Indianapolis Times, Volume 45, Number 10, Indianapolis, Marion County, 23 May 1933 — Page 7

MAY 23, 1933

—Dietz on Science — ALCOHOL CAS SEEN NO AID FOR FARMERS Oil Refiners Will ‘Upset Apple Cart,' View of Chemist. BY DAVID DIETZ, Scril>D-Hn*ard Srirnce Editor If congress seeks to aid the farmer by voting to make* the of alcohol with gasoline compulsory, the oil refiners may upset the apple cart —or would it be the oil cart in this case—by entering the manufacture of alcohol. That is the opinion of Dr. Gustav Egioff, world-famous research oil chemist. Alcohol can be made from petroleum cheaper than it can be made from corn. Dr. Eglofl told members of leading chemical societies at the Chemists' Club in New York. Refinery gases, now burned as fuel, could be converted into 1,000 - 000.000 gallons of alcohol a year if there was a market for it, he said. ‘‘Enormous volumes of oil are available which could be cracked into unsaturated hydrocarbons and converted into alcohol in direct competition with alcohol from agricultural products,'’ he continued. “Cracking Unit Perfected “From 200.000.000 barrels of oil can be produced more than 7,000,000.000 gallons of alcohol, which is more than can he derived from all of the 2.500.000,000 bushels of corn grown yearly in the United States.” Dr. Egioff, who is director of research for the Universal Oil Produets Cos. of Chicago, has designed. and operated cracking units for i more than fifteen years. He holds i more than 150 patents affecting the processing of petroleum oil, coal, shale oils, and hydrocarbons in general. The cracking process is the one by which the heavier constituents of petroleum are broken up or “cracked.” thus turning them into the lighter hydrocarbons which constitute gasoline. The process has greatly increased the gasoline supply of the world. Predicts Shorter Mileage Dr. Eglofl says that the subject of a gasoline-alcohol blend has been considered many times by oil. manufacturers but rejected as impractical. Alcohol, he says, shows high cost and poor performance by comparison with gasoline. “Even if gasoline and alcohol could be manufactured and sold at the same price, the motorist will not long buy alcohol if permitted to act according to his own inclination,” he says. “He would get nearly 7 per cent fewer miles per gallon with alcohol and there would be many other operating disadvantages. “This was proved shortly after the war when two major oil companies. marketing m wide territories, put on sale an alcohol-gasoline i blend motor fuel. The purpose of this was to find a market lor large stocks of alcohol j which remained unused at the end j of war-time activities. The motor-1 ists made so many complaints about j this fuel that it was shortly withdrawn from the market.” Possibility of an oil shortage in j the United States is discounted by Dr. Eglofl, who believes that the petroleum supply is good for another .100 years. In addition, he says that it is impossble to estimate the number or extent of oil pools not yet discovered. “In the last twenty years,” he continues, “chemists have shown how to increase the yield of gasoline from crude oil more than 300 per cent as well as how to improve its quality greatly. “By the use of the cracking process it is estimated that over 3.000,000,000 barrels of crude oil have been conserved in the last six years alone.” NO CATCHUM STORE TAX Stale Collector Can’t Head Reply Sent by I, a u miry man. Hop Lee, Chinese laundryman at Marion, hasn't paid his store tax, it was claimed by Clarence Jackson, state collector. So he sent him a notice about it. Today that notice came back. On the back, brushed in beautiful Chinese characters, was the answer. Now Jackson is trying to figure out what it is. Anyway, the tax was not inclosed, so he has that lor a clew. Dawn Went Her High Bleed Pressure Fat Women Often Have High Blood Pressure. Fat people who have high blood pressure will be glad to know what Kruschen Salts did for Dorothy Williams of Omaha, Neb. Here is her letter written Mar. 6. 1932 —you ought to read it:— “I had trouble with my back and high blood pressure, and was always tired and was twenty pounds over weight. "I tried two bottle of Kruschen Salts and lost five pounds in one week. “The pain has stopped and blood pressure is 20 points down, and now I can get around much quicker and fee! 100 per cent perfect. “Thanks to Kruschen Salts. 'J will always recommend Kruschen Sails, it's just w nderful.“ Furthermore millions of people the world over lean people—thin people —all kinds of people take Kruschen Salts for constipation, dizzy spells—sluggish liver and headache—it helps to put vigor and ambition into the indolent and makes those who take the “little daily dose” gloriously alive and active. A jar that lasts 1 weeks cost but a trifle at any drug store any where.—Advertisement.

