Decatur Daily Democrat, Volume 31, Number 145, Decatur, Adams County, 20 June 1933 — Page 5

Kwii king ■vori.D REVISE ■ I'E PER AL TAXES i ■ ■ 11 ■tINUED from FAUM ONE) | 1*932, ’• King:' ■ .. Thilt could be done cither ; ■creasing income taxes or by i of n general sales tax. Per- ■ i don't want to increase I Krinal rate oil income taxes. Burn and women earning from are the backbone ■ country and in my judgment Ere paying enough. ■ there is pressure both for .' Esed normal rates and for a Eal sales tax. The sales tax Em is complicated by the fact l Eiany states recently have re- . E to that source of revenue: E 'de federal government enEa sales tax law we simply E be adding to the duplication E already exists between fed- . Eand state laxatiolls - 111 ,n - v ' Eent- however, a sales tax E permit reduction in the inE taxes. Evril CLAIMS ■ woman leader ■tINUED FROM PAGE ONE) Eas "Rose of the Ghetto." ■, Stokes came to America as Er worker. A member of an Ena id class of workers, she ■ acutely conscious of social Eices and devoted herself Eously to the labor move- ■ J. G. Phelps Stokes, mil Ere socialist - philanthropist. E interesting himself ia the E movement, met the intense. L tongued Russian girl and in they were married —a marI that shook society and pro- | dozens of 'Sunday supplei articles on the Cinderella nice that came true. ,e Stokeses were divorced in Several years later Mrs. as married Isaac tlomaine, a ' ami writer, s Stokes organized and parited in many strikes and cited the labor cause and ilistn from one ‘end of the try to the other. She was •need during the war to serve ' ears in Missouri state prison 1 violation of the federal mage act. She was pardoned the war. te in life she was converted jmnmnism and shortly before death site announced she d to live to see the ‘‘United is of Soviet America.” o Soys Outnumbered Girls lema, Mont. — (U.R) — Montana be a man's state —boys out>ered girls in the public ils. according to a state de-, nent of public instruction stirAt the last school census i were 82,843 boys and 78 066 listed in the various public lutions. o Cat Mothered Rabbit n Angelo, Tex. —(U.R) —A cat. 'd by Miss Martha Elizabeth: ey, raised a rabbit with her: :1 of kittens. The cat took the] it from a nest in a field j >y. o Giant Mushroom Found rmotrth, Ind., —(UP)—A giant ■room measuring 9ft riches in ht and the same distance nd was found here by Miss [kdii j Fox.

J. S. Isolation Alternative To Arms-Economic Amity I 1 I 2* fc 1 St 5T 1 tJ' « L 4 'C J *** ** ' s 2 .i k< W feU-A * • ? . /Ki|g jHi - -—.JKI- v ' 2- 2L Jml -' ; I*3 ■(’ I I ’ -=•/ /W<seE A ■-4l*W I - « « RnosEVf-T : 1 IRRlOT^^^k*--— — *h ex-Premier Edouard Herriot of France S o ."^'" 1 ” "j rejecting other lce pact proposed by Premier MuMohnicH ,^. ly <; ’ ount uhii „f Japan •Posala for drastic cuts in arnwmen , nations, as defined by using to accept the U. S. .tend on Xge. be. au.e the ’’man Davis, President Roo.evelt’. "J. * e „"dy ‘,incrre in. it. fit. hi. country, it look. a. S is .trivlng Nor <loe. Britain's lire for the peace for which the U. S • ■ owerJ indicate that the ion in negotiating trade treaties ** . w ?|| be a success So it is thcoming Economic Conference at k r p a kdown of armament and luring to know that in the event of he w into it. shell -nd notnic parleys, the U. S. is all prepa , no w being drawn up •Ue a policy of isolation. To this end plan, are no army ►h. capital, which among other th.ng. rail for ..navy •econd to non. in th. world.

