Indianapolis Times, Volume 39, Number 273, Indianapolis, Marion County, 12 March 1928 — Page 2

PAGE 2

BANKER SCOFFS I AT FEARS FOR BUSINESS PANIC Slump in Campaign Years Is Only Tradition Now, Ayres Says. F BY BRUCE CATTON NEA Service Writer CLEVELAND, March 12.—There is no reason on earth why a twentieth century American should look on a presidential election year as a bad year for business, according to Col. Leonard P. Ayres, vice president of the Cleveland Trust Company, and one of the most noted business experts in the country. No reason—except tradition, Col. .Ayres believes that the tradition is now so out of date and discredited chat 1928 should see no slackening or timidity on the part of business. Furthermore, Colonel Ayres has figures to show that, of the last twelve national election years, six were distinctly better than normal business years. Five were below normal and the other was about equally divided. j No Reason for Slump Thus Colonel Ayres concludes that there is no natural economic reason for poor business in a presidential year; half of the time business is actually better than usual during the campaign. The tradition of election-time depression, he admits, had a perfectly sound origin. “For nearly a quarter of a century, up to 1904,” he says,“ each campaign found some party or candidate advancing some unsound financial theory. “First we had the ‘greenback’ men, then the free silver advocates. In each of those election years there was an issue that, if adopted, would have been bad for business. Natural for Fear “It was only natural, then, that in those days business men should be timid in election years. “That’s where the tradition came from. Business men of today were brought up on the idea that each presidential campaign year was a time for holding back. The reed for such an attitude is gone, but the attitude, in many cases, persists. In fact, now and then it happens that this groundless feeling actually does bring about a temporary industrial letup. Men think that a presidential year will mean poorbusiness. They act accordingly—and it’s true, because they think it is.” Colonel Ayres is confident that j 1928 will be a year of industrial ad- I vances. Such hesitancy as there! is, he believes, is due to factors en- i tirely separate from politics. No Dangerous Candidates “Why should business be hesitant because of the coming campaign?” he asks. “Not one of the leading parties of candidates is advocating anything ‘dangerous.’ Not one is advocating anything unsound. "Consider the three candidates who seem to be accorded the best chances by political forecasters— Hoover, Smith and Dawes. Would business have anything to fear from any of them? “Not one of these man is committed to unsound policies as regards such fundamental matters as the Federal Reserve System, the tariff, or Government ownership Business has no reason to fear them.”

BOY, 16, HELD IN JAIL, GETS DEATH MESSAGE Winslow Youth Accused of Forgery to AW Sick Father * By Times ,Special SEYMOUR, Ind., March 12. Haskell Simmons, 16, Winslow, accused of forging a check to get money to aid his father suffering from tuberculosis, was told of his parent’s death while a prisoner in city jail here. The boy left Winslow on a freight train a few days ago to seek work. Cold and hungry, he applied to police here for lodging and they recognized him as the alleged forger wanted at Winslow. The next morning they received news of th father’s death and advised the son. The boy’s mother died six years ago. WEST POINTERS INVITED Indiana graduates and former cadets at West Point have been invited to a dinner in celebration of the 126th anniversary of the United States Military Academy at Columbus, Ohio, next Saturday. Thirty-five former West Point men from the Fifth Corps area arc expected to attend the affair at the NeNv Southern Hotel. Former cadets as well as graduates are invited. Colonel Clarence O. Sheriff, city manager of Cincinnati, of the class of 1901 will be toastmaster. Hoosier’s Actor-Cousin Dies By Times Special SEYMOUR, Ind., March 12.—W. P. Masters of this city is a cousin of William Crane, noted actor, who died in Boston, Mass., last Wednesday

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WHERE’S THE ‘CORP’ WHAT MADE EGGLESS FLAPJACKS?

I'M United Press NEW YORK, March 12.—An ex-private in the 79th Division has appealed to his former buddies through the newspapers here for the recipe for the flapjacks they made the day after the armistice in France. The ex-private’s stomach has gone back on him, he says, and “the doc says there’s a whole lot of things I can’t eat and one of them is eggs.” His wife has discovered that her only recipe for flapjacks calls for eggs.

