Indianapolis Times, Indianapolis, Marion County, 19 July 1938 — Page 6

nACT ®

TUESDAY, JULY 19, 1938

surréndered. He had only a moat! COOKS DINNER FOR 6 AT 100 penknife that Inspcetor Mullin said AVOCA, N. Y., July 19 (U. P.) — could not be classified as a weapon. | nr. pater Wyckoff celebrated her

YOUTH REPORTS He is held on a $5000 bond.

j | 100th birthday today by preparing Later the youth revised his story | 5 special dinner for her family. Her | to say that his name was Barnett, son and five daughters will attend and that he was

Tells Police He Had Special | and that after graduation from an |

{ Ohio college he roamed all over the | Reason for Unarmed country unsuccessfully locking for Robbery.

THE INDIANAPOLIS TIMES DUBLIN AHEAD—FILL ‘ER UP!

PAGE 6

SEC MAY PROBE BANKS TO CURE LAG IN CREDIT

NATIONAL AFFAIRS RFC HEAD warns banks to loosen credit. TVA directors ridiculed him, Dr. Morgan testifies. GIRDLER strike policy revealed. ROOSEVELT second best fisherman on cruiser.

Jones Says Government May Compete With Banks

WASHINGTON, July 19 (U. P) The monopoly study section of the Securities and Exchange Commission plans an .investigation of banking systems to ascertain the causes for restriction of credit to business and industry, it was

GETS 5-CENT WEATHER REPORT .

a job. Rather than go home and be de- | | pendent on his mother, he said, he | decided to get sent to the peni- | tentiary where he could learn a trade, Police are checking his story, meanwhile placing nothing but a

vagrancy charge against him,

| NEXT WEEK-END

ROUND TRIP COACH FARES CLEVELAND ...... $550

RISE game YOREDOE....... ...... $825 HORLICK PROBE PRESSED { TORONTO, Ont. July 15 6»). DETROIT Lo... .. $525 |

bery.” | ==Provincial and city authorities toHe extended his hand and in it | gay tied up bank accounts of W.| For train times and other in. were two 50-cent pieces—the loot. | perkins Bull, wealthy Toronto at- | formation consult Ticket Azent Inspector Mullin sent two officers | torney, while they continued an in- | back to the Hickory Gardens, 305 | vestigation into the death of Mrs. NEW YORK CENTRAL E. Washington St., a short distance Maybelle Horlick Sidley, Racin. | . SYSTEM

A youth, about 21, well dressed and apparently well educated, walked into Police Headquarters today, stood in front of the desk of Inspector John Mullin, and said: “I have just committed a rob-

cost

from police headquarters, and Nick | Wis { < iress w Bill, the cook, identified the youth | fie img op TK I7EITesS: Who jan | as one who had come in at 6 a. m.| gu, ; | and ordered a cup of coffee. : “Then he went to the pay station | phone,” Mr. Bill related, “and said |

earned todax This was revealed after Chairman Jesse H. Jones of the Reconstruetion Finance Corp. had that the Government further into banking unless bankers lending” the nation covery You bankers know abundance of banking resources,” he said in a letter to the directors, and managing officers of all State and National banks, “it should not be necessary the Government to lend to private industry. You should also know that the Government be forced to lend so long as there is a substandemand for legitimate credit which is not being met.” Agree With Jones Although SEC officials were reIuctant to discuss their monopoly study plans, it was learned that the new division will seek to determine the extent to which large banks, banking holding companies and branch banking systems control conditions agree with Mr that there appears to be some restrictions of credit and are anxious to ascertain—for informative reasons only—whether it is the fault of the financial institut themselves or of Government examination policies nd regulations, In his letter, Mi the spearhead cf the ling phase the Administrat recovery rive, em Federal bank regulations had been liberalized and extensive in meetand in-

the business

back to re-

that without

great

f . 101

will

creqit

They Jones

10s who is

yhasized that

expressed the hope for co-operation” from banks

ng demands for business

said, “have redit requirements and are endeavoring to meet hem, but entirely too many are on the sidelines waiting.”

