Hammond Times, Volume 9, Number 26, Hammond, Lake County, 28 August 1920 — Page 2

Page Two

THE TIMES

EUROPE'S RECOVER! TO BE SUM

Frank Vanderlip Discusses Economic Conditions of Today Across the Atlantic

BT FLOYD MACGRJFT rSTFF COR RESPONDENT I N. SERVICE 1 .VEW YORK. Aug-. JS. Europs K-nonv.e recovery from the world war tv:!1 continue, a since the armistice ry slow and painful degrees, in th 'pinion of Mr. Frank A. Vanderlip. one of the foremost financiers in Amer. ira. There is no other way out." b afi . "Why do yrrn think Europe' reconstruction Is progressing so slowly?" Mr. Vanderlip was asked. DEUAVS WERE RESPONSIBLE "How could it do anything else?" he parried. 'There was great delay in making the peace treaty. Economic jrinciplea were lost might of by those who drew up the Versailles treaty, vluch has resulted in economic contusion. Delays in application of tha .treaty due to divergencies in interpretation of the instrument, also have relarded Europe's industrial revival. Ths i f-arringement of frontier, the break rirwn of a great part of Europe' railroad systems and the fact that Rusfan supplies are cut off, are. contributing factor. which have combined to df!ay economic revival. A I STRIA FOR EXAMPLE '"Consider the case of Austria. 6h cannot fed herself. Austrra could live by manufacturing, but lacks ci edits fr raw materials. She can ti! her art treasure and pawn her itate jewels, but these are stop-gap-measures, without permanent result, end cannot be contiued indefinitely. The resuit must be migration or starvation of Austrlans." "Then you would suggest a new pace conference to revise the treaty-" Mr. Vanderlip -was avked. "No." he replied, decisively. "That would only accentuate the situation by more delay." EGLAD' PROBLEMS "How does England g Tecovory of world trade markets imprest you?" ' England. I believa,' said Mr. Varleriir. granted too heavy credit abroad to enable her customers' to pur. chase her products Just after the armistice, and to keep her factories going, hfr peop'. at work, and to win back hf-r former commercial position, which had been assailed by thai. S. "Kngland now has a problem in seeurins payment for this large volume of post-war exports, a volume stimulated perhaps unduly by liberal vredlt granting . "I .believe England overplayed her hand, in an effort to combat American world trade expansion. "Will there be a. repercussion in England to relieve that fact?" Mr, Vaaderlip was asked. 'Tossibly." he replied. "To what extent?'' . "That depends upon how far the rredits England haa extended prove to be good," he explained"Then do you think." ha waj asked, "that the present exchange rate of Ger. many. France, Italy and England accur ately reflect their respective degrees of solvency?" "Tea. precisely," Mr. Vanderlip replied. "And not only that, they also represent the inflation f their present currencies. There has been too much printing press' money with no gold coin tehlnd it."

"Do you believe, M many prominent Europeans assert, that th allies have

passed the penk of their post-war eco.

nomle and financial crisis?" was the next

Question.

"That's a rather optimistic view of the

situation." Mr. Vanderlip commented

"It strikes me as quite possible that

there are plenty of trouble ahead for

those European nations which are spend

trig more than their income. They must

get back to the realities of life."

' Would you say there is world

money shortage?"

"No," said Mr, Vanderlip. "There has pimply been too groat an expansion of credit. Nations, as well as individuals must pay as they go or take the conse

quences."

"Can you suggest a remedy for Eur

ope's financial difficulties?"

"No,' h replied. "There, is not. in my

opinion, any panacea, or 'cure-all.' There .riust be a return to frugality, hard work

and economy."

"Do you think that the proponed league

f nations' financial conforence at Brussels in September is likely to better the

situation?" Mr. Vanderbllt was asked.

'Insofar." Jte said, "as the Europe&n

na'ions ny decide to deflate their cur ttneies, malt their budgets balance, re-

a i just thir customs to permit flow of

trfdo and rehabilitate the railroads for

t"v common good of Europe the aims which have been stated tojfe the objects" f the Brussels meeting 'good will de

velop."

