Indianapolis Times, Volume 42, Number 193, Indianapolis, Marion County, 22 December 1930 — Page 11

Second Section

Embezzles 8 Millions; Not a Dollar Goes for High Living or ‘Parties ’

BY JACK CAMPBELL HOLLYWOOD, Ca.. Dec. 22.—A man who took $8,000,000 of other people's money, but did not use a cent for his own personal pleasures or for his family's—that is the unusual description that is being applied today to Gilbert Beescmeyer, head of the defunct Guaranty Building and Loan Association, who is in the county jail here awaiting trial on Jan. 5 for embezzlement. Beesemeyer. dubbed "a modern Pcnzi” by the 20,000 investors who lost ;heir money when his company crashed, was a reserved and mysterious figure before the crash. Now that his immense defalcations have been discovered his path is more mysterious and involved than ever. Most large-scale embezzlers live high while it lasts. Not so Beesetfipyer. With his wife and 17-year-old son Elmer he lived the modest h:c of a man on a salary of SSOO a month. He drove a medium-priced automobile and provided his son with a small coupe.

A small one-story bungalow, precisely like countless others in Hollywood. was his home. It was quiet end comfortably furnished, and never was the scene of wild parties or lavish entertainment. Beesemeyer neither smoked nor drank. He arose every morning at 6. and elmoit always he was in his office by 7. He worked through the entire day until evening; and very often he would rush through his dinner, go back to his office and spend the entire evening there. Spent Evenings at Home He did not mingle much, and When his office work did not claim his evenings he spent his time at home with his family. Yet few men ever have been accused of a greater embezzlement than the one wjiich he confessed following his arrest. Apparently unwise investments and speculations accounted for most or the missing millions. The thefts started four years ago, when Beesemycr lost $25,000 in a department store investment. He took more money in an effort to recoup, invested 'it badly, lost it and look more. The stock market crash, it is believed, hit. him very hard. He is known to have sunk $2,000,000 in an oil company that failed after producing five dry wells. Fights for Freedom When first arrested he seemed contrite, and said he worried onIV about the prospect of returning the money to people who had intrusted it to him. Later. however, his attitude changed. He is now fighting for his liberty, and has retained Lecompte Davis, noted criminal lawyer, to handle his case He asserts his speculations were so intricate that only he will be able to untangle things and recover part of the money lost Beesemeyer was highly regarded both as a business genius and as a man. He attended the Presbyterian church regularly and contributed in large amounts for the upkeep of the church. Many of the investors who lost money in the Guaranty crash were his fellow church members. "Pillar of Strength" Among his business associates Beesemeyer was looked upon as a financial genius and one of the pillars of strength upon which Hollywood is builtHe was always ready to come forth with a substantial amount of cash for any business venture that seemed to spell progress for Hollywood. His own personal fortune was tied Tip in various theaters, hotels, mines, aircraft companies and oil companies. Following his confessions of defalcation he immediately signed over all his personal property to the Guaranty. HELD IN COAL FRAUD Negro Charged With Hoaxing Several Indianapolis Firms. Ocella Wilson. 29, Negro, 1223 Lafayette street, was held today aft#r allegedly working a confidence game on several coal companies. In a statement to police Wilson is said to have confessed he ordered coal and asked that the driver bring change for a S2O bill. While the driver unloaded the coal. is said to have taken the change and promised to bring the bill. Two drivers complained that they gave up their change, unloaded the coal, waited for Wilson to return, and finally were forced to reload the coal and go away without their money.

Kull Uiwd Wire Service of she United Press Association

THREE BANDITS REST IN DITCH Burial Madeln Cemetery at Poorhouse. By Times Special SIDELL, 111., Dec. 22. —Pine boxes painted black served as coffins for three bandits killed after robbing the Citizens bank at Clinton, Ind., Tuesday. The dead are Herman Lamm, Pittsburgh, Pa.; E. L. Hunter, Terre Haute, and G. W. Landy, Cincinnati. The robbers were buried in the cemetery of the county poor farm near here. There was no religious service. The coffins w r ere placed In a ditch which serves as potter’s field. It is expected that more than SI,OOO found on bodies of the three will be given to the family of Joe Walker of Dana, a deputy sheriff slain in a gun battle following the bank robbery.

