Indianapolis Times, Indianapolis, Marion County, 4 February 1938 — Page 9

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FRIDAY, FEB. 4, 1938

CREDIT UNIONS T0 BE PROBED BY TAX BUREAU

Not Exempt From Gross Income Levy, Jackson Says, Of Loan Groups.

Gross income tax investigators will make an inquiry into the operations of credit unions in the near future, Clarence A. Jackson, Gross Income Tax Division director, said today. The organizations, he said, lend money and extend credit on security to members who acquire stock through fees and deposits. “Such financial organizations are subject to tax on their gross earnings,” Mr. Jackson said. “None has been exempt from taxation. The fact that these organizations deal only with members does not alter in any way their liability under the Gross Income Tax Act. . “Many may have felt that they were entitled to exemption on this basis, and due consideration in the matter of penalties will be given to those filing returns promptly. “Finance companies as a class are paying their tax and every effort possible will be made to see that those in competition pay theirs.”

STATE PRINTING STUDY STARTED

Governor Names Committee To Draft Proposed Law Changes.

A four-man commission named by Governor Townsend today prepared to study Indiana’s law governing State printing contracts and submit recommendations to the 1939 Legislature proposing changes to eliminate alleged “discriminatory and unfair provisions.” The committee is composed of Wray Fleming, Shelbyville, Hoosier Press Association president; Jack Dolan, Hartford City, Indiana Democratic Editorial Association president; Walter H. Crim, Salem, Indiana Republican Editorial Association president, and William Cosgrove, State Board of Accounts head. The appointments followed ecriticism of the law yesterday by the Governor. He attacked the unit bidding provisions of the statute. Under the law, bidders cannot submit prices for single items but must seek the entire contract. The bidder with the low average price for all items generally wins the contract. The Governor also proposes to eliminate this system from the State Purchasing Department, under which he said ‘great abuses have developed.” Dick Heller, executive secretary to the Governor, and Charles McAlpin, State purchasing agent, were instructed to study the purchasing practices.

F. D. R. CRITICIZES ICKES’ DISMISSALS

Times Special WASHINGTON, Feb. 4.—President Roosevelt, it was reported’ today, has personally remonstrated with Secretary of the Interior Ickes for ousting the office force of Undersecretary of the Interior Charles West while the latter was absent. Meantime, despite Mr. Ickes’ obvious enmity, Mr. West is still Undersecretary and it seems evident that the White House has no intention of allowing the Secretary to force him out. West would remain on the job unless the President desired it.

MODERN LITHOGRAPHY T0 BE LECTURE TOPIC

“Developments in Lithography” is to be the subject of a talk by Royal C. Hohenthaner of the G. Cramer Dry Plate Co., St. Louis, Mo., before the regular monthly meeting of the Indianapolis Club of Printing House Craftsmen tonight at the Washington Hotel.

PLAN SHELBY FOX HUNT SHELBYVILLE, Feb. 4—A gunless and dogless fox hunt is to be held in the southeastern corner: of Shelby County tomorrow. The Noble Township Parent-Teachers’ Association is sponsoring the drive. Proceeds will be used to buy supplies for the school kitchen.

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diphtheria and other germs. Dr. School 50, while the girl's mother, clinic.

TOWNSHIP SCHOOL APPROVED BY PWA

Contracts for the erection of a consolidated school in Pike Township had been approved today by the Public Works Administration, D. R. Kennicott, regional director, announced. Successful bidders were: General construction, J. L. Simmons Co., Inc, $92,365; heating, ventilating and plumbing, Freyn Bros. Inc. $21,992.48, and electrical work, Porter, Glore & Glass, $2600. All are Indianapolis firms. The building will cost more than $115,000, of which $65,700 will be in PWA grants.

DISCUSS PLANS FOR MISSION CAMPAIGN

The men’s division of the Wheeler City Rescue Mission building program finance drive was to meet in the Y. W. C. A. at noon today. The campaign opens Feb. 21. Arthur R. Baxter, general chairman, addressed about 200 women workers on campaign plans at a meeting yesterday in the Mission.

MECHANICS PLAN DANCE

The Junior Order, United American Mechanics, is to hold a free dance tonight in the hall, 131 E. New York St.

Throat cultures of Indianapolis school children are taken to detect

W. S. Zarick deft), public schools

physician, takes a culture from Evelyn Legg, 109 S. Hancock St., at

Mrs. Harry Legg, visits the school

Children are given first-aid treatment for minor injuries by school

FLOOD FINANGING SURVEY TO BE MADE

Army Engineers to Check on Attitude of Valley Cities.

Times Special WASHINGTON, Feb. 4—A checkup of all cities and towns in the Ohio River valley which are ready to finance rights-of-way for flood walls and levees is to be made at once by the Army engineers, Rep. Eugene B. Crowe announced today. This assurance was given a committee of Ohio valley congressmen by Lieut. Col. William A. Snow at Army Engineers headquarters here, Rep. Crowe explained. He is chairman of the committee and was accompanied by eight other congressmen. After the survey is completed, the matter will be discussed with Rep. Whittington (D. Miss.), chairman of the House Flood Control Committee, with the idea of drafting a new bill embodying projects that can proceed at once, Rep. Crowe said.

THE INDIANAPOLIS TIMES

Examinations Safeguard Health of Pupils Here

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PEOPLES en's Shop $27.50 to $32.50 THREE-PIECE

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nurses before being sent to their family physicians. Donald Royer, 520 Eastern Ave. (right), is treated for a finger injury by Miss Enola Snod-

grass, School 15 nurse.

Dr. Herman C. Morgan, Health Board secretary, has praised the division as “responsible for the record that no Indianapolis school has been closed because of an outbreak of contagious disease.”

MUNICIPAL LEAGUE ASKS RELIEF HELP

The Indiana Municipal League will seek a more liberal interpretation of the 1937 tax limitation law as a means of solving relief probiems, W. Vincent Youkey, Crown Point mayor and League executive secretary, said today. The League will ask county and township officials, mayors, city engineers and attorneys to participate in discussing the matter with Governor Townsend soon, Mayor Youkey said.

DEPOSITORS TO GET ° $160,000 DIVIDEND

LAFAYETTE, Feb. 4 (U. Depositors of the defunct Tippecanoe County Loan & Trust Co. will receive an additional 15 per dividend of $160,000, it was announced today. The announcement was made fol-

four cases in Circuit Court here. This will bring the total paid to 40 per cent.

Heath Memorial Baptist Church women are to sponsor a dinner tonight at the Food Kraft Shop.

Helen Thomas Martin will entertain.

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SIGNS LABOR AGREEMENT

The State Labor Division issued a statement today that H. N. Oakley, Terre Haute, operator of the Oakley meat market chain in the Wabash Valley, has signed a closed shop agreement with the Amalgamated Meat Cutters & Butchers, Local 398, an American Federation of Labor affiliate.

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