Indianapolis Times, Volume 43, Number 237, Indianapolis, Marion County, 11 February 1932 — Page 5

FEB. 11, 1932_

FEDERAL BONDS BEST BUY, SAYS SEN.COUZENS Advises Average Man to Invest Money Only in Government Issues. BY RAYMOND CLAPPER United Pres* Staff Correspondent (Coovright. 1932. bv United Press) WASHINGTON. Feb. 11.—In the Judgment of the richest United States senator, a man who made a fortune in his earlier business career, government bonds are the best Investment for the average person who Is tempted in these times to hoard money. This advice was given today by Senator James Couzens fßep., Mich.) in an interview with the United Press, discussing President Hoover's nation-wide anti-hoarding campaign designed to bring $1,300,000,000 out of hiding. A hard-headed business man of long experience, Couzens sees much bigger problems involved than those thus far suggested in the anti-hoarding campaign. He believes the hoarder is foolish to let his money remain idle when he can draw interest with entire safety in government bonds. Suggests Federal Bonds But he does not believe this effort reaches the difficulty. He believes the revival of confidence should start with the bankers. And the little hoarder, moved by fear, needs assurance that his job will go on before he can regain his confidence Couzens believes. “If anybody is inspired by this anti-hoarding campaign and feels inclined to respond, I would suggest that he buy federal government bonds,” Senator Couzens said. “That is the only thing I would be willing to recommend to anybody at this time. It is a safe and sound way to get money into circulation.” He does not wish this to be construed as blanket disapproval of other securities. His advice is intended simply to provide a simple working rule for the average small Investor who is bewildered as to where he can place his money. Interest Bankers First “The anti-hoarding campaign is an effort to revive confidence,” he continued. “I ask the question, where should confidence originate? My judgment is that confidence has first got to revive among the bankers. “Banks are bragging about the amount of cash they have. There is no scarcity of credit for production purposes and there is no real shortage of currency. We had enough for our business needs in 1928. Those needs are 60 per cent less now. Then why shouldn’t our credit and currency be sufficient now? “The scarcity of credit applies only for the purpose of carrying debtors. There is a scarcity of buying power, not of credit or currency. It seems silly to me for any one to say that with 60 per cent of our normal business we have a lack of credit and currency.” The logic of this situation, Couzens believes, carries the question directly to the matter of unemployment insurance or some other means of insuring steady income for the average man.

A popular hat for smart young heads . . . this PANCAKE BERET of SOFT STRAW Special at I There is very little hat... but what a big stir it has caused. Smart young things everywhere are wearing this impudent and audacious new member of the hat family —and unless we miss our guess you too will want to buy one or more at this attractive price. Black Red Brown Navy Nassau PETTlS'—street floor. PETTIS DRY GOODS CO. The New York Store Est. 1853

Times Radio Dial Twisters

STATIONS OF THE NATIONAL BROADCASTING COMPANY WEAF Network WJZ Network KDKA KTBS HMD WCFI. 7fl WMAQ 67# WJZ v# WBAI 133# CKGW #o# KVOO 114# WCKY 490 WOT 19# WLS *7O WSB 140 KOA CM KYW IDS# WDAF H# WHAS M# I WLW 70# WSM Cl# KrRC *7# I WBAI. 143# WENR *7O WHO I*o WOC 100# WTAM I*7o KSTP 140# I WBAP M WFAA SMI WJB 78# WOW M# ' WTIC I(6# STATIONS OF THE COLUMBIA BROADCASTING SYSTEM WABC ### WBBM 77# WKRC MO WOWO ll 0 WCCO *lO KOII. 200 WPG 1100 - WGN 720 WIAU 040 WFIW M# CKAC 730 i CTOB i0 WBT 10*0 * WJJB M3O KRI.D 1010 WFBM 1230 WLAC 147# KMOX 1000

—7 P. M.— KYW (1020)—AKneWs orchestra. CBS—The Bath Club. NBC l WEAK)—Rudv Vailee. NBC (WJZi—Spiritual dingers. —7:15 P. M.— CBS— Lvman'a band & Glee Club. WJR (750)—Hamp's orchestra. StBC (WJZ) Rin-Tin-Tln Thriller. —7:30 P. M KDKA 0801 Melody Soeedwav. <YW (1020) Centerville sketches. rßS—Kate Smith. VENR 1 870)—The new*. WJR (7501—Studio. —7:45 P. M CBS—Angelo Patrl. NBC (WJZ)—Sisters of the Skillet. —* P. M. — KYW (1020)—Don Pedro's orchestra. CBS—Mills Brothers. WBBM (770)—Spelling Bee. NBC (WEAF) Big Bix, Black’s orchestra; soloists NBC (WJZ)—Sanderson and Crumlt. —8:15 P. M.— CBS—Ted Husinft, Irene Beasley. Rich’s orchestra —8:30 P. M.— CBB—Love Story Drama. NBC (WEAPi—Adventures of Sherlock Holmes. NBC (WJZ)—Voorhees’ orchestra. WMAQ (670)—Concert orchestra. —8:45 P. M WBBM (770)—Musical Six. —9 P. M KYW (1020)—Phillip’s Flyers. NBC (WEAF)—Dance orchestra with Walter Winchell. CBS—The Trumpeters. WGN (720) Kassel’s orchestra. , . NBC i WJZ)—Horlick’s orchestra.

