New Britain Herald Newspaper, April 1, 1922, Page 11

MEXICO’S WEALTH IS NEW BRITAIN DAILY HERALD, SATURDAY, APRIL 1 ! Financial News CAUSE FOR HER UNHAPPINESS, ROGER BARSON FEELS It s evident from the dispatiches that attempts being made to stir up trouble in Mexico, Fivst we hear that Obregon 15 very fll and then that Isteban Can tu Is planning an uprising, Recently in New Orleans, Roger W, Bahson nas talked with men who had secn Obregon within a few days, Mr. Ilabson outlines the situation as fol- lows: “It is true that Obregon still has trouble .with the stump of his arm which he lost during the revolution, He has even considered going to the Mayo Brothers hospital at Rochester, Minnesota, where some of his asso- clates have heen, to ses what can he done for It. Otherwise, Obregon is in talr physical condition and as I am preparing this statement he is on a trip of Inspection at Vera Cruz. “Esteban Cantu is trying to con- solidate the different factions oppos- ing Obregon, including certain old Carranzistas. It is believed in New Orleans, Ban Antonio and ¥l Paso that Cantu is the only leader, with the exception of Villareal, who can cause Obregon any serious trouble. Cantu was the governor of lower Cal- ifornia under the Carranza adminis- tration, He carrled on a very inde- pendent government and his main ob- Jection to Obregon is that the latter insisted that he, Cantu, obey the laws of Mexico. Of course the oil situation is a great factor in Mexican politics. Obregon {s between the devil and the deep blue sea. If he conforms with the wishes of the United States, he gets into trouble with his own people. He certainly cannot satisfy his own people without getting into trouble with the United States. “The situation is still further com- plicated by the British interests and desires. There have been times when Obregon and . our state depart- ment have almost come to terms but something has happened to upset the apple cart. In New Orleans they tell me that this ‘“something” is British interests who are operating in competition with the American Oil companies. At any rate at best it is a three-cornered fight and even if his intentions were the best, Obregon would have a hard time to pacify all three interests. One thing, however, is evident, namely that Obregon is do- ing well as anyone could do. Cer- tainly todmy he deserves the support of peace-loving people. It is surpris- ing the great improvement that has taken place in Mexico during the past two years. Transportation is rapidly teing restored, one can travel now in comparative safety and last month even the passport restrictions were removed. “Of course there is no gainsaying the fact that Mexico's wealth of oil is largely responsible for her unhap- piness, Certainly it oil that started the conflagration. On the other hand we cannot travel in Mex- ico without being impressed by the wretched social conditions there ex- isting. With a population of 16,000,- ano. there are a few rich people, while the remaining 99 per cent. of the population are handicapped by ignorance, filth and superstition. It is truly pitiful to sec these poor peons enslaved first for labor and then for war, aimlessly working or fighting for purposes they know nothing about and being led by promises appealing only to their lowest instincts. “Truly the Creator has given Mex- ico a great wealth of natural re-| sources; but the great mass of ]\1‘r‘5 people are at present in a very hope- Jess condition, inferior from every point of view. “A study of evidence that a perous must he founded and education and that less without the other. 