Mitchell Acquitted in Tax Evasion Case on Wall Street
Charles E. Mitchell, former chairman of National City Bank, is found not guilty of income tax evasion after a trial in New York. He exits the federal building with tears and mixed emotion, acknowledging his chief counsel Max Steuer as crowds press nearby.
MENTIONED IN THIS ARTICLE
New York
Charles E. Mitchell
Flushing
Lower Broadway
Wall Street
Federal
National City Bank
National City Company
Mitchell
Max
Max D. Steuer
Steuer
Mitchell tax trial stalls after 10 hour jury deadlock
In New York on June 27 the jury in the Charles E. Mitchell income tax case failed to reach a verdict after 10 hours of deliberation. The former banker paced the corridor in federal court as prosecutors and defense argued over the charge that he willfully evaded $850,000 in taxes. The jurors recessed for the night at 9 30 after lingering in the courtroom.
MENTIONED IN THIS ARTICLE
New York
Charles E. Mitchell
Income tax probes target Kuhn Loeb firm in Senate inquiry
Senate investigators examine income tax returns of Kuhn Loeb and Co as the inquiry into the firm’s operations approaches. The hearing will cover financing links to Pennroad Corp and follow lines similar to the J. P. Morgan study with Pecora expected in Washington to map the investigation.
MENTIONED IN THIS ARTICLE
Washington
Senate
Kuhn, Loeb and Company
J. P. Morgan and Company
Kuhn
Loeb
Pennroad Corporation
Pennsylvania Railroad
Ferdinand Pecora
New York
Morgenthau Plans Cooperative Shift in Farm Credit Agencies
Washington reports broad changes in federal agricultural credit with Henry Morgenthau Jr. directing a move to a cooperative model. Four divisions including land banks and intermediate credit banks will merge into the Farm Credit Administration with new Bank for Cooperatives and Production Credit Corporation units.
MENTIONED IN THIS ARTICLE
Washington
Henry Morsenthau, Jr
Farm Credit Adminstration
Establishig
Arm
Federal Land Banks
Springfield
Massachusetts
Balimore
Columbia
South Carolina
Louisville
New Orleans
St. Louis
St. Paul
Omaha
Wichita
Kansas
Houson
Berkeley
California
Spokane
Bank For Cooperatives
Production Credit Corporation
Francis W. Peck
Operative Loan
Goss
Seattle
Land Bank
George M. Brennan
Atermediate Credit Bank
Renewed Sino-Jap Differences Seen in North China
Tientsin reports renewed Sino-Japanese friction in north China after a May 31 truce. Chinese military leaders accuse Japan of letting Manchukuo troops patrol the neutral zone south of the great wall, effectively giving Japan control. Sources say about 6,000 Manchukuo troops entered the district recently, with rail service east from Tientsin largely paralyzed.
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Tientsin
China
Great Wall
Connecticut
Peiping
Wall
Hitler Government Bans Socialist Party in Subversive Move
June 2244 Berlin reports the Hitler government declaring the socialist party subversive and interior minister Dr. Wilhelm Frick ordering a nationwide ban. The action marks a decisive move against political opposition in the regime.
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Hitler
Socialist Party
Berlin
Socialist ‘Party
Wilhelm Frick
Interior
Talmadge Decides on Possible Injunction Service stance
Atlanta dispatch reports Governor Eugene Talmadge weighing acceptance of federal injunction service if ordered to appear. He and aides, guarded at the capitol, held talks with advisors while withholding comment on action, as federal court proceedings over martial law and highway board dispute progress.
MENTIONED IN THIS ARTICLE
Talmadge
Atlanta
Eugene Talnadge
Fedral Courts
J.W. Barnett
W. C. Vereen
Highway Board
Capitol
Railroads Postpone New Wage Reductions to June 30 1934
Washington reports railroads and labor executives agreed to delay a proposed 12 percent wage cut until June 30 1934. Workers will keep the current schedule with a 10 percent reduction, while government and industry assess the recovery program impact. Eastman spearheaded the accord awaiting union ratification.
