davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
Your He ath
by DIR. MORRIS FISHBEIN-

VXTHEN one of your joints is subjected to severe
W and sudden strain. the ligaments and muscles
associated with the joint give way. Usually the
Gle tissue will tear first and the ligament afterward
since the Heaments are stronger.
The amount Of tearing of the ligament may vary
from the splitting OF few of its 1berS to a complete
pulling away Of the ligament from the bone, part of
the bone also coming with it.
Usually the important step to take under
such circumstances is TO make certain that there has
not been fracture breaking of the bone. The
x-ray picture particularly several pictures taken
from different angles. will reveal whether the bone
has been broken.
Sometimes for comparison. YOU should have an
X-ray picture of the corresponding joint the OPP
pOsite side Of the body After it has been determined
that the bone has not been broken it is usually Gus
tomary to apply bandage to make certain that the
joint Will be protected and properly supported.
CONIETINlES healing can be fastened by bathing
- the affected joint in hot water or by applying
heat in some similar manner. Sometimes also it is
helpful to have light massage at first gradual in
creasng the manipulation as the joint improves.
In bandaging sprained ankles, it is important
that the bandage come around the heel a sufficient
number Of times TO give full support.
Some persons suffer from what might be called
a chronic Spraining OF joint With them the
cident occurs SO frequently and the repair takes
place SO slowly that the Joint is constantly in a
condition of swelling. Inflammation and irritation
Under such circumstances, adheSionS may form
IN the JOINT and II becomes for specialist in ortho
pedic surgery 70 manipulate the JOINT, breaking up
these adheSions and obtaining healing with proper
loOSeneSS Of movement.
WHEN adhesions form. they cause limitation Of
w movement. They also give feeling of IN
steadness and some pain. because the pull is in the
wrong direction.
In most cases competent surgeon will see to it
that the patient is under anesthetc during such
anpulationS as relief for the pain associated with
them.
Remember that the term sprain is not an accurate
diagnosis. This depends on study Of the Joint in
volved with determination OF just what structures
have been injured
New types of bandages have been developed which
are elastic and adhesive and which aid TO hold the
tissues in place the time permitting the per-
son concerned 10 use the joint involved.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

mission. Then under Wilson the
famous money trust investigation
by the Pujo committee and con-
Quoted by Samuel Untermyer
went into the performances Of the
exchange. Later bill was intro
duced to curb it But the war
ended that fight as it ended so
many other forward-looking move
ments then under way.
THEN as this depression be-
i came more bewildering and
people got to crying for visual
devil, a clamor went up for the
blood of the money changers" in
Wall Street. It was a strange cry.
The wrath was not directed so
much at the sins Of the exchange
in the old bull period, but at the
part it was now supposed to play
in depressing prices and pro-
longing the depression.
Business men in New York de-
clared that bear raiders-short
sellers who were unloading shares
were demOralizing the market
and injecting the whole nation
with new infusions of gloom.
Finally on July 10, 1881, President
Hoover launched a bolt at the
raiders"
He charged that the manipula-
tors were driving the markets
down and that if these gentlemen
had a sense Of patriotism they
would close out their manipula-
tionS at once.
AS Christmas, 1881, dawned the
gloom was pretty thick. The Aus
trian Credit AnStalt had failed in
September. Hoover had granted
the German moratorium, Eng
land had gone off the gold stand
ard and the nation was swept by
a tidal wave of bank failures-a
thousand in three months. Still
the bears kept up their raids.
L never believed these raids were
forcing stocks down. The whole
business structure was falling
apart. Nobody wanted to buy
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