Mr. Vanderlip waj asked whether th allies would suggest inter-cancellation of a'.l war debts at the Brussels meeting

and -w hether England would subscribe to

such a program. s

"England would he delighted. I'm urc," Mr. Vanderlip said. "But I am

n' t informed that such a policy will ba put forward by the allies. My under

standing Is that England herself would not on her own initiative propose such

cancellation."

"But if the allies together advised Fuch procedure. England might sub

scribe?" "I don't doubt that in the least," Mr Vaiidf-rlip replied.

"But you must understand that the a'hts are not paying anything now to the United States. Even the interest

his been held in abeyance by the United States government."

GOOD SHOW AT THE ORPHEUM Pr"tty girls, clever comedians and a lot of good singing are featured in 'The Lonesome Isle," wh!ch is the head liner on the program of the 6rpheum theatre for today and tomorrow. It is a musical comedy of the sure fire lond and made a big hit with matinee fans today. Lovers of music will be dpila-hted with the work of Rubini ?.nd fvosl, two clever girl artist's, who pan play the accordion and violin as well as sir.fr. Manager Mlchelstetter cltstfs it as an all-star show.

CHILDREN

HERE ARE THE

MRS

Everything is in readiness for the

opening of the Hammond public school

on Tuesday. September Tth Principal meeting will be held by the superintendent of schools of "Wednesday, Sept. 1st, and on Friday morning, following, beginning at riino o'clock, the several supervisors will held grade meetings in the Central School building for the teacher In the grade chla The general teachers' meeting n ill be held Saturday morning. Sept. 4th at which Supt. Monroe will give the final instructions to the entire corps relative to the work for the ensuing year. The principal of the high school will b in his office at the Industrial high school Monday. August 30th, and throughout the remainder of the week for the purpose of classifying high school pulips and arranging individual programs. Ward principal will bo at their respective buildings, Wednesday and Thursday, for organisation of their schools and classification of the pupils in the grade . recently moved to this city and new to the Hammond system. All these preliminary meeting are arrange this early in order that everything will be complot for the opening day. thus providing against delays in the complete erganitation of the schools and actual beginning of the school work. On th opening day pupils will be registered, given their book lists, assigned to rooms and techrs. They will then bs expected to report the following morning prepared In every way with books, ate., for regular recitations to Begin. If parents will co-operate with the toachers io the matte rof procuring all necessary books, supplies, etc., promptly, much time will be saved and the delay in getting the schools under beadway will be avoided. During the summer much repair work has been done in the old buildings and all schools have been thoroughly cleaned and put in a sanitary condition. Teach rs and pupils will note that every desk in most of tha school buildings has been thoroughly scraped and repaJnted. This adds much to the appeeraaco of tho school rooms as well as insuring a sanitary desk for every pupil. Tha new "cottage." schools in the May wood district are complete and it is hoped that those ia the Lineoln district will. alt be in readiness. The board ef education has suehed the erection and c meat of these buildings and there will but little delay in these schools. But few resignations, compared with former years were filed with the superintendent of schools. Nearly all of the corps of instructor of la6t year ars returning for th ensuing year. There are a few changes, however. The most notable is the change In the principalship at the Franklin school in Roberts dale. Mr. Stanford Conant will be in charge of that school and there is almost an entire change of ftacherg la that district. Mr. Conant has held principalships in Wisconsin and Colorado, and for the rXkst two years was principal at Tuseon. Arisona- fie is a graduate of th Colorado State Normal School jaad tEe University of Chicago. Re Is 'esarded as an efieien school princlpi l and will, doubtless, give to tha Pk" of the Frank'in building a satisfactory and successful school year. Another important change is in the position of Supervisor of Music. Miss Irene Trenberth will be the new supervisor. She Is a graduate of a Michigan State Normal School and has held supervisorships at Cadillac, Mich.. Great Fall. Montana, and Pittsburg. Kansas. She has been unusually successful in her line and the music work ia the Hammond schools wilt doubtless take high rank under her leadership. The high school pupils will note several new face. Walter B. Res was chosen from a large number ef applicants for the position as athletla ecach and boys' physical training instructor. Mr. Hess was highly recommended for the position hero by the authorities at Indiana University where he played most successfully in the varsity foot ball, basketball, and baseball teams. New life will be instiled into high school

athletics this year and already a splen

did schedule of contest games with the best teams of this region has bosn arranged. Other new instructors in th

high school are: Misses Ruth Brejfo-

gle. Ruth Carnaga, Ethel Klrby, Garth

Watson, Elisabeth Davis. Mr. L,. P.

