davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
DIVIDEND HOPE
!. OF CREDITORS
IS SHATTERED
Loss in Trustees System of
Indiana Expected to Be
Near 100 Per Cent.
COMMITTEE is NAMED
Condition of Firm Is Made
Clear at Meeting in
Courthouse.

Small hope of any dividend in
settlement of more than 100000 OBJ
legations of the Trustees System
Corporation of Indiana was given
to creditors Wednesday night by H
Nathan Swain, receiver.
Explanation of the situation was
given creditors in meeting at the
courthouse, at which Swain and ST.
perior Judge Russell J. Ryan, in
whose court the receivership is held,
described condition of the firm
Terming it "a horrible picture, u
Ryan suggested the appointment of
a committee of eleven to represent
the creditors, a plan which was ap-
proved.
Notes Only Assets
Swain declared the only assets
of the corporation, as disclosed dur
ing a recent trip of investigation tC
Chicago, are notes totaling more
than $924,000 on the Trustees Sys-
tenn Corporation of Chicago and the
Trustees System Extension Corpo-
ration of Chicago.
In the opinion of auditors ano
other authorities, the receivershiI
action pending against the two Chi
hcago corporations renders the notes
practically worthless, Swain de-
clared
The local unit merely was g
stock-selling organization for the
Chicago. companies, sending pro-
ceeds of sales to those companies
in return for their notes." Swain
said.
Committee Is Named
The committee will consist of five
local stockholders to be selected by
Ryan: Ray McAdams of Fit. Wayne
William G. Steinmetz of West La
fayette, DR.. c. V. Rozelle of An
derson, Homer M. Carter of South
Bend, and one each from Evansville
and Gary, to be selected later.
Swain said the Trustees System
Corporation of Indiana should not
be confused with the Trustees Sys-
tenn Corporation of indianapolis
and the Indianapolis company, al
though both also are in receivership,
but expect to make payments, at
least in part, to stockholders.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

the basket. The balloon, suddenly
relieved of ITS pounds of weight
leaps upward like frightened horse,
clears a house, swishes through the
top of a tree. The lake is only 500
feet away.
Sighting a large back yard ahead
Trotter pulls the rope again. The
balloon veers downward, straight for
small garage in the yard, rush
ing along at smart pace on the
ground wind. Everybody dives for
ohe bottom of the basket.
With a rasping slam the basket
piles into ground and garage wall at
the same instant.
One by one faces appear out of
the scramble of arms and legs.
Trotter climbs out of the basket.
Get the time of landing?" he
asks the recorder. why, II think
it was about 1905" says the stu
dent, just little shakily.
"Ten-seven," says Trotter crisply.
always keep your log accurately"
And that is the very practical first
lesson of five young airship students
in air navigation, a lesson that may
come in handy in some future day
when one of them is at the helm of
a great liner of the future American
merchant marine of the air.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
FAMED AIRMAN WILL
ORGANIZE VETERANS
Local Division Is Planned by
Major Albert Wood,

Major Albert Wood, soldier of
fortune and internationally known
aviator, arrived here today to or
ganize local division of the Right
Wing of the Military Order of rs.
AS part of the organization work,
Major Wood will address a meeting
of Negro war veterans at 8 to-
night at Nineteenth street and
Columbia avenue.
Until recently, Major Wood was
in the Orient, where he shot down
two japanese planes after joining
the Chinese forces near Hardin.
Manchuria, in April, 1881. Serving
the United States in the World war,
he shot down twenty-seven enemy
planes.
Major Wood explained that Or
ganization of the local division of
the veterans group is part of a
nationwide drive. The organiza-
ton goal, he said, is a political
group with no attempt being made
to interrupt activities of other bona
flde veterans associations.
He will speak later to veterans at
TomlinSOn hall.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

What's the course, navigator"
about 40 degrees northward," re-
spends the student navigator.
Throw out half bag" intones
the pilot, and the sand drifts from
the canvas sack.
Three thousand feet! Thirty
five hundred" sing-songs the aid
watching the instruments.
Successive bags of sand sift over
the side. Seven thousand feety'
sings out the aid. The earth is
a mere patchwork far below.
Nothing is real but the great
ocean of air in which we drift, the
ticking of the clock, and the creak
OF the f1imsy hamper beneath our
feet.
The course, now, carefully" SAYS
Irotter, in measured tones.
Quite definitely north" responds
the aid, his eye on the tiny shadow
OF the balloon Swimming the roads
and hedgerows.
The shore of Lake Erie, to the
north, is getting closer and closer
Now men," says Trotter, in the
tone OF a lecturer on mathematics
we could go higher, of course
looking for that southerly breeze
But II 1t isn't there, it might be too
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

