Decatur Daily Democrat, Volume 22, Number 159, Decatur, Adams County, 3 July 1924 — Page 4

DECATUR DAILY DEMOCRAT Published Every Evening Except Sunday by THE DECATUR DEMOCRAT CO. J. H. Heller —Pres, and Gen. • Mgr. E. W. Kumpe—Vlce-Pres. & Adv. Mgr. A. 11. Holthouee— Sec’y. and Due. Mgr. Entered at the Postofflce at Decatur Indiana as second clues matter. Subscription Rates Single copies — 2 cents One Week, by carrier 10 cc,lt * One Year, by carrier 15.00 One Month, by mail 22 cents Three Months, by mall 21 00 Six Months, by mall 21 75 One Year, by mall 23 00 One Year, at office —• 23 00 (Prices quoted are within first and second sones. Additional postage added outside those sones.) Advertising Rates Made Known on Application. ■I Foreign Representative Carpenter & Company, 122 Michigan Avenue, Chicago, Fifth Avenue Bldg., New York City, N Y. Life Bldg.. Kansas City, Mo. ANNIVERSARY OF THE DECLARATION OF INDEPENDENCr.: Tomorrow, July Fourth, is the onehundred and forty-eighth anniversary | of the signing of the Declaration of. Independence. To refresh your num | ory this famous document was the stepping stone which resulted in thCj establishment of the American government. It was signed by John Hancock and the representatives of the thirteen original colonies, namely New Hampshire. Massachusetts, then known as Massachusetts Bay. Kh< de Island, Connecticut. New York. New Jersey, Pennsylvania, Delaware, .Mary- ( land Virginia, North Caroline. South Carolina and Georgia. The first paragraph reads: “When in the course of human events. It becomes necessary for one people to dissolve the political bards which have connected them with an- ( other, and to assume among the powers of the earth, the separate end equal station to which the Laws of Nature and of Nature's G'hl entn'eU them, a decent respect to the opin ions of mankind require* that they] should declare the causes which impel them to the .operation" In concludes with the tollowing paragraph: "We. therefore, the representatives of the Vnited States of America. In General Congress, Assembled, app< allng to the Supreme Judge of the World for the rectitude of our in' • alous. do in the Name, and by the authority of the good people of the Colonic. solemnly publish and dm clare, That these Vnited Colonies are. and of right ought to be free and la dependent state,*: that they arc Ab solved from all allegiance to the lilt iah Crown and that alt faditl -al connection between them Ltd the Slate and Great Britain, is rod ought to be totally dissolved; aid that aa free and independent stat ■*. they have full power to levy War, con elude Peace. contract Alliances, es tabllnh Common «• and to do all oiler act* unit things .which Independent states may of tight do. And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually plot:r to each other our Live*, our Forturca and our Hucrcd Honor." Take down your history and r< id the full text of the Declaration of In I Th* recent doatha of automobile, dtlvsrs who were speeding on tdc rent highway* show that a ram- 1 to tort* vompliam-e with the ' *** I* *» ' wtatuii outside the cor 1 t-ret. limn* of and towns as 1 it I* wlth'a them Ths menats .»( ' the aiiuatbm (, *, H (0 driver who oim-im.-, death. Whenever he vtajatM ii>» i lit’ plat vs all other drivers in dans .r t<< tteraily spenhtng the ” I lr$4 hutr t '* d ita all hMilfing I'tward kw mtir«» Th««y have wbat riwhl hi th<* Mfriy <if ih<* and ihmM* who ridr* with him. «»nb <Uvr|r*fmrnt« along t Il nr of rhang«*a In msnyfhrttirn hav* btan directed toward making car

