Indianapolis Times, Indianapolis, Marion County, 2 October 1946 — Page 3

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ng its afInty Steam ishes heat L the city's 8s district,

hio capital of a mass pathy with The C. 1. d to consympathy ght. and union 1@ negotiale the twoand: street nance men

of the Tan strike at ‘barns were he Chicago c line posed m for 8000 ho work in k, a& strike Isle Transten Island, ssengers. rose in Chid Packing- . 1. 0.) denationwide mands that ind operate public util-

12, 1045. 1g scene of uly 12, 1945. rly conduct, 945. ng gaming ) days, both ed, -Aug. 30,

firearms act,

ing beverage 20, 1946. ying gaming r pool sell- , discharged advertising sts on room20, 1946. vicious dog, 1se, sentence g charge, $1 cense count,

iving stolen ending, y, dismissed, y, dismissed, regating, $1 . and battery ling. gree murder,

iving stolen

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nclude

HOLDINGS FOUND

Assets Total Wore Than! u. S. Pre-war Debt.

billion dollars worth of Japanese

total foreign holdings may reach | a figure twice as

great. 7 The $37 billion § figure comprises

the. foreign resources of 100 leading Japanese firms, a network of interlocking interests that ran from Manchuria to South America, from. the East Indies to the Mr. Whipple United States. It is a careful estimate of foreign exchange, credits, stock and bond holdings, industrial

plants and other physical properties

once owned by Japan's Zaibatsu, that monopoly of finance and industry which has been dissolved and abolished. World's Largest Trust Company The vast foreign assets of the Japinese empire—more than our own national debt before world war II—are the concern of the American civil property custodian’s office whiclt in a little more than six months, thus has become perhaps the world’s largest trust company. It is operating with approximately 100 employees, ‘army personnel and civilian experts, with the more or less willing co-operation of the Japanese themselves, who are called upon to furnish information. The unexpectedly. large foreign a8sets already disclosed will have an important bearing on the question of reparations. Thus far, the Japanese outwardly at least, have been willing to open their books to us. They realize that the “empire” is finished and their external assets must be forfeited as one of war's penalties. Therefore, they may figure, the more foreign assets are revealed, the further the nation will be advanced toward meeting the allies’ reparations demands. A railroad or two in Manchuria or a factory in South America are less important now than a good road from Osaka to Tokyo or a glass factory in Yokosuka. Functions Are Complex The functions of Gen. MacArthur's “trust company” are complex. The civil property custodian is a composite detective, an investi-

gator, an analyst, an economist, g |

claims agent, a trustee, an industrial engineer, a diplomat. He is hampered by many things— the greed and impatience of other nations demanding immediate division of the assets; the impossibility of arriving at accurate figures until the world’s currencies have been stabilized and the impossibility of arriving at a stabilization of the Japanese yen until the reparations question has been settled. Another international complication that stands in the way of solution of the complex problem is the continued refusal of Russia to lend a hand in the bookkeeping and to disclose either the extent or the disposition of assets discovered in and presumably carted off | from Manchuria and Korea.

Innumerable Claims

Furthermore on the debit side of the Japanese books, there are now pouring into the civil property custodian's office a flood of claims from Russia, China, the Philippines, the United Kingdom, Holland, Mavlava, Indo-China and other countries, a flood of claims already taxing the meagerly staffed office. These claims range all the way from fire engines stolen from Hongkong to rugs. presumably stolen from some far-away Armenian. All these claims must be authenticated, analyzed and prepared for presentation and recommendation to. an international claims commission which—years hence--may make a settlement with the aggrieved person,

Ex-Local Girl Reigns at Fete

A former Indianapolis girl, Vivian Allene Richards, is queen of the sesquicentennial celebration at Chillicothe, O., this week. The blue-eyed, 18-year-old queen is ‘the grand-=-daughter of Mr. and Mrs. GG. . T. Lyons, 706 . Parkway ave. She now clerks in a Chillicothe drug store. She, was chosen “Miss Chillicothe” 5&8 47a in a recent city~ 1 wf wide contest «in . : iss Richard: which 40 girls Miss Richards competed. Miss Richards was born in Indianapolis and attended grade schools 54 and 35. Her father, now an instructor at Chillicothe Federal reformatory, was formerly employed at Polk Milk Co.

reigning as

WEDNESDAY, 041. 2, 1946

337 BILLION JAP

Times Byoeta) Writer

Oct: 2,"— If E> pace had a Watc like - Boston's |: there is a local school principal who | probably would be. in or under the these islands. “It is too factual.” clink, | And he loaned us his copy. His name is J. Antonio Jarvis and | , hos rat he wrote a book called “The Virgin!stantly apparent, Much of the book TOKYO, Oct. 2. - Thirty-seven Islands and Their People.” It was deals with the superstitions, -voodoeofor the. tourist |ism and witchcraft common -among | assets already have been located in |trade, but the Chamber of Com- |a people which- is otherwise quite ernment countries outside the home islands |merce voted Jarvis no medals. On|literate. He cites actual cases which and it is possible that the nation’s the contrary, he was smothered in'|is a literary and-civic error on any

probably

ousted from his school post. Hunting for the book-shortly after | | solemnly assure you that it isgthat|foul-smelling concoctions. Dogs tha | his arrival here your correspondent |other island, Just over the horizon, bay the full moon are quickly beat- | received a very frigid reception at | where the poor illiterates go in for | ren into silence, and a black feather one of the bookstores.

