davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

mistrust of currency manipulation
as a means Of affecting prices may
be found in the dollars checkered
experience since We quit the gold
standard last spring. Immediately
afterward raw commodity prices
rose in something like a ratio to
the dollars decline in the gold mar
kets. Wheat, cotton, etc. shot up
ward.
But after a time their prices
reached a peak and fell of. The
dollar, on the contrary. continued
to fall until diSproportion became
wide. The dollar is off IS per cent
but the average rise in commodity
prices is said not to exceed II per
cent. Economists puzzle over
whether this is Que to a fixed law
governing currency depreciation, a
law of diminishing returns, or
whether it is merely an accident.
In any event, the currency aspect
OF the general situation falls into
a secondary relationship in the gov
ernment's present attitude. The en-
phasis is on the other face of the
dollar; namely, what it will buy.
In the face of pressure, the gov
eminent insists on putting what it
holds to be first things first. The
dollar very likely will be rearticu-
lated with gold when the propitious
time arrives; or, conceivably, if the
recovery breaks down bringing a
demand for any heroic measure.
But not earlier.
1t should be clear by now that the
President is not susceptible to the
remedies either of currency infa-
tlonists or def1ationists. He is on
another track.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Deaths

Mae Yvone Sanders. l, 1883 Sheldon
broncho pneumonia.
AIDA Louisa Reynolds. Is. 929 North
West, corOnary thrombosis.
william Morgan. S. 1858 West Michi-
gan. mitral reorganization.
Matt Kramer 70, lis West Walnut, cere-
bral hemorrhage.
Henry Clay Conn SO. 4l4 Blackford
mitral stenosis.
Hugh D. OConneH. IS. city hospital.
cerebral apoplexy.
Margaret Beatty Quigley. IL 1852 Wash
ngton boulevard, acute dilatation Of
heart.
James s Wyatt, 80. 73s North Belmont
corcnary occulsion.
Alonzo J. Rsgsdsle. 70, city hospita al
acute CASTRO enteritls.
Jesse Wright. rs. city hospital. cerebral
apoplexy.
Lqra Cook. 4s. city hospital. general
peZitoaitis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

Such absorption over a single is
sue here in the capital might in
dictate that the government, private
ly, holds a monetary solution to- be
essential to recovery at this juno
ture. Or it may mean that the is
sue has been swollen out of its real
Importance by propaganda by such
pressure groups as cotton states in
f1ationiStS and conservative def1a-
tionists the last two weeks.
Seems to Be in No Hurry
I suspect the latter to be the
more accurate hypothesis. I sus-
pect further that the administra-
ton and the powerful persons now
imploring monetary action speak
different languages; that, whereas
the administration still perceives its
major detectives in terms of COM
modify prices, the others reckon
advance in terms of currency adj
justment.
1t should surprise no one, there
fore, if the President defers act or
declaration on dollar sterilization
until he has lifted commodity prices
to satisfactory level He is, one
gathers, in nowhere near as great
a hurry as the currency reformers.
Mr.. Roosevelt, I am told, sees his
endeavor to raise prices as stable,
&c hi E,.cf
principle. He has not sWerved from
it. He is committed to the economic
tenet-under fire in some quarters
that rising prices denote and i'm
plement prosperity. Currency fluc-
tuations are secondary. If they
serve to lift price levels-as the
falling dollar did for time after
we abandoned gold-well and good.
If they fail after a while, then it
can be proved that the decline of
the dollar in gold value has had
very little effect on the commodity
range beyond a certain point.
Faith Lodged in Credits
The President, it must be appar-
ent, thinks first in the idiom Of
price. He mistrusts currency as a
means of arriving at price He re-
lies instead upon credit manage
ment. That seems the only inter
probation to put upon his consist
entity cold attitude toward money
nostrums during the last two weeks;
discouraging period for many
friends of the New Deal
The government has faith in the
leverage of credit upon business &C
tivity and, therefore, prices. It's
insistence on that method of recov-
cry lends support to the belief that
we are in process of establishing
de facto commodity dollar. If that
is the process, then we shall attain
a suitable price range and let the
dollar find its level in relation to it
and gold.
If the government intends pres
emily to revalue the dollar-a con-
tingency frequently prophesied with
in the last few days-the treasury
still is in the dark. 1t has no in
Str11ctiOnC
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
NEW YORK COFFEE FUTURES
CHICAGO FRUIT MARKET

