Indianapolis Times, Volume 38, Number 273, Indianapolis, Marion County, 19 February 1927 — Page 2

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U. S. BANKERS' MONEY RULES IN NICARAGUA

Times Wnshinoton Bureau. 1322 New York Arenue WASHINGTON, Feb. 19. Bankers, no barefoot heroes, will decide the future of Nicaragua. Men die beneath the palms like flies and a $300,000 loan comes clue in April, 1928. Unless Nicaragua meets this debt, control of her national railway will be sold at public auction in New York and her fifteen-year fight for independence will have come to naught. All this according to testimony, taken by a Senate sub-committee, headed by Shipstead of Minnesota. For weeks, while marines were being hurried southward, this committee has quietly gathered the inside story. It has attracted little attention, but it appears firilly to have solved the great mystery that underlies the Nicaraguan situation. That is, what is the “property” which the American marines,

$5,000 Suburban Home Destroyed by Incendiary Fire

BULLETS FLY IN WILD AUTO RACE WITHPOLICE CAR Speeder Brought to Halt by Blocking Path of Speeding Car. In a wild automobile chase that covered two miles on the west side, tut times at a speed of more than fifty miles an hour, a police squad, headed by Sergt. Edward Deeter, early today fired eleven shots at the tires of an auto driven by Leslie Frederick, 22, of 1106 English Ave. Several telephone calls reached police headquarters from citizens frightened from their slumbers at 2 a. m. by the roaring of the speeding cars and the shots. When captured Frederick was charged with speeding and driving while intoxicated. None of the bullets took effect. Deeter said he gave chase to the speeding car at White River bridge and Washington St. Sounding his siren and flashing the red light he attempted to bring Frederick to a stop. At Bloomington St. Frederick raced north. From there the oars sped through alleys and around blocks. At Miley Ave. and New York St., Frederick turned toward the city. He was stopped when the police car was driven into the path of his automobile. Mathew Gastonm alias Marcus Haynes, 35, of 2359 N. Meridian St., was charged with driving an auto while intoxicated, operating a blind tiger, and driving on the left side of the street. Police who made the arrest are searching for a companion who is said to have left the scene of an accident at Fail Creek Blvd. and Delaware Sts., carrying two bottle of liquor. It is believed that he w T as injured. Haynes is said to have driven his auto into a car driven by J. W. Meyers, 55, of 2202 N. Alabama St. Police sal dthey found liquor in the auto. Mrs. Frances Greene, 26, of 2102 N. Meridian St., was severely injured Friday night when the automobile she %vas driving collided with another, machine at the corner of Twenty-Second St. ahd Park Ave. Michael J. Maloney, 42, of 617 E. Twenty-Third St., who drove the car, was not injured. Mrs. Greene was taken to the Methodist Hospital. Ambrose James, 22, of 834 Olive Sh., and Miss Mary Fogarty, 18, of 1138 Pleasant St., were slightly injured when the automobile driven by James collided with a S. East St. car at Prospect St.

REAL ESTATE MEETING x i . & National Officials Guests at Luncheon Next Thursday. The regular weekly luncheon of the Indianapolis Real Estate Board will be held at the Columbia Club Thursday, Feb. 24. and will be known as national association day. C. C. Nieatt of Louisville. Ky.. president of the National Association of Real Estate Boards, and William Herriib field secretary, will be present. President L. H. Lewis named a, committee to be in charge. Frank E. Gates is chairman; H. T. Hottel. vice chairman; Walter T. White, Harry G. Templeton, Joseph J. Argus. M. M. Miller. F. L. Moore,* Thomas F. Carson, Henry L. Richard’. BENEFIT BRIDGE A benefit bridge party will be given Tuesday afternoon at the Lincoln by freshmen girls at Butler who are members of the University Club. Decorations and tallies will be carried out in Geqrge Washington style, and a trio, cbmposed of Addie A-xlinei flute; Lois Axline, violin, and Dorothy Fee, piano, wyi play. Gertrude Moyer and Alice Thorn will dance the minuet in costume.

