Indianapolis Times, Volume 47, Number 269, Indianapolis, Marion County, 18 January 1936 — Page 16

PAGE 16

‘Big Business’ vs. ‘The President’ Is Merely An Old, Old Play With New Actors

BY THOMAS U STOKES Times Soerial Writer 117ASHINGTON, Jan. 18.—Re- ’ ’ calling history, President Roosevelt perhaps is not surprised at the organized attack upon his regime by business and financial interests. If his memory requires prodding he need only look out a front window of the White House at the equestrian statue of Andrew Jackson, against the background of the glistening marble of the United States Chamber of Commerce. There was no United States Chamber of Commerce in Jackson's day, nor any National Association of Manufacturers, nor any American Bankers Association, but the same interests now represented in these organizations combined against “Old Hickory” just as they are combining against Mr. Roosevelt. History only repeats itself. The fight then was over the second Bank of the United States, that quasi-govemmental institution which was the depository of Treasury funds, the fiscal agent of the government, which influenced credit policies and which Jacksonians hated and derided as “The Monster.” % a a a LINED up behind Jackson to destory that institution 50-MILE TRIP IS JUST ‘BRACER’ TO CYCLIST 76-Year-Old Rider Says That’s How He Keeps in Trim. By United Press NEW BEDFORD. Mass.. Jan. 18. —A 50-mile bicycle trip is just a “bracer” to 76-year-old George Hodson, -60 years a cyclist. To wondering spectators, he explains bike riding helps to shorten the long hours of retirement and to keep him in trim. He never has weighed more than 135. Mr. Hodson began cycling when 16 in his native town of Longridge, Lancashire, England. His first bicycle had a front wheel of 50-inch diameter ar-i a smaller rear wheel. MEDAL EXHIBIT OPENS Displa T Showing British Sea Supremacy Shown ir< Berlin. By T nited Prcss BERLIN, Jan. 18.—An exhibition has been opened in the Coin Cabinet of the Kaiser Friedrich Museum. It is called “Medals Illustrating British Sea Supremacy.” MINERALS ARE SHOWN First Collection in U. S. Displayed in Philadelphia. By United Press PHILADELPHIA, Jan. 18.—The first mineral collection formed in America has been placed on exhibition at the Free Natural History Museum of the Academy of Natural Sciences. The collection, containing 1725 specimens of rocks and crystals, made in the 1790s by Dr. Adam Seybert of Philadelphia. ONE OF TRIPLETS LIVES Two-Pound One-Ounce Baby Kept Alive in Incubator. By United Press CHATCOLET. ladho, Jan. 18.— The two-pound one-ounce son of Mr. and Mrs. Herbert T. Griffin will be kept in an incubator until he weighs five.pounds. The tiny infant is the sole survivor of boy triplets born on Thanksgiving Day. SUSPECT HELPS POLICE Obligingly Goes to Headquarters When Asked by Detective. By United Press TOLEDO, Jan. 18.—For four years detectives sought vainly to arrest Howard Ogle, 31, on a warrant charging robbery. Finally, after practically abandoning hope of finding him. Detective Orrin Gonia sent word to Ogle's home that he would like to see him. Ogle obligingly to the safety building. PUBLISH LITVINOV WORK Statements of Russian Commissar Will Come Out Soon. By United Press MOSCOW. Jan. 18.—A 370-page volume entitled “The Foreign Policy of the U. S. R. R.: Speeches and Statements of 1927-1935,” and containing pronouncements made by M. M. Litvinov, the People's Commissar of P’oreign Affairs, is expected to be published soon. PREFER LONGER DAYS Toledo WPA Workers Vote for Change in Schedule. By United Press TOLEDO. Jan. 18.—WPA workers here prefer longer work days, shorter weeks, in a poll conducted by the WPA Workers’ Union. 90 per cent voted for a four-day week, with seven and one-half hour day, in preference to a five-day, six-hour schedule.

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which he finally did—were the laboring and agricultural elements of the West and South. On the other side, battling to preserve the bank, were the financial and business magnates of the East, with a sprinkling of support from conservative Southern Congressmen. The lines were drawn very much as they are today. Both sides used tactics that were subject to criticism, and the controversy still rages in the history, banking and economic books, DRINKING BY PERMIT lowa Liquor Customers Must Show Cards W 7 hen Buying. By T'nitcd Press DES MOINES, la., Jan. 18.—In lowa's state-operated liquor stores, where customers must hold state permits, the man behind the counter now has authority to prescribe the quantity and kind of liquor that may be sold to certain persons. This regulation was adopted to clear any questions as to the state’s authority in preventing abuse of the liquor permit privilege, which costs lowa liquor consumers $1 a year. FIRST ICE JAMS OCCUR Residents of Nebraska Sandhills Watch Initial Formations. By United Press NORTH PLATTE. Neb., Jan. 13. —For the first time in modern history, probably farther back than that, residents of Nebraska’s western sandhills area are watching the formation of ice jams. Not within memory of the oldest citizen has this section of the state seen an ice jam. OPERATES ON BIG^SNAKE Veterinarian Removes Bone From Boa Constrictor’s Throat. By United Press PARIS, Jan. 18.—A veterinary surgeon at Saint-Pourcain-sur-Sioule performed an operation on a huge boa constrictor at a traveling circus before several score spectators. The reptile was suffering from an abscess caused by the lodgment in its throat of a bone. GAS MASKS IMPROVED 13 Russians March for 36 Hours With New Equipment. By United Press MOSCOW, Jan. 18.—The patrol parties may remain without harm for several days in areas infested with poison gas has just been proved by 13 young Russian workers, including six women. Equipped with masks, they walked from Kalinin to Moscow, 170 kilometers, in 35 marching hours.

