Indianapolis Times, Indianapolis, Marion County, 8 February 1950 — Page 16

Today in Bore Gk es 3 Tax Ax Seeking * Insurance Necks

Threat of Retroactive Levy Angers, Worries Companies By HAROLD H. HARTLEY, Y, Times 1 Business Editor

the ears off the House Ways and Means Committee.

“ “naming that select little group of income nippers. ~~ They call it the House Ways and Meanness Committee.

traveling swiftly toward in- [blanks and co surance company necks. {the big pre-s What's happened is this:

tests galore. . Its

a refroactive tax, reaching back! to 1947, on insurance company ‘Change in Chairs profits.

» » » AND ANYBODY who has ever halanced ‘a checkbook or added ‘up a grocery bill can see that this cannot happen In well-reg-ulated business households.

The bug in the butter is tha the insurance companies have déred #itting pieces made the

closed their books, paid ‘their di. {exact length to let her dress touch vidends, written off their depre-| floor.

rv “paid—thetr— ¥ = bene«Rian: Policy J has a new metal model in chrome

In fact, they would have to ®atin finish with hollow angled redo the arithmetic © whole years of business, which would be quite an unheaval in| their strawstacks of figures.

thought of it before.

Jong as 1 can remember,

(started by an English ‘queen

for comfort,

back the dividends which have *'* been paid to : policyholders? 1940, 000 Voters

"TAKE {hose big industrial wage groups. The unions will be mad epough to bite nails if Uncle Bam! makes the insurance companies! collect back taxes from them by billing them or wiping out thelr dividends for the next few years. Then most of the insurance companies figure they are pretty Free Heat close to being-eo-operatives.” And they point to the tax-free farm of the “heat pump.” fs about to co-ops who also are in the insur-y. 0 peat Oo th earth and let

ance business mopping up the bones. {it loose Inside your hot water

The insurance companies are’ blowing their lids over the back tax proposal of the Ways and Means Committee. And their ‘policyholders and will too. .

corporations. is stressing number of its stockholders.

000. Which, I suspect, is a way {of telling the boys In Washington | that the ownership side has more votes than the payroll,

nk, He is building an addition to his appliance center at 2740 Madison Ave, where he will make the “heat pump” t late | stockholders Pring. P* tanks late the ; The principle is simple enough. B18 thai view that you ean't! me buries coils In your back yard, ra e price on a loaf of bread then operates a refrigerator in a Wan ate three years ago. That/reverse, taking heat below the malian sense. frost line and stepping it up Power-Plus to water. heating temperatures THE NEW TRUCK you see 'NTOUSh pressure. coming down the TOOL is phe Heat from the earth is tree, ordinary motor wagon these N° S&YS; and why not use it.

© days. The truck is a business Next 100 Years

Job, It has to pay off. Reo is introducing a new line ONE OF THE most encourag-

with the Gold Comet engine as a ng things a5 ut Am ier Bing companion to the 331 cubic-inch Wanting things, and working Job brought out last July. hard to get them, has helped us Rey beast on ay produce more for less: and other. gasoline truck engine of » Wmped Da rubber Juountain - comparable displacement.” ijge mi # B. Moulton, presioe engive, sayy Robes dent of the Brookings Foundato move a 34,500-pound tractor- tion, picked up a phrase from the

~~ tralter- 55 miles an hour. If I know trucks, Wars plenty

IAs shough “Under “An Abundant Life” he Spring and Sports predicted that American pros SHIRLEY MAY FRANCE, the!ity would multiply eight times in "teen age school girl who didn't{the next hundred years, for swim the English Channel last/doubled population, summer, but will try again this| You can pass that around to year, will be a star attraction at|your sad-faced friends who tell the Indiana Sports and. Boat you the country's getting pink Show at the State Fair Grounds around its political gills. opening a week from Saturday, Nickime —... Shirley. May. didn’t. quite make. EE the channel, but Plerre, the baby| THAT NAME nay uk De sea lion from California did it|culiar to you, but it is qulte alur in 5 hours and 4 minutes. The|!& to the soft drink makers. They're up against it. Sugar

