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The Indianapolis Star from Indianapolis, Indiana • Page 2

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Indianapolis, Indiana
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THE INDIANAPOLIS SUNDAY STAR, JULY 2, 1939. PWA BEGIN NEW EXISTENCE 'Agencies Under Single Head First Time--Orders Sent to States. Washington, July and PWA, the administration's alphabetical agencies to distribute relief and create employment, entered a new phase of their lives today, consolidated for the first time under one head. But aside from changes in WPA ordered by Congress, the two agencies will continue for the time being with their same programs. The main change will be in the name: WPA now means Works Projects Administration instead of Works Progress Administration.

John M. Carmody, administrator of Federal works agency which took over functions of the old and PWA today under the government reorganization, told newsmen he had confidence in the present setup of each and for the present would continue with old to officers, personnel, and programs except where changed specifically by law. Orders Transfer, Col. F. C.

Harrington, the commissioner of works projects, telegraphed all state administrators to transfer to the new WPA, without change in salary, all old Works Progress Administration employes and to proceed with, work orders. The only exceptions, he said, would be the Federal theater projects which were banned specifically under Col. the new. "clarke, acting missioner of public, works, ordered PWA to continue 1938 program as it was turned over to by former Administrator Harold E. Ickes.

Restrictions Congress wrote into the relief bill will require WPA to make some changes in administrative procedure. President Roosevelt, when ing the bill last night, said in a public statement that its restrictive features would work hardships on approximately 8,000,000 persons, "who through no faults of their own are in dire need." Objects to Change. He objected specifically to the change under which relief workers, instead of getting the prevailing labor wage scale, will receive pay based on what at various times may be computed to be local living costs. The President also criticized a provision that WPA employes, except. war veterans, who have had 18 consecutive months on the pay roll automatically shall be dropped for 30 days.

The measure, he said, should have allowed those in dire need to remain on the roles. Abolition of the Federal theater projects, he said, was "discrimination of the worst type" against a group of professional people wito would be denied work in their own profession. Harrington sought to ease the blow by directing WPA state administrators to keep all theater project employes on the pay roll at current salaries for the time being, a step Congress authorized. One Exception. He also ordered work projects authorized prior to June 30, 1939, to proceed in all instances where funds had been set aside for them.

The one exception, he said, would be building construction. No project would be undertaken hereafter. he said, which called for outlay of more than $50,000 of government money on a Federal building or more than $52,000 on a locally sponsored non-Federal structure. Col. Clarke ordered a survey of applications for more than 5,000 pending public works projects to determine which could qualify as dating projects.

Heretofore, PWA has made grants for 45 per cent of projects and loans for 55 per cent. The proposed new $3,860,000,000 lending program contemplates an expanded PWA which will make loans for the full amount of the cost of projects, but no grants. Lewis Criticizes Act. The relief act also was criticized tonight by John L. Lewis, president of the CIO, and Herbert Benjamin, secretary-treasurer of the Workers' Alliance, union of WPA workers and the unemployed.

In a statement, Lewis described the act "terrible blow" to the unemployed and a repudiation of the Democratic party's 1936 form which promised work for the unemployed. Benjamin attacked particularly the wage provision which he said would mean a reduction in the wage and living standards of workers in all parts of the country "to the starvation levels which the Southern workers have been compelled to suffer." He referred to the wage restriction as one brought about by "the dominant Garner-Republican bloc in Congress." In turning PWA over to Carmody, Ickes gave him a report of its accomplishments which he said showed it to have been a "most effective agency for business recovery." Ten Billion Man-Hours. Since 1933, he said, the PWA had provided more than 10,200.500,000 man-hours of direct and indirect labor on 27,929 projects costing 790,419,925. In all, he said, PWA had made 34,439 project allotments estimated to cost $5,951,614,357. There now are under construction, he said, 462 projects costing $2,147,722.676 on which mores than 500.000 men are employed.

