Decatur Daily Democrat, Volume 31, Number 222, Decatur, Adams County, 20 September 1933 — Page 4

Page Four

DECATUR DAILY DEMOCRAT Published mR a THE Every Evo DECATUR ning Except Jfc DEMOCRAT Sunday by SLS— CO. Entered at the Decatur. Ind., Post Office as Second Class Matter. J. H. Heller... Pros, and Gon. Mgr. A. K. Holthouse Sec’y & Bus. Mgr. Dick D. Heller Vice-President Subscription Rates: Single copies _ .. $ .62 One week, by carrier .10 line year, by carrier 5.00 One month, by mail 35 Three months, by mail — 1.00 Six months, by mail 1.75 One year, by mail 3.00 One year, at office 3.00 Prices quoted are within first and second sones. Elsewhere 13.50 one year. Advertising Rates made known on Application. National Adver. Representative SCHEERER, Inc. 115 Lexington Avenue, New York 35 East Wacker Drive, Chicago. Charter Member of The Indiana League of Home Dailies. BOARD FIXES THE NEW TAX LEVIES: Tax levies, collectable next year in this county were fixed yesterday by the Adams County Tax Adjustment Board. The rates, although not as low as those applying this year, are lower than the estimates prepared and will produce, the tax board members vouch, funds sufffficient only for necessary expenses and maintenance of schools and public institutions. The Adjustment Board proceeded in a business like manner on the tax problem. No fool hardy steps were taken and no arbitrary cuts were made, they assuming that a policy of this sort would sooner or later result in taxing unit bankruptcy and higher rates in future years. With figures compiled by County Auditor Glen Cowan showing the amount of money each township and school unit would receive this year and next from state revenue, namely the intangible, excise and gross income taxes, the board had valuable information w>hich guided them in determining what a just and equitable rate would be for the respective unit. The estimated state revenue, in nearly every township, enabled the bffard to cut the levies for teacher's salaries and special school funds.. These totals wers compiled by Auditor Cowan and were based on authoriative information received from state officials. The s&te rate remains the same, 15c on the $lO6. "Adams County's rate of 65 cents, including five cents for bond fund, will produce about $141,000, although the budget totals-approxi-nmtely $147,000. Included in the county's appropriations are funds for old age pensions, the primary and general elections and voter’s registration next year. These items add to the general fixed charges aad running expense. The appropriation for old age pensions was cut from $9,000 to $7,000 by the tax board. In Decatur the total rate will Ire $3.15 on the hundred dollars. This is an increase of $1.20 over this year's rate, but nearly everyone will admit that we got by too cheap and had to pay for it sooner or later. Next year's rate will produce about $135,000 for all tax purposes, compared to a tax bill this year of $94,000. The school city will obtain approximately $39,000 from its 91cent levy, compared to the $28,000 received this year from a rate of 60 cents. The $39,000 item is a little more than half of the total of the school board's budget, the balance of income coming from state revenue, transfers and other means of revenue. Valuations of taxable property property have dropped steadily not only in this county, but throughout the country since 1920. Two years ago all property was assessed at $32,693,000. A year ago at $24,229,876, while this year it dropped to less than 22 million. As valuations drop, rates must be increased, Is an old formula, when

