Indianapolis Times, Volume 37, Number 34, Indianapolis, Marion County, 19 June 1925 — Page 16

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BRITISH HAVE STRAHGLE HOLD OH RAW RUBBER Growers Collect $2.73 From Each Individual in United States. By Bruce Cation NEA Service Writer Cni : ,, 1 AKRON, Ohio, June 19.—Three '-hundred million dollars as profit for ‘the British rubber growers for the year 19251 . This is the burden that the American. public Is being compelled to Shoulder. It comes as a result of a staggering Increase in the price of raw t-übber —an increase that is due to an -Ironclad monopoly which the Britons 'have on the rubber supply of the wbrld. In 1924 the United States rubber I‘ consumers paid 1200,000.000 for their xubber. This year, according to figures tabulated by the India Rubber Review and concurred in by manufacturers here, the bill will be over <5500,000,000, a flat increase of , $300,000,000. • The total sum Uncle Sam expects to collect from income taxes this ‘jyear is only about $800,00(^000. Heavy Tribute : The per capita income tax paytnent for 1925 is estimated at about s6.ss'. The per capita share in the $800,000,000 tribute levied by the British rubber growers is $2.73. ; Thus, each individual in the UrctAd States is paying almost exactly half as much to the rubber as profit, as he is to his Jvwr ; government as taxes. !What will be the results? Ask any tire manufacturer here and he will shake his head. The rubber industry is facing a mighty hard year. Leaders won’t it freely, but it Is admitted that *there will be a number of consolidations and possibly failure. : Two increases in the price of tires have already been made this year. Further increases are expected to follow. Every other type Os rubber goods is also expected to (Ldvafice in price. All Will Be Affected Now this will affect you whether Vou drive an automobilye or not. For, even if you don’t, you at least fide in motor busses; or you buy Or ship goods that are transported In motor trucks; or you have in your lome electric wiring, insulated by fubber; or you wear rubber heels; pr you use some sort of rubber appliances, day in and day out. So when the price of rubber goes Up more than 100 per cent you are jjoing to know it. ; Late in 1924 crude lubber was selltrig at 17 cents a pound. : In January of this year it began to rise. The first week in June it was quoted at 78 cents, and still further advances are possible. Due to Change ; The British monopoly is due to a 'Complete change in the rubber producing world during the last twenty years. Twenty years ago the bulk of the world’s rubber came from the Jungles of the Amazon. There were hd plantations there. Wild trees were tapped and the product shipped frofti infrequent collection stations. But certain British capitalists had started rubber plantations in the East Indies —in Java, parts of Sumatra and Malaya. . As the demand for rubber .Increased the wild trees were unable to meet it. Plantations expanded.

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Summer FOOTWEAR For the Entire Family at Lower Prices Women’s All-Leather Shoes, 5 Patent, Kid, Tan and Patent Combinations and Satin, Straps, Cut-Outs and Oxfords $g.JT5 s>|,9s $g.5Q SO-50 Children’s Patent Straps and Oxford inf Combination Colors. Up From tPI ,jD Men’s Tan Crepe Sole d* A AT Oxfords. Special Price. . . Others in Tan Patent AT and Gun Calf vu*t/D HEID’S SHOE STORE 233 EAST WASHINGTON

With Shotgun, He Guards Bank

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Patrolmar. Harrison Wenz

If you happen into the Thirtieth St. State Bank, Thirtieth and Illinois Sts., you will no doubt be attracted by a big burly gentleman holding a shotgun. He is Patrolman HArrison Wenz and he was recently named as one of the police guards to give banks protection. This is not the first tough assignment Wenz has received for he was taken off the detail at Military Park, and any one familiar with city know the reputation of the park. One policeman was slugged, knocked down, kicked ahd beaten in the park. Wenz was a fit nan to stop such actions, pol na officials thought. Appointed to the department April 13, 1910, Wenz has maintained a clean record. He lives at 3110 N. Illinois St.

and presently the bulk of the supply c;.me from them. Now in 1920 and 1921, the supply far exceeded the demand. Rubber was a drug on the market. So the British rubber men formed an association and go Parliament to a law known as the Stevenson act. Under this act rubber exports are limited to a certain percentage of the yield of 1921 production. Tho market price for each quarter year determines the percentage that can be exported in the next quarter. Right now the growers are exporting 55 per cent of their 1921 yield. The United States Department of Commerce has just made an extensive survey of the situation. Its report says this: "Had the British colonies produced and exported to their capacity in 1924 it is estimated that 100,000 more tons would have reached the market during this year.” Promised Relief V ' * * In January, 1923, a delegation of British rubber growers, headed by Sir Eric Miller, came to America and, to protests of American consumers, promised that in event of a shortage the Stevenson act would be relaxed so as to permit larger exports and avoid unreasonably high prices. But this spring, when the Rubber Association of America cabled and asked that this be done, the British retorted ■ that no emergency existed and they were satisfied to let things ride as they were. Repeated appeals from America failed to change this attitude. So, for the present, there is little Jthe American consumers can do but pay the price.

