Indianapolis Times, Indianapolis, Marion County, 9 March 1945 — Page 15

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CH 9, 1945

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THE INDIANAPOLIS TIMES

Indiana Farmers Have Reduced Their Mortgages $59 Million” Since 1940 Romney Sore They Halve.

see ly ROGER BUDROW PERHAPS WE WON'T GO ON FOREVER making.the

same mistakes all over again.

What brings on that optimistic outlook} is the farm mort-|

gage debt, or rather the lack of it.

Surely no one- has

TACTICS OF AUTO

frre Always on the Job

UNIONS SCORED

Efficiency by Taking

Over Management.

DETROIT, March 9 automotive {charged today

(uU. P.)—An industry = spokesman that organized labor

forgotten the land-buying spree that took place in the first|is cutting war production efficiency world war, how prices soared, how people bought farm land |so per cent ‘by trying to take over

on a shoestring, only to lose it to the insurance companies in the depression. Purdue and a good many others were afraid we would have the same thing all over again, They talked until they were blue in the face, telling everyone not to forget what happened last time. Apparently their preaching hasn't gone unheeded. So far during this war, farmers have been using their high incomes to! pay off Hostasees: rather than go further in debt more land, thinking the dollars will | be rolling in forever as easily as 0W. In 1940 Indiana's farm debt amounted to $236 million. Since then $590 million have been paid off, | leaving $177 million—a net reduction of 25 per cent, the Federal Re- | lerve Bank of Chicago finds. “Never before in recent farm his-

tory have the farmers of the na-!

tion been in such a sound and liquid position,” the bank observes. » tJ »

BUSINESS ABROAD — Since |

the war began, Russia has moved many drug factories to the east, built 14 new ones in the Urals and Siberia and pushed production of penicillin and an anti-tubercu-losis drug. . . . Colombia has a threshing machine only 4 feet high, 7 feet long, 2 feet wide,

costing about $450, which, with a |

8-horsepower engine, will thresh 65 to 100 bushels every 8 hours; it can be dismantled, transported by muleback or wheelbarrow. . . Newspaper ads in the Netherlands offer $640 for a bicycle with good tires; and a Dutchman who inherited a (idy fortune was most pleased that he got a great num-

ber of very old-fashioned petti- |

coats and other clothing, which he bartered with farmers’ wives for ham, eggs and other items money couldn't get him. » » n JANUARY'S SNOWSTORMS cost the railroads money in revenues. New York Central's net was off $2 million, Lackawanna's $600.000. Lehigh Valley had a $850,000 loss instead of $110,000 profit a year earlier and Boston & Maine had 881,000 deficit against $200,000 profit Snow removal cost the latter $435,000. Southern failhowever, did hetter than usual. » s » ODDS AND ENDS: It takes encugh rubber to recap 60 auto tires to retread just one of those sevenfoot tires used on big earth-moving machines. . . . Detroit and Goodyear are talking over a new kind of subway, a broad steel and rubber conveyor belt with seats attached, going 30 miles an hour, costing $2] million a mile to install. Passen- |

gers would board this underground | - moving sidewalk from “catching- |aviation gasoline,” Mead said,

up” belts traveling parallel to it and get off on “slowing down” belts. . . . The explanation for the recent publicity on heretoforesecret radar is the same as for most such stories during this war. - A British magazine, Wireless World, broke the censorship and so U. S

publications tagged along with sec- |. . An 18-ton forced down

ond-hand “news.” .-, navy patrol bomber, on a shallow stretch of the Colorado’ river near Yuma, Ariz,

sion equipment was installed and it got off with a brief run.

WAGON WHEAT

Up to the close of the Chicago market | today, Indianapolis flour wills and elevators paid $167 per bushel for No, 1 red wheat (other grades on their merits): oats, No. 3 white or No. 3 red, testing 3 hued, oa" Srope $1055 par bushel 4nd shell ol per bu No. 3 white sh aopd old crop, $1.M4%.

D1 (374

| diamond Sweetheart

was | trapped until portable Jev-propul-|

BIR YT,

497

CANOL PROJECT WRITTEN OFF

| production,

Army's Canadian 0il Ven- | ture Was Operated Less

Than Year.

