Indianapolis Times, Volume 46, Number 125, Indianapolis, Marion County, 4 October 1934 — Page 10

PAGE 10

‘MONEY MAGIC' I CAN NOT LAST, WALLACE SAYS Roosevelt Fiscal Policy Only Temporary, Secretary’s Book Reveals. By United Prrtt WASHINGTON, Oct. 4 —Stop kidding yourselves ” In those words Henry A. Wallace, secretary of agriculture, today warned the American people that the Roosevelt monetary policy is; temporary money magic. “It can not last indefinitely, ’* the ' secretary wrote in his book. "New j

Frontiers,” just i off the press. He said dollar devaluation was a necessary and desirable expedient. Secretary Wallace believes it tremendously has aided producers of exportable goods, p a r t c u 1 arly farmers. "B u t raising the price of gold in the United States will not serve permanently to

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Henry Wallace

restore foreign purchasing power for our surplus farm products,” he continued. "To solve that we either have to import more physical goods from abroad or else stop producing so much for export. "President Roosevelt's monetary policy undoubtedly has helped enormously the producers of those products which are on the export markets. France is paying about twice as much for cotton in terms of dollars as she did early in 1933 but she is only paying about 20 per cent more in terms of French gold francs. Temporary Money Magic “All this, of course, is temporary money magic; it can not last indefinitely. First one nation and then another can do this kind of thing and benefit from it temporarily.” Mr. Wallace believes fictitious money-magic markets can be maintained for several years. But ultimately the people must face the fundamental problems of tariffs, trade and surpluses. Discarding the isolationist policy of producing only what we can consume, Mr. Wallace proposes restoration of foreign markets by: 1. Long continuance of AAA crop control to keep 20,000,000 to 30,000,000 acres idle. , 2. Effectuation of the reciprocal tariff plan in which congress authorized Mr. Roosevelt to do some “Yankee trading” with foreign nations. Sounds Inflation Warning He believes tariffs must come down to create in the United States a market for the goods of countries which buy our goods. Mr. Wallace warned against uncontrolled inflation as a path to ruin and dictatorship. But he defended a government’s right to readjust monetary values short of the issue of paper money. The book in part is a reply to former president Hoover’s "The Challenge to Liberty.” Os liberty, Wallace says: "We can, if we choose, look backward with longing to the old kind of liberty, which more often was license for the few and economic serfdom for the family. I prefer to look forward to the full realization of the kind of government of the people for which Lincoln strove.” PICKETING PROCEEDS AT GEORGIA PLANTS 500 Heavily-Armed Troopers Guard Stove Foundries. By United Prcta ROME. Ga„ Oct. 4.—Under the watchful eyes of 500 heavily armed Georgia national guardsmen, ' peacefuU’’ picketing proceeded at four strike-closed stove foundries here today. Three pickets to each plant were allowed by the troops, who arrived yesterday after local authorities reported conditions had passed beyond their control. Adjutant-Gen-eral Lfndley W. Camp, commanding the guardsmen, said the military would remain "until all signs of trouble disappear.”

faflCßaby G>™es) lipllr Tarn tka Montkt of wuti*f I into mm and comfort wrOU can now avoid / I unnecessary pain and after regrets by preI paring your body for iOB that dear babv.s coming. i A massage medium and skin lubricant, called Mother's Friend, helps to lieV* and prevent skin tightness . . . abdominal tissue breaks . . . dry skin . . . caked breasts . . . after delivery wrinkles. Mother’s Friend refreshes and tones the skin, tissues and muscles. It makes them supple, pliant and elastic. It is scientific in composition—composed of especial oils and highly benerteial ingredients— externally applied —pure and safe. Quickly absorbed. Delightful to use. Highly rraised by users, many doctors and nurses. Time-tested for over 60 years. Millions of bottles sold. Try it tonight. Just ask any dniggiat for Mother's Friend. The Bradfleld co., Atlanta, Ga. Mother’s Friend ■leiisDi the

Tabes Tested Free! Ilswj; DEE JEWELRY CO. IS N. ILLINOIS ST. ..t. laypeol Hotel Bldg.

