Indianapolis Times, Indianapolis, Marion County, 24 March 1939 — Page 4
RELIEF HINTED
nN OE Ee
HRA EEA CRIES
May Force Other Levies Higher.
5 "(Continued from Page One)
nsive to farm relief demands. it sentiment 1s more evenly died. at this session. A House griculture Committee test vote tied esterday, 17-to-17, on a motion fo edie the farm bill within budgeted
i Eccles Demands Showdown
i The economy phase of the general | usiness appeasement program aldy has sunk almost beyond salage. Under those currently chilling ireumstances - Chairman Marriner 5. Eccles of the Federal Reserve System, the leading New Deal advocate of free spending for recovery, has ¢alled for prompt showdown cn whether Congress ‘actually prefers
“BY NEW DEAL
arm Demands for Relief
Plant Addition
a. Ey $
City, However, Will Not
kt | explained, merely represents the t | maximum price that could be paid i land still retire the bonds in 40 | years. without any burden on the
: | taxpayers.
40-YEAR PLAN T0 BUY WATER PLANT STUDIED
Take ‘Hasty Action,’ Sullivan Says.
(Continued from Page One)
For every $1,000,000 which is shaved off this sum in the price finally fixed, Mr. McNear asserted, there would be an additional $43,266 annual surplus which could be paid into the City treasury, and used in place of tax money. Thus, if the City should be able to get the company for $25,000,000, it could pay off the bonds, at 3 per cent interest; allow $320,000 in lieu of taxes; allow $100,000 annually for renewal and replacements, and turn
items amounting to $1,368,258, which brought the valuation to $22,368,258. The Appeals Court also asserted that the lower court should have taken into consideration a “detinice rise in commodity prices of approximately 25 per cent during the 32 months period referred to, whieh was bound to be reflected in the EpPraisement of appellant's property.” : The U. 8. Supreme Court declined
ito review the finding, and the case
was remanded to the District Court ior rehearing in view of the Appeals
‘I Court opinion
Officials Attend Meeting
Under the plan of financing, the City would continue paying its annual $430,000 water bill to the utility. : The meeting yesterday was attended by the Mayor, City Controlier James E. Deery; Leroy J. Keach, Safety Board president; Joseph G. Wood, City Council president; Mr. McNear and his local attorney, Fred Bates Johnson. Mr. Sullivan said that this was merely a preliminary meeting, that prices were not discussed, and that no arrangements had been made for a future conference. The meeting was arranged by Mr. Johnson, who said Mr.
off and explain his proposal. FRENCH VILLAGE BURIED
DAY,
McNear was en route! through the City and wished to stop
TARBES, France, March 24 (U.!
MARCH 24, 1939
I
HINES WAITS APPEAL
DECISION IN TOMBS
NEW YORK, March 24 (U. P.) — James J. Hines, Tammany leader, awoke today in celi No. 213 of the Tombs, with cne day less to serve of his four-year sentence for proe tecting the late Dutch Schultz’ lottery racket. He was offered the regular break fast and the half-hour exercise period of the ancient prison which has housed dozens of his gangster friends during his 30-year rule over Democratic voters of the 11th Ase
sembly District. : The Tombs will be his home at
attorney, Martin W. Littleton, will move to have him released on bail pending an appeal to a higher court. If the petition is denied, he ‘will be taken to Sing Sing.
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least until Monday, when his new
over $346,128 as a gift to the tax-
omy to a painful effort to bring payers, on the basis of the five-year
e budget nearer to balance. He! a Senate committee that flisaster would overtake decreased Federal spending. + ; : He was answered immediately by Chairman Harrison (D. Miss) on), the Senate Finance Committee, one of the ecenomy bloc.
P.).—Snow avalanches descended on | the village of Barreges, in the Pyre-| operating cost-revenue average. - nese, today and buried part of the | If a higher bond interest rate h mle, Peasants for miles around! should have to be paid, it was €x- o5thered to rescue persons impris- | plained, the 40-year retirement plan | ;e4 jn their homes. Dispatches said | would permit issuance of a smaller |;ja¢ jt was believed no one was. amount of bonds for the purchase. yjjeq pecause of the stout roofs of |
advise those who call upon ws.
[147%
I A CAR YUL LLB TALBOT 5562. S$ LINCOUN 1555
EIA AZ) {a(
Times Photo. is expected equipment will
will be a one-story brick building with steel-sash windows,
Work has begun on the new $250,000 addition to the R. C. A. to be completed by July. The production of sound
Manufacturing Co. plant at the northeast corner of Michigan and La Salle 8ts., directly north of the present plant. The structure, which
4.“If the statement. of Mr. Eccles presents the views of the President and is indorsed by him,” Senator Harrison said, “and he desires he Congress to determine the isSue, . I shall be glad to co-operate and assist in the formulation of a ~ rational program for the consideration of the Congress.” : = Senator Harrison's program alveady is known in vague outline. It is to’ cut drastically into relief and felated emergency expenditures. Mr. Roosevelt has expressed unalterable épposition to cuts in that category few persons believe. any real nomy could be achieved without - Roosevelt's passive : support.