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Today and Tomorrow BY WALTER LIPPMANN

ONE of the commonest arguments advanced by opponents of controlled inflation has been that the real difficulty under which we have been laboring is not that prices were too low, but that some prices had fallen more than other prices, thus destroying the balance of our economic system. In objecting to an inflationary policy, it was ar-

gued that a general rise in the price level would not correct tins trouble since, so it was said, the disparity among particular prices still would remain. We now have a little experience by which to test this a r gument. Although there have been no actual inflationary measures yet put into effect, ever since March 4. it has been evident

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j to many persons that some infla- | non was necessary and inevitable. | Since the middle of April, when | the gold embargo was proclaimed, J it has been evident to every one that some inflation would be practiced. Asa result, the markets have anticipated by speculation the effects of an inflation which would reduce the value of the dollar in gold by something between 10 and 20 per cent. So there has been a marked rise in the general price level, and this | rise has brought about a distinct economic improvement. a a tx BUT when we examine this rise in prices we find that the pro- | phecies have not been vindicated, 1 which said that the disparity of | prices would not be corrected. The evidence seems to show that the inflationary process has not merely raised the general average of prices, but that it iias tended powerfully to correct the disparity of prices. In other words, those commodities which were most deflated have tended to make the be# gains, whereas tho.se prices which had j fallen little or not at all have j tended to rise very little. The Journal of Commerce pub- ; llshed a weekly-index of wholesale ; prices, and on Monday it offered its readers a very significant analysis of what has happened. The low point in the average was reached on Feb. 4, when the index stood at 52.5. By April 1, it had risen to 53.6, a gain of 1.1 points. Then came the gold embargo and the decision to adopt a controlled inflation. By May 13 the average had risen to 59.5, a gain of 7 points from the bottom. But when the movement of separate groups of commodities is analyzed, as the Journal of Commerce | has done, a most significant result . appears: “Os the five groups of commodities which showed the least ! deflation from the 1927-29 price | level on March 4, 1933, two groups | —pulp and paper and fuels— acj tually have declined during the last | two months, while none of the j j other three groups—chemicals, iron j and steel, and building materials— 1 has shown a rise of more than 3 points. o a a ‘■/AN the other hand, each of the j j vJ* five price groups which had suffered especially severe deflation j through the long period of depression i paint materials, non-ferrous metals, foods, textiles and grain) has shown advances ranging from about 8 to 22 points since early March." These are very reassuring symptoms, for they mark a restoration of the equilibrium rather than a mere raising of all prices. If the most deflated will be the most reflated. with fixed charges remaining i stationary, wholesale prices rising more than the cost of living, the policy will be an indubitable success. Within the last week, it must be noted, however, that the advancing movement of prices has been arrested and has even become stationary. This may with reasonable ; confidence be ascribed to tw’o reports which have come out of I Washington. One was that the federal reserve i system still was hesitating about j proceeding with the open market j operation to expand credit; the I other was that negotiations were ' under way to stabilize the dollar in relation to gold. The effect of these two reports has been to make the dollar “strong--1 er," equivalent to making American prices weaker. n o a NOW there is a good deal to be said for a tentative stabilizaj tion of the dollar at. say, 20 per cent j depreciation, if that will facilitate j the negotiations at London. But there is nothing to be said for a stabilization which would promot? a rise in the dollar to its old | parity. That would shake prices down and renew the deflationary spiral. It follows that there ought to be j no furt her delay about making it | clear, through large purchases of ; government securities, that the administration's monetary policy is seriously and resolutely to be carj ried out. It would. I believe, be a ; great mistake to consider any stabij lization, however tentative, unless this is done. Every one who desires to avoid ; the perils of the cruder inflationary measures, the resort to greenbacks, the full remonetization of silver, or the arbitrary devaluation of the dollar, should see the importance of j proceeding promptly with the more 1 conservative and reliable methods of ! reflation. Thus far speculative anticipation has done great good, but that good will come to an end and be lost if the administration and the banking system encourage a bear speculation, based on the theory that they are not willing to act. and that the talk of “eontrollled inflation" was a more gesture. (Copyright. 19331

