davidaulloa/AmericanStories huggingface dataset:
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
BRANCH BANKS ARE SEEN
BY ROGER BABSON
CONTINUED from page onel

Continued from page one)
most a death blow to what little new
foreign trade we had. Thus, the
banks hopes in this regard are not
very sanguine at the moment. An
other attempt has shown itself in the
organization Of separate Invest
ments' companies and separate 'Ac-
ceptance' companies. These have been
organized by many of the larger
banks and most of them are operat-
ing successfully. Banks are finding
these Investment companies more
profitable at the moment than their
foreign trade adventure.
The blanks are gradually coming to
the opinion, however, that they can
recover their influence with the coun-
try districts only with organization
of branch banks. Hence, there is a
drive at present to have the National
Bank Laws amended so that a city
bank can own a system of branch
banks in the surrounding cities and
towns. Whether or not this is in
line with Democracy, is a very de-
batable question:; but the drive is on
and my guess is that such branch
banks are as inevitable as the chain
store
"All the banking systems of Europe
are developed on the branch bank
idea. The big banks of England,
France, and Germany have their
branches in hundreds of cities and
towns. One of the finest branch sys-
TENS in the world exists in Canada,
just over the United States line. In
Montreal there are several big banks,
and each of these have from one hun
dred to three hundred branches in
different Canadian cities and towns.
As already stated, | doubt seriously
whether the branch bank system is as
good for the country as the present
system. On the other hand, we know
that the present tendency of elm
mating the small farmer and sub
stituting the renter in place of the
owner is not for the good Of the coun-
try. The development of chain store
systems which are slowly crowdine
out the individual retailer is not for
the good Of the country.
Zone Christmas Mr.. Henry Ford
sent me an autographed photograph
on which he wrote these words" Elm.
mate absentee ownersip and indus
trial problems will solve themselves.
He is correct in that absentee own
ership is a present difficulty with
our industrial organizations. AS the
chain store grows, a similar diff
Guilty will develop which we do mo-
now have with our individual retail
system, and as a system of branch
banks grows, there will be that sam,
difficulty with our banking system
Yet | believe these changes are inev
liable. Branch banks will be estab
lished thruout the country, and Con
gress will enact such legislation al
is needed to make this possible"
"Mr. Babson was then asket
what the effect of this would be OF
bank stocks and he replied that i
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
A. W. Davis is in Saginaw on bust

A. w. Davis is in Saginaw on bust
ness this week.
You will find the best bread in
Butter Cup wrappers.-advertise-
ment. 02-tfc
Russell Gaffney who is attending
college in Ann Arbor was home over
Sunday.
Romano Clark of Ithaca attended
the Mt. Pleasant-Alma High football
game here Friday.
Bert Eckert of Lansing, n former
resident of this city, was in Alma on
business Wednesday.
Mrs. Dunlop, of Detroit, visited her
sister, Mrs. Sylvia Gaffney, from
Monday until Thursday.
Rev. Roy Hamilton of Alma Col
lege supplied at the Presbyterian
church in Ionia on Sunday.
Dean j. +. Mitchell is in Grand
Rapids this week in attendance at the
State Teachers Association.
Romano Clark of Ithaca attended
the Ypsilanti Normal-Alma College
football game here on Saturday.
Professor F. +. West of Alma Col
lege is attending the State Teachers
Association at Cadillac this week.
DIR. +. G. Sluyter, osteopathic ply
stefan, State Savings Bank Building,
Alma, both phones advertisement.
l. Mr.. b. s. Walker of Alma, has
gone to Moywood, H., where he will
spend the winter with his daughter.
George f. Sharrar and wife left
Saturday for Illinois where they will
visit Mrs. Sharrar's parents for a
while.
Mr.. and Mrs. II. c. Hansen are the
proud parents of a bouncing baby
boy, which arrived at their home at
700 a. m. this morning.
The Pythian Sister Club will meet
with Mrs. A. B. Scattergood, Tues
day evening, October 3lst. Bring
your needles and .thimbles.
Mrs. John Andrews and little son
of Bay City spen the weekend in
Alma, guests of her sisters, the Miss
es Anna and Margaret Friedrich
Mrs. Nancy Wolfe and Tom Bartlett
left Friday morning for Flushing
where they will join Mr.. and Mrs.
George Love and drive to Florida.
Mrs. Sylvia Gaffney returned Mon
day night from Chicago where she
went to meet her mother and sister,
Miss Lettie Kerr, from San Francis
co, California.
Zeta Sigma Society of Alma Col
lege is planning on holding its annual
banquet on Saturday evening, Nov.
II, following the annual game with
Albion College.
The Eastern Star will give a Hal
loween party and box social at the
Masonic Temple, Friday evening, Oct.
27, at 1880 p. m. Members of the
chapter and their friends are cordial
~ invited to attend.
Mr.. and Mrs. Church and son left
Monday morning for Florida. They
expect to meet Mr.. and Mrs. Geo.
Love Of Flushing and Mrs. Nancy
Wolfe and Tom Bartlett in st. Johns
and all make the trip together.
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
GULF STREAM CHANGING

