davidaulloa/AmericanStories huggingface dataset:
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
FEDERAL FARM LOAN BONDS
Hides and Skins

Hides-Green country cows and steers
4i2c fiat; green country bulls and Clues,
SC fat; green country calf hides. SC. fiat;
green country kip. &c: No / large horse
hides with full heads. shanks. names AND
tails, So. so: medium size. So. All MOI
grade horse hides. soc less: CLUES ano
ponies half price No / rendered tallow.
565l2c: No. 2 at value. Yellow grease
Az q Sc dark grease 4n4l5e
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
NET PROFIT DROPS

n IHttN NWfCIUf
NEW YORK, April 24.-Net profit
for 1884 of the Colgate almolive-
Peet Corp. was S3,744.107. equal to
S116 a share on the common stock,
against $373.3S9. or $50 a share on
the 6 per cent preferred stock in
1888. the company's financial report
showed today.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

trade conditions
Financial eX-
perts are inclined
to agree that the
few remaining
countries still on
the gold stan
dard must give
up the struggle
sooner or later.
They b elieve
that even France
will not be able
to h Id out
against the trade
pressure despite
her large hoard
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
INCOMES, EMPLOYMENT
INCREASE FOR INDIANA
Five Other Industrial States Also
Show Gains, Study DiScloSeS.

Show Gains, Study Discloses.
By Times Special
CHICAFO, April 24.-IncomeS as
well as employment are shown to be
on the upgrade in six leading indus
trial states. including Indiana, by a
survey of the annual earnings of
small borrowers, made public today
by B. E. Henderson, president of
Household Finance Corp.
The survey compares the average
incomes. by states, for 1888. for 1888.
"a and 1885. of about 100000 Dor
rowing families a year, who are
distributed about evenly in proper
ton TO population and are represen-
tative of families dependent upon
pay rolls.
The average income of borrowers
in Indiana jumped from sl662 in
1888 to Sl709 in 1885. an increase of
SAT per year per borrower.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
Wall St.
Foreign Exchange
Movements Now
Narrow.
by RALPH BENDERSHOT-
Times Special Writer

NEW YORK. April 24-Foreign
\ exchange price movements
have been comparatively narrow in
TIE last few days. and the Street
has been inclined to drop the gold
standard issue as a market factor.
But it is still there. nevertheless,
and probably Will be coming back
from time to time to disturb world
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

TINE confusion which arises
Il arises when a nation begins to
shop among other nations which
are tinkering with their currencies
may well be imagined, though. 1t
may buy a consignment of goods
from one country at one time and
a second from another. and third
shipment of the same type OF
goods might be from still another.
The regular channels of trade
would be completely disrupted,
and countries which had been in
the habit of producing particular
class of goods for export might
find those goods left on their
shelves.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

NEW YORK April PAT is said that there already satisfactory
the public 1t called the rule OF reason adopted by the Su
was
trade lawful
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

By United Press
PHILADELPHIA, April "a. -
President of the Pennsylvania
Railroad since Oct. 1, 1925, Will
liam Wallace Atterbury today an
nounced his retirement as head of
the system. Mr.. Atterbury, SO.
was born in New Albany, Ind.
Martin w. Clement, vice presi-
dent, succeeds him.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
New Business Books
Available at Library

The following new business
books are now available at the
business branch of the In
dianapoliS Public Library:
GATEWAY TO RADIO (by Ivan
Firth and II. :. ErSkinel-''F 1TSt-hand
information on all aspects Of the
radio industry BY two people who
have written. prepared and directed
broadcaSts'
PRACTICAL BUSINESS STATS
TICS tby Frederick Croxton and
Dudley J. Business is just
beginning 10 use statistics and IL is
safe to say that the use of such
methods will expand rapidly in COM
ING decades.
B'WAY. INC: THE THEATRE As A
BUSINESS (by Morton EuStiSl The
show business from earliest times
has always been speculative and I'M
certain IN nature.
PRINCIPLES OF ACCOUNTING:
ADVANCED (by II. A. Finney)-New
Edition
PUT-AND-CALL TRADING GUIDE
thy Bernard Winfield Puts and
calls serve as = form Of insurance in
stock trading operations.
The EXECUTIVES DESK BOOK
TED. BY ". J. Peio1.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

