Indianapolis Times, Indianapolis, Marion County, 13 May 1942 — Page 3
ig ) ¥
AS PRIV
‘Note of Optimism for
Future Sounded at State Parley.
By ROGER BUDROW Indiana bankers were told today that there will be less private borrowing during the war and that they should lend more money to the government by buying war bonds. A country banker, J. O. Sanders, president of the First National bank at Huntingburg, Ind, told the opening session of the Indiana Bankers association: convention at the Claypool hotel that he expected less real estate, consumer and home-building loans because of government wartime restrictions. More Farm Loans
A city banker, John J. Rowe, ‘president of the Fifth Third Union Trust Co. Cincinnati, told the 500 Hoosier bank officials at the afternoon meeting that bank buying of government securities will help avoid forced savings, which he opposed as a “blind method of drafting money.” Mr. Sanders said that despite decreases in real estate, home-building and consumer credit loans, the increased agricultural program of the government will mean more agricultural loans. He agreed with the federal reserve board suggestion that real estate loans should not be made on the basis of present and future “inflated values” but should be based on the average value over a period of years.
Careful Check Urged
He approved of government re-
strictions on consumer credit but warned that such credit will de- - crease materially or “practically disappear from the bank’s portfolios.” ; Aside from government restrictions, Mr, Sanders told the bankers they should “scrutinize all loans as to whether the proceeds will be used to consume labor and materials . needed in the war effort” and if they do, “the loan should be discouraged for the duration of the war.” This policy will enable the building of a backlog in demand for labor and materials that will aid in the transition to peace, he said. Mr. Sanders advocated government control of wages, interest rates and rents and urged standardization of goods, utilizing as _ many substitutes as possible.
Warns of Pessimism
In his optimistic address, Mr. Rowe urged the bankers not to be discouraged or pessimistic about the fact that bank lending is not as great as it once was. He said lend-
ing follows a definite cycle—“when federal debts mount, private debts ~go down dnd when federal debts deeline, private confidence is restored and private debts will rise.” He asserted that interest rates are low now, not because the government has forced them lower by . lending money itself, but because. historically, “money becomes easy during every period of liquidation cf private debts following ‘a financial crisis” and because “money rates are higher in new and developing countries and lower in old settled communities and countries.” W. W. Gasser, president of the Gary State bank and association president, cited figures to show that Indiana banks “are suffering from high taxation and lew earnings.” He attacked the intangibles tax as unfair, saying “it maneuvers banks into the position of collection agencies, forces them to pay the tax on someone else’s money.” Raymond Moley to Speak Governor Schricker and Raymond Moley, former Roosevelt adviser and now a conttibutor editor of Newsweck magazine, are ‘Hggspeak at tonight’s banquet. Arch C. Voris, president of the Citizens National bank at Bedford, is expected to be elevated from association vice president to the presidency at tomorrow’s elestion.
The convention will conclude to-|
morrow. with addresses by Robert B. Umberger, executive vice president of the Industrial National bank of Chicago, Dr. Paul F. Cadman, American Bankers association economist, and a luncheon address by DeLoss Walker, former associate editor of Liberty magazine.
STATISTICS
Here Is the Traffic Record
FATALITIES County City Total 1941 A080 00 0000S 27 29 56 + esassdscesnes 17 29 46 —May 12— ; Aécidents see 22 | Arrests ..... 354 Injured seep 5 | Dead ess ten 0 TUESDAY TRAFFIC COURT Cases Convie- Fines Tried tions Paid sa00 Re 35 27 driving 2 Failure to stop at ‘through street . 1 Failure to stop at signals ....:. 2 Te diving 3 All others ......' ”
Total 00s po MEETINGS TODAY ¥ ¥ an $86 § at a
$262 > 1 0 13 70 4l® $390 4
| day ;and -wiener xo8sl, center,
gave this morning’s address.
URGED 10 BUY BONDS TE LOANS DECLINE
These two prominent Hoosier bankers are among the 500 attending the annual Indiana Bankers’ association convention at the Clay.pool hotel today and tomorrow. W. W. Gasser (left), president of the Gary state bank, is retiring as association president. J. 0. Sanders (center), president of the First National bank at Huntingburg, Ind.
Winners Listed
Charles R. Ettinger, county clerk. They follow:
Republican COUNTY COUNCIL
First District—Charles O. Sutton. Second District—Edwin D. Mackey. Third District—George R. Hollingsworth. Fourth District—Addison J. Parry.
TOWNSHIP NOMINEES Center Township .
