Richmond Palladium (Daily), Volume 92, Number 231, 28 September 1922 — Page 3

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND., THURSDAY, SEPT. 28, 1922.

PAGE THREE

HEWSQH, BACK FROM RUSSIA, DOUBTS AID OF SOVIET TO TURKS

(Special to the Palladium) CHESTER, Ind., Sept. 28. "The present situation in Turkey has developed since my return from Russia, about two weeks ago, but I do not attach much importance to published reports that Russia is prepared to give active military support to the Turkish

Nationalists in event of a clash between the Nationalists and the British, which many profess to believe would be the prelude to another European war," said C. Hewson today. He and Mrs. Hewson are now visiting with her parents on their farm near here. Mr.-Hewson is a former Earlham student. Accompanied by Mrs. Hewson, he went to Russia last year as a member of the Friends relief organization, spending a year in that country, for the most part in Moscow and in Minsk. Mr. Hewson believes the Russian people are in no mood to engage in a war of aggression, even with Constantinople and a free outlet for Russian commerce through the Dardanelles as the stakes. It is his opinion that the soviet government would not sanction any action which would be resented by the Russian masses. "The Russian people are fed up on

war," said Mr. Hewson. It Is also his opinion that Russia does not possess ' . sufficient materials and resources to engage in any extensive military adventure. Economic conditions in Russia still remain at a low ebb but are slowly improving, Mr. Hewson says. During the

year he was there he witnessed a steady development in nearly all lines of industry and the inauguration of public improvement programs in ths municipalities and in the rural districts. 4 ; "Most Americans, I believe, share the opinion that communism prevails ' in Russia, but, as a matter of fact, Russia is not communistic," Mr. Hewson remarked. "The communistic party is the one in power; it has been since the revolution, but It has not set up the economic principles it advocates. At the time of the revolution the announcement was made that 11 would be impractical to carry out the communistic theory in Russia while the rest of the world remained on a capitalistic basis." It is his belief that a large part of the Russian people do not subscribe to communism, but the Russian masses believe in and give their support to their present form of government, ia bis opinion.

The soviet government, Mr. Hew

son says, largely represents that form of popular rule which Russia

patriots dreamed of, strove and suf

fered for under centuries of czansm.

He points to the fact that the sov

iet government is founded upon a constitution and the people have a part

in it. It is a new form of govern

ment but no more revolutionary than

the American people set up ffr them selves 146 years ago, he reniarked.

Recalling that the United I taes has

not yet recognized the present Russian government, Mr. Heyson mentioned the fact that the ir3t diplo

matic representative the infant Ameri

can ReDublic sent to Ruisia had to

warm his heels outside tlie gates of the Imperial palace at St. Petersburg,

for eighteen months, before the czar

would consent to receive him and accord recognition to the United States.

Tho idea of a government by popular

rule was very obnoxious to that ab

solute monarch. 1 The present form of Russian govern

ment probably can be improved upon

in some respects, Mr. Hewson believes,

but such changes as are necessary can be provided from time to time in an orderly, peaceful manner through the legal channels of a political nature

provided by the constitution.

"The Russian masses approve of the

basic principles of the government

they now have. I do not believe it

will ever be destroyed by a counter

revolution," he added. Americans are popular with the Rus

sians, Mr. Hewson says. The Russians are very grateful for the relief

provided by the American people and

the American government during the starvation period last winter, one of

the most tragic pages in the tragic

history of Russia.

"I do not know what reports were

BEAUTIFUL IRISH "JOAN OF ARC" OUSTED BY D AIL.

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INDIANA AMONG FOUR

STATES USING MOST ELECTRICAL POWER

Maude Gonne MacBride, whose husband. Major MacBrlde, was put to death by the British after the uprising in 1916, was one of tour women recently expelled from the Strangers' Gallery of the Irish Parliament because of their shouts in protest against what they called the barbarous treatment of untried rebel Drisoners.

carried in the American press concern

ing the distress of the people living in the starvation districts of Russia,

but I do not see how conditions could

have been exaggerated," he said.

In his opinion that the food short

age will not be so great in Russia this

winter, as it was last. Russian crops the past summer were larger than the previous summer but, Mr. Hewson says, Russia is not yet raising suffi

cient crops to feed its people. Outside

aid will be required again this winter, but not on such a large scale.

