Indianapolis Times, Volume 34, Number 91, Indianapolis, Marion County, 26 August 1921 — Page 2
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WATSON, NEW FAVOR CHANGE IT. S. Senators Believe in Requirements for Admission to Bar. United States Senators James E. Watson and Harry S. Sen- have expressed themselves as strongly favoring passage of the proposed Eighth amendment to the State constitution on Sept. 6. In letters to Russell S. Williams, chairman of the State Committee working In the interest of the proposed change in the Con stiturtor which would permit the Legislature to pass a law requiring profee siona! qualification of porsons desiring tr practice law, Senators state that there is no opposition to the mcasare and that limitation should be placed upon those admitted to the har. Senator ,Watson writes as follows: “There is not now and never has been opposition to the proposed amendment to the Indiana constitution permitting the Legislature to fix educational and professional requirements for the practice of law. The physician, the dentist, the teacher and a score cf others are required to pursue a prescribed course of study and pass requisite courses of studies. It is of equal Importance that 4he educational and professional requirements should apply to the legal profession.” * "I think by all means there should be a limitation noon those who are to be admitted to the bar and to the practice cf the law In the State of Indiana," .Writes Senator New. "This privilege -s one of the highest and most honorable that can be granted a citizen, and I (have seen it abused in so raspy instances that I am g'.ad to say that 1 am heartily in favor of due restriction being placed upon it.” GIVE DEFENSE OF ELECTRICAL MERGER PLAN (Continued From Fnge One.) •ale of the Merchants property without a complete valuation. £ These ctatemqnts were followed by o ’detailed statement of the taxable valua (ions of the utilities involved, including real estate, which total only Sl2.llo.oftS In a statement to the commission. Mr. .Ashby said he would not oppose anything which would tend to increase quality of service or decrease costs, but he did object to the authorization of secur ities In excess of the actual value of the properties. He declared valuations for taxation and for rate making purposes should be identical. In conclu<ion he said the commission has no 'power to authorize the issuance of securities in excess of property valuation. Fred Bates Johnson, former member of the public service commission, representing the city of Ivokomo, objected on the same grounds, declaring there i- no way for the commission t escape making a detailed valuation. He declarej on the face of the company's own figures the proposed capitalization is In excess of valuation. - Mr. Johnson read from a memorandum In which he detailed th- law on the sub Jeet and presented valuation figures in detail. His data showed the company is valuing the property of the utlillties involved at a total oi $19.121.(K> J : that the ; reconstruction new valuatoins estimate*! by the commission is Sll.-tM.-M2; that the present value of the property •' fixe*! by the commission is St !*rv. .T7l and that tht tax board s valuation exclusive *.f real es tate Is $11,112,582. *• Following Mr. Jackson. Mr. .Vshh;. made a brief statement objecting to lump val uations on (he gr'*un*l they would -oni plicate rate questions. William E. Wider, representing the *-ilv of Elkhart, asked about valuations of tic Eikh.-vt property and voiced objections •Imtlsr to those of Mr. Johnson and Mr Ashby. William L. Taylor, representing In dlanapoßs power users, expressed the fear that epaitalization will have om* bearing on despite the require ments of the law and the attitude of tin public service commission. MONET NEFDF.O APPROXIMATELY glS.Opn.noft. At this point Charles McPherson. ajiother attorney for the corporation, made It plain the company is asking that rat's be not Involved In the commission's order and declared the amount of proposed •ecurities is not in conflict with the law. He pointed out the securities probably would not sell at par and the actual amount of money probably would- be far below the paper capitalization. He said the proceeds of securities should be 10 per cent to 13 p“r cent above the property value and the actual amount of money needed is between $18,000,000 and $10,000,000. He said the corporation's contention Is that securities reasonably neoesaary may Is* legally issued and it believes the proposed securities are reasonably necessary. The first witness for the corporation was William J. Hagenah, i hicago. a utility expert, lie testified he made an inventory of the property of the Merchants Heat and Light Company In 1017 and this inventory on the basis of the uverage