Indianapolis Times, Volume 34, Number 220, Indianapolis, Marion County, 24 January 1922 — Page 11
lIARDING WILL REVIVE PLANS FOR SHIPPING Expects to Bring Merchant Marine Service Back to Paying Basis. BELIEVES IN SUBSIDY WASHINGTON, Jan. 24.—President today definitely began his cauin to revive the American merchant from its post-war slump and to establish it on a permanent basis. A subsidy plan—-designed to make private shipping ventures profitable with tiie aid of the Federal treasury when needed—was laid before the President by Chairman Lasker and Commissioner Lissner of .the shipping board, who drafted the plan at the White House direction. , President Harding -is expected to approve it substantially as submitted and will transmit it to' Congress w ith an appeal for approval shortly. The subsidy plan is fundamentally designed to enable American shipping men to compete successfully with British enterprise. It is also designed to pull the Government out of the shipping business by guaranteeing reasonable profits to private marine enterprise out of Government funds. No subsidy advantages go to Government ships. The bulk of the direct subsidies granted would come from diverted customs receipts taken in on goods carried In American bottom. Where this plan fails to yield a reasonable profit indirect subsidies and funds from the treasury are provided for. The plan also limits the profits of private ship operators—probably to (1 per cent. Indirect methods of subsidy which probably would be suggested are provisions requiring that 50 per cent of the immigrants be carried in American ships and a provision for making part of the merchant marine a division of the naval reserve so that wages aud other costs •uld come from naval funds. The whole object of the study Is to pnt American operation on an even basis with British operation and the aid will only extend to privately owned American owned ships,” according to an official statement on the plan issued at the shipping board offices. "The British operators were taken ns n standard of comparison solely because they are the nearest competitors in cost of operation to Americans. The aid to be r adored is therefore on a conservative basis.”
RAILWAY TAPS RESOURCES OF RICH ALASKA Line From Seward to Fairbanks C'onoleted After Six Years’ Effort. P'/KTI-ANO, Or.-.. .Tar. 24. -After six ' ,--x -‘*tt i} : con-traction. the Alaskan 'r m! i- iniv. :caly t'.■ j- from si\ ; )i. .1 . Si'\varl. on Resurrection Ray. no t*. Fairbanks. a distance of 4 .7 miles. l-*t ; > • two • lillioti- of dollars is the t 'o' sun v.'io'i 'as hof'ti expended f* dare on ti e northern !i:n. "and an add! 11 >'.:>i Si.i I n.t.o.i Mi: 1.0 i so- 1.: ; I-r- - J. ; j R j :-x j:-- re: uno'd ■: Alaska i. . .. • •..: • i during the past season, com j . •;j he la; . -of ! ■ -of tra'k tied oi-hty miles of trading Gerig :atfd that many of these men will remain in Alaska to ei-gage in mining and follow oilier pursuits. BEACHES HlCIt KK-'.ION, When the Government, undertook the project of building a railroad through the a rsricultural and mining regions of Alaska, as u means of developing the rich resources of that territory, the ex isting line of the Alaska Northern Railroad. which extended seventy miles northward from Seward, was taken over Bmi rebuilt. Then a broad-gauge lino was con structcd through Anchorage, on Cook inlet, ! nto the interior as far as Neiian.x. 44 4 miles from Seward. The remaining fifty-three miles to Fairbanks is covered by a narrow-gauge line. It win later be converted into a broad-gauge road- From Ilirfipy Station, near Fairbanks, a thirty-seven-mile extension was built to C’batanika, and another branch line Was constructed from Matanuska to the coal fields. "Ho not make the mistake of believing the r oad to be capable of operation only in summer,” said Gerig. ‘‘lt is an ill! year proposition. Six feet of snow is tire greatest obstacle to tie overcome during the winter, but that is not insurmountable in railroad operation. Gerig is enthusiastic over the possibilities which the new railroad will open ci VM will be av liable through the ope of the railroad. “The low grade placer fields adjacent to Fairbanks can now ty worked at a profit, due to the railroad.” Gerig stated “It is estimated that Si 0.000.000 worth of gold is included in this deposit. "It’s mining requires fuel, and prior to the coming of the railroad wood cost from Sid to $3,0 a cord at Fairbanks. That made mining unprofitable. Ry ; means of the railroad coal fro the j Matanuska field can be' y delivered for S'! a ton at Fairbanks, ana one ton of coal j is equal to tv o cords of wood. •*tn earlier days supplies bad to be brought into Fairbanks by boat during tiic summer season. Transportation ceased in winter. Merchants were compolled to st:> k up to last a year. Thus is was that flour sold fur $25 a barrel nipt mits $1.40 a ton. Since the coming of the railroad these have been cut in half.” First to Start Ukulele Craze HONOLULU, T. 11.. Jan. 24.