Decatur Daily Democrat, Volume 31, Number 58, Decatur, Adams County, 9 March 1933 — Page 2

Page Two

CLASSIFIED ' ADVERTISEMENTS, BUSINESS CARDS, I AND NOTICES I FOR SALE J'OR SALE — Narraganset Turkey Tom. Herman Scheumaun Decatur R 1. 57-3tx ■ FOR SALE —One 2 year old pure bred Du roc Male liog. Inquire W. A. Whitten barger 5 miles north east of Decatur. 58-3 t FORRENT FOR RENT—Six room all modern house 927 Walnut St. sls a month. Phone 666 58-3tx FOR RENT —South side of modern duplek. opposite Court House. Possession given April 1. A. D. SuUlet_ agent. 58g-3t ' “ " 0~~~ e—>——— WANTED WANTED —Furnished 4 to 6 room house or apartment, modern for young couple by March 16 Good ■ neighborhood. Write to box O. N.. ‘o Democrat office. 57g-3t' WANTED —Person who picked up purse containing rings and bills ■ is knot'll. Return everything to I this office at once or legal action ■ will be taken. 56-3 t i —— o LOST AND FOUND LOST •— Holman Bible; Finder i please phone 548 or notify this I office. 58-3tx I; o | ( COURTHOUSE Real Estate Transfers James E. Murphy et ux to Helen I E. Eady part of outlot 67 in Decatur j for SI.OO Helen Eady to Catherine Murphy i part of outlot 67 in Decatur for' SI.OO. New Cases Samuel Barger vs. Nina C. Rep- 1 pert, Clarence Reppert and J. J. Koi-! merton, notes. Peter D. Schwartz vs. Martha Elizabeth Moser quiet title. o— Anderson Public Schools To Reopen Anderson, Ind.. Mar. 9—(URIAH of Anderson's public schools closed because of a student strike, will be reopened March 13 under la newly appointed school board. The former board was dissolved ; by action of the legislature after students protested conditions which resulted in Anderson s suspension from the Indiana High School Athletic association. The strikers, all pupils in the high school, demanded the resignation of J L Thalman. as principal and Everett Case as coach Anderson was suspended shortly before, the sectional tournaments. Layden To Assist iaifayette, Ind . Mar. 9.—(U.R) —I Elmer Layden, one of tiie •'Four | illorsemen’’ of Notre Dame and foot-1 ball coach at Duquesne University, has been added to the staff of instructors at the second annual football clinic here March 24 and 25. it was annetmeed today by Coach Noble Kizer of Purdue, Layden will also speak before u coaches' banquet the night of March 24. The Boilermaker squad, in spring practice, will run through signals aud plays for the visiting coaches. * — o Seek SIOO,OOO Loan Andprson, Ind., March 9— Aid of Gov. Paul V. McNutt in 8«‘taring a RtHonwt ruction Finance Corporation loan so. Madison (OUUdt was sought today by Albert ilupp, county auditor. TheJ money would be used to retire, poor relief claims of $1112,000 against the county, now held by grocers, Hupp said. Mrs. A. A. Kist visited her mothMnj. Burdg hete last evening. *' -T O MHEttIW In ItlnniM Circuit < Mate Indinna < ’awae Number I 1117 2he Mutual Benefit Life Jnsur- < mnp;yiy, a »-*>rp<>rathn». VS, Om ar J Wry unmarried.. Indiana Pipe Lin* C<dim;yiy, a corporation, I he Peoples State ,l)ank, a corporation. Vilas Btu ry„ ■By yirlue of an order of sale to im? direetr.i and delivered from the ,of the Adams Circuit Court in the above entitled cause. I h»v« levied upon and will expose to sale au< tin, ‘ at the Court House IWur. east enframe first floor said Cvjjnty, between the hours nf 10 oo o’clock A. M. and 1:00 o’clock P. M ou Saturday the 25 th day of March Arl» 1*33, the < cuts and profits fur a><4ertn not exceeding seven years outhe following described real estate TO-Wit: The Southwest quarter of the Southeast quarter of Section lf>, hi .Uhuns founty. Indiana. Anil on failure to realise therefrom the Tull iwoiint of the Judgment and inter-* <art thereon ami coetK,, I will at the sdfnc time and in the manner aforesaid offer for sale the fee simple of 11iv tI»ov»‘ described real estate. Taken us the property of Owar ’’Wrry. immarled. Indiana pipe line ciMßipany. a corporation, The Peoples state Bunk, a «-<irpomli«»ii. Vilas Barry, at the suit ot The Mutual Benefit Life insurance Company a corpora Hun. Said Sale will tnj made without relief whatever from valuation op-Appraisement Laws. Burl Johnson, Sheriff .kdunwi county, Indiana Nathan .Nelson, Attorney. March 2-9-16

