Richmond Palladium (Daily), Volume 45, Number 199, 29 June 1920 — Page 1

BIG PA VOL. XLV., NO. 199 Palladium. Est. 1831. Consolidated with Sun-Telegram 1907. RICHMOND, IND., TUESDAY EVENING, JUNE 29, 1920. SINGLE COPY 3 CENTS

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3,000 BOOTY IN THEFT AT CARLOS BANK Veggmen Flee South Through Wayne County in HighPowered Car Cashier Is Beaten. IN MONEY TND BONDS

Four heavily armed bandits held up the three employees of the Farmers Bunking company at Carlos City, Ind., shortly after 9:30 Tuesday morning and escaped with $3,000 In cash and bonds, after striking the cashier, J. B. Mills, twice over the head, and tying up the other two employees with ropes. i The four men. who were said to be driving a Hudson touring car. effected the theft without interference after they had completely surprised the employees. The men were reported as having driven through Greensfork a short time after the robbery. The four robbers entered the bank through a rear door. No one was in the bank except the cashier, Mr. Mills, and the bookkeeper, John Coggeshall, son of the president. One of the bandits slipped up and knocked Mr. Mills to the floor with blows on his head from the butt end of a revolver. Coggeshall was promptly seized and bound. Compelled to Open Vault. When Mr. Mills recovered consciousness he was compelled to open the vault. The bandits helped themselves 40 practically all the money in the vault, $2,000 in cash, also $1,000 of Liberty bonds. Securing their loot, the bandits shoved-Mills and Coggeshall into the vault and closed the inner door on them, locking it. After doing this, the robbers walked out of the bank, without attracting particular attention, got into their automobile, and drove away. It is stated that a few minutes after the bandits left the bank a depositor entered. He Quickly ascertained that the bank had been robbed and that the cashier and bookkeeper were prisoners In the vault. Tried to Open Vault Door. He tried to open the vault door but without success. Mr. Mills found a screwdriver in the vault, it is said, and succeeded in taking off the lock of the door. By this time the report of the robbery had ganerally spread about the village, but the bandits had had ample time to make their escape. Nine months ago the bank at Carlos City was robbed, at night, the safe being blown. At that time the thieves secured $1,000 in cash and $2,000 in Liberty bonds and war savings stamps. Binas Cogshall Is the president of the bank, J. B. Engle vice president. The bank is capitalized at $10,000 with $4,800 surplus. Notify Wayne Sheriff Shortly after the robbery, bank officials at Carlos City notified Sheriff Clem Carr of Wayne county, and Chief of Police Wenger, because the robbers had fled south into Wayne county after securing their loot. The robbery of the Carlos bank is one of the boldest in the criminal records of eastern Indiana., and the .first daylight robbery of a bank that has been carried out in this locality in many years. Carlos City is only a few miles north of the northern Wayne county line and is a town of about 300 population. The Farmers Banking company Is the only bank in the village. Wayne county authorities are in search of tlie robbers but doubt if they will be able to affect their capture, owing to the fact that the men were In full flight in a high powered automobile at least an hour before the report of the robbery had been received in Richmond. Two farmers residing near Philomath Informed the police that they saw a Hudson car with four occupants pass on the Philomath road toward Brookvllle. The Cincinnati police were Informed that the robbers might be heading for that city. rJ?- D-L-. C Ct tit xjimg uuuy oume onoes: Resounds Far Over Heads of Richmond Policemen All kinds of interesting events have been taking place of late over the heads of Richmond folks. Sunday a large bombing airplane carried a baseball squad of 17 men from ray ton to Indianapolis. Then, according to Eddie Rickenbacher, America foremost ace in the world's war, the first aerial crap game on record was in progress when a plane he was piloting recently passed over Richmond, flying from Indianapolis to Dayton. Rickcnbacher has as pasengers six men. all of them experienced aviators. A flight being no novelty to any of them ;i crap game was started in the cockpit soon after the plane made off from the speedway. If aerial crap shooting becomes popular it Is probable the Richmond police department will have to be provided with an aeroplane. Tailoring Shops Agree to Thursday Closing Program With the four largest tailoring establishments of Richmond in line with thrt closing program of the rest of Richmond mercantile establishments, others are expected to follow suit, making unanimous the closing of Richjnoud concerns on Thursday afternoons during July and August. Those that agreed are: Lichtenfel's Tailoring. Wilson's Tailoring. Graham Tailorjng Store and the Youngflesh Tailoring company. The Richmond Loan and Savings company and the People's Home and Savings association have agreed to tlose.

