Indianapolis Times, Volume 36, Number 229, Indianapolis, Marion County, 4 February 1925 — Page 4

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The Indianapolis Times „ ROY W. HOWARD. President. FELIX F. BRUNER, Editor. WM. A. MAYBORN, Bus. Mgr. & ■ Member of the Scnpps-Howard Newspaper Alliance • • • Client of the United'-Press and the NEA Service • • * Member of the Audit Bureau of Circulations. Published daily except Sunday by Indianapolis Times Publishing Cos., 214-220 W. Maryland St., Indianapolis • • • Subscription Rates: Indianapolis—Ten Cents a Week. Elsewhere—Twelve Cents a Week. • * • PHONE—MA in 3500.

In the multitude of my thoughts within me thy comforts delight my soul.—Ps. 94:19. Os all created comforts, God is the lender; you are the borrower, not the owner.—Rutherford. RICH MAN’S LAW, AND POOR MAN’S mHE mills of justice grind slowly, but they do grind. Within the past week, a court in New York has found Gaston B. Means and Thomas B. Felder guilty of a conspiracy to bribe an Attorney General of the United States and other public officials and have sentenced the former to two Atlanta Penitentiary and the latter to a SIO,OOO. fine. Another court in Chicago found Charles R. Forbes, former United States Veterans’ Bureau chief, and J. W. Thompson, an accomplice, guilty of conspiracy to loot public funds, for which they can be sentenced two years in the penitentiary and fined, though sentence is held up pending a retrial. Thus there comes to justice, the first of the group of men who under the Harding regime conspired to loot the United States Government, and who made that administration one of the black spots in American history. Court case? are under way against others. Harry W. Sinclair and Edward L. Doheny, who garnered the profitable privileges of exploiting the Navy’s oil reserves, and who advanced money to Albert B. Fall, former Secretary of the Interior, are facing trials in several courts on a number of counts. Fall is under indictment. Curiously, Means, Felder and Forbes are not rich men. Thompson is a wealthy St. Louis contractor, but not particularly influential. Sinclair and Doheny are not only rich, but are powers in the financial world. Their coterie of lawyers is one of the most skilful aggregations of legal talent ever gathered. Doheny, Sinclair and Fall are charged with practically the same crime for which Forbes, Means, Felder and Thompson were foupd guilty, conspiracy to defraud the Government. The public will watch with much interest the progress of these other trials, to see wherein wealth and power and legal ability can delay the slow gripding wheels of justice. Always, the public will be asking itself: “Is there one law for the petty culprit, and another one for the rich and powerful one?” It is a fair question, which time alone can answer. CRUEL SENATORIAL HUMOR iTTI O American yields to any other American in his reverence j for the United States Constitution. At least, we’ve never heard one yield. The only difference is that some talk more about it than others. Some continually defend the Constitution against imaginary attacks by imaginary enemies. There has been so much of this sort of thing in the United States Senate, for instance, that it is hardly possible any member of that serene body is unfamiliar with the provisions of the Constitution. Certainly all must understand those clauses that relate to the law-making powers of Congress. Congress passed a law to raise the pay of postal employes up to the point of “a living wage.” Coolidge vetoed this law. The Senate failed to pass it again over the veto. Now it has passed a substitute designed to meet the President’s ostensible objections, namely, that the original bill did not provide of itself the revenue to pay the increased wages. This bill, sponsored by Senator Moses, undertakes to raise $68,000,000. The postal clerks, desperate after their defeat by the President, joined in urging its passage. All but eight Senators voted for it. The eight are: Borah, Brookhart, Glass, Harrison, Norris, Norbeck, Underwood and Swanson. The eight remembered—as most, of the others must have remembered—that the Constitution contains the following: “Section 7, Article. 1. All bills for raising revenue shall originate in the House of Representatives, but the Senate may propose or concur with amendments, as on other bills.” The Senate must know that the only course for the House is either to kill this Senate .bill or else join with the Senate in bidding the poor postal employes into thinking something is being done for them. If the House follows the later course, Coolidge doubtless will veto the bill—this time for a real reason. If he joins in the kidding, the Supreme Court wjj.l have the killing to do.

WHAT DO YOU WANT TO KNOW?