Logical Thought at the Right Time Means Much When Death enters the home, the family is not in a mental condition for logical thought; yet they must immediately act on important matters that are usually neglected until death comes. Experience and ability to logically think and advise you relative to all funeral details brings immediate relief to you and assures you of an efficient service. Royster & Askin FUNERAL DIRECTORS 1902 N. Meridian St. TA. 0299 2501 E. 10th St, 2743 W. 16th St. 2522 W. Washington St.

Add Up the FACTS

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INDIANAPOLIS RAILWAYS

but it has been proved that the bank, at least in the final stages of the fight, joined forces with business and manufacturing interests to bring political pressure. The Jacksonians concentrated their fire on Nicholas Biddle, head of the bank. The bank became the big issue in President Jackson's campaign for re-election in 1832 by virtue of his veto of a bill by Henry Clay, his opponent for the presidency, to renew the bank's charter. Soon after his re-election, Jackson struck at the bank by ordering transfer - 'ie government's deposits to state banks, and the fight then moved into Congress. nun IT was at this stage that the bank threw iside discretion and in alliance with the manufacturing interests, which it could influence by its Joans, resorted to the tactics which similar interests have employed effectively since. Credit was tightened. Loans were called. Manufacturers closed their plants. In its campaign the bank disseminated propaganda by use of bank funds, charging the expense to “stationery and printing.” Biddle’s letters reveal his purpose to create distress in the attempt to coerce the Jackson Administration. Private correspondence of the period “shows that the supporters and beneficiaries of the bank had effected a strong union of forces for the purpose of controlling a large section of the press, dictating to politicians, frightening indifferent business men. and defying Jackson and his masses,” say Charles and Mary Beard in “The Rise of American Civilization.”

TOWN STILL THERE, SO KANSAN RETURNS HOME First Visit in 16 Years Made Brief by Former Buisness Man. By United Press COTTONWOOD FALLS, Kan., Jan. 18—B. C. Scott. 7s, former market proprietor, who lives six miles from here, recently made his first visit in 16 years to this town. Mr. Scott took one look at the main street and remarked: “Well, the town’s still here and the buildings are still here,” and turned and went back home. AGES TOTAL 185 YEARS Two Residents of Small Community Celebrate Same Birthday. By United Press ODESSA, Wash., Jan. 18.—The two oldest residents of this little wheat community, boasting 185 years between them, celebrated birthdays together here recently. The Rev. G. Graedel was 85. Mrs. Wilhelmina Gross was 100. Both were born in Russia. BRIDGE PLAYER INJURED Enthusiasm Over Grand Slam Causes Mangled Finger. By United Press BOISE, Idaho, June 18.—A grand slam in bridge nearly cost an enthusiastic bridge player a finger. Excited, he threw his cards on the table, took hold of a collapsible chair and tried to raise himself. The chair folded and mangled a finger.

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THE INDIANAPOLIS TIMES

The larger newspapers were aligned on the bank's side and their cartoonists went the limit. “Here we find- the President pictured as a raving maniac, as Don Quixote tilting at the pillars of the splendid marble bank building in Philadelphia, as a burglar attempting to force the bank doors with a battering ram, while the most popular cartoon among the friends of Clay pictured Jackson receiving a crown from Van Buren and a scepter from the Devil,” writes Claude G. Bowers in his “Party Battles of the Jackson Period.”