PALMER WILL LEAD ON 1ST BALLOT, IS BLYTHE'S PREDICTION

BY SAM F. BLYTHE (Copyright, 1020, by the Central Ircaa Aaaorlatioa) SAN FRANCISCO, June 29. Considerable order has come out of 'the convention chaos in the past 24 hours. Things have shaken down somewhat and a fairly stable program has been outlined. It is not yet time to say that a presidential candidate is in sight, but it is true that a number of presidential candidates are out of sight The entire political strategy of the men who have any claim to the definition of strategists, not more than 10 In number. Is to hold the convention steady at the beginning of the balloting, with votes impartially distributed and no man In a commanding place, and with no Idea of allowing any man to obtain a commanding lead for a space. However, the combined votes ci the leaders will total about the required two-thirds necessary for a nomination, if they can be used collectively for that purpose, which Is not yet worked out. Within this total of three leading candidates is a block of votes bound together rather rigidly and pledged to operate collectively at the proper time. This block of votes contains the strength of several of the larger states. It is of considerable proportion. It is with this block, held together by the men who are planning to dominate the convention and nominate the man best suited to the honor, according to their ideas, that the final rush will be made whenever the decision Is reached as to the candidate. Palmer To Lead On First According to tho most expectations based on careful canvasses and surveys, the combining of all available information and the most conservative checking, the three leading candidates will line up on the first ballot as follows: Cox, 175; McAdoo. 250; Palmer, 300. Those are the figures of the insiders and represent the export estimates of the strength of these leaders at that time. There may be a few changes, but these totals are claimed as approximately corect for the first ballot at the time of writing. There are 1,088 delegates in th convention at the outside It depends on the committee of credentials whether this total Is reduced to 1.0S4, but that is the minimum. Two-thirds are required to nominate, and two thirds of 1.088 Is 726. The total of the vote of the three leaders is 725. Hence, with this interior block working under orders, even if some of these 725 votes should seek strange moods, the block vote that is sewed up in a combination, and will continue to be sewed up is enough to prevent any candidate other than the one decided on from getting the necessary two thirds, because of this 725 as scheduled for the three leading candidates on the first ballot. Have to Find Proper Man. The preliminary safeguard having been established, the problem of the managers of the block is to find the suitable candidates, and that is now subject to discussion and will not be decided finally for a time. There is no hurry, for two reasons. The rst reason is that sentiment among either delegates or managers has not crystalized as yet and the second is that no word has yet come from the white house. It is recognized that even in the contingency that the convention is of a temper hot to allow the president to name the candidate, it is the fact that the president can prevent the nomination of man not desired by him. His veto is absolute if he cares to use it. The situation that the strategists must face is a twe-slded one. It mayhappen that neither of the three leaders. Palmer, McAdoo or Cox, will be desirable, nor show enough strength to secure a two-thirds preference, or that one or the other of them will prove of right proportions. Then the strategists must go to a few men or the one man, or decide whether to put other strong one of the three who starts in the lead. The other side of the situation is thus: White House May Determine. If none or the three is the man, as events determine, then a new man, either from the ruck of trailers, or from the outside, must be conidered. A hint from Washington as to the identity of the man the white house prefers, and in that case the man will become,, automatically a chief contender and subject for earnest consideration. Matters are not far enough along to mention names, for every consideration is tentative as yet. but what is outlined here is the foundation for what will happen later. A great deal of politics have been played by men who know how to play politics, while the outside clamor has seen that the convention is leaderless and muddling along to some haphazard Bort of a result. A great deal more politics is to be Tlayed. In 24 or 36, not more than 48 hours. It will be apparent who has the best chance to be nominated. Until that time the result Is conjectural, but there is no conjecture about the underlying operations and arrangements. They are as set forth herewith. Wets' Hopes Spring Eternal Joined with this is the wet and dry fight in a way. Several of the men who hope to control this convention, as herewith described, hope also, to get a candidate sufficiently wet for their local purposes. They know that the resolutions committee is 34 dry (Continued on Page Six) SET SOUVENIR VALUE TO BENEFIT U. S. TOURISTS WASHINGTON, June 29. Uncertainty on the part of American tourists returning from the battlefields of Europe laden with souvenirs and trophies as to ihe calculation of import duties during the period of fluctuating foreign exchange is dispelled by the orders issued today by the customs service to Its collectors. Values of articles brought into the United States in travelers' baggage are determined by the exchange value in the money in which they were bought on the day they left that country.

