Richmond Palladium (Daily), Volume 35, Number 355, 30 October 1910 — Page 1

AND SUN-TELEGRAM.

VOL. XXXV. NO. 355. ni0X2X2OI. IXD., SUNDAY, MORNING, OCTOBER 30, 1910. SINGLE COPY 2 CENTS.

PRESIDENT KELLY HAS STRQUG PLEA FOR OLD EARLHAM v , SMeeaSBSB In the American Friend He Says Crying Need of the Institution Right Now Is Bigger Endowment. FRIENDS OF COLLEGE j MUST GIVE SUPPORT

If Earlham Is to Be One of the Great Institutions of the Future; Financial Aid Must Be Extended to It. On of the strongest articles In references to Earlham college, meant to set It light especially In the minds of the members of the Friends' church, since their they are the most generally concerned. Is an article In the current Issv.o of the American Friend by President Robert L. Kelly. In this --d v.n. m k .v.. .k. i iivvii noil eiw w m via cat ttav sphero of Earlham Is the entire world. that Its opportunities are practically unlimited, that It Is working along right educational lines, but that Its seed Is a greater endowment. - Among other things Dr. Kelly aays: It Is not forgotten that a college li measured fargely in these days by Intellectual and financial standards, not to speak of numerical standards. Most people, of course, ask as the first question: "How many students do you hays? The more thoughtful are asking: "How much endowment do you haver "What salaries are you able to pay?" "Who are your big professors?" The question of numbers Is aot an Important one, but the other questions are Important They are so Important, ladsed, that soma feel that t fears li ducar that the moral .and social phases of Instruction may be neglected. In fact, a well-known critic .writing upon oar American system of education, has recently said. In a masialne article: "Moral edueatie has aot deliberately rejected nor vv-- : .r r- r-r : yrr i T a ota aas crown to t ,r?rC5 thtl It has usurped a Ci wt&Ie attssUsn and energy of tie acraooL" We have felt, there fore, that It might' be worth while to lay some emphasis upon the moral phase of the Earlham education, and we use the term In a broad sense, so that It may Include the social and the religious phases. Requirements Increased. Bat we think Earlham Is not underestimating Intellectual standards. The requirements for admission and for graduation have been considerably Increased within the past few years. Seventeen departments of study are maintained. Her faculty has recently been pronounced, by a competent judge, one of the strongest In the country. They have pursued graduate work with honor In many universities in this country and Europe. Several of them are young, but they are fresh from the great springs of Inspiration, and as a class the entire corps are scholarly and growing. The Earlham product, has been weighed In the balance In the leading graduate schools and the results have been such as to Inspire confidence as to the grade of work the college does. Already one In ten of the entire alumni membership has received advance degrees In such' schools, while the number who are pushing on In their advanced education Is very large. The best schools accept Earlham undergraduate credits, hour for hour. The college floes not claim to send forth finished scholars, but she does claim to do the work of a standard college and do It honestly. She dares to believe that, after all, the most Important question you can ask of a college Is: "Do you send forth men and .women of reliable character?" Knowledge Is a necessary Ingredient of high-grade morals. We have left the material and financial question for the last. This question makes us face the future. Mr. Huxley said all scientific or other advance la a matter of finance. It Is a bold statement, but It contains much truth. Vers Important among those who have made Earlham's work possible are the contributors to her material necessities. All of Earlham's students, all the members of our Society who fcave felt Earlham's Influenceend what Friend In America has not? owe a debt to those who have supplied the funds. They have given the college the excellent farm, the beautiful campus, the substantial and pleasing buildings, and well-equipped laboratories and libraries, the various permanent endowments. The value of these. In the aggregate Is 9700,000. one-half of which constitutes the endowments. One who looks over the subscription books during the history of the college Is Impressed very strongly with certain facta. One Is Cat Earlham had and does have many friends who have shown their friendslip la a tangible way In the hoar e2 need. Another Is that the members of the two boards of trustees and the members of the faculty, together with a small group of other loyal friends, have been the most Uiawl and most consistent donors; : and a third fact Is that, considering the gu2Ude of Earlham's coatribu-

