Indianapolis Times, Volume 41, Number 22, Indianapolis, Marion County, 6 June 1929 — Page 2

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FIVE BILLIONS IN OLD MONEY TO BE RETIRED New and Smaller Bills to Go Into Circulation on July 10. F-. ' ‘ WASHINGTON. June 6 Starting July 10. more than five billion dollars in paper money is to be taken out of circulation and a similar amount of smaller-, ized currency is to be Issued in Us place. The treasury department announced today the date when the new "little money" is to be issued simultaneously at all federal reserve banks and associated institutions throughout the country. Walter O Woods, treasurer of the United States, today estimated that fifty years or more would be required to eliminate the present-size currency. Mojt of it will disappear by the end of this year, but the government does not. expect to be able to reach into the many small hoards of private citizen?, so rapidly. Woods said that the government atill is cashing in special currency issued during Civil war days and anticipates that present-size dollar bills may rven be coming in for exchange when the year 2000 rolls around. The new bill.-; arc 6 5-16 inches by 2 11-16 inches, or two-thirds the size of present currency. Five kinds of paper money now are issued Untcd States notes, commonly called greenbacks: silver certificates, gold certificates, federal reserve notes and national bank notes. From the standpoint of the treasury department, the national bank notes will be the most difficult to exchange, according to Woods. He says each present-size national bank note

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A To which three generations have en> L/ trusted their business and personal OOnKIVIQ financial affairs. Out of this sixty-four-i * g g m " year record of service has come a AT si I l/it a /\n reputation for friendliness, strength, Ml lIIMJIIwfI promptness, accuracy and trustworthiness. Consider these things when selecting a bank for your ... Commercial Account . . . Letters of Credit . . . Savings ... Travelers’ Checks . . . Safe Deposit. ROY E ADAMS President J. D. Adams Manufacturing Cos. CLARENCE S. ALIG Vice-President Home Stove Cos. FRED G. APPEL V President Gregory & Appel. Inc. HENRY W. BENNETT President The State Life Insurance Cos. ARTHUR V. BROWN JIBB President Union Trust Cos. President Railroadmen's B. and S. Ass n. EUGENE H. DARRACH President Inter-State Car Cos. £m pT' G. A. EFROYMSON 4 President H. P Wasson & Cos. HENRY EITEL Vice-President ABF ", 'l R. MALOTT FLETCHER ,jj Cos. Trustee Malott Estate >T ' HOLLTDA w j H olliday * co. W Trust Cos.. Pres.. Columbus. Ind. JOHN J. MADDEN President John J. Madden Mfg. Cos OL 1 The Meyer-Kiser Bank Jpf .siIMiBMBIIT 1 EDWARD L. McKEE fiL . Treasurer McKee Realty Cos. GWYNN E. PATTERSON Vice-President J/B&S •> NORMAN A. PERRY i- President Indianapolis Power & Light Cos. " ’MM):'. -' SAMUEL E.RAUH JHpgk* - - Ch. Board Belt R. R and Stockvards Cos. ■ ; PETER C. REILLY £&'. ' V President Republic Creosoting Compass J&. 'f- r'- WILLIAM L. TAYLOR Attorney-at-I.aw • * ,'j? FRANK D. STALNAKER Presided

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Two Minnesota fliers. Owen Haughland, left, and Gene Shank, are planning anew endurance flight attempt after the disastrous ending of their effort at Minneapolis. They may make the attempt at Wichita, Kan., according to their announcement. Below is shown their plane, the Miss Ranger, which went into a nosedive when a line from a refueling plane fouled on its wing.

must be traced back by the department to the national bank which issued it and payment made when the exchange takes place. new-size currency will have greenbacks. The faces will be printed n black, and serial numbers will be imprinted in the following colors: Silver certificates, blue; U. S. notes, red; gold certificates, yellow; federal reserve notes, green; natioal bank notes, brown. The texture of the paper used is stronger and it is anticipated the dollar bills will last more than a year, instead of seven to ten months, as at present. PASTOR DISCUSSES INDIA Christian principles are supplanting older national religions in India. the Rev. W. B. Collier, pastor of Arlington parish, returned evangelist and educational worker of the Methodist Episcopal church in India. told the Bible Investigation Club at the Y. M. C. A. Wednesday night, in an address on "The New Religions Movement Among the Men in India.' 1 An original poem. “Our Nation's Flag and Song," was read by Harry C. Hubbard, veteran Panhandle shops employe. At its next meeting the club will celebrate “Baptists’ night."