4 be honest doubts in the minds of many as to whether the people of Mexico have either of these funda- mentals. Granting, however, that her people have a primitive form of re- ligion given them by the priests who are so numerous in Mexico; the fact| nevertheless remains that the people themselves ave living in ignorance. | “Wadrals, ehurches and the ringing bells cannot help having some good | =ious teaching soon | results only in a nlevolopmr; of super- | s religious teaching | \\m)h while educa An unlearned man may with ,.. necome o great power ior but he does so not by remain- ing in ignorance and filth. Religion that is worth while shows itself in developing industry, cleanliness and a desire for knowledge. “yet, knowledge itself without re ligion is a dangerous thing. 'I'his wu foreibly illustrated in the cd of Germany, and is evident today when one studies some of the younger Mexican leaders. Disappointed with the attitude df the established church in Mexico, they have thrown aside allegiance to an interest churches. Many of thesc eans are professed Athe are keen on philosophies, economics, sociology and the like, but have no regard for religion of any form. They seject all kinds, true and false. Edu- cation supplies the tools with which peopie may work; hut religion deter- | mines the purpose for which these | tools shall be used. Natural re-| sources or political power in the hands of men not actuated by sanc religlous principlcs makes a very dangerous situation. fack of \'l‘:ll. religion in Germa was the cause of | the great world wur, and lack of real | religion on the part of some of her naighbors is now the ¢ 0 of Huarope's chaotic condition. There will be no permaiient peace in Burope, Mexico, or any other part of the world uatil the lealers and a sufficient portion | of the people have both real religion | and education. | “In view of these conditions let me s a word for many small col- leges and tered through- out the worid. hese are honestly| striving to give useful education tog the people and at the same time in culeate sare reiigious pi iples. This | ingures that the cducat shall l:t: used along right lines after it is re quired, Toe institutions or jearn- Ing are l"vng fostored by the | honic and ru &n rissionary depart- | ments of our v-\.n d(-nomixmtlonnli bodies. Most of thesc colleges and | chools ure doing very valuable work | and they offer (e best investment the | busineas man caa make. 1 care not, Mr. Meader, nether you are IPro testant, Catholic or llebrew., If you newspaper are again additional § to be pr on religion one is use- There may Mexico is nation tion. | good, 1001y want to he of real service to world, go to your pastor, priest or Rabbl and ask him for the name of some progressive Institution of learn- ing which Is giving to the poor people of our own or some other country a sane religlous education, “A man s justified in accumulating a certain amount of money necessary to take of his family after his death. Btatisties, however, clearly show that many clildren have been ruined by being left too much money, Many readers of this statement know in their own hearts that the best inter. ests of their children require that no more money should he lald up for them, Many fathers arc now in a position where if they have the best interests of their children at heart, they will not allow their fortune to accumulate any larger. 1 say this most serlously and considerately. ““T'his, however, does not mean that one should retire from business and spend the remainder of one's life in foolishly spending money, Many men have goie to pieces hyegiving up their business simply because they had ac- quired enough wealth for their own and thelr families needs. We shouldn’t be in husiness merely to make money but rather to render service, All of us are in a better po- sitfon to render service in our busi- ness after we have accumulated a fortune than before. This means that we should continue in business and continue to make profits, A husiness that does not make profits is usually one that it not rendering service. Thus the question confronts many successful men. What shall be done with the profits? “My advice to such men is that they help establish institutions that are giving in this or other countries a constructive religious education. If you can give only