Indianapolis Times, Volume 46, Number 107, Indianapolis, Marion County, 13 September 1934 — Page 3

SEFT. 13, 1934.

C. B. FEASEY’S RITES ARE SET FOR TOMORROW

Crane Service Corporation Head to Be Buried in Crown Hill. Funeral services for Clarence B. Feasey. 40. of 125 Blue Ridge road, president of the Crane Service Corporation. who died Tuesday night in the Methodist hospital, will be held at 2 tomorrow in the Hisey Sc. Titus funeral home. Ancient Landmarks lodge, F. Sc A M.. will have charge of the services. Burial will be in Crown Hill. Survivors are the widow, a daughter. Carolyn Elizabeth Feasev, and two sisters. Mrs. Isabella Nottmyer. 1 Wabash, and Mrs. Grace Mackey, Indianapolis. Mrs. Steiger Buried Burial services for Mrs. Louise Steiger. 77 Centerton. mother of Frederick W. Steiger. deput> prosecuting attorney, who died Sunday in her home, were held yesterday in Centerton. Mrs Steiger was born in Indianapolis, but had lived m Centerton forty years. Margaret Chartie Dies The funeral of Miss Margaret, Chartie. 18. of 3912 Cornelius avenue. who died Tuesday in her home of heart disease, was to be held at 2 today in the home. The Rev. L. C. Trent. Woodruff Place Baptist church pastor, was to officiate. Burial was to be in Crown Hill. Survivors are the mother, Mrs. Jennie Chartie and a sister, Mrs. Elizabeth Guthridge. Thaddeus Rose Dies Word has been received of the j death of Thaddeus Luther Rose, 3. Georgiana. Ala.. Tuesday night, by Indianapolis friends. Mr. Rase was known nationally for work among boys, and had given dinners during the Christmas sea- ' -on until eight years ago to Indi- j anapolis newsboys in the Y. M. C. A Mr. Rose was express agent in Georgiana for the Louisville S: Nashville railroad, and retired in 1932. Charles H. Peck Dead Charles H. Peck. 47. of Bedford. J who had been making his home for several months with his broth- { rr-in-law. James Culhan. 1703 North Delaware street, died of heart disease last night. Railway Mail Clerk Dead The bodv of Louis Sifferlen. 59. railway mail clerk. 343 South Emerson avenue, who died yesterday j while making a run on the Pennsylvania railroad from Indianapolis to Pittsburgh, was to be brought to j Indianapolis todav. Funeral services will be held at 8:30 Saturday in the home, and at 9 in Our Lady of j Lourdes rhurrh. with burial in Holy j Cross cemetery. Mr. Sifferlen was a member of Our Lady of Lourdes church, the Men's Club of the church, and the j Railway Mail Clerks' Association. Surviving him are the widow. | Mrs. Catherine Sifferlen; two! daughters. Misses Mane and Doro- ! thv Sifferlen and two sons. Claude, and Bernard Sifferlen, all of Indi- j anapolis. F. L. Carter Rites Funeral services for Frederick L. Carter, 67. of 3561 North Pennsyl- | vama street, who died yesterday in Methodist hospital, following a cerebral hemorrhage, which he suffered In his office, will be held at 10 tomorrow in the residence. Burial services will be private. Mr. Carter was treasurer of the j Carter-Lee, Lumber company founded by his father. Surviving are the widow; a daughter. Miss Elizabeth V. Carter: two sons. Wilbur M. Carter and Frederick Carter Jr., all of Indianapolis, and a sister, Mrs. Will Rooker, Zionvtlle. MUSICALE ARRANGED BY ZIONIST DISTRICT Meeting Scheduled for Sunday in Beth El Zedeck Temple. Indianapolis Zionist District will hold a meeting at 8 Sunday at Beth El Zedeck Temple. The program includes songs by Miss Helen Kline, accompanied by Mrs. Isaar Marks; recitations by Misses Rebecca Levy and Esther Levine: a report on the last Zionist convention in Atlantic City, by Nathan Toplin. and messages from Palestine by Mrs. Sam Barskin. Martinsville , and Abe Goodman. Shelbyville. Group singing will be led by Cantor Myro Glass. Officers will be elected. GUN EXPERT TO SPEAK Arch Rail to Address American Society for Metals. Arch Ball, ballistics expert of the Indianapolis police department, will speak at the meeting of the Indianapolis chapter of the American Society for Metals, at 8 Monday mght In the Indianapolis Power and Light Company* West Moms street plant. Formation of a class in metallurgy will be discussed at the meeting.

