The Bismarck Tribune Newspaper, October 2, 1919, Page 1

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[ ay CK TRIBU THIRTY-NINTH YEAR, NO. 226. BISMARCK, NORTH DAKOTA THURSDAY, OCT. 2, 1919. LEAGUE BANK WITH $734,000 IN oe EXCESS LOANS CLOSED BY BOARD REPORT OF EXAMINERS SHOWS REDS ANNEX SECOND GAME IN WORLD! SLIM SALLEE THE IRREPRESSIBLE SERIES—SLIM SALLEE HIT FREELY BUT HE KEEPS EM WELL SCATTERED Cincinnati Nationals Again Take Chicago White Sox Into Camp, Scoring Four Runs to the Visitors’ Two—Quartette of Hits for Moran’s Men Made Worth Round Trin Apiece—Gleason’s Pets Connect With Pill Ten Times and Send But One Pair Around the Circuit. and Rariden. CINCINNATI, 4; CHICAGO, 2 The Score: R. H. E. Chicago ........00000002 0210 1 Cineinnati -00030100x4 4 2 Batteries—Williams and Schalk; Sallee Redland Field, Cincinnati, 0., Oct. 2.—Scoring only four clean hits off Williams’ delivery, but making every hit count for a run, and in spite of ten bingles made by the White Sox off Sallee’s delivery, and notwithstanding two errors checked up against the National league ghamps, the Cincinnati Reds this afternoon an- nexed the second game in the world’s series by a score of 4 to 2. The Reds had their big inning in the fourth, when three men rounded the circuit. Williams pitched stellar ball from start to finish, and had his support been perfect the fatal third inning trio would not have been record- ed. Sallee was touched freely by the Sox, but the wizard of the mound kept his hits scattered, and Chicago succeeded in annex- ing but two runs out of its ten bingles. All the:Chicago scoring was done in the eighth. The Reds’ fourth run came in the sixth. 5 Schalk was again behind the bat for the Sox, while Rariden caught for the’ Reds?" From a’ pitching standpoint the victory. belonged to Williams, the etry Sox twirler having.complete con-| trol over his delivery from start to finish. Sallee had a streak of the luck or science that stood him so well in hand in his great days with the New York Giants. He allowed the Sox to hit the ball when a hit would not change the aspect of the score board, but when the Sox could have turned hits into runs Sallee teased them with twisters which they could not touch. It was a lucky day for Cincinnati all around, and even its errors were not of a fatal sort. WILLIAMS VS. SALLEE Cincinnati, 0.,' Oct. 2—With the Cincinnati Reds, National league pen- nant winners leading by the sum total of one game won, the world’s series of 1919 in which the Chicago White Sox are the other contenders will be re- sumed here today.| The weather man predicts fair weather for the second contest. Manager Gleason indicated that he would pitch Claude Williams, his star left-hander. Manager Moran an- nounced that “Slim” Sallee would be on the mound. The winning of yesterday’s game had one noticeable effect on the Cin- cinnati fans. The railroad offices were crowded all of- last night by local baseball enthusiasts eager to get ac- commodations to Chicago to witness the first three games to be played there Friday, Saturday and Sunday. That yesterday’s game upset predic- tions was indicated by the fluctuation of the betting oddsf/ even money on the Reds finding few takers and odds being demanded by those who still be-. lieve the Sox will ultimately prove vic- tors. There is no gainsaying the fact that the Reds outplayed the visitors in every department of the game yester- day, but many who have watched Comiskey’s aggregation in their pen- nant fight maintain the team will show true worth before the series are over. The series will almost certainly break all records relative to the amount: of money taken in at the gates. The first day’s receipts were more than $21,000 in excess of the high records of first ‘a fd receipts of a world’s series game when the Phila- delphia Athletics played in New York in 1911. At that time $77,359 was taken at the gate while yesterday 398,778 was the gross return and this does not include'the war tax collected. The usual midnight attendance at the bleachers gates, those who are prepared to wait 14 hours in order to get the best seats that the bleachers and. pavilion afford were in evidence, Toward. morning the crowd became even larger than that of yesterday. Sa Oe H. G. Wells, is reported to be writ- ing a 350,000 word history of the world. The costliest watch in the world is a jeweled timepiece in the possession of the pope, which is estimated to be worth $300,000, (Sn Ea epee f What Do You Know 7 About Covenant of League of Nations? Do you really know what you are talking about when you discuss the league of na- tions? Most of us do not. We are instinctively “for” | or “ferninst’” the league. Few of us know why. Today The Tribune pre- sents the full text of. this fa- mous document-on Page Six. Read it and know whereof you speak. a2 WILSON NOT $0 WELL TODAY, |S CAPITOL REPORT Dr. Grayson Called Philadelphia Neurologist Into Con- sultation Washington, D. C., Oct. 2—Despite a fairly good night’s rest President Wilson was not so well this morning and Rear Admiral Grayson has calle in consulation’ Dr, F. X. Dercun, a neurologist of Philadelphia, The calling in of the nerve specialist was decided upon by Dr. Grayson yes- terday and Dr., Dereun is expected at the white house today. The president’s condition is not con- sidered alarming, it was asserted at call in Dr, Dereun was made as pre- cautionary measure and to relieve the pressure on Dr. Grayson who has been with the president almost continually since he was taken ill a week while on a speaking tour, SENATE VOTES 58 10 30 ON FIRST COVENANT TEST Senator Fall’s Amendment Re- jected by Ballot Regarded as Indicative | Washington, Oct. 2.