Decatur Daily Democrat, Volume 21, Number 295, Decatur, Adams County, 14 December 1923 — Page 1
FIRST SECTION
Volume XXI. Number 295.
PROGRESSIVES JOIN WITH DEMOCRATS
SAYS FEDERAL RESERVE BANK SYSTEM DOOMED ——- Comptroller Os Currency Dawes Says System i Must Be Changed —1 makes his report Report Shows That Per ( Capita In Circulation Is $35.52
Washington, Dec. 14.—The per capita money in circulation in the United States today is $35.52. according to the annual report of the comptrolled of the currency. In 19?4 the average per person was only $17.89. During the same period the total stock of money in the county increased from $3,738,300,000 to $8,603,703,000. The report said this extraordinary increase in the money stock was due to the sueession of enormous favorable trade balances during the war years.
(By William J. Losh) (U. P. Staff Correspondent) Washington, Dec. 14.—The federal reserve system is doomed unless congress puts national banks on a parity with state banks of the system in the matter of branch banking, Comptroller of the Currency Dawes declared in his annual report submitted to Secretary of the Treasury Mellon today. Substitution of a privately owned and highly centralized financial control of the banking machinery of the United States for the federal reserve system is ineviatable unless this is done, Dawes said. Legislation Recommended To avert the danger, Dawes recommended congress should pass a law granting national banks the power to operate branches, with a provison definitely for bidding the establishment of branches by national banks in those localities where such privileges are forbidden to start banks and trust companies. The undersirable alternative, Dawes declared, is to forbid state banks in the system to engage in branch banking. Bank* In Good Condition The comptroller gave an optimistic picture of the condition of American hanks generally. The banking system of the country is abundantly able to meet the financial demands of commercial and industrial enterprises in this aera of prosperiety, he said. Resources of the 30,178 banks in this country on June 30, the end of the past fiscal year, totaled >54.034.911000, an increase of $3,592,595,000 during the fiscal year. Os these resources $21,511,766,000 or about 40 per cent, was concentrated in 8,239 banks of the national banking system, while $32,523,145,000 or 40 per cent, was held by the 21.939 state banks, mutual and stock savings banks, loan and trust companies and private banks. Os this huge total, $30,416,577,000 "as at work as loans and discounts, while $13,672,547,000 was invested in government, municipal, railroad and public utilities bonds., Actual deposits in the banking system which provided the money for these purposes totaled $40,031.195,000 on June 30. o — Infant Neurge Buried An infant born dead to Mr. and Mr-. Henry Neurge, of this city was buried yesterday in the FTeidheim cemetery. The baby was born Wednesday night. o— — ♦♦♦♦♦♦♦+++ CONGRESS TODAY +*♦++♦♦+++ (By United Press) Senate N’ot in session House Meets to ratify committee assign nients.
DECAT UR DAILY DEMOCRAT
High School Basketball Team At Kendallville The high school basketball team left on the O. 11. & I. train this afternoon for Kendallville where a game is to be played tonight with the high school team of that city. The locals will try hard to win this game and are conceded a good chance for victory. Kendallville won their first week, 26-23. Tomorrow night the D. 11. S. boys and girls teams will go to (Jarrett to play the boys and girls teams of that city. JUDGE ANDERSON IS FACING TRIAL
Federal Court Judge Is Defendant In SIOO,OOO Damage Suit Indnanapolis, Dec. 14.—" Good morning. Judge.” Thousands of times during the 20 years he has been on the bench. Federal Judge A. B. Anderson has heard defendants greet him thus. Today Judge Anderson, himself a defendant in a SIOO,OOO damage suit, walked into court, said "Good morning, judge” to Federal Judge Page of Peoria, 111., and took his seat at the defendant's table instead of on the bench. The suit against Judge Anderson was brought by Limitre Economoff. a Gary lawyer. Economoff charges he was wrongfully imprisoned by Judge Anderson a year ago on a contempt of court charge. Economoff. according to evidence in federal court, charged a Gary counterfeiter S9OO to defend him, S7OO of | which was to be used to "fix the judge." Anderson ordered the money repaid I to the counterfeiter. Economoff re-, fused and was sent to jail. o EASTERN STAGS ARE INSPECTED Grand Worthy Matron Compliments Local Order On Initiatory Work Decatur chapter No. 127 order of the Eastern Stars held a meeting last night in the Masonic rooms. A most distinguished guest in the person of Mrs. May Reever, of Princeton. Ind.. 1 Grand Worthy Matron of the state of ■ Indiana, was present and inspected ■ the work of the chapter. Most com-1 plimentary remarks of the local order was forthcoming from the Grand Matron at the close of the initiatory serv-, ices. Judge Jesse C. tttton and wife I Garnett Isabelle Sutton were the can- ; didates of the evening. During the • business session, the Eastern Stars, voted to buy a $5 health bond. Also, to serve an elaborate banquet to the , December 31st, at which time the Ma-, sons are planning o ntaking in a class of candidates. The next meet-1 ing of the Eastern Stars will be held in two weeks. December 17th at which time the annual election of officers will take place. Following the meeting last evening, the honored guest | visiting guests, local officers and | members were ushered into the dining room where refreshments ot br ( k , ice cream, cake, coffee and candies, were served. o— — To Test Radio Phoning From Ground To Plane „ Keh Dec 14— Preliminary Omaha, Neb. I>ec. .--mi tests for an attempt to break the world record for radio phoning from ground j to Plane were made here today by tb< United States air mail service. ! , noon Pilot Jack Knight Tomorrow at noon 1 t£- • * x j ials expect to keep in constant com munication with the plane. K„W ."I ” ground station here when as far a . | Th. " UMW ed W K„«h< .t™ «“ is les s than a hundred miles.
