Indianapolis Times, Volume 39, Number 45, Indianapolis, Marion County, 2 July 1927 — Page 4

PAGE 4

The Indianapolis Times \ (A SCRIPPS-HOWARD NEWSPAPER) Owned and published daily (except Sunday) by The Indianapolis Times Publishing Cos.. 214-220 W. Maryland Street. Indianapolis, Ind. Price in Marion County, 2 cents—lo cents a week: elsewhere. 3 cents—l 2 cents a week. BOYD GURLEY. ROY W. HOWARD. W. A. MAYBORN, Editor. # President. Business Manager. PHONE—MAIN 3500 SATURDAY. JULY 2, 1927. Member ot United Press, Scrlpps-Howard Newspaper Alliance, Newspaper Enterprise Association. Newspaper Information Service and Audit Bureau of Circulations. “Give Light and the People Will Find Their Own Way” —Dante

sfutPPS-HOWARD

‘ i A Matter of Men / When you read the familiar letters, “U. Por tiie by-line, “United Press',’’ what picture presents itself to your mind? Do you use a wide network of (vires, connecting telegraph instrument, typewriters jx nd printing presses, a great mechanical monster with rtentacles in every town of this and other lands, autor matically gathering and speeding the news of all that happens, as fast as it happens? That is not an uncommon impression of what is meant by a press association—whether the United Press or another. But the actual thing is something very different. A press association is composed of men and women. True, it utilizes many marvels of machinery, from the still indispensable Morse instrument to the latest radio device. A press association operator now may sit at a typewriter in New York and have the words he types appear in the office of The Times as fast as his fingers hit the keys. And that is wonderful, in its way. But the important element in a press association continues to be the human beings that compose it*. These human beings make or mar the news service and all the inventions that may come to machinery cannot change this fact. News never has been, and probably never will be, foolproof. So it is that the strength of a press association rests primarily on the character of the men and women in it. Recent days have put the United Press to the supreme test. Nungesser and Coli, carrying the hopes of all France, attempted the long flight across the Atfantic., They never reached America, but a report spread throughout New York City that they had been sighted over Nova Scotia. That report was flashed* across to Paris—but not by the United Press. The United Press serves many French newspapers and these newspapers clamored for confirmation. Their competitors were on the streets with extra editions, the populace going wdld. Only the Unite i Press withheld the news. Why? The United Press didn’t have it. If the other press associations had it, then the United Press was beaten and would have to endure the unfavorable comparison. But while frantically scouring all of Nova Scotia by telegraph, telephone and radio to get itj own information, it refused to be stampeded. Nungesser and Coli had not reached America. Their fate is still a mystery. The course followed by the men in the New York office of the, United Press that day required character. If you doubt this, sit on the .sidelines some # day in that great news room, covering a full floor of the New York World Bldg. Sit there on a day when messages are pouring in from every part of the world tjhing that other press associations are reporting th or that great news event and asking why the IMited Press does not report the same. Watch the persjpration pour from the faces of the young men handle the news. They call themselves the fastest in the world. To be beaten galls them. But they stand fast on the information they have. They don’t take a chance. They don't gamble with the emotions of the millions that depend on them for news. They scored a beat of several minutes on the ar* rival of Lindbergh in Paris, but Lindbergh was there, his plane safe on the landing field before they sent the news. They escaped the necessity of correcting their own flashes on the arrival of Chamberlin and Levine in Germany—their flashes being true. And, finally, it was the United Press to which the country had to turn during all of Thursday night for authentic news of Commander Byrd and his companions. Extras were issued in many cities telling of Byrds’ safe arrival in Paris. Some carried the by-line of one press association and some carried the by-lines of another. But none of these carried the line “By United Press.” When the fact of Byrd’s landing in the English channel became known, the United Press had it—first. Indeed, it was from the United Press that the United States Secretary of the Navy got the news, as did hundredes of Byrd's fellows in the Navy, by telephoning at 3:30 o’clock in the mornnig. Seldom have such tests of a news service come in such succession. The United Press might have been first (and correct) in one, without proving anything. It might have been first (and correct) in two and still not have eliminated the element of luck. But four times out of four does prove something. We think it proves the character of the men who are banded together behind that two-letter symbol—“U. P.” The Cuckoo’s Nest One flew east and one flew west, And one flew over the cuckoo’s nest. Byrd and his pals in the lane that flew east, Maitland and Hegenberger in the plane that flew west. Lindbergh, aviation hero for all time, was in the plane that flew over the cuckoo’s nest. All true enough, the nursery rhyme, save that the country has ceased to be cuckob. As Byrd left the mainland and headed across the Atlantic, and as Maitland and Hegenberger began to approach the islands of Hawaii, young Lindbergh was sailing serenely over the States that separate New York from St. Louis. Less than fifty persons saw him depart; a less number than you would believe possible, saw him arrive in St. Louis. The country is coming out of the cuckoo stage concerning the latest exploits of aviation. Admiration for Lindbergh is no less; it is complete, but it is becoming controlled. Which is as Lindbergh would have it. By the same token Byrd and his companions will be glad to find Paris restored to sanity alia prepared to estimate their daring undertaking for what it is worth and no more. Maitland and Hegenberger, serious students of aviation, while enjoying the flowered acclaim of Hawaii, will be best pleased when they report their experiences to their superiors in the Army and check up the results obtained. A great deal has .been gained for aviation by the flights of'the last few weeks, not excluding the Slightly anti-climatic Chamberlin and Levine expedition to Berlin and the gallant but disastrous attempt bi Nungesser and Coli. They have served to awaken tn public mind to the advance being made in this, flead and to the nearness of the day when we will be flylVg. But with the public’s mind on this coming day,