THE JARRETT FUND. The Palladium will receive contributions to a fund for the relief of Albert Jarrett and family who were rendered destitute by. a fire which destroyed their borne, on a farm they rented near Economy, and In which their youngest child was cremated. The following contributions have been received: Roberts, Bros.. Centertille ......11.00 Mrs. Jason Roberts. Centerville. . .50 W. A.' Ellison. Richmond 50 J. O. Curtis, Richmond 5.00 Mr. and Mrs. Burley Jordan, CenterTllle -50 Grace McFall, Indianapolis 1.00 Unknown 1.00 Mr. and Mrs.'J. F. Cranor, Fountain City 1.00 Klturah Thomas,-City .50 Herbert Williams. Richmond....' .50 C. B. Patterson. Richmond 50 John Wilson, Richmond .50 M. C. Henley. Richmond .50 J. N.Weist. Richmond 1.00 Elizabeth Poster, Richmond 50 William A. Buhl, Richmond..... .50 Carl C. Harlan, Richmond 50 "Blank." North of City- ". .50

tlon to American Quakerism, and the fact that that there are about 100,000 Frie-.da in our country and 30,000 In the two yearly meetings appointing the college trustees, the financial support the college has received has been disappointing. . Will Suffer a Loss. There are more young Friends of college , age congregated at Earlham WZl irZt m th-wnrTT than at any other spot in. the world. If the endowment, was made three times what It Is now, it would be the best Investment that It Is possible to make for the advance of the Influence of the Society of Friends. Will Friends allow the opportunity to be thrown away? If so, the Society will suffer an Irrevocable loss, But It Is not only a question of maintaining the Society; it Is a question or maintaining the standard of the college.. In this country the processes of education are becoming com plex and expensive, at a rate unand the future which are to be leaders In American life and civilisation must dreamed of even ten years tc Many Institutions have pension funds for their teachers. Earlham has none. Some Institutions can pay . salaries which enable their teachers to educate their children and provide for old age. Earlham can not The mem bers of the faculty must have outside means of support If they are to do things. The college of the present hare large endowments. Measured by her competitors Earlham's endowmcstu . embsratSKiiyr'wi. Tree, nfriSaft.il casSs wseffc.iT t dm fct because It is the hardest to answen One thing Is certain. , the heartfelt esteem of men and the blessings of the Heavenly Father will come to those who open their hearts and purses, that the glory of the Kingdom may be advanced through the medium of Earl ham college. MADE A SETTLEMENT Did an Indianapolis Autoist, Who Ran Down Local Man ' Riding a Wheel. A COMPROMISE EFFECTED Demanding 130, mostly for Injured feelings, also a bad scare and damage to his wheel, but later compromising his claim for $10, Frank Johnson, a resident of East Main street, made a settlement with a man giving his name as A. Hoover, who In company with his 'wife, was enroute to West Virginia from Indianapolis. . The cause for the financial transaction was an accident on Main near Ninth street. The automobile 'was headed east and Johnson waa going In the same direction. -Hoover sounded his horn but Johnson did not apparently know the warning was meant for him, until his wheel waa hit and he was thrown to the pavement. When he picked himself up with the assistance of others he thought he was hurt Hoover -returned to the scene of the accident and anxiously inquired about the man., Then a demand tor S0 was made according to those who were near by when Hoover and Johnson talked business. Hoover finally paid the man with two crisp five-spots. About half an hour after the accident Johnson said that he guessed he was not hurt much, and seemed certain that none of his Injuries were worse than bruises. He was able to walk home, carrying his wheel, which was damaged to some extent.'. Hoover and his wife had left Indianapolis In the afternoon. They were In a two passenger roadster. TO RECEIVE PUPILS. Mr. Aurele Borris of the vocal de partment of Earlham college has made arrangements to receive his pupils In the Aellan parlors which are well suited for his work. All pupils will be welcomed on Wednesdays. However, a few of the students have made 'ar rangements to see Mr. Borris on Saturday afternoons. A number of people from town have Joined his class. -. THE WEATHER. INDIANA AND LOCALwarmer today. fair and

