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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
May 27, 1933
Page
6
A brief feature by Arthur Brisbane adapted for syndication discusses current events with a general, reflective tone. It emphasizes social trends and public sentiment while assessing contemporary issues through a reporter’s observational lens. The article frames civic questions and moral considerations for readers.
Detroit markets show cheer as rail traffic improves and stores report April gains. Oscar Webber of Hudson Co. optimistic about May while Ford and GM executives visit Chicago for exposition openings. Canada and Austin fantasies flare amid broad economic chatter. Morgan probe faces funding hurdles as Senate weighs more money to finish hearings into the Morgan banking house and Unity and United utility interests.
The Weather Bureau expects a warm weekend in San Antonio with gradually rising temperatures and mainly clear skies. Highs reach about 90 degrees Saturday and Sunday, while Friday tops 83 and Sunday cools to 74, winds from the south.
Mutineers seized the Norwegian steamer Prominent in Mirs Bay near Hong Kong, shot the captain in the leg and held officers prisoner. The vessel was run aground last night as police fired, and the mutineers escaped. Also reports a minor shooting wound to Kalle Burg in Wyoming Street.
Partly cloudy Saturday night and Sunday with warmer Sunday. Low Saturday night around 14 degrees and high Sunday near 90. Light to moderate southerly winds. Friday high about 83, low Saturday morning 8. East of 100th meridian: similar pattern with partly cloudy conditions. West of 100th meridian: partly cloudy with thunderstorms possible in Panhandle, cooler in Panhandle and extreme west Saturday night and Sunday.
Washington May 27 congress set to act on the Steagall Fletcher bill to cancel the gold payment clause in government and private contracts. The House Banking Committee planned to report the measure tonight with no hearings. Acheson explained it would end the gold standard and establish a managed currency basis to restore economic independence and prosperity.
LAREDO May 27 H N Henderson of San Antonio posted $500 bond after arrest at the international bridge yesterday by customs inspectors for a charge involving customs violations. Also from Washington President Roosevelt authorized the board of trustees of the postal savings bank to purchase $100000 in government bonds.
Paris dispatch reports Adolf Hitler has pressed for the return of the Polish corridor to Germany as a condition for German cooperation at a disarmament conference. Berlin, Warsaw, and Paris allegedly maneuver for leverage, with the corridor seen as a key to Nazi aims and a possible path to restore East Prussia ties. The Danzig question looms, shaping how France and Poland approach a possible compromise with Hitler.
HOLLYWOOD May 27 A man identified as Gant J W Hey a Peru landowner and former South American explorer died today in mysterious circumstances prompting police to order a thorough investigation His wife and new companion D J Herpung an herb specialist said Hey collapsed after announcing he had taken poison
Classified notice outlines apartment listings with weekly and monthly rents across various locations. Readers are urged to contact owners or agents for viewing this evening’s late edition.
The piece denounces the federal income tax as a failing, unjust system kept by politicians and attacked by Hearst as the greatest racket in the United States. It contrasts harsh treatment of small earners with rich tax dodges, arguing public anger grows against official methods and calling for tax reform.
Heavy buying lifted stocks with gains up to 88 on opening blocks of 1000 to 26 000 shares. Government repeal of gold clause in 41 obligations spurred inflation fears and sent futures and currencies higher as gold and mining shares surged. Market opened with record activity, silvers rose, pounds and francs edged up, and speculation swirled about a gold market opening.
New Orleans May 22 A cotton price rise to new season highs. October futures up to 9.30 cents and December to 8.48 cents, gains 19 to 31 points from yesterday. Strength cited Roosevelt policy urging a gold standard and Liverpool’s reaction to American price increases.
Opening trade sees wheat rise four cents per bushel amid Roosevelt urging a break from the gold standard. Buying rush pushes prices to a high before recent pullback, December option near four cents above base. Fort Worth reports mixed on futures and cash trades as traders react to policy signals.
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