Indianapolis Times, Indianapolis, Marion County, 4 May 1939 — Page 3

BE a a i tii. A

United Fight to Keep

-

»

Rep. Bloom Walks ou

" this, the present spending program

Sh a VERY ii A or

Stabiman Calls for

~ Freedom of the Press

SPEAKERS FROM INDIANA DEMAND TAX REVAMPING

Ruthenburg Scores Levy on Profits and Teeter Asks Pay Law Repeal.

Of Meeting in Face Of Booing.

WASHINGTON, May 4 (U. P) — Fred I. Kent, New York, director of the Bankers Trust Co. speaking before the U. S. Chamber of Com-

merce, predicted today another great depression when the Government spending program tapers off “unless Governmental causes for the 193738 production decline are removed.” In another address, James G. Stahlman, Tennessee publisher, and former president of the American Newspaper Publishers’ Association, |

Times Staff Writer called for business, Government and ASHINGTON, May 4.—Members press co-operation to maintain free . :

g (of the Indiana Congressional deleenterprise and a free press. __|gation today studied demands of Me, . bane Pe) four speakers from “back home” for lat and taxation for the “failure | a Fevaiping ol Lhe ak system and of industry to pick "up the last half] | alsek ations in the Wages and Hours of 1937 and the first half of 1038." La¥ and the Wagner Act. he demands were made last Foresees Production Drop night at the Indiana Chamber of Commerce dinner. Senator Minton Demanding jethugal Of these fac" nd all the Congressmen and their tors, he said that “if we do not do gives were present, but were not permitted to reply. | of Government, as it comes to an Some words of praise were spin, end, will see another great drop of | however, for the tax reform proproduction and we will find our-|posals advocated by Secretary of)

By DANIEL M. KIDNEY

Out of State Delegates Registered

red

The Indiana Bankers’ Association convention yesterday and today counted‘bankers from several other states in attendance. Shown (left to right) at the registration desk are B. J. Maiworm, Continental

Times Photo.

Illinois Bank & Trust Co. of Chicago; William Moeller and R. Palmer McElroy, vice presidents of the First National Bank of St. Louis, and Mrs. Florence Schmidt, Convention Bureau registrar,

selves back where we were in 1934.” Mr. Stahlman said enemies of the press had resorted to “efforts at Government regulation and license, excessive taxation, legislative suppression, official oppression, attempted bribery and corruption, and even murder” in attempts to fetter the press. He declared that “scarcely a day passes without some effort to hamstring the press of this country.”

Cites Indiana Case

Mr. Stahlman mentioned recent|

contempt citations against the Los Angeles Times, the Gary (Ind.) Post Tribune, and Robert Brown, a Chattanooga, Tenn, news photographer, as attempts to control the press. He also mentioned the murders of Walter Liggett in Minneapolis and Don Mellett in Canton, O., as well as the attack on the editor of the Mobile Press Register.

Mr. Kent and Mr. Stahlman spoke |

before a final general session of the Chamber as representatives of business prepared to adopt resolutions, condemning New Deal spending, labor and taxation policies. Rep. Sol Bloom (D. N. Y.) walked

~ out on a Chamber dinner last night

after he had been booed for defending President Roosevelt against | the “abuse” which he said the!" Chamber had heaped upon him.

Bloom Walks Out The dinner was that of the New

York Chamber of Commerce and!

was for the State's Congressional delegation—one of 24 such dinners

designed to give businessmen a chance to present their problems to their Congressmen. He was called upon to speak aiter a convention delegate had denounced the Administration. He defended the New Deal and said he had “never heard such abuse.” “If you think you can get anywhere by abusing the President, you are wrong,” he said. “We are doing everything we can to bring back prosperity.” As he sat down he was booed. Rep. Bloom rose again and declared, “I resent that booing and I cannot stay here any longer. I ask permission te retire.” He then walked out of the room with his wife and daughter. S=nator Harrison (D. Miss.), critic of Administration tax policies, will ar. “ress tonight's final banquet. W. Gibson Carey Jr. of New York, president of the Yale & Towne Manufacturing Co., will become] president of the Chamber.

