Indianapolis Times, Volume 35, Number 287, Indianapolis, Marion County, 14 April 1924 — Page 7

MONDAY. APRIL 14. 1924

LLOYD GEORGE SEES NATIONALISM GAINING GROUND Former British Premier Believes Fate of Europe Hangs on Elections, By the RT HON. DAVID LLOYD GEORGE, O. M.. M P.. former Brislish Prime Minister. I Copyright 19-4, by United Feature Sjndicilt. Inc.) IjOXDOX, April 14. —(By Cable)— There are three fateful general elections in Europe which may well settle the fate of that continent. Two are In progress—one is settled. The Italian elections are over—the German and French are yet to be fought. Politicians are always apt to exaggerate the effect which will be produced by the results of elections in which they are personally engaged. There is no other justification for the prodigious national effort concerttrated for weeks on an attempt to achieve the desired results. Judging from past elections, we now realise these efforts are too often a violent bombardment in order to explode some atom, and when it is exploded, nothing happens but much smoke and a little dust. Elections Decide But now and again, elections decide events. The fate of American union and of slavery in that vast territory was once upon a time decided by an election. By the way, It was a threecornered fight. It is not yet clear that the last election in Britain will not have consequences of a far-reach-ing character. The Italian, French and German elections have one issue in common — Nationalism. Nationalism against any and every other appeal—Socialism, Communism, Liberalism, Pacifism. The Nationalist appeal is not intentionally reactionary. It is only so in effect. What has happened to France during the last few days illustrates what I mean. The domestic policy of Poincare is thoroug’ ’ unpopular with the French masae His aggressive foreign policy, or lae other hand, finds favor with them. Up to his defeat in the chamber, he relied largely upon the reactionary Right for support. His electoral policy thus bore a decided Conservative tinge. He has now swung definitely to the Left. He has not changed or modified his foreign policy in a single particular. Turns Radical He has only given a more radical direction to his domestic program. From a Nationalist Tory, he has become a Nationalist radical. The Royalists are sulky and the radicals not pleased. But neither the sulks of the one nor the displeasure of the other will prevent France from voting for

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' Ali Babi ALI BABI RICHTER Another scandal in the police department! Lieut. Cliff Richter is the culprit—a re-incamation of Ali Babi himself. Look at the picture. That’s Cliff himself, dressed up in his All Babi clothes and “wearing’' his "meat augur.” Cliff doesn't dress this way when he's "only a policeman." This is just the way he'll look when he appears S ' Ali Bahi in the Murat Sh.-iner show "Sheba.'' the week of April 28 at ihe Murat Theater. The "forty thieves" will be there too. Public seat sale begins at the Murat April 21.

the Ruhr poUcy. The French people are convinced that Germany is shamming insolvency and they are wholeheartedly for tightening the thumbscrew's. What about the German elections? A wave of reviving Nationalism is sweeping over Germany. It was inevitable. •sooner or later. Moderation and wisdom on the part of the victors would have delayed its advent. There was deep anger and resentment. in German hearts, against the militarist system that was responsible for plunging their country into such depths of humiliation and disaster. The Germans were as indignant with the empire of the Hohenzollems as the French were with the Napoleonic empire that led them into defeat and discredit in 1870.

A New Spirit The Ludendorff trial in Bavaria and the remarkable demonstrations in Berlin in connection with the funeral of i. young German who died in a French prison are symptoms of the new spirit which has arisen in Germany during the last year, and affords proofs of the fact that it is not a mere local or provincial outbreak. Prussian end Bavarian arc once more united in fierce hostility to France. A flood of passion has inundated Germany. The spectacle is likely to react on the French elections, which will take place a few days after the German t'Oll. These two new parliaments, surging with rival patriotisms, will l>e called upon, before there is time for the waters ,o subside, to deal with the report of the interallied experts. Not a h'.|eful prospect. The Italian elections are a uii imph for nationalism. Fascism arose out of a contest with Socialism and in its method it is anti-democratic, but its real inspiration is not derived from its antipathy to the economic doctrines of Socialism, nor from its attachment to the idea of autocracy. It is true that Italy suffered more than any other allied country from the tidal wave of socialistic impulse which followed the great earthquake which shook Europe. Her industries were at one time nearly swamped by it. Everywhere it brought confusion and disorganization. Welcome Movement Italian industry and Italian governments were intimidated by Socialist agitators. All classes in the peninsula were therefore ready to welcome any movement, however unconstitu tionaj or autocratic it might be. which put an end to the reign of these industrial bullies. This is what the Fascists accomplished. All the same, their movement was in essence patriotic. not economic. It has gathered into its fold Conservatives. Liberals, capitalists. Socialists, Catholics, freethinkers, Protestants. It represents a rally to the flag—insulted grossly by Socialists and inadequately defended by a succession of weak governments. The most striking Fascisti appeal to ejectors consisted of highly colored pictures, representing attacks by Socialist mobs on the Italian flag, or outrages perpetrated by them on Italian soldiers who fought in the Great War. The three elections therefore indicate that there is a reedval in the spirit of aggressive Nationalism throughout western and central Europe. The European nations are standing on guard for their menaced rights.

