Daily Democrat, Volume 5, Number 41, Decatur, Adams County, 16 February 1907 — Page 1
Volume V
A PERRIUS SPEECH Before Joint Committee of Legislature 0N PUBLIC DEPOSITORY LAW Suggestions by Well Known Banker for a Law Covering Custody of Public Moneys. Indianapolis, Feb. 16.—According to members of the legislature who have heard the remarks of President John Perrin of the American National bank, Indianapolis, on the enactment of a public depository law. Mr. Perrin in his .-■.iggesticfes repeatedly hit the nail squarely on the head. With the life insurance question out of the way the depository question comes uppermost in, importance in present legislation. Publication of Mr. Perrin's suggestions at this time is therefore apt. Mr. Perrin said: •In framing a law covering the cus. tody of public moneys there are three principal considerations: 1. Commerce should be free from disturbance on acocunt of withdrawal of money from the channels of trade. 2. There should be ample safeguards against loss. 3. Business principles and not political manipulation should control. • The collections of public moneys throughout the state aggregate approximately thirty million dollars each near, a total equal to the combined capital of all state and national banks in Indiana. It is the present law that all moneys collected on behalf of the state shall be held in the vaults of the treasurer. If the same law applied to all public funds, and the year’s collections were made at one time, it would require a sum equal to more than twice the amount of money now held as reserve by the national and state banks in Indiana. Obviously such a method would paralyze the coriTmerce of the state. It does not seem open to question, therefore, that public moneys should be currently deposited from day to day i» desigated depository banks. If all banks were always solvent, no need for special security would exist, and that would be the ideal condition. It is stated that during the past fifteen years the losses to depositors by reason of the failure of state and national banks in Indiana have amounted to only one-twentieth of one per cent per annum, this period Including the disastrous years of 1893 and 1896, so fatal to banks. The problem is to provide the best method of protection against even this loss." After going thoroughly into the problem of the best securities and explaining the danger of bonds, mortgage loans, personal, guaranty, surety company securities, and competi. tive bids for public deposits, Mr. Per. rin concluded his remarks as follows: “A public depository law therefore should include the following provisions: • ”1. All public moneys from what, ever source derived should be currently deposited from day to day in designated depository banks, being distributed among -them as equitably as practicable; and should be withdrawn only for public purposes by official check. “2. All banks receiving such public moneys on deposit should credit interest thereon at a uniform rate. “3. In lieu of all other security for deposits of public moneys, and besides the interest paid thereon, depository banks should make additional payments not exceeding a specified rate per annum on such deposits to create and maintain an adequate guaranty fund, out of which should be paid all losses of public moneys by reason of the failure of depository banks.’’ the senate becomes earnest A Half Dozen Statesmen in the Oratorical Contest. (Scripps-Mcßae Special ) Indianapolis, Feb. 16.—The hottest session of the senate in years was the one of today when Democrats. Republicans and anti-Hanlys clashed in arguments on the Farber anti-trust biRed hot speeches and personathrusts were made by Kinibro’uSlack. Farber and others and th* discussion was finally continued Tuesday after several hours debate.
The Daily Democrat.
