Indianapolis Times, Indianapolis, Marion County, 31 October 1946 — Page 2

pha gnging Witnesses

Be Set for’ s to Testify

followed Dr. Laurence 8. Knappen, OPA senior economist, who testified earlier that a dozen exhibits purporting to show the need for the rate hike were “distorted and misleading.” Dr. Bauer testified that the com-

No sooner had he made the statement than Railways Attorney Arthur L. Gilliom, supported by Earl Kightlinger, employees’ = attorney, to block the expert from any further, They didn't

Repeated Objections After repeated objections by Mr.

increase in the level of

earned more than four per cent.

“ | peacetime

company's net Investment of $8 577,829 as of 1045 at fiye per cent. He then produced a lst of public utility bond issues which he said were representative. None of them

“Your capital structure,” he told the railways executives, “is utterly unconscionable, You have perverted the capital structure to the point where you can’t protect the return to the common stockholder without requiring the consumers to pay an excessive rate. : Return Small

“The return on the common stock is so small that any slight change in your operations would either obliterate it or send.it way up, I tell you that your capitalization is unsound.” Dr. Bauer then attacked the theory of “current costs” by which the company has valued its property at $14,000,000. “In my opinion,” he said, “the proper kind of rate base consists of the original cost of the property less depreciation. That is a prudent investment rate base. “It furnishes a fair cash value and is intrinsically fair in balancing the consumer and investor rights.” Objects to ‘Lecture’ To which Mr. Gilliom replied: “I move that every word of the answer be stricken from the record.” He was overruled. Later he objected to “inviting an economist to give a lecture which is time consuming, record building, irrelevant.” Mr. Bauer concluded his testimony with the recommendation that the company should adjust its fares at about the 6 -cent level by offering weekly passes, instituting & dollar token system with 15 token for $1, abolishing transfer charges, but retaining the 10-cent | cash fare,

RED CROSS SERVICE TO EX-GI'S INCREASED

The Indianapolis Red chapter, in reconverting from a war to program, is placing special emphasis on meeting obligations to veterans and to promote regular peacetime functions. W. I. Longsworth, chapter chair-

1200 cases handled in one month.

pointed out also that home service assistance to veterans had likewise increased, with more than

PASTOR SEEKS DIVORCE CHICAGO, Oct. 31 (U. P.).—The Rev. Joshua Napoleon Wordlaw, a Baptist minister, sued hig wife, Alperta, for divorce yesterday and sought an injunction restraining her

“THE INDIANAPOLIS TIMES

RAW

wi THURSDAY, ocr: 31, 1046

Battle For Rate Increase Nears End |

In the first published photograph of mother and daughter together, Diedre Flynn, 22-month-old daughter of screen star Errol Flynn and his wife, Nora Eddington Flynn, is pictured as she greeted her mother at Los Angeles. Mrs. Flynn had returned from recent yacht cruise with her husband.

4 BURNED TO DEATH; ‘ARSON,’ POLGE SAY

BALTIMORE, Md., Oct. 31 (U. P.). ~—Flames which followed a mysterious explosion swept through a waterfront rooming house today. Four men were killed and five others injured. Investigators called the fire “A clear case of arson.” Police said there was some Indication the tragedy was an outgrowth of the recent maritime strike. They said occupants of the rooming house were warned a week ago to “quit harboring scabs.” Fire chief Howard Travers said a gallon can believed to have held gasoline was found in the debris of the rooming house. “It's a clear case of arson,” he said. At least six persons, including the owner of the rooming house and his family, were rescued from the burning building, Two others jumped to safety. The dead and injured were beleved to be seamen,

BOX OFFICE SALE TO OPEN FOR CIVIC PLAY

The Civic theater box office will be open tomorrow for public sale of seats for “Outward Bound,” the

RED CHARGES US. WITH ‘IMPERIALISM’

_ LONDON, Oct. 31 “(U. P.).—Moscow radio commentator Peter Or-

lov, discussing the foreign policies

of the Republican and Democratic parties in the United States, sald today “the isolation of yesterday

has today changed into rank reactionary imperialism.” “The policy’ of the big stick has been revived,” the broadcast. said, “and the idea is world domination,” Mr. Orlov said Republicans were playing an 4ncreasingly important role in determining the policies of “the Democrats’ state department.” “Establishment of a world ring of strategic military bases, continued maintenance of considerable

bodies of troops in what has never

been enemy territory, endeavors to revive a strong Germany, these are the principles of bi-partisan foreign policy that are Being applied steadily in spite of the vigorous: protests of the progressive section of the American public,” he declared. “Millions of ordinary Americans are protesting against the irresponsible outcry raised in their country about a new war, They are demanding that an end be made to atomic

diplomacy and a strong hard policy with regard to the U. 8. 8. R.,” the broadcast said. -

SHARP DROP NOTED

J By Science Service WASHINGTON, Oct. 31.—A sharp decline in infantile paralysis, expected weeks ago, finally has started, 4,

Total cases reported to the U., 8S.

Sutton Vane play opening Nov. 8. Private sale of tickets to members will end today, Jack Hatfield,

from biting his nose.

director, has announced. »

-_—

Luggage by Ockkosk

The coses . . . edged with cowhide, covered with

brown woven duck. The taxi wardrobe trunk . . . lightweight, very sturdy, with matching cover.

29-inch Oshkosh Pullman Case, 45.30*

26-inch Oshkosh Pullman Case, 36.60*

21-inch Oshkosh Weekend Case, 27.95* Taxi Wardrobe Trunk by Oshkosh, 61.30*

ee ts 0 won AGRI RRO000

Knit geanie:

Sizes 1103

IN PARALYSIS CASES

| putfic health service here for the week ending Oct. 26 were T16. This

ous week's total and is the biggest weekly decrease so far reported. . Total casds for the year now stand at 22,313. This is more than twice the five-year median which included three big polio years, Cases probably will” average mor than 200 each week until the end di the year, which will put the total ° for 1948 over 24,000.

Knit hots 2. E kirt, 3.00 of 3.00 . wel

iia w '

is a decrease of 261 from the previ

THURS

Dr.

Weye Tr

Dr, Cle hmed pres ciation. Ot elected at ¢

ing «of the delegates in t Dr. A. P. \ apolis, will bec other term, to the Ameri tion were Drs. anapolis, and”, Bend. Alternate de Ruddell, India Collett, Crawic

French Lic)

French Lick 1947 conventio ciation’s threeDr, Floyd T ette, ‘Who was the post of pr sume the pre: succeeding Dr Fortville, Dr. Nafe, a Ind, is a 1920 diana universit was Indianapo perintendent f to enter privat tains an office dg. President o dical societ; since 1936 has | state associati mittee. For s been an associ gery at the I. The father « Nafe and his { Meridian st. Name S Following y program, office; pf the associat They are: > Anesthesia—] iff, Lafayette pouth Bend, ar r, Indianapol i General Prac Black, Warren; ie, and Eugen apolis, Medicine—Dr gan, Indiana; Glock, Ft. Wa; Bryan, Evansvi Surgery—Drs Ft. Wayne; wil