Ickes also said PWA had sold more than $600.000,000 of bonds taken as security for loans and had made a profit of more than 000,000 in premiums. 16 Cities Are Selected For Wage-Hour Offices Washington, July 1. (P) Administrator Andrews announced today selection of 16 cities in which regional offices of the wage-hour administration will be established. He did not make known the dates the offices would open. The cago office will serve Wisconsin, Illinois and Indiana.

Political Refugee Pressure Thwarts Immigration Act's Original Intention Washington, July which see that the thwarted original intention the United States came from The act went into effect 15 ago today. It was admittedly tended by Congress to close sluices on the broad stream of migration from south and Europe. It set an annual quota of and gave Great Britain and alone a total of 83,574, or 54 cent. It awarded the other of northwest Europe--France, Switzerland, Sweden, Belgium, Denmark, the Netherlands Norway, liberal quotas which, zether with Great Britain and land, amounted to 65 per cent the total. Rush of Refugees Starts.

Those percentages were pretty well maintained until 1937 the rush of political refugees began. Although official figures for fiscal year which ended yesterday are not yet available, a compilation from high government source veals that: German refugees were the jority of all immigrants who came the United States in the fiscal year just over. The total Germany was about 33,370. number of immigrants entering United States being about 55,000, this is Political 60 per cent of the and racial refugee sure also accounts for filling quotas of Poland, Hungary Czecho-Slovakia (now part of Germany) and overflowing into nonquota category. Poland sent about 7,525, Czecho-Slovakia, 3,375, Hungary, 1,070.

If these are added to the Gertotal they make up about cent of our immigration in fiscal year. Back at Starting Point. In other words, the United States back again to where it was years prior to the immigration of 1924-with central, south eastern Europe providing majority of America's new foreignpopulation. That will continue for some seems certain owing to the backlog of immigration visa applications piling up in Germany, Roumania, Poland and Hungary. are already sufficient to fill quotas for years to come.

Since the immigration act went effect in 1924 it. was followed seven fat years, then seven lean and now the fat years seem have started again. In the a total of about 2,187,000 permanent residence were dot, quota and nonquota immigrants. Of this number were issued in the first seven and only 269,663 in the next years. The second period, course, coincided with the lean financial the depression.

compares with one bumper 1907. when 1.285,349 immigrants came in. Now the trend toward the fat years again. Point Vital Need Of Playgrounds Concluded From, Page One. lack of supervision of leisure time of children.

They contend that. a child who may be inclined toward delinquency for various reasons, can be kept out of trouble if his mind is occupied at a playground or at some useful playtime' work, such as handcraft classes. 75,000 Children. The city has approximately 000 children of elementary and high school age. This means that, on the average, 1,400 children must use single playground.

The average a playground, authorities assert, should not be more than 500. The problem facing those who are interested in betterment big, of the Indianapolis playground situation is that of boys and girls more than years old. They are not permitted on the playgrounds by regulation of the recreational department. Social workers agree they should not be permitted to engage in activities of children from 4 years old to those in their early 'teens. Gangs of boys--and often girls -hundreds of them, unable do find employment, cause worry to playground and park supervisors.

The survey showed that many and playgrounds have no facilities for the older children. Leaders in the campaign have stressed urgent need of community unity in solving children's aproblems. Support is Weak. Many community are under way in the city, but few have unanimous support in development of more recreational facilities for children. "Community demand, plus, qualifed leadership in each community, stand out as the greatest need for a well-balanced recreational for facilities for children's playgrounds," one of the lenders of the campaign said.

Citing need for more supervision, the survey shows that 49.80 (per cent of the accidents among all school children last year occurred during hours when children were not supervised, either by teachers or on playgrounds. The among elementary grades was higher- 360 accidents amounting to 54 pier cent. Need in Indianapolis for, improvement of its recreational tem is not new. Back in 1929, Eligene Leis, a national leader' 001 recreation, was brought to Indiasapolis. He said that, while (the park system was adequate, the playground facilities far below the needs of the city.

