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The Indianapolis News from Indianapolis, Indiana • Page 35

Location:
Indianapolis, Indiana
Issue Date:
Page:
35
Extracted Article Text (OCR)

Auctions Levels Lerl Notices Th of Trui i CVr for l. 5.a; tr i.pitl owjnvf l'' a 1 i J. i Krfi cf r. ii i en i. )i7 a'ur r.

vVcxvd i Fyahor.iw. 5:.1. 3 trf i'! furnac "5T i 5 7 R. 4 sooe. Lie I $7 Si 4 ia i.

W. Vai 3, i 73 T'oe, rmn ft. loi R. A 6 (it. 1 i3si, 1.

W. Tt. ia. fftftmA 4 il. 1 f1 i tin, i.7;r.

S7D1 V4r 4.i at. i J. JoriM. i vr. tr.

Hf.i f. i ttl. i. ireB. 1 .03 ttcrAn 1 Lncela Ifni Dr7 to hfxn i.

tr rt fii in 1 f.r hv i i4r 42i lTih ft 401 r. Hittrr A Try One Ton sr. a. 4 'Ait rn. i' 5n.

I ij.ijrj 1 A i UAL. if. 7 1 rti tf.ni, 4 5.1. vp, i tw rv'i J. iu "4.

I iv huff, N. si v. it in i 1 Island Creel: If est Virginia in. lump. 'T CO.

2 451. 17 ec 5 i 1 i 4 rc. Con! 1 i i'i 4 l. 3 4 i IV: .13 5. a i.

8 .1 I rr.Kj to T3 i 1 s. c.c v' TK hT i i i i J. I 1 1 3 v. ov O'D A. i Tift Vrr: A AND H.

c. 1. 1 I. 1 1 A 1 i Tj. vf? iw 'J v.

1 i. V'. i. i 14 5. i i.

T' ta tw irs' et I (, .1 A'? Chr.rso fcr" 1. .1 t.r 'in i if t. Mn'n i.t a I i i r'i rrrrt 1 I 1 Sa. 4. lv.i,a;l.

JjU i 1 5 1 1 i i t. a. r. 1 i I tr! j.s tj I 1 a I 't 1 I i 1 g. ii J.

i i' i.r i 1. t. 'if i v'v: i Tf K.v i f.ir. 1 .1 i i K.4firl i V. ii.

r. itlt Ten 1 I 1 i i i i.r I. 1.1. n. 0 v.

4 i. f. i. 7 i v. Si f.

''l i r. f. 1 i ris i 5 i i. S4 rt. 5 i i a If 1 I I th 4 in oil 1.4 1 th th jr.

ip.i i Clczz'Jicd Display Com. WfKvj and KirdlinT f2 Commercial Lump Inch Indiana 5th Vtin Forked Lump 55.25 Per Ton Lar; ti "9 cf with each Ura. All ether rai.s cf ccal at tie riht' price. CO! IZIEHCML FUEL CO. 315 Ohio White ZiChiOS.CO 2 TONS, III Vtrrr.ilica Ccunty, 2 to ir.ca tied.

Ip. .73 W. Va. i.C 3.73 FANSLER COAL CO. J.

li i A 4 r.lAM i i At ti'ii. jr': in $850,750 TO BE PAID TP CIl'jSTulS CLU3S favfff ani'Tn3t Cera. Ihr fc.ffii;.t5 Unit tft 13.00ft rrs; srr xhawtnir la tlXitt Cf 182 4. Tt: J. 1 iar.k, Mfh riai; r.

tfe hTr vf i mtroS'jf4 thi tluh rhm tf In Indiana O'Jt $1 to T.i'iO nititri. A. ti. Jchr sort, rr of ti nirltmu tl'Jl) Hvirr th lilchr r. Trust Cora ny tank.

tfe hrration that fi'n'. shAwtn a favor for tb clab 'an of urir? rrg a.ar ln i tfioorin gr iuteii G. F. ii.flrr. rf ttv club drrnrtrnRt fcr tr J.

1. v'H1 Pnlt. ob that mhrri in his eSuL tft ir frtr fcr of vhi'fi the rr. T' 'ft vrif.T in th city. Tf!" AViM 1 'lc triftnbtri aftl mvissi wr inert! Jg pr crsL ta tr iat yar.

