Richmond Palladium (Daily), Volume 92, Number 135, 7 June 1922 — Page 2
, I PAGE -TWO-
THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., WEDNESDAY, JUNE 7,' 1922.
WEBSTER TOWNSHIP. CLUB IS ORGANIZED ; BY SIXTEEN GIRLS
WEBSTER, Ind., June 7. A girla" club, the first to be formed in the county under the encouragement of the farm bureau, has been organized in Webster township with 16 members end a probability of more at the next meeting, which will be held Wednesday, June 14.
A trip to the Purdue Round-up for
club members next spring has been offered by the Webster farm bureau
as a prize to the girl in the club who
wins first place. Mrs. Delbert Jay, of Webster township, will act as club leader, with Mrs, Walter Beeson as assistant club lead
er. Both "leaders are enthusiastic
members of the township unit of the farm bureau, the Webster organiza
tion being one of the few in the coun-
ty which encourages enrollment of
women as members. It la thmiic-h th
Influence of the women members that
the girls' club work has been started
and the Webster club organized.
A formal organization, with officers
and. regular meeting dates set for
every second Wednesday, has been! completed. The officers and members of the club are as follow: Margaret'
Crowe, president; Helen Hunt, secretary; Esther Duke, Mildred WilcoxenJ Lillian Fussner, Marie Athison, Dora Weber, Irma Lamb, June Jarrett, Frances Worley, Elizabeth Arleas, Olive Williams, Helen Williams, Dorene Bond, Loretta Weadick and Margaret Weadick. The last two were members of the pig club last yeaiylsut have abandoned it for a more distinctively feminine activity this year. Discussion, with instruction as to the best methods to use in completing club projects, will form the program of the fortnightly meetings. So far as known, the only girls' club which antedates this one Is the one which completed work last year in New Garden township under the supervision of the women's club at Fountain City.
c m ii to feb nc not WH
RAIL TRAFFIC GROWS DESPITE COAL STRIKE
NUMBER OF CARS LOADED GAINING WEEKLY
M 29 - 6 13 ZO I
MK AT twt fW wrl
650
a m ii to u i d io ir FEB MOJ nOI tVH MH APR APR APR
h-i
us y-NH t t s XLeCOL STRIKE m 1 BEG H W tOS f. V 4fl Wf X fM ns.-L 1 y lis TW-i 1 TW u&j- -US ISO V -J- -fjc US 4 C - -TJ5
rtnfi I I 1 wri if l ) i i i i l 1700
FREIGHT CAR LOADINGS BY WEEKS
Wy20:792.459 APR29:T5fi.28& APR8: 714,265 HCH 18: 823. 349 - ITT7.359 2ari4.0M - 1:627.011 II: 62 128 f 6:755.749 - 15:704.713 WH W: 846.035 - 4:603,255 COPvaifeHT 97Z 6"r SCIENCE SERVICE. WASHINGTON OX.
Shall Finance Corporation Stay? By FREDERIC J. HASK1N
WASHINGTON', D. C, June 7. Once again the fate of the War Finance Corporation, .one of the great-
Much credit actually wai given, hut
it was worked on bankers' accept
ances through the Federal Reeerve
Bank in a maimer whirh did not ra-
est business institutions ever organ-.quire the good 0fficeB 0f the War Fi-
METHODIST BISHOPS TO ATTEND MEETING
(By Associated Press) INDIANAPOLIS, June 7. Bishops from 21 areas of the United States and at least six from foreign countries are expected to attend the semi-annual meeting of bishops of the Methodist Episcopal church in Indianapolis June 21 to 26, according to Dr. F. D. Leete, bishop of Indianapolis area. The meeting will be for the purpose of fixing the dates of the annual conferences and fall meetings, according to Bishop Leete. The naming of the ibishops who will preside at the sessions also will be determined, he said. There are approximately 140 meetings annually in the United States, and most of them are held in the fall, according to the bishop. The general question of denominational policies and board actions will be other business to be considered. The meetings will be executive, it was said. A public reception, however, has been planned for the night of June 21.
ized, is dependent upon the view which Congress entertains of its usefulness. This experiment of the Gov ernment in the business of direct financing of citizens has been eubjeci several times since its organization either to change of purpose or the change of complete abandonment. . The War Finance Corporation is one of the biggest banks in the world, and it is conducted by the Government of the United States. It has a capital of $500,000,000 in Government funds, and authority to issue bonds to vast amounts.
