Richmond Palladium (Daily), Volume 92, Number 42, 18 February 1922 — Page 12

PAGE FOURTEEN

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, 1ND., SATURDAY, FEB. 18, 1922.

SPHTPHP.Ffl Tfl QTATF Co,t of Living Falls

v"'.'r "I?. " United Kingdom

rnlbUHrUnUAnnilHu CONGEALED WEAPONS

EATON. Ohio, Feb. IS. George O. Pates, alias James E. Powell, Chattanooga, Term., will serve not less than Ivn vpin nnr mnrft thin three

years In the state prison at Columbus i 1921

for carrying concealed weapons.' He pleaded guilty to the charge Friday in common pleas court and Judge Abel Ilisinger imposed sentence. Sheriff Jones expected to take Bates to the slate prison today. ' Hates was to have gone on trial Friday. Indicted in January, Bates entered a plea of not guilty when arraigned. Upon the. eve of his trial yesterday he changed hi3 plea to guilty and received sentence. Bates Was arrested Dec. 21 on suspicion, following detection by officials of a bank at Eldorado that he was not a bank inspector. His arrest was effected as he was passing through Eaton in an automobile, and an automatic gun and other incriminating evidence were found on him and in the car. Educators Speak. Eighth annual meeting of the several school boards of Preble county, held here Saturday, was addressed by C. B. Ulery, state department of eduration, and 1 J. Bennett, head of the district schools of Miami county. Both addresses were along lines of general school work. Several local people addressed the meeting, including County Agricultural Acent E. I). Turner, who spoke on "Club Work With Our Boys and Girls;" Assistant County School Superintendent L. F. Schleser, who spoke on "The School Attendance Law," County Health Nurse Miss Mary Ewalt, "The Health of Our Children;" Frank Blackford, Eldorado, "Some Observations;" A. H. Morton, county .school board member. "Importance of Having Responsible Persons as Drivers of School Vans."

The meeting concluded with round-

LONDQN, Feb. 18. The cost of liv-i Ing in the United Kingdom continues'

to fall The decline lastmontn wa, four points, the present level being. 88 per cent above the pre-war figure. The drop is mainly due to reduction of food prices. There has been a continuous de

cline since November, 1920, apart from a slight interruption in the summer of

The Farm and the Farmer

By William R. Sanborn

COMPLETE MASTERY OF VIOLONCELLO IS SHOWN BY SOLOIST

If any of us have been inclined to look at the five great packing concerns as being controlled by five big men, and essentially as the property of five families, from grandfathers to

grandsons, the following excerpt from the Swift Company's Year Book, for 1922, will most effectually remove that impression. In his addiess to the shareholders President Louis F. Swift said: "Swift and company now has over 45,000 shareholders of record, nearly 17,000 of whom are employes who are paying for stock on the installment plan. Our employes now own about $24,000,000 of Swift and company's stock. It is interesting to note that

Rv CHARLES K. ROBINSON '.or our 4o,uuu snarenoiaers, over n.uuv

Charming her audience from the I are women There are few other cor- .. , ,,. i porations in the United States whose first number, Miss era Poppe, Eng- mor6 widely held lish violin-cellist, continued the spell And then Mr gwift proceeds to

demonstrate what happened to the Swift interests in 1921. He states that: "Our sales during the past year were a little over $800,000,000. Although this represents a reduction in dollars from the previous year, our actual volume in hundredweight has not fallen off as much as our sales expressed in dollars would indicate. Our decrease in tonnage was only about six percent." , The Swift Year Book is a more than usually interesting document this year. It relates and in comparison covers the re-adjustment period, months strewn with falling prices and the wreck of profits, in a hundred lines. Hard Blow to Producers With relation to this, and the effect upon the farmer, Mr. Swift says: "The decline in live stock prices has necessarily been a hard blow to producers. This I deeply regret, both because of

my feeling for them personally and also because of the discouragement to live stock production. We believe the

throughout a pleasing and difficult program, and gave Richmond and Earlham music lovers one of the reats of the year in the Earlham chapel Friday evening aa the second number of the Earlham artist series. Miss Iona Burrows accompanied at the piano. Miss Poppe gave evidence that she is a true artist not only by her technique and skill, which were superb, but by her simple and direct personality. Before playing the selections she explained to the audience her interpretation of the theme in an interesting way.

