davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-15

THIS artificial" creation is
Il really the cruz of the argu-
ment of this book since upon it
depends the vital question whether
any government, and Roosevelt in
particular. can in fact cure de-
preston by conscious and deliber-
ate enlargement of the supply Of
money. The general theory of the
matter is as follows:
If the amount of money in a
country. which is all owned by
somebody. keeps stable, while trade
and prices fall to say half their
former scale. people, on an aver
age. will-other things equal-be
boarding half the total money in
existence.
The boarded half will be re-
dundant from the point of view
of real business as distinct from
store of value" requirements.
The result is that, if the redund-
ant part were once more spent
with its normal velocity, owing,
say. to people no longer expect
ing prices to go on falling. in
creased buying would take place
from the shops. general trade
would improve. inventories would
decline. and prices would then
tend to rise.
Latent redundancy Of money,
in fact. by leading to an in
creased velocity. would also in
crease the velocity Of goods, and
this. by lowering stocks, would
tend 70 raise prices.
Conversely-and we are still con-
sidering the question Of redund-
ancy-if the bank balances Of ev-
erybody in a country we're sud-
denly doubled. a similar redund-
ancy of money would occur. The
owners of the extra money would
naturally desire to put it 70 some
profitable use. They would thus
tend 10 buy either income-giving
securities. or alternatively, to buy
commodities which would give
them some physical satisfaction.
This. again. would mean increased
buying from the shops. a fall in
inventories. a rise in prices, e
placement orders 10 producers,
and an Improvement in trade.
It is true that for a period peo-
pie may go on boarding either
new or old money which itself is
redundant, either through ner-
vousness or in the hope or fear Of
further falls in prices, but event.
ually there comes a point when
the condition of redundancy be-
comes so great that it induces
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-15

MOnday-HOw government by
devaluing gold increased potential
cash eserv by over $4,000, 900 900,
and by borrowing from banks
widened basis of credit.
Copyright, 1884, by Simon and Schuster.
Inc; distributed by United Feature
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-15
HIeemC TO Me
%
Haywood BROUN

MI JOHNSON in his dictionary. as everybody
y remembers. defined patriotism as the last refuge
OF q scoundrel" Some modern photographer ought
20 explain Communist plot as the first out Of any
reactionary Governor" These are the days in which
the Red menace" has become the straw for every
dying dynasty. L is utterly prepOsterous for Gov
eruor Green OF Rhode Island 10 declare that his state
is facing "a Communist uprising" I can not believe
that the Governor himself thinks this is true. In
my opinion he merely is clutching at a convenient
phrase. He is making much wider and more sweep
Ing claims concerning the power and prestige Of the
revolutionary groups than they ever have advanced
for themselves. I think the Governor means to
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-09-15
Let's DefctiOnize the Sea

A TOGETHER. the human race has little to
IA boast of its conduct. AS the stories Of the
Moro Castle and the President Cleveland come out,
sailors are revealed pickering, g~ossiping and con-
spring. The dead skipper of the Moro Castle,
Captain Willmott was a radio nut who liked to tune
in on crooners and police calls. He took a dislike
to George Alagna, the assistant radio man, and was
going to have him beached. But when the pressure
was turned on, Alagna was the bravest man on the
ship and the calmest with the exception Of George
Rogers, the chief radio man. Alagna finally wrung
out of Warns permission to call for help at the last
possible instant and, when the call had been sent,
dragged Rogers through the fire to the forecastle
deck.
On the President Cleveland, the deck officers
ganged up on their master, Captain Robert E. Carey.
and by previous arrangement ~blackened his repu-
tation before the inquiry. They said he was slow to
put out his boats and might have rescued people who
died. These are not the sort of sailormen that fic-
ton tells about, but maybe it would be a good idea,
while the inquiry is going to defictionize the sea
and seafaring.
Kipling, Conrad and McFee have led people to
expect much too much Of men who are only hard
driven employees of soulless corporations whose first
interest, when disaster happens, is to get the lawyers
down to the dock.
Copyright. 1884. BY United Feature Syndicate. Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
Produce Markets

