Indianapolis Times, Volume 42, Number 242, Indianapolis, Marion County, 17 February 1931 — Page 2

PAGE 2

DEPRESSION CAUSED BY USE OF ANCIENT WAYS TO RUN MODERN WORLDJOTED LAWYER SAYS Engineers Have Outstripped Statesman, Mass Production Has Grown Faster Than Mass Buying Power, Declares Raymond B. Fosdick. WARNS THAT AMERICA CAN NOT PLAY LONE HAND ZLSS'ZS'?* —* t 0 * “ . tal ~ by WILLIAM PHILIP SIMMS Scrlops-Howard Forelrn Editor The truth is, if I may put it bluntly, that our world is very sick.” It, was Raymond B. Fosdick talking, New York lawyer, economist and war-time aid to General Pershing. Said he io Scripps-Howard newspapers: h rom twelve to fifteen million men today are walking the streets of the cities of this and other lands looking for a chance to work. At this very hour breadlines are forming in every large city in the United States. Millions of unemployed stand outside factory gates—an army greater than Pershing’s—hungry for the very commodities which are factories are clamoring to produce.

And it all comes down to this: We are trying to run a twentieth century industrial work with eighteenth century political ideas. Our engineers have outstripped our statesmen. Mass production has grown faster than mass buying power. “We are living today in an interdependent world, woven together with thousands of criss-crossing threads. Europe condemned the greater part of English and German spinning mills, approximately one-third of our cotton area in the southern states was abandoned—not from anything we did, mind you, but because the purchasing power of people 3,000 miles away was reduced temporarily. They Pay Your Rent “Colonists settle in Manitoba. They buy English cloth, stimulating the mills in Brandford, England, to buy more wool from sheep farms irt Australia. The sheep farmers buy automobiles, cotton goods, and building materials through the New York market and so, in this indirect fashion, settlers in Manitoba pay the rent and buy groceries for American workingmen. “And so it goes. This complex play of action and interaction which constitutes our twentieth century industrial civilization could be portrayed in endless Illustrations. “Each time a dock is built in Montevideo, it is necessary to add a dock at New York and at Hamburg. One nation extends its agriculture while another Increases its factories. "Prom year to year the rhythm accelerates. Prom one continent to another the circuit of men, merchandise, and capital is ever more rapid—a vast cyclical movement in which progress made on one side determines an advance on the other, and distress in one quarter brings distress to all the rest. We’re Not Self-Contained "No country is self-contained. We must dispose of our surplus products abroad or suffer price falls at home, unemployment and decreased purchasing power. "At the same time we are dependent upon foreign countries for tilings essential to keep our national

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life going. We must import rubber, silk, nickel, tin and numerous other commodities vital to our industry and our people. Forty different commodities from fifty-seven different countries, for example, are necessary to the manufacture of steel alone. “A country that could not make a locomotive, an automobile or an airplane without materials from abroad scarcely can be called selfcontained. "By the same token, a country whose excess wheat’and cotton are rotting in the fields and storehouses because its foreign market has gone to pieces, is not in a position to talk ih terms of Washington’s farewell address. Rise and Fall Together “Around the world, prosperity and depression keep the same rhythm, and rise and fall together like the ebb and flow of the sea. There are no good times that can be confined to one country, and no bad times that can be isolated permanently. “Our twentieth century world is a cogged machine. “There are no doubt many things that could be done on a purely national basis to promote our own economic recovery, and these things should be done. But even then the germs of the world disease still would be alive, and other epidemics, probably with increasing frequency and severity, will sweep down upon us from abroad and prostrate us again. “How can we expect to maintain our industrial health when we are like Siamese twins to nations in which industrial disease is rampant? America Must Help "I have no special competence to answer these questions, but I suggest that we might try to adapt our political ideas and actions to the new conditions inevitable in a closely bound community of economically inter-dependent nations. “Whether it is the League of'Nations, the world court, the International Chamber of Commerce, or whatever the machinery, official or unofficial, by which the overlapping interests of nations are given voice and expression, we must be prepared to carry our full share of the common enterprise. “Europeans, Americans, Asiatics—all of us—are in this situation tpgetlier. Companions in depression, we must be partners in recovery.” Next: America at the Crossroads.

Champions Bill

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Declaring that 1,500,000 mothers and 15,000,000 children have died in America because information on birth control can not be disseminated legally, Mrs. Margaret Sanger, shown here, famous birth control advocate, appeared before a senate committee to urge passage of a law which would enable physicians to give information to patients. + The bill has been introduced by Senator Gillett*of Massachusetts.

