Indianapolis Times, Volume 45, Number 164, Indianapolis, Marion County, 18 November 1933 — Page 2
PAGE 2
U.S. BANKERS HAVE MADE SUCEKRS OF PUBLIC, BOOK BY FAMED ECONOMIST ASSERTS Dr. Max Winkler, Internationally Known, Says We’ll Never Get Back Loans of Rainbow Days. BY WILLIAM PHILIP SIMMS Rcrlpps-Howard Foreign Editor W ASHINGTON, Nov. 18.—By Jan. 1, 1934, foreign governments, states and municipalities will be in default to the tune of $22,300,000,000. / ‘ Interest due and unpaid at that time will total well over $12,500,000,000, and is accumulating at the rate of over $1,000,000,000 a year, or more than $2,000 a minute.
The amount in default represents about sl2 for each man, woman and child in the world, regardless of country, race or creed. It is only slightly less than the total expenditure of the United States government from its start a century and a half ago down to the World war. , These gigantic figures bind the nations of the world together for all time and eternity. They never can pay them. Tney never expect to pay them. Such in effect is the startling introduction to Dr. Max Winkler's book. "Foreign Bonds—An Autopsy,” published today by Roland Swain Company. Comes at Great Time Coming as it does on the heels of by sensational testimony revealed by Ferdinand Pecora and the senate banking committee, it clinches the impression here that the bankers, in the vernacular, have made unmitigated suckers of the public. Dr. Winkler is anew York banker in his own right, and an economist of international repute. An autopsy, he observes, does not help the dead, but a knowledge of what caused the demise might benefit the living. Hmce his “autopsy” on the collossal “dead” debts which foreigners owe, but never will pay. The outspoken volume describes the transformation of the United States from a debtor to a creditor nation with investments abroad aggregating more than $17,000,000,000, mostly within the last fifteen years. This sum does not include the $11,000,000,000 war debt owed to this country by Europe. A Land of ‘Easy Money’ It reveals how Americans “discovered” the world during the last decade and a half as a field for investments, and how the world, in turn, “discovered” America as a land of “easy money,” with a “docile and incomprehensible” public ready at a moment's notice to lend money to friend or foe without giving a thought as to how, if ever, the loans W’ere to be repaid. It tells how reputable bankers and investment brokers took advantage of this public—which depended upon them to look into the soundness of securities before offering them for sale—and unloaded billions of dollars worth of pa per now wprth little or nothing at all. It tells how bankrupt foreign governments were pictured in rainbow’ colors by American floaters. How’ some of the most conservative concerns in the country’ disposed of securities in a w r ay w’hich in England sent people to prison. It's Amazing Story How the kin of high government officials were bribed for their aid in floating virtually worthless bonds sold in this country, and how as much as 90 per cent of the proceeds of some of these loans actually never reached the hands of the borrowers. It is a most amazing story, one every American grow’nup - should read as part of his education. It should be required reading in high schools, colleges and universities. For. while it may be that the Hegelian dictum is true that “we learn from history that we learn nothing from history’." there are exceptions to the rule, and these exceptions—those able to learn from experience—can save money by a study of this book. One Nation Is Gone i Dr. Winkler, among other things, knocks into a cocked hat the popular notion that governments seldom default and struggle to pay lest they be forever branded as poor risks or cheats. France, for example, now in default on her w r ar debt to the United States, “ceased payments at least once every thirty years" from the sixteenth to the nineteenth century. During the last century’, the author points out, not one Latin American republic escaped default, some repeating as frequently as once every seven years. Default on the part of governments, even some of the principal ones, apparently has become a habit rather than the exception. Nevertheless. Dr. Winkler does hold out one little ray of hope, slender though it may be. namely that governments normally prefer to paysomething on account, even if only a few cents on the dollar, rather than default in toto or repudiate.
