Indianapolis Times, Volume 43, Number 217, Indianapolis, Marion County, 19 January 1932 — Page 11

JAN. 19, 1932-

MELLON STATES (I. S. POLICY ON FOREIGN DEBTS Administration Insists on Justice to Americans and Foreigners. BY WILLIAM PHILIP SIMS Scrippi-Howard Foreign Editor WASHINGTON, Jan. 19.—The administration's policy on war debts, as stated by Andrew W. Mellon, secretary ol the treasury, is basicklly this: “To ask a debtor nation to pay substantially less than it is able, without undue burden on its people, is to do an injustice to our own taxpayers. “To ask a foreign debtor to pay more than its capacity, is to be guilty of an injustice such as I am sure can not be charged against us." The contention raised in this country and abroad that the loans to the allies were “a contribution to a common cause,’’ and that our dollars merely took the place of soldiers who did not appear in the field for a full year following our declaration of war against Germany, is refuted. America Forced to Pay American troops were very much on the spot when the crucial time came, Mellon told the 116 Princeton professors who, with the faculty of political science at Columbia, advocated debt revision. Furthermore, when it came to treating our advances to the allies as a contribution to a common cause, he said, they overlooked the fact that when America spent hundreds of millions of dollars for goods and services in England and France, she had to pay cash. France and Britain did not contribute goods and service to us in the common cause. Lastly, Mellon observed, the present value of the war debt settlement at 5 per cent, a rate less than most of the debtors now have to pay for money, is—except in the case of Britain—either less than, or approximately the same, as the amounts borrowed after the war ended. Only Commercial Debt Left “France’s after-war indebtedness with interest,’’ he illustrated, “amounted to $1,655,000,000. The Mellon-Bcrenger settlement has a present value of $1,680,000,000.” That is to say, if France's debt to this country is divided into what was borrowed during the war, on her actual war debts, and what was borrowed after the war, or her commercial debts, it will be seen that her war debt has virtually been cancelled, and that only the commercial debt remains to be paid. Similarly, “Belgium’s post-armi-stice borrowings with interest were $258,000,000, and the present value of the settlement is $192,000,000.” Britain Answered The British war debt to this country is on a slightly different basis. Some of the money she borrowed, she re-lent to the allies. Some went for food, which she resold to her own people. Some paid off maturing securities, floated before the war, and so on. The money advanced did not all go for strictly war purposes. The principle of capacity to pay applied to her the same as to others. Being more able to pay she was asked to pay more. On an average she was due to receive from the allies, and from Germany reparations something like $190,000,000 annually, and she was required to pay the United States only $160,000,000, a net yearly surplus to her of $30,000,000. Britain’s announced policy has been that she only wanted to make incoming debt payments balance outgoing ones. Such is Mellon’s reply to Britain’s complaint that she had been discriminated against—that whereas the United States knocked off 58 per cent of the French, 54 per cent of the Belgian, and 79 per cent of the Italian debt, hers has been reduced only 28 per cent. FURNISHINGS STOLEN Articles Worth More Than SI,OOO Are Reported Taken. While the family was in Florida, thieves entered the home of Jake Leffler, 305 North Pine street, and stole furnishings valued at nearly SSOO, detectives were told today. A burglar broke into two lockers In (he basement of an apartment at 1 East Thirty-sixth street Sunday night, stealing clothes valued i at $597. Otner persons reporting thefts ! arc: Margaret Berdell, 1631 Law- i rence avenue, sl4; R. W. Smith, \ Hotel Barton, $lB, and Mrs. Gertrude Harris, Negro, 2715 Boulevard place, sls. Woman Swallows Poison Mrs. Alvin Kindred, 429 West Michigan street, is in serious condition today at city hospital after j swallowing poison in a suicide at- | tempt Monday night. Mrs. Kindred has been ill several weeks.

