Hammond Times, Volume 14, Number 207, Hammond, Lake County, 19 February 1920 — Page 1

THE WEATHER Fun IDli Fair, cootUgxi coll tonight; Friday probably mon with rising temperature.

Tf '"wi "Do a Good Turn Daily" Ask a Boy Scout He Knows 1.1 IKTIEHATIOKAL ITEWS riTZO. X.EA5XD WUI 8BBYXCX. On at r eat a d imitiiSi. a pat copy. DU Tared by trnt i Etmno and Waat JEammoal, SO tei moath. VOL. XIV. NO. 207 THURSDAY, FEBRUARY 19, 1920. HAMMOND, INDIANA. n F5 I i 11 11

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PROGRAMS

ARRANGED FOR EVERY CITY Gary, Hammond, Whiting and ; East Chicago to Observe i Day. f beautiful! Tap perhaps , 11 k it . i x r-m ! ti-, city in the Calumet district net Sun- j Hay afternoon in memory or the Ameri an men who mad t'ie supreme aacr flea in the wnrM war. The occasion will be triad doubly impressive by the distribution, to the ntaiest ! kin - those -who died in service, of the : French war n't-morUI. a handsome cer- ; i:,care bearing the name of the de- ' ceased soldier and presented aa a token f' French appreciation for the "soldax A rr erica n.' 1 moress! srv!c "will be held Ln Hammond. Gary. East Chicago and v :..t,r.g and -will be conducted under the a'ir:ce or f.e .American kUu. KtEBCI'ES IV H1MMOM). j tn Hammond the e-serc.i-es will take. r "aca at the Masonic Temple at o p. i i. The program follows: The Sar S -ungled Banner: Young's orchestra: 1 r-aalr.g of colors. Marseillaise; Int -st;on. Rev. Thomas J. Basset t; Op- . . . j & ;. r.ff remarks,, post comminon. , . , M.aki Lad." by Frances Aylward, solo !-. Mrs. George Hannauer. aoeomnan-!-;. ili s. L. Mikesch; Address. Attorney J J H. Conroy: Partant Pour La ?y!f, , "Young's orchestra; Reading of Ham-' ii-nd honor roll and presentation off . tiScatos. Attorney P. K. Boone, B;nhction. Father Serocaynski. rest IS. Hammond, has written to ai! the nearest of kin of Hammond Jt -who died in service here or abroad.1 s- m!J anv nansea have -been overoked it is requested thr.t the Legion b notified at once by calling Kamj anl 6T2. HTTTG MEMORIAI.. Wrtitlng will have the memorial ei- . - !ae at the hisa school auditc.r:-um t 4 p. rn. Tha program will open -with "Ameri a," Invocation. Rev. Charles E. Treei iood; Spee.;h. O. A. Ahlgren; Song. The Americans Have Come," Mies T.uth TiHon; Poem. "The Woods Called Kouje Bouquet." John Murphy; Warren V . Bea-ulbiert v'.U sing in I'rench "The Marseilles;" Address. Prof. If. J. N"lson. hea.d of the department of Enli'h at the University of Chicago "At the Front." Captain F. C. i"arter. of