I $90 to $200 Reduction I
lii \ I I
till • • • iiij
% t ;q*.
* |PP
I New Improved Whippet !
ft ■ ft
I Touring $455 Coach $535 Sedan $585 I
1 Roadster $485 Cabriolet $545 [
All Prices F. O. B. Toledo, Ohio. I
These prices include added equipment. I
Models on Display Saturday at our Show Rooms I
W. H. Stein, O’Neill, Nebr.
J J
ii
THE FRONTIER
D. H. CRONIN. Publisher
W. C. TEMPLETON,
Editor and Business Manager
Entered at the postofTlee at O’Neill,
Nebraska, as second-class matter.
THE PRESIDENT’S PROGRAM.
Washington, I). C., Jan. 3. Tihs is
the legislative program of President
Coolidge as he submitted it to the
members of the Seventieth Congress.
Tax Reduction.—Cut the tax burden
to the point of safety, approximately
$225,000,000.
Farai Relief.—Will support “any
sound proposal” for farm relief, and
recommends creation of a federal
farm board to administer a fund which
would be used to help the coopera
I tives.
Food Control.-^-Congress should
proceed at once, but cautiously, to
consider plans for protecting the
lower Mississippi Valley.
National Defense.—An army large
enough for national defense and a
Charter No. 5770. Reserve District No. 10
REPORT OF THE CONDITION OF
The O’Neill National Bank
At O’Neill, in the State of Nebraska, ut the close of business on
December 31, 1927.
RESOURCES
Loans and discounts, including rediscounts .. $277,182.31
Overdrafts, secured, NONE; unsecured _ 277.00
U. S. Government securities owned:
Deposited to secure circulation (U. S. bonds par value)_$50,000.00
All other United States Government securities_ 33,250.00 83,250.00
Other bonds, stocks! securities, etc.:_ 92,110.04
Banking House, $3,388; Furniture and fixtures, $1,680 5,068.00
Real estate owned other than banking house_ 8,181.93
Lawful reserve with Federal Reserve Bank_ 25,097.14
Cash in vault and amount due from national banks _143,025.02
Amount due from State banks, bankers, and trust com
panies in the United States (other than included in
Items 8, 9, or 10) _ 1,282.72
Checks on other banks in the same city or town as re
porting bank (other than Item 12)__ 738.41
Checks and drafts on banks located outside of city or
town of reporting bank and miscellaneous items 430.96 170,574.25
Redemption fund with U. S. Treasurer and due from U.
S. Treasurer 2,500.00
Total $639,143.53
LIABILITIES
Capital stock paid m 150,000.00
Surplus fund 50,000.00
Undivided profits „ „ .. ... 25,904.16
Circulating notes outstanding _ 5o[ooo.oo
Amounts due to national banks. ..8,372.45
Amount due to State banks, bankers, and trust companies
in the United States and foreign countries (other than
included in Items 22 or 23) __ _,_ 48,257.00
Demand deposits (other than hank deposits) subject to
Reserve (deposits payable within 30 days:)
Individual deposits subject to check ..161,906.04
Certificates of deposit due in less than 30 days (other
than for money burrowed) 70,001.60
State, county, or other municipal depoaita secured by
pledge of assets of this bank or surety bond 25,038.65
Time deposits subject to Reserve (payable after 30 days,
or subject, to 30 days or more notice, and postal
savings):
Certificate of deposit (other than for money borrowed) 149,063.73 463 239 37
Hill* payable NONE
Notes and hills rediscounted _ _ NONE
Total f : ,
State of Nebraska, County of Holt, sa:
I, 8. J. Week**, President, of the above-named bank, do solemnly swear
that the above statement la true to the best of my knowledge and belief,
8. / WEBKES, Pre.ldent.
Subscribed and sworn to before me this 5th day nf January. 1928.
(8«al) JULIES D. CRONIN Notary Public.
My Cupimission expires Aug. 17, 11131
Correct—Attest: C. P. Hancock. J. P Cilllgsn, H. P. Dowling, Director*.
(This Bank carries ae indebted nr • of officers or stockholder* )
----
building program to embody cruisers,
submarines and airplane carriers.
Prohibition. — The government
should use the greatest efforts in en
forcing the dry laws, and the public
should obey Ihcm.
Merchant Marine.—Ships should be
turned back to private ownership.
Foreign Relations.—Peace with all
nations and tl\e adoption of covenants
outlawing war within the provisions
of the Constitution.
MAJOR OWEN R. MEREDITH
THROWS A SMOKE SCREEN
OVER THE PANAMA CANAL
Balboa, Canal Zone, Dec. 29.—A
smoke screen will be thrown over the
Panama Canal today for the first time
in the history of the canal, to test out
an experimental scheme to produce
dense white smoke by using the ca
nal’s pipe lines. The maneuver will
be perfected by the chemical warfare
service, commanded by Maj. Owen R.
Meredith. It is planned to drop oil
into little tanks placed along the ca
nal route, creating a screen follow
ing its contact with chemicals.
This is part of the defense program,
and, it is anticipated, will be success
ful, according to high army author
ities.
A dozen field observation plains
from France field, protographers and
radio men will report the effectiveness
of the screen. Col. Arthur G. Fisher, |
commander at France field, will com- j
mand the surveying and will report
his findings, via Maj. Gen. Graves, to
Washington.
MRS. ELIZABETH RUTH CRUMB.
Mrs. Elizabeth Ruth Crumb, belov
ed wife of Robert L. Crumb, died at
the Stuart hospital last Thursday fol
lowing a short illness.
Elizabeth Hoyer was bom here.