The artist's complete mastery of the instrument was easily seen from the sharpest strokes of the staccato to the more sustained efforts of the legato

music, the continuity and variety of

shading being particularly pleasing. She brought out the sonorous tonal quality of the cello in all of her renditions.

Meets Artists

iiscal year of the corporation, which ended on Nov. 5, Mr. Swift discusses

current events in the trade up to the end of 1921. He further harks back

to the restrictive legislation enacted at Washington, and remarks: "Although we are of course still opposed to the principle of government regulation of private industry, we are glad that the law as finally passed, is much less drastic than laws that had been previously proposed. The law provides for the general supervision of the packing industry under the secretary of agriculture, and also for a minute regulation of stockyards. We are glad to say that Secretary Wallace, in announcing his policy and in building up p.n organization for car rying out the law, has shown that he intends to administer it in a constructive manner, for the benefit of the entire live stock and meat indus

try. Swift and company will be glad to co-operate in every constructive way to make the law successful." Our readers will recall the continuous agitation for legislation to control the packers, and to take over, or to make them dispose or all their interests in stock, yards all over the country. All of this has culminated in the "Packers and Stock Yards Act," adoDted into law, on Aug. 15, 1921.

Inasmuch as the packers are largely responsible for the growth of these great live stock concentrating centers

and as thev are the ones who most

Miss Burrows at the piano also con-1 present price of live stock and the

tributed to the success of the evening

with her efficient playing as accom

table discussion oi a list oi topics oi ; paniat. Many of the audience rewide range relating to public schools. , mained after the program to meet the

Sues For Damages

Alleging she suffered a broken coll;ir bone and other bodily injuries when struck by an automobile driven by J. H. Markey, Corinthia Littereal has filed suit in common pleas court asalnst Markey for $5,085 damages. The plaintiff avers the accident happened on the Eaton and State Line road, wcft of Eaton, on Sept. 9, 1921, nd that it was due to carelessness on the part of the defendant. Court Proceedings. Common pleas court of Preble county: William James versus R. L. and E. J. Bierly. Plaintiff awarded judgment lor $428.45 on a note. Preble County National bank versus j'. I. Holmes and others. Bank awarded judgment for $739.87 on a note. O. W. Long versus William James and C. Y. Wieland. Case settled and dismissed. A note representing $356 was involved. II. A. and F. C. Swisher, as Swisher Realty company, Dayton, versus S. S. Black. Motion by plaintiffs for a new trial overruled. Case taken to court of appeals on error. The sum of $480 is involved, plaintiffs claiming the amount as a commission on a farm sale. A common pleas jury rendered a verdict in favor of Black.

Pictures printed in dots, on ihe Braille system, are the latest innovation for assisting the blind. ! FOR GOOD COAL I I Just Call 1

J. H. MENKE I 162-168 Ft. Wayne Ave., Phone 2662 n r ttintntiHliiliiifiHiiiftmitMiiuiiiMmHiiHiiimnsiHiiiMHiMminiiiHiiiiiiiHiniM

artists at a reception held by Professor Garton, and Miss Burrows favored them with a number of pleasing

piano selections. The program was rendered as announced, with the exception of the last two numbers. Here "A Hungarian Rhapsodie" and "Gevotte." by Popper, were substituted for the selections on the program. Three encore numbers were given by the artists, all of which proved popular. The first was Beethoven's "Minuet," the second "Carry Me Back to Old Virginia," and lastly "Danse des Sylves," by Sauter. . The Earlham artists series is arranged by Professor Samuel Garton, head of the Earlham music department, and is becoming increasingly popular both at Earlham and in Richmond.

