Indianapolis Times, Indianapolis, Marion County, 2 January 1941 — Page 12

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JASHINGTON, Jan. 2—A move to obtain a ‘posic py official definition of the war aims of both

in the European conflict has been started here | will be given impetus when Congress conven:s.

may even win Administration backing. For tae Sk support of certain powerful figures on Capitol Hill depends, if large measure, on an authorifative statement of what Britain . and Germany are fighting for. - Among those who insist upon such a statement are some of (he most sincere members of Coils gress. They are not merely quii+ bling or trying to hamstring tlie President. To them the slogan “dictatorship versus democracy” seems too vague to die for. They point out that the United Statss is now playing “good neizhbor” tg several dictatorships in the West ern | Hemisphere and has been

doing so for more than a hundred years, And “Russia, which has executed, imprisoned, starved or

exiled millions of its people whose only crime wis

"to disagree with the regime in power, claims to be the - only real democracy while making itself an accomplice

of Nazi Germany, whose avowed aim is the destruc

tion of the democracies.

The Vandenberg Attitude

What is wanted is a clear-cut statement of wer

aims from both belligerents—a design outlining the -Kigd of peace they claim to be fighting for. |

From Britain, at least, this might be forthcoming.

‘That it would be given if the President asked for it . can hardly be doubted. And he might find it to his

‘advantage fo do so. To make this “the great arsenal

i «for democracy” which he wants it to be, he must hav @

.@ Congressional majority on his side. Among those who wish more light on the subject! . is Senator Arthur Vandenberg (R. Mich.). Admittedly _& lifetime isolationist, he came forward today with a surprise statement in “Foreign Correspondence,”

CHIEF MIKE MORRISSEY'S New Year's predics » tion is that the precinct system of policing is | coming back to Indianapolis. He has enough Captains toi! "stat at least six neighborhood stations, he say s—if

he had the stations. ~The Chief believes this system. with men out patrolling the beats, would help: con trol situations like the flareups| ‘on Indiana Ave. which now ha; | only sporadic visits by squad cars, He also would like to have his of ficers know their neighborhoods intimately. He has been working |toward

this system for several months.

He has the men and finances, bu’ needs the stations. He hopes some arrangement can be worked oul! whereby he can set up offices in| some fire stations, at least until the city can find the funds for

3 aoa had the precinct system several years Ago. With sergeants in charge, it didn’t work out so ‘well, and laxity finally caused a breakdown. |The central system has worked pretty well, but the Chie! thinks its old-fashioned now.

Teachers and the War Boom

SCHOOL OFFICIALS are beginning to worry that some of the 13849 teachers in the city may be tempted | to foresake their white collar positions for jobs in

++ «Jndustry that pay more. They aire particularly svor-.

s

ried about the industrial instructors, now among the, ‘most important in the school system. .. A strong reason for the official worrying is revealed | + bn a book Just puslishe by the Board. It shows that |

Washington

WASHINGTON, Jan. 2—It is time now to head | : in detail from the opponents: of President Roosevelt's foreign policy. They say his policy involves the risk of our get ting mie. war. -What are the risks of any other policy? What is the risk to the United States of sitting by and ¢on+ tributing to an Axis victory? President Roosevelt has |ex« plained why he believes a Nazi victory would endanger the United! | States. To support his case he | has cited the words of Hitler him. self. He has referred to the agree. ment by which Japan joined the Axis in a pledge that they would unite in action against any power—the agreement was directed af; the United States—that interferec! SEER with their program for a new world order. All that Senator Wheeler and Senatol’ Holt and the other isolationist Senators say, and all

that the America First Committee says, and all thai “the No Foreign War Committee says, is that Roosevelt;

will get the United States into war by his poli¢y of aiding Britain. They do not object to aid to Britain. but they do not think it very important. They think that no combination of powers can ever attack the United States and that no matter who wins we can do business with them. So why risk offending Hitler and provoking him to fight us? That is the general line taken by those opposing Mr. Roosevelt.

