Indianapolis Times, Volume 40, Number 223, Indianapolis, Marion County, 5 February 1929 — Page 8

PAGE 8

SHIFT IN STATE POLICE RULE IS HOLMES’ PLEA Force Should Be Directed by Governor’s Office, Senator Asserts. “The office of secretary of state should confine itself to clerical and not administrative functions." This was the view of Senator C. Oliver Holmes, Gary, voiced before Judiciary A committee of the senate late Monday. Holmes urged that state police be taken from the office of secretary of state and returned to the province of the Governor, where it was until the advent of “Stephenson Ism." “We have but recently seen the sad spectacle of this office becoming a political graveyard,” he continued. “Surely that is not its purpose.” Reference here was said to be t!4' failure of Frederick E. Schortemeier, secretary of state, just retired, to win the governorship nomination, despite the building of an organization through state police, automobile license bureau and other adjuncts of advantage. Otto G. Fifield now is secretary of state. “There are numerous measures to curb crime pending before the legislature,” Holmes continued. ‘An effort should be made to co-ordinate them into a constructive whole. Against Labor Policing “I would favor barring policing of labor dispute in any state police bill. * “I also would not favor considering the use of horses as provided I in the bill under consideration. So far as modern state police work goes they belong in the ark.” Thomas M. Taylor, Indiana State Federation of Labor president, was first to oppose Niblack’s measure on the ground that state police, with full police powers, become “cossacks” in riding down strikers. Mark Rhoads, former head of the autoombile license bureau and now securities commissioner in the office of the secretary of state, appeared to express the viewpoint of his chief. He asserted that the state police and certificates of title registration bureau are inseparable, all paid for by motorists, and that the protection afforded should be accorded them with the exclusion of others. Favors More Power Fifleld formerly came out for increased state police powers in presenting an increased state police budget. Senator John L. Niblack, Indianapolis, author of the measure under consideration, declared that his bill wouid take the state police ut h( politics.” The reason he cited was that Li j Indiana a governor can not succeed himself, while a secretary of state i can attempt to be governor. After the hearing he presented figures to show that under the pres- i ent state police system Indiana pays $3,714 per capita for officers. This, he declares, is the highest of any state police system in the land and he denies that they have functioned j as efficiently as officers as they have as politicians. 400 ARE ENROLLED IN LEAGUE INSTITUTE Dr. G. Bromley Oxnam Speaks at Opening Session of Body. More than 400 are enrolled in the Epworth League’s winter institute being held this week from 5:15 to 9:15 p. m. at the Central Avenue M. E. Church. Dr. G. Bromley Oxnam. De Pauw university president, spoke at the opening session Monday. The three qualities of mind necessary to keep up with the everchanging world are world-conscious-ness, social-consciousness and a consciousness of God,” he said. Classes in missions, methods, citizenship. life work, religious education, social service, pageantry and Methodism are held in thirty-min-ute g - oup sessions. Dr. W. W. Wiant, llorth M. E. church pastor, is dean.

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‘NOT LESS THAN 160’

Bequeaths Peace to Fading Lives

Btl United Prt>, CHICAGO, Feb. 5.—A $2.000,000 fund for establishment and maintenance of a home for “gentlewomen, unmarried and not younger than 60,” has been created by the will of Mrs. Suzanne King Bruwaert, widow of Edmond Bruwaert, former French consul-general in Chicago. The bequest disposes of a large part of the Bruwaert estate. Relatives reveived $75,000. Mrs. Bruwaert died last November at Utica, N. Y„ at the age of 80.

The residue of the estate, after gifts to relatives, “shall become a charitable fund,” the will read, “to create and support a nonsectarian home for gentlewomen, unmarried and of good family, not younger than 60. having small means but so limited that they would be happy lo be welcomed to a pleasant and inexpensive home, whither they would pass their last years without anxiety and knowing they would have good care in case of sickness.” The price for residents, the will states, “shall be fixed according to the means of the ladies, nothing to be paid if their means are too limited. “I should like a lady and a gen-

MnEVIRY StORE^! WHERE QUALITY COUNTS V - ■■ ■■■■■-== " I 1 " ill.

One to Grow” / EVERY child feels that isn’t a “real party’’ unless IT there’s a birthday cake topped V” s. / with a candle for each of t_ \ / Margy’s years, “and one to N. j grow.” Chuckles and gurgles / f \/ always greet a luscious home- / I / made birthday cake—and fine, / * fy \\ uniform Jack Frost Granulated I J \ V Sugar,theSugarintheßlueßox, X Try This V There’t a Jack Froet Package BIRTHDAY SPONGE CAKE Sugar for Every Purpoec On* cup Jack Froat Granulated Sugar Granulated—Confectioner. V 4 cup flour 5 •** Beat the yolks of egga with Jack Froet / Granulated Sugar; add Hos the beaten / whites of eggs, V 4 cup of flour and H s' \ —y 7 teaspoon baking powder and the rind V —/a and juice of lemon. Stir lightly, pour B|Wpltep^ T r~—-■— v J Into buttered cako mould, and bake tojjAfrLl NjTlyH If you ivant a Salty white icing, nsimfb you need Jack Froet Confectioner s Soger. Sold by all etoree that feature quality product* El 1 tefmed by The National Sugar Refining Cos. at NJ. 11l Jack Frost W CANE SUGAR NATURE'S ESSENTIAL SWEET

tleman at the head of the home to act together and to make it cheerful and pleasant, similar to those in France, like St. Terine and Chardon-Lagach.” In giving an antidote for poison do not wait for it to dissolve, but stir it up in any fluid whica can be obtained, except -oil, and give at once.