Want Ad Headquarters EVERY ONE OF THESE prospect who called wanted this apart- day wds sufficient for the ad below to rent course this ad did the trick and the second “—small ads surely bring quick results.” ment. Rented right away. thls vacancy when it appeared in The day at tliat cost on j y 65c this advertiser said. This one sold to first Times. ’ ' caller. FLETCHER, 722—4 Modern rooms, utilities. ———_ ARCH-ST., 649 (St. Clair, off College) np 90QK r ’ tend furnace part rent. 5-ROOM, strictly modern double; furnished 4 rooms, modern, furnished or unfur- REMINGTON portable typewriter recon- - DR-2295-R. or unfurnished; water paid. DR-5557-M. nished, ditioned: sls Rm. 309 Statehouse ADS RECENTLY APPEARED |N like this ad was read by a million people like this one save advertisers money. Sold ‘he ad below appeared in The Times. The judging by the response Naturally a good choosing The Times this advertiser saved the car the first day—cost only 30c. second day brought a Times reader as maid was hired 6 plenty. The car was sold at cost of only tenant. 97 C> rinr\TV>m ft -><t j -rr ——— HONEST girl for housework: care of chil- . C tion ßo 2 n2a d rniipip s, TT 7s d ns Condl " 1111 - 5-room semi-modern; dren. Call after 6 p. m., 247 N. Persh- ESSEX ’29 coach, new battery, good tires - P° n - owner - 1328 College, LI-7803. utilities furnished: partially furnished. mg-av. heater. $75. 919 Spruce-st DR-1936-W THE TIMES AND BROUGHT baby carriage sold to a Times reader for Los t and Found ads reach almost 300,000 when it comes to trucks, Times ads can t “a host of response to this ad,” says the cash the very first day. pairs of eyes. This ad produced the finder be beaten. This one found a buyer and advertiser. Rented the apartment the who returned the purse. nine others who would have bought. first day through the Times, REED baby carriage: A-l; $5. Excellent LOST—Blue purse Saturday night at MODEL A ’3o—Dual wheel comDletelv FURNISHED annrtment —mn<irn r fnth r , a ( nge ’ grar anCi black: * l2 ’ 630 W ‘ sier Post V ’ F ’ W ' dance ’ LX- overhauled. brakee paint House private entrance; P do™aVrs 1210 RESULTS TO THE ADVERTISER were quick and sure with this lost ad. a Times advertiser goes cash for this car. vprv flrst dav this ad aDDParpd it rpn terf ?fme, d0 r 8 e Je a r th? fi d retumed by a ad cost only sl ' 62 and P roduced the apartment to a Times reader. That’s sold * his , p if no thc Y ery ? rst d f y th3 Times reader the first day. ( $l5O sale. results very ** rst reader who called. STRAYED—BeagIe, 13-inch female: white. ’3O GRAHAM SEDAN—Good looker. Runs ’ black and tan; black collar. Family pet. fine. 6 good wheels and tires, new bat- ALABAMA. 707 N.— Modern furnished *2o—PlANO—Schiller upright grand; A^l Reward. 1305 N. Gladstone. tery. Must sell. S150; V 2 cash. DR-6713. apartment; 2 rooms and bath; S7 week. condition. No dealers. TA-4607. YOU CAN GET LIKE certainly produced for me on tnis ad. The Times produce RESULTS? You to the people who found your dog and it to seU baby furniture? Use a small ad says advertiser, inree Oats orougm a ne ednt ask. Over, three dozen people will be returned just as this one was with i n The Times as this advertiser did. It buyer for this business. wanted this apartment. a Times lost ad. brought cash the first day. FILLING station with 3 pumps; plenty of room for restaurant. Rent very cheap; WRIGHT. 1317—Beautifully furnished 3- LOST—Red and white Pekingese, small sell for cash or trade for good car. room. bath. Kelvinator. garage, yard, female. Reward. 1405 E. Washington- BABY'S walnut bed. 52x28; A-l condition: IR-0043. porch, utilities. DR-5939. si. RI-4127. 86. HP-3906. RESPONSE CALL RILEY 5551 amounted to over 25 calls for this apart- Riley 5551 and you can enjoy the same ■ ment. You can have similar results in low cost results this advertiser did in Five-five-flve-one may be called from 8 Riley 5551 is the number to call to buy, The Times. The Times. -a. m. to 10 p. m. for courteous, efficient rent, sell or exchange. That's want ad ■ want ad service. headquarters, The Times. 3 ROOMS modern, newly decorated: priv- MICHIGAN, 908 E.—Rear: 3 rear unfurate entrance; utilities paid; references. nished rooms; rent free for care of child. HE-5888 Call after 6 p. m a.

“With the convening of Congress,” Mr. Bowers continues, “and the President’s uncompromising message in December, Biddle increased the pressure for the purposes of ‘discipline.’ Business men were unable to get credit. Factories were shutting down because of the inability of manufacturers to get loans, and laborers were thrown out into the street.” it m A PANIC swept the country. “Had the bank acted honorably,” Mr. Bowers says, “there would have been an inevitable de-

pression for the time because of the removal of order, but the panic was the bank’s panic, deliberately conceived and cruelly produced, with the frankly avowed purpose of blackmailing the American people into granting another charter.” Henry Clay organized protest meetings of the people to draw up petitions, which Atty. Gen. John Forsyth called “pothouse memorials.” Committees were organized and descended on Washington to protest to the President and Congress. The keen public interest in the

1832 election inspired some campaign innovations, such as glee clubs formed to sing the praises of “Old Hickory.” “Great meetings.” writes Bowers. “were held in groves, addressed by fiery orators, furiously denouncing ‘The Monster’ and the

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‘Corporation’ and calling upon the people to ‘stand by the Hero/ “Men left their homes, bade farewell to their families as though enlisting for a war. and went from one meeting place to another for weeks at a time.” Jackson was re-elected.