davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
JUDGE AWARDS
S265,OOO CASH
TO MRS. PERRY
Capitalist Is Also Ordered to
Pay S22.666.65 to
Wife's Counsel.

AIimony Of s2s5 600. attorney fees
totsInE so sss IS. and $1,000 for the
final months support we're awarded
Mrs. Mae n. Psrry. wife Of Norman
A. Psrry. Indianapolis capitalist
yesterday by Special Judge Pred c
Cause. IN Superior Court.
A divorce, based on charges Of
misconduct. vas granted 70 Mrs.
Perry. The family residence, 1883
n. Meridisn-st. also was awarded 20
Mrs. Perry.
The attorney fees in the divorce
decree we're fixed At $4,000 with
1856 SIS for costs % handling the
legal action
50 DAYS 10 Paw Lawyers
Mr.. Perry was given so DAYS to
paw the attorneys fees and five days
10 pay the $1,000 support order.
Mrs. Perry vas awarded custody
Of the son. Norman A. Perry Jr. The
case has been under Amusement for
approximately six weeks. Attorneys
for both sides failed n agree on the
amount Of the slimony At the con-
cllsion OF the trial.
The major portion Of the evidence
during the divorce hearing was on
Mr.. Perry's ability To pay alimOny.
Mrs. Perry in her suit asked $1,000
600. The city capitalists wealth was
estimated at from $500 600 20 nearly
100000.
Evidence Heard in Secret
Much Of the testimony dealt with
the value of the Indianapolis In
dams baseball club. as well as
realty properties IN the city Mr..
Perry owns
u was charged in closing argyll
ments that Mr.. Perry had been IN
innate with women and that on one
occasion his wife found him in the
apartment Of another woman.
Evidence on the actual divorce
charges we're heard behind closed
doors. The Law firm Of Mstson.
Ross. McCord & Clifford represented
Mrs. Perry. while Mr.. Perry's attor-
news were Floyd Mattice. Homer
Elliott and Charles W. Jewett.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
Inspect Street Department

Street department plants and
equipment were inspected yester-
day by the city council as guests
of Mayor John w. Kern and Claude
E. Shower, street commissioner.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
Church to Give Musical

The Young Peoples Christian
Union of the First United Presby-
terrain Church will present a musical
program at 7:20 Friday night, June
IA. at the church, amidst and
Park-av.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
CHURCH GIVEN FUNDS
United Christian Missionary So
ciety Named in Thompson VIII.

United Christian Missionary So
ciety, Indianapolis, will receive
more than one-half of the s12.50O
estate of Mrs. Clara Belle Thomp-
son, widow of James l.. Thompson
former Liberty city clerk. The re-
mainder goes to the Christian old
peoples home, Jacksonville, III.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
The Religious Question Box

Times
IN.
where's personal reply 10 stated
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-06-07
WORLD WAR NURSES
TO MEET IN AUGUST
Indiana Group viii Join Legion in
Convention Here.

Indiana World War nurses will
hold a reunion during the state
American Legion convention here
Aug. "a to q. according to plans be-
Ing worked out today. The nurses
committee includes Mrs. Theresa
Msgruder. chairman. Veterans Hos
pital: Mrs. Bertha Walter, Elkhsrt;
Miss Birds Hunt. KOkomo; Mrs.
Catherine Myers. Indianapolis. and
Miss Margaret Cody. Indianapolis.
The Washington times., 1935-01-01
INITIATION OR SOCIALISM
BEFORE END Of NEW
YEAR, SAYS HANEY
By LEWIS HANEY
professor of Econol


No make positive prediction for 1885 as whole
and especially the timing of events We still uncertain
as to political action bearing money credit taxes labor
The Washington times., 1935-01-01

