Cleveland Banks Hit Hard by Federal Action and Runs
Federal authorities stationed secret service operators in Cleveland as a three day run on the Cleveland Trust Co shook deposits. Governor Fancher of the Federal Reserve assured banks are sound and will reopen after careful condition checks. The Trust and its 59 branches closed with plans for reorganization underway at Union and Guardian, and a stock sale to back a new bank to succeed both.
MENTIONED IN THIS ARTICLE
Cleveland, O
Cleveland
Cleveland Trust Company
Cleveland Federal Reserve Bank
E. R. Fancher
Ceveland Trust
Trust Company
Creech
KE. R. Fancher
Federal Reserve
Federal Reserve Bank
Cleveland Trust
Union Trust and
Guardian Trust
National Bank
Union and Guardian
Bonus Ore Halted In Veterans Cash Bonus Debate
Washington April 27 The drive of House advocates of the Soldiers cash bonus was temporarily halted today at a conference between administration spokesmen and leaders of the veterans bloc Representative Patman of Texas said his group would not force a caucus on the controversial question Monday night as planned
MENTIONED IN THIS ARTICLE
Washington
Patman
Dem
Tex
Health District Meeting Set For Monday
Lorain County health department work will be reviewed at the annual meeting of the district advisory council of the Lorain County General District Department of Health. The 2 p.m. session in the directors' room of Lorain County Savings and Trust Company will also include the election of a member of the board of health. The advisory council consists of mayors of 10 villages and chairmen of 20 township boards of trustees.
MENTIONED IN THIS ARTICLE
Lorain County Health Department
Lorain County General District Department of Health
Lorain County Savings and Trust Company
The Weather Forecast Weather outlook for fair tonight and Friday
Forecast calls for fair conditions with frost tonight and again Friday. Temperatures rise slightly Friday with milder air moving in along the lake shore tonight.
Four prisoners escape from Western Penitentiary in dawn breakout
John Maur leader of the Maug Gang, Edward Turpack, Theodore Geisler, and Freddie Prince fled over roofs to freedom at Western Penitentiary. Prince, known as the pock marked bandit, was serving 20 years in Ohio for robbery and had detainers from Toledo Cleveland and New Haven.
MENTIONED IN THIS ARTICLE
Pittsburgh
Allegheney County
Ohio
Reiger
Western Penitentiary
John Maur
Maug
Vernon Moses
Ross Township
Edward Turpack
Theodore Geisler
Freddie Prince
Ohio State Prison
Prince
Ohio Penitentiary
Cleveland
Pennsylvania
Mt. Lebanon
Stanley Ashe
Penitentiary
Toledo
Ceveland
New Haven
Bombs Rock Coal Mine Community in Taylorville
Two powerful explosions shook the coal mine town of Taylorville injuring no one. The blasts damaged the home and garage of President Jack Stanley of the progressive miners union local, highlighting ongoing labor tensions.
MENTIONED IN THIS ARTICLE
Taylorville
Jack Stanley
Progressive Miners Union
Roosevelt Talks With Canada Leader on Trade and Debt
President Roosevelt meets Prime Minister Bennett in Washington as the United States and Canada discuss tariff adjustments to boost cross border trade. They plan steps to raise wheat and silver prices, while considering debt relief and a consultative peace pact.
MENTIONED IN THIS ARTICLE
Washington
Britain
France
Roosevelt
Bennett
Canada
United States
Herriot
Congress
SULONG WILL GET GOVERNOR TAK PROGRAM MONDAY
Ohio Governor White plans to submit his tax program to the joint legislative taxation committee when it reconvenes Monday night. Rep. William M. Goodwin said the administration’s plan, nearing completion, depends on federal aid and will be refined with advisors in the coming days. Adjutant General Henderson returned from Washington after coordinating relief needs with federal authorities.
MENTIONED IN THIS ARTICLE
Columbus
White
Joint Legislative Taxation Committee
William M. Goodwin
Butler County
Ohio
Frank OD. Henderson
Ohio Relief Commission
Washington
Joint Taxation Committee
Knox County
George H. Kirkpatrick
Utica
Kirkpatrick
Lorain County Sets Forest Expeditionary Force Quota
Lorain county relief officials set a quota of 2390 for the President's forest expeditionary force after meetings with state authorities in Columbus. Selections will target single men ages 18 to 25 with dependents on relief, and the pick must meet good character and physical standards.