Woman Attorney Claims Record for Smallest Fee, Tampa, July Jane what Brannon, attorney, she believed was the smallest, fee ever paid a lawyer. One of a group of seamen sh defended in court here said he harts no American money, so gav her an Arabian dime, about a thire the size, of a penny. NEUTRALITY VOTE DRAWS HULL PLEA Favors New Deal Proposal As Pittman Says House Aids Hitler. Washington, July -Voleing a new plea for approval of the administration's neutrality program, Secretary of State Hull pointedly told Congress today that it was needed not alone for this country's own interests, but to encourage world peace. The administration program, he said in a statement, "is not only best calculated to keep this nation out of war in the event war comes, but also, what is all important at this time, best calculated to make a far greater contribution could the present law or its equivalent the discouragement of the outbreak of war." The secretary's statement was made at a press conference, but it was obvious that it was directed as well to Capitol Hill, where a coalition of Republicans and Democrats in the House ripped the administration's measure.

to pieces last night and an embargo on arms nations at approved, war. Charge Move Aids Hitler. The present law includes a mandatory embargo on sales of arms, ammunition and implements war to belligerents. Repeal of this provision is the heart of the administration's neutrality program, but the House voted for an embargo on sales of arms and munitions, merely striking out "implements of war." Representative John M. Vorys who sponsored the amendment, explained that he wanted to forbid sales of "lethal" weapons, was willing to permit sales of airplanes, oil, copper and other products which might be embargoed under the existing statute.

In some quarters Hull's statement was interpreted as a warnthat failure to repeal the embargo completely would encourage dissatisfied nations to aggression, since, the arms factories of this country would be closed to their victims. Chairman Key Pittman Nev.) of the Senate foreign relations committee put this viewpoint blunt language by asserting that House members who frustrated administration's wishes "have really adopted a policy of help Indorses Hull's Views. "If this encouragement results in war in the next 30 days, there will be more thoughtful consideration of the problems," he said in a statement. Pittman said he indorsed in entirety the views expressed by Hull, but at the same time indicated a belief that there would have to be come concessions to the House if any bill was to be enacted. "There is no use in the Senate taking any action that will not be confirmed by the House." he said.

At the same time, Pittman, proTossing not to know the meaning of the, House's action, said the House-approved bill must be studied carefully by the Senate committee, which will meet Wednesday to take up pending neutrality legislation. "It seems that the House placed an embargo on lethal instruments, Pittman said. "I do not know what they are unless the House defined them." a brickbat is a lethal, instrument. Sometimes an airplane is and sometimes it is not." It was apparent that the Houseapproved bill would not be acceptable to many of the varying Senate schools of thought on neutrality legislation. Borah Not Satisfied.

Senator Borah said he personally was not satisfied with the modified version of the embargo, as approved by the House, but did not know what other members of the so-called "isolationist' bloc would do. And among some senators there was al disposition to regard the matter as having been settled by House, leaving no reason for Senate action of any kind. Senators Robert M. La Follette Bennett Champ Clark and Gerald Nye expressed the opinion that there would be nothing done by the Senate since the House had turned down the administration proposal. Hull left no doubt, however, that the administration still was desirous of seeing its program enacted and had, not given up the fight.

"In these circumstances," he said, after outling his views, "I must continue to urge the adoption of this proposal." Peace Units Hail Action. The House-approved neutrality bill, besides modifying the arms embargo provision of the present law, would prohibit loans to belligerents, except commercial credits of not more than 90 days. Permitting the President to bar belligerent submarines and merchant vessels from American ports, the legislation also would provide that Americans could travel on belligerent, vessels only at their own risk. The munitions control board would be continued and with it the government licensing of arms and ammunition shipments in peace and wartime. Eight peace organizations hailed the legislation today as a congressional defeat of the administration's arms embargo proposal, calling it "one of the significant triumphs in the struggle for democratic government, and we believe, a turning point in the effort to end war.

