Indianapolis Times, Indianapolis, Marion County, 8 September 1942 — Page 3

THOSE BACK HOME

President Honors Heroic. Flier During Broadcast; QOutlines Domestic Crisis; Pledges Return of Power After Victory.. :

. WASHINGTON, Sept. 7? (U. P.).—Text of President Roosevelt’s radio address to the nation. I wish that all the American people could read all the citations for various medals recommended for our soldiers, sailors and marines. I am picking out one of these citations) which tells of the accomplishments of Lieut. John James Powers, United States navy, during three days of the battles with Japanese forces in the Coral sea.

-During the first two days, Lieut, Powers, flying a divebomber in the face of blasting enemy anti-aircraft fire, demolished one large enemy gunboat, put another gunboat out of commission, severely damaged an aircraft tender and a 20,000-ton transport, and scored a direct hit on an aircraft carrier which burst into flames and sank soon after. The official citation describes the morning of the third day of battle. As the pilots of his squadron left the ready room to man their planes, Lieut.” Powers said to them, “Remember, the folks back home are { counting on us. I am going to get a hit if I have to lay it on their flight deck.” He led his section down to the target from .an altitude of 18,000 feet, through a wall of bursting anti-aircraft shells and swarms of snemy ‘planes. He dived almost to the very deck of the enemy carrier, and did not release his bomb until he was sure of a direct hit. He was last seen attempting recovery from his dive at the extremely low altitude of 200 feet, amid a terrific barrage of shell and bomb fragments, - smoke, flame and debris from the stricken vessel, His own plane was destroyed by the explosion of his own bomb. But he had made good "his promise to “lay it on the flight feck.” I have received a recommendation from the secretary of the navy that Lieut. James Powers of New York city, missing in action, be awarded the medal of honor. I hereby: and now make this award.

NOT ENOUGH ‘BACK HOME’ :

You and I are “thé folks back home” for whose protection Lieut. Powers fought and repeatedly risked his life. He said that we counted on him and his men. We did ‘hot count in vain. ‘But have not those men a right to be counting on us? How are we playing our part “back home” in winning this war? The answer is that we are not doing enmdugh. Today I sent a message to the congress, pointing out the overwhelming urgency of the serious domeéstic economic crisis with which . We are threatened. Some call it “inflation,” which is a vague sort of term, and others call it a “rise in the cost of living,” which is much more easily understood by most families. That phrase, “the cost of living,” “means essentially what a dollar can buy. From January 1, 1941, to May of this year, the cost of living went up about 15 per cent. At that point we undertook to freeze the cost of living. But we could not do a complete Job of it, because the congressional authority at the time exempted a

large part of farm products used for|

food and for making clothing; ‘though several weeks before, I had asked the congress for legislation to stabilize all farm prices. At that time I had told the congress that there were seven elements in’ our national economy, all of which had to be controlled; and that if any one essential element remained exempt, the cost of iiving cotild not be held down. On only two of these points—both of them vital however—did I call for congressional action. These were: First, taxation; and, second, . the stabilization of all farm prices at parity. “Parity” is a standard for the maintenance of good farm prices. It’ was established as our national policy in 1933. It means that the farmer and the city worker sre on the same relative ratio with each

other in purchasing power as they were during a period some thirty years ago—at a time when the tarmer had a satisfactory purchasing power. One hundred per cent parity, therefore, has been ‘accepted by farmers as the fair standard. for their prices.

ings on farm prices below 110 per cent of parity on some commodities. on other commodities the ceiling was even higher, so that the average possible ceiling is now about 116 per cent of parity for agricultural products as a whole. This act of favoritism for one particular group in the community increased the cost of food to everybody—not only to the workers ims the city 'or in the munitions plants, [and their families, but also to the tamilies of the farmers themselves. Since last May, ceilings have been set on nearly all commodities, rents and services, except the exempted farm products. Installment buying has been effectively controlled. . Wages in certain key industries have been stabilized on the basis of the present cost of living. It-is. obvious, however, that if the cost of food continues to go up, as it is doing at present, the wage earner, -particularly in the lower brackets, will have a right to an increase in his wages. That would be essential justice and a practical necessity. :

COST CONTROLLABLE

Our experience with the -control of other prices during the past few months ’ has brought out one important fact—thes rising cost of

living can he controlled, providing all elements making up the cost of living are : controlled at : the same time. We know that parity

controlled will not put up the cost of living more: than a. very small’ amount; but that if we must go

