Indianapolis Times, Volume 43, Number 142, Indianapolis, Marion County, 23 October 1931 — Page 28

PAGE 28

FRANCE AWAITS CONFERENCE OF LAVAL. BORAH Conversations With Senator Hold Leaders’ Interest Across Seas. BY RICHARD D. MeMILLAN United Pre* Staff Correspondent PARIS, Oct. 23.—French officials were as interested today in Premier Pierre Laval’s meeting with Senator William E. Borah at Washington as in his conversations with President Herbert Hoover. Results of Laval's visit were seen to depend upon his ability to convert Senator Ftorah to the French viewpoint and to convince Washington that the United States must partially abandon her aloofness toward Europe as the only means of straightening out the world financial tangle. It was believed that Laval would suggest that since the United States had condemned war through the Kellogg pact, it was illogical that the nation should desire to profit by war and therefore logical that America should consent to breaking off financial and economic relations with an aggressor nation. Would Reduce annuities If America consented to this view, although it might conflict with the principle of freedom of the seas, it would give the United States, France, Germany, and Italy a “basis of collaboration” aimed to automatically deprive an aggressor of munitions and foodstuffs. In exchange, France would be expected to reduce her unconditional annuities from Germany and propose a scheme of consolidation of short term credits for Germany and the creation of an international financial organization to control German industries. An international corporation would be the outcome of financial agreement between France, the United States, and Britain to accept responsibility for Germany’s 40 billion francs in immobilized credits. Would Issue Bonds It would receive as assets a percentage of receipts of German public and private enterprises developed on foreign credit. The corporation would issue bonds covering the immobilized credits, the amortization and interest to be paid by German industries. They would liberate themselves progressively from the corporation’s control by rebuying the bonds. It was claimed that the consolidation of credits would stimulate production, diminish unemployment, and encourage the circulation of capital and goods.

BLAMES ‘MACHINE AGE’ Doak Appeals to Nation’s Leaders to Solve Problem. liltl ’nitrd Press WASHINGTON, Oct. 23.—William N. Dcak, secretary of labor, in a speech here today appealed to i American business and financial j leaders to solve the unemployment | problem caused by the substitution ! of improved machinery for workers. Doak cited the rapid improvement in machinery as one of the major causes of the present depression. Addressing the American Association of Personal Finance Companies, the labor secretary proposed that •‘technological improvements in industry take account of their effects upon man power, purchasing power, family income and the social well being of our people.” OHIO OFFICIAL UPHELD Building, Loan Head Alone May Force Receiverships, Ruling. liy United Press COLUMBUS, 0., Oct. 23. Appointment of a receiver and fbreed liquidation of building and loan associations in Ohio can be accomplished legally only through the state superintendent of the associations, the supreme court held today. The ruling was regarded as having tremendous legal significance by preventing stockholders in Ohio associations from obtaining receiverships through lower courts and as a precedent in possible guidance of rulings elsewhere. UNIFORMS ARE URGED Constables Can Avoid Confusion on Authority, Says Prosecutor. To avoid confusion in carrying out their duties, Prosecutor Herbert E. Wilson today requested constables operating from county justice courts to don uniforms. Wilson said, in letters to the officers, he had received many complaints from persons who doubted the authority of the constables. With the wearing of a uniform and display of badges constables could avoid confusion, Wilson suggested. The Guaranty’s Saturday Special Steak and Waffle Dinner Served at Our Tables With Waitress Service For 45c From 5:00 P. M. to 8:00 P. M. Richard Jackson's Orchestra * Playing from 5:30 r. M. to 7:30 p. M. A glass of Johnson’s Cider will be given to each patron Saturday only. I GUARANTY I CAFETERIA Guaranty Building Meridian at Circle

City Woman Gets Check

iiitv f m dw tariff gag,' .

