Indianapolis Times, Volume 48, Number 62, Indianapolis, Marion County, 22 May 1936 — Page 14

PAGE 14

STATE DIRECTOR SHEDS LIGHT ON SECURITY LAWS Clarence Jackson Explains Differences in Various Units of Program. Clarence A. Jackson, state Unemployment Compensation Division director, who today is attending a Social Security Board meeting in Washington, D. C.. has issued a statement clarifying various objectives of state and national social security programs. The three units of the program which affect the most persons," he said, "are unemployment compensation. old age pensions and old age benefits. "Unemployment compensation is intended to assist workers by providing an income during periods of unemployment and to aid the nation as a whole by providing for stabilized employment and purchasing power. Unemployment compensation is also an insurance plan, whereby both employers and employes contribute to a fund from which benefits will be paid to eligible unemployed persons after April 1, 1938. This plan directly affects only employers of eight or more persons and their employes. Employers contribute 1.2 per cent of pay rolls from April 1 to Dec. 31, 1936. Next year, employes also will contribute to the unemployment compensation fund, at a rate of .9 of 1 per cent, while the employers’ rate will be 1.8 per cent. Pensions Payable to Needy "Unemployment compensation is administered by the State Unemployment Compensation Division, with local auto license branches as distribution points for report forms and information. "Old age assistance supersedes the pension plan which has been operated by thl State since 1933. Old age assistance is given only to needy persons over 70 years old who have np other means of support. ‘ The state Department of Public Welfare, a department under the direction of Wayne Coy, and entirely separate from the Uncmploy-'' ment, Compensation Division, administers this branch of the social security program. Local agencies to contract for information on old age assistance are the County Departments of Public Welfare, which are expected to be certified ano functioning within the next few' weeks. Paid From General Funds "Allowances lor old age assistance or pensions are paid from general tax funds, one-half being supplied by the Federal government, 30 per cent by the state and 20 per cent by the county in which the aged person resides. Allowances, none of which may exceed $30.00 a month, are determined by local county welfare boards.- They are based on the circumstances of the individual and are paid only to needy persons. In this respect they differ sharply from old age benefits. "Old age benefits, the third major unit in the security program, are provided by Federal law and w'ill be entirely under Federal supervision. Old'age benefits are similar to insurance annuities and will be payable for the first time in 1942 They will vary according to the amount of wages received by each individual prior to reaching the age of 65. regardless of whether the individual is then rich or poor. "Payments will be financed by a pay roll.tax collected by the Federal government. Both emnloyers and employes will pay a 1 per cent tax on wages for employment in 1937, 1938 and 1939. The late for 1940 will be I' 2 per cent, and thereafter the rate increases by ’i per cent every three years until 1959, when the rate will be 3 per cent. Benefits Payable at 65 "Only wages up to S3OOO a year will be taxable, although persons earning more than S3OOO will pay tax and receive benefits based on the first S3OOO of their income. "Old age benefits will be paid to qualified persons monthly aftei they reach the age of 65, and provision is also made for payment to an estate In case of death. In no case can benefits exceed SBS a month.

/ Select Your / Graduation \ / Gifts at \ / RITE'S \ WHERE YOU GET Good Values ON LONG TIME CREDIT ;) i/ia.ho.m) kijng Beautiful 3-Dia-mond Graduation (I 21 Q r Ring In whit** or A •J D vellow solid Bold M mounting. PAY 25c a w i-.kk: Ladies’ or Gents* WATCHES - Datntv Models for * 4 ft ae ■Hr"-Sturdy de- ) I ll.tyo nendable ®t( hes I I I (or Him I —Choice | y | 43-45 SO. ILLINOIS ST. Near Maryland St. 5 YEARS IN SAME LOCATION

NAMED BY LIONS

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J. P. Flint, Crawfordsville, above, new governor of the southern district of Lions Clubs, who was elected this week at Fort Wayne at the annual state convention. Mr. Flint succeeds Claude Rich, Bloomington. Edward H. Paine, Michigan City, succeeds Maj. P. E. Greenwalt, Marion, as governor of the northern district. Walter Shirley, Indianapolis was re-elected state treasurer. Indianapolis w’as chosen as the site for the 1937 convention of the organization.

