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August 11, 1934

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from August 11, 1934

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By Unknown Author

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Uneasiness Is Noted.; BRITISH TO GET PAY ON SALES TO REICH

By Special Cable to THE NEW YORK TIMES

Exporters incensed at exch agreement with Germany which provides for future payments only

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SOVIET DEBT TALKS AT CRITICAL STAGE; Progress Is Slowed Down and New U.S. Plan Is Believed to Await Moscow's Reply. ENVOY IS STILL HOPEFUL Troyanovsky Declares Accord Is Necessary -- Smaller Issues Have Been Solved. SOVIET DEBT TALKS AT CRITICAL STAGE

By Special to THE NEW YORK TIMES

Negotiations on Russian debt to U S reaches critical state

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EXPANSION OF CURRENCY UNDER SILVER PROGRAM ANNOUNCED BY TREASURY; FIRST STEPS ARE LIMITED Only $80,000,000 to Be Issued on Holdings Prior to New Law. BUT ON $1.29 OUNCE BASIS After Deducting Price Paid for Metal Remainder Will Be Taken as Seigniorage. USE NEW STOCKS LATER Treasury Statement Issued After Morgenthau Confers With the President. EXPAND CURRENCY UNDER SILVER ACT

By Special to THE NEW YORK TIMES

Transfers to Treas of nationalized silver now in U S exempt from 50% profits tax

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YOUSSOUPOFF SUIT ENDED FOR $750,000; Princess Agrees to Drop All Pending Court Actions Over Rasputin Film. VICTORY' PARTY IS HELD Metro-Goldwyn-Mayer Aides Attend -- New York Woman Lawyer Effects Accord.

By Ferdinand Kuhn Jr.wireless To the New York Times

Pays large sum to Princess I Youssoupoff in return for agreement to drop libel suits in Rasputin and Empress case

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Notable Births

1934Bob Hepple, South African lawyer and academic (died 2015)^[†]

Sir Bob Alexander Hepple OLG was a South African-born legal academic and leader in the fields of labour law, equality and human rights.

Historical Events

1934The first civilian prisoners arrive at the Federal prison on Alcatraz Island.^[†]

United States Penitentiary, Alcatraz Island, also known simply as Alcatraz or the Rock, was a maximum security federal prison on Alcatraz Island, 1.25 miles off the coast of San Francisco, California, United States. The site of a fort since the 1850s, the main prison building was built from 1910–12 as a U.S. Army military prison.