davidaulloa/AmericanStories huggingface dataset:
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
enormous increase in loans to the
agricultural and; live stock indus
try. 4. s$ 4
Federal Reserve.

~. Federal Reserve Situation-In
sptteSo these various criticisms, the
relation OF the Federal Reserve to the
credit; situation is equally simple. The
reserve. banks operate under federal
law, which anyone can read and un-'
;.derstaEndsswho will take the time. They
can lend, to their members only, and
loal1. They have mo power whatsoever
stO .forceiFout credit for the benefit. Of
farmers, unless member banks ask for,
1T. T9ley;are specifically prohibited by.
law from dealing with any firm. indi-
Evidual or corporation. Nc North Da-
Ekota farmer isTpermitted by law to,
borrow !, a'cent from the Federal Re
Essrye It&has "a. power oyer the rate
that any NorthTDakota bank charges
a farmen.@s9 IT'S discount rate applies
only oEthe money that 9: North Da-
kota 1nember.ssbank may%borrbw from
it, anda.has not. even thefremotest re-
lation to the rate the farmer. borrow:
err pays. II: Il,
rPresumably North Dakota in COM
moi with the remainder Of .the dis
trict, will receive from the5r. Federal
Reserve bank the credit that it asks
for. and 0 yer the very plausible
critics of the Federal Reserve system,
have yet been able to point out how
a Federal Reserve bank car >stand.at
its. vault door and shovel out money.
Ito a farmer. unless its members first
ask for the money for the benefit of
! thetr farmer customers No one, in
:. North Dakota has attempted, to assert
that the Federal Reserve bank, has,
hot supplied its North Dakota mem.
Der banks. with. the credit they have
requested or were entitled to. The. Of
fetal figures show a steadily rising
volume Of Federal Reserve, credit. to
North Dakota month by month since,
the beginning of 1920. .@,. ,t.,r
IL Refuse Membership.
~ l'Recent' figures provide some very
2 illuminating facts: There are in: North
Dakota 853 banks all told:' Only 1875
*~ofN. these,..or ;21.7 per cent; are" mem
bers of. the Federal. Reserve system.
! These are the only banks in North
, Dakota authorized by. law to borrow
from. the Federal Reserve bank. It is
therefore apparent that only one bank
Lin Ave has this right, and that 1873
per cent of all the banks in the state
have not even a remoteS connection
with the Federal Reserve bank or any
fright to'ask 1t for credit. North Da-
kota has 66S state banks. There are
HIS Of these banks which have had
the legal right for a number Of years
to take membership in the Federal
Reserve system but they have notsex-
= - ~ o. -..f >r = - o.. p.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
Claim Midland Road ! 4:
CHARGED Too Much

Fargo. N. d. Oct. 1.-THE inter
state railroad Com mission has taken
under amusement evidence; given Sat-
urday atssthe1 hearing held in Fargo in
the case of,C::2H! Hammond lot Mil
larton. N:4sD., and others against the
quarters a Jamestown, N, d..
The action. va brought to. recover
alleged unreasonable freight charges
in connection with grain shipments
moving from points on the Midland
system to eastern terminals.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17

land And a companion were taken
from a train here. n Amount, Of the al
legged embezzlement is not known,
Dubuque, Iowa, Oct: I'll. N.
Cop.'and,. arrested at Davis junction,
is wanted at Hanover, ILL.,, for the al
legged hembezzlement of more than
$4,000 from the Hanover Union
State Bank. OF which he has beer
cashier for the past year. COPELAND
1925. unmarried, and lived in the
Twin Cities prior to going to Han
over TO take the bank position. He
ts bonded by a Baltimore concern for
$4,000,
/, Olson is Stakeholder.
The. bank is owned by a stock COM
pany,.of which "Jourgen'O Olson of..Mi-
not, y. DE- is the principal stockhold-
er. Olson was in Hanover about a
week4ago and after his departure a
regular examination of the bank was
made The rest Of She stock is owned
by residents of Hanover, principally
by RETIRED farmers.
M John Eadie, president .of,the bank,
and w. is Fitzpatrick. vice, president
have made no official statement re-
garding the situation. other than to
say that there is a shortage Of $75,-
900 out '9f about $I7O, 900 deposits
n $60,09O in bonds and negotiable
securities left with the institution fol
Of an. old liability assumed when al
older bank was taken over, is under
stood to:'he included in the shortage
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
DIE. IN FIRE
In BOARDING HOUSE

