Indianapolis Times, Volume 44, Number 95, Indianapolis, Marion County, 30 August 1932 — Page 5
AUG. 30, 1932
: KEY TO FARM PRICE BOOST ' SEEN IN WAR DEBT SWAP; VISION BOON TO TAXPAYERS Trade That Would Clear European Situation Might Mean Millions in Pockets of Soil Tillers. BENEFIT WOULD BE FAR REACHING Vast Increase in Purchasing Power Would Result if Intelligent Settlement Were Made. This is the second of a series of articles in “Swapping War Debts for Prosperity.” a an BY WILLIAM PHILIP SIMMS Scrlppu-Howard Foreign Editor Suppose we canceled the $11,000,000,000 war debts which Europe owes us: How could that possibly help you and me ? How could it help the eight or ten million jobless in the United States, the thirty-odd million farmers and their families, the factory owner, the mechanic, the clerk, the school teacher, professional man, banker, bootblack and the milk man? For there is no blinking the fact. If the people of Europe do not pay the war debts, the people of America will have to
pay them. How could it help us—our being taxed to pay those billions? The farmers are the most numerous group of American workers: How could it help them ? To get at the answer, let's have a look at some of the crops and the prices they bring. After all, that is what determines not only the prosperity of the farmer, but very largely that of the nation. Wheat Trice Toboggans Last year, according to the department of agriculture, 892,000,000 bushels of wheat were grown in this country. The price paid the producers, as of December, was not even 45 cents a bushel—less than wheat has sold for in 300 years. The value of the entire wheat crop was only $400,000,000. Anything, therefore, that caused wheat prices to rise 10 cents a bushel would mean $90,000,000 a year to the growers. Seventy-cent, wheat —and it has averaged more than that for 100 years—would put an extra $200,000.000 into the farmers’ pockets annually. Last year approximately 17,000,000 bales of cotton were produced in this country. The price to producers was around 5.7 cents a pound. That meant only $485,000,000 for the crop. Anything that caused cotton to rise 2 cents a pound would add $lO a bale and boost the cotton farmers’ income $170,000,000 a year. And cotton has averaged above 8 cents ever since they started gathering reliable cotton statistics back in 1875. Would Add Millions Seventy-cent wheat and 8-cent cotton—certainly a modest enough figure—would add between $350,000,000 and $400,000,000 a year to the income of wheat and cotton growers alone. The American meat crop—to cite just one more—in 1929 brought producers $2,815,000,000. according to the official agricultural year book. Estimates for this year are not much above $1,000,000,000. This represents a loss gs somewhere around $1,500,000,000. Anything that caused cattle to advance $2 a head, on a 60,000.000 head basis, would mean an extra $120,000,000 a year to the raiser. Thus only a very slight advance in the price of these three com modities alone would benefit the American farmer more than $500,000,000 a ye?. 1 , and the last year's unpaid instalment of the war debts amounted to less than half that amount. Total Far Down Total farm products in 1929 brought $12,000,000,000. This year farmers will feel lucky if their crops bring them $4,000,000,000. Any world change for the better which would restore commodity prices to just half what they were three years ago. would add $2,000.000,000 to the purchasing power of the people on the farms. What helps the farmer helps all. About 30 per cent of the buying power of the country is in his hands. He buys automobiles and accessories. He buys fertilizers and farm machinery. He buys furniture, radios, clothes, goods of all kinds, and luxuries when he can afford them. Two billion dollars distributed among the farmers means 20 billion merchandise and service dollars making the rounds of the country. Each such dollar turns over about ten times a year. Would Boom Business That means American industries would get more orders, hire more workers, buy more raw materials. It means stores would find their business picking up and stocks would have to be replenished. Railroads would have more freight to haul. Laid-off employes would find themselves drifting back to work. Like the rings around a pebble dropped in a pond, the cycle of better times would keep on spreading until all of us found ourselves inside. So. if a way could be found to swap the war debts—which Europe say she never can pay—for an improved world situation which would boost commodity prices and keep them boosted, the American people would stand to profit several times over. , How the ball might be started rolling in that direction will be suggested in another article. Next—“ The War Debts and Mr. Jones.” What is said to be the largest X-ray photograph taken in the world was made on a film seven by two feet at the Field museum in Chicago of an Egyptian mummy is its casket.