SYMONS GETS DEFENSE READY Bank Commissioner Indicted in Two Failures. Reiterating his statement that he will stand on his official record, Luther F. Symons, State banking commissioner, was today preparing to defend himself on his second indictment. Symons was arrested Saturday on an indictment charging official negligence in connection with the failure of the Warren County State Bank at Williamsport, and was released on SSOO bond. The commissioner, with his deputy, Thomas D. Barr, are under indictment by the Howard County grand jury in connection with the closing of the American Trust Company of Kokomo in September. The Warren County Bank was closed Jan. 18 and accountants are checking the books to determine the exact amount of the shortage. Land mortgages and “frozen assets” were held responsible for the bank’s difficulties by Symons. Two officers of the bank also have been indicted. Chester G. Rossiter, vice president, was arrested on a charge of having held an overdraft, and Warren Mankey, cashier, is held on five counts, three alleging he unlawfully borrowed money while an officer of the bank. Receivership duties are handled by the Williamsport State Bank. Reaffirming his faith in the State banking department and its policies, C. Oliver Holmes of Gary, president of the Indiana Bankers Association, said that the association could see no reason for rescinding its action at the midwinter meeting when it declared “its confidence in the administration and policies of the State banking department.”

Gone, but Not Forgotten

Automobiles reported stolen to police belong to: Clifford Clifton, 810 S. Addison St., Overland, 65-087, from Illinois and Maryland Sts.

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Automobiles reported found by police belong to: Auburn, license 636-668, found at Morris and Meridian Sts. Mary L. Reeves, 3121 N. Illinois St., Essex, found at Spring and North Sts. Gary Motorist Killed By United Press GARY, Ind., March 12.—Frank Roman, 36, Gary, was injured latally here wheij, his automobile collided with one driven by Charles Mullen, Chicago, on the Industrial highway. Mullen was held on a technical charge of manslaughter.

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But “ex-private” remembers the day in 1918 when he was cleaning up a P. C. about ten miles north of Molleville farm. “We wasn’t no sooner there,” he writes, “when Friebel, what had charge of the detail, he come to me and he let on he couldn’t hardly do nothing for thinking about flapjacks. “‘I just got flapjacks on my mind,’ he says. ‘lt's driving me crazy.’ “ ‘Well,’ I says, ‘let’s make ourselves some flapjacks.’

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CHARGES GIRL PUSHED AGAINST HOT STOVE Evansville Woman Causes Arrest of Child’s Stepmother. By Times Special EVANSVILLE, Ind., March 12. Mrs. Marie Edwards, 25, will be tried here Friday on charges that she pushed her stepdaughter, Virginia Edwards, 13, against a hot stove and beat her with a broom. According to the girl, she was locked in a room by her stepmother after the alleged attack, but escaped and notified Mrs. Belle Norwood, probation officer, who caused the woman's arrest. Counsel for the woman will offer evidence that the girl is incorrigible and that burns she is said to be suffering with resulted when she fell against a stove while playing at a neighbor’s house. Rheumatism Recipe While serving with the American Army in France I was given a prescription for Rheumatism and Neuritis that has produced most gratifying results in thousands of cases. The prescription cost me nothing 4 so I ask nothing for it, but will send it free to any one who writes me. Ex-Sergeant Paul Case, Room 256 Quigg Bldg., Brockton, Mass.—Advertisement.

THE INDIANAPOLIS TIMES

“‘What with?’ he says. ‘They aint give us nothing but corn willie and hardtack and instant coffee.” “ ‘Listen,’ I says, ‘you let me off this here shovel work and I’ll rustle the flapjacks.’ ” a a a THE ex-private then tells how he went to the mess hall and came back with a gunny sack of flour and bacon “for to grease the griddle, and some salt and sugar and baking powder.”

