Indianapolis Times, Volume 42, Number 305, Indianapolis, Marion County, 1 May 1931 — Page 2

PAGE 2

TARIFF BILL IS RATED ‘OF NO BENEFITTO U. S.' Professor of Economics at Butler Sees No Value In High Rates. The Hawley-Smoot tariff act has made no real contribution to this country’s economic well-being. This is the conclusion of C. B. Camp, assistant professor of economics at Butler university. After observing ten months’ effects of the Hawley-Smoot bill,

which spurred retaliatory tariff boosts by foreign countries, Camp had this to say today of the measure which became effective with President Hoover’s a p p r o v a l l a s t June 17: “In my opinion, ‘trade depression’ is a more effective term than ‘business depression’ in describing our

Camp

present economic chaos. “It is fully evident that the world fast is becoming one economic community, in which each, member is dependent upon the other. It is also evident that maladjustments in trade, resulting in the glutting of our markets, and not overproduction, are some of the basic causes of our present difficulties. “The enactment of the HawleySmoot tariff legislation only has added to the disturbance. “The political reaction throughout Europe was in the form of retaliatory measures. “Our economic situation since June, 1930, has been characterized by decreased exports Of'oil, copper, wheat, cotton, meat, automobiles, radios and numerous other products. Now that the gold reserve and credit of European nations, France excepted, practically have become depleted. Trade revival can be accomplished through the exchange of goods. Such exchange would benefit manufacturers and farmers alike. . . “Human wants, still unlimited and insatiable, demand for their satisfaction a more complete freedom in the movement of goods and Services and the recognition of the world as an economic community. “The.Hawley-Smoot tariff act has made no real contribution to our national economic well-being.” Raw asbestos is found in appreciable quantities in twelve countries, Canada leading in its production, followed by Rhodesia and the Union of South Africa.

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DOG’S BEST PAL IS HER ‘ADOPTED’ CAT

Betty Marie Curry serves “dinner” to the kitten that her dog Judy adopted. Judy and his ward are pictured below.

Animaldom’s code of behavior always has dogs chasing cats, but at the home of Mr. and Mrs. Albert Crail, 2715 North Dearborn street, there’s a kitten that chases a dog. It all comes about because the Crail’s dog, Judy, has adopted a kitten. Judy is the kitten’s pacifier. Judy never has had pups. Mr. and Mrs. Crail took the kitten to raise and Judy, bedding down for the night in her basket, lets the kitten sleep with her. But the woe is that, despite the fact that the kitten chases Judy about and Judy plays pretend-

mama, the kitten can dine only at the will of Betty Marie Curry, 2, granddaughter of the Crails, and her miniature nursing bottle. STICKPIN FOR WETTER Court Attaches Give Present to Retiring Judge. When Municipal Judge Paul C. Wetter stepped from the bench Thursday afternoon, he was given a diamond stickpin by court attaches Wetter was succeeded by William H. Sheaffer, attorney and former deputy prosecutor, today. Wetter had served as criminal municipal judge for more than five years.

THE INDIANAPOLIS TIMES

BAN POLICY OF PAY HIKES FOB U. S. EMPLOYES Government Boosts Wages Only Where Law Requires, Statement Says. By United Press WASHINGTON, May 1. —The government is increasing the wages of its employes only where required

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by law, It was stated officially at the White House today. The usual program of increasing salaries voluntarily when funds were available was abandoned some weeks ago, it was said. At the same time the White House said much was being done by the government to carry out President Hoover’s policy against curtailment of employment or general wage scales. A number of employes for whom work has slackened are being kept in the service, it was pointed out. Likewise the government'construction program has increased the total number of employes since before the depression. It is Mr. Hoover’s intention <o comply with the law in the matter of salaries and maintain so far as

possible his desire to prevent any reduction in working personnel Or in their wages, it was added. The announcement followed statements from Attorney-General Mitchell and Interior Secretary Wilbur putting in effect in their departments a policy of granting no salary increases. RUSSIAN AREA IN RUINS Recurrent Quakes Devastate New Site; 20 Villages Destroyed. By United Press MOSCOW, May 1. Recurrent earthquakes Tuesday, Wednesday and Thursday devastated the Tsindersk area in the Caucasian region and destroyed twenty additional villages. The death roll has not been determined. Incessant rain has aggravated suffering.

SUN ‘ELECTRON’ THEORY AIRED Rotation Due to Magnetic Pull, Says Scientist. WASHINGTON, May 1.—It is a never-ending dance of electrons that makes the sun go round, Dr. Ross Gunn of the United States naval research laboratory suggested to the American Physical Society today. It long has been known that the sun rotates, turning around about once a month. This rotation is not

MAY 1, 1931

a physical affair, like that of the earth or the spin of a pitched baseball, Dr. Gunn said, but is due to an electron-magnetic drive. That the sun possesses a magnetic field was discovered some time ago. Now Dr. Gunn has demonstrated the presence of an electric field and has measured it potential. This is five volts a centimeter—five times as potential as the earth’s electric field. Alaska’s famous valley of 10,000 smokes das dwindled to a mere valley of a hundred smokes, Professor R. F. Griggs of George Washington university told the American Geophysical Union. There were many times 10,000 steam vent 6 near Katmai volcano after its terrific eruption nearly twenty years ago. Most of them have played*' out, Griggs said.