Richmond Palladium (Daily), Volume 92, Number 204, 28 August 1922 — Page 6

PAGE SIX

THE RICHMOND PALLADIUM . AND SUN-TELEGRAM Published Every Evening Except Sunday by Palladium Printing Co. Palladium Building. North Ninth and Sailor Streets. Entered at the Post Office at Richmond. Indiana, aa Second-Class Mall Matter.

MEMBER OF THE ASSOCIATE!! PRESS Th Associated Press is exclusively entitled to the use for republication of all news dispatches credUed to it or not otherwise credited In this paper, and also the local news published herein. All rights of republication of special dispatches herein are also reserved.

The Brazilian Centennial

"Secretary Hughes, as the official represen

tative of the United States government, is on his way to the Brazilian centennial exposition," says the Chicago Tribune. "He goes to return the

visit which Dora Pedro, emperor of Brazil, made to the American centennial exposition in 1876.

This is an act of sound diplomacy and wise courtesy. "The relations between the great J5outh

American republic and the great North American republic have . always been friendly. The two countries have much in common. The Brazilian

constitution is patterned after our own, the na tion's sentiments on the Monroe Doctrine are al

most identical with ours, and American thoughts, ideals and purposes are honored and respected there. We were the first nation to recognize the independence of Brazil from Portugal, and the

first to recognize the establishment of the Brazilian republic. ' "The results have been mutually pleasant and profitable. We have in our southern neighbor a commercial friend as well as a political friend. The tropical resources of Brazil complement the resources of our own temperate zone. Both the United States 'and Brazil are in position to expand and profit immensely through this fact. , We need only a closer understanding, closer com

Answers to Questions (Any reader can ret the answer to nnv question by writing: The Palladium Information Bureau, Frederick J. Hask1n, director, Washington, V. C This offer annlies strictlv to inf ormition. The bureau doe3 not grlve advice on letral, i mnaical and financial matters, it does not attempt to settle domestic troubles, nor to undertake exhaustive research on any subject. Write your question plainly and briefly. G:ve full name and address and enclose two cents In stamps for return postage- All replies are sent direct to the inquirer. Q.' How many coal strikes have there been in the "United States? ... , w. o. s. A. It is impossible to state the actual number, for complete and accurate i statistics have never been compiled, and for the further reason that controversies that have been popularlyknown as strikes have not been so characterized by the workers. Probably there has rarely been a time in the last 30 or 40 years when there has not been a conflict between miners and operators somewhere in the coal industry, local, regional or national in size, that might be considered a strike. The most important of these were in the bituminous industry in 1S94 and 1S97. in the anthracite fields in 1900 and 1902-3, in the bituminous mines in 1919 and in both the bituminous and anthracite fields In the present year. The most recent controversy is illustrative of the difference of opinion a3 to what constitutes a strike. The miners contend that they did not strike on April 1, but simply declined to work after their wage and working agreement had expired on March 31 until a new contract had tteen negotiated. Technically speaking they were right in this contention. In the popular mind, however, this upheaval in the coal Industry has been considered, a strike. Q. What is a person called who under the influence of mania bums buildings unconsciously? G. A. A. A nerson who has an insane in clination toward incendiarism Is called a pyromaniac. Q. What is meant by the expression "Barnum was right?" Also "Sherman was right?" S. P. " A. The saying "Barnum was right" has reference to the quotation generally attributed to him "There is a fool born every minute." The expression "Sherman was right" has reference to his saying "War is hell." Q. What is the Chinese game Mah Jongg? D- W- T. A. This game is played with blocks of bamboo faced with ivcry. They resemble our dominoes after a fashion, but the game i3 more like the card game Khun Khan or Rum. After Dinner Stories A New York city official, as the story is going the rounds, was walking through City Hall park with one of his commissioners. As they rassed the statue oi Nathan Hale, who stands with .his hands behind his back, the commissioner said: "Mr. Official, don't you think that statue of Nathan Hale is a beautiful piece of work?" "Hale? Nathan Hale?" said the official in a puzzled tone. "Why, I thought that was a statue of Houdini-" Argus. A child was visiting her aunt with her motlier. At every meal her aunt said grace in the same form, with the same words. To Betty it was getting monotonous. After the fourth meal she turned to her mother and asked: "Mother, is that the only story Aunt Alice knows?" Musings for the Evening WELL MAYBE HE WASN'T Dear Roy While serving on the jury during the entire month of July. district attorney and various lawyers insisted on insulting our foreman. Their opening words in each case were "Foreman and gentlemen of the jury." What do you make of that?" Harry Kirschbaum In naming all the present day candidates for immortalityl as many writers are doing, they all seem to have overlooked Pete Roleum. Liquor has been restored in Russia but it will never ruin that country It Is too late. As to working or loafing, we hope the miners will take their p;ck. About the cheapest auto to own is an autobiography. Cleveland has 110 charitable institutions eupported by a common community fund.

