Indianapolis Times, Volume 44, Number 251, Indianapolis, Marion County, 28 February 1933 — Page 3

FEB. 28, 10S3

GARNER BOOSTS HIS STOCK AS SPEAKER WITH REPEAL AS VICTORIOUS FADEOUT Like Pinch Hitter Who Singles in Last Half of Ninth to Bring in Winning Run; Gets Resubmission Credit. >IV MARSHALL M’NEIL Time* Staff Writer WASHINGTON, Feb, 28—Political observers here are making anew estimate of Speaker John N. Garner of Texas, who, cn March 4, will become Vice-President. Often during his two years as bass of the house, Garner hasn't had the votes when they were counted. But like a pinch hitter who singles in the last of the ninth to bring in the winnng run, “'actus Jack” has delivered the repeal victory. He as much as any one else is credited with pushing the repeal resolution over. This Is the reason for the new and more favorable estimate of the speaker’s regime. America—and the movies and books prove it—likes a fast, victorious fade-out.

It was Garner who surprised the politicians of congress, to say nothing of the nation as a whole, by demanding that the Democratic house on the first day of its present session fulfill the platform pledge. He made a good case for repeal, but he didn’t actually “put the screw's on the boys.” There were some timid threats against recalcitrant dry Democrats, threats of loss of patronage and prime committee jobs, but they were ineffective. Credit Goes to Gamer The repealer lost by a small margin. It appears nfrr that it was a great moral victory w'hich prompted the senate to act and caused the house to concur on the second vote. The credit for that first moral victory which resulted in the actual triumph on Feb. 20 is Speaker Garner’s. The blustery, red-faced, whitehaired Texan read the rubrics of the speakership under old “Uncle Joe” Cannon twenty years ago and endeavored from the first to be boss of the house, but in a strictly parliamentary sense. He scorned a steering committee, broke only the house parliamentarian knows how many precedents, gave orders to committees and committee chairmen, did not co-operate to any marked degree w'ith party leaders in the senate—and as a result his speakership has been something less than the smooth, swift, sure regime of his Republican friend, the late Nick Longw'orth, whom he succeeded. Weak and Shaky Majority The Democratic party has had a weak and shaky majority in the house; so small that groups like the' Republican Progressives actually have held the balance of power. The house was Democracy’s showwindow these last two years of the Hoover Republican administration, and everybody there felt like goldfish in a bowl. The Democrats had no definite program. The change in Garner and in his operation of the house since the November elections has been obvious. The depression's effect has been ! controlling, of course; but Garner has offered a program, and failure of part of k has not detracted from the fact; he has not been concerned about personal political ambitions; and the poise accruing from overwhelming party strength has quieted wrangles in the house and between it and the White House. * Summing lip Record Now that the speaker is about to become Vice-President, the leading items of the legislative record of the house during his two-year regime can be totaled up about as follows: On the credit side, passage of the prohibition repeal resolution comes first: then modification of the Volstead act; the Philippine independence bill, the anti-injunction bill, the lame duck amendment, passage of the bills giving federal farm board cotton and wheat to the Red Cross for free distribution to the needy, and liberalization of the house rules. On the debit side may be listed the failure of the house to provide unemployment relief as proposed in the Costigan-La Follette bills, the failure to meet adequately the farm mortgage distress; and the failure to pass the Glass bill for banking i reform. Speaker Garner also per- ! mitted the house ways and means ' committee to report out the sales tax last session. Other High Points Other high points of the house legislative program included passage of the moratorium resolution, the Reconstruction Finance Corporation and the Glass-Stcagall arts —all of which originated with the Republican administration. It also passed a bill for prepayment of the bonus, which died in ' the senate; it rewrote the leadership s bill for federal economy; passed a bill for pensions for widows and orphans of the World war. Finally, the house originated and the senate passed a bill intended to result in world economic conferences to readjust tariffs, but this was vetoed by Mr. Hoover. DISTRICT VOTING BILL PASSED BY SENATE Measure Puts Woodruff Place. Beech Grove in Eleventh. Woodruff Place and Beech Grove would be In the Eleventh congressional district under terms of a bill passed by the senate Monday and sent to the house. In the haste of the 1931 session of the assembly, when the last congressional apportionment law was passed. Woodruff Place and Beech Grove were overlooked, but by common consent the citizens of the towns voted in the Eleventh district. ULLUM QUITS STATE JOB Resignation as Inheritance Tax Collector Is Effective Saturday. Resignation of Clarence B. Ullum from the post of state inheritance tax collector, has been presented to Governor Paul V. McNutt, effective Saturday. Ullum is a Republican, and has been collector since Feb. 11, 1929. He resigned to enter law practice with former Judge Noel C. Neal of the appellate court and Elmon Williams in the Continental Bank building. Ullum was author of the 1931 retroactive estates law which returned to the state nearly $1,000,000 from the federal collections previously made.