Dallas. Texas. Oct. 1.-Two per-
sons were: burned to death and seven
were injured. three probably fatally,
in a boarding :house fire early today.
.seYerals.of the thirty persons in the
house had To- JUMP from upstairs
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
PAGE SEVENTEEN

hold mamrnouth lighter thar Mr.
craft. Outside din1ensionsass NJ
hangar will be 9g8 feet long, 2O9ssfsek;
wide and 100 feet high. Huge doors
at each end will be operated electri-;
callys IT lis ,estimated 3l25. 00O worth
of cement will b used lin the con-
crete work and that the electrical;
equipment will cost approximately
100000. About ESQ soldiers will be
attached to the balloon school at the
Geld s5rtyTa GaytF .8@ IHG4E eqfsa4 49, 49, 49,
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
BurLpING arc HANGAR

Belleville. Ill. Oct. 17.-Construc-,
ton OF a large hangar for the army
air service at Scott Field near here
has been started and ID expected to.
be completed next August. Major
Frank Kennedy of Washington Is
more than one million dollars.
The hangar Is intended to house
non-risid dirigibies al
though It will be spacious enough to
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
SOLDIER ACCIDENTALLY

Rockford. ILL.,. Oct. 17.-Private
John Lemieau. %, Cloquet, Mimi. was
killed when a rifle in the hands Of
Private Charles E. Fowler OF Topeka,
they were being relieved from guard
duty at Camp Grant Saturday night.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
SPECIAL
SEC ] ( ]
ACCOUNTING
{ T.: !: TRAINING ||'II !. !: !:

Young men and women with a
!. seeretarial.% - banking. or. accounting
.knowledge easily. make their way to
Xa44he'front- ''.- 80 IS
Y q. acquire thisAeducation takes~but
"a short time and the t%uition,i is very
REASONABLE. =, ~s
b Secure this training and double the
salary you are now earning. Send for
Y our free catalog and find out what
] how you can Earn the salary you ought
to have. Students enter n time.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17

had ever reached. While the loans
were going up the deposits were going
down. These banks lost in a year
about $50 millions Of deposits which
their. customers drew down for other
uses. With a 80 million dollar increase
in loans and $50 million dollar de-
crease ,inrAdeposits, their ability to- lend
tofthe farmers. was impaired to the
extent. Of $50 millions in a year. In
other. words, their assets were frozen,
and. many 11of them$were face to: facA
with the alternative of eol1ecting>preE2
vfous SSloafs or letting the examiners
close th4irst DOORS II y .
:@@.
bankers borrowed heavtly-aboutY.
175 million dollars in all which
they obtained half from the Fed
,cral Reserve and half from their
city correspondents and brought
!. into these states for the benefit
OF their customers That helped.
but after all, it was temporary
relief. Sooner or later every cent
*of. the borrowed money will have 81
to be paid back. II it is not paid
back there will be q lot more In
solvent banks.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
CASHIER OF BANK
AT HANOVER HELD
SS FOR EMBEZZLEMENT