price of materials between 1914 and 1920 shows a valuation of $11,480,000. This valuation, he testified, is exclusive of working capital and intangible values, but doea contain 15 per cent overhead construction estimates and that nothing has been deducted for depreciation. Mr. McPherson explained It is the company's theory that going value offsets depreciation. EXPERT VALUES MERGER COMPANIES. * On the basis of “natural trend" prices, he said the property of the Elk hart company, using the same theory as used in the case of the Merchants company. is ses>.:’*Bs. He said, using the 1914 to 1920 average prices the property won Id be worth SBOO,BBO. On the same basis he said the Valparaiso property is worth $283,217. or $315 864. according to the prices used for calculation. On, cross-examination, Mr. Haganah said additions to the Merchants company since 1917 amount to $1,400,009. making the present valuation os the bas sos his calculation $12.880 000. In answer to a question by Mr. Johnson, he -said it would have cost only $*.0i9.437 to reproduce the property on a basis of the average cost of materials for the three years preceding 1917. He said the actual reproduction value today would be 10 per cent higher, or $8,447,380. The property la listed by the corporation, in its petition as worth $11,800,000. Two Bankruptcy Petitions Are Filed Two petitions in bankruptcy, a voluntary petition by Thomas J. Foster, farmer, of Ladoga, and a creditor's petition against Burt Turnbloom, garageman of Montgomery. Daviess County, were filed In Federal Court today. postr r scheduled liabilities of $10,511.96 and assets of $5,508. The creditors' petition against Turnbloom was filed by the Flak Rubber Company of New York, the Johnson Oil Refining Company of Chicago; the Brooks Oil Company of Toledo, the Tire Sales Corporation cf New Albany and the Kentucky Consumers Oil Company and Robinson Brother A Cos., both of Louisville. It Is charged that Turnbloom committed an act of bankruptcy April 2ft 1921. when he made an assignment for benefit of creditors with FlorianfeA. Seal of Washington, lnd.. as trustee. LIFE RESIDENT DIES. Mrs. Hetty Green, fib, died at the home of her sifter. Emma E. Brawner, PUT . North Seville avenue, at 8:45 o'clock this Imo min g. • Mrs. Green had been a life long resident of Indianapolis. Funeral , arrtE Cements hare not been completed.
Every Man Gets the Idea Now and Then That He Can Wear Some of His Old-Time Collars !,IJ DON herold
) Want to ' ) j H'fcAß any ( / OE THkM. \ . rZIzA '|J|g T~ \jT/s) the wife must hme put them in with a hydraulic press I— ■ 4
SPEND $12,000,000 TO SHAKE THIRST Hoosiers Pay Tremendous Sum for Soft Drinks. Hoosiers must be a thirsty lot, f**r they consumed more than $12,000,000 worth of soft drinks between July 1, 1920, and June 30. 1921, according to figure* obtained by the department of in terual revenue. Government officials >ay that could 'he total amount of money expended on -white mule," illicit but- - bond Stuff, home brew mixtures and other offiriallv forbidden, kick-pro-ducing thirst extinguishers be determired. the'figures would stagger human belief and would make flic Government war debt look astonishingly stnail. Out of this expenditure for soft drinks the Government obtained $1.209.2*0.77 as soda tax. Os this amount more than one-half came from soft drinks served at soda fountains, while the balance was for bottle*! beverages on which thtax was paid by the manufacturer. 3 MORE ARRESTS IN WEEDING OUT FINANCE GANG (Continued From Page One.) Chicago member of the band, asking tor *5.000 immediately. Kohn was under ar-r-ttt and did not reply. Roberta body was found in Lake Harriet at Minneapolis late yesterday. The trail of “frenzied finance" tracked through the world of business by the Worthington French band of "financial * pirates" led to the blue- bloooded environs of British royalty, according to revelations. It was learned that members of the Rrltish royal family in London barely es* aped being dragged into the "suyker net" of the Worthington French land. The plot, which was to Involve royalty, i included the formation of a gigantic : $500,000,000 "world merger" to fight the United States Steel Corporation, UnAmerican Rubber “trust and the * oai i Trust." These startling facts were gained by Federal agents from a “little brown book" owned by Alva W. Harshman *>f | Milwaukee, the Government's chief wlt- | ness against the band. The first step in formation of the I -world merger" already has been taken, according to records In the “little brown ! book." This was the capitalization of i the $25,000 American Rubber Company at *2.000,00-1. This concern was incorporated in the State of Delaware. The next step | was the formation of a $500,000 steel corporation. the capitalization