The Bismarck Tribune Newspaper, October 16, 1928, Page 6

« e ne ee ee ee PAGE SIX ae Pores Sees 1g eg a Ae REO OR Hh EER ‘HE BISMAKUK ‘TRIBUNE LUERSDAY, OCTOBER 16, 1928 paar EE RSTIMATE LOW ON BOND ISSUE | TOPAY LOSERS Baird Says Bond Issue Will Be 50 Instead of 25 Millions Should the proposed $25,000,000 bond issue for the payment of de- positors to closed North Dakota banks be put into the constitution by the voters November 6, it will cost each person in the state $80, or an average of $400 per family, Kiwan- ians were told at a luncheon meeting here today. The speaker was L. R. Baird, Bis- marck, receiver of ed banks. number of judges from all parts of the state, in Bismarck to attend the fall session of the state judicial council was present at the meeting. Baird, asked by members of the Kiwanis club to explain the workings of the law because of his famili ity, did not take sides on the ii He explained both sides of the i: 5 The bond issue, if put into the constitution by the voters, would not 000,000 as is popularly supposed, but more than $50,000,000, Baird said. He pointed out that it was pro- posed to borrow $25,000,000 at five per cent interest for a period of 10, 20 and 30 years, and that the inter- est on the amount would total more than the principal. Under the wording of the law of- fered for passage, the work of the state guaranty fund comm the last 10 years would be comp y gone over by the he said, explaining the accounts that had been jected by th anty fund c sion would be reheard by the Burleigh county. Bair ate the cost of rehearing but said that it would take xtra judges, at least. explained the workings of te guaranty fund and the purpose that it was intended for, saying that after it was designed by the legislature 10 years ago to that promptly for two or three When a large number of banks f: the fund was exhaus rectors of the themselves counts, Revis bill reguiating the commis: finally revised entirely in 19 new plan being to pay all depositors a certain percentage of their losses at that time, and other payments were to follow later. At that time a payment of 10 per cent was made, and other payments of an equal amount were to follow as far as the fund would permit. All accounts of $10 and under were paid in full. The new proposal, however, would have bonds to the amount of - 000,000 issued, to cover the entire losses. Three new members of the club were introduced at the meeting. They are Dr. F. R. Krause, Carl Sipple and Roy Bakken, all of Bis- marek, Guests at the meeting were Judge McKenna, Napoleon; Judge Lembke, Hettinger; James Morris, Carring- ton; Frank Bavendick, Bismarck; Judge J. A. Coffey, Jamestown; Judge A. M. Ch marck; Judge Birdzel i William Owens, Williston; J. J. Johnston, Fessenden; FE. J. Taylor, Judge G. Grimson, Langdon; W. A. MeIntyre, Grand Forks; Judge Kneeshaw, Pembina; Judge Cole, Fargo. EXECUTION FOR KILLER STAYED Los Angeles, Oct. i6.—()—Exe- cution of Russel St. C! Beitzel at San Quentin prison November 30 for the slaying of his sweetheart, Bar- bara Mauger, automatically was stayed today with the filing of docu- ments and transcripts of the case with the clerk of the supreme court here, The papers were filed in connec- tion with an appeal from the verdict of a jury which recently found Beit- zel, a former Philadelphia depart- ment store manager, guilty of first degree murder here, [Gayton Be] W. E. Slaybaugh, sheriff of Ward county, was a business visitor in Bismarck Monday. He left for Min- neapolis last night to establish the identity of two men held there in connection with a robbery at Ken- mare. ** O. W. Mattison, general superin- tendent of the United Public Serv- ice company of Bismarck, and Wil- liam Ankenmann of the engineer- ing staff, left Monday fot Saska- toon, Sask., on business. ® Kenneth W. Simons, state cor- respondent of the Associated Press, returned from Minneapolis Monday where he attended the Minnesota- Purdue football game Saturday. G. V. Matson, formerly connected with the Bridgeman-Russell com- of Duluth, arrived in Bismarck tw state editor of the As- eee E. E. Schaefer, for the past five months state editor of the As- * gociated Press, has resigned to ac- cept an editorial position with The . Bismarck Tribune. oo Fritz H. Et Ui inited leave for Chicago Friday a liquidation | | ENMU M EL Goat-Getters | SHATTERED REPUBLICAN SOLIDARITY LEAVES IMNESOTA DOUBTFUL STATE Smith Strengthened by Pro- gressives Neutrality; Farm- er-Labor Bloc in Minnesota as Strong as Nonpartisans in North Dakota By GEORGE D. MANN Mingeapolis, Minn., Oct. 16.