Richmond Palladium (Daily), Volume 45, Number 190, 18 June 1920 — Page 6
PAGE SIX
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., FRIDAY, JUNE 18, 1920.
THE RICHMOND PALLADIUM AND SUN-TELEGRAM Published Every Evening Except Sunday, by Palladium Printing Co. Palladium Building. North Ninth and Sailor Streets. Entered at the Post Office at Richmond, Indiana, as Second Class Mail Matter.
MEMBER OF THE ASSOCIATED PRESS Tn Associated Press 53 exclusively entitled to the use for republication of all news dispatches credited to It or not otherwise credited In this paper, and also the local news published herein. All rights of republication of special dispatches herein are also reserved.
The Sale of The American Seeding Machine Company's Plant Here The absorption of the Richmond plant of the American Seeding Machine company by the International Harvester company, announced today, will be a great surprise to many, as the de
tails of the negotiations were not known until the sale had been consummated. And withal it is a happy surprise and one that will be warmly appreciated. The industry has been long established here and its executive heads and owners have contributed their share toward the industrial expansion of Richmond. They have been public spirited and keenly alert in developing civic pride. James Carr has found time to take an active interest in municipal affairs and for many years has been an able counselor in civic movements that sought the bringing of new factories to this city. During the war he was called to Washington where, as member of the allied purchasing commission, his services were so highly regarded
that the French government deemed him worthy of receiving a medal of honor. Richmond is fortunate in having him remain here as head of the plant under the new owners. From an industrial standpoint, the sale will make the plant a unit of a corporation that is one of the strongest manufacturing industries in the United States. Richmond will benefit immensely by the alliance. The plant gives employment to men the entire year and does not lie idle for many months, as some industries do.
The Proposed $275,000 Bond Issue ' The necessity of floating a bond issue to pro- j vide funds for the installation of new equipment in the municipal light plant is recognized by every citizen who wants the assurance of continuous service for domestic and power consumption. A question has arisen as to the interest rate and the maturity date of the bonds. The money market is high. Municipalities, despite the attractiveness of their bonds, with features of tax exemption, security and marketability, cannot borrow money at the old rate. Strongly entrenched corporations, such as the Pennsylvania railroad, for instance, had to offer 7 per cent on their bond issues before investors would absorb them. Richmond will have to offer the issue at 6 per cent to make them attractive. The proposal to let the issue run for 15 years before retirement has met with opposition. It is held, and rightly so, by some members of city council and citizens, that a five-year bond issue would find a ready market, and save the city a big sum of money on interest payments. The 15-year issue at 6 per cent would cost the municipality about $157,000, it is estimated. This is a considerable sum of money. Supporters of the 15-year plan overlook changes in the money market that may arise in the lapse of this period. If money rates should be restored to a
pre-war basis, or one near it, a heavy interest debt, avoidable by the five-year plan, would be saddled on the municipality. The five-year plan should at least be tried before the city authorities float the bonds for a 15year term on a 6 per cent basis. If investors will not accept the bonds, the way will still be
open to lengthen the time of their maturity. The finances of the municipal light plant are not in a robust condition to warrant the fixing of bonds at a high rate of Interest with a long maturity. As predicted by the Palladium many months ago, the operation of the plant must be conducted on a very economical basis this year to avoid a big deficit in operating expenses. An increase in rates for domestic and power consumption is inevitable. These rates must inevitably be increased still higher to meet interest charges over a period of 15 years.
j Answers to Questions j V ' G. R. H. If a man is enlisted and Is sound when enlisted, and after serving 10 months gets an S. C. D. is he entitled to atpension? If so what steps must he take to get it? If In line of duty, yes. Take original discharge certificate and apply through the local Red Cross society at the court house. The amount of the pension is determined by the percentage of disability. Gardener Where did asparagus come from? Asparagus in its wild state is a native of Africa, southern Europe and parts of Great Britain, where is grows in sandy marshes. S. R. How many persons will Tomlinson Hall in Indianapolis hold? Between 3,500 and 4,000 persons. D. M. How 'much has silver advanced since the beginning of the war? It has a little more than doubled in price since 1914. C. P. Are there oil fields In Indiana? Yes, but they do not rank in importance with those of Ohio and Kentucky. Subscriber Where Is the home of Rasmussen, the Danish explorer? Copenhagen. Reader may obtain answers to questions by writing the Palladium Question and Answer Department.
