Nappanee Advance-News, Volume 91, Number 39, Nappanee, Elkhart County, 21 March 1968 — Page 7

Tales Os A Long Bow OLDEST BANK IN INDIANA The bank’s name is The Mdiso 1 Bank and Trust Company but its parent was one of the branches of the Second State Bank of Indiana, organized by the Legislature in January 1834. It is appropriate that the oldest bank in Indiana be in Madison for that is where the first one to be chartered (by the Indiana Territorial government, on September 6, 1814) was located. That very first one had been called The Farmers And Mechanics Bank. It failed in the 1820s. There were branches of this Second State Bank in Indianapolis (central one of the group), Lawrenceburg, Richmond, Madison, New Albany, Evansville, Vincennes, Bedford, Terre Haute, Lafayette, Fort Wayne, South Bend and Michigan City. The Madison Branch opened its doors on November 19, 1834. It was to serve Jefferson, Jennings, Scott, Bartholomew and Jackson counties though it is difficult now to understand how it could do much for people and businesses so far away when in that time there were few roads and no railroads, telephones, telegraphs or even a daily newspaper in the state of Indiana. Nevertheless the bank had an honorable, prosperous career. Its president was James F. D. Lanier (with an annual salary of $800.00) and he was a leading member of the board of control for the entire thirteen member group. Within three years of its founding the Second State Bank experienced the Panic of 1837. There was a great run on banks and everyone wanted his money in specie gold and silver not paper. All banks in the East had suspended specie payments to depositors but under the terms of its charter, The Second State Bank would have to go out of business if branches did not pay off in gold and silver. The board of control ordered all member banks to stop payment in specie in spite of the law, in order to stop the run —then set about straightening out affairs. Its most “dangerous” depositor was the United States Government, with a million and a half dollars subject to withdrawal. Mr. Lanier was sent to Washington with SBO, 000.00 in gold to see iirthe Federal Government would hold off withdrawing the rest of its deposit. He found from the Secretary of the Treasury, Levi Woodbury, that the Indiana bank was the only one in the United States which would offer the Treasury any kind of payment in specie. The Indiana banking group, appearing to be the soundest, was allowed to retain its Federal deposit. Every Indiana branch held out though a majority of the banks of the country went under. In 1839 the Madison Branch, along with others in the group was put to another test when the State of Indiana went bankrupt in its Mammoth Internal Improvement fiasco. Improvement officials had kept their funds in the group banks and the banks had foolishly allowed overdrafts inasmuch as they were “guaranteed” funds from the State. When the Indiana government could not make payments the Second State Bank was stuck with about $650,000.00 in overdrafts. This almost ruined it but again, firm control by the board kept the banks going and they weathered the storm. Though Indiana was flat broke

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when the Mexican War started, The Second State Bank was able to help finance the state’s contribution to that effort, knowing that somehow, sometime the government would pay. The Second State Bank was replaced, in 1855, by the Third State Bank and Madison’s branch was retained. In 1865 it became a National Bank under the National Currency Act of 1861. Madison Branch became the National Branch Bank on July 17, 1865. Captain Nathan Powell took a leading part in this reorganization and became the National Branch’s first president. George Fitzhugh, former cashier of the old organization, held that office in the new National Bank. It is interesting to note that there were five generations of Powells who were presidents of this financial institution. In 1954 The National Branch Bank merged with its next door neighbor, and associate, The Madison Safe Deposit and Trust Company (founded 1904) and became The Madison Bank and Trust Company. Since 1834 it had occupied a magnificent brick and stone, columned building built for the old Second State Bank branch. But the merger forced enlargement. Though the old quarters gave way to a most modern and efficient office the long and colorful history of The Madison Bank and Trust Company, oldest in Indiana, lives on in the financial annals of the State.

