davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
u. 5. TO TAKE
CONTROL OVER
STATE BANKS
Dual System Doomed, Is
Report; All to Be Under
Federal Charters.
Copyright. 1885, by United Press)

Copyright, 1885, by United Press)
WASHINGTON, March 14-Elim-
nation of the present dual system
of state and Federal chartered
banks by bringing all banks under
a Federal charter is an ultimate OBJ
iective of the Administrations
banking programs the United Press
learned today.
The first step in this program is
contained in the new banking act OF
1885 which offers strong induce
ment for all banks to join the Fed
eral Reserve system. Only 6437 of
the country's $500 banks are mem
bers of the Reserve system.
When all banks are brought into
the Reserve system some years
hence. the United Press was told
government officials will give serious
consideration to bringing all banks
under a Federal charter.
The entire program may take 10
years or longer but it is believed the
ultimate objective is that single
class of American banks be estab-
lished.
Both governmental and banking
leaders have repeatedly attacked the
present dual system of banking now
operating under Federal and 48
state laws as contributing to the
recent banking difficulties.
National banks under a Federal
charter have been forced to COM
pete with state chartered banks in
48 states, which in some cases have
established extremely liberal laws
and caused undue competition
with National banks.
Under the governments banking
objective, all banks would be MEM
bers of the Federal Reserve System
which would control in a large part
their credit and other policies. Char
tering of the banks would be done
by the comptroller of currency.
IF this we're accomplished there
would be only one class of banks in
the United States, all members OF
the Federal Reserve System and the
national banking system and all
subject to one Federal law.
Supervision of banks would be
taken out of the hands of state au-
thorities at savings of millions of
dollars to the states. All banks
would be subject to one law and a
unified and uniform system of bank
ing established. Opponents of the
plan claim it would take powers
away from the states and vest them
in the hands of Washington officials.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
Father COughin Reveals Sacrificing
Campaign for Economic Liberty

small people who support his cru
SADIE have been progressively i'm
poverished-has been diverted from
church-building to the cause OF
economic liberty-returning Ameri-
ca to the Americans"
And, as part of the answer to
Gen. Johnson's attack, Father
Coughlin prepares to lengthen his
broadcasting season. On last Sun
day, he laid the problem before his
usual audience. Shall we, he asked,
end the season on Easter or, in the
light of the Johnson challenge, con-
tinue it through the summer?
The response, as so far noted in
the crowded mail room under the
tower, overwhelmingly favors pro-
tracing the season.
The Coughlin followers, in every
state, wish him to continue along
this line whether or not it takes all
summer.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
A New Bible? He Asks

7 THINK the public finally Sickens
Il of such mud-slinging, and l
promise them but little more of 1t.
but I must and shall make clear
the tactics Of this turncoat.
Huey compared me with David
Crockett who. he says, shot pos
sum and did not know that it was
only a louise in his own eyebrow.
/ can assure Huey that 1 didn't
think I was shooting a pOsSum.
In the small minority Of my ad-
verse mail is an unsigned postal
card whose author I would like to
know because I love that kind OF
guy. II saws: IF YOU we're in a
room with 200 skunks they would
all run out-and wouldn't your
face be red" II is red with the
200
Father Coughlin. after likening
himself to George Washington. and
Abraham Lincoln. and even bring
ing in the Savior of Mankind.
saws that I am the servant Of
maSter-a prince Of ISrael-nameo
Manzxseh. who ne said sawed the
prophet Isaiah in two. He is talk
ing about Bernie Baruch. whose
name he gives as ManaSSeh
Baruch. The latter's name Is no
more ManaSseh than Coughlins is
Doodlessck and he knows IT.
The name is ManneS-that OF a
well-knovn South Carolina family
friends Of the Baruch'S. I
haven't even been able 10 ind the
episode Of the rip-Sawing Of Isaiah
IN nv Bible. Maybe Father
Courhlin is writing new one.
think We have the right to de-
mand accuracy as well as truth
from any one who rises IN the
robes Of the church to advise this
tortured people in a crisis. He says
I called the great pool of distressed
people in this country cry-babies
and rats. What I truly said was
that they had been abused snd
we're justified in any resentment.
All this is on the public record.
7 said. as I have said for 10 years
past. long before he began 10 say
snyrhing-that We .1dSU run out
these great injuStices or sacrifice
our government.
Ny only quarrel With either him
or Huey Long is that their remedy
for helping US is worse than the
trouble We are in
fCrrvrirnf 1855 hv rni-ed Feature
rrneurtinn IN Whnls o. in rart forhiccenl
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
Town Is Isolated