shareholders that,' while the directors j regret 'that they do not submit a better report of the earnings of the year, there is reason to be grateful that we have passed through the trying ordeal. The decline in our inventory prices during the last two years has

i been by far the most severe ever ex

perienced. This is followed by a statement that during the prosperous yeara of the war they had "appropriated large amounts of surplus to maintain the company in sound financial condition, enabling us, although in 1921 there

was a loss of $20,000,000 in inventory

values, to continue the payment of

regular dividends." The Cost of Live Stock The Swift report makes a comparative analysis of average costs of live stock for six years, 1914 to 1921 inclusive, omitting 1916 and 1917. The "average" cost of cattle for the year 1914 is given at $7.06 and In 1921 is placed at $6.70. Hogs averaged $8.21 In 1914 and $9.16 last year. Sheep and lambs are priced under the same head and these in combination cost $6.82 in 1914 against an average cost of $8.57 in 1921. Compare these fig

ures with those given for 1919, when the average cost of cattle for the entire year was $11.04; of hogs, $18.21 and of sheep and lambs, $14.27. The , tables of selling prices of dressed beef in four cities, New York, Phila-; delphia, Washington and -Chicago, showed corresponding variations in j the different years. Ah interesting Booklet j The Swift year book for 1922 is a! most informative document and its I

numerous charts and graphs are very illuminating to all who will give them j

let will be sent free to those so requesting and we feel that many readers of this brief review would be interested In looking over that compndium of the live stock and dressed meat business, representative In a broad way of the entire live stock industry. The transition from war time regulations to personal direction, and the efforts made to harmonize labor and management on the vital question of wages and costs of Droductlon. is a

ChaDter which should not he overJ!

looked.

The Swift balance sheet, of Nov. 5. 1921, showed assets amounting to $361,843,866.

PEOPLE LACK OBJECTIVE i CLEVELAND, Ohio, Feb. 18. Speaking before the Industrial association of Cleveland, G. O. Frampton of Toledo university declared that 90 per cent of us "have no definite objec- f tive in life." "Before anyone can succeed," he said, "he must see that the. world is a workshop where men are working to secure all the things necessary for health, peace and happiness."

BAND INSTRUMENTS

Opp. Post Office

Phone 1655

price of corn allow a reasonable profit basis for the feeders in the fattening

of cattle, sheep and hogs. We want to see the producers prosperous and are glad to co-operate with them in

every possible way to bring about more orderly marketing of live stock and greater stability in the industry." Surely no member of the committee

or mieen, nor any member or any farm body, can object to this frank statement from the president of a concern which paid out $312,000,000 during their "fiscal year" ending Nov. 5, 1921. Exclusive of Sundays and legal1 holidays this averages a fraction over" $1,000,000 per market day. Although the balance sheet spread before the stockholders is for the

use th;mandThohVe" invited mil: study. We understand that this booki -u-4 Vitn o n A q A i a rfn r i

to these ereat enclosures, we nave s

never personally been able to justify the claim that they are not entitled to own stock in such institutions. The constructive efforts and the demands of the packers have brought the stock yards of the country to their present state of time and labor-saving efficiency. This is beyond controversy. It stands out as a self-evident fact In explaining the tremendous losses for the year 1921, Mr. Swift tells the

Mrs. Robert L. Gerry not only owns a string of race horses, but is a reg

ular devotee, of the sport and never misses an opportunity of attending a race meet.

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PRICE'S OYSTERS j Always Fresh 1 Order Them From Your Grocer

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Special Sunday Chicken Din-

ner, 50 cents 1 I Henry Farwig & Son ! 1 1031 Main St. nullum iMMMiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitniiiiimiiiiiiiiiiiiiiniiim.iiiiiiiiMiir

Thistlethvaite's The Original Cut-Rate E VERY-DAY PRICES in Effect at All 7 Stores

30c Grove's Bromo O J Quinine . ; .w4i:C 30c Hill's Cascara 00 Quinine 35c Pape's Cold OA. Compound LiUK, ALL SCRAP TOBACCO, 25(

-for

Better Health

Drink more milk. Your doctor will tell you that milk is the healthiest beverage you and your family can drink but it must be pure. Careful supervision of each Btep from the cow to you insures the purity of our Milk and Cream. Phone 1531 and our wagon will stop at your home. KRAMER BROS. DAIRY

iiniifniiMtiiniiiiiiniiMHfiiiiiiiiiiiitiiiiiiiiiitiiiiiiiiiiiiiiiiitiiHimmniTlftiiT-' S Tippecanoe Kitchen Cabinets. New prices effective Feb. 1. Come in 1 and see them. 1

itHUiiminuimuimiiniHiHiiiiiiiiiitiuiiiiiuuiiiitnuHHiinHmtiiiiuiiiiffiMiiii

iiiiiNiiiiiiiiHiMiiMMiiiitiiniiuiininiiHtHinunmHiiiiiniiiniiiitiiMitntiMinMm Full-O-Pep Poultry Feeds f OMER G. WHELAN I The Feed Man 1 31-33 S. 6th St.' Phone 1679 HiiHiiimimMiiiiiiintiiuiiiiiiHiiiHiniituiiMiiinnMiiiiiiHiiMtmiUHiiiiiMMHHiitl