Hammond Star Spanned Banner, and Benediction. Father "William C. Miller. The Wco Called P.ouk Bouquet" is one of Serg-eant Joyce Kilmer's last jioems and was written shortly before he left one nigrht to take his place with an advanced listening post. He w aa found next day with a machine tun buliet through his head, (EBEMOMES AT EAST CHICAGO. It will be a b'isy afternoon for Mrs. I.. Mickisch. She haa generouslyt screed to offer her services at two differnt meeting's, appearlns in East' Chicago for the opening of the pro-j t T--. rrt there and then whiskine hv tasi! to Hammond. At East Chicago the memorial ceremony will be held at the McKinley school ad'iitonum at 3 p. m. The proitim will open with a piano forte solo by Mrs. U Mickish: Marseilles; Speech A. H Watts, vice commander of Post 2!; Invocation, Key. Thomas Hines; Scripture reading, R-iv, George B. .lones; Solo, Miss Iddnse Williams; Ttead'na;. "France in Battle Flame." fiss Anna, Bernstein: Address, Judge Tlay S. Springer state commander of j the American Legion ; Violin solo, Ar-j thur W. Zehetener; Rading of Honor Tloll. Star Spangled Banner; Benediction. Father Peter Budnik. Whitinp and East Chicago pos'a will ifr ac'ual presentation of the mem- ? rf a 1 until after the eerciaea have. hen completed. Hammond post will probably take similar action. AT O A BY Y. M. C. A. Gary T. M. C. A. has been chosen the most appropriate place in Gary to hold the services, which win b-gln at 2:30 v- rn. The first number will he the Marseilles; Opening remarks. T'T. Simon J. Toung: Reading of Scripture. Rabbi J. Mu Weis; Invocation. Rev. Will iam G. Seman. P. T ; ' Reading, "Franc in Battle Flame." Miss Theljna Edwards; "France and the Ameri-i-.n Soldier," K-njamin F. S!don; Ad-.l-es. Hon. S. "R. Tor.er; Reading of Honor Ho'!: Benediction. Father VtV;!!e: Presentation of memorja's. . ( J. Sheehan. i " Kvery man. woman and child who! inspects the memory of the American! aoldier dad should be present at thes ! exercises." said a prominent Hammond ; man today. j KAHOLYI IS BADLY BEATEN INTERNATIONAL HEWS SERVICE I VIENNA. Feb. IS (Delayed) Count Michael! Karolyi, former premier of Kung&ry, who is now an exile in Czecho slovakia, n-sj attacked and badly be tea ; in the streets of Prague., according to a; o'! patch from that city today. The ata - -vas mad by a Hungarian who de- , !rd upon being arrested 'hat Count j IKarelyi was responsible for the death of hundreds of his countrymen when bej turned his gov erntnfi over to RH Kuii. j ' tl s, '""'K'liiU n is: .

