Indianapolis Times, Volume 41, Number 169, Indianapolis, Marion County, 25 November 1929 — Page 3

JWT. 25, 1929.

EXPANSION IS ANNOUNCED BY R.IVWPS Plant Extension Arranged by Scripps-Howard Group for 1930. Bu United Prm WASHINGTON. Nov. 25.—Building and plant extension plans for 1930 for the Scripps-Howard newspapers, involving several million dollars, were announced today by Robert P. Scripps, controlling owner of the papers. In line with the business advancement statement, incident to President Hoover’s last week’s White House conferences, the announcement said these newspapers share the belief of the President and his advisors that the country’s economic conditions are fundamentally sound and that next year should be one for growth and expension of constructive enterprises. The statement said the expensions are made necessary by present and immediate prospective business conditions, with the further prospect that before the end of 1930, consideration must be given to other plant and building enlargement problems. The program included the following:

New York—New plant for the 1 New York Telegram In anew downtown building in addition to completion and occupation of a second uptown plant. San Francisco—Erection of a new building by the San Francisco News and installation of complete new mechanic equipment. El Pasco —Completion and occupation of anew building with new and enlarged mechanical facilities by the El Paso Post. AKRON, O—Construction of a building with new mechanical equipment by the Akron TimesPress. Cleveland—Enlargement, by about one-third, of the Cleveland Press building and installation of additional presses and typesetting machinery. Indianapolis—Remodeling of the Indianapolis Times building and installation of new presses and stereotyping equipment. Youngstown—Completion of plans for erection of anew building and plant by the Youngstown Telegram. “It is the policy of these newspapers to invest primarily in men and ideas rather than in bricks, mortar and real estate,” said Mr. Scripps’ statement, “and to move only as fast in the matter of building and plant investment as the needs of our business demand and general conditions warrant. "Most of our plants and buildings are new and commodious. Yet the above detailed expansions are made necessary by present and immediate- I ly prospective business conditions, i Furthermore, it appears likely that, before the end of next year, we will have to consider other plant and building enlargement problems.” Build New Plants fin United prr .* NEW YORK. Nov. 25.—Two newspapers here, the Herald-Tribune and

Fletcher Trust Banks Fletcher Trust Banks comprise the main office and five branches of- Fletcher Savings and Trust Company—lndiana’s largest trust company—and six affiliated banks controlled by Fletcher Savings and Trust Company. Fletcher Trust Banks serve more depositors than any other bank in Indiana. You, too, are invited to take advantage of the convenience of any of the twelve offices, Doivntmvn Office Northwest Corner Pennsylvania and Market Street* East Side Offices North Side Offices 2122 East Tenth Street 3001 North Illinois Street 1506 East Washington Street 1541 North Illinois Street 458 East Washington Street 1533 Roosevelt Avenue 5501 East Washington Street 6235 Bellefontaine Street West Side Offices South Side Office 474 West Washington Street • 1125 South Meridian Street--1233 Oliver Avenue jfletcher (Trust Santos INVESTED CAPITAL MORE THAN THREE MILLION DOLLARS FLETCHER SAVINGS AND TRUST COMPANY IS A VOLUNTARY MEMBER

U. S. Names Peace Group

Members of the “American peace expedition to Europe,” these men will go to London in January as the United States’ representatives at the five-power conference on naval limitation and reduction. Top Row (left to right)—Dwight W. Morrow’, ambassador to Mexico; Senator David A. Reed and General Charles G. Dawes, ambassador to Great Britain. • * Center—Hugh S. Gibson, ambassador to Belgium; Secretary of Sate Henry L. Stimson, chairman; Read Admiral Hilary P. Jones, retired. Bottom Row—Admiral William V. Pratt, Senator Joseph T. Robinson, Secretary of the Navy Charles Francis Adams.

the Daily News, have new building projects under way, The Herald-Tribune is building a twenty-story addition to its present building, cost ng approx mately $2,000,000. It will be ready for occupancy Feb. 1. The Daily News new plant, also being built in mid-town, will be thirty-six stories high, and will coot $11,000,000. The building will occupy one acre of ground and will be completed next May. COLLIDES WITH SIGNAL Negro Driver Held After Hitting Traffic Light With Car. Eugene Stooks, Negro, 2249 Yandees street, was taken to the city hospital after an Oakland sedan he was driving collided with a stop and go sign at Meridian and Michigan streets early today. The automobile, owned by Rice Hindman, 517 H Ogden street, was wrecked. Stooks suffered severe cuts. He was arrested on charges of reckless driving, drunkenness, and operating a motor vehicles while under the influence of liquor.

HONOR TO AUTHOR Knighthood May Be Result of ‘Journey's End/ Bu United Press LONDON, Nov. 25.—R. C. Sheriff, author of “Journey’s End,” may be awarded knighthood in the new year's honor list, on the basis that his play rendered an immense service for the cause of world peace, it was understood today. The play now is running in New York. HURT IN 3-STORY LEAP Fractured Skull Is Result of Jump to Elude Police. Paul McAllie, 26, who leaped from a third-story window of an apartment at 617 East North street, to escape arrest Saturday, was found in Methodist hospital Sunday suffering from a skull fracture sustained in the jump. Police were seeking him on child neglect charges. His condition is not serious.

THE INDIANAPOLIS TIMES

FRANCE INSISTS ON NAVAL EDGE OVERJTALIANS Parley Trouble Seen in Offing as Rival European Nations Haggle. BY STEWART BROWN United Press Staff Correspondent PARIS, Nov. 25.—Conversations between Italy and France looking forward to an agreement, especially on retention of submarines, preparatory to the five-power naval conference in January, faced a serious breach today over the declaration of France’s minister of marine, Georges Leygues, that his government never would accept naval parity w’ith Italy. Minister Leygues told the United Press that France would refuse to agree with the Italian demands for parity, as set worth in the note submitted by Count Manzoni, ambassador from Rome, when the conversations between the two nations were reopened last week. To Insist on Parity The Italian note left little doubt that Italy would insist upon a parity agreement before considering reductions of submarines and cruisers. Leygues declared that France hoped to continue conversations, but would insist upon two points—first, she will not accept parity with Italy and, second, she will not change her attitude tow r ard submarines. The Italian note now is being studied, and as soon as experts conclude their work Premier Andre Tardieu, Foreign Minister Aristide Briand and Minister of War Andre Maginot will confer to frame the French reply.

Not to Be Exceeded I Premier Mussolini’s note, as transmitted by. Count Manzoni, states emphatically that Italy has decided that “in matters of military, naval and air disarmament, Italy is prepared to accept any basis, even the lowest, provided it will not be exceeded by that of any other power in continental Europe.” France will reply quoting the League of Nations’ covenant to the effect that “in reduction of armament, the geographical situation and special conditions of each country must be considered,” and insist that she needs a larger navy than Italy to protect her colonies. Covington Musician Dies B.v Times Special COVINGTON, Ind., Nov. 25.—W. E. Youngblood, 63, local musician, is dead, a victim of heart disease.

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Cordurcy Vests Good serviceable corduroy vests. Heavily lined. All sizes. *2.45 Street Floor

24th ANNIVERSARY SALE

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