Indianapolis Times, Indianapolis, Marion County, 28 January 1939 — Page 2

other forms of transportation.

>arner Dominates | Senate After WPA ~ Economy Is Voted

Vice President Avoids Going on Record as ' New Deal Foe.

Continued from Page One)

by the Southern leaders to slap at the Administration, to call it up sharp and serve notice that. its spending must be reduced. As far as actual money gO€S, it was a sham battle. For, as Senator Bymes pointed out in closing the, debate, the President can come back, later and ask for another appropriation if this does not suffice. The * Appropriations Committee had skilfully provided that present relief rolls could not be cut. more than 5 per. cent, or 150,000 persons, before April 1, thus taking care of the winter months. Senator Adams (D. Colo), in charge of the measure, sized up the real issue just before the vote when he explained that the amount did not matter as far as the three million people on relief were concerned, that they would be taken care of, but that the major issue was to let the country know that Congress is going to put a brake on spending. This, he said, would encourage business. He predicted that four million people on relief would be absorbed in the next six months through business recovery now evident.

Townsend Hopes WPA " Fund Will Be Restored

Governor Townsend said today he hoped the House would restore the cut in WPA funds. “Knowing as I do the relief needs

of Indiana, I regret that the Senate saw fit to reduce the appropriations for WPA. I sincerely hope that this will be restored by the House. “Our relief problem in Indiana will become much more acute if sufficient funds are not voted to carry on WPA at His presen; level.”

VanNuys to Press For More Economy

Times Special WASHINGTON, Jan. 28.—Senator VanNuys (D. Ind.), who was one of 26 Democrats voting against restoring the relief appropriation to 875

> million dollars in the Senate, as-.

serted today that this is. just a sample of the governmental econ-

i omy he intends to support. -

“I was serious when I said in my campaign for re-election that my chief objective would be to reassure business and industry by practicing governmental economy and working toward a balanced budget,” Senator VanNuys asserted. “Of course I have no desire to curtail necessary expenditures for needy people, but I am convinced that 725 million dollars will be sufficient for everybody to be taken care of properly if the money is not wasted. Vast savings can be made by cutting down the white-collar overhead at WPA headquarters here and elsewhere.” Labor's Nonpartisan League, headed by John' L. Lewis, has sent out a pamphlet listing those who did and did not support the 875-million- | dollar fund in the House. In addition to Reps. Schulte and Larrabee, Indiana Democrats who voted for the larger sum, they list both Reps. Landis and Johnson, Republicans, as having done so, Mr. Landis was the only Hoosier Republican who said he at the time had supported the effort to increase the amount. League headquarters have a letter from Mr. Johnson saying he did likewise, they explained. .

Garner Escapes Vote By Trick of Time

WASHINGTON, Jan. 28 (U.P.) — The neatest trick of the week—if it was a trick—was the Senate’s agreement to vote at 2 p. m. (Indianapolis Time) yesterday on the WPA appropriation. Vice President Garner helped congservatives round up votes. Vice Presidents may vote in the Sefiate in case of a fie. So some vicarious worriers fretted about the possibility that Mr. Garner might be caught presiding over the Senate when the vote was taken and have . to decide whether to stand publicly with the Administration or against it. The 2 p. m. agreement took care of that. The hour was perfect for Mr. Garner. When the Senate voted down the New Deal yesterday the Vice President was a couple of miles away—sitting in the White House wit! th Mr. Roosevelt and the Cabinet.

Eastman Asks for

Railroad Co-ordination

ROCHESTER, N. Y., Jan. 28 (U. ° P.) —Interstate Commerce Commissioner Joseph B. Eastman today proposed creation of an independent agency to promote railroad consolidation and co-ordination. Mr. Eastman, Federal co-ordina-

~~ tor of transportation during the

. early days of the New Deal, said the ’ main cause of the railroad industry’s economic ills is the “tremendous increase” in competition from He spoke before the: City Club. He said the present rail setup produces “a vast amount of duplication and other forms of waste.” : He suggested that such an agency should plan and co-ordinate all forms of transportation—airways, highways, pipelines, and waterways as well as railroads. :

La Follette Faces

Impeachment Threat

MADISON, Wis., Jan. 28 (U. P.). —A suggestion that the Wisconsin Legislature consider impeachment eedings against Senator Roberti M. La Follette Jr. (Prog. Wis.) was injected today into the fight over President Roosevelt's appointment of Thomas R. Amlie, former Wiscongin Progressive Congressman to a post on She _Injgmstate Commerce

rial Maurice P. Pitzmons Jr. (Fond Du Lac), Demotic floor leader, made the sugon the floor of the assembly day. He provoked, he

Lion]

“lief Politics Are’ Approved.

