Ligonier Banner., Volume 69, Number 51, Ligonier, Noble County, 16 January 1936 — Page 4

STATE SALARY LAW UPHELD Tréasurer Denied Right To Retain Tax Délinquency Fee = The state supreme court upheld the constitutionality of the 1931 ‘aw fixing uniform salaries of couaty officals. The decsion wag made in the appeal of Hazel! K. Groves fcrmer Lak¢ county courts. e Mrs. Groves sought to retain =ix per cent commission on delinquen: taxes collected from July 1 1931 ‘o Dec. 21, 1931 following the practic of other county treasurers The 1821 act classified counties and = Nrs Groves alleged it was unzonstititional because it plac2| Lake couniyr in a separate class. , The supreme court helg the general assembly haa fixed classifications broad enough to comply with constitutional requicements. It also held that if the lower courts altempted to condemn the acticn of the -legislature it would be substiuling its judgment for that of the general assembly. : The opinion was wrilen by Judge

DR. J. §. WELLINGTON OPTOMETRIC 'EYE SPECIALIST Eons Examlned — Glasses Fitted Zimmerman Building Every Thursday Evening 6:30 to 9 Phone 273 for Appointment

~Arthur Claudon Crustee Perry Townshsp Office in the Mier Bank Building Office Hours—Friday Nights, by appointment only

O. A. Billman Well Drilling Water Supply Systems Phone 333 Ligonier, Ind’. : wW. H WIGiON Attormey-ai-i aw tymce fn Zimmereman Block LIGONLER, ND S el e s Harry L. Benner Auctioneer . Upen for all engagemends Wolf Lake, Indiana tsoth Noble an# Whitley County Phones

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et s W 0 e %7 ogy g R b ey, T B L 4 iel ey i .:::E{!%"é?f??iiffi = S e iMR M P e e L B Vi R o 2 ARt e G SRR ik o S R o s e F% Q % Mg B R G 7 A ¥ R A S |‘GRAND OLD MAN OF ,;?’Wﬁgﬁ%ﬂ A S SCIENCE CELEBRATES e T oot BIRTHDAY —Am- Sz 7o 7 ; o sAR L s brose Swasey of Cleveland, !gfgjwﬁz# Conl o Ohio, famous as the %%%} S M s o e L. . telescope ler, is shc SR R | beside a scale model of A » ¥ the'McDonald Observitory’ SMALLEST sﬂnom,... bably the | which will house the 82- gmallest schoof in' thé world is this | ilnch reflector telescope gne in Great Britain. It has three ‘| which was built at the pupils shown leaving the tiny edifice. ‘| Swasey plant. “

George L. Tremain 2nd was copeurred in unanimously. e - Oppose Inflation by Bonus : Bitter republican opposition to inflationary methods of paying the bonus developed as the house debated the united front veterans’ hill. he united front bill - specitied = no exact manner of obtaining lands with which to pay the veterans the $1,100.000,000 in cash which it is estimated the measure will require. : ~ Inflation leaders including Repre: sentative Wright Patman deamecerat, Texas, have been hopeful of tacking a currency expansion provision on the bonus measure. It was considered certain @ that President Roosevelt would veto any inflationary bonug proposal and veterans’ organizations devised the present ‘“united front” bill with that in mind. ‘ Fred Kollamn died at his home in Klendallville Monday afterncon. He wag the father of Syril Kollman of Avilla who is a brother-in-law to Mr. and Mrs. Ray Gordon.

Automobile Insurance Old Line Stock Co. No membership fee—No assessments—Premiums payable in monthly payments if desired—All claims settled promptly KIMMELL REALTY CO. 108 McLean St. Phone 800 Ligonier, Ind.

° e @ @ ’ Ligonier Shipping Ass n. WARKET YOUR LIVE STOCK CO-OPERATIVELY “’(n the Hands of a Friend From ; Beginning to Bod.” The Manager and secretary are bond »d by the Massachusetts Bonding and insurance Company for protection of sur patrons. NHREN YOU HAVE LIVE STOCE TO SHIP, CALL Howard Herald Phone 711 - Ligonier checks .b : COLDS : and | - FEVER first day Liquid, Tabl_ets HEADACHES Salve, Nose Drops in 30 minutes _—_——— ~othwell & Vanderford Lawyers ~hone 156. Ligonier. Indiana

THE LIGONIER BANNER, LIGONIER, INDIANA

DETECTIVE RILEY

OULR HERDS SWEETHERRY HAS FRLLEN WYO %Cwm-\es oF i ves owe giR COMES "THEIR vwng SOON, THEY Ake BoTh DOOMED e s ponE = = géw\’n\sma%\; = / 1= ADLY, sl = NG h‘é\"g\\ i:? L 2 2\ SREM » 17 CAESARY) & 2 N iR e i o, A % VG T 40 ?/"/:/‘b e :-_'._—- |

