Decatur Daily Democrat, Volume 31, Number 45, Decatur, Adams County, 22 February 1933 — Page 5

ii WOODIN \re named to cabinet posts **taXhanßC for wa r debt X and the British view- , that though debts may be 1 ‘ ! individually, economic ' ‘ can only be decided Hi tateniattou.il conference. lor Cordell Hull, of Ten- , who »iH become secretary * March 4. and William 11. *' president of the Aineriaud Foundry Co who will ■ secretary of the treasury, "expected to start almost at 'conferences with European i-adors and ministers look»»»rd an early meeting of econofflic conference. lf e it appeared urgent that conferences be held before K it payments on war obliga arc due in June, the Rooseplan to hold tlie economic (rente first meant that' the (C would have to begin at the lest possible date, perhaps in r April. For several weeks, id been believed that the conge could not meet before late »er. le Roosevelt move to speed pliatious had the full co-oper-iof the Hoover administrar, Roosevelt s only public exW ion of bis meetings with Itb and Canadian diplomats Hay was this formal stateI liter conferring with SecraStimsoß in Washington on (jay, the French ambassador. I Claudel, came to see me in i York today. We discussed friaily all questions relating Hhboration between France the United States. This inlai of course, tile world ecok conference and inter-gov-lent debts. conversations will con- , and the now secretary of It, after his selection is anKed. will doubtless see M. lie!. Ind a delightful meeting with Herridge. the Canadian mint. We discussed many matof mutual interest to Canada the I ailed States.’’ ke statement was issued shortiefore Mr. Roosevelt made He the names of his first two let appointees. (GAINS — Bargains tn Living mn, Dining noom Suites, Mat ie» and Hugs. Stuckey and Co tree, our phone number is 44 c*

ssor^ Curtains lW 1/n I wlAvtvh Ail Very Dear ■WrJ. Lif 4 rLl'* \ v F° r Spring Is About Here. *■ Zh.m /1 v • V' \\ ihb IfW W1 JUST RECEIVED! |W ? 'Fry •’< V ■>■// // 7 \ •;, V-vA T Beautiful New Patterns in splendid vLff/X/ \vk'dtV Quality I rench .Marquisette, Dotted N ‘■'k'v/ Swiss and Novelties—39 to 10 inches (■KR' in width. With the coming of ytjj Spring one naturally thinks of mak/hP in K evv Curtains an( l year cur<7 tain materials are lovely and so inexpensive—you can brighten up l|& your home at a very low cost. I SPECIALLY PRICED 11 Kw-' L. P WJr~ CURTAIN L \ STRETCHERS I N»\ '■ L 25 llt 111 vri e F | 'r?fTri'wn i •— — : ILL..Lu.. beautiful new cretonnes L Guaranteed Wash and Sun Fast. Yard Wide. ; f \ t I Light and Dark Hack (irounds. yd. Hj|l The SchaSer Store HARDW ARE AND HOME ILRNISIIINLS

. King Carol’s I hrone Wobbles, Family to Request Abdication j*** * * * Lupescu—Depression—Communism and Army Discontent Over Pay Resuit in Decision to Seek Regency : with Prince Michael as Monarch.

' ftv TBi I l K [DOVA6EI? / wk .4T^’ 9 "wj A ”'. x w. Be Vi ’• r \ W ' Mmb Izjpescu Marshal Averescu

In a desperate attempt to stem the growing unrest in Rumania, members of the royal family have decided to ask King Carol to abdicate his throne in favor of his son, Prince Michael, according to reports going the epunds of Bucharest. The rumored decision is said to have been made at a conference in which the Dowager Queen Marie, Princess lleana, her husband, Archduke Anton, and the King and Queen of Jugoslavia participated. The conference is believed to have been the result of a recent piece of plain speaking by the veteran Marshal Alex Averescu, who commands the Rumanian Army. The Marshal, ui complaining of the nonpayment of his soldiers, drew a parallel between King Carol and a forI mer ruler of Rumania, Prince Alexander Cuza, who lost his throne by popular revolution in 1886. Prince Cuza, according to the general, was a gay blade, more devoted to wine, women and song than to affairs of State, and he suffered the penalty. Although Marshal Averescu did not mention Carol by name, his hearers interpreted his remarks as an illusion to the King's laison with Mme. Magda Lupescu, for whom Carol renounced his royal birthright, but later repented. The red-haired beauty returned to Rumania socn after Carol remounted the throne and was installed in a palatial villa sear ths capital the Lupescu art air, combined with labor troubles, the depression and the growth of Communism seems to be making Carol s place on the throne insecure. The 1 action of his family in seeking to place Prince Michael in his father's place is believed to be the only way in which the dynasty can be saved.