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bluejackets and battleships have been sent to protect? The explanation begins in ISBI, when Nicaragua, using her treasury surplus, began to build an in-ter-coastal railroad. This line, in its present form, was completed in 1904. Clerk Gave $500,000 And then, in 1909, there was a revolution to which Adolfo Diaz, a $25 a w r eek clerk in an American mining office at Bluefields, contributed $600,000. Where Diaz got $600,000 nobody knows. Asa result, Diaz was president in 1911, the same Diaz who, now returned to power as a result of another, revolution, is supported by American troops. Diaz did strange things in 1911, Torbio Tijerino, recent consul general from Nicaragua to the United States, told the Shipstead committee. Tijerino is now one of the

ASSEMBLY WOULD NET $2,000,000 Hopeful of Bringing 1928 Democratic Confab to Indianapolis. A minimum of $2,000,000 will flow into the coffers of Indianapolis business men, if plans to bring the 1928 Democratic national convention to Indianapolis are successful, declared Henry T. Davis, Convention Bureau manager, who is working to that end with Charles R. Greathouse, secretary of the national committee. The estimate of the money influx is based on the average expenses of convention delegates while in Indianapolis, which is $19.45 per day. About 20,000 delegates and visitors attend the Democratic assembly, which is scheduled to last five days or more. To Call Meeting Greathouse invited the convention here after a conference with Davis, and left Friday on a four-week vacation. A meeting of prominent local business men and Democratic leaders will be called upon Greathouse’s return in March, to further discuss plans for Securing the convention. “A guarantee of thirty-flve-minute service fom downtown hotels to the Fairground will permit the manufacturers’ building to be used for the sessions,” Davis said. “A balcony arrangement could be manipulated satisfactorily to handle the crowd,” “The State teachers’ convention with 16,000 attendance is comfortably handled by using downtown hotels. By using a number of outlying hotels and apartment houses, that question can be settled,” Davis said. Can Line Up July is the “low month” for hotels, Davis said and they would be able to handle more patrons than at any other season. “Indiana is influentially represented among the circles choosing convention places,” Greathouse said. “These men will all ‘line up’ upon our request. With the right organization and the correct steps taken, Indianapolis will get this assembly.” Other cities bidding for the convention: Chicago, St. Louis. Detroit, Kansas City, Omaha and Denver.

STRAWBERRIES CONTINUE DROP Chicken Fries Scarce on City Market Today. * Strawberry prices continued their j downward course at the city market j today and three other commodities \ were selling below Thursday's 1 marks. Strawberries sold at 75 to ! 80 cents a quart; green beans, 40 to i45 cents; lima beans, 80 cents a ' pound, and eggs, 30 to 35 cents a dozen. Chicken fries, at 60 cents a pound, are less plentiful than a week ago. No changes were made in other poultry prices. Creamery butter was 58 and country butter 62 cents a pound. Shell pecans sold at sl.lO a pound, bananas 30 cents a dozen and Emperor gi-apes 35 cents a pound. Other prices were steady. MEMORIAL -* MEETING Societies to Commemorate Birth of Washington Monday. Members of Indiana societies of the Sons of the Revolution and the Sons of American Revolution will hold a dinner at 6:30 p. m. Monday at the Marott Hotel to commemorate the capture of Ft. Sackvillle, Vincennes, by Gen. George Rogers Clark, and the birth of George Washington. The Rev. William A, Shullenberger, pastor of Central Christian Church, will be the principal speaker.

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directors of the national railroad. Diaz, issued, according to Tijerino and other witnesses, some 28,000,000 pesos of new paper money, equivalent theoretically to about $1,300,000. Out of this, Nicaraguans allege, he paid to himself $600,000 for revolution expenses, and divided much of the remainder among his family and friends. Due to this and other causes, he had to arrange a $2,000,000 loan with New York bankers, Brown Brothers and J. W. Seligman & Cos. The bankers were allowed to purchase 51 per cent of the National railroad stock and turn the railread into an American Company, Incorporated in Maine. The railroad was valued at $3,300,000. The bankers only paid $1,000,000 for their 51 per cent stock. As result of the loan, also, the bankers ultimately got 51 per cent