(Copyrlght, 1885. by United Press)
SUCCESS, Ark, March 14-This
little town of $50 persons was
trapped by water at least feet deep
on all sides today as flood menaces
increased on Mississippi tributary
rivers in southeastern Missouri and
eastern Arkansas.
Many persons had to break
through the roofs of their homes
to escape the rapidly rising food
waters and call attention to res
cuers," Mayor F. w. Cochrane told
the United Press today.
The town, situated on the east
side Of Current and Little Black
Rivers was isolated except by boat.
raft or telephone.
Rivers, comparatively small, we're
broadened six or eight miles, with
practically all the rich farm
ing lands in the township covered
by water, the mayor described.
Farm lands, including thousands
Of acres of wheat, are covered with
water at least feet deep"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
MYSTERY PLANE HOPS
FOR HAWAII TONIGHT
Robot Pilot to Get Test on
Blind Flight.
,oss nv United Press

(Copvright 1895. BY united Press
OAKLAND, Cal, March 14.-At
midnight tonight mystery air.
plane, guided by a robot pilot and
., new directional compass, will
leave the Oakland airport for Homo
lulu with United States Army fiers
as passengers, the United Press
learned today.
The 2O0-mile over-water trip
from the mainland to the Hawaiian
Islands will be the supreme test of
new blind flying equipment which
NAV revolutionize long distance fly
ing and make commercial air routes
over large bodies of water more
practicable.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14

u h at Father
G y u z h Ii n
thinks Of me 7
am very much
confused my
self. Two DAYS
ago he took As
minutes on the
air to say some
v 2 r y u n
pleasant things
but on Oct. /
I received from
him a telegram
which said
NV d e a r
&c n eral I
1oyed with you
and went with
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
RINTELEN is GIVEN LIFE
Former Austrian Minister Sentenced
in DolIfuss Killing.

VIENNA, March 14-Anton Rim
telen. white-haired former minister
to Rome, was sentenced by a sum-
mary military court today to life
imprisonment for his part in the
Nazi revolt of last July Is, when
Chancellor Engelbert Dollfuss was
asSaSsinated,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
Senate Again Routs Huey

BIZ UHtt66 PT6SS
WASHINGTON, March 14-Sen-
ator Huey P. Long Cd, Lao today
failed in an effort to write into the
work-relief bill a provision that
500 900 900 might be used to provide
college educations for needy youths.
The vote was SO to 27.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
IL Hurt in Rail Crash

By United Press
CARADOC, Ontario, March IA
In binding snowstorm Canadian
Pacific Railways Toronto-Detroit
bound passenger train crashed
head-on into a standing freight
train, injuring II persons here last
night y
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
S7OO,O0O,O0O SOUGHT
IN VILLAGES BUDGET
Bulk of Appropriations Assigned to
AAA Requirements.
By United Press

AAA Requirements.
By United Press
WASHINGTON, March 14.-The
Department of Agriculture and the
AAA will spend 100000, 900 during
the fiscal year beginning July l,
it was indicated today as the de-
partment's appropriation bill was
reported to the House.
The bill itself carried S122, 1888
for regular activities of the depart
ment. In addition, the appropria-
tons committee estimated s578.452,-
500 would be spent from automatic
appropriations which it was not
necessary to carry in the bill. Vir-
tually all this amount will go for
AAA benefits.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
1878 GASLEASE
FAVORABLE TO
stockholders
indianapolis Gas Company
Owners Guaranteed Divi-
dendS by Terms.
RIVAL UNITS MERGED
Citizens Co. Agrees to Pay
Interest on Common
Shares, Bonds.