Gone, but Not Forgotten
Automobiles reported to police as stolen belong to: C. A. Sanders, 936 North Kealine avenue. Chevrolet sedan, from Market and Alabama street. Harold C Myers. 2016 Park avenue. Ford roadster. 45-491 from in front of 2016 Park avenue. Brewer H Hill. Danville. Xnd.. Ford coach. 251-125. from Danville. Ind. W F Lueth. 1532 East Vermont street. Buick coach. 27-5*3. from 1532 East Vermont street. William Richardson. 2911 Park avenue. Packard sedan from Meridian and North streets.
BACK HOME AGAIN
Stolen automobiles recovered by police belong to: A1 Thacker. 1702 North Alabama street. Buick coupe, found at Greenfield. Ind Elmer wood. 1151 Spann avenue. Chrysler coupe, found at Michigan and Illinois streets. K E Jarman. 703 West Twelfth street. Whippet coach, found at 400 West Fifteenth street. Shooting Suspect Held James Reynolds. 933 Hadley street, was held lor investigation today by police in connection with the shooting of Bud Toliver, 20, Negr< 636 Locke street, last night.
PARKED CAR THIEVES STILL ACTIVE HERE Arrests Fail to Discourage Depredations. Several recent arrests have failed to halt the epidemic of parked car thefts, police reports today indicated. Merchandise valued at several hundred dollars was stolen from the car of J. E. Robertson. 926 North Beville avenue, while he attended a sales meeting at the HamiltonHarris Company warehouse last night. Theft of clothing valued at SIOO from the car of Roy Owsler, 33, of 544 South West street, parked at Capitol avenue and Court street, was reported. T. A. Susen, Wilmette, 111., reported clothing and other articles valued at S3OO were taken from his car yesterday while it was parked in front of the statehouse. Glass in the car was broken. Lester Christian, 2102 Barth avenue, reported articles worth $7.50 taken from his car while it was parked at 1105 Center street. DRY LAW REPEAL IS NO EXCUSE: FINED $1 Intoxication Defendant Pleads “Wet Country" But Loses. Repeal of the prohibition law did not give Earl (Sully) Sutherland, 24 North Illinois street, the right to get drunk whenever he pleased, Sutherland learned in municipal court today. Arraigned before Judge Dewey Myers on an intoxication charge, Sutherland admitted he had been sentenced on the same charge about a year ago. “But, judge,” he explained, “since that time this is supposed to be a wet country, and I had a right to get drunk.” “I’m very sorry,” said Judge Myers, “but I think you are misinformed. One dollar and costs. Next case.” REFORMATORY THEFT CASE TRIAL DEFERRED Robert Davy to Appear Nov. 29 in Municipal Court. Trial of Robert Davy, 557 West Morris street, charged with receiving stolen property in connection with disappearance of goods worth $5,000 from the Indiana state reformatory, today’ was continued until Nov. 29 by r Municipal Judge Dewey Myers. Davy is held on an affidavit signed by J. R. McCormick, state police officer. The postponement was granted by an agreement between the state and defense attorneys. Two reformatory guards have been dismissed as result of disclosure of the thefts. MR. PHILLIPS POURED: BEER. NOT TEA: HELD Mrs. Duncan Objects With a Plate to the Head; Arrested. Price Phillips. 38. of 507 Birch avenue, was under arrest today as result of a little argument. Police, who were called to the address by Mrs. Etta Duncan. 44, same address, were told by Mrs. Duncan the argument started when she remonstrated with Phillips for pouring beer over the kitchen floor. She said he grabbed her dress and tore away part of it. Then, she said, she broke a dinner plate on his head, cutting a • one-inch gash on his forehead. Both were held on assault and battery charges. Phillips was treated at city hospital. RANDALL EXHIBITION AT HERRON INSTITUTE Hoosier Artist Presents Fourth Display of Local Season. The Paul Randall Memorial exhibition will be on view at the John Herron Art institute until Nov. 20. This is the fourth exhibition in a series of one-man displays held in the art institute this season. Mr. Randall, a Hoosier, studied at the John Herron Art school here, constantly experimenting with various mediums. His work has been exhibited often in local and state exhibitions at the Hoosier Salon in Chicago and in the east. CORRECTS HOTEL NAME Robbery Victim Says He Did Not Meet Couple at the Harrison. Martin Harem. Dayton, 0., who Thursday reported to police he was robbed of jewelry worth $445 and $5.15 cash by a man and woman who visited his room and placed dope in beer, today asked The Times to correct the statement that he met the couple in the lobby of the Harrison hotel, where he is staying. He said he met them in the , lobby of another downtown hotel and then went to his room in the Harrison. Rites Set for Crash Victim By Times Special FORTVILLE, Ntov. 18.—Funeral services for Richard Mayne, 21, formerly of Fortville, who was killed ; when his car crashed into a train ;at Peoria 111., will be held here Sunday.