BORAH READY TO TRADE If I could swap the war debts due the United States for a settlement which would open the markets of the world to the American farmer and the American manufacturer in other words, if I could purchase the prosperity of the American people by these debts—l would not hesitate to make the purchase.”—WlLLlAM E. BORAH, Chairman, Senate Foreign Relations Committee.
FAILURE TO CUT TAX ISILAYED Northsiders Demand $1.50 Limit Be Enforced. Resolution condemning “powerful and selfish” interests for failing to lighten the tax burden and demanding enforcement of the $1.50 tax limit law, was adopted at a meeting of north side taxpayers Monday night in Odd. Fellows hall at Broad Ripple. Permanent organization of the group loomed as probable with appointment of Gavin L. Payne, oroker, and William Bosson, attorney, as members of a committee to lay future plans. “We, home and farm owners of Washington township, declare our firm purpose to insist that the tax limit law is enforced by budget authorities, and we pledge ourselves, irrespective of politics, to oppose in every way any public servant who fails to do his duty, the resolution declares. Governmental units are finding it virtually impossible to sell public improvement bonds because of the maximum levy law, according to Frederick E. Matson, Indianapolis attorney, in a public opinion on the situation. Poor relief bonds, however, are not affected, because they were placed outside of the maximum levy provisions by two laws enacted by the legislature after passage of the $1.50 measure, Matson said in his opinion. Several bond issues already have been rejected by bonding companies. .
Dog’s Missing
Somewhere in Indianapolis there is a lost wire-haired terrier answering to the name "Susie” whose recovery will gladden a 13-months-old baby. The child is Patsy Hansing. 13
months old, 2157 Ringgold street, and his appeal for help wai broadcast to the world by John Hansing, 12, to whom the sorrow cf loss is equally poignant. In a letter to The Times, John said: "We went to the park for supper last Thursday evening and left Susie tied in the back yard. While we were gone some
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one either came in and untied her or stole her. “She and the baby (Patsy) are such good companions, so I would like to have Susie to be back with Patsy. Susie has black and brown around her right eye so we call her black-eyed Susie.” He ~had a big - edge Mailman Wooed Sweetheart Who Lived Right on His Route. By United Press GRAPEVINE, Tex.. Aug. 30. George E. Hurst, who carried his own love letters to woo and wm his wife, will retire within a year, after thirty years as a- rural mail carrier. His fiance now his wife, lived on his mail route and it was something of an advantage to know who and how many suitors he had for rivals, Hurst recalled REDEEEM ANCIENT BILLS Post Civil War Money Cashed at Bank in Oregon. By United Press ALBANY. Ore., Aug. 30.—A pocketful of post Civil war “shinplasters” were redeemed at face value here by the First National bank for D. W. Jones of Sodaville. marking a phase of the anti-hoarding campaign, or possibly the “when do we eat” campaign. "Shinplasters" are paper money of small denominations, inucluding 3, 5, 10, 15, 25 and 50-cent values. Jones had kept them until now as souvenirs.
Lose to Russian Mud
When Alva Christensen (left) and Mary L. Degive (right), adventurous society girls of Atlanta. Ga.. decided to make an automobile tour of Soviet Russia, they evidently forgot to inquire about road conditions. Consequently, after penetrating only 200 miles into Soviet territory, they were forced to have their auto pulled out of the bogs by oblig ing Russians and shipped into Moscow by train. The mud was too much for them. Undaunted, they plan to continue the trip, but they hope the rains hold off until they have finished.
