Ligonier Banner., Volume 66, Number 8B, Ligonier, Noble County, 10 March 1932 — Page 2

* The Ligonier Banner Established 1866 Published by THE BANNER PUBLISHING CO. : W. C. B. Harrison, Editor M. A. Cdtherma\n, Manager Published every Monday and Thursda: end entered the Postoffice at Ligonier Indiana, as second class matter.

- Wawaka News - Mr, and Mrs. Vern Medlen were businesg visitors in Ligonier and Kendallville Saturday.. Clarence Medlen was in Albion Monday. : . A. Ripperton was a business visitor here from Ligonier Saturday. Harry Harding was a business visitor in Ligonier Saturday, Tom J. Reece and Victor Metzger, Auburn were luncheon guests Saturday of Mrs. 0. W. Dowell, Mr and Mrs. Russell Beers' son bhorn Feb 22 in Elkhart township has been named John William Russell. Mrs. Ruby Schwab entertained Thursday evening at her home for the Dorcas class of the Wawaka M. E. church. Mrs. Jessie Schwab will be their next hostess.

Crocuses six inches out the ground in bloom were covered with snow sunday. '

Mrs. Cora Lepird returned Friday to Bronson, Mich, after a visit with Mr. and Mrs. J. E Herald She was greatly improved in health. M. E. Culver of Ligonier was a husiness visitor here Friday. The beautifull comedy “The Purple Tantrum’’ the senior class play to be given March 11 is now letter perfect. The star parts in the cast are played by Miss Alice Johnson and Arnold Landon. There are three acts. lln hetween acts a playlet entiteld *‘The Same Man’”’ will be played by Miss Helen Crago and Miss Helen Frick, Also a playet calleq “Who Is That Man? will be given by Miss Fay Herendeen and Miss Mary Domer. Mrs. Sarah Conrad is not so well. Mr. and Mrs Dukes” have sold their land in section 34 Elkhart township to Mr. and Mrs. Harley Yant. -.Mr. and Mrs Charles Brewster of Chillicothe, O, were here Thursday and Friday on business. A. B. Rider will build a new barn on hig farm this summer. Rev. and Mrs. Floyd F. Smith were recent visitors in Burr Oak. The condition of Lee Landon is about the same . ~ Mr. and Mrs. George Conrad were in Albion to see Huston Conrad Saturday and found him very ill.

~ Richard son of Mr. and Mrs. Frank Gage of Elkhart township had a tonsil operation at St. Joseph’s hospital Mishawaka.

Ervin Yoder Topeka wag a business visitor here Wednesday. Mrs. Marie Rose will be hostess to the Elkhart Township Home Division

of the Farm Bureau Tuesday afternoop March 15. Mary Neufer and Lois Fulk project leaders who were at Albion Thursday attending the Noble county project leaders’ meeting studying nutrition project will report data of this meeting to the division. > Mr. and Mrs. John Peake of LaGrange 0., were here Wednesday. Mrs Rose Gard Topeka spent Wednesday with Mrs Mildred Gard.

Mrs. Walter Brill knew that she was to have the Ladies’ Aid and mission society of the Cosperville Baptist

church meet at her home on Olg Orchards farm Wednesday but she

forgot that March 2 was her birthday but the twenty ladies did not and a surprise birthday dinner followed.

Dale To Be Arraigned March 17

Mayor George R. Dale of Muncie ang other persons arrested both there and Anderson on indictments returned by the federal grand jury will be arraigned at Indianapolis March 17 it was announced today. . Dale free on $lO,OOO bond said he and other Muncie officials under arrest, including Police Chief Frank Massey and Fred T. Ellis secretary of the safetly board would plead not guilty. Massey and several patrolmen and detectives were still in jail in default of bond. ¢

‘Two Kinds of Women’ at Crystal Sunday Monday Tuesday '

Home Realty and Investment Co. J. L. HENRY, Mgr. INVESTMENT = ~ ISECURITIES - Real Estate and 4 Farm Loans - INSURANCE -- | AUTOMOBILE ~Cyclone and Fire. Health and Accident .an'd Em- : mg!giegli'{b.l.lgy;rz ~ Surety Bonds mßooms3 and 4 Levy Bldg. "~ Phone 165

By ROME C. STEPHENSON President American Bankers Association ONE of the most significant aspects of the present business period is that, while we had a speculative panic

and while we have had a general economic breakdown yet we have not had any semblance of a financial panic, such as occurred in 1907, and/in other years when the credit and monetary machinery broke down and we had money panics, suspension of gspecie pay-

. R 0 e TR S T aa R R b S i S 4 &, - R. C. STEPHENSON

ments and kindred disasters. None of these elements of a true financial panic has been present in this depression of the 1930’5.. At no time was the banking structure as a whole shaken, despite the unprecedented rate of small bank failures that it had to absorb. At no time was the banking and credit machinery unable to extend support to the panic-stricken and broken stock markets and cooperation to all kinds of business and manufacturing. Anyone would have been a wise’ prophet who could have foretold that our banking and credit structure would stand up so well under condi: tions so bad.

