Indianapolis Times, Volume 45, Number 47, Indianapolis, Marion County, 5 July 1933 — Page 1

//TO-WQWWO

TWO FIRMS IN CITY ANNOUNCE WAGE RAISES Artisans Put to Work by Another Concern on Remodeling Project. MORE JOBS IN VIEW Business Tone ‘Healthier,’ Asserts Steam Pump Works’ Head. Announcements by three concerns of increased employment, wage raises, or adoption of a short hour week swelled the echo of returning prosperity today in Indianapolis and elsewhere in Indiana. The Lone Star Cement Company, with offices in the Continental Bank building, and a factory at Limedale, Ind., announced substantial increases in wages ana shorter hours, effective at once, for all factory employes. The company aLso announced an increase in price of 25 cents a barrel on its product. Announcing the new policies of the concern, H. Struckmann, president, said: "We believe it is of the utmost importance to the success of the plans of the administration to bring about increased employment and increased purchasing power as quickly as possible. This we have tried to accomplish by anticipating the wishes of the government through the shortening of hours and the increase of pay effective today. Wage Cut Is Restored ‘‘Cement prices in practically all territories have been below cost for some time and it will be some time before we realize any real benefit from the price increases announced. The wage and salary increase, however, will take effect immediately.” Restoration of a 10 per cent wage cut for half of 100 employes of Dean Bras. Steam Pump works, 323 West Tenth street, effective Thursday, was announced today by Ferris Taylor, treasurer. "We have noted about a 20 per cent increase in the cost of materials since the inflation became effective.” said Taylor. "We felt that our employes also were feeling it, so we decided to restore the wage cut. The lower salary brackets in our concern never were cut despite the depression.” Notes ‘‘Healthier Tone” Taylor said he had noted a ‘‘heaithier tone” in business generly and hoped to put more men to work soon. Carpenters, mechanics and other artisans will be put to work immediately renovating the forty-year-old Sagalowsky Bottle Company building at 605 South Capitol avenue. The bottle works, recently incorporated with the Capitol Bag and Burlap Company, 129 West Merrill street, owned jointly by Louis Sagalowsky and David Berman, will follow the code in regard to its employes. as provided under the new industrial recovery act. Headquarters for the concern will be in the offices of the bottle works in South Capitol avenue. The West Merrill street property will be used as a warehouse in the future. Unemployment Drops By l nih 'I Print i SOUTH BEND. Ind., July 5. Business gains at South Bend, Mishawaka and Elkhart showed today that unemployment rapidly is decreasing. St. Joseph county poor relief rolls, becoming steadily smaller each week, indicate that less than 5,000 persons will be receiving aid in the county by Sept. 1, according to E. J McErlain, county relief commission chairman. The number now has dropped to 6,000 families. Factories in South Bend and Mishawaka daily are putting more men to work, McErlain said, with the impetus showing no signs of slowing. Spurts of industrial activity in Elkhart so far are above seasonal advances that industrialists feel the speeding pulse of better business. Gains, above the seasonal, are from 5 to 25 per cent, they estimate. Concord township, in which Elkhart lies, recorded an 8 per cent poor relief expenditure decrease in June, despite commodity rises. Freight and passenger pickups of the New York Central railroad, the latter caused partly by worlds failtraffic. has sent many a furloughed Elkhart railroad worker back to work. Elkhart officials of such manufacturers as the Chicago Telephone Company, Metal Forming Corporation, Elkhart Rubber Works. Adams and Westlake Cos., the Illinois Carton and Label Company and the American Coaling Mills all believe an upturn has arrived. Hourly Temperatures 6a. m 63 10 a. m 79 7a. m 68 11 a. m 81 8 a. m 74 12 (noon*.. 81 9 a. m 77 1 p. m 84 Times Index Book-a-Day 7 Bridge 7 Broun Column 4 City Briefs 12 Classified 10 Comics 11 Crossword Puzzle 5 Curious World 11 Dietz On Science 10 Editorial 4 Financial 9 Fishing 12 Herblock Cartoon 4 Hickman Theater Reviews 7 Obituaries 7 Lippmann Column 9 Playground Page 5 Radio 10 Serial Story 11 Sport* g-io Vital Statistics 10 Woman's Pages 6-7

The Indianapolis Times Fair and slightly warmer tonight and Thursday.