of which would |be increased into the millions later, j Another company for the promotion of : railroads was to be the third concern in i the **world merger." It was In the Interest of this “merger" that representatives of French went to • London to Interview British capitalists. : The name of J. Plerpont Morgan was used freely in disposing of blocks of stock In the "merger.” The “little brown I book” shows that negotiations were actually afoot with members of the reigning family. MORGAN “SPILLED THE BEANS.” All sales Ml through, however, when a “doubting Thomas” casually asked Mr. i Morgan who was in London, whether he was Interested in the “merger." “Never heard of French,” Morgan re- - plied. •This was the tumbling point for French's air castles. His agents then returned to America. “Tho magnitude of the plans of French and his gang is simply inconceivable,” declared Col. John V. Clinnin, assistant j United States District Attorney. | Clinnin declared the Government's I probe now leads from California to Wash- , inffton with Individual investigations In : Texas. California. Missouri, Colorado. I Ohio. Delaware, Illinois and the District I of Columbia. Another Killed in Sicilian Feud CHICAGO, Aug. 2fl— Another victim was charged to Chicago'* bitter Sicilian feud today when Domine Cattillo, retired grocer, was shot to death in the “Bloody j Nineteenth ward." Three assailants fired five bullets into his body and then hacked away at his fallen form with stilettos. The murder occurred Within a (ew feet of the spot where Joseph Laspisa\ labor leader, was slain a few weeks ago.\
‘Grand Old Man' of Wall Street Is 99 Years of Age Today NEW YORK. Aug. 2ti. Wall streets “grand old man." John A Stewart, is 99 years old today, and lie lias lived long enough, he beiievef, to tie quite >iitt* the world is improving and that the old t’mes are not the best after all, as many old timers eiaim. The "grand old man" still is strong enough to walk briskly without tlie tise of ;i cane an<l he reads newspapers with out eyeglasses. Furthermore, lie is an active chairman of the bord of trustees of the I'nltcd States Trust Company. UNION CHIEFS TELL MINERS TO TURN BACK (Continued From Page One.) barracks for West Virginia. They point ed out. however, that this is a recruit ing station, and that as soon as re<-rui;s are trained they are moved to another station, and that sneh a movement might account for the reports. A O TROOPS ORDERED OUT, SAID AT FORT Denying reports that Federal troops stationed at Columbus barracks. Colurn bus, Ohio, hail entrained for Camp Sherman. Ohio, en route to West Virginia. th“ positive statement was made at the headquarters of the Fifth Array Corps area at Ft Benjamin Harrison today that no troops had neen ordered to the coal fields of West Virginia It was stated, however, that the first battalion of the 10th infantry ami a separate detachment of 150 men had been ordered to proceed from the barracks to Camp Sherman “That is as far as our ord* rs go," it was stated. The report that the troops were to be joined by the 19th infantry at Camp Sherman and nrocegd to West Virginia was denied. No statement was made as to whether the movement from C Rumbus had any connection with the West Vlr* giqia trouble. 4,000 MEN, HEAVILY ARMED, IN LINE LOGAN, W. Va.. Aug. 26. —Four thousand heavily armed miners, marching on Logan County, nre twenty miles away. Airplane observers brought this information to Sheriff Don Chaffin at 2 p. m. today. The invaders cannot, reach here until Saturday noon, it is believed. DESTROY SEIZED LIQUOR—HAYNES WASHINGTON, Aug. 26.—Federal Prohibition Commissioner Roy Haynes, in a general order today to prohibition officials ordered the immediate destruction and disposal where possible of sto.ks of liquor seized in enforcing the national prohibition law. Automobiles, vessels and other vehicles taken from bootleggers also must be disposed of and a report made by each official before Sept. 15. “Storage of confiscated liquor and property is now costing the Government thousands of dollars daily," Haynes said. THIN PEOPLE NEED OITRGPHOSPHATE All that most weak. nervous, thin, mentally-depressed people need is ten grains of pure organic phosphate with each meal for a few weeks. That's what nerve specialists in London, Paris and New York are prescribing with wonderful results. It is natural tood for nerve and brain cells and is known to such reliable pharmacists as Hooks Drug Stores as Bitro-Phosphare. Because of its power to help create heultby flesh and strength en weak nerves, much of it is being sold to people who are lacking in vitality Caution: Although Bi(ro-Phosphat* Is an excellent aid in relieving weak, nervous conditions, its ote is not advised unless Increased weight is desired —Advertisement.