JOBLESS GIVEN AID Work, Clothing Provided for City’s Needy. Aid for the needy increased from | three sources today at the city hall. One hundred and fifty men have been employed to clean downtown I streets and sidewalks, works board members announced. The men will be retained until all work is comI pleted in the business district. ’ Additional funds were pouring into ; coffers of the City Employes’ Relief Association today, Francis Cole- | man„ treasurer, announced. The clothing department of the association was closed last week due to the ; heavy demand wiping out the entire ! stock. Fifty more men will be employed to aid in cleaning Pleasant Run, B. J. T. Jeup. sanitary board president, announced. Last week 100 were named for jobs and the additional group will be hired from 500 who j have applied for work. Man and Wife Sentenced • Ty Times Special WASAW, Ind., Dec. 22—Miles Stillwell and his wife are both unj aer sentence to penal institutions as : a result of stealing three sacks of ! coal from a Big Four railroad car. Stillwell was sent to the penal farm ; for four months and his wife to ! the Indiana Woman's prison for thirty days by Mayor L. J. Bibler, presiding in city court.

CHRISTMAS IS NEAR! HURRY AND CLOTHE THAT NEEDY SCHOOL CHILD

■pvEAR MR. AND MRS. CITIZEN: It's up to you whether children go to school during the new year with torn and worn clothing. Early today 350 boys and girls were assured warm wearing apparel m the “Clothe-a-Child-for-Christmas” campaign of The Times. You shopped early for Cousin Zoe and now's a chance to give yourself a first-class present before your Christmas shopping ends. It won't take much of your time_ but it'll take a lot of goodlaeaiflMness and in return you’ll

The Indianapolis Times

WALL STREET ! BONUSES OVER 40 MILLIONS Figure Is 50 Per Cent Short of Record Distribution a Year Ago. BANKS HOLD UP WELL Brokers Prefer to Avoid Unemployment Rather Than Pay Big Sums. BY RICHARD L. GRIDLEY I'nit-d Prc.s (inane al Writer NEW YORK, Pec. 22. Wall Street employe Chi .strr.as bonuses this year will fall short by 50 per cent of the record distribut.ons made during the height of the bull market which came to an end a little more than a year ago. A canvass of leading brokerage houses and banks indicates that partners and heads of these institutions are determined to maintain their present staff of workers, rather than to make bonus distributions in the face of uncertain prospects for the coming year. Nevertheless, some of the larger brokerage houses and most of the leading banks are making Christmas distributions to their workers,’ranging from 2 to as high as 25 per cent of their annual salaries. Excess Profit to Charity Aggregate payments, based on preliminary estimates, probably will halve the record distributions of 1928 and 1929. This would bring the total to between $40,000,000 and $50,000,000. Bankers and brokers point out that much of the excess profits realized this year—a lean year in these businesses—went toward alleviation of unemployed workers in this city. Already more than $1,500,000 has been pledged for unemployment relief, two-thirds of which probably, will come out of the pockets of brokers and bankers and the remainder from employes. Action of the New York Stock Exchange in its annual bonus is characteristic of the run of extra payments among brokerage houses. The .Stock Exchange this week voted a 2'i per cent payment to its 2,500 employes, amounting to $75,000. Exchanges Vote Bonuses Last year the payment was 10 per cent, although at that time there were fewer employes than at present. The largest payment voted so far this year was by the New York coffee and sugar exchange, which authorized a payment ranging from 10 to 25 per cent for its employes. Gertler, Devlet & Cos., security dealers, are paying from 8 to 20 per cent. Bonuses also were voted by the silk exchange and metal exchange. Payments by banks are holding up much better than brokerage houses. Most of the larger bankers in the city are declaring their usual bonusfes this year, which generally run about 5 per cent of annual salaries. A number of 10 per cent payments have been announced, however. Among the larger brokerage and banking-houses, E. P. Hutton & Cos. is reported to have distributed one week's salary. Redmond & Cos. 5 per cent of annual salaries, and the Bancamerica-Blair Corporation 5 per cent upward, according to length of service, the same as a year ago.

