Indianapolis Times, Volume 46, Number 225, Indianapolis, Marion County, 29 January 1935 — Page 18

PAGE 18

FARM RELIEF DEMANDED BY TINY MINORITY Only One Twenty-Sixth of Total Cried Loudest for Federal Aid. Editor'* Note—This Is ’he firth of * series of six articles on the farmer and the credit situauon. BY COLIN F. WILLIAMS Times Special Writer With increased war-time revenues we find the growth of the American farm developing apace. We see the acceptance ol the tractor and the multitude of motorized mechanisms by the farmer. The radio came and daily, almost hourly, his fireside was besieged by the hook-ups to buy this and that. Planned programs ot discontent with his lot was sent from every store that had something to sell to the farmer. I have heard them, so have you His sons were taker ")ff the land and paid $5 a day and came back to tell dad that he was a stick-in-the-mud. Dad then nad to pay common labor $5 a day to shuck corn. He had to have roads to run his new toys on so his taxes were increased to provide them He had to have a better school system to develop the new thought so bigger and better schools were added to his burden. Circle of Debts Created It was no longer fashionable to take the products of the land and eat them. They had to be processed by someone else. A bushel of wheat went out at $1 and came back on a perambulating grocery valued ** $4. It was shot in the air and rolled out thin and butter crusted to a queen’s taste but it cost money. The only thing the farmer could hope for from the increased tariff was that his sons could get enough more education out of the new system to eventually pay off the mounting debt. Debt, that was the word. Debt for things that would wear out long before they were paid for; debt for fuel for motors that had to be bought away from the land in place of forage for horses that could be picked out of the stalk fields. Debts for specialized medical services in far away hospitals brought close to the barn yards by luxurious ambulance cars Debts to set sons up in the business of running garages in the npxt town or county. Debts to pay notes that were indorsed to obtain money for someone else who reeded it tc get something he did not need. New Task Taken I saw it all and waited for the climax. It was not written that the land could pay for it. The land could supply a good living. It could keep a family in peace and comfort for generation after generation if it was clear of a pledge. It could even keep a family if pledged a little as had been the custom prior to 1914, but no land had yet been plowed that would bear the burden of fictitious loan values however they were placed there. In that m effect the practice was no different from watering the

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Hoosier Editors to Hear Veteran Newspaper Man

Thomas Temple Hoyne to Address Session Here Feb. 8. Scheduled a' the principal speaker Friday. Feb. 8 at the first annual convention banquet of the Hoosier State Press Association, Thomas Temple Hoyne. veteran newspaper man and Comptroller of United States Customs for the Chicago district. will discuss government and finance as related to newspapers. Mr Hoyne. who has been in newspaper work 35 years, is the author of five books and in addition to Ins present governmental duties serves as financial editor of the Chicago Herald and Examiner. He also conducts a weekly radio broadcast: ' Ten Minutes of Finance." The session will come to a close Saturday night, Feb. 9. when Republican members of the association will have their annual banquet at the Columbia Club and Democratic members meet at the Claypool. The Indiana Republican Association will be addressed by United States Senator L. J. Dickinson, lowa, arch-foe of the New Deal. Gov. Paul V. McNutt will be the principal speaker at the Indiana Democratic Editorial Association banquet. Attendance at the Democratic banquet will be limited to 1000 according to Frank Finny, association president. Indiana's two United

stocks of corporations in anticipation that such a practice would permit of a Derennial fictitious value and a perennial fictitious income. The days of payment arrived. They always do. A five-year loan comes due very fast; even a 10-year loan matures. The cymbal dashers who engineered the big loans through the Federal government now listened attentively for a post depression rumble to embrace and found it in the farmers’ lack of income. Something had to be done about that. The investment savings of 57.000.000 American people had gone into life insurance. It was a backlog of American thrift that some day would take these out of the ranks of the shiftless and dependent ones and provide that they would not become a charge on the tax-paying public. It is not strange that nearly all the farmers who had kept themselves out of debt through the boom era had provided themselves with insurance protection. They would do that very thing, as it was a part of their foresight. It is also a significant and littleknown fact that 51 per cent of all the American farmers had kept themselves out of debt, while 49 per cent were in the borrowing class, but event 29 per cent of these borrowers had managed to be temperate about their borrowing. Only 20 per cent of the borrowers had overreached their ability to pay back what they borrowed. A step further in this analysis, taken from the last published reports of our paternal government that loses sight of nothing at all. brings out figures to show that out of this last-named 20 per cent, only 9 per cent had so far over-reached their ability to handle credit as to lose their pledge. This 9 per cent

Thomas Temple Hoyne

States Senators. Frederick Van Nuys and Sherman Minton, are expected to be present and are listed as speakers. A dance will follow.

