Indianapolis Times, Indianapolis, Marion County, 4 December 1945 — Page 2
Iron Out; Expect Money ‘in Day or Two.’
¥ By WILLIAM LONDON, Dec. 4 the chances were 80 per cent in
H. STONEMAN
Times Foreign Service .« . i.—It was estimated in Downing Street today that
favor of a sueecessful conclusion to
‘Anglo-American soa negotiations within a day or two.
The cabin ington were ae yesterday and it al remained to be cleared w.
's latest instructions to the British delegation in Washe was stated that “only one or two|-
he ES an! spokesman failed what these points were,
ot it he Yd that they include ine question of what Britain is
TE AGT FUND |
Tax Secretary Sa Says Mayor
+ Approved Fare Schedule.
4
W
Immediate approval
8 $10,000 appropriation ordinance to employ special attorneys, accountants and engineers in the In-
. dianapolis Railways, Inc. rate case.
. City council last night passed the measure before an overflow audience. Councilman Ed Kealing, the body's vice president, declined to
1 vote, while Councilman William
i. Brown opposed the measure. Mr. ~ Kealing is a supervisor for Indianapolis Railways. ~ A hearing will be held Dec. 17 by the public service commission. ~ Frank C. Murray, executive secretary of the Indianapolis Assessment and Tax Research Association, Inc.,
will be| sought from the state tax board on
Charged Mayor Tyndall approved
going to do about funding its ster- * ling debt to other 4 members of the & British empire. "The United States is understood to have ~. asked that a certain portion of the dollar credit made available to Britain should be Mr. Stoneman ..ichéd to these creditors to enable them to pur- | chase American exports. Britain owed about 3,500,000,000 pounds ($14,000,000,000) to various countries in the form of frozen sterling balances which have piled up in London during the war. | Britain's position has been that these debits could not be scaled down without full consultation with | the creditor countries, of which politically explosive India is the | most important. One definite British concession has been the und g to subscribe to the Bretton Woods agree-
ment, subject to parliament's ap-
got A me
Beleaguered home building chiefs, answering housing shortage “heat”,” struck a united-we-stand, di-vided-we-fall pose at a dinner session last night. From left to right, they are Robert L. Mason, treasurer of the Marion County Residential builders; J. B. Haverstick, regional vice president of the National Home Builders association; Frank Mutz, own of Peerless foundry and associate of the local group; Fred B. Palmer, Marion county secretary, and Merriam Graves, locg] president.
————
within the mest year ia anticipated Regional Builders’ am
- FE ail
is tied up by government controls not the attitudes of the builders. “Everybody but the right people is being blamed for the housing short- | ; age,” Mr. Grinslade continued. “Red Tape, and lack of manpower} and materials are the real holdbacks.” He charged that while labor leaders point the finger of guilt at builders, they are at the same time directing strikes that have the effect of production.
be defeated in the house.”
tionary,” o58id Mr. Graves. “It pro-| ps J. B. Haverstick of Dayton, O.,|vides for slum clearance and conprincipal speaker, urged an abund- |struction of 500,000 public housing an. —_—
“The bill ig untimely and et
VBS Ta" the fest Te yeale Nps 1a’ the Mkt AN on m8
BROAD RIPPLE HIGH REVEALS STANDINGS K. V. ‘Ammerman, Broad Ripple high - school principal, announced
Haverstick said he thought it “can 2
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the | b fare sale, ina | Proval. This agreement is distaste “There's a question in my m {ful to the present government and
the mayor is behind this), yopor party because it will fix
{States district attorney, will speak son “A Day in Federal Court.” A
i Cardinal club, luncheon, 12:18 p. m., Hotel
¥ rere nts th Cl 1 hotel. a convention, Cla 0 Lau Gaye, hotel.
i Mid-winter concert, Technical eh Sheol
fight to reduce fares,” Mr. Murray | declared. “You're asking him to spend $10,000 to prove himself wrong.” Most of those present came to protest proposed ordinances that ~ would have rezoned the vicinity of 30th and Illinois sts. and restricted
: Mayor Tyndall was authorized to = APpoin a non-paid city service di-
Ee ieslod-was S500 ob tie eity's share of constructing the ~ Morris st. and Belt railroad grade separation. Postponed was a measure to authorize construction of a $500,000
fer in the same locality, Both will feature bowling alleys. Introduced was an ordinance to
HEAR DISTRICT ATTY.
