Germany to suspend payments on Young and Dawes loans moratorium set
Berlin reports a general moratorium on credits to Germany linked to the 1931 bank crisis. Debtors will pay into a Reichsbank conversion fund, which will convert marks to foreign exchange when currency is available. A London meeting of debtors and creditors is planned for June 13 to seek relief and a possible new agreement.
MENTIONED IN THIS ARTICLE
Berlin
Young Dawes Plan Ploans
America
Hjalmar Schacht
Reischbank
Germany
Schacht
Reichssbank
Reichsbank
Debts and Debt Talks Dominate At World Conference
Secretary Hull rules out discussing war debts at the world economic conference arriving with the American delegation aboard the President Roosevelt. He says no discussion of Britain's payments or disarmament will occur at the meeting. London rumors shift to silver payments as cabinet meets to set policy. Washington notes Roosevelt meets with Britain's Ambassador Lindsay to determine U S stance on the debts.
MENTIONED IN THIS ARTICLE
Plymouth
Eng
Cordell Hull
President Roosevelt
Mr. Hull
Davis
Norman H. Davis
Geneva
Washington
London
Great Britain
America
United States
Roosevelt
Lindsay
Mussolini
League of Nations
Roosevelt son to establish Nevada home for divorce action
Los Angeles June 8. Mrs Franklin D Roosevelt said her son Elliott would establish residence in Nevada to allow his wife to seek divorce on incompatibility grounds. Elliott told a reporter he would depart for Reno while Mrs Roosevelt left for Washington after a brief Los Angeles visit.
MENTIONED IN THIS ARTICLE
Los Angeles
ElliOt
Nevada
Franklin D. Roosevelt
Washington, DC
Roosevelt
Nowise
Reno
Elliott
United Airport
Burbank
Elizabeth Dormer
William Donner
Phildelphia
Wiliam Donner Roosevelt
West Coast
Tucson
Ariz
C. R. Smith
Amon G. Carter
Fort Worth
Senate to probe Morgan partners income tax returns
The Senate empowered its committee to investigate J. P. Morgan and Company partners income tax returns and stock transactions affecting tax payments. The move follows Van Sweringen testimony on rail ventures and corporate devices used to evade taxes, with a $100,000 Costigan appropriation to extend the probe.
MENTIONED IN THIS ARTICLE
Washington
Senate
J. P. Morgan and Company
O. P. van Sweringen
Morgan
M. J. van Swerien
Fletcher
Steiner
GR. Ore
Costigan
Congress
Kuhn Loeb and Company
Dillon
van Sweringen
Ohioan
Ferdinand Pecora
J. P. Morgan
Joan W. Davis
Thomas
Lamont
President personally handles war debts question
The passage notes that this marks the first time he has approached the president directly, with the president taking personal charge of the war debts issue.
Heat and weather storms cause near sixty deaths nationwide
Blistering heat floods the nation with tornadoes hail and lightning. Nearly three score deaths are reported with drownings and heat prostration dominating the toll. Illinois Wisconsin Indiana and Ohio show the highest counts as crops face heat drought and wind damage across the southern states.
MENTIONED IN THIS ARTICLE
Kansas City
Rockies
Atlantic
Great Lakes
Illinois
Wisconsin
Indiana
New York
Ohio
Michigan
Pennsylvania
Macon and Bibb County Voters Reject Merger Plan
In Macon Georgia on June 8 the city and county voted down the merger proposal. Overall 2 635 votes opposed the plan to 1 891 in favor. Both city and county ballots rejected the measure, which would have unified government duties under one entity.
MENTIONED IN THIS ARTICLE
Macon
Bibb County
Mollison and Wife Crash in Take-off at Croydon
Capt James A Mollison and his famed wife suffered a crash at Croydon Airport at 5 50 am during a planned record attempt flight from England to New York and then Bagdad and back. No injuries were reported though the aircraft sustained serious damage. Engineers estimate repairs in about a week. The pair planned a 12 000 mile nonstop route and a first Croydon to New York hop.
MENTIONED IN THIS ARTICLE
Mollison
New York
Croydon
England
James A. Mollison
Bagdad
Robinson and Long Exchange Sarcasm in Duel Feud
Washington reports a fierce exchange between Senator Joe T. Robinson of Arkansas and Senator Huey P. Long of Louisiana. Robinson mocked Long’s threats to fight in Arkansas and invade Louisiana, while Long accused Baruch allies of influencing the Roosevelt administration and challenged Robinson to prove links to Baruch.
