Hammond Times, Volume 10, Number 32, Hammond, Lake County, 27 August 1921 — Page 6

PA OK SIX

TH E SATURDAY, A ir.iiimond, 111 W; !ili,lll lit 11 Kl'lu, ,!d services every ,i.MiU sn .ii-.or jtiu Horning Worship at 11 a. m. livciiiinj Worship at 7:45 p. m. 20i Truman av. Itev. Perk.. PaaiofPhone 1U3J. t:'m a. m.- bunday School and Blbla ritudy. 10:30 a. in. MorninK Service. :io t. in. tpworth Lmu. The Christian Frteaas Chaxca. Corner Howard and Logan ats. Ha. -a mond. Services as follows: 10:00 a. m. SuoitJ.y SeJiool. Preaching at 11 a. m. and 7:40 p. ro. Come and worship with u. HER EAR MADE PROVERBIAL SILK PURSE Intel-national BVjla Sttn3enT3. I . ). F. H.iii, 17 J St. 'i to St. t'ublie loof.irc aionu liibi.oal lines every Sunii.iv a! 3-nfi p. in. -Aiwajd Instructive, heij-ftil and rea-.-,-nal'l e. Tho wssdoni irom abov Is n! nohlest science and tho best pistruct Kin. A.l welcome. Seats free. No collection. rirrt Cbuxca of Christ, Sden'lat. 7H0 S. Hohman St. Morning service at 10:45. Sunday school at 12 o'rlock. Wedtosday evening testlnionlal meetIns at S o'clock. A frto roidint? room Is open dally except Funuiy, from2 to 6 p. m , and on Tuesday fld Prlday evtnlnss from T:30 The public Is cordially welcome to nil nervices and to visit tho reading room. NOTICE I Tho EOllaess 2IythocUst Church, at the ! comer of Hickory and CMcaffo avenue, j Read The Times Want Ads Cton ML E. Ctmrcn.

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A number of church notices have been emitted bccnupo th.y wore. not in in t 11,. f..r rubication. Henceforth ail ( '.urch notices must be in this office by Friday, at J:00.). m., or they win i."t be j'Ublished. n; it Baptist Caurcn. 207-213 Sibley at. f.imiay School at 10.00 A. SI. Helpf i l I'iassos for ail. l;.. I'harles K. Parker, pastor cf t'.; !a Port Eaptlst c.hurrh. w :n I :- :nh at both tho mi'rcmg and rvo r.uis service. TU1ITIT Y XJTG-iasH LOTKEBA5 1 , v u.'tham street ami Park Place. If Mickenson, pastor, 1194 Harrison : r- ft . Phone 1 4 4 . a. in. Sunday School. 1,1 "r a. m. Mtiri.imr StTv;co. ' .',' p. m. Propirati r' S r :c! for II i mamnion . 7.1.:, i. m. livening ur.-h:p with lU-iy t'o.lmunion. mrrt rrrtri cuurca. H;hinn and Hishliind sta, J. C. Parrs t. Minister. Ihble School at 0:45 a. m . i..r:i:r.jr Worship at 11 p m. S'-rir.on by Rev. John Rhmd. V. P. S. C. E. at 6: Ho p. in. nivnunond City XUsslou, lag In&la-aa a vs. !. Indian avnue. i pri services: Thur.-J.iy ar.i Sura-- evening. 7:4" p. ni . A .'iuii iiible class ana Sabbath school a i ,i p . m . "pt !i air Gospel mecttnps Thursday nr.d Saturday evenings, S;00 p. m.. cor-, nor Ilo.'unan and F.'Lyelte streets. .lso at So State St.. 7:30 p, m. O J. Allen, Superintendent, l'cu are Invited. CI. pauPe 47fctvre& Xplscopa. P.imbach Ave. and Ann St. Fv. Peter Lang err! or ft. Rector. Tl'in will be services at a. m . and !"o a. m . tonoorrow . The rector will r-ewrn from his ucat., n within a few U s sr. ! ail scri, ' s xv ;V. bo wdKi i at the usual hour." .