sta on Ww 1 be on display at the costs are getting them down. They

oral} ., (need more income, There'll be prizes and entry," they went to six or seven — LEGAL NOTICES ~~ |cents, that would do it. But the 2lfih, 3, Cheviolel 3 » 200%, gine No. public does not like to fuss with Be for 3 Se Be ody * two or more coins in making a purchase when one has been the mn | Custom, Pepsi-Cola raised its 12-ounce

inauguration speech and tied a plece for American Magazine,

ps : hope ofa pekup:————— Autos ® Diamonds ® Jewelry Dr. Pepper's volume is shrink‘Watches Clothing ® Radios, ete: Hig, and Hires Root Beer reports {jinsteanes Sompstition is. Burung

(Early Trading

. INSURANCE COMPANIES are mad enough to chew

Indeed some of the insurance bosses are privately re-|

But that doesn't change the story. The tax ax is still

coming out party for men who love the out(doors, the swirling streams and) The committee wants to put over [the cathedral quiet of the woods. !

¢/many decades ago when she or-|

It's about time. A straight-back! | (kitchen variety) never had to bel How . can the government get As uncomfortable as some of them

“FHEAT& TT, ke other big

The count this week was 940,

ROBERT WEBBER, inventor

ilate President Roosevelt's first)

Hog Prices Up Pe

25 to 50c on

Between Season Lull Results in Only 6000 Receipts

the gain was lost later in less active trade.

Dwindled by a between-season lull in hog production, receipts

Good and choice 170 to 230-

$18.25 in early trade, but mostly|

A chair has been a chair as $18 and less later. Weights from.

I am 3 told ‘the traditional height was '0 $17.75. Prices from $16 to $17

230 to 270 pounds moved at $17|

were paid for 270 to 335-pounders.

Lightweights from 100 to 160 pounds brought $13.50 to SIS50. Choice 160-pounders reached §

Sow prices rose slightly in ac-

_Royal Metal M1g. Co.,.Chicago, tive trade. Bulk of -weights from:

1330 to 600 pounds sold steady to strong at $12.50 to $14.50. Choice

on tee tor and just the right tilt-back jightweights reached $15. Heavy- | weights dropped to $12.

Cattle Prices Up

bulls sold at barely steady quo-| tations. Steers and heifers

25 to 50 cents higher,

sold at $22 to $25. A load of me-| dium 1222-pound steers reached $25. Common mixed yearlings

gold at $19 to $21.50. Small lots | of good and choice steers and; mixed steers and heifers remained! unsold, sellers asking $27.50 to!

$30. A few good heifers moved at) 526. Scarce good beef. cows sold at $18 to $20. Common and medium brought $15.50 to $17.50. Canners and cutters sold at $13.50 to $15.50, mostly $14 and higher. Medium and good heavy sausage bulls sold at $18.50 to $20.50. Best were salable at $21. Good heavy beef bulls moved at $17.50 to $18, Weights 1400 pounds and less brought $18.50 to $19.50. Cutter and common sausage bulls sold at $16-to $18. Vealers sold steady. Good and choice sold at $31 to $34. Common and ‘medium brought $20 to $30, mostly $23 and higher.

Lambs Steady

Prices remained steady on all classes of lambs represented at market. Good and choice slaughter lambs sold at $25 to $26. A short load of 99-pound fed westerns moved at $25.75. 8mall lots of common to good westerns sold at $20 to $24.50. Odd culls dropped to $16 to $18. Late estimates of receipts were: ‘Hogs, 7500; cattle; 950; calves, 325, and sheep, 675.

+ Father, Son Get

: Terms for Holdup

Admit Small Wave ~ Of Armed Robberies

A father and son who admitted a small wave of armed robberies Jast month were sentenced in Criminal Court Division 1 today after pleading guilty to one robbery charge. They did not stand trial for three other holdups admitted to police, 7

A bottle. to six cents and, sales wilted. Then Pepsi introduseéd the T eight-ounce fountain bottle in|

Rufus A. Harris, 45, of 440 W. Merrill 8t., was sentenced to 10

in Michigan City. His son, Joseph, 18, was sentenced to one to 10 |years in the State Reformatory.

