Indianapolis Times, Volume 44, Number 122, Indianapolis, Marion County, 30 September 1932 — Page 1
CUBS HOPE TO EVEN SERIES ON HOME LOT Battered Bruins Always Are Formidable at Wrigley Field. YANKS SEE 4 IN ROW Pipgrass and Root to Be Slab Foes in Third Tilt of Classic. BY GEORGE KIRKSEY United Presx Staff Correspondent CHICAGO, Sept. 30.—The New York Yankees’ heavy artillery was client today and the rout of the Chicago Cubs was interrupted while the world series cast was moved from Yankee stadium to Wrigley field. The wearisome, one-sided world series of 1932, bereft of baseball drama and thrills in the first two games at New York, will be resumed Saturday with the Yankees holding two victories and needing only two more to capture their fourth world championship. After twenty hours, spent in travel, the two clubs were to arrive today, the Cubs at 12:45 p. m. and the Yankees at 1:55. For the Yanks the intermission was an unwelcome respite from their triumphant march over the befuddled National League champions. Relief for Cubs For the Cubs it was a great relief from the sad events of the last two days and an opportunity to gather their forces for a spirited comeback in the friendly surroundings at Wrigley field, where they have scored their greatest triumphs. The Yankees have the Cubs on the run, and plan to keep them there until they close out another world series victory in four straight games—a feat they accomplished in 1927 against the Pirates and again In 1928 against the Cardinals. But the Yanks may find the Cub* at home a radically different opponent from the blundering, almost pathetic ball club which fell before the American League champions, 12-6 and 5-2. The surroundings at Wrigley field have a strange effect on the Cubs. They play like a well-oiled, smoothfunctioning machine on their home, grounds, with their pitchers performing at the peak of their ability and their hitters swinging deadly bludgeons. Never Good on Road Wrigley field is a tonic to the Cubs. The Cubs never have been terrors on the road, and their disastrous invasion of Yankee stadium was thoroughly true to form. It is well that the Cubs are more powerful at home than abroad, for there never was a time when they needed great pitching, timely hitting, and stout defensive play more than the present. With their two most formidable pitchers, Guy Bush and Lon Warneke, beaten, their batsmen —with the shining exception of Riggs Stephenson—rendered helpless by the Yankee pitchers. Red Ruffing and Vernon Gomez, the Cubs’ outlook is far more dismal than it was when they made their great comeback to w-in the National League pennant. Two world series pitchers of I other years have been selected to oppose each other in the third game. George Pipgras, the Dennison. la., farmer boy who became a irreat pitcher under the tutelage of the late Miller Huggins, will be on the firing line for the Yankees. Root Is Cubs Hope Charlie Root, out of Middletown. 0.. who reached his greatest fame under the direction of Joe McCarthy, when the Yankee manager was at the helm of the Cubs, will Rttempt to stem the New' York advance. Pipgras never has lost a w'orld series game and Root never has won one. Pipgras beat the Pirates in | 1927 and the Cardinals in 1928, allowing only eleven hits in two games. Root was beaten by the Athletics In the opening game of the 1929 series. 3-1. and hammered out of the box in that fatal ten-run rally the As put on in the seventh inning f the fourth game of the same *eries. Root is a curve ball pitcher, with * quick delivery. He used to have dazzling speed, but uses it conservatively in his declining years. He has food control. The w'eather forecast for Saturday Is for clear skies and moderate temperature. The capacity of Wrigley field is 51,900 and. if a full house attends, as expected, it will be the largest crowd thus far of the series. The betting odds are almost pro- : liibitive on the Yankees, with the American League champs 1 to 10 to %in the series, and 3 to 5 to win the third game.
Crooner Huey By United Pre** HOUSTON, Tex.. Sept. 30. Senator Huey P. Long of Louisiana will offer a lion's share of the entertainment at the Rice institute-Louisiana state football game here Saturday. Long today asked that the public be informed he would: 1. Lead a parade of L. S. U. students through Houston streets to Rice stadium. 2. Conduct the 140-piece L. S. U. band. 3. Croon “at least three” songs. 4. Carry water for the Louisana eleven. 5. Deliver an address between halves.