O'Neill $100000 is Waiting You! Parents of Youth Anxiously Seeking for Son Who Is Now An Heir.

For a fellow who has Jin.1.000 chasing him begging to be claimed, Harry O'XeU, who is said to be in Hammond. East Chicago or Gary, is a hard man to locate. Harry's relatives are trying to get in touch with him to let linn know that ha ii the otvner of the $1000' in cash and real eitate which his untie in Detroit owner, when ha died recently. His folks live at Oiawfordsv.'ie, Ind.. and it seems they had been hearing from Harry regularly up to about three weeks ago. Since then he haa not written and they hae been unahl to gel word to him. The relative, then decided to try Tin Times and have asked for assistance in the nearch for Harry. Inquiry brought forth several young men about town who had met him at one time or another but no one seemed to know where ha lived or where he couli be found at any particular time. It was said that, he frequented the ro! rooms but the majority of such places could, glva no assistance. The proprietor of one place said he had been there btween 3 and li o'clock this morning but it is believed thia was a case of mistaken identity. At any rate Harry's Trhereabouts is sti'l a mystery and any information which can be given regarding him will be welcomed gladly. Faster Mail Service is Again Urged Direct mail service bet-ween East Chicago and Hammond now rests with the Interstate Commerce Commission according to advices received by Secretary Evans of the East Chicago Chamber of Commerce from Representative Will Wood. The communication was received in reply to a letter from the East Chicago Chamber of Commerce in which it was urged that direct mail communication between East Chicago and Hammond be established as soon as possible. It was suggested that the service might be accomplished by an extension of the present mail service between Hast Chicago and Indiana Harbor. Attempts are now being made to arrange for the carrying of mail by the Green Line cars. The difficult ysms to be in placing the responsibility for the mail saks. It is reported that the Green Line officials are willing to carry the mail between the two citiea but that they are unwilling to take the responsibility for getting the bags and delivering the mto the two office. If it were possible to throw the bags off at the point nearest the postoffice here would apparently be little trouble In arranging the act.ails. The Interstate Commerce Commission is authorized to determine the compensation which a carrier may receive for mail service ar.d it is expected that a decision will be made by that body soon which will make possible the better service. Mail between Hammond and East Chicago now must pass through the tndlana Harbor office and from that office must pass through the Chicago office. The same is true of mail from the southern part of the state which is carried by the Monon or other roads passing through Hammond. Instead of mail being- dropped at Hammond and than carried directly to East Chicago or Iniiana Harbor it must all go through he Chicago office, neceseif ating much delay. It. is hoped that thia delny may soon be abolished. McADOO'S NAME ON BALLOTS INTERNATIONAL NEWS SERVICE 1 ATLANTA. Ga.. Feb. 19. Ine name cf William G. McAdoo will be placed up'.Ti the ballots in the Georg'a Democratic presidential primary to be held April 20, unler the former secretary of the treasury tikes further action in the matter. It was 'arn 1 that after tin all day discission yesterday at Millcdgevi11. Gi.. it was decided tt present the petition with the rcsarj signat ures to pa' MAdo's name in the running Georgia. Mayor Millar 3. Bell and 150 enthusna'tic McAdo ?P''r:r. who .ieni the p. tuion. declare their action tvaa purely o'.untary and that they desire to retain the .-.pporiunity of eprsing their choice for a oa n3id3 - ' r the A'hKe ho-if? . WILL PROTEST TO PRESIDENT INTERNATIONAL NEWS SERVICE! I CHICAGO. Feb. IS. An ex-dough-bo- . on his waj to eUend a meeting of the American Lrgi'ii in a hotel, noticed on the door of a room next to the American Legion's meeting room, tiho j following sign: "The Independent German-American Womens Club." The ex-doughbt-.-, who had had sw.fc , experience !n bayonet work in France wh:pped out his pen-knife and removed the word "German," then went bllthl on h: way. But when th ansry :lub-wou:en found out whs; haopened thy declared that they -nouid "send a proles- f.. Pie- 4"n' Wilson r ei't sup;. ."

