Decatur Daily Democrat, Volume 24, Number 81, Decatur, Adams County, 5 April 1926 — Page 3
: Eg $ MCE ■ROWING WARM ■ , Administration’s Bid Filthl •” Middle■west Under Way Min BuHiinpham. r sum' 1;! " iml "' 1 " , \pril ’■ "f’ional ,hM to • i" 1,11,1 . BB- well t »>“’ Anal week to- , K „ inolH tori.fl candidates I |h . ir tin.il bar'-HK- f'.r the election. April 11. MP ~,7- .11- 0 >•'- f ~f : U, “ ° r nam'd and u l M r ••cnin. pr-nopal in- ■ ahum th- brilliant IHb-.tir < - : - 1 " 1 '" 11 Sl ' l ‘ a ' >r |, M, Ku :■ ■ tor :<■ nont.nath. r,1.-an riek't and ■ B Smith(,||,lt " s ' f "' S bas,-< ’ " n :..ti'>n fight. Miinli"’ is ‘ lll,l Pr °’ of '■('ooli-iai-isni.'' If- voted of 'h- Vii. iic.m adhcrance Court. He has sided Eliv " !: “'"’' 1 ' S ;l ” ,i, ’ I ' l,u, ’ ill , ‘" k i- .uni -'li.tin' "-’ion man |K< chief ticlit lias been based on Cour- iss»i«'- l‘'r.>m one end state to tile Other lie has tlajand the Coolidge ad to the court. the campaign a number of I^Bistratb-a spokesmen have apK li-’re bin none officially in beMcKinley In fact many dewere paying the slightest lUlnoisians. fieht is without fireso fa r a- 'h- primary is concaniliiiates are in the field to ■m; thmiorracy for the ■±l cagn bn Charles E Bren111,1 ( hies power in Illinois is ■ xpected to win handM Brennan is making his race on platform, scorning issues. K has mad- only a few speeches Me pre-primary campaigns. HB - - — o■ny TAKE part H IX OBSERVANCE ■ OF EASTER HERE \ ttm r.D ritoM ru.r <>ni;> Mint "’rvit.- amounted to $23*80. one more accession Bhe rhureh at the morning servM 0" Palnl Sunday, there were y confirmation, adult Mtlsm. l f 'Crr and renewal of proMion Ol! '' m-niber of the confirmsB| f h> ss "as not permitted to parM«t p 111 'h p examination and con-; PXl ’r. i- n s because o f illness. j e| h p r with former accessions, a : of members have been recciv»|lnto the fellowship of the church , » ,11P beginning of the year. On March 11. eleven infants were together with those of last a ,otal 21 " ,p re dedicated tn M 1,or(1 in baptism. B At St. Mary's Church »M.-r, ' Vl, h its beautiful religions wag impressivley observed Mary’s Catholic church, three j being celebrated during the. ■min?. The first mass, at 5 o’clock,! a solemn high mass, the Rev... 11. 1 acting as celebrant. As I been tlie custom, practically every of the congregation received Communion at the masses and al singing was rendered by the ■ior choir. At the 7:30 o'clock a,l, >ther large congregation at■>de<! and also at the 9:45 o’clock 1 mass. ■ Methodist Church Triumph of Love” presented ■ the Methodist church last night ■m-luiled the Easter services. The ■ tin g of the pageant was at the home . ■ Saloma, the mother of James and ‘ B, ' The first a ct took place the t before the crucifixion of Christ, secont ' act the day of the cruci10n and the third the day of B p res 'irrection. The pageant picB^ C<l 1116 sa< lness of the three apost- ■ s - Peter, James and John, when B Py found that their Lord has been ■“C'fi-d and their joy when Mary ■asdalene came to them and told B eni that their Lord had risen from B P 1 Pa a. Many were turned away ■°m the services last night. ■ he Easter services started with Morning Wateh, held by the Ep-j ■ r 11 League, Sunday morning. I ■ r< " as a Rood attendance at the ■' ‘' ae hool session. Following the ■ 'lay school, the pastor, Dr. SomerKvr ■ IStlt ’ baptised thirteen persons. I Idmt nfant8 ’ five c 'hildren and three lip-J an<l receiy ed forty into full Eon 6 ? hlP ° f the cllurch . thirty-eight I ■ 11 m Preparatory class and two . IA m ' ate ° f letter9 ’ Ll., ' 1116 baptismal service, the ■enp'i '.° f the Snp<la y school prefcla.ln paeeant ' “ T he Dawn p£ | eaß ’ The children represented
- 3.75 Malt’ i j - l - ' L ' — cJk t • k • Mr. Fred Pabst, whose beei •was once said to have made Milwaukee famous, posed 1 with this bottle of the malt ' extract which is causing the > new furore in wet ami dry circles. •» A permit has been issued for the sale of the tonic which contains mon tb-m Seven times as muih as near Leer.