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DEAN DODGES CAMERA EN ROUTE TO COURTROOM

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Edward Foggy* Dean, on trial in criminal court for the submachine gun murder of Sergeant Letter Jones, objects to having his photograph taken while he is handcuffed, as he demonstrated to a photographer this morning. He is shown here, between Detective George Mueller (left), and Deputv Sheriff Edward Kassenbrock as he left the Marion county jail for circuit court where a jury to try him is being selected.

MINTON.KERN TO SPEAK HERE

Democrats to Open County Campaign Tomorrow at Tomlinson Hall. The Democratic campaign will open in Marion county at 3 tomorrow mcht. with a mass meeting in Tomlinson hall, sponsored by the Cosmopolitan Democratic club. Dr. Will H. Smith, club president, will present Mayor Reginald H. Sullivan, who will preside as permanent chairman. Speakers will include Superior ; Judge John W. Kern, nominee for j mayor; Sherman Minton, nominee | for United States senator; Congress- ! men Louis Ludlow and William H. 1 Larrtibee; F. B. Ransom. Criminal i Judge Frank P. Baker and Otto Ray, candidate for sheriff. Judge Kern's speech will be included in the broadcast of the meeting, which will be over WFBM from 8:45 to 9:15. Seated on the stage will be many veterans of past political campaigns. BIG BEN. 154-POUND CATFISH. IS CAUGHT “King 1 ’ of Arkansas River Landed After Wounding 2 Men. By I nitrrl Prrss JONESBORO. Ark,. Sept. 13—Big Ben, king of the catfish in the St. Francis river, has been caught. Neighbors in the vicinity of Deep Landing waters gaffed the big fish in a battle to the finish three weeks after Big Ben had injured two of four men who tried to land him. Big Ben weighed 154 pounds and measured seven feet. His head was sixteen inches across. AUTO UPSETS IN IVY Motorist Poisoned After Car Leaves Road and Him. By InitrH Press YORKVILLE. 0., Sept. 13—Floyd Doan's automobile upset in West Virginia. That wasn’t all. Doan landed right in a patch of poison ivy, and it infected him. John Reed Club to Meet An analysis of Upton Sinclair's career and the political situation on the west coast will be given by Mrs. Rae Aaronson at the Friday night forum of the John Reed Club tomorrow night at 318 Columbia Securities Building. Throat Infection Fatal By I nilctl Press ANDERSON. Ind.. Sept. 13—A ! contagious throat infection claimed its seventh victim in this vicinity late vesterdav with the death of Charles A Havden. 37. Pendleton.

EAST WASHI^^N^TREET^f

AMATEUR RADIO GROUP MEETS

Hears Address by Grunow Engineering Expert on Early History. The adventure and courageous experiments connected with the struggles and growth of amateur radio and international high frequency were related last night to amateur radio operators and Grunow- radio dealers and service men by Lieutenant Commander F. H. Schnell. U. S. N. The meeting was held at the Columbia Club. Commander Schnell is the operator who in 1925 sent the first transAtlantic high frequency message from the United States to be received in Europe. As the operator of amateur radio station W9UZ. he introduced the short wave communication to the navy shortly after the World war. Commander Schnell now' Is a member of the engineering staff of the General Household Utilities company, manufacturers of Grunow receivers. The naval officer last night related experiences on a tour of Australia on the U. S. S. Seattle. The primary purpose of the cruise to prove the value of short wave communications was demonstrated when a transmitter weighing only forty pounds and with 200 watts of power provided direct communications with Washington during the entire trip. The naval transmitter aboard the vessel, operating on low frequencies and with several thousands watts, could not duplicate the difficult radio feat. Commander Schnell said. Students’ Essay Published An essay, "Whistling in the Rain.” written bv Martha Esther, who was graduated from Technical high school in June. 1933. will be published in the ninth-year book of a series, Junior English for Everyday Use, now being prepared by the Charles E. Merrill Company, New l York.