Tax Increase Possible
: ‘Instead of looking to this Confor economy, however veteran ators are wondering'if an ingrease in Government spending and Congressional appropriations can be Prevented. bo i The s1Genon farm relief bill eporte 0. the House yesterda tilted the scales toward Ld spending and raised the possibility éf a tax increase. The House bill éxceeds budget estimates by 250 milHon dollars. It contains an approPriation of that amount for farm Benefit payments for which no additional revenue is provided and would more than absorb, economies achieved this season by whittling from regular appropriation bills. : The farm bloc also is active in the Senate where Chairman Tllison D. Smith (D. S. C.) of the Agriculture Committee sponsors an emergency cotton relief bill the cost of which is only vaguely estimated. Unofficial
HARRISON DUELS
[Both Have Chip on Shoulder. ‘As Capital Watches ‘Bizarre Buck Passing.’
By THOMAS L. STOKES Times Special Writer
WASHINGTON, March 24.—One of the most bizarre spectacles of buck-passing up and down Pennsylvania Ave. seen here in a long time is that now going on between President Roosevelt and the con-
servative Democratic bloc in Congress over the issues of economy and tax revision. It has resolved almost into a personal duel between the President and Senator Harrison (D. Miss.) Finance Committee chairman, who started the economy crusade some time ago with a public statement and has heen active in promoting revision- of corporation taxes. The eciash of personalities between Mr. Roosevelt and the veteran Senator has enhanced dramatic interest, particularly since each carries a chip on his shoulder. The President blocked the Senator's
. guesses place the cost at 175 to 250 Billion dollars. 2 A thumping over-the-budget farm bill might drive Mr. Roosevelt back t0 his position of last Jan. 3 when told Congress “We might safely cbnsider moderate tax increases” to over agricultural parity payments d emergency national defense exPenditures. : There was general business protest ggainst higher taxes and demands for repeal ,of “business deterrents” ‘such as the corporation surplus tax. i - New Issue Raised i But Mr. Roosevelt appears cold th repeal of the so-called “deterents.” If they go on, he says, the chrporation income tax must be increased to compensate for 220 to 230 rhillion dollars of lost income anriually. : # Senator Harrison and the economizers in Congress generally agree compensating levies for repealed Fieterrents. But demands for arm relief raise a new issue, : i Mr. Roosevelt's tax" temper is : Shore and he may insist that Coness discover new revenue for exappropriations, leading either to n increased tax burden on the naon or a knock-down battle betiveen the President and Congress. - 1 No action on the WPA appropriatlon was expected before next Tues day. Administration. members of the Deficiency Appropriations ComThittee were seeking a compromise e somewhere between the 100. million dollars demanded by econy members and the 150 million
| Senate two years ago by throwing
eievation to party leader in the
hjs influence behind Senator Barkley (D. Ky.). Mr. Roosevelt, himself, seems aroused over the Mississippi Senator’s activity as chief lieutenant of the conservative bloc directed from behind the scenes by Vice President Garner.
Eccles Also Passes Buck
After such New Deal emissaries as Commerce Secretary Hopkins and Treasury Secretary Morgenthau
business, hinting tax revision and
more leniency toward business, the conservative bloc became embold= ened and got busy. - “Then. two days ago. the President stepped in and pointed out obstacles to tax revision with particular em-
WITH PRESIDENT
{lophane- and restored ihe organ to (its natural position.
had held out the olive branch’ tot
phasis on the danger that a shift of corporation taxes as proposed might increase the burden on small business. As for economy, he pointed out: the numerous avenues into, which this would lead-—social secur- | ity. unemployment relief, farm bene- ; fits, public works, and the like. | Ir effect, he passed the problem back to Congress. He showed plainly | he wotild not lead, himself. This was done even more emphatically by Marriner S. Eccles. Federal Réserve Board chairman and chief’ proponent of the “spending” theory |
Special Senate Silver Committee that a retrenchment program would be, in his opinion, “disastrous,” but| that since a majority seem to.-want |
Mr. Roosevelt said would be nec- . essary to provide work for the unemployed through June 30. Mentioned most often was 125 million dollars. :
Miirphy to Publish “EB! Report orf Bund
+ WASHINGTON, March 24 (U. B.) —Attorney General Murphy has eed to make public a report of ie. Federal Bureau of Investiga_tlon’s inquiry into activities of the German-American. Bund, - ! Publication of the report was reduested in a resolution introduced by Chairman Martin Dies (D. Tex.) of the House Committee on Un‘American Activities. Mr. Murphy said at a press-conference yestery tlrat he was surprised at Rep. es’ action and that he would have willingly authorized the publication had he been requested to do so. © He added, however, that the report contained mostly statistical ahd purely factual matter concern- . ifig the Bund. , iMr. Murphy said he had no obtion to publicizing the report, “after a few parts are deleted. Natur- ~ gjly, we can’t reveal all details at his time without impairing our ingations.”
