Indianapolis Times, Indianapolis, Marion County, 6 December 1951 — Page 36

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PAGE 36

~ Today «Business Comes The

Hard Cash Man Has His Troubles

By Harold Hartley

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I TALKED WITH the biggest hard cash man in town.

And he's got troubles. Uncle Sam's behind in his mintin’, ; a He is Louis Wuench (say itdike “wrench” with the “r” | out). He's run the currency andi" . | silver department of the Indiana and creating in the people the de-| National Bank for 23 years. sire for the products. | New dimes - and nickels are “As for your. valuable time scarce. And pennies and halves that was wasted, what about the are next to impossible. And you time of the life insurance sales-| can see where that puts quarters.. man? Remember, he came to you| |in response to your inquiry, not out itito give you a memo book.”

| | |

" = A WHEN HALVES run puts a double strain on quarters. People hand out two quarters. in place of a four-bit piece. He keeps tab on the supply of

He brought the book, but the: card I sent in said nothing about a salesman coming to see me. » LJ 8

BUT HERE Mr. French scores

DE ay RE er heavily. “Is it not possible that He's got plenty of old nickels the life insurance salesman’s time and quite a few old dimes, but could have been more valuable new ones are tough to lay than yours: But TL tak at Akron, Ohio, for a few winks, hand on. Doak ow Oe a) kibitzers. How sweet dreams can be. I wondered what people Will ently ‘he gave his time cheerfully |

put into Christmas kettles. But

No,- 1 just wanted the ‘memo OLD FOLDING MONEY is a pook with my name. ‘ little scarce. Some people insist tna

Aids Silent" on it. Afraid the new ones Willl gym y HAND the palm of vic- Ai S en

stick together, and they'll pass i... {5 Mr, French. Because if|

out two instead of one, then pass it were not for those missionaries (®) G ! out themselves. of security and thrift who have n enera : New. money gets given as made us build a nest egg, a lot| e 4 presents for Christmas in a of us would have gone over the| ise u 00 It's the dam a long time ago, - oct sisi 5 —macD one sure-fire gift. Nobody turns And here's another little truth|

and freely and in good faith be-| J ® there’s plenty of new folding ..... he felt you wanted some money, if you want to loosen up. co .nation.” |

By United Press

up his ‘nose at money. about insurance. When I buy it,! WASHINGTON, Dec. 6—The “a. = a I judge it by the man who sells it. government * authorized manu-| HE SELLS nickels and dimes, "x » facturers and processors yester-

halves, quarters and pennies to

milk, liquor,

ing coal, clothing, meat, canned foods, cigarets, drugs and cosmetics, The - Office of Price Stabilization {issued an order

Said he, in a patient voice, “Do the name of the company.

vou want about 40,000 nickels?” And I know of no higher tribute He got a quick answer. I can make to the life insurance

: . ,, Salesman. “Then send nie over $2,000. He got a quick answer to that, To the Hounds too, | L THN oug : 4 If T had $2,000, why would gL i HUH og: fo like this, want the 40,000 nickels’ | He likes horses, and he ought . {to love Chevrolets. He has parWalker to American llayed them, with personal push, EVAN B. WALKER will join into a comfortable fortune, Jim Rogan’s fast-stepping official] Not long ago I was down in the family at the American National|foothills of the Blue Ridge of Vir-| Bank. He'll be a vice president|ginia. I was invited to a Stirrup channeled to pub- Cup. For me, that was new.

turers, processors, firms under the Capehart amendmient to the controls law, effective immediately. The amendment permits ceilings to reflect nearly all cost increases between the start of the Korean War and last July 26. OPS. officials were cautious about predicting any general price

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IF HE'S ALL RIGHT, and I day to seek higher price ceilings other banks, does a brisk trade. know it, I seldom bofHef to ask on thousands of products includ-

bringing | nearly all the nation’s manufac-| mines and oil}

THE INDIANAPOLIS TIMES

B——

AH, SHUT.EYE—Patrolman James Smith (front) and Patrolman Horace Phillips knock off, over

