Indianapolis Times, Volume 47, Number 266, Indianapolis, Marion County, 15 January 1936 — Page 10

PAGE 10

TRADE BATTLE PERILS WORLD. OFFICIAL SAYS State Department Aid Predicts Another Great War as Outcome. BY WILLIAM PHILIP SIMMS Times Pprrial Writer WASHINGTON, Jan. 15—Great nations struggling for trade with armies and navies at their demand, and with “the world be damned’’ as their slogan, are now headed toward anew World War. In one of the most outspoken pronouncements ever to come from a high official of the State Department. Assistant Secretary of State Francis Bowes Sayre today made public this warning. The peril, he declared, comes irom the new economic nationalism which has gripped the world since 1918. Enlightened self-interest, he adds, should prompt America to assume and assert the responsibility of leadership out of the danger. The Sayre thesis was released by the World Peace Foundation under the title, “America Must Act." Publication date was advanced because of the Supreme Courts AAA decision—“ Triple A" having been made necessary by the loss of our foreign markets. Foreign Trade Called Vital Foreign trade, Mr. Sayre asserts, is vital to the United States. The Joss of markets for 10 per cent of our total production means a loss of more than 10 per cent of the total income because of obvious ramifications. But even more important is the effect unsalable surpluses have on domestic prices. Some 2,700,000 farmers in the United States, for example, know no other employment than cotton raising. Normally three-fifths of this staple is exported. Os our leaf tobacco, 39 per cent is disposed of in the same way, with 24 per cent of our lard. 40 per cent of our dried fruits, 34 per cent of our lubricating oil, 41 per cent of our copper, 58 per cent of our turpentine, 27 per cent of our office appliances, 10 per cent of our industrial machinery, and so on. Jobs, wages, markets and living standards accordingly are at stake. Likewise we need imports—coffee, rubber, tin, silk, tea, bananas, manganese, wood pulp for newspapers, etc., for our comfort and progress. Nations in Big Business Other nations, some even more than we, must import and export to avoid disaster. Yet because they fear attack, or wish to become selfsufficient for other purposes many are now placing every conceivable obstacle in the way of trade. Nations, therefore, are in big business. From controlling and regulating trade, sooner or later they will be led to take over and operate at least their basic industries. The “public be damned” atti- - tude of the trusts of the nineteenth century is “in the way of becoming eclipsed today by profoundly more powerful units. “Today great nations, competing relentlessly one against the other for business of the world, with armies and navies at their command . . . manifest far too frequently an attitude of ‘the world be damned.’ “Economic nationalism,” Mr. Sayre reminds, “reaches its culmination in imperialism. If orderly processes of trade break down as a means for exchanging products and securing a distribution of the necessary raw materials of the world, only force remains. . . When Men Fight “It is when political or economic conditions become intolerable that mast men fight. The turn which economic issues take today in large

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TOWN HALL SPEAKER

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Dr. Mary B. Harris (above), superintendent of the Federal Woman’s Institution, Alderson, W. Va.. is to speak at the Town Hall meeting Saturday at the j Columbia Club. WOMAN PRISON HEAD TOSPEAK West Virginia Institution Superintendent Here on Saturday. “Personality in Prison” is to be discussed by Dr. Mary B. Karris, superintendent, Federal Industrial Institution for Women, Alderson. W. Va., at the Town Hall meeting Saturday in the Columbia Club. The average among the 460 women prisoners live in 17 cottages and are given training in order that they may be self supporting on their return to society. Mrs. Marian Gallup, Indiana Woman’s Prison head, and Mrs. Frank Fowler, a classmate of Dr. Harris at Chicago University, are to be hostesses at a discussion luncheon following the lecture. Mrs. Theodore Roosevelt Jr. is to speak on “Life in the Philippine Islands” at the Town Hall meeting Jan. 25. Masons to Sponsor Dance The Masonic Temple Boosters are to hold a public dance in the Cumberland Community Building Saturday night. part spells the destiny of tomorrow. War or peace in our time may hang upon the choice which nations are now making of the economic policy which is to rule the world.” Mere sentiment, he said, will not make peace. “Peace depends upon the slow and careful building of a solid substructure of sound political conditions and healthy economic relationships between class - conscious groups and race-conscious nations.” The alternative to economic nationalism, he concludes, is not necessarily free trade, nor is it the free-and-easy methods of the nineteenth century. The way out is by a liberal world-trade policy “based on the principles of equality and non-dis-crimination.” America should assume world leadership in that direction, he says. For “white water lies ahead.”