CLEARED OF MURDER CHARGE

Jury Takes Two Minutes Yesterday to Set Frank Pedoni of East Chicago Free. . , 'SPECIAL TO THE TIMES) VALPARAISO. Ind., Feb. IP. li required just two minu'.e yesterday for the jury to return a. verdict of -o guil' v in !he trial of Frank Pedom for the killing of Frank Petri.-h ai Ea.'t Chicago on March I1 5. 1319. Redom and Fetnch were employed in the construction gang which was buildirc the new Pennsylvania freight house a' East Chicago when rhe argument be-t"-een them arose which resulted in the dea:h of Petrich. Pedoni left the state (ind remained away until he was indicted t.v the Lake count;- grand jury. Following his indictment he rt turned and submitted to arrest. His attorney, v. J. McAleer of Hammond, asked for a change of vnue from the Iake crlnrinal court and the --ase v.is sent to the Porter superior court. In the trial yesterday the h-fcne rhrojgh witnesses brought out all of the' tietails of the fn Hon betw-en the tti.i' men. Pedoni it was s!iow:i was an Italian by birth but Tor seven ee;i yfars he has been a c:t!:-en of the rimed states. Petrich was an AiKnan and ):ad never applied for een first papers. Evidence tended !o show i :rn a man of radical ickas on goi criime.M'. At tfiat .::ie the question of territorial claims of Itw'y against; Austria were uppermost and Pe-riMi was frdusnily getting into arguments with: others over Italy's claims. Pedonis it seems was not in-. lined to side either ?-ay when Pe'.rich forced the matter on him, but mad') the statement that the Vni'.ed- States would s-e that justice '- done or worde to thnt effect, "petrich is Mid to have, replied with. "To hell with the fr.ited States." and an Instant later Podoni had shot him twice The jury was deeply fmpressel v.ith the patHotisrn of Pedoui and while not approving his hasty action, indicated that they believed he had a.ned under provocation. EAST CHICAGO MAN SUES FOR DIVORCE Charging thit his wife was so wasteful that she "dissipated his property end drove him to poverty and financial ruin." Michael YVollock, S919 Cedar s , Eat Chicago, has filed suit for divorce in the Hammond superior court. He says that he an-d Van da, the wif. were married July ISIS, and separated lAugujt 9. 19L. They have e'ght children, the youngest of whi. h is seven yearj old. MJchael says that the womMi was cross and would scold and upbraid him and at ether times would not speak to him for a. long time. P.egarding her wastefulness about the home, he sas that the did not try to conserve his money or the provisions which he bought, but frequently threw an ay bread and other food which could readily have bten ttsed. Later he alleges the wife would leave home for long intervals during which he would have to do the housekeeping, and on her last trip she refused to return, although he has asked her five times to come home. She ij nfT n Illinois. "Wedlock is represented by Attorneys Rile;-, Hembroff. Dyer P.eed. BOOZE MAKES FRESH TROUBLE CHICAGO, Feb. 19 An internal revenue ajont is a fugitive from justice, two Chicago attorneys are under arrest, and the president and secretary of Grommes and I'llrich, a large wholesale liquor concern are facing arrest aa the result of a l'in.000 booze iale scandal dise!0.ed today. It is charged that Sio.ooo ca'es of whiskey were fradulently transferred from the company's store house. Th" two Mftorneyn arrested are ,i-:ion; Foloz"nski ;:ti'l O to P.iiiif- The re-, enu ager,t. J'se F.arnett. is charged with selling spurious remo-al pernii's fis the transfer of the ijej-ior. R. R. HEADS IN CONFERENCE f INTERNATIONAL NEWS SERVICE: WASHINGTON. Feb. 19. i 'resident Wilson's proposal for the creation of a j'-int commission to hear labor's wane demand was d!scusse today by Dircc:or Genera! Wii1k-r T. nines v.-:'i :i sc-iru sT representative railway eecutr. at a conference, convened at the president's suggestion. PROHBITION IS PRETTY COSTLY 'INTERNATIONAL NEWS SERVICE 1 WASHINGTON. Feb. IV If i conservatively estimated that if ma.v cos, ih.e government as much as $30.00".."'"" to enforce rational prohibition. Senat.'.r Warren, chairman of the ww," noi. -yrit.orrS commitiec. ,ie. ,- in -m- s.-m-J,.: ftei-n..ot.