INDIANA DAILY TIMES, FRIDAY, AUGUST 26, 1921.
SHOP CRAFTS OPPOSE ORDER U. S. Rail Board Decision Stirs Protest. CHICAGO, Aug 2ft The Federated Shop Crafts representing 600.000 union railroad shopmen, today refused to accept the order of the United State* Railroad lathor Board regarding overtime and tie" working rules. The deetsiun gave tbe shopmen time and one half overtime, but abolished Sun day overtime, except on special oeca slons. , The refusal followed a three day con feretus* of the American Federation of I-a lx>r railroad department and was issued as a formal statement, signed by I’resi dent B M Jewell of til" Federate! Shop Crafts and seven other union leaders. A conference will lie called. If was stated. t*> arange for meetings with rail road executives to ascertain the attitude of the carriers of each rule of tho ded sh*n which is not acceptable to the men In the meantime, according to the an nouncement, the men are “directed not to become Involved in any unauthorized stoppage of work." “Failure to comply with this Instruc tion will be one act. that will defeat the Federated Shop Crafts." It was stated. Mary Baity President of Mary Association Mary Baity, 2932 Washington boulevard, was elected president of the Mary Association of the United States at the annual reunion Thursday* at Garfield Park. The remtUn'ng officers included Mary Teeler, secretary; Mary I’ettijohu, treasurer, and Mary Morrell, vice presi dent. * It was decided the next reunion will be held in Broad Rippic Park the fourth Saturday In August, 1922. Winners in the contests held follow ing the luncheon Included Miss Mary Johnson, the tallest Mary present ; Mary Christian, in the fat rare; Olive Marv Wagner, running race, and Mary Louise Hall, pitching the rolling pin.
| What 'lour Money 5 Will Earn DEPOSITED in this bank—subject to check, your money will earn 3% on an average daily balance. Interest remitted at the end of each month. Accounts in our savings department draw 4y 2 % interest per annum, payable semi-annually, May Ist and November Ist. Deposits made before the 10th of any month draw interest from the first. , 3% ON CHECKING ACCOUNTS. 41/2% ON SAVINGS ACCOUNTS. . J. F.WILD IIicOMPANYj
NEW DECISIONS CALLED FOR BY GERMAN PACT (Continued From Page % One.) Occupation would be maintained, although it might be very greatly reduced. PKF,SERVES RIGHT TO PUSH YAP CLAIM. The treaty confirms all concessions rarde by Germany In the Versailles pact and therefore is a confirmation of the right of the United States to its claim upon the Island of Yap. Girded by this confirmation from Germany In the Yap concessions, the United States Is in a position to push its claim that the Pacific Island be internationalized, for this Nation does not recognize the mandate handed over to Japan by the supreme council. What steps in the Yap controversy will follow the signing of the German treaty are still a matter of conjecture. Resumption of diplomatic relations with Germany, which become effective upon ratification of the treaty by the Senate of the United States and the German Reichstag, leaves for President Harding the task of selecting an ambassador to Germany. Although many names have been mentioned for this post the one most frequently heard in circles close to the administration Is that of . David Kayne Hill. The Administration is expected to ta)4p preliminary steps to set upon consular relations with Germany and It is probable trade advisers will be sent to Germany to do preliminary work prior to the ratification of the pact. BRING UP QUESTION. Or POLITICAL PRISONERS. A domestic problem of Importance which confronts the President as th*.* re j suit of the signing of tho treaty Is that j of amnesty for the so-called "po itical 1 prisoners." Some months ago when an | amnesty delegation called upon the Free ( Went ami urged freedom for Eugene V. j Debs and others now in prison for war offenses, the chief executive stated he did 1 not feel he could grant amnesty while i tho United States was technically at war i with Germany. *lt remains to be seen 1 whether the President will now feel It proper to release these prisoner*. There was a general feeling of satis fartiouin official circles here over tbe signing of the treaty, and in many quarters it was regarded as a singular coup for the Administration, inasmuch a* It gives tbe L’nlted States the right to par ticipate iu ail of the coinmlsuioncg established by the Versailles pact without imposing "any responsibility upon the Nation The United States also holds the light of enjoying the advantages of military clauses, the reparations, financial and economic clauses, those sections of the treaty relating to a.