davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16
Sylvia Braunger and
Victor j. Iffert Wed

Morgan-A pretty autumn
wedding was solemnized at st.
,Michaeps church September z
when Sylvia Braunger, eldest
daughter of Mrs. Katie Braunger,
become the bride of Victor j..
Iffert, son of Mr.. and Mrs. Joe
Iffert.
Rev. N. Gerstl read the ring
service and the wedding march
was played on the pipe organ by
Sister M. Frances.
Attendants were Joseph Iffert,
brother of the groom and Miss
Anna Braunger, sister of the
bride. The bridesmaid wore a
shell pink triple sheer dress,
made ankle length, with shirred
crepe trimming the round neck
line. She carried a bouquet of
light pink flowers with streamers
of pink ribbon and shower OF
white roses.
The bride wore white satin
ankle length gown with a Spanish
lace yoke and a round standing
collar. White satin buttons trim
med the dress. She carried a
white prayer book with white
satin streamers and shower of
white roses. Her long veil of ill
usion silk was trimmed in wide
silk pointed lace.
After the service wedding
dinner and reception was held for
members of the immediate famlil-
les at the home of the brides
mother. Later in the afternoon
the couple went by car to st. Paul
to attend the state fair.
They will make their home on
a farm near Sacred Heart.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16
SWARD-KEMP DRUG co.
Drugs at | ow Pnces

Mrs. Jesse Posi- of Glencoe was
here to spend the weekend with
her mother Mrs. William Field:
DR.. and Mrs. E. H. johnson and
daughter 10 Ann motored to Will
mar Sunday.
Mr.. and Mrs. A. D. Wyman of
Vesta were Sunday guests of Mr..
and Mrs. G. L. Crooks.
DR.. and Mrs. E. o. Jorstad of
Marshall were callers here Sun
day.
Thomas Hammond of Mime
apolis visited Miss Florence Ham
mond Sunday.
Mrs. John Whitcomb and son
Marshall of Rockford spent Sun
day visiting relatives and friends
here.
Mr.. and Mrs. Melvin Riegel and
son Richard returned to Pipe
stone Monday morning after a
weekend visit here with relatives.
Mr.. ard Mrs. Lester Cox and
son went to Slayton to spend
Sunday with DR.. and Mrs. H. c.
Doms.
A picnic in Ramsey park in
honor of the birthday of Mrs. A.
| J. Coleman was given Friday eve
ming by a group of her friends.
Mr.. and Mrs. Ed Dunlevy ST.,
Mr. and Mrs. E. L. Dunlevy and
family went to Minneapolis Sun
day to visit Mr.. and Mrs. E. j.
O'Brien.
MIR. and Mrs I. M. Stensvad
were business visitors in Mime
apolis Monday. Returning they
were accompanied by Irene Aune
Walker who spent the day with
her sister Miss Eleanor Aune.
Mr.. and Mrs. r. w. Whyte had
as dinner guests Sunday, Mr.. and
Mrs. Art Smith, Mr.. and Mrs.
James Fedderly of Yakima,
Washington and Mr.. and Mrs.
Douglas Whyte of Sleepy Eye.
John Baldelli, instructor of
music and mathematics at the
Milroy high school visited his
sister Miss Mary Baldelli Satur-
day and participated in the
schoolmen's golf tournament.
| Kenneth Kleaver returned
Thursday from Taber, Alberta
after spending the summer at the
farm home of his uncle Sidney
Price.
Mr.. and Mrs. E. E. Grams of
Montevideo, Mr.. and Mrs. Theo-
dore Grams of Echo and MIR. and
Mrs. L. H. Grams of Lucan visit
ed at the DR.. E. H. johnson home
Tuesday afternoon.
Mr.. and Mrs. George T. Freyer
and DR.. and Mrs. w. A. Heintzen
left this week for Milwaukee
where the Heintzens will visit re-
latives. Mr.. and Mrs. Freyer will
60 on to Waukegan and Chicago
also to visit relatives.
Mrs. Walter Palmer and Mr..
and Mrs. Marvin Palmer will
Ispend the remainder of the week
at Spencer, Iowa where they will
attend Clay county fair. Mr.. Pal
mer has a horse entered in the
races.
Mr.. and Mrs. Robert Stewart
will motor to Minneapolis today
to celebrate their thirty fourth
wedding anniversary with Mr..
and Mrs. R. M. Campbell who
were married on the same day.
Mr.. and Mrs. John Colville will
accompany them to visit with
their son-in-law and daughter
Mr.. and Mrs. Jerry House.
Mr.. and Mrs. G. A. Gray of
Claremont and Mr.. and Mrs.
Beach johnson of Washington, D.
c. came Sunday to visit at the
home of their son and brother,
Reede Gray. James Gray who
spent the summer with his grand
parents returned home with
them. They left Tuesday after
noon.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16