The original act creating the Corporation was approved April 5, 1918. This was entirely a war measure. It wilt be recalled that when the United
nance Corporation. But that is another story, which, if followed, would open a discussion of the whole postwar boom and the subsequent price recession. At any rate, little export financing was done by the Corporation and, the war being over, there was no more of the war aid financing to be done. The business of the Corporation sagged. In fact In May, 1920, the Board of
Directors of the Corporation of which;
Secretary of the Treasury Houston then was Chairman, adopted a resolution suspending activities. No new loans were made; the Corporation's offices merely collected payments on the loans outstanding.
That summer came the heavy fall
during Federal control. When It ap-j
peared that the railroads were to dire
need of funds, following their return i
to their owners, the War Finance
Corporation arranged to sell these se
curities to the public, thus raising
fund3 to advance to the railroads.
A brief summary will show how
much money this great Government
bank has advanced to different groups of the American people: Advances made to May 13 to finance exports have amounted to $50,250,120. Of this sum $33,572,373 has gone to aid cotton eiDorts. and $5,209,810 for rrain.
Other commodities exported under! this assistance include tobacco, cann-l
ed fruits, meat products, condensed milk, textiles, sheet steel, copper, sugar mill machinery, agricultural machinery, railroad equipment and lumber. Advances for the relief of agricultural and livestock interests from August 24, 1921, when this activity was authorized, to May 13, the latest date for which figures have been compiled, aggregate $297,684,133. This financing includes cotton, grain, livestock, sugar beets, rice, canned fruits, dried fruits, peanuts, tobacco and general agricultural purposes. Much of this assist
ance was advanced through coopera
tive fanning associations. Advances made to banking and financing institutions amounted to $239,161,914, and that portion made through the cooperatives to $53,522,219.. Of all these advances, whether to banks, cooperatives, or exports, $347.934,253 has been in aid of the agri
cultural industry, and this vast suml has been lent in a period when farmrj or. ImmA Aiff lriiltloc In orAttlne. qt1t !
credit through other sources. In con-j sequence, the farmers of .the country i are strongly opposed to a curtailment!
of the functions of the Corporation.
RADIO PROGRAM
toek
Wednesday, Jane T. RICHMOND WOZ Dally, except Samday 13iOO m., grain and live markets. 4:00-5:00 n. m romnlete
mary of grain, live stock and produce markets, ronacial - program and weather reports. i30-TiOO p. m., topics of the day, after dinner stories, today's talk. Baseball results and special musical program. INDIANAPOLIS W l.K Daily. 1 1 rOO-11 :3f a. m- mimical prog-ram. 11:30 a. m.. weather reports and weather forecast 4S5 meters!. 12iOO-13i30 p. m.. musleal program. 3iOO-2tlR p. m., musleal program. 3 i(K)-8 il5 p. m., mimical program. BiOO p. in., baaeball results. Ki30 p. m-. musical program. 10:00 p. m time and weather reports (4S5 meters). I.VDIAXAPOI.IS WOI1 Dally. 10sOO-ll lOO a. m., mualcal program, market reports. IiOO-SiOO p. m., mualcal prograir and market reports. ' 4:00-5iOO p. m.. baseball results, mualcal program. j CHICAGO (central daylight saving time) 8:00 to 9:00 p. m-, musical program. B:0O p. m- news and sports. SCHENECTADY (X. V.) teasteru time) t 7iOO p. m., market quotations and weather reports. 7:4.1 p. m.. musical program. PrriSBlRC (eastern time) 6:00-0:00 p. in., address and musical program. OiOO p. ni., news and sports (Vnlted Press). BtKS p. m., Arlington time signals. NEWARK J.) (eastern daylight saving time) 7:00 p. ni children's stories. 10:52 p. m.. Arlington time signals. DETROIT (MICH.) (eastern time) . 7:00 p. m., musical program.
i pleasant evening was spent, with conj tinuous music, many fine numbers be,lng rendered.
