Indianapolis Times, Indianapolis, Marion County, 11 October 1946 — Page 26

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THE INDIANAPOLIS TIMES

Switzerland Delays S In Deal

With Allies

0c, 1} 1946

FRIDAY.

For German Assets

Bankers. Industrialists: Seen Behind Growing Antagonism To Agree Upon Liquidation

By WILLIAM McGAFFIN

Times Foreign Correspondent ZURICH, Switzerland, Oct. 11.—On May 21 of this year, America, Britain and France—acting on behalf of those members -of the United Nations organization which signed

mies ae wi Swi RAND T0 REPEAT TRIBUTE TO I. U,

land. The Swiss agreed that Property Musicians to Sing

of every kind in Switzerland, be- | Alma Mater Song. |

longing to Germans resident in| Germany, should be unearthed and liquidated. They stipulated, however, that they ' should do the in-

ini

vestigating be- Times State Service cause to allow the BLOOMINGTON, Ind, Oct. 11.— allies to do so | Between-halves maneuvers of the

| University of Illinois football band lat the Indiana-Illinois game here tomorrow will include a tribute to | Indiana first presented nine years | ago, In 1037 the visiting Illini mu- | sicians formed a replica of the Indiana Student building roofline and tower, complete with a bass drum

would be in ‘vioJation of their sovereignty.” In return the U. 8. agreed to

Mr. McGaffin forget the war-time blacklist of 1300 |

firms and individuals in “neutral” Switzerland, and to initiate the earliest possible discussions looking

toward unblocking Swiss funds in| “clock” and chimes and with the the United States totaling $1,500, singing of the Indiana “Alma Mater.” By request, the feature will

000,000. be repeated tLOMOITOW.

The Illinois band, making its first trip since 1941, will be directed by Mark H. Hindsley, freshman at Indiana university in 1921-22 and director of the I. U. band from 1925 to 1929. Pre-game entertainment by | the organization will feature greetings to a former University of Illinois freshman, Herman B Wells, baritone player with the Illini concert band in 1920-21 and now president of Indiana university. He| transferred to Indiana in the fall of 1921. The Illinois band half-time concert number will be a fanfare from the motion picture, “The Seahawk. The remainder of the visitors’ program will consist of the traditional routine for home games, with the a cappella singing of “Marching Nini” and “Hail to the Orange” land the “Chief Illiniwek” dance by | Robert Bitzer, University of Hans! senior, Among the guests at the wi fo

will be approximately 325 dentists and their wives, in Bloomington t¢- |

morrow to attend a meeting of the Rev. Roberts to Speak at put their oratory into high gear last night. alumni association of the Indiana | Ceremony Sunday.

U. S. Share Small At least 500 of the listed firms were owned or controlled by Ger‘many. Others Swiss firms that, ignoring allied warnings, carried on enemy propaganda, Increased their trade with Germany or even supplied it with war ma-

terial. The U. 8.

were

share of liquidation proceeds is ear- -marked for oflsetting American costs of feeding Germany and is a mere pittance of _ that. Gold looted by the Germans and sold or transferred to Swiss banks goes principally to France and Belgium. But despite this, the Swiss peeved over the deal and efforts to uncover and liquidate German assets have led to bad blood between the U. 8. and Swiasand Press Stirs Anti-U. 8S. Feeling Apparently, the Swiss press has deliberately nourished’ this antiAmerican feeling. The actual allied concern of course, is to assure that these Ger- | man assets shall never be employed

Miss Mary

of the two-day home-coming ceremony, which began today, by Athletic -student jury.

4 school, Miss Barnett majors in chemistry and mathematics. ‘HOOSIER POLITICS—

Flee Oratory Go

elected quee Bright and man at t

are

land there over Indiana:

Reigns as Queen of Indians Central s Home- Coming

rances Barnett of Wabash, Ind., will reign as Home-goming Queen tomorrow night when

the Indiana Cgntral college eleven meets Manchester college at Southport stadium. Miss Barnett was Director Edgar

She will ride in the lead ing float of the downtown parade tomorrow. A fresh-

Into High Gear Over State With the glection dg less than a month away, political speakers, : . - dpe : The following reports round up the political fireworks from here | : Twisted Loop Pile

Mary A. Kessler SENIOR SCOUTS Announces Staff PLAN REGATTA

a Alice Kessler, editor of the issue of. Manuscripts, | ar publication of the Butler Maye: to Talk university English department, an-

& nounced her staff today.