TREASURY STATEMENT
tBv United Press
WASHINGTON. April Achievement
expenses and receipts for the current fiscal
wear to April %. compared with the cor
responding period of the previous fiscal
year.
This Year Last Year
Expenses SIS. $50. 367. 9l4 25 SIS. 7241l5. 6I2. %
Receipts 3.o51 300 1869 2.454.0 41 .O6l 90
Deficit .-.. 2 .635 058 III 70 3270 OLA $50 40
Cash bal 2.074 $50. 1853 As 4379 902. TAI Al
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
Rule of Reason Called
YardStick of Elasticity
in Gaugi1g Utility Rates
Only Actual Operation of Property Can Meet Require
mentS of BuSineSS-Like Test to Determine
Proper Level, 1t Is Said.
BY TMYNIAN O. ARROTT


of
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

LOCAL CASH MARKET
City grain elevators are pa wing 80 cents
for No. 2 soft RED wheat Other grades
on their merits. Cash corn No. yellow.
81 cents. and oats AZ cents.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
MOUe OUer Industry

Air conditioning Americas lusty infant Industry
1C hold its first annual exposition in NeO York City
the 1ceek Of June TO- it 1caS announced today
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

OF the yellow metal
IT and when all Of the European
countries have discarded gold as
currency base, the United States
might be expected to stop pay
ments in the yellow metal also.
This might well bring the question
of sterilization to the fore again,
and an international monetary
conference would be in order.
The question arises, therefore, as
to how far world trade recovery
can proceed so long as this issue
remains open. But another ques-
ton also presents itself, viz, viii
the trade revival which now seems
to be definitely under way ellml-
nate the necessity of securing IN
ternational agreement, or will each
nation be able to adjust its cur
rency problems without very great
concern for the acts of the others?
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24

1T would be unfortunate indeed II
the world we're to be drawn into
a currency dehation war. None
could hope to gain trade adVan-
tages if an open struggle were TO
develoD. for deflation would be
about as easy for one as for an
other. But all easily could be dam
aged by the uncertainty which
would be created. international
trade would be likely to stop almost
entirely.
AS was the case in the United
States, Belgium. the last country
to suspend gold payments, Went
back on a modified gold standard
after she had devaluated. The
other countries comprising the
gold bloc may be inclined to do
likewise. In such an event IL
might be possible to adjust the cur
rency problems of all nations with
out srieously disturbing trade IN
other countries.
Widespread currency manlpula-
ton is much like a price war WITH
in an industry so long as gold Is
acknowledged as tender for inter
national trade payments and so
long as the price of gold is deter
mined in an open world market.
Devaluation Is the equivalent of a
cut in the price of goods in the
world market. and the cut is de-
ppndent upOn the amount of the
devaluation.
The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965, 1935-04-24
Money and Exchange
TREASURY STATEMENT

INDIANAPOLIS STATEMENT
Clearings NEUTRALITY-SUSPICIOUS.. S2244. 600 90
Debts ACKNOWLEDGEMENTS. 4531 900 90
The Washington times., 1935-12-09
Italy TO Scrap Liner
Burned in Alexandra

ALEXANDRIA, Dec. 9-The
italian liner Ausonia, which burned
in the harbor here in october,
will play her part in the italian
fight against sanctions by swelling
the stores of scrap metal. The
liner, now a blackened hulk, has
been ordered to Italy and will
start its last journey home, towed
by two salvage tugs. She recently
was refloated.
In italy the vessel is considered
valuable for scrap, especially the
copper boilers and other fittings.
The Washington times., 1935-12-09
TUNNEL Spill |
SUP RAIL
ANITA ALEXANDER