TOMORROW IS CHINESE XMAS Also New Year's Day and Occasion for Great Feasting. Tomorrow is the Chinese New Year. It also corresponds to the Christmas of the Christians, and the Chinese all over the country are preparing for the event. Their year dates from the beginning of the Chinese emperor’s reign. He got the job on the 17th of February, which act saved the Chinese New Year from falling on St. Patrick’s day by the healthy margin of 28 days. On fiis new year the Chinamen not only “swears off" and pays all debts, but makes presents and sets feasts. The feasting lasts sometimes two weeks, and there Is so much festivity that the event becomes quite noticeable to the Melican people in such cities as New' York, 'Frisco and Chicago, where there are large Chinese colonies. The swear.off consists of not smoking on the holiday, and the abstinence is strictly observed. The Chinaman frankly does not pretend to swear off for a whole year or forever. Printed News Year’s greetings are passed about from friend to friend paper prayers are burned for the dead in the joss houses; every household has lichee nuts, preserved ginger, chop suey and other dainties on the board for callers, and fireworks are exploded outdoors. SECURESAPRIZE Miss Margaret Mills Receives a Draft FOR SOLVING PUZZLE PROBLEM Check Sent Her From Story &. Clack Piano Dealer, Calls for Sum of $72.91. Miss Margaret Mills, daughter of Mr. and Mrs. F. V. Mills, is about the happiest girl in Decatur just at present, and in fact, she has a perfect right to feel so. Several weeks ago she read an advertisement in the Chicago Record-Herald, for the Story &. Clark piano company of Chicago. The notice included a puzzle with offers of cash prizes for the correct solution. Miss Margaret immediately began work, solved the rebus and following the instructions sent her answer to the company. Yesterday she received a letter stating that she was one of the lucky prize winners, and enclosing a check tor $72.91. Margaret had not dreamed of any. thing so good and had almost forgotten the puzzle and her parents didn’t even know she had sent in her answer. No wonder the little Miss feels like dancing a few clogs every hour or so. o PORTLAND EAGLES ARE COMING And Will Assist in Instituting an Aerie Here. The Jay Aerie of Eagles is in receipt of a communication from Decatur. inviting their present in the Adams county capital city on Thursday j night, February 21st, at which time 1 a new aerie of the order will be instituted. Owing to the date being that of the regular meeting night of . the lodge in this city, the officers here cannot go, but several members ■ have signified their intention to ati tend and it is quite likely that Jay ; Aerie will be well represented. The i new lodge promist s to be a large one as it starts with a membership of nearly one hundred, there being several residents of Decatur who are already members of the order, and will lend their aid in helping the newly made “birds” to fly—Portland Sun. MRS. ROCKEFELLER IS BETTER Scripps-Mcßae Special. New York, Feb. 16.—The condi;ion of Mrs. John D. Rockefeller, ‘ wh .se husband received $6,000,000 on | ms standard Oil stock, is some imnroved today. She has been quite I sick.
Decatur, Indiana, Saturday Evening February 16, 1907.
A NEW CONCERN Keller Incubator Company Organized LOCATE IN LUCKEY BUILDING Incorporate and Elect Officers—Will Begin Business Next Week—A Bright Future. The latest business enterprise launched in this now rapidly moving forward city is the Kellar Incubator Company, for the organization of which articles of incorporation under the laws of Indiana were filed today. The capital stock, all sold and paid up, is S4OOO and while the start 13 a modest one, it Is sufficient and we predict that in the early future this will be one of the prosperous and progressive enterprises of Decaur. The officers are: Dr. H. E. Keller president; Dyonis Schmidt, vice pres, ident; John S. Colchin, secretary; E. X. Ehinger, treasurer, and John Lose, manager. These well known business men also form the board of directors and are sole owners of the concern. They have rented the Luckey building on South Second street for the rest of the year and will be temporarily located there. They will equip, the factory with the latest and best machinery for the manufacture of this line and will branch out as rapidly as possible. We believe they will/ within a short time, demand a large factory building and employ many men. This incubator is the patent of Dr. H. E. Keller of this city and is acknowledged by practical poultry men as the best machine on’the market today. During last year, Dr. Keller sold seventy-one incubators, each of which gave entire satisfaction and this number by no means filled the demand. Every member of the company, as well as the patentee, is a . Decatur citizen and we ( believe the future of the Keller Incubator Company will'be a bright one. Dr. Keller has had numerous offers to dispose of his patents at a good figure, but preferred to become a member of a manufacturing industry which would be located in Decatur. Advertisements telling the good qualities of this incubator will soon appear in this paper. Read them, and if you need an incubator, buy the Keller. Mr. John S. Colchin, secretary of the-new company will have active charge of the concern, which will employ as many men as necessary. There’s no stopping this push.ahead spirit in Decatur. So, you might as well help boost. —: o THE C., B. i C. TO BE EXTENDED Smith Bracy Held a Conference at Bluffton. Smith Bracey, of the C., B. & C., was in the city this afternoon and his purpose here was the important one of deciding on a suitable route for the road between this city and Huntington or Markle, wherever it makes connection wi'h the Chicago & Erie road. During the afternoon, Mr. Bracey was in consultaHon with Superintendent Curtis of the road, Engineer Dunlap and Attorney W. H. Eichhorn. No information as to what matters were decided upon today could be learned and the only thing given out was that the route was being discussed. The fact that the company is very anxious to get to work on the extension has been known for some time and it is confidently expected that within a week or two at the outside, the route will have been decided upon and permanent surveys commenced while the graders and construction gangs will be rushed to this city where the construction work will be commenced. — Bluffton Banner. A DONKEY ENGINE EXPLODED (Scripps-Mcßae Special.) New York, Feb. 16. —News of a disaster which occurred on the American liner Valdivia on February 13, was reported today when the boat ar. rived here. A donkey engine ex. ploded, killing seven, fatally injuring i three and badly damaging the ship.
