davidaulloa/AmericanStories huggingface dataset:
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-07-15
TOTAL LIABILITIES
AND CAPITAL. /.

On June 80, 1887 the required
legal reserve against deposits of this
bank was $23,080.45. Assets re-
ported above which were eligible as
legal reserve amounted to $57, 392.57.
Deferred obligations not included
among above liabilities, which are
subordinated to claims OF depositors
and other creditors 100000.
(b) *This banks capital is represent
ed by $14,925.0O capital notes and de-
bentures sold to Reconstruction
Finance Corporation and 1000 shares
Of common stock, par $500 per
ahara.
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-07-15

TOTAL LIABILITIES
EXCLUDING CAPI-
TAI ACCOUNT lex
cept deferred obligations
shown in itend 81 which
are subo r d mated to
claims Of depositors and
other creditors) $50. $3.50, 3O9.7S
Capital account:
(a) Capital stock
and G a ital
notes and
debenturess 39,925.O0
(b) Surplus. 5,575.O0
(c) Undivided
profits. -. 16,37S.3S
(d) Reserves 3,280.05
lei Total capital account 65,15s.ss
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-07-15

I John w. Hager, Cashier OF the
al,ove-nanred bank, do soaemn!y
wear that the above statement u
true. and the Schedules on the back
Of this report fully and correctly
represent the true state o. rns ~,
eral matters herein contained and
set forth, to the best Of my nowl-
'us' JOHN W. HAGR, Cashier.
Coyrect-Attest:
D. A. DeLASHMUTT,
A. A. MOXLEY,
BRADLEY M. WOODFIELD,
Directors.
State Of Maryland Caty Of Ia.
cmC-r IN and subscribed before me
th;s fsth day Of July, 1881.
7 I!NsLIp WooDFTrLD, Notary Public.
NV Commission expires May j, iSSS;
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-07-15

MEMORANDA
Pledged assets Except real
estate), rediscounts, and
securities loaned:
(b) Other assets Except
real estate) pledged
to secure liabilities
(including notes and
and bills rediscounted
and securities sold
under rep urchase - -
agreemeut) ......, 2S,1oo.4o
10, TOTAL 49,. $2s,2s6.45I
Secured and preferred
liabilities:
(a) Deposits secured by
pledged assets pur.
Of law ...... 9,434.N
10, TOTAL $9,434.47
Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1937-07-15

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The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

be in any particular wrong, let 1t
be corrected by an amendment IN
the way which the constitution
designates. But let there be no
change by usmpation; for though
this, in one instance, may be the
instrument of good, it is the Gus
tomary weapon by which free
governments are destroyed"
Washipgton's Prayer For Us.
"That heaven may continue to
you the choicest tokens of its
beneficence: that your union and
brotherly affection may be per-
petual; that the free constitution,
which is the work of your hands,
may be sacredly maintained; that
it's administration in every depart
ment may be stamped with wis
dom an dvirtue; that, in fine, the
happiness of the people of these
states, under the auspices OF lib
erty. may be made complete by
so careful q preservation and so
prudent use of this blessing as
will acquire to them the glory OF
recommending it TO the applause,
the affection, and adoption OF ev-
cry nation which is yet a stronger
to it."
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
NEEDLESS DUPLICATION

In a plea for reorganization and consolidation
of federal bureaus, Senator Byrd of Virginia, re-
Gently points out some astonishing instances OF
duplication and overlapping.
For example, at least "a agencies have been Gre
ated to deal with lending government funds, ana
five similar agencies are now in liquidation.
At least three agencies have been concerned with
insurng deposits and loans.
At least 10 agencies have Seen concerned with
government construction.
At least nine agencies have been concerned with
credit and finance.
At least ~ agencies have been concerned with
home and community planning.
At least 16 agencies have been concerned with
wild life conservation.
So it goes, down a long list. Every one OF the
purposes for which these agencies have been cre-
ated may be beneficial and legitimate, cut certainly
there can be no excuse for setting up 20 bureaus
to do one bureaus job.
Nor can there be any excuse for permitting ou-
reaus to grow unchecked and to eat up tax fumes
in unimagnable quantities.
Senator Byrd also points out that one bureau has
IS addresses in Washington alone
Untold millions of public dollars are thown away
annually through duplication
Congress can have no excuse for failure to adopt
at once a reorganization plan such as the president
recently proposed.-Greenville Piedmont
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
WHAT'S THE DIFFERENCE BETWEEN
FEDERAL AND STATE JURIES?

