Indianapolis Times, Indianapolis, Marion County, 14 April 1938 — Page 1
SCRIPPS — HOWARD §
EXPECT 50,000 AT RITES HERE ONGOODFRIDAY
Eight Downtown Services Are Scheduled Between Noon and 3 P. M.
MINUTE SILENCE ASKED
Three Church Choirs ta Give ~~ Passion Week Plays And Music.
Indianapolis churches, Catholic and Protestant, today prepared for city-wide observance of Good Friday. An interdenominational committee of clergy and laymen estimated that more than 50,000 persons will attend religious services. Indianapolis Railways officials said all street cars and busses will be halted for one minute at 2:59 p. m. and all persons unable to at-
tend services have been asked to observe one minute’s silence at that time. All Court House and City Hall offices are to be closed from noon to3 p.m Eight downtown services will be held between noon and 3 p. m. Catholic services are to be at St. John’s beginning at noon, and at Obelisk Square of the World War Memorial at 2:15 p. m., sponsored by the Knights of Columbus.
Special Services Planned Protestant services are to begin at noon at B. F. Keith’s and English’s Theaters, at Christ Episcopal Church, at St. Paul's Episcopal Church, at the First United
Lutheran Church and at Wheeler City Rescue Mission. At English’s Theater the speakers and their themes will be: Dr. Orien W. Fifer, Christian Advocate editor, “A Redeemed Humanity Through the Cross”; Dr.. Robert S. Mosby, Simpson Methodist Church pastor, “Crushed Hcpes Before the Cross,” and the Rev. Harry G. Rowe, Emerson Avenue. Baptists Church pastor, “Scoffing Hatred Before the Cross.” The same topics are to be discussed at Keith's by Dr. William A. Shullenberger, Central Christian Church pastor; the Rev. Henry E. Chace, Washington Street Presbyterian Church pastor, and Dr. Charles H. Winders, Downey Avenue Christian Church pastor. Churches in "all sections of the City also have planned special - services. The East Side Council of Churches ‘will sponsor union services at the Westminster Presbyterian Church from noon to 3 p. m. Churches forming the Council are: Brookside: United Brethren, Pirst 'Reformed, Centenary Christian, East Tenth Methodist, East Park Methodist, Heath Memorial M. E, First Free Methodist, First Nazarene, Beville Avenue Evangelical, Woodruff United Presbyterian and the Woodruff Place Baptist. The Carrollton Avenue Reformed and Evangelical Church drama league, assisted by. the church’s vested choir, is to present a play, “Release,” at 7:45 p. m.
Irvington Services Set
At the Meridian Heights Presbyterian Church, the choir is to present “St. Matthew's Passion” at 8 p.m. The church’s annual candlelight communion service is to be held at 7:30 o’clock tonight. The Irvington Union Good Friday service is to be held from 1:30 to 3 p. m. at the Presbyterian Church, Johnson and Julian Aves. . Prentice Presbyterian Church is to hold Good Friday services at 7:30 p. m. with the Rev. A. L. Miyat, Greenwood, as speaker. The Third Christian Church was to hold its annual Woman's Missionary Society sacrificial luncheon at 1 p. m. today, the annual candlelight communion service at 7:30 o'clock tonight, and a special (Turn to Page Three)
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Books IEE EERE 13 Broun ....... 14 Comics ess nee 21 Crossword 15 Curious World 21 Editorials .... 14 Financial .... 15 Flynn 14 Forum ...... 14 Grin, Bear It. 21 In Indpls..... 3 Jane Jordan.. 13 Johnson ..... 14 Movies ... 16, 17
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Mrs. Ferguson Okituaries ... Pegler ..cecee Pyle cosceners Questions .... Radio ....... Mrs. Roosevelt Scherrer. .... Serial Story.. Society ...10, Sports ....18, State Deaths. wiggam .....
essssee
5 | reaches.
