davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

day to approve the resolution af-
fecting S7O,0OOOOOO,OOO of public
and private bonds. mortgages and
contracts calling for payments in
gold.
Administration spokesman were
confident the legislation was con-
Stitutional. They held that deal
ings in gold affect the public in
terest." and, therefore, are subject
to federal regulation.
They described the measure as in
tended to legalize the situation
which has existed since the United
States went off the gold standard,
eliminate all uncertainty about
future nongold bonds being on an
equal basis with present obligations,
and make all obligations payable in
any kind of United States money.
Since the banning holiday no one
has been able to obtain gold, even
though he held bonds calling for
payment in the metal. Legally, how
ever. the treasury and other issuers
of bonds, have remained under
obligation to pay gold.
AT the same time the treasury has
power to take gold away from any
who might obtain it. The present
legislation, in the administration
view, simply clears up this contra
dictory situation in a way fair to all.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Wheat Up 3 Cents
BY HAROLD f.. RAINVILLE
United Press STAFF Correspondent

CHICAGO, May 27-Grains were
called upon to absorb tremendous
amount of profit-taking on the
Board of Trade today after the wild
opening, but the close still was
around 3 cents higher on wheat
and more than a cent higher on
corn.
The strength in stocks and per-
siStent buying by eastern interests
kept prices on the upgrade through
out although the best levels were
not held.
A large export business was re-
ported by Winnipeg overnight which
aided the market in maintaining It's
firmness.
Regardless Of expert opinion on
the gold STANDARD repeal resolution
offered in congress Friday, the pup
lie took it as meaning higher prices,
and bought in huge amounts.
All grains shared, although oats
again Jagged. At the top wheat was
37s cents higher.
At the close wheat was 22s to 25s
cents higher, corn Is to Is cents
higher, oats p to * cents higher,
rye IL to 2$s cents higher and
barley 23s cents higher. Provisions
were active and strong.
Cash prices were l to 2 cents
higher on wheat and corn. y to
cent higher on oats. Receipts were
seven cars Of wheat, ISL corn and IS
Of oats. Bookings of corn on the
rise amounted to 100000 bushels.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Boys SCHOOL
HEAD NAMED
DR.. E. Willard Dill Given
PIainfieId Post; Takes
Place of NeguS.

Appointment of DR.. E. Willard
Dill, Plainf1eld dentist, as superin-
tendent of the Indiana Boys school
was announced today at the state
house. On June IS he will succeed
o. w. Negus, considered by charity
authorities as one of the outstand-
ing boys school directors in the
nation.
DR.. Dill was a member of the
1888 legislature and went down the
line with the McNutt policies. Pro-
tests against his appointment are
reported to have been made to the
Governors Office by several groups.
Negus has been superintendent of
the institution since 1929 and previ-
ouSly was chief clerk, being named
to that post in 1913.
DR.. Dill is the thirteenth mem
Der Of the legislature to receive an
appointment.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

plunged over the inner guard rail.
exactly at the spot where Gardner
had crashed twenty-four hours be-
fore
Livingood, on the ninth lap of his
qualification, and Laddie Erbin, his
riding mechanic, were uninjured
and leaped from the machine as it
landed on all tours, after turning
an end-oyer-end loop. The car was
not damaged badly.
Five drivers qualified Friday.
They were Kelly Petillo III Yahr-
Miller Special, 1907 miles an hour:
Wesley Crawford, Boyle Valve, 1O9.-
862; Raoul Riganti, Golden Seal.
100081; Gene Haustein, Martz
Special, 107603; and Sam Palmer.
R. and w. Cam Special, 1O5.998.
To qualify, driver must drive
ten laps twenty-five niles at a
minimum speed of 100 miles an
hour. Only forty-two cars may
start in the race and if more than
that number qualify, the slowest will
be eliminated.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

