Indianapolis Times, Volume 43, Number 277, Indianapolis, Marion County, 29 March 1932 — Page 1

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AUTO MAKERS STAKE BILLION ON TRADE GAIN First Showing of New Ford V-8 Will Be Starting Gun of Campaign. ON DISPLAY THURSDAY General Upturn in Business Is Manufacturers’ Hope in Gigantic Drive. BY LESLIE HARROF I nllcrt rre Staff Corrunondrnt DETROIT. March 29—Thursday, March 31, either will mark the definite start of the upturn in the long period of depression or dash hopes lor a revival this year, in the opinion of automotive leaders here today. It is on that day that the Ford Motor Company joins other automotive builders in offering to the public its bid for renewed business. Reception given the Ford product will weigh mightily in the final effect on the auto industry in general with a billion invested in its great business drive, and the resultant effect on steel and allied industries, in the opinion of best infoimed manufacturers here. The new Ford V-8, the first Ford to break from the four-cylinder class, will go on exhibition Thursday at dealers’ salesrooms in 200 cities in the United States and Canada, Edsel B. Ford announced today. Details Made Public Simultaneous with the announcement, the company made public the following details of the new car: The new Ford, capable of 75 miles an hour, will develop 65-horse power with the V-8. The new Ford four will develop 50-horse power and do 65 miles an houi. Outstanding features will include: Silent synchronized gear shift and silent gear, engine rubber mounted, down draft carburetor and carbuetor silencer, automatic spark control and a diaphragm type pump which drawls fuel from a rear tank. Fourteen Body Types These are self-adjusting Haudaille double-acting hydraulic shock absorbers, four-wheel brakes, electrically welded steel-spoke wheels, with large hubs and hub caps and large tires. ... , “Either may be had in fourteen different body types,” Ford's announcement said. “Except foi the engines, there is little difference between the two cars. Bodies and chassis are practically the same. “There will be. however, a difference in price. For while the V-8 will sell at low-priced field figures, the four will sell for still less.” Other Concerns in Field All other companies are in the field with advance designed cars, representing the release of improvements that in many cases were to have been distributed over the next five years. A slight upturn followed the auto shows at the first of the year, but an abrupt slump hit the industry immediately following Ford's first announcement of the new' car, early in February. Especially in the low-priced field has there been a stoppage of buying, as the public waited to see the new Ford before purchasing. Leaders are hopeful that this halted buying means only a desire to view all possible cars before purchase and that once the Ford actively is on sale, the buying public will make it decision. If their hopes prove true, the wheels of the motor industry will hum, production will be stepped up, and countless thousands of raw materials works in every part of the country will receive proportionate orders that will mark the break of the “buy little” cycle. Buys All Over Country The Ford Motor Company, for example. buys portions of its product from firms all over the country—a list of the Michigan firms alone fills typewritten pages, double column and half an inch thick. Given a normal reception, the Ford company expects to increase its pay roll here from 70,000 men now’ at. w'ork to pearly 100,000 and possibly even higher—the peak number is 120.000. General Motors is making a renewed drive for the favor of the public in a super-sales organization anonunced Sunday and combining the selling efforts as well as the manufacturing work of Buick, Olds and Pontiac in the medium priced field. Chrysler motors brings forth the new Plymouth—its bid for lowpriced business—on April 3 with radical improvements. Rockne division of Studebaker and Graham-Paige both announce definite and satisfactory progress being made in sales on new units. Conservative estimates place investment of motors companies in this year’s dramatic and gigantic bid for business at well over one billion dollars. Billion Is Invested On Sunday, Richard H. Grant, General Motors vice-president and noted as the highest paid sales executive in the world, stated that autos are being junked faster than new ones are being built; that the country rapidly is approaching the auto exhaustion point, where people either must buy or deprive themselves of cars—and expressed his opinion that never would the American public do without autos as a modern necessity. Henry Ford has announced he is prepared to stake his entire fortune —variously estimated, at times as high as five billion dollars—to revive public confidence and renew purchase of autos.