the different flowers of the Easter season. The beautiful cantata, “Hosanna.” by Nolte, under the direction of Mrs. Dan Tyndall, was given Sunday afternoon. The soloists were Mbs. Dan Tyndall. Mrs. Cecile Moser anil Mrs. Clyde Butler. Mrs. Carrie Haubold was the organist. The Junior choir, under the direction of Mr. \V. E. Beery, gave the : beautiful cantata, “Light From the' Tomb.” by Wilson. Sunday night. The numbers of the choir were vested this was tiMTir first public appea.'ance. The soloists for the cantata { we«e the Misses Doris Peters, Bernice Nelson, Marcella Nelson, Mary Jane' DeVor and Monai Butler. Mrs. A. D. Suttles was the organist. United Brethren Church There was a fine attendance at the special Easter services held at the. United Brethren church Snnday morn-' ing and evening. Special music was furnished and beautiful sermons were delivered by the pastor, the Rev. Cecil iR. Smith. The Easter collectinn was large. I Presbyterian Church Impressive services in the morning, afternoon and evening, marked Easter Sunday at the T*resbyterian church. Special music was included in all of the meetings. At 5 o'clock in the afterni on .Communion was held and J practically all the members of the . church attended this impressive cere- ! mony. The Rev. B. N. Covert was in charge of all the meetings. Baptist Church Large crowds attended the Easter services both morning and night at the Baptist church. Communion services were he’.d during the morning. I In the evening, Howard Brumley and' Donald Lammiman, two Decatur young .men studying for the ministry, had charge of the services. The Rev. 01 E. Miller officiated at the morning services. Christian Church Large crowds marked the day at the t • Christian church. Communion services were impressively held during the morning services. Special music, in _ charge of Miss Josephine Anderson,! added to the significance of the day. l The Rev. H. W. Thompson had charge o fthe meetings. — —o Rushville — Directors of the Rushville Athletic Corporation are round-, ing up pledges to the high school gym-, nasium fund. If all pledges are paid ( the cost of the building will be met and a balance of $33 will be left. Liberty — John Driscoll came out in opposition to Hellion Lambert of I Columbus for the Republican nomination for state senator from Decatur. Bartholomew, Franklin and Union counties. I Indianapolis — A battered alarm ' clock was the only loot of buglars who broke into the office of the Gem Coal ! company and attempted to open the 'safe Woth a sledge hammer. Muncie — A new system of regis-, .ration was placed in operation at the Muniie State normal to handle the, larger enrollment with greater facility. |
DECATUR DAILY DEMOCRAT, MONDAY. APRIL 5, 1926.
Suspicions About Wall Street and How They Arise By FRANCIS H. SISSON, President Trust Company Division, American Bankers Association WOULD-BE economists, political orators and the general public make frequent positive assertions about the functions of Wall Street without any realization of what constitutes
- Wall Street or what purpose it serves. Lack lof knowledge breeds suspicion. Yet it is not I difficult to understand the nature and funcI tion of Wall Street. Let us set down a few of I the facts which account for the existence and I nation-wide, as well as international, services of I Wall Street. ‘ There are 316 banks in New York with I combined capital and surplus of about $1,400,I 000,000. Their deposits aggregate over sll,- ■ 500,000,000, and during 1924 their total volume Nos business reached nearly $250,000,000,000.