VOLUME 50—NUMBER 29
| FORECAST—Cloudy tonight followed by i thunder showers; somewhat cooler tomorrow.
New County Farm Bureau Heads to Conduct Probe of Road Repair Expenditures
Officials of Revamped Organization to Confer With Commissioners; Wheatley Denies Amount Has Ever Exceeded $132,000.
The newly reorganized Marion County Farm Bureau today planned “a thorough survey of County road repair fund expenditures.” Emerson Mithoefer was etected president at the organization’s first
meeting in several years last night at 610 Kentucky Ave.
A. R. Dittrich
was named vice president and Elwood Miller, secretary-treasurer.
oO bf
PATRICK HEADS HENRY BACKERS
Democratic Committee to Lead ‘Campaign of Dignity’ for Sullivan.
Fae W. Patrigk, attorney and United States Commissioner, today was named president of the Henry-for-Mayor Club, organized to sponsor the Republican mayoralty candidacy of George A. Henry. Other officers are William Fahey, vice president; Florence Thacker, secretary, and “Delbert O. Wilmeth, former city judge and Congressional
nominee, treasurer. : Meanwhile, the Marion County
Democratic Committee issued a for-
mal statement, declaring it would proceed with a primary campaign “symbolic of the dignity, reputation, character and record of its mayoralty candidate, Reginald Sullivan.”
Lauds Sullivan Record
william E.. Clauer, committee chairman, said: “Mr. Sullivan was. drafted as the party’s candidate because his record as Mayor from 1930 to 1935 stood out in the history not only of the city but of the nation as a new high in municipal administration.” He gave the office the dignity and prestige it deserves, and our campaign will be as orderly as his conduct in office was orderly.”
Other political developments include: 1. Sheriff Otto Ray, Democratic mayoralty candidate, forecast that defeat of the Kelly-Nash machine in the Illinois primary Tuesday would be duplicated in Indianapolis May 3. | 2. Indianapolis’ voters, who are really the city’s stockholders, should not sit idly by on primary day and permit minority stockholders to run the corporation’s affairs to suit themselves, Earl B. Teckemeyer, Republican mayoralty candidate, asserted at a campaign meeting.
Mrs. Raniier Named
3. Mrs. Mary E. Ramier, attorney, has been named chairman of the Woman Speakers’ division of. the Wolff-for-Mayor Clubs by supporters of Herman C. Wolff, Republican mayoralty candidate. 4. Speaking at a meeting of organization workers, Andrew Jacobs, Democratic Prosecutor candidate, said he would not tolerate ‘the spectacle of responsible residents of this community being dragged to jail on petty misdemeanor charges to await trial,” adding that nine out of 10 such persons would appear for trial without any bond. 5. A group -of Republican candidates spoke last night at the McKinley Club and at a meeting of Ninth and 10th Ward workers at the Dearborn Hotel. Among those speaking were Edwin J. Haerle and Russell I. Richardson, both candidates for Prosecutor; Wilbur A. Royse, for judge of Superior Court 1, and Mr, Henry and Herman C. Wolff, for Mayor, and J. W. (Bill) Ebaugh, for County Auditor. Mr. Wolff, outlining phases of his platform, said the complete platform would be submitted to the voters later in the campaign. “If nominated and elected,” he said, I do not intend to go into the Mayor’s office’ with the weight of a lot of impossible promises on (Turn to Page Four)
SHOWERS TONIGHT; COOLER TOMORROW
TEMPERATURES
61 10 a. m 63 11 a. m.... 65 12 (Noon). 69 1pm. ..
73 5 75 75
The Weather Bureau today predicted thunder showers late tonight and somewhat cooler weather tomorrow. The White and Wabash Rivers continued to fall at all points except in the extreme southern The White River stage here today was only 6.7 feet.