Delivered in Indianapolis prices-Hens
ers over 5 lbs, lie: under lbs, &c; Leg
horn htHr. sprfingers &c; stays &c. LeghG nn
Sea- Under l6 S0cA &c. ducks 0S IA lbs and
over. full feathered and fat. &c: under Az
lbs, &c; geese. full feathered and, fat. &c;
No yTnng 6 hens to 0S 30 ba
old Old toms. Y Goc NJ. thin Crooked
35c; old guineas. Csc; No. strictly, fresh
egg case must weigh SIS lbs. gross: de-
ducction of 10c a pound for each pound
under SIS lbs. will be made. Butter--No /
asa 26c; No: 2. 22@23c. Butterfat-16c
quoted by the WadleY Company.
BY UNITED PRESS
CHICAGO, Jan: 10 Eggs = Market
22c; fresh graded firsts, 2112c dirties
1561Sc; current receipts 2034c; checks
l5418c. Butter-Market, steady; receipts
4,555 tubs; storage extras, 80 score. 191ac
storage standards, go score; 1slsc; extra
80 score, zoe; hrsts, sS@8912 score, 18120
19c; seconds. 86Q87l2 score, 171a618c
standards, 80 score, 19a4c; specials. 20l2 q
2Ic. Poultry-Market: unsettled receipts
horn chicks 8lac; colored springs. 13c
BOOSTERS, &c; chicks, lie; ducks. 9011c
geese, &c; black chicks, &c; Plymouth
Twins, 11M11lac Longhorns, 11!2@12c
moderate; demand and trading, good;
market. strong: Wisconsin Round Whites
s. .6Sls; Minnesota Red River ohios; / car
$1;70: Idaho Russets, S2g2.10 mostly $2.05
G2.10; Colorado McClures. $2100215:
shipments. 1923; arrivals, 60; on track. 2S1.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
On Commission Row

Jan. l8-
Fruits
Cranberries- Cape Cod early blacks, 25-
Grapes~semi sawdust. 2s-lb. lug. ss.25
Pears Washington A,Ajou, go. I65 Is
strawberrieswFlorida zoe per pint.
Bananas-Per pound. Sac.
Apples-wealthy. Wolf River. Grimes
Golden. Jonathan. Florida. s1.35G2 blu.
fancy Staymans. S2.25 a box.
OBSERVATION-DISCLOSURES
Oranges-California Navels $3.50 box
Vegetables
Cabbage-Eastern Danish, 5O-lb. bag
$1.65: new Texas. 50-lb. crate. So
Onions-Indiana white. 50-lb. bag. s1.40
Beans-Round stringless, hamper, $3.50
Beets-Bulk per bu.. 51.15; Texas. new
$3.50 a crate.
Carrots-California SO a crate; per doz.
60c; Michigan. $3.50 per crate doz.. 60c
bulk per bushel, S1l5.
aulihower-California u1-12sl. crate
Celery-Michigan Mammonth. dozen
65c medium bunch, 45c: hearts, s125; 49,
bunch per crate. Sl.25; California. S2.7S
crate.
Cucumbers- Florida, IS bushel; hot-
house, 81 per dozen.
$375@4; dollhouse. 15-lb. basket s1;25.
Observation-Disclosures buttn. 75c down.
Spinach-New Texas, 81 per bu.
Turnips-Per bu. 85c.
Tomatoes-Hothouse. $3.50.
Potatoes-Northern round whites. 100-lb
bag. $215 r. R. Ohios. l00-lb. bag. S2.15;
15-lb. bag 35c; Idaho Russets. l00-lb. bag
S2.25; Texas Triumphs, new. $1,8o. 50-lb
Sweet Potatoes-Nancy Halls, per bu.,
81 .600165.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
FUTURE PRICES
MOVE DOWN IN
NERVOUS TRADE
Wheat Values Drop Over a
Cent: Corn, Oats Off
FraCtionaIIy.
BY HARTMAN w. NICHOLS
United Press stan Correspondent