Miss Hilda Drusch spent the
weekend at her home at Morgan.
Mr.. and Mrs. Robert Parker
went to Sioux Falls to spend the
weekend with their son-in-law
and daughter Mr.. and Mrs. Wal
ter Blue.
Mr.. and Mrs. Walter King and
son Gordon and Mr.. and Mrs.
Donald King were Sunday eve
ming supper guests of MIR. and
Mrs. Wayne Prindle.
Cards were played at two tab
les at party at the home of Mrs.
Clarence Johnson last Tuesday
evening when group of her
| friends surprised her on her
birthday.
Jim and Steve Inglis, Henry
Jaehning, Logan Foreman and
Palmer Nelson of Mortified left
Tuesday morning on a five days
motor trip to Chicago and Toledo,
Ohio. Il
DR.. and Mrs. Roger Shumate
and daughter Marilyn who have
been spending the summer at the
home of Mrs. Shumate's parents
Mr.. and Mrs. c. H. Whiting re-
turned Sunday to their home in
Pittsburgh, Pennsylvania. DIR
Shumate is professor of political
science at the University/of Pitts
/ burgh.
Mr.. and Mrs. Bert Kleaver
motored to Minneapolis Sunday
with their daughter Miss Bernice
Kleaver, Miss Olive Price of
Chicago and Miss Laura Hardy of
Joliet, Illinois who had been their
guests after returning from a
vacation in northern Minnesota.
During their stay here, they also
visited Mr.. and Mrs. Robert Price
at Wabasso.
The Mite society of the Presby-
terrain church will meet Friday
afternoon in the church parlors
On the refreshment committee
will be Mrs. J. Albert johnson
Mrs. Parker Sanders, Mrs. Frank
Clague, Mrs. w. S. Brammer
Mrs. r. F. Byram and Mrs. J.. p
Linn.
| Miss Margaret Milne came
from Rochester Friday to visit al
the w. M. Smith and D. M. Tiff
fanny homes. Leaving Sunday by
motor for a months visit at her
home at Perma, Montana, she was
accompanied by Billie Smith Jr
Enroute they visited the Black
Hills.
| The Triple Trio, state champ
ions in All music events will SIM
at the meeting of the American
| Legion Auxiliary, Thursday eve.
ming. Mrs. L. E. Cragg will give &
| talk on the Constitution of the
/ United States and new officer.
will be installed. During the socia
hour refreshments will be served
by Mrs. Parker Sanders, Mrs. 81
P. Sanders, Mrs. c. H. Whiting
Mrs. Carrie Smithers, Mrs. Will
lam Schottenbauer, Mrs. r. w
Serkland, Mrs. Ida Reynolds, Mrs
! c. L. Tompkins and Mrs. L. P
/ Winter.
| With the opening of school a:
the theme for the evenings en-
tertainment, the Woman's Club
began the seasons activities Mon
day evening with a social gather
ing at the home of the program
committee chairman, Mrs. w. j
Dunlevy. Mrs. D. w. Gold ano
Mrs. j. E. Greene assisted with
the arrangements. Beginning with
group singing, the ''first day
schedule, included a review OF
preceding work in the form OF
Professor Quiz, questions, wood
work puzzles as seat work ano
the explanation and distribution
of the years programs for the
home work. Light refreshments
4 were served. Mrs. Caroline
Thomson of Window, a former
| member of the club was a guest
Of fto affair
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16
Agnes Anderson and
Rikes Boots Marry