figuring taxes and the logic applies well to this county this year. No one appeared before the tax board and offered objections to any * of the budget items or propmMki levies. The board was sincere in its effort to adjust and lower rates 1 as much as possible ami with an eye on tomorrow, figuring that it ' would be foolish to cut rates when I the public still demanded good schools, roads ami that we were I now paying for some of the im- ] provemeuts which most everyone , either favored, petitioned for or 1 advocated in the hey days. I I ' Decatur and Adams County Legionnaires will parade up Michigan Boulevard in Chicago next month during the great American lajgion parade. The local drum corps will form the vanguard of the county delegation and the visitors and other Legion posts will know that Adams County is there. It's a fine thing to have this spirit, in keeping with Legion policy of being right to the front and always willing and proud to advertise the name of Decatur. See you in Chi. Meredith Nicholson, newly named minister to Paraguay, evidently hates to be so far away from home and away from friends, so he has decided to make a honeymoon trip of his voyage over. The famous Hoosier author and diplomat was married this afternoon to Miss Dorothy Lannon of Marion, a linguist of note and former secretary to the new minister. He is receiving congratulations from over the country. ■ The county tax board gave splendid service and did not lose a minute's time in proceeding with its important work. There was no wrangling, no fuss, just common sense and clear action. The surest bet that the so-called nudist colony in northern Indiana will close up before long is that winter is only a few months away. Other counties may still be at it ' today, but here in Adams county ’ the tax job is settled. Well, anyway, the tax adjusting business is finished in this county and that's something. —<>: Army Seeks Musicians SALT LAKE CITY, Utah (U.R)— Wanted, by Uncle Sam, anyone who can twiddle a ditty on a flute, piccolo or banjo. In a list of recruit needs by Colonel Louis R. Burges, in charge of the U. SArmy recruiting station here, specified the need for such players to take positions with army bands. o Man, 68, Plans To Start Practicing Law Austin, Tex.—(U.R)—D. E. Walsh of Fort Worth has decided to begin the practice of law at the age of 68. He recently took the state bar admittance examination here along with a group of students fresh from law school. Walsh read law as a youth. Recently he took it up again at the suggestion of a district judge. White-haired, but apparently physically fit, he expects to show a man can start professionally late in life. His has been an interesting career so far. It includes cowpunching and terms as state and federal peace officer in West Texas during its wilder days He helped develop the state's first large salt industry and was postmaster in Grand Saline for 19 years. —o— Texas Cotton Farmers To Enter Cotton School Austin, Tex.—'U.R) —Texas farmers, who have been raising cotton * as their staple crop since before f 1866, will enter cotton school June 20 to learn 'methods of ’classing and marketing their crop. > A “faculty” of experts from the ; University of Texas and the United States Department of Agriculture has been recruited to teach the > classes of ginners, buyers and farmers. Texas Woman’s Aim Good t Burnet, Tex. —(U.R) —lt developed . that Mrs. Alice Skaggs, farmer woman, could throw straighter than ’ she knew. When a big hawk, which 1 had seized a chicken serttled to the t ground after a short flight, Mrs. Kkaggs hurled a rock at the bird intending to scare it away. The » rock killed the hawk. It measured 54 inches across the wings. — o ' Get the Habit — Trade at Home

DECATUR DAILY DEMOCRAT WEDNESDAY, SEPTEMBER 20, 1933.

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BENEFITS OF THE NEW DEAL i

(Editor's Note —This is th>? fourth of a-series of articles by Representative Ludlow on "Bene-1 fits of the New Deal ')• Economists all admit that the j prosperity of agriculture ie the very basis of national well-being, j Prosperity on the farm is as much of a desideratum for the city dweller as it is for the farmer himself, because if the farmer is prosperous he can buy the products of the city stores and shops and thus make work for his city cousins. This is axiomatic, but it is important. So : in looking out well for the farmer the new deal is performing an equally fine service for the city j resident. There are two distinct > set-ups in the new deal organization to help the farmer. One is the Agricultural Credit Administration | and the other is the Agricultural | Adjustment Administration. The, Agricultural Credit Administration is provided with a fund of $2,200.000 to help the farmers of America by making loans ou their farms.; Loans on more than $5,000 are! made through the Federal Land Banks, of whkli there are twelv.. I Loans up to $5,000 are made! through the agents of the Farm I oan Commissioner, of whom there' also are twelve, one connected with i each land baat. Land eomnr s - acr' loans may be made is secon mortgages and hr approved cases the! Federal Government will lo:i on long-time easy terms as much as 7c per cent of the appraised value cf farms. The f, t ion of the Farm Adjustment Administration is to I raise farm prices by controlling j production. Cotton farmers arei compensated at the average rate of sl2 per acre for land withheld from cultivation. Wheat farmers will be compensated at a rate of 28 to 30 epnts per bushel for voluntary reduction of wheat yield, based on certain rules and averages. As a result of this legislation and i the favorable situation created by j it farmers already are receiving the : benefit of large advances in the prices of farm products. For the city home owners, to help them 'keep and pay tor their homes, the new deal has established the Home Owners’ Loan Corporation to assist in problems of home refinancing and to make direct loans on city homes up to a maximum of $14,000. If you are a resident of Indiana and ill fate is about to inflict upon ’ you one of the heavieste of all blows that can come to any good and devoted citizen —the loss of your home, "the dearest spot on earth.” —you should take your problem to £. Kirk McKinney at Indianapolis or if you cannot find it convenient to go to the State Capita.!, you should lose no time in writing to him. He is the State Manager of the Home Loan Corporation. . He is not only a good citizen who has the interests of the public at l heart but he also is a real estate ! man. with many years’ experience , In dealing with home finance problems. H« is thoroughly familiar I with the new law by which the , Federal Government reaches out I its hand to protect home (owners from -the grim misfortune of foreclosures. Tell your troubles to him , freely and frankly. He will listen