WED ACTOR, • NOT A MAN, WAILS LITA Wife Says Chaplin Wanted to Get Rich in U. S., but Live in England. Bu United Press BEVERLY HILLS. Cal., Feb. 19. —"My married life was with an actor —not a man.” Gazing reminiscently into an open grate fire in the luxuriously appointed mansion of her world famous husband, Lita Grey Chaplin thus began the first interview she has given since she filed suit for divorce against the comedian. The smoldering fires of Spanish ancestry flickered in the luminous eyes as Lita recounted her fears of the present ancf hopes for the future. Before her, tw'o healthy, sturdy boys gurgled the unintelligible sounds of babyhood. Pointing at them Mrs. Chaplin continued: “They will never be English citizens. They are Amei’icans and I won’t have them brought up in English schools and taught English manners. “I ydetest motion pictures for the memories they revive, but I will go back to them if I am compelled to work again for a living, before I will part with the babies. “Charlie -wanted to go to England and settle down. He said America was no place to live, and as soon as he had made a large enough fortune he planned to leave the country. “But,” she went on, “those arfe things personal to Mr. Chaplin and they bgjter be left unsaid at this time. “My future and my babies are all that concern me now.” The comedian’s wife presented a strange paradox of emotions, an atmosphere of sadness, gaiety and terror pervading the vast, roomy house in which she waits for the law to sever the last thread of her romance with the “king of clowns.” There was none of the bitterness about her that marked the first clash of words following filing of her divorce complaint, which contained sensational charges against Chaplin, rather an air of submission. Slowly she summed up the twisted dream which began when the famous Chaplin entertained her as a child of seven in a Hollywood boulevard tea room and ended in the sordid surroundings of a filthy Mexican village, where fate mocked at marriage ceremonies and lawyers wrangled in bitter discourse. Throughout the interview Mrs. Chaplin made it plain that she would fight to the last to prevent "her chil- ’ dren from being separated.

Forget to Pay for Cemetery Lot; Sued Bit Times Svecial HUNTINGTON, Ind., Feb. 19Two suits demanding S6O for a burial lot in the I. O. O. F. cemetery at Roanoke, * near here, and $172 for undertaker services, have been filed in circuit/court here by the Odd Fellows lodge and William M. Koontz and Sons, also of Roanoke, against the I. E. Hunt and Sons, grading sub-contractors, building State Rd. 29. Two workmen, killed by dynamite during the road construction we;e buried in the lot, both being unclaimed by relatives. Wedding Preceded Divorce Summons Bu United Press „„ T ANARUS, NEWPORT, Ky., Feb. 19.—Kenyon Anthony and Miss Charlotte Simms, granddaughter of the late Commodore F. W. Peck, Chicago pioneer, already had been married when plans for their society wedding in Dayton, Ohio, were interrupted by action against.the bride-groom-to-be in a divorce suit filed by another woman. ■ Court records here today showed that Stoddard, who claims to be a son of Countess Alene Byron Harrington and Huntley Stoddard of London, and Miss Simms, a Dayton debutante, were married in Newport Oct. 24. 'T'he ceremony was performed by Magistrate Thomas Hanley. A fashionable wedding for Stoddard and Miss Simms Was to have been a feature of the social season in Dayton this week. The plans were suddenly interrupted when Stoddard was served with a notice of a divorce action filed in Portland, Maine, by Edith Widing, who alleged she became his wife in April, 19 52. The action charged that he was then known as Herman Albre at Yaffee. Miss Simms, accompanied by her mother, left hurriedly for Florida. Stoddard wa~ reported to have gone to Philadelphia.

THE INDIANAPOLIS TIMES

control of the newly organized National Bank of Nicaragua. Nicaragua repurchased the same railroad stock in 1920, paying $1,750,000. While the railroad was controlled by New York bankers it was operated by the G. J. White Managing Corporation. Nicaraguans, now owning all the railroad again, decided in 1925 to operate the line themselves and to incorporate it at home instead of in Maine. At which time a strange thing happened, according to witnesses. Used U. S. Code “Jeremiah Jenks,” testified Tijerino, “appointed to the board of directors of the railroad by the State Department, went to Washington and was allowed to use the private code of the State Department to send cables to President Solorzano of Nicaragua, asking him not to cancel the management

