davidaulloa/AmericanStories huggingface dataset:
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
j. s. BEGINS SUIT To
REGAIN S75,000,000
IN WAR CAMP FRAUD

WASHINGTON. Nov. 24.-tBy
the Associated Press. illegal action
to cover more than $20,000,000 al
legged to have been obtained fraudu-
lently from the government in the
construction of four army canton
ments during the war was instituted
today by Attorney General Daugh-
erty as the first formal step in a
far-reaching prosecution of those
who held contracts for the building
of war camps.
The four suits begun today were
filed simultaneously in United States
district courts in four states, and
involve charg-.: of fraud in connec-
ton with the construction Of Camp
Upton, N. Y, Camp Jackson, S.
c., Camp Sherman, Ohio. and Camp
Funston, Kan. Other civil actions
and possibly criminal prosecutions
are to follow, it was said at the
department Of justice, involving a
total of more than $75.000,000 and
reaching into virtually every part
of the country.
In each of the four cases the suit
was filed against the prime con-
tractor" responsible for construction
Of the camp. The four defendant
concerns and the amount the gvo-
eminent seeks to recover from each
are the Thompson-Starrett Co.,
builders Of Camp Upton, s6,0O0,O00;
the Hardaway Contracting COM
pany, builders of Camp Jackson, S.
100000; A. Bentley & Sons, builders
of Camp Sherman, $5,000,000, and
the George A. Fuller Co., builders
of Camp Funston, $4,000,000.
The Camp Upton suit was filed at
the attorney generals direction at
Brooklyn, N. Y; the Camp Jackson
suit at Columbia, S. c.; the Camp
Sherman suit at Columbus, O., and
the Camp Funston suit at Topeka,
Kan. 1t was indicated that similar
actions would be brought at these
places later against minor contract
ing firms who helped in the con-
struction of the four camps and that
should any criminal action be sought
the evidence would be placed before
the special war frauds grand jury
now in session in the District Of
Columbia.
Unofficial estimates place the total
sum that will be sought in all the
recovery suits contemplated at more
than $75,O0O,G0O. In one camp cost
ing $13.OOO,OOO auditors were said 10
have found indications of an excess
expenditure of $5,0OO,0O0.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
BAND|TS SHOOT Up
TOWN, WRECK BANK
AND MAKE ESCAPE

GALLATIN, Mo-, Nov. 24.-The
mayor town marshal and a hotel
keeper were wounded and the First
National Bank destroyed when ban
dts raided Gatlatin early Thursday.
The bandits escaped with $4,000
after cutting lines of communication.
Six bandits, believed to be of the
Kansas City underworld, perpetrat-
ed the sensational raid.
They were discovered at work on
the vault of the First National bank
early today by Night Marshal John
Chamberlain. A brief tussle en-
sued, in which Chamberlain was
captured. The raiders proceeded
with their work.
Safe Blown Up
Explosives were set before the
vault and fuses touched off. Two
tremendous shocks that Weakened the
entire town resulted. Clouds of
smoke rolled from the bank as fur
niture and fixtures were hurled in
all directions partitions reduced to
kindling and windows blown out.
The heavy safe parted like a card
board box.
Themselves stunned by the unex-
pectedly heavy blast, the bandits for
got their captive-Chamberl He
opened fire.
After brief exchange Of shots,
Chamberlain fell seriously wounded,
his head and back torn by a shot.
gun charge.
Five of the raiders rushed to the
street to stand off the scores of
citizens who We're running to the
scene, while the sixth member of
the band explored the ruins Of the
wrecked bank for the 100000 in cash
usually kept on hand.
Mayor Shot Down
Mayor Joseph Tate, first to ar
rive, was Immediately shot down
with a volley of shotgun slugs.
Frank Woodruff. owner of a no
tel, attempted to reach Tate and
drag him to safety. A second vol
ley and Woodruff lay BESIDE Tate.
Other citizens feared to advance.
holding back in the darkness be-
hind the dead line" Whenever
one ventured across he was greet
ed with shots from five guns.
Desperate, the Gallatin citizens de-
cided on a mass rush. The bank
robbers met the advance with
upter,offensive, shooting their
way through to an automobile across
the street. Shorn Of his defense,
the man who was searching the
bank ruins was forced to flee with
his comrades when he had discovered
$4,000 of the sought for 100000.
Posses this morning were combing
the entire district.
1t was believed the wounded men
would recover.
Il 500 is TAKEN FROM
DYERSBURG POSTOFFICE
DYERSBURG, Tenn, Nov. "a
'2ggmen early this morning blew
the safe of the local postoffice and
made their escape with approximate
ly 81 500 in cash and stamps. A
large amount of currency in another
safe was overlooked by the "andits
All towns within 100 miles have
been notified, and every road is be-
ing watched for the robbers, who,
authorities believe, were operating
from Memphis.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
England Undertakes
Biggest immigration
Plan Ever ATTEMPTED

