Indianapolis Times, Volume 38, Number 216, Indianapolis, Marion County, 15 December 1926 — Page 11

Second Section

SWITCH OPEN; TRAINS CRASH; THIRTY HURT * ' - ■— . , u ■ ■■■

MIESSE DECLARES GOVERNMENT COST IS BEING REDUCED Decrease of $1,588,914 in State —Marion County Figure Lower. How the cost of government is be lng reduced In Indiana was shown In a statement issued today by Hur ry Mlesse, secretary of the Indiana Taxpayers Association. It was pointed out that budgets for all units of government, including townships, cities, towns, counties and the State, showed an Increase in 1923 of $10,160,149, or 8.38 per cent over the previous year. In 1924 the Increase was $2,366,687, or 1.91 per cent. For 1926 there was an increase of 2.29 per cent, amounting to $3,000,884. In 1926 there was a decrease of $1,688,914, or 1.18 per cent. The State of Indiana lowered its levy for State purposes 6 cents. Sixty counties in Indiana report lower levies -.for county purposes than were in force this year, and thirty-two counties show increases. Examination of county budgets shows an increase in Lake County of $1,389,469. Other notable increases are: Vanderburgh County, $137,966; Knox, $91,338; Posey, $87,927. The budgets of the following counties show material decreases: Marlon, $1,029,325; Vermilion, $145,092; Randolph, $139,296; Allen, SIOO,173. By State Board "In 1926 the State tax board reviewed tax levies In ninety-five taxing units and made reductions amounting to $1,639,187,” Mlesse explained. "In the year the board approved bond issues amounting to $2,252,367, and disapproved issues amounting to $2,012,403. Bond issues disapproved were: county unit roads, $887,163; county bridges and buildings, $100,000; township roads, $687,260; township schools, $275,000; cities and towns, $20,000; civil cities and towns, $43,000. "In some counties where there have been increases in budgets and higher rates levied for the coming year," said Mlesse, “there were large balances left in some funds and wholly unnecessary expenditures proposed as drains on other funds. In practically every county where the taxpayers organized or took an interest in their own affairs, the cost of government has come down through lower budgets and decreases in tax levies. All of the work in obtaining lower governmental costs cannot be done by public officials. The Indiana law gives the taxpayer the privilege of scrutinizing the budgets and questioning proposed levies. Reductions Shown Reductions are shown in the following counties, as compared with the 1925 levies: Adams, $50,164; Allen, $100,173; Bartholomew, $31,776; Benton, $2,992; Blackford, $3,783; Boone, $16,860; Brown, $10,877; Carroll, $11,269; Cass, $89,301; Clark, $31,676; Clay, $1,896; Clinton, $91,588; Crawford, $8,227; Daviess, $25,871; Dearborn, $61,617; Decatur,, SB,889; Delaware, $263,183; Dubois, $22,805; Elkhart, $35,547; Fayette, $31,687; Floyd, $122,023; Grant, $183,073; Greene, $13,679; Hancock, $12,770; Harrison, $182; Hendricks, $67,605; Howard, $113,680; Huntington, $95,950; Jackson, $50,265; Jasper, $33,558; Jay, $24,962/Johnson, $67,514; Kosciusko, $16,493; La Porte, $25,006; Marlon, $1,029,395; Monroe, $15,632; Morgan, 28,244; Ohio, $20,108; Orange, $58,097; Owen, $36,105; Parke, $26,710; Perry, $17,091; Pike, $38,407; Porter, $35,998; Pulaski, $34,101; Putnam, $64,878; Randolph, $189,296; Ripley, $45,366; Scott, sll.--596; Steuben, $25,926; Switzerland, $16,692; Tipton. $12,068; Vermilion, $145,092; Wabash, $161,032; Warrick, j $34,372; Washington, $8,696; Wayne. $26,97#: Wells, $134,465; White, $2.6. 572; Whitley, $46,035. The following counties increase their rates: De Kalb, $4,412; Fom tain, $30,307; Franklin, $34,643; F; ton, $29,787; Gibson, $58,845; Ham ton, $37,247; Henry, $3,569; Jefferso $3,813; Jennings, 1,387; Knox, $9 338; La Grange, $6,171; Lake, $ 389.459; Lawrence, $21,757; Madisn $159,356; Marshall, $21,510; Mart $15,512; Miami, $11,040; Montgomei $772; Newton, $1,863; Noble, $23,r Posey, $87,927; Rush, 1,698; She $53,103; Spencer, $9,033: Starke, 877; St. Joseph, $3,963: Sul!, $88,602; Tippecanoe, $72,699; Ui $2,241; Vanderburgh, $137,966; \ $46,986; Warren, 6,436. 3 TWO ~MEN DIE IN FI. Another Injured When Oil Stove pi odes in Barn. Hti V nit nil Press ELIZABETH, N. J., Dec. 1„. ■''wo men were burned to death a another was severely burned tod when an oil stove exploded in n b.u on the farm of William Anslen nee here. The dead: Steven Brown, and Joseph Hart, 30. Joseph Ger. tin, 49, of Boston, was burned try into rescue the other two. ELEPHANT CAPTURED Bv United Press GARNETT, Ka.s., Dec. 15 —Dia mond, the six-ton elephant that frolicked five days through as many Kansas counties while hard-ridin; possemen vainly sought to capture him, was back home at "Hono Bill” Newton’s barn today. Tl. elephant, whose trail through Kan ■as is marked by broken fences dead pigs, frightened farmers and terrified live stock, was cornered near Kincaid late Tuesday and submitted willingly to two veteran ele phant men.

