Indianapolis Times, Volume 44, Number 272, Indianapolis, Marion County, 24 March 1933 — Page 12
PAGE 12
R. W. STEVENS KILLS SELF ON EVE OF TRIAL Aged-Father Critically III: Elder Brother Must Face Court Monday. (Continued From Page One! diverted 512.456.409 from funds of the forty-year-old Illinois Life Insurance Company, which they also controlled. The story of the Sevenses’ rise and fall assumes the pattern of the American success story, with a fourth-year-of-depression unhappy ending. For the Stevenses had built gradually. They controlled the La Salle and Stevens hotels, they owned four-fifths of the $35,000,000 Illinois Life, held a large interest in the State street department store of Charles A. Stevens & Brothers, and were co-owners of three large loop office buildings, one bearing the Stevens name. Rose to Social Prominence Jim Stevens, born of English parents in an Illinois prairie settlement, nearly eighty years ago, came to Chicago to join his brother in a small dry goods business. That was nearly fifty years ago. Within ten years Stevens had founded Illinois Life. A few years more and his sons, University of Chicago graduates, were with him in his growing real estate, hotel and insurance enterprises. Ray Stevens grew into the stewardship of Illinois Life, starting as a solicitor. On his compulsory retirement as president a few' months ago his salary was $75,000 a year, his stock holdings large. Ernie Stevens, nine years younger than Ray, finished an education in law, then became the family hotel operator. When they fell into receivership he was president of the LaSalle and manager of the vast Stevens. The Stevenses, father and son, attained social prominence. Both sons lived quietly, as did their father. Lived in Luxury Suburbs Raymond's chief interests outside business w r ere his family of four children, his golf game and his beautiful home, the Meadows, in one of the North Shore suburbs. Mrs. Raymond Stevens became the regent of the exclusive Chicago chapter of the Daughters of the American Revolution. Ernest Stevens, also the father of four children, spent most of his time away from business with his family at one of their tw’o homes, the unpretentious Colonial house in ! East Fifty-eighth street or the rambling summer home atop a wooded ; bluff at Lakeside. Mich. Only once did scandals attach to i the Stevens name. That was in j 1905 when James Stevens divorced | the mother of his two sons, Jessie j Louise Smith, w'hom he had married at 20 at Colchester, 111., before j riches came. Crash Laid to Ambition Stevens then married Alice Bradley of Chicago. They preside over the House of Stevens in a de luxe apartment on Lake Shore drive, a short block from where Samuel Insull resided, on the Gold Coast but not of it. For years the worst thing an enemy could say about the Stevenses w r as that they were ambitious The charges of conspiracy and embezzlement on which a Cook county grand jury indicted them are traceable to their ambition to build “the world's largest hotel.” To erect it, the ambitious father and sons not only were compelled to further mortgage the Hotel LaSalle, long their golden egg layer, but also to overload their insurance company with Stevens hotel securities which, after the crash, toppled to 22'- cents on the dollar. Cruise Plan Nipped In the interests of 70.000 holders of the $150,000,000 worth of policies in force, the federal department of justice and the Cook county state's attorney launched investigations. But before they had completed it, word reached their ears that Ernest Stevens had secured a passport and with his family was preparing to sail on a Mediterranean cruise. Wuh recollections of the Insull fights still fresh in mind. State's Attorney Thomas J. Courtney promptly ordered Ernest Stevens' arrest. Stevens denied his proposed jaunt was anything more than a winter vacation. Three days later, with his father and brother, he was indicted. Teacher Dies of Injuries By I nilnl rn ** FT. WAYNE, Ind . March 24.—J. E. Cc’lins. 61. instructor at Miami university, Oxford, 0., died in a hospital here Thursday from injuries received March 20 when his automobile was struck by a train at Latty, O. Colds That Hang On Don't let them get a strangle hold. Fight germs quickly. Creomulsion combines the 7 best helps known to modern science. Powerful but harmless. Pleasant to take. No narcotics. Your itrnegist will refund your money if any conch or cold no matter bow lone standing is not relieved by Creoimilsion. Advertisement.
