Indianapolis Times, Volume 46, Number 211, Indianapolis, Marion County, 12 January 1935 — Page 3

STAN. 12, 1935

ATTORNEYS FOR BRUNO WORRIED BY STATE CASE Outwardly Scoffing, Defense Counsel Is Known to Be Concerned. (Continued From Pane One) given letter “A" could have been made by only one individual. Other experts will take the letter ‘ N ’ and others will lecture on the letter 'X ." All these will contend that no one could have written the letters "A ” "N" and “X” of the ransom notes other than Hauptmann. Defense Coun?r,*l Worried A cheery little man who has been doing little of the thundering but more of the legal work for the defense. admitted today that Mr. Osborns testimony was a powerful; suggestion that Hauptmann may have had something to do with ihe extortion. He is Frederick A Pope, and he talked in more than ordinarily serious tones after Mr. Osborn stepped down from the stand. •We will be able to bring other experts." he said, “who can point out that our client could not possibly have written the notes, but the first man to impress the jury, the first man to have his day in couit, always is listened to with respect.” The defense appeared yesterday to have exploded a depth bomb in the state's contention that it had ; traced $49,600 of the $50,000 ransom money to Hauptmann. Decide “Bomb” is Harmless The prosecution, after a conference last night, decided the bomb was harmless. It said the testimony of Frank J. -Wilson, a special investigator for the Internal Revenue Department, in which he admitted that to his knowledge only $19,000 of the ransom money had been turned in to the United States Treasury Department, would be offset by other testimony using Hauptmann's bank accounts to show where the money went. This much the prosecution re- j Vealed. “Every bank in which Hauptmann's money was found—was in close proximity to the firm of Steiner. Rouse & Cos., where Hauptmann had his brokerage account, one of which was in the name of Anna Schoeffler, his wife. “Well put in Hauptman’s hands at least $49,600 which he can not | account for. and for which he will j have the testimony in his own figures.” the prosecution said. Lost S7OOO in Market It was known that Hauptmann has claimed, since his arrest, that he was earning a living through playing the stock market. It is also known that he actually lost ap- j proximately S7OOO in stock deals from March, 1932. to the time of | his arrest. He had several thou-: sand dollars in stocks, securities and bank deposits when he was arrested. And he had two mortgages, with a face value of $7500. which have been turned over to his various defense counsel, and which are even now the subject of litigation in New York courts. In addition to that, he says he gave Isidor Fisch, a consumptive friend with whom he was associated in the fur business. $7500 in cash as a loan—the loan which Fisch returned, according to Hauptmann's story, by leaving with him a shoe box full of Lindbergh ransom currency. Wilson hedged to some extent on his story yesterday, by saying that nobody could tell to a penny exactly how much of the ransom money actually was turned into the Treasury. Prosecution Holding Back The prosecution is holding back I some of the most vital parts of its I testimony. As the case stood today, at the j conclusion of the eighth day of trial —and always remembering that the defense has not yet submitted a witness in behalf of the holloweyed. flat-cheeked prisoner—the state had presented the following facts: 1. The kidnaping and murder of the child were proved by Col. j Charles A Lindbergh, his wife. Anne j Morrow Lindbergh, nursemaid Betty Gow. Mrs. Oliver Whatelv. widow of j the Lindbergh butler, and members of the police forces of Hopewell and New Jersey. 2. The passage of the ransom 1 money was proved by Col. Lind- j bergh. Dr. John F. Condon (Jafsie).j Al Reich tJafsie's bodyguard', and | Col. Henry C. Breckinridge, friend and legal adviser of Col. Lindbergh. 3. The innocence of Dr. Condon 1 was vigorously established by Col. Breckinridge. 4. Hauptmann was identified as a man "in a dirty green car.” seen with a ladder near the Hopewell home of the Lindberghs on the day of the kidnaping, by Amandus Hochmuth, 87. Identified by "Jafsie” 5. The former German machine gunner has been identified by fcJafsie" as the man who met him in Woodlanw Cemetery and bargained with him for the return of the child: received the package of ransom money from his hands in St. Raymonds Cemetery in the Bronx: told him he had been in the Lindbergh nursery on the night of the kidnaping and proved it by describing how the baby's bed was arranged. and how the blankets were fastened down with pins. 6. It has been proved, by a Newark police officer, that a man could climb into the Lindbergh nursery by means of the kidnap ladder found on the Lindbergh estate, which has not yet been admitted by the court as evidence. 7. It has been shown that the writer of th? ransom notes returned to the Lindberghs the baby's sleeping suit, a woolen garment to which thumb guards were attached by identifiable thread, and that he thus proved per sea connection with the kidnaping and hence the murder. 8 The world's most noted handwriting expert has compared the series of 14 ransom notes with specimens of Hauptmann's handwriting. obtained first through ordinary channels such as promissory notes and aplications for automobile licenses. and. second, through th? suggestion of New York and Newr Jersey police officials. He says they are the work of the same man- and that the man is Bruno Richard Hauptmann.

