Thorough and careful bank reopenings urged by state officials
T O McEldowney of the state banking department promised a thorough, independent survey of Elyria banks before any reopening. Reports will go to J Fulton as conditions develop, with a Columbus meeting planned to coordinate with Roosevelt era instructions that banks must be absolutely sound to reopen.
MENTIONED IN THIS ARTICLE
State Banking Department
Elyria
Chronicle-Telegram
T. O. McEldowney
McEldowney
J. Fulton
Meckidowney
Columbus
Roosevelt
Burton Named Guardian Trust Bank President
Cleveland March 21 GPI P definite announcement of Union Trust Company reorganiza tion plans awaited after Guardian Trust Company selected Harold H Burton former acting mayor of Cleveland as new president and head of a reconstruction committee Details of the plan to be discussed by the board of directors Treasury and RFC approval uncertain Burton named after J A House resigned to empower the committee The reorganization committee includes Randolph Eide Warren Bicknell Eben G Crawford Alexander F Whitney Harvey H Brown Jr and others Five of nineteen branches will close staff cut by thirty percent junior officer pay cut twenty five percent and other salaries reduced
MENTIONED IN THIS ARTICLE
Cleveland
Union Trust Company
Guardian Trust Company
Harold H. Burton
Union Trust
Treasury
Reconstruction Finance Corporation
Heanses
Burton
J. A. House
Harold Burton
Randolph Eide
Ohio Bell Telephone Company
Warren Bicknell
Lundoff-Bicknell Company
Eben G. Crawford
Cleveland Electric Iluminating Company
Alexander F. Whitney
Brotherhood of Railroad Trainmen
Harvey H. Brown, Jr
Sewart Furnace Company
Weather forecast for Wednesday with snow flurries
Cloudy and colder with snow flurries in the north portion. Wednesday generally fair with a slowly rising temperature in the southwest portion.
Gas referendum debated at Lima council meeting
Council discussed petitions with 2725 signatures seeking a June 19 special election on a gas rate referendum. The ordinance passed first reading 6 to 3 despite opposition over cost. two more readings remain. Curtis cited West Ohio Gas refund order to Lima users as context.
MENTIONED IN THIS ARTICLE
Charles Sartor
O. E. Rankin
Carl Curtiss
Rankin
Thut
Sartor
Ed. Notley
W. D. Taylor
Ernest Birch
Carl Curtis
W. G. Smith
Leonard Smith
Anna Kennedy
Walter Kohn
O. B. Rankin
William Smith
Curtis
West Ohio Gas Company
Lima
Proposal to Separate Elyria City from Township
Councilman Carl Curtis submitted a plan to sever Elyria city from Elyria township to cut the city tax rate by one fourth of a mill. He said the move would save about $12,000 annually to city taxpayers and the township may favor the separation. The proposal was sent to the building and lands committee.
MENTIONED IN THIS ARTICLE
Elyria City
Elyria Township
Carl Curtis
Curtis
Building and Lands Committee
Council
Beer-Wine Bill Passes House for 3.2% Beer by April 7
The Cullen beer-wine bill won final House approval to legalize 3.2 percent beer by April 7. Conference report approved, three signatures needed to enact. Speaker Rainey and Vice President Garner sign formally, then Roosevelt signs in, sending bill to statute books. Senate recessed until noon tomorrow.
MENTIONED IN THIS ARTICLE
Washington
House
Rainey
Garner
White House
Roosevelt
Roosevelt outlines plan to create jobs and curb unemployment
President Roosevelt proposes a direct attack on unemployment with a plan to place 250,000 men to work by early summer through reforestation and flood control. He seeks creation of a Federal Relief Administrator and three act types for public works, state grants, and quick public employment.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Office of Federal Relief Administrator
Board of Public Works
House
Senate
White House
Mutler Outlines Policy Before Reichstag
Potsdam March 21 The chancellor Adolf Hitler opened a Reichstag session amid imperial symbol display and an atmosphere of power. He vowed to unite supporters while destroying those who damage the people and called for restoration of national honor by repudiating war guilt and banning the Republican flag. President Hindenburg lauded Hitler as the nation’s life symbol.
MENTIONED IN THIS ARTICLE
Potsdam
Adolf Hitler
Reichstag
Germany
Paul von Hindenburg
Hitler
Frederick the Great
Versalllles
Reischtag
Hindenburg
Reichstag Fur
Blanket 20 Percent Cut in Lorain Real Estate Valuations
Lorain County Auditor C S Kelser announced a blanket 20 percent reduction on all real estate valuations over $70 on the 1933 tax duplicate. The cut, effective for 1933 valuations, will lower tax bills payable next December and January, reducing total Lorain County real estate valuations by about 11 million dollars though exact tax impacts could vary with district rate changes.
MENTIONED IN THIS ARTICLE
C. S. Kelser
Lorain County
Milton Kyger Drowns In Hi Awatha Park Lake Accident
Milton Kyger aged 14 drowned after a boat overturned at Hi awatha Park Lake in Mt. Vernon Ohio on March 21. He was with three companions when the accident occurred.