-rial navigation, ports, waterway* aud railways and ail other guarantees. Ratification of the treaty Is expected shortly after the Senate reconvenes. Sept 21. NO OSTENTATION MARKS SION ING BEK 1,1 N, Aug 26 leading German newspapers today expressed satisfaction over the signing of the German American peace treaty, but the people were waniail | not to expect too much from it. The public whs told that tho separate treaty with America will n*'t change the condi ! t!**ns that already have been imposed upon this country by the treaty of Yer rallies Germany Is expected to ratify the treaty without any delay, and German officials 1 believe the American Senate will not give prolong'd debate to the document when it is taken up The lack of ceremony attending the a'g:*!:-g of the German American treaty was ri deep contrast with the pomp and ostentation that accompanied the signing of th treaty of Versailles. Kill* I.orlng Dresei. American controls sinner. Ac companied by four members of hi* staff, f- de around the corner from It's headquarters to the German foreign office In a motor car which had been used : hj lbe American pence delegates st Purls Arriving at 'tie foreign office. Commit -.lnner I'rcs.-i and bis colleagues walked into the apartn. its of Dr. Von Rosen, the German foreign secretary, and after >i few preliminaries, sat down at a desk. | took up a lien and signed. I There were a number of American and | other correspondents anil photographers at the foreign office, but they were not allowed to witness the signing. About ten minutes later Commissioner 11resol emerged from the foreign secre tsry's room and said It was all over. The signing had taken only about ten minutes The movie operator* made up for their lost opportunity by snapping Mr. Dresei as he left tbe foreign office anil re entered his limousine. Thp American commissioner told the correspondents there had been no speeches, but Dr. Von Rosen, who re reived the newspaper men later, said that a few remarks bad been made. HIvKSEI, HOPES FOR FRIENDLY RELATIONS. According to the foreign secretary. Mr. I • rose! after signing, said he hoped that German-American relations would assume their normal course. Foreign Secretary Von Rosen revealed that he had said, in reply: “Germany, in signing this document, has her eyes upon the future We have | the hone and conviction that it will lead
11 Sailors Believed Lost in Effort to Row for Help
SAN FRANCISCO. Aug. 26—The desperate enterprise of eleven sailors in attempting to row 300 miles over rough seas to summon help for the sinking steamer, Canadian Importer, was believed today to have led to their death. It was revealed today that the Canadian Importer was mysteriously damaged last Saturday, her wireless being put out of commission at the same time. Nine members of the crew reported to the captain and volunteered to attempt the feat of rowing to shore. They were
to a resumption of formal relations, particularly economic and industrial.” The treaty text was drawn up in two parallel columns, one English and one German. Comparatively, it Is a brief document, much shorter than the treaty of Versailles. Commissioner Dresei will send the American copy by diplomatic courier to Washington. MAY USE FUNDS FOR PROTECTION Lake County Asks About Dangerous Crossings. Jesse E. Eschbaeb. chief examiner of the State board of accounts, in a lettei to the Lake County commissioners today said it would be legal for the county to appropriate money for cutting away trees snd shrubbery from roads, the painting of bridges and culverts and the placing of special signs on roads crossed by railroads. The county commissioners, through the Hoosler Automobile Association, asked If the county could appropriate money for this use. Mr. Eschbach said, however, the county could not, under tbe law, assist in making a survey of the county to ascertain just what was needed in the way of protecting automobile driver*. According to the county commissioner* Lak* County has more railroad crossings which seriously hamper auto drivers than any other county in the United State*. They said something should be done to proect the drivers. An appropriation will be forthcoming from the Hoosler Automobile Association to help the county, and. E Not let, secretary of the association, srtil. GET* DEGREE AFTER 45 YEARS BOSTON, Aug. 26—A degree for a course completed forty-five years ago has just been awarded Everett E Hapgood by the Massachusetts Institute of Tech nology. Hapgood completed his course with the class of 1876, with the exception of a required thesis, which he has just finished.