FIVE BUTLER SENIORS ARE ELECTED TO PHI KAPPA PHI

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Wright Cotton

‘NUISANCE LAW' REPEAL SOUGHT BY GOV. M'NUTT Industrial License Law Costs State, Chief Executive Says. The reference in Gov. Paul V. McNutt's message to the Indiana General Assembly concerning repeal of the so-cailed Industrial License Law- involves the repeal of a “nuisance law.” The Industrial License Law' was enacted in 1911 and amended in 1913 for the licensing of theaters, hotels and any employer who employed more than five workers. Motion picture theaters, for instance, were taxed from $1 to $lO annually on the basis of their seating capacities, the license fee going up by $1 at each jump of 100 from 100 to 1000. Hotels are assessed a room tax on the basis of their capacity. Thirtyroom hotels are charged SI and hotels with a capacity of 200 or more rooms are charged $lO. The scale on employers also ranges from $1 for persons employing five workers to $lO for employers with 500 persons on the pay roll. The measure never has been anything but a nuisance law, according to Gov. McNutt It has failed to produce revenue and actually has cost the state money in collection. The measure formerly was enforced by the State Industrial Board, but now is under the Gross Income Tax Division. Although chain store taxes virtually are industrial licenses, care will be taken not to Include them in the repeal measure to be drafted

MINISTER GETS 180-DAY TERM Pastor Sentenced t or Farm in Juvenile Court on Morals Charge. Herbert L. Alvey, 1509 Hoyt-av, pastor of the Pentecostal Jleasant-st Assembly Church, Pleasant and Spruce-sts, yesterday began serving 180 days at the Indiana State | Farm under a sentence imposed on 1 his Thursday by Russell Newgent, Juvenile Court referee. He was fined SSO. Alvey was convicted of contributing to child neglect. Several days ago he was adjudged to have alienated the affections of Mrs. Clyde Moore, a parishioner, from her husband. Clyde Moore, who was awarded a verdict of SIOOO. The state filed charges against Mrs. Moore of child neglect and against Alvey of contributing to child neglect, and both were convicted. Mrs. Moore will be sentenced today. During both trials, the court rooms were filled with women who were supposed by court attaches to have been members of Alveys Church. It was alleged in court that Alvey had he was delegated by God to “lay hands on the sick and heal them.” "Does that mean rubbing the legs of women?’ Referee Nugent shot at him. "No. not if there is any one around." Alvey said cautiously, j He recovered with "Or whether any one is or not.” MAKES ‘HEAVY WATER’ FOR $40,000 A QUART 50.000 Gallons Concentrated Into 50 by Professor. By I'nitrii Prtst EUGENE. Ore.. Jan. 12.—Water $40,000 a quart? It's water,’’ made at the University of Oregon by Prof. O. F. Stafford of the chemistry department, i Prof. Stafford concentarted 50.000 gallons of ordinary water to 50 gallons which were sent to the bureau of standards in Washington for final processing. Two years ago. when D2O. deuterium oxide or "heavy water." was discovered, a quart was worth $150,000. GRIDIRON TEAM STRIKES FOR INJURY EXPENSES High School Officials Break Walkout by Awarding No Letters. By ( tilled Pre s* LIBERTY. Tex.. Jan. 12.—Liberty High School football players are not free to strike because officials refused to bear expenses arising from gridiron injuries. The students tried it—so school officials decided not to award letters for the 1934 season. The strike was called c T and the basketball squad holds daily practice. Seeds Live 30 Years Few seeds of any field crop have been found to germinate after 30 years, and scientists account for the marvelous tales of ancient "mummy wheat” in Egypt sprouting by say*ir.g that the seed must have been recently placed in the tombs to aston- ' ish the gullible.

