The Bismarck Tribune Newspaper, October 3, 1922, Page 3

ot LAMONT IS OPTIMISTIC. OVER FUTURE Declares that | Hurdle of Low} Prices Is Easiest One To Jump New York, Oct. 3.—A picture of America, recovering from the “rude buffets and deep wounds” of 1917 to 1921, and “with characteristic courage, binding up her» bruises, and sléwly moving forward, to new goals” was drawn today by” Thomas Lamont, associate of J. P. Morgan, in an address before 10,000 dele- gates at the convention™ of the American Bankers’ association, “But we have not yet caust for unbounded confidence,”’ he caution- ed the bankers. “We must, not*for- get that before the race is‘won, we still have some high hurdles to! jump.” These bars in the path of full} prosperity, he enumerated as low | prices prevailing for farm products; labor strikes; the soldiers bonus; the new tariff act, and the foreign situation, with respect to repara- tions, allied loans and international trade. Mr. Lamont ‘sought to console the farmers, who, he said, complain that “though this is a big season for crops, our net money gain will be small.” “I shant attempt to argue the point of lower. prices,” continued the financier. “But I never knew a country to go broke because of its abundant crops. So, even! though our farmers suffer disap- Pointment, I think the low price hurdle the easiest one to jump. The farmers had high prices in 1919 and 1920, but the aftermath was a) serious one for them. In the long | ! Turkish forces. Every type of ete craft available was utilized by Smyrna residents in their mad rush from the city to escape the Moslem invaders. barge shown here carries. the effects of a dozen families. Scene at one of the quays in Smyrna, where thousands of refugees | rushed with their belongings in an effort 10 escape the approaching dent, although other flyers made frantic efforts to warn him of his danger, Captain Skeel circled over Lake St. Clair for half an hour, then returned to the field’ ue crashed in landing. FLOWER DAY “Forget-Me-Not Day” to be Conisdered by Disabled Veterans: Chapter Plans for “Forget-Me-Not, ! Day” which is set for November 4, were discussed at the meeting of the local chapter of Disabled Veterans of the World War held-last night in the offices of the Workmen's Compen-| sation Bureau. Forget-Me-Not Day correspOhds to Poppy Day ‘of the American Legion. Forget-Me-Nots will be sold and the The terest of men disabled in the World War. Mrs, R. A. Tracy who is the. Bis- marck chairman for, forget-me-ngt day. was present at the meeting and outlined to the members present some of the plans for making the day a success. ernment to all soldiers who /were disabled in action. It represents: Co- | jlumbja with drawn sword béfore a background of the American flag, | | knighting a kneeling uniformed sol-/| {dier, The large lithograph has this | inscription: “Columbia gives to her [Son the accolade of the new chival- | ry of humanity.” MAKING MONEY | WITH TURKEYS Washburn, N. D., Oct. 3—Mrs. Ro; Parks, who lives ‘along the creak |northeast of Washurn is making’ money with turkeys, At present she a run, they, like all of us, will fare better on a moderate’ price scale, with small fluctuations.” VALUATION OF WATER PLANT | ig eats IS REPORTED) «. siodenia but at ther same. tine ‘| point out that the crisis has not yet entirely passed. It is believed that if the “tied | ALLIES AND TURKS CONFER ON ARMISTICE y (Gontinued from Page 1) the original cost and after depreci- ation is written off is as follows: Construc- Depre-| Paris program two or three days tion ciated | will see the successful termination Cost Value! of the Mudania meeting and a -.$ 1,133 $ 1,133! distribution sys- \ favorable answer to the joint allied note from Mystapha Kemal Pasha. The fecling reflected in Biritish tem . .. 153,313” 142,571 | circles is that a position has now Buildings, “miscel- been reached which will make it laneoud _struc- possible to conclude~ peace in the tures . 66,007 54,799 | Near East before the winter is over. Plant. equipment.. 21,006 7,503 | / Eee Sue AT ee General equipment 3,881 3,105! Overhead costs ... 24,534 aon HIGH WINDS Materials and sup- INCRE ASING plies ........... 