Roosevelt sails out to sea after visit with granddaughter
President Roosevelt sailed from Little Harbor aboard the Amberjack II for a Maine coast cruise. He recently met his 14 month old granddaughter Sara Delano Roosevelt aboard the vacation schooner as John Roosevelt and Franklin Jr plan to join the voyage to Campobello Island.
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Portsmouth
N. H
Roosevelt
Little Harbor
Portsmouth Harbor
Sara Delano Roosevelt
Maine
Portland
Portland Harbor
John
Franklin D., Jr
Campobello Island
N. B
James
Rye Beach
Here
New Scottsboro defendant Patterson granted new trial
Athens Alabama June 22 Judge Horton granted a new trial for Heywood Patterson one of nine Scottsboro defendants. The Morgan County case had death sentences after convictions for attacking Victoria Price aboard a Southern Railway freight train on March 25 1931. The judge cited insufficent corroboration and noted the prosecutrix testimony appeared improbable when contrasted with other evidence.
MENTIONED IN THIS ARTICLE
Athens
Alabama
Cpy
James E. Horton
Heywood Patterson
Scottsboro
Morgan County
Horton
Patterson
Victoria Price
Southern Railway
Law Delares
Public Works Program Rapidly Pushed Under Roosevelt
The Roosevelt public works board announced rapid progression of a 3.3 billion dollar construction program. Ickes will lead with Beneath as public works administrator. Colonel Sawyer moved headquarters to the interior department building as applications pour in. State administrators with advisory boards will screen local projects before federal approval in Washington.
MENTIONED IN THIS ARTICLE
Donald H. Sawyer
Interior Department
Public Works
Industrial Control Administration
Hugh S. Johnson
Roosevelt
Federal Board
Ickes
Washington
Wallace Cotton Plan Cooperation Meetings Start in Georgia
Athens Georgia June 22 Cy A Seriey of meetings toward organizing Georgia cooperation in the Wallace plan to boost cotton prices and cut acreage started in various sections of the state today. Foundations for a campaign to acquaint farmers with details of the program a 10 000 000 acre curtailment in which Georgia's allotment is 934 0 acres were laid at a meeting of agricultural and allied interests here yesterday. Director J Phil Campbell of the Georgia agricultural extension service met with various agencies and a pin was agreed upon whereby farmers will receive full details of the reduction plan at meetings beginning next Monday. Meanwhile meetings of agricultural leaders were planned today in Rome Atlanta Athens Thomson Lyon Douglas Perry Albany and Washington with discussion of the plan of dissemination of information about the plan to farmers in view. County agents home demonstration agents and others were asked to meet to cooperate. Trai of dissemination will continue through Saturday. weodore that the Georgia quota in the partial reduction program will come to that individual farmers cooperate will be called upon to reduce the acreage from 25 to 40 percent. Two optional plans have been proposed one is a schedule of payments with options on government held cotton at six cents a pound and the second provides for cash benefits without option calls. As the Georgia program began to take form advices from Washington said the agricultural adjustment administration had announced contracts were being mailed to cotton belt to be placed before farmers at once to permit them to decide for themselves if and to what extent they will participate in the reduction program. Treasury statement Washington June 22 C P Treasury receipts for June 20 were 15 931 126 13 expenditures 14 946 632 15 balance 1 007 142 898 41 Customs duties for twenty days of June were 15 124 543 74.
MENTIONED IN THIS ARTICLE
Washington
Joseph B. Eastman
Eastman
Railway Labor Executives’ Association
Athens
Georgas
Wallace
Georgia
J. Phil Campbell
Georgia Agricultural Extension Service
Rome
Atlanta
Thomson
Lyon
Douglas
Perry
Albany
Washinston
Agricultural Adjustment Administration
Search redoubled for fliers long overdue at Mexico
In Mexico City on June 22 civilian and governmental aviators intensified a search for two Spanish trans Atlantic fliers missing since leaving Havana. Reports said Lieut Collar was killed in a suspected crash on La Malinche mountain with his partner seriously hurt, though the Spanish ambassador denied the Tlaxcala crash.