SWIFT MAN SPEAKS TO C. OF COMMERCE

Sound economic reasons caused the abandonment of the Hammond Packing plant, which at. one time gave promise of b"ing the largest industry of the city. O. C E. Matthies cf Swift & Co. told tha chamber of commerce at its weekly luncheon today. In the early days of the orn cattle rang'', live stock was produced so cheaply, the speaker said, that little consideration was given to operating osts in the talking house. The chief onsidei a t ion, ho said, w a.s to ha e access to a laige ice harvest for refrigeration purpose. I-ater on as the spread be we ?n li . e stock prices and meat prints i-iarroned. the handicap at. th? local plant became such that the annual uad- ai 'age eq.iai to one-six-ji of its fixed investment. "Competition m the packing industry has compelled the adoption of scientific methods in equipment and operation, enabling th" handling cf a large volume ft' business on a narrow margtn cf j rolit," Mr. Matthies declared. "As constituted today, the success of the parking business do'-s r-ol. depend on h.'gh meat prices of low live stock prices the vital thing is the margin. And inarruch as the margin required for successful operation on a. large volume needs to be only a fraction of a cent per pound cf product, it stands to rea .-.n that if n ere in the packer's power to control priecs he would favor it basis that would mosi nearly s.tisfy both producer and consumer; that is, ri!g! enough to encourage ample meat production aro low enough to enontrage me.at consumption. "Th". make? for lerge volume without v. hicli the packing business cannot be operated ai low p r unit i-y.:p, "Swift & Co., in the tisc! usr ended "ov. 1, 131?. handled 1 7,000,00') animal-. about 12 pet- rent of the total slaughtering in the country and reports a. crtiiU.i net profit of $ 1 .".SOO.OO'). flesolved to a per lU!jt iKtsis. it figures 81 cent'? per animal. On .a basd of sales jj figures 1 1-d cents per dollar of sales, or 'i of a. cent per pound of product, from all sources. "This demands not oaly an extcnsivc se.rvice but an cthcient service at the lowest r-i.sib!e cost consistent with Hi' maintenance of such service." Mr. Matthies gave figures showing that td nee 1913 the price, of other food prvducts, had gono up 100 pr cent, while the prices of meat had advanced only uO per cent. During the last six months, he Sfl.id. other food products had ad-ance-i 6 per cent, whtea.s the prices of mea's had decrease, per cent. Thi d- crease is on the wholesale price, hut apparently has not h-rn followed up by the retailer. Centralization of th in-d-Jtiry together with tniU.aUon of byproducts, he said, ha sheen the mean? of narrowing by 9 per cent the spread between the purchase .ind sHiing- pricc-.s of meat. Mr. Matthies pointed out that Swift & Co. was the only paeker to maintain a branch house in Hammond and called attention to the fact that Hammond also vas the site cf the company's .10. 000-ton capacity fertilizer plant which the speaker described as the "finest ,:,f it3 kind in existence." Mr. Matthies holds a responsible position with Swift & Co. in Chi'-ago and w a.s praised for hi speech. EAST CHICAGO MEN SENTENCED I SPECIAL TO THE TIMES! ! i"TtOtV. POINT. IND.. F-h. 1 'J Lewis) Uuzinski. of East Chtcaero. charged ! ! with larceny, was sentere.i to t: months in the penal farm and given a I ,1200 fine for stealing- worth of pork i out of cars on the I'.altiinore &. Ohio railj road. Mike Ruinki. a. brother, who i helped Lewis get away with the pork was eentenceri to one to fourteen years : at the state pe nl it en tiary and a i2i ! Arte. i 1 : ec Pordike. of Ea.st Chicago, an i employe of the Ir.'snd Steel Co.. assaulted one Samuel Porickley. hitting: him with an iron bar and was given j a sentence r,f tT"'0 to fourteen yars I at Michiga n i 'it;c. j LOWDEN STRENGTH IMPRESSES DEMOS. i INTERNATIONAL NEWS SERVICEI LANSING, Mich.. Feb. 1 9. -Possihilit y of the nomination of Gov. Lowden of Illinois as the Republican eardida for president was given todav by ihe friend" of Woodhridgc x. Irn. formes governor of Michigan, as a reason for he loun-hitg of the latter' boom for vice Piesident on the D-in'oct a tic tick.-'. They s.iid that the Lov.'J'-n situation make it a necessity for the Dertjociats ! chocc- i ii - ii j"i -m i ihc lake region for second .lace o-i the ticket. BIG DEAL PENDING According to reliable information a real is in progress in which the sals of the property occupied by th House of Museat on Broadway in Gary will i be romp'eter j-j a hrot time. The c--n- 1 sideration is ,aid to be ii the n)(.i. , bothood of SI 25.00 and tj purciia.er' is Lewis, Simon, the well known Gary ; .lewelei. Tiie fia! is hei"g i'insii byv the Interna f'onal Trht Savings:

EAD ON

Champion Executive Who Workel up $4 Investment Till it Reached $300,000

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OTTO XNOE2TEB HAMKOHD LITE WIBI.