Last January, however, the con-| gress passed a law forbidding ceil-|

prices for farm products not now |W

i 0=5\

OVER-ALL CONTROL NEEDED

Over-all’ stabilization of prices, salaries, wages and profits is necessary to the continued increasing production of planes and tanks and ships and guns. In my message today I have told the congress that this must be done quickly. If we ‘wait for two or three or four or six months it may well be too late. I have told the congress that the administration can not hold the actual cost of food and clothing down ‘to the present level beyond October 1st. Therefore, IT have asked the congress to ‘pass legislation under which the president would be specifically authorized to stabilize the cost of living, including the price of all farm commodities. The purpose would be to hold farm

recent date, whichever is higher. The purpose should also be to keep wages at a point stabilized with today's cost of living. . Both must be regulated at the same time; and neither can or should be" regulated without the -other. At the same time that farm prices are stabilized, I will Stabilize

ges. This Is plain justice—and plain common sense,

up to an average of 116 per cent of parity for food and other farm products—which is necessary at present under the emergency price control act before we can control all farm prices—the cost of living wilt get well out of hand. We are face to face with this danger today. Let us meet it and remove it.

I realize that it may seem out of proportion fo you to be worrying about these economic problems at a time like this when we are all deeply concerned about the news from far distant fields of battle. But I give you the solemn assurance that failure to solve this problem here at home—and to solve it now—will make more difficult the winning ofthis war.

URGES PRICE GUARD

If the vicious spiral of inflation ever gets under way, the whole economic system will stagger. Prices and wages will go up so rapidly that the entire production program will be endangered. The cost of the war, paid by taxpayers, will jump beyond all present calculations, It will mean an uncontrollable rise in prices and in wages which can result in raising the over-all cost of living as high as another 20 per cent. That would mean that the purchasing power of every dollar you have in your pay envelope, or in the bank, or included in your insurance policy or your pension would be reduced to about 80 cents. I need not tell you that this would have a demoralizing effect on our people, soldiers and

OCT. 1 SET AS DEADLINE °*

I have asked the congress to take this action by the first of October. We must now act with the dispatch which the stern- necessities of war require. I have told the congress that inaction on their part by that date will leave me with an inescapable responsibility to the people of this country to see to it that the war effort is no longer imperiled by the threat of economic chaos, As I said in my message to the congress: ! In the event.that the congress should fail to act, and act ade-

| quately, I shall accept the respon-

sibility, and I vill act. The president - has the powers, under the constitution and under congressional acts, to take measures necessary to avert a disaster which would interfere with the winning of the war. I have given the most thoughtful consideration to meeting this issue without further reference to the congress. I have determined, however, on this vital matter to consult with the ‘congress. There may be those who will say that, if the situation is as grave as I have stated it ¢o be, I should use my powers and act now. I can only say that I have approached this problem from every angle, and that I have decided that the course of conduct which I am following in this case is consistant with my sense of responsibility as president in time of war, and with ‘my deep and unalterable devotion to the

civilians alike.

processes of democracy. y

prices at parity, or at levels of a

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EPOLAND: LAND:

[272 Months}. to Near Bast [4 and Indie

The responsibilities of the president in war time to protect the na~tion are very grave. This total war, with our fighting fronts all over the world, makes the use of executive power far more essential Hap in any previous war. If we were invaded, the people of this country would expect the president ‘to use any and all means to repel the invader. ‘The resolution and the war ‘between the states were fought on our own soil but today: this war will be won or lost on other continents and - remote seas. I cannot tell what powers may have to: be exercised in order to win this war.

WANT FARM PRICE FLOOR, TOO

‘The American people can be sure that I will use my powers with a full sense of responsibility to the Constitution and to my country. The American people can also be] sure. that I shall not hesitate to use every power vested in me to accomplish the defeat of our enemies in any part of the world where our own safety demands such defeat. When the war is won, the powers under which I act will automatically revert » the people—to. whom they

I think I know the Americap farmers. I know that they are as wholehearted in their patriotism as any other group. They have suffered from the constant fluctuations of farm prices—occasionally too high, more often too low. Nobody knows better than farmers the disastrous effects of war-time infiationary - booms and post-war deflationary panics. I have today suggested that the congress make our agricultural economy more stable. I have recommended that in addition to putting ceilings on all farm products now, we also place a definite floor under those prices for a period beginning now, continuing through the war, and for as long as necessary after the war. In this way we will be able to avoid the collapse of farm prices which happened after the last war.. The farmers must be assured of a fair minimum price during the readjustment period which will follow the excessive world food demands which now prevail. We must have some floor under farm prices, as we have -under| wages, if we are to avoid the dangers of a post-war inflation on. the one hand, or the catastrophe of a crash in farm prices and wages, on ihe other,

URGES TAX BILL ACTION

Today I have also advised the congress of the importance of speeding up the passage of the tax bill. The federal treasury is losing millions of ‘dollars a day because the bill ‘has not yet been passed. Taxation is the only practical way of preventing the incomes and profits of individuals and corporations from getting too high. - I have told the congress once

seen the circle of involvement spread farther. President Roosevels in his fireside chat

more. that all ft: indiyidual incomes, after payment of all taxes, should be limited effectively by further taxation to a maximum nef income of $25,000 a year. And it is equally important * that corporate ‘profits should not exceed a reasonable amount in any case. The nation must have more money to run the war.. ‘People must .|stop spending for luxuries. Our country needs a far greater share of our incomes. For this is a global war and it will cost this nation nearly one hundred billion dollars in 1043.

