Indianapolis Times, Volume 46, Number 59, Indianapolis, Marion County, 19 July 1934 — Page 10

PAGE 10

PECORA NAMED TRAFFIC COP ON MARKET BOARD Famed Investigator Will Supervise Trading in Stocks. •Coovrlßht. 1334 bv Cnltvd Press) WASHINGTON, June 19 —Ferdinand Pecora is the new stock market traffic cop. Supervisor of stock market trading is the official title of the job assigned today to the man who harried Charles E Mitchell and Albert H Wiggin out of New York's biggest banks Asa member of the new :curit;es and exchange commission. Mr. Pecora will keep a keen brown eye on trading in the expectation that Wall street will try some pool maneuvers despite federal law. Over-the-counter securities sales also will be under Mr. Pecora s observation. liar. Ablp Assistant Attempts to violate the new blue sky statutes are more likely in the division assigned to Mr. Pecora than elsewhere it was thought. “Hey, Dave!” will be the password around Mr. Pecora's new office as it was at the head of the Long senate stock market investigation committee table. “Dave” is David Saperstein. who sat at Pecora's right hand on Capitol Hill, and is on the job again as first assistant to the new’ commissioner. Saperstein is from Union City, N. J. Mr. Pecora's exact duties and methods of procedure have not been determined. Questions of maintaining a sizable investigating staff and means of procedure by chief Counsel John J. Burns of Boston must be studied. Pleased by Appointment Chairman Joseph P. Kennedy of the commission announced Mr. Saperstein's appointment as chief of the stock market trading division. Mr. Pecora commented: “Saperstein is a wonderful man for the job. We plan to team up and use the same methods in our new jobs as in the senate investigation. “However, the policy of the new commission is not one of prosecution. We w’ish to seek co-operation and not alienate it. We do not wish to hurt legitimate business.” PRO To SPEAK ON^GOLF Roy Smith Will Describe Game to Club Members. Roy C. Smith, professional at the Hillcrest Country Club, will speak on golf to members of the Indianapolis Exchange Club tomorrow. Paul Buchanan will be chairman. Thp third round of the club’s golf tournament will be played next Friday over the Speedway course.

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Woman Pool Owner Aids Times Class Beginner

Can’t Swim Herself But She Knows How to Teach Others. “Point your toes when you kick; don't bend your knees. There, that’s fine! You'll soon be swimming.* This shouted advice was given to one of the small boys entered in The Times-Broad Ripple free swimming course yesterday. But, it didn’t come from the lips of Arno Wade, head life guard. Neither had Neal Arnold, assistant life guard, spoken. Both Mr. Wade and Mr. Arnold were busy with other would-be swimmers in the pool. The coaching of the sun-browned, nine-year-old lad came from a tall blond woman seated on one of the beach chairs on the edge of the pool. The woman, one ot the most interested spectators at the lessons, is Mrs. Oscar Baur, owner of the pool, who this season has taken over personal management of the pool. The little boy climbed out after an excursion through the water and wiped the water from his face with a chubby wet hand. “You know," he said, confidentially, leaning on the arm of Mrs. Baur's chair, “yesterday I did everything wrong. Today the life guards say I'm doing everything they have tried to teach me right.” It may have Deen the result of Mrs. Baur's private coaching. Or it may have been because the youngster, like many of his companions, and numerous adults entered in the course, had lost his fear of the water, and w r as listening eagerly to the instructions in the American crawl. Lessons Fascinate Her “I can’t stay away,” Mrs. Baur confessed to another spectator. “To see these people, especially the children, learning so quickly to swim, fascinates me. “I’ve had a number of amusing experiences, too.’* Just then Mrs. Baur’s little private pupil slid down into the pool again. "Watch me this time,” he called. “I’m going to kick.” Again her attention was centered on the youngster. Once more she coached him in the lessons she had seen the life guards give. "I should tell him how to swim,” Mrs. Baur said to her neighbor in an undertone, chuckling. “I’d drown in a tea-cup.” Can't Swim Herself The classes will continue through Saturday. They are divided into three groups and reviews of previous lessons are given each day. Chil-

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Learn to Swim This coupon entitles holder to a free swimming lesson in The Indianapolis Times-Broad Ripple Learn to Swim class. Learn to swim week is July 16 to 22. This does not include admission to the pool. The price will be 25 cents for adults and 10 cents to children.