Trustee—Roy T. Combs. Assessor—William T. Rasmussen. Justice of the Peace—Ernest T. Lane. Constable—Alfred M. Wright Jr. Advisory Board—Harry J. Meyers, Earl B. Githens and Shirley B. Tacoma, Warren Township
Trustee—Bernard L. Curry. Assessor—Merrill J. Woods. Justice of the Peace—Charles A. Woerner. Constable—Charles Murriel Allen. Advisory Board—W. Spencer Askren, Robert L. Moorhead and William N. Thompson.
Perry Township
Trustee—John A. George. Assessor—Carl E. Smock. Justice of the Peace—William K. Ellington. Constable—John PF. Taylor. Advisory Board — Charles Lockwood, Charles F. Bohne and Harry E. Ferguson.
Franklin Township
Trustee—Ennis A. Myers. Advisory Board—Russell L. Knapp and Harry C. Roberts.
Decatur Township
Trustee—Herbert H. Edwards. Advisory: Board—Morris A. Record, Charles C. Shanklin Sr. and William H. Zerfas.
Wayne Township
Trustee—Chester C. Kearns. Assessor—Fred Eastwood. Justice of the Peace—Charles W. Martin. Constable—Charles Hough. Advisory Board—Harvey Arnold, Loren E. Daniel and John Julian,
Pike Township
Trustee—Arland Coolman. Advisory Board—Floyd Bass, Russell A. Furr and Ralph R. Meyers.
Washington Township
Trustee—Ross A. Smith. Assessor—Paul E. Tegarden. Advisory Board—George H. Cornelius, Charles A. Huff and W. Henry Roberts.
Lawrence Township Trustee—Goldie M. Wheeler. Assessor—Charles W. Mow:ey. Aglvisory Board—William T. Kleinhelter, Otho S. Pollard and Harry Alden Wright. Justice of the Peace—Fred W.
Council and Township Races
Official winners in the Republican and Democratic nomination races for county council and township offices were announced last night by
in County
.
Democrat COUNTY COUNCIL
First District—Wayne Harryman. Second District—Raymond Sanders. Third District—John N. Hughes. Fourth District—Frank P. Manly.
TOWNSHIP NOMINEES Center Township
Trustee—Henry Mueller. Assessor—James F. Cunningham. Justice of the Peace—Joseph McLafferty. Constable—Paul Ryan, Advisory Board—William E. Arbuckle, Charles Holtman and Louis G, Koerner.
Warren Township
Trustee—R. Neal (Skeet) Moore. Assessor—Silas J. Carr. Justice of the Peace — William Gale. Constable—Kieth A. Stonehouse. Advisory Board—J. Otis Carr, William E. Fry and Harry A. McIntyre. 1
' Franklin Township
Trustee—John R. Maze. Advisory Board—Joseph C. Hittle, Gottlieb Martin and William C. Schilling.
Perry Township
Trustees—Ralph McClain. Assessor—=Stanley M. Fligel. . Justice of the Peace—Forest True. Constable—Albert G. Rosebrock. Advisory Board—Harold Crafton, Pearle I. Freers and Edward W. Nierman.
Decatur Township
Trustee—Frank Bishop." Advisory Board—John F. Bleck, Roscoe J. Pierson and Russell R. Winings.
Wayne Township
Trustee—Samuel Johnson Jr. Assessor—Mary Nell McCarty. Justice of the Peace — Walter Bradford Jr. Constable—Paul K. Cassell. Advisory Board—Fred Pattmann, Lora Rhoades and James M. Robey.
Pike Township
Trustee—Edward C. Cook. Advisory Board—Wesley W. Hensley, Frederick N. Ropkey and Ernest O. Starkey.
Washington Township
Trustee—George H. Hopper. Assessor—Charles L. Steinmeier. Justice of the Peace — Roy P. White. Constable—Michael H. Lutz. Advisory Board—Daniel L. Bower, Robert D. Coleman and Burl D. Silver.
Lawrence Township Trustee—Henry T. VanCleave. Assessor—Jess Todd. , Advisory Board—Breton Bolander, Thomas M. Hamilton and J. Floyd
Phelps.
Women of Indiana Bankers association, tea, L. 8. Ayres & Co. auditorium, 2:45 Pp. m, : Hoosier Athletic club guild, meeting, club, 6:30 p. m. Kappa Kappa Psi, Butler university band banquet, Canary Cottage. amapotis J meat retailers, meeting, pf ted Life ding.
