Indianapolis Times, Volume 47, Number 29, Indianapolis, Marion County, 13 April 1935 — Page 1

1 ■ E s n

3 ACCUSED OF BANK EMBEZZLEMENT

ITALY, FRANCE, BRITAIN FORM ‘UNITED FRONT' European Powers Agree to Pursue One Policy for Common Good. MAP SECOND PARLEY Integrity of Austria to Be Guaranteed. Is Belief at Stresa. fopvr.ct-.t. I'm. bv Unit'd Pr"ssl STRESA. Italy, April 13—Great Britain, France and Italy have agreed to pursue a common policy for maintenance of European peace and inviolability of existing treaties, it was said authoritatively today. They have agreed further to invite Central European countries to a conference to be held in Italy, probably at Rome to reach agreement for assurance of peace in the Danubian area and guarantee the integrity of Austria. The agreement for common policy on peace and treaty fulfillment means that Great Britain will approve, though it will not join, any military measures France and Italy may take of whatever nature in pursuance of the common policy. Called in a grave international emergency that threatened war, started in dispirited and semidespairing mood, the Stresa conference appeared to have developed into a near triumph. So great was the promise that the statesmen concerned today postponed the end of the conference until ton. irrow noon. Then they plan to issue a joint communique announcing progress and indicating their policies. Those of the conferees who are to attend the League of Nations Council meeting at Geneva Monday - called by France to consider Germany's violation of the Versailles Treaty military clauses—were expected to go direct to Stresa. It is indicated that the peace of eastern Europe will be worked out through a series of military agreements for mutual aid against an aggressor in which France, Russia and Czechoslovakia will be the charter members. The Danubian conference will take care of central Europe. Then will come the peace of western Europe, entailing agreement for limitation of British, French. Italian. Russian and German armies, air forces and navies. Probe German Motive By 1 n itrd Prt *$ BERLIN, April 13. Germany's offer to sign non-aggression treaties Mippplrmriitmg Eastern European security agreements may prove a basis for talk at a big political conference to be held probably at London. it was indicated today. The offer in no sense meant that German recedes from its posit ion that it must have absolute equality of armaments. Instead, its motive was interpreted to be: 1. An attempt to discount beforehand the effects of a series of encircling alliances such as that being negotiated between Russia and France. 2. An effort to enlist British support and co-operation. Its success was indicated bv the optimism at Stresa. The difference between the German offer and the one previously made by Adolpf Hitler is that Hitler resolutely opposed the idea of any security treaties as of niiii7*stic character. Now he is willing to recognize thp security agreements, though he will not join them. League Ready for Session • Copvneht. 1935 bv Unit'd Prejs' GENEVA. April 13.—France's case against violation of treaties will be put before the world Monday at a meeting of the League of Nations council which she called in protest against Germany's rearmament. The basis for the meeting is a French memorandum, dispatched from Strr.'a late yesterday, in which it is argued that much treaty violations are likely to lead first to political confusion and thence into chaos. Tire memorandum will be published tomorrow. France intends that the memorandum shall lead to League action to anticipate future treaty violations by putting teeth into the League of Nations covenant, primarily aimed at providing prompt, severe economic. commercial and financial penalties against treaty violators These would be backed up by security agreements, also within the League framework, which would mean military action against an aggressor. It was thought likely that the memorandum, which contains eight pages, would be distributed to League council delegates tomorrow for study, and that it might be published then. City Student Is Honored Miss Marcia E Morrison. 3038 Ruckle-st, has been elected to associate membership in Sigma Xi national scientific honorary fraternity, by the chapter at Washington University St. Louis. Mo.). Miss Mornson is taking graduate work in the department of psychology.

The Indianapolis Times Fair tonight with frost; tomorrow fair and warmer.

NR A, y WO DO OUR PART

VOLUME 17—NUMBER 29

IPholo bv Marcaret Bourke-White; Copyright-, 1&35, NEA Service, Inc.? This was a farmstead, but after r iree crop failures everything this Texas farmer possesses is on this truck. He's leaving his acres in the drought,-and-dust area for good, to Seek a home and a living wherever he may find it. Years of hard work have crumbled behind him—into dust.