TO DEMAND FUND OF CONGRESS TO STUDY AIRSHIPS Representative Roberts of Massachusetts Wants Appropriation Made for the U. S. Army and Navy. ' ' . .- - " ' ' , I AERONAUTICAL CORPS WILL BE ORGANIZED Graham-White Flight Over '. and Descent Upon Washington Has Aroused Officers of both Services. '

BY RODERICK CLIFFORD. s Washington, Oct. 29. It is said privately In Washington that Representatlve Roberts, of Massachusetts,, is preparing to lead a fight at the com - mg session oi congress io give Dom tha armv on nnw n fii. to conduct airship experiments and al so enough money to experiment with the building of guns to fight attacks by airship. ; . . Certain minor experiments looking toward the building of a satisfactory gun to repel airship attacks are now being made at the 8andy Hook prov ing grounds. New York. Thus far, however, little has been accomplished due to the fact that there are no appropriations which can be used for such a purpose. It is expected In army and navy circles that the - formation of the Aereonatlcal Reserve, with John Barry Ryan, son of Thomas Fortune Ryan, the New York millionaire, at the head of it, will do much to awaken public Interest and force pressure on Congress to give the army and navy adequate ' means for practicing military aeronautics such as are possessed by several continental powers. Captain 'Chambers Chosen. Captain Washington Lee Chambers, TJ. 8. N., has keen designated by the Secretary the Navy to confer with Mr, Ryan aad General Allen, chief ctoal officer of the army, by Acting with Lia so tar as the army- and navy may, assist la the formation of the re- . Graham-White's .spectacular - arrival a few -days ago In the street or narrow "canyon" between 'the executive office of the White - House and the State War and Navy building has so wrought up army and navy officers that the branches of government represented by them are now seeking every way they can be of service In the formation of the Aeronautical Reserve will become a part of the military organisation of the United States, as the national guard Is at present. Mr. Ryan's organization. It Is said, already has a membership of 4,000. Graham-White demonstrated to the army and navy officers something they had only .heard of from foreign military attaches. All the large European governments have corps of military aeronautic experts. These officers attend every meet of consequence In Europe. The United States has but two or three such representatives (and these only In the army) srho are acquainted even in a slight degree with military aeronautics. These are Brigadier General Allen, Major George O. Squire, of Signal Corps, and IA, Benjamin E. Foulols. al so of the Signal Corps. - The highest naval and army officers on duty here had an opportunity . when GrahamWhite was informally called on them In his aeroplane the other day, to observe that he could come and go as he wishes that he was not a creature of the wind or at its mercy In any way, but that on the contrary he was the master of his machine, and In a way of the air. .The c nsequence Is that the War and Navy Departments are seeking some way to get the money they need to do he things that Graham-White has done. Therefore, they are greatly Interested in anything such as Mr. Ryan's aeronautical corps that will serve to quicken the public Interest as to the military and patriotic needs of the two arms of the service. ... " Ryan Much Interested., Mr. Ryan Is a constant visitor to the war and navy departments. Because of the great progress in military aeronautics abroad, he believes he has succeeded In convincing. If they did not know already, army and navy officers that the vulnerability of the United States lies in every mile of her coast line, so far as possible (Continued on Page Six.) Pdfelcavs Tots. Daily Avenge CttealsUdn (Except Saturday) Including Complimentary Lists, for Week Ending October 29th, 1910. S,2G9' CCy showing net paid, news stands and regular complimentary list does not Include sample copies.

