Richmond Palladium (Daily), Volume 92, Number 42, 18 February 1922 — Page 1
RICHMOND P AIX ABIUM VOL. XCII., No. 42 Palladium. Est 1S31. Consolidated With Sun-Telegram. 1907. RICHMOND, IND., SATURDAY EVENING, FEB. 18, 1922. SINGLE COPY, 3 CENTS
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HARD TO LIFT G. 0. P. CLAIM ON CONGRESS Democratic Managers Realize Landslide Needed to Upset Control to Focus Work in Doubtful States.
"Rivals Ruined Me," Says Chicago "Ponzi" UPHOLD LEWIS IN ACTION ON Landis Quits Bench to Devote Time to Baseball
JUDGE LANDIS QUITS RENCH FOR BASEBALL Mails Resignation to President Harding Personally Says Time Too Crowded to Keep Both Jobs.
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SOLIDLY ENTRENCHED
PAI.I.ADIIM SEWS DIREAC WASHINGTON. Feb. 18. To secure control of the next congress, which is to be elected in November, the Democrats must overturn a Republican majority of 24 in the senate, which has a membership of 96, and a Republican majority of 168 in the house, which has a membership of 435. The large Republican majorities in each branch of congress were the result of a landslide, and Democratic managers realize that another landslide this year will be necessary to life the mortgage the G. O. P. now liolds on the national legislative body. The situation which confronts the Democratic leaders does not inspire them with any particular enthusiam. They probably will be well satisfied if they are successful in cutting down to small margins the Republican majorities in the senate and the house. And, they realize, to accomplish this much their political activities in congress up to the time of its summer adjournment must be adroitly conducted. "Watch your step" is now the Democratic slogan. , The Republicans, however, realize that despite their present strength in congress their position is not im pregnable They have been warned by j the Washington Post, a stalwart Re publican organ, to remember the fickleness of the American voter." Task Not Hopeless. "The Republican candidate for congress this year will do well to 'hump himself,' ' cautions the Post. "It is a hard task which confronts the Democratic aspirant, mauled by the recent landslide, but it is not necessarily a nopeiess one How WPll tho Tfpniihlifana IntronnVi. I ed themselves in congress as a result! of the 1920 elections is shown by a stuay or tne congressional directory
Twenty-five states are now represent-;M
el in the lower house by solid Repub-i ilfllUl. UUtl ilU a clash between rival forces unea up lican delegations, and there are 17 j along the Ulster border. states, including Indiana, whose rep- ruiPAfiO Feh statement' Troops Leaving refutation is solidly Republican in "? Z J" 1 1 Resumption of the British evacuaboth houses. i 'Pgarding published reports that she tion has not been officially declared, Democratic strength in the house ia engaged to marry Max Oser, Zurich,! but a number of troops left Dublin yesbeing confined almost wholly to the Switzerland, riding master, was forth-! terday; others left Limerick and some south, it is to the 25 states now dom-l fo 'nf.twi .!arp at Cork stations ready-for em-
lnated by the Urnnbhran nrtv that vage trifir tight to secure control of concr;ss. Need Shrewd Tactics fime or lues, states nre commonly Tfgarricd as safely Republican; hence thu first move the Democratic leaders l.nve made is to determine how to oncr-ntrate thrir efforts in the doubtful states where the chances of suc cess may more surely be found ohrewd tactics must bo employed t I is realized bv the ripm gcrs that any mistake in the attitude The minoritv in the Kfnatp asrr, . tor instance, toward the tariff hill nnn'l Toward tne treaties resulting from ;he recent arms limitation conference might be fatal. The work of the limitation of armaments conference has met with general approval throughout tho country. As a DOlitical issue the npnrlinir treat. )s are exceedingly live wires. Then ' ioo, me minority managers now re alize that any effort to make capital or tne proposed protective tariff with a provision for American, valuation is fraught with danger. There is a genrial and steadily increasing demand for such a tariff, even in the Democratic south. General Issue It is probable, therefore, that the Democratic organization will start off the campaign on the general issue that the Republican party has failed to make good on its 1920 platform pledges. The political contest in Indiana probably will center in the first, third. iwunu uuu nun congressional dis tricts. Amazing political acrobats have hecn witnessed in those districts since 1916. The first district, which was car ried by the Republican candidate for
congress in 1920 by 7,860. returned a former butler-secretary to Taylor, Republican in 1918 by only 1 603 and would not be prosecuted on an emwas Democratic in 1916 by 323 ' The ' hezzlement charge preferred by his