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FAMOUS BOWERY THEATER BORNS ‘Cradle of American Stage’ Destroyed in New York. Bit United Press NEW YORK, June 6.—The old Bowery theater, where once Booth, Forrest and Gilbert played, was destroyed Wednesday by a spectacular fire that could be seen over a wide area in Manhattan, Brooklyn and New Jersey. With the passing of this decrepit structure, New York loses one of its ! most historic lank marks, for the ! theater had been devoted to the drama for more than 100, years. If often was termed the cradle of ; all American actors and actresses of ; the early nineteenth century. Once called the Thalia theater, i the old Bowery institution was known in recent times as the Chinese theater. When the four-alarm fire was I sounded today the nearby natives of Chinatown, attired hurriedly in | a colorful assortment of costumes, | looked on sadly as their theater was : destroyed.

THE INDIANAPOLIS TI-MES

ENLARGE BOOZE PATROLS ALONG CANADIAN LINE Total of 13? Men Added to Stop Liquor Flow From North. BY RAY TUCKER, Times Staff Correspondent. WASHINGTON, June 6.—An elaborate prohibition enforcement program involving utilization of planes, faster ships and a larger army of agents has been inaugurated along the Canadian border by the American government as one answer to charges that it should put its own house in order before calling on Canada to enforce our dry laws. Prohibition and customs authorities have been spurred to greater efforts by the refusal of Canada to revise the 1924 treaty in accord with American requests, and the further disclosure that rum running across the northern border has become the most serious obstacle to any attempt to dry up America. The customs service has already started to enlarge its forces by the addition of 203 men, of whom 132 will be assigned to the border at stations ranging from northern New York to Seattle. Fifteen will be placed at Buffalo and forty at troitRecent reorganization of prohibition districts in northern New York has already produced excellent results, according to Seymour Lowman, assistant secretary of the treasury in charge of prohibition enforcement. Anew district was created, with headquarters at Albany on the Hudson river. The forces are concentrating on bootleggers whose route leads from Rouse’s point down the Hudson valley into New York city and Pennsylvania. This enforcement stronghold was

EXCEPT THEIR CAR ncn 13 itj > V ’ Ot the cars you see on the roar! today, three out of ■ five have been purchased by their owners as used cars.” TlMt I very low cost. For the purchase of used cars, as well ■ i as new cars. General Motors extends the convenience of the GMAG Purchase Plan. GENERAL MOTORS "4 car for retry purse and purpose ’ CHEVROLET ■ PONTIAC • OLDSMOBILE • MARQUETTE • OAKLAND • VIKING • BL'ICk ■ LaSALLF. CADILLAC • All with Body hy Fuhtr GENERAL MOTORS TRUCKS - YELLOW CABS and COACHES FRIGIDAIRE The Automatic Refrigerator • DELCO-LIGHT Electric Power and Light Plants • 5 W\TER SYSTEMS • GM AC Plan of Credit Purchan TUNE IN —General Motors Family Radio Party. Every Monday evening. 8:30 Eastern Standard Time, WEAF and 37 other stations associated with N. B. C.

formerly joined to the New York j city district, and the problems sac- j ; ing the administrators of the two ! ! units were wholly unrelated. The j ' separation of their duties, accord■ing to Lowman, has brought a more specialized offensive against both I Broadway and border bootleggers. Several leaky spots have already,, been plugged, according to Lowman. Palmer Canfield, the New Albany j administrator, recently chartered a i squadron of planes for a survey of ! his frontier, and more frequent use I i of aerial weapons have been predicted for areas where motorized j units can not cope with the rum i runners.

Class to Be Confirmed > Pii Times Special , I ANDERSON. Ind.. June 6.— Bishop i Joseph Francis, Indianapolis, will confirm a class of new members at a parish meeting of Trinity Episcopal church here June 12. it is announced by the Rev. Floyd Appleton, rector.

\ Aj you chew it

SLEEP WALKER FALLS Plunges From Second Floor, But Is Unhurt. Bu United Press BUFFALO, June 6.—Miss Jean Podkowinski, 17. took an early morning walk, fell two stories to the ground and within twenty minutes was back in bed again sound asleep. The girl, a somnambulist, fell from her bedroom window to a plot of ground below which had been recently dug up for garden planting. She was uninjured. People of Great Britain* bought 100.000 pianos last year. . __

R..un.l Trip Round Trip SPECIAL TRAIN TO BLOOMINGTON ILLINOIS CENTRAL JUNE 10 th Account Graduating Exercises of Medical and Dental Schools, Indiana University Tickets Rood on special train only. No baggage checked. Children hail fare. T.t. Indianapolis 10:30 a. m. Ar. Bloomington Noon T,v, Bloomington, 8:45 p. m. Ar. Indianapolis 10:15 p. m. (Stops will be made in both directions at stadium platform) Tickets on sale City Ticket Office, 114 Monument Circle (Phone 1.1. 6404), or Union Station. F. IV. Stephenson. District Passenger Agent, 315 Merchants Bank Building.

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