VOLUME 45—NUMBER 47

Cops’ Semaphores to Go

Traffic Chief Talks Safety Board Into Ruling Out Downtown Signals.

CORNER traffic policemen in Indianapolis are to lase their signal stands July 15 on an order of the board of safety today to discontinue use of semaphores at ail intersections during the day time. Signal whistles will be substituted for red and green signs. Traffic CsDtain Louis Johnson, made the request to abandon the stands and in a statement to the 'board termed the standards, "leaning poles, traffic hazards, ana inadequate to handle Indianapolis traffic.”

"Officers are inclined to become lazy, from leaning on them, Johnson said. "Another thing, they create the impression that the officer is lonesome, and a lot of big-hearted folk stop to visit with him.” Under the new order, a traffic officer will be allowed to roam around on his corner, and will not be required to stand in one spot.

DISSOLVES MILK WAR INJUNCTION Judge Cox Voices Urgent Need for Strict Contract on Hauling. Urgent need for a "strict and binding contract between milx haulers and milk producers” was voiced today by Circuit Judge Earl R. Cox when he dissolved a temporary order restraining the Indianapolis Dairy Producers Council from interference with twenty-one distributors and the Polk Sanitary Milk Company. Asa sequel to the circuit court refusal to make the order permanent, a joint committee of the producers and haulers will meet this afternoon w'ith Lieutenant-Governor Clifford M. Townsend in an effort to iron out the tangled milk situation. The question involved in the injunction petition, Cox held, hinges on the difference between vested and inherent rights. "The haulers,” Cox held, "were operatnig only under an inherent right, or the right any one has to make a living, and not under a vested right, or one conferred by law. "The court finds no vested right, but only a ‘contract at will,’ and finds further there were no overt acts of duress or violence. "Farmer producers are not obligated to use the haulers and are free to obtain milk transportation from another agency.” Cox fixed the appeal bond at SIOO when Sidney Miller, attorney for tne haulers, indicated an appeal to the supreme court is likely. The haulers had charged the producers’ council with intimidation in attempting to gain control of milk collection route's. BODY OF BOARDMAN IS FLOWN TO HOME Brother Fulfills Pact With Famous Aviator. A pact by brothers that one should carry the other’s body back home by plane, was fulfilled Tuesday, when Earl Boardman landed at Rentschler field. East Hartford, Conn., with the body of his brother, Russell Boardman. trans-Atlantic and speed flyer, killed here in a plane crash. Russell Boardman died in the city hospital Monday of injuries incurred Saturday when he took off from Municipal airport on the second leg of the Bendix trophy east-west cross - country speed flight. His brother left Municipal airport here Tuesday at 3:05 with the body, flying his own plane. Funeral services for Mr. Boardman will be held at 3 Thursday at the Third Congregational church of Middlestown, Conn., his birthplace. Services will be conducted by the Rev. David L. Yale, pastor. Burial will be in Miner cemetery, Westfield, Conn., in the family plot, beside the graves of the aviator's father and mother. FRIENDS ASK SLAYER’S RELEASE FROM PRISON Virgil Decker, Insurance Murderer, Is Serving Life Term. By United Press WARSAW, Ind., July s.—Petition for the release of Virgil Decker of near Atwood, serving a life term at the Indiana state prison for the murder of Leroy Lovett, Elkhart, is being circulated by friends here. Decker was convicted of first degree murder in Kosciusko circuit court in 1921. Clarence S. Darrow, Chicago, defended the case. It was chargea that the murder was committed in an attempt to collect $24,000 insurance an Decker's life. After Lovett was slain it was charged, the body was placed on a railroad track, where it was hoped it would be mangled beyond recognition and could be identified as that of Decker. TURNER WINS CUP RACE Pilots Speed Plane to Victory in Thompson Trophy Event. By I'nitcd Press LOS ANGELES. July s.—Colonel Roscoe Turner, veteran speed flier, today held a major share of the glory and riches of the 1933 national air races. He climaxed his brilliant performances of the meet by driving his golden Wedell-Williams plane to victory in the Thompson trophy event at the close of the races Tuesday. He also won the Bendix crossnation race last week.