The Indianapolis Times % Fair tonight, followed by increasing cloudiness Saturday; rising temperature.
VOLUME 44—NUMBER 122
Wife Is ‘Too Extravagant,’ Says Young A1
■
Although Alfred E. Smith Jr. (below), eldest son of the former New York Governor, is said to have renounced responsibility for some of his wife's debts, Mrs. Bertha Smith (top) denied any plans for legal separation. She said her husband merely considered her too extravagrnt.
FLOODS CAUSE VAST DAMAGE Loss Is Heavy in Deluge in Northern Mexico. By I nitert Press , EL PASO, Tex., Sept. 30—The most disastrous flood in the history of North Mexico was reported today to have swept away several small villages and damage is estimated in the hundreds of thousands of dollars. At least seven lives were reported lost, six at Heulutla state of Hidalgo, and one at Monterrey. All traffic between Juarez, across the Rio Grande from here, and Mexico City is paralyzed. Telegraph wires between Juarez and the interior are down.
AUTO KILLS BOY, 11 Pal, 13, Seriously Hurt When Both Are Hit by Car. By United Pres* FT. WAYNE. Ind., Sept. 30. Murray Meredity. 11, was injured fatally Thursday night and Herman Wilcurt, 13, was hurt seriously when they were struck by an automobile while walking along a road pulling two coaster wagons loaded with milk. Both boys live near Acola. JUDGMENT WITHHELD IN ‘CONSTABLE’ TRIAL Cameron Not to Rule on Freeman Until After Another Hearing. Accused of slugging a bystander from behind during an eviction riot, Sept. 15 at 826 Coffey street, Charles Freeman, 44. ’’special constable,” was tried Thursday before Municipal Judge Clifton R. Cameron, with judgment being withheld until Oct. 6, when a similar case is scheduled with another plaintiff. Robert Griffin, 42, of 559 Marion avenue, Freeman's alleged victim, testified Freeman struck him with a black jack while Griffin was standing on the sidewalk at the Coffey street address as Freeman attempted to evict Mr. and Mrs. James H. Evans and their six children. ' Freman will be tried on Oct. 6 on the charge of striking Mrs. Della Bridgew-ater, 55. mother of Mrs. Evans, with a chair. During the hearing Judge Cameron lectured Mrs. Evans for failure to move after several prior warnings on failure to pay her rent. She explained that her husband was unemployed and she and her six children had no place to go.
OLD DAYS BACK—‘SCUTTLE OF BEER. FREE LUNCH!’—COPS END THAT
(Picture an Pace lit LIKE its namesake, the Depression Club, alleged north side beer resort, touched anew low today. In fact, assets of the "club,” located at 3771 North Illinois street, consisting of a tap-rigged bar of ancient design and a dozen tables, covered *with redchecked oilcloth, threatened to become a dead loss for its owners after a raid by police dry squads Thursday night. A score of nocturnal guests received the raiding bluecoats, who confiscated small quantities of liquor and arrested six persops for tiger.
1G.0.P. TARIFF IS BOMBARDED BY ROOSEVELT Depression in U. S. Made by Hoover Rule, Charges N. Y. Governor. PLEDGES LOWER TAXES - Democrat Nominee Lashes at Bureaus Piled Up by President. BY FREDERICK A. STORM United Press Staff Correspondent ABOARD ROOSEVELT SPECIAL, EN ROUTE TO CHICAGO, Sept. 30.—Governor Franklin D. Roosevelt swung into the home stretch of his nation-w'ide tour today after laying down for the second time in the corn belt a barrage designed to offset the re-election offensive of President Hoover, scheduled for Des Moines, la., next Tuesday. Roosevelt, speaking before 30,000 persons who flocked to Sioux City, la., from Minnesota, South Dakota and Nebraska, again pledged “anew deal” for the farmer. He presented a program w'hich had for its salient feature the following: 1. Downward revision of tariff rates to give the farmer the same advantages as those enjoyed by industry. 2. Reduction in the expenses of government. 3. Lower taxes. The Democratic presidential nominee bitterly assailed the Hoover administration, charging it was the greatest peace-time spender in American history. Rails at Bureaucracy He asserted the administration was ‘‘one which has piled bureau on bureau, commission on commission, and has failed to anticipate the dire needs or reduced earning power of the people. Bureaus and bureaucrats have been retained at the expense of the taxpayer.” The Governor blamed the present tariff for a large measure of the farmers’ ills, asserting its provisions to be ‘‘one of the effective causes of the present depression” and a ‘‘barbed wire entanglement against our economic contact with I the world.” Pointing out that the high tariff affected industry as well, Roosevelt observed ‘in two years, from 1930 to 1932, American manufacturers have established in foreign countries, to escape the penalty on the introduction of American-made goods, 258 factories; 48 in Europe, 12 in Latin-America, 28 in the far east, and 71 in Canada. Cites Ottawa Parley “Every week of 1932 has seen four American factories moving to Canada. Premier Bennett is reported to have said in a recent speech that a facory is moving every day of the year from the United States into Canada, and he assured those at the recent Ottawa conferences that by the arrangement made there Great Britain and her colonies would take from Canada $250,000,000 of trade which otherwise would go to the United States. “This, you jsee, puts more men on the street here who had been employed in factories that had moved} to Canada.” .... ...
