Indianapolis Times, Volume 47, Number 205, Indianapolis, Marion County, 5 November 1935 — Page 12

PAGE 12

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TUESDAY, NOVEMBER 5, 1935, THE BUSINESS TREND about recovery? How far has it gone? * * Where is it lagging? The Roosevelt Administration is up against its mast baffling problem in the fact that the depression seems to be over for half the country and not for the other half. To complete matters it is the working half of the population, which the New Deal was designed to aid, that still feels hard times. When business indices were low, the Administration expected their improvement would end unemployment. Now that indices have climbed almost to normal, with the number of unemployed still running around 10 million, it may have to revise its whole plan. That is why optimistic headlines on every financial page are evoking little official comment here. In half a dozen departments, tables and charts are being studied to determine where the weak points In recovery lie and what can be done about them. Last week President Roosevelt admitted concern over the fact that industrial production is about 90 per cent of the 1923-25 average, while only 82 per cent as many persons are employed and pay rolls are only about three-fourths of the average for that period. nun "p'URTHER study of the figures indicates they are made up of excessive highs and lows. Earnings of 50 leading corporations increased 25 per cent in the third quarter of the year, Business Week reports. For the first nine months of the year, earnings were 15 per cent above the same period last year. Sixteen of the 50 companies—many of them food manufacturers—earned less in the nine-month period this year, but earnings of Julius Kayser & Cos. went up 211 per cent; Johns-Manville 168 per cent; Otis Steel 142 per cent; Houdaille-Hershey 128 per cent; Libbey-Owens-Ford 98 per cent. nun of the Bureau of Labor Statistics for the first six months of the year show net profits for 6G2 corporations of $594,200,000. This compares with profits of $579,000,000 in 1934, $192,300,000 in 1933, and $537,500,000 in 1931. Only one of the 24 groups into which these corporations were classified showed losses. This was the railroad group. Automobiles showed a net profit of $99,000,000, public utilities $124,900,000, telephone companies $93,700,000, food and food products $51,900000, chemicals and drugs $50,000,000. Within the last few days, the newspapers have recorded a 5 per cent increase in net income of railroads during September. nan output touched its all-time high of 1,895,817,000 kilowatt hours last week, a figure 13 per cent above that for a year ago. The Commerce Department found industrial production for October two points above September, the first time since 1928 that the fall expansion has exceeded the usual seasonal rise. Automobile manufacturers produced 153,000 units, up 58,000 from September. Steel production went up in October instead cf down, as it usually does. Freight car loadings are 14 per cent higher than a year ago. The cotton textile industry, according to one financial commentator, is on the most promising basis for sustained recovery since 1932. Trade figures show the following increases: Passenger car sales 37 per cent, truck sales 28 per cent, machine tool orders 88 per cent, department store sales, 4 per cent, rural sales 20 per cent, paint and varnish sales 18 per cent, oil burner shipments 38 per cent, washing machine sales 11 per cent, household refrigerator sales 15 per cent. n n n T>UT this is what the Bureau of Labor Statistics finds when it looks beneath the surface; Production is about at the 1929 level in consumer goods industries, but far below it in durable goods. Employment is 96.9 of the 1923-25 level in consumer goods industries but only 71.2 in durable goods. Pay rolls are 86.9 in consumer goods industries, 60.6 in durable goods. Tile same ratios are not maintained throughout industry. Automobiles, in the first six months of this year, showed production at 70 per cent, employment at 92 per cent, pay rolls at 80 per cent. Officials read in this a picture of shortened working hours and part-time employment, with workers getting less per man in wages than in “normal” times. nun STEEL production was 55 per cent, employment at 70 per cent, wages 54 per cent. This picture means that employment will not increase greatly as steel production goes up, since it takes a minimum number of men to keep a plant going, and better times will simply mean more work for those already there. Power and light production is 100 per cent, employment 87 per cent, wages 82 per cent. More kilowatt hours will hardly mean more workmen. Bituminous coal production is at 73 per cent and employment at 77 per cent, reflecting a decrease in working hours, but wages are only 59 per cent on the average. In many industries two or three machines have been combined so that one man instead of three can run them. New inventions have displaced men. Other inventions threaten to displace thousands of men in the next few years. n n n BUT officials are not discouraged about eventually being able to return most of the unemployed to work, though there’s no chance of doing it before the next election, or very’ soon after it. One school of thought sees two approaches to the problem.' The first has to do with building construction. A million and a half of the unemployed ought to go back into the building trades, and will when the present building boom swells to proportions foreseen by numerous economists. At the same time a building boom will put to work perhaps half a million men in material industries. In hardware, employment is only 51.8 per cent, steam fittings, 54 7 per cent, metal work 58.6 per cent, sawmills. 37.2 per cent, etc. n n m THE second approach to the problem is through wages. If workers in manufacturing industries were getting even as much as they got in 1923 and