MENTIONED IN THIS ARTICLE
Washington
Joe T. Robinson
Arkansas
Huey P. Long
D. la
Robison
Louisiana
Long
Bernard M. Baruch
Roosevelt
Farm Administration and Budget Bureau
Baruch
New York
Hoover
Barkely
Robinson
Bernard “i. Baruch
Arkangeas
Powers push three nation pact to end Geneva arms stalemate
Paris reports a three power drive to unlock Geneva disarmament talks as US Britain and France seek security guarantees before further cuts. Japan objects to complete air bombing abolition without lifting aircraft carrier ban. Mussolini calls the pact a path to postwar reconstruction and League revitalization with U S cooperation.
MENTIONED IN THIS ARTICLE
Paris
Geneva
Japan
India
Rome
Great Britain
France
Maly
Germany
Benito Mussolini
League of Nations
Italy
Bandits Rob Bank in Chicago Seizing About $5,000
Seven masked bandits with sawed off shotguns invaded the Main State Bank in Chicago. They forced tellers and customers to the floor, collected about $17,000 from tellers cages, fired a shot in the air, and escaped in two automobiles. A shouts about politics followed as they fled.
MENTIONED IN THIS ARTICLE
Chicago
Elmer Asherman
Schmeling Baer Returns To Be Announced Tonight
Times Enterprise will announce by AP wire the blow by blow returns of the Schmeling Baer heavyweight bout tonight. A large local crowd is expected to hear results as experts cover the fight. Start time is scheduled between 8:30 and 8:00 p m eastern standard time.
MENTIONED IN THIS ARTICLE
Times-Enterprise
Associated Press
Time Enterprise
Talmadge Rejects Arbitration Plan In Highway Dispute
Atlanta authorities report Governor Talmadge rejects a Supreme Court arbitration proposal to settle budget disputes with the Georgia Department of Public Works. Highway Chairman Barnett warned of a paralyzed department and 1000+ unemployed, while prison officials sought use of highway camps for housing released prisoners.
MENTIONED IN THIS ARTICLE
Atlanta
Supreme Court
Talmadge
J. W. Barnett
Highway Board
Highway Department
Barnett
Supreme Court of Georgia
Georgia
Wilhoit
Highway Commission
Larnett Today
E. L. Rainey
State Prison Commission
Commission
State Highway Department
Dalrymple Opposes Repeal but Backs Wine Liberalization
Washington reports Major A V Dalrymple prohibition administrator told the House Ways and Means committee he remains unalterably opposed to repealing the 18th amendment but supports liberalizing wine laws. He endorsed the Lea bill to legalize wines 11 to 12 percent alcohol by volume with a 20 cent per gallon tax, arguing it would aid enforcement and revenues.
MENTIONED IN THIS ARTICLE
Washington
Major A. V. Dalryymple
Prohibition
House
Ways and Means Committee
Treasury
Dalrymple
Lea
McCormack
D. Mass
Mattern Far Behind World Flight Speed Record
New York reports Jimmie Mattern is 127 hours from New York and far behind the Post Gatty world girdling record. He landed near Belovo Siberia after a fuel line leak caused fumes and illness, planning to proceed to Krasnoyarsk for repairs before resuming toward Alaska.
MENTIONED IN THIS ARTICLE
Mattern
Post and Gatty
New York
Jimmie Mattern
Wiley Post
Harold Gatty
Post
Gatty
Khabarovsk
Siberia
Post-Gatty
Belovo
Alaska
Moscow
Prokopievsk
Associated Press
The
Texas
Omsk
Krasnoyarsk
Increased Japanese purchases of American cotton seen
Osaka Japan June The Japan Cotton Spinners Federation may buy more American raw cotton after its emergency committee decided to source raw cotton from British India in retaliation for India's 50 percent duty rise on non British cotton cloths. The Indian move reflects currency depreciation and pressure from Japanese competition.
MENTIONED IN THIS ARTICLE
Osaka
Japan
Japan Cotton Spriners Federation
India
Weather Outlook by Regions Tonight and Friday
South Carolina generally fair tonight and Friday. Georgia partly cloudy with possible local thundershowers in the south portion tonight and Friday. Florida local thundershowers tonight and Friday. Alabama partly cloudy probably thundershowers on the coast. Northwest Florida partly cloudy probably thunder showers tonight and Friday.
MENTIONED IN THIS ARTICLE
South Carolina
Florida
Alabama
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Dr. Schacht
Elliott Roosevelt
Morgan Partners
van Sweringens
O. P
M. J. van Sweringen
Morgan Bank
Bloomington
Paducah, Ky
Lackawanna
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Batavia
Harold Seiler
Madison
Wis
Kansas
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So Nee
State Au
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Tifton
Jas. A. Mollison
Hnd
N. Y
Daladier
Hattie Caraway
TIMES
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Schmeling-Baer
Prohi
Jimmy Mattern
Thomanville and Vicinity