Indianapolis Times, Volume 45, Number 28, Indianapolis, Marion County, 13 June 1933 — Page 3

JUNE 13, 1933.

GLASS STEERS BANK INSURANCE BILL NEAR GOAL Virginian May See Measure Pass Now; If Not, It Will by January. BY RAY TICKER Time* Starr Writer WASHINGTON, June 13—Carter Glass has gone and done It again! Twenty years ago, he snarled the federal reserve act through congress in the face of the massed wealth and influence of a hostile Wall street. After that historic battle, Woodrow’ Wilson said of the Virginian's peculiarity of talking out the side of his mouth: "Carter talked that great bill through congress out of one side of his mouth. Think what he could do if he used both sides.” Uses Both Sides! Well, he has used both sides this time. Despite terrific opposition, in both high and low quarters, he has his new banking reform bill in a position where it may get through congress. The conferees have agreed on a compromise after many turbulent sessions, and only the approach oi adjournment and the imminent prospect of a one-man filibuster may prevent its enactment. Even if it is blocked in the last-minute rush, passage next January seems certain. The bitterest fight on the bill revolves around the deposit guarantee. Under the compromise, 100 per cent insurance on deposits up to $2,500 goes into effect on Jan. 1, 1934, for federal reserve member banks and non-member state banks approved by the insurance corporation created by the bill. Uses Graduated System On July 1, 1934, the insurance system is stepped up so that deposits up to SIO,OOO are fully protected, deposits between that and $50,000 have 75 per cent insurance, and all above $50,000 are guaranteed 50 per cent, in discussing admission of non-member banks, glass said: "No non-member bank will be insured without the approval of the corporation. I assume that the corporation will not be stupid enough to permit any bank to enjoy insurance without knowledge of its financial condition.” The treasury contributes $150,000,000 to the insurance corporation, federal reserve banks, $175,000,000 out of their surplus, and protected institutions will be liable for Vfc percent of their deposit liabilities. 760 TO ATTEND BUTLER Summer School Opens Tuesday; Normal Enrollment Expected. Normal enrollment of approximately 760 is anticipated at the thirty-eighth annual session of the Butler university summer school which opens today. Professor George F. Leonard is director of the special term, succeeding Dean James W. Putnam, director since 1920. Registration will be held to one day and instruction will start Wednesday. No class transfers will be allowed after June 28. Instruction in nineteen departments of study will be offered by term ends Aug. 5 and a threeweeks post summer term will begin Aug. 7. BREAD VALUE STRESSED Grocers, Employes Hear Address by Standard Brands Executive. Bread as the key to the daily diet will be stressed in Indianapolis as part of Bread week, which opened Monday night with a dinner for grocers, employes and their families at the Athenaeum. R. W. Varney, New York, general merchandising manager of Standard Brands, Inc., principal speaker, declared broad is the cheapest and best food. He also asserted the local bread price is lower than in any other major city of the country. "The nutritional value of bread equals or exceeds hundreds of more expensive foods —it is the key to the daily diet and the key to the grocery business,” Varney said. RIPPLE ALUMNI ELECT Miss Adah Hunter Named President of Association. Members of the Broad Ripple high school alumni association, Monday night elected Miss Adah Hunter, president, at the association’s annual dinner-meeting at the school. Other officers elected were David R. Johnson, vice-president; Mrs. Hazel Brumnntt, treasurer, and Miss Ruth Stewart, assistant secretary. Mrs. Robert Bosson is permanent secretary.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: J. ines Collins. 1450 Central avenue Chevrolet coupe. 10-144. from in front of J 450 Central avenue. Louis Motcn. 1222 Cornell avenue. Apartment 7. Oakland sedan, 88-856, from Vermont and New Jersev streets. Serrell Pollock. 53 North Dearborn street. Oakland touring. 31-643. from Pennsylvania street and Massachusetts avenue. Floyd A. Wheeler, Letta. Ind., Nash sedan from parking space at Butler uhiverslty.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Swift & Cos.. Ford delivery truck, found at Sherman drive and Pendleton pike. J B Dinkins. 3059 North Illinois street. Ford sedan, found in rear of 829 Camp street. Coburn Motors Company. 550 South MeTidian street Ford coupe, found on parking lot at 550 South Meridian street. Mrs. Wayne Ray. 2010 North LaSalle street, Chevrolet coach, found in rear of 2318 Adapts street. Fred rmville, Dixie hotel. Market and liberty streets. Ford coupe, round In rear of 430 East Washington street. IV F Stevens. 612 East Tenth street. Oakland coach, found south of Danville. Ind Plymouth coupe, one license plate. 103163, on rear, motor number 0235794. no certificate of title, found in front of 2118 West Washington street.

PRICES Gold Crown *4 per tooth Bridge W ork .. . 61 per tooth Artificial Set* trading. 50c HP roe " ben Plate* or Bridge* Are Ordered. THE PEOPLES DENTISTS 3644 W. Wali. St. Kxamlnatlon Free

7 FEET, 9 INCHES —REAL GOLF HANDICAP

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Most of us have troubles with our golf but Henry Hite, of Atlanta, Ga., has a handicap that he can’t remedy. With Hite it is his height. Standing 7 feet 9 inches tall, Hite must have specially-made clubs, much longer than the ordinary golfer carries in his bag. Hite dropped in at a municipal course Sunday afternoon and warmed up by swinging at a baseball, atop an elongated tee.