Will Speak Before

Arnold Beimel itan The Indiana League of Women Voters wil hear Arnold Bennet Hall, resident of the University of Oregon, at a meeting in the Chateau room of the Claypool hotel Monday. COOLIOGE NOT SO TROUBLED BY HIS ‘LAME DUCK’ LIST Many of Defeated Republican Senators Already Have Jobs. Timm WasMnoton Rtirrnu. ' lii ’ Sew York Arrnue WASHINGTON, Dec. 15.—President Coolidge may not have so much trouble after all in finding Jobs for Republican Senators who were d*| seated In the recent elections ana primaries. At least two, Ernst, of Kentucky, and Lenroot, of Wsconsln, have indicated they intend to resume their law practice. At Top of List Ernst and Lenroot stood at the top of the list of Senators the administration was expected to "take care of;” a quiet movement had been started in their behalf. Both have informed their colleagues, however, that they are not aspirants for presidential appointments. Senator George Wharton Pepper of Pennsylvania will return to his law practice, too. Plans of Senator James W. Wadsworth of New York have not been announced, but Wadsworth is extremely wealthy and a job is not necessary. Senator John W. Harreld is an Oklahoma oil millionaire with extensive business interests back home. Plums For Two Efforts may be made to find places for Senator Ralph H. Cameron of Arizona, and Rice W. Means of Colorado, neither of whom are wealthy. Cameron is a dependable member of the old guard group and his senatorial colleagues feel the Administration should find him an appointment if he wants to remain In Washington. Senator Means has served only two years in the Senate and was not as closely identlfld with the Administration regulars as was Cameron. The International Joint Commission, a favorite place for defeated Senators, now is filled, former Senator P. J. McCumber of North Dakota having received the last appointment. Senator William M. Butler, Massa chusetts, whose re-election th? Presi dent personallly urged, will continue, for the time being at least, as chair man of the Republican National Committee.

