davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
SIS to SI9
$500 Mo.-7-Rm. Modern

$500 MO.-7-Rm. Modern
2SO6 N. Gale
Gregory & Appel, Inc.
Dat n Penn LI-749l
sls-DEXTER. 2OO4-5-rm mod bung
Al condition. RI-9548
BARTH. 1849-UpEer 4-room modern; heat
and water; $3.50. RI-3413
BROOKVuLE. N, 64a-4-room bath;
modern; water paid garage; SIS. IR-
1888.
GALE. N. 1223-5-room modern double;
heatrola; good condition; garage; SIS so:
water paid. HU7l75
ST CLAIR E, 1l22-Double modern; 9
rooms; garage; SIS; water paid Krogers.
SHELDON. 5124-Cozy 5-room suburban
bungalow; furnace. cleo. we'll; SIS.
LI7361. c. c. GROVE. "A Virginia -av.
WHITTIER PL. go lIrvington)-2 bedroom
double. fireplace. garage. s18; water. RI
1888.
PATH. 125 VS. rms. mod. SIG. JOHN R.
WEIGH & SONS % w. Ohio. LI-3423.
25TH, 3412 Good 5-room modern sin
gle garage; large yard; only SIS
LI736i. c. c. GROVE. A Virginia av.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02

ADAMS. 2615-Attractive 5-room modern
bath, shower, laundry, garage. RI-3570.
DRAPER. 1871 Rooms and kitchenette
semi-modern, water paid, good neighbor-
hood, Al condition. HU-4368. DR-3564rR
DREXEL. 922. N.-4-room modern bunga-
low double; garage; water paid. WA
3347
EASTERN-AV 550-6-R Room modern new
". decorated: across from St. Philips
school TA-557l.
32ND-ST. W. double bedrooms, bath
furnace; water paid; reasonable. HUI
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
THE INDIANAPOLIS TIMES
Introducing March With Outstanding; Used Car VaIu

REAL ESTATE FOR SALE
20 Lots. Farms and Acreage
/ LoT-eoxl2o-ON MICHIGAN-RD NEAR
/ KESSLER- BLVD. MAKE OFFER. HA-
81 Wanted to Trade
GROOM modern for DAYTON property. 400
Geneva Road. DAYTON. Ohio.
33A Insurance
f FRhNKE !nsF R2Soo BEoNe XIX McK1A
NEY CO. INC.
MERCHANDISE
IS Household Goods
mPER WEEK WILL RENT a NEW
81 Y Az w WASHER Sl5 7t M II 66 IN
l l.. S. AYRES & co.
aSzc>> We allow more tor your old
MQU8 washer-see US before trading.
G Terms. 81 weekly on balance
80 N. Del THOR ELECTRIC SHOP. LI-53s6
SINGER BARGAINS
] Treadle Machines .........S 500 ana up.
] Electric POTtab leS .....--.-- y ~ ana up.
Console ElectricS ,-.. $29: so and up.
Singer Co., 1876 w. Wash. st.
BEAUTIFUL s215 electric refrigerator, s
Gu. foot: well kept, will turn over to
! responsible party for balance due $3.50
Address Box K-l07O. Indianapolis
| CROSLEY Shelvador Model EA43. 43 Gu.
it. reg price S135 our price SlQO'
Equitable Securities Co. 544 f. Wash
lngton. Ll-IO8
| COMBINATION gas and coal range fine
| condition good baker. ice box, arm chair,
l rocker, cheap; quick sale. 1904 W.
! 28th-st.
GAS HEATERS. $3.50 value special s5.95.
CITIZENS GAS co.
b beqgsfa ' IR5 gSs
IR-4840. Open evenings
HoosiER FURNITURE CO.. 237 E.
KITCHEN CAB day6ed small rugs, radio
LTNoLEUM HOUSE. 81 N. Alabama-st.
ROTARY electric ironer. $40. Rotary
sewing machine, SO. IR-1835.
GAS RANGE-WHITE ENAMEL. GOOD
CoNDITIoN $40. 1888 W1NTHROP-AV
36 Radios, Musical instruments
! SlOO SiI,,or CIarinot S0U
Drum and Banjo Heads-Bargains.
Accessories of All Kinds.
LORENZ Music Store, 20 Pembroke Arcade
USED PEARSON GRAND.
Traded in on a SteinWaY, from fine
home Has had wonderful care. Real
saving. Removal sale price s245. Terms.
PEARSON co. INC. 1913 N. Penn.
GRAND PIANO-Win transfer my equity
| to responsible party who will assume
1 balance of my account a $40 monty.
Box K-1078, Times.
! RADIOS-S1 SO up. Radio tubes. 5 for 81.
Guaranteed radio repairing. LI-9383
RA mo sA.55 's I"1 stS XyI
PIANO S23.95 up; lessons
included through Geo. L. Stork School of
Music, easy terms.
PEARSON CO.. INC. 1913 N, PENN.
! CROSLEY superheterodyne radio receives
regular broadcast and police station in
Guiding indianapolis police; beautiful
tone: dynamic speaker; only $3.50. %
N. Temple.
NEW TRUMPET outfit silver plated with
| case $3.50 Easy terms.
PEARSON CO., INC, 1913 N PENN
! ATWATER KENT-Good condition; Sc.
Others up to $40. A w. Ohio. Open ewes.
SERVICE by R. c. A. trained expert on
any make radio. Free estimates. TA-0212.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
$50 to S39