Admit $305 Holdup

Both pleaded guilty to robbery of the Drive-In Market, 24588

8 State “Ave: fast “Jan. "130° They):

obtained $305. Both men told

Light receipts todiy boosted!” hog prices 25 to 50-cents a hun<|

dred pounds in early trade in the Indianapolis Stockyards. Part of

|

receipts reached only an estimated |: 16000, :

William H. Balt of Muncie will head the Indiana Cancer Society's 1950 fund campaign.

IT 18 A WONDER no one Pound butchers sold at $17.75 to] He has served as president of

the state group since 1946. A oal of $350,000 has been set or the drive.

Suspects Quizzed In Holdup Series

Trio Seized in Chase After Store Robbery

Three men captured by police] Most cattle prices rose, but after a wild chase in near downtown streets last night were ques brought slightly higher prices, | tioned today in an attempt to,

gram Cows sold strong to 50 cents high-/link them with a series of recent County Sheriff Victor Fehribach the op A liberal share brought prices holdups.

*

picketing was

came sources yesterday. {Jasper Mayor Herbert E. Thyen from Dubois.

Act to Curb Violence! In 4-Month Strike Fifty state troopers today pathree Jasper plants to curb threats of violence ~ {in a four-month-old strike there. 4 I< Gov. Schricker ordered the pers into Jasper late yesterday on an appeal from local officials. The appeal followed an incident in- which a night watchman and a foreman at one of the plants were reported severely beaten by pickets. State Police Superintendent Arthur Thurston reported to the Governor this morning that “peaceful.” Mr. Tmituton was in personal charge f, the patrol operation. « n Indianapolis, Labor Commis-| sioner Thomas R. Hutson met with four officials of the striking AFL Upholsterers Union in a new = siiort to bring the long strike to]

Soak Settlement

Hutson’s office has had conciliators working on a strike| settlement for most of the four ias months since the walltout: “A total] of 367 employees in the three plants were involved in the strike and 81 persons are working in maintaining production, the labor office said. Appeal for aid from Gov. from three A letter from

enforcement officers Two prisoners last night ad. | were unable to cope with “mount-| Small lots of medium yearlings mitted taking part yesterday in ing tension.”

{the $180 robbery of the. Wendell City Attorney Arthur. Nordhotr| 22° "V2 7

furniture

"Why. the Hydrogwn Bomb?'—

Boy, 11, Kirra

Youth Understands Basic Problem

-— Worry about.

affair, but an 11-year-old Clevelang Heigl bo boy has been thinking about it too. - ais it Dr. Paul P. Rutsky, a dentist, Mrs. ‘were

‘appeared to be book, but pretty soon he asking questions about le Started bomb. Dr. Rutsky was surprised at his son’s interest and compre-

land Press, explaining his predicament and asking for help, “Some of these questions I could. not honestly answer without being cynical,” he wrote. ‘Letter to Truman He enclosed a letter he said this son had written and given {him to type. The letter was ad: {dressed to President Truman,

money to save lives. Here is the text of the letter: MR. PRESIDENT: I read in our paper about your -decision to make =a hydrogen bomb. I'm now eleven years old. I can't see why billions of dollars are ~-gpent-to-make a bomb that will destroy lives, Why doesn’t our government spend billions of dollars to save lives?

CLEVELAND, O. Feb. 8—UP

king why he had okayed the! [H-bomb instead of using the

~ Eddie Ru ++. a question for

boys and giris are crippled by polio and heart disease. We boys and girls are the future citizens of our country. What will our country come to in the future? We children have ‘the right to grow up healthy and strong. We do not want to live in

we help to save people?” Instead we destroy them. Why?