CHICAGO, Jan. 1s.-Grain mar
kets fluctuated nervously within
relatively narrow limits today on the
Chicago Board of Trade with prices
averaging somewhat lower.
At the finish wheat futures were
= to Is cents lower, corn was of
ss to = cent and oats were Is to q
cent lower.
Selling orders appeared on the
upturns and there was fair support
on the declines. The bulk OF bust
ness in wheat was within range
of around cent with buying of
that grain against sales Of corn.
Pit Gossip Favorable
Gossip around the pits indicated
a fairly liberal demand for cash
wheat from mills and other inter
ests and it was reported around
$4,000 bushels were sold by local
handlers today No estimates, how
ever, were available as to the total
business of the last fortnight al
though it was said a substantial
amount has changed hands.
A Minneapolis mill resumed grind
ing today after being idle for more
than three years. Another aspect
which cheered the trade was the ex-
pectation the visible supply Of
wheat would be pared in the govern
ment report Monday
Corn was under pressure a good
part of the day with some selling
of this grain by spreaders who were
buying wheat
Oats, Corn Easy
The bulk of the purchases to arr
rive today was made by local in
dustries and presumably repre-
sented grain to come in from outside
markets.
May rye went to a premium over
July at one time today and was in
clined to act rather tight at times.
Oats eaSed with corn.
Provisions were somewhat easier
with grains and on scattered selling
of lard
Receipts of wheat were 20 cars,
corn 10 cars, oats 10 cars, rye none,
and barley IT, The cash price for
wheat was 4 cent lower, corn was
unchanged to z cent lower and
oats were unchanged to p cent
lower.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
Other Livestock
BY UNITED PRESS

CHICAGO. Jan, 1 30 Hogs. Receipts Gel
bpSe b5n 1899 eosoO bs
pacing Csc sows: $27o@s: best, $si5: iIig6tt
hs d5 bGSS SgB IBIS $4,000 Sa and bs oh9 9ood and
choice, $s3OG$65 medium weights, 200
heavy WEIGHTS 25os5G Us, o goOsg 7sl and
lbs medium and choice, s2.60d3.15:
slaughter pigs, 1Q0-lsO lbs, good a and
choice. S2@3 Cattle Receipts 1000;
paid for f.096 h. long yearlings; several
Loads 7 best s msdu% To uH %eenfS
higher: slaughter cattle and vealers, steers.
$4,000 lbs, good and choice, $5.75Q7.35;
TBS bs s GOOD and choce $s@7a
1901 500 lbs. good and choice, $3.50
$50; 55O1,3 lbs, common and medium;
Choice Choice $45o@7 co@ EG and nd medium. So
and ti'G medium f5' $SS5a2'75; low cutter and
Guided, good. beef. $sG3 So; cutter, comon
and medium. $2,50@3.25: vealers, good and
choice, $5@6.5O; medium. $4@5;, Gull and
steers, 550-1,O5 lbs, goo dand choiee.
$3.75G5: common and medium, So 50@375.
sheep.Receipts' 10 GoOi lat lamb i,oI under Ter,
sales early; early best fed westerns will
oyer $3.50 early bids and sales on rather
plain xmas, $3.50, Sne6p slaughter
good and choice, sSG8.5O; common and
medium. S550@815: 1923 lbs. good and
choce $685. fTes s Weights IS FS0a a0a
and medium, sl.5o@2.75; feeding lambs.
5O-75 lbs, good and choice, s6.25@7.5O.
CINCINNATI, Jan. ,l8--Hogs-Receipts,
holdover 80; market active. mostly I5c
2sS-25G lbs, $s,S5; 259:soo lbs.; s.; 55@s 6;
$50; most most good PACKING sows, s2.5Oa2.7s'
Cattle Receipts, $50; calves, $50; gener-
ally around steady. cows, steady to weak
$3.50; fat cows, $2.25@S25: low cutters,
s25@225 bulls $2sO@s59 good to
ings, ss50@ $50. sheep-Receipts, 400; 50
direct and through; generally steady; bulk
good to, choice lambs quotable from S8@
outs, $500 $50; fat ewes, sS@4.
=, TOLEDO. Jan; 1S s;aJI2 1s5'
aa5SSt @ ed a hshf BULK he e. Sales
!@s.7O; pigs and lights ,s2@s; medium and
s Re- ms aF5s sts sad G sh
strong. Calves-Receipts. light; market.
steady; Sheep and lambs-Recelpts. light:
mf PIfTsB BE9R9H Jan. Is -Hogs-Receipts
3Soq e s. to bs soFssd 49,
100000 lbs, mostly -$S90@4; $50 lbs. up
9getabdle around $s75: u 1910 lbs $50
sows. S275 down. Cattie-Receipts, 100:
several loads, 12OO-1, 400 lbs. steers, $3.50
@5.15. Calves-Receipts, 1000: steady;
most sales closely sorted fat lambs $3.50;
common SAC $50: aged wethers. ,shorn
lambs, weak to 25c lower choice kinds
40 CLEVELAND. Jan. 18.-Cattle Receipts
400. market steady in slow trading. choice
steers, 1901. 100 lbs, s6@6.65; $4,000 lbs
s5@ $50; COOL 200 lbs 5.5o@6; heiferSS;
COOL 900 lbs. $425@475; good cows, all
weights, s2.50G3 Calves = $50; market
fairly steady but selling under highest
prices due to poor quality receipts choice
to prime, s7GF50; choice to good S6.50d
7; fair to good, $5@6.5O. Sheep, 500;
market i0@15c lower; choice wethers $3.50
6325; medium to good. $1s0G2; choice
spring lambs, s868.50; good to choice.
s750dS; medium to good. S6d7.50. Hogs.
1900; market active and steady; all sold;
heavies. S3.25m3.40; light butchers, $685.;
choice workers.. S385; pigs. s2.50d2,75.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
SWINE MARKET
UNCHANGED TO
5 CENTS HIGHER
Cattle. VeaIs Scarce and
Steady; Lambs Move
Upward.