S30-UNIVERSITY. SOB Irvington)-2-
Way double rooms, garage IR-4119.
BROADWAY 31O7-Nice 5-room house.
good condition throughout; modern; new
furnace. big yard. garage; $50. Inquire
1922 COllege-av. TA-0937
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
FIN A N C IAL
50 Business Opportunities
IS Autos for Sale

WANTED Engineers and business men
who sponsor II nicipal ownership and
rural liberalization in non-pro1t mem
MINCK. Merchants Bank Bldg
COMPLETE equipment for super service
station. Private owner Sacrifice for
quick sale IR-5427
$500 takes It, Must sell immediately.
BE-48ll. 1923 S. Tibbs-av
DRY CLEANING and hat cleaning shop.
Sell cheap for cash. 1920 Sheby-st
GROCERY STORE Frigidare: with living
quarters, for sale. 554 n Elder
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
3 Funeral Directors, Florists
4 Lost and Found

BICYCLE Indy FIver. blue, white: Oh.
tenders balloon tires. TAKEN by mis-
take from Tech Reward DR-6938.
MANS brown p0cketbook wlkh 81 and pa
pers. valuable only 10 owner. Keep
money Call TA-4706
WHITE POINTER DOG. male with lemon
c1ioreu spots. Reward. IR-2lf7-3.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
$50 Up
Other Houses

NORTH. 5600-Beautiful 3-bedroom home
SOS. WHITE RI7766. IR-7956.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
Barton Hotel
Is Housekeeping Rooms

s5-3 rooms. bath adjoining. 1917 Dexter.
Adults. After or Saturday. Sunday.
Garage. SOC.
BEVILLE. 829. N.-3-room apartment;
next bath; steam heat; private entrance.
CARROLLTON. I121-l-room and Kitchen
cite apartment; utilities paid. Reason
able. Adults.
ILLINOIS. n. 2339-1 and Groom apart
ments; cleo. washer, laundry; $3.50; $3.50.
ORANGE. 222-3 nice modern rooms; front
and back porch, and yard
ORIENTAL N, 2O-Unusual large room
and kitchen: furnished; private entrance;
utilities.
PINE. 500 N.-Furnished or unfurnished
/. broom apartments; bath. sinks; $3.50
month.
SANDERS. lOO5-Furnished. or rooms
private entrance Fountain Square.
adults Price reasonable.
WALCOTT. N, 422-4 furnished rooms;
down; water paid; s4 week. E. New
York bus
WALNUT. f. 115-3 rooms. private bath;
all utilities; S. See housekeeper IN
basement
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
Ia Help Misunderstanding

