Indianapolis Times, Volume 44, Number 300, Indianapolis, Marion County, 26 April 1933 — Page 1
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STATESMEN HOLD WORLD MONETARY BASIS EARLY NEED MacDonald and Roosevelt Agree Standard Must Be Re-established as Soon as Circumstances Permit. BRITISH PREMIER LEAVES CAPITAL Joint Statement Issued at End of Parley Reviews Discussions on Major World Problems; No Pacts Signed. Progress of the international economic discussions was thown today in the following developments: GREAT BRITAIN—Prime Minister MacDonald leaves Washington after succeeding in reopening war debt questions with the possibil-. ity of debt readjustment during later conversations. June 12 was selected as the date for opening the world economic conference in London. FRANCE— Former Premier Herriot resumes private discussions with President Roosevelt with expressions of confidence that results will include currency stabilization and trade revival. CANADA Prime Minister Bennett becomes White House guest, with indications that a reciprocal tariff treaty may be drawn between the United States and Canada. BY RAYMOND CLAPPER United Press Staff Correspondent WASHINGTON, April 26.—President Roosevelt and Prime Minister Ramsay MacDonald have agreed that an international monetary standard must be re-established as soon as circumstances permit. This was made known in a joint statement issued at the end of their conversations today.
Both emphasized that no definite agreements had been reached. These, they said, must be reached in the world economic conferences in June. MacDonald left Washington at noon and will sail from New York tonight. President Roosevelt is continuing his conversations with former Premier Herriot of France, who is remaining here until Friday. The consultative pact, disarmament and money problems are the chief subjects under examination between them. Prices Rise Held Important The Roosevelt-MacDonald statement said: 1. That “the necessity for an increase in the general level of commodity prices was recognized as primary and fundamental.” 2. It recognized the need for “a constructive effort to moderate the network of restrictions of all sorts by which commerce is at present hampered.” 3. Expansion of credit should be provided through concerted action of central banks, it was stated, and “every means should be used to get the credit thus created into circulation." 4. The discussions have included the silver question and said that “proposals tentatively were suggested for the improvement of its status.” Reopen War Debt Problem Other developments out of the international economic conferences here to date include the following: 1. Reopening of the war debt problem between President Roosevelt and Prime Minister MacDonald. 2. Favorable attitude by the United States toward entering a consultative pact, to supplement the Kellogg anti-war pact by pledging signatories to communicate with each other in face of aggression. This is expected to be the administration's answer to the French plea for security as the price of disarmament. 3. Establishment of elbow to elbow co-operation between the United States and Britain in wrestling with the many interlocked problems of economic recovery. 4. Decision to convene the world economic conference at London June 12. Seek Fixed F.xchange Value 5. Agreement that final decision? on all problems must be reserved until that conference meets. 6. An understanding between Britain and the United States that a return to a fixed exchange value between the dollar and the pound must be achieved as soon as possible. 7. An understanding that simultaneous action must be taken in both monetary and economic fields. 8. Recognition that domestic remedies must be co-ordinated with international moves. “We stand elbow to elbow." Prime Minister MacDonald said at the end of his talks with President Roosevelt. “I go away convinced of the fact that we not only hope to come to an Turn to Page Three) Times Index Page Books 13 Bridge 9 Classified 12 Comics 13 Crossword Puzzle 11 Curious World 11 Dietz on Science 7 Editorial 4 Financial 11 Heywood Broun 4 Hickman Theater Reviews 9 Obituaries 9 Radio 14 School Page 6 Serial Story 13 Sports 1° Talburt Cartoon 4 Vital Statistics 11 Wiggam Cartoon 14 Woman's Page 8
The Indianapolis Times Partly cloudy and continued cool tonight and Thursday; possibly frost tonight.