, CLOVER LEAF THREATENS AGAIN Say They Will Cut Down Mail and Passenger Service. In the event that the people along its line do not get busy and prevent the committee on postoffices and postroads cutting off thirty-five per cent of its revenue for hauling mail cars, the Clover Leaf threatens to cut down the mail and passenger service to its constituents. In a letter to Agent Dull Wednes. day, George H. Ross, second vice president and general manager, gives figures showing that the road operated its passenger and mail trains last year at a loss of $42,217.30, the actual loss on hauling postal cars being $4,282, or .481 cents a mile of every one of the 890,346 miles* traveled. He asks the agent to see influential citizens, congressman, newspapers, etc., and get public sentiment aroused against the federal government making this big cut in the revenue which will mean either a greater loss to the company or a much worse mail service. Mr. Ross says interurban competition together with state rate legislation has made the passenger business so unprofitable that the expense of this branch of the business must be greatly curtailed so that it will be to the interest of the public to use its influence with the postroads committee to prevent it cutting the mail subsidies, the vote on which will be taken next week. — o GOING SOME SURE ■■ ' Divorced and Married the Same Day WAS MRS. NEWPORT AGED 70 Her New Husband, Joseph Urick, is Sixty-nine and the Couple Seem Very Happy. A marriage license has been issued to Joseph Urick, aged sixty .nine and Sarah Jane Newport, aged seventy. They called at Squire James H. Stone's residence at nine o’clock last evening and were married. Just twelve hours before, the bride was divorced from her husband, who had deserted her. This is her third attempt on the sea of matrimony, another husband having died ten years ago. Mr. Urick formerly lived here, his former wife having died two years ago. He now resides at Dunkirk, Jay county, where he and the new Mrs. Urick will reside. Mr. Urick was in court yesterday assisting his bride.to.be in securing her decree and even paid the costs of the same. Though a little past the age for most love affairs, the couple appeared as happy as though in their teens, and suffering from the first affection of this kind. o THEY WILL GO TO WASHINGTON A Trio of Congressman to Spend Two Weeks at National Capitol. Hon. John A. M. Adair, who spent a couple of weeks at Martinsville, testing the curative qualities of the water there for his old enemy—lumbago —returned home Wednesday evening somewhat improved. In company Hon. George W. Rauch, congressman-elect from the Eleventh district, and Hon, Elijah Cox, of the Second district, Mr. Adair will leave next Wednesday for Washington, D. C., where the trio of newly elected Democratic congressmen will spend a couple of weeks witnessing the closing scenes of the present congress and on March 4th will begin their terms of office. While in Washington they will be chaperoned by Congressman Lincoln Dixon of the Fourth district, the other Democratic member of the Indiana delegation, who will put them "next’ to the ways of congress. Mr. Adair and his newly elected colleagues will do no service in the halls of congress until next December unless President Roosevelt should call a special session.—Portand Sun.
