The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1920-01-29
WARNS OF WASTE
Extravaganza Leads to Finan-
eiaI Wreck, Bailey Asserts.
AtchisOn Banker Before To-
peka Rotarians Today.

Serious danger OF a financial wreck
unless a halt is called onNthe money
spending propenSities of the times was
predicted today at the Rotary club
luncheon by Willis ]. Bailey, Atchison,
former governor banker and a mem
Der of the board of directors of the
Federal Reserve bank. Bailey was the
principal speaker at the luncheon.
The former governor pictured the
possible necessary eXtraVaga and
easy credit of the war days. continuing
at the present time. = malt, he stated,
was absolutely necessary.
This danger. he explained. had been
foreseen by directors of the federal re-
serve bank and he announced initial
steps in the stoppase of the country's
extravag ance was planned thru the
board. The plan. as outlined by the
Atchison man. was to increase inter-
est rates at the bank and endeavor to
force down the borrowing and SPEND
ing proclivities of a money-mad ma
don.
Bailey further emphasized the need
of true Americanism in country pass
ing thru a crucial time. Deportation
of all foreigners arrayed against the
government Institutions and impris-
onment of all native born persons adj
vocating revolutionary methods were
advocated by the speaker.
Urges Big Men For Office.
Bailey. probably First district dele
gate-at-large to the national Repub-
1ican convention, predicted that such
discomfort existed in the country that
almost anybody can be nominated"
That's just the danger" he said.
we don't want anybody. We have a
mans size job ana We need a real
man"
Charles l.. NIitchelH urged Rotar-
ians to do everything possible to- get
every man, woman and child on the
census returns in Topeka. He urged
employers to canvass their employees,
ascertain If every empIoye had been
included in the census returns. and,
IL not. to take steps to communicate
with Ralph O'Neil. census supervisor
for Topeka. Mitchell gave a number
of reasons why many citizens shy at
having their names laced on the
census LIST. They follow:
Many persons have more than two
roomers and refuse to turn in their
names as they fear such information
will force them to pay tax placed
against rooming house keepers.
Some fear turning in their names
will place them on the poll tax list.
- Others owe bills and don't wish to
expose their place of residence.
~ Others are ignorant and suspi-
cious of giving out any information.
we must impress on these people
that the information is confidential
exceptin gthe government" said
Mitchell.
Three New Members.
Three new members were intro
duced by Frank /. Pinet, secretary of
the Kansas State Teachers associa-
ton. They are: Bishop James A.
Wise, DIR. Clark Mertz and William
Herwig. o. +. Engle read a paper ex-
planning the Rotary principles to the
new members.
Profit thru service said Engle,
mot service for profit is the Rotary
idea"
Members urged that the Rotarians
invite cooperation of other organiza-
tons in preparing a campaign for
erecting a soldier memorial. A mo-
ton to this effect passed and Fred
Darby, president, announced a COM
mittee would be named at the next
meeting.
The necessity of a bond issue to bet
ter the water service was mentioned
by c. L. Mitchell.
Out-of-town Rotarians guests at
the luncheon, were: W. l.. Higgins,
Emporia; Albert Faulconer, Arkansas
City; Charles A. Washer, Dodge City;
E. w. Thomas. Emporia; S. d. Wake
field, Kansas City. Mo; Dale A. Res
ing, Wichita; E. H. Tucker, Lawrence.