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LUCY'S LOG HOW TO LOSE EIGHT HOURS I am, as I may have indicated before, not a particularly good traveler. I am familiar with the safety record of airplanes, but no difference what the statistics say, I still feel deep in my bones that no person should be up in the air so high as the jet planes travel these days, nor should he be traveling so fast. So I have a conscious struggle with myself during the first stage of every flight, and I feel the plane toueh land with a sense of astonishment and relief that is very great. In between times, normally, I read, or sleep, or talk with a fellow passenger if I am fortunate enough to sit next to one who shares my impulse to visit. Asa result of my curiosity about and interest in people, I can recall some pleasant moments on my recent round trip between Nigeria and the States. During a brief lay-over in Frankfort, I walked up and down the aisles of the airport waiting rooms and visited with a British woman who initiated the conversation. I can’t remember that we said anything particularly unusual, but I do recall the fact that she told me, two or three times at least, that I was the first American she had ever talked with. As I thought about this later, the memory began to weigh upon me a little. What do you suppose she thinks of Americans now? During a long wait in New York because of repairs on the plane, I caught jhe eye of another British woman just as the voice over the loudj speaker said that we would have ! another hour to wait. She smiled a bit in response to my look of weary resignation, and we fell into conversation. In view of the British reputation for reserve, I felt that it was unusual that twice a native of England had volunteered to speak to me, and I was pleased to find them not altogether unapproachable. I remember the latter woman because she was so charmingly dressed. By this time, I was an experienced traveler in that I wore a knit suit, no hat or gloves, and flat-heeled shoes. In consequence, I may have looked comfortable and perhaps respectable, but certainly not smart. But this woman wore a lovely dress in a soft shade of blue that did wonderful things for her blue eyes, she had a hat in a slightly darker shade of blue, and her shoes, gloves, and luggage were in impeccable good taste. She lived near London, she told me, and had been visiting friends in the States. In return, I told her about my work in Hillcrest in Nigeria. She had never heard of the church to which I belong, and she said that her church preference was the Salvation Army! I can think of few things that differ more than her expensive outfit and the uniform of a traditional Salvation Army lassie, but she assured me that she didn’t like church music unless it had a vigorous beat to it. However incongruous the trombones and drums of the street meetings might seem with that lovely gown, she wanted “oomph” in her music. But there comes a time when no one in the seat next to me or across the aisle looks interesting. Two years ago I wrote about the strange experience of reaching Amsterdam at 7:30 a.m. their time, 2:30 am. New York time, and I told of how I fell into bed at the hotel and slept through the noon

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hour. On my return trip to the States, my experience was even worse. I was in Chicago only long enough to get through customs and immigration and other red tape and make it to my plane for Portland. Asa result of practically continuous flying from London to Portland, I reached that city at 9:30 p.m. Portland time. But according to my watch and London time, it was 5:30 the following morning! The effect of chang ing time zones this way must be experienced to be understood. When once I was safely in the plane bound for Portland, I rather collapsed. It was already my bedtime, and I slept in spite of varying interruptions most of the way from Chicago to Portland. I had an aisle seat, and for a time I was vaguely aware of the two young women next to me writing to each other on slips of paper. But it wasn’t until I had roused up a little as we were coming in to Portland that I asked the girl next to me about it. The girl next to the window was a deaf-mute, on her way home to Washington from Gallaudet College in Maryland. Our boys at Bridgewater Coliege, Virginia, used to play Gallaudet in athletic contests, and I knew it as a college for deaf-mutes. Ordinarily I would have joined in the exchange of written communications with the girl from there. But not on this trip! Sometimes when I shifted positions during this period of sleep, I saw dimly the faces of the three men who sat across the aisle from me. I have an idea that they found my various positions during the flight somewhat amusing. But I couldn’t have cared less. How I managed to wake up enough to eat the dinner that was served to us I’ll never know. When we finally got to Portland, I discovered that I could get a plane yet that evening to Eugene, where our church conference was in session. But no one was expecting me until the following morning, and I had reached a stage of exhaustion where I didn’t even want to see my family. After a night’s sleep in a roomtte at the airport, I felt like a normal human being once again, and I looked forward eagerly to arriving in Eugene. But the loss of eight hours from one’s day is nothing to be sneezed at. When I attended a get-together of missionaries later at the conference, someone asked me jokingly whether this bothered me or not. Before I could give an emphatic answer, a doctor spoke up for me. “Os course it did!” he declared, tnd then went on to say that the body is delicately adjusted to a normal schedule of sleeping and eating and working and that It suffers when this schedule is interrupted. He maintained that it takes a few days for the body to readjust after an experience like this. It seems quite reasonable to me that men who travel from continent to continent, as journalists and statesmen often do, should suffer from nervous disorders simply because they expect their bodies to make frequent adjustments of this sort. Once in two years is enough for me! In fact, the next time I come home, I plan to stop in Cleveland or Chicago and not go on to Portland at all. BUILD A COMPUTER Ray Rosentrater, Paul Dixon and John Roose have built a binary computer which designed themselves. They wereTmdted to demonstrate the computer at a science class at the South Bend campus of Indiana University on Monday afternoon.