Finance Taking Cuts

And banking and corporate finance in this period of depression are unfiinchingly taking their portions of short rations and enforced self-denial that the nation’s need for readjustment demands. Interest rates on money, yields on securities and dividends on corporate investment have all dropped to levels that constitute drastic reductions in the compensation of capital. These are but part of the necessary economic realignments that all phases of the country’s working life must go through before a general revival of business activity can start. ‘ It is my belief—indeed it is my hope —that the tempo of the next cycle of prosperity will be somewhat more moderate than the mad whirl of jazz that brought the last one to a close. I think it will be agreed that the wors: aspect of the collapse of that period of false prosperity is the condition of insecurity for employment which it caused. Unemployment is our greatest public problem today. Unemployment is the worst wage cut that the worker can suffer. It ig the worst cause of stagnation that business has to strive against. The sooner we can get our masses of workers back into jobs on almost any terms the better it will be both for capital and labor

TRUST BANKING SPREADING FAST

Government Official Shows That This Type of Financial Service Is Enlarging ‘ Its Field

SPECT&CULAR growth of trust service in the banking field is reflected in the national banking system, Aubrey B. Carter, jn charge of Trust department supervision in fhe office of Comptroller of the Currency, Washington, D. C, brings out in an article in the American Bankers Association Journal. ;

“At the close of the 1930 fiscal year there were 2,472 national banks with trust powers,” he says. “Their banking resources aggregated $23,529,100,000, which represented 84 per cent of the number of banks and 80 per cent of the total banking resources of the 7,252 national banks. Trust departments had been established by 1,829 pt these banks which were administering 79,900 individual trusts with trust assets aggregating $4,473,000,000, and in addition were administering 11,500 corporate trusts and acting as trustees for outstanding note and bond issues aggregating $11,803,700,000. “These figures represent an increase during a four-year period of 446, or 22 per cent, in the number of national banks authorized tfo exercise trust powers; an increase of 725, or 66 per cént, in the number of banks actively administering trusts; an increase of 85,370, or 250 per cent, in the number of trusts being administered; an increase of $3,500,000,000, or 385 per cent, in the volume of individual trust assets under administration, and an increase of $9,340,000,000, or 379 per cent, in the volume of bond issues outstanding for which these institutions were acting as trustees.” These facts, he concludes are “a -striking testimonial of the growing public recognition of the desirability of the corporate fiduciary in the settlement of estates and the administration of trusts.”

“No corn—no credit” was a sloga: " adopted by bankers of Saluda, South Carolina, last year. ‘“The proposition was. kept before our people by a display advertisement in the county paper several weeks prior to corn planting time. As a result we hayc more corn raised in the county this vear than ever previously, regardless of the need of rain in many sections;” ‘sald one of the bankers in reviewing ‘<he results. Home gardens was another - project advocated with like results.

Announces ArPor Day

.. Gov. Harry G. Leslle issued a proclamation calling attention to Arbor day on Friday April 8 and urged that Indiana citizens observe the day with a general planting of trees and shrubs ‘wherever possible on publi¢ and pri'vate grounds. : e

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FEB, HAS TWOO HOLD UPS

Third Indiana Bank is Burglarized But No Loot Is Secured

Indiana wound up the month of February with two bank robberies, in which the loot totaled $2,057.55, and one attempted safe blowing in which there was no loss at all.

The first robbery according to the monthly report of E. L. Osborne head of the state criminal bureau was Feb, 16 when bandits held up the Farmers and Merchants State Bank at North Liberty St. Joseph county and escaped with $2,034.50. The other was Feb, 23 when bandits entereq the defunct Paoli State bank an dobtained only $23.05 from officials at work on the bank’s records.