Insull and Cermak Laud Chicago, in Paris Confab
Their Home Town Is One of Most Moral in World, They Agree. BY MARY KNIGHT United Press Staff Correspondent (Copyright, 1932, by United Press) PARIS, Aug. 30. —Chicago is one of the most moral cities in the world whose reputation suffered simply because of imported gangsters and unfair publicity. Mayor Anton Cermak and Samuel Insull agreed today as they sat in conversation in the Prince of Wales hotel lobby. It was during the hour before breakfast that Insull, once mighty industrialist, who is living here since his empire collapsed, dropped into a leather chair beside the mayor, who is leading a group of Chicagoans on a tour of Europe. Call Capone New Yorker They declared the fact that Chicago has suffered at the hands of A1 Capone, a New York boy, and that "those New York newspaper correspondents certainly delight in giving Chicago a black eye.” Insull questioned Mayor Cermak continuously about Chicago's municipal affairs, showing a keen interest in the city’s life—civic, social, musical, political and criminological. “I tell you,” said Mayor Cermak, "I’ve been in a dozen big cities since I left dome, and I’m still convinced that Chicago is the most moral of all of them. If some things happening in these European cities should happen in Chicago, headlines throughout the world would blaze the story.” Insull Lives in Luxury Insull Is an early riser, and usually takes a long walk each morning along the smart Champs Elysee. Though hj retires early each evening, he manages to visit a few of the tourist restaurant haunts. He is living: comfortably in one of Paris’ exclusive and costly hotels. He occupies the suite usually reserved for the prince of Wales when he is in the city. Mrs. Insull, recovering from a recent illness, stays in the hotel most of the time. The former utilities magnate spends many hours with her each day. SOUTH SeUbRIDE IS DIVORCE PLEA CENTER Wouldn’t Con\p to Live in U. S., Says Ex-Marine Husband. Af.r/ United Press BLYTHEVILLE. Ark., Aug. 30. The refusal of a South Sea island bride to leave her native home and come to the United States with her husband. F. N. Chandler, former United States marine, forms the basis of an unusual divorce action filed here. Chandler wooed and wed the pretty Isabel O'Conner of SpanishIrish descent, who was born and reared on *he island of Guam. The marriage was solemnized in 1923. The couple lived in the south seas while Chandler was serving with the United States military forces. In 1930. Chandler charged in his ! divorce action, he decided to return to the United States, but his wife refused to accompany him. Chandler was forced to return alone. The divorce suit charges desertion, mental cruelty and indignities. Chandler says his wife often had displayed fits of anger and had left him for long periods. SAVES GIRL FROM SNAKE Reaches Child’s Side in Time to Kill Menacing Rattler. By United Press PUEBLO, Colo., Aug. 30.—Ten-year-old Mary Abeyeta probably owes her life to her fast thinking brother-in-law. The child was playing in the back yard of her home here when her parents heard her scream. Joe Komonic, the brother-in-law' dashed toward,* the yard, grabbing up a long stick as he did so. When he found the child, a big rattlesnake was crawling up the girl's back. Kormornic wielded the stick, and the rattler dropped to the ground where it was killed. DANDELION IS WHOPPER Nine Feet Tali, Stalk Inch Thick: And Owner Lets It Stay on Lawn. By United Press WESTON, Mass.. Aug. 30.—A dandelion nine feet tall is growing on the lawn of Augustus M. Upham. The stalk is about an inch in diameter at the base and has leaves fifteen inches long.
Patsy
THE INDIANAPOLIS TIMES
Just Too Bad By Times Special PHILADELPHIA, Aug. 30. Leonard E. Hackett, a customs agent, while returning from Chester, Pa., Monday, where he had assisted in a raid on a sloop containing 1,000 cases of liquor, struck a snag—in the form of a taxi. Police who went to the accident said they found four pints of whisky in Hackett’s car. He was held on a charge of transporting intoxicants.
