Indianapolis Times, Volume 44, Number 268, Indianapolis, Marion County, 20 March 1933 — Page 12
PAGE 12
BIG BANKS TO BATTLE SMALL OVER REFORMS Branch System Proposal to Be Important Issue in Change Plans. Fnllnwinr U the .frond of a rrir. of >torir. dealin* with impending banking reform.. BY RAYMOND CLAPPER United Pr. Staff t'orre.pondrnt tConvriaht. 1933. bv United Prcssi WASHINGTON, March 20. - Prompt action to prevent a recurrence of the recent banking crisis and to stop speculative abuses is to be sought at the present session of congress by President Franklin D. Roosevelt. He has made known that he will seek action before congress recesses. Exact recommendations apparently have not been decided upon. Without waiting lor a perfect, all-inclusive ideal plan, President Roosveelt is prepared to move step by step, plugging up gaps now and continuing later the further task of general permanent legislation. Big and Small to Clash Senator Robert J. Bulkley Dem., O i, after conferring with the President, speculated that the Glass banking bill would be the basis of “reforms.” One of the main features of this bill is the provision to extend branch banking. Many believe that „his issue will be one of the first to come up. Another important provision would require commercial banks to drop their bond and stock selling affiliates. The branch banking fight will provoke another historic clash between Wall Street and Main Street. Wall Street Wants Change The issue is the small, neighborhood, independent corner bank, as against, the giant city bank reaching out through its branches into smaller communities. Wall Street—and most federal authorities and many students of banking and economics as well—wants banks brought into the federal reserve system, with banking highly centralized in a small number of giant banks operating through branches. Main Street—and many of its senators and congressmen—resentful of the implied reflection on the capabilities of neighborhood banks, retorts that big city bankers have caused most of the trouble by fancy financing, JESSE M. GASTON. EX-BANKER. DIES Funeral Services Ate Held Today in Home. Funeral of Jesse Minor Gaston, former president of the Forty-sec-ond street State bank, w r ere held today in his home, 4230 Broadway. Burial will be in Westport. Mr. Gaston, one of the organizers of the Marion County State bank, died Saturday after a long illness. He had been retired three years. SHOT: HELD PRISONER Police Probe Wounding of Man Who Says He Did Not See Assailant. Roy Smith. 42, of 2025' a West Vermont street, suffering from shotgun wounds in the left arm and side, is held prisoner today at city hospital pending outcome of an investigation of the shooting by police. Police were called to the Vermont street address on a report that a man was ill. They found Smith, who said a person he did not see, shot him while he was walking on the Rockville road near the city. Smith said he had called on a woman friend near the scene of the shooting and deciding not to wait for a bus to go home, started walking. 8,000 Invited by Grocers More than 8 000 independent grocers will be invited to attend the Indiana Retail Meat Dealers’ and Grocers' Association convention April 23-25 at the Lincoln. Edgar Rugenstein, Indianapolis Retail Meat and Grocerers’ Association vice-president, is local convention chairman.
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White’s Scandals Is the Biggest Theater Buy Yet Willie and Eugene Howard, Loomis Sisters and Eleanor Powell and Fine Chorus Glorifies the Indiana. BY WALTER D. HICKMAN IT is not even a cautious remark I make when I tell you that the Indiana now is offering the biggest and best buy I have ever encountered in the movie theater. On the stage is George White's Scandals with such stars as Willie and Eugene Howard, the Loomis Sisters, Eleanor Powell, one of the best tap dancers I have ever seen and a dancing chorus that is perfection.
On the screen is Douglas Fairbanks Jr„ and Bette Davis in a melodramatic picture flickering under the title of “The Parachute Jumper.” From the standpoint of
price and the quality of the ent e r t a in m ent offered in the revue, it has never been touched or approached in a movie theater I have ever visited. And the crowds Never have seen anything like it. Ace Berry tells me that more than 3.000 people yesterday were denied admission because it was a physical imposs-
Fairbanks, Jr.
ibility to handle them. Os course the Howards are the name draws in a revue that is an institution. Willie has several wild sketches that is strictly of Broadway virtue or lack of it—like the gondola scene and the French officer burlesque. The brothers have a legitimate knockout in a satire on the high cost of justice. And, of course, the famous burlesque on opera in which Willie as a member of the quartet always panics me by the way he captures the legimate satire of the sketch. I want ..o call attention to the tap dancing of Eleanor Powell. When a girl can cause hundreds in an audience to whisper “She is wonderful," then the verdict is best said. She has youth, showmanship, rhythm and a pair of the best dancing feet in the business.
Before I forget it—don't miss the march formations of the chorus ! near the end of the .w. Perfect j work. Then take time to study the black and white number of the • chorus. Here is highly developed chorus work. Splendid. This is the show that has done so much to make the song, “Life Is but a Bowl of Cherries,” tuneful to the qar and colorful to the eye. Only George White could be relied upon to make a gem (even the comedy or the burlesque) out of this number. And the Loomis sisters. Voice, poise and showmanship—all equal a hundred per cent. There are several other effective song numbers, especially the modern treatment of the Negro spiritual number. Here is White in his most extravagant mood. And there are minutes and minutes of other things in this show of equal merit to wffiat I have pointed out. And if you have to stand, you will like it and love it, just as I did. And I stood and loved it. The movie, “The Parachute Jumper,” comes under the head of pretty comfortable melodrama. Now at the Indiana. tt tt tt The Palace this week is playing a return engagement of Jean Harlow and Clark Gable in “Red Dust.’ This movie was reviewed at length in this department when first shown at the Palace. The Ohio has extended the run of the German language picture, “Zwei Menschen,” one more day. It ends its run at the Ohio tonight.