Ofaer C'ialr. 1 Thm op'n State lUnk cptratfl r.rl.tfT.a'club for tb firt thin yr, end veill Jay out JlO.Cil i as rCijUma E' mmtrf. Tha National Ii.tr; Is, i. i lot ar too ov(fr th Na t.chl ty liitnk'a t'hritma cJufc, tr rtiuLlct it roemtirhm fctid will phy tiS.iifi and ri.i.t Corapanji loutie i 1 arj i rir rxxnt by rn t3.irsJ, an1 will 2i.tif. 3 to mer tif rn, Tha MrI4.

itn iare 'st i ak oyklM Ita lul una wiit fr 11.750 to fiftjr fiv ri lh I'nUfJ Labor ank en 1rut tV rrj any. trirled r.f (t eluti anil wiil pay 4. t''. tn' tr i a'iirhter la rrrappsi, A r. ir ti trsnt ares 1h A Trut mi Savings CfRt' ny.

rimt.r; tha tHy hAxi ami Trut Company, tiO.C&tf mmbrs; th Marion County Stat a lUnk, liO.C&J to 1,101 wwt'ti; th ain Trust Company, ta tuffit.r; th Foua. tain Kiuar tata 1.5 ank. ta i tfc Northweatern Mat Jif tr rnrr.tra; r.at i liattk. in Mi r.winifcer: th ytata vlg and Trust i r. ",4 S0i) rm tr ar.ii iV Mta 14RK, to 1 i FliulIC fiTnuni pioioto iilUULLL 1H0IOIO nuuJ Oi Iff tare a t.t ty ptn tha arry war II.

i r.a urji th i 't i tSow that raft v. th accused tt uftat'i. i 1 1 i A an ta fv j. Si. if, iv.

A t't T'is rf I a x.inlrt,itic t'3Rtn6r t. cvMenal Mil. hU tsii I i r. tv the rjouth to jctt tid l.nfia Major a.k4 whether tha wiirtt kiirw that th rcomrnaif dtiart. y.s!j i.

i which wr rarrtit rut. the covercntant Tt a r. r'nt tr; Wri Taking up that ivuis.in r. 'K if are. n.f ir ffj crra.

rtnmifc, tr.at f. ur cf th. ix m4r ra th fitni arsy.r.vy i r1 xr re iiyera or i jaaiift as "'rvtrs. PREPARATIONS LIE, TOHAiIDLEViSiTORS who i in Cfcara r.oiMratiiTsn. ii ln if rat inn vf a a.

and i Krv at hrae. Ury. i II. jfr snstrt a rf th. Italian home, inonatrata a a )VVr at r.

if th live at tx snUI fcoma 4 t't Ti.H rrrseaa. 'IT tr ere ws no vi '0 9. II had crn. rerrrareTc a3 th are 9 fvr 'fort tie Tractie. K.kcn'X Traction 'T iatr.ir at r.

m. V. hrn. a short disuaw iect. Are Iiflt VMitio ct 1tea4 Aet.

All prehti Jtictn permit per hevsvhol iers to masutac i.r ar.t:aliy r.5 of nre (ri txUy I action, earlier in th k. i the fw rer ractices hfre are cays. than 2 pe rmits outstand 1 th practice. anv cttatn license fcr th rnily Lure of frust Juices, etier tr.at wltO'tt raymer.t cf tax ar.d 'OUt Pivinsf 9 trf is T.r row mat th tlvti r. graat.

a.t ia v.c.a cf tie 1 act. flAVAL COURT GRILLS: L1JTCHELL WITNESS Attacks 'And'arscn's Testimony cn Ghsnandoah Crash. PARACHUTE USE; FAVORED iAiiii.uTOS. No Tern be 24 A.p. Tha ShanaaSa! aavai court today pat under rtgii rrcsa exami another witness who tad testified In tit Mitchell eoart maf tuj, Lieutenant O.

Anltrn. army air aarvtca officer frcn field, hoara. ijeira ia aiitcseii court, hAader an teatiriea that ri5d ar.ovM fc lia paracfastea and that tha otructuro trobatiy waa wfeea tt tor away from tha mof risg rcast at iaeuri. la January. 1J24.

Tfc witr.esa conceded that tha C'jtio of aqutppiajc ricid airships was purely a matter of opinion, which should ha taed on experienca and atady. 11a thought thera waa a prcbatiUty that one or two of those ktiied la the Shenandoah wreck might have bean aaeed hjtd paracttitea bees on board. Asked apes ificallr whether, la hi Jdrrtent. tha treik'rg awa tha hi? from the Riooriag meat had any effect a Ia suf(junt destruction, tha witneta aaid be was sot la a. po iitloa to lay that tt id.

