davidaulloa/AmericanStories huggingface dataset:
Evening star., 1926-04-03
PONz| At LIBERTY,
TOF|CHT CHARGES
Appeals Latest Conviction by
Florida Court-Wife Is
Also Indicted.
By the Associated Press.


i JACKSONVILLE, Fla. April g.
Though convicted in both Massachu-
setts and Florida courts on charges in
connection with his financial schemes.
Charles PonZl. the getrich quick wiz
ard, was still at liberty today under
two different bonds and smilingly pre-
pared to COatinue his fight against all
charges
Duval County jury yesterday
found POnZi guilty of violating State
laws governing businesses conducted
under declaration of trust. The YER
dict carries sentence of two years
in the penitentiary. or a fine Of ~ 800.
Sentence was stayed under a motion
OF appeal for new trial. and Ponzi
left the courtroom under SIS, 900 bond.
Rosa Marie Land Deal.
The State charges We're brought fol
lowing an investigation of his Rosa
Marie land promotion scheme by
which he offered lots in Columbia
County for $40 each, and promised his
investors large returns. The business
was conducted under the name of the
Charpon Land Syndicate, and was to
realize enough money to repay in
VeStors in Massa achusettS who lost in
another scheme. PonZi said.
The State charged that PonZi failed
to file with the Secretary of State a
copy of the deClara ton Of trust under
which he contended he was operating
the syndicate. PonZi's wife. Caledonia
Alviti and Mrs. Alviti, other members
of the syndicate. We're INDICTED on the
same charges. They will be called for
trial in the event PonZi's conviction
Yesterday is upheld If Ponzi is
granted new trial and acquitted
the charges will be dropped.
Alviti recently was convicted under
Massachusetts blue sky laws on
charges growing out of his promotion
of the Charpon Land Syndicate in
Boston.
Evening star., 1926-04-03
"The Master Spirit of the COnven-
finn ~

OF the work of Alexander Hamilton
in the making of the Constitution of
the United States so great an author
Y as Chancellor James Kent. author
Evening star., 1926-04-03
FOREIGN

IS am. Greenwich time. todayl
sf,+icps Tannaratura Waatha
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
BANKER PAINTS SOUND FINANCIAL
OUTLOOK FOR THE UNITED STATES

discourage speculative buying o!
commodities.
The country's foreign trade has
shown a healthy expansion during the
year. The value Of exports during
greater than in the corresponding
period last year, and the value Of I'M
ports was 10 per cent greater.
The general upward trend Of stool;
prices continued throughout the
greater part Of the year In recent
weeks series Of sharp setbacks has
been encountered, due to higher open
market money rates and advances in
rediscount rates at four federal re.
serve banks. The level of interest
rates has risen slowly for more than
year, with a pronounced increase in
the volume Of bank credit. Most OF
this increase has taken place in loans
secured by stocks and bonds. which
include loans for financing security
transactions.
Funding Of Debts.
The progress made in the funding
Of international debts has increased
general confidence and facilitated the
restoration of normal economic con-
ditions abroad. Although the actual
payments under the funding plans
will introduce new problems, for the
time being the settlements are IL dis
tinctly favorable factor in the inter
national situation. The Inauguration
Of the Dawes plan and the LocarnO
peace agreement have done much to
clear the atmosphere in Europe.
The outlook for 1926 is favorable
for continuation of large business
activity and generally prosperous
conditions. at least during the early
months. The general industrial and
commercial situation is thoroughly
sound Large employment. high
wages and satisfactory profits are
conducive to active buying by con-
sumers. Interest rates arc moderate
with no probability Of early strin-
gency. On the other hand, they are
no longer abnormally low. and the
danger of price initiation is accord.
ingly reduced.
In domestic business, the prime
need at the present time is for tho
moderation which has characterized
the activities of most concerns dur
ing the last four years and the con.
tinuation of an intelligent and sym.
pathetic governmental attitude to-
ward business.
In international affairs. the return
| to normal economic situation viii
be FASTENED by the balancing Of bud
gets, the stabilizing Of currencies and
by the funding Of the remaining in
governmental debts along work
able lines. the encouragement Of
sound credit extension to foreign gov
ernmentS and industries and tho IA
countries \ to make the payment.
agreed upon.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
DIAMONDS STOLEN
BY ARMED YECCS