EX-WIFE, 11, RETURNS TO STUDIES
'
An ex-wife at 11, that’s Dorothy Holsel whom you see back at her first grade studies in Oklahoma City after a judge annulled her marriage to T. J. Holsel, her 67-year-old husband. Probation officers said Dorothy’s father ‘traded” her for Holsel's daughter of 15.
Tonight’s Radio Tour NETWORK OFFERINGS
SATURDAY p. m. : t - ju—Duchin’s orchestra (CBS) WABC. Garrigan's orchestra iNBC( WJZ. 4:3o—Three Scamps iNBCi WEAF. Jack Armstrong (CBS) WABC. Neil Sisters (NBCi WJZ. 4:4s—Songs (NBC) WEAF. Spanish Serenade (CBS) WABC. s:oo—Preview from London. "Mr. Whittington" (CBSi WABC. Orchestra Mechanique (NBC) WJZ. Cugat's orchestra (NBCi WEAF. s:ls—Mildred Bailey (CBSi WABC. s:3o—Eddie Dooley, football reporter /(CBS) WABC. Mary Small. Soloist (NBC) WJZ. Jack Armstrong (CBSi WBBM. Spitainy's orchestra iNBC) WEAF. s:4s—Capt. A1 Williams (NBC) WJZ. "Grandmother’s Trunk.” narrative I NBC ( WEAF. Tito Guizar. tenor (CBS) WABC. 6:oo—Fred'k Wm. Wile (CBSi WABC. John Herrick, baritone iNBCi WJZ. Half Hour for Men (NBCi WEAF. 6:ls—Denny's orchestra; Jeannie Lang (CBSi WABC Three Musketeers (NBC) WJZ. 6:3o—Jane Froman, Charies Carliie & Berren’s orchestra iCBSi WABC. Circus Days (NBC) WEAF. Famous Radio Pioneers iNBC) V.’JZ. 645—Jock & Loretta Clemens (NBC) WEAF. O'Leary’s Irish Minstrels (NBC) WJZ. 7:oo—Waldorf orchestra (NBC) WJZ. Elmer Everett Yess (CBS) WABC. Weature (NBCi WEAF. 7:ls—Piano Team (CBS) WABC. 7:3o—Antobals Cubans (NBCi WEAF. Under the Bridges of Paris (NBC) WJZ. B:oo—Elder Michaux and Congregation (CBS) WABC. Jack Pearl and Goodman's orchestra (NBCi WEAF. Jamboree (NBC) WJZ. 8:30 —Reisman's orchestra and Yacht Club Boys'(NßC) WEAF. Edward d’Anna concert band (CBS) WABC. 9:oo—Rolfe Saturday Night Dancing Party (NBCi WEAF. Bvrd Expedition broadcast (CBS* WABC. Chicago Symphony orchestra (NBC) WJZ. 9:3o—Georgie Jessel (CBS) WABC. Cuckoos i NSC) WJZ. 10:00—One man’s Family iNBC) WEAF. Isham Jones orchestra (CBS) WABC. Barn dance (NBC) WJZ. 10:15—News (CBS) WABC. 10:30—Glen Gray’s orchestra (CBS) WABC. Hollywood on the Air (NBCi WEAF. 11:00—Rapp's orchestra (CBS) WABC. . Child's orchestra (NBC) WJZ. Carefree Carnival (NBC) WEAF. 11:30—Scotti’s orchestra iNBC) WJZ. Ted Fiorito’s orchestra (CBS) WABC. WFBM (1230) Indianapolis (Indianapolis Power and Light Company) SATURDAY P. M. 5:30 —Marimba band. s:4s—Pirate Crew. 6:oo—Waikathon. 