Indianapolis Times, Volume 44, Number 285, Indianapolis, Marion County, 8 April 1933 — Page 2
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U. S.CONTROL OVER RESERVE BANKS LIMITED Common Theory of Federal ‘Ownership’ Is Erroneous. By \ FA irr FT. WORTH. Texas, April f . —A j scramble of banks to get under the protecting wing of the federal reserve system directly affects every American. Yet the system is widely misunderstood. And no wonder. It is called “federal,” though Uncle Sam doesn't own its banks. It is called a “system.” though each of the twelve reserve banks is an independent organization, united only by the influence and partial control of a federal board in Washington. | The idea of the federal reserve j banks is simple. A federal reserve i bank doas for its member banksalmost exactly what an ordinary) bank does for its customers. John Smith, thrifty citizen, hav- 1 ing saved up a little more cash than he needs at the moment, goes to his bank and deposits it. It isn't much, but the surplus cash ' of thousands of Smiths, pooled together in bank deposits, give the bank great sums to lend out to responsible men who want the money to serve business needs. Pools Surplus Cash A federal reserve bank does the same thing for its members. It receives and pools the surplus cash funds of its member banks, collecting these into reservoirs of cash and credit. Each member must keep there from 7 to 13 per cent, of its deposits. These reservoirs then may be tapped by loans, by member banks when they have nped, just as John Smith may withdraw deposits or get a loan from his bank. All national banks had to become members, and any state banks above a certain capitalization could join if they met certain requirements. Such banks in each district formed their federal reserve bank, each bank subscribing to stock equal to from 3 to 6 per cent of their own capital stock. Thus the member banks own the reserve banks. Pay Franchise Tax But they do not entirely control them, nor do they g°t all the profits from them. They may receive 6 per cent on the federal reserve stock they hold. Profits above that are added to the reserve bank's surplus until that surplus equals its capital. After that, a tenth of such profits are added to surplus and the remaining profit, goes into Uncle Sam's treasury as a franchise tax. Uncle made $2,000,000 that way last year. Since the member banks own their federal reserve bank, they elect its directors; that is, they elect six out of the nine, the other three being appointed by the federal reserve board in Washington. That is where Uncle Sam and the "federal” part come in. The twelve widely separated banks are co-ordinated by an eight-member federal reserve board in Washington. President Names Board The secretary of the treasury is always chairman and the comptroller of the currency is a member. The president appoints the other six “by and with the advice and Consent of the senate." It is this board and its influence on the reserve banks that makes "the federal reserve system.” The board makes no loans itself; it has no money. Its principal control is because it must approve the “rediscount rates” established by the reserve banks. “Rediscount” is not as myterious as it sounds. Let's say John Smith is a grocer. He wants to buy 100 barrels of flour. He hasn’t the money. But he is known to his bank as an honest merchant who pays his debts. His bank is glad to lend him the money, taking his short-time note. Pledges Notes for Loans But let’s say the bank just at that j time is having a lot of other re- j quests for loans; so many that it! hasn't itself the cash to grant them all. The bank, too, must borrow. Being a federal reserve member. I it takes Smith's note and others on which it has already loaned money, to its federal reserve bank, and | pledges them for a loan. If the reserve bank, on examining the notes, decides they meet the re- j quirements of the law, it makes the I loan. That is a "rdiscount." and the rate the reserve bank charges for that loan is the “rediscount rate,' i uniform in each district, and ap- 1 proved in Washington. Issue New Currency But “rediscounting,” or loaning j to members, is not all that goes on in a federal reserve bank. You will find them issuing to member banks new currency when the business situation demands, as during the j recent crisis, against reserves and legally-specified collateral. You will find them retiring this currency, sorting, counting, destroy- j ing. or replacing it when it comes back to them from member banks, j thus regulating the supply of currency. You will find them acting for the; government in selling and buying; in again its bond issues and other; securities. The groat World war loans were floated through the re-; serve banks. Influence Interest Rates You will find whole floors devoted to fast clearance of inter-city checks for members. You will find them buying up government bonds, bankers’ acceptances and bills in the open market, not for speculation, but deliberate- j ly to affect the supply of available, credit. ‘LAMBURGERS’ IN STYLE Unemployed Salesman Popularizes a New Sandwich in Texas. By United Press SAN ANTONIO. April B—Buddie King, once an unemployed salesman is whipping the depression by j popularizing '’lamburgers," a toasted sandwich made of lamb instead of , hamburger meat. Now his recipes are in demand throughout west Texas and his thriving business has the support of the “Eat More Lamb Club."