BOY SCOUT IS GENERAL Subfcriot-.or.s from the to-ir corners! of the Cnited faten have hern receiv ed -by th" F.0y Scout titianee. tommittee ( in its drive to raise f'-T Ham mond boys. Accoiding to Geirse Hanna-ier. chairman of the committee, scarcely a day pasvs but what the mail or wireu does not brini? a fat con. tr!tution from y me Hammond citizen wintering in a warmer climate. The latest was order from John Tough, superintendent of the Calumet stockyard.-, who is at -Colorado Springs, Cal. Mr. Tough wired Mr. Hannauer Irstructing him to suh?cribo up to $100 The diligent chaitnun used his own judgement aa instructed and placed the sender's name down for IK"'. Many l:ke amounts have heen received from Hammond pee,jl. no' in -Florida. Te.sea and California . That the campaign wiil gi over the top is practically assured new. The committee iil r.ot give out Cue. complete flgures until several pledgrs have been met. The payment of tfi'se pledges made by industrial and b-.isines men -.vi!. it is expected, j.tit the total over the fj.vd mark . WORKERS FRAMING A PROTEST (INTERNATIONAL NEWS SERVICE t WASHINGTON. F h. I'.1 Itatlroad workers are framirc a frnfft to President Wilson acainst Hi" conferenee report on the Cu mm i ns-F-c h to'l for the rf turn of the raf'roa'ls. Timothy Siiea, pr-tdnt of tl.e Brotherhood of Railroad Firemen. Tlert Jewell. l-eaii of the railway clerk? department of the American Federation of Labor and 31, .1, Man ion. head of the Order of llailioad Telegrapliors. w ho conferre-i w-ith President Wilson relative to wage demy nds are thH afternoon urafting a letter protest irg aga ii: I the labor board provided in the bill. The president will be asked to an-p.-.iiH immediately his own adjustment board. The rer.rcsentg t i c of til" workers declare in eff-ct. the lahor beat Is created bv th Cummins-Esch hill are as objectionable as the antistrike clauses. The president v ill be asked to use Jus influence to block these clauses. Retention of the railroads for a two y,ir period. !U also he a.-ked of the president. WANTED: A good strong boy to work in Times of fice. 2-!:-: C

SUPPORT

SUNDAY

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MP t VERNE MILNE GE1S COVETED BUSK MEDAL Topping the s'mof.ss ' l I Bo;.- Scout week just 'closed, comes the anno'tix ei.j. lit that a Hanimi.T.d font has just. i"-en a warded the coveted Honor Mclat cucii mly when a scout save a life at the risk of his own. !! is Seo H Verne 'Milne who lives at il. State street. Verne is a member of Troop 1 and ettenda the Hammond Ind ustr-'al hiih scht-ol. The act for which the award was made happened in 1917. Scout Milne was approaching a railroad crossing in Hammond whn he observed that a farmer was driving directly in front of a rapidiy approurhinu passenger train. There was no time to cry out. S" Milne grasped the horde's head and force. it hack off the track just as the train rushed p.as-t. The train missed the hoy by inches, hi. ? escape from d;ath being miraculous. In the excitement the driver of the buggy hastened away without even thanking- Scout Milne hut the act had been seen by others. There wero tw women in the bue;y with the man so 1 ? was really crcd'-ted with savins; the lives of three. Th" witnesses took up the matter with the Hammond Court of Honor who carefully investigated the affair and secuie 1 affidavits of pv. eons aet was a credit to himself and a illegal was made to the "National court of Honor of Boy Scouts of Ame--and today a. letter was received at the Hammond headquarters rtating that the award had .hern made. All Hammond Sc'iits. unite in congratulating Scout Milne whose courageous a -lt was a credit to himself and scouting,. WILL VOTE ON UNIVERSAL TRAINING I INTERNATIONAL NEWS SERVICE! WASHINGTON, Feb 1 !.- fniversal m.litary raining a a permanent policy for this enntry villi he voted on "morrow by the house military affairs committer, it w:is atiro'iiteed today by Chatr-im-in K.'ihn. Despite the a-'i-.n of t he, Jteo.j hi ste.-rin: enn-sjt t c. jn oppoe. mc. t'C sr rt a t ion of his 1' gisl.Vt ion d-ir-ing this session, and the .Dcrrocra.t jo cu'is record v .f of 107 to H in opposition to universal military training, it is stated by Kahn and rtlmrs that umversHl ndlitary ira!ninar will be sr.proved by the commio.ee nv vote of 11 to 0 or IN'SSlMy 12 to II. T! will fee defeated in the house, the Ic-oi-irs predict. HOYNE WINS out in Hanging f INTERNATIONAL NEWS SERVi'E! CHICAGO. Feb. 11 Prisoners in the eounty jail will not be given a "nmi-al lesson" Friday in the. hansin; f Jack O'Brien, sentenced for the murder of a policeman. Sheriff Charles W. peters today called off plans he had made for the pri.-.one-? to witr?s th h ng. re. after cbta!n-'ns l al ad'- on a. threat by rhe state's atlo- n-'-y that hewould be pro-o'Cute l f . .,. ma i fea s a n---t : f I ! e d . d ? o . j An eleventh "hour appeal the .oate hoard of pardons foi arenr ev f-.e ' ' " I" i e 1 1 f .1 j ,-i f Oiy

