Indianapolis Times, Volume 43, Number 241, Indianapolis, Marion County, 16 February 1932 — Page 3

FEB. 16, 1932.

HOOVER'S CREDIT BILL IS SHOVED THROUGHHOUSE Wartime Speed Is Shown in Passage; Senate Votes on Wednesday. BY THOMAS L. STOKES United Press Staff Correspondent WASHINGTON, Feb. 10.—President Hoover's new federal reserve credit and currency measure was half way through its congressional journey today, only five days after its initiation at a White House conlerence. Carrying the almost unanimous ndorsement oi the house, which passed it late Monday after only three hours consideration by a vote of 350 to 15, the Steagall-Glass bill moved today to the senate, where it is scheduled to be taken up Wednesday. Fairly prompt action is expected there, with prospects the bill will be in President Hoover's hands >y the end of the week or earlier. Not even in war days has contress seen such quick action as Monday. Speaker John Nance Garner jammed the bill through under the most drastic procedure at his command after three hours of debate. No amendments were permitted, and the bill stood today as it came from the house banking ind currency committee. Some Protest Raised A few voices were raised against the "take it or leave it’ orders of the Democratic leadership, but they were drowned in the chorus of "ayes” which greeted the ineasure when the roll was called. Only four members admitted they had read the record of the hearings during which the bill was explained, but the majority were sc convinced of the necessity of the legislation that they rose to its support en masse. No such unusual procedure is possible under liberal senate rules. There is a controversy there, too, between the bill’s sponsor, Senator Glass (Dem., Va.), and Senator Walcott (Rep., Conn.), regarded as President Hoover’s representative on financial legislation. Glass and Walcott thought today they would be able to work out their differences, however, without the necessity of a floor fight. Differ on Amendments They differ over two amendments nserted by Glass, one of which could limit loans to individual banks to those with capitalization of $500,000 and less, and the other providing that loans to groups of five or more banks would be permitted only where the banks have no assets eligible to rediscount. Bankers have objected strenuously to both amendments. The house bill contained no such restrictions. It provides for extension of loans by federal reserve banks to groups of five or more banks on their promissory notes and for substitution of government bonds for commercial paper as the basis of currency issues by the federal reserve banks. This, it is estimated, will free $750,000,000 of impounded gold. This currency provision was attacked in the house as constituting "inflation,” which no one sought to deny. METHODISTS SPURRED TO BATTLE ON WETS Ministerial Association Urges New Prohibition Campaign. Methodist ministers are urged by the Methodist Ministers’ Association of Indianapolis to begin a campaign in behalf of prohibition. A resolution adopted by the association Monday asserted that, by persistent propaganda through the press, radio and moving pictures, and by “falsehood by word cf nouth,” anti-prohibitionists are trying to break down the morale of the emperance forces. Ministers were urged to attend the Indiana Anti-Saloon League state convention April 18 and 19. CLEVELAND GOES TO POLLSJN MAYOR RACE Bitter Campaign at Climax; First of Kind in Decade. CLEVELAND, Feb. 16.—A bitter political campaign reached a climax today as Cleveland voters turned out to vote for a mayor, the city’s first in a decade. More than 200,000 votes were expected to be polled by County Prosecutor Ray T. Miller, Democratic candidate, and former City Manager Daniel E. Morgan, Republican, who conducted a bitter campaign drawn sharply around partisan issues. The special election was necessary 7 when voters discarded the city manager plan of government last November and decided to return to the mayor-council system. RECEIVER SUIT FILED Petition Is Entered Against National Five and Ten Cent Stores. •'// United Press SHELBYVJLLE, Ind., Feb. 16.—A etition for a receiver for the Naional Five and Ten Cent Stores Company was on file in circuit ourt here today. The suit was wrought by the Farmers National ank and Russell D. Stevens, viceresident of the company. The bank, the petition said, hold: 110 shares of stock as collateral or Stevens' debts. The petition j alleged that the company is in definite danger of insolvency.” In j 1930, it said, losses were $13,000, and I in 1931, $12,000. Stores are operated by the company in Auburn, Wabash, Huntington, Decatur and Shelbyville.

