Decatur Daily Democrat, Volume 31, Number 94, Decatur, Adams County, 20 April 1933 — Page 1

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OMPLETE CURRENCY INFLATION PLAN

llams county ■INK TO MAKE' ■distribution ur )h K r per ( ent DistribuBe Made Saturday. April 22 ■UBI'TION H TOTALS $20.(100 fHur per > ent. ilistribuns. the first to K,. | )V the old Adams Bank since it closed. 19.”,2. will be made ■ Kv. April 22. Leo YagL Kv(lid agent for the KKinoi,in<e.i today. l^K total distribution of ■ \\ ill amount Ko HO. Mr. Yager stated, hat no s’• or less on debe deposit - said lertiticaies and tli> bank. Mr Yager anA iiuii-negot iabie liquidaKftMtie.it e Will be issued to of deposit K| , ?( .. « ill be given the savings ac»*Kd|< ,| v.... ~ ,| js figured on a fti Os 'l”* iftMat in agen* announced. The of of five dollars brims total amount state banking advised the payment ■ -mall accounts ',:: lokkeeping and fnrtimr distributions. 2.0011 deposithe ’ n.ber of checks in win probably ex ' Miss Genevieve ;.‘.<i.'t'ii;t to Mr. Yager.' job of writing the F.xtra help will be toiiirbi ami Friday in ordal them written by morning. depositors will be reqnirbank for the Checks to perrm i - ■flat'•- "”1 show the amount ' >r to his credit miof 21. 1932. Space Imß ndividual account. savings and certificates. The reduplicate and shown. !|j||lNl’El> ON PAGE FIVE) fOINVESTIGATE . ■ER BUSINESS IK in on (1 Taxpayers |<Kn Will Investigate I Kxorhitant Profits Iml. Apr. 20.—(U.R)' r^B s *' s of (he legal beer busimli.imi were being invest!bv the secret commit ■HI Mm il.inimoml Taxpayers will be reported direct Paul V. McNutt, accord .-i: .1 Granger, presided t - : report, the secret comifK ' butged that Michael ,1. ! ' a " ’ 1111 ago. Lake coon is receiving eight tinn s Profit on each case of imas ihe state is aide to I Khun makes a profit of two each bottle of beer im irK iulll Lak-> countv," the reijH,l,l‘|l profit for a case is 50 eight limes tax of five cents a galshould become a mil wi,hin a 8 , ' ,ne - l,lis I a legalized racket and Taxpayers' Asset >a !»”'ng to take action to slop B^B KPr said ihe secret commitits information in lfP^B ncp s with wholesalers an d He pointed out (hat the r makes liis profit almost f'Mft touching the beer. He U’lput is all out of state beer r^B e county and distributes it |^ft lan is city Democratic chairEast Chicago.

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DECATUR DAILY DEMOCRAT

Vol. XXXI. No. 94.

