Greencastle Herald, Greencastle, Putnam County, 15 October 1920 — Page 2

THE GREENCASTLE HERALD

FRIDAY, OCTOBER I.',,

HERALD 'GET RICH QUICK

fcc.teret. as Seeucd Cla&f siail matter *t rh« Grcencastle, Ind, postoflice. i»bar!es J. Arnold Proprietor PUBLISHED EVERY AFTERNOON Except Sunday at 17 and 19 S. Jackeon Street, Greencastle, Ind. TELEPHONE 65

IS OLDEST BAIT Hope of Getting Something for Nothing Springs Eternal in

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• I' poetrr.

MANY WILD SCHEMES TRIlD

. a A

NATIONAL TICKET

For President ^ JAMES M. COX Ohio .itW / For Vice President FRANKLIN D. ROOSEVELT New York

STATE TICKET

Senator THOMAS TAGGART French Lick

Governor CARLETON E. McCULLOCH Indianapolis

Lieut. Governor SAMUEL M. FOSTER Fort Wayne

Secretary of State CHARLES H. WAGNER Columbus

Auditor of Stat e CHARLES R. HUGHES Peru

Treasurer of State GEORGE H. I>E HORITY

Elwood

Attorney General GEORGE *P. SUNKEL

Newport

Reporter cf Supreme Court WOOD UNGER Frankfort Judge Supreme Court. Fifth District FRANCIS E. BOWSER

Warsaw

Jndsre Appll.vti < •■>v '">■ t Distrle* ELBERT ’T. SWAIN Rockport Jno*»e .V " ‘m Ceu t, 2nd Hi-tnot JOHN c RETDELBACH WMnamac ?’ioerir*»n’’i t f t’ hR.- Instruction

« r

Wabash

DISTRICT TICKET

For Representative in Congress CHARLES S. BAIT Terre Haute

COUNTY TICKET

For Prosecutor

stt V

FAY S. HAMILTON

For Representative — WILLIS E. GILL

For Treasurer

OTTO G. WEBB ft?

Fir Sheriff

FRED LANCASTER £

■ • 4'■ For Surveyor

ARTHUR PLUMMER AM

For Coroner

JACOB E. McCURRY For Commissioner 2nd District REESE R. BUIS

For Commissioner 2rJ District DAVID J. SKELTON

Story of Romance. Hardship and Violence, of Adventure, Despair and Gullibility, With Sudden Trips Abroad Made by Promoters. Boston.—Ever since the heelniiing of tilings men have been trying In one fnshinn or another to achieve llieir fortunes over night, to recover the Midas touch of the fniiiillst, to ‘‘get rich quick.” Sometimes ihey have succeeded. Sometimes they have nurtured llieir hopes only to come hack to hard reality with n hard hump. Sometime* in their haste they have hoen swindled. From the days of the sailing of Jason upon his long quest of the Golden Fleece, from the times of ihe alchemists of the middle siges. who puttered out their lives among dusty tomes, seeking with tired hut hopeful eyes for the key to the enigma of sudden wealth—the touchstone which should transmute lead to gold—to the days of mushroom fortunes iu “internarlonal reply coupons." Isn’t such a far cry alter all, .luines H. Powers writes In the Boston Globe. It Is a story of romance and hardship and violence, of adventure and despair ami sometimes absurd gullibility and sudden trips abroad made by promoters with gripsacks stuffed with cash. Mad Rush for Gold. In America the story really begins with the mad rush across the prairies tind the mountains in M9 to the gold fields of California. There had been other “gold hunts” before this, hut none of them developed such a national fever as resulted front the announcement of this discovery of nuggets "weighing as much a* half a pound apiece.” that percolated through the Eii>- r and started that famous uproar. Kntliusiasm rose to unbelievable heights. Families started out from Massachusetts, New York and other eastern seacoast states without e\en bothering to sell their houses. By horseback, farm wagon and by ship the migration got under way. Parties of prospective millionaires chartered schooners and sailed all the way around the Horn in their excitement. And upon the retina of the Inner eye of every one persisted the dream picture of ‘•marble halls," and a "span,” and the Imagined luxury of doing nothing In particular, while obedient lackeys hovered about for- | ever after, like the genii of Aladdin's lamp, awaiting orders. The California gold rush enriched thousands, though at the price of vast hardship and sacrifice. Thousands of other* It ruined, when they became stranded In a wilderness, 5,000 miles from s< filed civilization, on their Illfated claims. The best thing about It wasn't the wealth It produced at all. hut the fact that It began the definite expansion of the United

States.