Is the Gulf Stream changing its
course? The question is asked by
many and there have been answers
Yes and No. The eyes" comes from
sailors and mariners, men who travel
the sea, men who may be expected to
know something of the ocean and its
vagaries. They are not the old-time
ignorant sailors, filleu with supersti-
ton as depicted in the old story
books. They are men of knowledge
and observation.
The "No" comes from men Of sci.
ence-men who can sit in labora-
tory and prove their theories. They
are the same kind OF men who prov
ed unerringly that a heavier thar
air machine could never be made to
fly; who demonstrated a few years
ago to a certainty that q baseball
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
TOWNSEND WAS SPEAKE
HERE AT BIG MEET

each of which add to the cost and
subtract from the profits to t y pro-
Queer. Senator Townsend Was the
originator of the Great Lakes Canal
idea and has been the champion of it
in Congress.
Senator Townsend mas served the
people of the state of Michigan for
practically twenty years, eight years
as representative in Congress and
twelve years as senator. During that
time he has demonstrated his ability
and integrity so well that he now
has the entire confidence of his col
leagues and has been made chairman
of the committee on Post offices and
Post roads as we'll as a member OF
some of the other most important
committees in the Senate. His ad-
dress showed that he was familiar
with the large problems that our
country is facing, that he has given
them study and careful thought, and
consequently is in a better position
to render valuable service to the peo-
pie Of the state of Michigan than
ever before.
Honorable Joseph W. Fordney, re-
firing congressman from this dis
trict, and chairman Of the Ways and
Means committee, was the last
speaker on the program and he dis
cussed, at considerable length, the
provisions of the Fordney- Nc Cunlber
tariff bill which becomes a law this
year. Mr.. Fordney called attention
to the provisions of that bill and es-
pecially to the propaganda and mis-
representation that has been sent
abroad by certain importers whose
profits will be decreased when the
bill becomes a law. Mr.. Fordney did
not mince matters. He gave certain
facts and data with regard to i'm
portation and profits upon imported
goods which were astonishing. They
would convince thinking people that
there should be some steps taken to
protect not only the American man.
ufacturer but the American buyers
as we'll.
Congressman Fordney has given
long service to the people of Michi-
gan. He is a plain man who has
made a careful common sense study
of conditions from the standpoint OF
the best interests of the common
people, hence we may accept his dis
cussion of the tariff problem as opin-
ION founded upon long experience
and intimate knowledge of the facts
In closing Mr.. Fordney spoke in
highest terms of the ability of Bird
J. Vincent who has been chosen by
the people of the district at the pri.
maries as the Republican candidate
to succeed Mr.. Fordney. Mr.. Vim
cent was unable to be at the Alma
meeting because he was called t.
Durand to fill an evening engage
ment for aother speaker who wa
unable to fill it.
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
AUTOMOBILE STOLEN

Wednesday evening while he was
in Justice Joseph L. Big
gerstaff's justice court room on
Woodwork avenue, Attorney Ralph
Goggin left his automobile, a Dodge
sedan, parked in front of the court,
and when he came out to claim it the
car could not be located.
Some thief, real nervy, had come
up within just few feet of the door
leading into the justice court and
made off with the automobile, accord
ing to indications. 1t was still parked
in front of the justice court, five min
utes before Attorney Goggin went for
it, according to one party who
claimed to have seen it at that time
Word has been sent to police in
other cities to be on the watch fol
the missing sedan.
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26