1 | ~P lans Bible in Verse Sublette, Kan.- (u.R) — a Kible written in verse would be more readable than the Bible in i present style, G. A. Tyler of Sublette believes. Accordingly, he has egun the task of rewriting the He has finished about 400 verses. * -Q- — Conduct Economy Tour To Chicago World’s Fair An escorted economy tour of the Century of Progress Worlds Fair at Chicago will be conducted by the Davisson-Mphurin Travel Service for three d .ys, June 27, 28 and 29 The escorted tour will be of special interest to high school pupils and will bp conducted at a minimum cost. Persons wishing information concerning the tour may call Principal W. Guy Brown. The Davissons aid Mrs. Mahurin are specialists in the field oi tavel, having conducted tours over the en , l , lre Worltl for the ia «t 20 years. life visit to the World's Fair will bo educational and instructive as well as entertaining aiod a sight seeing program has been arranged which will include all the lending | points of greatest interest. The cost of the tour will include I transportation from Fort Wayne to'l i Chicago and the return, entrance tickets to the fair, accomodations I at the hotel, all meals wii the ex-' ■ ception of three, services of guides : iand chaperons, transfers to and: from the hotel and exposition 1 grounds in :>n official sight sci-ing j I bus the first day, two and one half: hour lecture tour on second morn-I ‘feg and entrance fees to Belgian I Village. : The chartered bus will leavla Fort: . Wiyne at 7 o’clock Tuesday morn-1 ing and return to Fort Wayne at i '10:39 o’clock Thursday evening I Any person who can avail himselfj of this' opportunity to visit the’ world's fair s'lould do so. This is I : especially recommi nded for high ■ ’ school pupils. o Son Follows Griffith's Lead j Washington. - (U.R) —Calvin Griffith, son of Clark Griffith, former major league baseball star and now president of the Senators, is a candidate for a regular berth on the George Washington University nine. Young Griffith, a catcher, was a star at Staunton Military Academy, in 1932. — o Slump Hits Mayflower Society Boston.- (U.R) — The depression has laid a heavy hand on the Massachusetts Society of Mayflower Descendants. The present member'ship is 1,474, a net loss of 181 for ‘the plst year and a net loss of 242 [for the last two years. o Budget Was Almost Met j Aberdeen. Wash. — (U.R) — 'lll’s 'Grays Harbor city was within $9,000 of balancing its budget in 1933, I despite the fact that more than a I third of taxes due the city were , not paid. The budget was trimmed nearly $50,000 by rigid economies. —— . o City Sold Abandoned Autos Portland, Ore.—(U.R)—Seventeen automobiles picked up on the | streets and sold at public auction by the City of Portland recently, ■brought sll7 to city coffers after I towing charges were deducted. The 'city obtained $11.50 for old tires. jOnc ear sold for $5.

DECATUR DAILY DEMOCRAT TUESDAY, JUNE 20, 1933.

. i Shoestring Railroad Empire Built by Van Sweringens “J A a, E $ I ' A Z I V | * ■ ; < • ■■ Mos Hoot OP. \ ™'-L ; HEB \ IOW O/ -n ; SI t , ‘ 1 Map shows the Van Swer- / i | c * n g en “railroad empire” NEv 1 i ‘ j which, according to testiJ -J'j' [ i mon y the Cleveland j . za] magnates at Washington, j.. ! y’/ waa started with nothing rii | llJ i|.mr-” \ u t $2,100,000 borrowed ‘ E X from Morgan & Co. The \ loan was later repaid the ZjZ Cvsplp Morgans out of $11,700,- ' QUO the Van Sweringens x, /jt borrowed from the Recon- , |7 struction Finance Corpora_____tion.

By ROY WILLIS, h Special Correspondent 11 Washington, Juno J. —The method whereby the Van Sweringenh brothers, O. P. and M. J., Cleveland i railroad czars rocketed from com |i parative obscurity to the lofty peakji they occupy in the industrial world,l: ’makes the do-or-die heroes of Hor-p ; atio Alger look like so many lacka- j i daisira! numbskulls, and gave the 11 I distinguished scions of the Senate ji Banking and Currency Committee n la valuable lesson in high finance, i j when it was explained, somewhat 1 : reluctantly, at a recent session of i [the Morgan hearing. Steps to Success Under the, skillful scalpel of Fer- ; dinand Pecora, tounsel for the senlate committee, the skeleton that in- I I habits the fat carcass of the Van j Sweringea railroad empire was re-i vealed in all its pristine whiteness while committee members gasped,, :ot so much with that as at the j cupidity. | To begin with, Pecora drew an : admission from O. I’., the elder of ■the Van Sweringen brothers, that itliey had begun the' building of; (their railroad empire with nothing: I—pi us a $2,100,000 loan from the House of Morgan. From that first ; step onward, the Morgan firm guid- j ed the brothers, who formerly were j real estate operators, through an: I amazing labyrinth of financial 1 transactions, by which they acquir-l |,d railroad after railroad, inchid-1 ing the Che. ap.-ake and Ohio, Pere I Marquette, Nickel Plate, Missouri |