| Treasury Morgenthau and the House Ways and Means Committee. They came from Louis Ruthenburg, presi- | dent of Servel, Inc., Evansville, Hits at Restrictions

“We businessmen realize that| economy is a long way off and that |taxes must go higher before they |can go lower,” Mr. Ruthenburg said. | “But business must produce the wealth from which all taxes are derived and therefore it is up to Congress to remove those restrictions Which tend to dry up this tax ase.’ Specifically Mr. Ruthenburg ad-

distributed profits tax on corporations, a more realistic approach to!

go for social security and elimination of fabulous reserve funds, deduction of corporation losses in income tax payments if they were made during! the previous year, and scaling down | the surtaxes.

Asks Pay-Hour Law

Lothair Teeter, piston-ring manufacturer, presided | land advocated outright repeal of! the Wage and Hour Law or, short! {of that, amendments to “help small | business.” | His brother, Daniel Teeter, ad-

Repeal

vocated amending the Wagner act |.

to put employers on a par with | employees and passage of a law against the closed-shop and the {check-off.

HOUSE WAGNER ACT HEARINGS STARTED

WASHINGTON, May ¢ (U. P) — The House Labor Committee today opened hearings on amendments to the Wagner Labor Relations Act by calling: witnesses who favor fundamental revision of the statute. Rep. Fred A. Hartlely Jr. (R. N. J), sponsor of a series of amendments, presented a series of charges! against the Board. Board Members Chairman J. Warren Madden and! Ecwin S. Smith listened to the! te. timony. Rep. Hartley charged that the NLRB “aggravated strikes,” caused “great losses to employer and employee alike,” conducted partisan and biased hearings, based de- | cisions on “incompetent, irrelevant and hearsay evidence,” “‘deliberate(ly delayed decision,” and showed “a "definite bias for the C. I. 0.”

vocated complete repeal of the un- |

Hagerstown

WEDEKING HEADS STATE BANKERS

Hanes Brothers’ Arrival in City Delayed by Freight Wreck.

(Continued from Page One)

| tion upon branch banking (in Indiana) is indorsed.” The annual banquet was held last

|

capital gains and losses, pay-as-you- night at the Claypool Hotel Riley poughton estimated that this change

| room. | Operation of the Federal Housing| Administration in Indiana was] praised by George S. Anderson, {president of the Elkhart First National Bank, during a round table session on “The Declining Earnings Problem” yesterday afternoon. Mr. Anderson said administration {of FHA in this state has been highly |satisfactory and “exceptionally free from politics.” Mr. Anderson touched on the trend toward installment financing by banks, declaring the practice was “here to stay,” but warning bankers not to “get their fingers burned.” Discusses Service Charge

Service charges as a means of revenue to make up the decline in banks’ earnings from loans was discussed by Arch C. Voris, president of the Citizens National Bank of Bedford. | Dr. H. C. Sauvain, of the Indiana University school of business, spoke on technical procedure of banks in staggering maturities and setting up secondary reserves. Between sessions, members of the American Bankers Association in Indiana held their annual election. Felix M. McWhirter, Peoples State Bank president, was named to the |executive council for a three-year |term. Others named without opposition included Theodore Reininga, | Washington, Ind., state vice president; W. W. Gasser, Gary, members of the A. B. A. nominating com{mittee to the Seattle convention; Don P. Carpenter, Brazil, alternate. State vice presidents for various divisions also were named. They are: National bank division, Harry R. Fuller, Indiana National Bank: | Bavings division, Harry Fitzgerald. | Evansville; State bank division, Ele mer B. Funk, Warsaw, and trust division, C. G. Steinwedel, Seymour.

|

IN INDIANAPOLIS

Here Is the Traffic Record

County Deaths 14

| Speeding .... ti a —— (Te. Date) 2 Reckless

driving ..,. 1}

Running

i aths City Des preferential

(To Date)

20 Running Red 18

Accidents .... Dead Arrests Civtee

MEETINGS TODAY

Burroughs School, junior choir meeting, Hotel Washington, noon, International Harvester Co., Hotel Washington, noon. ke Association,

12

meeting conven- » lunch-

oon. Advertising Club of indianapolis, lunchpon. Columbia Ciub, noon. Indianapolis St tvaunive Club, dinner, arott Hotel, 8 p la Chi, luncheon. Board of Trade,

American Business Club, luncheon, Cooon

umbia Club, Acacia, luncheon. Board of Trade, noon.