In addition there was a case Of first
degree murder in the period from
1921-1922 which did not go through
the Circuit Court on account of the
age of the Respondent.
These records are taken from the
public records which are open to
everyone, and every courtesy will be
shown to all who wish to verify this
statement.
l am making no boast in reference
to the matter. have never used the
fact as political capital and do not
desire to do so now, but it might
help the people of Gratiot county
some in their decision in reference to
my fitness, to know that as a patri-
otto duty, although exempt, enlist
ed in the World War and remained
until its close, and am now member
of the American Legion.
l have never been any respecter
of persons in my enforcement of
law. The rich and the poor, the high
and the low, all look alike to me.
Whatever the offense against law,
whether it be liquor, the indiscrimin-
ate sale Of cigarettes or any other Of
Tense, no person has ever made any
complaint which has not received
prompt attention and the policy of
this office will continue along this
line.
In my selection of persons to help
enforce the laws, / shall try to pick
out men Of experience, good judg-
ment, fearless and willing to work.
know the difficulties, the dangers,
the oftentimes disagreeable nature of
the work to be done. / have seen
it from the inside. j think the rec
ord above shows that we have en-
forced all laws, not one alone, and
more than half the convictions are
for the breaking Of laws other than
the liquor laws.
As deputy sheriff IN the south part
Of the county and as undersherifl
have done my full share of this
work and right in this connection
want to pledge to the people Of Graf
lot county that, if elected, will adj
minister the office of sheriff so as
to enforce the liquor laws; to enforce
all other laws impartially and with.
out fear or favor; economically, max.
, ing the office self-supporting if pos.
sible.
, Finally, / will give by WHOLE
TIME to this work and have NC
SIDE ISSUES which might interfer,
with the proper or impartial dis
charge of my duties.
EARL WILLERT,
75-1-c Candidate for Sheriff
political ADVERTISEMENT
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
RESOLUTIONS OF SYMPATHY

Whereas, the Angel Of Death has
visited our Review, and taken from
us a beloved sister, Mrs. Homer Dun
ham, and we believe Our Father who
has seen fit to bereave US, doeth all
things well, be it
Resolved, that we, the members of
Alma Review No. 46, Women's Ben
eft Association, do hereby tender to
the family of our deceased sister our
sincere sympathy in this, our common
loss.
Mrs. Phoebe Gilkins, Mrs. Neva
Sartor, Mrs. Nora Gals.
Buy of Record Advertisers and
sava unnnav-advartiseme
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26

could not be made to curve-that it
was an optical illusion. They have
proven any number of things just
as surely and then the scientists have
heen proven wrong.
At any rate, the East coast of the
United States has peen enjoying
weather that closely approaches that
of the West coast, which latter is adj
mittedly caused by the Japan cur
rent, the Pacific counterpart of the
the Gulf Stream. And the changing
current gives the most reasonable ex-
PLANTATION yet offered.
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26

Sure thing, yes, we are going to
vote for the little lady running for
Register Of Deeds on the Democratic
ticket: She is certainly a hustler.
She really acts as though she would
appreciate votes. Yes i shall vote
for her. | know she is qualified.
political Advertisepent)
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26
UNDER SHERIFF EARL WILLERT
GIVES IDEAS OF SHER-
IFS DUTIES

Continued from page one)
Amount paid to Sheriff and depu-
1911-12 1922
ties -... $4,786.37 $5,627.47
Amount collected from Grim
inals and turned in 10 County
1911-12 1922
Treasury ....-.... S 63.38 $6,445.37
1911 1921
1912 1922
Number of convictions for
crimes which are punish
able by terms in States
Alma record. (Alma, Mich.) 1878-1928, 1922-10-26

Sell it-A classified ad in The Rec
ord will find the buyer.-advertise
ment.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
BOND THIEVES MAKE OPEN
CONFESSION OF THEFT