$4,000, was filled along the sides
but the crowd gathered slowly.
Overhead scared the Goodyear
blimp like a silver fish of the air
contrasting against f1eecy cloud
bank with an observation balloon
and buzzing airplanes.
There could be no more impress
sive curtain raiser than the Pageant
of the Nations. In costumes dat
ing from the golden age of Greece
to modern times, groups from 80
nations passed in dress review.
Flowing robes of Japanese, classic
togas of the Greeks, flaming scarlet
of Italy'S daughters, Germans in the
ruffs and furbelows of the middle
ages, Britons in the native garb of
each dominion. and Hungarian
girls and men portrayed in their
dress the history Of their homeland.
At It'll a. m. a squadron of
thirty army planes from Patterson
field, Dayton, o., flew over in
echelon formation.
Farley, Governor Homer, Pre5i-
dent Rufus C. Dawes of the expo
sion, Mayor Edward j. Kelly of
Chicago, former Vice-President
Charles G. Dawes, ana other dig
Turn to Page Three
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
HOUSE PASSES
REVIVAL BILL
Proposals for Sharp Boost
in Upper Bracket In
come Tax Gain Favor.
BY WILLIAM F. KERRY
United Press STAFF Correspondent

WASHINGTON, May 27-Con-
gressional resentment stirred by the
Morgan investigation appeared like
ly today to result in senate amend
ment of the administration bust
ness recovery bill to lay new tax
burdens on large, rather than mod
crate, incomes.
Proposals for sharp increases in
the upper brackets of the income
tax, coupled with heavier Surtaxes.
were gaining support.
The recovery measure, carrying a
huge public works appropriation and
broad powers for the federal control
OF industrial production and work.
ing conditions, passed the house
Thursday after the hardest fight
of the present session. The vote
was 324 to rs
The 265 to 1877 vote by the house
against the sales tax as the means
for financing the administrations
$4,000, 100000 public works bond is
sue proved it shares President
Roosevelt's horror of a levy on
consumption.
Kills Sales Tax Chance
1t also apparently killed whatever
chances the sales tax might have
had in the senate.
just before the house vote late
Friday the activity of Democratic
whips against the sales tax indi-
Gated Mr.. RooSevelt's opposition to
it.
Irsurgent leaders Of the house
considered the income tax vote a
moral victory" and predicted the
senate would effect wholesale re-
visions in the $7oO,O00,OO0 revenue
clause.
This section, although revising
the met loss" income tax provision
under which many of the rich
escape taxes, still bears heavily on
the little fellow"
Income tax rates on the lower
brackets are boosted to provide rev.
enue to finnace the $1,000 900, 900
public works plan.
In addition, the present 1-cent
federal gasoline tax is increased to
IA cents.
Plug Income Tax Hole
All of the nuisance" and excuses
carried in the 1882 revenue act are
extended for an additional year,
until July l, 1885.
A last minute compromise trans
ferred the electric energy tax from
consumer to producer.
The house, at the last minute,
plugged one income tax hole. It al
tered the met loss" section to pre-
vent carryover of losses from one
year to another for purposes of in
come tax reduction. Few believe
the senate would be content with
this comparatively mild revision.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

1boCl1 d 1IlOIIIuIIlSIlU W NdlOTOuS Q6dC
The arrival of Postmaster Gen
eral James A. Farley signalized the
presence in spirit of President
Franklin D. Roosevelt, whose mes
sage marks the elimination of
mans most ambitious tribute to
progress.
The ceremonies were in the midst
of the 400-odd acres of a Century
Of Progress exposition-a Pandora
box of wonders of science, the arts.
and the humanities.
In military inpre SsiveneSs, the
parade moved into the stadium
after prelude Of the national an
them and brilliant pageant of the
nations.
In the van were motorcycle police.
followed by others, mounted and
afoot.
Led by the famous Black Horse
troop, came the official car bearing
Farley and Governor Henry Horner
of Illinois.
Bombs burst with puffs of thun-
der, dropping flags and the crowd
cheered.
A bright sun alternately smiled
down and scurried behind clouds.
The stadium, which seats some
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

starting lineup. Qualification trials
today will be held from 2 this after
noon to 7, and on Sunday during the
same hours.
Sundays time, however, may be
moved up to noon, if more than
dozen cars remain to take tests, it
was announced.
Qualifications started last Satur-
day, when sixteen drivers waged
battle of speed for the coveted front
row assignments. wild Bill" Cum
mings, idol of Indianapolis fans,
won the pole position with a speed
of 1882 miles an hour.
Three spills, none fatal, have
marred the time trials. Al Aspen
cracked early in the week. escaping
with severe bruises. William Speed
Gardner smashed the north wall
Thursday, suffering fractured
thigh and severe cuts and bruises.
Friday, Virgil Livingood, Ham
mond Und) pilot, lost control of
his machine as he was coming out
of the north turn and the car
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Speedway Rush Is On; Hotels
Report Thousands in City for Race