WASHINGTON, March 9 (U. P).| | —Most of the army's $14,000,000 | Canol oil project in Canada will be | written off the books by June 30.| Abandof®ment of the project, sub- | {ject of controversy between the | °F | army and the senate's war investi- | gating committee for more than two | |vears, was announced last night by | the war department. It had been in operdation less than a year, | Only the products pipeline from | Skagway to Whitehorse and Fair-| (banks, Alaska, will be retained by | [the army after the June shut- down | | date. Petroleum production at Norman Wells will be halted, and operations will cease at the refin-| ery at Whitehorse and on the crude | oil pipeline from Norman Wells to | | Whitehorse. | Those facilities will be offered for |sale to Canada and private bidders, after they have been appraised by | the U, S. and Canadian governments.» Under terms of an international agreement, Canada will! {have first option to buy.

Mead's Story Varies

The U. 8. retains an option to| {purchase up to-60,000,000 barrels of | oil after present operations are] |stopped. The war department said the joint | chiefs of staff decided to abandon] {the project because of the antici-| pated improvement in the tanker | {situation and the improved military | (outlook in Alaska and the Pacific. A slightly different version, however, came from Chairman James | M. Mead (D, N. Y)»of the senate! war investigating commiitee which issued two critical reports on the project in 1943 and 1944. “Operating costs have proved greatly excessive and the yield of 100 octane gasoline has been less than that which was expected by | the war department. The operat-{ ing costs reflect excessive use of: manpower and transportation in order to obtain the desired products, | “In the light of these facts, the committee began closed hearings with respect to the Canal project on Feb. 15, 1945. It had by this. time | become apparent that the further! operation of the refinery, the crude oil pipeline and the oil wells at Norman Wells should be discontinued.”| The committee, Mead said, has| discovered that there are 281 skilled workers on the Canol project whose |assignment to certain refineries in {the U. 8. would result in increasing the, production of 100 octane avia[tion gasoline by 2000 barrels daily. “In view of the urgent need for “we cannot afford to waste manpower at | Canol any longer. The Whitehorse refinery does not even produce the aviation gasoline needed in its local area. The committee cannot see any reason why the project should be continued any longer than necessary to shut it down in orderly fashion.” Mead said the committee would issue a detailed report later.

G. A. R. COMMANDER NOTES 97TH BIRTHDAY |

WARSAW, Ind, March 9 (U. P.). —Taking care of his ailing daugh- | ter, Frances, seemed to be the! most important thing to Isaac W Sharp; national commander of the Grand Army of the Republic, as he celebrated his" 87th birthday today. Only three weeks ago, Mr. Sharp!

| returnéd from the hospital where |

he suffered severe hemorrhages. | Now he is acting as nurse.

Lincoln

Washington at Illinois St.

BARNEY . . . . The Diamond Specialist of .

Pair... Both Rings...

Barney's—the

DIAMOND and WATCH Center of indianapolis

Indianapolis -

| ment, | production

Mead said: |,

| Goodrich

| Repip St] | Schenley Dist’ |

d 30th, ising ary cleaning plants. ae. i 3007 N.

2 management functions.

The charge was one of several made by George Romney, managing director of the Automotive Council for War Production, before the sen ate committee investigating war The committee opened hearings here today, Romney,

“| February, the employment security that Hoosier labor laws were general assembly—“with noted exceptions.” : A “legislative bulletin issued by the council termed: the Republicane

speaking . for ‘manage~

directed blame for declines in} efficieicy against the]

Congress of Industrial Orgapizalions)

and its major affiliate, the United Automobile Workers of America.

Submits Figures

He sald the C. I. O. is “the most | powerful private organization in { this history of our country,” and that it is using this power during wartime “to reduce the production | efficiency of-automotive plants between 25 and 50 per cent.” Romney submitted figures showing reduced productivity, and records to show that this resulted from union efforts to “usurp management | functions, authority and responsi-| bility.” The cluded: ; Figures showing simultaneous increase or decrease of production by {large numbers of ‘workers. Efforts of union representatives to prevent application of shop rules | and contract provisions.

management exhibits in-

Leaders Assailed

Figures showing that | strikes and work stoppages ar called to prevent AE Bu discharging its functions, princi- | pally that of hiring—and firing. | Romney said that 43 per cent of | [1045 strikes and work stoppages in| 11934 were of this nature, i Increases in amount of time spent | {by 9000 union. stewards on union business. He said union represen- | | tatives were paid $7,200,000 by auto- | motive .companies last year fof! work carried on for the union. Examples.of union ‘limitations on output, Romney asserted that while top | union executives publicly ‘oppose strikes they are “actually using strikes and stoppages to whittle away management's ability to manage and are progressively trying to| | destroy the. industry’s ability to! {produce war weapons efficiently.”

