The Key West Citizen Newspaper, March 12, 1926, Page 3

FRIDAY, MARCH 12, 1928. Proposed Str ibling-- Tunney Exhibition is “NO PRIZE FIGHTS ARE| _ ALLOWED IN DADE) ¢, COUNTY” IS GOV. | / MARTIN’S ORDERS MIAMI, Fila., March 12.—Pass- ing through the most hectic night » im recent ring history,the.. pro- posed Tunney-Stribling ten round bout, schedulsd here for tonight, | emerged a complete wreck. All that is left today for thousands | whe pata“in advance for ringside Seats is several thousand feet of Lataber, roughly nailed together te “resemble a stadium out in Sheriff Henry Chase, of Dade county, has orders from Governor Martin to “allow no prize fights | im Dade county.” The chief of police of; Miami has a warrant for the arrest of Billy Gibson, ‘Tun- ney’s. manager, charging him passing a $2,450 ‘worthless eheck-at Palm Beach over a year agé. Stribling has a like amount. gs a Jess Baugh has. noth- Nothing has happened in ring histéry:since the Gibbons-Dempsey fiageo in Shelby, Mont., that any- “ where near. equals the story of Promoter Baugh and his maiden effort.to stage a prize fight. Wednesday afternoon financial threatened the: proposed “Billy” Gibson declared the fight was being handled im. @ wretched manner and that he would not let Tunney go into the Her his guarantee of $50,- i posted by noon .Thurs- we business men then took a hand, holding a conference with Gibson and otbers concerning the i and Wednesday at mid- ‘ Gibson declared that he was with an agreement reach- ed-im the conference. Thursday at noon Gibson said could not allow Tunney into the ring unless. the was placed’to his credit G Fag > touaeania } eter fight... nf y or fore siheat “charging Gibson ¢«with ‘a worthless ‘check, . and | ‘announced to. the public | it the fight would * He stated that if he only find’ Gibsoriand have iminutes conversation with fight was.certain to take i Gibson could not be found ; Miami. He had gone to the races. A few hours afterward he + a vewiges to town but the police ~ Fehief had not served the warrant MEE wee _ _mert by Gibeon, Governor Martin similar one, wiring Sheriff Chase, ‘of Dade county, “allow any prite fights in .” Sheriff Chase says will carty out the gov- orders. hours fi E ei) ! z z it after the gov- message to the sheriff the promoter and Gibson had conferences with Cor- nelius Vanderbilt, Jr., and Dudley ‘ Malone, nationally known ~ lawyer and writer. . When the conferences with Mr. Vanderbilt and Mr. Malone began became current that they would back the fight finan- . "his report was verified Promoter Baugh at “11:30. He said that Mr. Malone and Mr. Vanderbilt had promised to put up the money and the fight was to be i staged. Five minutes after Mr, Baugh's announcement was made Mr. Malone and Mr. Vanderbilt en- tered fight headquarters for an- other conference and both em-| phatically denied intention of | “backing a prize fight.” } Mr. Malone and Mr. Vander- bilt said they were interested only | in. protecting the public’s interests and Mr, Malone was emphatic in| DIAL LBDLS: | | OPTOMETRIST -AND OPTICIAN| Broken Lens Duplicated on the} Day Received A. L. PRATT Campbell Bids. Fleming St. Ohh doddaddad Termed Fiasco Proper DELGADO MEETS ANDY BOWEN IN © BOUT LAST NIGHT KID INDIA FAILS TO SHOW , UP FOR SCHEDULED FIGHT “ AT KEY, WEST ATHLETIC cLUB pa SN In lieu of Kid India, who fail- ed to arrive in the city for the boxing bout at the Key West Athletic Club last ‘night, the main go of the evening was staged be- tween Kid Delgado of Key West and Andy Bowen of Washington, D. C. This substitute was effect- ed by Manager Willard Russell at the last minute in order to satisfy the large number of fans that were assembled at the clubhouse to ywitness the scheduled bout. be- tween India and Bowen. In the fight that .was finally put on Delgado and Bowen fought a ten-round draw, the exhibition proving to be an interesting fight throughout. In the semi-final staged, the Flying Dytchman was victorious over his épponent, Kid Williams of the U. S. 8. Hannibal. his stdtement that -he was inter- ested in the public welfare only because Mr. Vanderbilt had em- ployed him to go into the matter. After a short conference. with Mr. Baugh, Mr. Malone and Mr. Vanderbilt left fight headquarters, informing a dozen or more news- paper men from all over the country that so far as they were concerned there would be no prize fight tonight. The groups of fans who had gathered in the lobby of the downtown hotel where fight head- quarters are located, disconsolate- ly gave up the vigil and dis- persed. . “Pa” Stribling, manager for Young Stribling, said that so far as the Striblings. were concerned without any money being paid to _\the Georgia participant.: The Miami,HeFald this morning declared the fiase> to «be: the “greatést ‘flop’ in the history of Miami. and one of the greatest in the history of sport.” NO FIGHT: TONIGHT STATES SHERIFF CHASE (Ry Axseciated Prensa) MIAMI, Fla., March 12.