The bandits who spent considerable time blowing the safe of the Statz bank of Waveland Feb. 6 obtained nothing for their trouble,

Four bandits were sentencedg .uring the month to a total of 81 years in prison. Two were apprehended during the month and four were in jail at the end of the month pending trial. One parole violator was overtaken and 293 identifications were made. Active cases pending March 1 totaled 94; new cases reported 7, and cases closed 1, ' The number of finger prints on file up to March 1 totaled 86,216.

Aceidents Unite Brothers

Two of the patients in Dr. Harry G. Erwin’s hospital now are Martin and Henry sons' of Mr, and Mrs. Peter A. Clapp. Henry 9 was struck by an automobile more than two weeks ago and his left leg was fractured in three places He has been in the LaGrange hospital since last Friday his brother Martin 15 became his roommate and the following morning submitted to an operation on his knee, which was badly injured last month in a basketball game. Martin has been crippled since his injury and will be unable to walk for some. time. The two brothers occupy th esame room, and each has a leg suspended in a surgical apparatus,

Want Will QQarified

George P. and Flora Summertomn of Wabash filed suit against the exe-cutor-of the will of Louise Summerton and others asking for a declaratory construction of the will. &

About- $12,000 in bonds was left and it is alleged that the will does not dis-~ pose of this sum; but only of the real estate which the ‘deceased: owned. There is also involved: a note cover ing mortgage: on: some of the real estate. The plaintiffs. contend. that payment of the note should be made: from the: bonds; rather than from proceeds .or foreclosure of the mortgage: on the real estate:

Alienation Suit Moved

Acting upoft'a motion of the plairtiff for a change of venue from DeKalb county Judge William P. Endicott has sent the case of!Charles M, Shear er aghinst William G. Tonkel to Stewben county . The:parties live in Allem county. The suit:is for alienation of affections and: a’ jury that heard the case in the DeKalb circuit court last week disagreed| The plaintiff- demanded $lO,OOO damages.

Ex-Auditor Goesi Free

The cases of Sam Bell former Vanderburg county auditor and A. L. Swan. son head of the Swanson Electrical company charged with conspiracy in the court house wiring contract were dismissed by Judge John W. Soencer Jr., on motion of the defense :

Coal’ Office’ Damnged

Fire believéd*to have’ been caused by defective: wiring partially = des> troyed the ‘coal offideo ft he' H: O.| Greene Coal & Supply' company at Goshen at a loss of $BOO, |

THE LIGONIER BANNER, LIGONIER, INDIANA.

TO SEEK TREASURE

old Diggers Plan to Resume Action Near Fort WayYne With the Arrival of Spring Days

Several thousand dollars in gold coins, a treasure which according to legend is buried in a woods on the Floyd Irving farm twelve miles north east of Fort Wayne on the Milan Center Road' may again be the object of a determined search if the belief of those who give credence to the tale turng into action with the advent of spring weather, Several Fort Wayne persons and many others have visited the® romantic site marked by one of the largest rocks in thispart of the state since three Amishmen picked, shovel ed anq blasted eighteen feet into the ground in an effort to find the treasure a year ago.

- The three men Levi Weirick, John Longacher and Amog Miller living near Grabill dug deep into the ground under and near the rock but uncovered nothing to reward them fop their hard labor. With the weather bitter cold, the weary diggers already the subject of laughs among their neighbors gave up the task. But the suspicion of a burieq treasure in the vicinity lingers on. Only recently a man from Plymouth, whose identity is wunknown, spent considerable time near the rock with an electrical’ apparatus ~ that would detect metal underground, Three times within a short distance of the stone a detection was made but only wire, a dilapidated shovel and a horse shoe were dug up. Finding of the old shovel quickened the interest of many who are satisfied that gold is buried there. According to Floyd Irving 62 owner of the farm, the story of the buried treasure has been passed on for years. Mr. Irving recalls the tales of some of the eariest pioneers in that part of the country concerning the gold, An Indian chief is supposed to have sold a huge tract of land in that territoy to the government. Accepting payment in gold coin only, as was their custom he is supposed to have ‘sought out the ideal location near a }certain sugar tree and underneath a rock in the woods on the present Irving property. . Marking the sugar tree by tying a hickory bough around it, he start‘ed by canoe down the historic Maumee River, which flows majestically nearby. The chief never returned @.nd stories have it that he died at a certain Lake Tavern miles down the stream, Forty years ago Irving cut down the sugar tree and found embedded in the trunk a hickory bough. Add this to the fact that much of the gold given !“the Indians for land purchases in this ‘territory has never been accounted for land there remains a story that is too potent for the Irvings to forget. Mr, Irving’s grandfather John Irving who cames west at the. age of fourteen and settled in the land that is the present site of the Irving farm fn 1825, knew the story. When he died in 1857 his son Alexander, fre‘quently exchanged the story with that r"éf his neighbors who also had their points in the tale. Alexander Irving dieq in 1874. :

