Indianapolis Times, Volume 45, Number 116, Indianapolis, Marion County, 23 September 1933 — Page 3
SEPT. 23, 1933
BILLIONS IN RUSSIAN TRADE 1 FOR U.S. AWAITS RECOGNITION OF SOVIET; DECISION IS DUE Gigantic Market to Be Thrown Open as Union Starts Huge Expansion Program; Second Five-Year Plan Is Begun. BY WILLIAM PHILIP SIMMS Srrippu-Howard Foreign Editor WASHINGTON. Sept 23—At least a billion dollars worth of Russian orders are waiting to be filled by the products of American farms and factories, according to a report made to officials here. The 500 000 bales of cotton, the deal for which now is being considered, is but a drop in the bucket compared with the trade possibilities following recognition, now regarded as an early probability. Russia's second five year plan, now beginning, cads for 18,750 miles of new railroads. 7.000 locomotives, 2.000 electric freight engines, 1,000 steam engines. 260.000 freight cars. 50,000 passenger cars, and 5.700,000 tons of steel rails.
During the first five-year plan Russia spent 5644.000.000 on water transportation alone. The second five-year plan aims to more than triple that figure. Vast canal, irrigation and hydroelectric projects are to be undertaken and long stretches of railway electrified. Thousands of miles of new highways are to beuilt and the $707,000,000 spent during the last five years on automobile transport is to be exceeded in the next five. Machinery in Demand Some 31,000 miles of air lanes now are in operation in Soviet Russia. This will be increased to 180.000 miles during the next half decade, and enormous fleets of commercial planes will have to be provided for this traffic. Heavy machinery and other typical American products in enormous quantity will be in big demand. If we get into this market now, Washington has been told by business leaders, we should be able to hold on to it for the next fifty years. With 160,000,000 population and growing fast, and with one-fifth the land surface of the globe, Russia has a strong preference for American goods. And as she now is in the midst of a national development such as the world never has seen outside the United States following the 1850s, experts regard her as the most promising market we are likely to see for many years to come. Sees Competitive Credit *•1 could easily get orders for a billion dollars’ worth of American products,” one nationally known leader reported, “if we could offer competitive credit terms. Without recognition such terms are impossible, save perhaps in isolated deals financed by the R F. C. or some similar federal agency. Healthy trade requires that the relations between the two countries be normalized. Consular officials and banks must be able to function. Every other important nation has an advantage over this country because they have recognized the Soviet Union.
STREAMLINE URGED FOR GREATER PLANE SPEED Better Records Impossible Otherwise, Says James E. Wedell, Designer. By United Press CHICAGO. Sept. 23—Declaring that “any kind speed plane must be streamlined thoroughly to attain such world record velocity as 305.33 miles per hour. James R. Wedell, Louisiana designer, who recently set anew world mark for land planes, indicated what the future may be like if the “air flow” mode aground as well as aloft continues to revolutionize travel. “No one could even approach a new world record for speed without ‘cleaning up’ every nut and bolt—or streamlining to reduce air resistance to a minimum,” Wedell said following his sensational feat. This same trend appears to be gaining popularity in train, automobile and steamship design.
EVEN SWAMP PLANTS THRIVE BEST ON AIR Experiments Conducted With Cattails and Other Wet Land Growths. P4l Seif nee Service lOWA CITY. la., Sept. 23. Swamp plants, commonly supposed not to need air for their roots, nevertheless thrive better in terated soils. This is one of the points demonstrated by recent researches of Dr. B Elizabeth Dean of the University of lowa. Dr. Dean planted cattails, arrowleaf. swamp hibiscus and several other wet land species in various type of soil, giving some the benefits of aeration around their roots and keeping the others in an air' lacking condition. All the plants grew, but the root aerated ones did better than the others, developing more stem and leaf growth as well as lustier, deeper-growing roots. CLIPPING BUREAUS ASK FOR PLACE IN NRA SUN Meeting Reveals Astonishing Growth of 50-Year-Old Business. Bp Unit' and Press NEW YORK. Sept. 23 —The newest allies of the NRA are the press clipping bureaus. They are discussing a code to govern working hours and wages. Representatives have met the Romelike Clipping Bureau here. The discussion disclosed many interesting facts The press clipping industry in America is fifty years old and the service had a remarkable development. In no other country has the clipping service been so highly developed. The public is enabled to gain at a glance the latest news in politics, the arts and other professions, society and big business of * every kind.