‘The Federal Government. has set out to lick the recession — and here are the men who are tackling the tremendous job. At the extreme left is President Roosevelt in a characteristically vigorous pose. In a special message today, he laun-hed a spending drive ‘to cost $4,512,- - P00,000 which he hopes will prime the ‘pumps of recovery and inject new impetus into business. Bt the President canngk aceomplish. the
The officers said they will confer with the County Commissioners to “learn how $150,000 given the County from gasoline tax revenues was spent.” “This investigation is not meant to be incriminating in any way,” one officer said. “All we want is the facts because residents in the county, do not feel that the roads show results of $150,000 worth of repair work. “Every one knows the roads are in deplorable shape and that Marion County’s share of the tax fund is almost double that of other counties.” Clarence I. Wheatley, Commission member, said “the road repair fund never has totaled more than $132,000 and I don’t know anything that would deserve an investigation.” The Farm Bureau was reorganized after almost five years’ inactivity. Two hundred members registered in a membership campaign held last month. « Charles Littler presided at last night’s meeting until the election of new officers. ’
KENNEY NAMED HEAD OF BUREAU
P. S.C. Official to Succeed Kettleborough on Legislative Board.
. Herbert P. Kenney, New Albany, Indiana Public Service assistant public counselor, today was named acting director of the Legislative Reference Bureau by Governor Townsend. :
He is to be succeeded in the public counselor's office by Charles O. Mattingly, ‘Bloomington, present commission secretary. William A. Stuckey, Indianapolis, wha hag been assistant .girector of
motor vehicles for the Commission, |
is to bé promoted to secretary. Mr. Kenney succeeds Charles Kettleborough, Indianapoils, who died of injuries received in gn auto accident several weeks ago. A member of the General Assemblies of 1923, 1925, 1931 and 1932, Mr. Kenney, the Governor's office said, is regarded as-an authority on legislative procedure. During the administration of former Governor McNutt, Mr. Kenney was the “contact man” between the Legislature and the Governor's office, and checked on all bills introduced in both houses. ; Formerly associated in law practice with Senator Minton, Mr. Kenney is a former prosecuting attorney of Floyd County. He was named assistant public counselor in March, 1933. Mr. Mattingly was appointed commission secretary in September, 1936. He formerly was county attorney for Monroe County and had practiced law since 1926. Formerly connected with the Governor's commission for the adjustment of farm debts, Mr. Stuckey was named assistant director of the commission motor vehicle depart- |P: ment in 1937.
4 CARS DERAILED: REPORT MANY HURT
LOS ANGELES, Apri April 14 (U. P.). —A broken rail sent four cars of the Upion Pacific’s fast passenger train, the “Challenger,” into a ditch near the Nevada-California line early today. The railroad offices here said a number of persons were hurt but not tL nol; seriously. of.
POWER CO. CUTS OFF
- 500 MISSOURI HOMES
THAYER, Mo., April. April 14: (U. P.) — Power service to 500 homes and business houses here stopped today when the Arkansas Missouri Power Co. closed down its plant and prepared to dismantle its distribution. system. R. H. Williams, City Council president, said the action was the result of arguments between the City and the power company over plans to erect a municipal light plant. Citizens had voted a bond issue for the plant. Building started last week and engineers said it would not
-| would
THURSDAY, APRIL 14, 1938
ANGLO-TALIAN
THE FOREIGN SITUATION
LONDON — Anglo-Italian pact may pave way for - IfaloFrench understanding.
SHANGHAI—Japan, defeated in North China, may invade South China soon.
HENDAYE—Spanish Rebels 1014 + miles from Mediter. ranean, .
BERLIN—U, S. Ambassador ‘infers criticism of Nazi policy.
PARIS—Government = arbitrating sit-down strikes.
LIMA—U. 8. Ambassador warns against invasion from Europe.
Chamberlain to Send Mussolini Greeting
(Copyright, 1938. by United Press) LONDON, April 14.—Great Britain and Italy hope to initial Saturday.a broad and detailed friendship agreement which is regarded here and in Rome as a most important first step dlong the road toward European appeasement, it was learned today. So confident are the Governments that the treaty will be ready for initialing that they have made arrangements to issue the text of approximately 7000 words at London and Rome Saturday afternoon, it
‘was understood.