Roosevelt declared the depression in this country was American-made, traceable to the high tariff and improvident loans to backward and crippled countries. To blame the foreign victims, as he charged the Republicans are doing, was lashed by Roosevelt as “the boldest alibi in the history of politics.” Urges Competitive Tariff To offset these conditions Roosevelt offered his cure, “a competitive tariff which means one which will put the American producers on a market equality with their foreign competitors. One that equalizes the difference in the cost of production—not a prohibitory tariff back of which domestic producers may combine to practice extortion on the American public.” The basis of the Roosevelt farm policy, he summed up as follows: “First, to seek Belief for the farmer from the burden of his expense account, and second, to try to restore the purchasing power of his dollar by getting for him higher prices for the products of the soil.” The Governor’s special left Sioux City late Thursday night for Milwaukee and Chicago.
UTICA GETS SNOW Inch Covers Ground North of Eastern City. By United Press UTICA. N. Y.. Sept, 30.—An inch of snow covered the ground north of Utica today.
“A free lunch with a scuttle of beer—” “Don’t divorce your wife if she can’t cook—eat here and keep her for a pet—” Such “wisecracks” as these, in an atmosphere dominated by highly colored calico curtains, an old piano, and the bar's brass rail, greeted the raiders. Outside, over the entrance, is a huge sign, "Depression Club,” flanked with the words “Chop Suey,” “Italian Spaghetti,” and “Prosperity Food at Depression Prices.” Established six weeks ago under i management of Mrs. Alice La
INDIANAPOLIS, FRIDAY, SEPT. 30, 1932
18 Lives Saved Brave Firemen Do Their Duty—‘Shoo’ Two Cats Out of Danger.
EIGHTEEN lives were saved today by firemen from engine house No. 13. Maryland street and. Kentucky avenue. A fire inspector, examining a vacated business building at the northwest corner of Maryland street and Capitol avenue, found the eighteen lives in the building’s basement. They were near starvation. They refused to leave the building. But the firemen, ten of them, attacked with brooms instead of life nets and “shooed" two mousing cats out of the storeroom to the streets to spend each of their nine lives as each saw fit. One tabby was so wild that the firemen decided to nurse her back by saucer feeding. Her chance for becoming a station mascot was dispelled as she climbed hot steam pipes in preference to dipping her whiskers in a saucer of cream provided for her.
CITY IS CIVEN NEW AIR LINE T. & W. A. Opens Passensenger, Express Route. Start of anew Transcontinental & Western air line linking Indianapolis and Detroit was announced today by J. W. Brennan, traffic manager, following a conference with Chamber of Commerce officials. The first plane will take off at 8 a. m., touch at Ft. Wayne and Toledo, and return from Detroit at 3:55 p. m., in time for a connection with the T. W. plane for Los Angeles. Both passengers and air express will be carried on the new line. Passengers will be carried ip new type seven-passenger Fleetster planes daily except Sundays and holidays.