Insurance buil austin ht he 33 4 Shoe 4:30 p. m.
al ho apital, inWomen’s Aid of Pennsylvania railroad, uncheon, Hoosier
dinner
hospital lawn, Athletic club, 12:30 ve assoclation, Onis State university alum- . 122 BE. 47th st., 3:30
of Phi Gi Delta ea pin day dinner. Riley h
en. of Brookside commu
1 Dn
an-| eon otel,
Sense > delta i 3 wi Sama, X Kappa, dinner; otel pstiety Amerat » Magiclans, meeting,
ashington, 8 b. P¥ agg ; Hota ngon,
Befonse Meeting of P.-T. A. of school 2%, eeti t tro s Detense mes 7: or Jey Seve i pions. club, luncheon, Claypool hotel,
adit alumal | Association, luncheon,
Huff,
MEETINGS TOMORROW
South Indians Synod of Evangelical a Reformed churches, conference, 8t. ohn
urch, day. Indian a Bankers’ association, convention, Cla ol * hotel. all day. B . 0. sterhood, state convention, war
memorial, al Caroline "Harrison chapter, D. A. Bq, necting, 4 So ter Donse, all
Ja lunchedn, a1 ou Pénnayivant a st., :
Defe jing of Plymouth Conaregational reh, 16th and Delaw:
B Caravan’ club, luncheon, Murat temple, eis T Theta - “Pi, luncheon, Canary cotokbinders union 53, meeting, Hotel
Severin, 7: Advertis! siub’ ‘of , lunch-
iana; In is Athletic i noon. %0i1 “club, a Hotel Severin, noon
MARRIAGE LICENSES The
of Blake: Mannie
o gol 1 3607 w. . ohto; . Watson, 20. Hloomield, Ind.; er, 24, of 420 E. Third.
TWO ANNOUNCE FOR STATE POST
E. Curtis White and Denton Begin Campaigns for + Secretaryship.
A two-candidate race for the Democratic nomination as secretary of state was under way today, with the issue to be decided at the party's state nominating. convention here Jidne 30. E. Curtis White of Indianapolis, former state senator for eight years, already has launched his campaign. ‘Rep. Winfield K. Denton, Evansville, minority leader in the house in the 1941 session, is expected to formally announce his candidacy soon. Denton to Be Indorsed
Eighth district Democratic leaders, in session ‘at Evansville today for their reorganization meeting, are expected to adopt a resolution indorsing Rep. Denton’s candidacy. Mr. Denton is an attorney and world war veteran and has been active in party affairs in the pocket area for several years. He has taken a leading part in recent sessions of the legislature and is a member of the state budget committee. His supporters say that his candidacy has been approved vy many of the party’s state leaders. Mr. White's campaign was started this week with a letter by James E. Perry, his campaign manager, to all convention delegates, pointing to the candidate’s legislative record and other qualifications. During Mr. White’s 12 years’ in the legislature, including two terms as a representative and two years as president pro tem of the senate,
Mr. Perry said his candidate had
been active in sponsoring legislation favorable to agriculture, labor and education.
Member of State Boards
Mr. White operates a farm near Maywood in Marion ¢county, is president of the Indiana Jersey Cattle club and Indiana Sire Improvement association, has been: a member of the Indiana board of agriculture since 1933 and is a member of the Indiana milk control board. He was secretary of the Schricker Good Government club during the 1940 campaign. He has been employed by the Indianapolis Star for 35 years, where he is press room foreman, is married, has four children and is a member of the Hillside Christian church, Centre Lodge F. & A. M,, Scottish Rite, Shrine, Eagles, Moose and the Marion county farm bureau and the Newspaper Pressmen’s union.
MEYER DEFEATS.
Howard M. Meyer nosed out John G. Coulter by 433 vetes for the Republican congressional nomination, official Marion county’ canvassing board figures revealed
| today. The final totals were 15,218
for Mr. Meyer, and 14,785 for Mr. Coulter. In the probate court rece, Judge Dan V. White defeated Edwin McClure, 17,933 to 16,036. William: D. Bain received 14,830 votes, Clyde Carter 12,685 and T. Ernest Maholm 4226 for criminal court judge. Closest of the G. O. P. races, the final figures showed, was Arnold J. Tilson’s 234-vote edge over Walter
| Hemphill for county clerk—15,659
votes to 15,425. Otto Petit had a final edge of 379 votes over Jesse Hutsell in the G. O. *P. sheriff race—10,740 to 10,361, with Harmon Campbell getling 8552. In the close Democratic races, Judge Joseph Markey defeated Jacob Weiss for superior court one, 15,786 to 13,637; Glenn B. Ralston finished in front of Toney Flack, 18,324 to 17,483, and Robert Allison defeated Ray Herner, 19913 to 13,940.