WIFE ‘SQUEALS;’ SAVES MATE
Husband Rescued From Penalty Meted to Rum Ring
Storle* stranger than Action repose in Ihc archived, and the memories, of Vnele Ssm'a Coast Guardsmen. Here is one—revealed In the second of six article* on "Running In the Rum Runners." BY MORRIS GILBERT, NF.A Service Writer April 8. ’ * “Plant” and double-cross, fake “steer" and ambush—so runs the tangled tale of liquor enforcement. In enforcement headquarters here they tell the story of Captain Jim Turner of the sixty-foot auxilary ketch Marie Louise. A girl stood at a desk in the New Orleans customs house—the prettiest who ever had entered
that somber building. Her eyes were brown. and enormous, and there were tears in them, perhaps of fright. “I w r ant to tell about Captain Turner,” she said. “He's running
liquor.” “So?” Inspector Davis leaned forward. "What Captain Turner is that?” She seemed to hesitate. Finally she said: “Jim Turner. He’s the captain of the Marie Louise. He came in today from British Honduras with a thousand cases of Scotch.” “How r do you know so much about it?” “I should know,” she retorted. “He’s my husband.” Ban SOMETHING of that sort of thing happens, and it’s no duty of the law to inequire too deeply into t.he reason for it. Usually it’s money. Informers are entitled to 25 per cent of the value of seizures made through their information. But money didn’t seem to be the reason in this case. The girl appeared surprised to learn about that. Even then, it didn’t particularly interest her. Davis was puzzled. If her story was correct, it was enough to act on. Also—the Mississippi delta below New Orleans being a place where many sinister things can happen—-maybe it was a “plant.” The inspector suspected something of the sort. He and his men had been targets for rum-running bullets more than or/e. Never, indeed, at the invitatyon of such a pretty girl. Anyhow, he took her name—which was Marie Louise Turner —and told her to come back with more facts. Just where the liquor was cached, for instance. U B B OUTSIDE, standing in the doorway of the customs house, Marie Louise paused, irresolute. More information, the inspector wanted. She wTinkled her pretty brows.
REWRITE 'GAG' BILLINSENATE Censor Measure Now Would Exempt Newspaper From Penalties. By Scripps-H award Xeu spa per Alliance WASHINGTON. April B.—Tentatively revised to exempt newspapers from its former sweeping penalties, the so-called “gag bill” to protect code messages of foreign governments has been turned over in the senate to a subcommittee of the foreign relations committee, consisting of Majority Leader Robinson of Arkansas, Connally of Texas and Borah of Idaho, for redrafting. Chairman Pittman of the senate foreign relations committee has indicated clearly that if the bill is reported out it will be reduced to
Care Needed in Planting for Canning Vegetables
This is the elventh of a series of articles on vegetable gardening. BY IV. R. BEATTIE Bureau of riant Industry. I*. S. Department of Agriculture. /“TANNED and stored vegetables are seldom as attractive or of as good quality and flavor as those fresh from the garden, but a great deal depends on how the canned and stored vegetables are grown. Many gardeners make special plantings of corn, tomatoes, beans, and peas for canning; others de-
pend upon utilizing the surplus from the plantings made for summer use. The same is true as regards storage, but the best quality of the stored product can be obtained only by growing special crops for that specific purpose. Tomatoes may be considered an exception to the rule that fresh
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W. R. Beattie
