Unusual $190000 Loan Highlighted in Senate Hearing
The senate committee heard of a $190000 cash loan to John Ramsey, head of the port of New York Authority, from National City Company funds amid underwriting of $66 million in port bonds. Edward F. Barrett of National City Bank described arranging the loan through H C Sylvester Jr. Ramsey disputes and says he believed it came from the bank. none of the principal or interest has been repaid.
MENTIONED IN THIS ARTICLE
Washington
Senate
Stock Exchange
John Ramsey
Port of New York Authority
National City Company
National City Bank
Port Authority
Brookhart
Iowa
Ramsey
Barrett
H. C. Sylvester, Jr
City Company
Ramusey
Ramsay
Senate Accepts House Amendments on Smith Cotton Bill
Washington reports the Senate accepted House amendments to the Smith cotton pool acreage reduction bill and sent it to the White House. The measure, backed by Senator Smith, would let planters reduce 1933 acreage to join a government pool funded by Reconstruction Finance and administered by a six person board. Farmers cutting output by 30 percent gain an option on a pool share. Hoovers signature seemed doubtful.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
White House
Hoover
Smith
S. G
Red Cross
Agriculture Department
Reconstruction Corporation
U S Agriculture Dept to Continue Fight on Phoney Peach Disease
The U S Department of Agriculture will sustain its battle against the phoney peach disease as interstate tree quarantines are lifted in 13 states. Dr Karl F Kellerman says the effort shifts but continues with growers and state agencies. The disease remains concentrated in Georgia and Alabama with widespread losses, and eradication is the only known control.
MENTIONED IN THIS ARTICLE
Washington
United States Department of Agriculture
To Department
Karl F Kellerman
Bureau of Plant Industry
Georgia
Alabama
Mississini
Texas
Arkansas
Louisiana
Tennessee
North Carolina
South Carolina
Florida
Ilinois
Oklahoma
Missouri
Department Of’eericulture
United States Peach Disease Field Laboratory
Fort Valley
Lee M. Hutchins
Bank loan cash transfer tied to Ramsey syndicate bid
Testimony shows a $10,000 cash draw from the company given to Edward F. Barrett of National City Bank who funded a loan to Ramsey. The amount appeared on company books as expenses for bond syndicate acquisition and the witness said such a transaction had no prior on-book explanation. He claimed he received Ramsey’s information but denied it being price data.
MENTIONED IN THIS ARTICLE
Edward F. Barrett
National City Bank
Ramsey
Sylvester
Roosevelt Meets Woodin for Afternoon Conference
Hyde Park N Y March 1 President elect Roosevelt invited William H Woodin to a conference at his New York City home to discuss the domestic financial situation. Roosevelt plans a family departure for Washington tomorrow and also invites Jesse J Straus for talks on ambassadorship. The draft inaugural address was completed but not finalized and will be released Saturday morning.
MENTIONED IN THIS ARTICLE
Hyde Park
N. Y
Roosevelt
William H. Woodin
New York
Washington
Jesse J. Straus
Straus
R Roosevelt
Abraham Lincoln
New Cabinet Members Gather in Washington
The article outlines the looming debt crisis facing a new Roosevelt administration. It notes demands from railroads banks and farmers plus aid needs for the jobless cities and states. It predicts relief from mortgages farm prices unemployment legislation and funds to stabilize finances.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Senate orders mail contract awarding delayed at present
Washington March 1. The senate adopted the Black resolution directing the postmaster general to postpone awarding an ocean mail contract to the Philadelphia Mail Steamship Company pending an investigation.
MENTIONED IN THIS ARTICLE
Senate
Washington
Postmaster General
Philadelphia Mail Steamship Company
Merger of Savannah and Chatham County Proposed in Bill
A bill to merge the city of Savannah and Chatham County was introduced in the Georgia House. The Chatham delegation noted they reserve the right to oppose passage and a hearing was scheduled before the house judiciary committee next Tuesday for those in favor or opposed to appear.
MENTIONED IN THIS ARTICLE
Atlanta
Savannah
Chatham County
House
Myrick
Alexander
Kennedy
Chatham
House Committee On General Judiciary
Clean bill given New York boxing commission on boxer death
Gov Thor Lehman announced the New York State Boxing Commission gave a clean bill of health regarding the death of boxer Ernie Khaaf after a February 10 bout with Primo Camera at Madison Square Garden. He said the matter is closed as far as he is concerned.
MENTIONED IN THIS ARTICLE
Albany
N. Y
Maren I
Thor Lehman
Ernie Khaaf
Privo
Madison Square Gard
Tennessee House votes 50 percent cut in auto license fees
Nashville March 1 The Tennessee House passed a bill 96 to 0 reducing automobile license fees by half with a refund provision for those who already paid 1933 tags. The measure advances to the Senate.
MENTIONED IN THIS ARTICLE
Tenn
Narhville
Tennessee
Senate
Business Visitors Reported In City
Mr H H Riley of Atlanta and Mr W & Timson of Jacksonville were among business visitors registered at a local hotel yesterday. Mr J L Vaught of Atlanta and Mr C Fowler of Perry were also noted visitors, with Mr H M Posten of Jacksonville transacting business in the city. Gulf Gasoline, Goodwin and Collins advertise auto services at Clay and Madison streets.
