Ligonier Banner., Volume 60, Number 21A, Ligonier, Noble County, 12 July 1926 — Page 2

l'a Bretz for Glasses : - - 4 ~a Sharp Eyes 'J g For ° 5 /% P‘/ Sharp Work All nochmla like te mse keem re tools of the mind and -n;.t-.;e.xup to do good work and’ resist the wear of constant use ' t 3y Sy iaes Aot il mealds pou to see clearly. L In What Codﬁr : . Awe Your Kyoo R ) Nevin E. Bretz Optometrist and Optician 130 S. Main St. _ GOSEZX 7 W. H. WIGTON / Attorney-at-law Office in Zimmerman Block LIGONIER, IND

We are in a position to give all Printing . Prompt and Careful Attention

' in your letterwodwr printed matter is hd?ful o your business, VVe are ready at all times to give you the benefit of our experience.

Harry L. Benner Auctioneer n Open for all engagemends - Wolf Lake, Indiana Both Noble and Whitley County Phones VERN B.FISHER Sanitary Plumbing and Heating / Phone 210 Ligonier, Ind Howard White WAWAKA, INDIANA AUCTIONEER Bhone 2 en 1 Wawaka Bothwell & Vanderford . Lawyers Phone 156. Ligonier. Indiana E. R. Kurtz ' Auctioneer Znone No. 65, Ligonier.” &

O. A. BILLMAN Wind Mills, Tanks, Pumps,? Water Systems, Etc. _ Well Drilling}; - Phone 333 LIGONIER , Next door to Ford Garage -

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{ESTABLISHED 186e.5 o ""'f kPnblished by ! ; . "he Banner Publishing Company * W. C. B. HARRISON Editor Published every Monday and Thursday and eatered in the Postofliee at Ligoaler, Ind., as second elass matter. e ——————————————————— Motor Accident Comes High . - Daniel Beckwith, his wife and Geo. Kahn, of Toledo, got into the toils of the law as a result of a collision with the auto driven by John Krick, of Sturgis, Mich., the latter being accompanied by his wife and another couple. ‘The accident occurred Sunday night on the Toledo-Chicago pike. Krick asserts that he drove his car into the ditch, but the coupe driven by the Toledo people even then struck their car, inflicting considerable damage. The wreck occurred on a straight road, and Noble county -officers were called. According to Prosecutor Lincoln, the wife of Beckwith tried to conceal a half-gallon of gin alongside the recad. Beckwith paid for $l5O damage done to the Krick machine and a fine of $4l for driving while intoxicated. Kahn paid a fine of over $4O for intoxication, the cases being tried before Justice McCarty at Brimfield.

Meet With Club Members. Meeting jointly with the Jersey Heifer club boys and girls at Skinner Lake were members of the Noble-De-Kalb Cow Tester’s association in their annual meeting. It appears that in the near future both Noble and DeKalb counties will have associations of their own, all within their respective counties. So it was necessary to elect officers for the Noble association. _ With Virgil Todd of Elkhart township presiding, at ‘the business session the follewing officers were elected: - President—Carl Fostetier. Vice president—Virgil Todd Secretary-Treasurer—oO. V. Borger. All of these gentlemen get their mail on a Ligonier rural route. Wills Estate to Wife. The will of Rev. Calvin A. Huber, widely known who died at his home near Goshen June 28 has been probated in circuit court. It was made October 15 1925 witnessed by Louise Grant, and Aldo J. Simpson and designates the widow Clare E. Huber as executrix. ~ All of the personal property and real estate under provisions of .the will become the property of the widow for her life time. Upon her death the estate is to go in equal shares to the two! children of the deceased George F. Huber and Edith L. Kurtz. In event the widow remarries the estate is to be settled as the.statute provides. None of the real estate is to be sold. : 5