Meeting Postponed Until Friday Night Announcement was made this morning that the meeting scheduled to be held tonight at the Metlio- ; dist church has been postponed until Friday night because of conflict with the Junior class play and the K. of P. district conference. Sen. Larry Brat.dou of Auburn will spe.k in defense of the 18th 1 Amendment. Sen. Brandon, a Democrat, is a candidate for delegate ' from DeKalb county as opposed to repeal. The meeting will begin at I 7:80 Friday right at the Methodist church. BELIEVES SON NEAR FREEDOM .lake Factor Says Kidnapers Will Free His Son Tonight (Copyright, 1933. by UP.) Chicago, April 20.— (U.R) John (Jake the Barber) Factor today dung to a belief that his son, Jerome, 19, held captive for $50,000 ransom for more than a week, would be freed tonight. Factor, whose rise from bootblack to niillionxlollar promoter reads like a new version of an Horatio Alger story, told the United Press he expected the youth would be returned to him despite several pessimistic developments. He maintained that contacts with the abduction ring which seized the youth more than a week ago were still being made by the gang allies who volunteered to aid him in get ing back ids son. However, utmost difficulty was encountered in the negotiations. The abductors were wary of meeting Factor s representatives due to fear of, exposure by police. They were i>ar nil a iso. it w.is Relieved that Che gangsters might take the hoy from them by force. Tlie United Press learned that 125 well-known Chicago gangsters have banded in an effort to obtain the youth's release. Careful check by these underworld allies disclosed. they said, that the kidnapers were members of no organized local gang. They were said to l>e outsiders and not profession >1 abductors. The activity on the part of Chicage gangsters in working for release of tlie youth who was seized on the steps of his mother’s home in a fashionable residence district a week ago Wednesday night was said to be inspired by their desire to demonstrate disapproval of the crime of kidnaping. Factor, it was made evident, is depending almost entirely on the effort of these allies to obtain his son's release. He has been ini formed by them that the boy will he back tonight and is certain the arrangemenls will be carried out by that time. Difficulties over the amount' and method of paying the ransom money was believed a chief hindrance to the boy's release as had been expected 24 hours earlier. It was learned that no transfer of funds has yet been effected. nMyers Appointed Property Trustee R. D. Myers of this city today assumed duties as trustee of the property of Edward M. Sether, declared bankrupt in federal court. The appointment of trustee w s made by Wheeler Asher ift of Portland. Mr. Myers has been operating the place of business for a few w.-eks. He announced that the sale of person'll pioperty. located in the building s Mot’s place, will !»• held, Saturday, April 29. History Pupils To Fort Wayne Today Fourteen pupils in the United States (history classes of the Decatur high school went to Fort Wayne today to attend the historic site recitif by Ross Lockeridge. Mr. Lockeridge is an authority on American history and is an author of sever ! text hoks. He has appeared on club program l ’ in Dei catur on a nunvlier of occasions. The schools of Fort Wuyne and ' surrounding towns and cities are included in the site recital today. Mr. Lockeridge accompanies the large party of school pupils about | Fort Wayne reciting the principal historic Incidents which took place on the various sites. The class from Decatur was taki en to Fort Wayne under the superI vision of Miss Lee Anna Vance.

SIMe, National Xnd Internutlouul Newt

CLARK LUTZ TO BE DELEGATE Decatur Man Named Delegate To Fort Wayne Presbytery Meet C. J. Lutz, of this city was chosen as a delegate to the Fort Wayne Presbytery which will hold its annual spring meeting next Monday and Tuesday in Bluffton. Mr. Lutz.' was named delegate from the Deca-! tur church at the sessional meeting Wednesday night. Rev. G. O. Wai-1 ton. pastor of the local Presbyterian C. lurch will also'attend the two day session. Two auxiliary organizations of the Fort Wayne Presbytery have ■ meetings scheduled this week. The Fort Wayne Presbyterial Missionary Society will meet at Goshen, today and Friday .ind the eighth annual conference of the Young Peo- 1 pies’ league will lie held in Elkhart Friday and Saturday. The two day session of the Fort Wayne Presbytery will he held in tlie Presbterian Church >it Bluffton and Dr. Sa-muel Callen, pastor of the First Presbyterian church of Fort Wayne, retiring moderator of Fort W'jyne Presbytery, will be the principal speaker. Rev. Paul Chalfant of Columbia City, newly elected moderator of the Presbytery, will assume his office at Bluffton. Twenty-eight churches from eleven counties will be represented. The annual meeting of the Pres-1 byterian Synod of Indiana will be J held June 12 at Winona Lake. The mtssiorviry organization will meet at Goshen for a two day meeting, the first session of which open ed this morning at 10 o’clock. A number of prominent women speakers will appear on the program. The Young Peoples’ I.eague conference will be held Friday and Saturday in the Elkhart Presbyterian Church. The Friday evening sessibii will open the conference and Wallace Howman, : missionary to Per(CON’I INTED ON PAGE FIVE) POLITICIAN IS FACING CHARGE i Moe Rosenberg Faces Charges of $15,000 Income Tax Fraud Chicago April 20 —(UP) — Moe Rosenberg. Democratic political leader and one-time convict, today 1 was free on SIS,IH'O bond on charges of a $65,000 income tax tr ud. Rose ‘berg was Indicted by J fed- . leral grand jury on charges that he had an income of $345 932 in 1929 and 1930 but failed to pay any tax. He appear, d immediately before I Federal Judge Janies H. Wilkerson, trial judge in tlie famous income tax <ase of Al Capone, .i.nd was released on bond. i . i In the two years the government . contended Rosenberg had .in in- * tonne totalling $19'9.000 from ’ sources other than Rosenb rg Iron a.'d Metal Co. The “other sources’’ were unspecified in the indictment and wen- subject of widespread speculation. The Rosenberg indictment has caused a furor of political circles ougli expectations of re’ tl itions . which may be made at *h trial. Prediction has been made .hat the 4 tri il would be as sensational in its , way s that of Capone. I | The indictment reveal d Rosen ( berg's rapid rise to wealth and political power. Fifteen years ago he ' ' served a 20-month prison so. .fence in Leavenworth penitentiary on a charge of theft. At th'.it time he was a small junk dealer. With toe death of his brother. Michael in 1928 he became a power in the local DemoI cratic party. Start Preparations For Clean-Up M eek r , Decatur started today to get ( ready for the annual clean-up week which opens, April 24. Citizens began to clean the yards and alleys I and get the rubbish in barrels or , boxes, rxudy for the city clei:i-up squad which will gather it next , week and haul it away. [ Clean-up week was moved a week I ahead this year it the request of > tlie Civic section of the Wotn i.n's ! club and city officials are cooperat J ing in making an effective dean up of alleys and premising throughout the city.