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Co-eds Vie for Follies Roles

The ‘ah-h-h's ’ have it at Butler university this month. And the "ah-h-’s” are co-eds of the university trying out for vocal parts in the fifth annual Fairview Follies May 6 and 7 at Caleb Mills hall. Upper Right Photo—Four "high-kickers” practicing. Left to right, Rose Mary Ford, Peg Lewis, Kathryn Fitchey, Maxine Jones. '

Upper left—The "do-re-me” of being a follies girl as posed by Miss Marie Collins, 3949 North Capitol avenue. Lower—Registering a smile without benefit of footlights. Left to right, Mable Espey, Francis McGaw, Dorothy Bruce and Aleen Alexander.

Upper left—The "do-re-me” '• • t. I fir! a- posed . i L ; ''K - '"•''4 tv. M Mar.e CG..:..- 3549 No.-lli Ca; Do! avenue. twStdi'Muß&Ef Alexander. MMaMßmll'lij il'ui

BOMB PLOT FOILED Explosive Removed From St. Peter’s at Rome. By United Press VATICAN CITY, Feb. 16.—A bomb found at St. Peter’s bosilica and exploded without damage, was regarded today as a protest against conciliation of the church and Fascist state rather than an attempt to injure Pope Pius XI, or any one else. The bomb was not loaded with high explosive and was put in a fountain to soak. Reports that the bomb had been discovered after receipt of a cabled ‘‘tip’’ from America were denied at the Vatican. The heavy package containing the explosive was discovered Saturday during nightly inspection of St. Peter’s by sextons and papal gendarmes.

PARK BOARD GETS $30,531 FROM CITY

Continuation of Boulevard Work Is Assured by Appropriation. Continuance this year of work on Pleasant Run boulevard, from Washington street to Prospect street, was assured today by city council action in reappropriating $30,531 to the park board. The sum represented the unexpended balance qf an appropriation last year. At the close of the year, the unexpended portion reverted to the general fund. Much progress, with little expense, has been made in construction of the boulevard by use of Chamber of Commerce "madework” labor,” officials said. Two ordinances amending the city building code affecting furnace installations and smokestack construction, one providing for an SBO,OOO bond issue to pay damages awarded by courts on thoroughfare assessments, and several small transfer ordinances, were passed. Other ordinances adopted provided for appropriating $2,500 from the general fund balance to municipal airport funds, authorized sale of several acres of ground now occupied by Belt railroad tracks, and changed nante of East Michigan street to Michigan Place from Dorman street to Highland avenue. The stieet name change was made in anticipation of eliminating

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Grand Larceny By United Press PORTLAND, Ore., Feb. 16. Someone tried to steal Egbert, Portland’s varnished whale, Monday night. Egber Monday put behind him the city in which he found that fame is just a harpoon in the neck. He hit the sawdust trail with Ed Lessard, his slayer, who won the carcass only after months of litigation in two courts. He was on exhibition at Vancouver, Wash. Vandals "jimmied” a door and were preparing to haul away the mammal, when they were frightened off. Egbert came to Portland by fin power, via the Columbia river and Oregon slough, and before his untimely death entertained thousands by cavorting within the city limits for a week.

a jog at Michigan street and Highland avenue. Ordinances introduced included one providing for a SIOO,OOO bond issue for track elevation work, and transfer of $40,000 from the gasoline tax fund to street maintenance and repair funds. SON HELD FOR KILLING By United Press SHOALS, Ind., Feb. 16.—Investigation of the murder of John A. Jones, 60, may lead to charges being placed against his son, August Jones, 30, authorities said today. The victim was found dying of a bullet w’ound on a roadside near here. When arrested, the son said he had shot his father after being struck on the head during a quarrel, authorities asserted. The two had been bitter since the father obtained a divorce some time ago, it was said.