ADDRESSING Mailing circulars al home
for Mail Dealers. Earn SIS weekly. EX-
perience unnecessary Stamp brings
particulars WILSON CO. Tucson. Ariz.
ADDRESS Mailing circulars al home for
Mail Dealers Earn SIS weekly Stpd.
env for details MATT CO. 1910 (.
TYPISTS- money az home Good
paw Send Sc stamp for details TYP
tST BUREAU. 81 Elm-st. Westheld
Mass
ADDRESS 1000 envelopes for SIS 90 IN
structions loc COIN. WONDER PROD
UCTS. Gary Ind
WOMAN for housekeeper. care for chill
dren age c. STAY nights. Call Sunday.
OF y HamiltOn-av.
KEEPER-Colored or white: assist
with children. stay nights. HE-4520.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
10 Rooms with Board

10 Rooms with Board
ALABAMA. N. 2339-Cheerful room: 3
windows. modern. home cooking. l or
,. HA2326W.
BROADWAY. 1901 - Attractive furnished
room: twin beds; business men or
couple HE-1403.
CAPITOL 1925. N-Sleeping room; board
optional: priced reasonable; garage;
suitable for 2 HA-1311-R.
COLLEGE. 326s-Lovely room. in real
home Splendid meals. Reasonable.
TA-6980.
ILLINOIS. N. 2S48-C Cheerful, light room;
innerspring mattress, good meals. c. S.
preferred. HA-2020.
WASHINGTON. BIAS. E.-One or more gem
tlemen; next bath; meals; $3.50 week.
CH-ll75
WANT chill rem to board modern home
Mothers care CH-l46l.
EAST-Front room: excellent heat; privi-
legeS. private entrance: men preferred;
$3.50. CH-26l6-R.
NONE BETTER-Large front room: twin
beds. shower. 2062 N. New Jersey. Ia
6Q16
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02


325 CHRISTIAN-ST.
sl2 5O-5-rm. semi-mod. dbl: gar water
po a. J. HUBER & CO. l44 n Del
GRAY. S. 4l4-Five-room cottage. semi
modern. garage. redecorated. water pd..
HOYT-AV. -semi-modern cottage. 5
rooms. sl2i water paid. LI-6760 HA-
1879 NJ
MCPHERSON, 2s2l-Double: modern; )
rooms: garage; Al: SI4: water paid.
2158 n. OLNEY-ST.
slo-5-rm semi-mod hung; gar A J.
HUBER Il co. 144 n Del LI-44l2
RAY. l363-5-Rm semi-mod ell. gas.
toilet. water water pd-, Sll. RI-64l2-
RICHLAND 258 N.-Cottage: rms: new
~ papered, rent al best offer. BIRCH
rms; soft water; $40. RI-7725.
STATE. N 42-5 rooms. semi-modern: re-
decorated: oppo. park; sl2. DR-2o4l-W.
STEVENS 623-5-room cottage: garage;
$40: water paid DR-6425-R
WILKINS. w. 54e-6-room semi-modern;
inside toilet; SO; water paid; garage
28TH W. Il22-4-room semi-modern cot
tage garage; good family, $1,000. r. Z.
MATHEWS. TA-l57l.
MAPLE. 844-Colored: 4 rooms, mod. sl2
1927 Yandes. colored. rms water pd. $40.
LI-7361 c. c. GROVE. A Virginia-av.
COLORED-CorneI. 1647; 5-room double.
garage sl1, fenced yard HU-6756.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02

81 Miscellaneous For Sale
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
Wanted

Bows 6efWe0n ages Of y ana II years
70 deliver TINES Routes. Apply 10 6
o. m 9fS y. Alabama.
MEAT CUTTERS-Large organization has
few openings for first class butchers
requirement. age - 10 IS. high school
education. az least 5 years recent meat
cutting experience Only those with
excellent references and above qualir-
cations viii be considered. Give tele-
phone number II possible. Address
Times Box K-l073
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-02
ANNOUNCEMENTS
Death Notices

Gill a~PY. ARNINA CATHERINE Ace
--rtr-- Isl Nre stella King Mr. MOTIFS
Errncr Nrs Helen Euc1-esL0l ana
Arthur William Fraus- Jorn- Mercer T.
rrrrer and Morris GllasuE. passed aNaN
Trr-.~ar % m ar rho residence li-
T4frrrr+e Hcichfs Funeral SCI. icea
Crrr-r fr Morgan COUNTY FRIENDS NAV
an LII residence after m tfllaf-
.sT4-s.r.-..rIr uaurrs please CoDF-f
Evening star., 1935-02-19
STATUS OF PARLEY
ON MONEY VAGUE
Officials Profess Ignorance Of
Possible Plans for World
Sterilization.

