Indianapolis Times, Volume 44, Number 293, Indianapolis, Marion County, 18 April 1933 — Page 2

PAGE 2

SHOWDOWN ON BANK REFORM PLANS IS NEAR Senate Committee Awaiting Word From Woodin Before Reporting Glass Bill. BV RAY TI’CKER Tune* Special Writer WASHINGTON, April 13. A showdown between tne administration and Democratic financial experts in the senate was imminent today as the latter awaited word from Will H. Woodin, treasury secretary, on whether he wanted to register objections to the Glass banking reform measure. Despite suggested changes by the administration, the senate and banking committee is standing by its guns. It has framed a measure only slightly different from that said to be opposed by the White House, including a deposit insurance feature, divorcement of affiliates, extension of branch banking along state lines. Unless Mr. Woodin can convince Ihe committee the bill is not feasible at this time, it will be reported favorably within a few’ days. In addition to diferenccs over details. Senator Carter Glass <Dem., Va.i, the Democrats’ financial expert, Is insistent on passage of a comprehensive reform measure, w’hereas President Roosevelt is said to prefer several separate bills containing specific remedies. The difference is more important than it appears on the surface. Democratic senators fear that if major reforms are accomplished by three or four separate measures, important questions of banking procedure and reform will be forgotten. A majority of the committee is said to be standing behind Senator Glass, who is postponing announcement of the bill's details only out of courtesy to Woodin. Representative Henry B. Steagall <Dem„ Ala., chairman of the house banking and currency committee, has composed his differences with the senate group, and the legislators present a solid front. It is generally believed that the White House and the congressional crowd can reach some compromise. CLAUDE WOLFF HEADS SIGMA DELTA CHI GROUP Elected as President of Indianapolis Alumni Chapter of Journalists. Election of Claude H. Wolff, staff member of the Indiana bureau of the Associated Press, as president of the Indianapolis Alumni chapter, Sigma Delta Chi, national professional Journalistic fraternity, was announced today. Wolff was elected at the fraternity's annnual Founders’ day dinner at the Washington Monday, and succeeds Eugene J. Cadou of the International New’s Service. Other officers are: Harold C. Feightner of the Indianapolis News, vice-president: Eugene R. Clifford of the Indianapolis Star, secretary, and J. Douglas Perry, acting heao of the Butler university journalism department, treasurer, re-elected a fourth term. Speakers at the dinner were Meredith Nicholson, Indiana author, and Talcott Powell, editor of The Indianapolis Times. Nicholson recalled and pictured characters in Hoosier journalism of other days. Powell, who formerly worked on New’ York newspapers, told of his newspaper experience there. TAX HEARING IS SET Indianapolis Water Company Assessment Case Is Cp Wednesday, Hearing on the tax assessment of the Indianapolis Water Company will be beforp the state tax board Wednesday at 9 a. m., it was announced today. The board left unchanged the valuations last year of water companies at Elwood, Greencastle and Vincennes, owned by Benjamin Perk and an Indianapolis syndicate. A room with six windows belonging to Mrs. Mary Jay, 774 West drive, Woodruff Place, was rented from a Times room ad costing only 65 cents. If your room is vacant, call RI. 5551.

DOCTOR’S 3 RULES BIG HELP TO BOWELS What a joy to have the bowels move like clockwork, every day! It’s easy if you mind these simple rules of a famous old doctor: 1. Drink a big tumblerful of water before breakfast and several times a day. 2. Get plenty of outdoor exercise without -unduly fatiguing yourself. 3. Try for a bowel movement at exactly the same hour every day Every one’s bowels need help at times, but the thing to use is Dr Caldwell’s Syrup Pepsin. You'll get a thorough cleaning-out, and it won't leave your insides weak and watery. This family doctor's prescription is just fresh, laxative herbs, pure pepsin and other helpful ingredients that couldn't hurt a child. But how it wakes up those lazy bowels! How good you feel with your system rid of all that poisonous waste matter. Clean up that coated tongue, sweeten that bad breath, and get rid cf those billious headaches, a little Syrup Pepsin will soon free the bowels from all that waste matter that makes the whole system sluggish. You'll eat better, sleep better and feel better. You'll like the way Dr. Caldwell’s Syrup Pepsin tastes. The way it works will delight, you. Big bottles—all drugstores.—Advertisement.

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Heresy Charge Is Ignored by Famed Author

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Mrs. Pearl S. Buck By I niled l L rcxx NEW YORK, April 17.—The Presbyterian board of foreign missions met in New York Monday without the presence of Mrs. Pearl S. Buck, author and missionary, accused of holding heretical views and invited to appear and explain her attitude on church creed. Mrs. Buck, whose novel, “The Good Earth’’ won the Pulitzer prize, was in Ithaca, N. Y„ and her husband, Dr. J. Lossing Buck, said that she could not attend the board meeting. Officials of the board discussed the Buck case reluctantly and said that it is improbable it will be brought up at all. The Rev. J. Gresham Machen, who accused Mrs. Buck of heresy, was in Philadelphia. Mrs. Buck, whose literary success has been based in part on her sympathetic understanding of the Chinese peasant, drew’ the fire of the Rev. Mr. Machen because of her sharp criticism of missionary activities in the Orient. This criticism was contained in a magazine article published several months ago. JOBLESS MAN ENDS HIS LIFE Kills Himself With Blast From Shotgun: Farewell Note in Pocket. Jobless and worried, Ora Moult6n, 50. of 3320 Northwestern avenue. this morning killed himself in the garage of his home by riddling the upper part of his chest and shoulder with a blast from one chamber of his double-barreled shotgun. Moulton's body was found partly under a car in the garage bv his wife, Lucy, and Mrs. Ezra Sellars, his sister-in-law, of the same address. Dr. John E. Wyttenbach, deputy coroner, returned a suicide verdict when a farewell note to his wife was found in Moulton's pocket. Moulton was employed for a number of years by the Columbia School Supply Company. Besides his wife, he is survived by a brother, Anderson Moulton, 6107 Broadway. CHARGE FALSE ARREST: ASK $20,000 DAMAGES City Men- Demand SIO,OOO Each in Suits on File Here. Damages on the scale of more than SI,OOO an hour are asked by two plaintiffs who have filed suits in superior courts alleging false imprisonment. Elmer W. Kaiser, 2915 Northwestern avenue, filed suit for $lO,000 damages in superior court four, and Cecil Scott asks a like amount in superior court one. The complaints allege that Kaiser and Sc*ott were arrested and held ui jail from 1:25 a. m., April 10. until 10 a. m. the same day on vagrancy charges as suspects in the theft of a stick pin. The charges were dismissed in municipal court four later, according to the complaint. The suits allege that the arrests were caused by David B. Strode, 3151 Northwestern avenue, and Wesley Kellum, 838 Eugene street, both of whom are named defendants in the damage suits. The stickpin was the property of Kellum. tne complaint states.