His hands and arms will also be free to unsnarl traffic tie-ups. The new' regulation will not apply to night traffic direction, at first, as the old traffic standard with red and green lights w'ill be used. However, if the system proves satisfactory, flood lights will be set on downtown buildings to "spot” the traffic officer.

ITALIAN PLANES HOP TOICELAND Fleet of 24 Flying Boats Start Third Stage of Trip to Chicago. By United Press LONDONDERRY, England. July; s.—General Italo Balbo today led his fleet of twenty-four Italian royal air force flying boats on the third stage of their trip to the Chicago exposition—a 930-mile flight to Reykjavik, Iceland. Balbo’s plane took off from the waters of Lough Neath at 12:40 p. m. (5:40 a. m., Indianapolis time; and the other planes followed group by group. The last plane took the air at 1 p. m. (6 a. m., Indianapolis time). Held here since Sund t y by bad weather, the planes faced a dangerous stretch of their 7,100-mile Orbetello - Chicago flight on the cruise to Iceland. Their course lay northward along the Hebrides islands and northwestward across the Atlantic, up above the southern extreme of the drift ice Areato Reykjavik, off the great Faxa Fiord on the west coast of Iceland. BOY FRIEND CONFIDANT OF CO-ED, IS CLAIM Girls Ideals Change Rapitil) in Four Years, Teachers Learn. By United Press CHICAGO, July s.—When a girl enters college her trusted confidant is her mother, but by the time she has finished, it usually is her boy friend, the nation's teachers v r ere told at their annual convention Tuesday. This w'as the finding of Opal Lynn, research worker of lowa State college, who told the sociological section of the National Education Association of her efforts to discover how a girl's Ideals and attitudes change during college life. The study was made at lowa State. "Freshman girls confide most often in their girl friends,” said Miss Lynn, "but they prefer their mother as a confidant. When they are seniors, however, the boy friend tends to be the recipient of their confidences.” She told of other changes that four years of college life brings. Freshman girls w-anted to have a career followed by marriage. Senior girls had dropped the career idea and wanted marriage most of all. GEORGE WINKLER’S WIFE TO QUIT FEDERAL JOB Resignation to Be Effective Aug. 1 as Result of New r Ruling. Resignation of Mrs. George L. Winkler as stenographer in the newfederal probation department will become effective Aug. 1, as result of anew federal ruling barring employment of both husband and wife in federal service. Mrs. Winkler is the wife of George L. Winkler, Republican, former prohibition administrator for Indiana and later Marion county sheriff, now’ an agent in the federal liquor permit division. She served for a number of years as chief clerk in the district attorney's office, resigning last February to take her present post. She will be succeeded by Miss Betty White, 1307 Ewing street, daughter of John White, city detective for a number of years. WOMAN SETS UNDRESS MARK OF 11 SECONDS Winner Beats Man in Water in Life-Saving Contest. By United Press CHICAGO, July 5. Elizabeth Mueller has added an important bit of facts to science by proving that a woman can undress in eleven seconds flat to win a life-saving contest conducted by a Y. W. C A. unit. Nolan Crall, first among the men to get his clothes of, required fifteen and two-fifths seconds to get ready to plunge into the water. All the contestants wore swimming suits under their regular clothes and were considered disrobed when ready for the water. FIVE PERISH IN STORM Seventy More Adrift on Disabled Barges in Atlantic Gale. By United Press NEW YORK, July s.—Seven coast guard boats and a seaplane frantically searched wind-swept seas from Cape May, N. J., to Lewes, Del., today for seventy or more persons adrift on barges disabled by an unseasonable storm that wrecked half a dozen other vessels and swept at least five to death.