Trading developed slow in the
hog market at the Union Stockyards
this morning, with practically all
classes, except $50 to 200 pounds,
holding steady with yesterdays
average The latter grades were
strong to mostly 5 cents higher.
Receipts continued above normal
and demand was considered fair.
The bulk, 100 to $50 pounds, sold
for $3.50 to $3.45. Largest kinds
weighing $50 pounds and upward
we're selling at 1925 to S3.45, while
smaller classes scaling $50 to 100
pounds were available at So to $685..
Light slaughter pigs weighing 100 to
100 pounds brought 81 to SITS. Re-
ceipts were estimated at 5000; hold
overs, 273.
Only slight change was evident in
the cattle market, with the general
trade unchanged at the previous
close. Few initial steer sales ranged
from 81 to $685. Receipts were 400.
Vealers held stationary, Salable at
$3.50 down. Receipts numbered 500.
Early strength appeared in the
lamb market and most classes ad-
vanced around Is cents above yes
terday's figures. Several loads OF
fed westerns sold at $3.50, while
native grades held at $3.50 down
Receipts we're 2,400.
Strong tone featured hog trading
at Chicago, with most bids and sales
around 5 to 10 cents higher than
yesterdays average. Initial top
held at $3.50. Receipts were esti-
mated at $4,000, including 5000;
holdovers, 1000. Cattle receipts
numbered 5000; calves, 1000; mar
ket strong to higher. Sheep receipts
were $4,000; market strong.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18


THERE is nothing aggressive
4 about putting the dollar on an
approximate equality with the chief
countries of the British group.
Now, it is true that at this level
the dollar is undervalued. That is
to say it will buy more goods in the
United States than it will buy out
side the United States. This gives
us an advantage in foreign trade.
But the British know that the adj
ministration is moving heaven and
earth to raise American prices and,
therefore, wipe out the advantage
just as fast as possible. And since
they know that they had the adj
vantage over us from September,
1881, until last May their own
sense of fairness will, we may be
sure, cause them to endure the
temporary advantage to us.
The present value of the dollar is.
moreover, by no means entirely dis
advantageous to Great Britain. The
British buy more from us than we
buy from them. So cheap dollar
enables them to buy cheaply. What
is more, as the London economist
recently showed, about three-quar-
tiers of British exports are not due to
conflicts between the exports.
So, the area in which they are at
a temporary disadvantage is rela-
lively small. And then, it should
be remembered that the internal
position in Britain is different from
ours. We need relation of prices
to make agriculture, real estate and
so forth solvent.
The British on the other hand,
need cheap imported food, cheap
imported raw materials and must
avoid a substantial rise in the cost
of living if they. are not to raise
wages and throw their industries
out of balance.
For all sorts of reasons, there
fore, it seems overwhelmingly clear
that the British will not start a
competition in currency deprecia-
ton, and we certainly won't. For we
have named the limits of our new
valuation and propose to tie our
hands by law.
The real international problems
are not due to conflicts betmeen
the British and ourselves. They
are our common problems in rela-
ton first, to overvalued gold cur
rencieS of the continent of Europe,
and the undervalued silver and pa
per currencies of the far east.
Copyright. 1884
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
Other Livestock
BY UNITED PRESS