You can get an anawer to any quesu°n of fact or Information by writing to Th># Indianapolis Times Washington Bureau. 1322 Kew York AvSTwashington D. C.. inclosing 2 cents in stamps for reply. Medial, legal and marital advice cannot be given, nor can extended research be sindertaken. All other questions jrill receive a personal reply Unsigned requesU cannot he answered. All letters are confidential—Editor I there any difference between the meaning of “porch" and “veranda”? i ( The Standard dictionary says a porch Is “a covered structure forming the entrance to a building," while the definition for veranda is "an open portice extending along one or more sides of a building.” Are there any women members of the British Pailia Jient? Lady Astor, the lichees of Athell, Mrs. Hilton Phillip jn and Miss E. Wilkinson are the four members of the present House of Commons. Has a half dollar dated 1795 any value? It is valued at from 75 cents to * IM - When was the last total eclipse of the sun? . On Sept. 10, 1923, visible as a total eclipse in the Pacific Ocean near Kamchatka, passing to the south of the Aleutian Islands, skirting and overlapping the coast of California, and passing through Lower California, Mexico, Yucatan, the Caribbean Sea, and ending at sunset near the Lesser Antilles. What was the Geneva Protocol? It was a protocol to outlaw war which was approved and adopted by the fifth assembly of the League of Nations, on Oct. 2, 1924. It pro-

vides for the pacific settlement of j International disputes. Basing the security of the world and its freedom from the crushing weight of armaments upon obligatory arbitration was the paramount conception of the representatives of the members of the League that made necessary the approval and adoption of the protocol by the League. Do bees harm the blossoms by sucking them for making honey? No. How many theaters are there in the United tSates? It has been estimated that there are at least 10,000. Did Johnny Dundee score a knock-out In his fight with Eugene Criqul in New York City in July, 1923? No, he won the decision, but did not score a knock-out. What are the gypsy names for lady and gentleman? Rrnl Is lady, and Ril Is gentleman. What Is Myopia? Short-sightedness, a form of ametropia due to the fact that the anteroposterior axle of the eyeball is too long. Parallel rays of light therefore are not brought to a focus on the retina, but In front of It, forming circles of diffusion on the retina. What 1 th* omnibus pension bill? A bill granting pensions to various privat# individuals who saw service in ware of the United States, b\3l who for one reason or

GREEK-TURKISH WAR NOW APPEARS ALMOST CERTAIN

Trouble Between -Two Nations Is of Long Standing, By WILLIAM PHILIP SIMMS fTyjd ASHINGTON, Feb. 4.—Only Vy, the most careful handling can prevent war between Greece and Turkey growing out of the present situation. Greece today is aflame over the expulsion of the Orthodox Patriarch, Constantine VI, from Constantinople, but the fire has really been, there, smoldering for months, burning hot and ready to burst forth at any moment. Ever since the Turks, under Kemal Pasha, annihilated King Constantine’s army across the Aegean in Asia Minor in 1922, and sacked and burned Smyrna, and massacred some and drove the rest of the Greek population out of the country, Greece has literally seethed with hatred for her foe. Nor is It the memory of the cataclysmic disaster over in Asia Minor that will hold them back now. For the Greek has yet to be discovered who will admit they were even beaten; They were betrayed, he says fiercely, betrayed by their king, his minister of war and his favorites at the head of the army. Never Defeated The king was exiled and the officials summarily shot,* and now the Greek feels free to take care of the Turk. "We have never been defeated on Greek soil," Colonel Gonatas, dictator of Greece, told me when I was in. Athens after.the coup of 1922. And he. turned his eyes significantly towards the East, where lay the Turkish frontier along the Marltza, dividing Thrace. The Turks, be it said, return the Greek sentiment fully. The Lausanne treaty, which liquidated the Greco-Turkish .war, had a provision annexed to it*by the Parke whereby all Greeks living in Turkey were to be sent back to Greece, and all Turks, living in Greece, were to be sent back to Turkey. This worked tremendous hardship on the Greeks. They had been thriftier and harder workers than the Turks and had more property to abandca. It was a good trade for the Turks, however, so they Insisted. Greeks in Constantinople In Constantinople there are many prosperous Greeks, many of them lawful Turkish subjects. But alleging Greek .cruelly in western Tnrace to Moslem residents, the authorities announced they would confiscate the property of all Constantinople Greeks, whatever their legal status, and chuck them out of the country. Another good deal for the Turks. In Asia Minor lived more than 1,000,0f0 Greeks, some of whom dated back to the days of Christ. Most of them have been there since before Columbus discovered America, and though they still called themselves Greeks, Asia Minor t was much more their home than the United States is today to the descendants of the original colonists. But out the entire million had to go. Turkish officials—lt is admitted in Angora, the capital—took over some of the best of the deserted houses, others were destroyed for fuel, while the remainder were given over to Turks returned from Greece. Black History Page This whole episode of uprooting Greek and Turk from the only land they ever knew and swapping them back and forth like cattle as demanded by the Turks, is one of the blackest pages of the already black history of the Near East. Naturally the Greeks are wild. At Yedicule, for example, 2,000 fairly prosperous Greeks were suddenly and almost without warning, arrested in their homes, at their places of business and even In the streets and herded into a concentration camp for deportation. Only the League of Nations, to which the Greeks appealed, saved them temporarily. Constantine VT was only recently elected Patriarch by the Greek Holy Synod and his expulsion from Constantinople was not unexpected. The furore it has stirred up In Greece, therefore,' is merely symptometric—just another straw that may, or may not, break the dromedarian back.