About 1835 John Irving established ‘a tavern on the river bank within a hundred yards of the present Irving ‘homestead where he did considerable trading with the Indians who mgy have verified the story of the dead l’chief; The tavern was known as the Fairport, John Irving was buried }on the river bank nearby and his grave is still marked although weeds ‘make it difficult to locate. The Irvings always industrious farmers, may or may not have made ‘efforts to locate the treasure. Floyd }fmag-m not. He'is too busy farming. Tt is not likely that he ever will, There may be others though like Weirick, Lengacher and Miller who have the tale so vividly in their minds

that it is a part of their lives, With warm weather approaching it is not unlikely that picks and shovels .may change the quiet atmosphere near the big rock in the woods.

Patrick Flynn Freed

Patrick J. Flynn charged with the murder of his friend Hugh Burns was acquitted by a circuit court jury at South Bend Monday afternoon. The jury decided Flynn fatally injured Burns in self defense. : Flynn testified that Burns had persuaded him to drink alcohol in a shack along the St. Joseph river, and that after Burns had -drunk a large quantity he fell on a bunk in the shack. -

Flynn ‘said that after Burns had gone to sleep he made a pallet on the floory and also went to sleep, During the night, he was awakened by Burns who was attempting to strangle him, he added. 'S Flynn testified that he struck Burns with an iron bar after he had attempted to beat him off, Flynn said he left the shack after Burns had sunk unconscious to the floor and that he later gave himself up to Sherifi Walter 1. Fegan.

Federation of Clubs Meeting

Several hundred women from all parts of Noble county are expected to gather at Albion Friday for an allday xneer;‘éng of the Noble County Federation of Clubs. The sessions will constitute eighth annual convention

of the organization Mrs. J. H, Ravenscroft of Albion is county chairman.

The sessions will be held at the Lutheran church the morning program be ginning at 9:30 o’clock. There will be a luncheon serveqd at the church by the women of the church. The afternocon program will start at 1 o’clock.

Eagles In (lonvention

Three hundred members of F. O. E. lodges in northeastern Indiana attended a district meeting at Goshen. R. E. Proctor Elkhart past grand worthy president was the principal speaker. Eleven candidates were ini tiated by the Kokomo drill team. A

dinner was served the meat on the menu being lamb furnished by A. E. Kunderd.

‘Well Known Hoosiers Photographec at Novel Valentine Presentation

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Mr. and Mrs. Mark C. Honeywell of Wabash and Mr. and Mrs. William Griffin of Fort Wayne were among the guests of Mr. and Mrs. W. A. Fisher of Detroit when a miniature Napoleonic coach model, made entirely of candy, was' presented to Mr. and Mrs, Fisher as a Valentine from the four . scholarsl;?fwinners in the first annual coach-building competition of the - Fisher Body Craftsman’s Guild, of which Mr, Fisher is president. One of the - four scholarship winners was Donald C.; Burnkam of West Lafayette. The presentation took place at Miami Beach, Fla., where Mr. and Mrs. ‘Fisher i(r. and Mrs. Honeywell, and Mr. and Mrs. Griffin were enjoyinga ~ winter holiday. The rear row, left to right: Mrs. Griffin, Mr. Griffin, Mr. ' | Honeywell, Mrs. Fisher, Mr. Fisher, Mre. Honeywell. The boys holding the . coach are Miami Beach members of the Fisher Body Craftsman’s Guild.

‘TO STOP GAS TAX EVASION New Bootlegging Industry Can Be - Put On Run by Concerted Action e Without the fifes and drums or the blatancy that goes with liquor bootlegging another form of bootlegging has eaten it sway into the. public pocketbook. That is the bootlegging of gasoline which claim the most conservative estimators steals $40,000,000 yearly from highway funds, enough to build at present low prices of labor and materials some 1,500 or 2,000 miles of first class pavement, : : That bootlegging of gasoline has existed for some little time has been known but not until quite recently was it discovered that it has become so widespread that about one-fifth of all gasoline used in automobile: is sold in such a way that the prescribebd gasoline taxes are not paid to the states. : Several states when they became aware that many an unsuspecting motorist’s dollar was making “suc}cesst‘ul" business men out of crooks, | launched campaigns that have a twofold purpose; the placement of bootleggers behind the bars and of gasosline tax money in the proper recep= | tacle, the state treasury.