miru district which in 1920 bv 2.174 and was Democratic in 1916 bv 2 407 The fourth district was Republican in 1920 by 5,197 and in 1918 by only 317. In 1916 it was Democratic by 2,170. The fifth district. Republican in 1920 by more than 10,000, was carried by that party in 1916 by only 692. 13-YEAR-OLD GIRL . LICENSED TO PREACH (By Associated Press) TULSA. Okla.. Feb. 18. A 13-year-old girl was among seven persons granted a license to preach by the Northeastern OIkahoma conference of the Methodist EDiscooal church here vesterdav. She is Miss Fa v Emorv of
Miami. Okla., who began preaching'33 such" in the hPe tnat !t was
last summer in the mining district near her home. She is in the seventh krade at school and said her ambition is to become a foreign missionary. The girl became a church member two years ago, and immediately became a Sunday school teacher in the primary department. She became intensely interested in all church activities and soon attracted the attention of her pastor. Under the direction of the Rev. George A. Kleinsteiper, phe prepared a sermon and delivered it from his pulpit. Soon she was urged to address regularly the inmates of the old ladies' and men's homes. Later she filled vacancies at Picher, Okla., and then preached at Baxter Springs.
i ' inigy-1 ij - W'fi $
Charles H. Apple, called one of Bischoff's rivals, and a few of the hundreds who tost their savings in Bischoff's get-rich-quick scheme filing claims. While Raymond J. Bischoff, Chica go's "boy Ponzi, is blaming Charles H. Apple and another "rival" for stealing his ideas for getting rich quick and thereby ruining his business and causing his embarrassment, the hundreds of victims of the Wallingford scheme are seeking aid of the authorities to coneci at least a part or the savings they gave Bischoll. Bischoll claims that Apple, security dealer, and a man named Harrington, so reduced his income that his "business" col-lap-ed. He admits that he owes approximately $4,500,000 and has but $1,000. MATHILDE M'CORMICK A C P A I f UCD OICTCD A T h A J U II 1 It OlO I Lit I R AIP " Ml ll Mf-M " I . . ' t CO rmlek, 16 year old daughter of Har old F. McCormich and granddaughter of John D. Rockefeller. Miss McCormick was said to be awaiting the arrival today from New York of her
father before having anything to say. I neutral whose impartiality and judg"There is no statement," Miss Loisjment shall be universally recognized. Gladys Philbriek, Mr. McCormiek's j It declares this starch is now directed secretary. Miss Mathilde has nothing j toward Canada, and suggests that Sir to say until her father arrives. But Robert Borden, former Canadian pre-
she hopes that Miss Muriel won't come, T'" ,V, ,. , V-,. . , Miss Muriel is Miss Mathildes sis ter- oIdcr b" three years. Miss Philbriek yesterday said that Miss Mathilde and Miss Julia Mangold, w-ho formerly was Oser's book keeper and who came to America with Miss McCormick, plan to return , to Switzerland early in the spring. "I think they have arranged for passage in May' altnouEn ma" be earlier or later," she said. Miss Mathilde and Miss Mangold spent yesterday afternoon practicing indoor golf strokes in the upper story of the McCormick home. WAITING FOR REPLY OF SANDS TO CLEAR UP TAYLOR MYSTERY LOS ANGELES, Calif.. Feb. 18. Investigators of the murder of William Desmond Taylor, film director were waiting to see today if anything would result from the announcement ' of Thomas Lee Woolwine, district attorney that Edward P. Sands, missing
10 by 323 The1 uc&mcuicui Luaigc yiciciicu uj uig was Republican frmer employer if Sands could prove in 1918 by 567 'nimself innocent of the slaying of Tayifi h iA7 Vhihor and "untangle this murder mys-
lor and untangle this murder mys tery. Woolwine's announcement followed receipt of a letter purporting to have been written by Sands. The writer stated he was in Los Angeles, was not guilty of the murder of Taylor, but could name the murderer and solve the mystery of the slaying. He inquired whether he would be set free in case he surrendered and proved innocence of the slaying. He asked that the district attorney publish his reply in any of the Los Angeles papers, and Woolwine made public the letter and the answer, the latter being addressed "to Edward P. Sands through the public press." Woolwine stated he had no means of knowing" whether the letter was genuine, but that he and his investigators thought it better to treat it GIPE ENTERS RACE FOR COUNTY CLERK Park R. Gipe, of Pershing, former assistant cashier of the American Trust and Savings bank, of this city, will seek the Republican nomination for county clerk at the forthcoming primary, says an announcement today, He is now connected with the Bank ers' Investment company, of Indian apolis. Mr. Gipe made the race againSt Claude Keever for this office a num ber of years ago.
