Indianapolis Times, Volume 43, Number 283, Indianapolis, Marion County, 5 April 1932 — Page 9

APRIL 5, 1932

CASH BONUS BATTLE LOOMS AS MOST BITTER OF YEAR; CHEAP MONEY TO BE CRY Issue Will Re Next Great Controversy in Congress After Tax Bill; Hearing Will Begin April 11. BY RAYMOND CLAPPER I'ntted Prea* Staff Correspondent WASHINGTON, April s.—Two powerful forces combine to £ive momentum to the new so-called soldier bonus proposal calling for immediate full cash redemption of veterans' adjusted compensation certificates with an issue of $2,000,000,000 additional currency. One is the immense pressure of the ex-soldier vote. The other is the cry for cheap money from the debtridden western areas which backed William J. Bryan and free silver and, earlier, the greenback movement. With these two forces impelling it, the new bonus will be the next great controversial question after the tax bill.

This legislation will come i up for hearing in the house j ways and means committee' on April 11, according to Acting Chairman Charles R. Crisp. He has given his committee a week’s rest to recover from the terrific punishment it stood during the tax fight. 'Th,, veterans’ compensation flght will be one of the most bitter of ♦he year. It may develop as the vehicle of a spectacular flght over the question of cheap money or inflation—which will rank with the greenback flght, and the free silver controversy. Hoover Will Veto Bill President Hoover, a few days ago, made clear he would veto the proposed bonus legislation if it came to him, on the ground that such a measure would undermine irietrievnbly" the credit of the country. All of the talk about balancing Ihp budget may have to be gone through with again. For this proposal to issue $2,000,000,000 of additional money is an expenditure not contemplated in the balancing of income and outgo, as worked out in the pending tax bill. Incidentally the sum involved amounts roughly to $2 a minu since the birth of Christ. The Importance which the service vote will plav in consideration of the veterans bill is much the same as in previous showdowns on the bonus. . Many legislators figure that each veteran controls one or more votes of his family, relatives and friends, making a block of possibly anywhere from sixteen million votes, it is a powerful factor in helping congressmen and senators to make up their minds. Difficulty in Paying Debts Rut. this time, there is added pressure growing out of the difficulties of those who are in debt, and are trying to pay off their obligations in wheat, cotton and other commodities that are worth half or less of what (hey were when the debts were incurred. The cotton farmer who mortgaged his farm a few years ago for say $2,000, borrowed the equivalent of ten bales of cotton. Now he must give up perhaps eighty bales of cotton to pay off that mortgage. It costs him just as much sweat and toil to raise a bale of cotton now as it did a few years ago. The wheat farmer's story is much the same. Likewise the wage-earner, who bought his home a few years ago. borrowed bv mortgage perhaps $5,000 to finance it that represented possibly 500 days’ work at $lO a day wage. Now he gets only $5 a day, so his home is costing him 1,000 days’ labor, just twice as much. Would Cheapen Money Now what has this to do with the bonus bill? Proponents of that, bill are arguing that if the government will throw $2,000,000,000 additional currency into circulation by paying off the veterans’ certificates, it will inflate the currency, cheapen it, so that prices will go up again and the rotton farmer can pay off his debts with the same number of bales that was represented by the loan when he received it. When the Glass-Steagall banking bill passed the house and the reconstruction finance corporation bill recently was passed bv congress, it quietly was whispered about that they constituted mild inflation and therefore would help relieve an overdeflated situation. Go Directly Into Trade Rome now argue that such inflation is not finding its way down to the ultimate consumer—that it is purely a big business proposition, that government money is being used by railroads and other corporation to pay taxes, interest, and to take up loans which bankers refused to hold any longer. Bankers, incidentally, find it considerably to their advantage to collect in expensive dollars those loans which were advanced in cheap dollars during the inflated period of lending with the 1929 collapse. Now the bonus advocates argue that the $2,000,000,000 they propose to distribute to veterans would go directly in cash into the hands of some 3.500,000 veterans and mostly would be turned immediately into trade channels.