sympathetically and if there is a i , way to help you he will find the i I way. Congress has provided a fund | of $230,000,000 to come to the r» s-, cue of citizens who are facing fore- : closure proceedings, the loans to, |be confined exclusively to home) owners in financial distress and about to lose their homes. That is : a relief fund of the first magnitude, j not so much in the appropriated perhaps, although it is a goodly sum. as in the joy and hap-1 piuess it will bring to many deserv- i , Ing families that are now feeling' the bitterness of the worst distress , that can come to home-loving people. the distress incident to the-loss ■ of their homes, with all of the laceration of affections and endearing ’ memories which such a tragedy! | connotes. Will it not be a comfortable feel- j , ing to Mr. John O. Citizen, the O ' standing for Ordinary, to know that ■ when he makes a deposit in the bank after January 1 next there, ; will tbe no way on earth whereby j I be can lose that money? Will it i not be conducive to sound slum- i i ber if he realizes that whenever he ■ j gets ready to draw his money out i i of the bank, be it soon or late, the; ' paying teller will be ready without I a moment's notice to pay him every j I dollar—every cent? Well, that is! i part of the new deal. On January 1 ■ rrext bank deposits will be guaranteed up to $2,500. 4f John Ordinary Citizen should suddenly become prosperous and affluent so that his bank deposit would exceed $2,500 | he would still be in ludk, for on j July 1 next the limit of guarantee ! J to each depositor will b- increased! from $2,500 to SIO,OOO. Ct he should | become extra prosperous he will I find that all of his deposits above! SIO,OOO up to $50,000 are. guaran-1 teed to the extent of 75 per cent. I and if he becomes tremendously] prosperous and has deposits in ex-! ' cess of $50,000 he will be pleased . ' to T_arn that there is a 50 per cent I guarantee on deposits above $50,-. ,: 000 and over. It is enough for him ! I to know that there will be a full I , 100 per cent guarantee of deposits up to SIO,OOO. This will be made possible by an assessment on the banks not exceeding in any in- , stanoe one half of one per cent on the total amount of their deposits ] How sad it is to reflect that all 1 . over this country there are washwomen, day laborers, widows and ‘ others equally deserving who have ] lost their savings in defunct banks dnd who would have been spared f this tragic experience if the new deal had been in existence. . I Likewise the manv victims of . fake stock issues will find protect tion in the new securities law, . which is a lesser feature but still . an important part of the new deal. . This law throws the limelight on all stock Issues. Before any new , securities can be marketed on apt! plication for registration must be ? made to the Federal Trade ComB | mission and a prospectus must be i. submitted, together with other inr! formation describing the proposed e issu's and what is back of it to t give it substance and value. The s statement is always, open to the public and the act makes it illegal „ , to send securities through the mails n jor in interstate commerce until the