Asking Some Questions

. In the interest of clarfying public opinion, these) opponents : should spell out their position fully. Suggested points: 1. You would consider it a menace to the Unites States if Japan held Hawaii. Would you feel that | the United States-had no cause for anxiety if the

“Axis took over the Azores, which are closer to our mainland than Hawaii? © would you favor occupying the Azores before {the

If the Axis defeated England

Axis established itself there? 2. Would you feel there was no cause for anxiety if the Axis occupied Dakar, which is closer to ‘Brasil than: the Panama Canal is? 3 Would you feel that we were as secure ik raw

My Day

~ WASHINGTON, Wednesday —How marvelously t we all are in our use of the. name of the | . Each one of us, feeling sure that the Lord is |

"with us, proclaims the righteousness of his cause. It | 18. interesting to find this done even by a man who at |

one time was understood to be sub-

stituting German myhoiony for ||

the Christian religion | Here is the A from Hitler’s speech in one of our newspapers: “The Lord God thus far

has given his support to our strug- |

gle. If we faithfully and bravely fulfill our duty, he will not in the future desert us.” stal “Because we are fighting for the |

happiness of the peoples, we be- |

lieve we have earned the blessings | of Providence.” “Peoples,” of course, means the ‘people and the race approved by Hitler, be- | je also states: “It is no empty phrase but in | ‘earnestness we give assurance that for every |

11 be dropped in return.’

DERIESS

|| hands or more in the hands of

He also stales: |

By Wm. Philip Simms

saying that under certain circumstances he would back President Roosevelt's policy even though it meant war. “Foreign Correspondence” is a weekly “review of external evenis and their impact on the United States” gotten out by Sir Willinott Lewis, Washington correspondent | of the London Times, and Edward Weintal, well-known Polish journalist. People have to be convinced, Senator Vandenberg was quoted as saying, that a npggotiated peace between Germany and Britain is impossible. His belief that such a conviction must be established, if enthusiasm for aid to Britain is to be genuine, prompted his proposal that the United Staies ask the belligerents to state their war objectives.

What About Socialisin?

If it should be shown, {he Senator “went on, that Hitler's Objectives “canrot be reconciled with the American way of life,” then, and only then, would it be czar that this war must be fought to the end and that Britain must be given all possible aid, “up to thé limits of which we are capable. Then —but not unti! then—I should agreed with President Roosevelt’s policy even thougli I know it is bound to lead us intc war.” The Senator added that ha would “also want to know Britain's terms in advance “It was the greatest shocl: of my life,” he explained, “to find, 12 years afier the last war, that while we were bidedn to fight jo save democracy, our Allies were m:king secret agreements to share the spoils, among themselves.” est Bevin, the British Labor leader who is ter of National Service, seems also to puzzled the Senator. Bein, he said, seems to have “as much to say in Britair as anyone else.” Yet he has several times declarec that after the war “socialism” will be introduced. “Are we to fight for} that, too?” asked Senator Var denberg. The Senato was asked wliether, if Hitler submitted terms acceptable to Amgrican opinion, and if Britain agreed to their adoption, he would be ready to advocate ar American guarintee of these terms. He replied, “I won't say that I would not.” -

Inside Indianapolis (4nd “Our Town’

only 198 teachers receive the jop annual salary of $2725, while a good half of then; collect $2000 or less. Then they recall that one teicher earned $400 a month in indusiry during the summer vacation.

| Happy New Year, Judge!

IF IT HADN'T BEEN FOR I{IS landlady, one 34-year-old Indiariapolis man woilld have started off 1941 in a jail pell. His divorced wife filed a complaint charging that he was $10) behind in his sup- | port payments. In court, the jydge told him he'd have to go to jeil. When the laridlady heard this, she left the courtreom, rode a bus put to City Hospital, where her husband is employed, got $15 and brought

it back to the judge. He released the man on this

evidence of good faith. That mide it a really Happy New Year.

