davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
INQUIRIES WELCOMED
Advisory Service Maintained by In
dianapOIis Bond and Share.

AS complete information as pos
sible concerning the credit status
Of the many counties, townships,
cities, towns, ETC., in Indiana is kept
by the Indianapolis Bond and Share
Corp.
AS a result Of these activities the
firm welcomes inquiries about all
types of securities.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
GROVE REPORTS GAIN

Sales for the first eleven months
increased so per cent over the cor
responding month last year, accord
ing to G. G. Grove, who operates a
general real estate and rental Office
at A Virginia-av.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
Hides and Skins

Hides-Green country COWS and steers,
sac fiat; green country bulls and Clues
&c fiat; green country calf hides. 41ac:
horse hides with full heads. shanks. names
and tails, $3.50. medium size. 81 All No.
pnies hall fff prce No I' rendered. taloW
t6i4l2c: No. 2 at value. Yellow grease
3m3i2c dark grease. 2l2M3c
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
TAKES NEW QUARTERS

The Decatur Carriage Co., of
which Ray G. Nease is the local
manager, has moved its Indianapo-
lis Office from 525 S. Pennsylvania st
to 1886 W. McCarCy-st.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
QUARTER CENTURY OLD

White Oak coal has been sold in
the Indianapolis market for the last
25 years. 1t is an outstanding West
Virginia smokeiess coal.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
Wealth Eedistributed

The year 1884 has been notable
over TIE United states in develop
ment Of the idea of redistribution Of
wealth. Ten years ago that theme
was as taboo as communism. Many
Of us believe in the profit system
as a stimulation to an industrial
system but I believe honest govern
ment is warranted in restraining a
profit system where it becomes in
ordinate and Injuries society. On
the other hand I believe 5 per cent
of an industry should not be allowed
to destroy 95 per cent Of the in
dustry.
That is what we call "bootlegging"
what the bootlegger calls com
petition But out of all the dis
ordered, thought in our nation,
many of us are sure the sanity OF
the American people finally will
prevail. Much good can come after
this fitful fever is over.
So frequently during 1884 we have
heard opponents, on various theories
of taxation, refer to selfish greed"
It is a favorite expression of one of
my friends who pays far less his
proportion of the tax burden than
any one I know. Yes, selfish greed
is at the bottom of it all. No one
can peer down the future far enough
to see it eliminated from human ma
ture. But when this human greed
precipitates itself in the open against
the taxpayers who are demanding
that the tax base be broadened to
save their homes and other proper
ty, greed must remember the trend
of the times.
The home owners or the property
owner will not be content 10 see
their savings wiped ouC by taxes,
while the man whose wealth is in
other forms escapes. IN a re-
cent brief filed in the Supreme
Court it was asserted that the in
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
tBy James E. Bennett)
LOCAL Cash MARKET

City grsin elevators are paying 81 cents
for No. soft red wheat. Other grades
on their merits. Cash corn No. yellow
IS cents and oats 48 cents
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
LIFE INSURANCE
UP FIRST Time
SINCE SLUMP
Vast Improvement Shown
in Repayment of
Policy Loans.
BY DAN w. FLICKINGER
President General Agents Assn. Of
Indiana polls


There are several ways of judging
progress made IN the life insurance
field during the last year. The ad-
United assets of legal reserve life
insurance companies operating
throughout the United States in
creased by 5000 100000 during 1884
and approximately $4,000, 900 900
over the total prevailing in 1929.
BY the end of 1884 there will be
approximately $4,000, 100000 life in
surance in force throughout the
United States, a slight loss from the
higher figure of over 100000, COCOON
in force at he beginning Of the de-
preston. During 1884, however,
there has Oeen a remarkable i'm
provement n lapSation and sur
renders with every indication point
ing to a net gain in force during
1885.
A total of s2,710,000OOO was paiG
to pOlicyholders throughout 1884,
only slightly less than the CORE
spending figure for 1888. This vast
sum Of benefits is divided as fol-
lows: Living claims. l. E., matursd
endownmentS, annuities, surrender
values. dividends and disability
benefits 81 1900 100000. Death
claims Including double indemnity
benefits, s9OOOOO,OOO In other
words, 50 in living claims for each
81 in death claims.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
New Insurance Up Fifth

