Indianapolis Times, Volume 34, Number 273, Indianapolis, Marion County, 27 March 1922 — Page 3
UPHOLDSFARM ‘BLOC,’ HITS G.O.P. FOREIGN POLICY Samuel M. Ralston Asserts Right of Farmer to Protect His Interests SPEAKS IN COVINGTON Special to The Times. COVINGTON, Inti., March 27.—Defense of th£ farm ‘•bloc" In Congress, condemnation of the foreign policy of the Republican national Administration and a protest against unscientific upward revision of tariff laws, marked the address of former Governor Samuel M. Kalstou at a Democratic mass meeting here Saturday night. Mr. Balatone pointed out that the very persons and interests who are so bitter In their denunciation of the farm “bloc" fail to say a word about past combinations of special interests such as the steel "bloc,'’ tb oil “bloc,” the railroad "bloc" and maty others which were formed to control legislation and regular prices to suit themselves. He said further that the farmers are thoroughly justified in theit attempts to have a hand in settling questions which are vital to their interests. •BLOC AFFAIRS IUStISSKII. In part he said: "We hare been hearing a great deal of j unfavorable comment about a certain •bloc" now doing team work in Congress. It so happens that this particular ‘bloc’ represents practically 50 per cent of all the people of this country and really the biggest single interest in this; country. It represents an industry, in the absence of which there could be no ! prosperity. Without it. the people would go to the wall. This particular ‘bio",' now so severly eritised. represents tae agricultural interests of this nation—an interest for whose success all people should be most profoundly concerned. I "The critics of this ‘bloc’ assume an air of surprise as though they never be- j fore had witnessed team work in Con- i cress, for other interests. They decry it i as representing a dangerous tendency in j national affairs, but who is so simple- i minded to recall that special interests i have ’l-d. at times, the legislative! policy of this nation along far more i dangerous , ines than has the farmers" ‘bloc." Have the people forgotten the operations of the iron and steel ‘bloc,’ the coal ‘bloc,’ the oil ‘bloc,’ the railroad ‘bloc,’ and all the kindred ‘blocs.’ that have by tricks and conspiracies con- , trolled prices and largely absorbed the wealth of the nation, during the past ! forty years, through their encroachments 1 upon ’ the property rights of the multitudes—the real producers of society: Has it been forgotten that when these real producers protested against the outrages worked upon them, the finger of scorn by the mighty was poiuted at j t hem ? FARMERS' NEED OF TEAM WORK. "I have never stood for 'lass legislation nor for classes. This is a Government of the people and not of classes. While tisis has been my attitude in the past. I am coming to see that the time is here when the farmers of this Nariou have got to do more team work on a broad scale in th >!r own interests, than they have done in the past, else litter ruin awaits them. There is but one .safe course for the farmers now to pursue. until they can have righted the wrongs heaped upon them, and that is to take the stan i that farmers shall lave a more controling voice in their Government than they have had heretofore. They must see to it that men v.ith sound visions and right hearts flit the offices in this country. "How radi ally wrong a'e conditions that have made it more profitable to burn corn than it has been to pay the price fixed by the coal ‘bloc" for coal fuel. Everybody now sees that the wisdom of the Democratic party, in contending th.ii if this country stayed out of the Versailles treaty. It would be fatal to the influence abroad, and curtail the commercial prospects of the Fnited States. “Unfortunately. our country elected to repudiate thiß treaty and to turn the ' .overnmentn over to the Republica party, w'th the result that the policies of this party have plunged the Nation iuto the worst panic in all its history. When the reins of Government were given to this party, a most wonderful re construction program bad been entered upon, with prosperity everywhere in evidence, at the close of the world's most destructive war. tint Republican statesmanship was not wise enough to handle succe-srully the situation. It has made a miserable failure.