Pacific, Chicago and Eastern Illinois and the Erie. Control ot this , , vast network was acquired with, ' small, or no, cash investment by ; 11he Van Sweringens. Huge loans, | from the House of Morgan and a> I switching back and forth of various , stocks, plus millions from the in-1 I vesting public, did the job. Morgan Loans I A few of the gigantic loans to I jI he Van Sweringens by the House lof Morgan read like figures from al i national budget report. For in-1 | stance, in 19.10, Morgan and C 0.,, loaned the railroad building broth-, lers a total of $39,500,000, of which | sum $19,000,000 went to pay off : brokerage borrowings. Strangely I enough, O. P. Van Sweringen. who could reel off those figures just as; easily as yu or I can say “a dollar ninety-eight,” had the greatest dis-, Acuity in rememboring.‘whether any of hi own or his brother's funds , were used in the purchase of con-: trol of the various railroads they I dominate. Financial “Doubie-Play” Here, if you are not a financier, you may ask in puMlement if Mor- j gan and Company were ever repaid what they loaned the Van bweringens. If so. you may ask: “who supplied tlie cash.’’ The answer to thia is something of an object lesson in financial genius. For according to facts established •by Counsel Pecora, the House of Morgan suggested to the Van Sweringens that the brothers go to the United States government and get the money to pay off their, millions in debts. As an excuse foi the suggestion, it was implied that failure to repay the loans would necessitate the Morgan firm's throwing the Missouri Pacific railroad into receivership. Pecora questions the sincerity of that threat. However the Van Sweringens I acted upon the Morgan suggestion land when the Reconstruction Fln‘ance Corporation was created, they

were first in line to borrow public I money. > It is a matter of history how sll,-1 700,000 came out of the U. S. Treas-1] ury into the Van Swerihgen cash I register and thence to the Morgan , I vaults —a double play with John Q. I Public out at first base holding the I well-known sack. ' What amazed everyone who list- > ened to counsel Pecora draw out I the facts, was the ease and sim-|| plcity with which the entire operations were carried out. Not only was the Morgan firm eager, apparently, to lend its resources to the Van Sweringens for their empire building, but Uncle Sam’s pet philanftiropy, the R. F. C., was also a willing helper. It’s all very puzzling—but it’s high finance. Cotton Drees Replace? Gown ;i Greensburg, Pa., (UP) —Cotton i| dresses —not to exceed $2 each—are to be worn by girls of Greensburg high school’s senior class in-

stead of the customary caps and gowns this year, it was decided recently. The move was decided upon in the interests of economy. 0 ; Whoopee Argument in Court Chicago.— (U.R) Mrs. Harry A. , Michael liked to make whoopee at 'night. Her husband, who worked] las a street car conductor, wanted Ito sleep. Their differences led : them to the divorce court. o ,» New shipment of Nellie Don Dresses just arrived. E.

F. Gass store. | ADAMS THEATRE i - Last Time Tonight - “THE EAGLE AND THE HAWK” with I Fredric March. Carv (.rant. Jack Oakie, Carole Lombard. ' Added-Zasu Pitts and Thelma Todd Comedy and Organ logue. 10-20 c WED. & THURS. — “THE CRUSADER” with Evelyn Brent, H. B. Warner. Lew Cody, Ned ( Sparks. Marceline Day. IL Min Bl ■ IMM iirm wwnwn .. ,i THE CORT - Last Time Tonight - Nancy Carroll “CHILD OF MANHATTAN” John Boles Chas. (Buck) Jones. i Also--Andy Clyde Comedy and News. 10-20 c WEI). - THURS. “LAWYEII MAN’ William Powell, Joan Blondell. Also— Broadway Brevity. 10-15 c SUN. -Warner Baxter “DANG-ER-i OUSLV YOURS" and Jack Pearl “The Baron Himself." oaKEEasKsaaMMKaBBBu I ■-

Serve Better Foods For Less! BY SHOPPING FROM THESE (WEDNESDAY) MID-WEEK BARGAINS

WHAT SH ALL WE EAT TODAY? Strawberries Corn Flakes French Toast Butter Syrup Coffee Milk Luncheon: Cabbage and Pineapple Salad Bread and Butter Cream Cheese Crackers | Preserves or Jelly Iced Tea Milk ’ Dinner: Jellied Consomme Cold Sliced Lamb Carrots and Peas 1 Sliced Cucumbers Rolls and Butter Strawberry Shortcake Coffee Milk Breakfast: Cantaloupe Shredded Wheat Toast Butter I Marmalade Coffee Milk Luncheon: Crabmeat Salad Bread and Butter Sandwiches Apple Sauce Spice Cup Cakes I — Bring a breath of spring to breakfast F/We Ji

