Indianapolis Times, Volume 43, Number 304, Indianapolis, Marion County, 29 April 1932 — Page 2
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BLAINE HINTS PLOTS TO ROB STOCKBUYERS Senator Says Exchange Has ‘Leprosy of Crime All Over It.’ JJy In itrd Pr*n WASHINGTON. ADril 29—Hinting at vast conspiracies to "rob" the average Investor, Senator John J. Blaine (Rep., Wis.) is seeking to extend the senate stock market Investigation into fields far beyond the expectations of the banking and currency committee when it undertook the inquiry. "I hope the committee Investigation will go into all the ramifications, ascertain all the methods by which the insiders rob the outsiders,” Blaine declared in the senate; "how far the bankers had their hands in the pockets of the outsiders, and what part the investment banker plays in this den of robbery, theft, pilfering and crime.” Blaine said he was convinced, from testimony before the committee, that the exchange had "the leprosy of crime all over it.” Chairman Peter Norbeck and other members of the "board of strategy” formed to outline future plans for the inquiry propose to extend committee hearings to the middle of June, and deal not only with alleged bear raiders who occasioned the investigation, but also with bull market operators. A minority of the committee is opposed to this extension, and several have made it clear that they are against any "muckraking” tactics. May Call Morgan BY LEO R. SACK Timri Staff Writer WASHINGTON. April 29—J. Plerpont Morgan, senior partner of J. P. Morgan & Cos., foremost of the so-called "international bankers,” may be subpened to testify before the senate banking and currency committee's investigation of the New York Stock Exchange. Morgan’s firm during the he.vdey of the bull stock market sponsored the issuance of many securities traded in upon the stock exchange. Investigators for the committee now are checking up the so-called Morgan issues, the prices at which they originally were sold to the public and the representations made. Senator Smith W. Brookhart (Rep., la.). originaly suggested that Morgan be called. During the examination of President Whitney of the Stock Exchange, when the committee apparently was unable to receive any affirmative information from the witness, Brookhart in an outburst of disgust declared that “perhaps wc had better get Mr. Morgan.” Senators since have discussed Morgan, along with a number of other prominent bankers and Stock Exchange operators, during their executive sessions. Every indication now is that the Inquiry will be the most, exhaustive investigation of the Stock Exchange rince 1913. William A. Gray. Philadelphia, the committee's counsel, has been j directed to present to the commit- : tee by today or Saturday a detailed plan on “how to accomplish the most with the least expenditure and in the shortest possible time.” KROGER STORES PLAN ANNIVERSARY SALES Grocery Firm Will Observe Fiftieth Anniversary April 28-May 14. Fiftieth anniversary of the founding of the Kroger Grocery and Baking Company will be celebrated April 28 to May 14 in more than 4,800 branch stores in seventeen states, with managers and officials of 200 local stores participating. The celebration will be marked by special merchandising events, for patrons, according to A. W. Metzger, local branch manager. B. H. Kroger, founder of the first store in Cincinnati, 0.. will Wtlness the event, marking growth of the organization to an annual sales volume of 5245.000.000. A total of 18,518 persons now are employed by the chain. Plans for expenditure of approximately 51,000,000 in an expansion program, will be placed in effect with the golden jubilee. A. H. Morrill, president, revealed. CALLS HOOVEIMJNCOLNV Secretary of War Says President Has Only Depression Remedy. By l niled Prr* NEW YORK. April 29 —President Hoover was described as anew Lincoln, "the only man in the world who has inaugurated any ■ constructive program to overcome the depression.” by Secretary of i War Patrick J. Hurley, speaking Thursday night before the American Newspaper Publishers' Association annual dinner. City Selling Out Its Zoo By I'nitrd Prat WACO. Tex. April 29—Animal lovers can buy pets from the city of Waco cheap. Feed bills at the too were too high. antLthe animals can be had for almost nothing. |
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Washington Rites Held at 127 Schools With Patriotic Pageants and Tableaux
