Indianapolis Times, Volume 44, Number 241, Indianapolis, Marion County, 16 February 1933 — Page 4

PAGE 4

YOUNG TELLS OF MILLIONS LOANED INSULL Describes Transactions at Senate Probe Into Utilities Crash. /.'" 1 nltfd prrnn WASHINGTON, Frb. 16—Loans of several million dollars to the Insull utility group were described today by Owen D. Young after the senate inquiry into the collapsed utilities empire had produced charges that the Insull organizations reported profits to the public while listing losses for income tax purposes. Charges that the Insull company was informing the public of profits while recording losses to the government were made before Young testified by Ferndinand Pecora, committee counsel. Pecora forced Samuel Insull Jr. to testify to profit and loss statemen s by offering photostatic copies of tl e corporation's tax returns. In mil read from an accountant’s report showing Insull Utilities Investment, Inc., earned $10,343,072.24 in the calendar year 1930. Pecora immediately handed him the income tax return for 1930. It showed a loss of $6,493,377.53. Public reports of the Investment Trust profits in 1931 aggregated $5,240,540.36. “Did you sell securities to the public on the basis of the reported net earnings in 1930 and 1931?” “Yes, sir, through dealers,” Insull replied.

STANDARD GIVES COMPLETE SERVICE NEED ANTI-FREEZE? LET US CHECK IT. Standard STOP SKIDDING. Uneven tire pressures cause Servismen check your radiator—oil—battery—tires m skidding on slippery streets. Stop in once a week fill your gas tank—do everything you want —3 QUICK-STARTING GASOLINES and let your Standard Servisman keep your tires quickly and courteously. STANOUND GASOLINE—a lugh-tcet, reg- correctly inflated. idar, white gasoline—made to give unusual winter mUeage at a low price. - EXPERT LUBRICATION. It takes fifteen differ. vice • Public Telephones'• Fmol • Car Record TIPS PLcASc. Standard Sere ice ient lubricants to service all makes of cars cor- Books • Clears Rest Rooms • Correct T,re Inflation * complete and free. Air, water,rest rooms, informarcctlv. We have them and Standard Servismen Water for Radiator and Battery • Road Maps tion, are as much a part of our business as selling know how to use them. Windshield Cleaning gasoline and motor oil. STANDARD OIL SERVICE ALSO DISTRIBUTORS OF ATLAS TIRES Copr. 1933. Standard Oil (la.

Here Are Last Pictures; Now Choose Your Cabinet

\ try xy tgp

Woodring

Woodin

Ritchie

Now you can start selection of a 1 cabinet for President-Elect Franklynl D. Roosevelt. Here is the last of three groups of pictures of cabinet possibilities, the first and second having appeared in The Times Tuesday and Wednesday. On Monday, a picture of a “headless cabinet” was printed in The Times. To choose your cabinet, you clip the heads of those whom you think will be selected by Roosevelt as his advisers and paste them on this “headless cabinet.” If you think some man for woman) whose picture did not appear in any of the three groups will be chosen, just write his or her 1 name in the space left for the head, or you can paste in a picture of your candidate if you have one. I All entries must be in the mail before midnight, Wednesday, Feb. ! 22. Judges will be announced next j week. They will check on the cor- ! rectness after the official list is announced by Mr. Roosevelt, making

C’ohcn

Murphy

Mullen

the awards on the basis of neatness and merits of essays of not more than 100 words, which must accompany each selection. In your essay, tell your reasons for your selections. First prize is $10; second, $7.50; third, $5, and fourth. $2.50. The “Who's Who” on the group printed today follows: ALBERT C. RITCHIE, Mri., lawyer, now serving fourth term as Governor. ARTHUR F. MULLEN. Neb.; lav/yer, assistant to James Farley in managing Roosevelt’s campaign. FRANK MURPHY, Minn., former Governor. DANIEL J. TOBIN, labor leader, A. F. or L. candidate. WILLIAM E. WOODIN, N. Y., industrialist. HARRY WOODRING, Kan., farmer, oil producer, former Governor. JOHN S. COHEN. Ga., newspaper publisher, senator by appointment. GEORGE H. DERN, Utah, banker, miner, now' Governor.

BOY, SHOT BY GOLF PRO, ASKS $25,000]N SUIT Permanent Injuries Are Claimed: Wounded Last Summer at Speedway. Charging he was injured per-' manently when he was shot at the Speedway golf course last summer, Edward Olinski, 16. of 735 Concord street, today sued for $25,000 damages from operators of the course and Charles (Chuck) Garringer, professional golfer. The shooting climaxed a caddy war at the course. Other defendants to the suit filed in circuit court, are. Indianapolis Motor Speedway, Speedway Golf Corporation and Jerald R. Button, brother-in-law of Garringer, who assisted at the course. Olinsky was shot Aug. 16, when Garringer carried out threats to “sting” members of a gang of boys who he alleged, had been stealing golf balls from players. Ohnskis suit alleges he was walk- ! ing along the creek at thp course ; with another boy when shot. Eight i shots still remain in his body, the ; complaint states. Garringer was arrested following the shooting on charges of shooting with intent to kill. The county county grand jury recommended his discharge last fall, and he was released by Judge Frank P. Baker. The suit further alleges the defendants had Olinski arrested on false charges. These later were disI missed, the suit asserts.