For three hours they slept, oblivious to radio blares, flash bulbs and

Yawn And 2 Men Of Brawn Hie Off To Beddy-Bye

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on . THURSDAY, DEC. 6, 1951

WATCH IT—"Just for a 920. workers at a nearby factory chained the police cruiser to a near.

n Thousands Of Products

| |

1%

|

lic relations. a It was a cocktail party in overMr. Walker is: i: (coats, outdoors. A big black ketresigning as bo tle boiled over a wood fire in the president of the yard of a pictureque farmhouse.

increase as a result of yesterday's order. The agency said, however, that in specific cases where ap-| plications for higher ceilings are! {approved the effect will be to;

" OFF TO TOKYO—These Yorkshire

Marolt Shos IN THE BOILING water sat a) °° Prices , a post he 4 4 , water sat a| ; : : Store ia since stone jar, about 10 gallons, filled, Formula Previously Applied leaving his Post ] i (with hot buttered rum, and The price agency previously aple: public Tela- white-coated boy, ladling for all Plied 0 iran formula i»

! Minn., to a Japanese kennel club which

| by two Wirehaired Terriers. :

gups are being shipped by Mrs. Paul Durgin, Lauderdale, opes to establish the breed there. The three, complete - with blood tests, rabies shots and clean bills of health from the authorities, will be joined at Denver |

‘He Ain't So Hot With His Fists, but . ..'—

Children Spoof Court;

By United Press | and sister because they were skipDETROIT, Mich, Dec. 6—Re-|ping school and they were afraid corder’'s Judge George T. Murphy they would get punished,” Bar-

i 5 bara said. philosophically admitted today he “You know, it was ‘just to get

was spoofed by five youngsters pa qqy out of jail,” said Merrill who offered to bail their father | Jr, “He ain't so hot with his | out of jail wtih $5 they said they|fists, but aside from that he's a

A i {great guy.” | nad saved to buy their mother a Judge . Murphy said, “Well, 1 { Christmas present. |

'he’s a great guy with his family,

“He would have gotten out'it's okay with me.” \ soon anyway,” said Judge Mur- mm m a a a phy.

‘Draws 50-Year Term The story began last Sunday 3

when Merrill Bolstar, a 40-year- For Slaying Hunter old factory worker and a neigh-| bor were arrested for brawling.i ENOXVILLE, Iowa, Dec, 8 Judge Murphy sentenced Bolstar (UP)—Robert Weldon, 15, was to 10 days in jail because he sentenced to 50 years in prison Souldut pay the $5 fine. {yesterday for slaying a hunter Tuesday, five youngsters with and rifling his pockets to bu patched clothes and smudged n I 8 NO had ne ay faces trudged into the court and]? Pracelet for a girl he y plunked down $5 to ‘get daddy dated. . out of jail.” Judge F. E. Prall* sentenced ‘ Jusge Murphy and court at. Weldon after the youth entered | tendants bowed to their appea : iilty in th ~~ {and Bolstar was ordered released surprise ples ‘of guilty-in .

8 ‘Great Guy’ Dad Freed

by railroad track (see arrow). Photographers talked them out of the gag. The officers were sus It Ac bended after the press prinfed their pictures. : inet So

