davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
necessitate the adoption Of either a managed

necessitate the adoption Of either managed
currency or the compensated dollar. In the
former instance. the currency would be so
controlled by the central banks as to main
tain stability in the average of commodity
prices as a whole.
In the case Of the compensated dollar. the
weight of the gold in the dollar would be
altered in keeping with the index number Of
the wholesale prices of all important COM
modities If prices rose, the weight Of the
gold for which the dollar would exchange
would be increased by an exactly proportion
ate amount.
If prices fell the weight of gold would be
reduced accordingly. This would insure the
stability of the dollar in its general purchasing
power and would help to adjust both the tax
and debt structure to the prevailing level Of
commodity prices.
In spite of implications to the contrary in
the statements of his critics, Professor War
rem is not an advocate of fiat money. Indeed,
he holds that the printing presses never can
produce the desired rise in prices, unless we are
willing to rule gold entirely out of the picture.
This he obviously is not prepared to do.
In the Roosevelt policies as announced thus
far one easily may detect the deep influence
of Professor Warren's doctrine and advice.
Mr. Roosevelt has stated that he wishes to
stabilize prices at a fair just level He has de-
clared his desire for currency which will
provide relative permanance, uniformity and
fairness over the years.
This. as he frankly implies, will involve the
IF of
But. he has not pinned himself down spe-
cihcally to sterilization or 1926 prices nor in
dicated what form of managed currency he
favors.
Most of the specific monetary measures of
the administration likewise have reflected
Professor Warren's conceptions. On April 10
we abandoned the gold standard, in the sense
of any definite effort to MAINTAIN the dollar at
par in the foreign exchange. This has led
to cheapening of the dollar in terms of gold
The more recently adopted policy of buying
gold in both the domestic and foreign markets
is likewise designed to lower the value of the
dollar and to raise the price of gold in terms
of the dollar All of these policies are calcu-
lated to boost the prices of commodities in the
United States.
The President was given the power in the
Thomas bill to devalue the dollar down to
one-half of its present gold content, but he
has not yet exercised his right to do so. Nor
has he indicated to how great an extent he
will reduce the gold content of the dollar if he
decides to adopt this policy. The Thomas bill
also conferred upon him the authority to print
some s3,OO0,0O00OO in paper money, but he has
thus far refrained from moving in this direc-
ton.
In his restraint, as we'll as in his positive
measures Mr.. Roosevelt has thus operated
in harmony with the doctrines of Professor
Warren.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
SATURDAY. DEC %. 1888.
BUTLER MUST GO FORWARD

INDIANAPOLIS should be gratified that in
vestigators from the North Central Asso-
citation Of Universities and Secondary Schools
are not planning at this time to recommend
the SUSPENSION OF Butler from the organiza-
ton. To lose standing with the association
simply would mean that Butler never could
become great university but would have to
contract to a narrow, denominational college
OF small standing in the academic world.
DR.. Walter Scott Athearn, discharged presi-
dent of the institution has submitted a long.
carefully written report to the North Central
in which he has made certain constructive
criticisms Of the management of Butler, par
directors.
Before making this report public he offered
to arbitrate his differences with the directors
through board Of five nationally known edu-
Gators. The directors made no reply to this
tender Moreover, it is understood that they
categorically deny all Of DR.. Athearn's charges.
Now that there appears to be no chance of
Butler being removed from the North Central
list the time has come for washing out of all
the criticisms for all time. Only the North
Central can do this. It should make the most
careful study of the whole situation and rec
Buffers trustees should give such recon-
mendations the most sober consideration.
Once these differences are settled the COL
lege can forge ahead to a bigger and better
Butler.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

attempt an answer, but I wish all
the dissatisfied young men would
make some attempt to give her an
intelligent reply. Her dilemma, after
all, deserves consideration by all
who profess to be concerned over
the morals of women. At present,
it is part Of an important social
problem.
And it is the men themselves who
have the power to settle the matter.
Their attention sets the seal Of ap-
prevail upon any code of morals and
any fashion in behavior.
just between you and me and the
little girl in Texas, 1 wish they'd
make up their minds about what
they want. because somehow they
seem rather more muddled than
usual over this matter.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
: THE INDIANAPOLIS TIMES
CHRISTMAS PARDONs