New York, Jan. 11.--R Two jew
elers were robbed today of bag
containing more than 100000 WORTH
of uncut diamonds by two men who
knocked them down with pistols in
48th street, near Fifth Avenue. The
robbers escaped in an automobile.
The victims. Albert l.. Goudvis Of
Goudvis Brothers, diamond brokers,
and Emanuel Veerman. an employee,
were cnroute from the Hartman Ma
tional bank in Fifth Avenue to the
firms office. Seven shots were fired
at the fleeing robbers by policemen.
The robbers' automobile was lost in
the heavy traffic in the Grand Cen
trail terminal district.
Traffic policemen said the car re-
sembled those used by deputy in
spcctors.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Will Provide All
Schools With Text
!, Book on Marketing

Washington, Jan. sll.-lR9-4Agri-
cultural experts, here to lay the
groundwork for the fourth national
cooperative marketing conference
which opens tomorrow, put the fin
ishing touches today to q textbook
on cooperative marketing which it
is planned to place in public schools
Of the country for instruction Of
farm children.
The book will be combination of
the work of the department of rural
education of the National Education
association, and those interested in
improving the status of agriculture
through more effective cooperation.
Farm experts who are taking part
in the meetings here include former
Governor Lowden of Illinois; Samuel
H. Thompson, president Of the Amer
lean Farm Bureau Federation; Robert
w. Bingham of Louisville; Aaron Sa-
PRO. cooperative organizer, and many
others. They will confer with Secre-
tary Jardinc late today.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Legion Membership
Drive is Successful

Solicitors IN the American Legion
membership drive, which was opened
in Bismarck this morning, report ex--
ceptionally good results and indica-
tons are that the Lloyd Spetz Post
No. l, located here. will have q much
larger membership this year than
during 1926.
Business men Of the city responded
very nicely to the request Of officers
Of the local post that employees be
allowed to conduct the drive and in
supplying lists of their employees who
were ex-service men. accprding to
the solicitors. In addition to sccur-
ing Legion members, the post Off
GERS are endeavoring to make an ac-
curate census of all ex-service men
in Bismarck and vicinity.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
EXTEND
PROTECTION
-
-
TO FARMERS
= ~ XV ~
Farmer Entitled to Tariff
Benefits, SAYS Head of Az.
-
ricultural Council

Morris, H., Jan. 1l.-(P The pro-
tectivc system, must be extended to
include agriculture and our surplus
crops il it is to be retained for In
dustry and labor, declared George
N. Peek, president of the American
Council of Agriculture, before a mid
west dorm day meeting here today
"The farmer is entitled to the
benefits Of the protective tariff in
addition to all the savings he may
effect through better and cheaper
methods of protection, marketing
md transportation" he said.
Gle must have an American price
for American consumption independ-
cnt Of the world price for the sur
plus just as an industry has"
~ He pointed out that because Of
protection afforded other groups by
legislation "the farmer has been and
!. buying in an American market
protected by laws enacted by our
government for the benefit Of indus
try and labor and selling in world
regulated by world conditions, in
competition with the European peas
ant and the Argentine Indian"
Only Two Ways
The fundamental troubles can be
remedicd in only two ways, Mr.. Peck
said, by repeating all protective mea-
sures or by including the farmer in
the protective system.
The first is unthinkable, he said,
and outlined this idea for the Sec
ond:
Organize and finance agriculture
SO that il, too, may divert surplus
to export as industry does, selling
surplus alone at competitive world
prices, independent Of domestic
price, just as industry does, and is
encouraged to do by the Webb Pom
concern would think of permitting
to. determine its domestic price.
The second cure requires only a
mechanism to handle, or to contract
with others to handle, the surplus
above the domestic requirements.
IF you skim off the surplus, the
domestic supply will flow naturally
in response To domestic demand and
will sell at a fair exchange value.
The farmers dollar compared with
the other mans dollar will then be
worth one hundred cents"
Cooperation Not Cure-All
Cooperative marketing has done
much for the farmer, but is not the
panacea for all his ills, said Mr..
Peek They could do more were the
exportable surplus taken care Of,
but to maintain a domestic price
above world levels, ut the same time,
dispose Of substantial surplus at
the world price, is a task which vol
untary cooperative organizations Of
farmers alone cannot do, and which,
il ai-empted by them. would destroy
them.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Tuberculosis in
Cattle Is Costing
&0,O 600, 900 a Year

Washington, Jan. 11.-LP)- Esti-
mating that tuberculosis among cat
tie is costing American farmers $40,-
O0O, 900 year, A. J. Glover of Fort
Atkinson, Wis.,, appealed today to
President Coolidge to use his influ-
once TO bring about an increase in
the appropriation Tor eradication of
the disease.
Mr.. Glover is chairman Of the COM
mittee of the American Dairy FEEDER
ation, designed to promote tuber-
culosis eradication. He told the
president that against q federal APP
preparation Of 81, 560, 900 for the cur
! rent year. the budget has recommend
tcd only $2.9O0,QOO for cooperative
WORK il, stamping out bovine tuber-
G61osis- He advocated an appropria-
ton Of $4,000. 900 for next year.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
By FRANCIS II. SISSON,
President Trust Company Division
American Bankers Association.

