02 Nov 1933
Page 1
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Newspaper
Thomasville Times Enterprise
Location
Thomasville, Georgia, United States of America
Date
Nov 02, 1933
Page
1
The Roosevelt administration proposed to purchase all foreign gold imported into the United States. It raised the price for domestic gold output to 32.36 dollars per ounce from 32.26 and noted London bullion at 32.11. Details remained undisclosed as talks with Britain continued.
Washington reports the Reconstruction Finance Corporation authorized the New York Federal Reserve to dispose of RFC notes and accept foreign gold imported after November 1 1933. The move aims to bolster gold value, with France’s Banque de France selling a small amount to the Federal Reserve Bank in Paris.
Uniontown Pennsylvania November 2 4 Striking miners warn open warfare seems certain if steel company owned collieries reopen before miners understand the peace plan by President Roosevelt and the operators A miners committee of eight seeks an audience with the president asserting a dangerous condition in Fayette county where workers refuse to return without union recognition. A wire to Roosevelt says men are confused about the settlement and if mines reopen too soon serious outbreaks may occur with possible loss of life.
John Winston Boyd, a black porter, confessed to assaulting fifteen white women in St Louis area towns and suburbs. After long talks with a female prisoner, he was executed in the St Louis county jail at Clayton following a months long spree. He had been dishonorably discharged from the Navy a year earlier.
Treasury data for October 31 reports receipts of 16.8 million and expenditures of 14.7 million, net balance 909.2 million. Customs receipts for the month total 31.9 million. For the fiscal year since July 1, receipts reach 927.6 million while expenditures hit 1.41 billion, including 399.8 million for emergency relief, creating an excess of 481.9 million.
Washington reports the government will purchase all gold exported to the county but has not yet set a price. RFC chairman Jesse H. Jones expected to clarify by late afternoon. Unofficial hints suggested the rate would apply to imported gold as well.
The American dollar fell 2.78 cents versus the British pound in London trading. It ended at 4.82 dollars per pound after a narrow range move, having touched 4.81 1 4 and 4.82 3 8 during the session.
Washington on November 2 reports a price of 32.36 dollars per ounce for Reconstruction Purchases of newly mined gold. The rate is ten cents higher than yesterday and 25 cents above the world market.
Five midwestern state governors met with President Roosevelt and Secretary Wallace to present a plan for fixing prices of major farm products amid strikes and tensions across Wisconsin Minnesota and Iowa. The talks followed public demands for higher farm prices and included references to the Farmers Holiday Association and national farm leaders.
President Roosevelt planned to meet governors from the farm strike area at 2 30 p m today. No further White House detail on the president's stance or plans for the visit was available before noon.
A dynamite bomb exploded near Port at a cheese factory owned by El Bley, tearing through the building and causing extensive damage. No injuries reported as authorities investigated the blast in Milwaukee.
Speaker Rainey put repeal of the Volstead act and liquor tax and tariff revisions at the top of the January congressional calendar. He predicted repeal of the eighteenth amendment will be certain after the next elections. He noted the Ways and Means Committee will prepare liquor tax and tariff measures, and the salary cut for federal workers would not be restored unless finances require it.
Sheridan Wyoming November 2 Senator John B Kendrick a 76 year old Democrat from Wyoming was reported in critical condition at Memorial Hospital after being stricken ill late last night and was unconscious today two days before the election news desk reported.
Grenewood South Carolina November 2 Miss Mary T Ferguson librarian of the public library here was found shot to death in bed early today a pistol lay on the floor near her bed with one chamber empty and the coroner ruled suicide.
Weather bureau advisory notes tropical disturbance remains near Neuvitas in east central Cuba. It is slight to moderate in intensity with fresh winds and squalls between Cuba and the southern Bahamas.
President William Harridge of the American League urged selling the St Louis Browns, heirs of the late Phillip De Catesby Ball, saying an estate cannot run a club as successfully as private ownership. He suggested the Ball family might choose to dispose of the baseball holdings.
Fire swept through a Washington factory after a blast, fueling complete destruction of the premises and its contents. Fire crews fought the blaze as investigators began examining cause and extent of damage.
Senator Walter F George Ga said in Atlanta that the national recovery program has broad backing from American business and citizens though some program aspects invite criticism. He expects defects to be remedied by the next Congress and predicts continued industrial and agricultural rehabilitation with clearer monetary policy. He travels next to Macon en route home to Vienna.
Sixteen residents of Bossier and Caddo parishes including a state legislator faced charges for malicious mischief after a band tore down and destroyed two large signs dedicating the Red River bridge to Huey P. Long and C. K. Allen. Police failed to link the arrestees to the destruction, and Judge David B. Samuel dismissed the case.
Washington reports ballots in six states will reveal whether the Eighteenth Amendment will be repealed by state conventions by December 5. Pennsylvania leads wets, Kentucky and Utah tight, Ohio uncertain, North and South Carolina swing complexes as New York City mayoral race and state elections also unfold.
Agricultural extension directors and farm leaders from Indiana Illinois Ohio Michigan and Kentucky joined U S Department of Agriculture officials in Indianapolis to outline a national campaign to cut corn and hog production under the Agricultural Adjustment Act. The plan calls for a 25 percent hog reduction and a 20 percent corn acreage cut in 1934 with benefit payments to participating farmers.
Cloudy conditions with potential rain late tonight and Friday. Temperatures to fall Friday night, especially in the northwest areas. Georgia and Florida regions expect rain with cooling trends into Friday afternoon. Alabama reports occasional rain and colder temperatures tonight and Friday.
General Hugh S. Johnson, industrial administrator, says he will stay as long as President Roosevelt wants him. He denies plans to resign and dismisses persistent chatter as an indoor game.
Miss Mary McElroy testified in Kansas City that George McGee was one of her kidnappers in May She described being forced to write three ransom letters demanding 360000 from City Manager Henry F Melroy and identified weapons used during captivity before a ransom was paid.
The Petroleum Administrative Board urged industry to submit data on all costs of production and marketing. The schedules may be modified before December 1 as recommended by the board and approved by Secretary Ickes.
Augusta editors and state leaders host Thomás J. Hamilton of the Augusta Chronicle at a banquet. He helped secure federal funds for Savannah River deepening and river improvements. Speakers include Senator Richard B. Russell Jr and Major John S. Cohen.
Three armed men roped the North Lansing Bank of Lansing branch today in Lansing Michigan. They struck a teller who delayed opening the vault and escaped with six to eight thousand dollars.
Luis Kirstein Boston merchant and Filene Company executive was elected chairman of the NRA industrial advisory board succeeding Walter C. Teagle of Standard Oil. Kirstein has served on the advisory board and has been active on the national labor board in settling strikes and disputes.
Labor advisers at the NRA said Gerald Swope's plan for full industry self government will not take effect soon. They expect continued close government supervision of codified industries for a long time. Hugh S. Johnson called it a goal to shoot at while noting no near realization.
Washington reports business aims to create a single national chamber governing industry with minimal federal supervision. The plan would exclude labor from the board unless a worker representative is named by a presidential appointee with veto power. Ger ard Swope described the idea after meeting industrial leaders. labor groups seek greater representation.
Two Tulane linemen George and Bob Tessier sat in a New Orleans hospital to donate blood in a bid to save their father Charles A. Tessier Jr. whose condition was grave. The brothers would miss the game against Colgate in New York, trusting substitutes to fill their roles.
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