nvrf His Friends

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The Indianapolis Times

ROBBERS SMASH 2 WINDOWS AND FLEE WITH LOOT Second Downtown Job in 24 Hours —Sax and Trumpet Carried Off. Widow smashing Is becoming among the most popular outdoor winter sports, police believed today after two thefts by that strong-arm method had been reported Tuesday night. One of these was downtown, the second such Job in tho retail district during the last twenty-four hours. Sergt. John Volderauer and emergency squad rushed to the FullerRyde Music Company, 27 E. Ohio St., at 3:35 this morning, but a bandit who had smashed a show window had escaped with a trumpet and saxophone valued at $225. The falling glass caused $76 damage to other instruments in the store, according to J. B. Stear of the company. The show window at the Schlusser Meat Market, 2858 Clifton St., was smashed during the night, and $lO worth of meat taken. O. E. Felts, 821 Congress Ave., manager, said the glass was valued at S6O. Monday night a window smasher obtained jewelry valued at SB6B at the Hamilton Jewelry store, 3 N. Meridian St. Seen By Welder Austin Selch, 452 . Warman Ave., welder for the Indianapolis Street Railway Company told police that he was working at Pennsylvania and Ohio Sts., when he heard the falling glass at the Fuller-Ryde store, and by the time he removed his working helmet, he saw the man run south in the alley near the music store carrying an arm load of Instruments. Selch said he ran south on Pennsylvania to Wabash St., and saw the man get In a parked auto, drive west to Meridian St. and turn r\orth. One person arrested after an auto ci-ash was held in connection with the Investigation. Police sought another man who fled from the scene Os the accident at New York St. and Bradley Ave. Police said the man and car answered description of the man and parked machine. Burglars entered the home of Sheridan Hawkins, 5844 Julian Ave., by using a master key and stole three gold pieces, a ring set with two diamonds and a garnet and two revolvers, all valued at s9l. Dog Stolen E. L. Lockwood, 4173 College Ave., reports his English setter dog, valued at SSOO, stolen.' Andrew J. Blake, proprietor of a barber shop at 1544 N. Illinois St., opened up for business today and found he was without the necessary tools. A burglar broke a glass In a rear door during the night and stole barber tools, clothing and $2 In change, all totaling $l6B. Mrs. Frank Bruse, Apt. 214, Sixteenth St. and Central Ave., told police a burglar took clothing and Christmas presents valued at $135. DRINKS MURATIC ACID Contents of Jug In Ex-Saloon Injures Man. fly United Press BELDING, Dec. # 15. George Reese, who drank muratlc acid by mistake, is recovering from severe Internal burns at his home here. Reese, who was working on the excavation of a building which housed a saloon In the “days of yore,” became thirsty and took a drink from an old jug he found in the ruins. The inside of his mouth and stomach was seriously burned, but his condition Is not serious, phylclans say.

Mud Hole Mav Block Auto Traffic

Tho mud hole at Ethel and Udell Sts., which taxpayers say they cannot get repaired.

Walks Impassable at Udell and Ethel Sts., Says Resident. ''Help!” This cry comes from Samuel A. Johnson of 520 Udell St., who lives at the Intersection of Ethel St. A mud hole at the end of the paving on Udell St., has overrun the sidewalk, and with winter rains occurring frequently, Johnson says the walks are Impassable. Enterprising neighborhood children have attempted to fill the hole with boxes, brooms, hoops, cans, bottles, and what-not, the result being that automobile passage will soon be a thing of the past. "Won’t the city fix the street?" Johnson asks, ‘‘before we are ‘mud bound’ for the winter.’ 2 DRIVERS FACE HIT-RUN CHARGES Three Persons Injured When Train Strikes Auto. Two alleged hit-and-run drivers faced charges of failure to stop after accidents in municipal courts today. Lieut. Frank Mallory, stationed at Ft. Benjamin Huarrison, was charged with striking Athol Witt, 36, of 2854 N. Dearborn St., at 200 Massachusetts Ave., Monday. In addition to the failure to stop charge. Jake Chlnzon, 26. of 1052 W. New York St., was charged with intoxication, driving an auto while Intoxicated and reckless driving. He is alleged to have driven his auto into parked autos of Clifford Mills and Joseph Minsky, both living at 766 Concord St., Dec. 4. An auto driven by Harry Halfacher, 39, of 448 Bethel Ave., was struck by Pennsylvania passenger train No. 319. in-bound from Louisville, Ky., late Tuesday at the E. Raymond St. crossing. In the auto with Halfacher were his wife, Ines, 30, injured about the head, and Mrs. Rose Maohan, 57. Paragon, Ind., slightly injured about the face and body. Halfacher was seriously injured. All were sent to the city hospital. A truck driven by Joe L. Ross. 2905 Central Ave., and a Peoples motor coach, driven by Don *Oden, 23 8. Irvington Ave., collided at Alabama and Market Sts. Frank C. Ross, 33. of 2905 Central Ave., on the truck, was cut about the face and sent to city hospital.