SYDNEY, Australia, Nov. "a
After an all-night sitting, the New
South Wales parliament by a major
ity of six, confirmed today the agree
ment with the imperial government
and the governments of the Austria
liam commonwealth and New South
Wales by which six thousand British
settlers will be placed on land in this
state at a cost of 100000 pound. The
New SouthWales commonwealth and
imperial governments each bear one
third of the cost, the imperial gov
eminent to provide the 100000
pounds in the first place.
Sir George Fuller. the premier, de-
Escribed the project - the beginning
Of the biggest immigration scheme
ever undertaken
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
Born in Captivity
Bronx Zoo Giraffe
Dies in Infancy

NEW YORK, Nov. 24.-Periscope,
the son Of Romeo and Juliet, and
said to be the first giraffe ever born
in the Bronx zoo, is dead. He was
born Monday and from the first de-
clined to take nourishment, disre-
garding his mother Juliet entirely.
He was four feet ten inches tall and
weighed 81 pounds. Andres Yin,
grader. an animal expert summon
ed by zoo officials, fed the baby gi-
raffe from a bottle, but Periscope
died just the same.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
Indian Missionary
For Seminole Tribe

MIAMI, Fla, Nov. pa cam
paign to convert the Seminole In
dams Of the Everglades to Christi
anity, a movement backed by the
Creek Indians of Oklahoma, tribal
relatives of the Seminols, is to be
inaugurated during the coming win
ter, by an Indian missionary. So
far as is known, this will be the first
effort of the kind to be made by In
dams among the Seninoles.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
The Weather

Virginia: Saturday, fair and cold.
North Carolina, South Carolina:
Saturday, fair and colder.
Georgia, Alabama. extreme north
west Florida, Mississippi: Fair and
cooler Saturday.
Florida: Saturday, fair.
Tennessee, Kentucky: Fair and
colder Saturday.
Louisiana: Saturday, generally
fair except cloudy. then the coast;
continued cool.
Arkansas, Oklahoma: Saturday,
generally fair, not much change in
temperature.
East Texas: Saturday, generally
fair in interior, mostly cloudy along
the coast, continued cool.
West Texas: Saturday, partly
cloudy, continued cool.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
Methodist Conference
Will Meet Next Year
In Savannah Church

SAVANNAH, Ga, Nov. 24.-Infor-
nation came from Waycross today
that the 1923 session of the South
Georgia Conference will be held in
Savannah 1t will sit in Trinity
church, one of the most important
churches in the conference.
The South Georgia Conference has
been in session at Waycross since
yesterday morning. 1t will adjourn
Monday Of next week.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25

a number Of years before he was
ordained.
"How does it feel to have been a
soldier of the cross for so many
years?" he was asked.
81 have never been anything but
wonderfully happy" he replied
There is nothing monotonous about
preaching tn gospel. 1t is my life
and it grows more and more glo-
rious to me every year"
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
Mrs. FELTON, Honored
By Woman's PARTY

WASHINGTON, Nov. 24.-The Ma.
tional Woman's Party announced to.
day that Mrs. w. H. FELTON,, of Geor-
gia, first woman senator, had accept
ed the post of honorary chairman of
it's political council, formed recent;
with the object of bringing about
equal participation by women and
men in all political offices.
Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-11-25
GOODYEAR Raincoat Free

Goodyear Mfg. Co., 6O29-R, Good
year Bldg, Kansas City, Mo-, is
making an offer to send a handsome
raincoat free to one person in each
locality who will show and recon-
mend it to friends. If you want one,
write Observation-Disclosures
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10
Los cargoS| contra 81 Got dor


