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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 24, 1933
Page
1
The speech argues for a government market for gold and a federal loan program to stabilize banks. It claims NRA achievements like ending child labor and sweatshops, expanding work, and guaranteeing deposits up to 2500. Critics wonder how a gold standard can be fixed while gold prices vary.
In Halk Georgetown British Galena on Oct 24 Senora Carola Perez gave birth to seven sons in one delivery. Doctors call it unique in medical history and the family remains in good health. The Bolivar department debates a government grant for the Perez family while New York doctors note no gynecology records of such a birth.
After days of unseasonable heat with highs near 90, U S Meteorologist J H Jathoe forecast cooler weather and partly cloudy skies for East and West Texas. A cold front was expected to push temperatures down to around 68 degrees by Wednesday morning with Wednesday's high near 60.
President Roosevelt remains at the White House study with a light cold, postponing his usual office duties for today. He will monitor his condition and continue official work from home as symptoms are mild. The illness is not believed to be serious, and doctors say rest should help quickly.
Treasury announces newly mined gold at 2840 dollars per ounce, up 21 cents from yesterday. An explosion in Klagenfurt damaged the headquarters of local pro-Dollfus Christian Socialist forces amid political unrest.
Partly cloudy Tuesday night and Wednesday. Wednesday will be fair and colder with lower temperatures overnight and highs around 84 degrees. Winds light to moderate, shifting to northerly by Wednesday. Monday high around 31, Tuesday morning low around 68, with a warm Tuesday overall. East Texas section notes partly cloudy and colder in the northwest, with light to moderate winds. West Texas area: fair and colder in the north, with colder night Wednesday and similar wind patterns.
Edward J. McCann a 31-year-old former auto worker pleaded guilty to murdering his wife, dismembering her body, and distributing parts around Detroit. Judge Christopher E. Stein sentenced him to life imprisonment in solitary confinement with hard labor, after a nationwide manhunt and Chicago transfer.
In Paterson New Jersey a five month dye shop strike ended with a peace pact. The agreement calls for the immediate return of most of the 14 000 strikers in Passaic and Bergen counties. It includes a 40 hour five day work week wage scales and union recognition. The document was negotiated by the Institute of Silk Dyers and Printers employers' organization and the American Federation of Labor.
Hollywood Oct 24 Carole Lombard the film actress was confined to bed today after a relapse following an illness. Her condition was described as not serious by doctors.
Evidence presented to senate investigators shows former Cuban president Machado diverted nine million of a twelve million trust fund with the knowledge of the American state department. A Chase National Bank letter cited a nine million shortfall in 1841 and noted the matter worried both Machado and officials. Also disclosed were large loans to Machado and his companies, some still outstanding, and the bank official identifying the loans. The same day the senate banking committee announced a probe of closed bank sites in Cleveland and Detroit to examine relations with the federal reserve and investment houses.
On the New York Stock Exchange gold mining shares jumped amid quiet trading as news broke that the government under President Roosevelt would make its first gold purchase tomorrow. Major gainers included Domes up to 38, Alaska up to 26, and U S Smelting to 99 while commodities and some industrials drifted. Washington reports the Treasury and Reconstruction Finance officials will meet at 9:30 a.m. to set price and quantity, with a figure slightly above the world price expected to be announced by 10 p.m. eastern.
Thomas W. Lamont, banking partner of J P Morgan, must pay a $111 575 deficiency for 1929 income taxes after the board of tax appeals refused his appeal from a $78 271 assessment and approved the Bureau of Internal Revenue demand for a further $36 304. The decision was reported from Washington D C. on October 24.
In Eureux France October 24 forty persons were feared killed when the Cherbourg Paris Express derailed. The engine baggage car and three passenger coaches plunged from the track into the Nowoir river near Ziler. Ten bodies were recovered from the wreckage.
Postmaster General Farley told newspapermen in Washington that the postal savings system is here to stay and there is not a chance for abolition. He stressed confidence in the program and its permanence.
Darien Conn October 4 Orville Harrold noted tenor of the Metropolitan Opera died here after a long illness. Harrold who achieved fame in the lyric tenor roles had been active in concerts and broadcasts in recent seasons. He was born in 1880 and rose to international acclaim in the 1910s and 1920s.
An array of furnished apartments and rooms advertised with monthly and weekly rates. Listings include addresses such as 928 Main Avenue and 307 San Pedro plus multiple unnamed locations and prices ranging from 2.00 per week to 186.00 per month. The fragmented text also references hotsekeeping rooms and miscellaneous street addresses.
Julius G Berens argues that the United States and Britain may devalue their currencies to ease wartime debts. He notes commodity prices fall with a weaker gold dollar, recalls postwar price booms and declines after wars, and cites Roosevelt and historical cycles of price movements since the Civil War. He warns of long downward trends and potential debt relief via devaluation.
W. E. Leonard of the American Legion alleged city officials hid protests against the San Antonio Walkathon continuance and demanded a list of names. He claimed Fire and Police Commissioner Phi Wright misrepresented facts to Mayor Quin and said a 50 000 name list could be obtained if needed. Leonard and Beth Douglas Lawley met with city officials as the mayor stood firm backing the marathon’s continuation.
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