we ehiHae'o' OusRe i 75cqsYt Jonathsns
bushel, IS a 75c: No. ?. bushel. 40d soc. Car
rots-illinois. id2c. Ekkplant-Illinois, IS
a Acc Illinois, bushel, 4oG soc
Wisconsin. crate. 75cdSi Toma toes =
Michigan. soc. Grapes Michigan. 2od 2lc;
tour-9uaTt. 1o@ilc PeachesC ccS,. ADO
Valentias. bushel s0c q 81. Wisconsin: yell
lows. bushel, 60d 65c; Indiana, yellows.
bushel 60d65c Illinois, yellovs. bushel, so
d65c Minnesota and Indiana. whites.
husheI- sllnGl.15-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

powers respect The needs
be told at this
the fact that the
taking 0 a decision
If President Roosevelt today that the dollar is 10
and that back
probably would
squirt great might be
high low and
such basis The
have changed dras
ticaly there certainty that they
will months it be
just as well to take it for a while yet
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Higher Price Level First
Goal of Administration
in Recovery Movement
President Looks Colby on All Money Reforms Offered by
Currency Initiation Enthusiasts.
BY FORREST DAVIS
Times Special Writer

WASHINGTON 6.-The
Roosevelt intends the dollar continues ascnate Washington
Will
the 100000 little
hohdy
the world and talk about the sundry
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Retail Coal Prices

The following prices represent quota
lions from leading Indianapolis coal deal
ers A cash discount of Is cents per
ton Is allowed.
Domestic Prices
Indiana No and No. 6 lump. IS Is;
egg, SIS; mine run. S475.
Coke carload lotsl-Egg nut. 81: pea
sizes s5.25.
Semi Misunderstanding. s72s.
Retail Steam Prices
Indiana No Slump 81 so: egg. s4 nut
SO IS: pea. s4.25; mine run, s375.
West Virginia-Lump. $3.50: egg. SIS as.
Kentucky-Egg. S5.25.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Births

William and Crescentia Stahl. 2715 Allen.
Walter and Nellie Penick. 2433 North
western.
Girls
william and Leila Stevens, So North
Holmes.
Harry and Kathryn Kohn HOS South
ReiSner
Robert and Bonita Coffin. 1928 East
Twenty fifth.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
PLUMBING Permits

A. Bremen, 14O2-O4 St. Peter: four
fixtures.
Ritter Avenue Plumbing Company, 2815
East Tenth: three fixtures.
Fred Schiffman. 4l0l East Michigan; one
fixture.
McCan-Fox. Illinois street and West
field boulevard. two fixtures.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Chicago Futures Range
Indianapolis Cash Grain

Oct. A.
The bids for car lots of grain at the
call OF the Indianapolis Board of Trade
+. o. b, SLIPPING point basis IL New York
rate, were Wheat-weak; No. l red 1872 a
ia; No red. III 2a7sia. No 2 hard.
U924 1872. Corn-Weak: No. 2 white 3Sla
a 391z No. 3 white, 37i2G 3612: No vel
low, 35i a@36i2;. No. yellow, 34lq 35ia;
no NHS12 mixed, 34I2@ 35l z; No: mixed. 331a
39'4' No white 2894a29@. HayGstead9
IF. O. h. country points taking 23i2c or
less rate to Cincinnati or LOUISVILLE. No.
I timothy. S6@6.5O; No. timothy. $500
Inspections
>. W WI At / red. cars: No. red. 2
car. Total, s cars. Corn-No. ! white /
car: No. 2 white. II cars; No. 3 white. s
cars: No; 2 yellow. 10 cars; No yellow
70 cars; No; yellow. 4 cars, No Z mixed
I car. Total. 48 cars. Oats-No 2 white.
b cars; No. white, cars. Total IL cars
INDIANAPOLIS WAGON WHEAT
City grain elevators are paying rs cents
on their merits.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Wall Street
MIRA Program Now Looked Upon as Reasonably Long
Term Proposition: Progress Is Noted.
By RALPH HENDERSON,
Times Special Financial Writer

Put forward becoming increasing
looked reasonably
ongerm proposition Even President Roosevelt called upon the people
Of
Chicago
plans
Of the
March and the advance commodity and security prices bound to
hope When this added full
speed ahead the Of The administration pcg oganza
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
STOCK SHARES
DISPLAY WEAK
y TRADING RANCE
dealings Are Light With
Utility Issues Down
FraCtionaIIy.
Average Stock Prices

Average Of thirty industrials FOL
Thursday high 1924. low $685. last 95.05
of IS. Average Of twenty rails AZ rs. II 95
- II. of y. Average of twenty utilities
,26s2 %. 261s. off Is. Average o.
forty bonds 81 o. up 20.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

financial conundrum
the National Dsters Products
Corporation distribution of
Vhisk fGahss TO
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

