Indianapolis Times, Volume 44, Number 255, Indianapolis, Marion County, 4 March 1933 Edition 02 — Page 3

MARCH 4, 1933

PAY ROLLS MET, CITY GOES ON SPENDING SPREE Whole Town Jumps Off ‘Credit Standard.' and Pays Cold Cash. BV AR< II STEINEL Indianapolis bought what it could pay for, what it needed, and an extra package or pound of those needs, today as more than $1,000,000 in pay rolls were released to employes of firms. Week-end grocery purchases were boosted to weekly purchases. Cash and money orders dominated trade in downtown stores, although a few stores accepted checks on condition that collection be made. Windows at the postal savings division of the postofliee showed increased lines, and every effort was being made to take care of new depositors. The philosophy of the street was summed up by one woman in an argument with her husband over a new bedroom suite. No Barter Theater Kates “Honey,” she said, ‘we need it, don't we?” Well, then we’ll be just as well off with it, if not more so, than we would be without it. And you know doggone well that the rheumatism in your back isn't going to stand that old mattress much longer. Let’s go down to another store and look at their suites. The husband went. Dspite barter rates at theaters in some cities of the nation, the show 7 places of Indianapolis continued to charge regulation admission prices. Dr. Ernest N. Evans, executive secretary of the Indianapolis Federation of Churches, said city parishes would continue to pass the collection plate Sunday. “And we’ll take checks and go on just as we have been doing,” Dr. Evans said. Hull Day at City Market Department stores sent all persons with pay roll checks to the bank upon which the check was drawn to be cashed. “We're cashing no checks from out of town,” store officials said. Proprietors of stands at the city market compared today's business to a "poor Tuesday or Thursday.” No stands were busy, and only a few 7 customers wandered about in the building. Lists were consulted carefully before food was bought. The speakeasy and undercover operators of gaming were using cash and postal money orders. "Times haven't been so good anyway and the little business we’ve had can be financed in cash,” one man said. Plenty of Small Change Street car conductors were not shying away from $1 bills as they were in Chicago where 50-cent pieces were the highest bits of change accepted. “If the conductor has the change, he’ll make it, regardless of the size j of the bill,” an official of the Indi- j anapolis Street Railway Company,' said. The pay roll spending spree of the city extended to drug sales and other necessities. Utility companies had window lines of consumers who were caught by the 5 per cent withdrawal order and were using the Saturday’s pay in lieu of paper for due bills. Alimony Payments Puzzle Sales commemorating the inauguration of President Roosevelt in stores drew quotas of busy shoppers who had obtained cash on pay roll chocks from banks. At the juvenile support division of the courthouse—Alimony Window, it is known to hangers-on— Queries were made by husbands paying divorced wives as to whether checks or cash would be most acceptable. They were told that cash payment would insure the wife's receiving the alimony settlement. One disgruntled “hubby” in the lobby had a smile on his face—the first in several years of payments he said—for he said: Jig-Saw Business Gains “I'm sending her checks on my banking account. Let her do a little collecting for a chance. I’ve been collecting cancelled checks long enough.” One theater reported that hold orders on an advance ticket sale were being abrogated and that buyers were saying: "Sorry, but I think I'll stay home next week and work on my new jig-saw puzzle.” While at the jig-saw puzzle counters in stores men and women flocked and wisecracked. “It’ll all work out just like the puzzles." DINNER WILL BE HELD Founders’ Day to Bo Observed by Sigma Alpha Epsilon. Founders' day dinner of the Indianapolis Alumni Association ot the Sigma Alpha Epsilon fraternity will be held Wednesday night at the Columbia Club. Judge Walter B. Jones. Montgomery. Ala., eminent supreme archon of the Sigma Alpha Epsilon, the highest office of the fraternity, will speak.