Through it's advocacy of federal antriyhchihs
law The Richmond Times Despatch has, naturally,
been rather widely acclaimed by contemporaries Vi
the North and East. .g Ira
That newspaper is to be credited with integrity
of conviction on this point. s" '"..t 80 Cd
1--WE do not share its view. Few other southern
newspapers do.
1t is surprising that our Richmond friend should
promote such an idea.
Virginia has an anti-lynching law which would
seem to be working admirably
At any rate there hasn't been lynching III
Virginia since that law was put on the DOCKS ny
its legislature 10 years ago.
Other southern states also have similar laws Out
occasionally there is lynching of negro never
theless 1t is this which moves our contemporary
to advocate the proposition of turning the JOB over
to the federal government.
II seems to think that the federal government
can avail where state governments fall down.
The view of course, is that it is often dlflcult
in the South to find the necessary unpreJudced
and vire public sentiment which will move the OIL
fcers of the law and the courts in experimenting
and properly Furnishing those guilty of this CRIME
Juries, they say, often share this general lndif-
ference to enforcement when negroes are lynched
for the usual crime for which they are sometimes
summarily put to death.
But would not federal juries in southern states
be drawn from the same citizenship from which
iuries in state courts summoned TO serve IN
these cases?
And if iuries in state courts too indifferent
to their duty to convict the guilty, why would
jures in the federal courts, coming from the same
territories and imbued with the same indifferent
sentiment be any more apt alert in facing their
We don't catch the drift of any argument to the
Observer.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
HE SERVED HIS FELLOWS

A native of far off Australia, but for
more than half century resident OF
Henderson county, Prof. 7. w. Valentine
was a we'll known figure in the life of this
community and section for several dec
AIDES. As newspaper man and school
teacher he made contact with large num-
Der of the adults and youth of the town
and county.
Prof Valentine was 4 man outstanding
for his culture and large store of historical
information as well as knowledge OF pres
ent day affairs and men. He was genial
and friendly, but also modest and quiet IN
his demeanor; in later years always, APP
parently, content to meet his obligations
and duties with earnestness and efficiency,
to perform the service professionally re-
quired by his connection with the public
school system, and pursuing placidly his
reading and studies and the mental pro-
cesses characteristic of a man of philo-
Sophical bent of mind.
For several decades Prof. Valentine had
filled the position of local weather observer
anu hcSpCI VI "SalASi iSNVA 10 AoA shN I'M
eral department, and he was an authority
of note on this subject of common CONVEX
sation but little understood by the average
person. Studying the weather and keeping
the records of local conditions was diver
sion which supplied Prof. Valentine with
an outlet of vast interest for the exercise
of his talents.
In addition to the large number of resi-
dents of Hendersonville and this section
contacted and influenced years ago in the
newspaper business, Prof. Valentine had
in later years been factor in training
hundreds of boys and girls as teacher in
the Hendersonville high school. The affec-
ton and esteem of these pupils, many of
them now grown to manhood and woman
hood, was highly appreciated and cher
iShsd by Prof Valentine. He was deeply
interested in his boys and girls, not merely
in mparting knowledge of the prescribed
courses to them, but in inspiring in them a
love of general knowledge, culture, high
ideals and in inspiring them to be good
citizens.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
CARRYING LOGIC TO LOGICAL ENDS

Citizens of the little incorporated town of Wa
gram in Scotland county have forwarded resolu-
ton to the General Assembly requesting that body
to honor their wish and will to remain dry if and
when Scotland county votes on the question OF
liquor stores and, of course, in the event that the
majority of the voters of the whole county elect
to have such stores.
How is the legislature to refuse to enact such
a measure designed to effectuate the will of this
small chartered unit of government?
1t has already ordained that it would be unwise
to allow the state as whole to vote on this ques-
ton on the ground and theory that the decision is
a matter of local determinations matter speci-
fcally, for the individual counties.
And on that assumption, it is equally q matter
for the town of Wagram, holding the sovereignty
of local self-governing unit in the sef-governng
unit of Scotland county
What is the legislatures answer to the question
of whether it will permit its own logic to be car
ried to logical conclusions Charlotte Observer.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
NEWSPAPERS OPINIONS
ANOTHER FUNDAMENTAL

