Indianapolis Times, Volume 43, Number 148, Indianapolis, Marion County, 30 October 1931 — Page 13

OCT. 30, 1931

FRANCE DOUBTS WORLD CREDIT BANK'S VALUE Republic Unlikely to Take Part in Plan to Relieve Problem in Germany. BY RALPH HEINZEN United Prex Staff Correspondent (CoDvriKht. 1931. bv United Prcssi ABOARD S. S. ILE DE FRANCE, Oct. 30.—Members of Premier Pierre Laval’s party expressed doubt today that France would participate in an international credit bank to release frozen short-term credits in Germany. The United Press learned that Emile Francqui, Belgian financier and minister of slate who submitted the plan to President Hoover, had not been invited to discuss the plan with Laval and other French officials in Paris. Laval studied cabled reports of the plan as it w’as understood to have been proposed to President Hoover. The premier made no comment. Utility Is Doubted Charles Rist, honorary undergovemor of the Bank of France and well-known as an author and economist, doubted the utility of the plan. He did not believe France would participate directly in it. He maintained that creditor foreign banks might act directly to draw draft bills countersigned by the Reichsbank. which they could market at regular discount rates of the emission banks, without the necessity of an intermediary bank. Rist was surprised at reports that several American bankers were said to believe that the Bank of France desired a slump in the dollar. Pressure Rumor Denied Contrarily, Rist said, the suggestion of the Bank of France that the Federal Reserve bank raise its discount rate was prompted by the fact that too much gold was being taken out of the United States. Rist added that the low rate of ‘he Bank of England had obliged the United States and France to maintain low discount rates, but the necessity was removed when England went off the gold standard. France, therefore, believed the time opportune for discount rates to be raised. Rist insisted no pressure was brought upon the Federal Reserve bank under the threat of withdrawal of French gold, as was rumored in the United States. GOVERNOR DEPLORES HOARDING OF MONEY Failure to Spend Declared Factor in Prolonging Depression. By Times Special SCOTTSBURGH, Ind., Oct. 30. Addressing a meeting of southern Indiana luncheon clubs here Thursday night, Governor Harry G. Leslie asserted hoarding of money is aggravating the business depression. He pointed to conditions which arise when frightened depositors withdraw money from banks. The local Lions Club was host for the meeting, which was attended by representatives of the New Albany Kiwanis Club; Madison Rotary and Kiwanis Clubs, and Lions Clubs of Jeffersonville, Salem, Paoli, Seymour, Corydon and North Vernon. Others attending included Will Storen, state treasurer; Ivan Austin, canner; Judge Walter E. Treanor of the Indiana supreme court; Edgard D. Bush, Lientenant-Gover-nor; James M. Ogden, attorneygeneral; Frank Mayr |Jr., secretary of state; Floyd Williams, state auditor; Judges Travis, Myers and Roll of the state supreme court; Judges Bridwell, Kime, Wood and Curtis of the Indiana appellate court; E. B. Crowe, Bedford, and Harry Canfield, Batesville, representatives in congress and, and Richard Lieber, director of the state department of conservation.

4,200 WORK ON DAM Peak Is Reached on Grant Froject In Susquehanna River. By United Press COLUMBIA. Pa., Oct. 30.—Employment on the gigantic hydroelectric power project at Safe Harbor. on the Susquehanna river, near here, reached its peak this month, with 4,200 men engaged in the work. These men found employment on the dam proper, the power house, the transmission lines and in the engineering field of the project. Work on the power house and the dam was reported months ahead of schedule and delivery of the first units of electricity produced are expected early this winter. Judgment Attacked Tty Times Special ANDERSON, Ind., Oct. 30.—Suit filed by the American Income Insurance Company, Indianapolis, against Mrs. Ethel E. Featherston, Anderson, seeks to s, t aside a $290 judgment entered against the company in superior court here Oct. 21. Demanding payment of benefits under a health policy. Mrs. Featherston brought suit against the company, and judgment was entered for the plaintiff. The company now alleges the case was disposed of in the absence of its attorney, who was negotiating with her attorney on a compromise. Fugitive in Custody By Times Special ANDERSON, Ind.. Oct. 30.—Sheriff Bernard Bradley has returned from Wheeling. W. Va., with Merle Graves, 21, jail breaker fugitive. Charged with theft of an automobile Graves escaped from the second floor of the county jail here on Aug. 3. Recaptured a few hours later he again escaped by leaping from the sheriff’s automobile while being taken gack to jail. He was arrested when he called at the general delivery window of the Wheeling postofflce to claim a letter under an assumed name. Homecoming at Valpariso By Times Special VALPARAISO, Ind., Oct. 30. Saturday will be home-coming day at Valparaiso university, and the chief feature of the program will be a Valparaiso-Rose Polytechnic institute football game at 2:30 p. m. Bands of the university and of Valparaiso and Hobart high schools will play.

BEST WISECRACK WINS $lO IN GOLD

Look this over, then wisecrack for a prize.

