Indianapolis Times, Volume 42, Number 261, Indianapolis, Marion County, 12 March 1931 — Page 3

HARCR 12, 1931.

HOOVER STUDIES DEPRESSION IN SILVER PRICES International Conference Proposal Is Before President. B V United Preen WASHINGTON, March 12.—The vorld silver situation, one of the primfe causes of world depression, occupied the attention of President Herbert Hoover today. The Pittman resolution urging him to call an international conference of the major nations in an •effort to find some solution of the difficulty is before him for consideration. Adopted by the senate in the closing days of the session, the resolution proposed to open what some believe may be a pandora’s box of international problems, including the British policy in India. Mr. Hoover's advisers indicate he is likely to dismiss the suggestion for a conference, without action. However, if he decides a conference is feasible, he may limit the agenda to prevent it from being an international affront to some of the nations Involved, they say. Silver Half Normal Price In speeches, Mr. Hoover has attributed some of the business reaction in this country to the fall in the world price of silver, which depressed trade with silver standard nations of the far east and South America. He has been deeply interested also because of his early engineering expedience in developing the silver mines of Nevada, Australia and China, the three localities most deeply interested. Statistics have been submitted to him showing the existing price of silver is less than half its normal value. Since January, 1929, it has tumbled from 57% cents an ounce to 26% cents. Its normal price is around 60 cents. That average was maintained during the last ten years. Decrease In Exports The drop has carried with it a 27 per cent decrease in American exports to China, comparing the years 1929 and 1930. Imports from China declined 36 per cent. Backers of the resolution in congress, including its author, Senator Pittman (Dem., Nev.), charged British policy toward India is largely responsible. India is being changed from a silver to a gold basis and much of its silver coinage has been melted and supposedly shipped to China, deflating the currency there. China’s purchasing power has been affected thereby and American miners have suffered.

r Corns Lift right Out! FREEZONE does it! Puts the corn to sleep—deadens all pain—and soon makes it so loose in its bed of flesh that It lifts right out! Hard rorns or soft—all are quickly ended by FREEZONE. Calluses, too. Get a bottle at I / any drug store and walk W and dance in comfort! Cfs? j

THRIFT FRIDAY-AT THE PEOPLES 95c DELIVERS IT! Double Deck, Helical Top Coil Bed Springs This guaranteed spring made with long double coneshap and coils of oil-tempered steel wire are tied together 9 Q 0(/C with '"s of small helical springs which prevent them from %J %J __ - _ _ 9 breaking or pulling out of place and making each coil work r _ Vr Pph /V ' independently. The large coils are fastened to a heavy steel H ww V * slat base hung to an angle steel frame which is well braced 9 and made rigid. • * #

War Bird Comes Home.

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Easy, now! Handie that cabin carefully ... for any mishap would have spoiled the long and successful cruise which lay behind the United State navy’s dirigible Los Angeles when, as pictured above, the mammoth craft dipped its prow toward the stub mooring mast at the Lakehurst (N. J.) air station. The big ship has returned from war maneuvers with the fleet off Panama.

DRACULA CONTEST PRIZES AWARDED

Francis K. Fox Gets First Place; Hundreds of Drawings Judged. Judges in the Dracula contest today announce the winners who will receive a total of SSO for their efforts. • Lee Williams, artist for The Times, headed the committee of judges, which included Mrs. Vivian Lang and the Dracula Contest Editor. Hundreds of drawings were submitted and the desk of the contest editor at The Times was stacked high with exhibits. After hours of work the judges announced the following winners: . First prize, S2O, Francis K. Fox. 45 Meridian apartments, 6 West Michigan street; second, sl2, Harold Simmons, 3248 Graceland avenue; third, SB, Dorotha Theobald, 715 North Bolton avenue; fourth, $5, Alice O’Donnell, 4134 Ruckle street; fifth, $2, Charles R. Jefferson, 329 East Thirty-sLxth street. The last three prizes of $1 each

AMERICAN BIRTH RATE EXCEEDS DEATH FIGURES Thirty Babies Born Every Hour in United States. By United Press CHICAGO, March 12.—Americans in this speedy era are being born approximately one-third faster than they are dying, according to vital statistics from eight principal cities compiled today. Every hour during 1930 an average of 30.8 babies were born in these densely populated areas, ranging from New York to San Francisco, the figures revealed. Death took an average of 19.6 persons per hour or approximately a third less. An average of 17.4 couples took the marriage vows every sixty minutes. Here are the figures as gathered from New York, Chicago, Cleveland, Los Angeles, San Francisco, Dallas, Pittsburgh and Greater Kansas City: Total births, 269,881; total deaths, 171,786; total marriages, 153,184.

were awarded to Norman W. Ruske, 306 Seville apartment, 1700 North Illinois street; Jean A. Waller, 521 East Thirty-second street, and C. Molinelli, 1062 Consolidated building. Fox was awarded first prize because he incorporated so many ideas in his vampire which suggested a woman as well as a man, with a skull as a background and bats as companions. Checks will be mailed to winners. This contest was sponsored by Tire Times and the Circle theater, where “Dracula” is on view.

