Decatur Daily Democrat, Volume 30, Number 273, Decatur, Adams County, 17 November 1932 — Page 6

PAGE SIX

INSULLCRASH WAS DELAYED Testimony Gives Young Credit For Abating Giant Break-down Chicago Nov. 17—(UP)—TestiF nio’iy that Owen D. Young saved the instill companies from bankruptcy for six months before they actually collapsed when on file today in the records of Federal Judge 1 Walter C. Lindley's hearing to dis-! close assets of Insull utility invest-: ments Inc. The testimony was given late, yesterday by Edward Eagle Brown ; viee-President of the First National I Bank. Brown followed Samuel insull Jr. ’ on the witness stand and disclosed i how Young and Melvin D. Traylor I

ComeJHere for | Winter Coats — with Fashion and Quality that make them look many times their ■ * "*' l r'N price. J 2& 59 K HSU OTHER COATS..SIO to sl3 Girls Winter Wk COATS You can always find a large selection of good feMjlSi quality coats here. Sizes gSggSgFi 1 vear to 11 vear*. H $3.50 to t', $7.5© w Every Item Spells Savings Me Are Oft ering Sensational Specials for FRIDAY and SATURDAY ® COMFORT CHALLIEyd. We sell the best cotton chailie made. eautiful new pat- 3 terns. Buv a supply now’ Snowy Owl Batt Finest Quality Fluffy White Quilting Muslin. Pure finCotton. Reg. 69c each. ish, bleached. 36 inch wide. (Limit 2to a Ver Y best quality. Q customer) each Reg. 12c graae. yard vC 36 inch Unbleached Muslin. 80x105 Rayon Bed Spreads. Fine even weave muslin. Handsome lustrous spreads. (Limit 25 yards to a 4 ln rose > b,ue - g r een> orchid customer) yard TC or 9 0,d colors g-| QQ Mountain Mist Quilting Batt Figured Outing, 36 in. wide. All in one big cotton sheets. Large flovvered . Kiddie at . New Extra size «/| terns. stri etc . Excel . 81x96 at ... DUC lent for Pajamas 1 Also Regular size QQ and Gowns ' yard 1 * C 72x90. at O*/C Unbleached Sheeting. 40 in. wide, durable quality. A Outing Flannel, 36 inch wide dandy muslin for Q good weight. Large teles- sheets, etc., yard vC tion of light or dark pat- „„ . terns; also plain white, pink 36 ,n ' Mo ," k 8 Cloth ' Natl,r ’ or blue. fn 31 tan color - Ver y popular Yard IvC for overclraD ' s : 2x2 w»»ve. (This price for two OEn Cotton Prints. Guaranteed* days on ' y ’ yard fast colors A very large Stevens Linen Crash. 15 in. selection of new bright pat- wide, unbleached. All linen terns, 36 inches wide IB with blue border yard lUC y a r d BC - BLANKET SALE - PART WOOL BLANKET—Just 60 blankets to be sold at this special low price. Size 70x80. Plaid patterns with sateen edge. Our regular price is SI.OO. Don't delay as Q K they will sell quickly at this price. Each Ot)C 72x84 PLAID BLANKETS. Extra size and extra heavy cotton blankets. Best quality made. m « qq P»ir SI.OO 72x90 PART WOOL BLANKETS. A new la-qe size. Extra fine grade. Plaid patterns in all colors. A “real q»Q bargain” at this price, pair SO.t)U 70x80 PART WOOL BLANKETS. For warmth and wear we recommend this blanket. Good weight for winter n»-f rq use. Sateen edges. Pair ul.lO Niblick & Co