Good Samaritans

THREE NORTH SIDE BOWLERS were walking down E. Washington St. the oiher night about 11 p. m,, joshing each other about their ten-pin scores. One ‘of them saw what appeared to be a crumpled sheepskin coat Hn some steps near the sidewalk. He

| snatched at it, intending to tois it over the head

of a friend. As he grabb>d it, a tattered little girl of about 5 rolled out and !ay still on the siilewalk, sobbing hysterically. They bundled her up, quieted her fears and then listened io her story. Hpr parents had left about three hours earlier, she said, and she was

| afraid to stay in the house alone

They took her in, and there found a few-months old baby, nakei-and cold.” They wrapped up the infant, got it to sleep, reassured the 5-year-old and then left. They didn’t trust [themselves to wait until the pareris returned.

By Raymond Clapper

materials if Jaj)'an took over the East Indies? Singapore? 4. Would our problem in South America be complicated if the Axis won, or more 50 if England won? Which would nake the Monroe Doctrine easier to uphold? 5. Our fleet is in the Pacific, and the Atlantic is | relatively ungusrded. If the Axis won and took over the British flee;, would you feel just as secure as in the past or would you want the fleet switched to the Atlantic at onca? 6. If the Axis won do you think it would be easier | or more difficuls to carry on foreign trade? Do you think the Axis type of Government-controlled barter trading would compel us to concuct our trade on a regimented basis, or do vou think foreign trade could

| still bé conducted by private individuals as at pres-

ent? If England should win and lie compelled to control her foreign trade, would yu rather have the

| Government of England as a business competitor or

the Governmen; of Germany?

Experience With Russia

7. Do you believe it would male any difference in our. economy ard freedom if all (f Furope, Asia and Africa were under Nazi regulatio n? Would our experience with Russia be duplicated or would the Nazis be different about respecting American rights and about refraining from propags nda and internal i troublemaking liere? 8. The Britith Empire has’ held enormous world power. Would you trust that povier more in British the Axis? Which would we be able to get along wiih more easily? 9. Do you think the chances 0! working out some warld collaboration for peace and prder would be better with the British surviving or Vita the Axis group in command? 10. If Hitler cannot Mterally atiack our shores, do you think there are no other way: in which he could make trouble fo us? Do you thin! the whole security of the United States rests upon whether a hostile fleet could reacl: our shores, and that if nobody could

||| approach our coasts we need not be concerned with

anything beyond that?

War Helps Many Firms Show Profit

(Second of Two Articles)

~ By JOHN T. FLYNN NEA Service Financial Writer

FROM the standpoint of the investor, the year ended and the year ahead are somewhat irregular. It has been a profitable year for many corporations and it has been an unprofitable

year for others.

These two groups would cover those corporations affected by the war business and those not af-: fected, save indirectly.

Some 284 corporations getting war business have enjoyed a profits record far above. last year. This is after taxes are deducted. For instance, they show a gain of 49 per cent in the third quarter over the same period in 1939. They show a gain of 79 per cent over 193%, in the nine months up to Sept. 30. On the gther hand in the second group—some 256 corporations

.—while a few show large profits,

like the petroleum industry, a number, like baking, food products, beverages, drugs, wholesale and retail trade show actual losses both for the third quarter and the year as a whole up to Oct. 1. This, however, is because the benefits of the war business that went first into the direct war industries have not yet percolated into the others. But there is a reasonable expectation that if the business does keep up this percolation will take place. The plight of the investor is far from a happy one stated in terms of the return he can get on his money. - The average yield on the very highest grade corporate bonds is only 26 per cent. On long-term Treasury bonds it is about 1.9 per cent and on short-term Treasury notes about .25 per cent. Investors open their eyes and gasp a little when they see a railroad equipment bond (Atchison) —a $10,000,000 issue—go for from 2 per cent to 15 per cent. This is actually lower than government bonds.

EJ = = HE whole subject of taxes and the uncertainty of war hangs a good deal over this security investment field. Taxes on corporations have become pretty serious. For instance a large group of corporations studied by the National City Bank shows an average of all sorts of taxes—income, property, etc.—of 533 per cent of net income. This means that more than half of every dollar of net income goes for taxes of ine kind or another. Financial authorities seem to feel that the low interest rates are a serious hindrance to business and that nothing should be done to depress them further. The question arises, then, will interest rates, as war orders, multiply and business moves up, tend to increase? This is a question being asked by innumerable persons other

the real estate field.

