Indianapolis Times, Indianapolis, Marion County, 8 March 1939 — Page 18
HARNESS FLAYS TRADE POLICY OF NEW DEAL
Introduces Bill to End All Reciprocal Pacts, Ban Them.
By DANIEL M. KIDNEY Times Staff Writer WASHINGTON, March 8.—A plea for passage of his bill to terminate all the reciprocal trade agreements and to take the power of making them away from the Administration was placed in the Congressional Record today by Rep. Forest A. Harness (R. Ind). “I believe that the grave injustices resulting from New Deal tariff tinkering cannot - be overemphasized,” Rep. Harness said. He charged that a steel mill in his home town of Kokomo could not compete with the barbed wire shipped into his district from Belgium. The Belgian barbed wire isn’t as good, he said, but contends that the wage scales make the extremely low price possible.
Lists Cities Affected
“The average Belgian steel worker makes 17c per hour, while the average worker in an American steel plant earns 82c,” he declared. Foreign glass from Czechoslovakia, Japan and England is working hardships on flint glass plants at Marion, Hartford City, Dunkirk, Red Key and Gas City, Rep. Harness charged. “I speak the overwhelming desires of farmers, workers and businessmen in my district when I urge an immediate revision of the destructive tariff policy which has brought about these conditions,” he concluded.
Halleck Raps Ban On Indiana Products
Times Special WASHINGTON, March 8.—Armed with a special report from the Bureau of Agricultural Economics, Rep. Charles A. Halleck (R. Ind.) today launched a drive to batter down barriers which ban Indiana dairy products from the District of Columbia and several Eastern states. The report was prepared by. the
Bureau for Secretary of Agriculture| Y/allace and published under the
title “Barriers To Internal Trade in Farm Products.”
Rep. Halleck took an immediate
interest in it because a truck full of cream from Lafayette, Ind., which is in his district, was stopped here as| being “bootleg” because of its delivery to a local dairy. Under District health regulations only cream from certified farms in Maryland and Virginia is allowed on the Washington market. : Attacks Barriers
The Indiana Congressman took| __
the floor in the House to present a District Health Department report showing that a test of the Lafaystte cream proved that it was “as good if not better” than any marketed here. “Such state embargoes as repre-| sented by this District of Columbia law are wiping out the economic
‘| advantages which made this coun-
try great,” Rep. Halleck declared. “Indiana has taken a step in the right direction by abolishing the beer law restrictions. Other states should follow suit and certainly Congress should not permit the Dis‘trict of Columbia to provide a hor-| rible example of interstate tariff | barriers.”
POPEYE THE SAILOR WED TO OL TO OLIVE OYL
HOLLYWOOD, March 8 (U. PJ). ~The rasping movie voice of Popeye the Sailor—“hand me them spinach, Olive Oyl’—said earnestly over a breakfast table today: “Margie, you're wonderful!” It was Jack” Mercer, the screen voice of the tough little sailorman, greeting his bride, the former Margie Henes, screen voice of Olive Oyl. Their marriage, performed in Miami last week, was announced
~ today.
PAINTING PRIZE GOES
TO FREDERICK WAUGH
PHILADELPHIA, March & (U.P). —PFPrederick Waugh, Provincetown, Mass., artist, won the $200 popularity prize at the 134th annual show of the Pennsylvania Academy of the Fine Arts, it was announced today. Mr. Waugh's seascape,
Fog,” cast during the five-week show.
GETS 1 TO 10-YEAR SENTENCE ROCHESTER, March 8 (U. P.) — Lewis R. Fawley, 18, of Warsaw, today faced a 1 to 10-year term in the State Reformatory on his plea of guilty to a forgery charge. Sentence was handed down by Judge Robert. Miller.
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INDICT LEADING PENDERGAST AID
Kansas City Grand Jurors Charge Prosecutor With Negligence.
KANSAS CITY, Mo, March 8 (U. P.)—A county grand jury dedi-
cated to the suppression of crime, vice and alleged political corruption
machine again today, indicting one of his chief lieutenants on charges of neglect of duty. It cited Jackson County (Kansas
reached into the inner councils of y Boss Tom: Pendergast’s Democratic
Times Photo. his lapel. Willard Crain of .CincinFlorists Telegraph Delivery Asso-
ciation, demonstrates what the well-dressed businessman will wear. Miss Viola K. Swindler of Detroit, associate editor of the F. T. D. News, does the pinning. Approximately 800 florists are expected to attend the association's two-day meeting at the Claypool Hotel otday and to-
city) Prosecutor W, W.. (Tom) Graves on four counts, one accusing him of “neglectfully” dismissing a case against Charles Gargotta, al-
leged underworld character, who was charged in 1933 with assaulting Sheriff Thomas B. Bash. He pleaded not guilty when arraigned and was released on $400 bail. All charges are misdemeanors. : His indictment was the severest blow the jury has thus far dealt the Pendergast organization. In all the jury has handed down nearly 150 {rue bills in the past 10 days. Democrats and other party adheren its outside the Pendergast oranization, which has ruled Kansas City for more than a decade, considered. the Graves indictment a victory for Governor Lloyd C. Stark ho broke with Pendergast shortly fter the 1936 elections. Governor tark had demanded Graves’ renova! and his insistence caused the rand jury investigation,
Less Popular but Ludlow Idea Still Favored By 6 Out of 10.