dren under 12 are taught at 10 and 2:30; those between 12 and 18 at 10:30 and 3, and adults at 11 and 3:30. Special classes are held each night at 8:30 for employed persons w’ho can not enter classes during the day. Only entrance fee into the pool is required for the lessons. Coupons clipped from The Times entitle the holders to instruction in the classes. UNCLE SAM IS GROCER TO NEEDY HOOSIERS List of Staples S-mt Here Are Revealed by Figures. By 'l ime* Special WASHINGTON, July 19.—Uncle , Sam, in the role of the world’s greatest grocer, supplied the following relief items in Indiana from October, 1933, to July, 1934: Pork, 5,667,376 pounds, 436,350 pounds of lard, 548.841 pounds of ; canned beef, 1.636,770 pounds of butter, 65,000 pounds of cheese; 12,627,576 pounds of flour, 675.984 pounds of cereal food. 149,940 pounds of beans. 51,450 gallons of syrup, 54,588 tons of fuel, and 30,000 blankets. The figures are from the Federal Surplus Relief Corporation.

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THE INDIANAPOLIS TIMES

3 INJURED BY DRIVER CHARGED WITH DRINKING Woman Hurled 30 Feet by Auto; Child Suffers Fractured Leg. Three persons, waiting for a bus at Keystone avenue and the Nickel Plate railroad tracks were injured today by an alleged joy-riding drunken driver. They are Mrs. .Beulah Chandler, 26, of 4858 Hillside avenue, who suffered serious internal injuries and a broken leg; her daughter, Nila Chandler, 5, broken leg, and Claude Phillipps, 52, of 518 North Sheffield avenue, father of Mrs. Chandler, bruises. Mrs. Chandler was knocked thirty feet when a car driven bv Harold Wilhelm, 21, of 1135 Shelby street, hit her. The other two were knocked about five feet. With Wilhelm were Frank Campbell, 19, of 2019 Adams street, and Bernie Waters, 19, of 1621 East Michigan street, who both said that Wilhelm was en route to Ravenswood for a day’s outing. Police charged Wilhelm with drunkenness, operating a motor vehicle while under the influence of liquor, reckless driving and no driver’s license. Woman Arrested in Raid Mary Wikle, 509 North Illinois street, Apt. 1, was arrested on larceny and vagrancy charges last night after police raided her rooms and recovered property alleged to have been stolen from a downtown department store.

AGENT REBUKED

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Lear B. Reed (above), federal department of justice agent, was criminally careless in the shooting to death of Mrs. Dessie Masterson of St. Louis, a coroner’s jury decided in holding Reed for the grand jury. Mrs. Reed, mother of four children, was struck by a bullet when federal agents raided her home on a tip that gangsters were hiding there.

House Burglary Reported Fraternity emblems, watches, and clothing valued at S2OO were reported today by Walter C. Holmes, 2041 Broadway, as stolen from his home while he was away on a vacation.

FLOODS SWEEP POLAND: FEAR HUNDREDS LOST Planes Aid Stranded Folk in Search for Thousands; 120 Known Dead. (Copyright. L 934. by United Press) WARSAW, July 19.—Army airplanes flew low over towns, villages and farm lands in southern Poland today, observers looking for white bed sheets on roof tops that would tell them the situation of families isolated by floods. The eventual death toll may mount into hundreds. On government order, wireless instructions were broadcast through

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thousands of miles of the flood area that airplanes would watch for three signals: Two Crossed Sheets—Medical aid needed. Single sheet—Drinking water needed. Two Parallel Sheets—Food for children needed. Many families all over the area had no knowledge of the plan, for they were isolated completely and radios were out of commission. Torrential rains continued over the entire southern portion of the country’. Rivulets were torrents. Water poured down from the hills to swell rivers and cause the great Vistula to rise more than seven inches an hour at Cracow, chief town of the area, whose low portions. including the Jewish quarter of Str adorn, were flooded or evacuated. Premier Leon Koslowski was In the area. Authorities feared a tremendous death roll. It was announced of-

July 19, 1934

ficially that 120 bodies, mostly of children, had been recovered. Four hundred were missing, and of thousands nothing could be learned. Os the towns. Zukopane and Tarnov faced most distress. Many persons there took to housetops for safety. Tarnov. a town of 38.700 people, was an island in the middle of a lake thirty miles in diameter. The river Raba, formerly little more than thirty feet wide, is a thirty-mile torrent. Zukopane, which until yesterday had one road open, was isolated. Cloudbursts moved southwestward today, striking one town after another in new territory. A cloudburst narrowly missed Dombrova, flooded the railways and severed communications. At Cracow, 171.000 population, the rains struck with paralyzing force. Train service was halted. Additional quarters of the city were evacuated. There was no communication in all southern Poland, south of Cracow.