Indianapolis Times, Indianapolis, Marion County, 15 April 1940 — Page 4

EWEY SEEKS 28 DELEGATES

Maps State Organization;| §

‘Unemployment-and Peace - Main Planks. "(Continued from Page One)

ernoon for both Mr. and Mrs. Dewey. : _ James M. ‘Tucker, Secretary of State, speaker at the luncheon meeting, assailed State Democratic Chairman Fred F. Bays’ ‘charges that the Republican Party has no program in Indiana. . “The Republican Party stands for tried and true ideas of Americanism and for honesty and decency in government,” he said.

Irwin Heads Greeters

The reception committee greeting Mr. Dewey at Union Station was : headed by Will G. Irwin, of Colum-

bus, national committeeman; Mrs. Grace B. Reynolds, of Cambridge City, national committeewoman; State G. O. P. Chairman Arch N. . Bobbitt, John K. Ruckelshaus, Republican State Executive Committee chairman; and Nolan C. Wright, chairman of the Young Republicans

. Hoosier Republican . organization ~ leaders have | not indicated which ‘of the Republican Presidential candidates will get Indiana's support, but sentiment is expected to develop following Mr. Dewey's visit. The same group of Republican leaders turned out to greet U. S. ‘Senator Robert Taft when he stopped here on a speaking tour several months ago. Mr. Gause will preside at the rally meeting tonight and Chairman Bobbitt will introduce Mr. Dewey, + who is expected to outline the high points of his campaign platform.

"PROSPECT POOR FOR ANTI-LIMESTONE BILL

Times Special - WASHINGTON, April 15.—Hearings on the Hobbs marble bill, designed to displace the use of Indiana _ limestone in the $50,000,000 War and Navy buildings, will be resumed tomorrow, but there appeared little chance for it receiving a favorable It \

. - Charles. T. Penn, vice president of “the Indiana Limestone Corp., dealt the measure a stiff blow when he testified that the low bidder on the first uhit of the War Building glready had contracted for Indiana HImestone which now is being quarried. - John McShain, Inc., Philadelphia, was awarded the construction contract for the first unit at $4,377,000.

Striking, brunette Senorita Lillian Somoza, daughter of the President of Nicarauga, was recently chosen Queen of the 17th Shenandoah Apple Blossom Festival, to be held in Winchelter, Va., May 2.. Senorita Somoza, nearly 18, is a senior at Gunston Hall, Washington, D. C.

Ice Stops the Court Clock

Times Special ANDERSON, Ind. April 15.— Usually it’s starlings this time of the. year that cause Court House clocks in Indiana to stop running. But when the clock here ceased running, Joseph Stoner, custodian, knew there was a different reason. Armed with a hammer, he reached through the window of the Court House tower and broke the ice fro mthe hands lof the clock. : | em he t———

50 INJURED AS FIRE -

RAZES AREA IN COLON

COLON, Canal Zone, April 15 (U. P.). — Fifty persons were, injured, none seriously, and 10,000 were made homeless when fire swept the center of Colon Saturday night, -cfiicial statistics showed "today, The fire, which destroyed a third of the city, was controled by firemen and United States Army and Navy units early yesterday morning. The Army and the Red Cross set

st bel candidacy being predicated on the condition that President Roosevelt will not be a candidate for a third te {

y IWNUTT SWINGS

1STHAYMAKER

|Demands Low. Prices De-

spite. New Deal Effort to Keep Them High. (Continued from Page One)

came out. flatly for lower prices, while the whole effort of the Administration has been to boost prices. Terming unemployment the naetion's number one problem, Mr. McNutt argued that technology can solve] it by lower prices which will make for mass consumption, provided we “hasten our return to the competitive - profit system upon which the American capitalistic economy is founded.” : ; In conclusion, he declared, “we must learn how to utilize the power of taxation and control over combinations and trade practices to insure such competition. Thereafter, we may let business and industry run its own show. The normal rules of the ‘capitalist game will insure prosperity if we give them a chance to operate.” Today Mr. McNutt went to Park-

*|ersburg, W. Va., where he will de-

liver *a .Jefferson’s birthday address tonight. | His Western trip starts May 5, and he is taking a three weeks’ léave of absence with the President's approval.