| . First 1926 Wheat. " The first of the new 1926 wheat crop reached the Indianapolis board of trade Thursday. Four cars arrived with wheat that experts said was of a quality that seldom had been‘ excelled on. the local market. Two of the cars came from Indianapolis, one each from Lyons, Sanborn and Bushrod, and the fourth from Pinkstown, 111. The wheat tested from 61 to 62 4-10! pounds to the bushel. HERE’S WHY 1926 CIRCUS | IS BIGGEST Ringling Bros. Enlarge Greatest Show On Earth to Dedicate Mammoth ! New York Edifice A circus so big that 1t requires two added rings eight stages a wider hippodrome track and a 700-foot-long big top to display its marvels is now headed -this way. It is the Ringling Brothers and Barnum & Bailey ComLbined Shows, to give performances at South Bend July 16. ~The five rings now used have been ‘made necessary to present the added ‘attractions got together in the spring Lto celebrate the combined shows first appearance in WNew York’s New Madison Square Garden. This edifice is- the biggest ever built for circus purposes. To fittingly dedicate it the Ringling Brothers themselves spent months in Europe mobilizing the biggest circus in ‘history. This same show that for weeks entertained New York’s millions is mow on tour under canvas. ‘ The tournament is as brilliant as in the past but has been enlarged by the addition of such novelties- as zebras anl llamas broken to harness and hitched to gem-studded floats. Wee baby elephants ride at the tops of allegorical cars. The menagerie of more thana thousand animals embraces such features as thirteen elephant youngsters with the smallest stationed side by side with the biggest pachyderms in captivity. Another importation is the largest and hand‘somest tiger of which there is record. ~ Performing horse acts are now presented in quintet—a troupe in each of the five rings.” Those elephants who are performers appear in similar formatien—five herds at one time. The number of men and women aerialists, bareback riders, ‘gymnasts and high-wire perrt_ox:mersj; ‘has been increased to. eight' hundred. There are three hundred and fifty trained horses, two hundred of which appear in a single display. One hundréd double 'length cars are required to handle this gigantic amusement eni, . L rougtoes o Ty e 3 stirring picture gloritying American college ﬁeém mmg;,m

THE BASIC TROUBLE WITH , AMERICAN AGRICULTURE Many Mythical Causes Given But the Chief Financial ~ Problem Rises From Inflation of Capital Account Based on War Prices—Remedy Pointed Qut— . “Trick Legislation” Will Not Help. ,‘Eﬂ By MELVIN A TRAVLOR First Vice President American Bankers Association.

IN recent years agriculture and the welfare of the farmer have been our most fruitful topics of conversation. Political fortunes have revolved around the unhappy situation of the farmer ?oo @A the business barometer has gone up and s & @ down with varying proposals for his relief. Only fua k. a few years ago there was widespread feeling 4 W voiced by the leading agriculturists that the time %9 "8 W was fast approaching when America would = B not be able to feed its rapidly increasing popula- . & W&l | tion unless there was improvement in soil culture, & " " fertilization, reforestation and larger production. A M What is the situation now? The worry seems no S 2B longer to be for food for the hungry millions but — " for more millions-to consume our tons of food. , . Evangelists of despair have talked so much 'f' ~ Tri"“ ‘about over-production and surplus of agricultural products since 1920 that we are warranted in calling attention to a fact or two which may be enlightening to those who have felt th:ﬂ; there has been a crushing surplus of the staples of the

farm. From 1911 to 1915 average: production of cotton was 14,175,000 bales at an average price of 12.41 cents per pound, while from 1921 to 1925 production averaged 11,362,000 bales at an average price of 21.85 cents per pound. In the 1911-1915 period wheat production averaged 806,358,000 bushels at an average price of 89 cents, while in 1921-1925 the average production was 804,384,000 bushels at a $1.111% awerage; in the former period corn averaged 2,754,000,000 bushels at 60.3 cenis while in the latter the average was 2,873,000,000 at 69.6 cents. Cattle on farms for 19111915 were 37,178,060 at an average estimated price of $26.52 while in the latter period the annual average was 41,616,000 at $26.08. Hogs on farms in the first period were 63,151,000 at an average price of $9.58 per head, and in the latter 60,418,000 at $11.34. The Surplus Production Myth From these figures, which eliminate the period that embraced the war and the early post-war inflation, it will- be observed that, witp the exception of cotton and cattle, production has been ‘almost uniform in the two periods. In Bo case has production anywhere approached an imcrease commensurate with the increase in population. Socalled surplus production is largely a *myth and the cause of the farmers complaint must be looked for in some other direction. It must be admitted that all has not been and is not well with this industry. After all, what is the matter with agriculture? There are a few facts which seem obvious as a part at least of the. underlying causes of the situation and which suggest something of the remedy that sooner or later must be applied. Present difficulties had their inception largely in inflation of prices for agricultural products from 1915 to ‘1920 with consequent large expansion of profits. This led inevitably with the farmer a 8 with the manufacturer to expansion of plant and egquipment ~—the acquirement by the individual of larger acreage and modern, if not always efficient, machinery. These ‘statements do not apply to every one because there are always some who play safely and conservatively, proved ‘by the fact that there are millions of farmers who have gone through the recent crisis without any difficulty and are today prosperous and contented. In fact the complaints teday are coming from less than 25 per cent of the farmers of the country and from the hordes of politicians who are seeking to make capital out of the situation. ' Results of Inflation and Expansion With the average and with the majority of those who were swept off their feet by the wave of prosperity through which they were passing, let us analyse the results of this inflation and expansion. The farmer operating on land that he was carrying in _his capital account at a value of, say, $lOO per acre, and who perhaps had a loan of $5O an acre, suddenly found that, becanse of the increased profits from his operations, his land had a market value of $2OO per acre and that, if he had a new tractor and some new farm machinery, he could greatly increase his production. But if he did that he would need a larger barn and more warehouse facilities. The chances are that with an apprgisal of $2OO per acre on his land he increased his loan to $lOO per acre, thereby doubling his capital account and his bonded debt—not out of earnings but because of his ability to effect a “clean write-up” of 100 per cent of his plant account. ; 'lf he did not effect the doubling of ‘his capital account in this manner, ‘and if his $lOO acre farm was clear, he probably bought his nelgébor"s farm for $2OO per acre and mortgaged ' 'botk the new and the old for $lOO per ‘acre. In this latter case, he increased his capital account 150 per cent. ‘lt is easy to see what this did to ‘his net percentage of income. If he . had been able to make 6 per cent on his original investment, without any ‘allowance for the increased cost of .operations which of course did take ‘place, he cut his net income, based " upon his capitalization, about one-haif ' when he had completed his expansion - program. But worse than that hap- | pened. ' His calculations had been . made upon a price for his product | which reflected wartime demand and . buying power of government money | which were suddenly curtailed. Witk