Oil SAFER F00T1KG Ceatlae4 from Faa Oia eradication im Ilea attxlc It ta understood this reeolution waa ta lin the Fani Bureau behind Dr. Jalleu. against whom at coster rioye haa ben Another resolution, recalling tha hill which waa lost en route to tha Governor' pt I ice last winter after haying; passed both houses, that tha reKisSa ture cf Indiana so amend ft a rules that In the future it will be for ever impossible to lose bill as our oleomargarine bui waa lost. with. out some one bain? htid to a strict accountm for tha same.

Wool 4arte Cl'ttseaa ew Tax. Tha resolution favorlns; an Income ta ured 'Hn asresxira eduea tlonal campalffn on tha tubject lata. Income taxation for tha pur pose of aecurlnjf tha passage of tha constitutional m'Bilmtnt." The proposed Mirsdmiftt ttas passed two session of the letfialature end will be submitted to a vote of tha peo pie at tna ejection next rail. In tha resolution urcinz the a tabiishment of an 'export corpora lion, it was pointed out that "tha protectiee tariff enables tha Arcer Jean manufacturer to fix and main tain a prtee for fcla produeta above tha world It and other favor, able legislation enablea the Araer lean earner to and maintain a na? acale ahoVa that or tne worto. the American farmer Is coiEtpeHsd to eell th me.

Jor portiar of fcia produce at tha etna price. tyt Oi Boa lasaea Levies. a Insist. read one; resolution. that every farm bureau tinlt in tha tale maintain active tax comtiit tes for the protection of tha mm bera aeainst unfair or un wise ax a'samenta.

bond issues and levies and for tha collection and diasem natron of information regarding ilia issues. Vi poition to a change in eleman. tary achool textbooks waa based tn the reeotutiort on tuat aubject on th; tremen.ioua costa Th resolution said that "text used are aa universally satisfactory aa any tthr testa which mlht be adoptd.fc Itenewed enort to obtain the deep enins of the tlreat Lakes Law rence waterway was asked In another resolution, which reeognlxed me vuaj importance or cheap transportation to the American farmer." The Indiana Farm Ilureau Federation has been active In behalf of thin proposed waterway for soma time. Te Prefect Cuty Ajfit," Other resolutions pledged the farrn bureau membership to support a co operative finance corporation to finance co operative market Ins undertakings; pledged support of county agents and called on the "to Insure permanent retention tat the county scents offices in every county in Indiana," and encouraged Furdue University to "Jt rs'1 the teachitia; of co operative maraetintr in boih the ricuiar and winter courses In agriculture." Zlr. Trek, in his address.

rVade a plea for tha enactment by the next congress of tha SlcN'ary Hauffen bill, which, he salt "embodied the great principle of inciud insr the farmer in the protective system. The forenoon pre rram included, the addrat Ij ISr. Tern, an talk by G. Covert and Samuel TL Cuard, en the relief of the tomado awept district at I'rincetcn: a discussion of, mutual mtornobite insurance by Harold Kevir.s, director of the insurance de rartmebt cf tha farm bureau; a dia cussin of the wheat pool bv J. 1L ilwaltney, president of the Indiana Wheat Growers' Association, and the treasurer's rerort by P.

Crane, secretary of the bureau. Bettla He Fleeted President. At the close of the first day's session William XL Settle, of retro Jtum, was re elected president of the bureau for his fr urth term. Lwis Teylor, of Nwbarg, waa e'ected first vice pjesident in plac of fcrott of Shelby villa, and Mrs. Jewell, of Otterbein.

was re elected if ond vice pr ider.t To stae our nseawtie Mtmply. Mr. Peek, protective, eve ten must be extended to includ on our surplus crops if is. is to I' retained for industry and Ut.c. The farmer is entitled tf the of the protective tariff in addition to ail the aavinsra be may effect through better' and cheaper methods, of production, and transportation.

Ha have an American price for American consumption independent of the world price for the aurplua i arraere cave on loi3 ry eer. t.n in poeit; ns in puhlie life ht they can not ac romplih anything for themselvea thrcCgh lesUlatloa. I have no sympathy with that of view. Lesrisiation iv one of the important means mr loye 1 in arrarvginsr for' the distribution of bnefiia between srronpa asd rlrwe la our complicated national Of covrse you can not rro 4 yotir crc ra. or market them either, throttrh legislation.

There is no sehstittite for thrift and hard work. The farmer has alwav shown comvlete willingness to work as bard and as lona as necessary to rompiete hfs task rf pro daistf; fod for the world. But ha ha a risrht to demand. lfcroea roneition of economic eq in our r.aiionai structure, wr.h industry and finance aed la bor aid other elements which are important. yea, bat no more so than agriculture.