REPUBLICANS NOT TO DELAY STATE MEETING Chairman Walb Says There Will Be No Postponement of Meet WALB IS ENCOURAGED Chairman Os Twelfth District Announces Support For Walb Indianapolis, Dec. 14.—There will be no postponement of the meeting of the republican state committee scheduled for December 27 at which the party will be asked to take a definite stand toward Governor McCray, Clyde A. Walb. state chairman, said today. Walb denied reports that an organized effort was being made by party workers to have the meeting delayed so that both factions in the fight growing out of the governor's indictments would be given time to cool • off. "I am going right ahead with plans for the meeting," Walb said. "At that time the state committee will be given a chant e to repudiate the governor and ask for his resignation or to say that I have been wrong in asking that McGray be ousted Walb said he was encouraged* in his fight by the announcement ot Lloyd F. Gates, chairman of the 12th district, that he is back of Walb to the limit. o—-
JOEL HABEGGER GIVES ADDRESS Berne Young Man Tells Central School Pupils About Earthquake Joel Habegger, of Berne, delivered a very interesting address to the pupils of the Central school in the assembly room, this morning. Mr. Habegger, who recently returned from an extended s|py Russia and China, talked to the pupils concerning the great destructive earthquake in Japan last summer. Mr. Habegger was on board a ship just off , the coast of Japan, when the earthquake occured and he has a very in- ! teresting story about the suffering land devastation wrought by the quake Mr. Habegger returned to the Japan mainland and spent several days in relief work, before sailing for home. Mr. Habegger spent the forenoon •of the day of the earthquake in Yokohomo and shortly before 12 o'clock he boarded his ship, which was scheduled to sail at noon. He had just reachi ed the deck of the ship when the earth quake came anil the large building of , Yokohonia tumbled to the ground in a heap of stone. Fire broke out after I the quake and it was impossible for those on board the ship to return to I the mainland until several hours had passed. They remained there about 'two weeks, doing rescue work, before sailing for America. I Mr. Habegger spent a year in Russia with American Relief Assicoation and had been in Japan four days before ! the earthquake. He states that h‘ | enjoyed his trip and work very much land may return to Russia some time, but not at present. He reports that I conditions in Russia are very bad. but are showing some improvement. —— — . • ■■ 1 ' ” — Coldest Weather Os Winter Last Night Decatur and Adams county experi L-ne<d the coldest weather of the present winter last night. The governI ment thermometer at Bluffton feIgistered a low of 18 degrees above | | ast night and at noon today was only 36 above. o ——— SUGAR MARKET New York ’sugar—Steady. Dee. [email protected]; Jan. [email protected]; March, [email protected].
Decatur, Indiana, Friday, December 14, 1923
Taxtable Valuation In County, $11,913,700 The net taxable .valuation of all property, personal and real, In Adams county is $41,013,700, according to the abstract sheet prepared by County Auditor Martin Jaherg. The amount of current taxes to be collected next year is $926,594.40, plus $6,487.22 of delinquent taxes, making a total of $933,081.62. The total of this year's tax collections amounted to $906.'.141.70, next year's total being $26,139.92 higher.