Savannah. Ga, May 12.-Local de-
tectives announced this morning that
j. w Hollis. alias John Vardeman
ana Bertha Ferne Hollis. alias Var
deman. alias Du Barry. both of New
York, held here for the grand lar
ceny of half million dollars in
bonds from the Chase National Bank
in New York, made a "clean breast"
of the entire affair last night. and
that the missing $4,000 in bonds
would be recovered within the next
few hours.
In explanation of the robbery, the
operatives intimate that another ar
rest will be made in Jacksonville.
where the missing 100000 in bonds
are believed to have been sold. 1t is
believed the bonds were sold to a
Jacksonville broker, and Hollis adj
ded to his alleged confession today
by telling where this amount of the
stolen valuables were. and if the
possessor of these bonds be unwil-
ling to give them up. he will be
placed under arrest
The Hollis woman was the first to
confess.
Hirsch's arrest followed a confess
sion which detectives said was made
by Arthur F. Chase, a watchman at
the Chase National Bank, who was
arrested at the bank while on duty
Wednesday, Chase, according to the
detectives, said that Mrs. Vardeman,
who with her husband, John w. Var
deman, are under arrest in avannah,
Ca. went to Hirsch's Office and asked
him to sell $4,000 worth of the
stolen bonds. According to the con-
/ fession. Hirsch told the woman to
bring the bonds. and that the next
day when she did so she was held up
and robbed of them in the building
where Hirsch had his Office
Hirsch denied the story when ar
rested and declared that the woman,
who was known to him as Mrs. Hollis
and Mrs. La Blanche, had told him
that the bonds which she asked him
to cash had been put up by a man
who was backing her in a theatrical
venture He declared that at no time
had she shown him the bonds or
handled them in his Office.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
TRAMMELL AND CILCHRIST WILL
HOLD THE POLITICAL BOARDS IN
MUM PARK O'CLOCK TONIGHT
L Lakelanders To Have
the Opportunity of
Hearing the Opening
Engagement of the
Campaign for the Unit
ed States Senatorship

All the political fans and lovers of
good speech making will rejoice in
the announcement that Senator Park
Trammell and Ex-Governor Albert w.
Gilchrist will appear before the
Lakeland public this evening in Mum
park at o clock to go over the why's
and wherefores of the campaign, in
which these well-known men both
aspire to the office which Senator
Trammell now holds in the United
States Senate
Senator Trammell reached Lakeland
Thursday and decided to oDen cam
paign headquarters here. He select
ed two rooms in the Heron building
and gave his old-time friend and for
mer law partner. Judge John S. Ed
wards. of the circuit court, charge
over the new headquarters. This is.
of course, a labor of love, and the
senator will have no paid manager.
Mr. Gilchrist is also in this terri
tory on political business. and he
and the senator met here during the
noon hour today and decided to hold
Il speech-making' this evening.
1t is evident from the pamphlets
icing distributed by Mr.. Gilchrist
that he will lay emphasis on his rec
ord as governor as reason for his
election to the senatorship. and it is
generally conceded that he was an
excellent governor.
On the other hand. Senator Tram
nell has something of a record him
self. having also been a popular gov
ernor and other lesser things before
his election to the senate.
This opportunity to hear two popu-
lar men, both prominent in political
circles. explain present-day issues
and define. each in his own way, why
he should have the vote of tn people
bf this locality for the same impor-
tant office is one that will not be
overlooked, and big crowd is ex-
pected to turn out to witness the
/ first engagement of what promises to
be highly interesting campaign.
? Mavor Petteway has been asked to
preside at tonight's meeting.
Senator Trammell and Mr. Gilchrist
have several speaking engagements
ahead. being scheduled to appear to-
morrow morning in Plant City at
1920 o o'clock. at Sefner at o'clock
in the afternoon and in Tampa tomor-
row evening.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
LEGION POST
TO PRESENT
MOVIE SHOW
Charlie Chaplain and
Anita Stewart To Ap-
pear for Benefit of Le-
gion Home - Other
Features Will Be Local
Talent Sketch and Or
chestra Numbers

A motion picture is entertainment,
but add to it a touch of local interest
and it becomes entertainment par
excellence. On Monday. May 22nd
Lakeland Post of the American Le-
gion is presenting two feature pic
lures and a 20 minute vaudeville
sketch at the Casino Theatre.
The vaudeville sketch is entitled
Somewhere in France" and will pre-
sent local legonnaires in a scene in
a Red Cross Hut in France during
the late war. The act is humorous
and there are several musical num-
bers that will prove to be different.
Following the sketch Charlie Chap
lin will be presented in shoulder
Arms" and in his inimitable way, he
will portray the incidents of army
life. AS an added feature Anita Stew
art will be shown in 1.-The Plaything
of Destiny.
Walter Williams is preparing Incl
dental music and the American Le-
gion Orchestra will be heard during
the pictures and vaudeville perform
ance.
This is one of several activities
that is planned by the Legion and
the objects for which these entertain
ments are being given is home for
the local post.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
SOROSIS CLUB
ELECTSLIST
new OFFICERS
Young Club Has Several
Interesting Activities
Under Way, Including
Unique Observance of
Mothers Day and Hos
pital Day Donations

