Hammond Times, Volume 6, Number 20, Hammond, Lake County, 26 May 1917 — Page 6
8
PAGE SIX THE TIMES Mav 26, 1917
THE TIMES NEWSPAPERS BT THE LAKE C0UN1T PHIMTINQ & PUBLISHINa COM? AST.
The Times Eat Chlca&o-Indlana Harbor, dally except Sunday. XnUred at the postofflce In Sast Chicago. November II. Hit. The Lake County Time Daily except Saturday and Bands. Entered at the postofflce In Hammond. June 18. lfiOS. The Lake County Tlmee Saturday and weekly edition. Entered at the poatofflce In Hammond. February 4. mi. The Gary Evening; Times Dally except Sunday. Entered at the pestefflce ta Gary. April 18. 1812. All under the act of March . l7i. aa aeeond-cleso matter.
I The Liberty Loan-What and Why i -
FOHEIGJT ADVERTISING OPTICKL 111 Rec'.or Bulldln Chicane TEIEPHOXKS. Bazamond (private exchangre) S10O. 1101. 1101 (Call for whatever department wanted.) Gary Office i Telephone 13T N'aesau & Thompson. East Chisago. Telephone S40-J F. L. Evans, East Chicago Telephone 737-J Eait Chicago, Thbj Times : ! Indiana Harbor (News Dealer) , 80 Indiana Harbor (Reporter and Classified Adv Telephone 412M or 7S5W Whiting , Telephone -M Crown Point Telephone Htgewiach Telephone Ik
LARGER PAID UP CIECLXATION THAN ANY TWO OTHER NEWS FAPEES IN THE CALUMET EEGION.
If you have any trouble getting Tsa Times xnsJte. complaint Immediately to the circulation department. Thb Times will net be responsible for the return-of any unsolicited manuscript articles or letter and will not notice anonoymous communication Short algned letters of general Interest printed at discretion
NO CAUSE FOR REJOICING. A newspaper at the National capitol publishes with a tone of exultation the news that, on account of the war, there will he an Immediate need for Increased numbers of government employes and that in the appointment of these the civil service regulations will be set aside with the result that most of the new employes will come from the District of Columbia or the nearby states of Maryland and Virginia, That display of selfishness is unfortunate, particularly at this time- The men who are to go to the front are not to be selected from the vicinity of the capitol. The war taxes are not to be Imposed upon that particular community. Quite likely the local residents will profit most by the increased civil payroll, but it is scarcely a proper causa for rejoicing.
WHERE A CENSORSHIP WOULD COME IN HANDYt It develops that the two Chicago nurses killed on the Mongolia met their deaths when a shell fired from that ship boomeranged back- The shell was of the vintage of 1S9S. On top of this news is a story in the New York World, written by its staff correspondent who was on board the liner St. Loui3 on her passage across the ocean; that the ship's guns were useless while crossing through the U-boat zone. The lieutenant in command of the ship's armed guard found that 14 out of the 44 shells fired were exploded prematurely. Because of the danger of fragments, passengers had to remain off deck, and in a short while the rifling was put out of commission. In consequence, the 6hip had not better protection than if she bad carried wooden gun?. Armed only with automatic revolvers, the naval detachment had to depend on the size of cannons to scare off possible attacks. Otherwise, some of our naval protective facilities are in first-class condition.
YOU HAVE SEEN HER. Girls in love ain't no use during the whole blessed week. Sundays they're lookin down the road, expectm" he'll come. Sunday afternoons they can't tnink of anything eTse 'cause he's here! Monday morning they're kind of sleep and dreamy and elimpsy and good for nothing on Tuesday and Wednesday Thursday they get absent-minded and begin to look off toward Efanday again, an' mope around and let the dishwater get cold right under thefr noses- Friday they break dishes and go off in the best room and snivel and look out of the winder. Saturday they have queer spurts of workin' like all possessed, an' spurts of frlzzin' their hair. An' Sunday they begin it all var ag'in, say3 the philosopher of a Michigan paper.