Honored by Larger Number in City Than He Had in Continental Army. George Washington was honored in Indianapolis today by more persons than ever were in his Continental army. More than 100.000 school children. • teachers and parents participated j in exercises presented at the city's 127 public, private and parochial schools. In the picture are shown four pupils in the pageant cast at Mary E. Nicholson school No. 70, Central avenue and Forty-sixth street. Holds Tableau John Beeler, 4551 Park avenue, and Frances Haney. 5141 College avenue, are shown holding up ior i your approval a tableau depicting George Washington, the surveyor, and one of his trusted men. In the role of Washington is Jack Baker, 150 East Maple road. His backwoodsman helper is played by Jack Evans, 5019 North Meridian street. Two plays were to be presented by the 7A class of school No. 52, King avenue and Walnut street. They are "The First Continental Congress" and "The Signing of the Constitution.” The presentations were written by Mrs. Blanche Graham Williams, former English teacher in the Indianapolis schools. Directing the productions was Miss Freda Huebner. history teacher. largest in City George W. Sloan school No. 41, at 3002 Rader street, divided its observance into a number of sections. The school, with 1.100 pupils, is the largest in the city. Ivy planting by the primary pupils, and silhouette pictures showing scenes in the life of Washington by pupils in the third, fourth and fifth grades featured the morning's activities. Included on the afternoon program were to be the following: A playlet by the 3A grade, a minuet in costume and a series of silhouette pictures by the sixth grade, presentation of songs popular at the time of Washington’s inaugural by the second and third grades and a tableau showing Washington taking the oath of office, by the eighth grade. Music was to be furnished by the boys' choir of forty-three voices, and the school orchestra. Approximately 300 pupils were to take p*rt in various phases of the program. AUTO CRASH ONLY THE START OF HIS ‘GRIEF' Negro Driver’s license Tag leads Cops to Booze Raid on His Home. It was just one thing after another Thursday for Charles Neal. 35, Negro, 443 West Twenty-ninth street. Today he faces four charges, the result of a series of events which started when an automobile he Is said to have been driving collided at Twenty-eighth street and Washington boulevard with one driven by Robert Mannix, 17, of 2456 North Meridian street. Neal's car is said to have struck two others before he was arrested in Brightwood, Mannix obtained the license number of the car which struck his. Police went to Neal's home. They reported finding a gallon of alcohol and twenty-two quarts of beer. They arrested Neal's wife, Mrs. Bessie Neal, on a blind tiger charge. Neal is charged with blind tiger, intoxication, drunken driving and failure to stop after an accident. M. E. Bishop Will Retire By I'nitrd Prrtr ATLANTIC CITY. N. J.. April 29. Bishop Charles Edward Locke. 74. of St. Paul will retire from active service at the end of the thirtyfirst quadrennial session of the general conference of the Methodist church. It became known.
Our 18th President was bom at Point Pleasant, Ohio, April 27, 1822. A West Pointer and Mexican War veteran, he retired to private life, but joined the Union army at the “Call to Arms." He proved a bom soldier and leader of men and rose to the highest military rank. At the clo6e of the war he was elected President. A mans financial condition should not influence public opinion. We serve all with personal sympathy and consideration.
Left to Right—John Beeler. Jack Raker, Jack Evans and Frances Haney.
FAVORS CUT IN PUBLIC EXPENSE , Van Nuys Cites Increase in Government Costs. Abolition of numerous federal boards, bureaus and commissions was advocated by Frederick Van Nuys. candidate for the Democratic senatorial nomination at a First ward rally Thursday night. "During the last seventeen years, the cost of .ederal government has increased 328 per cent,” Van Nuys pointed out. “During the same period of time population has increased 27 per cent. In 1922 the total expenditures amounted to 11.1 per cent of our total income. In 1931 such expenditures amounted to 22.2 per cent of our total income. “Such increase iri the cost of government is indefensible. It is one of the chief contributing causes of that widespread economic and industrial prostration from which the nation is now suffering "As the first step in correcting this government evil, I favor the abolishment of those numerous federal boards, bureaus and commissions which, in many instances, have usurped the functions of the state government. I favor the consolidation of governmental departments. I favor the repeal of those numerous acts creating boards, bureaus and commissions which are needless for the proper functioning of our government and too often used as vehicles for temporizing with pressing issues." Routs Burglar With Shots Routing a burglar from the rear of his home early today, James Harris, 2221 Langley avenue, fired four revolver shots at the intruder, he reported to police. Harris said nothing had been stolen.
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THE INDIANAPOLIS TIMES
Try It, John! By t nitrd Prr** NEW YORK. April 29 —John Milton, who wrote "Paradise Lost.” and who died in 1674. received a letter today at Columbia university. The letter was from a young salesman, employed by a press clipping bureau. The salesman, it seems, recently had read some favorable comment on the English poet's work. Learning that the Columbia university press Is bringing out a volume of Milton's poems, he wrote to ask if Mr. Milton would not like to subscribe to his clipping service so he might see how the literary critics view his work.