! registration statement is filed. If I the Federal Trade Commission is ' not satisfied with the evidence of I good faith and soundness of an ofj sering of stock it may issue a stop ! order against the sake of the eecur- > ities. If such a law as this had been in existence in recent years thou- ; sands who have been vietimized by worthless stocks might have been j spared that embittering experience. : At any rat? the investor who here- . after chooses to put his money in . securities will do so with his eyes ‘ open, for this new law supplements 1 the ancient maxim "Let the buyer i beware” with a new doctrine, "Let ' the seller beware." 'lt makes the vendor of a security put all of his cards on the table, so the investor may decide for himselef whether or not the security offered is sound and worth the price. This is a real step forward in the direction of ' honest practice. One of President Roosevelt's 1 characteristics, which endears him ' to me, and which finds expression in so many ways and places throughout the new deal, is his solicitude for the lommau man. ft is shown by his determioatioa that i those who deposit their money in 1 banks shall be protected to the last cent and that sharks who in the past have reap'd rich harvests by peddling worthless securities shall I no longer prey on innocent inves- ! tors. The President's righteous indig- , nation was aroused by the disclosures that startled the country when the Senate Committee was investigating the House of Morgan. Some well-meaning friends of the President sought to impress upon him that he should use his influI ence to put an “nd to this inquiry ] into th» dealings of great and pow i erful financial institutions, lest such revelations might rock the I foundations of national confidencand cause a panic, but the President was determined that these j gre-at financiers, who had been j playing ducks and drakes with the l faith of the people, must put their . houses in order. He not only refus I '3d to suppress the investigation but i urg“d that it be extended to all financial octopuses that needed a cleaning. His reply, in substance, was: , “Let the investigation go on. Bring out everything and cover up nothing!" Knowing the power these superfinanciers are able to exert <1 consider this one of the President's most courageous acts. It shows he does not know the meaning of the I word fear. ———. ——o Curfew Cannon Silent VANCOUVER, B. C. (U.R> -Van- . couver's historic old curfew can- , non is no more. Economy has ; forced the dominion to eliminate . the $1,200 appropriation to buy i powder for the weapon, which r for 40 years had closed each day . promptly at 9 p. m. > • —o New Bounties Offered . HARRISBURG, Pa. <U.R) — A - bounty of five cents for each crow I i and 25 cents for each copperhead, >. or rattlesnake, will be paid by the » L. S. L. Sportsmen's Association s of Franklin county, according to 1, an announcement. s a—- > Get the Habit — Trade at Home I

* Answers To Test Questions Below «.* the Answers to Tost Queetlous Printod on Page Two. • 1. Cliosea. 2. Two hills on the opposite aides of the Straits of Gibraltar. 3. Thomas Jefferson. 4. Baltimore, Md. 5. A small tailless breed ot d°K6. Through the Alps between Switzerland and Italy. 7. Principal Babylmi diet)'. 8. Andrew Johnson. 9. German Philosopher. 10. John the Baptist. f ANSWER* TO INQUIRieS y. Reports from various NRA boards report that barbers say they "are being forced to raise price" by their local associations "in order to remain in business." A. There is nothing iu the President's reemployment agreement requiring employers to subscribe to local agreements regarding price fixing. Until barbers come under the general barbers' code they may continue with old prices, provided there is no violation of paragraph 9 of NRA “to refrain from taking ; profiteering advantage of the public” and "in setting price increases to give full weight to probable increases in sales volume." <J. 1 am a laundry man. We were closed down on iaibor Day and now are working employees 9 hours per day to make up lost time, but shall not work them more than 45 hours per week. Does this vio ate the approved laundry substitution? A. Yes. Employees are not to be worked ou legal holidays. 1) Can a chamber of commerce approve a petition for a stay when a permanent code has been approved? A. No. Q. Must students working in a barber college and serving the public as part of their training be paid the minimum wage? A. Yes; if that custom was fol ] lowed prior to June 16, date of approval of NRA. on commission basis but not otherwise. Q. A person wishes to become a ] court reporter, but, as there is no advanced course open in local business school, he agrees to serve in a lawyer's office. Is he a student or an employee? A. Employee. If employer cannot observe hour and wage provisions. he should petition for exceptions. Q. My wife and I run a small auto repair shop in town of less than 1,000, and we hire an apprentice to help us. He is 25, married, and we pay him $3 per week. Can we work him more than the maxi-