EDDIE RUTSKY

j {next month, oficials of the.evert

0) ident. “Each year “thousands “of —

“fear of “death: Why don't:

(Carter Grocery Store at 2161 W. came to Indianapolis to discuss ‘| Don’ t Intend fo Splurge’

Ohio_8t.

he automobile used in the gro-

{cery holdup yesterday took up the! ichase when Patrolmen Robert] Munshower and Joseph Chestnut|S/ingshots and other violence. {Spotted it in W. Michigan St.| {| They were blockedy in their pur-|

i i {of the strike. # suit by a train crossing Michigan| The struck plants are the

the Jasper Desk.

St. near Holmes Ave.

A second police cruiser manned, le by Patrolmen Joe Crofts and! John Glenn moved in on the chase] when Officers Munshower and|

Chestnut called for aid. Surrender Meekly

Forced to the curb in the 900

block W. New York 8t., the three men meekly climbed from their car and held up their hands.

Arrested were William Kelly, 20, of 4036 W. Michigan St; his]

step-father, James Beck, 36, and

Beck's nephew, Donald Beck, 23, of the same address. At headquarters, Donald Beck admitted taking part in the holdup of the Carter grocery-yesterday; the Fred Hopper confectionery, 3530 W. Mich< igan St. where they obtained $50 on Feb, 13 and the Harry Schaub grocery, Warman Ave, and Ray St., where they obtained $125 on Jan. 31.

"Although the proprietor of te

Carter grocery told police he lost $180 to holdup men, Kelly sald he got only $43.

to police. Plan Ballistics Test

Detectives said the three men do not answer the description of holdup men sought in the robbery of the Billeisen Pharmacy at 1227 N. IMinois St. Howard Billeisen Jr. 16, was shot during the robbery as he attempted to protect | Ing his grandfather, the Rev. George

& ; p D. Billeisen. The Rev. Mr. Billei-|

sen was struck by. one of the bandits.

"Police sboratory men sald, however, a ballistics test of the bullet taken from young Billeisen and one of the gun captured last night will be made. Donald Beck and Kelly are be-

years in the Indiana State Prison! "8. held on robbery charges.

James Beck has been charged with pre-robbery, pending investigation.

Raney to ‘Address :

Irvington Kiwanis Club

~Fackson- Ar “Raney; chairman

of boys and girls. work committee,

Xi wwii -snen Kiwanis Inter

Raw-packéd tomatoes hold their:

TTR ==

ITE HE ILLINOIS AND OHIO STS.

{packed tomatoes and also keep “natural “tresh’

|color and shape better than hot-

poitee they used Buns fn-other ‘holdups on Jan. 1 10, 11 and a sec‘ond Jan,” 13 robbery. Judge William D. Bain declined to suspend sentence for both defendants on the plea of several persons. Neither man has a pre-

On account of the serious depletion of coal supplies and in compliance with the recent order of the Interstate Commerce Commission it is necessary to curtajl temporary passenger service.

including the James Whitcomb Riley

‘between _

Chicago—Lafayette—Indianapolis— Cincinnati—and Intermediate Points in Both Directions

§ -

Last trip from either terminal : 1

vious police record. Mr, Harris was a tuberculosis victim at the time of his .arrest on the robbery charge. He is a former, patient. at-Sunnyside San- | atorium.

vat; witr-spea

Tuesday ata meeting of the Irv- a

ington Kiwanis Club. . During the past 18 months the

Irvington organization has award-/C.

ed scholarships to pupils of Howe and Warren Central high schools ‘and "has made other awards for athletic and scholastic achievement.

The club has also sent two boys fom n 0 Yrcamp and contributed to the! py

. | Girl Scout Council.

ha > |

PARTLY CLOUDY AND CLOUDY AREAS

NN

NN

Wednesday, February 8

Yor information consult your ticket agent.

Phane MA. 8321

Cm dn — ne a A ve

NEW YORK CENTRAL SYSTEM

cloudy skies and storm From New England fo a ee

: . DENVER

v0 RG US DATOFF COPR 1950EOW. L.

TONIGHT. AND TOMORROW. Fair and rather cold weather. from Texas t¢ the upper.

nd Ohio the lowest atures 20's. Consult ET 4 Sweat: fempen Wil by in the >

»8quad cars on the look-out for|

Kelly and

{the situation with Gov. Schricker. | Reports received by the Gover--{nor included reports of sugar in | gas tanks of cars, shooting ball {bearings at car windows with

{ There also were reports of threats to persons involved on both sides;

James Black has refused to make a statement!