’o Sigma Nu, luncheon, Hotel Washington. \ Caravan Club, luncheon, Murat Temple,

n. Oil Club, luncheon, Hote] Severin, noon Construction League Indianapolis. | uncheon, Architects’, and “Builders Build-

I y Indianapolis, Cs Camera Club, meeting. 110 St

Ninth St \ Beta ot ta Pi, age, n

MEETINGS TOMORROW Bee on Interstate Welfare, | 1 Rotel all day.

In jana Audubon Society, annual t-! Hotel Lincoln. all dav. mee Hotel Wash- |

“k aohange i Club, luncheon, noo {Optimist Ciub, luncheon, Columbia Club, oon

m. luncheon, Canary Cot-

ngton,

Reserve Officers’ Association, luncheon, $oard of Trade, noon. Indtanapolis fincheon, Columbia Club, noon. Phi Delta Theta, luncheon, Canary Cot-

whoa F Tau Delta, luncheon, Columbia ub.

Kappa TSinma, luncheon, noon

Executive Council,

Canary Cot00 alesmen’s Club, luncheon, Hotel Wash-

ent Taft Clad, ai Hotel Wash nte! lub, dinner, Ho ashingon, 6:30 p. m. 8

BIRTHS

Girls

Dwight, Helen Davis, at St. Vincent's. Virgil, Eva Mae Weaver, at Cit

cerebral hemorrhage 1 Lo

Boston, Florénce

McQueen, at Francis Charles, Lillian URN, ot St. Francis. | Louis. Mary Uberta, at St. Francis. Herbert, Frances Wolt. ti St. Francis. i" So usH, Mary Atwell, at 2020 E. Mary-

St.

James, Mary Shimp, at 317 E. Minnesota.

DEATHS

ary Powell, 76, at City, broncho-nneu ia William Elmer Cunningham, 76, at 2519 E. Achigan, coronary thrombosis Anna Rose Horning, 45. at 3933 N. Meridian, chronic myocarditis. Sarah Catherine Furnish, 74, | Gimber, arteriosclerosis. Charles C. Davis, 76,

yee Beatrice Allen, 33, at 311 W. 32d, {acute cardiac dilatation. Harry P. Mueller, 64, at St. Vincent's, | chronie myocarditis John Wesley Langwall, 66. at City, coronary thrombosis. Barbara C. Dickey, 56, at 1601 W. Morris, cerebral hemorrhage. Oscar Vetter, 65, at City, pulmonary

tuberculosis. 68, at 229 Hancock,

James F. Foster, coronary occlusion. James Earl Langford. 1, at City, in- | fluenza. = George H. Williams, 52, at Veterans. broncho-pneumonia.

MARRIAGE LICENSES

(These lists are from official records in the County Court House. The Times, therefore. 1s not responsible tor wrrors in names and addresses.)

Herbert Hollingsworth Lockwood, 8 Woh St Ave.; Irene Frazier, 21,

nthony Steven Krois, 27 pe arTiett Elizabeth Mack,

ph Marion Rupe, of 909 Prospect ; Margaret Myrtie FINA 64, of "851 | Prospect St. R. 17, Rox 140;

20, of of 129

of 2210 Vine 25, of 2231

st. | Eas

Ronald Jaris 21, of R. Henrietta J 23d 8

Jesse Atiander Blanton, 21, of 65% Blake t.; Julia Frances Jameson, 19, of 829': ne Harold Newman, 34 of 1047 - jon St.; Paula Frances Pavey, 31, oh |” Lloyd Earl ‘Tomlinson, 24, of R. ; Wilma Elmore Donelson, William A. Matthews. 25, of 2453 N. New gorse’ St; Opal Danford, 23, of Route 10, Ni Margarett J. X, Us. of 614 Sanders *peroy Piliow, 21, of 2315 Paris Ave; “Elbert Arnold Lows, of Riley Hog: By : Mayiiou Klaphel, 22, of 1015 Ethel O. A $6, of 2122 Gent aor aries A irkbride. 29, of 1609 Bh e.; E, Arsenal Ave Roger Wiliams, 25, of 3025 Martindale Lonnie Temple, 35. of 2007 es a: RY on ue, 21, of 9697: W. Wash