TO DISTRIBUTE FUNDS MONDAY County Auditor To Send Out Warrents For Fall Tax Distribution County Auditor Martin Jaberg will distribute the county warrants next Monday, December 17th to the auditor of state, township trustees, treasurers of school boards, town or city treasurers, and to the county treasurer for the mount of the December distribution of taxes, representing a little less than one-half of the total amount of taxes collected for the year 1923. The taxes are prorated according to the rates fixed in the different taxing units in the county and by the state. A total of $448,547.91 was collected in the November tax collection and this amount will he distributed next week by the county auditor. Following are amounts to be received by the townships tor the half year, the fund including all levies made by the township: Union. $1,240.31; Root, $7,091.22; Preble. $4,404.18; Kirkland, $5,209.70; Washington, $6.956.22; French, $6,736.77,; Blue Creek, $8,597.25; St. Mary's, $6,621.07; Monroe, $10,738.36; Hartford, $11,262.48; Wabash, $5,584.t)5; Jefferson, $9,200.65; The school boards received the following: Decatur. $37,052.43; Berne, $10,763.14; Geneva, $5,144.46. The incorporated towns and city of De catur received the following: Decatur. $30,262.81; Monroe. $680.19; Berne. $7,453.02; Geneva, $2,514.22; Decatur. library board, $1,891.58. The state will receive a total of $56,514.81 as its share of the December distribution, divided in the different funds as follows: State, tax. $4,297.15; Benevolent institutions. sl6. 472.14; State school, $15,153.77; state educational, $10,295.52; vocational. sl.030.30; state highway commission, $6,177.31; soldiers' memorial. $1,235.46: agriculture. $823.61; state teachers' pension, $1,029.55. The auditor advanced the state $15,000 of the above total last month and the check for the balance will be sent to the auditor next week. Much For Road Bonds In the December distribution. $101,693.36 was distributed to the gravel road born! fund, this being for the payment of bonds and interest which becomes due the last six months. The total of the bond and interest fund for roads for the year was more than $205,000. The county received $64,394.33 and the gravel road repair fund received $44,682.80 in the distribution Mr. Jaberg has completed the compiling of the abstract sheet of taxables in the county, the total of the 1923 valuation on which taxes will be collected next year being, $41,013.700. Mr. and Mr E. B. Adams spVnt the day in Ft. Wayne visiting Mr. and Mr V. E. Hofninn. Mr. Adams attended to business interests while there. —— — Weather Indiana: Fair tonight and Saturday; rising temperature. rMAftiw n D6IJS
IMPORTANT TEST ? CASE ON TRIAL IN COURT HERE Berne Community Auditorium Seeking To Collect Unpaid Pledges $1,500 OUTSTANDING Fate Os $1,500 In Unpaid Pledges Rests On Outcome Os Trial The case of the Berne Community Auditorium against Chester Michaud.] express agent at Herne, suit to collect I a pledge made to the community, auditorium fund, was being heard in cir cult court today by special Judge* Win. Ballon, of Ft. Wayne. Several Berne residents were here today for the trial some as witnesses and others as spectators. The case being tried is considered a test case. It is claimed that Michaud pledged SIOO to building fund and that he paid $25 hut refuse to pay the remaining $75. When the building waerected the* organization decided tc issue stock in demoninations of Stu and to issue free passes to the holder of stock, entitling him to admission to functions held in the building for < period of five years. At that time th organization was not free from taxation, change the name to Berne Com inunity Association, and convert it into a non-taxable organization. The direc(Continued on Page Eight) GIRLS PLAYING JOKE ARE KILLED Two Auburn Girls Killed! By New York Central Train At Waterloo Waterloo, Ind., Dec. It.—Just as a ioke. Mary Duguild. 18, and Stella Bailey, 19. Auburn girls, slipped away from two young men with whom they had clriven to Waterloo and went for a ride in the auto belonging to one of the men. The girls started the machine, drove 50 feet to a railroad crossing and were struck by a New York Central passenger train. Both were instantly killed. The two bodies were taker to Auburn today. Ohio Lad Is Sent To Indiana Reformatory Muncie. Ind.. Dec. 14. — After confessing to the theft of an auto which he drove here from Bellfontaine, 0.. Don Hague, 16, was found too young for trial in circuit ertirt. At the 1 request of his father, the lad was sent to the boys' reformatory at Plainfield. Q English Preaching At Fuelling Church Sunday There will be English preaching services at the Fuelling Lutheran church next Sunday evening at 7:30 o'c lock. The Rev, Miller, pastor, will preach. Geneva Neighborhood Quarrel Is Settled The trouble bet ween Etta Field and the Wm. Messel family, of Gen eva, over a well located between the two houses occupied by the two families. has been settled out of court. One affidavit was filed against Mrs. Field last week by William Messed, charging assault. Mrs. Field was brought into court of Mayor IT. M. DeVoss here the first of this week, and the trial get for today. Two ad ditional affidavits were tiled in the case, and it was rumored that two or three more would be filed. However, the interested parties signed a written agreement drawn up by Prosecuting Attorney E. Burt Lenhart, and the court action was averted.