The Indianapolis Federation of Community Civic clubs will hold combined November - December E Tueting ai 8 p. m. Friday in the hotel, Paul C. Wetter, Mashing announced today. B. Howard Caughran, United
Christmas program and general [mone will follow. The meeting » Will be under the direction of Mrs.
the value of the pound sterling in relation to the dollar or to gold, and will prevent free manipulation of its value in relation to other currencies. Both political and expert opinion here favors an elastic money policy as’ an instrument to combat defla-
;{tion and to regulate the pace of
Britain's post-war export trade. Draft Legislation Now having agreed to accept Bretton Woods, the government has already arranged to introduce the necessary legislation in parliament in time for its passage before Dec. 31, the deadline-for acceptance of the scheme. The conclusion of the loan agree- | ment will not serve as a panacea! for Britain's economic woes and most certainly will not miean the end of domestic austerity. The whole purpose of the loan will be to pull Britain out of a hopeless position and to give it a fair chance —or perhaps only a chance—to fend for itself, . Once the loan is granted, it will be up to the British themselves to fight their way back into a position where they can be said to be self-sustaining. It is not certain that they can do so, but it is clear that if they do, it can only be by enormous sacrifice, The fact is that Britain today is in the: position of Russia at the beginning of the first five-year plan, minus, the colossal manpower, natural resources and police discipline, which allowed Russia to plow its way through that backbreaking program, Its economic position is as serious | today as its military position was | in 1040 and $4,000,000000 in the | form of a loan from the United States will simply prevent it from | being worse
“> William H. Owen of tite Tibbs ave. league
IN INDIANAPOLIS
.- EVENTS TODAY - . *
- Indians Laundry Owners association, con. vention, Hotel Severin ; convocation, Scottish Rite cathedral.
Washington. American Chemical society, luncheon, War-
dia or il, © Fire Girls, din eounc: am) ri - ner. $30 p.m FW Oh = Gas association, meet. £5 P. m.,, Central library. . ng.
FYENTS TOMORROW
and Township Officials
whers vention, Hotel Severin, ite convocation, Beottish Rite
ssociation members of nusl high school, dinner, 6:30 .p. m., schoo! lunchroom, Srchestra and | Concert club, rookside cente
MARRIAGE LICENSES
Pharies - ‘Case, n > 14, Box 287;
Eva oore, 323 N.
heans Willard Ta navy; |’
port, ; lllene Opal Owens, 1221 N. Ya a. M. Glover, 402 W. 28th; eanor Williams, 1524 Asbury, gl Baumann, 3430 8. Rural; VirSis M e Alep. os E. Beecher ngram, Monticello; Hy 974 Middle -dr.,
Place. ‘John Walter Komosinski, 2255 N. : Ultnots; Anns Mae Jollift, i 8h
Wis it Geatys, Btilesville; Dorothy amp Atterbury; Ella Maud , Bt. Louis, Ma.; Mo.
J Copyright, 1948, hd The Indiahapolis Times and The Chicago Daily News, In.
Evelyn Roper, 1318 N or Leslie John U. Helen Schroeder, 1318 %. Aviv Tyndall, Schenectady. N. a. MoeQuiston, 3601 Colleg Charles Harvey Wedner, He Sarah ‘Frances Kelsey, 1310
liam, 556
Eugene Davis, 349 N. Arsenal; | Betty Lou Hudson, 3249 N. Arsenal. | Harry Lull Jr, 28 N. Beville; Louise Todd, | 4801 B. Washington. Herman Jahnke, Chicago, Ill: Velma A | Pee, 336 Prospect. Howard yiahond Ford, 1436 Central: } Helen Grant, 669 E. oth, Sh ". Stribling, 3713 Clifton; nd Senate,
Strain, 1229 N. Pred Isaac Jon: Daisy Ellen | n|
4906 Ww. J Prater yr x. og) ames nsen feago, Ii.; Doroth Jute Meredith, 117 8. Butler,’ J —————
BIRTHS Triplets
At Home--Kenneth, Lusigs Washington, | 2706 Martindale (boys) ~ Girls neer, Betty ona. rnice Masse, | ohn,
Norma Mier Bisie | Layman; adi er
At St. Franeis—8 At City—Lonnte, At Coleman
+ Marg: Joesph, Dorothy | wily outs,
Boys 1 At Si. Francis—Knox, “Mayme Martin; | Napoleon, Dorothy hy W am, |
At Colema Ernest, dred oS raeitr 1 NO . Joustts “sro Si ward, | ~My Ee |
Paty: Charles” Seu “Sevnetis
At Meihpdins Ferry. 3 Beatrice Armst
cCleery, Walter, Do
+ Storms } At St. Vincent's—Harr , Theresa Armour, TAL ardt—Chlorus, Noreen Corder,
Ma Beasley, pel
1. African Zebra Belt. ...........3.80 1/20 10K gold-filled Initial Buckle
8. Pigskin Belt...................2.00
Sterling Silver Initial Buckle. ...3.80° . In plastic box, suitable for cigareties
8. Pigskin Balt. ..................2.80 0: Garters... .covuivsniriineresn. BB 7. Suspenders. ......u.reirenies BO 8. Initial Buckle... ............,... 180° .
*plus tax
Men's Fasnishings, Street Floor