6,560 6,560 - FIRE-H ‘AZZ. ‘ARD $276,436 $247,582 (Continued fro from Pi Page Qne) , recommended today by G. M. Con- zet, fordstry field administration The tentative valuation, figured on the cost of reproducing the plant at prices as of September 1 and the representatives stand firm on Co * THE WEATHER | ——— is fattening a flock of 125 turkeys. {She raised pure bred Bourbon Reds. Last year Mrs, Parks cleared over an average of $5.00 for each turkey she sold. She gots the top price for date against Mr. Nathan two years ago. Be¢k”was chosen at a conven- tion held’ in’ McCluskey, and it is| said that. sufficient. petitions have bee signed up to assure the recall. } Former Governor frazicr is sched, | the turkey's. uled’to open his campaign in Fargo| ‘They are dressed and shipped di- tonight, spedRing .a front of the! tect to houses in Minneapolis and isstattte: y is Chicago, who pay high for dressed turkeys at Thanksgiving and Christ 'mas pig: {Bosides * turkeys Mrs. | Rhode Island chickens and a flock of j about 40 Penkin ducks. For twenty-four hours ending at’ noon today: Temperature at 7 a. m. ......... Temperature .at noon ..,.... Highest yesterday Lowest ,yesterday - Lowest last night . Precipitation .. Highest wind velocity . WEATHER FORECAST For Bismarck and vicinity: Fair} apd warmer tonight.’ Wednesday pro- bably fair. : For North, Dakota: Fair tonight, | warmer central portion; Wednesday probably fair. Cooler extréme west | portion, | FOR SALE—Dodge touring, 1918 mo- del. Four new tires, one spare, new. battery, Car in best running shape. Phone 2o4. 10-3-3t. +48 | 45 FOR RENT_Furnished room (suit- 0! able for two or three. Private en- .12} trance, 610 3rd St, Gentlemen; pre- ferred. Phone 972W. 10-3-8t, i | | | ee FOR dent — Light housekeeping rooms. Phone 800. 10-3-3t JESDAY, OCTOBER S,1922 =.) =—s=—s=—=~*é“‘;*‘*‘SWE BISMARCK TRIBUNE TS PLANNED . money raised used directly in the in) Buttons were given by the gov-| RACE RIOT BREAKS OUT IN ALABAMA (Continued from Page One) W. A. Warren assaulted by police- man, not seriously hurt. Authorities announced that. Terrell had been removed today “to another prison.” The negro was shot in the hip bya posse which captured him near Union Springs. Daylight revealed scars of the §.D, CANDIDATE URGES PLAN TO _ STEADY PRICES | Believes Siabiltaalion of Prices of Agricultural Prod- mob’s vengeance. One side of the ucts Would Be Obtained | prison was peppered with various 1 ple ae j kinds of shots ‘and bullets, The uni- Sioux Falls, S. D., Oct 2.—The form of a fireman who was directing financial condition of. farmers in the water onslaught was pierced by ‘in South Dakota has reached a criti- 8 bullet fired by ‘a member of the jeal stage and the remedy, which mob. Although great provocation at | must. come immediately, is stabiliza- | times was offered, military officers tion o2 prices on wheat and corn, said they refused to allow guards- said Louig N. Crill, Democratic | men to return the fire of the ‘mob icandidate for Governor of South | Which was mainly directed in the air Dakota’ in an address here this! 4nd toward the upper sections of the afternoon. jail. The gandidate declared that he|. The county grand jury. was assem- ‘found the farmers more discourag- | bled today in extraordinary session ed noy than’ in. ‘the hazardous to inguire into Terrell’s case. ~ Tho ‘times of the nineties,” and said military remained on duty about the j that the burden of debt is so much | Prison. greater now than it was in the ninetees that the situation is much more serious. “A remedy must If you haye'corns which are painful, and give you trouble, hout come without come to our store Saturday delay,” said Mr, Crill, “Or the farm- jers of the nation will have suffer- the 7th for free advice. Dr. ed such a setback as will‘ take a Scholl’s demonstrator in lifetime to overcome. jAfter con-' | sidering the serious conditions that have developed since harvest ‘time, I have come to the’ conclu- sion that stabilization of prices on |wheat and corn are aw absolute | necessity. | “Every article the farmer buys !is stabilized in one way or another and his products alone are ‘subject in price to manipulation, over- marketing and other causes.._ My. !plan would be to have the farmers jclosly organize in such an organiza- , jticn as the Farm Bureau and be-' come a grain growers’ association, with every farmer pledging to have! a granary on his farm, that the; five millions of farmers in the United States might become, in one j solid bloc, the reserve basis’ of | A. _ A.W. Luca Lucas Co. | Baseball Scores | | “New Orleans—Martin Burke wae New Orleans won a decision over Fred Fulton after 15 rounds. charge. Special---Extraordinary PAGE , THREE a aya a en ee I an A ean Ere a Oy Coe ee ee Ky.