New Avon-A pretty wedding
took place at the Danish Luth-
eran parsonage last Wednesday at
3 p. m. when Miss Agnes Ander-
son, daughter of Mr.. and Mrs.
Emil Anderson of near Wanda,
became the bride of Rikes Boots,
son of Mr.. and Mrs. Henry Boots
of New Avon.
The bride wore a navy blue
crepe silk dress with accessories
to match and carried an arm
bouquet of gladioli. The brides
maid, Miss ,Alvera Anderson,
sister of the bride, wore a tan
crepe dress and carried a bou-
quet of gladioli. The groom was
attended by his brother Frank.
: A wedding reception followed
the ceremony.
Mr.. and Mrs. Boots left for a
honeymoon trip to Illinois where
they will visit relatives at Mon
ticello. On their return they will
reside on the farm of the groom's
father, Henry Boots.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16
Reception Given
for Lucan Couple

Lucan-Miss Isabelle Rae Drew
low, daughter of Mr.. and Mrs.
Herman Drewlow of Wanda and
Lyle William Kramer, son of Mr..
and Mrs. Anton Kramer, were
married September 4 at a. m. at
the Lucan parsonage with Rev.
Pheiffer officiating.
The bride wore a navy blue
georgette gown trimmed in white
lace and corsage of white gar
denlas. Her hat, gloves ard shoes
were navy blue.
Her bridesmaid, Miss Janet
Drenttel, cousin of the bride,
wore a dress of black transparent
velvet with matching hat and
shoes.
The groom was attended by his
brother, Lynden Kramer.
A reception was given at the
home of the brides parents at
Wanda Sunday when the follow
ing were guests: MIR. and Mrs. Ed
Demo and family of LIE Sueur, MIR.
ard Mrs. Wilton Manns and fam
lily, Mr.. and Mrs. Fred Tetzloff
and family, Mr.. and Mrs. Ed
Drenttel and family, all of ST.
Peter, Mr.. and Mrs. William Tetz-
loft of Kasota, Mr.. and Mrs.
Robert Drenttel and family, Mr..
and Mrs. Kenneth Drewlow, all
of Mankato, Mr.. and Mrs. Jake
Thuer and daughter of Spring
field, Mr.. and Mrs. Anton Kramer
and sons of Lucan, Miss Hetty
Drewlow of Minneapolis, Al Sew
! erns of Albert Lea, Ernest Drew
low, Mr.. ard Mrs. Emil Drewlow
and family of Kent, Mr.. and Mrs.
Al Erickson of Henderson, Mr..
and Mrs. Louis Grams and Miss
Louise Bierl of Lucan and John
Redding of Milroy.
Mrs. o. H. Gehrke visited at
the Albert Raduenz home at YES
ia Sunday.
Mr.. and Mrs. Joseph Zeug and
Mr.. and Mrs. Ed Bierl attended
the state fair Friday.
Mrs. Leo Starken (Anita Schee-
LEI of Hinckley and Mrs. Vernon
Dittbenner were luncheon guests
of Miss Louise Bierl Friday after
noon.
Mr.. ard Mrs. Donald Haag and
daughter, Shirley Ann were Sun
day dinner guests at the George
Geisler home near Walnut Grove
Mrs. Minnie Molle of Detroit,
Mich. came Sunday to visit
friends.
Arnold Larsen of Dunno Gen.
ter, N. D. spent Sunday here with
relatives and with Vern and Miss
Muriel Hansen, were supper
guest at the Henry Hansen home
He returned the same evening
with Mr.. and Mrs. TORY and son
who had been in Springfield on
business. -...
Mr.. and Mrs. Emil Kick, Gust
lick and Hugo and Hilda lick
left Monday on a two weeks trip
to Detroit, Mich. and bonneville,
Ill. where they will visit rela-
latives.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16