The Ohesterficlcl Ti rORMUIA _what is it ? Th e formulas and processes which ■ make Chesterfield a milder and \ * better-tasting cigarette are secret — to prevent others from copying them / If every person knew the method and processes * jiff* Si fiSM of tanning leather, it would he of interest; but what J ; people want to know isr Is it a good shoe? Is it comfortable? Will it wxar longer? Is the price right? w So it is with Chesterfield Cigarettes. If smokers, men and women, knew all of the formulas and processes of manufacture, it would be of interest to BBM them; but what smokers really want is the result. Everything that goes into Chesterfield Cigarettes fjg| is as good as money can buy. ImMcS '**' "*"* Every process has in it all that science knows about cigarette manufacture. 'ARKft The formulas are secret to prevent others from copying them. The mildness and the better taste w|S you may prove for yourself. May we ask you to try Chesterfield? Mm - —— ** them just as fresh as : if - ou came fe y our / lJ.tasm* UnuliuaA ff
THE INDIANAPOLIS TIMES
ROOSEVELT TO FACE FIGHT ON FARMAID PLAN Some Senators Think That •Honeymoon’ Is Over With Congress. BY’ MARSHALL M'NEIL Times Special Writer WASHINGTON, March 20.—The fear that the Roosevelt experimental farm relief bill may end the administration's “honeymoon” with congress was entertained by some in the senate today. But while at least tw>o lternative plans for agricultural relief have been proposed by senators, opinion there will, not crystallize until the house acts on the measure, probably this week. This delay will permit those who oppose the bill to lay their case before senators, but it also will give Democratic leaders more time to consolidate their forces. The house agriculture committee will meet early this afternoon, and leaders believe it will report out the Roosevelt' bill with few changes. In that event, the measure can be brought to the floor Tuesday. But if plans of the Democratic leadership go through, the bill will be opened wide to amendment, and thus the Roosevelt strength will be put to an important test. Floor Leader Joe Byrns (Dem., Tenn.) has declared that after pushing through the banking and economy bills, he will not ask the house again to discard its deliberative procedure to provide farm relief. The Republican minority, which co-operated in pasting the banking and ecenomy bills,'likely will do its utmost to defeat or amend the Roosevelt form plan. Three cents a word is the cost of a Radio for Sale advertisement in the Want Ad section. RI. 5551.
Constance in Smart Play on Apollo Screen
Constance Bennett when she has a glass showcase role (meaning a wardrobe) and smart, modern so-
phisticated conversation to hand out —then Constance just is in her element. Such a role she has in "Our Betters,” which has been handled in a comedy and a satirical way. instead of heavy problem and r ama. As Lady Pearl Graystone twho does not rely upon hubby to furnish all of the necessary funds
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Constance Bennett
,to keep the wolf from the door, as well as a mob of servants in the house) Miss Bennett has a role which is much to her liking. She will dazzle you with her gowns and her rapid observations on marriage., morals and the like. Watch the work of Violet Kemble-Cooper as the duchess who never has heard that there is such a thing as a sex holiday. Here is extreme acting, but it is advanced comedy because she jumps the gutters, never spending a night in them. You will receive a grand new? w T ow when Ernest (Tyrell Davis) lands on the scene. Ernest always is ready to bake a cake or dance. Gilbert Roland is amusing as Exhibit A in the collection of lounge lizards of the Duchess. • Grant Mitchell is just right as Thornton Clay wffiose checks are not .clay. Somerset Maugham first wrote this as a play. And that is a pretty good guarantee that it is not dull. Now at the Apollo. a a * AUTHORS MUST BE EASY TO GET It only took ten authors to write “The Woman Accused.” Some of the authors used to create this story are Rupert Hughes, Zane
Grey, Vicki Baum. Gertrude Ather- ; ton and Ursula Parrott. As the movie stands, the cast I shows up in a much better light
than the literary ! cooks who created the story. And 'or the life of me, I | can’t tell yqu | where Vicki Baum started in or where the influences of j Zane Grey are felt. As this is a mystery story, I am not going to : tell you the story. The authors have supplied the confusion and an un- | real quality to the j story. The actors
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Nancy Carroll
| have given it realism and lot of
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speed. The make-believe trial scene on board the ship Is well handled by Cary Grant, Miss Carroll and John Halliday as Stephen Bessemer, best friend of the murdered man. Leo Young, played by Louis Calhem. A big whip in the hands of Cary Grant gets the truth out of one of the characters and Nancy and Cary are free to marry. The thing that really interests me at the Circle this week is the work of Mercedes and Mile. Stantone at the piano. Mercedes walks on the
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stage and Mile Stantone is blindfolded at the piano. Mercedes claims that he is not a I mind reader or a hypnotist. He walks through the audience and she plays on the command to play any * musical selection that a member of the audience is thinking of. I do not know how it is done and t I don't want to know. Here is effective showmanship and Mercedes and Mile. Stantone head the list of this style of entertainers.
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