small amounts se- lect young people to educate or give scholarships to these institutions. Tf you cannot bother with details make contributions to the endowment funds. The greatest real pleasure comes from presenting some institu- tions with buildings which you can name in memory of your parents or some son, daughter or friend. I have visited several of these educational institutions on my recent trip about the country and find all of them are in need of new buildings for various legitimate purposes. However, the purpose of this statement is not to solicit for colleges but rather to im- press upon the readers that the solu- tion of the Mexican problem, the Chinese, Japanese, Far Fast, and all international problems lies in the de- velopment of Christian education. “General business is holding at 12 per cent. below normal in face of un- settled industrial conditions. The fact justifies to an increased improve- ment in the morale, “In the interstate commerce com- mission is able to put through a pro- gram allowing substantial reduction of rates on heavy commodities fur- ther improvement may be expected.” the City Items “Hortense” Fqx Trot at Morans’.— advt. Meet me at Schmarr's for dinner— advt, The regular meeting of the W. C. T. U. will be held Tuesday, April 4, at 3 o'clock, at Center church. It is expected the superintendent of de- partments will have reports ready at this time, and suggestions for future work will be presented. “Wanna," a corking new dance rec- ord. C. L. Pierce & Co.—advt. You wanna hear “Wanna' at Morans —advt. POLICE SHIT'TS Policemen William O'Mara and Walter Malona began duty this morn- ing at the 4 to 11 a. m. shift; Police- men James McCabe and Michael Meehan, went from that shift to the 11 a. m. to 7 p. m, shift, and Police- men Thomas Storey and Axel Carlson returned to night duty. |Am ¢ Am It Sug wn Cr Loco 8m Am Amn Am Am Am Am Am & 0 s & Re, Sy Re em, Sum Tob Tel & Tel, OB i vaiiaal Am Wool Ana (lop Ateh Tp & 8 1", At GIf & W I, Bald Loco ..,..1 Naltl & Ohto, ., Beth Stl B Can Pac ..., Cen Leath Co Ches & Ohio Ch MI & 8 P, Ch Rk I & P, Chile Cop ... Chino Cop ... Con Gas ...,,.1 Crn Prd Ref ...1 Cru Steel ...... Cub Cn Sug.. Endi John ., Hnie: s cee Gen Elee | Gens Moty Good (BF) .... Gt North pfd Int Con Int Con pfd Int Mr Mr Int Mr Mr pfd Allis Chal . g O % v Int Nickel ..... Int"Paper ', .v.s Kel Spg Tire Kenn Cop ..... Lack Steel , Lehigh Val Mex Pet Mid Steel Miss Pac N Y Cen NYNH Nor & West No Pac ... Pure Oil Pan Am P & I' Penn R R Pierce Arrow Ray Con Cop . Reading Rep I & . Royal D, N Y. Sin Oil Ref . So Pac So Rail .... Stude Co Texas Co Trans Of! Union Pac .. United Fruit United Re St 8.Fd Prd S In Alco. J 8 Rub Co . ] S Steel ] S Steel Utah Cop Willys Over ... oad! ptd. .1 (Putna Hfd Elec Light High . 401 LAY 06 11014 54 % . Ty % 1% 37% 8814 01y L 0T 3014 1% 419 74 136% 3714 . 62% 8% . 409 17% 27% 001 ° 07 573% 15 843 1% 1675 108 40% 72 315 83 72% 46 y 16% 46% 4Ty 207% 51% 60 3% 21 63% 95% 17% 633 8% m & Southern N E. Tel . Am Hardware Piltings & Spen. com. Bristol Brass . Colt's Arms . Eagle Lock .. Landers, F N. B. Machine . Niles-Be Pond co North and Judd Peck, § i Russell Mfg. Co Scovill Mfg. Co Standard Screw Traut & Hine .. Union Mfg. Co .. Stanley Works .. APPLIED Y. will give in M. C. A, hall, simple, 40 473 166 15 110 1 b3 % 3214 1213 137 8T% 50 % 9714 3014 110% 1 41% KEETY 1 o 6114 1 1 Low Ci lose 401 471 10 53 0% 1% 3214 1219 137% 3T% 61% 97 3014 107% 41 729 369 364, 23% 101 17% 7% 08t 07 567 15 §3% 11% 1575 2 % 16% 72 46 40% 161 46 4614 20% 511 60 119% 33 22 8614 2084 103 75 311 5414 39% 17% 147% 4% 521 537 24 865 228 1121 1 44 9% 134y 1 1413 1 45 5% 46 62% 9514 117% 1 63 8 Co.) 103 4014 12 3% 81 1615 72 72 46 52% 16% 46% 4y 13% 4% 9% 34% 41% 45 5% 46% 62% 951 17% 63% 8% Bid Asked 156 1 68 29 «.119 122 165 1 YCHOLOGY The lecture by Joseph H. Stokes in Sunday afternoon, clear 58 language, a real idea of this most practical of all studies. His experience of 20 