MARKETREPORTS DAILY REPORT OF LOCAL AND FOREIGN MARKETS BERNE MARKET Corrected .March 9 No commission and no yardage. 150 to 220 pounds $3.50 2» to 250 pounds $3.35 250 to -300 pounds $3.25 300 to 350 pounds $,1.10 100 to 150 pounds $2 80-$3 Roughs $2-$2.25 Slags .. SI.OO Vealers $6.25 Lambs . $5.00 INDIANAPOLIS LIVESTOCK Indianapolis, March 9 — (UP) — Hogs 5000, holdovers 1149; 160 lbs. up mostly 10c off; under weights steady; 160-250 lbs. 385-390; fewsmall lots 395 ; 250-3<M) lbs. 375-380; 300 lbs. up 360-370; 140-160 lbs. 365-375; 100-140 lbs. 325-355; pack ing sows 250-325. Cattle 400; Calves 500; slaughter [classes little changed; most steers 1375-475; few yearlings up to 575; some heifers 325-450; small lot 5; ;beef cows 225-3; low cutters and I cutters 150-225. Sheep 1000; laiinbs undeveloped I asking steady; bulk yesterday 6. LOCAL grain market Corrected Feb. 20 I No. 1 New Wheat, 60 lbs. or better _ 4 le 'No. 2 New Wheat 581 gs 40c 'Oats i3c i Soy Beans 40<.No. 3. Old White Corn 20c No. 3 Old Yellow Corn 26c I New Yellow Corn _ 22c Rye 25c CERMAK’S BODY LIES IN STATE ■ Continued from page one • » » • = »»♦«. was open for business. I “The county treasurer's office i remains open for the collection <;f i taxes, said Treasurer Joseph B. j McDonough. 'Mayor f’ermak ■ would approve, rfis last concern as he lay dying was for the unpaid school teachers and city and county employes. He would not want to interfere now that he is gone I from us.” All other city and county offices and counts were closed. Mayor Cerniak is the first to lie in state in the city and county building since 1914 when the body ojja. marine killed trying to rescue ah Amerjtwn flag at the siege of V era tires was thus honored. The same dark bunting was hung again after 19 years, in accordance with Cermak's policy of holding all expense of the city to a minimum. Five hundred policemen wearing white gloves were commissioned to form a living corridor in the building through which citizens could pass. The catafalque was placed in ' the rotunda where two main cori 1 idors of the city and county I buildin pass. CouiKless times j Cerniak had strode across the spot, at times happy over new I acclaim, at others harassed by the problems of the city. All escort of democratic leaders, the same that conducted the body yesterday from a funeral Jraln to his southwest side home, gathered early today for another procession to tile city hall. At 10 a. m. tomorrow. a vast funeral pageant will procede from the city hall to the stadium for public, nonsectarian services. Gov. Henry Horner will deliver tin eulogy and there will be hetm- . dictions by a Methodist minister. | a Catholic priest and a Jewish I Rabbi. Burial will be in the family mausoleum, alongside the body of Mary Cerniak. the wife who died five years ago. Then- will be Bohemian and Masonic services rat the grave. o NOTICE Blank Policies Nos. 562 and 575 inclusive of the Detroit Fire At Marine Insurance Company. Detroit, Michigan, in the hands of i former agent Adam C. Biitelir-r at Decatur. Indiana, have been lost or mislaid and the issuance of same has not been auiliorized either by Mr. Butrher or the Com--1 pauy. Anyone holding policy bearj ing one 01 these numlters should, ; in order to protect his interest, communicate immediately with ’ the Detroit Fire & Marine Insur t ance Company, 625 Shelby street, Detroit. Michigan. 9-ls. 23

S . E . BL A C K Funeral Director It in a comfort to know that when the time comes for the last farewell the last rites can safely be entrusted to us. 500—Phones—727 Lady Asst. Ambulance Service N. A. BIXLER OPTOMERIST Eyes Examined, Glasses tilted. HOURS 8:30 to 11:30 12:30 to 5:00 Sat'inlays, 8:00 p m Telenhnne 135.