Hopkins, formerly teacher in the Whit

ing high school will also bft a new

member of th high school faculty. A new department which the school

board has added this year Is that of

health supervision. For this position. Miss Edith Atkinson has been chosen She was medical Inspector for the Far

go. ??. p., schools for the past two ysers

and is a graduate nurse, and has had considerable experience in the diagnosis of children's disease, etc. It Is hoped the establishment f this de

partment in tho schools will aid in safp ruardtng the pupils from contageous

diseases, unsanitary conditions, otc. The vocational department has expanded largely for th ensuing year.

In order to provide additional room for

the Crowded conditions at the Indus

trial high school, all the Manual train

ing and mfchanleal drawing equipment has ben moved to the Central school

and all -ocational instruction will be

given at this .building hereafter. A complete equipment of forges has been installed and provision has been made for electrical and automobile instruction. A number of teachers have been imployod for this department who will bo under the supervision of F S Barrows, vocational director. The new names added to the faculty of this department are: Leo Francis, A. J. Zimmerman. George R. Peterson, and Artr.ur Merrill- For the part-tjmo classes organized for boys and girls betweosj the ages of. fourteen and sixteen years, who havo been granted "work permits." Misses Mary Dwyer, Selma Nixon and Norma Locklin have been employed. The following is a complete roster of the school organization, assignment of teachers, etc., for the ensuing year. Assignments to grades and rooms are tentative and subject to change if deemed necessary after schools begin: CENTRAL OFTJCE Erwin S. Monroe Superintendent . Eleanor Meyer Superintendent' Sec. Florence B. Whitaker Financial Clerk. Fred McQuiston Supt. Buildings and

Grounds.

SIPERVISIO Alta Atkins. Primary Grade and Kindergartens; lone Reynolds. Art: Irene Trenberth, Music; C. J. Potter. Writing:: Agyes Korenon. Physical Culture; Gertrude Dedien,' Physical Cul

ture; Edith Atkinson. Health. CEKTFIAIj SCHOOL Jennie Mabs, Principal; 'Marie Stout, Kindergarten: Agnes Bruce, IB grade; Anne Keen. 1A-2B grades; Uertrude Forwancher. 2A-JB grades; Ktnci Hathaway, IA grade; Grace Ktrtley. 4B-4A grades: Mary Heath. SB grade; Jane Breck. A-B grades; Theo. Hood. 6A &rade; Rena Schleslnger. 7B grade: Tent Grlssinger. "A grade. COI.IMBH SCHOOL Kate Hamilton, Principal: Caroline O'Donnell. Kindergarten; Mildred Wray 1A-1B grades: Aldea Pepsin. 2A-2B grades; Alys Hess, 3A-3B grades; Olady Miller. 4A-4B grade?: Kalllla Taggart. 5A-5B grades; Lucille Mellette. 6 A-PB grades. FRANKLI SCHOOL Stanford Conant. Principal; Mabel B. Stevens, Kindergarten, Augusta Courier, IB grade: Irma Rush, 1A-2B grades-; Olwen Prltchard. 2A-2B grades; Myrtle Pederson. 3A-3B grades: Clara Swickard. 4A-4B grades; Ethel Shannon. 6B-SA-5.B grades: Ona Prather, 7A TB--A grades. IRVING SCHOOL Herbert Courtrlght. Principal; Lulu Rrackncy. Kindergarten; Ruth Murphey. Assistant Kindergarten; Marguer guerl'.e Patterson. IB grade: Mabel Favorite. 1 A grade: Anita Cotter. 2B grade: Clara Menard. 2A grade; Marena Pell. 3B grade; Lila Schoeneman. 3A gfade; Fern Drew. 4B grade; Jessie Powell. 4A grade; Amelia Stigritt. 5B grade: Wilma Nickols. SA grade: Mary J. Rabeete, B grade; Ezra Macy, A Pearl D!gg TB grad; Alice Middleton 7A grade. LAFAYETTE SCHOOL Rena Ames. Principal: Horten.e