FAIR HAVEN. Ohio. Lawrence
I Ramsey returned home Saturday after j being in Christ's hospital, Cincinnati, jnlne weeks. Mrs. Lee Ramsey and iNeil Ramsey accompanied him home. .Mr. Ramsey improves very slowly.... Mr. and Mrs. Oscar Humbert spent Sunday with Mr. and Mrs. Clarence ' Brown. . . .Mr. and Mrs. Lester Heavenridge and family spent Sunday with Mr. and Mrs. James ' Heavenridge. .. . : Mr. and Mrs. Clifford Doty and family !of Camden spent Sunday with Mr. and ,Mrs. Sherman Craig Robert New- ! ton is in Columbus taking an examination for an undertaker. .. .Mrs. Ella I Austin and son Charles were in Eaton
Sunday and attended the funeral of
Mrs. Kate Keltner The Young People's class of the Quaker church met at the home of Enoch Buchanan Wednesday evening and at the home of
Frank Edmondson Friday evening. They are practicing for "Children's Day" exercises Charles 'Philpott and family entertained company from Cincinnati Sunday Tom Girton of Camden spent Sunday with his daughter, Mrs. John Earhart. . .Mr. and Mrs. David Kenworthy spent Thursday with their son, Omer Kenworthy, and family Mr. and Mrs. Myrl Heavenridge spent Sunday with Mr. and Mrs. Ellis White and daughter Grace
jMr .and Mrs. Ace Morrow of Camden
spent Tuesday at the hpme of Lester Heavenridge Mr. and Mrs. Elmer
Suburban
States entered the war, the Treasury in prjCeg particularly in prices of
onerea me iiDerty juoans wnicn aD
LIBERTY, Ind. Mrs. Clair Jobo came Sunday to spend the week with her parents Mr. and Mrs. J. M. Freeman Mr. and Mrs. S. L. Martin spent "Monday picnicking along the river.. .. .Ray Connor returned to Cincinnati Sunday evening after spending the week-end with his family here.. ... .Mrs. Fred Max entertained the members of Tuesday club at her home Wednesday evening. Mr3. Charles Little and Mrs. W. G. Bossert
sorbed so much of the people's money htation -was started to revive the War
that private corporations sometimes Fmance Corporation to help the farm-
naa aimcuuy ln geiuug enouga lunus er3 because people had achieved the
habit of thinking this great Govern-
f rTre?H,w- Tn til a,rT.,rnn n atr received the club prizes of linen handfarm products. In the autumn an ag- ,(,1, . t r
G. Mitchell and Mrs. Garrett Pigman received guest favors. The club
Influence of Teachers Sends 480 to I. U. (By Associated Press) BLOOMINGTON, Ind., June 7. Teachers were the compelling force
that brought 480 students to Indiana j the corporation. One of the first ad-
them going. The Government recognized that this was injurious, so this Corporation was authorized to make loans to enterprises of almost any character which were engaged upon work tending to assist in the prosecution of the war. Some of the companies making war material were in financial difficulties and loans were made to them. Street car companies which carried employees in munition factories to and from their work were eligible to receive aid. Many other companies, some of them seemingly remotely connected with the prosecution of war, were found to be performing some duties which helped the cause and therefore received loans. Coupled with this function, the War Finance Corporation Act gave to the Capital Issues Committee, which it created, the authority to suppress the issue of blue sky stocks and bonds, that Is securities of a doubtful value, in order that funds bo conserved for Investment in Government bond3 and legitimate private enterprises. Help for Cattlemen As the war developed, it was found
desirable to expand the functions of
ment bank could be turned to almost any purpose. There were many who opposed the revival, declaring that it was time the Government got out of business. After a spirited contest, the Corporation was revived by congressional action, and proceeded to make loans to stimulate exports. It had been urged that if exports of farm products could be stimulated, prices of thesa goods would rise and the American farmer would be relieved. Then In August, 1921, the Corporation's organic act again was amended to permit it to make advances on ag:
