Richmond Palladium (Daily), Volume 38, Number 148, 2 May 1913 — Page 3
V
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, FRIDAY, MAY 2, 1913 PAGE THREE
TO PAY 2 PER CEilT ON -FEDERAL MONEY
Secretary of Treasury Issues Order Governing Deposits. DISTRIBUTE MILLIONS To Place Surplus in Circulation and Earn Government Sum. (National News Asaociatlon) ' WASHINGTON, May 2. The fiscal System of the United States governing deposits of Federal funds in national banks was revolutionized by Secretary McAdoo of the Treasury Department with an announcement that all government depositaries, whether active or inactive, would be required to pay Interest at the rate of two per cent per annum beginning June 1 upon deposits of the government. Simultaneously witlTthis action, the secretary authorized an immediate increase of $10,000,000 in government deposits in the national banks, making the total $52,649,964, from which the Federal treasury will earn, under the new interest order, $1,053,000 annually. There are indications that Secretary McAdoo intends to release still more surplus money from the treasury vaults and place in in general circulation through Increased deposits 'with the national banks. In a statement, he said: "With the banks paying interest on government deposits, the secretary may be justified in keeping larger balances in the national banks, thereby increasing the volume of money in circulation, and to that extent reducing the amount locked up in the treasury." Mr. McAdoo also announced a radical change in the character of securities which the Treasury Department would accept for government deposits. Instead of requiring that the national banks secure treasury deposits exclusively with United States or provincial government bonds they will be allowed in future to secure 70 per cent with government bonds and the remaining 30 per cent with high-class 6tate, city and, county bonds acceptable to the secretary of the treasury, to be taken as security at 75 per cent of their market value, but not to exceed par. First Time in History. This is the first time in history that the Treasury Department has called upon the banks to pay interest on what are known as active deposits or accepted, except in periods of financial stress, security other than government bonds. Active deposits are those which conduct a checking account for the government, cashing checks of the disbursing officers and replenishing their authorized government deposits from customs and internal revenue receipts deposited with them. There are 900 inactive depositaries, each holding $1,000 of government funds. Upon these deposits, which are not disturbed by checking accounts, the government has drawn two per cent interest for the last five years. These are the only government accounts which have ever earned interest. LITTLE AFFECT HERE Richmond Banks Are Inactive Depoaitaries. A. D. Gayle, president of the First National bank of this city stated today that Secretary McAdoo's plan will have little or no affect upon local national banks, which are depositaries for Federal funds. Mr. Gayle asserted that the local banks are inactive depositaries and have been paying two per cent interest per annum on all Federal funds for some time. MOTHER! WATCH THE CHILDREN'S BOWELS
If Cross, Feverish Sick or Tongue Coated, Give "Syrup of Figs." Every mother immediately realizes lifter giving her child delicious Syrup of Figs that this is the ideal laxative and physic for children. Nothing else regulatesthe little one's stomach, liver and thirty feet of tender bowels so promptly, besides they dearly love its delightful fig taste. If your child isn't feeling well; resting nicely; bating regularly and acting naturally it is a sure sign that its little insides need a gentle-, thor ough cleansing at once. When cross, irritable, feeverish, stomach sour, breath bad or your little one has stomach-ache, diarrhoea, sore throat, or is full of cold, tongue coated; give a teaspoonful of Syrup