Indianapolis Times, Volume 44, Number 138, Indianapolis, Marion County, 19 October 1932 — Page 13

Second Section

Hi, World!

Here’s a Li’l 01’ Drammer of the Fireside That’ll Tickle Your Heart.

(An article in a iciraillr Journal reeenilv predicted tbe dir will come when radio receiving *ct will be eanable of hroadcaalinf. In other word*, a person will be able to talk into his own loud sneaker and be heard br the announcers In radio stations.) BY EARL M’KEE bcre we are ’ dear rat * io W announcers, seated before our loud-speaker, ready to bring to you an evening at the fireside in our cosy little home, through courtesy of the installment furniture company and the landlord. We are seated directly in front of our loud-speaker, on which five monthly payments are due today, according to a letter which we received in our fan mail. And we wish to announce that our' mail is growing in volume each monthend. We see to our right the baby grand piano, on which rests a neat chattel mortgage. In front of us is the fireplace, in which burns the last hodful of coal we rould scrape from the bin. Far to our left is the dining room, and beyond that the kitchen, where ye now can we see the township trustee delivering a big basket of groceries to the little woman. This is the Radio Listeners of Amarica. When you hear the next musical note, it will be the little woman dropping a slug into the gas meter. (Clink—clink.) The second clink you heard, dear radio announcers, was the slug being ejected by a super-critical mechanism that insists on two-bit pieces bearing the trade-mark of Uncle Sam. u a u * THE family gradually is assembling for the evening, and the seats now are nearly all occupied. Outside is a big crowd of neighbors, who, to while away the time, are matching wits with a group of constables who have come to evict our family. Not all the constables are wits, but it is only fair to state they aie half wits. Don’t go ’way, dear radio announcers. There will be a lot of fun and excitement before long, and we hope to bring you a'blow-by-blow description of the latest Florida hurricane and the equally furious encounter soon to take place between our mother-in-law and the minions of the law. We have a big surprise for you this evening—a prize contest, in ■which we are going to give away, absolutely free, to some radio announcer in America, our pet goat, Clara. " Now, listen carefully for the details. All you have to do is to write a letter to us, stating your reasons in 10,000 words —no more, no less—why you do not want a goat. Then inclose in your letter five $1 bills, and mail. The $5 is simply to cover cost of disinfecting and shipping the goat in case you win. a a SIMPLE? We’ll say so. And now', as an additional treat, dWr radio announcers, we are bringing Clara, our dear little goat, before the loud speaker and are going to ask her to say a few words of greeting to you. All right, Clara, step right up to the loud speaker and say hello to the announcers . . . Dear announcers, ws hope you w'ill pardon the interruption, which was caused by technical difficulties beyond our control. The grating noise you heard was Clara taking a bite out of the loud speaker. In the meantime, the constables have entered and are removing our furniture from the house. We now are talking to you, dear announcers, from the sidswalk, w'here our loud speaker now' sits atop our twenty-payment washing machine. Hear that cheering from the sidelines. Mother-in-law just trotted out onto the field and on the very first play threw two of the constables for a ten-yard loss. The tin-star boys now are in a huddle just inside the front gate. Now- they snap out of it and line up. nun HERE comes the play! Watch it! Clara streaks out of the front door, charging head-dow’n, and hits the constable line squarely in the center. The eviction notice falls to the ground. It s a fumble! Now we will have to wait until they untangle the pile to see who has the notice. Clara evidently is at the bottom of the heap. Yes, there she is—and she’s just swallowing the last scrap of the notice! Oh boy! Oh boy! Hear those neighbors cheering! We win! As I speak to you now, we are carrying the loud speaker back into the house, along with the other furniture. Well, it's been a great night Don't forget to try to get our goat. Goodnight.