VOLUME 14—NUMBER 300
WILD BANK TO PAYJDIVIDEND Additional 2.5 Per Cent Payment Is Ordered by Judge. Distribution of an additional 2 1 i per cent dividend to depositors of the defunct J. F. Wild & Cos. state bank was ordered today by Probate Judge Smiley N. Chambers. With 62 1 i per cent previously paid, this allowance makes a total 65 per cent dividend to depositors, Receiver Richard L. Lowther told the court. “This will not be the last of the dividend,” Chambers said. He directed Lowther to write each depositor explaining status of the trust. Cash on hand, available for distribution, is $93,818, Lowther’s report to the court states. However, only $85,037 will be disbursed at this time. The receiver asked permission to retain part of the fund to complete operation of the receivership. Fund from which the payment is made was secured fiom judgments against estates of John J. Appel, Robert I. Todd and from Frank N. Millikan, former directors of the institution, the petition stated. The receiver has collected majority of the $115,000 put up by the directors on accommodation notes prior to the bank's closing, according to Chambers. Letters from Lowther accompanying the dividend checks stated that unliquidated assets left in the receivership total about $500,000. While the court and receiver desire to liquidate these assets immediately, he said, they feel that it is advisable to await better real estate market conditions. ELECTION IS PLANNED Indianapolis Salvage Corps to Name Officers at Meeting Monday. Election of directors and officers of the Indianapolis Salvage Corps will be held at headquarters. 422 East North street at 10:30 Monday, according to an announcement made today by Secretary Edwin H. Forvey. The corps was established in 1913 by a committee of the national board of underwriters of New York and is maintained entirely by fire insurance companies. Present officers are John W. Noble. president; T. P.. Dugan, vicepresident. and Arlie Riggsbee, treasurer. Directors are Forrey. Richard Lieber, W. E. Mallalieu and C. O. Bray.
Prison Visit Fails to Bare Evidence of Nazi Torture
Thousands of oolitical nrisonor* still arr held in Germany The Pane Strasse barracks in Berlin, where they are taken immediately after arrest, and are held uendinc investitations that result in removal to concentration camps, release, or expulsion from Germany, is associated with countless stories of barbarity and cruelty. Clifford L. Day. I'nited Tress staff corresnondent, first newsnanerman nermitted a view behind the scenes at Pane Strasse. rives the first authentic accourt of the treatment accorded the prisoners. BY CLIFFORD L. DAY (Copyright. 1933. bv United Press) BERLIN. April 26.—A dozen or so of the former political leaders of Germany were peeling potatoes and polishing the boots of Nazi storm troop guards today when a United
Toy Guns Loot Desperate Father of 4 Gets $10.50 in Holdup at Saloon. By United Press CHICAGO, April 26. John Gunning went “gunning,” but the trouble was he used toy pistols. police charged today. Gunning, 41, is unemployed. He has four children. Police say that he became desperate because of lack of money, took two toy pistols belonging to Iris children and set out on a career of robbery. Jacob Rettinger, a saloon keeper, identified Gunning as the man who held him up and took $10.50. "The guns looked real enough to me,” said Rettinger. Gunning was captured while attempting to hold up Hans Keller in Keller’s saloon. V/hen two officers happened to walk in, Gunning dropped his toy guns and surrendered. MOONEY TRIAL IS POSTPONED Demonstration by 500 Backers Brings Order by Court. By United Press SAN FRANCISCO, April 26. Trial of Tom Mooney on an old murder indictment today was ordered continued until May 22 because of a demonstration staged by 500 Mooney supporters. Strenuous objections to holding of the trial have been made by prosecutors, unwilling to proceed with a case which they deem fruitless. Mooney had been scheduled to be brought Thursday from San Quentin prison where he is serving a life sentence on his previous conviction. A last-minute threat to block the trial had come from former Assistant District Attorney John O'Gara, one of the prosecutors at the original trials when Mooney and Warren K. Billings were convicted of planting the bomb that killed ten persons. O'Gara said he would appeal to the state supreme court for a writ of mandate unless a dismissal of the 17-year-old indictment was ordered at today’s session. He said he would base his petition upon the ground that the bombing case already had been adjudicated by the previous conviction of Mooney. CARTRIDGE IN LUNG OF 3-TEAR-01D ROY Physicians to Renew Efforts to Remove Bullet. Physicians were to renew attempts to remove a cartridge from the lung of Robert O'Dell Lineberry, 3, of 825 Eugene street, later
today or Thursday, at city hospital, after earlier attempts, had failed. The child is believed to have inhaled the .22-cali-bre cartridge when he fell, while playing in the yard at his home last Friday. The mother, Mrs. Louveni Lineberry, told hospital officials that at first it was thought the
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child had swallowed a tack. A physician, who was called, decided nothing had been swallowed. Later Robert complained of Dains in his lungs and he was taken to city hospital Tuesday night. Futile attempts to remove the cartridge, believed to have been found in the yard, were made Tuesday night and early today. The child is resting before anew effort is made. LINDY FLIES WESTWARD Takes Off from Kansas City Airport for Springfield. Mo. By United Press KANSAS CITY. Mo., April 26. Continuing his inspection tour of the Transcontinental Western air lines. Colonel Charles A. Lindbergh, accompanied by Mrs. Lindbergh, took off from the Kansas City airport at 11:35 a. m. for Springfield, Mo.