of Figs and in a few hours all the foul, constipated, clogged up waste, undigested food and sour bile will gently move on and out of its little bowels without nasuea, griping or weakness, and you will have a well, happy and smiling child again shortly. With Syrup of Figs you are not drugging your children, being composed entirely of luscious figs, senna and aromatics, it cannot be harmful. Mothers should always keep Syrup of Figs handy. It is the only stomach liver and bowel cleanser and regulator needed a little given today will save a sick child tomorrow. Full directions for children of all ages and grown-ups plainly printed on the package. Ask your druggist for the full name, Syrup of Figs and Elixir of Senna," prepared by the California Fig Syrup Co. This is the delicious tasting, genuine old reliable. Refuse anything else offered. Odrertlsemaat
Amusements
At the Murray. Vaudeville Matinee and Night. May 6 Stock Company. Murray. "The Two Jolly Rovers" with Richardson and Niner In the principal comedy parts are repeating the same success they met with earlier in the week when they presented "A Night at Maxims," at the Murray. "Two Jolly Rovers" is full of god clean comedy, pienty of catchy music and the performance goes with a dash from start jto finish. The scenic effects are realjistic, showing the famous "Flat Iron" I building to good advantage. In fact the j performance is just the kind to relieve ione of that tired feeling so prevalent ) at this season of the year. J Murrette. i "The Palace of Flames," a feature 3 reel subject with Ermetta Faconi, ' Italy's foremost actor in the principal role, is shown at the Murrette today. Gordon Trent, critic New York Telegraps says, "Greatest fire scene I ever 'saw, acting wonderful, most remarkai ble production of a fire that motion pictures have yet realized, without a parallel for vivid realism. Facconi is certainly a most wonderful player." Palace. The Palace offers today the feature program of the week, in the two-reel Thanhouser drama "For Another's Sin" with Harry Benham and Mignon Anderson in the leading parts, showi ing how a released convict sacrificed himself for the honor of a friend, and I is led back to prison for an offense ' he never committed. With it will be J seen Louise Lester as Calamity Anne I in the American caomedy, "Calamity j Anne's Trust." Sunday a Keystone comedy and an American two-reel, i subject, "Oil on Trouble." NOTICE. We have Installed in our modern, Sanitary Laundry for the convenience of the people of West Richmond and other parts of the city, the most modern Dry Cleaning plant to be found. We are now prepared to do all kinds of Dry Cleaning and Pressing expert workmanship. Our motto "Highest Quality, Lowest Price." WEST SIDE SANITARY LAUNDRY. 41 Richmond Ave. Phone 3076. ECONOMY ECONOMY, Ind., May 2 Mrs. Bertha Gwin, 22, wife of Earl Gwin, and daughter of Mr. and Mrs. Jacob Ross, now of Iowa, died Tuesday afternoon at two o'clock at her home near Losantville. She leaves a husband and two small children. The funeral will be held Friday morning in, the Economy Friends' church at 11 o'clock, conducted by Rev. Oliver Frazer. Interment in Springfield cemetery. The Misses Addie Pugh, Erma Veal and Pearl Pugh were at the home of Walter Gwin Wednesday afternoon. Mrs. Ella Lamb and daughter Miss Louise Smith, were in Richmond yesterday. Rev. G. W. Martin and wife were Richmond visitors Wednesday. Farmers are busy getting ground in condition for corn planting. Frank Gibson entertained company from Muncie Thursday. Dr. Loop and adughter Margaret were in Richmond Wednesday afternoon. Mrs. Frank Greenstreet entertained at dinner Wednesday Mrs. Martha Good of Richmond and Mrs. Lue Albertson, of Economy. Mrs. Willis Charles, Mrs. Goldie Oler, Mrs. Florence Arnold and Mrs. Pearl Oler were in Richmond shopping Tuesday. Rev. Oliver Frazer and wife were at Farmland Wednesday. Mrs. Nancy Pierce and Mrs. Shoemaker were visiting Rebecca Cox of Modoc, who is