Indianapolis Times, Indianapolis, Marion County, 17 August 1939 — Page 6

livered by the Rev. Richard, Demp- Chicago Tract Society, will give thy : sey, Indianapolis. The Rev, J. W.|missionary sermon tomorrow afters = noon and evening. The Rev. H. L, Burtchin, Hume, O., will deliver-an

[CHURCHES CONVENE

Mirror Tells on AT RAYS CROSSING

LOCAL OPTION

Sagar, assistant moderator of the

MONOPOLY iz

Big Show Is Promised if Inquiry in Investment | Field Is Resumed.

By CHARLES T. LUCEY Times Special Writer - WASHINGTON, Aug. 17.—Plans are being developed for the resumption, probably early in October, of

the Temporary National Economic

Committee’s investigation into investment banking which was “postponed indefinitely” under somewhat mysterious circumstances in May. Whereas the investment banking study originally was to have been only a three-day part of an overall study of the whole national savings and investment picture by the socalled Monopoly Committee, the plans now call for two weeks of hearings devoted exclusively to this one phase of the subject. Again, it is anticipated that the committee will call to Washington the “big names” of finance and banking who figured in the spectacular investigation of Wall Street by Ferdinand Pecora early in the New Deal.

Many Reasons Given

Among those who had been scheduled to testify when the May hearings were called off were George Whitney of J. P. Morgan & Co.; Harold Stanley of Morgan, Stanley & Co.; Louis Straus and Elisha Walker of Kuhn-Loeb; Floyd Carlisle of Consolidated Edison; Wendell Willkie of Commonwealth & Southern, and Charles E. Mitchell and George Leib of Blyth & Co. Many. reasons were given for the sudden postponement of the hearings in the spring. Among the “official” reasons was that Congressmen on the committee were being forced to neglect their other legislative tasks because of the hearings. But it was only a short time later that the committee resumed— on another subject. A report given some credence was that members of the Securities and Exchange Commission and others in the Administration were concerned lest the important financial figures use their appearances here as the occasion for blasts at New Deal economic policies.

Punishment Denied

_ Others believed little was to be gained by bringing the financiers to Washington and grilling them about _ their business at a time when cooperation was being sought for reCOVEry purposes. But those planning the study in-

sist that there is nothing punitive |f|

in the undertaking—that the study is an exploratory one in which the bankers’ views would be sought on means of freeing the vast reservoir of savings for productive enterprise. It is conceded the financiers are in a key position in regard to the objective sought by the committee— to find means of prying open the capital market as a basic approach ‘to recovery. 3 Big Show Expected

There have been reports that the committee would study the separation of investment from commercial banking, which, it has been charged, has not been carried on fully in accord with the policies laid down by Congress a few years ago. Reported opposition to SEC attempts to regulate over-the-counter security dealers is another subject said to be scheduled for study. . While there is expected to be no attempt at the pillorying that has marked some past investigations, this does not mean the committee . would not take a sharp look at operations in the banking and securities field since the 1933-34 reforms. If the hearings now go forward as planned, they will constitute one of Washington’s biggest “shows” during the adjournment of Congress.

PUSH PLAN TO TEST NO-STATIC BROADCAST

NEW YORK, Aug. 17 (U. P)— A radio station land research laboratory atop the Empire State Building to test a new type of broadcast devoid of static was planned today by the National Broadcasting and jAmerican Bell Telephone Companies application for . permission to build an experimental, 1000 watt station operating on 426 megacycles (a short-wave frequency) was pending before the Federal Communications Commission, Chief Engineer O. B. Hanson of N. B. C. said construction of the station . on one of the top floors of the Empire State Building would begin immediately when the FCC approves. 2 Experiments with . “static-less broadcasting by individual inventors and radio engineers have been underway several years. Maj. Edwin H. Armstrong, Columbia University electrical engineering professor, pioneered. at his special short-wave transmitter W2MM at Alpine, N. J. Maj. Armstrong believes his method of operating, known as “frequency modulation,” has eliminated static on specially designed radio receivers to pick-up the experimental broadcasts. The tests have been conducted in thunderstorms and gave Clear reception even then.

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Assisted by a large number of enzymes, which come from pineapples, the native American hot dog

is very soon to make itself available to the eating Indianapolis public as an even more luscious mouthful. This announcement was made today by H. W. Vornbrock, Indianapolis wholesale branch manager for Swift & Co: He says a new process involving pineapple juice has been developed in the company’s research laboratories that will make the hot dog casings much mqQre tender.. It seems, according to Mr. Vornbrock, the dogs are dipped in or sprayed with pineapple juice after they are stuffed but before they are cooked. The dogs then are cooked according to specifications long used by the company. After they are cooked, they are'*washed and the pineapple flavor goes with the water. Thus the taste is left the same as it has been for years, but the skins are tenderer. Mr, Vornbrock said patents are

Dogs bathed in pineapple juice get tenderer. 2 2 8

Wieners About to Recei ve Skin You Love to Munch

pending on the process. The pineapple juice contains enzymes which are a peculiar type of protein found in some vegetable, fruit and animal cells which have the ability to act on other organic materials, “peptizing” the proteins and thereby softening the tissues.

this process the 5000-year-old science of sausage making has been changed fundamentally. He pointed out that the ancient Chinese, the Greeks of the time of Homers Odyssey, or the Romans of the early Christian era didn't have this kind of hot dogs. Indianapolis soon will, though, he promised.

GIVES BOWL TO MUSEUM

—A punch bowl which once belonged to Napoleon has been pre-

estate of - Mrs. Robins. The bowl was purchased at a sale of property once owned by Joseph Bonaparte.

PHILADELPHIA, Aug. 17 (U. P.).

sented to the Art Museum by the Emily McMurtrie

State Anti-Saloon Leader Urges Temperance Forces ‘To Stand United,

Times Special MARION, Ind. Aug. 17 Enact ment of a local option law by the next Legislature was urged by Dr. T. Fred Willlams, Indiana AntiSaloon League president, before the last Indiana conference of the former Methodist Protestant Church here today. “The temperance forces of the state must stand united for home rule on the liquor question,” declared Dr. Williams, pastor of the Trinity Methodist Church of Lafayette. ; “Some day there will be no liquor problem,” he continued. “Anything that destroys or retards the general welfare of the people as do alcoholic liquors must pass away.” He charged that the liquor traffic always attempts to align itself with political machines and that public office holders in Indiana are in the liquor business. “The Indiana Legislature in its last session,” Dr. Williams said, “gave recognition to the fact that alcohol is extremely dangerous when it enacted a law declaring that one

Mr. Vornbrock says that throughtang one-half drops of alcohol to

1000 drops of blood in the body of an automobile driver is prima-facia evidence that the driver is under the influence of liquor.” Advertisement

George No Longer Drinks Whiskey

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Pat After ‘Bat’

BETHANY, Mo. Aug. 17 (%. ~ P).—Pat, a 20-pound ape owned by Hershel Goodwin, went on a week-long “bat” during which he roamed the town, chased cats, was chased by dogs. Then, the fun playing out, he came home. He was disheveled and dirty. Goodwin handed him a mirror. Pat took a good look, smashed the mirror to the ground and leaped into a tub for a bath.

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