TECH OBSERVES 'SUPREME DAY' Program Presented Marking Campus Suit Victory in High Court. Technical High School today is to celebrate the twentieth anniversary of the Supreme Court decision which made Tech grounds property of the city. A style show', dress awards, girls’ play day on the athletic field, physical education demonstration, May Pole dance and band concert are among the activities which parents, patrons and friends are invited to attend. Classes are to be in session all day. Supreme Day is an annual festival at Tech and visitors are invited to attend lunch and dinner in the school cafeteria. The sunset ceremony is to include' j a be -1 concert on the quadrangle ! and the lowering of the colors. One hundred and twenty-five girls are to model in the styie show in the auditorium. Awards are to be made on the basis of workmanship and appearance. Judges are instructors in the Home Economics department and a j stylist from a local store.

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40 TO SPEAK AT REALTORS’ PARLEY HERE Speakers for Regional Meet Are to Represent 17 States. Forty prominent realtors representing 17 states have oeen engaged as speakers for the National Real Estate Board regional convention here May 23 and 29. L. G. Holmes, Chicago. National Real Folate Board Association, said today. The contention of the Great Lakes region, comprising boards from five states, is being held in conjunction with the observance of Real Estate Week oeginning tomorrow. The convention keynote, Mr. Holmes said, is to be "Opportunities for Real Estate Under Present Market Conditions." An "early bird" breakfast at 6:30 tomorrow morning is to open officially the real estate week program. More than 250 local realtors, business men and civic leaders are expected to attend. L. H. Lewis, breakfast chairman, and M. L. Hall, local board president, have urged

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THE INDIANAPOLIS TIMES

all members to be present at the opening event. Normarf Metzger, civic affairs committee chairman, who is in charge of arrangements for the week, said the program was designed to show the public the realtors’ importance *in real estate and property ’ransactions and the objectives of the board as a civic institution. Speakers at the breakfast are to be: Gov. McNutt, Mayor Kern, William F. Hurd, city building commissioner; Glenn B. Ralston, county clerk; Frank E. McKinney, county treasurer; Ira P. Haymaker, county recorder; Meier S. Block, vice president, William H. Block Cos.; S. B. Walker, Block Cos., controller; Warren C. Fairbanks, Indianapolis News publisher, and Benjamin F. Lawrence, general manager of the Indianapolis Star Publisfting Cos. All real estate boards in have been asked to join the observance of Real Estate Week. Special Sale! modern elec- ]§7 trio washers BJ|J| 1 .i hern I Capitol City Radio Cos. 139 W. Maryland St.—at Capitol Ave. Phone KI-61.VJ

