davidaulloa/AmericanStories huggingface dataset:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
RECEIVERS OF YELLOWSTONE VALLEY
BANK SUE FEDERAL RESERVE BANK
charge That Federal Reserve Bank Looted Yellowstone Val
ley Bank Of Depositors Assets Few Days Before the Bank
Closed Its Doors
SEEK TO HAVE THE MONEY RETURNED TO BANK

lev bank was insolvent, and its IN
solvency known to the said federal
reserve bank. agents of that institu-
tion caused to be removed from the
bank. within few days of its clos
inc. notes and securities valued at
e5s38 5s 9S6 % without advancing any
additional sum by reason thereof.
This action of the federal reserve e
bank. Mr.. Teisinger asserted. gave II
an on rndne advantage over depositors
and an other creditors of the closed Vel YelJ
iowstone low Valley bank and indicated
t6at tPas ifi-T It was seeking to obtain great
er proportionate share Of its opPrGEtaT5 ppGReTty
He asked authorization to nsutute
el,i+abIe proceedings to enforce an ac..
eC,lr1tr Counting of the said $288, ,986.22 1. a9G
anv sums in addition which, mignl i; q
have been heretofore collected IN I,1,I1 ina
manner m by the federal reserve bank
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
Ole A. Moe Made Manager
of Scobey Sentinel Paper

Ole A. Moe, until recently deputy
Treasurer & of Sheridan county, in
which position. he made a record for
himself, which job he recently resign
ed to become manager of the Produc-
ers News, was on Tuesday of this
week hired as manager of the Farm
ers Publishing Company of Scobey.
Daniels County, as manager. of the
Scobey Sentinel and entered upon his
duties Immediately and from now on
will attend to the business of that
publication. Mr.. Moe will also re-
tain the same position with the Pro
dueers News, dividing his time be-
tween the two papers, spending part
of his time at Plentywood and part at
Scobey. Mr.. Moe is a very capable
young business man and the farmers
made no mistake in putting the Sen
tinel under his management.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

which they are exploited. Nc in
telligent man today believes that
our periodical panics are due to
economic causes, but knows they
are caused through the expansion,
contraction and control of credit.
"Dr. George H. Shibley, director
and founder of the Economic Re
search Institute, Washington, d.
c.. in his testimony before the
Committee on Banks and Curren-
CIV last December said. "That po-
litical power in the creditor class
explains the contraction of the
volume of money, a creature of
law. Only by controlling the
governments could there be re-
stricted unduly the volume of leg
al tender, which is one of the ele-
ments of money. From 1868 in
this country the volume Of money
was cut down gradually most of
the time for 80 years. accompa-
MED by falling prices and hard
times Again he says: This period
of Imitation was interrupted in 1907
bv a panic for money and credit
caused by concerted action by the
standard Oil Group in opposition
to the Morgan Group. The Nor
gan group lost heavily and Mr..
Morgan came to Washington and
sat in the Senate Gallery when
Senator Aldrich introduced the
hin for an elastic volume of pa
Continued on Page Four)
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
Conner Takes Rape Case From Jury
Judges Ruling Was Very Partial Defendant-n Fact Caus
ing Considerable Hostile Comment-Court Room Pack
ed Daily.
HARRIS ESCAPES ON DEARTH OF EVIDENCE

Judge Conner dismissed the Charge
of Assault with Attempt to Rapes
against James Harris, which had been
before the Court since Monday after
noon, Wednesday shortly after dinner.
on the motion of Paul BabcOcS, con-
sui for the defense on the grounds
that the evidence produced by theg'
State against Harris was not sufhcleHes
to hold the case to the jury.
The dismissal of this case has not
met with popular apprOval-Tand a
feeling exists that man guilty OF
contemplate crime has been allowed
to escape because of the absolutely
wrong rulings of the Court which pre-
vented the State from introducing the.
circumstantial evidence that grease
MANY people feels would have resulted
in a conviction. In fact at many times
It would seem that the Court went
out of its way in an effort to assist
the defendant.
It is the attitude and acts OF Court
of this kind that promotes mob law
and violence. -
CASE CALLED MONDAY.
The case of the State of Montana
AGAINST James Harris charged WIN
assault with attempt to rape, was
called Monday afternoon. 80
County Attorney Erickson. assisted
nv ATTORNEY Howard M. Lewis, prose,
c1ted and Attorney J. J. Gunther aha
Continued on Page Four)
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
nj. NELSON RETURNS FROM EAST TUESDAY