Co. This was almost unbelievable.
Up to now the House of Morgan
was kind Of sanctuary in Wall
Street.
The presence of investigators
on the books of j. P. Morgan 81
Co. gave Wall Street a sinking
feeling. In the midst of this the
fateful day OF the Inauguration
arrived and with it, as the clos
ing chapter of Herbert Hoover's
ultimate regime, every bank in
America had to be closed.
But the investigation which had
been launched to beSmirch a few
Wall Street politicians had devel-
oped into the greatest probe OF
OUR financial world in history.
The credit for this must be CIV
en- to a man whose name is seldom
mentioned in stories of the inves-
tigation-Senator Peter Norbeck
of South Dakota. This alone is
what saved it from suppression.
Some day Senator Norbeck may
choose to tell the pressure that
was applied to him to bring the
hearings to an end. And some OF
that pressure was applied right
inside the committee.
1t is one Of the strange facts Of
this whole story that the investi-
cation was made by the senate
banking committee which was
overwhelmingly hostile to the in
vestigation. 1t would have killed
it off early in the game.
But after Pecora'S sensational
exposure of Mitchell and the Ma
tional City Bank and later of the
Morgans and their escape from
income taxes for three years, sup
preston was impossible.
DUT the efforts never ceased.
ID Pecora himself was contin-
ually subjected to them. Wall
Street always used one powerful
weapon. call it the terror"
1t is often easy to brighten man
in positions of great responsibility
away from course if enough
people in whom they have conf
dence will keep pointing out to
them that they are inviting ma
tional disaster.
have seen more than one good
man draw back in the face of this
technique. The big bankers, the
exchange, great politicians of both
parties turned this terror on Sen
ator Fletcher and the committee,
just as they are now applying it
to the securities exchange COM
mission to scarce them away from
drastic control of the Stock Ex-
change.
When the Democrats took con-
troll of the Senate, Senator Dun
can U. Fletcher of Florida became
chairman and assumed direction
of the probe. This was a lucky
circumstance, for through the re-
naming year he stood like a rock
behind Ferdinand Pecora and did
not, so far as I was able to see,
give an inch in the face of the
most powerful forces.
TOmOrrOw-WalI Street Under
the Microscope.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

that this was going to be an in
vestigation of Wall Street from
stem to stern. And that an
nouncement sent a tremor of
terror drought every stock ex-
change and every shaky bank in
the United States.
From April to June, 1882, and
then from January, 1888, right up
to the Inauguration of President
Roosevelt the committee ham
mered away. There had been a
succession of counsel. But final
ly Senator Norbeck, Republican
chairman of the committee, en-
gagged Ferdinand Pecora, a New
York lawyer, to conduct the in
vestigation.
This was stroke Of good for
tune for the nation and from the
moment of Pecora's assumption
of control things began to happen.
BY the time President Roose-
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

welt was inaugurated, Pecora had
already amazed the country with
the exposure of Charles Mitchell,
president of the National City
bank in New York, one of the
great banks of the world. He
drove Mitchell from the headShip
of the bank.
He shook the conscience of the
people with the astounding story
Of the manner in which a few
big fnanciers and promoters had
used the resources of a great bank
to feather their own nests. When
the New Deal was launched
MitchellS head was already in Mr..
PecOra'S basket and Pecora's in
veStigatorS were swarming into
Wall Street.
II
THAT spring the news went
Il around that accountants were
in the offices of J. P. Morgan g.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

will be withheld when private
companies offer lower rates than
those proposed for the public
projects has brought a new crop
of rate reductions in spite of the
fact that other commodity prices
are rising.
d ATES have been lowered re-
~ Gently in Bangor, Me-; in
North Carolina; Oberlin, O.; Ce-
dar, Utah; South Carolina; Vir-
GINA; Illinois; Boston, Mass, and
Dayton, o. Almost as many re-
auctions in gas rates have been
offered.
Another factor thought to be
influencing the downward trend
in electric rates is the survey be-
ing made by the federal power
commission to list in comparable
terms the rates being paid in
each city and town in the coun-
try. This information has not
been available previously.
The next congress will vote on a
number Of important matters af-
tecting electric utilities.
The plan Of the natural re-
sources board for government par
ticipation in development of the
country's watersheds will be laid
before it, possibly with recon-
mendations from President Roose-
welt for beginning work in some
sections of the country.
Legislation for regulation of
holding companies is almost GER
tain to be voted on during the
next year. Appropriation bills
will raise the question of con-
tinuing support for projects al
ready under way, and when the
new program for public works is
submitted a decision will have to
be made on renewing provisions
in the present PWA act which
permitted financing of municipal
power projects.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