MENTIONED IN THIS ARTICLE
Lorain County
M. A. Houghton
County Relief Commission
Columbus
State Relief Commission
Nine More Bank Conservators Named
Ohio State Banking Department announces appointment of bank conservators across Elyria Kent Clarksburg Rudolph Malinta Wren Republic Tiro and Sherwood with appointees James A Hewitt A W Pleister Hoyt B Graham F B Johnson Henry Geist R Co Dull Amos Lake W H Guiss Charles O Reeb the list names each institution and official responsible.
MENTIONED IN THIS ARTICLE
Columbus
State Banking Department
Elyria
Lorain County Savings and Trust Company
James A. Hewitt
Kent
City Bank
A. W. Pleister
Clarksburg
Clarksburg Commercial Bank
Hoyt B. Graham
Rudolph
Rudolph Savings Bank
F. BE. Johnson
Malinta
Farmers and Merchants Bank
Henry Geist
Wren
Bank of Wren, R. Co
Dull
Republic
The _ Republic Banking Company
Amos Lake
Tiro
Farmers and Citizens Bank
W. H. Guiss
Sherwood
The
Sherwood Banking Company
Charles O. Reeb
U S May Sign Tariff Truce at World Economic Conference
Secretary of State Hull said the United States would be ready to sign a tariff truce for the World Economic Conference duration if others proposed and subscribed. He could not confirm reports that Ambassador Norman H. Davis was instructed to sponsor a tariff truce at the organizers meeting but said the matter was under discussion.
MENTIONED IN THIS ARTICLE
Washington
Hull
United States
Norman H. Davis
Ohio Plant Gets Large Order
Gallipolis Ohio April 27 Eight months employment for 500 men was assured for the Marietta Manufacturing Plant at Point Pleasant with the letting of a 1,000,000 contract for two dredges by the U S Government today. The dredges will be used on the Mississippi River for flood control. Two hundred idle for a year will be recalled and 300 others put to work.
MENTIONED IN THIS ARTICLE
Gallipolis
Marietta
Point Pleasant
Here
U. S
Mississippi River
Gore Named Governor of Puerto Rico and Other Nominations
President Roosevelt plans to name Robert Gore of Florida for confirmation as governor of Puerto Rico. Gore, a Florida newspaper publisher from Fort Lauderdale and Chicago, was also linked to the internal revenue post. Roosevelt also to name David Hennen Morris of New York as ambassador to Belgium.
MENTIONED IN THIS ARTICLE
Gay Gore
Puerto Rico
Washington
Roosevelt
Robert Gore
Senate
Gore
Florida
Fort Lauderdale
Fla
Chicago
Internal Revenue
David Hennen Morris
New York
Belgium
Revision of Currency Inflation Bill Aims 30 Percent Debt Cut
Washington April 27 The Currency Inflation Bill nears passage with debate limited and a probable vote by night. The measure would allow a possible 30 percent reduction in 1933 war debt payments and includes a silver payment option for foreign debtors. Senate actions added a permissive free coinage of silver, with uncertainty over utilization by Roosevelt amid opposition from Senator Wheeler and others. A House rider on immediate cash bonuses draws concern as debate continues.
MENTIONED IN THIS ARTICLE
Washington
White House
Senate
United Press
United States
Roosevelt
United States Treasury
William Jennings Bryan
Capitol Hill
Wheeler
Mont
Thomas Inflation
Reed
Republican
Glass
Democrat
House
Robinson
Ind
Vincent Hahl Dies After Hand Injury in Corn Shelter
TIFFIN O April 27 Vincent Hahl died of lockjaw in this city after sustaining an injury to his hand a week earlier in a corn shelter.