—Taking its first action on committee changes in the peace treaty, the senate today re- jected an amendment by Senator Fall, republican, New Mexico, to eliminate the United States from membership on the committee to determine the boundary between Germany and Bel- ium, The vote, generally accepted as a test of the senate’s attitude toward more than 30 other committee amend- ments of similar nature, was 58 to 30. PARIS RATIFIES PEACE Paris, Oct. 2.—The chamber of dep- uties today ratified the German peace treaty by a vote of 372 to 53. The chamber then took up treaties between France and the United States and France and Great Britain. The Franco-American and Franco-British treaties were unanimously ratified. A total of 601 votes was gast for the two treaties. Excavations indicate Egyptians played ball 2,000 years before Christ. Reconstruction of the roads jin France will cost nearly $400,000,000, it is estimated, the white house and the decision to| Harry F. Sallee will be 35 years old! next Febriary. He is one of the old- est men in major league baseball to- day. He was with the St. Louis Car- dinals for eight years before being sold to the New York Nationals in 1916. He had his greatest year in 1917, when he won 18 games and lost but seven and was instrumental in winning the pennant for New York. That he has lost none of his old-time pep was proven in the great game which he pitched for the Reds today. ~~ ‘SENATOR REED IS GIVEN OMBLET BY OKLAHOMA TOWN Ancient Eggs Showered on Solon Who Attempts to Speak Against League Ardmore;*Okla.; “Oct. ”2.-Whether an official investigation would be made of a demonstration here last night which resulted in the throwing of eggs at United States Senator James A. Reed of Missouri, who was on the platform at convention hall to deliver an address in opposition to the peace treaty and league of nations was the subject of considerable discussion to- day. The demonstration followed a mass meeting Tuesday at which reso- lutions were adopted censuring the senator for his opposition to the league of nations covenant. Last night’s trouble began almost as soon as Mayor William Freeman had risen to introduce the senator’. Mayor Freeman was in the midst of an explanation that he was introduc- ing the speaker because he was mayor of the city and not because he sup- ported views of those opposed to the league covenant when the lights went out and volleys of eggs hurtled to- wards the stage. When the lights were restored it ‘was found that virtually none of those on the stage including the senator, the mayor and members of the recep- tion committee had escaped the ef- fects of the eggs. Later officials attempted to con- tinue the program but the crowd re- fused to listen. Efforts by Senator Reed to deliver his address were met with jeers, hisses, cat calls and cheers for President Wilson. Finally the meeting was abandoned and ‘Senator Reed was driven to his otel, RAIL BOARD HEARS COMPANY’S PLAINTS “The state railway commission re- turned today from Velva and Balfour, where hearings were conducted Tues- day and Wednesday on applications of the local electric plants for an in- crease in rates. The companies con- tended that their ‘present tariffs do not suffice to meet expenses and that unless relief is granted them in higher rates they must suspend operations or | suffer great financial loss. BURNSTAD SHIPS FINE HEREFORDS Cc. P. Burnstad, the Logan county rancher, is shipping a colid train of twenty carloads of Herefords weekly to the Chocago market, where they are bringing top prices. Burnstad has had an unually good range for his’ cattle during the last summer, and the steers which he is now shipping RBAL BASEBALL AND TEAN-WORK MADE WHITE SOX Fans Confident That Chicago American Champs Will Come Back Strong Chicago, Oct. 2.—Real baseball backed by real teamwork; that is what experts on the national game see be- hind the 1919 American league pen- nant victory of the Chicago White Sox, who today are awaiting a second chance to demonstrate their baseball ability against’ the National league contenders for the world flag. But team-work is not the only thing, they say, that has brought about a winning aggregation. They point to.Eddie Cicotte, with his;famous knuckle and shine ball, as a big reason alone for the position of Comiskey’s mighty baseball machine. He is declared to be the pitching mar- vel of modern baseball, winning some- thing like 30 games this season. With- out him, they say, the White Sox’s chances would not have been so bright. Of course a‘pitcher cannot do it all, experts declare in naming Catcher Ray Schalk as another reason for the victorious work of the White Sox. He, they contend, has had much to do with turning many a defeat into vic- tory by his quick headwork, for which he has been noted since his leap from the minors to the Chicago club: eight years ago. But the man named as the person chiefly responsible for the success of the White Sox is Manager William “Kid’”" Gleason, who has batted) for a perfect average as leader of a gather- ing of temperamental athletes. One baseball critic in calling attention to his work said: “Gleason. has built to almost base- ball perfection the team that stands are fat and in primg codition. BOILED FISH BY THE OCEANFUL AT POINT WHERE MA STREAM OF FIRE POURS INTO SEA Hilo, Territory of Hawaii, Oct. 2.