IIOn % mop LaKe some Of Ie klOJs OUT OF IIIsIII
operations it was not surprising that most people be-
came rather overoptimstic.
But. despite the setback witnessed during the last
two months, it must be borne in mind that trade
activity still is well ahead of what 1t was at the
bottom of the depression Most of leading auhor
ties are agreed that definite progress has been made
under the NRA, and they are looking forward to a
resumption Of the uptrend within the next few weeks.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
The Money Policy

The failure Of the administration to make def
mite statement on the future money policy of the
country quite naturally is retarding business IL Is
impossible under existing conditions to plan opera
tons IN advance. Bankers also are handicapped IN
their loan policies
But it should be remembered that it is no easy
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
TREASURY STATEMENT

Oct. g
Net balance for Oct. a. s1.147D71, lis 81
Misc. Int Rev Rec for day 4l415 030 II
Custom rec. month to date 3l421 959. 81
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Bank CIearingS

INDIANAPOLIS STATEMENT
Oct. g.
Hearings Observation-Disclosures 1850 900 90
Debts NEUTRALITY-SUSPICIOUS.. 5 576 900 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Chicago Stocks
; b. ABBOTT. Hoppin q Ct

Oct. s.
Total Sales. $4,000 Shares.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06
Federal Farm Loan Bonds
(By Blyth & Co.. Inc.)
Daily Price Index

Home Loan As, July /. 1851 e.. 1854 1874
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-10-06

| FIT. WAYNE. Oct -Hoes-Steadv: 200
225 lbs, S5:25: 225-25O lbs. $50; 25O-275
lbs Sa; 275-30o lbs: $4.85; 3O0-35O lbs.
| 140-150 lbs. S4.65 ;130-14O lbs, s4.40: 100
1870 lbs, $3.75@4; roughs, $780, stays,
! S2.25: calves. S6.25 use Off: lambs Sc so
Imperial Valley press., 1933-12-12
Consolidate TuUo
Demonstrations

Joint meeting on hay grading ana
on the alkali reclamation work OF
the extension service will take place
on Saturday, December 10, at III a.
M, according to Frank Beyschlag,
farm advisor.
The meeting will be held at the
University of California experiment
plots on the Mike ProcSal ranch 8
miles east of the Southern Pacific
tracks on the Ell Centro-Holtvllle
highway, q miles north to ProcSal
corner, q miles west, then down a
lane % miles.
Roy L. Wood, federal-state hay
grader. will speak on hay grading
and Beyschlag will discuss the salt
balance of Imperial Valley and tell
of the work at the plots. He Will
discuss the study compiled by G. 5.
Schofield of the U. S. department
of agriculture and the reclamation
work carried on at the plots by Dr.
w. T. Kelley and DR.. w. P. Thomas
soil chemists of the Riverside CIT
trus experiment station.
All valley ranchers interested are
extended a cordial invitation to at
tend this meeting.
Imperial Valley press., 1933-12-12
Western Shrine
Team Selected

SAN FRANCISCO, Dec. II. UR)
The western team in the Shrine
game here New Years day was COM
plete today except for one guard po-
sition. Aaron Rosenberg, use. star
sent word that he would be working
during the holidays and would be
unable to play.
The present western lineup in
cludes: ends, Smith, Washington;
Geisler, Centenary; Tod, Olympic
club; and Fred Canrinus, ST. Mary S.
Tackles, Fields and SchWammel,
Oregon State; O'Brien, Nebraska;
and Jorgensen, st. Mary's; guards,
Stevens, U. S. c.; Morris, Califor-
mia. and Barton, Denver; centers,
Hughes, Oregon, and Coates, U. c.
L. A.; quarterbacks, Sarboe, wash
ington State, and Merle Nehl, Co
lumbia of Portland; halfbacks, NC
Neish, U. S. c.; Norby, Idaho, Bow
man, oregon State, and Graham
Kansas State; fullbacks, MikulaK,
Oregon and Sauer, Nebraska.
Imperial Valley press., 1933-12-12
YOUNG CRIME
GANG TAKEN
INTO CUSTODY