Xe Fnle ftetwrw fer fline. any eie rttllr faxaiiiarwith i larnser. certain conclusiora are Inevitable, sai.4 Mr. 'Peek. hsa b.

ducinc th necessities of orices we ten cave reen exhausting the accumulated resources ef the which 'preceded hirn which have it yield a tsir return for his labor and tin his cartel Invest meat. I rs3 teen bay in a.ciusi Beritiris or life at prices wtica rtiucei fcis purciiaa I TirE IXBLAXAPOLIS NEWS, TUESDAY, 211025. j. ine; ability to a point which prohibited him from buylns; what ha needed. "The farmer must rely on his own Initiative and that of hi orranixa ttots.

In tha aolQtlon cfhis problems, lis is entitled to, and ehoald assistance, from business (which relies largely on an Ameri. can market) economists, every citl aen who desires to avert a sjrava arrarlan situation In America and proper legislation to Insure him eco nomic eqaallty with induatxy aa4 lahr. For several yeara." ha contin oed. ha been known that tha reaeen for thta dlsnaritr Is a ro. tected price for industry and labor ana a worn price for the basso products arriculture: that Ik.

of tk.a products of which we export a surplus, such aa wheat, meat prod ianc corn ana cotton. "By protected prtca for industry and labor, I mean not only tha tariT but suca other protective end stabillxins measures as tha Adam, son law, the restriction of lmml erratlon, the federal reaerve act, the Ceea Cumrain law. tha ra.il rf ad labor board, tha coal board. aa. nave tended, ta protect, stabilise and Isold immune from world Influence Industry and labor and to make possible and effective Ti.

ox their organisations is itfiuiin up to prices of their corn mod: lies and services. not organised effec 1 v. v1 other hand, remained aubject to world influence oa our export crop because tha American prtcaof these 'crop is "not fixed Jr American conditions, but is fixed la foreign markets by world conditions. most sell our surplus abroad la world competition, at a price determined bv vunria 0mT Twt Way Oat. Tha fundamental troublea." Ur.

Peek ald. can bo eliminated only tw0 On, by rapealina; protectira tneaiures tnacieil fee oenect or other groaps, thas an ablins tha farmer to bur aa well aa sell, in tha world or the other, pt tncladin; tha farmer la tha protective syst by orsacixina; and flnancinr agriculture, so that Vr rar surplus to export fl.inr surplus alone at competitive world price. Independent of tha demestie price just a Industry doee, and i encouraged viX11 Webb Pomerana and wee taw a Th; McNary Haugen bill. A although defeated, embodied the great principle of Including the farmer in system, ana tcis prin. ciple is still a living issue In th puiaUo.tb real wrl After a mock trial Monday eve alrtg.

uton li. Uottel, formerly luda' of the appellate court, upheld tha constitutionality of tha wheat pool. which was organised under the co operative marketing law passed br the last session of the legislature. Frank Am. of ltnnfrtnm.

director of the assumed the role of defendant. 11 m. wltlT having violated hia contract A. U. Waldauer.

of Mtmntili appeared as counsel for the association, and Hoscoa Klper, of noonvHie, appearea jor tne oerana ant. Ail of the legal phases of the co operative maraetir.g act were preseniea oy tne two attorneys, Settle Stressee Orgaaisatlea. Itnportanca of organisation In agriculture was stressed In talks made by Mr. Ret tie and In reoorta made by tha heads et th divisions of the. organisation at the.

sessions 9 RESTITUTIDIi FOR FRAUD to coiiE Centlaaed fresa Pag One the appeal. He turned the 1 fetter ever to the dietrict attorney. Homer Miioii, wno referred tna matter to the pot office inspector. Mr. Speer ma4e th investigation; which entailed a trip to Montana.

Tha government gona to frreat expenae to prosecute the three Witnesses from Montana had to be brought to Indiana, polis. The inspectors had to make frequent trip to Martin county, but twsidet; justice there was mercy. The threa 'itn could have been sentenced ti five year imprison, ment and each fined $1,000. Dut Judge Baltsoli. taking into coneid.

eration that the threa defendants made restitution for their wrong let them off with nine month tfnd fines of 1 3 09 each. Thv irittJAi be compelled to go to Leavenworth Fenitentlarv but will be kept In Jail at Terra Haute, wh their faml 1 1 as at (Bit a a.e astsAv vaaaf, iurni 1 FREE STATEfKOU ITS Dr. Jehn MstJfelil Ilelfss Prom Cablaef. DUBLIN, November 24 (iLP.l Dr. John minister of educa.

