Indianapolis Times, Volume 45, Number 200, Indianapolis, Marion County, 30 December 1933 — Page 20
PAGE 20
LEGISLATION ON SILVER ISSUE IS TO BE BLOCKED Congress Leaders Ordered to Wait Outcome of London Pact. BY LYLE C. WILSON ITnlted Pri Staff CorrMpondMit (Copyright, 1933. bv United Pre**( WASHINGTON, I>c. 30. Administration concessional leaders ■here, said on good authority today to he under orders to block all silver legislation this v.inter pending outcome of the London agreement effort to increase the price of that metal. Informed exposition of administration policy shows that President Roosevelt is determined to deal with silver within the scope of international agreement. He eventually may go beyond the London agreement itself. But. if so. the next move likewise would be the outcome of international discussion. On that issue the President will meet and fight the congressional remonetization group this winter. The effort to deal with silver by international action is the reverse of Mr. Roosevelt's gold policy. On gold the United States just now is going it alone. Free Coinage Bloc Organized Organization of a free silver coinage bloc of twenty-six senators yesterday, under auspices of Senator Burton K. Wheeler 'Dem., Mont ), has not moved the administration from its international program. The first move last w'ek was an order for coinage of a minimum of 24,000,000 ounces of silver annually at a seigniorage fee of 50 per cent. That automatically lifted the price of newly mined, domestic silver to 64 1 2 cents an ounce. Comparing * that price with the $34.06 an ounce at which the Reconstruction Finance Corporation will purchase gold the coining ratio between the two metals is more than fifty to one. Senator Wheeler and many of his silver colleagues want free coinage at sixteen to one. So far Mr. Roosevelt has given them limited coinage only and at upwards of fifty to one. It is not likely that gap can be closed at this session of congress regardless of the obvious power with which the silver men enter the fight. President Not Disturbed The meeting of the silver bloc, in fact, did not upset the President at all. Not many hours after the silverites dispersed administration leaders on capitol hill hed the inside story of what had taken place. I* was not a tale to alarm leaders who have the power of the White House o resort to if rebellion must be quelled. In the first place the silverites could not agree on a ratio for remonetization. Knowing that would be impossible they did' not even attempt it. Secondly. Senator Wheeler himself was careful to point out to questioners that his conference was not to fight administration money plans, but to supplement them. Pursuant to the London agreement. Mr. Roosevelt authorized limited coinage last week. Other silver producers—Canada, Mexico. Peru and Austraila—are expected to carry out their share of the London bargain to coin domestic silver. Indian Sales Limited The Indian legislative council already has approved that clause of the agreement which limits Indian sales of silver. It was against the flood of demonetized Indian silver that, the conferees sought a barrier in London. As the silver producing states join
OI I Byjjgllpj^jl LICENSE DEADLINE Dpc. 31st. \\e issue* Auto and Drivers’ License. Auto Plates Installed FREE. Trade Smooth Skidding Tires Now for Safe New MILLER Geared-tO’the-Road A tread really designed for safe, sure traction and quick braking. Built to outwear any other tire made. Liberal allowance for your old tires. I EASY TERMS SALE of Fully Guaranteed BATTERIES IJ.PIat. $3.89 15-Plat* $4.95,:, CHARGING—RENTALS—WINTER OIL AND LUBRICATION. Open Sunday to 6:00 P. M. Open Monday to 9:30 P. M. I Open IA.M. to 9:30 P. M.
DIVORCE SOUGHT
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<Copvrigh'. Harris Ac Ewing• A divorce decree that would make her a princess again is sought by Mrs. Bertha Smith • above), great-granddaughter of Ulysses S. Grant, suing Bruce Smith, son of a Louisville, Ky„ manufacturer. She charges cruelty and asks restoration of her maiden name. Princess Bertha Cantacuzene.
thr* United States and the effect of the London agreement becomes apparent, the administration is convinced silver men will become more content and less anxious to vote a got-it-alone policy. If that optimistic expectation is not realized, Mr. Roosevelt still has his power of veto. Senator Wheeler concedes it unlikely that he could obtain the two-thirds majority necessary to legislate against a veto.