The State Bank of PlentywOOd IS
still in a state of Suspended AM
nation" Saturday afternoon last,
the hank examiners arrived from Red
stone. where they had been working
on that bank. and started to examine
the suspended bank here. Whethef
they took possession of the bank OF
not is not vet known, but a slgH
announcing that the bank mas Dee'f
closed at the order of the State BANK
Examiner has net yet appeared. me
employees of the Bank still arrive
each morning at nine o'clock ana
stay all day during the banking hours
when they close the bank and return
home. Every day large numbers OF
depOsitOrs appear to inquire whether
or not the bank has resumed the pay
ments of checks, to be informed that
it has not, nor does it seem to know
when it will or what it intends to do.
In fact the whole situation seems to
be a Joke, whether on the bank or the
public, no one can exactly tell. How
ever, in this matter the attitude Of the
State Banking Department seems TO
be the grimest of all.
As things stand as the Producers
News goes to press it is not known
;ust what the status of the bank IS.
F,nployes of the bank, as usual in
bank failures, are vehement in the
claim that the bank is solvent and
will paw out every dollar, and are
claiming this in spite Of the fact that
no bank in the history of financing
has ever done this, and it is hoped
| LV everybody that these assertions
| will prove correct.
MARION QUITS
However, Petei Marron, one of Inc
heavy holders in the bank and one of
its chief financial mainstays, is re-
ported to have tcld his friends that he
has put the last dollar into the insti-
tuition that he is going to put into
it and that he will have nothing more
to do with the institution in the fut-
ure. Mr. Marion is said to have
raised $4,000 fer the bank in Sep
tennber and saved it at that time when
it was reported to have been headed
for the rocks.
A WEEK WILL TELL
Another week will probably tell
whether the State Banking Depart
ment is going to close the bank OF
whether the bank will resume opera
ton. The State Banking Department
has so many insolvent banks on its
hands at this time that it is cverwork-
ed which is said to account for its
seeming hardness.
NELSON BACK FROM EAST
N. L. Nelson, cashier of the State
Bank of Plentywood, is reported ia
| have returned from the east the mid
lie of the week, but as the Producers
News goes to press he has net made
any statement.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

Pasa-..ey ey;-Aleging that the Federal
ritS5s oank Of Minneapolis had
eo-. I. sNa 4 from the defunct Yellow
osr,. 9.ley Bank and Trust com
5o9-s. 4 Is" days before it closed its
non certain securities valued at
re,s;-a nan S2S8,O00, C. /. Teisipger
,58-. ~, MED petition in district
aor'-i--el -ele praying for an order au-
,aei;rr aim to institute proper pro
Per- oI ne recovery Of the pa
JUDGE f 5as petition was granted by
w f,-5 petition Receiver Teisinger
d - IN Nm mat prior to the Insolvency
hust e1.e.loVstone Valley Bank and
Slo0o 0o3o so'29pany, it obtained a loan of
TANK y from 15m the Federal Reserve
tine rss;9n y minneapolis, at the same
toners sss.asceanting notes Of its Gus
tlrbssr mounting to S12821412 M
cured. ~. ~ .,li additional loan was pro
's' while the Yellowstone Val
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
ARCHER SCHOOL TO
GIVE FINE PROGRAM
Arrangements Being Made to Give An
Excellent Program at Archer School
Friday, December 21st at 4:00 p. M.
Long and Varied Program Will BE
Given.

One Of the finest Christmas pro-
grams given in Sheridan county will
be held at the Archer school next
Friday, December 21st, beginning at
400 o'clock in the afternoon.
Every fern of entertainment is be-
ing furnished by the pupils of the
Archer school and also the residents
of that precinct, consisting of read
ings, songs, recitations and a play en-
titled Dinner for One"
The play will be an unusually good
one and will be worth going a long
distance to see.
When the Archer community puts
on an entertainment, they do it right
and everyone may be assured that
this one will be no exception to the
rule and they have a long and inter
esting program which we are not able
tc print on account of the lack OF
space.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
WIDESPREAD MISERY RESULT OF CRASH
producers News.

