Decatur Daily Democrat, Volume 61, Number 47, Decatur, Adams County, 25 February 1963 — Page 4

PAGE FOUR

DECATUR DAILY DEMOCRAT Published Every Evening Except Sunday by THE DECATUR DEMOCRAT CO., INC. Entered at the Decatur, Ind., Post Office as Second Class Matter Dick D, Heber, Jr. President John G. Heller Vice President Chas. E. Halthouse Secretary-Treasurer Hkußk Theodore F. Graliker Banking Anniversary On February 25, 1868, the national currency act was passed, providing for a national currency, and stabilizing the U.S. financial picture. ’ The centennial of this act, which laid the foundation for our present dual system of commercial banking, will be celebrated the remainder of this year. Here in Decatur, banking is represented by the First State Bank, and when people today think of the First State Bank, they think of Theodore F. Graliker, genial president, who has been with the local bank for 52 years. When Mr. Graliker left Decatur, 111., in 1911, and came to our Decatur, he was young and a bachelor. He settled down on First street with the Mrs. Dolly Durkin family. „ At that time the bank was called the First National Bank, was located in the Dugan building, where Goodin’s Market was located until recently, in the center of the block where the bank now stands. In 1911 there were just five employes, and Mr. Graliker was one of the tellers working under P. W. Smith, who had succeeded Dr. T. T. Dorwin as president; Dr. Dorwin was the bank’s founding president, in 1883, 80 years ago. Today, there are 30 employes at the First State Bank. In 1911, the bank was caitalized at $120,000; today, its capital is $1,200,000, ten times as much. At that time, it averaged assets of IfcOtyiOO, and once hit a million dollars, considered really something! Today it averaged well over S2O million in assets. » Times have changed, but the First State Bank has remained a strong pillar of the community. In 1930 it became a state bank; in 1938 it moved to its present location, and has twice remodeled, in 1945-6, and in 1960-1. 2 Decatur is quite proud of its fine bank, and its fine bank president, Mr. Theodore F. Griliker.

TV PROGRAMS

Central Daylight Time

WANE-TV Channel 15 MONDAY «itßg 8:00 —Bachelor Father B:3o— Early Evening News B:4B—Walter Cronkite — News 7:oo—Guestward Ho 7:80—To Tell the Truth 8:00—I’Ve Got A Secret , B:Bo— Lucille Ball 9:oo—Danny Thomas • 9:Bo—Andy Griffith 10:00—Loretta Young Show 10:80—Stump the Stars 11:00—Late News : — 11:15—Sports 11:80 —Award Theater u TUESDAY 7Js—f>aily Word 7:80 —Bob Carlin — News 7:2s—College of the Air 7:55—80b Carlin—News B:oo—Captain Kangaroo 9:oo—Debbie Draks. — 9:30 —-Divorce Court 10:30—I Love Lucy 11:00—The McCoys UJO —Pete and Gladys Afteraeea 12:00 Love of Life 12:25 CBS News 12:30 Search for Tomorrow 12:45 Guiding Light .1:00 Ann Colone Show 1:25 News 1:30 As the World Turns 2100 Password 8:25 CBS News 3:30 The Millionaire 4:oo—Secret Storm 4130 —Edge of Night 5:00 —Jack Powell Show Father 6 JO—Early Evening News B:4s— Walter Cronkite — News 7:oo—SugarFoot 8:00 —Lloyd Bridges Show 8:30 —Red Skelton Show 9:30 —Jack Benny 10:00—Garry Moore 11:00 —Late News 11:15 —Sports 11:20 —Award Theater WKJG-TV Channol 13 MONDAY 8:15 —Oateeway to Sports B:2s—News — Jack Gray 8:40 —The Weatherman 8:45 — Huntley-Brinkley Report 7:oo—Sea Hunt 7:30 —Monday Night Movie 9:Bo—Art Linkletter Show 19:00—David Brinkley’s Journal 10:30 —Biography 11:00 —N«wi 4k Weather 11:15 —Sports Today 11:20 —Tonight Show TUESDAY 8-30—American Goverment 7:00— Today Show 9:oo—Engineer John •’s=Bl3uv k . By 10:0© —Bay When Yew*HvMk