—Min- state by many political experts. Re- publican solidarity has been badly shattered and just how the embattled farmers are going to vote is the real key to the situation. The members of the “progressive bloc” in the United States senate, nominally at least Republican, are interesting themselves in the re-elec- tion of Senator Shipstead, who is running as a Farmer-Labor candi- date. Senator R. M. La Follette is touring Minnesota for Shipstead but is silent on the presidential issue. Situation Mixed Senator George W. Norris pre- ceded La Follette in the interests of Shipstead’s candidacy and likewise ignored Herbert Hoover. It is re- ported that Senator Nye will come here for Shipstead. The junior sen- ator from North Dakota has come out publicly for Hoover. Neutrality of several progressive Republican senators in their political tours of Minnesota has had the ef- fect of strengthening Smith’s fences in this, state. There has been a breaking down of party organiza- tion in Minnesota typical of what has occurred in Wisconsin and North Dakota. Senator Curtis has endorsed La Follette for re-election but the vice- presidential candidate let it be known here last week that if La Fol- lette continued to keep silent on the Crash in Rome Flight. Take-off S i] agles manager of ic Service company, to at- # national convention of his nesota is being listed as a doubtful | presidential issue, he would be forced to withdraw his endorsement. How Will Farmers Go? There is an imposing Farmer- Labor bloc in Minnesota just as there is a strong Nonpartisan League vote in North Dakota. Sen- ator Shipstead and his associates have been able to keep up an organ- ization and whether it is going for Smith or Hoover is as easily an- | swered as that old query of: The Lady or the Tiger? Democrats Obliging A few weeks ago, George Cash- man, Democratic candidate for United States senator, withdrew. Minnesota Republican leaders im- mediately jumped at the conclusion that Senator Shipstead in his quest for votes had made a pact with the Democrats to throw support to Al Smith. That any such coup d'etat is planned is denied vigorously by Sen- ator Shipstead. He declared in a | Press statement that he had made no deals of any kind and that he would stay at home rather than ride into the senate on any other candi- | date’s coat-tails. He promises to play a lone hand, and to keep out of the presidential contest between Re- publicans and Democrats. Yet, Senator Shipstead’s friends are not at all displeased at Cash- man’s withdrawal, and Democrats grenally think the move will boost | mith’s stock in the Gopher state, Send in Shock Troops | The Republican National Commit- tee has been sending its heavy ar- tile into Minnesota. Senator Borah blazed the trail for Charles| Curtis. There have been orators of lesser importance and a great deal of earnest political work is being | done. i Nor are the Democrats overlook- | ing any bets. Al Smith’s visit to | the Twin Cities helped immensely. | Now Senator Caraway is to follow | | with a Minneapolis address in an-| swer to Senator Borah. i Hansbrough’s Faux Pas Henry C. Hansbrough, former sen- ator from North Dakota, gave an ad- dress in Minneapolis a short time ago which brought a prompt repudi- ation from John J. Raskob, Smith’s manager. Hansbrough charged Hoover with being interested in oil land conces- sions .in Colombia Mexico, Mr, Raskob disclaimed any responsibility for Hansbrough’s Minneapolis ap- pearance and declared the former senator had no connection with the National Democratic committee. Mr. Hansbrough is heading an independ- |ent committee interested in Smith’s candidacy but without any commis- sion from the national committee. All ‘Partyites’ Active An active organization in Minne- | |sota_ is the Minnesota All-Party Smith-Robinson . clubs. Recently Frank W. Murphy, Wheaton, Minn., | | active in farm relief work, gave a | radio address under the auspices of | this organization. He urged the farmers of Minnesota to support Al| Smith as the shortest route to farm relief. The subject of his address was: “The Farmers’ Stake in the Present Election.” y has alveys been aligned with Republi- can forces in this state. * ! j ite the licated no- litical situation in Minnesota’ faeiens ei ey at ronage ina! pebliesns most firmly is all most disturbing to the poli ticians, who find the ground rules slightly changed in this election. Grain Men Meeting in Duluth Session Duluth, Minn., Oct. 16—(AP)— Grain men, shippers and rail execu- tives from the Dakotas and Min- nesota were here today to present their problems to the Northwest Shippers Advisory board holding its quarterly meeting Here. Approxi- mately 150 persons were here for the all-day discussion on crops, pena tation and marketing prob- lems. Duluth interests were again pre- pared to fight any attempt to place. an embargo on grain coming to the head of the Lakes. The problem of congestion here has been up before the board several times recently. — Reports cf large crops, despite smaller farm incomes, were brought by W. H. Perry of Minneapolis, R. F. Gunkelman of Fargo and A. H, Pol- leys of Missoula, vice chairmen for their respective states. The South Dakota chairman, A. W. Tompkins of Huron, however, reported poor crop conditions in his state as well as low prices and a_ generally de- pressing outlook for the farmers. DIED TOO SOON Boston, Oct. 17.