INA FACES STARDOM Wins Career Even Though She Loves Husband. By United Prees HOLLYWOOD, Cal., Feb. 17. Ina Claire, disillusioned in romance, has returned to Hollywood, triumphant, at least, in her fight for a career. Definitely separated from John Gilbert, Miss Claire _ has returned to star in five pictures for Samuel Goldwyn. Discouraged at first, she fought her Tvay to stardom in “The Royal Family,” and now faces a brilliant future in the five productions fer Goldwyn. Gilbert is on the shaky edge and frantically his studio is trying one type of story after another. Rumor has it that the couple first broke when Miss Claire, with the solid experience of the speaking stage behind her, told Gilbert frankly what was wrong with his first talkies and that he resented it.

Dancer Honored in Paris

PARIS, Feb. 17.—Josephine Baker, American Negro dancer and cabaret entertainer, will preside over the French colonial exposition to be held here <.s queen of the colonies.

Colds VW&SP TO RELIEVE— Start thorough bowel action and rid yoor aye tom of poisonous waste as soon as yen notice the first sign of a cold. Just tain NATURE’S REMEDY-HR Tablets -and be sure of prompt, easy and pleasant re* suits. It is more thorough in action and far better than ordinary laxatives. Try it. TU**S and" gburg— ■‘-^ taCi<LOPly — A GOOD BUSINESS SCHOOL Strong business, stenographic, secretarial and accounting courses; individual instruction in major subjects, large faculty of specialists in their respective lines. Free Employment Service. Fred W. Case, Principal " CENTRAL BUSINESS COLLEGE Pennsylvania and Vermont, First Door North V. W. C. A., Indianapolis, ind.

THE INDIANAPOLIS TIMES

TELEVISION IS FAR IN FUTURE, DEALERS TOLD Never Will Replace Sound Broadcasts, WMAQ Head Says. Radio fans who have been sitting on the edge of their chair, for the long heralded “television set” are due for a great disappointment. Eugene R. Farny, president of the All-American Mohawk Corporation, attending the fifth annual convention of radio federations at the Lincoln, said today that “the less said about television, the better for all concerned, manufacturer and radio listener alike.” Television, according to Farny, is a long way from being the practical household device the radio set has become. It will be years, in his estimation, before the combined radio and television set will be practical for the home.* Another wet blanket to the hopes

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of the would-be television fan was brought out Monday in a convention address by William S. Hedges, president jf casting station, and first president of National Broadcasters. Television, said Hedges, never will supplant sound radio. Television requires the undivided attention of the onlooker. No bridge games or any other form of entertainment is possible when paying attention to this device. With sound, music and voice the whole idea changes. Turn on the radio and then do what you please. 7 something catches your ear, all ypu have to do is listen, without holding up the play, provided you are a bridge addict, he said. Arguments for radio programs divorced from advertising received a severe blow in Hedge's talk. American broadcast programs require an annual expenditure of $20,000,000, he said. If this sum can not be raised by levies on advertisers sponsoring the programs. Hedges said, it must come out of the pockets of the listeners, which means a tax of approximately $5 for each radio set. Warning that the supremacy of the United States as the world's greatest broadcasting nation xapidly is being challenged by Soviet Russia was made Monday by O. H. Caldwell, New Yonc, former federal radio commissioner.

NEW YORK STORE DAY * 4 Boxes Kotex, 1 Box Kleenex Costume All for SI.OB PniFH Jewelry Limit 4 Boxes to a Customer Regularly $1 to $1.98 $1 Cretonne Wardrobe Bags •• 62<^ 49c Eight-Pocket Shoe Bags .... —... .27c / $1 Supporter Belts • • 59£ * S 2oC DreSS Shields lf?C Carved and plain beads, NOTIONS. Street Floor.* simulated crystals, metal and 11 " ■' metal combinations. Many T> _ _ 1 n 1 one-of-a-kind pieces. Unusivayon Book oale uai styies and coiors T T f-w Many of These Books v-J llUlwa Sold as High as $4 of Non-Run Rayon $ 1 ■ Sale of Children's books, fiction, en- SfllYlplC 1 cyclopedias, and poetry. Many, T-T on A 1 many others included. •*- luliUi\d panties!' 5 'combinations g* and Set, in Wc and 12c Novelty Swiss bloomer knee and extra size black ’ whlt€ and Handkerchiefs r bloomers. Flesh and peach colors 00C for women O C co * or * Boxed Stationery, white and 20c and 25c Hankies in in Novelty Rayon Pajamas in colors. Also OQ,, prints, swiss, lawn .... IUC two-tone colors. Tuck-in cards 0 - ~ „ . 25c and 35c Kerchiefs, if, trousers *1 24 and A2 24 Genuine Leather 5-Year Diary, for men an( j women .. iDC trousers .. *l—4 and *2.34 with lock and KNIT UNDERWEAR, ke y OOC HANDKERCHIEFS, Street Floor. BOOKS, Street Floor. Street Floor.