~ County Superintendent Kilgore spent several days last week on a visit to Valparaiso. i 2 z Sel i See “Brown of Harvard” the greatest college story with the best foot ball gamie ever screened at Crystal Tuesday Wednesday and Thursday.

THE LIGONIER BANNER, LIGONIER, INDIANA. -

demand gone and buying power with- ] drawn he found his gross selling price | cut in two. His gross at the high figure had enabled him to make 3 per cent net on his new capitalization. This now was cut one-half by the reduction of his gross selling price and instead of making a 6 per cent return, as he was able to do perhaps on his original $lOO acre farm, he has since been lucky if he has made 114 per cent on his new capital account. ; The Remedy ] I am confident that something of this kind underlies 75 per cent of the present difficulty. How can it be remedied? I believe that time and intelligent hard work is the suvest restorative of ‘better conditions. No ‘magic of trick legislation can aceomplish the result. There are a few facts which must be faced and accepted before a start to better things can be made. The first.and most important is recognition that farming never was, is not now, and I do not believe ever will be a so-called money-making proposition. By this I ‘mean a business in which a.man may ‘engage with the certainty of being ‘able over a period of years from the production and sale of farm commodities to accumulate great wealth, There are those who will say that unless farming can be made a successful money-making proposition there is no hope for the-future of the country. My argument with such people will turn on the correct definition, of what is a satisfactory money-mak-ing business. I beHeve that if farming is intelligently and industriously followed it is a satisfaetory business but I do not beliewe that it is sufficiently a money-making proposition to attract those who.are ambitious to play for big fortunes. There are those also vwho say that 'many men have growa rich in the 'past in agriculture. I do not thimk ‘tivey have from the mere production and sale of. farm commmogities. The men who have grown rich in the past from agricuiture hawe owed theér success most largely to the ownership of what would now be considered very cheap lands, which over a period of years have showmm quadruple anq more appreciation i values. The Advantages of Farm Life But if agriculture does not mean :great wealth, and it certeinly does not involve a life of idlenmsss, ease, or hxury, it does mean much more. R means if intelligently and industriously folowed a character of independence vouchsafed to no -other trade or profession. How do I know this? 1 know it by experience.and I know #t by observation. The farmers of today have more good, wiwoiesome food than any man working on a salary of $2,500 per year can buyfor his family and be able to pay bMs grocery bill without paying any other of his debts. The farmers- who are complaining of their inability to make money encugh to pay for their necesaities of life are enjoying at home as & natural heritage of their business comforts and Juxuries which the mam in the industrial centers working for a salary is spending ' every dollar of his income to obtain and then is mot getting amything commensurate with those eajoyed by the farmer. : ‘lt is these so-called unledgered items of the farmer's tncome thg} are oo often lost sight of in the calcula‘tions made by our reformer friends "who would legislate a Nving wage and universal,prosperity to those engaged in agriefilture. If the farmer as a whole would be hippy again he must take stock of his biessings and thank. God for them, get rid of his quack doctors of political bmnkum, revalue his plant and equipment, and start over again in full knowledge of the fact that he must face keen and effective competition, that he must work hard and intelligently, that he must calculate in his income inherent and undeniable items, which are not measured in dollars and cemts, - - When he does this, I feel perfectly certain that over a period of years, taking the good amd the bad as it comes to all classes of business, he will find that he has lived well, that he has had a fair margin for the enjoyment of all the mecessities of life. and a surplus fer those luxuries which he has a right te claim, and above all, that he will have hf::l‘ mte be ‘an independent individual, a real man and a “lfmmcﬁuzwﬂﬁ- e