BATTERS SLOT MACHINE APART Act of Disgruntled Youth Leads to Arrest of Four Others. “The only time I ever beat that machine was with a meat ax.” grimly declared Harry Eck. 19, of the j Tourist inn, as he sat at police head- : quarters Monday night. . Eck was arrested on charges of j gaming after he is alleged to have battered the back from a slot ma- ! chine in a lunch car at 31 East j Eleventh street when the hungry I ®aw of the device had taken his money without a "hit” Sunday. Four other men were arrested and j three slot machines were seized by | police as a result of Eck’s act. I Men held are John Drury, 36, of j 1138 Fairfield avenue, operator of the Ace Novelty Company and al- ! ieged owner of the machines; Wayne McClarney, 26, of 127 East St. Joseph street, proprietor of the lunch stand; Ray Molt, 34, of 1154 Olive street, operator of a barber shop at 847 Grove street, and Clarence Arnold, 27, of 109 East St. Clair street, No. 7, who was charged with keeping a gambling house and a gaming device. The machines were seized in the lunch car, Molt’s barber shop and the establishment said to be operat- , ed by Arnold. According to police, Eck signed a statement declaring he obtained nearly $lO from a machine after using the meat ax on it. RAID WHISKY STILL; ONE MIN ARRESTED Watchman Makes Escape as Deputies Approach. Raiding a farjn house at West Tenth street and Big Eagle Creek late Monday afternoon, deputy sheriffs said they seized a large still in operation, a quantity of whisky and arrested George Ferguson, 45, of 2174 Dexter avenue, on charges of operating and possessing a still. As the deputies approached, they said a watchman escaped by running into the house and fleeing through a trap door into an underground passage. Ferguson was seized W'hen he drove to the front door of the house In a truck containing oak chips, used for ageing of whisky, and sev- | oral gallon jugs, deputies said. Fourj teen barrels of mash were found ' near the still. Investigation by the deputies disJ dosed that the watchman escaped ! | through a trap door in floor of a j closet. The door led to the base- j ment and through a tunnel under a ■ side of the house. BOY, 4, STEPS INTO STREETiHITBY AUTO Sent Ahead by Stranger, Police Are Told. Sent into the path of an auto-1 mobile by a stranger who told him "It’s all right; go ahead.” 4-year-old i Allen Wardrio Jr.. 1036 West New York street, incurred a fractured left i I leg today. Allen had been sent to the gro- | eery by his mother, Mrs. Beulah i Wardrip, who told him to wait on the curb near his home until she told him to cross the street. She was waiting for hi mw'hen the accident occurred in spite of ■ her screams of warning. Police said ; that Allen was told to step from the curb by the unidentified man. who evidently did not see the approaching automobile. Bernard Marsh. 23. of 966 Olin avenue, driver of the car. was not held when Mrs. Wardrip and other witnesses told police he was blameless. The boy was taken to city; hospital in the police first-aid car, after treatment by James Senteney. PLAN VETERANS BENEFIT Dance to Provide Funds for ExSoldiers in Hospital Here. Seeking funds for ex-so!diers in the United States Veterans' hospital bere. the Frank T. Strayer post. Veterans of Foreign Wars, will give a benefit dance March 25 at Moose hall, 135 North Delaware street. Program will include the V. F. W. orchestra and quartet and a special entertainment. Hugh Myers. Eugene Irwin and Ralph E. Greene are in charge. BARELY ESCAPES DEATH Struck by Street Car, City Man Is Held on Drunk Charge. After he narrowly escaped being crushed under wheels of a street car Monday night at South and Illinois streets. Lewis Quinn. 60, of 129 North East street, was arrested by police on a charge of drunkenness. He was struck by a car in chrage of Martin Hcneghan, 27. of 407 North Rural street, motorman, and knocked to the pavement. The car was stopped within a few feet of Heneghans body. He incurred minor lacerations.