-Bv Rlosser

‘Only Jesus Saves, ’ Motto Where Saloon Once Stood

0& , - Jk&xt ■c~ ttto *** *** *‘ '* ' ' 4 S.ITE / / . °F the- ol c> / "T" FL ET e / Saloon / s': ao) j

Above: V/heeleT City Mission, once tho old Elm Tree Saloon; below: the InseripFon on the sidewalks marking the si>ot where the elm, from which the saloon got Its name stood.

"Three beers.” "Only Jesus saves.” Nine years ago the history of a building just south of New York St., on Delaware St., was expressable in the first quotation. Today, one of the windows bears the second inscription. It Is now the Wheeler City Mission. Formerly It was the site of the old Elm Tree Saloon. As one looks through the windows bearing the religious inscription, the semicircular strip in the sidewalk BTMDGE RESTS ON GOLD Oregon Span Has Foundation of Costly Quartz. | flu XFA Service MEDFORD. Ore., Dec. 15.—A geld bridge is being built over the Rogue River at Gold Hill. The pier foundations will rest on gold quartz. Every hole dug recently showed “color” and every workman on the Job is carrying around a few grains of gold in his pocket. A big gold yield is expected from gravel and crushed rock taken from the river bed from the concrete pouring. Gone, but Not Forgotten Automobiles reported stolen to police belong to: Walter Anderson, 415 E. Eleventh St., Ford, 547-580, from Langsdale Ave. and E. Michigan St. George A. Clouse, 4319 Broadway, Chrysler, 8800, from Market and Pennsylvania Sts. Hubert Powell, Franklin; Ind., Ford, 146-673, from 700 Weghorst St. Clint Haughey, Sheridan, Ind., Buick, 403 066, from Oriental and Michigan Sts. Olive Bake, Oaklandon, Ind., Ford, from Ohio and New Jersey Sts. Omar Nicley, 3652 Clifton St., Ford, from Meridian and New York Sts. Singer Motor Company, Sanborn, ind., Ford, from Vermont and Meridian Sts. | BACK HOME AGAIN Automobiles reported found by po- > belong to: C. L. Bentz, Anderson, Ind.,. Chev•olet, found at Pine and Washington Sts. Mrs. Olive J. Pasho, 1902 N. Talbott Ave., Hudson, found at Eleventth St. and Ahland Ave.

with this cut in the concrete: ‘‘Site of the old Elm Tree Saloon. Rom. 6:20,” can be seen. Tlie Quotation The quotation from the Bible is: "Moreover the law entered that the offense might abound. But where sin abounded, grace did much more i abound.” j The sidewalk marker Is the location lof the old Elm tree that stood In J front of tho saloon and which served the purpose of a leaning post and first-stopping place for some of the j customers. But to get back to the good old days— Good liquors Some of the boys who used to hang around there said some of the best liquors in the city were poured there and beer was of the host bead. In face, one fellow said a sandwich, green onions and a glass of beer cost a nickel and during cold weather the sandwich went great with the beer. But now prayer meetings and salvation of the soul from the regular routine carried on In the building. Instead of cheese sandwiches and beer wholesome meals are served. SHOPPERS SEE ROBBERY Btuidit Fires When Pedestrians Try to Stop Him. Bv Times Svecial GARY, Ind., Dec. 15.—A lone bandit hurled a brick through the window of the Milo Hoppe Jewelry store here and escaped with $3,000 in diamonds Tuesday night as hundreds of shoppers thronged the tsreets. When pedestrians attempted to stop him he opened fire with a revolver. No one was injured. Births * / Girls Rar! and Elsie Beckhom. 1142 Tecumseh. Tilford and Vanda Williams. 1526 Reisner. Homer and Emma Clnrk. 1404 N. Olney. I rod and Blanche Christian. Christian Hospital. Albert and Marls Bowman. 20C9 Wilcox. Wiliam and Eva Bohenkamp. Methodist Hospital. Bert and. Lulu St. Clair. Clark Blakcslee Hospital. Boys Jack and Bessie Bertrer. 4102-Bream. Robert and Alma Brown. .33 N. Mlley. Norris and Marsrarrtte Cunningham. 133 Bnkemeyer. Harry and May Mullinex 18.17 Lockwood. Josoph and Horn a Brooks. 1941 Ralston Haiide and Evelyn Hensley. Methodist Hospital. David and Rea Glazier. Methodist Hospital George and Mary Eeppert. 249 N. Mount. Karl and Lena Muff. 1025 Southern. Jesse and Ona Wallace. 329'a E. Washington. August and Ethel Freund. 316 8. Fleming. Twins Charles and Rebecca Creach. 17 N, Keyston. boats.

