Indianapolis Times, Volume 43, Number 10, Indianapolis, Marion County, 22 May 1931 — Page 19

MAY 22, 1931

RAILROADS OF EAST TO ASK HIKEJNRATES Committee of Executives Is Chosen to Work for Freight Boosts. Bu United Prrrt NEW YORK, May 22.—Executives of nearly all railroads east of the Mississippi have decided an approximate increase of 10 per cent on freight rates is necessary immediately, to give them an annual increase of $400,000,000 In revenues and restore credit deflated by the present economic crisis. A resolution requesting the interstate commerce commission to restore freight rates to a level which will build up the credit of the service was unanimously adopted at a meeting of the eastern presidents’ association here. The executives saw an increase as the only means of averting additional cutting of wages and a solution to the present financial diiemna of the carriers. Forty Executives Present The meeting, attended by forty presidents and vice-presidents of roads east of the Mississippi, brought out the general opinion that not only would an increase in freight rates avoid a general slashing of payrolls, but actually would hasten emergence from the depression. They adopted this attitude on the theory that “when railroads are prosperous, so are the other industries. The rate increase resolution was presented by Leonard F. Loree, president of the Delaware & Hudson Company, and met with immediate approval. He then was asked to name a committee to study the situation and present the request to the interstate commerce commission. Loree already had made a list of the men he favored on the committee and named them at once. They are W. W. Atterbury, president of the Pennsylvania Railroad Company; Patrick E. Crowley, president of the New York Central; Daniel Willard, president of the Baltimore Ac Ohio; J. M. Davis, president of the Delaware, Lackawanna & Western; J. j. Pelley, president of the New York, New Haven As Hartford, nnd Charles H. Hix, president of the Virginia railway. All Roads Represented This gave representation to every section of the east. Pelley later was named chairman at a meeting of the committee. The group will meet again in about a week and discuss means of accomplishing the increase. It is not planned to levy a flat rate of 10 per cent on* all commodities, but to adopt a scale which Vill range from 2 per cent on certain products to 20 per cent on others. In 1921, after the government turned the railroads back to private ownership following the war, an increase of approximately 43 per cent was granted the carriers. This finally amounted to a flat increase of about 25 per cent. Rates Have Been Cut Since that time, rates have been pared either by carriers or by the government, causing a loss of nearly $6,000,000,000 .in a decade. It was estimated that last year, alone, incomes of the roads were reduced $800,000,000. The increase which the carriers now seek is less than one-half of (hat granted in 1921. Many of the executives expressed the opinion (hat the last increase had much to do with pulling the country out of the economic depression then. BROKER ~is IMPROVED Harry A. Angell Is Hurt Seriously in Automobile Crash. . Harry A. Angell, 68, of 3060 North Meridian street, Apt. 504, a broker, who was injured seriously Thursday when his sedan crashed int a bridge on Pentdleton pike, near Oaklandon, improving today, according to 3ft. Vincent’s hospital physicians. Angell was the victim of an indigestion attack and a dizziness that caused him to lose control of the car, police said. 100 HORSES ON BLOCK The Senator, Famous Trotter, Among Group to Re Sold. About one hundred horses from the Senator farm, north of Indianapolis, will be sold at public auction Friday, June 19, at the state fairground, it was announced today. The horses are headed .by the trotting sire, The Senator (3), 2:03V-, product of Laurel Hall, and one of the most famous race-trotters and sires produced in Indiana. The Senator Farm Company is headed by Sep Palin. Indianapolis; James Gleason, Williamsport, Pa., and Fred E. Schmidt of Chicago.

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Deny Betrothal

liWf 1 - mSm I W 'W 1 .

Senator and Mrs. Dwight W. Morrow of New Jersey have repudiated reports that their daughter Elisabeth, a sister of Mrs. Charles A. Lindbergh, is engaged to marry the Rev. Clyde H. Reddy above), New Arlington (N. J.) pastor.

BANK EXECUTIVE TOJMIED Chauncey H. Clark Taken by Death at Home. Last rites for Chauncey H. Clark, 65, vice-president of the Live Stock Exchange bank, who died Thursday at his home, 3504 Fall Creek boulevard, will be held at 2 Saturday afternoon at the Planner & Buchanan mortuary. The Rev. Alpha H. Kenna, pastor of the Roberts Park M. E. church, will officiate at the services and burial will be in Crown Hill cemetery. In addition to his post with the bank, Mr. Clark had been a member of the commission firm, Gillespie, Clark & Cos. at the Indianapolis Union Stockyards, forty-two years. He was a member of the Roberts Park church; Mystic Tie lodge, F. A; A. M.; the Scottish Rite and Murat temple, Nobles of the Mystic Shrine. The widow, Mrs. Mary Clark, and a daughter, Mrs. Guy Lemon of New York, survive him. ASK FOR BUS ROUTE TO DREXEL GARDENS Works Board Gets Nine Bids for Sixteenth Street Work. Permission to operate a bus line from Union bus terminal at Market street and Capitol avenue to Drexel Gardens is sought from the works board by Willie and Emily Schenk,. 620 Worth street.. The line would follow a route over Kentucky avenue, Morris street, Lyndhurst drive, and Raymond street, with a 10-cent fare. The board received nine bids for widening and resurfacing of Sixteenth street, from Delaware to Illinois streets, and five for a similar _ improvement of Montcalm street, between Indiana avenue and Eighteenth street. It adopted plans for paving of Twenty-third street, from Sugar Grove avenue to Harding street, and ordered plans for paving of Cottage avenue, from Wright to Leonard streets. Contract for one block of paving on Ogden street, between Sixteenth and Seventeenth streets was let to Robert M. Bowen on a bid of $1,750.

