Indianapolis Times, Volume 43, Number 45, Indianapolis, Marion County, 2 July 1931 — Page 4

PAGE 4

WORLD FLIERS ; WON FAME BY i OIL ACCIDENT Mishap to Post Brought ! About Globe-Girdling Record Journey. By United Preaa NEW YORK, July 2.—A man who •'didn’t give a hang” about anything but aviation and another whose earliest life had been bent toward charting difficult courses were in the world’s spotlight today—and all because of an oil well accident. Wiley Post and Harold Gatty—born on different sides of the world and to different modes of living are pals mainly through the fact that both have lived and suffered through the cause of aviation in the last few years. Wiley Post lost an eye in an Oklahoma oil field accident. That gave him $2,000 compensation and his first airplane—the start of his flying career that brought on the famous world-girdling flight. Harold Gatty trained in the Australian Naval academy as a navigator, charted courses on the South seas as a youth in his teens, became interestel in aviation and after one unsuccessful trans-oceanic attempt, joined Post in their recordsmashing around the world undertaking. Post Bom in Texas Post was born at Grand Plain, Tex. In his youth he moved with his family to Maysville, Okla., where the elder Post built up a farm. But Wiley wasn’t much good on the farm. He disliked it. His father remarked that Wiley ‘‘just didn’t give a hang. That was in the day of the Oklahoma oil boom. Jobs beckoned from the rich oil fields. Wiley tried them. He worked on a number of such jobs, the while completing his early education. Even as a boy he became interested in parachute jumping. He was adept at it even though his father did not care particularly for it. Then on one oil job there was an accident. A piece of metal struck Wiley in the eye. He lost the sight of that member. The oil company gave him $2,000 compensation and with that Post bought a “crate” and started barnstorming. Demanded Pilot’s Job For three years he was a “barnstormer” and his adventures and experiences were many—just as they were with other barnstormers of that period, including such famous fliers as Colonel Charles A. Lindbergh. F. C. Hall, backer of the sturdy Oklahoman, takes up Wiley’s story from there. “One day he came into my office with a leather cap in his hand and said he wanted to be my pilot,” Hall remarked. “He said he’d be heartbroken if he didn’t get the job. What was I to do but let him have it?” Wiley got the Job. Subsequently through Hall he got the plane now the Winnie Mae. It was named the Winnie Mae after Hall’s daughter and cost $22,000. And in that plane he won the Los Angeles-Chicago air derby in 1930 with an average speed of 192 miles an hour. World Flight Goal But a world flight was his goal. His young wife—May Lane of j Sweetwater, Tex., whom he married in 1927 —when he was 28—was in favor of it. Hall agreed to the flight and established refueling 1 bases. And so the start w r as made in a search for a navigator with Post coming back to Oklahoma one day with Harold Gatty, from Los Angeles. Hall didn’t know who Gatty was but said: “If Wiley wants him, all right.” The navigator was born at Campbell town, Tasmania, Jan. 5, j 1903. At 13 he entered the Jervis ! Bay naval school, the Royal Australian school which corresponds to the United States Naval academy. For four years Gatty studied navigation. He served four year3 as a merchant marine navigator and then went aboard a private yacht as a navigator. Three and one-half years ago he went to Los Angeles in 1927. Once here his interest in aviation was thoroughly aroused and he studied under Liteutenant - Commander Philip Van H. Weems of the United States navy. Weems later went to Annapolis and Gatty opened a training school at Las Angeles. Among his students was Mrs. Ann | Lindbergh and of his navigation 1 ability, Colonel Lindbergh remarked : “He is one of the greatest naviators in the world.” Last summer he went to Japan to be the navigator for Harld Bromley’s flight across the Pacific. They took off toward Seattle. Twenty-

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Geraldine Farrar, not-so-long-ago idol of the opera stage, emerged recently from the seclusion of her Connecticut estate to sing over the radio. This new picture shows the singer in her Ridgefield home with a favorite volume of songs, vivacious and charming as in the days when she was one of the world's greatest Carmens.

five hours and 1,200 miles out an exhaust ring broke. It was impossible to continue to the United States. They turned about and flew directly back to their starting place with gas fumes, caused by the ring break, flooding the cabin. So seriously was Gatty affected that he was in the hospital two months. But Gatty, who is 28, married, and father of three small children, didn’t let that adversity affect his flying career and he went in with Post only to run into another accident on this world flight. The propeller of the craft back-fired at Nome. It slashed at his arm and body. He waved away medical assistance and said: “It’s nothing, only a bump."