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Hot Water Bottles, Fountain Syrirges an 1 r mbinations pit Cut Prices No Mail Orders u ! * at These Reduced Tricrr. Bed Bug*. Fleas. Ants. Roaches, Files i lid Plant „*ig's Iniect Powder. Haag’s Pills for Indigestion, Sick Heac<. he, biliousness and Constipation The 7 Haag Cut-Price Drug Stores are Located in the Center of the Shopping District of Indianapolis* The Haag Drug Store at 156 N.- Illinois is only Six Doors North of interurban Station The Haag Drug Stores, 27 and 53 S. Illinois St. are m the Ist Sq. South of Washington Street, she Haag Drug Store, 101 W. Washington Street is in the Point Room of the Lincoln Hotel. The three other Haag Drug Stores are located at 114 North Pennsylvania Street, Virginia A.venue and 802 Massachusetts Avenue, Indianapolis.
joined by the first and second officers. A sail was rigged on a lifeboat and the little crew set out on the perilous Journey. Nothing has been seen of it since, but vessels putting out today to the relief of the Canadian Importer were to search for the missing boat. The vessel’s distress signals were seen only by chance Wednesday night when the Cordova passed by. The ship was still afloat but listing badly. The captain and twenty-two members of the crew remained aboard.
DIRIGIBLE IS SO DEEPLY BURIED FEW DEAD FOUND (Continued From Page One.) before completing the inquest. The inquiry board, after opening, adjourned until Oct. 4. The city of Hul’ shows the terrific force of the explosion hat wrecked the gigantic airship. Nearly every third house has the windows boarded to cover th; shattered glass. The death list in the disaster was brought up to forty-four late today when a woman died from the shock of the explosion. She was a resident of Hull and was watching the dirigible when it was recovered. Dredging was resumed at 3:3fJ o'clock this afternoon; following a brief respite for examination of the wreckage. Two more bodies were recovered from the wreckage. TWO AMERICAN DEAD IDENTIFIED WASHINGTON. Aug. 28—Only three of the bodies recovered from the wreck of the 7.R-2 have been Identified, according to a cable to the Navy Department today. The Identified bodies are those of Flight Lieut. H. F. Montague, R. A. F.; Lieut. M. 11. Esterly, U. S. N., and Lieut. C. E. Little, U. 8. N. Russian Debt Paid With Valuable Furs HARTFORD. Conu . Aug. 26—The Russian Government has paid with valuable sealskins sables and other furs for a large order of typewriters recently negotiated with a manufacturing concern of this city. An official of the company announced today that the company has "cashed” the furs by selling them in the Argentine r -public and other South Amer- [ ican countries Scarelty of money in Russia is said to be tbe cause of paying 1 for the order in this manner.
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Third Time Charm Leo Cisseli’s persistence In summoning the patrol wagon to haul in a bunch of imaginary prisoners came to an end last night, when he himself was given a ride to the city JalL CisseU, 33, 316 East North street, who claims to be a private detective, called the patrol wagon three times. The third time was the charm and he was arrested on a charge of drunkenness.
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