j THIMBLE THEATER NOW SHOWING—“THE LONESOME MONARCH” BY SEQ> Tgot me ft” SWELLISLAHD fPoPEVe BOUGHT THftT OLOI VDft SUJCftREO I HEftRD OF ft VftCftbiTj ft PftlftCE. BUT I ftiNT GOT UtWWXBITED iSLftHDOFMine SUMPIN -l bUSPOSE IT WAS SURE GETS7/ J V ( V’URt IMSHT XSbFb Ck i! f? | er ■■■■ I S —-«rT- JsS-P’-W®*

Men's Glee Club At L ocal Church Sunday ' I; < - ’ * .-M ak » -fc-k 2 S 'w c

♦_o i I I Test Your Knowledge i '1 | Can you answer seven of these 1 | test question? Turn to page j' Four for the answers. «2 4 1 1. If a Vice-President shcceeds I to the Presidency, who becomes l 1 Vice-President?' 2. In what, country is Blarney Cas- 1 1 tie? 3. Name the capital of North Da-1 1 kola. j 1 4. What form of government has i Switzerland? 5. In what stale are the Black 1 Hills? 6. What is "Log rowing” in legis- 1 lature? 7. What is a Hoi ionym? 8. in what year “as James M. Cox the Democratic nominee foV i President? 9. Name the highest court of New I York State. 10. Who wrote rhe plav, ulamc ! X?” ! — 1. What and where is Lhasa? 2. What is copra? 3. For what offense was Jack | Johnson, the prize fighter, im-i 1 prisoned? 4. In geology, what is the ' Liassic i 1 series ?” 5. Has the federal government '' jurisdiction over the New York i Stock Exchange? 6. To what country do the Turtle! Islands belong? 7. In what year was the first fed-L oral census taken? 8. What legislative bodies grant I. city chapters? 9. Where are the Andes moun tains? 10. W.iere is the Copper River? THREE BILLION DOLLARS TO BE ISSUBDI 1 C<>NTINI ED b'ROM PAGE ONE ••••••••••••„| ing its efforts to force gold back; into the hands of the federal re J serve banks to increase Hie reserv-l es for new currency. The board in i an apparent campaign against gold ; hoarders aske<f reserve banks to! report next week the names of all; persons wbo have witMlrawu gold since February 1. President Roovell's bank holiday; procUmntion expires tuiiiglit *1 midnigiit. It probably will be ex- . tended in essential particulars. Then as fast as banks are ready to' do business, they presumably will be authorized to reopi n fully. However. the mechanics of this pari of the program were indefinite early today. The treasury department bus de-* elded not to antliorize general is-■ I sue of scrip. It was feared that ! a motley colleetln of hs.il print ing press currencies would spring up to create confusion. Some I<h-.ul-! itfen, however, are going ahead 1 with their own scrip issues. No bank guarantee will be attempted now. Proposals to open! postal savings batiks to checking deposits ulso were abandoned. If successful, the new federal reserve money should start a wave * of nation-wide buying. Rising prices • and a quick pick-up in busines.. are anticlpateil. If this develops, officials foresee a prompt passing of tip- crisis with a rapid turnover which once under way would permit Ihe contraction of tlm emergency currency back to normal proport ions. \ I In effect. President Roosevelt is latlempting a blood transfusion. With a fresh supply ot circulating

DECATUR DAILY DEMOCRAT THURSDAY, MARCH 9. 1933.