Photo shows accommodating lady who gave her ar for the silk purs experiment. Don't let your grandmother tell you any more that "you can't make a silk purse from a sow's ear." It. has been done. Dr. Arthur 1). Little, a, well known chemist of Cambridge, Mass., recently made an artificial, silk purse from just such material. He upet the ape-old theory that it coula not be done and the solemn looking animal in the picture lent him vhe? ear for tbe experiment.

rat sr anisTiAy chttkck oaiuniet avenue and yu miner Boulevard 'j ::,i Bible School. I : 4 3 ConiT.ur.ion and Sermon. f-i,bi t : "Imitating God." 7;o,: Junivir. Ir.terniediata and Senior Chri'.-ian Endeavor. ; p m . Sermon : "How Cui Or r,f J a Heirt." ECtrrH eide csruM.cn or chkist Sfr.vl.i rd Ave. and Van Buren st . ; Bih'.e school. .1 IS 5rmon by Lawrenc Forhn. t. Paul's Xntnra CHorcCk i Clinton st. F. Llchtsinn. Pastor. fi .1" German service. lr,:4." English service. t ?:."' Sunday erhool. HOJiTlOE 8TUIT St. X. CHUECH Ir. H.- T.eeson, pastor. f1 !." a. m. Sunday schoo',. O. N. K per, Supt. 11 a. m. Worship. Subject; "Th" Influence of Relisrion." 7.i'n Epworth I.eaEruc. 'Pi wer of a Lvabl Personality." Meredith Wells. ? P m'. Evening sermon. "Chrlf t'anity's Greatest Tap's. - bmnuad S-ranfeUcad Cfituca, US Sibley St. Rev. Crl SchaeO-, pastor. Phone 1185W. f no a. m. Sunday School. IUd a. m. Regular service. Wednesday S p. m. CongreFitionai meeting. Cairattos Xrsxr. C1 East State Pireet. t'apt. &eo. A. Hei-jt ar.d Lieut. K.

Ser'ici's on T-jisJiy, Thursday, and Saturday at S p. m . Sunday 1" iS" llolincPs servK e . 2. nr. Sunday si h.-ol . 6:?- Your. ft IVi.plc's I-ej-.on. S Sa'.N at ion met tins . Friday '2 . " p. in Home Iv-acrJ ir.-'etin- f r women over 1 years. 5aturnay 2 p. tu . Band of Love Class for children bet wet n 5 and 15 year? . Fverybody welcome. Adjutant Phillip La, won. Toun? Pr o P s Secretary I r un Chicago will conduct tiie $i rvnu ,-r. S'lniaj . ,u 21. Come and brier a friend.

First Methodist Episcopal Church. l'.ujffi; s'ret-r He v. Benjamin Rlst. pastor. S3J Hohir.au street. I'hoae 30''.:. :.. ' a. m. Punda;. School. 1 . 4 5 a. m. Stornii.ff ors'.np. Th-ime; 'T'anie! t hv i"h r .s : : a n . " Special mu.-i, by Mr. Wiederg'-tt and L-r-othy W;eder(-ot; . " p. m. Lpworth Leap.ie. 7 4 5 p. in K en iff- service . i hi ri.i : " A F"i,;i.-h Lusmess Man." Wodnesdajk 7:io p. m. Prayer and praise service . A cordial invitation Is irtven all In the community to all services. Pine Street Prastytemn Church. Corner Pine st. and Chicago va, E. LeRoy Steff-y, Minister, 406 Oak street. Sunday school at 0:3') a. rr. . Morning wershi pa' l-.iT, a. m. The Rev . N. V. An drews. K-ntiand. Ind.. will occupy the pup'iit and bring the mas-sage. No other or ic-s for the