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f. h. Sisson The New York Stock Exchange in 1925 sold 463,000,000 shares of stock and in 1924 $3,828,000,000 worth of b nds. Wall Street is the national credit and money market. It is just as essential that there be markets for ihoney and for
stocks, bonds, mortgages and other securities as for cotton, corn, tobacco, wheat, hogs and other commodities. If Wall Street Were Destroyed Wall Street is the natural evolution of the forces of trade and finance. It exists because there Is Imperative need for it in the nation's business. If some cataclysm should destroy the financial district of New York we would see frantic efforts to re-estab-lish it so that trade and industry could continue. If the production and marketing of agricultural and industrial commodities did not need sueb a financial institution, Wall Street would not exist We depend upon the farmer to help I maintain the general level of protsI perity. Wall Street as a money mar- ■ ket is called upon to finance the growth and marketing of farm crops. Many Wall Street bankers were born and raised on farms. If they were not thoroughly familiar with agricultural requirements, they could not hold their present positions in the financial world. In the period of deflation, Wall Street suffered proportionately as much as the fanner. The aggregate losses of Wall Street banks mounted to a staggering sum. Wall Street is not an independent institution, but an organic part of the country’s business system, necessarily reflecting the ups and downs of business. Four Billion Dollars An approximate estimate of the main items in Wall Street's financial operations in handling farm crops shows that New York banks for the purpose of agriculture put out commercial loans to the value of one billion dollars, hold bankers’ acceptances for another billion, buy commercial paper such as cattle and sheep loans for a third billion and carry balances of country banks for a fourth billion, t Thus Wall Street furnishes a $4,000,000,000 river of credit annually to produce farm products and float them to i market. The outward flow to rural banks I enables them to make the required 1 advances on farm crops and for warehousing and handling cotton, tobacco, wheat, raisins, prunes and countless other products. Outside of his own personal efforts on his farm, W all Street is the .biggest single factor in the prosperity of the farmer. After these commodities have been moved to market, the money used in handling I them returns to Wall Street for inI vestment. New Aork is the largest security market in the country and offers a use and market for the idle capital of the rural banks between crops. Funds from every part of the country flow to New York, attracted by the greater opportunity for their profitable use found in this center. Thus the accumulations of deposits are large, and in turn the openings for the useful employment of these funds in
Religious Survey Being Made At State Capita! Indianapolis, April 5. — (United I Press.) — A city-wide survey of refligious conditions in Indianapolis is . I under way this week under the direc- , tion of the Marion county council of; . religious education. Workers from ail of the churches 'of the city are co-operating in the ! work which it is believed will show the trend of religious feeling in the city. i It is hoped, it was pointed out, ; i that the results of the drive also will result in the uncovering of information which will be valuable in the work of combatting the crime wave which is sweeping not only Indianapolis but the entire state, i Indications are, it was said that the ; 1 survey will not be completed until Jate in May. and that the results will not be known until June, because con- ' siderable office work will be ncessa: y ' in tabulating the reports. The men and women who tire to i C (. part in the survey yesterday received instructions on the kind of inti nnatlon desired at a meeting held | at thp Y. W. C. A. here. E. T. Albertson; of the Indiana Council of religious education; Dr. j Ernest Evans of the church federation; J. H. Ehlers, of the Y. M. C. I A., and Miss Gertrude Brown of the | Y. W. C. A., will bea ctively in charge : of the survey. — o -c .' Guy Kehler, of Huntington, visited I i friends here yesterday.