NEW ARCHBISHOP T0 BE HONORED!

Governor, At Reception Tonight.

Sunday Contests.

The governor and the mayor will Borers) 2k ; WW i pointments ns join with citizens of Indianapolis | clude Mary to honor the Most Rev. Paul C. Fritsche, Indian-| Schulte, new archbishop of Indian- apolis, exchange | apolis, at a civic reception tonight editor; Jean Far-| at 8 o'clock in the Cathedral high Son, and Allyn) fool ditori Wood, Indianapschool auditorium, olis, and Dorothy Mayer Robert E. Tyndall will} Clarke, Kokomo, speak followed by Governor Ralph Miss Kessler art editors, and Jeanne Malott,

F. Gates, respond. archbishop of Indianapolis: yester- | day in ceremontes in SS. Peter and | clude Muriel Holland, Joan Yarian, | aul’s cathedral. | Barbara Wells, Rebecca Taggart, More than 200 Senior Scouts Irom Male Chorus to Sing Ruth Ann Gossom, Nancy Ostran- the: Central Indiana council will The Very Rev. Msgr. Fintan J.|der, Shirley Loy, and Molly O'Dell, Participate in games and contests

Walker of Terre Haute will discuss | all of India otis. and Betsy M at the council's first annual ren= "The Church in. Indiana” ahd: John [2 97°1ndiananoiis, anc Deisy C-| dezvous and regatta Sunday at Port

K. Ruckelshaus will preside. (Neely, and Rose Alice Humke, | Optimist, 30th st. and White river. An instrumental ensemble from | Carmel Canoe and sailing races will top the personnel of the. Indianapolis| Included on the circulation staff] the list of contests, Other events Symphony orchestra will play, as a|of the magazine are Virginia Du-| will include life ring throwing, rope processional march, a selection from | bois, Doris Colligan, - Helen Carter, | work, signalling, airplane identifica« Grieg’s orchestral suite “Sigurd|Rosemary Jones, Constance Harvey, { tion, personal first aid, whale boat Jorsalfar.” There also will be a|Rosalind Martin, Pearl Rice, and pulling race and heaving line selection from “L'Arlesiere Suite”! Margaret Lehr, all of Indianapolis, | throwing. by Bizet and a ‘“‘Recessional March” | and Rosemary Ronsheim, Anderson. Scouts from Indianapolis, Lebas« by Svendson played by the en-| The freshman staff includes Mar- non, Crawfordsville, Shelbyville, | semble. | gery Lananan, Donna Kleyla, Frankfort, Danville, Thorntown, The archdiocesan male chorus | Patricia Coate, Martha Rankin, Plainfield and Clinton are expected {will sing Piel's “Tu Es Petrus” and | Dale Marvel, Clarence Waterson, | to take part in the events. | “Jeursalem Surge” by Yon. Elmer | Robert V. Hirstine, Jack Averitt, An outboard motor will be offer | A, Steffen, K. S. G., and Walter Patricia Welch, Charlene Hays, as one of the top prizes in the con= Reauleaux will direct the music and | and Max Shanklin, all of Indian- tests. A snipe frame kit, a suit of Edward F. Krieger, organist, will|apolis, and Mary E. Butler, Ko- nylon sails and an archery set also serve as accompanist. | komo. will be given, in addition to ribbons,

Archbishop Schulte will He was. installed second | Indianapolis, freshman editor.

Members of the literary staff in-| | ing race.

Sea Scouts of ships 1 and 80 practice for the whale boat pull.

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to finance another war. The Swiss press, however, present the picture in such a way as to make allied aims appedr to be the grabbing of the life-savings of innocent German servant girls. It seems obvious, to the American observer at least, that the Swiss antagonism is motivated largely by the fact that the liquidation pro-

‘university school of dentistry. Dr. John W. Geller, Ingighapolis, is president of the associafdon. The | The Rev. John C. Roberts, son of Federal Red Tape Hit group - will attend the game fol-|Indiana Central college's firSt pres: lowing d& morning businéss meeting | ident, will speak on “The Early Days By Jenner at Gary ind noon luncheon. of Indiana Central College” at the!