Shun Parrots By Science Service WASHINGTON, Sept. 30,Don’t make friends' with any parrots, love birds or parakeets from California unless they have a certificate from a health officer declaring them free from parrot fever. • This warning was issued here today by Surgeon-General Hugh S. Camming of the United States public health service. It is intended to 'protect people from psittacosis, or parrot fever. If they fail to heed the warning, they run a good chance of getting this serious, often fatal disease. Some of the breeding aviaries of southern California, where birds of the parrot family are raised, are infected with psittacosis, an officer of the health service found. Treasury Secretary Ogden L. Mills has just amended the interstate quarantine regulations so as to prevent birds from infected areas being shipped for sale beyond the borders of the state.
STEVE RENEWS PLEA New Liberty Appeal Made to Supreme Court. Additional pleadings, charging that two more murders have been committed in a conspiracy to prevent his gaining freedom, was filed with the supreme court today on behalf of D. C. Stephenson by his attorneys, Jenkines, Parker & Brown, Gary. These murders, it is alleged, took place Aug. 1 and the "bodies were tossed in a ditch near Seymour,” the pleadings set out. The pleadings are accompanied by renewal of a petition asking immediate action on the request for a w T rit of error coram nobis. CITY KILLER AWAITS LIFE TERM IN PEN Indianapolis Man Convicted in Ohio of Murdering Officer. By United Press SPRINGFIELD, 0., Sept. 30. Sherman Thomas Clemens of Indianapolis awaited sentence to life in Ohio penitentiary today, on conviction of murdering Charles Holt, Springfield patrolman. A jury found him guilty, with recommendation for mercy, after five hours’ deliberation Thursday night. Holt was shot down when he attempted to stop a motor car here for investigation. William McCutcheon, another policeman, was wounded seriously.
Rose, 27, formerly of New York, the club has become a favorite gathering place of many of the younger set, according to tradesmen in the vicinity. m m npHE menu cards solemnly warns against use of intoxicating liquors, although pre-pro-hibition atmosphere is created by the bar apd its brass faucets, from which beer, real or not, is "on draught.” Police charged it is home brew. The kitchen is hidden from view by a home-made “depression” screen, made from wall board, on
42 DIVE OFF DOOMED SHIP; ONLY3SAVED Steamer Goes on Rocks in Terrific Pacific Gale; Broken to Bits. HERO DIES AT HIS POST Radio Operator Continues Sending SOS While Waves Pound Boat. By United Press VICTORIA, British Columbia, Sept. 30.—Wind-whipped, raging seas that sent the steamer Nevada to a watery grave in the north Pacific brought death to thirty-nine seamen and passengers, radio messages from the Dollar line President Madison said today. The Madison, proceeding here with the three survivors of the catastrophe, related a tale of heroism and horror in brief radio messages. James Thorsen and Fritz Dewall, Portland, Ore., and Lucena N. Decaney, Manila, the survivors, told of their rescue from bleak Anatigmak island, after their thirty-two shipmates and seven Chinese passengers were drowned. Hero Dies at Post Thorsen cut his head in landing in the surf, the Madison reported. Although the survivors had not slept in the forty-eight hours before their rescue, and had eaten only some dried flour, they were said to need only rest and sleep. William R. Robertson, Redondo Beach, Cal., the radio operator, locked himself in his cabin and continued to send out messages for help long after the Nevada had crashed ashore and mountainous waves pounded over her, breaking her to bits, the survivors said. Robertson died at his post, attempting to repair his sending apparatus, broken by pounding waves and wind. Hits Hard on Rocks The Nevada hit hard on the fogswept, uninhabited island Tuesday night. There was a shudder and lights went out as her nose rammed full speed against the rocks. In the howling gale Robertson pounded out the distress call that sent the Oregon Maru, nearby, and the President Madison, 500 miles offv rushing to the seseue, Some sailors drowned as lifeboats were dashed and tossed in launching. Others dived overboard, trusting their own strength to get them to the jagged shore. Forty-two fought for their lives. Three won.