MINE WAR IS FILMFEATURE Illinois Battle Scenes Are Shown Vividly. Invasion of the southern Illinois coal fields by a “motorized army” of 25,000 striking miners and their repulse at the hands of officials and armed citizens of Franklin and adjoining counties, is graphically shown in the current issue of The Indianapolis Times-Universal News reel, described by Graham McNamee, famous talking reporter of the screen. Among other interesting and important events reported by McNamee in this news reel is the takeoff from Floyd Bennett field, Brooklyn, N. Y., of the flying Hutchinson family in their “arerial bungalow,” bound for Greenland and points east. There are scenes, too, of the impressive closing ceremonies of the British trade conference at Ottawa, showing the signing of the trade pacts between Great Britain and her dominions, and a rare view of General Tsai Ting Kai at Hankow in a spirited speech to his soldiers of the celebrated Chinese Nineteenth Route army on the eve of their move to face the impending Japanese invasion of Jehol province. There also are shown the colorful and grotesque carnival of Viareggio, Italy, with its weird floats and street processional; the star of a sea voyage from Oslo, Norway, to Miami, Fla., in a thirty-foot boat by a lone sailor, and an interesting demonstration of anew fireproof cigaret. REINDEER MOSS SOLD Minnesota Santa Claus Buys Seven Tons From U. S. B\ United Press MILWAUKEE, Aug. 30.—Seven tons of swamp moss for reindeer feed sold to a Minnesota Santa Claus was among the items in a financial statement of federal forests of the lake state region issued by E. W. Tinker, regional forester. The reindeer are kept near the Superior national forest for use in Christmas time. LIGHTNING, LIGHTNING Two Kinds, Red and Wffiite, Forest Service Tells the World. By United Press MEDFORD, Ore., Aug. 30.—Lightning isn’t just lightning. There are two kinds, the forest service here reveals, red and bluish-white. Red lightning usually is accompanied by heavy rains. White lightning occurs during “dry” thunderstorms, and is a much dreaded source of forest fires.
WATCH LEADER STORE ■ See Tomorrow’s Paper
8 MILLIONAIRES TO BE SUED IN XREUGEFMCRASH $138,000,000 to Be Sought for Alleged Negligible Management. BY JOHN M. MAftTYN United Press Staff Correspondent NEW YORK. Aug. 30.—Eight middle aged millionaires, highly successful in business, and reputed to be as shrewd as any eight men America has produced, will be sued for $138,000,000 on the allegation that they naively allowed a ninth gentleman to hoodwink them out of that amount. The suits were authorized today by Oscar W. Ehrhorn, federal referee in bankruptcy, on petition of the Irving Trust Company, trustee of the late Ivar Kreuger’s defunct match company, the International Match Corporation. Eight to Be Sued Kreuger, who, before his suicide was a great financier, a genius, and, after his death, an international adventurer and confidence man, will be the villain in the suits that will allege, in a few words, that the eight Americans, as directors of International Match, did not watch him closely enough. The eight: Percy A. Rockefeller, member of Apierica's foremost industrial and monied dynasty, director of fiftyone corporations. Francis L. Higginson, member of the banking firm of Lee Higginson & Cos., director of twelve corporations. Frederic W. Allen, member of the same firm and director of thir-ty-three corporations. Donald Durant, also of Lee, Higginson & Cos., and director in six corporations. Henry O. Havemeyer, president of Brooklyn Eastern District Terminal, and director of thirteen corporations. Samuel F. Pryor, a director of thirty-three corporations. Adrian H. Larkin, a director of ten corporations. John McHugh, director of the Chase National bank and six other corporations. Accounting to Be Asked The Irving Trust Company received permission to file two suits against the eight men. First it will seek an accounting of $100,000,000 allegedly lost to .stockholders of the corporation because of their negligence. Secondly, it will sue for $38,000,000 allegedly lost to stockholders because of dividends illegally paid from capital. The allegations are numerous. From the summons and complaint on file in the referee's office, one of them is: That Rockerfeller, Higginson and the other directors of International Match allowed