products are better than canned, but here again a great deal depends on the quality of the tomatoes when they are canned. Great improvement in the varieties of vegetables used for canning has taken place the last few years, and growers and canners alike have come to realize that canning does not improve the product, and that you can not get a better product out of the can than you put into it. The time for making the main planting of tomatoes for canning varies with the different regions. Although it does not normally pay to plant house-grown plants for canning tomatoes, the crop that can be grown as second-early will often give the best canning quality. In somf localities a late crop of tomatoes gives the best quality,
Then, suddenly, she screamed. A big man in sea-faring clothes closed a steely fist around her arm. “Jim!” she gasped. “What you been doing in there?” he demanded. She didn’t answer for a minute. “Funny I just happened to come along, aint it?” he said. There was menace in his voice . . . But just to show that you never can tell—where liquor traffic is concerned—fifteen minutes later Marie Louise and Captain Jim Turner stood side by side in front of Customs Inspector Davis’ desk. Jim was speaking—- “ You see. Inspector, I was walkin’ down the street when I happen to run into Marie Louise. She was cornin’ out of here, and I says, ‘What you been doin’?’ And she answers me—‘Jim, I just informed on you! ’ ” The inspector nodded to the official who had tiptoed quietly up behind Jim. Just as well make sure— Tlie “frisk" revealed nothing. Jim had no gun on him. B B B "QHE told me—” Jim was speaking again in his slow southern drawl — “that she had to make good. She said you told her to. Inspector. So I says to her—‘Well, Marie Louise, I’m goin’ to help you. If the inspector wants you should make good, I'll do all I can to help!’ ” It didn’t seem to make sense. Even the height of southern chiv-
the proportions of a measure designed to punish anyone convicted of stealing or selling an official code or publishing such a document. crowTng~pest“curbed Rooster Put on High Perch to Handicap His Activities. By United Press April 8. An expert at making April 7.—An expert at making roosters keep quiet, during those early morning hours, is the qualification of officer E. W. Teater. Officer Teater has been called upon several times to still the voices of the barnyard alarm clocks and thereby enforce the anti-noise ordinance. The system officer Teater uses is to have the loud-mouthed rooster placed on a perch near the top of the chicken house so he can not straighten up. A rooster needs plenty of room in which to do his crowing, officer Teater said.
while in some of the more northern sections there is no choice, as only one planting can be made. Corn Can Be Canned Sweet corn is another garden crop that can be kept for winter use only by canning or drying. Here again time of planting and the variety planted has much to do with the quality of the canned or dried product. Sweet corn that matures quickly during the most favorable growing weather gives the best quality, but much depends on the corn being selected and canned at exactly the right stage of maturity. Many regard the variety known as Country Gentleman as'best for canning; others prefer a yellow sweet corn such as Golden Bantam, or a large grained white corn such as Evergreen. Regardless of variety it usually pays to make special plantings primarily for canning, and arrange to do the canning at the time when the corn is in prime condition and before the grains become too hard. Beans for Canning Beans are another of our important canned vegetables and here again the way the crop is grown and the stage at which the pods are canned has everything to do with the quality of the canned product, although the best beans on earth can be spoiled in the canning. Vegetables for storage cabbage, turnips, carrots, beets, parsnips, salsify. and several others—all require good treatment and proper growing in the garden to make good storage products. Too often gardeners depend on the residue from their summer vegetables as a supply for winter storage. Occasionally the remainder of the summer crop may be crisp and tender and suitable for storage, but the chances are they will be tough and woody and fit only to be fed to livestock. NEXT: Keeping’the garden busy.
