Decatur Daily Democrat, Volume 36, Number 303, Decatur, Adams County, 24 December 1938 — Page 4

PAGE FOUR

DAILY DEMOCRAT DECATUR Published Every Evening Except Sunday by THC DECATUR DEMOCRAT CO. Incorporated ■■ Mitered at the Decatur, Ind. Poet Office as Second Claes Matter I. H- Heller-Preaident &. R. Holthouse, Sec y. & Bus. Mgr. Uck D. Helb Vice-President — Subscription Ratea: Single copies —.02 One week, by carrier .10 One 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 Due year, at office— — 3.00 Prices quoted are within a radius of 100 miles- Elsewhere |3.50 one year. Advertising Rates made known on Application. National Adver. Representative SCHEERER * CO. 15 Lexington Avenue, New York 35 East Wacker Drive, Chicago Charter Member of The Indiana League of Home Dailies A Merrie, Merry Christmas. Try not to eat too much but of i course if you do, there is always the old baking soda glass to turn ‘ to. —__ Shopping days for Christmas of 1938 close with this afternoon and evening unless we start again with 365. You can still get in on a Christmas Saving club and the money thus saved will be convenient I about December Ist next. Hope every one in Adams county enjoys the big double holiday. It's Christmas time and should be the happiest part of the year. Listen tor the jingle bells tonight when old Santa goes whizzing over the roof and the tops of trees. That new tone you hear will be the laughs of million of children joining in. While enjoying your Christmas holiday it may be a good time to | be thinking up your New Year| resolutions. Let’s plan to make 1939 the best year Decatur and Adams county ever enjoyed. One of the real thrills of the school dedication was the presentation of the American flag by Adams Post of the American Legion, represented by Vincent J. Bor-, maim. It was well done and a part of the program that taught ales-; son truly patriotic. Eighteen applicants Imve tiled and will take the examination to be postmaster for the city of Decatur. They are all well known and copetent and will give their best. Os course but one can win out and the attitude of each will no doubt be to smile and congratulate the winner. — A very important part of any I school in this modern day is its ■ musical organization and the girl's i band, under Mr. Sellemeyer and the Glee Club under Miss Hanbold ’ demonstrated the excellent qualifications of the department with ! their program at the school dedication Thursday evening. Mayor Edward J. Kelly of Chi-1 cage has announced he will be a j candidate for re-election and served notice on any who contemplate to oppose him that he will fight to the limit any “campaign of defamation.” Dwight Green who convicted Capone and Big Bill Thompson wants the Republican nomination. The safe guess at this time is that Kelly will win. He is active, capable and popular. Gifts to several hundred children are being delivered today by the Delta Theta Tau and others of the Good Eellows club and the youngsters will have as happy a Christmas as funds will permit. While the total this year did not reach that of former years, it was distributed io best advantage possible,

