Banking Committee Accepts Pecora Outline of Questioning
The Banking Committee endorses Pecora's outline for hearings on bank practices. Senator Glass expresses satisfaction with the presented questions.
31 May 1933
Page 1
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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
May 31, 1933
Page
1
The Banking Committee endorses Pecora's outline for hearings on bank practices. Senator Glass expresses satisfaction with the presented questions.
The Senate investigation of J. P. Morgan and Company recessed for lunch today after 1 p.m. following Senator Glass of Virginia showing threatening letters he had received.
Senate investigators disclosed a third list of United Corporation favored buyers at 24 dollars below market, naming John W. Davis and General John J. Pershing among others. George F. Baker and Norman H. Davis appear again as Morgan insiders scrutinized for option warrants prior to law changes.
The notice advertises a Rexall sale at Brooks Pharmacy from Thursday through Saturday June 1 2 and 3 with property to be sold at noon Saturday June 3. The ad references an FBI and sale numbers 31 1p 21.
Winchester gains an enlarged operation for paper and boxboard as Shenandoah Paper Board Company, Inc. is organized to take over the plant run by N. H. Carpenter Sr. and Jr. The firm will shift to three eight hour shifts, expand tonnage, and is backed by experienced promoters. N. H. Carpenter Jr. becomes president and treasurer with W. H. Redlien as vice president and secretary. Carpenter Sr. remains on the board and will visit Winchester regularly.
In Tangku a Sino Japanese armistice creates a demilitarized zone south of the Great Wall. Premier Wang Ching Wei says the accord is military and preserves China’s territorial rights. The pact also dissolves the Chinese volunteer corps and restores Peiping Shanhaikwan rail traffic.
Washington May 30 The American delegation to the London economic conference gains a possible sixth member James Wadsworth of New York. The House foreign affairs committee backs a plan to push for a bi metalism pact and silver price improvements while the Senate earlier urged higher silver values. President Roosevelt names six officials and advisers including Hull Cox Pittman and McReynolds plus William Bullitt James Warburg Fred Nielsen and Herbert Feis.
CHIPPEWA FALLS Wis May 31 Three business women died and a fourth likely fatally injured when their car collided head on with a livestock truck. A fifth woman was hurt. The deceased were Laura Baudette Sadie Owens and her sister Bernice Mrs Catherine Cardinal of Eau Claire may die. Helen Thornton sustained bruises and cuts. The truck driver was unhurt.
Financial markets moved steadily higher with minimal withdrawals as metals and rails led gains. Sterling opened at 4.02 dollars, call money at 1 percent while stocks fluctuated yet preserved an overall advance amid persistent buying by investors.
A grocer or jeweler promotes graduation gifts featuring a Diamond Ring and wrist watches from brands such as Elgin Hamilton Gruen Ollendorff or Bulova. The ad uses the slogan It Pays To Walk and emphasizes surprisingly low prices.
Harry T. Phoebus of the Eastern Shore announced his candidacy for the Republican gubernatorial nomination in 1934. He predicted a party victory and said he may ask John W. Garrett to run for U S senator next year. Phoebus, a Princess Anne attorney and newspaper owner, has previous defeats in district races.
Eddie Gosnell 33 of 400 block D Street N E Washington died Monday night after drinking antiseptic. Police were told by roomers he had been drinking heavily then swallowed the solution. He was found about 9 p m and died at Gallinger Hospital about 10 30 p m. Gosnell was official photographer of the B E F last year at Camp Marks Anacostia and witnessed the fatal shootings during rioting. He exhibited camp photographs in Winchester last winter and opposed a second invasion of the national capital by former service men.
Readable article fragment notes Moling & Co offering attractive graduation gifts. The itemization and exact product lines are unclear due to truncated text.
Miss Jackson will present a summer merchandise display at the George Washington Gift Shoppe on Thursday June 1. The event highlights new seasonal items and combines shopping with a gift experience at a historic venue.
A Winchester Democratic Executive Committee will be elected at a mass meeting at 7:30 p.m. in the Corporation Court room, City Hall. The 22 current members may be reduced or increased, with the new committee serving two years from election. All party members are urged to attend.