NEW CAR SALES REDUCE PRICES OFUffl) AUTOS Indianapolis Dealers in Drive for Greater Floor Space. New ear sales at the auto show during the past several days were so numerous that dealers have been forced to make special reductions on used cars in order to utilize the floor space needed for the unusual Increase in business. Attractive offerings are made by the Frank Hatfield Company, authorized Ford dealers, on all models of guaranteed used Fords. Prices on used Buicks are unusually attractive at the Central Buick Company, 120 W. North St. Many trade-ins have been made by the Marmon Company, Eleventh and Meridian Sts., through the popularity of the Little Marmon. Among the used cars for sale there are a number of late models. Show 1906 FotM The Wangelin-Sharp used car store, 428 N. Meridian St., sales agency for “W.-S. personal serviced” used Fords, has on display & 1906 Ford that sold new for $950, which price did not include top aYid windshield. This model is a startling example of the contrast of present day cars wit hthose of only twenty years ago. Good values in used Chevroleta are offered by the Jones-Whltaker Sales Company, Capitol Ave. and Vermont St. Other used cars also are on sale. The F. L. Sanford Company, Dodge dealers, 833 N. Meridian St.', hag a good selection of used Dodges. The Marion Chevrolet Company, Eleventh and Meridian Sts., is displaying 8. number of slightly used Chevrolets and Fords. Wide Price Range For the person who wishes a wide range of used ear prices, the State Automobile Company, 635-37 N. Capitol Ave., has a large variety from which to chaose. Standard models of popular cars are to bo found at Frank Feeser Company, 1106 Prospect St. All these models have been traded on new Auburns. C. O. Warnock, Ford dealer, at 820 E. Washington St., has several attractive Ford roadsters on display that are finished In two-tone color combinations. Among other dealers offering good values during this used car sales movement are: Stone Chevrolet Company, P. B. Smith, Essex dealers; George B. Ray, Paige and Jewett dealers: Smith & Moore Cos., Capitol Overland Company, Carl Wallerick Company and the Armacost Company.

Student Riot Ends Basketball Playing Bit United Press NEW HAVEN, Conn., Feb. 19. Students at West Haven High School, today found themselves deprived of the remainder of the season’a basketball schedule and one of their number suspended as the result of a riot. How it began could not be learned definitely, but it was assumed freshmen “dared” older boys to “comn down to the lower floor and have it out,” once too often. Anyway, by the time Principal Seth G. Haley was aware something was wrong, 200 members of the freshman and seionr classes were engaged in a battle royal in the school building. Chairs, plaster and heads were damaged. j Haley, not long out of college and an athlete, plunbed into the melee with his associates and succeeded in bringing about order. POISON VICTIM AT HOME Girl Who Took Drug Discharged From City Hospital. Entirely out of danger from poison taken with suicidal intent, the 20-year-old Indianapolis girl, sent to the city hospital Thursday from Sam Cain’s grocery at 1211 Cruft St., where she had taken the poison, was sent home Friday. The girl, who is about to become a mother, declared she had taken the drug because she had been told by a social worker that her child would be taken from her after its birth and placed in a home. “After dll this—never to see my baby, I just couldn’t stand it,” she declared. SLAPS AT PROPOGANDA Representative Walter A. Huffman (Rep.), Elkhart introduced into the House a motion to prevent the distribution of circulars and unsigned printed matter on the desks of Indiana Representatives.

contract with the White corporatioh. They sent the cable in code to the American minister and he transmitted it to the president.” Thus, according to Tijerino. Nicaraguan officials were led to believe that the United States wanted the White corporation left in control. In October. 1925. the board of directors of the railroad met in New York. At this meeting, according to Tijerino, who was present, it was suggested that the .contract be extended for a month. Several Nicaraguans asked why, and pne of the Americans on the board, named Baillie, explained, “because many things can happen in Nicaragua in that time.” Tijerino testified. Many things did happen. Anew revolution began Oct. 21. a revolution which drove President Solorzano from Nicaragua, eventually brought Adolfo Diaz back to the