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THE INDIANAPOLIS TIMES

The Lincoln National Life Insurance Company of Fort Wayne, Indiana

This Beautiful Building Owned and Occupied Exclusively by the Company You Can Understand ' ' This Financial Statement Financial Condition as of December 31, 1928, as Reported to the . Indiana Insurance Department

ASSETS First Mortgage Loans. $43,342,561.64 On farm property $13,182,396.59 and on city property $30,160,165.05, the total being appraised at $115,816,790. Where buildings are a part of the appraisement, fire and other forms of insurance are carried and assigned to this company. In no case is a loan made for more than one-half of the appraised value. Bonds 941,191.31 School District and Municipals. Home Office Building 1,652,478.07 Owned free of encumbrance. The best arranged and most beautiful life insurance building in America. Farm Properties Unsold 2,505,519.97 Unpaid balances on Farm Properties sold on contract. 387,501.59 Loans to Policyholders 7,865,097.38 That the value of a life insurance policy, as collateral security, is appreciated by our policyholders, is evidenced by the fact that we have loaned $7,865,000 on policies. No loan exceeds the cash value of the policy. Interest Due and Accrued... 1,007,574.07 On mortgage loans, policy loans, bank deposits, etc. Net Premiums in Course of Collection 2,350,176.07 These premiums were due but not received, at the home office on December 31. However, a great part of this amount was in the hands of our cashiers in our 48 branch offices. Many policyholders take advantage of the 30 days of grace allowed in the payment of premiums. Cash in Bank and Office 1,161,845.51 Balances are carried in 37 banks throughout the country. The principal amount, however, is carried in Fort Wayne banks. $1,106,221 of our bank balances was drawing interest. The company must carry at all times a bank balance of sufficient amount to make prompt payment of death claims. Net Admitted Assets, $61,213,945.61

PROGRESS SHOWN IN FIVE-YEAR PERIODS INCOME , ASSETS INSURANCE IN FORCE 1908 .... $ 133,956 1908 284,605 1908 $ 3,520,500 1913 433,441 1913 1,019,846 1913 11,344,890 1918 2,884,181 1918 6,196,449 1918 76,082,463 1923 9,545,041 1923 20,148,409 1923 296,096,925 1928 19,533,789 1928 61,213,945 1928 658,747,143

The Lincoln National Life Is Helping Indiana Grow! Our Competent Insurance Counsellors in the Following Indiana Cities Will Gladly Help You with Your Insurance Problems: CLAUDE B. BROOKS. 516 Citizens Bank RAY E RANDELS LH * CASE ’ 624 Shetland Bldg, Bldg., Evansville, Indiana . 3744 N . Meridian St, Indianapolis, Ind. J Sooth Bend, Indiana _ rniin „ ~ T .. GEORGE LEIST, Columbus, Indiana O. F. GILLIOM, Berne, Indiana j. L. MUELLER, Lincoln Life Bldg, Fort Wayne, Indiana H. M. ROBBINS, American National ' R. A. MERLEY, 413-15 Life Bldg, Bank Bldg, 17 North Third St, ' Lafayette, Indiana GEORGE P. SPITZ, Griffith, Indiana Vincennes, Indiana j You are sure of Super-Service and tjie protection of well-invested ipillions when you LINK UP WITH THE LINCOLN!

LIABILITIES Policy Reserves $52,863,110.05 This is the amount which with interest and future premiums will pay all policy claims as they mature. Under the Indiana insurance law the securities, in which this money is invested, are kept on deposit with the State of Indiana. Additional Policyholders’ Funds 440,320.55 Amounts set aside, or already apportioned to policies in addition to the reserves. Policy Claims 1,030,516.01 Although we had not received formal Proofs of Death or Disability we had word nevertheless that certain policyholders had died or were entitled to disability benefits. $1,030,516 has been set aside to pay these claims. Reserve for Taxes 439,127.97 Life insurance companies are very heavily taxed. This amount is set aside for taxes payable in 1929. Premiums and Interest 350,201.56 Many policyholders take the precaution to pay their premiums in advance to avoid possibilities of overlooking them at the due date. Considerable interest on loans is also paid in advance. Other Liabilities . .*. 118,630.79 Agents’ commissions, medical fees, bills not yet presented, etc. Contingency Reserve 472,038.68 This sum is set aside to take care of any undue or unexpected fluctuation in mortality, investments, etc. Capital Stock $2,500,000 Unassigned Surplus 3,000,000 Surplus to Protect Policyholders 5,500,000.00 Although every liability is cared for in the other amounts set out above, this * immense sum of $5,500,000 lends additional security to policyholders. To Balance Assets $61,213,945.61

_FEB. 5, 1929