The Indianapolis Times Increasing cloudiness and warmer tonight, followed by showers Wednesday; colder Wednesday afternoon or night.

VOLUME 43—NUMBER 277

‘Bit Hand That Lodged Them,’ Three Get Terms A father and tw’o sons each were sentenced 180 days at the state penal farm and fined $1 and costs when they pleaded guilty today to petit larceny charges before Municipal Judge William H. Sheaffer. Those sentenced were Sam Sargent, 48; Melvin Sargent, 28, and Cliston Sargent, 18. The three had been given refuge in the basement of the Dixie hotel, East and Market streets, and rewarded the kindness by stealing bonds, clothing and old coins from a trunk belonging to George Batsolakis, a guest, and silverware from the hotel restaurant, it was charged. All loot except the clothing was recovered. The bonds, valued at $117.50 were burned. “We didn't know what they were,” the defendants told Detectives Emmett Englebright and George Hubbard.

HOOSIER TAXPAYERS LEAGUE IS FORMED

Abolition of State Boards Is Demanded by Tax Reform Group. Demanding abolition of the state highway. tax and educational boards, and other state boards and commissions, representatives of taxpayers groups in thirty-two counties met at the Claypool today to perfect organization of the Hoosier Taxpayers’ union. The group, presided over by John H. Aiken, Ft. Wayne, temporary chairman, indorsed the movement for a special legislature session, confined exclusively to tax revision. The organization pledged itself to an organization of farm, home and other property ow'ners working to reduce the present tax burden on real estate, emphasizing that no money be raised by new taxes except for relief of the property tax.

Resolutions Adopted Resolutions adopted at the morning meeting included: A heavy tax on malt extract and wort. Limiting maximum taxation of property to 1 per cent of its appraised valuation, with other taxes being established, if necessary, to meet the deficit. Insistence upon a corporation as well as an individual income tax, with reasonable exemption on income from property paying a property tax. Abolition of the state tax board, eliminating all taxes on real estate and personal property for support of the state. Heavy Bus Tax Heavy taxes on huge busses and trucks for hire. That all assessors carry out constitutional and legislative provi-; sions. resenting any contrary in-! structions by the state tax board. Elimination of numerous and expensive state boards and commissions. Elimination of extravagant ap(Tum to Page 14) TENNIS STAR INJURED Francis T. Hunter Sustains Fracture in Auto Accident. By United Press NEW ROCHELLE. N. Y„ March 29.—Francis T. Hunter, internationally known tennis player, sustained a fracture of the right leg today in an automobile accident here.

On the Air Paula Stone, charming daughter of Fred Stone, who opens tonight at English's in “Smiling Faces," will take to the air at 4:35 this afternoon. Walter D. Hickman of The Times will get a special interview from this young star over WKBF. She will be asked about her life on the stage with her father and she probably will go into song as well as story. Here is an unusual treat.

nfprm Read about “The Man Hunters” and their big moments of romance and adven* ture in Mabel McElliott f s neiv serial beginning f Wednesday in The

INDIANAPOLIS, TUESDAY, MARCH 29, 1932

Dye for Japan By United Press TOKIO, March 29.—War spirit among Japanese youth was illustrated by action of seven high school girls who used their ow’n blood to dye the blood-red sun on a Japanese flag, and the application of 6,000 young men to enter the national military academy. The girls made a flag eighteen inches square to be sent to Japanese soldiers at Shanghai. They obtained blood from their fingers. The flag was presented to the commander of the Third regiment, a popular unii because one of its officers is Prince Chichibu, eldest brother of the emperor.