A total of S14,OOO,OOO,OOO of new
life insurance was contracted for,
101 per cent more than in 1888!
This is the first depression year
which has shown an increased pro-
duction Of new business over the
preceding year.
Early in the year definite action
was taken throughout the country
by many groups toward improving
general business practices Of life in
surance field forces. In February,
the Managers and General Agents
Assn. of Indianapolis adopted a
code OF ethics. There is now also
before the Indianapolis Association
Of Life Underwriters a petition or
memorandum, pointing out the need
for further improvements in general
distribution and sale of life insur-
ance
That is, better selection of repre-
sentatives. more careful training Of
them. better control Of their &C
tivities. etc.-an to the end that
the general public may receive a
higher type of service from the
average life underwater.
A great increase has been shown
in all forms of group insurance
during 1894 Many firms are now
giving serious study to group pen
sion Or retirement plans. Much
is expected along these latter lines
during the next few years.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31

world should be taxed" In
that ancient record there is a
haunting parallelism with re-
cent annals.
The year 1884 shows more defaults
Of municipalities and units of gov
eminent incur union of states than
ever before in history. The bulk Of
taxes within those states were on
homes, real property representing
the savings of .lifetimes, and on
farms from whence the food comes.
The toll on farms and the income
from real property could not sus-
tain the tribute to Caesar.
Delinquent taxes piled up every
where. In this year 1884 we see
property destroyed by our system of
taxation-the ownership destroyed
just as effectively as if the property
we're swept by flames.
Examples in City
In our own beloved city we see q
modern fireproof office building that
cost something around S1,000,000
sold for $4,000. On Monument
Place we see the stock on one of our
finest structures selling for fourth
of its honest cost. On our main
street in the very heart of business
precincts, we see a hotel investment
wiped out because Of the three-fOld
increase of taxes within less than a
generation; and there never has
been a default in the rental by the
tenant. And on and on We could go
with these tales.
Ohio, Illinois, California, and
other states are far ahead of In
diana, because the $3.50 law has been
so juggled in this state by the
politicians that it lost its effective
ness except in a proportion Of the
counties. Even at that, the law
forced reductions Of between 40 and
so millions of taxes soon after its
enactment in 1882. This tax limita-
ton can not be aborted long. The
people will not permit it. They are
in an ugly mood, if the truth must
be known.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
Net Return Lower

Although showing a gradual de-
cline in net return on total assets
invested, such change is cause for
no corcern in view of the way its
assets are spread out over many
years. That is, the great bulk of
life insurance assets are now in
vested at the former higher rates
with maturitieS running many years
ahead. As a matter of future con-
sentative practice, however, some
companies have reduced their guar
anteed interest factor for reserve
calculation one-half of l per cent.
Marked improvement has been
shown in repayment of policy loans
during 1884 with millions of dollars
pouring back into the company'S
hands from this source. 1t can be
explained as resulting from three
factors: (a) improved business con-
ditions; Cb) increased confidence in
the companies; Co opportunity to
save 5 to 6 per cent interest charges.
Tremendous increases have been
shown in all forms of single pre-
MUM contracts purchased by the
American public during 1884, both
those for immediate income and
those for future income purposes.
This great influx of new money has
presented at times a somewhat diff
fcult investment problem for the
companies in the present unsettled
condition of the investment market.
Nevertheless it's having one good
effect: fastening the return Of sew
eraI leading companies back into the
first mortgage investment field, par
ticularly on individual home loans.
Several companies already are So
Letting and acting favoraby on APP
plications for such new loans,
though still on a rather conserva-
tive basis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31
NeU York Curb
CBy Abbott. Proctor g. Paine)
Money and Exchange
INDIANAPOLIS STATEMENT

INDIANAPOLIS STATEMENT
Clearings ..................$ 1,736 900 90
Debts 8 5S IVY IVY ~
Debts for the month ...... 1879, $50 900 90
C1earings for the year ...... 6l0, 843 000.0 90
Debts Tor the year ........ l, 558, 965 900 90
TREASURY STATEMENT
by United Press
WASHINGTON, Dec. 31-Government
expenses and receipts for the current
fiscal year to Dec. %. compared with the
period of the previous fiscal
So. 538. 294. Al s2.621s7O, 537. O3
Receipts. 1912, 007, 542.34 1.468 897 Gal IS
Deficit j. 1896, 286 861.07 1,152,972 595. rs
Cash bal. 1851 $50 249.18 1,072247, 019 .54
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-12-31

Quotations below are average wholesale
prices being offered to buyers by local
dealers.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14
Finney's Drug Stors
Has Been Redec0roted