Richter. Kindergarten: Annah M. Waterman. IB grade; Lucille Chapman. IB IA grades; Rose Veenker. IA grade; Luona Baptist. 2B grade; Ruth Dickover. A grade: Gertrude Nelson. 3B grade; Ara Griswold. 3A grade; Margaret Richards. 4B grade; Florence MeKay. 4A- grade: Mabel Sage. 5B grade; Mary Jenkins. 5A grade; Edith Owen. B grade: Elizabeth George. 6A grade; Matilda Barck. 7B grades Marie ILandon. T A grade. t Ll!COL SCHOOL Lulu S. Symmes. Principal; Ruth fiuteliffe. Kindergarten: Stella Norris. Asst. Kindergarten; Myra Larson, IB Crade; Mabel Robert. IA grade: Mary Veager. 2B grade; Marguerite Geib. C A 3B Grades; Alma Kooken. 3B-3A grades Kathryn McLaughlin. 4B-4A grades; Bslva Jones. 4A-5B grades. MAVWOOD SCHOOL Susie Shaffer. Principal; Elsie Lauten Kindergarten; Helen Koehm. Asst. Kindergarten; Georgia Clark. IB grade Ellen Lawrie. IB grade; Ethel Russell. XA grade; Lucille Lyon, IA grade; L--la Thomas, IB grade. Ethey Klotr. ZX grade; P-uth McConkey. 3B grade; Clara Owen. SA grade: Ruth Carter. 48 grade; Nelllie Shultner. 4A grade; Mabel Cone, BB grade; Stella Finn. 5A grad. RIVERSIDE SCHOOL De Etta Curry. Principal; Mary Slater. Kindergarten: Robertint Dale?. IB grade; Sarah McLaughlin, 1A-2B grades Agnes Ross. SA-5B srrades; Ray Jona. 3A-3B grades: Annah Emery. 4A-4B grades; Edith Wainright. 5A-5B grades Bessie Burri A-6B grades; Schmal. 7A-71B grades. WALLACE SCHOOL Blanche Nixon. Principal: Glady rritchard. Kindergarten; Sarah M. Nattwell. Asst. Kindergarten; Bess e Lawson. lB grade; Florence Grubb. IB grades; E.-na Kaske. 1A-2B grades Valla Murphy. 1 grade; -Margaret Byrne. 3A grade: Lena Alexander. 3B grade; Anne E. Jones. SA grade. Marie Beeknran. 4A-4B grades: Theresa Johnson. SO grade: Nelle Gray. 5A-B grades; Lola Mallatt, B ;rsde; Mary Mehaffie. A grade; Maybelle Lawtie. 7B grade; Cecilia Noble, 7 A grade. WASHINGTON SCHOOL Nina Pettet. Principal: Olga Von Meeteren. Kindergarten; Elsa Wettengel. 1A-1B grades; Nanette Johnson. 2A-2B grades: Ethel Ebright. 3A-3B grades; Agnes Fol-y. 4A-4B grades; Mary Herlits, SA-5B grade.-. Helena Amoss. A-B grades; In Morris. 7A 7B grades. WILCOX SCHOOL Oeie Kernke. IXDVSTRIaL HIGH SCHOOL A. L. Spohn. Princopal. Vivian Dietrich. Princopal s Secretary: R. G. Rupp Assistant Principal awd Head Science rpailment: S. K. Winther. ;H ad English Department: Marie Newnham. Head Commercial Department: Mary Buthans. Head History Department; RC. Kenney. Head Mathematics Department; Eleanor Baptist. English: Mabel Dillev. English; Delia Hays. Engli.-h and Latin; Grace Hotchkiss. En?!i.h. Elinor Pattle. English: Ruth Breyfog'.e Hiitorv and Mathematics: Ruth H. Carnaga. English and Mat hametics ; Elisabeth Roman. Mathematics; Florence Scharfenstein. Mathamaties; Mary Edith Wood. Latin; Helen Atkinson. English; Ethel Kirby. Latin and Math.