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Douglas Ewing

Mrs. Helen Hoover Moore, secretary of Phi Kappa Phi, highest scholastic honorary fraternity on the Butler University campus, has announced the election of five

Former ‘Greats’ Find Jobs With Assembly r Earl Crawford, One-Time Speaker, Is Parliamentarian and Right-Hand Man to Stein, His Successor

THE political mighty of other years are this year included among subordinate employes of the General Assembly. Dclph McKesson, Plymouth, for example. Democratic floor leader in the 1931 House, is this year's enrolling and engrossing clerk. Earl Craw'ford, Milton, last year’s Speaker, is this year’s House parliamentarian. A walking encyclopedia of procedural rules and state

laws, Mr. Crawford will be Speaker Edward H. Stein’s righ-hand man in the hand-to-hand parliamentary encounters with the minority. a a SPEAKER STEIN ascended the House rostrum after his election yesterday not without experience as presiding officers of the Lower House. In last year's session he was pro tern. Speaker for three days. a a a Physically largest House employe is Ralph L. Hitch, former Marion County chief deputy during the regime of Charles L. (Buck) Sumner. Mr. Hitch has been named House calendar clerk. THE veteran Republican legislator, James M. Kr.app (R., Hagerstown), named minority floor leader in the House, is counted by the Democratic majority to be one of the most astute members of the Lower House. He was the minority’s candidate for the Speakership and gracefully voted for his Democratic opponent, Speaker Stein, who returned the compliment. This is a traditional custom in Legislative bodies throughout the land. u a a Thursday afternoon was spent in setting up House offices. There appears to be no permanent equipment for the succeeding Legislatures. In the interests of economy, second-hand furniture has been installed. a a tt Robert Mythen. Printing Board clerk, who in February will go to Washirgton to become a Federal mediator, supervised equipping both Houses of the General Assembly with office supplies ranging from huge journals to equally huge rubber bands such as would delight the heart of any boy with David and Goliath ideas. o a MRS. ROBERTA WEST NICHOLSON, the House’s only woman member, was a member of the committee that escorted Gov. McNutt to the House chambers where he delivered his message. The Marion County woman Representative appears to enjoy her legislative work and is very much at ease. Mrs. Nicholson was named chairman of the insurance committee. a a it Flowers for decorating the rostrum during Gov. McNutt's address were late in arriving. Speaker Stein received the largest collection of blossoms. a a tt Senator Jacob Weiss (D., Indianapolis), president pro tern of the Senate, wore the only red necktie in the upper house, and in the afternoon added a red rose, which he wore in his lapel at a conference with Gov. McNutt. O tt a THE Governor was resplendant in full morning clothes for the joint meeting. Sartorially correct also was Wayne Coy, director the Governor's Commission on Unemployment Relief. a a Rep. Hardin S. Linke <D., Columbus), head of the House Ways and Means Committee, which will wrestle with finance legislation, enters the position equipped with the experience of a similar chairmanship a couple of years ago and comes fresh from the debates of the Governor's Commission on Tax Revision. n a Proposed taxation of Barrett Law bonds, securities issued to finance assessable improvements in local governmental units, has brought the largest separate lobby

THE INDIANAPOLIS TIMES

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Mildred Grayson

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seniors to the order. They are Barbara Baumgartner, Wright Cotton, Mary Frances Diggs, Douglas and Mildred Grayson, all of Indianapolis.