—A will was con- tested here recently because William J. Healy of Malden died before wit- | Providence, R, I., third vice presi- | dent, and J. C. Taylor of North Caro- | lina fourth vice president. The dele- | gates refused to accept ‘he resign: j tion of Secretary Cogswell of Balti- more, Md. en Chi ago was selected for the next | AL JOSLIN. GENEROUS ~ | convention site. The date suggested | New York, Oct. 16.—(#)—Al Jol- | | was the third Monday in September, /son and his million dollar bride are 1929. Invitations were received from | returning tonight from their three Detroit and Quebec. |weeks’ honeymoon abroad. Mrs. gent eee 2 a Nellie Keeler says the comedian set- \Grand Forks 1928 | tled $1,000,000 on her daughter, 1 B il di {Ruby Keeler, tap ‘dancer, and also Toronto, Ont., Oct. 16,—(#)—Paul ulding Progra m Prehn, head of the Illinois State At! Takes Two Million | Ree erday afternoon pest Lecce 9-3 EMPLOYMENT AGENT QUITS | seeking J. Harvey Smith, who for- {gave her a ‘14,000 diamond neck- ace. § letic Gp bale seedy! ee | mously to the presidency of the nat | iati i Grand Forks, N. D., Oct. 16.—()|_ Fargo, N. D., Oct. 16—(AP)— merly operated a private detective tional Boxing association today. tis | approximately’ $2,800,000 ‘worth of ‘Edward McChane, superintendent of | bureau here. tien {picked or partially fished In this | Ginten, craployment service, under | Chanior Riae hd Jae Bonar 6 1 sev- | pleted or pai y finis! in this | s employment service, under| Charles Rhyer and Jac! imball. eat tone Meirson ia ity during 1928, according to build- | supervision of the department of la-| Smith is said to have been engaged their annual convention, chose S.|ing record available. jbor, has resigned. S. R. Stpierre,| by Mrs. Rhyer to shadow her hus- Isaacs of the Ohio delegation vice | This amount includes more than formerly with the Security National | band, whom she suspected of having president, B. Allan of Kansgs sec-|a million dollars worth of building | bank, succeeds McChane as super- illicit relations with Mrs. Stultz. ond vice president, A. C. Foster of | permite, no including $158,000 in |intendent. Smith is said to be in Alabama. ’. municipal improvements. The Great Northern railroad’s improvement { program, including a new depot, ; | will approximate more than one | | million dollars, PREHN NAMED _ BOXING HEAD Illinois Athletic Commissioner Elected at Torortto Con- vention THREE HELD IN MURDER PROBE South Bend, Ind., Oct. 16.—@)— South Bend police today were hold- | ing three persons in connection with | the death of Mrs. Genevieve Stultz, {+a beauty shop proprietor, sometimes | known as Mrs. Iva Lee, whose bones | were found yesterday afternoon near BL CC MODERN journalism must keep step with scientific progress. The history of newspaper development in America is closely linked with the history of man’s inventive genius. First use of the carrier pigeon as a means of news distribution was regarded as a bit of real enterprise. But when Morse invented the telegraph, journalism entered a new phase—the era of speed in news transmission. Today news events are flashed almost instantane- ously to the farthest corners of the earth—and we think nothing of it. What is even more marvelous today is the speed with which news pictures can be transmitted, and the unquestioned promise that even-greater wonders in picture distribution are in store in the: near future. It is a journalistic commonplace today to send important newspictures by telephone and radio, thus cutting hours, days, even weeks, off the time required by older methods. This paper, for its important pictures of, news events, relies on NEA Service, the world’s largest newspicture and feature agency, an organization which uses the full complement of modern. equip- ment in the transmission of its important pictures. That means this paper is first with the F gong of big news events. . As an instance of NEA enterprise, did you know that the nesses could affix their signatures to the instrument which he had signed, The. law provides that a will must be witnessed in the presence of the testator. Mercury producers of Italy and the .Spanish government have reached an agreement to regulate output in both countries in such a way as to supply the world demand without too much competition. Another ‘Queen’ 4 night Herbert Hoover was nominated in Kansas City NEA citume of the demonstration which greeted his name were on the Atlantic and Pacific coasts before that evening’s session adjourned? And when Pacific flyers landed at Honolulu, NEA pictures of their arrival were printed in San Francisco only a few hours later thesame day? That is speed, and it is charactetistic of NEA Service newspicture distribution. 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