The Bismarck Tribune Newspaper, November 20, 1920, Page 1

==|THE BISMARCK TRIBUNEE= BISMARCK, NORTH ‘DAKOTA. SATU RD. AY, NOV. 20, 1920. BANK DEPOSITS. "ite kons SHOW INCREASE |, Os@ANZatION A.C. Hoeler, one of the Oklahomans Who came to North Dakota to seek | memberships to the National Wheat | Growers association, which is promet* | ing the proposal \that farmers hold | their wheat for $3/a bushel left the Gain of Over $1,500,000 Is Re- | city today. An organization was form- * ed during ‘his stay here with H ported in State Banks Alone | pyomas, of Driscoll, president; Dall: in Report Barkman, of Dr i and Geo. Hed retary-treasurer. RMERS HOLD WHEAT) Forty-one members were enrolled at the organization meeting. It is planned ‘to extend the membership through the county. Hagan Declares Federal Reserve SS Board-Should Extend Their W ATER ¢ ASE IS ¢ Rural Credits North Dakota, one of the first states UP FOR ACTION in the union in per capita wealth increased her bank ‘leposits during 7 the late summef and early fall, ac- MONDAY NIGHT cording to figures of the state bank examiner. Perhaps no state is in better Beg position for the readjustment whicl: Sity\ Commission Expected to is in progress over the entire coun- try. Take Un Future Course. at Deposits in the state, banks. alone Meeting i increased over $1,500,000 between the ak acs. periods of the last compilation of bank ea) deposits. The total deposits in the RESULT OE AMIDON RULE state banks amounted to ~ $216,305,- 402.56( as shown in the statement o{| Decision in Condemnation Case September 8. Depos‘ts have increasei Tak¢s Away One Proposed since that time, it is said, because of i the 4ale of agrieultural products. Method ‘The condition of the banks is about the same as during the same period ii T ourse in WILL CONSTANTINE COME BACK? PRICE FIVE CENTS | constituting every {of two ltoday in a fire which destroyed a ‘7 escape through the hall: NINE PERSONS LOSE LIVES IN APARTMENT FIRE New York, No member but one ‘amilies lost their lives early five-story apartment house at 30’ West 146th street. Fourteen other ‘families escaped or were rescued by firemen. Originating, authorities say, on a | baby carriage on the first floor of the ‘brick structure the fire swept upward through open stairways, cutting off ARMED FORCE 10 KEEP PEAGE OF WORLD IS URGED elgian Dalene at League of Nations Conference Advo- cates Step ‘NOT READY TO DISARM?, Says the World Is Not Ready to Lay Down Iis | Arms 1919, the statement shows. . In addi- tion to the deposite the state banks show a reserve of over $10,000,000 the water company tyatter probably will be qi iscussed at a meeting of the | city commission to be held Monday The deposits and reserves of nationa’ | Might. banks would increase the total many The city commissioners are expect- millions, it is stated. xl to take up the question of the The loans and discounts ‘of the| Purchase of the water company’s plaut state banks are shown to be less than iy barter. or arbitration. ae were the total amount of deposits in the | ‘hree courses open to the city today, state banks, though the amount of the} ,° Stated by Mayor Lucas following loans imcreased. $16,000,000 over. the | t8e decision of Judge Amidon, given in same period in 1919. Fargo yesterday. They are purchase by direct negotiation jor arnitration, Surplus Over $5,000,000 seeking legislation to permit court ac-! The surplus reserve of the state| tion to acquire the plant or to build| banks is $5,712,862.84. an independent plant. H All of North Dakota's readjustment} Judge Amidon held that the problems could be solved if the fed- eral reserve board would extend cred- its to rural banks to enable farmers demnation. The city still has a swt in federal court to cancel the fran- hise of the compan’. but the to hold their grain until prices in- x crease, in the opinion of John Hagan | Wing of Jydge Araidon is held to SPHCTATORS IN Wh COURT THE JURY | police art CALL TO STATE lowed the spectators to write the commissioner of agriculture and la-|Preclude the determination ot the price which the city would pay for} bor. : + “If the federal reserve board ade | TS,Piant DY iuny in court ction, treasurer of the United States would |i.n4 those