Debate Over Central Economic Planning Reflects Modern Dilemmas
In a discussion on the industrial control bill economist Dr. Benjamin M. Anderson Jr. argues that central planning cannot effectively direct a nation’s economy. Walter Lippmann contends markets fail to coordinate supply and demand due to contracts and restrictions, highlighting modern rigidity in the economy. Continued on Page 6, Col. 4.
MENTIONED IN THIS ARTICLE
Congress
Benjamin M. Anderson Jr
Chase National Bank
Anderson
Dr. Anderson
Idaho Governor Signs 3.2 Percent Beer Law
Governor C Ben Ross signed two bills in Boise that legalize 3.2 percent beer in Idaho and establish regulation and taxation. Brewer licenses cost 300 yearly, wholesalers 100, retailers 1. localities may add 12.50. State tax set at 1.55 per 31 gallon barrel, or 5 cents per gallon. laws take effect immediately.
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Boise
Idaho
Ben Ross
Elks Hear National Convention Tour Officials
Butte Elks held a regular meeting as Mark Love and Ralph Jones, special representatives, spoke about a national convention of the order and the Chicago Century of Progress exposition. They arrived from Wallace Idaho and planned to depart after 6 PM, continuing their nationwide tour.
MENTIONED IN THIS ARTICLE
Butte
DRENCHING RAINS HIT MONTANA CITIES
Drenching rains soaked Great Falls and Glendive with up to 1.88 inches of moisture. Temperatures rose to the upper eighties and nineties statewide while some areas dried with crops suffering from firing. The Weather Bureau forecast more thundershowers, with a west wind and light hail reported in Great Falls and a dust storm in Billings. Continuous drought conditions persist across sections of Montana.
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Associated Press
Great Falls
Glendive
Montana
United States Weather Bureau
Lewistown
Glasgow
Miles City
Cut Bank
Billings
Head of Legion Lays Plans for the Coming Year
Earleensberger commander of the Silver Bow post of the American Legion named members to various committees to handle legion affairs for the coming year at Legion hall last night. Reports from Louis Buettner Jalmar Matson Otto Barker and Archie Coutts covered the drum corps house sick and funeral and relief and employment work. Visitor Ben C Foley district adjutant praised the Butte post for its handling of the recent district convention. Committees were named with the first member listed in each column.
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Earleensberger
Silver Bow
American Legion
Legion Hall
Louis Buettner
Drum Corps
Jalmar Matson
House
Otto Barker
Archie Coutts
Relief
Ben C. Foley
Anaconda
Railroads and unions agree on 10 percent wage cut
Washington June 21. Railroad executives and labor leaders sign a 10 percent wage reduction to last until June 30, 1934. In exchange, management withdraws demand for an additional 12.5 percent cut. Federal coordinator Joseph Eastman notes the agreement aligns with administration policy after two days of talks.
MENTIONED IN THIS ARTICLE
Washington
Joseph E. Eastman
Federal Railroad
Eastman
Conference Committee of Managers of the Railroads
Railway Labor Executive Association
Young Man Now Is Your Chance Says James Roosevelt
James Roosevelt, son of the president, urges youth to seize opportunity and steer the nation's future. He critiques old ways, notes legislative changes signaling a new trend, and emphasizes youth responsibility and ethical shifts.
MENTIONED IN THIS ARTICLE
James Roosevelt
Ethelda Bedford
Central Press
Boston
Roosevelt
City Budget Faces 50 Percent Cut Demand
The ways and means budget committee asks all city departments to reduce estimates by at least 50 percent. Last year's taxable value was 14 745 704, now 11 706 563.20, with expected delinquent list about 15 percent. This lowers income to 369 497.85, a 50 percent cut from last year. Levy set at 36.685 mills with funds allocated to general, streets, library, sinking funds, and other departments.
MENTIONED IN THIS ARTICLE
Ways and Means Committee
Budget Committee
Nations Reminded of Unpaid War Debts
Washington report notes two more defaulting nations Esthonia and Jugoslavia were sent notes identical to those given France last week. Estonia did not seek debt review while Yugoslavia did not request consideration this time.
