Indianapolis Times, Indianapolis, Marion County, 27 March 1945 — Page 8
TET
* Nazis Hide Millions in Disguised| Hoards Abroad to Aid Underground
—— ROGER BUDROW |
THE NAZIS HAVE HIDDEN MILLION of dollars, jewelry and art t-easures in Germany and ih conntries| to finance their underground attempt for a come- back, after they are defeated. - These reserves are camouf under the names of -Grerman owners. Most of Switzerland, Turkey, den, Argentina ifg to Fran in Barron's, the
= 7000 PORKERS RECEIVED HERE
Prices Unchanged at $14.80 Ceiling at Stockyards.
Hog Indianapolis stockyards war food adminisiration 1 Prices still remained $1480 ceiling Receipts cluded 2000 cattle, 500 { 100 sheep
laged non
them’ are Spain Portugal ace d=
T bg AS when time comes that Himmler's agents need money, it will be available, When Hitler's armies smashed through western Europe in 1940 a small army experts followed the troops, .systematically #ooting Belgium, Holland and France of gold bars and ¢oin, dollars and sterling bills, diamonds and art treasures. Occupation costs furnished another form of extortion. Of course, by no means all of this : has been cached outside Germany . 300 D to be safe from the victorious al- 360 lies, but much-of it has, as is shown Medium~ by the big increase in gold re- 150. S09 Packing Sows serves in neutral countries. God to Choice— 37. : 330. 560 360-
ag
the today, the eported
at ‘the
receipts totaled 7000 at
mn-
and
also of
calves
CHOICE 1500)
HOGS $14.00@0 14.50
GOOD 120- 14 140- 160 | 150- 180 pou 180- 200 pounds 220 pounds 0 pounds nd
TO
ds
poun » P 1
n n 8 IT IS NOT so hard to hide such secret loot as you migit think There are hundreds of holding companies in the names of Swiss or Swedish citizens which own the i majority stock of German com- Slaughter Piss panies, thus keeping the allies from Medium to Choice— confiscating them because of the| 90- 180 pounds apparent ownership by a neutral CATTLE (1800) There are thousands of safe deposit Steers boxes good for keeping gold coins, ? diamonds and jewelry. 1330-1100 pounds In Switzerland savings accounts 1300-1500 pounds are not opened in the name of the “700-900 pounds owner but with a number and, a 900-1100 pounds
1100-1300 pounds key word. There's no. telling how 1300-1500 pounds many are German accounts.
| Medium-— 700-1100 pounds Large German ‘concerns have '100-1300 pounds branghes in Argentina disguised as Argentine corporations, Mr. Pick reports, and their assets are big. Zn pounds The Austrian, Fritz Mandl, with the J5.10m pounds help of the Herman Goering steel 600- 800 pounds trust, has set up a large company 500-1000 pounds to make all kinds of army equip-| s500- 900 pounds ment in Argentina. All these out- Golem Oh Svends fits could be helpful to cloak Nazi Sous underground activities. : : The allies are aware of such aH AA subterfuges but are helpless in Canner many cases, although pressure- has re been put on Switzerland to StOP| "Good (ali weights) helping the Nazis. Ferrreting out Sat usagee hidden hoards may take years and op mi then never wholly Sucre. a. ym THE BROWNOUT brought a | yeaun yl A ANEW 00 persistent appeal from ‘a Chicago common and medium . 10.00%416.50 dealer in insulating materials, | Cull 5.50@ 9.50 “who wanted to keep his show win- | Feeder and Stocker Cattle and Calves | dow lights on. His argument: |; teens By keeping the .windows lighted, gr 200he would sell more insulating materials which would save more fuel than turning off lights would. He didn't win. 8 8 &® ODDS AND ENDS: Indianapoiis Power. & Light Co. has its fingers rrossed. antikit get that $3.6 miillionr | M turbo- generator and boiler for ifs] Harding st. power plant; it was ordered once before but Public Service Co. of Indiana got it instead—| had” a more urgent priority. . . . In| three years $5.8 billion has been turned back to the treasury through renegotiation of war contracts About $35 million worth of government surplus war propertywas sold during February, biggest month so far. The government realized $15 million or 46 per cent of the appraised” or cost value The WPB still frowns on reconversion talk in public, but one big automaker, preparing for war's end, his whole factory Eoiater, where he will all auto-making machinery, and where in the yard) he will put government machinéry he is now using war work. The University of Chicago is raising on 10 per cent and .Northwestern, which once socked this writer $300 a year, now asks $400
003 14.05
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Choice 700- 900 pounds
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. [email protected] secesnsnsenss 14.73015.25
an weight)
Good 12.257 14.00
Bulls (all weights)
. [email protected] .. [email protected] [email protected]
oice— 800 0-1000 Good— | 500- 800 800-1000 Medium 500-1000 Common— 500- 800 pounds Calves (steers) ond.and choica— 500 pounds down
pounds pounds
cesissiveves [email protected] serreninreve [email protected]]
[email protected] | 1.50@ 8.75
pounds pounds
pounds sessrsrne
1.25013.95 "i 0mp2395,!