PEACE DOVE SEEMS TO HAVE DESCENDED OVER NORTH IRELAND
LONDON, Feb. 18. Peace seems for the moment to have again descended over northern Ireland, the release of the remaining kidnapped Unionists yesterday tending to ease the tension. Nevertheless, both sides still hold prisoners, and it is understood the south is determined not to release the special constables captured at Clones until the Monoghan football players are freed by the Ulster authorities, the south contending that if the latter are guilty because they carried arms the Clone3 captives are equally guilty. ' v Moreover, there is the question of the four Sinn Feiners held at Ruthfryland, charged with "tumultous assembly," this growing out of disorders in connection with a republican funeral two weeks ago and also that of the arrest of the three Irish republican army officers atNewry. Despite repeated northern assertions- that the footballers will be held unless they apply for bail, there is a rumor that they may be freed as an "act of grace" within a few hours. A joint ! liaison commission is expected to function over tne week-end and to prevent DarKauon. Regarding reference to the chairmanship of the boundary adjustment commission provided under the treaty, by J. Austen Chamberlain in the house of commons yesterday, the Times says the government seeks a mier, may be asked to accept the Dispatches indicate that last night was the quietest in Belfast for nearly j a week. Only two men, named Duffin i and Donnelly, were shot and wounded I before the curfew. NATIONAL AGREEMENT DESIGNED TO SETTLE BUILDING WALKOUTS WASHINGTON, Feb. 18. A national agreement designated to settlf; the jurisdictional disputes said to have caused most of the strikes in the building industry in the past, was reached by the Associated Central Contractors of America, the American Institute of Architects, the Engineering council, the National Building Trades Employers' association and the Building Trades department of the American Federation . of Labor, through the National board of jurisdictional awards, in its quarterly meeting just concluded here, it was announced today. The agreement provides that local building trades councils shall suspend unions and refuse to recognize or sup port unions which fail to abide byi decisions of the board. It also pre-' vides that general contractors and sub-contractors shall incorporate in agreements with union labor a provision for compliance with all decisions of the board, and shall refuse em ployment to local unions which do no, abide by its decisions. Architects and engineers also are bound under the agreements insert in all their specifications a clause providing that the board's decisions shall be followed. The agreement was reached with adoption of a report of a special committee of the National board of jurisdictional awards, which had ben appointed to outline procedure in connection with the alleged refusal of tb.3 United Brotherhood of Carpenters and Joiners to conform to decisions of the board settling disputes between that organization and the sheet metal workers, in favor of the latter. The carpenters followed their refusal to abide by this decision, it was said, with strikes on big construction jobs in many parts of the country. The board, at its recent meeting, settled a dispute between elevator constructors and electrical workers by awarding the former jurisdiction over the hoisting, lowering and placing of elevator machinery. The International presidents of both unions expressed willingness to abide by the decision. ARTIST ARRESTED ON COUNTERFEITING CHARGE SPOKANE, Wash., Feb. 18 Sonny Gordon, an artist was under arrest here today charged with counterfeiting five dollar federal reserve notes. According to the police, Gordon drew the entire design of the bills in pen and ink.
HOWAT CASE Disorders Quieted by Mother Jones, 92 Year Old Organizer Answer Charges Roll Had Been "Padded."
VOTE AGAINST GUTS! , BULLETIN j , INDIANAPOLIS Feb. 18. An over- ; whelming vote wa3 cast thi3 afternoon J by the convention of United Mine Workers against accepting any wage reduction for soft coal miners, in making new working agreements effective April 1. INDIANAPOLIS, Feb. 18 -Disorders that broke out today in the convention of the United Mine Workers of America, was quieted by a speech of Mother Jones, a 92-year-old union organizer, and permitted the completion of the vote that decided against the convention's consideration of an appeal by Alexander Howat, for union reinstatement of himself and other expelled Kansas miners. Tabulation of the official vote, it was announced, would not be con pleted until tonight, but both sides ex pected little change in the unofficial j majority of 106 supporting President John L. Lewis and other administra-' Kansas miners. The final unofficial i v. uiLivtio ill rA iiri initi Lur I r:it-:i i vote was 2,070 to 1,964. The disturbance raised in the convention tndflV PamP whan aHminlctFa.