WASHINGTON, Jan. 28 (U. P.).— The Senate today approved amendments barring politics in distribution of relief under the 725 million dollar WPA appropriation bill. Action on those amendments remaining and details of the bill was 'speeded up after Senate Conservatives, by a one-vote margin, fixed

the size of the new fund at 725 million dollars. That is 150 million dollars less than President Roosevelt sought. The no-politics amendments, offered by Senator C. Hatch (D. N. M.) were accepted without debate. They were an outgrowth of last year’s. fight over politics in relief, revelations of the campaign investi-

cial committee headed hy Senator Byrnes (D. S. C.).

$1000 Fine Provided

The amendments were: : 1. Providing a $1000 fine and a year’s imprisonment for anyone who promises employment or attempts té deprive any relief clients of employment for political reasons. 2. Requiring immediate removal of any relief official using his official to influence the results of any election. 3. Barring solicitation of campaign funds from anyone on relief rolls or drawing, money appropriated “under any other act of Congress,” and providing $1000 fine and oneyear imprisonment for violation. The “any other act of Congress” provision broadening the inhibition was inserted on motion of Senate Majority Leader Barkley of Kentucky. In the vote, Indiana Senators split. Senator VanNuys (D.) voted with the economy group, while Senator Minton (D.) supported the President’s request. Vice President Garner hurried to his office where others gathered to celebrate their victory yesterday on the WPA slash. Senators Clark, Harrison (D. Miss.), Byrnes (D. S.C.) and Nye (R. N.D) were among the celebrants. Also present were two who voted with the Administration, Senators Minton (D. Ind.) and O'Mahoney (D. Wyo.).

First Wage-Hour Test Suit Filed

WASHINGTON, Jan. 28 (U. P.)— Wage-Hour administration attorneys prepared today for a: court battle in defense of the New Deal's Fair Labor Standards Act. : ° ] First court action under the act was filed yesterday at Fayetteville, N. C., against the Central Weaving and Spinning Corp, which. was charged with paying its employees less than the 25-cent’ minimum wage and with alleged falsification of records. Administrator Elmer F. Ahdiews sent Associate General Counsel George A. McNully to file the suit before Judge Izaac Meekings of the U. 8S. District Court for the Eastern District of North Carolina. Mr. McNulty said the Fayetteville case would not necessarily provide the major test of the act's validity, although it was the first filed since the law became effective last Oct. 24. Mr. McNulty said several other cases were being prepared and would be filed soon. The’ suit asked both a temporary and permanent injunction against the Fayetteville silk and rayon weaving concern, which employs more than 150 workers.

Company to Fight, Officials Declare

FAYETTEVILLE, N. C, Jan. 28 (U.P.) —The management of the Central Weaving and Spinning Corp., singled out yesterday for the first test of the wages and hours provisions of the new Fair Labor Standards Act, protested today that the company was practically a “philanthropic enterprise.” The resident manager, Max Lefkowitz, said “it was just like sneaking up and hitting someone in the back of the head with a baseball bat” for the Government to sue the company without warning. He said he would resist the suit and said the company had been paying “only a penny or so under the|?2 standard and had been given until the end of the month to bring wages up to the requirements.”

Security Board

Approves Oregon Law

WASHINGTON, Jan, 28 (U. P). —The Social Security Board today certified the Oregon Unemployment Compensation Law, which has been criticized by the C. I. O, as 4d “strike breaking statute.” The Board said the recent amendments to the statute make certain that unemployment compensation benefits will not be denied to individuals who accept new jobs under “yellow dog contracts,” under substandard labor conditions, or positions vacated by strikes, lockouts, or other labor diss putes.

at Washington that he was. surprised by the opposition of the Wisconsin Legislature to the appointment of Mr. Amlie and that he would not alter his stand in support of Mr. Amlie. Wednesday both the State Senate and assembly adopted resolutions which charged Mr. Amlie with having communistic, foreign and unAmerican activities. The resolutions, sent to Washington yesterday, asked that the Senate refuse to confirm the appointment if President Roosevelt did not withdraw it. “This Legislature is closer to public sentiment than Boh LaFollette,” Mr. Fitzsimons said. “It might be appropriate to introduce a resolution calling for his impeachment.