11:0#—The Price is Right 11: SO—Concentration 12:00—News 12:10—Weatherman 12:15—Wayne Rothgeb Show 13:30—Truth or Consequences 12:55—News X:oo—Best of Groucho I:3o—Your First Impression 2:oo—Merv Griffin Show 2:SS—NBC News S:oo—Loretta Young Show 3:3o—Young- Dr. Malone 4:oo—Match Game 4:2S—NBC News 4:3o—Make Room for Daddy 5:00—Bozo The Clown wreain* s:4s—December Bride s:ls—Gatesway to Sports 6:3s—Jack Gray — News 6:4o—The Weatherman 6:46—Huntley-Brinkley Report 7:oo—The Deputy 7:3o—Laramie B:3o—Empire ■- - ■ o:3o—Dick Powell Show 10:30—Chet Huntley Reporting 11:00—News and Weather 11:15—Sports Today 11:30—Tonight Show WPTA-TV Channel 21 gOKDat Bvealmg 6:00—6 P.M. Report 6:ls—Ron Cochran —■ News B:3o—Quick Draw McCraw 7:00—“I Search for Adventure” 7:30 The Dakotas B:3o—Rifleman 9:oo—Victor Borge Special 10:00 —Ben Casey 11:00—ABC News 11:10—What’s the Weather 11:15—Hong Kong tukAiay Morning 9:oo—Fun Time 9:3o—The Jack LaLanne Show 10:00—Mom's Morning Movie 11:00—Jane Wyman 11:30—Yours for a Song Afternoon 12:00—21 Noon Report 1-2:30 Father Knows Best 1:00 Tennessee Ernie Ford 1:30 My Little Margie 2:00 Day In Court 2:24—Alex Drier News 2:30 —Seven Keys 3'9o—Queen for a Day 3:3o—Who Do You Truer 4:00 American Bandstand 4:3o—Discovery '63 4:ss—American Newsstand 5:00—-Mickey Mouse Club >s:3o —Superman ? P.M. Report 6:ls—Ron Cochran — News I:3o—Yogi Bear 7:00 —Zoorarta 7:3o—Combat B:3o—Hawllan Eye 9:30—Untouchables 10:30—Edie Adams Special 11:00—ABC News 11:10—What's the Weather 11:15—Islanders ADAMS In Search of the Castaways 7:15, 9:10.

PROCLAMATION! WHEREAS the year 1963 marks the centennial of the approval by President Lincoln of the National Currency Act on February 25, 1863; and , WHEREAS the national Currency Act led to the establishment of a system of National banks chartered by and operated under the supervision of the Federal Government and charged with the responsibility of issuing a new National Currency; and WHEREAS this was the beginning of hte “Dual Banking System” which for a a century has been an important factor in the economic growth and productivity of the United States; and WHEREAS this dual system of Nationally chartered and State chartered commercial banks conceived and functioning • in the spirit pf competitive enterprise, has provided the credit necessary to keep our economy vital, has contributed greatly to the survival and strengthening of the Nation in times of crisit, and stands today as a symbol of our country’s present strength and furture capabilities; and WHEREAS it is appropriate that the centennial of the approval of the National Currency Act be to commem- ’ orate the significance of the establishment of our Dual Banking System; NOW, THEREFORE, I, Donald F. Gage, Mayor of Decatur, Indiana do hereby proclaim the period from February 25, 1963, December 31, 1963, as the Centennial of the Dual Banking System of the United States. I urge the people of Decatur to join with representatives of our banking institutions in activities and ceremonies designed to pay tribute to the contribution which our Dual Banking System has made to the economic, social, and cultural lives of the people of this community. IN WITNESS WHEREOF, I have hereunto set my hand and caused the Seal of the City of Decatur to be affixed. Done at the City of Decatur this 25th day of February in the year of our Lord nineteen hundred and sixtythree. DONALD F. GAGE, Mayor