1.1 vo vuix-3 weie.cast. Dy men wnose n mn ni 1 nilin names did not appear on the printed'HI AMHl F II K Ml A I I N ll report of the credentials committee. J L " -U I Ull I LHUIItU Supporters of Howat declared the roll n 1 1 n H I" II nil riniimO had been padded, but Vice president iRURnEN llN FARMERS
answ'ered that the only additions were those of "duly elected and accredited delegates,' whose credentials were tardily presented to the committee. The additions, he said, were in accordance with previous anouncements. Wage Policy Next Unless upset by an unexpected result from the official tabulation of the roll call, the program was to begin j worK on the wage policy as soon as the roll was completed. Leaders among the delegates were unanimous in the prediction of an overwhelming adoption of the wage scale committee report, opposing any wage reductions for soft ;oal miners and increases for anthracite- workers under-threat of a strike on April 1. The surprising strength showed by Howat in his fight that forced the roll call left the result in doubt yesterday until the casting of the last 200 votes. These went against him three to one, giving the administration forces their victory by the narrow margin. - THERE ARE NO "IFS" ABOUT U. S. LOAN TO EUROPE, M'CORMICK By Associated Press) WASHINGTON, Feb.- 18. Senator McCormick of Illinois, in a statement issued today commenting on assertions in French quarters to the effect that the government of that country was ! not contemplating payment of its debt to the United States and that payment of he debt was conditioned upon receipt of reparations from Germany and liquidation of the Russian debt to France, declared the American loans to European governments "were made in good faith' 'and that "no" Russian or other conditions were attached to their payment." "The payment of the Interest due from the several European states," he added, "is of more immediate moment to the taxpayers of this country than the ultimate payment of the capital sum of the debt since the American taxpayer is paying for European armaments and civil establishments." Weather Forecast MOORE'S LOCAL FORECAST Occasional rains tonight; Sunday partly cloudy. v The fact that there are three differ ent storm centers west of the Great Lakes indicates cloudy and fair at in - tervals during the next 36 hours, with ... no special change m temperature before Monday or Tuesday. For Indiana, by the United States Weather Bureau Unsettled tonight and Sunday;' slightly colder in north, and central portions tonight. i Temperatures Yesterday Maximum 35 Minimum 8 Today Noon 39 Weather Conditions Cold weather is now confined to the eastern states and St. Lawrence valley, excepting for a small cold wave over Saskatchewan and Manitoba. Temperature of 40 below zero occurred Friday at White River, Ontario, and 22 below; zero at Northfield, Vt,, zero at New York, four below at Boston, four above at Philadelphia, and 14 above at Raleigh, N. C, and freezing cold in northern Florida. A storm over the west is causing rain and snow in the region of the Great Lakes and rain south of the Great Lakes. Another storm of great energy, is crossing the Rocky mountains along the United States and Can adian line, and has a diameter of 1,500 miles. ' .. Paid Circulation ' Yesterday, was 11,563
JUDGE JANDJS
Federal Judge Kenesaw Mountain
'-tion from the bench. He said he would devote his entire time to his duties as ni&h commissioner of baseball. His resignation is effective March 1. He j
receives a salary of $42,500 per year as federal judge is $7,500. INVESTMENT BANKERS (By Associated Press) CHICAGO, Feb. 18 The money powers of this country manipulated by the international investment bank ers decreed that the farmers should be made to bear the brunt of the war costs, Benjamin C. Marsh, managing director of the Farmers' National council, told members of that body in session here today. "During the last three years," he said, "farmers have lost ?20,000,000,000 through the deflation in prices which they received for their farm crops and through the foreclosure of mortgages and high freight rates. The international investor bankers deflated prices in order that the loans which these big financial interests, made to the government out of their scandalous war profits might be doubled in value through shrinking the dollar to onehalf its value when they loaned it to the government. Loot of Profiteers "The profiteers of America jointly obtained $250,000 net profit for every American boy who lost his life during the World war.": The speaker said that freight rates under the Esch-Cummins law have increased about one-third, while farm prices have gone down about one-half. "The bright spot in our national condition today," he said in conclusion, "is the fact that a group of fearless senators and congressmen from agricultural states have thrown down the challenge to the control of our government." TWO VIEWS TAKEN OF ARMS CONFERENCE BY JAPANESE PEOPLE (By Associated Press) TOKIO, Feb. 18 Results of the arms conference at Washington have split the thinking element of Japan into two