Evening Republican, Volume 23, Number 294, Rensselaer, Jasper County, 10 December 1920 — Page 1
No. 2*4.
The New Edison The Phonograph With a Soul. When you buy a phonograph insist on one in Period de»ign. All Edison machines are of Period design. The furniture that you buy from now on will bo in some Period. Why not have the phonograph to match? A WORD ABOUT PRICES AS In 1914, as you can ascertain through practically any investment banker, the Edison Laboratories were selling phonographs on a narrower margin of profit than the other manufacturers. Since 1914, the price of the New Edison has advanced less than 15 per cent——•.nd • portion of this it war tax. “Edison stood the gaff” to keep his favorite invention within the reach of everyone. W. J. WRIGHT
MUSIC LOVERS WERE DELIGHTFULLY ENTERTAINED
The lovers of good music of our little city enjoyed a rare treat at the Presbyterian church Thursday night when Miss Anne Leonard, assisted by Miss Wyoneta Cleveland, gave a recital under the auspices of the Ladies’ Industrial Society of that church. Miss Leonard needed no introduction to the audience, her rapid rise in the world of music having been noted with pride and pleasure by her many friends in this city where her early training was secured. The opportunity thus afforded to listen to her well trained and splendidly developed voice was a
•PRINCESS THEATRE - MATINEE —2:30 NIGHT—7:OO TONIGHT NAZIMOVA —IN—“The Heart of a Child”
Sally was in lore with him. Yes, but she felt rising .within her an inward repulsion to Lord Kidder* minister’s manner of wooing that night of the Bohemian revel. She had seen too much of drink when •he was young, in the shabby Limehouse section of London and she was ' not prone to take stock in protestations of affection when alcoholic. It was like Sally, that was,
SATURDAY, DECEMBER 11 >. ■ c - °> ,i Jesse L. Laskey Presents. [ ” ” BRYANT WASHBURN , •.■’■• ~! • *1 ’■ . “Mrs. Temple’s Telegram”
Holy mackerel! And this woman, jealous, had accused him, her honorable husband, just because he had stayed out all night with a “sick friend.” Vamped and revamped by a bold, designing woman, he haul fought temptation and won. Now before his vejy eyes ' ■! Come to see me at once, she begged; happiness depends on you; husband must not know. But husband did know! And a naughty “vamp”
POOP P~*-> ■ I t $ SHJNDAY-At Morocco-Rensselaer vs Morocco Ude g g Admission SI.OO, indudmg war tax. . J : L. inmnH |nTT " fJflMtrrtT
The Evening Republican.
pleasure indeed. Knowing Miss Leonard’s high ambitions and great determination to accomplish-whatever she undertakes, we prophesy great. things for her future. Miss Cleveland was in every way a worthy assistant, being a pianist of exceptional ability and one who is certain to attain a high place among the masters of music. Both of the young ladies are doing post graduate work at the Chicago' Musical College to further prepare themselves for their life work. “When The Moon O’ June Is Shining In the Wabash,” Lon Healy’s new song hit, now on sale at Jarrette’s.
because she had the heart of a child, though she had seen both sides of life—the smooth and the seamy. Nazimova, greatest of the world’s actresses, comes to the screen again as this cockney heroine in a compellingly human play, “The Heart of a Child.” * Abo “SNUB POLLARD COMEDY” Admission—Adults, 25c—3c—28c; Children, 10c—1c—11c
knew something about husband.■ Speaking of triangles, alibis, high jinks and things, you never laughed so hard at so many innocent folks appearing guilty. The cast includes Wanda Hawley, Walter Hiers, Leo White and Carmen Phillips. Mack Sennett Comedy “IT’s A BOY” * Admission —Adults, K 25 i Children, 10c—1c Tlc
RENSSBLAJUU INDIANA. FRIDAY, DECEMBER 10, 1920
WOULD IMPROVE SCHOOL SYSTEM
GOVERNOR-ELECT M’CRAY WILL NAME LEGISLATIVE COMMITTEE TO INVESTIGATE. Governor-elect Warren T. McCray has been a very busy man in receiving numerous callers, in replying to the 300 letters which reach him daily and in selling an occasional car load of blooded cattle from his stock farm, but somehow he has managed to find time to prepare his inaugural address to be delivered Jan. 10 when he steps in and Governor Goodrich steps out. On his return to Kentland this morning after a two-day visit in Indianapolis he will begin in earnest on the preparation of his first address to the Legislature to be delivered soon after he has taken the oath. Using spare moments, he already has written a few paragraphs. He promises that both his inaugural address and his message to the Genera? Assembly will be short. School Improvement*. One of Mr. McCray’s chief interests lies in an improvement of the Indiana public school system. Indiana public schools now rank thirteenth. He wants them nearer to the top. He conferred yesterday with L .N. Hines, state superintendent of public instruction, and advised him of McCray’s intention to dame a personal committee, composed of three state senators and three representatives, to act as a clearing house in advance of the legislative session to consider proposals for promoting educational matters. He will name this committee within a few days. One thing that impresses Mr. McCray is that there should be more centralization of the township schools in several of the counties of the state. He believes that centralization contributes much to a higher standard of schools. The committee Mr. McCray names will do its work before the beginning of the Legislature and will have no connection with the legislative committees that'the presiding officer of the two branches of the Legislature will aP Among Mr. McCray’s callers at the Hotel Severin were George A. Elliott, editor of the Newcastle Courier, and Ed J. Hancock, editor of the Greensburg News, who came to tell him that they are not applicants for jobs. "Hiey r^ ei L® d a hearty welcome. Charles G. Sefrit of the Washington Herald also called and confirmed the report that he favors the repeal of the statewide features of the primary election law. Prepare for Editor*. Mr. Elliott, Mr. Hancock, J. W. Pierce of the Clinton Clintonian, L H Hamilton of Rensselaer Republican, and Leo K - F ® sler ’. a ”fl' tor of Marion county, had met earlier in the afternoon to make Preliminary plans for the meeting of ’ the Iliana Republican, Editorial Association. The date is ; Jan. 27 and 28. Frederick Schartemeier, secretary of . the ..? e £“j ) J l lCa ß state committee, met with them. 1 is the hope of the committee to have either President-elect Harding or Vice President-elect Coolidge as a speaker. The first day’s meeting will be for -the editors exclusively, but the second day’s session wi take the form of a Republican love feist and jollification with a banquet as a feature. —Indianapolis Star. December 10. ,