EXPECT 150,000 AT CONVENTIONS

Local Bureau Foresees New Records; Shrine Meeting Set in June. A city the size of Pt. Wayne and

this year. wor’t be an invasion and it wert come all at once. That just represents about how many people —150,000--the Indianapolis Convention Bureau expects conventions to bring to Indianapolis in 1941.

to spend more than $6,000,000 here during the year while attending almost 300 conventions, according to Howard S. Morse, president, and Henry T. Davis, manager. :

New Records Seen

The year 1941 is expected to establish new records, from the standpoint of the number of national,

These questicns go to the heart of the controversy, and those who challenge Mr. Roos: velt's policy should

{fang Us them in order to justify their position.

i |

By Eleanor Roosevelt

we deem necessiry to bring us back to a more peaceful and better world. But to a Goc of war and vengeance, there seeins little one coud say that would |help ‘suffering pooples. The two little girls who are visiting us have had a |pleasant time. Children certainly are happier when they have other children with who! n to play. ‘I think

of ages, but by dint of putting thi younger girls together, I think they all had a good time.

arrived, but since she is 15, she tent | sight-seeing tour yesterday Ig, girls would hardly have been able fo || visiting gentleman in the younger |

ID Es hia warfare bali |

3 Hitler must believe in a God of war | cor

hb let spray that somew of love and peace, To the

regional and state conventions, the number of delegates, and the amount of money spent. The peak year since the bureau was founded in 1924 is 1937, when 255 conventions attracted 116,887 visitors who spent about $4,700,000. The largest convention meeting here in 1941 will be that of the Ancient Arabic Order of the Nobles of the Mystic Shrine, coming: here in June with an attendance of 20,000. It was here last in 1919.

For instance,

its environs will descend upon In-

dinner of Army those expected to be present will be Mayor Reginald H. Sullivan, who

» The Bureau expects these persons

Reginald Sullivan, Brandt, Precis of the Works Board; Joseph G. Wood, president of

Despite reat. spending for defeso-uad Suaming bisisicss ackielts the plight of the investor is far from a happy one.

of course an increased demand for money should send rates up. But the pools of unused money are so immense and the rates so low that there does not seem to be very much prospect for rates to rise to a point where the rise would become serious or where it would affect real estate rates.

2 = 2 REMOST among the pros-

. pects for the coming year for businessmen are those questions

which affect the relation of busi~ ness and the Government. On one hand business is looking ‘ forward to a relaxation of Government hostility’ in various fields. appear of changes in the Securifjes and Exchange Commission which will bring into control commissioners who favor friendly action with Wall Street. Also, the movement to modify the policies of various commissions, such as the Nationa] Labor "Relations Board, keeps going at a strong pace. Business sees in the war situation an opportunity to mitigate the severity of its relations with the Government. On the other hand there is a growing uneasiness about the ris-ing-movement to invoke dictatorial powers in Washington in the interest of the maximum production for war. The argument is made in high places that it is difficult to get large producers to shut down on their regular peacetime schedules when there is a growing demand for their product—even though that demand arises as an indirect

than businessmen, particularly in ¢ result of defense spending.

It is essential, according to this

7 hamassaaag of

argument, that the Government have the power to say to a manufacturer that his tools or equipment or plant—or perhaps his materials—are essential to defense and that therefore he must shift his production to defense

purposes. Manufacturers, of course, are opposed to this. They will probably make profits out of the war business, but they fear two things: First, they fear the disruption of their regular business. Second, they are afraid of the establishment of dictatorial controls that may never be wholly withdrawn. Thus there is the pull of two contradictory forces — the tendency to relax certain types of controls in the interest of production and fo intensify others for the same reason. Generally the attitude of business opposes the central government wartime controls unless war is declared. ~ = » -

GAINST this is the hope of

may well set off a very vocal and powerful demand for control of unions.

_ Producers point out that noth-

action to put a ceiling over labor costs. So here again is another conSradictien ai SiCEmens Jf SHED. ing labor without curbing em ployer. The whole subject is full of dangers.