Bankhead "Apprehensive." These organizations included the National Council for Prevention of War, Women's International League for Peace and Freedom, World Peaceways, Peace Section of the American Friends Service Committee, Fellowship of ReconciliaLabor Antiwar Council, Youth Committee Against War and the City to Dicker for Water Company; Advised Price $1,500,000 Too High Concluded From Page One. costly equipment now available is not worth its present reproduction cost, but is worth the equivalent value of newer designs, less accrued depreciation applicable to the older property." Discussing underground mains protection, maintained by the company for fire Mr. Dickerman declared that "there is no reason think the underground system has deteriorated from specific corrosion or electrolysis to any important In fixing a valuation on the property, Mr. Dickerman said he considered physical property and land, working capital, including materials and supplies and such intangibles as organization, development, water rights and going concern value. The company purchased several hundred acres of land near Oaklandon for a new reservoir but no steps ever were taken to build it.

The real estate, however, is ineluded in the proposed purchase price. Total Investment $18,200,000. been a total cash investment of $18,200,000 in the water company, including $200,000 for the Broad Ripple dam, canal and tow path, in 1871. The complete report, made public by Mayor Sullivan, disclosed that during the last three years the company has shown an age net income from operations of $1,268,391. Based on this figure, Mr.

Dickerman sets out that the capitalized value of net income would be somewhere between 514,000 and $23,060,000, depending upon the interest rate on bonds. "The great advantage to the city if the purchase is made," Mr. Dickerman said, "is in that it appears it can borrow the entire capital represented by the final cost and expense to it on approximately a 3 per cent basis or probably lower, whereas, the present setup on a private ownership basis calls for annual expenditures of $866, 532, on $18.438,400 of bonded and preferred stock capital or an average rate of 4.7 per cent. The holder of the common stock (the Geist estate) will doubtless demand a return well above that average, at least 5.5 per cent on the total investment represented by bonds, preferred stock and whatever is paid for the holding company's stock. ole may even demand 6 per cent.

a 6 per cent basis the recent average earnings can be capitalized at $21,140,000. Deducting the above fixed investment of $18,438,400 leaves $2,701,600 as the justified net investment in the common stock of the holding company by a private investor on the basis of present earnings." Mr. Dickerman's report out that as of Dec. 31, 1938, there, had Operating Expenses Noted. Mr.

Dickerman safd he did believe the operating expenses the company could be reduced under municipal ownership. the present standards can be maintained and savings of $100,000 operating expenses be attained under municipal management, will be remarkable." he declared. The report also set that the event of inflation, the city out, would benefit by purchasing company now. "Before the country," Mr. Dickerman said, "is, in the opinion many well people consciously being pushed by influential groups, a probability of decline in the purchasing value the dollar due to action of government, directly and indirectly.

There is very little chance of an appreciation in value of the dollar, with a consequent decline in commodity prices. On such a basis, the purchase of the water company property by city at this time will save to public the the necessity of paying the advanced value of the solely due to a decline value of the property, dollar, if it later wishes to buy the property, Mr. Dickerman pointed out that, although he fixes the actual physical worth of company property at $18,825,000, he believes that because of a low interest rate, combined with the dangers of inflation and other factors, the city could well afford to pay $2,000,000 for the common stock of the water company, plus the physical value and cost of other incidentals. Rates Are Considered. Mr.

Dickerman further pointed out that "if the property is not acquired by the city, but remains in private hands, it is highly probable that rates will be raised proportionately to the decline in the value of the dollar. The city under its issue of revenue fixes its investment in terms of dollars, regardless of the possible future value of the dollar when it pays off its debt. This may appear as a rather intangible item but in the writer's opinion it needs serious consideration and is a real argument to acquire the property now, even if necessary at a price above its fair present value." Mr. Dickerman reached the following conclusions in his report summary: "There has also been pointed out that as a practical matter under public ownership due inherently to the extraordinary low rates of interest acceptable in the present bond market, the $1,268,391 recent average net earning a year after paying operating, expenses, taxes and accrual to depreciation reserve, will cover. the interest and amortization charges with a cash balance Keep America Out of War gress.