Only Minor Damage In Eight Wrecks Heavy snowfall causes slippery streets, and slippery streets cause accidents—of which Decatur had plenty over the past weekend. Beginning shortly before noon Saturday, a total of eight accidents were either investigated by the police or reported to them, with only minor damage resulting in all. The heaviest amount of damage resulted in a mishap at 9:34 p.m. Saturday in which one driver was arrested. Charles Herbert Magley, 19. 1029 N. Second St., was westbound on Monroe street and as he turned left onto Eleventh St., his auto struck the front of a parked car owned by Audrie White, 1021 W. Monroe St. The parked car, which suffered $75 damage, was on the east side of the street, facing north. Magley’s auto received an estimated $l5O damage. Magley was arrested for reckless driving and appeared in city court this morning. Two Involved Nearly S2OO damage resulted from a mishap at 3:30 p. m. Saturday at the intersection of Jefferson and Second streets. A car driven by Charles David Rhoades, 32, of 817 Russell St., was struck in the rear by the auto operated by Robert William Duff,' 49, of Fort Wayne. Both were northbound on Second St., and Rhoades was hit as he slowed at the Jefferson St., intersection. Damages were estimated at SIOO to the Duff car and $75 to the Rhoades machine. The same type of accident occurred at Monroe and Second streets at 10:10 p. m. Sunday, when a car driven by Kenneth W. Selking, route 2, Decatur, struck the rear of an auto driven by Harold P. Deßolt, 20, route 5, Decatur. Both autos were eastbound on Monroe street, and damages were estimated at $25 to Deßolt’s car and $5 to the Selking vehicle. Hie series of weekend mishaps began at 10:32 a. m. Saturday at Monroe and Second street, with the slippery pavement the main cause of a two-car wreck. Darrell Keith Deaton, 19, 216 S. 18th St., was westbound on Madison street in a pick-up truck, and was unable to stop at the intersection as the truck slid into a northbound car on Second St. operated by Marion Edwin Baxter, 26, route 4, Decatur. The car was the only vehicle damaged, an estimated $45. Car-Truck A car was damaged in a twovehicle crash Saturday at 2:25 p. m. A truck driven by Charles Hosier, Jr., 34, route 3, Decatur, struck a car driven by Jo Ann Baumann, 22 , 828 N. 12th St. Hosier was pulling out of the Ryder Truck Rental lot and was unable to stop to avoid striking the Baumann car, which had turned off Washington St. onto Tenth St. The car suffered an estimated SIOO damage. A city sign was knocked down, an estimated $5 damage, when struck by a car driven by James J. Voglewede, 29, 946 Dierkes St., Saturday at 3:15 p. m. Voglewede had turned off Second street onto Central Ave., when his auto, vyhich was not damaged, slid into the street sign. In a reported accident, cars driven by David Allen Currie, 18, route 6. Decatur, and R. V. Hall, of Roanoke, suffered only slight damage. Both were southbound on Mercer Ave., and Surrie’s car slid into the rear of the Hall auto near the Rugg street intersection. Cars owned by Doyle C. Cillier, Homestead 43, and Nola Faye Meyer, route 4, Decatur, suffered only slight damage in an accident Sunday at the intersection of Monroe and Second Sts« The mishap was reported to the city police and no further details were given.