Indianapolis started to take on its
annual Decoration holiday atmos-
phere today, as thousands of visitors
came into the city for the 500-mile
automobile race at the Indianapolis
Motor Speedway on Tuesday, Me-
mortal day.
Five downtown hotels reported
that their facilities have been re-
served completely for race day eve,
and one other hosiery announced
it still was able to make a few reser-
vationS.
Almost all forecast that 1885
race year would be on par with
the 1882 Memorial day speed classic
Cars bearing license plates from
practically every state in the Union
were to be seen in the downtown
section and few machines were
in the city with Canadian license
tags.
Up to noon, thirty cars had
qualified to start the race and only
twelve places remain open in the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
STOCKS SOAR TO BEST LEVELS
M YEARS; GRAINS BOUND UP
Initiation Psychology Gain
Also Sends Cotton to
New Seasonal Top.
DOLLAR DROPS SHARPLY
Gold Repeal Order Sets Off
Frenzied Trading in
u. S. Markets.
BY ELMER c. Waller
United Press Financial Editor

NEW YORK, May ~
Spread of initiation psychology
today resulted in one Of the
most active Saturdays in the
history of the Stock Ex-
change.
1t also brought soaring prices for
grains, rise to new seasonal tops
in cotton, a new three and one-half
year high in May sugar. Hotpoint
rise in silver and a sharp drop in
the American dollar.
Sales totaled 4,31O,OOO shares, the
largest Saturday session since May
3, 1880, when the total sales were
4,867530 shares.
The Dow-Jones industrial and
railroad averages made new highs
since 1881, while the utility aver
age was at a new 1888 high. The
preliminary averages were: Indus
trials 1851, up 319; railroads 1928,
The word CLOSE" was printed on
the tape at 12:45 p. M. or forty-two
minutes after the last transaction
was made.
Gains Up to 10 Points
Closing prices registered gains
ranging to more than 10 points.
Union Pacific closed at 112, up 1912;
Du Pont 789i, up rs; American
Telephone 119H, up 5l2 points, and
United States Steel SO, up Ia.
Curb Exchange sales totaled
$4,000 shares, against 562. 900
shares Friday-a five-hour session
and 235,O00 a week ago.
Aggregate market value of ten
leading Curb issues was S7.O81 ,43O,-
868, against $6,824, 157, 786, a rise Of
$257 ,273O82.
Stocks mounted to the best levels
in two years with tickers so far
behind that traders were unable to
use the tape for a guide.
BY Has, or within fifteen min
utes of closing time, tickers we're
nearly a half hour late. Sales were
around 100000 shares.
Quotations were abbreviated to
the limit. Bond tickers carried
floor prices at ten-minute intervals
to facilitate trading.
Dollar Down on All Markets
Frenzied short covering and new
buying came into the market at
the opening.
The rise really began in the last
quarter hour Friday when the
Street was apprised of the admin
istration's plan to abrogate official
ly the gold cause.
After the New York close further
gains were made in the coast mar
Turn to Page Nine)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
MORGAN FIRM
DENIES TRYING
POLITICS RULE
Defense Against Charges of
Domination of Economic
System Mapped.
by NAY TUCKER,
Times Special Writer

WASHINGTON, May 81. - The
Morgan defense against charges of
attempted domination of American
economic and political systems, con-
troll of vast corporate empire, and
failure to pay income taxes for two
years has been obtained by the
Scripps-Howard newspapers in talks
with the firms partners, including
j. P. Morgan himself.
1t will be submitted before the
end Of the inquiry, which resumes
next Wednesday with threats of
new sensations.
These sensations will take the
form of three more lists of friends"
in high places allowed to benefit
from stock cut-ins, and revelation
that the two private companies I'M
der presidential investigation for
alleged misuse of government ma
chinery at Muscle Shoals belong to
the far-f1ung Morgan chain.
Deny WOOdin at Fault
In their defense, the Morgans will
insist there was no thought of in
f1uencing political or governmental
action by loans and stock cut-ins
made to leading figures, including
Treasury Secretary William H.
Woodin, Norman H. Davis, economic
and disarmament ambassador to
Europe; former President Calvin
Coolidge and others of high estate.
1t will point out meticulously that
M. Woodin himself did not know
until this year that he was to be-
come secretary of the treasury, and
that his selection came after Sen
ator Garter Glass Dem., Va) had
declined the post.
1t will be commended that a favor
performed four years before can not
be linked with Woodin's present i'm
portance and influence in the
financial world.
Within Law on Incomes
The same contention will be made
with respect to the benefits to Cool
idge and DaviS-namely that they
were not in office or public life at
the time Of the cut-in to the first,
and the loan to the Roosevelt
Finally, the firm will take the
position that the suspicious of Fer
dinand Pecora, committee counsel,
and many senators have no basis in
fact, no matter how it may appear
on the surface.
Disclosure that a few members of
the firm paid only $4,000 income
taxes in 1880, and nothing in the
two subsequent years, has not dis
turbed the Morgan men.
Their defense is that they simply |
paid in accord with the law as it
Turn to Page Three
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
WEALTHY WIDOW is
SLAIN IN BEDROOM
Police Start Search for Her
17-Year- old Son.
Bu United Press