FOLLOWING a custom as old as the middle
l. ages, Governors of states have freed from
prison through Christmas pardons and paroles
more than TOO prisoners.
The largest single stocking full of holiday
paroles was handed out by Governor Miller Of
Alabama, who with a stroke Of his pen from
sick bed released for the holidays 298 men.
Certain that they will all come back to prison
on Jan. l. he said
Il know they won't break faith"
What President Roosevelt intends to do
about the 1900 federal prisoners serving time
for dry law violations is not known, except
that he probably will not issue a blanket
amnesty. The encouragement recommends
that each case be treated on its merit. This
is sensible
1t seems a pity, however, that the freeing Of
worthy and eligible prisoners should await a
surge of holiday sentiment. There is far too
much emotionalsm, far too little science, in
the treatment of prisoners in this country.
Neither vengeance nor sentimentality has a
place in modern penal system.
States generally would do we'll to develop
expertly- manned probation systems, such as
the federal governments. States like New
York and Massachusetts already have done so.
The government, with 10000 men and women
in the "unwalled prison" of its probation sys-
tenn, saves great sums of money and prevents
useless suffering Fourteen states have no
adult probation laws
The wider use of scientific parole and pro-
baton systems throughout the year would bet
ter serve the ends of justice than acts of senti-
ment, no matter how generous, limited to
Christmas time.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
Try Tax LaW

A LII through 1924 when the Re-
L n publicanS were elected again,
all through the successful cam
paigns of Big Bill Thompson and
Len Small in Illinois and of Jimmy
Walker in New York the citizens
kept a hard face for the players
who had betrayed the confidence of
the public.
On my part, thought the Chi
cago prosecutor should have fun
bled through the books until he
found some law by which it would
have been possible to suit the pun
iShment to the offense of those
Black Sox players. Or the govern
ment should have gone after them
under the income tax law. 1t was
a great demonstration of the popu-
lar instinct for square dealing and
good conduct in positions of great
public trust, however, that the citi-
zens did not simply chuck every
thing after the boys wiggled off the
hook. Their faith had been tested
severely but they carried on, alert
" PCINClNC u uC llOIlcSby Vi IllOllN6
and nobility Of character in public
men and to reward it with the
highest offices within their gift.
In New York, in fact, they are
rewarding merit and long public
service with pensions, proving that
if man totes fair with the citizens
and gives them honest service, they
will show their gratitude just as
they will turn on man who throws
a ball game and crush him.
I am against the proposal to re-
instate Jackson feeling that he and
the others should be made horrible
examples of. Show them any con-
sideration and you will set an ex-
ample which might lead to grating
in public Office, contempt for the
public intelligence and the degrada-
ton Of government particularly in
Chicago, New York and Illinois.
Jimmy Walker was a lover of base
ball. too, at the time of the world
series scandal and the shocking dis
closures Of 1920 undoubtedly served
to confirm his devotion to duty.
The question of Jackson's REIN
statement simply comes to this:
Will the citizens condone miscon-
duct in the high places Of American
life or will they not?
Copyright, 1888 by United Features
Syndicate, Inc
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
Fair
Enough
by wFsTBRooK PEGLER-

THE movement to obtain a writ
Il of amnesty for Shoeless Joe
Jackson. the old ball-player who
was ruled out Of the game amid
great public horror in 1920. reminds
me that sin does not pay and that
1 had better be good or I will get
mine. 1t was dreadful thing that
ShoelesS Joe did in the world series
Of 1919 between the White Sox. of
which he was a member, and the
Cincinnati Reds.
He was one of a group of White
Sox players who conspired with GER
tain agents Of the late Arnold
Rothstein. the celebrated sinister
character of New York. to throw
the world series to the Reds. The
facts did not come out until the last
weeks Of the 1920 season but when
they did, justice was terrible and
swift.
Jackson, who was not very intel
lectual, and seven other conspira-
tors were ruled out of organized
baseball for life and they might
have been sent to prison if there
had been some law covering such
an offense. In fact. an effort was
made to send them to prison for
this betrayal of a sacred public
trust but, owing to an unfortunate
oversight of the legislature, the
worst that could be alleged against
the erring brothers was that they
had failed to put forth their best
efforts on behalf of their employer,
the late Charlie Comiskey.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
v a Times Reader.

