Indianapolis Times, Indianapolis, Marion County, 4 October 1940 — Page 12
SEE ARLEN a
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SAVINGS AND LOAN GLASSES TO OPEN
The Savings and Loan Institute.
will hold its fall classes Monday at the Y. M. u. A. The Institute is the educational division of the United States Savings and Loan League. This is the eighth consecutive year that the school has operated in Indianapolis. Average attendance is 70 students. John T. Rocap, attorney, will teach real estate law, and Lisle Tinsman of Railroadmen’s Federal Savings and Loan Association, will
‘nearly $7,000,000.
Times Special WASHINGTON, Oct. 4—It's a long, long trail from a report to an airport. That's what many Indi-
ana city and town officials are!
learning today as they get replies to hopeful telegrams which they sent the Hoosier Senators and Congressmen. . The queries were addressed here because a Civil Aeronautics Board survey showed that more than 70 Indiana cities and towns have airports which could be improved by Federal funds to the extent of
ity, but was revised and given a defense angle when presented to the House Appropriations Committee. It covers the entire United States and would call for funds amounting to more than $600,0600,000. The appropriation kill—The third Supplemental Civil Functions Bill —-provided merely. 80 million dollars for the airport building program. and this was to be spent over a period of five years and only for airports of military value. And this week, the Senate’ Appropriations Subcommittee, approving. the bill, cut out the airport provisions
The survey was made in 1939, by |
altogether. But believing that the funds were
ors have been asking for theirs right now. For instance, the town of Huntingburg was set down for a possible $155,000 airport expenditure some time in the future—if ever. In 1939 CAA made a survey which was brought up to date this month and included approximately 3500 various places for this work. And Rep. John W. Boehne Jr. (D. Ind.) wrote the Huntingburg mayor: “Wherever new lands are purchased or buildings erected, Secretaries of War and Navy must certify that such ports are national de-
THE INDIANAPOLIS TIMES
Seeking an a Airport Is One Thing, Getting It Is oi
airports, approval must be obtained from the CAB Administrator and Secretary of Commerce. “Your city is included in the survey, but of course construction and completion of any project depends first on passage of the bill;
’I second on availability of funds, and
third certification that it is a defense item.”
Similar messages were sent out
to various mayors by the Senators’ offices. Rep. Boehne pointed out that the survey is about like the one made by Army Engineers for flood control and that only a few of the more necessary projects are ever
SOVIET STOPS BOND PAYMENT TO BRITISH
LONDON, Oct. 4 (U. P.).—AngloRussian relations received another jolt today with the announcement that the Soviet Government has stopped payment of interest due Oct. 1 to bondholders of the British Tetihue Mining Co. RX. The company’s concession | for Transbaikalia mining: operations was suspended by the Soviet in 1923, but a settlement was arranged providing for regular interest payments to the British owners. Soviet authorities here indicated
Britain's refusal to transfer to Rus sia some £4,000,000 ($16,000,000) fi gold belonging to central banks: © the former Baltic states.
and
from prison.
Milk Fed
Rock Frys | Rock Hens Leg. Hens
HOOSIER P
MAX SM {
107 N. ALABAMA
court records are dee yed five years after his ree
teach savings and loan principles. the then Civil Aeronautics Author-'a matter of moment, Indiana May- 'fense items. For all other work on'actually carried out. that the default was in reprisal for
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