THE

munication, and closer association to bring about such mutual benefits. "Such visits as that of our secretary of state are a logical method of cementing this friendly association. Coming at such a period as the present, when the South American republic is celebrating its one hundredth anniversary as an independent nation, it naturally receives more than ordinary attention. His appearance at the exposition as the representatives of the United States will be one of the features of that celebration. It will be hailed" throughout Brazil, and appreciated by the Brazilian people. "But the good that it may do is not limited by the occasion. A similar opportunity, if not one quite so advantageous, is open at any time in any country with which the United States has commercial or diplomatic relations. This is particularly true of South American countries. .We are properly the friends of all of them. Each

nnp sVinnld be

breaches in our friendship, if they occur, are always the result of misunderstanding. They could be prevented if our associations and

sympathies were closer. They can be made closer by sending our best public men to bring this about, without waiting for such a special

opportunity as is retary Hughes' that purpose. the Argentine observation of cial problems and

results and many good ones. "Closer connections '. between the South American countries and the United States would be incalculably advantageous to all. This appears to us to be a natural and logical way of achieving such connections."

TODAY'S TALK

By George Matthew Adams, Author

NORTHCLIFFE One of the great mind forces and body personalities of the world is removed by the death of Northcliffe, the English editor. - It seems but yesterday that Alfred Harmsworth, the young pubUsher, began his career. And in so doing, startled his own as well as other lands by his unique methods of journalism. For his was an ideaevolving mind, keen, alert, and even young in its enthusiasm and grasp of affairs. No more, inspiring figure, devoted largely to public service, has been presented in the last quarter of a century. Northcliffe always remained a boy in spirit. Young men were one of his hobbies. His vision was that of lingering youth. And his career, cut off at its zenith, remains an example to inspire multitudes, in all lands. Here was a man, too, who was a fighter. Friend or foe were the same to him, when it came to a question of right and conviction. It takes a strong man to bear in silent fortitude the censure of his own country, to believe in a thing so deeply that he could well afford the isolation from friends and native land but Northcliffe was that sort. Let them burn his papers in the public square and he would but press his point with renewed fervor. Northcliffe was a wonderful example of that restless energy that keeps its ideals intact throughout the battle. During the late World War, his was easily the most dominant personality in all England. And it was this man who forced great issues, moulded public opinion, 'made and remade prim? ministers and cabinets and then refused all honors, save those which come naturally from service unselfishly rendered. Enthusiasm, devotion to principles, loyalty to friends, grasp of details, driving power, tha love of doing bi jobs, thoughtfulness in little things, interest in world affairs, uncanny vision, dogged determination these are but a few of the qualities that contributed to the greatness of this man. Hardly past 50 years of age, here was one who had accomplished herculean tasks and these were but the beginning of greater things. H was the owner and publisher of something like a hundred publications, with readers numbering into" the millions. He literally radiated influence. Northcliffe was a sincere friend to America and drew from its example much of his finest idealism. The world shrinks at his loss but remains the richer for his having lived!

Who's Who in the Day's News HENRY MARISON BYLLESBY The United States Distinguished Service Medal has just been presented to Col. H. M. Eyllesby of Chicago in recognition of his services during the war. Tne citation says that, as general p u r c h asing agent o&the American expeditionary force in Great Britain he displayed executive ability of the highest order and "solved many difficult problems of fuel supply with conscpicuous success and in a manner which insured at critical times a plentiful surply of coal both for our and our troop3 in transport service France." Colonel Byllesby is well known as an electrical engineer and in addition to being president of H. M. Byllesby and company, in Chicago, is an officer or director in a score of other electrical and power companies. When the war broke out Byllesby was commissioned a lieutenant colonel and assigned to the headquarters of the chief signal officer in "Washington. Then, in June, 191S, he was sent to England to take charge of the purchasing department. Byllesby was born in Pittsburgh, Feb. 16, 1859. During the early days of Edison's career the Chicagoan was associated with the electrical wizard. Memories or Old Days In This Paper Ten Years Ago Today The city had inaugurated a number of improvements in the outskirts of the town, which were then "he suburbs, especially in laying sidewalks and curbs. No complaints were made against any of the property assessments. Safety First Maxims Smith and Jones raced with each other To pass a point where highways crossed; Screams from children, wife and mother Told them each, that both had lo.sk' Sneaking of seniority, a fraction, of