BAN ON WATER SUITS DROPPED Nonlitigation Provision Is Omitted From Rate Order. Tire one-year non-litigation provision in the city's compromise settlement with the Indianapolis Water Company was eliminated today at conference between city officials and Harry K. Cuthbertson, public service commissioner. Elimination of the one-year proviso was suggested by Cuthbertson and paves the way for further action in the compromise settlement. Cuthbertson is preparing the order. which he will have ready this afternoon. In it he will declare that the new rate order shall stand “until further order of the public service commission.” The group of officials also discussed plans for the pending hearing of the Indianapolis Power and Light Company case. The light case is to be heard April 6. It was said a compromise may be affected in this case which might make another cent's difference in the tax rate. 'SHOWER S AN DC OLD ER, ’ IS WEATHER FORECAST Severe Temperature Drop Is Not Expected by U. S. Bureau. Showers and unsettled weather Wednesday afternoon or night, with lower temperatures, w r as forecast today by J. H. Armington, weather man. Severe conditions are not expected to accompany the mercury drop, however, Armington said. Brisk south winds will precede the temperature drop. Armington said temperatures gradually are rising in northwest Canada and the western plains and that prospects are for normal spring weather.

CASH BONUS AGAIN UNDER HOOVER FIRE Absolute Opposition to Much-Discussed Plan Voiced by President. PERIL TO U. S. CREDIT Passage of Veterans’ Bill Would Undo Economy Drive, He Says. By United Press WASHINGTON, March 29. President Herbert Hoover today expressed absolute opposition to the much discussed project for full payment of veterans’ adjusted compensation certificates, estimated to cost $2,000,000,000. “I do not believe any such legislation can become a law,’’ he declared at his noon press conference today. He said the bill would undermine present efforts to sustain the credit of the United States government. Apprehension in Country The text of the President's statement follows: “Informal polls of the house of representatives have created apprehension in the country that a further bonus bill of $2,000,000,000 or thereabouts for World war veterans will be passed. “I wish to state again that I am absolutely opposed to any such legislation. I made this position clear at the meeting of the American Legion in Detroit last Sept. 21, and the legion consistently has supported that position. I do not believe any such legislation can become law. “Such action would undo every effort that is being made to reduce government expenditures, and balance the budget. The first duty of every citizen of the United States is to build up and sustain the credit of the United States government. Such an action would irretrievably undermine it.” President Is Emphatic President Hoover, in delivering this terse statement, emphasized forcefully each of his brief sentences with vigorous shakes of his head. The proposed bonus legislation has been discussed widely but informally among members of congress, but the agitation has not yet come actually to the floor of either house. Mr. Hoover’s action in thus voicing unqualified opposition to this legislation before it had advanced to the floor of either house was regarded as an attempt to discourage members of the house and senate from joining the agitation to bring the measure up for consideration. See Change for Passage The chief proposal is that of Representative Patman (Dem., Texj, for immediate full cash payment of the veterans adjusted compensation certificates. Patman’s proposal is that the estimated cost of about $2,000,000,000 could be met by simply issuing additional paper money to be paid out in redemption of the certificates. Regardless of whether the committee favored such legislation, Patman believes he can force the measure out of committee by obtaining 145 signatures on a discharge petition, which automatically would bring the measure to a vote in the house. Although the American Legion officially has refused to indorse the proposal, a large number of individual posts have voted for it and the Veterans of Foreign Wars and some other service organizations are urging enactment. General opinion among leaders in congress is that the measure if brought to a vote on the eve of a campaign would pass.