AFFAIRS DRIFT l XDER KF,I LBLICAN RILE "This is the opinion of both Democrats and Hepublli-ans. With the country on a Found basis, when the Republican party was given absolute control of the Government. things have been permitted to drift from good to bad, and after this party had been in power for more than n year the Republican press in many sections of the country does not hesitate to say that the Republican Congress is the liability of the Republican party. Republican papers admit that the farmers are breaking away from their party, and these papers do not hesitate to say that their party "with its overwhelming Republican majorities in both Houses has gummed up the tax revision program: man handled the whole tariff revision question and made a nauseating spectacle of itself in handling the bonus" problem.' "While I am glad farmers are asserting their power in the law-making branch of the Government more than they have heretofore done, they must not allow themselves to make demands on a false basis. The welfare of the country as a whole must ever be the object had in view in the making of laws for a Nation. Any other course will prove unsound and hurtful. •'Much Is now being said in advocacy of revising the tariff upward. This scheme was adopted some years ago. with the result that the party adopting it, was overthrown and Feverely punished. Such ; a policy now would be me re severely con- ] demred than it then was. This has be- J come a creditor Nation, and it must have access to foreign markets. No such Xa- ! tion can prosper with its avenues leading out to other nations cut off i- a tariff' wall. This is the experience of history, and I would admonish farmers not to be; misled by the false cry that they should j in in increasing tariff schedules on all he people, under the belief that they are g dug to make themselves money by do- i ing so. "Certainly our tariff laws should, from time to time, be revised, but when thisl is done, the revision should be worked i out for she consideration of Congress, by I nr. intelligently qualified and nonpartisan commission Farmers can afford to work through such a: commission, but if they! . ssociate themselves with certain self-"- j interests In developing a tariff law both they and the country will get the worst of it. A cla- may become rich through a system of taxation, but a people never have by imposing laxc-s on themse’Joes." OFFER PRIZE FOR FLIGHT. LONDON, March IT.— For the first German who makes a flight of forty minutes In a glider or motorless airplane over a course similar to that of a yacht race a prise of 100,000 marks is being offered. The offer is made by the Association of German Aircraft Manufacturers, and the competition, which remains opeu until the end of October, Is a severe test of competitors' ability to tack against the wind.
Collects $500,000 With Toy Pistol During Six Years CHICAGO, March 27.—Complete confession that he robbed scores of homes of $500,000 worth of loot in the last six years and the only weapon he used was a toy pistol was made to police today by Edward Collins. Collins’ tale of crime marked him as one of the most remarkable criminals of Chicago’s underworld. Only $20,000 worth of the loot was recovered. Mrs. Mary Collins, his wife, was released after Collins toid police, "It was all my work. She didn’t know I was a burglar."
ADMIRAL SIMS WOULD TEACH WAR STRATEGY Head of Naval College Raps Editors and Correspondents for Parley Attitude. PHILADELPHIA, March 27.—Admiral W. S. Sims, president of the naval college at Newport, would save the country from disaster by having military strategytaught in our high schools and colleges. He so expressed himself Saturday night in Lulu Temple, where he addressed the temple’s legion of honor composed of veterans of three wars. Earlier in the evening he was the guest of officers of the organization at a dinner in the Bellevue Stratford. "We need to have military strategy taught in our high schools,” said the Admiral. "It is absolutely necessary if we expect to take an active part In this world game.” Admiral Situs took occasion to score newspaper editors and correspondents who covered the recent arms conference in Washington. "The correspondents,” he said, "wrote what they thought their readers would like, never hesitating to mold opiuion in absolute disregard to the things which the war taught us to be true.” As for the editors, he declared. ] they wrote editorlafs about the conference that would make any military man ! weep. Without equivocation, he defended the necessity for an adequate submarine j force, declaring in this dry no country i could hold its own without such craft, j He argued no matter what combination of navies might be got up against us, we could not be blockaded, or defeated, if we had sufficient undersea vessels. "The prejudice against submarines, said Admiral Sims, "arose from the illegal use to which they were put by the Germans. The Germans were perfectly within their rights when they used submarines In midocean barring certain exceptions. The clamor for the abolition of submarines comes from the wishbone and not from the head.” The Admiral was applauded roundly by the veterans when he argued against a “ridiculous reduction of our Navy,” at a saving of about 35 cents a heard throughout the country. Admiral Sims confessed a lack of reputation for discretion, and said he hoped “not to spill any more beans than absolutely necessary." Between public speaking and warfare, he expressed a preference for war.