Speaker William B. Bankhead, who took the microphone in the House yesterday to plead against adoption of the Vorys amendment. told his press conference today that he was "very apprehensive" of possible foreign repercussion to House refusal to remove the embargo. "I believe this action of the House has been keenly observed by some of the governments abroad which might be classed as troublemakers and I fear they might draw the conclusion that there was a lack of concerted action between the executive and legislative branches the government on this question of foreign policy," the speaker said. Electric Eye on Guard In Westminster Abbey London, July Westminster Abbey was given an ultra-modern gadget today an electric eye.

Fixed for alarm if marauders get into the chapel of Edward the Confessor, who started building the Abbey in 1050; the device is designed to protect the coronation chair and the "stone of scone" on which Celtic kings were crowned. PALMER'S WIDOW ASKS $10,000,000 Claims Fortune Left to Playboy by Grandparents' Will. Sarasota, July Pluma Louise Palmer, a former waitress, began a legal fight today for a $10,000,000 fortune to which she claims her late husband, Potter D'Orsay Palmer, was entitled under his grandparents' will. Mrs. Palmer, who was the fourth the 35-year-old playboy heir, filed suit in Circuit Court for declaratory, the decree estate ordering and an a settlement of her claims.

Before her husband's death May 15 Mrs. Palmer suit for cancellation of a wri.ten agreement she charged she was forced to sign to prevent discontinuance of her husband's allowance by his parents, Mr. and Mrs. Honore Palmer. In the agreement, she said, she relinquished any claim to a widow's share.

in the estate. That suit charged the agreement was void because it was obtained under duress. Today's suit named Palmer's parents and an uncle, Potter Palmer, as defendants. Clipper Completes Trip From Ireland New York, July 1. (P) The Yankee Clipper, carrying 18 Federal officials and observers, arrived at its Port Washington base at 6:08 p.

m. (Central standard time), completing the first round-trip mail flight to England by way of Newfoundland and Ireland. The huge ship left Southampton at 9:17 a. m. yesterday and paused briefly Foynes, Ireland, Botwood, New foundiand, and Shediac, New Brunswick, before proceeding to New York.

Among the passangers was John Cudahy, United States minister to Ireland, who said he made the trip "for fun." He said he would confer with President Roosevelt next week. Stephen Early, one of the President's secretaries, said of the trip: "I've never experienced anything like it and I don't think any one else has. It was great." Capt. Harold E. Gray, skipper of the craft, said the northern route was "very good in spite of the fog." He said the three-day layover the ship made at Shediac on the trip over was "ultra conservative." The ship will leave for Balti-1 more tomorrow and fly over the same route to Europe next Saturday.

Miss Lotta E. Honnold Is Wed to W. J. Eckerts Mr. and Mrs.

James L. announce the marriage of their daughter. Miss Lotta E. Honnold, to William J. Eckerts yesterday in the home of the Rev.

George M. Smith. The couple will be at home at 1202 North Capitol avenue, No. 15. WALLACE IS TOP SPENDER-LENDER the years inthe imeast 153,774 Ireland per nations toIre- of of political refugees has behind the immigration act of 1924, overwhelming majority of immigrants to countries of northwestern Europe.

"NO SURRENDER," ROOSEVELT ROLE Monetary and Neutrality Legislation Is "Must," President Holds. Washington, July -(P)-President Roosevelt reported today to have taken surrender" position in his twin battles with a rebellious Congress over monetary and neutrality legislation. Friends declared he had no thought of compromise on either issue and Secretary Hull, only today, reasserted administration's demand for neutrality legislation of the sort which the House turned down last night. Administration leaders had a long holiday week; end to rally their shattered forces for a vote Wednesday on legislation to revive President's power to devalue the dollar and continue operation of the $2,000,000,000 stabilization fund. Minton Sees, Victory.

