Reconstruction Finance Act expands national credit safeguards
The Recon struction Finance Corporation Act creates a powerful body with resources to bolster weak points in the credit banking and railway framework The administration expects smooth operation to help business and industry resume normal activity Germany gains another year of breathing room with short term credits around 1.5 billion dollars extended to 1933 Germany debt relief may aid investor sentiment and signal continued international trade and credit. A Carter Glass banking bill proposes a depositor liquidation corporation to hasten bank payouts similar to insolvency measures. Oversubscription of a 100 million NYC bond issue pleases markets while proceeds stay with banks acting as depositories. Salvador unrest poses risk to foreign investments though American life and property remain safeguarded. US investments in Salvador total about 42.35 million with 12.88 million in portfolio bonds and 29.47 million in direct investments.
MENTIONED IN THIS ARTICLE
Reconstruction Finance Corporation Act
Germany
United States
Salvador
O. Henry
Japan alleges possible action if Chinese reply unsatisfactory
The Japanese consulate said negotiations may be disrupted and action taken if China does not meet Japanese demands. Japanese Consul General Murai planned to visit Shanghai Mayor Wu Teh-Chen at noon as tensions rise over China's boycott and foreign interests. A showdown is expected within 24 hours in Shanghai amid panic and high stakes for foreign powers.
MENTIONED IN THIS ARTICLE
Shanghai
Murai
Wu Teh-Chen
United Press
Japan
United States
China
Jealousy Motive Hinted In Slain Insurance Agent Case
John Halvorson a 32 year old insurance salesman was found murdered in his parked car near a Salt Lake City railroad viaduct. Police suspect jealousy over a woman sparked the attack and expect an arrest soon. Halvorson had told friends he had a new sweetheart in the neighborhood. A blood trail from a nearby street led to the car indicating he was attacked in a house nearby and carried to the vehicle.
MENTIONED IN THIS ARTICLE
Salt Lake City
John Halvorson
Halvorson
Montana Weather Forecast with Snow Probables
Partly cloudy Monday and Tuesday across Montana with likely snow in the northwest. Warmer readings expected in the extreme west on Monday.
MENTIONED IN THIS ARTICLE
Montana
Honolulu Police Hold Jobs on Probation Order
Honolulu news reports the police commission ordering a one year probationary pay period for all officers starting February 1 as the new body takes office. Attys for Mrs Massie Lt Massie and two enlisted sailors move to dismiss a murder charge tied to Joseph Kahahawaii's death amid grand jury delay claims. The commission named Frederick D Lowrey as chairman following a special legislative session.
MENTIONED IN THIS ARTICLE
Honolulu
Granville Fortescue
Thomas Massie
A. O. Jones
E. J. Lord
Joseph Kahahawaii
Massie
Frederick D. Lowrey
Democrats Launch National Campaign Fund Drive
Silver Bow county prepares to open a nationwide campaign finance effort backed by the Victory committee and Democratic party chairs. The plan seeks small contributions from the common man to support a 1932 national administration free of special interests.
MENTIONED IN THIS ARTICLE
Archie McTaggart
Democratic Victory Campaign Committee
Silver Bow County
Silver Bow
New
Finlen
T. J. B. Shanley
Atlantic
Pacific
Indian Nationalists Hold Firm Despite Punishments
In Bombay and across India Gandhi's followers defy jail terms with continued non violent acts. Women picket outside stores urging boycott of British goods while contraband salt, bank and mint picketing persist leading to arrests and continued police responses.
MENTIONED IN THIS ARTICLE
Bombay
India
Mahatma Gandhi
Dartmoor Prison Riot Leaves Hundreds Injured
At Dartmoor prison in Devon on January 24 convicts rioted after porridge dispute, clashing with guards and police in an all day outbreak. Two inmates were killed, 95 wounded, twelve staff injured, and an escape attempt occurred as buildings burned. Governor H. N. Roberts and Commissioner Col. Turner faced threats.
MENTIONED IN THIS ARTICLE
Alvin Hallman
Dartmoor
Devon
England
Grim Dartmoor
N. Roberts
Col. Turner
Old-Time Butte Sportsman Flynn Dies
W. J. Doc Flynn a famed Butte athlete and former holder of world amateur swimming wrestling and boxing titles with the Olympic Club of San Francisco died yesterday after a lingering illness in a local hospital. Born in Kentucky 64 years ago he came to Butte in 1898 and for years ran a boxing school for local youths later serving as a watchman at the Orphan Girl mine. Continued on Page 2 Col 2.
MENTIONED IN THIS ARTICLE
W. J
Doc) Flynn
Olympic Club
San Francisco
Butte
Flynn
Kentucky
Orphan Girl Mine
Hoover pushes bank depositor relief bill amid fast R F C setup
President Hoover advances the emergency economic program aiming to aid depositors of closed banks. A White House breakfast with Senator Watson and Representative Sneil set plans to accelerate payments. Two bills, including Senator Glass’s banking revision, move through Congress as the reconstruction finance corporation expands.