INDIANAPOLIS, WEDNESDAY, JULY 5, 1933

RELEASE OF JAKE FACTOR IS EXPECTED Hopes Revived After Break in Negotiations With Kidnapers. WIFE NERVOUS WRECK Son Believes Father Making Ransom Arrangements With Captors. BY ROBERT TANARUS, LOUGHRAN United Press Staff Correspondent CHICAGO, July s.—Hopes for early return of John (Jake the Barber) Factor, held by a kidnap gang for ransom reported to exceed SIOO,OOO, were revived today with passage of the Fourth of July holiday and week-end, during which negotiations came to a halt. While Factor’s wife, once described as Europe's best dressed woman, was in nervous collapse from worry and anxiety, friends still believed the former Halsted street bootblack, who ascended the peaks of British financial operations, was dealing with the abductors himself and would win his freedom. Mrs. Factor collapsed Tuesday, the third day after her husband was seized, while she and Factor’s 19-year-old son, Jerome, looked on. Son Is Confident Young Factor believed his father was attempting to convince his kidnapers that he would pay the ransom after he is released. "Father never broke his word to anybody,” Jerome pointed out, confident that his father was unharmed and being treated with respect. Jerome recalled his experience less than three months ago when, for eight days, he was in kidnapers’ hands. At that time the elder Factor remarked he wished it was he who 'had been taken, expressing confidence that he would be able to effect his release. Reiterating that neither he nor his mother, Mrs. Leonard Marcus, Factor’s first wife, . nor Factor’s present wife has access to Factor’s securities. Jerome explained his father probably was attempting to convince the gang that the family and friends were unable to raise more than a "modest" ransom. All Was Fake, Belief Jerome concluded that a telephone call he received last Sunday night asking $75,000 ransom and promising to furnish instructions for payment was not from a member of the gang. No more calls have been received, he said. Friends of the family pointed to Mrs. Factor’s collapse as proof of a theory advanced by skeptics that the kidnaping was "staged” so Factor could escape hearings on his extradition to England. He is wanted here on charges of having swindled Londoners of $7,000,000 in numerous financial enterprises he sponsored there several years ago. BODNER ARRAIGNED IN CRIMINAL COURT Date for Arguments Is Not Set by Judge. Sol C. Bodner, prominent Indianapolis attorney with offices in the Meyer-Kiser bank building, today was arraigned in Criminal court on charges of receiving stolen goods and filed a motion to quash the indictment with an accompanying request for oral arguments. Judge Frank P. Baker did not set a date for arguments on the indictment which charges that Bodner received part of the loot of a gang of bank and filling station bandits. Bodner is at liberty under SI,OOO bond, following his arrest Saturday. A like procedure was followed by Louis Rosenberg, attorney, charged with subornation of perjury. Baker did not set a date for Rosenberg’s case in which the attorney is alleged to have suborned perjury by Melvin Lee Hindman, former Indianapolis police officer, who was chief defense wtiness in the case of James C. Scanlan, convicted of conspiracy to defraud. FEDERAL PAY CUT EXTENDED TO DEC. 31 Roosevelt Takes Step After Studying Cost Index. By United Press WASHINGTON. July s.—The 15 per cent reduction in the salaries of all government employes was extended to Dec. 31 today by President Roosevelt in an executive order. The extension from July 1 was made after a study of the costs of living index for six months ending June 30% The cost of living for that period was 23.9 per cent lower than for the base period, namely the six : months ending June 30. 1928. REJECTS BURIAL HONORS Irigoyen's Daughter Refuses All Advances of Government. By United Press BUENOS AIRES, July s.—Angered by government refusal to permit the body of Hipolito Irigoven, former president, to lie in state in the cathedral, his daughter, Elena, today rejected all official honors for his funeral Thursday.