"Russia is not yet prepared to pro

duce as much foodstuffs as the coun

try requires, for seed and farming im

plements are insufficient and most of

the people are too weak to work in the fields," he says.

Mr. Hewson says that he and his

wife were received everywhere in Rus

sia, by the people and by representa

tives of the government, with courte

sy and consideration and that, he says is the attitude of the Russians to all Americans. The government co-oper

ated with the American relief workers

to its fullest extent.

One of Mr. Hewson's Interesting rel

ics of his sojourn in Russia is a bank

note for one million rubles, beautifully engraved and water-marked, but worth only 16 cents in American man-

ey. Before the world war it was worth

$500,000 in American gold.

J

(By Associated Press) FRENCH LICK. Ind., Sept 28.

Greater quantities of electric light and power are ayailable and more capital is invested in such enterprises in the four states of Illinois. Indiana, Michigan and Wisconsin than in any other

similar sizea terniory in me worm, Harry Reid, president of the Interstate Public Service company told delegates to the annual convention of the Great Lakes section, National Electric Light association here today.

'The results of such power are Been

In the vast increase in industrial importance of the four states during the last ten years," he said. "Industry rapidly is moving westward from what heretofore has been regarded as the industrial center. Industrial prosperity of the section now is largely measured by the ability to produce the great

volume of economical electric power that is necessary." Mr. Reid said the utilities put forth the most strenuous efforts to protect the public during the progress of the general coal strike and that "the role utility men played in the last six months in continuing service in the face of the most trying conditions merits the most generous consideration of the entire, public." There are more automobiles in the United States today than there are homes wired for electricity, said E. W. Lloyd of Chicago, of the Edison company. The number of residential lighting customers in the country on January 1, 1922, was 8,467,000, according to a report, while the number of automobiles exceeds 10,000,000. "Most people think of the. nation as being quite extensively electrified, but automobiles outstrip the number of homes where electricity is available," said Mr. Lloyd. "In many localities this development is very backward."

Seven million dollars worth of goM is taken from the soil of northern California each year by the dredging method.

ANOTHER WOMAN HONORED.

r v - -

'-" J. '

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. BUSINESS AS HE FOUND IT. - "How do you find' business." j. these days?" ' ' ':v- - 1 ' "Same way as always. By, goinpr out and looking for it.' From Everybody's Magazine.

The Hair-Destroying Curling Iron Passes

Miss Lucille Atcherson of Columbus. Ohio, has been appointed by President Harding to the American Diplomatic Service as secretary to legation of class 4.

The heated Iron makes the hair dry and parched looking;, burns off the ends, givinjr a most untidy appearance. You who have learned this from experience will be glad to hear of a very simple method which is open to none of th? objections referred to and which gives better results than the curling iron tr either short or long hair. Just get a. few ounces of plain liquid silmerine at your druggist's and apply a little with a clean tooth brush before doing up the hair, drawing the brush down one strand at a time from root to tip. In three hours your hair will be as beautifully wavy and curly as though Mother Nature did it, and- it will be quite manageable, no matter what style of coiffure you adopt. The effect will be much prettier than if you used a waving iron, will last much longer, and the health of your hair will not suffer. Silmerine is not sticky or greasy, but Is quite pleasant to use. Advertisement.

Mr. and Mrs. Elmer Newkirk, a daugh

ter, Doris Jane.

GREEN'S FORK, - Ind. Born to Mr,

and Mrs. Earl Wyrick, a daughter, Iva.

NEW PARIS, Ohio Mr. and Mrs

Ross Markey are the parents of daughter.

MIDDLEBORO, Ind. Mr. and Mrs.

ErnesJ Stegall are the parents of a son. NEW MADISON, Ohio Mr. and

Mrs. Humphrey Stump are parents of a daughter. Mr. and Mrs. Virgil

Brown also are the parents of a daugh

ter.

Births

DUBLIN, Ind Born to Mr. and Mrs

E. R, Stuart, a son. Forest William.

CAMBRIDGE CITY, Ind. Born to

WHAT MOST

STOMACHS NEED

The Alkaline Effect of Stuart's Dyspepsia Tablets Prevents or Relieves Acidity and Sour Risings.

To make our food palatable, savory

and appetizing, the cook mixes in some onions or garlic, we eat fried sausage.