wh® apneared. before the as permitted and contemplated by tlic nmission Monday asking for arbi- | federal reserve act, extend credit to} tration were considering ‘the situation | agricultural cémmunities the strain | tgqay, &. T. Burke, chief spokesman Mpon; MARY: ate o a could be lifted i.) tor those asking arbitration, was owt i a few days,” he said. ; of the city this morning. There are Instead of extending credit to tho) same others who believe the question producers of grain, the federal re-|o# -abritration should be. taken up serve bank is extending it to the! Monday night by the commission. Th» handlers of grain. The reserve bank | .ommission has not formally acted on was giving credit in rural communi-|the matter of arbitration. ties but has recently withdrawn it! “andrew Miller, ttorney for the Bis- and given it to the middlemen who| marck Water Supply company, de- ‘are beating the price down. clared today that] the victory for the Thinks They’! Hold company in the federal court yesier- , Mr. Hagan does not believe that the day had not changed the attitude of | financial situation will result in the farmers disposing of their grain at present prices. All who sell now are selling at a loss, he declares, The situation arising from the de- | tration. crease in grain prices has disturb aE ERSTE | North Dakota perhaps less.than mau FLOUR FALLS TO | | n; He asserted the com pany still was willing to let the city | jacquire the plant on the same terms the price to be agreed upon by arbi- other agricultural states, in the opin- ion of bankers and state officials $8.90 A BARREL With deposits in state banks alone 9{ $126,305,402.56, and immense stores 9! IN MINNEAPOLIS grain, and the ‘lignite coal industry booming, the financial position of th: state never was better, they say. Though the initiated law permitting the withdrawal of public deposits, ex cepting state funds, from the Bank of North Dakota becomes effective Dec. 2 and has been the center 9 making tote much discussion, there are not mar to 39 60 a@ barrel ‘when sold in bankers or business men who believe 110.7 ots, in. 98- pound “cottons HO Ee Si omalllone THe pantie de: The market followed the action posits which will be subject to with- wheat. yesterday, millers said. drawal are considerably less than 1 per cent of the bank deposits of the IRISH QUIZ IS" IS Minneapolis, Nov. 20.—Marked de- clines were registered in the flour, market today which brought quota- tions under $9.00 a barrel, for the fi r- on of Situation Discussion of measures to be take: to provide an equitable adjustment of the distribution of public funds when the measure becomes effective will be discussed by members of the Slope Bankers’ association at a meet Washington, “No ceiving more reports areland resulting from the movement rn rs N, |for independence trom both Ameri-; ing to be held in Mandan Nov. 23 can and Irish witnesses at the sec- An invitation to all state bankers | ong day of its hearing today the com-| and treasurers of public funds to be | nig, present has been extended. It iS| vestigating the question late yester-! pointed out that if the public funds] doy adjourned over Thanksgi 20.—After re- of North Dakota, if no one bank has! rst week in December subject to th too great a proportion of funds, ther-|¢a'] of Frederick C. ‘Howe, commis would be no disturbance even if th? j gion chairman money were withdrawn. However, N is the intention of the conference tc| THE CRAN ” evolve a plan to accomplish the tran- GETS H sition, which was willed by the voters J Te of the state by a-big majority. and for LIFE IN PRISON | which 16,000 Nonpartisans voted, to prevent any embarassment to th» Pascal alias Pasquale. “the crank,” Bank of North Dakota or any othe-|i, the Coughlin kidnaping case, wa institujion; ny ’ sentenced to life imprisonment thi: Beach Bank Closes morning by Judge Swartz in Norris The Beach State bank, of which ‘| town court. Pascal pleaded guilty at J. Alguire is president, closed its| nis trial to second degree murder and doors yesterday, the state bank ex-!kidnaping for extortion. He stole aminer announced. The deposits of| Blakely Coughlin, the 13-months-old the bank were $181,379.60. Inability | haby of Mr. and Mrs. Geo. H. Coughlin | to liquidate farmers’ notes waS given! from their home near Norristown on} as the reason for closing. It is s be reopened. i er eee nar FIRE CAUSE OF BANK STATEMENT $2,000,000 LOSS CALL IS ISSUED Z New (firlcans, Nov. Nov. 20.