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September 30, 1933

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Headlines from September 30, 1933

ROOSEVELT ACTION FOR DEVALUATION IS HELD IMMINENT; High Official Predicts Monetary Statement Promising Return to Gold Standard. SAYS EVENTS FORCE MOVE Slackening of Industrial Pro- duction and Other Phases of Recovery Cited. 375 BANKS TO REORGANIZE Controller Approves Move to Free $400,000,000 of Deposits in 37 States. DEVALUATION MOVE IS HELD IMMINENT

By Special to THE NEW YORK TIMES

Roosevelt reptd planning to state policy which is believed to include devaluation, stabilization and promise to return to gold; business recovery believed waiting on statement; Repr Patman presses for issue to cover veterans' bonus and all pub debt

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Notable Births

Cissy Houston

1933Cissy Houston, American singer (died 2024)[โ€ ]

Emily Drinkard, known professionally as Cissy Houston, was an American soul and gospel singer. Born in Newark, New Jersey, Houston began singing with three of her siblings in a family gospel group, The Drinkard Singers. By the early 1960s, Houston had begun a career as a session vocalist for several secular musicians in the rhythm and blues, soul, rock and roll, and pop genres. After initially joining her nieces' group the Gospelaires for a session with Ronnie Hawkins in 1961, Houston gradually took control of the group, which revamped into "The Group" with Houston, niece Sylvia Shemwell, Myrna Smith and teenager Estelle Brown. She eventually founded the girl group The Sweet Inspirations with Shemwell, Smith and Brown in 1967 and that year signed a contract with Atlantic Records. With Houston as lead singer, the Sweet Inspirations would record four albums before Houston departed for a solo career in 1970. Her best-known solo singles include the top 20 R&B chart single, "I'll Be There" and the top 5 dance single, "Think It Over". Her solo career culminated with two Grammy Award wins, both in the Traditional Gospel Album category.