The Syracuse Journal, Volume 26, Number 29, Syracuse, Kosciusko County, 9 November 1933 — Page 1

’JlusfjitK by Arthur Brisbane NRA NEWS FLYING NEWS CRIME MARCHES ON AN INDIAN SAYS “PLEASE” Under NRA rules, control of industry and business will drift more and more into control by organized labor. The unions, according to Mr. Green, president of the American Federation of Labor, have about 5,000,000 members now and hope to enroll as many as 25,000,000 men. Such an organization would be the gov- __ ernment of the United States. No other groups could stand against it. Therefore it is important for union labor to consider, above all things, future efficiency, since 25,600,000 enrolled union inen would not be able to get more than their share of such prosperity as might exist. The two industries that have made greatest progress in the United Staten, conquering competition even in foreign countries, have been open shop industries, free of union labor control*-namely, the automobile industry and moving picture industry. They have also been the two industries paying the highest wages. In the long run only results count, and union'labor, as and if it takes control of industries hitherto “open shop," will want to plan for continuance of efficiency, profits and, production, Otherwise the jobs will shrink. You cannot create jobs artificially, except with the United States treasury tb di aw on, end even that could not last forever. While Germany and Capt. Eckener and his Zeppelin shows how easy it is to fly from Germany to So. Ann riea and from So. America to Chicago and back to Germany by dirigible, the British are pushing their heavier-than-sir passenger und mail line across the Atlantic to the UnitedStates with a base at Newfoundland. The route would be Liverpool to northern Scotland!, Iceland, Greenland, LhU.. mhn, &!< ».», vat nd o'.hei Americna and Canadian cities. This country that invented the flying machine sits, watches and asks: “Who's afraid of the big, bad wolf?” That is a better song for 3 little pigs than for 48 big states. We have committees to suppress crime and gangs, one established by the federal government. Senator Copeland of New York at its head, and every big and little city, town and village has its polite force. Rut crime goes ahead, paying no attention, well organized, using “automatteaT and machine guns, aa calmly ■» doctors write out prescriptions. In Idaho an old Nez Perce named “Many Wounds” asks Uncle Sam to be kind enough to pay his tribe “as much gold as six mules could pull, the gold loaded upon a heavy wagon” The government agreed to do that in 1855, when the Nez Perce made considerable concessions. Poor “Many Wounds” does not keep up with the news. He is a very old Indian, or he would know that gold is now considered too good for Amreican white men, to say nothing of Indiana. It may interest dwellers in other cities to know that New York is flood ed with fraudulent gold-mining stocks. Everybody is talking about gold, and so poor geese that usually buy real estate that they haven't soon, and stocks about which they know nothing, are again offering themselves as a sacrifice. The British say the question of foreign debts is "up to Roosevelt.” Usually when an Individual nation owes money it is up to the one that owes to pay. Conditions, it aeema change when Europe owes the United States. By the way, BraxU is postponing the payment of its war debt to France. You can imagine the indignation i caused by that "lack of good faith.” Gold prices clim,b higher and higher. When we went off the gold basis gold was S2O and some units an oz. Now the price to above 532. This does n’t moan that gold to worth more, only that our dollar to worth less. The dollar being worth about 64 cents, a SI,OOO American bond, formerly payable in gold, now payable in paper, to worth in the world's markets about $640. Automobile sales indicate prosperity or the lack of it. No intelligent man would bo without a car, and a good one, if he could help it. It to good news that sates of new passenger automobiles in the United States for the first nine months of 1933 were one hundred thousand units above the total sales for the twelve months of 1932. Nino months* ’sales of new motor trucks also exceeded the 1932 sates. Old automobilee are wearing out at the rate of 5,000,000 cars a year. When the time does come, there will bo such a demand for cars as will amaso even the mnuafacturers. A new cancer theory is sdvanced by Professor Fischers, Italian scienttet, who tells the International Cancer congress at Madrid the “drying out of glands because of age** is the chief cause of cancer. He urges “replenishment. It should bo possible to test the soundness of that theory by poct-mortum examinations.

