Indianapolis Times, Volume 45, Number 25, Indianapolis, Marion County, 9 June 1933 — Page 5

TUNE o, mz

to CUfttea Downdtaite ZomoVtoto- fox • • • Things You’ll Need for Vacation! (Note: Our “Manufactured Weather’! Keeps You Cool While You Shop)

Another Smashing SALE! Fine Sample Hats AT SAVINGS OF TWO-THIRDS SH-'69 Ayres Downstairs lias become famous for its sales of fine sample hats! Hats that would ordinarily sell for at least three times this low price! And for tomorrow, we’ve secured another big shipment—direct from a famous designer! These are the very choicest summer fashions—featuring the big flop brims, medium brims and small brims. Plenty of white and pastels! All headsizes! Downstairs at Ayres. NO OTHER HOSIERY AT ANY PRICE Is So Thoroughly Protected at Every Danger Point REAL. SULK Deluxe Hosiery standards 2 PAIRS 80° Note These 10 Exclusive Features: 1. 100-, FRESH SILK! 6. FLAT-SEAM SOLE! 2. PATENTED HEM-GUARD! 7. CRADLE DURA-FOOT! 3. PATENTED NO-HOLE HEM! 8. GENUINE-SEALED SILK YARNS! 4. STRAIN-PROOF INSTEP POINT! 9. TWO-WAY RUN-STOP! .">. TRIPLE-FAST DYES! 10. POSITIVE HEEL-GUARD! —Downstairs at Ayres. WHITE Footwear Is Constantly Arriving to Supply a Terrific Demand! • OXFORDS • SANDALS Q •TIES M >v/v/ •pumps Jr • straps Ah Wherever you go! Whatever you wear! WHITE shoes will play a fashionable accompaniment! And it will be hard to find white shoes that are smarter looking, and of such splendid quality— at such a low price! See them tomorrow! In kid or elk! All-white, brown-and-white, black-and-white! Lots of mesh inserts! Many new PERFORATED styles and cut-out designs! This is perhaps the largest and most complete assortment in town! Sizes 3*2 to 9—AAA to C. —Downstairs at Ayres. rv '

AYRES DOWNSTAIRS STORE

THE INDIANAPOLIS TIMES

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Lacey Knitted Dresses for $1 .00 Just one style of a beautiful group! Knitted of cotton with just a little rayon. Note the double tiered yoke and full, rippling sleeves. Fine for golf or general sports.

While Pique Swagger Goat $1 .98 The full pleated shoulders will make you look like Atlas (and very fashionable). A fine grade of narrow wale pique. Made with notch collar and slant pockets. Skirts to match are priced at SI.OO.

Printed Stripe Pique Frocks $2 00 Here’s a sportsv frock that will save strokes on anybody’s golf course! Note the vest-ef-fect top and how cleverly the skirt is bias-cut; deep box pleat for skirt fullness.

Pineapple Weave Swim Suits $1 .98 This is just ONE of the styles you can choose from at $1.98! All wool with soft wool jersey lining in the brassiere top; clever new suntan backs. Straps on this one cross in back and tie in front.

You’ll Swagger in This Linene Suit $2-00 Just as comfortably cool and attractive as linen—but it is really cotton linene! The coat is cut full and swaggery and has an Ascot scarf. Complete with pleated skirt.

Gay Sea-Going Pajamas 69c These cool linene pajamas are,*s nautical as sea waves. In natural color with red stripes —gavlv decorated with sailing ships and anchors and life savers. Others equally as smart!

mmm and California ! ‘FINDS’ CAUSED WORLD TO GO ON GOLD STANDARD Entire Earth ‘Off’ Now; Problem Must Be Solved at London or Unprecedented Chaos Will Prevail. World recovrrv. it is agreed, depends largely on the London conference. The conference will turn on monetary stabilisation, trade and debts. All there hinge on gold. Gold never played so vital a role in world affairs. This is the second of four articles, giving highlights of gold s history. BY WILLIAM PHILIP SIMMS Scripus-Howard Foreign Editoc The human race has fought for gold, and prized it both as a store | Tor wealth and standard of value, ever since its bump of covetousness first began to function. At least 4.000 years before Christ, the Egyptians were mining gold, and esteeming it as one of their most precious possessions. They coni verted it principally into trinkets and adornments. The legendary search for the Golden Fleece, some claim, was not j unconnected with the desire of the Argonauts for gold. Fleece was used | to strain gold dust from running water and much gold was supposed I to be in Asia Minor.

