Indianapolis Times, Volume 48, Number 26, Indianapolis, Marion County, 10 April 1936 — Page 5

10.198(5

ENTIRE FAIR STORE buy on the fair's OPEN SATURDAY f TUU FA TD / TEN-PAY PLAN I IT I I An k i Vi lllu 1 AAi\ // NO CARRYING CHARGE f ■■ II I U m 0 Efotffk CT'MWMKI T* wrcwtttim/ Now buy everything for your entire family. Budget your payw I I | k ir • B ▼ MkiUBP ments. Paying in ten easy weekly payments. No other charges. jS3sl HP"* and! Bj | Gir,S ' & Junior Smari . 4B*m % Prices That Save $$ $ kW^mmrM^jm "slips' k\ Tots' SPRING coats] < |JH; }IMESSES I fllT EASTER I m Tailored Sizes 110 6 A Q I •' Jll llflpiipt ••'j| I Hf>aiitifnl cr*>p<> or (affi'in flrps.aps 39c M g^gss:;ssX' 98 iJW jF—SgS- * r VB | Oj/ MIT broadcloth, Tars* P and W j VT Q * SSLKI opeccß I JHBMMI S Girls' Rayon UNDIES VI 1 lb., 19c tailored. Regular and Mg R iKS BWiW •Bloomers •Vest. ** ** Fresh, assorted 'jjj C■ / ) lllll | ™" ( Cim/i, 5 lates, C also cherry ErLTpTQgX^^^^^^/si^HOSE A kIAD Al 1C ti p* iii m /{ '' or siw* 1 uLAMUKUUj NtW f-- - - V SS? | EASTER / Smart EASTER BAGS (L^llr Worn. Corsettes #4 ao E IJ A I- ™:rHS£ $1 9 8 U^l Rrorado rorotto* t.onod I I genuine leathers to choose from. B Sk ' frr it and bark or lastly hark 9 H '9H| gp| S—■■ ' " ■ — MM , lII J a,id sld* hook girdloa. Cornett* 1 111 ■W 1 RAYON I Smartly Styled ,5,^,9,,,^ 1 f /w fashionable styling 1 UNDIES GLOVES BATISTE GOWMS AMD PAJAMAS / * traws * Felts O4dQ \ 39c 49c Hila V ery Low Priced # Glamorous new spring hate. ij| B S fV \ _ „ T#W H V V m Hundreds to select from. H % Panties, bloom- 'A " rull ot gown* in dainty pattorna. M Every’ one just unpacked for % ovc Qnr j c t on j n s Colors and styles to com- XJr / * r . P . " n ia JM # . Easter selling. Every head- ■ m ers ana siepin. plete your Easter wardrobe As in a Tuppiy* now at tUs low-price. ~ # size included %in regular and Bengaline and other new Zy/X/4 W M SECOND FLOOR H Bk Ptoilt sizes. fabrics, in all sizes. \S\*As

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TRADE REFORM HINTED AFTER SU6AR RULING Lawyers View Decision as Forerunner of Change in Policy. (Copyright, 1936. by United Press* WASHINGTON. April 10—Lawyers saw the Supreme Court's Sugar Institute anti-trust decision today as possibly foreshadowing farreaching court reform of trade practices in the steel and other large industrial segments of bus.ness. Best legal minds of the government and industry, it was learned, have been giving the decision intense study since it was handed down last week. The court's implied condemnation of the basing point system of prices was seen as indicating official action in steel's “Pittsburgh plus" and other similar business systems. The Supreme Court did not pass directly on the basing point system, flatly condemned In the lower courts, but the phraseology of the decision left little doubt in minds of some lawyers that it was objectionable to the court. The lower court decree was approved after minor modifications. How It Is Interpreted Those making the study believe the court intended to give a durable interpretation of the anti-trust laws—as major industries had asked them to do. One lawyer remarked: “The Chief Justice doesn't often decide just the case before him. He generally decides the law." The case was remarkable as constituting the first instance of the Court having the basing point system of price quotations before it. In the sugar case it was held a violation of the Sherman Act. The government contended, through Assistant United States Attorney Walter L. Rice, that the Sugar Institute, by concerted action, instituted a delivered price system including “zone” prices. Judge Julian W. Mack, finding this to be the case, entered in the decree against the Institute, a provision enjoining the Institute members from, by concerted action, “selling only on delivered prices or any system of delivered prices, including zone prices, or refusing to sell f. o. b. refinery.” Town Lost Industry Prices F. O. B. refinery were in effect, Mr. Rice said, prior to the Institute's adoption of the 1928 “code” against which the anti-trust law suit was directed. Adoption of the basing point system and other practices, it was said, resulted in a Middle Western town losing an industry which found it could buy sugar cheaper in Chicago. 950 miles from the source of supply, than it could in its original location, only 450 miles from the supply. Under the code, Mr. Rice said, those who bought sugar at New York were obliged to pay the refinery price plus the rail or high freight and water rate from the refinery regardless of the method used by the refiner to transport the sugar. A Chicago buypr he said, might pay 56 cents a hundred pounds on freight which moved over a route where the rate was 28 cents a hundred. The difference. Mr. Rice said, was added to the refiner’s profit in an industry where a profit of 5 cents a hundred pounds was considered fair. Under the decree, a buyer may purchase his sugar at the refinery and, by any means at his disposal, transport it to the place of consumption, benefiting himself by any saving in freight. Others Use Same System In addition to the steel industry, many others have employed the base point system. The "Pittsburgh plus” system means simply that the buyer of steel pays the price at Pittsburgh plus delivery charges regardless of where the steel originates. Many years ago the Federal Trade Commission condemned the practice after a study, but no action was taken. Under NRA an attempt was made to establish a number of basing points, in order to remedy what NRA considered an evil. This, too, was condemned by the Trade Commission. Now that the courts have spoken on the subject of the basing price system—and condemned it—informed observers believe that other industries will be scrutinized to determine whether their activities are likely to be subject to the same criticism.

GET 15 CENTS LOOT Four Youthful Purse Snatchers Find Profit Small. By Unitfi Prc*s TOLEDO, April 10.—Four girls, all about 12, seized Mrs. Doris Moungie’s purse. Their loot was 15 cents. fwm-iiiu ur. rucuianu s tmoiex ’ • T M. GAS REG. I For Pleasant Extraction I or Drilling of Teeth 2nd Floor Letncke Bldg. I Cor. Penn, and Market I Hr. m flfl Say thousands who have broken the ‘laxative habit” with A ft O Wafer*. Your taste tells you they are delicious cookies, yet every wafer contains a teaspoonful each of U.S.P. Mineral Oil and U.S.P. Agar—more agar than in a quart of ordinary emulsion. Safe for a// the family, loved by children. Start today the A ft O way—just finish the meal with a wafer. Guaranteed to stay fresh. At all drug storve. Ask your doctor. • tM UK . COM TKtO