Indianapolis Times, Volume 45, Number 175, Indianapolis, Marion County, 1 December 1933 — Page 16

PAGE 16

SALES PRICE FIXING BANNED IN NRA CODES Provisions Forbiddinj Cuts by Distributors Will Be Refused. (Copyright. 1933 by United Press) j WASHINGTON, Dec. I—The national recovery administration, it was learned today, has decided not to permit price fixing of actual sales prices in NRA codes. Also, it has been decided to accept no code provisions which forbid the reduction by distributors of the prducers’ stated retail price. j The decision not to permit fixing' of sales prices does not pertain to j the listing of minimum prices such as was done, most recently, in the cleaning and dyeing industry’s code. Fixing of minimum prices imposes a barter to chaotic price cutting and its attendant evils of destructive competition. Fixing of actual retail sales prices would be a tendency, according to NRA economists, toward state socialism or rigid governmental control of business. In code price provisions based on cost the NRA policy board has ruled that cost should be defined to the extent of indicating generally its principal elements. Cost of production would be permitted to include a reasonable allowance for depreciation, but not a return on capital. A limitation of price based on a seller’s cost should be subject, the board holds, to the exception that! the seller shall be permitted to meet the price of a competitor whose J price does not violate the code in I question. The lx>ard feels that open price systems should be encouraged. They attach the conditions that prices under these systems: Shall be effective within not more than ten days in complex industries ■ or five days in simple industries, j Shall be capable of withdrawal at the pleasure of the seller. Are not subject to veto or modification by any agency. Are to be generally published for the benefit of buyers as well as sellers. Card Party Postponed Card party sponsored by the George H. Chapman drill team, scheduled for Wednesday at the home of Mrs. F. E. Tonis, has been j postponed indefinitely. Mrs. Tonisi has been called out of town to at-1 tend the funeral of her mother. 1

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MRS. COOLIDGE BUYS CHRISTMAS SEALS

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A colorful ceremony opening the public sale of Christmas Seals for the National Tuberculosis Association is pictured here as three troubadours present the first package of 1933 seals to Mrs. Grace Goodhue Coolidge, widow of the former President, at her home, the Beeches, in Northampton, Mass. The troubadours, dressed in red, blue and green costumes, hauled the Yule log to the Coolidge home for presentation ceremonies.

Funeral Arranged for Apartment Fire Victim

Miss Kathleen Ross Dies in Flames Started by Cigaret Lighter. Last rites for Miss Kathleen Ross, 22, of 520 North Meridian street, Apt. 17, who was burned fatally yesterday in her apartment, will be held at 2:30 Sunday afternoon at Shirley Brothers’ chapel, 946 North Illinois street. The body wall be cremated. Miss Ross suffered fatal burns when a leaky cirgaret lighter fired her clothing and bed linen. With a broken leg Incased in a plaster cast. Miss Ross was unable to escape from the apartment. She called the fire department over a telephone near the bed. Firemen gave her first aid and took her to

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the Methodist hospital where she died. Miss Ross suffered Broken hips one year ago in a car accident. She fell recently while visiting relatives in Frankfort and suffered another broken leg. Born June 25. 1911, in Attica and reared in Indianapolis, Miss Ross was graduated from the Shortridge high school in 1929. Her father, Harry Ross, who was known as the youngest newspaper editor in Indiana, died two years ago. Survivors of Miss Ross are, a sister, Miss Dorothea Ross, of the North Meridian street address, and a brother, James R. Ross, Noblesville.

The City in Brief

TOMORROW’S EVENTS Alliance Francaise, luncheon, Washington. Sigma Alpha Epsilon, luncheon. Columbia Club. Gideons, 8 p. m., Washington.

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THE INDIANAPOLIS TIMES

HOLD ALLEGED DOND ’FENCE’ Custody of Wisconsin Man Sought by State in ‘Terror Mob’ Case. State police today were seeking to bring back Otto Klingbell, tavern keeper, who was arrested in Burlington, Wis., for possession of $2,000 Liberty bonds stolen from the Citi-

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I sens’ National bank of Greencastle, j Ind. Captain Matt Leach, of state police, was in touch with Wisconsin authorities in an effort to induce Klingbell to waive extradition. The tavern keeper will be brought to Greencastle for trial. Captain Leach said. Investigators traced the stolen bonds to Klingbell's tavern. The bonds were given in exchange for a motor car. it was said. Harry Copeland, alleged getaway driver for the Dillinger gang, drove the car away, it is charged. Klingbell is said to have asserted j he obtained the bonds from a Chicagoan from whom he purchased beer.

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DEC. 1, 1933