Another one of the fundamentals that the Amer
eanpeople must eventually realize is that the ma
tional debt, the obligations which they shoulder,
will pot and cannot be reduced by mere shifting
of figures which involves only so much book-keep-
ing legerdeman.
That has been the procedure of the administra-
ton sn whatever budget assurances it has put out
Emergency expenditures are separated from regu-
lar expenditures and justified accordingly. They
are to be eliminated gradually, told and
the Regular governmental set-up is what really
counts in the art of budget balancing. Maybe so;
but what the difference makes in total obligations
and the strain to which the taxpaying public is sub
iectd in meeting them somehow does not register
here,
TIE differentiation becomes all the more per-
picking, if not impossible, in the continued urge to
make agencies which were established in the name
of the emergency permanent governmental services
and functions in the recovery period; and with
that the advocacy of additional supervisory and
regulatory federal bodies grows apace. Juggling or
shifting figures is totally beside the burden,hs
point ----- @f'NF ~ -s-----.--~-.
Specifically, We, have, in painaI SSesrftary Of tbs
Treasury MOrgenthau's proposal tP Utilize Social
secu}ity payments, estimated to reach the syand
total of SAT 900 900 900 in Che not very far dis
tant future for absorption of the public debt. Gov
ernment securities which now choke bank vaults
woul be bought back with the social security fund,
which midd you is footloose and fancy-free so far
as IT'D use by Washington custodans is concerned,
and the ownership of the nations obligations thus
transferred to the backs of the $4,000 900 wage
earners participating in the security program.
While arguments may rage as to the financial
moral or political soundness of that procedure,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
A VOICE FROM THE GRAVE
By YICKES WAMB0LDT

of the existing constitution of a
country: that facility in changes,
upon the credit of mere hypothe-
sis and opinion, exposes to perpet-
ual change. from the endless va
riety OF hypothesis and opinion"
Says Vigor Is Essential =
"And remember especially that
for the efficient management of
your common interests, in q coun-
try so extensive as ours, a gov
ernment Of as much vigor as Is
consistent with the perfect secur-
ity of liberty is indispensable. Lib
erty itself will find in such gov
eminent, with powers properly
distributed and adjusted, it's sur
est guardian. 1t is, indeed, little
else than a name where the gov
ernmeat is too feeble to with
stand the enterprises of faction,
to conRne each member Of the
society within the limits prescrib-
ed by the laws, and to maintain
all in the secure and tranquil en-
ioyment of the rights Of person
and property"
Preserve Checks and Balances.
"The necessity of reciprocal!
checks in the exercise of political
power by dividing and distribut-
ing it into different repositories,
and constituting each the guard
ian of the public veal against in
vasions by the others, has been
evinced by experiments, ancient
and modern, some of them in our
country and under our own eyes
To preserve them must be as nee
esSary as to institute them
Beware of Usurpation.
"If in the opinion of the peo-
pie, the distribution or moditlca-
ton of the constitutional powers
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
THE LARGER ISSUE IN NEUTRALITY

The big issue in the Forthcoming neutrality bill
which congress will consider pvots about the point
as to whether the president will be given abso-
lutte mandate to keep the hands of his government
out of foreign entanglements, whether he shall
have discretionary powers.
The administration does not want mandatory
legislation. The president feels that his powers
should be elastic
In general, the administration takes the position
that mandatory neutrality action should be kept
down to a minimum, because war conditions vary
tooS markedly to be susceptible of uniform treat!
E9yspstanee, anr inflexble "cash aud carry
policy would always help Great Britain against an
eppponent. and heavily armed nation against one
which had kept aloof from the mad race in aru,a-
ments.
The other camp says that with the best inten-
tons an the world president might be hoodwinked
in formulating policy toward European war,
and that the United States was drawn into the
World war because Woodrow Wilson used disere-
tionary powers unwisely.-Charlotte Observer.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
THE N T. w D e "A l.
IN WASHIN Ct O N
by RODNEY BUTCHER.

