Study of Local Banks Under Way Today
A State banking department team led by T. O. MecEl downey worked in Elyria to survey local banks. The effort follows pending Ohio Legislature banking bills and relies on interpretations from Washington through the State department. Final decisions will come from federal policy in Washington via I. J. Fulton in Columbus.
MENTIONED IN THIS ARTICLE
T. O. MecEldowney
Elyria
McKkidowney
Chronicle-Telegram
Ohio
Washington
State Banking Department
I. J. Fulton
Columbus
Guardian Trust Plans Reorganization in Cleveland
Guardian Trust Company and Union Trust Company outline a plan to reopen two new National Banks in Cleveland as federal officials join local officers. Harold H. Burton named new bank president, inventory and appraisal underway to shape final plan. Details withheld pending final agreement.
MENTIONED IN THIS ARTICLE
Cleveland
Guardian Trust Company
Harold H. Burton
Burton
Washington
Union Trust Company
Banking bills on Senate calendar in Columbus Ohio
The March 25 Toledo ledger notes administration banking bills on the Senate calendar along with the Mosier and Marshall measures. Also scheduled for a vote are proposals to extend county recorder and county clerk terms to four years. The banking bills authorize bank reopenings under liquidation and create a banking advisory committee with the state superintendent of banks.
MENTIONED IN THIS ARTICLE
Columbus
Administration
Marshall
Senate
Presidents meeting on farm relief proposals in Washington
A delegation of congressional leaders and committee chairmen met with President Roosevelt in Washington on March 12 to discuss the farm relief program now pending before Congress.
MENTIONED IN THIS ARTICLE
Washington
House
Senate Agriculture Committees
Roosevelt
Congress
Ohio Weather Forecast Fair Tonight and Friday
Ohio forecast calls for fair conditions with temperatures holding steady tonight and on Friday. The pattern remains mild with little change expected ahead of the weekend.
MENTIONED IN THIS ARTICLE
Ohio
Butler Says Referendum Not Needed If Rate Ordinance Repealed
City Solicitor Howard Butler announced today that a referendum election will not be required if the council repeals the new rate ordinance. He noted petitions on file review gas-rate changes until the referendum is held or the ordinance is repealed. A repeal would save about $2,000 in referendum costs.
MENTIONED IN THIS ARTICLE
Howard Butler
Ohio River levels fall in flooded Ohio Valley towns
Ohio River levels declined across the flood zone from Cincinnati to Louisville. At Cincinnati the stage was 63.1 feet, down half a foot in 24 hours, with three to four days expected for floodwaters to recede below flood lines in most towns. Intermittent rains lingered but not enough to alter the flood. The Sunken airport levee remained intact but seepage filled low areas and runways. The death toll rose with Louis Mitchell, 15, of Manchester, Ohio, killed when he touched a high tension wire while rowing in backwaters.
MENTIONED IN THIS ARTICLE
Cincinnati
Louisville
W. ©. Devereaux
Walley
Louis Mitchell
Manchester
Lorain Mayor Fires Up Midnight Council Meeting
Lorain Mayor Joseph Conley condemned Elyria officials for showing lack of interest in a county wide drive to cut electric rates. He urged Mayor Van Oster to attend future regular meetings and pressed council members to participate in the effort led by his electric committee.
MENTIONED IN THIS ARTICLE
VanOster
Joseph Conley
Lorain
W. H. VanOster
Elyria Council
Conley
W. G. Smith
van Oster
Earthquake Shocks Peloponnesus. No Casualties Reported
A strong quake struck the eastern Peloponnesus peninsula and nearby islands in the Aegean Sea injuring no one. Residents fled to open areas and camped outdoors as damage spread across villages.
MENTIONED IN THIS ARTICLE
Athens
Peloponnesus
Tianian Sea
Four More Ohio Banks Licensed by Fed
The Federal Reserve grants operating licenses to four more Ohio banks. The institutions are First National Bank of Ashtabula, First National Bank of North Baltimore, Citizen’s National Bank of Marietta, and Home Banking Co. of Gibsonburg.
MENTIONED IN THIS ARTICLE
Ohio
Cleveland
Federal Reserve
First National Bank of
Ashtabula
First National Bank of North Baltimore
Citizen’s National Bank of
Marietta
the Home Banking Co
Gibsonburg
No Quorum At Meeting On Gas Rate Talks
Negotiations for a lower gas rate continue as Albert Kay and Mayor W H Van Oster travel to Columbus to meet with Ohio Fuel Gas Company officials. Five absent council members draw censure after a late meeting failed to repeal the ordinance. Kay claims 2800 signers back him against the rate plan.
