davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Produce Markets

Delivered IN Indianapolis prices. Heavy
cred sp-inEeEs. lsc- leavy stays, lie. Leg
1cru staEs. e. old ROSTERS. C, ducks.
san featlered ana fat. &C. seese. fu.l
Gathered and fat &c, al classes o.
Tllueas. i5c, No. ! strictly fresh country
run egEs loss % i-c. Zach fun cases must
pound for each pound under S los. VIII
e made. Bu-rer-Nc. z $50 sac. butter
fat csc Quoted by the wacley &C.
BY United Press
srsst;ied. recsirts s7.sss eases. extra
rsts 1lc. tress5, srae i..s. trsts lo.se cur
sc Blfter-Marset. frm. receiuts. 1854
tubs. extra 1rsts Iso-siil score. soG
11Aac- extras Isl sccEe 30 &C. Nrsts
1850 sco-el = 2sasc, seconds So
s-ardards. soisc Poul,rv-Marktt stsady.
rscelrts one car. 3 trucks. one car due
zurIuEers zoe carcls 20 lbs &c.
cid rccsters- IS tzal i-c ducks le 2lc.
tgrksvs. ~ 2le. Eeese. i'se siaEs. ls-.e,
LEMONS l-t.c Cheese-Tu ms lst.c
D1isles - EIttsc- Lorzhcrrs. l6G &C
pctafces-Clc stock. sluulv liberal. de-
mand aad 5EaeifrE u s.os msaFSst osl.
rrr c4alrF. 81 2 s-c. Commercial. eoc
I1aEn Eussers 81 s7i-fil 50. mostly 81 50
TIss NeW s-ocs-F lorica, blshei crate
bliss Trlumphs. washed. 81 ssh Arrivals
81 Or TRACK asa shipments 20
CLEVELAND March p Buttsr-Msrket
Erm. extras. So. standards - & EEEs
-N1rzsf unsettled extra uElte zoe. cur
Esst Esssal7ts. ls.se I've Poultry M 5sr-
1rks YolnE - use. ducks old. zoe P0-
f1toes-Maln- sllilo q l0i-lb bag. Ohio
uosfiV 5o11sc. New YORK. SOC Fiorlcs
szE1.lo = 5ssae! eEase.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Stanley Forman Reed Is
Country Lawyer Who
Made Good.
BY HERBERT LITTLE
Times Special Writer

WASHINGTON, March PA big
substantial man who looks like a
corporation executive is taking over
the important job Of representing
Uncle Sam before the Supreme
Court.
Actually, however, Stanley For
man Reed is a quiet country lawyer
who has made a name for himself
as counsel for the old Federal Farm
Board and in recent years for the
Reconstruction Finance Corp. This
big name is only among lawyers
and the heads of the billion-dollar
bureaus which were his clients, "
because the newly appointed United
States Solicitor General is not a
self-advertiser.
He first attracted national atten-
ton when he handled the legal as
poets of the governments gold case
arguments in the Supreme Court,
Attorney General Cummings pre-
senting the broad economic appeal.
A conservative IN manner and
appearance, Mr.. Reed has drawn
into the RFC legal division A. A.
Berle Jr., one of the Presidents
original brain trust, and Jerome
Frank, ousted left-Wing counsel Of
the AAA
AS solicitor general, he takes the
place of J. Crawford Biggs, South
erner who came in with Mr.. Cum
mings at the outset of the Admin
istration and recently resigned. His
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
UTILITY ISSUES
STEADY AFTER
EARLY DECLINE
Stock Market Trading Is
Dull Following Active
First Hour.
Rm Tnited Presa

