Indianapolis Times, Volume 47, Number 43, Indianapolis, Marion County, 30 April 1935 — Page 16

PAGE 16

COUGHLIN PLAN ROAD TO RUIN, JOHNSON SAYS General Answers Questions Asked by Follower of Radio Priest. BY HUGH S. JOHNSON WASHINGTON. April 30—Of hundreds of letters from Coughlmltes, all much alike, I have selected my answer to one that asked 10 questions. Q - Have we an adequate circulating medium? A—More than was proved sufficient to do a far greater business than we are now doing. Q—Would it be inflation to print money for the expense of the government up to but not exceeding two and a half times the metallic base now m the Treasury—eight and a half billions? A —We have a vast inflation now. If you mean, would printing that much money of itself ruin us. the answer is no. But if we so much as start using fiat money instead of taxes for expenses, the answer is yes. It would be notice that the government has elected to rob every workingman of his wages, every family of its savings, to raise the cost of living and bring inevitable collapse with complete destruction of values, if people were absolutely su. ; ' ,> one dose would be the end. that dose might do no great, harm. But when a government once does this, it, ir, like a sheep-killing dog—the lambs die of fright if not of fangs. .

Currency Doesn’t Control Debts Q—Do you believe that with five and one-half billions of currency our debts of more than 200 billions can be paid? A —Yes. There are as many credits as debts. These credits are usually active. Fear of what Coughlin proposes has paralyzed them. Ten men stand in a ring. Each owes the other a dollar. All are broke but No. 1. who has a dollar. He hands it to No. 2 who hands it to No. 3, and so on back to No. I—ten dollars of debt paid with one $1 bill. Each of ten men owes his neighbor SIOOO. Each cancels his neighbor’s note—Slo.ooo of debt paid with no money at all. The actual amount of currency is not the controlling factor. Q. —Did the existing system of money bring about our troubles? A —No. The lolly of men did that, although I think that bad management of the Federal Reserve System aggravated it. Q —Why is a man who prbposes a, central bank a radical? A.—l never said he was, but I don't, want it, to be controlled by 48 small-time politicians and I don't want it to be hooked up to a printing press, as Father Coughlin proposes. Q —ls you were among the unemployed. what would you think of a government which destroys wheat, cotton and hogs? A.—The surplus of export farm products over any American need ruined farmers. What do you think of that? I don't believe in destroying supplies but I do believe in a profitable price for agriculture, and you can't get it without managing the surplus. Fortunes Are Too Big Q—What do you think of the big fortunes? A—Too big. They ought to be cut down to decent size by inheritance and other taxes on a sensible plan, but if we took all the enormous fortunes and divided them up tomorrow, you or I wouldn't be much helped. Q —Do you think these fortunes are contrary to the Constitution, especially the general welfare clause? A—No. The Constitution was framed by gentlemen who were on the side of wealth, as it was then understood. It is well established that when they wrote "genera’, welfare” they thought they were using a generality granting no powers. N.„Q —If you believe Father Coughlin to# be wrong, will you state wherA his facts are in error? A— He hams made many assertions. I ran nov, review them in this short letter, mut if you will specify any. I will. If Wou read his sermon on me. and myireply, you will see how he uses fact.*. If you approve of that method. li couldn't convince you. Q—Have' you a plan to give every American aj living wage, and how

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Identify These Two Refrigerators, Then Name the One You Want as Yours

Here are two refrigerators. Identify them correctly and you may win one of the three handsome prizes in The Times Refrigerator Contest.

New Electric Box Will Go to Winning Entrant in • Event. The Indianapolis Times today announces the start of the "Times Refrigerator Contest.” It's so simple any one, even a child, can enter. All you have to do is identify the two boxes illustrated above, and then identify the refrigerators to be shown in The Times tomorrow, Thursday and Friday.