RURAL BANKS ARE CAUSING TROUBLE TO UNCLE SAMUEL Best Way to Obtain Information Concerning Values and Credits Has Been Worrying U. S. Officials. - COMPTROLLER MURRAY MADE INVESTIGATION

And as a Result of His Inquiry Has .Obtained Valuable Information Which He Will Make Use' Of. BY SIDNEY E3PEY. Washington, Oct 29. From recent inquiry as to the methods employed by national bank examiners in mak;lng examinations of banks, Comptroi- ; , , ,, . . i ler of the Currency Murray has been able to obtain some very valuable Information which he intends to use In administering his office in the future. Expressions from the agents of , the federal government have been receiv ed and will be used in the future as a basis for further Improvement In the methods of bank. examination. ; The best way to obtain Information concerning the value and credits In a country national bank has been the source of particular . trouble to the comptroller of the currency. In this relation Mr. Murray says: . "In making a, first examination of a national bank in a small town. It is often helpful to the examiner to note the principal places of business and men, as seen by walking through the business section of the town on the evening preceding the examination. It Is of use in determining whether a man is a "one thousand man" or "a five thousand man" If you wish to gain an idea of the sise of his store and the scope of his business. .What I -Necessary.. "In determining the value of the assets at the mnntrr hnnlr It ! no. take0' Into consideration cash Items, loans and discounts, real estate and mortgages, - stocks and bonds and the balances In the bank. Bonds and stocks, as a rule are quot ed,, in financial Journals. In this kind of a bank, the Items are usually a few checks,' coupons, protest fees, small Items of discount or Interest awaiting adjustment and occasionally small ex pense Items. If there Is found overdue paper and large personal checks of officers or employes then careful consideration - must be given and careful Inquiry made. "As to real estate, the bank building has two values, one If It is to be kept as the home of a going bank and another If It Is to be sold. When a building is to be sold -so many dif ferent things affect its value that It Is Idle to discuss it, a each case must stand by itself. Other real estate tak en for debts, may be scattered from Maine to California and a large part of the Information necessary to make an estimate must be gathered from the bank records. "The . loans and discounts," Mr. Murray states, "are usually the heart of every examination. Same banks have a large home demand, and at times are large borrowers themselves to meet home needs. In a bank of this nature, it is well to hare one of the directors go over the notes with an examiner, especially at the first examination. Are Easily "Pumped.' ' "A great deal of Information," Mr. Murray says, "can be obtained from the tellers, bookkeepers and clerks without them knowing that they are giving it. - jf. "It has been a surprise," he' continued, to find on what small information a loan Is made In some banks. If the officers and directors are careless about such matters, the bank is sure to .lose. "To sum It all up, the most Important thing, after totaling the notes to see if they agree with the general ledger, is to get a 'line' on the officers and directors, to see if they are careful men and capable and know the business." In speaking of banks generally, Mr. Murray came to the conclusion that "there Is no more Important bank official than the officer who is in charge of the credits. - Let the other departments be ever so efficient." he says, "In collecting deposits, they cannot off set the failure of those who loan the funds to secure their safe return. Vital as is the credit man. be he president, vice-president, or cashier, the bank examiner holds a similar position towards the loans of every bank he visits. He Is supposed to be the credit 'man not for one bank or for one town, but for an entire district. "Some of the considerations .which affect the judgment of commercial risks," the Comptroller continued, "are the nature of the business: do creditors have a greater risk in the business than the owners; do quick assets exceed the quick liabilities; have the owners other property: are they making or losing money; have they the reputation of paying their bills promptly or of taking long time In merchandise accounts; Is the loan

CZAR AND CZARINA HUNTING

warranted by the amount of bank balance carried; is the paper met at -maturely or extended, and if the latter, does it continually grow in amount?' To the question: : "Is a judicious inquiry outside the bank, concerning the credit of a business man. essential In keeping "tabs" on the bank paper?" Mr. Murray has his doubts. He says "my opinion is that such an inquiry Is fraught with danger. The credit of a business firm or Individual is a sacred thing, and by most men is as jealously guarded as their personal reputation. Not a few as sensitive In the matter of their credit being questioned as they would be in remarks which might be made concerning their personal character. 1 'sjwt' i 'jv"Let It becar known that the bank examiner in" looking 'into Mr." 'John Smith's' loan and there will develop a tendency to call those loans . which will do no harm to 'John Smith's' credit. Such inquiry can bes.t be made through a third party, an independent commercial agency. Trade opinions are a source of additional value to the examiner, because it sometimes happens that a ; concern will keep all its bank relations in as good shape as possible to maintain its local credit, and In the ' meantime, be very slow 'to take a long time in merchandise accounts. From this source also can be ascertained whether he borrower is protected by a sufficient amount of insurance to prevent insolvency, and protect the bank, in case of a total loss by fire. In case' the borrower has had one or more ser ious fires in his business career, the reports will show the extent of losses made at that time, attributed cause, and whether trouble was experienced with the adjusters growing out of any suspicion of fraud or carelessness." ; The idea of taking up personally with the officers and directors all matters require correction in the administration of the bank's affairs Mr. Murray thinks, is an entirely feasible one. He believes that a great deal of good can be accomplished thereby, provided the directors can be induced to meet or their attendance insisted upon. "An exceptional instance," he says, "where the officers and directors mani fest indifference abount compliance with any suggestions or : the correc tions of matters subject to criticism. the question as to how to deal .with such remissful institutions, and as to how far the examiner should go in Hallowe'en; a

