Indianapolis Times, Volume 44, Number 227, Indianapolis, Marion County, 31 January 1933 — Page 5
'JAN. 31, 1933
INSURANCE CO. LEADERS ACT FOR FARM AID New York Life and Others Move to Suspend lowa Foreclosures. By I nitrd Press NEW YORK. Jan. 31—Other leading eastern life insurance companies were reported today to have joined the New York Life Insurance Company in a decision to suspend foreclosure activities on mortgaged lowa farms. The companies have $200,000,000 invested in lowa farm mortgages. The moratorium on foreclosures will last, it was understood, until the lowa legislature enacts its program for relief of debtors. There was no indication that the suspension of foreclosures would be extended as a general policy to other states, although the companies were represented as being anxious to avoid foreclosures on farms whose owners, though unable to meet their obligations, were keeping up the property and showed a willingness to co-operate with the mortgage holders. Only New York Life and Aetna Life Insurance Company made definite statements of the lowa moratorium policy, and it was understood the other companies which joined in the policy would not make formal announcements. Eastern insurance officials have been impressed profoundly by bad feeling aroused over foreclosures, and the threats of farmers against their agents. In one case the concerted action of 800 farmers forced an agent of the New' York Life to raise his bid on a foreclosed property approximately $3,000, the amount of the accrued interest owing his company. Foreclosures were brought against lowa farmers not because of a desire by the companies to foreclose, but because low'a law allowed holders of second mortgages and secondary claims to foreclose, it was explained. Moratorium Is Urged fin I nitrd Press WASHINGTON, Jan. 31.--Senate Minority Leader Joseph T. Robinson suggested today that farm foreclosures be temporarily suspended pending enactment of more permanent farm relief legislation by congress. Robinson appeared before a senate banking sub-committee at a hearing on the sweeping credit relief program he is sponsoring with the backing of powerful farm groups. The program’s principal feature is a billion-dollar credit pool. In the belief such a program could not be enacted this session of congress he proposed, as a temporary measure, passage of the Hull bill, which provides for a two-year moratorium on mortgage interests and installments and delinquent taxes on mortgaged property in arrears more than a year. Under the Hull bill the Reconstruction Finance Corporation would be authorized also to loan up to $1,000,000,000 to farmers. The press of short session legislation might preclude the passage of a full program before March 4, he said. Meanwhile opposition to the domestic allotment bill continued to pile up before the senate agriculture committee. Will J. Miller, past president of the Kansas Livestock Association, declared the bill was “a scheme which by arbitrarily cutting production would attempt to club consumers into paying higher prices.” RETIRED TEACHER IS CLAIMED BY DEATH Mrs. Alvina V. Campbell Taught in Grade Schools 27 Years. Funeral services for Mrs. Alvina V. Campbell. 73, a retired Indianapolis school teacher, who died Monday will be held at 2 Wednesday in the Kregelo and Bailey undertaking establishment, 2233 North Meridian street. Burial will be in Crown Hill cemetery. Mrs. Campbell came to Indianapolis when sue was a child. She studied in the old Indianapolis high school and was a member of the first graduating class of the old Indianapolis Normal college. She started teaching school when she was 17 and taught first grade pupils twenty-seven years. She w’as a member of the Sorosis Club and the Central Avenue M. E. church. THIEVES _ LOOT HOUSE Steal Five Watches, Two Rings; Loot Estimated at SSOO. Thieves early today forced open a basement window in the home of Mrs. Ruth Davey, 3783 Rockville road, stealing five watches, two rings and other articles, worth about* SSOO. according to a report to detectives. Radio valued at $39 was removed from the home of Mrs. Oscar Chambers, 1224 Polk street, by burglars who gained admittance with a key. Brick throwing thieves smashed a window in a shoe store at 2630 Northwestern avenue, early today, stealing six pairs of shoes. James Fears, 736 East Morris steet, operator, said.