seriously ill, Thursday. Frank Underhill and family of Greensfork were here Wednesday evening. Mr. and Mrs. Rufus Williams entertained at dinner recently Mr .and Mrs. D. B. Williams of Marion, Rev. Charles Bundy and wife of Williamsburg, Mr. and Mrs. Frank Underhill and children of Greensfork, Mr. and Mrs. O. L. Hiatt, Mr. and Mrs. Lester Williams and son. Miss Nellie Bartlett was the Tuesday afternoon guest of Miss Blanche Fennimore. Mr. and Mrs. Walter Gwin were at Losantville Wednesday. Mrs. Laura Fleming was in Richmond Tuesday. Dr. Griffith and wife of Williamsburg were here Wednesday afternoon. Charles Replogle, the 7-year-old son of Mr. and Mrs. John Replogle celebrated his birthday Tuesday. His grandparents, Mr. and Mrs. Jack Cunningham of Richmond, sent him a nice watch, his mother gave a Bible and his father fifty cents. Mr. and Mrs. Eldo Cain, Mr. and Mrs. David Jordan were in Richmond Tuesday. A kite which can be assembled, ready for flight, in ten minutes, the invention of a German, has lifted three men together to a height of forty feet. Feet Never Hurt Corns, Callouses and Tired, Aching, Perspiring, Swollen Feet Feel Good Rub on EZO and rub out all soreness and misery from poor tired feet. Walking is a pleasure, dancing: a joy, after you have treated vour feet to a rub with EZO. the refined ointment. Don't forget the name; EZO for the foet. the only real thinji for making feet feel fine and comfortable, 25 cents a jar at all drusrsists. Money back, il not satisfied. N'othinp so pood for sunburn, chafinsr. after shavinpr and roueh skin. Druggists everywhere recommend
PLAN NOW APPROVED
Emergency Financing of the Ohio and Electric. (National News Association) COLUMBUS, Ohio, May 2. Emergency financing for the Ohio Electric Railway company has been approved by the Public Service commission following the appearance before the commission of President W. Kelsey Schoepf. Mr. Schoepf came on from Cincinnati with an application for the issuance of $3,000,000 second mortgage twenty-year gold bonds, bearing five per cent, and not to be sold for less than 80. The application was immediately filed, an immediate hearing held and it was decided by the commission that the order would be granted. It will be formally approved today. There is to be a proviso that the company must reduce its outstanding capital stock by $3,500,000 by retirement. At the same time the company i is to go before the Secretary of State and reduce its capital stock authorization by the same amount. The changes will leave the total amount of outstanding securities unchanged. The financing is done to repair the large amount of flood damage which the company suffered a month ago. Repair is to be begun as soon as possible, it was explained. Genuine Turtle Soup Saturday all day and evening at Fred Brokamp's saloon, 312 Main. HAGERSTOWN i HAGERSTOWN, Ind., May 2. Mrs. Paul Lewis of Williamsburg was the guest of Mr. and Mrs. Albert Jones Thursday. Mr. and Mrs. Kinsey of Columbus, Ohio, are guests of Edward Moore and family. Phillip Miller suffered a stroke of paralysis at his home near Jacksonburg. Mr. and Mrs. James Innis are at Tipton spending a few days with relatives. Mr. and Mrs. Brown Burns of New Castle are spending a short time here. Henry Rath has returned form South Dakota where he spent the winter. Mart Teetor of Des Moines, Iowa, has returned to his home after a short visit among relatives here. Mrs. Menton Temple of Anderson is the guest of her neice Mrs. Grover Shinn. Mrs. J. H. Kidwell entertained last evening at a six o'clock dinner the graduating class of 1913, complimentary to her step-son, Walker Kidwell, who is a member of the class. Miss Opal Wilson and Mr. Ben Woods were married Sunday by Rev. A. K. Love at the home of the bride's parents, Mr. and Mrs. Thomas WilBecause it raises at just the manner, you can THE
BAKING POWDER
ARE YOU READY?
Wc arc fo deliver your winter coal May is the cheapest month. All standard grades fresh mined in stock.