WOULD PROTECT BANKING FIELD IN RURAL AREAS

American Bankers Association Announces Purpose to Combat Return of Excessive Number of Banks

CITES LAX CHARTER POLICIES IN THE PAST

Finds a Chief Cause of Bank Failures Was Too Many Banks—Existing Sound Banks 3erving Communities Well

NEW YORK. — BExisting sound | banks, especially the small banks in the rural districts which are serving their communities well, should be protected from any return of the overbanked local conditions caused by former ax chartering policies, which were mainly to blame for the-unfavor-able failure record of the past, says the Economic Policy Commission of the ‘ American Bankers Association. This is brought out in a report covering an investigation by the commission of bank failures and public policies in charter‘ing banks. “The Commission’s study gives an impressive revelation of how great a part mistaken public policies in the’ chartering of banks played in creating the unsound banking structure which finally collapsed with the Bank Holiday in March 1933,” Robert V. Fleming, president of the association, says in a foreword. : “Over-production of banks, literally by thousands, over many years in the face of insistent warnings not only from bankers and others who recognized the danger, but even more so from the mounting records of bank failures themselves, is clearly shown to have constituted as a whole one of the greatest single economic errors in the history of the Nation.” A Recurrence Feared He refers to fears of a recurrence of over-banking recently expressed by Federal banking authorities, to the powers given the Federal Deposit Insurance Corporation by the provision of the Banking Act of 1935 over the admission of banks to membership in the insurance fund, to strengthened ' state laws and to the policies now being followed by both national and state super- ] visory authorities aimed to safeguard ' the nation against over-banking. | “But sound laws and conscientious i officials are not of themselves always sufficient safeguard in any field of our complex national life unless they have the active support of public opinion,” | he adds. “It is the purpose of the American Bankers Association to aid in marshaling public opinion in support of both national and state supervisory au- | thorities in their efforts to strengthen and protect the banking structure.” | The Economic Policy Commission summarizes its findings in part as follows: _ ' “The facts show a distinct causal relationship between the over-chartering of banks and the abnormal bank failure conditions that prevailed from 1920 to the bank holiday in 1933. It is desirahle that studies be made on the basis of experience to develop standards governing the number of banks or the volume of bank capital which can be suc cessfully operuted. “Such a study would embrace the question w ~ther ban*ing facilities can best be supplied to the rural districts by small unit banks or by branches from nanks of substantial capital in larger centers. Existing .ound banks, which are serving their co: munities well should be protected from any return of the over-banked local conditions caused in the past by lax chartering policies. Banking Officials Queried ~ “An inquiry among state bank commissioners shows a preponderant opini,.ion _against increasing materially the number of banks, coupled with the fact that present laws give them sufficient diseretion to prevent a repetition of the grave errors of the past. ; s ~ “Under prevailing abnormal conditions, with the Federal Government extensively exercising loaning powers in ~ competition with the banks, and with' _industry itself so largely supplied with funds s to render it to a great degree independent of normal bank borrowing, _the banking structure even with its ' present reduced numbers, finds it diff _sult to support its existing capital in ~vestment and operating personnel. | “These are new factors, intensifying ‘the meed for highly prudent and restrictive chartering policies. We urge the retirement of the Federal Governrapldly as the return of normal busiih et s e " Spuaph Aoy, B, of Dl wiie cireult n March bth, v et e ko rpirpdifpriod T S

P LEAVE HERCDT & PA. VA &= | c;’:-me\. SHE WAS B &‘u@nv%u < ' NO‘“-\\N_‘G_' ?r go : é‘f ;{\%‘ECG%&ER R WE =55 \é'el%een You 5::? TRE ACID DoES AND ME W % ITS WORK, % 7, Youlk. Thixl 7777 R 4/] 5 o —————————— P, > e ; _——— i 7 ShIIPZR . = i BT S — ’ ok, -= ~4 Q," é : ' ¢ %D — 4n 4 / ____ + O, // %/ 2./ A W ~ SB\ Os= : i b ‘? 7 R, s ’/ Copyright 1938, Lancoln Newspapes Featuves, Inu '_{/,_‘,:

MAIL CARRIER ARRESTED.

Clem T. Hart Waives Preilminary Examination on Charge of Robbing Mails; Bond $l,OOO.