—The man who is responsible in large measure for the- ukulele, that best loved and most loudly cursed of all musical instruments, hah been discovered. He is .loann Fornondez, an aged Portuguese residing in Honolulu. Fortytwo years ago lie arrived in Hawaii from the island of Madeira, bringing among other things, a ukulele, 1-tTO model. Mr Fernandez tells of how people .were first amused at the title instrument; Rkm hew King Kalakaua. of the then MKiwaiinn :■ e ar hv. asked tiiar the inftrumens.be played before him, and how it soon became popular for dance music as well as for serenading, an art Introduced by the Portuguese. The ukulele, which is Hawaiian for “jumping lien." is known in Portugal, its native country, as the cavaquinbo, which means literally “small piece of wood,” according to Fernandez. The father of the ukulele trade in Ilapwaii was one Manuel Nunes, whose factory was the first in the islands for the production of ukuleles alone. The j Hawaiiang were fifteen years in <j£veloping the present style of ukulele ; music, Fernandez says, but now “every I Hawaiian has l:is instrument, whether j or not he has a shirt to his hack ” lie believes that the craze for an instrument fas ruined a good many Hawaiian boys, ■yho throw aside work and all else to r-ay*
WHERE POPE’S BODY LIES IN STATE
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The famous Cathedral of St. Peter, the Vatican honce of worship, where Tope Benedict's body is lying In tat.
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The ilt:tr of Si. Peter’s Cathedral, where mass tn celebrated for Pop e H-nedlct. The body Is lying in #tnte ;it the foot of the altar.
GERMANY AND j FRANCE WAGE WAR OF PAPER ! Charge'S and Counter Charges Exchanged on Naval Conflict. FRANKFOItT-ON-MAIN. Jan. 2.'.—The j war between France and Germany con tinucs. It is a war on paper bullets, with the Rhineland as the battlefield, i Speak tu any German in the occupied j territory and he will toll you the French : administration is carrying on a deliber ; ate propaganda for the separation of the ' Rhine provinces fro intlie German Fath I (-eland, with a view to their subsequent | annexation to France. The French deny this and charge, on the contrary, the German Government is smuggling the best Communist agitators | into the occupied zone in order to eon | laminate i lie army with the virus-of Uol I shevism. They admit there is a-move-ment mi |V->t for the creation of a Rhenish Repel.li--. tint ttiis they say. is tinfree expression of the people of the terj ritory, who want to sever the bonds w hich have connected them with the government of Berlin. (IKK ft SMELTS IS ARRESTED. Some weeks ago the German civil art mini :ati<iu became incensed at the separatist propaganda andx tv--reeded to arrest the ringleader of the movement, Herr Snieets. The French sided with the agitator and asked the Inter-Allied Rhinclands Commission to obtain his release, which was effected in quick time. Gorman news-, liters in the oc<*npied zone have become very touchy on the question <>f the separatist movement which, they charge is an expression of French imperialism in disguise. They quote the speeches of Maurice Barren and other French nationalist leaders to show the government at I’aris covets the rich \territory on the lyft bank o£ the Rhine. Sft ARE BASIN STORM CENTER. The bitterness of the paper war has been increased by tiie recent friction over the Snare Basin, in the treaty ol Versailles there'is a provision for a plebiscite to be held fifteen years from the date of the armistice. The French have ruled any perso# living in the Snare for one year becomes "an ii&abitant” of the region, while any person absent from the country for twelve months loses his claim to local citizenship. In the eyes of the German newspapers, this is a ruse to in crease the colonization of the territory by Frenchmen who will be aide to vote i;i Hie plebiscite, while emigrated Gormans will forfeit their right to the ballot. Adherents of the league of nations in Germany are using the Snare dispute a. an argument why Germany-should enter the association. When Germany will have a vbte in the league, they say, she will lie able to appeal for its mediation in tiie quarrels with the French administration. This argument is ridiculed by a number of newspapers, .which point ont the league has failed to settle the Vilna dispute because it has no army to enforce its decisions. COLORED SHOES FOR BRIBES. LONDON, Jan. 24—An innovation at this winter's weddings is tie- wearing by the brides of shoes in pink, ruse or gold brocade.
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INDIANA DAILY TIMES, TUESDAY, JANUARY 24,1922.