DEATH TAKES MASCOT PARROT, OLD SOAK Squawking to Discovery of Fire on Ship During Bird's First Trip. By I'nitrd Prett BRISTOL. R. I, Sept. 23—01d Soak, who was a hero in his day, has died of pneumonia at the Soldiers home here. He was Adjutant Emil Klein's pet parrot, bought by Klein’s brother. George, ten years ago in Haiti. George was then a quartermaster aboard a United Fruit Company ship. During Old Soak's first night aboard the vessel fire broke out aft and escaped the notice of the night watch, but not of Old Soak. He squawked, and the ship was saved.
Paging Noah Webster Attorneys for City Will Use Definition of ‘Dance’ in Effort to Stop Walkathon. WEBSTER, the fellow who knew all the words and answers, but who never heard of or saw a “walkathon,” may cause its discontinuance. James Deery, city attorney, and Herbert S. Spencer, his assistant, in preparing to defend the city of Incjianapolis in an injunction suit which restrains police from interfering with the walkathon at the state fair grounds will base their defense on the definition of the word “dance” as defined in Webster’s New International Dictionary.
Pushing the large volumn, around the office on w’heels, Derry asserts that the words “dance” and “walk” are synonymous. “To dance.” according to the dictionary, and a phrase included in the city ordinance which is under fire—is defined as: “To perform, either alone or with others, a legular succession of movements, commonly to the sound of music. Or to “bob up and down as a mote in the air.” Or “to execute serpentine movements or evolutions, compared to the old dance called the “hay.”
Committees Chosen for Cathedral School Fete
Chairmen Select Aids for Fair to Be Held Oct. 6 and 7. Committees to take charge of the Cathedral high school fair Oct. 6 and 7 on the school ground were named today. Mrs. Daniel McCool, chairman of the ice cream booth, has selected the Mesdames M. A. McCoy, John Quinn, Thomas Lanahan, Charles Jonas, John Feeney, Henry Wolf la, Thomas Blackwell, Edward Meunier, David Connor, Phillip Mann and Daniel Doyle to assist her. Ten ponies and a merry-go-round for the children will be in charge of Mrs. George A. Smith, assisted by Mrs. Leroy Keach, Mrs. George Knue, Mrs. William Brennan, Mrs. Walter Kibbler and Mrs. Joseph Hoffman. • Mrs. Glenn Cruzan, chairman of the home-made candy booth, has named as her aids. Mrs. Joseph J. Argus, Mrs. John J. Bulger, Mrs. A. E. Coddongton, Mrs. T. E. Courtney, Mrs. Bert F. Deery, Mrs. Leo Hammelgarn, Mrs. Louis P. Kirsch, Mrs. W. F. Koss. Mrs. Leland Merrill. Mrs. R. J. McManus, Mrs. J. F. O'Mahoney, Mrs. W. H. O’Brien, Mrs. Herbert C. Smith, Mrs. B. C. Steinberger and Donald Shimer. The Lady Bountiful booth committee, of which Mrs. Timothy J. McMahon is chairman, will include Mrs. Harry Connor, Mrs. Charles Dexler, Mrs. Thad Brown, Mrs. John Moriarty, Mrs. Ignatius Godecker, Mrs. Andy Donlan. Mrs. George Maude, Mrs. Leonard Harrell, Mrs. Lawrence McMahon, Mrs. George McDonald, Mrs. Nicholas Biliman. Mrs. Karl Ruddell and Mrs. William Keisle.
Safe, at Last McNutt Bodyguard Is Reported Dropped.
OVER NOR PAUL V. M'NUTT has dropped his bodyguard. It was reported at the Statehouse today that Harry G. Willet, state policeman, who has been in constant attendance on McNutt since he took office last January, has been made assistant property and disbursing officer of the Indiana national guard. Harvey Hire, plain clothes man with the state police, will be the McNutt guard when needed, it was said.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: Clarence L. Moore. Liberal. Kan.. Ford coupe. 53-176 Kansas, from Terre Haute.