one memDer from each congress
sional district was appointed to this
committee, which will make its re-
port this afternoon. Victor c. Ken
dali, secretary-treasurer of L. S.
Ayres g. Co., was named from the
Twelfth district.
The meeting was presided over by
Fred Wiedman of South Bend.
chairman of the state committee on
organization.
Other matters to be considered by
the retail merchants Will - -
effect of the industrial recovery act
on the retail business of Indiana,
and the policy of the retailers in
regard to state legislation
Final organization of the Marion
county division of the association
will be perfected Friday night at a
meeting in the Washington, &C
cording to announcement by S. B.
Walker, Chairman of the county ex-
ecptive committee.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
BY WILLIS THORNTON
NEA Service Writer

LORAIN, O., June 90. Five
potential officers of Americas fu-
ture air merchant marine have
gained some intimate knowledge of
the caprices of the upper air.
They gained it in their first flight
in free balloon, as part of a course
aimed at qualifying them as Off
GERS aboard the great airships that
the Goodyear-Zeppelin Corpora
ton feels certain will span the
oceans within a few years.
/ The flight ended in quick forced
landing, slam against the side of a
garage, the balloon envelope draped
over an electric line.
Glad of Spill
And as Frank A. Trotter, former
navy ensign and expert balloon and
airship pilot, unscrambled himself
from a tangle of student arms ard
legs in the balloon basket, he said:
I'm kind of glad we fetched up
this way in spill. These boys have
learned some things about the
thickness of the air ocean that they
couldn't learn in any other way.
Now they'll always have a great
respect for what the air can do with
you and to you. That's the first
thing an airship pilot ought to
have!"
1t was pitch dark when a truck
rolled into the plant of the Ma
tional Tube Company here, and the
dozen student pilots spread the
great gas bag on the ground and
started filling it with coke gas.
The balloon, Goodyear VIII. vete-
ran winner of the Gordon-Bennett
trophy, slowly mushroomed I'D from
the ground, the net covering the
bag weighed down by thirty-five-
pound sandbags hooked in it's
meShes.
AS the bag filled, daylight came.
and a great globe, fifty-four feet
across, rose from the ground. everv
step supervised by Trotter and
commander LANCE, head of the
school. Latest weather reports were
received.
Earth Falls Away
The basket, a wicker affair like a
large laundry hamper, was attached
and forty-nine Sandbags shifted to
the bottom and sides of the basket
instruments, Paragraph. aIti-
meter, compass, were dashed to the
rigging, sandwiches slowed away. and
careful instructions given the STU
dents, each of whom was told off to
duty as aid, navigator, assistant
navigator, recorder, and so on.
Trotter, the pilot, perched on the
load ring ca metal circle to which
both envelope and basket are at
tached), cut rope holding the ship
last, and called Shove her up!'
The earth suddenly was snatched
from under us, and fell away i'm
mediately to a great distance. But
there was no sense of motion. no
sound.
The ticking of clock in the in
strument cabinet was insistentlv
clear. Nothing at all between us
and the earth far below but that
trail little clothes-hamper.
Fifteen hundred feet!" sang out
the aid. 1.-TWO thousand! Twenty
five hundred!'
Ought to be catching that breeze
to the SOUTH" unused Trotter, still
perched above the basket on the
load ring.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
PECORA FO|LS
PLAN TO SPIKE
BANK INQUIRY
Rush Act by Financial
Interests ThWarted;
Recess Ordered.
RESUME IN OCTOBER
Kuhn, Loeb Case Angles to
Be Lined Up Before
Adjournment.
BY NED BROOKS
Times SpeoiaI Writer