Capt. Kidd and the Klondike. “Something for nothing,” many years later, drew thousands more Americans down In the Oklahoma ter- | ritory when the government anfionnccd that If would pt rmlt homeI sfinds fo he “rushed” on a certain I date. All the man who wanted to become a property holder had to do was fo to* on hand when the signal I was given. j tb'M rniM nt officials lined off the ! start, as If it were a I4lt yard dash of | today, l ead's were built and every j cl: cant had to he behind the bulwark I re dy. Then, at a given signal, down | went the harriers and the swarm of i fortune hunters piled Into tin' plains, , pellmell. to stake their claims and bei gin their new caree: -, and he happy ! ever after. Ko. mo. In the latter part of the i last century, when ihe Klondike became a word of magic. Just as in the j days of ’-tit, there was a wild rush for I gold, the prospectors being, in the main, men who were doomed to failure, although hundreds of them won from the frozen rocks und river bed* the fortunes upon which not a few American families base their ability b> purchase a new seven passenger ear every year. One of the. oldest and the most |>ersistently attractive lures of golden affluence that awaits the fortunate Is the mythical burled treasure of Capt. Kidd, the pirate, finullinr to every schoolboy and to the schoolboys of Boston In particular. For the two centuries or more that have elapsed since Kidd swung at the gibbet In Execution Dock, England, expeditions have been continuously gotten up with the purpose of finding hi* burled booty. All that lias been recovered to date has been about $90,000, most of which was found at one end of Gardner's island. The numerous search parties, according to aorne estimates, have spent a total cf about $700,000 In the effort. Te Pay 96 Per Cent a Year. Along with the popular quests for "gold In the raw." or in hidden caches, there have also been scores of clever srhemes for enriching people through marvelous "new” discoveries and through ruiinipulutlon. Massachusetts has had Its full share of such ventur«w hi the last hw'f century, and

