Indianapolis Times, Volume 46, Number 41, Indianapolis, Marion County, 28 June 1934 — Page 10

PAGE 10

27 BILLIONS IN DEBT DEFENDED BY GOVERNMENT Administration Collecting Ammunition to Meet Campaign Attack. BY RI’TH FINNEY Tihim serial Writer WASHINGTON. June 28—The treasury department's new long ranee planners will find a $27,000,000.000 public debt staring them in the face when they begm studying the government's fiscal policies. Most of their research will revolve around this fact. They will be concerned not with curbing the amount of government spending but with finding ways to facilitate borrowing, to preserve public credit, to make possible future reduction of the debt, and possibly to cut interest charges. Announcement of the plan for reform comes just as one fiscal year ends and the work of writing a budget for another begins. On next July 1 the new program should be ready. Looms a Campaign Issue The announcement also coincides with preparation for making the public debt a campaign issue. Its $27,056,000,000 total is slightly greater than the debt at the end of the war. It amounts to $215 for each man. woman and child in the country. The administration has been collecting other ammunition to meet this attack. It is prepared to submit these figures to the public if the opposition goes ahead with it: Against the total of the public debt, certain items should be offI he first of t hese is $3,559,000.000 in securities which government agencies hold as collateral for loans it has made to banks, railroads cities and other public bodies. It expects this money to be repaid. It has a cash balance in the treasury of $2.687 000.000. It has. in addition. the $2,000,000,000 stabilization fund set up by the gold reserve act. Subtraction of these sums makes the net debt $18,810,000,000. If the amounts owed by foreign nations, totaling $11,750,000,000. could be accounted as an asset, the net public debt would be only $7,000,000,000 a figure reminiscent of pre-war days If the United States eventually receives one-tenth the face value of the foreign obligations the public debt would be reduced to $17,635,000,000 or $l4O per capita. Other Optimistic Figures The administration has other optimistic figures. Compared with France and Great Britain, the position of the United States is decidedly favorable, it argues. The last League of Nations statistical year book shows that the public debt in France amounts to $376 per capita. in Great Britian it amounts to $696. Even when the $20,000,900,000 debt of cities, counties and states in this country is added to the federal debt the per capita here is les* than in those two countries. On still another basis of comparison. the position of the United S'a es shows up well in statistics. A few months ago. calculations were made to indicate the ratio between public debts and estimated national incomes in 1928. In the United States, the ratio of debt to 1928 income was 27 per cent. In France it was 160 per cent; in Great Britain 188 per cent. Less Than War Expenses This country's debt amounted to 7 per cent of the estimated national wealth for 1928. France's debt was 23 per cent of its national wealth; Great Britain's was 37 per cent. Amounts being spent for recovery in the fiscal year just ended and the one just ahead total about half the cost to the United States of the war. In 1918 and 1919 fiscal years. $31.000 000.000 was spent. For this

THE INDO-VIN HAS NO EQUAL

Indianaixilis Residents Say They Never Saw Anything: Like This New Mixture of Nature’s Medicines, and Crowds Are Flocking to the Hook Drug Stores for It. Indianapolis people say they never saw the equal of Indo-Vin. This new. scientific mixture of 29 Extracts from Medicinal Plants, nowbeing introduced in this city at all the Hook drug stores, is helping people here in Indianapolis who had NEVER BEEN really helped before by ANY medicine and some j of the best people of this vicinity are publicly endorsing it. describing its remarkable action upon the ailing human system and urging ALL WHO SUFFER to get it and take it. For instance, following are TWO of the statements that have been received from this city. These people tell, in their own words, how this -wonder compound" does away with many forms of pain and miserv and cleanses and tones the WHOLE BODY into new health. These statements are worth reading: Indianapolis Lady \\ as a “Wreck in Health" MRS BLANCH GEORGE, of 324 N Blackford St.. Indianapolis, said: • Photo Appears Above.) "I was a regular victim of stomach trouble. After eating my food would ALWAYS form a heavy lump right in the pit of my stomach. Everything I ate would turn sour and disagree with me and cause all kinds of misery. Was also troubled with constipation, and my bowels simply wouldn t act without a laxative. My kidneys were deranged and I was always having terrible pains in my back. I was just a ‘wreck m health'

