Indianapolis Times, Indianapolis, Marion County, 25 January 1949 — Page 9
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Convention . . . Opening the festivities are {left to right) Sherell Johnson, Linton; Walter Kruach, Ft. Wayne; Phil Legge, Uniondale, and iter Beck, Shelbyville.
Ahead of His Time
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Pair of Good Eggs
SUDDENLY, Mr. Huntington beamed and informed me that Thomas E. Dewey was made a member of the National Good Egg Club just before he embarked on his campaign tour. My remark was to the effect that it certainly didn't pay off for Mr. Dewey. “Ah,” Mr. Huntington cried, “but I also made President Truman a Good Egg about that time.” The subject turned to chickens. His organization is beginning to push a thing called “Chicken Every Sunday.” That's whether you like chicken or not. I'm not going to frighten you with the figures should you not eat a chicken ever Sunday. I like convertions because after they're over you can go back to normal living again.
By Robert C. Ruark
NEW YORK, Jan. 25--The death of old Charlie Ponzi, one of the greatest short-time goldbrick artists of the century, blew me back into the clipfiles the other.day, just to check on the Boston Italian's crime. It was a crime that sent him to jail for three years, and exiled him later to South America, where he died. Old Charlie was a green goods peddler of the Jeff Peters stamp, but with certain extra inspiration. He collected 40,000 chumps, broke five banks, and kicked 15 million gold-backed dollars around Boston sidestreets. His gimmick was a 50 per cent return on invested money within 60 days. Nobody ever reached a unanimous agreement on whether Charlie was a full-time crook or just a genius in a hurry, even though he went to jail. A great many of his suckers got .their money
back. His investment technique was sound, and:
is still in heavy vogue today. The technique was a simple exploitation of depressed currencies. Using the stout:
\ government regulation stamped exchange so firmly he could make up to 300 per cent profit.
I's Good Business Today
THAT IS being done by 1049's money speculators daily, as they play ducks and drakes with the dollar abroad—buying their francs and pounds and pesos as in the free-currency zones, and swapping them back at vast profits in the controlled areas. It is done by smuggler, courier, bank draft, friendship, and export-import, where the commodity is bought cheap and sold high. It is good business. ; That's what Ponzi was doing, back in 1919, and he only made one big mistake. He suckered his first funds on a pure swindle basis, and paid off the early gulls with the income from the latent
The Big Toplics)
WASHINGTON, Jan. 25—The portly acrobats on the congressional gym are fiéxing what they claim are muscles, the bottled sparkling water that serves as pink lemonade has been delivered to the cloakrooms, and the big show in the center ring is about to begin. It ought to be a little ring-tailed sockdolager, too, when the lawgivers actually start arguing about such in subjects as free wigs for ne should have purple stripes built in, and how to hold a phone conversation without Atty, Gen. Tom Clark
The boys have been in session nearly a month, without doing much you can notice except give President Truman a raise in take-home pay, plus a $50,000 expense account which he doesn’t even have to itemize for the tax collector. But behind the scenes they have been working hard, getting ready for the main performance.
Taxing Session
ALL THE committees have been reorganized, with Democrats in charge, and now are ready to discuss taxes on female handbags, how to lure the fashion czars into making fur coats of red foxes, and a couple of thousand other things. That's not me writing carelessly, either. Approximately 2100 bills have been dropped in the slot in the last three weeks and are awaiting action. The boys have some urgent business, too, such as worrying with President Truman's recordbreaking budget. But I've sharpened up two vest pockets full of pencils for stuff like those free
These will come up for discussion by the gentlemen (only one of whom wears a wig for sure) in their battles over the administration's health insurance program. Most of the nation’s doctors
The Quiz Master
chumps. The theory is that you can pay off the contributions of the early subscribers with the donations of the late-in-line—and that somewhere, out of interim profit, you can catch up sufficient slack to balance your books. But Charlie never caught up the slack.
i E 5 § i i E3E
From the scene of an accident, Police,
| Time Fails to Erase
Memory of Disasters
By VICTOR PETERSON PUTNAMVILLE POST, Indi. ana State Police, Jan. 25 — This is not a pleasant story. Y ou-—the public — somehow have come to think that poMce are hardened to. the gruesome and bloody sight of sudden death. They often are asked: “I don't see how you can look
.|at those poor mangled people, but
then I guess you get used to it?” They don’t get used to it. They have a job to do. Not long ago six carefree youths were riding happily along U. 8B, 41 north of Rockville when they came to Swing Inn curve. They didn’t make it. The car plummeted over the embankment, Two troopers from the Putnam-
ville Post rushed to the scene.