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Vanity Sets and Scarfs Regularly 85c a 50c Eath Organdie and dotted Swiss vanity sets and scarfs, in dainty boudoir shades of rose, green, gold, lavender and blue. Chinese Filet Covers, $1.97 Regular $2.95. Hand made by Chinese needle workers. Beautiful designs. Size 72x72 and 72x90 inches. Large Turkish Towels, 29 c Regularly 39c. Heavy double thread Turkish towels, with wide pastel striped borders. Size 23x46 inches. LINENS, Street Floor. Breakfast Set In Beautiful Ivory Porcelain Pieces This lovely set includes 4 breakfast plates, 4 cereals, 4 cups and 4 saucers. Rose spray decoration on ivory. 56-Pc, Dinner Set, ' 32-Pc. Dinner ■jig 74 Set, 55.00 Wild rose sprays on the new Complete service for eight. rose-mist body, finished with Side spray on ivory body. platinum band on edge. CHINA, fifth floor.

DOWNSTAIRS STORE

Silk Dresses In Smart Spring JLM s2*B9 Silk crepe and silk print dresses, in a great variety of colors. Many styles from which to choose. y Sizes 14 to 20. JhHl Silk Dresses IllSiSyPflfk Prmted crepes and striped new styles $P* QA. \ / and colors. .7* \ 11 Sizes 14 to J 1 Downstairs Store,

Wash Dresses 'Unusual styles and trimming details. Many styles. Fast * 1 colors. Cp 1 *

Window Shades Strong spring rollers. Seconds. Green, cream, and deep buff. 2 Yards long. 36 inches wide. Complete with fittings OOC

Corsets, Girdles Many styles of corsets and girdles. Well made of splendid quality ma- <t 1 terials. J) X

Boys’ Shirts Broadcloth shirts in plain colors and novelty patterns. Collars attached. rA Sizes 6to 12 years. DUC

Silk Chiffon Hose 720 Pairs in a Sale Pairs j i rC Full fashioned, all silk to picot tops. Spring shades. Smart spring shades. Irregulars. Sizes BG> to 10. Downstairs Store.

Panties and Stepins of Non-Run Rayon Tailored and lace trimmings. Fine quality materials. Pink and peach shades. Trimmed OQ ~ in contrasting colors.

50 Krinkle Spreads Attractive stripes in -g rose, blue, green, orchid *J) I and gold. Fast colors. 1 Sizes 89x105 inches. •*-

Children’s • Shoes Hand Turned Soles Regularly /Do 51.25 / M Quality § Black, blond, and white in kid and patent leather. Straps and pumps. Sizes 2 to 5 and 5V* to 8.

TEB. 17, 1931

Four Wash Goods Specials 15c Dress Percales liy 2 c Yd. About fifty patterns from which to choose. Dark and light grounds with many floral and figured patterns. 19c Victoria Cotton Challis 14c Yd. Floral and conventional patterns in many color combinations. Zephyr and Broadcloth 29c Yd. Regularly 39c. Beautiful prints, in fast colors. Smart color combinations. New Rayon Flat Crepes 54c Yd. Heavy quality rayon flat crepe in neat dress prints. Light and dark spring colors. WASH FABRICS, street floor.

Wash Prints Fast color prints in checks, floral and geometric designs. 36 inches wide. Orai. narily vrould sell 1 _ for 25c a yard. '^C

Girls’ Chinchilla Coats Navy blue chinchilla coats, with warm lining and interlining. Good(F's Qi variety of sizes. T

100 Card Tables Well constructed tables in red. green and mahogany finish.

Curtain Voile Beige and ecru shades, or with colored woven figure in rose, green and gold. 38 and 40 inches 1 f wide. lOC