IS BLUE SKY MOLTI-X CO.'S CHIEFASSET? Vague and Misleading Statements Made by Persons Selling Stock to Local People Discrepancies Cited. PERSONSlERE INVEST

Many Wayne county people who have invested in the stock of the Mul-ti-X Airplane and Motor company are; beginning to wonder if they have made a "blue sky" Investment. This company which is promising to erect and operate a factory north of Spring Grove, has been selling stock in this territory, and the total already subscribed amounts to something over $25,000. Many men and women residing in Richmond and community who have money to Invest and who have been approached by Multi-X stock salesmen have viewed the proposition askance, it having too much of a "blue sky" background to measure up to their standards of good business judgment. Decide Not To Invest Several investors who had seriously considered the purchase of Multl-X stock decided not to do so, It is understood, after consultations with their bankers. As far as is known the stock Balesmen or representatives of the company have never submitted a financial statement of the assets or liabilities of the company, although Richmond business men have repeatedly asked that a statement be submitted, so that they could determine their financial standing and tho reliability of the company. When representatives of the company were asked if they had any banking references in Chicago, Indianapolis or Richmond, they stated they did not. "Incorporated for $3,000,000" Briefly stated the history of the Multi-X Motor company shows that it has been incorporated for $3,000,000 under the laws of Delaware. Half of its incorporated valuation is to go to those men who have conducted the company's experimental work. Althoug this experimental work has been carried on for about 10 years, the company has not yet completed nor sold one of its engines. The plans of the Multl-X company call for the selling of $300,000 of stock in Richmond and vicinity, of which amount $60,000 would gouifluihe promoters in charge of the local stock selling campaign as commissions. Miss Truth in Two Cases In at least two instances, statements made by a representative of the Multi-X company in regard to its business prospects have proved to be without foundation of fact. The Multl-X official in question asserted that arrangements had been made by his company to manufacture from 10,000 to 25,000 of its engines for a large Indianapolis automobile concern for installation in a new type of car which was to "revolutionize the automobile Industry." When this matter was called to the attention of the automobile company a flat denial was issued that that company had never considered purchasing Multi-X engines. ' At another time a Multi-X official stated that his company had entered Into an agreement with the Atkins Saw company at Indianapolis for the manufacture of 10,000 engines for use In portable saw mills. Statement Is Flatly Denied This statement was flatly denied by an officer of the Atkins Saw company when it was called to his attention. He did state, however, that the Multl-X company had offered to make engines for portable saw mills providing the Atkins company would advance the money for the purchase of raw materials. Publicity given to these statements made by a Multi-X representative and their ensuing refutations by officials of the two Indianapolis concerns has done much to create a general distrust in the motives of the promoters of the Multi-X corporation. Those who have asked representatives of the Multi-X company the reason why Richmond was selected as the site for their factory have been glibly informed that the field where it is proposed to locate the factory is considered to be the "best flying field in the United States." It is a generally recognised fact (Continued on Page Three) Weather Forecast For Indiana, by the United States Weather Bureau Local thunderstorms probable tonight and Wednesday; not quite so warm Wednesday, and in the north portion tonight. Temperatures Yesterday Maximum 88 Minimum 57 Today Noon 88 For Wayne County, by W. E. Moore Partly cloudy tonight and Wednesday; conditions favorable for local thunderstorms. General Conditions The hot wave continues with great intensity over the states east of the Rocky mountains and south of Lake Superior. Chicago, Illinois, reports a maximum temperature of 95 and Peoria 96. Other stations report from 90 to 94. Thunderstorms are developing along the backbone of the hot wave and the 24 hour rainfall has been heavy over the northern border states, especially in Minnesota, Wisconsin, and upper Michigan. The following cities report the heaviest 24 hour rainfall: Minnesota, Minneapolis, 2.84; Duluth, .72. Michigan, Sault Ste. Marie, 1.06: Escanaba, 1.16; Marquette, .82; Mackinac Island, .60 inches. Cool weather continues along the California coast. Maximum temperature at San Francisco, 64.