'LEGGER GIVEN TERM Alky-Soaked Coat Sends Negro to Farm. An old coat soaked with alcohol sent George Young, Negro, 324 Douglass street, to the state penal farm for two months today. He was sentenced on a blind tiger conviction by Municipal Judge William H. Sheaffer. The coat was wrapped about a five-gallon can which Young threw from his automobile while eluding a police squad car in charge of Sergeant Wayne Bear. Later, he reported the car stolen and was arrested on charges of blind tiger, speeding and reckless driving. He was given the farm term on the first charge, with a fine of SIOO, which was suspended. For speeding he was fined sl, and the reckless driving charge was dismissed. KOS PLEA UPl'O LESLIE Clemency Believed Unlikely for World War Veteran. Denial of a plea for clemency for Max S. Kos, World war veteran who was convicted of involuntary manslaughter, appeared likely today following conference of Ollie Davis, American Legion official, with Governor Harry G. Leslie. Leslie said he would take the plea under advisement for the rest of the week. Hourly Temperatures 6 a. m 38 10 a. m 53 7 a. m 39 11 a. m 56 Ba. m 47 12 <noon>.. 60 9 a. m,.... 50

‘Balance Budget or Face Worst Panic in History House Warned by Gamer

NEW PROGRAM FOR REVENUE IS SUBMITTED Levies on Sales of Stocks and Autos Are Provided; Raise Postal Rates. By United Press WASHINGTON, March 29. —The house ways and means committee today submitted a budget balancing tax bill program which would raise $1,261,000,000, an amount larger than originally proposed in the stales tax program. It called for heavy taxes on the stock exchange and automobiles, and increased postal rates, as well as unprecedented “nuisance taxes” on luxuries. The plan centered on the following rates: Sale of stock 14 of 1 per cent, but not less than 4 cents a share, expected to bring $75,000,000: automobiles. 3 per cent, $57,000,000; letter postage to 3 cents, $135,000,000. Wide New Field of Taxing A w'ide field of new excise taxes was suggested making new levies cn costmetics, furs, jewelry, beverages, chewing gum and other articles. The new program was submitted as Speaker Garner took the floor of the house to demand co-ordina-tion among members of his party on a tax plan which will balance the budget. The taxes proposed by the ways and means committee follow, together with amounts expected to be raised by each item include: Raise Surtax Brackets Income tax, new surtax brackets at $6,000 instead of SIO,OOO, $7,000,000. Reduced corporation exemption to SI,OOO, $6,000,000. Administrative changes, repeal of net losses, $20,000,000. Admissions over 45 cents, 1 cent for each 10 cents, or fraction, $40,000.000. Excise taxes, cosmetics 10 per cent, $25,000,000. Furs, 10 per cent, $20,000,000. Sporting goods and cameras, 10 per cent, $4,000,000. Beverages, 1921 rate, $11,000,000. Matres, four cents per 1,000, sll,000.000. Chewing gum, 5 per cent, $2,000,000. Radio phonographs, 5 per cent, $11,000,000. JUST STUBBORN, MAYBE Buyer Charges Mule Can Not Bear Weight on One Foot. Moses Crouch, R. R. 1, Box 393, caused the arrest of a man today due to his dissatisfaction over a mathematical mule—one that puts down the. three and carries the one. Crouch 1 , who accuses Charles Stevens, 2650 Madison avenue, of false pretense, says he paid Stevens S6O for the mule, but the animal can not bear its weight on the front forefoot. The purchaser alleged Stevens represented the animal as physically capable.

Glutton Poverty has made no inroads in the fare of one habitue of the city soup kitchen, W. H. Marsh, manager, decided today. And because of his tremendous appetite, this “patron,” identifed only as “Eight Bowls,” henceforth will be on a diet, Marsh said. “Eight Bowls” has been a patron of the kitchen for two years. So large has been his fare, that Marsh Saturday “checked” him on one meal. Marsh declares this was his “dinner”: Thirty buns. One and one-half gallons of vegetable soup. Five bowls of bean soup. One and one-half gallons of milk. Eight cups of coffee.

Hurry to Marry Again May Lose Her Divorce

Mrs Ellen Todd's haste to obtain a marriage license may cost her the loss of a divorce decree, it was revealed today. Tuesday morning. Mrs. Todd, who lives at 820 East Twentyseventh street, obtained a divorce in a decree issued by Superior Judge Clarence E. Weir. The decree was granted on her allegation that her husband, Ora, is serving a ten-year prison sentence for robbery. While the divorce hearing was under way, Mrs. Todd urged her attorneys to “hurry” the case. “I have to go to a hospital to take a treatment," she said.