Dr. Morgan Says He Started TVA Work

KNOXVILLE, Tenn. July 19 (U P.).—Dr. Arthur E. Morgan, whom President Roosevelt ousted from the chairmanship of the Tennessee Valley Authority, told a Congressional investigating committee day that other TVA directors had hampered his work and had given out information designed to ridicule him. He was explaining to Congressmen what he had refused to explain to Mr. Roosevelt even when summoned to White House and asked directly what was the trouble among and Dr. H. A. Morgan and David E. Lilienthal, the other two directors The ousted

{o-

the

chairman has mainand the him for reinstatement to the chairmanship and for back salary. on that premise The Congressional hearing opened with the testimony of Dr H. A. Morgan, who succeeded Dr. Arthur E. Morgan as chairman. He told of TVA's scope and objectives: to control floods, develop navigation. prevent soil erosion and incidental to those things, to distribute cheap electrical power in the Tennessee Valley and raise the economic and Social standards there, which he said were about the lowest in the country before the advent of TVA He did mention the dispute with his predecessor, who was the next witness

ld oust

vesterda

rl not

Takes Up Charges r. Arthur E. Morgan took ) the charges made against him (Wo remaining directors qurn the committee's hearing in Washington in June They were that he had rushed the board of directors into administrative work were ready for it: that he had had unreasonable and impractical vagaries, and that he had tried to dominate the board In answer to said

Syct first

before thes

these charges. he Roosevelt had chairman several weeks before he had named the other two directors. Hence. he said by the time of the first board meeting, he had done a lot of preliminar such as making minor anpointments and surveys, and Ad paid from his own pocket for some work that needed to be started quickly He defended

ments by

that

President

chosen him as

work

ha Nac

the early saving that

appointsome of these persons were still high in the TVA and are respected. At the first board meeting, he said the other two directors had not settled personal affairs and had to back to their homes leaving him to handle TVA. It was then, he said, that he suggested that he be named general ager of TVA, as an expedient, ang

ime n* ime og

the

rush

when this plan was not concurred !

Let our

warned | would gO |

co-operated in|

| the other

man- |

As though he were going down to the beach for a swim, Douglas

Corrigan dropped a

nickel in a pay phone and asked “How's the

weather?” before taking off from New York on the flight that electrified the world. Next ews of him announced that he had crossed the Atlahtic in his 9-year-old “crate” and landed in Dublin.

- in, he recommended that a general manager be employed “Ever since 1933," he said, “articles by newspaper columnists which reflected against me, contained such confidential matter | from the TVA files that it could | not have come from anvbody but | two directors.” TVA attorneys yesterday moved to transfer Dr. Morgan's suit for reinstatement from Chancery Court to Federal Court

La Follette Emphasizes Strike Fight Cost

By HERBERT LITTLE

Times Special Writer WASHINGTON, July 19-—The of dealing with strikes In the Tom Girdler fashion is being emphasized in the La Follette Civil Liberties Committee hearings, just resumed here. For a six-day plant in Canton, Republic Steel Corp according to company

high cost

strike at its Berger O., Mr. Girdler's spent $101,035, records in-

| troduced in the hearing.

The company paid $42.228 in personal damage claims, $12447 for legal services and expense, $20,288 for patrol duty, $11,925 for housing and feeding employees, $3804 for gas and gas guns, and around $10,000 for transportation. The strike started May 27, 1935 the day the Supreme Court killed the NRA and its Section TA guaranteeing collective-bargaining rights. Charles M. White, operating vicepresident of Republic, defended the

| company’s policies and activities as

fully within Section TA—even including the famous 1934 speech of Mr. Girdler, who said he would retire to raise apples before he would deal with “professional unions.” ‘C. 1. 0. Is Kingdom’ “We believe in collective bargaining not only in theory but in fact.” Mr. White said. He explained that the company would not deal with professional unions” because that would involve “the closed shop and all its evils” and because the present C. I. O. setup “is a kingdom.” Mr. White, on the stand again today, told the Committee today that rioting and bloodshed at the Berger plant was due to a “complete breakdown of law and order.” A milk driver who witnessed the start of the strike said the first riot occurred when company guards fired tear gas at a crowd. He told his story under a protest from Republic counsel. A workman from another plant, shot as he was passing the Berger factory, also gave an eve-witness account of the affrav.