1925, they would b able to spend for things which would give work in the service industries. If they were getting as much as they got in 1929 they could help service workers even more. And economists say that even in that year, workers did not receive a big enough share of the national income to maintain a healthy economic condition. A million of the unemployed should be placed in domestic service, and another million in other service industries—hotels, stores, restaurants, theaters, and so forth. Two million more should be placed in manufacturing industries, according to the figures. All this would take place more or less automatically if individual incomes rose sufficiently. SUNDAY LIQUOR "PERSONS too young to remember pre-prohibition conditions may think repeal has produced an unexpected liquor problem—Sunday selling. They read of raids on Sunday sellers and are reminded of the raiding squads of speakeasy days. Older persons know this is merely a recurrence of an old problem. Some states seek to avoid Sunday enforcement by permitting bars to open in the afternoon. In New York City popular drinking places are busy as soon as church is out. In Chicago a similar state of mind opens the bars on Sunday. In Pennsylvania, noted for its strict Sunday laws, the ordinary license holder must close but clubs may sell to members. The result of this discrimination is the flourishing “one-man club,” a resort organized for no purpose other than selling liquor to those holding cards of membership. Some persons naturally take the view that the way to a better Sunday, free from the problem of enforcement, is to permit Sunday selling. We question that reasoning. Observations in wide-open places and also in places where Sunday closing is required lead to the belief that enforcement against Sunday bootlegging, expensive and difficult as it is, is better for the community than the unrestrained public drinking. THE CITY AND THE OLYMPICS TT*INALS in the national elimination for a basketA ball team to represent the United States in the Olympic Games should be played in Indianapolis. Butler University Fieldhouse offers the logical choice to the committee arranging the tournament of college and athletic association teams. Madison Square Garden has been mentioned, but Butler pavilion has more advantages. Indiana is the basketball capital of the United States. In both college and high school competition it is stamped as no other state. The annual high school championship tournament is a national event. Since Indianapolis has the most suitable hall and the best equipment, and since Indiana stands at the top in basketball reputation, it would be natural for the university men planning the Olympic trials to bring the national finals here. CONGRATULATIONS! 'T'HE Community Fund campaign was a test both of business conditions and zeal for the worthy agencies to be aided. That it came within 5 per cent of its goal proves public confidence in both. The result suggests strongly that Indianapolis can look forward to exceeding the amount agreed upon next year. We may be approaching again the days when all appeals for good works will be oversubscribed. State and Federal aid of the needy encourages some people to excuse themselves from subscribing to Community Funds. But it is evident from the giving this year that few Indianapolis citizens refused the appeal on that ground. This is a tribute to the Fund raisers who made clear to all that state and Federal assistance does not take care of many pressing needs in the city. “FENDER FRACTURE” T'\ELEGATES to the American College of Surgeons meeting in San Francisco hear how to treat a new type of leg injury called “fender fracture.” Its real name is “comminuated compression fractures of the outer tuberosity of the tibia produced by force exerted from the outer side, producing algus strain.” It is common to pedestrians who fail to move fast enough to get out of the way of a corner-cutting automobile. The cure is costly and difficult. But prevention is cheap and easy—careful, lawful auto driving and cautious curb standing.