—Advertisement— DOCTOR SHOWS QUICKEST WAY TO END HEAD COLDS

Many Here Who Jiy Pleasant Hospital Method At Home Get Instant Relief Doctors realizing the need to “play safe in dealing with a cold during changeable weather” are now advising home use of a pleasant hospital method that has given surprisingly quick results to vast numbers of Indianapolis people. C. H. Wilkins, for example, had neglected his cold for a day or so after he had begun to sneeze and cough. Examination showed that one of his nasal tubes was badly congested, his throat was inflamed and .cold was spreading rapidly, causing fear of pneumonia. Doctors then gave him double strength doses of Ayer’s Cherry Pectoral—a concentrated mixture of wild cherry, terpin hydrate and other ingredients which have relieved even the most extreme hospital cases. With the very first pleasant swallow he felt its comforting, healing warmth—from his nose passages deep down into his chest. Almost immediately his head and chest began to clear up and in

THE INDIANAPOLIS TIMES

NEW 5-POWER SEA PACT TO BE DRAWN UP Committee to Meet in London, Possibly in April, to Open Discussions. By United Press LONDON, March 12.—A committee representing the United States, Britain, Japan, France and Italy will be formed to draft anew fivepower naval limitations agreement, incorporating the new FrancoItalian accord, it was understood today in reliable American quarters. The committee would meet in London, possibly in April, with Ambassador Charles G. Dawes as the probable United States representative. Dawes will visit the foreign office today, regarding a matter separate from the naval accord, but probably incidentally will discuss the disarmament question. Satisfaction in U. S. By United Press WASHINGTON, March 12. Looking back over a decade of successive naval reductions which the United States inaugurated in 1921, American officials took satisfaction today in the willingness of the world to lay down at least some of its arms. This reflection was inspired by the Franco-Italian naval agreement, particularly as it affects battleships. From a limit of 175,000 tons for these two countries set up by the Washington treaty, they have cut their capital ships until, by 1936, each will have only 46,666 tons under the retirement age limit, officials pointed out.

Greeted With Praise By United Press LONDON, March 12.—The FrancoItalian naval accord was greeted in London, Paris and Rome today with praise for its political contribution toward a successful 1932 world disarmament conference, but with definite dissatisfaction with various technical provisions for limitation of navy armaments. The accord generally was considered an outstanding political achievement which strengthened world security by avoiding a naval building race and laying the basis for naval limitations at the 1932 conference at Geneva. Otherwise, there was apparent desire in London and Rome for future changes which would make the accord less favorable to France.

another day or so, the doctor reports, there was no trace left of the cold. Note: Other cases reported daily—all certified by attending physician. Just a few pleasant spoonsful of Ayer’s Pectoral now and you, too, will feel like a different person tomorrow. Endorsed by all druggists.

HOSPITAL CERTIFIED

In Death Quiz

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Seeking, new facts about the career of Vivian Gordon, mysteriously murdered art model, investigators summoned Helen Dorf (above), a friend of the slain woman, to appear before a Bronx County, New York, grand jury. John Radeloff, a lawyer held as a material witness in the investigation, has been sued by Miss Dorf for recovery of $25,000 alleged to have been given to him for- investment purposes.

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GRAFZEPMAY FLY TO U. S, | THIS SUMMER i Hugo Eckener Seeks Use of | Lakehurst Facilities at Trip’s End. By United Press WASHINGTON, March 12.—The veteran dirigible Graf Zeppelin may again cross the North Atlantic in a flight from Germany to the United States this summer. Dr. Hugo Eckener, lighter-than-air expert and commander of the Zeppelin on all of its cruises, conferred today with navy department officials as to the possibility of using the facilities of the Lakehurst, N. J„ naval air base as an American terminus. Navy officers advised Eckener the Zeppelin must make its trip before completion of the ZRS-4, new navy dirigible now building at Akron and due to be completed late this summer. The old Los Angeles, together with the ZRS-4, will utilize all facilities of the Lakehurst base, it was said. Eckener said he planned to make several trips to South America this summer. Purpose of the flights would be to survey the ground, estimate op- ! erating costs, and gain experience prior to the establishment of the

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Justice By United Press WASHINGTON, March 12. Inmates of District of Columbia penal institutions, some 2,200 in number, have not been overlooked in the half-holiday law recently enacted for the benefit of government employes. While not strictly federal employes, all prisoners will cease work at 1 p. m. Saturdays for a half-holiday. The guards, due to a temporary shortage, will not be able to take advantage of the law for the present.

proposed European-South American dirigible line.

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