Sullivan Daily Times, Volume 48, Number 102, Sullivan, Sullivan County, 22 May 1946 — Page 2

PAGE TWO

SULLIVAN DAILY TIMES - WEDNESDAY, May 22, 1946. SULLIVAN, INDIANA

A Home Owned Democratic Newspaper. Sullivan Daily Times, founded 1905, as the daily edition of the Sullivan Democrat, founded 18S4. V United Tress Wire Service. Eleanor Poynter Jamison Manager and Assistant Editor I'aul Poynter Publisher oe H. Adams , Editor ublished daily except Saturday and Sunday at 115 West Jackson St. ullivan, IndianB " Telephone 12

Qtered as lecond-class matter at the Postoffice, Sullivan, Indiana. National Advertising Representative: Theia and Simpson, 393 Seventh Avenue, New York' (1) N. Y. , Subscription Rate: y carrier, per week , .15 Cents in City By Mail In Sullivan And Adjoining Counties: Vear ,. . f3.00 'ix Months , $1.75 ' tonth (with Times furnishing stamped envelope) 30 Cents By Mail Elsewhere! ar $4.00 ix Months $2.25 lonth (with Times furnishing envelope) 40 Cents All mail subscriptions strictly in advance.

NATION STARTS ITS THIRD BANK FAILURE-LESS YEAR The United States on May 1, started a third year in which there have been no bank failures. After permitting the memory to do a brief flash-back to 1932, when banks under the Hoover Republican Administration blew away like leaves in a cyclone, please pause a moment and give thanks to the Federal Deposit Insurance Corporation. For the first time in three-quarters of a century the Nation is not being plagued by bank closings. The remedy was put to. work by President Roosevelt and is still being Used by President Truman. . - ; Some of the nation's press took recent note, as follows: ; Said The St. Paul Pioneer Press: "The (FDIC) recently reported that the last seven months of 1944 passed without a bank failure, thus completing the longest failure-free period since 1870. Now federal reserve statisticians have padded out this pleasant chapter in modern banking history with the an

nouncement that, there was not a single bank closure during

the whole of 1945. This runs the continuous stretch of failureless months to nineteen." - ' . Said The Richmond (Va.) Times-Dispatch: ". . . the (FDIC) says it received $49,000,000 during the last half of 194$ assessments from banks whose deposits it insured, without having a single" claim for protection of depositors in .veak or insolvent banks. The total assets of the FDIC at the end of 1945 were $931,000,000. The agency insures deposits, up to $5,000, in 13,495 commercial and mutual savings banks.

... The success of the FDIC thus affords a lesson. It is that some things can be done better by the Federal government

than by the States, aside from handling the mails, regulating interstate affairs, and the like. It is hot a new lesson, but the

tULU is a particularly good illustration of it.

Ihe Portsmouth, V a., Star, in an editorial recounting

the achievements of the FDIC, asked: "Who would dispute

the value of bank deposit insurance? Who would now have it

different?" ' -

This Morning's Headlines "PODYLESS" MURDER BAFFLES POLICE Finding of an au- , tomobile blood-spattered and bullet-marked, belonging to a Chicago war veteran in Rensselaer lte Monday night, last night had set Indiana State Police and northern Indiana authorities to the grim task of investigating what appeared to be a "bodyless murder" mystery. Fragments of what is believed to be human brain matter was found in the late model sedan as was a slug from a .38-caliber gun the latter imbedded in the top of the car. State police scoured the northern Indiana countryside in an effort to find the body of the victim which they believed may have been a missing 27-year-old factory

worker, Charles Fodor, a World War II veteran.

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. HOUSE GROUP OKs FUNDS FOR ORDNANCE The House Appropriations, Committee approved funds to keep the naval ordnance plants at Indianapolis and Louisville, Ky., and the naval ammunition depot at Crane in operation at least until June 30, 1947. The long range future of these establishments, however, is in some doubt according to testimony of naval officials released by the committee in Washington. No funds were provided in the naval appropriations bill reported for the Naval Air Station at Bunker Hill, Ind., which previously had been declared surplus to Navy needs.