medium, the restoration is expected to follow naturally. It is a daring program, but in line with President Roosevelt's inaugural pledge nf immediate action to provide adequate but sound currency. So far as is now known, no new kind of money is contemplated. There would be merely more of the familiar federal reserve notes —the usual green backed paper' money which forms the bulk of everyday currencv. Dozens of teehnicql questions are i involved in this process of overnight expanding of the nations' supply of money. Bankers find them complicated enough. To the layman they are even more difficult to understand. Roughly, the president’s plan I would expand currency mainly un!der present federal reserve restricitions. , Cttrren.j would be issued against l liquid assets of sound bands. State I [banks could join in circulation of. | tliis currency upon certification by I state examining boards. ■ Fuiidaineiilally. the additional |mouey would be issubd under the' I elastic provisions of the federal re- i serve system. These were planned jto meet such stringencies. They: permit currency to be added to or 1 I contracted as needed by business. Banks take short-term coinmer[cial uaiier on which they have made i loans to business men — it must ■mature within 90 d?ys —to their! i federal reserve bank anil get paper money for it. l‘ut many banks! 'have long since put up all such [short-time paper they have. For them provision of the Glassi Steagau act are available. They, can take long-term paper such as' real estate mortgages, bonds, prom-; issory notes and the like which! normally a federal reserve bank would not look at. and get paper j money for it. As the law now 'stands, city banks can do this only, 'when at least five of them group j together to pool such long-term ; paper. And the approval of thei | federal reserve board is required .in each case. Banks in iso'ated; !communities may act alone. Now it is proposed to amend the i law so that any individual bank! [may apply alone, because a weak' .bank, tie- veiy one that needs ;u.h< [help, cannot persuade a stronger! ; neighbor bank to po>) n th it. Also! the law may he changed to requirei that such pap r he accepted by leileral reserve banks without ob[laining the approval of the board! at Washington. Such changes would open up ave nues for passing out possibly an-' other sl.(iiifi,(H>o,(M'o IB) of currency. Nearly another sl.io>o,noo,ooo <];, Icould be issued against governIrnent bonds under the home loun 'act. i Tints there is ample nturgjn in the federal currency system to per- • mil rapid issuance of a vast stream iof additionul money. The problem is to get It into cirjeolation, and to prevent it from i following the path of several billion dollars into the hiding places of tiie hoarders. Here is where the controlled in- ■ ination psychology may serve a i'useful purpose. Inflation normally 1 means rising prices. Wholesalers, •jobbers, and canny lionsebolders '!all rush to buy as much as they •jean when inllation is anticipated. ■ j That is simply good business. They ■ 'skim off prolits on the turnover. .'Trade volume inert aww. Money J changes hands with tncrcas'ng i rapidity. Shortlv the entire gait . :of business has speeded up. ; i Then, if the Inflation be well con-

trolled, the brakes can be applied (gradually as conditions require. If ' the whole process is successful, the expanded currency is drawn in. Normal healthy conditions are 'then restored. I This, at any rate, is the objectlive of any controlled inflation. It is what a growing school of economists have advocated for at least two years during the depress ion. Tiie previous administration stood adamant against it. Even conservative Democrats opposed it. thief among them was Senator [Carter Glass. Deni., Va. He breathed fire and brimstone at the faintlest suggestion of inflation. But as the hands of the clock in the White House moved toward midnight last night, he and his follow legislators were gradually won I by the persuasive powers of Presi.dent Roosevelt. Senator Glass 'walked out across the White House .portico into tiie raw night ready 'to back the president in his de'termination to undertake a blood | transfusion for American business. | President l>'o>.;ri ri.t had woiioier his most dangerous potential op ponent. Senator Glass left the White House ready to lead the fight. That, for the new president. ■ was perhaps his most significant achievement. It foreshadowed a ■ quick melting of opposition — and ‘ action.

BILLS SIGNED BY GOVERNOR continued fuom page one jit provides that taxes may be paid by check even though the checks Icanuot be cashed immediately, it I will jrevent delinquencies. ! The utilities bill gives municipal lities the right to remove their utiljities completely from control of the public service commission. In addition, it gives them the right to purchase, lease or construct utilities, paying for them out of the I earnings. The bill places greater, .restrictions on privately owned' i utilities. Other bills signed by the governor yesterday provide as follows: Annual tax of $1 per ton oil the 'tare weight of trucks operate for • hire. , Annua! 50 cent automobile drivers ! license fee. Permit ting taxing units to issue; tax warrants, bearing four per cent interest, in tint lei put ion of collect ing delinquent t ixes. ' Requiring dealers in gasoline io iP'.iy the state tax upon receipt rath er than on sale . i Transferring the motor vehicle theft fund to the state general .fund. ' Abolishing the state board of i finance and transferring its powers I ’ml duties to Hie new department II if treasury. Creating a state commission on i [ poor relief and appropriating sl. lUUU.OtHi from the state general fund -to meet poor relief emergencies, i Giving the governor powt r to re- .' move township trustees who are ;'derelict In their duty of handling I poor relief. Requiring applicants -[for poor relief to sign affidavits l showing they are needy. f I Reidjitsting and reducing, in .iiuosf cases, .salaries of county r ‘ prosecutors. r i Reducing from 85 to 31 the lee . [required for fishing with nets. y; Authorizing cities to Ixirrow ■.[funds from the Reconstruction i j Finance Corporation or from other -‘tianrccs for construction of self t : liquidating sewage disposal plants. Placing supervision and control i-: of small loan companies under the OWWWS..: . -miv-Z

