davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
WALL Street
BONUSES over
40 MILLIONS
Figure Is so Per Cent Short
of Record Distribution
a Year Ago.
BANKS HOLD UP WELL
Brokers Prefer to Avoid
Unemployment Rather
Than Pay Big Sums.
BY RICHARD L. GRIDLEY
United Press Financ al Writer

NEW YORK, Tee. %. - Wall
Street employe Chi lstmas bonuses
this year will fall short by so per
cent of the record distributions made
during the height of the bull market
which came to an end a little more
than a year ago.
A canvass of leading brokerage
houses and banks indicates that
partners and heads of these inStitu-
lions are determined to maintain
their present staff of workers, rather
than to make bonus distributions in
the face of uncertain prospects for
the coming year.
Nevertheless, some of the larger
brokerage houses and most of the
leading banks are making Christmas
distributions to their workers. rang
ing from Q to as high as Is per cent
of their annual salaries.
Excess Profit to Charity
Aggregate payments, based on
preliminary estimates, probably will
halve the record distributions of
1928 and 1929. This would bring
the total to between $4O,000,000 and
$50 ,00c 900.
Bankers and brokers point out
that much of the excess profits re-
allied this year-a lean year in
these businesSes-went toward allie
Walton of unemployed workers in
this city.
Already more than $1,500,000 has
been pledged for unemployment re-
lief, two-thirds of which probably
will come out of the pockets of
brokers and bankers and the re-
mainder from employees.
Action of the New York Stock
Exchange in its annual bonus is
characteristic of the run of extra
payments among brokerage houses.
The Stock Exchange this week voted
a 215 per cent payment to it's $500
employees, amounting to $4,000.
Exchanges Vote Bonuses
Last year the payment was 10
per cent, although at that time
there were fewer employees than at
present.
The largest payment voted SO far
this year was by the New York cof-
fee and sugar exchange, which
authorized payment ranging from
10 to Is per cent for its employees.
Gertler, Devlet & Co., security
dealers, are paying from 8 to 20 per
cent.
Bonuses also were voted by the
silk exchange and metal exchange.
Payments by banks are holding
up much better than brokerage
houses.
Most of the larger bankers in the
city are declaring their usual
bonuses this year, which generally
run about per cent of annual sal
aries. A number of 10 per cent pay
ments have been announced, how
ever.
Among the larger brokerage and
banking, houses, E. F. Hutton & Co.
is reported to have distributed one
weeks salary. Redmond & Co. 5 per
cent of annual salaries, and the
Bancamerica- Blair Corporation 5
per cent upward, according to length
of service, the same as a year ago.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
ARMS Farley
IS PERILED BY
HOOVER STAND
Delay on World Court Is
Viewed as Blow at
1882 Conference.
HOPE PINNED ON U. S.
Foreign Observers Fear
ConcIave Doom Unless
America Joins.
BY WILLIAM PHILIP SIMMS
Scripps- Howard Foreign Editor

WASHINGTON. Dec. 22.-The
largest and most crucial arms con-
ference in world history, now
planned for early in 1882, was given
a serious setback, it is feared here.
when President Hoover indicated he
had no intention Of calling the SEN
ate in special session to consider the
world court.
Friends of the court, like Senator
Walsh of Montana, are inclined to
believe that to postpone entry until
next December, a year hence. means
there will be no vote until after the
elections, that its to say, until De-
cember, 1882, two full years from
now.
That will be we'll after the pro-
posed date for the highly impor-
tant universal arms limitation par
lev, which world statesmen fervently
ere hoping will meet not later than
spring, 1882.
Politics Will Be Bar
Presidential election year politics
will be to the fore, declared the
senator from Montana, when the
new congress convenes next year,
and there will be little desire on
the part of certain members of the
upper house 70 thresh out the world
court issue.
Meantime, dispatches from abroad
report that foreigners have been,
and still are, intently watching
what the United States will do. To
them, entry would be regarded as a
sign that America at last is about
to cooperate with the rest of the
world to bring back normal times
and dispel the gathering clouds of
war.
Failure to enter, it is said, would
have most depressing effect upon
public opinion and the coming
conference would be doomed from
the start.
Gibson Sounds Warning
Ambassador Hugh Gibson, head
of the American delegation to the
Geneva meeting of the preparatory
disarmament commission, has
warned the United States that only
the strongest possible backing of
the people of the interested ma
tions could make the conference a
success.
Viscount Cecil, Great Britains
chief spokesman at Geneva, de-
clared this weekend that 1881
would be the critical year for world
peace and upon the developments in
the next twelve months would de-
pend the fate of the parley. And,
he added, if the parley fails, Gin
ternational peace will be shaken to
its foundations"
These grave words created pro-
found impression upon Capitol Hill,
where among those with knowl-
edge of international affairs their
truth unhappily was conceded.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
JOBLESS GIVEN AID
Work, Clothing Provided for
City'S Needy.