ALLIES SHARE IN NAZI LOOT The United States, Great Britain and France won a share of the hundreds of millions of dollars of German assets in Switzerland. A general agreement, announced by the State Department after several months of negotiations, disclosed that the Swiss, who at one time had refused to give up any German holdings for fear of compromising their carefully guarded neutrality would: 1. Turn over $58,14,000 of an estimated $130,000,000 in gold looted from other countries and sold or deposited by the Nazis in Switzerland. 2. Share with the three Western powers and other Allies on a 50-50 basis the proceeds to be realized from the liquidation of German properties whose value has been Estimated as high as $700,000,-000.

Atv-T ?top Doping Your Stomach

V;lh ."soda and Altializera . Doi't r.-pect to get rsl relief from headach0, sour Btomacb, gas and bad breath bv taking ssda and other alka-lijerr-if tie true cause of your trouble ia constipation. In this easo, your real t rouble is not m the stomach at all. But in the intestinal tract, where 80 of yourfoodis digested. And when it gets blocked it fails to digest pronerly. What you want for real relief is not eoda or an alkalizer but something to "unblock" your intestinal tract. Something to clean it out effectively help Nature get back on her feet. Get Carter's Pills riht now. Take them, as directed. They ecntly and effec

tively "unblock" your digestive tract. , the program.

Frank Neff Relief Corps On May 15th a covered dish dinner was held in the shelter house of the city park by the women of the Frank Neff Relief Corps. At the,- noon hour ih tables were well-filled with delicious food. The hostess, Emmi Patrick was assisted by Edith Bledsoe. Following the dinner a rnoit enjoyable Mother's Day program, prepared by Edith Miller was given. All joined in singing Johnson and Morse's lovely song "M-o-t-h-e-r"; reading., "Heart? of America", Pearl Carpenter; "Tell Her So", Grace Webb; "Mother's Love", Bernadine Anderson, all were well given. Sentence prayers followed by "Mother's Prayer" closed

This permits your food to move along r.nrmall v. Nature'sown dicestive juices

can then reach it. You get genuine relief that makes you feel really good again. Gpt Carter's Tills at any drugstore i. 5t. "Unblock" your intestinal tract for ;cal relief from indigestion.

4-H Ciub News The Junior Maidens of Sulli

van held their meeting Wednssday, May 15th at the high school.

The meeting was called to order

by the president. Songs were sung and games were played.

The new members were made vo

do stunts, which they did very

nicely. After the meeting ended

the group had relays. '

The next

May 29th.

HAMILTON COUNTY. SHERIFF, WIFE, OTHERS INDICTED George Michelfelder, Hamilton County sheriff, who said he was given the choice of resignation from his office or indictment by the county grand jury, was indicted with two others persons on charges of contributing to the delinquency of a minor. A fourth person, an inmate of the Hamilton County jail, was indicted on a charge of statutory rape. The state does not contend that those indicted, except the inmate, had knowledge of trie alleged assault on a 14-year-old girl. ; ' ,

Fried Chicken I Steaks , . French Fries The Kitchenette

! 118 S. Court Tele. 462

24 HOUR Taxi Service Call 470

BUS DEPOT CAFE

IRAN NOTIFIES UN RUSS TROOPS HAVE DEPARTED

Iranian Ambassador Hussein Ala received instructions from his government to tell the United Nations Security Council that all Russian

troops had been out of Iran since May 6 and council delegates there

upon hurriedly reconsidered their positions on the controversial case.

