Roosevelt Awaits Declaration on Currency Stabilization
London dispatch reports deadlock at the World Economic Conference over currency policy. Hull and Moley urged President Roosevelt to join Britain and continental allies in halting currency fluctuations and stabilizing the dollar, with New York Fed ready to curb speculative activity. Britain noted Roosevelt’s favorable reply to American aid for erratic dollar fluctuations.
MENTIONED IN THIS ARTICLE
Bulletin
London
Washington
Federal Reserve Bank of New York
Roosevelt
Great Britain
Hull
Jary
Moley
America
Europe
Ts Optimintio Finance
Bonnet
France
Belgium
Holland
Switzerland
Italy
United States
Indictments for Fraud in Bank Closure in Washington
Federal court unsealed indictments charging former bank officials Paul Patrick and William Clapp and former cashier L A Nixon of the closed First National Bank of Ephrata with irregularities and fraud. Bonds of 2300 dollars were posted by Patrick and Clapp, with Nixon reportedly at large in Alaska.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Paul Patrick
William Clapp
L. A. Nixon
First National Bank of
Wars on Smugglers
Santiago dispatch reports rising smuggling activity directed from Argentina into Chile. Authorities note intensified crossings and intensified patrols as trade and illicit movement challenge security measures along the border.
MENTIONED IN THIS ARTICLE
Santiago
Chile
Florida
Todine
Argentina
Hooper Seeks Unlimited Alaska Tourist Stopovers
John A. Hooper, president of affiliated tourist societies, states tourism in Alaska will rise with unlimited stopovers by steamship lines. He outlines plans to build sustained tourist traffic, meet local groups, and urge cheaper rates for May to June and September periods to attract summer visitors. Hooper and Mrs. Hooper are on a world tour and will speak in Juneau to boost local interest and collaboration.
MENTIONED IN THIS ARTICLE
Alaska
John A. Hooper
Empire Today
Hooper
Chamber of Commerce
Juneau
Deposits protections under banking bill discussed
Washington reports note that Glass Steagall would cover territorial Alaska banks under temporary and permanent deposit guarantees. The plan protects deposits up to 2500 dollars and portioned higher sums, with full coverage to follow. Delegate Dimond queries bank counsel about interpretations and pushes for action in the next regular session.
MENTIONED IN THIS ARTICLE
Washington
Dimond
Federal Reserve Board
Alaska
Growth hopes cited by Canadian official and new health deputy
George A. MacNichol of Canadian National Railways sees only modest summer gains over 1932 for northwest travel but anticipates a 1934 uptick as Pacific Coast visitors and Alaska traffic revive. Gov. Troy announces Dr. A D Haverstock of Seward named Deputy Territorial Commissioner of Wealth for the Third Division, effective upon qualification.
MENTIONED IN THIS ARTICLE
Minchol
DR. Haverstock
Troy Travel
Northwest
Alaska
British Columbia
George A. MacNichol
Canadian Nation Railways
Juneau
Prince Rupert
Skagway
Gov. Troy
Mc' Nichol
Chisago
del Gates
Pacific Coast
Vancouver
A. D. Haverstock
Seward
Territorial
John W. Troy
Health Department
Anchorage
Soviet Russia and Britain fail to reach prewar accord
London June 30 The meeting between Maxim Litvin of Soviet Russia and British Foreign Secretary Sir John Simon failed to produce a prepared agreement. The dispute centers on the conviction in Moscow that British engineers were involved in the conflict, fueling trade tensions and ongoing controversy.
MENTIONED IN THIS ARTICLE
London
Maxim Litvin
Russia
John Lin
Grr
Britain
Moscow
Brit
Pollard calls special session on repeal and beer reform
Gov John G Pollard summoned the Virginia Assembly to convene August 10 to address beer legislation arrange a referendum on repealing the Eighteenth Amendment and to consider public works measures in Richmond.
MENTIONED IN THIS ARTICLE
Richmond
Virginia
John G. Pollard
Virginia Assembly
Good-Will Tour Return From Alaska Impresses Seattle
Seattle chamber leaders and goodwill excursionists returned home from Alaska pleased with the trip. The article notes a Grand Coulee dam proposal and a Washington payroll cut as the new fiscal year begins, aiming to trim thousands of jobs and spend about one billion dollars on regular running expenses.