I)ern

Tobin

THE INDIANAPOLIS TIMES

AVIATOR TO SPEAK

j

Lieutenant A. F. Hegenberger Lieutenant Albert F. Hegenberger, who in 1927 won world fame for his flight from Oakland, Cal., to Honolulu, will address the local chapter. National Aeronautic Association, at 8 tonight at the Antlers. Lieutenant Hegenberger, whose flight with Lieutenant Lester J. Maitland was the first nonstop hop to Honolulu, will discuss his perilous Pacific trip and also recent developments in aviation. The general public is invited to attend the meeting, at 8. and also a dinner at 6:30 in honor of Hegenberger. Bridges Over Missouri Planned LINCOLN, Neb., Feb. 16. The Nebraska legislature Wednes day sought co-operation of the lowa legislature in providing jointly owned! bridges across the Missouri river between the states. Sites suggested for acquiring of bridges were South Sioux City, Decatur, Blair, Omaha, Plattsmouth, and Nebraska City.

CITY REJECTS PROPOSAL FOR NATURAL GAS Cincinnati Banking Firm at Once Withdraws Its Offer. (Continued From Page One) mit was issued only after agreement that no gas would be sold to the suburbs of Indianapolis. It is in position to sell natural gas by building only fourteen miles of line. But, so asserted the Westheimer offer, the company can not afford to meet its prices because of the rates charted by it to other cities. Reason for the refusal, it Is asserted. was in the fear that the sales of gas, now low, would not increase sufficiently to use the minimum required in the proposed contract and still maintain the present plants, which produce coke and tar as biproducts and provide much of the company revenue. “All that we asked was a thorough investigation of our offer by experts on gas." said Wickham. "Our offer is withdrawn. It could be renewed. We believe that an investigation would show that we could save the people of Indianapolis at least $600,000 a year, provide a more economical fuel and at the same time make mere profitable the gas ! company when the city takes it ; over. We do not feel that our offer

Why Buy a Midget Set? When You Can Buy J|k * a Full-Sized _ f! I. j B Regular $66.50 RCA VICTOR / Jfe M yiM I RADIO ■tl full-sized genuine R. C. price of many ordinary sets Other 1932 Models at Similar Reductions! BALANCE EASY TERMS

keeping: rooms with a Times Room ad, room ads and they cost less than those of any other Indianapolis paper,’ Mrs. i. : . > . . j M. McKay. Th# morlorn pirN wants ... (1) Mrs. M. Bradley says, “I am very prfviie**.. <2> a iar. S e clothe, ...... ~ , , . , c closet. (.2) use of phone, (1) plenty pleased with the results obtained from of wtndovrs wlth ,i r;ip e, my Times room ad. *h ower, (6 udfo rourh, (7) a vanity, (8) writing: (9) r^adin* lamp, (10) a comfortable chair. Times Want Ads Cost Less Phone Than Any Paper — 2c a Word Rl ley ?s* ■/ A 5551 *• W. 1 TIMES WANT ADS

has received the consideration to which it was entitled. We know that j your city eventually will use natur-; al gas. That is the present trend and development. But it also is our opinion that, in turning down our offer, the way has been left open

"Cast Iron Stomacl^^^^^

NO - Its two Xs A Diapepsin tablets /

Many men can eat anything and everything without any distress because they have learned how to regulate digestion. Each tablet of diapepsin saves half an hour’s labor in the stomach. So you can actually correct slow stomach. If you have gas. any sourness, or feci a “lump” an hour after eating, take two tablets of Pape’s Diapepsin. Do this until the stomach empties as it should without aid. When it slows down, use thj* same

.TEB. lfi, 1933

for much higher rates when we are out of the field. , “When we retire and the chance is gone, there will be but one source, Columbia, and the terms of our of- | fer then will prove interesting, for I purposes of comparison, with what j your people will be forced to pay.”

harmless stimulant again. You can really control digestion this way. A lot of men ami women who once had the “soda” habit have found lasting relief through Pape's Diapepsin. Some need only one tablet: others ns many as five. Just experiment until you can eat and drink anything and everything without any sign of distress. Get some diapepsin today! Remember, a “cast-iron stomach” just mean* one’that empties in six hours.