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The Chronicle Telegram in Elyria, Ohio

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This newspaper page contains 22 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Mar 07, 1933

Page

1

Caucus Gag Authorized as Senate Closes on Power

Washington outlines a plan where a caucus gag concentrates control among a few. Senate Democrats vote 5 to 3 to permit party discipline, with House action pending. President Roosevelt seeks rapid enactment of banking measures and potential holiday extension.

Washington Senate House Congress Roosevelt Senate Democrats House Democrats Rep Rainey Dem Ill Wilson

State Senate Bill Aims Wide Reorganization of Ohio Government

A bill by Sen. Earl R. Lewis would abolish thousands of state jobs across divisions and departments in Ohio. It permits elective officials to abolish overlapping offices and requires surveys by each office head to determine which positions along with commissions are re established by July 1 1933.

Columbus Senate Earl R. Lewis Belmont County Executive Department Secretary

Men to testify on Cleveland dry cleaning plant bombing

Three men William Basile William Williams and Joseph Serafino were brought from Wood County jail to Cleveland to testify before the county grand jury about recent vandalism and bombing of Cleveland dry cleaning plants. They were charged with bombing a Perrysburg dry cleaning plant.

Cleveland, O Cleveland William Basile William Williams Joseph Serafino Wood County Bowling Green John Zeman Perrysburg

Weather forecast for tonight and Wednesday morning

Rain moves in tonight with likelihood into Wednesday morning. Southeast section turns noticeably cooler overnight and into early Wednesday.

Ohtio

City Awards Water Street Sewer Ejector Contract

Common Pleas Judge W B Thompson dismisses a taxpayer suit brought by Mrs Emily Roth against Service Director Fred Underhill and Mayor W H Van Oster over awarding the Water Street sewer ejector station to Fred Ross. The court rules officials may award to any bidder absent fraud or collusion. Ross bid 319091 dollars, higher than the lowest bid by Gallaher and O'Haro of Youngstown.

Water Street Fred Ross Common Pleas W. B. Thompson Emily Roth Fred Underhill W. H. van Oster Board of Control Ross Gallaher and O

Kidnapers Arrested In Boettcher Case Two Held In Denver

Denver police announced arrests in the Boettcher kidnapping case. One suspect was captured near Mitchell South Carolina and another in Denver. Chief A T Clark said two other members who collected sixty thousand dollars in ransom were identified and expected to be arrested soon.

Denver Colo Charles Boettcher II Mitchell S. C A. T. Clark Boeitcher

Postmasters May Draw On Banks For Postal Payments

Washington March 7 post office department directs postmasters with money order or postal savings balances to draw on local banks. Treasury ruling allows banking institutions to cash checks on the Treasurer of the United States. Departments urges prompt handling of money order and postal savings transactions and reassures patrons funds will arrive soon if delays occur.

Washington Post Office Department United States Secretary of Treasury

Douglas Sworn In as Director of Bureau of the Budget

Lewis W. Douglas was sworn in as director of the Bureau of the Budget in Washington on March 7, succeeding Col. J. C. Roop. Douglas, a former representative from Arizona, takes over from Brig. Gen. Charles G. Dawes who previously held the post.

Washington Lewis W. Douglas Bureau of the Budget Today Col J. C. Roop Douglas Arizona Roop Charles G. Dawes

New York State Hints At Bank Scrip Plan Under Lehman

March 7 New York City banks placed under a new autocratic scheme as Governor Lehman gains power over state banking with emergency bills. A state authorized corporation would issue scrip to banks and then distribute to depositors and creditors, aiming to unify state finance and curb exchange rates.

New York New York City Albany Herbert H. Lehman Roosevelt Secretary of the Treasury William Woodin

Memorial Day Committee Meeting Called by Chairman Colburn

Memorial Day committee chair George Colburn calls a 7 p m meeting in council chambers to elect officers and appoint committees for Memorial Day observance. All military organizations are urged to send representatives.

George Colburn Council

Globe Union to raise wages 10 percent retroactive

Cincinnati firm Globe Union Manufacturing Company in Madisonville says wages of its 60 employees will increase by 10 percent retroactively to February 27. The announcement was made today.

Cincinnati Globe Union Manufacturing Company Madisonville

Electric survey ordinance defeated in council dispute

Council debated an electric survey ordinance as Carl Curtis pressed for action and O B Rankin argued. Curtis cited petitions with 2271 signatures and warned that if the council did nothing, locals and nine nearby communities would build a regional power plant to serve the county.

