Indianapolis Times, Indianapolis, Marion County, 12 December 1947 — Page 36

; Fa

" FRIDAY,

* Christmas Store Hours: 0105125, Monday Through Saturday Pauley Admits hs Ye ? ps i bi Tt i i$ ars

A AE Hey Pits {> © ap 1 wmmnws.os NR ThE FOR GIALS WHO WANT TO LOOK: I i 43 On Grain Deals re 3 { 1 | Britain

GAY AS THE HOLIDAY SEASON! Sold Holdi Ah ; : ; : | Sold Holdings Aber | ws am WB AM for

Taking Army Position : : WASHINGTON, Dec. 12 (UP)— " : La ASE SY LONDON, D [Edwin Ww. Pauley, testified today that] ; . ; X J ; . able-bodied m he made “substantial profit” on : ' . E : Great Britain grain and other futures which he Lo Ra civil defense u {liquidated after he became special . . nounced” by the {assistant to Army Secretary Ken- . . The Home O [neth C. Royall. : > : \ every municipa asked that ever

A. PR 'S ALL.WO T W Mr, Pauley's transactions in grain, ; . E-TEEN'S ALL. OL SUEDE COA : Win seed oll, lard and other com- ’ : Io do in : | fare—including

» tk stvlied fo wa CHARMERS, swing-back «ty og or vo, {modities are under investigation by PIA, fashion, qay in BRIC SHT RED with kelly- Phe ih the Senate Appropriations Commit- CXS. : ; vi ' A well-traine

tee. There was nothing illegal about || | will be availabl

ted-linad hood. Sizes 10 : notice in an : 25 n | But Committee Chairman Styles y |

to 14. - dns ff ih 1 : |Bridges (R. N. H) charged that ! i but every city i w 1 h nit . s cl to the Ad- its part-time { 3 7 1 prominent persons close By h Vaineg.

ministration had been “sticking . “Every able

c Vi / knives in the hearts of hungry peo- ¢ B. TEEN GIRLS! ALL-WOOL IC OVER] ; ; {ples” while posing as “great lu- Xoman un COAT, styled for compliments with ’ . | manitarians.’

ay i ; | Office Office memoran aoupin « breasted Tons detachable ¥ : , # ! Names Withheld 5 BUDGET . v TR | : a 2 4 | 8 9 oo 0 of

wrap belt, Hunter ‘BER y= 0) Sen. Bridges sald it would “be Burgundy: 27.0

PAGE 36 — a a - isi — THE INDIANAPOLIS TIMES _ ha iiany z=. = a _ FRIDAY, DEC. 12, 1047

lined detachabla hood or KELI them,

{ [shocking to this nation” if the 5 were revealed. |

{market speculators but | Administration had refused to di- | vulge them.

Mr. Pauley said that when he {took his present temporary post last ol 2 Sept. 3 he promised Mr. Royall to { — liquidate his holdings in xe grain \ oi

Sen. Homer Ferguson (R. Mich. ; sald an effort had’ been made to va get the names of large commodity |. Bl 7 . that the p /

{and other. futures market He has since got rid of 200,000 busiiels of corn and 300,000 bushels, of oats. And he has liquidated 90

per cent of other holdings includ-/ / A y a ng 300,000 pounds of cotton seed / : 2X ? 95 oil, 500,000 pounds of lard, and a 4 : : : { : : . : | Al AND

quantity of hides. The 44- year-old West Coast oll | millichaire, who used to be Demo-| ieratic national treasurer, had said] lin a preliminary statement to the| |committee that he was ‘more than! $100,000 worse off” for having sold his grain futures. =

| Pack his gift with value—with a fine | Substantial ‘Overall’ Profit | CON kl. iF x capeskin or goatskin jacket, Cossack

But he said under direct question-| a oF : ing that he had made a substantial] ] i or coat style. included are substands

“overall” profit on his commodity dealings. - : He said he “went into the market to make a profit” and had done|

“fairly well." . “§ ili ad 1 ! ular stock, originally 19.75 to 27.50.

ards from a nationally-known- manu-

facturer; also a group from our reg-

President Truman, Secretary of ys Agriculture Clinton P. Anderson land other administration officials {have blamed rising grain prices in large part on speculation, i | Mr. Pauley said he supposed Mr. \ Anderson knew of his transactions \ because, as Agriculture Secretary, ¥ he knows who all the large dealers TT i are. But he said he had “no reason STORE ! to suppose that the President knew in any way about my business transWhere the brani ACHIONS.

. " . After going to work for Mr. Royall, Christmas. Wise Economize Mr. Pauley told the committee, he

told his civilian office staff to dispose of his holdings in “an=-orderly manner . , . in at least six months.”

| Willing to Submit Books

u He said he would “be glad” to a submit his books to the. senators. &

Mr, Pauley disclosed that when he took the temporary Army post,

- "a v [there was some talk of his getting b a ide J LH eventually a permanent job in the a A , | department. os £ But he d he advised Mr. Royall - EXCEPTIONAL VALUE! STUDENTS’ [ne doubted this was: revisable te-

cause of his previous experience be- | fore a Senate committee

REGULAR 25.00 and 27.50 FINE i Ie | ment a Parnas. tas

’ : ; | March on his nomination ta be ; - ER] é ! { Undersecretary of Navy. Then Sec4 SE Re aS § | retary of Tnterior Harold L. lckes — # K x ¥ : opposed the nomination. He said 2 wl Ea 3 \ , | Mr. Pauley tried to get government

wv favors for California oil firms in return for Democratic campaign . . . . aontributions Like a gift to the giver—is this remark-

- J—— MN , President Truman finally with- icel | i 3 ) / pA Rh ¢lrew that nomination but only be- ably low price! In our quality selection * ,) { | - cause Mr. Pauley asked him to. are coverts, worsteds, gabardines,

tweeds and checks—originally 8.95 to 11.95! All sizes, but not in every fabric. Tailored with pleats and zippers—

Handsome Year-Around Suits priced for Christmas savings!

At Very Special Christmas Savings!

Fine quality all.woo! suits. tor

and fab Styled right

Conv ncing value at

answer to his Christmas or Sizes 31 to 38.

(10) Student 27.50 fleece overcoats, he glabty ‘ : Ix , \ 4 Beanty Specials! sizes 34 fo 38 eee 16,95 VY SN yi FRI. & SAT. ONLY - ' *

No Appobatment Necessary

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