The Cedarville Herald, Volume 53, Numbers 27-52

mat fmmA.mmm.tm 1— t M u * iB im C SH I ML M f N fiBK 3 C H ^ ^ f 1 * C B B A I t V I L L E H E R A L D .wwmiwuiui'irtmw ■luifI'lMuMi'ji'diMBMin tiiKjiwfOiiH.«wPj>fi.yuMng i.i'imiminwwi*Mnim'3iuiw»m t hh '. m WNHIM DULL « • w* w MDVfOlt, JUNTO FOB t|8#J0 l l i iiriA«t tkefo t Office, Codarvillo, Ohio, October 81 * 1887 , ' Ml MMHMl ftliM MSttM1* FRIDAY, SEPTEMBER 19 ,1930 ... lull II in nil . f . — ...^ -^ ..^■u^ ui).. I j , ii ..1.^ iu (. 1. ^ , u i-,im .i . . iiL|Hii|iM»PU»Wi, ur-, ... >j.i i i i. j , w »l BANK EXAMINER SHOULD RE CHANGED Them Is « rrowinc sentiment not only In Fayette county where two banks hove failed to keep their doom open, hut else­ where that Ohio should have a new head for the State Rank Department that has charge of the examination of banks.' The public feels something is wrong that state officials have per­ mitted a situation like what has been uncovered to exist. More- — over bankers know that such developments add nothing to building or maintaining confidence on the part o f the depositors In institutions that are trying to keep not only within the laws and rules of banking but good sound business sense. The public is convinced the Daugherty bank was anything but solvent the day it was permitted to open as a reorganized 'institution. I f such was the case the banking department must be held accountable for negligenceior charged with giving in to political pull. There is no one who knows anything about the conditions in Fayette^county but realizes that Daugherty put politics not only in private affairs but everything else with which he had to do. v, , The banking department certainly cannot lay claim that they did not know officers of the bank had borrowed beyond the extent o f safety to the institution. Outstanding “ accommo­ dation notes” was direct admission the institution whs in dis­ tress but the public was given no hint. If the banking depart­ ment is fo r any one purpose it is to give protection to depositors first, last and all the time. The banking department knowingly permitted the Daugh­ erty bank to become the depository for funds from other banks, that had been forced to close their doom, The department hac . the selection Of such depository and the department broke faith with bank stockholders and depositors .of other unfortunate in stitutions when what was le ft of their deposits was put in the Daugherty bank, an institution that evidently was in a worst condition at that time than one or two that had closed previously. Exposure of ^actual conditions by the Cincinnati Enquirer, which sent a reporter, Paul Mason, to cover the bankrupt situa- ’ tion, proved a great blessing to the people o f Fayette count) who had little or no knowledge of conditions. Mason has writ­ ten the best story of the affair that ever appeared in any Ohio metropolitan .newspaper. He has uncovered crookedness that county and state officials were ignoring for only within the last day or so has any action been taken that looked like business or ■ the part of Fayette county officials. Th&Enquirer daily letters disturbed certain politicians but Washington C. H. citizens awoke to the first realization that public sentiment must be aroused that the honor and integrity of the community might be saved. The newspaper reports were shocking to politicians fo r the newspaper trusted neither the telephone, telegraph 01 ..even the Washington C. H. postoffice. Mail was dispatched from neighboring towns and the first story proved a genuine surprise, . Fayette county is paying a terrible price, all of which comes as a result of political folly. Scores and scores of families will liever see the light of day financially, as their entire savings have been sunk never to be found again. Fayette ‘ county patrons to the number of more than six thousand depositors realize the blame must first be put or; Daugherty; who alone owed the institution more tnan fifty thou­ sand dollars and is now jin bankruptcy, but these same deposi­ tors are vehement in their criticism of the Ohio State Rank Department. In justice to depositors of all state banks and trust com­ panies in Ohio there should be one in charge that would hot be subservient to political beck and call and one that shows more ability and courage to Sense a bad situation and correct i t as a guarantee to the millions o f depositors of financial institutions in the state. Never again should it be said that Ohio has a man at the head of the State Ranking Department, who during his term as a member of the legislature found pleasure in carrying out'the