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This newspaper page contains 14 articles. Subscribers can read the full text of each article.
Newspaper
Indianapolis Times
Location
Indianapolis, Indiana, United States of America
Date
Dec 07, 1927
Page
12
Secretary Mellon told Congress that America's prosperity cooled to normal expectancy with sound fundamentals. He listed eight conclusions including strong wages, high purchasing power, large construction, subdued inventories, and restrained speculation amid ongoing business caution.
Greta Nissen says she longs for the footlights and Broadway and plans to return there before spring. The Norwegian born actress has stage offers in New York and good film contracts, but the lure of live theater remains strongest. She came to the United States four years ago and has enjoyed Broadway receptions before moving to Hollywood.
Secretary Mellon reports a 3 percent rise in money value of 1926 to 1927 business activity with declines in production for some sectors. He notes reduced Federal reserve dependence due to gold imports, lower currency needs, and a $225 million tax cut proposal while praising dry enforcement and debt reduction to $18.51 billion as of June 30.
Omar Bennett of Indianapolis, 45, was severely injured when his car was struck by a Pennsylvania train at a crossing east of Anderson on Tuesday. He is hospitalized with serious injuries.
President Coolidge reiterated from the White House that the Republican Party should nominate a successor for the 1928 presidential race. He declared his August 2 statement stands and urged mature deliberation as the party seeks a capable candidate. He urged economy, internal improvements, a robust naval program, and policies favoring private enterprise while warning farmers to be moderate and patient.
Rockville Ind Dec 7 Evidence to send John Schmidt to the electric chair is offered in Parke Circuit Court. Schmidt tests on trial for murder of his wife Julia, shot as she drove with daughter Margaret near Clinton and Sharpsville. Margaret wounded in the other shot.
Rob erts reports yeggs forced rear window entry at Oakley Motor Sales Company 1665 S Meridian St. Rob erts says $125cash and remainder in endorsed checks stolen from desks and cash register. They opened a larger safe with no valuables and scattered papers.
Civic leaders elected Grover C. Parr to succeed K. V. Ammerman as president of the Broad Ripple Chamber of Commerce on Tuesday night. Bruce Maxwell was named vice president with L. C. Gleickman secretary and William Whicker treasurer. board members elected include Ammerman Herman P. Doll and W. S. Johnson.
Legionnaires in Marion County are invited to hear Paul V. McNutt Indiana University law school dean and State American Legion commander at the Indianapolis Traffic Club annual banquet at the Claypool Thursday night. Superior Judge Byron K. Elliott will be toastmaster and Lawrence Helm Traffic Club president will preside.
Irving Williams notes Harmon Foundation awards $100 scholarships to Eagle Scouts in good standing to pursue higher education. One scholarship is available for an Indiana youth each year.
Advertisement claims low cost confidential quick debt repayment options through Capitol Loan Co at 14114 E. Wash.
The Society of Indiana Pioneers will hold its annual dinner Saturday night at the Claypool Hotel with Elmer Davis as principal speaker. More than 500 reservations have been made for the event honoring Indiana statehood’s 111th anniversary and chaired by Charles N. Thompson. Hostesses named include Mrs. Kate Milner Rabb and several others.
General John J. Pershing urged farm relief as essential to national security at the ninth annual American Farm Bureau Federation convention in Chicago. He said higher prices and profit margins are needed to sustain farmers, support land, flood control, water routes, and expand foreign markets.
An advertisement promotes Thoxine from a renowned physician as a fast acting cough remedy and sore throat treatment. It claims instant relief within 15 minutes, no harmful drugs, and safe use for families with a money back guarantee. Available in 35c 60c and $1.00 sizes at druggists.
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