This is the second Of a series Of
articles on the ramifeztionS of the
nationwide gas situation with emphasis
on the many Developments as they apply
to Indianapolis.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14

In the first few years of its eX-
istence, the Citizens Gas Co. was
competing with the Indianapolis
Gas Co., of which large blocks of
stock we're in the hands of Commo-
dore Benedict. popular figure of that
day, and the Standard Oil Co.
There was, however, a slight diff
ference in the operations of the
competitors, as Citizens produced its
gas as a bv-product of coke, where
as Indianapolis Gas received its sal
able product from retort ovens and
water gas plants.
Evidently concluding that there
was no necessity for two companies
to supply gas to the same commun-
ity, the Indianapolis Gas Co. de-
cided to quit the field in 1913. Vol
ney T. Malott then headed a local
syndicate which acquired the entire
10000 shares of common stock at
90 to 95 per cent of its face value of
$50 par.
This same company in 1902 had
issued a portion of an authorized ST..
500 900 issue of first mortgage 5 per
cent bonds. due in 1852. BY the end
of 1918, the amount of such bonds
outstanding was S4,833.000 These
obligations are a first lien on the
entire property of the indianapolis
Gas Co, which, of course, includes
the mains.
Take Over Entire Plant
With control of indianapolis Gas
Co. vested in the hands of local citi-
zens. Mr.. Malotts syndicate in Sep
TENDER of that year leased the en-
tire plant and property of their
company to the Citizens Gas Co. for
a term of 80 years. While the lease
was wholesome in itself in that it
tended to merge the properties of
the two companies and end duplica-
ton of services, the contract was a
very complicated document.
Under its terms the Citizens Gas
Co. agreed to pay to the Indianap-
0lis Gas Co. a yearly rental Suf-
ficient to pay per cent interest on
the 100000 common stock, 5 per
cent interest on the outstanding
bonds. taxes, expenses, royalties and
charges and to maintain and oper-
ate the leased property.
The Citizens Gas Co. also agreed
10 keep the property in repair and
to make all needed betterments and
improvements. for which the In
dianapolis Gas Co. was TO issue its
bonds and deliver them to the
Citizens Gas Co.
New Deal for Owners
This lease created a new deal for
the owners of the common stock.
Whereas under the old regime they
were entitled to dividends when
earned. the lease guaranteed the
payment of these dividends for the
full 90 years of the contract at the
attractive rate of S per cent an
nually. AS a result the common
shares within the space of a few
months were transformed from an
ordinary speculation TO membership
in the much more select fraternity
of Observation-Disclosures securities.
A further indication of how we'll
the owners of the Indianapolis Gas
Co common stock Jared under the
lease is seen by an analysis of one
OF the provisions of this document.
Originally the contract was made on
the basis of a rate of IS cents each
1000 cubic feet for gas.
A clause, however. provided that
when the maximum gas price is
between IS and so cents the total
annual dividends on the common
shares shall be stepped up from
$4,000 to $4,000. A further lift
in the dividends to sl35,00O is pro-
Turn to Page Five
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
Gen. Hugh S.
JOHNSON
Says:
WASHINGTON. March al

UTASHINGTON. March IA
w can't answer the verbal
bis.'s Of either Father Coughlin
or Huey Long in 500 words. Yet 1
must some day answer so much Of
their statements as are not true. l
think the country Is not very much
interested in what I think Of these
men personally or what they think
If me. Indeed on the subject Of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
DESPERATE THOUSANDS
FLEEING FOR LIVES FROM
RISING FLOOD WATERS
Worst Conditions in Last 80 Years. Is Report
of Federal Engineers Stationed in
Missouri and Arkansas.
Situation Far Worse Than in 1927 and in 1881,
Is Word From Sector; Steady
Exodus Is Under Way.
BY United Press