—(By the Associated Press,)— A stream of lava 1,000 feet wide is flowing into the sea at a rate of from 20 to 80 miles an hour from the crater of the volcano Mifina Loa which burst into eruption Saturday. The stream of lava is now a virtual river from 20 to 30 feet high. Where the lava flows | into the sea the waters are boiling (Continued on Page Eight) UNO LOA’S GIANT for one-half mile and are strewn with dead fish. The sides of the flow are banked ‘up by\cool lava and red hot bould- ers carried in the stream explode when they hit the water, Proper- ty damage resulting from the act- ivity of Mauna Loa has not been large although some forest and a few houses have been- destroyed, The lava flow is mostly through\s barren country, anes puede an outcry, GREAT LIBERALITY IN CREDIT TO TOWNLEY’S ENTERPRISES On reports from two state examiners and Assistant Attorney General Albert E. Sheets that excess loans tothe extent of $734,194.82, for which “liberality and optimism constitute the principal security’. were carried by the Scandinavian-American bank of Fargo, principal repository of Nonpartisan league funds, that institution was closed this morning by the state banking board and P. E. Haldorson, deputy state examiner, and one of the men who made the examination at the direction of Attorney General Langer, was named temporary receiver. His bond was fixed at $100,000. The Scandinavian-American bank of Fargo has liabilities aggregating more than $1,600,000. Heaviest borrowers listed are the National Non- partisan league and three league subsidiary corporations; the Consumers United Stores Co., the League Exchange and the Publishers National Ser- vice bureau, the report of the examiners show. All told their liabilities to the bank are placed at $482,956. ; The first item in the list of excess loans is $170,000 to the Consumers’ United Stores Co. The Scandinavian-American bank has $60,000 capital and surplus, and under the state law may loan only 15 percent of this amount or $9,000 to any one individual, person, firm or corporation. The bank examiners’ report says: “The Consumers’ United Stores Co. has a line of credit extended thru a system of individual loans to 23 individuals aggregating in all $170,000. The individual paper is given for accommodation purposes-only, and is secured by notes representing farmers’ liabilities in the sum of $100 and $50, together with post-dated checks of $32 and less, amounting in all to $554,364.88. It should here be noted that it was impossible to make an examination or even check this vast amount of collateral, and that the figures of the bank have been taken for the purposes of this report as cor. rect. It should also be noted, however, that $291,435.55 of the above notes and post-dated checks are not now in the bank but are in the hands of the Consumers’ United Stores Co. TROOPS RESTORE QUIET AT LATEST RIOTING CENTER Governor Brough With 500 Sol- diers Eases Tension at Elaine, Okla. OMAHA SUSPECT IS HELD Negro Charged With Assault on White Woman Placed Under Arrest Helena, Ark., Oct. 2—The arrival this morning « laine of 500 troops accompanying by Governor Brougi somewhat eased the tension of the} situation brought about by yesterdays race riots in which three white men were killed, three wounded and an wn- known number of negroes killed and) wounded. While the fighting which had gone on intermittently during the day ceased at dark, armed deputies patrolled the streets of Helena prepared for renewal of attack from a band of negroes said to be hiding in the cane break about the town, The arrival this morning of troops equipped with machine guns was ex- pected to prevent a recurrence of the rioting, which residents had feared would come with day break. The arrest of 20 alleged instigators of the rioting which followed the shct- ing from ambush of a special railroad officer and deputy sheriff is also he- lieved to have removed a great deal of the source of the trouble. The 20 prisoners who were brought here and placed under heavy guard included 0. S. Bratton, white, and several negro women. Bratton, charged with murder ; in connection with the death of W. A. Adki special officer, the first victim of the disorders, is said to be the sun of Hugh §. Bratton, Little Rock a- torney and former postmaster. OMAHA SUSPECT ARRESTED Omaha, Neb., Oct. 2.