MeliBiton Lowest Prices THE PEOPLE'S MODERATE
0mm
son near Milville. The groom is the son of Mr. and Mrs. Lewis Woods of Hagerstown and an employe of the Light Inspection Car company. Miss Maud Neal, daughter of Mrs. Eliza Neal, and Mr. Albert Doughty were married at Richmond Tuesday. Among those who attended the funeral of Lloyd Williams Thursday were Mr. and Mrs. George Rheinegeer of Richmond, Mr. and Mrs. Arthur Champlin, Mr. and Mrs. Jessup of Anderson, Mr. and Mrs. Larkin Smith of Moreland and Harvey Williams of Indianapolis. The Progressive club held a very interesting meeting Wednesday afternoon with Mrs. Fred Shumard as hostess. Miss Lyons of Richmond was a guest. The club will celebrate Mothers' Day with a meeting May 14 at the home of Mrs. Robert Thurston.
NEW PARIS NEW PARIS, Ohio, May 2. Miss Carrie Dunn has resigned her position with the telephone exchange and accepted one at the Mirror office. Mrs. Robert McGill and Miss Elsie and Mrs. Charles King spent Friday with Mrs. eGorge Woods. Mrs. A. B. Reid is visiting her daughter Mrs. Orville King and family in Pittsburg. Mr. Lawrence Melody is the guest of friends in Hamilton. Mrs. Earl Richard and baby of Columbus, Carrie Whittaker, Esta Geeting and Mellie McMull were the guests of Mr. and Mrs. Gus. Hapner in Richmond, Wednesday evening. Mrs. George Miller entertained on Wednesday evening in honor of her daughter, Mrs. John Aiken of Richmond. Mrs. Walter Rossiter and daughter Hazel were the guests of Mrs. S. I.Horner Thursday and attended the closing exercises of Miss Marguerite Horner's school near Gettysburg. Mr. Eichman of Dayton, was in town Thursday. Ed. Young, Harley Porterfield, Harley Billman and Harry Collins attended a Masonic banquet at New Madison Monday night. Mrs. Fudge attended the funeral of F. Campbell at Eaton Tuesday. The funeral of Alexander Barr, one of the oldest and most highly respected citizens, who died very suddenly, at the home of his daughter, Mrs. William Penner, Tuesday, was held at Gettysburg church, interment at Spring Lown. The remains of Mrs. Baker of Findlay, Ohio, arrived here Thursday and were taken to the home of her son W. G. Baker. Funeral services were held at the Methodist church. Interment in Spring Lawn. ADOPT RESOLUTIONS Resolutions were passed commendinc th flnnnintmpnt rf 1 Ji t f 1 c T)ofrl na j a member of the state board of eduj cation at the meeting of the county 1 board of education yesterday. A copy j of the resolutions will be sent to Governor Ralston. The appointment was unanimously indorsed by the board. Better Dumplings Occasionally, even the best cooks have difficulty in making light, delicate dumplings and steamed or boiled puddings. Not from lack of skill, but from the failure of the baking powder to properly do its work. right time and in just the right always depend on WHOLESOME Coal Co. Phone 3165 PRICE DENTAL OFFICE Gold Crowns Bridge Work ... Full Sets Gold Filings ... $3.oe $3.C0 $5.00 ...$1.CC up Silver Fillings . 5Cc up Inlay Work a Eoecialty.
Examination Free. Ail Wcrk Cusranteed. We not only claim, bu-t hve ind spu: ble proof cf tre crcates-i and mcst psfect method r.cw used for the painlc-i extraction of testh. New York Dental Parlors 904J2 Main St. RICHMOND. IND. Open Evenings.
