Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-07-23
ROAD BUILDING PROJECTS WAY in WESTERN STATES
MICHIGAN JOBS
AND PAY ROLLS
GAIN in JUNE
State Optimistic As
Recovery Gets
7 Under Way.
BY PERCY C. POWELL.
Special Dispatch to The Star.

Special Dispatch to The Star.
DETROIT, July 22-Optimistic re-
ports Of financial recovery and rehabili-
tation featured the news in Michigan
throughout the week.
From Washington came word that
the Reconstruction Finance Corporation
was ready to advance $4,000, 900 to be
paid to depositors Of the closed Guardian
National Bank and the First National
Bank, this money to be used In paying
Guardian National depositors an adj
ditionai 20 per cent and First National
depositors Is per cent. Further news
was to the effect that high treasury
officials were working out plan for
reopening the First National. So far
Of both banks.
Additional news from Washington
was to the effect that Michigan was
to receive $4,000, 900 for road building.
the Governments plans for the building
to be announced about August l, assur-
ing considerable work for thousands of
men during the late Summer and early
Fall.
From Lansing, the Department Of
Labor issued bulletin showing that 80
per cent more men were working in
Michigan in June than In April, that
the weekly pay rolls In June had In
creased 1862 per cent in June over
April, that the States purchasing power
had increased 9.3 per cent, that en-
ployment in June was 61.2 per cent of
normal.
In Detroit, John r. Hamilton, State
manager of the Home Loan Owners
Corporation, opened his office. In the
plicationS for loans In Detroit alone
State branch Offices are to be opened
in few days. Appraisers are at work
under Hamilton's direction.
A group Of representatives Of automo-
bile manufacturers were closeted in De-
troit throughout the week preparing a
draft Of a code to be presented eventu-
ally for approval Of Industrial Recovery
officials. The code probably will be
presented to the National Automobile
Chamber Of Commerce in Washington
this week for approval. Representatives
Of Henry Ford were present at the De-
troit meeting. This Is the first time
Ford has been represented at a meeting
Of this description.
Mayor Frank Couzens directed the
citys corporation counsel to go the limit
in prosecuting profiteering discovered
among retail merchants, milk dealers
and others dealing in life essentials
which provides heavy penalties in case
of convictions. He also announced his
candidacy for reelection. He is the
sixteenth candidate to file for mayor
to date. Mayor Couzens, as president Of
the Common Council, assumed the Office
when Mayor Frank Murphy was ap-
pointed Governor General Of the
Philippine Islands.
Mayor Couzens' father, Senator James
Couzens who left the London Economic
Conference Thursday night, has an
nounced he would proceed Immediately
to Detroit to appear before the grand
jury, which has been investigating the
closing Of the two big Detroit banks
The investigation was adjourned In
definitely this week pending outcome
Of the negotiations at washington on
reopening the First National Bank.
Senator Royal s. Copeland Of New
York, chairman of the special commit
tee appointed t. investigate racketeering,
announced in Washington that Detroit
Chicago and New York would be the
first cities visited by the committee. He
said the committee would probe
especially into dope smuggling along the
Canadian border when it visited Detroit
in August.
In view of the apparent popularity OF
Rooseveltian measures, the Democrats
are looking hopefully forward to elect
ing q United States Senator in Michi-
gan in 1884 and add Number of
Democratic Representatives. At present
the Democrats have 10 Of the II Michi-
gan seats in the House. Their most
perplexing problem is to find men In
the party who will measure up to the
qualifications necessary for Senator.
Gov. Murphy Of the Philippines IS men
toned more than any one to date, but
he has so far put thumbs down on a
boom.