Indianapolis Times, Volume 40, Number 239, Indianapolis, Marion County, 23 February 1929 — Page 21

FEB. 23, 1929-

PROSPERITY IS AGLOW ACROSS MOTORHORIZON Every Indication Points to Great Business Year in Industry. BY A. R. GLANCY President and General Manager, Oakland Motor Car Company. Consideration of all the indications by which one may peer into the future of American industry leaves only one possible deduction—

prosperity looms ahead; greater prosperity than ever before; prosperity genuine, solid and lasting. Should this deduction prove wrong, every guage on the gigantic machine of American business is wrong. Here are a few indications: The 1928 crop returned the largest yield that

A. R. Glancy

nature has given our farmers since 1920. It is estimated that the purchasing power of our agricultural population has increased by something like 7 or 8 per cent. A steady improvement has been registered in practically all branches of industrial employment. Tire nation is earning close to $100,000,000,000 annually and has a total wealth of approximately five times that amount. The automotive industry, now supporting about 10 per cent of our population and ranking on a par with agriculture in the creation of wealth, just has finished a year of record production. It enters 1929 with a momentum of production and sales that augurs well for the entire year. Many Industries Active Steel, copper, and many other key industries are exceptionally active. Corporation earnings are at a high level. Os equally vital importance is the fact that the nation is assured of at least four years of administration by a President whose vast and varied capabilities probably are unsurpassed in any individual among our millions of citizens. Money rates have been high, but many large American corporations arranged for necessary financing when low interest rates prevailed. It may be assumed logically that the higher rates of recent months are unlikely to exercise any substantial adverse effect upon business in general. Business horizons are widening steadily. The world is larger. Business is being done on an infinitely larger scale. The last five years have seen standardization and integration of industry which have brought production costs sharply downward. In a majority of cases these economies have been passed on to the consumer. He receives more for his money. As buying power thus increases, the consumer contributes further to the aggregate turnover, quickening the currents through the channels of trade. Bank clearances and the growing tonnage of railroad freight reflect the accelerating business pace resulting from these favorable factors. Great Advance Ahead Science, discovery and invention have contributed mightily to present prosperity, and in no direction has this been demonstrated more emphatically than in the automobile industry. Anew process is invented which performs a factory operation in a few seconds less time; a new' machine is developed that does a certain job more accurately or at a slighthly lower coso. The new machine or the new process is adopted immediately. Because, multiplied by immense production, these few seconds or those few cents or that slight gain in quality assume such tremendous proportions that replacement of the old by the new becomes highly imperative. The automotive industry, generally recognized as the most, accurate barometer of American business conditions, in 1928 eclipsed its best previous record with a total production of something like 4,600,000 units. It should establish a still higher record during 1929.

DOG ENRICHES MASTER ChAses Rabbit Into Tree, Reveals. Cache of SI,BOO. Bu United Press DANVILLE. Ky., Feb. 23.—They say a man's friend is his dog. And James Ashe will cast one vote in favor of that saying. Ashe lived alone, an old man feeble and pov-erty-stricken While out walking one day his .log stirred up a rabbit. The rabbit fled to a hollow tree. As he dug around the tree trying to get at the rabbit he discovered an old kettle, containing 1,800 silver dollars. SENDS CHECK TO JUDGE Defendant Unable to Appear, Is Polite to Jurist. By United Press LONDON. Feb. 23.—Politeness when dealing with judges is using the well-known discretion. A defendant, unable to appear at Willesden police court, shows how in the following letter: “I present my compliments to the clerk of the court and enclose a blank check with which I present by compliments to the magistrate, with apologies for my absence." Wife Escapes as Mate Dies Bn Times Special MISHAWAKA,Ind., Feb. 23. Elmer Uulbricht, 00, was killed here when the Twentieth Century limited struck the auto in which he was riding with his wife, but she escaped unhurt by jumping from the car.

Warning Proved

| STOCK VALUES AND J brokers: LOANS jji im flSB' "pPh SPREAD BETWEEN VAT.IIB AND IA) AN LINES I II Mlllllll iruAwy jA3oNarv*tMjJASoHtt <927 1928

Proof of the federal reserve board’s warning that too much credit is being used for speculative purposes instead of commercial purposes is given in this chart, prepared by the Cleveland Trust Company. It clearly shows the relation between brokers’ loans and wild stock market advances. The board is trying to discourage loans for purposes of speculation.

Legal Drinks Judge and Prosecutors Sample Liquid at South Bend.