Syracuse Journal Public Library Northern Indiana's Best And Newsiest WeeKly Newspaper

VOLUME XXVI

LOCAL BANK PLANS TO GO ON ‘A’ BASIS

SYRACUSE IS LOSER 40-28 TO MILFORD .!■ ■ — Second Team Wins First Game of Season at Milford Friday. The inexperienced Syracuse High School Basketball team met its ancient and bitter rival, Milford, Friday evening, in the neighboring town's gymnasium and succumbed, 40 to 28, after an ineffective struggle. There was much joy among the i Milford fans, for last season the, same Milford team was trounced severely three times b> the Syracuse team most of whom graduated last year, so in away the Milford team I fell vindicated, and revenge was sweet. ■ During the second half, Syracuse! showed more offensive power with . Miller being used in a pivot play, and scored 19 points as compared to 9 points of the first half of the game. The team could not stop Milford’s attack, however, for Milford ran up 20 points in the first half and 20 more in the second. Estep, No. 54, of Milford, was the big scorer, ringing up six baskets, and five free throws, for a total of Iff points. He did not miss an opportunity to score from the free throw line. According to Milford supporters, he practises shooting baskets morning, noon and evening. Pbend, who alternated with Cain, jumping center, was the other big scorer, on the Milford team. He made 13 points. . ... - . Devon Milter, the long, lanky center of Syracuse, after he was able to unwind himself, made four goato and one free throw, during the second half. Hibechman, who played right forward also, got going better in the second half, and found the basket for two goals and two free throws. He made one free throw in the first half. .lames Freeman, who played left forward made two goato and four free throws for a total of 8 points. The* starting line-up for Syracuse was: Hibschman, rs; Freeman, if; Miller, c; Kline, rg; and Jones, Iff. Pfingst was sent in for Freeman; Rogers for Miller, and Voyle OsbOrn for Kline. . Milford's starting line-up waa Cain rs; Haab, If; Estep, C; Beer, rg; and ° Phend Ig. Phestd and Cain did the jumping Milford, letting Eatep play JOrward. Second Team Wins. Syratfbse fans had an opportunity to s«< Syracuse's future basketball pljh/ers when the reserves of Syracuse defeated Milford's second team 20 to 15 in the first game of the evening. Syracuse's reserves are big and strong for their ages, and with experience ought to develop into a real team. In fact there to a rumor that one of the big youngsters will be groomed this week for a berth on the first team squad. Syracuse plays Chemwell here, the first game of the seasoitv Friday evening. BitnerKDoll, Jenson, Sears osa, Otl, Culler were on the second team that in the last quarter i surged ahead of*Ssbe rival team to' win, after the sebte had aee-aawed back and forth now fbl\one team and now for the other during the first• three quarters of the gamlk ESCAPED CONVICT \ CAPTURED IN OHIO - \ Charlev Harris, Caught in Bryan, O. Last Friday After Escape From Michigan City. Charles Harris of Syracuse, trustie who had escaped from the prison at Michigan City, Monday a week ago, was captured by officers in Bryan, 0., Friday. He had been sentenced to from three to 10 years, on a charge of second-degree burglary, and had served a year of that. Now because he was a trustie and escaped he will be compelled to serve his fall term of 10 years, and all privileges will be withdrawn, according to law. As a trustie he had been employed as a truck driver at the prison .farm. - .