he was . . some fa, = tions director of rs Boi the stuff roam, Such products as furniture, hard- Eugene O’Neill’s ‘Will My Life Be Wasted'— - from the Detroit Hous eof Cor-|S!a¥ing of George Lister, 67, Des 5 TAI Indianapolis Three hundrd people sipped, and Ware, rubber goods and ma- 9 rection. Judge Merpliy told the Moines iy Hit. 3 Railways, Inc. stuffed themselves with about chinery. Condition Serious . |children to keep their money. | Mr. Lister was struck in the PS Fok He has served mr walker [1000 sandwiches. And before I, Special orders will be issued ; 0 ier-to- 23 S S | . But yesterday, the youngsters’ back by a 22-caliber rifle bullet 7% fence. on the board of knew it the hounds were turned later to extend the formula to the, BOSTON, Dec. 6 (UP)— Eugene {deception was discovered. They while he was on a hunting trip ' { corks. Butler University for many years, oo. mu. aero swung into sad- automobile: industry and service gneiil A ton'a. B st DIz » : |weren't all brothers and sisters. near Knoxville Oct. 31. x4 and in the '30's was public rela- qoc€ = 1€ © a, the haze. or firms such as banks, dry cleaners, Ye r A merica’s foremost play- Pre a t R Wh | Barbara Bolstar, 11, hung her! Weldon was arrested in a high ’ tions director there. He also is on 4). po Ridge = [laundries and repair shops. wright, is hospitalized here in| Si en : eason Y head and confessed. !school classroom here three days 3 Butler's Finance Commitee. ; | is . . ia | Whatever the effect of the new “serious” condition, apparently, . ‘ Well, we lied to get daddy out|later and confessed he shot Mr. : ACI Both the bank an e shoe a : lorder, Price Chief Michael V. Di- wi ota By United Press ' i ; {of jail,” she said. “Mama. told|Lister to get his money. store will be told of the change oad SEVER foriowe the galle warned yesterday that prices with . Toor i "4 | CAMBRIDGE, Mass, Dec. 6— 1 eles a a re us to borrow $5 from the grocer, A A . “ today. Official word comes out 10 hevrolet thro he t + AN algnnarently are starting anotheriinson’s disease {Paul K! McDonald of Newton, 19- While we serve. Yet I cannot and told us to tell him we would] - morrow. | is, Inte thin woods it [Upward swing. from whi year-old Harvard student, told pay him Saturday.” i | : lopen fields, into thin woods. It| ; from which he | : jsnot| S€¢ any alternative. Then, sh ol uy viamonas : : b I J was. as nimble as the horses He flatly rejected congressional jong has suf- {President Truman today he isn’t “This & hat I humbl en, she said, she and her two! . Rebel Jrs. themselves. The cnly pl suggestions that he remove con-fered it wa's lafraid of dying. But he doesn’t 8 is wha umbly |prothers, Merrill Jr., 15, and Har-| HIGHEST CASH PRICES yI WAS COMING DOWN the balked was at hind pace It /trols on products now selling be-/|earned yester- want to die in vain. ask, Mr. Truman; that you 01d, 13, met Jack Fritz, 15 and i ping hurdles, jou ceilings. Paul had a friend, Dwight] ©XPlain why we do as we | hig sister, Frances, 13. STANLEY Jewelry Co.

town's backbone, Old Meridian, not enough knee action. when I saw them. | I was the “gateman.” I must |, a It. gave me a jolt, left me a have opened (and closed) A Wing Smmlise on contouch sick. Three or four boys gates, then back into my own. = e sai i controls are rewere pushing along the sidewalks, saddle in the front seat of the nrroes of those ner NE Items, wearing Confederate army caps. |Chevrolet, (prices of those items soon ‘may a x '% : 9» {shoot skyward too fast to reim-

IT'S THAT Confederate flag | KNOW YOU will want toPOSe them in time, ) craze, whipping its tail up through know whether I caught a fox. I! In addition, he said removal of the naked cornfields of Indiana.didn’t. But I don't feel badly. {price controls would bring a de-

to shock a peaceful people and, I| Neither did the hunters, nor the 204 for elimination of wage|

d In a memo to the Senate-House|

| Hewitt, who was killed in action {in Korea 15 months ago. Now| [that Paul himself expects to be| {drafted in 1952, he wonders {whether Dwight’s death was |meaningless.* | So Paul wrote this letter .to|

ay. The 63-year-old- Nobel prize winner and holder of three Pulitzer prizes for drama has

Mr. O'Neill

been confined six days at Faulkner Hospital. President Truman: His wife, - the former actress

Carlotta Monterey, is in constant] Will my devotion, and perhaps

I do not

{American casualties seem to have “If I am called to service, been deprived of vindication “by {their .own leaders who forbade {them to fight fo the fullest of

do; so that I, and others like me, can face the future with conviction and serve our country with the confidence that our sacrifice will not be in vain.”