MAYBE THEY’LL NEVER PLAY, BUT THESE BUTLER GIRLS ARE ALWAYS READY—AND CERTAINLY IN GOOD FORM

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To avoid stares. Miss Kathryn Fitchey, In Butler university football egalla. cautiously slips through a window

roll Lenwed Wlr Service of the United Trees Association

THOUSANDS TO GIVE WELCOME TO ROOSEVELT Presidential Nominee Will Speak Thursday From English Building. MAY AIR BONUS STAND Democratic Leaders From All Parts of Indiana to Meet Candidate. BY BEN STERN point of the Democratic campaign in Indiana will be reached Thursday, when Governor Franklin D. Roosevelt, presidential nominee, conies here to address a noon rally on the Circle. His appearance here is expected to be an occasion of deep import. The prediction is made that Roosevelt will make a statement here regarding his stand on the issue of immediate payment of the bonus. At the same time, thousands of Democrats from over the state, including county and district chairmen and vice-chairmen, as well as other important organization figures, will be present to hear him discuss organization problems and activities for the close of the cam. paign. More than 12,000 Indiana school teachers will be in the city at their convention when Roosevelt arrives. Spurs Democrat Hope His speech is expected confidently by Democratic leaders to add impetus to the campaign, and if his appearance in Indiana has a favorable reaction, Republican managers will issue an SOS call for an address by President Hoover in this state. Arrangements were being completed today for the nominee's visit. The Roosevelt special is to arrive in Indianapolis at 11 a. m. A parade has been arranged and the candidate’s party w’ill be escorted to the Hotel English, where he will review the procession. At 12:15 Roosevelt w'ill speak from the balcony of the hotel. The Circle will be closed to traffic and amplification will be provided to permit the thousands expected to congregate there to hear every word. Will Speak at Meeting / At 2:15 the presidential candidate will address an organization meeting in the Riiey room of the Claypool. Every county and district chairman and vice-chairman and all organization heads have been invited and will be admitted by card. All state candidates also will be present. Mrs. Roosevelt, wife of the nominee, who is an able writer and speaker, will address the women of the state in Riley room at 3 p. m., following the talk by her husband. At the same hour, young Democrats will gather in the Chateau room of the hotel, where they will be addressed by James Roosevelt, son of the candidate. Will Meet Leaders Roosevelt will hold conferences j with R. Earl Peters, state chair- ! man; Thomas D. Taggart, national committeeman; Mrs. Samuel Ralston, national committee woman; Frederick Van Nuys, senatorial nominee; Paul V. McNutt, Governor nominee; Otto P. DeLuse, chairman of the Roosevelt Business and Professional League; Richard Werneke, chairman of the Roosevelt Motor Club, and other leaders, during the remainder of the afternoon. The special will leave here at 7 p. m. for St. Louis. En route, the j train will stop at Terre Haute atj 3:20 p. m., to permit the candidate ; to make a fifteen-minute talk there, j On his return from St. Louis, en route to Louisville Saturday, the~ special will stop at Princeton at 6:55 a. m. and at Huntingburg at 8. JOBS TO~BE SOUGHT Committee Seeks Work for Every Unemployed Man in Indiana. Jobs this winter for unemployed men in every Indiana city is the goal of the Indiana Committee for Trade Recovery, of which Merritt Harrison, Indianapolis architect, is chairman. The committee hopes to accomplish the objective by enlisting cooperation of local officials in speeding construction projects in all communities. ' Harrison pointed thousands of jobless can be putHo work if low construction costs now prevailing become an inducement to renew’ed activity.