Press ktaff correspondent inspected the cells and dormitoiies of the Pape Strasse barracks, where, according to widely circulated stories, the Nazis have exacted cruel vengeance on Communists. Socialists and members of other parties who opposed their on-rush to power. If these tales had any vestige of truth, the correspondent found no hint of it. The gaunt building gave the appearance of an efficiently operated military barracks rather than a torture chamber. Its rooms and halls were immaculately clean. Prisoners seemed in good physical condition and appeared cheerful. Forty men and three women were Torn to Page Three!
INDIANAPOLIS, WEDNESDAY, APRIL 26, 1933
CLOSED BANK RECORDS WILL BE GIVEN JURY State Savings Data Ordered Brought to Court by Judge Cox. SPECIAL HEARING SET Former Officials Will Be Called for Questioning Next Wednesday. Records and data compiled in an audit of affairs of the defunct State Savings and Trust Company w r ere ordered into court today by Circuit Judge Earl R. Cox, who announced the data would be turned over to Criminal Judge Frank P. Baker “at the earliest possible moment.” On receipt of the records, Baker will give them to Prosecutor Herbert E. Wilson for investigation by the grand jury of transactions in funds of the bank, and its receivership under Eben Wolcott. Mrs. Ida Broo, who audited the records, will be present to explain her findings, Cox said. Special Hearing Set Meanwhile, preparations were being completed for a special hearing in circuit court, to which officials of the bank and other witnesses will be subpenaed. Date of the hearing was set for next Wednesday, after Homer Elliott, present receiver, petitioed for permission to summon witnesses. Another angle in Cox’ probe to “tear the veil of secrecy” from affairs of local closed banks developed today, when Richard A. McKinley, state banking commissioner, announced that an audit of the Meyer-Kiser bank had been completed. The audit was turned over to McKinley by Morris E. Stultz, who had charge. Contents will not be revealed until the audit is ordered into circuit court, where a receivership has been asked. Hearing Is Continued Cox announced that because of press of other matters, hearing on the receivership, scheduled for Thursday, would be continued until May 3, the same date of the State Savings investigation. Cox exhibited two checks which he said were given to him by Karl I. Hamilton, depositors’ committee auditor, showing indorsement of a $7,750 commission paid by the bank. According to Hamilton, the commission on sale of a 99-year lease held by the State Savings on the present site of the Circle Tower building was $15,500. One check for $7,750 is made out to Klein & Kuhn, property management firm, and date Dec. 29, 1928. An indorsement of the check to the State Savings and Trust Company appears over the signature of George Kuhn. Below it are instructions to deposit to the account of the real estate department. Trace Refund Charge The other check, for a similar amount, dated Dec. 31, 1928, made out to the Property Management Corporation, bears a stamped indorsement for deposit in the Fletcher American National bank. Officials of the bank will be questioned regarding the transaction and the indorsement of the check back to the bank, in an effort to obtain information on Hamilton's charge that half the commission was refunded and con not be traced into the funds of the bank. Wolcott, E. Kirk McKinney, works board president and former real estgtq manager of the bank; George Brewer, father of Scott Brewer, bank's president, and other officers may be summoned in the open court probe. Following receipt of letters Tuesday from Cox by Baker and Wilson advising of information disclosed in probes by depositors and Cox, announcement was made that the grand jury would investigate. Judge Makes Charges In his letters, Cox charged that “assets which should have been in the receivership either have been sequestered or abstracted from the general fund which the receiver took over.” According to Cox, statements to the bank examiner did not contain a $125,000 note which was the bank’s liability, assumed in a real estate deal when farm lands were exchanged for 600 shares of common stock in the Libby Realty Company, holding company of the Roosevelt building, Washington and Illinois streets. The depositors charged to Cox that Wolcott had paid approximately $19,000 principal and interest on the notes out of receivership funds, but later abandoned the money. Today's Short Storv m J Eight persons in Indianapolis last week were in the market for an oil stove. All were readers of The Times Want Ad page. On Thursday an oil range was offered for sale under classification 35. One of the Times readers saw the ad and purchased the range from Vern Leach, R. R. 3. Here is the ad that sold the stove at a cost of only 81 cents. OIL RANGE—S Burner, *l2: large Baby Cab, *4. Be. 4482-4. RESULTS AT 3 CENTS VWORD is what you receive when using Times Want Ads. Call RI. 5551 or place your advertisement at Want Ad Headquarters, 214 Wqst Maryland street.