unit to the Statehouse. The “third House” is reported to be the largest in years. a a Pj?p. Balthasar Hoffman (D., Valparaiso), was the target for the wit of Rep. Martin J. Downey <D„ Hammond), during the Democratic caucus. When Ed Hoffman was elected Chief Door Keeper Rep. Downey wanted to know if Ed is Balthasar's son. The door keeper is not, but Rep. Hoffman has a son named Edward. PERRY ORDERED TO PAYALSMONY Wife to Get S2OOO Lump Sum; SIOOO Counsel Fee in 60 Days. Norman A. Perry, Indianapolis capitalist and sportsman who was sued recently for a divorce and $1,000,000 alimony, was ordered to pay his wife Mrs. Mae N. Perry, S2OOO alimony and SIOOO attorney fees within the next 60 days, by Special Judge Fred C. Gause in Superior Curt five yesterday afternoon. Mrs. Perry had filed an application for $2500 to be used in determining the whereabouts of her husband's assets, and SSOOO attorney 1 fees and SISOO a month support pending the trial of the divorce suit, filed Dec. 22. Mr. Perry testified that he owned a yacht in Florida, a $300,000 cottage at Culver, 10 saddle horses and a residence at Traders Point, Ind. He said he had not paid his wife any money since the suit was filed, but added that he had given her j SISOO about a week before. Mrs. Perry’s attorneys said a son, i who will share the support money, is in school in the east. Mr. Perry said he had made approximately $25,000 on his investments last year and Judge Gause refused to hear any testimony of his wife as to how Mr. Perry had spent it. 4 STATE CONGRESSMEN GET COMMITTEE POSTS Farley, Gray, pettingill and Griswold Assigned. By United Press WASHINGTON. Jan. 12—Important House committee assignments, made by the Committee on Committees and approved by the Democratic caucus, included four from the Indiana delegation. James I. Farley. 4th District, was assigned to the Banking and Currency Committee; Finly H. Gray, 10th District, to the Foreign Affairs Committee; Samuel Pettengill, 3rd District, to the Interstate and Foreign Commerce Committee, and Glenn Griswold. sth District, to the Labor Committee. SENATE MOURNS DEATH OF FORMER MEMBERS Resolutions of Regret Adopted on Passing of Three. Regret over the deaths of three former Senators since the 1933 session was voiced Thursday in the Senate by passage of three resolutions. The resolutions were in memory’ of Senators Michael M. Mahoney, Indianapolis: Jesse M. Ballard. Marion, and Jacob Cunningham. Kokomo. Senators Thomas Hendricks, Indianapolis, Edward C. Mays, Marion, and Dale Watson, Russiaville, respectively, introduced the resolutions. V