. ia At the foot of the embankment If Mr. Ponzi's enthusiasm hadn't dashed off they found five dead bodies. The with him, he'd probably have been operating out! py “oT how 1f of Wall St. until today. But a minor error he y somehow ved,
committed was a trespass on banking rights. Charlie's proposition looked so fool-proof, with the big bills overflowing the tills, and stuffed carelessly in wastebaskets, that the maddened invest-| ors staged runs on banks. Some of the cribs, also overenthusiastic in their investments, couldn't get the dough up. They flopped. It: set up a righteous enmity toward the upstart Ponzi.
Methods of Sound Finance
VIEWED OVER a distance of 28 years, Ponzi's fancy pitch seems little more extra legally optimistic than the jawbone operation of a least one recent member of the automotive industry, except that Ponzi guaranteed a bigger, swifter profit. It violated no more principles of sound finance, and actually offered a more logical return of the speculative dove with the dollar in its bill Ponzi’s sin was oversimplification of aim, bad book-keeping, and wilful poaching on preserves where the gamekeepers wear white piping on their
vests. He was going to exploit a fundamental dis-|accident spot map at the Putnamhonesty frankly, instead of clouding it up with|ville Post are terse. whereases und other financial triple-talk. A short/ground is grief.
pause, to pay off the first suckers out of his own
profits, very probably would have pushed him auto—one killed.”
out of the swindler league into the pastures of the big brigands. Still, when they stowed him away, there was mixed opinion about his guilt. The line between con-man and wizard has always been overlapped by a single hair.
By Frederick C. Othman
are bitterly opposed; so are numerous congressmen. In Great Britain a somewhat similar program is providing thousands.of wigs, ear trumpets, and pieces of gold bridge work to the populace. Whether we want to bill the same items to the taxpayers is the question. The oleomargarine fracas, which took up so
is to be fought all over again. The leadership thought at first it could pass a bill eliminating the tax on margarine in a hurry this session, but the opposition from the dairy country has come up with some new gimmicks. One is a proposal to
= » » IT WAS the job of these troopers to pick up the. dead in blankets and carry them to the roadside. It took time. 3 No matter where the took hold of a mangled To flesh parted and a bone broke
Finally the task was done. The troopers crawled to the roadside for the last time. One got in his Car to sccompany the bodies to
morgue, % The other—the reaction set in
sick. Time doesn't erase these repeated disasters from the mind. Police don’t get a chance to forget. Reports attached to the
The back“Pedestrian walked in front of
“Auto pulled on tracks in front of train—two killed.” “Auto drove into rear of parked truck-——three killed.” “Child fell out of door of truck and rear wheels ran over the child—one killed.” ” » » JUST SUCH reports last vear accounted for 67 deaths in the 11 counties of the Putnamville post. Often only three or four troopers are available to “cover” Hendricks, Putnam, Morgan, Monroe, Owen, Greene, Sullivan, Vvermil-| lion, Vigo, Parke and Clay Coun-| ties.
~lay down on the berm and was,
its Sight Stil Shocks Them
Sgt. Fred Neal, Putnamville Post, Indiana State
radios for assistance.
Si
While Ist Sgt. Richard A. Raub fakes an accid quarters, Radioman David Sublet prepares.
ON “TUESDAY, JANUARY 25, 1940: © TT Hey r-on the Highways . . . No. 8
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tan
State Rd. 63
—
Often the site of bad crashes is this intersection of U.S. 41 and which leads into nearby Clinton, :
2
& trooper,
Are state troopers hardened to sudden “murder on the highways?” No-—and they never will be. It is their job to cover and investigate accidents. They wish they could prevent them. In this article, the job facing the men of the Putnamville Post Is explored.
. Richard A. Raub believes his/can finish the work required in ' Bet needs to be doubled to pro-|f0Ur hours. He has to be back Take note how they spread over the state as the :
vide adequate patrol. These troopers know what] causes accidents, They know certain roads are more hazardous, | They also. know the principal] cause which combines with road | and mechanical! conditions. “The driver. It's the nut behind | the steering wheel,” sald Sgt. | Fred Neal. “They're good people, | but they always think they will get through.” | » . |
. LIKE SO MANY posts through-|
{out Indiana, Putnamville is not'row and truck traffic is heavy. d— “ounce of prevention” just patrolled from midnight to 8 a. m.|South of Terre Haute the high- Marion County line to Mooresn't here. Post Co f n » ! ged with h - much space in these precincts last year, apparently snt here. Tost Commander 1st Thai doesn’t mean the troopers ‘way Is rid t bumps
Mostly About People . . .