The treaty will be supplemented by a warm personal message from Prime Minister Neville Chamberlain to Premier Benito Mussolini, it was said in well-informed quarters. This message, to be delivered personally by Leslie Hore-Belisha, War Secretary, expresses gratification at the conclusion of the treaty and emphasizes the hope that it will lead to the re-establishment of firm, lasting, cordial British-Italian relations, Mr. Chamberlain told the House of Commons today that Mr. HoreBelisha would visit Mussolini on his way back from Malta, where he went today to inspect fortifications.
French to Exchange Visits
Mr. Hore-Belisha is to continue on to Paris to confer with Premier Edouard Daladier and Foreign Minister Georges Bonnet. This confer-
ence, is expected to pe preliminary ‘a visit to Lindon: by Messrs. tier and Bonnet, to discuss alt angles of British-French relations. The sequel may be a FrenchItalian friendship agreement that supplement the BritishItalian treaty and leave the democracies in much stronger diplomatic position. So pleased were Britons at the Italian treaty that they were already talking of the possibility of British-German negotiations within the next few months. Count Galeazzo Ciano, - Italian Foreign ‘Minister, and Lord Perth, British Ambassador, conferred at Rome: last night, ‘clearing up the last minor points in the new treaty. Agreeing tentatively to initial the treaty Saturday, they were understood to have decided that if it proved impracticable to initial the
20 or 21, after the long European Easter ‘holidays. Before the treaty can be signed formally, and thus enter into full effect, Britain must arrange at the League of Nations Council meeting May 9, for recognition.by the great
pia, and Mussolini must withdraw his “volunteers” from Spain. Expected Terms As outlined in authoritative quarters, the British-Italian treaty will cover in its text proper and annexes, the following points: (1) Britain and Italy will respect their present positions in the Mediterranean and Red Seas: (2) Italy will disclaim any territorial or political designs in Spain or Spanish possessions,
| each other's shipping in the Mediterranean, the Suez Canal and the Red Sea; (4) the frontier of Ethiopia will be delimited as part of an agreement to prevent gun
territory into Ethiopia; (5) Italy will agree to adhere to the Montreux convention regulating navi-
Bosporus; (6) Italy will adhere to the American-British-French naval limitation treaty of 1936 (Germany and Russia already have adhered); (7) Britain and Italy will exchange information regarding fortifications and naval, aerial and military forces in the -Mediterranean and Red Seas, with the provision that plans for fortification of certain strategic points will not be affected; (8) Italy’s rights, diplomatic and
be completed for four months.
. THESE LEADERS 10 PUSH GRANT OF BILLIONS WHICH . . . . .
(Turn to Page Three)
pact then they would initial it April
powers of Italy’s conquest of Ethio-
(3) Britain and Italy will agree not to interfere with
running from British East African:
gation of the Dardanelles and the,
R0OS
Warns Aggressors to] Avoid Western Hemisphere.
RECALLS IDEALS Says 21 Republies
Show Rule of Justice.
~ (Text, Page 15)
WASHINGTON, April 14 (U. P). —President Roosevelt warned the world today that the peoples of the Americas will not permit aggressor nations to threaten the peace of the
Western Hemisphere. In an address before the PanAmerican Union governing board, broadcast by short-wave radio throughout the world in observance of Pan-American Day, he asserted that the 21 American nations “are firmly resolved” to maintain peace. “It (peace) shall not® be endan-
own family; and we will not permit it to be endangered from aggression coming from outside our ‘hemisphere,” he said. - He reiterated this country’s “good neighbor” policy in its relations with Central and South American countries and cited this hemisphere’s successful “demonstration that the rule of justice and law can be substituted for the rule of force.”