Psychology Plays In Plans For
Are you looking for a Job as motorman? Prove your ability by psychology. Will you make a good chauffeur? Submit to a mental test and find out. Would you be a successful telephone operator? You will save the company's time and your own by undergiong a psychological examination to determine your fitness for the position. Psychology plays a prominent part in the various plans for vocational guidance currently reported to the United States bureau of Education, by means of which scientists hope to devise ways of measuring people with regard to their qualifications for certain kinds of work. Dr. Leonard P. Ayres. of the Sage Foundation, has just summed up a number of psychological tests for positions actually put into practice in modern industry. Thus the American Telephone and Telegraph company engaged Prof. Munsterberg to introduce a test for determining which applicants were likely to prove good telephone operators. The girls were examined with reference to "memory, attention, general intelligence, space perception, rapidity of movement, accuracy of movement and association." The results showed that the girls who qualified in the tests were the most efficient in practical service, while those who stood at the foot of the list failed later and left the company's employ. Prof. Munsterberg has also tested street car mctorman by elaborate apparatus, with a view to selecting those least likely to be responsible for accidents. As a result of his experiments he came to the significant conclusion that the application of such a test on motormen would result in the rejection of about 25 per cent of those new employed. S. E. Thompson used "reaction-time tests" in selecting girls for the work It's SAFE SAVING SANE
ZTew IPerectiorii
m
Oil Cook-stove
This Is the seventh the last edition of the famous Oil Stove that has revolutionized kitchen methods In city and on farm. It is literally sweeping thecountry. Nearly 200.000 NEW PERFECTION'S were sold in Indiana. Illinois, and other states by the Standard Oil Company, an Indiana Corporation, last year alone. This stove barns OH. At just half the cost of gasoline. At two-thirds the cost of artificial gas. And it is safer and cleaner than either. Note the oil reservoir with indicator, the Perfection Sad Iron Heater, and other exclusive features. Note its special equipment: the cabinet top with drop shelves and towel racks, the smokeless, odorless broiler;
STANDARD OIL COMPANY ialt XHDtaVA CORFOmATIOV) -VCHICAGO, ILLINOIS
H:
m
EXCURSION TO - Indianapolis
Round Trip $1.35
SUNDAY, IVIA.Y 4th and Every Sunday.thereafter Via Terre Haute, Indianapolis and Eastern Traction Co., GOOD GOING only on special end regular train leaving Richmond at 6:00 a. m. each Sunday. This special train will run on Limited time and arrive in Indianapoli3 at 8:30 a. m. and regular train leaving Richmond at same time will run as per time table schedule, arriving Indianapolis at 9:30 a. m. GOOD RETURNING All trains date of sale. Attractions BASE BALL PARKS THEATERS SEE LOCAL AGENT FOR FURTHER INFORMATION.
GREAT BO
Five Big Volumes, $2.35 REGULARLY SELLING AT $12.00 Clip this Coupon
THE RICHMOND PALLADIUM Every feady's Cycloyedia DAILY OUPON This coupon, if presented at the office of The Palladium on FF.ICAY. MAY 2, or SATURDAY, MAY 3, will entitle the bearer to cne f ive-vc!urr.e set of Every tody's Cyc!cp:dia (regularly selling at $12)
Fop IL O.lDtP.S, ADDKECS THE
1
1
i MA
1
Tho Sets are loo bulky J-- be Ee::t by mail, bnt out-of-town readers can La. e them for the S--25. u2 set to be sent by express, shipping charges to Le paid by tha receiver. OUT-OF-TOWN READERS need not wait until liie days of distribution, but send orders any day cf the wetk and shipments will be made promptly on the distribution days.