MENTIONED IN THIS ARTICLE
Tiffin
Vincent Hahl
British French money pact aims to steady gold standard and pound
London reports say an Anglo French monetary alliance is nearly complete to keep France on the gold standard and defend the pound against dollar depreciation. The plan centers on the Bank of England lending francs bought with its equalization fund to stabilize exchange and prevent gold outflows.
MENTIONED IN THIS ARTICLE
United Press
London
France
America
Bank of England
Bank of Bengland
British Equalization Fund
Neville Chamberlain
Britain
The
Daily Herald
United States
Chamberlain
Financial News Today
Wyoming’s Nellie Ross Named U.S. Mint Director
Nellie Tayloe Ross, former Wyoming governor, becomes the third woman to hold a major government post and the first woman to lead the United States Mint. She succeeds R. J. Grant and has taken a leading part in President Roosevelt’s presidential campaign.
MENTIONED IN THIS ARTICLE
Nellie Tayloe Ross
Wyoming
Mrs. Ross
R. J. Grant
United States Mint
Ross
Roosevelt
Conservator Appointed for Lorain County Savings and Trust Co
Jas A Hewitt former Elyria mayor and bank director has been named conservator for Lorain County Savings and Trust Co as the bank moves toward relicensing. The bank explains that a sixty day restricted operation period ends today and a conservator is required before normal business resumes.
MENTIONED IN THIS ARTICLE
Lorain County Savings and Trust Co
Jas. A. Hewitt
Elyria
Hewitt
Ohio
State Banking Department
Superintendent of Banks
James A. Hewitt
Tomorrow Brings Payless Payday for Elyria Teachers
Elyria teachers face another payless payday as funds remain tied up in restricted banks. About six and a half weeks of pay are due tomorrow, with three full pay checks for two weeks each plus the 20 percent advance, while many had already deposited last paychecks before restrictions. Other school staff are affected as well, with payroll reduced from about 16,000 to 13,590 every two weeks after the April 17 pay cut.
MENTIONED IN THIS ARTICLE
Elyria
Ditch Work Contracts Awarded in Hales Harrington Improvement
County commissioners awarded contracts for the Hales Harrington Ditch project in Columbia and Eaton townships. William Resar secu Red multiple sections totaling $189 to $344, Ralph Pitts covered sections $94 and $Sac, J Donahue secured $269 and $250, Hancock Brick and Tile Co. $845 for section 12. Work must be completed by November 15.
MENTIONED IN THIS ARTICLE
Hales-Harrington Ditec
Columbia
Eaton
William Resar
Ralph Pitts
Sac
J. Donahue
Hancock Brick and Tile Company
Roosevelt Serves War Debt Notices Ahead of Conference
President Roosevelt issues a White House statement directing European debtors to make their June 15 payments totaling 144 million dollars. He aims to maintain U S control over debt issues until after the World Economic Conference opening June 12 in London. No pledges were made to MacDonald or Herriot regarding a moratorium.
MENTIONED IN THIS ARTICLE
Congress
Senate
Roosevelt
MacDonald
Washington
U.P
White House
America
United States
Great Britain
Herriot
France
London
Time bomb wrecks Rock home in Ravenna Ohio
Two bodies recovered from the demolished Rock residence in Ravenna after a basement time bomb exploded wiping out a combined home and barber shop. Dolores Taylor and Silas Eldridge died at the scene. Sylvester Barnes died later from injuries. Eight others were injured, two seriously, as investigators suspect liquor warfare motives. Witnesses reported four men fleeing in a sedan toward Cleveland.
MENTIONED IN THIS ARTICLE
Ravenna
Edward Rock
Rock
Dolores Taylor
Silas
Eldridge
Sylvester Barnes
Taylor
Ravenna, O
Silas Eldridge
William Rock
Francis
Robert
Theodore Eatinger
Sadie Clayspool
Dundee Fischer
Robinsome
Memorial Hospital
Cis
Barnes
Robert Rae
Also Mentioned on This Page
Federal Govt. Banes
Cleveland Trust Co
U.S. Fleet
Admatrac Motors
Avid F. SeHers
Richard H. Leigh
United States Fleet
Penna
Canadia
Tod
Sulong
U.S
Bulletin
U.S. Mint
Nellie Tayloe
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