Mog {

Outlines Policy o | Romney warned against further “stop-gap” manpower legislation and urged immediate adaption of a “strengthened, completed, balanced and modernized national labor policy. He asked that this policy inelude’ Bi Exact definitions of employees representing management and em- | ployees representing workers; protection of workers from coercion and full access of all groups to the! courts; imposition of penalties on any union which strikes before using | contractual or government grievance procedures; decentralization of government labor policy administra-|

| tion; lodging responsibilities for col- |

lective bargaining in a union ex-| clusively representing employees of a particular employer, and ‘protection for companies and. unions against cartelization. Romney also advocated adoption plans to pay bonuses to workers for producing more than the average employee, and ‘payment of. union Stewards by unions for time spent on union business. Pe

N.Y. Stocks

Net | Last Change 427 42'2 — 3% rr 3 92% 92% — m vr 32% 31% — 1% Am y + M % 13 -— 3 Am 7 Mg —-1 Am T& 163% — 4 Am : 4 72 Bre Am W wi 9a { gly 1 | Anaconda “A 3 ‘ Armour & Co. ‘ Atchison . Atl Refining -.. Bald Loco ct .. | Bendix Avn Beth Steel Borden . | Borg-Warner .. Caverpillar TT... 8 Ches & ono 3 Childs o, Curtiss-Wr .... Douglas Aire i | Du Pont «+: 163 Gen Electrie .. Gen Foods .... Gen Motors ...

Low

PRE RAL

{

——

Goodyear a 8 Greyhound Cp , Ind R#von oe Int Harvester |, | Johns-Man | Kennecott... Kroger G&B .., L-O-P Glass ‘ Lockheed Aire ; Loew's '%, Martin” (Glenn) Mont Ward . Nash-Kelv ...., Nat Biscuit .,., Nat Distillers ,, 1

NaNIe aes

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—— — a at ins ag Nenessanbiuee

Pan Am Air .,. Penney “al Penn RR or 3 | Rhelps Dodge Proctor & G .., & Pullman Pure Oi)

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— # »

Reyn Tob B .

Servel Inc . 8ocony-Vac South Pac Std Brands™ ,,. 1 |8td Oil Cal ... | 8td Oil Ind .,. Std Ol NJ .... Texas Co ...., 8 | 20th Cent Fox . US Rubber ‘ lus Steel or 63% Warner Bros .. 14% Westing ‘El ... 12% {Zenith Rad . 39%

NEW FIRMS AND” JATINER

State Life David L. Re

RETSERETEITNTIIRI VILLI ILI LALIIBEIIL raitttiteyy

heii ‘Pharmacy, 317 w. 30th as. | Drug tote, Merlin A, Steuerwald, hn

Steam Service Co. 417 EB.

SeryeA L. "Tinos st 3

‘Montan

{office equipment,

common or ser

| Ibs.,

A war worker with a model attendance record is Miss Barbar. Ketchum who has been blind since she was 2 years old. Miss Ketchum, who lives at 1859 N. Pennsylvania st., works dt the Electronic Laboratories plant on 24th st. between Meridian and Illinois sts. She walks to and from work with Gretchan, her seeing-eye dog, who has a place all her own in the factory court, as shown here.

Big Increase in Farm Phones

Foreseen When War Is Over

A good many Hoosier farmers who don’t have telephones plan to have them after the war. In fact, 5000 already have made application, the Indiana Bell Telephone Co. reported today. And that is in addition to the 5000 who have been able to get phones installed during the war. Since 1935, the number of farm families served by Indiana Bell has

WATER C0, REPORTS cei somes NEW '44 RECORDS *

be Specialy great after the war. The Indianapolis Water Co. re-

sident James PF. Carroll told Dae today. New technical improvements are ported today that war demands and | last Ssummer’s hot, dry weather in- | creased its 1944 pumpage to a record- |

on the way, too, he added. | As you might suspect; 1944 was breaking 17'z million gallons of water,

a record-breaker for the company, {with wires burdened by war: busiProfits also increased with the net, | income of $557,395 being nearly {$20,000 above that for ‘1943, Money spent on capital improvements was the smallest in recent! years—only $56,424 for additions to the distribution system- and new

{from home. nits Factories aren't making many | phones these days so Indiana Bell | installed fewer than -5000 during { 1944. This meant the company had 345,000 customers with 34,000 on the waiting list—17,000 of . whom { put their names on the list last year alone, Four out of five residence customers are on party linse new. They and other phone users made jaw=breaking total of 1,906,000 Nn and 58,000 long-distance calls daily. The long-distance figure is 12 per cent over 1943. Industries Bed Phones Popular water. July the peak month | One of the most popular new with 1,741,860,000 galloris being con- services 1s. the portable- bedside sumed, 66,550,000s0f them on’ July |‘phorie fof wounded men confined 10. February was the low month [to wards at Billings and. Wakeman with 1,296,440,000 gallons. | hospitals. om Operating revenues increased All this brought in plenty of $164,788 to $3,431,274. Operating ex- | | money—=$23,200,000, an increase of | penses increased $35,721 to $1,160,862. | |7 per cent, but expenses Taxes rose $80,047 to $1,138,237. [$15,100,000° were up 11 per cent.| Common stockholders received Taxes took $5,300,000 more: ‘Net!