— Damage Washington. Nov. 20.—The |estimated at about $2,000,000 was comptroller of the curre’ 4 day of all national banks at the cle day which ¢ was started b of business on Monday, Nov. 1é. | ing engine. exile in, ain and F ‘land, devoted to intrigues and plots against Venizelos, ex-Kin stantine seems on the point of drop: son-| Switzerland recently Lloyd George | P g Con- | per toward , is hard to | G08 Venizelos by Hor siantine forces in the recent ele seem to mean that Con antine will return to , Whether he or one of his s the throne which he has been “voting y. But the defei 2s the could not agquire the plant-by con-| 16, Toledo, 0. Nov ie t time,’ it is sa “local courts Of the 34 ballots ed “not guilty lowed custom of obs 1 prayer. So ; and popular Premiers of France and Great a da Britain Will Probably Meet Gar’ during the har in London 1 time in four years. Reductions Fiano of 40 to 75 cents a barrel for family ly, will probably meet in Lon i conference which is consid e of the serions sil ~ {patent were in effect by the mills] for range of prices $8.90 nece uation in the T he conference 108 ill determine on | tions “the de fet of tus of the Greek of Sete | to diseuds 8 PUT OVER UNTIL i jof IN. DECEMBER | he esmnonol | with the Turk consequences of of conditions in eral an Bolsheviki in the n sh nationalis of the | r Frenth am-led, dh hassador to Great form antine to the Greek thr eeeen - a ng. The would be ‘ now are distributed fairly by the Bank |}, earings will be resumed, probably the' such a step wer hould be warned the alli sion of the committee of 190 in- qay iSUGAR PLA NTS CLOSED DOWN ' [iass ¢ Norristown, Pa., Nov. 20.—August finer f fining company have been closed as for POST-SEASON COMET PLANNED | be ST Boenbe Vy a the y -Po: between niversity of Oklahoma and Ohio slop into a Big | inter-conference id| June 2 and smothered the infant un-. pjjj the bank may pay out in full, or even|der his coat. the U [State which might ¢ Ten-Missouri championship gave “an impetus to the ootball closing stages» to the yeu r campaign in the Mi: A tenuutive offer for a game be- | at Columbus ance opyese Constantin kicked off the throne be ahd his wite were pro-£ y snubbed the ex-king, whom he led to the e Veniz been le in the palatial Swiss iote! t of his time in Brit-}a suite at the beaut TANKSGIYING "ATION mark- | The prisoner on | Executive Points to End of trial for alleged bribery was de- | elared not guilty James Austin, Legal Holiday ; ihe judge, | War—Day Proclaimed a | { | The following Thanksgiving day proclamation has been jssaed by Gov- jernor Frazier more ch ceeding gen- er atlons than the beautiful, time-hal ing at both our > that a legal holiday is this observance t and national laws y b aside It is fitting that this oc 5 after | the crops are garnered, and when ali | nature has sen on its bexutifal au tumn colorings. r Georges “North Dakota has much for which to thank a kind and beneficent Pro- vidence. No a tive malady | invaded our homes or threatened the "public health within the y Ow ee country at peace the darl clouds of war have vanished. Truly the defenders of dermoc cy ‘have beaten their swords into plow-shares nd their spears into pruning hood int0 ness be established and main Virol neue the rth that pec ny may prevail “With thankful heartsjand reve pirits we again approach the seasc when thanks and prayer are wont to be offered. Therefore in accordanc with the ents of th and in order that the uteful people be offic itted Thursday. November ater 1192 A Day of Thanksgiving and Prayer } and call upon all the people to lay)” said ‘flaside their accustomed tasks ani} Greece j business ther in their homes mld DEY and place ship to [thanks to A od forthe blessings we ie guidance that the . by co-op- sion with all up agencies s s to come ance | good things vouch, ““ferating in this the | es aud other relixions ons i thus ex- e Office in t narck on the 19th of ou neteen Hundred and 1 Independertce of th a the one and of the the thirty-first. “LYNN J. FRAZIER, (Seal) Governor. 