President of the First National Bank delayed the Insull collapse from December 1931, until April of this year. Young, who had been a Mend of Samuel Insull, Sr., for 20 years, acted ia behalf of the companies, Brown said, because he believed •hat if the giant utilities concern collapsed before the reconstruction finance orporation hill was passed it would bring about a national crisis. Young it was testified, averted the collaipse the collapse for six months b/ influencing ten C'hicagr? and New York banks to enter into a standstill agreement on ?51.00d, 00=0 of Insull bank loans. Brown testified that on; last Dec. 15, Insull Jr., told Traylor that Insull had no more collateral and asked the bank to grant loan extensions. Brown said Traylor telephoned Young in New York regarding the request. •'What did Mr. Young sayV Brown was asked. “He expressed, the idea that with

the R. F. C. bill not. (passed, and public sentiment at very low ebb, the collapse of the Insull companies would have very unfortunate results for the whole nation." Brow.;; said trouble developed for a time when other banks feared the Central Hanover Bank and Trust j Company of New York was "Getting ; out of lino” on the standstill agree-i ment. He brought chuckles from other Chicago bankers present when’ he said his bank would mot make a request on New Y’ork Banks to 1 enter such an agreement." "We have had too mucn exper-j ience with the New York banks who would sign some such agreement.! then, later claim they signed it i merely to accommodate us, and fin-1 ally turn around and ask us to sign I some other agreement to return the i favor.’’ Brown Testified. The hearing was continued in-1 definitely at the close of yesterday's l session. o OLD TRADING POST IS TOWN Ixjveland, Cal.—(U.R) —-A Spanish trader, looking for a place where he could barter and trade with the Indians, established Namaqua Post, on the Big Thompson river, early in IS6O. Today the trading post has disappeared and in its place is the thriving town of Loveland. The Spanish trader was Mariana Modena, and when he moved from the San Luis Valley, he took with him his squaw wife and her son, Louis Papa. The first thing they I did upon coming to the new’ land was build a stage coach station. , I-ouis Papa and the stage coach ; station are still among those pres ! ent in Loveland. Construction of the railroad from Golden, Col., to Cheyenne, Wyo., i caused settlers to rebuild Loveland' sc it would be closer to the tracks, j David Barnes donated one of his • wheat fields and the town site w’as I laid out in the fall of 1877. From this start, Loveland has come forward to take its place as one of the most progressive towns < in the state. o — Lines Aid Bicyclists Harrisburg, Pa. — (UP)—Whitt lines are painted on Pennsylvania highways tor the convenience and use of bicycle riders, according to an answer given by an applicant for an automobile driver’s license! to the examining highway patrol-! man. The applicant was refused a driving pet-mint until he learned the ; purpose of the white lines on the roads. i » ’

0 I ( GERMANY ASKED TO CONFERENCE — CONTINUED FROM PAGE? ONE I .■. « ■ solve any present or future fliffictjlJ ties by force. 2.—Limitation of Germany’s armaments will be contained in the! jsame disarmament convention (to 1 ' |be framed by the (present confer-' ,ence> as that in which limitation' Is Your Skin Broken Out? Here’s Quick Help For You’ You don't have to put up with ■ that embarrassing disfigurement) | unless you wish. I Emerald Oil — soothing, healing,' 'antiseptic—will act like magic to clear away every blemish. Just , bathe your face with hot water and soap, and then apply Emerald Oil. i j No rubbing in of thick grease. Just i I lave your face gentlv with the healing oil, leaving a little on your skin all night. In a few days you’ll see an amazing difference — not a pimple on’ your face. But don't waste time merely thinking about it. Get Emerald Oil today from Cutshall’3 Cut Rate \ Drug Store with a promise of mon|ey back if it doesn’t clear your f '' ' Caring for the Flowers The beautiful custom of using flowers to honor those who have passed on, had its origin in the very dawn of history. It has a spiritual significance which will be felt as long as human nature survives. Realizing this meaning in • the floral offerings, we always give them the careful treatment they deserve. Mr. and Mrs. S. E. BLACK 500 • Phones - 727 I

DECATUR DAILY DEMOCRAT THURSDAY. NOVEMBER 17, 1932.

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By HARRISON CARROLL Ccpyrtfht, it 32. King Features Syndicate, Ina. HOLLYWOOD, Cal., — Just to chalk up another mark for Hollywood’s “over 40” brigade, ■ Edna May Oli-

ver figures largely in R K-O’s plans for the coming year. Asa starter, she will play one of the most important roles in Richard Dix’s new picture, “The Great Jasper," Hailed widely for her fine performance in “Cimarron,” the veteran actress has not always had the best >ki. ....