By United Press
FLINT, Mich, May 27.-Mrs.
Bruce Macdonald, 65-year-old
wealthy widow of former banker,
was found beaten to death in the
bedroom of her home here today.
The body was discovered by her
maid.
Police started a search for her IT.
year-old son Balls, missing from the
Macdonald home since Friday night.
The aged widow, reputed to be one
OF the wealthiest women in Flint,
was slain some time between mid
night and $3.50 a. M, police said.
Her head had been crushed by
blows presumably from two book
ends, found near her body.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

The bond holders have formed
a protective" committee headed by
Sir Harry Gloster Armstrong, for
mer British consul-geaeral in New
York. to prosecut their case.
The protective" committee of
bondholders was organized TO take
united action against the United
States suspension OF the gold
clause, which provided that Sc
curities. such as Liberty bonds,
would be paid in gold.
The United Press learned from
members of the committee of its
formation and tire intended vlgor-
Gus court action following dis
patches Friday night from Wash
ington, reporting the measure to
repeal the gold standard act.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
HYMERA DEATH CASE
DEFENSE Is FINISHED
Slayer Suspect on Stand in Reedy
Murder Trial.
United Press

By bHtted Press
SULLIVAN, Ind, May 27-The
defense rested today in the case Of
Otis Turner. one Of six men charged
with numbering Andrew Reedy,
Hymera, and the latter's son Oral,
during an argument over a farm
mortgage foreclosure suit.
Turner was one of the last wit
neSses. He corroborated previous de-
Tense testimony that he was home
on the night Reedy and his son were
beaten fatally and shot.
He testified that his relations with
the elder Reedy were friendly.
The state alleged that six men, in
Guiding Turner, attacked Reedy
after the latter had filed a fore
closure suit against Turner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Passage Seen on Monday

BIZ nifcd FfcNS
WASHINGTON, May 27.-Con-
stitutionality of legislation pro-
posed by the administration to abro-
gate the gold clause in all public
and private obligations, present and
future, was debated today while
congress moved for early action on
the measure.
Aiming at passage in the house
on Monday, the house banking COM
mittee was summoned to meet to-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Slain Man Unknown Here

Records of the state criminal bu-
reau and city police department do
not contain the name of Donald
Murdoch, 35, alias Donald McGle-
more of indianapolis, identified as
the man slain in South Bend dur
ing gun duel in which two police
men were killed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
ORPHAN MISTREATMENT
CHARGE is HELD FALSE
Three Children Turned Over to
CutstOry of Mother by Judge.

Custody of three children, who
have been in a Lebanon orphans
home for almost a year, today was
given their mother, Mrs Margaret
Webb and their aunt, Mrs. Harry
Faux of near New Augusta.
L. Russell Newgent, special juven-
lie court Judge, directed that the
mother and children, Mary Ellen, 4;
Richard, 9, and Claude Jr, II, live
with Mrs. Faux.
Their father, Claude Webb, 1874
Nordyke avenue, who sought custody.
was granted permission to have his
two sons for two weeks each sum-
mer and for weekend visits.
The fathers charge that his son
was mistreated at the orphans
home was described by Newgent to-
day las wholly unwarranted"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Blast Kills 200
BIZ United Press

By United Press
TOXIC, May 27.-The BONN
islands, off the coast of Japan,
were rocked today by terrific
explosion in which 200 workers
were reported killed or injured.
The victims were engaged in
underground work on an en-
cheering project.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
RESIGNS STATE POST
Fit. Wayne DemOcat Quits Seat on
ReformatOry Board.