The Indianapolis Times

INSULL EMPIRE TOTTERS TOWARD DOOM

Power King Sues for Peace; Pays Millions'to Eaton

Those two giants of the industrial world Bam Insull and Cvrus S. Baton. fra ppUng for weeks through stock maret blows, finally met in the spring of 1930. Insult’s office on La Salle street. Chicago, was scene of the *truce. What went on behind those closed oak doors? In the following article Porrect Davis discloses for the first time details of this meeting, gathered from Intimates of Insull. and graphically reveals the consequences of tbe deal to the House of Insull. BY FORREST DAVIS Times Staff Writer (Copyright. 1932. by the New York WorldTelegram Corporation) THE uniformed floor attendant very likely would set up as you paid your gas bill amid the handsome red pillars in the People’s Gas building to inquire if you were in the market for Insull Investment common. Riding in the elevators at Insult’s Civic Opera house, the operator quite properly would suggest that Securities Corporation at the present quotation, sir, is a splendid bargain. This was midsummer, 1930. The preposterous Insull pyramid of credit reeled. Money was vanishing throughout the Republic; La Salle street dozed. Each day, with forced liquidation proceeding doggedly, it re r quired more money to “support the market’’ in a dozen Insull properties and speculative enterprises. Sam Insull, grayer, the hard, acquisitive lines deeper, puffy yet fierce, commuted each morning from Hawthorne Farms on one of his perfectly appointed, swift, electric trains. Chained to his desk from 7.30 to 6 he directed the warfare, defensive now, on all fronts. In the oak-paneled, old English penthouse above the opera house, the campaign continued through long, sultry evenings. No sluggard Napoleon this. Field marshals utilities executives, bankers, investment dealers —met to hear the latest general order. Maps were gone over, quotas fixed, new appeals to customer and employe framed. Insull was on the march rearward, fighting every step of the way, when he approached Waterloo. The simile is not inept; the Power King often used Napoleonic idioms. nun f>YRUS S. EATON, soft-man-AJ nered strategist, had pressed Insull closely throughout the spring of 1930. Watching the market intently, the Clevelander had continued to buy common stock of Commonwealth-Edison, People’s Gas, Public Service of Northern Illinois—the center of the Insull battle line, to continue the military figure. The threat that he might acquire enough shares to force his way to the boards of directors, and, by alliance, to control, never was relaxed. By March 31 Eaton’s group, Continental Shares, owned nearly 75,000 shares of Common-wealth-Edison—something like 8 per cent of the total outstanding—the largest block next to Insull’s, and a sizable accumulation in view of the scattered way in which the stock was held. ' Still Eaton bought. And presently Insull’s imperious nature grew impatient. The warfare was proving ruinous to purse and peace of mind. So Insull sent for Eaton. We may imagine the meeting. Eaton, resembling a materialistic, sporting yet unassuming parson, acknowledging no animosity; Insull. ironically gracious, bristling underneath, filled with venom toward this upstart. nun EATON went to Chicago. They met in Insull’s wide, sunny offices at the top of the Common-wealth-Edison building. “S. I.”

CANNON Will SPEAK Railroadmen’s Head to Talk to Title Men. Fermor S. Cannon, president of the Railroadmen's Building and Savings Association, will be the principal speaker at the annual convention of the Indiana Title Association, opening Oct. 24 in the Claypool, it was announced today. More than one hundred delegates from all parts of the state are scheduled to attend the session, which will open at 10 with A. William Suelzer of Ft. Wayne in charge. Luncheon will be served. Officers of the association are: Mr. Suelzer. president: Charles T. Stallard of Lafayette, vice-president; Robert C. Young of Elkhart, secretary; M. E. Dinwiddle of Crowfl Point. Earl w. Jackson of South Bend, Russell A. Purr of Indianapolis and Paul 8. Jones of Columbus, executive committee members.

j for the feminine style of the gridiron sport. Crouched for the| charge are Misses Marjorie Wise, Ruth Apo6tol, Winifred Louden and Miss j 1 Fitchey. Then they—- „ ** * *

INDIANAPOLIS, WEDNESDAY, OCT. 19, 1932

would have scorned* to meet his adversary privately. * * Unmarked by the press, the encounter called off a war economically more disastrous than many an armed conflict. Nearly two years later Eaton blandly assured a friend in Cleveland that he never had felt any rancor toward Insull; had not, in truth, regarded himself as a rival of the elderly Chicagoan. The friend chuckled and made no comment. Insull encouraged no such illusions. With him it was war, bitter, cruel, and behind the benign figure of Eaton he professed to see the mobilized power of “New York banking interests.” So, wasting few words, Insull treated for peace, asking first if it were not true that Eaton and Continental Shares represented the feared New Yorkers. Now, Eaton at this precise moment was engaged in the celebrated fight to block a merger of the Bethlehem Steel Corporation, with Youngstown Sheet and Tube. , Whether wearied or dubious of the Chicago adventure, his main interests lay now in' the steel theater of war. His interests, therefore, demanded peace equally with those of Insull.