In that global war there are now four main areas of combat; and I should like to speak briefly of them, not in the order of importance; for all of - them. are’ vital and all of them inter-related.

(1) The Russian front. Here the Germans are still unable to gain the smashing victory which, almost a year ago, Hitler announced he had jalready achieved. Germany has been able to capture important Rusisan territory. Nevertheless, Hitler has been unable to destroy a single Russian army; and. this, you may be sure, has been, and still is, his main objective. Millions of German troops seem doomed to spend another cruel and bitter winter on the Russian front. The Russians are killing more Nazis, and destroying more airplanes and tanks than are being smashed on any other front. They are fighting not only bravely but brilliantly. In spite of any setbacks, Russia will hold out, and with the help of her allies will ultimately drive every Nazi from her soil.

FOE STILL STRONG

(2) The Pacific ocean area. This area must be grouped together as a whole—every part of it, land and sea. We have stopped one major Japanese offensive; and have inflicted heavy losses on their fleet. But they still possess great strength; they seek to keep the initiative; and they will undoubtedly strike hard again. We must not overrate the importance of our successes in the Selomon islands, though we may be proud of the skill with which these local operations were con< ducted. At the same time, we must not underrate the significance of our victory at Midway. There we stopped the major Japanese offensive. :

(3) In the Mediterranean and the Middle East area the British, toge with the South Africans, EE New Zealanders, Indian troops and others of the united nations, including ourselves, are fighting a desperate battle with the Germans and Italians. The axis powers are fighting to gain control of that area, dominate the Mediterranean and Indian ocean, and gain contact with the Japanese navy. The battle is now joined. We are well aware,of our danger, but we are hopeful of the outcome. (4) The European area. Here the aim is an offensive against Germany. There are at least a dozen different points at which attacks can be launched. You, ‘of course,

IN INDIANAPOLIS - MEE TINGS — VI TAL STATISTICS

Here Is the Traffic Record FATALITIES County City Total 1941 eas 000000000 45 52 2 ue 000000000000 27 58 85

; emfSept, Te " Aceidents: ses 34/Arrests Injured ...... 15|Dead MONDAY TRAFFIC COURT Bn Cases Convic- Fines Tried tions Paid 0 0 1 5

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Ais 3 2 $40! MEETINGS TODAY elu, luncheon, Claypool. hotel,

| Hotel Severin,

“yn Men: s club, luncheon, Central Y. M. C. A, noo

33 gy atarnity, meeting, Y.M. C. A,

He Ader club, , meeting, War ‘Memorial, 8 p.

" Gaiversal club, luncheon, Columbia clu,

_ Dnivaratiy of Michigan club, luncheon, rd of Trade, noon a Men’s Service club, luncheon, Bel Satin. noon

Great group, luncheon, wners’ sotistion, lunchWashington, noon Assaciation of Indianapolis, tueheon. re Washington, Hotel Wash Theta meeting, ashe ington, 7:45 » :

MEETINGS TOMORROW

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board, meeting, Hotel Fineo % Market Research in

wash Himes, vl ington, 6:30 Lukas-Harold Ep. ting, Washington, 8 p.m. mesting, Hotel

[Hoel Severin, noon. a Sigma Delta Tau, meeting, Hotel Severin,

‘Alumni nl association, luncheon, ua. Motor Te Truck association, lunch<

hi Th Howl ‘Antlers, noon. olub, luncheon,

naavanis club, luncheon, Columbia club,

BIRTHS |

~ Girls Richard, Elizabeth Spoor, at Methodist. Samuel, Margaret . Pete, at Methodist. Forrest, Doris: Bracken, at Methodist. - Saurice, Elouise McKinzle, at: Meth-

Stewart, Laurene Schott, ‘at Methodist. Emory, Ruth Gelly, Robert, Viola Oar risk. SP ge.

mas, : [ Vincent’ 8.

'8," Julius, Beatrice Maltzman, at St. vin“Gera, Joyce Weaver, at St.” Vincent's. Hiisaveth, eman.

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St. Vincent's 2208

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Francis, ‘Bertha O'Rourke, at st. Vine Pr Ohio Valley Transportation ow ond BE een

Floyd, Dorot. johnson, at. St. Vincent's. Earl, Mary Bixtle, Nihcent

Jam in st. ents, Harold, Ruth Parker, at St. Vincent's. Raymond, ,Marjean Schiachter, at. st.