JIM UIIDS HOOVER Watson Defends President’s Record in Office. SOUTH BEND, Ind., Sept. 30. Democrats have no reason to attack President Hoover for failure to avert the stock market crash of 1929, Senator James E. Watson declared in a campaign address at Central High school auditorium here Thursday night. "The panic was upon six nations of the world before Herbert Hoover went into office,” he said, “and six months after he assumed office we were swept into the mighty melstrom.” Watson spoke of the beneficial organization work accomplished by Hoover, the reconstruction finance corporation, war debt moratorium, home loan bank system, the federal farm board and the building and loan banks. TRAP SPEEDERS WITH NOT A COP IN MILES “Electric Eye” on Boston Post Road Explained at Parley. By United Press NEW YORK. Sept. 30.—An “electric eye” on the Boston Post road is trapping speeding motorists with no motorcycle cop within miles. The device was explained to an electrical association meeting here. It consists of two photo-cells secreted in the roadway. When a car passes over these cells, a bell rings in a distant police booth, indicating elapsed time between a measured distance. If the speed is excessive, the officer farther along the highway gives the motorist a ticket, although he may be driving within the speed limit when seen by the policeman. In the Air Weather conditions at 9 a. m.: South southwest wind, 8 miles an hour; temperature, 59; barometric pressure. 30.25 at sea level; ceiling, clear, unlimited; visibility, 8 miles; field, good. i
which are pasted magazine covers and pictures of movie stars. Illumination for the tables, hid from view from the street by curtains, is provided by tallow candles set in whisky bottles. Police said they confiscated several bottles of whisky from guests and a tumbler of alcohol which, they declared, Miss Sarah West, 26, of 2306 Prospect street, a waitress, attempted to pour out. Some of the young people admitted, according to police, that they brought liquor to the place and were served "set-ups” which they spiked from pocket flasks.
Entered as Second Clam Matter at Postoffice, Indianapolis
Sent to Prison for Life at 15, Jesse Pomeroy Dies Behind Bars at 72
Bn United Press T>RIDGEWATER, Mass., Sept. 30.—Jesse Harding Pomeroy, 72, -D America’s oldest lifer in point of time served, died suddenly during the night while still paying the penalty for a murder committed shortly after the Civil war. Gray and frail after fifty-six years’ imprisonment—thirty-eight of those in “solitary”—he finally succumbed to heart disease at the Bridgewater state farm, but not until he
had outlived all twelve of the jurors who doomed him to the gallows when he was a boy of 15, Had he lived until Nov. 29. he would have celebrated another birthday anniversary, probably in the usual way, by penning a poem similar to scores of others he wrote —poems that found a silver lining in every cloud. The first thirty-eight years of prison life were passed in solitary confinement, as ordered by the court when the death sentence was commuted. Pomeroy saw no one, and talked with no one, except his mother and a jailer. He lived with only his beloved books as solace, behind a solid door that had not even bars through which he could see into the corridor. Food and water were shoved through a crevice. It was Jesse’s proud boast that he was a self-made man in the strictest sense of the word. He learned half a dozen languages. He spoke and wrote French, German, Italian, Spanish, Russian and English with native ease. He had a superficial
knowledge of other tongues. Time after time, efforts to gain his freedom failed, the state contending that his mental status made it unwise. The appeal for liberty was rejected only a year ago. Polheroy himself made no less than seven attempts to break prison. The last one at the state farm here in June, 1930.
