Paris Signs Debt Suspension Pact To Aid Germany
An international accord delaying intergovernmental war debt payments until July 1, 1932, was signed in Paris after eleven days of negotiations. The pact defers reparations for Germany with repayments to start in 1933, aiming to revive global economic life and restore confidence between France and Germany.
MENTIONED IN THIS ARTICLE
Paris
Germany
Hoover
Ministry of the Interior
Young Plan
Bank of International Settlements
Laval
France
Melton
Edge
United States
World Bank
Pierre Flandin
President Hindenburg Thanks Hoover Over Moratorium Plan
In a cablegram from Neudeck Germany on July 7 President von Hindenburg expresses gratitude to President Hoover and the American people for the Hoover moratorium success. He hopes the Paris negotiations closing a year’s holiday will lead the world toward a new era of peaceful cooperation and trust.
MENTIONED IN THIS ARTICLE
Neudeck
Germany
von Hindenburg
United States
Hoover
Paris
Experts Start Technical Talks on Hoover Moratorium Details
Paris reports financial experts will meet in London next week to settle remaining technical aspects of the Hoover moratorium. The British premier’s office announced the invitation to representatives of involved nations, with France signaling understanding of the plan.
MENTIONED IN THIS ARTICLE
Paris
London
Laval
Germany pledges full cooperation with Hoover plan
Berlin reports an official proclamation from the German government stating money released by the Hoover moratorium will be used for Germany’s economic recovery. It thanks the United States, urges global cooperation, and stresses rapid decisive action to lift world economies.
MENTIONED IN THIS ARTICLE
Berlin
Germany
United States
Associated Press
Paris
Hoover
Europe
Washington
France
London
Rome
State Department
New York
German Finance Minister Pledges Good Faith in Cooperation
Berlin reports Hermann Dietrich pledges Germany to work with other nations to settle technical points from the Franco American accord. He cites optimism on short term credits, urges strict economy, and hopes for renewed confidence and Franco German rapprochment through Hoover plan aims. He calls for restoration of reserves to aid industry and employment.
MENTIONED IN THIS ARTICLE
Berlin
Hermann Dietrich
Germany
France
Cme
Herr Dietrich
Hoover
Experts to Meet in London Next Week
Paris reports the Havas agency says the French government accepted the British proposal for a meeting of treasury experts in London next week. The outreach came through Lord Tyrrell, the British ambassador.
MENTIONED IN THIS ARTICLE
London
Paris
Havas
Lord Tyrrell
Treasury
Aged inventor gets long prison term for mail fraud
Clark W. Parker a Michigan born engineer and inventor and his son Wyman were sentenced in federal court to five years on each of 11 mail fraud counts and two years on a conspiracy count. The sentences run concurrently and each was fined 11000 dollars. They faced charges tied to the sale of Automotive Royalties Corporation stock.
MENTIONED IN THIS ARTICLE
New York
Clark W. Parker
Michigan
Wyman
Parkers
Automotive Royalties Corporation
Youth Confesses Shooting of Louisiana Merchant
Dawson W. Crowson an 18 year old farm boy confessed to police that he shot and killed Ira Castles a 60 year old merchant and then set fire to Castles store after Castles refused to lend him five dollars to buy candy for his sweetheart.
MENTIONED IN THIS ARTICLE
Monroe
Dawson W. Crowson
Ira Castles
Castles
Meeting to Include Financial Experts Only
The gathering will invite only financial experts and no government ministers. The exact date will be announced within 48 hours.
British Labor Government Defeated In Commons Vote
London July 7 Ramsey MacDonald government faced a 26 to 21 defeat in the standing committee of the house of commons over the consumers council bill conservatives denounced as undiluted socialism The government must decide whether to press ahead with passage of the measure creating a seven member council to investigate production distribution supply or price of commodities.