IContinuact6n AZ Ia pagina 1ra.l
do levant6 sus seliones, yendo en- con
ira de la Ley Organize del pals y en-
contra de la voluntad del pueblo por-
torriqueno, representado por sus hon-
lbres mas caracterizados en- tai repre-
sentaci6n; prueba que resulta en- CO.
rroboraci6n de Ia incapacidad del go
bernante. Su acci0n es un insulto al
pueblo de Puerto Rico. 70 estoy comf
batiendo a ese hombres mas bien CO.
mo Ciudadanos Americana que como
|ciudadano del pueblo de Puerte Rico.
El es mas bien IN enemigo de los Es--
tados Unidos de America, que de
aquella Isla; y su conducta den1anda
su destituci6n
Mr.. SUMMERS, de TEXAS. senpr
Presidents, 81 el caballero 10 permite.
SR. CORDOyA DAVILA. 81.
MR.. SUMMERS, de Tejas. Por
Ique mayoria rehuso el Senado acep-
tar los nombramientos del Goberna-
dor ?
SR. CORD0VA DAVILA. 70 ha-
go entender que fue por una votaci6n
de Is en- contra por favor.
Mr.. SUMMERS, de Tejas. j El Sc
nado voto Is 3, para no confrmar
los nombramientos?
SR. CORDOVA DAVILA. 81.
Mr.. SUMMERS, de TEXAS. X des-
pues de ESQ, ,el Gobernador los volvio
iiombrar, a los mismos?
SR. CORDOVA DAVILA. Los
volwi6 nombrar inmediatamente des-
pues que el Senado levantaba sus Sc
stones.
Mr.. FAIRFIELD: / Me permite el
.caballero una pregunta?
SR. CORDOyA DAVILA-Si-
Mr.. FAIRFIELD. Ha signifcado
ell Senado de Puerto Rico que no ia.
tificaria nilgdn nombramiento que
fuese hecho por el Gobefnador?
n SR. CORD0vA DAvILA. Oh,
no! No hay nadaade ESQ., 81 {
Mr.. SMITH, de Michigan. Una
pregunta, 81 me permite el caballero?
SR. CORDOVA DAVILA.--Si.
MR.. SMITH, de Michigan. Esos
nombramieneos recayeron en- Ameri-
canos, o en- Portorriquefos
SR. CORDOvA sDAVILA. Fran
Americanos. Y 70 quiero que uste-
des Sc hagan cargo de que nosotros
no objetamos al nonibramiento de
Americanos continentales. Nosotros
damos la bienvenida los Americanos
que Que van a Puerto Rico ecompartir con
hosJtr0s So sudftJs pero es, que Ia ac-
-tuai Ley Organica fue concedida pre-
6ISE;3asG sgslS "a & Esfs1s ss
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10