Baltimore and Ohio Railroad
passenger trains between Wash
ington and New York were tied
up for about six hours last night
when seven cars of a freight train
were derailed midway in the tun-
mel between Mt. Royal and Cam
den Stations in Baltimore.
Through trains were rerouted
over the Pennsylvania tracks
when word of the derailment was
flashed to officials here.
Passengers at the Camden Sta
tion waiting for northbound trains
were taken to the North Charles
Street Station of the Pennsyl-
vania Railroad in taxicabs.
The trouble started when a
freight locomotive drawing 80
empty cars emerged from the
tunnel at Camden. The coupling
between the third and fourth
cars parted, causing the auto
matte system to apply brakes on
all cars. The train buckled in two
places.
Two cars were thrown against
the stone wall of the tunnel and
it took four hours to lift them
back to the tracks.
The Washington times., 1935-12-09
ROOSEVELT
ASSAILS )
CRITICS
Says Selfish Interests
Pit City DweIIer
Against Farmer
Text of Presidents speech on
page g.
BY GEORGE E. DURNO

BY GEORGE E. DURNO
CHICAGO, Dec. 8 UNS).
Twelve thousand cheering farm
erS, cattlemen and their friends
assembled in Chicago'S famed
stockyardS today to hear Presi-
dent Roosevelt denounce selfish
interests, which he charged are
trying to wreck his farm program
by playing the city dweller against
the farmer.
The big Stockyards amphithe-
atre was packed when the Presi-
dent was introduced by Edward
O'Neal, head of the American
Farm Bureau Federation.
Cheers greeted Mr.. Roosevelt's
denunciation of "the political
profiteers," the dispensers of dis
cord" and "the calamity howlers. >
Secretary of Agriculture Henry
Wallace and a distinguished gath
ering Of ChicagoanS sat behind
the President while he defended
the recently-executed trade agree
ment with Canada and told the
rural regions of the country as
whole that his farm program
had gone over the top.
The President drew cheers when
he announced the "buoyant, hap
py life" is coming back.
The President left the amphi-
theater for the Saddle and Sirloin
Club and an early luncheon i'm
mediately following the ceremo-
nies incident to presentation OF tn
Farm Bureau Federation medal.
He received a rising ovation.
Though he had travelled all night
on his special train from Warm
Springs, Ga, Mr.. Roosevelt ap-
peared in fine fettle and untired
as he progressed with his speech.
He gesticulated freely, shouted to
emphasize certain points and in
variably won recognition Of his
audience for these perorationS.
Mr.. Roosevelt did not mention
any of his critics by name, but
his speech was easily interpreta-
BILE as an answer to recent utter
ances of former President t
Hoover, Col. Frank Knox, Chi
cago publisher, and others, at
tacking the AAA and the Cana
dian reciprocal trade agreement.
The President struck out Wig
orously at the middlemen and
professors who, he said, "are do
ing their best to foment city
people against the farmers and
the farm program.
''It is difficult to explain why
in many cases if the farmer gets
an increase for his food crop over
what he got three years ago, the
consumer in the city has to pay
two and three and four times the
amount of that increase" as
serted the President.
Lifting prices on the farm up
to the level where the farmer and
CONTINUED on Page 4, COL ~
The Washington times., 1935-12-09
H0EPPEL, so N
COON TRIAL
CHARLES J. HoEPPEL