Flashlights of Famous People

Face to Face r With George M. Reynolds r The Farmer-Hanker of the Mid-West (By Joe Mitchell Chapple) 0 “Ho knows finance from the s ground up," was the tribute paid 9 George McClellan Reynolds when ho 5 wuh unpointed Secretary of the Troas--9 ury by President Tuft. His financ--9 Ing began on an lowa farm, and he 1 was one banker In the country who ‘ had a thorough, practical knowledge of tiie basic source of wealth from agricultural areas, with a thorough training in milking, doing chores and planting seed. He declined the honor of becoming. Uncle Sam’s keeper of the strong box he felt that hits first responsibilities were to the large army of stockhold--1 era who had Joined with him in buildI Ing up the largest bank west of New ’ York, with nearly a hnlf billion dollars In assets. He had also just been elected President of the American Banker’s Association and .’was deeply interested in formulating ,'a Federal Reserve latw to relieve the [country of panics, as the country I was then emerging from the 1907 uplicavel. He accompanied the Americ- 1 an Monetary Commission as advisor ' on their trip to Europe in 1908. '| Born In 18(15. the year the Civil I War ended .young George Reynold' ' was nominated as the real hopeful of * Penora. lowa, his birthplace. Electtsl treasurer of the Marble Club. 1 where dues were paid in comi.'S, ‘ agates and cornelian shoot rs. he 1 rendered due and proper account and always had n few marbles to spare t for the other fellows. His first out- 1 -ide adventure was attending the clr- t ctis at D‘s Monies In a big lumber ' ( wagon and eating a sandwich at the ' railway station. ' i When he graduated from high t school, he had a position assured in < the Guthrie County Rank, the cotin < trlest country bank in lowa, with the i 'maple partitions surmounted hv the i gild'il wire enclosures that would ' have baffled Jesse Jam-s and his gang in the bank robbery epidemic < i days. Taking a fling in the real i estate and insurance business in Ne- I Prank*. he returned home as cashier I' [of the Home Rank in 1888. He was : Iso sui-ceasfnl that In 1897 he wav |< Icaled to the De* Monies National : Rank a. cashier. The nest call was | |to Chicago as vice president and l< president of the Continintal National I with the Comercial National Bank . i creating the present Continental nnd < Commercial Bank, of which he is still i ‘ Chairman of the Hoard. I* must not | be overl'W'ked that he is still pres- < . id.-nt of the National Bank of P-no-n i and many important decisions tn th

I . 1 Editor's Note: Ser»d ten nsmet cf vour famous folk "ow livtnn ♦© ’«• • Mitchell Chepp'e. TWe Attic. WaMort Avter'* Hotel N»w City. Vh. -a xlI. i—._*_ • xul.

r»*<i»r« of thl* nsoer »ro to nr,< 1 eration caster and surer, and provld- ' Inc the mean* Io eliminate former Organised manufacturer t I' and owners have helped highway com I miasioner* and other official bodies to I mark the highway* In such manner that the driver unfamiliar with the roads would be warned of ll* danger*. All these things being true the mantir torturers should complete their good , work* by Instructing drivers to ohi, serve the law on public highway* and , to confine their speed test* to dem . onstrato track*.— Indianapolis New*. | Today mark* the end of the excise and nuisance flea which the public ha* been paying for several year* on theatre and picture show admission* and amusements of all kinds, on telegraph and telephone messages, stapip taxes and several commodity taxes It I* a relief and the public will appreciate the saving ' In the county alone, it is estimated that the users of the telephone toll Pnu* will save between |3.5w und *3.-; non a y«ar. It appear* that the till! record e<| ballot lag for the democratic ptcsi dratui nominee will toe bimken today. 1 th* tarty fifth ballot having already,* been taken and the deadlock ha* not • **en broken 'I I »nan lived another day and prov * that he la fearless ’ « «wus to utotom « sun. Maybe ( h. delegate w ,„ * ► Madiwm Mqugru tiartten by j u ; r '

DECATUR DAILY nFMQCRAT. THUBSPAY. JI'IA A d»L

A" /A I 1 ■ r ■

george McClellan Reynolds says: “Keep the industrial expansion adjusted to the buying power of the farmer. The necessity of the smaller depositor represents the growth and expansion." big bunk are the re.'Ult of knowing conditions which small banks have to meet. y George McClellan Reynolds Is a man large in z stature and big in brain. His blue eyes beam In a genial way that attracts and confidence. Financiers everywhere seek his judgment because he not only know t conditions first hand, but he has had the experience of growing well an sellling crops. Expressing himself In a positive tmt diplomatic way. the counsel of Geosird Reynolds carries ••n influence that Is not confined to the United States. Many for ign financiers have sought the Services of this Chicago banker to straighten out their financial affairs. “My judgment as conditions is usually predicat'-d on- what happens to the farmer selling his crops and grain at the depot, and how much he ( can buy with what he has left. The . affairs of the farmer determine ba i- ( ness conditions in the mid-west and , represent sixty per cent of the pur- ( chasing power of the country. Widely ( distributing buying power means , good times, and the farmer' remains | •ho mainstay and basis of Im inest , •he country over." While Mr. Reynolds' has travelled ( quite extensively with an op; n mind , and wide oven eyes .he shares bis in- ] formation in addresses that are al- < wavs full of practical gu<geatl<m and ! i are more widely read than the d! • I conrees of mmv eminent st.it smen < at Wa«hington. "Keep Industrial expansion adjust-11 od to th<> having power of the conn- i try. Everyone of the millions nf de-li nos I tors In the bank' arc <!o‘-'l” dep- ndon‘ on each other. The small I .drenoMtws are oftentimes more Im-.b portan' than the larger, for the sms l ! ji dc«p>s'tori renreuenta the po»«lb*B [i ties of real growth of hisim-s' apd I orostH-rltv ’■ I <