matics; Isabtlle Latta. French; Roger Risley. Botany; Besyie Barborka. Com. mercial; Garth Watson. Commercial; Eiiza,beth Davis. Commercial; Lola Hametock. Domestic Art; Marie Dahl. Domestic Science; Walter B. Hes.--. Physical Tralnlivg tBoys) Athletic Coach; Maude Gaffney Reynolds. Physical Training (Girls; Physiology; L. P. Hopkins. Civics and Physiology; Mary D. Frosberg. Art and Music. VOCATIONAL DEPARTMENT Fred S. Barrows. Director; Mary Kuck&nbecker. Director' iiecretary, F. E. Benson, Metal Work; A. J. Zimmerman, Woodwork; C. B. Hickman. Mechanical Drawing; L. O. Long. Shop .Mathematics. Arthur. Merrill. Automechanic; Hariret Walker. Cooking and Sewing, (grades); Uertrude Schcrer. Cooking and Sewing (grades); Leo Francis, Manual Training (grades) ; Geoige R. Peterson. Manual Training (Grades); Mary Dwler. Part-time classes. Selma Nixon, Part-time classes; Norma Lochhn, Part-time classes. (Instructors in Printing and Eiectricad Work are yet to be employed for this department.)

So',

STOCK MARKET BUTTER Receipts, S.450 tubs; market is steady. EGGS Receipts, 5.937 cases; market is steady. CHEESE Twins, now. 25V, t 3-4; daisies 26J26 1-4; young Americas, 27; longhorns, 27; trick, 23! iLIVE rOULTRTTurkeya. 43; chickens 2823; springs, 31H; roosters. 23; geese J3S24; ducks. 31 C2. POTATOES Receipts 28 cars; Minnesota and Early Ohioa 250 g 260CHXCACtO CASH OMAX3X WHEAT No. 1 red. 2573 259; 2 red, 236 T; 1 hard winter, 259 3-4; 2 hard win ter 258 3-4; 2 hard wltner 26S 3-4; No. 1 northern spring 265 3-4; 2 northern spnpg 270. CORN No. 2 mixed. lST: 2 mixed. 162; X yellow 16168, 2 yelow 166: 1 white 164; 2 white. 164. OATS No. I white 71; 2 white. 71 X-4 3 72; 3 white. 68 V, ft 70 4. CHICAGO VEAL 50 to 60 lbs.. 17 f IS; 70 to JO Iba. 19 2 1 ; SO to tOf) lbs. 22-JT23; fancy 24: overweight kidney 140 to 17o lbs. 12 8 16. cxacAoo xtvb stocx HOGS Receipts. 2.800; market Is 10 (3 IS higher; bulk 13.0015.65; top, 15. ?5; heavyweight 14.40 15.85: medium weight. 14. So 15. So; light weight 15.10H.5; light lights 14.60 15.60; heavy packing sows, smooth. 13.S5$ 14.25; parking sows, rough, 13-6013.5 pigs. 13.2515-25-. CATTLE Reseipts 2,500; market is SOtt 75 highor for medium to choice butchr cattle; bulls steady to 25 lower stocners steady.

Illinois Central fS Int. Nickel 20 Int. Paper . 73 Mldvale Steel New York Central 73 ' Ohio Cities Gas 3S'i Reading fll Republic Iron and Steel 85m Republic Iron and Steel 53 'i Texas Co. 47 l; Union Pacific 121

U. S. Rubber

V. S. Steel 30

Wesllnghouse 47 'i Willys Oierland 15 Sinclair Oil - 23

B-l-J-Q-U TODAY Alice Brady in "THE DIVORCE GAME" Also Kathleen Williams TOMORROW Elmo Lincoln in "UNDER CRIMSON SKIES"

"Siif". .mm

PASTIME TODAY Madge Kennedy in "DOLLARS AND SENSE" TOMORROW Gadys R. Brockwell in "A SISTER TO SALOME"

Al'.is Chalmers . American Agricultural American Can . American Car and Foundrv

81 77 . 35 ..13 4'i

AUDITORIUM THEATRE 317 CaJwMt Art., HanuBo-4. TODAY Eyelyn Greely in "COURAGE FOR TWO" Alio "Loye'i Night" TOMORROW Mabel Normand in "THE VENUS MODEL" Also "Bath House Beauties"

i DELUXE THEATRE

TODAY

Enid Bennett in

What Every Woman Learns

. SUNDAY AND MONDAY D. W. Griffith's Production "SCARLET DAYS" TUESDAY AFTERNOON "SCARLET DAYS" and Sessue Hayakawa in ARABIAN NIGHTS" TUESDAY EVENING ONLY SESSUE HAYAKAWA IN "ARABIAN NIGHTS"