Times Readers Given Chance to Cash In on Wit by Apollo Theater. Why waste wisecracks? Why not turn them into money? Here's a contest where you can turn your comedy strain into real cash. The Indianapolis Time and the Apollo theater are sponsoring a contest wherein Indianapolis’ better wisecrackers have a chance to win both cash and theater tickets. This contest is prompted by the appearance of Edmund Lowe as the wisecracking Micky Dunn, United States cavalryman, with Warner Baxter in “The Cisco Kid,’’ tale of O. Henry's romantic bad man, which opens at the Apollo theater Saturday for a week's engagement. Everybody likes to wisecrack, so here is your chance to show your friends that your comedy strain deserves recognition, and that Sergeant Micky Dunn does not enjoy the privilege exclusively. You simply originate the wisecrack which might have come from the sergeant in the above photo and for the best daily wisecrack the award will be $3; second, $2, and third, sl. The Indianapolis Times also will 11. S. LOSES BUYER China Too Poor to Purchase Farm Board Wheat. By United Press SHANGHAI, Oct. 30.—Engulfed by foreign and domestic difficulties, and with finances at a low ebb, the China nationalist government found it impossible today to purchase further wheat supplies from the United States government farm board. The Japanese crisis in Manchuria and the heavy load of flood relief payments, will eliminate China as a wheat buyer even though additional purchases are desirable, government authorities said. The ouster of Gen. Chang HsuehLiang, Manchurian dictator, from his province by the Japanese military, a deadlock in the Shanghai peace parley between Nanking and Canton government forces and serious financial difficulties, only are a few of China’s immediate problems, it was pointed out. DR. RAINEY AT WORK Former Franklin Head Will Be Installed by Bucknell, Nov. 13. Bp United Press LEWISBURG, Pa., Oct. 30.—Dr. Homer P. Rainey, new president of Bucknll univrsity, will be formally installed in office Friday, Nov. 13. Dr. Rainey, sixth head of the school here, already has taken charge of the executive work of the institution. He succeeded Dr. Emory W. Hunt, who retired last June after twelve years service. Dr. Rainey formerly was president of Franklin college.

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award SlO In gold to the best wisecrack of all at the end of the contest. Write your name and address, also the day and date, at the head of the sheet bearing your wisecrack and mail your answer to the Cisco Kid Wisecrack Contest Editor, care The Indianapolis Times. Everybody is eligible to participate in this fascinating game excepting employes of The Indianapolis Times and Apollo theater.

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THE INDIANAPOLIS TIMES

CHICAGO SCHOOL TEACHERS DRAW BELATEDMECKS First Payment Since April Brings Relief to 14,000 Instructors. By United Press CHICAGO Oct. 30—Chicago’s 14,000 school teachers today received their first pay checks since last April. • To many of the instructors the checks for their September salaries brought relief from actual privation and suffering. The payments averaged $250 each. Issuance of the checks marked the first step in the long struggle to solve Chicago’s tax muddle which has resulted in the teachers serving without pay and numerous delays in payment of other city employes. Officials and civic leaders expressed themselves as optimistic that at least part of overdue school pay rolls for last April, May and June, and salaries for October, falling due almost immediately, would be paid within a few weeks. Teachers viewed the payment of even one month’s salary as a godsend. Many had exhausted their last credit accounts. Others had been forced to borrow funds. Many teachers in extremity had cashed in scrip which was offered ip lieu of cash at enormous discounts demanded by the few brokers and merchants who would handle it. In almost every case the teachers said their first salary checks would go to pay the most pressing bills

pore filth and there is dandruff, start gland stimulation tonight. All you need is your fingers, and some Danderine. Only massage will wake up the glands, and only a penetrant like Danderine will get through to the subcutaneous glands. The very first treatment will end all dandruff, but keep on with Danderine until you have promoted vigorous coloring and growth. As the hair grows, the gray will go. You’ll soon have Eroof if you watch the color of your air close to the roots! Remember, it’s thorough massage that does it, and Danderine that gets through to those lazy glands. Just rubbing anything on the head won’t do the work. Get your bottle of Danderine today. It’s a medicine for sick scalps. The smallest bottle is enough to show results which will surprise you.

contracted in the long pay “famine” and to purchase badly needed clothing and household articles. The payment was brought about through purchase with surplus city funds of school board tax anticipation warrants. Similar transfers of funds and sale of warrants to large taxpayers may bring enough to give the teachers salaries for two more months. These arrangements, however, are only temporary and are expected to be superceded when a comprehensive plan for relief of the entire Cook county tax situation is brought up in the state legislature next month. trauTdogs~for blind 600 Animals to Act as “Eyes” for Pennsylvania’s Sightless. By United Press HARRISBURG. Pa., Oct. 30. The State Council for the Blind ip Pennsylvania plans to train 600 police dogs to “act as eyes” for as many blind persons in the state. At present there only are fourteen dogs so trained guiding blind persons under the council’s sponsorship. A national organization provides the dogs, already trained for the work. A three-week period of further training to adapt the dog's habits to the new owner is required.

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G. A, R„ ALLIES MEETIN CITY First District Session to Be at Ft. Friendly. First district meeting of the Grand Army of the Republic and allied orders of Indiana is being held this afternoon in Ft. Friendly, 512 North Illinois street. The new organization was formed at a recent meeting in the Indiana State Soldiers’ Home at Lafayette when it was decided to divide the state into districts corresponding to congressional districts. Officers to represent each organization are: F. M. McNair, Martinsville, G. A. R. president; Joseph Hensinger, Indianapolis, G. A. R., senior commander; George Kreitenstein, Terre Haute, Sons of Union, vice-commander; Mrs. Laura Logue, Terre Haute, Woman’s Relief Corps! secretary; Mrs. Worley, Elkhart. Ladies of the G. A. R„ treasurer; Mrs. Grace E. Hoffmeyer, Indianapolis, Daughters of Union Veterans of the Civil war, press correspondent. Trustees, who are state heads of allied organizations, axe McNair;

Mrs. Ella Hughes, Terre Haute, Woman’s Relief Corps; Frank L. Richart, Terre Haute, commander of the Sons of Union Veterans; Mrs. Kate Habig, Princeton, president of the Daughters of Union

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Veterans; Mrs. Lena Stahl, Terre Haute, president of the Sons of Union Veterans, and Mrs. Gertrude Fox, Ft. Wayne, president of the Veterans of the Civil war. Junior Ladies of the G. A. R.

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