guests were Mrs. W. P. Kennedy, Mrs. F. T. Dubois, Mrs. Garret Pigman, Mrs. C. G. Mitchell, Mrs, Harry Friedman, Mrs. R. M. Duvall, and Mlas Corinne Wray of Oxford The annual basket dinner and home coming will be held at Hannan's Creek church Sunday, June 11. This day is one that is looked- forward to as a great time for renewing old acquaintances and mingling with neighbors and relatives. There will be three services that day, Sunday school and Bible study at 9:30, preaching services at 10:30 by Pastor, Rev. Max Shafer, of Munsie, also preaching in the evening. Everybody most cordially
OHIO COUNTY FARM BUREAU MOVEMENT OBSERVES BIRTHDAY
COLUMBUS, Ohio, June 7. The county farm bureau movement In Ohio is 10 years old this month. Portage county has the honor of having formed th first organization for business and hired a paid county agent to look after its interests. From this start, the idea has spread, with, some changes in the type of organization, until there is now a voluntary organization of farmers into & farm bureau in every county in Ohio, with a paid county agent. During this period, these county organizations have" federated into a state organization, the Ohio Farm Bureau Federation, which had a membership of more than 100,000 farmers in Ohio the first of this year. In Portage county the first organization was formed primarily to get better roads for the farmer. Later organizations, however, cbmbined & number of ideas and projects which came primarily through the extension work of Ohio State University. This extension work started largely in agricultural education work, through schools and boys' and girls' clubs. Demonstration trains, operated jointly by the
railroads and the extension depart-
Van Skiver of Camden spent Sunday i ment of the university also played an
afternoon at their farm Mr. and t important part. Mrs. J. M. Heavenridge spent Tuesdav! It was found that this work could
afternoon at the home of their son,
Myrl Heavenridge.
ricultural products, whether or not j llt come and bring a well they were for export. The Corpora- filled basket.. Mrs Sarah C ark of -ii.v..,..,,.. near Cottage Grove is very ill and
University this year, according to Registrar John W. Cravens. Mr. Cravens
recently issued a questionnaire in an effort to learn just what brought students to Indiana university. Replies were various, Mr. Cravens said, eight co-eds attributed their presence to "due" or "undue" influence of husbands. "Friends" are credited with obtaining 465 students for the university 251 men and 214 women. Two hundred and sixty four women, looking back . through the
tangled memories of "prep" days, re
ditional powers it was given was to make loans to cattlemen on their
stock. It was shown that many cattlemen were killing off their stock because they could not get enough money from the banks to carry them over the winter. It was recognized that the country must have food, and that it would be a national calamity to permit the stockmen to kill their immature stock for lack of financing. Immediately after the Armistice,
there was a general belief that the ex
called that they received the urge toPOs from the United States, which . . i . .. hart reaction n nip-n tino niirinc tnt
attend Indiana from teachers who
preached the gospel of "Lux et Veritas." Two hundred men admitted that they singled out the school for the securing of higher learning through the , advice of teachers. Indiana boasts of 121 sons and daughters of alumni, who came to the school because of that fact. In addition, 108 students said they came because their fathers or mothers were at some time undergraduates at the university. Parents and relatives influenced 283 students to seek a college degree here, the statistics show.