5 PROBES OPEN IN BOS WRECK Teacher, Survivors Defend Driver in Crash Fatal to 14 Children. By f niff4 rrcs* ROCKVILLE. Md.. April 13.—Five separate investigations were begun today into the death of 14 high school stuednts in the crash of a fast passenger train into a Williamsport bus. The driver. Percy Line, was held in jail, unable to raise SIOOO bond under which he was held on a manslaughter charge. H,* will appear at an inquest to be field at 10 a. m Monday. Almost at the same time the inquest is being held here a mass funeral for the 14 science class students will be held at their home in Williamsport, Md., 75 miles north of here. Maryland state and Montgomery County police began investigations in an effort to fix the blame. The Interstate Commerce Commission, the railroad and an insurance coml>any conducted separate inquiries. Although the crossing was unprotected and both approaches partially obscured the Baltimore AOhio Railroad officials disclaimed any responsibility for the crash, assorting the crossing was plainly and sufficiently marked. The teacher. Miss Anna Louise Funk, and survivors among the 27 students defended Line. He was a careful driver, they said, and could not have avoided the accident. Line said he was so dazed and shocked he "couldn't realize yet what happened." The crossing—where five other persons were killed a few months ago—will be one of the first to be eliminated under a $200,000,000 work-relief grant assured yesterday by President Roosevelt, it was said. BANK TRIAL IS DELAYED Recess in Lafayette Case Called Due to Attorney's Illness. By J nilerl Press LAFAYETTE. Ind.. April 13. The trial of Miss Margaret Cheney, 36. former treasurer of the defunct Tippecanoe Loan and Trust Cos., was recessed until Monday today because of the illness of Daniel Flanagan, defense attorney. Miss Cheney is charged with falsification of the bank's records.

Watch for These Fine Picture§ of the DIONNE QUINTUPLETS —and You'll Say: "How They've Grown.’" MONDAYYvonne! What a big girl! And what's that secret you've shared with your nurse? TUESDAYHere they are—all five—plump and rosy, basking in the artificial sunlight! WEDNESDAYMilady. Your Carriage Awaits! Annette goes for a ride in her quint-elegant limousine. EXCLUSIVELY IN THE Always

THIS WAS A FARMSTEAD—NOW CRUMBLED INTO DUST

Hourly Temperatures 6 a. m 38 8 a. m 38 7 a. m 38 9 a. m 39 Sun rises tomorrow', 5:08; sets, 6:22. Sun rises Monday, 5:07; sets, 6:23. SPEED KEYNOTE ON JOBRELIEF Grade Crossing Elimination Projects Are Ready for Early Start. By I nitrd Press WASHINGTON. April 13.—Speed became the keynote today of the government's $4,880,000,000 re-em-ployment drive. President Roosevelt announced between $100,000,000 and $200,000,000 of the huge fund to create work for 7,000.000 persons will be spent before July 1. 1936, for grade-cross-ing elimination. CCC Director Robert Fechner said he would use the $30,000,000 already allotted his organization to recruit 300.000 new enrolees within 60 days and increase camp lists to 600.000 youths. Relief Administrator Harry L. Hopkins started using the $125,000.000 made available to him from his new $880,000,000 direct relief appropriation to feed and clothe the country's 20,500.000 needy this month. PWA Administrator Harold L. Ickes revealed he has $100,000,000 in projects ready to go under the r-'v 5900.000.000 construction program, and studied means of starting the money flowing into states, counties and municipalities as rapidly as possible. The grade-crossing campaign can start almost at once. Railroad companies informed the White House they have 'plans already completed for elimination of 500 dangerous crossings, but are without funds. Mr. Roosevelt announced the government would finance the entire program, leaving to political subdivisions only the problem of purchasing land. Projects will be abandoned, he said if lengthy condemnation proceedings are necessary. The President said he plans to operate only on main highways and rights-of-way.

