davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
SLOAN'S CRITICISM OF NEW
DEAL ANSWERED
Nv Warren A. Renediet Jr.

By Warren A. Benedict Jr.
General Motors president, Alfred
Sloan, in denouncing the New Deal
suggests that business executives
appeal to their stockholders to re-
sist and defeat the Administration
in the coming elections.
We fail to find how Alfred and
his corporation have suffered under
the present administration. Well
known is the present status of the
motor car industry, now enjoying
the best business in years, in marked
contrast to three short years ago
when the industry was in the dol
drums and car production the low
est in years. This change has come
about almost solely because the
improved financial condition Of the
average citizen.
Turning to statistics in the finan-
cial journals we find General Motors
stock hit a low of 75s in 1882, dur
ing the sound business policy" days
of Hoover, representing market
value of 1891 ,687 500 for its 43,500,-
900 listed shares of common stock
A few weeks ago it reached a rec
ord high of 593s, indicating a value
of $2,582 ,812, 500, or an increase of
over two and a quarter billion dol
lars value on this stock, as expressed
in the opinion of the investing pub
lie and the financial world.
Further, like check of other
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
WHY WARS ON THE CUFF?

CENATOR TYDINGS of Maryland, who often has
~ lunches in the right direction, says the Admin
istraton's policy of borrowing to meet deficits is
heading the country toward panic.
So he proposes an executive budget plan of f1nan-
ing the Federal Government on a pay-as-you-go
basis. He wants a law requiring the President to
submit to Congress each year budget with esti-
mated expenses and estimated revenues in balance
and taking away from Congress the right to appro-
pirate in excess of the budget estimates, without
at the same time levyng additional taxes to pay the
bill. But in wartime, Mr. Tydings would suspend the
law
OF course Congress could pass such law one
day and ignore it the next, and nothing could be
done about it. But it's good idea anyway. And being
dings wants spoil it by suspending the rule during
wartime.
If it is disastrous for government to spend be-
yond it's means in peacetme, why isn't it douby dis
astrous for it to do so in wartime. Government
spending in peacetime be directed toward build
ing up the national wealth. thereby making it easier
for future generations to pay the bill. But wartime
spending purposefully destroys wealth, and neces-
sarily pauperizes future generations
Of all of the follies in which Governments in
dulge, is the worst. And passing the cost of it
on to unborn generations is fiscal immortality of the
rankest sort.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
COL. SHERRILL ON HOUSING

I OW cost housing financed by the Federal gov
eminent but erected by private contractors
would put us over the hill to prosperity So Colonel
Clarence O. Sheriff., president of the National Re-
tail Federation. told the Indiana and other mer-
chants meeting here.
In general, Colonel Sheriff. is in agreement with
Senator Wagner of New York and many Others
He believes that the private building industry
could re-absorb enough and could buy enough
materials to give the depression the final Knockout
The Sheriff. plan would mean not only the elm
nation of thousands of sites where people have to
live in our cities but it would also the re-em-
poyment of labor 1t would put architects and engi-
neers back to work. And, most of ALL it would give
many families chance to be housed decently at
rents perhaps not much than they now are pay
Ing for slum quarters.
Certainly nobody will disagree in principle with
his declaration to the assembled merchants who are
here primarily to discuss social security legislation
The sooner we begin clearing away crime-breed-
ing lre-traps and replacing them with sanitary
housing groups, in which child-life and family life
may thrive, the better for the nation
The Federation, a rather new organization is
research body representing 10000 merchants 1t has
headquarters in Washington where experts study all
legislation affecting the retail trade. The mer-
chants going about the work of protecting them
selves by information in a realistic way.
Not much has been printed so far about its actv-
tiles but much is to be heard from it in the future
the states by pass security acts, providing
for the tax on pay rolls.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
TUESDAY. DECEMBER II. 1895.
MR.. HOOVER REDOUBLES