another are debarred from pensions because of some point in existing laws which makes it impossible for them to prove up a claim. It Is called an "omnibus” because In it are consolidated a large number of separate private bills of this sort, lntrodbced by various members of Congress. By whom was “Fools of Fortune” written, and when and by whom published? By John Philip Quinn. Published by the Anti Gambling Association of Chicago In 1892. By whom and when was the world’s diving record made? The Navy Department says that Frank W. Crilley went to a depth of 306 feet at the time of the raising of the F-4 at Honolulu. This is the World’s diving record. What State produces the largest amount of silver? Nevada. Why Is it easier to swim in salt water? Because salt water Is heavier than fresh water, thereby making the human body comparatively lighter or more buoyant. Has there ever been a dirigible made that could rest on water? During his early experiments Count Zeppelin made such a dirigible, but it was not found to be practicable. Is there any way to strengthen the grip of the hand? Yes. A special apparatus In the shape of a dumbbell is made. It can be bought at any sporting goods storu

•mE lI>IANAPOJAS TIMEo

RIGHT HERE IN INDIANA By GAYLORD NELSON

Failures SHE Washington St. traffic towers have winked their baleful, choleric eyes for the last time. After two years’ trial they have been adjudged failures and yesterday the board of safety ordered them down. v Their passing may cause a twinge of regret to antiquarians Intent on preserving the monthey have closed NELSON their eyes and will soon bite the dust, to be superseded by flat-footed human semaphores, a real advance is made th downtown traffic control. Mechanical regulation will always be important in directing traffic. Automatic signals are the only practicable devices for the purpose outside of the congested downtown section. Before any tpore are Installed, though, It would d>e well to adopt a uniform type. Constant experimentation with different contrivances doesn’t bring order out of chaos In our traffic, but worse confounds it. On busy downtown corners, a man with a. ten-cent whistle between his Ups will more effectively handle the situation than any mechanical contraption. Those corners don’t need uniform devices but uniforms. Zeal mUDGE JAMES A. COLLINS, in Criminal Court Monday, rebuked officers who entered a house during the tenant’s absence and confiscated a, quantity of liquor. They had a search warrant, but found no one on whom to serve it. Therefore they entered with a pass key and conducted the search. "You /fellows have no more right to enter a ho ise illegally than any one else,” commented the judge. "You can enter a house without

Telling It to Congress TEme Will Tell The increasing benefits of a sober man hood and a temperate Nation are so manifest that each succeeding year will see an increasing host who will hall the writing of the eighteenth amendment into the Constitution of Bur nation as the greatest act of any people anywhere on the face of the earth.—Representative Hudson (Rep.), Michigan. The Bugaboo Latterly every piece of legislation, every proposed change of policy, evoking the antagonism of “Big Business” is denounced as socialistic, communistic, bolshevistic, inspired if not directed from Moscow. —Senator Walsh (Dem.), Montanna. Answering Questions The Bureau of Foreign and Domestic Commerce has answered inquiries and requests for information from business men at such a rate that the number handled dally has risen from about 700 in 1921 to almost 7,000 dally at this time.— representative Byms (Dem.), Tennessee. Lots of Money The Treasury closed the fiscal year 1924 with the largest surplus in the history of the Government. Total ordinary receipts during the year aggregated $4,012,044,701 and total expenditures chargeable against such receipts were $3,506,677,715, showing a surplus of $505,366,986. — Report of the Secretary of the TreasuVy. The Main Stay It is universally recognized that the future of American industry and transportation is dependent upon the use of electric energy, and that in the production of such energy water power should be used to the full extent of Its economic feasibility.—Report of the Federa'. Power Commission. Tom Sims Says Senator wants us to put 2-cent stamps on post cards. Let’s make It a dollar on vacation post cards. We can’t recall a single recent instance where a woman shot at her husband and missed him. Christmas savings clubs are prospering, but some can’t save for next Christmas because they are saving Dor las': Christmas. Jack Dempsey, former pugilist, says In Los Angeles he eats sauerkraut pie, probably buying used ones cheap from movie comedians. Isadora Duncan, peeved dancer, says she wilt tell all she knows. We wonder how long It will take. Footprints made by an lguanadon, age 8,000,000, have been found In the Brloni Islands. We hope he keeps out of crossword puzzles. Soprano radio singers sound like an eye, ear, nose and throat case. Cooking tips, too often for us, are just asparagus tips. Many cases of spring fever are seen In the middle of Winter. Gray hair dyed black is the height of gilding the lily. Being desperate is a streak of luck when use# properly*