WAR SHRINE TO BEDEDICATED Ceremony to Be Part of Armistice Ceremony. Formal dedication of the World War memorial shrine, in memory of the Indiana soldiers who died in the war, will be a part of an Armistice day celebration, Nov. 11. Candidates for Governor, on both major party tickets, will speak at the ceremonies to be held at the memorial plaza preceding a parade. Decision to invite Raymond S. Springer of Connersville, Republican candidate, and Paul V. McNutt, Bloomington, Democratic candidate, was reached by the General Memorial Association at the Antlers Thursday night. A parade of veterans, patriotic, fraternal organizations, Ft. Benjamin Jlsrrison soldiers, the national guard and Indianapolis R. O. T. C. units is planned. E. O. Snethen is general chairman of the celebration and Neal Grider is finance chairman. Executive officers of patriotic organizations will meet again in October to formulate details. WANT POSTAL LEASES, SUBSIDIES SLASHED Department Not Trying to Effect all Possible Economies, Is Claim. By Scripps-Howord Newspaper Alliance WASHINGTON, Sept. 30.—Representative James M. Mead, chairman of the house postoffice committee, today criticised the postofflee department for* not trying to effect economies by curtailing subsidies and postal leases. “Salaries of postal workers have been reduced,” said Mead. “That reduction has been compensated partially by lower prices. But the lease owners, and those who enjoy subsidies, should not be exempt. “If the pruning knife were applied to these leases and subsidies, the savings realized materially could reduce the deficit and provide funds for more employment for postal workers.” PUGILIST HAS~MUSEUM Lamp From Turkish Harem, One From First Hearse in Collection. By United Press RACINE, Wis., Sept. 30.—A lamp from a Turkish harem, another from a ship that blew up in Racine harbor and killed seven men, are included in the collection of Barney Richter, restaurant owner and former pugilist. Two large lamps, believed to be more than 100 years old, are from, this city’s first hearse; another illuminated one of the first railroad stations in the state. BEARDED FOR 73 YEARS Veteran Finally Shaves Whiskers He Started in Civil War. By United Press WALLA WALLA. Wash , Sept. 30 —Two years before George H. Middleton, of Walla Walla, left England to fight with the North in the Civil War, he started growing a beard. He was 16. After wearing the beard and a mustache continuously for 73 years, he shaved them off.
Questioned by the officers on how he came into possession of a pint of whisky when he had no money in his pockets, one male patron revealed that his “girl” had left her $35 wrist watch as security for the liquor. Several patrons were allowed to leave. Those arrested, in addition to Mrs. Laßosa and Miss West are Joan Morris, 22, and Joan McCarty, 26. both of 306 East Eleventh street; Alfred Smith, 25, of 556 Wdfet Thirtieth street, and Richard Burke, -28, of 4234 Hensley street. . , a. a. 2
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Jesse Harding Pomeroy
AT LAST—COURTHOUSE TREE PUZZLE SOLVED Greensburg’s Pride Is ‘Populus Grandidentata,' Scientists Find. By United Press GREENSBURG, Ind., Sept. 30. At last the secret is out—the tree sprouting from the courthouse tower here is a populus grandidentata. Long the subject of wonderment and controversy over its genus, the tree’s classification has been decided by the Smithsonian institute at Washington after examination of several samples of leaves. The common name for It is tooth aspen, scientists informed local officials. Previously, many had believed it was a maple.
ROR RANK; TWO SNOT Kidnaped Girl Victims Are Wounded in Gunfire. By United Press WAHPEON, N. D., Sept. 30.—Five machine gun bandits held up the Citizens National bank of Wahpeton today and escaped through a hail of gun fire which resulted In wounds to two kidnaped girl victims. LINDY SUSPECT FACES QUIZ BY U. S. AGENT Passaic Photographerd Held in Illinois. By United Press HARRISBURG, 111., Sept. 30. Dennis Lawrence, 30, Passaic (N. J.) photographer, was questioned today by C. L. Converse, special agent of the intelligence unit of the United States treasury department, in connection with the kidnaping of Charles A. Lindbergh Jr. Converse came here from Chicago at the request, it was understood, of Colonel Lindbergh and New Jresy authorities. Lawrence was arrested in Marion, 111. M U NCIETm A N ELECTED Harry C. Almy, Banker, Again Is Rifle Association Director. By Times Special WASHINGTON, Sept. 30.—Reelection of Harry C. Almy of Muncie, Ind., as a director of the National Rifle Association for his second three-year term has been announced by the national headquar- | ters of the association here. Almy, a banker, took an active interest in development of the vigilante system of bank protection in Indiana by the Indiana Bankers’ Association, which worked out the plan at the suggestion and with the co-operation of the rifle association. ODOR IS AID TO SIGHT ■ Whiff of Oil of CttroneUa Makes Sniffer S?e Better. By Science Service STATE COLLEGE, Pa., Sept. 30. —A whiff of the odor of oil of citronella will make you see better, it is indicated by experiments reported to the American Psychological Association by Dr. George W. Hartmann of Pennsylvania State college. Stimulation of other senses has a similar effect on vision, he found. “Apparently lights, sounds, smells, pressures and pains do have some i property or properties in common. 1 for how otherwise would one account for their similar influence on visual acuity?” he said. The results suggest that one sense might serve in place of another, he concluded. MARRY AT 85 AND 72 Oregon Civil War Veteran Takes Bride at Advanced Age. By United Press BAKER. Ore., Sept, 30.—Robert E. Scott, a Civil War veteran, and Mrs. Clara Ryan, aged 85 and 72, respectively, were married feere.
