South Bend News-Times, Volume 33, Number 5, South Bend, St. Joseph County, 5 January 1916 — Page 7

tvrnvrsn.w. j T.nv s, laie. STATE UNIVERSITY FREE FROM DEBT n 6 nee sonomorrow cu1 Bonds Aggregating $264,548 Are to be Paid Off by State. Ci.. , r. 2A n, s

THE SOUTH BEND NEWS-TIMES

INDIANAPOLIS. Jan. '. The idatf bo.-rd of finance, which is com -lifter r f the '-Tfivf-rnnr and the auc itor and treasurer of täte, took action Tuesday whereby th entire bonded indebtedness o" Indiana is to be liquidated at once by the redemption of what are known as thf Vinc-ennts university bonds, asSreuatMiff $1 -'.." 4 S and the Indiana university bonds, amounting to $1 4 i.ooo. Gov. Kabdon said Tuesday nUht that he will re omnun'i to the next leKi.-dature that the annual levy uf ne-kalf cent for a Mnkinr,' fund be aboliyhed, such a levy being unnecessary after the payment of the unher.-ity funds aKgreatinf; $284.4 froiii the sinking fund which i.ow amounts to $-0-,00 0. Arc t .dawt Payment.

Th Vir.cenr.es bonds are not due until 1'jlT. but Attorney General tot.vnb rir advised the finance board that it has authority to agree with the hohler of the bonds to precipitate the date of maturity of the bond-. It is aid that the bond holders hae agreed to the advance payment. The hoard laid off 000 of the Vlncennes bonds Tuesday and expects to redeem an additional $::o.ooo Wedn'sday. The remainder of these, bonds will he redeemed just as fast as they can be found. All of the Indiana university bonds were taken up Tuos.lay. I!y tbo redemption of the bonds th Mate ceases to pay interest of tie per tent on the larje Mini rejreseyited. The sum represented by the Iniliarut university bonds, which tho state lias lield as a preferred borjower. will now be distributed among the several counties of the ;!ate to be lent by the counties in 1 lie same manner and on the same t rnis and conditions that the com:..on s' iiool fund is entrusted to the . v -.li s and lent by them. The iii".:!;is will lend the money at six id .d live per cent, thus giving ' .. university one per cent l: i ton Much PleaM'tl. . . i!;:l(in expressed his satis- - Tue -day night because it had a -..-.-able for the state tu beI M free. v a- with considerable satisi xh:it my associates and I . t en able to take the final step i-.aiilates the indebtedness of ;'"." said the governor. "liy . :i n today tho entire bonded . ö;i-s of ttie state has been i : d and the state is free of -;ate is holding $40.000 in in trust for Purdue univers- ; ;e . iuotint representing a per- . endowment fund derived . (lunation by the United States ( :.nt. ami it must continue ay the university an annual revt'.ic r on of Pve per cent until b gad;iture empowers the state i .-Tribute tliis money anions the :: Mi's to be lent out by them. board of finance considers that l.oii.ls represent a trust rather n a debt. . . . : M.i U HERTA DECLARED OUT OF IMMEDIATE DANGER TIi ii'tl Oiwration on .Mexican IJejiortctl to Have ItcIicM-tl llim Considerably. Aiei.ite.l Pres- Serviee KL PAS' ), Tex.. Jan. ."..('.en. Victoriano Huerta was declare. 1 out of immediate danger late Tuesday by his phyi ian, ld!owim; a tapping operation to relieve him the intestinal tiat. due t The operation Ti'ev.!a. Mnce Saturday, was perl'.-: eut anaetheti ln't.uisi f tluid in .i.i'indiee. :hf third f Jen. Huerta's weakened Cotidiiion. That the patient is in a serious condition was conceded Tuesday bv his physician. Ir. M. P. Schuster, although, when his attorney. Thomas 1am. mayor of Id Paso, called previous to the operation Tuesday. Jn. ll.ierta was said to be as cheerful as usual. The diacnosis upon which the operations have been performed have net been revealed by Pr. Schuster, although an opinion by u fonsultit.g physician. representing Mayor Lea. Indicated the patient was suffering from cancer of the gall bladder and possibly hardening of the liver. This opinion was rendered prior to any operation. A bulletin issued by Pr. Schuster was to the effect that il.n. Ha. a ta alter Tuesday's operation w ..s .much reliev ed and his tempera: op- and pulse became normal, said the bulletin. "ten. Tluerta refuses the se- i. of a trained nurse, insisting up 'U tl:tattendance of his wife. PR0HIS TO MEET JUNE 19, . j National Contention to In Held in ' i St. Paul. i A''el,"itrd I'rr Servi.e: ST. PAPL. Minn . Jan. - Th. na tional prcdiinition tonverdion ni!i lc hKI at the Auditorium here June next, instead of at Minneapolis, the place originally set by the national executive committee at Chita co. Tins was announced Tuesday rieht by V. r,. t'alder wood, memle.i f th- 'i:n:r.i!tii', who said the han-'e vva-s made be;; us-- of a lak oi a s iti.-fai t..rv convention hall in Minneapolis.