Calves (heifers) Gond and choice — 500. pounds down Medium-— 500 pounds down SHEEP AND LAMBS Ewes (shorn) Good and choice : Common and medium LAMBS Good and choice Medium and good Common
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COURT TO HEAR | FREIGHT FIGHT |
‘Georgia vs. R. R. to Go to] 3 Top Tribunal. |
By MARSHALL M’'NEIL Scripps-Howard Staff Writer WASHINGTON, March 27, — An! important phase of the South's § eco- | nomic future is at stake before the| TU. 8. supreme court | That. court, by a five-to-four { cision, has permitted file. with it an originél suit rging that the and other ‘railroads ‘have cons spired fix rates that retard the| state's business and industry,
Freight Differentials
Georgia anti-trust| cha Pennsylvania | 19
0
against freight been
Georgla compla g interterritorial which he the South and 20" years or sq. | Georgia example, that| the railroads have fixed arbitrary | rates for transportation of freight to and from to give preference to states over the ports of Other southern and southwestern states contend these barriers prohibit their industries from competing in nor rth- | ern and eastern markets on the same footing with similar industries in those areas
the so-called ve
rate differentiais
widely « Southwe
1c emned In the past
iy for claims 101
0
t e
the 50 as
other
state ports of
Georgia.
Economy Suffers
gations of the
he alle
+1
“11 ¢ taken as opinion
e.,” the court
sald, the economy
Georgia and welfare of have seriously suffered 11t of this alleged conspiracy natory are but one trade barriers. They may blight no less ser han ad of noxious gas. “hey may effect the prosperity of a state as profoundly as any diversion of waters from rivers. They may old industries and prevent estab- | lishment ew ones. They may of a state or a decided disadvantage in
Georgia is complaining of a which if proven, limits the opportunities of her people . . .” Georgia and her sisters of the South and Southwest claim these very things have happened. Majority Opinion The majority opinion, written by Justice Douglas, held that consideration of the suit by the supreme court does not mean undercutting the interstate commerce <commission. It has authority over rail-
road rates, but does not enforce the anti- ret laws. Forty-five of the giant bombers |
SAYS TAXES WOU D have been announced as having PUT TVA IN ‘RED’ failed to return to base. Only al . part of ‘these were shot down
NEW YORK. March 27 (U.P) — Others were lost through mechani- | The Tennessee Valley authority's Cal difficulties and their crews were | 1944 project of $6,600,000 would have | S8Ved: ; been turned into a deficit of around Five Lost Over Tokyo if it had paid interest! pn return, the B-29s, . traveling! and taxes similar to the privately 1500 miflés or more without fighter | owned utilities, C. W."Kellogg;"brest- ‘gscort, have shot ‘down 203 Jap dent, the Edison Electric Institute, planes, have listed 181 more as| said today. probably destroyed, and have dam; | |
the
tizens 10 as the rest Discrimi
of
rates form 56 a
spre
10US
t cau ¢ 3 T the i ct os «so and stifle | By NEA Service of pletion
by B-
nit it
put it at
Late o competitive markets. 29
Superfortress long-range |
wrong
bomber “softening up” strategic targets in Japanese terri- | tory. Targets on a been as far apart between New York and Paris.
ci 1 singl
Su-
first three-score forays. Japan has |
Indo-China, pore.