Senate Progressives Switch Their Support Washington, Dec-. 14 -Progressive of the senate have decided tentative ly to switch their support to Senator Howell. Nebraska, or ('wizens, Michi gan, for the chairmanship of the interstate commerce committee. These two "compromise" candidates have been put forward for consideration of regular republicans who have* no' yet decided whether they will accept either. BOOTLEGGERS TRY TO SMUGGLE WARE Engage Federal Forces On Four Boundries Os United States ißy Frank Getty) (LT. P. Staff Correspondent) (Copyfight 1923 by United Press) New Nork, Dec. 14.—Along both coasts of the United States and on tht Mexican and Canadian borders, boot loggers engaged federal forces today in a desperate effort to smuggle liq uor Into the country to take advantage of high prices prevailing for the holidays. Dispatches t othe United Press from harbors of the Atlantic coast, from Pacific cities and from the Quebec and Texas frontiers report the booze battle fluctuating with vary ing successes. Not since the eighteenth amend ment was adopted has the concerted effort of ruin runners presented Mich a tax upon the coast defenses of the prohibition forces. The thin dry line Is meeting the invasion at all points, repelling here, admitting defeat there. o — John Selking and son of Al'/sn county, were business visitors in the city this afternoon. MANY CLASHES ARE REPORTED Revolutionists And Federals Both Claim Victories In Mexico Laredo, Tex., Dec. 11.—Clashes in which both revolutionaries and fedorals claimed victories were reported from several sources in Mexic o today. Two thousand rebels In Esperanza cere declared fleeing before an advance of federal troops under General Topete, according to advices from Obregon supporters. Scores of prisoners were claimed by the federals. who declared to be inarching toward Vera Cruz, rebel headquarters. Rebels under General Estrade in Jalisco, temporarily victorious, were viciously attacked with President Obregon directing the offensive in person. —o New York Has First Snow New York. Dec. 14 A light snow, the first of the season, tell here today, melting as soon as it struck streets. The snow stopped shortly after 7 a m. good fellows club — Sponsored By Delta Theta Tail Sorority For Purpose Os Bringing Christmas Cheer to the Poor Kiddies. The fund for the boys and girls of this community is growing and is sure to be over the SIOO mark by tomorrow evening. It should be doubled in another week. Won't you gel yours in 111 once. The fund to date; Previously announced s7o.st> Raymond Kohne 1-00 Vance A- Linn 5.<H) i A friend -■> •Josephine Archbold 1.00 , A friend 1I Clark J. lotz 5.00 - Moose Lodge l 10.00 I , Total $92.87
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Price: 2 Cents.
DETERMINED TO FIGHT GAG RULE IN LOWER HOUSE Coalition Forces Administration Leaders To Adjourn House Today LEADERS IN MEETING Democrat Caucus Set For Saturday; AdministraI’ower Endangered Washington, Dec. 14.—A new Progressive-Democratic combine has been formed to fight the gang rule in the house. The coalition forced administration leaders to adjourn the house today when it threatened to upset administration control of the rules committee. Administration leaders got wind if the combines plan. A hasty meeting of the republican ‘steering" committee was called by the republican leader Longworth. It was decided not to run the risk of having the .late defeated. When the house met the democrats and progressives were out in force. Longworth looked over the* situation and moved an adjournment until tomorrow. As the rules committee stands now he republicans would have 8 members and the democrats, four. With an additional democrat and Nelson in the committee. the committee would be sure to evenly divide on .learly ’very vote. If either representative Schnell, of Minnesota, or Johnson, of South Dakota, both with strong progressive tendencies should join with the democrats the administration would lie outvoted on any question laid before the committee. o i New Mexico Recovering From Effects Os Blizzard Alberuerque. N. M.. Dec. 14.—Automobile transportation, paralyzed by Wednesday's blizzard is fast being restored throughout the state according to telephone reports here. Tourists parties, snowbound in Nogal Canyon, were reported safely housed and expected to bo able to resume their delayed journey tomorrow. The 300 occupants of cars held back by drifts, said they had suffered nothing more than inconvenience of delay and were in no danger. So far as is known the storm toll stands at 12 dead, one in a critical condition and one driven mad by the experience. —o Charles Christen Has Rotary Club Program Charles Christen was in charge of the program given by the Rotarians last evening. The chairman conducted a school among the members present and asked them questions concerning the constitution and the fundamental principles embodied therein. The quiz was interesting, although not all the questions wewer answered correctly. Speaking of the constitution. what do you known about it? Got a copy of it and read it and study a little of American history and try to remember the dates which are most important. The Rotarians dropped a few coins in the box for the Good Fellows' club ,the total amounting to $17.50. O--iDoehrman C hild Died Yesterday Evening 1 Melvin Doehrman. 4 months old son .of Mr. and Mrs. Adolph Doehrman. of Decatur, Route 1, died yesterday even- ( ing shortly aft' r five o'cloc k. The , child was born on August 5. 1923. I,! The parents, one sister, Velma and -two brothers. Edgar and Lawrence, a survive 2 Funeral services ” ill be held from 0 the home at 1:31) o'clock Sunday after--0 noon and from the Freidheim church - at 2 o'clock. Burial in the Fteid--7 helm cemetery.