[rest, however, for traffic con« tinues to roll over such vital arterias as U. 8. 40, U. 8B. 41, U. 8. 36 and state roads 67, 37, 43 and | 34. Each trooper can bank on being called out of bed at least three nights of the six-day week. Once called, he is lucky if he
Skulls . . . skulls of death mark "murder on the >
on the job at his regular time area is added. the next day.
ANYON has attended While the most severe and YONE WHO
a Purdue-Indiana football game greatest number of accidents oc: on the Bloomington campus cur on U. 8. 40, the ratio is 10W| knows the dangers involved on|there are for the volume of traffic it bears./ Rd, 37. The hills and curves are|well-marked “When we have them on 40(so constant south of Martinsville Mooresville is they are whamdoodlds,” Sgt. Neal{that there are only three said. “There is only one resson--|places to pass In 14 miles. Yet also well marked.
speed—speed—more speed.” people insist on breaking the law| Again the dealer of “murder on The most dangerous highway and their necks. : the highways” is speed. is U. 8.41, North of Terre Haute. State Rd. 67 also numbers the 3 Rah ue: I” : It winds like a serpent up and|dead regularly. But the test . Some o down hills. The bridges are nar- headache for the post Brno ie Just oat Roem to accomplish mile stretch on ‘67 from the enough.
ville,
———
rar —
ollision Kills
Rollyn T. Mayer, 25 N. Kealing,
outlaw yellow-colored oleo altogether. Rep. Reid Murray .of Wisconsin is adamant. Last year he charged that lack of butter in the Orient probably was responsible for slant eyes in that part of the world; this year he’s got new ideas to be revealed at the psychological moment. ] !
Buzz Does It
MANY A Congressman is suspicious of buzzing noises even now on his telephone. What he thinks of the Attorney General's idea to make.it legal to tap telephones in his search for spies is something that's Mkely to melt the wires, Excise taxes on such. hixuries (Cengress' word,
Mesdames) as feminine purses, unguents
for bables, . lipsticks, electric-light bulbs, raflroad°0DCeTn. having been with the
Ave,
recently
‘assumed control | and direction of Automotive Merchandisers, Inc. exclusive whole- | sale distribution| outlet in this
|
area for Bowes! “Beal Fast”| products. Mr. Mayer| ‘previously had) resigned as sales| manager of the of the Bowes)
Mr. Mayer
tickets and bowling balls are up for some won- Orianization for 10 years. .A na-
drous debate. And I wouldn't be surprized if a few embattled ladies empty their handbags on the mahogany tables to prove they are not, either, |
I'm a lucky fellow, obviously, to be a news-/Jr. Is here on emergency leave on “Problems of
tive of Indianapolis, he is mar-| ried and has two daughters.
. 5» |
2d Lt. Theodore R. MacConnell!
paper reporter In Washington. Where else could I With his wife, visiting his mother,
get paid for having so much fun? the chaplains prayer?
??7? Test Your Skill ???
Does Niagara Falls ever stop falling? The flow over Niagara Falls has never stopped entirely, so far as Is known. The flow of water over the American falls has been
Who wrote the words and music to the Marine Corps hymn? The exact origin of the words and music of the Marine Corps hymn is unknown but research indicates that it was written about 1847 by an unknown marine. The music was pkebably taken from an old Spanish folk tune, melody of which also occurs in a French opera, “Genevieve de Brabant.” s 85
Does the President of the United States ever wear uniform?
‘ow
_|ject, Mr. Osler is editor-in-chief
Or walk into Mrs. Florence C, MacConnell, whotion” at a meet. the main tent free every day at noon, just after|!® critically ill of pneumonia atiing of the Indi-
her home, 1338%% N. Parker Ave. It. MacConnell received word)
of his mother's illness the night fice Management
before he was to have embarked for Okinawa. He was stationed at Camp Stoneman in California. | Mrs. MacConnell has two other sons, both in service and both overseas, who are unable to visit her. They are Pfc. Lucullus C.| MacConnell, who fis with the) Army in Europe, and Thomas W./ MacConnell, hospital 2d class, of the Marine Corps, who is on a Mediterranean cruise, » M »
R. W. Osler, Indianapolis sditor of life Insurance publications for Rough Notes Co., will
Dee NO Cn Shui be. son Association of Life UnderAnderson tomorrow.