FAGE STRUGGLE IN ABOLITION OF

Stake, Action May. : Be Deferred.

(Pegler and Editorial Cartoon, Page 10)

By LEE G. MILLER Times Special Writer

WASHINGTON, Jan. fight to abolish the income tax immunity of public servants is a long way from being won, although no

this week. Various Ways and Means Com-

deferring action on the subject— except for legislation to protect certain state and local employees from heavy back taxes. They would

gation and the relief study of a spe- [have the Committee ‘wait until it}

is also ready to act on the lively question of tax-exempt bonds. The Administration strategy Is designed to expedite the death warrant for tax exemption of public pay checks by coupling it with the measure for back-tax relief, which

ployees of state and municipal agencies whose salaries were held taxable in a historic Supreme Court decision last year. A bill combining the two features is being written for the Ways and Means Committee, which may vote on it next week. If it is reported favorably, there will still be a possibility of a move on the floor to strike out all except the back-tax angle. Congress Involved

For Congress members have a personal stake in the matter. Abolition of all exemptions would make their own $10,000 salaries subject to state income taxes. However, it is not known whether the bill will go so far as to propose reciprocal taxation of legislative and judicial salaries, While the PresiToot wants to end tax exemption on governmental salaries “of all kinds,” some lawyers doubt that the Supreme Court would extend the scope of its 1938 New York Port Authority decision far enough to approve Federal taxation of the pay of state legislators and judges, or state taxation of Federal judges and Congressmen. Even if the bill were broken in two, and the ban on future taxexempt salaries then blocked, Treasury officials believe they already have power to collect ‘taxes on the income.of most state and local employees. Since 1926, they say, there has 'been no specific exemption of such salaries in the revenue laws.

Power Little Exercised

But these officials think it would be unfair to apply the Federal income tax to all state salaries without giving the states at the same time a right to tax Federal salaries —particularly since :the Treasury has not heretofore exercised, except in borderline cases, the power which they say it has possessed since 1926. No person or group has applied to the Ways and Means Committee for permission to testify against taxation of public salaries. However, several of this week's witnesses urged that the back-tax relief measure be passed separately rather than linked to the broader issue, which they fear might delay passage beyond income tax day March 15, These included spokesmen for the Conference on State Defense and the National Education Association. The Conference on State Defense, while making no position on taxation: of salaries, is preparing for a hard fight against the President’s proposal to end tax exemption of the interest fro public bonds, which the Ways Means Committee has laid aside for consideration some weeks hence.

NEW DEAL FADING, BRUCE BARTON SAYS

SYRACUSE, N. Y, Jan. 28 (U. P.).—The New Deal's pendulum is on the downbeat because the nation is “emotjonally tired,” Bruce Barton, Republican Congressman and ‘advertising executive, said in an address before the New York Press Association. “People get emotionally tired of being under the stress of agitation and unheaval,” he said. “They have quietly made up their minds that they must have a change. “They do not approve the appointment . of Harry Hopkins or Governor. Murphy, but they do not take the trouble to make themselves vocal. Their attitude is ‘what’s the difference? ‘This Administration’s program Is finished.'”

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TAX IMMUNITY,

5 a X Aynendments to Eid Re- Congressmen Have Personal

28.—The; - voice was raised against this Presi-|

dential proposal at House hearings

mittee members are said to favor| §

is urgently sought by worried em-|

Trained on the heavens, science’s 200-inch telescope at the Mt. Palomar, Cal., observatory will be ready for action as soon as polishing of the huge lens has heen completed. This striking camera study

shows the yoke

foreground.

PARLEY STARTS

[500 Seek Co- ordination of

‘Welfare Work in City, County.

More than 300 representatives of civie, business and labor groups met

4 |at the Indiana World War Memor-

ial today for Marion County’s first

Damferenes on Human Relations.