OPEN TONIGHT Until 9 o'Clock

. Ilgg ITTPIAJATOLIS TOtES

CHEERS GREET MINTON NOTE TO LABOR PARLEY

Robinson’s Failure to Send Greeting Is Cause of Comment. (Continued From Page One) unusual, but he asserted “these are trying times and Mr. Minton is the man we need to back the President's labor program.” The convention here yesterday took official action to quash rumors that Governor Paul V. McNutt was not wanted as a speaker before the convention. These rumors met witn a vigorous denial by labor leaders, who described Governor McNutt as "the best executive Indiana ever had as far as organized labor is concerned.” To refute the rumors publicly, Thomas Taylor, state federation president, sent word to the Governor, asking him to address the convention today or tomorrow if the Governor can find time. Mr. Taylor's message to the Governor said the federation had realized the many problems confronting the chief executive of the state at this time and had triea to oe considerate of him by not making any demands upon it. Parade Held in Rain “However,” Mr. Taylor’s message to the Governor said, “w T e would be glad to have you address us any time today or tomorrow and would like to have you notify us immediately if it is possible for you to come here.” A sudden rain and wind storm yesterday failed to dampen the enthusiasm of the labor delegates and they turned out for one of the largest parades in the federation’s history. More than 750 women, representatives of a number of women's labor groups, joined in the parade which climaxed the first day of the convention. A wild demonstration greeted the president's address of Mr. Taylor who declared the workers themselves must force NRA compliance or face another serious economic situation. Federation Chief Cheered To the accompaniment of frequent bursts of applause. Mr. Taylor told the delegates they had met for the most important annual convention ever held in the history of the Indiana federation. “We must do something to relieve the critical unemployment condition now existing.” Mr. Taylor declared. “We’re not going to get results with NRA or any other regulatory plan unless the worker himself enforces it—not as an individual, but through the American Federation of Labor.” Similar views were expressed by William Collins, Detroit, who is the American federation representative in charge of the automotive industry organization. TECH SELECTS LIST OF STUDENT HELPERS Group Will Assist Health Nurse in First Aid Room. Student helpers for the coming semester as selected by Miss Rowena L. Harrison, nurse at Technical, high school, are Ruth Brown, Virginia Batten, Flossie Butler, Lucille Gerdts, Eloise Hashbarger, Betty Lu Klingman. Mildred Pavy and Regina Koch. Each of these girls has completed the National Red Cross course of home hygiene in preparation for her two daily class periods in the first aid room.

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The Coming American Boom a a a m m • m tt a By Major Lawrence L. B. Angas

(Continued From Page One)

the general scale of national demand. Each capitalist and worker took a purely parochial view, and no one saw the plan from the wide national standpoint. Additional complaints were levelled at the administration for the industrial dislocation caused by the codes. For instance, if a car manufacturer who was flooded with orders. could not get delivery of. say, speedometers, owing to the eighthour day in the accessory industry, and so could not give quick delivery of his'cars, he naturally complained that the NRA was foolishly ruining his business. Numerous other powerful interests have recently joined in this general attack. Wall Street, for instance. now is strongly against the NRA. because of Stock Exchange control. Orthodox bankers dislike the heavy increase in the government debt; they also dislike the dollar experiments. Lovers of freedom hate the President's plans; they object on principle to government regulation. nun IT is necessary, therefore, to try to explain in brief the underlying reasons for the various measures adopted by the administration, and to see them as a connected whole, rather than as merely reflecting a desire to interfere. America was taken off gold, not because she had an adverse international payment balance, or because her gold stocks were imperilled, but because a devalued exchange rate is a check to imports, a stimulus to exports, and by being (wrongly) regarded as inflationary, is psychological stimulus to a general rise in prices and trade. (Author's Note—An external fall in the value of a currency is not the same thing as an internal fall.) A federal plan of civil works (the civil works administration) was instituted and financed so that the unemployed could perform some useful work instead of merely receiving doles. Something in the nature of unemployment relief was at the time esesntial, not only on humane grounds, but because revolution was then widely threatened. Public works, financed by government borrowings, were instituted (a) because it is a method of absorbing idle public savings and of making them flow direct into industry, thereby increasing general employment and demand; and (b; because, in so far as the works are financed by borrowing from the banks, it leads to bank credit inflation. (Author’s Note—ls a government borrows check currency from the public and respends it, the volume of check currency in issue does not increase; its ownership merely changes hands. If, however, a government, or any one else, borrows from the banks, a so-called deposit is created by the banks and transferred by the government to public contractors, etc. In this way, whereas, government borrowing from the public is not inflationary, government borrowing from the banks is. This theory was widely disputed in the past, but is now accepted as a true, though irrational fact.) The President continued using the R. F. C. (Reconstruction Finance Corporation) established by Hoover so as to strenthen the finance of banks, insurance companies, railways, etc., and so as to help small business which could not raise public loans. He also instituted home loans for house repair in the hope of generally stimulating the building industry; and with the same end in view funds have been made available for housing. The joint total amounts to $2,000,000,000.