TODAY'S WEATHER

INDIANAPOLIS, SATURDAY, APRIL 13, 1935

PARADE OPENS CLEAN-UP DRIVE Jr. Chamber of Commerce Again Sponsors Annual Campaign. The annual Clean-Up, Paint-Up. Fix-Up campaign was officially opened by a parade this morning at 10. in which city officials had been invited to ride along with officers of the Junior Chamber of Commerce, which sponsors the campaign. The line of march began on North and Michigan-sts between Pennsylvania and Meridian-sts. and proceeded south on Pennsylvania-st to Washington-st, west on Washing-ton-st to Illinois-st, north on Illi-nois-st, east on Market-st, around the Circle to Meridian-st, and north on Meridian-st to North-st, where the parade disbanded. Headed by a police escort, the parade included the Indianapolis Boy Scouts’ band, the Scout Brigade and the Naval Reserve color guard. The Indianapolis newsboys band and cars entered by the Indianapolis Sanitation department were also included in the parade. GORDON MESS NAMED OPTIMIST CLUB HEAD Other Officers Named at Meeting of Luncheon Group. Gordon B. Mess was elected president of the Optimist Club at a luncheon yesterday in the Columbia Club. Other officers are Robert E. Kirby, first vice-president; Dr. W. B. Gates, second vice president; Ulysses Jordan, treasurer, and Henry L. Dithmer Jr., sergeant-at-arms. Officers will be installed next Friday.

Roosevelt Regime Worst Failure in U. S. History, Fish Tells Columbia Club

‘ I indict the New Deal Administration on its record of the last year as the greatest failure in American history.” With this statement. Rep. Hamilton Fish Jr., New York Republican. addressed the Columbia Clubs 46th annual beefsteak dinner last night. Raising his voice in intense feeling. the towering ex-Harvard football star claimed that the recently passed relief bill was a "rape of the powers of Congress by a cowardly Democratic legislature . . . left Congress with less legislative clothing than Ghandi . . . and put an autocrat in the White House.” •I charge President Roosevelt with having destroyed business confidence, squandered American resources and impairing the national credit,” Mr. Fish told the 700 club members. Among other things for which Mr. Fish •'condemned” FTesident Roosevelt were "turning the Constitution into a scrap of paper, and changing our representative form of government without the consent of the governed, into a. . . . dictatorial form of government.” The speaker assailed the President for appointing "pink intellectuals" to high posts where they have caused more "labor unrest . . . strikes . . . and class hatred in two years than all other administrations since the birth of the republic.” As the 47-year-old congressional

SOUTHWEST IS BLANKETED BY CHOKING DUST Southern California Menaced by Dust Storm; Sun Blotted Out. ALL TRAINS RUN LATE YelOw Bank Extends Three Miles Into Air, Pilots Report. f};i Vnilrd Press PHOENIX. Ariz., April 13— An area 700 miles long and 400 miles wide was coated with dirt today as a dust storm swept from the Colorado River to El Paso, Texas. Originating in the Texas Panhandle region, the storm crossed New Mexico, touched El Paso and swept westward to Colorado, where it menaced southern California. Only a low pressure area in California kept the yellow c'ouds of dust from crossing the river into dry Imperial Valley and then heading for the ocean. The thick clouds blotted out the sun at Douglas, Ariz., and cut visibility to less than three miles near Phoenix. Passenger airline pilots completing late runs reported the yellow bank extended nearly three miles into the air. Arriving planes were thickly coated with dust. The dust-choked air forepd motorists between Phoenix and Tucson to turn back, their cars covered with dirt. Reports from Gallup and Lordsburgh, N. M., said the storm was breaking in that region. Santa Fe trains through the Southwest were from two to 10 hours late. The Southern Pacific was working exclusively on late schedules. Weather Bureau experts said there was little danger of the storm reaching the coast of California. They said the low pressure area over most of the California coast region would prevail for two or three days, after which the dust storm probably will have blown itself out.