5S|F r ' COMING f NEXT SUN. ONLY^ f BEN BERNIE 1 AND ALL HIS LADS k Tickets Now 75c J After Sat., April n. TONIGHT ■ JEAN GOLDKETTE’S I C ORCHESTRA 5 I Or. (•rntlrmrn .t.Se JjC

DINE and W DANCE H to Charley De Sautelle Orchestra KT,rr Mt* Except Monday From 9 I*. M. Until ? ? Y ANTIS - TOSTEE SHOPPE Meridian at 13rd Street

AMUSEMENTS If/Ji sci fTO Phone Rl. 727“ UMM&e NOW BERKELL PLAYERS In the Belasrn Theatre (N, V.) Comedy Hit “It’a a Wise Child” | MATINEE WED.. THLRS., hAT. | Night, flOc, 35c; Mats., 35e, 25e NEXT WEEK—"The Old Homestead” With Kara Burrlngton’s Rnhe Band

MOTION PICTURES iWifi f]7i jbflO 1 ADVANCI^ \WfSK !/M [ PRICET iTi /j FEATURtS Thrills! \ON THE . If^EiSi KKO-PaUje drams HELEN r Laf f s! TWELVETREES Eddie Bobt. Armstrong Tathe’s Comedy Roscoe Atet j I IFRI —“Th'i Is The Higiit" I Liiy Datrita, Chas. Buggies |

pifees Balcony 35c, Main Floor 50c UPOULO THE GIS ONES PLAY laat 3 Days Pfggy Shannon—Thfodorr Von Kit* Frl.—Warner Baxter In ’.Vmafrnr Daddy’

Marian Marsh I Norman Foster [ I I}l f 4 l W A

y^^LsENTAfioNS /i/lv vNEiajHBoaHOOO WfH gAaNthlfeg ß

NORTH SIDE C Noble at Mass. Family Nile Double Feature •’GIRLS ABOI’T TOWN” and "DEVIL ON DECK” SVSeSMISNPPB ttn M i afll Im*l *S and ■■MMMBMHMHS Celiese Family Nit*. Warner OUnd in ’’CHARLIE CHAN’S CHANCE” Comedy—Novelty. ■B|BH|S Talbot at nd ■ rlll*lfll Familv Nile ■UwMUaUXMfIUUi Miriam Hnnkin* | n "TWO KINDS OF WOMEN” WEST BIDE IjffffS t&4O W. St. S2JKakUßs9Lß Hrlrn Twelyelree* in “A WOMAN OF EXPERIENCE” BRSHHPBHSBBSIw Wab a Belmont Ifljll.'.ri]/IC Family nite ■ AmtAVklS Wallace Ford in “FREAKS”

AMUSEMENTS Turns B Oa the Stege—l :t5-S:4S-8:45-9:J5 ■ Victor McLAGLEN of "What Price Glory” tame with I CHARLES JUDELS IN PERSON And Other Fine Attraction* I On the Screen—A New lot Hit ELISSA LANDI and VICTOR JMcLAGLEN “DEVIL’S^LOTTERY"

ENGLISH H APL. 11-12-13 Mail Order* Now—Sent* April 7 Greatest Colored Show of All Time! , ... •,< Bin. Nntn. n, Rim* Rhythm Original N. Y. Cast Intnet F,VF.S., 50e to **.so. MAT. WED., 50c to *l.s*.

MOTION PICTURES 1| The Sensation of 1933! Acclaimed By All! I ANEW TARZAN LIVES/ TOPPING EVEN TRADER HOENinTHWUE 'APE MANS LIVING BV THE ONLY LAW HE. KNEW-,'/Wo*/ of the /Air *.i /unfit, he took uihat . P LOTTS pi fa Something New I H On the Screen! 1 "ARE YOU Ji listening?’ I Wm.HAINES 1 I MADGE EVANS 1 ANITA PAGE i . WALLACE FORD a 1 | J NEIL HAMILTON 1 ||| JEAN HEPSHOLT gHg f MAURICE ] I, CHEVALIER 1 “ in Paramount’s 1 WneNour with You l k LUBITSCH A PRODUCTION featuring AMS fk Genevieve I HiBMBjRv Tnbln T(™ jgj | Organ Solo Scrapbook

EAST SIDE e. iMh st MARIE DRESSLER in “EMMA” 3,55 F ,o,h st> BF.LA LUGOSI and SIDNEY FOX in "MI'RDERS IN Rl’E MORGUE” na k inth st ■■■iHmialJktUM Ronald Coleman in “UNHOLY' GARDEN" 1592 Roosevelt Are. liL*JiyA7/*II>I Family Nite .Tames Cagney in “TAXI" If Your Favorite Theatre la Not Listed TELL YOUR THEATRE MANAGER