TEX TUX.I. GOSPEL M1S3IOST 2'"' 2 Hofftnaji s'i'ci t, corner Town sL 1 blo.-k i ast of Hohtna !i. ln;',,i a. m K :.i:,-lifni . 2."' p. m. Siir.ilay scho"!. ; m. Praise m-.-ur.s. 7.40 p. Ill 1 . a i:(,'' 1 1st : Mrs. J. AiTiistronc. Supt Cantenary. M. E, CTharch, Warren C Hensiee. Pastor. Church has moved to the new church builniiitr on the corner of G-oStli-i and Tow! st r' - ts. Surid.iv School at 3:45 a. m. IT. aching ,1t 30:15 Jtir.ior Lc ague at 1 o : 4 . . Epwurth L.-aitu-- 7:'" p. m. Leader. New tel. Sims. 3 rcaohir tr service at S 00 r m. A v K-ome for all.

' SOEL ST. PENTECOSTAL ASSEM.

74.1 S-h; tt. ' I.-.r.'l J .i y Servic. .- 10 .".ft and 7.r,0. T'le.-in ever. ;n ilible- Study. Tl'.ur.-d ay v n:r.K prayer and testimony. Kv i rijii list If. W. Thoma;'. of Shenaiid, ,. h, ia , ili preaeh morning and e t ning . rtrrt Churcn oi tie iTaaareaa. Corner Calumet and ilichlfan ae. A. M. Wells, Pa-stor. Sunday school. 9:45 a. m. Morntngt Worship at JO. 45 p. m Y. P. S. Mvetinje at 6.45 p. m. Kvnr.frelistio Servo , ;t at 7:45 p m. Mid-week Prayer Mtetins. Wcdn'-sdaj a i7 4." p. m. W. F. M meetins- Thursday at 2 i"0 Teacher s Mtetir.ft. Friday at .".

The Most Useful Household Appliance IS A GOOD ELECTRIC IRON

Hot Point $6.95

Universal $675

The First Spiritualistic Church of Went

itiffiit! bearers f pr-". e t :.. dead do I live. Mrs Lib n Lc, pa..'or, fy,"j State '

ft

WESTINGHOUSE, $8.50 EASY TERMS SMALL PAYMENTS Northern Indiana Gas and Electric Company SALESROOMS.HAMMOND, 571 Hohman St. EAST CHICAGO, 619 Chicago Ave. INDIANA HARBOR. 3402 Dm Street

I.tne

tss supplv a lapse part o- -2. U - 1 - "i ft k - ' f v . r, .4-, 3 3 Fvs. 'v V Tf- u . b vVv4 ---'- 1 ou fobe.gm trade. ;r?j?r:;jv Hv4Hl;tHv-, v. . -;5r

fAh.i(( rrr,; . I f . -T-," I - l-il-sr-JJ Ll'C J INTERIOR BANKS ARE HELPING ThE

Vi? Kn rvnSiN , r tt w Iti A SOUTH ANER'CAN fluftfetft PLANTATION SUPPLYlNfJ ONE CF THE IMPORTANT f 7 f V rf e - ' ? PRODUCTS WHICH OUB INTERIOR INDUSTRIES MUST BUY FROM ABROAD. I 2-"1' '-JXtf Ttt? 't-J? Or?' 'V"' Cy ' v-v C'J "

',i-.,- " '...' v. ;.,' .J-rTrv,,',,'l"('','llJi.iiiii inwinrtthmnili nsw'1'"" , - ;t V'ttitli tifilllWil-'i'' i "' ,i, i i.i.'i n.-.. - :- ".- - v '

By FRANCIS H. S1SS0N, Vice President Guaranty Trust Company of New York. AS a result of the war. tb.is country has been forced !n-