Gone, but Not Forgotten

bek> U n t R Il to bileS reported 10 policc as Luella Posey. 1536 South Harding street m, s £ dan ; , 44_39<i - fron i m front of 514 North Capit-il avenue. Albert G. Mueller. 215 W-est Forty-fourth Street Chevrolet coure 33-671, from East and Washington streets.

BACK HOME AGAIN

Stolen automobiles recotered bv police belong to: Central Buick Company. 2917 Central avenue. Buick cocah. found at Pierson and St. Clair streets. L Caston. 2361 North Pennsylvania street. Ford coupe, found on Fifty-second street, half mile west of Keystone avenue, stripped of license plates. 129-534. Mrs. Eugene Hoidaway. 1328 West Taentv-ftfth street Chevrolet sedan, found at Forty-fourth street and Kessler boulevard Irvin S. Duncan, Carmel. Tnd. Plymouth sedan, found in front of 1309 English avenue. Sandor Darke. 1050 Nelson street. Plymouth sedan, found in front of 2302 Morgan street.

DEDT REVISION | TO DEPEND ON i TRADE PROBLEM; Euorpe Must Eat Spinach If She Is to Get Her Cherished Dessert. (Continued From Page One) come to dine with their Uncle Sam. 1 Their minds are definitely and eagerly fixed on the cake of revision. | But as Uncle Sam has sternlywarned them that if they do not eat their spinach of world economic readjustment there won’t be any dessert, both of them like the wise little boy and girl they are, will try j to pretend that spinach is just their dish. But all the time, their eyes and their interest will be on the cake. Cake Must Be Forthcoming This especially is true of France. ] Former Premier Herriot, now aboard the lie de France on hi's way across the Atlantic, was thrown out of power last December because he insisted the $19,260,000 war debt installment, then due, should be paid. He still insists on payment. But neither he, nor the French government, nor the French people, intend to pay the $6,850,000,000 principal and interest called for by the Mellcn-Berenger debt settlement. If Papa Herriot has his way, Marianne La France will eat some spinach at Uncle Sam’s table—maybe a good deal of spinach—provided the slice of cake w-hich comes afterward sufficiently is large. But if the cake is not forthcoming the dish of spinach w’ill be pushed back and not even gallant Papa Herriot can make little Marianne eat it. She is that kind of a girl. John Bull Stubborn, Too And the same may be said of John Bull and Papa MacDonald. It was a tossup even last Decern- ; ber whether Britain’s $90,000,000 installment would be paid. Not only was the public almost unanimous that no further pay- j ments should be made w-ithout dras- | tic reduction, but the cabinet itself was divided. When it finally was paid, the gov- j ernment attached its ow-n unilateral proviso saying it was with the understanding that the money w-ould be applied to principal after being radically scaled down. Principal and interest, the total British debt eventually amounts to $11,000,000,000. Regardless of surface appearances, j therefore, the crux of the White : House meetings w-ill be the two points above mentioned. They Must Meet Midway Both MacDonald and Herriot have announced that they are coming to Washington to effect a “realist’’ understanding on w-orld problems. The President has said he wants exactly the same thing. To the former, however, a “realist” understanding means sweeping debt revision, while to the latter it means remaking the economic w-orld. If their minds can meet some-w-hcre about midw-ay, the Washington conferees will succeed. If they can’t the world conference scheduled to follow w’ill be doomed from the start. Next: The Ghost at the Feast. ROAD CHIEFS ORDER BIDS ON 33 BRIDGES Prices to Be Received May 2, Chair- j man J. D. Adams Announces. Bids on thirty-three small bridges will be received by the state high- j way department, May 2, it was announced today by Chairman James D. Adams. The bridges w-ill be located as fol-1 lows: Two in Carroll county, on Road 29; one in Clinton, on 26; tw-o in Daviess, on 57; tw-o bridges and two culverts in Fulton county, on 14: one on 13 and one on 21 in Grant I county; four on U. S. 31 and tw-o on 38 in Hamilton county; one on 26 in I Howard county; two on 3 in Jen- i nings county; one on 3 in Jefferson i county; one on U. S. 50 in Knox coun- j ty; one on U. S. 41, over the Kankakee river, at the lake and New-ton j county line; one on 8 in Laporte county; two on 21 in Miami county; ! two on 10 in Newton county; one on 1 in Ripley county; two on 3 and ; two on 244 in Rush county; one on 63 in Vermilion county, and one on 118 in Wells county.

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THE INDIANAPOLIS TIMES

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.'APRIL' 18, 1933