RICHMOND PALLADIUM AND

our Iriend. '.transient minor now presented by Brazil. Sec trip might well be extended to A friendly diplomatic call upon or Chilean governments, and an their political, social and commer resources, should have no bad of "You Can," "Take It." "Up" Facts About Indiana Dr. Jo?pph Knox was the first white man to make his home in Wells county building between Fort Recovery and Huntington in 1S29. Party politics were unknown in Indiana in the pioneer days. Benjamin Harrison, then president of the United States, attended the laying of the cornerstone of the state soldiers and sailors monument. There are only two lakes in Wills county. They are located in Jackson township. -. The "circuit court of Wells county held its first term at the home of Robert C. Bennett in October, 1S37, near where Eluffton is located. The cornerstone of the State Soldiers .Monument at Indianapolis was laid with impressive ceremonies Aurr. 22, 1889. There was no general law for the incorporation of towns and cities for the first 35 years of the state's existence. Ratllff Boone was acting governor of Indiana from Sept. 12 to Dec. 5, 1822. a second of that stuff on rail crossings has been the undoing of many a motorist. ' One danger we need not worry about is that anybody is going to break his neck hurrying back to work from his vacation! The Brooklyn bridge hadn't slipped an inch before it was noticed, but the carefulness of the average auto driver can slip a mile without him even suspecting it. A few more 25 year sentences and many of these robbers are liable to conclude that the business does not pay so well after all. Some' drivers show a lot of sense and reasoning power by deciding that all rail crossings are dangerous before instead of after they get busted up. Every time we see the account of an auto striking a buggy or wagon at night, we can't help wondering which one didn't have any light a showing. At Kyakhta the dividing line be tween Siberia and Mongolia is a typical Russian town, while a hundred yards away, across the border, Miamachang is a real Chinese village. For a Good Dry Cleaner Phone 1072 GRAHAM - - Suits, $1.23

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No. JM3 TLe Dime and Handkerchief A borrowed dime is wrapped in a liandkerctief. A spectator holds tho dime through the cloth. Suddenly the performer shakes out the handkerchief. The dime has disappeared ! A handkerchief with a broad hem must be used with a dime previously n-.wn in the hem. In placing the borrowed dime in the handkerchief the performer really retains it in his band, but rllows the spectator to feel the dime that is in the hem, which is folded inside the cloth. To make the dime "disappear," the performer simply takes one corner and shakes out the handkerchief. Cesurwht. 1323, by Public Ledger Company Rippling Rhymes Ey Walt Mason TORTURE I have cut out all my laughing, I'm a stranger to delight, for my neigh bor's phonographing, grinding music day and night, and my bitter cup I'm quaffing, and my language is a fright. Once my life was gay and cheerful it held nothing sad or sour, and my map was never tearful, never knew a briny shower; 'twas before I got an ear full of tinned music every hour. I am fond of music stately, be it canned or be it raw; I enjoy the mas ters greatly singing songs without a flaw; but tho stuff Im hearing lately sounds like filing of a saw. For my neighbor's graphophoning, and his records all are punk; they are rattling, shrieking, groaning, and a clinking, clanking clunk; and I'm yearning and I'm honing for a hermit s cave and bunk. Oh, my jazzy neighbor's grind ing evermore a tinny tune; he is wind ing, winding, winding, in the torpid hour of noon; noisy solace he Is find ing by the pale light of the moon. And he leaves his couch to tinker with his jim-blamed music mill; when the eastern skies grow pinker he i3 wrestling with if still, and he hands me, line and sinker, music guaranteed to kill. So my heart is slowly breaking, and I shed a priceless tear, and there seems no use in faking happiness that's not sincere, while my neighbor's mill is waking all the echoes far and near. Lessons in Correct English DON'T SAY More than 20 letters HAS been, re ceived. The team HAVE gone to the field. A SMALL decrease of tariff senti ment is noted. Many things MENACE the country with destruction. This book IS NO GOOD. SAY More than 20 letters HAVETieen re ceived. The team HAS gone to the field. A SLIGHT decrease of tariff senti ment is noted. Many things THREATEN the coun try with destruction. This book IS NOT GOOD. Buffalo Bill, (William F. Cody), in 1S90 originated the Wild West show. liimiiuiutitiiiimiiiiiiiuiiiiitMiiimiiiimiiiiiiiiitimiitinHftiiliiiitiiiitttiititmiil I For Work or Dress King's Odd Trousers I S2 S3 S4 S5 I KING'S, 912 Main ( wiiiiitntiiuaiiiHiinuiiitiiuiiiiiiinmiiiiiuuniiiiiiuniiiiiiiniiiiiiiniinniiiiuiiii Order From Your Grocer Today Creamery Butter Richmond Produce Co., Dist

