Indianapolis Times, Volume 45, Number 181, Indianapolis, Marion County, 8 December 1933 — Page 32

PAGE 32

1926 ‘PARADISE' SHATTERED BY HEADLINE POLL ‘Model’ Year in Recovery Drive Just Like Others, Survey Shows. BY FREDERICK f. OTHMAN I'nilMl Prrt. Staff Correponitnt WASHINGTON, Dec. B.—Administration efforts to restore average prices to levels of 1926 have made that year seem like a golden paradise to which Americans hope to return under the recovery program. But a check-up of newspaper files reveals that even in that year, Americans worried about many things. Farm relief, taxes, liquor. Communism, scandals, lynchings, high prices—troubled by these and many other things, Americans groused their way through what is now coming to be regarded as the perfect years. News headlines of December, 1926, revealed: Farmers Denounce Coolidge Agriculture Program... Mae West Appears in ‘ Sex” at Daly s Sixty-third Street Theater... Lynch Negro at Aiken, S. C... Coolidge Ponders Tax Bill.. .Philadelphia Sesquicentenniai Exposition Loses $20,000.000... Farm Relief Requested Cotton Growers Demand Equality. .. $45 Overcoats Reduced to $29.50. .. Destroyers Ordered to Hankow... Wayne B. Wheeler Says, "The People Are Behind the Eighteenth Amendment”.. .The Farm Bureau Federation Demands Adoption of the McNary-Haugen 8i11... Alleged Communists Riot...Babv| Starves to Death... Salt Lake City! Locksmith Tries Vainly to Unlock 1 His Front Door.. .Senatorial Com-• mittee Considers the Teapot Dome Scandals.. .Hall-Mills Trial Proceeds with New Sensations... Aggressive Buying Steadies Stocks... United States Steel 147*4... Pound Sterling $4.84%.. .U. S. Treasury 4'is slo9.27...Middlewest Utilities flnsull) 105*2...C0tt0n 13 Cents Per Pound... Want Ad Sections Skimpy... | Wanted: Restaurant Cashier, Lady, I sloand Two Meals... Wanted: Plas- i terer, sl4 a Day... Enter Theodore Dreiser Labor Troubles in East... Theodore Dreiser Writes ‘‘An American Tragedy”...Brewery Enters Cheese Business... Collect Charity Funds for Near East Relief... Shoes $lO a Pair... Silk Hats slß.' ...Suits, Special Sale. $45... Coffee j

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DOCTOR TO TALK

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Dr. John G. Benson (above!, superintendent of the Methodist hospital and executive secretary of the Methodist hospitals of Indiana, will address the Christmas dinner meeting of the brotherhood of the First Baptist church, Monday night. His subject will be “The Man Power of the Church.” The Earl Howe Jones trio will play at the meeting and vocal selections will be sung by J. J. Albion and George Kadel. Community singing will be directed by Dr. Robert White Blake.

PARTY FOR CHILDREN Castleton P.-T. Association Will Give Christmas Fete. The Castleton Parent-Teacher Association will give a Christmas party for the children Friday night. Members of the committee in charge are Mrs. Margaret Alyea, Mrs. Hermie Whitesell, Mrs. Mabel Smith, Mrs. Dora Messersmith and Mrs. Edna Roberts. 49 Cents a Pound... Sacon, 54 Cents.. .Prunes. 10 Cents... Super-Super-Extra-Special Radio, Six Control Dials, $89.50.. .Five Rooms and Bath in Flatbush, $6,250. ... Six-Cylinder Sedan, Balloon Tires Extra, $1,185... Agriculture Petitions Congress... International Harvester Common Reaches New High at 149 7 ... May $1.41% per Bushel... May Corn 83% Cents.. .Women Will Never Return to Long Skirts... Coolidge Reduces Public Debt...ss Cover Charge at Le Perroquet De Paris Night Club...Al Smith Denounces Republicans... Congressional Drys Wrest $11,990,965 From Wets for Prohibition Enforcement. (Copyrighted. 1933. by United Press.)

SENATE STOCK MARKET PROBE MAY CONTINUE Plans to End Investigation Expected to Stir Congress Fight. By United Pert* WASHINGTON, Dec. B.—Plans to wind up the Senate stock market investigation early next month appeared today to be heading toward a fight on the floor of the Senate to force the to continue. Investigators said “literally thousands” of requests had been received for inquiry into local banking and securities situations. Organizations or individuals in Toledo, 0., San Francisco and other cities have made such requests as a result of the committee's decision | to investigate closed banks in Detroit and Cleveland. Senator Henry Shipstead (Farm- | er-Labor, Minn.) appealed to Chairman Duncan Fletcher to investigate the Northwest Bank Corporation and the First Bank Corporation of Minneapolis, holding companies operating groups or chains of banks in Minnesota and adjoining states. Former Case Recalled “The state has no supervision over these holding companies,” Senator Shipstead said. “They are incorporated in Delaware. I want an investigation to determine whether legislation is needed to meet a situation under which holding companies may operate banks and sell their own stock beyond the control of state law.” Fletcher said the matter would be referred to the committee. Senator Shipstead’s reference to Delaware incorporation recalled that Harvey C. Couch, now an RFC director, and others have been shown to have gone to Delaware when they wanted to extend powers of a railroad company with headquarters in Arkansas. It was said the Delaware charter granted to Mr. Couch’s railroad authority to perform desired functions in Arkansas or any other state in the Union except Delaware itself. Detroit Probe Dec. 18 Senator Shipstead intimated a committee refusal to investigate the northwest banking situation would prompt a senate resolution | next month directing that the inquiry be made. Investigation of the Associated Gas and Electric Company has been scheduled but senators said it would

THE INDIANAPOLIS TIMES

be cut short unless the evidence developed securities of corporate practices not revealed in previous inquiries. The Detroit bank investigation will begin Dec. 18. The committee hopes to conclude early in January with examination of Richard C. Whitney and other officers of the New York Stock Exchange. Senator Philip L. Goldsborough (Rep., Md.) said the committee should proceed immediately with the preparation of corrective legislation for submission to congress.

ENGRAVER SPEAKS AT A0 CLUB'S MEETING Photography Is Stressed by Patterson in Address. Importance of photography during the research period in the development of a product for use in an advertising campaign was stressed by Carl D. Patterson of the Indianapolis Engraving Company in an address yesterday before the Advertising Club in the Columbia Club. Mr. Patterson, who spoke on “Photography in Advertising,” told of results obtained by local concerns of various forms of commercial photography recently developed from miniatures to gigantic photomurals.

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TRAYLOR HEADS I HIGHWAY MEN Evansville Man Elected President of State Constructors. Edgar Traylor, Evansville, was elected president of the Indiana Highway Constructors at the clos- j ing session of the group’s annual j convention yesterday. Other officers named were John J. Quinn. Bedford, vice-president; Fred Cunningnam. Indianapolis, secretary, and W. M. Holland, Indianapolis, executive secretary. About 250 contractors attended the convention. Speakers included James D. Adams, state highway | commission chairman, who pledged that the contract method of road work will be resumed as soon as the ] present unemployment emergency is ended, and Virgil M. Simmons, state conservation director. The number of seeds produced in a year by the average radish is about 10.000.

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DEC. 8, 1933