liiiir kmmm illi Iff.;; i m pl t? m mmA ' Iii J -Xvv :-$ 'I-iÄX-Xv vXWffi' Xv'v J i- . X- "X'A I mm I hat -J

f ;X:::X:XvX;X- i

hmm t".-:-:oxx- Xx-' 1 fcwS.XxXvX-ltiV.'J

$:$i:::::::f:i lxXXX::;:;-X-XWSx:; $X XvX-XlSs fe-'SSsj'V tsxx-:-5 txXX:xX:-:;;- I

i t I

pSi .-.. .-...-.sv.y.v

Tliis U one of the Varsity lTft l'lr Sllos. A numler of these famous design- art included in this sale, one, two and thrto button model:; late fall ami winter foalilons; c1kk)sc early.

o 'jU. :::: V I? f:::-:::::::::::::;:;::::::::::::::::x:::::.:f;.:;3: vl-X-X-X-XXX-XrXvX;.: .X- VI M"-'.".V--:XS -Ai'v?. , - : x $:- X X'J ÄXvÄ: ;; xvx VSXik X;:v wf&i .S: &x:Uj XiÄo-l-Xi W.'ASW.W y&$y yxvxx-xxv .".v.v.v.ssy. - :xvxv;-x x-v:xx i GTJrTglt nrt ScUIlatt & Mati Home of

JII lltiii

1 "S53

Sclhiaiffsies0

si ir cd

UCH goods as these are standard in quality; you know

what they are; such a reputation for quality as Hart Schaffner & Marx couldn't be maintained except by the real thing and our reputation for doing as we advertise makes this sale of great interest to the people of South Bend and community as a great money-saving proposition. We want to clear up our fall and winter goods. The stocks are very large; and we'll sell them out now, for a real clean-up; at these prices:

$32.50, $35, $40 Hart Schaffner & Marx Suits and Overcoats

$30 Hart Schaffner & Marx

Suits and Overcoats

$27.50, $25, $22.50 Hart Schaff. $ ner & Marx Suits and 0 vercoats $20, $18.50 Hart Schaffner & $ Marx Suits and Overcoats . .

While these figures may not seem as big as the wild propositions set forth by others, these are real and genuine reductions on guaranteed clothing of the very best makes. If you're shrewd, wise, prudent, economical and a good good dresser, act NOW!

SPIRO

Hart Schaffner & Marx

Overcoats

Clothes, Knox Hats,

$ . Tiere' varieties on ihoc Sampeck Boys' Clothes

$22J

: If wJ I I I wm mm w w I

Var-lty i II i. min d: ono of a numbor ff -iiiUinc of our laiuoL overcoat.-; now jou can hic uiouej cleer st)le.