By Untted Press
NEW YORK, March 22.-Stocks
turned irregular today after a last
hour recovery in the previous Ses-
sion. Trading was dull after slight
activity in the first hour.
Most of the utility issues drifted
down and then steadied, although
some of the preferred shares, no.
tably those of Public Service OF
New Jersey, strengthened as much
as 3 points.
TobaccoS turned weak again after
a bit of recovery at the outset. Lig-
gett & Myers B made a new 1895
low at 81, off IL, and Lorillard
sold at 1875, off %, and also new
low for the year. American Tobac-
co issues dipped to the previous close
after an early gain.
Spiegel, May, Stern broke 4 points
to SIS in the mail order division
where other issues were steady tc
firm. Farm implement shares
eased. American Telephone touched
1918, off %, from it's high of 1O2
Automobile issues we're off slightly
and so were steelS. Union Pacific
was down rs at 8634 in lower
railroad list.
Around noon, United States Steel
was at 1872, off e; American Can
1147s, off Il; Atchison 1914, off q
Chrysler 1874, off Is; General Mo-
tors 28A, off u; General Electric
21a4, off 4, and Western Union
2234, off Il.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

RFC job, 1t is understood, will go
to- his assistant, Ben Alley of New
York City.
Mr.. Reeds task will be to handle
all Federal cases before the Supreme
Court. 1t is a job Of tremendous
responsibility and large volume, in
volving not only preparation of
briefs and appearances before the
court in argument. but determine
ton of policy and decisions on what
cases to appeal to the highest
tribunal. Like most litigants, Uncle
Sam doesn't believe in appealing a
case unless there is ground for be-
lieving he will win it.
A large job of co-ordinating with
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Ne7U Deals Ne7O Defender in Court
Made Name in Bank and Gold Crisis
Will Handle All Federal
Cases Before the Su-
preme Court.

the MANY bureaus and departments
affected by the various cases also is
up to Mr.. Reed.
Paid $4,000 year, he must OPP
pose in court the highest priced
lawyers in the country-men who
receive thousands and tens of
thousands as fees in single cases.
But the job carries great prestige,
and is a convenient stepping-stone
to the Cabinet or to the Supreme
Court. The new apopintee turned
down a Kentucky judgeship to &C
cept it.
Mr.. Reeds best job, in the opinion
of lawyers, was his handling of the
bank crisis of March, 1888. He mac
come TO the RFC just three months
earlier, after several years with the
Farm Board. For weeks during anc
after that crisis he worked from
a. m. to 2 or 3 a. m. Many gave
him credit for untangling the bank
ing snarl.
Mr.. Reed is about so, lives here
with his wife and children, plays
golf, and is beginning to get bald
He has a big sturdy body and
large head, and tinge of the &C
cent of kentucky.
He attended Kentucky Wesleyan
Yale, Virginia, columbia and the
Sorbonne, and then settled down tc
practice in his home town, Mays
vile, KY, on the Ohio River. Their
he went to the state legislature. He
early became an expert on farm
cooperative law.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
FIRMER UNDERTONE
PREVAILS IN GRAINS
Complaints From South
west, Alien Rise Factors.

By United Press
CHICAGO, March 2.-Continued
complaints from the southwest and
new strength in the Liverpool mar
get lent grains firm undertone
today on the Board of Trade.
At the beginning wheat was g
to % cent higher, corn was up a
to % cent, oats was up 4 to g
cent, and rye was up p to q cent.
Provisions were strong.
Light rains were reported in some
sections of the winter wheat belt
but reports of damage from dry
weather over-shadowed this inf1u-
ence.
Broomhall said of Liverpool, real
strength developed here at the
opening. Small shipments to Eu-
rope from Australia and Argentina
were responsible for this persistent
strengthening of the Liverpool fu-
lures and the narrowing of the
spread between Liverpool and Win
nipeg."
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
PORKER PRICES
RISE SLIGHTLY
Market Generally 5 to Is
Cents Higher; Cattle
UNCHANGED.