opposing camps, according to a staff correspondent of the Kokusai news agency. The conservative group views the Washington agreements with uneasiness and feels that Japan has fallen a prey to the designs of the United States and European powers. The progressives declare the Washington conference has given Japan a golden opportunity to become one of the leaders in uplifting civilization. This latter school maintains that japa.ns lura e( DO,unaT Y 1 ?roblem3; ?'hat do ylth an lncrfeanS; i 1 n tr TrtTMT I Q t T rTt uhorrt trt retain a fnnn mg population, where to obtain a lood supply and where to obtain raw material. It is pointed out that fields of emigration are limited since many powers bar Japanese. It also is said that other nations are disinclined to supply Japan with raw materials owing to their fear of Japanese influence on the world's trade. The progressives reply to these question is a demand that Japan maintain the friendliest relations with other powers and by peaceful means obtain a hearing for her problems. They even go so far as to suggest that an international arrangement might be brought about whereby Japan would purchase Mongolia and. Manchuria from China and settle all these questions for all time." Nuns Fight Fire While Sisters Rescue Children (By Associated Press) ; CHICAGO, Feb. 18. Nuns at St. Joseph's Home for the Friendless here early today fought a fire under direction of the Mother Superior while oth ers took out 100 children ranging in age from two to 14 years. Many of the children were carried out sleeping and the older ones were awakend and marched out in orderly lines. . . The Mother Superior detailed 12 nuns to work the chemical apparatus and a hose from a bathroom foucet while the remainder looked after the removal of the children confined to the attic
Landis today announced his resigha as baseball commissioner. His salary,1, TO APPOINT WOMAN ASSISTANT INDIANA DISTRICT ATTORNEY (By Associated Press) . INDIANAPOLIS. 18. Mrs. Carl P. Lenz, for 13 years an. employe in the office of the district attorney, will be appointed an assistant district attorney within a few days, it was announced by Homer Elliott, United States district attorney today. The appointment, he said, has been EDnroved bv Attorney General Daugherty and Federal Judge. A. B. Ander-', son. She will be. Indiana's first woman assistant district attorney. MEXICO REASSURES U. S, ABOUT DANGER OF BORDER TROUBLE (By Associated Press) MEXICO CITY, Feb. 18. There is "no reason for the alarm of the United States authorities over threats of re - bellion along the frontier," according to Acting, Secretary of War Serrano. He said: ! "There are no rebels of importance close to the boundary, and the few desperadoes in Chihuahua do not dare attack a single federal military unit, much less threaten Juarez. "Sufficient troops have been placed on the border to repel any attack, and the garrisons at Juarez and other border points are competent. The fears in the United States are absurd." ' General Serrano referred to the uprising in Chihuahua of General Rosalio Hernandez as insignificant inasmuch as the latter is up in arms to accomplish vengeance for the murder of his two sons several months ago, and is understood not to be disgruntled at the central government. The secretary laughingly asked his inquirers if the defection of San Francisco Marinelarena, with four followers in Chihuahua, could be classed as a serious rebellion. , " States Disturbed. He admitted that the states of Michoacan and Jalisco were still some what disturbed. Reports last night from Mischoacan said that General Enrique Estrado's forces had encountered the rebels under Colonel Francisco Cardens in the morning, and that in the skirmish five rebels were killed and eight wounded. General Lazaro Cardenas has been called from the Isthmus territory to assume active charge of the operations in Michoacan, acting ; directly under General Estrado, who commands the forces in the six states of Colima, Jalisco. Michoacan. Cuanajuato, Aguascalientes and Zacatacan. General Lui3 Gutierres has been removed from Michoacan and assigned to the Isth mus. , . . v The war department also denied the rumor that Governor Sanchez of Pu ebla state contemplated revolt, and 'produced a communication from Gen eral Salvador Alvardo, now in uaxaco, denying reports that he is in rebellion. The department of the interior, through Sub-secretary Gilberto Valensuela also scoffed at' reports of revolution, declaring that messages received from governors of all states yesterday, described the - situation as tranquil. . ; PERSHING STADIUM IS GIVEN TO PARIS PARIS, Feb. 18 Pershing stadium was turned over by the city of Paris today to the French, committee in charge of the arrangements for the 1924 Olympic games. The stadium will be used exclusively in the train ing of the athletes who will compete in the games. ; ; Pershing stadium . was erected for the Interallied games held in June of 1919. It is declared to be too small, however, for the coming Olympic games, and plans are understood to J be going forward for ; the erection I stadium.