Confidence in the cooperation
of the public in the anti-crime
drive of the Department Of JUS
tice is voiced today by Attorney
General Homer S. Cummings, as
he extends the seasons greetings
to The Washington Times. He
states:
"The fine courage Of our peO-
pie in meeting the social and
economic challenge Of the times
enables us to start the New Year
with pride at what has been &C
cOmpliShed and confidence the
foundations of our national we'll
being will be still further
strengthened in 1885.
From the viewpoint Of the
Department Of Justice I believe
the increased responsibilities
which have come to us, not alone
in our legal activities, but in our
attempt to deal with crime, pre-
sent to us unique opportunities
that will challenge our best ef.
forts.
I'm the solution of these prob
lens, the public is showing an
intelligent and sustained inter-
est. The recent conference on
crime proved, if proof was
needed, our people will not fail
to assert themselves in their
own interest whenever facts are
offered on which public judg.
ment can be based"
The Washington times., 1935-01-01

CD Undoubtedly much depre-
citation of plant and equipment
has gone on, suggesting the ulti-
mate need of replacements, and
machine-tool orders have turned
upward.
90 Credit is more than abun-
dant, with enormous excess re-
serves in the banks, and money
rates abnormally low.
But an equal list Of unfavor-
able factors might be presented.
It is necessary, however, only to
refer to the condition of debt and
uncertainty which has already
been stated. The future is being
so heavily mortgaged by public
debt that profit prospects are
greatly limited. The value of
money is too uncertain to allow
either saving or investment or
long-term business plans.
The probability seems to be
that the present period of expand.
ing business will carry into the
spring-say through March. Then
another one Of the several New
Deal recessions is likely to set in.
Then. again, stimulants will be
administered in the form Of gov
ernment spending and lending
Most observers seem to think
that 1885 will be a little better in
business volume than 1894,
though profits are more doubt
full. They seem to think that
we can somehow rock along much
as in 1884, and that eventually
some forces of recovery" will
assert themselves, perhaps next
year. Then "all will be we'll"
In my opinion, they underesti.
mate the differences made by
the New Deal in the possibilities
of normal recovery from this de-
preston.
The outcome is more likely to
be either Cd estate socialism"
and some such control over in
duStry and currency as the die
tatorshipS in other countries have
resorted to; or (2) the usual
spread Of "fear initiation" and
flight from the dollar. In the
latter event, the immediate re-
course might conceivably be a
speculative boom in reaf estate,
since the usual escapes" from
the dollar are under Government
control, while building may be
encouraged.)
In the event that some phase
OF Socialism is the recourse,
we might enter a period durinr
which for several years the
nation would learn that political
leaders are worse than business
leaders, and that the tyranny
Of the mob brings down
standards of living for all.
But If the forms of capitalism
individual initiative) are to
be retained, as Administration
spOkesmen still assert, there
will surely be resort to a great
initiation. In that event, there
will be but q short sharp
bOOm-perhapS beginning next
fall-fOllOwed by the inevitable
collapse, and the final liquida-
tiOn Of this long postwar mad
ness Of ours,
The Washington times., 1935-01-01
SLOAN EXPECTS
RISE ON TURN
To RIGHT
BY ALFRED p. SLOAN, JR.

BY ALFRED p. SLOAN, JK.
President, General Motors Cooperation
have for some time past con-
tended that there is very definite
evidence that the deflationary
forces, which have played so i'm
portant a part in the worlds in
dustrial depression, largely spent
themselves in the summer of 1882
and that slowly but surely, there
has been developing since that
time a foundation for world re-
covery. I might call that "Funda-
mental No. l."
Next, we must appreciate, and
this fact is frequently forgotten,
that it is impossible to violate sue
cessfully, natural economic law, al
though we can formulate economic
policies that modify the effects Of
such law. These policies can &C.
celerate or decelerate the normal
process Of depression and recovery.
Applying this thinking to the eco
Ionic policies Of the United States
and limiting the discussion to such
policies as affect industry, in
which I am more directly con-
cerned and have better opportunity
for observation, I am inclined to
think that what we have done has
been, on the whole more harmful
than beneficial. We have deceler-
ated rather than accelerated the
normal processes Of recovery.
That is Fundamental No. e"
Solution Seen
I am convinced, hence I am en-
couraged, and believe all have
a right to be encouraged, over the
fact that there is developing at the
moment, a sounder approach to
the solution of these vital prob
The Washington times., 1935-01-01
Cotton Prices Rise
AS Exports Slide

