Decatur Daily Democrat, Volume 26, Number 235, Decatur, Adams County, 4 October 1928 — Page 5
STATE BANKERS ASK CHANGE IN reserve laws
4—{'JR)--wide disPhiladelphia. 0« ’ „ between the reserve cerpant'bs d national banfeß, ,tp State Batik Division meetr'rfthe Antean Bankers' A.soei.S i,,nv ; n Z^>h T "’se ’TXt presented by M Plin Be.be tdent of the Bank of Ipswich. S', ’. cnmmlttee said in P ar * State banks are not able to com’wlth national banks along speci- ? c lines of inrnme. With the exception » .host 15 reserve national banks, e required reserve of aH national h»nks is but seven per cent of the r demand and three per cent on their time deposits. Besides these reserves, Lhich are carried in the Federal Re Bfr ve Bank, they are of necessity required to carry additional reserves to conduct their business. ■Considering these facts, why should oily 20 Per cent of our states require their reserve banks to < arry practically the same reserve as national banks on demand deposits while 80 per cent require from 10 to 25 per cent? "You would naturally think that nonreserve banks would be required to carry a smaller reserve no demand deposits, but we find that only eight per cent of the states allow their banks to compete with national banks on an even footing against 20 per cent of the footing against 20 per cent of the reserve state banks. “No state should force its banks to compete with the national system on the surprising unfair basis that our study discloses. We hope that each state will remedy its statutes as as needed. We do not believe the reserve requirements of national banks should be taken as a basis but the sole question to be considered in each state should be What is a safe and consistent teserve on each class of deposits? o TEN BEST SELLERS (Compiled for the United Press by The Baker & Taylor Co., wholesale booksellers and publishers of The Retail Bookseller). Fiction 1. OM Pybus. By Warwick Deeping. Published by Knopf. $2.50. 2. The Strange Case of Miss Aanie Spi'agg. By- Louis Bromfleld. lished by Stokes. $2.50. 3. Guyfford of Weare. By Jeffery Farnol. Published by Little-Brown. $2.50. I All Kneeling. By Anne Parrish. Published by Harpers. $2.50. 5. The Children. By Edith Wharton. Published by Appletons. $2.50. General 1 John Brown s Body. By Stephen V. Benet. Published by Double-day-Doran. $2.50. 2. Beneath Tropic Seas By William Beebe. Published by Putnams. $3.50. 3 Strange Interlude. By Eugene O’Neill. Published by Boni & Liverright. $2 50. < Goethe. By Emil Ludwig. Published by Putnams. $5.00. 5 Poems in Praise of Practically ■ ’othing By Samuel Hoffenstein. Published by Boni & Liveright. $2. f hnton 8. Carnes Leaves Winnipeg For Atlanta, Ga. Winnipeg, Can.. Oct. 4—'U.R)—Clin ’ n S. t arnes. former treasurer of the Home Mission board of the Southfll> Baptist church, left Winnipeg for tlanta Wednesday to face charges of embezzlement. Carnes, who has admitted he aided Wo pretty movie apprentices, said he anxious to clear up financial enunglements which involve between ♦IfO.OOO and $1,000,000. th Canadian P° llc e escorted Carnes to railway station where he was "med over to Assistant Solicitor ■neral John H Hudson and assistant Puty Sheriff R. T. Holbott who will ® r him on the journey to Georgia. w o t rnes was arrested here last . e Wi,,;ri he was recognized by a mer fellow Atlatan. He had .grown ,Pa '> moustache and posed as an Ara erican manufacturer. ' o— —. Woman Uninjured When Automobile Turns Over er^D 11 ® k^ Ct 4 Special)—Mrs. Petthe a, cawar,z scaped injury when over " T° hlle she was driving turned cldpnf n . Was damaged in an acof r„. 0 and one -half miles north f arm 1118, near the Dennis Striker and. Schwartz had been in Berne f arni 1* earoute t 0 the David Steury the ./j. She neared th « Steury farm, she Inst * la,or 011 her car struck and tar up Bontrol of the machine. The Mai * road and turned over. SevMrs <t,h. SaW the acc ‘dent and helped ■ Schwartz out of the wreckage. Truly Ducal Abode of MaX^ na l ace ’ she seat of the duke r «’idence the larßeßt Private ba,ld ‘n 8 \i ftD . England - The main '“08 alone cover* three acres. r .....
