Indianapolis Times, Volume 47, Number 24, Indianapolis, Marion County, 8 April 1935 — Page 14

PAGE 14

NYE-SWEENEY BILL LASHED BY GEN. JOHNSON

Measure Aimed at Ending Whole Profit System, He Charges. BY GEN. HIGH 8. JOHNSON WASHINGTON, April 8. The Nye-Sweeney bill is no* before Congress. This Is Father Coughlin’s magic money proposal. Another Nye bill is said to have been written by a man named Flynn, a radical, almost flf not quite) a Communist. He is aided by another man of the same stamp named Raushenbush. It comes under the guise of a proposal to which any good American will subscribe—to take the profits out of war by taxing them to the point of confiscation. But, under this pious guise, the real proposal Is to use the advent of war to abolish the profit system in the United States practically in its entirety. This abolition, as everybody knows, is the prime purpose of Communism. Shucked of its trimmings, the Nye-Sweeney bill provides for paying for, first the extraordinary, and then the ordinary expense of government by printing money whenever. and as long as, the standard of living does not constantly continue to rise. This paper money is not a promise of the government to pay anything ever. It represents no value. It is not supported by the credit of the taxing power of the United States. A five-dollar bill is $5 merely because the government says it is $5. Thus removed from the necessity to tax and the spending limits of available revenue and credit, the government can pension everybody and we all can live at ease. This plan of getting something for nothing has been tried over and over again since the world began, but never in the whole history without fearful suffering of the poor and utter collapse and ruin. Based on my own experience. I have worked for 16 years with Mr. Bernard M. Baruch to advance a plan to take away all war profits. This began long before Senator Nye was ever heard of, or Messrs. Flynn and Raushenbush had declared themselves on the subject. The proposal I approve is a special war tax of 100 per cent of all profits and income in excess of a three-year pre-war average and to increase all other Federal taxes to the full point of diminishing returns. That takes all profits due to war and the maximum available revenue. The Nye proposal is to take—with some exceptions—all profits whether due to war or not. In other words, to abolish the profit system. Something fbr nothing, as a money policy, and wreckage of our economic system, as a war policy—this is the statesmanship of Senatdr Nye. • Copyright. 1935. bv United Feature Syndicate. Inc. All rights reserved. Reproduction in whole or in part forbidden!

Remember toßub m Cuticura Ointment Before your Shampoo gently massaging the scalp to remove the scales of dandruff and assist the cleansing action of the Ointment. I/et it remain as long as convenient, then shampoo with a suds of Cntlrum Soup and warm water to cleanse the scalp and restore the natural gloss and vigor to the hair. Rinse thoroughly. Sample each free. Address: “Cuticura." Dept. 4L, Malden, Mast. CHICAGO JEWELRY CO. 146 E. Wash. St. Formerly Goldstein's Dept. Store Bid*. UNREDEEMED WATCHES Pocket and Wrist Watches Elgin—lllinois Waltham OC Hamilton Botova—Benros and Other Well M Known Makes UNREDEEMED Diamond Rings Variety of styles including Masonic MO s—and Srotttish Rite i/d White Gold and riatinom I P Chicago Jewelry Cos. New Location—l 46 E. Wash. St. Linoleum Special 9x12 Felt Base Linoleum Rug. $3.75 and up. We Tarry Complete I,ine of Armstrong’s Inlaid Linoleum Cut Rate Linoleum House Open Till • V. M. St! y. Ala. St. RI-BW7 NOW 0.1 . Uxlil.ll.! SI. | *59 K. Washington St. ernpre £Cr W ' Washington B*. SIOKfcS to9-i 11 y Illinois St. backTc H ES~ KIDNEY DISORDERS corrected by taking DIUREX Sold and Guaranteed HAAG’S Cut Price Drugs be New 19>5 Cabinet Model Speed Queen jf Electric Washer with |P' l|l Safety-Roll Wringer an exciusire feature Vonnegut's It—HP UP B. Washington f | fi t CONN Band and Orchestra INSTRIMENTS PEARSON Ca, Inc. 12* N. Penn.