Every boy who has grown up in. a village or, in ' some , small community has played pranks upon Hallowe'en., There Is no; limit 'to the fantastic nature of the tricks,' from the familiar custom of ' removing gates and disabling dpor-bells to the wildest feat their united brains can concoct. The boys do not know that they are part and parcel of a pagan festival that stretches back Into the day when 'men believed involves and in fairies and in the tangible powers of evil. Yet even' the most unimaginative boy infected. with the spirit of Hallowe'en feels somethingthat is in reality the survival of the primitive, heathen Instincts that all boys possess," and that ally them with' the early life of the race. ; As long-as there is anyone left in the world to thrill at the-thought of fairies, so long as Peter Pan's appeael across the footlights is answered in the affirimative, there will be the little responsive sensation along the spine at the words Hallowe'en, Walpurgisnacht, May Eve and Johannistag. One of the poet Yeats' most exquisite plays is a dramatization of Kay Eve with all its symbolic human and poetic significance, "The Land of the Heart's Desire.. Sudermann has used Johannistag symbolically and picturesquely in his "Flree of St. John, and is not the third act of, "Die t MeisterslngerT radiant with the spirit of Johannistag? The Brocken scene in "Faust," The Tempest," "A Midsummer Nighfa Dream," Fiona McCloud's primitive fantasies, the scenes in the king-' dom of trolls in "Peer Gynt" and of the wood creatures In 'The Sunken Bell," all these have the power to create that thrill, to set in motion that inexplicable current of our. inherited memories reaching far back into the unknown, binding in to that remote past, the . beginning of things. Perhaps It takes a German, a Scandinavian, or a Celt to reconstruct for us the spirit of these elf-haunted anniversaries. In any case the fantasia of Hallowe'en has yet to be written. The October Craftsman. ,

making' and enforcing suggestions to bank officers, depends upon the lati

tude the Department may give the ex aminer. " " 1 ' "A good plan would be to point 'out to the officers and directors that by getting tinto disfavor with the Depart ment, they are apt not only to be ad monished. but to be placed on a special list for examinations every three months. Furthermore that, of : placed on the quarterly list for, examination, the presence of the examiner at 'Irregular intervals, especially if there be a comDetitive " national bank in the same town, will be known by the local competitive bank and the adjacent and surrounding banks, which, in itself, will create gossip, and, possibly prove, detrimental to . tlut interest of the bank. "If these plans 'do not bring the bank to terms, it will be up to the bank examiner to acquain the officials with the fact that an examiner at large will pay a visit.!and will remain on the ground, at the bank's expense. until matters, are finally. adjusted " Should these measures be adopted by the Treasury Department, Mr., Mur ray is convinced that bank Inspection will be complete and more satlsfatory than ever before. ART DISPLAY OPEH Among the matters which will be considered at the general meeting of the members of the Richmond Art association on Monday evening at 7:30 o'clock at the high school building will be that of changing the constitution in some particulars. The second Sunday of : the art r exhibit promises to be a popular time for the visitors. The galleries will be open from 2 to 6 o'clock this afternoon. Mrs. M. P. Johnston, president of the association, has arranged to deliver a number of lectures on the exhibit during the week. On Monday she will speak at the Earlham chapel exercises. ; The students win visit the exhibit in a body on Tuesday evening at - 7:30 o'clock, h On t Tuesday afternoon the members : of . the- Athenea, Aftermath and Ticknor clubs are invited . to the z galleries. ; Mrs. Johnston will speak In a general way on . the exhibit at this meeting. The public is not excluded at these meetings. ... . Pagan Holiday