2332

BONDS Allen & Steen 5s 57 _ Seca

ates

ta 2 Securities oom TH emi Jiuases com 100 mily 3% od. 97 rp nel a 21 Res A fo 10 §% pid | 83 Drug Co com co “18 ota 38 & Water Co. com i i “ 2

80" s 4 »

& Alum 88’ int & Color 5s 64 . ublio Loan

«i tree, A chart 32 feet long. Pltts iii] Following that chart yesterday|gsn ois Surrogate William T. Collins ..| closest living relative, a second " qcousin on the paternal side, and 3 awarded him the entire estate,

% Local Produce

| And, stass, | 12c. and No. 3 poultry, 4c less

3 Local Truck Grain Prices

"KANSAS XI 0 K ‘ J V/s. LOUIS Wl i

J, Vite

A WAGNER. ALL RIGHTS Aestaveo.t

‘FoTOCA 57"

LEGEND

o Mian

A sry SNOW

WY SHOWERS Nir ND FURNES i * >

dicate for the rarthass lakes and for the

—— AFFECTED

Cie] AREA

‘Overnight $5

©

Million Heir

Plans a ‘Few Nice Things"

Realizes Everyone's Dream When Awarded Entire Fortune of Aged Recluse Aunt

NEW YORK, Feb. 8 (UP)—Hollis Powers Gale, 58 a paper box 5 0. and the Jasper Office Furni- company executive, realized everyone's dream today. He became ure Co. Local officials reported to the Governor that at one time; {100 pickets were lined up at the | Hooster plant alone,

Stephen C. Noland To Address Club

The Warren Township Republican Club will hear Stephen C.| Noland; former editor of the Indianapolis News, at a meeting to-

' Mr, Noland will describe his recent trip to England to study the there. The meeting will be héld at 8 p. m. in ‘the home of Mr.-and Mrs. Spencer Askren, 7500 E. 21st St.

Local Issues

Feb, be

$5 million richer over night.

“I don’t intend to buy a. new, house, or splurge in any way,”

difference. It just means my wife and I will be able to have a few more of the nicer things.” Mr. Gale estimated -that state and federal taxes will take about $2.5 million of his inherited fortune. Miss Powers died July 20, 1948, in her five-room suite at the Hotel Seymour, where she had shut herself away from human ‘contact for 23 years. Her only visitors were the waiter who brought her meals, a doctor, the ran nd a. banking officlal who handled her affairs. But after her death 173 claimants asked for her estate. The’ public administrator prepared a chart of Miss Powers’ family

ruled that Mr. Gale was her

Kegs—-Curr receipts, 55 ibs. to. cass, 2c: Grade tn) large. Pl Grade A meaim, tte: Grade B large. 24c. and no

oultry —Fowls, 4'3 lbs. and over, 20c: under 44 fhe. and leghorns, 1ldc; cocks

Butéerfat—No. 1. 56c: No. 3. 3c,

No. 3 red truck Fhest, Rl 87.

{

3 EE Jovosant, + 04. fod %

Fr ag saybeans, $2.04,

But Mr. Gale, who was awarded the entire fortune ~f his spinster cousin, 72-year-old Mary B. Powers, said the money wouldn't make much difference to his way of living.

Official \ Weather

he said. “It won't make any real UNITED STATES WEATHER BUREAU

—Feb. 8, 1950 Sunrise 6:46 | Sunset 5:13 Precipitation 24 hrs. end. 7:30 a. m. ..00 Total precipitation since” Jan. 1...... 12.42 Excess since Jan. 1 .. cn 8.18