A WOMAN’S VIEWPOINT By Airs. Walter Ferguson ■

TANARUS) Y repeating a thing often enough we come to believe it. Worse, our children come to believe it, and in this way a falsehood may be set up as an established truth. For that reason alone, it seems to me decidedly dangerous to be constantly saying, as now seems fashionable, “My children owe me nothing.” In the first place, no parent, however unselfish, actually believes that —or would if she -were called upon to demonstrate it. In the second place, it is very bad for the character of the children. It's all very well for the fathers and mothers to accept the theory as true, but what sort of world would we have if, from their first thinking moments, all the boys and girls put it into practice? A good many of them are beginning to. For on the one hand we hear these days that American children are inconsiderate, ungrateful and rebellious. Parents are roundly scolded for the fact, as everybody knows. Yet how on earth are we to teach them otherwise, and at the same time tell them they owe us nothing in return for our care, kindness and love? I seem to remember another old precept which read like this: “Honor thy father and thy mother, that thy days may be long upon the land which the Lord thy God giveth thee.” Today it does not seem to be in very good repute. Nevertheless lam glad I grew up in an era which did not wholly repudiate it. For this much is true. If you owe your parents love, you owe them care when they are old and sick ar and penniless, else what is your love worth? If you owe them respect, you also owe them attention, for the two aTe not to be wholly separated as a formula for living. “Coming home” is the most conclusive and the most all-inclusive phrase in our language.—James J. (Jimmy) Walker, former Mayor of New York. Everything the President has tried has been based on force—the NRA telling the business man how to run his business, the AAA telling the farmer how much he may grow, the Guffey coal law interfering in the same way.—Col. Frank Knox. Restoration of normal business and normal business profits is far sounder and far preferable to temporary and risky war profits.—Secretary of State Cordell Hull. I’ve got an offer to make pictures in Hollywood, but I think movies can be ifcade right here in the East Just as good as in California.—Al Woods, New York producer. y

THE INDIANAPOLIS TIMES

WHY WE DON’T GET OFF THE GROUND

Forum of The Times I wholly disapprove of what you say and will defend to the death your right to say it. — Voltaire.

(Times readers are invited to express their views in these columns, reliaious controversies excluded. Make pour letters short, so all can have a chance. Limit them to 250 words or less. Your letter must he sinned, but names will be withheld on rcoucst.) ana URGES POLICE ACTION TO BRING SAFETY By B. H. Every day we pick up a newspaper we find stories, cartoons and editorials boosting safety among motorists. And then we read a little farther and find the usual list of casualties. Which again brings up the question, “Do safety drives bring results?” I, for one, say not those drives. The only drive that ever brings results is activity on the part of the police force and a few fines to the offenders. Double-parking is evident every place you drive. What has gone wrong with people? They will not park their cars correctly and walk a block or two to do their shopping. They must park in front of the establishment they wish to patronize. Not many years ago, before automobiles became so numerous, would any one feel that they had suffered physically if they rode a street car to town and walked several blocks to do their shopping? No. But now, it seems that the city in general has developed a streak of laziness. And who suffers? The person who has his car parked correctly. Only recently I had my machine parked properly at a curb, and returned to it far in advance of the expiration of the time limit, only to find cars double-parked alongside of me in such a manner it was impossible to get out. Having an urgent appointment some distance away, and seeing no chance to move my car, I was forced to take a taxi to my destination. And when I returned, what did I find but a ticket for overtime parking. And the double parkers moved away with no tickets. This should be remedied and can be if the traffic officers will make an effort to do so. This is just one 5 instance of the law-breaking that is going on around Indianapolis. You can drive on any preferential street and see car after car failing to make the prescribed stops. And then, just stand near a traffic signal and watch the cars whiz through on the stop. Drive out N. Meridian-st or E. New York-st or any of the other busy lanes, and you’ll find road hogs galore. Drivers who drive in the center of the street, refusing to give way to a driver approaching from the rear. Pass l.im on the right, some say. But suppose he does decide to pull over to the curb or make a right turn, and you get hit. Then it’s your fault for passing a car on the right. It would take a full page of news-

Autumn BY HELEN SHAKER In cc mss Autumn with skins a whirl. Dancing and singing with flying curls, Swaying, dipping, whirling, so gay, Laughing so merrily she goes on her way. Dressed in bright colors of crimson and gold, A lovely creature Mother Nature doth mold. Madly she dances on and mi. One last fling and then she is gone.