Idirijir sus destinos, de nlodo que pu-
diesen obtentr experieneia en- el arte
del Gobielno Propio.
MR.. SMITH, De Michigan. \ 70
entiendo que solamente hubo tres
nonabramientos de esa clase.
SIR. CORDOvA DANILA Hubo
tres para los careos de Jefes de tres
Depaftamentos. que fueron reehaza-
dos por el Senado.
b: Mont: Reilly fds nomipado por 81
Presidente como Gobernador de Paer-
ito RICO y confii1nado por el Senado el
dia once de mayo de 1921 q pesar de
ia cposicion que hiciera el distinguish
sanadpr poF Iowa. q senor Kenyon
Con 8erlia 8 de mayos clapdo Fl
Gpb esaad0r Wager estaba ann en-
Puerto Rico, ea el deselnpeno de sus
deberas nadiales como Jefe Executive
de IL lsla, r. Mont Reilly, sin concs
der IA cortesia dc esperar Ia ,salida
de y Yaeer, y d pesaf del heeho de- que
|habfa sido feqaerido para que asi 10
hiciese, presto 81 juramento en- Ia
Ciudaa az Washington, sdesde aqael
dia esta recibiendo Ia suna de aiez
mil d5lares anua1es, que es4el sueIdo
iasignado al Gobernador de Puerto Ri
Eco.
FL nuevo Gobernadpr Sc estuvo en-
su lar nativo sesenta y ocho dias, de-
dicando su tempo a la politica local
de Missouri, para distribuir ciertas CO
IlocacioDes del Gobierno de Ia Isla en-
tire sus amigos personales, de Kansas
City, innbuyendose ademas en- activi-
dades .politicas reIacionadas con el
pueblo de ia Isla, bajo la perniciosa
Influenza de algunos politicastros de
Puerto Rico que habian yenido este
pals especialmente para iitroducir en-
la mente del gobernador el prejuicio
u Ia mala ,fa contra Ia mayoria de "a
Isla. Resulta lnuy facil inauenciar Al
sGoBernadof Rely por 81 NAL camino,
imientras les algo casi impossible per-
suadiflo de que actde correctamente.
Ell primer acto Official realizado por
Eel Gobernador, unos pocos dias des-
pues de su nombramiento, fue solici-
tar un aumento de sueldo para su Sc
cretario Particular, de su Esten6gra-
IA, Y del Jefe del Servicio Secreto de
Puerto Rico. AY q nonlbro para este
ultimo pnesto a un amigo de el, de
Kansas City; amigo que ha resultado
ser un iliterato, que ocupaba Ia colo
caci6n de CarceleEo en- dicha Ciudad,
y que tuvo que ser destituido De. aque-
la colocaei6n, .perque nj para ESQ ser
VIA. ~ 4 eslsIsf ,fd IL
Ell GobeEpador selicito de mi urgen-
temente Que cablegrafiase Ia Le-
gislatura de Puerto Rico solicitandc
el incremiehto de dichos sueldos, Yc
| ii hice, con antipatfa, especialments
cuando q me dijo:
s. Que aamenten los suedos de es.
IdJs cargos; que no recortsn las apro'
Clones del Gobernadpr; " va nos
entenderemos.. Risas en- IA sala, +,
B MR.. WfILIAMs s. ppa pregun,
tat? .sns., s,'.s...,, ,,s.I,,,.,t .st
sR coRpo 4 p 4 WI 1 / sgprsI i
/ Mr. NII,fI4Ms Este y ,acEIItsri reouerii
miento de aumepto de esos salarios
1 fue hecl4o aptes de que 81 saliese dS
Eeste pals shacia Puerto Rico
SR. CORD VA DAvII A. F'us he,
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10

cho nlientras q Sc encontraba aquf,
en- Washington A pesar de los CON
sejos recibidos por el Goberhador en-
Washington. dadosle por prominentes
miembros de la Administration, 81 nom
bro COMO Secretario Priyado a un
Americana continental que no sahe ha-
blar espohoI, nj conoee el idionla. Mis-
ter Rely no sabe espanol, necesi-2
taba como Seeretario un hombre
ccmpletamente familiar con ambos
idiomas, espalol & ingies, de modo
que pudiese entender. v ser entendido
p6n el pueblo al cual habia sido en-
viado, a gobernar.
Ell nDmbr6 como Jefe del Seryicio,
Secreto de Puerto Rico I'm hombre
de Kansas CITY; un hoplbre q quien yqs
dssearia que ustedes pudiesen yer. Es
una. Nerguenza tener a un honbre asf
como Jefe del SerYicio Secreto.
MR., JOHNSON, de Mississippi.
ESQ sin duda Sc debe al hecho de que,
antes de ser nombrado para ese pues-
to, ell hombre ese Sc dedicaba al me-
gocio de- la usureria.
SR. CORDOVA DAVILA. 81; esa
es Ia information que 70 tengo de
Kansas City. Todos los que lie como
cen de Kansas City, conocen ese he
cho. Y yo deseo decir aquf que es
esta Ia primera vez que un Goberna-
dor de Puerto Rico ha nombrado CO.
mo su Secretario Particular a un honi-
bre que nj siquiera conoce Ell idioma
espanol. Todos los anteriores Gober
nadores Americanos han escogido Sc
cretarios que sabian tanto ingles CO.
mo espanol. Ell Gobernador Reilly ha
sido el 1nico y el primero que cree
que el puede comunicarse con el ppe-
bio de Puerto Rico a traves de un Sc
cretario que no conoce el idioma del
pueblo.
Mr. FAIRFIELD. .i Me permit
ria el caballero2
I SR. GORDOYA DlAVILA.---Sf..
Mr.. FAIRFIELD Tiene el Go
bernador algun Interprete confden-
cial, o algo asi, en- quien confar?
1SR. CORDOVA DAVILA. Yo no
10 Sc. Ell tiene nn Ayudante Militar
que es Captain del Ejercito America
no, Y quien sabe espanol.
Y ahora 70 deseo que Ia Camara
escuehe atentamente las manifesta-
clones que voy hacer, porque son en-
extreme importantes.
Rely, mientras Sc -encontraba en-
Washington, i sin conocef al pueblo
de Ia Isla, reeoEnendo IA lemoci6n del
Auditor, del Attorney General, VI del
Conisi6nado de instruction Pabaica de
Puerto Rico. Ell me adnntio qad q
!habia recomendado kuevSss candidates
para estos cargos, que era isutfn.
Iitenciol honsbrar, como Auditor, un
amigo personal suyO de KAnsas City
FRespectc del Attorney General, que as
Bun portorrfqueiio, ReilNdiie qHa aq4.Al
era un ''honbrel de, Wilson,, que era
|. Democratic, y que Tespald ldaba galq CO.
tC0ntinda eenala pags6ii sol
I v i 4
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10
ibtVORCIADOs Y pOR