BILL AMENDING BANKING ACT IS REFOREJIOUSE Section Intended to Free Frozen Deposits Is Included. A bill amending and strengthening the Indiana Financial Institutions Act, based on changes which the year and a half of experience in operation of the department has indicated are needeed, was introduced yesterday in the House of the Indiana General Assembly. One section of amendments in the bill is designed to make possible reorganization of certain banks nowrestricted, thereby releasing to depositors in certain Indiana communities between $2,000,000 and $3,000,000 of funds now “frozen.” The bill also would eliminate certain provisions of the present law which prevent state banks, trust companies and building and loan associations from making loans and from utilizing other features of the National Housing Act. One of the major amendments is one prohibiting any person, firm or corporation, other than bank or trust company, from using the word “bank” as a part of its name or “to advertise to represent himself or itself to the public as a bank or trust company or as affording the services or performing the duties which by law a bank or trust company only is entitled to afford and perform.” Building and Loan Section Another important section provides for regulation of paying withdrawals in building and loan associations. Features of this section include: 1. That a building and loan association may not pay any amount in excess of SIOO a month a person without notice. 2. The required notice Is reduced from 90 days to 30 days. 3. That an association unable to meet demands of all shareholders who have given notice may not pay any individual shareholder more than SSOO in one month and that notice for future withdrawals must be returned to the bottom of the list and such withdrawing shareholder can not receive any further funds until his name is reached by the consecutive payment of all notices on file. 4. That associations shall set aside at least one-half of all funds received, exclusive of borrowed money and operating expense, for the purpose of meeting demands of withdrawing members when all such demands can not be met in full. Prevents Large Withdrawals These amendments are designed to prevent building and loan associations from holding out hope to shareholders that funds are demand funds and may be withdrawn at any time and thereby deceive unsuspecting investors as to the true nature of their investments. Also, it makes it impossible for certain favored shareholders to withdraw large sums. The department hopes that if the public is properly educated to the fact that such money is invested in long -time investments and can not be alw'ays readily available, that panic can not develop to the extent it has developed in periods of crises in the past. The amendment would bind all depositors, creditors or shareholders to a plan of reorganization approved by 75 per cent of the depositors, creditors or shareholders; gives the State Banking Department exclusive right to enforce individual liability imposed by law on shareholders of banks and trust companies, prohibits directors from pledging their qualifying shares to any institution, permits the banking department to regulate the rate of interest paid by any mutual savings bank or building and loan association, permits banks to buy any securities issued by any Federal agency, and gives banks the right to make loans to a closed bank being liquidated. One section provides that at any time a member of a building and loan association has received credit for a full share or any multiple thereof, the associaion shall apply such share to the principal reduction of the member’s loan, thus reducing not only the loan principle but also the amount of interest. Numerous other technical changes are provided as result of omissions in the original act.

CHARGE CONSPIRACY TOIO MOVIE FIRMS Warner Brother Chief Is Among Six Indicted. By United Press ST. LOUIS. Mo., Jan. 12.—Ten motion picture companies, and six executives of those firms, were indicted by a Federal Grand Jury yesterday afternoon on charges of “unlawfully engaging in a conspiracy in restraint of trade.” The indictments grew out of charges of Allen Snyder, independent exhibitor, that he was unable to obtain first run motion pictures from Warner Bros. Pictures, Inc., because of alleged agreements of Warner with others of the so-called “Big Five” of the industry. Harry M. Warner, president of Warner Bros., was among those indicted. STATE RECOVERY ACT NOW BEING PREPARED Bill Supplementing NRA Codes to Be Offered Monday. Technical details of a state recovery act, under which the Governor may appiove and enforce codes of fair competition, today were being worked out in anticipation of the introduction of the measure in the General Assembly, probably Monday. Such an act, recommended by business groups and approved by Gov. Paul V. McNutt in his message to the Legislature, would provide state agencies to supplement Federal NRA enforcement. Other states have adopted bills setting up machinery for co-operat-ing with the National Recovery Administration in the enforcement of commercial and industrial codes.

Max Baer Knocked Cold by Cupid —This Time It’s An Indiana Beauty

Betty Dumbris Can Lead Champ Down Aisle Any Moment. St/ United PresCHICAGO, Jan. 12— Max Baer can take a punch on the chin, but he’s a sucker for a beautiful girl. The heavyweight champion has been knocked out again by Cupid. His new girl is Betty Dumbris. former Ziegfeld Follies showgirl who is now under contract to appear in pictures for Hal Roach. Betty hails from Anderson. Ind. In 1928 she was “Miss Indiana.” A week ago Max was telephoning frantically from Detroit to Chicago to find out her whereabouts. He is ready to walk down the aisle with her any time she can get a divorce from her estranged husband, Murray Mayer of New York, according to the champion's intimates. Baer has been in and out of love almost continually since he grew up. His first love was Olive Beck, the Livermore (Cal.) waitress. He hold her he loved her, and put it in writing, too, and that cost him a nice piece of change when he got in the money. She sued him for breach of promise, and he settled out of court. “I was just a green country boy then.” said Baer recently. “I didn't know any better.” tt tt tr THERE were a lot of other girls and then came Dorothy Dunbar. He met her before a fight in Reno, New, and almost proposed from the ring. They were married in Reno and later divorced. Some say Baer still loves her. There is no disputing that she left an impression She taught Baer how to talk, how to act and how to conduct himself in smart company. His next violent flame was June Knight, musical comedy singer. That affair reached its height before his bout with Max Schmeling. In between there were a lot of other girls, and a couple of them went to see their lawyers about Max's attentions. Two of them, Bee Starr and Shii'ley La Bell, instituted breach of promise suits. Max contends he never saw either Miss Starr or Miss La Bell. Miss Starr was a circus aerialist, and Max’s comment on her is: “Can you imagine me going for a ‘girl on the flying trapeze’?” The champion says he never heard of Miss La Bell until his lawyers advised him he was involved in another breach of promise suit. “You know this breach of promise stuff may be funny to some folks,” said Baer, “but not to me. It cost me over SIO,OOO last year for lawyers.” n a AN angle that Baer resents even more than the money women have cost him is the fact that it makes him appear in a bad public light.

