Indianapolis Times, Indianapolis, Marion County, 16 October 1936 — Page 22

a SEE

POLICY IN GOLD

HELD HELP TO

AVERAGE MAN

New International Standard Prevents Fluctuation, Declares Simms.

BY WILLIAM PHILIP SIMMS Scripps-Howard Foreign Editor WASHINGTON, Oct. 16. — When Secretary of the Treasury Morgenthau was asked what effect the new international gold standard would have on the man in the street he answered, “None.” He was wrong. When teacher asked the little boy if he knew what salt was, he replied: “Sure. It’s what makes food taste bad when there ain't any in it.” Secretary Morgenthau was wrong like the little boy. Without some such gold agreement as that just entered into by the United States, Great Britain and France, world stabilization of currencies would be impossible. And without stabilization world recovery would be on as ticklish a basis as a man walking a tightrope. Prices for farm and factory products would be in daily danger of collapse, International trade wars would be almost inevitable. National currencies would be subject to constant inflation and deflation, jobs would be insecure and the the prospect of new: jobs for those without work would be dim. Makes Man on Street Secure Such things as tariff adjustments, commercial treaties, business contracts between concerns in different countries, abolition of goods quotas and other trade barriers would be difficult if not impossible. In short, the new gold agreement makes the situation for the man in the street more secure, whether he ever lays eyes on another gold piece or gold certificate as long as he lives. By taking control of the exchange market out of the handS of speculators, the gold agreement aims a mighty blow at what Europe calls “the Balkan gang.” .This “gang” is a coterie of international gamblers in foreign exchange. Like vultures, they keep watch over weak or ailing currencles and, at a given moment, SWOoop down for a killing. By selling such currencies short, they drive them Sows, sometimes almost to ruinaon The “gang” gets its name from the fact that the speculators first operated in droves in the small Balkan countries. They are not organized, any more than buzzards are organized. They merely gather for & similar purpose.

ENTERTAIN W. C. T. U. Mrs. Frank Eaton, 6127 Bellefon-taine-st, was to entertain the Broad Ripple Woman’s Christian Temper-~ ance Union today, Reports from the county convention were to be given,

opportunity ria. SOBGIUNILY 10 XY ie new Po fuel resulting from the patented

Ymerization process.

During these twelve months your in-

CHIN UP AGAIN,

Tl I Reach

BY LEO DAUGHERTY

Winnie W. Friedrich closed his wheat drill and pulled rein to drive “Molly” and “Maud” agross the lane into the Western sunset and toward - the

barn. He had finished another day’s labor, was one day nearer the realization of his dream to acquire his own Indiana farm. His wife, Agnes, and his 10 children awaited him and made ready to sit with him at a table laden with the rewards of his fruitful acres, his labor and a courage born of pioneer ancestry. Winnie Friedrich paused, looked over his well-tilled fields and squared his shoulders with obvious pride—a dramatic contrast to the man who two years ago stood among the unemployed and destitute in a relief line.

Heart Set on Goal

“All a fellow needs sometimes is a boost,” he said. “I was given that boost. It has made a future for myself and my family. It's a long way over the horizon, but I think now that I'll rgach my goal.” He recalled bitter,” blue days of only two years ago. He had left his rented farm in Hendricks County to come here and take a job in the State Highway Department. He lost it as he did succeeding jobs, through no fault of his own. Health failed him, too, as every other misfortune stalked his path. Dr. C. B. Blakeslee was his physician. Dr. Blakeslee owned this 140-acre farm on Keystone-av extension. He saw beneath the broken morale of this man orphaned from the soil’ a determination and a courage which needed but the spark of suggestion and encouragement to kindle anew.

Becomes Farm Tenant

The doctor prescribed for his patient’s economic ills as well as his physical. Mr. Friedrich became the doctor's tenant on that 140-acre farm and landlord advised tenant. “No income—direct relief; health bad due to improper nourishment; morale low due to unhappy living conditions of family” was the Resettlement Administration's notation when he applied for his loar in January, 1935. Between Feb, 18, 1935, and September of last year the R. A. made him seven loans for a total of $759.97. He bought 'a team, three cows, three brood sows, a few chickens, necessary food for his meager livestock and his growing family. His landlord matched some of his purchases. As Winnie Friedrich stood there | with shoulders erect in the pride of. Liz accomplishments, he took inventory of his stock today:

in their

creased purchases have pushed Phillips gasoline sales to an all-time peak in the

company’s history.

It has been an exciting, dramatic year. with ‘the problem

A year filled

w # =

My Goal Now,” H

There’s work for everyone, a bit of play, too, on the farm of Winnie W. Friedrich on Keystone-av extension. His family helped him win a good fight against the depression, Mr, Friedrich is shown, No. 1,

feeding some of his 100 hogs.

In No. 2, Jimmy and Regina (she’s

only 4) are holding “Nellie,” a colt which arrived since the Friedrichs started their climb up the farming ladder. In No. 3 is the oldest of 10 children, Mary, holding one of the cows before she starts her milking chores.