WFBM (1200) Indianapolis Indianapolis Power and Light Company THURSDAY P. M. s:3o—Connie Boswell (CBS). s:4s—Uncle Bob. 6:oo—Dinner ensemble. 6:ls—Record program. 6:3o—Editing the news (CBS). 6:45 —Downcv and Wons (CBS). 7:oo—Bath Club (CBS). 7:ls—Automelodies. 7:3o—Kate Smith (CBS). 7:4s—Record program. 815—Louie Lowe’s orchestra. 8:30—To be announced. B:4s—Record program. 9:oo—Trumpeters (CBS). 9:3o—Music That Satisfies (CBS). 9:4s—Friendly philosophy. 10:00— Bing Crosby (CBS). 10:15—Lvric Ballroom orchestra. 10:30—The columnist. 10:45 —George Olsen’s music (CBS). 11:00—Atop the Indiana roof. 11:30—Louis Panico orchestra (CBS). 12:00 Midnight—Sign off. WKBF (1400) Indianapolis (Indianapolis Broadcasting. Inc.) THURSDAY P. M. 4:ls—Harry Bason. 4.so—Late sport news. 4:4s—News flashes. s:oo—Vaughn Cornish. s:ls—Evening announcements. s:3o—Dinner music. 6:oo—Mvron Greene. 6:ls—Popular hits. 6:2s—David Lawrence dispatch. 6:3o—Headlines. 7:oo—Ruth Otte. 7:ls—Harry Bason. 7:3o—Orchestra. 7:4s—Clarence Harding. B:ls—Buddies orchestra B:3o—Marvel Myers. B:4s—Home program. 9:oo—Concert orchestra 9:3o—Sports question box. 9:35 —Prosperity hour. 10:35—Showboat orchestra. 11:00 Sign off. WLW (700) Cincinnati THURSDAY P. M. 4:4s—Little Orphan Annie (NBC). 5:00—Old Man Sunshine. s:ls—Henrv Busse s dance orchestra. s:29—Time. s:3o—Radio news reel from Hollywood. s:4s—Lowell Thomas (NBC). 6:oo—Amos ‘n’ Andy (NBC).

THURSDAY -9:19 P. M.— WGN (720) Washington dramatization*. —9:30 P. M.— CBS—Alex Ora? and orchestra. NBC (WJZ)—Clara. Lu and Km. WMA© (670)—Romance time —8:43 P. M.-~ CBS—Jack MlDer and orchestra. WON (720)—Dance interlude. WJR (750)—McKinney’s Cotton Pickers. NBC (WJZ)—Paris Night Life. —lO P. M.— KDKA (980i —Sports: weather. KYW (1020)—Snorts. CBS—Bing Crosbv. NBC (WEAF)—Conrad’s orchestra. NBC—Amos ‘n’ Andy to WENR. WHAS. WMAQ. —10:15 P. M.— KSTP (1460)—Orchestra: vocalists. CBB—Speeches bv Nicholas Murrav Butler and ethers. WDAF (610)—Dance rogram. 4BC (WENR)—Quarter hour. WGN (720)—Kassel’s orchestra. WGY (790)—Organist. WJR (750)—1n Shadowlnud. WTAM (1070) —Studio: dance orchestra. WTMJ (6201—Dance orchestra. —10:30 P. M.— KDKA (980)—Don Bestor’s orchestra. KYW (1020) —Russo's orchestra. NBC (WENR)—Jesse Crawford. organist. CBS—Morton Downey. WOW (590)—News: Peacock orchestra. —10:45 P. M.— KTHS (1040)—Civitan Club. CBS—Geo. Olsen and orchestra. NBC (WEAF)—Mills band.