20-MONTHS TO PAY! Chicago Jewelry Cos. Opposite Courthouse. Est. 40 Tears 203 E. Washington. LI-8603.

RIVALS IN COLORADO GOVERNOR RACE

• 1

Nate C. Warren

Choice of Colorado Republicans to thwart re-election hopes of Governor E. C. Johnson is Nata C. Warren, nominated as the G. O. P. standard bearer. Johnson, long prominent in Colorado politics, defeated Josephine Roche, famous woman coal mine owner, for the Democratic nomination in the recent primary.

—ter the Canbcm ut ycul cal this 7Ung-fnee fttaiantee means When your car loses its pep and punch.. .when But remember: carbon or no carbon, Ringit labors on the straight-away and goes weak free will register an immediate improvement \ \ on the hills... when it leaves a trail of smoky in motor-performance! Your car will show a■//.. , e \\\ rJ°k payms tnbUte t 0 the Black :ZI:T wM* be faster on XISL?Yo wUI Your car is suffering from piston-paralysis. s°avi mottr repair? 4 M It is carbon-crippled. It is paying the price of . - , n .. r . % aC . ' -rbeiv 4 ' i v n\p f0 ,Vve*' e *' ° "old fashioned” carbon-forming oils...either You ask: How does Ring-free do a t is, \ v c yV/ B(^is ' 9 ° S^e^° re .o the hard, ilint-like carbon deposited by paras- and do it so fast. Here s how: / \ \ o oeV 1 * • 60 ** \!vm fine base oils or the sticky, choking carbon Ring-free starts immediately to reduce fric- ■—Mm •- c, " oH m formed by asphalt base oils. tion in your motor .. . thus reducing motor A e a' et _ 4”*' .. V**°. Q . \ \ Result? The piston ring, ar. stuck, frozen ordi- ffMnMB J, ’lgtfTTfr g£ stick. Spark plugs are fouled. The power-plant What's more, Ring-free does not say so just sa*'' h . /h gets wheezy. Roth gasoline and oil are wasted. with heated words. It says so with cold cash! pouredinto thecrankcase carbon is doomed! Csn any thing be plsitur than the MotorOifthbuniquequality ®‘ V * Ri ” B " fre * testfn^Rtog-free• •• carbon may cause temporary over-consumptiont Aa QUART/ third fill, however, the piston rings are clean and free! (That’s why we ? yly'* 0 ” call it "Ring-free.”) Carbon knocks are gone! New-car performance if back! And Ring-free is ready to give you that 10% to 40% oil-saving! service stations, gar- be * greater 011 to accom P lls h P )IT ' J q dealers mese results. rjMr. Schott was all smiles w hen approached by the ||gagp / Ring-free representative. “Certainly I feel good,*’ //# ** he asserted. “Look at the modern lines and per- dmg or-, formance records of these new 1935 Auburns just MACMILLAN from the gwn| ■■ ________ ___ mm answered the Ring-free man/ “Why not test our hj||||flj| RI mm 1® _ER E E claims for Rinß ' free? " Mr ' Scholt agreed ' seice Mana s er Car| Haa ® ' mrmT' RE R Ryu E fpSl Hi Rl The car selected for the test was an Auburn Proudly Displays New (935 AUDUm I Vn m&surn 4-door sedan. Motor Xo. 66,213. that had been Results: 1 Miles greater top speed and 4 . PVp-- driven 3.806 miles. Mr. Schott called in Carl Haas, io. J feet quicker acceleration showed that his service manager, to conduct the test. With a 10 horsepower was added. After the tests . _ _ nationally-known oil in the motor, the car was run Carl Haas said. “The engine ran much M Wk M fiiPfß Wm VV ■ ■ through a series of tests on U. S. Highway No. 31. smoother. The feel at the wheel was en- -* JB vi§§, U ■■ ■ m Then. Ring-free was put in the motor and the test tirely different. It is apparent that fric- jsH P ll BjP ■HB repeated over the same course. tion was reduced and compression improved.” "