Aid for the needy increased from
three sources today at the city hall.
One hundred and fifty men have
been employed to clean downtown
streets and Sidewalks, works board
members announced. The men will
be retained until all work is COM
pleted in the business district.
Additional funds were pouring into
Golfers of the City Employees Re-
lief Association today, Francis Cole
man. treasurer, announced. The
clothing department of the associa-
ton was closed last week due to the
heavy demand wiping out the entire
stock.
Fifty more men will be employed
to aid in cleaning Pleasant Run, B.
j. T. Jeup. sanitary board president,
announced. Last week 100 were
named for jobs and the additional
group will be hired from 500 who
have applied for work.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

get the sbestest" gift you've ever
received.
The gift will come to you
stamped with smiles, tied with
laughter and wrapped in JOY
when you make some girl or boy
happy by Quitting him or her
in the "Clothe- a-Child" drive.
n
DY the way, John Travelling
Id Man was in to see us Sat
urday. He wanted to join the
"Clothe-a-Child" campaign, but
he didn't have time to fix one up.
Just gotta go home to my own
youngsters. Catching a train in
an hour. Want to do something.
Here's SIS. Dress one up for me,
will you?" were his staccato
WORDS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
Juvenile Club.

Juvenile Club.
Saturday Night Club.
Mrs. BeiIefontaine.
Girls OF Lincoln Exchange Of Indiana
Bel Telephone Company (cared for eight
children and took another.
a Missouri man.
Mr.. and Mrs. Shirley W. Turner. &C.
North Sherman drive.
Employees of the Indian Refining Com
pany three childrcn).
Pritchett Recreation Company gate
receipts Of Central States bowling
tourney and a group of Times en-
ployes 1.-TWO girlsl.
Sigma Alpha Iota musical fraternity
two boys.
Employees of Indiana Condensed Mix
Company two Kirls).
Gamma chapter Of Gamma Delta Al
pha sorority ttook enc girl and asked for
anofber).
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
English and Highland Instl-
tutionS Robbed; Nine
in Last Week.

While official and vigilante posses
Of three southern Indiana counties
were striving to entrap a bandit
gang that robbed the Crawford
County State bank, at English, the
Farmers and Merchants Savings
bank, Highland, in Lake county,
was rAbed of $500.
The two robberies brought the
total bank holdups, or attempted
holdups, in the state to nine in the
past week.
Three or four bandits, in Ford
roadster, were driving desperately
through the hills of Lawrence,
Orange and Crawford counties after
obtaining $4,000 at the English
bank, where they locked three per-
sons in a vault.
Locked in Vault
Two bandits perpetrated the
Highland robbery, locking three
employees and four customers in the
vault, and speeding northward to-
ward Chicago. The prisoners freed
themselves by a release on the in
terror of the vault, and spread the
alarm.
All armed with pistols, the trio
walked into the English bank and
held up L. A. Helmbreclt, cashier
Irwin Sahr, assistant cashier, and
Joel McMahel, customer.
They took all the currency on
counters and in the vault, before
imprisoning Helmbrecht, Sahr and
McN1abel in the vault, from which
they were released by P. S. Austin,
anothe~ customer, who entered the
bank LOBBY less than minute
after the bandits drove away.
Three state policemen, under
charge of Lieutenant John Weir of
Salem, were ordered to search for
the bandit trio.
Approximately $31 800 has been
obtained by bandits in the nine
bank holdupS perpetrated in the
last week. Approximately half of
this amount was recovered.
Some Are Captured
Last Tuesday the Citizens State
bank of Clinton was robbed of
SIS, SGT by five men, three of whom
were killed and two captured, most
of the money being recovered.
Last Thursday the First National
bank of Plainfeld was robbed of
$4,000 by a lone bandit who escaped.
On Friday, the Commercial bank
Of Daleville yielded $500 to two
bandits and the Citizens State
bank of Denver was robbed of 5000
by three men, all escaping.
Saturday an unsuccessful attempt
was made to rob the safe of the
Etna Green bank, and the Bank of
Seward at Burkett was robbed of
$500 by four men who later were
captured. Two of them we're wound
ed, one dying Sunday. On Satur-
day, also, the Bank of Sedalia was
robbed by bandit of about $1,000,
the robber escaping.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