BANDIT KILLS SELF Sees Capture Inevitable After Holdup. By I nitrd Pm* ST. LOUIS. April 29.—Fear of poverty caused Andrew' Denarde, | young business man, to turn bandit. then commit suicide when cap--1 tured appeared inevitable, police : said today. He held up Clarence Pleimann, insurance agent, for S2BO in cash and $1,400 in checks. Pleimann grappled with him. Denarde fired several shots and fled to the home of Rudolph Bayer. “A glass of water, please.’’ he asked, then swallowed two pills. As Pleimann caught up with him. Denarde handed over the money i and submitted to arrest. He collapsed en route to jail and died at a hospital. Filling Station Is Looted Two thieves looted a filling station at State avenue and Pleasant ; Run boulevard of SSO in cash late Thursday, Joe Johnson, attendant, j informed detectives.
fu. $. FIGHTS BAN UN BATTLESHIPS —— Backbone of Our Defense, Arms Parley Told. i By t'nited Prrnn GENEVA, April 29.—The United States is unequivocally opposed to the classification of battleships as an offensive weapon. Senator Claude Swanson said today before the naval commission of the world disarmament conference. Swanson called the battleship the backbone of the United States de- , sense system. "We are a threat to no nation. | There is nobody's territory we j covet,” Swanson said. He emphasized the American obligation to keep the Panama canal open in peace or war and to defend far eastern possessions. “If w ? e had completed our naval program after the World wap, it is conceded we would have been supreme on the seas, but we agreed to be a threat to no nation,” Swanson said.
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MRS. GLOSSER, FILM ACTRESS' MOTHER. DEAD Illness of Five Years Ends; Veteran City Doctor Succumbs. Mrs. Louise M. Closser. 84. one of the founders of the Indianapolis Free Kindergarten, died Thursday night in the Spink-Arms, where she had lived a number of years. Mrs. Closser was the mother of Louise Closser Hale, motion picture actress. Mrs. Closer had been ill five years. She was born in Terre Haute where she attended grade school and later St. Mary's-of-the-Woods academy. She came to Indianapolis in 1875 with her husband. Joseph A. Closer, a grain broker. He died in 1887. Mrs. Closer was a member of the First Baptist church for many years. Funeral services will be held Saturday afternoon in Flanner <fc Buchanan mortuary, according to -tentative arrangements. The Rev. Frank S. C. Wicks, pastor of the i All Souls’ Unitarian church, will j officiate. After six months' illness. Dr. J. V. Bower, 81. of 3434 Orchard avenue, died Thursday. He had been a practicing physician in Millersj ville and Indianapolis fifty-two years. He came to Indianapolis | thirteen years ago. He was a member of Millersville ! lodge, F and A. M., and Second Moravian church of Indianapolis. Funeral arrangements have not been made. URGES COX FOR BENCH Frank B. Ross Lauds Democratic Candidate in Radio Talk. Nomination of Earl R. Cox. a Democratic candidate for circuit court judge, was urged by Frank : B. Ross, former probate court judge, ! in an address over radio station WKBF Thursday night. “It is the duty of every man and woman of all political parties to , vote in the primary next Tuesday,” Ross asserted. “The best time to eliminate unworthy and incapable candidates for public office is in the primary. Ear] R. Cox is a successful lawyer and he will make a brilliant and successful judge.”
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.Miss Pauline Riley May queen of Indiana Central college, elected by the student body, is Miss Helen Schmidt, a junior, of Terre Haute. She will reign at a May day pageant to be given at the end of the school term. Pauline Rilev, Nappancc. last year's queen, will seivc as senior queen in the pagean’. Truck Hearing Is Set Hearing on the Co-ordinated Transport, Inc., interiirban-trucking petitions will be resumed next Wednesday at 10. it was announced today by Harry K. Cuthbertson. the public service commissioner, who is conducting the case.
.APRIL 29, 1932
LUDLOW CLAIMS HE IS IN FAVOR OF REFERENDUM Explains His Vote Against Beck-Linthicum Wet Resolution. Explaining he voted against the Beck-Linthicum wet resolution because he "declined to commit this district to the return of the saloon !>n America." Congressman Louis Ludlow, candidate for the Democratic nomination in the Twelfth district, declared Thursday night that he would “bp glad to support ’ a direct referendum on prohibition." The meeting was held at Twentyninth and Clifton streets, j "I believe the time is coming when, by agreement among the dry leaders and the wet leaders, the question of prohibition will be submitted to the test of an honest-to-soodness referendum in this country which will disclose the extent of the dry and wet sentiment and which will show where America stands on this proposition.” Ludlow said. "Certainly this program is one to which the leaders of both the dr\ cause and the anti-prohibition cause can agree without any compromise of their positions and without any j sacrifice and conviction and a referendum. conducted in a fair, honest. open and above-board way. would clarify the confusion caused by violently conflicting claims as to , what national sentiment is on this subject.” SAVED BY WOODEN LEG George Kills Dragged by Street Car but Only Is Bruised. Wooden leg of George Ellis. 44. Craig hotel, saved him from serious injury Thursday when he was dragged thirty-five feet by a street j car. Ellis walked into the side of a Central avenue street car at Massachusetts avenue and Delaware street. He was knocked down and the wooden leg was caught beneath the car. Ellis was dragged but esI caped with bruises. The leg was not damaged. Mayor to Head Beer Parade DETROIT. April 29 —The "beer for tax" parade in Detroit will be i headed by Mayor FYank Murphy.