Fishing the Air

Nan O'Reilly, woman golf writer, will be the guest on ‘‘The Bath Tub Club” program to be presented over WFBM and the Columbia network from 7 to 7:15 p. m., Tuesday. "Songs My Mother Sang” will be the “memory song” to be featured by Kate Smith, the songbird of the south, during the program to be broadcast with the accompaniment of Nat Brusiloff's orchestra over WFBM and the Columbia chain Tuesday, from 7:30 to 7:45 p. m. ■

HIGH LIGHTS OF TUESDAY NIGHT'S PROGRAM. 7:oo—Columbia—The Bath Club with Nan O'Reilly. NBC (WXAFi—Sanderson and Crumit. 7:30 —NBC (WEAR)—Mary and Bob. 7:4s—Columbia—Ed Sullivan. 8:00—NBC iWJZ)—H o u s e hold sketch. B:3O—NBC (WJZ>—Great Personalities with Frailer Hunt. Columbia-rCrlme Club, part one "Kennedy, the Con Man.” B.oo—Columbia—Detective drama—- " The Shadow.” 10:15—Columbia—Howard Barlow and Bym phony. 11:05 NBC (WEAR)—Rudy Vallee and orchestra.

A rhvthmlc wait* bv Irving Berlin. • mnosed especially for Nat Shilkret's orchestra and Alex Orav. baritone, will be -troduced during their nightlv period of "Music That Satlsflea” over WFBM and the Columbia network Tuesday, at 8:30 s. m.

Radio Dial Twisters

stations OF THE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network KDKA MW KTHS 1010 wen J7fl WMAO :n WJZ WSAI 1230 £*9* 5'TL° m II wot pw wls 87* wsb ■mo *2* whas wlw -no wsm cm 1 Sr?. 09 WHO |rtPn woe 1090 wtam n*:o X'SfL 2E NR 97,1 wibo iwo wow sm * wtic n>o KSTT lino WBAP HOP ' WFAA AXQ 1 WJB 756 1 WRTA 1110 WWJ 920 STATIONS OF THE COLUMBIA BROADCASTING SYSTEM **po WBBM 770 WKRC *56 WOWO 1160 WCCO 8l KUIL 20 U 22 ffIAU MO WFIW *lO CKAC *.* CFIRR .?0 WBT lORfl WJJD ISO KRLD 10i HFB.M 1230 WLAC 1170 KMOX IUOO TUESDAY —:4S P. M —9 p, m.— —10:30 P. M.— NBC fWJZi— Back of Wash- KYW <lo2ol Phillip's Hy- CBS—Morton Downey lngton news. ers. WMAO <67o<—Dan and Svl-CBS—The Shadow N 9, c . <WJZt—The Three Via. WON 1 720 1 —Mystery More. Doctorli—7 P. M.— NBC 'WEAFt—Dance orc.o*s- —10:15 P. M.— CBS—Bath Club: Centree’s tff tV Wa i ter VVinmell. CBS—Olsen's orchestra. orchestra: soloists. NBC (WJZ —Russ Columbo NBC (WEAFi—Julia Sand- and ochestra. J 7?P ,—Wayne * an,: 3 erson: Frank Crumlt. 9-15 p m orchestra. WJR i7soi-Muslcal chronl- Nnr NBC 1 WJZ!—Dream Die- • Tnc Raven. tures. NBC <WJZ)—Voters service. —9:30 P. M.— _ii pw W c*hes®ra <67o ' -COnCert ° r ' C^7,? rche * tra * Alex K YW <lo2ol Dok Pedro s ~ 7:15 p ’ M '~ NBc a fwJZ)—Clara, Lu and C^^'K orrhMt ,„ CBS—Lvman’s band nd Em. CBS—Sissle s orchestra. Olee Club. WMAO <67o—Dr. Preston NBC fWEAF)—Rudy Vallee’s —7:30 P. M. Bradley. orchestra. CBS—Kate Smith. —9:45 P. M.— WMAO <67o!—Via Laao orNBC <WEAFi—Marv & Bob. CBS—Mvrt <b Marge. chestra i3 hours). WJR <7soi-Bubble Blowers. CBS—Jack Miller. —11:15 P. M.— WMAO W £orro™’TGbune!***' *°* "Town. ,770, - Around the —7:45 P. M.— NBC Vwjzi -Paris CBS—Ed Sullivan. Life - NBC ' f WJZ)—Agnews orNBC <WJZ I— Sisters ol the —lO P.M.— chestra. Skillet. KYW <lo2oi—Sports; news; —11:30 P. M. KYW (1020i—Aenew's or- CBsi-'Bing r Crosby. KY*W chestra. NBC (WEAF) —Marion Har- ihp.iri lo2o ~ Aene 5 or ' 9.SSr ßfrn,e ’ 8 orchestra. rls. NHr'iWFAn WBBM <77oi—Songs; on- WJR (750)—Chimes: radio rhfra F ~ Slmmon * orcert orchestra. reporter. cnesira. NBC (WEAFt Musical Amos ’n’ Andy (NBC) —11:45 P. M.— magazine. KTHS. WENR. WMAQ. KYW (1020)—Pedro’s orNBC . (WJZ 1 Orchestra: whas. chestra 0 8 or mixed chorus. —10:15 P. M.— —l2 (Midnight)— — 8:30 p - CBS—Howard Barlow and K Y™ <lO2O -Russo’s orchesV/BBM <77o —Brooks Ac Jesse Craw- <B7ol Hines’ orenesRoss: Miniature symphony. ford organist wrxr' „ u, „ , or- NBC (WENRi Quarter hour, 72 °)—Herbie f'av s NBC (WJZ)—Great person- 10:30 P. M.— —12:30 A. M.— &,ttr,. H ' Jnt: K^ S tr!) 1020, - RUSSO ' 8 ° r - K Yh W estr'a lo2o, - SDeChtS ' ° r ' W c M hlftra. ,6,o - COnCert ° f *i N chestra. EAF) Dennys -I^^B7o) -Don Zero's