e,soial to Producers News. -,
sls-.s:: l,..-:-town Dec 1O.-The First Ma
..i Rank of Fergus County, the
i..-as+ L,.,l. banking concern in central
= @astern Montana went to the wall
=. Monday morning as the result eff
~ last Saturday by a huge crowd
-s,.obfpned depcsitors, who made a
y I,Tsb to get their money upon the
.-arra ..a of several small town State
5arEs in Fergus county during the
-.st which banks are the property Of
~ First National Bank of Lewis
county.
100000 CAPITAL
Tho First National Bank of Fergus
c,rr+v has a capital stock of $780,
600 and a surplus of 100000: it has
isnosits in the sum of S5,000,0U0 and
ras the principal bank of deposit in
central Montana and was a discount
6gk for several smaller banks in
Fergus county, all of which nave re-
FIRST COPPER BANK TO FAIL
me Lewistown Bank is the first
hank known in the state as a "COp-
pr' bank to fail, and is the largest
5nhng institution in the state to
uuumb in the impending financial
sri economic wave that is engulfing
ha nation.
DEPOSITORS DISAPPOINTED
The first heavy Withdrawals from
the bank occurred Saturday and the
news Of the condition of the bank
spread after the bank closed Satur-
day and all day Sunday and Monday
morning a long line of depOsitcrs
waited for the opening Of the bank
to withdraw their deposits, when one
Of the employees appeared in the doOl
and posted from the inside the notice
. the effect that the bank had beer
c0sed by orders of the Board of Di-
ectOrs. The crowd was excited
some were crying, while others were
usng Many lost the saving of {
he time, and it is understood that
ne bank will never be able to pay
out but a small fraction of the de-
posts, the bank having taken huge
losses as a result of dehation and the
agncutural wreck of the past coupl,
Of years. the result of the deflatioI
policy Of the Federal Reserve Bank.
BELDEN RUINED
y. ". Belden, prominent in bank
lg and financial circles cf the state
reported as ruined, as is also, w. L
so-nson, president of the bank, VIII,
- oeen considered one of the lead
TaaS
Among the other officers of tn
-aS are Rep. T. 7. Taylor of Fer
s. county, who did yoeman servic
.ne legislature last winter in be
- q the banking fraternity.
OIHER BANKS FAIL
N tuesday, following the failur
+, va ;qe Lewiston bank, the State Ban
y y Moore and the First National Ban
-sI more both We're closed as a resul
Y .ae wreck and State Bank of Ray i
i1-s's.a n part Of the county also CLOSED
-. s. y these banks were closely allie
pthe .l the First National of Lewiston
RADICALLY all of the small tow
iCOndDued on Page Four)
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
BENEFIT COMMUNITY HOSPITAL
Given Under the Auspices of the Outlook Community Hosp
tai Aid Who Are Confident That An Enormous Crowd
VIII Be Present to Enjoy New Year Festivities.

The Outlook Community Hospital Aid
will present an "Olde Tyne Musical"
at the Stivers Hall, New Years Eve,
Monday evening, December 81, which
will be followed by an "Old Tyne
Dance" The proceeds from this ven
ture will GO as benefit to the Out
look Community Hospital, which in
stitution is doing so much for the
benefit of the people in the north half
of Sheridan county and the Canadian
people along the border.
The musical will be a scream from
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
w. c. T. u. MEETING

The w. C. T. U. met in its regular
monthly meeting at the 9Th grade
building Tusday evening at 8 o'clock.
Mrs. E. T. Mitchell, the Evangelistic
Superintendent led the meeting. Roll
cali was responded to by giving some
current event concerning Prohibition
Miss Isabel Malcolm read an inter
esting paper on "The Significance 81
the "C'' in w. c. T. U. and Mrs. G. o.
Christianson gave a well prepared
Uaper on "Prayer and Faith-the Key
note of Success" Come to these
meetings every second Tuesday OF
each month that the forces of good
may be as we'll organized and a,tive
as the forces IF evil.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
WANTS TO KNOW
WHAT MOE IS AFTER
Says Moe Has Been Offered Guaran-
ties of Every kind-Was Ready to
Meet Moe at Radville. Few Weeks
ago When Moe Developed Sore Knee
on Eve of Match.
Outlook, Mont.
Dec. 4th, 1928.

Dec. 4th, 1928.
Mr.. Nels Moe,
Yorkton. Sask., Can.
Dear Sir:
In reply to your challenge to Mr.
House will say we are tired of the
mush you have been feeding the
readers Of the Producers News. We
would like to have you state what
you would consider a fair renumera-
ticn for your times and services. You
have been offered a 60-40 or winner
take all, also a guarantee of $250.00
and you still continue to throw MUSH.
Mr.. House didn't have any sore
knee at the time he agreed to meet
you at Radville; why did you not
come through-he was there. We are
challenging you now on a 60-40 basis
or winner take all, and if you have
any spare change, bring it along, all
side bets will be taken. Now, we are
tired of mush: come through now anC
be as you claim, "a sport" But yoU
will not come.
AS you know you don't dare to meet
! Mr.. House, and it is a very poor spOrt
who will try to profit by the reputa
tion of another. Have you got thu
! CUTS ? :? ? :? 4?
Yours for sport.
OUTLOOK GLEE CLUB,
By JIM TROWER, Mgr
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
AMERICAN LEGION
DANCE SAT. NIGHT
Tomorrow Saturday Night, Local
Post American Legion Puts On Big
Dance-NIew Orchestra Will Be
Heard for First Time.