Redecoration work ct Fiuneys ueuA
Store, at the corner a Broadway ayo-
nue. and Fourth g.. has lust bees
completed.
The store now has an enblEv noW
floor Of competition tile, rep1Aclng
the former tile floor. In addition, H.
glass counters IN The drug seoeo haeo
been reaTrauged. a1ofrding boEA 1noEe
room and better accommodates 1or
customers. n. ~ 4
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14

Thesc-"Curious Times'
These are curious times-people
become excited. and the honest are
condemned when they should be
complimented."
In tones so low. his arguments many
times were audible only to the jury
Thorp said, I'VE shall be worried, ma
turally-but II our government is any
thing-it will never abide q verdict
rendered because the nation Is look
ing at you."
His closing barb was q thrust ct
District Attorney p. w. Lanier, who
In his opening statement to the jlr-
orS told them that the eyes Of the
state and nation are upon you.''
The pointing finger flew about the
courtroom in accusation or defense
as each counsel brought his arguments
to the jury.
LANCER, his ever-present cigar ab-
sent. sat erect in his chair, intent On
each argument. weighing them In his
lawyers mind. Behind him. Vogel
leaned back, chewing on m unlighted
cigar.
The jurors. during the first Of the
arguments leaned back In their chairs,
legs crossed. knees held In their
hands. The air become hot and sui
try and motion seemed to be suspend
ed except before the jury box.
Only once did attorneys interrupt
the arguments Of the prosecution.
Harry Lashkowitz. associate govern
ment counsel. in his summing. re-
ferTed to the moratorium declared by
Governor LANCER.
and while the governor de-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14

Is not q crime that involves $l79.5U
but crime that goes to the very roots
of this government
He referred to statement made
previously to the jury by District At
torney p. w. Lanier, that the "eyes
of the nation are upon you" state
ment which drew fire from defense
attorneys.
Il agree with my illustrious chief,
said Lashkowitz. when he says that.
The offense against LANCER and his
associates, Lashkowitz continued, lis
a continuous one; 1t starts January
l, but keeps growing all the time UNI
til the last amount reaches one de-
fendant in this lawsuit"
This is not a matter that involves
only $l79.50. The other day ! count
ed up over ten million dollars that
came into North Dakota, one amount
to the emergency relief and the other
to the highway department" Lash
kowitz continued.
so. It's no small matter and many
more millions will come into the state
for the situation In which we Ameri-
cans find ourselves Is not over with. y
hangers "Own Word Convict"
He then referred to testimony given
by Governor Langer-"out Of the lips
Of the man in whom we reposed great
confidence-that mans own words
convict him before the bar Of justice. !"
Lashkowitz called attention to Cha
puts testimony which he termed a
political address"
He pointed to defense testimony
that the administration newspaper
was established to It u the truth
about the administration.
+ He exhibited pledge signed by state
emplOye In which they agreed pay
five per cent Of their salary in ex-
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14

Its an Important case; Import
! ant to the defendants because It In
volved the question Of whether these
men will lose their personal liberty
!. and be subjected to substantial fine
either or both
1T Is perhaps, the most important
case on. the part OF the government
that this jury will ever sit on.
1T involves the question Of whether
the supreme laws Of the United States
be carried out honestly or whether
they will be intcrfered with--thwart-
led by q corrupt administration Of in
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14

! man VINO mas worked on the SUI
preme court bench nigh unto a quar-.
tel Of century and against whom
there has never been a breath o.
suspicion; r. NJ. Stangler, head Of
the Bank Of North Dakota lin whom
you place the trust of handling hun.
dredS Of thousands of dollars; Mrs
Minnie Craig, speaker of the state
House Of Representatives. a woman
who would understand women,
Lee Nichols. Morton county auditor
who has been returned to the Office
he holds year after year by his coun-
tyr; Arthur e. Thompson, superin-
tendent OF public instruction. ap-
pointed because he represented educa.
tional. interests, though he Is opposed
~ the governor politically.
These are the folks he told Ewine
he wanted to take the responsibility
he could not take himself and who
the government In the same breath
would have you believe he appointed
to be able to defraud the government
Thorp said in concluding his analysis
Of the state committee.
Thorp then began 4 laudatory &C.
count Of the governors character.
rs Bill Langer the type Of man
that is or would be q conspirator?'
he asked. BILL LANCER stands out II
our generation as q man and q mind
He Is q leader. When Bill LANCER
conceived the idea that he would have
state employees support q newspaper
to get facts to the people. he didn't
wait to gather up q bunch Of people
with whom to have q conspiracy. He
is impulsive. He has the vaultine
ambition Of youth. He probably does
more In less time than any leader In
North Dakota and when he conceived
this plan In his mind it was conceived
and born In hts mind. When he was
In that automobile with Frank Vogel
and told vogel I'm going to put over
this newspaper and asked Frank what
he thought and Frank said he wai
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1934-06-14