6:ls—Civic Speaker. 6:2o—Eohemians. 6:4s—Clyde Lucas orchestra (CBS). 7:oo—Elmer Everett Yess (CBS). 7:ls—Fray and Braggiottl (CBS). 7:3o—George Jessel (CBS). 8:00 —Elder Michaux and Congregation i CBS). B:3o—Ramblers. 9:oo—Byrd Antarctic expedition (CBS). 9:3o—Waikathon. 9:4s—lsham Jones' orchestra (CBS). 10:00 —Honolulu Serenaders. 10:15—Columbia Artists (CBS). 10:30—Casa Loma orchestra (CBSi. 11:00—Atop the Indiana Roof. 11:30—Ted Fiorito orchestra (CBS). 12 mid.—Waikathon news. A. M. 12:05—Tallv-ho orchestra. 12:30—Sign off. SUNDAY A. M. B:oo—Junior bugle (CBS). 9:oo—Jake's entertainers. 9:3o—Christian Men Builedrs. 10:30 —Silent to noon. 12:00—Did You Know? P. M. 12:15—Waikathon. 1:30—Hollywood show (CBS). 2:00— Philharmonic-Symphony concert (CBS). ' 4:oo—Wheeler Mission program, 4:3o—Bakers iCBS). s:oo—Sogns Mv Mother Taught Me (CBS) s:3o—Second Presbyterian church. 6:oo—Waikathon. 6:ls—Jordan Conservatory program. 6:3o—Coffee Cabaret. 6:4s—Rin-Tin-Tln (CBS'. 7:00 —Evening In Paris (CBS). 7:4s—Songsmiths. B:oo—Seven-Star revue (CBS). 9:00 Piano Twins. 9:15 —Roscoe Ates. 9:3o—Message from Governor McNutt. 9:4s—Waikathon. 10:00 —Guv Lombardo and Royal Canadians i CBS), 10 30—Joe Haymes orchestra (CBS). 11:00—Atop the Indiana roof. 11:30—Tally-ho orchestra. 12:00—Waikathon news. A M. 12:05—Sign off. WKBF (1400) Indianapolis (Indianapolis Broadcasting, Inc?) SATURDAY P M. 4:3o—News flashes. 4:45—T0 be announced. 5:00—To be announced. s:4s—Little Orphan Annie (WJZ). 6:oo—Piano melodies. 6:15—T0 be announced 6:3o—Circus Days (WEAF). 6:4s—Gypsy carnival tWEAF). I:oo—Hoosier Shindig. 10:30—To be announced. 11:00—Carefree Carnival (WEAF'. 12:00—Hooisier Shindig. A. M. 2:oo—Sign off. SUNDAY AM. B:oo—Children's hour (WJZ). 9:oo—The Radio Pulpit ,WEAF). 9:30—101 Men's Bible class. 16:00—Watchtower program. 10:15—Sane Health Train. 10:30—Crystal melodies. ll:30-rRadio City concert (WJZ).