PATRIOTISM. This may explain why some of the patriots with incomes over one million dollars annually, which are subject to a 40 per cent tax, are falling over themselves to buy Liberty Bonds. The bonds are tax exempt and in this class are equivalent, as far as the rich are concerned, to a 6 per cent bond; aa far as the poor are concerned they are still a 3H per cent bond. Carrying exemption, the Liberty Bonds enable men of million-dollar incomes and over to be patriotic tax-dodgers, i , NO exemption from buying Liberty Bonds.
GTDDAPI Last day to buy India paper Brittanlca.
CAN'T any of the fat-reducing medicine firms give us a remedy for thinning the cost of living?
WHAT'S become of the sweet, old-fashioned girl who used to play the "Merry Widow" on the piano?
SOME one suggests that vulture Instead of eagle be emblem of U-boat. Good idea, but it's insulting the vulture.
By OELETT BURGESS & H. A. LAMB (Of the Vigilantes.) England calls her latest loan of Five Billions the Victory Loan. France's latest appeal for money was christened the NaUonaT Defense Loan. Sixth War Credit is the official name of Germany's last bond issue. It if significant when one knows that her debt is now $20,000,000,000. The United States have no men ready to fight, no arms, no supplies. The only thing we can do and must do immediately is, while we are preparing, to give our allies enough financial support to allow them Jo replenish their fastebbing resources. Congress, therefore, has pledged itself to cenie to their rescue ly creating a war fund of Seven Millions. This is the Liberty Loan. To get back of Congress and raise this money as soon and as enthusiastically as possible is now the plain duty of every loyal American citizen. Now the American citizen is patriotic enough when aroused, but he doesn't quite understand this peremptory way of raising money. Nor does he realize even the great security of the investment. Take his money out of the bank and invest in a new-fansrled loan project? Xojt yet: wait a while, and see what happens. But delay is dangerous. To the Frenchman the "rentes" or Government bonds are a familiar Investment. Out of his woolen stocking, right in through the subscription window at the Tost Office his money gocB. just as soon as his crops are harvested and sold. He has perhaps four sons at the front if indeed they are still alive. Ho knows that one-tenth of his native land Is overrun and devastated and the rost
'of France is only protected by the line
of soldiers for which his money is buying shells and cartridges. He has learned the awful lesson. No need for him to read the placards in the postoffices to realize that, as they announce: "We are living in a time trying without precedent: and whatever sacrifices we endure and must yet suffer are not to be compared to those of the unhappy victims of the invaded provinces." Every Loan called for in France has been speedily, over-subscribed. England's five billions "were also quickly raised. When Lloyd George said that very ten-pound note would be a more formidable means of destruction than a thirty-centimeter shell. and would open a path for a soldier to pass through to victory. Britons saw that their money would shorten the war. Checks rained in. In Germany the argument was similar; "Convert your money into TJboats!"j was the cry. "Convert it into barbed wire!" "Prove to our foes that Germany's economic strength is unweakened, so that they may lose the hope of ever evercomlng us!" But Germany's success hardly proved that. Foor Germany Is now apparently nearing the end of her resources. German newspapers have carefully avoided comparing the results of this last "War Credit with previous loans. The bulk of the subscriptions undoubtedly came from government-controlled institutions municipalities, corporations and savings banks. Now that Is Just what we don't want a loan contributed only by a few rich Institutions. - Wherefore, applications from banks and wealthy corporations are discouraged. We want a popular subscription, a loan with a backbone, financed by Individuals by many thousands all over the country endorsing the war, unifying public opinion, and solidifying patriotism. The time
will come soon enough when we shall have to pay in blood; let us pay In gold now, so that that human sacrifice may not be, as It was in England and France, In vain! So much for your patriotism; now for your pocket. The investment in the Liberty Loan is safe "as safe as a Government' bond" of course; the safest that is. of all investments. Not until the country is so ruined that everything goes smash stocks, bonds, railroads and savings banks will the Liberty Loan be repudiated. The German press tried its .best to weaken the Anglo-French loans of past years in attempted demonstrations of their insecurity. When the first f the dual loans dropped temporarily to 91, Berlin laughted at its "failure." It has since recovered to 95. A similar loan, giving security for Its