its attention can no longer be held, in the same way, by exploits marked only by daring. The public isn’t clamoring—yet—to fly across either of the oceans. Its interest is now in the planes that are being perfected for daily use. It does not expect another thrill like that given by Lindbergh. It senses the fact that such thrills scarcely come twice to the same generation. Ik is looking instead for practical information. Perhaps, for the present, the dare-devils’ (lay is over. People in this and other lands would like to be spared the news of a great and needless tragedy, such a tragedy as must result if aviation concerns itself too much with efforts at new overseas distance records. After all the at large world isn’t a great Roman circus, seeking excitement in tjie blood and broken bodies of brave young men. Aviators, to be sure, could not rest until the challenge of the Atlantic had been met. In time the greater challenge of the Pacific will have to be met. But the hour for thatj seems hardly to have arrived. It is time, rather, to take stock of what has been learned and to see how this knowledge can be applied.

Enforcing Joy By Law Advocating a closed Sunday, Rev. William Shelve Chase in a sermon at Christ Protestant Episcopal Church, Brooklyn, asked voters to write their congressmen to support the Lankford bill, which would enforce jbl closed Sunday on the District of Columbia. He says: “The movement is not for the purpose of taking away joy on Sunday from the but for the increasing the joy of the community by forbidding any one to engage in any form of unnecessary labor or business.” One trouble with many reformeres is that they assume to know what is best for other people. Some of them are everlastingly trying to do something to others to make them good—assuming, of course, that they, the reformers, know precisely what is good. In the present instance Rev. Mr. Chase wants to increase the joy of the people who live in the District of Columbia. He assumes that this can be done by law, and that Congress by forbidding work on Sunday can make everybody in the natioaal capital joyful. All of us want to be joyful. That includes the people of the District of Columbia. If they think they can become joyful through the passage of the Lankford fall, doubtless they will petition Congress thus to make them joyful. But until the people of Washington want the kind of joy Rev. Mr. Chase prescribes for them and ask his assistance, why should he or any other outsider insist on forcing that kind of joy on them/by law? Some people of the District of Columbia nbw find joy in motoring through the beautiful suburbs of Washington. Others find joy in playing golf. Still others find joy in other forms of innocent, healthgiving outdoor sports. There are many who find joy in going to church, either morning or evening, and yet have time for other kinds of joy during the remainder of the day. The people decide for themselves what will gvie them joy on Sunday—apd most of them are probably dutiful members of one church or another. Legal interference with their right do as they please, so long as what they please to do is lawful and doesn’t interfere with the rights of others to enjoy themselves as they please, would be interference with the liberty of the people. That is just what the Lankford bill purposes to do—enforce by the might of legislative enactment some peoples’ notion of joy on other* who haven’t asked for that kind of joy and haven't indicated that they want it. You can’t enforce joy with a policeman’s club any more than you can make people moral and good in the same way. On the Same day that Rev. Mr. Chase preached his kind of religion, another clergyman of the same creed preached in a New York pulpit. The Right Reverend Irving Peake Johnson, Protestant Episcopal Bishop of Colorado, said: “Perfect personal freedom is the foundation of the Christian religion. We don’t have to do a thing unless we want to. Our religion is a passion springing out of desire.” So we have two interpretations of Christianity coming from the same church. We believe the Colorado interpretation will be the more popular. Someone writes to ask what has become of the fans the women used to Well,,a girl has only two hands, and how’s she going to hold a cigaret and highball and still fan herself? The tariff on Swiss cheese has been rasied 50 per cent. This will give some of our locs/ poets a chance. Instead of investigating the Paris divorce courts, the authorities would do well to examine some of the Americans who apply. \ A young Kansas farmer cleaned up nearly $30,000 playing the grain market the other day, Agriculture certainly nays. He’ll not really be famous until they find out his names not Lindenberg after all. , S' The only fault we can find with Colonel Lindbergh is that poetry.