BACK HOME AGAIN
Stolen automobiles recovered by police belong to F J. Schmetzer. 425* Otterbem avenue. Ford coupe, found in rear of 611 North Blackford street, stripped of license plates 41-799. Ray S Peters. 1046 East Washington s'reet. Chrysler coach, found at 3328 Park avenue, wrecked
Meets Death as He Swerves Car to Save Dog’s Life
In an attempt to save the life of a dog Friday Esque Sparr. 38. Ft. Wayne, met his own death here when he swerved his car at Emerson Uvenue and state Road 67. crashing into a heavy truck. Sparr was killed instantly, and the dog. unable to scramble to safety despite Sparr's desperate effect to save it. was crushed beneath the wheels of the truck driven by Ira Coates. Muncie. who was injured slightly. Other passengers in Sparr s car were injured, but are improving at city hospital today. They are Mrs. Lora Sparr. widow of the driver; Mrs. J. H. Brucks and Mrs. Estella Adler both of Ft. Wayne, and John Gallcway of Wolf Lake. t
53-Cent Stamp Byrd Issue for Sale to U. S. Collectors.
By United Press Washington, sept. 23. Admiral Richard E. Byrd is going to have a special 3-cent postage stamp, which will cost 53 cents, for his special use in the Antarctic this winter. PostmasterGeneral James A. Farley announced today. The stamp is for use only on letters mailed from “Little America,” Byrd's base in the far south. Farley said if any stamp collectors wanted to have a letter mailed to them from Byrd’s headquarters they should send the letter and 53 cents to the Norfolk, Va., postmaster before Oct. 8. The 3 cents will pay for the stamp, which is big and blue, and decorated with a picture of the globe, and the 50 cents will pay for the service charge, thereby resulting in cash profit to the postoffice department.
Upon these definitions, Derry, who has watched the “walkathon for the last few night, will base his petition to the court asking that the temporary injunction now in effect be dissolved, so that police may act. “There is plenty of serpentine movements in this ’Walkathon,’ Deery declared. “Asa matter of fact, it’s a shame, Webster could not have seen it. His definition would be most interesting and enlightening.”
DENVER MAN HEADS ALUMNI AT DE PAUW Thorntown Native to Lead State Organization. Marion county alumni of DePauw university today were notified of appointment of Dr. Ezra M. Cox, Denver, as secretary of the DePauw Alumni Association and university field secretary. He is a DePauw graduate in the class of 1912, and is a native of Thorntown, entering the university from Frankfort. Dr. Cox plans to meet with alumni groups in each county and help them to organize county groups or clubs. DePauw will observe its one hundredth anniversary in 1937. Alumni will have an important part in the celebration.
TERRE HAUTE BANK HEAD KILLS SELF By United Press TERRE HAUTE. Ind., Sept. 23. Walter E. Rahel, 47, president of the Terre Haute Trust Company, committed suicide at his home here Friday. He was the third president of the bank to kill himself within the last five years. Rahel ended his life with a shotgun in the basement of his home shortly after leaving the bank for lunch. Rahel was elected president of the institution shortly after tho death of James R. Cooper, who committed suicide in November, 1931. Cooper had succeeded James A. Royce, who committed suicide in good health and had been working regularly at the bank. HOG PRICES REACH NEW HIGH OF $5.45 By United Press CHICAGO, Sept. 23. The first phase of the government's unprecedented hog program was completed Friday, simultaneously with the highest market since 1932—a top of $5.45. Authorities, however, were of the opinion that the high hog top had nothing to do with the progress of the government hog program and Secretary of Agriculture Henry A. Wallace admitted that effects would not be felt by the farmer until after the first of the year. LAW OFFICES MOVED Firm of Weiland-Harrison Will Be at 129 E. Market St. Law offices of Louis A. Weiland, deputy prosecutor, and William Henry Harrison have been moved from the Inland Bank building to 129 East Marxet street, .Rooms 607-9. where they will be associated in the general practice of law.
