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Newspaper
Winchester Evening Star
Location
Winchester, Virginia, United States of America
Date
Oct 26, 1934
Page
8
The speech notes a desire to allow broad public input as hostility to Mueller and dictatorial rule fears surge. Thousands listened as the national head pressed for opportunity to speak his piece on the government bonus issue.
New York reports President Roosevelt's emergency council director Richberg told Harvard audiences that monetary policy is a fetish not reality and urged private enterprise to fund large public works where possible. He warned against endless public borrowing and favored government action only if private employment remains weak.
The American Bankers Association closed its convention with praise for cooperation yet strong criticism of Roosevelt policy. Resolutions urged a balanced budget and called it the cornerstone of sound finance. David Lawrence attacked the brain trust while the economic policy commission warned of willing borrowers and urged courageous banking. Rudolf S. Hecht urged delegates to unite in the new era.
The convention heard calls for all American economic groups to support Roosevelt's plan to restore prosperity. Bankers were challenged to meet credit needs and fulfill their responsibility. Association leaders defended themselves against charges of non cooperation while favoring a moderate tone in adopted resolutions.
A new apple theft racket hits Shenandoah Valley with truckloads stolen from Timberville and McGaheysville. Thieves cut a fence at the Stanley Hoover orchard and loaded 75 bushels onto a truck, then headed toward Valley Pike.
Sheriff Fawley suspects organized gangs are stealing hundreds of bushels of apples from Bader, Hoover, and Dingledine orchards near McGaheysville Timberville and Winchester. Guards posted at some sites as apples fetch up to one dollar per bushel with packing crates left ready for trucks.
Alexandria October 25 Theodore Gibson 25 was indicted arraigned tried and sentenced within 65 minutes to a life term for slaying 11 year old night watchman William H Woodfield in a coal yard. Gibson says Woodfield struck him and he struck back with a small sledge hammer twice on the head.
Berlin October 25 reports say a dramatic crisis in Germany's church dispute has opened an almost break between Adolf Hitler and Reichsbishop Ludwig Mueller. Informants indicate the rift signals the Nazi government may withdraw from church conflicts.
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