ONLY DAILY NEWSPAPER IN ADAMS COUNTY

Decatur, Indiana, Thursday, April 20, 1933.

Observes Birthday ■vl <■ I I I H M. F. Worthman, superintendent i 1 of the city schools, celebrated his ; fiftieth birthday anniversary today. He was presented with a basket of roses by the city school I teachers. SENIOR CLASS TO GIVE PLAY Three Act Comedy Will Be Presented at Pleasant Mills High School The senior class of the Pleasant I Mills high school will present “The Alley Daffodil," a comedy in three acts by Myrtle Giard Elsey, Friday ■ and Saturday nights, April 21 and 22 in the Pleasant Mills high school auditorium. Entertainment between acts will be furnished by Bill Davis, Noble, Raudenbush and the St. Mary’s Ramblers. The play will begin at , X ~'jlo.R and admission will be 1" I and 20 cents. The cast is as follows: Mrs. George Roberts —a woman who tries to be exactly what she isn’t Mary Moser Frances Roberts —very much in love with love Dollie Miller (’berry Ragan—a street waif type Dollie Chronister Adeline Stone—a wealthy young lady Veda Smith I.ncette —Adeline’s maid Jean Williams Vengeance—the Roberts colored maid Genevieve Noll Mr. George Roberts —a henpecked husband Elton Archer, Larry Roberts—Cherry’s sweetheart Clair Carver Mitchie Morgan—a crook Emory Whittredge Pap Ragan—the soap maker of Flynn Al’ey Noble Raudenbush ' Rumpus Riot—Robert’s colored servant — Ralph Burke, o Regular Legion Meeting Monday Adams post number 43 of the American Legion will ihold the regular, meeting Monday night at 8 o’clock. The membership committee and all others interested in obtaining ew memlters are ask d to meet at tlie , Legion hill for a special meeting Sunday afternoon it 1:30 o'clock. o— DECATUR MEN'S FATHER DIES I Gottleib Kirchenhauer Dies At Home In Willshire Township , Gottleib Kircheni'iauer, 70, rest- , dent of Willshire township. Ohio, , for 47 years, died al his home at 10:15 o'clock Wednesday morning. Deith was caused by heart trouble. The deceased was born in Wiles. Germany Oct. 9. 1862. He came to America in 1881. He was married i to Miss Nettie Scliaadt in 1885, Ten children we-ne born, to this union. Surviving besides the widow are one daughter and five sons; Mrs. • Walter Pegley of Wren, Ohio; Edi win ainxj Paul of Decatur; John of • Fort Wayne and Harold and Lester > al home. Two daughters and two ; sons are deceased. Two brothers surviving reside in Germany. : Funeral services will be hield at' t 9:30 o’clock Saturday morning at | < the home and at 10 o’clock at the I St. Paul’s Evangelical church in ) Harrison township, with Rev. Gra- ; per officiating. Burl;! will be nude I in the church cemetery.