Perhaps Pleas Has the Ansvier

By L. H. As one who always has voted in the Democratic primary and supported at least 90 per cent of its nominees since 1928 in the general elections, as a paid up member of the Hoosier (2 per cent) Democratic Club, and as an employe of the state of Indiana, I want to ask just what Pleas Greenlee can offer the people of Indiana to persuade them to elect him their Governor? His philosophy of government and his practical political methods are un-Jeffersonian and without question contrary to accepted American ideals of fair play and good business judgment.

paper copy to cite the hundreds of other traffic law' violations that go on in Indianapolis. The above are only a few. So let’s see that the police get gusy and cut down the accidents. nan THINKS TENURE PLAN GOOD IDEA IF IT WORKS Bv J. M. H. I was interested by a story in The Times about the president of the University of Wichita being under fire from the American Association

Questions and Answers

Inclose a 3-oent stamp for reply when addressing any question of fact or information to The Indian* apolis Times Washington Information Bureau. Legal and medical advice can not be given, nor can extended research be undertaken. Be sure all mail is addressed to The Indianapolis Times Washington Bureau. Frederick M. Kerby, Director. 1013 Thirteenth-st. N. W., Washington. D. C. THE EDITOB. Q —Give the text of the act signed by the President on Aug. 13, 1935, concerning the restoration of pensions to Spanish-Amer-ican War veterans. A—“ That all laws in effect March 19, 1933, granting pensions to veterans of the Spanish-Amer-ican War, including the Boxer Rebellion, and the Philippine Insurrection, their widows and dependants, are hereby re-enacted into law and such laws shall be effective from and after the date of the approval of this Act.” Q—What is the maximum size of dolphins, and are they edible? A—The maximum length is about 6 feet and they are highly esteemed as food. Q—How much is 25 times 0? A—o. Q—Who were the first and last emperors of Rome? A—Augustus Caesar was the first and Augustulus Romulus was the last. Q —What is the amount of Brazil nuts imported into the United States annually? A—ln 1934, shelled nuts 7,767,349 pounds, and unshelled, 14,000,349 pounds. Q—What is a monsoon? A —A wind blowing part of the year from one direction, alternating with a wind from the opposite direction; specifically, a periodic wind in certain latitudes in the Indian Ocean and southern Asia generally, .which blows from the southwest from the latter part of

We never will obtain Jefferson’s ideals of public service until we adopt his ideas of political procedure. Greenlee’s attitude is too well know'll ever to convince the sincere voter that he believe in less “political hacks” and more political efficiency. Nothing ever could convince me to support him, although no more conscienciously sincere Democrat than I lives today. I like Pleas personally too much, and consider myself too strong a friend of his, ever to allow any effort of mine to embarrass him, were not my convictions so strongly affirmed.

of University Professors. This is just one of a number of such cases based mostly on the right of a university head to dismiss teachers in the same way as the head of a business may dispense with services of employes. I understand the association desires permanent tenure for full professors after they have been in the service a certain length of time. Its object is similar to that of public school teachers for w’hose benefit tenure laws were passed in some states. The association feels also

April to the middle of October, and from the northeast about the middle of October to April. The season of the southwest monsoon in India and adjacent countries is a season of heavy rainfall. Q—Where is the “Scythe Tree”? A—On the Schaeffer farm, Seneca County, New York. It contains the sythe blade of J. W. Johnson of Waterloo, who was killed in the Civil War. Q —Are there any telephone cables between the United States and England? A—No. The only telephone cables of any note are four between Key West, Fla., and Havana, Cuba; and one across the English Channel between England and France. Q —What is the color of powdered opium? A—Brown. Q —Give the source and name the author of the following verse: Bring me men to match my mountains, Bring me men to match my plains, Men with empires in their purpose, And new eras in their brains. A—“ The Coming American,” by Sam Walter Foss. Q —Which are the Latin races? A—Generally speaking, Latin races are those whose languages are derived principally from the Latin; the Italians, French, Spanish, Portuguese, Grisons and Rumanians. Q—What are the names of the children of Princess Mary and the Duke of York? A—Princess Mary has two sons, George Henry Hubert and Gerald David; the Duke of York has two daughters, Princess Elizabeth Alexandra Mary and Princess Margaret Rose, Q—What is the address of Ignace J. Paderewski? A— Rione Bosson, erland.