Davis Junction. Ill.,, Oct. 17.-cash-
Ter COPELAND Of the Union State Bank
OF Hanover. ILL.,, a arrested here to-
dayton a warrant charging embezzle-
ment.55, sworn out at Savannah. Cop
land And a companion were taken
from. train here. 4 Amount Of the al
legged embezzlement is. no known,
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17

shaded portions Of map, with key, Indicate: condlttonsl in every section Of
&%n#%#AE III ~ N@%f& Rus shE ss@%@.@m%F. " &
the southern and eastern sections, I'll .plnchSof hpneer% is. felt in prac-
tcaiy the whole country. Only in tn @noTthweNeTM section has conditions:
been hveable. go. &#&E5 Ma ##MDIM Ss#< Il.
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
1|ll.||lO|||OMINERS ]. !.
III ||H|| II
'Ells, Seen Idle Since HoWat
xld Dorchy Went to Y.
4 Jail.

zsS Httsburgh, Kana., Oct. IL
O1nSsthousand coal miners Of dis
StfdE$S No. IA, who have, been idle
gEtMGR3 Alexander Howat and Aug
snstAaDOrchy went to jail, arc back
sAt8 FORK today, according to an
#olilelAl announceincnt Mt the
headquarters of, the operators
association this morning..
Grand Forks herald. [volume] (Grand Forks, N.D.) 1916-1955, 1921-10-17
RICH REPLIES.
TO ATTACKS ON
RESERVE BANK

Continued irons page ~
The log cabin Democrat., 1921-09-13

Legal blanks for sale at this office.
The log cabin Democrat., 1921-09-13
BACK FROM OKLAHOMA
 AND GLAD TO RETURN

Tom N. Ford, for many years well known farmer of Clifton town ship, is proud to resume that status. He was one of dozen or more Faulk- ner county citizens who a couple of years ago moved to Oklahoma and located in the vicinity of Konowa- on account, probably, of the similarity of the name to that of their old county seat. But unlike most of the rest of them, Tom did not sell his Faulkner county farm when he left, and now he is glad of it. He arrived Saturday night and is receiving a cordial well come back home from his old friends. "l can't say that any of us who left here have done we'll in Oklahoma" he said today, and, to tell the truth, most of us have just about gone broke. Conditions out there have been much worse than they have here. Crops have been extremely short and busi- ness decidedly bad. l don't believe there is family out there from Faulkner county which doesn't want to come back and most of them will come back as soon as they can make arrangements to do so."
The log cabin Democrat., 1921-09-13
]. s. RAIDERS FIND
 ST|LLNfAR OTTO
TWO FARMERS ARRESTED
John D. Williams and Thomas C. C. Johnston of Faulkner County
 are Taken to Little Rock.

Little Rock, Sept. 13.-When a raid ing party led by w. M. Rankin, pro- hibition officer, searched the home of John D. Williams and Thomas c. Johnston, farmers, living at Otto, 14 miles southeast of Conway, Faulkner county yesterday, they say they found more than 100 gallons of mash in the buildings of the farm. The off, cers also found six gallons of moon shine whiskey and still without a coil. The whiskey and still were found in the woods near the home.
 Officer Rankin said the men evi- dently had received tip that officers were enroute. He said they found the mash in hog troughs, weeds, chicken feeders. managers in the horse and cow stables.
 Accompanying Rankin were Deputy Sheriff Clifton Evans, Dr. Stanley and Butler Merritt. The mash and still were destroyed at the scene, and only a small quantity of whiskey was saved for evidence. More than five gallons of liquor was poured out.
 Johnston is the father-in-law of Williams. Both were lodged in the county jail yesterday and were to be given hearing before United States Commissioner James Coates today.
The log cabin Democrat., 1921-09-13
MT. PLEASANT.