Rules for Operation of Red Cross Sewing Unit An officer or member of a church, lodge, or club may organize a unit. An individual who will be responsible for return of clothing to aii I0&5 ma% or B an * ze a unit among friends. All garments are cut ready to be made and each unit must accept at least twelve garments. Mail the coupon below to The Indianapolis Times. Being a resident of Indianapolis or Marion county. I desire to organize a Red Cross Sewing Unit. Name Tel. No Addres* Name of Organization (if any). Estimated Number of Workers in Unit Mail this coupon to The Indianapolis Times.
‘Betty Miller’ Calls the Teacher; and Up Jump All Three of Them
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Left to Right, H. H. Sierners, Betty Lou Miller, Betty Miller and Bc f '.y Lu Miller
22 BANKS HERE ON STATE LIST Fund Allocations List Is Made Public by Williamson. Twenty-two Marion county banks are on the list of annual state fund allocations made public Monday by Floyd E. Williamson, state auditor. Decision on deposit banks is reached by the state board of finance, composed of Governor Paul V. McNutt, William E. Storen, state treasurer, and the state | auditor. Banks and amounts allocated here include; Fletcher Trust Company, $2,000,000; Indiana National, $2,050,000; Fletcher American National, s*!,000,000; Security Trust, $1,000,000; Central State, $5,000; Union Trust, $2,000,000; Merchants National, $505,000; Indiana Trust, $300,000; Speedway State, $10,000; Madison Avenue State, $20,000; Marion County State, $100,000; Fidelity Trust, $550,000; Peoples State, $400,000; Aetna Trust and Savings, $150,000; Bankers Trust, $500,000; Northwestern State, $4,000; New Augusta State, $10,000; State Bank of Massachusetts Avenue, $2,500; Law'rence State, $5,000; Oaklandon State, $20,000; Fountain Square State, $25,0C0, and the Brightw'ood State. $2,500. Williamson explained that, w'herever possible, money already on deposit and covered by surety bonds will be kept intact. The new law wiping out surety bonds and providing for a state sinking fund from the 2 per cent interest payments became effective Jan. 1. He also said he will seek to have the law' amended to permit governmental boards of finance, in both state and local units, to demand bonds when they deem them necessary. The 2 per cent is paid on the daily minimum balance. PENSION BILL MUST STAND, IS WARNING Fight to Be Made Against Amending, Says Deluse. Protest will be made against any attempt to amend the old-age pen- j sion bill, introduced Monday in! the Indiana house to make its op- ; eration optional, instead of mandatory, it w'as declared today by Otto P. Deluse of Indianapolis. He is chairman of the state old-agC pen- i sion commission of the Fraternal j Order of Eagles. "A pension system optional with counties, doubtless w'ould be pleasing to politicians interested in patronage through appointment of poorhouse superintendents and matrons and sale of supplies to such 1 institutions,” Deluse said. “But j those interested in the welfare of needy old men and women will oppose most vigorously any attempt to alter the present bill, a model piece of social legislation.” Support of the bill in its present form w'as announced today by the Indiana State Federation of Labor through its secretary, Adolph Fritz of Indianapolis. IN SERVICE 30 YEARS Edwin B. Harris Becomes Member of Prudential Old Guard. Edwin B. Harris. 5673 Carrollton 1 avenue, Monday completed thirty years of service as representative of the Prudential Insurance Company, becoming a member of Prudential j Old Guard, an organization of veter- j an employes of the company. Harris began his career with the i organization in 1903 as an agent. In j 1904 he was promoted to assistant j superintendent and in 1924 was made superintendent in charge of j district 2 with headquarters at 7 North Meridian street.
