Indianapolis Times, Volume 43, Number 187, Indianapolis, Marion County, 15 December 1931 — Page 3

DEC. 15, 1931

LOAD TAXES ON WEALTHY, PLEA OF LA GUARDIA Rich Not Bearing Share of Governmental Cost, Is New Yorker’s Cry. Herewith I* another of the interview* *" t**ation riven the United Pre* by prominent members of eontress. Others will follow. Hil Vnilr/I /’res* WASHINGTON. Dec. 15.-Lcvy-Ing of heavy taxes on the rich was urged today by Representative Fior®llo H. La Guardia, New York, one of the insurgent Republican leaders in the house, as a social measure to bring about more equitable distribution of the nation's wealth.

The pugnacious little congressman, whose views on taxation and other matters are shared by a sizable group on both sides of the aisle, said that high surtaxes on big incomes should be of a permanent character and not subject to red u c t i o n s later. “Such a tax is not for revenue,

per ■

La Guardia

. . but is social legislation,’’ he declared. “It is the only weapon the government has to prevent the concentration of the nation’s wealth in the hands of a few individuals. Prevention of such concentration is in keeping with the fundamental theory of government. ’ Urges 40 Per cent Rate To meet the huge treasury deficit I<a Guardia would supplement high surtaxes, inheritance taxes, and a gift tax with levies on automobiles, radios, radio broadcasting stations, and transfer of bonds and would increase rates on stock sales. He has introduced a bill embodying such a program. His bill calls for a maximum rate of 49 per cent on incomes of $2,000,000, and over. Asked why he had selected this figure, he replied, with a twinkle in his eye: “They can’t say then that wc are taking half of their income.’’ “The next necessary tax reform,” he went on, “is a- graduated and stiff inheritance tax. Inheritance taxes necessarily must be accompanied by a gift tax, as experience has taught that inheritance taxes are avoided by creation of trusts and by gifts in anticipation of death.

Air Levy is His Aim “Automobiles may be taxed to the extent of $100,000,000 ba<ed on the ability to pay and the extreme necessity of raising revenue. Another $100,000,000 may be raised easily from radio, and is justified on the theory that without the use of the public domain, radio can not function. The air belongs to all the people and not to powerful broadcasting stations. "Still another $100,000,000 can be raised by increasing the tax on stock transfers and by making it applicable also to the transfer of bonds. The treasury is facing an annual deficit of a billion dollars and revenue must be found. A tax of this character w'ould be less annoying and inconvenient than the 2 -cent check tax suggested by Secretary Mellon.’’ La Guardia opposed provisions of the Mellon plan for boosting taxes on the small taxpayer by reducing exemptions and raising normal rates. “It certa nly does seem strange how these big financiers, these great geniuses of finance, can think of slipping a $16.50 tax on the $2,000-a-year employe,” he said. “The $2,000 employe is paying more lhan his proportionate share of the cost of government now.” Busses to Replace Rail Lines Indianapolis and Southeastern traction lines*will cease operation the night of Jan. 4, and bus and truck service will be inaugurated by the company Jan. 5, it was announced today by President C. T. Denore.

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Clara Back in Filmland

Happily displaying their marriage certificate, Clara Bow and Rex Bell are shown here in their Beverly Hills home as the IT girl returned to filmland from Bell’s Nevada ranch to resume her screen career. Clara has recovered from the breakdown which interrupted her movie-making.

FIX LAST RITES FOR MRS. MARY DANKE

Resident of South Side for 60 Years Will Be Buried Wednesday. Funeral services for Mrs. Mary L. Danke, 824 Orange street, resident of the south side sixty years, who died Sunday, will be held at 10 on Wednesday. Burial will be in Crown Hill cemetery. Mrs. Danke, who had been ill three years, was the widow of August Danke, who died in 1908. Mrs. Danke was known to hundreds of residents of the south side. Before her illness three years ago, she had taken a prominent paf't in activities of St. John’s Evangelical church, of which she was a member. Born in Barman, Germany, she came to America when 15. She is survived by four daughters, Mrs. John Klotz, Mrs. J. H. Rosenberg and Mrs. August Elbel, Indianapolis, and Mrs. Edward Boeldt

SLAMS CALIFORNIA Columnist Urges Boycott to Win Mooney Pardon. By United Press PANAMA CITY, Dec. 15.—A boycott against California until Tom Mooney is “unconditionally pardoned” for his alleged participation in the San Francisco bombing was urged today by Nelson Rousenvell in his column in the Panama American entitled “Rambling, Gambling and Publishing.” Asserting Mooney is innocent, Rounsevell wrote: “Write your friends to boycott California. Stop eating California fruit. Stay away from California. Stop buying California canned goods and cancel your tours to California ports; boycott California-made movies and blacklist California’s Olympic games. "Don’t buy California merchandise. Withdraw money from California banks. Refrain from association with ‘native sons.’ Take your children away from California schools.” Rounsevell said a week’s boycott would bring Mooney’s release and added that the same methods would end the depression. Brother Slain By Times Special GOSHEN, Ind., Dec. 15.—Mrs. N. S. Leek of Goshen has been advised of the death in Los Afrigeles of her brother, Allen R. Schartzer, fatally wounded when two youths attempted to rob him.