serving a search warrant only In case of a felony." Perhaps that’s simply an exhibition of Judicial hair-splitting. The officers’ zeal pulled the claws of one blind tiger that might otherwise have escaped. However the inviolability of a person’s home—ecept by legal process —ls recognized by . the constitution. The principle required centuries of bloody conflict to establish. On it rests liberty and personal security. It seems hardly worth while to throw the old safeguard into the ash can even to suppress liquor violations or any of the newer high crimes and misdemeanors. Excessive zeal of law enforcement officers—with all sorts of crime—frequently leads them to violate sacred personal rights established by society at great cost. Such zeal is more damaging than the: crime it seeks to check. Guests A r ~~~‘ BILL to permit the Indianapolis city council to appropriate SIO,OOO annually for entertainment of the city’s distinguished visitors will soon be presented to the Legislature. To an individual family, guests are Inconvenient when there is nothing in the house to feed them except well-gnawed soup bones and platitudes. Hospitality then Is spreed and the guest feels the strain. Such has been the predicament of Indianapolis on several occasions. Sooner or later the great and the near-great visit here. They can’t well avoid It, for the clt yis irresistible. Yet no regular provision is made for their suitable entertainment. Os course, entertainment of the near-great can safely be left to hotels and similar agencies. By long experience they know how to make visits memorable to the guests. But welcome to important personages Is a civic event—a large scale municipal undertaking. At present the city can’t even don a clean collar or wash behind Its ears for distinguished company except by private subscriptions. A regular entertainment fund would relieve embarrassment. However, rho fund itself might be a source of embarrassment. Who shall determine what visitor is sufficiently distinguished to warrant expenditures from It? Will a straw vote decide or will the two chairmen of the Republican city committee? Repeal EPRESENTATIVE CLAREMONT R. SMITH has introduced Into the Legislature a measure to repeal the 1921 act under which cities can adopt a commission or manager government. A legislator Is presumed to serve the people, so doubtless the repeal move is in response to a popular demand. Perhaps. However, the author of the repeal bill said: "Mayor Shank knows a strong organization Is aigalnst him and he could never be elected again, so he’s taking the commission Idea to continue In power. This bill, if it becomes a law, will stop him." That’s a fine motive for seeking to repeal a State law! The opposing gangs of city politicians have fought over the prostrate carcass of city government. They have carried their feud to the State Supreme Court, and now to the Legislature. What’s all the uproar about? The only point at Issue is what group of politicians will control the government of this city for their own private interests. At no stage has public welfare been considered. Municipal politics In this city has sunk to the level of a grog-shop brawl for possession of a painted woman. Is the average citizen pleased with the spectacle? If not he can change It—he has the vote. Income Tax SHE revenue act of 1924 provides that the basis for determining taxable gain or deductible loss from the sale or other disposition of property acquired Feb. 28, 1923—the first income tax law became effective March 1, 1913 shall be the cost of such property with certain exceptions. The first is that if the property should have been included In the taxpayer’s last inventory, the basis shall be the last Inventory value thereof. For example, If a merchant In 1923 bought a certain article, and It was not sold by him prior to Dec. 31, 1923, but was Included in his inventory as of that date, the taxable gain or deductible loss would be the difference between the selling price and the amount at which the article was carried In the Inventory. .If the property was acquired by gift after Deo. 31, 1920, the basis shall be th/a same as It would be In the hands of the donor or last preceding owner by whom it was not acquired by gift. For example, a man In 1921 bought stock in a corporation at SIOO a share, kept it until Jan. 1922, when It was worth $l2O and then gave It to his son who in 1923 transferred it to his wife, the stock then being worth $l5O a share. If in 1624 the wife sold the stock for S2OO a share, her taxable profit is not SSO but SIOO a share, the gain over the cost to the last preceding owner who did not acquire the stock by gift. In computing the gain or loss from the sale or other disposition of property acquired by gift or transfer in trust on or before Dec. 31, 1920, or by bequest, device, or inheritance, the basis shall be the fair market price or value of such property at the time of acquisition. For example, a taxpayer received In 1919 a gift of real estate having a fair market val ue of SIO,OOO which he sold in 1924 for $15,000. The original cost to the donor in 19.16 was $12,000. The taxable gain, however, is $5,000,