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Ruin and Death Climax Story of Hotel Dynasty
Actors and scenes in the Chicago Stevens drama which has reached a climax of ruin and death: (1) Raymond YV. Stevens who killed himself Ihtirsdav. i2) The 3000-room Stevens hotel “world’s largest." (3) James \Y. Stevens, 70-year-old founder of the financial dynasty. (4) Ernest Stevens whose trip was nipped. (5) Seventy thousand policy holders are represented in this home of the Illinois Life Insurance Company in Chicago.
SEEKS TO COLLEGT STATE ROAD DEBTS First Step Is Taken by Deputy Auditor. Notices of money owed the state highway department by thirty counties, twelve towns and three cities have been mailed by William P. Cosgrove, deputy state aduitor, preparatory to deducting the amounts from their shares of the automobile license and gas tax collections. A bill was introduced in the last legislature to wipe out all the debts w'hich w r ere contracted through w r ork done by the highway department for the local units and paid for first by the state. The bill passed the house, but was rewritten in the senate to set up a system for retiring the debts. It slipped through and was signed by the Governor. A total of $384 937 is ow r ed by the counties, $149,529 by the towns and $18,748 by the cities. The law provides that the debtor units must be notified of their debts. With their approval, one fifth of the debts will be deducted annually from their respective shares of gasoline taxes and auto license receipts. If 20 per cent of the debt is more than one-fifth of the share due the unit, only one-fifth will be deducted annually. If officials of a debtor unit refuse to allow the deductions, the law provides that they confer with the state highway commission. If no agreement is reached, the commission is ordered to sue for the debt. Judgments will be paid off at the 20 per cent yearly rate and payments must include a 6 per cent interest charge on the principal plus court costs.
EX-CITY PRISONER BREAKS JAIL IN OHIO William Chapman One of Seven Who Escapes Cell at Dayton. William E. Chapman. 20, one of seven prisoners who escaped Thursday night from the Montgomery county jail at Dayton, 0., is be'lieved to be the same person arrested here July 19, 1929, on a charge of automobile theft. The escape was made after the prisoners smashed two bars of a jail window with a piece of pipe and bound a trusty, James Foley, 53, and several other prisoners. The fugitives had been held on charges of burglary, robbery and larceny. Missing besides Chapman are, Walter Kenney, 22; Charles Kenney, 27; Roy House. 32; Kenneth Knapp. 23; Don Street, 23, and Frank Torrance, 37.
AMUSEMENTS mm MARTENS CONCERTS, Inr. KEITH'S—Next Sun. Att. RUTH PAGE KREUTZBERG IIAXCE K FIT l \l, Popular Prices, 55c, 83c, sl.lO, $1.05, $2.20, Tax Incl. Sent* Oil Sale Martens Ticket Office 38 Monument Circle— l,l. 8921
MOTION PICTURES iggr Ein Walzer Vom Strauss Europe's Latest Hit Three Days Only Friday hmi Satimltiy. A to 11 I*. M. >un<la\ 1 to 11 l\ M. \<l mission **.<• All the* Tim#*
EST I '"’ r Til WJ‘l' H'fAlß Illinois and H Hi- c r M IUILiLm Market KJ Boris Karloff in PB 2 “THE MUMMY” |i Sallv Filers W -SECOND HAND WIFE" j Knapp in "AIR HOSTFSS li
NEIGHBORHOOD THEATERS
NORTH SIDE Talbot at Carole l ombard l.yle Talbott “ NO MORE ORCHIDS" Double Feature Richard Cromwell "THE AGE OF CONSENT" Pat O Brien "VtltTl/F.” WEST SIDE Wash. A Belmont Frederic March f'ludette Colbert "TONIGHT IS OURS” Mill Mich” St. B e ¥ Sidney ® barle* Rucrles “MADAME BUTTERFLY"
Reine Claudel Scoffs at Air Bumps in Mountains
WASHINGTON, March 24. Mile. Reine Claudel, pretty blond daughter of the French poet-am-bassador, flew back from Mexico
Starving—Jail Gets 30 Days for Poaching on Private Preserves of Rockefellers.