TRUCE STUDIED BY RUBBER UNION HEADS Labor Officials to Confer With Miss Perkins. Rfl T'tilled Press WASHINGTON, April 13.—Labor union officials were to give Frances Perkins, Secretary of Labor, their answer today to proposals by rubber companies for preventing a strike affecting 35,000 workers in Akron plants. Labor leaders conferred with Department of Labor officials until early today. Conferences between Miss Perkins and officials of Firestone, Goodyear and Goodrich companies ended earlier in the evening. Miss Perkins expected to meet with both groups again later today for another discussion of the plan for averting a strike. The plan, Miss Perkins said, was “along lines” of the companies agreeing to hold plant elections ordered by the National Labor Relations Board, without waiving legal rights to have the orders reviewed in Federal Courts. Rotary Club Speaker Named James B. Fenner will speak at the Rotary Club luncheon. Tuesday.

veteran pounded the air to emphasize his points, the large stag audience clad in their traditional caps and aprons listened with interest and looked like a butchers convention ready to rend the vitals of Jeffersonian Democracy. The AAA suffered beneath Mr. Fish's vitriolic vocal blows along with the NRA, and of the former he said: "This is the scheme by which President Roosevelt was to restore the abundant life in America by the destruction of crops . . . and the birth control of pigs . . . which has kept the farmers up on moonlight nights chaperoning the sows.” It would be Mr. Fish's plan not to "scrap the whole NRA.” but to save the best parts and put them into use. He remarked that approximately 740 of the 750 codes could be done away with, however. "There isn’t a man in this room,” challenged Mr. Fish, "who wouldn't like to get back to the prosperity of the Calvin Coolidge Administration in 1926.” Here the speaker paused to tell an ardent heckler that if he wanted to make his speech he could. Mr. Fish digressed long enough from his tirade on Roosevelt tyranny to say that “ if they want to have a war in Europe it's their war and not ours. We should mind our own business because we have certainly got plenty to mind.” "We must stop pulling other nations' chestnuts out of the fire,”

KrU-’T'd n Serond-Cla Master at PostofTSce, Indianapolis, Ind.

FACES BANK CHARGE

JR

Dick Miller Affidavit, charging embezzlement of deposit, was filed today in Marion County Criminal Court against Dick Miller, president of the defunct City Trust Cos. Mr. Miller was one of three former bankers agawist whom affidavits were sworn to today.

RAIN SLOWS UP TRAFFIC DRIVE Arrests Drop to Seven as Police Prepare to Renew Crusade. The police campaign against traffic law violations continued today following a temporary lull yesterday caused by incliment weather which made it hazardous for motorcycle policemen to operate. Seven arrests for traffic violations were made during the day. Os these two were for driving under the influence of liquor, two for failure to stop at a preferential street, arb one each for improper license plates, leaving the motor running in a parked car and for driving without a muffler. During the day 38 persons were convicted in Municipal Court for violating traffic ordinances. Rearrest warrants were issued for two who failed to appear. One case was dismissed, eight were continued, two discharged and judgment withheld in seven. Only a few minor accidents were reported in the 24 hours ending at 7 this morning. Minor injuries were suffered yesterday by Stanley Uhle, 6. of 738 N. Haugh-st, who was knocked down in the 2800 block on W. lOth-st by an automobile driven by Howard Spear, 34, of R. R. 18, Box 395. The boy was taken to City Hospital. Ivan Shaw, 20, of 1109 Pleasant - st. suffered a broken arm and was arrested on a vagrancy charge after his motorcycle upst on the Big Four tracks at Massachusetts-av and Dearborn-st early today. John Kinsell, 38, of 226 S. Arsenal-av, who was riding with him, was badly cut and bruised. Clarence Lowe, 42, of 2647 Na-poleon-st. was charged with intoxication and operating a motor vehicle while under the influence of liquor after police trailed his wrecked car from Fountain Square to the 900 block on Virginia-av. late yesterday. Lowe said he had driven into an interurban car. Fharmacy Bandit Gets 525 A masked gunman held up Ed Reicks, proprietor of the Reicks pharmacy at 3201 Central-av. last night and escaped with $25 which he scooped out of the cash register.