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U. S. FINANCES SUFFER, FINAL REPORTSHOWS Lower Revenues, Increased Costs Cause Deficit of $903,000,000. WASHINGTON, July 2.—Official figures showed clearly today how deeply hard times of the past twelve months bit into federal finances. They revealed how completely treasury estimates of a year ago had been upset, and made the government’s balance sheet lopsided with a record deficit. Final totals for the fiscal year just ended, made public by Acting Treasury Secretary Ogden Mills, placed the deficit at $903,000,000, which was well within President Hoover’s estimate of about six weeks ago but greater by hundreds of millions than Secretary Mellon’s guess late last year. They showed the public debt had been increased more than $600,000,000 in 12 months, that income tax payments and customs receipts had received terrific wallops from the economic depression, and that expenditures had gone up. Total ordinary receipts in 1931 were $3,317,0C0.000 as compared with $4,178,000,000 in 1930. Expenditures chargeable against ordinary receipts in 1931 were $4,220,000,000 as compared with $3,994,000,000 the year previous, so that 1931 showed a deficit of $903,000000 as compared with a $184,000,000 surplus in 1930. It was the business depression,

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THE INDIANAPOLIS TIMES

Mills said, that made ordinary receipts drop $861,000,000 in the year. Hard times affected the two chief sources of federal revenue—lncome taxes and customs receipts. While receipts were declining, expenditures were going up, chiefly because agricultural aid and relief, payment of additional benefits to war veterans, and the enlarged United States public works program. These things caused federal outgo to rise $226,000,000. Retirements of United States obligations to meet sinking fund and other statutory retirements chargeable against ordinary receipts totaled $440,000,000, so that the actual deficit, exclusive of debt retirement, amounted to $463,000,000. Corporate income taxes showed a decline of about $226,000,000, and individual income tax collections were $330,000,000 less than in the fiscal year 193 Q. Enumerating the increased expenditures, Mills pointed to: War department, which spent $25,000,000 for river and harbor work, army housing and increased outlay for the air corps; Agriculture department, which spent $119,000,000 for federal highway construction and emergency relief in the drought states. Federal farm board, which made additional loans of $41,000,000; Commerce department, whose Increase in expenditures totaled $7,000,000. Postoffice department, where the postal deficiency increased $54,000,000; ana • Veterans’ bureau, which increased its expenditures $112,000,000 to pay off soldier bonus loans. On the other side of the ledger was the navy department, where $20,000,000 was saved due to reduction in armaments; and the treasury department, which acounted for a decrease of $48,000,000 in interest paid on the public debt, and a reduction in tax refunds of $64,000,000.

ROOSEVELT IS ‘OVER A MILE OUTINFRONT' Uses Same Tactics Which Won Hoover, Smith Nominations. By United Preaa WASHINGTON, July 2.—Tactics which brought presidential nominations to Herbert Hoover and Alfred E. Smith in 1928 are being followed in one major respect by Governor Franklin D. Roosevelt of New York, a top-rank Democratic possibility. That is the attempt to stake out claijns for delegates early and so extensively as to foreclose opponents before they are well started. Roosevelt is saying nothing about the presidency. On the contrary he is busy attending to his duties as Governor —except for the time taken in making speeches, which seem to be more numerous than those of Smith in a corresponding situation four years ago. Roosevelt’s presidential department is in charge of James A. Farley, chairman of the New York state Democratic committee. Farley is now on his way to the Pacific coast, to attend the Elks convention in the same sense that Treasury Secretary Mellon went to Europe to see his son get a college degree. Farley will talk a lot to people who aren’t brother Elks. And if he is half as good as they say he is, he will bring back options on a good string of Pacific coast convention votes. Convention time being still one

year away, chicken counting Is not yet in order. But most politicians regard Roosevelt as ahead of the field in the Democratic race. Whether it is a help to be so far out in front now or not, the fact remains that Hoover and Smith were nominated four years ago largely because they got so far out front that no one could catch them. They afford interesting parallels to Roosevelt’s situation. He stands, as they did, a leader against the field.

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-tTULY % 1931