BOOMING BRANCH Washington Colony Talkof Him for Congress JAPS ARE ADMITTED TO SCHOOLS San Francisco School Controversy is Settled —A Governmental Salary Raise. Washington, Feb. 16. —Will Emmett F. Branch of Martinsville, speaker of the Indiana house of representatives, succeed Elias S. Holliday as representative in congress from the Fifth district? Os late Speaker Branch has been having a congressional boom in the cloak rooms at Washington, where members of the Indiana dele, gation meet and talk over political affairs. Even the attraction of the extra $2,500 a year of salary has not caused Representative Holliday to vary a breadth from his determination to re. tire from public life at the close of the Sixtieth congress, to which he was elected last year. Therefore the field is open for aspirants and, in the clas. sic language of the poet, “the devil take the hindmost.” Speaker Branch is a young man and a good talker as well as campaigner, and I presume if he becomes a candidate he will have the backing of Governor Hanly and the state administration. It was this influence that made him speaker of the house. Washington, Feb. 16. —The San Francisco school controversy, growing out of the segregation of the Japanese school in that city, has been settled. The basis of the agreement reached at the white house conference is that Mayor Schiftitz and the members of the school board, will immediately after the passage of the immigration bill as reported by the conferees in congress, abolish the Oriental school and again admit Japanese to the white schools. Washington, Feb. 16. —Representative Abraham Lincoln Brick of In. diana, is a member of the sub.committee of five that has under consid. eration a raise in salary for all of the government employes in Washing, ton. The proposition is to give the clerks in the department a horizontal increase of 20 per cent. SOCIETY IS BUSY Many Social Affairs Last Evening THE BEN HURS ENJOY SURPRISE Cooking Club Organized—A Theatre Party—Mrs. Schirmeyer Gives Afternoon Party. Last evening at the regular meet, ing of the Ben Hurs, the ladies drill team pleasantly surprised the court by presenting their work in a dignified manner which has been very sue. cessfully carried out unler the instructions of H. Harruffff, drill captain. The degree staff also exemplified their flower work in an impressive manner, after which the ladies of the drill team served refreshments which were enjoyed by all present. Ben Hur, lodge is one of the best and most progressive orders in the city. On every Friday evening, the newly organized Cooking Club will meet at the home of on® of the members. This club is composed of a crowd of young ladies, and the aim of the club is for each member to prepare one article for supper and then teach the others the recipe. The first meeting was held at the home of Miss Pansy Bell, last evening. The mmebers are Misses Lucile Hale, Pansy Bell, Fanny Frisinger, Marie Beery, Winifred Johnson, Edna Hoffman and Alma Laiiey. The following people attended the* Continued on Page 2. j
LADY IS FOUND DEAD IN BED Mrs. Martha Biggs of Hoagland, Expires Suddenly. Last night Coroner Stults was cal. led to Hoagland, Ind., to investigate the death of Mrs. Martha Biggs, who was found dead in bed by her son, George, yesterday morning. Mrs. Biggs was 63 years old, but on Wednesday was about at work as usual on the farm a mile southwest of Hoagland. She retired as usual on Wednesday night, and when George, who is 34 and single, arose in the morning to do the chores he called to his mother. This was 5 o’clock. He did not get an answer, but thought that his mother had heard him. At 7 he returned to the house for breakfast and found his mother dead in bed. The body was cold. Neighbors were called in, and as the son was considerably flustrated and could not tell a lucid story to the neighbors, Coroner Stults was called in. He held a post-mortem last night and learned that death was due to natural causes and was superinduced by heart paralysis. This will be the coroner’s verdict. Mrs. Biggs and her son formerly resided near Woodbum. They did not own the farm on which they resided near Hoagland, but were merely tenants. Mrs. Biggs w’as the tenant and her son was employed by her. —Fort Wayne News. COURT HOUSE NEWS » A Quiet Day in the Circuit Court Rooms CRIMINAL CASES NEXT WEEK Number Are to be Tried —Motion to Quash Liquor Cases Overruled By Judge Erwin. A junk dealer's license has been issued to Nathan Cole, granting him permission to buy junk at Geneva, for one year from date. Judge Erwin went to Fort Wayne on the nine o'clock car this morning to attend to legal business and consequently the day was quiet in the Adams Circuit court. Next week is criminal case time in court and a number of cases are to be heard. On Monday comes the State vs. Thomas Macy, trespass; state vs. Lase Ellis, Floyd Smith, Michael Me. Griff, Charles Ceser and Green Burkhead, violating liquor laws. On Tuesday comes the case against William Ray, assault and battery, with intent to kill, probably the most" ifnportant trial of the week. Other cgses set for Tuesday are State vs. C. D. Murray, Henry Ostermeyer, Samuel Sprunger, Green Burkhead, John Jones, Robert Young, all liquor cases. On. Wednesday, State vs. Nelson Bricker, assault and battery. . In the liquor cases filed on grand jury indictments againt Burkhead, Sprunger, Ostermeyer and Ceser, Judge Erwin has overruled the motion by their attorney, L. C. DeVoss, to quash the indictments and the cases will be for trial. Amos W. Snyder, executor of the John Snyder estate, has filed the inventory of personal property as returned by appraisers C. B. Funk and Edwin Heller. The total is $1694.30. ■ ■ • — "■ — BETTING ON THAW'S ACQUITTAL Sympathy in New York Favors the Defendant. Bcrlpps-Mcßae Special New York, Feb. 16. —The general feeling here in the Thaw case Is sympathy for the defendant and the betting in his favor. Members of the American Society for Prevention of Vice and Protection of the Weak will testify next week that Thaw came to them and asked that they investigate the orgies conducted by Stanford White.
Number 41