THE INDIANAPOLIS TIMES

PJB Ircaf Jfif m jj|l I < <>i ponW i mWM i WMmMbMbm Wm WimA M&ifi I Men * R *y° n H <>se | 25c 1 CLIP THE COUPONS AND SAVE! SSs, Again we test the pulling power of the newspaper—Join the crowd and be here when the doors swing open at 8:30 A. M., for your share of these sensa- ! Fabrics | tional bargains. Read .each item carefully. Be sure to clip the coupons They cretonnes q mean a Big Savings to You. I voSes* I No Phone, Mail op C. O. D. Orders—Right Reserved to Limit Quantities f | | ONLY WITH I I SOLD ONLY WITH COUPON jBS JffiTSoM Thursday" OffiTwith Cnupo|l From 10 to 12 o’Clock Wednesday H All Day Wednesday and Thursday. 88 Bg LIIXOP FafiP Pnwriow S and Thursday ■ rfrADVTTVC §§ i ~ | 500 * * inrDYTnv H v*wx x l!dva is o* Cream grtsf || IOCMb&BVWX ■ Lucky Strikes 'gf | Regular 50e Value CC I OF LUX SOAP H Chesterfields 555 g? with coupon only I 4 Bars | Old Holds JE, J C Wlllll No Coupon Necessary | |P £ j 5 For 25c I Y j I sc Handke|,chieCs I household use with colored bor- _ om D -* if | Men’s or women's handkerchiefs, g P ders. deader—Main Floor. UUer oOU DYCUXu. fi €W splendid qualities. Sensationally HATS Vt*<x ' Vy>s 'aMnaaaaaanaßßKna wmmmmmmmmmmmmmmmmmmmmmmmmmmmm I P Mfill’S AlltO Brand sl*oo to s2*oo VALUES p B include the. new Sailors, , irnr Poke Shapes, Smart Tur- ■gggjr rr shapingbans, New Brim effects. nSm Wff WSA MB IPo^i Watteau and youthful ma- MM j&SMJam && K IP —i Iron Hats. Af ■ SOLD ONLY WITH COUPON^ % w® I j elly beans I Colors: Bl A | | I H S mg E| Navy. Sand. Light Blue. HI m ® A lencious whole- .. Brown, Tile, Black. W A, M Mm | 8 candy. All 15 4,0 ■ B Peanut Strawy, Indian SSfitl Bead. Lacy Straws. Rough Straws. Split Peanut. Hair VMsiMi&i&lr+L Cm inOH Braids, etc. ■■■HMMBHHHHmilllllill Mill IriNl Iff FEATHER, FLOWER AND We re all excited .. . because we know these are the most Sr SOLD ONLY WITH COUPON ! RIBBON TRIMMED. astonishing values ever offered at 66c. Only by purchasing Bj| _ . _ an enormous quantity are we able to offer them at this g vriltKlGd SpPGdOS Leader—Second Floor. sensationally low price. Shop early for best choice. 76x105. large doui ———.■ ——— ble bed size. Rose. SEE THESE BEAUTIFUL HATS DISPLAYED ON 1 a " <i blu ' i LIVE MODELS IN OUR SHOW WINDOW j \ j UUr V' ffljT SOLD only with coupon | ONLY wm COUPON ■ OM/TVITH i Sult 1 w ' All Day Wednesday and Thursday. ■ A U D av Wednesday and Thursday. 1 \ PW * pr fiu style* P&G or OCTAGON I Fresh Canned Goods igg | S3? aX" 1 y AITWnUV ca An I Corn, Hominy, Red Beans. Spag- dyed mM X 3UAP H hetti, Pork and Beans, Tomato PPu^uiulT MHGkfogtiaaMßH | J | Cans tor 1 | 1 s;^ u h es ' 2 ,or m 1"! sH *r?PPggß A liwuamA^off m sssaaflOcl 1 u.,m0,. I mmgmMcoi\pw£M29£m • § r W ..r... fy | I SOLD ONLY* WITH COUPON i ONLY*""wiTH~ COUPON | Wl jlfWwmmJ § Women’s D’ Orsays 1 Listed 1 Men’s Police Shoes p m I vi teed fast color S9 l?rS!"~ ” '" H'mT ][ 4 V2c j j l ”IXED PAINT |

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