BUY A KITCHEN TABLE AT ANY OF THESE PRICES AND YOU HAVE MADE A GOOD BUY As low as $3.75, full size and well made. A joy in any kitchen. $6.00 will buy a Beautiful Stain-proof Steel Enameled Top Table. Many colors to select from. $7.25 and $7.75 you can buy the Best Tables in our stock. And they are sure beautiful. Many colors. BREAKFAST sets 11 ft, fi A *"■- ~ 11 Hnim .y _ * 11 hMM }t r? * ‘ * i ■' w ra ® t A Splendid Assortment of Kitchen Sets. Table and 4 Chairs to match. Pritees to meet your views and pocketbook. FURNITURE DEPARTMENT—-2nd FLOOR The Schafer Store HARDWARE AND HOME FURNISHINGS

Bulbs For Your Spring Garden W Now is the time to think of your fall planting of I)Hrdv . JK your spring garden next year. Spring -flowering bulbs ?if the most satisfactory garden flowers, because, no matter condition of the soil may b«'. rk'h or poor, clayey or praetii iiily certain to produce blooms as the embryo flowem 7 r.artv formed in th- bulbs when pi.uiled. ' Our Washington Bureau has ready for you a new bulletin.. election, planting and flowering of bulbs hym intbs. tulm« cissus. The bulletin will tell you about design-bedding, tr,..' •‘Wj bulbs after flowering, perennial garden or mixed flower planting, and contains iulormation on the Individual requfrZ’M of all kinds of bulbs. If you are Interested fin the appearance of your nnrat.. spring, you will need this information now. Fill o ut the luu , low and mail as directed. CLIP COUPON HERE ■ Dept. 252. Washington Bureau, Dscatur Democrat, 1322 New York Avenue. Washington, D. C. 1 want a copy of the bulletin BULB CULTURE, and herewith five cents in coin (carefully wrapped) to cover postage and handling costs; N A M E- ... STREET A No- S' CITY STATE ■ 1 am a reader of the Decatur, Ind., Daily Democrat.

mum hours allowed in NRA? A. Yes, towns of under 2.506 do I not have to observe the maximum- | hour provision, but you must raise the pay of your apprentice not less I than 26 per cent. Q. How many hoars may I work ' carpenters per day in my shop? A. Maximum <>t eight per day. i The President's agreement, reads: "The undersigned agrees with the President (par. 3) not to employ any factory or mechanical worker or artisan more than a maximum week of 35 hours until December] 31. 1933. liut with the right to work a maximum week of 40 hours for any six weeks within this period ' and not to employ any worker more I than eight hours in any one day.” f Q. In an industry having two; groups of manufacturers, one sell-] ing direct, the other to retailers,: may each group formulate codes?! A. Yes. but NRA will coordinate them ‘under a single code, if passible. o * Household Scrapbook ROBERTA LEE ♦ ♦ Tough Meat There are several ways to overcome tough meat. It can be made tender b sufficient pounding, by slow cooking and also by laying it for a few minutes in vinegar water. Stains on Ivory Stains on ivory can be removed by rubbing with a cut lemon dipped in table salt. o . Childish Fears Children are bom afraid of onlytwo things—loud sounds and falling.

TWEvn \r3B AGO TODAY ■ From the Dally DemocratF||, IK I First frost is pi ted night. John Everett lia. , n-:r» i-ov red with '■ u . . Figures are pia, • M this afternoon. Peter Conter is lali.-.l : , ion, O. by death of n-pbew 1 Brandt. "H dem Steigmeyii returns H | Bloomington. ■ Mrs. David Waconer and | leaves for extend-<: -<>r. thnaiH Ohio. ■ Little Frances ( j s ' ing with a broken arm. ■ Mr. and Mrs Joseph Anl- - Addie Byrie ar .:. <":n< iting the Ross Aii<l:.>v- tair.iij.B Frances Gast of Lima. Ohio iaH guest of the Will Hr ■ famCy.H Mrs. D. D Heller eatertaias B | dinner tor the J W Tyndal! taafl and Miss Clara Williams of hH j Wayne. ■ PYROIL BULLEM Prominent Decatur Physid® and Surgeon says I’yrnil a<i(M ■ his oil and gas saves money uB creates finer engine pt rtorniancß (Dr's, name on request.) ■ Try this super lubricant in yofl car— the results will both surpriO and deiight you. ■ Jot full information wriiroraß J. I). BAKER. Distributor at The Tavern. 127 N. 3rd st., Decatur, IM.