Plans Southern Swing

tarting in Michigan, he will campaign in Illinois, Iowa, Nebraska, Colorado, New Mexico, Arizona, California and Washington, the announcement stated. eturning he will pass through Idaho, Utah, Nevada and Wyomsing, making his final speech of the tour and his first farm speech at the Iowa State Convention of Young Democrats on May 20 at Waterloo. Shortly after his return here, he will enter the South on a similar mission, visiting Georgia, Mississippi and Lousiana. The announcement s this will have taken Mr. McNutt 0 every state except those sup-

rting favorite son candidates.

[t concludes that Mr. McNutt, on coming tours, will take the imp on his own behalf and on alf | of the Administration, his

e reiterated his statement made

last yedr that if the President runs, he would support him.

But his speech last night was far

from giving the Administration 100 p

It follows, in

dren were taken by train lantic side of the isthmus comodations were arrang

National Stadium.

up tent cities in Cristobal and areas of Colon and 4500 women and chilthe Athere acd in the | 3

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cent support. part: * ‘The number one problem of the nation is unemployment, and I shall confine my remarks to it. In pondering this problem, I cannot help believing that our best chance of solving it is to hasten our return to the competitive profit system upon which the American capitalistic economy is founded: “For many years, particularly

system in America. When we did

‘| have it, it seemed to work very well.

We adhered fairly closely to the theory of the profit system in the years when it was impossible to produce enough consumers goods to supply the market. :

| Failed in Readjustment

“But ‘when, by scientific advances, e constructed an industrial plant which could provide a fair standard of living for all the people, we failed to readjust our practice to meet the new situation. The result has been that we have drifted away from the principles of private enterprise and competition which made it possible to build a great civilization. |“I believe that the way to make the capitalist system work smoothly is to pass on the benefits of efficiency in production to the consumer in the form of reduced prices. Since labor and those who invest capital in one way or another constitute ‘by far the majority of

. | consumers, this is the one compre-

hensive way of dividing equitably

the profits of technological advance. “What dis ‘more important, is a méthod of distributing . these profits, which will enable our industrial plant to operate at maximum capacity. America is now equipped to supply goods and services, to produce a 90-billion-dollar-a-year income, measured bn the present purchasing power of the dollar. As that dollar is increased in purchasing power, by lower prices, we come closer to the 90billion goal.

Backs Private Enterprise

. “The American people can use all the goods that American industry can produce with its entire labor resources fully employed. That means prosperity. But we can never obtain that result with industry, labor, agriculture, all striving to obtain a larger and larger share of a smaller and smaller total. “The capitalistic system is based upon the principle of private enterprise and competition. Competition means the lowest possible price consistent with a reasonable return on invested capital, if we believe in the capitalistic system. And I do believe in it, for it is. only by vigorous and genuine competition that [the constantly diminishing costs of production can be transmitted into consumer benefits and the ensuing expansion of labor and capital.” .

prior to 1932, we did not have this’

TO CONFESSOR NO. 2

FT. WAYNE, Ind, April 1 (U. P.). Anson Hafer, 28, today was charged with murder.in the first degree for the holdup-slaying of Asbury Bunting, 60, and bound over to the Circuit Court without bond. Hafer was arrested last ‘week at Rochester, Minn., and confessed. to the shooting. With his confession police dropped murder charges against Ralph Williams, 22, who had confessed slaying Mr. Bunting before Hafer’s arrest. Willlams still will be held for robbery. Meanwhile authorities made four other arrests on the stzength of statements from Hafer. Virginia Gardner, 24, was charged with harboring a felon, bound over to the Cireuit Court and released under $500 bond. Clyde White, 32, was held under $10,000 bond as accomplice before and after the fact of murder, and Ray Clark, 42, and Mose Ebéjay, 27, were bound over to Circuit Court under $2000 bond for burglary. \