ROOSEVELT signed the agricultural adjustment act because relief and restriction were necessary. World super-abundance of crops existed in 1933. and restriction was necessary owing to the productivity of land having increased nearly 20 per cent in the last decade owing to the efficiency of artificial manures and modern farm machinery at a time when demand was not only diminishing owing to the disappearance of the horse, but could not be stimulated by lower wheat prices on account of the inelastic demands of the human stomach.

The theories of Major L. L. B. Angas, in “The Coming American Boom” are presented by The Indianapolis Times to its readers as a journalistic function of service. Publication of the series of ten articles written by the noted British economist does not imply an indorsement of his views by this newspaper.

Indeed, even if more wheat was sold to the east, nee would fall price and again undercut wheat. Even inflation would not completely cure the wheat problem, owing to the tendency of a heavily overproduced commodity always to fall in value to below average casts. Restriction therefore seemed essential, since the demand for wheat does not grow with general prosperity as is the case with mast other raw materials and manufactured commodities during a period of inflation. Relief for the farmers was also required, and help was given in respect of burdensome mortgages. (Nature, however, has now done the President's restrictive work for him. and largely wiped out the world’s marginal surplus of crops. This will be at the expense of America this year, but since it will restore the balance of bargaining power between world farmers and world manufacturers, the American balance of industry will be restored in 1535 and the country as a whole, especially farmers, will benefit.) To continue: Prohibition was abolished because illicit liquor traffic could not be prevented and was connived at widely by persons in authority, thus leading to the general undermining of public morality and to a ganster regime. The much attacked securities act aimed at preventing the exploitation of the public by unscrupulous financiers. Its initial schedules, it must be admitted, were rather too harsh, but the President was determined to prevent unscrupulous flotations. He was also anxious to convey to the public that he was determined to crush not only political chicanery but also financial gangsterdom as well. nan THE stock exchange bill seemed necessary 'a) so as to eliminate some unfair practices, and (b) in view of the experiences of the 1929 boom. Other things being equal, the administration’s general reflationary policy is bound to lead to much market speculation and it was naturally desired to prevent an outburst of speculative activity similar to that which led to the last boom and crash. In that boom about 80 per cent of all deals done on the Stock Exchange were purely for short run speculation and the working public