All you've got to do is write,
phone or call on us and well give
you the name of a boy or girl.
You investigate the needs of the
child-his worthiness has been
checked by relief agencies-and
satisfy yourself that you want to
help him.
Then you just up and do it.
Now hurry and answer this
letter, for times short.
Yours to "Clothe a Child"
P. S. Pledges previously re-
ceived in the "Clothe a Child"
campaign totaled 1872.
New donors over the weekend
are:
Name unnecessary.
Employees Of Frank Hatfield COMPANY.
gang Al santa Clauses.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
DEATH PARTY
FIGURE LOSES
Gary Man Convicted in Prior
Liquor Case.
By Times Special

bU I1nleS Sp6cidb
CROWN POINT. Ind, Dec. o.
Clarence N. Johnson, alleged to have
sold liquor consumed at a party in
the course of which Arlene braves.
18, died at Gary, is under conviction
in another dry law case.
A fine of 500 with three months
penal farm term was imposed on
johnson by Judge Martin l.. Smith
of Lake criminal court, unfolding
a sentence imposed in Gary city
court from which the defendant ap-
pealed.
The party liquor case has not yet
been disposed of. 1t is charged
Johnson sold a gallon of liquor to
David Thompson at whose home the
party was held, and who is one of
five men facing first degree murder
charges as a result of the girls
death.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

Wasn't that great of him, Mis-
ter and Mrs. Citizen? He blew
out of the door and just wouldn't
wait for a thank YOU
And that's the way it's been
all through the drive. So many
good folk coming in and want
ing to help make youngsters of
the unemployed happy and warm.
You know it "sorta" makes you
feel like the worlds one big
family.
- =
TAKE the Palace theater, Mis-
i ter Citizen. The s'aff there
clothed five ''young,uls" and
wanted two more. Taay we're
given the names and addresses
and when they went to Che home
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
STATE OPENS
WAR AGAINST
LOAN SHARKS
Job Relief Commission to
Battle Practice of
Selling Wages.
ABUSE GARNISHEE LAW
Pay Taken From Workers
Before They Provide
for Families.

War on So-called loan sharks
and installment credit concerns
which are abusing use Of the gar
nishee was declared today by the
state unemployment commission.
DR.. John w. Hewitt, secretary OF
the commission, announced that he
is sending notices to all justices OF
the peace in the state to curb is
Suance of garniShees and that he
will seek permanent relief in the
next legislature from the loan
shark"
Legal small loan rate in Indiana
now is 3i2 per cent a month, or AZ
per cent a year on loans of $500 or
less.
I'VE have had complaints from
seventeen counties regarding the
anti-social action of easy credit
concerns and small loan outfits.
Hewitt declared.
Pay Is Seized
Whenever a local unemployment 5
council secures a job for a man
who has been out of work, perhaps
for months, these concerns do not
permit him to draw his wages for
a few weeks to aid the family get
ting re-eStabliShed.
They rush to justice of peace
and institute garnishee proceedings
and collect both the bill due and
costs. While these costs are not
supposed to be more than SO, we
have learned of instances where
they have mounted as high as ST
and have been greater than the
original bill.
This, in my opinion, is pretty
poor craftsmanship, and the people
who conduct their business in such
manner are entitled to small con-
sideration.
Justices of peace who persist in
this course can be eXterminated at
the next election.
Warning to Justices
Meanwhile, I am sending them
warning and also will take the mat
ter up with the Indiana State Bar
Association"
Hewitt this morning took an in
itial step by comforting with State
Senator Joe Rand Beckett, secretary
of the Indiana tax survey commits
sion.
Hewitt roundly condemned the
S15 per cent law and Beckett agreed
that it often is abused.
Fred c. Croxton, Columbus, o..
federal representative for this dis
trict in unemployment relief, con-
ferred with Hewitt Friday and
heartily approved the loan shark,
easy credit" drive, the latter de-
clared.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