Cecil Chambers had a congestive chill Saturday. Jim Sims had hard chill Sunday and Wash Hammock is on the puny list.
 Rev. Talkington preached good sermon at Mt. Pleasant Sunday at II o'clock.
 Cotton is opening fast. It will be a light job to gather it this year.
 After spending a week at the home of A. c. Dean Mrs. c. T. Dean and daughter, Ernestine, have returned to their home at Conway.
 Willie Bates has rented a place at Conway and will move down there this fall. We regret to give him up, but wish him success.
 Well, it looks like we will get a very good price for cotton this fall. Cotton buyers are going over the country trying to buy cotton. September 13.
The log cabin Democrat., 1921-09-13
GETS 36 1-2 CENTS FOR
 LONG STAPLE COTTON

Another new high mark for the sea- sonson was recorded late yesterday when Philemon Nabholz, three miles southeast of Conway, sold a bale of cotton to Frauenthal & Schwarz at
 36 1-2 cents pound. The cotton was of the Snowflake variety, classed as
 good middling, the staple measuring
 1 3-16 inches. Nabholz started out
 last year raising long staple cotton
 and says he finds it produces as many
 pounds of lint to the acre as any short staple and commands a much higher price. The seed cotton in the bale weighed 1890 pounds and the turnout was 4S0 pounds. He expects to make about seven bales on 20 acres of upland and says the boil weevil robbed him of at least five bales.
 The secret of success with this cot ton, he says, is careful picking and of all trash. The grower should require the ginner, he states, to clean his rolls before ginning and run the gin slowly for this kind of cotton
The log cabin Democrat., 1921-09-13
JUST THINK! Baby Grand Overland
 $689.OO DELIVERED TO YOU
$689.OO
DELIVERED TO YOU

car that has every convenience and modern de- wee found on selling for several thousand dolars Yet 1t is light easy to drive economical to run rides exceptionally easy-does not need shock absorbers Has demountable rims, door opening curtains. venti lating wndshied good rain proof top material splen did upholstering and beautiful gloss baked enamel finish that will stay bright and good looking for many years It has greater road clearance than any car made which makes it especially valuable in a roueb country, driving where the stumps are tall and the mud holes deep.
 And for town or city is as nice looking and con- venient as anybody's car
 Gas and oil consumption by this car has been re- duced to a minimum-A test on 1000 cars showed an average of P miles to gallon of gas and 500 miles to quart of oil
The log cabin Democrat., 1921-09-13
SPRINGFIELD.

Farmers are beginning to gather crops in this section. Corn and sor- ghum are plentiful, but the cotton crop is very short.
 Mrs. Fred Martin of Russellville is the guest of her mother, Mrs. M. J. Love.
 MT. and Mrs. Elliott McClaren of Oklahoma are visiting relatives here.
 w. J. Moses was a business visitor in Morrilton Monday.
 Mrs. Ed Carroll left Saturday for Konowa, Okla, where she is employ ed to teach in the high school
 Mrs. Elmer Schoggen and children of Little Rock returned home Sunday after visit with her parents, MT. and Mrs. R. s. Moses, she was accompan- jed by her sister, Mrs. George Crye.
 Rev. Douglass is delivering series of interesting sermons at the taber- nacle here this week.
 Miss Hallie Moses attended the teachers institute at Morrilton the past week.
 Mrs. Mabel Hill of Morrilton spent the past week with friends here.
 Mir and Mrs. Frank McNutt left the past week for Fl Paso, Tex, where they expect to make their home.
 Misses Willie Johnson and Lucille Norwood are guests of Miss Orphie Huie of Houston.
 J. w. McNutt and family are mov- ing to Conway. We are sorry to lose them but wish them every success in their new home.
 Ben Stephens of Wilson, Okla, spent the week end with his uncle, A. H. Stephens.
 Mrs. Dula Kellar is visiting rela- tives at Guy. September 19
The log cabin Democrat., 1921-09-13
l. 4 i. NEWS OF OTHER DAYS. 4 <. 4 + +.s-s~s.:....ss..ss-.ss..ss..s.ss~s-ss..ss-.s. <
 (From Log Capin Democrat Files.)
TWENTY YEARS AGO. September 12, 1901.