CGasoline bootlegging which is found in nearly every state regardless of the size of the gasoline tax rate can be stopped and at a profit, In Illinois for instance the 1931 July-October collections were $728,000 more than in 1930 even though less gasoline was cold. Further 50 tax evaders have been. indicted and more will be soon. iPennsylyania is also playing a win!ning hand. In September 1931 that state collecteq one-third more gaso‘line tax money than in the same month tin 1930, Pennsylvania has more than i6OO gasoline tax evasion cases pending iin the criminal courts.

To curb gasoline tax evasion states must cooperate with each other and! reputable gasoline distributors and dealers must work together even ta the extent of forming combative organizations. In some cases it will be necessary for states to tighten up laws. Fraudulent entries in books, the carting of untaxed gasoline across state ling:, the operation of dummy "companie all can he eliminated. At any rate gasoline bootlegging lcan be stopped for gasoline can't be manufactured in the quiet of the kitchen or basement. It must come from large sources of supply, which makes it comparatiely easy for government and private agencies to call a halt. Motorists have permitted themselves to be taxed for the reason that they . benefit through road construction , therefore government is morally re!sponsible‘ for all gag tax mongy.

(oeds Pick Ideal Man

- Butler university coeds editializing recently in the Butler Collegian, student paper, outlined the three prerquisites which their “ideal man’’ must possess. He must have personality, a sense of humor (no grumbling about meals clearly stipulated) and ambition and plenty of it. A By means of a symposium the coeds were able to determine the charac-

teristics of their *‘ideal” Niney-nine per cent of the girls felt dancing ability was important, however, they did not list it as absolutely essential. Only ten per cent of the maidens quizzed evinced an interest in marrying for money, however, sixty per cent are going to be sure that he has some Thirty-five -per cent felt a car was a fine adjunct to their “dream man” and forty per cent thought Greek letter fraternity membership was important, - " Drinking and smoking were em-

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phatically voted down, however, many showed a preference for pipes, if their “ideal” must smoke. A knowledge of bridge was demandeq by seventy per cent. . Minor prerequisites were good looks fine clothes and culture instead of athletic ability. However of all the

fine clothes and culture instead of athletic ability. However of all the suggested traits personality a sense of humor and ambition were most desired The coeds are now on the lookout for such a man. No one as yet has present ed himself as qualified. Candidates are shy, the coeds have decided.

FARM SALES -WHEN ADVERTISED o .lN THE - LIGONIER BANNER ARE SUCCESSFUL B

They have benefitted by the experience of others—have learned that no other newspaper covers the Ligonier communitv as thoroughly as the Ligonier. 7The cost of sdvertising your sale in the Banner is nominal when results are considered. : ‘lf you are planning a sale, come in and discuss the advertising with us. V'e will be glad to assist in any way possible. A SUCCESSFUL SALE v IS ONE THAT HAS BEEN ADVERTISED PROPERLY l 2 > B -~ PHONE 13

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* Beautiful Shoulders soft, velvety to the touch and with an alluring, fascinating appearance that will not streak, spot, rub off or show the effects of perspirration. Dance or indulge in sports fully confident your com. plexion will retain all of its onginal beauty. : Goénﬁm’s .~ CREAM ~ White, Flesh and Rachel Shades

'To The Voters of Noble and Whitley : Counties I wish to announce myself as a candidate on the Democrat ticket for ’Judge of the 33rd Judicial District, | subject to the Primary Election to be ’held in Noble and Whitley Counties on May 3 1932. - ' Your support will be appreciated I CLAUD V. BARKER ~ To the Voters of Noble County I wish to announce myself as a candidate on the Democratic ticket for state representative of WNoble county, Subject to the primary election of May 3 1932, Your support will be appre~ clated. Theadore J. Spurgeon, Will Be Candidate I wish to announce that I will be a democratic candidate for Clerk of the Noble Circuit Court subject to the primary election May 3 1932, JOHN W. LEITER, Kendallville Ind. Will ,Be Candidate I wish to announce that I will be a Democratic candidate for Commissioner, North District subject to May 3 primary, Your support will be appreciated. : R. E. KENNY W, 'W. Dibble Green Township Democratic Candidate for Clerk of the Noble Circuit Court at the Primary Election May 3. Your support will be appreciated. :