Rangoon and Singa-
it it
Total income for all privately aged 200 more—a total of 674 owned companies wa up $135,000000 Toughest opposition put up | over 1943, but the net profit gener- against the Superforts was on the| ally. suffered a lgss..he said. January 27. daylight raid on the | In contrast with .this situation
BAI nainked: rp hoo ohana ints p
Low AL 15 ve
uwned eleetric projects. As one example, ‘he said that if T: V. A. had been taxed the same per cent of its
| péwer revenues as the electric com-
panies, it would have paid mofe than $5,500,000 to the federal government on its. 1944 power business of $35,200,000 He also cited interest as a much larger item for which govern-
S *Bobbs-Merrill com 5. bY Mer rill 4! ®entral Soya com e Theat er com the ; 15 m ; Jackson RR pid. . g Co com
] ©T Ft Wayne 7% pd : fd
1 lem. Hl “For the last fiscal ‘ive
‘proprietary interest’, of
the the United E pid .. States in FT. V. A. as indicated by * 1s pf... report ofthe treasury > ecretary, averaged $596,000,000,” he poin ted out. “Interest at 2 per cent would have amounted $11,920,000. “These twol items of interest taxes not paid by T. V. A, $17,420,000 would. have, if T V. A the red last t $10,900,000, instead of ire of $6.600,- 5c ast
year
115 - 2 243, +1 dpls Rail ways com Indpls Water or Indpls Water Class A com Jeff Nat Life com... {ingan & Co pfd K n & Co com .
on tnis
and totaling ¢ i pald thrown into veal anou
permitting ‘a black: fig 000 on
U.S. STATEMENT ch 27 P -—
{ receipts fq gh Mareh 2
combined its last
operations,
report.”
Pr
U
La t Year 283,500,458 62 684,208,989 30,361,494 668 36,922,003,140 16,710,855 186 15,048,056,170 186.831 572,170 21,509,899,631 INDIANAPOLIS C LE ARING Clearings Debits |
HOUSE $ 5.511,000 |
nsot 15,397,000 *Ex-dividend
eas) enmot
Him
ROI JHOMPSON
Blended Whiskey 86.8 Proof =057 Grain Neutral Spirits
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HE -IN DIANAPOLIS TIMES.
B-29 roars over Tokyo.
| Tokyo area, WASHINGTON, March 27.—Com- were shot down by the Japs while over the hump of the Himalayas | of more than 60 missions Superfort gunners shot down 57 and on high altitude bombing mis-
Superforts Hold Own Against Jap Zeroes
huge clouds of smoke roll skyward as strategic targets are hit,
when five bombers
Jap planes, probably destroying 21 others and damaging an additional
bombers of Gen. H. H. Arnold's 20th |4)_ 5 total of 119 enemy planes ground at bases in India. air force has proven this super- | destroyed or damaged. The num- hot seasons, with the sun beating to be our most effective ber of U. S.. planes taking part in down on the vast expanse of B-29 weapon against 'any raid has never been announced. !
Whether or not the Superfortress {will entirely replace the B-17 Flying
e mission have | Fortress and the B-24 Liberator for | ble. as the distance |the next war, which everyone hopes!provided for such conditions. {will never happen, or for maintain- | perfortresses ‘have blasted Tokyo |ing the peace of the world by force ing atmospheric conditions of 8000 with ‘telling effect on 10 of their |if necessary, cannot be categorically foot elevations inside the crew com-
answered now. But it is pointed
been hit in at least 10 places, and |OUt that the 17 and 24 designs are they are operating above 20,000 foot B-29s have smashed at Formosa, {now over five years old, and few levels, has fulfilled every expectaChina, Manchuria, Thailand, French | military aircraft are good that long. tion and is a delight to the crews.
Tested in Field
Operations practice has had to be worked out in the field since the B-29s went almost directly from the assembly lines into action. Tests provided by the India-China operaftions, however, were more severe than could have been givén
theory, on proving grounds or in
{ laboratories.
A moment later — ‘bombs AWAY “oe
mn |
TUES
LOWER TARIFF FACES FIGHT
Republicans Oppose 50% Cut, 3-Year Renewal
WASHINGTON, March. 27 (U. P.) —President Roosevelt's request for additional authority to lower | tariff barriers today faced stormy | going in congress. | The “pending “Doughton bill, spon? | sored by Chairman Robert l Doughton (D, N, C.), of the ways| and means cominittee, would ex-| tend the reciprocal trade agree-| ments act three years beyond its| June 12 expiration date. It also would permit further reductions in| tariff rates to levels 50 per cent below tliose of last Jan. 1. Since! 1034, the act has allowed cuts 50 per cent below the rates fixed in| the 1930 tariff act, but the admin-| istration has exhausted. much - of | that authority.
Destroy Economy
While not all house Repubficans|
would fight a simple extension of the reciprocal trade agreement law, it was evident that the party would | be nearly unanimous in opposing authority - to- make - still further tariff cuts.* Rep. Roy Woodruff (R. Mich),! ways and means committee member N and a consistent foe of the. pro-| gram, said the administration pro-
{posal wostld cause “millions of jobs
|to disappear.”