This May Be the Answer —————— By Wilson Gardner ■ A man, driving in an automobile with his wife, went to sleep. The car went into a ditch and the wife was Injured. She had fallen asleep some time before the accident. She sued her husband for damages on account of his negligence in going to sleep and letting the automobile run off the road. He replied that she was barred from collecting damages because her negligence in falling asleep and not watching the road had contributed to the accident The wife replied that she was not obliged to be on the lookout because her husband, 61 years old, was accustomed to driving and had never fallen asleep before. She also said the day was clear, the road smooth, and that there was no occasion for speciak precaution on her part. HOW WOULD YOU DECIDE THIS CASE? The actual decision: s, The Supreme Court of Errors of Connecticut held that the wife could recover damages. It said that under "the conditions she Was under no legal obligation to oversee the operation of the automobile, and that she was not obliged to keep on the lookout for danger or to watch for signs that sleaptaess might overcome her husband.

THE INDIANAPOLIS TIMES

Why the Weather?

By Charles Fitzhugh Talman Ailthority on Meteorology

THE BRUECKNER CYCLE Professor Eduard Brueckner, who died the other day in Viqpna, though by profession a geographer, was best known to meteorologist all over the world as the discoverer of the ■“Brueckner Cycle”in weather phenomena. In the year 1890 this authority published a work entitled “Klimaschwankungen” (fluctuations of climate), in which he brought together a great amount of statistical evidence indicating that there is a period averaging about 35 years in the fluctuations of rainfall and temperature; groups of relatively cool and rainy years alternating with groups of warmer and drier years. Though the average period, according to his figures, is 35 years the actual strength of a single cycle may be as small as twenty years or as great as fifty years. The average fluctuation of temperature for the earth as a whole was found to be less than 2 degrees Fahrenheit, and the average fluctuation of rainfall about 12 per cent. Various reflections of this cycle are believed to have been found in records of the advance and retreat of glaciers, in the prices'of grain, in business cycles, in the thickness of tree-rings, etc., but there is a large amount of uncertainty in tracing periodicities of this sort. The idea of a 35-year weather cycle is an old one. It is mentioned in Lord Bacon's essay “Os Vicissitude of Things.” Inc.) . (All rights reserved by Science Servifec,

Mr. Fixit Park Board Will Probe Dead Tree Complaint

The removal of two dead trees from in front of 563 Harris Ave. was sought in a letter to Mr. Fixit today. Dear Mr. Fixit: I would like to have two dead trees removed from in front of 563 Harris Ave. They have become a nuisance and dangerous to small children who play near them, as a large piece of timber is likely to fall on them. TIMES READER. Clarence Myers, park board secretary, ordered investigation of your complaint. The board probably will order the property owner to remove the debris. Dear Mr. Fixit: Will you kindly use your influence to have points of two street corners cut off at northwest corner of Rural St. and Southeastern Ave. and southeast corner of Keystone and Southeastern Aves. These corners are dangerous because of heavy traffic. C. D. W. City Engineer Frank C. Lingenfelter requested that you file a petition with the engineering department. If that is done he will try and comply with your request'. Dear Mr .Fixit: Late last fall the contract was let to grade and gravel and fix curbing alid walks on Luett Ave. from Tenth to Michigan Sts. No sidewaiKS have been built to date. It leaves us in a predicament and we want to know the cause of delay. W. V. T. Lingenfelter advised Mr. "Fixit he w’buld take care of your request.