A jury of ten men and two
women was quickly chosen today
to listen to testimony today in
District Supreme Court in the
trial before Justice Daniel w.
O'Donoghue of Representative
John H. Hoeppel, of California,
and his son, Charles A. Hoeppel,
on a charge of conspiring to so
licit a bribe.
Specifically, the Congressman
and his son are accused of con-
spiracy to sell a West Point ap-
pointment for $1,000 to James w.
Ives, of Baltimore, former Olym-
pic athlete.
Although the jury was chosen
quickly, considerable time was
consumed by the defenSe's at
tempts to keep out persons having
had connections at any time with
the Army. Representative Hoeppel
is a former enlisted man.
Assistant D1 S CT Attorney
David F. Pine endeavored to ex-
clude from the panel persons sym
pathetic with the Townsend old
age pension plan which Repre-
sentative Hoeppel supported in
the House.
Father and son have employed
separate defense StaffS.
Major General Samuel T. An
sell, former Adjutant General of
the Army, and Colonel Edward S.
Bailey represented Rep. Hoeppel.
His son was defended by Samuel
King, brother of Senator William
H. King, of Utah, and Kenneth
N. Parkinson, member of the
District Boxing Commission.
The Washington times., 1935-12-09
JapS Demand Parity
At Naval PaPIeY

reached. In particular the United
States and Britain sounded con-
ciliatory notes.
Japan, however, voiced her ex-
pected demand for a navy as great
as either that of the United States
or Great Britain, and abolition
of the 5-5-3 ratio making her sea
ornaments inferior. Adm r al
OSami Nogano spoke for Tokyo.
Davis Gives Warning
Ambassador Norman H. Davis,
head of the American delegation,
sounded a direct warning from
(COntinued on Page S, Col. y
The Washington times., 1935-12-09
FINAL PEACE
PLAN FOR
ITALY
France, Britain Agreed
On Terms of Last
Ditch Proposal
BY MICHAEL WILSON

PARIS, Dec. 9. G.N.S0.-It is
up to Benito MuSsolini to decide
whether the League Of Nations
shall ban oil, coal, and iron ship
ments to Italy, and II Duce has
just three days to make up his
mind.
Acting with complete solidar.
ity," Premier Pierre Laval of
France and Foreign Minister Sil
Samuel Hoare Of Britain have pre-.
pared for MuSsolini a "last ditch
plan to give Italy half of Ethio.
pia.
If MusSolini accepts the plan
even as a basis for discussion"
before the League of Nations
C ON m ttee of 18 meets at
Geneva. Thursday, the oil EN-,
barge will be held up; but if he
remains imm ovable, as his
speech Saturday indicated, Italy
and so nations of the League
will come to grips in an econ,
omic struggle of unpredictable
portent.
A Big Week
This momentous week has
packed in it brief events that
will have tremendous effects on
the worlds history-MuSSolini'S
decision, the naval conference
in London whose end may mean
a naval construction race, and
probable crystalliZation of the
autonomy movement in north
China.
Before the peace plan goes to
Mussolini, however, it must be
approved by Prime Minister
Stanley Baldwin, who is expected
to meet with leading members of
the British cabinet in London
after the naval conference opens
today.
Maurice Peterson, English
foreign office expert on East
Africa, carried the plan to Bald
win today, and the premier is
expected to approve it. Ambas-
sador Sir Eric Drummond will
probably lay it formally before
MuSsolini on Tuesday, but Mus
Solini, through his Paris agents,
knows its provisions already, as
does the press.
Short of Demands
Well-informed quarters were
deeply pesSimistic. The plan
falls far short of MuSSolini'S de-
mands as broadly outlined last
october. Besides, neither the
league nor Ethiopia may approve
the scheme, even if II Duce, by
accepting them as a basis, puts
off further sanctions.
The exchange of territory" in
the Laval-Hoare plan, official
sources and the French press
CONTINUED on Page ,, Col. 2.)
The Washington times., 1935-12-09
By DAVID SENTNER

LONDON, Dec. 9 G.N.SD With
the greatest naval armaments
building race in world history the
probable price of failure, the Oft
postponed five-power naval con-
ference opened in the Locarno
room of the Foreign office today
in a setting of grave solemnity and
utmost decorum.
In opening addresses setting
forth their respective countries
aims, delegates of Great Britain,
the United States, Japan, France
and italy uncovered slim hopes
upon which an agreement may be
The Washington times., 1935-12-09
CUMM|NGSH HITS
D. +. LINE RULE
ROSS ALEXANDER