J to many new Industna

and financial activities that reach out Into every foreign country, activities which affect the welfare of the smaller communities nearly as much as Ihev do those cf the larger cities. Manufacturers in small tow&s throughout the United btates have hecome Interested In the possibilities of foreign markets, and tiiey naturally are looking to their local banks to advise them reard!ng their foreign trade problems both actual and potential. We believe that the time has come for the interior bank to realize that the biggest thins It has to sell Is service, anil that one of Its greatest opportunities Is to aid In the development of American foreign trade. We have learned by recent experience that the factories of America arc today so h.je and their output at full capa ity is so gre;it that the domestic market cannot regularly absorb it. It Is only by a constant flow of overseas trade that -e can run full time all the time. To do less than that means homes in American in which the breadwinner Is out of work. -Increased orders from foreign countries tend to change the seasonal dmnnMs to year round demands. The manufacturer who has a market for bis goods In South America, for Instance, possesses a great advantage, because the seasons there are exactly the reverse of out own. And go, because the markets of all the world are greater and steadier than the markets of any one country, the American manufacturer and merchant must cultii

foreign trade Is evident from the fact that a large proportion of the manufactured goods exerted from the United States is produced In towns with a population of tlfty thousand or less. There are two thousand one hundred and fortynine towns of this class. As to our Import trade, it is only necessary to point out, for instance, that Akron, O, with a population of one hundred and fifty thousand, buys about

trade publications. Hut In far too many cases when they go back home they do not find in their own town the facilities for obtaining the information for transacting their foreign business. Export shipments are made constantly from all these small towns. Imports of raw materials needed tn our industries are constantly flowing from the seahoard to the Interior. AH these transactions involve the services nf

it

sixteen cities ! ten thousand to twenty-five thousand. In 1014. the total value of manufactured products was $3,261 .aOo.lXH). Cities of fifty thousand and less make up a large proportion of our manufacturing area and present almost unlimited possMdlitfes from the foreign trade standpoint. There ar one hundred and thirty-three towns of tli is class in Indiana and the same number in Massachusetts. The most cursory examination of the manufacturing facilities of these hundreds of small towns reveals their possibilities from a foreign trade point of view. And the manufacturers In those owns are no longer groping In the

rate the foreign field, rind the In-1 dark In regard to foreign affairs.

one-fourth of nil the crude rubber batiks. The interior bunk may In-

the world. In four bundled and terpose itseir as a useiui nns in u.e

tenor bank. ( in co-operation with the international bank, must be prepared to offer facilities necessary for the prompt and efficient handling of foreign trade transactions. That the Interior bank Is vitally jbtsrestedJii Ji development of

Practically all of them are members of powerful trade associations. They journey in large numbers from the small interior towns to NewYork or San Francisco to attend foreign trade conventions, and they ar dillficnt reader of foreign

system of overseas trade. It Is obvious that the Interior hat.k cannot set up elaborate machinery and an expensive personnel equipped to answer specific Inquiries regarding foreign trade. The International bunk has, however, built up a worldwide network uf branches, aflillatiotis and special correspondents, backed up by staffs of experts In the metropolis, which is freely offered to the Interior banker in order to assist h'm to develop the foreign trade of his community. To Illustrate concretely Just what this means, let its examine the facilities which are offered to the Interior bank by the large international financial institutions. First of ail, they have direct banking con-

mer.ts. They are In direct and constant communication with thousands of correspondents In every trade center of any Importance throughout the world. In their foreign trade services these International banks have created dermrf merits to give specific

A TYPICAL MIDDLE-WEST BOARD OF COMHERXE

BUILDING-THROUGH COOPERATION WITH THESE INSTITUTIONS THE LOCAL BAN ICS ARE AlDlNO BUSINESS ntN in WORLD MKCMNDIZ.JWG

peoples Inhabiting them Is a daliy service of information by mall, wire and cable from private and official sources and from their branches, subsidiaries and agents throughout the world regarding changing conditions, new demands for American