Both sides admitted the result was in doubt, though Senator Sherman Minton predieted final adoption of a conference report already approved by the House. Senator Robert Taft said he believed the report might be beaten. The prospects for neutrality legislation was another question. Some opponents contended that the issue was "dead" for this session. Some legislators contend a favorable Senate vote Wednesday would not revive the monetary powers which expired at the stroke of midnight Friday.

New Legislation Needed? Senators Taft and Arthur Vandenberg Spearheads of the Republican attack, asserted today that new legislation would be necessary. Senator Alva Adams author of the Senate amendment to the which would put an end to the devaluation section, said if the Senate approves the pending legislation there could be no question as to the President's right to cut an additional 9 cents of gold value out of the dollar any time in the next two years. The $2,000,000,000 stabilization fund, however, could not be revived by the pending legislation, he said. 1 "That $2,000,000,000 is a part of the Treasury's general fund now," Adams declared. Asserts MeNutt "Looks the Part" Virginia Editor Comments Favorably on 1940 Candidacy.

Star Bureau, 1397 National Press Building. Washington, July The Alexandria (Va.) Gazette, oldest daily newspaper in the United States, describing Paul V. McNutt as A man who "looks the part" of a President, comments editorially on the home-coming of Hoosier hope. In an editorial, written by Frank Lord, the newspaper in the city across the Potomac river from Washington observes: "The home-coming of Governor Paul V. McNutt of Indiana, United States high commissioner to the Philippines, has projected another interesting figure into the 1940 Democratic presidential nomination contest, already uncertain and confused by third term talk.

In fact, Governor McNutt's candidacy was projected into the coltvention arena on that morning in November, 1932, when the election returns showed that he had been chosen Governor offthe Hoosier state by a substantial majority. Kept in the Spotlight. "Eligible for only onel term of four years as the chief executive of his state, it has been necessary for his friends and admirers to keep him in the political spotlight as much as possible since 1936. This they have succeeded in doing with a fair degree of success. Indiana for the last 50 years has ways had a potential candidate for President or Vice-President in one or the other and frequently in both of the two major parties.

It is not surprising, therefore, that Governor McNutt's name should be under consideration. Since his retirement from the governorship the advocates of his nomination have not been slumbering, but their activities have been somewhat undercover and of a waiting character. Now and then there have been demonstrations, in his behalf to test sentiment, and the results await to be seen, tin the lapse of time between now and the date of the nominating convention in July, 1940. He Looks the Part. "Without in the slightest degree desiring indicate any preference' between Governor McNutt and other candidate, it may truthfully be said that he looks the part.

His friends, however, do not base his claims upon appearance talone. They point to his many other qualifications. He is scholarly, and cultured and an engaging orator capable of expressing his views and opinions intelligently and forcefully. Besides, they recommend for favorable public consideration his high administrative abilities, as exhibited in the office of Governor, as commissioner to the Philippines. and as head of the American Legion." of $170,000 or more on any complete cost to the city contingent upon paying from $1,887,000 up to $5,000,000 for the holding company stock (which carries with it $1,500,000 excess current assets) and will also be establishing a yearly addition of equity (or owner-1 ship) in the property through the average annual retirement of serial bonds of $555,975 or more.

Thus total benefits to the owned plant of between $805,000 and $862,000 a year will arise which amounts under private ownership will be dissipated forever from any future benefit to the public. Bond Market Now Favorable. "These situations, namely the probable competitive market price and the positive benefit least $805,000 a year under that worst setup of cost under public ownership from the same revenues to be paid by consumers as under private ownership, demands consideration whether an intangible value from the public standpoint may not legitimately assigned to this property and be paid for by the public in order to acquire these benefits. The writer has made it clear in this report that he objects to the assignment of fantastic and unfair intangible values as part of the property value which the city should recognize as accruing to the owners. "It appears to the writer that the public may honestly assign an intangible value to the purchase due to benefits which will accrue to it and which it can reasonably and fairly add to the actual physical values of the property if necessary to complete a purchase in the face of a competitive situation.