BY a Times Reader
In answer to the editorial of the
Times Booster" regarding the rates
of pay and the men chosen for fore
men and timekeepers on the CWA
projects, where did he get his in
formation? If he would call around
at the offices Cor shacks) of some of
these projects and look over the
workers he surely won't find them
lowering around a stove.
At most Of the projects the labor
ers start to work at a. m. and
quit at 2:30 p. m. But the men in
the offices, in order to check these
men in and out must be there about
tbs and leave the job about or
p. m.
And furthermore, most of the men
on these jobs receive so cents an
hour, not rs cents or $120. And
they are allowed pay but for thirty
hours a week, although they work
from forty to fifty hours week. At
some projects they have worked far
into the night and on Sundays, but
they receive thirty hours pay for
this.
So, if the writer of this editorial
will call at some of the projects, he
will find out that he is far from
right, and that the men on these
jobs are not politically selected. He
will find that many are relieved
from their jobs with picks and shov-
els and put to work checking time,
and that many others are men from
the county basket workers. We sin
cerely hope that Times Booster
gets on as a timekeeper so that he
can find out for himself just how
they really do.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
: A Woman's Viewpoint :

THE young man recently referred
Il to in this column, who consid-
ers modern girls too lacking in the
virtues to make good wives, has few
sympathizers, even among his own
sex. Letters about him for the most
part resent his attitude.
Some give him a severe drubbing,
some argue for the single standard,
some preach, some moralize. But
the following letter from a Texas
girl. possessing the grace of stark
simplicity and not indulging in So
phistrieS or PHILOSOPHERS, answers
him with complete candor and offers
an argument for which there is no
rebuttal. Here it isa
Il read the article in which you
quoted letter from a young man
giving his idea of what a girl ought
to be. Strange as it may seem, I
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
A Furious POpuIace

VOU can not send a man to pri~
Il son merely because he does not
put forth his best efforts for lis
employer. In this case the en-
ployer fired the boys and conspired
with all the other employers in the
same line of business to keep them
out Of the business forever. That
was all that could be done to them
except, of course, that they were
held up to public scorn all over the
country. The public was aghast
about it all and the conspirators
skunk away and tried to hide.
The disclosures came about the
time that the citizens were fixing
to elect Mr.. Harding president.
They did not figure in the cam
paign at all but I mention this fact
to indicate what the citizens mood
was at the time. They were furi-
Gus against the men who had be-
trayed their confidence in the world
series which is the annual autumn
blue ribbon classic of the great ma
tional game.
Unless they have softened lately,
they never have forgiven the per-
fidy of the White SoX who marred
the brightest illusion and shook the
innocent confidence of American
youth. That was the real evil of it.
Little, dirty-faced kids in the street
who believed in baseball and made
heroes of such as Joe Jackson, read
in the papers that the world series
had been a fake and there is no
way of telling what effect it had
on their lives.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
By. MRS. WALTER FERGUSON

fit everything he says. I do not
smoke, drink or pet. I never slave
kissed boy. q shan't tell my age,
but I am old enough to be in COL
lege) And Schubert's Serenade is
my favorite. I play it often.
But though I often have read
that boys prefer my type, I never
have dates. The men do not seem
to like me. And it can't be because
I am homely, for I am not. and
dress as well as the average girl.
60 I have begun to wonder if
~ the men really mean what they
say. Do you think they do, Mrs.
Ferguson? Does it pay a girl to
keep herself upright and clean?
Have I been wrong in trying to be
good?"
Being none too wise, I shall not
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
THE WARREN PLAN

PROFESSOR WARREN lays great stress
l. upon the assertion that the striking de-
cline in prices since 1929 has held up business
revival. because the business man could not
produce and sell at prices high enough to in
sure profit. The large debtor class. more
over, is crushed under the necessity of paying
of its Indebtedness in money which now is
worth much more as purchasing power than
it was when borrowed.
1t is Professor Warren's contention that the
only way out lies in reducing the gold content
OF the dollar or in raising the price Of gold in
connection with managed currency Either
of these expedients. he believes would raise
prices and assure a return of prosperity
To be precise, he believes that our ideal
should be monetary policy which would re-
store the general price level of 1926. Prices
during this year were reasonably intermed-
ate between the excessively high prices of
1928-29 and the fatally low prices of the latter
part of the Hoover administration
The price level of 1926 also is believed likely
to assure the best equilibrium between the de-
mand for gold and the existing supply there
Of Productive business, the debtor class the
farmers and the wage-earning group. it is
hoped, will all be served best by an approx
mate return to 1925 levels of prices and wages
The year 1926 already is used by the bureau
of labor statistics as 100 in the index of whole
sale prices of commodities sold in the United
States. Using this base for computation, the
index number for the average wholesale prices
of the fifteen years from 1918 to 1892 inclusive.
is 102. AS an indication of how prices had
fallen at the outset of the Roosevelt admin
istration the Index average for March, 1888.
was 60. On March 4, 1888 the dollar was worth
s16s in terms of the 1926 index
Professor Warren is not believer in IN
limited imitation. or. to use the term he pre-
fers relation. He believes in sterilization.
but wishes to stabilize at prices which will
make possible return to prosperity and will
assure relative permanence of such restored
prosperity
That would mean not only a temporary
return to 1925 prices, but a monetary policy
which would perpetuate them. This does not
imply that the price of any given commodity
would thereafter be free from fuctuation.
What is hoped for is the attainment of rela-
tive freedom from sweeping fluctuations in
commodity prices as whole.
Professor Warren contends that no such
permanent sterilization of fair prices can be
possible. so long as We rely solely upon the
supply of and demand for a single commodity
-gold-as the basis for price determination.
A rise in prices sufficient to restore the 1926
level might be achieved according to Professor
Warren, In number of ways. These are cur
rency expansion, the reconciliation of silver.
the coming of an amalgum dollar containing
both gold and silver. the devaluation of the
gold dollar by reducing the weight of the gold
therein. and the like
BUT something more far-reaching will be
required to keep prices approximately at this
level To bring about the latter result will
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
DisillusiOn
BY HAROLD FRENCH