that academic freedom is impossible without the protection of rules cf tenure. It is hard for me to see how a strict tenure rule would benefit the students who, after all, are the first consideration of a university. They might be subjected to the influence of a bad teacher just because the school could not get rid of him. Tenure of office is a beautiful theory which would benefit all if all were perfect. n n u GIVES COUGHLIN CREDIT FOR AVERTING WAR By J. R. How many of you readers, who want to keep out of war, realize that one man who talked over the radio a few months ago is the only reason that our Army and Navy are not in Ethiopia at the present time? Congress was all set to join the World Court, but a few hours before the vote w r as taken, the Rev. Charles Coughlin spoke 10 minutes on a chain of stations and swayed a few congressmen to vote* against it. We all know now how foolish the last war was and this one man is entirely responsible for averting the worst war of history, as I see it. Daily Thought They speak vanity every one with his neighbour; with flattering lips and with a double heart do they speak.—Psalm 12:1. IF we would not Clatter ourselves, the Battery of others could not harm us.—Rochefoucauld.

SIDE GLANCES By George Clark

•“<- * T w. 4 'M* j • ~ V ' ' * (

“I try to keep up on world affairs so my husband’s friends won’t think I’m just an ordinary housewife."

_NOV. 5, 1935

Washington Merry-Go-Round

BY DREW PEARSON and ROBERT S. ALLEN. WASHINGTON. Nov. s.—Those in the State, War and Navy Departments who scan every word in the hundreds of confidential cables received daily from the European front say that the prospects for peace or war swing back and forth like a pendulum. The latest swing is to the gloomy side. The French, who had been holding the British back, now seem more willing to unsnap the leash. This again may change overnight. For the man responsible for this pro-British swing is Premier Laval. Public opinion in France is just the opposite. And it is possible that Laval may be unseated within the month. Laval’s swing toward the British is extremely significant. It is the result of ardent behind-the-scenes dickering between Paris and London. What the French premier has been pounding home to his wouldbe allies across the channel is the absolute necessity of British support for France against Germany. “The Rhine runs as far as the Nile.” is what Laval has emphasized. He has said that if France gets British help along the Rhineland, Britain can get French help in the Mediterranean. At first the British were hesitant. Later reports, however, indicate they have yielded. That is the interpretation placed upon the recent meeting of French and British general staffs. On those extremely rare occasions when the two high commands sit down together, they do not play marbles. nan NEW DEAL enemies have screened a special propaganda film to expose Roosevelt's attitude on the Constitution. It is called “The Sentinel” and consists of a conglomeration of shots from newsreels and film libraries. It charts the Constitution from its signing down to the present day. Sound effects consist chiefly of anti-Administration comment. The “League for Upholding the Cons' tution,” which ordered the film, * stage the first showing this mo' in Baltimore. ana HARRY BAGAN, 250-pound Cambridge (Mass.) policeman and president of the Fat Men’s Club of New England, is motoring to Washington this week to lunch at the White House. Reason is that Bagan, long a familiar figure around Harvard Square, has become father confessor to Franklin D. Roosevelt Jr., now a Harvard junior. Rotund Officer Bagan has taken Franklin under his wing to steer him through his all too numerous driving violations. In fact it was Mr. Bagan who advised Franklin in his latest brush with the law, when he was sued by a Malden (Mass.) necktie manufacturer for SIOOO after his car collided with Franklin's at 6 o’clock one morning. The case was heard in the Malden civil court by Judge Emma Fall Schofield, who reserved decision but said she would make up her mind within 10 days. nan THE Administration is keeping an eye on one election today—the wet and dry vote in Kentucky, home of the nation’s biggest distilling industry. During prohibition days, Kentucky was made dry by a constitutional amendment, always difficult to change. Rather than try to change it after repeal, Kentucky lawmakers put through a bill whereby any one can walk into a saloon and “prescribe” for himself whatever drink he wants. Naturally this ran afoul of tha' drys, who are testing the constitutionality of the act in the Kentucky Supreme Court, where it la almost certain to be found unconstitutional. The Supreme Court, however, has withheld its decision until after tha vote today. nan THOUGH Congresswoman Virginia Jenckes is in Terre Haute, Ind., another Virginia Jenckes occupies her office in Washington. She is the Congresswoman's daughter, who keeps a staff of four busy full time. (Copyright. 1935 by TJnlted Feature Syndicate. Inc.)