Retaliation in Kind Emerges Over New Tariff Law
The Hawley Smoot tariff act took effect and triggered in kind retaliation from Canada with higher duties on U S imports. Belgium and Spain weighed measures while Cuba France and Italy criticized the law. Washington results include new rate schedules and a fast tracked regulatory setup by the treasury and customs service.
MENTIONED IN THIS ARTICLE
Canada
Associated Press
United States
Havana
Mundo
Cuba
Paris Petit Bleu
France
Il Tevere
Rome
Washington
Customs Service
Treasury Department
Treasury
Alaska
Hawaii
Porto Rico
Virgin Islands
Hoover
Tariff Commission
Borah
Republican
Idaho
Cuban Paper Condemns Hawley Smoot Tariff Widening Gulf With U S
Havana June 18 El Mundo editorializes that signing the Hawley Smoot tariff ends Pan American influence on Cuba US relations. It declares the tariff will destroy longstanding friendship and brands the move Consumatum Est as a description of a painful blow to Cuban sugar and economy.
MENTIONED IN THIS ARTICLE
Havana
el Mundo
Cuba
United States
Canadian tariff hikes hit US imports across a dozen goods
Ottawa says higher duties take effect automatically under the May 1 budget countervailing scheme. The policy sets Canadian rates to match American levies on the same goods, with potatoes identified as notably affected as trade details continue on page four.
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Ottawa
United States
Twelve ships make cant in time at Ambrose Light
On June 18 twelve ships cleared customs before the tariff increase, saving importers hundreds of thousands in duties. The Olympic carried a $1,000,000 cargo and arrived before the limit, saving about $130,000 for freight aboard. Fog delayed other vessels, boosting expectations cargoes divert to South America. Sugar warehouses held a large stock, with raw sugar slipping to 3.27 a pound as prices weakened against tariff rise.
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New York
Olympic
Ambrose
South America
Insured Savings Explained to Bankers
In Denver on June 18 Edward A. Richards president of Hast New York Savings Bank outlined insured savings as bank group life insurance for customers buying on installment plans to protect investments. Wood Netherland president of the Federal Land Bank of St. Louis lauded the Federal Land Bank system as the greatest cooperative first farm mortgage institution in the world.
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Denver
Colo
American Institute of Banking Today
Edward A. Richards
New York Savings Bank of
Brooklyn
Federal Land Bank
Wood Netherland
Federal Land Bank of St. Louis
House of Commons Adjourns After Daylong Budget Wrangle
London June 18 after more than 21 hours of wrangling over the finance bill the house of commons adjourned at noon. The vote on the clause granting powers to special commissioners of income tax to inspect share holdings was 222 to 90. Winston Churchill and Philip Snowden clashed as Snowden defended the measure against Churchill’s criticisms.
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London
House of Commons
Philip Snowden
Winston Churchll
Snowden
Churchill
Byrd to be received as conquering hero by New York crowd
Rear Admiral Richard Byrd and expedition members return after sixteen months in Antarctica and will be welcomed by New York with a noon reception. A marine parade, thirteen gun salute from Governors Island, and a 3000-strong guard mark the tribute, with Governor Harry F. Byrd leading the first greetings aboard a Navy amphibian plane.
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Antarctic
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City of New York
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Admiral Byrd
Wall Street Ends Mixed After Heavy Selloff on June Market Day
New York reports a sharp morning selloff with trading near 8 million shares but a late round steadies some losses. Banking circles cite no big bid to support prices while brokers note large orders from powerful interests cushioning declines amid 17.5 million shares traded and final prices disclosed after a late ticker.
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New York
Stock Exchange
Highway projects announced for June 26 bids
State highway engineers released a list of contracts to be opened June 26 for about 85 miles of improvements. The plan includes paving between GainesVille and Baldwin, Swainsboro and Statesboro, and between Winder and Jefferson, plus limestone surfacing on the Valdosta-Waycross route and bridges near Athens-Watkins and Winder-Jefferson.
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Atlanta
Gainesvile
Baldwin
Habersham and
Hall Counties
Swainsboro
Statesboro
Bulloch County
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Lowndes County
Winder
Jefferson
Barrow
Jackson
Griffin
Zebulon
Pike Counties
Thomasville
Florida Line
Grady County
Austell
Cobb County
Athens
Watkins
Winder and
Morrow Wins Republican Senate Nomination in New Jersey
Ambassador Dwight W. Morrow outraises opponent by over 250000 votes to secure the GOP Senate nomination in New Jersey. Fort, Frelinghuysen and Kelly trail as Morrow carries dry rural districts amid early returns. he awaits full tally before commenting and faces wet Democrat Alexander Simpson next fall.
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Newark
N. J
Ambasador
Dwight Way
United: States
Morrow
John A. Kelly
Kelly
Franklin W. Fort
Joseph
Frelinghuysen
Alexander Simpson
Walter EK. Edge
Theliman Parkinson
Fort
Ambassador Morrow
Englewood
Herodotus
James K. Shields
Anti-Saloone League
Anti-Saloon League
Republican National Committee
Hoover
Marrow
Amherst
Calvin Coolidge
J. P. Morgan & Company
Mexico
Coolidge
Charles A. Lindbergh
New Jersey Senator Nomination Sparks Wet Debate
New York World reports Ambassador Morrow’s nomination for New Jersey Senate is seen as a tribute to his personal popularity rather than a shift in wet policy. Critics argue the choice signals a wet candidate, yet may not increase the overall wet vote.