Bank Pays No Interest Under Henry Ford’s Plan

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Safety for Depositors Is Basic Principle for His Program. BY JAMES C. AUSTIN United Press Staff Correspondent DETROIT, Mich., Feb. 28. A new type of bank, its policy founded on the conviction of Henry Ford that money never actually can make money, w'ill be born in Detroit W'ithin the w’eek. Ford, who Monday announced his plan to take over the Guardian and First National banks and become sole operator of two new banks to replace them, discussed his plans in a brief interview today. He intimated three basic principles would be introduced. They are: First, safety for depositors. Second, loans to productive enterprises only. Third, no interest. • First of these principles is founded on Ford’s contention that the function of a bank should be to provide a safe place to keep money. Holds Speculation Is Gaining Once Ford likened the ideal bank to a garage where a man leaves his automobile for safekeeping and gets it again, on demand, instantaneously and without question. The second principle has its foundation on Ford’s contention that most speculation is gambling—particularly stock market speculation. The third is based on Ford's belief that money never really can make money—that only productive labor and materials can. “Take a million dollars in gold,” he once ’said, “and it won’t product, one penny. You can put a hen on it, but it wall not hatch; water it and it will not sprout.” Safety Held Main Thing Ford's son, Edsel, was downtown busy with the bank reorganization plans when newspaper men called on Ford, who had spent the morning in his laboratory, working on some new automobile problem. "Safety,” he said, as the newsI papermen were grouped around j him, “is the greatest thing in bankj ing. There must be safety—first, i last, and always. By safety I mean | that a man can’ put his money in a bank and get it back when he | w'ants it, 100 per cent.” , Not long ago Ford illustrated his idea of banking safety by another j allusion to the subject nearest his 1 heart—the automobile. The bank depositor, he said, puts j his money in a bank and accepts 3 j or 4 per cent interest in return for ! granting the banker the privilege of i loaning that money to someone : else. Too often, he pointed out, the depositor comes back to get his money and finds that the loan the banker made was no good. His money has been lost. Likened to Auto He likened that situation to a man putting his autpmobiie in a garage and then calling for it only to find that ttfe garageman. had loaned it and perhaps the borrower had not returned it. “I believe in productive and not speculative loans,” Ford said today. He defined productive loans as, for instance, loans to manufacturers who desire money to enlarge their factories or to employ more men. Speculative loans, he said, would be those involving property which fluctuates in value. The two banks, Ford announced, would cater to two distinct classes. One, the People's National, will be ; for the small depositor and investor. The other, the Manufacturers’ National, will be designed to serve industry. Two Classes of Depositors Retently Ford discussed an idea for the division of bank depositors into two classes. One class would be the depositor who placed his money in the bank with the understanding that he could have it back ‘TOO per cent” at any time he called for it. On such deposits no interest would be paid; even a small charge might be made for the service. he second class of depositors would place their money in the bank with the understanding that the banker had the right to lend it. The banker would share with the depositor the profits of the loans. Should there be losses, the depositor would stand his share. SNYDER IS^REAPPOINTED Named Again as Member of Board of Indiana Boys School. Reappointment of Albert B. Snyder. 651 Eugene street; as a member of the board of trustees of the Indiana Boys School at Plainfield for four years, was announced today. Snyder, an employe of an Indianapolis stationery firm, has served eight years on the board.

THE INDIANAPOLIS TIMES

Henry Ford

FORMER CITY TEACHER DEAD Lydia Blaich Recognized as Leader; Funeral Rites Not Complete. Following a brief illness, Miss Lydia Blaich, 63, of 341 Massachusetts avenue, a former school teacher, died Monday in city hospital. Miss Blaich contributed much to the organization of education in the Indianapolis school system. Following her retirement from the teaching profession several years ago she had assisted voluntarily at the Marion county juvenile detention home. She was recognized as a leader during her early years of teaching and was selected by Calvin Kendall, then superintendent of schools, as recipient of the Thomas D. i Gregg scholarship, which sent her | to Jena, Germany, to survey study methods there. She also was one of a number of teachers chosen throughout the country by the American Federation of Education to study teaching methods in European countries. Funeral arrangements have not been made.