Today’s Best Radio Features (Copyright, 1924, by United Press) WOR, Newark (405 M) 8:30 P. M. KST—Handel’s oratorio, “The Messiah." by the Newark Oratorio Society. V HAZ. Troy (380 M) Midnight EST —Monthly transcontinental program, by Campus Serenaders and Rensselaer P. S. J. Glee Club. KS. St. Louie (846 M) 8:15 P. M. CST —Earl Carroll’s “Vanities,” direct from the American Theater. WLW, Cincinnati (309 M) 8 P. M.— CST —“An hour with Schubert,” fol lowed by the Crosley Theatrical Revue. WOO, Philadelphia (509 M) 10 P. M. EST—Maunciener’s cantata, “From Olivet to Calvary.” Two Held After Fight Keniai Logan, 37. of 1526 Pleasant St. is ir, serious condition at the city hospital today, where he is held on charges of drunkenness and offending persons on tho streets, following a tight with Raymond West, 36. a soldier stationed at Ft. Benjamin Harrison, downtown Saturday, police say. Officers allege Logan made an insulting remark. West is also held.

ECONOMIST TELLS EFFECT OF DAWES PLAN ON INDUSTRY Writer Declares Some Effects Beneficial, Others Drawbacks, By LEWIS I. HANEY, Director of the Bureau of Business Research New York University. (Written for the United Financial) NEW YORK. April 14.—The outstanding event of the past week has been the so-called Dawes report. What follows is a brief statement of the pkyi proposed in that report, and of its possible effect on our industry. To begin with th.e report is fairly conclusive evidence that Germany is able to pay a large reparation sum, and that considerable payments can be made soon._ In this connection, too, it is established that Germans hold securities and property in other countries amounting to seven billion gold marks, or one and seven-tenths billion dollalrs. Moreover. It is demonstrated that Germany has got rid of her war debt by issuing pnper marks. Asa result. German citizens have a much smaller tax burden than others, and

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THE INDIANAPOLIS TIMES

Germans now need only pay such taxes as Frenchmen and Englishmen have to pay in order to make large annual reparation payments. Dawes Plan The plan is based upon the wellknown essentials —balanced budget and stabilized currency. In order to balance the German public income and expense at least three steps are proposed, the chief of which is increased taxes to be drawn from railways and other industries. Steps are also proposed to bring German wealth back from the foreign countries where it has fled. An immediate help, a large loan, is to be made to Germany by the ajjies. Along with the balanced budget must go a stable currency, and the plan provides anew bank to be on a gold basis, the gold being provided by means of the foreign loan already referred to. The bank would be largely managed by the allies, for obvious reasons. No one can say what the cbances of success are. The chief obstacle appears to lie In the German attitude. At least a better understanding among the allies has been reached, and the issue has been cleared up. If Germany refuses to pay now, the world will know better where the fault lies. Effects on Industry General Dawes himself says: "Rejection of these proposals by the Ger man government means the deliberate choice of a continuance of economic demoralization eventually involving her people in hopeless misery." If we suppose that in time the report is accepted and the machinery of

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administration works, what will the effect be on our industry? We may admit at once that the general stabilization of world production and trade will have a broad beneficial result by which in the long run we will benefit. A settlement of the Franco-German situation would remove tremendous uncertainties and thereby encourage trade and commerce everywhere. The wild fluctuation of exchange rates would cease, and the supply of capital could settle to its normal level. Benefits and Drawbacks Another result would come in the shape of increased purchasing power, first in Germany and second in countries dependent on German pros perity. The reduction of unemployment abroad backed by more favorable exchange rates would certainly favor our exports of grain and meat products, to the benefit of the farmer. In fact, our raw material industries would stand to gain directly by the reparation settlement. A number od drawbacks: 1. There would be a withdrawal from our industries of European capital. which had been sent over here be cause of unsettled conditions abroad. 2. Our manufacturers would meet increased competition in foreign markets. as for example, in the case of steel. 3. We would he called upon to take larger imports. The large loans called for under the Dawes plan would be largely floated in this country and would be paid chiefly in goods sent here under the more favorable ex change rates that would result.

WEEKLY Business and Industrial NEWS

PERSONAL SERVICE IS EBAUGH MOTTO Letter Business Built on This Principle, For the purpose of making a sale, there is no contact that equals a personal one. Knowledge of this fact and the application of the knowledge has contributed in a large measure to the success of the J. W. Ebaugh Letter Company, 120 Va N. Pennsylvania St. Mr. Ebaugh has "personalized" the circular letter. He has injected into the mailed communication a personal quality that is about as close an approach to the actual personal contact as can be attained in a typed message. In business transactions where it is desired to reach a large number of persons or Anns by mail in a short space of time, the Ebaugh company is exceptionally equipped for service. The regular correspondence business of the firm permits the employment constantly of a staff of expert typists who can be assigned to a sudden large task and complete it promptly and with accurate attention to every detail of the work.