UNIT ORGANIZED ON FARM DEBTS Marion County Committee in State-Wide Plan Elects Officers. R. E. Huffman, New Augusta, w T as elected chairman of the Marion county farm debt adjustment committee at a meeting yesterday. Other officers named are Folkening, Indianapolis, vice-chairman; D. E. Watson, Indianapolis, secretary; Clarence A. Mills. West Newton. and Harry Mollenkopf, Lawrence. memb?rs-at-large. The committee, which w’as appointed recently by Governor Paul V. McNutt, has its offices at 810 Traction Terminal building. Similar committees have been appointed for all counties in the state, their purpose, according to announcement by the Governor at the time of appointment, being to "serve as a material assistance to both debtor and creditor in an effort to arrive at a friendly, sensible and fair solution of debt problems.” LIQUOR TRANSPORTATION LAW CAUSES WARNING Outstate Shippers Must Have Indiana License. Official States. Warning to railroads and other transportation firms against permitting shipments of whisky and other liquors into Indiana by unlicensed dealers, in violation of Indiana regulatio.ns, was issued today by Sam H. Lesh, deputy excise director. Mr. Lesh pointed out that such shipments may be confiscated, adding that wholesale dealers, manufacturers and agents in other states must obtain Indiana licenses to do business in the state. Reports Suitcase Theft A black suitcase containing clothing valued at SSO was stolen from the bumper of an automobile yesterday. Mary Seeie. 1447 Pleasant street, reported to police.
New Year's Day Special Roast Duck, Goose or Turkey Dinner 65 £ COMPLETE DINNER DE LUXE, 85c Prime Kosher Restaurant Formerly SOLOMON'S 53' 2 5. Illinois St. LI-0658 Open New Year's Eve and Day
IK Wish You # A HAPPY NEW YEAR
CITY INDUSTRIAL NEWS OF THE WEEK
MARKED BOOST IS RECORDED IN BUILDING WORK Half-Month Total Shows 50 Per Cent Increase Over 1932. Contracts for construction projects of every description placed during the first half of December totaled $122,877,200 in the thirtyseven eastern states, according to figures of F. W. Dodge Corporation. This total for the half-month was more than 50 per cent larger than the total reported for the entire month of December. 1932. In addii tion the figures were more than 70 per cent ahead of the total reported during the first half of November, 1933. Residential building contracts placed during the first half of December totaled $13,629,200 as against $12,957,500 for the entire month of December. 1932. For public works and utilities contracts were almost twice as large as the total reported during all of December last year, whfip for nonresidential building the total of $25,423,100 for the first half of December compares with $24,944,900 for the entire month of December, 1932. The contract volume of $162,330,600 reported for the thirty-seven eastern states during November was almost 12 per cent larger than the total shown for October and almost 55 per cent ahead of the contract volume registered for November, 1932. Public Funds Spent Os the November construction total about $127,000,000 was for pub-licly-financed construction while the remainder represented pri-vately-financed undertakings. The publicly-financed construction awards during November were almost seven times as large as the total for this class of work shown during April of this year when such work was at its lowest ebb. It is of interest, however, to note that though public work largely has been responsible for the recent in- ; creases in construction awards generally there has been msasur- | able improvement also in privately financed construction projects ns contrasted with a year ago. During November residential awards totaled $23,615,700 as against $21,525,700 in October and $19,245.300 in November, 1932. Nonresidential building contracts placed during November amounted to $27,635.300 as against $31,117,400 in October and $31,844,800 in November of last year. Contracts placed for public works ! toivil engineering projects) October and $50,095,900 in November as contrasted with $85,729,000 in October and $50,095,000 in November, 1932; while awards for public utilities (also civil engineering) amounjed to $6,938,400 in November as compared with $6,995,100 in October and $4,116,300 in November, 1932. Loss Figure Falls Total contracts of all descriptions awarded during the elapsed eleven months of 1933 amounted to $1,048.488,900 as against $1,269,939,400 in the corresponding period of 1932. It ! appears likely that for the full year 1933 the total will approximate $1,200,000,000 which if realized would mean a loss from the total of $1,351,000,000 for 1932 of only about 11 per cent though at mid year the loss was running at about 35 per cent. Another item of decided encouragement is to be found in the November data on contemplated construction which totaled $939,131,100 as contrasted with $886,627,300 in October and only $114,349,000 in November, 1932. The current contemplated total is larger than that reported in any other month since April, 1930. and holds large promise for early trans- ■ lation into increased totals for contracts. POLAR GO, ICE CUBE SERVICE JS^POPULAR Holiday Business Increase Is Reported. A unique service, particularly popular with the public during the holiday season, is that of supplying ice cubes in cartons to homes and elsewhere in the city by the Polar Ice <fc Fuel Company. The greatly increased demand for the cubes at this time of the year is due to the large number of holiday dinners requiring ice for dressing dishes, and to the seasonal increase in iced drinks, according to Henry L. Dithmer Jr., manager of the Polar Company. The cubes are made in standard size, packed in cartons of twencyfour and forty-eight, and delivered any hour of the day or night. Polar ice cubes are said hs be made of pure, distilled water from deep wells, making them crystal clear and sparkling. Any quantity may be had promptly simply by telephoning the company. Suffers Serious Injury Serious injury' to his*hand was sustained early today by Albert Brandt. 20. of 901 lowa street, when he jammed his fist through the window glass of an automobile which he was unable to unlock. He was treated at city hospital. Police were told the car was the property of Eldridge Bales.