DIVORCIADOS Y PQR
''sAas 4, sj's DIEoRCTARsE
4 81 juez FoOtes iiai deeretado el diz
v6rcfo de 'Gaillermo Nlontoto v Berl
nardina Laza. Jose Barbosa Lucia
Sotero.
La vista del juicio de diyorcio de
Patria Moreno VS.. Gaspar Fernandez
fu6 suspendida para nuAyo sefala-
msento.
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10
Peri6dicos Viejos y
Papel para Programs

YendemOs por qnintales un precio
muy limitado, tambien tenemos Totes
de este mismo papel sin impression
muy conveniente para programs de-
rines, etc.
No compre sin antes s0licitar pre-
clos Cantero. Fernandez y Co, San
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10
NAcIMIENTos INscRITos

Fernando Santos 4ilmeida Vidal.
Pura Conception Acosta AIargero.
Constancia Cruz Miranda, Guillermi-
ma Acosta Suarez, Juana Ayaia Fuen-
teass. tas s'''s,...
El Imparcial. (San Juan, P.R.) 1918-197?, 1922-03-10
ssisisssss
i lia 'l..3, !. 4.
FJTMEs T'iiABACOS

Marca "HABANERAo, de Infanz6n
y Rodriguez de Mayagiez. visite la
oficins y yea el muestrario. Cruz /.
(A1tos.) Telefono 1880. San Juan.
The Bismarck tribune., 1922-06-16
READE HONORED
. j.. =. ,.,.,,,F FOR 26th YEAR

" H. 1. Reade, ,,of Bismarck, was
reelected secretary Of the North
OakotHsp pMeSsUn's Assoc ciation for
his 26th annual term of office at
Casse!ton yesterday. The next
convention goes to Devils Lake.
officers were chosen as follows:
President, l. r. NostdaI, Rug.
by; first vieeprssident, VIM. MUIR
ply, Valley City; second vice.
president, Th,s. Madden, Mott;
secretary, HI. Reade, Bismarck;
treasurer, r. e. Fuller, Beach;
trustees, John Kelly, Grafton; I.
E. coreIl, casseiton, and A. E.
Anderson, Steele. William Hall
4 is the retiring president.
Mr.. and Mrs. Reade were presented
with a beautiful silver service set b!
the firemen in recognition of his ser
vices.
The Bismarck tribune., 1922-06-16
MARION WILL
CELEBRATE Tooth
ANNIVERSARY
(By the Associated Press)

(By the Associated freSS)
Marion, O., June 16.-The eyes Of
the country, focused on Marion two
years ago, again will be turned to
5his Ohio town, which has sent the
5wenty-ninth president to the White
House, July 2 to 6. Marion will be
100 years old then, and it plans to
entertain more distinguished citizens
Turing the four-day centenary cele-
oration, than in the rushing days Of
;he Harding campaign, when many
1otables flocked here.
Of more Importance to Marion
people than the centenary itself, will
oe the return at that time of theirs
and the country's "first citizen" Pre-
;ident Warren G. Harding, and Mrs.
florence King Harding. It will be
The first time the Hardings have
.ome back to their home town since
hey left year and half ago.
The Bismarck tribune., 1922-06-16
See Another Slash