for half q dozen more Senate votes
for court reform now.
But if the president can't gel
the liberals all lined up with him
in some such manner, there is the
more unpleasant possibility he will
win oy trading judicial patronage
with political machines atd ma
terialiStic senator's.
ROOSEVELT is all set to be
IL ruthless. If he finds it neces-
sary, the pressure applied to in
dividuar members will be heavier
than anything they previously
have encountered. And the bait!
dangled before undecided men,
bers will be correSpondingly more
tempting.
The Roosevelt record on APP
pointment of federal judges isn't
pretty and it may become fan
worse. AS the bill now stands
the president conceivably might
have as many as dozen appoint
ments to S20,000-a-year jobs or
the supreme court, about as many
circuit court justiceships at $4,000
and even more district judgeships
at $4,000. New judges must be
confirmed by the Senate, but fed
eral Judges are a recognized item
of senatorial patronage.
..-., .....
THIS prospect is not savory. But
l. remember that the great John
Marshall was packed" into the
supreme court in the last month OF
President John Adams term sc
he could obstruct the liberal pro-
gram of the incoming Jefferson,
Grant appointed two new justices
only after assurances of support,
Theodore Roosevelt accepted Oil
YER Wendell Holmes only after be-
ing assured Holmes would be SYM
pathetic to his program. Few
persons believe Herbert Hoover's
appointment of Chief Justice
Hughes had nothing to do with
Hughes campaign speeches for
Hoover in 1923.
! tCopyrirht. 1891 NEA S"rvic" Inc
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
ny RODNEY BUTCHER
~, S.rxIc. stan Correspondent

Observation-Disclosures strong
w opposition which has arisen
against the presidents supreme
court reorganization plan-Some
of il in quarters where 1t WASH
an,icipated-there is still plenty OF
reason 10 believe the measure VIII
pass the Senate as we'll as the
House.
Roosevelt himself is confident.
His pride and prestige are in
volved as never before in d legiS-
lative fight. He is ready, accord
ing to those who have talked with
him, to be "as tough as it takes"
THE worst blow the administra-
l. ton has had was the refusal
Of such undiluted liberals as Sem
ators Norris of Nebraska, and
Wheeler of Montana, to fall in
line behind the plan to appoint adj
ditional justices to the supreme
court when justices over 70 fail to
retire. The liberals inside and out
side Congress are split. Senator
LaFollette of Wisconsin leads the
contingent Of Senate progressives
standing by Roosevelt. Roosevelt
did not expect this split. His
emissaries are urging the wan
dering ones not to fight the battle
Of the Republican party and the
American Liberty League.
~ Dissenting liberals nearly all
favor a constitutional amendment
to achieve what Roosevelt hopes
TO get by a short cut. The one
proposal behind which seekers OF
an amendment are getting TO-
gether, calls for a congressional
veto over the supreme court
Even if a two-thirds vote to up
set supreme court decision as 10
constitutionality were required
this plan would involve a much
more vital transfer of power and
upset of fundamental government
pattern than the proposal Of the
president.
. Roosevelt will promise to sup
port such an amendment in return
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

ly that you steadily dlscouhte-
nance irregular oppositions to its
acknowledged authority, but also
that you resist with care the Spir-
it of innovation upon its prlncl-
Piles, however specious the pre-
texts"
Warns Against Undermining.
zone method of assault may be
to affect, in the forms OF the
constitution, alterations which will
impair the energy of the system,
and thus to undermine what can
not be directly overthrown."
Make Haste Slowly.
ain all the changes to which
you may be invited, remember
that time and habit are at least
as necessary to fix the true char
acter of governments as Of other
human institutions; that expert
ence is the surest standard by
which to test the real tendency
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

will content ourselves with asking howit reieves
or eurtails the national obligations, reduces the
burden upon the treasury or even, as the easy
way discourages spending? Maneuverins wi'h Sueh
a huge fund, in which the American working pup
lies hope for comfortable old age is wrapped up
is dangerous, exceedingly dangerous, business
Greensboro News
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
TRAFFIC TROUBLES GROW