NEW YORK, Jan. G.NS0.
In q year marked by vigorous Gov
eminent control over the entire in
dustry, cotton values during 1884
made substantial upward progress
and attained the highest levels
since 1880.
Using middling upland spot cot
ton as the basis of comparison,
prices rose more than 21a cents
pound. Final quotations in 1893
put middling upland at 1890 cents
a pound, compared to the approx.
mate 13-cent figure prevailing as
this year drew to a close. At the
end Of 1882, the price was 6.10
cents.
A sharp falling off in the volume
The Washington times., 1935-01-01

profits, and foreign trade. Further dOVern-
ment experiments are probable.
In a negative way, this fact makes it prob
able that business cannot really prosper, for
business men cannot make plans when econo-
mists cannot forecast business. Unless coun-
ter-revolution in politics occurs, there seems
to be little chance for normal business recov-
cry in 1885.
The big problem continues to center in
DEBT. Credit is debt. We overexpanded pri-
vate credit in the 1929 period. Now we are
overexpanding Government credit-trying to
relieve private debts by expanding public debt.
The Washington times., 1935-01-01

lens. Our thinking is becoming
more in harmony with the natural
economic law to which I have pre-
vioZsly referred. There is o
greater appreciation Of the I'M
portance Of the wealth creating
payroll, q yard stick that
measures our progress toward re-
covery, as distinguished from the
unproductive payroll. This Is
Fundamental No. g."
I have stated the fundamentals
as I see them. The question next
arises as to the Interpretation OF
these fundamentals. The fact
that there is a foundation not only
for recovery but the possibility OF
accelerating the processes Of re-
covery, and a broadening intell1-
gence as to the principles involved
in the solution of the component
problems, justifies the belief that
we are making progress, and that
conditions in 1885 should be some
what better than in 1894,
The Washington times., 1935-01-01

Of cotton exports DUNG the past
few months has brought urgent re-
quests from many trade sources
for immediate Government action
to alleviate conditions in foreign
business centers.
The Washington times., 1935-01-01
KEENAN, GREETS TIMES
Aide to Cummings
Urges Further War
On Crime

Joining with his confreres OF
the Department Of Justice, Joseph
B. Keenan,, Assistant U. S. Attor'
ney General, expresses his greet
ings to the readers Of The WASH
ington Times. He said:
1.-THE new year will come and
20 with the ever present prob
lem Of crime with us. Last year,
new and useful Federal laws
were enacted permitting the
Federal government to take q
more direct hand in aiding In
the common cause Of bringing
crimes Of violence under more
reasonable control.
shoulder to shoulder with
State authorities, we hope to
make progress from year to year.
and with the aid Of the public,
make our country q safe and
happy abode"
The Washington times., 1935-01-01
Over-the-COunter
Market Is Active

The over-the-counter market
was active on many fronts dur.
ing 1884. Bank and insurance
stocks again comprised important
sources of volume, but increased
interest developed in other lines
and the market in general was
the most diversified in recent
years
The Washington times., 1935-01-01