Clem T. Hart, 43, substitute mail carrier from the Kendallville postoffice the past eleven years, and who was taken intg custody by post_al officials Saturday afternoon on a charge of robbing the mail, was arraigned before Uniteq States Commissioner William D. Remmel] at F:. Wayne, late Saturday afternoon and after waiving examination was bound over to the United States distriet court under bond of $l,OOO. He was committed to the federal division of the Huntington county jail, pending the furnishing of bond for appearance before Federal Judge Slick. Hart's arrest Saturday morzing climaxed an investigation which had been carried on by postal inspectors. The charge against him spa:ifica’ly states that he allegedly stole, abstracted and embezzled from the Unit ed States mail a certain letter beaiing pastmark “Columbus, Ohiv, January 10, 1936,” which letter contained valuable contents. The lette: was addressed to a patron of the Kendallville office, on which route Hart was covering Saturday morning, and when he failed to deliver the letter he was taken intp custody. A detailed confession which included num eroug other thefts, followed the questioning, the officialg said. - Although ng defite audit was veported the vapjous amounts of money taken would aggregate $l5O or more, the officials salll. Thetts also included parcel posfs Hart has been under surveillance “Bince patrons reported money forwarded by mail failed to reach its dggﬁhation. Many of the reports of losses were in connection with Hart's services as carrier; causing the investigation to be centered upon him. Hart is married ani the father of five children. Wawaka News. Merle Lauer of Ligonier was the guest of Mr. and Mrs. Dan Lauer,. Friday. ! Mr. and Mrs. Joe W. Smith enters tained Friday evening at six o’clock dinner for a number of out of town guests. Mrs. Mae Graham, Fort Wayne, spent the week end here with her sistep Mrs. Mrya Smith. Ralph Gallup was a business visitor in Ligonier Friday. Mrs. Frank Gage came home from Ligonier for a few days’ stay. She is greatly improved and able to be up a while daily. Teachers institute was held at Albion Saturday. Teacherg of Wawaka and North Elkhart schools attended. Mr. and Mrs:. D. A. Rose gave a birthday dinner Sunday, honoring their son John natal anniversary.

Ditsel-Flectrie Engine,

The Diesel-electric locomotive which went through Ligonier on its first test run over the Noew York Central January 3, has since made several tripg between Cleveland and Chicago, hauling traing in regular service. One of the N. Y. C.s Tfastest trains, the eastbound Commodore Vanderbilt, was pulled by the Diesel Sunday aftermeon. Because of its unique appearance, the locomotive hag attracted much attention. Another unusual engine, the streamlined steam locomotive, Commodore Vanderbilt” hag been used regularly for pulling the Twentieth Century limited during the past esveral months. T g ;

Loses Part of Finger.

Flossie Loeny, 16, daughter of Mr. and Mrs, Verne Loney, of near Elkhart lost part of the ring finger of her left hand ag a result of an accident Saturday 'when ghe caught her hand in the gears of a fodder cutting ‘machine. j The ring and little finger were bad1y mangled. The ring finger was ‘amputated atSthe second joint, but }th‘e little finger may be saved. She is freshman im the Concord high school. 92,920 on Government Projects’ A total of 92,926 men and women were employed on government projects in Indiana at the close of 1935, Clarence E. Manion, state diréctor of the national emergency council has announced. , ; The worksg program administration accounted for 80,279 of those employed. The civilian conservation corps ‘enrollement tﬁ%ﬂed 9,640, and the remaining 3,181 were employed in PWA o

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STIVER SPEAKS AT MEETING

Proposes Program To Reduce : Automobile Accio dents

[ A seven-point program designed to reduce mounting traffic fatalities in Indiana wag proposed by Donald F. Stiver state safety director in an address at the opening session of the Purdue safety institute. Several hundred city town and coutyr offficials {and teachers attended the conference. Stiver suggested “econtinued improvement of highways and automobiles from an engineering standpoint, strict- and impartial enforcement of all laws adequate mupicipal and highway patrol, uniform driver’s license laws, educational work for drivers and pedestrians and a coordinated state-wide safety or-~ ganization program.” : Speakers on the program were J. A. Keefe, Anderson, Earl Crawford chairman of the Indiana Highway Survey commission and Prof. H. M. Jacklin, Purdue. Dr. E. C. Elliott president of Purdue, in an address outlning the purposes of the conference - said it was called “to bring together agencies most interested in controlling traffic and reducing the loss of life and property. . Bang Bandit Shot. Robert Moore, 40- sought since 1932 on bank robbery charges was critically wounded in a gun battle with St. Joseph county sheriff’s officers neay South Bend. Moore allegedly participapted in a holdup of the First National bank at Hinter, N. D. He wag taken to Epworth hospital, where attending physicians said he wag not expected to survive wounds caused by machine guns used by the officers. A miniature arsenal was taken from Moore’s automobile. Moore later died -in the hospital of the wounds. Aged Man Denied Divorce The petition of Wesley Houghton, 87-year old Wew Carlisle farmer for a divorce from his 20-year old wife Flossie whom he married on May 2, 1934, hag been denied by Judge Fred Bingham in superior court. The plaintiff charged his wife's parents Mr. and Mrs. Sonny Wilfong of New Carlisle are attempting to ga‘n control of his property. He has not lived with his wife for several months, Houghton said. ;

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“If You Want Folks To Know Whoe You Are ... Where You Are ... And What You've Got To Sell Then...” Advertise!