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\\ lien SICK of Being SICK Drs. Holloway & Klein

Safety foi Savings Fletcher amer.can NATIONAL BANK (Owfhtat ( of Mofhet c .id Pennsylvania

Pussy’s in Peril! Indiana Central Biology Classes Hot After Tabbies, for Vivisection

l Upper Left—Professor W. P. Morgan of the Haute turning over her catch to the pastor-execu-'V biology c! .-partment ot Indiana Central college. tioner, Elmer Brown of Noblesville. and Miss Esther Bower of Greenfield discussing the Lower Left—“Treed,’’ or “The Last Meow,” might ■Hyp bit of fur she treed for "lab” work. be the title of this scene in the back yard of a friend f jßgrytmKM Upper Right—Miss Helen Schmidt of Terre of the college students. case of those living in the city and I neighbors for gifts,” he said. V Face Future With Hope, ■4-M the other day. One of the students TA A , r h d O Si f p e romlsed aerayby Is Appeal ot Roosevelt “ ‘lt's my husband’s and I’ve been ’•A If wanting to rid myself of her. Come (Continued From Page One) j congress, in special session, detail* -i. yS on down and get her,’ she told the measures for their fulfillment, ar :. .j ■dKms.JF' HH I student,” Morgan related. “ n by no plague of locusts. Com- j j s hall seek the immediate assis m%mm The student, Morgan explains, pared with the perils which our: ance G s the several states. Ww if went *° the housewife’s door and forefathers conquered because they “Through this program of actio knocked. A man answered the door, believed and were not afraid, we we address ourselves to putting oi The student explained the mission, still have much to be thankful for. own national house in order ar iTw "No. you’re not.” retorted the “Nature still offers her bounty and making income balance outgo. Oi man—who happened to be the hus- human efforts have multiplied it. ■ international trade relation band—“it's my cat. You take my plenty is at our doorstep, but a through vastly important, are i wife’s dog.” generous use of it languishes in the ! point of time and necessity secoi umms : it The dog was left by the forlorn very sight of the supply. Primarily, ■ dary to the establishment of , student. ' this is because the rulers of the ex- sound national economy. < s ‘ J| Felines that have felt the lean- change of mankind’s goods have! “I favor as a practical policy tl , m %'pm:% ness of the depression in saucers of failed through their own stubborn-1 putting of first things first. I sha ' ® K milk and who no longer could whine npss and their own incompetence. ! spare no effort to restore wor backdoors, "Lady can you spare have admitted their failure and ab- trade by international economic r< -/ a spoonful,” coupled with ill purrers. : adjustment, but the emergency s

Student Sleuths on Great Roundup: City Cats Are Safe. The tomcat sat on tho farmyard fence and yowled out loud to his mate: ‘‘lf thev get von and me for the college lab. then there'll lie only eight.’’ —From "The Melancholy Mouser.” o t> a BY ARCH STEINEL It’s “k-k-k-kitty time at Indiana Central college and the order has gone out to co-eds and collegians in the school's biology department to bring in a tabby apiece for vivisection. On week-end leaves of absence, the pre-medical students and biologists of the school are haunting farmyard fences near their homes in the moonlight, to catch a bold mouser yapping at the fellow overhead, who is in the green cheese business. And just ten more eats are to be brought in. court-martialed, and sent to that kingdom where catnip grows on bushes and milky lakes foam at night. Must be “Foreign Cats” Ten students are expected to skin the cat,’ which has nothing at. all to do with that adolescent game played by little red schoolhouses, before March 15. if they expect to keep pace with the other students who have held night vigils. William P. Morgan, professor ot biology at the college, wants it strictly understood that Soutiitown cats and those of University Heights or. in fact, any feline within the area of Marion county, is immune from the executioner. “The rats are brought from the homes of students living outside the city. The only exception is in the