Above, squad from Ft. Benjamin Harrison firing a final salute to the memory of Patrolman Norman Schoen, Indianapolis officer, murdered in Irvington last Tuesday night. Below, color guard from Irvington Post, American Legion. The military honors were paid Schoen, World War veteran, att he Irvington Methodist Church and at Crown Hill Cemetery.

TRAFFIC TOLL HERE IS BELOW AVERAGE

New York, St. Louis Total Less: 73 Are Killed in Year. New York, Philadelphia, St. Louis, Minneapolis, St. Paul and Washington, D. C., all reported lower percentage of automobile traffic deaths for the year ended Feb. 25, 1928, | than did Indianapolis according to j statistics released today by the United States Department of Commerce. Indianapolis score for that period | was 19.6 for each 100,000 population. New York was 18. Philadelphia 16.1, | St. Louis 17.2, st. Paul 18.4, Wash- ; ington 19.3 and Minneapolis 11.9. | Baltimore showed exactly the same total as this city and Kansas ; City, Mo., reported a slight excess, 19.9. Os the seventy-seven cities I from which figures were gathered, : many were in excess of these figures. Trenton, N. J.. had 35.2; Youngstown, 0., 34.3; Memphis, Term.. 38.7; Detroit, 28.9; Nashville, Tenn.. 30.8; Omaha, 26.5; Pittsburgh, 30.6; San Diego, Cal., 31.3; Tolego, 0., 34.1; 1 Camden, N. J., 45.2; Cincinnati, 45.2; Cincinnati. 34.3; Albany, N. Y., 28.5, and Buffalo, N. Y., 24.4. I The average for all cities listed ! was 22.4 for the period. For the | fifty-two weeks ended Feb. 26, 1927, | it was 21.3. Indianapolis during the 1925-1926 period had an average of 21.6 for each 100.000. For the four weeks ended Feb. 25, 1928, Indianapolis reported nine I-deaths, seven of which were in accidents within the city limits. For the same period in 1926 there were six deaths, only three of which occurred in the city. Total deaths for the year ended

And there, while the signal ammunition in celebration of the armistice was bursting overhead. The ex-private and his buddies made flapjacks without eggs. “No, Mr. Editor,” concludes the ex-private’s plea, “what I want is that you print this and then maybe some of them old buddies what was cooks in the war will tell how to make flapjacks without eggs. Because I mean I feel just like Corporal Friebel. I’m hungry and I want flapjacks.”

Feb. 25, 1928, was 73, of which 52 j were within the city. For the fifty- ! two weeks ending Feb. 26, there j were 79 killed, of which 68 were within the city limits. FILES FOR CONGRESS William T. Quillan Seeks Nomination In Primary State Senator William T. Quillan, 22 N. Temple Ave., Saturday fled his certificate of candidacy for the Republican congressional primary in May; and George A. Hoffman, 3047 College Ave., filed his rertificate for State representative from Marion county in the Republican primary. Three-Day Bride Deserted By Times Special GARY. Ind., March 12.—At the end of a three-day honeymoon in ! a Dayton (Ohio) hotel, Earl R. nose, j a steel mill worker here, disappeared j according to his bride, who was I Miss Dorothy Burns. Chicago. She ! sought aid of police here in locating j Rose, but officers could find no trace of him. The marriage was a leap ; year affair, having taken place j Feb. 29. A. GOOD THING TO KNOW—REMEMBER IT Mrs. Mary B .. < name fur- j nished) San Francisco. Calif., says ! that “Foley Pills diuretic very quick- 1 ly stopped a bad pain In my back. | and where I used to lie awake at night with rheumatic pains, I now' | sleep in comfort, and enjoy a good night's rest.” No one should suffer backache, rheumatic pains, sleep-disturbing kidney and bladder ailments, when Foley Pills diuretic may be so easily had and at so small a cost. —Advertisement.