—Copyright, 1922, by Public Ledger Company. RENEWED METAL AID TO AUTOIST Dented Fender No Longer Is Cause for Worry. Contrary to the general opinion held by automobile owners. badly injured, crumpled and damaged metal parts of their machines may easily be renewed and put back into service again, according to Thomas S. Markey, president of the Guarantee Metal Enameling Company of this city. In fact the work may be don** so perfectly, he said, it is practically impossible to tell the difference between anew fender and an old one that has been renewed and re-enameled. “Not only does the renewing of damaged metal automobile parts result In a great saving to the mot/rlst having the work done." Mr. Markey said, "tint it results in a great economic saving and prevents the junking of thousands of dollars' worth of high grade, excellent, metal that might as easily be kept In j service with a little attention. One of 1 the great crimes of the American nation has been onr Industrial waste, and it is ! only recently this matter has been taken in hand and dealt with in a scientific ; manner. ‘ This business of ours is an excellent example of what can be accomplished along these lines. Our plant, which is equipped with machinery of the most j modern type, specially designed and built for the specific purpose of reclaim-] ing and renewing damaged metal turns j out work that Is simply astounding to the motorist who has not been familiar with what we can do. “It is interesting and amusing to see the skepticism of our customers change to the most pleased conviction. Frequently an automobile owner will come into our place, hesitatingly and almost apologetically and say of course he knows we can do nothing with the bit of Junk that once was a fender, but he thought he would let us take a look at it. He seems almost disappointed when we tell him that in a few days it will be back in his hands just as good ns new again. Finally, he comes back after it, still in the doubting Thomas frame of mind, and ■■*ll hardly believe his eyes when he secs we really have more than made our prom- ; ises to him. •‘From the standpoint of a tlme-snrer, one of the most valuable machines we have in onr plant Is one which will ! quickly remove enamel from metal without any damage whatsoever to the inetal j itself. Formerly this was regarded ss an impossibility, but the process we ose is wonderfully successful. This process enables us to give thirty-six-hour ; service on metal enamel work, a thing : considered impossible only a few years j ago."
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SAYS IT HIGH TIME TO HALT TAX DODGING Congressman McFadden Refers to Issue $15,000,000,000 in Exempt Securities. VIOLATION OF JUSTICE WASHINGTON, March 27—It is estimated that approximately $15,000,000,000 worth of tax-exempt securities have already been issued by the Federal Government and the States, cities and other political subdivisions of the country. In the judgment of Representative Louis T. McFadden of Pennsylvania, chairman of the House Banking and Currency Committee, it is high time to call a halt. The flood of tax-free securities he considers a “gross violation of social justice" in permitting the evasion of taxation by wealthy tax-dodgers. “It is estimated.” said McFadden, “that more than $1,000,000,000 of State and mu- ! nicipal tax-free securities were issued In i 1920 alone. In that year, if these securities were held by the wealthy whose Federal income tax was 73 per cent of j their total income, the ioss to the Gov- | eminent was over $35,000,000, if the interest rate on these securities averaged 5 per cent,” McFadden, who was formerly president of the Pennsylvania Bankers’ Association and who is recognized as one of the foremost financial experts In Congress, is seeking to have the Constitution amended so that Congress would have the power to tax the income from securities issued by the States and their political subdivisions, and the States would in turn be permitted to tax securities issued by the Federal Government. He has a joint resolution pending in Congress to provide for a nation-wide referendum on his proposed amendment ; which would have to be ratified by ] three-quarters, or thirty-six, of the 1 States, for tax free securities to be made ; taxable. In response to his request for an ex - s pression of their attitude, the Governors] of Idaho, New Mexico, Arizona, Colorado, ! Kansas, Michigan, Montana, Nebraska, New Hampshire, Arkansas, Indiana, Ala bama, Dele were, Utah and Georgia re plied that they were favorably disposed toward McFnddeu’s proposal to prohibit the economic evil of tax-free securities,” in conformity with the President's suggestion to that end in his message to Congress In December. The Governors of Mississippi, Louisiana. Oregon, Vermont, West Virginia. Wisconsin and Missouri sent McFadden noncommittal replies, while the Governors of but six States, Maine. Kentucky.