fIUI DBCATUB DAILY DSMOCRAT, DBCATUB, DTOHAMA

New Rationing Inflicted On Cuban People HAVANA (UPD—Premier Fidel Castro, speaking a few hours after the announcement of new rationing measures, today predicted better times ahead for the Cuban people. “What we have now are the fruits of the past,” Castro said in an address to a medical congress attended largely by delegates from Russia, the Soviet satellites and Communist China. “One day we shall reap the fruits of the present.” Castro’s two-hour speech in the Charlie Chaplin Theater—his second in two days—was one of the mildest in some time and included only a few attacks on American “imperialists” and-pro-Amer-ican president of Venezuela, Romulo Betancourt. The Cuban government announced Sunday that rationing of clothing and clothing materials would begin Tuesday. Food, shoes and gasoline already are rationed in Cuba. The government’s Consolidated Products Enterprise (CPE) announced in the official press that the rationing is necessary to insure “that the workers and people can purchase clothing in a just and equitable manner, avoiding speculation and hoarding.” Castro said in a speech that ended early today that capitalism is on its way out. _ “In 50 or 100 or 300 years—we cannot say how many—nobody will-.be capable of arguing about capitalism as it is defended today,” Castro said. “The same thing happened with feudalism. Today nobody argues about feudalism or defends it. “What right do the imperialists have to try to destroy the work of a people whose only crime is to want to progress and advance?” he asked. “They talk of alliance for progress but they have not been able to eliminate illiteracy or polio in any Latin American country. They have been unable to do anything.”

RUPTURE TRUSS FITTER COMIMG Give yourself comfort and relief without an old-fashioned type TRUSS. If your -rupture comes out when your truss is off, then you must be wearing the wrong kind of truss. See the NEW revolutionary hernia control plan. It is a marvelous invention for rupture treatment. Prevents rupture from becoming larger. Holds like your hand. Will control hernia. Use when bathing, get rid of rupture trouble as quickly as possible. Has NO BELTS to cut—NO STRAPS to bind, which may cause numbness of the legs. No bulbs to push in and enlarge. You owe it to yourself to try the Sutherland. For many types of rupture or hernia. If you desire results which you have never thought possible; then do not overlook this opportunity. Come in on date below. Free consultation. TRUSS FITTER WILL BE IN THE RICE HOTEL, DECATUR, ON WEDNESDAY, FEB. 27th., 16 A. M. TO 1 P. M. MY 19th YEAR OF FITTINGS. MAILING ADDRESS, 7816 E. St. Joe, INDIANAPOLIS.

Taxes Chief Concern Os State Assembly

This was a bad week for the Indiana legislature, and for Indiana. But with only two weeks left in the session, it might have been worse — at best it was on dead center. At stake were not only the state’s tax structure but its whole economy, its direction and future for perhaps years to come. Intelligent, thinking people close to the seat of government were saying the state could go forward or slip back—even, in time, to the status of West Virginia — but it couldn’t stand still. With every good intention of trying to solve the state’s financial problems, the House Republican leadership proposed a 3% sales tax, only to have it shot down by fellow Republicans in the Senate. The House Ways and Means committee refused to be sidetracked and at weeks-end recommended the measure for passage over the unanimous objection of Democrat members of the committee. “You can be sure ot won’t pass the senate, at least at 3%,” insisted the powerful Republican Caucus chairman of the Senate, Roy Conrad (Monticello). Perhaps it was significant that for the first time he refused to say the tax was dead. But even Republican State Chairman, H. Dale Brown, entered the fray and called the proposal a “helluva mistake.” As if this weren’t enough, the flu struck down 9 members of the House, thus destroying the Republican working majority and bringing the legislative process virtually to a halt. Frantically, tax afficials could be seen in close huddles endeavoring to patch together a tax program acceptable to everyone. What couldn’t be patched together in two weeks was a course of action for the state’s entire economy. Gov. Welsh had made an admirable start when he appointed eu Economic Task Force headed by. Dr. H. Herman B. Wells, Chancellor of Indiana University. But what any Governor needed —Democrat or Republican—was a permanent body of economic advisers—business, farm, labor leaders, tax experts, educators, clergymen — to meet regularly with him to hammer out state policy and seek public support for that policy. There was also uninformed, loose talk. One prominent Senator rose to attack the proposed Indiana port at Burns Ditch by saying the state would realize only $610,000 per year on its investment of $25 million, and take over 50 years to pay for itself. A little simple arithmetic—using basic figures provided by the U. S. Chamber of Commerce—showed otherwise. Additional gross income tax collections resulting from the 35,000 new jobs created by just the two steel mills planned to build there alone would amount to $3% million to the state each year. Therefore, the port would pay for itself in 7 years, not 50. And Lt. Gov. Ristine has estimated these new jobs will total 100,000 in time. Thus, under consideration was not just a port, bat an- entire new city, one-third the size of Indianapolis at its inception and perhaps in time even larger. “The warning signs are out,”