Daughter Os Adams County Couple Describes Hurricane
In a letter to her parents, Mr. and i Mrs. Albeit Duer, residing one mile i south of Monroe, Mrs. Stella Newlon, of West Palm Beach, Florida, gives a most interesting account of her , gruesome experiences during the Florida hurricane. The "Duer” re- , ferred to In her letter is her brother, , Solon Duer, who, together with his , family, occupied a garage apartment , just back ot the Newlon home. The Newlon residence is said to be a large j possessive residence and withstood - the foree of the storm better than | many smaller structures. The letter follows: I West Palm Beach. Florida, i Sept. 25, 1928. Dear Dad. Vie and Frank; Expect you would like to hear some : news from Florida, especially since I our last hurricane I have meant to 1 write sooner, but it's been a big job 1 drying out things and getting things ] in a livable condition since the storm. Our house doesn’t show so much 1 damage from the outside. It, is ' strongly built and stood the wind pretty well, but about half the roof 1 went and five windows upstairs ami 1 one down stairs and we were deluged 1 with water. We had just two corners 1 that didn’t get wet, and I mean just ' corners too. In one the piano was 1 protected, in the other we stacked our 1 best clothes or rather packed them 1 on clothes rods. We also managed to 1 keep our best rugs dry by rolling and 1 shifting it from one place to anoth- ’ er. Practically everything else got * wet some. We moved all the furnF * ture and bedding that we could into 1 two downstairs rooms and fortunate- 1 ly the windows held in those rooms 1 and Duer and the boys made holes in ' the plastering on ceiling to let the water through, so that kept the plast- 1 er from falling and also kept it from 1 leaking so bad all over. The water ‘ was about two inches deep on the floors and Duer and the boys had kept ' busy emptying buckets to keep it from beinfc worse. All of us were exhausted from mopping water trying to 1 save things. Our front door is about ■ two inches thick, a very strong door, ' but it threatened to give' way to the 1 might of the wind. We nailed it first 1 and then put a board across it, and the screen door twisted half into amt began pounding the door. Solon said ' if that door goes we’ie doomed, so 1 told them to nail the table boards over it. They are walnut, but nails penetrated them jutst the same and tljey secured the door. The windows down stairs are mostly small panes 1 hate to clean them, but being small was all that saved them. We sure thought they would give away. The entire roof went off the garage apartment where Duers live. They had not been in our house five minutes when it went. Our roof went first and Duer got over to our place to help us if he could. We soon saw that all we could do was to let the water come in at its pleasure and Duer said the apartment was dry and for us to get over there it we could. The house and apartment are close together so we decided we would try it and Clare took Dick. Horace and Bill followed. 1 told them I would get my purse and what valuable papers 1I could before I went. I just lost my 1 head a bit or I wouldn't let them gone because I knew our house would stand more than the apartment would, j and when I went to the door towards ; the apartment and saw the roof on. It sucking up and down I was sure scared. I thought they were waiting j for me so I would have to get over I and tell them to get back to the' house. I had Laura Lou with me and ’ when I started to leave her she began screaming so I had to take her I along I suppose I did a dumb thing , by putting her out the door ahead of. me. The wind took her out across I the yard rolling. She got to her feet j some way and the wind started her i out toward the open lot beside us. I | knew I had to get her before she got I into the open, so I made after her. I caught her at the street and we both | went rolling. Horace got to us then I and his 170 pounds stood him well for once. We managed to get to the garage and he said they were all coining to the house and for us to go back He took Laura Lou and I managed by crawling part of the way, to get back | ■While Ethyl started the wind took 1 her rolling and Clare rescued her When Duer and the boys had gone to the apartment they found the bath , room had caved in and they soon de- | dlded the house would be safest. But after the roof went, the rest of it stood pretty well, and we went right to work soon as the storm was over to cleaning and drying things, so will save most of the furniture in both places and other things in both pUces. We have storm insurance on the house but none on the garage. Noth ing was damaged in lower part of the garage except by water. My car, a new Dodge Victory was inside and Duer's radio room is in the other side. He had about $3-000 worth of ladios in it, but were not hurt. His car was under the pergola and the force of the wind pushed it side ways about one and one half feet but it came through unhurt. I am telling you our experience and extent of oui damage but we are among the few who were lucky. You can believe anything you read about this storm. It can't be magnified any. The propeity
DECATUR DAILY DEMOCRAT THURSDAY, OCTOBER 4, 1928.