DAVIS FORCES WORLD ACTION ON DISARMING Convinces Leading Nations to Leave Security to Special Committee. (Continued From Page One) hotel of Arthur Henderson, chairman of the disarmament commission. The members besides Davis of this special steering committee are Joseph Paul-Boncour, French foreign minister; Sir John Simon, British foreign minister; Rudolf Nadolny, Germany, and Baron Pompeo Aloisi, Italy. They talked for two hours. When they emerged from their meeting, it became known that Davis had won another victory. They agreed that the full commission should at once take up sections of the British disarmament plan—the one the United States favors—which deals with effectives and war materials. Effectives mean men who would be effective as soldiers at the outbreak of a war. The troublesome security problem will be discussed coincidently by a special security committee. Hold War Prevented BY WILLIAM PHILIP SIMMS Scrinps-Howard Foreign Editor WASHINGTON, May 23.—President Roosevelt has saved the League of Nations, the Kellogg pact and probably prevented anew world war by his timely intervention. Diplomats so interpret America’s tacit abandonment of its traditional stand on freedom of the seas, and its policy of isolation, as announced at Geneva Monday by Ambassador Davis. They hold the action came in the nick of time to save the tottering peace machinery. The effect of the United States’ offer to co-operate with the rest of the world to maintain peace, it is observed, will be felt in the far east as well as in Europe. Former Premier Edouard Herriot of France, while in Washington, complained that America’s aloofness from the league, and from active co-operation with the other powders in every other peace capacity, save vocally, definitely tended to nullify not only the league, but the Kellogg pact. NEW YORK BALLOTS ON REPEAL TODAY Wet Landslide of 6 to 1 Is Expected in Voting. By United Press NEW YORK, May 23.—A wet landslide of at least 6 to 1 was predicted by political experts today as New- York state voted for delegates to its state prohibition repeal convention, impressed by an administration appeal to roli up a wet majority heavy enough to sway doubtful states. The Roosevelt administration made a last minute appeal through an address by Postmaster-General James A. Farley, who is both state and national Democratic chairman. He stressed the economic advantages of potential liquor taxes as applied to the federal reconstruction program. He also emphasized the moral effect of an overwhelming w’et victory on borderline states. “Repeal is the policy of the President of the United States arid the national administration,” he said. NEWBERN SETS RITES Village to Held Annual Memorial Day Celebration. Residents of Newbern, village on state road 46, ten miles east of Columbus, which has observed Memorial day in impressive ceremonies the last thirty years, have completed plans for this year’s ceremony. Harry Canfield, former congressman, will be the principal speaker. Children of the town will place bouquets and wreaths on the monuments. erected in honor of the war dead. Veterans of the Civil, Spanish American and World wars also will participate.