WONDROUS t

STRIDES BY 0.K.G0WIPANY How Otto Knoezer Started in Business Which Developed Amazingly Sounds like Fairy Tale. Hammond now boasts of the Champion Corporation. The Champion Potato Machinery Co.. which for years has been one ? Cecily's most substantial industries, haoached a point in its developrien where the management feels the necessity of a name which will cover th other industries which have been included with the manufacture of potato machinery. With the change in name comes an increase in capitalization and the announcement of innovations intended to benefit the employes of the company. At the reorganization meettr.e ail of the old officers were re-elected as follows: President and general manager. Otto Knoerzer; secretary, Leonard Knoerzer; treasurer, A. H. Tapper. The following with the officers complete the hoard of directors: A. M. Turner, .1. J. Ruff. Joseph Weis and Boyd Soht um. Thy personnel is the same aa w hen first organized in 1903. The capital stock tvai increased from $20,000 to $300. lulu, the increase going io the present stockholders in proportion to their old holdings with the exception of a block which has been set aside for distribution among faithful employes who have been with the firm for a number of yearn. These men will become stockholders without pacing a dollar, will be given an opportunity to help manage the business and at the same time will be assurred a handsome dividend income in future year?. The growth of this industry has been remarkable and i.s really a reflection of the success of one man. Otto Knoer:ier. From the small investment of M he has built up a business which in the fifteen years of its organization has paid stockholders $9,000 in cash dividends and $15,5000 in stock dividends for every $1,000 originally invested. Speaking of the growth at the stock holders meeting Mr. Knoerzer said one of the happiest days of his business lift was when he was able to pay hi. stockholders a fat dividend and the other rjf when he made hie first business investment thirty-two years ago. The scene of this investment f -a i Hammond, a village of sand waste ami sloughs in summer and mudhcles it winter, Mr. Knoerzer heard that s village blacksmith was disgusted with his business and called upon him. "I understand you want to sell out?'! he said. "Yes," replied the smith, ' I wan to get out of this God forsaken sand hole." "How much do you want?" "Give ma $2 for what I have here.-' "When can I take possession ?" "As soon as you hand over the money." Mr. Knoerzer did still heeter; hgave the man $4 and announced thai he was boss of the place. In less than sixty days he had a new shop standing on the ground where the Hammond building now stands. His business grew steadily and so did the town and u.s surroundings. In 3898 Mr. Knoerncr conceived the idea of making machinery for planting and digging potatoes. For four years he worked steadily at his anvil from early in the morning until la-.e at night, fashioning t heparts until at last he believed he hud produced machines which he hellevcd would give the grower more and better service than he could get elscwheic for his money. Then came the idea of manufacturing these on a. larger scale. The Champion Potato Machinery Co. wa the result. Hammond business men came to his aid and in January, 1903. the company was incorporated at $20.000. On Mr. Knoerzer's reputation and his explanation the stock was quickly sold and manufacturing was begun. The product met with instant approval and within a few yeara the stock IContlnue- on paga five. MONEY COMBINE FLATLY DENIED f INTERNATIONAL NEWS SERVICE! NEW rOP.K. Feb. 19 Officials of both J. P. Morgan & Co.. and ti e Guaranty Trust Co.. today denied being interested in the formation of a gigantic international money combination as told in London. "Mr. Davidson la in Europe on Jtd Cross worfc. but will a'so visit our branch offices," commented George v hitney. member of J. P. Morgan &. Co. "The International Commerce Corporation, formed on December Slst. last will handle all our trading for the present." Francis H. Sisson, vice president of the Guaranty Trust Co., described tha London story as 'piffle' "It's only a dream." he said. "Mr. Davidson does not represent on dollar of the Guaranty Trust Co., ap we have no pians for organizing ,-' a. company. It would be impor . because of differences bti e jjcan and American fl n a n .. i