, When a fire occurs in Chile the owner or occupant of the burned building Is immediately arrested and made to prove that he is not guilty of having f et or instigated the fire.
committees ramifying the entire coun
try. Each committee was, in effect, a local agent for the great Government bank at Washington. A farmer, needing credit, would borrow from his local bank. The local bank would turn the note over to the committee which would forward it to Washington to the Corporation. The Corporation would advance money against it. Of course, not every note made by a farmer would fit the requirements of the law and regulations.
The farmer actually got his money
from his local bank but it, in many;
little hope of her recovery is held Mrs. Isaac Druley and Mrs. Melvln Johnson, two well known ladies of South street are in a Berious condition at their homes..... J. L. Rude has returned from an extended business trip through the east Mr. and Mrs. Thomas Casey and Mr. and Mrs. George Smith entertained Elijah Loler, Phillip Eikenberry and Erastus Winter all Civil War veterans, to dinner Sunday Mrs. B. M. Grove en
tertained at bridge in courtesy of her
house guest Mrs. Ed Grove of Patas
Mrs. F. T. Dubois, Mrs. C. G. Mitchell, Mrs. W. P. Kennedy, Mrs. H. Voorhes, Mrs. Sam Lambert, and Miss Catherine Morris. HAGERSTOWN, Ind. Earl Walker of Elwood, spent Sunday with Mr. and Mrs. T. S. Walker Mrs. R. B. Worl was hostess to the Woman's History club Monday afternoonr. A son, William Frederick, was born to Mr. and Mrs. Frank Farmer June 2 Mrs. Etta Porter will leave Wednesday for New York City, to spend a few months with her daughter, Miss Esther Porter Rev. Alva Kerr, of Dayton, Ohio, was entertained at dinner, Sunday, at the home of Mrs. Ada Thurston and Mrs. Laura. Gebhart....
Mr. and Mrs.- Moses Keever enter
tained at dinner, Sunday, Mrs. Wm. Stahr, of Marion, Mr. and Mrs. George Jones, Mr. and Mrs. George Thornburgh, Dr. and Mrs. H. J. Weaver and child Children's Day will be observed with a pageant at the Christian church Sunday evening Mr.
and Mrs. W. H. Ward entertained at dinner Sunday at their home north of town, Mrs. Nancy Mosier of Modoc, Mrs. Lucinda Bookout of Losantville, Mrs. Thomas Baldwin and children, Letha Ireta and Harry Lee, and Mrs. Elvertia Baldwin Mr. and Mrs. A. i S. Hindman entertained at their sub
urban home Friday, a number of friends, musicians, as follows: Dr. and Mrs. Walter C. Stephens, Mr. and Mrs. Alfred Kilgore, Mrs. Myrtle Sanders and son Claire, Mr. and Mrs. Walter Hastings, Mr. and Mrs. Stanton Janney, Mr. and Mrs. Armydis Sturdivant, Mr. J. Hager, of Muncie, Mr. J. Albert Bangild, of Halifax, N. S., Mr. and Mrs. J. C. Linn of Connersville, Mrs. O. M. Deardorff and children, Mr. and Mrs. Hollace Hoover, Mr. and Mrs. J. C. Teetor. A two course luncheon was served and a
Alpha Chi Sigma Frat To Hold Convention
be done more efficiently through an
organization in each county, a statement from the Farm Bureau federation says, and this partly was re- , sponsible for the formation of the county- farm bureaus and the employment of county agricultural agents.
The idea went slowly at first, but
(By Associated Press.)
ST. LOUIS, June 7. The seventh there were organizations and county
agents in 10 counties by July. 1915.
biennial convention of the Alpha Chi Sigma fraternity, a professional chemical fraternity, will be held here June 23. 24 and 25. Virtually every section of the country and the majority of large colleges and universities will be represented by delegates at the convention. The fraternity has 33 collegiate chapters and 13 professional groups, and is composed of over 3,000 alumni in the United States and foreign countries. It was founded at the Univer
sity of Wisconsin Dec. 11, 1902. The Mu Phi Epsilon sorority also will hold a meeting here June 19 to 24. The sorority was formed to further music.