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THE INDIANAPOLIS TIMES

‘MA’ IN RACE AGAIN Texas Governorship Sought by Mrs. Ferguson. By United Press DALLAS, Tex., Feb. 16.—Mrs. Miriam A. (Ma) Ferguson, who canned fruit in the gubernatorial mansion while administering affairs of state, again has announced her candidacy for the Texas governorship, the Dallas News said today. Mrs. Ferguson, whose administration from 1925 until 1927 drew criticism for her wholesale pardoning of convicts, is making the race for the fourth time* Mrs. Ferguson won the office in 1924 on a platform of “vindication for her husband, former Governor E. Ferguson, who had been ousted a decade before. He sat at a desk in his wife’s office all the time she was Governor. WATSON PLEDGES~AID FOR HOME LOAN BILL Senator Assures Builders Here He Will Urge Prompt Passage* In answer to telegraphic queries, Senator James E. Watson has given assurances that he will attempt to have the home loan bank bill passed promptly, it was announced today. J. Harry Miles, president of the Indianapolis Home Builders’ Association notified Watson that his organization favors the bill. Representatives of local real estate firms and building and loan companies are in Washington working in behalf of the measure. ONE DELIVERY MONDAY Mail Service Will Be Curtailed on Washington’s Birthday. Only one mail delivery will be made in residential districts next Monday, Washington’s Birthday anniversary, it was announced today by Postmaster Leslie D. Clancy. Two deliveries will be made In the business district, but no deliveries will be made in rural sections. "Only such employes as are necessary to maintain the service will be on duty,” said Clancy.

COURT REJECTS INSULL'S RATE MAKING PLAN Federal Bench Decision of Three Judges Upholds Ban by State. Indiana public service commissioners today proceeded with consideration of rate cases on the municipal unit plan, safe in the knowledge that its decision has complete approval of federal court. For the Martinsville electric rate case, where the Insull interests fought for their power loop of ratemaking against the city unit decision of the commission, was decided in favor of the commission. Decision was made by a threejudge court Monday and a lengthy opinion, dissolving the Insull-pro-cured temporary injunction, was handed down by Judge Robert C. Baltzell. Other federal judges concurring were Thomas W. Slick, South Bend, and Will Sparks of the United States circuit court of appeals of Chicago. Dissolution of the injunction was recommended to the court by Albert S. Ward, who heard the case as master in chancery. Savings of $25,000 annually to electric patrons at Martinsville will accrue from the commission order passed Jan. 26, 1929, it is estimated. In appealing from the decision, the Wabash Valley Electric Company had to post bond to cover the period of litigation and repay the difference should the commission rates be made effective, as they now are by court order. The court found the new lower rates, decided upon by the commission, still will yield a return of 7 per cent on the Martinsville properties. Commissioner Frank T. Singleton, whose home is at Martinsville, wrote the commission order. Similar points are involved in a Bloomington rate case, now pending in federal court. The court opinion pointed out that to require a complete audit and appraisal of the entire power loop would make the cost of a rate case prohibitive to a municipality. Proof of the expense of the power loop plan is cited in the fact that the utility wanted to amortize $60,000 for the present rate case, as against $4,000 allowed by the commisison. The court upheld Ward’s finding that the value of the local plant at Martinsville is $102,947 and that the value of all of the other property of the company, which is used and useful in supplying electricity to the city is $101,191, making a total value of $204,138.

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Incensed Wife By United Press DETROIT, Feb. 16.—When Edgar C. Neal became a police censor he automatically became a bad husband, his wife, Mrs. Cleil V. Neal, charged in her answer to his divorce suit. His job spoiled him, the wife said in the cross bill, leading him to associate with chorus girls.

Government Club in Reception The Indiana Good Government Club, an outgrowth of the county Republican organization, will hold a reception at 8 Friday night at state headquarters, 401 City Trust building.

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SHERIFF DEALT RLOWAT TRIAL Gave Auto License Plates to • Bandits, Says Witness. By United Press PORTLAND, Ind., Feb. 16. License plates found on the auto of bandits who robbed the First State bank of Dunkirk last Dec. 24 today had a significant role in the trial of Ira Barton, who was sheriff of Blackford county when the robbery occurred. Barton, being tried on charges of assisting the bank bandits was

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alleged by the state to have obtained the plates after they were confiscated, giving them to the bandits. Guy Sears, lieutenant of state police, testified that he confiscated license plates No. 355-025 from Leroy Gilland early last year. On a statement from Barton that the plates were owned by Glllanda mother, the plates were given to him to return to Mrs. Gilland, the evidence showed. Numbers on the bandits’ plates, which were mutilated were - - 5-025. John Siler, one of three bandits captured and sentenced after robbery of the Mt. Summit bank, testified that he . heard Mrs. Hazel Green, Muncie, now under arrest on bank robbery charges, discussing the possible robbery of the Dunkirk bank with Barton.