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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Oct 25, 1933
Page
1
A chaotic summary of economic anger and political opinion questions amid calls to loosen gold selling rules for small miners while big firms require forms. The piece rails at farm strikes, food shortages, and government inaction as Roosevelt faces a cold and modern health advice. A scattered parade of anecdotes, from poker with Parley to patent classics, closes with health caution.
High winds whip Lake Michigan into heavy seas washing away parts of a dirt road and damaging a floating theater anchored near the fair. The event left a section torn from the theater’s edge while crews worked through the night to repair the damage.
In district court Wednesday, Woolfolk testified detailing alleged police mistreatment after arrest. He accused detectives of pistol whipping and beating him with a rubber hose to force a confession in the case involving the murder of Alma Dell Cabbie, while denying cooperation with authorities and challenging the investigation.
Partly cloudy with probable showers Wednesday night and Thursday. Wednesday night will be colder, Thursday warmer. Low Wednesday night around 60, high Thursday around 80. Northeast to east winds light to moderate. East Texas region shows similar trends with showers possible in southwest areas. colder Wednesday night, warmer Thursday. North and east portions warm Thursday. West Texas near the hundredth meridian also partly cloudy with possible showers in Rin Grands valley. cooler Wednesday night, warmer Thursday.
Washington October 26 Evidence showed Chase National Bank sold 40 million in Cuban bonds to the public to retire obligations. The bank earlier planned 50 million in serial certificates with bankers holding 90 million, later maturing. Proceeds funded about 40 million of Cuban obligations while bankers extended 20 million credit for another 40 million option. Banks involved included Chase Blair Danit able Trust Continental Dinos National Bank and Trust Chicago. Committed plans to unload onto the public were discussed but bankers believed public would buy the certificates. Albert Wiggin, former Chase chairman, reportedly ceded contact for a retirement at 100000 a year and provided a letter to directors.
In Athens on October 25 a packed court cited Ramvel Insull’s philanthropy and art patronage as factors against extradition to the United States. Lawyer Christos Lados argued that Insull’s munificence and civic works show his value beyond facing charges tied to his empire’s collapse. In Toronto, Martin J. Insull, Samuel Insull’s brother, heads to Ontario Supreme Court to contest extradition on embezzlement charges.
Belton Texas cowboy F Dock Lucas, 20, was thrown and trampled in a wild steer riding contest at Madison Square Garden. He remains in serious condition with a cerebral contusion and possible skull fracture as physicians report.
President Roosevelt remains confined to his living quarters with a slight cold but expects to resume duties at the executive offices shortly. Report notes the illness is minor and non serious, with no indication of extended absence or impact on policy.
Governor Miriam A. Ferguson vetoed Senate Bill 78 a measure allowing political subdivisions to borrow funds from the public works administration for hospital construction. The action came from Austin on October 29.
San Antonio officials warned of a new ordinance if the 28 year old permit rule for public exhibitions fails to curb the walkathon. In Fifty-seventh district court the dispute over the old law intensified as promoter Hal Ross and police faced arrests of customers who bought 25 cent tickets.
A column argues for a formal reduction of the dollar’s gold content to half its former value. It claims devaluation eases debt repayment, raises prices, and benefits debtors while urging President Roosevelt to act decisively to define a 50 cent dollar and end public uncertainty about sound money policy.
A broad upswing developed in grain and stock markets with Chicago wheat and rye up several cents, corn and oats higher, and cotton advancing in New York and New Orleans. Gold shares led gains on the New York Exchange as Allied Chemical and U S Steel climbed, while the APC gold price edged above £31.09, fueling speculation on inflation and policy. Washington reported Roosevelt's plan to regulate gold value and buy new gold at $313.56 per ounce, marking a shift in commodity pricing policy.
Rental listings show furnished houses and unfurnished rooms with monthly and weekly rates across multiple addresses. Advertisements note available units, with examples including 1508 5 Prese and 44 Kirk Pi, plus utilities and weekly board options in some cases.
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