SEVEN STATES JOINJNDIANA Others Refuse to Participate in Defense Test Day. Times Staff Correspondent WASHINGTON, June 19.—Seven other states have joined with Indiana. in refusing to cooperate with the Defense Day test, on July 4. according to a summary prepared by the war department. The States that will not take part owing either to lack of time or because of lack of sympathy with movement are Connecticut, Inndlana, Maryland, Missouri. North Dakota, Tennessee, Virginia and Wisconsin. Eighteen States have definitely re-

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SUGARS alO 59c Mil M WILSON’S QtallOCp Ilf iH 9 Wm. PET. BORDEN’S, , % CANS / *ll CARNATION OR A. & P. if SOAP jllQi37 c New Potatoes 5 s 18c TOMATOES y’fFl Oc PEAS 1 Qc IVORY SOAP— 19c C E R T O BOTTLE 28C D“1 |f ft NUTLEY 4 0 7 HM M m NUT margarine, lb., L L M re w LH.2SScI JLO PEACHES~to„2 1 cIS ALM 0N : 15c FIG BARS-- lbl Qc GRAPE JUICE^L2Bc LETTUCE’S;^ CANTALOUPES AUfc BANANAS.... I ;;;^, sc CUCUMBERS W loc TOMATOES S. 15c

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&?., ATLANTIC & PACIFIC'it

THE INDIANAPOLIS TIMES

plied that they would take part. They are Maine, Newhampshire, Vermont, Massachusetts, Rhode Island, Pennsylvania, North Carolina, South Carolina, Georgia, Louisianna, Ohio, West Virginia, Nebraswka, Kansas, Texas, New Mexico, Utah and Oregon the other twenty-two States have not replied. poli^~s^ean7liurt Police Sergt. Walter Barmfuhrer was injured about the legs today when an auto in which he was riding was struck by a cut of coal cars at Northwestern Ave., and Twentieth St. Barmfuhrer said h was on his way to meet some officers to make a raid when Earl Bolden, 321 W. Twenty-First St., offered him a ride in his auto. Bolden was slated. Barmfuhrer was taken to the city hospital.

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THE FOOD MARKETS —OF— T H RIFTY HOUSEWIVES

FOODS CLIMB STILL HIGHER Indianapolis Prices Increase 2 Per Cent in Month. Bv United Press WASHINGTON. June 19.—Retail food prices continued their upward climb in Indianapolis between April 15 and May 15 showing a net gain of 2 per cent, the Department of Labor announced today. In thirtyfive other cities increases varying from 3 per cent to H per cent were shown, while in sixteen cities there were slight decreases. The average for the country was upward slightly over H per cent.. Present food prices in Indianapolis are 5 per rent higher than last year.

Weekly or Monthly Payments

while the average for the country is 7.5 per cent higher. For the twelveyear period since 1913, Indianapolis food prices have mounted 44 per cent compared with a countrywde average increase of 57 1 per cent. Baltimore with a G 2 per cent inereas-j tops the list. The article of food which have shewed the hf.rpcst increases in May were onions, potatoes, oranges, strictly fres i eggs, cabbage and chuck roast. WOMAN WILL RECOVER Mrs. Mabel Everitt of 702 Harmon St. is recovering at the city hospital today from poison self-administered, police say. Domestic troubles were given as the motive 1 .

WARD CO.

SUGARS 108 5 BUTTER a 45 c MILK 3 2 25 c POTATOES Is2sc LUXFfIB,3 25 c 47 gpH am What would your bread cost toMWk H day were it not for the STANDBJf gyp? ftp gra || m ARD GROCERY STORES? Re- ■ _ je-Twi S||" B ftM Sffl jw member, we never advanced our " Pi ilttt price. Big 16-oz. loaves. sMh&xiH Wrapped. Regular 8c value. SOAPS' 10135? SUGAR FE J?, E ™ L 1.55 Peanut Butter F as e 15c Hew Potatoes j| 6 a 25c Oleo,gi2ocj Prunes C s i:2sc Cheese i Sr 32c | Callies y 19c Lard *5? 19c Certoi 2sc APRICOTS ' AL ™ 15c rmm ■■■ v v v Large No# 2 y z Can H w Sugar Corn IC. TOMATOES Ift c Golden Bantam, No. 2 Can I W" Solid Pack, No. 2 Can ■■ ■ * Mason Jars p73c £ 83c Doz. Doz. Joan of Arc Kidne c y AN Beans 1 Qc 5 Bars Ivory Soap (Regular Size) i Ail 1 10c Pkg. Ivory Flakes j for GOLD DUST iz 25c

WITHDRAW BANK GUARDS Mayor Orders Uniformed Police Taken Out on Monday. Mayor Shank today announced he had ordered withdrawal of the uniformed police guards, who have been stationed in twenty-six banks of the city since last week. “The situation has cleared up since the wave of bank robberies and I believe special protection no longer is necessary,” Mayor Shank declared. Uniformed guards will be taken away Monday, according to Mayor Shank. However, police will be Instructed to- maintain contact with the situation, he said.

r/tTDAY, JUNE TO, 1925

STRIKE AGAINST BRITISH Bv United Press LONDON, June 19.—Pekin dispatches to the Evening News today reported that *a strike against the British will be inaugurated in all China on June 25. The same source said that soviet workers had sent an additional 110,000 for the Chinese, strike fund.

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