he continued, "and if we have another war it must be in defense of America and not in defense of the munitions makers.” Declaring that "until there is a Republican President in the White Fouse there will be no prosperity,” the Congressman proceeded to outline a skeletal Republican platform for the 1936 campaign. A reduction of 25 per cent in government operating costs; "sound money” at any cost; an end to "red” commissions and extravagant borrowing, and a balanced budget were the essentials which Mr. Fish proposed as the new battleground for the Grand Old Party which he said should be "liberalized” without sacrificing any of the old principles. “The Republican Fferty is not dead,” the speaker concluded, “it is the old Jeffersonian Democracy that is dead. It is our duty after the last two years, to show the people that the New Deal has been a failure.” The New York Representative was introduced by Albert Beveridge Jr., Curtis H. Rottger. club vice president. presided over the meeting which was held in honor of the club members who had been on the roster 25 years. During the dinner, music was played by the Dutton-De Sautolle orchestra, a floor show was given under the directioxv of Miss Patsy Ruth Snyder. Boxing and wrestling matches also were enjoyed.

NAME RINEHART, MILLER, MEYER IN AFFIDAVITS Officials of Defunct City Banks Charged With Accepting Deposits Knowing Institutions Were Insolvent. BONDS ARE FIXED BY JUDGE BAKER Capias Warrants Are Issued for Arrest of Trio After Filing of Counts in Criminal Court. Dick Miller, president of the defunct City Trust Cos.; Mark V. Rinehart, vice president and director of the wrecked Washington Bank and Trust Cos., and Sol S. Meyer, president of the closed Meyer-Kiser bank, were charged today, by affidavit, with the embezzlement of deposits. The affidavits, presented in the Marion County Criminal | Court by Prosecutor Herbert M. Spencer and signed by John | F. Dugan, investigator for the prosecutor's office, culminated months of effort in probing closed banks in Indianapolis by grand juries and special investigators.

Criminal Judge Frank P. Baker fixed bonds on the charges at $15,000 for Mr. Miller and Mr. Rinehart and SSOOO for Mr. Meyer who is now out on a $15,000 bond in connection with a similar charge. Capias warrants were issued for the arrest of the three bankers. Extradition proceedings to bring Mr. Meyer back to this city from his home in Miami, Fla., and Mr. Rinehart from his residence in Louisville, K>., will be started next week, Prosecutor Spencer said. Mr. Miller has been reported ill at his home, 3130 N. Delaware-st. The three affidavits are identical in that they charge each former bank officer with accepting deposits with the knowledge that each of the banks was insolvent on or about the date of the closing of the three institutions. Depositors Are Named The affidavit against Mr. Miller charges that on Oct. 22. 1930. the day before the City Trust Cos. closed, that a deposit of $25 in money was accepted by the bank from Wilfred Bradshaw. Mr. Brad aw now is judge of Municipal Court One. Mr. Rinehart is charged, through bank employes, with accepting a deposit from the Roberts Restaurant, Inc., of $312.63 in money on Oct. 27, 1930, the day the Washington Bank and Trust Cos. closed its doors. Checks totaling $320.95 and $129.98 in money depot .ed by Lee F. Remmetter, druggi. „ of 4225 E. Washington-st, on May 11, 1931, in the Meyer-Kiser bank are the basis of the charges of accepting deposits "fraudulently” against Mr. Meyer. Morris Death Recalled Mr. Spencer pointed out that in filing the charges that every effort was made to fix the responsibility for alleged violation of the state banking statutes on men holding the presidency or highest executive position in the banks. Although Mr. Rinehart resigned as vice president of the Washington Bank and Trust Cos. in 1929 to head the Farmers Trust Cos. he still retained his directorship in the W. Washington-st bank up to the time of its closing, Mr. Spencer says. . J. Edward Morris, president of the W. Washington-st institution, was found dead in his garage, victim of carbon monoxide poisoning. He was believed to have committed suicide.