An increase of 990 customers made | a total of 88,183 accounts, The | system, at the end of 1944, included | 731.1 miles of water mains and 6541 | fire hydrants in service, an increase of only 1.8 miles of mains and 25 fire hydrants. . used 40% of all the was

| $320,000 in dividends and 5% cumu-| income declined from ‘$2,806,000 in

lative. preferred , stockholders re-| 1943 to $2,574,000 for 1944 or {ceived $52,145, the same as in 1943.[4 per cent of the cost of plang and,

{ other assets. INCORPORATIONS

This was one-fourth less than the fod dh pre-war average from 1936 to 1939

ing, Inc, 221 N. Main st., Elkhart; agent, Willard C. siiver, 309 E Ci rawford st. sion year of 1933, | Elkh years

Bud C0 STUDEBAKER BOOSTS WEASEL PRODUCTION

Edith M. Sigerfoos, The Central Foundry Co. ation; withdrawal. National Coupon and Credit Exchange Inc., Logansport, amendment of articles of incorporation ! [Stan Sake Service Club, SOUTH BEND, Ind., March 9 (U. rown Point; no capital Edith Armstrong, Louise P.).—The Studebaker Corp. antrude E. Seramur, t. : i oul - Reliant Air Service, Inc., 1108 Old First nounced oday that tw id in Bank Bldg, Ft. Wayne: agent, R. EF. crease production of Weasels, the Baird Jr., same address; 1000 shares with- h ay out par value; R, F, Baird Jr, A. C. Ger- track laying personnel and cargo ¢ carrier, on April 1, The output of Weasels will be La Stepped up about 50 per cent. rePorte; dissolution , A y Pulham. Coury Farm Bureau Co-oper- |flecting sharply increased demands ative ‘Assn, Inc., Greencastle, am» ndment from both. major theaters of war increasing “capital stock to $150,000," di Seam vided into 320 shares preferred of 325 par {A /15 per cent hike in the proaucyajue 25400 shares voting common of tion of heavy duty military trucks par value,” and 3000 shares rion-votin T ice stock of $5 par he also will be made, according to

and wu Wolf : ne, ’ 2% oF Studebaker’s board chairman, H. 8. Aayne Agen au ) same address; 200 shares having no par VANCE. value; real estate business: Ottto P. Wolf, | Paul-E. Wolf, Minnie M. Wolf, Frieda J: |

Wolf U.S. STATEMENT LOCAL PRODUCE

Savy breed hens, 24e.

in the last 20

Maine corpor-

R.R 1] social Ger-

Inc, stock; Delsing,

wig. R. Jennings. Wayne Mortgage Loan Co., preliminary dissolution. La Porte Gas & Electric Co.,

Ft. Wayne;

Inc,

Otto Superior, Pt

WASHINGTON, March 9 (U. P.).—Government expenses. and receipts ay the current fiscal year through March 7 compared with a year ago: This Year Last: Year $ 66,081,054,387 $ 62,449,087 047 60,493,180,323 58,416,688,654 28,344,719,002 | 25796.545.461 37.736,333.984 36.653.431,305 16,172,683.653 17,777.132,224 15,409,767,056 17,014,354 889 234,992,011,361 187,395.047.345 20,454,289,270 21.690,092,584

Leghorn hens, Expenses War Spend | Receipts Net Deficit grade A c,.h Ba) grade A work, Bal Public Debt L | Gold Reserve

Broilers, fryers and roasters, under bo white and barred rocks, 28e. ! Old roosters, - 15¢ Eggs~Current _ receipts, 3lc; large, 34c; grade A medium, 3lc; small, 26¢: no grade, 28c. Butter—No 1, 50¢ Butterfat—No. ie No 2, 36c /abash County Farm Bureau Credit Union, Wabash; amendment increasing INDIANAPOLIS Sapital stock to 150,000° shares of $5 par Clearings va

