Indianapolis Times, Volume 34, Number 295, Indianapolis, Marion County, 21 April 1922 — Page 9
APRIL 21, 1922.
TREE PLANTING OF GREAT VALUE IN MANY WAYS Arbor Day Takes on Significance Which Appeals to All Classes. I By KUHARD LIEBER. director of tJie State Conservation Department. Arbor day, designated in proclamation i by Governor Warreir T. McCray, as Friday. April 21. undoubtedly means more to Hoo-iers this than at any time in its history by reason of the impetus it gives to a well advanced movement to reforest Indiana's desolate and unproductive acres. After a period of indifference, Jur. ng which immense wealth in native hardwoods. the people, at last, realize that one of our Slate's greatest resources is near exhaustion. In addition to lack of timber, underground tables are receding, floods are most frequent, for lack of check by forests a* - headquarters, soil wash and erosion common, and land heretofore fertile, is now largely unproductive. Added to this, it has cost the people of this State, morethan a million dollars a year in freight rates to obtain the* needed timber from forests in distant States. SEI.USH NESS ( USE OF IT ALE. Pure prodigality and selfish interests to acquire fabulous riches through sacrifice of one of natui/s greatest endowments brought about this deplorable condition. Whereas the State's 22,000.000 odd acres f, rmerly grew gigantic forest trees, today we have less than 2,000,000 acres in growing timber, much of which is cutover and of modi, ere quality. The cut of this r.-a will not equal the cut of 50.000 acres f Virgin forest land. The woodland rea is distributed over the State aud in -mall tracts. Potential forest lands lie chiefly in the si iithern part of the State. It Is es
One of an Association of 40 Cash Stores jg|L “Jaunter” f: A Stunning Spring Coat for Young Men and Young Women 32 to 42 \ J Lined of all-wool, fine quality imported tweeds—silk trimmed. . A stunning style aud a stunning value — jgiPiP Golf Knickers Tweed Sport Suits Jyrl $5.00 S2O and $25 JA Regular SB.OO Values Cost a Third More In J|§ Downtown Stores. Hauger Clothes ' Foolish Wives," personality For 20 Years—First Block Mass. Ave. Jaunter Topcoat.
Statement of Condition OF THE Central Lite Assurance Society of the U. S. (MITTAL) DES MOINES. lOWA. _ 7th and Grand ava. * ON THE Slst Day of December, 1921 GEO. B PEAK. President. T. C. DENNY, Secretary. Amount of capital paid ap Mutual NET ASSETS OF COMPANY. Caah In banka (on interest and not on interest) $ 123.01fi.94 Real estate unincumbered.. 271,100.57; Bonds and stocks owned ■ market valu • 80,444.47 Mortgage loans on real estate :free from any prior incumbrance) 9.082,127.50 Accrued securities (Interest end rents, etc.) 294.74AA4 Prena. cotes and policy loans 1,588,281. A6 Premiums due from trees. dept 290.80 Premiums end accounts due and In process of collection 258.074.19 Total net assets *11,997.488.27 LIABILITIES. Dividend fund J 861.015.fil ‘ Reserve or amount necessary to reinsure outstanding risks 10487.150.87 Losses adjusted and not Acs 69A6C00 losses unadjusted and In Suspense 50.000.00 Bills, and accounts unpaid and medical fees 18.534.00 Other liabilities of the company 201.074.06 Total liabilities *l6 973.538.23 Surplus 1 023,95004 Total *11,967,468.27 Life companies: Maximum risk written t 25.000.80 retained by corn - pany 23,000.00 State of Indiana, Office of Commissioner j of Insurance. I, the undersigned, commissioner of In I earance of Indiana, hereby certify that the above is a correct copy of the state j ruent of the condition of the above men ttoned company on the Slat day of De t ember, 1921, as ahown by the original ( statement. and that the said original statement Is now In file In this office. In testimony whereof, I hereunto subscribe my came and affix cay caw ATI official seal this Ist day a* 1 April, 1922 T. H. lie MURRAY. JK. " ntif*~ig>
timated whole counties could more profitably grow trees, owing to the ro:gh topography, than to follow agriculture and dairying. The conservation commission, 'upon every opportunity, urged establishment of State forests and even privately owned forests. Some progress has been made, especially in favor of the latter. Through legislative cognizance of our rapidly diminishing timber stocks, private forestry j is now possible without high individual costs. A recent law permits classification of forest lands for assessment, at only SI.OO per acre and is promoting, to some exteut, reforestation. AKOISEI) PI'BUC SIPPORTS POLICT. An aroused public on learning that Indiana wood-using industries employ 70,000 people, are capitalized at $170,0/0,000 and produce annually products valued at $140,000,000, yet are forced to import all but 7 per cent of timber used, sees the wisdom of Stated-owned forests aud is slowly getting back of the movement. Many interests today favor purchase by the State, of thousands of acres of hill country, unfit for profitable agriculture, but ideal for growing hardwoods. In the course of national readjustment and equitable revision of markets, I expect to see the development of a comprehensive forestry policy and large State owned forests, because all thinkers admit that Indiana must soon start growing its timber, or generations to come must pay in health, wealth and happiness. By no deduction, can it be determined that the constantly increasing population will ever need less timber. The forestry problem of Indiana must be solved on the basis of public welfare. Under this I include such contributing factors as the recreational and, most important, the economical. In Arbor day there is deep sentiment, vitally necessary to arouse some to the need of a progressive forestry policy. The purpose, as conceived by its found ers, was to inculcate In youth a love and knowledge of trees. And it is the same youth who will need the Umber we ur gently seek to have grown. It Is the same youth, who, as the man of tomorrow, will find that an insufficient timber