SOUGHT BY RESCUERS

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Missing in China ana feared prisoners of bandits who attacked a British steamship, Mrs. Myrtle L. Warren and son Howard (abovei. are being sought by rescue groups. Mrs. Warren is the wife of Dr. Leon H. Warren of ! Philadelphia, surgeon on the U. S. gunboat Tulsa, now in Chinese waters. JOB’S DAUGHTERS TO INSTALL NEW HEADS Miss Ruth Smith Is Named Honored Queen. Installation services for new of- j fleers of Bethel 11, Job’s Daughters, will be held at 8 tonight in the Odd ! Fellows hall, 2539 West Washington street. Miss Ruth Smith will be installed as honored queen. Other officers are | senior princess, Janice Wa.vman; j junior princess, Dorothea Dagener; i guide, Florence Lambdin; marshal. Dorothy Garman; chaplain. Bernice Tucker; treasurer. Pearl Butcher; Recorder, Ellen Knight pianist, Alma McNeely librarian, Jane Howe; first mssenger, Bessie Beckenbaugh; second messenger, Jeanette McNeely; third messenger, Lorraine Thomason; fourth messenger, Katharine Dagener; fifth messenger, Iva Smith; junior custodian, Rossetta j Daw ton; senior custodian. Marthetta Pearson; inner guard, Velma i Hampton; outer guard, Benechetka 1 Rizzo. WEST FILM REVISED Mae’s Picture, “It Ain't No Sin” Is; Returned to Studio. By I'nitrd Press NEW YORK. June 28.—Para- j mount Productions announced to- j day that Mae West's new picture.! "It Ain't No Sin,” will be withdrawn | and sent to the studio for thorough' revision before being presented to j the public under anew title. year and next the estimated total is 516.500.000.000. At the end of the war, the per j capita public debt was $240, a larger figure, in relation to population. than the present one, though | the debt's total is somewhat larger: now. Quick 'T/ealinq Skin irritations If you puffer with pimples, eczema, rashes, chafings eruptions or other distressing skin trouble, begin today to use Cntieura Snap and Ointment Bathe the affected parts with the Soap, anoint with the Ointment. Relief comes at once and healing soon follows. Write for serial folder on orfs the rare of the skin —— Addreas. “Cuticura,” Dept. *€% Malden, Mass.

jHv V JEC’’

MRS. BLANCH GEORGE

and couldn't find anything to help me. but finally I got Indo-Vin. and this medicine went to work inside of my stomach organs and I don't have that heavy feeling like a lump of lead in my stomach any more and ,I*can eat ANYTHING. All the gas and misery is gone, and it acted on my kidneys and put a stop to the pains in my back. It also regulated my bowels so that I never need laxatives any more, for my bowels act of their own accord and I am feeling like anew person in general. I gladly endorse it." A Kidney Victim MR. KORT HAKKR. of X. Alabama St.. Indianapolis, said: "My kidneys were so deranged that they got me tip all night and I couldn't sleep on account of this constant rTsing. When l got up in the mornings I would he so stiff and sore across my kidneys that 1 could hardly stand the pains. 1 tried all kinds of medicines, hut nothing seemed to act on me at all: then finally I found Indo-Vin and it drove the kidney misery right out of my system. 1 <-an go to bed and sleep without getting up now. and in the mornings 1 feel fine. All the pains hare-vanished from tnv hack. I think this medicine is the GRKATRST EVER and I am glad to praise it." The |nd-Yin Man Is now at Hook's drug store, Illinois and Washington Ms., here In Indianapolis, daily meeting the local public and introducing and explaining this new mixture of Xature's Medicines. Sold hy all Hook’s Dependable Drug Mores. —Advertisemeat, f