FORD RUNS 57 MILES ON

GALLON OF GASOLINE

A new automatic Vaporizer and De

carbonizer, which in actual test has

increased the power and mileage of Fords from 25 to 50 per cent and at the same time removed every particle of carbon from the cylinders is the proud achievement of John A. Stran-

sky, 893 South Main street, Pukwana, South Dakota. A remarkable feature of this simple and inexpensive device

is that its action is governed entirely by the motor. It is slipped between the carburetor and intake manifold and can be installed by anyone in five minutes without drilling or tapping. With it attached. Ford cars have made from 40 to 57 miles on one gallon of gasoline. Mr. Stransky wants to place a few of these devices on cars in this territory and has a very liberal offer to make to anyone who is able to handle the business which is sure to be created wherever this marvelous little device is demonstrated. If you want to try one entirely at his risk send him your name and address today. Advertisement.

Why Walt Three TJaya for the Stomach

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baked beans, cheese with pie, add ketchup and vinegar to some dishes and

then complain of a sour, acid, gassy

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eat what you like even though you may fear Indigestion. Chew one or two tab

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Beautiful Walnut Finish Dining Room Suites

Here are dining room suites of the highest quality and ones that are splendid values. Some consist of 10 pieces, all beautifully finished in walnut. i

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The ank with

Industrial 'Vision

Commercial & Investment

ANKING SERVICE

The financial machinery of Indiana has become so perfected, so powerful, and so highly organized that financial requirements of almost any proportions can now be met without going out of th Ftate for assistance. Torty per cent of the banks in Indiana act as correspondents of the Fletcher American National Bank of Indianapolis. The Fletcher American National Bank, in turn, co-ordinates with the great metropolitan money reservoirs of the country, and with the Federal Reserve Bank. And then, in order that the state's long-time industrial requirements may be taken care of efficiently and promptly, there has been formed the Fletcher American Company, a strong funding institution, equipped to handle financial operations that a bank could not handle.

This powerful machinery is now at the disposal of Indiana's industry. It must be understood, however, that the Fletcher American National Bank functions in complete co-ordination and in cooperation with your local bank our strength, facilities and experience are merely added to its own. It is a mistake to think that you have to scour the country for accommodations. Just step across the street. Your own bank can serve you with the help of this strong Indiana institution. We will be glad to advise with you on your financial problems at any time. If an analysis shows that you require long-time assistance, we will immediately put you in touch with the Fletcher American Company. '

Financial Statement, September 15, 1922

RESOURCES Loans and Discounts $16,941,994.84

LIABILITIES

Capital Stock $ 2,000,000.00

Overdrafts Secured and Unsecured Customer's Liability Account of Acceptances Executed by this Bank United States Bonds Deposited to Secure Circulation All Other United States Government Securities..

11,214.10 281,073.58 1,735,100.00 686,777.76

Other. Bonds, Stocks, Securities, etc 2,401,610.77 Banking House, Furniture and Fixtures 750,000.00 Real Estate Owned Other Than Banking House. . 31,852.46 Lawful Reserve With Federal Reserve Bank.... 746,892.30 Items With Federal Reserve Bank in Process of Collection 1,721,377.88 Cash in Vault and Amount Due from National Banks 1,777,574.60 Amount Due from State Banks, Bankers and Trust Companies in U. S 560,035.85 Exchanges for Clearing House 273,417.28 Checks on Other Banks in Same City 164,946.51 Checks on Banks Outside City.. 169,432.05 Miscellaneous Cash Items. . .' 14,901.35 Due from U. S. Treasurer 86,755.00 Otner Assets 206,457.84

Surplus Fund

Undivided Profits Circulating Notes Outstanding Amount Due Federal Reserve Bank (Deferred

Credits) Amount Due to National Banks .. 2,230,547.91 Amount Due to State Banks, Bankers and Trust Companies 4,080,711.14

Certified Checks Outstanding. Cashier's Checks Outstanding

1,000,000.00 455,916.68 1,735,100.00

71,406.48

97,877.23

Individual Deposits Subject to Check 12,298,404.15 Demand Certificates of Deposit 1,980.00 State, County or Other Municipal Deposits Secured by Pledge of Assets of this Bank or Surety Bond ' 405,450.48 Dividends Unpaid " 3,715.00 Time Certificates of Deposit 1,860,987.65 Other Time Deposits Postal Savings Deposits 12,433.60 Other United States Deposits 623,833.04 U. S. Government Securities Account 522,900.00 Bills Payable Notes and Bills Rediscounted, Including Acceptances of Other Banks, Sold With Indorsement of this Bank 732,218.25 Letters of Credit and Travelers' Checks Sold for Cash 24.388.93 Acceptances Executed for Customers 323,958.81 Other Liabilities 70,584.82

