Indianapolis Times, Volume 43, Number 55, Indianapolis, Marion County, 14 July 1931 — Page 7

•JULY 14, laei'.

U. S. TINKERS WITH FIGURES. EXPERT HINTS Dismissed Finance Man Is Supported by Yale Educator. S’J Scrippt.Howard Sewsf,ap*r Alliance WASHINGTON. July 14.—Dismissal of Dr. Ray O. Hall as financial expert for the United States Department of Commerce is symptomatic of a tendency "apparent in Washington to hide expert findings behind a false front of political expediency,” in the opinion of Prolessor James Harvey Rogers, wellknown economist. Regers, Yale faculty member and expert for the committee on recent economic changes, is here to finish book. "America Weighs Her Gold.” He not only supported Dr. Hall in the controversy, but said that his dismissal bares a tendency “suspected by many economists in the country” to ignore expert opinion when such opinion conflicts with political opportunism. In an interview today, Rogers referred to preir, stcrie on the tinkering of the Wickersham report on prohibition: on alleged ignoring by the administration of important recommendation:. from Colonel Arthur Woods cf the emergency employment committee: on the shelving of the Stern-Poliak account of the Mooney-Billings trials by Chairman Wickersham; on overoptimistic figures on unemployment by the department of labor. “The ‘Hall affair’ appears to r<*: a.s a clear and extreme example of ft tendency, apparent here In Washington and suspected by many economists in the country, to misuse of expert findings. We were led to believe that this is a scientific administration. “In interpreting the data of experts it appears that often officials have been guided by political considerations rather than by scientific (realism.” The dismissal of Dr. Hall, together twith his charge that his report was changed in substantial details, Is being investigated by Secretary . Robert Lamont,. Hall charged that the report as issued overvalued 3930 imports by $175,000,001, “greatly exaggerated”’ net exports of capital, and deleted reference to prohibition's effect on Canadian tourist traffic. 75 IN GOLF TOURNEY Brtail Tire Dealers’ Event to Be Held at Broadmoor. A field of at least seventy-five Will enter the annual golf tournament of the Indianapolis Retail Tire Dealers Association at Broadmoor Country Club today. One hundred and twenty-five reservations have been made for the banquet tonight.

AN INVKj^^ s&\ \\y vuv IHE far-sighted investor under- _ stands the wisdom of keeping a substantial part of his capital where the principal is safe and the income assured. The 6 °fo Cumulative Preferred £j( |pfV+ tl Stock of Indianapolis Power and Light Com- i s panv presents an exceptional opportunity for conservative investment. Safety of principal, INDIANAPOLIS POWER . . ....... & LIGHT COMPANY regularity of dividend and an attractive return *** r\ r i r> i , 6% Preferred Stock make this stock ideal for the large or small , ° Price SIOO per share end investor. These are securities that can be placed accrued dividend. r Take advantage of our savings plan of in vour safe deposit vault and forgotten, except investment! Yon need pay only $lO down ° r to start and $lO per month per share. when the dividend check arrives to be cashed. Interest atthe rate of 6% annually is paid on monthly deposits when purchase is completed. These shares are free from personal property taxes in Indiana and Subscribe through one of our employees , phone are exempt from the Normal Federal C J r J •. r .Income Tax. Riley 7621 , or Stop in at our main office. Indianapolis Power & Light Company wi . THIS COUPON SAVES TIMEI f ■ Investment Dept Investment Department ' INDIANAPOLIS POWER < LIGHT COMPANY 48 Monument Circle/ Indianapolis/ Ind. (UTILITIES POWER & LIGHT Please send me full details about the 6% Preferred Stock of CCniDITICC rnmuviv ! Indianapolis Power & Light Company and your saving* SECURITIES COMPANY I Investment plan. . . I .Vame • Address

Gone, but Not Forgotter

Automobiles reported to police as stolen belong to: t C. Sam. 219 Bright street. Chevrolet dump truck. T 15-791 from Capitol avenue and Market street. Karrv Oreenwald. 1151 South Capitol avenue. Hupmoblle aedan, 738-882, from In front of 551 Indiana avenue. John Clark. Roachdale. Ind . Chrysler sedan. 82-882. from Roackdale. Ind.. bv three buralers. one of whom la believed to have been shot. Ella Falender. 4811 North Meridian street. Auburn aedan. 4-611. from Georgia and Meridian streets. Robert E. Kraft. 1149 Fairfield avenue. Buick coupe. 736-852. from 850 North Meridian street.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Chevrolet coach 34-578. found at Capitol avenue and Henrv street. Chrysler roadster, no certificate of title no license plates, found at 430 North' New Jersev street. Ladder Used by Burglars Using a ladder to reach the porch, burglars Monday night ransacked the residence of Jake Lognorsky, 840 South Illinois street, stealing $27, he told police.