MENTIONED IN THIS ARTICLE
Francis M. Stephenson
Washington
Hoover
Reconstruction Finance Corporation
White House
Senator Watson
Indiana
Sneil
New York
Senator Glass
Man commits death by own action as police arrive case
Detroit January 24. A deserting husband shot himself at his home as officers prepared to arrest him in connection with the slaying of Mrs. Josephine Hudson, a divorced blonde found dead in a car near the Ford airport. David Shafer of Washtenaw County, whose car held Mrs. Hudson’s body, used the same gun to kill himself.
MENTIONED IN THIS ARTICLE
Detroit
Ford Airport
David Shafer
Washtenaw County
Josephine Hudson
Hard-Boiled Moose Defies Auto Traffic Near Elk Park
New York attorney Richard Rice said he hunted moose in Maine and Canada but found one in Montana. A belligerent bull moose halted a line of vehicles on the Elk Park highway near Butte, charging both directions and injuring two drivers with shattered glass. Traffic waited for over an hour as the animal stood between two cars, while Branson Stevenson and Rice approached to photograph the scene.
MENTIONED IN THIS ARTICLE
Maine
Canada
Montana
Richard Rice
New York
Elk Park
Butte
Mr. Rice
Branson Stevenson
Stevenson
Call
Bank Looting 15 Feared in El Salvador Crisis
Washington dispatch reports U S forces ready to land if needed as 115 marines accompany three American warships racing to El Salvador amid communist rioting. The Rochester flagship and destroyers Philip Wickes speed toward the west coast, with Canadian destroyers Skeena and Vancouver suspected in port at Acalutia.
MENTIONED IN THIS ARTICLE
Washington
el Salvador
Rochester
Arthur St. ©. Smith
Panama
Philip and
Wickes
Republic
Skeena
Vancouver
Acalutia
Atlantic
Charles Verden Dies On GoAaT Prominent Here
Charles E. Verden, longtime Butte business leader, died yesterday in San Francisco after a brief illness. He headed Verden Currie Produce, helped organize the Butte Credit Men's association, and later led the California Fruit Growers association. He was a Republican active in civic affairs. Funeral services will be held in San Francisco this week.
MENTIONED IN THIS ARTICLE
Charles E. Verden
Butte
San Francisco
Verden
Verden-Currie Produce Company
Butte Credit Men's Association
Idaho
California Fruit Growers’ Association
Verden Packing Company
Slaying Motive To Be Told In Judd Case Today
Winnie Ruth Judd sat nervously in a jail cell as jurors prepared to hear motive in the trunk murders of Hedwig Samuelson and Anne Le Roi. Prosecutor Lloyd J Andrews said motive would be unveiled tomorrow while she awaited the death decision from the 12 jurors in Maricopa County.
MENTIONED IN THIS ARTICLE
Phoenix
Ariz
Winnie Ruth Judd
Hedwig Samuelson
Anne le Roi
Maricopa County
Lloyd J. Andrews
Gun Girls in Chicago Are Latest Thing
Chicago dispatch reports a street robbery on Clark Street where two armed women, described as red headed and black headed, accosted an unnamed driver and demanded money. The account notes the driver refused and the assailants threatened violence.
MENTIONED IN THIS ARTICLE
Chicago
Clark Street
Sam Kino
Federal agents seize whisky during Anaconda raid at 125 West Iron
Prohibition agents raided a site described as a “justifying plant” at 125 West Iron street and seized more than 25 gallons of alleged whisky. Two men named Roland and Rodger Sylvain were arrested in Anaconda on charges of possession and transportation and held for arraignment today before a United States commissioner. Their large Cadillac was also confiscated.
MENTIONED IN THIS ARTICLE
West Iron Street
Anaconda
Roland
Rodger Sylvain
Sylvains
United States
Denver Baker Kidnap Victim Freed After Five Days
Benjamin P. Bower, baker and kidnapping victim, was dumped by his captors in West Denver after five days bound and blindfolded. He claimed two men demanded a $50,000 ransom but no payment has been made. He found by youths near the bakery and identified adhesive tape strips used to blind him. Police Chief Albert T. Clark led the sprawling manhunt.
MENTIONED IN THIS ARTICLE
Denver
Benjamin P. Bower
Bower
Akery
Firemen claim old rivals, Groperg, poor detectives
Butte firemen say detectives misdirected a smoke call from the city jail as Detective Jack Duggan smelled smoke and failed to relay it correctly. Three extra calls to Quartz street delayed the response before the fire crew arrived and found officers on duty.
MENTIONED IN THIS ARTICLE
Butte
Fire Department
Jack Duggan
Duggan
Quartz Street
Woolgrowers of Montana Open Meeting Today
Bozeman January 24 Special The Montana Wool growers association convenes for a three day session marking its growth from the 1883 Fort Benton meeting. The wool industry then faced a sparse sheep census and limited legislative interest amid Montana’s territorial era.
MENTIONED IN THIS ARTICLE
Woolgrowers OF
Montana
Bozeman
Montana Woolgrowers
Fort Benton
Montana Woolgrowers’ Association
Northern Pacific
Also Mentioned on This Page
Recs Kabic
Leanne
Carter Glass
Virginia
City of
New York City
Ohangha City
Russia
U. S
Weather Forecast
New Commission
Paul M. Warburg Warburg
Doc’ Flynn
Congress
Man
Clarence Chamberlin Chamberlin
Charles Verden
Goaat
Judd
Arizona
Albert T. Clark
Gopperg
Duan
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