MENTIONED IN THIS ARTICLE
Mexico
D. C
Havana
Rodriguez
Mariano Buarberan
EU Joaquin Collar
Tabasco
Villa Hermosa
Oaxaca
Cuerero
Department of Communications
Cuatro Vientos
la Malinche
Lieut
Collar
Julio Alvarez del Vayo
Tlaxcala
Harvard Honors Five Figures With Doctor of Laws
Harvard University awarded Alfred E. Smith former New York governor an honorary doctor of laws degree and conferred the same degree on Sir Ronald C. Lindsay and Andre Laboulaye ambassadors from Britain and France, Lewis W. Douglas director of the budget, and Wilbur L. Cross governor of Connecticut.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
Harvard University
Alfred E. Smith
New York
Ronald CC. Lindsay
Andre Laboulaye
Great Britain
France
Lewis W. Douglas
Wilbur L. Cross
Connecticut
Georgia May Become Leading Paper and Rayon Mfg State
Rome Ga June 22 Judge Ogden Persons Forsyth said Georgia could lead in paper and rayon manufacturing in an address to the Georgia Press Association. Principal speakers included Brown Tyler editor Fulton County Review and John G Herring editor Tifton Gazette. Shorter College hosted the annual meeting and reception.
MENTIONED IN THIS ARTICLE
Rome
Ogden Persons
Forsyth
Georgia
America
Georgia Press Association
Judge Persons
Brown Tyler
Fulton County Review
Hapeville
John G. Herring
Tifton Gazette
Hinge
Shorter College
Guaresses
Jo Jiernady
Cordele Adopts 3.2 Beer Sale Ordinance
Cordele Georgia voters and city commissioners move to permit 3.2 beer sales under a new municipal ordinance. Court action follows a petition drive by about 200 residents seeking the change.
MENTIONED IN THIS ARTICLE
Cordele
Corele
Georg
U S Moves To Remove Trade Barriers At World Conference
London dispatch reports Secretary of State Cordell Hull introduced a Roosevelt plan at the World Economic Conference urging removal of trade barriers. Delegates interpret the move as a stance against dollar stabilization before the plan, while gold bloc countries press for stabilization. Talks of adjournment fade as steering committee signals renewed hope for continued proceedings.
MENTIONED IN THIS ARTICLE
London
United States
Roosevelt
Cordell Hull
France
Hull
Economic Commission
Pdssibla
Stabilization Plan Not Timely Says U S
London June 22 the United States delegation to the world economic conference presents a statement from the American government. It says undue emphasis was placed on a plan for temporary currency stabilization and that measures now would be untimely.
MENTIONED IN THIS ARTICLE
London
United States
Treasuries
Great Britain
France
Oliver M. W. Sprague
United States Treasury
Washington
Cove Creek Dam First Project Of Tennessee Valley Development
TVA announces Cove Creek dam and reservoir as the first major project in Roosevelt era Muscle Shoals Tennessee Valley development program. Arthur Morgan, TVA chairman, disclosed the plan in Washington. The project marks the initial step in a broader regional development initiative.
MENTIONED IN THIS ARTICLE
Cove Creek
Tennessee Valley Development
Washington
Arthur Morgan
The
Tennessee Valley Authority
Roosevelt
Weather Forecast for Southeastern States
The bulletin reports South Carolina partly cloudy with local showers and thunderstorms in west and north tonight and Friday. Georgia expects local showers and thunderstorms tonight and Friday. Florida shows showers possibly thunderstorms tonight and Friday. Alabama is partly cloudy to cloudy with local thunder showers in the south tonight and Friday. Extreme Northwest Florida remains mostly cloudy with probable local thundershowers tonight and Friday.
MENTIONED IN THIS ARTICLE
South Carolina
Georgia
Florida
Alabama
South
Northwest
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Peggy
Barnstable
Kenneth
Cyril Buck
Associated Press
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Lindley Camp
Taxpayers’ League
E. Marvin Underwood
Highway Department
FE. Marvin Underwood
Nisi
Jud P. Wilhoit
Wilhoit
E. N. Parker
Clem Wright
C. G. Clayton
Barnett
Michel Graham Mc tcRee
Om Linder
R. G. Tugwell
J. W. Barnett
Jeane Groveip
Trewell
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Kansas City Grain Ain
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Atlanta Journal
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Kage
Tor