The excuse given is that we
might make business better by
inducing business men to borrow
Government credit (debt) through
the banks. But honest individ.
uals are unwilling to go into debt
under prevailing conditions of
monetary and profit uncertainty,
and bank loans have been de-
clining. So the so-called "credit"
supply which is piled up in banks
by means Of Government debt, re.
mains unused.
AS I see it, the key to any
3ong-term forecast lies in the ques-
tion, can we expect a normal re-
covery on the base of present con-
ditionS? To my mind, the answer
is no. We have too much infla-
ton and maladjustment to allow
1t. There is at present no basis
for business confidence.
III this be true, and II we at
tempt to retain individual ini-
tiatiVe, we confront two alter-
natives: ~ We must either
hquidate and defIate, or (2) We
must go further into debt, and
initiate. I do not think we can
bOggle along in an experimental
way for another year, trying to
initiate and defIate at the same
time. Before 1885 has ended.
the scales must tip one way or
the other.
But if this conclusion be true,
Is the further development not
reasonably certain? Does anyone
think that our people or their
leaders" are willing to confront
deflation? I would say that de-
flation is definitely a political
1mpoSSibilty." The Administra.
ton would not dare to take the
opprobrium of such a course.
Moreover, our business leaders"
themselves have steadfastly re-
fused to go through the wringer.
Thus arrive at the cOncIu-
sion that further initiation is
highly prObable-practically in
evitable, unless we replace bust.
ness with Socialism. And it
seems almost equally probable
that it will come before the end
Of 1885 - say by putting into
circulation the New Dealers
profit" on the seizure of our
gold.
At this point in the argument,
We are told that, even so, all that
would happen would be credit
Initiation" and that this would be
controlled" I venture to predict,
however, that no buoyant and
optimistic "credit initiation" can
be started, and that, even If it
were, it could not be controlled.
I feel sure that no kind of fur
ther Initiation can be forced upon
this country unless it be through
the fear Of currency depreciation,
resulting in a renewed flight from
the dollar. And unless a marked
change occurs in the temper of
the people, such "fear initiation"
Is likely to get started this year.
All this is the more disappoint-
ing, since some real progress has
been made in 1884, and some
favorable conditions now exist.
Cd Considerable liquidation Of
private debts and mortgages has
gone on, and frozen" bank loans
have been reduced thereby.
(2) Popular confidence in banks
has been restored.
Cd Some price Embellishments
have been relieved.
90 The statistical position of
some farm products has been i'm
proved by drought.
90 Several important lessons
have been learned about the
limitation Of monetary tinkering,
price fixing, wage boosting, etc.
(6) The dollar has become
more stable, and further "devalua-
tlcn" seems remote.
The Washington times., 1935-01-01

For the correct time telephone
the office Of THE WASHINGTON
TIMES, District 1000, at any hour
of the "A.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
SWINE MARKET
HOLDS STEADY
Cattle Supply Light With
General Trade Active;
VeaIS Even,

With trading less active than in
previous sessions, the pork market
at the Indianapolis Union Stock
yards today remained steady at
yesterdays best average. A slight
ly weaker demand prevailed in all
claSsificationS during early dealings.
Sharp declines, resulting mostly
from extremely heavy supplies,
during the last two sessions brought
the top price for good and choice
hogs down to 1910. Today's re-
Ceipts were estimated at $500, the
same as in the previous session.
The bulk, 100 to $50 pounds, was
selling at $3.50 to $3.50, while
heavier weights, ranging from $50
pounds and upward, brought $8.10 to
$3.50. In the lightweight division,
porkers scaling from 100 to $50
pounds, sold at SIPS to 1925. Light
lights, from 100 to 100 pounds,
cashed in at Sc to ST. Packing sows
held at $3.50 to So. Holdovers
numbered BOT.
With early supplies light in the
cattle market, general trade was
active and steady to strong. Few
spots were slightly higher than
yesterday. No good and choice
offerings were on sale. Vealers held
stationary, selling at $3.50 down
Interest was light in the lamb mar
ket and no early sales were re-
ported. Receipts were only 200.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
STOCK MARKET
TRADING LIGHT;
PRICES uneven
Majority of Changes on Day
Are Fractional; TobaC-
cos OFF.

NEW YORK, March 21.-The
stock market drifted irregularly in
light trading during the first two
hours today Around noon the list
ranged between gains of a point
to losses Of more than point, a ma
jority of the changes being frac-
tional.
Tobaccos sagged to new lows for
the year, but pressure was lighter
than yesterday in the group. United
States Steel, General Electric and
American Radiator lost fractionally
American Can was depressed to 112,
off H..
Union Pacific was a strong spot
in the rails, rising a point to 87
Other carriers we're about steady.
Utilities met support and f1rmed
from early lows. Coppers were
steady and Silvers slightly easier.
Motors lost fractionally.
Food shares were lower with Ma
tional Dairy Products and. Ma
tional Biscuit at new lows for the
year. Wet stocks f1rmed on IA
vorable Schenley report. Farm i'm
PIGMENTS were Steadied by further
gains in the grain market.
American Telephone dipped to
1003s, off 81. and Western Union
lost a similar amount to 21h.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
PEOPLES LIFE WRITES
S8,157,623 BUSINESS
1884 Activity Brings Total Insurance
to S44,OOO,0OO.