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INDIANA DAILY TIMES, MONDAY, MARCH 27, 1922.
Oklahoma, Rhode Island, Maryland and —expresseu opposit ion. McFadden is confident that once his resolution is passed by Congress his proposed constitutional amendment will receive the approval of the overwhelming number of States. “The issuance of tax-free securities makes possible the creation of two classes," McFadden stated, “the wealthy, free from burdens of taxation, and the workers, who are forced to bear the burden from which the wealthy are relieved. “This unquestionably constitutes n violation of social justice which Is crystalizing in widespread discontent. If the issuance of tax-free securities is permitted to continue a social upheaval will occur which may undermine our constitutional government. “In the last few years we have seen the personal wealth of the country so rapidly segregated into the tax-free class that, whereas the taxable income of individual taxpayers under the Federal income tax law was $992,972,985 in 1916, the amount decreased to $731,372,063 in 1917 and to $302,247,320 in li-18. “It is not to he supposed that the actual Income of taxpayers had thus decreased. On the contrary, it is a reasonable conclusion that many of them had converted their wealth into tax-free securities so rapidly that at a similar rate of conversion they would be practically free of all Income taxes by 1922. “The wealthy investor receives as much net return under the present tax law from 5 per cent exempt securities as from a taxable industrial investment paying over 10 per cent. “Railwaj public utilities aud other ‘industrials’ can not compete on this basis and are now being deprived of the capital which they need for expansion. This is a serious handicap to normal progress of Industry which should be terminated. ‘There can be no doubt that the issuance of tax-free securities, because of the ease in obtaining funds which they provide, encourages public indebtedness, public extravagance and public inefficiency—in other words, a waste of public funds so raised. . “Allowed to continue, the issuance of tax-exempt bonds also encourages all political units isulng such bonds to rapidly approach their bonding limit, when the tax burden thus created may become so heavy as to force confiscation of of their property. As the bonding power of the cities becomes exhausted their credit position also becomes impaired. The credit position of a State can not become impaired without also impairing the credit position of the Government. “My proposal to amend the Constitution would place all forms of investment on an equal basis of competition and establish equality In the assumption of the tax burden by all the people. The 1
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principles of the Constitution are now being undermined by the inequalities of taxation, resulting from the issuance of tax-free securities. “My proposal would not increase taxes in any manner whatsoever. It would merely change the method of taxation and equalize the distribution of the burden of taxation.” FRENCH LIKELY TO 0. tL PACTS Little Apprehension Felt as to Approval, Despite Criticism. WASHINGTON, March 77.—The probable action of the French Chamber of Deputies on the work of the armaments conference is proving a prolific source of speculation In Washington, although little real apprehension is felt that the criticism now being made in Paris of the behavior of the French delegates, means the treaties will fail to be approved. It is the view here the attack on former Premier Briand, Rene Vivian! and Albert Sarrnut, who finished the work of the conference, as head of the French delegation, will fail utterly in substantiating the charges France sought a naval alliance with the United States against Great Britain or that France received at the conference; the treatment of a second rate power. Official Washington is inclined to laugh at the accusation in the Chamber of Deputies Premier Briand spent his time here trying to induce Secretary Hughes to agree to a Franco-Amerlcan entente. However, the disappointment upon the part of the French with the work of their delegation here —a disappointment apparently shared by the present government—is so strong amandment of some of the treaties, possibly the four-power pact and the naval agreement, is not regarded as unlikely. AdopJon of the Brnndegee reservation to the four-power treaty by the United States Senate, it is believed, may give the Chamber of Deputies the cue to express the resentment for what they term was a slight In Washington.—Copyright. 1922, by Public Ledger Company. Bad Bloodi la responsible for most of the diseases and ailments that afflict hu- ] manity. To purify it take Hood’s Sarsaparilla i Purifies and vitalizes the blood.