Paca S Ritter Ave Bo ; % ot [Boy 8, Box 192. = ° xX Albert E. Rollings, of 1317 Barth Marie Giddens, 20, of 1952 Roache St. aware a “Dorsett, 44 of 2122 en) Ave.; ve. Jessie Huckles, 20, of 822 Ave. Thenis Rush, 23, of 2435 Yandes S she ington

WV. Raymond, Bernadine Lake, gs Coleman. Harold, Betty Purcell, at St. Francis. Oliver, Mary Rudolph. at St. Francis,

Boys

Paul. Marie Baumann, at St. Vincent's hries, Forense Hoffmever, at St.

Anthony, Marie Loviscek, . at St. rvel, Ruth Peters, Alma Bumen, a

vinvin-

at St. Vincent's. at St. Vincent's.

ulius Sohn Somoya, 21, of 3010 W. 10th St.. Dorothy Maxine Sharpee, 18, of 2918

Jackson St. Delbert Brummett, 24, of Marunsyiile: Dillender, 20, of 426

Madge TE 3 OpdOn. 54, of 33 hives;

Alabam of SB, > aE 8.0 Terre iaute: = or’ 2519 N. New Jersey

Evelyn Sdn 23, of 2510 Bradbury St.

at 1708] at 5524 Julian, |

Evelyn Peggy Fournace, 22, of

N. | Cincinnati

' | Los

Josephine Cook, 25, of 4904 Washington

Albert Merit Rust Jr., 21, of 443 8 ; Betty Clemons, 19, of 3609 N

ard Lee Fletcher, 20, of Pekin, Il; hirley Frances Layne, 18, of Chicago.

FIRES Wednesday

Social Security Cut of Billion Offered Business

WASHINGTON, May 4 (U. P.)).—The House Ways and Means Committee proffered to business today an estimated omne-billion-dollar reduction in social security taxes for the next three years. As the committee neared completion of its proposed revisions of the social security program, Chairman Robert L. Doughton (D. N. C.) announced additional amendments designed to ease the social security tax load. Revisions approved include: 1. Placing a ceiling of $3000 on wages subject to the 3 per cent bay-

Republicans were elected with support of the elderly doctor.

The Republican House leader,

‘Democrats to Revive ‘Townsend Issue

‘|were elected with Townsend sup-

roll tax for unemployment compensation. Wages in excess of that amount would be tax free. Rep.

Rep. Joe Martin (Mass.), is in an embarrassing position.

Asked today, he would not dis-

would save employers 60 million dol- close how he stood on the Town-

WORLD COVETS RIGHES OF U. S., CONGRESS TOLD

Nation Must Prepare for ‘Ultimate Struggle,’ Scrugham Says.

WASHINGTON, May 4 (U. P.).— Rep. James G. Scrugham (D. Nev.), opening debate on a $770,473,241 Navy Appropriation Bill, asserted in the House today that the United States faces an ultimate showdown with nations which covet American raw materials. Rep. Scrugham said the bill, heaviest appropriation for the Navy in peacetime history, had no relation to the immediate European crisis. It does relate, he said, to apparently “inevitable warfare in the not-dis-tant future.” The bill, which with other measures will bring total defense appropriations of this Congress near the record mark of $2,000,000,000, carries funds to lay the keels of two 45,000-ton battleships and money and contract authorizations for 500 new naval fighting planes. It also would finance start of construction of 21 other new naval vessels. Rep. Scrugham, chairman of the appropriations subcommittee which prepared the bill, said disarmament proposals and economic appeasement efforts seem to be ‘“‘absolutely useless” under present world conditions. Rep. Scrugham said the world’s present ills stem essentially from a “struggle between the haves and the have-nots.” “This country is the richest in the world in the majority of these natural resources, as well as the richest in variety and quantity of food products. The United States cannot avoid the issue. It is part of our domain that is ultimately at stake.”