ON LAKE WAWASEE A tetter received yesterday by Roy Brown from Carl Tuttle states that Tuttle was inDayton, 0., last week end and that “George Gass to getting along fine.” Tuttle wrote that he planned to take their home doctor to Dayton with him, from Indianapolis, yesterday, to see if Gass could be taken to Indianapolis the first of next| week. Mr. and Mrs. Trcmpcr of Detroit Mich., last week purchased from' Stephan Freeman one of his lots on | Wawasee near Sunset Point, and! plan to start building their summer 1 home there. A. W. Emerson suffered a burned face and had his hair singed when I an oil stove puffed flame into his face, Saturday. It was a heating ! stove, and Mr. Emerson said all the i oil seemed to have burned out of it. I , He turned out the fire and went out- : doors for more oil. When he came back he started to pour oil into the stove without noticing that there * I was still some flame about the wick. The puff which followed burned his face and the hair about his forehead. ' I His glasses protected his eyes. He said the moral to this story to: “Don’t fill a coal oil stove unless the fire’s out.” . * Mr. and Mrs. Louis Solt took Mrs. Cecilie Hoeflinger to South Bend, ‘ Sunday-, attending h* - * iness college.. Mrs. Matt Abts took her mother, Amartfia Xanders to Battle Creek, Micfe., Sunday, where she will spend next three weeks in the sanitarium. Mr. and MYs. John Boyts and son Eugene left Jp Tuesday for Miami, Fla., where M»ey will spend the winter. ? c — — Mr. and Mrs. Gtenn Warren came from Indianapolis to spend this week at tW lake. On Saturday Mrs. C. M. Vawter left the lake to visit her sister, Mrs. I Mary E. Dunning in Chicago. Mrs. | Vawter’s daughter, Mn. Veltman and Barbara left for Holland, Mich., ! where they will spend some timet with Mr. Veltman and his parents. s J /Mrs. M. C. Berger and son Emery tof Manhattan, Kan., visited Mrs. Berger’s sister, Mrs. P. W. Soltau, last week. i Mrs. C. B. Miles of Omaha, Neb. to visiting her parents, Mr. and Mrs. P. W. Soltau of Oakwood Park. S. U. Hooper, who to working in Holland, Mich., came to the lake, Thursday and took Mrs. Hooper and ( daughter Louise back to Holland with him. They returned to the lake, Saturday. Mr. and Mrs. J. G. Brannum of Indianapolis spent the week end at 1 their cottage. Bob Elliott of Mtohawaka entertained a party of friends at a marshmallow and wiener roast at hto parents* home, Friday. Charles Steffen and Kenneth Wold of Indianapolis were Wawasee visitors, Monday. ■ M1..,,. ( Dr. Wallace returned Saturday, from Marion, after two days spent twith friends and relatives there. Mr. and Mrs. Harry Ftohack clue- - ed their cottage and moved to Fort Wayne. Sunday. I Mr. and Mrs. Ira Landaw of Waterford have moved to the lake to spend the winter with Mrs. Isaac Mellinger. Mr. and Mrs. A. W. Emerson. Mr. and Mrs. Charles Naylor, Mmdamee Fichack. Olds, Hooper enjoyed a picnic dinner 'at the home' of Rev. Seamans in Warsaw, last Thursday. 0 BIRTH ANNOUNCED Mr. and Mrs. Milo Milter are an- i nouncing the birth of a daughter, 1 Saturday. The baby weighed nine pounds. Mrs. Hattie Dtoher is caring 1 for Mrs. Milter and the baby. Rev. and Mn. George Arbaugh of Hartford, Wise., are announcing the birth of a son, George Evans, 1 Oct. U. .■ i UNDERGOES OPERATION * Mrs. Mileham Timberlake went to 1 South Bond, today, where she un- 1 derwent an operation performed up- ' on her nose.

SYRACUSE, INDIANA, THURSDAY NOVEMBER 9, 1933.