Bank Holiday Covers U. S.; New York , Illinois Join

New York Stock Exchange Closed: World Effect ~ Is Felt. (Continued From Fate One) South Dakota. Minnesota and Wisconsin, joined the holiday movement. Montana and the Dakotas previously had not been restricted. Late in the morning only Delaware was left with uncurbed banking facilities. Repercussions of New York's holiday were felt around the world. Trading in dollar exchange was suspended in London and other European capitals, and banks declined to cash dollar checks or letters of credit for American tourists and residents. Loans were advanced by banks to known customers, but thousands of Americans were left almost pennicss. just as tourists were in the first days of the World war. With banks closed the stock exchanges in New York and Chicago, as well as other securities and commodity exchanges, were left no choice but to suspend operations. Since the New York holiday was for two banking days only, today and Monday, there seemed to be reason to suppose that financial authorities had confidence that some measure -of national relief would be arranged between time of administering the oath of office to Franklin D. Roosevelt today and the scheduled resumption of business Tuesday. The Chicago holiday, however, was for three business days, and others ranged from one day upward. Much of the financial community here was taken by surprise by news late in the night that banks would not open today. Three tense conferences, one in Nc York, one in Washington, and one in Chicaeo. preceded announcement of the suspensions here and in Illinois, and those three meetings, c-nnc-ted uermit'.cntly by telephone. in'- tided most of the real financial chieftains of the nation.

Upper Left—Professor W. P. Morgan of the biology department, of Indiana Central college, and Miss Esther Bower of Greenfield discussing the bit of fur she treed for ‘‘lab'’ work. Upper Right—Miss Helen Schmidt of Terre

case of those living in the city and they're depending on friends and neighbors for gifts,” he said. "And that brought up a difficulty the other day. One of the students had been promised a gray tabby by a housewife. “ ‘lt’s my husband’s and I've been wanting to rid myself of her. Come on down and get her,’ she told the student,” Morgan related. The student, Morgan explains, went to the housewife's door and knocked. A man answered the door. The student explained the mission. "No, you’re not.” retorted the man—who happened to be the husband—“it's my cat. You take my wife's dog.” The dog was left by the forlorn student. Felines that have felt the leanness of the depression in saucers of milk and who no longer could w 7 hine ! at backdoors, “Lady can you spare a spoonful,” coupled with ill purrers. form the bulk of the pussies that j bow 7 to science’s call. Pastor Presides at Rites And the execution is painless and not without benefit of clergy, for Elmer Brown, student pastor, who preaches Sundays at the Gray Friends church, north of Indianapolis is the monitor of the chloroform bottle. The school’s biologists have their pet ideas about cat-hunting. For instance, Miss Esther Bower of Greenfield loves kitties and wouldn't think of “snatching” a yellow 7 cat for a trip to the laboratory. “Mine will be maltese or just plain alley,” she says. In turn Junior Wilson of Wabash has killed his bad luck for the rest of his life if the black cat he brought in is to be taken for the omen of his fortune. Morgan and his class decry the theory of a cat having nine lives. “If they had, I'd live to a ripe old age for all the cats I’ve killed,” the professor says. He explains that, according to | law 7, a cat is nonexistent and, consequently, not recognized as even being alive. But the professor's classes have had easier times in getting their quota of tabbies than the 1933 class. He says he’ll never forget teach- | ing for Indiana university at Winona lake and how 7 the tow 7 n marshal always was the retailer of felines to his class. “The housewives either kept their cats inside the house or a bell around their neck if they didn't w 7 ant the marshal’s cat-like eye to ! operate,” Morgan said. Indiana Central's cats will be thp center of the biology department’s workaday for the next six weeks. Butler university uses fish and Indiana university, due to the protest of housewives, has resorted to : other vertebrate animals.