A slightly stronger undertOne was
evident in the pork market in early
trading at the local stock yards to-
day and prices were generally 5 to
Is cents higher than yesterdays
average. The major increase was
registered mostly in the lightweight
division.
This was the first sign of i'm
provement displayed by the local
market for approximately a week.
Initial trading developed slow and
demand was somewhat stronger
than in recent sessions. Practically
all buyers, however, were heSitant
in making early purchases.
The bulk, 100 to $50 pounds, was
salable from $3.50 to $8.75, while
$50 pounds and upward cashed in at
$50 to Sc 80. Light grades, weigh
ing 100 to $50 pounds, sold at $6.15
to $715. Receipts today were esti-
mated at only 1000, the smallest on
hand for the week. Holdovers num-
bered 470.
With weekend cleanup trade
prevailing in the cattle market,
prices showed only slight change
from yesterdays close. Practically
all classes were scarce, with few
steers ranging from $3.50 to $9.75.
Receipts were 400.
The veal market continued dull
and unchanged, with most all
grades selling at $3.50 down. Re-
ceipts were 500 Lamb prices also
remained steady. Better grade
wooded natives and fed Western
stock weer selling at SO to $815.
Throwouts brought Sc &c So, while
slaughter sheep held at S. down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Support Developed

Very substantial support for the
principle of unemployment insur-
ance has developed in the United
States during recent years. Con-
currently, great differences of opin-
ion as TO the form it should take
began to appear. Abou5 two hun
bred separate and distinct bills
dealing with this subject have been
presented in the various State
Legislatures and in Congress during
the last two years.
We probably shall have a nation
wide system of unemployment in
surance within the next year. and
there is imminent danger that it
will be a hodge-podge of ideas and
theories. distorted by political
pressure and based on half baked
conclusions. The problem is of
such wide-reaching social signifl-
canoe that no plan should be
adopted without a background Of
scientific social research.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
(By James E. Bennett.
Other Livestock
(By United Press

CHICAGO, March 22-Hogs-600O, in
GLIDING 5000 directs; moderately active, IS
lbs, S8.85Q9; top, SO; 160-19O lbs $9.50@
800; light lights S808.50; few pigs, S7@
IT'S packing sows. s8.15@8.25; light lights.
light Weight 1s0aoo bs sood and chSee
S8.35@9; medium weights, 2OO-250 lbs
good and, choice, ,$8.8O@s; heavy weights.
packing sows, 275-55O lbs. medium and
choice, s7.25d6.35; slaughter pigs, 100-140
lbs, good and choice, s6.75G825. Cattle
steady to strong; spots shade higher; other
classes mostly steady; quality very plain;
holding best long year55iEngs around sl2
slaughter cattle and vealers: steers, $50
goo lbs, good and choice, $950@1S IS;
9o0o1190 lbs, good and choice, SO 75a I3; IS;
110o-l300 lbs. good and choice, S10,25@
Il; 13OO-150O lbs. good and choice, s1O50
S5.75@1O,5O; heifers. 55O-75O lbs, good and
s5@925; cows. good, s5.75d9; common and
medium. s4@6.75; loW cutter and cutter,
beef, $5.5O@735; cutter, common and
medium, S4.25@5 IS; vealers, good and
choice, S709.25; medium, SCAT; Gull and
common. S4@6;o stocker and feeder cattle:
s6.5OGs.T5; common and medium, $3.50
6.75. Sheep-13,OO0; fat lambs opened ac-
trade dull and several loads still unsold;
sheep strong; feeding lambs little changed;
bulk good to choice lambs, S9a825. best
sheep and lambs: lambs, 80 lbs. down,
good and choice. $500 8.25;. common and
medium. s6.50q7.65 9O-9a lbs, good and
and choice. S46550; all weights, common
and medium, $s@4,5O; feeding lambs. So
rs lbs, good and choice, s625@7.
LAFAYETTE, March 2.-Hogs-1o915c
s sa 2s5pg PIE S Bsaq $685. : sSf Ss
10 lbs, ssGs 40; 14o-l55 lbs $500 IFS;
sS7s: Ioo-i2o lbs. s5.75@e g. royghs.
Lambs, steady; So down.
FIT WAYNE. March 22.--:Hogs- Steady
lbs $40; so6-s5o lbs. So To-; lso;2o0 I6s,
y 14o5l5O l9s So 1910 = 4, I6s
roughs. $3.50; stays, s5.25. Calves $3.50:
lambs. So.
(By Times Spec;al)
LOUISVILLE, March 22.-Cattle-Re-
cattle; light part of run stockers and iced
ers and on direct billing; market generally
steady; bulk common TO- medium GRACE
common kinds down to s5.75 and cutter
heifers as low as S.; better finished d fed
e coSs g. e a50gn 6eayV 9e Cows and
smooth heifer types quotable higher; bulk
low cutters and cutters. S2.75G4; sausage
stock calves, s7G7 so; choice steer calves
to ss.25 Calves-Receipts, AIS, including
IT'S stock calves; vealers steady; bulk good
strictly choice around 20o-lb weights,
So so: medium and lower grades. $3.50
down. Hogs-Receipts. 6o0 15c. higher. on
| ter l80-25O lbs, $40; ass lbs. up. s7e5;
| l6G-l75 lbs, $3.50: 14o-155 lbs. $40; 100
down. $685. heavier sows discounted soc.
| Sheep-Receipts, so. steady; bulk medium
to good lamsb, s7d8; choice quotable
| around So So common throwouts. So; fat
ewes mostly $3.50 down.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
INVENTORY VALUES
RISE 1876 PER CENT
Net Working Capital of Corpora
tions shows Gain in 1884