Asks for Strength
these amicable relations and independence of the nations of the Western Hemisphere may entail sacrifices—even the sacrifice of life Atself, “Fortunate in ‘being remote from the tumult of conflicting doctrines and from the horrors of armed con-
American... re ne ess,
tfdde-a grave “test,” : Mr. Roosevelt:
said. “If our good fortune is to continue, our will must be strong. “All of us gained independence because our fathers were willing to sacrifice their lives and ,all they possessed for a great ideal. Some part of that duty to sacrifice rests also on us. ... We are vitally concerned with preserving : the high
| standards of international AT
and morality, which the lesson o centuries has taught is the first requirement of peaceful relationshi between: nations. | “Now, more than ever “before, ‘w of ‘this American hemisphere, m make plain that these principles, upon which so great a civilization i founded are vibrant, productive and dynamic. © National and interna-
weaklings; they are signs of serene strength—confidence in our purpose and ability to maintain independence and Democracy.”
‘Learn Way to Peace’
The peaceful relations among American republics are not. the result of different human beings or conditions that exist elsewhere in the world, he said. “We have the same problems, thé same differences, even the same material for. controversy which exists elsewhere,” he said. “Yet, we have undertaken contractural ohligations to solve these normal human differences by maintaining peace; and that peace we are firmly resolved to maintain. « “We have worked for it, created it, and we now glory in it. Properly, therefore, Pan-American Day is set aside as an annual testimony to the
family of nations has for the world. “The 21 American republics present proudly to the rest of the world a demonstration that the rule of justice and law can be substituted for the rule of force; that resort fo war as an instrument of policy i not. necessary; that iterations] differences of all kinds can be solved through peaceful negotiations; that the sanctity of the pledged word faithfully observed and generously interpreted offers a system of security with freedom.”
JUDGE ANDERSON RALLIES Slight improvement in the condition of Albert B. Anderson, former U. 8. Circuit: Court judge here, was reported at St. Vincent’s Hospital today. His condition was still etitical, thiweyst: hospital attaches
| said.
gigantic and complicated task alone, and the first men he must turn ust, be raised to cov to for assistance are the “Big Four” in Congress—Vice President John | Henry Morganth: Bankhad ;
Garner, president of the Senate; Speaker William B.
of the
House; Majority Leader Alben Barkley of the: a . Majority |
Leader Sam Rayburn of the
the House. After
ture. Jt 181
gered by controversies within our |
He warned that preservation of.
flict—from the tragedies whose shadows lie heavy on the world, the:
tional. law are not the restraints of
significance which the American.
as Second-Class Matter
Entered Pe Indianapolis. In
at Postoffice,
Highlights
ASHINGTON, April 14
FINAL
PRICE THREE CENTS
FOUR BILLIONS FOR RECO DECLARES AMERICAS WANT PEACE. |
of Message
(U. P.)—Highlights of President
Roosevelt's recovery and relief message follow:
“Current events, if allowed to
run undisturbed, will continue to
threaten the security of our people and the stability of our eco-
nomic life.”
“I believe that improvement in Government and business
practices must go hand in hand with recovery.”
“The problem calls for action the people.”
ET us unanimoisly recognize
2
both by the Government and by
the fact that the Federal debt,
whether it be 25 billions or 40 billions, can only be paid if the nation obtains a vastly increased citizen income.”
“There can be no dictatorship by an individual or by a group in this nation, save through division fostered by hate. Such di-
vision there must never be.”
“Let every labor leader find not how work can be stopped, but how it can be made to proceed smoothly, continuously and fairly.”
Congress O. K. Expected: Bankers Fear Inflation
&
‘Pump-Priming’” May Hurt Money, Committee Declares.
