Indianapolis Times, Volume 43, Number 304, Indianapolis, Marion County, 29 April 1932 — Page 12

PAGE 12

BONUS PLAN IS GIVEN HOUSE BY S. BEND MAN Pettingill Would Deliver Bonds to Veterans, Due in 1945. fi l '■ r, pn ,.Hrrnrrt \rirrpnprr WASHINGTON, April 29 -The house ways and means committee has uncr-s- consideration a substitute soldiers’ bonus proposal advanced by Represcn'ative Samuel B Pettengill, Democrat, of South Bend. Appearing before the rcmmlttee, Pe'tenuill suggested that it was possible to pay off the veterans' adjusted service certificates without running the risk of impairing confidence in the government s credit by issuance of ' printing pres* currency." Pettengill explained his substitute plan as follows: "1. At the option of the veteran. le; him turn in his adjusted service certifica'e. Would Deliver Bond*' "2. Less any amount due on loans previously made, ascertain its present value at a low rate of interest, sav 2 or 3 per cent. "3. For such present value, deliver to the veteran SSO <or possibly s2s> coupon bonds, all due in 1945, bearing 2or 3 per cent interest. I think there should be such an interest differential in ascertaining present value' and the rate on the bonds, so that there will be a pecuniary object in the veteran retaining his adjusted service certificate until 1945, as a paid-up annuity policy for himself when thirteen years older, or for the protection of his widow and children if he dies before then. '4 For any odd fraction of the amount of such present value, pay him in money (e. g.. present value, $717.50. Deliver bonds of face value of S7OO. 14 bonds at SSO par. or 28 bonds at $25 par and *17.50 cash.' Like 'Baby Bonds’ "5 Except for date, maturity, Interest rate, etc, these bonds to be practically indistinguishable from the so-called baby' Liberty bonds I with which the public became familiar during the World war. “6. To help maintain a market value close to par on the bonds, I I suggest this: The government already has set up a sinking fund to redeem the adjusted service rer-1 tificates in 1945, thirteen years from now. Let the government undertake to purchase in the open market. at face value, plus accrued Interest, bonds totaling one-thirteenth of the issue each year. I would go ! further ann purchase one-twelfth of such thirteenth every month. "While at first, at least, more bonds might be alforded that the government had undertaken to purchase, nevertheless the fact that it is knwon that the government is in the market at par would help materially to maintain face value, de- j spite the low interest rate." ARRANGE 4-H PROGRAM Four Addresses Scheduled for May 3-5 Roundup. By S t .1 gm tr r LAFAVETTE. Ind , April 29. Four addresses of particular interest to youth of the state, in which problems of school, home and farm life will be discussed in detail, will feature the fourteenth annual Boys’; and Girls' 4-H Club roundup at Purdue university. May 3-5. President Howard C Elliott of Purdue: Director J. H. Skinner, dean of the school of agriculture and director of the agricultural experiment station; Dean Mary L. Matthews of the school of home ec- j onomics, and Dr. Z. M. Smith, state I club leader, are scheduled for ad- j dresses before general sessions of the roundup, which will attract close to 1.500 club boys and girls from all sections of the state. MAP MISSION COURSE Education Institute to Be Given at Broadway M. F. Chureh. Course on China will be conducted by Mr*. W. F Rothenburger at a missionary education institute to be held at the Broadway M. E church, beginning Monday Tuesday ha- been designated women's day and Mrs. C. H Winders will preside at a luncheon for women. Indiana missions will be covered in a cours e for men and women to be given by Mrs. Dan B. Brummitt. ; Others on the program will be [ Dr. Walter Getty. Dr T H P. ! Bailer, Dr Bruce Kinnev, the Rev. 1 C. A Burch. Misses Ruth Heinmilier and Myrtle Huckleberry.

You, Too, Can Be Slender A •Under, beauti- EPK'IBB ful figure is every ;-J. •woman's right. Fat is BBljiU grace and charm. But now you need rot be fat. Slenderize the French Lick way. |H ' 3 | Thousands r.re using H tJ| this method to win jS back beauty, slimness j^a Take a little French j||’ water every morning. B y Hlf French Lick Salts ia B ItgSfflpj * blend of the same B / >BIP restorative salines ■ 1 f found in the spring || I B waters at famous MB ft French Lick Springs. Hfe-'* *'S Clears away body wastes, giving food selection and ettercise a chance t cut down unhealthy fat. French Lick Salts, in cool water, is sparkling, effervescing, pleasant as a fountain beverage. Even if not overweight, take French Lick Salts once a week as a systemic regulator. Tones the system; makes you feel like a new person; safeguards against colds, biliousness. headaches and other sickness. Today, at your druggist s, a generous bottle. 50c. —Advsrmieal. *