Questions should be written plainly
and briefly. Answers will be briefly.
riven
Good Evening By Roy K. Moulton
Today's Talk By George Matthew Adams
IMAGINATIVE MEN Someone has said that imagination : rules the world. And when we realize that it is men who rule the world, and that each man in turn is ruled by his imagination, we find it easy to accept tins statement and believe that imagination does really rule the world. The builder is always an imaginative man. And whether this imagination takes the form of thinking out a set of characters, scenes and actions for a book, or whether its form is that of figures and lines and diagrams for the building of a bridge or a town the vision of the plan, coupled with the .action necessary to bring it about, is what accomplishes the result. All men of action are imaginative men. But not all imaginative men are
men of action. If you want your imagination to count for something, it must do business. The big doers of the world have always been great imaginators, but men of few words and simple instructions. The big plan mattered most to them. It took the imagination of a James J Hill to see a completed empire in the great Northwest. But arteries of railroads were needed. So Hill, the man of action, built railroads and his dream came true. All you have to do is to pass thru cities, ride in elevators up scores of stories, pass over long-spun bridges of strel, travel thru tunnels under great rivers and mountains, to realize that it's the imaginative men who make all , progress possible. If you wunt to do big things and Girl Couldn't Stand Clothes to Touch Her "My father 'rot me a bottle of Mayr's Wonderful Rcur.ly for stomach trouble and I am feeling so much better since taking it. My stomach was so painful I couldn't stand my clothes to touch me." It is a simple, harmless preparation that removes the catarrhal mucus from the intestinal tract and allays the inflammation which causes practically all stomach, liver arid intestinal ailments, including appendicitis. One dose will convince or money refunded. Clem Thistlethwaite's Seven Drug Stores; A. G. 1-u-ken & Co., find loading druggists everywhere. Advertisenu nt.
bet the satisfaction that always comes thru their achievement feed your imagination. Maybe you can feed it only little things at first. But if you keep at it, its appetite will grow And before you know it, you will be a man or a woman with an imagination that will spell achievement, success, service an imagination worthy of the world's applause.
D
inner
Stori
ries
"Why didn't you put my luggage In as I asked you?" angrily demanded a passenger of a porter as his train was moving off. "I did," shouted back the porter; "yer luggage has more sense than yerself. Ye'ye in the wrong train." Equally amusing is the story of the dying gamekeeper, between whom and a village poacher there had been a long-standing and bitter feud. Aware of the feud, the vicar begged the dying man to see his enemy and forgive him, ro that he might die at peace with the
world. When the poacher arrived at the bedside a pathetic scene was wit
nessed, the two men clasping hands
and shedding tears of penitence and
pardon. "I forgive thee, Jack," sobbed
the dying gamekeeper in farewell, as the poacher stumbled weeping to the door, "but tha mun remember if I should happen to get better this Is off!" 4
"Well, Mrs. Blank," said the doctor to the wife of a patient who had led her a miserable life, "I hope your husband's temperature is not higher today." "Well, was the startling answer, "that's just -what I was wondering, sir. Ye see, he's been dead since noon."
Tfiiaml Trustees Approve
$125,000 Building Proposal;
Fill Faculty Vacancies OXFORD, O., June 13. Miami university's board of trustees has approved plans for a $60,000 hospital building to be erected on the campus. The board has also decided to erect additions to the library and the chemical building to cost $25,000 and $40,000, respectively. The State of Ohio will be asked to appropriate $200,000 for the erection of another dormitory for girls. Action upon the erection of Ogden Hall, for which $300,000 was left several years ago by Mrs. Laura Ogden Whaling, of Cincinnati, was deferred. The following faculty appointments were approved: A. S. Williams, of Georgetown (Ky.) college, to be assistant professor of chemistry, succeeding Wm. V. Godshall, resigned; A. B. Williamson, of Carnegie Institute of Technology, to be professor of public speaking, succeeding Arthur L. Gates, resigned; Robert E. Brown, of Dayton, to be instructor In chemistry; James L. Bliss, of Akron, to be director of physical education, succeeding Alfred Brodbeck. resigned; Harold M. Hickman, of Columbia uni
versity, to be associate professor of
economics, a newly created position; Miss Alice L,Hull, of North Fairfield,
to be manager of the university com
mons; Miss Alice Swisher, critic
teacher in household economics, to be
assistant professor in the department
Wm. H. Shideler, assistant professor of geology, to be head of the de
partment. Several vacancies in the faculty remain to be filled.