years, among all classes of people en- ables him to give o onderful illus- tartions of what this sclence can do in bringing health, prosperity to all who learn how to use it. happiness and He has been making wonder- ful demonstrations in Hartford, where he has been for nearly a year, e Wednesday, April 5 Up To And Including Wednesday, April 5thy We Will Receive Your Savings Deposits As Of The 1st Of April. Start Your Account Now—41/2% Open Saifirday Evenings—7 to 9 P. M. DEMOCRATS SELECT ,|proceed immediately to Berlin, . COMPLETE TICKET Paonessa’s Nomination Ratiied-- Yote for Primary System The nomination of Angelo M. Pao nessa. as democrat candidate for mayor was ratified at the annual eity convention of the democratic party in K. of C. meeting hall last night, and an entire city ticket was sclected, The convention voted endorsement of the primary system to replace the old caucus plan, this change to hecome effective in the fall elections this year, Paoncssa Speaks In his speech of acceptance, Mrp, Paonessa assurcd the convention that, if elected, he would expend every ef- fort to give the city the best govern ment within reach. He promised personal supervision of the work of all boards and commissions, He sured that he would keep as close i record of income and expenditure of city funds as he would of his own private funds. In conclusion, he ed cooperation in the campaign plans to wage to secure election. Lawyer Dunn Presides Lawyer David T. Dunn was chair- man of the meeting and James P, Kiniry was clerk. Stephen A. Lynch, council candidate in the sixth ward, nominated Mr. Paonessa for mayor, and James O'Connor seconded the motion. The vote was carried with- out a dissenting voice and Mr, Pao- nessa was escorted into the meeting hall. A committee Di women was named to retire and bring in a nomination tor the school board. They were un- able to produce a candidate. M lLaura Mangan, wife of Judge W. F Mangan, was then nominated from the floor, and she was elected to the ticket by unanimous vote. Lawyer David L. Dunn was named as the other school hoard candidate. Constables Named James Iarrell, John L. Ross, James W. Manning and M. F. Kerwin werc nominated for places as constables. Thomas J. Smith was unanimously elected to the ticket as candidate for registrar of voters. Other nominations made were: City clerk, Gerald P. Crean; city treasurer, Morey Borlen; comptroller, John J. Kiniry; tax collector, William Hop- kins. he Amendment Carried The resolution for an amendment to the by-laws which would permit of primaries every year in place of ward caucuses, was unanimously car- ried. There was little debate on the: resolution, introduced by Stephen Lynch and signed by Mr. Lynch and Joseph M. O’Brien. . HOUGHTON SAILS New York, April 1l.—Alanzon B. Houghton of Corning, N. Y., newly appointed ambassador to Germany, his wife and two daughters were passen- gers aboard the Olympic, sailing today for England. The ambassador will to’ Jersey, pro- The name Kersey, as applied cloth, is a corruption of where this material was first duced. PALACE—The Biggest S RICHARD BARTHELMES! Paramount’s Great Si “THE MISTRESS NO OFFI Capital $2,000,000.00. Bank by mail. It is 178 Mai Monday Even or small vault is really safe in these days of acetylene torches and electric drills. only absolute protection is afforded by a mod- ern safe deposit vault. Safe Deposit Boxes of all sizes for indivi- duals and corporations. Savings Bank of New Britain A MUTUAL SAVINGS BANK Organized 1862 Offers its services to all. Urges everyone to save Paying 41,9, Interest Open 9 A. M. to 4 P. M. 29, Jaa, CIRCUS OPENS Bungling Brothers Do Not Bungle As Lion Talks and Bacon and Fggs Are Scrambled, With a cymb loud whoop, a crash of the boom of the base drum and the roar of the trained animals, the Bungling Brothers' circus held its initlal performance in the Y, W, ( last evening, Despite the inclement wenther and the republican primaries there was a large