"The City of Indianapolis is said to be one of only three large cities in this nation which depend upon privately owned water systems. The rest of such cities have publicly owned plants some have owned and operated them for upwards of a century. "Water system annual costs and therefore are very importantly a capital charge. In this city the annual operating revenues of close to $2,500,000 include practically 50 per cent collected to pay 5 per cent or more as return on the investment. Under present circumstances, it is a prevailing opinion that publicly owned plants may acquire the necessary capital at 3 per cent or less as an charge though requirements of serial retirement of the indebtedness.

"With revival of business activand a demand for capital in profit enterprise the cost of money or the interest rate will rise with such demand. It is nized that the bond market now is in the most favorable relation to many years. Benefits Are Noted. "There has also been pointed out the certain benefits to the publie of purchasing now in case in the not distant future, the possible decline in the the dollar as measured by the price of commodities and labor takes place. "In view of these several factors, I would recommend that the would be well justified in offering $3,500,000 for the common stock of Indianapolis Water Works Securities Company, it to carry with it the adjustment which under the recent offer of sale by the Geist estate, will include the 500,000 of excess current assets.

"In such a payment the city! will be paying upwards of 000 for the present value of the substantial benefits to itself which it seems likely it can acquire only such payment. Such an amount will be amortized by the benefits in approximately, two years. this time say that even a higher price might not be put on the value to the city of acquiring this property. Developments may indicate such as necessary or desirable. If the required revenue bonds could be floated at appreciably less than a 3 per cent rate, that would automatically increase the feasibility assigning a higher intangible value to the city, provided it appeared bsolutely necessary in order to acquire the property." Weather Summary JUT.Y 1.

Weather. Low. High. Pre. Amarillo Clear 70 88 36 Atlanta Clear 69 88 Bismarek Clear 53 86 Boston Clear 67 8.5 Clear 78 93 Brownsville Clear 60 71 Charleston PtCloudy 73 94 Chicago Clear 63 79 Cincinnati Clear 58 85 Cleveland Clear 58 81 25 Dallas PtCloudy 71 96 29 Davenport Clear 61 85 Denver Cloudy 70 87 .30 Duluth Clear 64 73 Edmonton PtCloudy 49 68 El Paso Clear 70 98 Evansville Clear 67 84 Fort Wayne Clear 59 79 Havre Clear 59 79 .30 Kamloops 52 Kansas City Cloudy 72 81 04 Los Angeles Clear 64 79 Memphis Clear 88 76 Miami Clear 56 81 87 26 Minneapolis Clear Montreal 65 New Orleans PtCloudy 75 88 .03 New York Clear 66 80 42 Oklahoma City PtCloudy 85 16 Omaha Clear 64 82 01 Clear 81 110 Pittsburgh Clear 56 77 Portland Clear 54 76 Prince Albert 57 Qu' Appelle Rain 54 82 .15 Rapid City Cloudy 55 92 St.

Louis Clear 62 86 Salt Lake City Clear 58 95 San Antonio Clear 72 99 San Francisco Clear 52 59 Sault Ste. Marie Clear 45 64 Spokane Clear 51 82 Tampa 88 .50 Toledo Clear 56 81 .32 Washington Clear AS 84 Winnipeg PtCloudy 35 78 39 Yellowstone 46 79 Note- Amounts of precipitation of less than .01 inch are not recorded. Observations taken at 7 p. m. by United States Weather Bureau offices.

STEAMSHIP MOVEMENTS ARRIVED AT FROM Scanstates. Helsinki New York Pres. New York New York Statendam. Rotterdam saturnia. Vigo New York SAILED FROM FOR Europa.