lIAt WdS Vic IVAl CdOSC WHY t1lGJ
were led to believe that it was jot
Insurance in fact, and rot what they
were told. The evidence shows the
strong hand Of Washington-Ewine
came out here and demanded the
resignation Of Kinzer and came to the
conclusion that II don't do this.
too, will be shuffled into the dis.
card
II don't care about that-Im willing
% concede the truth Of all their stor-
ies-to concede 1t because the evil
dence does not show any conspiracy
to violate the statutes which have
been paraded before you
Il want to 60 further-Lanier made
the statement that all Of this money
went to Langer-it totals exactly
$179.50. and out Of five millions he
got $l79.5O. Out of approximately
$1,000 persons employed in relief, SIX
ere shown to have been solicited who
made payments and yet these defend
ants are charged with conspiring to
set all this money.
when you 60 into the jury room
! want YOU to look at the LANCER de-
post and accounts" Sinkler cited
various checks. claiming they were
used to pay expenses OF THE Leader
wherein do any Of these matters
rrove the conspiracy to solicit from
federal employees? That Is the only
question outside OF intent and know
ledge.
"Now-about this money-we admit
ted we received this money. There Is
no denial Of it 1t. We told you that
We would explain where 1t went. There
Is no dispute In this testimony as to
that particular question.
, I'm interested in this matter-have
the interests Of Governor LANCER ct
heart. I feel that you men here are
ready to say that there has been NO
evidence In this case that will lead
YOU to believe that LANCER or any Of
the ether defendants entered into a
conspiracy to defraud the government
Evening star., 1934-01-22
BALTIMORE & OHIO
PERSONNEL CHANGES
W. G. Brown Is Made Passenger
Traffic Manager Of Railroad
at Chicago.
BY the Associated Press.

oy tue ASeOCiatcu TIcSc.
BALTIMORE, January 22.-Nineteen
appointments and changes in the ad-
ministrative personnel Of the Baltimore
today by W. B. Galloway. general
passenger traffic manager of the line.
The announcement said the appoint
ments and changes would be effective
February l.
They are: w. G. Brown, as passenger
trafic manager at Chicago, in charge
Of the territory west of Buffalo, Pitts
burgh and Parkersburg; G. w. Squig-
gins, as assistant to the general passen-
ger traffic manager at Baltimore; w.
H. Abel. as special representative at
Chicago: w. E. Loves, as special rep
resentative at Baltimore; j. w. Whit
tington, as general passenger agent at
Cincinnati, Ohio, in charge Of Cincin-
natl, Columbus Dayton, Indianapolis
and Louisville agencies.
r. A. Pearce, as general passenger
agent at st. Louis, in charge OF st.
Louis, Knasas City, Tulsa, Dallas,
Houston. San Antonio and Little Rock
agencies; J. P. De Vaughn. as general
passenger agent at Pittsburgh, in charge
Of Pittsburgh, Rochester, Buffalo. Cleve-
land. Akron and Wheeling; ]. P Tag
gart as special representative at Pitts
burgh; D. L. Moorman, as general
passenger agent at Washington; E. F.
Schlottman, as assistant general passen-
ger agent for general office at Chicago;
z. j. Gleason, as assistant general
passenger agent for solicitation at Chi
cago.
W. D. Cornell, as division passenger
agent at Chicago; w. c. Stotler. as di-
vision passenger agent at Philadelphia;
r. c. Haase, as special representative
at Philadelphia; r. E. Coleman, as di-
vision passenger agent at Washington;
r. v. Johnston. as division passenger
agent at Detroit; G. c. Westcott, as
travelling passenger agent at Detroit;
agent at Columbus, Ohio; L. B. Jay, as
city passenger agent at Cincinnati,
Ohio.
Evening star., 1934-01-22
ASKS JEWISH WAR
AGAINST H|TLER|SM
Rabbi Wise in Talk Here De-
SCribeS 1t as Menace to
Civilization.