Resigns Post

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Clarence C. Wysong Clarence C. Wysong, who has served as Indiana insurance commissioner since his appointment by former Governor Ed Jackson, Oct. 1, 1926, has resigned, effective Jan. 1, Governor Harry G. Leslie admitted today. Wysong has served without reappointment since Oct. 1, 1930.

get the "bestest” gift you’ve ever received. The gift will come *to you stamped with smiles, tied with laughter and wrapped in joy when you make some girl or boy happy by outfitting hin* or her in the “Clothe-a-Child'’ drive. BBS BY the way, John Traveling Man was in to see us Saturday. He wanted to join the “Clothe-a-Child” campaign, but he didn't have time to fix one up. "Just gotta go home to my own youngsters. Catching a train in an hour. Want to do something. Here’s sls. Dress one up for me, will you?” were his staccato words. s

INDIANAPOLIS, MONDAY, DECEMBER 22,%L930

Actress Weds Director

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, Mr. and Mrs. Alan Crosland By United Press YOSEMITE. Cal., Dec. 2.—Alan Crosland, motion picture director, and Natalie Moorhead, film actress, were honeymooning here-today. They were married at Aywanhee lodge.

BANDITS LOOT TWO BANKS IN INDIANA

English and Highland Institutions Robbed; Nine in Last Week. While official and vigilante posses of three southern Indiana counties were striving to entrap a bandit gang that robbed the Crawford County State bank, at English, the Farmers and Merchants Savings bank. Highland, in Lake couftty. was rAbed of $5,600. The xwo robberies brought the total bank holdups, or attempted holdups, in the state to nine in the past week. Three or four bandits, in a Ford roadster, were driving desperately through the hills of Lawrence, Orange and Crawford counties after obtaining $2,500 at the English bank, where they locked three persons in a vault. Locked in Vault Two bandits perpetrated the Highland robbery, locking three employes and four customers in the vault, and speeding northward toward Chicago. The prisoners freed themselves by a release on the interior of the vault, and spread the alarm. All armed with pistols, the trio walked into the English bank and held up L. A. Helmbrecht, cashier; Irvin Sahr, assistant cashier, and Joel McMahel, a customer. They took all the currency on counters and in the vault, before imprisoning Helmbrecht, Sahr and McMabel in the vault, from which they were released by P. S. Austin, anothe- customer, who entered the bank looby less than a minute after the bandits drove away. Three state policemen, under charge of Lieutenant John Weir of Salem, were ordered to search for the bandit trio. Approximately $31,600 has been obtained by bandits in the nine bank holdups perpetrated in the last week. Approximately half of this amount was recovered. Some Are Captured Last Tuesday the Citizens State bank of Clinton was robbed of 515.567 by five men, three of whom were killed and two captured, most of the money being recovered. Last Thursday the First National bank of Plainfield was robbed of $5,000 by a lone bandit who escaped. On Friday, the Commercial bank of Daleville yielded SBOO to two bandits and the Citizens’ State bank of Denver was robbed of s6op by three men, all escaping. Saturday an unsuccessful attempt was made to rob the safe of the Etna Green bank, and the Bank of Seward at Burkett was robbed of S3OO by four men who later were captured. Two of them were wounded, one dying Sunday. On Saturday, also, the Bank of Sedalia was robbed by a bandit of about SI,OOO, the robber escaping. # New Traffic Control By Times Special MARION, Ind., Dec. 22.—A new traffic code, reputed to be a model, will become elective here Jan. 1.

Wasn't that great of him, Mister and Mrs. Citizen? He blew out of the door and just wouldn’t wait for a “thank you.” And that's the way it's been all through the drive. So many good folk coming in and wanting to help make youngsters of the unemployed happy and warm. You know it “sorta” makes you feel like the world's one big family. mam TAKE the Palace theater, Mister Citizen. The s -afr there clothed five “younguns” and wanted two more. Th y were given the names atd addresses and when they went to the home

INDIANA BANK BANDITRY (Seven-Day Box Score) Indiana Banks Held Up—9. Loot Obtained Approximately $31,600. Loot Recovered Approximately $16,000. Bandits Participating—2l. Bandits Killed—4; wounded, 1. Bandits Captured—3. Possemen Killed—l; wounded 2.