Unmarked by the press 'he en- „ „ n jML 'O’inter called off a war econom- n - 'V rally mor? disastrous than many * jjjgjP pShEBI ■ jfr - & '>* in armed conflict. Curn* 9 - * H Nearly two years later Eaton ■' blandly assured a friend in Cleve- Eaton JHm < ' and that he never had felt any , , fflU Orancar toward Insull; had not. in iriyni), |w % fl :ruth, regarded himself as a rival circled with ; iS )f the elderly Chicagoan. The SHg| Mt-i : riend chuckled and made no control of ‘ 9 :o “ me " t ’ . . Cleveland IS Slf lnsull encouraged no such illu- KjPW jjg&KKKPmmjM Mr~Tp|i sons. With him it was war. bit- steel industry, Blg|£ 4®*’ . •/ cr, cruel, and behind the benign hi* Hll gSL JlL.'.Hfl igure of Eaton he professed to see he mobilized power of •’New York opponent, PP&ffyjipAW sanking interests.” c „ 4 „ r„ ol ,/7 PIFAf ||HBi r |T So. wasting few words. Insull bam Insull, M . reated for peace, asldng first if on (hill JKKBSbBBBS- - were not true that Eaton and . BgfJpß . Continental Shares represented spring day ' . : MM the feared New Yorkers. ~, jggo. L Now. Eaton at this precise mo- ' ' • men* was engaged in the cole- The ’ v, ’> ’ WBM ■ Hfe . ora' ’ and f:gh’ to hi a merer- of mHEr ii * M -*% - , ' ha r.r;ri So. ! Corpora' ion ‘ * > : ; h Youngstown Sheet and is shown /9* ' • . IlflflfS" h Tube. > - --s Wire:la; weaned or dubious of IWI , " he Chicago adventure, his mam „ Ifeait" ~ irw y~iJi If #£s)£ %, interests lay now ,n the steel % K Md§Zk.., , A ~ (heater of war. His interests. * * L-AL&M *. iJ hen-fore demanded peace equal- * “ ‘ JM~ J ' ■ ’ , times, at the lowest reckoning, fail. Jeremiahs might prophest ■; / what they would bring today. the hardest times in history, but ,He paid, roughly, three-fourths Aladdin would not fail to product t-Tl • of the purchase in cash: the re- miracles. Wsl mainder with 140.000 shares of In- tt a u . 4 Still Utilities Investment and Cor- qo the drums tolled. Whereat pOI , an r n , Se(U J II, ' OS . A in the lush tears Insull pmpcuAs Eaton departed that peace palp parley, he well might, have smiled 'ives and etr.plove we;e mdured HHg M ' with the satisfaction of the fox slock. and 1931 -1 that outwitted the (ion. He tamed thev were placed under duress off a sum estimated at sls 000.000 < % to $20,000,000 in cash profits; the I,IP - lob rippf>n ’ f ' f ‘ 1 ' O- net. of his invasion of Chicago. mg the empire. HP lptr bphind a bluff, sun be- Bevond that, the 30.000 Insull JH leaguered nabob who progressively employes in th Chicago area wer- ■ : would be Power King in name transformed into stock salesmen M HI on i-' , . As also were the 30-odd thousand . j rOS ' L nS V ' as f nPar a,c; can bp scattered employes of Middle WS nygl ■ determined from facts in hand. We s t utilities something like $60,000,000 to buy Di „ p thP money? Workers ofl Eaton - # from vice-presidents to switch|k • p n board operators, from chief engi- | TNSULL had won control—but to neer to trouble shooters, were difch i * A settle the score he had to go re cted to enlist relatives, friends

A doubt exists as to whether Insull knew this favorable circumstance as they met. Certain of his friends believe the power king entered the conference “blind,” nun EATON needed money to strengthen his opposition to the steel combination. Insull needed peace to halt the drain on his resources. Thus they met, with the spare Cleveland financier, masked and formidable, the power king drawn to a wire edge of nerves. * Whatever the fact, it would help Eaton’s cause to acknowledge tacitly that the “New York bankers were back of his assault. He did, it is said, so admit. The dread of a persistent campaign by the eastern interests, probably calamitous to Insull, would have induced him to yield more promptly to Eaton’s terms. The power king did yield promptly enough. Moreover, in his haste to be rid of the menace, he conceded all. On that day he pulled foundation stones from under his pyramid. Nothing, in the opinion of

Traffic Toll Far Below 1931

■pvECREASE in number of traffic in Marion county so far this year has spurred city police and safety officials to new efforts in a safety campaign to reduce the death toll to one-half of last year’s. Today a total of sixty-nine persons have been victims in traffic mishaps, as compared*to 126 for the same period last year, according to a survey of figures obtained from coroner and police. With only three months remaining, the 1932 toll is only slightly more than one-third the toll of 1930, and about one-half that of the same period last year. Total of deaths .from January to Oct. 15 last year was 126 in the county, with the year's total 178, according to the figures.

