Indianapolis Times, Volume 42, Number 179, Indianapolis, Marion County, 5 December 1930 — Page 11

DEC. 5, 1930.

WORLD FINANCE EXPERTS MEET TO SOLVE ILLS 28 Nations Represented at Conclave Convening in Paris. United Pres* PARIS, Dec. s.—Wide repercus- • ;ons appear likely to result from the world congress of the International Chamber of Commerce, convening today to consider measures for relief of economic ills. Internationally important developments of the last few days, tn- < iuding the speech in New York of Owen D. Young, suggesting generous consideration of any proposals regarding international debts, increased interest in the deliberations of financiers and economists of twenty-eight countries at, r the congress. The delegates also were ilnder- • tood to attach importance to the recent plea of Premier Andre Tardleu for United States cooperation in solving European economic distress, which at present is considered more important than political restlessness. U. S. Sends Delegates Rioting of unemployed in Berlin, and the anxiety with which many economists view the steady increase in the Bank of France’s gold reserves—by more than 257,000,000 francs this week —all added to the problems to be considered by the delegates, w'ho were invited here by Georges Theunis, president of the international chamber. The United States delegates in--clude Silas H. Strawn, chairman of the committee of the chamber; Nelson Dean Jay, the Paris partner of J. P. Morgan; Colonel Robert E. Olds, F. E. Powell, president of the British-American chamber, and Colonel William Taylor, president of the American Chamber of Commerce in France. Question of gold distribution, brought to the front by recent meetings of Young, J. P. Morgan, Montagu Norman and other financiers m London, and by the conferences of George L. Harrison with French financiers, has been given a place of high importance in the study of economic ills. Study Gold Distribution A .steadily increasing number of European experts have blamed the vast supply of gold reserves in the Bank of France as the chief cause of world' economic depression. Experts have said that the present unequal distribution of gold—with the United States and France holding most--combined with the fact that the production of gold for monetary purposes is lagging behind the growth of international trade, and thereby increasing the value in gold and decreasing wholesale prices, must be solved through international co-operation. ANCIENT TUSKS FOUND Eleplunt Ivory, Brlieved 25,005 Years Old, Discovered. By United Press VIENNA, Dec. 5. Elephants'; • usks, believed to be over 25.000 1 years old, have been discovered in | a mountain cave near here by scien- i tlsts. I

Mens Regular 25c / Ladies’Reg. M 14 Fancy *v $£ | socks /" wr' | $ 3Pre. for ’>4l CM, ° n I $ 50© t' I fjf Men's 50c Hosiery Ji) 14 F * * * y ik 8 w sZT J* &Q C ‘K- ts Si /MJr ' M ?/> J7C /\&? v/ Aj AH she wy smartest shade#. All <fiT •M. 3 fairs lor Jl/ i‘ >gf slin#. The Ideal Christmas gift. ]■ * $ R. S, Manus Cos. |i .14 ft’/ —PEMBROKE ARCADE— SB

TRAVELERS’ CHEQUES Letter* of Credit Foreign Exchange Tours and Cruises Steamship Tickets RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis PINION TRUSTS 20 East Market .street R 1 ley 5341

Terre Haute, Indianapolis & Eastern Traction Cos. Week-End Rates Every Saturday and SundayBet ween all Local and Many Interline Points ONE FARE PLUS TEN CENTS FOR ROUND TRIP Knightstown $1.12 Greencastle $1.27 Newcastle 1.45 Brazil 1.75 Cambridge City . 1.59 Terre Haute 2.22 Richmond 2.15 Sullivan 3.01 Dayton, 0., s3.3o—Springfield. 0., s4.os—Cincinnati, $4 Tickets good going an day on Saturday and Sunday. Good returning on all trains up to and including Monday following date of sale. Cafl RUey 4501 for fares to oilier points not shown above.

Mary Decorates Tree

Preparing for the night of Dec. 19, when more than a thousand living Christmas trees at Beverly Hills, Cal., will burst into a gorgeous Illuminated display, Mary Pickford is shown here decorating the first of the trees. She is chairman of the committee in charge of decorating the trees, which are grown especially for the purpose by the community of millionaires and motion picture stars.

CAPPER PROBES PRICE OF BREAD What This Nation Needs Is 5-Cent Loaf, He Says. Bu Scripps-Hotcard Newspaper Alliance WASHINGTON, Dec. s.—What this country needs, said the late Tom Marshall, is a 5-cent cigar. What this country needs, says Senator Arthur Capper of Kansas, is a five-cert loaf of bread. Senator Capper, as chairman of the District of Columbia committee, is investigating the price of bread at the nation’s capital, selling, he says, as high as 10 cents for a one-pound loaf. He will determine what elements go into the making of a loaf of bread and then spread his investigation into other cities. “When Kansas farmers were getting $1.25 a bushel for their wheat, they were paying 10 cents a loaf for bread,” said Capper. “Now they’re getting only 50 cents a bushel, and in many cities the price still is 10 cents, in some cases ff cents, rarely 5 cen's.” Permit Gill to Fly to School By Uni feel Press EAST GRINSTEAD. Sussex. Nov. 5. Permission has been given to a girl pupil of Greater Felcourt school to fly to school in an airplane.

FINDS VALUABLE RELICS Doctor Has Two Silver Dollars 130 Years Old, Civil War Paper. By United Press RIVERSIDE, Mich., Dec. s.—Two silver dollars, more than 130 years old, and a newspaper printed at the close of the Civil war are in the possession of Dr. 11. B. Mix of Riverside. The newspaper he has acquired was printed in Vicksburg, Miss., on wall paper.