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CLUB TOURS TO EUROPE 26 DAYS . . . $ 169 up You may select the club tour that best suits you . . . they offer many travel advantages. You know the cost in advance. Every expense is included, and all worries are eliminated—you have nothing to do but enjoy yourself. Congenial companions, ample leisure time for shopping and shows, first-class hotels are only a few of the many advantages of club tours. Complete Details May Be Obtained From RICHARD A. KTRTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis fIeUNION TRUST*

THE INDIANAPOLIS TIMES

Judy Peters Is Study of | an Unfortunate Girl Zelda Santiey Puts Lot of Good Humor Into Her Impersonations of Stage and Screen Stars, Now at Lyric. BY WALTER D. HICKMAN JUDY PETERS is more than a good character study of an unfortunate girl because “Bondage” is a terrific indictment against certain private institutions which care for wayward girls. This picture must be compared to the German made “Maedchen in Uniform” because the types are similar. The director of “Bondage” goes too strong Hollywood in the opening scenes but the picture and the director both become powerfully effective when poor Judy is taken to the private home for marriageless prospective mothers. This "home” was the pet hobby and the gift of a wellmeaning rich society woman who placed the wrong matron in charge.

The matron is a tryant who bullied the girls and made their lives unbearable To the public, Miss Triggs, the matorn, played so well and so cruely by Rafaela Ottiano, is just too sweet for words. But the

minute the doors of the institution are closed. Miss j Triggs becomes a monster. Let us consider the work of Dorothy Jordan as Juddy. This time, Miss Jordan reflects more depth than I was led to suppose that she possessed. She makes Judy a normal girl, who j was deceived by the man she intended to marry. Judy just didn't understand

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the difference between love and passion. So she sought a home for herself and her unborn baby in this house of refuge presided over by Miss Triggs. We then see Judy stubbornly fighting for her rights as a prospective mother against the cruel discipline of Miss Triggs. Married or not, Judy is proud to be a mother but Miss Trigge's treatment of Judy and later of the baby, makes Judy childless and turns Judy into a professional street walker. She is finally rescued by a young doctor, nicely played by Alexander Kirkland. It is really easy to pick the winner on the current vaudeville billIt is Miss Zelda Santiey who give* her impression of Ted Lewis, Helen Morgan, Greta Garbo, Jimmy Durante and others. Asthma and Hay Fever Disappear Like Magic! New Money-Back Remedy Affords Quick Relief. Calafo relieves the distressing symptoms of Asthma and Hay Fever or money bark. No questions—you are judge. Calafo, a different remedy, promises permanent freedom. You breath freely, sleep all night—regain health! The distressing symptoms disappear. Don't suffer longer—try Calafo, SI.OO. Hook Drug Cos., and other druggists.—Advertisement.

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The Carla Torney girls show up best this week in a Letty Lynton number. The costumes are smart. Comedy acrobatics are furnished by the Monroe Brothers. Eddie Stanley is again master of ceremonies. Now at the Lyric. Kilied Instantly by Train ELKHART, Ind., May 23.—Mrs. Margaret C. Ruhling. 56. was killed instantly when her automobile stalled in front of a railroad train near here.

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HEAVY DEATH TOLL IS TAKEN IN TORNADOES At Least Eight Are Killed in Nebraska: Kansas Town Badly Damaged. By United Prrtt NORTH PLATTE, Neb., May 23 —At least eight persons were killed and ten injured by a tornado which ripped through a farming comj munity near Tryon, Neb., Monday night. Bodies of eight persons killed in the storm were brought here today. By United Press LIBERAL, Kan., May 23.—Rescue squads searched the debris strewn business district of Liberal today for missing persons after a : tornado that struck the city late Monday causing damage estimated at $1,000,000. 1 Three persons were known dead

and it was feared at least three others were buried in wreckage. More than 150 persons were injured. The tornado also struck near Garden City, Kan., where Allen Felt, 50. was injured fatally when his automobile was blown from a highway. Ten other persons were injured near Garden City.

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AUTHOR'S SON CHOSEN One of Four New Examiners Picked by Insurance Commissioner. Meredith Nicholson Jr., son of the Hoosier author, is one of four new examiners appointed by Harry McClain, state insurance commissioner, it was announced today. Others are John T. Rash, Greenfield: Ora Hopper. Selem, and I J. A. Miller. Rockville.