THE INDIANAPOLIS TIMES
alry doesn’t require a man to help his wife “make good” in betraying him to the law for smuggling. But like so many puzzles, the answer was simple—once you know it. “You see, Inspector,” Jim explained, “things were pretty bad for me this winter. I couldn’t seem to get any cargoes for the Marie Louise. Couldn’t seem to keep going. So when they promised me a thousand bucks for bringing up a load from Belize, I .lumped at it. And now they’ve run out on me. I can’t collect the money. Marie and I had a fight about it before I started—she told me I was a fool to get mixed up with liquor and she warned me no good would come of it. Well—” the young skipper nodded sagely— “she’s right, I guess.” B B B SUCCESS in police work depends greatly in knowing whom you can trust—and when. Maybe it’s instinctive. Anyhow, Inspector Davis instantly made up his mind to trust Turner. The man looked honest enough. He had sailed his little boat in ballast down to Belize—six days—and back again loaded—eight days more. He had paid out money for his crew, for provisions, for fuel. The sum of SI,OOO was mighty little for the voyage, particularly as he brought back a thousand cases. And now he had been double-crossed, and was burning up.
FORMER GANGSTER
Rev. Louis D. Hill On Sunday night at the First United Brethern church, the Rev. Louis D. Hill, former Chicago gangster, will open a revival. He will speak nightly with the exception of Saturday nights until April 30. HERE’S A QUEER QUIRK This Is a Neat Example to Figure Out With Your Calendar. By United rress PORTLAND, Ore., April 8. you’re one of those people who are always figuring out intriguing instances with a calendar or clock here’s another: At 3:33 p. m., Friday, March 3, the date was—“3-3-33-3:33”—0r the 33rd minute of the 3rd hour of the 3rd month of the 33rd year. And the next time such a time will be repeated on our present calendars is 100 years hence. Grasshoppers and bees develop their sex after birth.
The Proper Care Your animal pets can’t talk and ask you for proper food, care and attention. All the more reason why you should have accurate and complete information on how to treat them and how to care for them. Our Washington Bureau has ready one of its packets of bulletins covering care, feeding, diseases, treatment and other information about all kinds of pets. The titles are: 1. Care of Dogs. 5. How to Keep Goldfish. 2. Care of Cats. 6. Guinea Pigs. 3. Bird House Building. 7. Homing Pigeons. 4. Care of Canaries. 8. Raising Rabbits. A packet cotnaining these eight bulletins will be mailed at your request. Fill out the coupon below, inclose the required amount and mail as directed: CLIP COUPON HERE Dept. Q-12. Washington Bureau, The Indianapolis Times, 1322 New r York Avenue, Washington, D. C. I want the packet of eight bulletins on PETS, and inclose herewith 25 cents in coin, or loose, uncancelled, U. S. postage stamps, to cover return postage and handling costs: NAME STREET AND NO CITY STATE lam a reader of The Indianapolis Times. * (Code No.) L
At this point, Marie Louise steps out of the story. She had fought her fight for the honesty of her man, and won. The danger to her home, to her husband’s life, was fended off. That night Inspector Davis—that isn't his name, of course—loaned Turner a pistol, for selfdefense, and a car—Davis’ own car. Turner was to lead them fifty miles by road down the Mississippi to Pointe de la Hache, a bight of sand among the bayous. Once there, he was to drive on, leaving the customs men in the other car to find the stuff whose whereabouts he described. B B tt THAT arrangement was for Turner’s protection. His life wouldn’t be worth much if the liquor syndicate for which he sailed found out he had been squealing. The plan worked. They found the cache behind the revetment of the levee at the point Turner described. Davis and one of his men also found other souvenirs—bullets fired point-blank by the bootlegger guarding the liquor. The wounds weren't serious. But, serious or not, it’s all in the life of a customs unit enforcing the law against contraband. NEXT—The adventures of two federal officers “planted" aboard a rum boat off Florida.