Butler Marriage Class Is Success, Says Dean

Course to Be Continued Next Semester at City University. Answers to questionnaires given students in the marriage class this semester at Butler university proved the success of the venture, Dean Albert E. B. Bailey of the university evening and extension couse, said today. The course will be continued next semester, and a similar one will be offered undergraduates, for which college credits will be given. This will be open to seniors and to a limited number of juniors. There will be separate sections for women and men. Although this semester’s course had no text book, anew book by E. R. Groves, teacher of a similar course for the last six years at the University of North Carolina, probably will be used during the coming year, Bailey said. The book was published recently and is titled "Marriage.” It was written as a possible text book for courses of this nature. _ 32 Adults in Class Thirty-two adult students were enrolled in the marriage class at Butler this semester. Asked in the questionnaire what lectures were considered by them to be most valuable, the students gave the preference to Dr. Thurman Rice, professor of eugenics at the Indiana university hospital. He lectured on the physical aspects of marriage, and set a high ideal for ethics in the marriage state, Bailey said. Other popular lecturers in the course were Dr. F. S. C. Wicks, pastor of the All Souls’ Unitarian church, who spoke on "Marriage as a Clergymen Sees It,” and Professor J. L. Rosenstein of the college of education, who presented physical features of marriage, and the teaching of sex to children. Slight Changes Planned Slight changes in the cotirse, to be made at the suggestion of the students enrolled this year, will be the deletion of legal and historical matter. Matters of personal adjustment will be stressed next semester. Charles R. Metzger, attorney, who had direction of the course this semester, will continue next year. Social workers who took advantage of the course this semester plan to carry Its advantages to women financially unable to take such a college course, Dean Bailey said. DOG ATTACKS CHILD Boy, 7, Severely Wounded on Face, Head and Legs. Severe wounds on the face, head and legs vere incurred Monday by Robert J. Morrow, 7, of 452 North Arsenal avenue, when he was bitten by a chow dog owned by Samuel Conard, 1413 East Michigan street. Police reported they were told by Conard that this was the first time the dog had attacked any one. Junior Smith, 8, of 2048 Ralston avenue, was bitten on a leg by a dog whose owner is not known.

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Henry Hite

Oh, Poppa Lad Drops Kernel Into ♦ Ear —and Guess What Happens?

By United Press , CINCINNATI, June 12.—General hospital physicians swear the following is true: Browne Kachat, 6, was playing with shelled popcorn and dropped a kernel into his ear. He heard a muffled explosion—the corn had popped. Browne’s popped corn was removed by a surgeon.

METHODIST NURSES WILL BE GRADUATED Commencement Exercises to Be Held Friday. Dr. Earl E. Harper, president of Evansville college, will be the speaker Friday night at 8 at the North Methodist Episcopal church when commencement exercises are held for seventy-four graduates of the Methodist hospital school of nursing. Senior class breakfast will be held at 8:30 Sunday morning at the nurses’ residence and the baccalaureate sermon will be preached at the First Presbyterian church at 8:30 Sunday night by the Rev. George Frantz, pastor. The alumnae reception in charge of Miss Irene Girton at 6 p. m. Wednesday has been changed from the nurses’ residence to Avalon Country Club. Miss White will be in charge of the informal homecoming tea from 2 to 5 Thursday. The vesper service, when the seniors present a gift to the juniors, will be held at the nurses’ residence at 3 Wednesday.

FOUR LAWYERS SUED; FRAUD CHARGE MADE $5,000 Asked in Receivership Action on Greek Church. Charging conspiracy to defraud, Harry Alexander Monday filed suit in circuit court for $5,000 damages from Joseph R. Morgan, receiver for the Greek Orthodox chuch; Ira M. Holmes, prominent criminal attorney, and the three members of the law firm of Kane, Blaine & Hollow-ell. Alexander, describing himself as a member of the Greek congregation, asserts '•<* loaned money to the receiver in return for rceivership certificate j which constitute a preferred claim. Holmes is made a defendant as surety for Morgan’s bond. Gideon W. Blaine and Ralph Kane are sued as members of the law firm because of alleged transactions by Robert Hollowell Jr. in collection of attorney fees from Morgan.

THE INDIANAPOLIS TIMES

PRESS QUIZ TU FIX BLAME FUR PLANETRAGEUy Two of Nine Dead Still Are Unidentified; Probe Is Moving Slowly. By United Press CHICAGO, June 13. —An official investigation of possible causes of the world's fair airplane crash Sunday night which caused the death of nine passengers proceeded today while two of the victims still were unidentified. Both the unidentified victims were men. One was described as being about 45, five feet one inch tall, and weighing about 170 pounds. In his burned clothing was a return bus ticket to Buffalo, N. Y. The other was a youth, about 17, four feet eleven inches tall, and weighing about 110 pounds. There were no marks of identification on his body. Registration Is Ordered Due to the slow progress of identification, an order was issued that all persons taking airplane flights at the world's fair henceforth must register. No registration was required by owners of the Northern Light, which crashed at Glenview after bting crippled while attempting to come down at its base at the fair grounds. Investigation revealed that a portion of the propeller for the left motor on the amphibian ship is missing. Authorities believed it may have been picked up by a souvenir hunter after the crash. Probe to Continue They urged its return to determine whether the propeller snapped in the air before the crash. If this occurred, they said, the additional strain may have caused the already damaged left wing to break off, resulting in the crash. A few of the thousands of persons who witnessed the crash testified at a coroner’s jury inquest Monday. The investigation will be continued by federal, county and state authorities until responsibility for the crash is determined, authorities said. BANDIT PAIR GETS $35 Two Masked Negroes Hold Up Drug Store on North West Street. Two masked Negro bandits walked into the drug store of Frank Lobraico, 1201 North West street, Monday night and announced: “This is a stickup!” They lined Lobraico and Clerk Basil Hughley, 3314 West Sixteenth street, against a wall and one bandit went outside and herded in four loitering Negroes, apparently afraid one of them might give an alarm. The bandits then took $35 from the cash register and fled.

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