Today’s Little Worry- —Economy

/ ECONOMISING IN THS. j —, JIL amount they wear v ttoo much economy*/

California Split Into Warring Factions

BV Times Special SACRAMENTO, Feb. 4. The abiding hate between North and South In Civil War days was hardly more tense than the hate that is parting northern and southern California into two warring camps. Were State separation possible under law, the Golden State would probably have a movement afoot to part company at the Tehachapi Pass, but there Is no legal machinery for division, and the two parts of California are living lives as loving as two Kilkenny cats with their tails tied together. In the last twenty years Los Angeles has grown from a little city of a hundred thousand to a million souls. With her six hundred thou-

The Man Who Started Fight on Stone

Times Washinaton Bureau, IV£2 New York Avtmue. ASHINGTON, Feb. 4.—When \X/ Burton K. Wheeler, Montana JLLJ Senator, is being attacked, as when Burton K. Wheeler is attacking someone, other characters In the national political melodrama tend to get squeezed out of the spotlight. So it happens that the man Who made the original protest against the elevation of Attorney General Harlan F. Stone to the Supreme Court bench has been lost sight of in the lively shuffle that has followed Stone’s effort to have Wheeler Indicted In the District of Columbia. But Stone’s original protagonist Is still in Washington. He proposes to remain here, he says, until Stone’s nomination is either rejected or confirmed by the Senate. If Stone is confirmed, he says, he is going away, not only from Washington but from the United States. "I’ve lived in the United States seventy-one years—that’s how old I am," he says, "but if that is Ameri-

CITY MANAGER

To the Editor of The Timet Is there not more than a chance that a movement for anew form of municipal government would be hindered by too positive, rather, too prominent advocacy by various clubs or associations? If the movement is to be big enough to absorb all clubs and associations, so generally, indeed, that their organized Gimme By HAL COCHRAN Say, where Is the man who’s a smokin’ dub, who doesn’t belong to the gimme club? Whene’er a guy’s smokin’. It’s habit to hatch that famous expression, “Say, giihme a match.” He’ll take his tobacco from out of a bag and load up his pipe or perhaps roll a skag. He’s set now to puff but it wouldn't be right to forget that he shortly* is beggin’ a light. You really would figure that matches were high and quite out of reach of the everyday guy. But that’s not the case for, In truth, they are cheap but seem to be something a fellow can’t keep. It's “gimme” at morning, and "gimme” at night. It always is “gimme” or "Who’s got a light?" ’Tis easy to ask, for the guy who woi Id smoke. But to folks whom he begs off it’s far from a joke. For instance, it seems that it wo#ks out this way: You may have some matches to last through the day. And then other people will borrow from you until they have got yuo a-borrbwlng, too. & Is (Copyright, 198#, NBA Service, InoJ

sand Republican votes, She can de-. feat Governors, flash presidential hopes of favorite sons and raise particular Ned at every election. She’s a big girl and has big ambitions, but without reapportionment she can’t control the Legislature nor have a deciding hand In making laws. And the north,, by a combination of the big valleys and- cbSmopolitan San FrahCiseo, has hlocked reapportionment for two sessions. Los Angeles has a kick coming and has raised the cry of "taxation without representation.” But so has the North. The lawmakers Los Angeles has been sending up are out of step with what Is generally tailed tho "California tradition.” They want to make harsher criminal laws

can justice I’m going to move to Canada. I’ll say I couldn’t help being born in an unfair country, but I don’t have to die in it” 1 The old man Is James A. Ownbey. He can be found in a room at Congress Hall, a hotel that houses upward of a hundred members of Congress. Spread about on his bed, his dresser and the floor are letters, telegrams and court documents which he believes supports his contention that he was the victim of unethical practice on Stone’s part some years ago, when Stone was attorney for J. Pierpont Morgan. A huge suitcase leans against the wall, bursting with more such papers. Not Liked Yet Ownbey, gray and grizzled, with sharp curved nose and long mustache, has the look of a plainsman of the old days, an Indian fighter or Army scout. He has been fighting his present battle for a good many years and asserts that he Isn’t licked yet. His story placed before the subcommittee of the Judiciary Committee of the Senate, as well as he

