The Bismarck Tribune Newspaper, June 4, 1923, Page 8

eo __PAGE EIGHT ~ FLOGGER CASE TO TRIAL IN. FLORIDA COURT Walter Higginbotham, Charg ed with Murder of Martin Tabert, Faces Third Judge | Lake City, Pla, June 4,—Thomas Walter Hivginbotham, conviet whip | ping boss, went on trial today on aj charge of first degree murder in con nection with th hoof Martin Ta bert of North i a Shortly after convening, the court ed until late this afternoon use of the absence of LB. Wade, ing counsel for the defense. It Was expected the hearing of testi- meay from approximately 80 witness- | ‘ ummoned by the state and de- Tense would he reached tomorrow. Judge M. A. MeMullan of Clearwa- Fla. is presiding at the trial, en assigned by Governor) Judge McMullan is the] third to have connection with the , one judge having been dis qual- by a move by the defense and the second eliminated by the change of venue obtained by the state whea! the trial opened at Cross City. i The state contended a fair and im- part trial could not be had at! Cross City, contending that the Put nam Lumber Company, which em- ployed Higginbotham, owned about 74 peveent of the land in the county and paid 65 percent of the county’ taxes. At Cross City court was held in a little church in the woods ind} the judge occupied the pulpit but here the trial is being held in a mo- dern courthouse with a leather cush- ion bench for the judge. BANDITS GO ‘BUSINESS CHAOS. IN EDISON-FORD | MONEY SCHEME Expert Shows How Commodity ‘Money Would Make Worse the Evils It Aims to Correct. | MEANS SPECIAL FAVORS AND ADDITIONAL TAXES | Would Open Way for Political Med- diing With Business and Compli- cate the Conduct of Trade 4a and Finance. The weaknesses of the Edison- | Ford commodity money scheme to abolish the gold standard and do away with monetary instability, in- terest charges and speculation in farm products are exposed by William T. Foster, Director of the Pollack Foundation for Economic Research, in an article in the Pro- ceedings of the Academy of Politi- cal Science. He shows that the only result of the plan would be to aggrawate the evils it alms to cure. | There “is presented herewith the | first of a series of articles, pre- pared by the American Bankers Association, reviewing Mr. Foster's argument. The plan provides, Mr. Foster ex- plains, for government built owned and controlled warehouses, to which producers might bring basic commodities raised on American soil, on which they wish to borrow money. A government agent would grade the producer's goods and hand him two pieces of paper —a mortgage certificate and an equity certificate. appointees and a vast extension ot government control over industry. If the special privilege of borrow- | ing money without futerest is really a boon and is granted only to certain groups of producers, the~ list to be changed from time to | time, somebody must decide who are to be the favored groups, and whether that somebody is Congress jor Federal jouse directors who are subject to partisan ap bointmeot and removal, the ques- | Gon who te to receive free money will undoubtedly remain in poll tics and will recurrently become of great moment as election day approaches. “Mr. Edison contends that bis | commodity dollars will be sounder than gold doll ‘there in the warehouse the actual wealth, the things we eat and wear and must consume to live.’ At first, he says, only a few basic commoditie: ‘e to be accepted, such as grain, cotton, wool, rice, legumes, fate, flax and tobacco. Manufactured articles, he warus us, will not be satisfactory for this burpo' “It, then, a warehouse full of to- bacco guarantees the sounduess of the motes issued against it they Must be redeemable fa tobacco. They are, in f Federal Tobacco notes. The plan mugt provide in like manner for Federal Flax notes and so on. Furthermore, there would bave to be as many dift ent kinds of tobacco notes es were grades of.tobacco. Everyone who used money in exchange would need to have at hand the latest market quotations on all products accepted for storage, as they ap- proached in market