O. B. Rankin Carl Curtis Curtis Lorain

Elyria Automobile Club Formed From Lorain County Merger

Lorain County Automobile Club merged into the Cleveland organization at a St Pauls church meeting. Elyria gains only a name change while Cleveland offers all services to local members. J H Hurst remains secretary to serve Elyria motorists.

Lorain County Automobile Club Elyria Automobile Club Cleveland Automobile Club Cleveland St. Paul’s Church Elyria Cub Cleveland Club Fred Caley J. H. Hurst Caley Lorain County Club

Roosevelt press conference outlines plan for bank confidence

President Roosevelt, backed by governors from most states, moves to restore public confidence as he shapes proposals for Congress. He presses for new bank accounts held in trust with funds usable immediately, and urges uniform banking practices nationwide while avoiding centralization in Washington.

Washington Roosevelt Congress Federal Reserve Banks White House

Robbers Take 40 From Elyria Man in 8:20 P M Hold Up

Two robbers in a small coupe with Cleveland plates forced Ed Boughton at 423 East avenue to surrender 340 in receipts from a Middle avenue and 17th street station. A nickel plated revolver was shown. Police searched the area but found no matching car.

Cleveland Ed. Boughton East Avenue Ninth Street Middle Avenue 17Th Street Boughton Elmer Mertz Cleveland Road Ed. Monroe Mertz R. A. Moulton Lake Avenue Mose Wilder A. Holversene Second Street

Elyria Banks Gather for Scrip Basis Guidance

Elyria bankers awaited official word from State Banking Superintendent I. J. Fulton on which assets count toward the basis for scrip issuance. Once guidance arrives, the Elyria Clearing House will convene to decide whether to issue scrip.

Elyria I. J. Fulton Federal Treasury Department Chronicle-Telegram State Banking Department Elyria Clearing House

Congress expected to guarantee bank deposits leaders say

Washington March 7 Speaker-Designate Rainey and House Banking chair Steagall predict a special session will pass some type of bill to guarantee bank deposits. They caution they do not speak for President Roosevelt or know his views.

Washington Rainey Steagall House Banking and Currency Committee Congress Roosevelt

Banking Situation At A Glance

National actions authorize scrip issuance by clearing houses and limited bank restriction relief to meet payrolls, food transport, medicine supply, and employment. New York legislators debate a 1.5 billion dollar deposit protection corporation as Gov. Lehman wields broad authority over state banks. Canadian dollar valued at 1.23 to the US. gold payments prohibited. Elyria banks reopen under Treasury rules with full liquidity for new deposits and withdrawals on funds since restrictions. safety boxes accessible. gold certificates not issued.

New York Herbert Lehman

Republicans to discipline bolters in Hoover era scare

Senator Reed will move in the Senate Republican Conference to punish Republicans who supported Roosevelt in the 1932 campaign. He is backed by Norris Nebraska LaFollette Wisconsin Johnson California and Cutting New Mexico. Washington reports the measure announced March 7.

Washington Reed Repn Senate Republican Conference Hoover Norris Neb LaFollette Wis Johnson Calif Cutting N. M Roosevelt

Reed seeks denial of committee assignments by Republicans

Republican leaders doubt Reed's motion will gain support as Reed requests denial of committee roles. Senator McNary of Oregon is set to become leader, replacing former Senator Watson of Indiana. Senator Fess of Ohio likely to be elevated to assistant leader.

Reed McNary Ore Watson Ind Fess Ohio Elevier

Treasury head authorizes scrip issuance by clearing houses

Washington March 10 orders authorize issuing scrip by clearing houses and other associations against sound bank assets. Some areas may start earlier by direct treasury approval. Scrip may be delivered to creditors on a pro rata basis, likely giving depositors a percentage rather than full value, per clearing house judgments.

Washington, Mar. T Secretary of Treasury Woodin

Restrictions on Banks Being Relaxed to Meet Payrolls

Washington March T. Banks may resume normal operations to meet payrolls and essential needs such as food medicine and wages under Treasury orders signed by Secretary Woodin. Gold payments are prohibited and banks must avoid hoarding while complying with state and federal laws.

Washington March .T Secretary of Treasury Woodin

Also Mentioned on This Page

TATE Lewis St. Thomas Episcopal Church President Roosevelt James A. Roosevelt Charles Boettcher BUET State Schip James Begg Elyrian Treasury Adolph Miller William H. Woodin Federal Reserve Board Miller Treasury Building Treasury Department
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