products and movements of foreign

K-rcial Information, bv later- i buvers. Over the desks of these ex-

lew or by mail, regarding tbe pros-1 ports there passes ench day a large

peot for tho sale of American goods abroad. They have immediate access to reports regarding the credit and commercial standing of hundreds of thousands of foreign firms and corporations, all of them carefully revised to cover changes made during the w ar. These departments Include In their personnel experts on tariffs, marine Insurance, freights, forward-

neeflons with Great P.ritain and i ing. customs duties

Continental Europe, the Near Last. I.atin-Amerlca, South Africa and Australasia, with China, Japan, British India, the Dutch East Indies and with tbe Straits SetUe-

h :ppi nir

documents, and men who have traveled extensively in foreign countries. Supplementing their personal knowledge of foreign countries and of the manners and customs of the

quantity of written and printed ma

terial in all languages, and Items of Interest to American exporters and importers are sent e-ut promptly to especially selected mailing lists. There are a camber of ways in which the Interior banker can foster Interest In foreign trade In his community. The local public library, for Instance, can be utilized most effectively In foreign trade promotion. It should be supplied with a good selection of books on foreign commerce, foreign countries and foreign travel, commercial geography, international law, tropical and sub-trepica! and other Imported

commodities, atlases, books on shipping, on marine Insurance and foreign exchange. International banking and ports and harbors. The local schools can do similar worlc Most important of ail. however, Is the proper organization of the business men f the community. The Chamber of Commerce should form a center for tb foreign trade activities of its members. It should maintain an up-to-date list of all members doing an exporting or Importing business, with full details of the commodities handled and of the foreign countries In which the members are Interested. A foreign trade reference library shoild be Installed In the local Chamber cf Commerce and should contain directories of foreign markets and directories and list of American exporters, exporting manufacturers, dealers and commission houses. This library should receive regularly ail the publications of the Bureau of Foreign and Pomestlc Commerce.

Direct eoct&ct should be established with the American commercial attaches and trade commissioners maintained by tbat bureau In foreign countries. Arraagemecta should be inade to obtain regularly tbe foreign trade publications of the National Foreign Trade Council, the . American Manufacturers' Export Association and of the large backs which specialize In foreign trade. Subscriptions should be made to tbe leading export trade journals- Foreign visitors to th'.scountry should be encouraged to visit the local manufacturing plants. Another effective method of obtaining Information direct from foreign sources Is for tbe local Chamber of Commerce to arrange for the exchange of membership and services with American Chambers of Commerce In foreign countries. The Interior banker has an important part to play la the development of our Import trade, as weHa! that of our exports. Our depend ence upon other countries for foodstuffs and raw materials grows constantly greater with the increase Is our population and the productivt capacity of our industries. Ia order to provide a sustained market for our surpLiss ma-nufsc-tures we must have a regular and increasing supply cf many commodities which are not produced in the United States, or which are produced In such small volume as to be entirely Inadequate for our reqoireaients. The Interior importer most hav facilities for buIng these commodities In distant lands. He rear desire help In locating sources cf raw materials, advice regarding reliable foreign exporters and market conditions and on how he may establish the necessary Import credits through his local and International bankers. If our foreign trade Is not to suffer through Inadequate financing, we roust Ue thought to some foru of long term credits In order tr supplement the operations of th International banks and to make liquid the frozen long-term credits In foreign markets. To meet this situation the Edge law was recentlv passed. This law gives us, for the first time In our history, financial organizations for the express purpose of asslstinr foreign trada through long term investments. The original Federal Reserve Act authorized the establishment cf branches by our national banks In foreign countries. The "EAz" law goes one step further In providing for the Information of these foreign Investment banks under Federal charter. A most Important provision of the Edge law is that which permits corporations formed under its provisions to issue their own notes and debentures for sale to in-, vestors. The interior banker, therefore, plays a very definite part In educating his conomunlty In the relation which our overseas commerce bears to domestic prcrsperlty and In pointing out the desirability of such securities In order to make possible a continuous and increasing flow of foreign orders.