1.000 CHILDREN Needy Boys, Girls Will Be Guests of Kiwanians. Candy by the barrel, nuts by the sack, and cases of oranges and apples, as well as clothing, toys and dolls are being obtained by the underprivileged children committee of the Indianapolis Kiwanis Club for the Christmas day entertainment of more than 1,000 boys and girls. Karl C. Wolfe, chairman, nounced today that. entertainment plans have been completed for the boys and girls of the English Avenue Boys Club and the Lauter Memorial Club. Arthur Beriault of the Beriault School of Expression will be the representative of Santa Claus. Bert Servaas, magician, willi entertain at both clubhouses and at the Kiwanis Club luncheon at tb Claypool Wednesday, when fif*. boys and girls will be guests of tl*, club at a Christmas dinner.

Free on Bond

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Miss Dorotny Jacob, pretty redhaired girl accused cf stabbing to death her common-law husband in their North Pennsylvania street apartment last August, gained temporary freedom today after winning her court fight for release on bond under a writ of habeas corpus.

they found the family quarantined. But that didn’t daunt tfiem, for they talked through the window with the mother and she told them the needs of her children. “The quarantine will be lifted soon," she said. “We ll take care of them,” reported the theater officials to the Clothe-a-Child editor, “even if it’s after Christmas.” That's just the way everybody's been. Wanting to help. a a a NOW don’t forget Mister and Mrs. Citizen, there are just two days left and there are so many to be clothed.

ARMS PARLEY [IS PERILED BY HOOVERSTAND Delay on World Court Is Viewed as Blow at 1932 Conference. HOPE PINNED ON U. S. Foreign Observers Fear Conclave Doom Unless America Joins/ BY WILLIAM PHILIP SIMMS Seripps-Howard Foreign Editor WASHINGTON, Dec. 22.—'The largest and most crucial arms conference in world history, now planned for early in 1932, was given a serious set-back, it is feared here, when Presdent Hoover indicated he had no intention of calling the senate in special session to consider the world court. Friends of the court, like Senator Walsh of Montana, are inclined to believe that to postpone entry until : next December, a year hence, means there will be no vote until after the elections, that its to say, until De- ! cember, 1932, two full years from now. I That will be well after the proposed date for the highly impori tant universal arms limitation par- ; lev, which world statesmen fervently ! ere hoping will meet not later than spring, 1932. Politics Will Be Bar Presidential election year politics | will be to the fore, declared the ; senator from Montana, when the j new congress convenes next year. | and there will be little desire on I the part of certain members of the j upper house to thjesh out the world i court issue. Meantime, dispatches from abroad report that foreigners have been, and still are, intently watching what the United States wilk do. To them, entry would be regarded as a sign that America at last is about to co-operate with the rest of the world to bring back normal times and dispel the gathering clouds of war. Failure to enter, it is said, would have a most depressing effect upon public opinion and the coming conference would be doomed from the start. Gibson Sounds Warning Ambassador Hugh Gibson, head of the American delegation to the Geneva meeting of the preparatory disarmament commission, has warned the United States that only the strongest possible backing of the people of the interested nations could make the conference a success. Viscount Cecil, Great Britain’s chief spokesman at Geneva, deI dared this week-end that 1931 j would be the critical year for world j peace and upon the developments in | the next twelve months would de- | pend the fate of the parley. And, ; he added, if the parley fails, “international peace will be shaken to its foundations-’’ These grave words created a profound impression upon Capitol Hill, where among those with a know-l-edge of international affairs their truth unhappily was conceded. PIONEER IS DEAD William McClintock, Paving Expert, Succumbs. • Funeral services for William McClintock, 92, native of Ireland and a street paver when roadways were laid with iobble stones, who died Sunday, will be held at the Bert S. Gadd funeral parlors Tuesday afternoon at 2. Burial w'ill be In Crown Hill cemetery. Mr. McClintock was born In | County Donegal, Ireland, and came ; to this country in 1864 making his i home in Indianapolis. For some I lime he was employed in street saving work by the Indianapolis street Railway Company, but in late -cars had been retired from active r.ork. Mrs. McClintock died several years ago. He is survived by three cons Adam R. McClintock and Robert McClintock of Indianapolis, and i , T o >eph McClintock of Chicago. CHILDREN OfTrANCE SEND GIFT TO U. S. Vase Is Presented to President in Nation’s Behalf. By United Press WASHINGTON. Dec. 22.—President Hoover today received a handsome porcelain vase bearing the j coats of arms of Washington, Franklin, Lafayette and Rochambeau, as the gift of the youth of France to the United States. The presentation was made by Guy de Longevaille of Paris, who was introduced to President Hoover by Ambassador Paul Claudel of France.