damage is immense. I'll send you some pictures I believe they will tell you better than I can explain what West Palm Beach looked like the morning after. There were few people actually killed during the storm here, but scores were seriously hurt, backs broken, shoulders or hips (rushed, arms or legs broken and some severely cut and bruised. It just seems a miracle that so few were killed when you see the terribly wrecked buildings and people were in so many when they were wrecked, and had to make their way to safety through the storm. West Palm Beach is a wrecked looking place, but the terrible disaster was to the Everglades and small towns west of us. The dead there now is estimated at 2,200 and many believe when the Seminole Indians are accounted for the list will be near 3,000. The dykes around Lake Okeechobee broke and the flood took everything in its way. The rescue work there has been a terrible task. So many animals and humans dead, the stench is terrible. The most of the bodies lescued have been brought to West Palm Beach for burial. Well, they buried them at first and now they are in such an awful condition they take them to the incinerator. The few who managed to live by clinging to the tree tops, timbers or on floating buildings are so pitiful and some of them half demented. There are just a wife or just a husband or a child left alone in the world, the entire family gone but just one. It is so pitiful. Few children came through it at all. The Everglades is the rich farm lands of Florida, so many were there taking care of the sugar cane crops. It is estimated there ar& 15.000 homeless. There are a great many more than that for a great many are living with friends or relatives until their homes can be rebuilt. We were without water, gas. lights or any public ser vice for 24 hours. The water com pany repaired so they could operate In 24 hours and the gas company turned on the gas Thursday noon. We are still burning lamps and candles, although lights are operating tn the business section. One of the largest furniture houses in town sold $150,Wo worth of furniture for SIO,OOO so vou can guess what the storm has done to it. Hildred was at college in Tallahasse: she left here the 11th. Preston is in Fort Wayne and W. O. was in Tennessee, so they all escaped the storm. Will came home Saturday morning and said he had heard along the way that West Palm Beach had been hit hard, but he couldn't believe it was wrecked like it is. We were in the center of the storm and got it full force. It was estimated to be traveling at 125 mile rate of speed. Duer says he saw a board going lirough the air that he knows was raveling that fast. Well, going through a hurricane such as this one is some experience and once is plenty often too. One of our little neighbor boys asked me a few days after the storm. “Mrs. Newlon was you scared during the storm?" and I told him I iidn't know whether I was or not. I
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couldn’t say as to how I acted Duer spoke up and said, "No, 1 don't believe she was exactly scared.” Well, the hoy said, "I gness you just had a awful funny feelin’. I know I did,” and I guess that is a real good explanation of how we all felt. Neva's homo fared about like ours. Hammers are fast at work rebuilding again and streets are being cleaned. National guards are on patrol all over town and it will not be long until the hurricane will only be history. Mon are at work on our garage apartment today. It will take about two or three weeks to get It in order again. Clare and Horace put a temporary roof on our house so will let it go until some of the others are repaired. Bob Shirks have moved into one of our bouses, that was not damaged much. With plenty of love for you all. Lovingly, Stella. o Two New Indictments Sought Against Kidnapers Chicago, Oct. 4—(U.R) -Two new indictments were sought by Cook county prosecutors today in Chicago's war against mafia kidnapers and extortionists. Assistant state's attorneys John Hoffman and Charles Mueller went before the grand jury seeking indictment of Andrew Cappellano and his 16-year-old son. Tony, on charges of participating in the kidnaping for ransom of Billy Ranieri. Cappellano has confessed he held the Ranirri boy on a farm at Bourbonnais. 