A Sensational Value! D Half Soles f and Heels jj 89^| H g Only the finest materials w are used—and you have your PS choice of sewed or nailed ’ |J soles . . . leather or rubber heels. If you wish your shoes @ will be repaired while you wait in a comfortable booth. "Sgffiy Special—Women’s Heels Separately While you wait—of leather or rubber <• q Every day low price I*/C O BLOCK S —Main Floor, Annex. MWBMI

SCANS STATE'S FINEJARGAIN' Rowley of La Porte Looks Over Cleaning Job. Senator Earl Rowley JRep., La Porte) visited the 6tatehouse Monday afternoon and explained that he was there to learn more about f the $64,000 building cleaning “bargain.” The “bargain.” according to estimates from other cleaners, is cost- ; ing the state in excess about $30,000 [or more. But the contract was signed through collusion of Republican and Democratic state officials and is being paid for out of Govi emor Harry G. Leslie’s emergency contingent fund over which no one i but Leslie has control. No bids were received on uhe work. ' It never was advertised.

fHE INDIANAPOLIS TIMES

Entire Store Closes Every Day at 5 P. M. Including Saturday Men s Imported QCT I 9 Tomorrow ~We Offer m a u m * You a Real Value- (C&V Linen Suits %$ — GMn * Event mth ~ Other 3 and 2-Piece Suits Reduced •X- ' ■ few i i*4A illiiai i wilii Nm? All-Wool 3-Plece Blue Cheviot ^ k- ' j All-Wool eight Color 3-Pieco Suits g 7 QT ,> L B® \\ \ // >/ mX \ \. jj\ All-Wool 2-Piece Summer Suits SIQ 95 } " KHw j£j. rrf ' p,ral " oriste<l 2-Piere Suits. .—— SIO.OO \W\'H'[hF —Priced So Low That You JJ \*M IYa M Work and Dress Trouser. WII C<M * Not **” Bayin * Them Ul ./<’.• 1Y I iV* 6 a,UI All - W ° ol Trousers .. ■■ 3 fift JH mm /7 / / \| %AKt,/ ; *°l \ Park Work or Khaki Trousers 89 C if M ■ lg~~” jjtJ* ’ wm A i\i m -- 1 = •■ !iT ”" f —-— $2.89 7 3} g| _SJU ?I i |||'z- | 1 / ~rw 0, -. w ' ork ._— $1,89 y m\\\\ QiiL* Hf is j\ ] \ ml I ———sl.39 H V I CJjW ■ Crepe de / \ i m * 2 - 98 | ii Fiat m& ch ' nes! / | I 11/ 51. 59 j , I Crepe! |j| Silk \\ | Golf Knickers—Sports Trousers lj‘ ' 111 Shantungs! j I\\ I Hr T , ,'“”, $1.98 /1 111 Regular $4 and $5 qualities featured JI \\ Ini 1 111 111 kfe reduction. Some slight > j 11. , v ,” ... “T }*•*? V j counter tossed and soiled. Smart col- IL—V—i L—larggjgal.l White Flannel Trousers CO OO l l v-r , . \ sS__ r - r^ ipj.yy h \ \ ors. For women and misses. \ \ \ J White Duck Tronsers gg lj j H IBm ::||[| ||| Also 1,000 Linon Dresses nnd M All-Wool Golf Knickers ■"J - ' block s—Basement store. \ j \ Fast colors! Neatly stitched and 4 \ 1 made to fit well. Sizes for women / for* I M ailBB!!ilwllia k ,aiMMi and misses, 14-20, 36-44. Each, o9c ■■ i BLOCK’S—Basement Store. Special Purchase and Economy Day Sale of 1 • 1 —-—- Simulated /f^Vn \ fi / IT Em. gj Em Extra Special for Economy Day! mKk/ ACk Sale! $5 and $6 £jW!mv) ■-■'V Summer Footwear I ; \ sv * 1 At a Brand jM|. mmm x\ | li m I NewLowPnce! 531.45 \ \( \\ \ Vagabond brims, cart wheels and 1 ford, strap and pump -mm \\ \ ;Py l\\ s * lor^; b ac k models featured with I styles featured in popular n\ \ yV U > smart gros-grain, patent and novel- 1 models and fashioned of bh i V/ / / I ty bandings. t i smart leathers! ® C- yJD.I / \ BLOCK’S —Basement Store. H : •. ■'■ .■:••■.-:■■ R BLOCK’S—Basement Store. A Special Economy Day Event! -X ° Sale of 18c Cretonnes tractive new colors and ® Bf! 'IS I Oil A O' are'^ldeal IfICII WilUl L2> | unbleached ll K VVI>\VWS. WA Musiinc color - Yard 29c %vC :38 Inch. r)C:l Printed Wash Goods. Assorted -| a ™ IK*®*. !:?id , r hM ....v d . 11 materials. Yard IOC ale J& M^Sk S *^S£J°7L c *" d 45c Price "m 3 for “Qhardoni materials. Os rayon, in solid Iff/ j R . II or non-run rayons- Sizes 32 to 46. " Pernta-

PAGE 7