payment, is now at 97. Doesn't that show the rnnfldenco shown in two great nations crippled by two years of war? Our own loan, offered to the richest country in the world Is infinitely stronger the safest possible investment in the world. Nrr need one worry that, later, other Loans will pay, as they often do, a higher rate of interest. The government will put no such premium on the laggard lender. Wfiatever the interest paid on later bonds, the holders of Liberty Loan bonds will be guaranteed the privilege of converting their securities into certificates of the new and more remunerative loan. England has done it; Franco has done It. Germany, indeed, has even evolved a lottery proposition by which certain lucky lumbers can exchange so as to make extra profits of 25 per cent on the Investment. Does 3',i rer cent, interest seem low? Most savings banks pay that; but very few pay more, and they offer infinitely less security. Stocks pay better, but stocks are not nearly so safe ordinarily, and now intime of war still less so. Nobody knows which way the cat will jump. Nobody knows, today, even whether to buy or sell. The government, therefore, can afford to play safe, and by making this fair offer for money Immensely Increase Its revenue for appropriations. And, with our terrifying Unpreraredness, God knows the government needs all the money it can get to protect Democracy not only abroad but at home. Thank God that It isn't, like Germany, paying out. for Interest alone, one billion dollars a yeV-' Now, Just as all guess-work about military and naval matters, at the beginning of the war, proved futile and faulty, so all estimates by economists as to the financial strength of nations were w rong. No one had any Idea of the amazing borrowing capacity of modern governments. And the Germans, who have made so many psychological mistakes who thought Russia too unprepared to help France, and France too weak and decadent to help herself, the Germans who could not anticipate that England would fight! The Germans "had another guess com,n" and again they guessed wrong America did Wake Up! So it isn't strange that those same Germans are how deriding our loans to France and Italy as mere "tips." They re openly lanthing at our little War Credit oi.only Seven Billions. Well, perhaps they have some reason to. this time. Seven Billions seemed, five years ago, like a good deal of money. But this war has changed all our old standards. We talk now of billions quite easily. We
CABINET MAN'S SON IS NAVAL RECRUIT
r ' - ' j
David F. Houston, Jr., in his uniform.
David P. Houston, Jr., son of the secretary of agriculture, has joined the navy and is now in training. He has shown great aptitude for the service. Six secretaries in President Wilson's cabinet have contributed nine -of their sons to the army and navy. 1
are putting our economic strength against a nation only about one-third as rich as we are, with two-thirds our population and three times our debt, even after this loan is raised. When you consider what, nevertheless, Germany has done in the way of raising money twenty billions this bond issue seems pretty small. We shall soon cat it up. This is not going to be an amateur war; once in, we mean business. Big business we know needs big money. Of all the belligerent nations we are the
richest and safest. It Is up to us t
finance the struggle for the civilized world and we shall need many more billions after the first loan la floated. We must at least rival. If not surpass our allies, who up to now have dwarfed us by their efforts. The most prominent figures In the financial world are putting huge sums into the Liberty Loan. Tou would follow their tip , on the stock market wouldn't you? Why not follow it now, and put your hundreds and thousands where they have thouglit it good to invest their millions? The ultra-rich are only the advance guard. Great as Is their wealth, the bulk of the nation's capital Is in the hands of those of moderate and modest fortunes. It Is from the myriad people of smaller means that the money to conduct the war should come. It must come It will come, will it not, from you and me? I have already subscribed to the Liberty Loan. Have you?
IT seems that the iron and steel magnates count that day lost when tliey do not boost prices a dollar or two a ton.
NT3WSPAPER announces plan whereby Liberty Bonds can be secure.d as simply as bread. Anyhow, nearly as chef.p as bread.
WHAT this country needs is a law that will make food speculators feel aa ehaky as the young man who on June sixth failed to register on June fifth.
NEXT time we run down to Washington and get the President's ear for a minute we'll suggest that he conscript the entire garlic supply ia' thi region.
N5TARBT preacher says that there should be more of humanity seen at the bathing beaches. Waddyou mean? Aren't the bathing suits short mough to suit you?
TIMES FASHION DEPARTMENT
MISSES' AND SMALL WOMEN'S DRESS. By Anabfrl Worthington.