, a big job and an Important one. We hope every pout boy and girl in the community will have a Merry Christmas. i R. Earl Peters, administrator of | the Federal Housing for Indiana, got a thrill when he attended the ' dedication services here for it ! brought back memories of forty ) years ago when he was one of the I boys who worried over examinations and wished for vacation ' (lays to come. He saw a great difference between the school house I of today and those he attended in his childhood. Earl has many < friends here and as was stated by j Mr. Fuhrman did much towards i aiding in getting through the grant ’ which made possible the handsome | new ediface. Storm sewers which will prevent the flooding of streets, basements, homes, during heavy rains ’ are important and in a growing city like Decatur become almost a necessity. They would relieve the other sewers and in numerous ways improve conditions. WPA , projects are necessary in order i that labor may be employed and i there are few things to be done ' that would be of such lasting bene--1 fit and would aid so much. The new administration will have this ! problem and will, we are sure, do their best to meet public needs I and demands. Harry L. Hopkins has been appointed secretary of commerce to ■ succeed Daniel C. Roper who re-! signed recently. The appoint-1 I meats taken by some to mean that Hopkins is being boosted by Presi-! dent Roosevelt as the nominee for preseident, but its quite probable , Ihe was selected because of his ability and his loyalty to the Roosevelt program. That he is brilliant and capable is not denied even by | those who would “knock" him, politically and he will serve this' new and important position with a competence that should make him many new friends. Governor Townsend, who believes January Ist the wrong time I j for buying license plates, has extended the time limit to March i Ist, an act that will no doubt be appreciated by thousands. At this time of the year the average car ! owner is bothered about Christ-' mas and holiday bills and it will ibe much easier to pay in two months. The extension will also 1 ease up the rush at the various l bureaus. It Ts expected that a bill will be presented early in the I coming legislative session to fix the time for changing plates at July Ist, as there is considerable favorable agitation along that I line. Floyd I. McMurray in his address at the dedication of Deca- : tur’s new school house, talked ' about "Everybody's Business" disi closing some interesting facts ’ ' about the schools of the state and j ■ the wonderful improvements made during the past half century. We | have gone a long ways from the i little red school house to the mod- | eri, structures of today and the, 1 children of the next decade will, have much greater opportunity to ’ prepare themselves for useful lives than did those of a few | ! years ago. However there is one ' thing that is no different and that ■ is the desire and the determination of the student to prepare himself. o • • Answers To Test Questions Below are the answers to the Test Questions printed on Page Two ♦ 1. Le Havre. 2. Department of Commerce. 3. 1916. 4. 4 ft. inches. 5. .Mediteranean Sea. 6. Louis XIV. 7. D. Eng. 8. Herpetology. 9. Iceland. 10. A confused, unintelligible speech; gibberisho Trade In A Good Toms — Decatur

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BUSINESS OUTLOOK ' (CONTINUED FROM PAGE ONE) currently at the highest level since 1936. However, the banks have in general followed conservative policies in adding to their investment holdings. According to studies made by the Investment Research bureau a' Indiana University 'hey have adhered to relatively high standards of quality in selecting new securities. There has aiso been a general tendency to increase the proportion if securities of short maturity in bank portfolios iu order to reduce the risk of price depreciation in event of a rise in interest rates Despite recent relatively favorable developments, the banks are still confronted with a difficult problem of providing adequate banking service to their communities and at the same time earn ing a reasonable return on invested capital. Good business loans are still very scarce. At the same time yields on security investments ate extremely low and bank operating expenses remain relatively high. The earnings problem is. however merely a manifestation of the much more serious and fundamental problem of readjusting the banking system to changed coadi tions in the country's economic system Our banking system was developed primarily as a mechanism for providing short-term, preferably self-liquidating, loans to

As Surviving Musica Brothers Were Arraigned

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While the government organized its investigation into the financial deals of the Musica brothers, who headed the $87,000,000 McKesson & Hcbbins drug firm, the three surviving members of the notorious quartet of brothers, left to right, George, Arthur and Robert, appeared in federal court m

DECATUR DAILY DEMOCRAT SATURDAY, DECEMBER 21, 1938.

"COMING EVENTS-!"

business and agriculture. In the' last two decades the need for loans of this type has steadilv diminished as the financial needs of business have changed and as other methods of financing tnose needs have developed. Today the' average bank is able to employ but a very small fraction of its, total resources in loans of the “old fashioned” type. The p'incipai reaction of the banks to this change in loan de-; mand has been to shift their’ funds into securities and the result has been to create new and; difficult problems both for bank' managements and for bank supervisory authorities. Both are still wrestling with these problems. Meanwhile there has been a great deal of nubile agitation for banks to make loans of a longer-term character than has been customary; to supply business with capital needed for ordinary operations over a period of years rather 1 than temporary loans for a few months. The bankers, however, > are acutely aware of the fact that the bulk of their deposits are pay-j able on demand and that even on' time deposits their notice of; withdrawal may be short. Nat-| tirally, they are averse to tieing up depositors’ funds in such a j manner that they will not be! available when needed. Thus, the commercial bankers! are confronted with a serious \ dilemma. The type of loans they: are organized to make and which are consistent with the nature of, their deposit liabilities are not ini sufficient demand to support the