Roosevelt Catches 38-Pound Fish

ABOARD THE U. 8 8. HOUSTON, en route to Coos Isle. July 19 By Naval Radio to the United Press) —President Roosevelt hopad for better luck today on his fishing vacation in Southern Pacific waters. Thus far he has taken second honors to Col. E. M. Watson, despite the President's catch vesterday of a 38-pound yellowtail. Col. Watson pulled a 60-pound grouper from Magdalena Bav. where Mr. Roosevelt's party did most of its first day of fishing. The U. 8. & Houston will move farther soutihward today on the leisurely trip to Cocos and Galapagos Islands As he will do until he disembarks Aug. 8 at Pensacola, Fla. Mr. Roosevelt received several messages from Washington yesterday. Ome | said that Helen Keller would be unable to accept an appointment as chairman and civilian member of the committee on purchases of products made by blind persons

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As nonchalantly as any week-end pilot, Airman Corrigan paid for the gas that carried him over the Atlantic to Ireland. Bill Woolsey, the attendant, might have refused the sale, had he known Mr. Corrigan’s

destination. Once his tanks were 9-year-old plane with no radio and

” ~ »

Flier's Plane Released as H

Promises to Return on Boat

(Continued from Page One)

fly to London while he is over, here. Mr Corrigan said definitely that he would not try to flv back to New vork. An official of the Irish Department of Industry and Commerce, asked whether anv government aowould be taken against Mr Corrigan, said that none had been planned and added: “After all, it was a very creditable feat and this is not the time to discuss things like that.” |

Wants to Exhibit Plane

Mr. Corrigan himself was all ready to go. First he wants to fly to London, then to Glasgow. Scot-

land, to put his plane on view at |

the British Empire exhibition. Hundreds gathered outside the American legation for a look at Mr

Corrigan. He was in good form. He

mounted a jaunting car, the famous

Irish equivalent for a horse cab, to |

pose for photographers. Visiting government buildings today. Mr. Corrigan gave Prime Minister Eamon de Valera a first hand account of his flight Officials had a shock when thev learned that Corrigan, discussing his trans-Atlantic flight, had commented casually: “She's good enough to fly around the world.” After a night as the guest of Minister Gudahy under an informal “open detention” because he landed here from New York without a passport or other required papers, Mr. Corrigan slept until 8 a. m. this morning, and then walked in the legation grounds after reading cablegrams One from Henry Ford. But as he made his casual remark about his plane's round-the-world capabilities, some interviewers thought they detected the gleam as of a dawning idea in his eves. His exploit continued to be a sensation in Ireland and Great Britain

message was

Britain Plays Story

British newspapers smashed the story as the main one of the day and subordinated to it the historic State visit of the King and Queen to France—the first such visit of a

; British monarch since the late King

| George Vv | weeks before the World War.

went to France a few

It was notable, in the British newspaper treatment of the flight, that after mature consideration. grave doubt was expressed that Mr

Corrigan was really serious when he |

insisted that he meant to fly r.ot to Ireland but to Los Angeles. Presumably he labored under anothsr major misapprehension, because in talking of his take-off he referred to Roosevelt Field. He took off from Floyd Bennett, Last night he talked to his uncle. aunt, and 92-year-old grandmother in Los Angeles by radio telephone

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He learned that a niece, Lucille Ann, had been born since he left New York. Those at this end of the call could hear Mr. Corrigan laconically answering a bombardment of questions regarding his health and well oeing. They gathered that his grandmother was most perturbed when he admitted he had had no supper, and made him promise to eat hearty. Members of the family urged him not to fly home, “Very Boring Trip” | The United Press correspondent relaved to Mr. Corrigan a message in which his uncle, the Rev. S. Fraser Langford of Los Angeles, promised that funds would be provided | for him. “Thanks,” said Mr. Corrigan. “I have enough money for the present.” Reviewing again his flight, Mr. Corrigan said today: “It was a very boring trip. There wasn't even one thrill worth telling about. Just 29 hours of solid dullness. “When I took off from Roosevelt Field for home I went up to 6000 feet. There was a solid floor of clouds below, The old engine, which | had not seen a monkey wrench for | weeks, was ticking like a clock. “The floor of clouds must have | stretched all the way to Europe. 1 | can’t tell you, like Lindbergh did, of long stretches of waves without end.