— “There will be no Tunney- Stribling fight in Miami to- night or any other night. The sheriff, Henry Chase, of Date county, with orders from | Governor Martin to stop eny prize fight in. the county, de- | - livered this ultimatum to the | principals in arranging the match at police headquarters at 2 o'clock today. Chief of Police Quigg and other city officials were con- ferring with Gibson, “Pa” Stribling and Young Stribling, when the sheriff issued his pointed remarks on the sub- ject. The meeting ended with the affair in the same condi- tion as before. . Shortly before the sheriff declared there would be no fight, Chief of Police Quigg had issued a statement to the effect that the fight might be held. & “I think the fight will be staged,” he said. “I don’t want it to be a flop and I don’t think it. will.” The chief had nothing to say after the sheriff had said he would carry-eut: the gov- ernor’s instructions “to the letter.” Ford Bayers Will Benefit By Redaction Ordered in Taxes Buyers of Ford tars may now reap the benefit of the two per cent reduction in excise tax,-not- withstanding the fact that the federal tax reduction does not be- come effective until March 29. Until the time set by. congress for the fcc>rdl tax cut, the Ford Mo- ter Company and its dealers will absorb the difference, the Ford Motor Company announces. This action has been taken, it is stated, to remove any incentive for purchasers to delay buying cars until March 29 at which time the great volume of normal. spring jbusiness will have begun. By \absorbing the tax cut the com- |pany and its dedlers insure a |more equalized market and avoid ithe possibility of a serious con- ithe fight could have been staged | gestion with resultant long waits for delivery. Herman Leseh ot. ‘airmont, Minn., who killed a! pes an au- tomobile crash, was fined $1,000 and ordered to refrain from driv-| ing a car for the rest of his life. THE SPECIAL SIX SEDAN Tdle capital is no more productive which ‘he is best fitted. portant than an idle man, and yet many owners of capital are not in a post- tion to employ it in business fur themselves. They can put it to work only by entrusting it to others. At the same time, many men who} have: the abilify to use large amounts of capital for the advan- tage both of themselves and of their communities do not possess sufii- cient funds of their own to enable them to engage in business without assistance. They néed somebody to give them the necessary financial backing. : One way in which a business man may get such assistafice is through is bank. When the bank makes him a loan, it shares for the time being im the risks’ of his Lusinéss. ‘A bank, however, cannot afford to tie up its depositors’ funds for an indefinite period. ‘he loans which it makes must usually be repai¢ at the end of a few months. Business men frequently need these short term credits, but they also need capital that will be in- vested permanently in their enter- prises. ‘he manufacturer, for €x- ample, must have the permanent use of funds to enable him to invest In a tract of land, erect a building, and install machinery. He cannot de- pend on his bank to finance these operations. ‘One way by which he may get the permanent use of more capitai is to form a partnership with one or more persons. who have ample financial resources and who are willing to share in the risks and profits of his business. The partnership possesses many, advantages over the one-man con- cern. It not only provides a larger amount of capital, but it permits specialization in management. One’ of the partners, for instance, may look after production, and another may give his entire attention to sales, each doing. the work for’ But the im- business unitstoday are no longer the one-man concern or the small partnership. Our manufac- Sas onan coer panies have attain tions, and they require millions of dollars where formerly a few thou- sands. would suffice. The largest steel company in the United States employs nearly two billion dollars of capital in its op- erations. No man in the world is rich enough to own it, and, even if there were such an individual, it is hardly probable that he would be willing to