Cyrus S. Eaton (right), girded with control of Cleveland steel industry, meets his opponent, Sam Insult, on 'chill spring day in 1930. % The power king is shown below.

careful bankers, could have saved Insull after he capitulated to Eaton. The Clevelander jotted down the extent of Continental’s holdings in the three key corporations, “Commonwealth-Edison, 75,381,” etc. He pushed the notation across the table to Insull. “What will you take for the lot?” asked Insull. nun TWO versions survive as to Eaton’s answer. ' One, furnished me by a lawyer for twenty years in Insull’s confidence, is that the visitor demanded a flat $360 for each share in each corporation. Another is that he offered the shares on a sliding scale, which provided a SSO premium per share above the price paid. It would require full access to the books of a number of corporations to determine the exact terms. The arresting fafct is that Insull paid more than the quoted value for each of the almost 150,000 shares in three companies; far more than their worth in a normal, unsupported market—four

An average of fourteen persons was killed each month l|st year, as compared to only seven a month this year. Study of the this year's death list reveals that fifty-four deaths of the total of sixty-nine were due directly to auto accidents, while only five deaths resulted from accidents involving autos and street cars, trains or interurbans. Ten of those killed were past the age of 65, and most of these were pedestrians, struck by autos while crossing city streets. • A total of twenty-nine pedestrians were killed. One of these was a hitch-hiker, walking near the outskirts of the city. Collisions of autos were respon-

f open practice with a dash down the field, each clutching the ball and running with knees high into the ranks of the enemy for dear old i Butler's sake. Day’s practice

times, at the lowest reckoning, what they would bring today. He paid, roughly, three-fourths of the purchase in cash; the remainder with 140,000 shares of Insull Utilities Investment and Corporation Securities. As Eaton departed that peace parley, he. well might have smiled with the satisfaction of the fox that outwitted the lion. He carried off a sum estimated at $15,000,000 to $20,000,000 in cash profits; the net of his invasion of Chicago. He left behind a bluff, still beleaguered nabob who progressively would be Power King ifi name only. It cost Insull, as near as can be determined from facts in hand, something like $60,000,000 to buy off Eaton. n n u INSULL had won control—but to settle the score he had to go into pawn to the bankers for more than he could pay.' In attempting to escape banker control, he had made it more certain. He borrowed $110,000,000 at about this time, hypothecating securities valued than at $440,000,000. He needed cash desperately, not only to pay off Eaton, but to “support the market,” and, moreover, to insure a gigantic program of expansion, into which he had entered headlong. One thing wenVwith another. To inspire confidenec that good times were “just around the comer,”’ and hence Insull stocks should be held off the market, the bedeviled Power King announced a $193,000,000 expansion, improvement program in 1930. Hindsight shows the eventual madness of Insult's conduct in 1930. He did, however, stall off the day of reckoning. And in midsummer of 1930, with the wells of credit drying up, with Insull embarked on bank borrowing which would compel his downfall and work his disgrace; he still towered over Chicago as First Citizen. The public believed in him. Others might fail, banks might

sible for deaths of persons. * Two motorcycles, a bicyclist, and a child in a coaster-wagon were among victims. One person died after being struck by a police car. Fatalities to children account for twelve of the deaths. Seven of these were boys and five were girls. In all cases, the children were struck while playing in or crossing streets. In only a few of the cases were drivers held to blame. Only one holiday fatality has been recorded Walter Wily, 45, city fireman, injured fatally July 4 in an auto collision at 4700 East Washington street. Sixty of the fatalities resulted from accidents within the city limits, while nine occurred in the county, but outside the city.

Second Section

Entered ■* Second-Class Matter at Poatoffice, Indianapolis

fail, Jeremiahs might prophesy the hardest times in history, but Aladdin would not fail to produce miracles. u tt u SO the drums rolled. Whereas in the lush years Insull executives and employes‘were induced to buy stock, in 1930 and 1931 they were placed under duress. The job depended upon supporting the empire. Beyond that, the 30,000 Insull employes in the Chicago area were transformed into stock salesmen. As also were the 30- odd thousand scattered employes of Middle West Utilities. Dig up the money! Workers, from vice-presidents to switchboard operators, from chief engineer to trouble shooters, were directed to enlist relatives, friends, neighbors in the crusade. After hours, clerks called on acquaintances, persuading them to sell other securities and “buy Insull.” Bonuses, commissions were resorted to. Relatives mortgaged property to buy the speculative issues as they tumbled- from the engravers. The cracked teapot was plundered of hoarded savings. The money rolled in—but not in volume to match Insull’s growing requirements. The times worsened. Eaton, it was said, dumped the shares he had received. And Insull more and more was driven to the big La Salle street bankers and to Wall Street.