. (By the Associated Press)
Chicago, June 16.-On the eve
of another railway wage slash, ex-
pected to lop around $30,0O0,0O0 from
the railroads annual labor bill COW
ering 325OO0 employees, gossip in
reality centered today on the ques-
tion of whether if a strike ballot au-
thorizes the men to stop work, walk
out will actually take place. -
Reports from headquarters of the
railway employees department of the
American Federation of Labor were
that 100 per cent vote from the
100000 shopmen was expected and
that indications were it would over
whelmingly favor a strike.
Added to the shopmen's vote was
the ballot now being cast by 100000
maintenance of way laborers. Both
votes are to be completed before Ju.
ly /, when the $1l0,00O,0OO slash fo,
those two classes goes into effect.
Wage cuts for other classes OF
workers were regarded as forerun.
ners of more strike votes. Executives
of eleven unions decided in Cincinnati
last week to issue a strike ballot i'm
mediately on announcement by the
board that. the pay of their men
would be decreased. With the new
decision, looked for tomorrow, three
more classes-clerks, signal men
and stationary firemen-are expect.
ed to add their ballots to the de.
luge. That will leave only one Of the
eleven organizations not voting-the
telegraphers-who will suffer no re.
duction, and are not expected to take
strike vote.
The Bismarck tribune., 1922-06-16

have saved some of those fifty-cent
dollars and with them have paid debts
that were contracted when the dollar
was worth one hundred cents. When
such popular idols and successful
business men as Ford and Edison sug-
gest the advisability of abandoning
the gold standard for a merchandise
or energy" dollar what wonder if the
unsuccessful men who are pinched by
defAation should ascribc their mis-
fortune to false basis for the money
standard. or to the deliberate abuse of
credit on the part of the banker.
The banker as the custodian of
funds and the granter of credits will
be asked to do the impossible. Safety
for the banker and the public lies in
a campaign Of education as to the
functions of banking institutions,
their powers and limitations and their
service to the community"
The committee of the North Dakota
Bankers association, headed by Mr..
Johnson, is made up of the chairman,
y. Ray Gregg, j. l.. Bell, E. f. Volk-
mann and Frank Scott, -
TO ELECT OFFICERS.
Reports Of the resolutions and nom,
nations committees, election of officers
and selection of the 1923 meeting place
is the principal business before the
North Dakota State Bankers associa-
tion in Minot this afternoon.
The state bank members were in ex-
ecutivc session this forenoon, consider
ing the report Of the committee appoint
ed at the last convention to deal with
closed banks.
An unusual spirit of optimism is no
,ticcd at today's meeting, following yes
terday's rain which covered the entire
state, and the opinion is generally ex
pressed that the precipitation was
worth many thousands OF dollars to the
growing crops.
Today's registration list showed an
attendance of more than 400 bankers.
The Bismarck tribune., 1922-06-16
BLAME PLACED ON CLOSING
OF 46 STATE BANKS
Continued from PAGE u

in many places, banks owned by those
who only looked to dividends and po
litical banks, but were there strict
and Intelligent supervision, backed
.lp by proper laws the disronest, in.
experienced, greedy or partisan own
crship would not find the field avail
able, nor profitable" b.
The. committee on banking educa-
tion is attempting to show the people
the actual place Of the banks and the
fact that the people and the banks
have one common interest, George H.
johnson of Wales, told the North Da-
kota Bankers. convention here today.
"The American Bankers associa-
tion through its committee on public
education has provided an admirable
outline of the fundamental principles
of the banking business" Mr.. johnson
told his associates. This outline is
designed to assist US in presenting to
the public the simple truths and fun
damental principles of banking. By
using that outline and obtaining the
cooperation of the educators of our.
state it should be possible for the
local banker to see that the students
in our public schools gain some
knowledge of how bank serves the
community. This outline has been
published in our North Dakota Bank
crs Magazine, thus enabling every
North Dakota banker to personally
familiarize himself with the lectures
and be prepared to present the subject
to the general public and more es-
pecially to the students in our public
schools.
"We are passing through period
of falling prices which will probably
continue for a number of years. The
drop will not be uniform and continu-
Gus but the main trend will be down.
ward. All such periods are accom-
panied by agitation and pressure in
favor Of easy credits and fiat money
as it is hoped by these means to bring
back the days of fictitious prosperity
which accompanied inflated values.
The man who borrows fifty cent dol
lars feels it to be an injustice to pay
these debts with dollars that are
worth one hundred cents; he forgets
that by thrift and industry he might