■TEX' GUINAN ROBBED OF $40,000 IN GEMS ‘Gimme,’ Says Gunman, ‘And I Did,’ Relates Night Club Queen. CHICAGO. March 4. Thn e bandits gave the “little girl"—Texas Guinan herself—a “big hand’’ today when they robbed her of $40,000 in jewelry and a $2,700 fur coat in front of the Lake Shore hotel. Valuation of the jewelry was Tex’s and so were the details. Police said they were convinced. “I was coming home from the Frolics where I am now enforcing a moratorium on dull care and other troubles." said the night club queen, “when three men in a green coupe pulled up to the curb. Two got out and pushed ugly little pistols into ir v side. “They said ‘gimme.’ and I did." Police learned of the holdup through Ralph Gilette, official of the Frolics, a night club on the south side. The holdup occurred while thousands of office workers, many of whom had not heard that a bank moratorium had been declared during the night, were on their way into the loop to work. WIDOW OF POLICEMAN IS CLAIMED BY DEATH Mrs. Anna Scribner, 72, to Be Buried Monday at Holy Cross. Funeral services for Mrs. Anna Scribner. 72. of 918 Roache street, who died Friday in the Methodist hospital, will be held at 9 Monday in Holy Angels church. Burial will be in Holy Cross cemetery. Mrs. Scribner contracted pneumonia after she was injured when her hand and arm were caught in a clothes wringer. Mrs. Scribner was the widow of Albert Scribner, who served many years on the Indianapolis police force. He died in August, 1932, after fifteen years’ duty at the city hospital. Mrs. Scribner was born in Madison and came to Indianapolis as a young woman. She had lived at the Roache street address more than fifty years.

THE INDIANAPOLIS TIMES

Haute turning over her catch to the pastor-execu-tioner, Elmer Brown of Noblesville. Lower Left—•• Treed,” or “The Last Meow, 7 ’ might be the title of this scene in the back yard of a friend of the college student-s.

Face Future With Hope, Is Appeal of Roosevelt

(Continued From Fage One) en by no plague of locusts. Compared with the perils which our forefathers conquered because they believed and were not afraid, we still have much to be thankful for. “Nature still offers her bounty and human efforts have multiplied it. Plenty is at our doorstep, but a generous use of it languishes in the very sight of the supply. Primarily, this is because the rulers of the exchange of mankind's goods have failed through their own stubbornness and their ow r n incompetence, have admitted their failure and abdicated. Money Changers Indicted “Practices of the unscrupulous money changers stand indicted in | the court of public opinion, rejected by the hearts and minds of men. “True they have tried, but their efforts have been cast in the pattern of an outworn tradition. Faced by failure of credit, they have proposed only the lending of more money. Stripped of the lure of profit by which to induce our people to follow their false leadership, they have resorted to exhortations, pleading tearfully for restored confidence. They know only the rules of a generation of self-seekers. “They have no vision, and where there is no vision, the people perish. “The money changers have fled from their high seats in the temple of our civilization. He now may restore that temple to the ancient truths. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit. “Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the chase of evanescent profits. “These dark days will be worth all they cost us if they teach us that our true destiny is not to be ministered unto, but to minister to ourselves and to our fellowmen. Wealth Not Success Standard “Recognition of the falsity of ma- ; terial wealth as the standard of I success goes hand in hand with i abandonment of the false belief that public office and high political position are to be valued only by the standards of pride of place and personal profit; and there must be an end to a conduct in banking and in business which too often has given |to a sacred trust the likeness of ! callous and selfish wrongdoing. “Small wonder that confidence | lanquishes, for it thrives on hon- | esty, on honor, on the sacredness of obligations, on faithful protection, on unselfish performance; without them, it can not live. “Restoration calls, however, not for changes In ethics alone. This nation asks for action, and action ; now. “Our greatest primary task is to put people to work. This is no un- | solvable problem, if w 7 e face it wisely and courageously. It can be accomplished in part by direct recruitI ing by the government itself treating the task as w 7 e would treat the emergency of a war, but at the ! same time, through this employment, accomplishing greatly needed projects to stimulate and reorganize the use of our natural resources. Must Use Land “And in hand with this, we frankly must recognize the overbalance of population in our industrial centers . and, by engaging on a national scale in a redistribution, endeavor to provide a better use of the land for those best fitted for the land. “The task can be helped by definite efforts to raise the values of agricultural products and with this the power to purchase the output of our cities. It can be helped by preventing realistically the tragedy of the growing loss, through foreclosure of our small homes and our farms. It can be helped byinsistence that federal, state, and local governments act forthwith on the demand that their cost be drastically reduced. “It can be helped by the unifying of relief activities which today are often scattered uneconomical and unequal. It can be helped by national planning for and supervision of all forms of transportation and of communication and other utilities which have a definitely public character. “There are many ways in which it can be helped, but it never can be helped merely by talking about it., We must act. and act quickly. Must Supervise Banking Finally in our progress toward a resumption of work, we require two j safeguards against a return of the evils of the old order; there must be a strict supervision of all banking j and credits and investments; there ! must be an end to speculation with j other people's money, and there must be provision for an adequate but sound currency. 7 These are the iines of attack. I, presently shali urge upon a new]