Robert
THREE DETECTIVES SHOT IN RAID ON BANDIT SUSPECTS’ HIDEOUT
FALL PREY TO GUNMAN'S BULLETS IN POLICE ROUNDUP
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Clifford Beeker
Targets for a bank robber suspect, three detective Sergeants incurred severe bullet wounds Tuesday night. The wounded officers, who are in city hospital, are William Miller, 41, of 6113 Haverford avenue; Clifford Becker, 31, of 745 West Thirty-
Bolt by Carter Glass on Inflation May Delay Vote Virginia Senator May Break With Roosevelt on Measure; Ballot Scheduled for Today. BY LYLE C. WILSON United Press Staff Correspondent WASHINGTON, April 26.—Fiery little Carter Glass of Virginia, first Roosevelt choice for treasury secretary and long the financial oracle of the senate, was on the verge of a break with the administration today over inflation.
THRONGS FLOCK TO HOME SHOW Members of Builders’ Group to Hold Dinner at Exposition Tonight. Capacity crowds, crowds ready to buy and ask questions, and interested crowds flock daily to the twelfth edition of the Indianapolis Home Show. Tuesday night the show played to more th in 10.000 visitors In the manufacturers building at the state fairgrounds. Today is “Home Builders Day” and a crowd equal to Tuesday’s was expected. Members of the Home Builders Association of Indianapolis will have a dinner at the show tonight. Walter L. Stace, association president, will preside. Robert L. Mason, secretary, was the builder of the model home—the centerpiece of the show. The show garden?, decorative effects of rooms, novel baths, exhibits in refrigeration, exhibits in scout craft and the canning of vegetables by Girl Scouts are some of the highlights attracting the crowds. The show is open daily between the hours of 11 a. m. and 10:30 p. m. Saturday will be the final day. JOB DRIVE MEETING SUCCESS, SAY HEADS Property Owners Joining Campaign, Leaders Assert. With pledges of $300,000 the first day of the campaign, modernization drive workers asserted today reception of the campaign by property owners exceeds expectations. Several districts not reporting pledges Monday were expected to add thousands of dollars to the quota today. Virtually all improvements will be on homes, Louis J. Borinstein, campaign chairman, said. The campaign wall continue through May 5. Door-to-door canvass of the city is being made by 5,000 volunteer workers. Workers of District D will meet at 7:30 tonight at the Fountain Square theater building. Mayor Reginald H. Sullivan, Samuel Mueller and Borinstein will speak. C. Brown, District J. chairrr predicted the district from Keystone to the Canal a”>d north of Thirty-eighth street, w reach a $300,000 quota.
Organized Labor Will Help in Fixing Minimum Wages, Pledges Miss Perkins
BY RUTH FINNEY Times Special Writer WASHINGTON, April 26.—Organized labor will be called on by Secretary of Labor Frances Perkins to play a major part in fixing minimum wage scales if the short work week and minimum wage bill becomes law. This policy was announced by the secretary’ in testifying before the house labor committe at the first of a series of hearings on the principal measure for restoration of
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Jack Small
second street, and Jack Small, 39. of 1102 North Ewing street. They were shot by Thomas Howard, wanted in Carroll county in connection with the robbery April 11 of the Burlington (Ind.) bank. Other photos on Page Three.