OLD-TIME FIDDLING CONTEST TO START Event to Begin at 2:30 Today at Cadle Tabernacle. Old-time fiddlers and bands were to begin contests at Cadle tabernacle at 2:30 this afternoon to determine state champions who will represent Indiana in a national contest to be held at the Century of Progress fair in Chicago in June. Final session of the contest, sponsored by the National Fiddlers’ As-* sociation, will be held at 8 tonight. Harold Bentley, “hill billy” announcer for WKBF, will be master of ceremonies. Judging will be solely on basis of applauce from the audience. Radio entertainers of national reputation will appear in person, including Bradley Kincaid, Salt and Peanuts, and “Old Man Sunshine.” Public wedding on the tabernacle stage is to be one of the features of the night program.
STANDARD CONTEST ON Patrons to Vote for Most Efficient Station Attendants. Contest to determine the most popular attendants at Standard Oil Company filling stations was started by the company today. Patrons of stations will be provided with ballot blanks which are to be filled with name of attendant and mailed at the company's expense. Cash prizes will be awarded winners of • first, second, third, and fourth honors. Attendants will be judged on courtesy, promptness, efficiency, appearance, and knowledge of products. Shot by Chicken Thieves By United Press PLYMOUTH, Ind., April B.—Shot by chicken thieves whom he challenged on his farm between here and Argos Friday night, Milo Swihart was in an Argos hospital today suffering two bullet wounds. The thieves escaped.
SOVIET ‘TREATS' RUSSIAN FOLK AT AERODROME Favorite Peasant Food Is Showered on Crowds by Bombers. MOSCOW, April V*.—Like the manna which descended for the children of Israel in the desert, borsht and kasha dropped recently “from the skies” into the gaping mouths of hundreds of peasants visiting the capital as delegates to an agrarian conference. Doubtless, the miracle will be recounted to incredulous folks back home, in distant villages throughout the land, now that the meeting is over and the 1.500 collective farm shock-brigadiers have left. The scene was not a desert, but the military aerodrome where the delegates were being shown Soviet achievements in the way of air preparedness. High army officials were on hand to explain everything and the delegates, simple farmers all and many of them seeing an airplane for the first time, were tremendously impressed. Attached to Parachute A batch of air bombers was sent up while the peasant visitors looked up in delight and half in fear perhaps, thinking of the bombs which these planes might scatter. Suddenly their fears seemed justified. Some strange objects were being dropped by the bambers. The objects were only parachutes, with weights attached. The ’chutes opened up gracefully and floated downward. Soon they touched the gronud, some near, some far. “Airsleds” rushed out and rescued those which strayed too far. The peasants crowded around the parachutes. Each of them, they found, had brought to earth a great black ]j>ot tightly sealed. When the pots were opened they disclosed borsht and kasha, two of the dishes closest to a peasant's heart. Stalin Is Witness The food thus dropped from the sky was eatei\ by the guests with great, glee amidst cheers and speeches. This was by no means the only stunt to impress the visiting collectivized farmers. The best that the capital has to Oqer was mobilized for the delegates. The press gave all its space to them. Portraits of peasants by the dozen were published. Above all, the leaders of the nation lost no opportunity to make themselves visible, audible and affable. Stalin himself attended many sessions and, yielding to demands from the audience, made a speech at the closing session. Practically every Bolshevik leader worth his salt addressed the peasants.
PRIZE ORATOR
■I?
Miss Barbara Lambdin Miss Barbara Lambdin of Ben Davis high school won the Marion county oratorical contest recently held at Decatur Central high school. Five high schools participated, Warren Central, Southport, Bethel, Decatur and Ben Davis. Miss Lambdin is a senior and was trained for the contest by Mrs. Elsie Ball, head of the Ben Davis English department. REACHING SKILL OF INFANT IS AUTOMATIC Ability Is Likened to That of Adult by Tale Psychologist. B.y Science Service NEW HAVEN. Conn., April 8. By the time he is 60 weeks old, an infant has built up a skill in reaching for objects which compares very favorably with that of an adult, Dr. H. M. Halverson, of Yale university told the meeting of the New York branch, American Psychological Association, here today. This skill has been built up, too, with the initial handicap of having no repertoire of already learned movements on which to build. The first steps toward building of the reaching skill by the very young infant are reflexes or simple automatic movements without direction from the mind. The next stage is the period .of slowly acquired voluntary movements, which range from crude groping to direct reaching. In the final stage the movements become largely automatic again. Practice has made the reaching a more or less fixed habit on the part of the reacher. JOBLESS; SELLS BLOOD Barter Service Makes Deal With Hospital; It's Newest Stunt. By United Frees FORT WORTH. Texas. April 8 Sale of blood to hospital patients is the newest service offered by the local barter exchange. Physicians called the exchange when it became apparent a patient in City-County hospital would need a blood transfusion. Henry Baker, unemployed, was assigned to the job.