G. 0. P. CANDIDATES WERE UNANIMOUSLY ELECTED TUESDAY I \ ••• ■■■ in? • .. ■ At the cost of approximately $2.50 per vote, 22 votes were cast in the town election of Syracuse, Tusedsy, and the Republican ticket, the only 1 one in the field, was victorious. Emory Strieby wts elected town board trustee, Ernest 0. Buchholz, town clerk, John Harley, town treasurer. The polls were opened at 6 a. m, as required by law, voting taking place in the basement of the library. It was hoped that it would not be necessary for the polls to remain open until 6p. m., as a light vote was expected, and, according to the election law pamphlet of Indiana, after 4 o’clock in the afternoon, if 15 minutes elapses without a vote being cast, the polls may be closed.. Before noon 10 people had voted, including somi of the members of the election board. From two o’clock on, no one voted except the rest of the election board, and the board members, weary of doing so little all day, began watching watches, at 4 o’clock, for if no one came in, the election would be declared over at 4:15, ballots counted, and polls closed. About 10 minutes after 4 p. m. ji. w.. BuehKolx arrived at the polls to vote. After his departure, watches were again watched—and in about five minutes another voter arrived, who, on being questioned admitted he bad just talked with Mr. Buch-1 holz. This was repeated at intervals by voters until 4:30. Between that time and 4:45 no one arrived to vote so Ross Osborn, the inspector, step-; ped to the door and in a loud voice told the outside to Hear Ye, Hear Ye, the polls were declared closed. And they were. The polls were opened at 6 a. m. by the inspector making the announcement in the gray dawn that the polls were now open. Ropes had been extended along the walk lead-, ing to the library, and Ocal Craft; and W. M. Darr had taken their j positions as sheriffs, to view all who p might appear. After several hours, during which, the two clerks, Mrs. Eloise Klink and Mrs. Harry Porter initialed the rear of ballots according to law, and ] the two judges, Mrs. Millie Snobarger and Garrett Grissom, with Ross Osborn, inspector, sat and waited, and waited, a voter appeared. This was repeated once in a while during the day until business picked up at the latter part of the afternoon. Meals were served the election board by Porter Mickey of the Grand Hotel. Early in the morning Fieldon Sharp brought two daily papers for the board members to read —and out of which they worked cross word puzzles. Before the polls were declared open, members of the election board signed oaths, and then signed papers agreeing if they didn’t live up to these oaths, to spend some time in jail and one thing another. Then there were two poll books to be signed, paper bags in which were to be placed voted ballots, unvoted ballots, disputed, protested and uncounted ballots; paper bags to contain the poll book, tally sheet, certificate and memorandum of votes cast, oaths of the election officials (Continued oe Last Page) 2 THEFTS REPORTED DURING PAST WEEK ■Dogs Stolen From G. B. Stone Sunday: and Mrs. Roy Riddle Has Money Taken. Two thefts have been reported in this vicinity this past week. Sunday afternoon white Mr. and Mrs. G. B. Stone were away from their home on Lake Wawasee, someone stole two setter pupa, one of which had been sold. Monday evening, a young man representing himself as one taking subacriptions for the Pathfinder, and ] needing but three or four more to have money enough to go to the Moody Bible Institute called on Mrs. Roy Riddle. He said that he had some potatoes 1 and would give these to her, in ad- ] iition to the subscription to the magazine, if she would pay him cash. Hoping to help the young man to school, Mn. Riddle paid him $1 with the understanding the potatoes were < to bo delivered to her by 8 o’clock < Tuesday morning. They have not yet boon delivered, i