stocks. And the bears were taking
advantage of this to clean up by
means of short selling.
OF course, they certainly weren't
doing the market any good.
II ARLY in 1882 reports reached
l. the ears of Herbert Hoover
that among the bear raiders were
certain prominent Democrats
among them Bernard Baruch and
John j. Raskob, then chairman of
the Democratic committee. There
was, of course, no truth whatever
in the rumors connecting Baruch
and RaSkob with the raids.
But it is easy to see what a
capital stroke it would have been
to have pilloried these gentlemen.
Through March a series of
shocks shook the market. Ru-
mors of pools, bears, conspiracieS,
filled the air. In the early days
of April, therefore, the President,
through Senator Walcott of Con-
necticut, who had once been
stock broker, introduced a reso-
luton to investigate the practices
of buying and selling and borrow
ing and lending of listed Securi-
ties and the effect upon the bust
ness and banking Of the country.
The plan was to hold few hur-
ried meetings, bring a few of the
big traders, including Baruch and
Raskob, to Washington, put them
on the grill, expose them to the
eXecration of the multitudes and
then adjourn.
Il
DUT Fate decreed otherwise.
IL The plan was we'll timed dur
ing the absence of Senator Peter
Norbeck, insurgent Republican
and chairman of the banking
committee. Norbeck read of the
resolution, rushed back to Wash
ington and thrust Walcott out of
control of the hearings.
Norbeck announced that he
would investigate the bears, but
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
Today's Science
BY DAVID DIETZ-

THE year 1884 will go down in astronomical his
- tory as the in which stargazers decided
again to do little looking around in their own
back yard At one time astronomers concerned
themselves chiefly with the solar system But as
bigger and bigger telescopes were built practically
all interest went to the distant stars
However, the recent work of DR. Walter s. Adams
and his associates at Mt. Wilson observatory has
served to focus attention once more upon the
planets Attaching and powerful types of Spec
troScopes to the worlds biggest telescope Dr. Adams
and his associates have made the most notable con-
trbutions in astronomical history to our understand
ing Of planetary atmospheres.
Some planets, of course, have no atmosphere at
all. Mercury, like our own moon, has atmosphere
because it is small planet It's gravitationa pull
is insufficient to hang onto the vibrating molecules
which compose an atmosphere.
nETECTING the nature of planetary atnlos-
~ phere is not easy task. Deductions, akin to
those Of Sherlock Holmes, must be used to in
terpret the observations Of the spectroscope
The planets shine by reflected sunlight Conse-
quently the spectrum Of planet is the spectrum of
reflected sunlight plus such changes or alterations
may have been caused by passage Of the sunlight
into and out Of the atmosphere of the planet The
problem is further complicated by the fact that all
light from the heavens has to pass through the
earths atmosphere to reach us.
The earths atmosphere is, therefore, something
Adams points out show in the laboratory
that when light passes through oxygen series of .
dark bands form in the resulting spectrum due to
the absorption Of certain Wavelengths of light by the
oxygen. These lines found in the suns spectrum.
If We observe the sun at noon and again at sun
set, the lines are stronger at sunset This is be-
cause the path of sunlight through the atmosphere
is longer at sunset and therefore the earhs oxygen
absorbs more energy.
MENUS is covered with heavy layer Of clouds.
Consequently, the observations Of Venus refer
only TO the part of the atmosphere above the cloud
level. DR.. Adams finds no appreciate amount Of
oxygen or water vapor in that part of the atnos-
phere, but that large quantity Of carbon dioxide
is present.
Although We can not observe conditions at the
actual surface of Venus" he says, the average tenn
perature Of the surface is probably somewhat warm
than that of the earth but direct sunlight is
lacking because of the clouds. Biology tells us that
under such conditions it is extremely doubtful
whether even plant life could ever have secured a
foothold on the planet. The oxygen given out by
plants and required for the existence Of usual forms
Of animal simply does not seem to be present"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