FIRE REPORTS

la tartar Fir* Addreaa Loaa.. Time 1055 W J7th • A M 57 H Roen* 53 6 41 A M 2133 N Colorado 55 * 55 A M 2404 W 10th MS 9 11 A. M. I*l3 Ingram *lO 10 20 A. M 1002 W 33rd *2 1 2 23 P M 2332 Martlndale 125 3 11 P M 3152 F Delaware None 4 01 P M •11 Lexington 110 * 1* P. M. Teaterday •2 W J4th *2OO 5 40 A M 140* N. Holme* Auto 11 S3 A M ReUner and Minnesota .. *5 • 33 P M 20* N Delaware *2 * 40 P M 1912 Vande* *IOO * 45 P. M Indianapolis Tomorrow Architectural Club, luncheon. Architects and Builders Building. Gyro Club, luncheon, Splnk-Arms. Indiana Federation of Clubs, afternoon and night, Claypool. Rotary Club, luncheon. Claypool. Purchasing Agents Association, luncheon, Washington. Mercator Club, luncheon, Columbia Club. Universal Club, luncheon, Columbia Club. Phi Gamma Delta, dinner, Athenaeum. Home Complete Show, all state, Indiana State Fairground. Gone, but Not Forgotten Automobiles reported to police as stolen belong to: Heroert Starks. 1726 W Morrls-st. Ford coach. 39-113. from garage in rear of home. Gladva Ludewick. 1690 W Riverslde-dr. Essex coach. 28-166. from garage in rear of home. Carl Cross. 131 S Belmont-av. Ford sport coupe. 117-768. from 3750 E. Mlchi-gan-st. Mrs. Laurel Curtiss. 5163 Broadway. Ford De Luxe coupe. 106-153. from rear of Uptown Theater. College-av and 42nd-st. Clotee Bharp. 1448 Fletcher-av. Ford coupe. 49-034. from in front of 902 Vir-glnia-av. Wallace Simmons. 728 Dorman-st. Pontiac coach. 113-621. from rear of 309 Dor-man-st. Paul Hadlev. 541 Arbor-av. Chevrolet sedan, from Rav-st and Warren-av. George S Tompkins. 2240 W Washir.g-ton-st. Franklin sedan. 112-922, from Pennsylvania and Maryland-sts. BACK HOME AGAIN Stolen automobiles recovered bv police belong to: Paul Williams. 921 Carrollton-av. Chevrolet coach, found In rear of 2112 Mil-ler-st A F Beckett. 846 N. Merldian-st. Chevrolet truck found at 1000 N. Meridian-st. Gene Babbitt. E. lOth-st and Post-rd Ford roadster, found one-half mile east of Post-rd on Tenth-st. Oasstus B Guard. North Bend. 0., Ford coupe, found in front of 1210 Cor-nell-av. wrecked. Oldsmnbile coach, no license plates, motor number L 29394008-1. found at 229 W 2lßt-st G Ludewick. 1690 W Riverside-dr. Essex coach, found at 462 Minerva-st.

•j.iiOT*MnuToMGOQC* * 'L- s P* c t make Cheste fields

THIRD PARTY IS GOAL OF FARM HOLIDAY CHIEF

Milo Reno Is Beating Drums for 1936: Huey Will Address Parley. By T'nitrrl Tress DES MONIES. la.. April B.—Milo Reno. bushy haired leader of the radical Farmers’ Holiday Association, is beating the drums of political revolt with the possible objective of starting a third party boom for 1936, reliable sources confirmed today. The holiday association, which numbers 25.000 members in the Midwest and Southwest, meets here in national convention April 27 with Huey Long as principal speaker. Invitations to meet with Long were sent to every left-wing, radical or dissatisfied political leader in the nation, with the idea in mind that if Long, the Rev. Charles E. Coughlin. Detroit radio priest; Upton Sinclair, California’s Utopianist; Dr. Francis E. Tow-nsend, old age pension advocate; the La Follette brothers of Wisconsin; Governor Floyd B. Olson of Minnesota; former U. S. Senator James A. Reed of Missouri, and a few others, went into a huddle over things political, anew party might be bom. Rebuffs were many when the plan was first announced. But in the last six days, since the Louisiana senator has definitely committed himself to the meeting, a number are reconsidering their earlier refusals, it was revealed. Dr. Townsend, according to L. M. Peet, Mr. Reno's right-hand-man, is “reconsidering.” Father Coughlin, if unable to attend in person, will lend his “moral support” and may send a message. Governor Olson, who wants to replace capitalism by a system of production for use, and w r ho has been boomed as presidential timber in the Northwest, will make an address. Rosicrucian Club to Meet Astriolocal Club of the Rosicrucian Fellowship will present a program at 7:30 tonight under the direction of Miss Frieda Nolting at 319 N. Pennsylvania-st.