Miss Nettie Murphy left for Mena, Ark, where she had accepted posi- tion as first assistant in Mena Hen- dirk Academy.
 Rev. G. G. Davidson of Nettleton, Ark, was here with a view to locating in Conway.
 A daughter was born to Dr. and Mrs. F. c. Richardson.
 B. T. Deal, representing w. M Harrell & Company; w. J. Wilkins, representing s. G. Smith; G. w. A. Wilson of Wilson Brothers and w. A. Simpson of Simpson & Sons, return ed from St. Louis, where they had been purchasing fall goods for their respective firms.
 R. c. Griffith, 69, and Miss Hiatha Dossey, 62, of Guy were married at the courthouse by Judge w. H. Dun- can.
 N. c. Martin and P. J. Plant of Quitman purchased the Stepp wagon yard and were preparing to move to Conway.
The log cabin Democrat., 1921-09-13
CENTRAL COLLEGE
 OPENS WEDNESDAY, NEW MUSIC DIRECTOR
Maj. H. w. B. Barnes to be Succeeded by William Lyon Thickstun, Emil
 nent Southern Musician.

With prospects for capacity at- tendance, the twenty-eighth annual session of Central College will be open ed tomorrow morning at 10 o'clock, when an informal program will be pre- sented in the auditorium.
 Registration of local students was begun yesterday and continued today, and it was stated that the attendance of day students will be the largest ever recorded. Last night and today boarding students have been arriving, about one-half of the expected num- Der already having arrived and the remainder to be here tonight and to- morrow. For the past three days, Pres. Doak s. Campbell said today, he has been almost swamped with tele- graphic requests for reservations and today he announced the boarding ca pacity had practically been reached. Last years initial enrolment exceeded all previous records, and Mr. Camp bell said today the enrolment was slightly in excess of last years.
 An announcement of much interest to friends of the college was made to- day when it was stated that Maj. H. w. B. Barnes would be succeeded as director of music by William Lyon Thickstun. Major Barnes has accept ed position as director of municipal music at Evansville, Ill.,, and will also have charge of the organization of music for the national Moose lodge with headquarters at Evansville. He will leave Conway tomorrow for his new work.
 Director Thickstun has been emi- nent in the musical field of the south for 15 years, President Campbell said today, and the college, while regret ting the loss of Director Barnes, feels very fortunate in the choice of his sue cessor. MT. Thickstun, who is to ar rive here tonight, comes from Hatties- burg, Miss.f where he has been di- rector in the Woman's College the past three years. He has also served as director at Bessie lift College, For syth, Ga., for six years and at Baylor College, Belton, Tex, for four years. He is composer, concert pianist and |organist. MT. Campbell said the col lege administration had been endeav- bring to secure MT. Thickstun for past two years, but could not get him until the expiration of his contract.
 At tomorrow's exercises Director Thickstun and the other new member of the conservatory faculty, Miss M. B. Hoist, teacher of voice, will be in- troduced There will be a short pro- gram of music under the direction of Miss Frances Porch and a few brief addresses. The public is cordially in vited to attend the exercises.
The log cabin Democrat., 1921-09-13
Ef0r1QC nj By Elmo Scott
 Great Scouts Watson
@, Western Newspaper Union.