3% Paid on Savings Security Trust Cos. 11l North P?;nnsylv*nl* Street
THE INDIANAPOLIS TIMES
P.M. 12:30 —American melodies. l:oo~Starost sisters. I:3o—Antobal’s Cubans (WJZ). 2:oo—Wayne King's orchestra (WEAF). 2:3o—Jari Garber's orchestra (WJZ). 3:oo—True Railroad stories (WJZ). 3:ls—Cadle Tabernacle. 4:ls—Nazarene quartet. 4:3o—Grand Hotel (WJZ). s:oo—Catholic hour (WEAF). s:3o—Negro melody .hour. s:4s—Moods of the Moment. 6:oo—Marshall Players. 6:ls—Organ symphonettes (WEAF). 6:3o—Lucille Manners (WEAF). 6:4s—Wendell Hall (WEAF). 7:oo—Symphony and piano concert (WJZ) B:oo—Cadle Tabernacle. 9:oo—Jack Benny (WEAF). 9:3o—Fireside memories iWJZ). 9:4s—Seth Parker (WEAFi. J? 22 —° rc li e stral gems (WEAF). 11:00—Dance Nocturne (WJZ). ii :3 .VL c ? f , e Lo.vale orchestra (WEAF). 12 Midnight— Sign off. WLW (700) Cincinnati _ „ SATURDAY P. M. 4:oo—Paul Ash and his Casino Club orchestra (NBC). 4:3o—Parent-Teacher forum. 4:4s—Little Orphan Annie (NBC). s:oo—Jack Armstrong. 5• 15 —Emerson and orchestra. 5:30—80b Newhall. 5:45—R. F. D. hour. 6:15—T0 be announced. 6:3o—Circus days. 6:4s—Charlie Davis. 7:oo—The Big Show. 7:3o—Crosley follies. B:oo—Jack Pearl and Al Goodman orchestra (NBC). B ; 3o—Over the Rhine, German band. ? Greystone ballroom dance orchestra. 9.oo—Saturday Night Dancing Party 10:00—WLS barn dance. 11:00—Carefree Carnival (NBC). 11:00—Carefree Carnival (NBCi. . PI I** 1 **-—Snyder dance orchestra. A. M. A. M. Davis’ dance orchestra. 1:00—Club Crosley. 2:oo—Sign off. SUNDAY A. M. 7:oo—Melody hour—guest soloist’ Grande _ ’trio (NBC). 7:3o—Church Forum. B:oo—Children’s hour. 9:oC—Southerland sketches fNBC). 980—Mexican Marimba Typica orchestra iNBC). 10:00—Morning musicale. string quartet; guest artist (NBC). ’ f2 : ?9 —gondoliers, male quartet (NBC). 10:45—Donhall trio (NBC). JJ : 15—Helen Yanke and John Barker. 11:30 —Radio City concert (NBC). P. M. 12:30—Mariemont choir. 12:45—Conservatory of Music recital. Loo—Gene_ Arnold and the Commodores I:3o—Yeast Foamers. „ •J an , Garber's orchestra (NBC). 2.oo—Lady Esther; Wayne King orchestra (NBC). 2:3o—Doctor Jacob Tarshish. B:oo—Crosley Theater of the Air. J.3o—The Hoover Sentinenls—Edward Davies, baritone; chorus; Josef Koestner's orchestra. 4:oo—Simliin’ Ed McConnell. 4:3o—Consuello Valdes and orchestra. s:oo—Shultman String quartet (NBC). s:3o—Charlie Davis dance orchestra. 6:oo—Vincent Lopez orchestra. Alice Joy. contralto. 6:3o—Joe Penner, Harriet Hilliard and Ozzie Nelson’s orchestra. 7:oo—Eddie Cantor and Rubinoff’s orchestra I NBC). 8:00—Will Rogers. Revellers quartet and Al! Goodman’s orchestra (NBC). B:3o—Walter Winchell. news (NBC). B:4s—South wind, Charioteers and orchestra. 9:oo—Jack Benny (NBC'. 9:30 —Cowards Never Started. 10:0O--Charlie Davis dance orchestra. 10:30—Seth Parker (NBC). 11:00—Dance orchestra (NBC). 11:3i*—Village Barn orchestra (NBC). A. M. 12:00—Charlie Davis dance orchestra. 12:30—Sign off. Jeannie Lang sings of “Sittin’ on a Backyard Fence" with Jack Denny's orchestra over a WABC-Columbia network Saturday from 6:15 to 6:30 p. m. A gala Gypsy Carnival, presenting an orchestra directed by Alexander Kiriiloff, soloists and chorus, will be heard over W.TAM and an NBC network Saturday at 6:45 p. m. _At the personal request of George Gershwin, who composed the number. Messieurs Fray and Braggiotti will present their own two-piano arrangement of "An American in Paris" over WFBM and the Columbia network Saturday from 7:15 to 7:30 p. m.