Sparr's automobile was coming toward the city. The truck, operated by the Federal Trucking Coifipany of Indianapolis, was outbound. Lester Miller. 32, Findlay. 0., was arrested on drunken driving charge, following a collision at Noble and New York streets Friday night, in which Miss KatTlieen Davidson. 28. of R R. 1, Box 155, suffered injuries to neck and back and taken to city hospital. Miller's car was in collision with one driven by Walter Richetts of R. R. 1. Box 155, who told police he chased Miller to the 1200 block of East Washington street, where he held him until arrival of police. In a chase through corridors of
THE INDIANAPOLIS TIMES
COP PULLS GUN. OPENS FIRE ON GARAGEJHIEVES Two Routed Under Hail of Bullets as Robbery Is Frustrated. Two burglars who attempted to break into the garage of L. A, Harnish at 3301 East Tenth street early today escaped amid a hail of bullets when they were chased by George Wilson, merchant policeman. Wilson said he fired a number of shots at the burglars when they ran. A window of the garage was broken, but nothing had been stolen. John Stout, 23, Bridgeport, filling station employe at the National and Harding roads, was taken for a ride by bandits Friday night, but was not harmed. Attendant Is Kidnaped Two gunmen, who purchased two gallons of gasoline, drew guns, forced Stout into the car, robbed him of sls and put him out of the car several miles away. Yeggmen jimmied their way into the Davis Fuel Company office, 1310 West Twenty-ninth street, Friday night, knocked the combination from the safe, but failed to get the safe open. They left several good samples of their fingerprints, which were photographed by police. Home Is Ransacked Home of Bert Fowler, 37 North Mount street, was ransacked by a passkey burglar, who took a revolver but overlooked several diamond rings and watches. Police were called to the home of Mrs. Ray McCreery, 4219 Guilford avenue, who reported she discovered a burglar in her home, who escaped without taking any loot.
FOUNDING DATE TO BE MARKED Second Moravian Church Celebration Will Open Sunday. Activities for the thirteenth anniversary services of the Second Moravian Episcopal Church will commence Sunday with Rally and Promotion day in the church school at 10 a. m. The Rev. George C. Westphal, pastor, will conduct the services. Following a basket dinner in the social room at noon members will observe the anniversary love feast at 3 p. m. At that time the members will follow the old church custom of drinking coffee and eating rolls in a common meal. Dr. Frederick Kershner, dean of the college of religion at Butler university, will be the principal speaker of the afternoon. Members of the Hope (Ind.) Moravian congregation and the First church of this city will attend. The Rev. E. Drebert, pastor of the Hope church; the Rev. Samuel Wedman, pastor of the First church, and the Rev. Joseph A. Mears, pastor of the First United Presbyterian church of this city, will bring greetings. Mr. Drebert will preach the sermon at the evening service. The anniversary celebration of the holy communion will conclude the service. The choir, directed by Mrs. Dona Lee, will provide music for the afternoon and evening services.
Sacrilegious Burglar Invades Store on Holy Holiday.
HOLIDAYS, Jewish or otherwise, mean nothing to burglars, Ike Morris, proprietor of a store at 943 South Meridian street, learned when he opened his store late Friday after being closed in observance of Rosh Hoshonoh. Thieves who backed a truck into the rear yard of the store and jimmied a window, obtained $34.50 in cash and clothing, Morris-re-ported.
SOCIAL SPEAKER
ipl s#
Rowland Hayne;
Rowland Haynes, Washington, field representative of the federal emergency relief administration, wiil be one of the principal speakers here Oct. 3-4-5 at the Indiana Conference on Social Work.
city hospital Friday night, Leland C. Morgan, 27, of 4914 East Tenth street, was recaptured by police, after he attempteed to escape from the detention ward, having been committed on a drunken driving charge, following an auto accident at Pennsylvania and Washington streets. Miss Dorothy Swanner, 21, of 2922 Jackson street, riding in Morgan's car, suffered lacerations of the face. She told police that Morgan hit a parked car at the street intersection and crashed into a safety zone guard. Mrs. Iva Clark, 32, of 212 North East street, was dragged twentyfive feet Friday sight under an au-
JOHN GILBERT’S NEW LEADING LADY
1 IS**
Introducing Miss Susan Ann Gilbert, the six-weeks-old young lady at the right. Her mother, wife of John Gilbert of the films, known professionally as Virginia Bruce, looks on admiringly as Susan Ann makes her camera debut.