tlon and former mamber of th Irish boundary commission, today eigned from; the Irish Free Btat cabinet, LONDON. November J4 fA.P.1 How tha Irish boundary crisis can be solved Is. a topic of general In terest in political circles here. It is the opinion la some duartera that Dr John MacNlirs "resignation from th boundary commission was arranged by the Fr cabinet aa to enable Itamembers it uirswisie tnemeeive from a boundary.findlRg distasteful to the LIHER FLOATS OFF SHOAL Asaerteaa Shies Aided kyTag, pvw e4 to nAMBrr.G. Noveraber St A Th United American liner Cleve land, which went ashore a fog near th mouth cf the River Elba yeste rdsy.

was floated today with the assistance of a number of tugs, and was proceeding, to this port. THREE DIE BLAST Arkansas Cify Be fl aery nigfc Pre. asire' StiU a ARKANSAS CITT. EaaJ Novem. berr2 C.P.) Tfcrea mao.

war. killed and thousands ef dollars' property damage waa dsn when a high rressure'atlll a a City itefsnery exploded to4ay. Th blast, was followed by a fire which a. tew aeurs later. lzn, 31, Ordered to Pay $2 fcr Kissing Wcm ans Ear CHICACO.

XwrmW zi A ha aoa I smly to bee left ear." rrnhs, a elctya. ts4 the Verlji Ulan, tu liilUj, WK fw f.eoa. The isty: ae finales. Svr JOZZ. Foversber I Arrire3i Et5'iho.

from Ammca rrtner. frora Lwia: Tturuuia, froa liaaiburg: Ed Mxnm Cni'i. (rts rKKSSOCKG. Kovew.her., 53. Urrted; Asr r.

from New Yarn LOt OX. KftTwobr 4. Arrived: An rar tr iral. CCrENtiAG.N. 4 Arrived: Cn tt from York.

Cr.EHrut'EG. NefThcr Z4. Arrived: trftta New York. t. t.

K. SopfnS 34 Arrived A B. tm "ew Tork LCyiu Sovemb 24. Arrived: KJa, ce.5th'Ja, Nw Yo SOCTHAMPTOS. evesBe 14..

InUin. fe York bjrfhf CI Martha 1 Yk. rto2.a," lor reV ALTRUSA CLUB TO PRESENT KIBALCHICH CHOIR Th Indianapolis Altruaa tha CacHe tabernacle, February 10, as a benefit for a fund with which the club is paying the expenses of tozr jrirls in the Arsenal Technical High School, i Kihalchich has studied under Rimskr Korsatoff and fWtwn. veara ws eondnotnr nf tli eVioir tt Vi Petroffrad. Conservatory of BfflSESIMS BELL APPROVED CJaatlnaedi front Pag Ose 4ar waa Idevoted to a cross exam ination of Halstead by Groninger on the questions of going value, structural overhead, depreciation, placing new equipment coata, the sale of property land estimate of central office equipment to which Halstead had testified on direct examination Monday, tit was understood that tha hearing would be adjourned Tuesday night until next Monday to permit the preparation of additional eatimates of valuation for which the commission has Same Estimate Groninger brought out in the matter of per cent, condition estimates of th' Indianapolis exchange that Halste'r estlYnate was $0 per cent, and liemla's was also 90 per that Halstead' estimate of the Evansvllle equipment vu 11 per cent, and Bemis's 4 per cent, and i.n South Bend and Mishawaka tlal stead'se4mata was SO per sent, and Bemla 91 per cent.

It was; further developed, bv Mr. Groninger that more than which has been, capitalised by tha company in its estimated fair value Is part of the item of going value and Is made up of expenses wiich would le incurred In the supposed or assumed reproduction of tha property, but which Halstead ad mltted In practice are expenses con currently paid as oneratlnsr ex penses from rates charged and col lectea rrom tne ronsumer. TMse ex penses In the supposed eaie of the reproduction of the entire yrvffrry wuuia oe lucurrea are tor educating the user of the tele phones, the educating of tbeoper ators and other employes, promotion. advertising and similar charges, In reply to a question Mr. Halstead said such expense are all paid by money obtained from th rates cnrged the Mr.

Groninger ased Mr, Halstead whether he ever heard of the buildine.1 as of one enterprise, of a system' such as the Indiana Belt, to which the witness replied he had not. "Then." said Mr. Groninger. Trt consideration of the reproduction; of the plant you are assuming something that has never bn To which the reply was "Yes." plfTereat Method. Mr.

Groninger also developed (rom the witness tat three, different methods of arriving at going; value have been used the telephone company engineers in ine tnree rate cases of 1118. and 1924 25. The witness testified that in tha 1923 hearing going value waa dtstermihed by assuming 29 per cent, of the reproduction cost the physical property which it was contended was I7.SSS.277. and that in the present rasa the companv contends that the going value aggregate ia IS.829.0S2. although a higher fair value is claimed.

the item ha had not con aidered the actual financial histdrv of the company, but that he had con sidered the records and past experi ence si a guiae. 7 At Lawer Flgare. Mr. Groninger also brought out the statement that several proper ties that were Included in the rate baseqf the. companjf at a high figure had since that rtime been sold at a much less figure.