DECATUR DAILY DEMOCRAT WEDNESDAY, FEBRUARY 22, 1933.

COUNTY COUNCIL COMPLETES ITS EXTRA SESSION (CONTINUED FROM PAGE ONE) Blue Creek township, $1,500; Wabash township, $1,500; St. Marys township, SI,OOO. The townships will make individual levies for the payment of the bonds. The proposed issue; must have the approval of the state board of tax commissioners and action in issuing the bonds will not lie taken until the state board has passed on the matter. < The Appropriations Appropriations were made for, all of the claims, except three, i carried over from 1932. The ■ claims that were not allowed i are: County school superintendent, mileage, $75; county school superintendent deputy hire, $186; county attendance officer, balance of salary, $16.50. The funds appropriated covered: Prosecuting attorney’s ex-1 pease, $47.60; sheriff, care of in-1 sane. $82.30; county jail, expense, I $49.65; state institutions, $492.92; i legal advertising, $150; circuit court books, $25; court bailiff. $55.50: county assessor's expense. I $7.65; county infirmary supplies, $30.60; insanity and epileptic inquests, $10; circuit court riding I bailiff, sl4; city of Decatur, $11.15; court house expense. sls; I Riley Memorial hospital, sl2; i county coroner. $13.50. New Appropriations Besides striking out the appro-1 priations for a county attendance > officer and additional per dicm i for clerk in the school superintendent's office, the council reduced three of the requests for 1933 appropriations. They were: I Care of the insane, reduced from SI2OO to $800; clothing for the insane and epileptic patients, $475 to S4OO and furniture for the court | room, re iuced from SIOO to SSO. | The. appropriations allowed fol-, low: Preliminary road expenses. $180; meals for prisoners at county jail, $750; county coroner. I mileage. SSO; county coroner,! supplies, $25; county officials,! bonds. $250; special judges, $450; I prosecutor's supplies, SSO; trans-' terring of highway funds to unem-1 ployment labor funds on road q I $3,000.00. The appropriations made total. $7,021.87, of which $1,016.87 is for payment of old claims and $6,005 for 1933 expenditures. The eouncilmen signed the ordinances and docket this morning, confirming their action. No dissenting votes were cast on any appropriation or against the bond issue ordinance. — — — I 5 — The People’s Voice 1 Ii 1 This column for the use of our I i I readers who wish to make sag- | I gestions tor the general good ' I | or discuss questions of inter- I j I eat. Please sign your name to ' I show authenticity. It will not 1 I be used if you prefer that It | not be • — — ♦ The unemployed of Decatur wish | to thank the people of the Farm Bureau for the donation of food given Tuesday afternoon for di; tribution. Unemployed Committee. THREE BANDITS ROB STATIONS CONTINUED FROM PAGE ONE and I'. S. road 20 In Indiana was robbed ot S4O and a radio. Telephone wires were cut before he was abducted. The bandit car whirled back into Michigan appearing in New Buffalo at 4:45 a.m. Will Adams. 70, and his son, Morris, were on duly at a filling station there. The older man remonstrated and | was struck over the head. His injuries were not serious. The ' bandits kidnaped both men ami 1 obtained $37. The last holdup re- 1 ported was al New Carlisle. Ind. i COURTHOUSE I Real Estate Transfers Milo Trout et ux to Flora B. Trout J purl of i lots 868, 867, 866 in Deca- j tor and land in Washington town-, ship for SI.OO. bankinc; bill PASSES SENATE CONTINUED FROM PAGE ONE I opening if creditors representing RO 1 per cent of the deposits agree to I wilhdriw no more than the prescribed limit. The other three sections made effective immediately by the senate arc those; allowing a reopening of 80 per cent of the deposits arc represented in an agreement; giving the de|>arl nient us well as receivers I the power Io enforce stocklnddei s' i double liabiyiy; and authorizing llqullilaling agents of » losetl banks Io j disiHiso quickly of assets and property through public or private sale. 1 Rucelvcrships. heretofor often costly, are prohibited by Hie bill which proivdes for liquidatiou of

closed banks by the department, its ' employes would be the liquidating | agents. Two important provisions are i those prohibiting deposits to exceed I It) times the amount of capitalizeJtiou and limiting real estate invest-! , meats to 35 per cent of deposits. Only first mortgages are classed as real estate investments. Another