sis l tiifrtj f*re** Greenwich, conn.. March 24. —A young man who said he had had nothing to eat for ten days, was given a thirty-day jail sentence for poaching on the private game preserves of Percy A. and William G. Rockefeller. He gave the name of Fred Duffy and said he is 26. He was arrested Thursday by Deputy Game Warden George Bliss of Stamford, who was patroling the estates on Lake avenue, after receiving complaints from members of the Rockefeller family. Duffy, who appeared weak and emaciated, told the court that he had not eaten in ten days, and that he had been hunting for opossum when he was arrested. Becky and Sally Lanier, Greenwich society women, who are descendants of the poet. Sidney Lanier, were witnesses against Duffy. They were huntine- on the game preserve when Dully - r as arrested.
MOTION PICTURES AT lAST! THE “ROAtt B SHOW” P.CTURE ( ' 'HT m imim^ K^tswrilN mMmmm ; RALPH W h MANA MORGAN WYNYARD g THE ROYAL FAMILY OF STAGE I AND SCREEN TOGETHER § FOR THE VERY FIRST TIME Ii ■■■■■MlNMtlf "Wilt lli IWI U(WMUnM|H :■ EXTRA FE\TIKKTTES I p MICKEY MOUSE CARTOON IJ l|
THE INDIANAPOLIS TIMES
city and was greeted with a bearhug from "Papa.” The young French girl changed planes at Akron, 0., and came on as far as Pittsburgh without incident. By the time she reached that city, however, fog settled down and clouds hung low over the mountain ridges. "Better take a train here, Mademoiselle, and go back- to Washington that way,” advised air officials. But Reine was adamant. “Non, non,” she replied. “I go by the plane.” So she rode alone the rest of the way, undaunted by bumpy atmosphere, to be met by an anxious Monsieur, who peered through tortoise-shell glasses at his daughter and remarked: "Enfin, te voila!” (At last, there you are.”) APPROVE NOMINATION Ihl I llilni Press WASHINGTON. March 24.—The nomination of former Representative James W. Collier (Dem., Miss.), to the tariff commission was approved today by the senate finance committee.
PANTS—PANTS—PANTS Al,l, COLORS 1 :kJL£ B l n,, A 1.1. STYLES • P full’* as Kars:** ns You Want THE PANTS STORE CO. 46 44'est Ohio Street
MARTIN INSULL AGAIN FREE ON $5,000 BOND Hearing on Extradition Petition Is Delayed Indefinitely. By Times Special TORONTO, March 24.—Martin J. Insull is back again at his Orillia boarding house, free once more under $5,000 bail. The supreme court of Ontario indefintiely has postponed the application for his extradition to Chicago. •• Justice Kingstone Thursday refused to order the deportation of Insull on the basis of depositions taken in Chicago in support of the warrant on which he was arrested. The judge stated that he would study the depositions before he sets a date for resuming the hearings. Insull is wanted in Chicago to stand trial on charges of larceny, embezzlement and theft by bailee, in connection with the crash of the Middle West Utilities companies.