HoOSeVelt-can give the answers.
For the key to the future fiscal
policy of the Roosevelt admins
tration lies in the future policy of
the bankers.
In the past that policy was con-
Sidered by those around the White
House as anything but friendly.
The bankers were listed as out to
wreck the New Deal. And as the
last summer wore on, and young
Henry Morgenthau faced the
problem of refinancing $780,
100000 of Liberty bonds this
month. the atmosphere became
tense and acrimonious.
DEYOND any question of doubt,
ID the big bankers were on
strike.
You think your credit is limit
less" one frank Boston banker
informed a New Dealer. But it
isn't. You're going to find that
you've reached the end of your
rope"
More or less the same view was
expressed to young Thomas JEFF
ferson Coolidge. underSecretary of
the treasury, when he talked the
bankers into exchanging his Lib
erty bonds for two-year notes at
2l2 per cent or ten to twelve-year
bonds at 81 per cent.
They didn't like the trade And
in the end they served a virtual
ultimatum that although they
would play ball on this piece of
reflnancing, it would be the last.
Their vaults, they said. already
bulged with government securi-
ties. They comprised 70 per cent
Of bank holdings.
And what the bankers particu-
larry emphasized was the fear
that these gilt-edged government
securities. purchased at 100 and
101, might be knocked into a
cooked hat by imitation. If they
dropped. say to % or 90, the banks
would be left with only just as
much TO pay on their deposits.
=
GO the government. warned the
~ bankers, would have to stop
borrowing and spending.
And to punctuate this warning
and show that they meant busi-
ness. raids were started on gov
eminent bonds. Home Owners
Loan bonds were raided; then
Farm Credit bonds. and so on.
down the line. They were all
taken over the jumps.
The big bankers drive was not
aimed solely at government secur-
tiles. 1t was also supported by
big business determination to
force a showdown with the New
Deal regarding the regulation Of
business.
And the governments antipathy
for the bankers, in turn, was not
motivated solely by the latters'
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
There's Contrast Here

IN their leisure hours, which are many. they may
= be seen Longing on sumptuous kitchen chairs in
the romantic half-light of the anteroomS to the
music publishers Office along glamorous Tin Pan
alley in the Forties. Sometimes they lounge sump-
tUously for days end in the romantic half light
OF these anteroomS waiting to interview the pub
Usher In the evenings they may be seen living at a
mad pace in the one-arm lunch rooms, gorgng
themselves on hamburger sandwiches or rye
while the starving executives of the great broadcast
ing and radio manufacturing companies nibble at
caviar canapes and piebeian pheasant in the barren
banquet halls of the big hotels
The depredationS of the lambs have become
holder and more cruel in the last few years Time
was when they content to turn over their songs
IN return Tor the generous advertisement which they
received in the station announcements But the sim
lister specter of greed raised its ugly head and they
formed union They demanded a cash return for
thelr compositions The radio industry tried to
reason with them, pointed out that they were re-
ce1vlng wonderful publicity free of charge But the
lambs began to gnash their teeth at the wolf pack
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
The LdnlaS Collect

T Asst year out of $66 100000, which the broadcast
ing stations collected from their advertising
clients for program composed largely of popular mu-
SIC the society eXacted royalty Of 81 300 00O or al
most per cent. This greed has been called to the
attention of the department of justice and there
appears to be considerable indignation in behalf of
the lmperiled industry. With the highest patriotic
motives, the industry is Mortified at the thought of
being party to the development of the sordid profit
motive in this branch of American art.
The ravenouS lambs Of Tin Pan alley have had
taste OF cash money, however and they even have
gone so far as to claim the right of collective bar
gaining 1t seems to be their contention that if they
are compelled to diSband their society and take
their pay in blurbs, then a sewer contractor might
compel ditch digger to toll away for no more sub
Stantal reward than a sign reading, This ditch be-
ing dug by the distinguished pick-and-shoveI vir-
tuoso, Salvatore Antipasto, who will be remembered
for his exquisite spade technique on the Eighth ave-
nue. subway"
But the department of justice is not deceived
This attempt to invoke the fine principle of the New
Deal to justify savage raid a noble industry
Which has contributed its facilities literally to the
spokesman of the administration, has been recog-
n1zed for the evil sham which it is The radio mag
mates are much cheered by the brave Intervention
OF the department of justice. Your correspondent
recently met one of the magnates in New York and
he was singing, Who's afraid of the big bad Iamb?"
Copyright. 1884. BY United Feature Syndicate Incl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
FELLOWSHIP GROUP TO
HONOR PASTORS WIFE
Vernon Parker, Y. VI. c. A. Bows
Secretary, to Speak.