I * • ' ;•> .. ! Edna May Oliver atnrioa tn Tn lln txt

stories to follow up this success. Now, however, with Marie Dressier, Alison Skipworth and Henrietta Crosman looming importantly on the Hollywood horizon, R-K-0 has decided to do something about it. The first result is the role of the seeress in "The Great Jasper.” Though the studio still is seeking a leading woman for Dix, this film is due for early production. It will have little Dorothy Wilson, former stenographer, in the cast and will be directed by J. Walter Ruben.

Not long ago, Mervyn Leroy needed someone to pick a pocket for a scene in a picture. He happened to mention it at the fights and a local boxer offered to produce the ma«. A week later the tw-o again had adjoining seats at ringside. “Well,” said the boxer, "that man I sent you—was he al] right’” "Was he all right?” snapped Merv. "We have to take the scene slow motion to get it on the film.” HOLLYWOOD BY NIGHT. Want to look on the stars celebrating? Better try the Cocoanut Grove where the Thalians are giving their annual party. It’s 11 o’clock and you can just barely move on the dance-floor. There is Mary Pickford getting up to waltz with Johnny Mack Brown. Virginia Valli and Charlie Farrell won’t tirave the crush, however. Charlie is still under the weather. Phil Harris starts to sing into the nicrophcne and the dancers pack round the orchestra Colleen lucre and Mervyn Leroy try vainly i break away but finally give it

for nations is defined. 3. Limitation of German anus will last for the same period and be subject to the same revision as that of other countries. 4. Germany should be granted the legal right to arms permitted other countries, on condition of no rearm-1 amemt. Sir John proposed that air forces be reduced, to the British level —he , said the United kingdom ranked fifth in this branch of the service and then be further reduced by a one third all around cut. He (proposed limitation of battleships to 10.000 tans, reduction of size of cruisers, abolition of submarines, and limitation of the weight of tanks. He said Germany must not increase her total naval tonnage under the Versailles treaty if her 10,000 ton unit limitation is lifted. Sfr John proposed that Germany have the legal right to tanks but that the Reich refrain from akking for military or naval aircraft at 1 present. ; "By what means and what stages these principles can be applied

It’s Time For INK! Rubber Footwear |M We sell the famous brands such as Goodrich, Bali I Band and Converse —thev Ladies’ Goodrich Zip Mens Arctics, 1 buckle, pers, tan and brown, Rubber or Cloth, priced formerly sold for $3.00. at pair CO QQ Sizes 4 to S'/z. Special ..$2.50 to palr 98c Complete line of 5 and 6 buckle Arctics in Ball Ladies Rubber Galoshes Band and Converse at snap style, lined or un- greatly reduced prices, lined, a real Q j 4Q Also Felt Boots and value, pair tP A Light Weight Rubbers at prices way below last year. . Ladies Zippers in black ' or hrown, all sizes to fit any style heel, for- Spats, all wool and your mer $3.00 QI QQ choice of 3QI Off values .... tPA*»JO colors, pair Nichols Shoe Store

up. Tall John Wayne, dancing with Josephine Saenz has better luck. But not before someone has brushed off one of her belt of gardenias. Get to the edge of the floor and work your way around. That large group is Frank Borzage’s welcome home party to his wife, who has just returned from Honolulu. The couple tete-a-tete are Raquel Torres and Charles Feldman. Evelyn Brent and Harry Edwards , again. You see them everywhere. And incidentally, how about someone signing Betty for a picture? Louis B. Mayer has another big party, among them the William I Goetzes and Ricardo Cortez. There are Reginald Denny and ‘‘Bubbles." j Also Bebe Daniels and Ben Lyon. Now the dance is over and Ben Bard is on the platform to introduce the entertainers. Ruth Ro- I land sings. There is a dance by Billy Taft (he brought Rochelle Hudson to the party) And a real