81 Times special
NEW YORK. March 22.-The
dollar value of inventories Of in
dustrial corporations during 1884
showed an increase Of 1s5 per cent.
according to a report released today
BY the Standard Statistics Co. INC
This. however. was attributed
largely 10 the general increase IN
prices during the year me IN
crease was shown in survey OF
compIete balance sheet figures OF
az industrials at the end OF the year.
A moderate increase in net work
ing capital. less than per cent.
and a substantial decrease in cash
also was evident in the survey. IN
several groups the reason Tor the
cash decline was payment Of divi-
bends in excess Of earnings
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
New York Curb
(By Abbott, Proctor & Paine)
20 nm
On Commission ROW

preeS bens oTed are to buyeT S9 oS
commission dealers.
Fruits-Bananas Sc a ID. Apples. fancy
Lemons, sqnkist;. 269s, s4;25: Grapefrqit
Texas So seedl E $SaS2Sii Arizona Gas 7Os
l2s CSC; Byram, seedless. per hundred. So.
Pineapples, Porto Ricans. crate. S.. Ayo-
eeados; Florida - box *, $50 STRAWBERRIES
grapes, South America, white, So; black
Nectarines. South America, box, $3.50.
Vegetables~Cabbage; Northern Danish
New Florida cabbage, hamper. $3.50 $50
Onions, sweet Spanish. large. so-lb. bag
So; medium Michigan yellows. 50-lb. bag
Potatoes, Green Mountains;, 1Q0-lb. bag.
ohios iooS E bag % $50: O idaho R1ssets
100-lb. bag. 81 80; New Florida Triumphs,
bushel s2l9 Sweet potatoest =, Indiana I'd Ter
Sis. Beans. round strineless. hamper.
s1.50d3.75. Celery washed and trimmed /,
medium, doz,... 45c: jumbo. doz., 75c;
dozen sl.4o; dozen box, s25o, EndIys.
California. dozen, 90c: crate, .s4.25. Egg
plant. $3.50 Dozen Kale. bushel, goo. Let
tuce. hot house. l5-ib. basket 81; Arizona
81 Manages. s3Gs5o a crate; small basket,
soc. Mint. a dozen. 81. Parsley. dozen.
35c; Peas. hampers, So. Spinach; Texas.
bushel sl.e5. Radishes, dozen, 9oc. To-
maj s o Puf raH9n bS56e 5oF Pars o
bushel, sl.4O: Beets. bushel. 81. Carrots.
bushel. 81; l0o-lb. sack. 81. Rhubarb.
hot house, 5:lb, CARTON 5oG55c dozen
All quotations subject to change up or
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
FRUITS AND VEGETABLES