YUBA CITY, Cal. (UP(-For
Henry Helsem traffic violations,
like troubles, never come slngly.
While he was writing out a ticket
for man who had been speeding
at 50 miles an hour, minor trail
fic violation occurred across the
street and while he was inveStl-
eating that the first violator slip
ped away.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

we s h o u ] q do
well to ponder
certain earn e S t
advice left us by
George Washing
ton in his i'm
mortal Farewell
Address. Listen:
Cautions Against
Innovations.
Coward t h e
preservation o I
your government
and the perma-
nency of your
happy state it is
ran,iiSitp not on
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
THE OTHER SIDE
Civic Treatment of The Sunday
School Lesson for Feb. 81.
John IL: LA.
TAKE YE Way THE

stone" How wildly this brings
to mind many stones, obstacles,
in the path of progress! How huge
and how numerous are the bar
riers that loom up before Us as
individuals, organizations an d
communities John 1880.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
WHEN JESUS REACHED THE

grave Of Lazarus Tor The purpose
of restoring life after he had been
dead four days, his command TO
the by-standers to take We away
the stone" that closed the grave,
set or emphasized a principle OF
cooperative endcavor that has lIv-
cd for 1000 years and that forms
the basis today for highest COM
munity endeavor oversees 80, 30).
What challenge when we are
requested, told or expected to do
something as q part in an unusual
accomplishment (versc Al!
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
SALESMAN SAMPLELESS

DOVER, o. (UP)-While Ar
chic Domer, brush salesman, was
delivering goods to a customer
thieves broke into his automobile
and stole his samples.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

At this time when our whole
nation is giving serious thought to
our constitution, its relation to
us and our relation to 1t,
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22
BIBLE THOUGHT
INTERcESSoRY PRAYEI

For this cause, we also do not Sase to pray
for you.-Colossians 1.9.
What wonders microscopy prayer has wrought!
Believer thou hast mighty engine in thy hand!
Use it we'll use it constantly, use it with faith, and
thou shalt surely be benefaetor in thy brethren!
C H. Sturgeon.
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

SELF-HELP is TIE PRiN-
ciple by which bcncfactors are Of
ten governed in making worthy
gifts. Even the federal govern
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

mcnt is employing II ~
security work. Won ~ ~~N
is the significant mys,,. ,.', IN
county and city. Tai, 90,
the stone" of commrn.,yy r. !, "a
enee to the social wclf... @G:!a re.
peop.!c: help-coopcl...s,..y q n,'
Washington officially s,y, "a
WHAT CoMMuvi-
there that doesn't 10y n
stones STANDING m n.. "'D u.
onward march? }..,. '"y q ,
such stones. Study 4. r.. - Z
projects. .'' i.,Q,
Civic orgarization, .,
are today rcmo,,n, -. !a,-,.
that stand ~ barrie. D.. Il Has
munity's create acg6mpr,g. -.
such remova!s im a.a i. =,
mun!ly. Such ag..."- ..., n.y. y
citizenship. -,
The Jews mich
ykeptical as to the u.,.. z
they moved the s,... 20
grave but their ng.crra. .O- Z
them mach satis.ac,... ... "a
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

There is one year when the cold did not get
estronger as the days began to get longer
The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1937-02-22

TWO thousand years ago, mys-
terious Hindu tribe. called
Khmers, left India and invaded
Cambodia. in Indo-China. In the
sixth century they began building
cities. palaces and temples, rising
to the summit of their ability in
the capital city of Angkor-Thom.
which they set up about $50 A: D.
Somehow. this race disappeared
and many Of their cities and tem-
Piles with them. Some temples
fell into ruins. The jungle spread
over them and so protected many
magnificent examples Of Khmel
art against tsesx ass.sssEs Nss
Today, FfefHnsR sfSkeol6Bist
guard the ruins of Khmer civiliza-
ton, one of the most significant
being the city of Angkor-Thom,
The stamp shown here, issued by
Indo-China in 1928, shows one
of the five huge gates to this an
Gent city, four Of which marked
the points of the compass, while
:--,.,1SG the fifth led di-
GNfS{T&; rectly to the pal
his 9SN3 ace within. Roads
III saNl E from the four
,HSA gates converge6
l-lAooeAlAEE: to the mighty
@.AA'AA-...~-..-i, temple Of Bayou
fcoDYrlrht. 1897. NEA Service. lnc.I
, ~ -'tAfsslsa -, 49,, ,sss;.lA