The frontier. (O'Neill City, Holt County, Neb.) 1880-1965, March 16, 1933, Image 1

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    Neb. State Historical Society
The Frontier
VOL. LUI. O’NEILL, NEBRASKA, THURSDAY, MARCH 16, 1933. No. 43
EVERY U. S. DOLLAR IS AS
GOOD AS GOLD HERE
,C
No advance in prices as long
as our present stocks last.
\
We Have Faith in Our President. He has spoken to the
people in plain words. “Do unto your neighbor as you would
have him do unto you.” And This Country will again become a
Prosperous Nation and pay living prices for the products of the
soil. While the Flag floats this nation will advance.
We have faith in the United States; in the leadership of
its President; in the soundness of its currency.
While we believe that the great business revival which
seems imminent means higher prices for all raw materials, we
pledge ourselves not to advance prices of clothes, hats and furnish
ings on merchandise we bought on the old basis.
This is our contribution to what we hope will be a general
movement to restore the buying power of producers, wage earners
and salaried people, and give them the first fruits of the new
era of prosperity.
Charge customers are invited
to use their facilities as usual.
P. J. McMANUS
The Home of Good Merchandise
O’NEILL BANKS ARE
AGAIN DOINGTHEIR
REGULARBUSINESS
Receive License To Open
Wednesday Morning:
Other Banks Open.
The two National bank of this city,
the O’Neill National and the First Na
tional, received telegrams about 7:45
last Wednesday morning announcing
that they had been licensed by the
Federal government to open for un
restricted banking business and the
doors were open again for business
Wednesday, after a banking holiday
of ten days. Business as usual was
transacted at both banks Wednesday
and the bank officers and employees
were apparently happy that the
days of loafing were over and they
could again perform their daily func
tions.
The National banks at Stuart and
and Atkinson were also on the ap
proved list and were transacting busi
ness as usual Wednesday. The state
banks of the county were also trans
acting business as usual Wednesday
and everyone seemed to be happy.
The two O’Neill banks received
about $2,000 in gold and gold certific
ates Wednesday, a great deal of it
being brought into the bank by farm
ers of the county. There were no with
drawals from either of the banks here,
on their first day of business activity
since the moratorium was declared,
outside of the usual business demand,
the deposits exceeding the withdraw
als about eight to one.
The only restriction imposed on the
National banks here is that no gold or
gold certificates will be paid out, and
that regarding hoarding. In this con
nection the following regulation has
been issued by the Federal Reserve
Board, under date of March 13, 1933,
and has been sent to all National
Banks:
“No banking institution shall permit
any withdrawal by any person when
such institution, acting in good faith,
shall deem the withdrawal is intended
for hoarding. Any banking institu
tion, before permitting the withdrawal
of large or unusual amounts of cur
rency, may require from the person
requesting such withdrawal, a full
statement, under oath, of the purpose
for which the currency is requested.”
The following, regarding the board
ing of gold or gold certificates has
been sent to all banks in the Tenth
Federal Reserve District, of which Ne
braska is a part, from the Federal
Reserve Board, being transmitted to
the banks of this district from the
governor of the Federal Reserve Bank
at Kansas City:
“It is requested that you prepare
and forward to the Board as soon as
possible after March 13, 1933, as com
plete a list as can be made from in
formation you are able to obtain of the
names and addresses of all persons
who have withdrawn gold from your
banks, or a member or nonmember
bank in your district, since February
1, 1933, and who have not redeposited
it in a bank on or before March 13,
1933.
“Please furnish to this bank as early
as possible a list showing names and
addresses of all individuals, firms, and
corporations to whom you have made
gold payments since February 1, 1933,
which have not been redeposited before
March 13, 1933, giving amount in each
instance; also a spearate list of pay
ments made prior to February 1, 1933,
which have not been redeposited prior
to March 13, 1933.”
The final date for the depositing of
the gold above referred to has been
extended from March 13, 1933, to
March 17, 1933.
TREPPISH APPEALS CASE
TO STATE SUPREME COURT
Earl Treppish, who was convicted
and sentenced to life imprisonment, on
December 22, 1932, for the murder of
his trapping partner Clarence Coy on
1 or about April 1, 1932, in the north
western part of this county, has ap
pealed to the supreme court from the.
conviction, listing sixty-six reasons'
why he should be granted a new trial.
He says that the evidence does not
sustain his conviction; that there were
many irregularities and misconduct on
the part of both the jury and the
prcsicutor; that the jurors were not
all convinced of his guilt and that the
verdict of second degree murder was
a compromise. He said that the
sentence for life did not carry out the
intent of the jurors who supposed that
as the penalty for second degree mur
der is ten years to life, th° sentence
would so read. He complains bitterly
ab^ut statements of the prosecutor,
Julius D. Cronin, and says that the
jury was given to understand by re
marks made in its hearing that he
would be mobbed if he wrere acquitted.
(Continued on page 8, column 1.)