DR. F. E. TAYLOR IS CLAIMED BY DEATH

Rites Will Be Conducted Saturday for Pastor of First Baptist Church. Last rites for Dr. Frederick E. Taylor. 65, First Baptist church pastor more than a quarter century, who died suddenly Thursday at his home, 1935 North Meridian street, will be held Saturday; The body will lie in state at the church from 1 until 3. when services will be held. Ministers officiating will include Dr. Charles W. Gilkey. Chicago, and Dr. O R. McKay, First Baptist church associate pastor. Burial will be m Crown Hill cemetery. Dr Taylor’s death, attributed to cerebral hemorrhage, came unexpectedly. Apparently he was feeling ill Thursday morning. He became ill early in the afternoon at his study, after having, attended a church society meeting. Came Here in 190fi A physician was summoned by Mrs. Taylor. After attending him. the physician left, being recalled a short time later to find Dr. Taylor dying. Surviving are the widow, a sister, Miss Hattie Taylor, East Orange. N. J. .and two nephews living in New Jersey. Dr. Taylor preached his first sermon at the First Baptist church Sept. 9. 1906, while the church 'till was in process of construction. The church had a membership of about 600 then, membership now njmbering more than 2,000 He was the oldest Baptist minister in Indianapolis, and one of the oldest Protestant pastors here in years of service. Dr. Taylor was one of the leaders in formation of the Church Federation of Indianapolis. Native of New Jersey While president, of the Northern Baptist in 1922. Dr. Taylor made a good will tour to Czechoslovakia. Born in Newark. N. J.. Dr. Taylor began his career as secretary of the Dover iN. J.) Y. M. C A. In 1891 he became assistant to Dr. W. w. Boyd at the Peddie Memorial Baptist church, Newark, going with

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Dr. Frederick E. Taylor

Dr. Boyd to the St. Louis Second Baptist, church in 1895. He was graduated from Colgate divinity school in 1899, becoming pastor of the Williamsburg Baptist church, Brooklyn, four years later joining Dr. J. Wilbur Chapman, evangelist, for two years, before coming to Indianapolis. Dr. Taylor served as religious work director for the central military division, Y. M. C. A., during the World war. QUAKE FELT ON COAST Tremor in California Valley Region Lasts Eight Seconds. By Cm "and Prtt* ELCENTRO, Cla.. April 29.-An earthquake was felt in Imperial Valley regions at 8:55 a. m. <P. S. TANARUS.) today. No damage was reported. Elcentro. Calexico and Brawley reported the quake. It appeared to be north and south in movement and lasted about eight seconds.

THE INDIANAPOLIS TIMES

CHILDREN GIVEN HEALTH RIBBONS ARE ANNOUNCED Kindergarten Pupils, Second in Maintaining Standard, Receive Awards. Red ribbons were awarded at the Brooksitie community house today to children of Indianapolis kindergartens who placed second in maintaining a given health standard during the school term which closed this week. Children receiving awards and schools they attended are as follows: Brightwood—Betty Jzb Dune*. Broad Ripple—Robert Kurtz. Robert Kenneth Mann. Rrea Jean MeGoldnch. Elsie Lou Martin. Emily Maxwell. N*ncv Morrow, Nlstor Potcora and Roselyn Jean Stark. Brookside—Hubert Doughty. Chrlstamore—Darrell Jennings Clifton—Max Engledow. Martha Fairbum, David Havwood. James Pennington. John Riley Lee and Robert Lee Thraflkili D*v Nursery—Lino Maraldo, Dorothy Rankin and Wanda Roberts. English Avenue—George Keenan. Florence Mars. Elisabeth Parelev, Charles Rvker. Donald Stafford, Jack Taylor and Richard Whitaker . Fatrview—Donald Burson. Harriet Ann Coffman. Robert Simpson and Paul Van Voorhee*. Fall Creek—Marv Jane Cor, Stanley Martin Davis and Sonia Talesnick Planner—Fannie Bell Bible. Randolph Chestnu, Janet Clavbrook. Henry Cook. Anna B-Il Howard. Carrie Mae Love. Clifford Palmer. Dorris Jean Parrish and John Wesley Starkey. Fountain Square—Marv Ua Bruhn. Aileen Butcher, Joanna Carnine. Eva M Coonfleid. Richard Jenkins. Kenneth Marshall and Dorothy Jean Stucky. Garfield Park—Densil Cook, Joseph Crafton. Robert Stuppy and Paul Wilder. George Merritt—Sophia Branham. Lela Lorraine Hawkins, Lucy Mae Pipes and John Taylor. Hawthorne—Jean Fultz. John Robert Jacob. Lawrence William Thornbrough and Dorothy Jean Walls. Holliday—Frank Conway. Doris Cottle. Betty Jean Ntchols and George Slavmon Indianapolis Avenue —Margaret Durbin. Gene Gehrine and Eleanor Grant. Irvington—Doris McFarland. Keteham—Marv Koejan and Augustus Alexander. Mlnkner—Barbara Cox, Rov Drass. Jack Kraning. Forest Lewis. William Morgan. Claude Earl Murphy. Ronald Patter, Erma Rar.ev and Jerry Shannessy. Nathan Morns—Doris Bieglow, Samuel Camhl. Bettv Jean Clements. Max Cohen. Della Rose HalDera. Joseph Hayden. Loncra Kraft. Dora Leonard. Bernice Mordah. Rachel Nalmias and Raeno Nahmlaa. Oak Hill—Helen Smith Oscar McCulloch—Frank Drury. Georgia Glanakos. Willis Hood. Marv Kuzma. Paul