Thousands of townspeope and farmers residents along
tributaries of the Mississippi River today fleeing for
their lives from rising waters that threaten the worst ooo
conditions in so years.
Government engineers and National Guardsmen, sta
toned along the Black and ST. Francis Rivers in southern
Missouri and northern Arkansas sounded warning today
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
Good Night, Father
Fellow Members of Green Pastures Cast Revered
DE Lawd' Off Stage.
BY DONALD POND
Times staff Writer

II ICHARD B. HARRISON Almighty" remark
N his which loved greatly and to the
greatly though had suspected
first.
newspaper interview Harrison
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
ARMS CONTROL
v. Of r. W. Chief Calls Munitions
Industry Racket"

81 uffe8 Press
WASHINGTON. March I4-De-
nouncing the munitions industry as
a racket that would put 10 shame
those OF org nized gangdom." Com
msnder James z. Van Zandt Of the
Veterans Of Foreign Wars today
urged Federal control Of arms man
ufacture. He also recommended
taxes in wartime TO "equalize the
paw OF al civilians and soldiers"
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
81 CHILDREN INJURED
IN SCHOOL BUS CRASH
Two Critically Hurt When Machine
Is TeleScoped.

JACKSON. Tenn, March "A
Thirty-seven school children were
injured, two critically, when their
school bus was telescoped by truck
loaded with livestock and the
entangled vehicles tumbled down a
2O-foot embankment near here to-
daV.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14
T0DAY'S WEATHER

Tomorrow's sunrise. 5:57 a. m;
sunset. Ssh ? m.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-14

fCopvrirht. fess hv United Feature
Syndicate. Inc All rights reserved. re
production IN whole o. in psTt for6iddsnl
Evening star., 1935-03-10

From Winter to
Spring. After a cold
snap that left this
decoration of ice on a
fire truck, New YOrk'S
W "a her suddenly
turned Springlike and
drew a huge board
walk crowd to COney
Island.
Evening star., 1935-03-10

Heat-twisted cowling foils BluebirdS speed
record attempt crowd gathered around Sir
Malcolm Campbels huge racer after his near
accident at 27O miles hour last Sunday at Day
tona Beach, Fla Above, Sir Malcolm telling OF
his nerve-racking experience.
Evening star., 1935-03-10

Dropping in be-
tween pl a n e S.
Gary Cooper and
his wife. the for
mer Sandra Shaw
of New York. had
time for little
more than a smile
as they changed
planes at Wash
ington Airport en-
route to Florida.
Evening star., 1935-02-19

A nationally known quality broadloom.
woven of stock-dyed yarns to achieve a
perfect, unbroken sheen of color. And
such gorgeous colors jade green, rose
taupe, wood brown and burgundy. Buy
it in any length you wish.
Montgomery County sentinel., 1935-01-17
GERMANTOWN

Mr.. Walter johnson of Alta. Vista
the former manager of the Washing
ton Senators and the present manager
of the Cleveland base ball team, has
purchased the 552 acre farm of the
former D. w. Baker.
Mr.. and Mrs. Prescott Benson and
family of Chevy Chase, were the
guests of Mr.. and Mrs. C. t. John
son, on Sunday.
Miss Mary P. Waters was the week
end guest Of Misses Eleanor and
Virginia White of Darnestown.
The P. T. A. met at the school on
Tuesday evening. It is hoped that the
new building will be ready for use by
the first of Femruary. Hot lunches
are now being served at the school.
Miss Claire Poole is at the Mont
gomery County General Hospital.
Miss Poole is suffering from an at
tack of the grippe.
Montgomery County sentinel., 1935-01-17
LAYTONSVILLE