6.ls—Scrappy Lambert. Frank Burns and e m £ at Br ysU°ff s orchestra. 6.3o—Centerville sketches. 6:4s—Musical dreams. —Rin-Tin-Tin Thriller (NBC). S : 22~J?, e !? rv Bust's dance orchestra. —Sisters of the Skillet (NBC). 9:oo—Dance gypsies. 9:3o—Seger Ellis and band. 9:4s—Time. 9:46—80b Newhall. 10:00—Night caps. 10:30—Croslev theater. 10:59—Time. 11:00—Henry Busse’s dance orchestra. 11:30—Jack Albin’s dance orchestra. 12:00 Midnight—Time. A. M. 12:01—Sign off.

If I were asked to give one reason why Stut* is in such a solid and promising position today and why some of the foremost business brains in America have been glad to associate themselves with State, I should give this trite but nevertheless correct answer: That Stutz has had the nerve and the capital, even during the past two years, to stick fast to an engineering ideal.

Stutz is not to be given any credit for an original idea. For years manufacturers have known that an extremely low center of gravity in combination with a worm gear and a massive double-drop frame with integral steel running boards was the real answer to motor car safety together with maximum performance and beauty. Stutz is to be praised only for having the nerve and the capital to go through with it. These basic principles, evolved by America’s greatest automotive engineers, cost more money from a manufacturing standpoint. By resisting the temptation to adopt less expensive methods during difficult times, Stutz is now reaping its reward in the form of appreciation from that minority of motor car fc lyers which really knows what it wants and why.

AN INSTITUTION RENDERING EVERY BANKING SERVICE ☆ A STRONG BANK FOR NINETY-THREE YEARS ☆ DIRECTORS

HERVEY BATES,JR. JAMES I. DISSETTE Vice President State Life Ins. Cos. GEO. C. FORREY President Fletcher American Cos. FRED HOKE Vice Prerident. Treasurer Holcomb & Hoke Mfg. Cos. HERMAN P. LIEBER Vice President H. Lieber Cos. FRED MILLIS President, Millis Advertising Cos. WM. J. MOONEY President M ooney - M ueller ■ Ward Company G. BARRET MOXLEY President Kiefer-Stewart Cos. GUSTAV H. MUELLER Vice President WILLIAM L. O’CONNOR President M. O’Connor & Cos. LEO M. RAPPAPORT Attorney -at-Law ALBERT M. ROSENTHAL

THE FLETCHER AMERICAN NATIONAL BANK OF INDIANAPOLIS

—10:45 P. M.— WON (720)—Wayne King's orchestra. NBC (WJZt—Lew White, organist. WMAQ (670)—Via Lago orchestra (3 hours). WSM (650) —Gastcnians. —a p. m KYW (1020) —Don Pedro’s orchestras. CBS—Lombardo and Royal Canadians. NBC (WEAF)—Dream Singer: Coon-Sanders’ orchestra. WGY (790)—Miles’ orchestra. NBC (WENR)—Piano moods. WTAM (1070) Melodies: dance music. —11:15 P. M.— WBBM (770) —Around the Town (2 hours). WENR (870) —Coon-Sanders’ orchestra. WGN (720)—Ted Weems'orchestra. WJR (750)—Graystone orchestra. —11:30 P. M.— CBS—Panico's orchestra. NBC (WEAF)—Agnew’s orchestra. WGY (790) —Dance orchestra. NBC (WJZ)—Larry Funk’s orchestra. —11:45 P. M.— KYW (1020)—Don Pedro’s orchestra. WDAF (610) Nighthawk frolic. WGN (726)—Moores’ and Kays’ orchestras. —l2 Midnight— KYW (1020) Dan Russo’s orchestra. CBS—Sissle’s orchestra. WENR (870) —Hines' orchestra. —12:30 A. M KY W (1020)—Spechts* orchestra. WENR (870)—Don Pedro’s orchestra. WTMJ (620)—Organist.

IT ISN’T A SECRET by E. S. GORRELL President, Stutz Motor Gar Cos. of America, Inc.

An Advertisement by the Stutz Motor Car Company of America, Inc., Indianapolis.