Detroit; two sons, August Danke, Cincinnati, and Fred Danke, Memphis, and eleven grandchildren and one great-grandchild. Last rites for Henry F. Deitz, 36, former Prest-O-Lite Company employe here, who died Friday at his home in Kansas City, Mo., were to be held at 3 today in the Flanner & Buchanan mortuary, with burial in Crown Hill cemetery. Mr. Deitz was a World war veteran. James M. McGhee, 57, of 3431 Orchard avenue, died Monday in Zionsville. Services will be held at 2 Wednesday in the home. Burial will be in Crown Hill cemtery. Mr. McGhee came to Indianapolis from Hamilton county when a boy. He was employed by the Union Stock Journal three years, was with the Indianapolis Journal at one time and for more than twenty years was a compositor at the News. Body of Miss Bess R. Owens, former Hoosier Casualty Company bookkeeper here, who died Monday in Lincoln, Neb., will be returned to Indianapolis for funeral services at 2 Wednesday in the Tabernacle Presbyterian church. Burial will be in Crown Hill cemetery. Funeral services for William A. Dilliner, 78, who died Sunday at his home in Southport, were to be held at 2 today in the Southport Baptist church. Mrs. Julia McGannon, 24, former city resident, died Sunday in Toledo, O. The body will be taken to Seymour, where services will be held at 2 Wednesday. Mrs. McGannon moved to Toledo a year ago.

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THE INDIANAPOLIS TIMES

WESTERN ROADS PONDER LABOR'S WAGEPROPOSAL Expected to Follow Course of Eastern Carriers in Naming Conferees. By United Press CHICAGO, Dec. 15.—The rapidly moving negotiations for a voluntary 10 per cent wage cut by 1,500,000 union railroad employes shifted here today. A meeting of the Western Association of Railway Executives was called for today to act on the unions’ proposal for consideration of the reduction and unemployment problems at a joint conference of labor heads and rail executives. The western presidents’ meeting follows a similar gathering in New York Monday at which the eastern roads accepted the conference plan. A possible complication arose in the announcement of W. B. Storey, president of the Santa Fe road, that his line would negotiate only with the Big Four brotherhoods and unions with which the road has contracts. The union proposal is for an agreement between all roads and all unions. Storey asserted if a voluntary wage slash did not result it “is very probable that the carriers will ask a 15-per cent cut under provisions of the railway labor act.” It was anticipated the western roads would follow the action of the eastern carriers in accepting the union offer of a conference and name representatives to a committee to conclude the negotiations. Pool Is Launched By United Press NEW YORK, Dec. 15.—Executives of the major eastern railroads, cooperating for the first time since 1916, have appointed a committee of three to negotiate a proposed 10 per cent, one-year wage cut with representatives of railway labor. The committee, named Monday, will act with similar committees of western and southern executives, in dealing with a group of rail union heads. The eastern committee consists of Daniel Willard, president of the Baltimore & Ohio, Charles '•E.

! 37 Years Ago Today ii Important discoveries of j | gold were made in lowa Gulch, j ! lowa, on December 15, 1894. \7lh£cC !aff the mow* op thoughtful j Funeral Directors 1619 North U 22 I Illinois Street Union Street { TAlbot 1876 DRexel 2551 |

A-wait Ruling By United Press FALLS CITY, Neb., Dec. 15— Alvin J. and Richard A. Bahr, brothers involved in a court action over debt claims, will receive the courts decision in 2,031 if they are present. District Judge J. B. Raper, who heard the case involving 2,200 exhibits set the date for decision 100 years hence.

Denny, president of the Erie, and J. J. Pelley, president of the New York, New Haven and Hartford. Meanwhile preparations were made to make effective the railroad credit pool which will extend credit to lines in need of funds. Articles of incorporation were granted in Wilmington, Del., Tuesday. The pool will be known as the Railroad Credit Corporation. E. G. Buckland, chairman of the board of the New York, New Haven and Hartford, is president. Directors will meet in New York later this week to elect a secretary-treas-urer and complete other details of organization. Bonds with short and long term credits falling due next year will be enabled to borrow from the pool.

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EX-COP VAGUE A6UUT HOW HE GREWWEALTHY Tells Probers Fancy Story of Getting Money From Brother, Sailor. By United Press NEW YORK, Dec. 15.—A retired detective who had banked $99,240 received in part over an eleven-year period from “a brother, now dead” and “a seafaring gentleman" now missing, is Samuel Seabury’s latest exhibit among New Yorkers with fabulous incomes from almost incredible sources. The detective is Dennis Wright. Although he told a Seabury aid that “a cop is only crumbs on the table,” he made bank deposits totaling more than $49,000 in 1927, 1928 and 1929, when he was plain clothes duty supervising speakeasies in a Bronx division. Spectators during the Hofstadter

i committee city-wide investigation, i inclined to levity at witnesses’ explanation of the source of their income. greeted Wright’s with hilarity. , Wright said his brother, who ran a ! "hotel for gentlemen only,” gave him $25,000, and a “seafaring man - ’ named Patrick Manning furnished another $14,000. The brother now is dead, Wright said, and Manning j presumably is doing some seafaring.

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Wright had no idea where he is. Thus Wright joined the ranks oC witnesses who found it easy to borrow—such as Register McQuade of Kings, who borrowed some $500,000 j “to keep thirty-four McQuades from, starving”—but he was not so fortunate as Sheriff Thomas M. Farley of Manhattan, who testified he got considerable money out of a “big tin box at home.”