Fletcher Ave. Savings & Loan Assn. Mall Accounts f A |? Ol Has Paid Dividends Safely Handled IU Cl maillCl Oil *' iJS,'"
SAVE OMETHING YSTEMATICALLY This Strong Trust Company—the Oldest in Indiana —recommends systematic saving as a sure way to succeed. We pay interest on savings. THE INDIANA TRUST $2,000,000.00 GROUND FLOOR SAFE DEPOSIT VAULT
—Dietz on Science—
BACILLI SOURCE IN TOOTH DECAY PROVESELUSIVE Experimenters Encounter Blank Wall Despite Extensive Work. BY DAVID DIETZ Scripps-Howard Science Editor Why do some people's teeth decay more than others? That is the question which the children’s fund of Michigan is trying to find out by means of an elaborate study under the direction of Dr. Russell W. Bunting, professor of oral pathology at the University of Michigan dental school. Professor Bunting points out that it is now well established that tooth decay, or dental caries as it is called technically, is the result of the pres'Shce of certain bacteria, the socalled B, acidophilus, in the mouth. This hacillus, by its action upon residual carbohydrate foods in the mouth, produces acids which attack the enamel of the teeth. Studies have revealed that the bacillus is present in large amounts in certain people’s mouths, present only occasionally in others, and never present at all in still others. The question of why some people’s teeth decay resolves itself, then, into the question of why does bacillus acidophilus thrive in some people’s mouths? The answer is not yet complete, although a beginning is being made to the solution of the problem. General Points Cited Three general considerations appear to be related to the problem, Dr. Bunting says. They are: First, the chemical constituents of the salivary and oral secretions; second, the possible immunologic principles of the saliva, and third, the character of the retained food debris remaining about the teeth. The opinion frequently has been expressed that the pnosphorus content, the calcium content, or the acidity of the saliva might be a controlling factor in the prevention of dental caries. Dr. Bunting reports that during the last two years the University of Michigan investigators have had under observation two groups of children, one of which w r as extremely susceptible to dental caries, the other of which was extremely immune. No constant differences in the phosphorus, content, calcium content or acidity of either the saliva or the blood stream could be found between the two groups. Asa result. Dr. Bunting concludes that low phosphorus, low calcium, or a condition of acidosis, are not the cause of tooth decay. Seek Immunity Method Experiments also have been tried by the University of Michigan experimenters to see if immunity can be developed against the bacilllus acidophilus. Some experiments were tried with a polyvalent vaccine made of 40 strains of B acidophilus, but the results are not yet conclusive. “These studies are only in their infancy,” Dr. Bunting says, “but the findings thus far obtained strongly indicate the existence of some form of general immunologic principle which controls the growth and activity of B acidophilus in the mouth and the intestinal tract.” The character of the food debris remaining in the mouth is important, Dr. Bunting thinks. Since the production of acids by B acidophilus depends upon the fermentation of carbohyrate materials, the amount and character of carbohydrate food debris in the mouth and about the teeth constitutes an important factor in dental caries. Other factors which Dr. Bunting and his associates have been giving attention to include those of hereditity, age, bodily health, diet and nutrition, and racial conditions. SUMNER HONORED AT MEETING OF SHERIFFS City Man Named Vice-President of State Association. By Times Special NEW ALBANY, Nov. 18.—Walter I- Fegan, South Bend, was re-elected president of the Indiana Sheriffs Association here yesterday at the third annual convention. It was voted to meet next year in Indianapolis. Other officers named were Edward H. Meyer, New Albany, first vice-president; C. L. (Buck) Sumner, second vice-president; Bernard Bradley, Anderson, treasurer, and Clifton L. Small, Kokomo, secretary.