• " Above All Things i MONUMENT COAL CO. Commercial COAL-COKE Domestic COAL-COKE 701 E. WASH. ST. Lincoln 2233
THE INDIANAPOUS TIMES
RAILMOBILE IS NEW MODE OF FAST TRANSPORTATION
The latest thing in railroading is this 70-mile-an-hour, rubber-tired Railmobile. said to set entirely new standards of rail transportation, economy and efficiency. The foundation of the Railmobile is a Dodge heavy-duty six-wheel truck chassis. The car and its trailer accommodate thirty-one passengers.
ORCHESTRA PLAYS FOR ANTLERS’ FETE
The photo shows Red Hufford and his orchestra which will play in the new Oriental room at the Antlers tomorrow night.
U. S. Paints Residences Acquired by Loan Group
Value of Keeping Houses in Condition Stressed by Government. By Times Special WASHINGTON, Dec. 30.—Uncle Sam, day by day acquiring the | mortgages on more and more Amer- j ican homes, has been quick to recog- j MEXICO TO BE I WINTER CHOICE Many Will Visit Latin Country; Florida Still Is Popular. “Gay cruises and excursions toj sunny climes are being planned by j many Indianapolis residents just now, particularly since the recent cold snap,” according to Richard A. Kurtz, manager of the travel department for the Union Trust Company. The thing to do this winter, in the way of escaping the local wintry blasts, seems to be to “take in” Mexico—that “world of wonder.’* Two specially conducted tours have been arranged, via rail, and promises to leave one with the exotic flavor of having been to the "old world.” to say nothing of treating one's palate to the exciting delicacies of Mexico City's famed restaurant food. Mr. Kurtz says these delightful tours to the land of our Latin j neighbor are priced within the j reach of most any one’s pocket ; book. Florida also is popular again ! this year. Every one seeking milder climate and more time to play, won't go to Mexico. The current issue of the American Traveler magazine, listed no less than ninety-three cruises to the West Indies, twelve Mediterrea- i nean cruises, and several South I American, oriental, South Sea j island cruises and tours commenc- j ing before the first of February. Injured in Ballroom Fight Stepping into the path of a flying j fist during a fight at a downtown ballroom last night, Albert Nahmais. 19. cf 133 West McCarty street, received a blackened and bruised eye, he told police. He was treated at city hospital and taken home.