Kreuger to control and manage the corporation’s finances “despite the fact that the American public had invested $150,000,000.” SPONSOR SAFETY RALLY Pre-School Program Will Be Held Wednesday Night. Pre-school safety program sponsored by Indianapolis Federation of Community Civic Clubs will be presented Wednesday night at Ellenberger park by the Indianapolis Children’s Civic orchestra, directed by Leslie C. Troutman, and the accident prevention bureau of the police department. Special numbers will include juggling act by Cecil Byrne; dance, Misses Alma Tiefer and Ruby Mabee, playground supervisors, and tumbling act, Boy Scout troop 81. DR. VAN HORN DIES Born In Boswell, He Had Lived in Indianapolis Thirty Years. Illness of several months resulted in the death Monday of Dr. John A. Van Horn, 57, of 1332 East Ohio street, in city hospital. He was a chiropractor and naturopath. Dr. Van Horn was born in Boswell. He lived in Indianapolis thirty years. He was a member of Downey Avenue Christian church. Funeral services will be held at 10 Thursday in the J. C. Wilson funeral home, 1230 Prospect street. Burial will be in Martinsville, where Dr. Van Horn lived prior to coming to Indianapolis. SUMMER ‘SNOW’ STORM But it Turns Out to Be Thick Cloud of Thistle Seeds. By United Press SLATHINGTON, Pa., Aug. 30. It can’t be snow, Slatington residents said, as a thick cloud driven by a stiff breeze approached the town from the north. But it looked like snow and word quickly spread of the pnehomenon, for it was mid-July. It wasn’t snow, however, but an unusual trick cloud of seeds of the Canadian thistle that soon covered the town.
SOUTH SEA and ORIENTAL CRUISE A delightful winter cruise on the South Seas . . . a route rich with romance, tradition, lure and mystery. A pause at Havana and through the Canal to the mighty Pacific ... to Honolulu, Samoa, Fiji and the untouristed beauties of New Zealand and Australia . . . the cruise takes in all the magic of the Far East in Samarang, Batavia, Singapore and Bangkok, with a magnificent finish at Manila, Hongkong, Shanghai, Pieping and Japan. The very names are enough to start a violent fever of wanderlust. Complete details may be obtained from RICHARD A. KURTZ. MANAGER TRAVEL BUREAU The Leading Travel Bureau of Indianapolis ® UNION TRUST* 120 E. Market St, RHgy 5341
Prospects Poor for Cash Bonus in Next Session
Votes of 37 Senators and 57 House Members Would Have to Change. BY WALKER STONE Times Staff Writer WASHINGTON, Aug. 30.—The vote of thirty-seven senators and fifty-seven members of the house will have to be changed if the American Legion’s apparent shift of sentiment for the soldiers' bonus is to be translated into legislation at the next congress session. This next session, will be a “lame duck” session, and except for those who die before December, the membership of the two houses will be the same as it was last session when votes were taken on the Pat-man-Thomas bill. Regardless of the outcome of the November election, President Hoover still will be in the White House,
0.0. P. SELECTS CAMPAIGN AIDS Department Heads Named at State Parley. Department heads for the coming campaign were being selected today by the Republican state committee which met at the cell of Ivan C. Morgan, state chairman. The slate calls for the appointment of Ernest Thomas of Rushville, former manager of the federal farm loan bank in Puerto Rico, as assistant state chairman. In this position Thomas will have charge of the campaign of Senator James E. Watson, also of Rushville. Thomas recently turned down an appointment to the federal farm board. Elza O. Rogers, former state chairman, is to be chairman of the campaign executive committee and James M. Knapp, 1929 house speaker and minority leader in 1931 and 1932, will be confirmed as director of the legislative bureau. Although Fred A. Sims, former secretary of state, will be unable to take over the duties for a few weeks, he is to have charge of co-ordi-nating the work of the various departments such as Young Voters and Agriculture. The name of A. A. Mercey, former Vincennes editor, is scheduled to be submitted for head of the publicity department. Joseph Humphreys, Martinsville, is to assist him. District heads were called upon to make reports on the trend in their sections and make recommendations concerning the operation of the campaign.
