Indianapolis Times, Volume 33, Number 246, Indianapolis, Marion County, 22 February 1921 — Page 10
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We Will Help You to Save Safely Jftttzfjtr &sbinsi anil Zn&t (So kHHMi NEW SENATOR CHARGES BANK CHOKING N. D. Dr. Ladd Asserts Reserve System Aids Conspiracy Against Farmers. STATE CREDITS ‘FROZEN* FARGO, N. D., Feb. 22—Dr. E. F. Ladd, Senator-elect from North Dakota, who left here today for Washington, declared the tight financial conditions in North Dakota were due to discrimination by the Federal Reserve Bank of Minneapolis against the State of North Dakota. “We shall have to admit that It looks as though there had been concerted action of financiers and banking Interests to hamper, if not to causa the farmers' or ganlzations untold trouble," he asserted, referring to the present conflict now centered about the Bank of North Dakota. He declared the State Institution's difficulties were largely due to the financial depression brought on by action of the reserve bank In demanding that farmers "liquidate,” forcing them to sell their livestock and grain on a falling market manipulated by "speculators and grain gamblers.” The reserve bank, he asserted, grew fearful of the consequences of its action and changed front, sending money into the State to save the situation. Dr. Ladd charged, however, that opponents of the Nonpartisan League had taken advantage of the reserve bank order to attempt to wreck the "farmers' program” of North Dakota. CALLS FOR INVESTIGATION. "In my opinion,” he said, “an Investigation of the Twin City financial control would be of more real interest and value to North Dakota than any other investigation at the present time and might uncover conditions not equaled by the wheat marketing situation. “Discrimination against North Dakota is shown in the funds sent to various States of the Northwest by the Ninth District Federal Reserve Eank,” he said. On Dec. 1, Dr. Ladd said, he was informed by the Ninth Federal Reserve Bank that "the following sums had been loaned: “Minnesota, $70,670,000; Montana, $7,607,000; South Dakota. 511,507,000, and North Dakota only $5,165,000. "Os the $79,700,000 loaned to the banks of Minnesota, about $70,000,000 was loaned to Twin City banks and by them furnished the country banks of the Ninth district. They informed me that during the sixty days preceding Dec. 1, the member banks of North Dakota had liquidated $2,000,000, largely from the western part of the State, through the forced sale of stock and grain. LITTLE REPLACED IN NORTH DAKOTA. “Very little money had at that time been replaced in the North Dakota banks, as this money was used to move the crops. "This situation is largely responsible for the 'frozen credits of North Dakota,' which make it impossible for the Bank of North Dakota to obtain funds due It from privately owned banks and which, just now, form the basis of the political attacks made on the State institution. The bitter fight made against the Bank of North Dakota indicates that the bank is feared. There can be no question that the Bank of North Dakota is frowned on by the bankers and I fear they would not regret to see it destroyed and would probably lend their influence to help bring this about,” Dr. Ladd concluded.
Labor and Fraternal Orders Oppose Bill Special to The Times. RICHMOND, Ind., Feb. 22.—Unkm labor organizations and fraternal orders of Richmond are' sending protests to the Legislature against Senate BUI No. 86, which, according to a telegram from j. W. Hays, secretary-treasurer of the International Typographical Union, “will make it possible for any one to bring action against unincorporated bodies and then tie up their funds." “It is most vicious legislation and will force internationals to move out of the State,” the message continued. “It affects fraternal societies the same way." It was sai l here that under the bill, if a member of an organization owes a biU, action could be brought against the organization. Accused of Selling Stock in Fake Bank Special to The Times. HAMMOND, Ind.. Feb. 22.—Accused of selling certificates of stock in a fake bank, which he said was located at Griffith, six miles -south A this city, .1. *2 Willis, Chicago, Is being held tier*; on a charge of embeausleiuent. Willis is said to liav'e induced A. L. galzman, president of the Salzman Liigineeriny Company, to buy 85,000 worth of stock in the bank. Salzman Inter learned there Is no such bank. He caused the arrest of Willis, who claims he thought the securities were good as gold. Methodist Minister Dies at Vincennes Social to The Times. VINCENNES. Ind., Feb. 22.—Rev. T. II Willis. 70. Is dead at his home here. He was born in Sullivan County and was a Methodist minister for fifty years, having been retired for the past eight years. Rev. Willis was a former trustee of De Pauw University, a veteran of the Civil War and a Knight Templar. He is survived by one daughter, Mrs. Stella Brown of New Albany, and four sons, Theodore Iv. Willis of Vincennes, Charles T. Willis of Paxton, W. W. WUlis and P.P. AY Ulis of Toledo. Ohio. Columbus Farmer Has Sleeping Sickness to The Times. COLUMBUS, Ind., Feb. 22.—Charles A. Sharp, living near this city, has slept continuously for several days, being ill from sleeping sickness. He is aroused at intervals to take medicine or nourishment and immediately relapses into sleep. Before he becomes bedfast Mr. Sharp fell asleep frequently while engaged in farm work. La Porte Fathers as Hosts to Fatherless LA PORTE, Ind., Feb. 22.—Fatherless boys of La Porte will be guests tonight of fathers of sons at a dinner at the Y. M. C. A. at which 400 covers will be laid, with special places arranged for the Juvenile guests. The dinner is an annual “Father and Sons” event. Dean Rcndthaler of the Moosekeart (HD) School * iol ) give the address^®