MENTIONED IN THIS ARTICLE
Albert Kay
W. H. van Oster
Columbus
Kay
William Smith
Smith
Clarence Locke
Anna Kennedy
W. D. Taylor
Ernest Birch
Walter Kohn
O. E. Rankin
van Oster
Howard
Ohio Fuel Gas Company
Elyria
Roosevelt farm relief bill faces stormy Senate path
Washington March 23 The Roosevelt farm relief bill, yet to clear the Senate Agriculture Committee, faces a stormy passage with no open hearings planned. The bill could be materially changed before debate with key debates over the domestic allotment provision and proposed amendments. Senator Smith cites possible changes as the bill moves toward the floor.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Smith
Senate Agriculture Committee
Bulkley
Dem
Opposition to New Sales Tax in Ohio
The Ohio Chamber of Commerce board voted 31 to 2 with 1 abstention against any new sales tax beyond existing and proposed by Governor White. They termed additional taxes contrary to the general welfare and unnecessary if economies are pursued in government.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
White
Ohio Chamber of Commerce
Government considers buying land for reforestation project
Washington March 23 Secretary of War Dern disclosed the government is considering purchasing land in the eastern United States for its unemployment relief reforestation program.
MENTIONED IN THIS ARTICLE
U. 8
Washington
United States
War Dern
Wheat Jumps at Opening on Beer Bill News
Wheat rose at the Chicago Board of Trade opening today with bids 3 4 to 2 1 8 cents higher per bushel. Traders tied the advance to the beer bill enactment after a brief bull movement when trading resumed.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
Fear for safety of kidnaped boy in Ohio case
Five days after 15 year old Peter Myere Jr. was abducted from Masury Ohio authorities report no word from the gunmen. Sheriff Roy S Hardman says the search is fruitless and another Masury suspect remains in jail for questioning. Clyde W Osborne offers to relay any ransom demand to the parents.
MENTIONED IN THIS ARTICLE
Youngstown
Peter Myere
Masury
Clyde W. Osborne
Mahoning County
Trumbull County
Lakewood
Pittsburgh
Britain Demands Release Of Men Held By Soviet
London reports the government instructs ambassador Sir Esmond Oyey to press for unconditional release without trial of four Britishers held in Moscow on sabotage charges. A demand to Soviet Foreign Commissar Litvinov is planned. Diplomatic relations could be severed if warranted, with negotiations for a Moscow trade deal already suspended.
MENTIONED IN THIS ARTICLE
London
Esmond Ovey
Moscow
Maxim Litminoff
Myers Demands Prosecution Of Ohio Highway Officials
Secretary of State George 8 Myers formally demanded Governor George White prosecute Highway Director O W Merrell and Highway Auditor W D Van Ness for allegedly presenting a false payment claim. He cites a voucher for 11304 to a Logan supplier for truck parts bought from Michigan for 37000, and had previously urged their removal.
MENTIONED IN THIS ARTICLE
Columbus
George 8
Myers
George White
O. W. Merrell
W. D. van Ness
Ohio
Merrell
van Ness
Logan Automobile Supply
Michigan
Presidents Plan Faces Labor Foe in Reforestation Corps
Roosevelt pushes a 250000 volunteer civilian conservation corps with $1 a day pay plus subsistence. Labor leaders oppose the bill as Connery and Senator Black seek higher wages and shorter workdays. Joint hearings will feature Perkins Dern and Ickes at the White House briefing.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Connery
House Labor Committee
Senate
White House
House Labor
Perkins
War Dern
Interior Ickes
Civilian Conservation Corps
Senator Black
Lorain Boy Struck By Hit And Run Driver
Peter Dziat a 13 year old boy of 1010 east 4th street Lorain was struck by a hit and run motorist on Lake avenue near St Marys cemetery as two cars passed He suffered a possible fractured skull and multiple minor injuries and was taken to Memorial hospital by Mrs P H Delefield of Griswold road deputies said The incident occurred around 8 p m yesterday while the boy rode a bicycle and was reported to the deputy sheriffs by the lad himself
MENTIONED IN THIS ARTICLE
Peter Dziat
East 4Th Street
Lorain
Hitskip
Lake Avenue
St. Mary’s Cemetery
Dziat
Memorial Hospital
P. H. Delefield
Griswold Road
Fire destroys Warrensville infirmary dormitory housing 136
Fire of unknown origin swept Warrensville Infirmary Dormitory injuring no one and causing 30000 dollars in damage. Matron Pearl Cipra discovered flames in a closet and alerted staff who evacuated 136 residents including patient Lida Brown. Mayor Ray T Miller ordered investigation and future housing plans for the women.