Trio in. Same Home-Room Class at Shortridge; Pity Instructor. ‘ What to do about it?” the quest’?n sung with such rnetition by r~U:o sopranos is uppermost in the •• M cf H. H. Sicmrrp physics '■ her at Shori.riugT high school. hen Centers calls the name cf “T i’y, I Tiller” in his fourth hour h' ~ —r n class, three misses anti — o “Here!” ~"ee three “Betty Millers” are. •' T ou Miller, 44 West Thirty- ~ ' and s'reet; Betty Miller, 17 West T ’cntv-second street; and Betty i In ? Tiller, 19 West Twenty-second I They are not related. Two of the Be ttys are next-door neighbors and "H three live within a half-block of North Meridian street. Siemer’s only chance for calling the turn on the Betty he w'ants to talk to is to label them “Betty No. 1,” “No. 2” and “No. 3.” And if one more “Betty Miller’ should show up in his class to make it four-cf-a-kind. Siemers may give up numerology for printed placards on each “Betty” and the use of sign language w'hen he wishes to speak to them. The three misses are friends, despite infringements on each other’s proper names. MRS. MARY SCHMID DIES City Woman Resident Here 50 Years; Funeral Services Set. Funeral services for Mrs. Mary E. Schmid, 73, w'ho died Monday in' her home at 872 East drive, Woodruff Place, will be held at 2 Wednesday in the Second Reformed church, of w'hich she was a member. Burial will be in Crown Hill cemetery. Mrs. Schmid had been a resident of Indianapolis for fifty years and would have celebrated her golden wedding anniversary with her husband, John 11. Schmid, May 10.
ItM I | £. : : ‘Til always keep _ on recommending [• REM to my friends ) so that they can j benefit like I did. -mm It certainly reliev- ■ ed my cough very „
THE INDIANAPOLIS TIMES
FRENCH CABINET IS COMPLETED % M Edouard Daladier Drafts New Plan to Meet Finance Crisis. By United Press PARIS, Jan. 31.—Edouard Daladier completed formation of a cabinet today and drafted a new’ plan to meet the financial crisis w'hich, it w'as believed, w'ould be accaptable both to the chamber of deputies and the senate. The government hoped to win support of the Socialists, who overthrew the last tw'o governments and declined to participate in the new' one, by reducing taxes w'hich the last government proposed to levy on small businesses, and by fixing the estimated deficit lower than estimates of Henry Cheron, finance minister in the last cabinet. The government may agree to the Socialist plan to meet part of the deficit with a loan, instead of by increased taxation. Daladier announced his cabinet as f ollow's: Premier and Minister of War Deputy Edouard Daladier, RadicalSocialist. Vice-Premier and Minister of Justice—Senator Eugene Panancier, independent. Minister of Foreign Affairs—Senator Joseph Paul-Boncour, inpendent. Minister of Finance Deputy Georges Bonnet, Radical-Socialist. Minister of Budget—Deputy Lucien Lamoureux, Radical-Socialist. Due to refraction, w 7 e see the sun before it actually has risen.
OPENS ONE-MAN DRIVE TO SAVE PROHIBITION LAW Chicagoan Drafts Plan, Sends It to Hoover Senators; Wants ‘Tax’ Direct. By 1 nitrd Press CHICAGO. Jan. 31.—A Chicago business man who says he needs something to occupy his time has! started a one-man drive to save the eighteenth amendment. The business man. A. C. Crawford, Monday mailed cards to every United States senator, setting forth his plan for Americans to “pay the tax direct, rather than pay a tax on beer and then having to 1 drink the “stuff.” Tod*v he is sending cards to all United States representatives. Craw'ford already has received replies to leetters he mailed to President Herbert Hoover, Treasury; Secretary Ogden L. Mills and United States Treasurer Walter Wood. j In each letter Crawford inclosed a $1 bill. “I figured it was W'orth that much,” he said. AH Come Back The cards stated; “Rather than buy and drink the ‘stuff’ or place it lawfully where others may obtain it, as one of the 125 million Americans, I am inclosing my share of the 125 million dollars congress hopes to derive from the sale of beer and other intoxi- i cants. “Also, rather than that the law'- | less liquor traffic again gain con-, trol, I willingly would pay many times as much.” Hoover. Mills and Wood all returned the dollar bills. Makes Newspaper List “They said they couldn't keep the money, but each said he under- j stood and respected my purpose," said Crawford. “Mr. Wood’s reply was a page long. I mailed the letters on Thursday and received answers j from all three the following Mon- j day.” Craw'ford, W'ho says he has no; particular reason for starting his; campaign except that “time is j rather heavy on my hands,” is compiling a list of all the new's- | papers in the United States. He ! said he would mail cards to all; 22.000 of them. “There is no question in my mind, | and Mr. Wood agreed with me, that prohibition can be enforced,” said Crawford. AGED CITY WOMAN DIES Mrs. Martha Harris, 86, Will be Laid to Rest Wednesday. Funeral services for Mrs. Martha Harris, 86, w'ho died Monday in her home, 1138 Prospect street, will be held at 10 Wednesday in the Olivet Baptist church. Burial will be in Crown Hill cemetery.