TAKE 100 DEAD FROM LANDSLIDE RUINSINBRAZIL Rescue Workers Threatened by Loosened Boulders Above Port of Santos. By United Press SANTOS, Brazil, March 12. Loosened boulders on Mount Serrat today threatened fresh damage to Santos, where more than a thousand workmen W’ere attempting to recover bodies of victims of Saturday’s disastrous landslide. One part of the hill today was said to be loosening and threatening the city. Should this occur, the disaster w'ould be even greater than the Saturday occurrence. More than 100 bodies already have been removed from the ruins left by Saturday’s mountain slide. Order Families to Vacate Police today warned families living in the vicinity of the mountain to vacate immediately. There were occasional minor slides and they pointed out there also was danger of another great portion of the hill collapsing. The minor slides were causing little damage but added to the danger of the workers attempting to extricate bodies of the victims of Saturday’s disaster. Recent rains had weakened support under the great boulders and Saturday they catapulted down the mountain side, carrying thousands of smaller rocks and tons of dirt onto the city. Avalanch Hits Hospital The Santa Casa Miseri Cordia Hospital was in the direct path. Many persons were believed buried there. Small houses and huts of the poorer classes and larger houses for laborers were in the pathway. An actual check of the houses buried or the number of people in the slide was impossible. It was believed, however, the total casualty list might reach 200. In some of the houses there w'ere three and four families residing, it was said. Rescue work was slow, while dock workers and all available firemen and volunteers dug at the huge piles of debris, it was considered likely that eight days would be necessary before the entire pathway could be cleared. Tire catastrophe completely paralyzed the business life of Santos, one of the world's greatest coffee ports. Hundreds of residents visited the section of the city that had been visited by the great disaster and volunteer workers of all classes aided in the attempt at recovery of bodies. Miner Killed Near Linton By Times Special LINTON. Ind., March 12.—Emanuel Haffley, 54, was killed by a fall of slate in the Mohawk mine near here Saturday.

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George Does It He's Good Attorney at 13 and Is Going to Be Better One.

By United Press NEW YORK, March 12. George Alexopoulus, 13, is going to be a lawyer. He’s a good one now, but believes he will continue in his job as office boy for awhile. George, in magistrate court, faced Albert Caleo, who was charged with slapping him. He waived the services of an attorney. “Let me ask this fellow a few questions,” George said. The court consented. “Now, when you thought I gave you the razzberry, weren’t there several other boys w’ith me?” George asked Caleo. “Yes,” said Caleo. “It might have been some other boy w’ho razzed you, then, mightn’t it?” “Yes.” “If I had done it, wouldn’t I have run when you started after me?” Caleo admitted that sounded logical. George called four of his playmates to the stand and they corroborated Alexopoulus’ testimony. The magistrate found Caleo guilty. “What shall I do with this fellow?” he asked George, “Aw, let him go, judge. And say, I've got to beat it. I’m going to be late getting home and I haven’t got a black eye for an alibi.” Airport Sites Inspection By Times Special TERRE HAUTE, Ind., March 12. —The airport committee of the local American Legion post has been advised that a Federal inspector will be here Thursday to view several sites being considered for an airport,.

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.MARCH 12,1928

LINER BEATS HURRICANE IN RACE TO PORT Vessel Safe at Tokio After Fighting Savage Storm in Pacific. By United Press TOKIO, March 12.—The Dollar liner President Lincoln docked this morning at 9 a. m., after riding out one of the worst hurricanes' in the history of the Pacific, The hurricane, which raged across the ocean at a speed of 100 miles an hour, destroyed the ship's radio and prevented Captain H. L. Jones from giving notice of the plight of the giant liner. When the storm struck, Captain Jones was forced to turn from his course and ride out the storm, he said. He rigged a temporary radio, but \vas unable to communicate with the Yokohama office of the Dollar Company. Fears were expressed in shipping circles Sunday when it became known that the President Lincoln was hours overdue. There had been no report for hours and the seas were known to be running high. Hour by hour went by, with no news, and fear increased for the vessel and its 100 passengers and crew of approximately 240. Severe storms had been sweeping the Pacific for several days and many smaller craft had been damaged badly. But the big vessel weathered the great breakers and drivirfg wind aid arrived at the port of Yokohama safely, almost 24 hours late. Thanksgiving in Canada is observed on Armistice day.

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