would you end his depression? A —You assume that Father Coughlin has such a plan and can end this depression. I say he hasn't and nothing in your letter indicates that he has. If I had such a plan and had not shouted it from the housetops. I should be shot. I worked on a plan which did make 3,000.000 jobs increase pay rolls $3,000,000,000, decrease child labor and sweatshops, increase real factory pay rolls about 30 per cent, reduce failures of small business to the lowest point in years, reduce hours of labor 20 per cent a week and increase hourly wages 30 per cent. Father Coughlin has done no more than make promises, yet you ask me—“ Where is your magic plan? - ’ I'll give you some magic: Let the President announce tomorrow' that taxes are to be abolished and than the government will get its money lor expenses by Father Coughlin's printing plan. All prices would go sky-high. There would be -a furious speculative activity for a little while. Everybody would try to trade his money for things before his money became worthless. Farmers would seem rich. All workers would seem poor and suffer terribly from the high cost of living. Smart speculators would clean up and soon own everything. In a very short time the bubble would burst. The poor would be destitute. Employment would cease. Farmers would be worse off than ever. The so-called middle class who do not know how to protect themselves, and have no means to do it. would be ruined. That is a guaranteed magic and you seem to have swallowed it whole. I am not against all that Father Coughlin favors. Most of it is meaningless generality. His money plan is the only thing he has stated plainly. I am against that for the reasons stated. ■ Cnpvricht. 1935. hv Unnrd Feature Svndirafr. Inc All rishts reserved. Reproduction in whole or in part forbidden.i

Each day The Times will publish two refrigerators, without identification. All each contestant has to do is to name correctly the refrigerators illustrated, then send the complete list to “The Times Refrigerator Contest Editor” not later than midnight. May 9. All we’re going to do is to drop a little hint. For instance, today’s boxes can be seen at the BannerWhi’ehill Store, the William H. Block Cos., the Kempler Radio Cos., the Paul Kerr Music Cos. and the Peoples Outfitting Cos. Go on over and take a peek, if it will help you identify the boxes. Correctness, neatness, and originality of presenting your lists will determine the winners. The Times will be the final judgi in awarding the prizes.

r I VIM/' - ' With CAPT. AL WILLIAMS I ill 'J V T Chief of Air Service I La Ills Va- Scripps-Hon ard Junior Aviator

AS another step in the direction of lower airplane costs, Eugene L. Vidal, director of the Bureau of Air Commerce, tells me that an experimental order has been placed for an airplane to be powered with an automobile engine. It is a w r ell -known fact that auto engines can be purchased lor just about the cost of overhauling an airplane motor of the same horsepower. This is due to the small quantity of the latter produced. Small auto engines have been used successfully in planes any number of times ... as some of our builders of home-made craft probably can tell us. The useful load of a. plane with an auto power plant will be less, of course, but not enough to matter much in a light two-place ship, I am told. John H. Geisse, chief of the development section of the Air Commerce Bureau is the man in charge of this new' experiment and Mr. Geisse says: “The bureau is vitally interested in improving the safety and reducing the costs of private flying. Aircraft engines of 90 horse power cost in the neighborhood of SIOOO. An auto engine of the same pow'er can be purchased for less than $l5O. In addition to the reduction in cost, the auto engine offers the attractive features of a much lower maintenance and replacement cost and servicing facilities in practically every community. “The performance of the airplane with the automobile power plant is

THE INDIANAPOLIS TIMES

The first prize is one new electric refrigerator, chosen from any one included in the contest. The box will be of four and a half cubic feet capacity and if the winner chooses not to take the box. he or she may apply the price on any refrigerator in the contest. Employes of The Times, or members of their families, are not eligible to enter the contest. Name the two boxes published today and you're well on the way to victory road. Second prize, by the way, will be a SSO merchandise certificate applied on any electric box in the contest. and third, a $25 merchandise certificate. Keep your li*ts until they are complete before sending them in. It's worth while, isn't it?

expected to be comparable to that of planes with aircraft engines, except that the useful load must be less to compensate for the additional engine weight,” Mr. Geisse reports. “However, the weight of this power plant will be no greater than that of the oxs engines which were the backbone of civilian flying after the World War. The reliability should be greater.” So now we can wait and see what the outcome of this experiment will be. I, for one, am curious to witness the performance of such planes.