3y the Governor: THOMAS HALL, retary of State.” ape: North Dako! a jtne world was not yet ready for d ; armanient. tional at Lucerne. the family snapp seated (left to ri , Prince George. early in the) war, While im | | |and armies be comprised in an inter-!to testify before the Walsh congres- s having a hand in the plot- jand . the morganatic Ww marriage to the king has just beer +s!upheld by the court at 4 ‘nt months in} is expecting an heir who may some | nia, day take the throne. “HUSBAND ASKS FOR ALIMONY Columbus, “On Nove 20.—Alleg- that he is “getting old and Hotel Na- | yes ord ited a sult for Mtvaree against his wife, Ruddla Macino, The eged husband states that his wife is much younger than FINE WEATHER REPORTED OVER THE NORTHWEST Temperatures Are Not Far From Normal, Re- ports Show hed heirloom has | was basking according to | United States weather | reports to the has been parti The weather Much colder and more points several The November weaier diffe ent te the God grant that justice and righteous | imum for th gone above th > weather bureat his and in 1887 it reached its high- iL above on Nov. n November was at 8 o'cloc jit he will take the Phil "/made to him recently at the Kansas meter in November, according to the } tled weather for tomorrow and the | for next week pre-| iaibal sore WEATHER REPORT For twenty-four hours ending at noon, Temperature a = 2 83 36 83 2 Precipitation North Dakota: Unsettled with An international Geneva, Nov. 2 ) military force with en international (staff was proposed to the! a ,of the league of nations by Senator jnenri l jdeooation, voly Fontaine, of the Belgian Senator La Fontaine had somewhat! Staruea the assembly by declaring “It is necessary to the people that the time for d ment has not yet come,” he said. Betore the world could disarm, he added, “entirely different ideas than ma- iy | those that prevailed before the war must be inculcated and applied. He proposed that the armament ! national force, with an international! ff, ready to be used in the cause of right,” in such a case as arose from the present situation in Arme- WOULD REVISE COVENANT Geneva, Nov. The first format |step looking toward the revision of ‘the, covenant of the | sue of nations was taken by the assembly of the ‘league at today’s session. The Dutch minister of foreign affairs, H. A. Van Kankarnabeek, intgoduged a resolution for constderation tit asticie~ 05, nay * ing to do with the registration lof treaties. The resolution provided that the reconsideration be conducted by the assembly itself or by a committee. SEE U.S. A. MEMBER Geneva, Nov. 20.‘Hope that “with- out too much delay” a way will be found for the entry of the Unitec States into the league of nations i given by the declarations of Presi- | dent-elect Harding, it was declared in an address to the assembly of the league/today by Tomasso Pitponi, for- mer minister of Italy. The league, answered Signor Pit- jponi, “will never be a league of na-} tions unti} alj the nations without ex- ception are included in it.’ * BRITAIN HELD GIVING SOVIET RECOGNITION Washington, Nov, 20.—In the view of state department officials virtual de facto recognition of the Russian Soviet government is extended by Great Britain in the proposed trade agreement between the two countries A copy of the agreement has been r¢ ceived at the department. "MIKE KELLY HAS PHILLY OFFER St. Paul, Nov. 2 20 St. Paul baseball fans today awaited the decision of Mike Kelly, manager of the champ- ionship St. Paul team of the A. A as to whether the will sever his con- | nection of the local club to accept management of the Philadelphia Na- tionals to replace Gavvy Cravath. Kelly has until late today to decide 5’ offer, City baseball meeting by W. F. Bak- er, pregident of the Philadelphia team. SANDMAN STORY TO APPEAR IN ‘EACH TRIBUNE T look every night in vain for a sandman story in your paper. T would like it very mueh iv you would put one in the paper for Tam sure the children would enjoy it very much, Catherine Gorman, 120 Hannatin avenue, Dear Miss Katherine: - You shall not’ look in vain longer for the sand 1 story. Jt will appear in The Tribune each evening, on the editorial page, as long as the lady who writes the stories write them, They are named Adventures of | Twins.” We hope you »|| them, and all the children will | like them, and we would be very | “{| glad to have you tell us if you do. The first of these stories ap- 20.