SAYS STRAIN TOO HARD
(By Associated Press) CHICAGO, Feb. 18. Federal Judntv K. M. Landis today announced hi3 resignation from the bench and said he would devote his entire time to his position as baseball commissioner. The resignation is effective March 1. "There are not enough hours in tho day for all my activities,' said . t.hj judge. "Therefore, I have forwarded my resignation as federal judge to Washington, effective March 1." The judge then called the first cas"? on his docket and refused to discuss the matter until court recessed. When court adjourned the judge added but little to his one sentence Btatment regarding his resignation. "That's all there is to it," said the judge. "There isn't time enough to do everything. I've worked hard. I've been getting up at 5 o'clock in the morning. I've had to go without lunch for two weeks. Then too, a iellow is in a bad way when he wants to stay jn De(j judge. in the daytime," added the He declared that was the way he felt now, and he realized that some remedy must be found. He declined to answer a question as to whether adverse critics, as to his holding the position of judge and also that of baseball commissioner caused his resignation. "Just let my statement stand," he said. Judge Landis said he had mailed his resignation today addressing it to President Harding personally. Serves 17 Years Judge Landis will have virtually completed 17 years as judge for the northern district of Illinois when his resignation becomes effective. Rumors of the resignation have been current for months and intimate friends have known for some time that the action was imminent. It has been generally understood that Judge Landis would have resigned some time ago but for the at tacks made on him by Senator Dial of South Carolina and the notoriety brought through his handling of the case of Willie Dalton, 17year-old bank robber. On the verge of resigning when these things came up the judge changed his plans, informing friends that he "would never resign under fire." Senator Dial had attacked the judge because of the latter's statement that bank officials sometimes, were partly responsible for robberies by boys because they did not pay adequate salaries. Senator Dial and Representative Welty of Ohio later proPos?d impeachment proceedings against the judge, the representative basing his case on the holding of two positions by the judge. Both cases were dropped. Agrees on Salary. The judge became head of organized baseball . shortly after the grand.. jury investigation into the 1919 world series scandal. He was offered $50,000 a year to take the position and after several refusals,, finally agreed under condition that he remain on the bench. He insisted that his salary he only $42,500, explaining that his judicial income would bring the total of $50,000. , Although 56 years old. Judge Landis has always been known as a boy at heart and a lover of all forms of sport. The baseball magnates urged him to reorganize basball "for the sake of the American boy," and it was this plea which finally won over the jurist. " . " - The resignation of Judge Landis takes from the federal bench one of the most feared and at the same timp the most respected judges In the country. His unique conduct in court. where he frequently took the cases out of the lawyers' hands and took over the examination of witnesses himself, caused him to be feared by all lawbreakers. At the same time, his reputation of administering justice regardless of the technicalities of the law, brought him universal respect. WASHINGTON, Feb. 18. President Harding learned of the resignation of Federal Judge Landis through press dispatches from Chicago. White House officials said the formal resignation of the noted judge had not been re-' ceived at the WTiite House. WHITE HOUSE THINKS "FROZEN CREDITS" ARE NEARLY THAWED OUT (By Associated Press) . WASHINGTON, Feb. 18. Viewed in a statement issued by the -White House as showing the "most satisfactory turn in the financial affairs of the country" since the conclusion of 1919. an analysis of the Dec. 31 bank call issued by Comptroller of the Currency Crissinger records the total resources of the National banks on that date exclusive of rediscounts, at $19,420,000.000. This was an increase of $496,0000,000 over the previous can m September. Describing the condition of the National banks as "very satisfactory" Comptroller Crissinger, in his statement last night " called attention to the fact that until the latter month their resources had shown a more or less steady decline from the peak of $22,711,000,000 in December 1919. - The condition shown in the December call, the statement Issued at the White House said, ""demonstrates that the process of liquidation has been pyceelinK t SUCQ an --'excellent rate that it may fairly be said that ire are well on the read to getting the 'frozen credits' thawed out."