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|to follow:that course, the.Congress {should act promptly:and assume full |
| responsibility. | . Harrison Seeks Co-operation
“It is Congress that determines the rates and the nature of our taxes: it is’ Congress also that de-'
|termines the amount of Government | money to be used for different pur|poses,” he said, pointing then, as {did the President, to the avenues
where most savings could be made. | This put Senator Harrison on the {spot, and he replied in a statement that no one thinks the budget can: ibe balanced at this time, but that an approach should be made now by reducing expenditures. He ex-
in the formulation of “a rational program for the consideration of Congress.” He insisted that President Roosevelt must co-operate, thus
White House. : Mr. Roosevelt's strategy, it would seem, is to go to bat with the conservatives, fix responsibility upon them, and strike now, once and for all, at the group which is trying to
His bid is for popular support from beneficiaries of the various Federal bequests which he specified.
Saturday Only!
"All This For Only
fo achieve recovery, who told the! {
pressed his willingness to co-operate
passing part of the buck back to the
take over the party and prevent the nomination of a New Dealer in 1940. |
begin shortly after, John M. Smith, vice president, said.
Conflict of ‘Animal’ and ‘Civilized’
(Continued from Page One)
from anxiety and nervous upsets so} ‘common in the majority of com-
batants. He finélly produced evidence that thig release of nervous | tension was dué to the severance of connection between the brain and the abdominal nervous system. In explaining how ordinary cellophane may play an important role in determining the cause of high blood pressure, Dr. Page demonstrated by chart how he removed the kidney of a dog, wrapped it in cel-
An almost. immediate rise in the
dog’s blood pressure resulted. In-|
vestigation: revealed that. the cellophane, irritating the surface of the kidney, caused 3 heavy tissue to be formed on it, this tissue causing the blood pressure to rise. The cello-
phane, itself’ was dissolved in a
’
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couple of weeks by the body's chemical action. Dr, Page said the discovery, soon
to be published in a scientific journal, makes it possible to study the reaction to various treatments for high blood pressure without experimenting on humans. : . Speakers at the surgeons’ meetings have described high blood pressure as one of the most common causes of death. : - The meeting tonight, at 8 o'clock in the Claypool Hotel Riley Room, will be presided over by Dr. Willis D. Gatch of Indianapolis, presiding governor of the college, and chairman of the Indiana state executive committee. : Speakers and their subjects will include Dr. Crile, “Medicine and the Future”; Dr. Howard C. Naffziger, San Francisco, president of the college, “The American College of Surgeons and Its Controbution,” and Dr. Bowman C. Crowell, asso-
ed 10 FIER:
Brain Blamed for Many Diseases
ciate director of the college, “Seven Wonders of Medicine.” Others will include Dr. Charles C. Higgins, Cleveland, “Diet in Health and Diseases”; Dr. Alfred W. Adson, Mayo Clinic brain specialist, “The Brain and How It Functions”; Dr. Frank E. Adair, New York,“ The Course and Curability of Cancer,” and Dr. Malcom T. MacEachern, associate director of the college and International Hospital Association president, “Choosing Your Hospital and Your Doctor.” All but the first two lectures will be illustrated. Dr. A. D. Ruedémann, Cleveland. told the conevntion that a pain in the neck frequently may be causcd by eye strain. Neck muscles, he explained, help eye muscles by moving the: head, When the eye muscles tire, more of the burden falls on the neck muscles, and pain in the
interest rate of less than 3 per cent probably could be obtained.
Mr. McNear said that under municipal ownership, the utility would avoid certain present expenses, including most of the $589,668 taxes it paid in 1937, and the more than $40,000 budgeted annually to amortize rate case costs. ; The report asserts that municipal ownership of the company appears to be the only way in which a public water rate increase can be avoided. ; .. It was asserted that the company is entitled to higher rates, on the basis of the valuation indicated last year by the U. S. Circuit Court of Appeals in the still-pending rate case. - ; The Indiana Public Service Commission, in 1932, fixed the company’s rate-making valuation at “not less than $22,500.000.” The case was appealed to Federal Court, where a special master inp chancery recommended a valuation of $20,282,143 the following year. Federal Judge Robert G. Baltzell set the value at $21,392,821 in November, 1935. Again, the valuation was. appealed, and the U. S. Circuit Court of Appeals last year decided the lower
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