Indianapolis Times, Indianapolis, Marion County, 15 October 1937 — Page 19
FRIDAY, OCT. 15, 1987
U.S. HOME LOAN UNIT OBSERVES 3TH YEAR HERE
$536,000 in Dividends Have Been Paid Since Its Organization.
The Indianapolis Federal Home Bank celebrated its fifth anniversary today. Since its organization dianapolis institution has paid dividends to the Federal Government and t6 member institutions totaling $536,880.61. More than & 1000 loans amounting to more than $23,000,000 have been advanced to member associations. The local home loan bank serves home-financing institutions in the Sixth Federal Home Ioan District comprising Indiana and Michigan,
FCC CHANGES IN
the TIn-
POLICY MAPPED
Commission Reorganization Announced by McNinch, Chairman.
WASHINGTON, Oct. 15 (U.P). —
Chairman Frank R. MeNinch initi- |
ated today & reorganization of the Federal Communications sioh which portended far-reaching policy changes. Mr. MeNinch's first drastic step as the President's “trouble shooter’ indicated that he was prepared to uproot Commission policies which have brought threats of a Congressional investigation. Elimination of the broadcast, telegraph and telephone divisions will end “divided responsibility’ among the commissioners and Mr. McNinch declared that the Tesull should be unified control of the nation's communications, The three will be dismissed Nov. Mr. MeNinch's announcement are: A. 'G. Patterson of Alabama, director of the telephone division; John F. Killeen, director of the broadcast division, and Rober! Bartley, director of the telegraph division Hits ‘Unnecessary Responsibility’ On & particfelt a natural rence to inquire into the work mitted to others,” Mr. MceNinch they were denied effective expression of their views
upon pending matters
sult of
‘Commissioners not
r division have ed, ‘hence
§ condemned the unnecessary load of responsibility execeising of an undesirably portion of the power” prevadivided commission
He particularly
under the
With 1 OO & seven-man
bear his
the reorganized each comportion of policies formulated rv body, and the seg1 conservatives will be
commission body, missioner will responsibi Ity Ot bv the regulate regafion of liberals o1 into & particular division
eliminated.
STATES TO CONSIDER CONFLICT ON TRUCKS
Frank Finney, Indiana motor ve- | hicle commissioner, is (0 meet next week with commissioners from four discuss disagreeand commer- |
other states to
ments over licensing cial truck operations At a conference commissioners discussed status of “truck brokers. Agreements | have permitted truck owners have. ing licenses in one state to operate n However, some firms have leased trucks in one | state and operated them in another, leading to disagreements, Mr. | Finney said. | He said an interpretation of the | term “leased vehicle” will be asked | from the Interstate Commerce | Commission. | |
vesterday, the
the
other states
400 PIGEONS IN SHOW PITTSBURGH, Oct. 15 (U.P) =| Mare than 400 birds, many of them owned by delegates tO the 27th annual convention of the American | Racing Pigeon Union, were entered | today in the Pittsburgh Tracing |
pigeon show, | |
Thanks, Mr. Hay!
myself, and I find that REL effective relief | for head-colds, Tt shrinks the inflamed
membranes
['m & druggist 1S & very an Of the geome A +} wshorsted BOG Y note, the congested ) i nasal passages are i St instantly cleared, and breaths i
ing becomes easier.”
I" i. x stant new development yf head-colds, REL reduces sases the mucus , clears breathing easier! 30c and
INDIANAPOLIS To FORT WAYNE
$ 30 Round
— Trip
® Cheaper than Driving ® Avoid Highway Hazards
* BE SAFE AND SAVE
INDIANA RAILROAD RARE
commis- |
division directors whe | 15 as a re- |
SIX PILOTS TO SEEK | WINSLOW RACE CUP
|
Six pilots of the 113th Observation | Squadron, Indiana National Guard, |
are to race 25 miles over a triangu- |
lar course &t Municipal Airport Sunday afternoon in the annual | Robert ©. Winslow Cup competition. Contestants, chosen by lot, are Maj. Oliver H. Stout, squadron commanding officer; Capt. Earl W, | Sweeney, Capt. Stanley G. LaFeber, | Lieut. Paul A. Zartman, Lieut. Rob[ert N. Taylor and Lieut Sidney | Stout. | The trophy was presented in 1938 by Walker W. Winslow in memory of his brother,
WPA WILL INSPECT AIRPORT WORK HERE
|
InAirport by | assistant Federal and other |
spection Nov, 3 and 4 of the dianapolis Municipal Corrington Gill, WPA administrator, Washington officials. The inspection is to be included | in a 21-day flying tour of airports | improved by WPA. The party Is | to leave Washington tomorrow, in{spect 40 airports and return to Washington Nov. 5. It will inspect | completed work and consider fu-|
ture aviation needs |
|
EDUCATION SOCIETY | TO HEAR DR. SCHULTZ
| The Tndianapolis Association for | {Childhood Education is to meet in| | the World War Memorial auditorium | { Monday, Oct. 18, it was announced today. “Six Wayvs of Looking at a Human | Being” will be subject of a talk by Dr. Trvin Shultz, Butler University rsychology associate professor. annual state association luncheon will be held at the ‘Claypool Hotel Oct. 21. SOCIALIST LEADER T0 SPEAK | Ernest Erber, Young People’s So- | cialist League national chairman, is to speak at 8 p. m, Sunday in Room 27, 29 S. Delaware St, under auspices of the Marion County Socialist Party. He is to speak on “War In China and Spain—Will Tt { Become a New World War?”
John K. Jennings, Indiana WPA | head, today announced formal in- |
LECTURE SERIES TO OPEN SUNDAY,
land other organizations to prepare
Initial Program Is Set for: newspaper Lew Wallace Study in | evening for a period of 15 weeks.
Crawfordsville.
Times Special |
BLOOMINGTON, Oct, 15—Ross
Lockridge, head of the Indiana Uni- Ys M. BICYCLE TOUR
sites |
versity Foundation historic project, today announced & series of | lectures to be given on the actual sites.
His first program is to be Sunday | plan to leave early tomorrow on a study, | trip through Brown County.
in the ‘Gen. Lew Wallace
Crawfordsville,
| enrollees from Waveland and Leba-
non are to attend.
speak at TLochry's ‘Creek, near
[ Aurora, scene of an important In- |
dian pattle. Tuesday he is to continue to Clarksville and conduct a
program where Gen, George Rogers |
Clark built his log cabin home. The |
| boat-landing used by Abraham Lin- |
¢oln near Rockport will be the scene of a campfire address Wednesday | night. | George T. Heighway, Poundation | secretary, announced such programs |
|
| will be given at any historic spot on |
the request of schools or clubs ine | terested in a particular phase of | carly Indiana history |
ORANGES HAVE AN
(IMPORTANT TO COLD RESISTANCE)
=~PEARSON'S OPEN TONIGHT TILL Gum
JUST 2
More than 200 COC | cam
Monday night Mr. Lockridge is to EGGS 24... Doz.
Henry Ozanne, Indianapolis newspaperman, has been appointed to teach a course in journalism to be offered by the Y. M. C. A. evening schools starting at 7:30 p. m. today. The new course has been designed to assist members of clubs, churches
items. The class will meet for two hours each Friday r. Ozanne has had experience on staffs of leading newspapers in many cities of the United States
THE INDIANAPOLIS TIMES
| | 'JOURNA COURS HISTORIC SITES J a BE OFFERED ep
THE LARGEST STOCK OF
|and on the Paris (France) Herald.
SET FOR Tonerpod
| Rh | Y.M. C. A bicycle club members |
| | | a |
Fresh
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PAGE 19
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