Virginia's 200-year-old dispute
with the District of Columbia on
boundary lines, apparently settled
last week. burst into flames again
today with an announcement by
Attorney. General Cummings,
branding the settlement as "un-
satisfactory"
"The report is unsatisfactory
from the standpoint of the Gov
ernment," Attorney General Cum
mings declared, land is open to
objections on various grounds,
especially in view of its apparent
conflict with two decisions of the
Supreme Court of the United
States on the precise points at
ISSUE"
High water mark, low water
mark, Potomac flow and Capt.
John Smith delineationS all had
their bearings on the controversy
and a specially appointed COM
mission, after more than a years
deliberations, finally weighed the
quarrel in what was generally in
terpreted as Virginia's favor.
Involving. as it does, the Wash
ington and Hoover airports and
the bird sanctuary south of Mt.
Vernon boulevard, as we'll as
valuable commercial properties,
the commissions decision, subject
only to the ratification of the Old
Dominion legislature and Con-
gresS, was believed to have ended,
once and for all, a battle which
dates back more than a century.
The Washington times., 1935-12-09
TRY TO DUST.
BERRY AS
CHAIRMAN
A. P. Haake, Director
OF Furniture Associa-
tion, Leads Revolt
BY ERIC FRIEDHEIM
International News Service

The Administrators conference
to enlist cooperation of industry
and labor in attaining business
stability was thrown into confu-
sion shortly after its opening to-
day when several delegates de-
handed loudly that Industry Co
ordinator George L. Berry be de-
posed as the conference chairman.
Immediately after Mr.. Berry
opened the conference with a plea
that the assembled representa-
tives of management, investment
and labor demonstrate industrial
craftsmanship" and manifest their
patriotism" in formulating pro-
gram to solve the pressing prob
LENS of unemployment, A. P.
Haake, of Chicago, managing di-
rector of the National Association
of Furniture Manufacturers,
leapeG to his feet, demanding elec'
ton of a new chairman.
Roosevelt Foe Nominated
"I nominate John O'Leary as
the permanent chairman Of this
conference" shouted Haake.
Mr.. OLeary is head of the Ma
chine and Allied Products 1nsti
tute formerly was president of the
United States Chamber of Com
merce, and is an arch critic of the
Administration.
A chorus of booS swept through
the spacious hall which was
jammed to capacity with nearly
$500 industrial and labor repre-
Sentatives.
Mr.. Berry, still on the platform
shouted above the tumult that the
meeting was in recess and that
Mr.. Haake was out of order.
Robert w. Irwin of the Irwin
Furniture Company of Grand
Rapids, Mich, joined with Mr.
Haake, and from the floor sought
to force a voice vote on the lat,
ter's motion to nominate Mr.
OLeary.
Mr.. Berry steadfastly maintain.
ed the meeting had adjourned
temporarily and order was restor
ed.
In his opening address, Mr.
Berry criticised the declaration of
organized industry to wage war
on the Administrations economic
policies.
RapS Manufacturers Group
Referring indirectly to the plat.
form of the National Association
of Manufacturers which pledged
itself to oppose the President dur.
ing the coming campaign, Mr.
Berry said:
II appreciate in times of distress
that we must have a victim, !
fully understand that those at
Continued on Page 2, Col. p
The Washington times., 1935-12-09
Supreme Court Finds
German Had Fair
Trial in N. J.
Bruno Richard Haupt-
mann today lost his appeal
to the Supreme Court to
escape death for the murder
of the kidnapped Lindbergh
baby.

