Indianapolis Times, Volume 43, Number 256, Indianapolis, Marion County, 4 March 1932 — Page 12

PAGE 12

SURVEY GIVES NEW HOPE OF BUSINESS GAIN Ford Leads Way in Revival; Bank and Trade Failures Drop. Rarmond Clapper. manager of the t'nited Pres* Washington bureau. lust has completed a awing around the circle of treat eastern Industrial cities. studT. Inr business condition. A composite picture of what he learned fellows. BY RAYMOND CLAPPER United Press Staff Correspondent WASHINGTON. March 4.—Fresh hope for improvement in business is rising cautiously as the third winter of depression makes ready for its welcome departure. In visits to a number of eastern Industrial centers, theJJnited Press correspondent found business leaders almost invariably reporting better sentiment and renewed hope. But the next question almost always brought the reply that there was little tangible increase in business activity. Officials here also are a shade more optimistic. Hoarding appears to have continued its decline throughout the last week. In the last month $48,000,000 apparently has come out of hiding. Bank Closings Fewer No gold was drawn out by foreign countries last week. Bank closures nnd business failures are fewer. Bond prices have continued a moderate rise over a second month. Commodity prices are firmer. In Detroit, the new Ford models fire putting men to work and providing millions of dollars in orders for accessory and parts manufacturers, unconfirmed reports that another big manufacturer Js ready to come out with a popular priced eight-cylinder car the moment Ford’s new prices are known have whetted hopes there. Toledo plants are getting a number of orders for Ford parts. Numerous bank closings have left the city in a difficult position. One department store head said the country Deeded some inflation. An official of one large concern in Rochester, N. Y., said his production schedules were based on material improvement in the late summer. He said he personally expected it to start sooner. “The rise in the bond market is the most significant indicator,” he said. “Bonds usually go up first, then stocks, and finally commodities Ewing in.” Interest in Hoarding Drive Business men showed less interest and familiarity with the reconstruction finance corporation than might have been expected. Little tangible evidence of it was discovered in the cities visited. The anti-hoarding campaign, however, was talked of everywhere. Some committees are working quietly in “buy now” talk. They are not, particularly interested in trying sell the new government “baby bond" certificates. They want the hoarders to spend their cash in the stores. Wages have been cut quite generally. Apparently the reductions have been for the most part accepted fatalistically by those who, seeing many of their neighbors with no jobs at all, felt lucky to be working at any price. Everywhere there Is a surprisingly cheerful spirit and a feeling that times are thoroughly bad, but that everything soon is going to be all right.

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BELIEVE FT or NOT

r-% - 0^ ■Vy •.- Y^T A mjCrE ROCK WAS BLOWN "•y Z.assen During the eruption jT 1 OF 13/5. “/f tenmned hot-for 3 weeks \ /gjj* A one-armed Paper pL MdWboro.m WHO MASMADTHE Hives J -IVkHrwrW ml*'" R,C . . d.t

CHALLENGE FLUNG AT DRY CHARGES

Collier’s Asks Robins to Prove Wets Have ‘Bought’ News Writers. By Scripps-Haward Newspaper Alliance NEW YORK, March 4.—William L. Chenery, editor of Collier’s, was asked today whether any answer had been received from Raymond Robins to the challenge set forth in a recent Collier s editorial. “We haven’t heard from him,” said Chenery. The Collier’s editorial said: “ ‘The liquor interests for the last six or seven years have pui> chased news writers, who have poured veiled poison into their stories.’ “Raymond Robins, one-time chairman of Theodore Roosevelt’s Bull Moose convention, said that at a recent dry meeting. Mr. Robins is not a blatherskite, and yet it would be hard to recall a cheaper or a more foolish remark. “If Mr. Robins has any definite

On request, sent with stamped, addressed envelope, Mr. Ripley will furnish proof of anything depicted by him.

knowledge of the purchase by liquor interests of any writers for the Asperican press, he is in possession of facts which he should make public. What liquor interests was he talking about? What news writers? “What papers have published stories colored by liquor propaganda? If Raymond Robins, or any one else, can answer any of these questions, it is his duty to do so. If the springs of public information are being polluted at their source, the nation should know it. “If, however, Mr. Robins- has no facts in this matter, if in truth he has stooped to the ancient political trick of impugning the integrity of those whose opinions differ from his, he should admit his folly.” Twenty-Day Beer Strike Ends By United Press HAMBURG, March 4.—Most of Hamburg's beer dispensers were doing business again today after a twenty-day “beer strike” against new beer taxes. Strike pickets ignited cannon crackers in two saloons which resumed business.