A CORRECTION A follower of the careers of the Insull brothers has pointed ont that Martin Insull was not accustomed to partake of alcoholic beverages, in contradiction of a statement made by Forrest Davis. Mr. Davis* statement was based on first hand material obtained in Chicago, the truth of which he had no reason to doubt at that time.

HOLIDAY TO BE HAIRY Bushy Heads Will Be Chic for Halloween. You can get more eyebrows, more mustaches, and more stringy or bushy heads of hair for your money this Halloween than ever before. The market in masks must have been bathed in a vat of hair restorer from the quantity of hirsute adornments seen in the windows of the Indianapolis Regalia Company, 216*2 North Meridian street. For two-bits you can look like a cross between Rasputin, the mad monk, and a hobo. And they’ll fix you a suit that’s a panic or a depression garb' if you want one. A costume made of pockets-turned-inside-out is suggested as one possible piece of wearing apparel for your Halloween danoe.

is ended with punting drills. After that it's showers and the return to fair sex apparel and appeal. Will they ever play? No. but what of It?

TAX PROBLEM IS MAIN TOPIC FOR TEACHERS Plea for State Action to Aid Schools Will Be Made at Annual Conclave. OPENS ON THURSDAY, Attendance Is Expected to Be Far Below That of Past Years. Taxation problems affecting the schools will be the principal themft of the seventy-ninth annual convention of the Indiana State Teachers’ Association, which opens here Thursday, Preliminary estimates place probable attendance at 10,000 or 12,000 public school teachers, several thousand below the usual attendance. This attendance drop is attributed to reduced salaries, and, in some instances, no salaries, so that many teachers are unable to meet expense of a trip to Indianapolis. Legislative committee of the association is expected to be authorized to go before the legislature in January, 1933, and demand laws to provide funds to supplement those receivable under the $1.50 maximum tax levy law, and allow uncurtailed operation oi schools. Seek More Funds Income, sales and luxury taxes are expected to be sought, with a demand that $20,000,000 of gasoline tax funds be appropriated at once to prevent schools in many cities from shortening terms as result of the $1.50 maximum law. ‘‘School teachers have stayed out of politics, and as a result schools have had to stand the brunt of tax reduction,” said Charles O. Williams, association secretary-treas-urer. Membership in the association is expected to be increased to nearly 18,000 this year as result of the tax fight, he said. The convention will open with forty-one sectional meetings Thursday morning and afternoon. First general session will be held at Cadle tabernacle Thursday night, when Miss Clara Rathfon, Logan- | sport, association president, will give her inaugural address. . The session will be presided over by Milo H. Stuart, Indianapolis school, assistant superintendent, and retiring association president. Principal speaker at the session will be Dr. Daniel A. Poling, New York City, nationally known prohibition advocate, who will speak on “What Age Owes Youth.” Business Session Friday Friday will be devoted to general sessions, with one in the morning, two in the afternoon, and a fourth at, night. The business session will open Friday morning at 9 in Cadle tabernacle. Annual election of officers, action on resolutions and legislative committee reports, and balloting on a constitutional amendment are on the program. t • The amendment would provide for nomination of officers by petition a month before the convention. Voting would be by printed ballots, enabling stay-at-home members to vote. Ray Lyman Wilbur, secretary of the interior, will be principal speaker at the tabernacle session Friday afternoon. Senator Arthur R. Robinson also wilf speak on his foreign travels. The second session at the Murat theater will be addressed by Thomas Alexander. Columbia university, and Francis Kirkham of the national Child Welfare Association. • Will Name Committee “What Japan Is Thinking” will be the topic of Allen D. Albert, executive secretary of the Chicago world’s fair, at the general meeting Friday night. Dr. Charles A. Beard, New Wilford, Conn., also will speak on “Education in Our Technological Age.” The delegates are expected to receive an invitation to hold the 1933 convention in Chicago, during the last month of the world’s fair. It is understood the invitation will include offer of a substantial sum to finance the conclave. Teachers will meet by congressional districts at 4 Thursday in Cadle tabernacle, to elect executive committee members from the First, Second, Third, Fourth and Fifth districts, to select a vice-president and nominating committee member, and to nominate a delegate to the N. E. A. for each district.