Today’s Almanac: I April 1663'Dmry LanoTiiQ> ter in London opened, First English playbill 1526-Duel between Joint s?3itdolph and Henry Clay. lS<?3*MaryPidfofdbon? ~~~^ z I ; .V Supreme (ours declares income U\ uncoifslituiioiml. Ha ha ha ha
TOURIST SEASON ON LAKES WILL OPENEARLIER Boats, Resorts, Alter Plans When School Closing Dates Change. By Times Special CHICAGO, April ■* 4.—The summer tourist season on the Great Lakes will open about three weeks earlier than usual this year, according to E. H. McCracken, passenger traffic manager of the Detroit & Cleveland Navigation Company. For years past Michigan resorts and navigation companies have been in the habit of opening the season about the time the public schools closed in June, but this year many schools in Michigan, Ohio and New York are scheduled to close from a week to a month earlier than in previous years, McCracken said, thus upsetting plans of the transportation lines and leaving vessel managers to guess whether it would be better to open the season several weeks earlier than usual o rstick to the old established opening date which is about June 28. The cruise steamers Eastern States and Western States are scheduled to start the season on the Buffalo, Detroit, Mackinac Island and Chicago tourist route on June 28, but to bridge the gap between the closing of the Detroit schools, May 26 the D. & C. wil run one or more special trips between Buffalo, Cleveland, Detroit and Chicago. The first special, five-day cruise to Chicago is scheduled to leave Buffalo or Cleveand June 2d, and Detroit June 3. This cruise will permit a stay of two days in Chicago to enjoy the festivities incident to the opening of the Century of Progress exposition. Regular overnight service between Detroit and Cleveland will be resumed for the season about April 12, and boats will be placed on the Detroit and Buffalo run about May 10. NEW DRUG IS CURE FOR PREMATURE AGING Tests on Women Show Treatment Restores Normal Functions. B{l Science Service ST. LOUIS. April T.—Slightly reminiscent of the Steinach rejuvenation operatin and the fiction of Gertrude Atherton’s much-discussed novel, Black Oxen, is a treatment for premature aging in women which two St. Louis physicians are now studying. The treatment makes use of one of the very modern medical agents, a hormone called theelin. Symptoms of premature old age in five women, following surgical re- 1 moval of certain organs which had become diseased, were relieved by treatment with theelin, Drs. August A. Werner and W. D. Collier reported to the American Medical Association. In mast respects the patients had the feelings and bodily functions of normal women. These cases seem to bear out the theories regarding the function and possible clinical use of theelin held by the original discoverers and investigators of this potent hormone. MARY MEYERS NAMED MAY DAY CHAIRMAN Tuberculosis Association Secretary’ Chosen to Direct Observance. Miss Mary A. Meyers, executive secretary of the Marion County Tuberculosis Association, has been named general chairman of the local observance of May day and National Child Health week. Dr. Herman G. Morgan, secretary of the board of health, in announcing the appointment, said the observance would ’extend from May 1 to May 8. For six consecutive years, Miss Meyers has acted as general chairman, and has directed the child hygiene division of the Indiana state board of health, is in charge of state-wide observance of the May program. PUT MUSIC ON MENU Connecticut State College Students Demand Orchestra for Dinner. By United Press STORRS, Conn., April 8. Soft music is going to be a part of the dinner hour at Connecticut State college in the future. Miss Ethel M. Carr, dietitian who manages the college dinner hall, said so many students had requested music with their meals that the college orchestra had been engaged to play. C. A. Breece sold an airway vacuum cleaner for $5 from a Times for sale ad costing only 27 cents.