TEMPERATURE. The fo!>wing b the tomperat»r» for the twenty-four •* 7 a. m. on the date todieatad. December 10 - 42 82
NOTICE SPECIAL MEETING OF COUNTY COUNCIL Notice is hereby given that the County Council of Jasper County, : Indiana, will meet in Special Session | on Saturday, December 18, at two 1 o’clock p. m. in the Commissioners .Court Room to consider additional ! appropriations for 1920 and such other matters that may legally come before them. S. C. ROBINSON, Auditor Jasper County.* - - I • Ladies’ flannelette gowns, $1.29 at the army store. *
FEDERAL BANK ISSUES LEITER
GOVERNOR M’DOUGAL OF CHICAGO MAKES IMPORTANT STATEMENT. The following letter has been sent out to the banks of the Seventh Federal Reserve District by. J. B. McDougal, Governor of the Federal Reserve Bank of Chicago: December 7, 1920 To the President of the Bank Addressed: — During November a series of Farmer-Banker conferences was held in the state of lowa, in which this bank was invited to participate. Each of these gatherings was conducted as an open parliament, and discussion of the problems of the day was frank and free. Each interest present carried away a much clearer impression of the view point of others than existed before and great benefit should result from tjiese conferences, because of this mutual understanding. This institution greatly appreciates the respectful attention and the uniform courtesy extended to its representatives attendant at these gaherings. The Seventh Federal Reserve District is largely agricultural; and while lowa is at the moment under a greater strain than other states, basic conditions axe largely the same in all sections, and the present seems an opportune time to emphasize a few cardinal principles which control the operation of the Federal Reserve Banks, from the standpoint of sound business as well as of legal requirement. The reserve of a bank consists of a certain proportion of its deposits, the minimum amount of Which is usually fixed by law, and which must be in actual cash or in the form of balances in other banks convertible into cash on demand. The member bank must carry the entire legal reserve required under the Federal Reserve Act as a deposit with the Federal Reserve Bank in which it is a stockholder. The Reserve Bank must keep such reserves constantly available, as its ability to rediscount for members depends upon the maintenance of required I reserve deposits. ... ~ - Rediscounts earned by the Ke- ' serve Bank for member banks must be repaid promptly, in order that the Reserve Bank may be in a position to provide for the requirements of other member banks. The law entitles each member bank to reasonable rediscount pnvileges,
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but it obligates the Federal Reserve bank to be prepared to grand rediscounts equitably,' to each and every. member bank, even though 'all apply for such accommodations at the same time. The Federal Reserve Bank may grant and has willingly granted more than ordinary lines to some institutions in certain localities, but no institution pr locality so favored should assume that, once granted, these extraordinary accommodations may be carried indefinitely, dependent for their liquidation solely upon the pleasure of the original borrower. The payment of deposits, and the granting of seasonal demands yet to come, is dependent primarily upon the liquidation'or reduction of loans now held by banks. To urge complete liquidation immediately is as unwise as it is impossible, but a beginning of the process at once is imperative, and upon its gradual and orderly l continuance is dependent the future welfare of the banker, the depositor, the merchant and farmer alike. i At the Farmer-Banker conferences, the opinion was frequently expressed that the farmer alone is feeling the force of the after-war adjustment now in progress. Conditions in other lines of business indicate that this opinion is not well founded. It most by this time be evident to all, fair observers that the readjustment process is m evidence in practically all lines of commerce and industry, and the
FRIDAY in SATURDAY Monarch Coffee - ■ 37c. === — ==== White Bear Flour - - LS2.BS Ko-We-Ba Oats, 2 for | Farm House Coffee, per pound *** I ..... jMc I Calumet Baking Powder, per lb. can I Star City Soap, 7c; 8 for Day Light Soap, 4ci 12 for Classic Soap, 7c; 12 for •• •, Lava Soap, per bar \ Ohio Blue Tip Matches, « boxes f0r..... SuTTFEiFM.
balance sheets of January first next will undoubtedly be convincing proof of this fact. We believe the American Fanner is a good citizen, and that when he can be shown the inter-dependenee of his industry and all others, and the need of team work all along the line to bring order out uncertainty, he will do his fuH share. Banks in the Seventh Federal* Reserve District, Members and Nonmembers alike, are under an enormous burden of credit at this tune. Relief will come, if the banker will take his customer into his confidence and ask him to help. A beginning of liquidation, and a gradual and orderly continuance, ■will hasten the time when the baric law of supply and demand wiH agai n begin to operate normally and valu€S reach their natural and prefer level Governor.
DEATH CLAIMS YOUNG UNION TOWNSHIP MAN
Vernon Steinke, flfteen-yssiMid son of Mr. and Mr«. Edward Steinke, of ££S away Thursday, rfte/ a brief fflnMS, hb death resulting from acaibt f<! Funeral services h«M J** Friday afternoon and intwmew made in the Lutheran cemetery.
VOL. XXIH.