| DO YOU I remembßr—i 29 Years Ago. When the grocery store owners in Syracuse signed and published agreements that all grocery stores would be closed on Sunday, and those signing were: Elmer P. Miles, Searfoss Bros., Kindig & Co., A. W. Strieby & Son, Seider & Burgener? • • • 15 Years Ago. When the Armistice was signed; and hostilities of the World War; Ceased? • • • Ten Years Ago When Fred Hoopingarner, who had ( been in charge of the A. & P. store; in Goshen became manager of the! Syracuse Auto Sales? . 5 Years Ago. When announcement was made of the marriage of Miss Margaret Bon- : ner of South Bend and Roy Klink? Q MAN INJURED AND > FIRE BURNS HOUSE “Bud” Adam Strieby’s Face Blistered When He Tried to Extinguish Flame Which Burned Home .■ . I An. explosion in Dw coal stove iu his house caused “Bub Adam” Strieby’s chouse, south of town, to be entirely destroyed by fire, Friday afternoon, and resulted in Mr. Strieby being burned. I He said, after being brought to town to the doctor by neighbors, « that after the stove exploded he threw water on it and went outdoors for more buckets of water. When he returned the house seemed to be entirely ablaze, and in an attempt to fight the fire he was burned. His face was a blistered, the hair) was burned from his head, and his ■ hands were burned. After being treated at the doctor’s j office he was taken to the home of Bill Starner, but is now staying in Syracuse at the home of his sister, Mrs. Jarrett. Mr. Strieby is 70 years of age. and only a few months ago suffered a broken leg from which he had just recovered. TO PLACE LIGHT NEAR BRIDGE ON SCHOOL WALK After some discussion at its meeting, Tuesday evening, the town board decided to have the Northern Indiana Public Service Co., install a light over the foot bridge on the walk leading from Huntington street to the High School building. The board decided also, to have a guard placed at one of the entrances of the bridge to prevent anyone from stepping into the creek. The light will cost $24.60 per year. At first some of the board members thought that one of the street lights now in service should be moved there, but after discussion it was decided that all the lights now in operation are needed. ALVA GALLOWAY, WAWASEE, IS AUTHORIZED TO NET FISH The state conservation department has authorized Alva Galloway of Wawasee Lake to superintend the netting of predatory fish in that lake and to turn them over to persons. who will use them for food. Bass, ! bluegills, perch, are not to be taken but there are many other varieties which provide good eating. Persons owning nets by permission of the conservation are requested to apply to Mr. Galloway who will use their nets and turn ov6r to them, if they desire, fish taken. Mr. Galloway is in need of nets. The work is done with full permission of the state authorities. 0 : TWIN PUMPKINS James Gilbert brought to the Journal office, Saturday, twin pumpkins, two on one stem which he had found among the California pie pumpkins which he had raised on Dr. O. C. Stoelting’s farm. Saturday evening Emory Guy brought to the Journal office a sweet potatoe weighing five pounds which he had dug from his potatoe crop. o HAVE TONSILS REMOVED Stanley Carr had hto tonsils removed in an operation in the doctor's office Tuesday morning, and Genevieve Kitaon had hen removed ini an operation yesterday.

25 PER CENT OF DEPOSITS BEFORE MARCH 6 WOULD BE PAID IN THREE MONTHS

IF BANK DEPOSITORS AGREE—--25 per cent of the deposits-restrict-ed March 6, 1933, will be released ! during the next three months. All public funds, including township, library and town, will be released. i There will be practically two institutions, one a going bank, able to |do business, the other a trusteed acj count, to be liquidated. I The time required to liquidate segregated assets, those assigned to trustees will be indefinite, probably three or four years. - — . : Deposits to be waivered - will amount to approximately $166,045.47. Assets to be trusteed will amount to about $170,000 par value. New deposits since March 6, 1933, amount to $64,394. These are now held in a trust account and cannot be used in regular banking. If the 1 plan goes through the new deposits _can be put to work. ■ ■ • The trustees will receive no pay for their work in liquidating the trusteed accounts. They must furnish , bond to the Department of Financial Institutions of the State of Indiana. Capitalization of the State Bank of Syracuse is $35,000. -Assets trusteed are to be liquidated to pay off 75 per cent of the deposits that are to be waivered by depositors under the plan. The waivered deposits- are to be further secured byl ■the stockholders assigning to the ‘ trustees all their dividend rights in • the bank- The bank stock liability will still apply to the trusteed assets. - ■ Depositors will have the same assets securing their deposits as before. The bank will be able to do'' business if the plan is adopted, something which has not been possible for some time. If the bank depositors do not agree to this plan—the bank might close and lengthy liquidation proceedings would commence, with little hope of depositors ever receiving 100 per cent returns. i o— INJURED IN WRECK IN GARY, SUNDAY Mrs. Sarah Sophia Sloan, 89, Had Both Legs Broken: Son and Wife Also in Hospital. , Mr. and Mrs. Chauncey Sloan of Fort Wayne, and his mother, Mrs. Sarah Sophia Sloane, aged more than 80, formerly of Syracuse, were seriously injured in an automobile ac-; cident in Gary, Sunday evening; about 9 o’clock, and will be in the hospital there for at least 10 days. Mrs. Sarah Sophia Sloane had both I legs broken in two places, accord- ■ ing to reports sent relatives here, and had to have 13 stitches taken in the cut in her head. Her legs are so puffed and swollen it has been impossible to set the broken bones. The steering wheel of the car broke off against Chauncey Sloane’s chest in the accident and he was painfully hurt. It was feared at first his wife had suffered a broken hip, but now it to said her hip is not fractured, but she is also painfully injured. Their daughter and husband, Mr. and Mrs. Ruby and Richard Sloane accompanied Mr. and Mrs. Chauncey Sloane and his mother to Chicago to visit the fair and the party was on the way back to Fort Wayne when it is said Sloane swerved his car in an attempt to avoid a drunken driver, in Gary. .The machine went down an embankment and hit a telephone pole. Other members of the party, though not seriously injured were bruised and scratched. <j WILL CASE DISMISSED. In circuit court the case of Emma Rentfrow against Milton E. Rentj frow and others, a contest of a will I has been dismissed.

