The Indianapolis times. [volume], December 06, 1929, Home Edition, Page PAGE 16, Image 16

About The Indianapolis times. [volume] (Indianapolis [Ind.]) 1922-1965

Image provided by: Indiana State Library

                
PAGE 16
HAWLEY-SMOOT
TARIFF BILL IS
CALLEDJMENACE
Foreign Nations Threaten
Retaliatory Measures
Upon Enactment.
r.'t Rrrivpt-ffov'ird AlUance
WASHINGTON, Dec. 6.—Enact
ment of the Hawley-Smoot tariff
,11 would jeopardize, if not destroy,
he national prosperity, which
.-resident Hoover and business
l:aders are trying so hard to stabi
l -;e after the Wall Street crash.
1 his Is the judgment not only of
political opponents of the bill and
exporters, but of economists and in
ternational bankers.
Our merchandise exports rose in
the period of 1923-28 more than 25
I T cent, to a total of $5,000,000,-
000. During the first nine months
of this year there was a further in
c ease in the value of all exports
of 24 per cent. Now foreign nations
threaten to retaliate against our
trade if we enact the proposed pro
hibitive tariff against them.
Even if the domestic market and
its purchasing power is maintained
through the Hover conference pro
gram of keeping up wages, and
even if production is stimulated by
speeding up public and private con
struction projects, and even if
fixes are reduced, there remains
the question of retaining our for
eign markets. And that is not a
is the only doll lit America with
m fiiaul-mahing |
At such a low price there is very little profit
for us. Our main purpose is to make hundreds
of new friends and customers.
127 W.WASHINGTON St.S2SES
Japan Ready for Parley
•
aß&sm&ta |OL
WMm wmmmK • Wssenm^
Admiral Hyo Takarabe, minister of the navy in Japan and chief dele
gate to the forthcoming arms limitation conference in London, is
shown at the left above as he paid his respects to Admiral Count Togo,
right, “grand old man of the Japanese navy,” in Tokio, before leaving
for the conference. Another Japanese admiral is shown in the center.
Admiral Togo was a hero of the Russo-Japanese war.
side issue. Foreign trade is the
very heart of our prosperity.
The President has stressed re
peatedly that foreign markets take
our 10 per cent industrial produc
tion surplus. The disposal of that
surplus is the margin between na
tional prosperity and national de
pression. More than 5,000,000
workers are benefited directly by
the export trade, and the entire
country profits from it indirectly.
Just at the moment of industrial
strain and stock deflation when this
foreign trade is most needed there
is danger of losing some of it be
cause of growing competition from
Great Britain and Germany. Bri-
ASKIN & MARINE
tain, for instance, now has closed
a trade agreement with the Argen
tine government, which cuts di
rectly into our sales in our best
market in Latin America. Britain
also just has made agreements
with Canada to buy coal and steel
from her instead of from the United
States. This is significant because
Canada is our largest world cus
tomer.
A perfect violin, made by a Peter
borough (England) artist, is four
inches long, weighs a quarter of an
ounce and has ninety-nine separate
parts.
THE INDIANAPOLIS TIMES
FIGHT SNOW AS
HOAD MENACE
Six Millions to Be Spent
Clearing Highways.
WASHINGTON, D. C., Dec. 6.
Preliminary reports Indicate that
more than 160,000 miles of main
traveled highways in the thirty-six
states in the snow belt will be kept
open and free from snow during
the present winter, according to the
American Automobile Association.
Approximately $6,500,000 will be
expended by states and counties
for this extensive program, but it
will mean a saving of millions of
dollars and return great economic
benefits.
“The importance of keeping the
highways open during the winter
months can not be overestimated,”
pBH Why miss the joys and pleasure ™
jllll of a well dressed Xmas? Use |||||
U our EASY CREDIT plan to pay ||
Uglgj for your Xmas Clothes and yuygci
CASH for your
I rfgk buy now SB
HJpsj) Pay After r|/W) H
1 JANUARY SALE PRICES K
PJ NOW BEFORE XMAS!
M LADIES* , m
Frji FUR TRIMMED COATS at low u -.i.j sl9 50 aIX
\IM SILK & CLOTH DRESSES “ $9.98 W
PLUSH COATS “ •• "tVi- $27.50 i&>
Wm NEW MILLINERY $2.98
Wi) GIRLS’COATS & DRESSES" “ $5.95 |iU
WINTER OVERCOATSm loifu $24.50 I Bj}
IIS ALL WOOL SUITS ,*s. $21.50 ijj/
IMA SEYMOUR SPECIAL 100%> t ,, nn ,
Ws ALL WOOL SERGE / sJs.uu ~e>
jh/ BOYS’ suns & O’COATS “ “ $7.98 | Vw
fjlj
NEXT POOR TO LINCOLN HOTEL |yo/)
says the national motoring body.
“Although the problem of snow re
moval gradually is being put on a
standardized basis, much remains
to be done. Highway builders,
however, in the main have learned
the economic value of uninterrupted
distribution of food, maintaining so
cial communications and keeping
I the schools in operation.”
The A. A. A. estimates that every
SIOO spent in snow removal yields
SI,OOO in more efficient transporta
tion and business continuity.
JUST FEW OLD ONES
Names of Towns Along Canadian
Road Read Like Welsh Directory.
HALIFAX, Dec. 6.—Pity the con
ductors on the Canadian National
Railway between here and St. Johns.
'The following are the names of
stops en route: Shubenacadie,
Stewiacke, Memramcook, Anagance.
Penobsquis, Petitcodiac, Plumweseep,
Apohaqui, Passekeag, Nauwiegeivauz
and Quispansis.
Merchandise Certificates RICHMAN
make very acceptable q q /-vti i rnQ
Christmas gifts for men. B Kw I ll tZ l\o
36 E. WASHINGTON ST,
that give you more
for your money
More quality in materials and workmanships,
more smartness of style and better fit than you
can buy anywhere in the world for $22.50
the identical fabrics and the refinements of
tailoring others sell at S4O, or higher.
Richman’s immense resources and sales volume
give you this'value at a big saving in price.
Box, Raglan, ulster and velvet collar'dresi
coats in every wanted fabric and coloring
Meltons, fleeces, Boucles, tweeds and fancy
back overcoatings in new browns, v grays,
blues and many colorful mixtures ... a range
of sizes so complete that every man and
young man in town may be sure of a perfect, fit.
Any Overcoat , Business Suit,
Tuxedo or Full Dress Suit in
Every Richman Brothers Store in
the U.S. is Always the. same Price.
THE RICHMAN BROTHERS CO.
36 East Washington Street
Next Door East of Washington Hotel
Open Saturday Evening Until 9
Sec. 6, 1929