Indianapolis Times, Volume 43, Number 106, Indianapolis, Marion County, 11 September 1931 — Page 10

PAGE 10

WORLD ARMS TRUCE SOUGHT AT CONFERENCE League of Nations to Get Resolution Proposed by Denmark. BY FREDERICK KCII I,'nlted Ptni Staff Correspondent GENEVA, Sept. 11.—Negotiations were under way here today to enable the League of Nations to arrange a world wide and immediate cessation of building of armaments. The armament truce, the United Press learned, will be submitted to the league assembly in a resolution proposed by Denmark, empowering the council to attempt to arrange an armament holiday until the end of the 1932 world disarmament conference. The truce was suggested before the assembly by Dino Grandi, Italian foreign minister. It was believed the proposal would be adopted and that it at least would obviate postponement of the world conference. While piano were being formulated to get all nations to agree to a temporary armament truce, it was learned that when Foreign Minister Aristide Briand of France and Premier Pierre Laval visit Berlin, Sept.

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HARVEY RECRUITS FEW Only 89 of Required 750 Followers Join Liberty Party. j by United Press LINCOLN, Neb., Sept. 11.—W. K. (Coin) Harvey's new political party | is slow in recruiting followers. The state law requires 750 names of voters be subscribed before the party is legalized. Today only eighty-nine Nebraskans have affiliated with the LibI erty party, fathered by Harvey. 26, they will conclude an agreej ment to establish anew committee of Franco-German co-operation. The committee, already agreed in principle, will 'be composed of French and German official eco- j i nomlc representatives and leaders | of industry and finance who will seek closer economic collaboration ! and examine the possibility of large ! scale French investmenuts in German industries, banks and public, ! utilities. Extension of existing FrancoGerman cartels to include ma- | chinery and textile products may be I studied. j Briand staged a real political | comeback when he addressed the i assembly today. Although he ap- : peared tired and showed the efj sects of his recent illness, his silver ! tongue and pacific oratory were undimmished. His leonine crop of hair was trimmed neatly and his customary cigaret was the only thing missing fro mthe old Briand picture. The assembly gave the veteran advocate of peace a great ovation, i

MOVE TO ROOST FEDERAL TAXES GETS SUPPORT Levy Hike Seems Almost Certain as Backing Grows Rapidly. by United Press WASHINGTON, Sept, ll!—Support for an immediate increase in taxes is coming from such influential administration spokesmen in congress that the prospect of action next winter is growing rapidly. While not faced with any such grave situation as that which has just forced England to throw drastic taxes on every class, the forecast for a deficit next year of at least $1,300,000,000, in addition to one of nearly a billion dollars for the fiscal year ended last June have brought the administration

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THE INDIANAPOLIS TIMES

and responsible legislators face to face with the issue. The question is whether to plunge into prolonged borrowing or raise taxes and keep even with the outgo. Sentiment appears to be swinging toward higher taxes. President Hoover recently indicated his mind is open pending developments in the business situation in the next three months. The favorable reception which Governor Franklin D. Roosevelt received on his recent proposal for a 50 per cent income tax increase has made administration leaders less fearful of the political effects of a tax increase than they were a few months ago. It already is certain the Progressives will attempt to force up taxes on large incomes and inheritances. Now some conservative Republicans are adopting a similar view. One high official said today that a tax on beer would produce $300,000,000 a year. He said, however,

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it was unlikely Mr. Hoover would recommend resumption of brewing. The official In question said terrific pressure is being brought for restoration of beer. He believed that in addition to the revenue value of such a step, there would be some psychological stimulus to business somewhat like that which was sought by Mr. Hoover in his debt moratorium proposal. Some spokesmen are suggesting a direct sales tax on luxuries at least, like the cigaret tax which has held up in spite of the depression. METEOR DIVES IN LAKE Wisconsin Residents See Huge Body Splash Into Water. By United Press NEENAH, Wis., Sept. 11.—A Meteor, described by residents near the north end of Lake Winnebago as being “as big as a house,”

curved out of the sky and plunged hissing into the lake last night about two miles off shore. Observers said they heard the splash and saw a cloud of steam as the meteor struck the water.

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Surprising Salary Cut By Times Special SOUTH BEND, Ind., Sept. 11.— Clerks In offices of county officials and deputies were awed during tax and budget deliberations of the St.

SEPT. 11,1931

Joseph county council when it was revealed that the custodian of a men's rest room receives $3,000 % year. They are paid S9BO a year. However, the council voted to reduce the custodian's salary SI,BOO.