rrinntF fr- fhl« Mall ©♦ F«r-e ' ’ ’ . Fourth. Take the family t » Bellmont park tomorrow and enjoy the program i Hung out the American flag <».» the Glorious Fourth. n * * f *ll I THE FRUITS OF THE SPIRIT (Ual. 6:221 JOY Hark! The world Is full of joy! H<*ar the Habhath songs! :Bc* the mlUP>n< gathering--Happy, bob Un »ugs. Hear th" i blhlron's songs of praise! I.lslen to lhe'r psalms; | Heart-felt hymn* of hope, nwwborn. Suo th" waving palms! ■ l,o! The lullabies nf love i Christian mother* sng; Krhre» <d lb" Amtejus. Kven ng hreescs hrirg. Glad. swre t r’>ng« of lisping lipa; |li<>kcn bars of ai<; Hung* of low'.y, simple Ilfs; Hr.idh.Miin* from printed page. One" Iho world was full of grief Now. Is full of song. Eat th reechoes heaven * hoip ,— Rojo eing loud and long. —A I) Rurkctt. Ml. Hnrsnre Fbhbsnth. nt Rlnff ton. will be the guest of Miss Marvella Kant over (be »«k and.

PURCHASE RUMOR IS UNCONFIRMED (Continued From I’age One) of Ut* stock. The probability . that if t l "’ ra!? roud wus being bought, the purchaser was the Van Sweringen tert st was Indicate, h *“* Hilkl *" the fact that original main line of the Erie from Buffalo to New A oik city, if it came under Van Sweringen control would give the Ni<kl< Piute system an outlet to Newlork. The eastern terminus of the Nickel Plate is at Buffalo, althought operating through to Now '°rk under traffic agreements with other roads from the point. Strong System. Absorption of the Erie by the \an Sweringen would made the Nicker Plate one of the strongest railroad system in the east an" central west. In the last two years the railroad has acquired the Toledo. St. Louis & Western (Clover Leaf route), extending from Toledo to St. Louis; the I-ake Erie A- Weston, which has general officers in Iroianapolis. and a controlling interest in the Chesapeake & Ohio, which has its eastern terminus at Newport News. Monday’s Stock Exchange closing showed Erie common to be at $28.50 The same stock a year ago was worth $11.50. Frist preferred closed at $36 - 00. almost dobule lest year’s value of $lB 3-8. Second preferred closed at $32.75, as compared to $13.00 July 3. 1923. A total of 8,900 shares of common. first nnd second preferred were sold Monday's dealings. RACE MEET AND FESTIVAL WILL START FRIDAY (Continued From Page One) have arrived to help make the day a success. Several free acts have been book“•I and have arriv'd tn the c ty for the big two day event. The free acts will be staged on the pla'form acres from the rrandslir.d. These wJI be g’vcn both u-the i.fternoon and evening. Am >ng the f-ee acts is listed. Ralph Wi, Jann. a ph’ sical < 'llturist of national prominence. Williams will perform several feats both in the afternoon and evening. The m’dway, wh <h wII stre'ch along the main drive in the park, reaches the length of the park, and has taken on the asjiect of the largest ever here. There are shows, rides and coneesaions. People not d'-xlring to bring their dinners, will find plenty of places on the grounds to buy them at a nominal sum. There are more than two dozen dinner and short order concessonv on the grounds. Grounds to Open Early The grounds wfi open at e ght o’clock tomorrow morning. The prAe of admission is .70 cents for the day and 25 cents for the night iirogr.im for adults. Children und'T ten years wilt be admitted free, and children from ten to fourtetn yearn of age will lie charged 25 c-nu admission. No charge w'H be made for automebi'es and vch clr-e. • "she lnde(>endencc Day program wCI start at 9 o'clock tomorrow morning with a big Moose parade lid by the JlusM band. At |ii i o'clock, the Rev Charles Alden will deliver a free address on the plati form across from the grtnd at the park. At one o'clock the horse race* wl.l | "fait. These ev.-nts will |»< run In best three ’h'mt race*. <m the every |h»at a race plan The ir.-e acts will lw> shown between the heats. Hornes I tor the events «ri st’ll arriving, »"d ■revcrol mote are expect'd to get here by tonight lata, govoral Ohio home, . crrvi-d today, they be ng delayed by I the severe storms there th i week. Firework* Demonstration The great event of feat val will b< , hr.d at 1:30 o'cffck at night. wh»ti [ i b<- fireworks pragram will start I This display is etaimed io bo tto> llm Best and most egactacular eret brought here, and will la**t for mor« titan an hour. Every sort of a f’re work article made is delud'd ‘u th< '•rtnonktratfon. .uu-ordipg to Henn , Thomas, whn Is m charge of tii> I ontertainmeut < ummiNrr, Hevera men from the llltaab Fireworks rem | puny, of Dnnviik. hare been hero tbo weak aasiaiin* Mr. Thomas in th. setting tip of the various pkcea, Titr race* and flrewmks demon J I • July s'h also. maklnMhe celnbreUtM a bls twoday affair. Tggta to th izrounta may be secund any plats It | the c ty during l*r-d»y and Haturdoy Thet*, will be teleph' n« service a the grounds. The Imai Moose have b<rn work I ;ng for several | 0 fn a |,o tomm | row and ttatiirdiy a success, gq, | have secured thd heat etitertaintnen possible tor the h*o big giia q*y« ■, Everybody is cord ally tnvlted t Join the crowd and come to fir|ft»M jUSik July 4th at|d 6lh.