HERBERT HOOVER still suffers from the thing
which SO afflicted the economics of his presi-
Dental ACKNOWLEDGEMENTS xpansion-except now
1t is over-expansion of the argument.
Not content to conhne himself to the weak spots
In the New Deal defense, he blithely doubles and
redoubes as they say in bridge. He spreads himself
out to convince the nation that the bank panic was
all Franklin's fault; to convince the nation which
still remembers that the heart of finance had
stopped, that the New York banks were closed on
the very day Hoover and Roosevelt rode up Penn
sylVania-aV together-in what still strikingly ap-
pears as the last roundup far as Hoover is con-
cerned.
The panic, he declares in a ST. Louis speech
was caused by the scared depositors and investors
frightened at the incoming New Deal"
1T was the most political and most unnecessary
bank panic in history" he asserts
He says that the real bank panic started with
his defeat. Let's look at the record:
1t shows that in the whole of the Hoover Adj
ministration total of 6093 banks were forced to
close. not counting the grand rush in the last few
days of the Hoover regime, which brought on the
nationwide banking holiday and the later bank re-
opening under the Roosevelt Administration
OF the $685. only 703 occurred after the date of
AOOOoC'CCo eIeCGlOH ana up Cne general holiday,
making score of $3.50 before election day; 7o3
after
In the II years of Republican rule which in
cludes Harding Coolidge and Hoover, there were
1o5O4 bank suspensions and these failures plus
mergers reduced the total number of operating banks
in the United States from peak of 30 $50 in 1921 to
low of 145OO in 1888
BY contrast, in the Roosevelt Administration only
179 of the
were closed in 1888. In the whole of 1884 onlv 81
banks were closed And in 1885, lp 10 the present
only 20 To sum up only 265 banks have been closed
in the Roosevelt Administration to date less than
the number closed in any one of the II Republican
years. The closing average under Mr. Hoover
showed that many every 60 days.
In view of what that record shows it now only
remains for Mr.. Hoover to charge the New Deal
with being responsible for the Galveston floods the
Santa Barbara earthquake, the Tulsa race riots the
flu epidemic of 1917, War Kreuger the fire in the
Relchstag, the kidnapping of Aimee Mcpherson, the
Credit Anstalt and the murder of Cock Robin.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
THE SAME GOLD BRICK

A MONG the many economic gold bricks that city
slickers have sold to farmers opposition to
the Federal Child Labor Amendment Through the
American Farm Bureau Federation in Chicago it
appears they are discovering, they did with the
tariff and other policies, that ais not gold that
glitters
we approve" said the federation, THE pending
Child Labor Amendment to the Federal Constitution
and request the farm bureau declarations give
it serious and sympathetic consideration"
When this amendment first before the
states for ratification number of agricultural states
took favorable action. Immediately food of propa-
ganda began pouring farmward An organization
calling itself the Farmers States Rights League"
transformed the rural regions and small towns with
propaganda charging that the amendment was
aimed at the farmers. 1t would prevent farmers
boy from milking the cows his daughter from wash
ing the dishes. In 1925 Rep L NJ. Foster of Ohio
exposed this busy outfit tool of certain textile
interests. It's president turned out to be the
cashier of a cotton mill store
Again this year farm states have become inter-
ested III the amendment. and certain manufacturers
have become interested in the farmers children The
Farm Bureaus action proves that the old game isn't
working any more.
Child labor is coming back in certain industries.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
WPA WORKERS ADVISED TO
FIGHT INTELLIGENTLY

BY Hiram Lackey
I wish to join The Indianapolis
Times in it's efforts to restore our
peoples lost vision. Thank you for
giving wholesome publicity to the
fact that Americans should have a
flrst-claSS diet, instead of suffering
from a third-claSs diet and under
nourishment. We will appreciate
more editorials designed to arouse
voters to realization of the mean
ing of decent American standards of
living. 1t is strange what some peo-
pie have forgotten during this de-
preston.
Consider the lack of vision of WPA
workers who strike because they are
not willing to work an eight-hour
day. When will we learn Gods
most elementary law of economics:
Somebody must work in order to
raise standards of living.
If these workers would unite in
a determined and intelligent fight
for wages on which married man
and his family of children could live
decently, they would be using the
faith, vision and intelligence which
the enlightened conscience of the
world will always applaud, and God
shall forever bless, because this is
humanity's sacred fight against
greed and graft, and is everlasting
ly right.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
A WOMAN'S VIEWPOINT
BY Mrs. Walter Ferguson