As 1926 ends there is presented the
prospect Of continued high levels for
business generally in 1926. That out
look, of course, is based upon the
very substantial progress made dur
ing the last IL months. And. in or
der to gauge the future intelligently,
it is necessary to glance briefly at
the immediate past.
Nineteen hundred and twenty five
has been a year of great industrial
and commercial activity. based, for
the most part. on sound underlying
conditions. The most striking of
these has been in the building and
automobile industries. In the for
mcr very rapid pace has been main
tanned for four years, and this has
undoubtedly afforded Il basis for in
dustral operations in many lines on
a scale which could not have existed
otherwise. The same is true in les
ser degree Of the automobile indus
try, in which high levels have been
usually maintained, though not with
out interruptions. 1t appears that
both these industries will establish
new records for output this year. !,
The cotton and wooden textile in
dustries have entered upon what APP
pears to be a definite recovery from
the depression of the last few years.
The effect Of two successive large
crops of cotton has been to reduce
the price Of the raw material with
out corresponding decline in textile
prices.
A similar tendency toward price
balance has taken place in wool.
Moreover, manufacturers have grad
ually become adjusted to the new
marketing methods necessitatcd by
the conservative buying policies OF
distributors, and have adopted mea-
sures to meet the radically altered
demands due to style changes.
Rural Buying Power.
The general industrial situation is
further strengthened by the cnhanc-
ed buying power of agricultural com
munities resulting from second sue.
cessive season of good crops and
higher prices. Although the tota
income of farmers this year viii
probably be no greater than in 1924
the cumulative effects of two rea
sonably successful seasons have al
ready become apparent.
Large industrial output has beer
balanced by active consumption, witt
the result that no excessive inven
tory accumulation has occurred
Wholesale and retail trade has beer
maintained at high levels throughout
the year. The steadincss of commo-
dity prices and the extraordinary
promptness and reliability of railwa!
service have been factors tending t.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
NOTICE OF MORTGAGE EORE-
CLOSURE SALE

Notice is hereby given that the
certain mortgage, executed and de-
livered by Frank G. Ashley. a Wild
H "g,on M Of Es%arcE o s." o. C. Morn Me%
gagee, dated the 18th day of No
vember, 1919. and filed for record
in the office of the Register Of
Deeds Of the County of BurIeigh
' sth STATE aay Of Ct Morn ssa on the
corded + book los 81 Mortgages at
Page BIG tand assigned by said
Mortgagee TO l.. u. Beckmire Of
Treeport. ILL.,. which said assign
ment was dated January ~. 1920.
Of the Register Of Deeds Of the
County Of Bnrlcigh and State, OF
North Dakota, on the 9Th day Of
February, 1920. and recorded in
I'ook~139 Of Assignments at page
344l will he foreclosed by a sale
OF the premises in such mortgage
and hereinafter described, at the
front door of the Court House in
Bismarck In the County Of Burleigh
and state of North Dakota. at the
day Of February. 1926 to satisfy the
amount duo upon such mortgage on
the day of sale. The premises de-
scribed in such Mortgage and which
described as follows, viz:
Southeast Quarter Of Sections
Twenty-two (22). in Township No.
One Hundred and Forty (140), No.
Of Range Eighty-one (8D, west of
the 5th i. NJ.
There will be due ON such mort
gage at the date of sale the sum of
Sixteen Hundred and Twelve Dol
lars and Seventy-nine cents,
Dated the 4th day Of January.
1926.
L. E. BECKMTRE,
A Assignee of the fortgagcc.
F.. w. AMES, Mayville. Nj D.,
Attorney for MOrtgagee.
1-4-11-l8-26; 2-1-8
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Restrictions on
d Rubber Shipments
Will Be protested

Washington, Jan. lf.--t--A world
wide protest against restrictions on
crude rubber shipments from British
colonies is to be made by organize
tons in % countries, including Great
Britain. Ernest Smith, general man
agcr Of the American Automobile as
sociation,s told the house commerce
committee today when it resumed
hearings on the subject.
British manufacturers and automo-
tive organizations. Mr.. Smith said,
have insistently requested relief from
increased prices in that country. He
contendcd that there was danger in
use of tires containing reclaimed rub
her
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
NONPARTISANS
NAME DELEGATES
TOCOUNTY MEET