W. Rowland Allen, personnel man-

{ager of the L. 8. Ayres & Co., Was

to be the principal speaker, The ‘spansoring committee, a group: of 27° Tepresentative citizens, hopes ‘to evolve from it a perma. nént organization which will coordinate activities’ of numerous rounty organizations and work out

‘th legislative program. covering wel:

fare needs of the city and county. '~ . Direct Primary Up

Problems to be considered by the conference today include such is-

|sues as the direct primary, the merit

system in State employment, unem-

| tloyment compensation, ‘child wel-

fare and. public health. Pending election of a permanent chairman, Rabbi Elias Charry, of the Beth-el: Temple, was to ate as temporary chairman.

Following Mr. Allen’s address, the conference will split into round-

i [fable discussion groups. Subjects to

Ire brought under discussion are: Health, housing and sanitation, i7outh, consumer problems, civil liberties, rural-urban co-operation, Social Security and taxation. When the discussions conclude at 3:30 p. m.,, the delegates will conene in a final session to report res-

fk | olutions and the election of steering

of the instrument which will sup-

part the telescope proper. Immense size of the yoke is shown by comparison with the ‘workman in the

FORD CHALLENGES NLRB PROGEEDINGS

WASHINGTON, Jan. 28 (U. P.). —Ford Motor Co. attorneys today challenged proceedings on which

the National Labor Relations Board based charges of unfair labor prac-

Nationally recognized for its very successful record, the Company is also a leader in its Home City and

has over $46,500,000.00 of i

tices. at Ford's River Rouge pfant: In a petition filed with the NLRB, Ford attorneys asked the Board to suppress all evidence taken before NLRB Trial Examiner John T. Lindsay and to set aside all proceedings based on that evidence. . The petition charged Mr. Lindsay conducted the hearing as a prosecutor rather than an impartial judge. - The move followed publication of NLRB proposed findings instruct-

labor organizers to enter the River Rouge plant and to reinstate with back pay 29 workers who assertedly were discharged for union activities.

ed 200 citations asserting improper conduct: of the hearings by Mr. Lindsay. His conduct, the company charged, had the result of “frightening, intimidating, discouraging and deterring witnesses.”

offici~ |

cisions reached by each group.

The roundtable conference on health and housing will be led Dr. Exie Welsch, of the State Heal Board, and R. Earl Pts FHA director. ]

Robert Richey, State NYA d tor, and John B. inte NA di the Senate Avenue Y. M. C. A,, will lead discussion on ‘youth; problems. - a Discussion on consumer problems will be led by Mrs, Helen Forth, ‘Miss Mary Crawford, Mrs. Alma Arme strong and Mrs. Randall Shake. Prof. Paul J. Fay of" DePauw University, Rabbi Charry and Mrs, Francis Zinkin will lead civil lib~ erties discussion. Hassil E. Schenk, Indiana Farm Bureau president, will lead the discussion of rural and urs. ban problems. ‘Charles Marshall of the State Welfare Department, will lead the discussion: ‘on social security, and Carl Thorbahn, editor of The Union, on: taxation.

NAMED TO HARBOE GROUP: Times Special WASHINGTON, Jan. 28.—=Rep. Eugene B. Crowe (D. Ind.) has been made a vice president of the Nae. tional Rivers and Harbors Cone

.|gress, it was announced today.

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| Years of Continuous, Sound | yo

Significant Facts i

.$ 1,687,406.57 22,094,811.82 2,027,817.00 108,105,607.00

INCREASE IN ASSETS IN 1938... Making TOTAL ASSETS : . INCREASE OF, INSURANCE IN FORCE..... Making TOTAL INSURANCE IN FORCE....

css evens.

TOTAL PAID TO BOLO YHOLDENS AND

BENEFICIARIES in 1938... TOTAL PAID TO POLICYHOLDERS AND. BENEFICIARIES SINCE ORGANIZATION 20,873,594.’3 SINCE December 31, 1929

ASSETS HA

ance

VE INCREASED..........11L 3%

SURPLUS HAS INCREASED..........111.2%

1,834,653.47

Over one-third of a century ago the Indianapolis Life Insurance Company was or_ganized as a Legal Reserve, Mutual Company owned by the policyholders. The management pledged to build a quality insur-

ance company on a sound, conservative

basis. : Today, the company tooks back on its

ciicvemonts and sound growth. Its record

in force in the State. Indiana ranks first among the states in which

These percentage increases are more than double the fine showing of the average of all United States Life Companies.

through the years is reflected in the figures

herewith shown. Indianapolis Life is now

the Company writes business.