1ND., MONDAY, AUG. 28, 1922.

When a Feller Needs a Friend

Bankers Go

Big City Financiers Last Year Took Over Merchandise and Sold It to Help Mercantile Conditions.

By FREDERICK J. HASKIN" WASHINGTON, D. C, Aug. 28. Now that the business depression is over and the settlement of the strikes promises to bring the United States back to the path of normal commercial and industrial activity, the experiences of the last two years are being recall ed by business men and financiers with much interest. These experiences are being studied in many aspects for the benefits which they may bring in the meeting of the next business cri sis. One of the curious examples of the by-products of tho two years depression has been the extent to which it has thrust American banks into industrial and commercial activities. A bank is a dealer in money and credit especially in credit. It is not normally .equipped to deal in goods and heartily dislikes to do so. Gold, crisp banknotes and neatly catalogued portfolios of bills, drafts and checks are the things the banker is trained to handle. For this purpose he uses a handsome edifice with such accessories as a gleamrag steel safe and polished brass bars. He is thankful that he does not have to handle gross and unpleasant objects such as the wares of the dealer in fish or pota toes. But the last two years changed things for many bankers. It will be remembered that when the end of the war brought about economic condi tions throughout the world which caused contraction of eredit first in Japan, then in the United States and South America and then m turopa, many merchants and producers and middlemen were caught with hign priced goods on their shelves which they had bought with borrowed money. The fall in prices prevented them from selling at a profit, or even at cost. The unwillingness of. the public longer to pay war prices for anything the economic phenomenon which was known as the buyers' strike and resulted in such manifesta tions as the overall movement pre vented many of them from selling anything at any price. When bankers lend money to mer chants, goods are assigned as the security. In normal time3 it is rare indeed that the security is called for by the bank. In the first place, it usually is worked off on the public and the loan it secured i3 paid. Even in cases of mercantile bankruptcy, the security consisting of goods is juggled around through connections of the bank in some way so that the bank gets cash and the goods are handled by some one else. Bankers Become Merchants, But where business from one end to another of a great country is stagnant and the public will not buy, there is no one who will take the goods readily. This was the condition in which American banks found them selves up to a few months ago. There were thousands of failures of store No One Need Buy Cuticura Before He Tries Free Samples Soap, 0!ntmit. Talcom. 25e. everywhere. Simple free of Ctitlcsra Laboritsrici, Sept. X, XUdaa, but Butter Maid CAKE You'll Like Them Sold at All Groceries ZWISSLER'S Bakery Phone 1654 Restaurant Phone 165S

Into Trade

keepers who owed money to the banks and there was no one on whom the goods securing the loans could be tinloaded. The banks had to take the goods. The story Is told of a fur merchant in Chicago who had borrowed large sums on a stock of furs. He had bought before the price fell, in the expectation of selling in a few weeks and paying his bank loans. The depression came, business fell away to nothing, his notes came due and the bank called him in. He asked the president of the bank for a renewal of his notes. The banker said this was impossible. The fur merchant thought the matter over for a few moments and then said to the banker: "Have you ever been in the fur business?" Of course, the banker answered "No." "Well, you are now," said the bankrupt merchant. And the bank was. The merchant could jiot pay the loans so the bank had to take the security, which was a stock of furs. This has been repeated in all lines of business, and banks in every state have found themselves in actual possession of goods because the notes which the goods secured could not be paid. . The great New York banks have even found it necessary to establish separate merchandising departments and at least one New York banking institution has what almost amounts to a department store, so many kinds of goods has it come into possession of through defaulted loans. It maintains a staff of salesmen to sell shoes, automobiles, hairpins, steam shovels, chemicals and a wide variety of other commodities. A notably curious example of this bank merchandising took place in New York when the depression was at mmm and Fine Arts Music, Dramatic Art, Allied Subje&s. Beautiful Building, Dormitory. Artist Faculty. Accredited by State. Write for 'Btdlttm 1412 North Delaware Street INDIANAPOLIS Yes, You Can Do Better at cjOunin 17 S. 7th St. Farmers Nat'L Grain Assn. (Inc.) Dealers In High Grr.de Coal PHONE 2549 Office Room 302 K. of P. Bldg. We Give 3 per Cent Interest and Personal Interest First National Bank Southwest Corner Ninth and Main BETTER HURRY! Save Monev on Clothing x REMOVAL SALE USE YOUR CREDIT HIRSCH'S 17 North Ninth St.