All you’ve got to do is write, phone or call on us and we'll give you the name of a boy or a girl. You investigate the needs of the child—his worthiness has been checked by relief agencies—and satisfy yourself that you want to help him. Then you just up and do it. Nov; hurry and answer this letter, for time's short. Yours to “Clothe a Child.” P. S. Pledges previously re- ; ceived in the “Clothe a Child” i campaign totaled 332. New donors over the week-end are: Name unnecessary. Employes of Frank Hatfield Company. A nu Uata Clause*.

Second Section

Entered as Matter at l’ostofHce Indianapolis

She's Engaged

Rosita Moreno, moving picture actress shown above, and Orville Mohler. University of Southern California football hero, have admitted at Hollywood that they are engaged to be married. Formal announcement, however, is not to be made for a while yet. as Miss Moreno is only 19, while Mohler has several years of college work ahead of him.

DEATH PARTY FIGUREMSES Gary Man Convicted in Prior Liqilor Case. By Times Special * CROWN POINT. Ind., Dec. 22. Clarence N. Johnson, alleged to have sold liquor consumed at a patty in the (course of which Arlene Draves, 18, died at Gary, is under conViction in another dry law case. A fine of SIOO with a three months penal farm term was imposed on Johnson by Judge Martin L. Smith of Lake criminal court, upholding a sentence imposed in Gary city court from which the defendant appealed. The party liquor case has not yet been disposed of. It is charged Johnson sold a gallon of liquor to David Thompson at whose home the party was held, and who Is one of five men facing first degree murder charges as a result of the girl’s death. 1 LAVA TOLL HEAVY 300 to 400 Killed in Java by Volcano Eruptions. By United Press LONDON, Dec. 22.—The death toll from eruptions of the volcano Merapi, in Java, is between 300 and 400, dispatches to the Daily Mail from Rotterdam said today. The volcano became active last Thursday. CITY MILK COMPANY EMPLOYS PROFESSOR J. D. Jarvis Will Take Charge of Butter Department. Professor J. D. Jarvis, formerly with Purdue university and until

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recently head of the Tennessee Valley Creamery Company of Knoxville, Tenn., will take charge of the butter department of . the Polk Sanitary •Milk Company, on Jan. 1, it was announced today. The Tennessee company recently was merged with the United States Dairy Products

Jarvis

\ Company of Philadelphia and Professor Jarvis retired from active dairy work until Polk officials prevailed upon him to come to Indianapolis. FIRE DESTROYS GARAGE One Man Injured in Pumper Truck Crash on Way to Blaze. Fire of unknown origin destroyed a garage and damaged an auto of Charles Tadlock at 1223 North Gale street, early Sunday. A fire officer was injured slightly as a pumper truck and auto collided at Tenth and Gale streets. Total damage of the fire was about S6OO. Lieutenant Ralph Aldrich sustained minor injuries in the collision en route to the fire, when the truck struck an auto driven by Claude Ream.

Juvenile Club. Saturday Night Club. Mrs. Bellefontalne. Girls of Lincoln Exchange of Indiana Bell Telephone Company (eared for ejgbt children and took another). A Missouri man. Mr. and Mrs. Shirley TV. Turner, 62 North Sherman drive. Employes of the Indian Refining Company (three children). Pritchett Recreation Company (gate receipts of Central Slates bottling tourney) and a group of Times employes (two girls). Sigma Alpha lota musical fraternity (two boys). Employes of Indiana Condenaed Milk Company (two girls). Gamma chapter of Gamma Delta Alpha sorority (took one girl and asked for another).

