The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1931-06-30
RACKET PERILS
DESCRIBED FOR
PUBLIC LEADERS
Colonel Randolph of Chi
Cago Chief Speaker at
Affairs Institute.

By Scripps-HoicGrd Newspaper Alliance
CHARLOTTESVILLE, Va, June
30.-A vast Illicit industry" which
levies tribute totaiing hundreds of
millions annually on American tax
payers was pictured today before
the Institute Of Public Affairs at the
University Of Virginia, in the course
Of a session devoted to racketeering.
Colonl Robert Isham Randolph,
president Of the Chicago Chamber
Of Commerce, defined this relative
" new form of crime as "a con-
spiracy to commit extortion by in
timidation, force, violence, black
mail, arson, murder, kidnapping,
bombing and undue influence"
It's annual cost to the city of Chi
cago alone, he estimated, is $685.
100000, approximately as much as
the city's budget.
Medalie Also Talks
George 2. Medalie, United States
attorney for the southern district of
New York, traced the growth of the
racket to its present widespread and
highly organized state. He joined
Randolph in charging thar business,
sometimes innocently, had created
its own Frankenstein's monster"
Randolph said racketeering will
be ended only when business IRE
captures it's old ethical standards"
To Thomas jefferson, whose mind
always reached out eagerly for new
points Of view, the first day of his
university's institute Monday would
have been delight.
1t called forth not only a plan
hitherto unthought of for modify
ing President Hoover's debO mora
forum, but a defense of revolutions
as opposed to Democratic forms of
government, and suggestions that
law enforcement is lax in this coun-
try because the American people 10
not want enforcement, and would
not tolerate it.
Suggests U. S. Aid
Though discussion of the mora
forum was not on the Institutes
program, the round table on south |
ern agriculture laid aside it's sched- |
ule Monday to permit Carl Vroo-
man, assistant secretary of agricul-
ture under Woodrow Wilson, to |
suggest that the debt plan, if ex-
tended further, offers an unpar-
alleled opportunity for relief of |
agriculture everywhere as well as
industry.
He urged that MIR. Hoover make |
his moratorium contingent on the
purchase by debtor nations of sur
plus products Of creditor nations to
the amount Of their deferred pay
mentS.
This, he pointed out, would fur
nish us an immediate market for
$240,000,000 in food, feeds, textiles, |
copper and other surplus products.
He added that details can be
worked out easily if Mr.. Hoover "is
as interested in saving the Ameri |
can farmer, working man, and bust
ness man from disaster as he is in
saving European nations and inter-
national bankers"
Revolutions Are Defended
Revolutions as a political device
we're defended-not by a Latin
American but by Paul Vanarden
Shaw, Columbia university profess
sor, who compared officials elected |
to state and city Offices in this
country in the last few years with
those who have attained power
through n-American revolu-
tionS.
Revolution offers quick, timely
and Enthusiastically clear reprimand
to those who have abused power"
he said. 1T makes possible a purg-
ing of high offices of unworthy hold
ers. 1t cuts across party lines and
machines"