Among these properties were the Kalem ex change which at that time on the basis of the reproduction cosV de preciated with going values was estimated: by the company at 120,361 and was sold for 7.500; the Cory don exchange, which on the same basis waa valued at that time at $4,972.90 and later sold for $100, the Lamar exchange which waa then valued on that basis at J6.3H.J5 and later sold for and the Henry vi lie exchange which was valued at $10,045.11 ar.d sold for $1,000. The purpose of the evidence wa to show the inflated values used by the telephone company engineer when estimating a fair value for rata making purposes. On the iqueftlon of figuring over heed, value Halstead said he had estimated deficits dur ing the assumed time it would take to reproduce the riant at per'ce nt Tneee assumed deficits are from in Sufficiency of earnings On the subject of structural over heads. Mr. Halstead saH be had tn eluded 3 per cent, in this estimate to taka cira of Items that have might have been left out of the inventory.

Mr. Groninger developed tha fact that this amount would be the equivalent of When asked to name items that he knew to have been omittnl frota the Inventory Halstead epoke Of several items and sai tf.at th items would aeertirate iout J3.ft0'j'r He saia, however, that experience had shown the 3 cent, he included for this item in. mak ing up structural overheads to approximately correct. Monday jafterncon lufstead bad expiained to the commission how ha arrived at the appraisal figures. T': Flte Year Average.

On the five year average ecst basis Halstead gave an estimate of J4M1M71.IS. and an estimate on the present deteriorated, of Jt3.43S.325 34. This five year average is aa cf 1 510 1J14, inclusive. These figures are on the assumption that th price, for land and building Is that agreed to for tea inquiry. What was regarded as a thrut at the recent Maryland feceral court telephone decision where commodity i price indices were, con.

sidered, waa contained In a statement by Halstead that It was incorrect to use commodity prices a the Index to be appliet to tele. phone property, Samuel Artmau, commissioner presiding la the cat Saturday asked that an appraisal cf the Indiana Bell property be submitted by the commiMion engineers on 'the basis of the Mary lard decision. Halstead ssald that since telephone prices ar largely labor, they have net decreased to the same extent recently that com moo; ty prices? have. Ha gav tha reproduction cost Club will rresnt RasiV TvSKalrhirK The choir consists twenty four of th Indianapolis exchange, lass depreciation, plus working capital, plus cost of establishing tha business, at Coatraet A expressed tha" belief that services obtained from tha A. T.

aa T. Company, tha parent organisation, under "tha much discussed per cent, eon '11 wo.rth wnftt it cost the. Indiana Bell. ald tha fr.Tlce are nt duplicated by Indiana Bell and that most of the services obtained under the cin not. tined from anv other aourc than the A.

T. and IliV.nt.,l't1provfd ff th A. gross revenues of the Indiana liell exchange for rent of telephone Lervr for thr kdvisorv services and aids. vIIe submitted a calculation to "L0ui the Indiana Bell if Os each year for each tei" rZr ntnt if the Bell had ow1 mtrumenta 'nstead th "act. 4H cnt li Weprodwetlosi TaeaHe.

Sir. Groninger devoted "much of his cross examination of Halstead tu showing that It would not ba bror under the reproduction theory to cirvuuce ina aatir Ball property sa JLJ' because, ft 1 Groninger theory, tha property could be reoro" ducedon a different basii lws l1ltal atuck to hi Idea that the property should be reprl duced Just as it la Groninger drew from hiiri the admiiA. rab 'or instance, to xchnoin Boon villa uk'f 11 Js because the company1 which made tha switchboard for that exchange had ceased operations ben 'tfhboard could Thus far in the hearto. m. torneys for the telephone company in questioning their own witnesses have read typewritten questions from a note book.