WFBM (1200) Indianapolis Indianapolis Power and Light Company TUESDAY i P. M. s:3o—Public Schools program. 6.oo—Dinner ensemble. 6:3o—Kaltenborn Edits the News (CBS). 6:4s—Downey Ac Wons <C3St. 7:oo—Bath Club (CBS). 7:ls—Abe Lyman’s band (CBS). 7:3o—Kate Smith (CBS). 7:4s—Walter Wlnchell (CBS). B:oo—Address by Vash Young. 9:oo—The Shadow (CBS). 9:3o—Music That Satisfies (CBS', i 9:4s—Atop the Indiana Roof. i 10:00—Bing Crosby (CBSi. j 10:15—Dance orchestra. 10:30—The Columnist. J<>:45 —George Olsen and his music (CBS). 11:00—Atop the Indiana Roof. 11.30—Case De La Paix orchestra tCBS). WKBF (1400) Indianapolis (Indianapolis Broadcasting, Inc.) _ „ TUESDAY P. M. 4:ls—Harry Bason. 4:3o—Late sport news. 4:4s—News flashes. s:oo—Vauehn Cornish. s:ls—Evening announcements. s:3o—David Lawrence dispatch. 6:oo—Mvron Green. 6:15—Apollo hour. 7:oo—Vaughn Cornish. Ruth Otte. 7:ls—Harrv Bason. 7:3o—Orchestra. 7:4s—Clarence Harding. B:ls—Court musicians. 9:30—80b White's ohtlosphv. B:4s—Home program. 9:oo—Sport question box. 9:os—Connie's orchestra. 9:2o—Armory boxing bouts. 10:30—Red Curtis orchestra. 11:00— Sign off. WLW (700) Cincinnati TUESDAY P. M. 4:oo—Story hour (NBC). 4:4s—Little Orphan Annie (NBC). 5:00—Old Man Sunshine. 5 15—Henry Busse's orchestra. s:29—Time announcement. s:3o—Ray Perkins (NBC). s:4s—Lowell Thomas (NBC). 6:oo—Amos ’n’ Andy (NBCI. 6:3o—Henry Busse’s orchestra. 6:4s—Musical Dreams. 7:oo—Sisters Three. 7:3o—Bubble Blowers. B:oo—Musical Mysteries. B:3o—“Great Personalities,*’ Frazier Hunt (NBC). 9:3o—Variety. 9:44—Time. 9:45—80b Newhall. 9:sß—Weather. 10:00—Night Caps. 10:30—Los Amigos. 10:59—Time. 11:00 —Henry Busse’s orchestra. 11:30—Kay Kyser’s orchestra. A. M. 12:00—Time announcement. 12:01— Sign off.