By Times Special SOUTH BEND, Ind., Feb. 23. Federal Judge Thomas W. Slick, District Attorney Oliver M. Loomis, and his assistant, George L. Rullison, took a drink today in the Federal court room here. The drink was wine of 18 per cent alcoholic content, despite the fact that all three drinkers are sworn upholders of the dry law and Rullison is a former minister. John Nicolini, restaurant keeper before the court on a charge of violating the dry law, sent samples of a tonic to Loomis for a test, after selling it by the drink. The district attorney took a drink—as a test. So did the judge and Rullison. They announced the liquid started by tasting like wine, bqt left a bitter after taste, due supposedly to something placed in it for medicinal purposes. “Well, John,” the court remarked, “this seems to be legal, but you had better stop selling it for beverage purposes. It’s all right to use it in cooking.” ( Nicolini showed stamps to the effect that the liquid had been approved by the United States treasury department as a medicine. t. STIMSON GETS OVATION ON SAILING FOR U. S. Governor-General of Philippines Leaves for Hpme. By United Press MANILA, P. 1., Feb. 23.—Gover-nor-General Henry L. Stimson sailed aboard the liner President Pierce today for the United States and was accorded one of the greatest ovations as a sendoff ever given a retiring governor-general of the Philippines. Naval and military authorities and civilians accompanied him from the Malacana palace to the ship. All the vessels in the harbor joined in giving three whistle blasts. LASH PENALTY IS URGED Legislator Would Haye Wife Beaters and Chicken Thieves Whipped. By Times Special WHEELING, W. Va., Feb. 23.

Delegate Will F. Crow of Marshall county, W. Va.. has introduced a bill in the House of Delegates, providing flogging for chicken thieves and wife beaters. Crow, 63, was a medical captain in the World war. He believes the lash would have a great effect *ln curbing these offenses.

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Dr. Crow

THIEVES FACE NEW FOE Infra-Red Rays Can Be Thrown Room. By United Press LONDON, Feb. 23,—An invisible foe to burglars, infra-red rays, is being experimented with here. The rays are invisible, and can be thrown across ar entire room or across a doorway. When an object passes through the rays an electric circuit is broken,'causing the ringing of alarms. GIRL IS WORTH - FINE Speeding Suitor Glad to Pass Over $lO and Costs. CLEVELAND. Feb. 23. After Frank Stroggin, 22. was caught speeding he told the judge that he had been hurrying to keep a date with his girL ‘‘Was your visit to your girl worth $lO and costs?” the judge asked. "All of that, judge,” replied Stroggin as he dug for the money. Brothers Like Pontiac Six Five brothers of the Verlander family in New Orleans, all business men. like the Pontiac Six so* well that, between them they have owned nine different models.

INAUGURATION TO BE MAGNET FOR MOTORISTS Thousands Are Expected to Be in Washington for Hoover Rites. By Times Special WASHINGTON, eb. 23. With ten million more vehicles registered than when President Coolidge was inaugurated in 1925, and thousands of miles of new highways more adequately sign-posted, the nation’s capital is preparing for the greatest motor invasion in its history for the inauguration of President-Elect Hoover, according to the American Automobile Association. National headquarters of the A. A. A., located in Washington, has made elaborate preparations to assist visiting motorists and every facility will be utilized for their convenience. In the meantime, reports from the network of A. A. A. clubs throughout the country are to the effect that unprecedented motor travel to Washington is anticipated. The inauguration ceremonies will climax a three-day program of festivities in the capital, starting March

Straight-Eight

. . . Marmon has made it a practical, economical, long-lived car for all to own

As the straight-eight reaches the crest of a great new popularity, Marmon is found as one of the established leaders . The straight-eight has been fittingly termed “the third great automobile development”. Just as the four-cylinder engine made the automobile dependable and the six made it powerful, so now has the straight-eight add id the important factors of smoothness and effortless operation.

MARMON MOTOR CAR CO. 11th and Meridian St*., Indianapolis City DeaIer—ELLIOTT-ANTHONY, Inc., 2119 East Washington St. ESS m & Ter " , " d *- tat T e “• m,;z. ■ m - and .... Hancock Mo,nr C„. ~,„rc„cc„Uc. H> cZ W„ „ , . Blo.nHl.Ul. M. W. A. Cole, Frankfort, tat Klbler Gnv.aor Motor Sales, Paoii, tat , jfcJ&L*SSk? ti wSito toT || • *