ALIEN MENACE FULFILLS FEAR OF WASHINGTON i Beveridge, in N. Y. Address, Points to Warning of Foreign Propaganda. SCHOOLS NOW AT STAKE NEW YORK, Feb. 22.— Washington's immortal Farewell Address was declared the most practical and prophetic chart of national conduct ever drawn by the sagacity and provisions of man by Albert J. Beveridge in bis address at Carnegie Hall her today at a meeting under auspices of the Sons of Revolution, in celebration of Washington's birthday. "The Mayflower compact, the Declaration, the Constitution, the Farewell Address —these are the massive and solid corner stones of the enduring foundation on which the American people have builded their national well-being and security,” Mr. Beveridge said. "The Farewell Address states not only tbe final Judgment of Washington, but also the settled opinion of every one of that company of statesmen who, by bis side, strove to establish our republic and to make it imperishable—a group of statesmen the like of which the world never before saw or since has seen in a single country at a single times. Washington's final advice to America was the only policy on which all these unrivaled masters of statecraft ever agreed; on other questions they sharply divided; on this, and on this alone, all of them were in complete and militant accord. No such unanimity of judgment ever before or since, in any country or at any time, concluded the prolonged deliberations of the councils of the wise, for the Farewell Address was tha result or almost continuous consultation for nearly four years and at a period not entirely unlike phases of that from which the world Is now emerging. ALLIANCE WITH NONE, GREAT PLEA.
"The heart of this decalogue of Amerlcai ism is friendship for all nations, alliance with none. “Every word of the farewell address might have been written in 1921, so peculiarly applicable is that great' state paper to conditions that afflict the American people today. The gravest anti-American influence in Washington's time was foreign propaganda; it was in 1796 that he declared that foreign influence is one of the most baneful foes of republican government. From the very beginning America has been the most propaganda-ridden country in the world. From the very beginning every foreign government, to the exact extent that its interests were affected, and only as Its interests were affected, has sought to use the United States for its own advantage. It is vital that Americans bear in mind that foreign propagandists, no matter from what nation they come, always strive to advance foreign interests only, and never to promote American interests. "Within recent years tnat ancient process, which so alarmed and angered the poised, fearless and steady Washington, has been renewed with Increased power. Presuming on the circumstance that millions of American citizens are of German blood, the German government, before and during the war, spread Its evil propaganda through every channel of American life. When, at last, we realized that deadly peril to our national security, we crushed it beneath the heel of a mighty and righteous wrath. .JUSTIFIED BY EVENTS TODAY. "At no time since Yorktown has Washington’s prevision been more justified by events than it is today. At no time have we more needed to heed his warning against what he termed ‘passionate attachments' for some nations and ‘inveterate antipathies’ to others. “At no time have Americans had greater reason to observe Washington’s maxim that 'the nation which Indulges toward another an habitual hatred or an habitual fondness is In some degree a slave—a slave to its animosity or to Us affection, either of which Is sufficient to lead It astray from its true Interests.’ "At no time has his statement been more fully verified that ‘real patriots, who may resist foreign intrigue are liable to become suspected and odious, while Its tools and dupes usurp the applause ami confidence of the people to surrender their Interests.’ “At n time have the well-hellng and security of the United States more thoroughly required that every eitlzen of the Republic shall be American, wholly American and nothing but American—exclusively American in thought, exclusively American In sympathy, exclusively American In body, mind and soul, heart so overflowing with patriotic devotion that It can hold no other love. CREEFING INTO ALL CLASSES. "Swarms of foreign propagandists are creeping all over America delivering lectures, preaching sermons, giving Interviews. writing articles, cajoling those deemed influential with American public sentiment. They lDfest Ainerlean Journalism, are Invading American universities. bnve captured a section of that small but potent group called American ‘society.’ Worst of all, our common schools are being made culture beds of non-American ideas. “School histories have been written for our children which not only suppress or misstate vital facts, but actually set forth as historical truths recent European views of the origin, nature and mission of the United States. Most of our school histories are still fairly accurate, still predominantly American, bus some new ones —and an Increasing number—might well have been written at the direction of foreign governments.” The suggestion that Great Britain transfer to this country her possessions In the West Indies and British Honduras In payment of her indebtedness to the United States of about $4,500,000,000 was
DOG HILL PARAGRAFS
Little FldUy Flinders had to sit up until past bedtime last night as he didn’t get started on the all-day sucker the tin peddler gave him until nearly noon. Dock Hocks says he well recollects the old days when a fellow could go to the grocery store on Sunday morning, get a box of blacking that bud a scared dog on the label, and shine his own shoes in front and as far around both ways as he could reach. Frlsby Hancock has already had the veil of mystery of next August lifted for him, as ho has read In the almanac where that month was going to be hot with occasional thunder storms. a proposal made by Mr. Beveridge. The same suggestion was iwsd,e with regard to small French possessions In the SVest Indies, consisting of Martinique. Guadeloupe and St. Martin. These transfers would, according to the speaker, relieve Great Britain and France of a large part of their indebtedness and would bring to this country lands that are vital to our national interests. ALLIES HOLDING SPOILS OF WAR. “As spoils of war Britain acquired the most extensive territorial accessions in the history of conquest, while tbs other leading nations at war with Germany, excepting only the United States, vastly extended their territorial possessions. Moreover, Great Britain's hold on the world’s trade is greatly strengthened, while America’s situation as to foreign commerce is desperate. "Great Britidn ow ns most of the West Ip.cUes~-that chain of islands that guard the Gulf of Mexico; she also owns the Bermudas on our southeast and a small but strategic part of Central America, called British Honduras None of these possessions Is of the slightest value to her except as naval stations, and even as naval stations they are of no use to her except as bases for attack upon us, which is. of course, unthinkable. But these possessions are worth considerable to us as outposts of defense. "France, like Great Britain, has a farflung colonial empire— next to that of her mighty and triumphant ally the most extensive and profitable aggregation of dependencies on earth, in area much larger than the United States, Including all our territories and possessions. Insignificant items of her colonial possessions are her West Indian Islands, part of the chain most of which Great Britain owns. These islands are worthless to France, but of some value to us. Might they not be utilized, with mutual advantage to France and America, in the reduction of French Indebtedness J"
State Normal Branch Plans New Building Special to The Time*. MtJNCIE, Ind., Feb. 22.—Trustees of the eastern division of the State Normal School, In this city, will begin construction of anew building at once if the appropriation of $125,000 for the school is passed by the Senate and signed by the Governor. The bill has passed the House. The Institution is housed in one large building, which is inadequate. A science hall, library, gymnasium and a central heating plant are the chief needs at present. Last year more than 000 students attended the summer term. During the school year the enrollment was 1,658. Piles Charges, Saying Man Whistled at Her Special to The Times. COLUMBUS, Ind., Fob. 22.-;-Whlstl'.ng landed Walter Yeley in the Justice court at Hope on a charge of provoke. Mrs. Henry Barnes accuses A'eley of provoking her a few nights ago by whistling the call of “bob white” at her on the streets of Hope. A'eley pleaded not guilty and trial was set for AA'ednesday. Yeley is under bond on a charge of perjury, having been indicted after testifying before the grand Jury a few weeks ago. P'ormer Anderson Woman_Dies in China Special to The Times. ANDERSON, Ind., Feb. 22.—Dispatches received here Monday announce the death of Mrs. Hulda Eldridge Needham, formerly of Anderson, but of recent years a resident of China. Her early life was spent here. She was the daughter of the Rev. C. N. Eldridge, formerly a Methodist minister, and was widely known as a vocillist. After her marriage to Harold Needham she went with her husband as a missionary to China. Iler death was caused by pneumonia.