Statement of Condition OF THE Stale Assurance Company LTD. HARTFORD. CONN. 73 Elm rt ON THE 84st Day of December, 1921 J. H. VBKELAND, President. Amewt ti eapltal deposit....B 200,000 90 NET ASSETS OF COMPANY. Cash In banks (an Interest and not on Interest) .* 61.753.82 Bonds and stocks owned (market valoe) 1,074.105 00 Accrued securities (interest and rents, etc ) 12,441.05 Ralnsarance due on paid losses 86.88 Premiums and accounts due and in process of collection. 97.022.61 Total net assets *1.245.378.34 LIABILITIES. Reservs or amount necessary to reinsure outstanding risks * 400.280.32 Losses adjusted and not due. 6,513.03 Losses unadjusted and in suspense 37.226.70 Other liabilities of the com pany 29,335.23 Tatal liabilities * 475.384.25 Capital 200.000.00 Burplna 572.014.00 Total *1,245,378.34 Greatest amount in any one rl,k * 50.000.00 Greatest amount allowed to be Insured In any one block ..? 50.000 00 State of Indiana. Offica of Commissioner of Insurance I, tbe undersigned. Commissioner of Insurance of Indiana, hereby certify that the above la a correct copy of the statement of the condition of the above men ttoned company on the 31et day of De cember. 1921. as shown by the original statement, and that tbe said original statement la now on file in this office In testimony whereof. I hereunto subscribe my name and affix my (UAL) official seal, this Ist day f April. 1922 T. fi
Chauncey M. Depew, at 88, Says World Looks Rosy Feels Like Colt', He Declares, and Sees Universal Peace Hope.
NEW YORK, April 21.—"1 see more hope for the future of the world on my eighty-eighth birthday than on any other birthday in the past seven years today, declared Chauncy M. Depew. who will be 88 years young Sunday. "I think that all wars will he stopped and that we are about to enter upoir an era of universal peace.” “I feel like a man of 48 years, and not 88." said Mr. Depew. “There is no such thing as age, if one doesn't think about it. I was never more capable of hard work than now, and if my birthday didn't fall upon a Sunday this year I should celebrate it by going to my office and working all day, as I have usually done.” Mr. Depew, who looks the picture of health, thinks the conference called by President Harding at Washington saved
stock is one of his greatest economic losses. Like youth. Arbor day looks primarily to the future. Asa people without children would be hopeless, so a country without young trees will become desolate. Arbor day suggests the beauty and gladness of the earth's awakening, as revealed in trees. It suggests thorough consideration of our country's needs which become more serious within a generation. Constant loss of trees can be redeemed only by a continuous planting of forest and shade trees. For many years the planting of trees on Arbor day was considered only from a cultural standpoint. Today, such work has great economic value in view of depleted timber stocks. The commercial aspect of Indiana's 600,000 school chit-
Statement of Condition OF THE Southern Surety Company DES MOINES. lOWA. Register-Tribune bldg. ON THE 31st Day of December, 1921 C. S. COBB, President. E. G. DAVIS. Secretary. Amount of capital paid up... .*1,000,000.00 NET ASSETS OF COMPANY. Caah in banks (os Interest and not on interest) *1.359.226 86 Real estate unincumbered.... 890,308.67 Bonds and stocks owned (market value) 1,546,204.21 ! Mortgage loans on real estate (free from any prior Incumbrance) 847,988.19 Accrued securities (Interest and rents, etc.) 07.708.H0 Collateral loans 126,287.93 Premiums and accounts duo and In process of collection. 1,404,400.61 Accounts otherwise secured... 226,607.87 Total net assets *6,007,093.81 LIABILITIES. Reserve or amount necessary to reinsure outstanding risks *3.366,121.74 Losses adjusted and not due.. 283,228.37 Bills and accounts unpaid.... 540,270.31 Other liabilities of the company 250,000.00 Total liabilities *4.458,620.62 Capital 1,000,000.00 Surplus , 554,374.99 Total *6,007.995.61 Greafeat amount In any one risk *1.400 000 00 State of Indiana, Office of Commlaaloner of Insurance. I. tbe undersigned. Commissioner of In. aurance of Indiana, hereby certify that the above la a correct copy of the statement of the condition of the above mentioned company on the Slat day of December. 1921. as shown by the original statement, and that the said original statement Is now on file In this office. In testimony whereof, I hereunto subscribe my name and affix my (•■Ale) official seal, this let day it April, 1922 T. ft UcMUBRAT, JR. ihamlitlraif
INDIANA DAILY TIMES.