The Greeks, catching the fever from the Egyptians, used gold for many purposes 1.500 years before the \ Christian era. From there the search | spread to India, Italy, France, Spain | and eventually to the new world. Prior to the discovery of America. | however, comparatively little gold ; was brought to light. But from 1492 : down to date it is estimated $23.i 000,000,000 worth has been produced. L T . S. Owns Most Gold Os this, about half has gone into ornaments or the arts. Some has been lost or destroyed. The rest, about $11,000,000,000 worth, is now used as money. A little more than a third is in the United States, one-third is in France and the rest is scattered throughout the world. Gold has been used as money for approximately 2,500 years. Croesus of Lydia is credited with j having invented the idea. The Chinese apparently had been using coins or tokens of some kind for 1.000 years before that time, and the western world for about seven hundred years. But whereas the earliest western money had been bean-shaped lumps of a natural alloy called electrum, carefully weighed and stamped, King Croesus figured gold pieces would make the ideal money. Gold ornaments long had been the most easily exchanged objects of barter. So. thought Croesus, gold itself might well be used that way. Climax Reached in 1816 The first gold pieces seem to have been called Credeids and bore, on one side, the heads and foreparts of a bull and a lion charging at each other from opposite edges of the coins. From that time to this gold and silver have been the favorite coin metals. Most countries used the bimetallic system. Silver came to the fore during the Middle Ages, possibly because most of the gold, had been carried off by invaders. Even the barbarians knew the value of the yellow metal. Gold staged a comeback about the fourteenth century, and gained steadily in favor until it reached a sort of climax in 1816. In that year England abandoned silver, and definitely went on the single gold standard. For a long time no other nation followed. As yet, there was not enough gold in the world. The big discoveries had yet to come. Gold ‘Strikes’ in Last Century The United States, in 1792, had authorized a mint and the coinage of both gold and silver, but not for nearly a century did it adopt the single gold standard. Portugal followed England in 1854. Germany, in 1871; the United States in 1873; the Scandinavian countries in 1874; Holland in 1875; France and the Latin Union in 1876; Austria-Hungaiy in 1892; India in 1893; Japan in 1898, and Russia in 1899. Among the big countries only China abstained.

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Summer Cruise to EUROPE &. *298 up "sr; Shore Excusions Included Everywhere 32 Days . . . each brimful of happiness . . . effortless rarel in a luxurious transatlantic liner ... all the amenities i.f a European voyage coupled with the joys of a pleasure cruise and visits to Europe's high spots. Complete details mar he obtained from A. KIKTZ, MANAGER TRAVEL BI'REAC The Leading Trarel Bureau of Indianapolis ftUNION TRUST^ 120 E. Market St. ' Riley 5341

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There was a reason for all the world going on gold in this fashion during the latter half of the nineteenth century. The world's greatest gold finds came during those years. Whereas from the discovery of America until 1850, the world production of gold probably did not surpass $3.C00.C03,000. the next four score years quadrupled the output cf the preceding four centuries. The California, Australia. South Africa and Klondike strikes all came after 1848. Today, strictly speaking, the whole world again is off gold. But it has not returned to silver. Generally speaking, it uses paper money. The status cf silver ard gold, with regard to one another and with paper currency, is an unknown quantity. It is a problem the world monetary and economic conference at London must solve. Unless it does so, it is admitted, the world faces unprecedented monetary chaos and disaster. Next—The Great Gold Conspiracy. TAXPAYERS GET BREAK IN MORGAN HEARING /.mplifier System Costing On!v Fee for Installation. By United Press WASHINGTON. June 9—The taxpayers are getting a break in the public experience of the senate investigation. They are saving a few dollars every day because the senate succeeded in getting a special rate on the hearing room amplifier system. Ordinarily, equipment of the type, being used to make the Morgan testimony audible in the large senate caucus chamber costs S3O for the first day, with a somewhat lower rate as the equipment continues in use. Because of the wide publicity given the Morgan hearing, however, a special rate which barely covers the cost of installation and maintenance, has been agreed upon. The amplifier company hopes to make up the balance through publicity gained by use of tradename in news stories. DRIVER GETS ONE YEAR Also Fined SIOO for Failure to Stop After Accident. Claude Adams, 36, residing at Forty-sixth street and Shadeland drive, Thursday was sentenced to a year at the state penal farm and fined SIOO by Criminal Judge Frank P. Baker on conviction of failure to stop after an accident. A manslaughter charge against Adams was taken under advisement. Testimony was that Adams, using a borrowed car, injured fatally Mrs. Leila Hodson Tezrde, 2227 Bloyd avenue. May 7 when he ran her down at Roosevelt avenue and Gale street and drove away.