MENTIONED IN THIS ARTICLE
Alaska
Seattle
Seattle Chamber of Commerce
Washington
United States
Stock Prices Make Advance Dull Trading
New York June 30. Markets weak despite currency uncertainties, with rails mining and select equities showing small gains. Closing prices list Alaska Juneau 21 1 2, American Can 90, General Motors 29, United States Steel 58, Union Pacific 117, Kennecott 20, Packard Motors 54, and wheat ranges for July to December.
MENTIONED IN THIS ARTICLE
New York
Delaware and Hudson
Union Pacific
New York Central
Pennsylvania
Santa Fe
Baltimore
Ohio
Alaska
Juneau
American Can
American Power and Light
Anaconda
Bendix Aviation
Armour B
Bethlehem Steel
Calumet and Hecla
Ward Baking
Radio Corporation
Fox Pilms
General Motors
International Harvester
Kennecott
Packard Motors
Standard Brands
Economic war warned if World Economic Conference fails
Boston June 30 United States Senator Joseph T. Robinson Democratic leader told Rotary International delegates that if the World Economic Conference ends in failure there will be an economic war that will become fiercer and more disastrous to international commerce than any prior period and may continue indefinitely.
MENTIONED IN THIS ARTICLE
Boston
Mass
United States
Joseph T. Robinson
Search party starts north for Mattern in Nome base
June 30 report says the air search for missing world solo flyer Jimmy Mattern departed for Nome Alaska headed west of Nome for a systematic sweep. Chief Pilot William Alexander announced the territory would be divided into squares for thorough scanning. Mattern last spoke after departing Khabarovsk June 14 aboard the large search plane now owned by Irving Freeman No 403 E.
MENTIONED IN THIS ARTICLE
New York
Jimmy Mattern
Nome
Alaska
William Alexander
Mattern
Khabarovsk
Siberia
Pangborn
Herndon
Pacific
Brooklyn
Irving Freeman
Alexander
Pred Petterman
Harold Pearson
Thomas Abbey
Lstter
Roosevelt Ends Vacation Aboard Indianapolis Cruiser
Secretary Swanson reports President Roosevelt and party have boarded the cruiser Indianapolis and begin return to the White House. Montana sheriffs note a rise in horse theft tied to higher prices and demand.
MENTIONED IN THIS ARTICLE
Washington
Swanson
Roosevelt
Indianapolis
White House
New Navy Policy Emphasizes Stronger Fleet for Defense
Washington June 30 the Navy Department released a new and rugged statement of naval policy to replace the 1931 London Arms Conference draft. It calls for a navy of sufficient strength to support national policies and commerce and to guard lives and property abroad while signaling longer term development. Navy officials say it guides future fighting forces and does not imply immediate action.
MENTIONED IN THIS ARTICLE
Washington
United States
Navy Department
Roosevelt
Navy
Destroyers to Make Summer Cruise to Alaskan Ports
Vice Admiral Reeves announced a summer fleet cruise sending five destroyers led by Squadron Leader Decater and Capt. Allen on a goodwill tour to Alaskan ports. The voyage runs July 17 to about August 7 with most of the destroyer force in Puget Sound ports during July.
MENTIONED IN THIS ARTICLE
San Pedro
Cal
Joseph M. Reeves
Decater
B. C. Allen
Alaskan
Puget Sound
Pan Ends Life On 100th Birthday In Hungary Village
Sandor Pan hanged himself on his 100th birthday in the village of Gerrely near Budapest after leaving a note expressing he was tired of life.
MENTIONED IN THIS ARTICLE
Budapest
Sandor Pan
Gerrely
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Hollywood
Avers Hooper
Indian School House
B. ¥. Grant
Wrangell
Post Office Department
Jean Grant
Horace M. Albright
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Kantishna
Congress
Tard Congress
Vincent Astor
Canadian National
Gov. Pollard
Good-Willers
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Homestake
Alaska Juneat
Mcintyre Porcupine
Dupont
Case
Sears
Deer
International Nickel
Alcohols
Chicago
Jason
William A. Moffett
Naval Air Service
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Arctic
Young Moffett
U. S. Navy
Argonne
Air Expedition
Asaka
Winnipeg
Edmonton
Whitehorse
Fairbanks
Yome
Helena
Mont
Montana
NATL
Northland
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