ifiMMii—dSTORE OPEN SATURDAY UNTIL 9 P. MiiMM——^ SthINNIVERSARY SALE J T?Y> LOOO Votes on the Race Car A? Given Saturday for the Askinq New Arrival — ™ omen’s and Misses’ Summer m-Grade 79c mm* DRESSES, WAFFLE roio mm 4PRr COATS AND SUITS NL AQc | ** i $3 and $4 I alucs 4^ \ M Colors djl Celanese rayon in plain col- I j. i AH V U U ji f. ors, checks, and stripes in I .r.' Kcadsizes |§! \ I /I* light and dark colors. Small. I m \ If 0 medium and large. (First and I Womens Summer jpg *fP irregulars.) £ HATS ■ ~ ISP I —for sports —Silk Seersuckers II J Repeat Sale of dress or street ipt M -Cotton Lace Jacket I=> sgg*f / 1 | * U/AUEM , C wear. • Rough £ -Birdseye White Waffle Jl gßp J WOMEN S straws • Stitched ||| ill raaHj|jip Coats -’*7l, lAf L mAAI/fi crepes Ped a- ' —Silk Finish Waffle I b&Wl 1 W<KII rKUfvllh lines • Sissols— ® i all leading Paslel ' f 1 SjH 1} I | WaOII I IIV jng Combinations AND 94c Shades and White J l I:: ///II I ANNIVERSARY SALE SPECIAL! Here’s Your Chance! BUY NOW! W £ Shipment of 300 Pairs of Men's Mens and Boys’ SI | NEW SUMMER Qi 3% " BB T O A *T CT 3TrO W f- 'V. i„v of bri B ht Sheers and prints, •4 5* MJk F 3 I. r stripes, checks, figures, etc. ® ™ B B Mk 0* Selling elsewhere for much MUCH more: White Duck, Seersuck- - ’at C ; Oids ai.d ends of jjjj im fwmm ers Nubs, Stripes—Just Wv bigs er /vh r ite c a e nd # 9Hi at the start of the sea- . . . . . daV whue‘ fSey C m cinn Pnmoc fhic Annluor. Sall ° rs and SOft brimS for men - and Soft bn ms lastm Pw| | comes xnis Anmver for boys—Hats are salesmen’s samples—Bought 1 sary bale Saving, buy a t a Great Savings and Passed on to You— jso Women's Summer j gr,j;.| them now! You Can’t Beat It! 1000 MEN’S MEN’S FIRST QUALITY I BLOUSES Summer Ties I DRESS M or Fancy Sox J JJ- r SHIRTS J|J £“**/€ Summer ties in as- U Cellophane wrapped. C sorted colors— Jstff "J plain colors an and S . Fancy hose in all gp fancy striped pat- ‘****?§| sizes. terns. Sizes 14 to 17. —■ .... ■ —— Women’s, Misses’ Anniversary Sale Special! 1200 Prs. Women’s Novelty *r\ • Whites CAATWCAD ® Cutouts ANKLETS /L\* G|, ay s IUU WEAK •Sandals /¥ \ Blonde _ _ * Straps / / C 9[ ml MB 1® mm ill Bas J- ip| , bination and plain colors. \l tIL'I Ra y° n Plaited and mercerized. Sizes / 1 ißfefe*"’ Kid Leather* 3 tO 9 f Combhintlon All Heel Trimmed Height* ,st )o Prs. Women's Pure BO YS’ WHITE DRESS 540 Pairs of Men’s New SIL KHO S E OXFORDS Dr€Bß and Sport OYPORDS i A Latest styles for A Vr it. *9 higher priced hn se I f* summer. Cuban i Kl® —desired shades | jj V or regular Sizes >li^Vfto 5 6. SIZ ' S !<'•. 6 11 /tt\ 200 Prs. Wom.’s Summer 0/ GLOVES 230 Pairs of Children’s HR U Ml'k* 1 labric! bb a' a - sA Barefoot Sandals m W rn r d tcd stvte lo in |VC White, Elk, Brown, As Q S'.U' b'i.rt _ sizes - "* _ Composition SOle S. ■ m C and white and h, Cuban or Cj 7P o Ql/ O jßw Kunm et a 1 AGAIN! BY POPULAR REQUEST A Lot of 210 Boys’ 300 Men’s Another Shipment of Girls’ Wash New Wash I SHIRTS or SHORTS I DRESSES SUITS as® // tr- Mothers! . Supply the Girls’ Sl7 ' P<! ' * { Summer Needs at This Price / BOYS' of I C( POLO SHIRTS tBS? | j Prints. Lin- ijßTm ( SS s h E* . 1 I ens, Crash- ■ H H a Made to Sell M { gm V e s- ü ßroad - M I# up to 39c flmWr' J®!!**' -AU nVw Ms Crashes. Broadcloth in W > m ' km 1 summer B ■ fancies, navy, white. ?fM maize and wh.tc, button lo^Jr|Jgj \ styles. Sizes etc.—New styles. Sizes L 11 SiM *‘ 3 * 6 and 7 ’ 14- 3to 8 ’ l\ 1 Anniversary Sale Special Women’s, Misses’ and Children’s BOYS' WASH LONGIES SUMMER SLACKS \ handkerchiefs Just what the bovs like — JB For sports, outings or wear 9 Coil, comfortable, stilish iff* g 1 y ou h<i 'he house-Gabar- WJT I WHITE ONLY— I loneies of white duck, nubs, dW( 2toL, an o J?'”' ! ! aCkS in W% C I M- C I crash, etc. Sizes 6to 18. VH W WW l | |

MAY 22, 1936