Boston Inix been the cciilei o me ac tlvlfles of not a few. More than forly years ago. hir instance. there was ilu nntiii'inus “Ladies' Deposit." conducted h tF's Knrnh K. Howe at 2 East Dr.i.,! hno street. Mrs. Howe had a sensamu I career In giving people "something for nothing.'' The “Ladles’ Deposit" was an iii“tl tution based upon her statement that site was the agent of :i legacy aiaounlIng to more than SI.TiINi.ihki, which was left by a Quaker w ho wanted to he a benefactor of "widows and single women only ." With this money she was supposed to establish n foundation in Boston which paid such women, whose incomes were inadequate to permit then) to live In comfort. per eem a year ot, deposits made at the "Ladies’ Deposit." Mrs. Howe was no parsiinoni oils person. She paid Interest three months In advance. Three Years In Jail. Mrs Howe Is described sis being | "short, fat. ugly looking and hide- • scrlhnhly \iiiz.:r.'' She couldn't write j grammatically mid this was one of the onuses of her downfall in Boston, for her lack of culture amused the suspicion of the authorities nt last nod they began an investigation which landed her In Jail. Then It onnie out In the court trial that Mrs. Howe's "(Junker" was a day dream and despite the fact that during the last days of “Ladies' Dept - when the run stnrteif she paid out hotwpen STo.ism and JlOO.iHXt in one day. the Investigators found that her Insolvency amounted to $‘-'0O.fK<n, with the "hank” and some cheap furniture profusely covered with gilt as asset*. Mrs. Howe insi* d to the last that she was merely a salaried agent, receiving $120 a year for her work from the "Quaker organization." hut that did not keep her from serving three years in jail. Boston was In an uproar during the whole proceeding and hundreds of fascinated hopefuls thronged the Institution during the week before the crash. Received Secret in a Vision. Then there was the masterpiece of all strokes of the Imagination, the Iter. I’. F. Jernegan's sc heme for getting gold out of sea water. As a "get rich quick" scheme this t« yet unsurpassed—both from the romantic aspect of the undertaking and In the sheer audacity with which It wi* worked out. Mr. Jernegan was a former Baptist minister, a graduate of Brown university and of the Newton Theological seminary. After a few years in the ministry lit* health broke down and he went south to recover. It was on the way back that "the heavenly vision" onnie to I'. F. Jernegan. ami the “Electrolytic Marine Salts company” took shape In his brain. The "lieavenly vision," according to the claim of .lernegan, showed him a marvelous way of getting "something for nothing”—of getting gold from the water In the ocean by a secret process. lie formed a company, lie opened offices tn this city at oft Stale street and 2.'!5 Washington street. The "Marine Salt* eoinptiny" became a slogan of amazement and womb r. Mr. .Ternegan showed fo the doubting Thomases he met several thin metal plates upon which there had been crystallized stnnll deposits of gold. He suggested the wonderful secret In tils possession and spoke vaguely of the fabulous fortune that awaited Mni. Financiers, men and women of wealth, poor and prosperous—folks thronged his offices to buy shares of Ills stork. There was. he affirmed, nhont four cents' worth of gold In every ton of sea water. Now. Jm-t think of It. four cents' worth In every ton! And the Atlantic, Pacific. Indian. Arctic— all Ihe ni-eans in the world were to pay tribute to his scheme, fo make their deposits of gold In the pockets of his shareholders Mr. .Temegtin estimated the po slide returns at 72.0''ii lnHi.OtM) tons of gold. Boston went Into a frenzy. All New England weet Into another frenzy. Mr. .lernegan went to »w York, whe to he deposited "T- ""i wi h one of the lai"ost savings haul - there. Soon after he in: de another large deposit. The deposits weiv ,-hecks A few days after this he drew eat $20.(SKI ami then $75.01*1 in MIN. Then the hank told him that they didn’t want his account. He told New Yorkers that he Intended to Issue* 2.500non shares of stock nt $1 a shore. Meanwhile, hi* friend, one “Frank W. Thompson," took the money withdrawn from the New Y<>rk hank and between them the pair bought $150,000 worth of govern ment bonds. Machinery Never Came. Meanwhile, at North Lithee, Me., the "Marine Salts company" began operation*. A dam was raised, and when the tide receded It left wafer twenty feet deep behind the dam. This was tn he flowed over the “secret" machine Invented by Mr. .lernegan. and by a “secret" process Ihe metal plates, called accumulators, were to gather (he gold from the sen. More than 000 workmen were hired, and the buildings were begun. By this time 2.40nnoo shares of the stock had been sold and the capital was In the hands of the ex-clargyniao who had had the "vision." To work the plant at Its proper capacity. machinery, of course, was necessary. Mr. Jernegan and Ms partner hoarded a French liner for Lellnvre, France, to get the machinery. Mr. .lernegan took passage ns "Louis Sinclair of Uhleago.” v Ith “Ihe necessary funds"—that Is. all of them. The day after Ms departure gold ceased to crystallize on the plates nf that tiiH' vi Inn* "secret" imo bine up In l.llher Me. The company suspended business and the OK) workmen on Ho new hiilldieg* were out of a Job. Tie- shareholders In "Electrolytic

Gets Dividend Check From Oil Circular. Cliadron, Neb.—F'rank E. Foster, an Itinerant carpenter, is umler arrest here on the charge of obtaining money by false pretenses. In Ms travels about the country Foster picked up some oil stock literature In which was related the story of a poor widow who had invested $2,000 In a certain beneficent corporation and soon afterward received a dividend cheek for $200. To prove it a facsimile of the .$200 check was prluled In the circular. and Foster, It Is alleged, cut out the cheek. Indorsed It on the hack and, presenting it to n green young teller In a country bank, walked off with the 5200 it called for. When the boss banker found It among his assets he set the officers on Foster's trail. The check bore the words “facsimile” and “void" across the face, but evidently that did out Impair its cashing quality.

RECORD DOWNFALL OF RAIN

Two and One-Half Inches in Three Minutes Has Been Known In the Canal Zone. Two and one-half Inches of rainfall In three minutest A reproduction of the rain gage register showing that downpour—a record made in Hill and still recognized by the weather bureau, United Stares department of agriculture, ns the most Intense rainfall of which If tins data—appears in the current number of the Monthly Weather Review, published by tlic weather bureau. The illustratien accompanies u technical discussion of rain and sunshine In the Canal Zone. Tills heavy fall of rain occurred at Porto Bello iu the Canal Zone. Not alone In the Canal Zone but nt 2»)n point* iu the United States the weather bureau maintains observation stations at which accurate records are kept of rainfall, snowfall, temperature etc., so that any person interested can ascertain accurately the weather history of pt.ictleiilly any section of Ihe country by applying to the weather bureau. <'ommerclul and scientific organizations. its well us farmers and others In ten -ted in various rrops, frequently apply to the bureau for Information of this sort.