LAFAYETTE, Jan. 18.-HogS on market
sesdy to- 70 92 cents higher 5G23 9S
SIS lbs, $325@335; I4O-17O lbs, $3a3.20;
l2O-14O lbs. $2.5O@2.75: 11O-l2O lbs, s2@
as fon lbs osve down S7 tGn 9 9bs 81
ceipts II, 500; market 10 to IS cents higher
than yesterdays average on $50 lbs.
down; heavier weights not established;
asking higher for pigs; ssows steady to
$S.65; packing sows, s24O@275. Cattle
Receipts. $500; calves, 1900; market
opened fully steady on steers, mixed year
early sales steady with bids unevenly
lower; bulls, 10 to Is cents lower; vealers.
25 cents higher with top $3.50; early
and heifsrs. $5.50S5; Top sausage bulls;
and choice. S5@6.50; common. and medium.
$3@5.5O; 1,1oO51 500 lbs, choice, s475@
Sheep-Receipts. $500; market, few choice
lambs to city butchers. $8.50d8.65; strong
to Is cents higher; packers talking. lower;
lambs, 80 lbs, down, good and choice,
9o-98 lbs good and choice, SITS $3.50;
choice, s5a7: ewes. eo-15O lbs. good and
and medium. s1.5O@2.75.
FT: WAYNE, Jan: Hogs-steady;
1OO-HOO 4OS. 9oOO, zOO-1OU IDS. So4Ot H0O-
300 lbs, SO IS: 300-350 lbs. So 20; l50-160
lbs, So; 140-150 lbs. S290; 130-140 lbs.
s2.70; 100-130 lbs. $40; roughs, So so;
stays, $1.75; calves. $3.50; western lambs.
So; native lambs, SITS.
By Times Special
LOUISVILLE, Jan. 18.-Cattle Receipts
l5O; demand rather limited for. slaughter
lower; other killing classes generally
steady: bulk common to medium steers and
heifers S3.75@4.75: only cutter grades SELL
ing below So so: well finished fed offerings.
$506; bulk beef cows, S2.5063; top. 81. SO;
low, cutters and cutters mostly $125d2.25:
bulk sausage bulls s2.59@3.25; common to
medium m e native ,stockers and feeders mostly
81 50G3.5 so; well bred beef types to around
$3.50. Calves-175; steady bulk better
grades s4.5o@5.5O; medium and lower
grades 81 down. Hogs-7oo; unevenly
steady to 15G70c higher: most advance on
weights from 110-125 lbs; bulk 160-210
lbs, $685.; few up to 230 lbs. at the top;
most 215-250 lbs, $3.60@3.75; 255 lbs, up
s3.55d3.65; .130-155 lbs, So So 110-125 lbs.
ss;25; los lbs, down, sIs5; sows. 50 So
stays. s1.20. Sheep = so; mostly steady
bulk medium to good lambs. s6d650
choice kinds quotable to 81 or better; COM
parable grade bucks discounted ST. most
throwouts 81; desirable ewes. So.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
CHICAGO FRUIT MARKET
By United Press

DW z TTtttW I T 700
CHICAGO, Jan. 1s.-Apples- Michigan
Jonathans S125Gl.65; Baldwins and Wag-
ners; Sl25GI so. Carrots-Illinois. 40G soc
bushel Spinach-Texas. 75c@sl.l0 bushel.
Beans-Southern green s1.75G225 bushel;
wax S1.75d2.50. Mushrooms-Illinois, l7l2
35c ID. cartons Cucumbers-Hothouse
s3256375 . doZ0. Tomatoes-Florida.
sl.75 $50 box; dollhouse. sl.25Gl35 IS
b. Leaf Lettuce-nlinois dollhouse. 17l2
a zoe box: Ohio. 10 h.. 65d70c. Celery
Wisconsin. si75G2 100 ID. sacks. Pars-
nips-Illinois 75cdsl bushel. Sweet Pota-
toes-Illinois. sl25 bushel; Indiana. 81. 400
lS5 bushel. Radishes-nlinois dollhouse.
35a75c doz punches. Rhubarb-Michigan
dollhouse. asa soc IS ID. cartonsl Onion
market so ID. sacksl western Valentias.
81 zoo 40. Central Western Yellows Sl.15
alas: Western Whites. Sl.75d2.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
STOCKS CLOSE
IRREGULAR IN
SMALL RANCE
Railroad Issues Advance on
Favorable CarIoading
Reports.
Average Stock Prices