constituted the squeaking wheel that was making all the noise. This 9 per cent was but more than 5 per cent of all the American farmers encumbered and unencumbered and only one-half of 1 per cent of the population of the United States. But they were caught like a pig in a fence and no one in politics could ignore the noise. This unfortunate quantum of humanity whose vested rights in the nation bear the weight of proportionate attention as the figure 1 does to 26. have now come forth and have demanded of the commonwealth such radical attention as set up in the new' bankruptcy acts. T IS TO GIVE MUSICAL Two Plays Also to Be Feature of Entertainment Tonight. Members of the Y. M. C. A. and their guests will be entertained at 7:45 tonight with a variety program at the association building. Tw'o plays and musical selections will be featured on the program, which will be directed by Mrs. Fred Stucky. Cardui for Girls in ’Teens Because of the benefit it has been to them, many mothers give Cardui to their daughters on their reaching young womanhood . . . “When I was a girl at home.” writes Mrs. Bernice Hollen, of French Lick. Ind.. “I was very irregular. At times, the blood would seem to rush to my head an'd my nose w'ould bleed. My mother had taken Cardui and it had helped her. so she gave it to me. My nose quit bleeding and I w'as regular. Since I have been married I have felt a great deal better after taking Cardui.” ... If Cardui does not benefit YOU, consult a physician. —Advertisement.

THE INDIANAPOLIS TIMES

MR. GREENLEE IS IN A LATHER --OVERA BILL! He’s Snaking With Rage Is Pleasant Emery: Yes, That's His Name. Mention to Mr. Pleasant Emery Greenlee a certain bill that is pending in the Indiana state Senate and Mr. Greenlee will register various emotions, running the gamut from apoplexy to scorn, with a few assorted shades of indignation tossed in for good measure. That certain bill is the Albright-Webb-Swihart bill and it needs no mastery of the art of deduction to see that the bill is aimed directly at administration officials, notably Mr. Pleasant Emery Greenlee, who had something to do with running the last state senatorial convention. Os course, Mr. Greenlee, who is Gov. Paul V. McNutt’s patronage dispenser, will tell you that the will of the people was expressed when Sherman Minton was elected United States Senator, but a great many people will tell you that Mr. Greenlee gave the will of the people a gentle shove when it appeared the people’s will wasn't being expressed in just exactly the right direction. It Goes Farther. Too But to get back to Mr. Greenlee and the Senate bill which is giving him such a case of galloping indignation. The bill would prevent any Federal, state, county, township, city, town or school corporation officer or employe from being a delegate to a state convention. But wait. It goes farther than that. As an additional curb on what the authors obviously regard as machine rule of conventions, the bill prevents relatives up to second cousins of any officer or employe in any of the executive or administrative departments of the state government from befng a delegate. The general opinion of the bill is that it’s pretty far-reaching. Mr.

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Greenlee joins in the general opinion. “And then people talk about the state administration being a dictatorship." says Mr. Greenlee scornfully. A snort of grade A proportions emanates from Mr. Greenlee when he considers the possibility of his second cousin not being allowed to run for delegate to a state convention. ‘lt’s Unconstitutional" “Why. why, it's unconstitutional," spluttered Mr. Greenlee. Your correspondent, knowing and liking Mr. Greenlee for his many amiable qualities, was afraid any attempt to get any more of his reactions to the bill might produce apoplexy, refrained from further questioning, but Mr. Greenlee was heard to mutter: “Talk about dictatorship! Humph!”

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: Janet Curolav 917 N Hamilton-av. Nash coach. 113-349. from in front of Manual Training High School.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Bohannon & Morrison. Ford coupe, found in a garage at 1041 E. Michiganst. W. G Dorsett. 1630 Sharon-av, Ford coupe, found at 114 S. Neal-st. Vincent Stefifins. 916 Woodlawn-av. Ford coach found at Churchman-av and Rav-mon-st. automobile wrecked United Cab Cos. United Cab No. 51. found at Clinton. Ind. Carl E. Wood. 4805 Carrollton-av. Ford coach, found at 2527 Broadway. Jewett sedan, no license plates no certificate of title, no motor number, found at 20th and Illinois-sts. William Heather. 339 S. Keystone-av. Oldsmobile coupe, found at Louisville. Kv.

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BAPTISTS BACK CHURMSCHOOL Annual Winter Night College to Be Started Here Thursday. Preparations have been completed for the twelfth annual Winter's Night College of the First Baptist Church. Vermont and N. Meridiansts. which will open Thursday night and continue with sessions each Thursday night for six weeks. The Winter's Night College is open to all people, irrespective of church connections, who desire to study religious and social problems. Each session will consist of two

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JAN. 29, 1935

Kyle M. Yates, of the Southern Baptist Theological Seminary. Louisville, will direct the discussion of Old Testament Light on the Social Problems of Our Day." After the class # period, the two classes will merge for a general discussion.