FATE OF LONDON CONFERENCE WAITS JOINT U. S. BRITISH PLEA

Rosa Ponselle Makes Heir to Italy’s Throne Stop Smoking at Performance

it v l_ . v jdk

Rosa Ponselle

TONSILS SEARED BY FIRECRACKER Explosion of ‘Dud’ Causes Doctors to Marvel at ‘Operation.’ Anew, but not recommended, attempt at tonsil removal was being studied today by Indianapolis surgeons as they marvel at the strange case of James Dawson, 13, Negro, of 961 North Belmont avenue. None of the time-tried knife or loop gun for James. He holds no brief for such orthodox methods. James blasted for his tonsils Tuesday night with a "dud” firecracker and he almost got them. Smoking at the tender age of 13 stunts the growth of a boy and smoking a discarded firecracker stunts the tonsils, James found. He was pretending the "dud” cracker was a cigaret, but the cracker wasn’t dead—it just was quiescent for a moment. The cracker backfired so did James’ tonsils and Patrolmen Don Milburn and William Gillespie took him to city hospital. Doctors found the "operation” had been interesting, if not what could be termed successful. Marvelous technique, couldn’t have done better myself,” one doctor was quoted as saying to another, but he was suspected of having his tongue lodged firmly in his cheek. The official announcement was: "The tonsils were lacerated and the interior of the mouth powder burned.” James received a dosage of tetanus antitoxin and was sent home with the odds easily a 100 to 1 that he will not smoke “dud” firecrackers when he is 14. CAMPING SEASON OF GIRL SCOUTS OPENED Gather at Garfield Park for Program in First of Series. The Indianapolis Girl Scout day camping season opened today, when members of various troops gathered at Garfield park for a program of nature study, handcraft, dramatics, tennis, games, and songs. The program is under the direction of the specially trained day camp staff, headed by Miss Martha E. Crawford, of Scranton, Pa. On Thursday, a day camp will be held at Brookside park; Friday, at Fairview; and on Tuesday, July 11, at Riverside. The work will close Aug. 1. Any Girl Scout is eligible for the camps, upon the written consent of her parents, and payment of 5 cents a day. Scouts will meet in the shelter houses in the parks, and in Jordan Memorial hall at Fairview. A graduate nurse is in attendance at the camps. FIVE JURYMEN SEATED Part of Criminal Court July Panel Selected; New Venture Drawn. Jury for the July term of Marion county criminal court will be completed Monday when a venire of thirty names is drawn. Five members of the new jury were selected today. They are Fred Halting, farmer. R. R. 12, Box, 305; John Hanna, railroad man, 2940 North New Jersey street; Albert Fuhrmann, electrician, 2165 North New' Jersey street; Charles E.'Bates, maintenance man, 1229 Martin street, and Roy C. Gault, printer, 634 West Thirtieth street. VETERAN LAWYER DIES M. F. Pate, Attorney fifty Years, Passes at Bloomfield. By United Press BLOOMFIELD, Ind., July 5.— : Minor Frank Pate, 75. Greene county lawyer for more than fifty years, died here Tuesday. Alexandria Paper Sold By United Press ALEXANDRIA. Ind., July 5. Merrill D. Dionne, formerly of Plymouth, Wis., has purchased the Alexandria Daily News from Kenneth J. Sullivan, publisher since 1911 k

Entered tin Second-Class Matter at I'ostoffice. Indianapolis

By United Press TY OME, July s.—Rosa Ponselle, Metropolitan opera star, made Crown Prince Umberto toss away his cigaret at a command performance at Naples, Tuesday. "Ha, ha,” laughed the singer in the midst of her performance, “who’s smoking?” “Do you dislike smoke?” asked the crown prince with a smile. "Your highness,” said the singer, "I have -one obsession—it is against smoking when I a,m singing.” The prince crushed out his cigaret with his heel. He later said he found her frankness so amusing that he related the tale to friends at a court dinner tendered Mile. Ponselle. "With a voice like yours,” said the prince, “you belong in Naples. Stay with us.” The singer had an audience with Premier Benito Mussolini Tuesday night.