Members then went to the Woodman hall for their regular meeting. All were reminded of the memorial program at the cemetery Decoration Day and were firged to attend this important dedication. Methodist Choir The Methodist church choir will meet for practice Thursday evening at 7:30.

meeting will

Quit raytnr root md own your home. Special bargains oa property on Installment pUn. Also farms for sale. W. T. MELLOTT

TIMBER CUT SOARS SALEM, Ore. (UP) Twentynine sawmills in the CorvailesPhilomath are cutting approximately 250,000,000 feet of lumber annually, A. P. Collins, district forester of the Department of Interior Salem office, reported. Collins estimated that a cut of 50,000,000 one-f if x of the present amount is about right for .the 29-mill. district.

Valentine's Good Food, Well Served From 8 a. m. to 8 p. m. Tuesday morning to Sunday night. As you go into Linton on 54-59. Ph. 593 R.

om where I sit ... li Joe Marsfi

Thad Phipps and the Garden Party

Thad Phipps' wife finally got him to- the Ladies' Flower Club Lawn Festival and Garden Party. At first Thad was mighty uncomfortable in his Sunday best, making polite conversation with the ladies, nibbling on watercress sandwiches. Until Milly Harztell comes up with a tray of ice-cold beer in frosty glasses. "I suppose," says Milly slyly, "y ou'll flunk beer's a sissy drink." "Sissy drink!" says Thad emphatically. "Just because it's mild and moderate doesn't make it sissy! Beer's a man's drink!"

And then Thad sees that naif the ladies there are sipping beer, as well as those who've chosen lemonade and cider, and he mutters: "I reckon it's a ladies' drink, too." From where I sit, more and more people are realizing, like Thad, that beer doesn't belong to any special group or occasion it's a. wholesome American beverage that belongs wherever folks enjoy good taste and moderation.

SEIZE WEAPONS IN DANUBE RAIDS Four thousand hand-

picked United Sta'.es constabulary troops swarmed aboard 372 ves

sels in the Danube River in a surprise raid, seized a .huge bag of guns and contraband and apparently smashed a smuggling ring head

ed by remnants of the Hungarian Navy. The boats, mostly Hungarian, were suspected of smuggling German S.S. fugitives out of Germany and trading in black market supplies.

STALIN TURNS DOWN GRAIN PLEA Prime Minister Stalin has expressed regret to President Truman that a request that Russia assign grain to help UNRRA meet the world food crisis did not come

three months ago when the Soviet Union "could have done some

thing in that respect."

SUES GRAIN BOARD, FOR DAMAGES Cargill, Inc., oil Chi

cago, one of the nation's mbst extensive .traders Jn Cash grainsSited

suit in Federal District Court fo treble undetermined damages it

alleged were incurred as the result of a Board of Trade regulation

restricting grain futures trading.

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Plus

finerla! Added Attractions

; Comedy & Late .News

TIME, 7:00 P. M.

Barry Sullivan Henry HcU Porter Halt Fercey Kilbride CIemBevan$r

Plus

"A GUN IN HIS HAND" Specialty, Comedy & Late News Chapter No. 2, "SCARLET HORSEMAN"

THIS YEAR

100 GOOD REASONS For vou To See This Show

i je vouft ttecTsrt APPLIANCE DEALER The Public Service Co' party has dicsniif.ued thedj'ect sale o( all elecfrie epl'arc. but mges yoia to see ytt'irllnt Dealer. He will jladly aJvi pa.

GOING ALL-ELECTRIC!

Even make-believe homemakers want the best these days nothing but electric appliances ti ill do! And v. hen it comes to real homemakers well, you can double it and add a million! What modern wom.in wouldn't want a wonderful home freezer to make marvelous menus possible on short notice. Vl'ho wouldn't rather have a clean, cool, automatic electric range or a big, efficient electric refrigerator, and an automatic !ectric water heater that guarantees instant hot water w henever you turn the tap? Better hurry, hurry, hurry I Your electric dealer is going to be busy, busy, busy! And yen deserve to live better electrically, too!

PUBLIC SERVICE COMPANY OF INDIANA, INC. i

SULLIVAN STORE

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