Second Section

Accident in Union Station Yards —Four Taken to Hospital. A railroad switch, thrown the wrong way by one switch tender after another had fixed It right, early today caused a head-on collision of a Big Four passenger train and two Pennsylvania coaches pushed by an engine at Eaet St. and the Belt Railroad elevation, in which approximately thirty persons were injured. Four persons hurt in the wreck are in the hospital, but none is In serious condition. The majority of those injured were in a special car, en route from Cincinnati, Ohio, to a sales convention of the Beaver Products Company of j Atlanta, Ga., in Chicago. About ten | other persons, said to have been cut and bruised left the scene before police arrived. Names of twentythree injured persons were secured. Those in the hospital are Carl M. Adams, 30, Williamsburg, Ky., and George T. Eshman, Asheville, N. C., both from the special car, at Methodist Hospital in good condition; Eshman, with rib injuries, and Adams hurt about the splnO; Raymond Ross, 29, of 204% W. Washington St., Pennsylvania brakeman, broken left leg, St. Vincent's Hospital and Burney Miles, 35, Negro porter, Covington, Ky„ bruised chest and lacerations above the eyes, city hospital. Shortly after 1 a. m. Austin Haverly, 703 Lynn St., switch tender, noticed that a switch at the Belt tracks and East St. was turned wrong, according to police report, so he proceeded to turn It right. A little later another employe, G. A. Logue, 140 S. McKim St., who had -noticed the switch before Haverly had fixed It, turned It again, thinking that he was setting it In the correct position, Sergt. John Volderauer said. About 1:30 p. m. the collision occurred, Big Four train No. 31, west bound from Cincinnati, being switched onto the wrong track and smashing Into the two empty Pennsylvania cars being pushed to the Panhandle coach yards by Pennsylvania switch engine No. 1974. Little Damage The front Pennsylvania coach was telescoped about twelve feet by the Impact, but otherwise little damage was done to either train. Three members of the Pennsylvania crew', Ross, W. 11. Reasner, another brakeman, and F. J. Hines, 230 N. Grey St., engineer, were injured, Hines being cu. about the face. Earl Singleton, 2707 Manker St., fireman on the Big Four engine, suffered injuries to his left arm when he Jumped. Others on the Pennsylvania engine and cars were C. W. Stetgelmyer, 2623 pellefontaine St., fireman, and J. H. Quick, 815 E. lowa St., conductor. Charles Wallace, 1632 Fletcher Ave., Big Four engineer, was shaken up. A.fter the crash, the Big Four train was packed up and pushed on into the Union Station by a switch engine, arriving there before police reached the scene. Others Injured In charge of the special car was E. Joseph Kollros, Atlanta, sales manager of the Beaver Products Company. Other persons injured, but not taken to the hospital were: R. J. Elfers, Lexington, Ky,, cut and bruised; Harry Neville, New York City, neck injuries and cuts above the eyes: Mrs. Harry Wolfe, Homestead, Fla.„ bruises; A. 11. Parks, Chicago, neck and left side injured; Charles Adamson, Cedartown, Ga., head cuts; L. F. Butterfield, Chicago, neck injuries and cuts above the eyes: R. S. Welnshanker, Chicago, head cuts; Mrs. Deal Welnshenker, his wife, wrenched back and neck and bruises; Grant Weinshanker, 3, their son, cut head; Edward Slowey, Cincinnati, cut head; Mrs. Sidney Goodman, Williamstown, W. Va., head and neck injuries; H. G. Keeler, St. Louis, Mo., shoulder injuries; E. F. Fisher, St. Louis, Mo., cut head; J. 11. Butler, New York City, mouth cut; C. H. Allen, Negro porter, 450 Douglass St., left arm injured, and John Hayward, Negro porter, Chicago, head injuries.