Rural Site Favored for County Detention Home Farms Taken Over on Loan Forfeitures Suggested by Charles Grossart for Juvenile Institution. A Juvenile Detention Home designed on the cottage type plan and located in suburban or rural district was advocated today by Charles A. Gossart, Marion County auditor, and secretary ex-officio of both the County Council and the County Commissioners.

Mr. Grossart said that the County now had approximately 30 small farms in the county which had been taken over hecause of forfeiture on school fund loans, any one of which might be suitable for a detention home. For the Juvenile Court and Administrative offices of the detention home, Mr. Grossart suggested renting a floor in a downtown office building. “I am opposed to any detention home site in the down-town area, because the children need fresh air and adequate grounds for play,” Mr. Gossart said. “There is no change of environment when a child is brought from a tenement home and then placect in the crowded down-town detention home. HEAVY RUN OF EELS FILLS ESKIMO LARDERS ————— Alaskan Indians Also Well Supplied With Food for Winter. By United Press NOME, Alaska. Jan. 12.—Alaskan Indians and Eskimos are well-sup-plied with winter food for men and dogs, following one of the greatest runs of eels ever seen in the Yukon River. Tens of millions of the eels forced their way up the stream, under the first thin coating of ice. Natives camped along the great river near Russian Mission and scooped them out wuth improvised nets. Some were smoked to preserve them, others, frozen solid by low northern temperatures, will keep through the winter. The run lasted for nearly six weeks. Most white Alaskans scorn eels as an inferior type of fish, but their flesh is relished by natives. SILVER, CURRENT MAY PRESERVE FRUIT JUICES Study of Combination Reported at Bacteriologists’ Session. By Science Service CHICAGO, Jan. 12.—A study of a combination of silver and electricity to preserve fruit juices such as cider and grape juice is being made by Lawrence H. James and E. A. Beavens of the United States Bureau of Chemistry and Soils and was reported to the Society of American Bacteriologists here. The method is similar to the sterilization of water in swimming pools by the use of colloidal silver. A small electric current is passed through the solution, which forces the silver into the juice so that when enough silver is present, it fermentation of the fruit juices.’ Kid Is Arrested By United Press ROCKLAND, Mass., Jan. 12—A kid was “arrested” after it was found wandering along a street. Police Chief George Popp locked the goat in a cell until its owner claimed it

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Betty Dumbris . . . Has Max Groggy

“People who don’t know me think that all I try to do is break some girl’s heart and then forget all about her,” Baer commented. “I like girls, but I try to conduct myself around them just like any one else. I can’t get over the fact that girls I’ve never seen start breach of promise suits against me.” Baer's smile has broken more than one girl’s heart, despite the champion's words. After his exhibition against Babe Hunt in Detroit last week more than a dozen girls waited around his hotel room door just for a glimpse of him —a word or a smi’e. It's that way wherever he goes. Society women cater to him, and more than one prominent socialite in New York, Chicago or California has bid for his attention. At least one Chicago heiress plans to go to Florida just to him in a couple of exhibition bouts the latter part of this month.