Paul said Dwight and other

“We decided to take them along and to say they were-our brother!

118 W. Wash. Lincoln Hotel Bids.

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think, splash gaudy disrespeet on hounds. But It was a swell ride |CCntr0l8 and another push to the

the soil of the state once walked And it taught me how nimble a

by Honest Abe. Chevvie can be on its tired feet. Sure, I know it's an adolescent

inflation spiral, Other Actions Taken

Other developments:

gag. And it's all in fun. But it Fatter Jackpot ONE—Th ic tdidn’t seem fun to me. I've been P e Agriculture Depart-|

to Gettysburg. And I've stood in| IF A WORKER for RCA hag Ment warned that feed grain re-| front of the Lincoln Memorial in/a0 idea, he may have his fingers Sores for livestock have dipped Washington, and read the words, °" & $7500 jackpot. e 2 og low veacn may mean a ang felt something swell up inside| RCA has unlimbered its mul. *\ Jack 2 livestock production me. tiplier. A new employee sugges- n 19: : e department said this : 5m tion plan increased top awards “WOuld mean a “bite” out of pres-| THE CIVIL WAR wasn't a 150 per cent, and the amount paiq|®t )iVing standards and ‘great joke. And it isn't now. That’s|for accepted ideas 1400 per cent, ®dditional inflationary pressure.” why I felt a little twist when I| In big companies this is im. , TW O—Federal Reserve Board saw those squat gray caps bobbing portant. -All of the thinking can- Governor Oliver S. Powell said the! along over gay morning faces. not be done by the brass an q S°vernment’s .veluntary curbs on| It seemed that one thing we braid. It has to come from the M°0€Y-lending by banks are play-| should not do is open up the man or woman at the machine or| "8 2 Pig role in fighting inflation. wounds of the past, and march on the production line. He said they figure prominently]

in Mardi Gras the bones of a * 8» (in next year's anti-inflation plantragedy, now dusting in 364,431 AND IF 1 KNOW | ning. 04 : people, Tobi : graves, nothing talks Nlke money. A nd! THREE—The National Produc

tion Authority said the rubber

oat. that should mea AND I CAN ALMOST hear : h a torrent of gportage is over and virtually all|

ar ) inst |1deas, right now when Old St. . . Belt RR & Stk Yds com ..... 34 : . someone saying: “They're ‘just| °°" . ° 8° Sh icontrols on production of tires Bobbs-Merrili com ~~. ........ 13% kids. It doesn’t mean anything.” NIK 8 PUINg up his lL ceritive 204 Other rubber goods will be Central Sava” tL (Ill ii a EX-Navy Officer But they were “just kids” who| r Sweeler incentive ,jished by the end of this year, {anther ot Commerce com .. 3 Times State Service - wore the originals, both gray and|Ponuses and other ways to spread termi o—— Fou foo ed 9% | GREENCASTLE, Dec. 6—Car-|Self.”

blue, and it did mean something|the money to personnel. The)

aes |reason is the higher taxes go, the Hog Prices Here

Am I taking it too seriously? less it takes out of the earnings. Maybe. And maybe not. Windy City Wings Steady to Sfrong

| Get Told | FRANK BODWELL, the new| Trading was fairly active at| LIFE INSURANCE had its say|Kiwanis president, and American |the Indianapolis Stockyards early today, in a five-page letter. {Airlines’. man-.about - town, tells|today.