SANTA MUST BE AROUND Kx-Policeinan Paul Finds New Piano in Horne. When Walter E. Paul, 1341 Olney St., returned from an overnight visit n Anderson Sunday evening, he found t new player piano, stool and twentyfour rolls In his home. The old uiano had been pushed into another room. Today Paul offered the new pifcno to ‘"any one who wants it," and asked the police department to help him solve the mystery of how it got there. Neighbors said they saw four colored men and a white man deliver it. Paul recently resigned as a motorcycle officer, after being accused of accepting bribes. Police la*cture Young Persons Folowing a severe lecture, two young men and two young women taken into custody at an early hour today by Sergeant Sheehan and the police emergency squad at. Olin Ave. and Hagle Creek were released. Per sons in the neighborhood telephoned a womah was screaming in an auto.

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Radio Programs Tuesday New York—WEAF (Eastern, 492) 11.30 A. M.—Motion picture talk. „1:45 P M. —Board of education. 12 noon —Lenten church services. 4 P. M.—Quartette. 5 P. M. —Children's stories. 7 P. M.—Pianist. 7:40 P. M.— Contralto. 8 P. M.—Orchestra. 9 P. M.—Baritone and soprano. 10 P. M.— Ever-ready program. Dallas, Texas—WFAA (Central, 476) 12:30 to 1 P. M—Address. 8.30 to 9:30 P. M.—Orchestra. 11 to 12 P. M. —Pianist. . Schenectady, N. Y.—WGY (Eastern. 380) 7.45 P. M.—“ The Real Present Day Undergraduate." BP. M. —Scotch program. Cincinnati, Ohio—WLW (Central, 309 4 P. M. —Topics of interest to women. 10 P. M. —Band. • Philadelphia, Pa.—WOO (Eastern, 509) 11 A. M. —Organ recital. 12:02 P. M. —Orchestra. 4.46 P. M.—Organ recital. Ky.—WHAS (Central, 400) 4 to 5 P. M.—Orchestra. 7:30 to 9 P. M.—Flute Club. Atlanta, Ga.—WSB (Central, 429) 32 M.—Entertainment. 3:30 to 4 P. M. —Overture and prologue.' 5 P. M. —Mbsic. 5:30 P. M. —Songs and

POLAR ICE FIRM IMPROVES SERVICE Company to Open New Office April 18, Henry L. Dithmer, secretary-treas-urer of the Polar Ice and Fuel Company, wiil be host to the Indianapolis Junior Chamber of Commerce on Friday evening, April 18. The event will mark the opening of the Polar company's new office building at Northwestern Ave. and Twenty Eighth St. Dithmer, president of the Indianapolis Chamber of Commerce, takes a deep personal Interest In the young men of the junior organization and the entertainment of the members of the Junior Chamber and their friends at a dance in the new Polar building, is one of several moves he Is making to encourage younger men of the community to become identified with civic activities. The incre.tsed business of the Polar Ice and Fuel Company and the extension of its distribution and service to the Indianapolis public through its l numerous “cash and carry" stations, has made necessary extensive improvements costing approxinlately $76,000. A greater capacity for ice production has been provided in the new extensions of the company, the Polar company will able to. serve ice users all over Indianapolis during the coming summer better than in any past season. Haughville League Meets Friday The Haughville Civic League will meet at 8. p. m. at School 52, Walnut St. and King Ave.. to perfect organize tion. Charles Rothman will preside. Safe Deposit Boxes Bankers Trust Company

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bedtime story. 8 to 9 P. M. —Band. 10:45 to 11:45 P. M—De Molay "On to Washington” concert. Philadelphia, Pa.—WIP (Eastern, 509) 1 P. M.—Recital. 3 P. M.— Saxophone serenaders. 6:05 P. M. —Orchestra. 7 P. M.—Bedtime stories. 8:15 P. M.—Police band. 10:16 P. M.— Orchestra.

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Why Shouldn’t Indianapolis Have a Good Street Car System? A five cent fare has been found inadequate to meet the expense of improvements in service, equipment and extensions and return a fair profit on the company’s investment, to which it is entitled. Though everything else has had an increase in price every effort was made to maintain the five-cent fare, but every fair-minded citizen knows it is insufficient ‘ MARION COUNTY STATE BANK I 189 East Market Street . Home of the Christmas Savings Club.

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Action on Mellon Plan Urged Indiana Congressman have been urged for the second time by William H. Howard, secretary of the Indianapolis Board of Trade, to use their efforts to obtain speedy and favorable action on the Mellon tax plan. Howard’s action was the result of a resolution adopted by the board of governors of the organization.

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