■ The senate was scheduled to vote today on the controlled currency inflation program, denounced by old guard Republicans as suicidal and lauded by Democrats as the only escape from depression. Passage seemed assured. Indecision of Senator Glass whether openly to oppose the administration on the inflation issue was the only factor of uncertainty in the plan to reach a vote before nightfall. Glass and Republican leaders refused Tuesday to agree to limit debate today. Showdown Faces Delay If he decides to denounce the administration’s inflation cure, the showdown may be delayed until Thursday. The senate is lining up 2 to 1 for inflation. Agitated old guard leaders, remnants of the Hoover-Mills-Mellon forces on Capitol Hill, have pleaded in vain. A last-minute effort was made to split the Democrats with an amendment to substitute the issue of silver certificates for proposed revaluation of the gold dollar. It died for lack of support. Senator Reed (Rep.. Pa.) planned a final joust with the administration. He said he w’ould move to strike from the inflation plan the section authorizing gold revaluation. An identical motion barely last last week in the senate banking committee by a tie vote —10 to 10. Confident of Passage But Democratic leaders were confident the administration inflation amendment would be kept almost intact as it was offered last week as a rider to the farm relief bill. That omnibus measure, designed to raise agricultural prices and to lower the mortgage burden of the farms of the land, has been almost forgotten in the oratory which has blustered around inflation. It was expected that fewer than thirty senators would follow Reed's lead today or Thursday to vote against inflation. Upwards of sixty senators were tabulated on the polls in favor of the plan. SNOW MAY FALL HERE, SAYS WEATHER BUREAU Low Temperatures to Continue Tonight, Is Forecast. There is a remote possibility of snow falling in Indianapolis in the next few’ hours, it was said today at the local United States weather bureau, but mist or rain is more likely Low temperatures prevailing Tuesday night will continue tonight, with the lowest four to five degrees above freezing and a strong probability of frost. Frost was reported this morning at points west of Indianapolis, but none in other directions.
purchasing power now pending in congress. Secretary Perkins was reminded by Representative Wood <Dem. Mo.) that organized labor has expressed a fear that establishment of minimum wage boards for different occupations will have a depressing effect on wages, and was asked if she would select employees satisfactory to the organized group for the membership of wage boards. “It has been the experience of all boards trying to administer min-
Entered as Second-Class Matter at Postoffice, Indianapolis
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William Miller
STATE TO REST IN FRAUD TRIAL Evidence Against Scanlan May Be Completed Late Today. Testimony that James C. Scanlan, automobile dealer on trial in criminal court for conspiracy, told of selling $20,000 worth of automobiles out of trust, was given today by Thomas A. Hanika, secretary of the Atlas Securities Company, local finance company. Hanika revealed under questioning by the state that Scanlan had reduced the amount to $14,000 or $15,000 by October, 1932,” preceding his indictment. Completion of the state’s case is expected late today. The trial opened Tuesday w’ith the state selecting a “pretended transaction” for $640 in which William L. Bruce, auto company officer, and Melvin Lee Hindman, former policeman, participated, as basis for its case. Bruce and Hindman also are under indictment and will be tried later. Arthur W. Daily, branch manager of the Associates Investment Company, a state witness, testified Tuesday that Scanlan insisted the sale to Hindman was genuine. Daily said he talked to Scanlan regarding the bogus transaction and testified that Scanlan admitted at least eight transactions in which there were no automobiles involved. Objections from the defense attorneys, Thomas McGee and Fred Barrett, were numerous. E. L. Fitzpatrick, an investigator for the finance company, was not permitted to testify regarding his findings on the Hindman sale, when a defense objection was sustained. Special Judge Clyde Karrer ruled that conspiracy in the case had not been proved at the present, and that Hindman’s testimony could not be offered. PLAN COURT FIGHT ON BEER FEE PROTESTER Attorney-General Joins in Action to Bar Sale by Gary Man. Double barreled attack on Abraham Rasen, of Gary, who is selling beer under protection of a temporary restraining order issued in Hammond superior court, is being planned today by Philip Lutz Jr., attorney-general, and John H. Underwood, Lake county deputy prosecutor. Lutz and Underwood, in conference at the statehouse, indicated Rosen may face a civil suit and criminal action. Hearing on whether the restraining order shall be made permanent will be held in the Hammond court Friday. Rosen, seeking to avoid payment of a license fee under the state beer control act, avers that 3.2 per cent beer is not intoxicating and, therefore, setting a fee for its sale is illegal. Hourly Temperatures 6 a m 36 10 a. m 43 7a. m 39 11 a. m 43 Ba. m 41 12 (noon;.. 48 9 a. m 43 1 p. m 48