MENTIONED IN THIS ARTICLE
H. H. Riley
Atlanta
W. &. Timson
Jacksonville
Gulf Gasoline
Goodwin & Collins
Cor. Clay and
Madison Sts
J. L. Vaught
Mr. C. Fowler
Perry
H. M. Posten
First Attempt at Diversion Highway Funds is Defeated
Georgia House defeated a plan to divert 17 percent of highway funds to pay debts from 1928 1929 and 1930 by a 71 to 57 vote. The measure aimed to fund debts while other budget actions progressed, with debate on tax reform and school appropriations ongoing.
MENTIONED IN THIS ARTICLE
Francis Carpenter
Associated Press
Atlanta
House
Georgia House
Committée
Park of Bibb
Franklin
Lowndes
General Appropriations
Highway Department
Senate
Commissioner of Agriculture
G. C. Adams
Sisk
J. W. Rountree
Adanfis
Rountree
Adams
Park
Uiet
Georgia
Ed Rivers
Committee of the Whole
Comptroller General
Budget Bureau
Bureau
Department of Forestry and Geology
Savannah
Johnson
Bartow and
Johnston
Upson
Terrell
LaGrange
Culpepper
Western and Atlantic
Yentral Treasury
Senate Finance Committee
Walsh Signals Prosecution Promise Against Bank Officials
Senator Thomas J. Walsh said he may prosecute officials of National City Bank and National City Company of New York after senate stock investigation review. He spoke during a trip with his Cuban bride and stressed firm federal enforcement of liquor laws unless Congress cuts funding.
MENTIONED IN THIS ARTICLE
Daytona Beach
Senate
National City Bank
National City Company of New York
Thomas J. Walsh
Roosevelt
Washington
Senora Mina Perez Chaumont Truffin
Walsh
Department of Justice
Congress
Department
Moratorium on Municipal Debts Urged by Congress
Washington March 1 Emergency action by the dying congress to suspend payments on municipal indebtedness was urged before the house judiciary committee today as absolutely necessary by Frank Murphy mayor of Detroit.
MENTIONED IN THIS ARTICLE
Washington
Congress
House Judiciary Committee
Frank Murphy
Detroit
Plumbing Service Ad Becomes Local News Note
Among yesterday's business visitors in the city was W. C. Donald of Oat Vilton. J. L. Walker and the firm name appear in a brief local notice about plumbing work.
Special Message to Assembly On Lobbying and Health Budget
A Georgia legislative note discusses a letter urging officers to oppose bills and lobby via county officials. It reports unregistered lobbyists, seeks action to kill a term reduction for county officers, and urges union dues as insurance. The House approves health department funding at 125000 while trimming governor recommendations.
MENTIONED IN THIS ARTICLE
Lewis
Sparta
Campbell
Sipple
Clardy
Department of Public Health
House
Culpepper
Fayette
Tolbert
Muscogee
Munday
Polk
Health Department
Mitchel
Alexander
Chatham
Rules
Tag County
Senate
Mundy
Myrick
Chathai
Department of Agriculiure
Department of Breadth
Military Department
Ho Budget Bavean, Ie
Georgia governor predicts neighbors will honor tags until April 1
Governor Talmadge says surrounding states will recognize Georgia automobile tags at least until April 1. He notes a legislative resolution deferring payment for tags to April 1 and says neighboring governors have been advised to honor the tags. The state legislature has passed tag price reduction bills but no agreement on the amount.
MENTIONED IN THIS ARTICLE
Atlanta
Talmadge
Georgia
House
Senate
Florida Extends Georgia Tag Recognition to April First
Atlanta March 1 The Florida motor vehicle commission will recognize 1932 Georgia automobile tags until April 1 at Governor Talmadge’s request due to many Georgia cars traveling into Florida. Joiner notes other states were not asked to extend recognition beyond March 1 and doubt they will.
MENTIONED IN THIS ARTICLE
Florida
Georgia
Aprie
Avlanta
W. L. Joiner
Georgia Revenue Commission
Motor Vehicle Commission of
Joiner
Talmadge
Bankruptcy Bill Sent to President and Related Measures
The text reports the bankruptcy bill moving to the president, an ocean mail contract awarded to the Philadelphia Mail Steamship Company, and Senate action on the Smith cotton pool bill with House changes. It notes a treasury postwar appropriation and a navy supply measure referred to conference, plus continued Senate Banking Committee testimony on National City Company stock activity.
MENTIONED IN THIS ARTICLE
Philadelphia Mail Steamship Company
Senate
Smith Cotton Pool
House
Treasury
Navy Department
Iran
Senate Banking Committee
National City Company
Bank Holidays Declared Across States Prompt Banking Provisions
Governors in Tennessee Kentucky Maryland West Virginia and Alabama declare bank holidays or restrict withdrawals to stabilize finances. Some banks remain open. Indiana Ohio Pennsylvania and Nevada consider measures. Detroit reorganization stalls as Senator Couzens actions loom. Alabama adopts ten day banking holiday to protect public interests.