LAWS WILL NOT BRING REFORM, SAYS SPEAKER

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“You can’t mane people good by acts of legislation.” “We’ve tried it in this country and we've found it won't work. A man who is goo a because a policeman Is beside him with a club, isn’t good at all. This is equally true of a nation,” asserted Charles Aubrey Eaton, New Jersey Congressman, who addressed the Associated Employers of Indianapolis at their twen-ty-third annual dinner meeting at the Claypool Friday night. His subject was, “America’s Greatest Need.” He declared this need was “Not more money, more machinery and certainly not more laws, but more brains and more character to keep pace with the material growth which is the miracle of the ages.” The Congressman painted a glowing picture American prosperity and the “golden door of opportunity” which he declared is “standing open and is hooked back to an extent never known in the history of any country in the world.” "America, with an unprecendented plan of economic development has not, however, fully awakened to its vastness. We may be forced to. The most important question before the world today, is comprised in certain decisions of the Orient.

DANCE WILL MAI AUTOS CLOSE Predict Crowd for Week to Shatter Records. At 10:30 tonight the sixteenth and most successful Indianapolis Automobile Show will officially close at the State fairground Auto Show Bldg. The structure probably will be jammed until midnight with persons participating in the closing night frolic. Officials said today the total crowd for the week will be greater than that of any previous show. Manager John Orman predicts visitors will be grouped around the location of the Buick exhibit as soon as the first auto is rolled out to make way for dancing. The Buick space, the largest at the show, near the orchestra balcony, will be cleared shortly after 9 p. m. and Husk O’Hare and his orchestra will furnish music. Decorations depicting a series of Japanese scenes, by Charles Read, artist, have caused almost as much comment as the autos. When the curtain rolls down this evening, it will be the close of the 1927 auto show season. New York and Chicago had their shows first, with Indianapolis closing the Middle West and East show season. TWO BANKRUPTCIES * Two petitions in voluntary bankruptcy were filed in Federal Court Friday. Murel B. Trout, a street car operator, Whiteland, Ind., listed his liabilities at $2,588.86 and assets at $260 for which he claims exemption. Lester P. Harbaugh, grocer, Sheridan, Ind., listed his liabilities at $4,697.20 and assets at $3,169 from which he claims exemption of $550. VOTE RELIEF FUND The Ways and Means Committee of the Indiana House of Representatives has recommended an appropriation of $2,000 for the relief of Albert Poland, former watchman at the Statehouse. Poland fell down an elevator shaft Oct. 4. 1926, and was permanently injured. He has been receiving a small amount from the industrial compensation fund.

presidency and precipitated the present Nicaraguan war. Diaz was recognized by the State Department, Nov. 17. Seven days later, according to Tijerino, he arranged anew $300,000 loan in New York. He pledged the 51 per cent stock in the National Railroad as collateral. This is worth anywhere from $1.000,000 to $2,000,000. The provisions of the loan are that if the $300,000 is not paid in April, 1928, the stock will be sold at public auction, Tijerino testified. Headed by New Yorker The loan was made by the National Bank of Nicaragua, which is probably the queerest national hank in the world. Nicaragua owns all the outstanding stock, but the president is Robert F. Loree, vice president of the Guaranty Trust Company of New York. The national bank is incorporated in