invest his entire for- tame in a single undertaking. This great business concera, therefore, has obtained its capital from the investments made by more than a hundred and fifty thousand people in stocks and bonds. This large army of investors share in the risks as well as in the earnings of the business. So long as the com- pany prospers they will receive their dividends and interest. If it should meet with financial reverses, the stockholders, who are the owners, might have to do without their divi- dends. The number of people who are thus individually assuming a small part of the risks of business in this country by investing their surplus funds is not definitely known, but is rapidiy increasing. Probably four or five million is a fair esti- mate: This wide distribution of owner- ship and consequent risks calls for constantly better management and more intéfligent workers, Without this willingness on the part of millions to share in the risks of modern business, it would be im- possible for us to enjoy the abun- dance of useful goods of all kinds which large-scale production, utili- zation of machinery. and division of labor have made possible. Westgax Exectaic News, COOLIDGE’S FATHER SUFFERS RELAPSE (By Associated Prern) PLYMOUTH, Vt., March 12.— Colonel John £€. Coolidge, father of the president, was weaker this morning than at any time since his serious illness last November. After a*decided relapse yester- day, his physician, Dr. Aibert W. Cram, of Bridgewater said. that the colonel had. continued to lose ground during the night but was resting as comfortably as could be expected this morning. Dr. Cram admitted that the 80 year old father of the president F. H. SOLOMON PLUMBER Sheet Metal Work CALL. PHONE 621-W $1215 force-feed lubrication, air cleaner, gasoline filter, oil plus 4-wheel brakes, full balloon tires wheels included at no extra cost All it will take to convince you that this Special Six Sedan does give more REAL VALUE for the money is a casual inspection plus a short ride. MELTZER & NAVARRO AUTO CO. DISTRIBUTORS FOR MONROE COUNTY ————S_—— So was in a serious condition. The physician expected to spend most of the day at the bedside of the sufferer, unless a marked change for the better was apparent. Last night he kept a three hour vigil. The white house was informed of ‘developments and Dr. Cram was in communication with ogre James Coupal, physician the WANTED Tract of Pine From Owner Also Hardwood Timber For Milling CAMPBELL HARDWOOD CO. ine.) Mobile, Alabama Censegososcceee eee eeeeeecooosses Club, at Tampa. - i Juana Jockey Club, at Tia Juana. Meeting of Havans-American Jockey Club, at Havana. Cycling: Fifth day of interna- tional six-day race in New York. Bowling: American Bowling Congress tournament, at Toledo. Track: Missouri Valley Con- ference indoor championships, at Ames, Ia, Golf; Belleair women’s cham- pionship tournament, ‘at Belleair, Fia. Annual Volusia champion- ship tournament, at Ormond Beach, Fis. oe Gymnastics: National A. A. U. junior championships, at Newark, N. J. Metropolitan A.” A. U. championships, at Newark, N. J. Western Conference champion- ships, at Purdue University. Wrestling: Western Confer- ence championships, at Purdtie University. Missouri Valley Con- ference championships, at Still- water, Okla. Fencing: Western Conference championships, at Purdue Univer- sity. Boxing: | Maxey Rosenbloom vs, Willie Walker, 10 rounds, at New York. president. Major Coupal came here last November when severe attacks of heart blocks made Col. Coolidge’s condition alarming. WALTER'S GALVANIZED TIN SHINGLES Cornell Wall Board, Sash, Doors, Bfinds, Carey’s Cement Roofing. H. B. Davis 100 Per his home in Havana, to report to Manager Hendricks for the spring training season. Hendricks was headed for ‘Tink+ et field when the Cuban. arrived and the two motored out to the park together to look on the af- ternoon workout -which is taking plies of the Cleveland-Cincinnati boosters day game which was awarded a beautiful lot si: OF ALL ENCUM: 110 West 40th Street’ ecevcccosooce to make With the installation of new, satitary equipaeat, we are pre {our tee Cream males tt a Nutsitions Food. A. LUCIGNANI We have a large quantity of medium grade until tomorrow ‘of inclement weather. eee ex There are kidwn ‘to ‘He® 20;- 080 vagabond lepers in Japan. ~ What’s The Difference. BETWEEN A COBBLER AND A SHOE REBUILDER? The answer is found in the work turned out by this slop E Bring Your Shoe Repair Work -Here ©. K. SHOE SHOP CAN YOU SOLVE THIS? 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