Indianapolis Times, Volume 44, Number 296, Indianapolis, Marion County, 21 April 1933 — Page 26

PAGE 26

INTERNATIONAL TRADE WAR WITH CURRENCY DEPRECIATION AS CHIEF WEAPON IS FEARED [Unless Roosevelt, MacDonald and Herriot Agree at White House Parleys, Only Miracle Can Prevent Disastrous Inflation Conflict. BV WILLIAM PHILIP SIMMS Scripus-Hos ard Foreign Editor WASHNIGTON, April 21—With British Prime Minister Ramsay MacDonald's arrival at the White House tonight, the mills of the gods will begin to grind on international decisions more important in many respects than those which terminated the World war. Sunday, former Premier Herriot of France will add his presence to the parley. Thereafter, it freely is predicted, unless some commonsense understanding promptly can be reached between these “big three,” only a miracle can head off a world trade war in which currency depreciation will be the chief weapon.

This, it authoritatively is stated. President Roosevelt wishes to avoid at any cost. Administration advisers warn that any such course would be suicidal. No nation could win, yet all would court the fate of Germany and the mark. The alternative seen is agreement, at least in principle, on sweeping monetary and economic readjustments among world powers. The President is said to be aiming at something like a restoration of the dollar-pound ratio which has obtained for almost 100 years. During that time sterling has varied little from $4.86. The British, however, are understood to oppose this with all their might and main. There are reports that it would be as much as Premier MacDonald’s political life is worth to cede too much to the Americans. With the dollar at a disparity, British trade has found it easy to undersell American products in foreign markets. Nevertheless, the administration equally is determined to put an end to the dollar’s present plight. By going off gold it already has gotten back much nearer its old position of parity on foreign exchanges, but few believe it can stay there unless further steps are taken The reasons given are many.

- \ D^AHD fJ E#y orchestra INSTRUMENTS World’s loading makes . . . Indiana's largest selection . . . the big musical instrument event of the year . . . save 20% to 50% and more. Many brand new—others used or slightly shopworn. Accordions Guitars IK HASS—lmported make. ISrail- KKt*l LAR SO t.l ITAR fl* (“ t| It tiful black fIOQ rn —Sale price pearl REG. S4O MARTIN" C 97 CA I KI.MNI 110 IIASs ACCORDION ITAR—SaIe price... R P g. $27:,. ano (“A I {p B- #U.SO National Steel fffiA Shopworn Jpltij.Dll G 1 ITAR Outfit. Sale price Note—Only a few at this low price. NEW SELMER Silver Clarinet, SS66 conn alto SIC 7 CA Reg. $145, o*l-5A saxophone IDI.DU Shopworn $69.50 STUDENT SPECIAL BOEHM HOLTON TROMDONE. tf-ro r/\ CLARINET—SiIver 90*7*50 Rec. Si-*5. Special . . ... /I *136 HOLTON TENOR fl*7A CA plate, with case.... LI saxophone The above Instruments are all new. some slightly shopworn 128-130 N. Penn. St. Est. 1873

CfaeateklJaUml Dee presents —this beautiful 5-Diamond Wedding RING In the New Step-Fashion 1295 are *”perfectly in OOWn this modern wedding band "Tw fc^VwWII of IS-kt. solid white gold CA- _ \klaple _don't fail to sco it! 3U C a Saiiek Ciedit! Here it is MEN! The watch all America Reg.slß.so\M&jL t 0 kn ° of '' <5 JUMP x Scs 6^'#%r >s "°''^ WATCH $p mmp Taluc. RKl'v Hn'ir" Open Until 9 o'clock Saturday Night

America always has had a big favorable balance of trade. Even in 1932 it amounted to $290,000,000. Remittances abroad, tourist expenditures and other invisible items cut this down, or nullified it. But Americans still have $17,000,000,000 in foreign investments on which interest is due. This calls for upward of $800,000,000 a year. Here is a big demand for dollars. Then there are the war debts. Existing settlements call for average annual payments amounting to s3so,ooo.ooo—another big dollar demand—if the debts are to be paid. Britain alone owes more than 40 per cent of this huge dAt, and it precisely is with her pound sterling that most of all the United States wishes to establish parity for the dollar. Britain's average annual war debt installment for the next five and a half decades is approximately $180,000,000. Molests Children, Is Charge Accused of molesting children at Olive street and Cottage avenue, William Jarpeson, 60, Anderson, Ind., was arrested by police Thursday on a vagrancy charge. Two children have identified him, according to police.

SPEEDS UP HOUSE

Democratic credit for finding a way to speed President Roosevelt’s emergency measures through congress without long debate is being given Lewis Deschler, above, young house parliamentarian. Deschler is 28, from Chillicothe, O.