Charles Aubrey Eaton

“China is a sleeping giant. If she should awaken and decide to develop her industries, we of America will have to get on our industrial toes as never before. But if American people are true to themselves, we can hold our own under any conditions. If we don’t stand together, however, God help us and help the world.” Eyes on Orient Eaton declared that the financial condition of our country held some unprecedented indications of prosperity. "In the banks of the country we have 40,000.000 savings accounts. “A great social and economic revolution is certainly now taking form in America. In this revolution we are proposing to retain the capitalistic system. We are undertaking to cure the evils of capitalism by making more capitalists. The source of capital in the future should be the savings of the working men of this land.”: Congressman Eaton’s address was preceded by a short talk by Edward 111. Tingley, of Dayton. Ohio, seerej tar.v of the National Association of Foremen. Walter Harding, president of the G. and J. Tire Company, and of the Associated Employers, annoupoed the unanimous election of I directors for the coming year. Minister, 76, Recalls Driving Horse Cars The time when horse-drawn street cars were in use in Indianapolis seems ages ago to people who now ride the electric street cars and deposit tokens in the fare boxes, i “But it doesn't seem long to me,” Roland Cloe, 76, of 1430 W. Ohio St., said today. “I can remember when there were only two lines in the city and only four street cars. I drove one of them. We didn't have tickets or tokens In those days. And as for transfers, what would a person transfer to?” Cloe drove a horse-drawn car for two years. At that time the Union Station was about the size of an ordinary country station of today, with not half the conveniences. Cloe Is an evangelist preacher of the “old time religion,” he said with pride. He was born in northern Indiana in 1851 and came to Indianapolis after the Civil War. WORKER FATALLY HURT l Rites Today for William Westover at Reformed Church. Funeral services for William Westover. 61, of 633 Home PI., who died Thursday from injuries received at the Mass-Niemeyer Lumber Company plant were held today at 2 p. m. at the Second Reformed Church, Alabama and Merrill Sts. Burial will be in Crown Hill cemei tery. A daughter, Mrs. Grace Gels, and a son, Charles Westover, survive. A piece of sjeel which pierced Westover’s chest and lung caused his death. He had been an employe of the lumber company for twenty years. GALLERY TALK SUNDAY John Kautz Will Speak on Bragdon Theatrical Exhibit. John Iden Kautz will give a gallery talk at the John Herron Art Institute Sunday, at 3:30 p. m. His subject will be the Claude Bragdon theatrical exhibition, which Is hung in the lower west gallery. The exhibition consists of water colors and working drawings of costumes and stage sets. Kautz, who has long been active In the amateur production of plays, will Interpret the drawings and paintings from his own experience.

Connecticut, and on its board sits Jeremiah Jenks, at S2OO a month, by State Department “appointment.” The $300,000 loan to Diaz has exhausted the bank's capital, only $300,000 of its $1,000,000 stock ever having been issued. According to Tijerino, there is little hope of Diaz getting $300,000 by April, 1925, in war-torn Nicaragua. Tljerno told the Shipstead committee that in April, 1928, the railroad stock can go to the bank, that Americans in control of the bank can then Increase the bank's outstanding stock, and purchase sufficient to get control, and that then, as when Diaz first came into control In 1911, bank and railroad can again be in American hands. Tijerino’s testimony was corroborated by Jose I. Medina, Nicaraguan president of the railroad and one of the bank's directors.

Unoccupied Residence Is Burned-Other Struch tures Damaged. FIREMAN SIMS INJURED State Arson Branch Asked to Investigate. Fire, unquestionably of incendiary origin, completely destroyed an unoccupied residence and damaged adjacent buildings at Fifty-Eighth St. and Allisonville Rd.. at 1 a. m. today. Captain P. J. ‘’Riley. Pumper Company 32. who responded to alarm sent in by an unknown person by telephone estimated the loss at $5,000 or more. Riley was unable to learn the name of the owner of the property. Fireman Carl Sims. 6415 Ashland Ave., was injured when the flooring gave way and he fell to the basement. Although painfully burned and bruised, he remained on the job. Asks Investigation Riley in his report to Chief Jesse Hutsell asked that the State fire marshal investigate the blaze and the fire department arson division make an effort to learn circumstances connected with the property. After arriving at the scene, Pipemen Wildrick and Meyers were forced to lay out 900 feet of hose four blooks to a small stream. The entire interior of the residence, a one-story bungalow, was a roaring mass of flames when the firemen arrived, Riley said. Buildings Saved After breaking the door in and learning the house was vacant and no lives in Jeapordy, they sought to keep the blaze inside. A large milk house adjoining was saved except for small dan age to the front. A garage was scorched. The bungalow was constructed of the line materials, had hardwood floors and was modern throughout. Persons attracted to the spectacular blaze from miles around were unable to give any Information about the owner of the property. R. S. Wright. R. R. 5, Box 32, served the firemen with coffee and sandwiches.