The Strong Old Bank of Indiana The Indiana National Bank of Indianapolis
Fidelity Trust Cos. General Banking; Licensed in Class A Fire Insurance And All Other Lines Except Life 148 East Market Street
Indiana in Brief Lively Spots in the State’s Happenings Put Together ‘Short and Sweet.’ By Times Special RUSHVILLE, Nov. 18—Seventy-six men have been given employment and twenty teams and four trucks are being used here in a municipal “made work” project changing the channel of the Flat Rock river. The work, which will cost an estimated $20,000, is being wholly financed by surplus ‘in funds of the city-owned water and electric plants. The .project serves the double purpose of providing jobs and flood prevention. In addition to the new channel, which has a distance of 2.875 feet, a levee varying in height from ten to twelve feet will be built. City officials responsible for initiating the project are Mayor J. Kennard Allen, and members of the council, Mark Purcell. M. M. Winship. Dr. H. V. McCulley, Earl Heath and Halbert Brown. All thorough converts to municipal ownership of utilities, the officials point out that in addition to paying for the project, funds of the two plants will be used to make repairs costing $30,000 and SIB,OOO will be transferred to the city general fund.
ass a Claims Estate Share By Times Special GREENFIELD, Nov. 18.—Mrs. Nellie Grist of this city is claimant to a share of the estate of Miss Jane Surget Merrill, Natchez, Miss., whose death led to arrest of three persons as murder suspects. Mrs. Grist asserts she is the offspring of a romance in which her father, the late John M. Hall, and Miss Merrill were principals. Following arrest of George Pearls, a Negro, authorities expressed a belief the death was cleared, but later took into custody Richard H. C. Adams, descendant of an old family, and his housekeeper. Miss Octavia Dockery. . He and the domestic occupy an old house known as Coatcastle, situated near the Merrill home. Miss Merrill was a daughter of a former American minister to Belgium. 8 8 8 Teachers Lose Contracts By Times Special SHELBY VILLE, Nov. 18.—Nine teachers, comprising the entire staff of Hendricks township, were to surrender their two-year contracts today to Trustee John W. Scott. He assumed the office recently, after his predecessor, Homer Compton, entered the state prison to serve a term for embezzling township funds. Mr. Scott is acting on advice of his attorney that the contracts are illegal. The trustee of all the teachers will serve until the end of the term. The attorney held the contracts illegal on the claim that despite a duly date, they were not signed until October. The new trustee is a Democrat; his successor was a Republican. Republican teachers are said to fear that cancellation of the contracts means they will have no chance of being employed for the next school year. u u a ‘Debunks’ at De Pauw By United Press GREENCASTLE, Nov. 18.—Addressing freshmen on “Mental Hygiene,” Professor P. G. Fay, an assistant in the De Pauw university psychology department, declared many favorite beliefs concerning the human mind are erroneous. “The belief that eight hours of sleep are necessary is not true,” Professor Fay asserted. “Fatigue may be overcome by rest as well as sleep. Overwork does not lead to a nervous breakdown. Planned diets are not essential to good health. Brain work is not fatiguing. The bad effects from continued work come from lack of exercise.” 8 8 8 Degree to Be Given By Times Special BLOOMINGTON, Nov. 18.—Honorary degree of doctor of laws will be conferred by Indiana university upon Dr. Ernest O. Holland, president of the State college of Washington, at a special convocation at 4 Monday afternoon in the alumni hall of the Union building. Dr. Hall received his A. B. degree from Indiana university in 1895. 8 8 8 ‘Lifer’ Asks Clemency By Times Special TIPTON, Nov- 18.—Stanley Canfield, serving ■ a life term in the Indiana state prison for the robbery of the Banlfcof Hobbs in April,
When You Lose Your Dog V Because practically every one knows of the I strong attachment existing between a dog and its owner, considerable effort is made to return them when they are found. There is one sure place that the finder of a pet will turn to when searching for its owmer . . . the Lost and Found Column in The Times. If your dog should decide to take a walk without you and then fail to find his way back ... act quickly . . . phone a lost ad * to The Times. RI-5551 *
1929, has written to several Tipton residents seeking aid in having hts sentence commuted. He asserts he is a model prisoner. Canfield’s accomplice. Everett Walker, also serving a life term, died recently from effects of drinking w’ood alcohol which he obtained in the prison paint shop. Both men w’ere convicted in Tipton circuit court. an tt Heifer Aids Auto Sale By Times Special SOUTH BEND. Nov. 18.—A heifer, ten geese, corn and potatoes have been accepted by Percy Elves, South Bend dealer, as part of the down payment on anew automobile. USED CAR CODE TO BE STARTED DEC. 1 Trade-in Allowances Set Will Be Official. By Times Special ST. LOUIS. Mo., Nov. 18.—Used car section of the motor vehicle retailing code will become effective at midnight Nov. 30, according to announcement by F. W. A. Vesper, chairman of the national control committee for the motor vehicle retailing trade. “The official used car guide is based on approximately 300,000 individual used car sal<?s since Sept. 1. Vesper said. “After Nov. 30, the official guide will be the only recognized manual for determining trade-in allowances on used cars.” RADIO SERVICE MEN HEAR ENGINEER TALK Company Expert Addresses Club at Spink-Arms. More than 150 members of the Indianapolis chapter of the Institute of Radio Service Men attended a special meeting sponsored by the RCA Radiotrop and Cunningham Tube Company Thursday night at the Spink-Arms hotel. L. C. Hollands, special engineer for the company, talked on the technique and construction of radio tubes as employed in the radio of today. He also explained that the experimental laboratories of the RCA company are recognized as among the most advanced in the nation. Richard A. Graver, district manager for RCA, presided. J. A. Milling, local representative, introduced the speaker. Prizes were awarded by the RCA company.