LOS ANGELES. Dec. Il. U.P)-
Authorities today announced that a
systematic campaign of crime had
been averted with the arrest of
four 18-year-old boys recently es-
capped from the Preston School OF
Industry.
Deputy Sheriff Tom Till, who
made the arrests. said he noticed
the boys lettering suspiciously a
round a garage and that one drew
pistol on his approach. Til
knocked the youth down, disarmed
him and took the quartet to the
county Jail, where they were booked
on suspicion of robbery, burglary
and escape.
Till said the youths admitted hav-
ing stolen two automobiles. one OF
which they wrecked near Whittier
to effect their escape from the
school. He found in their posses
sion, Till said, diagrams of houses
with the names of owners and adj
dresses, suspected Of having been
intended to serve as plans for rob-
berries.
The four youths were Robert
Thomas of Belvedere, William Phil
lips of Salinas, Clifford Ledgerwood
of Pico and George Wiler of Los
Angeles. All four were made order
lies at the school because of good
behaviour, and pried loose a screen
to make their escape December 9.
Imperial Valley press., 1933-12-12
MACK CENTER
Of TRADING

CHICAGO, Dec. II. U.P)-Connie
Mack, the lean, scholarly leader of
the Philadelphia Athletics, once
more occupied the center of base
ball IS spotlight as the major leagues
opened their three-day annual win
ter meeting today at the Palmer
House.
Mack S arrival from Philadelphia
was the signal for trading to start
in the American League. Three of
the most important deals expected
to be made involved the Athletics.
These are:
Pitcher George Earnshaw to the
Chicago White Sox for cash and
possibly Catcher Charlie Berry.
Catcher Mickey Cochrane to the
Detroit Tigers for cash.
Lefty Grove or Rube Walberg and
Max Bishop to the Boston Red Sox
for two other players, believed to
be Shortstop Rabbit WarStler and
Pitcher Ed Kline, and cash.
Cochrane already is here and as
far as all outward appearances are
concerned is acting as manager of
the Tigers.
The White Sox are making no
secret of the fact that they expect
to land EarnshaW, and have jim
my Dykes, former teammate of
EarnshaW, here to help them put
over the deal.
Imperial Valley press., 1933-12-12
BY HENRY McLEMORE
nited Press Staff Correspondent

Umteu PfcSs Stafl correspondent
NEW YORK, Dec. II. - Jimmy
Johnston sat in his office today and
over a cup of tea played like he was
supreme dictator of boxing in Am
erica, not just pugilistic wheelhorse
for Madison Square Garden.
81 am sick and tired of these
damn choosey fighters, and you
may quote me ante bellum, - said
Mr.. Johnston, who has a distinct
flair for foreign languages. "All
day long I sit here trying to make
matches and what do 1 hear? This
guy won fight this guy. Every
manager has his little red book of
suitable opponents and won't let
his man fight anybody that ism It
just SO wide, just so high, cuts his
hair a certain way, and has a mole
on the right shoulder. I wish l
was a Mussolini just one day.
Before we could tell Mr. Johnston
how swell he d look in a plumed
hat, reviewing the Campfire Girls,
he went on:
"Yessir, just one day with Mus
solini IS power and all this talk about
boxing being de1d would be through,
! could make dozen red-hot
matches in the heavyweight divis-
ion alone. I'd match this Carnera
out of Italy and yank Baer outa
that Broadway hot-Spot, throw EN-
in a ring and say, now fight, you
Imperial Valley press., 1933-12-12
ACTRESS MUM
UPON DIVORCE

NEW YORK, Dec. II. UP)-Mary
Pickford arrived today for an indef-
mite stay in New York and warned
reporters that there was lone ques-
ton which is taboo"
What question is that, Miss Pick
ford?" she was asked.
1.-THE one that is foremost in your
mind" she replied grimly. Not once
was the name of Douglas Fairbanks
whom she named in a recent petit
ton for divorce, mentioned.
Miss Pickford said she would
spend Christmas in New York for
the first time in II years. She sale
she would study plays and might
stay here until after New Years
Her niece, Wynne, is to join her
soon.
Imperial Valley press., 1933-12-12
BURGLARS CAN
GET FINANCED
MUCH EASIER

Gaining entrance to the building
through a skylight, burglars rob-
bed two cash registers in the Owl
Billiard hall, Main street, of $27 in
cash early this morning, according
to a report made to police head
quarters.
Discovery of the robbery was
made this morning when the jani-
tor wished to make change for an
early customer and found there was
no money in either register. 1t was
then that he noticed the screen
torn from the skylight and other
evidence that showed the place had
been entered during the hight.
A checkup was made of tobacco
and other stocks on hand but if any
of these weer taken the amount was
negligible, it was later learned.
I'D like to repeat the offer
made two years ago, when burglars
last found it necessary to pay us a
professional visit said Johnny
Moore, one of the owners of the Owl
Billiard hall today.
IF any of the boys want to get
into the cash register 1 wish they
would come around before we close
and make known their wants. They
can have the 25 bucks if they will
I'm perfectly willing to hand it over
to them without any struggle. 1t is
worth it. I'd rather pay 25 bucks
any time than to be hauled out OF
bed in the cold when the place has
been entered.
Despite my offer of $25 they took
closer to $50 last night. That is fail
enough for the cost of living has
gone up since then and the boys
doubtless have to figure in the sales
tax and a few more that have beer
added. I'll stand the gait for a few
more bucks but I ask all the yeggS
| to be considerable about this thing
and come around before we close
1t is easier on us and easier or
them for they won't risk their neck'
by coming in through the skylight.'
Imperial Valley press., 1933-12-12