participation would be lost In the popular demand, as It must be to be worth while, - the various bodies could well be in it merely as citizens. In other cities the too forward attitude of various bodies has “spilled the beans.” When one looks into it, he is inclined to be convinced that in matters which are for popular self-gov-erment "blocs” are out of place. Indeed,* we had that fact demonstrated last year, until now you do not read statements dally from Washington about what this or that bloc Is all too assertive in promulgating its decision on phases of govemment. In short, what Indianapolis almost shrieks for is a democracy government. Many who would join such a movement very likely would lose interest If this or that or another organization* through Its officers became too conspicuous In the limelight. Could there be a more humorous -phase of the discussion of the proposed changes In the form of government than that in the argument of the evil influences sought to be left high and dry outside are taking charge of the movement for a change? Years ago the Indiana ‘State chairman of a political party which was defeated at an election was asked how It happened. “Damn ’em, they bought us,” he Is reported ,to have replied. And so It seems that Indianapolis haa come to thinking of the bad fellows in city politics as too strong to be excluded from the new government Better have Jadge Anderson back and get in the habit, of mirtd Ttfrre Haute waa'in, that he alone could, chaae away the bugaboo*. - - m

WEDNibbDAi, EEL. 4, i9zs

and repeal labor legislation. The <North says Constitution or no Constitution, these laws must be protected. '■ The bitterness of Los Angeles expresses itsel fin every roll call, but It is not stopping there. Although temperamentally opposed to direct legislation, she is turning to the Initiative as her only hope. A secret organization, packing a $500,000 sack, is busy in'Los Angeles, sworn to defeat by referendum .everything the North gets from the Legislature and to get by initiative everything the North denies her. This includes, first of all, reapportionment. For years Los Angeles has been trying to break the initiative and referendum. This session ncr such attempt is being proposed.

could present it through those Senators who listened to him, did not convince the sub-committee. The committee voted to recommend Stone’s confirmation. The Wheeler incident, however, has given him time to prepare his case to re-submit to the committee and, with the aid of a law student, he is doing this. Ownbey’s case, as he explains it, is to the following effect: A good many years ago he interested the elder J. P. Morgan in a coal mining property in southern Colorado. Morgan loaned his company $150,000, the contract specifying that it was to be repaid out of the surplus earnings of the company. Following Morgan’s death, the heirs, J. P. Morgan Jr., Herbert Satterlee, Morgan’s son-in-l&w, and others, brought suit In Colorado to collect the money alleged due. This resulted in throwing the company into the hands of a receiver. Suit in attachment then was filed in Delaware, in which State the coal company was incorporated, and Ownbey’s stock in the company was seized. The action was brought by the law firm of Satterlee, Canfield * Stone. The Stone in this firm la the present attorney general. I Statute Is Odd The statute under which the Delaware action was brought was a peculiar one. It has been a part of Delaware law since the early colonial days, being based on an ancient London custom. The Morgan attorneys indorsed on the back of their petition for the writ of attachment the sum of $200,000 as the amount of bail they wished fixed. Ownbey appeared in defense of the action, but was unable to furnish the bond demanded. His attorney sought to have the securities which had been seized serve as the guaranty of his appearance. Under this statute, however, the court held that not having furnished the $200,000 bond, Ownbey had not technically put in his appearance and so gave judgment against him by default. His stock in his Colorado coal mining company was ordered sold and was bought in by the Morgan heir*. In the meantime, the case has been appealed and the court’s finding sustained by the Circuit Court of Appeals. On appeal then to the United States Supreme Court the case for the Morgan heirs was t rgued by Harlan F. Stone. There again the Morgan heirs won, though Chief Justice White and Justice Clarke dissented. Incidentally, the Delaware statute has since been repealed. The view taken by Senators who have studied Ownbey’s case is that Stone waj not guilty of unethical conduct, though some of them have condemned the Delaware statute as lending itself to gross injustice. The Colorado receivership resulted in a victory for Ownbey, but in the mean time, he claims, he was deprived of hi interest in the Colorado coal con ei*. the value of which he' puts at the. total value of the com-