PLAN TO UNITE IRISH OF WORLD New Organization Started at Paris to Work for Greater Freedom. PARIS, Jan. 24.—A wdTld-wide association of Irish political and cultural societies to work for greater freedom for Ireland was projected at the Irish Race Congress here today. A committee met here in secret session this afternoon to organize such an organization which would represent millions of Irishmen throughout the world. Members of tbu committee include Kainonn Dc Valera, former Lresidept of the Irish republic; Arthur (Tilricu, Professor Hayes and Joseph Castellinl of Cincinnati, representing the United States. ••The object is to federate Irish societies with a view to working for greater freedom for Ireland,” O'Brien told the United Press. Dc Valera brought forward the proposals for the formation of the association late yesterday, when he stirred the race congress by advocating a worldwide organization to popularize through-, out the world Irish history, dancing, music and games. In this way it Is hoped the traditions of the Irish race can lie known and the Irian people appreciated. He also advocated that wealthy Irishmen should endow professorships in universities to enable Irish professors to lecture in other countries. Farmer Burned to Death Near Tipton Special to The Times. TIPTON. Ind Jaa. 21—James Dobson, 04. who lived alone on a farm nine utiles west of here, was burned to death last night in a blaze that is home. When dragged from the debris by neighbors his arms and legs had been! burned off The caustfof the fire Is not known. The coroner is investigating. FINED f3OO AND COSTS. BEDFORD. Ind., Jan. 24. —J. W. McGuire. charged with violation of the liquor laws was found guilty by a Jury here and fined st>oo and costs.
For Women and Misses BRAND NEW, —BE OWN JUST VjL If 111 l —FAWN UNPACKED —NAVY jlfl NINE STYLES PICTURED, Ind iWI twenty seven FASHIONABLE UMJW OTHER MODELS FEOM V/HICH TO CHOOSE Tiie pictures tell the story—smart, fashionable dresses of velours, wool poplins, serges. They show coat effects tunics, bloused modes, straight-lines, Bramley’s, wide sleeves, embroideries and plain tailored styles. A warm, comfortable dress for school, office, street, and home wear, at. a price that will appeal to all. Tixtra salespeople to insure prompt service. Be ht-re early. Choice at S”.
MEN AND BUSINESS By RICHARD SI'ILLANE
j Special to Indiana Daily Times | and Philadelphia Public Ledger. Philadelphia, Jan. 21.— There is a story told illustrative of the carelessness of the Mexican peon. He and his family were huddled ih thei£ shack during a storm. Rain was pouring through many leaks in the roof. “Why don’t you mend your roof?’’ the peon was asked. “Can’t now, raining too hard,” he answered. “But why didn't you mend it before the rainy season?” “No use then; it “wasn’t raining,” he replied. WJaT essential difference is there between the attitude of the Mexican peon toward the leaks In his roof and that of the AnWican people toward leaks in our financial methods? Leading bankers of the Middle West declare the greatest swindle ever perpetrated on the people of this.country was that of a few years ago when a horde of "get rick quick” operators spread out 1 over the Middle West selling to agricul--1 turists oil #tock in companies that never produced oil, packing house shares in concerns that never packed meat, stock* lu phonograph orporations that never made phonographs, land speculations, etc. it Is estimated the farmers were robbed of $2^®,000,000. The estimate might seem hlgnT Out for the fact it comes from those best qualified to know the magnitude of the rubbery. If the farmers had the two bilfions today with which ,to buy tractors, fertilizers, build silo*, purchase agricultural implements, elottn sand no end of fur nisUings and supplies tUej need It would be to their advantage and a great aid to , general industry. I!.v reason of that robbery, the farmers’ buying power is impaired. The plundering of the farmer affects every branch of American busiI ness, yet while It was under way little Intention was given to it. RECENTLY there have been failures of various so-called brokerage ■ houses. A better term to apply to most of them would be bucket shops. It would not be surprising if others closed their doors. There Is little reason why a stock brokerage house 'honestly and properly conducted should fail. business is as safe and sound ns any business can be. The function of the ibroker is to buy or sell for cash or on margin such securities ns ordered by the customer. The broker runs little or no risk. Ills column-'on is established by the rules of the Exchange. If the customer is purchasing outright, i he pays In full in advance. If be is . operating on margin he must deposit a sum deemed sufficient to coi r the widest fluctuation 'if tlo- mark..'