The Peoples Life Insurance Co.
of Frankfort, Ind, wrote $8,157623
in new business during 1884, accord
ing to the annual statement issued
by E. o. Burget, president and gen.
eral manager. This brought total
insurance in force to $44 100000.
Total assets of 1884, 143 include
$4,O75 1902 in real estate first mort
gage loans. The company mate
rally increased it's government bond
account which, with municipal
bonds, totals $279,3 Cash in banks
amounts to $242,014.
The policyholders' surplus totals
$89O,973; reserve on policies, $685.
257, and a contingency reserve for
losses, $190,973.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
VILLAGES ACTION
IGNORED BY WHEAT
Commodity Moves Down a
Bit at Opening.
By United Press

by Chlte6 PfeSS
CHICAGO, March 21.-The wheat
trade was little impressed by action
of Secretary of Agriculture Henry
A. Wallace. who late yesterday re-
moved all restrictions on 1885 spring
wheat planting. Prices at the start
on the Board of Trade were little
changed from yesterdays last levels.
At the start wheat was off 1s to
u cent, corn was off Il to u cent,
oats were unchanged to down q
cent, and rye moved 1s to Il cent
higher against the trend.
The Department of Agriculture
said before Mr.. Wallace made his
statement that spring wheat plant
ers would SOW about 17,847,000 acres.
The modification of the control pro-
gram was expected to increase this
figure to about 100000 acres.
Other factors commanded the at
tention of the trade this morning,
however. The dust storms in the
Southwest, which tormented the
growing crop all through the week,
abated, but this section of the win
ter wheat territory remained badly
in need of rain. Another bullish
factor was firmneSS in Liverpool.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
New Business Books
Available at Library

The following new books are
now available at the business
branch Of the Indianapolis Pub
lie Library:
THE SECRET WAR FOR OIL (by
F. c. Hanighenl The history of the
next generation or two will be read
in the light Of the struggle for oil,
says the author
PUBLIC UTILITY VALUATION
FOR PURPOSES OF RATE con-
troll (by John Bauer and NATHANIEL
Gold Valuation is not value in
the ordinary economic or commercial
sense. but rather the basis for the
determination of the return that
must be allowed to public utility
companies or investors"
UNEMPLOYMENT INSURANCE:
LESSONS FROM BRITISH EXPERT
ENCE composed by National Indus
trial Conference Board.
DICTIONARY OF DATES Ccom-
posed by Helen Rex Kellerl-A his
tory of the world by dates. from
earliest times through 1880. arranged
under countries.
KELLY'S DIRECTORY OF MER-
CHANTS, MANUFACTURERS AND
SHIPPERS OF THE WORLD, 1884.
OFFICIAL RAILWAY GUIDE.
December, 1884.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
COURT TO GET PLAN

NEW YORK, March 21-R. G.
Page, chairman of the reorganiza-
ton committee Of Associated Tele-
phone Utilities Co., announced that,
upon the application Of the COM
mittee, the Federal District Court
here had ordered a hearing to be
held on May 9, 1925, for the pur-
pose of considering the final con-
firmation of the reorganization
plan,
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-03-21
Other livestock