~1 like a man who signs his/me the to-and-from Chicago 0 i SH usrows ahd silts steady | Hook Drug Go, com' Mr. Fallo n & . 8 ’ 8 C p 5 8 ’ | so Te pi bi} name. And this one was Robert |traflic is getting heavy. choice 170 to 240 pounds, $18.25 to $18.50: | Ind Asso Tel 20s pfd came to this! M. French, associate general] That's why American put on a several 100 choice No. 1» and 2 180 to 225 “Ind Water com country at the I _Inew Convair flight leaving at 9:10 pounds, $18.60 to $1875; 240 to 270 pounds, | ats ‘oe agent of the New England Mu? Nava Just 55 saving later 317.50 fo $18.25; uniform near 240 pounds Reiiy co B beginning of tual, He said: {a. m, . 8 to $18.50: 270 to 300 pounds, $17.25 to COM s.r vs vrs 33 35% World War II to “Basically you' have overlooked|the landing wheels touch the run-|s17.75. 120 to 160 pounds, $15.50 to $1% PL ..iiiuies 8 lecture on West-| ae Fah \ways in Chicago. |uniform near 160 pounds, ‘$17.25 to $17.50; Ralways Som...: 3% 19% isphere | a very important point—salesmen| sows ctrong; choice 300 to 400 pounds, Bier “100 ern hemisphere |

are mainly responsible for the| $15.25 to $16; 400 to” 600 pounds, - $13.75

progress of the United States to Local Truck Grain Prices to si5.. where it is today.

gH “HOW AND WHY? By bring-|

| Cattle 800, Calves 300; fairly active on {slaughter classes; steers and heifers fully |steady; commercial and good yearlings and {light steers $28 to $32.50; good to choice {heifers held above $34; cutter to low jcommercial yearlings and heifers . $23 to 1827.50; cows strong: bulls steady: utility ~~ |and commercial bulls $27.50 to $29.50; good quotable to $30; vealers active, fully steady; choice and prime iio to $42; commercial and good $32 to $39, { ‘Sheep 1000; fat lambs &trong to | cents higher; small lot choice to mostly | prime natives $31.50; bulk good to prime SB 331 eq Jearitigs steady: 2 fords choice and prime 0 pounds NumVr | ge one and fall shorn pelts $26; slaugh£1 ewes scarce, quotable steady at $9 to

Truck wheat, $2.47. New No. 2 white corn, $1.79, New No. 2 yellow corn, $1.73, Oats, 99c. Soybeans, $2.83.

ie———

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eet™ U.S. Statement

|—valued at $296

life, be wasted too?

attendance at Mr. O'Neill's bed- " a nds |side. They were reconciled last Pelieve that patriotism is the May after a three-month marital, Unique prerogative of promi-

nent men; 1 believe that even |

dispute which resulted in their those who quietly die for their

closing their large seaside home|

in Marblehead to move to Bos-| country must be considered ton, { patriots, ? “Are these patriots dying

: for a nation that does not 14 Batteries Stolen appreciate? I am ‘anxious to Fourteen farm tractor batteries| Séfvé my country in any way were stolen! ‘that will accomplish anything; from a warehouse at 1102 Patter-| Put I am not anxious to die son St, owner H. E. Higgens| {OF the sake of dying. : told police today. | “It appears to me that just : | as a man can betray his nation by failing to serve her in time of need, so can a nation betray a man by depriving his death of its purpose. I would hate

Local Stocks and Bonds |

STOCKS American Loan 5% American States American States pfd " Ayrshire “Collieries com

17% ad peares sno pd Cn DePauw to Hear

sgn Dec. 6 { Asked!

pid ......: Consolidated Fin 5 ofd Cont Car-Na-Var .... *Cummins - Eng com Cummins Eng pfd ..... Delta Elec com ... , Eastern Ind Tele 5 pfd Equitable Securities. com . Equitable Securities pid .. Family FiaRnce com : Family Finance 5% pfd Hays Corp pfd ww . Hamilton Mfg Co com Herff-Jones = oD pf

sits [los Fallon, former Navy Chief of 2 staff in his native Colombia, will speak at DePauw University tomorrow on “A Policy for the Hemisphere.”