By the Associated Press.
High administration officials, glee-
full over the Governments practical
victory in the gold cases, today, new
ertheless, considered prospects Of an
international monetary conference
somewhat distant.
1t was agreed on every hand that
this Governments power in achieving
stabiliZation between the dollar, pound
and other important currencies. had
been strengthened tremendously by
the Supreme Courts ruling removing
all constitutional doubts about the
devalued dollar.
But these same sources were ig-
norant of any plans by President
Roosevelt to take the initiative In
summoning nations to discuss money
or of approaching Great Britain on
the subject Of currency sterilization.
Mr.. Roosevelt's announced purpose,
as given to the London Economic
Conference, and repeated to the Su-
preme Court by Attorney General
Cummings, Is permanent stabiliza-
ton Of every national currency"
Should a foreign nation take the
initiative and approach this Govern
ment, informed quarters considered
1t certain such advances would be
entertained seriously. But an i'm
portant factor was repeated intima-
tions by the President that stabiliza-
ton should be sought on more than
gold alone.
In recent days, Secretary Hull has
said repeatedly this Government has
neither made nor received overtures
on the money problem.
Evening star., 1935-02-19
Gold Clause Ruling
"GuesSed" in House
About 2 Years Ago
u. ). Contract Opinion.
Vas Predicted BY Pet.
tengiH of Indiana.
BY the Associated Press.

BY the Associated Press.
Representative Pettengill, Demo-
crat, Of Indiana guessed" nearly two
years ago what stand the Supreme
Court would take on the suspension Of
the gold clause in Government eea-
tracts.
That particular bill was found BY
the court to be illegal.
Pettengill was one Of seven Demo-
Gratis to vote against the measure
when it was before the House. He
held Congress could abrogate the gold
clause in private contracts, but con-
tinued:
Can Congress impair its own con-
tracts? 1t never has been held, SO
far as 1 know, that the United States
can directly repudiate its own con-
tract directly entered into with one
of its own citizens"
His guess" was this:
II believe the Supreme Court will
hold this bill goes beyond the consti-
tutional powers of Congress"
Evening star., 1935-02-19
GOLD CERTIFICATES.

The asserted basis of the PLAINTIFF q
claim for actual damages Is that by
the terms of the gold certificates he
was entitled on January II, 1884. to
receive gold coin. 1t Is plain that
he can not claim any better position
than that in which he would have
been placed had the gold coin then
been paid to him.
The currency paid to the plaintiff
for his gold certificates was then on
a parity with that standard of value.
1t can not be said that In receiving
the currency on that basis he sus-
tanned any actual loss.
There was not on January II, 1884,
free market for gold in the United
States, or any market available to
the plaintiff for the gold coin to
which he claims to have been en-
titled. Plaintiff insists that gold had
an intrinsic value and was bought
and sold in the world markets. But
plaintiff had no right to resort to
such markets.
Evening star., 1935-02-19
Solemnity and SorroU Mark
Statement OF Gold Opinions
Hughes Brushes Forehead Twice in
Reading Majority Vie,o-Minority
Leader Says "COnstitution GOne.''

AS he continued the Chief Justice
paused frequently.
Congress, he said, "has unCer
taken to establish uniform cur
reney and parity between kinds of
currency and to make that currency,
dollar for dollar, legal tender for the
payment Of debts.
1.-THE Congress was entitled to
choose such uniform system and to
reject a dual system, with respect To
all obligations within the range of
the exercise of its costitutional au-
thority."
When the Chief Justice had finished
he again reached for the handker-
chief and wiped his forehead.
Minority View Expressed.
Justice McReynolds leaned forward
in his chair to express the views Of
the minority. The former Attorney
General in the Wilson cabinet did
not read the formal opinion he had
prepared; he spoke extemporaneously
Detected, he said.
''The Constitution is gone"
''We are confronted" he declared,
with a dollar which has been re-
duced to go cents, which may be 80
cents tomorrow, 10 cents the next day
and l cent the day following"
He expressed the emphatic opinion
the country could not measure the
eventual effect "of what has been
done here this day"
He spoke as though delivering q
Evening star., 1935-02-19
BY the Associated Press,