August 10, 1902, and was 25 years, 4
month and 9 days of age at death. i
She was united in marriage to Robert
L. Crumb on July 18, 1927. She
leaves to mourn her death one small
son, her husband, father and mother,
Mr. and Mrs. James Hoyer, of Ann
car, three sisters, Mrs. E. Henefin,
Miss Elva Hoyer and Miss Helen
Hoyer. two brothers, Earl Hoyer and
Bur! Hoyer.
Funeral services were held from the
Marquette church Saturday, at 2:00;
interment wns made in the cemetery
near the church.
Darling Elizabeth, she has left us,
l<eft us, yes. for evermore;
But we hope to meet our loved one
On thnt bright atvt happy shore.
O’NEILL PUBLIC SCHOOLS.
O’Neill, Nebr.
The Boar I of Education of the
O'Neill hihl'r Schools a*, a regular
meeting hold November 7th, resolver!
thnt the school build ne should not
be opened to any rnmmerrtaPved ac
tivities uni- in o“or«d bv the
•shoot
BO* P’-' /'** » ' *C •
By Mrs. R. M Hauers. Sac.
THE INSANITY I'LEA.
(Kansas City Times.)
Has it come to this that the more
revolting the crime the better the
chance of the criminal to escape pun
ishment? If so, then we shall have
more revolting crimes. The country
has been shocked by the acquittal of
the murdered Remus and the conduct
,r,i the jurj that freed him on an in
sanity plea. It is now indicated that
insanity will be the defense of Ed
ward Hickman.
Irrespective of individual opinion
on this subject, the public would not
be concerned' if it could look forward
with confidence to a verdict in con
formity with authoritative opinion on |
this question of sanity. What causes i
natural concern it the prospect that
the judgment of sanity probably will
be left wholly to a jury influenced, not
by knowledge of mental disorders, but
by conflicting testimony of available
experts, by biased testimony and by
the sentimental harangues of counsel.
There long has been a conviction in
the minds of many of those identified
with crime problems that each state
should have, subject to call, the most
authoritative board of sanity experts
available; that it should be the duty
of such a board to pass upon the
question of a defendant’s sanity, if
raised, at the time the crime was com
mitted and at the time of trial; that
the decision of such a board should
have such weight, by virtue of the
learning and standing of its members,
that no honest jury could consistently
question its findings. With such
diagnosticians available, there would
be only the remotest chance that one
mentally irresponsible would be put
to death or unjustly imprisoned. On
the other hand, it should be corres- A
poindingly difficult to make out a case 9
of insanity for a responsible person.
In England, when the question of i
sanity is raised at the criminal bar,
the court has available the highest
authority on mental disorders. In
almost every instance the testimony
of such authority is final. There is
no such thing as a prolonged trial, in
which alienists of more or less stand
ing consume hours on hours in giving
testimony that only confuses the
jurors. Nor does the court need to
tolerate the bringing in of irrelevant
matter or the resort of counsel to
elaborate sentimentality. The result
is that England scarcely knows of
such cases of insanity defense as so
often scandalized our courts and
shock the American public.
mmmanmmmMmaammmMm* ~ .~ .~. i
■ REPORT OF THE CONDITION OF
The O’Neill National Bank
AS MADE TO THE COMPTROLLER OF THE CURRENCY ON DECEMBER 31, 1927.
RESOURCES
LOANS AND DISCOUNTS _$277,182.31
This consists of notes given by our
customers- -mostly farmers—a very
large per cent of which is secured
by either chattel mortgage or other
collateral.
OVERDRAFTS _ . 277.00
This represents mony due us from
depositors who have checked out
more money than they had on de
posit. The item is very small, but
large enough in view of the fact that
it is a violation of banking depart
ment regulations for bank officials
to permit overdrafts in any amount.
UNITED STATES BONDS _ 83,250.00
These are all gold obligations of
the United States and all of which
are now selling above par.
OTHER BONDS AND SECURITIES 02,110.04
This consists of municipal and in
dustrial bonds, county, township
and school warrants, all worth par
or better.
BANKINGHOUSE AND FIXTURES 5.008.00
Consisting of bunk building, vaults,
safes and fixtures of all kinds,
worth about double the above
amount.
OTHER REAL ESTATE OWNED 8,181.81
This consists of real estate owned
other than the banking house •
CASH AND SIGHT EXCHANGE 173.074 25
This consists of cash in vault, and
due from other banks, subject to
our check, and from United States
Trcasmer. Note that this is over
36', of our total deposits.
LIABILITIES H
CAPITAL STOCK ____ $50,000.00 ||
This represents the cash paid in ft
on the original investment by the S
stock holders.
SURPLUS AND UNDIVIDED If
PROFITS _ 75,904.16 fl
This is a part of the earnings of B
the bank that have been set aside JH
from time to time to cover possible B
losses and for the further protect- B
ion of our depositors. This fund is B
more than 27 per cent of all our B
loans and discounts and 150 per B
cent of our capital. B
CIRCULATION . .. __— 50,000.00 J£
This represents the “currency" or B
“national bank notes” we have in B
circulation for which we have de- B
posited with the Treasurer of the B
United States $50,000.00 U. S. Gold B
Ronds to guarantee the redemption B
of these notes. B
DEPOSITS _-_ 463,239.37 B
Represents money deposited in this B
hank by Arms or individuals, a part B
of which is subject to check on de- K
mand and a part on time certiAcates B
of deposit running six nr twelve B
months, on which wr pay 4 per cent B
interest. B
REDISCOUNTS OR BILLS B
PAYABLE NONE ■
TOTAL
TOTAL
✓
9639,14SJUI
f - ' .