value the es- tablished loan value, in order to estimate the relative values of dit- ferent kinds of dollars. Salt Cod Notes “Everybody would have to ob- serve carefully whether be bad Grade A Kippered Herring got Grade X Salt Cod notes. [f there i was a strike of bitumfnous coal | miners he would hoard Bituminous Mr, Walker Whiteside will come to, actress. the Auditorium: Jung 6th, in “The Hindu,” & mystery melodrama of the Orient, in whimh he triumphed last year in both Chicago and New York. “A glamorous adventure filled with surprises and thrills,” is the way t¥e New York Evening World described old de. Becker, Sherman, M. De § ba... "60.9 pounds of beef. In several re- cent years the consumption of pork alone has exceeded that of all other meats combined, A study of the hog production in- dustry included in the 1922 yearbook of the Department of Agriculture shows that among the farm animals hogs are exceeded in numbers only by cattle and in value only by cattle and horses. They are produced on three-fourths of the farms of the country and represent over ten per cent of the value of the nation's agricultural production. Nearly two-thirds of the commer- cial production of pork is in the corn belt. The amount of corn marketed in the form of hogs varies annually from to 40 percent of the entire crop. Pork exports represent about 20 percent of the country’s agricul- tural exports, and have held a high- er place in foreign trade ever since colonial days, In 179 the first year for which data will available, there was exported approximately 6,000,000 pounds of pork and pork products. Only 3.5 percent of the hogs on American farms are registered pure bred, and=about three-fourths of the ‘total are raised for the market. The cast will also include | Harold Vosburgh, Grace Lynn, Mig- | non: McClintock, Elwyn Eaton, Har- | ntos Roberi, Grant | va and S, Pazum- } Cholera is still the most important disease among hogs and highest toll, In 1922 more than 2,- 9? takes the|employee’s credit in | Providing, however, that no employee 700;000 hogs died of the causing a financial loss of apy mately $28,000,000. Employes Buy, Heavily Of Standrad Oil Stock Chicago, 4—Three hence the employees of the Stand- ard Oil Company (Indiana) will be the largest single group of stock- holders collectively, and will own more stock than any otir individual or collective group of stockholders of the company if the employees patronize the stock purchasing plan in the next three years as they have in the last two. This announce- ment was made today by the com- pany in commenting on the result of the plan: during the two years of its existence. The announcement says that of the 37,000 stockholders, 10,000 are now employees and have purchased Tine 4 years ; stock under the plan, which provid- es that for every dollar an employee puts up for the purchase of stock the company will ndd_50 cents to the the purchase ? A Question a aT i can purchase more than an amount equal to 20 percent of his salary. As soon as an amount sufficient to buy one share of stock is rea ed the purchase is made and dends to the employee begin. At the end of five years all of the stock purchased in this mannre is deliv- ered to the employee. ‘A few concrete examples of how this plan works are interesting. Two years ago an office boy earning a month contributed $10 monthly wage to purchasing. sto: Today he has nine shares und the small cash balance of $12.50 he has to his credit $575 His net pro- fit is $340. «>: ‘Another employee whose salty is $500 a month put in $100 to the purchase of stock. He has now 94 shares, which has a total value of $5,911. His net profit for the two years is $3,561. BATEAU PASSING Necklines curve more than in the past, with less tendency to the bat- eau and more use of the becoming \ and round neck. For more fornei evening frocks the shallow frout line with a very decollete back is feu tured. o. f Before you buy a carask thesalesman this question: ‘Why don’t you want me to buy by comparison — a silk mer- chant compares two fabrics to effect a sale—a furrier two pelts —a jeweler several diamonds, ete. — Do you, Mr. Salesman, when you buy a pair of shoes, have the salesman show you WHAT IS IN THE BOX or do you buy them because THE BOX looks good? Why shouldn’t I use the same good judgment in Pork Most Popular Of | Meats in America _ | Washington, June 4.