Engineer Dies at Elkhart

Orville H. Banta 68, of Elkhart, a New York Central engineer died suddenly of a heart attack just after getting off a train which had arrived from Chicago. Mr. Banta had gone to Chicago as ‘engineer on Train No. 68, leaving Elkhart at 5:25 a. m. He began to feel ill by the time the train reached South Bend but continued to Englewood, where he had medical attention. The doctor told him to return to his home and he boardeqd a train for Elkhart. Predicts Bitter Campaign Chairman James A. Farley. warned the Democratic National committee that the forthcoing presidential campaign will be ‘‘the bitterest and certainly the dirtiest political struggle that any of us at Washington can remember.” Ag the committee met to considery the coming campaign and choose a national convention city, Farley told his party leaders they would have to combat “a simple effort to break down the faith of the people in the president.” Notice of Final Settlement. State of Indiana Noble County ss: In the matter of the estate of Edison L. Stuff, deceased. No. 3379. In the Noble Circuit Court January Term 1936. : Notice is hereby given, that the un dersigned ag administrator of the estate of Edison L. Stuff, deceased, has filed in said court his account and vouchers in final settlement of said estate, and that the game will come up for examination and action of said court, at the court house, at Albion, Indiana, on the 28 day of January, 1936, at which time and place all persons interested .in said estate are required to appear in said court and show cause, if any there be, why said account should not be approved. And the heirs, devisees and legatees of said decedent and all others interested in said Estate, are also hereby required at the time and place aforesaid to appear and make proof of their heirship or claim to any part of said estate, Earle Stuff, Administrator. Posted January 6th, 1936. ‘R. S. Emerick, Attorney. ' Date for the forthcoming centennial gelebration at Angola has been set tentatively for the week of August 10.

/By Richard Lee

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Ford Plan Meets With Favor

The new $25 a month” plan for financing purchases of new Ford V-3 cars recently announced was made possible ag a result of the countrywide experience of the Universal Cre'dit company in financing during the past 46 months hundreds of thousands of Ford V.B units, Ernest }Kanzler president explained. ~ “The controlling reason,” said Mr. "Kanzler, which permitted extension Ito the public of our new $25 a month credit plan—which materially reduces the size of required monthly paymentg and extends the finance period—ig the extraordinary record of quality, long life and high resale value of the Ford V-8 gsince it was introduced nearly four years ago.” Mr. Kanzler declared that the new plan should have several important results, go far as industry generally is concerned. The plan is meeting with much favor everywhere. Driver’s Law Need Revamping. The present Indiana drivers’ license law is ineffective, J. S. Baker, Chicago secretary of the committee on the drive of the National Safety Council declared at a meeting of the organization at Lafayette. / “The present Indiana law has practically no effect on the training of new drivers and -the suspensions and revocations of licenses for violations and accidents are markedly below the normal,” Baker said. He advocated establishment of a more centralized administration which would make it possible to check on drivers in a state-wide campaign and arraign violators before a recognized authority. : e 3 Three After State Prison Job Three applicants sought the office of superintendent of industries at the Indiana state prison formerly held by the late Lawrence Mutch. Harley H. Rudolph clerk at the prison, was recommended for the post by Warden’ Louis E. Kunkel. Other applicants included Roman W. Rydzy prison guard and Arthur F. Hillman Democratic worker. Officialg considered abandoning the office, however, since passage of congressional acts forbidding interstate shipment of prison made goods. Real Estate Transiers Freeman Tyler and wife to Indiana & Michigan Electric Co. sec. 27 Perry township. .

SIT back 1n silence and wait for that “living” you think the “world owes” you and you')l be a mighty long time waiting. For, the public beats no path to ‘the door of a man 1t doesn’t know even exists. And how, but through the medium of the PRINTED WORD, can it find out? How better, but through intelligent use of NEWSPAPER SPACE, can folks be informed of a man's wares Or services? ADVERTISE! Net mow and then, but FONS’]STENTLY in THE LIGONIER BANNER. Call and let us help you plana PROFIT-PRODUCING CAMPAIGN. Lowest Space Rates.