The Key West Citizen Newspaper, September 25, 1934, Page 4

»Ernest Meres, prominent figure ip the sponge buying world, who ‘was in Key West for several days guest of his son-in-law and whter, Mr. and Mrs, ©. C. left over the highway yes- iy for Tampa, accompanied, by Meres, » Meres is a frequent visitor to West, especially when the ®ponge catches are large. He is the head of an establishment in Springs and manager of the Schroeder and Tremaine sponge buying and shipping es- Pliny Key cng “5 Of Marriage ‘Mrs. Edith Hardin of Southard] announces the marriage of her daughter, Miss Ruth Hardin, to John A, Knowles, The event took place on Sun- day evening. pe ei mmenemeoel Saleen tceta anti tnah aectanenehincnatemetaak dia dea anaes Maree a Mr. And Mrs. Brown Return From Trip Mr, and Mrs, C, C. Brown who! have been on an extended trip to| points in North and South Caro>| lina and other sections, have re- turned to Key West. They were accompanied on the trip home by Mr. Brown’s mother and nephew, who will spend a! while visiting here with Mr. and Mrs. Brown. To Give Bridge Party Thursday The Citizen has been requested to announce that there will be a bridge party given on Thursday afternoon at the Woman’s Club House on Division street by the Division Street Parent-Teacher Association, . An enjoyable afternoon’s en- tertainment is promised all who attend, PERSONAL MENTION «Attorney. George G. Brooks re- turned over the -East Coast yes- terday from a business visit of several days at West Palm Beach. ‘Henry 0. Russell, of the Penin- ila Insurance Company of Key was a returning passenger the East Coast yesterday from Miami. Mr, and Mrs, D, F, Boyd, of la Harbor, Ohio, who are visitors to Florida and pay visits to Key West each} year, arrived yesterday for a visit| of several days. Mes. Alpheus Higgs, who was fn Miami to attend the funeral services of a relative, was a re- turning passenger on the morning train yesterday. John Y. Harris, veteran of the world war, who was in the Marine - Hospital for treatment, left yes- + aad for his home in Bay Pines, Miss Sadie Colee, sister of Mrs. J, F. Hathaway, who was visiting] Mr. and Mrs, Hathaway for sev-| eral weeks, left on the afternoon train yesterday for her home in Pensacola. Sherman Adler, of Miami, who se the waste metal at Dry from the United States wovernment, returned on the aft- train yesterday after be-' in the city for several days. ! . Floyd Whalton left over East Coast yesterday after- for Miami where she will a few days visiting her sis- Mrs. Kathleen Knowles and! Mary Maloney. Mrs. James E. Duane, Jr., and little daughter Jacqueline were passengers on the afternoon train} yesterday going to spend the week! with Mr. Duane at Long Key,! Fia, B. A, Papy, member of the Charles Saunders firm of whole- sale grocers, left on the afternoon train yesterday for Miami. State Senator Arthur Gomez left yesterday afternoon for points in the state and will go to Tallahassee on business before re- turning, Gonzalo Bezgnillo, manager of the Palace Theater, left on the afternoon train yesterday for Mi- ami to be gone several days, Mrs, Venecia Adams, who was spending a while in Key West with relatives, left over the East Coast yesterday afternoon for her home in Miami. Jack Baldwin, special investi- } gator of the Florida East Coast Railway, was an arrivel over the line yesterday from Miami for a short business visit. Alquilino Lopez, Jr., county solicitor, left over the East Coast yesterday afternoon for Miami and Fort Lauderdale, where he will remain several days on legal business, Mrs, William Camalier was an arrival over the highway this week her son and and Mrs. Wil daughter-in-law, Mr. 1 Camalier, Jr. Mrs. Mary Johnson left on the afternoon train yesterday for Mi-! ami where she will spend several months with relatives and friends. W. R. Porter, president of the First National Bank, left on the afternoon train yesterday for a few days stay in Miami on busi-| ness, Charles Taylor, manager of the Porter Dock Company, who was spending the week-end in Miami, returned over the East Coast yes- terday. seseecennouer a Hemans, English poetess, born, Died March 16, 1635, | 1807—Alfred Vail, associated with Morse in the invention and development of telegraphy, born St Morristown, N. J. Died there,| dan, 18, 1859. 1832—William Le Baron Jen-! ney, Chicago architect and inven- tor of the skeleton construction for skyscrapers, born at Fairhav-| en, Mass, Died June 15, 1907. 1841—James M. Bailey, the) Danbury, Conn., newspaper own- er, editor and humorist, known as| the. “Danbury News Man,” born at Albany, N. Y. Died March 4, 1894. 