PARK WRECK

BADLY HURT Internal Injuries in the Case of J. M. Norris Is Feared 1 George Reid Cut and Se-; verely Burned. AN INVESTIGATION IS NOW BEING CONDUCTED 1 Residents Near Scene of -the Accident Only Wonder that the Accident Did Not Occur' Before Yesterday. . BOTH CARS ARE WRECKED WHEN WRECK OCCURRED, GLASS, s WOODWORK AND IRON FLEW ' IN ALL DIRECTIONS 4UPERIN-. TENDENT SILENT. - . Although not fatally Injured the eoat dltlons of George Reid and J. M. Norris, the street car men who were hurt in the collision of a freight car and city car near Glen Miller Saturday af- ' ternoon, are much more serious than at first believed. Norris received a, broken ankle together with numerous - cuts and bruises over his face and -body and there is some fear of lately aa) injuries. He Is now resting athts home on Main street, over the JEasv,' mon's Tailoring company. . Fortunately no passengers were , the . car. - Reid is. probably the more seriously Injured of the two, receiving come burns on the neck from a coal stove, in tne rreignt car, against w&tch he was thrown, and having a awST;. ; of deep cuts and bruises est f ana sneezers. There is grs of Internal Injuries in Rold's case, and he may be la a more serious condition than is anticipated at present. Norris was conductor on the. street car. while n . a,. - . . . ... " mm mo iuvwiiuwi uu uie irvtgui car. , Motorman H. A. Doll, of the city car, " escaped from almost certain death by an. opportune leap from his. car, after the power had been reversed. Doll stayed at his post until the last second then switched the power and leaped to the ground after the car bad come to a - standstill. - Conductor : George " Davis, of the freight. car, remained lathe rear of the car but escaped without injuries. , Start Probe at Once. . Investigation of the cause of the accident was started Immediately after the crash by Alexander Gordon, su- 1 perintendent of the Richmond division of the Terre Haute. Indianapolis and Eastern : traction lines. Immediately following the accident Mr. Gordon said to a representative of the Palladium : "1 have not yet examined the crews, of the cars, so no authentic statement is possible at this time. It looks like the cars iimt run together. ' There la a question as to placing the responsibility for the wreck. The lnterurban, and freight cars pay no attention. to Y the block at Moorman's switch. That . block is for the use of the city cars only. I know nothing, of the report that accidents have almost occured la' this same way before. There will be a thorough Investigation. The crash came when the cars had reached the top of the hill, 7 just ' east of Lemon's greenhouse, t Motorman Doll was running his car east exactly on time, according to witnesses. He . had no orders about the freight car and was running ; for i Moorman switch where the city line ends.' The freight car ran through the closed block as usual and was coming at a terifflc speed down ? the grade. There is a short curve at the top of uiv . wmwww .... wmj .hi i.ay wm : trees. : The freight ear dashed around the curve at a rate, of not leas than fifty miles an hour, according to wlt . nesses to the accident. Motorman Doll reversed hie power as his controller was found torn from the car with the reverse notch on. His car came to a standstill but the freight car, although reversed alsocrashed Into the city, car. Catal paleaves on the car tracks made the brakes useless. Fronts Were Wrecked. The force of the collision drove the ; front' end of the city, car far Into the freight, hurling the freight motor-" man against the stove. The fronts ' , of the freight and passenger cars were reduced to splinters and with several heavy pieces of iron Motorman Reid was pinned In the corner of hie car. His escape from death la considered nothing short of remarkable. There were several large' timbers aad heavy pieces of iron driven ' through ', the sides of the car within a few laches of his head. A large coal ire was barafng la the freight car store when the accident occurred and atthovsSt the .pipe was knocked down and the stove doer wrenched from Its hinges, no coal

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