Times Sponsors Teaching of New Hollywood Tango
Gene LaVerne, Dance Creator, to Give Lessons on Indiana Roof. The Hollywood tango is here! Or, at least it will be here next Monday, when Gene LaVerne, famous dance creator and teacher will appear at the Indiana roof to offer free dance instructions to Times readers and patrons of the Indiana Roof. Dance masters and ballroom experts all over the country have been predicting a change in dancing since 3.2 beer became a legal beverage. LaVerne, favorite movie star dance instructor, heard the warning and heeded. The result was the Hollywood tango which he introduced in the movie colony, where it was acclaimed by such stars as Carole Lombard, Peggy Hopkins Joyce, Jean Harlow, Gloria Stuart, Thelma Todd, Dorothy Jordan, Claudette Colbert, Helen Twelvetrees and scores of others. Among the Hollywood actors who have approved the new dance are George Raft, Richard Arlen, Lew Ayres, Joel McCrea, Tom Brown, and even little Dickie Moore, juvenile star. Now The Times and the Indiana Roof offer a series of six lessons free to Times readers. The instruction, which will start next Monday night, will be given by LaVerne from 7:30 to 8:30 each night on the roof. Diagrams and instructions on the tango will appear in The Times each night starting Monday. Readers who can not avail themselves of the free lessons to be given on the Indiana roof should follow these instructions and diagrams closely.
FIRST SERIES FAN LINES UP AT GATE By United Press NEW YORK, Sept. 22. Art Felsch, unemployed nephew of a former Chicago baseball star and a native of Milwaukee, got in line today for the first bleacher seat for the world series, Oct. 3. He said his uncle was Oscar (Happy) Felsch, former White Sox star. He hitch-hiked from Milwaukee and had sl.lO when he arrived. CONVICT MAN FOUND DRESSED AS WOMAN James Henry, 29, Meted SSO Fine for Conduct Offense. Charged with disorderly conduct and vagrancy when he was arrested wearing feminine attire at East and Ninth streets Sunday night, James Henry, 29. of 1938 West Michigan street, was fined SSO and costs in municipal court Friday. Henry told the police that he was attending a masquerade party. Policemen Richard Rivers and Thomas McCormick arrested Henry after a chase. ■ SOUIRRELS ‘JUMP GUN’ i Hibernate Two Weeks Early Due to Too Much Feeding. By United Press YELLOWSTONE PARK, Wyo., Sept. 23—A1l because they ate well, but not too wisely, eight ground | squirrels went into winter hibernation two weeks early this year. The squirrels were fed during the summer by Willis T. Smith, ranger naturalist in charge of the Madison museum. As they ate and ate, they grew fatter and fatter—and sleepier. About Aug. 1 Smith missed his guests, and found they had retired for the winter.
tomobile driven by Mrs. Esther Guier, 23, of 511 North New Jersey street, who was arrested charged with drunken driving, and assault and battery. Witnesses told police that Mrs. Clark, walking in front of a filling station at New York and East streets, was struck by Mrs. Guier's car and dragged on the ground when her clothes caught on the automobile. She suffered bruises and friction burns of the body. Patrolman John Finney, 50, of 723 North DeQuincy street, was slightly injured when the police car in which he was riding, collided with another car at Noble and New York streets Friday.
FOREST CORPS TO ENROLL 225 Quota for Marion County Announced by State Relief Director. Marion county’s quota for enrollment in the winter camps of the civilian conservation corps hase been set at 225, it was announced today by William H. Book, state relief director. Book based his estimates on the state total of 1,00 replacements established by the federal government. This is 75 per cent of those in camp from Indiana now, all of whom will be given a chance to re-enlist for a second six-months’ period. Enrollment will be Oct. 2 and the same plan as formerly will be followed, Book declared.
He’s Electric Neon Tube Glows When Held Near Man.