audience, which appeared unusually eppreciative, The Brownie pyramidists and the mass apparatus work drew round after round of applause, Leo, the talking llon, and Bullers, “the strong man who ecats garlie,” were the comedy events of the show, Under the direction of 1%, 1., Bacon, the “Bacon and Eggs'" troupe offered an old time comedy tumbling nct which met with universal approval. The nest and last performance will tuke place tonight at 8:15 o'clock, For Congress Mrs. T. T. Cotnam, of Little Rock, is the first woman run for Congress. She has delivered suffrage lectures in 35 states of the union. in Arkansas to MONEY IN GRAIN buys Guarantee Option on 10,000 bushels of wheat or corn, No farther risk. A movement of 5c from Guarantee Pri ¢ gives you an opportunity to take $500; 4c, $400; 3c, $300, ete. Write for particulars and free market letter. Investors . Daily Guide, Southwest Branch, Desk NU, 1004 Baltimore Ave., Kansas City, Mo. $12.50 TOMORROW ONLY Sunday Evening, April 2 Constance Talmadge in ‘Up the Road With Sally’ BUCK JONES in “Pardon My Nerve” 2 Reel Comedy Fox News unday Show Ever Offered S in “TOL’ABLE DAVID” ix Reel Chapter Play OF THE WORLD” — Cast of 50,000 — CE SAFE The NEw BriTAIN NATIONAL BANK MM THE ONLY NATIONAL BANK IN THE CIT [T The Hartford-Connecticut Trust Lompany Corner Main and Pearl Streets, Hartford, Conn. Surplus Funds $2,000,000.00 | Saie Deposnt Boxes, $5.00 and upw. ards. ‘ettlement of Estates. Foreign Exchange to all parts of the world. LETTERS OF CREDIT — GENERAL BANKING | safe and saves time. n Street Saturday 9 to 12 ings 7:30 to 9 PUTNAM Member New York Stock Successor to Richter & Exchaoge & Co, 31 WEST MAIN STREET, NEW BRITAIN, CONN. Y R, EDDY, Mgr, We Offer TEL. 2040 50 Shares Stanley Works 50 Shares Landers,Frary & Clark JUDD & CO. MEMBERS HARTFORD STOC HARTFORD: Hartford-Conn. Trust NEW BRITAIN: 23 West Main Str Statement of Colt’s Patent Fire Ar K EXCHANGE Bldg, Tel. Charter 6330 eet, Telephone 1815, ms Mfg. Co. Presented At Annual Meeting of Stock Holders Held April 1. ASSETS: Plants—Including Real Istate, Tools, Fixtures and Furniture CURRENT Inventories . counts Receivable Bills Receivable Cash and Investments Deferred charges prepaid ...... LIABILITIE! Capital Stock . Accounts Payable . Surplus Buildings, Mac] inery, $2,777,250.71 $3,484,955.39 338,009.03 18,406.00 3.86 6,883,5604.88 190,117.01 $9,850,971.60 $5,000,000.00 20,331.12 4,830,640.48 $9,850,971.60 We recommend the purchase of (.olt s stock al the market price mnmnzon 1fenn & Co. NEW BRITAIN New Britain National Bank Bldg. Telephone 2380 DONALD R. HART, Manager Member N. Y. Stock Exchange We Offer: HARTFORD 10 Central Row Telephone Charter $000 Mcmber Hartford Stock Exchange. UNION MFG. CO. Price On Application We Do Not Accept Margin Accounts JOHN P. KEOGH Member Consolidated Stock Exchange of New York STOCKS BONDS Waterbury Danbury Middletown Bridgeport New Haven Springfield Direct Private Wire to New York and Boston G. F. GROFF, Mgr.—Room 509, N, B. Nat'l Bank Bldg.—Tel. 1012 SAFE WAY TO BORROW MONEY WE LEND MONEY on Note, er Home Furniture without removal, without inquiring of emplovers; also ers; no pawns; repavable in § to 15 or as desired; ances for actual time due. LOANS P TO $300 to persons having steady employment, or incomes, lend to property own- monthly instaliments, legal charges only, based on unpaid bal- CONFIDENTIAL CONSULTATION BANK-LIKE SERVICE This Institutlon Is conducted in a spirit of service, and not solely ful; strictly confidential and er accounts paid off; private inquiries; QUICK Saturdays, 9 to 1. ¥ financed and directed by business and professional for profit; very fair and courteous dealings; new horrowers welcomed, SERVICE, HOURS, 9 to CALL OR WRITE BENEFICIAL LOAN SOCIETY ROOMS 104-5, Professtonal Bldg., 87 WEST MAIN ST, (SECOND FLOOR, RIGHT) Licensed By State Bank Commisstoner, Bonded to the State, Deposited in Our Savings Department on or before APRIL 3rd Draws Interest From the