THE INDIANAPOLIS TIMES

14! V KetWeml ti. a. I 1 1 Paint Office RIPLEY

All items in Thursday’s “Believe It or Not” were self-explanatory. Tomorrow: A Fish That Prayed. 211 Requisitions Honored HARRISBURG, Pa., March 4. The commonwealth of Pennsylvania honored 211 requisitior s from other states for the return of fugitives from justice during 1931. The state, in turn, sought return of 276 persons from other states.

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U. S. INDICTS ANDERSON AND MUNCIE MEN ■i ■ ■ Secret Bills Returned by Jury; ‘Highups’ Reported Involved. High officials and bootleggers in Anderson and Muncie anxiously are awaiting information as to identity j of those named in two secret ini dictments charging major liquor conspiracies, returned early today by the federal grand jury. For more than three weeks the grand jury has listened to testimony of hundreds of witnesses and the true bills handed to Judge Robert C. Baltzell named twenty-eight persons in Anderson and thirteen in Muncie. Fifty-eight overt acts are listed. Eleven of those named in the alleged Anderson conspiracy either are in jail or at liberty on bond, while two of the Muncie group now are under arrest. Resources of the United States marshal's office are being strained in an effort to make the arrests before the week-end. Brothers Called “Keys” Key figures in the Anderson conspiracy are said to be Bert and John Stinson, charged with operating a group of barbecue stands in Madison county in which liquor was sold, and John Bronnenberg, on whose farm was found the largest still operated in Indiana. The Muncie conspiracy is said to revolve about the liquor activities of Corbett Johnson and Fred Kubeck, charged with transporting and selling booze. Both conspiracies are said to involve political activities during the 1929 and 1930 campaigns, and the trial is expected to reveal Indianapolis ramifications. A load of beer halted in Marion, alleged to have been en route to Anderson in a truck said to have been operated by Russell Riggsby and an unnamed man, was one of the touchoffs in the Anderson investigation and revealed, it is charged, official connections. Clash With Dry Agent Interference with operations of Joseph H. Denny, special prohibition investigator, by Muncie officials focused grand jury attention upon that city and caused ex-policemen and detectives to be called here for questioning, it was reported. Operators of well-known Madison county roadhouses are named in the true bills. Among these are Earl Hoel, who ran the Black Bear at Markleville,

Smile Wins

By Times Special HOLLYWOOD,

March 4—Carmelita Geraghty, film actress, smiled her way out of an SBSO damage suit in court here as the result of an auto accident. Mrs. Geraghty met Leon Cunningham,the plaintiff, in court, shook hands with him and smiled. “I want the case dismissed, your honor,” said Cunningham. It was.

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Carmelita

where, it is charged, liquor was sold. Those in the Anderson conspiracy whose identity has been divulged are: Bronnenberg, upon whose farm the still was located; Robert Thrawley, one of the alleged operators; Edna Boyer, charged with sale and transportation of booze; Roscoe Hartman, sale and transportation; Hoel, sale; Joe Melcher Jr., alleged to be a ringleader who had a downtown place operated by Rox and Otto Whitehead; Riggsby .transporting beer, and the Stinsons, alleged ringleaders. Federal investigators declared downtown Anderson had been honeycombed by bootleg places, operated flagrantly, with no attempt at concealment. theltch (Scabies) Its sole cause is the tormenting itch-mite. EXSORA kills the itchmite almost instantly. Three days’ treatment ends it. Get complete EXSORA treatment at once Dependable Drug Stores. Advertisement.

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REFORMATORY TRUSTEE WANTS TO KEEP POST Homer York Advises Governor He Will Accept Reappointment. Homer York, Marion, trustee of the Indiana state reformatory, will accept reappointment when his term expires March 22, if Governor Harry G. Leslie desires his services. York gave this report to L. O. Chasey, the Governor’s secretary, on

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MARCH 4, 1933

visiting the statehouse Thursday. It is likely Leslie will reappoint him. 1 York is president of the Indiana Truck Company, which lately has entered into a distribution compact with the White trucking interests of . Cleveland, O. He has served four years as reformatory trustee and approved the Leslie ouster of A. F. Miies as superintendent. It is estimated that there are * 752,000 school teachers in the United States.