Following each question Is the expected answer, and witness, with a copy this same book, has been guided by this answer, often reading tha ahawer almost verbatim, t. v. la Crosa nxasnlaatloa. During Groninger' cross examination Halstead said that he believed the fair value which ha gave was an engineer's figure and that the coragany is, entitled to earn on its true value, "Since 1920 how much has this company spent in gross additions?" CQ'0, bave heard fixed at $17,000, "That Is approximately half of tha book coat?" ''And yet yotir fair value Is approximately $10,000,000 higher than that book cost? Halstead then gave answers to the effect that in determing the question of value the fact that the concern was devoted to a public use was not and, he made a similar conclusion on tha fact of tuV. IW'll tf taxation? uronlnser asked.

but tag value la based on the capital stock. was1, tne remy. "All property taxed' it it tm value under th law, isn't it?" "Yes.1 you appear befor the tax board April, representing your "ompany, and auaresr a vain tt Ys." "You did not mean then to reflect the true cash value of the property? You didn't taka to tha tax board tha same idea of value that you are giving in' this case, did you?" VI was there to urge on the tax board to fix the value on th basi the tax law provides." "Well, at any rate, the value which you present her today Is J21.OAO.000 higher than the one you urged on the tag board, Is it not?" urged that In comparison to other companies our company was getting the worst of 1t." "Mr. Halstead, do you think that a company with the earnings your company has Is entitled to the fair value of $4 5.0&o.00?" "Yea, it cost that much to reproduce It. "Mr, Halstead, could you sell this property for 15,000.

09 to any sane man with the earnings. you ahow?" Objection Overrated. Will It. Thompson, chief counsel for the company. 'objected, saying that earnings were not to be used to appreciate or depreciate the value of a utility in such a case.

Commissioner Artman said that earnings on the capital atock were considered in the tax cae to de termine tha tax value and that for that reason the question couid be asked. Halstead said he could sell the property under tha assumption that the rerulatory authorities would permit the. concern to make an adequate return. Ir: Groninger then questioned Halstead about seme of, hi "assumptions' in arriving at th fair value figure. lie questioned why Halstead s'nou'd th spend, ing of money to Educate subscribers when 'the reproduction, was theory of a goinjr concern, a jy.

concern with business. Halsfesd i said his assumption was that th company would be reproduced without subscriber and Groninger aaid wii uca an assumption was contrary to facts. Jie made similar comments on Halstead's assumptiona for money to educate eubscribers. train hi direct examfnatlonf by Mr. Thomnson.

ifr. llal.ta .9 i. be had found that his former method oi cetermming the percentage of iaoor to material la expense for placinc. equipment a Incorrect and that be bad decided that the Oniyroper method to use to arrive at such costs ia to consider each major ltm' in the outside plant account. In, the central ffle equip, ment consideration, he eaid, the percentage basis as accurst as any method.

He said itwss not possible to figure out the cndition per cent. Of exchange properties simply by viewing the hut that it required experience, fb this it was apparent that he was striding back at testimony riven by Edward W. Bemis. head cf the eonmlfsion's spec's! staff of 'engineers, regarding hit method of determining the condl tlon per cent, of axchacgea. i i rw Kt Si wnhnnii.

r.Air. voices. DR. MURLIfJ TO ADDRESS PHI KAPPA PSI BANQUET Aaaaal Stat Affair to Be Held Wesetdar Erealnft at Ctay yeol Hotel. ConeVaTraternlties and their relation to university life and activities will tho general aubject of an address by Dr.

Lemuel II. Mur lin. president of lel'auw University, at the thirty second annual banquet of the I'hl Kappa Tsi fraternity, to be held Wednesday evening at the Claypool Vhotal. A special car has been chartered by the Indiana Alpha Chapter of the organization at Dei 'auw University for the trip to Indianapolis, and every active and pledged member of the chapter will be in attendance at the banquet as a compliment to President Murlin. Crhapters of tha fraternity, at Purdue and Jodiana universities also will have complete representation.

Gridiron features, including "atunf by Indianapolis alumni, will predominate in the program of entertainment. Members ef the local ilnmnl coclation plan to turn out in force. The following Indianapolis committees for the banquet have been apW pointed by Thomas D. fcheerin, president of the Indianapolis Alumni Association: General arrangements. ThomsrD.

Fheerln, Karl M. Guihridge, Itobert Gilliland; administration. Kdward Knight. Allen V. Huakirk, IK Grayj entertainment.

Karl M. Quth ridge, Willis N. Conner. Thomas l. Sherrln; publicity, Walter S.

tireen ough, Charles 15. Crawford. Hoscoe K. Clark; Indianapolis, Will is N. Conner, Herbert 8.

King. Balph Vonnegut. Hubert Hlekam. C. Kev erin Buachmann.

Hermkn Carrlnir toa, James Huddell. Don Bridge, Ttyior vdoki, iiaipn jones, irvjn Fauvre; reception, William I Taylor. Ir, 8. H. fcmith.

Almua G. Uud dell. O. B. lies.

Alfred L. Plel. Guern sey Van Riper. Merle N. A.

Walker. James P. Goodrich, It. C. Palmer, Doherity Sheertnf; Howe S.

