Indianapolis Times, Volume 46, Number 244, Indianapolis, Marion County, 20 February 1935 — Page 5

FEB. 20, 1935

TAFT BELIEVED GOLD CLAUSE IN BONDSILLEGAL Advised Irving Fisher of Opinion, Warren Letter Declares. Bf Frrippt-fJ 'i*cvr4 .V rwpnprr AUianrt KNOXVILLE. Feb 20—The late Chief Justice William Howard Taft j believed the gold clause in bonds to be unconstitutional and he so told Irving Fisher, the economist, according to Prof. G F. Warren, wno formerly advised Pres'dent Roosevelt on monetary matters. This was revealed today wh .a Charles E. Krutch of Knoxville 1 made available a letter written to him by Prof. Warren on May 2, 1932. The letter stated: “I understand that President Taft when he was Chief Justice told lrvln Fisher th-*.t he believed the I gold clause to do unconstitutional, because it purports to fix the value of money which, by the Constitution. is a prerogative of Congress. Then* Is at least a good chance for an argument on this question. "In any event the fraction of the total indebtedness which includes the gold clause is smalL "Very much more important than , the particular amount of debts which include this clause is the fact j that if a means is found of raising the price level, business will again ! start, profits will occur, taxes can be ; paid, and the portion of the debtsJ which Include this clause would not be particularly troublesome.” Thanks to Hoover! Bt Fcrippt-Hotcnrii Srvtpiprr AUinnrt WASHINGTON, Feb. 20— President Roosevelt may thank Herbert Hoover for the flve-to-four decision upholding the gold policy. For Mr. Hoover appointed three of the five Jurists who sided with the New Deal —Charles Evans Hughes, Owen Roberts and Benjamin W. Cardozo. But had the former President had his way, and the Senate not intervened. the gold decision might have ; been five to four against the gov-, gmment. For Mr. Hoover named a southerner of conservative inclinations. Federal Judge John J. Parker of, North Carolina, to succeed the late : Justice Edward T. Sanford. The' Senate refused to confirm the norm- 1 nation, after labor attacked Judge : Parker for a decision he once made in upholding a "yellow dog” contract. In his place the appointed Owen J. Roberts —one of the five who supported the Administration on gold. BUSINESS BUREAU TO HOLD MEETING FRIDAY Annual Luncheon to Be at Indianapolis Athletic Club. The annual luncheon meeting of the Better Business Bureau will be held at the Indianapolis Athletic Club Friday noon. The members will consider amendments to the by-laws, reports of the treasurer and manager and will elect seven directors. The nominating committee has chosen as candidates Robert O. Bonner. William C. Grauel, Frank Sheilhouse, Edward F. Roesch and H. L. Dithmer for reelection, and Perry W. Lesh and Edward A. Kahn. BAZAR TO BE HELD BY HOLY CROSS PARISH Country Store. Game* and Luncheon to Be Featured. Members of Holy Cross Roman Catholic Church parish will hold a bazar in Hederkrantz Hall, 1421 E. Washington-st, tonight under the general direction of the Rt. Rev. William F. Keefe, pistor. The bazar will feature a country store, games, a luncheon and various booths, offering articles for sale. Mrs. William B. Peake is general chairman of the card party. She will be assisted by Mrs. Joseph Conley. Mrs. Anna Mahan. Mrs. Bernard Willie, Mrs. Charles Jonas, Mrs. Alfred Pich and Mrs. Timothy Corcoran. Why You Should Never Cut a Corn If you are troubled with corns or c*l- j louses, do not run the risk of blood j poison by paring them. Statistic* show j that many infections hare occurred j from this seemingly innocent practice of paring corns. Sinrplv go to your druggist and get a few cents worth of Ice-Mint, rub a little on any painful corn or callous. Im- ! mediately the pain will disappear and In a short time the corn or callous will looses and lift off easily with the liners —root and all—hearing the sur- j rounding skin in a healthy normal con- i dition. This, together with the fact that IceMint overcomes such affections as sore. | tired, aching, puffed or burning feet j and makes them cool, easy and com- ' sortable. la probably responsible for I the hearty endorsement given It by j druggists. To rid one’s feet of every hard corn, soft corn, corn between the toes or ' painful callouses in such a pleasant and safe way. makes it seem the height of j folly for any one to pare a corn and people are warned to stop it.—Advertisement.

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