CLEARING HOUSE

§ 4,560,000 . 15 173, 000

BUSINESS DIRECTORY

GUARANTEED USE YOUR CREDIT at

$7 hatihi9tG I oop: Ad RCA

Vy A Ay} CLOTHING COMPANY

LOW PRICES 131 W. Washington St

i T E ¢ i c. Directly Onposite Indians Theater novse. SLIPPERS $12

KINNEY'S

138 E. WASHINGTON ST,

Make Woodworking Your Hobby. Ose

.. DELTA MOTOR DRIVEN TOOLS Exclusively at

VONNEGUT’S

120. E. ‘Washington St.

Kztravagance

LEVINSON

Your Hatter

WHILE THE REST OF THE own SLEEPS AG'S, ALL A DRUG STORE

ov and and Meridian Sts. jue -I8 OPEN

DIPS FROM JANUARY,

PAGE 15

. STATE EMPLOYMENT C.1.0, Says Hoosier Labor |!

Laws Helped

Employment in ~Indiana, drifted lower from mid-January to mide!

| division reparted today Employment of 573.508 wage earn-

lers was 0.3 per cent under January dominated assembly “neither the best nor the worst labor legislation was improved, despite: all that hasn’ t been bdne

land 6.3 pex cent lower than Febru-|state's ary, 1944, Weekly payrolls were $24,- | bY the assembly.” 870,000, or 0.3 per cent under Janu-| Referring to the legislature,’ aty and 6.2 per cent under Febru- | Which ended a 61-day regular sesary, 1944, sion this week the bulletin said: February factory employmens was “It has already been condemned estimated at 408,368 wage earners, by important Republican citizens {0.1 per cent under Jantary and 9.3'§S one of the worst asseniblies on per cent under a year ago, with fac- record. This is not strictly true

| tory, payrolls at $19,800,000 or 0.3 per In many respects the legislature

ness and calls to loved ones away .

of |

| Willard C. Stiver Real Estate & Buila-|and lowest, except for the depres-

cent under January and 84 per Was éxtremely bad and in some recent- under a year ago. spects it was fairly good.” The division attributed the de-! The G. O. P. can take credit for clines to the unwillingness ‘of work- the good done but it also must asers to shift readily to tight labor Sume “full responsibility” for the areas and the draft. i bad, the council said. ars ———————————— The C. 1. O. explainéd that only:

SET UNION VOTE AT °° cu-sndeou snti-isbor. bil G. E. WABASH PLANT

concurrent resolution memorializing WASHINGTON, March 9 (U. P.).

congress to pass the McCarranSumner bill. The congressional —The national labor relations board | measure was “designed to impede today ordered production and main-|PY further court action the operatenante employees of the General tion of federal administrative agenZlectric plant at Wabash: Ind., to cies,” the bulletin said. { ndicate by secret ballot within 60! Henley Assailed lays their "thoice of ‘a collective | > yargaining representative, { Passage of a senate bill Workers will choose whether they|a commission to study employment will be represented by the United |discrimination was assailed by the Brotherhood of - Carpenters and |bulletin. C. I. O. leaders pointed Joiners of America (A. F. of L.);|out that the bill originally provided the: United Electrical, Radio and, for the creation of a fair employ{Machine Workers of America (C. I. iment practices commission. As 19 ), or neither. | passed, it represented an ‘“‘emascu-

creating

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New Topcoats “Large. new spring 1 ges

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. New Suits A new suit to give 1 gs you a new “feel-

ing”

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New (Junior) Suits (4 Years to 10 Years) a 3] 95

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| Budget Terms for Your Convenience

{ | | | {

Coats Spring Into the Picture

by are

The Idfana State Industrial Union Councik (C. 1. 0), conceded today “strengthened and improved”

by the 84th

' and added that the-

sis: saalo—

lated version,” the bulletin said. “This is a shameful fraud upon the minority groups of Indiana. We don't think many will be fooled by" it,” the-eouncil said. The workmen's compensation law was “definitely ‘liberalized,” in*the opinion of the union council. How= ever, House Majority Leader George W. Henley - was criticized as the author of a “vicious system’ of une employment penalties attached to the bill by amendments. Little was done to prepare Ine diana for the post-war period, the council charged, adding that the number one point on the legisla ture's agenda was the reorganization of state government “so that come plete®control of jobs and patronage was given to the governor.”

REGRETS SWISS BOMBINGS BERN, March 9 (U. P.).—Switzer« land had the assurance today of Lt. Gen, Carl A. Spaatz, commander of American strategic bombing forces, that precautions would be taken ta prevent’ further American bombings of Swiss territory. He expressed res gret over recent bombings.

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