HOME EDITION PRICE TWO CENTS Outside Marion County, 3 Cent*
GRAND JURY TO PROBE INSUII FIRMS’ CRASH Action Will Be Started in Next Week, State’s Attorney of Chicago Predicts. POOL LIST MADE PUBLIC ‘Favored Friends’ Given ‘Bargain Stock’ Include Famous Figures. By United Press CHICAGO. Sept. 30.—Prediction that a grand jury will be studying the tangled finances of the Samuel Insull utility empire within a week was made today by State’s Attorney John A. Swanson. As Swanson spoke, financial, political and social circles still rocked from the surprise revelation of 318 names of prominent persons on a preferred stock pool list. Additional lists of persons, who bought stock in Insull companies at less than the market price were expected to be made public in Federal Judge Walter C. Lindley’s court today or Saturday. The state’s attorney, who for th moment was in the fore in the investigation as the hearing in federal court was delayed, surveyed reports of his investigators on the Mississippi Valley Utilities Company and termed it “a dumping ground for the Insull subsidiaries.” It was understood that the name of Samuel Insull Sr. is due to appear Saturday in notes of the investigators working on transactions deemed worthy of study. Subpenaes to Be Asked Attorney Lewis F. Jacobson, representing petition creditors, siad today that he held by his determination to ask “in due time” that subpenaes be issued for Samuel Insull, his brother Martin and his son Samuel Jr. The brother Is In Canada and the father and son are in Paris. Jacobson said that should the subpenaes be issued and ignored he would ask the right to take depositions from the former heads of the utilities pyramid that crashed with an estimated $1,0000,0000,000 loss to investors. Announcement of the second list of 318 prominent politicians, bankers, industrialists and officials favored by Insull with an opportuity to purchase stock in one of his now defunct enterprises at bargain prices, was revealed that all who participated in the $6,000,000 syndicate lost their investment. Well-Known Names Listed The list was studded with wellknown names, among them, Mayor Anton J. Cermak; Melvin A. Traylor, banker; Owen D. Young; Pat Roche! chief investigator of the State’s attorney’s office; Frank L. Smith, Republican national committeeman; the late Edward F. Swift, meat packer; Joseph Tumulty, president Woodrow Wilson’s secretary; James Simpson, new head of the Insull operating companies; Clement Studebaker, industrialist; Rosa Raisa, opera star, and General James A. Ryan. Others were: John Hertz, capitalist; George M. Reynolds, banker; Michael Igoe, former Democratic national committeeman; David E. Shanahan, speaker of the Illinois house of representatives; William Lorimer, former United States senator, and Stuyvesant Peabody, coal magnate. The syndicate purchased 115,000 shares of Insull Utility Investments, Inc., at a price of SSO a share. The market price at the time was $59.25. Each paid in 5 per cent of the purchase price and there was a later 15 per cent assessment. Seek to Recover Funds The syndicate was closed last February with sale*bf the stock at $4 0a share. All who participated took a 20 per cent loss. Many, however, did not pay the second assessment, and creditors of the bankrupt corporation said they would seek collection to add the money to the nearly vanished assets of the corporation. Among those listed as members of the syndicate was Oscar Hewitt, for fourteen years a political and economical writer for the Chicago Tribune. The Tribune, immediately after announcement of the list, announced the release of Hewitt “with deep regret.” “No one on this newspaper was aware of the fact he was one of the subscribers to the syndicate,” the Tribune said. “He had subscribed without thought of the implication that in doing so he was accepting a favor from the Instills.” Hourly Temperatures 6a. m 50 10 a. m 62 7a. m 51 11 a. m 66 Ba. m 56 12 (noon).. 67 9 a. m 61 1 p. m 68
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