Times Stamp Contest in Full Swing; Enter Now
Fifteen Prizes Offered by Enthusiasts; Just Write a Letter. Hundreds of stamp fans in Indianapolis and vicinity started tuning up their typewriters, fountain pens, and pencils today for the big race. , The Times stamp Contest, in which fifteen prizes will be awarded, opened officially Monday and contestants have until midnight Feb. j 13 to rush in their entries. If you've just started in the stamp game, here is a great chance to add to your collection. And the prizes are well worth while if you’re an old-timer in this fascinating hobby. i For the fifteen best letters on the subject, “Why I am Interested in j Collecting Stamps,” the following prizes will be given: First—An International Postage stamp album for foreign and United States stamps. Has space for 22.000 stamps. A splendid prize. Donor F. Vernon Smith, Inland Hobby Shop. Second—One package of 1,000 foreign stamps all different. Donor, Inland Hobby Shop. Third—Package of 300 stamps, foreign and United States, some high values. Donor, Dr. H. A.; Washburn. Fourth—Block of four mint United States “Molly Pitcher,” commemorative of 1928. Donor Mr. j Glenn M. Pagett, president India ia | Stamp Club. Fifth—One package of 500 foreign stamps. Donor, F. Vernon Smith. ! Ten prizes of one pound each of' mission mixture (stamps on paper), may run a thousand stamps to the pound. Many are current United CITY FOUNDATION BOARD REORGANIZED H. H. Hornbrook Becomes Organization Chairman. " Reorganization of the board of j trustees of the Indianapolis Founda- I tion, an organization controlling gifts for welfare purposes, was announced today following an annual meeting. Walter Myers, attorney, succeeds Josiah K. Lilly, Eli Lilly & Cos. president, as trustee. Myers w'as j appointed a few' days ago by Circuit Judge Earl R. Cox. A resolution honoring Lilly for his ! many years service on the board w'as adopted at the meeting. Lilly j had served as board chairman since i death of Charles W. Fairbanks in i 1918. Under the reorganization, Henry H. Hornbrook becomes chairman; Henry W. Bennett, vice-chairman, | and Thomas D. Sheerin, secretary, filling the office vacated by death of j Mgr. Francis H. Gavisk. Eugene C. Foster w r as reap- J pointed foundation director. Other j trustees are G. A. Efroymson, who succeeded Father Gavisk last year, j and Louis H. Levey.
States. Good for trading. Donors, Joseph Zix and Floyd D. Shockley. Letters must not exceed 150 words. All letters must be sent to The Times office, postmarked not later than midnight Feb. 13. 1933. Address Stamp Editor. Indianapolis Times. Decision of the judges will be final. Winners will be announced Feb. 20, and the two best letters will be published. Give age if under 18. Mrs. F. D. Leete. Dr. T. Victor Keene, and Mrs. C. O. Robinson have been named as judges.
I MEN’S and ION SlHTsfl KID and LEATHER 1„ ’ J, Odds and Ends | yv'J, Qgfl 25cl I CRINKLE a jjjCHOiCE of the HOUSEfjjpip 1 g c l LADIES’ II I _ sFelt HAT3I B||f" RAZOR \ ■ BLADES | CIGARS 1 1 /2C\T? C V?')I I LADIES' MAAri “1,1 4ft rs COFFEE J (j C fl y——■ i s| 1 OUTING |p V LADIES’ NOVELTY ■FLANNEL pgi CUAE'C iffi ■ Ton.line, ijiirlaln ma- w l Ihm Snjf
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STATE AIR TRAFFIC PARALYZED BY FOG Trans-Continental Liner Is Held at A rport Here. ■Air traffic was paralyzed throughout the state for several hours today as dense fog reduced ceiling and visibility to zero. Clinging close to the ground during early hours of the morning, the gray blanket caused planes to be I grounded. Three planes, one a ! transcontinental air liner, were delayed at municipal airport here.