DERHAPS because he's been secretary of the
National Divorce Reform League for so long.
Theodore Apstein decided to write a book about
it, which he calls The Parting of the Ways Only
its title is sentimental for the legal point OF view
is admirably preserved and there's no preaching,
philosophizing or sobbing. Moreover the informa-
ton it contains is invaluable for the credulous
American who still believes that law and justice are
synonymous.
And since, as Mr.. Apstein reminds us, there
more than 10000 divorces in the United States
every year. with uniform law, the business is far
from simple; on the contrary, it's about crazy
can be- for We have 48 different ways of acting silly.
So when you've done reading about collision, evil
dence, anlony, custody of children, they are
managed in the courts, you feel like Alice in Won
derland looking over Jabberwocky. The words just
don't make sense,
st least the book decided on one point.
shall stick to the same husband, come what may;
it's so much more comfortable in the long run and
costs less in cold cash we'll as nervous energy,
confess that I've regarded with some suspicion
the glib talk about easy divorce, even though I am
sold the idea of blanket law to restore lost
dignity in the eyes of the world But honestly
speaking, do you believe we STALL ever achieve easy
divorce, matter how much we simplify its legal
aspects? Of course you don't! Not when you con-
slider the emotions involved-the lives separa-
ton can affect.
From that angle good long look is rather like
getting a peek into certain corners of Mr.. Dant's
Inferno-coTners all cluttered up with broken
dreams, bits of hearts, children's souls hopelessy
twisted, and old men and women alone and lost.
It's nonsense to let sentimentalism get an upper
hand on the question, but it's greater nonsense to
forget that any social problem which is mixed up
with love and hate, which involves the rawest
human emotions can ever be easily settled.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
Questions and Answers

Inclose a Scent stamp for reply
when addressing any question of fact
or information to The Indianapolis
Times Washington Information Bureau.
Legal and medical advice can not be
given, nor can extended research be
undertaken. Be sure all mail is add
dressed to The Indiana polls Times Wash
ington Bureau, Frederick NJ. Kerby.
Director, 1913 Thirteenth-st. n. W..
Washington. D. c.
Q-Who invented the sewing ma
chine?
A-The first sewing machine was
made by an Englishman named
Thomas Saint and was patented
July II, 1890.
Q-Is the Vatican State a part of
Italy?
Alt is an independent state with
a monarchical government of which
the Pope is the ruler.
Q-What is the difference be-
tween a battleship and a battle
cruiser?
"A battleship is one of a class
of the largest and most heavily
armed or armored vessels. A bat
tie cruiser is a warship Of dread
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
CAN WE RECOGNIZE WAR
AND STAY NEUTRAL?

By Glen w. Sharkey
I would like to offer thought On
this question of neutrality. Unless
we look upon these things from an
unbiased viewpoint, are we not most
sure to hold ideas pro or con to the
relation of one or the other bel
ligerent? If we take any action
which marks any change in our
dealings with nation because that
nation is at war, are we not becom-
ing a party to the conflict either in
withholding or supplying materials?
If We recognize nation to- be at
war and place embargoes on certain
materials to that nation, can we
really claim to be neutral? Would
not true neutrality be a complete
hands off, policy? Why not sell
to all nations as if there were no
war? In fact, as far as we are
concerned, IS there war if we are
neutral?) The moment we curtail
shipments, or increase shipments to
any nation at war, we are taking
part in that conflict. We are i'm
posing sanctions of our own, out
side of the League of Nations.
Of course, there are complications
In all this which do not appear at
first, but from a point of theory,
neutrality is strict unrecogn1tion
of war. If ships are warned as to
the carrying of supplies to a bel
ligerent, the government should
withdraw any protection to that
shipping company. If the company
loses ships that is their own con-
Germ, not the concern of the govern
Inent.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