Zone Manager

A

O. F. Wampler Appointment of O. F. Wampler as assistant zone manager of the newly organized Buick Oldsmobile , Pontiac Company was announced • today. Wampler formerly was zone manager for the Oakland I Motor Car Company in Buffalo. N. Y. His office will be located at i the company's headquarters. Thirteenth and Meridian streets. SUES RAIL COMPANY Pastor Asks $15,000 for Alleged Street Car Injuries. Suit for $15,000 personal damages was on file in superior court three today by the Rev. Benjamin G. Barker . against George C. Forrey Jr., receiver for the Indianapolis Street Railway Company. Mr. Barker claims he suffered permanent injuries when thrown to • the floor while boarding a car afc Washington and Rural streets last July. He charges the car gave a sudden lurch, knocking him down. Mundv. Katherine Murphv, Louis Popcheff and Mav Stoninoveck Raaer—Evelvn Arnold. William Bate. Doris Blackman. Lenora Brown. Lenard Ferguson. Herman Johnson and Kenneth ! Porter. Riverside Robert Beaalev. Richard Black. Philip Keith Jackson Gertrude Mvrtle, Pauline Ottinrer and Clifford Rich- . mann. Twentv-Elgfcth Street—Richard Banev Zacharlas Baxter. Barbara Coleman. Louise Coper. Don Corev. Paul Davis. Lucille HenI derson. Alberta Jenkins and Ruth Willa- ! Jean Sallee Wallace—Joan Rose and Mvron Shearin Woodside—Maxine Chapman. Donald El ! Us. Carl Hildebrand. Kathleen List. Bar bars McClelland. Betty Wagner. Dorothy Wallace and Bettv Yagerline.

BEVERAGE TAX INCREASES ARE GIVEN APPROVAL Levies on Brewers’ Wort and Malt Boosted by Senate Group. By Cnitrd Prrtt WASHINGTON, April 29.—Substantial increases in the 1932 revenue bill resulted todsy from action of the senate financial committee in raising beverage taxes almost universally. including the levies on brewers’ wort and malt. The tax on wort was raised from the house rate of 5 cents a gallon to 10 cents. The malt synip tax was changed from 35 cents a gallon to 4 cents a pound. Treasury officials who collaborated with the committee estimated this tax would amount to 46 cents a gallon. The committee broadened the exemptions in this category to include products sold for the manufacture of food or textiles. Grape concentrates were put on a gallon basis instead of the ad valorem base agreed upon in the house. Tap tax was made 44 cents a gallnn where the house levy was 40 per cent. The tax on legal cereal beverages was lowered from 2 cents to 1H cents a gallon, at an estimated revenue loss of $1,000,000. It was agreed that the committee would recommend an II cents a gallon tax on unfermented grape juice. 9 cents above the house level. Carbonated waters were made subject to a 5-cent a gallon tax, an increase of 3 cents, and still water was retained at 2 cents a gallon. No estimates were forthcoming on the extent of the revenue increase, the house hoped to raise $46,000,000 through the taxes on malt, wort and grape concentrates, and $lO.000,000 on the other beverages. Under the grape concentrate clause as agreed upon by the committee, exemption would be made of articles containing preservatives and of those intended for the manufacture of soft drinks.

13 Dead. 37 Missing In Shipwreck By Cm led Prtt* TOKIO. April 29 —Bodies of thirteen passengers on the coastal steamer Kurenai Maru No. 5 had

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.APRIL 29, 1932

been recovered today and thirtyseven were missing after the ship collided with the Nagato Mam and sank off Hirohima. Thirty wera * rescued.