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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Sep 21, 1933
Page
6
Washington reports debate over price control within the national recovery program. NRA officials say the retail code regulates prices but does not fix them rigidly. The code bars below minimum pricing, a 10 percent markup, with exceptions for perishable, damaged, discontinued, liquidated, and charitable merchandise.
An advertisement testimonial from Mrs. Margarete Brinkle of Buffalo claiming a 50 pound fat loss in five months after starting Kruschen Salts. The copy touts daily half teaspoon doses, improved appearance and health, and a money back guarantee via Phillips Drug Store.
A school led by Dr Alexander Sachs argues against price fixing except in limited cases. It calls for state socialism only when necessary to conserve natural resources, prevent peasant hardship in farm products, or avert sweatshop conditions by regulating prices and wages.
New York police and federal agents rounded up seven suspects in a wide operation linked to five murders four bank robberies and a major kidnapping. The detainees include Anthony Reino Phil Zeigler Charles Herzog Leonard Scarnisci and Fred Prentel, with two men charged with homicide. An associate of the Albany O Connell family failed to identify the kidnappers who held John J O’Connell Jr for 21 days and $40 000 in ransom. The raids across New York and Mount Kisco yielded machine guns and shotguns and aimed to disrupt a plot involving a famous criminal lawyer.
Washington reports Henry Morgenthau Jr chosen as special commissioner to negotiate trade agreements with the Soviet. The move signals a possible resumption of diplomatic relations after Roosevelt’s election, with RFC credits aiding Russia, and ties to Amtorg noted as talks continue. A second item mentions a planned Peoria distillery project under Hiram Walker & Sons.
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