! congress, in special session, detailed | measures for their fulfillment, and j I shall seek the immediate assist- | ance of the several states, j “Through this program of action, | w 7 e address ourselves to putting our ! own national house in order and making income balance outgo. Our | international trade relations, | through vastly important, are in ! point of time and necessity secondary to the establishment of a | sound national economy. “I favor as a practical policy the putting of first things first. I shall ! spare no effort to restore world I trade by international economic readjustment, but the emergency at home can not w 7 ait on that accomplishment. “The basic thought that guides j these specific means of national reS covery is not narrowly nationalistic. | It is the insistence, as a first conj sideration, upon the interdependence of the various elements in and parts of the United States—a recognition of the old and permanently important manifestation of the American spirit of the pioneer. “It is the way to recovery. It is the immediate way. It is the strongest assurance that the recovery will endure. Respect Other's Rights “In the field of world policy, I would dedicate this nation to the policy of the good neighbor the neighbor w 7 ho resolutely respects himself and, because he does so, respects the rights of others—the neighbor who respects his obligations and respects the sanctity of his agreement in and w 7 ith a world of neighbors. “If I read the temper of our people correctly, we now 7 realize, as w T e never have realized, before our interdependence on each other; that we can not merely take, but we must give as w 7 ell; that if w 7 e are able to go forward, w 7 e must move as a trained and loyal army, willing to sacrifice for the good of a common discipline, because without | such discipline no progress is made, no leadership becomes effective. “We are, I kndw, ready and whiling to submit our lives and property to such discipline, because it makes possible a leadership which aims at a larger good. “This I propose to offer, pledging | that the larger purposes will bind upon us all as a sacred obligation j w 7 ith a unity of duty hitherto evoked only ir time of armed strife. Assumes IT. S. Leadership “With this pledge taken, I assume unhesitatingly the leadership of this great army of our people dedicated to a disciplined attack upon our common problems. “Action in this image and to this end is feasible under the form of government w 7 hich w 7 e have inherited from our ancestors. Our Constitution is so simple and practical that it is possible alw 7 ays to meet extraordinary needs by changes in 1 emphasis and arrangement, without : loss of essential form. “That is w ? hy our constitutional | system has proved itself the most | superbly enduring political mechani ism the modern w 7 orld has produced. It has met every stress of j vast expansion of territory, of for- \ eign wars, of bitter internal strife, of world relations. “It is to be hoped that the normal balance of executive and legislative authority may be wholly adequate to meet the unprecedented task beI fore us. “But it may be that an unprecedented demand and need for undelayed action may call for temporary departure from that normal balance of public procedure. May Ask Broader Powers “I am prepared, under my con- ' stitutional duty, to recommend the measures that a stricken nation in the midst of a stricken w T orld may require. These measures, or such other measures as the congress may build out of its experience and wisdom. I shall seek, within my constitutional authority, to bring to speedy adoption. “But in the event that the congress shall fail to take one of these two courses, and in the event that the nation emergency is still critical, I shall not evade the clear course of duty that will confront me. •‘I shall ask the congress for the one remaining instrument to meet : the crisis—broad executive power to wage a war against the emergency, J as great as the power that would j be given to me if we were in fact; invaded by a foreign foe. •"For the trust reposed in me, I will return the courage and the devotion that befit the time. I can do no less. “We face the arduous days that lie before us in the warm courage of national unity; with the clear consciousness of seeking old and precious moral values; with the clean satisfaction that comes from the stern performance of duty by old and young alike. We aim at the assurance of a rounded and perir.anept national life. “We do not distrust the future of I