naught size, highest speed and
heaviest battery, but without the
heavy arnor protection of the
dreadnaught. 1t is designed for
high-speed cruising, scouting, and
long-range fighting.
Odd Wallace Reid play the
leading role in the motion picture,
1T Pays to Advertise" which was
released in 1919?
A-No. Bryant Washburn played
the leading role.
Q-When was the last horse-car
line in New York City abandoned?
A-July 27, 1917, when the Bleeck-
er-st and Fulton Ferry line fran
chise was given up.
Q-What was the value of the
estate left by Theodore Roosevelt?
Att was valued at s981,171 on
May 81, 1922, according to the re-
port Of the executors and trustees
filed in the Supreme Court in New
York City.
GLOW is 1885 written in Roman
numerals?
A-MCMxxxv.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
HASN'T MUCH USE FOR
RUGGED INDIVIDUALISTS"

By P. C. B.
So many in the last year proudly
have declared themselves rugged
individualists," that I wonder what
there is about the principle that
should make any one proud of it.
The encyclopedia says that the
doctrine of "individualism would
make a mans conscience the sole
arbiter of his actions" I may have
become cynical in these last few
years of bank failures, abscondings,
stock sWindles and misappropria-
of funds, but somehow the number
of men would trust with this dol
lar I have would not include many,
if had only their conscience as
guarantee. Certainly noue of them
would be rugged individualists.
The first thing civilization does is
to set up laws to protect its indi-
viduals from people whose con-
science can not be depended upon.
And the number who are caught
and sent to our prisons, added to
the number we know should be,
would tend to prove that society is
not far wrong in being skeptical of
the efficacy of a mans conscience
in leading him along the proper
paths.
Maybe we have been taught the
wrong ideas, but rugged individual
list" would seem to TT Capt. Kid,
Billy the Kid, Al Capone, or any
other buccaneer, either in Wall
Street or Arizona. I can think of
lot of gentlemen who would qualify
under the dictionary definition of
rugged individualist" who now arc
deceased from hanging by the state.
Maybe rugged" makes the differ
ence, but it seems to me that AL
catraz would contains about as
many 'individualists" to the square
inch as the American Liberty
League" or National Association of
Manufacturers Maybe am wrong.
And how could you be your
brothers keeper and remain a
rugged individualist? 1t seems that
I can not reconcile the teachings of
our Christian religion with this
theory of individualism. may be
wrong.
1t just struck me that your rugged
individualist would assume that
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
CHARLES F. COFFIN

THE career of Charles F. Coffin, whose death
occurred yesterday was typical of the best in
Indiana Farm boy, school teacher, college gradu-
ate, lawyer churchman, he lived long and useful
life.
Mr.. Coffin entered the law by study in an attor-
neys Office method common until recently, and
like many Indiana lawyers who entered by the same
gate, achieved success, especially in the insurance
field.
He belonged to sturdy generation fast passing
from the scene generation of many sterling quail
ties which the present generation not safely
do without
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

representative big businesses will re-
veal their increased valuations over
the dark days of 1882 would more
than pay for the entire expense Of
the present administration. This
apart from the far more important
benefits that have accrued to the
home owner, the farmer, the
worker, the man recalled to his job,
and the country at large.
We doubt if Alfred can make a
very convincing appeal to his stock
holders. And we wonder if the ami
mostly he and fellow corporation
executives exhibit is not occasioned
in large part by SECS publicity on
the huge and unwarranted salaries
and bonuses these executives have
grabbed for themselves, too often at
the expense of the workers and
stockholders.
And as far as Alfred's TRADE
against the New Deal is concerned,
it should serve as a boost for it as
far as the average citizen is con-
cerned.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
BISHOP SMITH

bishop SMITH of the Nashville diocese of the
~ Roman Catholic Church was widely known in
Indiana, having been born in the state AS priest
he organized the large parish of st. Joan of Arc,
in Indianapolis.
When priest creates a parish he does vast
amount of constructive executive work not visible
to the layman.
While Bishop Smith had been out of the state
II years he is well remembered here. Among both
Catholics and Protestants are many to regret his
too early death.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
OTHER OPINION
On the Smoot- Hawley Act