George, Arthur and Robert Musica in New York court

' average Dank. Both the need for earnings and the pressure of public agita'ion urges them in the direction of long term loans for 1 capital purposes, but as they move in this direction they jeopardize ! their liq’iidity. How these conflicts eventually will be resolved, !no one can predict accurately. Pet haps the most encouraging ■ aspect ot the matter is that the ' commercial bankers in general are alert to the nature of their problem and are seeking vigorously to work out their salvation. 0 r TWENTY YEARS * AGO TODAY | From the Daily Democrat File Dec. 24- —H. L. Confer and F. E. France, co-chairman for the Red Cross membership drive for Adams county, announced a total of 5638 in , county with 3-200 iu the city of Decatur. Newt Rex writes from Belgium where he is with the 146th infantry. Horace Mills, secretary of the Martin-Klepper Co. and manager of i the Huntington branch, d’es from ! influenza. Paul Graham writes from Ger- | man prison camp under date of October 14thj E. B. Lenhart elected superintendent of the Methodist Sunday ■ school. Seven Decatur homes quarantiu- . c.d today on account of flu. Otto Kirsch is improved from a 1 seige of influenza.

New York for arraignment on charges of grand larceny and forgery. George masqueraded as George Dietrich, Arthur as George Vemard and Robert as Robert Dietrich. The other brother, Philip, was ”F. Donald Coster," president ot the company. He committed suicide.

Christmas Toys cm KEENE, N. H.—This community is toyland each Christmas season as workers in the toy factories rush to put last-minute touches on miniature locomotives, automobiles—and even auto trailers! American Turkey Has Foreign Name You’ll eat your turkey and like it this Christmas, but do you know where this festive bird got its name? The turkey is the only species of poultry native to this country. Its name is attributed by some to its call notes, “turk-turk-turk”; others believe that its head ornaments, resembling the fez worn by natives of Turkey, gave rise to its name. Another explanation is seen in the fact that the first turkeys from America were sold in Spain, largely by Hebrew merchants. Since the bird was frequently confused with the peacock, it is said that the Hebrew traders called it “tukki,” their name for the peacock. With the widespread use of this name in English, it easily became the present "turkey.” Christmas Celebration Dates Back to 354 A.D., Roman Records Show The earliest celebration of the birth of Christ December 25 of each year, took pl ce in the Fourth century, and the custom spread from the western to the eastern church. Before that date the commemoration of Christ's nativity and baptism took place January 6. First mention of Christmas is found in a Roman document known as the “Philocalian calendar,” in the year 354, and the first English celebration of the festival was in 598, when St. Augustine baptized 10,000 converts. In 567. the Council of Tours, France, declared a 12-day festival from Christmas to Epiphany and later, from 991 to 1016, the laws of Ethelred ordained that all strife should cease at Christmas. In Germany, Christmas was established in 813 by the Synod of Mainz, and in Norway by King Hakon the Good, in 950. Colorado Town Revives Ritual Os Log Burning DALMER LAKE, COLO.—Resi- * dents of this high-perched town on the great Divide celebrate their modern Christmas in an old-fash-ioned way, by burning the traditional yule log Each year the log is secretly cut, notched and tied with hempen cord, hidden among the trees and rocks awaiting the finder to whom goes the honor of dragging it into town. Last year for the first time Palmer Lake burned its yule log in the town hall, where local firemen built a huge stone fireplace wide enough to accommodate a four-foot log Previously the celebration was held in a private home where fewer guests could be accommodated. The hunt for the yule log starts at 1 p. m., when all participants are summoned by a bugle to meet in front ot the hall. The yule log has a colorful history. in Scandinavia, where Thor, the god of thunder, was worshiped, great log fires were built along the rocky shores both at mid-summer and mid-winter in order to propitiate him for his rumbling wrath. When the early fathers substituted the feast of the Nativity for that of Mithra, the Persian sun god who was worshiped on December 25 in early Rome, a different note crept in. Yule-tide became a time for feuds to cease. In England, before the Reformation. bringing in the yule log was an important part of the Christmas festivities. The community usually gathered in the hall of the lord of the manor, where the log was kindled with due ceremony and all partook in the wassail cup, a sweet cider flavored with fruits and spices.