. THE INDIANAPOLIS TIMES

CADILLAC MADE BETTER Three Outstanding Developments Are Introduced in Gars. During 1928 Cadillac and La Salle introduced three outstanding automobile developments. They were the synchro-mesh, a silent-shift transmission; duplex - mechanical Internal shoe-type four-wheel’ brakes, and non-shatterable duplate glass for all doors, windows and windshields. 2, and between 150,000 and 200,000 people are expected to be in attend —o. The A. A. A. outlines some of the j outstanding features of the inaug- j uration as follow's: The parade will be four miles long I and will require two hours in passing. At least 20.000 people will participate, including cabinet officers, foreign ambassadors and ministers, at least thirty state Governors and their escorts; units from all active branches of the military service; national guard, veterans' groups, patriotic societies, R. O. T. C.. military schools, state marching clubs, Indians, cowboys, auto squadrons, escort of honor by ten G. A. R. vets, police, army, navy and marine bands and about twenty to thirty other bands and drum corps. The presidential party leaves the White House at 11:30 a. m., attends inauguration of the Vice-President in the senate chamber, then repairs to the outside stand w’here Chief Justice Taft administers oath

G. M.Williams and his associates at Marmon, seeing in the straighteight anew and far-reaching improvement, set about, more than four years ago, to center engineering activity on this type. Marmon engineers, headed by Colonel Howard C. Marmon, took as their task this fundamental aim: to make

M A R M ON UNDER THE DIRECTION OP G. M. WILLIAMS INDIANAPOLIS SALES BRANCH

Nash Standard Six at Auto Show

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This is Model 428, Nash standard six, four-door De Luxe sedan. It is a five-passenger car, with Royal equipmment and wire wheels.

of office to the President-elect between neon and 1 p. m. The inaugural address follow’s. The presidential proceedings will be filmed with sound effects, for the first time, and broadcast to every section of the country and to foreign countries, by means of short wave lengths. Pictures, also, will be transmitted by telegraph. At about 1:15 the presidential and vice-presidential parties leave the capitol, proceed up the avenue, have a light luncheon in the White House and then repair to the presi-

THE MAkMON "78” — low,flowing lines, distinctive fitments and powered hy a straight-eight motor of Marmon design and manufacture

dential reviewing stand to review the parade. This stand seats 800 people, all invited, and is. of the garden pavilion type, the front enclosed in glass which can be quickly removed. Special lighting and decorations will be used. The official colors for the entire city w'ill be blue and gold, these being California’s colors. The capitol grandstands will seat 8,000 people. There seats are sold, but distributed officially to distinguished folk. The presidential re-

the straight-eight a practical, economical and long-lived car for all to own. Since 1927, Marmon has concentrated its efforts on the straighteight type of motor. By such concentration, Marmon, perhaps more than any other factor, has made possible the straight-eight of moderate

viewing stand seats 800 and is likewise for invited guests only. KILAUEA QUIETING DOWN Hawaiian Volcano's Eruption Does No Damage. By United Press HILO, Feb. 23. The volcano Kilauea had begun to quiet down today after a violent eruption which afforded tourists a highly interesting spectacle, but did no damage.

cost —truly fulfilling the mission of serving the greatest possible number of people with advanced* yet tried and true, transportation. There is now a Marmon straighteight selling as low as $1465 (factory) and another slightly under S2OOO. These cars offer at moderate cost, distinctive transportation of the highest order. They avoid in every detail the commonplace and seek the unusual. Motors, bodies and all major units are made in Marmon plants to the time-famed Marmon standards of precision and care. To those who wish to travel on the wings of the new and advanced as well as the tried and proved, an invitation is extended to drive the new Marmon straight-eights. Marmon now builds: The "78”, $1965. the "68”, $1465. Prices at factory. De luxe equipment extra. Convenient time payment plan.

FIND ANCIENT 1 ROMAN GALLEYS Secrets of Old Monarchs* Revels to Be Bared. By United Press ROME. Feb. 23.—The secrets of the Emperor Caligula’s revels aboard his two festal galleys moored in picturesque Lake Nemi will soon be revealed. Pumping operations to drain tits lake and expose the galleys, directed by Premier Mussolini, had progressed so far today that the stem of one galley was less than five feet below' the surface and w'as clearly visible through the limpid water. The bow is sunk in the mud, the galley lying at a sharp angle on the sloping bottom. The water is being pumped out at the rate of about five inches daily, the ratio increasing as the level is lowered and the expanse of water shrinks. The galley probably will be out of the water before the end of March. Meanwhile, divers almost daily have been finding important objects, such as lead coverings, iron shafts and tiling, evidently belonging to the galley’s main deck. The other galley is not yet visible, as it lies deeper in the lake.

G. M. Williams, President, Marmon Motor Car Company, who inaugurated die straighteight policy at Marmon and under whose direction this old company has gained anew and far-reaching leadership.

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