—Pork and | lard are two of the largest items in! the food supply of the American people. The average annual per cap- | ita consumption for the last five | years was 67.3 pounds of pork anc | pounds of latd, as compared with | COAL Coal may be loaded at any time. NOW. C: H. BERGER, Coal Mine. Baldwin : buying an automobile? (All cars.look pretty on the Show Room floor, but the “int sides” govern the life of your car and its cost of operation. We are not asking you to buy an OVERLAND — look them all over, but SEE the “insides”—then USE YOUR OWN JUDGMENT! } WATCH FOR TOMORROW'S QUESTION Buy By Comparison—And You'll Buy An ‘a5 Thg mortgage certificate could be exchanged at any national bank in Enroll- | for Federal Reserve notes up to ; 60 per cent of the avepage value of | the goods for the previous twenty- \five years. In this way the pro- Peking, Ch June 4,—Enroil-|4ueer would obtain a loan of ment of the Shantung bandits into | maney without incurring any ex- the National Army is proceeding at| Penses for the use of the money Tsao Chwang according to advices| and he would still own the goods. received at the American Legation| “His equity certificate is his evi- today. Among those of the bandits! dence of ownership,” Mr. Foster who do not desire to become soldiers | gays. “He may keep it, sell it or are slipping away, leaving their rifl | present it at a bank as security for a loan. He or anyone to whom jhe sells it can present it at any jeune within a year, together with the exact amount of money that has been loaned, and receive the Coal notes. If there was a slump in cotton he would try to get rid of Cotton notes. “Consider, on the’ other band, the simplicity ‘and definiteness of a gold-secured dollar. All the world knows precisely what is meant by the convertability of a paper cer- tificate into gold. .All the world accepts the gold in exchange. Its value is known in every market. {t is readily tested, stored, preser' ed, divided, transported. Moreover, there are the gold reserves, main- tained for the very purpose of conversion and for no othér and available on demand. “From one of Mr. Edison's au- thorized statements, however, it seems that his plan does not pro- vide for Federal Tobaceo notes, Federal Fish notes and the like. In fact, it provides for no new kind of money -whatever. No matter what commodity the farmer de posits with Federal agents, he takes his mortgage certificates to a national bank and there ex: ; changes it for Federal Reserve notes, 'They are just like any other “The Hindu,” which is reported to be | the only mystery play today that does | not depend upon a murder. The story is said.to be a straightway tale of mystery and villainy; occidental love j and Oriental passion; theft ang vio- | lence, al} told within the confines of {a gorgeous palace, E Mr. Whiteside’s magnificent record as an actor and a producer, will re- ; call his notable performance. ft Ham- jlet and Richard HI, and'‘his nafion- i wide popularity ,in successes such a: j‘The Melting Pot,” “The Typhoon, |“Mr, Wu,” “Little Brother” and.“The i Master of Ballantrae” For his engagenient here We “will 'havesin his: support, Miss’ Sydney | Shields, the distinguished emotional Chinese Proceed ment of Shantung Bandits behinds Members of the legation fee! that it will be only a matter of days until the eight foreigners still held | in the mountain stronghold are leased. Barring unforseen implicé tions the negotiations are expected to result successfully soon. Easy Terms If You Like. i LahrMotor Sales Co, the goods are not removed —_ ----—- If | within one year the Government must sell them and thus get back ; the money it has loaned. This is to prevent an accumulation of ATTORNEY DIES: goods and to make sure that | the money will be self-canceling. \ | As soon as the farmer repays the | loan or the Government wells the Minot, June 4.