TAX SHOWDOWN DENIED MNUTT

Prepares for Tour and Still

A ‘Clean Bill. (Continued from Page One)

a third term—much less that he has picked the Hoosier. as his favorite. The status remains the same as when Administrator McNutt’ accepted the security job; namely, that he will withdraw as a candilate if the President runs, and that meanwhile he has White House permission to campaign for himself on that basis. The only change is that the President has failed to force a showdown on the tax investigation —either prosecuting or giving Mr. McNutt a clean bill of health—as he and his friends hoped. The President was expected to act about two weeks ago after talking with Mr. McNutt and offer a hint by Internal Revenue Commissioner Helvering. But that hope was destroyed by Secretary Morgenthau’s statement that Mr. Helvering had been misquoted, and by the Morgenthau refusal to comment on the investigation. Mr. Morgenthau acts for the President. :

manner in which this long investigation has been used to hurt Mr. McNutt, without giving him a chance to clear himself, has reacted in his favor among certain politicians and convention delegates. There is no way of measuring the effect on the McNutt “two per cent club” in Indiana which is in very bad odor with the public. Added to these McNutt handicaps is the old enmity of Jim Farley. That enmity is not helped by Mr.

paigning while Postmaster General Farley campaigns on the public pay

roll. * No Ordinary Candidate

A candidate less courageous, and less convinced of his own high destiny, would give up in face of Chairman Farley’s ‘opposition and the Président’s failure to stop the smear. But Mr. McNutt is no ordinary candidate. He is sustained by a mystic sense that the heavens move for him. Frank McHale of Indianapolis, his campaign manager, does not trust so much to fate. He goes about beating the bushes, as he has been doing for two years, picking up 10 delegates here and one or two there. As a result there are probably more second-choice ‘delegai=s for his candidate today than far anybody except Mr. Farley. For

North Dakota and Illinois. And by the time Administrator McNutt returns from his swing

pressing audiences and talking privately with ‘hundreds of friendly businessmen ‘and legionnaires, undoubtedly he will have more sec-ond-<choice delegates.

CANADIAN SAILORS ON GREAT LAKES STRIKE

TORONTO, April 15 (U. P.).~— Striking - Canadian seamen faced Federal action today after halting all Canadian Great Lakes shipping a few hours before the 1940 navigation season officially -opened. Nearly 4800 members. of the Canadian seamen’s union struck in 15

raises, shorter work day, bigger crews, ‘union representation aboard ship and the closed shop. The Government said the strike was in violation of a Federal law and the union replied with a threat to extend it to 2500 workers on the docks and grain elevators. .

HELD AFTER RAID 4

St., was charged with allowing minors in a pool room and with operating a pool room without a license, after a raid yesterday on the Forty-Sixth Street Social Club,

11907 E. 4gth St.

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MURDER IS CHARGED |

President Refuses Him

There are some signs that the |

McNutt’s technique in taking - af Federal leave of absence for cam-|"

example, in Wisconsin, Minnesota,

through the South and West, im» :

lake ports at midnight for pay|.

Edward Duffy, 29, of 5198 Hovey|

FLINT, Mich., April 15 (U. P)— William Green, president of the American Federation of Labor, yesterday accused John IL. Lewis of leading a secret revolutionary movement intended to make him dictator

of the United States. Mr. Green made clear his organization would not support a third party, which Mr. Lewis, head of the Congress of Industrial Organiza-

ize. He warmly praised President Roosevelt in an address before

United Automobile Workers Union: A. F. of L. members preparing to

Cheste

tions, threatened recently to organ-|

Green Charges Lewis Plots

vote in a General ‘Motors’ bargaining election Wednesday. “I charge that the leader of the

C. 1. O. today is secretly planning a political revolution comparable to that which made Stalin the dictator of Soviet Russia, a political putsch comparabie to that which made Hitler the dictator of Germany,” Mr. Green said. ; “I charge that this man, suffering from delusions of grandeur, is

secretly desirous of becoming the

dictator of the United States ou

America. If this is not his motive,

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why he is playing the game of the 2h 4 ‘munist Party in this country.” |

Dictatorship |

I challenge him then to explain

Mr. Green purported to find support for his éharges in “the sta. coincidence of the simultaneous and ‘icious attacks launched by him Mr. Lewis) and the Communist ‘arty against the President of

Inited States the moment the resident denounced the Stalinlitler pact” ‘and in Mr. Lewis’ fallre to censure the pact and the inasions of Poland and Finland.”

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