Bread Price Boosted by City Dealers Wholesale and retail price of bread was increased generally 1 cent a pound loaf here today, as result of recent increased price of wheat and other raw materials. Local bakeries hiked wholesale prices for a one pound loaf from 5 cents to 6 cents, and one and onehalf pound loaves from 7% to 8 % cents. Most independent retail stores increased prices accordingly to 7 and 10 cents, according to Charles Ehlers, local baking association secretary. Ehlers said the present price rise was due entirely to raw material price hikes. The new federal processing tax of $1.38 a barrel of flour will become effective next Sunday and may result in another half cent increase in bread prices. Cost of flour has advanced 25 per cent in the last twenty days, Ehlers said. He pointed out that the department of labor, in a recent bulletin, stated Indianapolis had the lowest bread price, averaging 4.8 cents a pound, in a group of the larger cities of the country. San Francisco had the highest price, averaging 8.3 cents. Local chain stores were reported to have increased bread prices to 6 cents for one pound loaves and 8 cents and 9 cents for one and onehalf pound loaves. 14 BOYS START ON MUSEUMEXPEDITION Group to Cover Portion of Oregon Trail. Fourteen khaki-clad boys left Indianapolis this morning, in the fourth annual Children’s Museum field exposition, escorted by Hillis L. Howie, museum director, and Gordon H. Thompson and Philip Sweet, assistants. All but four were from Indianapolis. The local boys on the trip are: James Darlington, Andre Rhoads. Alex Holliday, Bob Fortune, Harley Rhodehamel, Alan Appel, Joe Langfitt, Bob Trimble, Jim French and Bob Failey. The out-of-town boys making the trip are Tom Pogue of Cincinnati, John Crume of Peru, Jack Breed of Swampscott, Mass., and Dan Marshall of Newton Center, Mass. The itinerary of the expedition includes a portion of the Oregon trail, from Grand Island, Neb., to Independence Rock, Wyo., with a side trip into Rocky Mountain Na- | tional park. RESUME WATER HEARING Construction Engineer Is Quizzed by Attorneys for Firm. Hearing of the Indianapolis Water Company’s federal court suit for higher rates was resumed today with Willard J. Reintjes, local construction engineer, on the stand again, explaining how the city’s appraisal figures were arrived at. Answering charges of water company attorneys that he had taken a company appraisal and arbitrarily deducted 40 per cent to get some of his figures, Reintjes explained that analysis of a number of items revealed that actual values were 40 per cent uelow the company figures for such items, and consequently this method was used. no "killed on foTjrth Traffic Accidents, Drownings and Fireworks Mostly to Blame. By United Prrtt CHICAGO. July s.—The na-' tion’s Independence day celebration cost the lives of at least 170 persons, a survey by the United Press revealed today. Traffic accidents, drownings, plane crashes a,U fireworks explosions contributed the majority of deaths. Combined with casualties indirectly resulting from holiday celebrations they caused 170 deaths, the survey showed. w

■H - §frjL~ . MEL— H Ik

Crown Prince Umberto

"You are the man of the century,” she told II Duce. "Oh, no,” he smiled, “I’m a man just like the others.” He autographed his photograph for her, adding, “with admiration and sympathy.”

M'NUTT WANTS SALOONBANNED That’s His Only Objection to Draught Beer, Says Governor. Governor Paul V. McNutt today reiterated his stand on the question of draught beer. He is for it, at a nickle a glass, he said, "provided a way can be found to handle keg beer without bringing back the old-time saloon which caused prohibition.” During the legislative session, when he refused to permit anything but sale of bottled beer to be written into the beer control bill, McNutt said he was afraid that keg beer would defeat repeal. With repeal voted, he is ready for draught beer, he said. The Governor doubts, however, if court action will bring it back immediately. He will not call a special session of the legislature on draught beer’s account, he said. “I would be willing for the 1935 legislature to vote it with safeguards against the saloon,” he asserted. Democrats are counting on writing a draught beer plank into the 1934 state platform, with the idea that the G. O. P. will take the stand that “the liquor question is no longer in politics,” or some such straddle, it was predicted. SIGHT LOST: GIRL IS GIVEN $15,000 VERDICT Wasson Store Accused of Selling Harmful Depilatory. Damages at the rate of SI,OOO a minute for the time it delibreated were awarded by a Boone county jury when it gave Miss Virginia Kindred, 1313 University court, a $15,000 'judgment against the H. P. Wasson & Cos. department store. Evidence was given that Miss Kindred had lost the sight of one eye and partly lost the sight of her other eye by thalium poisoning, suffered through use of a depilatory she testified she bought from the Wasson store. She had asked $25,000 and the jury was out fifteen minutes in returning the $15,000 judgment. Lengthy and expert medical testimony was introduced by Ryan & Ruckeshaus. Indianapolis, and Rogers & Smith, Lebanon, attorneys for Miss Kindred. NEW INTERNES BEGIN M. E. HOSPITAL WORK Go on Jobs July 1, Announcement of Resident Physician. Internes at Methodist hospital for the coming year began their duties July 1. According to an announcement of Dr. William Dugan, resident physician of the hospital, the internes and schools from which they were graduated, are: George F. Collines and Willis L. Pugh, Ohio State; Jean W. Morris, Allen Hanna, Charles L. Wise, William R. Kelly, C. S. Grahame, David F. Jones and Kenneth E. Thornburg. John I. Waller. Indiana university: Joseph B. Cushman. Rush Medical, Chicago; Russell Aineter and L. J. Dugan, University of Arkansas: W. J. Bauer, University of Iowa; Charles Woodman, University of Edinburgh, Scotland. ASK CROSS-TOWN ROAD Michigan Street to Be Made Through Highway by City. Orders were given the city legal department today by the Safety board to draw up and present an ordinance to the city council, making Michigan street a preferential street from the east city limits to the west. “