the world from chaos and destruction, and he believes tbo Genoa conference is going to finish the ork by paving the way for universal pec Here are some of Mr. Depew’s philosophical observations based upon a long and healthy life: “If you wish to be healthy, do the things you don't want to do. 1 attribute my health to the fact that I always I gave up things as soon as I found they hurt me. I gave up smoking thirty years ago and quit eating red meat twenty-five years ago. “To me the world Is like a garden. You can’t pul! up all the weeds, but you can grow in it the things you like. “The more I study conditions today tn the world, the gladder I am that I am an American. There Is hope over here and a certainty of happiness.”
dren, each planting a tree on Arbor day, the total value of the wood from which in later years would be in excess of $3,000.000, looms big. Indeed Arbor day this year has more, economic Importance than probably any similar day !n our State's history. PYTHIAN SISTERS MEET. CONNERSVILLE, Ind., April 21.—Members of the Pythian Sisters frqni Lafayette, Rush. Union, Franklin, Ohio, Ripley, Switzerland, Dearborn and Decatur counties, constituting the Ninth District, met here In annual convention, Thursday. Mrs. Hattie R. Brown of Dana, head of the State organization was present, as were others prominent in the order, in Indiana.
Statement of Condition or THE National Hardware Dealers Fire Insurance Company HUNTINGTON, PA. 714 Washington st. ON THE 31t Day of Deoember, 1921 C. H. MILLER. President. W. P. LEWIS, Secretary. Amount of capital paid np Mutual NET ASSETS OF COMPANY. Caah In banks (on Intereet and not on interest) * 15,974.00 Bonds and stocks owned (market value) 173,808.00 Accrued securities (Interest and rents, etc.) 1.296.06 Premiums and aeceants due and in process of collection 03,876.95 Accounts otherwise secured.. 1,000.00 Total net assets * K1T,943.00 LIABILITIES. Amount due and not duo banks or other creditors....* 18,500.00 Reserve or amount necessary to reinsure outstanding risks 104,183.32 Losses udjusted and not due. 10,518.33 Losses unadjusted and In suspense 1 ! 16,487.93 Other liabilities of the company 6,588.76 Total liabilities * 155.278.64 Surplus 102.66436 Total * 257.948 00 Grentest amount In any one risk * 5,00d.00 Greatest amount allowed to be insured In any one b10ck....* 10,000.00 State of Indiana, Office of Commtseloner of insurance I, the undersigned. Commissioner of Insurance of Indiana, hereby certify that the above Is a correct copy of the statement of the condition of the above mentioned company on the Slut day of December. 1921. as stu vn by the original statement, and that the said original statement la now on (He in this office. In testimony whereof, I hereunto subscribe my name and affix tny (SEAL.) official seal, this Ist dsy e( April, 1922. T. ft. McMVRRAT. JR., Cornea kssloMa.
COMES TO AID GAS COMPANY RATE PETITION Chamber of Commerce Is Favorable if Facts Are Correct. A resotatlon expressing hope that the Citizens Tins Company be authorized to Increase its rates if the facts as set for h in its petition to the public service commission are found to be correct, was passed at noon yesterday by the board of directors of the Indianapolis Chamber of Commerce. The resolution follows: Although no member of the board of directors of the Indianapolis Chamber of Commerce desires to pay more for gas than Is absolutely necessary, and although we desire to have the city of Indianapolis enjoy the lowest possible rate for gas, It Is the sense of this board that the Citizens Gas Company should be authorized to Increase its rates
Florence Oil Cook Stove No watchful waiting in the kitchen that's equipped with a Florence Oil Cook Stove. No fretting and worrying about slow fires and poor draughts. The Florence Dll Cook Stovo Is ready for use day or night. Burns kerosene, a cheap and easily obtainable fuel. No wiokß to trim or dampers to adjust. Simple lo operate and easy to keep clean. Ail you have to do is to touch a lighted mat’ll to the asbestos klndler and quickly you have an Intense heat directed by powerful burners close up under the cooking The Florence Oil Cook .Stove will cook, bake, boll aud broil to the Queen's taste and do It with less care than any other stove. The beat can be regulated to quick, medium or gentle. Ask your dealer to show you the Florence equipment that s rm will meet your family re V Il| *J|l quirements. Some as low as ▼
Ingrain Carpets Cover yonr floors with lngrnin carpet. You haven't had such a chance in yours. Biggest stock In Iho .State to select from. We make, lay and lino without or extra charge. By the yard, only.. sl. Lo CASH OK CREDIT.