!
|
tures at which the planes flew |
sions gave extremes of contrast to the 120-degree temperatures on the In the]
surface skin, temperatures inside the plane sometimes rose to 185, making maintenance work impossiCooling systems ‘had to be
The pressurized cabin, maintain-
partments of the planes even when
{Remote control gunnery, compensating sights and the “tin brain” automatic range finders and computers have made the B-29 a hard fighter, and - losses have been exjuremely low. Fly Easily
The big ships fly easily; too, and
He asserted it would destroy the American economy. Mr. Roosevelt said that in the agreements alréady made, the U. 8 had reduced tariff rates for other| | nations in exchange for concessions | made to the U. S. Under |as it now stands we do not have { enough to offer these countries to; serve” as a basis for the further
| concessions we want from them.” |
LIKES GARBAGE JOB SPRINGFIELD, Ill. (U. P.).— ohn W. Smith recently started his 23d. year of service in this city's garbage collection department, and he’s not tired of his job. He says! that modern equipment enables the
MODERN
pilots are all
their performance. Accuracy of
enthusiastic about |
The extreme ' sub- geo tempera~ | bombing, even {rom top altitudes, |
Lots of Foie Eggs in Store
NEW YORK, March 27 (U.P.). —An adequate supply of eggs will be available for the Easter season
- a
hp
Pagadian’ Vyasa wat | country, reports from buyers for the nation’s leading egg distributor indicated today. : “Although laying, flocks have not yet reached their peak production period this spring, favorable weather in late February and
Bia ada ene a
| early March in many of the heavy |
producing areas has increased the supply,” Barnett Gabriel, head of the national egg and poultry department of A.°& P. food stores, said. -
has been " amazingly good when | | checked later by photo reconnais- | ni On the first -B-29 own mission” against the railroad i at Bangkok, Thailand, last June 5, the bombs were dropped from 20,000 feet, yet they fell in a \dispersal. pattern only 1600 yards long. In another Nha Super{orts dropped. mines ‘in| the harbor at Palembang, ‘Sumatra, | to bottle up Japanese petroleum | ‘shipments from the big refinery there,
reat
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SDAY, MARCH 2, 1945
CR RRR TIT
G. I. Loan Center Planned Here
> INSTEAD of going directly to local banks for “G. L” loans, vetbe sent to a new “Bankers G. I. Loan Center” to be
opened shortly. at the World War Memorial building. A veteran of this war, who had credit experience before going into service, will direct the ceriter, which was planned by the banks. At the “center the veteran will get fin al advice, the applica~ tion will be processed through the Veteran's administration and the borrower will choose, provided the loan is o. k.’d, what bank he wants to do business with, Willlam B. Schiltges was chair« man of the Indianapolis Clearing House committee. which devised the plan. . All Indianapolis and Marion county banks have been invited to participate. A similar plan has been functioning .in Rochester, N. Y.
NEW. FIRMS AND PARTNERSHIPS
P. & J. Tool Co, Tool shop. Charles W. Johnson, { DeQuincy; David E. Patrick, 2856 . Olney ‘A. B. C. Engineering Service, 305 Mere chants Bank bldg. Sales and brokerage, James H. Woodsmail, 233 McCrea st. Associated Food Sales Co., bldg. Food broker Walter L. Florey, | 10d N. LaSalle: Walter A, Powell, 910 Olney; Stanley W. Flora, 4049 College. Central Pattern Works, 546 8. Meridian Making of patterns, etc, Clay Bush 2235 N. Alabama; Laura Mae Bush, 223% [N Alabama, Tannin Products, 2039 Madison ave, Manufacturing chemists C. B. Kendall, 218 E. Pleasant Run pkwy | The Elevator Maintenance & Supply repairs and 1, Carmel,
1208 N. DeQuincy sk 1208 N.
209 Kresge
ot
{Co., 38 Bhelbvy st levator service, Fred Evans, R Ind
INCORPORATIONS
Wimpy Grills, Inc, Hammond: change of address to 662 Broadway, Gary, and «change of agent to Lewis Simon, same address Harlan Grain Co, Kentland; dissolution, Contracting “division, A, C. Horn Corp, ’ New York corporation; admitted di¥na’ to engage in remedial proofing Postlewaite - Thompson Co, Inc, Hame {mond; amendment changing the corpore te name of Thompson Printing Co., Ine, Mishawaka Retail Pood Dealers associa tion, Inc, Mishawaka; change of agent te Alvin H, Mueller, 401 E. 4th st, Mishawaka, Allen County Postal Employees Credif { Union, Ft. Wayne: amendment Increasing Sapiial stock to 20,000 shares of $5 pap ivalue,
waters
——
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