Light an Old Gold JOT(JOWUj icfctfAl \^EBE *** Sa^n ° nurtdl well being. domestic tobacco; the finest cigarette tobacco obtainable at any price. that natural aroma and fragrance of C P- Lor&ort Cos.. las* r" s * V T NEVER IRRITATING

DR. RICE URGES IMMUNIZATION FOR DIPHTHERIA Guarding of Children's Lives Most Important Need of Country. BY DR. THURMAN B. RICE Written for The Indianapolis Times May 1 has been set aside as Child Health Day, and the first week of May has been designated as Child Health Week. The American Child Welfare Association for several years has been greatly interested in May Day activities which should have the effect of bringing the attention of the public to the needs of the child. There is reason to believe that much good has already been done by these activities. For the 1935 child welfare programs the slogan “Immunize Now: Stamp Out Diphtheria” has been chosen. Most Important Need This means that in the opinion of the directors of the American Child Welfare Association the most important single need of the children in this country is diphtheria immunization. Last year an extensive program was carried out through the cities and state and a great many children —most of them school children—were immunized. Asa result there have been very few deaths from diphtheria among the children of school age in Indiana for the past 'several months. The pre-school children, however, were not nearly so well handled and as a. result there are still entirely too many cases and deaths among them due to diphtheria. It Is extremely Important that all preschool children above the age of 6 months should be immunized against diphtheria. Every Day a “Health Day” Programs having to do with child welfare should by all means make mention of the immunization campaign. There is no need that any child should die of this dreaded disease. While diphtheria immunization is the central theme for the child welfare work for the year 1935. there is no reason why every daj in the year should not be Child Health Day. inasmuch as the health of the children is by far the most valuable resource of the state and nation. Unless our children are healthy and happy and are provided with school playgrounds and other recreational facilities, it is impossible to see how the human race can hope to attain a high level of civilization. ARRANGE DINNER DANCE Kiwanians Plan May Day Frolic at Columbia Club Tomorrow. For the first time in two years the Kiwanis Club will hold a May Day dinner-dance tomorrow night at the Columbia Club. In charge of arrangements are Frank J. Argast. Briant Sando, Emory R. Baxter, Dr. Russell J. Spivey and Alex Corbett Jr. The club will not hold its regular luncheon tomorrow.

HE’S STILL AT IT

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Song writers may come and go. but Irving Berlin, famed composer whose works have entertained a generation of Americans, seems to go on forever. In Hollywood, after completing a score for anew musical producton. he Is shown tapping out another, though the going doesn't seem so easy. Lady's Painful Trouble Helped By Cardui Why do so many women take Cardui for the relief of functional pains at monthly times? The answer is that they want results such as Mrs Herbert W. Hunt, of Hallsville, Texas describes. She writes: “My health wasn't good. I suffered from crampinsr. M,v pain would he so intense it would nauseate me. I would just drag around, so sluggish and ‘do-less.’ My mother decided to give me Cardui. I began to mend. That tired, sluggish feeling was gone and the pains disappeared. 1 can't praise Cardui too highly because f know it helped me.” . . , If Cardui does not help YOU, consult a physician.—Advertisement.

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2-DAY VACATION OFFERED JUNIOR AVIATION GROUP

Trip to Kenyon College to Be Awarded Winners of Contest. Word received today from the Scripps - Howard Junior Aviator Headquarters in Cleveland assures the winners of next Saturday's Transcontinental Derby elimination contest of an all-expense two-day vacation. Kenyon College of Gambier, O, has offered to entertain the two winners from Cincinnati. Toledo. Columbus. Akron. Youngstown, Pittsburgh and Indianapolis on May 25 and 26. During their two-dav stay, the .successful Junior Aviators will be entertained by the Kenyon Airport as well as the college. A model contest, will be staged

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APRIL 30, 10351

during the festivities, and a handsome silver cup will be awarded to the winner. Other prizes will be offered, and members of The Times Squadron really have something to aim at in the contest of next Saturday. at Stout Field. Specialist’s Discovery Ends Stomach Misery George Hanover. 507 South Wilbur Ave., Syracuse. N. Y., has mada what he rightly calls “ a wonderful discovery.” At one time he suffered severely from a stomach ailment. but is now getting great relief. If every stomach sufferer could read the 54.169 similar letters of praise received about Udga. how- much misery and expense they would save! A noted stomach specialist originated the Udga formula; with more thorough medication than is found in common tablets, powders or soda. That's why hundreds of thousands have found, quicker, more lasting relief. If you are troubled with chronic indigestion, gas, heartburn. sour stomach and other disorders caused by excess acidity, beware! These conditions frequently lead to serious complications. Get Ugda from your druggist today. One trial must convince or your money is refunded. —Advertisement.