SPECIALIST NAMED TO STATE OPA POST
William N. Knowles, a specialist in office management, today began his duties as state administrative officer of OPA’s price fixing and rationing offices to be located over the state following his appointment by James D. Strickland, state OPA head, yesterday. It will be Mr. Knowles’ job to organize the various branch offices and staffs throughout Indiana and to co-ordinate them with the state
‘|office here. Locations of the branch
offices have not been announced. Mr. Knowles, who lives at 6427 Central ave. has been a resident of this city several years. Formerly he was associated with the Beneficial
COULTER BY 433
motor.
Ft. Harrison army {fechnicians unload a deadly Nazi p and New York sts, where it will be displayed for five days as a benefit for Bundles for America, patriotic organization. - The plane is a Messerschmitt 109 Single-senter, equipped with a semi-oil Durning It was shot down in battle over Lodon. :
ne at
CHANGES DUE
DEMOCRAT RULE
16th and Sth Districts Likely
To Oust Chairmen in
Elections Today. Two changes in the state Demo-
[cratic committee were expected to
result from today’s reorganization meetings in nine of the state’s 11 districts. Marion and Lake county, which
~ |include the 11th and 1st districts,
respectively, already have ‘named
|new chairmen. | In Lake, Joseph Goin, a labor leader and political associate of Ray
Madden, the co onal nominee,
. |was elevated to the c
University square, near Meridian
PLAYGROUNDS LEASED TO CITY
School Board Approves Renting of 16 Lots for
Summer.
Leasing of 16 school playgrounds to the city parks department for
recreation centers has been approved by the Indianapolis Board of School commissioners. The lease will run from June 15 to Aug. 28 during which time the park department will supervise play on the grounds. The lease transaction was recommended by A. B. Good, business director of the school board, and approved last night, The playgrounds are at Schools No. 2, 3, 7, 10, 12, 13, 16, 22, 23, 26, 32, 36, 41, 43, 66 and 75. Buy Paper Supply The board approved contracts for the purchase of paper supplies in the sum of $10,749.26, and miscellaneous art and educational supplies totaling $1878.92. Indianapolis has contributed 45,296 books to the Victory Book campaign to date, according to L. L. Dicker-
had been placed in Billings general hospital at Ft. Harrison and that 2616 had been placed in the Ft. Harrison library.
Home Defense Bulletin
From Marion county and Indianapolis offices of civilian defense World War memorial, 431 N. Meridian st.
Here's what ydu do in case of an air raid if you are at home: 1. Keep calm. Don’t lose your head when the warning siren sounds. 2.If you are outside, go indoors. Walk, do not run, when seeking shelter. 3. Avoid crowds and stay away from windows and outside doors. 4. If you are home, seek the safest part of the Rouse, a centrally located room. Do not try to see what is going on outside. Do not use a 1ebephone,
MAY BOND SALES SETTING FAST PAGE
Indianas’ war bond savings staff today estimated the state attained approximately 40 per cent of its
1$12,894,300 May bond buying goal in
the first nine days. The estimate was based on reports of 25 of the state’s 118 units. These units reported a total bond sale of $2,001,908. Their total quota.for the month has been set at $5,266,900. - The staff reported that East Chicago seemed to b& setting the pace. In the first nine days it had passed the May quota by nearly $100,000. Many other units already have oversubscribed their quotas for the month, ; .Marijon county was reported running slightly behind the state average, but little doubt is held that it will reach its quota by the end of the month. James F. Frenzel, county bond administrator, reported total sales of $948,000 in the first
Management Corp of New York.
noon. | . union, First
James P.
Seward, «26, of 5817 College; . Whimey. 25
‘of 1707 Oaklan
John T. len Jackson, of 726 E. 15th. Him EB not Tek Lillian Wilbanks, 37, of 1405 d Henderson, 53, Cit, Delia NN DunTy 36, of 1089 Reache. 4 ——— BIRTHS Twins—Girls James, Cleo: Blane, at City. : Kenneth, Grace “Allen, at St. Vincent's. Jd Arwansa Able, ay St. Vincent's. Soap “Helen ‘Coulson, a t 3452 GraceCharles, Edna Carson, at 2600 S. Ran-
SL. oes at
t Jackson hotel. | Vin
nine days.