N. Y. Stocks

*By Thomson & McKinnon > 10:00 A M Prev N Y. close Atchison 40'j 40 Pennsylvania 20'j 20’z Westmkhouse Elec 38 37 s , Chrysler 36 s , 35 s , Gen Motors 29 5 , 29 ; Borg Warner 32 s , 32'a ‘ Elec Auto Lre 20 s , 29' 2 Timken Roller 30 s , 30* < Bendix 14 s * 14U United Air ll’s Anaconda 11 11 2 Am Smelt 38 s . 33' 2 Int Nickel 23', 28-a Kennecott It-a li'a U S Smelt 112 HI Dupont 92'a 92’, Union Carbide 43 48 s , Ohio Oil 10 s , 10 ■ S O Oil of Cal 31 s , 31 1 a S O Oil of N J 4040 Scony Vac 13 s , 13' Beth Steel 25’ 2 25’ ; Rep Iron & Steel 11', 11 * U 8 Steel 31 s . 3! Revnoids B 45 j 45-, A T A- T 107 103 s , Cons Cas 22 21 Nor Am Cos 13 Borden 22’, 23 Gen Poods 34 s , 34 t \ Natl Dairy l l * l'i Stand Brands 15 s , 15 ! rCom Solvents 19 s , 13 s , Celanese 21 s , 21 Am Radiator 13’, 13 Mont Ward 25’ 2 25 Sears-Roebuck 37 33\ Radio 4-j 4'j Am Can ll* 1 , 118 J I Case 52 , 52 Rabbi Gordon to Speak "That thou mayest remember the day of thy going forth from Egypt all the days of thy life,” is the topic under which Rabbi Jacob L Gordon will speak at the Kneses Israel Synagogue, IC3O S. . dian-st, tonight.

Capital EDITION rRICE THREE CENTS

The prosecutor was emphatic in declaring that he did not expect to file additional charges against other officers or directors of the closed institutions. Depositors* Aid Needed “Additional charges may be filed against one bank officer now facing a criminal court trial. No new charges will be filed against officials of these three banks if depositors named in the affidavits are willing to testify for the state,” he said. He said the three depositors named in the affidavits filed today had been informed of the action and that it was his belief that they would be state witnesses. The charges against the three former bank officials carry, upen conviction, the sentence of 2-to-14 jears in the Indiana State Prison. The Indiana Supreme Court has a test case on the state banking statutes that vitally affects the present affidavits as well as the trials of three other former officers of the Meyer-Kiser Bank. Trial Scheduled May The case is that of Melville S. Cohn of the Meyer-Kiser Bank, charged with embezzlement from depositors through the alleged payment of dividends to realty compary stockholders. Mr. Meyer also faces a similar charge, as does Julian J. Kiser and Ferdinand S. Meyer, former officials of the defunct bank. Mr. Kiser is scheduled to be tried on May 6 before Special Judge Alexander G. Cavins. Mr. Cavins tried the Cohn case which now awaits action by the State Supreme Court. Scott Brewer, former president of the State Savings and Trust Cos., faces charges of embezzlement and perjury through affidavits filed several weeks ago in Criminal Court by Mr Spencer Mr. Brewer is ill in a Washington hospital. New Grand Jury Sought While the city’s financial section buzzed at news of the new banlt charges, Judge Baker awaited the serving of papers by deputy sheriffs on a jury panel of 50 names which will report Monday morning to form the county's new grand jury. Judg Baker discharged a former grand jury. Failure to vote indictments in bank cases and a charge against Charles Bailey, former Washington Township assessor, are said to have caused the jury's discharge. The jury contends that it was ready to vote bank indictments. The discharged members charge that they were in readiness to indict bank officials when they were disbanded. In a call of six names for a grand jury panel to serve out the unexpired term of the discharged jury, but one grand juror was accepted for service. Judge Baker mast find five men out of the 50 called for Monday who are willing to serve until July 1. The men not used for grand jury service will be placed on the regular criminal court trial juries. The jury will probe routine criminal cases. A special charge may be given the jurors by Judge Baker.

A New Society Imagine a social rehabilitation program so large that it takes days to cover the territory involved. Then picture a people on the ragged edge of poverty and starvation whose only hope may be the success of this great social rebuilding project. There you have TVA. Talcott Powell, editor of The Indianapolis Tunes, has just complete a ten-day’s swing around the TVA region. Not a mere sight-seeing tour was Taleou Powell’s, but an intensive, exhaustive survey of TWA and what it means. Monday on the popular Times feature page, the first of Mr. Powells absorbingly interesting articles will be presented.