What girl can resist the appeal of this fetching little frock, with its simple but effective braiding? Xo. 8,299 is the last word in fashions for the young misa, as the long waisted effect is considered quite the best thing that the season has brought forth. The loose'.y fitting waist in this ease extends several inches below the regulation waist line and is given a trim appearance by the shallow pleats which hold the soft girdle in place. A one piece gathered or pleated skirt with straight lower edge is attached to the waist. A most attractive feature is the inset vest in U shape, with a square collar attached. The sleeves are sewed to a side body which in turn is stitched to the large armhole. The style of sleeves to be used is left to the individual, long ones with gantlet cuffs and short plaia ones being included in the pattern. The dress pattern No. 8,299 is cut in three sizes, 16, 13 and 20 years. As on the figure the 16 year size requires 44 yards 36 inch dark material, with lij yards 36 inch light material. The back view requires lVa yards 36 inch material with 3 yards of 31 inch flouncing. To obtain this pattern send 10 cents te the office of this publication.
Tel. East Chicago 28 DR. J. GOLDMAN DENTIST Ftrwt National Bank Bide Cor. Chicago A Forsytha Aves. EAST CHICAGO. 1X0. Consultation in English, Oermaa Polish. Slavish and Russian.
-If He Can't Hit It One Way He "Will Another
Cherokee Oil Company CHEROKEE OIL CO. controls over 15,000 acres of oil leases in proven oil fields. The directors are prominent Bankers and Business MenCHEROKEE OIL CO. la a business proposition In the greatest money making business In the world. you are taking no chances on management or property. Both are tho best. rhe stock will be listed on the New York curb. We offer for a limited time the com
mon stock at 76 o per, share. No bonds or preferred stock. tt is the best buy in oil stocks now on the market. The reports show that 85 per cent of wells driven in Oklahoma are prc-duoere-Good profits will be made if CHEROKEE OIL CO. gets one well. They should get many. Buy now while price Is low. 75c per share Send for Circular Greon, Collins j Co BANKERS AND BROKERS 137 S. La Sails St., Chicago. Phone Randolph 7763 All Depta.
"1
For the invalid as well as those in perfect Health Bakerk Cocoa is an ideal food bev
erage, pure, delicious anaAvnolesome.
Walter Baker & Co. Ltd. t3TACU5MtO TOO OQRCHCSTLR. MASS.
J
gii.ii.iii.iiiiiiiiiiaiiag
The Hirst National
of Hammond
STATElENT OF CONDITION, CLOSE OF BUSINESS, MARCH 5, 1917 RESOURCES. Loans . .$1,443,808.47 Bonds and Stocks 612,189.18 Iteal Estate : 7,303.65 Cash and Due from Banks 577,591.88 $2,640,893.18 LIABILITIES. Capital Stock $.150,000.00 Surplus 175,000.00 Undivided Profits 6,413.74 Reserved for Taxes and Interest 6,825.58 Circulation 149,997.50 Deposits 2,152,656.36
$2,640,893.18
DIRECTORS.
I TUKfER - - - President 9. W. METTT PrfsMfnt. Lak County Savin ps & Trust Co. JOHN E. FITZGERALD Hammond Distilling- Company. FRAX1 S. BETZ President. F. S. Betz Company. JOHN M. BECKMAN Gostlin, Mvn & Company. CARL. KAUFMANX Kaufmann & Wolf. OTTO KNOE1ZER President. Champion Potato Machinery Co. BANK C. DEMI.VG Lumber Dealer. W. C. BELMAX Cashier.
OFFICERS.
A. M. TtTRJTER 17 M- FITZOERAIB w.c. belma.v mt. f. mashixo Sl m. towxe
President Vice President Cashier Assistant Cashier Assistant Caaalsr
TRI-C1TY
'ervice
Co.
Hssnaood. Sad.
TO PROSPECTIVE FIXTURE BUYERS. Do not buy your Electric Fixtures until you have fteen ours. The largest and most select display in Northern Indiana, Do not buy from catalogues as pictures are oftimes misleading and confusing. We will gladly call at your home with an automobile and then return you home to show you through our rooms without placing you under any obligation whatsoever. Come and see this fine display. Open evenings. Just phone 710 for service.
By C. A.VOIGHT
hNE-J LAH.T r ??-S!s& UT7LMUHE(V-" - tJ rl AWNWHERE- A VCT- f-Y f-TlNlE EITHER-- ) Lpk COWEP2- ) P- ISiBj gz gvy Zy