Brain Teasers

Answers to the questions in today’s Bible Quiz will be found on page 14: 1. What Incident in Bible history is illustrated in the picture be’ow;

2. Who was hung on the gallows prepared for Morcfecai? 3. Who was king when Nebuchadnezzar waged war on Jerusalem? 4. What was baniel named after his capture by the Babylonians? 5. What were the original names of Shadrach, Messach and Abednego? 6. How far from Christ were the disciples when He prayed on the Molmt of Olives before His betrayal? 7. To whom did Pilate sen# Jesus after IJe had first been brought before the Roman judge? (8. Where did Ahimaaz and Jonathan hide on their way to tell King David of the treachery planned against him? 9. Who brought David news of the death of the young man Absalom? 10. Who conquered the cities of Judah in the reign of King Hezekiah? ♦ How many grades of Generals are there in the United States Army? ' The term General is applied to all officers above the - grade qf colonel, and their actual grades are Brigadier General. Major General, Lieutenant General and General. What Is the meaning of the name /‘Ethel”? It is Teutonic, and means “noble.” " What Is the land area of the United States? 2,973,774 square miles.

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Mrs. Edward Franklin White Accepts Membership on Big Radio Committee to Aid Indiana Artists

0 OICING confidence that Indiana will be well represented in the National Radio Audition conducted by the Atwater Kent Foundation this aut’imn, Mrs. Edward Franklin White, Indianapolis, reporter of Indiana State and Appellate Courts, and national first vice president of the General Federation of Women’s Clubs, today accepted the foundation’s invitation to serve as chairman of the Indiana State committee, which will supervise community and State participation in the competition. Under Mrs. White’s sponsorship, early completion of a State executive committee, representing all sections of Hoosierdom, is expected. Organization then will begin of cities and towns within the State, for their local elimination contests—first step in the nation-wide search for America’s best undiscovered young men and young women singers. Winners of these local contests will compete in Indiana State audition, broadcast from Indianapolis in September or October, winners of which advance to the district audition at Chicago in November, ;here competing against State champions from Illinois, Ohio, Michigan, Wisconsin, Minnesota, lowa, Missouri, Nebraska, North and South Dakota. District audition victors—five men and five women—will compete finally in the national audition, broadcast from New York in December over a national hook-up. First national prizes—one for a youth, one for a young woman—will be gold decorations, $5,000 cash and two years’ tuition in a leading conservatory; second prizes, $2,000 cash and one year’s tuition; third, SI,OOO cash ad one year’s tuition; fourth, $500; and fifth, $250 each. Winners in the Indiana State audition will receive a silver medal; winners in district auditions a gold one. The auditions are limited to amateurs of either sex. who are not more than 25 years old. All contestants, who qualify to enter district and national auditions will be the Atwater Kent Foundation's guests during these competitions.

You can an answer to any question of fact or information by writing to The Indianapolis Times Washington Bureau. 1322 New York Ave.. Washington. D. C„ inclosing 3 . cents in stamps for reply. Medical, legal and marital advice cannot be given nor can extended research he undertaken. All . other questions will receive a personal replv. Uns'gned requests cannot he answered. All letters are confidential. —Editor. How many motor vehicles are there in the United States and in the world? In the United States 22,046.967 cars and trucks. The total number in the world is 27,507,967. Is the word “quite” in the expression “he was quite exhausted,” used correctly? Yes. If means who’ly, totally, completely. What is the address of Nora' Bayes? 624 West End Ave., New Yo%: City. v 1 bought an incubator from a company which gua.anteed to refund my money if the incubator did not prove satisfactory. I returned the incubator after a trial, but have had no answer. —What is the best way to proceed to have my money returned? Write bank, where this firm does business and state the circumstances. If you do not know the name of their bank, address the Chamber of Commerce of that city, asking for a Hist of principal banks; then write the banks asking if this firm is a there. Are rubies found in the United States? How do rubies and diamonds compare in value? Rubies have been found in the stream gravels near Franklin, Macon County, North Carolina, The

Stretching It Out

mN the Atwater Radio Kent Hour Sunday. 9:15 Eastern daylight time. Paul Althouse. tenor, will be the artist. Rudolph Gruen will be at the piano. Program follows: "Recessional" —Kipling . . R. DoKoven "What a Wonderful World U Would Be" ...Hermann Lohr "Unfold Thv Snowy Pinions <Maori Love Songi" Win. E. Jones "The Sorrows of Death"—From the Sacred Cantata. "Hymn of Praise" Felix Mendelssohn "In the Luxembourg Gardens"—Words and music by Kathleen Lockhart Manning. "Hawaiian Love Song" Chas. Bennett "The Great Awakening" ...Walter Kramer Announcement has been made of new members to the faculty of the