$2,830 IN RELIEF FUND Total of $2,830 for the Francisco mine relief fund was reported today by the Indianapolis chapter, American RetJ Cross. More than SI,OOO was received since Tuesday. Patoka. Coal Company and Zion Evangelical Church each contributed SIOO. Eugene C. Foster, home service director, who has returned from the stricken area, urged that Indianapolis not lose sight of the need during the Christmas season. Marriage Licenses Paul Schmidt. 29. E. St. Louis. 111.: Loree MacDougall. 29. Claypool Hotel. Raymond Waton. 22. Jackson Apts,, mechanic: Bessie Colbert, 2863 Indianapolis, cook. ltvland Halfaker. 55. Plttsboro. farmer: Leo Chapman. 35. 1064 W. Thirty-Fourth, houiiokrfppr Jessie Gibson. 23. 1602 English, barber: Thomas Franklin. 21. 1440 W. ThirtyFourth. waitress.

Deaths Charles N. Kesterson, 60. 521 N. Kmpfnon. pulmonary tuberculosis. Caroline Lemmon, 65. Central Indiana Hospital, pulmonary tuherouosis. Miranda Southard. 81, 520 I>. Vermont. uremia. Eleanor Brown. 71. 4176 Carrollton, broncho pneumonia Frank Everling. 60, cor. West and South Sts., acute dilatation of heart. Jared Frankenfleld. 82. 2419 N. Pennsylvania. eerrebral hemorrhage. Mary Elizabeth Henly. 1 mo., 2143 Station, whooping cough. John F. Morgan, 82, 3319 Nowland, uremia. Mary Louise Eshelman, 70, 1900 Pleasant Run Bird., broncho pneumonia. Mary Brayton. 68. 3740 Guilford, eerebarl apoplexy. Mattie Moscly, 38. 1212 Cornell, mitral insufficiency. Charles H. Curtis, 67, 1908 Southeastern. apoplexy. Sarah L. Wooley. 80. 1330 Hoyt, ordoma of lungs. John L. Haistand, 71. 721 Lord, uremia. Robert Rrinson. 544 Rirch premature birt h. Infant Nichols. 631 Birch, premature birth. Polly Ann Stevenson 86, 2926 N. Sherman Dr., arteriosclerosis. John Harrv McConnell, 66, 29 E. Thir-ty-Third, chronic nephritis. Harold E Lehman, 32. Methodist Hospital, meningitis. Sophia lunder. 62. 213 N. Davidson, chronic myocarditis David Johnson Roberson, 90. 2408 W. Morris, cerebral hemorrhage. Phinandia Emeririe Lawler. 78, 1326 Belief outeixua. cerebral hemorrhage.