BY United Press
CHICAGO. March .Hogs-Rsoeipts.
strong 70 mostly iOc higher than wednes-
dsy. 20o-sOO lbs. $500 $50. TOP. sssS:
al IS. slauEEter piss. IS 50 a -: packing
sovs. SSNe25, light lights l4o-lo0 lbs
fsS-3o60 lbs Sood and choice. ss7SGSso:
medium weights. 2OO-2S0 lbs. GOOD ana
Chccie. IS 60I S.. heavvWeiEh-s zoo-sSG
lbs. good and choice. s. sous 81 packlng
81 IS. slaughter pigs. i00-i40 lbs. 5000
ana choice IS SOS cattle Receipts.
tive. fed steers and yearlngs steady %
strong. better grade suitable 70 snip
shade EighsT IN instances. She-st,o S St5ong
90 CSC higher. bulls strong 70 loc hinsr;
2s. odd head. 50 50. best Wsighty steers.
sis Sc. slaughter cattle and vealerS. steers.
$4,000 lbs. g0od and choice. 50. sou 1875:
e7o-lioo lbs good and choice, lisa
is7S. iio0-l50o BIS. good and choice.
$40 Is IA. i500-f5oO lbs. good and choice.
$40 s0gIs. s50-l3O0 lbs. common and me-
dun IS 75G 10 50. heifers. 5S0-150 lbs.
good and choice. s9Nl.5o. common and
medium. $50 2 IS COWS. 5000 So-sSN ?,
common ard medium. - SIS, low cut
ter and cutter COWS. sslt. bulls. yesrlings
common and medium. s. 2Sdss5. vsaleTs.
zlod and choice. sTIq Is. medium S6fIF.
Gun and common ssHs. stocSers and
and choice s. 50 IS. common and me
dunn S. 2506.75 Sheep Receipts. Is. 600.
2Sc or more lover, shep and feeding lambs
little changed. desirable slaughter lsmos
bid IS downward carlys asking IS 3 and
Snd lambs LAMBS. 80 lbs down. Sood sno
choice s. 50t1 s.. common ana medium.
$50 s .s i 81 S09 Is. and Soos sh0 ssd
choice ssE 5o- az weights. common and
medium. So 50. feeding lambs. SOS lbs.
Eood and choice. IS 2SftI.
LAFAYErTE. March .-Hogs-Nsrket
81 s0 1ss-150 lbs IS 90 e3O-215 lbs IS so.
9-s-so0 lbs IS 20. sOO-s25 lbs S. 10. $50
rs $3.50 i55-I60 lbs IS. is0-ls5 lbs
81 IS. iso-iSo lbs. $50, i00-l40 lbs. sS.7S
las. foughs IS down calves steady.
s. 81 lambs. IS down
= WAYNE. March HosS-Msrket
10 % IS cents higher 2oo-3so lbs IS SIS.
z50-330 lbs. s. a.. 3c0-3S0 lbs. $50 i6O-
Zoo is s. g ls2 o. rs $ 60 ls0 ~
rolEhs. s72s. stays IS Calves. Sc
by Times speeiaD
LOUISVILLE. March 2i.-Cattle-Re-
ceipts. $50 market generally steady OF all
.-----v rr4t~ r,sls -0rr,s, - -,s5i-.-,s
steers and heifeTS s. 1sN 50. better I'm
ished fed steers. cuotacle % AROUND $40 3.
sa.S go Ss,ss- Sypes s4o1sss y Sc 81
- better. low cutters and cutters. mostly
81 1sas. thin shelly loW cutters down 70
ale beef bulls. 70 Sc most desirable beef
tvre stock calves. STT7 50, choice steer
calves 90 IS or Better. Calves Recei PTS.
SIS including 80 stock calves market
steady. bulk good 20 choice vealers weigh
frE $50 lbs I'D. s. S0Hs. strictly choice
around 200 10 weights. s. 50. medium and
lover grades. IS 50 down Hogs-Receipts
coo, market steady top and bulk better.
1880 lns IS IS SIS lbs Up s. 80. 49,
IT'S lbs SITS. Iso-lsS los. s72s. i7o-isS
lrs 81 30. soWs Weighing 400 lbs down.
"a 80. heavier sowx discounted 81 cents
sneep-RecelptE. So. market steady: bulk
--edlunn. to-Ecod lambs. sIGss chaics.
lslctacle around 80 50. common throwouts.
mcstiy g. bulk fat ewes. s3-so down