—Minot Elks will be in charge of funeral services here to- morrow afternoon for Daniel Green- leaf, promiment Minot attorney, who Saturday pevaniie from heart | ble. The deceased was a mem- ber of the state bar association and has practiced law in Minot for the past 23 years, reenleaf was born tn Bloom- goods an amount of money is de. stroyed equal to the amount that was advanced. This, in all essen. tials, is the Edison commodity- money plan. . More Taxes « “Most men will be impressed by ; the fact that it involves additional Federal Reserve notes. “Very wi If there is nothing more than this in the much-discuss- ed Edison plan for a commodity money that is sounder than gold money this part of the plan ‘van- ishes into thin air. The Edison mouey is oot sounder than gold taxes, additional corps of political money, for it is gold money.” Cast and wrought iron fittings all sizes — Black and Galvanized pipe from 14 inch to 8 inches. Crane valves gate, globe, angle check — all sizes. Enamel. ware—Gas Heaters and Stoves, Ranges, Boiler Heating Plants, Brass Goods, Asbestos Cement and covering. R. 8. Packings, Bath Fixtures, Repairs, Sewer Tile, Soi) Pipe, Bronzes, etc. _/ Mail orders solicited. NS DECISION OF SUPREME COURT | rebuttal testimony concerning ‘ihe FROM H *ER COUNTY |commission of other larcenies was Sept, 9, 1873. A wife and | daughters are surviving. | Judge Fisk of Minot, president of| the North Dakota Bar association, to-| State of North Dakota, Plaintiff n paying tribute to the deceased | and Respondent. declared that Mr, Greenleaf had been Vs. without a peer in the Northwest as| Clifford A. McCarthy, @ cross-examiner, and Annellont. —_— SYLLABUS: ATTACKING LAWS CELEBRATE The Glorious [ . on U. S. Day not erroneous. } |" In District Court, Hettinger Coun. | ty, Nuessle, J., Prosecution for grand | jlarceny of certain calves. Defend- |ant has appealed. from judgment: of sconmichion: AFFIRMED: Defendant reasons stated in, the antitne (1) That the objection made to the gury panel because it was dis-! missed and recalled is without merit. (2) That the testimony of two witnesses, whose attendance could Per Curiam Opinion. Justices Nuessle and Christian- son, being disqualified, did not par- ticipate; Hon, A. G. Burr, Judge Second Judicial District, sitting -in Washington, June 4.—The case brought to determine the constitu- tionality of the Sheppard-Tower y act was dismissed for want of jurisdiction today by the supreme not be procured, as given at a form- er trial, was properly admittal (3) That the admission of. certain their stead, | H, E. Haney, Attorney for Appell- ant, Belfield, N.\D. | J. P. Cain, Special Prosecytor for Respondent, Dickinson, N. D Frank G. Grambs.™ Bismarck “PLUMBING PERFECTION” BRANDON, MAN. Get.a Kick out “of 1923 court which refused to pass upon the AIR CLASSIC | validity of the law. / : puea capes | RUTHENBERG TO Sia td ton: St. Joseph, aC chmaune 4.—Charles ; i mC ar . ameter ) ee BIG JOY-FILLED DAYS perience caved & Briton pentane July 2nd—Dominion Day. ‘July 5th—-Citizens’ Day. ce aie cee Wedding Invitations ei Bo ese ae Ser eee enol ; : * EZ : ‘ supreme court. “ se a At the Bigger SAYS GEDDES The Tribune’s Printing Department ss WON’T RETIRE 8 : Is .equii ed. to handle Printed or En raved Wedding Pr l E hi bi ti scene, Jae A neempe, | ak Im ee — rovincia XN101 10n Geddes was retiring from the posi- oe nvitations or Announcements. - a Rae Se Be ae | | MM alll ae antic anal or un exe bs or te “OF MANITOBA ald’ McNeill, “under-sceretary for | lo job ‘téo small or arge r our battery ve aps Ng many fo of Phesses “Gall $2 bel joi want ancestimate on ls not just a county fair—lt’s Wester Canada’s BEFORE COURT phate _ BIGGEST EXHIBITION 8 eee 60 Miles North of the Boungary sf icastctn ta a Ns bleh se ed with papers to return to Stnis- ’ ey igs George Gandy, whom the LET’ s GO. R. M.! MarTitEsON, Pres, court of that county has held | | to hein contempt for allegeg failure | to Soa fees. eae lis sey 08} ae ae Ww L SMALE, Mer.