GUILTY,JPLEA OF 69 Admit Liquor Law Violations in U. S. Court. Pleading guilty to liquor law violations, sixty-nine persons today faced Federal Judge Robert C. Baltzell, with seventeen receiving penalties ranging from fines to prison terms. Convicted of a charge of narcotic law violation Harley Dick of Indianapolis, taxi driver, received a year and a day in Leavenworth penitentiary, while trial of Andrew Jackson, his alleged companion, was deferred until Sept. 10. Other Indianapolis persons convicted of liquor law violations and sentences are: Lewis F. Riley, 850 College avenue: Albert Shlreman. 19 North Oriental street, and Edward Sartori, 1218 Stevenson street, each fined SSOO for possession of 125 gallons of flcohol; Henry Lee Price, 835 East Georgia street, sixty days, with an additional term of twelve months suspended; Carl G. Gmeiner, 2322 Union street, six months and SSOO fine; Dan Douthitt, 3336 West Ninth street, ninety days; Carrie C. Mueller, 2525 Madison avenue, four months; Preston Mitchell, Negro, six mosths, and Earl Pompey, 2127 Sheldon street, ten months; Mike De Fa bis, 3214 Newton avenue, six months; Mabel Earnest, West Michigan street, ninety days, suspended, and James G. Hood, 1827 Ludlow avenue, six months, suspended. HESLAR RITES ARIT SET Funeral Services for Auto Victims to Be Held Wednesday. Funeral services for Mrs. Alice Marie Heslar, 37, New Augusta, was injured fatally in an automobile accident Sunday on Kessler boulevard, will be held at 2:30 Wednesday in Flanner & Buchanan mortuary. Place of burial is not announced. Mrs. Heslar was the wife of Captain O. F. Heslar, commander of the Indiana Naval militia, who was cruising on Lake Michigan at the time of his wife’s death. He came to Indianapolis Sunday ’ by airplane.
and he Is certain to veto the meas- | ure if it reaches him. A two-thirds majority will be required in both houses to pass the bill over a veto. The $2,400,000,000 bonus currency inflation measure was passed in the house last session by a vote of 211 to 176. The pairs were 22 for and I 22 against, with four members not on record, bringing the pro-bonus total to 233. This number is 57 short of 290. the necessary two- ; thirds. In the senate the measure was defeated by a vote of 62 to 18. Two of the sixty-two—Senators Elmer Thomas (Dem., Okla.) and John H. Bankhead) Dem., Ala.) changed their votes from “aye’’ to “nay,” so that they might, under the rules, move later for reconsideration. - Counting Thomas and Bankhead, the division in the senate was sixty to twenty for the bonus. Seven senators were paired for and seven against, with two not recorded, making the pro-bonus total twentyseven, or thirty-seven short of sixtyfour, the necessary two-thirds.
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WIDOW BURNED IN SUICIDE TRY Blast Occurs After She Turns On Gas. Condition of Mrs. Norine Van Deusen, t>o-year-old widow, wi.o curred burns Monday mgnt when she attempted suicide at her home, 3920 North New Jersey street, was declared critical at city hospital today. After covering windows and doors with blankets and stuffing cracks with paper, Mrs. Van Deusen, who lives alone, turned all jets of a gas stove on top of which she placed oil scaked rags. An explosion and fire followed and Mrs. Van Deusen was hurled into another room, her clothing in flames. Firemen from Engine Company 14 extinguished the* fire and gave first aid to the aged woman. Damage to the house was sligh* She left a note containing incoherent statements, naming a woman whose identity has not been established as “responsible for my death.’*