SOUTH SEA ISLANDER WHO WAS CROOKS FAVORITE SCOUT
 II would rather lose third of my army than to have Frank Gruard Killed" once declared Gen. Frank Crook, and when this great Indian fighter set such high value on the services of scout it meant that Frank Gruard was without peer. Gruard was born in Tahiti in 1850 the son of an American trader and a native woman. His father returned to this country when Frank was but two years old and at the age of fif- teen Frank ran away from home and went to Montana.
 Gruard became a mall carrier, a dangerous job in a country full of hos tile Sioux. They captured him finally and were preparing to kill him when . young brave pleaded for his life. Calling their attention to Franks Ewarthy complexion he declared that the mail carrier must be an Indian who had been captured by the whites
 This Indian was the renowned Sit ting Bull. For 19 months Gruard was guarded closely and, realizing the use lessness of attempting to escape. he learned the Sioux tongue and entered into the Indian life as one of them He lived with the Indians six years before he finally escaped.
 One day Gruard was scouting for an officer who attempted to guide his command by use of the compass. They became lost in a blinding snow storm. Frank borrowed the officers compass, smashed 1t against a rock. and then, taking the lead, he guided the soldiers straight to the place they wished to go.
 Gruard's greatest exploit was his part in the "Sibley Scout" in 1S76 Lieut.. S. w. Sibley was sent out on a scout to find the Indians. He found them, and in a short time his little command was surrounded by hun dreds of Sioux and Cheyennes. After . desperate fight in which the Chey- CuuC SAlCl, lulc hAlclODc, WdS killed, the soldiers were forced to abandon their horses and attempt es. cape on foot.
 Gruard's knowledge of the country was all that saved them. He led them over unknown mountain trails, winding through the deep canyons and around high peaks, until the Indians were outdistanced. The next day he guided them to high point on a mountain side and pointed down. Be low them lay Crooks camp.
 Frank Gruard was given a time position as a government scout and he performed valuable services in the last uprising of the Sioux, the Ghost Dance war of lS90-9l. In 1894 Frank saw his father for the first time since he had run away from home. Gruard died in St. Joseph Mo-. in 1913.
The log cabin Democrat., 1921-09-13

price of cottonseed to $50 per ton, and had bought several loads of cottonseed at $50 per ton before the Conway Cot ton Oil & Gin Company authorized it's agents to pay that much.
 Yours truly
 J. R. Russell, Local buyer for Buckeye Cotton Oil Co, Conway, Ark, Sept. 13, 1921. Mrs. E. O. Brannon and children, Miss Lucy Jane and Jack, have re- turned from months visit to rela- ,tives in Chicago, St. Louis and Cleve- land.
The log cabin Democrat., 1921-09-13
SAYS BUCKEYE FIRST
 TO LIFT SEED PRICE
Editor Log Cabin Democrat:

Your daily issue of September 12 (yesterday) says: "The Conway Cot ton Oil & Gin Company announced an advance of $50 per ton, to $3O, in the price of cottonseed."
 This announcement would make it appear that the Conway Cotton Oil & Gin Company was the first to make this price, and is somewhat misleading. The fact is that the Buckeye Cotton Oil Company was the first to put the
The log cabin Democrat., 1921-09-13
TEN YEARS AGO.

The first water from Cadron creek was being pumped into the waterworks mains from Gleason to the reservoir.
 Central College opened it's eighteenth annual session with an enrolment of 70 boarding students and a large number of day students.
 Increasing damage to cotton from the army worm was reported. Cotton was selling at Il 1-16 cents and cot tonseed at $14 per ton.
 Manager J. A. King was sowing the county with literature and advertis- ing matter for the county fair.
 The city council levied a five-mill tax for city purposes.
The log cabin Democrat., 1921-09-13
BRISTOL.

Here we are again after a two weeks vacation.
 Health is good at present.
 Sorghum making is the order of the day here now.
 Singing was well attended Sunday. Mrs. Troy Garrison and Misses Dora Jennings, Mai Garrison and lnez Terry were the four teachers to attend the institute from this place. There will be preaching here next Saturday and Sunday.
 J. c. Garrison and daughter, Miss Mai visited at Searcy Sunday and Monday.
 Several from here are attending the Penticostal meeting at the Powell Gap near Vilonia.
 Bass Brady is back at home again He has been at Helena for some time
 Bass Henry of Beckett Mountain is visiting his brother, R. E. Henry
 J. c. Garrison is preparing to re cover his house.
 M. N. Strickland is adding to tn, looks of his property by building hay barn.
 w. F. Wood attended church at Un ion Hill Sunday.
 Alvan and J. c. Garrison made business trip to Conway Thursday.
 R. c. Christner of Conway visited at M. N. Strickland's last Thursday.
 Our road overseer has done quite |; lot of road work and is working thi' week.
 September 13.
The log cabin Democrat., 1921-09-13

Legal Blanks for sale at this office.