DEAR MR.. AND MRS. CITI-
- ZEN: It's up to you whether
children go to school during the
new year with torn and worn
clothing.
Early today $50 boys and girls
were assured warm wearing ap-
parel in the "Clothe-a- Child-for-
Christmas" campaign of The
Times.
You shopped early for Cousin
Zoe and now's a chance to give
yourself first-claSs present be-
fore your Christmas shopping
ends.
It won't take much of your
time but it'll take lot of good
hesEedness and in return you'll
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

they found the family quaran-
tined. But that didn't daunt
them, for they talked through the
window with the mother and she
told them the needs of her chill
dren.
The quarantine will be lifted
soon," she said.
We'll take care of them" re-
Ported the theater officials to the
Clothes Child editor, even if it's
after Christmas"
That's just the way everybody's
been. Wanting to help.
n =
Nov don't forget Mister and
IN Mrs. Citizen. there are just
two days left and there are so
many to be clothed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
THREE BANDITS
REST IN Ditch
Burial Made lin Cemetery at
PoorhouSe.

BY ItmeS Sp6cldG
SIDELL, Ill, Dec. 22.-Pine boxes
painted black served as collins sor
three bandits killed after robbing
the Citizens bank at Clinton, Ind,
Tuesday. The dead are Herman
Lamm, Pittsburgh, Pa; E. L. Hun
ter. Terre Haute, and G.. w. Landy,
Cincinnati.
The robbers we're buried in the
cemetery of the county poor farm
near here. There was no religious
service. The collins were placed in
a ditch which serves as potter's
field
1t is expected that more than
$1,000 found on bodies of the three
will be given to the family of Joe
Walker of Dana, a deputy sheriff
slain in a gun battle following the
bank robbery.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
Man and Wife Sentenced

~ IWtS NptCidI
WASAW, Ind, Dec. 22.-Miles
Stillwell and his wife are both I'M
der sentence to penal institutions as
a result of stealing three sacks of
coal from a Big Four railroad car.
Stillwell was sent to the penal farm
for four months and his wife to
the Indiana Woman'S prison for
thirty days by Mayor L. j. Bibler,
presiding in city court.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
FIRE DESTROYS GARAGE

One Man Injured in Pumper Truck
Crash on Way to Blaze.
Fire of unknown origin destroyed
a garage and damaged an auto Of
Charles Tadlock at 1923 North Gale
street, early Sunday. A fire officer
was injured slightly as a pumper
truck and auto collided at Tenth
and Gale streets.
Total damage Of the fire was
about $500. Lieutenant Ralph Al
drich sustained minor injuries in
the collision en- route to the fire,
when the truck struck an auto
driven by Claude Ream.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

recently head of
t h e Tennessee
Valley Creamery
G o m p a n y of
Knoxville, Tenn,
will take charge
of the butter de-
partment of the
P ok Sanitary
Milk Company, on
Jan. l, it was an
nounced today.
T h e Tennessee
company recently
was merged with
the United States
Dairy P ro d u C t S
Cnnnanv of Phil
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
CHILDREN GET CLOTHES,
BUT BOY NEEDS BIKE
Empire Life Officials viii Welcome
Machine for Lad.

"It's fun clothing ten children,
but it's real work hunting a second
hand bicycle for one of them"
This report was received today by
the "Clothe Child" editor of The
Times, from officials of the Empire
Life and Accident Insurance Com
pany.
We've cared for the youngsters
you gave us, but we found a boy in
one of the families who needs a
bike for his work" declared one Of
the officials.
There's your chance, folks to
help. Just call the Empire com
pany, 215 East New York street, and
ask for Glenn Howe.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
CONTRACTOR SUES ON
FLACKVILLE SCHOOL
Contract Figure S1,O49 Less Than
He Bid, Carson Charges.

he Bid, Carson Charges.
Flackville's new public school be-
came the center of litigation Satur-
day with filing of a suit in superior
court four by Everett T. Carson.
contractor and builder, against YES
tai c. Davis, Wayne township trus-
tee, for S1,049 inadvertently omit
ted from the contract price.
Carson talleges that his bid Of
May IL, accepted as the lowest and
best" was SIS, $50, but that the con-
tract when executed set forth his
bid as $24,471.
The alleged error was not discov-
cred until the tructure practically
was completed, Carson declares. He
asks court ruling to correct the
mistake" and to force payment Of
a $1,687 balance.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

HOLLYWOOD, 100000 peo-
did his pleasures
description that being applied
Building
Association in the county jail here awaiting trial Jan
the 10000 investors
company
dacaons have
path involved than
17yerod Elmer he lived the modest
he $500 month He drove medium priced
au and a
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
JOHN ZAHND RENAMED
NATIONAL PARTY CHIEF
Bert Decker Re Elected Vice Presi-
dent at National Meeting.


