Decatur Daily Democrat, Volume 21, Number 259, Decatur, Adams County, 1 November 1923 — Page 4

DECATUR DAILY DEMOCRAT Publlth»rt Every Evening Except Sunday by THE DECATUR DEMOCRAT CO. J. H. Holler— Pres. and Bus. Mgr. K. W. Kampe—Vice-Pros. & Adv. Mgr A. R. Holthouse—Sec’y. and Bus. Mgr. Fntercd at the Postoffice at Decatur Indiana as second class matter. Subs-rlptlon Rate* .ingle copies .2 cents One Week, by carrier 10 cents One Year, by carrier $5.00 One Month, by mail 35 cents Three Months, by mail SI.OO Six Months, by mail $1.75 One Year, by mall $3.00 One Year, at office ... $3.00 (Frees quoted are withiD first and «• ond zones Additional nnotaee ad- 1 •i outside those zones t Advertising Rates Made known on application. Foreign Representative Carpenter & Company, 122 Michigan Avenue. Chicago, Fifth Avenue Bldg . New York City V Y L'fe Bldg Ksnsas City Mo. STATU FUNDS: The following interesting editorial is from today's Indianapolis News: No one charged with any responsibility in the matter seents to know anything about the $155,000 transaction between Governor McCray and the Indiana board of agriculture—or. if there is any one who knows, he will not tell. It is known that McCraygot the $155,000 and that is practically all that is known—except that the amount was paid back to the board by the Goodrich pool. If the bankruptcy proceedings against the Governor are successful, it is at least possible that the pool settlement w ill be overthrown, and that the board of agriculture will have to account for the $155,000 that the pool made good. Tuesday the records of the board were “in part open" to public inspection. An examination of them re vealed certain interesting facts. Os the $155,000 rccoiv -d by the Governor from the board of agriculture, $75.00n Is listed as “loans” to the Kentland bank, of which McCray was formerly preMricnt; an item of $33,000 is in the same list, though without the word “loan" atta hed to it: $50,000 is listed a3 deposited in the Kentland bank. Why money should have been lent to : the bank rather than deposited therein is one of the things that is yet to be (leared up. Governor McCray said that the whole amount was lent to him. Secretary Brown, of the board of agri ulture. said that none of it was so lent, but that all was deposited in the bank. Now it appears that part es it was marked as a deposit in the- bank and part a, a loan ! to it. As banks arc not in the habi' of borrowing money, the disposition of the money in this case it rather peculiar. Tuesday Mr. Brown said that all the money wa3 turned over to the Governor, who was a member of the state finance board, •in the form of checks payable to the Kentland Bank, a-d t’’at McCray’s r ame did not an ~ on h>- fa e cf any of the he 1: ■ n were s gned by Mobcrly. as president of the board of agriculture, ond Brown, secretary 'hereof. Brown said that the first two checks, for s'’s,loo eai h, were delivered by him to McCray’s office in the state house and that at that time ho re oived nothing from the Governor In return for them. “We expected,” said Brown, “to receive certificates of deposit for them, but never got them." When asked what they got from the Governor, Brown said “notes." Theso were signed: “Discount and Deposit Bank, by Warren T. McCray, president.” ‘ Mr. llrowu refused to show the cgfbcks for $50,000 turned over to the Governor, or to say how they were indorsed, or what bank ; they had gone through—refused also to say whether the checks were in the board’s ofilcc at (lie present time. As opposed lo all this stands the statement of William Darren It, president of the Kentland bank, and now its receiver, Unit none of the $155,000 ever reached the bank. II is quite time that the state board of accounts was looking into the' affair j of the hoard of agriculture.

There never wan "any sound reason 1 i for the secrecy that has been observed. There is no transaction of the hoard funds that it haudlos that are not state funds. The examination to lie conducted by the state hoard of , accounts will of course be thorough and exhaustive. Much Informality, evidently characterized the proceed-j lags of the board of agriculture,! notably in connection with this $155,000 affair. We have no desire to tell the merchant how to conduct his business but from what we have hoard in years past we feel like warning again those who plan to Initiate a trading stamp business in this city. It is expensive and u trouble breeder and wo hope if you really contemplate doing this you win at least call some business friends in some city near by where it has been tried and get his opinion of the net results. It’s easy to st;ud and hard to eradicate. You lessen the value of your goods and educate your patrons to expect a gift each time they enter your place of business.

Just A Moment MLN!! > SA T DAY AUTO DAY to

DECATUR DAILY DEMOCRAT, FRIDAY, NOVEMBER 2, 1923.

If you will spend tho half of three ; per cent of your gross sales in other kinds of advertising, the results will be much better in every way. It pays in health dividends to walk. Dun O'Leary, eighty-two years old, who has walked more than 125,000 miles In contests, has Issued a challenge to all comers, to walk 500 miles for a side wager of front SI,OOO to $5,000. He is in excellent health and at an age when most men fear to tackle a four-block walk, Is willing to meet all comers. In his prime O'Leary won an annual prize many times consecutively by walking a thousand miles in a thousand hours. Try it 1 some of you men, young or old, who think you are atheletes. j The ku klux Ulan is having another ! battle over the questiou of who got vt r a million dollars of the easy' money collected and what was done with it. Suit has been filed at Atlanta for a receiver and affidavits show that amount of cash misappropriated within four months. Kueh a

' condition in the national offices of the 1 organization, would, it seems, shake ! tho confidence of those who produced the money over which the wizards and the lizards quarrel. The Haynes Automobile company at Kokomo Is charged with being Insolved in a suit filed by an Indianapolis fan company who allege the liabilities of the Haynes company arc $2.750.000. Klwood Haynes who built the first auto in America, is president and for years the company has manufactured a real car. I-atter day combinations of wealth and material have forced them into a slump and for a year or two their battle has been uphill according to reports. j, • Cochran Beats Hoppe — (United Press Service) New York, Nov. 1. —With an unexpected anil surprising victory over Willie Hoppe, the champion, last night Welker Cochran took the lead in th-“ tournament for the world’s 18.2 balk line billiard championship. o * S I—WANT ADS BARN —$—$ —$

T~ ~~~ ! ; I 1 s-sstsslg-g Humility in Prayer Let nut perform, each hay, my humble task, Kill my small nlteh in life. I do not ask For grea t rewards, nor palace home, or fame, Let me but love and serve, nnd have a name. Neighbors, friends nnd little children speak With pleasant memories. I/'t me but i seek j To know and do His will, and by Ilis grace .And mercy, find at least, my filling place. S_S_S—WANTADB KAHN—S-s—s| The Correct Fall Models In Womens Footwear At the Elzey Shoe Store.

FootwearThe correctness of Fall and Wim • or footwear in both style mid „ u „|i v ‘ t’i»n readily be found at this store • Our careful selection in hod, Mods and Ladies Shoes. OxfcVr.ls Straps. Pumps or whatever you niav choose makes shopping lu re a plea sure. Visit us for your footwear wants. Peoples Cash Shoe Store A FI LL LINK OF I.ADIKS" SILK HUSK.