CHICAGO. March. 22.-eApples- Mich
igan Mcintosh. bu.. sl54ql.75; Jonath Z. !,
as Lettuce-Western. crate. s2.756425.
Turnigs-Illinois. ,bu. 2od 35c. Sweet pota5
a 90c. Beans-Florida bu green. 81 25G
225: Spinach : Texas bun. sal SO.
Cabbage-Wisconsin 100 lbs. s3d3.75:
hampers. 50 Is as25. Tomatoes. Mexican,
Jugs, s265n3; Florida s2756325. Rhu-
-Michigsn. 5-lb. cartons. asa 55c.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
GASOLINE PRICE RAISED

An advance of three-tenth cent a
gallon Of tank wagon and service
station prices Of al grades of motor
gasoline will be made today by the
Standard Oil Co. of Indiana. The
boost applies to Indiana, Illinois,
Michigan, Minnesota, Iowa, Mis-
souri,, Kansas and the Dakotas.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
FUNDS ARE DEPOSITED

BY liWfs NPffi4A
NEW YORK. March 22.-Speyer
& Co. and J. Henry Schroeder Bank
ing Corp. fiscal agents Of the COZ
fee realization loan Of 1880. an
nounce that sufficient funds have
been deposited with them 70 pay the
face amount Of the April coupons
OF the dollar bonds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
ARGENTINE TRADE UP
BIZ Times Special

OB tWbS SptCtus
NEW YORK, March 22.-Argen-
tine exports during February il
creased 4 per cent in volume and 6
per cent in value over those for the
corresponding month last year, &C
cording to figures received by the
Argentine information Bureau from
the National Bureau Of Statistics.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
EMPL OYMENT AT NEW
3-YEAR PEAK IN STATE
February Upswing Aided by Activity
in Coal Mines.
By United Press

By United Press
BLOOMINGTON, Ind, March %.
February employment in Indiana
was the highest for three years and
almost equalled that of February,
1881, it was reported today by the
Indiana University Bureau of Bust
ness Research.
Representative firms reported
total employment 4.8 per cent above
a year ago; 37.5 per cent above two
years ago, II per cent above three
years ago, and slightly above the
last day of February, 1881, the re-
port said
Goal mines were more active
than during any other February
since 1929" the review said THE
steel industry was buster than at
any time since early stages of de-
preston, with the exception of May
and June, 1884"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

White q o u s o &
Co as It's candi-
late.
But Mr. Whit
ney will run
again Do is said
irrespe ctive OF
Circu n To-
stances and u Is
known that ne
will have a
strong following
His interest IN
Q h 2 job for
another year Is
not so much that
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Wall st.
Gay to Be Chosen
as Stock Exchange
President.
BY RALPH HENDERSON,
Tine. special Writer

NEW YORK. March p. - II
4 Richard Whitney succeeds
himself as president Of the New
YORK stock Exchange during the
next term he will run on an in
dependent ticket. IL was learned to-
day in responsible quarters. The
regular nominating committee Of
the Exchange has decided 70 name
Charles r. Gay. senior partner OF
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
JOB INSURANCE
SEEN GENERAL
WITHIN A YEAR
Authority Urges Care to
Avoid Hodge-P lodge
of Ideas.

Colonel Robert g. Ebert. a member
Of the Unemployment Insurance Com
mittse Of President RoOssveIt's Industrial
Advisory Poard. has written six articles
ior The indianapolis Times. Of which
this is the first.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Held No Cure-Am

Unemployment insurance will not
prevent major depreSsions. 1t is not
a cure-an but a palliative, a shock
absOrber.
Under present conditions, at the
onset Of a depression even the
workers who have jobs cut down
their expenditures for fear of be-
coming unemployed. If they are
guaranteed an income for a certain
number Of weeks while they are out
Of a job. this frantic saving will be
much reduced This will further
tend to stabilize consumption.
When a system of unemployment
insurance is in effect, production
can be reduced at the beginning of
a depression without too much
hardship on the workers. At the
beginning of the present depres-
sion President Hoover. for humani-
tartan reasons. urged industry to
avoid laying of men. As a result
overprOduction was continued and
the conditions which led to the de-
preston we're not corrected quickly
enough.
Had unemployment insurance
been in force production could have
been curtailed at once, while at the
same time the unemployed workers
would have received some income
and would have continued buying
more or less normally. The de-
preston would have been of much
shorter duration. with a more rapid
return to economic balance, pro-
vided the Federal Reserve Banks
had co-operated efficiently by open
market operations and other means
within their power.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
rocAT. CASH MARKET