THE INDIANAPOLIS TIMES

News Survey of Indiana

By Times Special COLUMBUS, April B.—A practical joke caused four boys to spend a night in jail after they had almost cased a serious automobile accident. Charles Swim. Howard Hart. Gene Noblitt and Donald Bray placed a 100-pound burlap sack filled with wet sawdust and wood shavings in a road near the East Columbus school building. Several motorists, traveling at a high rate of speed mistook the bundle for a sack of livestock feed, and as they stopped to pick up the sack the boys gave them the "Bronx cheer.” One motorist, accompanied by his wife and two baby daughters, was forced to make a quick swerve to avoid the sack, and the car almost ran into a ditch. Sheriff Elmer H. Notling arrested the boys.

Bonds Rejected By Timm Special JEFFERSONVILLE. April 8 Deputy Auditor Bryan Fifer of Clark County announces today that a $70,000 bond issue which was tentatively sold to the Bankers’ Bond Company, Louisville, Ky. } has been rejected by Matson Ross, McCord & Clifford, Indianapolis law firm representing the bonding company, as being legally unsound. The attorneys refused to approve the bond sale unless the bonds are issued and sold under a law adopted by the 1935 Indiana Legislature. a m Motorist Hurt By Times Special HARVEY’S CHAPEL, April B. Frank Eller was recovering at his

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This Undertaker M HARRY W.|7 OOREj 2050 E. MICHIGAN PHONE CH- 6020

home today from severe Injuries received Friday when his automobile struck a tree near Walnut Grove. nun Music Festival Set By Times Special HARTFORD CITY. April B.—The first annual music festival of the Roll and 'Washington schools will be held April 24 at the Roll high school.

TEETH Talk No. 14 Because we do not advertise cheap-John prices or display unsightly tooth cuts, some folks think we are “high priced.”—and “high hat,” too! However, this is not true. If we do charge a bit more than

some, we believe we are entitled to it —and you'll think we deserve it too! Our dental equipment is of the best, and our ability to use it is at least average. Whether we do your work or not—well thank you for a visit just the same. Dr. Eiteljorg 8 y 2 E. Washington St. Just East of Meridian Street

WE BUY 11 Waste paper i I CALL RILEY 6341 330 W. MICHIGAN ST.

500 OIL MEN TO MEET HERE IN CONVENTION Exhibit to Be Held During Week: lekes’ Aid to Give Talk. Nearly 500 oil dealers will attend the spring convention and exhibit of the Indians Independent Petroleum

WATCH REPAIRING Good, Guaranteed Work ROY F. CHILES 530 Lemcke Bldg.

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Association In the Severin Wednesday and Thursday. Speakers will include Paul G. Blazer. Ashland. Kv, appointed by Harold lekes, oil administrator, as petroleum code survey committee chairman: George P. Shillinger, La Salle Extension University. Chicago; F. Harold Van Orman, American Hotel Association vice president:

=SPRINGLfn [5 Women'* and / \ M ■ Mi****’ Spring HATS [m. Xcw Spring 86c jse COATS Smart straw* In jflV and SUITS Women Pure V *1 Q W sale O Bifc. . jj hose />r,re 39C U $13*95 First quality ! rt ross y coats, tailored sports mat*— slll ' long or s!u rtcr ** lHll * Sßl!e *** l * , * ,a(r ' ackets ' I** op *■:.! iiav> All lo w: Clreya! Sale! Men's [Mil Spring SUITS PI Sports stilts and regular ■_ R#tßrasi Young Men’s models in sin-JS M j#Oi / r _ gle or double- m •^ dress Pants ■$ e a g to 9ts $ 1 .49 1 I Suits—Topcoats s*2so I With pop u 1 a r / All * i zoR --a 11 styles, a || so / I high waist! /remarkable selection: g ln ■ Now at 146 EAST WASHINGTON Stfcyswsr

-APRIL 8, 1935

Ancil T. Brown, Brown Efficiency Bureau, Inc., president; C. E. Foreman, legislative committee chairman, and Leland K. Fishback, Indiana petroleum marketers’ committee chairman. Entertainment will be provided by talent recruited from members of the association, and a luncheon and banquet will be given.