HOME EDITION PRICE TWO CENTS Outside Marion County, 3 Cent*

Two Nations to Issue Statement Outlining Their Accord. TRY TO SAVE PARLEYj New Roosevelt Orders to Delegates, Unsatisfactory to Gold Nations. BY HARRY FLORY United Tress Staff Correspondent LONDON. July 5. With the fate of the world economic conference hanging in the balance, the United States and Great Britain agreed tonight on a joint statement which, it was expected, would bear vitally on whether the conference is to adjourn or attempt to continue. After State Secretary Cordell Hull had talked by trans-Atlantic telephone with President Roosevelt, h© conferred for forty-five minutes with Prime Minister J. Rarpsay MacDonald, president of the conference. Professor Raymond Moley and Senator Key Pittman attended the conference. When it ended, Hull told the United Press an agreed statement would be issued at 9 p. m. (1 p. m., Indianapolis time). Parley Again in Danger President Roosevelt’s suggestions on how the world economic conference might continue its work previously today were regarded as decidedly unsatisfactory by members of the conference steering committee. The President’s new suggestions, before being made public today, were conveyed to members of the conference individually and informally. Committee members later advised Hull that unless the President had something more to offer, they felt the best solution was adjournment, with the exception of a few economic subcommittees. The conference thus again was in danger of adjournment, despite the strenuous efforts of the United States, backed by the British dominions, to prevent it. Roosevelt Holds to Stand It was reported that new instructions from the President to th® delegates were even firmer than his telegram of Monday which brought the conference to the verge of collapse. It is believed Mr. Roosevelt reiterated unswervingly that settlement of the currency question is not essential to the conference’s other and vitally important tasks and would urge the conference to get down to work on economic questions. Roosevelt Is Optimistic By United Press WASHINGTON, July 5. —President Roosevelt, plunging into th® tasks of his office aga*n after his sea-going vacation, indicated today that he was confident that the London economic conference would survive its present impasse. At the same time it was made clear that the President intends to stand unflinchingly by his decision not to enter into a stabilization agreement at this time and to follow a three-point currency program. The program: 1. The United States is not ready to export gold. 2. It is not ready to enter into agreements looking to the creation of a stabilization fund. 3. It is not ready for a stabilization fund. The President's optimism over th© future of the conference was in contrast to the gfoom prevailing at London. He appeared hopeful of success of the world meeting after holding a significant trans-Atlantic telephone conversation shortly before noon with Secretary Cordell Hull, delegation head. On the question as to whether the United States would revise its stabilization stand to prevent the threatened conference breakup, it was learned that no such steps were contemplated, the administration feeling that present difflcultie* will be surmounted and the various conferees will get down to the problems of the agenda.

Want Ads Accepted Until 10 o’clock Tonight • Your Times want ad can be phoned in tonight as late as 10 o’clock and will appear In ALL EDITIONS tomorrow starting with the very FIRST EDITION, out at 10:30 A. M. The Times has made this change in deadline arrangement after a study of the methods of handling want ads of leading papers throughout the country. Remember, too, your Times Want Ad brings SPEEDY results at the lowest co6t of any Indianapolis newspaper . . . only 3 cents a word. Phone Riley 5551