In compliment to DR.. and Mrs. v
H. Dyson who expect to leave this
week for several months stay in Flor
ida, neighbors gave surprise party
on Monday evening.
Those participating were Mr.. and
Mrs. William I. Warfeld, Mr.. anc
Mrs. G. G. Griffith, Mr.. and Mrs
Washington White, Mr.. and Mrs. H
Samuel Riggs, Mr.. and Mrs. Henry
Griffith, Mr.. and Mrs. Merhle Haines
Mr.. and Mrs. Elgee Riggs, ST., Mr.
and Mrs. 2. M. Waters, Mrs. Mary
Riggs, Mrs. Gordon Keys, Miss Grace
Roberts, Miss Elizabeth Griffith, Mrs
Uriah Griffith, Mrs. James Christie
pher, James Christopher Miss Rosanne
Roach.
DR.. and Mrs. Dyson will occupy
their bungalow in St. Petersburg dur
ing their stay in the South, together
with DR.. and Mrs. Warfield of Rock
vile who have preceded them. Mr..
and Mrs. Clarence Webb, the latter a
sister of Mrs. Dyson are also in St.
Petersburg for the winter. Mr.. and
Mrs. Griffith expect to leave the latter
part of the week to join Mrs. Grif
fith's father and sister, Mr.. Bartlett,
and Miss Vashti Bartlett in Passa
Grille not far from St. Petersburg.
At meeting Of the Rector's Aid of
St. Bartholomew Parish held on
Monday in the home of Mrs. L. c..
Probert of Olney, officers for the year
were elected. The vice president Mrs.
Harry Benson presided, and the meet
ing was opened by DR.. Thomas F.
Opis, rector.
The parish includes three churches,
st. Bartholomew at Laytonsville, the
mother church, st. Johns at Olney,
and St. Luke's at Brighton. The new
officers were chosen from the MEM
bership of the three churches: Mrs.
L. C. Probert, president; Mrs. Thomas
Hyde, vice president, both of St.
Johns; Mrs. Merhle Haines, of St.
Bartholomew's, secretary; and Mrs.
Henry Clarke of st. Luke's, treasurer.
Mrs. Uriah Griffith entertained the
contract bridge club in her home in
Laytonsville on Saturday, having in
addition to the club members, Mrs.
James Christopher, Mrs. Clara Mob
ley and Miss Lula Bell, Of Chevy
Chase; Mrs. Henry Griffith, of Gath
ersburg and Mrs. w. w. Griffith of
Laytonsville. The club will be enter
tanned at luncheon by Mrs. Mary
Riggs on January 20.
Montgomery County sentinel., 1935-01-17
POWER ON THE FARM

Announcement from Washington that the federal power
commission is making study of methods by which
electricity can be carried into hundreds of thousands of
farm homes without it should strike the average ct
zen sensible There crying demand for this
very thing and movement that be attempted in 1885
VIII benefit greater number While the farm owner will
be the prime beneficiary the entire community into which
the power is carried will also benefit.
But it means as much for the farm wife as for the
farmer himself Too long has she been without the labor
saving devices to which her sisters in the and cities
are accustomed Too long has she without the leisure
to which she is just much entitled anyone else Elec
1ciy on the farm work wonders her and add an
attraction to rural life that nothing else can supply
Increasing the buying power of the farmer is recoe-
nized essential to the prosperity the nation But
putting electric the farm also essential and
will help to hasten that prosperity This new task to which
Uncle Sam is about to set himself electric power
to thousands of rural homess of the most sensible
projects this nation has attempted.
Montgomery County sentinel., 1935-01-17