Here is Mrs. Ralph Johns, 311 South Dearborn street, being awarded a check as one of the prize winners in the Sears, Roebuck and Cos. Silvertone Letter Writing contest. Out of thousands of replies from over the United States, Mrs. Johns’ letter was selected as thirteenth place winner. C. H. Conner of the local Sears, Roebuck Store is presenting the check.

DEMOCRATS LEAD IN dies New Hampshire Representative Is rr.eumonia Victim. ISit United Press NEW YORK, Oct. 23.—Death of Representative Fletcher Hale of New Hampshire Thursday night in New York has given the Democratic party a majority in congress. The division in the house nowstands: Democi-ats, 214; Republicans, 213;

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Farmer-Labor, 1; vacancies, 7. Hale, 48, fourth-term Republican Representative, died in Brooklyn Naval hospital of pneumonia and cerebral complications. The United States liner President Harding, on which he was arriving, rushed into port at Hoboken, N. J„ eight hours ahead of schedule because of the congressman’s desperate illness. He died a little more than hour after he was adrpitteed to a hospital. Mrs. Hale was at the bedside.

THETNDIANAPOLIS TIMES

MACDONALD IN BOLD FIGHT FOR POLITICAL LIFE Wearied by Bitter Strife, Premier Is Feared Near Collapse. • By United Press LONDON, Oct. 23.—His mind and body wearied near to breaking point, J. Ramsay MacDonald, prime minister of England, is fighting for his political life in one of the most ruthless election campaigns in history. Election prophets estimate that he has only a 50-50 chance in the general election on Oct. 27, and such is the effort he is putting into his campaigning, that friends fear for his health. For the best part of a year MacDonald has strained his nervous energy to a point that for most other men of his age—he is 65 would have meant a physical collapse. The critical times through which he has led first a Labor government and then the National government have left their mark on him. His soft wavy hair now is completely white, there are more wrinkles around his eyes, and his horn-rimmed spectacles hide an al-

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SHOOTING GUILT DENIED Man Who Wounded Bedford Officer Pleads Mistake. By United Press BEDFORD, Ind., Oct. 23.—A plea of not guilty was entered by John Mitchell, 55, when he was arraigned here on an assault charge growing out of the shooting of Charles Crawford, local policeman, at the Mitchell home near here. Mitchell is held in jail in default of $2,000 bond. Crawford* was shot when he went to Mitchell’s home in search of Lee Henderson, 15, a fugitive from the Indiana Boys’ school. Mitchell is reported to have said he thought he was firing at a chicken thief. most perpetual look of weariness. In one thing, however, he has gained, his political style has improved almost beyond recognition, according to observers. He will need all his powers Jn his straight fight with William Coxon, secretary of the divisional Labor party, for the Seaham constituency. One thing which may bring him success, it is suggested, is the intervillage jealousy in this division. Seaham is made up of several small mining villages, each centered around a colliery with its own miners’ lodge, and each has its own idea who should represent Seaham in parliament. “If Horden’s man can not go to the poll,” say Horden folk, “then Easington’s man shall not go,” and they may accordingly, if only out of pique, vote for MacDonald.

HOLT FINISHES LIQUOR TERM Former Kokomo Attorney Out of Prison. By Times Special KOKOMO, Ind.. Oct. 23.—01 in R. Holt, former member of the Howard county bar and at one time counsel for D. C. Stephenson, former Ku Klux Klan leader serving a life term for murder, has returned to Kokomo after completing a sentence in the federal prison at Leavenworth. Kan., for conspiracy to violate the prohibition law. He has not as yet announced his plans for the future, but just before he entered the prison he Intimated that on his release he would wage a fight for reinstatement as a member of the bar. Holt has been active in Demo-

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cratic politics and was once an aspirant for his party’s nomination for Governor. Ora Butler, former Howard county sheriff, was con-

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.OCT. 23, 1931

victed with Holt. They operated an agency which had as its purpose the defense of persons arrested on dry law charge*.