The queen and her court of ‘five| pretty girls will reign at all events | of the celebration commemorating | the city's 150th anniversary. |

WISCONSIN STUDENT CYCLES TO NEW YORK |

GREEN BAY, Wis, Oct, 2 (U. P.) —Charles De Larwell, a 16-year-old high school senior, .pedaled from Green Bay, Wis, to New York on his bicycle this summer just for fun. Charles averaged about 70 miles a day on the 1200-mile "trip. He stuck tq, the bicycle all. the way, except for a train ride over West Virginia and Pennsylvania mountains. He eame home hy train to Detroit, pedaled across: Michigan

and took a ferry back to Wisconsin.

Islands,

old-time

ip 0't the book factual?

THE INDIANAPOIAS TIMES 2

Virgin Islanders Don't Like Book Which Reveals Truth oe

By STEPHEN TRUMBULL

resident here and asked the how~{confirmed by cold court records, participants hire both a lawyer here and the very loggl papers that|and an Obeahman before going to

come of all-the brush-off, and

“The book has a grievoiis fault, ni

he reported with the wisdom of more than 30 years of living in

The sins of Mr. Jarvis were in-

aribbean. The “betall over this area will

ter people”

such monkey-sfiines. Actually, many Jarvis stories are!

STRAUSS SAYS:

carried the letters.demanding his hide carried stories of Obeahmen

hailed ‘into court for practicing! black magic and hexing their enemies with devilish brews. Werewolf hunts, Mr.

out, are still common in Charlotte | Amelia, where the American flag] flies over postoffice and insular govbuildings. No one ever caught one, but they still hunt 'em. Dolls stuck full of black pins

are ‘found under doorsteps where,

men fight mysterious hexes, and

is a symbol of death.. In many a neighborhood row the|

the Topcoat that on in the future!

Jarvis 2 incoherent, ports, and many oth®rs bear him|

court. The Obeahmen catch large and fat lizards, name them “judge” “prosecuting attorney” and then - their “jaws shut with black { thread. That's supposed to make the prosecutor mute, or at least fairly nd to fix the Judge up Just dandy. The fact that -justice still struggles on hasn't“stopped the belief,

Fads in Obeahmen change. New arrivals from other islands sometimes do a landoffice business “before they are exposed for the swindlers that they are and run off the island

Mr. Jarvis still has his school

{ Job, a tribute .to the prevailing sanity ‘of those in power.

is a good time to improve the Present—by buying

will feel so good

The choosing is good—the Topcoats are good, better and best.

They have what it takes to make a

man inwardly feel

good—and

to give evidence outwardly of good taste, a quality mind, and a 1946-1947 outlook on life!

Priced to insure fullest value— whether a man chooses to pay around $30—or in the neighborhood

of $100.

COURT TO TEST S50-NONTH LAW

Bill of Rights.

By FRANK ANGELO Times Special Writer EDMONTON, Alberta, Oct, 2. — There is a restless stir in the halls of Alberta's parliament building these days. Sdtial Credit, the big idea of 1935, is about to get another, 1946-style airing from the courts,

This time the big idea Is wrapped

package. : It was approved by tHe last legis-|

Included in in Alberta's Newer

lature with the provision that tt

should not go into effect until ifs|

constitutionality passed a judicial test. That test Is due, starting Sept. 30, in Alberta's supreme court, The Bill gives statutory sanction to freedom of religion, expression, assembly, .choice. of work and so

$50 a Month Guaranteed

It also states that citizens are “entitled” to health,

$60 a month,

These are the broad goals, To | Provincial legislature, achieve them, the bill provides for

intricate provincial credit . policy, with credit institutions, and so forth.

up in a bright, everyone-is-entitled-| The dominion government contends|to the dominion parliament, to-at-least-8600-a-year bill of rights such a step infringes on federal|electing its fourteenth member fi {control of monetary matters. In effect, this bill of rights is a|Creditors outside of Alberta.

educational| has achieved “respectability” and medical facilities; to a pension| Widespread support for its adm $50 a month) if gainful employ-|istrative policies. - Sed ment if not available; to. retire at 60 with a pension of not less than|since it came into power in

control of | hates to be called a political p licensing of {has just handed the governme

There is one important dif now. While the move in th

had a “crackpot” today f being pushed by a nna :

It has survived two electic

It controls 51 of 57 seats in

And the Social Credit group (Liberal -party) a stunning: def

dominion seat won ‘by- the Soci