Precinct meetings were held in the
various wards of the city of Bis
marck Saturday evening by members
Of the Nonpartisan league, and dele
gates to the county convention were
elected. The county meeting will be
held at the court house in Bismarck
on Wednesday, January q.
Through some misunderstanding
no meeting was held in the first pre-
cinct of the first ward, and conse-
qucntly no delegates were named for
that district. These will likely be
appointed later. Other delegates
were named as follows:
First ward, second precinct-M H.
Chernich and Mrs. L. A. Cram.
Second ward, first precincts. ].
King and James Curran.
Second ward, second precinct-Al-
fred Dale, L. J. Wehe and Frank
Smith.
Third ward, first precinct-C. G.
Boise, B. C. Larkin, Mrs. C. D. King
and Mrs. Thomas Lauder.
Third ward, second precinct-Rob.
ert Yeager, Albert Washington, John
Jochim, and S. S. Mcdonald.
Fourth ward-Matt Pliiam, Mrs.
Matt Pillam, Christ Nelson and Paul
Whitman.
Fifth ward-J. H. Calderhead, Mrs
c. c. Hibbs and Beecher Stair.
Sixth ward, first precinct-M. j
O'Connell, Mrs. J. w. Scott and Don
aid Nye.
Sixth ward, second precinct. p.
Heltemes and Chas. Anderson.
Precinct meetings were scheduled
to be held in every township of the
county Saturday afternoon to elect
delegates to the county meeting, but
It will probably be some little time
before the names Of the delegates
from the country precincts will be
known, according to Mrs. Ella G
Boise, SECRETARY of the Burleigh
county Nonpartisan executive com
mittee. The result of the meetings
in each precinct will be certified to
the Spcretary
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
STATE TAKES 18TH PLACEM
! / NATIONALS TO TOTALyALUE OF
ALL ITS CROPS DURING 1925

Grand Forks, N. D., Jan. 11.-LP)--
North Dakota attained 18th place in
the United States in 1925 for it's
crops, whose hypothetical value has
been placed by United States officials
at $278, 722,O 900, according to data re-
ceived at the office Of II. 0. Her.
GRANDSON, agricultural statistican.
Farm crop valuation in 1926 for
y crops was 85.4 per cent of the
1924 valuation for the same number
of crops. The hypothetical value of
all crops in 1926 was 1885 per cent
that of 1924, the report indicates.
Based on the 1926 farm census,
which listed $1,000 farms in North
Dakota, the average value of crops
on each farm in the state was 49,,
G69.0l.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Martineau, Grid
Star, Is Married

Minneapolis, Jan. 1l.-lR- Earl
Martineau, captain of the 1923 Uni
versity of Minnesota football team,
and all-American star, was married
to Miss Margaret Simpson Of Mime
apolis Saturday, it was announced to-
day.
Miss Simpson was student at the
University Of Minnesota, where she
met the football star.
Since his graduation last June.
Martineau has been coach at the Nor
NAL school at Kalamazoo, Michigan,
where the couple will make their
home.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Chicago Man Gets
Air Mail Contract

Washington, Jan. 11-L4)-Thc con.
tract for the Chicago, Milwaukee-La
crosse-St. Paul-Minneapolis air mail
route was awarded today to Charles
Dickinson Of Chicago.
Dickinson was The lowest bidder for
the contract, proposing to carry the
mail at AZ per cent of the air mail
postage. He will be ready to begin
service as soon as the landing fields
can be prepared.
A formal contract must be executed
within 30 days before service can be-
gin. Dickinson has three planes in
readiness. The service will make con-
nections with the transcontincntal
and overnight air mail services in
"neration between New York and San
Francisco and New York and Chicago.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11

championship here Thursday night, it
was announced today.
Mclean arrived today from Milwau-
Eec. where he established a new
worlds record of Al seconds flat for
500 meters. The former mark was
AZ 2-5 seconds. made by Oscar Mathie-
son of Norway, worlds outdoor cham
pion.
The distances at which McGowan
and Mclean will skate Thursday
night will be determined at confer.
encc this afternoon.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11