(Editorial Cartoon, Page 14)
EDGEWATER PARK, Miss. April 14 (U. PB.).—The executive council of the American Bankers Association: said today that large-scale “pump-priming” by, the Federal Government would “almost inevitably impair the value of our money” unless it was accompanied by “full restoration of pusiness confidence.” The council said: : “We cannot continue indefinitely to pile up the public debt without decreasing the purchasing power of the dollars which compose the debt. . “The only condition under which 4 Federal Spending program might now contributed to bringing about a lasting business recovery is. the creation by Federal Government of co-operative relations between itself and private enterprise that wiil create confidence in the prospects for future profits.”
Ayres Heads Commission
The council’s report was drafted by the association's economic policy commission, headed by Leonard P. Ayres, Cleveland Trust Co. vice president. It was adopted by the gouncil at its annual spring meeting. The report continued: “Economic pump-priming in our time is the attempt to spend our way back to prosperity by the lavish use of borrowed funds. It goes beyond the necessary relief of unemployment, and aims to revive business by a widespread distribution of purchasing power which will create a demand for goods. “It assumes that if a renewed flow of the production and distribution of goods can be created, the natural operation of supply and ‘demand will sustain and continue the process, and durable recovery will get under way. “The real issue of recovery that is now before the American people is that of exerting every effort to make sure that measures of temporary relief through Federal spending shall be united with measures of permanent relief through encouragement of private enterprise. “Federal spending will not successfully prime the business pump until conditions exist which will permit business to be self-support-ing and to make normal profits and to restore normal employment. “Another period of ‘large scale pump-priming not accompanied by a full restoration of business confidence would’ almost inevitably impair the value of our money.”
CREAM PUFFS LEAVE ONE DEAD AND 16 ILL
LORAIN, O., April 14 (U. P.).—An 18-year-old girl was dead today and 16 other persons ill as the result of eating cream puffs which City Health Commissioner. Lloyd Adair said contained poison.
The victim was Angeline Cambrai, :
who died of ptomsaine poisoning. Those ill include her mother, Mrs. Prank Cambrai, and her sister, Frances. The other victims live in widely separated sections. ‘Mr. Adair ordered three ‘retail
VanNuys Wants Earmarking; Halleck Quotes 1932 Statement.
WASHINGTON, April 14 (U. P.). —Partisan comment greeted President Roosevelt's lending-spending-credit expansion program today on Capitol Hill but New Deal leaders were confident the recovery. effort would not materially delay adjournment. Senate Majority Leader Barkley (D. Ky.)—“I think that it is a very reasonable - and constructive program. A big part of it is to retain the program that is now in effect. The only thing really new is the $1,500,000,000 for the Public Works program.” Senator VanNuys (D. Ind.)—I am in favor of earmarking the funds, especially those. for Works Progress Administration so it won't be wasted. ad ‘Rep: Charles A. Halleck (R. Ind.) —I suggest that the President take an aftérnoon off and read what he said in 1932, that he considered reduction in Federal spending the greatest aid to recovery. They talk about pump-priming — — why don’t they get the pump in shape? Rep. Robert F. Rich oD I Pa.) told the House today that what business needs .is a “man in the White House who knows the value of trying to meet a payroll.” Rep. John O'Connor (D. N. Y.)— Priming the pump won’t do any good, if there’s no water in the well: “We. should first see that there's water in there, by restoring confidence.”
House Majority Leader Sam Rayburn (D. Tex.)—I think the message was a masterful portrayal of the conditions that confront the country at the present time and in my opinion, if carried out by enactment of | Congress, it will greatly facilitate recovery by creating work, enhancing opportunities for business and creating confidences. Rep. Wright Patman (D. Tex.)— A wonderful message. I think it will break the backbone of the depression. : .House Minority Leader Bertrand H. Snell (R. N. Y.)—The whole statement is so involved that. it-is almost impossible for a man tol comprehend it in a short time. One thing I noticed is it takes the lid| off Government spending, while I wish he’d encourage the people by spending less. The resources of the Souniry are pretty nearly running ry Senator Copeland (D. N. Y.).—It was definitely an appeal for help, and an admission of the failure of past overreaches efforts. Senator Harrison (D. Miss.)—I didn’t hear it. I am busy on other things right now. . Senator Vandenberg (R. Mich.)— I applaud the President's recognition of the new depression and his purpose finally to attack it. But I must reject his renewal of profligate spending,
HOSPITAL TO ENLARGE
WASHINGTON, April 14 (U. PJ). —Rep. Louis Ludlow (D. Ind.) announced today the Veteran's Administration had advised him it planned to increase in 1940 the bed capacity of the Indianapolis Veterans Hospital. The extent of the
outlets of a baking firm closed.