A HOOSIER BREAKFAST FROM THE FISPPBACK LINE INDIANAPOLIS KANSAS CITY
INDIANA DAILY TIMES, TUESDAY, FEBRUARY 22, 1921.
INDIANA JOINS IN CORN GIFTS TO EUROPEANS First Grain in State for Starving Children Loaded at Valparaiso. ILLINOIS COUNTY LEADS CHICAGO, Feb. 22. —The great “corn belt” of the Middle West has started today to do Its bit for the starving children of Europe. The first shipment of corn, the gift of farmers of Woodford County, Illinois, is on Its way to Europe. Approximately 2,000 bushels of corn was brought to Eureka by the farmers of Woodford County, on the first of several "gift corn” days planned in Middle Western States. Farmers were asked to give a half bushel of corn for every acre planted. Two carloads of corn were shelled and loaded yesterday and another carload was to be loaded at Eureka today. Approximately 1,500 persons turned out to aid in the loading. Cobs were sold at from $4 to $5 per load and the money will be used to purchase more "gift corn.” Eureka holds tiie honor of holding the first “gift corn” day. Eight other days are planned in Woodford County, however, and It is expected that sixteen carloads of corn will be donated. Indiana farmers began to load corn today at Valparaiso. lowa farmers will start loading next week. The movement is expected to spread to corn growing districts of Nebraska. Kansas and other Middle Western States. A total of 5,000,000 bushels, It is expected, will be given by the farmers. Nine rnliroads have agreed to haul the com to seaports free of charge and efforts are being made to obtain free steamship transportation to convey the com to Europe.
VETERANS’ BODY SEEKS MEMBER! Foreign Wars Organization Begins Drive. Veterans of Foreign Wars, an organization of men who have seen active service in the Army. Navy or Marine Corps in I war time outside the United States, hips j started a drive for members in Indiana, j with headquarters at 46 When building, j In charge of Arthur G. Greshaw. The organization has passed the ex- i periinental stage, having been in exist- j enc for twenty years, with posts es- j tabllshed throughout the United States j island possessions. Although recognized by the United ' States Government, It Is an independent j veteran organization and Is not military | In any sense of the world. By Joining a ; person does not assume any greater 11a- j bility to the Government than now rests ! on him ns a citizen. The organization is not affiliated with any other society or [ order of any kind, but is in matters of | legislation and welfare work and all pa- j trotlc enterprises. Has Hopes of Court Measure Passing Special to The Times. HARTFORD CITY. Ind.. Feb. 22 Representative J. F. Cronin of Blackford and | Weils Counties told his constituents here I Monday that In his opinion tho separate court measure for Blackford County would pass in the State Legislature this week. The county seeks a separate Circuit Court. At a men's meeting Sunday a resolution commending Representative Cronin's vote against the boxing bill was passed. Gas City Mayor Back Home After Jail Stay Ppectat to The Times MARION, Ind., Feb. 22.—Mayor Frank Lermlnaux of Gas City has returned home j and resumed the duties of his office, after j serving a four months' sentence in the Marlon County Jail for violation of an j Injunction in a strike of Illinois Glass Company employes. Judge A. B. Ander- I son of Federal Court imposed the sentence. Chief of Police Burgoon, who was sentenced with the mayor, also has returned. 400 Cops Guard Ward in Chicago Election CHICAGO, Fob. 22—An army of four hundred policemen and scores of heavily armed detectives patrolled the Nineteenth ward here today to prevent Impending riots In connection with the aldermanlc elections. Voters today are to make thdr decision between Alderman John Powers, In office for thirty two years, and Anthony D'Andrea, who Is attempting to unseat him.
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