INVESTED MONEY BRINGING END OF . ISOLATION TO U. S. Foreign Securities Owned by Average Citizens in Ail Parts of Nation. By William Philip Slmma, Times Staff Corresvnndcnt WASHINGTON, Deo. 15.—Whetlv er President Coolidge or some entirely new tenant hangs his hat on the White House rack after 1928, It Is already a foregone conclusion to those who can read the signs of the times that whatever now remains of American exclusion is doomed tu Join the dodo. Here’s why: There Is scarcely a country on the face of the globs In which the small American investor isn’t financially Interested, and every year he chalks up approximately one billion dollars more to his credit. Growing more numerous all the time, the day Is fast approaching when these citizens will wield such a stupendous influence at Washington that many politicians now preaching "splendid isolation” will see tho advantage of talking through the other end of the horn. Up to very recently the well-known "international banker” has been about the only person interested in what happened in Germany, or Italy, or Austria, or Japan, or the Argentine, or Chile. Even the average capitalist and the small bankers were apathetic. Now Times Have Changed Now all that Is changed. The milkman In Omaha, the clerk in Birmingham, tho cotton planter in Texas, the wheat farmer In Kansas, the orange grower In California and tho average American generally, who has a few dollars saved up is coming more and more to add a foreign bond or two to his Investments. Already, in addition to the sll,000,000,000 war debt which foreign countries owe the United States Government, there is another sll,000,000,000 owing directly to the American people, representing loans made, through the banks, to foreigners. Cast your eye down the list of foreign government bonds alone which figured in stock market trading yesterday: You’ll see Argentines, Australias, Belgiums, Bergens, Bqgotas, Bolivlas, Bordeauxs, firemens, Brazils, Buenos Aires, Canadas, Carlsbads, Chiles, Colognes, Chinese, Colombias, Copenhagcns, Cordobas, Cubos, Czecho-Slovakias, etc., etc., and you’ve not got past the C’s. Who owns Wiese? Wall Street? Nonsense. Tom, Dick and Hettie own them, from Bangor to San Diego. Wall Street is just the gobetween. The bankers are not the big bond holders; they sell them; you buy them. Dwight F. Morrow of J. P. Morgan & Cos., In the January issue of Foreign Affairs, out today, tells the result of a careful nation-wide Investigation which he made. * The Austrian issue, he found, for example, was bought by 8,350 buyers. The average amount sold to each was $2,944. This, mind, included the few buyers of big lots, which greatly boosted the average. He figures that 85 per cent of this and similar issues went to purchasers of SIOO to $5,000 worth. The Japanese issue went to 88,412 buyers; the German to 34,440 buycrs v , the Argentine to 10,381; the Belgian to 13,130 buyers. And so on. Only 3 to 5 per cent, Morrow states, were sales of SIO,OOO or over. It is natural to suppose, also, that some of the larger buyers bought them to resell later to a largo number of smaller Investors. Thousands Investing "When we talk about the person who Is Investing In foreign bonds,” the banker writes, "we are not talking about a great institution In New York, or Chicago, or Boston. We are talking about thousands of people living In all ports of the United States. We are talking about school teachers and Army officers and country doctors and stenogrpnhers and clerks." And what did these people get In exchange for their savings? More promises to pay. This or that group of foreigners promised to pay the money back some time or other, generally a decade or several decades hence. Nor is it to be forgotten that these promises can be made good only if this little old world In which we live and move manages to keep on a fairly even keel. Thus the Isolationists’ slogan of "Let ’em stow In their own juice,” even now has the death rattle. "World peace and general economic stability” must inevitably take its place as fast as Americans awaken to the fact that these foreigners owe them large aunts of money and fat dividends are hardly to be expected on the promises-to-pay of people stewing In their own juice.

PUZZLE OVER MOTIVE Flapper Bandit’s Friends Speculate After Bank Robberyflu Unit ed^ress AUSTIN, Tex., Deo. 15.—Friends of Mrs. Rebecca Bradley Rogers, 19-year-old wife of Otis M. Rogers, young Amarillo attorney, today were as badly puzzled as before over the possible motive behind tho robbery of tho Farmers National Bank of Buda with which the young woman is charged. Mrs. Rogers Is at liberty under $5,000 bond following a habeas corpus hearing in which employes of the bank told of being forced into a vault by a slip of a girl who covered them with a pistol and tripped out with SI,OOO. Whether the hold-up was Just for a "thrill” or whether financial difficulties were hack of It wage the possible motives around tohfcth ■peculation <aUrd.