STATE SENATE GRAPPLES WITH CLOSING JAM Toil to Unravel Scramble. Pull Favorite Bills Out for Action. RY MILLER HAMILTON Another busy day. with members attempting to pull favorite bills out of the last-minute jam. faced the senate today as the session of the seventy-eighth assembly convened for the next to last day. Acting swifly and smoothly all day and part of Friday night, the senate put through twenty-two new acts, one of which terminates the office of Samuel Montgomery, Republican. Marion county inheritance tax assessor, and gives the power to appoint his successor to Governor Paul V. McNutt. Montgomery had held the job fourteen years. This action leaves only two Republicans holding office in Marion county. They aree Robert A. Hathaway, inspector of weights and measures, and Fred T. Gladden, county §chool superintendent, whose term expires next August. A bill to eliminate Hathaway now is pending in the senate. Capstone to Program Action of the house bill giving the Governor full pow 7 er to transfer state funds from one department to another is expected in the senate today. Administration senators say it is the capstone for McNutt’s fiscal program. Duties to fix state tax levies, under terms of the bills, are taken from the state tax board and vested in the Governor's newly-created treasury department. One of the few setbacks experienced by McNutt forces came late Friday when a bill to make primary elections optional, instead of mandatory, was lost by a close vote. Albright Stands Firm Senator Alanson L. Albright (Dem., Cayuga), elections committee chairman, had been pigeon-holing this bill for several weeks, and had lined up support chiefly among senators from the smaller counties. Senator AndersonKetchum 'Dem., Greensburg), McNutt floor leader, attempted to get the bill passed, claiming it was another step in the administration's economy program. Albright, joined by other supporters of the primary system, stood firm and defeated the measure by voting favorably on a motion to indefinitely postpone.

BANKS TO ASK STATE HOLIDAY Clearing House Will Get Resolution Today for Moratorium. (Continued From Page One) touch with Washington seeking to determine whether he might dip into reserve funds to handle these checks and those of government employes who retained checks from Thursday’s pay. The Postal Savings bank was jammed throughout the morning with depositors. Extra receiving windows were put into action and the line of depositors blocked the first floor corridor. Buying in neighborhood and downtown stores spurted when the first- of the thousands of pay rool checks were turned into cash. Week-end supplies were being bought from stores. Taking cognisance of acute banking conditions, the Indiana senate adopted a resolution asking congress to pass necessary laws to protect depositors. Resolution Is Passed Full text of the resolution is: “That for the purpose of restoring the confidence of the people in the financial institutions of the country, of bringing money out of hiding, and o restoring prosperity to the industries and agricultural interests of the country, the gen- | eral assembly of Indiana hereby memorializes congress to enact into law the Steagall bill, now pending j •in congress, or some similar bill de- ■ signed to guarantee repayment to depositors of money left on deposit in banks and trust companies of j the country.” The senate resolution immediate- j ly was sent to the lower house for j concurrence. Majority of the city’s business firms had made arrangements with their banks during the week whereby their pay roll checks would be | honored today. Effect of the 5 per cent with- i drawal limitation was not being felt at offices of the internal revenue department in the federal building, officials said. Want Certified Checks The office was flooded Friday with j a steady stream of federal income j taxpayers, most of whom paid their ; tax with cash, it was reported. In-! come tax reports must be filed by | March 15. No checks in payment of prop- 7 erty and real estate taxes will be accepted, unless certified. County Treasurer Timothy P. Sexton announced today. This ruling was made, Sexton said, because of the withdrawal limit. Taxpayers have until May 6 to pay the spring installment of taxes. Large sums of money have been made available locally and throughout the state in the last two weeks by the Indianapolis Federal Home Loan bank, it was announced by Fermor S. Cannon, chairman. essential democracy. The people of the United States have not failed. In their need, they have registered a mandate that they want direct, vigorous action. “They have asked for discipline and direction under leadership. They made me the present instrument of their wishes. In the spirit of the gift, I take it. “In this dedication of a nation, | we humbly ask the blessing of God. May he protect, each and every one of us. May .he guide me in the days to come.” i

It 's a Lark America Tackles Banking Tangle Like Boy on a Holiday.