BY the Associated Press.
Solemnity and sorrow marked the
reading Of the gold ease decisions
yesterday.
The solemnity was In the tones of
Chief Justice Hughes as he presented
the majority verdict upholding the
New Deal on all except the abroga-
tion Of the gold clause in Government
securities.
Sorrow crept into the voice of
Justice McReynolds as he attacked
the majority stand.
Before starting to read, Mr.. Hughes
glanced for an instant over the notable
gathering before him.
From the bench he picked up q
large white handkerchief and brushed
his forehead. Then he spoke in clear,
sonorous tones, moving his head from
time to time as he emphasized q pas
sage. He leaned far back in deep
chair.
Rustic Sweeps Court.
Plaintiff" he said, seeks to make
his case solely upon the theory that
by reason of the change in the weight
Of the dollar he is entitled to Sl69
in the present currency for every
dollar promised by the bond, regard
less of any actual loss he has suffered
with respect to any transaction in
which his dollars may be used"
A rustic swept through the court
as he read the next sentence: "We
think that position is untenable."
Evening star., 1935-02-19
GOLD RULING HELD
HELPING STABILITY
French See FIandin's Policy
of Cheap Money Aided
by Decision.

BY the Associated Press.
PARIS, February 19.-Freneh finan-
cial circles expressed the belief today
the United States Supreme Courts
gold clause decision would contribute
to the stability of world currencies
and price levels.
AS for its effect ON French economy,
it was asserted in many quarters the
cheap money policy of Premier Pierre
Etienne Fiandin would be greatly ia
cilitated.
Effort Obstrueted.
The premier's efforts to bring Paris
money rates into line with open mar
ket rates in London and New York
hitherto have been obstructed by the
uncertainty of the last five weeks.
During this time the dollar has been
advancing, but now 1t is expected dol
lars will be sold forward in Paris and
francs will be reloaned more freely.
Generally, the belief is expressed
that by relieving European markets of
their anxiety the gold decision will re-
suit in return of the normal flow of
funds, particularly in Paris.
Paris Shows Interest.
AS the heart of the gold bloc, Paris
viewed the outcome of the cases with
particular interest.
Financial circles admitted concern
that a cheap dollar would put such a
strain on gold moneys that they might
not be able to resist the pressure.
Other reaction from abroad was re-
ported as follows:
ONDON.-Financial markets In
terpreted the Supreme Court decision
on gold clauses in bonds as removing
recent uncertainty and stabilizing the
market. The stock exchange support
ed trans Atlantic issues.
BERLIN.-The German press saw
the decision as victory for President
Roosevelt.
STOCKHOLM.-Prof. Gustav Cas-
sci, gold authority, said the decision
has the greatest moral significance. +"
ROME.-The stock exchange, isolat-
ed by government regulation, showed
no important changes.
MOSCOW. - The Soviet Union
showed no interest whatsoever in the
Supreme Courts findings, the news
papers not even mentioning it.
CAPETOWN.-Uni of South At
rica markets firmed and the govern
ment is expected to have an s11 ,e0o,-
600 surplus due to gold taxation.
GENEVA.-League Of Nations ex-
perts said the court decision would
stimulate the stahilization of condi-
tions in the United States and abroad.
Evening star., 1935-02-19
CORPORATE BONDS.

The purpose Of section 43 incorpor-
ated by the Senate as an amendment
to the House bill, the Thomas infia-
tion amendment, was clearly stated by
the Senator who presented it. It was
the destruction of lawfully acquired
rights.
But we must not forget if this power
exists Cngress may readily destroy
other obligations which present OBJ
struction to the desired effect of
further depletion. The destruction of
all obligations by reducing the stand
ard gold dollar to one grain of gold,
or brass or nickel or copper or lead
will become an easy possibility.
We think that in the circumstances
Congress mad no power to destroy the
obligations of the gold clauses in
private obligations. The attempt to
do this was plain usurpation, arbitrary
and oppressive.
Evening star., 1935-02-19
GOLD CERTIFICATES.