Remember Moby Dick? And did
you ever see a whale? Not a whale
in moving pictures, but a real, hon
est to goodness whale in the flesh?
No? Well, here's your chance.
Macon E. Willis, general repre-.
sentative for the Pacific Whaling
company, Of Long Beach, Calf, was
in Ell Centric yesterday making ar
rapgements with city officials to
bring to FL Centre their mammoth
marine exhibit, which features a
monster whale, SIS feet long and
weighing more than GO tons.
The exhibit is on a specially con-
structed all-steel railroad car, 100
feet long, and will be placed on the
siding near the Southern Pacific de-
pot for exhibition next Monday and
Tuesday, December 18 and 10.
Everywhere this exhibit car has
appeared it has created wide COM
munity interest because of its edu-
cational value to the younger ele-
ment who can see at first hand
what their parents in most instan-
ces have not been able to witness
during their lives.
Captain Mike Dolan, veteran Wha-
Imperial Valley press., 1933-12-12
TCDANS
SPORT AsPARADE
kAAfAfr ! J&b4abaD

mugs That ID be my first official
act after electing myself head man
of the mint. That scrap would dc
| half a million, yet Primo and Max
won do business. They'd rather
pick up a little quick money sing
ing and dancing and mugging for
a camera.'
Names Good Bouts
Would Mr.. Johnston please pass
me some lemon, and could he name
any more attractive heavyweight
fights?
Here's your lemon, and 1 could
name a dozen. Sharkey and Baer d
be good for 100000; Camera and
Loughran would do 100000 and
Baer and Schmeling again would
draw $150000. Baer and this big
Impellitiere would do around $75, 900,
and Camera and the IMP would do
even better. For other goo
matches you could use Loughran
and Neusel or Levinsky and Impy,
Levinsky and Neusel, Hamas against
Baer, Neusel or Levinsky, and an
other go between Sharkey and
Loughran. But try and sign these
matches. The boys all claim to be
fighters, but they won't fight
According to Mr.. Johnston, the
same situation exists in all the
classes, right on down to the fly
weights. He admits, however, that
there are few exceptions. One of
them is oTny Canzoneri, eX-light-
weight champion, and when you
mention Tony's name, Brother
Johnston IS face lights up, and he IS
Off:
"There' IS a real fighter, that
Canzoneri. Even when he had the
title he went about looking for
trouble. He d put it out in the mid
die of the ring. roll up his sleeves,
spit on his hands, and say, Come
on try and take it away from me,
boys''
Imperial Valley press., 1933-12-12
GRID RIVALS
SCHEDULED TO
BATTLE AGAIN

Football rivalry between Ell Cen
tro and BraWley for the present sea-
son is not finished according to an
announcement made here this
morning.
Arrangements have been made for
a game to be played between these
two teams under the auspices of
the Brawley and Ell Centre Elks on
the Spartan gridiron the evening
of December %, the proceeds from
the game to go to charity.
The teams facing each other for
this game will be All-Star aggrega-
lions composed of players from this
years high school and junior col
lege teams as well as alumni from
these institutions who have played
on college teams.
Those in charge of arrangements
for this game are making every ef-
fort to have the two squads just as
strong as possible and fans will
have an opportunity to see their
favorites of the current year as well
as others who have made Imperial
Valley gridiron history in action
once again. 1t is expected that
tickets for the game will go on sale
within a day or two.
Imperial Valley press., 1933-12-12
SEEK BAN ON
MEXICAN PEAS

Asking that the Washington
office of the farm bureau take up
the possibility of getting some gov
ernmental restriction on pea ship
ments from Mexico until after the
valley crop is out of the way, c. o,
Hoober, president of the Imperial
County Farm Bureau, sent a tele-
gram to Alex johnson, executive
secretary of the California Farm
Bureau Federation.
Hoober today was in receipt OF
an answer from Johnson which
stated that R. w. Blackburn, pres
ident of the state federation, is to
be in washington this week and
will take up the matter personally.