NOW is the Time To TOP-DRESS Your Wheat with Baugh's 28% Liquid Nitrogen Solution. We will also sow your grass seed with our TRACTOR - MOUNTED SEEDER while top-dressing your wheatl Contact er call your Baugh Representative: .. Leroy Bulmahn, Raymond Hockemeyer R. R. 2, Decatur, Ind. R. R. 2, Monroeville Phone Preble 15 on 22. Phone Hoagland 87-W Eugene Bulmahn . Walter Hildebrand R. R. 2, Decatur, Ind. R. R. 2, Decatur, Ind. Phone 3-9106 Phone Preble 15 on 38.

TASKS ©L taxes” TAXES by WHtam L. Fortuna Mr. Fortune reports weekly for this ! paper on tax matters In the General Assembly. Ho Is a tax consultant, | and a former State Legislator and i Treasurer at State for Indiana. t Dr. Wells told me recently in Bloomington in taking a long look ahead at Indiana’s economy. “Perhaps it’s not so bad right now, but we could slip badly in 10 years if something isn't done.” Others were saying the same thing in a different way. Unless we get more plants in Indiana (especially* those related to the spage age), we will have less and less income to tax and higher and higher taxes for each individual, according to another member of the Task Force, Howard Ward, Treasurer of Ball Bros., Muncie. What he didn’t say was that today you can count on one hand the number of really progressive industries in the research field in the state and less than that number that are participating to any extent in the space age field — the field of missiles and space craft. Yet each year for the next 5 years, every person in Indiana will contribute S2O to the lunar landing program for a total contribution of $470 million. At the present rate of Indiana’s progress, only a small fraction of that sum will come back to the state. Even Purdue’s engineering graduates were leaving the state. Today there are more of them working in one plant on the west coast than in all of Indiana. And some of our old-line, home-owned industries like P. R. Mallory Co. and Ball Bros, have found it more suitable to establish new research laboratories out of the state. “We’ve been too complacent,” top Republican and Democrat leaders agree. We've been living off our "fat”—the “fat” of an economy tied to the so-called hard goods industry — the manufaceure goods industry — the manufacture sets. But for 8 years that economy has been slipping in relation to the rest of the country, while the eastern and western seaboards have captured the new electronic, computer, space-age industries. Particularly discouraging in this bad week for Indiana is a survey made by one of our most prominet nd forward-looking industries. In looking for a new plant location in the state, they found that the people themselves didn’t want it—they didn't want the inconvenience, the cost of new sewers, new streets, and they feared the competition of new people coming into town looking for jobs. And while we sleep, Boston banks are advertising for our business In national magazines ottering financial assistance to new research facilities that will locate in their area.

Modern Etiquette By Roberta Lee Q. How long a time should properly elapse before answering a letter? A. Os course, prompt replies are the surest and most interesting way of handling correspondence — but if you’re TOO prompt, it can put. a strain upon the other person. Perhaps setting aside an evenng every week or two for social correspondence is advisable, in order

IHMKI M||i a- i OLD MAN RIVER’S MIGHTY LOW — Army Engineers dredge works to keep the ship channel open at St. Louis, Mo., during what would normally be a high-water period. Toughest winter in many years has contributed to a water scarcity in the Mississippi Basin.

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-MONDAY. FEBRUARY

to space your letters so that they are neither a boomerang nor a stale accumulation of a couple of months* activities. Q. Is a person really obligated to give his reason for declining an invitattoaf A. Although not exactly obligatory, a logical reason does have a way of softening a refusal of this kind. Q. When a businessman asks another man to lunch, who gives the order to the waitess? A. Each man gives his own order.