The Sorosis Club held its first an
nual meeting Thursday evening at the
club house, the election of officers be-
ing the most important business
. transacted The temporary officers, as
far as possible, were chosen to fill the
Offices for the year, the complete line
up being as follows: President, Mrs.
William Steitz; first vice president,
Mrs. w. F. Sneed; second vice-presi-
dent, Miss Helen Cochrane; CORE
spending secretary, Mrs. N. A. Rig
gins; recording secretary, Mrs. D. O.
Rogers; treasurer, Mrs. George
Wright. In addition to the elected Of
ficers, Mrs. N. A. Higgins was ap
pointed historian.
The furniture committee reported
the loan of additional pieces of furni-
ture for the club house.
The report of the white elephant
sale was very satisfactory, and Mrs
Wright and Mrs. higgins were ap
pointed as managers Of the sale to
be held Saturday evening Of this
week.
Mrs. ]. B. Hannah was appointed to
collect donations to the hospital fol
Hospital Day, and was authorized tt
purchase a bouquet of flowers as a
special gift to the hospital from the
club.
AS a service to the mothers of the
motherless," the club instituted the
annual custom of sending a Moth
er's Day box to the Orphans Home
in Jacksonville, and Mrs. w, s. Irvil
was appointed to have charge of this
years box.
Other interesting projects are unde
way.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
most certainly calls for a rejoinder.
Proposal for Truce.

Proposal for Truce.
Genoa, May 12-(By Associated
Press. Great Britain has proposed
a truce in eastern Europe, on the ba'
sis of the defacto frontiers. pending
the conclusions of a commission of
inquiry to be appointed, it was an
nounced this afternoon.
France Will Not Agree.
Genoa, May 12.-(By Associated
Press France will never agree to
the project for a mixed commission
sitting indefinitely. while the confer
ence is going on. to study Russian
affairs. according to a statement is
sued by the French this afternoon.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1922-05-12
FUTURE FATE OF
CONFERENCE IS
UP TO FRANCE
Great Anxiety Exists In
Genoa Over the Action
of the French On the
Russian Reply To the
Memorandum of the
Allies

Genoa, May 12.-(By Associated
Press) minister Schanzer Of
Italy, addressing the entire body of
newspaper representatives in attend
ance upon the economic conference
late this afternoon expressed the opin-
ion that the Russian reply would not
prevent the continuation of the con-
ference.
Much Depends on France.
Genoa, May 12.-(By Associated
PressD The decision pf Premier
Poincare on the Russian reply to the
Allied memorandum was awaited here
today with anxiety.
Prime Minister Lloyd George of
Britain and Signor Schanzer. Italian
foreign minister, have used all their
influence with the chief of the French
delegation, NJ Barthou, to impress
upon him that the Russian note AZ
though not as favorable as was hop
ed, still leaves the door open for dis
cussion and perhaps for general agree
ment. They urged him to reflect this
opinion in his dispatches to his pre-
mier.
IT. is believed that, if left to them
| serves, LHe HldJOIllN vi tiic pO"Nio
will favor continuance of the discus
sions but ii France withdraws from
the conference certain of the other
powers will follow her.
The number of such nations might
be enough to make impossible the
hope of agreement with the soviet,
even If Premier Lloyd George is will
ing to continue the conference with
out France. The latter contingen-
cy is improbable, however. consider
ing the storm of protest such an in
6ication of the collapse of the Entente
might raise in England.
NJ Barthou telegraphed che text
Of the Russian communication to Paris
and expected to receive his instruc
tions today.
After reading the document HI.
only comment was: at is less an ans
wer than an indictment of the powers
coupled with a flat refusal to reply
to the questions put to them (Thc
Russians)."
= The British view as given by Sil
Edward Grigg. was that "the not