1843—Thoma C. Chamberlin, noted American geologist and col-! lege president, born at Mattoon, | Ml. Died in Chicago, Nov. 15, | 1928. j 1847—Vinnie Ream Hoxie, not-| ed American sculptor, born at Madison, Wis. Died Nov. 20, ivid. 1855—William 5. Benson, ad- miral-in-chief of naval operations) jm World War, born at On, | | for making fountain pens, insula- | TO SUBSCRIBERS If you do not receive your paper by 6:00 o’clock in the afternoon eall telephone 51 and a paper will be sent to your home. A complaint boy is on duty at this office from 6:00 to 7:15 p. m. for the purpose of delivering com- plaints. Help us give you 100 percent service by calling 51 if you do not receive The Citizen. SE, Chicken feathers have been dis- solved to form a plastic suitable | tors and various novelt The total membership in all} church denominations in the Uni- | ted States is nearly 61,000,000, Died in Washington, D. May 20, 1932. od ALACE Judith Allen-Reginald Denny sala Ha DANCING MAN Comedy and Short Reel tin 10-15¢; Night, 10-20 a | Key West's First Funeral Home | | K lance | | | PRITCHARD Phone 548 Never Sleeps RETURN TO OLD FUNDAMENTALS SEEN IN HOUSING LOANS (Continued from Page One) word, and if the bank will make the loan, the government will as- sume some of the risk by partially insuring that loan against any failure to-repay.” To many of the younger gen- eration of bankers, such a proposi- tion is revolutionary. Administra- tion officials have been surprised, however, at -the promise of the banking munity to cooperate. com- be seen, Community Once Factor Like everything else in the American economic scheme, bank- ing and credit originated in the small community. many years the stamp of that in- fluence, The banker knew personally every patron of his bank. When} one asked for a loan, the bank/ simply asked itself whether the applicant was the sort who could be trusted. All of that changed with the growth of the country. Chain banking sprang up, and many small banks were controlled from New York by men who knew next to nothing about the local com- munities where they had branches. Personal banking all but dis- appeared. An applicant for a loan was required automatically to list his assets, usually to put a lien on some of them. The amount of the assets determined the amount of the loan. Senator Glass called it the degeneration of many banks into nothing but “pawn. shops.” Integrity Vs. Assets The same thing happened to credit generally. When Marshall Field originated department store credit sales in this country he laid down one rule. He instructed is credit manager to determine in each case, not what property or endorsements the applicant had, but whether he was the sort of man who was accustomed to keep his word. Today it is the usual thing for department stores to rely almost entirely on Dunn and Bradstreet or similar ratings. One great lesson of the smash of 1929 is that while character does not change greatly, collateral does. Stocks and bonds put up as security for loans, and real estate on which credit ratings had been based, dropped spectacularly in value almost evernight. The lenders and those who sold on credit, after the manner of the from Miami and is the guest of} "¢W collateral loan era, were in deep trouble. They wished they had taken greater thought of the integrity of applicants, and of the possession of property. Now the housing program seeks —in a limited way, it is true, but significantly—to restore intrin- sic worth as the basis of credit. In the course of a few weeks or a few months, the country will know whether the bankers really mean business when they promise to go along. The test will be whether John Jones really gets his loan without first showing he is in a condition, financially, to repay it tomorrow, down to the last nickel, Subscribe for The Citizen. ae USED CAR BARGAINS $395 1932 Plymouth 1931 Buick Light Eight Sedan, Coach, clean . ae new tires, A No. 1 me- canieat condi- : $425 Sport Road- .. $265 “. $150 .. $165 1929 Dodge Sedan EASY TERMS In most cases your present car will be accepted as down payment and the balance to be paid on liberal and easy terms. MELTZER MOTOR COMPANY Caroline and New Sts. PHONE 377 1931 Plymouth very good 1931 Chevrolet ster, (Rumble Seat) 1929 Nash six Sedan Hupmobile Sedan .. widespread} To he degree that cooperation actually! past Goat Berry Company, ak will be carried through remains to) It carried for}. less} physical | THE KEY WEST CITIZEN STEAMER MALLORY i BRINGS IN FREIGHT SHIP ARRIVED FROM GALVES. TON ENROUTE TO : NEW YORK Freighter Henry R. Mallory of the Clyde-Mallory Lines arrived in port 10 o’clock last night from Galveston and