City grain elevators are paying 81 cents
for 30. soft red wheat. Other grades
on their merits. Cash corn No. yellow,
IS cents, and cats ~ cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

firue In the limelight or that ne
fs particularly keen about the Work
enfailed. but he is not the sort OF
person 10 quite a fight merely De
rause the going becomes rougn.
Nor can il be said that Mr. WHIT
ney is not popular among the gen
ersI run Of Exchange members
Tbose who would prefer TO see
some one else take the helm are
prompted in their desire primary,
bv the belief that it would De goo9
politics. They feel the country wiz
never become convinced that the
Exchange has reformed so long aS
one Of the "old" crowd continues
10 hold the most important posi- N
the institution and 50 long as tnaO
person has even a remote aSsocia-
lion With J. p. Morgan 81 co.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
What Does IT Mean?

Dollar Bomds-Obtgations which interest and
principal payable in United States currency are noom
dollar bonds. Sterling bonds those payable in
British funds.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

Unemployment is never a primary
cause Of economic depression. But
when unemployment begins OF a
large scale it becomes, through re-
verberation, a secondary cause Of
unquestionable force, and it adds
profoundly TO the general disaster.
II is useless to philosophize about
the effect of widespread unemploy-
ment on the morale of the nation
Such discussions lead nowhere. We
must accept unemployment as
fact. It Is an economic disease and
II is our duty 10 seek a remedy.
Some day We may get rid of the
causes Of unemployment; then there
Will be no further need of unem-
plOyment insurance.
The next best thing to preventing
unemployment altogether is TO re-
lieVe the economic consequences Of
unavoidable unemployment as much
as possible. That can be done, in
a fairly satisfactory degree, by some
form Of unemployment insurance.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

WASHINGTON. March Achievement
expenses and receipts for the current is
cal year 70 March 90 compared with the
corresponding period Of the previous fiscal
year.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

THE nominating committee held
Il its final meeting on Monday
and within a week or so after that
il NAV be expected TO announce Its
choice. A sufficient number al
ready have decided upon Mr. Gay
though. 10 make certain that ne
viii be named. unless there hap
mems 10 be a last minute hitch
Although he has been quite
prominent in Exchange affairs Tor
many years. Mr.. Gay IS not well
known to the public. He became
member in 1911. and has served on
several important committees m
Guiding the board Of governors, the
committee on business conouct'
admissions. odd lots and speclalties.
He is said TO favor a new deal
for Exchange members. particul ar
IL in the matter OF public relations
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

rTRANGELY enough, however
- the undercurrent Of antagon-
Ism AGAINST Mr.. whitney IS not
that he has not favored reform but
tbat he permitted the administra-
ton in Washington 70 force re-
form upon the Exchange Ihey
figured he should have put up
more Of a fight. and they contend
also that had his policies toward
the public been different IN recent
wears there would have been no
nublfc clamor for reform Instead
a. maintaining an attitude Of Dig
nitv and reserve this group holoS
mat he should have played up 70
the public
The present head Of the tx
change has repeatedly stated tnat
ne is heartily IN accord with Feo-
eral supervision Of security deal
inps. The trouble is. though, tnat
he does not seem 10 be aoie 20
convince the public of his sincerity
in that respect. The average man
recalls his opposition TO Feaeral
legislation and makes the point
t5at he could not have changed his
oDinions about regulation so easily
his friends say he opposed only
that part Of the proposed IeglSls-
ton which he was convinced WOULD
he unavoidable and harmful
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22
Money ana Exchange
INDIANAPOLIS STATEMENT
TREASURY STATEMENT

,aringS ..-.---............. S2,OlZ, GOO. 90
bits ....-.............. s.086 900 90
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-22

Quotations below are average wholesale
prices being offered to buyers by local
commission dealers.