orders of the infernal lobby that has fo r years domin­ ated the general assembly. PROHIBITION IS AND IT IS NOT—WHICH? The Republican state platform adopted last week in con­ vention makes no mention of prohibition directly but speaks for enforcement o f all laws. Ohio never before faced the kind of a campaign that will be witnessed this year. The populated cen­ ters are against prohibition and with unemployment and unrest as it Is. neither o f the political parties want to risk prohibition as an Issue. The Democrats in session this week ignored the issue in their platform but nevertheless both parties'Will talk about little else before next November. The platform may state one thing but the candidates will do the talking. ‘ The Republicans had no sooner ignored a plank for prohibit tion than during the speech-making Governor Cooper and Sena­ tor McCullough stressed their stand for it. Counties like Hamil­ ton and Cuyahoga to say nothing of Lucas, Franklin, Mahoning and others will probably go fo r wet candidates. On the Democratic side George White, the Democratic nominee stands for prohibition while Robert Ruckley, candidate fo r Congress was nominated for Senator as an advocate of pro­ hibition repeal. Ruckley is assured of wet Republican support in Cuyahoga county. The fa ll campaign promises to be one of . unusual interest and unemployment, high taxes, tariff and the economic depression will no doubt be swollowed in the noise fo r and against prohibition. We imagine Governor Cooper will ask George White, if he is to support Ruckley, wet, fo r Senator. White, Democratic dry candidate, will retort with asking Cooper if he is to endorse Chester Rolton, Republican candidate for congress who has come out fo r prohibition repeal. Likewise the same questions will be' asked o f Editor White of the Toledo Blade, who was nominated by the Republicans as a wet for congress. Both Re­ publican and Democratic candidates in Hamilton county seek­ ing seats in congress are running on wet platforms of their own. ' Senator McCullough will face similar questions from his op­ ponent, Buckley. Both Republican and Democratic tickets will have avowed Wet candidates for. various offices but the contest will center on the prohibitionissue if we can make a prediction, The Cincinnati Times-Star says Ed Schore, Hamilton county chairman and chairman of the Republican campaign state com­ mittee, an avowed wet, approved the plan of the Republican convention in ignoring prohibition as an issue, Both political parties are leaning more to the wet cause this year than any since prohibition as adopted. A fter all the voting public may make the issue when it goes to the polls next November and the result may he a surprise to political managers._____ Have You Examined Your Roof? The long dry season has made many leaky roofs. Now is the time to fiix them up to meet the fall rainB and winter show. Grip Tight Asbestos Fiber Roof Paint f will do the work. For tin, shingle or felt roofs. Ten year 'guarantee on job. No tar. Will not crack or peel. i r , A . B. M cFAR LAND , A gen t j m w b A rth u r Brisb a n e B h im m i sail Youth ^ More Argentine Trouble Hew Henry Is the Bar{J»? Peggy D tn cu 'l Feet Scientists gathered in' Cincinnati nr* told that now method* or reju­ venation, hotter .than the Voronoff "gland grafting," have been .discov­ ered. Compounds made of mysterious “ hormone*” wilt do the work, some “hormone*” -being takes from glands that could never Be transplanted. The old may he made to. live a lit­ tle longer, but science will never dis­ cover anything better than friendly death, which removes men worn out, and makes room for new energy. The learned Vorondoff, who, by the use of monkey glands, extends the lives of old men, says; "All Ameri­ cans are dead at fifty,” He does not mean that they actually die, but that they are worn out at fifty, and might as well be dead. There is no doubt that men in America wear out early. Their eyes grow dim, hair white, step slow and knees stiff, too early. But they get things done, which is more important than remaining young. ' In the Argentine, few killed, many wounded and new fighting threatened. Airplanes guard important points, and Irigoyen, late President, is locked up inaccessible. The cable- is censored, lack of employment puts many in the streets that would otherwise be at work. A serious situation may de­ velop. Irigoyen, who-used to denounce the Monroe Doctrine, may be changing his mind. If there were no Monroe Doctrine this would be an excellent time for Some European or Asiatic power to arrive, saying: ‘With your