Should A Family Doctor Enter Political Arena? By FRANK A. WHITE Should our family doctor engage in politics? This question has added importance since Indiana has become a “swing state” politically, upcoming elections may be close, and doctors oppose the trend toward socialism. One well qualified to discuss the role of physicians in politics is Dr. Otis R. Bowen, M. D„ of Bremen. He is a state figure, as Speaker of the House of Representatives of the Indiana Legislature. I was mystified how Dr. Bowen could carry a heavy general medical practice in his community, find time for participation in Kiwanis, Chamber of Commerce, civic groups, the Lutheran Church, medical societies, former service •>s a Captain in combat area World War 2 and in politics. The secret, Dr. Bowen told me in an interview was, he budgets his time as carefully as his bank account. He is now mentioned as a possible Republican candidate for Governor. Here is a summary of Dr. Bowen’s views on doctors in politics, as expressed in writ ing for the Indiana State Medical Journal and in conversation with this columnist. Participation of a physician in citizenship activities and politics need not cause him to lose patients, nor respect in community standing. Pressure is so great for big government and socialistic takeover, that there is a tendency for a doctor to seek to be popular with everybody and avoid becoming controversial. The stakes are big. Doctor, Take The Time. Make the effort! There is no greater opportunity for service, and in spite of many abuses, no greater satisfaction than being

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in the mainstream of political activity and becoming more knowledgeable about government through participation. A doctor should consider good government and political participation a part of his medical practice. Occasionally a patient asks, “Why get mixed up in politics.” The answer, “I’m a first-class citizen, interested in good government, same as you, and instead of sitting on the sidelines complaining, I want to be where the action is trying to make this community, county, state and nation a better place to raise my children and grandchildren. Desire may be thwarted by fear of sticking one’s neck out and fear of getting involved and of losing patients and income. There may be some loss of income but it is not fatal. Uncle Sam takes his share of extra earnings anyway. An inner feeling of satisfaction for being of service, gratitude of some you have helped, and reward of becoming good friends with some of the finest people on earth, are more gratifying than loss of a little extra income earned by remaining a slave to one’s profession. The diversion and secondary interest make practice of medicine a bigger thrill to one engaged in politics. From personal experience, patients may mildly resent occasional absence from practice, but not when the practice is covered. They are more apt to point with pride to the fact that their doctor is the president of the school board, a county commissioner, state representative or congressman. Physicians, by nature of their profession, are well qualified to make valuable contributions in politics. Main requirements are ability to think and make decisions; honesty and integrity; tolerance and patience and a desire to serve. His entire medical training has been in the field of diagnosis and correction of problems and that is what politics is about. A physician must understand wheels grind slowly in politics and

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-dvance often is brought about by tedious compromise. It is to be hoped compromise is not of principles but only by degree of i give and take. Only pitfall in polities for a physician is, he may be a little too independent in thought in these fast times. Some rules are necessary. People do not always follow the Golden Rule. If they did, very few other laws would be needed. These are crucial times in many aspects of our society. Crowding, urbanization, transportation, communication, industrialization, traffic fatalities, pollution of water and air, speed, crime increase, greed, labor relations, poverty, offer challenge. Socialism creeds gradually. Doctors by education, natural leadership, reverence in which many people hold you, should make you want to be an uncommon man—an example to the community, rather than just seeking security. Government is necessary for law and order. Practice of medicine and engaging in politics are compatible and rewarding. SIGN OF SPRING Mrs. Wm. Freet, 353 S. Nappanee Street reported blue and yellow crocus in bloom in front of her home.

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Harry Pedler To Run For County Commissioner Harry Pedler has filed as Republican candidate for Commissioner in the 3rd District. He will oppose Warren Shively, incumbent. Mr. Pedler was born in London, England but has spent most of his life in Elkhart. His company Hsrry Pedler & Sons was begun in 1932 manufacturing band instrumeuts and was sold in 1958. Mr. Pedler attends the Congregational Church in Elkhart, is a member of the Elks and the Masonic Lodge. Mr. Pedler says that, since he’s retired, he’ll be able to devote full time to the job of County Commissioner. He pointed out that the voters should be reminded that everyone in the County will vote for each commissioner, regardless of the district. CABLE STITCH CLUB The Cable Stitch Club will meet Monday, March 25 with Mrs. Pearl* Strauss and Mrs. Julia Berger as co-hostess. Roll call will be “If you could have one job done, what would it be?”

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