KeformatOry Board.
Business reasons" is given at the
Governors office as the cause of
resignation from the state reforma-
tory board of DR.. H. o. Bruggeman.
FIT. Wayne Democrat. who served
under the Leslie administration. No
successor has been named.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
BTtOns to Fight q. S.
Gold STANDARD Repeal
tcopvright. 1888. bv united Press,

securities in
tend to take action
the bonds the
lively TODAY
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
Dazzling Parade Marks
Opening of Worlds Fdir
Bombs Burst Bands Bare, Fleet of Planes Roars Over
head as Exposition Starts.
BY HARRISON SALISBURY
United Press STAFF Correspondent

SOLDIER FIELD, CHICAGO May 7-In this stately amph
thater in which the gathered
professional the 1888
1t breahtaking
oug and the OF bombs the Field
arnnrn1 Il 1aloro doad N
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27
City Man Killed in Gun
Battle After He Stays
South Bend Policemen
Murders Bring Definite Break Between Officials; Police
Chief Suspended by Mayor Pending Inquiry;
Stolen Car Causes Fatal Clash.

SOUTH BEND, Ind, May 27.-The body of man
who killed two policemen this morning before he was slain
by third officer identified today as Donald MURDOCH
35, alias Donald McGlemore INDIANAPOLIS
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-05-27

Indianapolis.
The Identification was made
by Miss Josephine Frost,
who claimed she was Muir
docks wife.
The Sayings brought a definite
break in Smouldering dispute be-
tween Police Chief John B. Kuespert
and Mayor w. R. Hinkle. The
mayor announced suspension of
Kuespert, pending an investigation.
Patrolman Delbert Thompson, 40,
and Charles Farkas, 81 we're victims
of Murdock's bullets. Murdoch was
shot by Patrolman Dan Martin.
Hinkle said today he was called
on the phone at his home early this
morning, and threatened with harm
if he showed up at the city hall.
He said the caller identified him
self as KUeSpert.
Met Slayer in Indianapolis
Miss Frost, who had been living
with Murdoch here for some time,
said she first met him in Indian
apolis about four months ago. He
TOLD her then, she said, that he was
a whisky runner.
Police identified him as the lone
bandit who robbed a restaurant
here few nights ago.
The suspension Of Kucspert also
was believed to have resulted from
a proposal he made late Friday that
salaries of all police and firemen
be reduced so per cent.
Kuespert and Hinkle have been
engaged in a verbal battle for
over their various proposals
for city economies.
Companion Is Arrested
A companion Of the killer was
arrested and held for questioning.
He gave his name as Thomas San
tos, and said he was gypsy travel
ing with a carnival playing on the
edge of the city.
After several hours of questioning,
police said that he had given them
no information regarding his COM
panion
Thompson was patrolling his west
side beat early this morning when
he recognized the license plates on
a stolen car He Communicated a
passing motorist, and caught up
with the first machine.
The driver and a. passenger
stepped out. Thompson started to
question them when the driver
started shooting. The policeman
fell mortally wounded, while his
assailant ducked down an alley.
The passenger, later identified as
ran across the street to
restaurant where he was arrested.
Nitroglycerin In Car
Farkas and Martin were in one of
the squad cars sent out in search of
the killer. They saw him about
twenty minutes later, attempting to
thumb" a ride out Of town.
AS they stopped to question him,
he opened fire, killing Farkas. Mar
tin returned the fire with shotgun,
killing the man instantly.
Martin was wounded in the arm,
but his condition was not serious.
The car had been stolen from
Toledo. In the back seat were found
nitroglycerin, and fuses, leading to
the theory that the unidentified
assassin was a safe blower.
Imperial Valley press., 1933-10-28
Methodist Episcopal

Church school, GAS a. m. Glasses
for all ages. A new class for junior
college students is we'll under way
with Mrs N. A. Contos as teacher.
Morning worship, IL O'Clock. Ser
mon by the pastor. Mrs. Foss will
play piano numbers as follows:
Prelude, "Flowers" Ritter; offer
tory, Song Without Words" Men
delssohnD.
The choir, with James Childs di-
recting, will sing the anthem by
Stolts, shepherd, with Thy Ten
derest Love-" For the morning solo,
DR.. R. c. Clemons will sing the we'll
known favorite This is My Task"
Epworth leagues, $50 p. m. Lea
der of Intermediates is Lucille Hay
mes, while Betty Surface will lead
the senior group. A half hour dis
cussion period follows the league
service.
A meeting of the official board is
called for Monday evening at 7:30.