kind per­ mission, we shall take charge.” That won’t be done with Uncle Sam’s Monroe warning posted up. Doctor Heyl, deep and genuine sci­ entist of the bureau of standards, is constructing a device to “make the fourth dimension visible to the eye of the average man.” He will not suc­ ceed, because be himself cannot imag ine the fourth dimension except as a mathematical theory. His contrivance thus far looks “ like a ball of pop­ corn." . The fourth, fifth, sixth and other' dimension that are suggested seem to the ordinary man more like * ball of. “poppy-cock.” Doctor Hay! has done something more interesting than making "mitt- try to imagine what they cannot imagine. He has actuallyweighed the earth on which we stand. If you want to know how heavy it is, write" down the figures ‘ 6,692, fol­ lowed by eighteen zeros. ’ The earth is about as heavy as though made of solid steel, and it is interesting to reflect that, that appall­ ing weight, on which we live, floats always in time around the sun, through the ether, if. the ether really exists, which is an unsettled question. Peggy Duncan, a powerful nine teen-year-old girt from* South Africa, has conquered the English channel, making the swim in sixteen hours fif­ teen minutes, but failing to beat Ger­ trude Ederle’a record. Miss Ederle can tell'the young girl from’ South Africa that swimming' the channel does not pay. You lose your hearing in the cold water, and the world soon loses its recollection of you. Bichard Whitney, president of the New York Stock exchange, says the country is getting back on a firm bust ness basis, and that the stock ex­ change was in no way responsible for the slump, unemployment, etc. The latter statement is sound. The stock exchange and the ticker reflect, but do not create, conditions, The wave of stock gambling, wasting the time of able men and scattering the money of fools, caused trouble, but that is not the fault of .the exchange, Marconi believes that radio waves will travel off millions of miles through space. If the sun can send rays of light through 93,000,000. miles of space, there is no reason why radio waves shouldn't go as far in the other di­ rection. . This ought to mean that we shall talk to the other planets soon, if they have any inhabitants able to talk. In welcoming the French flyers en­ thusiastically President Hoover men­ tioned “ Byrd, Blckenbacker and the rest.” * It is refreshing to hear Bicken- backer mentioned, proving that men who flew in the war are not entirely forgotten, Their flying was unlike modern peace 'flying, as different as the per­ formance of a hawk from that o f a carrier pigeon. When Blckenbacker went up, hie plane or another had to craeh. Time after time he went up, and time after time he brought down the other planes. This he did more often than any other American flyer. He has remained in the background t-tii ihafcs‘Aju. OgmlrauK me g|y||. JiugU. ma A W Wifi fl£|y IfclM, ia Fayette County Only Reaping What It Sowed Each weak development* in the Daugherty bank eoandal continue to bring Fayette county citizens to a realisation that they must reap what corrupt polities has sown In the coun­ ty fur many back. There is open condemnation among the citizens that something has been wrong between the State Banking De­ partment a»d Daugherty. Outside bankers feel some o f the sting from the public over such a situation how­ ever guarded they may be in conduct­ ing theit own business. Not only are 6,600 depositors o f the two banks In a terrible financial situa­ tion but the county, city, school* and township* are broke. It is charged that public money has not been pro­ tected by law a* it should but Fayette .county wan operated more or less under laws of gang politicians who took their orders from Daugherty. County government alone is' short about $160,000 and there is now no funds to pay.even county officials and all road work baa been stopped^ The city of Washington, C. H. is in the same position. Gang politicians used a.Jtcheme to get signatures on bonds for public funds in the Daugherty hank that will ne contested as fraudulent. Friends of Daugherty were, presented a paper, surety bond, folded in such a way the heading did not show, and asked to sign it aa it was a petition to the proper board recommending the State bank as the depository. Now it turns out these men signed surety bonds and not petitions as represented. There cases will be contested in the HuntersReport PleBty of Sqnimte iiwwnimwMimiiatenimiMiwManaantewiwawiwtewuMMMawHa courts- v I Monday was the opening day lor ■quirrel hunting and continues nntH October le t