—Nine persons } , frankly to; Dear Editor: i (serve in i Paris, Nov. 20. | WILSON’S KIN GOT BRIBE IN DEAL, CHARGED Bolling One of Four to Benefit by Shipping Board Scandal, Banker Says GAVE “UNUSUAL FAVORS”. | High Official of Board to Be Called Before Congress- ional Committee New York, Nov. 20.—R. W. Bolling. brother-in-law of President Wilson and treasurer of the shipping Hoard was named in connection with a $40,- 000 bribe alleged to have been paid by a Staten Island ship building com- pany to procure unusual favors from the board in testimony before the con- /S8ressional committee investigating shipping board affairs. Tucker. E. Sands, former vice-pres- ident of the Commercial National ‘Bank of Washington testified that it was his “understanding” that $1,800 he “loaned Bolling against his note” {and of which Bolling already has paid back $500 was part of Bolling’s share of the “$40,000 bribe” of the Wallace ‘Downey shipbuilding corporation for unusual shipping board favors. Sands said that the-$40,000 he un- derstood was to be split four ways between himself, Bolling. Lester Si ler, former shipping board secretary; and a man named Kramer. Sands admitted that he had, in an interview with Alfred W. McCann, re- porter for the New York Globe, made allegations of the alleged bribe which were incorporated in an affidavit, a | photo- -static copy of which was sub- ‘mitted to the board today, prepared for his (Sands’) signature. \ New York, Nov. 20.— Present and jformer “high officials of the United States Shipping Board will be asked sional commission now, investigating the board's affairs. it was indicated. | During the session yesterday, Wil- jliam Denman of San Francisco, who was the first president of the Emerg- ‘ency Fleet Corporation, and the first ‘active head of the Shipping Board, and around whom much of the “wooden ship” controversy of 1917 centered, appeared and volunteered to testify. He was informed by Chair- man Walsh that the committee ex- pected to hear all of the officials. Denman was told the committee Would: heay him. before “he returned to the Pacific coast. Foltowing’ the Thanksgiving holidays the members of the committee expect to go to eu for the opening of con- [ee BREWERIES 70 FACE SEIZURE. (FOR VIOLATION 1 | Internal Revenue Department | Indicates It Will Act on | Violations | Washington, Nov. 20.—All brewer- ies manufacturing beer containing more than one-half of one per cent. of alcohol will be seized by the fed- eral government, it was indicated at the bureau of internal revenue. Officials of the bureau said an analysis of beer \brewed in a number of plac was now being made and that where the product was found to jexceed the legal limit in alcoholic ; content the government would act to enforce the law. | DRY LEADERS PROTEST | Washington, Nov. 20.—Prohibition ileaders today protested to the gov- ernment enforcement orders against the re-i ing of wholesale permits |to wholesale liquor denlery to handle | intoxi ting liquor. The claim was made ae Wayne B. Wheeler. counsel’ for the anti-saloon league, that uance of the permits to liquor dealers, not manufacturers or wholesale druggists, was not au- thorized by the Volstead act. ‘BANK RESERVES 12 MILLION IN EXCESS OF NEED New York. Nov. 20.—The actual ;condition of clearing house banks and trust companies for the week shows that they hold $12,470,380 re- of legal require- a decrease of $19,- st week. ments. This 735,800 from 1: ‘| ‘SCHOOL TEACHER IS SUSPENDED is$ \ Frances 1 school, was Chicago, Nov. 2 Lloyd, teacher in a loc | suspended today by Supt. Mortenson |on charges preferred against her by | Mi Mary Taylor, principal, that | Miss Llo: ignored the instructions ;ot the school board and caused the | pupils of her room to be the only {school children in Chicago who were |deprived of the opportunity to pay tribute to the nation’s dead on Nov. RI AT MASSACRE — The total number of rats killed in Paris since the open- of the offensive tember 1 101,458. No rocord has 53