John zahnd was reelected presi-
dent of the National party for the
seventh consecutive year at the
thirtieth national executive meeting
at 2315 East Troy avenue, it was an
nounced today.
Bert Decker, Indianapolis, was
elected first vice-chairman; Charles
L. Baxter, Indianapolis, treasurer.
and Miss Mabel LaRue, secretary.
Miss Florence Garvin, Lonsdale, r
I. was elected second vice-president
Elected TO the national advisory
committee we're:
W. J. Rominger and Ben H. Long. In
dianapolis: W. capener. San Jose. Cal.
P. r. flatkovsii. Mason City. Ia; Dr..
z. c. Eing Savanilg, Ill; Clarence Smith.
Omaha. Eeb.. zrd Joe F. Green. Green
wood. Ind.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
LAVA TOLL HEAVY
800 to 400 Killed in lava by
Volcano Eruptions.
By United Press

By United Press
LONDON, Dec. 22.-The death
toll from eruptions of the volcano
Merapi, in Java, is between 300 and
400, dispatches to the Daily Mail
from Rotterdam said today. The
volcano became active last Thurs
day.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
shoppers Home Burns

b IIDle8 Specl1I
COLUMBUS, Ind, Dec. Pre-
turning to her home twelve miles
southwest Of Columbus after
Christmas shopping trip, Mrs. Os-
car. Anderson found the house had
burned in her absence. No one was
at home at the time. The loss is
estimated at 1900.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22
HELD IN COAL FRAUD
Negro Charged With Hoaxing Sew
eraI indianapolis Firms.


Cecilia Wilson, 20, Negro, 1928 La
fayette street. was held today after
allegedly working a confidence game
on several coal companies.
In statement to police Wilson
is said to have confessed he ordered
coal and asked that the driver bring
change for a $40 bill. While the
driver unloaded the coal. Wilson
is said to have taken the change
and promised to bring the bill.
Two drivers complained that they
gave UP their change, unloaded the
coal. waited for Wilson to return.
and finally were forced to reload
the coal and go away without their
money.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1930-12-22

b. A small one-StOry bungalow, pre-
ciscly like countless others in Holly
wood, was his home. It was quiet
and comfortably furnished, and
never was the scene of wild parties
or lavish entertainment Beese-
meyer neither smoked nor drank.
He arose every morning at 6, and
almost always he was in his Office
by 7. He worked through the en-
tire day until evening; and very
often he would rush through his
dinner, go back to his Office and
spend the entire evening there.
Spent Evenings at Home
He did not mingle much, and
when his Office work did not claim
his evenings he spent his time at
home with his family.
Yet few men ever have been &C
cused of a greater embezzlemenL
than the one which he confessed
following his arrest.
Apparently unwise investments
and speculations accounted for most
OF the missing millions. The thefts
started four years ago, when Beese-
myer lost $4,000 in a department
store investment.
He took more money in an effort
to rccoup, invested it badly, lost it
and took more.
The stock market crash. it is be-
1ieved, hit him very hard. He is
known to have sunk $2,O0Q00O in an
oil company that failed after pro-
ducing five dry wells.
Fights for Freedom
When first arrested he seemed
contrite, and said he worried only
about the prospect of returning the
money to people who had intrusted
il to him.
Later. however. his attitude
changed. He is now fighting for his
liberty, and has retained Lecompte
Davis. noted criminal, lawyer, to
handle his case He asserts his
speculations were so intricate that
only he will be able to untangle
things and recover part of the
money lost.
Beesemeyer was highly regarded
both as business genius and as a
man.
He attended the Presbyterian
church regularly and contributed in
large amounts for the upkeep of the
church. Many of the investors who
lost money in the Guaranty crash
were his fellow church members.
pillar of Strength"
Among his business associates
BeeSemeyer was looked upon as a
financial genius and one of the pill
lars of strength upon which Holly
wood is built
He was always ready to come
forth with a substantial amount OF
cash for any business venture that
seemed to spell progress for Holly
wood.
His own personal fortune was tied
UP in various theaterS, hotels
mines. aircraft companies and oil
companies.
Following his confessions of de-
faication he Immediately signed over
all his personal property to the
Guaranty.