U. S. to Keep Fleet

In Pacific for Year WASHINGTON, May 4 (U. P.).— Admiral William D. Leahy, chief of naval operations, has informed Con-

lars a year, or 180 million dollars in [Send plan, or how he would vote.

the next three years. 2. Retention of old age insurance taxes at their present level of 1 per cent on employer and employee, instead of permitting the automatic increase to 1.5 per cent on each to become effective Jan. 1. Estimated saving: 825 million dollars in three years. 3. Inauguration of old age annuity payments in 1940, two years ahead of schedule. 4. Revision of the unemployment compensation tax law to permit states which have built up reserves of probably one and one-half times their highest annual total of benefits to reduce their share of the 3 per cent tax (27 per cent for states), and at the same time allow employers to obtain their full 90 per cent credit on the Federal payroll tax. The Government taxes payrolls 3 per cent for unemployment now, but collects only 10 per cent of the amount, provided taxpayers remit to state unemployment systems an equivalent of 2.7 per cent of payrolls. Under the new plan, the state might reduce its 2.7 per cent to 1.7, automatically slicing employer taxes on the basis of a $300 total levy to $200. No estimate was made of the probable benefits of this plan. It might give the most saving of any of the proposals.

By THOMAS L. STOKES Times Special Writer WASHINGTON, May 4 — The House Democratic leadership is laying plans to drag the still lively ghost of the Townsend old-age pension plan into the House and parade it before frightened Republicans as a means of embarrassing them politically. The object is to put on record the many Republican Congressmen who

port, and thus to challenge the sincerity of a party which also is shouting for a reduction of spending and for a balanced budget. Beforehand, however, they will build up the defenses about the

| 10:15 a. m—H C. Catraichasel, 3120 | Gi actiand, burning flue, no_ los 2 R Welsh Realty

—John . Gon NT Martindale, sparks from flue |

OFFICIAL WEATHER

By U. 8S. Weather Bureau

INDIANAPOLIS FORECAST — Considerable cloudiness and somewhat warmer tonight and tomorrow. Sunrise ......4:41 | Sunset TEMPERATURE —May 4, 1938— 6:30 a. m... BAROMETER 6:30 a. m.. 3023

Precipitation 24 hrs. endin Total precipitation since Excess since Jan. 1

“ib oie 6:42

6:30 a. m. _.00 an. 1......17.07 3.4

MIDWEST WEATHER

Indiana—Generally fair in south portion, occasional light showers probable in north portion tonight and tomorrow; somewhat warmer tonight and in south portion tomorrow.

Mlinois—Generally fair in southeast and extreme south portions, occasional light showers probable in north and west-cen-tral portions tonight and tomorrow, somewhat warmer tonight and in south por(ion tomorrow Lower Michigan—Oceasional light showers tonight and tomorrow, somewhat warmer snl and south portions tonight: cooler in extreme north ‘tortion tomorrow

Ohio—Mostly cloudy and warmer tonight and tomorrow, with light showers omorrow, and in northwest uvortion tonight. Saturday showers. Kentucky—Mostly cloudy tonight and tomorrow; .ig extreme north portion tOMOI TOW; day showers.

WEATHER iN OTHER CITIES 6:30 A. M. Station. Weat Ban Temp. Amarillo, Tex. ....... pH 56 Bismarck, N. D. i....Clear Boston in

and warmer ht showers in Satur-

837

sususay”

832533355835 5252235%

Cleveland Denver Dodge oy. Helena, Jacksonv lle, Kansas City, Little Rock. Angeles Miami, Mpls -St. Mobile. Ala “a New Orleans New York ....... Okla. City, Okla, aha, Neb. ..

Paul’

B3233883583853383

Francisco ..