A boy was born to Mrs. Oscar
Hillger Sunday.
Mrs. William Redetzke is
spending the week with her sis
ter Mrs. August Abraham at
Belview.
With a group of their friends
at their home Tuesday evening,
Mr.. and Mrs. H. S. Aune celebra-
ted their fifteenth wedding an
niversary and We're presented
with a gift.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16
BROTHER DIES

Emil Christensen, brother of
Mrs. F. B. Macs of Redwood Falls
died suddenly of a heart attack
Tuesday afternoon in Clear Lake.
Wisconsin. He had visited here
several times and attended MIR.
and Mrs. Macs silver wedding
celebration last fall.
Funeral arrangements have not
vet been made.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1937-09-16

MIR. and Mrs. E. J. Stephany
will go to Springfield today to
attend the Sauerkraut festival.
Mr.. and Mrs. Jack Hall OF
Columbia Falls, Montana are
spending a few days with Mr.
and Mrs. George Stebbins. Mrs
Hall and Mrs. Stebbins are sis
tiers.
Evening star., 1937-07-24

to deposltors and other creditors OF
these banks that were refused license
to reopen.
The second step taken to restore the
financial affairs of the Nation was to
strengthen the capital structure OF
going banks To achieve this end,
approximately 2,26l national banks
since the banking holiday. have sold
preferred stock in the amount OF
1868 ,960,550 OF this sum the Recon-
struction Finance Corp has purchased
$498 1884 while s65,022 sos has
been purchased locally. One thousand
flve hundred and flfty-three of these
banks have now returned $256,364,- =
IT'S of that amount
THE next problem before the new
controller was the. orderly L.
quidation of all those national banks
that were in receivership. This in
cluded orderly liquidation, as well, for
those banks that had already been in
receivership before the holiday" and
the payment of dividends to de-
positors as rapidly AS possible. The
results here are as impressive as other
facts indicating improvement, for
from the conclusion of the banking
holiday to June 30. 1887, 7O9 receiver
ships have been terminated.
Total disbursements, Including Of =
sstS allowed 70 dspo0tnes and otha1
Evening star., 1937-07-24

creditors Of these 709 receiverships-
exclusive of the AZ restored to SOL
vency-aggregated s238, ,55l ,264 This
represents an average return to de-
positors and other creditors OF 1928
per cent of total liabilities. More
over, unsecured creditors have re-
ceived dividends amounting to an
average of 6587 per cent Of their
claims. The total cost of liquidation
of these receiverships amounted to
7l8 per cent. That is to say, that out
of every dollar collected by the re-
ceivers, nearly SO cents has been re-
turned to the creditors
Under the jurisdiction of the con-
troller there are now in receivershlp
1923 trusts, whose deposit liabilities
aggregated 81, 76O 745,055 at the date
of closing Depositors have already
received 7l9 per cent of the amount
due them sum amounting to ST.
265 TAP, ,755-and the controller In
forms us that additional dividends, 1t
is expected, will be paid in some OF
these trusts.
The controllers Office has sent to
receivers, since March is, 1888, 6,729,-
499 checks for use in payment Of
dividends to depositors and other
creditors Of insolvent national banks
The only way in which a depositor
could get any money in the old days.
vhon . national hank was placed Ia
Evening star., 1937-07-24
New Financial Records Established by Government
Since Banking Holiday Brought Recovery From
Threatening Slough of Despond in 1888.