$64,394 New Deposits in Bank Since Closed Last March by Order of Government. Twenty-five per cent of the deposits restricted in the State Bank of Syracuse on March 6, 1933, will be released during the next three months in the plan of the directors is accepted by the depositors. All township and town funds will be released for use. This co-operative plan has been tentatively approved by the Department of Financial Institutions of the State of Indiana, and applies to deposits in the bank, restricted by the Presidential riioratorium and the state banking department, last March. Explanations of the positors agreements will be mailed this week to depositors by the bank officials. The plan, if. adopted, will give Syracuse a Class “A” bank and one that will meet the requiretqents of the Federal Reserve Bank, and make it eligible for insurance of deposits, was the explanation’ of Stephe:. Freeman, president, and A. L. Miller, cashier. ( The plan proposed is to separate the assets of the bank, that is, cash, loans, deposits in other* banks, bonds, bank building, real estate, etc., into two accounts. Seventy-fiv . per cent of the assets rep resentint slow, frozen and depreciated assets, will be placed in the hands of three trustees, to be liquidated. The other 25 per cent of the assets —liqtfid assets—will remain in the going bank. - The" trustees proposed are Mrs. Fannie C. Hoy, representing tL. stockholders, George Xanders, representing the depositors, and Steph en Freeman, representing the bank officials. The new deposits, made since March 6, 1933, amounting to $64.394 are not affected by this co-6pe.-ative plan, except that they - are held in trust now, but after'the ban’, is put back on a working basis these can be used in the banking business and put to work. Depositors of the bank numbering more than 500 will be asked to assign 75 per cent of their deposits as of date March 6, 1933 to the three tru.I tees for the purpose of purchasin-. ; from The State Bank of Syracuse the frozen assets of the bank. Depositors will receive from ,tle trustees participating certificates in an amount equal to 75 per cent <. their deposits assigned to trustees. The trustees, as fast as the asse's are liquidated, would pay to the 'holders of participating certificat. dividends until the amount waivers! - is paid in full. i . Stockholders of the bank, under the plan, will assign to the trustee;: all dividend rights in the stock of the State Bank of Syracuse until su’d-, time as the trustees’, participating certificates would be paid in full. They would also assign to the trustees of the segregated assets, then * 100 per cent stock liability. Plan ‘Will Open Bank. The liquidating plan has been made in order to meet the requirements of the Department of Financial Institutions of the State of Indiana and to open the Syracuse bank on an “A” basis. The department requires that approximately $170,000 in assets be eliminated from the bank in order that the bank continue as a going institution. Approximately $166,045 in deposits will be waivered if the plan is accepted. The plan and even much of the phraseology of the agreements * have been devised by the Federal controller of currency according to the officials of the bank. The same plan has been used all bver the country in opening banking institutions which were in the same condition as the State Bank of Syracuse. After a sufficient number of depositors have signed the agreements to make the plan binding on all depositors, the entire plan is to be taken . to Indianapolis, for final approval by officials of the state banking de(Continued on Last Page)

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