By DR. GEORGE GALLUP American Institute of Public Opinion NEW YORK, March 8.—The constitutional amendment introduced in the Senate last week requiring a national referendum before the United States can engage in a war overseas is approved, at this time, by a majority of American voters. ~ On four occasions in the last two years the American Institute of Public Opinien has = conducted cross - section surveys on the war referendum plan, and each time the plan has been in- . dorsed by the public. The latest survey, just completed, finds that although the referendum idea is less popular today than it was last year or the
AMERICAN INSTITUTE
rustic opmuon
f | year before, it is still favored by
nearly six out of every 10 voters,
f | most of whom say that “the poli-
ticians should consult the people because the people have to do the
i | fighting.”
The vote in the latest survey was on the following question: “Should the Constitution be changed to require Congress to obtain the approval of the people in a
b national vote. before the United
States could take part in a war overseas?” First Test in 1936 That war referendum issue was
1938, and the trend of sentiment has been as follows: Yes September, 1936 ....... 71%. October, 1937 ....c es... 13 October, 1938 ... Today When the Ludlow war referen-
No 29% 2%
put to the voters in 1936, 1937 and.
Poll Discloses Most of Voters | In U.S. Favor War Referendum|
75 71% | 73 % 0
125
0 Seer | 1936
ocT 1937
“oct TODAY 1938
‘The chart shows percentage of voters in Institute surveys ‘who favor a national referendum before America could pariicipate in an
overseas war.
dum bill was introduced in Congress last year, President Roosevelt and State Department officials vigorously opposed its passage, arguing that such a measure might tie the hands of the State Department in dealing with foreign countries. This opposition may account for part of the decline in sentiment favoring the referendum, but the latest survey results indicate that the referendum idea has by no nieans been
killed so far as popular support is |
concerned. Difference in Age Groups
The survey finds no substantial |
difference in the attitude ot Democratic and Republican voters—
Democrats favoring the referendum |
by a vote of 57 per ceni, Republieans by a vote of 54 per cent. There were notable opinion differences, however, by age; sex and income group. Women were more strongly in favor of the referendum than men, The young voters, those below 30 years of age who would presumably have to do-most of the fighting if war were declared, were more in
pre ny olds from developing .
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4 Mutual Company, Founded on April 12, 1845.
THOMAS A. BUCKNER Chairman of the Board
‘during the year 1938 a this total, $131,804,10. holders and $69,690,83: Total payments to p during the past ten yee New insurance dur
of 1938 was $6,793,826
; AS
Cash on Hand, or in Bank United States Government,
Canadian Bonds
Preferred and Guaranteed |
Interest and Rents due an Net Amount of . Uncollect Premiums.
Other Assets.
" ALFRED L. AIKEN
Presiden t
Educational Counsellor of
NATHANIEL F. AYER Treasurer, Cabot Mfg. Co. (Tex:
ARTHUR A. BALLANTINE Lawyer, Root, Clark, Buckner Ballantine
CORNELIUS N. BLISS
Retired
HENRY BRUERE
Chairman of the Board, The New York Trust Co.
I NS UR
State, County and Municipal Bonds. ......
Railroad, Public Utility, Industrial and other Bonds. NEED An
Real Estate Owned (Including Home Office). .
First Mortgage Loanson Real Estate dncwing $698,364.35 foreclosed liens subject to red 2mption)
Policy Loans. .............
eve rece nerIRRRNeS
TOTAL. .....0 c0isiion snes $2,647,454, 7. 1
JAMES ROWLAND ANGEL L
National Broadcasting Company
President, Bowery Savings Bank
MORTIMER N. BUCKNER
NEW YORK
ANCE
C OM PANY
$1 Madison Avenue, New York, N. Y.
A BRIEF DIGEST OF THE
DECEMBE
Payments to policyholders and their beneficiaries
mounted to $201,494,937. Of } was paid to living policy- } to beneficiaries. :
olicyholders and beneficiaries rs exceeded $2,147,000,000. ng the year .amounted to
$422,817,500. Total insurance in force at the close
,309 under 2,828,765 policies.