WASHINGTON, June 29.-The
strategy of influential banking in
terests against the senates inquiry
into financial practices was defeated
today by a decision of the banking
and currency committee to complete
major phases of the Kuhn, Loeb 81
Co. case and then adjourn until
Oct. 3.
Under the guise of cooperating
with the investigation, banking in
stitutions whose activities are yet
to be examined had urged commit
tee members to carry the hearings
TO their conclusion without the in
terruptions of recesses. They were
anxious and, willing, they told mem
bers, to have the inquiry continue
without delay.
Such a program, however, was
not in accord with the ideas of
Ferdinand Pecora, committee coun-
sci, and members interested in ex-
ploring thoroughly into the intri-
cate byways of corporate financing
Investigation Is Needed
Mr.. Pecora's strategy, explained
to the committee in an executive
session following Wednesdays hear
ing, is to allow hearings to proceed
for no longer than two weeks at a
time, with a recess of perhaps a
month or longer, to permit him to
prepare for the next phase.
He said the investigating staff
would be working at a distinct dis
advantage if compelled to examine
witnesses without advance prepara-
ton. Such procedure, he ex-
planned, would be similar to that
described by attorneys as a fishing
expedition" Mr.. Pecora wants to
know in advance the facts of the
case and what witnesses are going
to say.
Chairman Duncan Fletcher Dem,
Fla announced after the executive
session that the Kuhn-Loeb inquiry
would continue until Friday. If un-
completed, it will resume Wednes-
day for one or two days and then
adjourn until October, he said
Time Is Needed
At that time, the inquiry into
j. P, Morgan a. Co. will be resumed,
and affairs of the Chase Securities
Corporation and Dillon Read Com
pany investigated.
The summer recess will give
Pecora and his staff ample time to
gather its evidence. Nobody knows
better than the counsel the diff
Guilty of unearthing evidence such
as has been divulged in the Morgan
and Kuhn, Loeb inquiries
Weeks and sometimes months are
required to piece together evidence
gathered from score or more
sources. Often, as in the case of
the Morgan company, hindrances
are thrown into the path of the in
vestigators.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
COMPOSER TO FINLAND
Relatives Here Learn of Departure
of Werner Jansen.

Relatives in Indianapolis have
just learned that Werner Jansen,
American composer, has gone to
Helsingfors, Finland, to work with
Sibelius, Finnish composer.
Jansen, a former resident of In
dianapolis, has been abroad for two
years, where he conducted a series
OF, orchestra concerts last winter.
Mrs. Jansen is sister of Mrs.
Lowell H. Patterson of Indianapolis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
SEWER GAS LEAKS
REPORTED IN CITY
Plenty of Fresh Air Is Cure,
City Officers Say.

Escaping sewer gas, one of the
evils that goes with the heat wave
was reported today in the 1900
block Spruce street and 900 block
North DreXel avenue.
Wilbur Winship, street commits
sioner, explains that the gas is
formed in cisterns or sewers when
water reaches low level.
Escaping into sewer lines, the gas
finds an outlet into Easements and
through manholes.
Drowsiness, slight headache and
a rasping feeling in the throat
result from inhaling the gas. Plenty
OF fresh air, ice on forehead and
doses of soda water are the rene
dies.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
200 HEAR ADDRESSES
BY NOTED DOCTORS
Research Work Is Detailed TO
Physicians Assembly.

Two hundred members of the
alumni assembly of Indiana physi-
clans and surgeons attending sum-
mer postgraduate courses at the
Indiana university school of medi-
cine heard papers Wednesday night
on research work on the liver,
tuberculosis and psychiatry.
Speakers were DR.. Frank Mann,
director of the experimental labora-
tories Of the Mayo clinic; DR.. Ed
ward G. Billings, psychiatrist on the
staff of Johns Hopkins university
school of medicine. and DR.. Ken
meth Smithburn, assistant in the
department of biology and physio-
logy Of the Rockefeller institute.
All are graduates of the Indiana
university school Of meoEine.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
CITY MARBLES
KING is BEATEN
Billy Dyer Goes Down to
Defeat in Semi-FinaIs
at Chicago.
BY FLOYD BAKER
Times School Pare Fditor

SOLDIER FIELD, CHICAGO,
June 29.-Billy Dyer, indianapolis
marble champion, was eliminated
in semi-flnal play of the western
division of the national marble
tournament today, losing eleven of
his twelve games. The loss came as
surprise, after his brilliant play
Wednesday, when he came from
behind to win the central league
championship.
The western divisional title re-
manned with Billy, however, when
(Bllly) Matthews of Chattanooga
winner of ring two, defeated Marvin
Buell., of st. Louis, winner of ring
one in the finals
Billy Dyer, in the drawings
Wednesday night, was second player
in ring one to play against Law
renee Ennis, of Evansville, and
Buell..
Playing Ennis, in the first three
games, Billy lost by scores of 7 to 8,
to 3 and to 6. Buell. defeated
Billy z to 3, to 2 and 7 to 6. He
lost all chance even for a tie, when
he dropped his next game to Ennis,
to 2. He then won his only game
of the day, defeating Ennis, 7 to 2,
only to lose again. Buell., who pre-
viously had defeated Ennis in three
games, become ring winner when he
beat Billy three more games, 7 to 8,
TITO and to 4.
Matthews won his way into the
final games by winning all twelve of
his semi-final sets.
Matthews won his first game
against Buell., to 4. Buell. won the
next two, to and to 4.
Matthews came eback to win the
next three games, Ito 3, Z to s and 7
to 5. After rest period, Mat
thews gained the lag and stuck on
his first shot. gaining seven mar
bles, the game, and the western
championship.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
Six-in-One
'SiameSe Sextet' Is Born;
All Members Are
Living.