INSURANCE (oto Rone

19S $325,000 [1906 41,217.816 [1907 $2,050,401

; [1900 $2,227,227 [1909 $2,885.280

1 1 | ]

1910 $3,505,988

!

$11,812,320

1922

1928

$83,532.888

liosea

$93,400,169

1935

$95,756,253

1936

$00,767,129

1937

¢106,077,790

the largest company organized in the United States as a strictly Mutual, Legal Reserve Company since 1905. This fact proves conclusively the wisdom of building solidly on tested principles, with Safety and Service,

its constant guide.

CONDENSED FINANCIAL STATEMENT

(December 31, 1938) (ASSETS)

Cash and U. s. Government Bonds. ... State, County and Municipal Bonds... Bonds of Operating Public Utilities.... Other Bonds and Legal Investments. . First Mortgage Loans on Real Estate. .

Policy Loans

Real Estate Including Home Office. ... Real Estate Sold Under Contract......

Interest and Rents

Accrued and not AUR. os endaeras

Due .

Premiums due and deferred... ..ce000s

(Secured by policy

-$ 2.293, 148.50 2,135,536:65 2,653,132.12 / 561,218:35 | 6,773,670.48 3,742,030.50 2.394,480.73 699,112.78

138,683.34 4,851.45 698,346.92

es ssesetensecs

reserve)

Total admitted assets............. $20,00481182 LIABILITIES AND SURPLUS

Policy reserves and proceeds payable in

installments .

Dividends left to accumulate and interest

thereon

Premiums and interest paid in advance. Death claims reported but proofs not

received

Partial payments “received on account of premiums held in suspense... Reserve for taxes and miscellaneous

liabilities ....oc000e

Dividends apportioned (not yet due)

1938

108,105,607

Total

COMPANY OFFICERS, DIRECTORS, AND DEPARTMENT HEADS

*A. Leroy Portteus, Vice-Pres

Charles L. Rouse, Secretary Paul E. Fisher, Treasurer Egbert G. Driscoll, Cashier

Newell C. Munson, "Counsel

1C. L. Harkness, Mgr, Policy

Dept. \ *Directors |

Offices at 1052-58 Consolidated Building, Rlley 5528

Robert O. Jackson D.

GEO. W. ANAWALT, ‘General Agent

JULIAN W; SCHWAB,

Associate

~ W. D. Bassett

and Supt. of Agencies

Irving Palmer, Asst. Agcy. Mgr. Francis D. Brosnan, Asst. Agcy.

Mgr.

Edward F. Kepner, Asst. Sec.

Finck Dorman, Field Supervisor

Doyle Zaring, Agency Secretary

*EDWARD B. RAUB, President . ~~ *A. H. Kahler, Second Vice-Pres.

*Walter H. Huehl, Actuary

*Dr. James B. Young, Medical Dir. R. F. Veazey, Mgr. Underwriting Dept. H. H. Huston, Mgr. Investment Dept,

*George A, Raub, Director *Irving w. Lemaux, Director

Almus G. Ruddell, Mémber of Exec. Com.

LEADING INDIANAPOLIS REPRESENTATIVES

K. D. Brosnan Wm. O. Coy H. M. Fleenor a . Charles W. Gammon

C. O. Martin R. Johnson Charles H.Karsch H. D. Kendrick F. E. Kortepeter _

Opts 7 Smith, Member Exec. Com.

$13,002,745.09

1,035,903.75 268,486.75

66,509.08 119,466.68 110,831.87 224,200.00

to poeyhoiders

Contingency Fund for investment and mortality fluctuations $ 300,000.00, Unassigned surplus .eeeeee: Total SUrplus...csceseessee

1,066,668.60 : 1,366,668.60

0000000000090 000000000000000¢ y ad

ih

INDIANAPOLIS LIFE

Insurance

Company

W. KE. McGow:n BE. C. McGriff ©. W. Rath, P. L. Sargent

iM 8 ET

ANAT30TH