“There are two teams,” he said, “12 head of cattle, 100 hogs, six or seven dozen chickens, turkeys and a lot of new equipment, too. Cultivates 105 Acres “I've had 105 acres in cultivation this year. My produce goes to the market, my grain fattens my stock and there's some ready for sale. “Those Resettlement _loans and my landlord's co-operation have given me a great start along my way to independence. I won’, and I know there’s no one ‘in that family’ of mine who will, turn backward.” Mrs. Friedrich, too, has inherited a love of the soil and rejoices in the means that have made possible a return to farm life. She works side by side. with her

“There’s a job for every one. Even 4-year-old Regina does her chore. She helps feed the chickens.” J. O. Calvin, Marion County rural rehabilitation supervisor, said: “I came out here one day and there

were seven of them all at work together. More than $200 of the loans has been paid back. The balance will be paid when due, or before, I'll gamble. There are other cases: like this, but I think this one is truly remarkable. The fortitude of father and mother is reflected in the ruggedness of the children of school age. They walk one and .six-tenths miles each day to get a bus for school and one and six-tenth- miles returning. In direct contrast with the R. A. notation when Farmer. Friedrich applied for his loan is the current notation of his case ‘record read-

husband is striving this season ing

to. repeat her last. year’s record of

Famine 1400 jars of food for. the lar shelves. “We all like to work,” she said.

They were discovering the extra value given by a gas I mr ards added energy units by the scientific Poly procéss.... a gasolfered by the wurld's arg. :

100%

“Finaneial conditi n - excellent; health excellent; le excellent; landlord more than satisfied with tenant.”

NATURE CLUB HERE IS TO STUDY. STARS

The Nature Study Club is to hold an astronomy meeting at 7:30 p. m. tomorrow at Woolen’s Gardens. Members of the club are to spend

Sunday as guests of Mr. and Mrs.

Henry W. Ballman at the Brown County cottage, “Hollyhock House.”

Mrs. Ballman is to lead a tour through Gnawbone, Stonehead, Elk-

insville and Browning Mountain. Club members who will make the

trip are asked to meet the leader,|"

Miss Bernice Hussy, Ab 7:45 a. m. Sunday at Wasson'’s. ; The club’s music committee is to sponsor a. card party at the Riviera Club at 8 p. m. Thursday.

HARVEST FESTIVAL HELD Times Special MARION, Ind., Oct. 16.—Students, alumni and friends of Marion College visited the campus today to observe the annual harvest festival. All college buildings were open for inspection.

SLUGGED BY BANDIT, "VICTIM REPORTS

"Ordered ‘into the shadow of a nearby house, Edward Bussell, 1009 Westbrook-st, was slugged and robbed of $20 by an armed bandit last night, he reported to police today. Mr. Bussell said he was walking south in the 900 block on 8. Illinoisst when his ‘assailant stepped from behind a tree. He told police he was unconscious for 10 or 15 minutes after the attack. :

Thomas Tarpey, City W and Measures Department inspector, today asked co-operati from coal buyers in an effort halt violations of the itinerant dlers statute. Handicaped by a small staff, Mr. Tarpey said it is impossible to violators as they enter the city wi coal. If buyers report sales truckmen failed to comply with the statute, violations could be stopped, he said. Mr. Tarpey pointed out that ind coal may be sold unless tripl T delivery tickets dre shown. ; town trucks must be weighed\ bes fore and after delivery, he : Trucks must be identified with three-inch lettering plainly visible: Violations Increase : If coal is offered buyers under + suspicious circumstances, ‘Mr. Tats pey suggested calling his departs ment. Short weight and irregular sales may be stopped in this way, he stated. be Increase in violations during ‘the last two weeks made necessary his appeal to consumers for c¢o-Opera tion, the chief inspector said. Out= of-town truckers have “been the chief violators, ‘many through 'ige = norance of the regulations; accorde ing to Mr, Tarpey. i

PLEDGED AT COLLEGE ‘ Louise Fowler, Indianapolis, is among Central Normal College stu= dents pledged recently by Alpha Theta Epsilon sorority at the Dans ville school. Others include Geneva Cooper, Greencastle and Jean Imel, Tell City.

T A BIG SAVING! OOM MAPLE OUTFIT

Designed for Gracious Hospitality and Dignity

Plenty of Free Parking Space

ny Room Suite

eo Salid Maple. Coffes Table. :

“e'Solld Maple B End Table. e

- @ Solid; Maple Megasine ‘Rack... :

9 9x12 Rilg iH may Amercan pattern.

6 Solid Maple Refectory : “Table. . . 7 ehh

o4 Maple Chairs. ® 8x10 Rag Rug.

$53

~All Pieces ; May Be 2 Purchased Separately

Room Complete

CONVENIENT TERMS TO SUIT YOUR INCOME

Liberal Allowance for Your Old Furniture

12-Piece Bedroom Suite “on ® Vanity ® Bench to Match. Chest ¢ Pull-sized Bed. ‘© Maple Boudoir Chair with | Chintz Covered Seat and Back Cushions, ® 3 Oval Rugs. " @ 2 Maple Boudoir ® Coil Spring ® Mattress.

| Completes $73