Director

If

William Mengclberg

Among the famous orchestral directors that Ona B. Talbot will bring to the Murat next season will be William Bvngelberg, conducting the New Yurk Philharmonic on Monday night, Oct. 31-

Questions and Answers

value of a ruby depends entirely on its color, size and quality. The more valuable are deep, clear, carmine red, commonly termed “pigeon's blood red.” A three-carat stone of ■proper color and free from flaws may be worth several times as much as a diamond of the same size. Which Presidents of the United States did not take the oath of office on March 4, John Tyler, April 6; Millard Fillmore, July 10; Andrew Johnson, April 15; Chester A Arthur, Sep-1 tember, 20; Calvin Coolidge, August 3. James Monroe, Zachary Taylor and Rutherford B. Hayes were in-

(PERI .lOIRNAE CH RONICEEt Thirty-one States of the Union balanced their budgets in 1926 and had a surplus of revenues over expenditures according to the results of a surp , . vey recently completed by the United lx educing states Department of Commerce. State This condition of prosperity and sound financing, if "it were true of Taxes every state in the union, would show that the time was at hand for the states'to begin reducing their taxes. For some time past, individuals and corporations have been complaining that although the federal government was decreasing its taxes, increased state and local taxes put on a greater tax burden than the federal government took off. The trouble is that too many State and municipal governments are indulging in an orgy of going into debt. The Department of Commerce survey shows that although twenty-three states affected a decrease in their indebtedness last year the total indebtedness of all the 48 state governments was greater in 1926 than it was in 1925. This tota) state indebtedness now amounts to $11.46 per capita. In 1925 it was $11.09. It is apparently too easy to float a bond issue,

Indiana College of Music and Fine Arts of this city. The new instructors are as follows : Alma Patton, violinist. Miss Tatton had six years of intensive training under Arthur Hartmann and Michael Press. ti Berlin: also had special work with Oscar Siegel, and Miss Patton specializes in chamber music groups. Wllard E. Ta'.lentire, violinist. Studied violin with Johannes Mlersch. Ttrlndellt and Jean Ten Have; academic work at Cincinnati College of Music and the Cincinnati Conservatory. Myra G. acilppinger. organist. Mrs. Cltpptnger has had all her training in organ work with Charles J. Hansen of Indianapolis and was his first graduate pupil; organist at the Meridian Street M. E. Church for eighteen years. Bertha Jasper, piano department. Postgraduate pupil of Jeanette Crouse, a student of the Sherwood course. Waiter Reauleaux. cello. First desk in cello in the Circle Theater Orchestra of Indianapolis for nine years. Mrs. Oliver Willard Pierce, dramatic art. Reader and teacher at Tudor Hall School. Mrs. Eugene Fife, dramatic art. Teacher of public speaking in Butler College. Miss Helen Hollingsworth. Teacher of music appreciation of Junior classes: su. pervtsor of music in the city public schools. Edna Croan. piano. Teacher of progressive series. Fairv C. Hendricks, ptano. Graduate student of Flora M. Hunter, a Junior teacher. Gertrude Whelan, piano. Graduate student of Botnar Cramer, a Junior teacher. Beulah Hager d-amatic art. Pupil of Wilma Davis Hlne. a Junior teacher, Mr. Jordan of the advisory board, is a business man and philanthropist. HHE Irvington School of Music announces the beginning of special summer terms Tuesday, July 5. Special rates are also offered in the pipe organ to pupils enrolling af this time. ' Miss Adelaide Conte will give a normal teachers' course in the piano department and will be assisted by Miss Mildred Casey, who will have charge of the classes in theory, harmony, history and sight singing. This course will cover the material for the first four years in piano work. The winner of the organ and voice scholarship offered by Miss Adelaide Conte will be announced the following week, the time for application having been extended to July 5. Miss Adelaide Conte Is spending a few week's vacation at Long Peach, Long island With her brother, I tala Conte. She will return and resume her teaching for the summer term Thursday, July 7.

augurated on March 5 because March 4 came on Sunday. How did “Hoe Cake” get its name? From the fact that originally it was baked on a hoe over an open fire. How long have precious metals been used in coinage? Among the most primitive people some kind of trade or barter was known and precious metals undoubtedly were usd as a medium for centuries before the invention of coinage. The first coins in the classical world were struck about 700 B. C.