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New York
Ambassador Morrow
New Jersey
New York World
Scott McBride
Anti-Saloon League
Morrow
Edge
Senate
Brock and Schlee set new coast to coast record crash landing
Jacksonville Fla June 18 Brock and Schlee completed a coast to coast flight from San Diego to Jacksonville in 16 hours 50 minutes. They overshot the field at landing damaging a wheel and tipping the monoplane onto a wing after a fuel stop at Tallulah Louisiana. The pair previously planned a 30 hour round trip and had not been sighted since leaving San Diego yesterday.
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Jacksonville
Fla
Louisiana
William S. Brock
Edward E. Schlee
Jacksonville Municipal
San Diego
Calif
Tallulah
Thomasville
Jacksonville Beach
Jimmy Doolittle
San Digeo
Brock
Schree
Atlantic
Pacific
Newfoundland
British Isles
Tokyo
San Diego aviators set new air speed record eastbound
William S. Brock and Edward I Schlee completed a 2112 mile flight from Jacksonville to San Diego in 13 hours 55 minutes 30 seconds, beating the 1922 Doolittle record by seven hours at an average speed of 165 mph. They refueled and prepared for the return leg toward Florida.
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San Diego
Calif
Jacksonville
Pla
William S. Brock
Edward I Schlee
Florida
James H. Doolittle
el Paso
Texas
Arizona
Brock
Schlee
San Diego- Jacksonville
T. C. Macauley
Wirkkula's Widow May Get Government Money
Washington reports the House appropriations committee recommended paying $5,000 to the widow of Henry Wirkkula who was shot and killed by a customs inspector in Minnesota. Wirkkula was struck by Immet J. White who said he believed Wirkkula was a bootlegger. White was tried in Duluth federal court and acquitted of murder.
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Washington
Henry Wirkkula
Minnesota
House Claims Committee Today
Wirkkula
Immet J. White
Kirkkula
White
Duluth
Weather outlook by region including South Carolina and Florida
South Carolina shows partly cloudy skies tonight and Thursday with gentle to moderate southwest and west winds. Georgia expects partly cloudy skies tonight followed by showers in the extreme south with gentle southwest winds becoming variable. Florida forecasts showers tonight and Thursday with fresh south and southeast winds shifting to northeast in the northwest portion.
MENTIONED IN THIS ARTICLE
South Carolina
Florida
Cuckoo Birds Slow Down British Open Qualifier at Wallasey
AP relay from Hoylake describes the second British Open qualifying at Wallasey, noting 6,445 yards with many rises. Leo Diegel posted a 75 after a strong start, while Bobby Jones trailed by nine and Archie Compston led with 141 as top qualifiers battled the tricky, bird-filled course features.
Cotton Prices Down Since 1921 In U S Bulletin
Atlanta dispatch reports a U S Department of Agriculture bulletin showing cotton prices lower than any year since 1921. May and June saw declines with weak demand and ample foreign supplies. stocks in the U S reached 5.61 million bales and world visible supply rose 410000 bales above last year. Temperatures have been cooler than ideal for cotton growth.
MENTIONED IN THIS ARTICLE
Atlanta
Bureau of Agricultural Economics
United States Department of Agriculture
United States
Leaders pace British Open first round with Jones and Smith at 70
Bobby Jones and MacDonald Smith shared the lead after the opening British Open round with 70s. Jim Barnes shot 71 just behind, while Horton Smith posted 72 and others ranged to 74. The second round was set for tomorrow as the field progresses toward Friday’s deciding rounds.
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Cotton
Fred Robson
Norman Sutton
Tom Green
Archie Compston
Charles Whitcombe
Ada Mitchell
Percy Alliss
England
F. C. Stevens, Jr
Los Angeles
Auguste FE. Boyer
France
P. H. Rodgers
Bert Hodgson
W. G. Oke
A. J. Young
Tom Barber
A. Asherwood
TD. O. Jones
Len Holland
Cotton Ties Jones in British Open First Round Lead
Hoylake England June 18 Henry Cotton British professional shot 70 to tie American amateur Bobby Jones for the lead. Jones finished hours ahead of Cotton and his score stood against near 100 other rivals. Horton Smith, Don Moe, Leo Diegel 74 each. Jim Barnes 71. MacDonald Smith 70 but faltered late.
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Hoylake
Hongland
Bobby Jones
MacDonald Smith
United States
Henry Cotton
England
Golf Chapionship
Jones
Cotton
Horton Smith
Don Moe
Leo Diegel
George von Elm
Long Jim” Barnes
Smith
Mac Smith
Jones shoots 70 tops field in first British Open round
Bobby Jones fired a 70 to lead the British Open after the first round at Hoylake. The Atlantan, 31st to finish, faced nerves and a rocky start including a bunker mishap and missed birdie chances while the gallery of 2,600 watched his early pace.
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Hoylake
England
Bobby Jones
Jones
Bobby
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