NOTICE— Manufacturers and Jobbers STACK FOR RENT Complete Housing Facilities for Larjre or Small Plants Private Switches, Served by Belt R. R. and Traction Fines Connecting: With All Railroads. Watchman Service Free Indianapolis Industrial Center 19th St. and Martindale Ave. CHerry 19J5
jfo With “Fisk” Tires You Take No Risk ff Investigate “FISK” Quality You buy the best when you buy SBtImBFi Fisk Tires or Tubes. Their inImMMJ creased tread rubber assures you of longer wear and better service, KwJ Every FISK Tire is unconditionally guaranteed against faulty workmanship or Tlmelb Re tire material. CKTAPISKI C. H. FRANCK TIRE SERVICE • Fisk Tire Distributor 513 E. WASHINGTON , RI. 7878
nize the importance of upkeep painting and reconditioning as safeguards for costly investments. The Home Owners’ Loan Corporation the federal government’s agency set up to save the homes of property owners in distress—has advised it state branches to investigate carefully the condition of homes under discussion and to recondition them before loans are made. Os necessity, reconditioning work is restricted to such repairs as are deemed necessary in the interest of the security. As outlined by officials of the Home Owners’ Loan Corporation the work may include: Exterior painting (woodwork or other exposed surfaces which need protection from the elements); roofing, gutters and down spouting and plumbing. The headquarters office points out that the amount of work to be done is left largely to the discretion of the individual branch managers. It may include plastering and limited interior improvements. In one instance, the digging of a well was necessary. Work described as interior decoration. however, and additions or structural changes can not be authorized; but the home owners’ loan act empowers the corporation to include in the loan an amount sufficient to cover the cost of repairs of this character. “Every experienced mortgage man knows,” says one official of the corporation, “that a loan on property is not safe unless the house is properly painted and in good condition. We are making loans which run fifteen and eighteen years, and it is essential, under the circumstances, that we pay particular attention to the condition of the security in each case.”
HOTEL ANTLERS NEW YEAR’S EVE Two Great Orchestras Gorgeous Cabaret Revue TALLY-HO SC.OO ROOM OR THE NEW BEAUTIFUL ORIENTAL SC.OO ROOM Ppr Person Both Prices Include Most Elaborate Supper, Entertainment and Favors for reservations CALL LI-2351
CREDITS PRESS FOR AUTO'S GAIN Writer on General Motors Anniversary Lauds Newspapers. A unique tribute to the important part that newspapers have played in the development of the automobile industry is disclosed in an article entitled "Ten Thousand Newspapers Carried General Motors Advertising from Broadway to Main Street. - ’ This is a story by William Callahan, which appears in the General Motors silver anniversary 148-page edition of Automotive Daily News, an issue dedicated to the celebra- : tion of the twenty-fifth anniversary j of the founding of the corporation during the past quarter of a century are reviewed. Mr. Callahan writes: “To measure the part that newspapers have played in the upbuilding of this industry of ours would stump Archimedes or Eiastein. Just what would have been the result to | industry if during the early days of I trial and experiment the press had taken the side of the ‘lt ain’t pracj tical’ boys no one can say. “Not only were the newspapers [.of the country quick to recognize | the news value of the motor car, i but they were equally helpful in assisting the then struggling young industry by such tangible aids as I the formation of local dealer organizations and in many cases ihe ! conducting and sponsoring of local ‘ automobile shows. | "Today, while such activities are no longer the responsibility of the newspapers,” continues Mr. Callai han, “the newspapers continue to play the most important part in ! acquainting the public with the merits and features of each factory's j products.” DIFFERENT PAINTS USED * | Coating of Various Surfaces Requires Proper Material. Various sui’faces require different types of paints; exterior work requires special exterior paint, interior work paint prepared for that purpose; floors to be painted should be given two or three coats of spe- ! cial floor paint.
AUTO MJ>AIR By Means Satisfaction!
Bsmßu go 7 By Street Car 14 MINUTES DOWNTOWN (Pennsylvania & Maryland) from £. Michigan & Rural 15 Min. in Rush Hour Cars run every 4 minutes in the rush hour every It minutes during the day and evening. For further information piione Riley 1571.