ROBINSON, PERMANENT REPUBLICANS IN (By Associated Press) SAN FRANCISCO, June 29. Senator Robinson, of Arkansas, permanent chairman of the Democratic national convention in his speech today assailed the Republican party for its Chicago platform, for the disclosures of large sums of money in preconvention contests and particularly attacked the Republican senators who fought the ratification of the peace treaty with the league of nations covenant. "Tested by every standard which voters usually apply," said he, "the Democratic party is entitled to victory in the coming campaign. Comparison of the Democratic and Republican records, contrasts of political policies and of party leadership justifies the belief that tho Republican party will be driven from power in both branches of congress and that complete control of the government will be restored to the Democratic party in the November elections beCORPORATIONS "COME THROUGH" ON TAXES; RATE MAY BE LOWER City and county officials who have been more or less perturbed over the prospects for an increase in the tax rates for next year, following the doubling of taxable values this year, hare experienced a feeling or relief. They have heard well-founded reports that the tax valuation of the county may be considerably increased by reason of the higher valuations being established on the majority of corporations doing business within the county, principally in Richmond. In the event there is an appreciable increase in the taxable valuation of the county, it is the general opinion that the present tax rates for the county, the city of Richmond, and the school city of Richmond, will be large enough to provide the required revenues, notwithstanding the fact that in each instance a larger revenue will be needed on 1921 than in 1920. Corporations Are Responsible. The corporations themselves are responsible for the increases now being made in their valuation, it is said Before the county tax board began its sessions for the consideration of tax assessments against corporations, each corporation was called upon to submit to the board a financial statement in regard to its valuation. Almost without exception, it is stated, corporations submitted accurate valuation statements, based on similar reports they had previously submitted to the federal taxing authorities. No chance was taken, it is said, in submitting a valuation report to the county taxing board which did not coincide with the valuation report the corporation had made to the United States government. Set Own Valuations Higher. It is stated almost without exception each corporation whose report the county board has passed upon, has established for itself a valuation higher than the valuation fixed for it last year. The total taxable valuation for the city of Richmond as established last year was $35,240,000. It is predicted that the new total valuation soon to be established will show an increase of several million, practically at the, entire expense of the corporations, for no increases in the valuations of real estate are contemplated at this time. The county tax board expects to close its sessions July 8.