SureRelief FOR INDIGESTION
Istion))
verier
E
IHDMSTJ0NJ,
25 Qtni3 .
6 Bell-ans Hot water
Sure Relief
LL-A03S
25$ and "5t Packages Everywhere
had reached a high tide during the
war, would drop away to practically nothing. This was regarded as an undesirable development, so steps were taken to stimulate exports. The belief was that if American exporters could extend credit to foreign buyers,
the foreigners would take American! goods in substantial quantities. It wasi
arranged that the American exporter, upon granting credit to the foreigner, could then borrow of the War Finance Corporation which would await payment from abroad. Affairs developed so that the Corporation did very little of this sort of business. A wrong guess had been made. Instead of a need existing for the stimulation of exports, they sprang of their own accord to previ
ously undreamed of proportions.!
! kola, Ohio. The following guests en-
. . . invpn th hnsnltalitv Mrs FM P.rnvo
cases, wouia not lena ir it aia nnr.i-'-- -
know it could pass the note on to!
the Corporation. In this way a largo sum of money has been advanced to
relieve the farmers during the lasti
lu montns. Railroad Securities Purchased Another use the Corporation made of its funds was to purchase, through the Director General of Railroads, securities of American railroads which had been pledged with the Director
General on account of additions and I betterments made by the Government !
PINEAPPLES for canning, each
15c
Clover Leaf Grocery 603 Main Phone 1587
For those who dance and those who don't
Some like a fox-trot. To others a waltz is still the best. Even the one-step has its followers and some don't like to dance at all. What a difference when it comes to drinking Clicquot Club Ginger Ale I They . .-j oil like it.
m
' Cmota Alt i if.
eft
Who shall describe the
STHMA
No cure for it; but welcome
relief is often brought by V V A r o Rues Ooet 17 Million Jan Used Yearly
Wedding Rings in plain or engraved gold, white gold or platinum. 0. E. Dickinson 523 Main St.
( L) Jslmerica'slfome Shoe Polish M -fm.
You'll Enjoy Its Pleasing Taste ZWISSLERS BETSY ROSS BREAD Sold by All Groceries
ZWISSLERS 28 S. 5th St.
Classified Adages
W
HERE there's an ad, there's a
way to save or make money whenever you want to buy or sell anything. Watch the Classified Ads daily, and when you want to use one Phone 2834!
(Copyright 1922, by Basil L. Smith)
for anyone who knows that a trim, tidy and prosperous appearance begins at the feet, and Nwho wants to practice true economy
Fifty Shines for a Dime. Black. Tan. White. Ox-blood and Brown. Always 10c. For convenience and ease, get the SHINOLA Home Set.
A genuine bristle dauber which cleans the. shoes and applies polish quickly and easily.! Large lambs wool polisher brings the shine
We Are Offering the Biggest Values in This City in
Men's
pring Suits
Priced at $20.00 to $35.00 Come see for yourself and be convinced. STRAW HATS For style and quality, youH find no equal to our Straws at $2.00 to $5.00
IX , A taste of it? The only 'true Ji ( description of Clicquot Club
is a drink of Clicquot Club. Clicquot is made with pure spring water. Only real Jamaica ginger is used. The other ingredients sugar and fruit juices are just as pure as can be found. Buy it by the case for the home. Should you desire variety, in addition to Ginger Ale, we make Sarsaparilla, Birch Beer, and Root Beer.
THE CLICQUOT CLUB i COMPANY Mlilis, Mass., U. S. A,
GINGER AI,E,) , i I., VISIT OUR RUG DEP'T at ROMEY'S
We're showing a choice line of pretty new Rugs moderately priced. We invite you to come in and look them over. Our Rugs are priced $19.75, $24.50, $28.50, $32.00, $39.75 upward.
with a tew stroxes.
It's best to satf ;" SHINOLA 920-926 Main Street