salied 11:30 for New York, The vessel carried shipments of empty beer bottles, live turtle and a miscellaneous assort of freight. Ferry Parrott of the Florida tived yesterday afternoon from Cuba with 113 sacks of mail and, baggage. AUTO SNATCHES SYDNEY INFANT REAR BUMPER ON AUTO CAR GRIPS BABY CARRIAGE AND MOVES ON (By Ansociatea Press) SYDNEY, Australia, Sept. 25. —A motor car running along a street in Nerth Sydney towing a baby carriage and a_ screaming woman pursuing the c&r on foot caused commotion here recently, There was a jam in traffic. perambulator across the street be- hind the cars. As the traffic started, a woman driver let her automobile slip back as she shifted her gears. A rear bumper grip- ped the “pram” and the car jerked the buggy from the hands of the astonished mother and took it along. The driver was unconscious of the pandemonium that broke out behind her until a wildly excited butcher left his shop door and danced in front of the car. Then j the surprised driver jammed on {her brak The least disturbed person con- cerned was the undamaged babs A’ mother was pushing her baby in ai Governor’s Safety Committee Offers EDITOR’S NOTE — The Citizen today presents an- other of a series of “Safety Hints,” prepared by the Gov- ernor’s Committee on Public Safety under the ction of Asher Frank, State Safety di- rector. Safe Driving Slow down at intersections—! look both ways before crossing. ; Make @ habit “of this practice. | Don’t take a chance with your! own life or the lives of others. ; Thousands of people are killed each year because drivers fail to} slow down at crossroads. Many !more thousands are injured and {the property damage runs into | millions of dollars. Obey this sim- ple rule throughout 1934: Slow down at intersections, ‘FLORIDA PRODUCTS ‘HELP GOLF LINKS | NATURAL RESOURCES TO HELP PAY FOR OPERA. ! TION OF COURSE | (My Apsociated Press) | HOLLYWOOD, Fla., Sept. 25.| —Florida’s natural resources are } to help pay for this municipal golf: course. Having discovered a grapefruit | grove on the site’ of the new) ; course, the. city golf commission! |-has been instructed to cultyiate; ; and maintain the grove, | profits going toward cost of op- ; eration of the golf course. The golf commission will be} chartered asa non-profit organi- zation with its members serving] without compensation. city’s new| | | Constructed of steel tubing} |molded to- shape with a_ blow-; torch, a 700-pound streamlined} automobile has been produced at! Pasadena, Calif. | Montgomery, will be moved ENGINEER OFFICE FOR PANAMA CITY WILL BE MOVED FROM MONT- GOMERY BECOMING EF- FECTIVE OCT. 1 Ohy Axsociated Pres) PANAMA CITY, Fla., Sept. 25. A subordinate office of the Unit- ed States army engineers corps, located for the past 15 years in to Panama City effective Oct, 1, Maj. D. C. Traverthen and Lieut. F. Z. Pirkey will be in charge of the office here, which will be located in the county courthouse. BENJAMIN LOPEZ FUNERAL HOME Established 49 Years Key West's Oldest 24-Hour Ambulance Service Licensed Embalmer Phone 135 FERRY SERVICE} TO and from MIAMI 40 Miles to Ferry at No Name Key. 39 Miles (26 Miles by Ferry) to Matecumbe, 90 Miles to Miami, Ferries leave No Name Key (Northbound) and Matecumbe (Southbound) at 9:00 a. m. and 2 p. m. daily. For Reservations West call 460; in Mi Miami Motor Club. 33611, RESTAURANT SERVICE ON FERRIES Passenger Rates: Cars under 15 feet Cars 15 to 16 feet Cars 16 feet and over Note: The prices for pas- senger cars include driver and up to four (4) passengers. Each passenger over and above this number 50c | Copyright 1934, {fhe American Tobacco Company. | | | “It’s toa | | i sted” Your throat protection—against irritation against cough Night 696-W ‘| 1 of the General Electric Monitor eigecators puvehoces © per are in the kitchen: original owners, They are ing such economical, trouble- service * that G-E now offers an a 5 year Protection Plan against ilure of the famous Monitor Top mechanism for only $5. See the wide range of new models in our display rooms. Monitor To; Flat-top and Liftop ... there's a G-! Refrigerator for every home, every income, Let us prove to you how it will pay for itself in savings. ‘Why not make your selection now? Pr ads this year. It i de those G-E Monitor To refrigeracors: whichhave 97 Ste rete ce ice bur beeadisposed ofby their original purchase". THE KEY WEST ELECTRIC COMPANY A. F. AYALA, Sales Manager LILIES ELENA ANA LLL SUBSCRIBE FOR THE CITIZEN—20e WEEKLY BIIIIIIIIILII IAs II LiH4 How Refres ing / And that means—Luckies use only the clean center leaves— . these are the mildest leaves—they cost more—they taste better,