111.. 50 miles south of Chicago. He was arrested witli his son at Herrin, ill., having fled shortly before police located his farm. o Baby Scalded To Death Vincennes. Ind . Oct. 4--(U.R) —Irene Vaughn. 2, Lawrenceville. 111., died in i hospital here of burns sustained when she fell into a tub of hot water. Sheriff, Working Without Pay, Discharges Deputies Muncie. Ind.. Oct. 4 flj.RF—Harry McAuley, Delaware county's unpaid sheriff, is working harder than ever now. Beginning with this month, he is trying to do all the work himself, as in addition to refusal to pay his BAD LEGS Do Your Feet and Ankles Swell and Inflame and Get so Sore You Can Hardly Walk? Have Yom Varicose or Swollen Veins and Bunches Near Ankle or Knee? To stop the misery, pain or soreness, help reduce the dangerous swollen veins and strengthen the legs, use Moone’s Emerald Oil. This clean powerful penetrating yet safe antiseptic healing oil is obtainable at all first-class drug stores. In hundreds of cases Moone’s Emerald Oil has given blessed relief Wonderful for Ulcers, Old Sores, Broken Veins and Troublesome Cases of Eczema MOONE’S EMERALDOIL
salary, county comtnisslbners have refused to allow him any money for deputies. The commissioners' attitude resulted from an election contest case filed — —•— ■■'•“
Be Sure to See the Big Air Circus —AT— Decatur, Ind., October 7th FIFTEEN AIRPLANES WILL PARTICIPATE IN RACES, STUNTS, FORMATION FLYING, PASSENGER CARRYING, ETC. GENE ROCK WILL THRILL THE CROWD WITH HIS HAIR-RAISING PARACHUTE JUMP. COME EARLY AND STAY LATE. ADMISSION 25c. CHILDREN FREE. FREE PARKING Aereco Flying Service Fort Wayne, Ind.
• wWfp» .— *s— V>— ' . t"W&d ILooks and Acts like a Costly Car because it’s built like a costly car The only Essex point in common with cars in #*, its price field—is price. There is little in either appearance or performance to distinguish it ~‘ *sr' from many a costlier car. In size, it possesses the advantage of compactj, ms ness without sacrifice of passenger quarters or 7 < riding comfort. It steers as easily as any car * -* you have ever driven. There is a quickness and tit) and nimbleness in its motor action that will r make some costlier cars you have driven seem Coach -- - *735 glow and sluggish. These qualities are lasting. Sedan (4-Door) 795 w | iatever CO stly car detail you compare Essex C ?RumM« L< Moe« J 45 Y ou will be impressed by its high standard in design, Roadster - - 850 material and workmanship. ah trices/. o. b. Detroit Many exclusive apd patented features contribute to Buytr, can t»y for car, of these Essex advantages — among them being its ‘ n X n r«e a Mr7n?*M<3i“n. l ' high-compression Super-Six motor, which to our Fintand inwrance belief is the most powerful and efficient automobile motor of its size in the world. Won’t you examine and drive the Essex, whether as a prospective buyer or as one interested in knowing why it is the choice car in its price field as proved by sales? P. KIRSCH & SON rorner Secend and Jackson Sts. Phone 335
against McAuley, a republican, by John C. Humphries, democrat, who declared that ne and not McAuley was chosen sheriff in the November. 1928, election. Humphries served notice on
PAGE FIVE
the commissioners that he would hold them liable on the bonds for any money paid McAuley, pending outcome of the contest, case now in the Indiana supreme court on appeal.