MENTIONED IN THIS ARTICLE
Washington
United States
France
Esthonia
Jugoslavia
Street Oiling Bids Sought for Citywide Four Miles
City council calls for bids by 8 p m June 30 to oil approximately four miles across eight wards and Wyomin g Street from Mercury to Front. Work must finish by August 30 using road mix plant mix or penetration oiling. Helena officials and contractor George Jacobi attend.
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Wyoming Street
Mercury
Front
Hugh Quinn
Helena
George Jacobi
A. W. Smith
Tom Bogg
A. W. Coleman
Tate Affair Occupies Part of Roosevelt Time
Little Harbor New Hampshire June 21 President Roosevelt anchors schooner Amberjack 11 off wooded shores after a day of state business and vacation. He arrives from Gloucester with the Amberjack under sail, escorted by destroyers Ellis Bernadou and patrol boat Cuyahoga. He says he is feeling fine to reporters.
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Little Harbor
N. H
Roosevelt
New Hampshire
Portsmouth
Gloucester
Mass
Ellis
Bernadou
Cuyahoga
Fourteen States Vote for Prohibition Repeal Share 36 Percent
The United Press reports fourteen states representing 36 percent of the continental U.S. population have voted 3.8 to 1 in favor of repealing the prohibition amendment. Indiana and Iowa, once dry states, join twelve others considered wet, shifting stance as repeal gains momentum nationwide.
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U.S
The
United Press
New York
United States
Indiana
Iowa
Nazi drive consolidates power against rival parties
Berlin reports a new Nazi phase with nationwide raids on nationalist party HQs and the dissolution of the Steel Helmet Veterans' organization. The regime vows to purge marxist and communist elements and fuse all forces behind its program. Synchronizing youth and church support, Hitler strengthens control.
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Berlin
Alfred Hugenberg
Steel Helmet Veterans’ Organization
Rhineland
Reich
Hitler
The
Friedrich von Bodelschwingh
Germany
Full $100 000 ransom paid for Hamm release
Information from a reliable source said the entire $100000 ransom was paid to kidnappers for the release of William Hamm Jr., contradicting earlier statements that only part was paid. Negotiators kept serial numbers of old currency used. two South Dakota men were questioned in Mankato and released. Authorities pursued the suspected northern Minnesota hideout with no public progress cited.
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ST. Paul
Minn
William Hamm Jr
Theodore Hamm Brewing Company
Hamm
South Dakota
Mankato
Minnesota
Montana Betsy Weather: Unsettled Thundershowers Thursday
Montana forecast calls for cooler conditions on Thursday with scattered thundershowers and generally fair weather on Friday.
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Montana
Youngsters of Butte to Be Guests Today at Columbia Gardens
Butte youngsters will be guests at Columbia Gardens for the fourth Children’s day of the season. Cars of the Butte Electric Railway start at 9 a.m. from all branch lines and return trips run through 6 p.m. The outing is hosted by the street car company with children 14 and under invited to enjoy the grounds and playground at the Rocky Mountain resort.
MENTIONED IN THIS ARTICLE
Rockies
World economic conference in deadlock over dollar stability
News from London reports a clash between the gold bloc and other nations over dollar stabilization as talks stall. The US delegation failed to draft a policy statement and signals from Roosevelt are seen as nonnew. A permanent study commission is eyed as an immediate outcome while inflation and stabilization plans hinge on ongoing discussions. O. M. W. Sprague plans a return to Washington for White House and treasury talks.
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London
Gold Bloc
France
Italy
Belgium
Holland
Switzerland
U.P
United States
Roosevelt
O. M. W. Sprague
Washington
White House
Treasury
Third Forest Fire in Deer Lodge Area Extinguished
The third forest fire of the summer in the Deer Lodge forest area burned about an acre in Sawmill canyon near Nez Perce lake. Ranger Louis Simon and his crew contained the blaze within hours and returned by evening. A new national forest fire regulation makes throwing burning tobacco, matches, pipes or firecrackers on forest land punishable by jail or fine.
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Deer Lodge
Sawmill Canyon
Nez Perce Lake
Louis Simon
National Forest
Secretary of Agriculture
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