The 148th Shenandoah Valley Academy session opens with an intra mural track meet directed by Lieut Peyton J Marshall on the lower field. Tomorrow features a cadet corps exhibition drill at 10 am, tennis finals, and a Pan Hellenic dance at Winchester Country Club with Dan Gregory and His Victor Recording Orchestra. Friday brings commencement at 10 am in Handley Library Auditorium with diplomas, awards, and remarks by Rev E T Clark, followed by the final ball in the academy gymnasium lasting until 5 am Saturday.
The City Temperance Committee plans a speech by Hon. Clinton N. Howard, chair of the United Committee for Law Enforcement, here on Monday night June 5. The venue will be announced later and the public is urged to attend. Howard has delivered 50 addresses in Washington and elsewhere and is praised for his work protecting family and civic virtue.
Shenandoah Valley Academy graduates will attend the Rotary Club luncheon at 1 pm tomorrow at the George Washington Hotel. The Rev. Francis A. Brown of Woodstock Va will be guest speaker, continuing the club tradition of hosting academy graduates before finals.
The Henderson property a 33 acre parcel with an eight room residence three miles east of Winchester near Greenwood School House will be sold at noon Saturday in front of the Court House.
Local Boy Scouts demonstrated service to the community on Decoration Day by placing 5,000 flags at Winchester National Cemetery and aiding ceremonies. They served as color guard acc ies in the parade prepared programs arranged seating and provided water. They will assist again June 5 and 6 at Stonewall and Confederate flag ceremonies with Scouts from each troop.
Mrs Franklin D Roosevelt leads three cars from the White House on a motor trip to Monticello the Jefferson home near Charlottesville Virginia. A White House limousine carries guests and a buffet luncheon is hosted by Albemarle county ladies at Farmington Club Charlottesville.
In Hagerstown Maryland an inquest was set for Geo W Rowe a 59 year old farmer who died last night from a skull fracture. His niece Elsie Rowe 25 and nephew George Rowe 17 were detained after Deputy Daley reported seeing them arguing with their uncle in front of the Rowe residence.
For sale all steel Simmon s furniture in hotel rooms including beds springs mattress pillows dresser table desk chair luggage bench arm chair electric fan in good condition also safe cash register showcase other items leather covered settees and chairs tables refrigerator and pas. Phone 142 W.
Friendship Fire Co holds a regular meeting Thursday evening June 1 at 8 o'clock. Captain Fred W. Forney signs the notice.
Public sale scheduled for Saturday June 3 at 1 pm. Located at 304 North Kent Street the entire household goods will be auctioned. Seller identified as Mrs J C Smith.
Mr. Trout of Front Royal, a House of Delegates candidate, will give a five minute talk at the temperance education gathering. T. Russell Cather of Winchester and Mrs. Julian Keith of Warrenton introduce speakers. Wadsworth of New York is noted as presidential calibre. A packed Handley Library audience is expected at eight tonight.
Washington May 31 Conferees from the House and Senate reached complete agreement on a gasoline tax postage reduction bill The Senate adopted a House provision transferring the 66 percent electric energy levy from consumers to producers The measure also continued the one cent a gallon gasoline tax for another year and reduced the first class postage rate on local letters from three to two cents The House accepted the Senate provision delaying the electricity tax for producers until September 1 to allow appeals to state utility commissions The Senate will act first on the measure.
In New York on May 31 a witness in the Charles E. Mitchell income tax evasion trial testified an internal revenue agent investigated Mitchells transfer of stock to Mrs Mitchell to dodge 1929 taxes. Frank W. Black, who prepared Mitchells returns, described a 1931 visit by Ambrose W. Hussey seeking originals of the sale documents and copies were shown to the agent.
Warden Kirk Prather of the Kansas state penitentiary along with two guards and three women were freed by six convicts who hijacked a Memorial Day escape. Prather credited whiskey for keeping him alive as the group fled into Oklahoma and later released the hostages near Pleasanton. A second incident in Chetopa left night watchman Otto Durkee dead, with investigators probing if the events are linked to the fugitive group.
In Omaha schools some grades abolish semester reports as teachers gauge parent views on dropping subject by subject marks. A separate note mentions pupils signing dads names as an easier way to report cards. The report hints at broader changes in how student progress is recorded.
Oklahoma City two young women sat in a broken down car near the post office crying as an officer investigated. One said their life depended on strangers buying gasoline in a tense scene. Seattle Mrs. Ella Fueil 85 died hours after a visitor brought a hat. The heart attack was likely triggered by excitement.
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