By Times Special
GOLDSMITH, Ind, June o.
~ A "Siamese sextet" was born
at the home of William Wander
ander here.
Vanderanders pet cat gave
birth to litter of six kittens, all
joined together like the original
'Siannese twins"
All the kittens are living.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
SCOUT CHIEF IS FETED
+. o. Belzer Is Honored at Fare.
well Luncheon party.

A farewell luncheon, in honor of
F. o. Belzer, Boy Scout executive,
was given today at the Lincoln by
members of the Indianapolis and
Central Indiana Scout Council.
Belzer and eight Indianapolis
scouts will leave Tuesday for New
York. where they will embark on
the s. S. General Won Steuben for
Europe. They will attend the Inter-
national Boy Scout jamboree to be
held in August near Budapest, Hun
gary.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

perlOr cOu r {
w e d n e S d a y
when the actress
failed to appear
to defend the
case.
Censuring the
screen stars at
torney for fail
ing to have her
in court, Judge
Emmett H. Will
son decreed Miss
Bennett m u S t
give a deposit
ton Saturday
before ATTORNEYS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

for her former business agents,
Frank Joyce-Myron Selznick, Inc,
the plaintiffs.
The agency claimed SIC, 900 was
due as commission on obtaining
for her ten-weeks' contract with
Warner Brothers for 100000.
Miss Bennett had refused to make
a deposition.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
EIGHT INDIANA DRY
AGENTS LOSE JOBS
District Force Cut in Half by New
United States Order.

Indefinite furloughs will be given
eight federal dry agents attached
to the indianapolis Office Friday,
under orders received late Wednes-
day by Basil H. Minnich, deputy
dry administrator for the southern
Indiana district.
The dismissal order, received by
Michael L. Harvey, Chicago, admin
lstrator for Indiana, Illinois and
Wisconsin, will leave eight agents
on duty in this district.
Agents ordered furloughed are
Charles Beavan, Maurice Bennett,
Arch Farabee, Earl Hopes, Alfred
knilans, Thomas Moses, Harry Ka-
ton and Ralph VIM.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
FORD DEALERS CHEERED
Sales Up, Representatives Are Opt
mislic at Meeting.

Local Ford automobile dealers
and statesmen attended meetings
Wednesday at the Claypool at which
company representatives expressed
qualification for increased sales in
Indianapolis in the last forty-five
days and were optimistic for July
and August.
Speakers were W. c. Bowling,
sales director for the Ford Motor
Company, and his assistant, j. R.
Davis.
Presiding was R. A. Hayes, local
branch manager for the Ford Com
pany.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
Now! Pay!
Divorces Husband, Gets
Salary as His Present
HouSekeeper.

BIZ United Press
NTATSEKA, Ill, June 29-The
w day after Mrs. Iva Jones
of Milford received a divorce from
her husband, she accepted posi-
ton keeping house for him at a
salary
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
FARM BUREAU AGENTS
ATTEND GRAIN FARLEY
w. HI. Settle Outlines Wheat Ad-
justment Plan.

Approximately two hundred farm
bureau managers and managers of
farmer and cooperative elevators
were expected to attend the meet
ing at the SEVERN today sponsored
by the Central States Grain Asso-
citation, which has Offices with the
Indiana Farm Bureau.
Talks were scheduled by w. H.
Settle, Indiana Farm Bureau presi-
dent, who will explain the wheat
adjustment plan as it applies to In
diana, and c. E. Huff. Chicago,
president of the Farmers National
Grain Corporation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
400 ATTENDING FARLEY
Annual Convention of Baraca.
Philathea Group Is Held.