—The Great Volo| New York.—F. C. Quigley and Rob-. won the Walnut Hall cup trot feature | ert Hart were selected as the Na- event of a spectacular day of rac- | tional league umpires for the Chica- ing. go city series. eH ALENT We're up to the last “Radio Flash” | With the newest things from Hart Schaffner & Marx. Sport clothes in all the best models are here; Nor- : folks, Yoke backs, Raglan shoulders —look them over $40, $45. Fall Suits and Overcoats specially priced $35 ' SUE: Bergeson & Son Tailoring Dry Cleaning Ci Mn Co CU their products.” With a cooperative organization of the grain growers of this kind it would constitute a factor which, with a granary on every farm, could be made instrmental in con- ‘trolling the reserve necessary to stabilize the price, the speaker said, and continued, in part as follows: “Then with this organization of | farmers founded to carry out the purpose of stabilization, it would be no great financial hardship for| the government to establish the} minimum price on wheat and corn, PALAC Theatre: Mandan cooperating with the farmers under agreement to regulate the reserve. “The minimum price at which the government should stabilize the principle products of the farm, wheat and corn, should insure a fair return upon his farm invest- ment and a profit that would give him a good earning ability.” Dance at the Coliseum to- night. Presenting the Amazing Photoplay value of the plant based on prices.on this date, with depreciation written off, follows: Cost of Depre- Reproduc- ciated : tion Value! Land . .$ 3,027 $ 3,027) Transmission and distribution .... 236,996 220,456! Buildings and mis- cellaneous struc- tures 120,175 99,485 | Plant equipment.. 31,356 26,111 General equipment 4,098 3,279 Overhead costs ... 47,111 41,920 Materjals and sup- plies 560 $449,293 The items under the division of | transmission and distribution system include the mains, hydrants and con- | nections, services, meters, collection aqueducts and supply mains; fountains, troughs. The con- | struction cost of the mains is given $400,883 | xe $108,990 and the depreciated value | $102,100, the depreciation in the) mains being figured’ at $6,890. The original cost of hydrants and con- nections is figured at $4,843 and the depreciated vblue $3,874; services, original cost $17,513; depreciated value, $15,753; meters, original cost $500; depreciated value $450; jn- takes, etc. original cost $21,467; de- preciated value $20,394, Reservoirs Cost The only large item under the di- vision, buildings and miscellaneous structures, is the reservoirs. The original cost is figured at $52,036) and the depreciated value $42,991; a! depreciation of $9,145. Other items} i inal cost under various divisions are: pumping station build- ings, $5,591; wells, $3,725; laneous buildings, $4,657; equipment $12,253; equipment, $2,258; miscellaneous ; plant equipment, $6,495; utility equipment $690; general office equip- ment $1,732; shop equipment $1,171; sterilization intakes, | miscel- | pumping | chief. Mr. Conzet hoped to arrange with the Duluth Automobile club to have volunteer motorists patrol the joutskirts of the city. Mr. Conzet said there was no immediate danger of the fires reaching Duluth. Mr. Conzet offered his suggestion as a | matter of preeaution against flames being driven this way by strong northerly or westerly winds. The i wind now is blowing from the north- east. The nearest fire is 20 miles | away. WOMEN LEAVE TOWN Rosseau, Minn., Oct, 3.—All, wo- men and children have been evacu- ated from the town of Salol, nine miles cast of here and about the same distance from the Canadian border, which was menaced-when a | peat bog fire got out of control, ac- | cording to word received herd today. | It was ‘said that approximately |/250 persons were in the danger | zone, but that virtually all of them had been warned. Latest unofficial reports received here were that Salol could not be | saved. |O°>CONNOR TO | SPEAK IN CITY | ON SATURDAY | fda ar: | (Continued from Page 1) for Clyde L, Herring, Democratic nominee. First, Mr. Harding was told that Iowa Republicans are incensed at the defeat of a favorite Republican can- didate by Smith W. Brookhart, for- | mer army Cole nel and American Le- gion man. he