WHEAT PRICES CONTINUE GAIN Other Grain Prices Keep Pace W ith New High In Wheat Prices New York, April 20—(UP)— Frenzied buying from all sections of the country today sent the stock market soaring from one to nine points and utterly demoralizing the ticker system. Chicago, April 20.—(U.R)—Wheat j soared more than 3 cents a bushel , on the board of trade today in response to inllalioiiaty tendencies. May wheat opened at 68*/i cents a bushel up 3% cents; July 69 up 2%. and September 71 up 3%. All prices were new highs on the wheat crop. The advance in' other grains was equally spectacular. Corn rose by margins of from 1% to 3% cents, with the September future opening at 40 to 41 cents. On the basis of minimum gains, the advance io wheat and corn prices added approximately $27,860,000 (M) to the value of grain held on ihe farms. Farmers were potentially $5,340,000 richer on the 178,000,000 (M) bushels of wheat : in their bins and $22,520,000 ahead ion their 1,126,000,000 (B) bushels ! of corn in cribs. Oats, rye and barley also achieved spectacular gains. Oats were I' 4 to 2% cents higher; rye was up 3 to 3% cents and barley was 1% to 2% cents higher.: The advance, spurred by abandonment of the gold standard and in accord with the booming stock market, began where the market ; left off after yesterday’s sharp upturn. Provisions joined in the upturn, i with meats up to 10 to 12 points, and lard 60 to 75 points higher. Not since the hectic session of j October, 1929, when the marko's I of the country broke with tlie stock market crash, had there been such ‘ a stormy session in the Chicago 1 I grain pits. With that exception, it was the most drastic change since K’ONTINI’EI) ON PAGE FIVE) 0 SCHOOL BOARD MAKES RULING State Aid Laws Will Force Placing Some Teachers On Half-Day Basis Members of the Decatur Board of Education met in regular session Wednesday evening The mom hers are finding the reorganization of the schools for the coming year an exceedingly difficult task. The salary aid law passed during the recent session of the Indiana General Assembly provides that the minimum salaries will he paid by the state on the basis of one teacher for each 35 pupils in grade schools, and one teacher for each 25 pupils in high schools. In accordance with this law. the local school board will be compelled to place ten or twelve teachers upon a half-day basis. The board feels that this arrangement will be much better than discharging any > teachers. This arrangement will decrease ! the efficiency of the school system [but the isiard is doing all within its power to meet the spirit and intention of the new school laws. The board this morning received its recognition statement from the ‘ ' school inspector. The schools at present have the highest ranking The North Central Association of (Colleges and secondary schools also gives the Decatur schools first classification recognition. Ward teachers have been asked to ascertain the prospective enrollment for the first grade next year as this will be necessary in reorganization plans. There will he } only one entrance next year in the first grade. All children who are or will be six years of age on or before February 1. 1934. will be admitted to school September 4. Berne Bank To Make Payment Saturday D. J. Harkless. liquidating agent of the Peoples State Bank of Berne, I will make a ten per cent distribu- | tion to depositors Saturday, April 22. A total <>J Hhout $17,000 will be I released and all depositors whose j accounts are $lO or less will be paid in full.