Fletcher Ave. Savings & Loan Assn. Msil Account* 4 _ Ha* fald nirtrlcnA* H.ndi.d 10 E. Market St. nis.'"
.'APRIL 8, 1933
DROP FORECAST IN CONSUMPTION OF COAL. OIL Geologist Says Increasing Efficiency Will Be Saving Factor. P.y Science Service PRINCETON. N. J., April 8 —Greater efficiency in using coal and oil may prevent increases in the annual consumption of these fuels in the United States during the next twenty years. Professor W. T. Thom Jr.. Princeton geologist, warns in commenting on a recent estimate of fuel consumption for the future, which pastulated an approximate doubiing of fuel consumption in the United States by 1950. Pointing to the relatively small increases in the amount of fuel used to produce power and useful energy during the boom period culminating in 1929, Professor Thom stated that it seems entirely possible that, even if our national energy requirements increase, we may. nevertheless, be able to supply a growing demand for energy, without a corresponding increase in amount of fuel used, and possibly without any increase. Depends on Prosperity Commenting on recent estimates of fuel consumption made by Professor J. Spencer Hutchinson of the Massachusetts Institute of Technology, and August J. Breitenstein, Ashland. Pa., engineer. Professor Thom calls attention to the fact that really to be able to predirt, future fuel consumption ono must first be able to predict both the degree of prosperity which our domestic industry will enjoy, and how long the present business depression will last. As he explains, a period of acute trae depression fosters the introduction of radical departures in fuel saving economy as a means of fuel economy continued in use thenceforth, possibly causing a progressive reduction in the amount ot fuel used, even while power output may be increasing. Tariff Also Factor. In commenting on the use of population statistics as a basis for estimating our future national energy, Professor Thom further explains in a communication to the American Institute of Mining Engineers, that one may go astray by considering the population of the United States. With the free outflow of manufactured exports, our consuming population is to all intens and purposes greater than our national population, whereas, if prohibitive tariffs are in force against American goods seeking to enter other countries, then thi£ foreign addition to our domestic enegery-con-suming population is unavailable, and our fuel consumption is correspondingly lessened. AIR SPEED COMES TRUE 150 Mile an Hour Cruising Averag* Finally Is Reality. By United Press CHICAGO. April 8. The 150 miles an hour cruising speed for multi-motored passenger transports, long the dream of the industry, becomes a reality in 1933, as this year marks the greatest increase in speed -in the history of air transportation. From 1920 to 1927 average cruising speed of commercial airplanes was less than 100 miles an hour. From 1928 to 1932 the cruising speed of transport aircraft in general averaged from 115 to 120 miles an hour, although there were a few faster planes in service. This spring sees a notable increase in speed, shows an analysis just compiled by United Air Lines, which has placed in service the first of its fleet that cruise above 150 miles an hour. Grand Forks county, North Dakota, figures that by spending $13,000 for poison grasshopper bait last year, the county saved $400,000 worth of crops.
Spends 65c lo Get 53.50 Weekly Income From Room Mrs. C. Bell, 1115 Central avenue, had a one-room apartment vacant. She pla'.-rl an ad in The Time* Rental column Wednesday. By Saturday evening the room was rented. The. cost for (he four-day ad was only 65c. CENTRAL, 1115—(1) room apt., running water. Everything furnished; porches: $3.50. LI-5823. List your vacant rooms in The Times. The rate is only 2 cents n word (lowest want ad rate in city) More than a quarter million Times readers will read your ad each evening. Ri. 5551 Times Want Ad Headquarters 214 W. Maryland St.
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