EVEN MONKS PRINT MONEY Tyrol Government Puts Ban on Craze of Issuing Currency—Becomes Scandal. Vienna Austria.-—The Tyrol government lias prohibited the further Issuance of communal fractional currency, which has become a scandal In the Austrian states. It was found that none of the notes were In circulation, all the Issues having been sold to collector* at enormous profit- Some Issues of ten and twenty-dollar notes have sold as high as HO to 100 crowns apiece. The craze of Issuing currency has spread to concerns and association* of various kinds, among those printing their own money being the monastery of Gottwelg and the Anti-Semitic a*sociatinn of Amstetien.

Marine Salts company” were without their money, too. The gold crystals ’ on the plates had been "planted.” Iu *plte of efforts to bring about extradition. Jernegan and bis pal e*-! raped In Franco. They later sent some of their money hflek to clear up the i activities of the company, but they did j not move back to Boston. 520 Per Cent Miller. Not more than twenty years ago there was another such scheme for overnight wealth, the notorious Franklin syndicate, which was pledged to pay lls Investors 520 per cent. This | syndicate. Hie product of the brain of i William Franklin Miller, had plctnr- j rsqitc offices and enormous nerve and started In New York. j The plan was after the fashion of j •‘the endless chain." Gold was to flow t forever to the depositors, at the rate: of ten per cent a week. Any sum was acceptable to Mr. Miller. When the scheme collapsed there was 3.11*1 creditors and claims for $238.OCX*, which were not finally cleared up until fifteen years ago. So the story runs, year after year. The “Luck Box" Is at) affair of only yesterday. To make one's fortune without an effort, to hope desperately for "good luck" in "taking a chance," to find a silver mine or become heir to a kingdom, to dig for Kidd’s treasure or to buy a machine which will turn out crisp new hank notes in a legal manner; above all, to avoid *s much work as possible in the whole affair, tias been a lA.uian trait ever since Adam fared forth from Eden, where he was not bothered with such dreams.

QADiO GUIDES SHIfS IN FSG Finders of Naval Stations On Shore Give Angle. Mathematics Does Rest.

Prodigy Enter* High School. Armada, Mich.,—Oarol M. Hart, the ten-year-old daughter of Mr. and Mr*. W. H. Harr of tills village, I* perhaps the youngest child In the Slate to poss tueicssfully the Michigan eighth grade examination*. The girl Is In the »eventli grade, but through special tuition by tier father who was formerly a school superintendent, she qualified to enter the test*. Her brother who Is three year* tier senior, carried ■lie henora of his clns* in passing, and was second among the UK) Macomb comity atuOeula w ho passed.