MENTIONED IN THIS ARTICLE
London
Ramsey MacDonald
House of Commons
Consumers Council
Council
Doherty denounces Kansas governor over gas rate case
Henry L. Doherty of Cities Service denounces Governor Woodring in Topeka over pressure to cut Kansas gas rates from 40 to 30 cents per 1000 cubic feet. He accuses the governor of hostile banking actions and calls for Star involvement to curb the issue. Woodring and the Star declined comment as court orders delay the banking department action.
MENTIONED IN THIS ARTICLE
Topeka
Kas
Henry L. Doherty
New York Utilities
Cities Service Company
Kansas
Harry Woodring
Doherty
Cities Service Co
Kansas City Star
Kansas Banking Department
Cities Service
Woodring
Brown
Robert P. Lamont
Naval stores factors seek federal aid through board
A Brunswick committee of naval stores factors in the south was formed to arrange a conference with the Federal Farm Board and secure federal help for the industry. After a five hour meeting, participants said the market was in crisis with most trading taking place outside the market. Members named to press for an immediate hearing included T. J. Aycock Jacksonville W. B. Gilligan Brunswick J. C. Nash Savannah J. D. Davis Albany and R. G. Newton Poplarville Miss.
MENTIONED IN THIS ARTICLE
Brunswick
Naval
South
Federal Farm Board
Federal Board
T. J. Aycock
Jacksonville
W. B. Gilligan
Official wine tasters of three nations sample 350 wines
London hosts a three nation panel Europe Australia and America at the Savoy Hotel to taste and judge rare ancient vintages and new entrants over a month. The event includes more than 50 kinds of wine with an 1810 Madeira among the notable rarities to be evaluated.
MENTIONED IN THIS ARTICLE
London
Europe
Australia
America
Savoy Hotel
Municipal expenses paid by city gas and electric plants
Chanute Kansas city officials announced there will be no city taxes for a second successive year. Municipal expenses are paid from the profits of the city owned and operated gas water and electric plants.
MENTIONED IN THIS ARTICLE
Chanute
Kans
Kansas gas rate case heads to court
Governor Woodring said negotiations with Henry L. Doherty over lower Kansas gas rates have ended and the dispute will be settled in court. He aimed to reduce city rates from 40 to 30 cents per thousand cubic feet, stressing relief for the state’s majority. The Kansas City Star urged focus on high gas costs rather than individual firms or figures.
MENTIONED IN THIS ARTICLE
Topeka
Kas
Harry H. Woodring
Henry L. Doherty
Kansas
Doherty
Kansas Banking Department
All Cities Service Company
Cities Service
Woodring
Kansas City Star
The
Star
Texas
Oklahoma
Kansas City
Valdosta Worker Hurt In Log Load Mishap
H C Sanders a Valdosta lumber yard employee was seriously injured today when a log he was helping to load broke loose and rolled over him.
MENTIONED IN THIS ARTICLE
Valdosta, Ga
H. C. Sanders
Valdosta
Weather Forecast for South Carolina Georgia and Florida
Fair tonight and Wednesday with local thundershowers Wednesday afternoon. North portions cooler Wednesday afternoon. Gentle westerly winds. Florida fair tonight and Wednesday with scattered thundershowers Wednesday afternoon. Gentle variable winds. Alabama and extreme northwest Florida partly cloudy tonight and Wednesday with possible coastal showers.
MENTIONED IN THIS ARTICLE
South Carolina
Georgia
Florida
Alabama
Columbus Girl Is Charged in Murder of Former Sweetheart
Mary Cone, 21, was charged with murder in Columbus Georgia after Preston Dudley, 23, her former sweetheart, was shot to death near the Cone home. Dudley was killed after an early morning car ride on July 2. the girl claimed self defense and offered no details. Her father Rev A J Cone said they had been sweethearts and recently ended the engagement amid concerns about Dudley’s drinking.
MENTIONED IN THIS ARTICLE
Columbus
Mary Cone
Preston Dudley
Dudley
Cone
A. J. Cone
Gambling Joints Reported in Augusta Georgia
A councilmanic committee in Augusta Georgia estimates about 300 gambling and liquor establishments operate locally and accuses some civil service commissioners and policemen of graft. It cites regular raids warnings and 15 to 20 percent of police personnel as unfit. Recommends abolishing the civil service act and creating a three member commission. Action on the report postponed to August 3.
