03 Mar 1934
Page 1
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Newspaper
The Montana Standard
Location
Butte, Montana, United States of America
Date
Mar 03, 1934
Page
1
President Roosevelt asked Congress for authority to negotiate reciprocal trade agreements with foreign nations for three years amid urgent effort to boost international commerce. Republican leaders oppose granting open ended power and want time limits and hearings on proposed pacts.
Butte Chamber of Commerce telegraphed President Roosevelt urging copper be used for the Fort Peck to Great Falls transmission line. The appeal warns aluminum would devastate Montana copper industry and jobs, urging copper bids due March 8 and stressing local employment aims.
The Butte Chamber of Commerce telegraphs President Roosevelt protesting possible use of aluminum instead of copper on a government project in Montana. The message notes copper industry collapse and hardship in copper cities while urging careful industry considerations.
Washington March 2 The administration will begin a new relief plan Monday in rural agricultural states to aid distressed tenant and farming households. Harry L Hopkins announced 1,040,000 civil works workers will be dropped in March, leaving 1,505,500 on payroll by March 30, with most retained workers in industrial cities.
Democrats broke from leaders and conducted a lengthy filibuster against the administration bill to back federal reserve currency with government bonds. The measure would extend the Fed banks authority for another year. amendments from Patman Brown and Busby were not contained. The house banking committee chair Steagall agreed to adjourn the bill until tomorrow.
Paris warns it will not yield soldiers or weapons unless Britain assists if Nazi forces advance to the Rhine. Britain sees Europe facing a severe disarmament crisis with limited progress from Eden's tour. the United States signals no new plan and waits for European states to settle their differences.
Montana expects generally fair conditions Saturday and Sunday with a cooler air mass on Saturday. Daytime highs and nighttime lows are not specified in the readable text.
About 50 operators from western Montana met at the Finlen hotel to form a temporary state organization with 11 western states to seek federal aid for mining. J C Kempvanee of the Gold Mining Association of America urged Roosevelt to set aside 100 million dollars to aid mine machinery purchases and related needs. The group plans to act as a unit as organized states join Alaska in the effort.
March weather on the Butte slope shifted between lion and lamb. The day showed only a 15 degree spread with a maximum of 45 and a minimum of 30. The barometer fell gradually as the weatherman forecast snow squalls and unsettled conditions.
Hack Simpson of Dillon won his 147 pound match in the A A U boxing tournament at the K C gym last night by default because his opponent Jack Whitey King was in the city jail awaiting return to McNeil Island federal penitentiary after an escape. King and partner John Scofield were arrested after a Wednesday night holdup at Elk Pharmacy. Scofield was captured with a loaded revolver on East Park street. King was found in a rooming house after returning from a gym workout. King hoped to be released long enough to fight. He had been in Butte about a week.
Defense begins presenting witnesses in the manslaughter case of John Kelly in Judge Frank L Riley's court. The July 12 crash on the Butte Meaderville highway killed Mrs Helen Rolando and injured her husband Fred and two children as a car veered into 101 Kemper Avenue. The defense argues a faulty braking mechanism caused an unavoidable accident.
The jury in Greenwood Mississippi debated the fate of Dr. Sara Ruth Dean, accused of the poison highball slaying of Dr. J Preston Kennedy, and recessed for the night after over two hours without a verdict.
Dozens gather as Montana PWA officials push speed for federal aid to build a Butte high school. Speakers urge action while opponents call for proper site vote and legality, noting Feb 3 site election was invalid and April 7 vote needed.
The House military affairs committee is authorized to investigate profiteering in army contracts while the Senate banking committee reviews data on a rumored air mail plot. Air stock short selling surged after cancellat ion announcements as rumors of insider gains circulated on Capitol Hill. Grand jury probes and testimony by Harry Woodring frame the inquiry into bid practices and potential private leasing of War Department property.
The Twentieth Century Fund reports excessive speculation as the bane of security markets and the central regulatory issue. It argues unregulated speculation and manipulative interference distort exchanges, disrupt the economy, and prevent prices from reflecting intrinsic values. Continued details follow on Page 2.
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