EAGLE "MIKADO

PENCIL No.174

Resalar Lsnsta, 7 Ucass For Sals at your Dealer. Mads In fiv grade Coaoeded to b ths Finest Pencil mad fr general use. EAGLE PENCIL COMPANY, NEW YORK

A Happy Man

' r,C a- t j --- -j -

Is he who puts himself under the protection of the Hartford Fire Insurance Company. He fears no fire, his property is fully insured to its present value. He has reduced his fire hazards through the fire prevention serv

ice of the Hartford.

Why don't you follow him? The safe way is the only way. Today is the day. Don't let it pass and leave you uninsured. CLAIR M. STEPHENS, JttaJ Ett&tt, Lmm, Foreif a Exckange 3462 Elm St. Phone 993. Indiana Harbor.

TtL East Chleato IS DR. J. GOLDMAN DENTIST VTrvt ettiasJ Beak frttv Cor. Cb1cts A Fersythe Arts Consultation ia Eosllsh. QrnU Jo?lh. UavUfc and Rues la a. E.iT CTC1CAGO. (WB.

FIRST CALUMET TRUST AND SAVINGS BANK EAST CHICAGO, INDIANA Riot and Civil Commotion

Industries and business houses that protect their property with riot and civil commotion insurance are guarding against a possibility that may occur in any community in these days of strife and turmoil. Recent instances are those of the street car strike riots in Denver, the troubles in West Frankfort, Illinois. In both communities. In fimes of civil commotion property is often wantonly damaged, and the owner whose goods and building are covered by riot insurance has a protection against financial ruin. Rates and information regarding this form of protection will be cheerfully given upon request.

Capital and Surplus $120,000.00 Open Friday Evenings from 6 Until 8 "The Bank That Service Built" Bonds-Insurance-Trusts-Checking Accounts

"Where Everybody Goes"

rnneu

HAMMOND :: INDIANA The Coolest Place in Town

Girls

TODAY AND SUNDAY 6 ALL STAR ACTS 6

some Isle55

A MUSICAL COMEDY Music Songs Clever Comedians

ARDELL BROTHERS Novelty Artists

BURT & ELSIE Singer De Luxe

GANS & PERKINS Two Southern Mammici

RUBINI & ROSA Singing and Music

ELSIE RIDGLEY & CO. A Comedy Skit entitled "A Modern Diana"

COMING MONDAY AND TUESDAY CELLI SINGERS

O ,riTrfTrr irn h

texms TaTner

East Chicago, Ind. Aug. 2$, 1920. Dear Dad: I've added $5 to $8 more a month to my savings in a way so simple that it sounds like kindergarten stuff to tell. I simply make it a point to carry very litlte pocket money. If I haven't it in my pocket I no longer fall an easy victim to personal extravagance, or to the requests of borrowing friends. Month before last, this system enabled me to save $6 more than usual with the "Peoples" and last month it added $8 to my regular savings. It's the money a fellow didn't intend to save that keeps him from saving. Sincerely, Bob. East Chicago Sim&Bank J.KALMAN RCPPA.PersiDCNT

WHICH PAYS 3 ON SAVINGS

1 I

;.;CapitaI and Surplus $110,000.00 The First Stale Trust and Savings Bank 1 137th and CEDAR STREETS j INDIANA HARBOR 1

The Bank Book and the Home K"herever you find a contented home you generally will find a kept-up bank book. A savings account, regularly added to. makes a difference in the horre. The head of the house is more cheerful, he is a better workman and takes a greater pride in his wife and children. The wife is more contented and her interest in life is shown in the care she gives the house and in the way she dresses. The children benefit from the happiness of their parents. Is your home safeguarded by a kept-up savings account at this bank? With a savings account here you will not be worrying over what might happen should loss of work come or sickness ensue--the bank book will take care of you. You can have a savings account at this bank by depositing $1 or more.

THE HOME OF THE STATE

BUILDING AND LOAN ASSOCIATION

CTUnder State Government Supervision

Advertisa ia THE LAKE COUNTY TIMES.

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