The Jollowing jable shows the tempera-

ture in other cit

Station High Low AEIATIEE i... ov. oiiinininaineas 70 52 BOOM aanseeseoscirnssniviinnin 28 6 BUBB sous. ccinrarriivireninn 63 42 Chicago .. MEADE, TER) CINCINBALE «.ooxaconiviinniiiinis 46 29 Cleveland vee BQ 18 Yar ... 58 30 ansville 8 3 % oh : ans 80 60 anapolts ey . 44 31 | Er i 8 i palis-St. “pir 34. 3] ew Orleans 8 in New k .e 41 12 Skishoma City 68 47 | aha 3 3

WIMEIBRASMING MUL TIGRARMITE LTT Torna DPE.kT PRINTING MPRINTING: DITTO POLOING Ye wa en LrTieds WE MAKE Sun fei 3 AND SLATES

semis Fey a Es a [2 PHOTO. EL RET ROATAT BI TS €0.« BEMIS LETTER SERVIC

row and Ton Litter Shos

night in the Claypool Hotel, ats tended by 60 swine breeders, pack: ers, Purdue extension workers vocational agriculture teacher and newsmen from throughon at the state. Judging of all “on foot” en of the show will be on Mar. 2} in the swine barn of the State ‘Fairgrounds. * Sponsors Listed The show then will be recessed - for three days, until Mar. 25° when carcass class entries wilt be shown in the Kingan & Cay and the Purdue Agricultural Exe tension Service. The premium list = neues $2800 offered by Kingan & Co. and $2475 to be given by state and national breed associations; Lewis B. Peggs of Kingan's presided at last night's diomer. The show will be by {Harry Caldwell, Connersville, as-. sisted by Joe Judge, Indiahapo-

lis, and Bob Parkison, Francés Soh

u. S. Statement

NASHINGTON, Feb. 8 a Tor the cur: eur

x Ta cal J throu 6, com-~ pared wil oes

tries iid 845,1 ks i

134,344, ash Bal Wd wtih ublle Debt 288. Gold Res. 3.344.884. 700 (En

INDIANAPOLIS CLEARING HOUSE '

PODS

vi pinnae corduroy in 1

Harry Levinson

$7 N. Penn. Cormer Tilinels and Murkes

4214 COLLEGE AVE.

with the purchase of an Ti. * ALEXANDER SMITH “in rug or carpet . ‘

| HOME DECORATING oN

worked out just for you by "|

SHOP AT YOUR usisvii™

RAINIER FURNITURE 0;

Hv. 1376

FREE PARKING IN REAR’

Pe Nl TH

FINE BEER HAS THE P

northwest

TO PLEASE YOU EVERY DAY

TIVE FLAVOR } fd wt OWER or = i =nall Ra: ‘ « AFsE J" y £1 420 SEET a = ot aay gq = n't meal

“Red sad

: by Jake R vanity, the Y

t-fo1 ingly they we Ed Barrows continuing Che. setup wa could fail—ar far from a cl ~ Later Jimn fer ively “push button

ever McCartt placement all press a butto the Yanks s ture, would c a. freshly g Charlie Kelle : * . JT WASN" grally, and 1; Carthy, as diore with a Crosby can v Nevertheless, nity was en Fletcher sai thanks, I'm r

_ body said he

Years later tell me exactl; up a soft tou managers in

grave in two 44 5 » __FLETCHE] either. To =

must be able lems in the ¢

game Is endet “ do. McCarthj)

rier. but not,

* tremist. Even

der the Ma left the club.

—his wife's wis

a year later

-Red Sox.

The very ¢ Fletcher an e er with John his aggressiv ed him as a |

.. possible for

a climate of promise. His right. 1" once full scale rio

ina - pointles

game. At the aging the e “Rowdyism,” time. But it who was not to control h siond. s THE POPU

" Fletcher was ‘by the Yank __by gerving as

study.was glo not extravaga give him a la the Yanks | coach than m

~-QGers-got.. oe

roy hn

Crofts Attue TecChrasseo:s

: Broad"Ripple

Manual

eran

- Deaf School’,

Washington Shortridge .. Howe ....... Cathedral ...

“Southport ...

Speedway ... Beech Grove

~ Ben Davis ..

Lawrence Ce

" Franklin Tow

Pike Townsh Warren Cent! Decatur Cent Key: OAerage differen

Ray Riley, Ba