Sarees

$5. | ity program against the wave of de-

Administration's own social-secur-

mands for increased old-age pensions. No Decision Yet Reached This will be done by presenting amendments to the present Social Security Act, which the ways and means committee is now drafting. The bill should be ready within 10 days. It will be submitted to Congress as an adequate, moderate pension program, with emphasis also on the relief for biisiness which it will ive. $ The Townsend plan can be brought before the House for a vote, after the social-security amendments are considered, if the Committee reports the bill “without recommendations” and thus puts it on the House calendar. This course seems to be favored by Democrats on the Committee and has been discussed by the leadership, though it was said today no final decision has been reached. With leaders supporting the move for a showdown, the Rules Committee would pave the way. Certain of Defeat Leaders concede that the Townsend plan will get a substantial vote, but they have made sure that it will be defeated. Republicans suspect that the Democrats will resort to some sort of parliamentary maneuver to bring the bill before the House for a straight up or down vote, with no provision for amendment, since some modified pension proposal might turn out to be victorious. Democrats are taking precautions. They have, for instance, discarded from consideration the General Welfare Bill, a modification of the Townsend plan which would provide pensions between $30 and $60 a month out of a 2 per cent grossincome tax. Such a bill might prove dangerous if it got out on the floor. Some Democrats may be embarrassed by a Townsend plan vote.

If

It is inconvenient to lay money on the line...a CHARGE ACCOUNT may be the answer. Have you heard about the JUNIOR ACCOUNT? (The NEW ACCOUNTS DESK, BALCONY.)

=

Thirty-eight of them were elected with Townsend gupport. But

gress that any reduction in defense

$25.00°

(4-PIECE) JACKET, VEST, TROUSERS, SLACKS.

$20.13

(4-PIECE) JACKET, VEST, TROUSERS, SLACKS.

Envoy Shifted

WASHINGTON, May 4 (U. P.). —President Roosevelt today nominated Norman Armour, Ambassador to Chile and former Minister to Canaila, to be Ame bassador to Argentina.

preparations would jeopardize national security. He declared that America must prepare to defend its shores from all possible alliances without depending on any foreign source for assistance. He also said present plans were to

keep the fleet in the Pacific for the next 12 months. Admiral Leahy analyzed the world armament race before the House Naval Appropriations Subcomn.ittee. Records of his testimony were published today.

Vandenberg Asks New

Cash-and-Carry Law WASHINGTON, May 4 (U. P.).— Senator Vandenberg (R. Mich.) introduced legislation today to re-

enact cash-and-carry provisions of the Neutrality Act, which expired at midnight last Monday.

Strauss Says:

REORGANIZATION

ASSURED AFTER HOUSE BACKS IT

Altmeyer, Ickes and Jones Likely Candidates for Biggest Jobs.

WASHINGTON, May 4 (U. P.).— Congressional approval of President Roosevelt's fist reorganization order opened a field today to candi dates for three new $12,000 a year jobs. Interior Secretary Ickes, Recon= struction Finance Corp. Chairman Jesse H. Jones and Social Security Board Chairman Arthur J. Altmeyer apepared the most likely candidates—if they want the jobs— to head three new Government agencies. Hoosiers Divide 7-5

The reorganization plan was assured of becoming effective June 25 —60 days after its submission to Congress—when the House yesterday defeated, 264 to 128, a resolu=tion by Rep. John Taber (R. N. Y.) to reject it. Under the reorganiza= tion Act, an order becomes law un= less vetoed within 60 days .by both the House and Senate. In yesterday's vote, the Indiana Republicans split on party lines, Reps. George W. Gillie, Robert A. Grant, Charles A. Halleck, Forrest A. Harness, Noble J. Johnson, Gerald W. Landis and Raymond S. Springer (R) voted to set aside the re organization plan. Reps. John W, Boehne, Eugene B. Crowe, William H. Larrabee, Louis Ludlow and Wil= liam T. Schulte (D) voted against the Taber resolution, along with all the other Democrats of the House and 28 Republicans from other states. Ickes Is Question Mark

The order will establish new Fed= eral works, security and lending agencies, and bring budgetary, statistical and resources activities under the chief executive. Secretary Ickes was believed to be the President’s choice for the works agency, but he may not want to give up his Cabinet post. Mr. Alt= meyer was reported the choice of most of the New Deal inner circle for t®e Federal security agency.

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