MENTIONED IN THIS ARTICLE
Cleveland
Warrensville Infirmary
Pearl Cipra
Jerome J. Sullivan
Sullivan
Ray T. Miller
New Detroit Bank to Open Tomorrow
March 23 The National Bank of Detroit will open tomorrow morning backed by General Motors and the Government. Alfred P. Sloan Jr GM president said the bank will take over the old First National Bank quarters now under conservatorship. Pending talks seek to release frozen deposits from First National and Guardian National Bank. Sloan said GM enters the Detroit banking field as a patriotic move and will withdraw when possible.
MENTIONED IN THIS ARTICLE
Detroit
National Bank of Detroit
General Motors
Alfred P. Sloan, Jr
Sloan
First National Bank
First National
Guardian National Bank
Bingham Approved as Ambassador to Great Britain
The Senate approved Robert Bingham of Louisville Kentucky without debate to the post of Ambassador to Great Britain. He is set to sail for London to succeed Andrew W Mellon amid looming war debt negotiations and high diplomatic stakes.
MENTIONED IN THIS ARTICLE
Washington
Senate
Robert Bingham
Louisville
America
Great Britain
London
Andrew W. Mellon
Farm Bill Passed by House Reaches Senate for Review
Washington March 25 The administration farm bill, approved by the House yesterday, is received by the Senate and referred to the agriculture committee. The panel will meet tomorrow to begin consideration of the measure.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Agriculture Committee
Roosevelt Pushes Farm Mortgage Relief Plan Action
President Roosevelt moved for early Congress action on a 2.009 billion plan to refinance and reduce farm mortgages. He met with congressional leaders including Rainey and Morgenthau, with the plan to be sent to Congress as a presidential message and tied to the farm bill. A separate mortgage refinancing proposal for small home owners was also announced.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Senate
House
Agriculture Committee
White House
Reinsy
Seader Robinson
Morgenthau
Farm Board
Wagner
Secretary of Treasury
Woodin
Rainey
Congres
Teachers May Get Pay Tomorrow After Bank Restrictions
Elyria teachers hope to receive part of their unpaid wages tomorrow as school board funds, tied by bank restrictions, are being tapped. Last payday was February 24 and the next was due March 10. money expected tomorrow may cover salaries through March 19, with March 10 to tomorrow unpaid.
MENTIONED IN THIS ARTICLE
Elyria
Former Prussian Minister Karl Severing Arrested
Berlin bulletin reports Karl Severing former Prussian Minister of Interior and Socialist leader arrested as he entered the Reichstag. He is charged with misusing Prussian public funds for party purposes during his interior ministry tenure.
MENTIONED IN THIS ARTICLE
Berlin
Karl Severing
Reichstag
Severing
Ihe
Ohio House Committee Backs Auto License Tax Cut
The Ohio taxation committee voted in favor of a draft reduction in auto license prices. The panel approved model changes to lower the pre sale scales, aiming to ease the cost of motor vehicle registration for residents across the state.
MENTIONED IN THIS ARTICLE
Columbus
House of Representatives
Ohio
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Guardian Bank
Otnate OF
Owio
Butler
Ohio River
Ogni
Homer Cummings
Henry A. Wallace
Secretary of Agriculture
James A. Farley
William H. Woo-in
George H. Dern
John N. Garner
FRANKLIN _D. ROOSEVELT
Frances Perkins
Ta of
Labor
Harold Ickes
Interior
Roosevelt Cab
Cordell Hall
Claude A. Swanson
Secretary of Navy
Daniel S. Roper
Secretary of Commerce
The
Philippines
Hf Cummings
Thomas J. Walsh
Roogevelt Farm
Bill Pose
Britain
Lorain Boy
Ido
Warrensville
New Detroit
Bingham
O. K
Megorge