—~MEETINGS—VITAL IN INDIANAPOLIS
Henrietta 8. Ransburg, 83, at 901 N. . | Gladstone, cerebral hemorr! Maude Putten x) at 1948 Bellee.
al hem City, hy hii
Li J st Of 71, at 107 Parke
"% A sta on- ea Peters, oS at 231 E. Terrace,
vascular, “AVilliam Beier, 7 at 1445 Broadway, cerebral apoplexy.
OFFICIAL WEATHER.
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ending 730 5. m
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23 on Fol
\|son, librarian. He said 2633 books]
Dentist on Stand in Alger
Case, Denies
Flatly denying all charges of conspiracy to rob postoffices, Dr. Hugh Enyart testified in federal court today that he was merely the dentist of Gene Alger and Thomas Alford. Under questioning by defense attorney George Jeffries, Dr. Enyart said he knew nothing of the postoffice robberies at Scottsburg and Lawrence. Dr. Enyart, Alger and Alford are charged with robberies of the two postoffices and conspiracy.
Dr. Enyart testified that he had|
been threatened with arrest by Indianapolis detectives unless he got some evidence on Alford and Alger.
Denies Stamp Charge
He said that in one instance he was used in an attempt to get Alford in a room with a woman named “Vera” at a downtown hotel. He said that detectives told him that if Alford got “tight” in the hotel with a woman he might tell what he knew about the two postoffice robberies. He explained how on Nov. 10, 1941, detectives called him to the federal building for “questioning.” He said when he got there they arrested him for vagrancy and told him that Alger had made a cone
*
Part in Crimes
fession of everything while he was in the detention ward of City hospital and that he, Enyart, had been named an accomplice, Enyart denied that Alger got $4500 in stamps from his office and taken them to Chicago to sell. Al-
ger, in his confession, sald that. he had done this.
Tells of Borrowed Gun
Enyart explained the borrowing of State Patrolman Ralph Metcalf’s automatic pistol which was
used as state’s evidence yesterday. He admitted telling Metcalf that he wanted to borrow the gun for a play the nurses were to give at City hospital. He sald. that he wanted to loan the gun to Virginia Reddick, Alger’'s sweetheart, who had told him that she wanted to use it in a show she was giving. He said that if he told Metcalf that the gun was for Miss Reddick the officer might not have been willing to make the loan. ‘ He testified that he later decided not to give the gun to Miss Reddick, but when she came for it at his office she took it from the top of his desk without his knowledge. The following night Alger and Alford were involved in an auto accident which led to their arrest by police.
STRAUSS
SAYS:
Even at
27.50 a
buy a widely re-nowned
INDIA
WATE SUIT
And when. you get an INDIA WATE— you are getting something that will keep you cool through the summer months—will keep you comfortable in hot days and sticky nights—
‘| Hillenbrand,
last Saturday. He succeeded Chester Foster, who was associated with Rep. William Schulte, defeated for renomination to congress in the May 5 primary,
® 5th and 9th May. Change
Today’s changes were expected in. the 5th and 9th districts. William Batesville manufacturer, was believed to have an edge over Lawrence Reeves, Columbus, present 9th district chairman, as the county chairmen ix that area met to cast their ballots. Mayor Harry Baldwin of Anderson was reported to be the likely fifth district choice to succeed Van Garrott of Frankfort. ty In addition to Mr. Garrott, the other candidates in this race were Olin Holt of Kokomo, defeated by Edward Hays of Marion in the congressional race; Albert Abromsom, Jay county; Grover Garrott, Frankfort, and John McNeal, Tipton. : Joseph Suelzer of Ft. Wayne was expected ' to be re-elected in the fourth district, but has been involved in a contest with Walter Heller of Bluffton,
Back Judge Bedwell
A feature of the seventh district session, where A. B. Taylor of Vin. cennse was scheduled to be reelected, was a resolution indorsing Judge Charles Bedwell of Sullivan for renomination to the Indiana Appellate court. A long-time state senator, he was appointed to the bench last year by Governor Schricker to fill a vacancy. The chairmen also were to approve a resolution urging all-out support of Governor Schricker and President Roosevelt in the war effort. Members of the state committee will meet here Saturday and are expected to re<elect Fred F. Bays
as state chairman,
And will "tell the world" that you're a man who "knows" good clothes when he sees them.
A tropical worsted, light in weight, slow to wrinkle—takes its own sweet time at wearing out—Plenty of shades.at their smartest
—including INDIA TAN (a sand shade that is a runaway).