M’KEEN IS SPEAKER Civic Theatre Director to Address Education Association. Hale McKeen, director of the Civic theater, will speak on "The Theater as a Teacher” at a meeting of the Childhood Education Association in Cropsey hall of the public library at 4 Monday. Pastor Goes to Logansport By Times Special FT. WAYNE, Nov. 18—Call to the Wheatland Avenue M. E. church at Logansport has been accepted by the Rev. Harley A; Davis, pastor of St. Paul M. E. church here.
NOV. 18,1933
NORRIS SPEECH ‘KEYNOTE’ FOR PROGRESSIVES Address at Champaign Seen as Opening Wedge of New Drive. By Bcripps-flntcard Xrtcspaper Alliance WASHINGTON, Nov. 18—The speech of Senator George Norris <Rep., Neb.', accepting the Cardinal Newman award for statesmanship, was regarded here today as the keynote of the progressives’ campaign in the next congress for a more even distribution of wealth. The senator advocated a stiff inheritance tax as the means for regulating great fortunes, and he urged that even a shorter work week be institutted by law. His program, however, may be widened considerably in scope because of the country's experience with NRA during the last few months and also because of the Wall Street investigations. The current administration swing to the left is likely to make senate progressives an important group next session, although they will be surrounded by a Democratic congress. With Senator Norris as the leader, this group includes such men as Senators La Follette (Rep., Wis.), Bone (Dem., Wash.) and Nve (Rep’ N. D.). It is expected to advocate not only tax reform, but stricter regulation of banks and securities exchanges; and some legislation curbing the socalled free use of money is being discussed. . Want Tax Revision Several of these men want the excess profits tax returned to the law’, with higher rates: another group wants the income tax system revised. This latter project is already being carried out by a house ways and means sub-committee that is endeavoring to chink-up holes revealed by the testimony of bankers before the senate banking and currency committee. However, at this time, the subcommittee’s task to straighten out the liquor taxation problem. The administration itself is working on plans further to regulate securities exchanges, and some members of the brain trust are considering means of curbing the use of money to build unnecessary additions to industry. A step in this direction already has been taken by NRa in the textile code, making installation of new machinery in certain branches dependent upon approval by the industry’s selfgoverning board as well as the government. Talks at Champaign Progressives also may ask that President Roosevelt use the powers granted him by the last congress to publish income taxes, as a means of curbing income tax evasion. This power was written into the law after disclosure that J. p. Morgan paid no income taxes for several years. Senator Norris made his speech yesterday at Champaign 111. After saying that all the. governmental efforts during recent months have been aimed at meeting the emergency, he declared that a permanent remedy must be started at once.
Family Washing Delivered Damp—Ready to Iron "'sc Ib..r:s4i/ 2 c lb. PROGRESS LAUNDRY
S'i outlet! SHOE STORE? PES AT tOWEST PRtdl NOW 259 E. Washington Rt. g 203 W. Washington St. STOKES 109-111 S. Illinois St.