On the SmOot- HaWley Act
Henry A. Wallace, Sec. of Agricultural
The bill Originating as farm
measure) proved to be the most
outrageous instance of selling agri-
culture down the river to the ira
ditional beneficiaries of tariff
privilege.
Once again, as in 1922, agricul-
ture had been traded out of its
shirt in a game of log-rolling. An
unholy alliance of cement, lumber,
coal and brick interests-every one
of them having agriculture as a big
extraordinarily unanswered the
bill through Congress.
Monopolists and others already
well fortified by tariff advantages
established themselves even more
impregnably within the citadel of
protection.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
On the AAA
New York Daily News1


The farmers were producing all
the wheat and corn and hogs and
Gotten they could, which meant
that because of recent rapid
strides in scientific farming, as
we'll as increased acreage, they
were producing more than they
could SELL They were not organ
lied so as to be able to curtail
production to square with con-
sumption-as a business enter
prise can do. This newspaper, for
example, prints about 100000
copies a day, or as many as it
thinks it can sell that day. If we
printed twice rs many copies
every day as we could sell, we
would soon hit the rocks. We car
halt production; the farmers
couldn't.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
WHO'S REQUESTED?

THIRST Herbert Hoovers former secretary Law
Richey, has Amos n Andy down to Mary
land for a turkey shoot, and now the Roosevelts
draft them for cabinet dinner at the White House.
Apparently both sides out after the toothpaste
and taxi votes.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
GAY DEATH
BY POLLY LOIS NORTON

When death went striding down the
road
He had no thought of any one,
His brief vacation just begun,
An hour he'd take from his weary
load!
When death went striding down the
way
To welcome spring-oh, he was
gay
1t is not hard to understand
Why love ran out to hold his hand !
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

whichever place ne went after
death, would, ipso facto, become
Heaven. Does that explain any,
thing?
But anyway, why do we hang
some individualists," imprison
others and listen with reverent awe
to rugged" ones? The dictionary
definition of rugged" does not
make them sound any more at
tractive.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

Times readers are invited to cypress
their UietCs in these columns, religious
controversies excluded. Make pour letters
short. so all can have q chance. Limit
them, to ESQ aCords or less. Your letter
must be sioned. but, names WiH be
t0ithhetd on re0ueSt.)
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
ALWAYS ROOM FOR ONE MORE

HARVARD gets 100000 for ., new School . of
Public Administration That'n make two
the other being the one-rnan school embodied in
Prof. Felix Frankfurter, father confessor of many
of the New Deals bright young
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

The codes are dead The amendment needs ratifca-
ton by II more states, and only nine Legislatures
meet next year in regular session The little workers
in mills, factories sweatshops and other marts viii
welcome their new champions from the farms
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
DAILY THOUGHTS

Neither was the man created for
the woman; but the woman for the
mani Corinthians XII, g.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
Simmons.

A PERSONS character is but half
IA formed till after wedlock.-
Simmons.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17

Member Of United Press. scrlpps-
Howard Newspaper Alliance, News.
paper f nterprise Association.
Newspaper Information Service and
Audit Bureau OF Calculations.
Owned and published daily Tex.
cent Sunday by The Indianapolis
Times Publishing Co, 214-220 W.
Msryland-st. Indianapolis, Ind.
Price in Marion County. cents
a copy; delivered by carrier. II
cents a week. Mail subscription
rates in Indiana. 50 a year: out
side Of Indiana. 65 cents a month.
c@z 81 Phone RI ley 5551
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-12-17
The HOOSier Forum

1ohouy disapproue of aohat you say-and will
defend TO the death your right to sag it-Voltaire.