A MERICA tackled panic today with the same sort of earnestness it gives to a jigsaw puzzle. Bewilderment rather than fear was the ruling denominator. And there were as many ingenious ways contrived to carry on business and the routine of every-day living as there are ideas as to where a skyblue pieces in a jigsaw puzzle belongs. None denied that the nation is in an emergency. None seemed to think it would last long or that it was a serious as painted. Firms forgot precendent and paid employes in cash, or extended credit after a history of rash trading. Courts postponed ailmony payments and speeding fines. Churches didn't I pass the collection plate at Lenten I gatherings. CHICAGO, March 4.—Marshall Fields, the world's second largest department store, was prepared for ; the emergency, with a large amount of cash in its safes. Ninety per cent of its business was on a cash basis. Plans were to pay employes in cash, MADISON, Mis.. March 4 Shortage of funds caused cancellation of a scheduled lecture by Professor Auguste Piccard, Belgian scientist, and a concert by Fritz Kreisler, violinist, at the University of Wisconsin. By United Press FORT WORTH, Tex., March 4. Grant Withers, movie actor, pawned a bag of golf clubs here Friday in order to complete a trip to Chicago. Aii automobile breakdown in Arizona left Withers short of funds. His offices wired mon£y to him but it came in the form of a bank order, j Since all banks were closed, the actj or offered his automobile as security for airplane passage. There were no bidders. The golf clubs saved the day. By Vnitril I'rrss CALEXICO, Cal., March 4, -The Mexican silver peso was being used widely as currency in this bordn town today because of the money shortage entailed by California's three-day banking holiday. By l niled Press SAN FRANCISCO, March 4. Baby's banks were being raided in California today to provide funds for the coming Sunday dinner. A man with a S2O bill was regarded as a captain cf finance. Filling stations, grocery stores, and theaters generally are extending credit to their patrons. By United Press SAN PERDO, Cal., March 4. More than $500,000 in cash was placed in circulation here Friday when Uncle Sam's payments aboard ships of the United States fleet issued semi-monthly salaries to 30,000 officers and men. By l n ileil Press DALLAS, Tex., March 4.—A chain of movie theaters here was accepting I. O. U. slips from its patrons today so that persons caught short of cash in the banking holiday will not miss their entertainment. Another group of show houses is accepting checks from its patrons. By I Hi led Press PITTSBURGH, March 4.—The steel scrap market in the Pittsburgh area is booming, regardless of bank morotaria. Quotations were given at $8 to $9 with no large „ales being made. Local traders believe the market strength may be attributed to the fact that reduced steel operations have cut down the supply. By United Press FT. WORTH, Tex., March 4. A man in a top hat and silk muffler approached a newsboy here today and asked:. “Could you spare a dime until Wednesday? You see, .son, the banks are closed and . . “Sure, that’s all right,” said the boy, handing over the dime. “Meet me right here Wednesday at the same time.” By l niter! Press PORTLAND, Ore., March 4. A SIOO-a-month Oregon clerk was virtually four times as rich today as a millionaire as a result of the threeday banking holiday. Portland banks limited withdrawals to $25, but all pay checks, no matter what the amount, were being honored at the banks. By United Press DETROIT, March 4.--Employes of the city may be paid off in grocery orders, street car tickets and telephone slugs as a result of Michigan’s bank moratorium, it was indicated today. Small checks, scrip and Canadian currency are being used widely throughout Michigan as a result oi the moratorium, now in its third week.