Less Than ‘A Prux on Many Items "‘Summer Savings” Sale Ends Saturday Night First Floor 75 Pairs 15c to 25c Anklets and Half Socks (soiled), pair 5c 70 Pairs Women’s 35c Rayon and Cotton Hose, pair 19c 60 Pairs Women’s $1.19 Silk Chiffon Hose, pair 79c 35 Pairs Misses’ 48c Pure Silk Stockings, pair 33c Second Floor 180 Pieces Silk Rayon Cotton Lingerie \/ p r [ ce || ‘ Women’s and Children’s, soiled and mussed from display. / 2 Furniture I 65 Women’s Cotton Crepe Pajamas, Regular Sizes, SI.OO Value, ,59c ■UI I ill ■UI "V.W . 4 1 Women’s Cotton Crepe Pajamas, Extra Sizes, $1.59 Value 79c j Women’s Silk Briefs, flesh color, $1.19 Regularly 59c 8 Inner-Spring Mattresses $ 34 95 Value, J 19959 95 .10 Women’s Lastex Panties, $1.39 regularly, Now at ..;...69c These come in twin sizes'only. Sold regularly at $34.95 Cleat mice Sale! Cleat amt Salt. Only Eight—Better Come Early! Toilet Goods I Notions $109.00 Living Room Suite (1 only) to go at $89.95 18 Coty Compacts, regular 50c kind.. .19c 3 Laundry Bags, were 59c, at 25c m , T . /. i \ <212 $19.95 Tapestry Lounge Chairs (4 only) now slb.yo 7 Electric vibrators, were $3.29, at... .89c 7 snk Pillows, were sl, now 49c $34.50 Moderne Steel Glider (1 only) now at .. $24.50 _____________ | 47 Stamped Pieces, were 35c, at 10c $14.95 Brown Enamel Beds (2 only) Choice $9.95 || a |f Price Clearance mi Eye^tEmbroidery, yd.' 25c $11.95 Full Size Metal Beds (3 only) Choice $7.95 Well known toiletries, pel- . 4 Ostrich Boas, formerly $3.45, at $1.49 $54.95 Three - Piece Bedroom Suite (4 only) $39.95 *4 160 yards 59c Do “ wl Nrt ’ Yard let set pieces and others. Your 7 ** Odd lots notions and needs. Choice . choice. Price while the y last * BP* ■ 1 I „ _ , Clearance Sale! Basement Clearance! c *H3Th - Neckwear $3.75 Portable Shower with curtain (71 only) reduced t 0... $2.79 # f SmTIM 1 60-inch Sink, double drain, slightly marred, was $03.00, now, S3O lg pajamas sizes 4 to 8> were 39c> at 2 :,c 1 1la y--1 combination Sink and Laundry Tub, $51.50 value at-- $35 23 Athletic Union Suits, 29c values at.. ,15c 65 pieces, formerly 98c, now 49c $36.50 Shallow Well Gear Pump, slightly used $25 68 Washable Shorts, 49c value at 29c 6 pieces, formerly $1.93, now 95c $3.79 Cast Aluminum Porch Brackets (71 only) reduced to. $2.49 "h.te £!!! ,39c - . sl.lO Bedroom 2-light fixture with pull, reduced to 69c __ Clearance Sale! $1.29 8-inch (straight) Electric Fans—reduced to SI.OO . 77 Hickory Shafted Golf Clubs, original $1 value, now. 29c CISSS'SIIICS CjIOV©S 1 Key Chord Ukelele, was $8.95, $2.95 g 9 Pairs Women ’ s $1 Linen Gloves 59c 95c Hand Saw. 8-Point, reduced to 79c a j rs Women’s $1 Pique Gloves 59c Si.l9 Electric Soldering outfits at 98c Jiffy Ice Cream T reezer, toe 18 pj ay .A-Sax, formerly sl, now, 39c 28 Pairs Women’s 69c Silk Gloves 29c 52.95 steel Frame Cultivators at $2.79 Heavy galvanized 2-quart size. 2 Saxettes formerly $2.65, now, $1.19 65 Pairs Women’s 59c Fabric Gloves. . .39c 69c Screen Door Grills, reduced to 49c Metal bucket. Reduced to 75c. . on. ioc 121 Pairs Women’s 29c Fabric Gloves. .19c tz , - ,C '' s , 110 Pairs White 59c String Gloves 39c 86.45 Lawn Mowers. 