A Three-Piece Bedroom Combination that is hard to beat. Bed, Dresser and Chiffonier. For a room without a closet this is just fine. All the J® H/jp_sQ drawer space you want for your clothes to hang or fold. All pieces in Imita- msm^^9 ====z tion Oak and cost but H CASH OR CREDIT.
RQas Range Perhaps your Gas Range is not giving you good service. Gas comes high these days and it’s well to know you are getting full value for what it costs. We are making a special price on the kind of Gas Ranges that V ' are economical in the use of gas. We have them as low $39.75 • CASH OR CREDIT
Out oftie ttif/l Rut/ > District 33Si 313 W. Was A.
If the facts as set .'orth in its petition are founß by the public service commission to be eorrect. This company was conceived and organized as a civic enterprise, the profits of stockholders and their rights being limited by contract This company is not to be compared with the ordinary public utility company. It originated in a popular move by the citizens of Indianapolis to combat a foreign owned monopoly. For years the Citizens Gas Company served the public at a rate lower than any In the country. Dur people saved millions of dollars from 19t© to 1921, and one of the produest boasts of the city was Its low gas rate. Then came the war, with its unending train of economic complications. The company, through its profits on byproducts, continued a low gas rate, while the rates in other cities soared upward. For a year the by-products and especially ihe coke market has been non-existent or low. The rate asked for, when compared with other cities. Is not out of line. It has been suggested that a receiver be applied for. This suggestion ts without merit, and is altogether undesirable. The receiver's prime duty Is to protect the creditors of the company with service to the public a secondary affair. Quite recently the Federal Court has shown
PARK ALL DAY IN FRONT OF THE NATIONAL
THE NATIONAL GIVES QUALITY FIRST The Price Is An After Consideration
Regular Saturday Special Jumbo Bath Basin Here’s where you can give the baby a real bath. This Jumbo Basin is the deep shape, 20-quart capacity, 21 Voinch diameter, 51-3 inches high and is made of high grade gray enamel. A regular $1 value for—--49c SATURDAY ONLY.
Refrigerators f- =^gf IffjrißWTL B PP n 1 . You lose money, risk health and waste food every day you go without a refrigerator. Get it now and be prepared for those hot days that are bound to come. You can get a perfectly sanitary food saver of different ice capaci- d*n qq ties for different prices, some at yO*fO CASH OR CREDIT.
in the Ft. Wayne telephone case that its duty is to uphold rates bringing an adequate return to the investor. The principles Involved in this case were adjudicated by the United States Supreme Court three weeks ago in the New York gas case and were upheld in every point. It must be remembered that this company is not controlled through stock ownership by any small clique, but numbers over five thousand small stockholders entitled to a return upon their investment. We particularly urge the citizens and the Indiana public service commission to remember the long service at low rates which this company performed, and now that it has fallen on evil day# to accord It a sympathetic hearing. Struck by an Auto Alighting From Car Mary Orr, 26, 958 Edgemont street, was injured today when she was struck by an automobile, as she was alighting from a street car. at Northwestern avenue and Edgemont street. The automobile was driven by a woman who did not stop. Mrs. Orr was taken home.
Go-Cart pgk_ Baby ought to be outdoors / f these days. Get him a Go- f ,f * , l!{TrTb?itf(giy / / Cart. You will have a J jji' / / healthy baby if you do. An j/i # all reed cart, rolled edge, Va^2sT~7 large tired wheels for 1 .UU jKilrfl y CASH OR CREDIT.
Woman Brewer Goes to Prison SHELBY VILLE. Ind.. April 21.—Fur making home brew Mrs. Myrtle Harris of this city was fined SIOO and costs and sent to the women’s prison for 120 days. Officers raided her home and found nine pints of home-made beer. Hiller'# Antiseptic Oil, Known W Snake Oil Guaranteed to Rheumatism, Neuralgia, Etc. For Sale by Haag Drug Cos.
TAXI CABS Main 0805 INDIANA TAXI CO. Receipt Printing Meters
McDougall Kitchen Cabinets One reason why some housewives find so much pleasure in their kitchen work and some only find it a burden is that one uses a Kitchen Cabinet and the other one doesn’t. Be one of the happy, contented housewives by getting a McDougall Kitchen Cabinets now. It will add years to your life, and be a comfort to your family. You can get a McDougall for $36.00 CASH OR CREDIT.
Gold Seal Congoieum 89 c A YARD This is the genuine Gold Seal. Six feet wide. We measure, cut and lay without any extra charge.
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