Memories of Old Days In This Paper Ten Years Ago Today
The Queen of Sheba was a renowned beauty despite the fact that she never wrote any beauty hints for the Sunday papers. A grocer, whose store was held up, knocked out the holdup man with a can of beans. He did by throwing the can of beans at the robber, not by making him eat them. The dean of the school of theology
at Harvard says boxing is "a redblooded, manly sport." Well, it is far
from blue-blooded or feminine, at that. LINES. It seems only the other day I brought her in a red, red rose. She kissed my cheek and wiped my nose! And then I laughed and ran away. Just yesterday, that's all it seems, She took meup the creaky stair And said there were no goblins there Just angels, and they'd bless my droams. Though yesterday is many a year, And we are distant from each other, Her memory is never drear My mother. Teresa Lawlor. Marat, the French revolutionist, was
killed while taking a bath. But that is something that could never happen to the Russian revolutionary leaders. Marc Antony was known far and wide for his oratorical ability, yet he never spoiled a good dinner by speaking at a banquet. Flo Ziegfeld says the girls are growing prettier each year. Also, add that they are growing more expensive at
about the same ratio. When Bismarck was given the gate by the kaiser the people of Germany felt very sorry for him, so they named a herring after him. King Henry the Eighth had eight wives, thus showing that even in the old days royalty had its troubles.
LEBERT PUPILS PRESENT CHARMING PIANO RECITAL Another charming piano recital of advanced pupils was presented by Cecilia D. Lebert In the High school auditorium, Friday night. The proceeding night her younger pupils were presented. Technique of good quality and understanding of musical appreciation was
shown the pupils in both recitals.
THEATRE ORCHESTRA HONOR WEDDING OF STAGE STARS Honoring the marriage ceremony of Richard Barthelmess, protege of David Griffith, and his bride Miss Mary Hale, late of the Ziegfield Follies "Nine O'clock Revue" the pipe organs and orchestras in the Murray and Murrette theaters were to play Mendolsohn's Wedding March at 4 o'clock Friday afternoon. The couple will be married at that hour in the Church of Heavenly Rest, Fifth Avenue, New York. More than 800 pipe organs and orchestras in theaters throughout the country will play the wedding march at the appointed hour.
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BATHING SUITS For Men, Women and Children VIGRAN 617 MAIN STREET
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NATIONAL Bicycles ELMER S. SMITH THE WHEEL MAN 426 Main Phone 1808
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The annual June strawberry meeting of the Wayne Horticultural society was held at the home of Isaac Dougan in Spring Grove. About one hundred and fifty members and their friends attended. Both the Rev. Truman Kenworthy and the Rev. T. J. Graham spoke. Assessments of banks, state, private and national, and of trust companies in Wayne county, as completed by the board of review, reflected a general prosperous condition of financial institutions.
Infants
Invalids
No Cooking A Nutritious Diet for All Ages Quick Lunch at Home or Office Avoid Imitations and Substitutes
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Overland Wins Great Economy Run
Light Car With Triplex Springs Wins Los Angeles-Yosemite Rua
THE LIGHT OVERLAND on Triplex Springs scored another remarkable triumph, in the annual 355-mile Los Angeles -Yosemite Economy run. Four out cf the six cups offered fell to Overland cars. In Class One, jm Overland took first place with a gasoline average of 35.1 miles per gallon. In Class Two an Overland Sedan won easily with an average of 27.6 miles to the gallon. In the Grand Sweepstakes, Overland cars finished first and second. The Baker Economy Cup for the best economy record in gas oil and water also went to Overland.
Touring, $985; Roadster, $985; Coupe, $1525; Sedan, $157$ Prices f. o. b. Toledo, subject to change witiiout notics
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