HOW TO DISCOVER A FINER CIGARETTE

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BOARD REVIEWS! OPERATING COST OF QASJJTILITY Directors Rename Officers To Continue Duties During Year. Following re-election of all officers. directors of the Utility District and Thomas L. Kemp, manager of the Citizens Gas and Coke Utility, today examined operating figures of the city-owned property for the last quarter of 1935. The books have been closed, it was said, and a report is to be made public within two weeks. Predictions that no great co6t reductions would be shown since the city took over the property in September were made today by Mr. Kemp. He added, however, that recent reductions in personnel and establishment of greater co-ordina-tion between departments should reduce the operating figure for the first quarter of this year. In a lengthy session yesterday, directors renamed officers to serve another year. They are Henry L. Dithmer. president; Fred Jungclaus, vice president; Roy Sahm, secretary, and Brodehurst Elsey, treasurer. These men also were named officers of the Milburn By-Products Coal Cos., of Milburn. W. Va., a coal mine owned by the district. The superintendent of this property. A. A. Gallegher, outlined operating plans and needs at the meeting. REPORT SCARLET FEVER All Hanover Students Examined as Precautionary Measure. By United Press HANOVER, Jan. 15.—Examination of all students at Hanover College as a precaution against outbreak of a scarlet fever epidemic was ordered by school authorities today. Although only one case was reported, Dr. W. B. Adams, school physician, advised against unnecessary student gatherings. Classes continued on schedule.

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CLEBGYMAN TO RETURN The Rev. Berwyn Jones to Talk at Former Pastorate in Martinsville. Timex Special * MARTINSVILLE. Ind.. Jan. 15— The Rev. Berwyn Jones, Indianapolis, formerly pastor of the Maple Grove Church here, is to speak at the church tonight Qn “The Christian Challenge to the War Problem.” Three other Indianapolis pastors, the Rev. William O. Norris, the Rev. Leon Weatherman and the Rev. Lester Ford, are to be guests at the meeting.

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PITTSBURGH RABBI TO TALK AT FORUM Dr. Freehof to Speak at Forum Sunday. Dr. Solomon B. Freehof. noted rabbi, author and lecturer, is to be the speaker at the Open Forum lecture at 8:15 Sunday at Kirshbaum Center, Meridian and 23d-sts. “Three Jews Who Changed the

1 , ' >v- -••.v,. ■ ’4 r . . . Modern Mind” is to be the topic of the discussion. Dr. Freehof occupies the pulpit of Rode! Shalom Temple. Pittsburgh, and is author of “Stormers of Heaven.” He spoke at the first Forum meeting nine seasons ago. BANK TO PAY DIVIDEND Defunct Rushville Institution to Give Depositors $75,000. By United Press RUSHVILLE, Ind., Jan. 15.—An additional 15 per cent dividend.

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totaling 375,000, will be paid depositors of the closed American National Bank here, Harry W. De Prez, receiver, said today. The dividend will raise the total payment to 95 per cent.

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Y. M. C. A. EVENING SCHOOL FOR MEN AND WOMEN High School and Business College Accredited h.r State Department of Education Classes Now Forming rt-'BLIC SPEAKING RADIO SERVICE ACCOUNTING ELECTRIC AND ACETYLENE SALESMANSHIP WELDING RAPID DICTATION SHOW CARD ADV. TYPING DRAFTING • Bl SINESB LAW DIESEL MOTOR 310 N. Illinois Street . RUev 1331

INDIANA LAW SCHOOL UNIVERSITY OF INDIANAPOLIS ESTABLISHED 1894 For Information, Address the Registrar, 8 E. Market St., Indianapolis

BUSINESS EDUCATION Stront Accounting. Bookkeeping. stenof?raphic and Secretarial courses. Day and evening sessions. Lincoln 833 7. Fred W. Case. Principal. CENTRAL Business College Architects and Builders Buildine Pennsylvania & Vermont Sts.. Indpls.

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Spark Causes 5250 Fire A flue spark ignited the roof of the heme of Victor Williams. 938 Fletcher-av, and damages amounted to $250.

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