Vincent's centro Jr, Imes te she = Via“Robe '8. : Da Luk Pt Bt 3 ts.

Donald ivi tS . vin C ineent's. Louts, | Biizabeth A 7, at Et. ‘Vincent's. ‘Samu raldin / 1 William, Shar Sasinger, ot on.

Claude, Julia 0

42, ab 2337 Paris, acute

Betty Randle, myocarditis, - Emily Rogers, 6 months, at City. Het'ie Ann Lozier, 85, at 220 Spring, cardio vasculdr. Peter F. Balz, 73, at 3038 E. Fall Creek, carcinoma. 1 Alexander Stott, 84, at City, abscess of ver.

Samuel L. Thrasher, 73, at 938 N. Kin chronic nephritis. 2 5

rl alanis L. Boling, 61, at 09 Ketcham,

reinoma Qe "Jon W. Cirtoll, 74, at 4310 Atlas, rp spinal

Herbert R. Evans, 43, a 7 N. Addison, cardio vascular ren ih

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: the in arenasof ection in three ysors of wer

This is the earth after three years. of the second world war, each year of which has , last rn listed the fronts in order of their importance—Russia, the Pacific ocean area,

the Mediterranesn-Middle Eastern front, and the European area.

do not expect me to give details of future plans, but you can rest assured that preparations are being made here and in Britain toward this purpose. The power of Germany must be broken on the bate tlefields of Europe.

“VITAL DECISIONS MADE”

Various people urge that we concentrate our forces on one or another of these four areas, although no one suggests that any one of the four areas should be’ abandoned. Certainly, it could not be seriously urged that we abandon aid to Russia, or surrender all of the Pacific to Japan, or the Mediterranean and

an offensive against Germany. The American people may be sure that we shall neglect none of the fout great theaters of war. Certain vital military decisions have been made. In due time you will know what these decisions are —and so will our enemies. I can say now that all of these decisions are directed toward taking the offensive. Today, exactly nine months after Pearl Harbor, we have sent overseas three times more men than

first nine months of the first world war. We have done this in spite of greater danger and fewer ships. And every week sees a gain in the

actual number of American men!

Chicago cervassrtessansestscsseas 10 d cinnati ssesssescanrnEs vedesees 88 J ; d . 83

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and weapons in the fighting areas. These reinforcements in men and munitions will continue to go forward,

“This war will finally be won: by the co-ordination of all the armies, navies and air force of the united nations operating in unison against our enemies.

of weapons and men at all the vital points of attack. We and our allies have worked for years to achieve superiority in weapons. We have mo doubts about the superiority of our men. We glory in the individual exploits of our soldiers, our sailors, our merchant seamen. Lieut. John James Powers was one

united nations.

“WE ARE TOUGH ENOUGH”

Several thousand Americans have met death in battle. Other thou-

millions stand ready to step into their places—t0 engage in a struggle to the very death. For they know that the enemy is determined ‘to ‘destroy us, our homes.and our

kill or be killed.

sailors who think first of their own personal safety. And wars are not won by people who are concerned . primarily with their own comfort, their own . convenience, their own pocket-books. We Americans of today bear the gravest of responsibilities.

7: -

‘the united nailions shave them.

Middle East to Germany, or give up}:

This will require vast assemblies

of these—and there are thousands| of others in ‘the forces of the|:

sands will lose their lives. But many

institutions—that in this war it is

Battles are not won. by soldiers or

All of}

x : time. ‘We need not leave it to hise All of us here at home are being| torians of the future to answer the tested—for our fortitude, for our|question whether we are tough selfless devotion to our couniry and enough to meet this. unprecedented our cause. challenge. We can give that answer This is the toughest war of all|now. The answer is “yes.”

STRAUSS SAYS:

we transported to France in the]

EN in Uncle Sam's Armed Forces (Army and Navy)— and those who will soon present themselves for induction . . .

“e+ + Will derive special and deep satisfaction in their clothes and accessories from the Man's Storel

~The same quality and ml comfort they enjoyed in their civilian clothes—are of course present and emphasized

- OFFICIAL WEATHER

ey 8. Weather Baran |

Central War Time) 6:10 | Sunset .

( Sunrise .

in the presentations—in the - Military Shop—namely a clothing mind—a specialty

.+.7:08 Er . TEMPERATURE : Sept. 8, 1041 SP Mcinirie, 89 Precipitat tation 24 hrs. sading 7:30 a. 'm. 18 Jan, 32.8

Total precipitation since Excess since Jan. 1.......... vhs alas

‘The ture in other cities:

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viewpoinf—a well-informed and helpful service— Insistence on FIT—assurance of correctness and marines.

for the Aipy and Navy Uniforms, Blouses and Slacks . co Overcoats , . . Raincoats . . . Shirts of every description . , . okinape,-ndpin Ars