G. S. KELLER Successor to - C J • OPTICAL DEPT. 32 N. Penn. 3t.

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ggg||l RADIOS I GUARANTEED '■ Sold on Easy Terras Yl rnpr Delivery I I* FREE Hook-Up I ‘ Service KNIGHT rA 7-Tube Chassis 4>7OU MAJESTIC $19.50 SONORA $22.00 RADIOLA .... $25.00 BRUNSWICK (FlO AA Combination Jp 10.UU MAJESTIC .. $24.50 Ice Boxes—. Metal, Wood and Poreelain Dined. Radio Bargain Shop 225 East Washington St.

NOTICE: Durins: 1933 the following low prices will prevail on Mayer’s line WATCH REPAIRING mainsprings , . cleaning ) /\/\ JEWELS > l|U/t STAFFS ) WATCH HANDS, 15c Ail Watches Taken Apart When Cleaned. Not Dipped. We do only first-class work! liH Moteih^ ■ :ii J ewe Let j I 42 IV. WASHINGTON

\• ) j I .J \£mTHETALK °fd*TOWN! s £" WOMEN’S LOVELY NEW /Ik. A]J sB vi, . Spring Dress Slippers S^cn \\ \ ions—Beautiful J!" Tt r )f B 1 j__ Whites and heels, aii sizes. 3 on es Patents. WHITES r)RF n I Growing Girls’ Spring I MISSES’ SPRING DRESS OXFORDS I DRESS SLIPPERS I DRESS SLIPPERS ~jk ta "s with ■ Newest Styles with I Lovely new All j n g 1 college ■ spring rut - outs, MSKVc Sizes "*“ >• *"* I fo . r thc '° u 11 . S : T ” I blondes. Whit f ;^^ri. lw soles. I ant , patents. ■fy 6 V° BOYS’ DRESS OXFORDS | Women’s SPORT Oxfords Mig wearing ox- —New two-tones in Elk lcathers_^^^^^^^^^ s i so 97 c <|pf, MEN’S NEW SPRING dress oxfords jA These shoes This is absolutely JvMB come in Bal or II l1 ? e greatest line Biu.h.r nj |r,Y, Y ifsjs ,n smart black ot ° theMJ the men of In- > p athK "sizM of medium toes. l o U S uianapolis. " y ,^ marte ‘‘ All Schiff s Stores Open Until 9:30 o’Clock Saturday Night

THE INDIANAPOLIS TIMES

MODEL PLANE VICTORSJ’ICKED Washington H. S. Boy Wins Senior Prize; Tech Lad Junior Champion. First place in the National Aeronautics Association model plane contest Thursday night at the Antlers was won by William Kuntz. Wash-

SI Ji At Lowest Prices on Record ; I*ay in .Small Weekly Amounts—soc Down—soc a Week! A "** |M < 21 North Meridian Street —Corner Meridian and the Circle

MOWERS 'mwK F!NEST an<l LARGEST STOCK jfiT M ar,d s*2-35 t2ln t Cut ijfflPa All Sizes UP 21-ln.Cut MH; §A POWER MOWERS ■ I Jk \ 18-ln. to 30-In. Cut . JSf \ 1 and 2-Cylinder Motors r mm \\ lawn mowers f ujfiff Sharpened, Repaired. H ‘ lT ® Virginia Jive.

—See Staley and See Better I Have Your GLASSES -S^^\XV e cV U Fitted scientifically by Dr. Foley, Optometrist of 30 Years* FxpcriLOWER PRICES and Terms to Suit Your Convenience

ington high school, senior division, and James Cahill, Tech, junior division. Kuntz’ entry was a model of a Gee Bee Sportster, while Cahill entered a miniature Aeronca. They will be presented with cups provided by Louis R. Schwitzer, N. A. A. local chapter president. Other senior division winners j were: Vernon Boehle, second: Alovsius Boeing, third; Walter Luebking. fourth: Kuntz. fifth; Kenneth Ernst, sixth; Paul Schaefer, seventh; Gail Hungerford, eighth, and Leonard Smith, ninth. Junior division winners were Dick Wilson, second; Charles De Moss, third; John Stearns, fourth; James

Koors, fifth; John Freeman, sixth; Bob Ellis, seventh; James Cox, eighth, and Rudy Makela. ninth. Prizes include theater tickets, N A. A. certificates, swimming pool tickets, and airplane rides from Hoosier airport and Central Aeronautical Corporation. An indoor flying model contest will be held May 27 at Butler fieldhouse. The Island of Capri has been made a bird sanctuary.

WHY PAY MORE? Replace your worn - , , out radio tubes with new tubes. 39i W HURRY fiS Bring in your old have them lE] llj Licensed under RCA. Tested and Guaranteed. Open Saturday Evenings Until 9 o’clock

mm S&LciAZt RtfRICEMTOR WITH SHELVABOR jgfrgjM! Down f 12 Months to Pay ! Ask to see the new SHELVADOR which increases the capacity of the box about 50%. Shelves in the door for eggs, butter, bacon and other small articles. MILLER Jewelry Cos., Inc. 21 NORTH MERIDIAN ST.