(Lindbergh, Mr, Corrigan's hero, on his solo flight to Paris, flew for | many hours hardly more than 15 feet | above the wave tips because of dan- | ger from ice formations if he flew in the thick clouds. —Ed.) “I never saw such a thing. There I was. happy as a king, perched up 6000 feet in the clouds with more clouds below me. It was grand. There was a brilliant sun. I enjoyed it as a holidav. I sang to myself. It makes me wonder now if T would have been as happy if I had known I was above the empty ocean.

‘Old Engine Carried On’

“T thank my stars the old engine carried on. Talk about a 9-vear-old crate! She's good enough to fly around the world. | “When darkness came on. the engine kept purring away. The floor of clouds kept me from seeing anything. After 20 some hours I decided to try to get under the clouds to see where I was. I had no maps but thought I must be getting some place. “Imagine when I got down and found I was over the sea! Tt was

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loaded, Mr. Corrigan took off in a little navigating apparatus,

& i

quite calm and a nice day below the’

clouds. The sea was dotted with small fishing boats. I could just | make out land to the west. I suppose I was 50 miles or so from the coast. There was nothing to do but | keep on going. I was mighty glad | to see land. I headed southeastward | and—well, here I am. Now I've got to think about getting back. “There's one good thing—I have no wife to worry about me. and though no special girl friends, one or two will be surprised to hear | where T am.”

He had trouble dialing and gave it (up. Then he walked to the end of | the counter, and with his hand in | his pocket as though he had me { covered, announced that he was go- | ing to rob me. He took two 50-cent | pieces from the cash drawer eft.”

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“THE CALL to ACTION”

Starts

THURSDAY—9 A. M. on the Dot!

SEARS, ROEBUCK and CO. Throws 51 Years of Retail Experience Into 1938's Most Dramatic Sale

INDIANAPOLIS

BIRTHDAY

Look for Our BIG Circular TOMORROW!

8 FULL PAGE

SEVENTY THOUSAND (70,000) Big 8-Page BIRTHDAY SALE Circulars will be distributed to Indianapolis homes for this event . . . EIGHT pages filled with EXCITING values, dependable quality, correct style, and savings TOO BIG to miss .. . be sure to LOOK FOR YOUR COPY,

® Never was there a more

the lead—in Indianapolis? ® SEARS

serves

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'widespread co-operation

proval. It's bound to be

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YOU SAVE and THOUSANDS GO BACK TO WORK

the masses . store” is vitally concerned with family budgets!

and breadth of the nation . want to see such sales, which have their stamp of ap-

Merchandise for this sale was bought at the lowest prices in years — Buy now, prices are going up.

timely sale than this—MEN

WANT TO GO BACK TO WORK! ® What more logical than Sears, Roebuck and Co. taking

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® We believe this is a sound, sure way to "start the buy-

surge of economical buying humming again.

® Sears 9th Indianapolis Birthday Sale is the product of

throughout the length and . « thousands of women

a huge success!

® Civic leaders and Consumer Organization spokesmen all are urging the public to forget its fears and help the return to normalcy . . . and Sears is doing its share to

® Sears takes the LEAD . . . by offering a flood of timely, wanted merchandise at LOWER PRICES . . . so that you . .. and you . . . and you will WANT te uy « « « so that you really cannot afford to MISS suc

Interesting Facts Pertaining to This Sale. . . .

® That's the way Sears is helping to break this buying fear of the public, and by stimulating the flow of goods from surplus stocks that manufacturers have been holding piled high in factories . , . men will go back to work!

® We want to help start a real surge of buying .. . se that more and more orders can be rushed to manufac turers . . . so that production at factories can begin

anew!

® Once those factories start moving again, once those "Help Wanted" signs are hung on factory gates everywhere . . . thousands will return to work, then the country will be on the rapid road to recovery again . . . back I'to good old American Prosperity.

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