LUESSE IS RELEASED FROM jTATE FARM Freed 17 Days Ahead of Recommended Date. Theodore Luesse, unemployed i leader, was released from Indiana state farm Saturday, seventeen days ; in advance of the release date recommended by the board of trustees, it was learned today. Recommendation for a $l5O reduction in the SSOO fine Luesse was serving was made recently by the board and approved by Governor Paul V. McNutt. The reduction in j the fine would have ended Luesse’s ! term March 14. No explanation other than “his | time was up” was given by farm offi- I cials for the release. Luesse was sentenced to a one- ! year term and fined SSOO by Crim- j inal Judge Frank P. Baker on con- { viction of interfering with a legal process after he was arrested for making speeches at an eviction. The fine was being served at rate of $1 a day, and additional time had been added for breaking institution rules. VONNEGUT HARDWARE TO OPEN NEW BRANCH North Side Site Leased; Operations | to Begin About March 15. Leasing of a site at 4221 College avenue for operation of a north side branch store about March 15, was j announced today by Franklin Vonnegut, president of the Vonnegut Hardware Company. This is the fourth branch to be opened by the Vonnegut company in the last three years. All are connected with the central store at 120-124 East Washington street. Negotiations for the five-year lease on College avenue were completed with W. A. Brennan, Inc., realtors. The storeroom is owned by M. E. Gable, New Albany. With a frontage of forty-two feet, the site has ample parking space for store patrons at rear. Vonnegut declared rerfodciing of the onestory brick building would begin at once.

K.O.’S COUGH - “I’m manager of Thompson’s RestauStreet. Last winter hwwm- 1 cau s ht th , e w ° rst jlllrS cough I ever remember having. It was I got some Smith first swallow my throat felt better. Smith Brothers’ Cough Syrup knocked out my cough in one round.” R. Wiseman, Chicago (Smith Brothers’ Cough Syrup contains no narcotics. Only 35t )

INFLATION ONLY ‘SHOT IN arm; SAYSALSMITH Recognize Soviet, Is His Advice to Senators at Hearing. (Continued from Page One) bers. who are seeking the causes and cures for the depression, the former New York Governor said: “I’m against cheapening the dollar by reducing the amount of gold in it, or coinage of silver or the issuance of any kind of fiat money. “Federal highway money is the most efficient aid for unemployment. You get the quickest action that way.” ♦ He said that in spite of labor saving machinery 60 per cent of the money spent for road building goes to labor. Smith favored lowered tariffs through war debt reduction agreements. “In the rural sections of my state when people saw that their' banks were coming to Washington for aid, those banks were in trouble,” he said. “We must cut out the red tape, and go after it,” he said. “We must build these government buildings as we built canonments during the war. We must speed up at a time like this when materials are cheap. I have seen more suffering in the last two years than I saw during the war.”

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LEARNING ’WHYS’ OF LAW-MAKING

From the northeastern section of In diana comes Senator Chester K. Watson of Ft. Wayne and Robert N. Kreager, 12, of Mon roeville. Robert is a senate page and is taking copious notes on assembly events so that he can report to his school class. Watson was connected with the circulation department of The Times while attending law school in Indianapolis.

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HOUSE UTILITY BILL WILL HIT SENATE SNAGS Favors Private Companies in Its Present Form, Opponents Assert. Rough handling of the house bill providing for municipal ownership, ! operation and leasing of public util—- | ities is forecast when the measure is brought before the state senate for consideration. The bill is expected to be in the senate Wednesday. A divided opinion in committee will be aired by several senators, who believe the bill, in its present form, is against public interest and favorable to privately-owned utilities. Special blows will be struck at those provisions which allow a blanket consideration of all plants owned by one company in making rates for one city or town. This omnibus feature is desired by privatelyowned plants, according to those fighting the bill in its present form. Other blows will be struck at the provisions giving privately-owned I plants the right to appeal to courts whenever municipalities attempt to 1 acquire plants of condemnation, 1 lease, or purchase, and when municiI palities apply for certificates of j convenience and necessity.