Urging the Jewish race to unite in a
battle against "Hitlerism." Rabbi
Stephen S. Wise Of New York. eminent
Jewish leader, last night asserted civili-
zat.on is today faced with its greatest
menace in a thousand years.
Speaking before a packed house at
the Jewish Community Center, DR.. Wise,
who is president of the American Jewish
Congress and Of the Jewish Institute of
Religion, said the endurance Of civiliza-
ton rests with the abolition Of Hit
lerism.
Dwelling on the horrors inflicted on
Jews in Germany, the speaker described
Hitlerism as becoming more than an
assault on Jews everywhere; it has be-
come menace to civilization"
Not Dealing With Germany.
I'VE are not dealing with Germany
tonight" he said. I'VE are dealing with
a country that has become a foul sub
stitute for the Germany that produced
such men as Wassermann and Mem
delSSohn. Why, in the land of Karl
Marx. Einstein and Goethe. should the
German-Jew be plunged overnight from
the heights of culture to the unfathom-
able depths of barbarism?
The day Is near when a voice must
be lifted up for all who are oppressed
in Germany today. We wish the Presi-
dent to avert war; A nation with one
race as its object Is found to collide
with other nations. So God grant that
this voice shall be lifted for peace and
justice"
Preceding DR.. Wise's talk, the Jewish
Community Center held its annual
election Of officers, naming Morris
Cafritz. prominent builder to head the
organization for the seventh consecu-
tive year.
Other Officers Chosen.
Other officers chosen were Benjamin
Ourisman, first vice president; David
Wiener. second vice president; Mrs.
Harry Viner, treasurer; Abe Shelter
man, recording secretary, and Moe
Gutenberg. corresponding secretary.
The group reelected is members of
its board Of trustees, comprising one
third Of the entire board whose elec-
tions came due at this time. They are
r. B. Behrend. Morris Gewirz, Simon
Hirshman. Harry King. Simon Lyon.
Leo Schlosberg. I. S. Turover, Mrs. A.
L. Dembitz, Charles A. Goldsmith. E.
T. Kaufman. Rabbi j. T. Loeb, NJ. D.
Rosenberg and Rabbi Abram Simon.
New board members elected are DR.. Ivy
Pelzman and Rabbi Soloman Metz.
The group heard the annual report
of Mr.. Cafritz and of Maurice Bisgyer,
executive director, who begins his
eleventh year in that Office today.
Rabbi Simon, who has been III for sew
eral weeks, was given an ovation on his
flrst public appearance In some time.
Evening star., 1934-01-22
.R|ST|NE HASTENS
RETURN TO CAPITAL
Special Prosecutor Coming
Here to Push Action IN
AirmaiI Inquiry.

Carl L. Ristine. who has been ao-
pointed special assistant to the Attorney
General with a view to possible prose-
cutions growing out Of the Senate in
vestigation Of ocean and airmatl CON-
tracts during the past administration.
was expected to arrive here late today
or tomorrow TO enter upon his assign
ment.
Ristine was notified by the Depart
ment OF Justice Saturday to hasten his
return to Washington. as the Depart
ment OF Justice Is desirous Of pushing
climax.
Senator Black. chairman Of the COM
mittee before which sensational charges
OF 1rregularity In awarding marine and
alrmail subsidies have been made by
numerous witnesses, planned to confer
today with ofiicials at the Department
OF Justice. Senator Black already has
turned over to the department tran
script OF testimony involving such names
as former Postmaster General Walter F.
Brown, Col. Charles A. Lindbergh and
Herbert Hoover, jr. Senator Black, 1t
was expected, will confer with Joseph B.
Keenan,, Assistant Attorney General, IN
charge OF the criminal division Of the
department
In the meantime it has been disclosed
that two witnesses who gave startling
testimony before the Black Committee.
are $25 a month clerical employees of
the Democratic National Committee.
The witnesses are James Maher and
Raymond Johns, attached to Post
master Farley's secretarial staff at the
Post Once Department. Both Maher
and Johns appeared little disturbed TO-
day by the disclosure" Johns ex-
planned that both he and Maher have
done considerable after -office-hour Sec
retarial work for Farley in connection
with work Of the National Committee,
and he said the small stipend was lust
supper money-hardly enough to justify
eating our dinners at the Willard. how
ever
Johns said that Maher had drawn
| similar compensation from former Post
master Generals Brown, Work, New and
Hayes. Neither Johns nor Maher
could say whether the extra pay in
| previous administrations came from
the Republican National Committee or
from the personal funds Of the Post.
masters General.