By United Press qpACOMA, Wash., Sept. 23. The nerves of Martin Bodker are all tangled up. The Enumclaw (Wash.) dairyman, known as the “human radio,” generated so much electricity that he ignited a Neon tube held near his body Friday. The tube, similar to those used in commercial signs, cast enough glow to light up a dark room. Dr. S. A. Huntington of Tacom* and William Guston, radio technician, loosed radio frequencies of high intensity on Bodker. They are designing equioment which Bodker hopes will relieve him of intense pain and physical collapse suffered when he hears a radio broadcast. “The man is an electro-chemi-cal entity,” said Dr. Huntington. He explained that the rare affliction probably is caused by interlacing of nerves. FLOWERS ARE PERILED Fungus Growth Fuund Menace to Snapdragon in England. B,y Science Service LONDON, Sept. 23.—Snapdragons, favorite flowers in English gardens, are menaced by the appearance of a new fungus disease. The disease long has been troublesome in flower gardens in Canada, the United States and Bermuda. How it got into England is as' yet unknown. The causal fungus is related to the very destructive rust fungi of wheat, oats and other grains, belonging to the rust genus Puccinia. BEETS YIELD HEAVILY Record Crop of Sugar Roots Grow in Area of Montana. By United Press BILLINGS, Mont., Sept. 23.—The Billings sugar beet area will have a record crop of approximately 450,000 tons this season, according to C. W. Doherty, manager of the local plant of the Great Western Sugar Company. Harvesting of the crop will start early this year, with plant operations expected to begin about Oct. 1 and continue for three months.
yPsM&fxeg September^ 4£o B.OEuripides, Grecian dramatist* been. lS6sßismarck becomes premier or Prussia. . i loll'lsiokin6 in Ire--13-rul over 0 (ionic rude ww* . ■ Jv3s*"Riotvns in Ireland, just°oa general principles
ROOSEVELT TO CLOSE BANKS REFUSING AID IN SWEEPING MOVE TO MY DEPOSITORS Administration Objective to Free Frozen Assets Will Be Made Compulsory; Billions May Be Released Under Program. BY THOMAS L. STOKES Time* Special Writer WASHINGTON. Sept. 23—Once more President Roosevelt appears to have emerged from a skirmish with outright inflationists in command of the field. Practically no one in Washington now believes that he can be stampeded into printing greenbacks, at least in the hear future. Events this week convinced Washington that at least until congress meets, Mr. Roosevelt is confident of remaining master of the situation. The President embarked today upon a giant credit expansion program—indirect inflation—which now embraces direct loans to cotton farmers and in a few days will produce a sweeping plan to pay off depositors of closed banks.
LUNCHEON ILL OPEN YEAR OF CITITSJVT. A. Annual Event Wednesday Is First of Activates for Autumn. The Federation of ParentTeacher Associations will open its fall season with the annual officers’ luncheon Wednesday ■at the Third Christian church, Broadway and Seventeenth streets. The all-day session will start at 10 a. m., and is open to officers, chairmen and interested workers in local associations. The newly elected president, Mrs. W. E. Balch, will be introduced by Mrs. S. M. Myers, retiring president. The afternoon session will include a talk by Mrs. Myesrs on the national Congress of Parents and Teachers last May in Seattle, after which she will conduct a question box and round table discussion. Luncheon reserviations may be, made with Mrs. G. Edward Ten Eyck, 1539 Spann aivenue, Dr. 4748-J, until Monday nigtot. Guests will include Paul C. Stetson, school superintendent; D. T. Weir and W. A. Hacker, assistants; Julian Wetzel, school board president; Mrs. John Askren, Marion county P.-T. A. president; Mrs. L. J. Hughes, Seventh district chairman; Mrs. Clayton Ridlge and the Rev. William F. Rotfienburger, Third Christian church pastor. The committee arranging the session includes Mrs. Ten Eyck, chairman; Mesdames Eucien King, C. L. Ha r rod, Theodore Petranoff and Edward J. Thompison.
OVERPAYMENTS TO OFFICIALS REVEALED Report Cities La Porte County Clerk, Sheriff. When one law provided S6OO compensation and another SI,OOO, the Laporte countjy clerk and sheriff combined the two and took $1,600, according to a,report of discrepancies filed with the state board of accounts today. The report, which alleges various county officials have been mistaken in handling of funds, was given by field examiners to William P. Cosgrove, state examiner. It alleges that Roy W. Leets, Laporte county auditor, took SSOO for a transfer of books without any authorizations; three county councilmen bought $4,820.08 worth of supplies from their own firms, which is contrary to law; and the clerk, Othie Jack, and Sheriff Thomas McDonald owe SI,OBB in overpayments to themselves. DUCK ROUNDUP HELD Thousands Coraled in Canadian Preservation Drive. By United Press EDMONTON, Alberta, Sept. 23. One ox the strangest round-ups Alberta ranchers ever have seen now is under u'ay as provincial game wardens seek to move tens of thousands of ducks into the Inglewood bird sanctuary. A prolonged dry spell left sloughs in which the ducks nested last spring dry. Farmers in the southern part of the province reported myriads of young ducks were waddling into their yards, seeking food and wateir. Aid of the provincial game department was solicited, and several trucks new are on the job, assisting in the unique roundup. GRAVE NEGLECT TO END Potter’s Field at New Orleans Will Be Beautified. By United Press NEW ORLEANS, Sept. 23.—Paupers who die in New Orleans, with no friends or relatives to claim them, will not take their last rest in a neglected unkempt lot. A corp of thirty emergency relief administration workers has started to improve and beautify Potter’s Field, the old cemetery on Canal street, operated and owned by the Charity hospital of the city.