. If the market goes against the speculator, the l.r bT may demand further margin, and, if It bs not forthcoming, close the account. For the difference between the sum pit tip as margin an-l the market value of a security purchased the buyer Is charged ! interest at the ruling rate. There Is n clear .uco between all legit! mate brokerage houses daily and every establishment nettles its obligation* with every other establishment. Tnc costs .>f con.lu. :ing a brokerage i bust efts are I#rge and t > con moderate. The principal exchanges oxer j eise rigid scrutiny . ver member*. * IIS - | pending or expeillug them for question- j able practises. Various of the smaller j 'exchanges are not so careful. To many * persons all exchanges look alike. ThlAlter fact gives opportunity to the and honest broker to “bucket ” orders; that , is charge commission, but net buy t-r sell the security. In fact, he bet< against ithe customer, and when he does so ■ charges f..r a service not performed, tod also charges In', r- the difference be tween the customer's men. y deposited as margin and the quoted price or valite of j
the security, although he has not purchased the security. He swindles the customer in both bases and not infrequently adds to this by falsifying quotations. A GAINST .the broker who “buckets” orders the market player has a he ivy handicap, but occasionally luck seems to be with him, but not infrequently vhen he has big paper profits the broker “blows up.” Tins ’vhole country is speckled with bucket shops. Some concerns tranches in a dozen or more cities. It may seem because of the recent failures that the losses of the public are unusually heavy. It is probable the losses are greater when there are no failures. There was a time when bucket shops were drab and mean looking. Today they are, as a rule, handsomely furnished and with every sign of distinction, but however much they are gilded, the game is t> swindle the public. Rankers, if they refused to have any dealings wi‘h any brokerage concerns of questionable character, would maka it difficult, if not impossible, for them to flourish. Some bucket shop men, branded as such by stock exchanges, have had their accounts with t anks of the highest respectability. ..When will the banks repair the leaks in the roof?—Copyright, 11)22, by I’ublic Ledger Company. VISIT TO INDIA AUGURS GOOD .— r Prince of Wales Says He Is Well Received by Natives. LONDON, Jan 24.—That the I’r In re of Wales is not worried over political unrest in India was indicated by the fol lowing message received from him today on the response to a message of thanks and congratulation from Premier Lloyd George and his cabinet: "I met with such cordiality and good will in India during my travels that I am encouraged to hope that in the future of India the empire will fully uphold the fine traditions of the past.” The cabinet message had congratulated tlie Prime upon success of his visit. It is felt the Prince's message augurs w. 11 f.,r the mg diations of the Indian mission. WASHINGTON. .Ton 24—A force of 1.400.1 to in,-n is now drilling in India for r. volt against British rule. Sailendra N. Che Iq;. tor of th“ American eommts--!"n to promote self-government in India. assorted here today. _ Newcastle Pastor Accepts New Charge Special to Th Times NEWCASTLE. Ind., J in. 24.—The Rev. Warren W. Wiant, who for five and a half years has been pastor of the First - Methodist Episcopal Chun h in this city, hex accepted a call to the First M. E. Church at .Mishawaka. He will leave for his new charge early in February. Senate Kills Walsh Shantung Measure WASHINGTON, Jan. 24.— The Senate today kid-d the Walsh resolution a. king it f mi llion as to what progress the arm- conference hud made on the Sbantni.g quest i"n. The resolution which cut 1 I <:• ti e .State Department to furnish .formation. and was the cause of a sharp debate in the Senate recently, was defeated without a record vote.