Total $28,552,414.17

Total $28,552,414.17

Elmer W. Stout, Vice-Pres. and Counsel

Theodore Stempfel Gustave H. Mueller Walter F. C. Golt

OFFICERS FLETCHER AMERICAN NATIONAL BANK Stoughton A. Fletcher, President

Oscar P. Welborn Vice-President Robert H. Tyndall Vice-President Ralph K. Smith, Vice-Pres. and Cashier Adolph G. Wtocher Assistant Cashier

Vice-President Vice-President Vice-President

Frank F. Wocher Assistant Cashier C. O. Robinson Assistant Cashier Harold E. Sutherlin, Assistant Cashier H. J. Karch Manager Foreign Dept. Henry L. Hilkene Auditor

James A. Allison

Hervey Bates, Jr. Tipton S. Bush Vice-President and Treasurer Blish Milling Co., Seymour, Ind. James I. Dissette Hugh Dougherty Vice-President Fletcher Savings and Trust Company Crawford Fairbanks Stoughton A. Fletcher President Geo. C. Forrey, Jr. Vice-President Fletcher American Co.

BOARD OF DIRECTORS FLETCHER AMERICAN NATIONAL BANK

Capitalist

Fred Hoke Secretary-Treasurer Holcomb & Hoke Robert Lieber Mfg. Co. Vice-President H. Lieber Co. Wm. J. Mooney President Mooney-Mueller-Ward Co. G. Barret Moxley First Vice-President Kiefer-Stewart Co. Gustave H. Mueller Vice-President Wm. F. Piel President Piel Bros. Starch Co. Albert M. Rosenthal President Standard Paper Co. Gustave A. Schnull Schnull & Co.

Ralph K. Smith Vice-President and Cashier Charles B. Sommers President Gibson Co. Theodore Stempfel Vice-President Elmer W. Stout Vice-President and Counsel Thomas Taggart President French Lick Springs Hotel Co. Lucius M. Wainwright President Diamond Chain & Mfg. Co. Oscar P. Welborn - Vice-President Evans Woollen President Fletcher Savings & Trust Co.

Elmer W. Stout Oscar P. Welborn Theodore Stempfel

OFFICERS FLETCHER AMERICAN COxMPANY Stoughton A. Fletcher, President

Vice-President Geo. C. Forrey, Jr. . Vice-President Vice-President L. P. Robinson Treasurer Vice-President G. B. Clippinger Secretary

H. J. Karch Manager Foreign Dept. J. S. Shaughnessy Assistant Treasurer E. C. Meyer Assistant Secretary

DIRECTORS FLETCHER AMERICAN COMPANY

Hervey Bates, Jr. Stoughton A. Fletcher, President Fletcher American National Bank. Geo. C. Forrey, Jr., Vice-President. Alfred M. Glossbrenner, President Levey Printing Co. Will H. Hays, Director General National Association of Motion Picture Industry. Louis C. Huesmann, President Central Supply Company. Harry R. Kurrie, President Chicago, Indianapolis & Louisville Ry. Co.

Eli Lilly, Vice-President Eli Lilly & Co. Walter C. Marmon, President Nordyke & Marmon Company. Felix M. McWhirter, President Peoples State Bank of Indianapolis. G. Barret Moxley, First Vice-President Kiefer-Stewart Company Gordon A. Murdoch, of H. C. S. Motor Car Co. Charles S. Rauh, President E. Rauh & Sons Fertilizer Company. Lewis P. Robinson, Treasurer. Charles B. Sommers, President Gibson Co.

Theodore Stempfel, Vice-President Fletcher American National Bank. Elmer W. Stout, Vice-President and Counsel Fletcher American National Bank. Alexander L. Taggart, President Taggart Baking Co. Anton Vonnegut, President Vonnegut Machinery Company. Guy A. Wtainwright, Vice-President Diamond Chain and Mfg. Co. Oscar P. Welborn, Vice-President Fletcher American National Bank.

FLETCHER AMERICAN NATIONAL BANK of Indianapolis CApITAL AND SURPLUS 3,000,000 '

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