THIS UNIVERSE OFOPhs The Earth, set in the midst of a few plansta tn, millions of Stars similar to the Sun; and manv th " e!!; like musses of matter called "Nebulae " snresd of tl doub distance In a space of Incalculable extent 1 oVer * IrJ known Universe. The science which deal- with , < l 0 ‘ 1 ' lll “ks bodies la Astronomy, the oldest and most exact nt . *»®av e The booklet "Popular Astronomy,” tells In slmni ,cl * nw ’ language the story of the Universe, and t'xnlamS th’* Mer,tai >4t terms. Everybody should know the elementary ‘! slr, »nom omy. Send the coupon below (enclosing a dime) for y*w "" -- CLIP COUPON HERE F. M. Kerby, Director, Dept. B-170, Dally Democrat's Service Bureau, 1013 Thirteenth Street, Washington, D. C Enclosed is a dime (for return postage and other h.,„, for my copy of the 34-page bound booklet, "Popular Astrono' NAME .-a STREET and No. CITY STATE I am a reader of the Decatur Daily Democrat. Decatur, i n «""*

♦ —0 Modern Etiquette By ROBERTA LEE '♦ ♦ ' Q. How many cards should a caller leave when the hostess is not at home? A. A card should be left for each woman in the home. Q. 'How should one answer an inviation for a visit at a friend's home? A. By an informal, intimate letter in the same form as the invitation was given. Q. When a girl wears a street length dress for dancing at night, should she wear a hat? A. Yes. 0 — - Household Scrapbook By Roberta Lee New Gloves Care should be used when putting on new gloves for the first ' time. Don’t put them on in a hurry. Even if you do succeed iu getting them on without splitting, they will never fit as well as when care is used, stretching the kid gently to conform with the lines of the ' hands. Frosting Cakes Be sure to have your cakes free from loose crumbs when frosting them. In smoothing the icing use a spatula, which should be frequently dipped into warm water. Wire Brush A discarded wire hair brush proves very effective for removing

F. D. R. at Jefferson Shrine

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Albert Clyde-Burton and President Roosevelt President Roosevelt participates in the ground-breaking ceremons for the Thomas Jefferson memorial in Washington and is being shown the spade used to break ground for other memo including the Lincoln memorial and Arlington memorial wiug Albert Clyde-Burton of the national capital parks service n i-

Heiress Weds Tin Plate Scio

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Gloria Baker and Henry Topping, JrWedding of Gloria Balter, New York glamor gul Bea c Henry Topping, Jr., sportsman and ttn plate gWW F'a., tops winter society events. Hm two are

hair and dirt from the brusa 0 » I c *' «*’ weeper and the drv Santa Cruz. Cal. T he M<M ! ’’Stand Up and Fight" here i ing the local hospital. In one 1 , noon one iboy player wu bltte ■ * dog. and two women ten I horses In a fox-hunting necessitating hospitalization 0 three. '♦ | TODAY'S COMMON ERRQ Do not say. "I would as l 0 I go as stay;’’ say, " ag wiUtji ♦ ROY S. JOHNSO AUCTIONEER Book your Hie early. Trust Co. Bldg. j Phone 104 Phone 105 .! Dec. 29—Frank Radenbanj mile north and % miles eas Payne, Ohio. Jan. 4—A. L. Raudenbaugh, mile north, % mile east 0! Pa Ohio. Jan. 7—Henry L. Moore, on Point Road. 5 miles southwei Fort Wayne. Jan. 11—Gunt Felver, sout Rockford. Jan. 12 —Mrs. Nedlyn Raridt miles east of Harlan, Indiana. ; Jan. 23—Ernst Merica and ter Heirs. 2 miles east and in of Decatur. Jan. 26 — Lewis McMullen, mile north and 2'j miles eas Ossian.