Mrs. John Ne, Mrs. Mary Riggs.
George Hun
Mr.. and Mrs. La Mar Kelly, and
Mr.. and MSs. Oliver Perry attended.
the automobile show in New York.
Mrs. J. Darby Bowman entertained
one of the Tuesday bridge clubs this
week at the Hungerford Tavern with
the following members present: Mrs.
Albert M. Bouic, Mrs. Randolph Tai
bott, Mrs. Almus Speare, Mrs. Barn
ard Welsh, Mrs. Julian Whiting,
Mrs. Edward Peter and Mrs. Adolph
GUIDE.
Miss RUBY Gott entertained one of
the Monday night bridge clubs this
week at he1 home in Washington.
Those presdnt were Miss Katherine
Benson, MiAs Mildred Ward, Miss
Margaret Tyler, Miss Mary Somer-
veil, Mrs. Robert Howes, Mrs. Joseph
Stimek and Miss Dorothy Viett.
Mrs. Townsend Howes had as her
guest over the week end her sister,
Mrs. Harold Innes of New York.
Montgomery County sentinel., 1935-01-17
Rockville NeWsY And
Social Item)aI

DIR. Edward S. Lamar has returnes
to his work at the Massachusetts, In
stitute of Technology, Cambridge
after passing vacation with his par.
ents, Mr.. and Mrs. George H. Lamar
Mrs. Clyde Stuart was a guest fol
a few days of her sister, Mrs. FREQ
H. Benson in Berwyn.
Miss Elizabeth Guide entertained
the following friends at her home,
Misses Peggy Smith, Ruth Ramsdell
Ellie Ramsdell, Marie Horning, Ce-
celia Fisher, Nancy Diamond; Messrs
Ben Ramsdell, Hampie Jones, Jr., Ed
Brosius, Jr., Buddy Speare, Bill
Smith, Gene Ochsenreiter, Craig
Diamond, John Bowman and Richard
Diamond.
Mrs. Frank McClung entertained
one of the bridge clubs at her home.
Those present were Miss Joseph
Stimek, Mrs. Allan Vogt, Miss Jean
Skaden, Mrs. Gordon Keys, Miss
Emily Blandford and Miss Catherine
Cockburn.
Mrs. Charles G.. Holland was hos
tess on Tuesday to one of the bridge
clubs at her home with the following
guests, Mrs. Harry Dawson, Mrs.
Theodore Mason, Mrs. William Read
ing, Miss Mary Lyddane, Mrs. Hazel
Cashell, Mrs. Mary Brooke, Miss
Margaret Dawson, Mrs. Howard Lar
comb Mrs. Thomas Griffith, Mrs. John
L. Brunett, Mrs. Nichols Brewer
Montgomery County sentinel., 1935-01-17
BOYD

Mr.. and Mrs. Franklin Carter ar,
the proud parents of baby boy
Arthur Eugene.
Mr.. James L. Higgins has cele
brated his eighty-fourth birthday. A.
this age Mr.. Higgins is still very ac
tive.
The small son of Mr.. and Mrs
Ralph Cutler, who has been ill with
chickenpox, is much improved.
Mrs. Carl Rubie, who has been very
i'll for several weeks, is quite i'm
proved.
The Ladies' Aid Society of the
Presbyterian Church will meet or
January 81. Mrs. Frank Wire anc
Mrs. Gassaway Linthicum will enter
tain. All members are requested to be
present.
The Christian Endeavor Society Of
the Presbyterian Church met on last
Sunday evening at 8 o'clock. Mrs
Kerr was leader. Her topic being "a
Christian"
The Christian Endeavor off, the
Presbyterian Church will meet on
Sunday evening, Jan. 20, at o'clock
Miss Marjorie Virts will be leader
Her topic will be "a Citizen"
Misses Lena Dalton and Mildred
Schaeffer of Hamilton, Ohio, visited
Mrs. Florence White recently. &
Mr.. w. M. Williams spent Saturday
and Sunday with his daughter, Mrs.
B. N. Headley, in Washington. p. C.
Mr.. John Allen, son of the g1ate
Senator Allen of Virginia, visited Mr..
E. Kingston Pickrell last Sunday.
Mr.. Cooley, of Shepherdstown, w.
Va, was the overnight guest of Mrs.
Florence White and Mrs. Lula Dud-
row recently.