CRAZY CRYSTAL SALES METHOD RATED AMONG MOST UNUSUAL PRODUCING CONTINUOUS RESULT
Single Item Handled at One Price in Restricted Territory. The merchandising tactics of the Crazy Crystal Company, 142 North Pennsylvania street, are among the most unique to have produced actual continued results. P. M. Thomas, of the company, says that to his knowledge the j Crazy Crystal Company is the only i firm in this section of the country ! handling only one product, which is I sold in only one location, at one | price. This is doubly unusual when it is considered that this firm is the distributor for Crazy Crystals throughout the state of Indiana, excepting several counties north of Indianapolis, and in the territory, except Indianapolis, the product is merchandised through drug stores. In the towns of Muncie. Terre Haute, and Evansville, this drug | trade is supplemented by company
Building Upkeep Work Urged to Provide Jobs
Realtors’ Chief Suggests Painting to Shorten Relief Rolls. By Time* Special WASHINGTON. Jan. 1. —Upkeep work on privately-owned real estate holdings affords property owners an opportunity to co-operate with the government in giving employment to thousands of jobless in the hard-hit building trades, according to Herbert U. Nelson, executive secretary of the National Association of Real Estate Boards. State and municipal governments have taken the lead in utilizing civil works funds for long-deferred painting, reconditiong and redecorfiting work on public buildings, the real estate executive declared, and private business should follow this example. Mr. Nelson, in Washington this w r eek for preliminary hearings on the NRA real estate code, said the National Association of Real Estate Boards always has stressed the importance of safeguarding properties against deterioration and obsolescence. “Now, more than ever,” he said, “this work should be made a definite part of the real estate program. By undertaking such work immediately, all through the United States, real estate men can put thousands of unemployed to work, inject a needed stimulant into the building materials field, and at the same time increase the rentability of properties and protect their security.” The decline in building activity
Sparkling, Crystal Clear WIIH/I/II * ICE CUBES |i
ENROLL NOW Until Jan. 22nd INDIANA I LAW SCHOOL University of Indianapolis For Information, address the Sec’y, Riley 3433 INDIANA LAW SCHOOL The 8E Market St. Bldg. Indianapolis, Ind.
BARGAIN DAYS MONDAYS & FRIDAYS Two May Play for the Price of One Speedway Golf Course For Further Information Call Belmont 3570 SPEEDWAY GOLF CORPORATION 1
AUTO BODY REPAIRS Axles Straightened Cold While on the Car Fenders, Radiators and Bodies Repaired C. OFF & CO. 107 N. East St. Li. 1549
Established 1887 CENTRAL TRANSFER AND STORAGE COMPANY COMMERCIAL TRUCKING WAREHOUSE FORWARDING DISTRIBUTING l 209 West South St. • I Riley 9384
DEC. 30, 193'
owned stores, such as is here, but in these communities/ advertising also is increased. MB Hairy M. Thomas is a greafi liever in adapting merchandt principles to communities and / conditions, and easily proved point, when he states that he f his beginning in this field, v* • ' virtually unknown product years ago. Today his sales relL .I; healthy total of better than \ pqunds a month, with the g 1 steadily ascending. More unusual is the fact# with a less capable products sales would have been impair#;; ‘ terially due to the recent vorable comment by Dr. f Campbell, assistant to Prof|Tugwell. This little misunderstandrbeen "ironed out," and imwc* getting “face slaps." th(#v M getting "pats on the bacJt" government, according to a recel letter from Dr. Campbell.
during the last, three years, it if pointed out. has affected more labor groups than in any other single industry. Renovizing campaigns undertaken in various cities have served to provide a substantial amount of new employment, similar projects all over the country, realtors declare, could take great numbers off relief rolls this winter. Although there is a popular belief that painting and decorating can be done only in warm weather, it i3 pointed out that a great proportion of this work may be accomplished successfully in winter. A painting contractor should be consulted. how’ever, before work is undertaken. OIL AND TURPENTINE GIVE BEST FOUNDATION Stain Should Follow in Finishing, New Interior Wood. In staining new interior wood, * coat of liquid composed of equf j parts of raw’ linseed oil and tuft pontine first should ba applied a foundation. When this coat I dry. the stain should be applies When the stain has been on the sui| face for five or ten minutes, wi / off the surplus with a dry rag. 1 PAINTING POINTS CITeI If a house needs painting— fy protection, for appearance, or both-\ three considerations are necessar4 Select a good color scheme, specif# good materials and choose a reliak| painter. I ■■
Defective Steering Is Dangerous Does Your Car Shimmy, Wander, or Steer Hard? Such Defects Are Easily Corrected Without Much Expense INDIANA CARBURETOR AND BRAKE SERVICE 325 X. Delaware St. LI. 1876
t El. 9381
FOR ECONOMY PLUS QUALITY Bathroom Ostermeyer Paper Cos. Riley 6902 219 W. South St.