BY HAROLD FRENCH
A dishonored myrtle in my hand,
And I am wild with rue
For shadowy night when sequoias
locked
Above me, two by two.
A distorted image in my eyes.
For have kept a tryst
With demon woman-Janus-cl clothed
Maid of the mist
A shuddering cry within my throat
How deep the Sinking grass!
Incredible that it should hold me
here
And let the woman passD
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
STATE LOTTERIES

IT is interesting to note that the legislature
of Maine is going to be asked this winter
to establish a state lottery. One of the legisla-
tors has bill ready to submit, establishing
such lottery, granting cities and towns the
right to participate and offering them share
in the profits if they do So
Preparing bill for submission and actually
getting it adopted are. of course, two entirely
different things, and one probably is safe in
predicting that Maine will turn thumbs down
on this plan.
But it is worth remembering that legisla-
tors in other states have been preparing SINH
lar bills and that we seem to be witnessing
a curious revival of sentiment in favor of lot
teries.
What has happened to. us. anyway? Are
We losing our old distaste for such schemes?
Or has the depression made some of us feel
that any method by which state can get
money is bound to be good one?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
Que tons and
Answers

Q-How many children are eri-
ployed in the mining industry in
the United States?
AIN 1880 there we're 1904
employed in coal mines, of whom
about half were in Pennsylvania
and 1885 children employed in
mines of all kinds.
Q-What is the duty on i'm
ported diamonds in the United
States?
A-Diamonds set in jewelry, 80
per cent ad valorem; cut, but I'M
set, 10 per cent; and uncut. no
duty.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

Sinclair Lewis objected to having his pic
ture taken while eating. the other evening.
But did he consider that the photographers
might have objected to taking his picture. too?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23


35 cents. But he needed a change, ,"
asked for it, and got it. Moral:
Stay sober on election day.
In your editorial "a Voice Is
Needed" step softly please. Ameri-
cans too docile as audiences, are
better than bowling mobs. Or may
be they, like Mark Twains Royal
nonesuch" audience, want their
friends sold, too.
BY Sherman Long.
Those who would abolish town
ships in Indiana show substantial
evidence of political efficiency and
genuine craftsmanship. Such an
tiquated and unnecessary units of
government should have been elimi-
mated long ago.
A more centralized and econom-
ical seat Of state and county gov
eminent is very appropriate for the
public in general, also especially
essential to the relief of tax bur
dened citizens throughout the state.
Only those desiring political favor
would seek to maintain con-
tlnued function Of excessive and ex-
penSive units of government, though
the opponents to the proposition
say it is unconstitutional to alter
nate or abolish certain forms Of
government.
This should be given very little
attention and should be regarded
as political job hunting, mainly
due to the fact that the Constitu-
ton does not specify any limited
amount of townships, making the
problem easy to solve. Townships
can be reduced to a much smaller
number, allowing their existence
only in counties where services are
most needed and particularly appre-
ciated.
There are emphatically several
unquestionable and logical reasons
why the immediate adjustment of
large number of unimportant
units of government are so vastly
important to the economical better
ment Of all concerned. A large
amount Of funds set aside for The
maintenance of undesirable Offices
could be utilized to promote more
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

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The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23
:: The Message Center ::
Time Keepers

holly dapprOve you say your
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

sfhFPp . y o - AAp
Gfre Light and the
People WHl Find
Their Ocn Wav
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

hone Riley 55j1
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1933-12-23

Times readers are mvited to express,
their Uietos in these columns. Make your
letters short, so all can hare chance
Limit them to ESQ 1cords or IesS)