I&Merican/

THE INDIANAPOLIS TIMES

Day Programs WFBM (1200) Indianapolis Indianapolis Power and Light Company FRIDAY A. M. 7:3o—Records. 9:oo—Record program. 9:15—T0 be announced. 9:4s—Aunt Sammy. 10:00—Health talk. 10:03—Records. 10:15 to 12:00—Silent. P. M. 12:00—Farm program (CBS). I:oo—Society Reporter. I:ls—Record. I:3o—American School of the Air (CBS). 2:oo—Records. 2:ls—Jerry and Norm. 2:2s—Record program. 2:3o—Two Thirty Tunes. 3:00 to s:3o—Silent. WKBF (1400) Indianapolis (Indianapolis Broadcasting, Ine.) A M. rKIDAY 6:3o—Carl tabernacle family prayer 7:oo—Shurch Federation program. 7.3o—World news. © 22 —grkfast bazar. 5 —Household topics. 9 Crystal studio. a Hollywood news flashes. Bht P of the Air. J9:59 —jMUiae Spillman. Musical Chef. ??:™~2 essa ® yrd at the organ. }J'W— Harry Bason. 1 1 ; 15—Pre-luncheon music. t*. M. —livestock market reports. —Karm bureau speaker. 1 -00—Business news. I:ls—Sign off. WLW (700) Cincinnati A. M. raiDAT 5:30^— Time. fiddlers. 6.oo—Time. ® ; ol—Physical exercises. 6;3o=lT?me nt bureau program. 6:3l—Organ recital. BiU and Jane ,NBCK 7:ol—Morning devotions. 7:ls—Phil Cook (NBC). 7:3o—Talent bureau program. 7:4s—Physical exercises. 8:00—School of Cookery. §:15 —Talent Bureau urogram. B:3o—Beautiful thoughts (NBC). 9:oo—Livestock aeports. 9:lo —Announcement. 9:ls—Dance orchestra. 9:3o—Colonel Goodbodv (NBC). 10:00—Music appreciation hour (NBC). 11:00—Tuxedo entertainers. 11:15—Pat Barnes (NBC). 11:30—River reports. 11:40—Piano solos. 11:45—Market reports. 11:50—Livestock reports. 12 Noon—National Farm and Home period (NBC). P. M. 12:30—Time. 12:31—Henrv Busse’s dance orchestra. 1:00—Ohio School of the air. 2:oo—Pat Harrington, tenor. 2:ls—Mormon Tabernacle choir (NBC). 2:3o—Talent Bureau program. 3:oo—Dance orchestra. 3:3o—Organ matinee recital. 3:4s—The chatter.

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GUSTAV A. SCHNULL President Scbnull & Cos. R C. SHANEBERGER -ot Progress Laundry Cos. W. HATHAW’AY SIMMONS RALPH K. SMITH Vice President and Cashier CHARLES B. SOMMERS President Gibeon Company THEODORE STEMPFEL Vice President and Trust Officer ELMER W. STOUT President THOMAS D. TAGGART French Lick Springs Hotel Cos. J. H. TRIMBLE President Trimble Realty Corp. SCOTT C. WADLEY President, The Wadley Cos. GUY A. WTAINWRIGHT President, Diamond Chain and Manufacturing Cos. JOHN R. WELCH President Celtic Saving* 1 and Loan Association

ON THE SQUARE; WINS LENIENCY Rewards Father for Keeping Faith. Proving himself on the square with Criminal Judge Frank P. Baker brought leniency to Frank O’Neil, 27, of North Davidson street, charged with grand larceny. O’Neil told the judge Wednesday afternoon he wanted to play square for sake of his two children and wife. Because of these babies, Baker gave O’Neil an unusual chance. Without bond, he was allowed to go home and work on his farm until the case came to trial. Although knowing that he faced a three-to-ten year prison sentence, O’Neil reported weekly to Judge Baker, and came back to take his penalty. “You have proved worthy of trust,” siad the judge, “your sentence will be reduced to one year.” O’Neil was charged with Earl

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Hinkle, 20, a Shelbyville youth, with breaking into a coal office. When the court asked O’Neil if he would approve only a thirty-day sentence for his youthful partner, he replied: “I am willing to take the heavier sentence, judge.” The court, calling another case, reminded Hinkle: “You owe a lot to this man, who has proved that he can be trusted.” JUDGE MARTIN BETTER Supreme Court Justice Confined to Home With Pneumonia. Judge Clarence R. Martin of the supreme court was reported somewhat better today at his home, 2027 North Delaware street, where he is confined with pneumonia. The judge is one of several state officials who are ill. Lawrence F.

■ rnrr should go E.3 by 5™ HOUR Muiterole safe “counter-ir* M H ritant,” is often effective after m WBl first application and usually B MS draws out muscular soreness aMMaek and pain by sth hour.

Orr. chief examiner of the state board of accounts; Walter Owens, assistant chief examiner, and Al-

1932 Tours and Cruises ROUND-THE-WORLD To the traveler desirous of a round-the-world trip, this season's schedule offers a wide choice of cruises and sailing dates. From New York, routes are either westward through Panama Canal or eastward through the Mediterranean. Each cruise is routed to include the most interesting and important points from a sight-seeing standpoint. All are completely comprehensive in scope and afford the traveler ample opportunity to satisfy his travel desires. For complete details communicate with Richard A. Kurtz, Manager Travel Bureau The Leading Travel Bureau of Indianapolis 6UNION TRUST*. 120 E. Market St. RI ley 5341

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fred E. Hogston, state fire marshal, are among those confined to their homes.