n/Mmittee on Labor
of : The Insurance monthly magazine. » » vy
Henry M. Giaham, general sec-| retary of the Family Service Association of Indianapolis, will] speak at the 51st annual dinner) meeting of the Muncie. Family Service Bureau at Muncie Mon-| day night. His subject will be
(“New Challenges to the Family tomorrow in Central Avenue Syn|agogue, according to Miss Bess
Agencies.” Among Mr, Graham's elvie con! nections are the Indiana Council of Family Agencies, of which he| is president, and the Child Wel-| fare Screening Committee, ‘which he serves as chairman, | w ~ ® | Fred M. Karcher, director of] operations, Rice-Stix Co, of St.| Louis, will speak
Office Unioniza-
anapolis Chapter of National Of-
Association to- = morrow evening «J in the Washing- | ton Hotel, A former consultant for the U.. 8. Office of Production Management, the Wa | Production Board and State Com-| Supply and Training, Mr, Karcher has had) wide experience in industrial re-| lations.. He is an instructor on the staff at Was n Univer. sity. College, St. Louis. » »
. ; Field Capt. William A.
Mr. Karcher
Police, was one of 25 policemen selected from the nation to attend a trafic police administration
sity Traffic Institute.
ily
AA SOA hl a SA LL IAAI ON WA IA . A i
Salesman, Automotive Safety Foundation
Navy during World War II.
son, Paoli, of the Indiana State st.
course at Northwestern Univer-\man Wolf, Mrs, Edmond DuPont, day Capt. Thompson won a $650 Duin,
In This Case? -
POLICE DIDN'T know who to believe—the man stretched out y Bo on the floor or the man who said ohn Donald Gootee, 31, of 2125 that he feared he would be held Olive St, was killed early today ; when his car, hoonicn they answered a call * going the wrong! way on a dual Dearborn Hotel, Dearborn and
highway, collid- " ed head-on with
fellowship in national competition. He. will begin his fivemonth course on Feb. 3. » . Mrs. Israel Efros, of New York City, will be guest speaker at a meeting of the Indianapolis chapter, Business and Professional Group of Hadassah at 8:15 p. m.
Local Resident Car Goes Wrong Way On Dual Highway
Draizar, president. » - » Pte. William F. Williams, 24, of Coal City, was the thirty thousandth man to enlist in the Indiana Recruiting District for the U. 8. Army and Air Corps, the Army announced today. | ER A former serviceman, Pfc. Wil-| = llams spent three years in the
: mile south of, Franklin, in police reported. %' "Riding with his pocket when he (Mr. Ruel) *. Mr. Gootee was " Mrs. Katherine a. : A. Matterson, 32,| “I WAS afraid he had a gun sister-in-law of and was going to hold me brother, James D | ’ {sald Mr. Ruel, adding that of | Gootee, 1832 Lockwood Ave, In| invited his caller to have a drink, and then slugged him with a bot
Mr. ” ” . Mrs. George C. Marshall, wire Mr. Gootee's
Gootee
of the former U, 8. Becretary State, was scheduled to attend a/Whose home she lives. . reception today in the office of
War II Veteran tle at an opportune moment, San Juan's Puerto Rico woman mayo sa Mrs, Matterson was treated for| Harry Balley, 25, of 931 N, mayor. Mn. By Rincon Del ninor cuts and bruises. Driver|Kealing Ave, the man on the
tier. floor, was treated at General Hos. There was no Indication wheth-| of a Ak Was SHAG at #r Mr. Marshall also would at-| © =" " » tend. He was not believed to have Y'' "0° here re- Arrested on & vagrancy charge left his secluded quarters at the cently from Dayton, O., where he Ca N3. Fnval Buss here since his/, LY worked for a manufacturing/Pedestrians ‘were hurt, Vv an. recuperate from |seriously, an operation. [firm and was making his home
a |with his parents, Mr. and Mrs. Andy Jaco ; |James B. Gootee, Den Was Altar Society Plans He and Mrs. Matterson were Ware
returning from a trip to Louisville,
Old-Fashioned Dance
of 1308 N Ky, when the crash occurred, An old-fashioned square and bers The driver round dance will be held at 8:30| an Lay (he family said, St. Vincen
The body of the dead man will p. m. Friday in St. Anthony's MN W - be brought to the Lauck Funeral
Altar man is Mrs, F. 8. Craney, and members of - the Mrs, Carl
to the same hour Mrs. Paul Jarboe and Mrs, Ernest Ing, police counted 15 : » ts in the city in : 1 i’ A