Indianapolis Times, Volume 41, Number 281, Indianapolis, Marion County, 4 April 1930 — Page 9

OP9TL 4,

STEEL AND OIL BATTLES BLAZE ACROSS WORLD Chief Commodities of War in Struggle, ‘Fronts’ Are Wide-flung. BY LYLE C. WILSON, Cnited Press PtsfF Correspondent WASHINGTON, April 4. Two commodities without which no war can be waged are the subject of spectacr’-'r disputes today as representatives of the five naval powers seek further safeguards for peace in London. The commodities steel and oil.

Tomorrow, Saturday, Victor Offers This Gorgeous livmgß^pm i mSZM Despite lis low price this ivonier outßt >(gl 18. Snl -dfttO;Ti'"""''Tl L^*^jMilill(l|l(!r , |i, \ j/r mous Guarantee. HHilll IllllMl *™tJr Chosen Outfit Includes Station-Back Chair —Bridge Lamp & Shatje —Occasiomd Table —Pair^Bmik^Enda dS KsEUtßr The suite J S tailored ALL-OVER in multi-colored velours with reversible cushions and many other desirable features, wjk ii All the beautiful furnishings listed above included. See this wonder outfit! Save immensely. \j DOWN Delivers It! 1 — ! — i 3-Pieee FIBRE-REED SUITE WM tt r> . Ah Amazing Value—The Greatest in Our History! ; ■ Cm CniSine Simmons Con Three beiuitiful pieces—settee, chair and rocker of specially re- * s '( • _ charming new and coi- Ul . Ilj ' 'jttuf' Choice of _ %&tJt+isMrarrr*r.’m Bed Springs I^MH ONLY 45c DOWN! vB8B& SI.OO DOWN DELIVERS IT! AGAlN!—Tomorrow, Saturday, V/e Offer 50 j ~ 7~TZ 77770 a v~rmrvt . ; Tomorrow , Saturday—ONE DAY ONLY! —— ——— New Design Summons <; ad £522. K “ s CTK . vy i: Reg. $2.98 Guaran- q Fost —* Sfc & £iJejjU KiEL’iLf teed Electric Iron v 1 •“*' | is,n 1 High warranted nickel finish—with *§£ sr. - ... rrny, , ls . I Slxe I §#sWw i : cord and plug com P lete - ° nl y a §k OCSIf •'I u f~~pr • ffjlfc I; he“Syi r at ,his ,ow prl “ so JL i; 1 1-—I -liniiHlj iiSlI I L g L g|l ||l '° U Will fiD<l th,S “ eW “The Home of Guaranteed Fnrnitnre” is conveniently located on Washing- — u- J # * 1 A** 4 *™ l ! sim- ton 8t„ jast 1% blocks west ot Illinois St., directly opposite htatehoasn. s 0 1 2?7-237 sE I "Hr r —45 c .

The oil war, so-called, has fronts throughout the world. The steel s‘ .e centers today in Youngstown, 0., where Cyrus S. Eaton is seeking to prevent Charles M. Schwab and E. G. Grace from rr ging the Youngstown Sheet and Tube Company with their Bethlehem Steel Company. There Is practically no rivalry between the United States and Europe in the steel trade, but there is constant friction over oil. State department archives contain countless documents bearing on disputes involving efforts of American oil men to enter or dominate foreign markets or production fields. American relations with Mexico, Colombia, Great Britain, France, Spain and countries of Uie near East have been affected by the machine age thirst for pet’-oieum. Today the battle blazes brightest in eastern Asia with Standard Oil of New York apparently challenging Royal Dutch She”. China, Japan,

the Straits Settlements, Indo-China, Siam and the Dutch Indies are the priz'\ The Texas corporation and several small inde—’ndent companies are aligned with ' andard, according to reports of the Asiatic situation. Some responsible pulbicists and statesmen believe these vigorous international competitions contain the seed of further war. All lines of industry are for foreign markets. President Hoover ha attributed much of America’s prosperity to this country’s heavy ex-pr-e trade. The contest at Youngstown is interpreted here as ’■''fblehem’s effort to obtain adequate sheet and tube facilities in which it now is deficient. Knowing experts predict another rrereer, involving the Gulf States Steel Corporation at Birmingham. Importance of this company is said to rest primarily on rir'-' coal and ore holdings.

THE INDIANAPOLIS TIMES

INDIANA PAVING PROGRAM WILL KELPJOBLESS 1930 Schedule Will Place $18,G00,000 in Pockets of 15,000 Persons. Indiana’s state road building program for 1930 will place $18,000,000 in the pockets of 15,000 persons and go far toward relieving labor depression in Hoosierdom, it was asserted today by members of the state highway commission. A minimum of 500 miles of pavement is contemplated and more

than five thousand miles of highway will be state maintained. 500 Miles to Be Bnilt Urged by Governor Harry G. Leslie to expedite its program in order to help absorb idle labor and stimulate general business, the commission already has contracted for 315 miles of pavement. This is 200 miles more than it ever contracted for before so early in the season in the eleven years’ commission existence. The commission budget this year will be more than $24,000,000, according to Director John J. Brown of the highway department. Os this sum. $17,800,000 will be invested in construction as follows: $15,030,000 for pavement and $2,770,000 for bridges. The sum of $5,400,000 will be invested in maintenance and for motor transport. Labor Gets Three-Fourths Chief Engineer William J. Titus of the commission estimates that about three-fourths of each high-

way dollar invested goes directly for labor dollar invested, whether expended by the commission or bycontractors obtaining paving contracts. On this basis $18,000,000 of the entire highway fund of approximately $23,000,000 in 1930 will go directly to individuals employed. Estimating the average wage of each worker at $1,200 a year, 1,500,000 will be benefited, Titus points out. REVAMPS ‘PASSION PLAY’ Oberammergau Professor to Restore All Individual Music. ! Bit United Press OBERAMMERGAU, April 4. , Professor Zeno Diemer, a native of O'oerammergau, has been intrusted with the task of restoring the incidental music of the “Passion Play” to its traditional form, from which it has departed in the last several decades.

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