th,l l ) ta P rttom T orrow (Continued from • a B B One M the minority report-in the repugn conventio! here in June. Lower normal tiw'*- vltl j taxes, government opera m Cummins act for low< ~..i rk etand government aid for fat ing will be demanded. Unexpected enthusiasm i - manifest by -ie to the chanes of La holt.tie. the rumpus in the tlon , leaders of the U ment planned only to swing (hp five states and hoped to i ' selection of a president into the of representatives. Now they believe they have a reasonable chance of accomplishing ele tion of Lt Follette. Organization work is F-ing -day with the national committee and the credentials committee weeding out delegates. Wtlliam Allen Cooper, the Wisconsin congressman who presented thLa Follette substitute platform at the republican convention and was roundly booed, has been asked to appear >e-, fore the progressive convention, in a telegram sent Cooper today. •‘Of F‘> er " This meant 'be dh.n.or.d the hlffieM d'gi I'" 1 ' ness Wl.sk we x.« » ■llam"’"' " ’ precious sU n 1 is “f G 1 denotes -I “ » „f color 1.tr...'-'' daw or othet ln,r„-.-fectl..n rml •' M II < brll'mitey Ip, rfect Dnddy Fu'i Up A rente: never pays W •I.- ti'-k't- Wb. I. I o bikes n young , woman to the tbret-r The lady's f»i ther nftepiN to tbit and comddere him self It s.il e.l If the younj titan |'T> . |>OM-S t'» IM 1 ’ . O- — 1 — Stay Near Hom* He tbnl «•*» fat I" marry will elthet » I I l ** ! == -- , i£ri Kjefcs akittJ |WI - l&Jk t&k MOTHS In Bnniffi Only y n ■ gF* y Half Pint .. 50c ■ LI K 2 , Pt.TSe QLSIIS .. .. Mosquitoes " RoacliesAnls ; r T■f r a M - I’ I

U "! ■ If you don’t feel like cele- fe ■ brating to-morrow it isn’t our fault! wF M J n *£M4bU>VMi ►r’ y Great Crowdi I I Memo# with aH hin wive* - * Will Enjoy | Midas with al hin Kold Themselves with all her bw'ity— Tomorrow at '* a P'»lcon With nil hi* medals—- ”, Bellmont Park <** u» xiv wttk .« m, rw«ii«r»I>on’t Fortyni L " ere " e '' w * ,nv < h « n “ re ,h< “ ,r " 1 "hbWc up thin tnorniiyt. hath cd. nhaved. Saturday. M * <l Kivin« three cheers in the Rond in I ,he ' purchaaed al John T. M>cm ( o’*. Ihi - P-” 1 H "rtk. , (> prn Saturday morning at 7 o'clock. e' 3 Go JR ’ INDIANA.

—— . ~ ; n Home W* '" “ sing!- spot .1 i A happy h< ’"" , , H1 H.n this earth ( ’ en 1 for the cui ?« ! ,n 1!()ber!9 „ l , slbllitles.-Ij ONE IN TEN NeyleetinC out of | ion of tire 'buffering or uuonvent- - tea cause no great sa if| tl>ll t i iat encc, but >t >s the l ifkj or a causes bM P' 1 " The ci.ea[x*t, chronic ® t 0 djj.mfcct the safest and and apply wound with 1 ] (() fompfcto the the Uororone j()) aOr «) 0 Sold by anJ ’ l nXus’’ Pnigt o- I

YOU | COLLECT I Collect your own Life Insurance whikl you live. Draw out more than you put in. WE TELL YOU HOW 1 Union Central Life Ins. Col Arthur Suttles, Local Agent J Fcr Sinclair Gasoline High Test or Straight Run STOP At The Sign of SINCLAIR SEIM V I. Evert 500 to 750 miles you ‘hnuid drain your crank case and fill up w ith SINCLAIR OPALINE MOTOR OIL FREK- Air and ( rank Case Service >' KM HLWAY Filling Station H. L Kern & Co. North 2nd Street

AshbaiicheJ FURNACES ■ LIGHTNING fWij SPOUTING I SLATE ROO-IH I PHONE 765 ot ;>)■