STATE OPENS WAR AGAINST LOANSHARKS Job Relief Commission to Battle Practice of Seizing Wages. ABUSE GARNISHEE LAW Pay Taken From Workers Before They Provide for Families. War on so-called ‘ loan sharks' and installment credit concerns which are abusing use of the garnishee was declared today by the state unemployment commission. Dr. Joint W. Hewitt, secretary of the commisson. announced that he is sending notices to all justices of the peace in the state to curb issuance of garnishees and that he will seek permanent relief in the next legislature from the “loan sharkr.” Legal small loan rate in Indiana now is 3’ 2 per cent a month, or 42 per cent a year on loans of S3OO or le&!. "We have had complaints From seventeen counties regarding the anti-social action of easy, credit concerns and small loan outfits" Hewitt, declared. Pay Is Seized “Whenever a local unemployment council secures a job for a man who has been out of work, perhaps for months, these concerns do not permit him to draw his wages for a few weeks to aid the family getting re-established. “They rush to a justice of peace and Institute garnishee proceedings and collect both the bill due and costs. While these costs are not supposed to be more than $3. we have learned of instances where they have mounted as high as $7 and have been greater than the original bill. “This, in #hy opinion, is pretty poor sportsmanship, and the people who conduct their business in such manner are entitled to small consideration. “Justices of peace who persist in this course can be exterminated at the next election. Warning to Justices “Meanwhile, I am sending them warning and also will take the matter up with the Indiana State Bar Association.” Hewitt this morning took an initial step by conferring with State Senator Joe Rand Beckett, secretary of the Indiana tax survey commission. Hewitt roundly condemned the BVt per cent law and Beckett agreed that it often is abused. Fred C. Croxton, Columbus, O . federal representative for this district in unemployment relief, conferred with Hewitt Friday and heartily approved the “loan shark, easy credit’’ drive, the latter declared. CHILDREN GET CLOTHES. BUT BOY NEEDS BIKE Empire Life Officials Will Welcome Machine for Lad. “It’s fun clothing ten children, but it’s real work hunting a secondhand bicycle for one of them.” This report was received today by the “Clothe a Child” editor of The Times, from officials of the Empire Life and Accident Insurance Company. “We’ve cared for the youngsters you gave us, but we found a boy in one of the families who needs a bike for his work,” declared one of the officials. There's your chance, folks to help. Just call the Empire company, 215 East New York street, and ask for Glenn Howe. CONTRACTOR SUES~ON FLACKVILLE SCHOOL Contract Figure $1,049 Less Than He Bid, Carson Charges. Flackville’s new public school became the center of litigation Saturday with, filing of a suit in superior court four by Everett-T. Carson contractor and builder, against Vestal C. Davis, Wayne township trustee, for $1,049 ‘inadvertently omitted from the contract price. Carson \alleges that his bid of May 12, accepted as the “lowest and best,” was $25,520, but that the contract when executed set forth his bid as $24,471. The alleged error was not discovered until the tructure practically was completed, Carson declares. He asks a court ruling to correct the “mistake” and to force payment of a $1,687 balance. JOHN ZAHND RENAMED NATIONAL PARTY CHIEF Bert Decker Re-Elected Vice-Presi-dent at National Meeting. John Zahnd was re-elected president of the National party for the seventh consecutive year at the thirtieth national executive meeting at 2315 East Troy avenue, it was announced today. Bert Decker, Indianapolis, was elected first vice-chairman; Charles L- Baxter, Indianapolis, treasurer, and Miss Mabel Laßue, secretary. Miss Florence Garvin, Lonsdale, R I, was elected second vice-president Elected to the national advisory committee were: V/. J. Rominger and Ben H. Long. Indianapolis: W. Capener. San Jose. Cal. P. R. Matkotvskl. Mason City. la.: Dr E. C. King. Savamu, 111.: Clarence Smith Omaha, Neb., erd Joe F. Green. Greenwood. Ind. Shopper's Home Burns By 7 imes Special COLUMBUS, Ind., Dec. 22.—Returning to her home twelve miles southwest of Columbus after a Christmas shopping trip, Mrs. Oscar Anderson found the house had burned In her absence. No one was at home at the time, The. loss is estimated at 13,000.