Bremen York Southern Prince Buenos Aires New York Hansa Cherbourg New York Amer. Importer. Glasgow New York Drottningholm Gothenburg New York Shipper New York Liverpool Mauretania New York Brazil. New York Buenos Aires Bremen New York Bremen Franconia. New York Reykjavik Carinthia.

New York Liverpool New York Naples Volendam New York Rotterdam Gripshoim New York Gothenburg Donald McKay, New New York York S. Francisco Vulcania. Petras New York Veendam Rotterdam New fork Southampton New York Hansa. Southampton New York Gets Two Billion for Farm Economic Programs During Year. Washington, July of Agriculture Henry Wallace, given new powers and funds both by appropriation measures and the government reorganization, became today one of the topmost "spender r-lenders' of the administration.

Budget authorities estimated the Cabinet officer would have between $2,000,000,000 and 000,000 to spend and lend in this fiscal year on programs designed to help agriculture gain economic parity with other groups. A record-setting supply bill, signed somewhat reluctantly by President Roosevelt last night, gave Wallace $1,194,488,000 to finance crop and marketing control, surplus crop disposal, research and regulatory functions of the Agriculture Department. 140 Million Added. The 1940 relief bill, signed the same night, added $140,000,000 for grants and loans to financially distressed farmers. (The President's proposed new lending program, now before Congress, would increase this figure to $390,000,000.) President Roosevelt's order transferring the Farm Credit Administration and the Commodity, Credit Corporation to the Agriculture Department gave Wallace control over credit resources from which upwards of $1,000,000,000 in loans may be made this year.

Was Independent Agency. The Farm Credit Administration, heretofore an independent agency, extends loans to farmers for purchase or refinancing of farms, and for production crops and live stock. The Commodity Credit Corporation makes loans to farmers commodities as cotton, corn, wheat, tobacco, wool and other products when surpluses unduly depress prices. Assistants said Wallace would permit the Farm Credit Administration to operate as a semiautonomous agency, exercising only the right to pass on broad matters of policy. The agriculture department supply bill made $773,000,000 available for subsidies to farmers who co-operate with crop and marketing programs.

Included in this was $225,000,000 in unbudgeted "parity" payments which drew the criticism of the chief executive. Congress Fails to Follow. Mr. Roosevelt, while explaining he was not opposed to such payments, declared Congress had failed to follow his recommendation that a revenue measure be enacted to provide funds for the payments. The bill also provided 000 for disposal of surplus products such as cotton, wheat, dairy products, fruits, vegetables, lard and pork products.

A part of the money will be used to subsidize the export of cotton, wheat, and possibly lard, and the balance to subsidize consumption of these products by relief and low income families. Although carried in the agriculture department supply bill, 000.000 for public roads will be spent under direction of the new public works agency, created by the President. This will be partly offset by an appropriation of 750,000, not carried in the bill, for Rural Electrification Administration, agency transferred to the agriculture department. For a Safe and Sane. FOURTH Shop Any of VONNEGUT'S Eight Stores Tomorrow BURKE Golf Equipment TENNIS Nets CATALINA Swim Suits and TRUNKS for men FISHING TACKLE leading makes CROQUET BICYCLES, from $23.95 PICNIC BASKETS COLORED GLASSES AUTO COMPASS WOVEN HAMMOCKS PLAY GYMS GARDEN FURNITURE ICE CREAM FREEZERS Plan a safe and sane July 4 by attending Sahara Grotto's supervised Fireworks Display at Butler Bowl.

VONNEGUTS 120 EAST. WASHINGTON ST. MA. 2321 38th and Illinois Sts. TA.

3861 NEIGHBORHOOD 42nd and College. HU. 1397 STORES Broad Ripple, 802 E. 63d. BR.

5464 Irvington, 5609 E. Wash. St. IR. 2321 IN ALL PARTS East 10th at LaSalle.

CH. 2321 OF CITY Fountain 1116 Prospect. DR. 3976 2125 W. Wash.

St. BE. 2321.

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About The Indianapolis Star Archive

Pages Available:
2,552,563
Years Available:
0-2024