General News of the Day, Daily Racing Form, 1935-04-25


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1 GENERAL NEWS OF THE DAY S Frdnk Walker, former treasurer of the Democratic party, has been chosen by President Roosevelt as his chief adviser on the spending of the ,880,000,000 work relief fund. Walker will replace Donald R. Rich-berg as Director of National Emergency Council and will receive all applications from cities, counties and states for financial assistance. The N. R. A. has dropped production control under all circumstances and plans to avoid price fixing except in "emergencies." The Pan-American Clipper flew back to the United States from Hawaii in nineteen hours and fifty-nine minutes fighting the wind practically the entire way. Frances military strength was increased by 120,000 when the "war babies" were called to colors Tuesday. Chicago residents of Rogers Park are terrified by the acts of a fire maniac, who was responsible for more than twenty-five fires in the last week. The Rogers Park Chamber of Commerce has posted a reward of ,000 and have asked 4,000 janitors to aid the police in search of the culprit. President Roosevelt has outlined his plans, for creating 7,000,000 jobs by spending the four billion work relief appropriation. He expects it to transfer 3,500,000 bread winners from the relief rolls to payrolls and stimulate private industry for another 3,500,000. Filing of a petition under section 77-B of the amended bankruptcy act by the Rosenbaum Grain Corporation, one of the largest grain commission houses in the country, had its echo Wednesday in the suspension of trading on the Chicago Board of Trade, the Kansas City Board of Trade and the St. Louis Merchants Exchange and weakness in wheat prices at Minneapolis and Winnipeg. Trading will be resumed at the usual hour Thursday morning. A message from Watsonville, Calif., states that the bodies of two army fliers and wreckage of their observation plane were hunted Wednesday in the waters of. Monterey Bay, into which they plunged Tuesday afternoon while on a training flight.

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