All lovers of dancing in PlentywoOd
and surrounding country are looking
for a big time tomorrow Saturday
night when the local post cf the
American Legion puts on big dance
featuring the Montana Melody Five,
which orchestra is making a great hit
in Northeastern Montana at the pres
ent time.
A large crowd will no doubt be pres
ent from this city and it is reported
that many people are coming from
surrounding towns to take in the big
doings.
It will be a gay night for those who
love to trip the light fantastic and
with the good roads, the 0rpheum
theatre again will be packed with the
merry makers.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

Hans Hardersen of the Archer com
munity was in Plentywood last We'd
nesday, shopping and looking after
other business. Hans bought SOC
pounds of -four at the PlentywOoC
Mill at the special reduction prices
which they are now giving.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
Friends Give Farewell Party
to Mr.. and Mrs. Mattson

The frieds and neighbOrs of Mr.. and
Mrs. Adolph MattsOn of the Outlook
precinct to the number of lis, gath
cred at the farm home of Ephraim
Faucet Sunday as a farewell party in
honor of Mr.. and Mrs. Adolph Matt
son, their old neighbors, who are
leaving the homestead for a new home
in Minneapolis. A collection of twen-
tv dollars was taken up with which a
beautiful present was bought as a
token of the esteem and affections
held for them by their old associates
The party was a very lively and hap
DIV affair except that time when the
farewells were said.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
PLENTYWOOD H. S. TO
GIVE ONE-ACT PLAY
'oThe White Christmas" Will BE Pre-
sented to the Public at the Orpheum
December 2Oth-NO Admission Will
Be Charged.

"The White Christmas" a morality
play in one act centering about the
birth of Christ. will be presented by
the Plentywood High School at the
Orpheun1 on Thursday evening, the
twentieth of December at eight
o'clock.
The Prologue SUSIE Legge
Mary, the Maiden Mother
Lillian Gunderson
Joseph, Of the House of David
Elder Gunderson
Simeon. An Old Shepherd
Leroy Parkhurst
Timonthy, A Shepherd, the husband
of Anna Oscar Benson
Isaac, A Young Shepherd
Clarence Pappenfus
Anna, the wife Of Timothy
Theresa GrimsruC
Thomas. the little son Kenneth Kelly
Ruth, the little daughter
Eleanor Stambaugf
Deborah, the Hostess of the Inn
Mabel Guenthe1
Rachael, a maiden of Bethlehem
Margaret McNulty
PflSclia, nef COUSIN RUBY JOnuSOI
Melchcir. Gaspar Baltasar, the Wise
men from the East Oliver Zie
barth, Marion Mitchell, James Bruc,
Added features of the program vii
be:
The Girls Glee Club
The Girls Quartette
The Boys Quartette A.
''The Great Guest Comes" -MariOl
Mitchell.
The public is invited to be present
No admission charge will be made
In event the weather permits, tn
high school students will sing Christ
mas carols about town before the ev
e1iing's program.
Advertise where it pays-circula
.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
HAGGERTY BABY DIES
AFTER OPERATION

The eight months old baby of Mr..
and Mrs. William Hagegrty died at
the Hospital at PlentywOod Friday
following an operation for bowel
trouble whicr it had suffered with for
some time.
Funeral services were held from the
home Wednesday moping. The en-
tire SYMPATHY of the community goes
to the family in their hour of sorrow
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

start to finish. Those on the program
are working night and day. and there
will be many original and entertaining
numbers.
Everybody will wear old fashioned
clothes. Prizes will be given to the
best Ladies' and Gents Costume anc
Get Up"
The Musical begins at 500 O'clock
sharp. Admission will be so and 25
cents. The price of dance tickets viii
be One Dollar. The proceeds will &c
to the hospital.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
NELS MOE KNOCKS
OUT STEVE OBREN
Coming Young Pug Floors Huge
Irishman in Second ROund-Fight
Sensational While it Lasted.