94% Annual Statement
R 31, 1938
The Assets on December 31; 1938 amounted to 257 4st The principal ‘item of the Liabilities as the Insurance and Annuity Reserve required oe law, amounting to. $2, 159,527,400. Also included in the Liabilities are a reserve of $41,569,539 for dividends to policyholders in 1939 and a ‘Special In: | vestment Reserve of ‘$45,000,000. Surplus funds reserved for general contingencies amounted to
$124,555,211.
SETS
cerhieidiiieiaes $50,466,059.12
direct, or fully 626,759,519.45
252,459,640.75 64,567,067.95
583,416,306.92 87,745,048.00 135,450,673.37
cess sssanen sscene
Stocks... cies
436,091,057.66 349,262,979.85 29,880,864.05
tee see oe ee P 00 c accrued.......
ed and Deferred 31,335,538.18
19,956.31
LIABILITIES
Insurance and Annuity Reserve. ........... $2,159,527,100.00
Present Value of Amounts not yet due on Supplementary Contracts......
Dividends Left with the Company at Interest
Other Policy Liabilities...
Premiums, Interest and Rents Prepaid... .. Miscellaneous Liabilities. .....co00000c0000e Special Investmerit Reserve... oooeessesses - Reserve for TAXES. ..........cooncesessrees Reserve for Dividends ,payable to Policy-
holders in 1939
Surplus funds reserved for general con-
tingencies...........
Securitiss valued at $38,738,698.21 in 2 the above statetnent are deposited as roquirpd by law,
A more complete report listing the securities owned by the Company will gladly be sent upon request.
BOARD OF
THOMAS A. BUCKNER
Chairman of the Board
President, Columbia University
stesy CHARLES A. CANNON
Frosident, Cannon Mills Co.
GEORGE B. CORTELYOU
Former Secretary of the Treasury of the United States
WILLIAM H. DANFORTH
{ ‘hairman of the Board, Ralston-Purina Co.
ROBERT E. DOWLING Fresident, City Investing Cas
&
‘
NICHOLAS MURRAY BUTLER
DIRECTOR
JAMES G. HARBORD Chairman of the Board, | Radio Corporation of Amerfos
CHARLES D. HILLES | Resident Mana afer for New York State, Employers’ Liability Assurance Corp.
HALE HOLDEN ! Chairman, Southern Pacifie Ce. .
GERBERT HOOVER Former President of the United States
PERCY H. JOHNSTON ] Chairman of the Board, i Chemical Bank & Trust
WILLARD V. KING | ° PERCY 8. STRAUS
Retired sanker I i |
TOTAL. beessecssmennesess $2,647,454,711.61
GERRISH H. MILLIKEN
EDWARD L. RYERSON, Jr.
HARPER SIBLEY ALFRED E. SMITH
J. BARSTOW SMULL
! — Incorporated under the Laws of the State of New York.
ALFRED L. AIKEN President
127,972,335.48 113,087,924.11 15,761,712.71 11,529,650.32 3,572,265.52 45,000,000. 4,878,673.66
CROC Avene
41,569,539.00
124,585,210.84
a
Presiden Dork “Milliken & Co.
Vise:Cptals airman, Inland Steel Cou} r Joseph T Ryerson & Son, Ine
Banking and Agriculture
President, Empire State, Ine.
Vice-President, J. H. Winchester &® Co., Ine.
President, R. H. Macy & De..,lne' *
IN INDIANAPOLIS, THE NEW YORK LIFE'S BRANCH O
CE 18 AT
|
favor of He referendum than the older voters. Among the various income groups voters in the upper and middle levels were less anxious to have an amendment than those in the lower level. . Favor Referendum Oppose
..45% 55% ..54 46
Upper - Income Group Middle Income Group Lower Income Group
..6% 33
ARRANGE ‘LAST RITES
1 tery.
-|gootee, and four sons, Edward and
FOR LOOGOOTEE MAN
Times Speciet. LOOGOOTEE, March 8.— Services
will be held at 9 a. m. tomorrow at St. Mary’s Church, Loogootee, for John Matthews, retired farmer who died Monday at his home near here. Burial will be at Bt. Mary's Ceme-
Mr. Matthews, whe had been ill nine years, was 84. He is survived by his wife, Elizabeth; two daugh-
ters, Mrs. Bernard Clark Indianapolis, and Mrs. Alvin Hopkins, Loo-.
‘NOTED SCIENTIST DEAD. . MILAN, March 8 (U. P.).—Sen tor Serafigo Belfanti died ‘toda after a long illness. He was 79 and a member of the National Council of Scientific Research and was noted for his studies in microbiology. He was an honorary meber of nu=merous foreign scientific academies,
MITE RAT I:
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WOODSTOCK TYPEWRITER CO. .
Joseph. Indianapolis, and John and Granville, Loogootee.
30 S. Pennsylvania St. L1-4712.
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