ON FINE QUALITY TOOLS U WE’VE BEEN HAMMERING I H M M UqO down prices so that they I ‘ KI fl JR ARE MORE THAN plain savH ' / /i \ INGS. THEY’RE AT NEW LEVELS, " | z CHISELLED DOWN TO COST. YOU NEVER SAW TOOLS SO PLUMB CHEAP. NOTE THESE VALUES! JUST A REMINDER! YY hen the weather is bad and you can not do anything else you can repair your fences, barns, sheds, screwdrivers machinery, etc., if you have the proper I A mechanic’s screw driver I with Rosewood Handles Tools are the lowest in price that they have been in many r ""common w years. Our prices are in keeping with the trend of the times. ing, pulling or solid screw K —————————————————— driver. 14 inch JACK PLANES 3 inch bit.. 10c each II Stanley patterns. Corrugated bottom—2 iluh cutting bit A Handy Tool lo smooth the rough places. <3.1 SCREW DR.VERS VzvUzMVO Yankee pattern with Rosewood handle. Nickled trim, ___________ ___ detachable bit, reversible rotation. » No. 2 BROAD AXES RATCHET BRACES o inch, speedy Priced _. 75c each ... .■ ■ , ... 10 to 12 inch sweep. Ball Bearing Size 12 inch, Specialty (.old trim with polished bits. Mead—Double Rachel. Nickel plated. Priced 85c each I t inch Hickory Handles Guaranteed to hold anv bit. Ihis is an outstanding value. SPECIALLY PRICED 75c each 98c full hatchets - — — i i . — Gold trim with polished bit. Hickory handled. An excepPERFECT HANDLE SCREW DRIVERS I tional value. S The kind that never turns in the handle. »50C etch 6 and 8- inch overall, Specially Priced at 20c 10 and 12 inch overall, Specially Priced at3oc 5 PIECE CHROMIUM ————————————— s WRENCH SETS STEEL SQUARES MEAT SAWS A 5 0 ,. d . Ever, Lvdy Ute, 1,. “square up. " Now is Save lhc on ~ur buteher X"";'..!".™.:' ™. join opportunity—Buy one ot out specially knife by buying one of our contains wrenches sizes priced squares and he “on the square.” handv f 8 in( : h Kitchen Mea t running from inch to 1 I R 24x36, Fullv Graduated on both sides to ’/» Saws Inch ' You shOuld sec th,s and V, inch graduations. ’ ' set t 0 app™*’t« value. Snecidl 44c $1.25 24 inch Butcher Meat Saws $1.25 A TWO IN ONE TOOL in and ‘See’ Our ‘Saws’ RIVETING Full Cast Steel Hatchet, with 11 inch No grammatical errors made here, jj yj ER ,S Hickory Handles. Splendid cutting use cur “saws” and know you are al- SoM ca»t steel, polished edge combined with an octagon pole ways right. No see sawing goes, they Wlth Hickory handies, guarHammer. cut to the mark—Real Saws at the te'm'Vr aaa ' nst ,laws and SPECIAL lowest prices offered in a long time. s e ,^ pe N r Oi 0 pr ; ccd at 25c ca Size No. 1, priced at 30c ca. 49c 75c to $1.50 B;-?'! ' / Firmer Polished Solid Steel Chisels2oc to 30c CLAW AND RIPPING I HAND DRILLS AUGER BITS Foraed h , Forged steel, fully polished, l 2 | i | n a ll Tl <U f Kear 'lLt’ a i V - h i l r k ’ 4 "j, 1 ! Sizes ’1 to % inches. Jen- handle, W a‘dze ey h C , tC be t || C p°olc E mate* s '™ sh ‘ nings pattern. Specially Priced gfo Splendid Values 15( . each N.. £ .. The Schafer Store I 11 ARDW AR E AND HO M E FURNISHINGS IHHBHHMHHMaHHIHOHMBMMIiMMMHMMMHMMHfIMHMiHr ■■■■■■■■■■■■■iiHnKna

I clause prohibits auy one borrower • taking an unsecured loan from obtaining more than 10 per cent of the i bank’s capitalization. i A capitalization minimum range for difference sized communities is provided. The base is that Banks in towns of less than 3,000 must be capitilized at least at $25,000 and the range runs to the $150,000 capi-

talization minimum for banks in ■ cities of 50.000 or more. Powers to remove Bink officers ior directors refusing to obey provi- | sions of the bill or rules of the department are given to the new department to be created. The department will be controlled I by a commission appointed by the ■ Governor to serve at his pleasure.

Page Five

i Thus, the governor will be in virtual control of the department. One i Banker and one building and loan - man must be appointed to the com- • mission by the governor plus as ■ many others familiar with backing and finance as he choses. A direc1 tor will be in active charge of the s department which the bill intends to be bipartisan.