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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 04, 1937
Page
13
The narrative recounts a dramatic 19th and early 20th century seizure of gold coins by the Secret Service. Henry Angstadt, a veteran dealer, aided by a bold warrant, faces questions over legality as agents recovered coins dating from 1859 to 1907. The piece paints a melodramatic chase and the political stakes surrounding the coins and enforcement.
In a library twist Norman Standish reveals he is Lola Larkins father and a widower, while Lola explains her stage name and filial ties. Martha Carter learns she is to be estate executrix after Judge Lovell’s backing, as Lola and Winfield plan a double wedding and return to England for a grand ceremony.
Authorities pursued a 1938 charge citing violation of the Gold Reserve Act of 1934 for possessing nineteenth century coins with a face value near $100. The case centers on the handling and legality of the coin collection under federal law.
The passage argues that Congress designed the Gold Standard Act to prevent bank runs and a national panic when the United States left the gold standard. It asserts the act aimed to curb early movers who hoarded gold or dollars and includes note that old coins of collectors value were specifically mentioned in the context.
Local church listings show services across Oberlin with multiple denominations. Notable entries include CHRIST'S TEMPLE on Princeton Avenue led by Dr J L Urich with 10:30 A M chief Sunday service, and Princeton Avenue parsonage contact. Congregational, United Presbyterian, First Baptist and many others list Sunday School times, morning worship, and midweek meetings. Several churches provide Hungarian, German, and English services, with Holy Days and catechism classes noted.
The piece critiques a 1930s enforcement action where coins, seized two years prior, are used to indict a citizen for hoarding. It condemns the prosecution as persecution by Treasury, Attorney General, and Secret Service collaboration, labeling the action as abusive and comparing it to totalitarian police states. It ends noting Osaka becoming the largest Orient manufacturing center.
Lorain County residents are urged to attend the National Dairy Show in Columbus from October 9 to 16 announced by C I Hummel county agricultural extension agent. Two hundred tickets have been sent to Humme ls office for advance sale at half the gate price. Highlights include a display of 1 000 000 dollars of livestock 1 000 prize cattle 400 Percheron horses state champion horse pulling teams national intercollegiate livestock judging contests 500 Four H boys and girls from 40 states dairy and food projects and a night horse show each evening.
Lorain County agricultural extension agent Hummel is among a small group chosen to assist at the Ohio Four-H Club Congress held in Columbus from September 12 to 16, announced today.
United Press report from Moscow outlines Soviet wealth and privilege limits. It cites limited inheritance of money or property, rising living standards but not equal to Western levels, and a wide pay gap due to piece work. It notes officials enjoy privileges, housing shortages persist, and citizens may own homes and goods but cannot profit by others’ labor.
Elyria YMCA signals a closing summer season with expiring memberships and ending activities. September will be quiet, while October heralds a large fall and winter program, announced by secretary Harlie G. Stevick and physical director Carl Wagner.
Regular leadership outlines a large program for the coming week with plans for building improvements and expanded offerings. Stevick and Wagner indicate a fall schedule will include about twice as many activities as prior years, with pool use by women and girls noted alongside boys and men. Also to be highlighted are Camp Ise See Kes programs and the vermilion river YMCA camp. An October campaign is noted as part of fall and winter plans. In a separate note, Henry Joseph Holmes was sentenced to a month of hard labor in Dublin for assaulting fellow boarder William Shakespeare.
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