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IDAHO RUSSET POTATOES CARLOAD SALE SATURDAY |3| MP~ P*r Bushel ® 60Lbs * QUALITY Very Best No. Ones First Come—First Served Drive In —Keep to Right—Fine Place to Stop Car While Buying HAM ILL BROS. 230 VIRGINIA AVE. Just South of B. A: O. Elevation

MARMON FIRM REORGANIZES Officers Re-Elected at Stockholders’* Meeting. Reorganization under the Indiana 1929 corporation law and re-elec-tion of officers and majority of directors was effected at the annual meeting of stockholders of Marmon Motor Car Company at the plant Thursday afternoon. The reorganization tvas a technical change, involving no deviation from former principles of the company, according to officers. Officers re-elected were: | G. M. Williams, president: A. R. He!s---lil. vice-president and secretary; Howard |C. Marmon. vice-president: C. J. Sherer, | vice-president anad treasurer: E. C. Baduer. vice-president and assistant secreI tary: D. P. Kingsley Jr., assistant secrej tary. and Walter C. Marmon. chairman of | board of directors: W. C. and H. C. MarI mon. Williams. Heiskell. Sherer. Badger, P. H. Noland. A. P. Smith and Fred B. s Johnson, directors.

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THE INDIANAPOLIS TIMES

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Herman Cacefleld. 1136 North Meridian street. Chevrolet coupe, from 31 East Eleventh street. C. E- Surber. Tyner. Ind.. Ford coupe, from Georsla and mmols streets. Ernest Kiepper. 1209 East Martin street. Chevrolet touring. 742-177. from Market and Pennsylvania streets. , „ Carl Dunham. Nineven. Ind.. Chevrolet roadster. 224-004. from Delaware and Maryland streets. JeC Bunch. 531 West Michigan street, Oakland sedan. 733-563. from in front o: 521 West Michigan street.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: E. O. Kiepper. 1209 East Martin street. Chevroiet touring, found in front of 432 West Vermont street. L. F. Milner. 1820 North Sharon avenue. Chandler sedan, found at 221 East Michigan street . , x Chevrolet roadster. 224-004. found at 3800 Southeastern avenue. Hold Negro Woman in Cutiiiig Police today held Mrs. Henrietta Pierce, Negro, on charges of assault and battery with intent to kill, after she Is alleged to have severely cut Mrs. Elizabeth Tucker early Thursday in a fight at 522 Indiana avenue.

SUSPECT SHOT DOWNJNGHASE Motorist Wounded by Cop’s Stray Bullet. Wild police pursuit of an a*Y:ged auto thief across town Thursday night ended with the suspect in city hospital critically wounded, and a motorist in the Hospital with a minor wound from a policeman’s stray bullet. L. F. Milner, 1820 North Sharon avenue, saw the man steal his car. A few minutes later radio patrolmen Hod Eller and Albert Branham picked up the trail of the stolen car at White River boulevard and Michigan street. Between the boulevard and Delaware street Eller fired eleven times. East of Delaware street the stolen machine crashed into three parked cars. From it Caleb Phillips, 23, Negro, 1 of the Negro Y. M. C. A., was taken

to city hospital,, with one bullet wound in the head, another in the body, and two gra2)ed placed on the left shoulder. He is charged with vehicle taking. Harry Harding, 21, of 715 Orange street, riding with a friend nearby, caught a splinter from one bullet across his forehead, inflicting a small wound. Alcohol Causes Knife Battle Argument over ownership of alcohol led to a knife battle Thursday night between Lester Parker, Negro, i of 2212 Yandes street, and another ; Negro, resulting in Parker suffering severe cuts. The other Negro is sought by police.

9 SEALSKIN The Quality Tissue PURE—SOFT—ABSORBENT 3 for 25c •‘Distributed by Capital Paper Company and Standard Paper Company, Indianapolis.” FOR SALE BY GOOD DEALERS

BIG STEALS BY KINGJHARGED Alfonso Obtained His Fortune Dishonestly, Is Hint. i By United Press , LONDON, May 22.—A Madrid dispatch to the Daily Herald today said that the Spanish ministry of finance was publishing charges that former King Alfonso XIII amassed

PAGE 19

his fortune dishonestly while on tho throne. The dispatch said the Republican government charges would assert that Alfonso, now living in France in exile, received blocks of shares from Spanish companies, following his grant of concessions to them. Alfonso's fortune was estimated at upward of $8,000,000. Firecrackers in China are usea not only on holidays, but during weddings, funerals; anniversaries, and similar occasions.

Chickens TO BOIL 1 2c Quantity Limited FREE DRESSING CITY POULTRY MARKET 125 N. ALABAMA ST. Northeast cor. Ala. and Wabash