Washington, Jan. 1l.--tR)- Repres-
entative John W. Langley Of Ken
lucky, convicted of participation in
q conspiracy to violate the federal
prohibition law, was denied an appeal
today by the supreme court.
Unless he can obtain from the
court a rehearing, he must begin
serving his two years sentence in
the Atlanta federal penitentiary.
The refusal of the supreme court
to review the case will be followed
within day or two by q formal or
der under which the circuit court Of
appeals at Cincinnati may order the
commitment Of Langley to the Allan
tn prison. 1t will not be necessary
for the circuit court Of apDealS TO
defer action pending development Of
Langlcy's next move.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
MONDAY, JANUARY II, 1926

At $3.50 this afternoon It was be-
lieved that the drive in the city was
about two-thifds completed, and
would be finished before night, ex-
cept in cases where the person sd
licited was out Of the city or must
be visited At his home.
The membership campaign will be
extended to the country districts lat
err.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
SectiOn Three
Of Trading Act
Declared Void

w ashington, Jan. 1.-t<1 Section
tree Of the federal future trading
- Of 1921. taxing certain transac-
TINS in grain, was today declared
M "a and pnconst itutional BY the su-
eBle court.
L ~ n section three which imposes .
III 81 20 cents on each bushel in
IN ved IN transaction known - ~pri-
III ,eeoe. Abtd1,s AoAets." "puts and
e5lI))1. & IN slnnit L. or pps and
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
RECEIVES PROMOTION

Hugh Percy, in charge of the Sal
walton Army post in Bismarck, has
received word from the divisi onal
commander in Fargo of his promo
ton from the rank Of Adjutant to
that of Commandment, the promotion
to take effect January "a.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
7NOTICE OF MORTGAGES FO915E
CLOSURE HA1.E

CLOSURE SAIB
Notice is hereby given that GER
tain mortgage executed and deltv-
cred by II. c. Higgins and Alice Il.
First National Bank Of Washburn.
No. OAK. a corporation, mortgagee,
dated the. Gath day of April. 1929.
and filed for record in the office Of
Register of Deeds of Burleigh Coun-
ty. North Dakota. on the 26th day
recorded in Book ia of Mortgages.
on page 308, will be foreclosed by q
sale Of the premises in such mort
gage and hereinafter described at
the front door Of the court house
County, North Dakota, at the hour
day Of January, 1926, to satisfy the
amount duo on such mortgage ut
the date of sale. That the premises
described in such. mortgage and
same are those certain premises &it-
uated in tho County of Burleigh and
State Of North Dakota. and de-
scribed as follows, to-wit:
Lots One 81. Two so. Three t3).
@, Eight eO. Nine 90. Ten lioj.
Eleven ID and Twelve C12l of
Block Eleven (Blk. ID In baldwin
Townsite. according, to plat thereof
Of record in office of Register Of
lat there win be due on such
sum of $30O6.20, principal and in
terest, and. the statutory attorneys
fees and the costs of this forcclos-
ure.
FIRST NATL BANK,
Washburn, No! Oak,
Mortgage.
r.. T.. RI!RKE,
Attorney for MORTGAGE.
FOstoffice address,:
Eiamarck, No. Oak.
12--142l-28: 1--4.ll-18
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
FORD'S AIRPLANES TO SERVE FL ORIDA.

Four all-metal Stout monoplanes,
built by Henry Ford, left Detroit in
zero weather for Florida, where they
will inaugrate commercial passen-
ger and freight service between va
rious resort cities. Upper photo
shows one of them designed for the
passenger trade, just before taking
off. Left, Henry and Edsel Ford
are watching preparations for the
flirht
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
APPEAL !.
DENIED--HE MUST
SERVE SENTENCE
LANGLEY RESIGNS.

Washington, Jan. 11.-tP)-
Representative langley, Republic
can, Of Kentucky, resigned his
seat in, the house today after
the supreme court had refused
to review his conviction for VIC.
latiOn of the prohibition law.
The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1926-01-11
Last Minute
News Bulletins

Washington, Jan. 1l.-(R-
Expenditure Of ST, 000, 900 to re-
place the strOyed dirigible
Shenandoah was proposed today
in q bill by Chairman Butler Of
the house naval committee.
Shanghai. China, Jan. 1l.-(A
Reports from Japanese sources
in Mukden say that Marshal
Chang TsO-Iin, military ruler
Of Manchuria, has announced
that Manchuria has severed it's
administrative relations and oil
communications with the Peking
government.
Mexico City, Jan. 1l.-R)-
Special dispatches from Topic,
in the state Of Nayarit, report
that the bodies of 500 persons
have been recovered in the flood
ed region in the neighborhoOd Of
Santiago, Ixcauintla. The dam
age done in this region by the
flood waters was very severe.
The waters are subsidfng.