Landers, Henry 1. Raymond, Frank Littleton, Charles L. Henry, IL C. Martin and Maurice K. Tenant.

I 'Si I joriri i President Father 'Admit He Doe Not Feel Healthy, PLYMOUTH, November 2 (A.P. John. Coolidge, father of th President, who has been se riously ill here with heart disease; came out of home for the first time today In, more than a week, gave a brief interview and was photographed. The eighty year. old patient was fully dressed and, althotgh a stiff wind was blowing and tha day was bitter cold, he walked unassisted from his porch to the lawn, where he consented to pose for pictures.

"Ar you expecting to go to Washington for Thanksgiving? he waa aaked. "I'll lt you know," was tha laconic answer, Then he Insisted on walking ross th; road and inspecting the Coolidg: wore a gray suit, a ei ti n.i lie admitted in answer to congrat ulatlona on hla recovery that' he did not reel as well aa he looked. ii' i'ii: taw tf. r. iV Oftff 'sew Miss.

mmt loes oe ts 1 1 ,11 i 1 1 MOTHER? Fletchers Cajtona 3 a I stitate for Castor OH, Paregoric, syrups, preparca icr inl ants It; has been in use for more than Constipation Wind Ccllz Flatulence Diarrhea Aids in the assirnihtion cf Food.promotin Natural: SIccd without Onjiira To arcii inltaticss always itck fcr Jhe Proven eri a 1 BIND CmZEtlS OUT FAIL tlO. ROB BAIK SsssSjssswBSSBBafcasas Ceetfased frees Peg Oa hy te telephofte operator, who fold fo' at the bk. Dr. Kalsey 4rove down town. of the bandit Sirrt bersn shooting undsr Ir.

Ky fired a anot at tha rtan. and thn drove away in a storm of shotgun slags from the banc its gun. from a maay quarter during the raid that many persona believed ten men ntuit have participated 11 the Invasion. Only five men werei fn. however.

Two wore masks an appeared youthful, Lach of th others were described a f.fty or mora years old. Main street itoday looked like a thoroughfare that had stood tha siege an Invading army. Wla cows were shattered and exploded revolver and ehotrsn shells were lying In the street. The walls of buildings ware; marked) with bullets. 1 1 i i i i i.i i to war Imp RIAL ROAnO.

Threat New Member Kaaeev. m4t Oa Rretpolsted. Appointment ot three new 'members "of the I.n liana war memorial board and tha reappointment of one have been announced at the Governor's off Ice. The board consists of Th new metnberi are Wllllara Elder, Indianapolis, succeedln Evans AVoollen. Indisnapolls: Xr.

C. It, Bird, of GreensSurg. succeeding Cor nellue OT.rletil of Lawreficeburg. and Miss l'errielia. Boyd, of fcicotts bura.

succeedipa Mrs. Chirles Me of New Albany. Uobert Batton, of Marlon, was All th appointments were for three year terms and are effective at once, according: to th announcement. Th trmi of the retiring members expired November 10. Ail the appointees are RESPECT PAID GUEEfl Aaaerican Clnk ta Paris Cancels As al Diaaer.

PARIS, November J4 (A.P.) Th American club; of raris. has caa 1 celled, the annual ThanksglvlBsff dinner "as a mark of profound ra spact and coadclanc with ta Brltlih nation' on th death: of Dowager Queeti Alexandra." The decision was taken also as a token of sympath with the club' Canadian guests, th Hon. Itodolhh Lemteux, speaker, of the Canadian house or commons and Senator C. P. Beaublen and M.

Wilson. Big Ciimiga in wdcrs A new Frcfjch procesi powder that is not affected by per? tion will not let an ehhrj come through: stays on until you take it off fine and pure; makes the pores invisible; looki like i natural skia: fives a aoft, telvtty complcxioa Get this r.eTA wfinderfui beauty powder called Mello frlo. L. 0. Ayres Jloek's Dependable Dm? Stores, VVra.

II. Block ii. i. assort a Co and GsU Bmith Safe Dru ttores. STOLineii ofifl! Chew a Pl asaiU Tafclsb Instant Stomach Relief! The moment fPapo'i reaches the stomach all distress goes.

Lumps cf indifestion, cases, heartburn eourncss, fullness, flatulence, palpitation, vanish. Ease your stomach row! Cor rect digestion i and acidity for av few cents. Dr.J.jts sell rsillbr.i cf packacres. a 'j Tecthir Drcf ir.d Soclhlr arrr.s trj z'l 33 years hfc! rc'l To Swcttesi Stcrrtch cf CiJ I i fcv Vj 5 fj ra A a.

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