imum wage laws that the workers’ most practical and useful representation is from the organized groups,” Secretary Perkins answered “There are, of course, industries where not even a company union exists. But wherever there is organized labor, 1 can not see that there is any policy I reasonably could follow except to appoint their representatives.” Secretary Perkins laid before the committee a list of 100 persons and (Turn to Page Three) r
HOME EDITION PRICE TWO CENTS Outside Marion County, 3 Cent*
Suffer Severe Wounds in Roundup; Nine Men Held for Quizzing. EX-POLICEMAN IS SEIZED Two State Robberies Are Charged to Prisoners by Officers. Severe bullet wounds were incurred by three detectives shortly before midnight Tuesday as the climax of a round-up by twenty-one officers, during which they arrested nine men, including a former police sergeant. Four of the suspects are said to have been identified as bank robbers. The officers wounded are Detective Sergeants William Miller. Clifford Beeker and Jack Small. At city hospital today they were reported in good condition. Thomas Howard, 24, of 349 North Holmes avenue shot the officers when they appeared at his home to serve a warrant on a fugitive charge for the purpose of holding Howard pending outcome of an investigation of the robbery of the Burlington (Ind.) bank April 11, when loot of $1,650 w r as obtained by three bandits. All Lights Extinguished Howard also is suspected as one of two men who obtained $2,000 Monday in a robbery of the Rosedale (Ind.) National bank. The three officers who were wounded arrived at the Howard home a few minutes before midnight. There are no electric lights in the house and oil lamps had been extinguished. Accompanying the three were Detective Sergeants Benjamin Lansing and Arthur Fields. Small, Beeker and Miller went to the front door and the other officers to the back. Empties Automatic Gun After knocking at intervals for ten minutes, a brother of Thomas Howard appeared at the front door, and was informed of the identity of the three. Immediately Thomas, hidden in a bedroom, began firing through a window at a right angle from the spot where the detectives stood. Howard emptied a .32-caliber automatic pistol, reloaded and began firing again. As the second shower of lead subsided, Howard shouted: “If you really are police, I'll come out with my hands up.” , Wounded in Chest He kept his promise. When Lansing and Fields, who had come from the back door, entered at the front, they found Miller and Beeker standing in the living room. Small was lying on the floor and Howard was seated on a davenport. Miller has a wound in the upper right chest, the bullet having passed through his body. His left thumb was broken by another bullet, which also broke a bone in his left hand. A bullet passed through the back portion of Beeker’s neck, but struck no bones. He also incurred a flesh wound on the left side of his chest but the second bullet did not enter his body. Bond Set at $20,000 Small was struck by one bullet which remains in his body. He was struck in the lower portion of the left side of his chest and the bullet was halted in his back. Howard is held on fugitive and vagrancy charges. His three brothers, Joseph, 21; Edwin, 18. and Raymond, 16, and a brother-in-law, Mock Montgomery, 32, all of the North Holmes avenue address are held on vagrancy charges. Bond of each is $20,000. Earlier Tuesday night detectives arested three other men suspected with Thomas Howard in the Burlington bank robbery. They are Louis R. Reese, 26, of 1066 Chadwick street; John Stroh, 38, of 12i South Sherman drive, former Dolice sergeant, and Harold E. Kiel, 18, of 1209 North Mount street. They are charged with vagrancy and bond of each is $5,000. Removed to Delphi Kiel, Stroh and Reese were taken to Delphi. Ind., today by Carroll county officers, who had warrants based on bank robbery charges in the Burlington case. The officers had a similar warrant for Thomas Turn to Page Three)
Get Your Copy The Times today starts distribution of a tabloid of the first ten chapters of “Darling Fool,” fascinating new serial story which started in this newspaper last Thursday. Get your copy and start reading this story now if you're missed the first chapters. In addition to the serial, you get the schedules of the American Association, National and American leagues in this tabloid. Here's a double feature for story fans and baseball fans. Cali the circulation department of The Times, Riley 5551, for a copy.