THE PRESCRIPTION DRUG STORE KEENE’S —CORNER DELAWARE AND OHIO—BOERICKE and TAFEL Agency Homeopathic Medicines —Ask for Booklets Liver Oil >i. $1.69 \ Mineral oil Gal - sl * s ° t.""’ \ Maxwell House CoSEee Lb. 26c V \ Aspirin Tablets mo 33c Aromatic ,V.myi 23c \ Oil Wintergreen 4oz 25c ' Y 0^ c ’ \ *•*"”’ \ Rubbing Alcohol iooz. 16c i \Lact. Pepsin S?p 69c V LQ-& s. Tonic ,ui?/; 69c A Epsom Salts su. 29c a a \ Hinkle’s Pills 13c i \ Light Bulbs eo watt dqz. SI.OO B ~M \ American Made ~ V Hem “ Roid Treatment *£ 84c \ How so Lose FAT hano book * * *d * 'bo'i t 5 \ . ' ‘ T e^%et° v ' \ Lbs.—lnches Melt Off Hips, Ll * CIMITMCT i vet U et <ot \ Just Arms. Legs. Stomach. Bridge l \\c \No Starving No Drugs- PLAY e® R 1b' s s \pg N \ loo @. \ No Exercise. ! m Containing es- ♦ 4 |U , gcN'* c -.p\i 9 F-Mitial fuuda- L \0- ftTV d f . 011 wan. to Jose ugly ex- mentals in step fat. both pounds and by step procedure for all plays, m \ inches, and do it fast and with lead*- p-sitious and Card d.- \ po * itive safet - r - thf>n come in tr “e comprehensible ln<ll V today and ask Sleepy Saits. atruetion on conventional plays. \ . kO< x Just take a liny morning doge, bidding and adversaries defense. \ N Y 'L e s % 'ut down on sweets, but eat in a fortn ,iVpll th e noTice can \ \ big meals of tl.e everyday foods understand. All mysteries re- \\ \ v;\ C. a , % shown in the Sleepy Salts pack- moved. \\ Wp, : M\ % age. and FAT GOES so fast The Auction player who dci \\ \ RlAlj 1 ?ou will want to dance for jov. Jsir ‘' s ,0 graduate to th<- CONI A AO Vd V W \ Two sizes, sold on guarantee of TRACT game •-*:>! find tbi- the b 4 \ results or no eo,. at 54 c and S4e. book llc has been-looking for. ISMS IPP" - i BBBPreAoed k tv ‘.t \ EJIIipIT ** \ HBpmalt oq MADE ,N MILWAUKEE t | !■ I \0 w

3 CITY FIREMEN RETIRED Give I'p Posts Because of Physical Disability; Two Named. Three city firemen were retired because of physical disability at a special meeting of the safety board Thursday. They are: Thomas F. McGlynn, 236 Eastern avenue: Edwin G. Lawson. 549 East Forty-sec-ond street, and William M. Good-

U. S. Off Gold us®* C has shot up IS* I,” with other com- IMgjLjfl modities. In addition restrictions by Biitish and Dutch r*l t|K4fsS|j interests will further increase prices, VlKalftSl? Now is the time to buy tires at prices you MILLEST Miller Old New Miller Old New Standard Price* Price* Standard Price* Price* 4.40-21 $6.35 $4.50 5.25-19 $lO.lO $6.80 4.50- 7.05 4.75 5.25-20 10.30 7.05 Ur'il 5.25-21 10.55 7.20 4.75- 8.15 0.00 -- nis in on no--4.7- 8.40 5.70 o, ° o ' lß 10 - 90 <o> 5.00-19 8.65 5.85 5.50-19 ...... 11.05 7.60 5.00-20 8.80 6.05 5.50-20 11.30 8.05 5.00-21 9.05 6.15 6.00-20 14.15 9.75 5.25-18 9.85 6.60 6.00-21 14.40 9.95 MILLER HEAVY DUTY M iller Medalist TRUCK fiMD BUS 4.40—21 $3.65 TIRE SIZE Trives Prices 4.50-21 4.25 30x5—8 Ply ... . $19.80 $14.40 1? *V * * 32x6—10 Ply 34.40 24.00 5.00-5.25—20 . 5.10 34x7—12 Ply 47.30 34.00 5.00-5.25—21 . 6.05 6.00—20—Balloon. 15.15 11.70 5.25-5.50—18 . 5.60 7.50 20—Balloon. 34.35 24.50 5.50—19 6.30 Liberal Terms Gladly Arranged Open Nites and Sundays—Rl. 8355

-'APRIL 21, 1933

j win. 501 West Twenty-ninth street, j Wilbur F. Portteus, 118 Reichwcm avenue, and Clifford Woods. Negro. 1306 North Senate avenue, were appointed to the force. Poses as Attorney; Steals $5 Representing himself as an attorney who came from Chicago to settle up an estate, a sneak thief took $5 Thursday night from Miss Freda Hart. 2240 Nowland avenue.