With Other Indiana Editors

M. E. TRACY SAYS: If the Tourist Is a Good Index of Business Conditions, This Country Is Stili Blessed With Prosperity. v

BAR HARBOR, Maine, July 2. This is the Biarritz of New England. Its style and character are suggested by the fact that Bonwit Teller maintains as classy a/shop here as on Fifth Ave. f Incidentally, it is one of the few places I have found in Main® where the telegraph office remains open after D o’clock. But Bar Harbor In July is a different place from Bar Harbor in January. . Postmaster Young tells me that the receipts of his office during the summer quarter amount to more than for the other nine months of the year. Mount Desert Island Most people have a pretty good idea of what Bar Harbor Is like, even though they have never been there, but not so many know that It Is situated on Mount Desert Island. This island, though containing only 104 square miles, boasts sixteen mountains and twenty lakes. , One can stand on the top of ana of its higher elevations and poirfP out every geographical formation. If the socially elect have made It a happy setting for their vanities Its unsurpassed scenery inspired them to do so. It has appropriately been called "Little Switzerland Afloat.” Those who have visited Mount Desert Island never say, “See Napoleon and die.”

Hotels and Cottages There are 700 "cottages” in Bar Harbor either owned or occupied by summer people and costing anywhere from SIO,OOO to $1,000,000 each. There are hotels where one can get board as low as $6 a day. and clubs that one can join for as little as a king's ransom—with the right credentials. For people of less ambitious taste, there are good accommodations In private homes and small inns, but this Is no Coney Island and never will be. Mt. Desert is a collection of high grade summer resorts. Besides Bar Harbor there are Seal Harbor. Northeast Harbor. Southwest Harbor and several others not so well known. John D. Rockefeller. Jr., and Edsel Ford have magnificent places jjJ; Seal Harbor, while the late President Eliot of Harvard and other famous educators have given Northeast Harbor its exclusive atmosphere. N A James D. Dole, who offered $35,00P for the Hawaiian flight, used to come to Southwest Harbor as a boy. Early Fisheries In earlier times Mount Desert was noted for its fisheries, its granite quarries and its deep sea sailors. Many a ttoy grew up here to know the harbor of Havre, the Straits of Magellan or Java Head as well as he knew his native shore. Many a codfish, haddock or hake that was cured at Mount Desert has found Its way to some midwestern table. . j Many a street in Boston, New York, and Baltimore was once paved with Mount Desert stone. Tourist Displaces Toiler Came the tourist, concrete and centralized industry and the picture changed. The quarries where a thousand men once worked are silent, the great fish wharves have rotted down, the fleets of mackerel catchers have disappeared. This generation and the one preceding it, for that matter, found not only an easier way to earn a living, but an easier way to live. In winter the population of Mount Desert is less than 10,000. but ia summer it comes jiearer 50,000. About 100,000 visit Lafayette National Park annually. This park consists of some 16.000. acres of land that has been pur-J chased by philanthropic and given to the United Btates. It is in the interior of the island, and includes some of the most rugged and picturesque scenery. Index of Prosperity Real estate men and hqtel proprietors say that this promises to be the best season Mount Desert has had in years. Not only has about everything available been booked, but many of the larger estates have changed hands, with a general Increase of values as the result. If the tourist Is a good index of business conditions, this country is still blessed with prosperity.

and the result Is that nearly five per cent of all states expenditures last year went toward the paying of interest on indebtedness. * £ Although state legislatures met in some forty states this year, but little attention was paid toward reducing State indebtedness. If any concentrated effort is made by legislative assemblies to reduce taxes, this move will have to wait for two years, as most states have biennial assemblies. ✓ With the federal government paring down its expenses and reducing its taxes in proportion by the practice <Jf short economy—such as refunding bond issues at lower rates of interest—the state and municipal governments have an excellent example before them. What we need, apparently, are any number of real financiers to tighten up on the purse strings. Indiana needs a practical business man at its head. This State is one of those which has increased Its expenditures steadily during the last ten years. States without debts, or with quick assets in ex-( cess of their total indebtedness, are not impossible, as thrifty Connecticut has shown. When we have more states and cities in this solvent class we shall be putting government on the sound basis thal 11 shouldjae at all times.

JULY 2, 1927