its worst One of the larger manufacturers of sweet chocolate was forced

by the business eituation into a pc , sition where it could not meet prompt ly a note for some $2,000,000 which was -secured by the product of tho plant When the loan was made, the bank merely named the product as a matter of form. The result was that when the manufacturing company could not pay, this bank found itself in the possession of what to any Amecican small boy would seem the greatest treasure of which the human, mind could dream $2,000,000 worth of savory and succulent sweet chocolate, all done up in tin foil packages of 5 and 10 cent sizes. Unloading Candy , . , On Market " " In the slang of trade, the bank was stuck if ever a bank was. What a bank could do with $2,000,000 worth of sweet chocolate was too much for the staff of competent financiers at the head of the institution. First they turned to the usual channels of trade, the jobbers and wholesalers. There was no market; the stores were not buying chocolate. They were stocked up. Finally, in despair, some brilliant executive of the bank conceived an idea. He thought of the army of the unemployed concerning which there had been much publicity. He realized that while it would be hard to sell anyone $2,000,000 worth of chocolate, he might sell 5 or 10 cents worth at a time. He arranged with employment agencies and through want ad3 for workers. Within a short time, literally thousands of people, out of work because of the depression, and eager to do anything, were standing on the street corners of New York offering sweet chocolate for sale at cut rates. The bank took on anybody that would turn up. The metropolis was thronged with salesmen waving bunches of the toothsome sweet at the passing crowds. One could not walls down the streets without being of fere J sweet chocolate as little or as mnclr as might be M-anted. It took only a few weeks. The public was accustomed to buying an occasional bar of chocolate at a newsstand or at a candy Etore. In such normal times the desire on the part of the customer created the sale. Here things were reversed. The chocolate came to the customer. It met him in the subway, on the elevated, in theatre lobbies, on every street corner, in short it was next to impossible to walk a block without bein offered chocolate at a bargain. It was Inevitable that the psychology of the situation succeeded in selling th sweetmeat New York surrendered. Its millions of people bought the chocolate in 5 and 10 cent lots. The bank got out with little if any loss and employment had been given for a britV period to many people. Instances could be multiplied. A great Chicago bank became an exporter of food products, so much of this sort of security came into it possession. It sent great shiploads of goods abroad. Other banks became auctioneers. Those times are passed. The government figures show that liquidation me paying up oi loans is practically complete and the banks are in perhaps a stronger position than ever before in their history. But thousands of bankers have learned that banking is not always a mahogany desk and marble counter job. Soma bankers get into the fur business whether they want to or not. FOR SKIN TORTURES Zemo. the Clean, Antiseptic, Liquid, Just What You Need Don't worry about Eczema or other skin troubles. You can have a clear, healthy skin by using Zemo obtained at any drug store for 35c, or extra large bottle at $1.00. Zemo generally removes Pimples. Blackheads, Blotches, Eczema and Ringworm and makes the skin clear and healthy. Zemo is a clean, penetrating, antiseptic liquid. It is easily applied and costs a mere trifle for each application. It is always dependable. Advertisement. LUMBER POSTS ROOFING BUILDING MATERIALS of Al! Kinds L. Right Prices Prompt Delivery MATHER BROS. Company 1QG0.Q0O R01X3 MARTIN 1 ASEHBERGESf The,WallPaperJ&ng,, 401-3 Main St. RICHMOND. INDIANA. FREE SAMPLE

j' THIRSTY? ff Then try ff out Fountain Drinks V & and Ice Cream Dishes. M j You can't beat 'em.

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