newly created state department of, finance, limiting interest rate on j loans temporarily to 3'4 per cent a month up to $l5O and 2tj per) cent op loans if more than $l5O. i Giving township trustees pewer I io employ poor investigators at ai salary not to exceed $4 a day. I o PLEADS GUILTY TO SLAYING OF CHICAGO MAYOR CONTINUED FROM PAGE ONE murdering Cermak. Questioning of Zangara was , on- 1 dt'eted by States Attorney N. .’er-! non Hawthorne of Dade county,! who also conducted prosecution! iquestioning of the witnesses. ‘ “Could you identify this man?'’ Jlaivthorne asked Armor, the first ' witness. A—“ Yes, right there,'' pointing to Zangara. Q “How far were you and be from Mr. Roosevelt?” A "Thirty feet '' Armour was cross examined by Lewes M. Twyman, chief ot defense counsel. Q—“ Were you seated or standing?” A "Sitting on the same bench, bitt a woman was between us. I ■ didn't notice him until the shooting.” (Tiie woman was Mrs. W. F.

Usually.. THERE IS A W AY OUT OF OUR TROUBLES. REGARDLESS OF THE STATE OF OUR MINI). WE ARE MAKING MANY TRADES and SWAPS HORSES for MANURE SPREADERS and H ARNESS ( OWS foi STOVES and FENCE HOGS for Cream Separators and Washing Machines. If you me in need of anything in our store anti have no cash come in and let’s talk it over. I rom all indications our splendid President Franklin I). Roosevelt is more than a distant cousin of Theodore Roosevelt. He intends to use the himself * he f ndS 11 netesbary an(l he doesn’t hesitate to declare The Schafer Store HARDWARE AND HOME FURNISHINGS ————l■ 1

[Cross. Miami, who grappled with (the assassin, spoiling his aim at the president-elect.) j Armour arose to reenact the | shooting, showing how Zangara • stretched his arm above the crowd I to shoot. “I caught Lis ar.n and pushed it ; upward, but he bent his wrist and i continued shooting,'' the witness ; said. Zangara chuckled when Twyman asked Armour "Why didn't you pump on him and stomp him

I PUBLIC SALE COMMUNITY AUCTION SALE Decatur. Indiana j SATURDAY, March 11th LIVE STOCK OF ALL KINDS FARM MACHINERY AND MISCELLANEOUS. If you have anything you want to turn into cash bring it to this sale. Decatur Community Sales Johnson. Doehrnian, Sirahir. and Isch, auctioneers.

down?” , I’i-'i” Herlong. st,. ll( , srill , hw of the examination ~f Zan gari jter the shooting, and ~f hisq U -st 'ing by Sheriff Dan Hardie, I At the examination, Mi ss |S>aid, Zangara talked freely ! there were ru threat... ma( | e During the testimony, the psi |er seemed (ar niure interested ithe telegraph instruments inm jately behind him. thai, ii, t | le t mony which all beliei,-q would, [ him to the electric chair. o — FRIENDS HONOR CONGRESSMJ [ CONTINUED FROM PAGE u| (Ralph E. Adams and .l,,hn Mum Included in tie list of honoil I’alll'carers are Sen. Amur Robinson, former S,■::. '■■■■ h> !!fs | Watson, former Governor Harry ilarslie. former governor Warrtu [McCriy, Sen. Frederick Van Xi Gov. Paul V. McNutt, H. 0. Ba jhardt. Rochester. 1' ■ '■ ■ Ww, C. Elliott, of Purdue L'niveial [Walter Riley, Gary, William (Aleer. Hininioid; Sam lie! Boys. | 'mouth; Robert Hillis. Sr.. Lota port; James .1. Barnes, John Mott. Warsaw; Judge Ra McClure, Montiielln: George Baxter, Alfred C. E« Bloomington; James Fleming.C jj. W. Hildebrand, Plymouth, i Hugh B. Holmia, Roihester. I 0 — Get the Habit — Trad* a ««