—One negro suspect was under arrest today in con- nection with the attack on Mrs. H. G. Wisener, white, yesterday afternoon. Military authorities refused to say where the negro was confined or the extent of the evidence against him. The crime, one in a series of 38 similar crimes since June 1, occurred within a few blocks of army headquar- ters where a machine gun was mount- ed. News of the attack was withheld in the afternoon papers at the request of Major General Leonard Wood. The number of troops in the “black belt” was doubled immediately fol- lowing the crime and 600 soldiers are today on duty in that section. The attack on Mrs. Wisener occur- red at three o’clock at her home on the edge of the “black belt.” She was cleaning windows when she was at- tacked and a cloth thrown over her face. Her two children, 8 and 12 years, spread the alarm. After being bound the woman says the negro threatened to kill the children if she + Albert of Belgium, fact. collatera}_at. all,” report the gard such collateral. The other notes, is estimated to be worth $170,000. Second in the list of excess FARMER'S WIFE | FINDS $150,000 LYING IN ROAD Pipestone, Minn., Oct. 2.— Authorities are investigating | a persistent’ report that a farmers’ wife found a satchel || | in the road containing $150,- | 000 in gold, currency and | | Liberty bonds, a few miles south of Pipestone. It is | said the money was the booty |! of bank robbers who recently | | have robbed several South | Dakota banks. | > —+ BELGIAN ROYAL COUPLE GREETED BY NEW YORKERS Royal Reception Accorded King Albert and Queen Eliza- beth in Gotham New York, N. ¥., October 2.—King Queen Elizabetn and Prince Leopold received a noiey welcome to New York when aroused after dawn by the firing of salute as the transport George Washington steamed past the cutter harbor Forti- fications, The George Washington: ar- rived off Fire island light ship at 5 o'clock yesterday. A flotilla of 12 destroyers escorted the George Washington! up the bay to her pier at Hoboken this morning. As the ship came up the harbor salutes of 21 guns were fired from the coastel fortifications. In response the George Washington broke out at her mast head the flag of the Belgium royal fam- jily. | Welsh coal wasn’t used outside Wales a century ago. The first ship- jranging from $2,149.34 load bought for London cost $1 a ton and was sold for $4.50. Ambergris is worth more than twice its weight in gold, “In our opinion these post-dated checks are not in law or in state. examiners,-and»they-disrey collateral, consisting of farmers’ not to exceed fifty cents on the dollar, which would leave security of $131,500 for the loan of loans is an item of $148,824.26, representing loans to the National ‘Nonpartisan league. “The National Nonpartisan league line of credit,” says the bank examiners’ report, “consists of 22 individual notes ranging in de- nomination from $840 to $8,000, and aggregating in all $148,824.26. A consideration of the names of the makers of these accommoda- tion notes will illustrate that the same condition attends the exten- sion of this line as has formerly been explained in the line of credit extended to the Consumers’ United Stores. “The security held by the bank as collateral for its loan made to the National Nonpartisan league for $148,824.26, consists prin- cipally of post-dated checks in the sum of $274,664.01. There is also 57 shares of the People’s State bank of Hatton bank stock, with an estimated market value of $115 each, amounting to a total of $6,555. In addition to this Consumers’ United Store Co. bonds in the sum of $20,000 are held as collateral.” ” The League Exchange “This loan consists of $66,- 182.21 and comprises nine notes to $9,000, aggregating that total. The security which the bank holds for this advancement com- prises farmers’ notes of the kind previously described, with a par value of $20,181.58.” There is also 248 shares of stock in league banks at Courtenay, Hillsboro, the Scandinavian-American of Fargo, the People’s State bank of Grand Forks, the. People’s State of Casselton and the First National bank of Sheyenne. The report shows that the league “at the very best’ holds only a second lien on the stock of the Hatton bank, which is in- cluded in the security offered for the National Nonpartisan league loan of almost $150,000. Of the League Exchange se- curity, the report says: “Taken at its face value, the collateral does not come within over $6,000 of being sufficient to cover the face of the loan. It is our judg- ment that this loan is not only. excessive in the extreme but that the collateral is wholly in- adequate.” PUBLISHERS’ NATIONAL SERVICE BUREAU “This loan,” says the report, “amounts to $47,950.06 and is covered by accomodation paper running from $1,000 to $10,400 in notes signed by the Publishers’ National Service bureau, J. W. Brinton, president, and F. B. Wood, president, for security of this loan $74,000 ia farmers’ notes of the character already described. That this loan is excessive in the extreme is apparent on its faco. In addition to this it is our opinion that the collateral behind it is entirely inadequate.” ‘ H, D. HAGERTY “This loan consists of six notes rang- ing from $4,588 to $10,000 and ager>- gating $47,088. This. loan went into the bank in the | (Continued on Page Four.) The bank has *

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