Indianapolis Times, Volume 46, Number 74, Indianapolis, Marion County, 6 August 1934 — Page 9

AUG. 6. 1934.

STATE ACCIDENT TOLL IS EIGHT FOR WEEK-END Five Killed in Car Crashes: Chicago Man Drowns Near Hammond. Week-end accident death toll of at least eight was counted In Indiana today. Five persons were killed in automobile accidents, one was drowned, one was struck by a train and one was struck by an mterurban car. William Cooper. 42. Chicago, was the drowning victim. H* succumbed in Wolf Lake at Hammond while swimming. Charles Brown. 75. Chicago was killed at Hammond when his horse and wagon was struck by an automobile. The toll of an auto accident near Ft Wayne Friday was raised to three with the death of Muss Mary (Miles, 23. Ft. Wayne. Mrs. Eliza Wells, 75, Shelbyville. was killed instantly when the wheel of an automobile In which she was riding broke down and the car overturned. James Dooley. 45, West Point, was killed and two others were injured seriously in a collision near Lafayette. William Campbell. 30, was killed when his automobile overturned near his home, west of Columbus. An unidentified man. about 40. was killed by a Southern railway passenger train while walking along the tracks near English. Another unidentified man believed struck by an interurban car near Franklin died in a hospital here. 14 RESCUED IN CRASH OF ALDERMAN'S YACHT Trim Craft Lies in Burial Place of Small Boats. Bj/ t nit' il Prrn NEW YORK. Aug. 6—Little Hell Gate, "burial ground for small craft.” held a trim yacht today while fourteen men. women and children recovered from struggling j in an angry tide until rescued. A ; 75-year-old grandmother, who I leaped for life with the rest and helped sustain a grandchild as all whirled and bobbed on life belts, was in serious condition. Alderman William J. Twyford's thirty-foot cabin cruiser Adele crashed on a submerged rock. Twy- j ford ordered all into life preservers; and they leaped. Clinging tocether, they were swept into East river. Captain Christian J. Former of the tugboat Huntington saw the wreck and ploughed to the rescue, j His crew threw ropes, pulling all aboard.

. lut even that’s not all jf||there is to it AFTER you receive the tobacco 'The Chesterfield process of blend"CX from the farmers you have to ing and cross-blending tobaccos is dry it just right and then store it different from others, and we * JJ away for ageing for over two years. believe it helps to make a milder IJW Then you take the different types and better tasting cigarette. \ %jW of home grown and Turkish tobac- Down where they grow tobacco cos and weld them together in such in most places Chesterfield a way as to make a balanced blend. is the largest selling cigarette . C 19 >4. i-iocrrr * Uru loaacco Cos.

FIGHTS STERILIZATION

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Oklahoma’s law for sterilization of habitual criminals is challenged by George Winkler, 29. (above) third termer in state prison at McAlester, in a test case that will be fought through high courts. His attorney has served notice of appeal from the board of affairs' ruling upholding the law in Winkler's case. DANISH-AMERICANS CELEBRATE BIRTHDAY lloosier Residents Gather at Home of Leader. Approximately eighty-five persons. Danish residents of Indianapolis, were guests yesterday at the home of Lars F. Rasmussen, 1106 West Twenty-ninth street, at a celebration of Mr. Rasmussen's seventieth birthday. Long a leader among Danes in Indianapolis and throughout Indiana. Mr. Rasmussen organized the North Indianapolis Pioneers’ Club, of which he is president. He came *o the United States from Denmark in 1388 and followed the tailoring trade until ten years ago, when he retired. REPORT SHOWS GAIN IN INTANGIBLE RECEIPTS State Fax Official Claims 7.79 Per Cent Increase. Increase of 7 79 per cent in intangible tax receipts for the first six months of 1934. over the first six months the law was in effect, is shown in the report of Anderson Ketchum, state tax board secretary. Total receipts from Jan. 1 to June 30 were 5852.099.18 as compared to $785,947.70 for the six months ended Oct. 31. 1933. Administrative expense of the act amounted to $15,786.80. Distribution of the receipts to counties and the state general fund will begin at once, Mr. Ketchum said.

BOARD REFUSES PAROLE SOUGHT OY 25 CONVICTS Commission Tightens Up on Applicants: Only Seven Win Freedom. The state clemency aemmission hasn’t been particularly generous in letting prisoners 'out of Indiana penal institutions recently, according to a report to Governor Paul V. McNutt. Os forty cases coming before the board during the July session twenty-five were denied clemency, ' seven were paroled and the others ! were continued. Alex Geiskmg, alleged bootlegger i and hijacker, was paroled from a ; ten-year auto banditry sentence from Ohio county to begin serving the same length sentence from Marion | county. Tim Harris, sentenced in 1931 from Marion county to ten years for robbery, was denied a parole. The prison record of Lemuel E. Gilpin, sentenced ffom Marion county to i ten years for auto banditry, kept him from receiving clemency. Cases of Orville George, serving ten years from Marion county for burglary, and George Dewey Caine, Marion county, five to twenty-one . years on a statutory charge, were denied.