16%

Ir. Fallon ie MP solidartly.

8 CORO os seennrss ! 4% He became a U. 8. citizen, en-, : .- 86 listed as a_private in the Air Force! 14_ {in 1943 and won his captain’s bars 21%lin the intelligence division. 17% | em Fnsmtr——————————

# |Justice Catches Up 3% With Ex-Track Star

28%) DETROIT, Dec. 6 (UP)—A six....|foot, four-inch former high school sa7,/track star faced today 10 years in prison for robbing a bank by 17% reaching over a feller’s cage, 13i4/8rabbing $945 and outrunning * 3% pursuers.

- > >

an Camp com . Van Camp prd

Code

oe | OASEGEON: Petite (TPC SoreeR: . 8 and rece or | fiscal year through Dec. 4 compared with

y | & Year ago: - wy is Year Last Fear _ Expenses ,...$26,192,772,189 $15,563.294, . Receints rh, 18.7 8 as 14.,386,822,679 1 Syd Deficit .. ... T7,435,884,805 1,176,471,828 . Cash balance. 3,002, 2s 945,049,116 Sait) | Public debt. ..250,639,125, '287,134,630,772 2 | Gold reserve... 22,381,585,136 23,036,682,228

PANY CLOUDY ane CLOUDY Agia

————

| INDIANAPOLIS CLEARING HOUSE .

....| Nathaniel Lee, 22, was convicted yesterday and will be sentenced .:iby Federal Judge Thomas P. ‘Thornton following receipt of a probation report. Lee was ar-

Itheir capacity.”

“Are the fears, of our allies being given more protection |

President, have led him to “wonder if a great injustice is being done to American youths like my-

than the lives of our citizens?” he asked. “Or are we afraid of the Communists? If so, why? 3 “Is giving them more time to prepare actually going to increase our chance of winning?

“Why have we been humiliating ourselves so long by seeking a truce

with people who have repeatedly stated that a treaty is .only binding as long as it serves their purposes? “Why were the Communists allowed to slaughter thousands of innocent prisoners with impunity?” These questions, he told. the

Railroadmen’s FPR NIE RTE FA

21 VIRGINIA AVE

“This,” he told Mr. Truman, “is the questiom which I most respectfully beg you to resolve for me.”

Moral Re-Armament Solves Strikes

A Labor and Management team of four representatives from Eastern Airlines and Pan-American World Airways will tell the story of how they solved strikes and-brought teamwork to the industry by the MRA formula, “NOT WHO'S RIGHT, -

BUT WHAT'S RIGHT". a

Mayor Flaugh of Benton Harbor, Mich., will report on how MRA reduced crime in his city.

8:15 P. M.—Friday, December 7

. Tenth Anniversary of Pearl Harbor

[Castle Film

SY) wait | Clearings ....... co. coniioinins FOTOCAST® 3 Debit]. 00 10 a 0! sane [CFT Ionce} | DON'T PASS UP PROFIT! we, ERE] wow Make quick cash through Times

Classified Want Ads, Sell un-

71 1] abbott & Costello. Mighty Mouse. ete. Indianapolis Camera Co.

203 B. Washington

Coss UI

. |needables, rent rooms, etc. Phone PL aza 5551. ol

.

..irested two days after the robbery. EE ————

3»

WORLD WAR MEMORIAL

: 4 ‘Public Cordially Invited—No Admission * i : ~ Sponsored. by a committee of Indianapolis citizens including Mayor Christian J. Emhardt and Mayor - elect Alex M. Clark. ds

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THERESE OAN ARES

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