Gordon HOSE ‘ UNDIES f. H AOI “I 00 ”*” . jM MiaLKm ■ H JP ilodified Black sI'ZX. M> 4 West Washington St. /J!, 5 Lv* /or ?2 . 50 REDUCTIONS BRING LOWEST OF THE YEAR PRICES ON THE SEASON’S SMARTEST FASHIONS

H E WEE? REGULARLY $lO TO $12.98 SILKS ‘ © ijßf Ag LACES CREPES AND SATINS tl|lH§i) SMART COMCHIFFONS BIN AT lONS UNUSUAL IN STYLE AND VALUE You never saw the equal of these dresses at this low price. So new and so smart, you will be amazed at their beauty. There are heavy lustrous crepes, soft chiffons, shimmering satins and lace combination. Scores of styles for all occasions. Usually these dresses sell for much more.

THE INDIANAPOLIS TIMES

SUE HEAD OF FAILED BANK FOR MILLIONS —_— Rogers Caldwell and Four Tennessee Associates Are Named. By United Press NASHVILLE Tenn., Dec. s.—The state of Tennessee has brought suit against Rogers Caldwell and four of his associates in ihe defunct Caldwell and Company and Bank of Tennessee to recover $3,000,000 in state funds deposited in the closed bank and protected by personal surety bonds given by the defendants. The suit, which was filed Thursday night, names the defendants, besides Caldwell, as E. J. Heitzberg, De Witt Carter, H. C. Alexander and Frank Marr, all of Nashville. Another suit, filed by L. D. Smith, attorney-general, in behalf of the state, sought a temporary injunction to prevent Caldwell from selling or In any way encumbering his expensive home, Brentwood hall. The suit charges that $350,000 was paid for construction of the home from funds of the Bank of Tennessee, and that the home was carried as an asset of the bank until June 1, when it was charged out of the bank by an entry against Caldwell and Company. The state charges that Caldwell and his father, James E. Caldwell, “frauduently connived” to put the home beyond the reach of the younger Caldwell’s creditors. Two weeks ago, James Caldwell made a deed of trust for the home and land to the Nashville Trust Company, to be held for his son, and stipulated that the home could not be held for any of his son’s obligations. Eaton Bank Elects B.y Tithes Special EATON, Ind., Dec. s.—ln an election of officers marking the close of the thirty-sixth year of the Farmers State bank, stockholders named Robert W. Long, president; Ralph Gregory, vice-president, and George Hoover, cashier.

CHARLES

GARNER TO DEMAND SHOWDOWN ON SHOALS Wants Either Conferees’ Discharge or a Vote of Instruction. By Scripps-H award Setespaper Alliance WASHINGTON, Dec. s.—John Gamer, minority leader, will demand an early showdown on Muscle Shoals, either by discharge of the present conferees or by a vote of the house to instruct the present conferees, he said today. This definite development in the Shoals fight heartened those in the house who favor the Norris bill for government operation, or the Norris compromise, providing lor lease of all but the power facilities. These persons were confident the house would approve one of the two when a clear-cut vote is allowed. Garner favors the Norris bill and is among those who believe it would be approved by a vote of the house.

—a| SATURDAY SPECIALS Im Indeed a wonderful opportunity for women who love fine shoes and like to save money. All of our up-to-the-minute shoes are substantially reduced. A variety of smart styles in all popular materials and colors. ■4 ‘5 Values tyi to S ipi— Ek* 5.. Oor moJow |— „ iiHjj G ~| s BRENNER'S “ “ 26 East Washington St. *

MOVE TO RUSH FLOODCONTROL House Group Wants to Speed Work as Job Relief. By Scripps-Hotcard Sewspaper Alliance WASHINGTON, Dec. s.—Subcommittees of the house flood control committee today were seeking information from the chief of army engineers with the idea in view of changing the Jadwin plan of flood control, and of speeding the Mississippi project so as to alleviate the depression. When the committee met with Chairman Reid (Rep., HI.) Thursday, he appointed two subcommit-

EUR-TWIMMED COATS REGULARLY UP TO $39,75 *22 .88 MARVELOUS VALUES INDEED Taken from our higher priced stocks and reduced for Saturday. These coats are far superior to any you have seen at anywhere near this price. Beautiful styles, gorgeous furs, distinctive models—really the greatest coat values of the year. There are styles for women and misses in all sizes—with all the popular fur trims.

tees, to confer with Major-General Lytle Brown, chief of army engineers. One will attempt to determine the progress made in the survey to determine feasibility of using reservoirs along the river # and its tributaries as means of controlling flood waters. The other will get engineering views on the feasibility of speeding up the whole program—perhaps condensing it in half the allotted time. These two subcommittees will report back to the full committee, probably next week. Dog lias Four Gold Teeth By United Press BELFAST. Ireland, Dec. 5. Pepper, a pet Airedale dog, has had four of his front teeth filled with gold because he suffered from toothache.

CHARLES

PAGE 11

Woman Has 133 Descendants By United Press FRESHWATER, (Isle of Wight), Dec. s.—News of the birth of her 130th living descendant has been received here by Mrs. Anne Mitchell. 88.

The battery is the heart of your car, from which the life flows for Starting, Lighting and Ignition. We’re the doctors when this heart gets weak. We’ll fix up the old heart: or put in a powerful new one that will outlive your car. COME TO BATTERY HEADQUARTERS