Picture an elderly couple—coming into a bank to withdraw from the fund they had, while younger, so consistently built up for their comfort in their old age. No depression for them —no unhappiness. Will this be you? Are you preparing now? This Strong, Old Company will help you. THE INDIANA TNUST £X2Si $2,000,000.00 GROUND FLOOR SAFE DEPOSIT VAULT
PAGE 3
Federal reserve experts, it was learned today, practically have completed a plan to unlock $2,000,000,000 of frozen deposits by government purchase of preferred stock on a large scale. The objective is to pa> off depositors and set aside slow assets for gradual liquidation. Banks which do not co-operate will be forced into liquidation. The plan will be ready for announcement next week. This plan, coupled with the steps taken to raise cotton and other agricultural prices, represents a, gigantic move to expand credit and put money into circulation and thus meets the aims of the once more rampant inflationists by what President Roosevelt regards as sounder and safer means. Cotton Loans Outlined Perhaps late today, certainly on Monday, the agriculture department will announce details of a plan outlined at the White House Friday for loans to farmers, at 10 cents a pound, on this year's cotton in their possession in exchange for commitments to reduce acreage next year in accordance with the administration's program. This will result in withholding cotton from the market and should stabilize the price at once. The President counts upon his other credit expansion measures to spur the price still further. Cotton now is around 8 cents a pound. This price-boosting plan comes on top of allotment of $75,000,000 for purchase of surplus agricultural products to feed and clothe the unemployed this winter. Both followed quickly on the recent cotton convention which revealed to the administration the threat of aroused farmers. Urge Coal for Needy Today, also, the administration was considering adding coal to the commodities that might be purchased to aid the needy. Economic experts long have regarded the frozen bank deposits ?a a chief deterrent to the recovery program. Freeing of this store of money, they have argued, would 1 contribute to the advance more than any other one thing and would be particularly helpful now that the public works program has failed to come up to expectations. They finally have won President Roosevelt over to the idea that prompt action is needed because of the slow course of the treasury. While the Reconstruction Finance Corporation has bought preferred stock in some ninety banks to hasten reopening, banks have not been quick to take advantage of this assistance. The new plan virtually will be compulsory. It will mean enlarged government control over the country’s banking structure. Alternative Is Debated An alternative plan was considered. This would entail issuance of greenbacks under the inflation act to pay off depositors of closed banks. Bonds first would have to be issued to comply with the act, and then these would be retired by greenbacks. Some within the inner circle preferred this plan but the more conservative won out. President Roosevelt still harbors a taboo against “printing press” money, despite the terrific pressure that has been borught upon him within the last few days by responsible party leaders for direct currency inflation. ROCK GARDEN COHORTS RAZING HISTORIC FORT Only Corner Remains of Old Building at Prairie Du Chien, Wis. By United Press PRAIRE DU CHIEN. Wis.,*Sept. 23. Rock garden enthusiasts are blamed here for the gradual disappearance of historic Ft. Crawford, scene of many battles between Indians and white men in pioneer days. The last remaining part of the fort visible, a corner of the old medical building, is being carried away rapidly, stone by stone, by tourist souvenir hunters. Residents here believe the popularity of the rock garden in re- ! cent years has done more to raze the remains of the old fort than anything else. Tourists view the historic stones, and decide that a stone from the old fort would make a wonderful addition to the rock garden at home. So the old walls are reduced by one more stone. It is estimated that at the present rate there will be nothing left I of the old fort in another ten years. Asa result, a move has been started here to hire a guard ip the historic spot.
