Indianapolis Times, Volume 45, Number 289, Indianapolis, Marion County, 13 April 1934 — Page 14

PAGE 14

STOCK MARKET BILL FOES USE NRA INFLUENCE Desperate Tactics of Big Interests Revealed at Washington. BY THOMAS L. STORES Tim?* Writer WASHINGTON. April 13,-The Influence nf the NRA is being capitalized by big industrial interests in a desperate fight against the stock market regulation bill and the 1933 securities act, it was revealed here today. This latest phase of the intense campaign of “fright" is being carried out by the committee on durable goods industries, formed at the recent NRA session here, N which is seeking to enlist all code authorities and code committees in the country in its campaign. This bold movement, which aroused criticism in NRA quarters, was disclosed as liberal sponsors of the stock market regulation bill planned to go to President Roosevelt with a plea for his support in their attempt to pass a measure with

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“teeth” In It, as he has advooated. They want him to take a stand against such propaganda campaigns which are having their effect. Not only is the committee of industrialists using the NRA setup in its drive, but it announced that its members are advising their stockholders. employes and customers cf their opposition to the stock market measure and their desire for liberalization of the securities act. Advocates of a strong bill now are depending upon the house rather than the senate. The house committee will report, probably next week, a modified measure. Yesterday the drafting subcommittee reduced the maximum margin requirements from €0 to 45 per cent, but, retained specific margins in the bill. The senate hill, as it now stands, leaves fixing of margins to the independent commission of three which would be created to administer the act. The house bill retains the federal trade commission as the supervising agency. The final form of the bill will depend upon a conference between the two houses to compromise differences. Pope Greets Publisher VATICAN CITY. April 13.—The pope granted an audience today to Mr. and Mrs. Frederick E. Murphy, publisher of the Minneapolis Tribune. Mr. Murphy is a member of the United States delegation t.o the international wheat conference.

HARVEY SHAFER RITES HERE SET FOR TOMORROW One-Time Marmon Official Died in Miami on Dec. 25, 1933. Funeral services for Harvey G. Shafer. 64, who died in Miami Dec. 25, 1933, will be. held at 2 tomorrow afternoon in the Flanner & Buchanan funeral home. Burial will be in Crown Hill cemetery. The Rev. Jean S. Milner, pastor of the Second Presbyterian church, will officiate. Mr. Shafer was a lifelong resident of Indianapolis. He was vice-presi-dent of the Marmon Motor Car Company, and had been associated with that firm and its predecessor, the Nordyke & Marmon Company for thirty years. Harry Moore Rites Set The funeral of Harry P. Moore. 63, of 2329 Prospect street, will be held in the residence at 2:30 tomorrow afternoon. Mr. Moore died Wednes-

THE INDIANAPOLIS TIMES

day in the Methodist hospital. He was secretary and treasurer of the Local Coal and Ice Company, a member of Logan Lodge 575, F. & A. M, and K. of P. Lodge 56. Surviving are the widow; a son, Ralph F. Moore, Indianapolis; two brothers. Atlas Moore, Crawfordsville. and Fred Moore. Indianapolis, and a sister. Mrs. Hattie Martindale. Ind:anapolis. Mrs. Ailecn Haugh Dies Following an illness of three weeks, Mrs. Aileen .Haugh, 61. of 926 North Chester street, died yesterday. Funeral services will be held at 8:30 in the Speaks & Finn funeral home Monday morning, and at 9 in the Little Flower Catholic church. Burial will be in Holy Cross cemetery. Mrs. Haugh is survived by two daughters. Miss Stella Haugh and Miss Thelma Haugh, and two sons. Will Haugh and Gerald Haugh. Doth members of the Indianapolis police department. AUTO, ST. CAR COLLIDE Elderly Man Suffers Shock, Bruises in City Crash. J. W. Todd. 64. of 531 East New York street, suffered nervous shock and body bruises yesterday when the auto he was driving collided with an East Michigan street car at Noble and Michigan streets. A disputed right-of-way of a traffic signal caused the accident.

Car Thief Gets 8110 Loot Twisting the nancie of the door, a thief entered the parked automobile of Elmer C. Myers. Evansville, last night and stole articles with a total value of sllO. • ? The peculiar war cry of a queen bee can be heard several yards away from the hive.

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APRIL 13.1934