16-inch r | 500 Phonograph records, 20c75c. ,10c 20 Women’s 39c Belts in Colors Me size. 77 of these, (I*4 QO Bill© EnBITIGIWBIG - ■ ‘ 40 Hand Bags, 29c to 49c, now 19c - 1 coffee pots, wash basins and ~ j? Clearance Sale! others, ideal for camp, sum- m M C Clearance Sale! 29c Cast Brass Hose Nozzle, at 19c mer cottage or home. ■ m i£3liyl I 98c Aluminum Juice Extractor, 79c 59c Reversible Wool Dust Mop, 29c I BOllCl J 9sc Sire Spee-I)ee-Kleen, now 49c V-Leaf Rose Treili, 6-ft. size, at 39. 26 Loose Leaf Binders, 59c va.ue 29c „ pm , Neck ' e ,..soc fe C ak Garbage fit | size OJoSm Pens'"reglr.; ZI:Z. 49c 6-JewC Wrist tight handles - 24 State Tax Record Books, $1.2.) val., 39c Electric $12.50 „ ,I. !, a al rQ 61 Rolls 10c Dennison Crepe Paper 5c 1 Eight-day $19.95 Chime Clock 79c Stoneware Bean Pot m metal holder, reduced to 59c 4 Pairs Boo k Ends, were sl, now 29c at $12.50 Many other items are greatly reduced for quick clearance. Visit the 6 Leather Score Pads, 49c value 19c 120 Pieces Costume Jewelry, big basement Friday. Great pickin's for bargain hunters. More than 9 Leather Score Pads, $1 value 29c formerly 17c to 25c at 9c 2,000 pieces of high grade merchandise reduced in price. 50c Box stationery, soiled, box 25c —Sears, Basement. 20 Prs. Men’s All-Wool Knickers—Were to $4.00, at 79c 2 “Big” Men’s Suits (48 and 50) 2 Pants—Were $17.50, Now. $10.98 Special Clearance 30 Pairs Irishmen Golf Knickers—While they last 89c k A f A II 12 All-Wool Patch Pocket $16.50 Suits for Men—Only $7.88 Cll S |3 |3 3 1 ■ • Clearance Sale! Clearance Sale! 12 Pairs Men’s $1.98 Golf Socks,Pair 30c OIYIOIT S Sho©S LIiIGIIS 36 Athletic Union Suits—79c Value 40c | Formerly Up to $2.98 s Linen Table Cloths, $2.95 value 5i.95 .... XT • O on \r ! so 5 1 Linen Table Cloth, $3.65 value, $2.85 30 Athletic Inion Suits, I9c \ alue 59c Clearance 1 Linen Table Cloth, $5.75 value $3.95 3 Heavy All-Wool, $4.98 Sweaters $2 S1 p . 0 m 3 Linen Table Cloths, $4.45 value. ...$3.65 ... „r 1 O J. c*i on xr 1 C 1 ' 4 Linen Table Cloths, $3.95 value $2.95 1 / All-M 00l Sweaters, 51. 39 \ alue, at $1 Friday pfl { * he 33 Linen Scarfs, SI.OO value, at 69c 4 Pairs White $1.89 Coveralls, Size 46, at $1.25 m a,r 136 Linen Towels, 19c value at 15c o*o r, . xxtu*4- rr *n Ponto QCp Voliin Ready Friday morning. Just 193 pairs 4 Linen Lunch Sets, $1.59 value. 98c iS Pairs W hlte Txx ill Sailor 1 ants, 98c V alue. . .79c women’s smart summer footwear! 27 Turkish Towels, 75c value at 49c 13 Men’s Raincoats, Grey, $2.98 Value $1.50 J stra P Snd j als 10 Turk, Toilet Seat c overs, 79c value, 49c Black Calf Sports Oxfords , 01 rr 1 • m . ei m 1 96 Army Raincoats, Regularly $1.59, Now... $1.29 Brown Calf sport., Oxford, 31 Turk,,h Bath Mat, sll9 vaue 69c Sizes 4toß in combined assortment. Not 3 ace Scarfs regu ai !> .1. at c -Sears, First Floor. a U sizes in each style. Come early for first 1 Vanity Set, regularly SI.OO at 69c choice. 13 All-Linen Lunch Cloths, $1.19, at. . .79c Watch Repairing Special Luncheon p—|. Grilled Sirloin Steak ri H B ffllj I >WgTiTI Men’s Barber Shop Golden Bantam Corn - French 7 —First Floor. Fried Potatoes; Roll, Butter, Coffee - ■——■

THE INDIANAPOLIS TIMES '.

JUNE 28, 1934