was told by local Republicans Fiat Brookhart attended a conclave of: radicals in Chicago on Feb. 1 last, where, the Republicans assert, each radical candidate was to \inveigle himself onto a regular old- line party ticket. Next Dr. Harding was entertained General Weather Conditions Fair, pleasant’ weather prevails | from the Rocky Mountain region | eastward, with temperatures consid- | erably above normal in the Missis- sippi and Ohio-valleys, The pressure isylow over the Northwest and pre-j cipitation has occurred in the Pacific coast states, with the first snow of the season at Edmonton, Alberta. ORRIS W. ROBERTS, Meteorologist. Aviator Injured j On Landing Field; (By the Associated Press) Hl Mount Clemons, Mich., Oct. 3,—! Captain’ Bert E, Skeel of the 24th squadron of the army aero first pur- suit group, was recovering today from injuries sustained yesterday when he landed without a landing gear in an aeroplane he had broken in a test flight preparatory to the Pulitzer air race, October 14. As he rose for his trial spin the wheels of his landing gear fell from the machine. Unaware of the acci- 1 +witl CECIL B. DE MILLE’S Production “Manslaughter” TONIGHT _ LAST TIME “FREE AIR” A thrilling fast moving romance, with scenes laid in North Dakota. * Story by SINCLAIR LEWIS ; . author of Main Street. _ 1, Wednesday f PETER B. KYNES Saturday Evening Post Story “A MOTION TO ADJOURN” MATINEE DAILY 2:80 ‘TONIGHT 2 TUESDAY A BIG, NEW SPECIAL WEDNESDAY PRODUCTION AT THB BDAY USUAL ADMISSION ith— miscellaneous, $288; engineering and | hyp, 'T, Meredith, former Secretary of superintendence, $9,768; law expen-| Agriculture, and finally he was enter- ses during construction $2,442; in- THOMAS MEIGHAN ~— terest during construction $7,360; | fire and liability insurance $3,663; | miscellaneous construction expense, $1,301; distribution system supplies $5,410; power plant supplies $275; | general office supplies $700; miscel- Janeous supplies $175; pumping sta- tion and source of supply land $493; | other land $640. Cost of Rebuilding Under the reproduction cost meth- od the amount of. money it would) take to reproduce new the largest items of the company’s plant is giv-| en as follows: transmission and dis- tribution system, $236,966; buildings | and miscellaneous structures $120,-| 175; plant equipment $31,356; gen-| eral equipment $4,098; overhead costs | $47,111; materials and supplies, $6,- 560, Sub-divided these divisions in- clude: water mains, $170,897; ser ices $24,398; intakes, collection | equeducts and supply mains, $32,602; reservoirs $96,371; pumping equip-| ment $17,991; distribution system | supplies $5,410, Dance at the Coliseum to-| night. |tained by Mr. Herring, the Democra- | tie candidate himself. | After all this Dr. Harding was in- vited last night to speak before the | Polk County Assocration and that is | when he’ said: “Mr, Herring is a gentleman.’ The | man running against him is a Secial- | ist. I don’t want <o see a Socialist \in Washington causing trouble. My boy hag enough Bolsheviki troubling him there nowf I have my sleeves | rolled up for Mr. Herring.” | William Lemke, league candidate for governor, will open his campaign in the western part of the state with la speech in Mandan tonight. Ms. Lemke will make an extended speak- jing tour of the Slope territory fol- | lowing the Mandan «peech, which will | be the first rally of the league in the campaign in the western part of the | state. | John Beck, former state senato1, |has been picked torun against Sena-: tor Nathan, leaguer, in the recall in- stituted in Sheridan county by the In- dependents. Mr- Beck was a candi- Mille ever made. beautiful women. EVENINGS—First Show Second LEATRICE JOY—LOIS WILSON By far the. greatest picture De With Tom Meig- han heading the most distinguish- ed all-star cast since “Anatol.” startling portrayal of the riotious life led by modern madcap youth. Gorgeous gowns, dazzling settings, FROM THE POPULAR SATURDAY EVENING POST THRILLER BY ALICE DUER MILLER A VEG T UT HUTRLA URNA Ete 7:30 9:10 7 peeany 3 The Picture With a Soul The picture that stood the World Metropolis on its End —The Picture that had all Minneapolis Talking only Last Week at Strand Theater. It’s right in your midst now, Wed. and Thur= Night 7:30 and 9:15. With Matinee Wed. 3:00 p. m. All shows Mandan time. Shown at Popular Prices. Rates to Auto Parties. Three or more people.