FurnUbed My Uaifrd Frew

FEAR NATIONS WILL DEPRESS CURRENCIES Some Fears Expressed That Nations Will Start Inflation War DOLLAR'S VALUE FALLS RAPIDLY (By the United Press) The value of tlie American dollar fell rapidly today as it “sought its own level" among the currencies of Hie world, and ihe financial capitals of all other countries felt sharp repercussions to this nation’s abandonment of the international gold standard. T.egislatior giving the President supreme power tn inflate American currency was approved by Mr. Roosevelt and awaited introduction in congress. It is believi ed certain to he passed. In New York and in many capi- i tals abroad fears were expressed that Great Britain would meet dollar depreciation by depressing ■ the British pound, thus launching . the Anglo-Saxon nations upon a i war of inflation to see which wouid get its money the cheaper to bolster international trade. This, it was felt, would draw in other nations and would force France off the gold standard, too. In Paris, however, it was under- f stood that no immediate gold embargo was planned. The government and ti'ie hank of France pursued a waiting policy, hoping. that America's move away from gold was only a Roosevelt, maneuver to improve his bargaining position in international economic discussions. Possibility of inflation of ! French currency to meet the depreciation of the dollar was the subject of widespread speculation. | however. The bank of France took the position that America had no* necessarily actually abandoned the gold standard. Sir Josiah Stamp, leading British financier and a hank of England director, said he did not consider that the United Sta'es was really off the gold standard, and predicted that the American gold embargo would benefit the world if it succeeded in raising world prices. Sir Josiah, whose word boars as much weight on financial matters in the British empire as J. P. Morgan’s does in America, said he was “unprenared to admit that the Uni’ed States is off the go'd standard " “It is all a matter of definition." he said, “but if America's action results in a price ,ise in the United States, then it is just what was wanted, although it will be better for tlie United States J than for Great Britain “If it results in a rise in the world prices, then it will undoubted!'- be of lasting good to the world." Tlie British press generally expressed grave concern, however, and talk of retaliatory action by Britain, either to raise the dollar or depress the pound, was widenwi'l Vl'Eli ON PAGE FIVE) K. P. MEETING HERE TONIGHT District Conference Will Be Held At Local Lodge Home Tonight Final preparations have boon J made for the district K. of P. rneet- . ing to be held here this evening at the K. of P. honv on Third street. . Kekionga lodge will be host to . visitors from 12 other counties and j several grand lodge officers will at.l tend the meeting. , Edwin Thomas. Fort Wayne, grand chai-cellor of Indiana, E. I). Gray, Fort Wayne, deputy grand chancellor and Carl .Mitciell. Indianapolis. grand keeper of records and seals will be here. Chancellor Thomas will deliver an address ing the evo ing and words of wel- . come io the visitors will be extend•l ed by O. L. Vance of this city. I An initiation will take place dur- ■ ing the program, th- ritualistic > work being in charge of GAant Fry, > ■ Chancellor commander of the local lodge.

Price Two Cents

Hold Commencement At Hoagland School Commencement exercises for 14 ; seniors were held at th Hoagland ‘ high school Wednesday night. Conn- [ ty superintendent D. O. McComb presented the diplomas and Kelro [ . Whiteman, principal, presided. Judge Clarence R. Mc-Natb of the ' Allen circuit court gave the commencement address. Members of j the graduating class are: Florence | I 8r0w.."., Willo Fry, Albert BohnkeJ Glendora Brokamp, Joanna Broki.mp. Clyde Clayton, Helen Franke, ! Luther Hoffman, John Houk, BerI nibce McLellen, Ida Miller, Mary i Ray, Wilfred Scherer and Cora . ; Sheehan. GIVE PROGRAM FOR SERVICES Pleasant Mills Baccalaureate Services Will Be Held Sunday Baccalaureate services for the | senior class of the Pleasant Mills high school will be held in the. Pleasant Mills high school building Sunday night, April 23 at 7:30 o'clock. The sermon will be delivered by Rev. J. M. Pynchon. The class ■ motto is "We Have Launched, Where Shall We Anchor?” A class of nineteen will be graduated from the high school at the commencement exercises Thursday, ‘ April 27. Henry Snyder is princi-, pal of the school and other teachers are Mary R. Gulick. Velma M. Fortney and Helen A. Schenck. The program for the baccalaureate services is as follows: Music, selected — 7th and Bth grades. Invocation —Rev. Peters. Duet — Lola Patterson and Berniece Walters. Scripture Reading. Solo—Mary K. McMillen. Sermon —Rev. J. M. Pynchon. Duet —Lola Patterson and Lucille [ Mauller. Benediction —Rev. Pynchon. JAPAN TO PAY ALL DAMAGES Will Make Full Payment For Damages To Foreign Mission Property Peiping, April 20 —(UP) —Japan will m ike full payment for all damage caused American and other foreign mission property by til. iximb- , ing raids of her military airplanes, i the Japanese legation announced today. Only one exception was made. It must be shown that the- bombed missions were not harboring Chinese troops. The announcement came as American missionaries filed through ‘ the American legation protesting numerous ‘bombings directed at American Missions throughout the North China are i where Japanese troops are in control. It was understood th? American legation had prepared formal representatior.s. Japan alre.dy lias paid s6l)l‘ in silver for damage to the French Catholic mission at Chienchangy- : ing. She paid SIOO to tilie Methodist mission at Shanhaikwan which w is ti-niporarily occupied by her troops. ' (CONTINUED ON PAGE FIVE) Petitions Ouster Os Chicago Mayor Springfield, ill.. lApril 20-(UP) —Action was started in ti'ie Illinois supreme court today to oust Mayor Edward J. Kelly of Chicago from office. A motion for a writ of maud rmus w is tiled with the clerk seeking’ to compel the Chicago city council to ' call a special election at which a successor to the late Mayor Anton J. Cermak would be chosen. Frank Brosseit of Chicago tiled the ’ motion. 1 Senate Considers Farm Relief Bill Washington April 20 — (UP) — - President Roosevelt’s two billion ■ dollar farm mortgage relief nn asure i was brought before tlie sen rte to- • day witli the plea that "half hearted ■ measures" be ab ndoned in favor of , a plant to halt Hie "cruelty end 1 unwarranted hardship" of foreclosI ure.