DRIVER HELD school's Founders Day program at | Senatorial

| this divine right of

J ty 3 p. m. Sunday enner invaded this Lake coun

maria auditorium.

tana Central: Pfesident 1 | with an appeal to release the na-

. 2 S | individual citizen always is wrong. Matching Cotton Rugs

{ The Republican party will abolish

GARY, Ind. Oct. 11. —Republican replace it with a restoration of the Candidate William E. common-rights of man.’

in Kephart Me-| pn, ocratic stronghold last nignt Campaign Is Termed ‘Crusade for Justice’

bureaucracy and

ceedings disturb two of the most powerful influences in Switzerland —-the bankers and the industrialists. Swiss bankers appear to fear the consequences of the violation of their famous secrecy act, which has been one of the sources of Swiss prosperity. - This act provided that

all over Europe. Long Delay Foreseen This group now worries les’ rais- st, ing the restyictions of thekact in this case will be used as a precedent by the French ‘goverment. for hit tracking down hidden+#rench for- A tunes. : The industrialis fear that - thorough investigation will show up ave their German confections and make ron political capital /for the Swiss so-| cialists, who Mave already had a heyday over this very point. To com] all these antagonisms| is going to/take a long time at the of progress. of goading the Swiss to German assets and then sure that property sold bought by German agents, or at /inadequate prices, falls to the three allied legations in Switzer nd. And they have a mere hand- /. of personnel. « x At least 500 “German-owned or controlled concern will be sold or liquidated and the allies cannot take direct action but must merely iq;

less

pensation commission carrving n

mitted. These” funds conceivably | are hidden in private vaults; : * TWO: “The provision that. the Gegmans or their

of assets (about $1250) do not have|_ °. ° ‘to declare them. Naz administra-|

AFTER MISHAPS

Firemen Escape’ Injury in ture.

wo motorists were arrested last

riving and another fo 0 5 r for failure t ‘Barbara. Hotz, Columbus.

Swiss bankers must keep the 7 identity of depositors, who so re- s requested, a secret.. Thus, it al Rave tracted :funds of tax evaders (rd nick

firemen sittyng Fred B. Mount, was arrested on a driving while careened off Pennsylvania st. a tree near 16th st

46, of 1310': E of control at 16th st.

from which three firemen leaped to| high safety a moment before the ie an open house program at

in front of their engine h gine house the Garfield park community cen- |

: te Collins was charged with i] |to have adequate brakes and reck-|gjpe club. Helen Norris will appear

Nine-year-old Gerald King, of Robert King, received night when he was struck by a car

2301

Two men were injured ’in a’ freak accident last night when the body of a truck on

“co-operate” with the Swiss com- block, Martind

—Mrs. Emma Higar, 51; last night when a car driven by her dr. | husband, Leo C. Higar, collided on {After receiving treatment from a administrators a curve with a semi-trailer truck private

holding less than 5000 francs-worth | OPerated by Worthington,

Ly nd Esch will prseide at the program, which will open with | singing of “America the Beautiful.” | | Bishop Fred L. Dennis will lead prayers and reading of the scrip-

“1 Will Give Thanks” will be sung by a student quintet composed of | Roberta Good, Gréenfield; Ann Hite, one on a charee of dronken] | Plymouth; Wallace Decker, Hunt- : ington; Edwin Pellett, Decatur, and! Bishop will give, the benedic-

Car Crash.

adequate brakes after - his H narrowly missed three city on a bench. 50, of 919 FE. 20th | charge of after his car and

. H. Fout tion. | More than 1000 persons were .expected to attend the Founders Day program. An informal supper jn the school cafeteria will be held after the 2 ploges am.

drunk

GLEE CLUB TO SING AT GARFIELD PARK

Manual Training | glee club will

0. C, Collins, 16th st, was out and Roosevelt | last night, crashed through an fence and smashed a bench

truck driven by

Selections by school girls’