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became more interested in the market than in the dutiful performance of their daily tasks. To prevent a n&w outbreak of this harmful condition, it was decided to reduce the extent of margin dealing; it is apparent that such action was necessary. not after but before a wild boom had occurred. It is true that such regulations must reduce Stock Exchange turnover. and therefore make the government unpopular with brokers. But to eliminate the chances of an orgy of gambling is in the national interest. The silver bill was perhaps rather a political sop. and here the President (I think* displayed some element of weakness- But there are seven silver-producing states, which, although they have only small populations, send fourteen representatives to the senate, and this bloc exerts a powerful voting influence. A leader in Roosevelt's position has to adapt himsel* somewhat to his environment, and dare not, unless he is complete dictator, alienate any powerful interests unless it is unavoidable. He has therefore arranged a silver bill which enables him to expand the currency against silver reserves in addition to expanding it against gold holdings. The bill does little harm to the state, and is politically, no doubt, an advantage. The silverites arp reasonably pleased, for they as well as farmers and industrialists receive “something from the government.” As regards the gold program, several conflicting forces were in operation to sway the administrative mind. To effect a quick reflation of prices on a paper currency is probably easier than on gold, and certainly much more controllable. But since at the beginning of 1934 the treasury expected to have to effect $6,000,000,000 of government borrowing and $4,000,000,000 maturity refinancing by the end of June, 1934. it had to be careful to engender neither too great a distrust of the American currency nor too great a fear of rapidly rising interest rates and prices. Therefore, since by the end of 1933 prices had already been got sharply on the rise, it was doubtless concluded that to retie the dollar to gbld at a heavily devalued rate would stimulate capitalistic confidence in American money and make the NRA financing more easy. Meanwhile it was clear that if the gold basis for credit was widened enough the reflation could still be continued, unhampered by the restrictions normally caused by a limited supply of gold metal. TOMORROW Administration’s course in raising wages helps maintain effective consumer demand; and. without resort to much credit inflation, business and employment improve. (Copyright. 1934. bv Simon and Schuster, Inc.; distributed by United Feature Syndicate. Inc.i PAIR FACE GRAND JURY Man and Woman Held in Alleged Holdup After Hearing. Miss Alice Gott and Bu'-ns Sinclair, who are alleged to have robbed a motorist, after forcing him from his automobile, face grand jury action as the result of a hearing before Municipal Judge William Shaeffer yesterday. Otto Barker, 2342 North Dearbon street, is said to have been the victim of the alleged holdup.

PAGE 3

CITIZENS' GROUP READY YO BACK SCHOOL SLATE Campaign for Independent Board Opens Tomorrow With Dinner. Citizens school committee will open its campaign in support of its candidates for the school board tomorrow night with a dinner meeting of organization ward leaders at Holly Hock Hill, north of Indianapolis. The committee's candidates are Carl Wilde, Mrs. Mary D Ridge, Alan W. Boyd, John F. White and | Earl Buchanan. They will be guests of honor for the evening. The committee selected all members of the present school board, none of whom are seeking re-elec-tion. in the 1929 election. Chief business of the evening will be perfection of plans for an intensive city-wide campaign in support of the ticket. Ward leaders who will attend ares Mrs. Ed C. Baswell. Mrs. Jack Thurston. Roy Swartz. Mrs. M. E. Robbins. Frank Sisson. Mrs. F. B Kurtz, George Horst. Mrs. May Marquis, Edward F. New, Mrs. B. F. Dowden, Kenneth Loucks. Mrs. Badger Williamson. Robert Bryson Jr.. Mrs. M. H. Harmon. Howard W. Brady, Arthur Deary, Mrs. E. E. Eshbach, Robert Rarick. Mrs. Glenn Parrish, Hermar J. Sappington, Mrs. Jack Carter. Richard Carter. Mrs. Fred Krampe. Jesse F. Westmeier. Mrs. John Bell, John Bell, Mrs. F. W. Judd, Mrs. Ida Eckstein. Mrs. Austin Edwards. Louis A. Weiland, Mrs. Lee Roy Smith. Mrs. Robert Goodlet, Robert Goodlet, Mrs, Eugene Lentz. Mrs. Marvin Curie. Robert I. Blakeman, Mrs. Frank Gastineau, George O. Lehman. Mrs. R. D. Wangelin and John J. Haramv.

U. S. AGENTS CONTINUE MISSING GIRL SEARCH Family Still Not Worried Over Absence From Ranch. By f nitfrl Press PINEDALE. Wvo., Sept. 13—Department of justice agents and local authorities continued to search, without result today for Miss Virginia Ewing Gates, daughter of the president of the University of Pennsylvania, missing since Aug. 10 from the D. C. Bar Ranch forty miles from here. No clews to her whereabouts had been discovered, although Thomas S. Gates, former J. P. Morgan Sc Cos., partner, her father, said in Philadelphia her family was not worried over their failure to hear from her. LEGION CARD PARTY~ SET Benefit Program Is Aranged by Oaklandon Post. Service post No, 128, American Legion, will hold a benefit card party at 8 tomorrow night at Legion hall in Oaklandon. The committee in charge includes John F. Linder, Frad C. Duzen, Bradford B. Evans, Mrs. Cora Plummer, Mrs. Lulu Newheuse and Mrs. Emma Mock. Pocket Picked of S6O While drinking with a stranger in a downtown beer parlor, Ed Webb, 54. Colonial hotel, had his pocket picked of S6O last night, he informed police.