Day Programs

WFBM (1200) Indianapolis Indianapolis Power and Debt Compan? . „ WEDNESDAY A M. 7:3o—Records. 9:oo—Women’s hour. 9:3o—Keenine ud with daughter. 9:4s—Aunt Sammv. 10:00—Musical scales. 40:15 to 12—Silent. 12 Noon—Farm network (CBS). P. M. i I:oo—Society Reporter. I:ls—Ann Leaf at the orcan (CBS). I:3o—American School of the Air (CBS). 2:oo—Edna Wallace Hopper (CBS). 2:ls—Four Eton bovs (CBS). 2:2s—Transcription. 2:3o—Two Thirty Tunes. 3:00 to s:3o—Silent. WKBF 1 (1400) Indianapolis (Indianapolis Broadcasting. Inc.) . WEDNESDAY A. M. 6:30 —Cadle Tabnernacle family prayer period 7:oo—Church federation program. 7:ls—Musical clock. 7:3o—World news. B:oo—Breakfast Bazaar.

The INDIANA AGENCY OF THE EQUITABLE Is Advancing The Cause of Life Insurance Through a Comprehensive and Inclusive Service for Agents and Policyholders Home Office Co-operation Expert Field Supervision and Assistance Training Facilities: Comprehensive Canvassing Material Preliminary Training Course ~ Weekly Agency Periodical Correspondence Course Personalized Letter Service Field Schools Policyholders Service Campaigns Specialist’s Courses Policyholders Change of Address Service Specialized Sales Service Home Office Leads for Business A Department of Conservation Century Clubs and Million Dollar Corps Contributory Group Insurance for Agents Complete Life Insurance and Annuities An Equitable Policy for Every Need Non-Medical Insurance for Policyholde-s Special Business Insurance Material Rural Non-Medical for Non-Policyholders Corporate and Absolute Owner Form of Policy Disability (Income for Economic Death) Inheritance Tax Service Double Indemnity for Accidental Death Annuities—Regular Monthly Premium Refund Home Purchase Retirement Annuity Bequest Insurance Convertible Policy Salary Savings Educational Fund Agreement Insurance for Women and Minors Salary Continuance Agreement Sub-Standard Business Life Income and Instalment Policies Group Life Insurance Guaranteed Investment Policy Group Disability Preliminary and Initial Term Group Accident and Health Economic Adjustment Policy Group Pensions Free Health Examination Service for Policyholders 72 Years of Life Insurance Leadership . . .The Financial Service of a Billion Dollar Company THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES THOMAS L PARKINSON. President HOMER L. ROGERS, Agency Manager Third Floor Consolidated Building A Mutual Company with over Two Million Members insured for over Seven Billions

. B:3o—Household topoics. 9:ls—Crystal studio. —Hollywood news flashes. —® cll ool Ship of the Air. B:so—Morning announcements. 10:25—Musical chef. 10:45—Dessa Bvrd at the organ. 11:00—Harrv Bason. 11:15—Luncheon music. P. M. 12:15—Hill Billy Kid. 12:30—Livestock reports. 12:45—Marott trio. . I:oo—Business news. I:ls—Sign off. WLW (700) Cincinnati , „ WEDNESDAY A. M. s:3o—Time announcement. s:3l—lnternational Fiddlers. B:oo—Time announcement. 6:ol —Physical exercises. 6:ls—Talent bureau program. 6:3o—Time announcement. 6:3l—Organ recital. 6:45—J011y Bill and Jane (NBC). 7:oo—Time announcement. 7:ol—Morning devotions. 7:ls—Phil Cook (NBC). 7:3o—Talent bureau program. 7:4s—Physical exercises. B:oo—Musical Eechings. 8:15—Ohio Federation of Women’s Clubs. B:3o—Beautiful Thoughts (NBC), B:4o—WLW Mail Bag. 9:oo—Livestock reports. 9:lo—Announcement. 9:ls—Orchestra. 9:3o—Colonel Goodbody (NBC). 10:00—Talent bureau program. }ols— Tal k on mouth hygiene, 10:25—Ramona. 10:35—River reports. 10:45—Sweetheart program (NBC). 11:00—Talent bureau program. I*:ls—To be announced. 1130—Kay Kyser’s orchestra. 11:45—Market reports. 11:50—Livestock reports. 12:00 Noon—National Farm and Home period (NBC). P. M. 12:30—Time announcement. 12:31—Henry Busse’s orchestra. 1:00—Ohio School of the Air. 2:oo—Plantation Days. 2:30 —Louis Johnem baritone. 2:4s—Talent bureau program. 3:oo—Orchestra. 3:3o—Organ matinee recital. 3:45--The chatter. BANK EXPERT TO SPEAK Investment Counselor Added to Association’s List. Ricliard M. Plaister, Chicago, investment counselor, has been added to the list of speakers for the midwinter meeting of the Indiana Bankers’ Association, it was announced today. Plaister, for many years an expert in the handling of investment reserves, will appear at the afternoon session Jan. 20 at Claypool His topic will be “A Sound Approach to a Bank’s Bond Account.” Other speakers will include W. A. McDonnell, vicS-president of the Bankers’ Trust Company, and Dan H. Otis of Madison, Wis., director of the agricultural commission of the American Bankers’ Association.