cial system out OF the slough Of de-
spond Today's facts and figures read
like miracle.
To appreciate the picture better,
a glance backward will serve to re-
call the hopeless situation that brought
on the banking holiday in 1888.
Banks were failing during the nine
year period from 1912 through 1920.
on an average Of eight a year. That
is to say, that IS National banks
failed in this period. And failures
increased from 1921 through 1880,
until there were 1856 failures for this
second nine-year period-an average
of IS year! Things grew blacker
and blacker as we entered 1881. And
in the two years intervening between
1881 and 1888 there were in the
United States l,075 failures-an aver
age OF 358 4 year.
HERE was a situation that Presi-
dent Roosevelt faced when he
took Office March 4, 1898, and 1t was
one that demanded immediate at
tention. The entire banking struc-
ture was threatened by collapsin2
public confidence and consequent
heavy Withdrawals.
BY Presidential proclamation, all
the banks Of the country were closed,
and from March to March is. 1893,
the Nation took a banking holiday"
1t was situation OF extreme gravity
all the banks closed, credit paralyzed,
and public faith in the financial in
stitutions destroyed.
What went on while we were all
holidaying from our periodical visits
10 the tellers' cages? What steps
were under way for restoration. and
what wheels for rehabilitation were
set turning? First OF all. careful
check was made during that holiday
of every national bank in the country,
and only those shown to be solvent
were permitted to reopen. This meant
that at the conclusion of the period,
1,4l7 national and District Of Co.
lumbia State banks were denied
license to reopen.
These banks had deposit liabilities
Of $l,922,6s9 900. What happened to
these banks? OF the number. l,096
with deposits OF $l,772,97 900, were
reorganized under old or new char
ters or were absorbed by other banks;
290 of them. with deposits of $l38,-
100000. were placed in receivership;
and 81. with deposits OF $ll,5l8, 900
went into voluntary liquidation.
Today four short years later. ST..
S44 $4,000. or So.33 per cent Of ths
] amount due, has bean naAds available
Evening star., 1937-07-24

the search for Amelia Earhart. The
same Washington treaty that sank"
the prior Washington and North Caro-
lima diverted the life of the Lexlng-
ton, for she began existence upon the
ways OF the Bethlehem Shlpbuilding
Corp at Quincy, Mass as the battle
cruiser Constitution, having been au-
thorized In 1916.
A similar life history is shown In
the case of the aircraft carrier Sara
toga, which was also converted to an
aircraft carrier on July l, 1922. But
no such happy fate awaited the bat
tie cruisers Constellation. Ranger, Con-
stitution and United States Those
vessels began as battle cruisers, but
they ended in the scrap heap in No.
vember 1928, thanks to the Washing
ton treaty.
The first warship in the American
Navy to bear the designation of battle
ship was the former Texas. the name
Evening star., 1937-07-24

ing with the Washington arms treaty.
She was being built by the New York
Shipbuilding Co. and was officially
known as First Glass Battleship
No. A."
Likewise, there was battleship
designated the North Carolina, au-
thorized in 1868, under construc-
ton at the Norfolk. Va, Navy Yard.
But the building Of this first-class
battleship was halted on February 8,
1922, when she was little over one
third completed. She was sold on
October 25, 1923. and broken up and
scrapped under the terms of the Wash
ington treaty.
The two ships about to be con-
structed will take the place Of these.
Uncle Sam possesses no battle cruisers.
but 1t is of interest to record that
Battle Cruiser No. !" is now the air
craft carrier Lexington, which has
come lately into the news again with
Evening star., 1937-07-24
Bv Lucy Salamanca.

|HE earnings OF 1891 banks in
the United States for 1886 rep
resent gain of more tnan
L 500 million dollars over the
deficit reported by $3.50 banks for
1898. National bank failures are al
most thing of the past. Only nine
national banks have failed since the
national holiday, and only one failed
during the past 2l months, setting
thereby, a record for more than 55
years.
Here are but a few facts serving to
show the almost incredible good that
has been worked in the Nations finan-
cial system since J. F. T. O'Connor,
controller of the currency, took over
the reins and guided bankers and
public out of the welter OF insolvencies,
failures. loss of faith and confidence,
and general financial confusion that
threatened the entire banking struc-
ture in the dark days Of 1888.
This young California attorney. for
mer law partner OF William Gibbs
McAdoo, fell heir TO a task OF such
prodiglous proportions that the re-
suits achieved loom more astonish-
ing from this vantage point of re-
/ stored morale, unprecedented economic
improvement, and general unrav-
cling OF the knots and tangles that
kept whole nation from going ahead
with its knitting a few short years
ago. Practically by its own boot
straps the present controller of the
currency yanked our tottering finan-
Evening star., 1937-07-24