More than 400 delegates are at
tending the thirty-fourth annual
convention of the world wide
Baraca- Philathea Union, which
opened Wednesday night in the
First Baptist church.
At $50 tonight a fellowship din
ner will be held in the Lincoln. To-
nights address will be given by
Professor ]. Raymond Schultz of
Manchester college.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
SESSION OF REVIEW
BOARD Is EXTENDED
Tax Assessment Appeals Mount,
Delaying Hearing Close.

Unusually large volume of APP
peals from tax assessments on file
with the Marion county board of
review has resulted in the term of
the boards meeting being extended
until July "a.
Order for the twenty-day extern
sion from July vas given Wednes-
day by Circuit Judge Earl R. Cox
when it was revealed by robert R.
Sloan, county assessor, that insufi-
cient time remains for consideration
Of appeals.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

Mugs refused to comment on the
report of Tobin's appointment. The
public works administration is con-
sidered non-political, and positions
hereunder are not open for sena-
torial patronage.
The publis works administrator
for Indiana will pass upon all pub
lie works projects in the state and
make recommendations to Wash
ington. He will be the Indiana
representative of the federal public
works administrator, Donald F.
Sawyer, and the federal public
works board, headed by Secretary
of Interior, Harold l.. Ickes.
Besides providing funds for roads
and strictly federal projects, such
as federal buildings, postofhces, and
river Improvements, the public
works administration is authorized
to lend money to states and mu-
inequalities for local projects, and
to make direct grants up to per
cent of the cost of approved local
projects.
The state administrators probably
will not be appointed until Presi-
dent Roosevelt returns from his va
cation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
You Tell En-
Judge CenSures Movie
Stars Failure to Be
in Court.

By United Press
T OS ANGELES, June 29.-
IL Constance Bennett must tell
about her famous $4,000 a week
salary in connection with a $15,-
agents suit, it was ordered in SUI
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
ORDER SCHOOLS SURVEY
Another Step in McNutt Revamping
Plan Is Taken.

Another step in Governor Paul v.
McNutt's plan to revamp the state
schools was taken by normal school
trustees meeting at the Columbia
Club Wednesday afternoon.
They ordered a survey of the
schools to be made by Harry Elder
of the state department of educa-
ton and President Lemuel A. Pit
tenger Of Muncie Normal.
No successor to President L. N.
Hines of the Terre Haute Normal
was selected Hines resignation viii
be effective Sept. 80.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
CITY BAND is WINNER
Sahara GrottO Takes First Place in
Second Division Judging.
81 Times Special

Bv Times Special
CHICAGO, June 29.-The AL
Sirat lodge of Cleveland entered the
prize-winning band in musical COM
petition at the forty-fourth annual
session of the Grotto here.
Second place in the band competi-
ton went to Alhambra of st. Louis
and third to Aut Mort of Youngs-
town, o. In the second division
first place was won by Sahara of
indianapolis.
In drill competition. c division.
Merou of Lafayette, Ind, was. first.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
Federal Appointment May
Go to President of
Transfers Union.

BIZ Scripps-HoVard Newspaper alliance
WASHINGTON, June 29.-It is
reported in circles close to the adj
ministration that Daniel F.. Tobin
of indianapolis may be offered the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
Faces Bank Holdup Charge

bU JHtted Press
WARSAW, June 90. - Ohio
authorities today took Merritt Long
brake, Claypool. Ind, to Bellefon-
tame, o., to face charges in connec-
ton with a $4,000 bank holdup.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
TObin Doomed for State
Public Works Director

position of federal administrator of
public works for Indiana.
Tobin, president of the Transfers
and Chauffeurs' union, was organ
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
FIRE HAZARDS BANNED
Sale of Fourth of July Explosives
Prohibited In Danger Spots.

Safety board and Fire Chief
Harry VoShell announced today
that ban is in effect on additional
places for sale of Fourth of July
fireworks in downtown buildings
which are clasSed as hazardous
from fire standpoint.
Four fireworks stands already
have been established downtown in
hazardous buildings, but in each
case proprietors have registered
with the board.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29

lied labor's choice
for secretary of
labor, and since
t h a t positio n
went to Frances
Perkins he con-
sistently has re-
fused to accept
a lesser appoint
ment.
The Office of
S e n a t or v a n
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-06-29
Retailers Study Plan to
Test Gross Income Tax

Delegates to the meeting of
meeting IN the Lincoln this morning committee to investigate
the advisaby and testing contutionatv Of the
income BILL effects sales in Indiana - ~ s000