‘Hey You; Off’ By United Press DETROIT, Jan. 19.—There was no room on a Detroit motor bus for the strong-faced individual who attempted to board it. The driver ordered him off and sped away. He did not recognize his ousted passenger as Wilber M. Brucker, Governor of Michigan.

THE INDIANAPOLIS TIMES

CONDITIONS AT MARKET TO BE INVESTIGATED Suggestion of Women’s Club Considered at Conference. Preparations for a survey of city market conditions were being made today, following a conference of city officials Monday with Mayor Reginald H. Sullivan. Attending the conference were Sullivan, Charles R. Myer;, safety board president; Ernest C. Ropkey, council president; Mrs. C. A. James, representing the Woman’s Department Club, and Harry Springsteen, city market manager. Suggestions made by the club, and the Seventh District Federation of Clubs, recently, for market changes were considered. These included elimination of curb stands, rerouting busses to permit angle parking on the south and east sides of the market and establishment of a checking room accessible to motorists. Readjustment of rentals also was discussed. Myers said he would renew a request to city council for $1,500 appropriation for erection of a canopy and installation of a checking room in the east market. The survey probably will be made by the safety board and council representatives. Demands similar to those made by the women’s club were made a year ago by the Indianapolis Market Standholders Association. GAS VICTIM DIES Found in Auto, Overcome by Carbon Monoxide. Harry Pohlman, 35, of 1613 Station street, overcome by carbon monoxide gas Friday while working on his automobile in the garage, died Monday night at the city hospital. Mrs. Amanda Pohlman, the widow, told police her husband had been out of work, but she did not believe he committed suicide. Neighbors who heard the motor of Pohlman’s car running, found him unconscious in the front seat of the automobile. Survivors in addition to the widow, are a son Richard, 16; the parents, who live in Batesville; three brothers, John, Werner and Herbert, also of Batesville, and a sister, Mrs. Genevieve Sierschel. Funeral arrangements have not been made. 0 THUGS WRECK HOME Assailants of Man, Wife Invade Residence for Second Time. Reports that three men forced their way into the residence of Charles Newsome, 54, of 224 North Miley avenue, early today, smashed furniture and stole a shotgun, are being investigated by police. Newsome told police one of the trio had been with four other men who, Sunday night, invaded his home, beating him and his wife. Newsome told police he did not investigate the alleged attack Sunday night, fearing the men would return. According to police. Newsome could give them no explanation for the invasions and attacks.

Insurance for Church Members Clergymen and Laymen A Organized 1912. Incorporated under Insurance " ■_ Laws of Indiana. Sick ig" : -ifr~ (jfr Benefits. $5.00 to $31.50 \ P er week. Accident Benefits. $5.25 to $41.25 per week. Accident Insuri ance, S2OO to $7,500. ”, Burial Benefits. SIOO to SSOO -he membership fee. $3.00 Single Accident and Health Policy; $5 00 Double m- $7.00 Triple, either with or without Burial Insurance, pays cost for first three months. „.L> f e Insurance: Terms; Straight Life; 20-Pay Life: 20-Year Endowment; Enr ow ®?!Sx at 65: Endowment at 70, SSOO to $5,000. (Fuli legal reserve maintained.) Terms to clergymen: For full particuiars write us, giving date of birth. Address Church Members Relief Assn. President. 827-30 Occidental Building Indianapolis, Ind.