Holdfast. Sask., Dec. 23.-BefOre a
packed house at HOldfast, Sask., on
Saturday night, December 8th, Nels
Moe knocked out. Steve O'Brien in
the second round of ten round sched-
ule. O'Brien took the county of eight
in the first round. The match was
fast and furious while it lasted
O'Brien stands six feet six and weighs
over 200 pounds and has reach of
81 inches while Moe stands 5 feet IL
inches and weighs TIA pounds with a
reach of 1879 inches. 1t was a case
of speed and science against sizer
weight and strength.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
Nels Moe Coming to Ar
range Bout With House

= It is reported that Nels Moe
= will arrive in Plentywood about
+ the 18th of the month to arrange
4 a wrestling match with ElwOOd
x House of Outlook.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
STOPS PAPER BUT WANTS
HIS NAME PUT ON LIST AGAIN
Scobey Mont.
Dec. 8, 1928.

Scobey Mont.
Dec. 8. 1923.
Dear Sir:
: Please send the paper again and III
pay back arrears some time this win
ter l wrote you to stop the paper
but find it is by far the best paper
take.
Yours very truly,
GARFIELD WILSON.
Box 1877 Scobey, Mont
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

Jens c. Hansen and brother John,
of Dagmar were in with a truck load
of wheat Friday, which they had
ground into flour and feed. The Dag
mar people appreciate good flour and
come a long ways to get the best.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
Bank Still
In Estate Of AnimatiOn" !"

c.4 p E;,er Arriving in PIentyvvoOd Saturday from
Redstone Where They Had Been Examining the otaee
Bank of Redstone Start Examining Bank-Bank 81 Not 1ee
Closed-But Neither Takes Deposits Nor Pays CheckS'
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

DRECTORS ORDERED BANK CLOSED TO
OD' PREVENT WITHDRAWAL OF DEPOSITS

p Of Sensational Rum Engendered By the Failure of
As Several Fergus County Small Town Banks Allied With
be Ievristown Bank, Last Week, Huge Bank Closed
Monday
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
OLD TYNE. MUSICAL
ON NEW YEARS EVE.

AT Outlook on New Years Eve Followed ByYe Olde lyme
Dance With Costumes to Match the OccasiOn-SOcial
Event of the Season.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14


= SEN. ANDERSON'S DATES
FrOid, Friday evening, Decem-
Der Ia, at 1880.
McCabe, Saturday evening, De-
oember 18th, at 1880.
$ Lenark school, Monday even
ing, Dec. II, 1880.
Dorm School, Tuesday evening,
Dec. 18th.
Sugar Top School, Dist. 25,
Wednesday, Dec. 19 at 1880.
Popular, Friday, Dec. 21, at
1880.
SEN. E. E. TAYLOR DATES
Enterprise School Dist. 4, Fri
day, Dec. IA, 1880.
Harvey School, Saturday, Dec.
18th, 1880.
Bainville, Monday, Dec. II, at
= 1880.
CulbertsOn, Tuesday, Dec. 18th,
at 1880.
Fred Kjerrumgaard Of Archer W
IN F1.idav with wheat tn he prOu
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
FIRST COPPER BANK TO BUST DURING PANIC

Ruins Beden and Johnson Widely Known Montana Bankers
NuD Failed Bank Has Capital of 1000 and $1OO 900
Srplus-Deposits of $5,0OOOOO.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

Fred Kjerrumgaard of Archer was
in Friday with wheat to be ground
into flour.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

Advertise where it pays-circula
tiOn 1000 every week.
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14
ANDERSON S
SPEAKING
DATES

Farmr-LabOr Organization Meet.
ing will occur at the following
placs on Roosevelt County on the
following dates:
The producers news. [volume] (Plentywood, Mont.) 1918-1937, 1923-12-14

PRESS RUN -
THIS ISSUE &c OF ,
q lgF PRODUCERS
I5I 5EFws IS 1000
PAGES pa EIGHT
The daily star-mirror. (Moscow, Idaho) 1911-1939, 1923-08-23

when the weather is bad you have
rheumatic twinges. The urine gets
cloudy, full Of sediment, the channels
often get sore and irritated, obliging
you to seek relief two or three times
during the night.
To help neutralize these irritating
acids; to help cleanse the kidneys
and flush off the body's urinous waste,
get four ounces of lad Salts from
any pharmacy here. Take table,
spoonful in a glass Of water before
breakfast for few days, and your
kidneys may then act fine. This fam
GUS salts is made from the acid of
grapes and lemon Juice, combined
with ithia, and has been used for
years to help flush and stimulate
sluggish kidneys; also to neutralize
the acids in the system 80 they no
longer irritate, thus often relieving
bladder weakness.
Jad Salts is inexpensive; cannot
injure and makes delightful efferves-
cent lithia-water drink. By all means
have your physician examine your
at least twice year. To be
from Corner Drug and
Jewelry Store.-Adv.