For the Government to say, we
have violated our contract but escaped
the consequences through our own
statute, would be monstrous. In mat
ters Of contractual obligation the
Government cannot legislate so as to
excuse itself.
II any individual should undertake
to annul or lessen his obligation by
secreting or manipulating his assets
with the intent to place them beyond
the reach of creditors, the attempt
would be denounced as fraudulent
wholly ineffective.
In view Of the statutory direction
that gold coin for which certificates
are issued shall be held for their pay
ment on demand land used for nc
other purpose" 1t seems idle to argue
las counsel for the United States did
that other use is permissible under
the ancient act of March 3, 1858.
We are dealing here with a debased
standard, adopted with the definite
bd1 ROoC w ACotlOy ObAA6dbAOA1bs QUILL
arbitrary and oppressive action is not
within any congressional power here
tofore recognized.
The gold clauses in these bonds wers
valid and in entire harmony with pub
lie policy when executed. They arr
property. To destroy q validly &C
quired right is the taking of property
They established a measure of value
and supply basis for recovery il
broken,
If this reduction of 40 per cent o.
all debts was within the power of Con.
greSs and If as a necessary means Il
accomplish that end Congress haC
power by resolution to destroy the gole
clauses, the holders Of these corporal,
bonds are without remedy. But We
| must not forget that II this power
exists Congress may readily destroy
other obligations which present OBJ.
struction to the desired effect of fur.
ther depletion.
The gold clauses in no substantial
way interfered with the power of coin.
| ing money or regulating its value Oh
providing an uniform currency. Theil
existence, as with many other cir
cumstances, might have circumscribe6
the effect of the intended depreciation
and disclosed the unwisdom Of it. But
they did not prevent the exercise o1
any granted power.
Congress brought about the condi-
tionS in respect Of gold which exist
when the obligations matured. Hav-
ing made payment in this metal i'm
possible the Government cannot de-
fend by saying that If the obligation
had been met the creditor could not
have retained the gold; consequently
he suffered no damage because Of the
non-delivery.
These bonds are held by men and
women IN many parts of the world
they rely upon our honor.
Evening star., 1935-02-19
"In,pendine Chaos"
Cited in Minority
Opinion of Justices

Here are highlights from the opin-
ion of the minority In the gold clause
cases, signed by Justices McReynolds,
Van DeVapter, Sutherland and Butler.
Acquiescence in the decisions Just
announced tthe majority opinions) is
impossible.
Just men regard reputation and
spoilation Of citizens by their sover-
eign with abhorrence; but we are
asked to affirm that the Constitution
has granted power to accomplish both.
Not only Is there no permission for
such actions; they are inhibited. And
no plentitude Of wards can conform
them to our charter.
The fundamental problem now pre-
sented is whether recent statutes
passed by Congress in respect Of
money and credits were designed TO
attain legitimate end. Or whether,
under the guise of pursuing monetary
policy, Congress really has inaugu-
rated a plan primarily designed to
destroy private obligations, repudiate
national debts and drive into the
Treasury all gold within the country
in exchange for inconvertible prom
! ises to pay, Of much less value.
pay, Of much less value.
Considering ell the circumstances
we must conclude they show that the
plan disclosed In Of the Latter deee<ap'
Evening star., 1935-02-19
GOLD CLAUSE ACT
TO STAY ON BOOKS
Law Remains, Though Part Was
Declared Unconstitutional
by Supreme Court.
By the Associated Press.

BY the Associated Press,
The act invalidating gold clause
contracts remains on the statute books
even though the Supreme Court has
held that part Of it is unconstitutional.
The court held that the law was
constitutional in outlawing gold
clauses in private contracts, but in
valid in so far as obligations of the
Federal Government were concerned.
Legal experts said today that II
the whole act had been declared
unconstitutional it would have been
eliminated from the books, but that
under the divided opinion it will re-
main unchanged.
Attorneys who look in future years
TO see what the law is will have to
read the act and then search else
where for the Supreme Courts in
depreciation, showing that in part it
is no longer law.
The pertinent clause of the law
reads:
Every obligation, heretofore or
hereafter incurred, whether or not
any such provision is contained there
in or made with respect thereto, shall
be discharged upon payment, dollar
for dollar, in any coin or currency
which at the time of payment is legal
tender for public and private debts"