MOTION PICTURES Indiana See For Yourself Why African ; Sexplorers NEVER COME BACK! WHEELER WOOLSEY Those BIG DAME Hunters In 8 “So This Is Africa” I They turn the African jungle into a bachelor’s paradise . . • and lose their heads to a tribe of torrid Tarzanas! VINCENT LOPEZ and BAND in JJJm "Moonlight Fantasy" 111 RUTH ETTINC in ///W W 25c She JL Ti AIt(M ( Mj ED RESENER
WOULD YOU GIVE FOR A REAL |||j| A CIRCLE and you can J J : mink Balcony Ik —-L! ,ne F\r Il'Cr, Main lorni pwtebtion. s^r 8 ALISON SKIPWORTH “ ROLAND YOUNG <;*;=,■• SARI MARITZA • Tra '' sl °°"
PRAISES STATE LAW PROTECTING JOBS FOR NEGRO National Leader Expresses Appreciation to McNutt for Measure. Current novels and plays, dealing with Negro problems and emotions, are having an outgrowth in legislation for Negroes. Miss Mary White Ovington believes. Miss Ovington. one of the original founders of the National Association for the Advancement of Colored People, visited Governor Paul V. McNutt Thursday to express appreciation for the passage of the bill which prohibits discrimination aganst Negroes in state work. State Law Is Praised “The law is highly satisfactory from the standpoint of the national association," Miss Ovington said. “Indiana is the first state to pass such legislation. It is the desire of the national association this year to secure for the Negro his share ( of the public works program, in naj tion. state, and city.” Miss Ovington, herself an author. ! feels that public understanding of ! the Negro race can be gained by books written during the last few years which bring a better understanding of Negroes. Visits Negro Schools Here “The best illustrations of literature of this kind I think are ’The China Berry Tree,’ by Fauset, and Paul Green's play, ‘ln Abraham's Bosom,’ ” she said. Miss Ovington has visited the
II Tjl.'l-f I'm '.iii.liilsn. ft 1 TONIGH T!~]j I Continental I | Syneopators | ■ Floor Show 10:15 P, M. H ||j 35c All Evening
Negro grade schools during her stay here, and finds them examples of fine educational institutions. She was strong in her praise of primarywork. especially of that done in School 26, which was the subject of a chapter in John Dewey's book "Schools of Tomorrow. " “The results of W. H. Valentine's
tLOOK What $1 BUYS MEN’S EXTRA HEAVY Hollar Do WOMEN'S FANCY PUMPS . . STRAPS . . AND N ° VELTY 1 ’ CHILDREN’S STRAP SLIPPERS OXFO^ MERIT'S THRIFT SHOF. STORE Cor. Wash. & Meridian Sts. Merchants Bank Bldg. . . Downstairs. SHOE MARKET THRIFT SHOE STORE 332 Y\'. Washington St. 1108 Shelby St. FAMILY SHOE STORE THRIFT SHOE STORE 132 E. Washington St. 930 S. Meridian St.
Alfred E. Smith refers to the WORLD ALMANAC ffia.'lliriM'lllllll 111 llll,w<.nn sidimjjsr And you will find it in the World Almanac because thi* a thousand books a million facts condensed into one handy Nation’s leaders in every field slze fi ulc k reference f ... . an indispensable aid at home at of activity . statesmen, edu- school, or at your office cators, lawyers, journalists, editors and government officials, Irs , v * lue ca . nnot be me l fsured _ .. ~ ’ in dollars and cents, yet the cost commend the World Almanac, is so low any one can afford it America's greatest Reference Now on sale at newsstands and Bogle, bookstores Only 60c per copy for heavy paper cover $1 00 per' Alfred E. Smith, ex-Governo, '° Py ‘ or c . ,oth /1 b l | ndin ß: 1 °r . .. ~ , ’ _ . may be ordered by mail directi of New York and Presidential Send 10c additional for wrapnominee in 1928, said recently in ping and postage Address the an interview, “Well, if you look World Almanac, 125 Barclay ,, Street, New York City. Published at the w orld Almanac you will by the New York World-Tele Kind gram. The Indianapolis Times* A Scripps-Hoiva rd Newspaper
AMUSEMENTS F3SU ii /y|EICCE^BETI|gAitmTK^ it ItUhliAFf U CfJtfM ~. _ BIDDY KANE - : AND A CAST OF r 40 People 40 "i \ ' 20 HAND-PICKED BEAUTIES ON C"*i I// A MiEWIUUIKNATEORUNWAY , /
MARCH 24. 10.2
ideas, originated in Indianapol twenty years ago. are to be seen the Indianapolis Negro schools." sfc said. Valentine, a Harvard graduate, is now an instructor in aNegro boarding school in Bordentown. N. J. The Crispus Attucks high schon] was visited by Miss Ovington today.