Report of the Resolutions Committee is

CHAIRMAN, ASSAILS DEMOCRATIC KEY-NOTE cause that party has earned the public confidence. G. O. P. Jumble of Slanders "The Republican platform adopted at Chicago, is an amazing jumble of ambiguities, inconsistencies, evasions, misrepresentations, 'straddles' and 'slanders.' It Is deliberately unfaiivia, cnargmg upon tne Democratic administration all responsibility for military unpreparedness. "Every one knows that the Repub(Continued on Page Three) SUGGESTIONS WAITED BY PLATFORM MAKERS; BRYAN IS LEFT OUT (By Associated Press) SAN FRANCISCO. June 29. Actual preparation of the Democrat! platform delegated last night to a subcommittee of nine under administration leadership, waited today while the platform committee of 53 kept open house to hear final suggestions and arguments from many sources. Labor, liquor and the Irish question, all subjects of disagreement among party leaders were up for debate at the committee's public hearings. Besides there were many speakers on issues of lesser controversy, and there seemed little prospect that the long list could be finished until late in the day. Subcommittee Report is Heard Meantime, as observers studied the make-up of the subcommittee, it became more apparent that the real contest over the platform would come after the subcommittee's report had been laid before the full committee for review. William .1. Bryan, omitted by the ad-, ministration leaders from membership on the subcommittee, said he probably would not present his planks on prohibition, the league of nations and other subjects for subcommittee consideration at all. Glass Hand-Picks Bunch Selected by Senator Glass of Virginia after he had unanimously been chosen chairman of the platform committee, the subcommittee was -expected to show a majority of administration supporters and a majority also against Inclusion of any wet plank In the platform. Senator Glass, understood to be President Wilson's own choice to head the committee, made his selections after a long conference with Secretary Colby, of the state department, a member of the committee from the District of Columbia, and the administration manager on the floor of the convention. Secretary Colby was one of those given membership on the subcommittee. Besides Mr. Bryan, Senator Walsh of Massachusetts, who advocates a treaty plank out of accord with administration views. W. Bourke Cockran of New York, a leader in the fight for Irish recognition, and James B. Nugent of New Jersey who wants a wet plank, were left off the list of nine. INDICT 2,264 FOR ALLEGED SLACKING NEW YORK, June 29. Indictments against 2,264 alleged war "slackers" were filed today in the Brooklyn federal court. Warrants are to be Is sued for their arrest by the United! States marshal after elimination of about 50 per cent who are believed to have entered war service without notifying their local draft boards.

Now in Order

Program for Today (By Associated Pess) SAN FRANCISCO, June 29. The Democratic national convention program for today is as follows: Convention meets at 1 p. m. Prayer by the Right Rev. William F. Nichols, Bishop of the Episcopal .church, California diocese. Report of the committee on credentials. Report of the committee on permanent organization. """"" Address by Senator Joseph T. Robinson, of Arkansas, permanent chairman. Report of the committee on rules and order of business. Next in order, report of resolutions committee, which is holding hearings, and is not ready to report the platform. Remainder of the day's program depends on convention developments. Delivery of nominating speeches next in order while platform report is awaited. ADMINISTRATION IS WINNER, REED AND 2 OTHERS UNSEATED (By Associated Press) SAX FRANCISCO, June 29. Administration supporters strengthened their hold on the Democratic national convention through a series of victories in the credentials committee which decided three hotly fought contests. One of these was the denial of a seat in the convention to Senator James Reed, of Missouri. The Clark Howell delegates, in Georgia, pledged to Attorney General Palmer, also were seated. Both actions were in accord with previous decisions of the national committee. The credentials committee, however, overruled the national committee in the Oregon case where it seated R. R. Turner and John L. Schuyleman giving each one-half a vote. Turner, who was selected by the Oregon state committee to fill a vacancy caused by the death of Georgia T. Baldwin, was forced to yield half of his vote to Schuyleman, described as a strong administration supporter. Schuyleman claimed the seat on the ground that he was the next highest man in the primary, having been fifth in the race for the four places. . Contests Are Long Ones. All three contests were long drawn cut, and were marked by acrimonious statements and bitter personal attacks. Chairman Jamieson, of Iowa, maintained order with difficulty. But the administration group reigned when the voting came on each of the contests. There was no indication from the Reed forces as to their next move. The senator was not at the hearing. Francis W. Wilson, counsel, said the senator's wishes could be consulted before further action was considered. He reminded the committee the fight was being made entirely by the delegation from the Kansas City district and that the senator "never has and does not make a demand for the seat." LOCOMOTIVE ENGINEERS ORGANIZE CHICAGO BANK WASHINGTON. June 29. A charter for the Brotherhood of Locomotive Engineers' Co-operative National bank of Cleveland, O., was approved today by the comptroller of the currency. The bank Is capitalized at $1,000,000. Warren S. Stone, grand chief of the brotherhood, made the application.