Continues to Increase. . ; ‘[ Farmers of Indiana to the number of 18,000 are members of the Indiana Wheat Growers Association. It is estimated they will handle over 3,000,000 bushels of wheat during the year 1926: 71 See ‘Dance Madness” tonight,

~ Hold Up Traffic at Goshen. ik Here's what happened at Chicago and Lincoln avenues Wednesday| movaing: o | Autos traveling on both highways came to an abrupt halt at the intersection. ’ : | Several young women pedestrians sought shelter in Rogers park base-| ball grandstand. ‘ : Two youths climbed trees. Housewives living mnearby closed their doors. ) " This is the reason: Seven—the number was verified by several witnesses—seven skunks walk ed leisurely across Chicago avenue stood for a few minutes on a sidewalk and gazed about. Then they walked to what someone suggested is their den at the rear of a nearby barn. They took their time and this was long enough to hold up traffic. No one followed the animals.—Goshen democrat. ; . | Is Bound Over. Frank Maring, of Kendallville, was arrested recently by Sheriff Singleton, charged with selling and giving {away intoxicating liquor. He was arraigned in Justice McCarty’s court at Brimfield and placed under $5OO bond for appearance in the -circuit court. :

Elks National Meeting. The national convention of the Elks lodge will be held in Chicago July 12 to 16 and it is likely a number of Ligonier antler wearers will be present from the Ligonier lodgeé. e R S I PSS ) Teachers Institute at Albion. The Noble county annual teachers’ institute will be held at Albion August 30-September 3. Dr. A. M. Cain of Ohio and Prof. Ragsdale, traveling ilecturer, are among the instructors. -'! s "l’ | g"\’ 4 ..(n, %3( \)ff W\ 3 “\S‘ . A\) ’ NN ‘ N \‘§ > iz sﬂ \\‘\\ @“‘. NN o /i S RN é \ Your family will be the one to suffer if you are suddenly taken ill or meet with an accident. OOQur liberal Health and Accident policy insures you a steady income while you are laid up. , Do You Know That— : Every minute 50 persons are disabled by injury or illness? Every five minutes one person meets with fatal injury? < Over 11,000,000 are disabled yearly—--30,000 every day? One person out of eight meets with an accident each year? _ ':qut aceidents héppen Where you spend a great part of your time—at home, on the streets, or in_automobiles? ¢ . More people are kept from employment by accidental injury and illness than from lack of work? " One death in every twelve is due to accident? » ~ Everyone believes that fire insurance is necessary, yet there is only one fire to every 500 disabilities-from injury or iliness? Property loss may be reprlaced', but time lost by disabjlity is gone forever? _ : Your greatest asset is your time; and it should be fully insured? ' Kimmell Realty Co. Citizens Bank Building - Ligonier, Indiana » Phone 800

Have you saw the New-Day Jewett or Paige yet? .Af you have not, you had bet-. ter call us for a demonstration § “before you buy a car. - | We don’t want you to buy § to hasty "and be sorrow that § you did [not see the NewDay Jewett ot JPaige before “buying. | 1 :You may be_thinging of buying a new car and ‘we don'tknow it. Just phone 481§ and ask to see our new car, § and we wln call. ‘ ; ?Youts fer\}; better car service. - Kiester | Electric Shop |

On [EFEIaw Pay * Fai . Da il = \ _y& TR EaE Iy Put all 'your money in the bank. - Then pay your bills by check and let ~us transfer your balance to a saving ' account which will earn 49. Many ~ of our customers are following this plan, with profit to themselves. - CITIZENS BANK l “The Bank by the Claek”

Home Realty and Investment Co. o ROOMS 3 AND 4 SECOND FLOOR : . LEVY BLOCK, LIGONIER, IND. J. L. HENRY Manager o " . Dealers in 7 Real Estate, Stocks and Bonds e i i 1 and ~ Property Rentals We have some REAL BARGAINS in REAL ESTATE, never before offered to the public. Call and let us explain the terms and then take you to SEE them - ao _’ If you are in the market for | ; ' INSURANCE , Just call 165 and we will call and quote you rates and terms : on any of .the following , » - AUTOMORBILE, gFIRE and CYCLONE. LIFE, WORKMAN'S COMPENSATION - » . and ‘ - EMPLOYERS LIABILITY Satisfactory Service, OUR aim - YOUR BUSINESS SOLICITED

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