FIDELITY TRUST COMPANY FIRE INSURANCE INI) AI.I, OTHER KINDS M I I II THE EXCEPTION OF LII I INsIRANCE RI. 7471 148 E. Market St.

Your Your home is a sound investment. Deflation in the value of homes is far less than on average stocks and bonds or on real estate in general. After every depression the value of real estate has advanced. There has been very little building of homes in the past two years and with the return of favorable conditions, the demand for homes is certain to enhance real estate values. TTP savings & loan \ J£j I J I ASSOCIATION Member of the Marion County League 23 W. Ohio St.

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POKER-LOVING GARNER SWORN IN BY CURTIS Texan Takes Vice-President Oath as Distinguished Group Looks On. By l tilled Press WASHINGTON. March 4—John Nance Garner, one-time country lawyer with a flare for poker, today became the Vice-President of the United States. The Texan was sworn in today in the stately chamber of the United States senate before a distinguished company including President Hoover and the incoming President, Franklin D. Roosevelt. Charles Curtis. retiring Vice-President, administered the oath. Curtis took formal leave of the congress he had served for forty years. In his final speech to the senate, the 73-year-old veteran railed on congress to support the new administration in a united effort for "the economic recovery of our people and of their affairs.” Ends Historic Scries Somewhat wistfully he recalled that only one man in the present congress was here when he was sworn in in 1893. He referred to Senator Claude A. Swanson <Dem., Va.>, who is ending his capitol career to enter the incoming cabinet. Today's ceremony ended an historic series of March 4 ceremonies. Since the Civil war the senate chamber has been the quadrennial scene of the beginning of a change of administration. Henceforth, under the twentieth amendment to the Constitution the change will take place in January. As Garner promised, hand upraised, to support the Constitution there ended for him thirty years of uninterrupted service in the house which led in 1931 to his election as Speaker. New Deal Awaited The seventy-second congress ended two weary years of bickering and dissension, dying with more legislation awaiting aetion in committee pigeon-holes than' on the statute books. Within a few weeks—perhaps within a few days—the new and heavily Democratic congress will come into session to enact its chief’s “new deal.” Members of the house put cares aside for a time Friday night while usually dignified congressmen sang Pack Up Your Troubles in Your Old Kit Bag” and o her old favorites. Rules were relaxed, and the galleries joined in the singing. It was the swan song for 172 defeated congressmen and senators, swept out of office to make way for the “new deal.” Repeal Biggest Move Plagued by a wavering and slender Democratic majority in the house and by a nominal Reublican control in the senate, the last “lame duck" session in American history leaves little behind it in the way of a legislative record. Its most significant action was approval of the Blaine prohibition repeal amendment, slipped through both chambers in the waning days of the session. It also passed Philippine independence legislation over President Hoover s veto; the Couzens emergency resolution giving the controller of the currency wide powers over national banks; and the La Guar-dia-MoKeown bankruptcy and debtor relief act. However, the major portion of a once ambitious Democratic program remains over for the incoming administration to push through the special session. Refuses to Sign Bill As his last official act in office Mr. Hoover today issued a public statement refusing to sign the $1,390,900,000 independent offices bill. He declared that congress already had appropriated $161,000,000 more than he had recommended. He signed, however, the FletcherSteagall bill, providing for a moratorium of two years on federal land bank loans. He also signed the war department appropriation bill. These and other measures were placed before Mr. Hoover immediately after he arrived at the capitol for the inaugural ceremonies. 200 TO ATTEND PARLEY Annual Convention of Retail Clothiers to Meet Here. Two hundred clothiers of Indiana are expected to attend the annual convention of the Indiana Retail Clothiers and Furnishers in the Claypool Monday and Tuesday. Current taxation will be explained by Joe Rand Beckett, former state senator, at the opening session Monday afternoon. A merchandising exposition showing the various modes in men's wear will be on display on the eighth floor of the hotel.