MENTIONED IN THIS ARTICLE
Tennessee
Kentucky
Commonwealths
Arkansas
Detroit
Couzens
Michigan
Maryland
West Virginia
Nevada Assembly
Indiana
Indianapolis
Ohio
Alabama
Montgomery
Ala
Tennessee declares six day bank holiday across state
Governor Hill McAlister proclaims a six day bank holiday starting today with partial observance. Nashville banks close while Memphis banks follow a one day holiday. East St Louis banks limit withdrawals to five percent of deposits.
MENTIONED IN THIS ARTICLE
Nashville
Tenn
Hill MacAlister
Memphis
Chattanooga
Knoxville
East Tennessee
Drew
D. SD. Robertson
Roy H. Berler
Tennessee
Hill McAhster
McAlister
Hill Mcallister
Washington Banks Limit Withdrawals To Five Per Cent
Washington March 1 The District National Bank imposes withdrawal limits at five percent of balances to protect depositors. Several savings banks require sixty days notice on withdrawals.
MENTIONED IN THIS ARTICLE
Washington
District National Bank
Arkansas banks Limit withdrawals under state order
More than 40 banks across a score of Arkansas cities and towns were restricting withdrawals today under authority from State Banking Commissioner Marion Wasson. Bankers and businessmen weighed the impact as bank reserves tightened and the curbs expanded.
MENTIONED IN THIS ARTICLE
Arkansas
Little Rock
Ark
Marion Wasson
Ansell Sues Long for Half Million Over Senate Speech
Brigadier General Samuel T. Ansell sues Senator Long for $500000 alleging libel from a senate floor speech criticizing Long and the Senate committee. Long says he will waive immunity only if suit filed in Louisiana or his domicile, not in D C.
MENTIONED IN THIS ARTICLE
Washington
Congress
Senator Long
D. Ta
Samuel T. Ansell
Long
Senate
Senatorial Committee
Howell
Overton
Broussard
Ansell
District of Columbia
Louisiana
Ansell Sues Long Over Senate Speech Slur in DC
Samuel T. Ansell, former judge advocate general, sues Senator Huey P. Long in the District of Columbia Supreme Court for 500000 dollars in damages from slander. He seeks 250000 dollars for actual damage and 250000 dollars for punitive damages claiming Long defamed him in a February 21 senate speech and branded him a thief and crook.
MENTIONED IN THIS ARTICLE
Washington
Samuel T. Ansell
Senate Committee
John H. Overton
Louisiana
Theday
Huey P.lbong
District of Columbia Supreme Court
the Army
Long
Senate
Ansell
Savannah Council Granted Power to Set Election Dates
Atlanta March 1 An act signing empowers the Savannah mayor and aldermen to appoint and install city officers at their discretion. The new law allows immediate elections for posts such as police chief, and officers hold office at the mayor and aldermen's pleasure.
MENTIONED IN THIS ARTICLE
Atlanta
Savannah
Talmadge
Three Old Pals Named White House Secretaries
The article notes Roosevelt’s longtime allies Louis M. Howe, Melville McIntyre, and Louis Early chosen to head the White House staff and public relations, appointments to handle appointments, visitors, and travels as Roosevelt shifts to naming assistant secretaries and diplomatic chiefs.
MENTIONED IN THIS ARTICLE
White House
Louis M. Howe
Massachusetts
Roosevelt
Howe
MelIntyre
Early
McIntyre
Navy
Diplmatic Corps
Robert W. Bingham
Louisville
London
James M. Curley
Boston
Italy
Jesse L. Straus
New York
Paris
Clark M. Howell
Atlanta
Robert Dunham
Chicago
Berlin
Joseph C. Grew
Tokio
Nelson T. Johnson
China
William, S. Cubertson
Chile
Local Currency Proposal Considered by Little Rock Group
A mixed committee of business men and bankers appointed by the Little Rock Clearing House Association studies issuing local currency to cover cash shortages. The six member banks in Little Rock and North Little Rock have already restricted operations, with payrolls a focus of the plan.
MENTIONED IN THIS ARTICLE
Little Rock
Nebraska House approves two year mortgage moratorium bill
The Nebraska house of representatives passed a two year mortgage forecloure moratorium bill by an 87 to 4 vote and sent it to the senate for consideration.
MENTIONED IN THIS ARTICLE
Nebraska
Lincoln, Neb
Nebraska House of Representatives
Senate
Also Mentioned on This Page
Norman H. Davis
America
U. S. Agricultural Dept
Great Lakes
John P. Fromm
Rochester
Fromm
Woodin
Secretary of Treasury
New York City
New York State
Boxing “Commission
J. L. Walker
BE. Clay
Assembly
Ben T. Watkins
Dlacon
Georgia County and Peace Officers
Gir
J. C. Sipple
Gordon Hardy
Pennsylvania
Gov. Pinchot
Internal Revenue Bureau
East ST. Louis
West St. Louis
Fast
Dean
Doans
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