surprise. Martha Sleeper does an exhibition dance with a professional partner. And does it marvelously well. The orchestra plays a song 1 written by Cherry Sale. She is i Chic's daughter and looks just like him. Charles Irwin comes in as re--1 lief master of ceremonies. Helen “Boop. Boop a Doop” Kane makes a hit. More entertainers. And then Buddy Rogers fairly stops the show. The only restriction Theodore Dreiser made

in selling “Jennie Gerhardt” to Paramount was that they preserve the integrity of the story. As B. P. Schulberg in - tended to do this anyway, the negotiations were amicable if a little nervous. Now that the deal is closed, B. P. has assigned Marion Gering to direct the

SiPWB I 1 1 * L M Sylvia Sidney

c picture. Sylvia • Sidney, of course, is the star. It 1 was Gering back or. Broadway, who 5 directed “Bad Girl” and won Paral mount contracts for both himself ' ’ and Sylvia. Later he directed her 1 in “Ladies of the Big House” and is 1 now doing “Madame Butterfly.” ’ The Dreiser story will be their next 1 picture. e , DID YOU KNOW—y That John Darrow once worked I t as a page boy in the White House?

must be the subject of detailed disI cussion, in which it is essential that ‘ Germany join" the foreign secretary 11 said. a “The principle of equality cannot J lie changed all at once”, Sir John I said. He declared that Germany I [should be allowed to reorganize her 1 military forces, "But this must not I I involve any increase in Germany’s powers of military aggregation.” The foreign secretary said Great Brittan was favorably impressed with President Hoover's suggesti ions regarding limitation of military , effectives and was prepared to ac-' cept them in principle as the basis: I of discussion. Sir John praised the “thoroughness and sincerity” of the new i French disarmament (plan. He noted , that the plan would involve modi- j fication of one of the clauses of the Versailles treaty "which itself [aims at applying the principle of equality." . , Today is the day! New Plymouth “Floating Power" Six. Now on display by Saylors Motor Co. 273-2 t

for I /yf** WOMAN 1 ® HONOR!] ChieoftbethousaJ thrills in R\l v l SABATINIS nm mil The BLACK I SWAN By the author of SCARAMOUCHE I A duel to death for a woman’s honor. ... For the dat sos chivalry had not yet fled—at least not along the Spanish Main. Don’t miss this fight! Don’t miss the danger, the thrills, the adventure of Buccaneering Days. KfliTltlC \ otlirHoill You can witness it a11.... Rafael Sabatini’s “The I v VM till Hull Black Swan” will take you back three centuries I when pirates sailed the Caribbean under the blue In The skies of romance. I Ilere is Sabatini’s finest siory since he wrote H - ... - ..-.1 “Searamouche. ‘ j (SPECIALS FOR Friday and Saturday HERE WE ARE. MEN! SUITS - TOP COATS and OVERCOATS I' | f B Large selection of Fine Suits. Topcoats and . * y ** 'W \ Overcoats—all moderately priced. Come in and / 1 ! '.f W \ * ,u - v now - ’K' $12.50 1. $19.50 J LOOK AT THESE VALUES! P | « II 1 Men’s Winter Cap* (? 1 r r V ' "fi 50c * 75c> ■ Heavy Weight Ribbed Union Suits ■ Work Sox, wool mixed «A f 10c. 15c. Aitlt f L| Wi, t Ojy I Heavy Weight Fleece Union Suits - Boys Ribbed Union Suits, all sizes 5 W — HEAVY BLANKET $1.35 ——*** Mens Heavy Fleeced B ° yS Leather Mens Work Trousers. Jackets with or with- Suede Jackets ‘ a ” Rood quality, regular out collar. Special the boyß wear them sl-25 value Special 98c 79c and $1.39 98c Boys Heavy I’leece Union PQ Mens Ribbed Union Suits 7") C Suits, all sizes Os/C good and warm 48c and • MEN’S HEAVY JERSEY GLOVES, pair l° c VANCE & LINN