YOUR HOME PAPER—LIKE ONE OF THE FAMILY

AUTHORIZES PRESIDENT TO ISSUE NOTES Measure Makes Federal Reserve Board Agent In Conducting Plan RAINEY CHARGES CONCERTED EFFORT Washington, April 20. —(U.R) —The administration currency’ inflation bill was put in final approved form today and at 2:45 p. nt. was being prepared for distribution simultaneously with its appearance on the senate floor as a rider i to the farm bill. As explained by one of the ! conferees who participated in nerfecting the final draft of the bill, it contains the following? 1. Authorization for President Roosevelt to issue three billion dollars of Uni’ed States notes. 2. Authorization for change in ihe gold value of the dollar within a range of 50 per cent. 3. Authorization for the acceptance of silver up to the value of ; 100 million dollars in payment of world war debts. The new draft makes the federal reserve board the President’s agent in carrying out terms of the inflation plan. The board’s func--1 tior would be to buy or to sell government bonds to contract or expand the currency. Purchase of bonds would be made with the proposed United States notes. While a three bil'ion dollar limitation on the note issue is proposed in the bill, the United Press understood tha’ there is a ciualifying clause which would nermit the President to exceed that figure. One of the senate conferees engaged in nerfecting ’lie bill tol l the United Press: “It takes the money power from ; New York and places it in Washington. The bill takes the power of expanding and contracting the currency from the federal reserve banks and gives it to tlie President and to congress.” Makes Statement Washington, Anril 20 — 'U.R) — Sneaker of the House Rainey today charged a “planned and concerted effort” on the part of “nations tied up with tlie English (COKTIXT’KO ON PAGE FIVE) O-- . Highway Hoad Says 50,000 To Be Hired ‘ladianapoiis April 20 —(UP) — A revolutionary change in state highway department procedure which should give employment to more than 50.000 men was announced today by Janies D. Adams, chairman. Th ■ plan entails drastic curtailment of high type hard surface roads. It will mean the expenditure of several million dollars in improving ,nd constructing secondary roads, widening rights of way, and building shoulders. Adams explained. FIRST BEER TAX PAYMENTS MADE Three Importers I’av Taxes of $3,601.48 To ‘ Excise Director Indianapolis. April 20.— (U.R) — First payments of (lie 5-cent a gallon beer tax were arriving today at. the office of I’gtil Fry, state excise director. Three importers paid $3,601.48 tax for the first week. They were ■ the Southern Indiana Beverage Co., Evansville, $1,083.95; the South Bend Beverage & Ice Assn., South Bend. $1,462.28; and the Midwest , Beverage Co.. Lafayette. $1,055.25. The two importers in the districts surrounding Indianapolis expected to pay about $7,500 on 70,000 cases. I Tlie breweries received brewers’ permits late yesterday. They were - Hie Continental Brewery Corpori ation. Hamtnond, anti tlie Zorn ’ Brewing Co., Michigan City. Tlie Continental Company incurI porated yesterday with the sscret tarv of state, incorporators were I Patrick J. Gormin, George W. Partnley and Howard J. Gescheidler.