EARLY REGISTRATION ARRANGED FOR FROSH Butler to Aid First Year Students in Avoiding Confusion. A system of preliminary registration. whereby beginning freshmen can enroll at Butler university and avoid the confusion of the regular registration days. Sept. 17 and 18, has been announced by Professor George A. Schumacher, freshman advisory committee chairman. Professor Schumacher has arranged to open his office five days a week to interview new students, beginning Aug. 21. He will examine entrants’ high school transcript of grades and advise them on courses of study, academic requirements and the many other problems that face beginning students. CITY HUNTER WOUNDED Shot in Foot, Man Is Recovering at Hospital Here. Louis Federstill. 31. of 1648 Medford street, accidentally shot in the foot while squirrel hunting near Martinsville Saturday, was in fair condition at city hospital today. A gun carried by a companion, James Stevens, High School road, was discharged accidentally.

THE INDIANAPOLIS TIMES

TRIP COST NOTHING

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Mary Weisemen, 18-year-old Pittsburgh swimmer, is back home after seeing New York, both inside and out. She got an inside view when she was jailed for inability to 'pay a luxurious hotel bill, and complained of prison food because oatmeal was served with milk.

GUARD CHARGED WITH AIDING TEXAS BREAK Confesses Smuggling Guns to Trio of Killers, Warden Says. Bn United Preum HUNTSVILLE, Tex., Aug. 6.—A guard, who is alleged to have smuggled three pistols into the Texas state prison for SSOO was blamed today for one of the most unusual prison breaks on record —escape of three condemned killers from the death house. A special grand jury was to be called today to consider charges against James Patterson, the guard accused of “selling out.” Prison manager Lee Simmons accused Patterson of smuggling guns used by Raymond Hamilton, Joe Palmer and Irvin (Blackie) Thompson in their sensational flight over the walls on July 22. Simmons said Patterson signed a full confession. Stops Torture of Rheumatic Pain Sufferers, from rheumatic pain are certainly happy over their discovery of Nurito. Now they have found a prescription that quickly relieves the agonizing pain of rheumatism, sciatica, lumbago, neuralgia or neuritis. This effective formula —developed by an eminent specialist —is now available to the public everywhere. It works like a charm, fast and powerful, but harmless, no opiates or other narcotics. By all means make a trial of this prescription that eases torturing pain and makes sufferers grateful. And to make it more emphatic, if it doesn’t relieve the worst pain with two or three doses, your monev will be refunded. Trv Nurito today on this guarantee. At all druggists.— Advertisement.

SENATE FLAYS FOREIGN OOND SALEMETHODS Activities of Investment Bankers ‘Scandalous,’ Report Says. By L'nit'd Prrm WASHINGTON, Aug. 6.—Activities of investment bankers in floating foreign securities in the United States form “one of the most scandalous chapters in the history of American investment banking,” the senate stock market committee declared today in the second reports on its two-year investigation. “The sale of these foreign Issues was characterized by practices and abuses which were violative of the most elementary principles of business ethics.” the report charged. The first committee report was issued several weeks ago. Subsequent chapters are to be released from time to time. The report denounced the lack of protection to investors and the custom of offering new issues to preferred purchasers at prices which guaranteed a profitable turnover without risk. “The colossal loss sustained by the public on bond issues sponsored by investment bankers manifests that these bankers either were incompetent or derelict in the performance of their duties,” the report stated. “The record of activities in the investment banking field were so shocking afe to place beyond controversy the urgent need for legislation such as the banking act of 1933 and the securities act of 1933.” The report stated that the public purchased $6,293,000,000 in foreign bonds alone from 1923 to 1930, and WANTED "JR™"’ I M atches. Chains. Nines, Gold Teeth. H Cash Paid Immediately, Bring to 8 Standard Gold Smelting Co.l 423 Lemcke Bldg., 4th Floor Entrance Isl East .Market St, I WATCH AND JEWELRY I* REPAIRING * i Only the Finest Materials Csed L. Round Watch Crystals 15c up I STANLEY JEWELRY CO. " 113 W. Wash St. Lincoln Hotel Bldg. 9:45 A. M., Tues. Thurs., Sat. IAA 6:00 P. M.. Mon.. Wed.. Fri. I 11:45 P. M.—WFBM.

that approximately $2 900.000.fj00 was in default on March 1, 1934. The committee criticised the custom of stabilizing the price of new issues during the flotation. It was shown that after this artificial support was removed prices slumped. The report reviewed the Morgan j “preferred lists." “In each case, a portion of the stock purchased by the bankers was offered to a seletced list of the influential individuals.” the report j stated. “Asa result of these offerings, which received considerable publicity, the interest of the general public was captivated, and market levels materially above the price of the original offering were I quickly established. “Availing themselves of the opportunity afforded by the intense public interest, the bankers disposed of large blocks of their holdings at substantial profits, with entire immunity from the legal liability which would have accompanied a public offering and the issuance of prospectuses.” The report reviewed the evidence showing that John J. Raskob. Charles Francis Adams, Silas H. Strawn. William Woodin and others had received stock at preferred prices. The report cited a number of South American bond issues as illustrative of the kind of practice it was denouncing. The committee also condemned

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what it described as a tendency toward monopoly through absence of competitive bidding for corporate and foreign government financing.

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Duce’s Wife Is Expectant Mother ROME. Aug 6 —Mrs. Bnito Mussolini, wife of the premier, is expecting a baby in six months, it waa learned today.

BACKACHES KIDNEY DISORDERS corrected by taking DIUREX Sold and Guaranteed HAAC’S Cut Price Drugs YtleiA and Womens. CLOTHING ON EASY CREDIT ASKING MARINE Cd 117 W. WASHINGTON ST.