the facilitation of trade, industry and Investment are upon a correspondingly ample scale. It is clear that these funds must be employed sanely, constructively and to the real service of the business community. Otherwise they would inevitably soon be withdrawn. Huge Investments Help Farmers These huge Investment operations in Wall Street are of significance to the farmer. Much of the $10,000,000,000 invested, In farm mortgages was ad- l vanced by Eastern financial Instftu- ! tlons. In no sense is Wall Street’s Interest in agriculture local or sec- 1 tional. The main function of New ' York financial institutions is to send money where it is most needed. Another service rendered to agriculture by Wall Street is the purchase of Farm Loan bonds, Joint Stock Land Bank bonds and the debentures of the Intermediate Credit Banks. There is a total of $1,451,800,000 of this paper outstanding, of which New York banks took about one billion. Wall Street loans to country batiks are made at low rates, usually below 4% per cent The local banker’s rates to his customers are adjusted to local conditions, which cannot justly be laid at the door of Wall Street. General financial service to other industries related to agriculture also helps the farmer substantially. Wall Street loans to the packers, railroads, millers and farm-machinery manufacturers to help them serve agriculture. Wall Street is as necessary and serviceable in the handling of credit and capital as is the cold-storage plant in caring for seasonal perishable products. The necessity of such a credit center in a country with a $60,000.- , 000,000 annual business is obvious. What the People Want Every great international bank In New York maintains close relations with thousands of other banks in the United States and in every foreign country of any importance. The movements of commerce and investment are supported upon this interrelated system of domestic and foreign banks. Thus it comes about that the products of the farm, factory and mine are financed by these banks all the way from the producer to the foreign consumer. Wall Street in the discharge of its true functions as the nation’s reservoir of capital and credit includes the whole business community in its field of operations. Its control lies with the people. Theiir demands go vert it, and their presence or absence from the market determines its trends. Wall Street prospers as farming and industry prosper. Its service is to the people of the whole country and, for them, to the people of other countries. It is the direct reflection of American agriculture, industry and commerce. — From the Country Gentleman.
His Health Ruined By Constipation Tells How He Got Quick Relief. , No Sign of Trouble Now. “For five years I suffered with liver trouble and constipation. My bowels were so sluggish they would hardly act more than once a week. My complexion was yellow and I was all run down. My appetite was poor and I had a disgust for food most of the time. I went down to 136 pounds, and my vitality was so low I just had no pep at all. I felt lazy and wanted to sleep all the time. I tried different medicines and nothing did me any good. Then a relative recommended Viuna. Before I had taken half a bottle I felt better, and by the time I had taken the second bottle I had gained 4 pounds and could eat anything, had a good, healthy appetite and was feeling fine. All that drowsiness was gone and I would get up in the morning full of pep. It has been three months since I bought my first bottle of Viuna, and I believe I can truthfully say that I am entirely well. I have gained 20 pounds, and never felt better in my life.”—Paul D. Bragdon, 1523 Cedar St., Anderson, Ind. , , Viuna acts promptly on sluggish bowels, Inzy liver and weak kidneys. It 1 purities the blood, clears the »kin, restores appetite and digestion, and brings new strength aud energy to the whole body. Take a bottle on trial. Then if vou’re not glad you tried Viuna, your money will be refunded. $1 at druggists, or mailed postpaid by Iceland Medicine Co., Indianapolis, Ind. VIUNA The vegetable regulator SOLD BY CALLOW & KOHNE
1 R. S. Todd New President Os Bluffton Rotary Club Bluffton, April 5. R. S. Todd, president of the Studohaker Bank, of this city, was elected president of the Blufftort Rotary (Tub at the meeting of directors of the club Friday night. W. A. Kunkel is the retiring president. The other officers elected Friday night were: George L. Saunders, vice-presi-dent', J. T. llelger, secretary; George L. Arnold, treasurer; and Earl MrFarren, sergeant-at-arms. In addition to the officers named above. J. A. Moynihan and H. B. Swisher are members of the new board of directors. A committee on By-laws, of which Ma’am Simmons is the chairman, has beffi appointed, and this committee will go over the present By-laws and I rnalko changes with the idea of having a new booklet printed. At the meeting Friday night, W. A. ' Kunkri. Jr., was elected the delegate to represent the local club at the International meeting in Denver this June. r> Charleston Danced To Old Fiddler Music At The Adams Wednesday Did you ever see the Charleston danced to old time fiddler music'.’ Doubtless you haven’t, but that’s one of the treats in store for you at the Adams theatre Wednesday nigh', i when the Ohl Time Fiddlers play •. | retura engagement by popular request. In addition to the snappy tunes that our grandfathers use to I dance to, there will be modern, up-to-the-minute clogging ami Charleston dancing. Besides this high class musical entertainment an especially fine photoplay program will be shown. The feature is a gripping melodrama of feuds and romance in the Carolina j mountains, “Sun Up,” with Conrad Nagel and Pauline Stark. An added . attraction is Harold Lloyd, the world's most, popular comedian, in one of his greatest successes, “I Dot.” It o Miss Francis Not To , Face Trial At Present i 1 Itu’fton. April s.—Miss Golden Francis jof Roanoke, who is still in the cot rtty jail here, under band of s!<».000 f trial on a charge of as--1 saidt with felonious intent, following the, shooting of Earl Williams, 23, at Zanesville, a week ago Friday night, I wil-loot face the charges in court forj at least six weeks. This delay was j assured Saturday morning when the
I"*"""" ” ’ . ... _ f I Tlietes always to buv, ° Honest merchants are in business to help you with your buying problems. You may reply, “They are in business to make money!" And, of course, they are. But the point is: They know that the best way to make money is to serve you honestly and efficiently. One of the most valuable services a merchant can render you is to tell you when to buy. He knows the market. He is kept informed about raw materials and manufacturing problems. He gets all the advance tips on styles. He even knows pretty well what your particular circumstances are, and what your needs will be. So, his advice— as offered through his ads in this paper— is worth money to you. When he announces a special sale, or displays a new line of goods, it is well for you to investigate. There’s always a right time to buy, and the ads in this paper will keep you posted. Read them and follow their advice! © 1925,0. LH. I
bar association mot and set cases for| the first six weeks of the April term, j Prosecutor Elmore Sturgis did not | usk for a setting of the Francis case| owing to his desire to be assured that I Willloms would completely recover from Ill's wound ami be able to come hero and give testimony. Word from j I Fort Wayne wus that Williams was i improving rapidly and would be re- 1 leased from the hospital In about 10 days. The bullet will not be taken | from his body ,as it has been located ; in the appendix cavity. —— (j-. — “The Crazy Idea,” senior class play, D. C. H. S.. Tues. Apr. 6th. 78 4t| —— — o Card Party and Dance, Wed- : nesday night. 7:30, at the Catholic High School Auditorium. Be there. 81-2*
Chlorine Gas The remarkable new, [ r '4 \ scientific discovery for i I the prevention and elimvJvVAy i nation co^s * s now obtainable at drug stores SCIENCE has found away to defeat the most prevalent of human ills . . . Colds can now be “checked” by Chlorine Gas. You have no doubt read of many of the tests made by leading medidal authorities and the remarkable results which have been obtained. Now Chlorine Cas comes in tubes, just as you buy tooth paste or shaving cream. “Respirine” is the name of this new genuine Chlorine Gas treatment for home and office use. Simple in application by merely placing a very small bit of the Chlorine ointment in the nose. Upon exposure to moisture in the nose; the ointment releases pure Chlorine Gas (always in safe The gas, when liberated in the nose, is carried to every part of the nose, throat and lungs. It checks the cold, because it checks the cold “germ” and aids nature in doing the recuperative work. Always keep a small tube of Respirine in your vest pocket or purse. Then you will be prepared to check a cold at once. Respirine is sold at all drug stores in handy tubes for 50 cents enough for fifty applications. Your druggist has Respirine and will gladly recommend this remarkable new discovery. . L' ~| THE HOUSE OF ! Respirine u an active remedial agent for: 5^Y' IE . Common Cold, Bronchitis, Laryngitis, General Sale, AgenU Pharyngitis, Influenza INDIANAPOLIS, tfTTh ... . . . . INDIANA It ehecks a cold because it check# the “germ” before it get# deep seated. Retail Druggists send ° _ your orders direct to kienue oi Crante Th. CHLORINE GAS Treatment for Cold.
; Gary — Alhx Peterson offered a reI ward for the theiveg who dug young shades from a lot he owned and carried them away. Michigan City — "It was some med- ’ Icine for the grippe that matin me • sleepy,” explained Francis McDer- ■ moil who wan arrested for sleeping off a jag In u movie. The nap cost him fen days in jail and a S4O fine. Crawfordsville A spelling bee Is still u popular indoor sport in Monti gomery county. Three hundred per- ’ ; .ons attended the ffirs’ round of the junior high school spelling tourney here. Royal Oak, Mich. — Burglars attempted to open a safe in a local lumber yard. The attempt was unsure. isful. When officials of the company arrived they found the following note: "You’ve got a damned good safe when we can’t crack it.” - f!_ 1 I