Important Part Vocational Guidance
of inspecting for flaws in the steel balls used in ball bearings. The final outcome was that thitrty-five girls did the work formerly done by 120; the accuracy of the work was increased by 66 per cent; the girls" wages weje doubled; the working day decreased from ten and one-half hours to eight and one-half hours, and the profits of the factory increased. Another set of psychological tests aims to select positions for persons, rather than persons for positions, but not much has really been done in this field. The difficulties in the way of both kinds of tests may be inferred from the fact that there are something like ten thousand separate kinds of gainful occupations in the United States. Dr. Ayres sees great possibilities in psychological tests for choosing the right persons for jobs. He says: "When the best possible adjustment shall have been attained between work and workman, each one will have his full opporAinity to achieve at least something for commonwealth and commonweal. The task of the world will be done better and the workers will receive greater rewards, deeper joy. and fuller satisfaction in their doing." Kerosene is the universal illuminant around Aden, Arabia. NOTICE OF EXECUTRIX. State of Indiana, Wayne County, ss: Notice is hereby given, that the undersigned has duly qualified as the executrix of the last will and testament of Mary J. Clary, late of Wayne County, Indiana. Said estate is supposed to be solvent. Martha E. White, Executrix. WILLIAM 11. KELLY. Attorney. 1MS-25-2 No SMOKE ODOR ASHES the portable oven: the special toaster. (Furnished with or without above equipment.) The small cost of the NEW PERFECTION (Wick Blue FlamelOilCook Stove is its tfttmd big surprise; the first is its ease, efficiency and economy in boiling, broiling, baking, roasting and toasting. One. two, three or four burners, as desired. Your nearby dealer will gladly demonstrate and quote you prices. -COOK BOOKOar daady 72-page Cook Book sent oa receipt of frn cents te stamps to cover the cost of mailing (S6 m Round Trip 1.35
ok bargain
S2, 35 PALLADIUM. RICHMOND. IND.
Rheumatic Sufferers Astonished RHEUMA Acts on Kidneys, Liver and Blood the First Day and Out Goes Uric Acid Poison. Anybody can afford to pay 50 cents
to get rid of terrible Rheumatism. Sci atica or Gout, and that's all RHEUMA costs at Leo H. Fine's and he says it it doesn't do all that is claimed for It, money back. It's wonderful how speedily this simple remedy takes hold and how ths sore muscles limber up and the swollen joints come down to normal. Make no mistake RHEUMA costs but little, but it's the best remedy you can find to drive Rheumatic poison from the system and bring back health to misery-racked bodies. "I had Rheumatism for a long while, and tried many medicines, but was not cured until I usd RHEITMA. I cannot praise RHEUMA too highly. My advice to those suffering from Rheumatism is to use this gret remedy, a I believe it will effect a permanent cure in any case." C. H. Lanhana, Sattes. W. Va.. April 27. 1912. ( Advertis-naenK) Famous Oregon drill team and dance at the Coliseum Friday, May 9. Piatt opens Saturday May 3, 9 a. m. at the Westeott Pharmacy. Ml) RR TODAY 'The Palace of Flames Greatest Fire Seen Ever Produced. Picture M U R RAY TODAY "Two Jolly Rovers. Introducing Richardson and Niner Lots of catchy music and lots of pretty girls. MttEFF&y NEXT WEEK. Matinees Tuesday, Thursday and Saturday. Frances Sayles Players Present The Lion and The Mouse Matinee 10 and 20 cents. Nights 10, 20 and 30 cents. PA LACE TODAY "FOR ANOTHER'S SIN" Thanhouser Feature 2 Reels. "CALAMITY ANNE'S TRUST." American Drama. SUNDAY 'OIL ON TROUBLED WATERS' American Drama Two Reels. LEGAL RATE LOANS 2 Per Cent Per Month We loan $5 to JtCO and from ore to twelve months" time. We have not changed our plan of Long Time and Easy Payments, which has become so popular with the Borrowing Public. On the other hand, we have lowered our rates to conform to the new law, under mhich we will operate, and will be licensed arrt bonded to the state of Indiana. We loan on Household Goods, Pianos, Horses, Wagon. Fixtures, etc., without removal. Loans made in all parts of the city, and all to"ns reached by Ir.terurban roads. Mail or phone applications receive prompt attention. If in need of money, fill out this blank and mail to us. Phon-i 1545. If you need money fill out the following blank, cut it cut and mail it to us and our agent will call on you. four Name Address Richmond Loan Co.
J
Colonial Building, Room 8. Richmond. Ind.
Leo H. Flhe, Druggist.