Prudent! Loan & Investment Co,

20 South Eighth MONEY TO LOAN EASY TERMS Weekly or Monthly Payments On Real Estate, Approved Chattels, First and Second Mortgages Notes Discounted Office Hours: 8 A. M. to 5 P. M. Saturday Night: 7 to 8:30 P. M. '

J Tax Exempt Real Estate Preferred Interest rates arc decreasing rapidly. This is an exceptional opportunity to invest in a sound real estate preferred stock netting 7. This high yield may never again be obtainable on this class of security. Call or Phone PAUL L. ROSS 310 Second National Bank Bldg. Richmond, Indiana Res. Phone 3717 Office Phone 2038 TfcANKERS INVESTMENT COMPANY

int.

1 Securities For fl

JLFanks Andividuals Vf

orporations

INDIANAPOLIS, INDIANA

FACTS ONLY

TRUTH ALWAYS

At Feltman's

For MenBrown Calfskin Oxford

Brogue Last Blucher, wing t i p with bevel sole and heel

Don't Fail to At

tend the Corn Show at the Coliseum. Feb. 2 0 and 21.

Feltman's Shoe Store. The World's Largest Shoe Dealers 35 Stores 724 Main Street

KUS'BmJM'S

For the Younger Girl For the Business Woman For Travel or Shopping

For

"That Well Dressed

Look"

fit m

Nothing can equal a Wooltex Knockabout in Homespuns, Tweeds, Sportspuns

1750

..to..

Knockabouts are to be "all the rage" this season, so style prophets tell us. You'll understand why after looking at the many interesting styles we have for you. In fact, you'll go a step further and resolve then and there to join the ranks of Knockabout wearers The longer coat opening is a noticeable feature of these new suits, giving a long, graceful collar line. The tuexdo collar, too. is a favorite. Many of the styles are so designed as to be worn either belted or unbelted. The fabrics are unusually attractive; tweeds, homespuns, sportspuns, in browns, tans, dark and light blues; interesting mixtures and for-the younger girl bright rose and lavender hues.

Lee B. Nusbaum Co. NUSBAUM BUILDING

II V

Knollenber's

Spring Showing of New Cottons

Here is tangible evidence that Spring is near at hand, and yards upon yards of new fabrics are ready to be transformed into the season's smartest "creations."

LINEN CRASH SUITINGS Leather. Orange, Green, Copen, Rose; suitable for Suits and Jumper Dresses; 36 inches wide. Price, per yard. $1.00. NEW SPRING FRENCH RATINES In Biscuit, Mode, Brown, King's Blue, Copcn, Rose and Water Green ; SG inches wide. Per yard, $1.00. PEACH CLOTH and PROMENADE SUITINGS All colors, 36 inches wide. Price, per yard, 43c. . ST. GALL DOTTED SWISSES Beautiful Spring material; Copen, Orange, Navy, Rose, Black, American Eeauty; 32 inches wide. Per yard, $1.50. PRINTED BATISTEJ Small, neat designs, 30 inches wide. Price per yard, 25c. IRISH DIMITIES In Dresden patterns and other small designs, 36 inches wide. Per yard, 75c. FINE IMPORTED VOILES Splendid quality, dark voiles, embroidered coin spots, 40 inches wide. Per yard, $1.50. NEW SPRING GINGHAMS Scotch Zephyr, French Ginghams, Lorraine Egyptian Tissues, Gaze Marvels, Flaxon Tissues, English Tissues, in stripes, checks, plaids and plain colors ; beautiful assortment of patterns, 32 inches wide. Per' yard, 75c. BEAUTIFUL EMBROIDERED TISSUESIn Brown, Red, Copen, Navy, Black, Orchid and Rose ; 36 inches wide. Yard, $1.00.

GettTfKnoll

t -irii.w. j r n .! fair. v.TiT. :

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(Second Floor Annex)