*■ W9m? 9 ! I h ■' Mr ... \ i

E. C. Johnson

THE INDIANAPOLIS TIMES

LEGION POSTS TO JOIN CITY HOUSING DRIVE Veterans to Aid C. of C. in Modernization Campaign. Post commanders of the Twelfth district. American Lepion auxiliary, will meet tonight with Indianapolis Chamber of Commerce property modernization campaign officials to push the home repair drive as a patriotic measure. Walter B. Harding, Chamber campaign director, announced today. The downtown information bureau of the modernization program was opened yesterday in the Denison parking plaza at Pennsylvania and Ohio streets under the supervision ol Carl' Schmid and Earl C. Deal of the Chamber housing bureau staff, and Art Evans of the Construction League of Indianapolis. The office will be open from 9 a. m. until 8 p. m. Across the street from the pla-za on the Federal build-

ing lawn the bureau will construct its exhibition house. The house will be opened first in a state of disrepair and then closed for repairs, after which it will be reopened. A state-wide meeting of industrialists conducted by the federal housing administration will be held next Thursday in the Claypool. Builders to Elect Candidates for officers of the Indianapolis Home Builders’ Association will be voted on at a meeting, Oct. 24. candidates are Norris P. Shelby and Walter C. Kelly, president; Carl Lindemann and Dan W. Le Gore, vice-president; Clyde E. Pike and Joseph Klee, secretary; Harvey Rogers and Arthur Rentsch, treasurer; Thomas E. Grinslade, Fred L. Palmer, William L. Bridges and Frank E. Woolling, directors. Only two directors will be named. At a meeting last night in the Washington anew framework for financing home construction was urged by H. L. Seegar, local contractor.

mma rliv pain inOKf minwta; and ihaa pratura; hol f ndar iai) tcrMy tooaw oad

M’NUTT FAVORS TAX LAWSTUDY Commission to Be Named to Recommend Gross Income Changes. Appointment of a group of representative citizens and legislators to make recommendations to the The Sunshine Vitamin in Delicious Form +M Vitamin “D ff Gum Gives you Vitamin “D” in most delicious, effective form. Rarely found in every day foods. Children must have it to build strong bones. Adults need it to fight tooth decay. 5c everywhere.

1935 Legislature on possible changes > in the gross income tax law. is proposed by Governor Paul V. McNutt. | The Governor said the group would be chosen immediately after the November election and thus would have time for plenty of study in order to bring in recommendations to the Legislature in January. Cognizant, he said, that many groups have objections to the gross income tax law and have made suggestions for change, the Governor feels that a clearing house for ideas is necessary. Representation on the study Lowest Prices Now Prevailing on Our Entire Stock Os Furniture,. Rugs and Draperies. SANDER & RECKER Furniture Cos. Meridian and Maryland

.OCT. 4, 1934

group will be by selection from such groups as merchants, manufacturers, farmers, labor, real estate men, professional men and others. The legislators will be appointed by the Governor.

If you tire easilywhy not reason out the cause of this unnatural condition? Your first thought may he. "I must rat more.” That’s not all. ou should enjoy you do eat. Frequently, the blood cells are low ... and this, perhaps, is what make* you feel weak. If this is your trouble the stomach may not be calling for sufficient food. Zest to eat may be lacking. But what a difference S.S.S. makes when taken just before meals. Just try it and notice how your appetite and digestion improve. S.S.S. stimulates the flow of gastric juices and also supplies the precious mineral elements so necessary in blood-cell and hcmo-glo-bin up-building. Do try it. It may be the rainbow you need to brush away present discouragement OTer your health condition. tDo not be blinded by the effort* of a few uaethieal dealers who may suggest substitutes. You have a right to insist that S.S.S. be supplied you on request. Its long years of preference is your guarantee, of satisfaction. world's great blood