Principal speaker at the Fellow
ship dinner in Fellowship hall of the
Nortbwood Christian church at $50
tomorrow will be Vernon D. Parker,
Y. M. G. A. boys work secretary.
His topic will be Mothers and Sons
of the World"
Guest of honor will be Mrs. r.
Melvyn Thompson, wife Of the
church pastor, who has been elect
ed national president Of the Council
Of Ministers Wives Of the Disciples
of Christ Church. The mother hav-
ing the most sons present will be
given recognition. Wives of min
listers of other Disciples of Christ
churches in the city have been in
wed.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

drive against government securi-
ties. Treasury officials and the
White House were also sore at the
way the banks had curtailed
credit to private industry.
With a little loosening of credit,
they argued, business could really
get back on it's feet, there would
be modest, but steadily increas-
ing boom.
The result was some secret re-
search by DR.. Jacob Viner and the
treasury brain trust. From this
grew the idea of the central bank.
TN other words, the bankers
l. themselves were chiefly re-
sponsible for nurturing the idea
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
EUZnouh
DU .
WESIBROOK PEGLER

CHEYENNE, Wyo. Oct. 24.-When the revolution
- has been won and the New Deal consolidated
the.czens Of the perfect state should not forget to
remember one of the nobest individual actions in
defense of human rights in the entire, bitter
paign. That would be the suit by the department
of justice to protect the helpless wolf pack of the
radio industry from the blood-thirsty lambs who
produce the words and music of popular songs.
Your correspondent has been reading up this
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24

case and has been thrilled to hear
the hoofbeats of the attorney-gen-
erals horse as he rides to the
rescue of the wolves. The lambs
are not beaten off yet, but they
have withdrawn somewhat, their
evil fangs dropping with the inno-
cent gore of the radio industry.
They know that no lamb may at
tack the wolf pack with impunity
any more.
The defendant in the suit is
the American Society of Composers.
Authors and Publishers. This Or
ganization is composed largely of
predatory, one-flnger pianists and
mOneV-mad poets who control the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
II Seems hoM
BY
Haywood BROIN

"E'REE love comes to California" Upon this issue
and others equally authentic and intelligent
Frank NJ. Merriam is battling to his state from
the threat Of Upton Sinclair. No wonder lonely
women shiver at night in the mild Los Angeles
Climate Nothing stands between them and the dis
honor save the stalwart figure Of Frank Merriam.
However, at the eleventh hour Hollywood rides TO
the rescue The motion picture magnates ready
TO march shoulder 70 shoulder with the statesman
who contends that it is Upton's intention TO end
purity in California. The hearth, the home and
Hollywood have joined hands 10 Tepel the invader.
II would be very funny but for the fact that Demo-
cratic government is under fire and can not stand
many more Merriams.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
DAILY WASHINGTON
MERRY-GO-ROUND
: By Dre10 Pearson and Robert S. Allen :

WASHINGTON, Oct 24-As members
w Association gather
questions uppermOSt in their minds
l. Is there to be imitation
2 Is there a
The two interdependent If there
be imitation Probably without no
And whether not the President attempts
tons the real fact that the
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1934-10-24
within the last few DAYS the

WIthln the last lew DAYS the
word has gone about, Sinclair is
stopped. His chance has gone"
Now let US see just what factors
and forces have stopped Sinclair,
If indeed he has been stopped.
First Of all there is every indi-
cation Of the vast use Of money
much of which has not come di-
rectly from citizens of California.
Mr.. Skolsky, the accurate Holly
wood commentator of the Daily
News, says boldly in his column
that the motion picture companies
have asked every actor to contri-
butte one days pay to beat Sinclair.
No -1tcb Hacrro,7f forcod low