MENTIONED IN THIS ARTICLE
MT. Vernon, O
Milton Kyger
Hiawatha Park Lake
Flood Crest Destroys Homes as Ohio River Rises
Floodwaters from the Ohio River surged across four states with Cincinnati and other towns reporting water in streets. Officials warned the crest could reach 64 feet, threatening more homes and leaving over 5,000 families homeless as relief stations and field kitchens operated for evacuees.
MENTIONED IN THIS ARTICLE
Cincinnati
Ohio
West Virginia
Indiana
Kentucky
Ironton
Manchester
Gallipolis
Marietta
Poke
County
Bellevue
Newport
Covington
Kentucky National Guard
Covington-Newport
Madison
New Albany
Aurora
Jeffersonville
Mayor reports attempt to secure city payroll funding
Mayor W. il. Van Ostar said the Ohio Public Service Co and the Ohio Fuel Gas Co would loan the city funds to cover payroll but later found it unnecessary. The two utilities proposed loans totaling about 9,000 dollars, secured with securities, to meet the payroll for the latter half of February with permission from the State Banking Department.
MENTIONED IN THIS ARTICLE
W. Il. van Ostar
Ohio Public Service Co
Ohio Fuel Gas Co
State Banking Department
Spring arrives with cold wave sweeping eastward across America
The first day of official spring brought a blizzard like storm from the Midwest to the East. Snow and sleet covered Minnesota and Wisconsin while Illinois Iowa faced heavy ice and damaged wires. Temperatures varied from springlike on the Pacific coast to blizzard conditions inland with power outages and tree damage.
MENTIONED IN THIS ARTICLE
Chicago
Mid-America
Middle West
Great Lakes
Minnesota
Kansas City
Pacific Coast
Los Angeles
San Francisco
Colorado
New Mexico
Wyoming
Salt Lake City
Wisconsin
Illinois
Iowa
Michigan
East Lansinz
Benton Harbor
Mich
New England
Atlantic
Emmons Betting Bill Favored by Taxation Committee
In Columbus the House taxation committee reported for passage the Emmons bill to legalize and tax betting on horse racing. The committee vote was 14 to 1. The panel refused to amend the bill to include dos racing.
MENTIONED IN THIS ARTICLE
Columbus
House of Representatives
Emmons
City payroll advances February salary amid bank constraints
City payroll of 9300 for the last half of February is to be paid today under a special arrangement with state bank examiners. Salaries are only half of what is owed, with 18009 in pledged mortgage securities securing deposits. School teachers face a similar delay. a Friday shortage of about 356 dollars is expected to be resolved with bank examiner aid.
MENTIONED IN THIS ARTICLE
W. H. van Oster
State Banking Department
Horace Nye
Nye
Roosevelts gag rule on farm relief bill sparks House clash
In Washington March 21 Roosevelt leaders restricted debate to push the farm relief measure through the House under ironclad rules. Speaker Rainey predicted night passage, while Democrats warned of party discord and potential loss of Republican support. Senate fate remained uncertain.
MENTIONED IN THIS ARTICLE
Wastlington
Roosevelt
House
Rainey
Congress
Senate
Mayor proposes 10 percent city salary cut to close deficit
Mayor W H Van Oster plans drastic retrenchments to cover a 40000 year end shortfall. Proposals include a 10 percent salary reduction for all city workers and officials, removing gas and electric surveys from funding, firing some staff, trimming parks and other expenses. Estimated savings total 37507 against 244797 appropriations with revenue not exceeding 202000. Council debate follows with limited support and no action on keeping surveys funded.
MENTIONED IN THIS ARTICLE
W. H. van Oster
Planning Commission
W. D. Taylor
Ee No
Leonard Smith
Carl Curtis
Ohio Secretary of State seeks removal of highway chief and auditor
Secretary of State George Myers charges fraud in Ohio state highway department dealings. He asks Governor White to remove Highway Director C. W. Merrell and department auditor W. D. Van Ness after a Michigan parts purchase and altered billing. Myers cites a $11,304.42 bill for Ford Hack Auto Supply, later reduced to $375, with vouchers signed by Merrell and Van Ness.
MENTIONED IN THIS ARTICLE
Columbus
State Highway Department
George Myers
White
C. W. Merrell
W. D. van Ness
Myers
State Bureau of Motor Vehicles
Secretary of State
Highway Department
Michigan
Logan Company
Ohio
Highways
State Banks Cleared to Open Today in Ohio
In Columbus on March 1 two more state banks received certification to open. The Ion Bank Company of Grove in Putnam County and Farmers Bank of New Montgomery County are cleared to begin operations.
MENTIONED IN THIS ARTICLE
Columbus
Ion Bank Company
Grove
Putnam County
Farmers Bank of New
Also Mentioned on This Page
Guardian Trust Bank
Ohio River
Water Street
Walnut Street
Bia
Mutler
East End
Paul Schriner
Worth Street
America Shivers
Rok Emal
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