Hunters report fittla trouble in getting the required num-j her, four, all the law permits la say | one day. The season on Woodcock’ opens October 1st and extends to No­ vember 30. Mrs, Mary L, Tate Appointed Matron The appointment of Mrs. Mary L, Tate, Xenia, on the recommendation o f Sheriff Tate, has ba^fti made by Judge S. C. Wright The appointee is a step-mother of Sheriff Tate and takes the place made vacant by the death of the Sheriff’s wife, Mrs. Amy Tate. .v Shorts and Middlings The annual state forestry tour E« . leaves Butler Springs, Highland Coun­ ty, in the morning of September 19. Compared with six former droughts, that of 1930 is by far the most severe, United States Weather Bureau statis­ tics prove. Droughts occurred in 1881, 18K 1901,1911,1916, and 1924. . .: ~T" .......> " . ' Poultry specialists from five neigh­ boring states and a province of Can­ ada will be feature speakers at the eight poultry schools to be held in Ohio during September and October. -I A ten minute agricultural broadcast may be beard daily oveir Station' WTAM, Cleveland, at 11:46 a. m. I Before marketing your live stock call THE SOUTH CHARLESTON STOCK YARDS d a ily m arket Phone SO S. K. SMOOTS P. P. SMOOTS MONEY PAID WHEN WEIGHED t County officials have been slow tak­ ing steps to recover for the county and citizens could not even get much of a slant on the bank situation until the Cincinnati: Enquirer started a series of articles that were informative. Citizens openly charged political man­ ipulation in the manner in which the State Banking Department and At-, tomey General’s'offlce have proceeded. m f t r o p o l f -* RELEASING service that antic® ^ ifMibes every convenience and coorfort o f the guest, complete appointments and distinguished outline make it an ideal Hotel for 1 visit to Chncmnod. W alnut between 6th and yth (one square south o fBus Terminals) In 74 Ohio counties 1656 farmers are, keeping account of ’ their daily, farm transactions, with the assistance of county agricultural agents and spe-. . cialiats in rural economics for Ohio)- ______ State University. * J V ! '' - ’ —— , f 6 b SALE—200 bushels of corn, j “HERALDWANT ANDSALEADSPAY” Phone 69. W. J. Tarbox. | . AN OPPORTUNITY Reliable man wanted by Manufac­ turer of national necessity, to handle distribution to. both retail and whole­ sale trade in this and surrounding ter­ ritory. Will give exclusive to right, I man who has available f 1,000 to $ 1 ,- j] 500 cash capital to finance' his own j business. Honesty and ambition more essential than experience in this line.1 Product is * utility having unlimited prospects and no competition. Should net between $6,000 and $7,600 per year. If faterested writ* Sales Man-* ager, 766' Ogden' Avenue, . Chicago, Illinois and arrangements will be made for official to grant interview at a central point In your district. ^ A DEMONSTRATION S ‘ •••*. • " Y ,-V- .:;si£. , .• • -r v • ■‘‘*4 1 Of the new “Oliver Hart Parr Row Crop Tractor?, will be given on theFrank Harbison farm West of town at 1M O’clock Friday^September 19th Dome and seea real tractor do its work Within a decade the source'of sup­ ply for the American breakfast table has moved from the plains o f the Mid­ dle West to the Tropics, t/hile the preceding, generations depended on farmers of the Middle West to supply breakfast delicacies, a large part of the materials for the modern morning table comes from Cuba/ Mexico and other South and Central American countries, saya the New York Herald Tribune, ir 1*3if E. A. Allen Tho store beside the track Blue Smackover r •<* ' Near the Ouachita River in Southern Arkansas there is a little town called Smackover—a name now world famous because of the Crude Oil this field produces. These Crudes contain a high natural content of the so called aromatics naphthenes .and unsaturates petroleum compounds which produces the desired anti-knock qual­ ity. This unusual gasoline COMBINES IN ONE MOTOR FUEL every desirable quality required by high compression motors and in addition contains the same quick starting and smooth operating characteristics that ave popularizd High Test Gasoline. The great power found in Smackover accounts not only for its remarkable anti-knock performance but likewise is responsible for considerably higher mileage yields per gallon* NEVER BEFORE HAS A GASOLINE RECEIVED SUCH Instant Approval Once Tried-*Always Used-Come in and Fill Your Tank at the REGULAR PRICE ! A’i t i e per gallon The Carroll-BInder Co. PHONE IS . No. 1 -1 0 8 RM ain S t No. 2—N . Detroit St. No.$—BellbrookRoad EXIDEBATTERIES, HIGHESTGRADEGASANDOIU? Xenia,Ohio