RATTIESHIPS have been built at
navy yards before. The Arizona
was built at the New York Navy
Yard. That yard likewise constructed
the battleships New Mexico, New
York and Tennessee. In fact. the
most famous battleship Of them all,
the Maine, which was sunk in the
harbor Of Havana, Cuba, on February
IS. 1898. precipitating the Spanish
American War, was constructed at the
New York yard.
The California, flagship Of the Bat
tie Force, was built at the Mare Island,
Calf. Navy Yard
There was battleship named Wash
ington, authorized in 1916. but con-
struction Of her, slowed down during
the World War, was stopped entirely
on February 3, 1922, when she was
three-quarters completed. She was
sunk purposely, by explosions and gun
fire. on November IS, 1924, in keep
Evening star., 1937-07-24

Of which was changed to the San
Marcos. The ship was authorized
back in 1886 and was built at the
Norfolk Navy Yard. She was orig
inally classified as an armored vessel.
Her name was changed to the San
Marcos in February. 1911, and she
was used as target and stricken from
the Navy list on October II, 1911.
THE famous old Maine, authorized
also in 1886, was originally CLASH
fed as "Armored Cruiser No. l." But
when she was commissioned she was
reclassified as battleship. An ex-
plosion in Havana harbor sent her to
the bottom and sent Theodore Roose-
welt and his Rough Riders to San Juan
and Admiral George Dewey to the
battle of Manila Bay
Then came the Indiana, the grand
daddy of American battleships of
today. She was authorized in 1890
Evening star., 1937-07-24

recelvershlp and a receiver appointed,
was to wait until the receivers COL
lected the money that had been loaned
out, and had disposed of the proper
ties and securities held by the bank.
As a result. they often had to wait
several years for their money. More
over. it was frequently necessary. un-
far below the actual value of the as
sets in order to dispose of them
quickly In addition, the immediate
calling of loans represented hard
ship to the community.
THAT method of liquidation was
changed. 1t was made possible
for receivers to obtain loans from the
Reconstruction Finance Corp, pledg-
ing some of the assets Of their trusts
as security. The money thus received
was given to the depositors at once,
and the receivers liquidated their as
sets carefully, taking the necessary
time to obtain the best prices and
then repaid the Government Mean
while, the depositors had the use of
their funds. In this way, receivers
have borrowed $685. ,073,2l9 from the
dend purposes, and up to June 80 of
this year had repaid all but $40 433,-
375 of that amount.
Having taken steps to repair the
damage that had been done to the
banking structure, the administration
undertook TO provide against recur-
renee Of similar condition The
banking act of 1888 contained many
progressive and helpful provisions, but
one Of the most far-reaching was that
providing for the establishment Of
deposit insurance, to be compulsory
for all national banks and all State
banks which are members Of the Fed
eral Reserve System. For all other
banks it was optional.
This bill was passed on June is,
1888, and the insurance became ef
fective on January !, 1884. To Or
gani7e the Federal Deposit Insurance
Corp. was tremendous task 1t in
volved obtaining competent ex-
amining force and making examina-
tions of about 5000 banks applying
for insurance
As member of the board of the
corporation, the controller Of the cur
rency was charged with the prelimi-
nary work until the appointment of the
two other directors on September II =,
1888 Thus. it was O'Connor who out
lined the general set-up Of the cor
poration and obtained the approval Of
ths President. Hs obtained from the