Entered as Seeoml-CJass Matter a. PostofTice. Indianapolis. Ind.

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Speaker John N. Garner

$175,000 LOOT IN BANK RAID Bandits Hold 28 Workers at Bay, Rifle Vault. By United Press MINNEAPOLIS. March 29.-Ma-chine gun robbers raided the North American branch of the Northwestern National bank today and escaped with loot estimated at $175,000. The bandits completed the robbery in a few minutes and fled through the rear door. All of them either carried sawedoff shotguns or submachine guns. Twenty-eight employes were forced to line up against the wall while the bandits looted all places where currency and securities were kept. A prehminary report of the holdup to the main office that approximately $50,000 of the loot was currency. Police estimated there were approximately ten members of the bandit gang. Besides the seven who entered the bank, passers-by said three bandits remained in two automobiles. The major portion of the loot consisted of bonds and stocks held for individuals by the bank in safe keeping. $175,000 IN TAXES IS SOUGHT FROM UTILITY .Perry Township Charges Full Valuation Not Stated. Suit seeking collection of $175,000 in taxes was filed today by Perry township against the Insull-con-trolled Public Service Company of Indiana, in superior court two. The state board of tax commissioners is a party defendant. It is alleged by the township that during the years between 1926 and 1931, full valuation of the company’s property in the township, including a substation and power lines, was not stated for taxation. The state board, it is alleged, reduced an assessment of $2,000,000 to $1,500,000. and for that reason is made a defendant. Part of the current distributed in this city by the Indianapolis Power and Light Company is obtained from the defendant company. PREDICTS CAL IN 1936 Harvard Professor Sees Him as Likely President Timber. By United Press CAMBRIDGE. Mass., March 29. —Arthur N. Holcombe, Harvard professor of government, writing in the Harvard Crimson, today declared that Calvin Coolidge was “an excellent (presidential) prospect for 1936, whether Hoover wins or loses this year.’'

Fifteen minutes after the divorce was granted, Mrs. Todd appeared at the courthouse marriage license bureau and applied for license to marry Edward W. Miller, 25. of 1410 South New Jersey street. She appealed to the marriage license clerk to "hurry.” repeating that she must go to a hospital. The clerk, meanwhile, investigated her case and discovered Weir had not yet signed the divorce decree. Weir today had the case under advisement, and indicated the decree may be dwJed.

CHEER APPEAL OF TEXAN FOR HARMONY IN EFFORT TO PUT THROUGH TAX BILL Points to Falling Stock Market, Lack of Confidence in Dollar Abroad as Peril to U. S. Financial Structure. BY PAUL R. MALLON United Press Staff Corresnondent WASHINGTON, March 29. —Speaker John Garner brought the house to its feet, cheering, in a dramatic personal appeal today for a balanced budget. The stirring scene came after his lieutenants had made public their substitute program for the defeated sales tax. Garner spoke frankly to a crowded chamber, warning it that unless the budget is balanced the financial structure of the country may be undermined “by one of the worst panics in its history.” Driving home this argument, he pointed to the falling New York stock market, and to lack of confidence in the dollar abroad. The house appeared to be whole-heartedly with him, although at that time it did not know the rates agreed upon. When he paused to call every one who supported him to signify by arising, only two or three of the 350 present remained in their seats. Signs of harmony continued when Representative La Guardia (Rep., N. Y.) publicly announced his approval of the new Democratic plan. He said he was in favor of every item submitted. “When I was elected Speaker it was my purpose to preside over the house impartially and fairly,” Garner began the first formal speech he has made in the house since becoming Speaker. He explained it had been his intention not to take the floor at all this session-, but that he had resorted to this unusual practice because of his long experience with tax matters as a member of the ways and means committee.