MENTIONED IN THIS ARTICLE
Augusta
Civil Service Commission
Civil Service Act
G. E. W. Britt
Action in Fall case delayed till Thursday
Washington July 7 Justice Bailey of the District of Columbia Supreme Court postponed action in the Albert B Fall case until Thursday. Government counsel had sought immediate execution of Fall's sentence of one year in prison but the hearing was delayed for other cases. District Attorney Rover said a report on Fall's physical condition showed he could travel from El Paso to begin his term. Fall was convicted of taking a bribe from Edward L Doheny over a naval oil reserve lease during the Harding administration.
MENTIONED IN THIS ARTICLE
Washington
Justice Bailey
District of Columbia Supreme Court
Albert B. Fall
Bailey
Fall
Rover
el Paso
Edward L. Doheny
Harding
Former Pencho t Yacht Mary Pinchot Sold in Transit
The auxiliary yacht Mary Pinchot, formerly the Cutty Sark and once owned by Governor Pinchot of Pennsylvania, has been sold to Harvey Bissell of La Crescenta California. She was en route from Savannah Georgia to San Pedro California via the Panama Canal.
MENTIONED IN THIS ARTICLE
New York
Mary Pinchot
Pinchot
Pennsylvania
Harvey 8. Bissell
la Crescenta
California
Savannah
San Pedro
Panama Canal
Ancient auto to retrace first transcontinental trip
New York reports Dwight B. Huss, retired Detroit engineer, will drive the 1905 Old Scout runabout from New York to the Pacific coast. The one cylinder seven horsepower curved dash vehicle, steered by a stick, aims to repeat the 44 day Portland finish that won the first transcontinental motor race in history.
MENTIONED IN THIS ARTICLE
New York
Pacific Coast
Dwight B. Huss
Detroit
Old Scout
Huss
Portland
Oregon
Georgia Senators Urged to Cut Their Own Expenses
The Georgia Senate considers a resolution urging members to return ten percent of their pay to aid Governor Russell’s economy drive. Other measures include a January inauguration date for the governor and a ten day session plan, with debates on utilities bonds and tax rules.
MENTIONED IN THIS ARTICLE
Atlanta
Senate
Russell
C. M. McKenzie
Cordele
Ennis
Neill
Cochran
Thomas
Lanier
Lester
Lord
Jackson County
Stewart
Coffee
Purvis
Jefferson County
State Highway Department
Simmons
Decatur County
Georgia
Experts to Work Out Final Details on Hoover Moratorium
Paris negotiations begin for a conference of technical experts to implement President Hoover’s moratorium plan with Britain ready to join. Washington predicts a three month process to resolve hundreds of details including payments in goods, with about a thousand problems anticipated.
MENTIONED IN THIS ARTICLE
Washington
Hoover
Castle
State Department
Young Plan
United States
Mellon’s Paris Negotiations Test the Treasury Chief
Andrew W. Mellon, 76, leads complex talks in Paris for a world debt holiday while balancing late-night conferences with Britain and constant trans Atlantic calls. His calm, listening style earns Washington admiration as markets react to every report. He works past 6 pm, showing little sign of slowing.
MENTIONED IN THIS ARTICLE
Wm. L. Beale
Washington
Andrew W. Melton
Secretary of the Treasury
Paris
Melton
America
Meilon
Mellon
Treasury
Hoover plan allows debt pause for foreign nations
The moratorium would let debtor nations suspend payments to the United States from July 1, 1931, to July 1, 1932, totaling 246,600,048 dollars amid wartime and economic strain. Most payments would have fallen due December 15, 1932.
MENTIONED IN THIS ARTICLE
U.S. Wise
Hoover
Also Mentioned on This Page
President Hindenburg
Finance
Merchant
MacDonald
Loretta Young
Grant Withers
Los Angeles
Matter
Councilmanic Committee
Penchot
House
Hampton
Fannin
Superior Court
General Assembly
State Bar Association
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