Child in Play

v * iif If v ’iß HHP

Margaret Noone Margaret Noone will play the child role of Claudia, the leading character in “The Prince Chap,” which will be presented by the Young People’s Social Club of the Assumption parish in the hall at 1105 Blaine avenue, Jan. 24. Two performances will be given, the matinee at 2:30, and the evening presentation at 8:15. Claudia as a young girl will be played by Dona Bush. Miss Marjorie Meyers takes the role as a young lady.

THE HERMAN C. WOLFF CO. Personal Service on Insurance Lincoln 7488 811-813-817 Illinois Bldg. I Indianapolis, Indiana

The following hustling, efficient, and well equipped life insurance men will call on you Thursday, January 21, National Insurance Day. The Northwestern Mutual Life Insurance Company of Milwaukee, Wisconsin E. A. CRANE, General Agent Chester Albright Robert Littell James A. Baird Carl McCann A. E. Baker Frank V. Mills Harry H. Bingham Guy E. Morrison C. C. Crumbaker Ned B. Nelson J. Harry Holtman Warren D Oakes P. M. Isenbarger Parry Oakes Eph Levin H. J. Tilly

EMPIRE LIFE AND ACCIDENT INSURANCE CO. 1908 1932 HOME OFFICE Empire Life Building Indianapolis, Indiana We issue all of the latest and most improved forms of ordinary life contracts from $1,000.00 and up. Commercial health and accident contracts providing monthly indemnity for $50.00 to $200.00, with accidental death benefits for $1,000.00 to $4,000.00. Industrial weekly premium, payment policies covering sickness, accident and death benefits. Also Industrial life insurance Over $5,000,000.00 paid to policy holders. The “EMPIRE” is a legal reserve capital stock company, incorporated under the Insurance Laws of the State of Indiana, and has on deposit with the Insurance Department the full amount required by law for the protection of its policyholders. C. S. DRAKE,. President.

FORMER STATE WOMMSLAIN Ex-School Teacher’s Throat Slashed by Robber. By Times Special SAN BERNARDINO. ’ Cal., Jan. 19.—Authorities today are seeking the slayer of Mrs. Ida L. Heald, 55, former Richmond (Ind.) school teacher, who slashed her throat after robbing her and looting the filling station she operated near here. iUrs. Heald’s body was found late Monday by a motorist, an hour after she had been seen alive by persons in the vicinity. Her rifled purse was found on the floor of a room in the filling station and the place had been ransacked. Mrs. Heald came here six years ago from Indiana. Her husband is a patient in a state mental hospital. Capone's Birthday Forgotten By United Press CHICAGO, Jan. 19.—Nobody at the jail remembered A1 Capone’s birthday. Assistant Warden George Gibson thought he did, but when he congratulated the gangster, in county jail pending appeal of his income tax conviction, he discovered Capone was born Jan. 6, and the day passed without the slightest note.

B—TONIGHT—WFBM VASH YOUNG Author of “A Fortune to Share” Sponsored by Insurance Underwriters of Indiana

Aged Man Kills Self By Times Special ELKHART. Ind., Jan. 19. Funeral services were held Monday

Modern Life Insurance Since 1845 Service —Security—Dependability The basis of a continuously successful record of eighty-six years. The Mutual Benefit Life Insurance Cos. Home Office—Newark, N. J. William H. Tennyson, General Agent W. J. Greenwood J. C. Faunce W. H. Rector 918 Hume-Mansur Bldg., Indianapolis, Ind.

Business Is Good with the Bankers Life C ompaii) 1931 TTTrs the-' Third Successive Year of Company Leadership for the Indiana, Agency INDIANAPOLIS REPRESENTATIVES Elbert Storer, Agency Mgr. V. R. Teter B. M. Bugbee H. B. Meyers R. H. Guhne H. E. Storer .Tames Teeters I. L. Patterson L. A. Beard J. M. Noe 1009-12 Merchants Bank Bldg.

Gregory & Appel (Incorporated) 48 Years of Service to the Public Insurance Real Estate Rents Loans 247 N. Pennsylvania St. Phone Lincoln 7491

PAGE 11

| for James Lynn, 85, father of eleven I children, who cohimitted suicide by j hanging, due to despondency over ' Illness.