increase was not stipulated.
THEY WILL PROVIDE . 10 BE SPENT BY AGENCIES THESE MEW CONTROL .
VEL] PROPOSES SPENDING
ERY:
Y Bowuests Congress to
Boost Budget to Record High.
PWA IS REVIVED
Fireside Chat Tonight To Take Issue to People..
(Text, Page Seven)
NATIONAL AFFAIRS PRESIDENT outlines lending-spending-credit drive for recovery. PAN-AMERICAN peace record cited as example for world. CONGRESSIONAL leaders believé spending will be approved. BANKERS WARN “pump-prim-ing” may impair money. NEW DEAL FIGHT with Congress to be taken to people. WAGE-HOUR BILL draft agreed upon in committee.
WASHINGTON, April 14 (U. P), —President Roosevelt proposed to
Congress today a $4,512,000,000 lend=
ing-spending-credit expansion proe gram that would launch the greate est Federal expenditures of the New Deal 'in. a pump-priming drive against depression.
The new program would boost Federal 1939 budget year expenditures to a minimum of $8,881,000,000 with possible spending likely to top nine billion dollars for the first time in peace-time history of this Gove ernment. Largest previous Roosevelt spending budget was that for 1936 when $8,476,000,000. was dispersed. On the face of today’s proposals, which would utilize every nest-egg resources of Government, it could be demonstrated by arithmetical calculation that the budget deficit actually and ultimately would be increased only a matter of $612,000,« .000.- . That ealculation, however, put the future in the best possible light. The facts appear to be that the effect of this program on Treasury books ‘depends: on so many factors it scarcely can be calculated accure ately for the present.
Few Laws Required
Fiscal experts, assessing monetary implications of the new Roosevelt program, said :it would. provide potential expansion of the nation’s credit: base to allow ‘upwards of twenty billion dollars new credit. ‘This calculation was based on a Roosevelt proposal for relaxation of bank reserve requirements by 750 ‘million ' dollars and new Government speéading of more than two billion dollars. Little legislation would be required for the proposed program, The appropriation for new spending
would be provided in an omnibus
"deficiency appropriation bill. Minor amendments to the U. S. Housing Act and the PWA ‘Act would he necessary to. allow new loans for slum clearance and housing projects and to authorize PWA to lend money to Government subdivisions without interest. Coupled with the huge new pumpe priming proposals was a strong plea by President Roosevelt for an armistice between labor and industry, ‘He called on labor to “find not how work can be stopped but .how it can. be made to Prucesd smoothly, continuously and fair
Asks Curb of Abuses
“Let every businessman,” he said, ‘“set out to use his strength of mind and heart. and his confidence in his fellow man and his country. Let every public official consider that his task is to use his authority so that the service he renders is adapted to curbing abuses and ‘helping honest effort.” : His plans would revive the tactics by which the Administration aided business from the -depths in 1933, But associates said the net increase in the national debt woiilld not exceed one billion dollars. The program would involye use of the ‘Administration’s = $1,400,000,000 gold nest egg. Mr. Roosevelt, working until 2: 45 a. m. today to reshape his plans after conference with Congressional leaders, will go on the air at 9:30 p. m. (Indianapolis Time) tonight
to rally popular support for the New
Deal against an economy-minded {Turn to Page Three)
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