Generally this may be said

Heroic Policemen, Firemen To Get Legion Post Awards

Those policemen and firemen who in the past year have disregarded their own safety in an attempt to save a life will be recognized by the Bruce Robison Post, American Legion, at its annual open house

‘Monday at 6:30 p. m.

Gold medal awards and citations will be presented by Paul Gary. The presentations will follow a

two years ago ate four helpings. “I can eat turkey any time but ‘slum’

is a special treat,” he said at the fourth helping’s arrival. This will be the 14th year that the post, through the study of police records and with the co-oper-ation of Police Chief Michael Morrissey, has determined who among the city’s guardians has distinguished himself in the line of duty.

“slum.” Among |post

to attend the open house. Post Commander Vernon Scott will preside.

SOUTH SIDERS AGAIN TO PUSH ELEVATION

Track elevation, objectives of South Siders for more than a decade, will be the subject of a meet-

ing of governmental officials and members of the South Side Civic

Club tomorrow at the South Side]

Turners Hall. 5 The meeting is being held to develop a definite legislative program to achieve actual track elevation. The civic group has invited city

officials and Marion County members of the Legislature to attend.

ADS Hiiose Sxviled are Mayor Louis C.

Makes His Firm A Trust for City

LANCASTER, Pa. Jan. 2 (U. P.).—Clarence Schock, T75-year-old oil company owner, has an-

nounced that he had converted his $1,000,000 concern into a frust

He also revealed he had given $20,000 to the Lancaster County public school district. “The laws of our land which

eaching that every man is his brother.”

TT ELE

FACT

TWO TYPES OF DEPTH CHARGES

J

Wise merchants chart their business in line with the great streams of spending.

about this phase of the outlook: that it ought to comie to a head and be settled in the first coming months of the year. With all the factors of expansion now in full swiag, disturbed by some of those uncertainties already referred to, the problem which confronts the businessman and the investor for the

year becomes a delicate one. And j

yet it is by no meals impossible of solution. First of all the retailer can look for a steadily growirg market. It will continue to grow as long as the war lasts. With the Government and the great heavy machinery industries pumping billions into the pockets of wage earners the retailer may count very definitely on having this flood of funds make their way prompty to his cash registers. s 8 spending by the early CWA and the AAA began, a Jot of businessmen sat around muttering denunciations of the spending. But the great mail order houses wisely decided the Government was paying out this money in order to enable workers and farmers to speid it. They

And their balance sheets results. The retailer who sits around mumbling about Government 'policies instead of putting his store or his business in the pathway of these great streams of spending is a very foolish merchant. The object of pouring out ‘hese billions is to enable the woriers who get wages to spend. They are going

SHOWS ACTIVITY OF PLANT ROOTS =

Scientist Proves They Work For What They Get, Wins $1000 Prize.

By Science Service PHILADELPHIA, Jan. 2 Danio.

after mineral elements in the soil, working for what they get rather than just letting these nutrients drift into them, fgured decisively in the winning of ‘the annual $1000 prize of the American Association for the Advancement of Science by a paper read at the neetings here by Dr. D. I. Arnon o! the :University of California. Dr. Arnon spoke or! behalf of a seven-man laboratory team headed by Prof. D. R. Hoagland. The classic theory of plants’ absorption of mineral c¢lements, still presented in all botany textbooks, holds that plant roots are quite passive, and that the soil minerals merely diffuse inte them, very much as a drop of ink in a tumbler of

roots which had been cut away from the parent plants—usually barley. It was found that only roots giving off carbon dioxide—sure sign of active metabolism, or life processes absorb mineral salts. A high rate of growth or a high

stration that plant roots actively go

to spend them. And they are go= ing to spend them with the more alert merchants. The retailer, like the producer for that matter, has to guard hime self by not permitting inventories to mount in order to beat rising

that way by a sudden 9% the spending

A fourth of the rejections attributed to defective Other causes: 74 vision, 66 heart

fantile paralysis and

TEST YO UR KNOWLEDGE

1~1s the Dominion of Canadsitd member of the Pan-Americ Union? 4 2—Is the cost of firing a 12-in naval gun in battle more or K

than $1000? BR “Coyote State”? 4—Where is the largest railroad cene ter of the United States? 5—Does a bullet travel farther