The Ely miner. [volume] (Ely, Minn.) 1895-1986, 1934-04-27
So PER YEAR IN ADVANCE.
IMPORTANT COMMERCIAL CLUB
SESSION TUESDAY EVENING
Bankruptcy Matters CCC Headquarters Subjects
Come in For Discussion by Members; Chicago Outdoor
Exhibit is Arranged For.

The meeting of the Commercial Club
on Tuesday evening proved to be q
very important one. Besides taking In
four new members, much business was
disposed of and the ground laid for
other measures that will mean much for
the club and the city in general.
The report of the advertising COM
mittee and the resort owners who met
on Monday evening to talk over the
exhibit at the Chicago Outdoor Show
next week was presented. The COM
mittee recommended that the exhibit
be made. The Tower Commercial Club
and the Arrowhead Association viii
assist in the exhibit. The prospects are
that Ray Hoefler, R. G.. Watts, Gus
Carlson, Wally Hanson, Frank Zgonc
and two more not yet named will be in
charge.
E. w. Hanson spoke on the loss to
Ely caused by the removal of the
Western Superior Sub-diStrict CCC
headquarters from this city to Roches-
ter. While the Office will return In
October the business which formerly
came to this city now goes to Two
Harbors and Hibbing Notwithstanding
the fact that camps on the Echo Trail
and the Ely-Ffnland road are within
city and in several cases over a hun
dred miles from Two Harbors and Hib-
bling. He cited the cases of men dis
charged which were transported from
the camps near Ely to Two Harbors and
Hibbing for pay and transported to
Fort Smelling the seat of enlistment.
Earl West brought out the value of
fur farming and suggested that the
Club interest some of our farmers in
the matter as side line during the
months when not so busy on the farm.
Mr.. Vests remarks were well received
and his talk was filled with interesting
facts and figures.
Anton zbaSnik, secretary of the
South Slavonic Catholic Union, spoke
on the viSciousness of the municipal
bankruptcy act now before the senate
and already passed by the house. MIR.
zbasnik brought out the fact that
should this bill become a law the in
veStmentS of insurance companies,
banks, trust companies and other large
bondholders of municipalities, hereto
fore considered the best security in the
country, would be wiped out completely
causing the crash of many of the in
vesting companies.
Discussion followed after which the
legislative committee, A. w. Nelson,
Fred B. James, A. j. Thomas, L. M.
Bang and Anton zbasnik were in
structed to investigate and given full
power to act. The committee will get
busy at once and probably wire the
unanimous protest of the Club to the
passage of the measure.
Along with the interesting matter Of
the municipal bankruptcy act as spoken
OF heretofore, the subject of the large
number of bankruptcies of laboring
men in Ely during the past few weeks
came up for discussion. It was the
unanimous opinion of those present
that the merchants and professional
men should get together and see what
could be done about it. President Carey
named committee composed of Chas.
Smith, Louis Kompare and Ed. C.
Jones to get together with the mer-
chants and try and work out some
method beneficial to both the men and
business men to arrest the epidemic Of
bankruptcy filings fostered by outside
legal interests.