Garner explained that he had prepared a speech on taxes before this session began, even before the administration had decided for a tax increase, in which he had urged the balancing of the budget. “In October," Garner added, “the President requested members to come to Washington to discuss certain matters. I returned home and for the first time in my life began to prepare a well thought out •<- dress. It stressed the duty of sustaining government credit.” “I was willing,” he said, “to sacrifice whatever political future I might have to urge the duty of congress to balance the budget. ‘This speech never was made.” “It was suggested by some of my colleagues that the Democrats of house and senate should get together to adopt a policy of balancing the budget,” he said, explaining the formation of the so-called policy committee. This committee, he added, went unanimously on record for balancing the budget. “I believe it then—and I believe it now—that the house must adopt an increase of taxes that would maintain the credit of the United States in the eyes of the world.”

New Row Follows Peace Plea

By United Press WASHINGTON. March 29. Within half an hour after all the house leaders had pledged peace in consideration of the tax bill, the most bitter personal row' of the session ensued. It started when Representative Charles H. Martin (Dem.), of Portland, Ore., accused Representative

SHIVELY SEEKS TOGA Marion Man Out for Senate on Democratic Ticket. By Vnited Pres MARION. Ind., March 29.—Bernard B. Shively, former state senator, today was a candidate for the Democratic nomination for United States senator from Indiana. In a brief announcement issued here, Shively said he believed taxation and regulation of utilities are the greatest problems confronting the nation. Shively is co-author of the Indiana Spencer-Shively act, which created the public service commission. GMIL ARGUMENTS SET Bondsman Seeks High Court With August Judges. Arguments on a petition for a temporary writ of prohibition against Municipal Judge William H. Sheaffer and Clifton R. Cameron in the fight of Emil Gmil, bondsman, to lift a ban against providing bonds for city prisoners, were to be heard this afternoon by the state supreme court. p,

HOME EDITION PRICE TWO CENTS Outside Marlon County, 3 Cent*

There was an unanimity among Republican and Democratic leaders to write an “American bill, a nonpartisan bill,” Garner told the. house. The Speaker defended his support of the sales tax, recently eliminated from the bill. Garner said he had been opposed to a sales tax always. “I am now opposed to a sales tax,” he continued, “but, gentleman, now. in order to restore confidence of this country, I would levy the worst kind of taxes. “I appeal to you, gentlemen, not only in the name of my party, but in the name of my country, that it is your paramount duty to raise sufficient taxes to main the credit of the country." Garner's voise rose in an emotional appeal that drew loud applause from the house. The speaker referred to the fall Monday in the dollar and to the fall in the stock market. Foreigners, he said, had put their credits here because it w r as the safest place in the world. They now will withdraw their funds, he argued, unless the budget is balanced and confidence restored. “If this congress refuses to levy a tax bill that will balance the budget, within sixty days no bank would be able to meet its depositors,” Garner said.

La Guardia (Rep., N. Y.), of being a Socialist and La Guardia replied in heat charging Martin with taking two salaries from the government. Within an hour and a half after Garner started to speak, the house took up the first amendment in the new program. It contained the 10 per cent tax on cosmetics. Mrs. Kahn. (Rep., Cal.), announced the “women of the country” would not oppose it. After some debate and a row between the two representatives, the amendment was adopted without objection. jewelry amendment carrying ™ Per cent . expected to raise sls - 000,000, was adopted with, ut objection a few moments later.

Room Rented MICHIGAN. W.. 6: ADt. 34—Nicely furn. rm. downtown. LI. 9211 Y On March 14th there was a vacant room at 6 West Michigan street. Its owner placed an ad in The Times Rooms For Rent column and on March 17 the room was occupied. To rent your spare room, list it in The Times Rooms for Rent column. Your ad in The Times will reach more than 250,000 readers dally, yet It costs less than in any other Indianapolis paper. Times Rooms for Rent Ads for Resalts. Phone RI. 5551