WHITE HOUSE FORCES PRESS HOMEVICTORY In Full Control as Convention Meets for Second Day May Hear Nomination Speeches Late Today. M'ADOO FORCES THERE (By Associated Press) SAN FRANCISCO. Cal.. June 29. After a night of successes in the formation of committees administration forces in control of the Democratic national convention pressed home their victories today when the delegates gathered for the second session. Whether a combination of the opposition forces can be accomplished to stem the tide of successes has not yet been revealed. With the situation well in hand, close observers would not be surprised to see the next move to be a definite trend toward some particular candidate. While administration forces have worked in concert to control the machinery of the convention there is no assurance that community of Interests among them will continue when the balloting has reached the end of complimentary voting. Inevitably this situation led to a discussion of dark horses, because no one knew if the White House would favor any particular candidate. Leaders in the dark horse paddock are Vice President Marshall, Chairman Cummings and John W. Davis, ambassador to Great Britain. Platform May Come First There are many who believe there will beno definite drift of i esent fentiment until after the platform has been adopted, and the candidates definitely know upon what planks they are to stand. No Change on Candidates. There was no surface indications that there was any material change in the relative standing of the presidential candidates. Assembling an hour later than usual today the convention had before it only routine sessions a necessary time killer to give opportunity for commtitees on the outside and the final perfection of its organization machinery. A second keynote speech by Senator Joseph T. Robinson, of Arkansas, the successful candidate for permanent chairman, was the principal event on the program. Prospects for a fight on the floor over the action of the credentials committee, which sustained the national committee in its refusal to seat Senator Reed, of Missouri, as a delegate, were hedged about with uncertainty. There were predictions that the contest would not be carried further unless Senator Reed determined to force himself into a place with the Missouri delegation by proxy. Georgia Case Also Victory. The Georgia case also, in which the committee sustained the- national committee and seated Palmer delegates to the exclusion of the Smith-Watson fact'on, also seemed to have been settled with finality although there was always the chance of a last minute outburst. , Today's session, however, was the last play day for the delegates, for under the rules as adopted the convention may go ahead hearing candidates placed in nomination, while the platform committee Is working although it may not proceed to the voting. McAdoo Leaders on Floor The McAdoo people came onto the convention floor today for the first time, with a working organization, including a floor leader and a representative, on practically every state delegation. Their problem was to find enough supporters to round up a two-third's vote. Cox and Palmer forces wore active rounding up a showing for the early rounds of balloting. The threatened anti-administration fight so far as it related to the organization of the convention machinery collapsed without a showing. At the sametime the committee formulating the rules for the convention has cleared the way for the nominating speeches to be delivered while the resolutions committee is working on the platform. By unanimous action It decided that the various candidates may be placed in nomination while the platform deliberations are going on. but no balloting for a nominee may be conducted until after the platform has been brought in. perfected and adopted. This action will simplify and hasten the work of the convention very much. President's Picture Applauded. From the dramatic moment yesterday when a portrait of President Wilson was unveiled in the great convention auditorium, to let loose a storm of tribute and approbation from party fellows on the floor, there seemed little chance for those who had set themselves in opposition. The demonstration for the president had fairly lifted the convention to Its feet, and set it marching through the aisles roaring and shouting. It was born in part of a solemn patriotic fervor that had preceded It and which had sent the rolling tones of the Star Spangled Banner soaring into the caverns of the massive building with a fore and volume that spoke of hearts thrilling with high feeling. . Stirring Setting of Picture. The settine was almost beyond description. The majestic proportions of the building, the peal of the great pipe organ flooding the space with music, the clash and stir of the military band, the vivid wall of color where a great flag swept from ceiling to floor before the delegates, the note struck by the marine color guard on the platform and through It all the keen, winelike quality of the cool salt breeze that swept In from the wide reaches of the Pacific: all these things were busy even before the flag (Continued on Page Ten)