An appeal to the New Jersey
Court Of Pardons for commuta-
ton to life Imprisonment was
certain today when the Supreme
Court turns thumbs down on
Hauptmann'S plea.
Hauptmann's lawyers are hope
full that the New Jersey investi.
CATION Of the case by Governor
Hoffman, as well as their own,
may furnish a basis for a petit
ton for a new trial on the
ground of newly discovered
evidence.
AS the Supreme Court convened
today, the magnificent new court
room was jammed with officials
and lawyers eager to hear argu.
ments which may decide the fate
of the AAA.
Long before the nine black.
robed justices walked to the bench
through rich red draperies the
court room doors were closed.
The court was to render opin-
ions in many caSeS-and perhaps
either grant or deny Bruno Rich
ard Hauptmann a review-before
argument on conStitutionality of
the AAA processing tax begins.
Attorney General Homer Cum
mings and Solicitor General Stan
ley Reed occupied front seats.
Court Room Crowded
George Wharton Pepper, of
Philadelphia, former United States
Senator; Edward r. Hale and Ben
Eett SanderSen were to argue that
the AAA is unconstitutional.
So great was the crowd that
United States Senators, including
Senator Costigan (D) of Colorado,
were forced to stand up.
Spectators, other than lawyers,
were frozen" out. Many of them
apparently thought that Haupt-
mann, convicted of the murder of
the infant son of Col. Charles A.
Lindbergh, would be present in
person to hear the court pro-
nounce his fate. Hauptmann
awaited word in the New Jersey
State prison at Trenton.
The Washington times., 1935-12-09
us. SHIP FOUND
SAB0TAGED
JOHN H. HoEPPEL

STON, Dec. 9 0N.S).
Sabotage has ruined the 100000
turbine reducing gears of the new
U. S. cruiser Quincy at the Fore
River Shipyard, the Boston Even
ing American charged in a story
published today.
The damage. the newspaper
said. was caused by placing loose
steel nut in such position that
vibration caused by starting the
electric gear machinery would
cause it to fall into the vital revo-
lutionary part of the gears.
Accident Held Impossible
Department of Justice agents
and Navy intelligence officers, the
American said. are making an
under cover investigation.
Investigators established that
not a single nut of the type found
has been used in the construction
of the Quincy and that it had been
taken aboard the ship from
another section of the yard.
Officials, checking personnel
present at the test, eliminated
the possibility that the nut had
been tossed into the gears and
reached the conclusion that it
had craftily been placed so
vibration would cause it to drop
into them.
The actual damage to the
gears was 100000 and it will
cost as much more again to rip
out recently completed steel work
on the rear deck to fit new gears.
Completion Delayed Month
The sabotage has delayed COM
pletion of the $8,000,000 fighting
ship another month.
A fire in August destroyed the
electric control room of the
Quincy, wiping out nearly all of
the expensive and intricate wir-
ing of the main switchboard.
The Quincy was launched June
10 and was to have had her
trials in January.
She is the first Navy vessel
equipped with eight-inch guns of
special construction firing a new
chemically-treated ammunition ex.
pected to speed up range-finding
and accuracy.
The Washington times., 1935-12-09

Scotland Yard Is Probing
British Warship Sabotage
PORTSMOUTH, Eng, Dec. 9
0N.SO-Scotland Yard and Ad.
CONTINUED y Page ). Col. -
The Washington times., 1935-12-09
Policeman Stricken
With CIot on Brain

Private Henry B. Mohler. %, of
the Ninth precinct, was taken to
Providence Hospital yesterday suf-
fering from a blood clot on the
brain. Taken i'll suddenly while on
duty, his condition was said not
to be serious. Doctors said the at
tack may have been the result of
motorcycle collision two years ago.
The Washington times., 1935-12-09
WASHINGTON FORECAST

Fair, slightly colder, lOtOsSt temperature
about 20 tonight; tomorrow Increasing cloudi-
ness, fOLloDed by rain at night.
MEAN TEMpERATIJRES