PATENT TREATY AWAITS CHANGE IN U. SMLAWS Germans Realize Dangers of Working Clause to Break Dye Monopoly. WASHINGTON, March 27.—The patent treaty between the United States and Germany will not be revived by the Administration until Congress has passed the working clause to the American patent law which is desired by the War Department and the dye and drug industry of the country. Secretary \Veeks recently called the attention of the Senate of the danger which lay in the ability cf aliens to patent any article in the United States and thus completely stop its production in this country, even though they do not produce it or sell it here. Leaders of the chemical industry have made representation to President Harding and the State Department asserting that it would be “nothing short of calamity to cause the patent convention treaty with Germany to be reinstated.” Discussing the proposed reinstatement, which can be accomplished at any time by a simple declaration of the State Department that the United States desires its revival Henry Howard, president of the American Institute of Chemical Engineers said: "It is a known fact that this treaty was conceived and engineered by certain chemical interests of Germany and those samo interests In the United States be-
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cause of their fear that the United States would pass a law providing for some kind of ‘working clause’ in its patent system. “The German chemical interests realized that if they were to work their patents in the United States it would be the beginning of the end of their absolute monopoly in the United States synthetic organic chemical industry. "We maintain it is improper to allow the monopoly granted by cur patent law to be used either by an American or by an alien to foster the deevlopment of a new industry in a’foreign country and at the same time to make use of that patent monopoly to prevent such new industry from development in the United States.” —Copyright, 1922, by Public Ledger Cornpan. CITY IS MOURNING SCO UTS’TRA G E I) Y Mayor Asks Merchants to Close During Funeral. SOUTn BEND, Ind., March 27.—South Bend was in mourning to'day for the eight members of the Boy Scout troop who were drowned in Lake Magician. Public memorial services will be held tomorrow. Mayor Eli F. Seebirt, in a proclamation, asked all merchants to keep their shops closed during the funeral services. The tragedy occurred Saturday when the boat, in which the troop was riding, capsized. Joseph N. Taylor, scout executive, was the last to go down. He struggled to save the life of his son and swam an eighth of a mile with the lad In tow before he became exhausted.
TO BE ATHLETIC CLUB’S GUESTS. The members of the Indianapolis Real Estate Board and their wives will visit and dance. “MOTHER! Open Child’s Bowels with “California Fig Syrup” Hurry mother! Even a sick child loves the "fruity” taste of “California Fig Syrup” and it never fails to open the bowels. A teaspoouful today may prevent a sick child tomorrow. If constipated, bilious, feverish, fretful, has cold, colic, or if stomach is sour, tongue coated, breath bad, remember a good cleansing of the little bowels is often all that is necessary. Ask your druggist for genuine “California Fig Syrup” which has directions for babies and children of all ages printed on bottle. Mother! You must say “California" or you may get an imitation fig syrup.—Advertisement.
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New Spring Blouses Os dimitv and batiste, in white or pongee j the m collar and cuffs are of checked Bi gin gham, fluted styles. Splendid for wear with suits— ENVELOPE CHEMISE A rare good bargain for wotnen who shop here. Pink or white batiste, dainty styles, with touches y* of lace and < embroidery WOMEN’S PAJAMAS Twopiece pajamas, made of batiste, with dainty stitchery in contrasting colors, 4 /n. /x EXTRA SIZE BLOUSES— Made of silk finish pongee, in models exactly suited for the stout women. nn Sizes 48 / U V to 54 ip Lin SILK SHIRTS One lot of men’s Silk Shirts, odds and ends, some of them slightly soiled. Broken rflfl fsizes. Out they IL 9 U k go at !/dr $lO SKIRTS —Women’s very smart Tweed Skirts, strictly tailored model, pocket { qx trimmed tl/wtvv/
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