Struck by Car

r at 3 p. m. Sunday. Freda M. Hart is director of the driving. {with the group as soloist The program, announced by Lola Pfeiffer, director of the.center, will include selections by

son Noble st., injuries last

734 N. hip

also

severe Howard

Ashley, marimba; Rosina Menonna driven by Roscoe M, W an : ] } Broadw L f ite, ‘ Of | vocalist, and Delbert Dale, trumpet r aT 0 t, | hiid's hom ay in front of the! with Edvthe Atkins'as accompanist. > . : ‘ KK. Mark Cowen, city recreation

director, will speak

WINDOW IS BROKEN IN SOAP SALE JAM

which they were ng fell off the chassis in the 200 alé ave,

. They were Bruce Popp the investigation and liquidation. {830 N. Os ig PDI, i, of Excitement over a soap sale toSeveral Loopholes { Shirley, of 622 N. California st day at Kroger's 20th and NorthThere are ‘several loopholes They were ‘riding on the back end Western ave market resulted in a through which smart Germans With a load of food when it slid Proken show window and injury to could crawl: off the truck and crashed onto the ® customer

ONE: A leak before the investiga. Pavement. Mrs. Privial Vrankiin, 32. of J tions began gave a chance lor on. | : - i { Highland pl, suffered a lacerated siderable withdrawals from Swiss) KILLED IN CRASH [shin when a crowd of women pabanks—which the Swiss have ad- | COAL CITY, Ind. Oct, 11 (U,P.).| trons surged against the show-win-

was killed dow, K. B. Myers, 2039 E. Riverside

the store manager, told police

physieian, Mrs. Franklin was taken home with her purchase of Soap, Mr. Myers said.

Waitis Ind

Rogers Jr,

the

tion's industrial potential from gov-

Oct. 11.—

ernment red tape. | NEW CASTLE, Ind, “President Truman is telling the The current political campaign was country to produce,” Mr. Jenner described today by Mrs. Mabel

said, “to produce all the things we Fraser of Delphi as a “crusade by seem to be fresh out of. And now the Republican forces of Justice.” {the man who is asking the country | Mrs. Fraser, state vice chairto produce is himself the top sym-| woman, told a party luncheon | bol of production's greatest handi- | group here the election offers the cap—interference. I ‘opportunity to return to old and “Government interference with able principles of government as production is of so many types they | opposed to the New Deal road to fill the alphabet—restrictions, alties, arbitrary pricing, directives, priorities, permits, vards and yards of red tape.”

pen- ruin.’

FT. HARRISON BAND A Republican congress. he prom WILL GIVE CONCERT

ised. will “get the government out The military band of the U. 8. of business and more business into disciplinary barracks at Ft, -Harrison will give a concert from 4 to 5 Sunday in front of the sta-

government.’ Further, he said. if the nation re- P- Mm

turns a Republican congress, it will | tion hospital. investigate and reveal the “sordid! Through Brig. Gen. Clifford Blue-

facts”. of the nation’s war economy,| Mel, commander of the post, and to “identify ‘the New Deal calves | COL Benjamin Albert, barracks

who fattended while the beaches of | commandant, an invitation has | the concert will not be held. will End Bureaucracy |rades and ceremonies at the fort running for the state supreme court The director is M. Sgt.

Okinawa ran red with blood.” |been extended to the public to atThe 30-piece band, composed enFRANKFORT, Ind, Oct. 11.—At-'and gives outdoor concerts three last night promised a G. O. P, drive tini and his assistant is

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tors could have arranged to split | up larger holdings in parcels of less| E than 5000 francs and assign them! ig to individuals, THREE: Many could fail to file declarations at all. The penalty it discovered is only 10,000 francs “and/or a year in jail.” To a man hiding 100,000 francs this would he worth taking a risk. FOUR: Some German firms here have attempted the old trick of un_dervaluing their assets—setting the value of patents, for example, at $1, Their phoney reports showed a minus figure so” that in case of liquidation on that basis there would. not be enough assets to cover liabil- | ities. FIVE: Some German firms. long ago tried to put on a Swiss false7 tront like the I. G. Farben chemical | ‘Farben

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