Average Of thirty industrials for Wednes-
day-High 1O4s7. low 02.38. close 1903 so
up 10. Average Of twenty rails-46. 80
utiiities~2s.s. 35.si. 2s.I2. OF II. Average
Of forty bonds-s7ss up II. Average OF
ten first rails--93. q. up g. Average Of
az ten fndustrials-89 OF, of II Average
of ten utilities-93 CT. of %.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
CHICAGO CASH GRAIN


CHICAGO, Jan. 18.-Cash grain Wheat
No. hard, 9012c; No. mixed 8924c
Corn (new)--No. 2 mixed, 4934c; No 8
mixed. 49Q49l2c; No. mixed. ACC; No. 2
yellow, 50H651 sic; No. 3 yellow, 400 5012c:
No. 4 yellow, 48G ACC; No. yellow, asa
48Ac; No. white. 51@51H c; No. 8 white
4994 5012c sample grade white, 4534c.
No. white. 34A d3Sc; No. white, 38Ac;
No. white, 371ac. Rye-No sales. Bar
ley - Sales, 75@ TIC; quotable, asa 80c.
66.50. Cash provisions Lard, SIS SO;
loose. SAT-: leaf. s4.75: S. bellies. $3.50.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
U. S. DOLLAR STRONG
Closes at S4.97 to the Pound in
Foreign Exchange.
BIZ United Press

bN NlteG Press
LONDON. Jan. 1S.-The American
dollar scared in heavy trading today,
closing at S497 to the pound, the
lowest price since last Nov. 9. The
franc also strengthened. closing at
1912 to the pound.
In late dealings after the close of
the exchange. the dollar rose further
to $4.95 to the pound.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18

II, eAaIllpIe, you
look at the financial pages you read that Tues
day the dollar worth 1928 per cent of it's gold
value But if you look for the value of the pound all
you learn is that it worth S5O8. But how much
gold is that?
The financial editors compel you to do your
arithmetic find out and private arithmetic at least
my own, is troublesome and too reliable. How
ever make the pound worth about IS per cent gold
Now, let look at the other currenceS Of the
sterling bloc. There is the Canadian dollar make it,
as of Tuesday, worth about 81 per cent gold There is
the Australian sovereign make it about 50 per cent
gold The South African sovereign figure at little
more than IS per cent gold.
The Scandinavian currences are at or below so
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
yAN. is, 1884.
Wall Street
RoOseveIt's Message to Congress Suggests Com
promise Between Opposing Money Contestants.
BY RALPH HENDERSON,
Times Special Financial Writer

ROoss his to recently
compromise between the wishes Of the outright nfaonists
entirely line with
his mpathes his policy calls for
dollar Of nhationary
makes for the dollar to be backed by gold ne
conservative folks
established
sterilization tally
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
TOLEDO CASH GRAIN
1OLLDO N4AJHA ONt
By United Press

DY UHIItW 7 It66
TOLEDO, Jan. 18.-Grain close grain in
elevators. transit billing: Wheat,,-No. 2
Ted &C. 925 1896 cSa4 IN Yellow s.
28lac rate: Wheat-No 1 red. 89d891ac;
No. 2 red, 88M8812c. Corn-No. 2 yellow
5oAM 5212c; No yellow 495z@ Size No No
Oats-No. white 39@ 4O1ac; NO white
3812@40c. Toledo seed close: Glover
March, $3.50 Alsike-Cash, S875
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18

expected quarters that silver
be extensively a
deprived Of
which the
this the
the the
Essentially therefore all the of the gold does make it
the profit which will result from
revaluaon
be assumed that the President feels of his
purchase
gold
ton he thought might able this gold later he
probably would not have them that power.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
Today and Tomorrow
Danger of Currency War Between IT, S. and Great
Britain Is Discounted.
by WALTER LIPPMANN

MONG the things nobody this
going to be currency For to nobods advantage fight such
a anybody who will look
international
would make practice of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-01-18
U. S. Government Bonds
Jan. Is

BIZ United Press
NEW YORK Jan. 18.-Closing liberties.
(Decimals represent thirty seconds