WAR NECESSITY MOTHERED IT

Navigator Who Wishes to Know Hi* Latitude and Longitude Sends Out Wireless Message and Listen, ing Stations Give Bearings. New York.—Fogs, clouds and storms are losing their terrors for naval men. In the r ot very distant past a ship that could navigate when the sun was hidden lx eaine Ihe subject of wild seafaring tales, hut the radio direction Under has eliminated many of the perils due to the absence of the sun. Today a navigator who wishes to know Ms latitude and longitude has only to send the following wireless message: “This is the (ship's name). Where am I?" And the data supplied by the various listening stations will give Mm his bearings. The wireless direction finder Is not a new device—finders were patented as long ago ns 1007— but war developments have emphasized the value of the instrument for general navigation, says a writer In the New York Evening Post. It consists of a loop of wire attached to receiving machines. When messages tire being received the wave* set up a current In the two side* of the loop. If the waves strike both sides of the coll equally there Is no difference In voltage. But when the waves strike the coll In such a manner that there Is a difference in voltage between the two sides of the coll the receiving machines indicate the extent of this difference. By making fciathemntical calculations based on this difference It is possible to determine the direction of the ship which Is sending In relation to the port which Is receiving. in order tn locate the ship's position exactly the data from at least two receiving stations must he compared and It Is desirable that another station send Its data to cheek the accurnry of the finding. War Necfs-sity Mothered It. Especial attention was paid to the | development of the radio direction j tinder during the war when many fighting ships found that fog was almost on a par with submarines as a naval menace. Experts thereupon expert-1 mented to discover a certain method i of giving a ship her "reckoning" when j the sun was obscured. The radio dl-1 rection finder In Its most modern form was the result. It Is now proving Its great usefulness In time of peace. "Merchantmen are constantly using ■ our stations to find out where they ! arc,” >al<l a naval ntflrer. “I should say that for one warship that calls for its hearings there are ten privately owned vessels. Onr radio directionfinding stations are really becoming public service institutions." The navy has erected and Is operating stations tn the entrance of almost nil of the large commercial ports in j the country. There are several sta- j tlons near New York harbor, including I Mon tank Point. Fire Isluud, Sandy) Hook and Far Uockaway. On clear | days the men on duty at these posts j have more or loss of "sinecures," hut j on a foggy day they are constantly nt work directing ships which have gone astray. All the listening 'stations transmit their Information to hendqimrters and headquarters tells the skipper where he is. Some elderly naval men were skeptical about the radio direction finder when the navy department first Introduced the device, but one experience with ttie Instrument usually snfilces to convince them of Its worth, flecently a new destroyer left Norfolk, \'n., hound for Newport, B. I.—ordinarily no great feat of navigation. However, the compass was new and untried, and the captain and the navigating officer prajed for clear weather. It Beats an Erratic Compass. I>osp!te their prayers they ran Into a heavy fog. and from the time they left Cape Henry until they sighted the reef lightship at the entrance to Newport they could see nothing. Nevertheless. the run was made without mishap, owing to the directions sent out by Hie finding stations, and en landing the officers, who had been skeptical, were converts. It was discovered later that the magnetic compass, hy which they would have steered under the old methods might have brought them to grief, for It showed an error of more than ten degrees. “We are handicapped In extending this work," remarked the naval officer, “by lack of personnel. In fact, we’vq been compelled to close up one or two stations recently owing to a shortage of men. But eventually we hope to have a station at practically every moderately large port—and that I think, will rouse making port In fogs to be considered a very ordinary and not at all dangerous achievement"

Opera House A. COOK, Prop. & Mgr. Doors Open 6:30 Two Shows Show Starts 7:00

Program Subject To Change Without Notice

Realart Pictures Presents Constance Binney The Girl Who Captured New York in the Six Part Modern Cinderella Play “Earstwhile Susan" The Picture You Dare Not Miss Seeing Realart Feature Production Jester Comedies

A. B. Hanna C. W. Huffman Hanna & Huffman

Hi tf ig Funeral Directors Licensed Embalmers ?

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I F. S. COOPER CO. i

cji Reduction Plant (Jj Highest Prices Paid for Animals yS We pay^all phone charges ^ Phone Cloverdale, Ind. Give us a call Jj* Special Bargains FOR Friday and Saturday

Just Two F«et to Death. Bowling Green, Ky.—Two feet separated Hobcrt Fulton, oil well driller, from death. Ills employers, a Cincinnati concern, had given up hopes of striking oil and ordered abandonment of the “dry" well. "We’ll go two feet further," Fulton said. At the second foot oil was struck, and Ui the fire uhleh followed Fulton wax burned to death.

Sugar per lb lie t’otafoes per bu 1.76 Sweet Potatoes per lb Ivy Hard Wheat Flour 241b 1.8.) Want Moore llani Wheat f lour -4 lb 1.85 Bloomington Belle 24 lb. 1.5* Gal. Cana Penant Syrup 1.3d Gal. cans .Maple Flavor Syrup !. 1.30 Gal can White Karo Syrup 1.00 Gal can Dark Karo Syrup 80 '■al can Sweet Dew Com Svruji 80 Gal. can Pan Uake (.lorn Syrup Lard Compound per lb 21 Farmers Pride Coffee per lb .... 20 Crystal Coffee per lb 2* Good Bulk Coffe per lb 15 Kxtr a Good Bulk Coffe per lb 30 Tall cans Salmon 2 cans 35 Tall can Hebe Milk 2 cans 25 Sugar corn No. 2 cans 2 cans ... 25 Larly June Peas No. 2 cans 2 cans.25 Heinz Pork & Beans tall cans 2 for 25 Heinz Pork & Beans Flat cans 2

Tomatoes No. 3 cans 2 cans 35 Hominy No. 3 c a n 2 cans 25 I umpkin No. 3 can 2 cans 25 White Pearl Macaroni 3 for 25 White Pearl Spaghetti 3 for 25 Toilet paper 3 rolls for 25 Flake White soap 6 bars for 45 Bob White Soap 6 bars 30 Gloss Soap 6 bars 30 Men’s Work Shirts 1.40 ° V( ‘ ralls $2.25 to $2.50

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