FISHER G HARRIS Phones 3 and 4 'Lemons, Large QQz* Beechnut Catsup 1 SunKist, dozen. .OOL large bottle .... L«/U SunKist Oranges, med. Pineapple 1 Of* size, 2 dozen each ■ AVL (Dozen 19c) ...OOL Vanilla Wafers IQp Red Pitted Cherries pound 1 «7C No. 2 can IOC Vegetable Soup No. 10 Gal. can. . 48c Milk< Ta) | cans i» et , CarWhite Naptha Laundry nation or 1 a Soap Borden, 3 for.. LOv 10 bars Salad Dressing 10c lodine or Plain Free quart jar . . .. V Running Salt | „ Quality Golden Rio 2 boxes LOL Coffee, quart QO,* Head lettuce, A. t jar ... large s’s. head. .. «’U Chase and Sanborn Syrup. Golden Coffee, No. 10, gallon.. rOl pound A4MV Him MIHM Hi Ml ■-! lIMIIIUH— IWMITT— —~ r ~^ r ~ Wednesday Specials Hamberger and Sausage, 3 lbs. 25c Nice Beef (6 Boil 3 lbs. 25c Sugar Cured Bacon Squares.. .3 lbs. 25c Fresh Pork Steak Ib. 10c Fresh Rendered Lard 3 lbs. 25c Good Cottage Cheese pint 10c Creamery Butter 2 lbs. 53c Fresh Spare Ribs 4 lbs. 25c Sour Kraut, large cans 3 cans 25c Fresh Bologna, Frankforts, Pudding, Brains 3 lbs. 25c Fresh Pork Liver, all you want.. lb. 5c Deliveries Any Time Phone 106 or 107 Mutschlef s Meat Market

Iced Tea Milk Dinner: Vegetable Soup Tomato Cheese Souffle Baked Potatoes Rolls and Butter Frozen Fruit Salad Coffee Milk Breakfast: Stewed Prunes Bacon and Eggs Rolls Butter Coffee Milk Luncheon: Cold Cuts Potato Salad Bread and Butter Strawberries i Iced Cocoa : Dinner: I Veal Chops Creamed Potatoes Sauteed Pineapple Tomato Aspic Salad Bread and Butter Chocolate Eclairs Coffee Milk : Breakfast: Orange Juice Liver and Bacon Muffins or Waffles B'utter Quince Preserves Coffee Milk Luncheon I or Supper: Pressed Veal or Chicken Perfection Salad Bread and Butter Iced Watermelon Lemonade Dinner: Broiled or Pan-broiled Beefsteak Parsley Potatoes Beets and Spinach Grape Jelly Bread and Butter Strawberry Tarts | Coffee Milk Breakfast: Sliced Oranges Grape Nuts Toast Butter Qqince Preserves Coffee Milk Luncheon: Spanish Omelet Bread and Butter ' Pineapple and Grapefruit Salad Iced Tea Milk ' Dinner: Roast Pork Baked Potatoes Creamed New Cabbage Apple Sauce Bread and Butter iSnow Pudding Custard Sauce Coffee Milk

X (N ll’Xvvtr :-'jn

Constable Named in Add Suit Plymouth, Ind., —(UP) — Con- j stable Charles Miles has been nam | ed defendant in a $10,(11)0 damage i

WEDNESDAY SPECIALS Veal Pocket Roast 10c, 3 lb. for 25c Boiling Beef, rib or plate 3 lb. for 20c Meaty Spare Ribs 3 lb. for 20c Haniberger or Bulk Sausage.... 3 lb. for 25c Lean Pork Steak or Roast 10c It) Our Best Sliced Bacon 20c lb Tender Beef Steak 18c lb Meat Loaf Special (Beef ’ Po,k & Vcal) 2 lb. for 25c Fresh Cottage Cheese 10c pt. 2 lb. box of Crackers 18c Phones 95 and 96 H.P. Schmitt Meat Market WEDNESDAY FOOD SAVINGS Cantaloupes •JX/* Cali. Selects, 3 2/ \ Oranges, Cali. QT/* X Lemons, SunKist Tv * U " J u ' ce ’ Tomatoes, Fancy I'T/* atofa f H,,t House ’ ,b 1• v '.cZ a Tomato Soup. Barbara Illi : Apricots 2 “29c Country Club, Choice Quality in Heavy Syrup Corn Flakes 2 :: Wc POST TOASTIES, KELLOGGS O large HL, • CORN FLAKES pkgs. UU i 2 Small Packages. .13c Sandwich Spread .x : 25c Soda Crackers z 19c BREAD 7 f . 1/a tb- loaf 4 v FLOUR r.7« Country Club, Sliced 24 tb "-ack tb. loaf 5c LAYER CAKE ‘ML. Avondale, For All Baking. I 2i/ 2 th., 2 layer O»/V Yellow Cake with Butter- Scratch Feed OJI rCQ cotch Pecan Icing. 100 Ib. bag — M M h. SL79 Carnation, 2 for x.x.wz Nationally Famous ■ ||]V n ' AKES 2 19c'C: 22c SUMMER SAUSAGE THURINGER — Pound jfil

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suit by Mrs. Louis Hammell, who charges she is suffering from a stomach tumor, cause dby being struck during the liquor raid.