CORN BORER BILE ON ITSLAST LAP Gives $275,000 to Fight Plant Diseases. The anti-corn borer bill, appropriating $276,000 to fight plant peril in the State, is in the Senate today for final action. It passed two readings in the Lower House Friday under suspension of constitutional rules. The bill is supplemental to a Federal appropriation of $10,000,000, Ipart of which wiU be spent in Indiana. The State Department of conservation gets $200,000 of the appropriation and Purdue experimental station $75,000. The bill provides that $40,0u0 be made available April 1. Representative Oscar A. Ahlgren (Rep.), cast the only dissenting vote. The bill passed 88 to 1. Ahlgren declared that the amount was too large in view of the Federal appropriation which has been made. SLASH MARKET BUDGET The board of works Friday rejected the $329,000 remodeling plans for Tomlinson Hall and city market proposed by Architect Frank Hunter. Roy C. Shaneberger, board president, announced proposed repairing of Tomlinson Hall would be dropped and ordered plans for remodeling the market at a cost of not more than $150,000. Mayor Duvall had recommended that the cost be kept down to the new figure.

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FEB. 19, 1927

And all of this is only part of the story. How two Americans, with approval of the State Department, reorganized the Nicaraguan currency in 1911 and how an America, Col. Clifford D. Ham, with State Department eld, was placed in control of Nicaraguan customs, make chapters just as strange. The United States Senate rejected in 1911 a treaty which jvould have allowed this “dollar diplo macy” following rejection, the bankers, with State Department approval, put into effect any way. The reorganization of the currency made every one of Diaz's paper pesos unbelievably good. As Shipstead summed It up: “It meant practically that they would sell in American currency a 50cent piece for sl. That Is practically turning the money, whoever had It. Into double value.”

35 KNOWN DEAD FORM SOUTHERN , CYCLONE’S TOLL Injured Total 150, Damage $500,000 in Three % States. Bu United Press NEW ORLEANS, La., Feb. 19.—A thorough survey today of the widely separated districts In three Southern States affected by Thursday's cyclone revealed thirty-five dead, 130 injured and property damage estimated at $300,000. The section hardest hit was Tensas Tarish, near the Louislana-Missis-sippi State line. Fourteen persons, most of them Negro farm tenants, lost their lives. In the Sabine parish, near Pleasant Hill, a toll of twelve lives wera exacted by the cyclone. Many were injured. At Rose Hill, Miss., forty-five miles from Meridian, the cyclone reappeared. Eight were killed and many homes wrecked. Tht twister next struck at Alexander City, Ala. The storm was almost spent when It reached there, but one man, crossing a lake in a boat, was drowned after the bout capsized. Red Cross and volunteer workers were ministering to sufferers in all the striken territories today. Work of repairing the storm’s damage va already under wav in many places. j Rains and winds, coupled wlti electrical demonstrations, added the fury of the storm. At Vicksburg l almost seven inches of rain fell, lightning struck the power plant and telephones were rendered useless. CALM IN CALIFORNIA Clear Weather Gives Opportunity to Check Up Storm Damage. Bu United Press BAN FRANCISCO, Feb. 19.—With the prospect of at least thirty-six to forty-eight hours of clear weather, California today took stock of the damage done by the snow, wind and rain storms of the week. Storm warnings have been canceled along the entire coast In California. Along the Oregon and Washington coasts there stili is evidence of minor disturbances, weather bureau officials said. No accurate estimate of the damage can be made for several days, a check-up revealed. In Los Angeles alone loss will reach more than $1,000,000, according to early estimates, chickens and rabbits died by the thousands in the San Fernando valley. Some of the 1,000 families who were forced to flee from their homes in Venice and Long Reach are returning as the high waters receded. The citrus crops in Orange County were hard hit. Roads to San Diego were still partially blocked by high waters. Hundreds of men worked tirelessly 4 strengthening railroad beds which 1 have been swept by high waters and and repairing highways. NO TRACE OF SHIT Search Continues for Freighter Elkton, Carrying Crew of 31. Bu United Press MANILA, .P. 1., Feb. 19.— Al though search continued today for the American freighter Elkton. caught in a mid-Paciflc storm, ship ping officials expressed belief that the craft had foundered. Officers of the steamer Liberator, which answered the distresa •iflUil of the Elkton, found nothing uut an expanse of oily water at the spot where the disabled craft had given her position. The Elkton carried a crew of thir-ty-seven men and had a $1,000,000 cargo of sugar consigned to Honolulu and New York.