The unfortunate children need an environment in which they can better their situation,” he said. The cottage type plan, which Mr. Grossart suggested, would provide for the construction of several small cottages. Although there would be expense of paying for guards at a suburban detention home, Mr. Grossart said that in his opinion society would be repaid for reason that such quarters would present a crime deterrent atmosphere. Dow Vorh ie s, commissioners’ president, soon will appoint a committee to study sites for anew detention home.

They’re Hurrying to the TUSCANY ROOM Hotel Lincoln .. a fine lunch for fS 40c W Social Hours 3 to 6 and 9 to Midnight

Real Estate Mortgages WE SOLICIT APPLICATIONS FOR FIRST MORTGAGE LOANS ON PREFERRED INDIANAPOLIS PROPERTY. INTEREST RATE 6%. NO COMMISSION. THE INDIANA TRUST ~‘7.7,, sXV T £ $2,000,000.00 THE OLDEST TRUST COMPANY IN INDIANA

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LAFOLLETTE, ! OLSON, KINGFISH EYE PRESIDENCY Leaders of Parties to Left of New Deal Await 1936 Call. BY LYLE C. WILSON United Tress Staff Correspondent (Copyright, 1935. by United Press) WASHINGTON. Jan. 12—Opposition to President Roosevelt in the 1936 election may come from any of three political parties which t,re developing radical programs to the left of the New Deal. Senator Robert M. La Follette, Progressive, Wisconsin. Gov. Floyd B. Olson, FarmerLabor. Minnesota. 1 Senator Huey P Long, radical Democrat, Louisiana. Long has definitely broken with the Administration after months of bickering. He generally is considered to be a candidate for nomination for President one year from | next June. His personal and political affairs are being arranged for the prospective campaign. Gov. Olson and Senator La Follette are more cautious. The Governor has just been inaugurated for another term to which he was elected on a platform which in the ; preamble proposed that capitalism j be abolished in favor of an economic ; program founded upon Socialism. He lacks majority in both Houses of the Legislature. Federal Ownership Proposed The Farmer-Labor program projects a co-operative commonwealth founded upon socialization of industry. It proposes Government ownership of banks, utilities, insurance companies, and social legislation. Gov. Olson concedes the economic system projected in Minnesota practically would eliminate the incentive to private profit. But he is not yet committing himself to oppose the New Deal. “The possibility of a third party movement depends on what President Roosevelt does,” Gov. Olson told the United Press in an interview just after the New' Deal election last November. “People expect him to deliver. If he and the Democrats don’t, the people will take some other means. “I predict an agrarian revolt— a political revolt—in two years (that would be a presidential year) if Mr. Roosevelt fails to give the farmers some kind of equality—parity, cost of production, price fixing, call it what you will.” La Follette Bides Time Senator La Follette is keeping himself in a strategic position where he can buck the New Deal or back it in 1936. He and his brother, Gov. Phil La Follette, organized the Progressive party last year and won the state. Their platform goes beyond the New Deal on some major issues, as follows: 1. Spend $10,000,000,000 or more to provide a job for every person not employed by private initiative. 2. Control credit through a central bank. 2 Government ownership of railroads. 4. Government ownership of the munitions industry. 5. Immediate cash payment of the war veterans’ bonus. The Progressives are nearest of the three to the New Deal. Senator Loiig presented his “share the wealth” plan this week to a national audience. He sought national support for it as opposed to the New Deal. It includes a capital levy; a limit of $1,000,000 on annual income to any individual; a home, automobile and radio for every family; guaranteed employment; assured education; old age pensions; and a debt moratorium. RADIO PERMIT DENIED Application of Hoosier Broadcasting Concern Is Rejected. The Federal Radio Commission has dismissed the application of Hoosier Broadcasting, Inc,, for permission to locate a station in Indianapolis, the Rev. Morris H. Coers, pastor of the Thirty-Frst Street Baptist Church and a director of the concern, announced today.