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Women’s $7, $8 and $lO HIGH SHOES *1 Seldom are boots so superior in every detail of workmanship, so excellent in the quality of leathers, offered at such a ridiculously low price. Shoes of brown kid, black kid, tan calf, brown calf, military and walking heels. —Tfc>.d floor. \ LEATHER BAGS Up to $3.00 Qualities Swagger, envelope style bags and many other (R ■< skinds; of calfskin grain, goat grain, morocco I and seal leathers; brown, gray and black; 1 | / fitted with large inner swinging purse and mirror; special $1.69 -—First Floor, Southeast. FRENCH SERGE 54 Inches Wide . All wool; in a rich, deep shade of navy blue, fR x for separate skirts and dresses; specially Jh | /A V featured at $1.48 T. I —Bargain Tables, Illinois Street Aisle , * " In Our Model Grocery QUALITY —SERVICE—MODERATE PRICES * SPECIALS FROM OUR SUN LIT BAKERY Hot from our ovens at 8:30 a. m. Kill"lisa anc * p ' m * Al * pan breac * s infa#lk eluding rye, graham and whole wheat. One-pound loaf; while sup- _HH _ ply lasts, loaf
COCOANUT MACA-i ROONS, regular oa price 4uc, pound ZuC ASSORTED COOKIES, regular 15c dozen, i • special, dozen ItLC
CR|SfO, the perfect shortening, c*n, regular 2fc finality, can u.e BACON SQUARES, mild cure. government Inspected, average 2 to 4 pounds, pound 14c CREAMERY Rl TTKK. Sun-lit churned fresh from pasteurized cream, pound f>7c TOWN TALK COFFEE, very high grade Bourbon Sh : t(* b'enfi (2 ponu Is, 05c), t.ound 2S<* BRER RABBIT SYRUP, pure country syrup, 18-ounce can,' 25c quality, can .... 19<*
ACNT JEMIMA PANCAKE FLOUR. 2 l-ounce package. ISc quality 15<* QUAKER OATMEAL, for th’’e who prefer an old-fash-tuned breakfast dish; JS-ounce package. 25c quality 19<? DI RHAM S SHRED COCO AN l T. impound package, lkc quality 15U KING’S D E H Y - DR \TF.D FK C ITS AND VEGETABLES 1 n sealed sanitary packages— Wc quality. f*4<* 35c quality,.29<* 29c quality..244* 12c quality.. Qc
gyf THE BASEMENT STORk jpg Sheetings, Sheets, Pillowcases, Muslins, Longc’oih, Etc.
Bleached Sheeting / BY THE YARD "MOHAWK,” 9 4 ff Q width, yard JjC “LOCKM oop," 9-4 rn wiath. yard D“C “UTICA,” 0-4 wi,lth 'go£ "MOHAWK," 10 4 fO width, yard.... .. 30C "LOCKWOOD," width, yard DOC Unbleached Sheeting BY THE YARD "MOHAWK,’ J-4 in width, yard... 2 *roC “l TIUA,” 0-4—width, CP _ yard DOC ••MOHAWK,” 10-4 width, SO- quality, “UTICA” 10-4 wiJlh gQ^ Bleached Muslin BLEACHED MUSLIN, yard wide mo phone orders), extra 1 n special, yard IDC BLEACHED MUSLIN. yard wide, nainsook finish; 18c qual i oi/__ ity, yard IL *C BLE Vt HED M U S LIN, yard wide; 25c qual- in _ hy, yard I/C INDIAN HEAD MUSLIN, yard wide, soft finish, oo shrunk, yard LLC Unbleached Muslin UNBLEACHED MUSLIN, 3 inches wide, for sheets, bolsters, cases and inexpensive curtaining; \ n\/ 20c quality. yard...l£/2C UNBLEACHED MUSLIN, extra heavy, for sheets, bolsters, etc. — 40 inches wide. 40c qual- . ity, yard 19C 30 inches wide; 25c quality,
The Wm. H. BLOCK Cos.
LEMON CREAM SPONGE CAKE, 20c -I r quality IDC x GINGER SNAPS, regular price, 12 1 ic pound; q special, pound While supply lasts.
> PRETZELS tn bulk; regular ISc quality, pound.. 15C PA NSY SALMON CUTLETS. 1 - pound can, <sc quality.s9o REGENT TUNA, white meat, can. 22c quality. IS* IVORY SOAP F L % \ K IJ, S. genuine Ivory soap in Sake form for fine laundering {bounce package, 12c quality, package 10* LENOX SOAP for the laundry and kitchen, 4Ujc quality, a bar, special, 10 bare, ..T <* —Fifth Floor.
Pillowcases and Tubing BILLOW CASES, 42x30, made with deep hem (no phone orders), in extra special 1“C PILLOWCASES, 42x36; 25c quality, . *>q each .........££C PILLOWCASES, 12 x 86; e^h 1 ! 28C PILLOWCASES, h e m - stitched, 42x36; special each.. ......i.4“C PILLOWCASES. no “Mohawk,” 42x36, each JJC PILBOW TURING, extra good quality, iiaen finish—--42 Inches wide, yaYd.-44< 40 inches wide, yard. 4 22c 36 inches wide, yard.39e Ready-Made Sheets i BLEACHED SHEETS, double bed size (no phone orders), Cq„ extra special ....Ut/C BLEACHED SEAMLESSS SHEETS, Slx9o, 3inch hem. YYe reserve the right to limit quantities, (No phone orders.) BLEACHED SHEETS, 81x90, "New Era," A-t -j /\ extra speciaiv. “MOHAWK,** $1 Off 72x10 sl.Zb BLEACHED SHEETS. 81x90“Seamless,” Pi od $1.50 quality
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