The frontier. (O'Neill City, Holt County, Neb.) 1880-1965, July 13, 1933, Page TWO, Image 2

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    The Frontier
D. H. Cronin, Editor and Proprietor
Entered at the Postoffice at O’Neill,
iMebraska as Second Class Matter.
~ ADVER TIsTncT R A T Esi~
Display advertisments on Pages 4, 5
.and 8 axe charged for on a basis of 25
cents an inch (one column wide) per
-week; on Page 1 the charge is 40 cents
munch per week. Local advertisements,
10 rants per line first insertion, sub*
sequent insertions 5 cents per line.
SUBSCRIPTION RATES
Otoe Year, in Nebraska-$2.00
One Year, outside Nebraska — $2.50
Every subscription is regarded as
-an open account. The names of sub
scribers will be instantly removed
-from our mailing list at expiration of
’time paid for, if publisher shall be
'notified; otherwise the subscription
remains in force at the designated
subscription price. Every subscriber
-must understand that these conditions
■are made a part of the contract be
tween publisher and subscriber.
HAZARDS AFOOT
Pedestrian deaths in 1932 were 44
per cent of all deaths due to automo
bile accidents. There were P2.770
foot travelers killed out of a total
■of 29,000 automobile aeeident deaths
in the United States. This fact ap
pears in an analysis by Maxwell Hal
sey, traffic engineer for the National
Bureau of Casualty and Surety Un
derwriters.
Mr. Halsey finds four chief facts
in pedestrian accident problems:
L Auto-pedestrian accidents are
only 5 per cent less than auto-auto
accidents.
2. The pedestrian is almost twice
ru likely to be killed as the motorist.
•T. Only 25 per cent of all accidents
-occur -outside of cities or towns, but
they are responsible for more than
59 per cent of all deaths.
4- Accidents to pedestrians walk
ing along rural highways are at least
four times, as fatal as any other
type of accident.
The following are the chief danger
points to pedestrians: Narrow roads;
black ]lavement that ofFers less con
trast to the pedestrian and requires
greater illumination; cuts through
hills, fills and curves; recreation and
refreshment locations where parked
ears interfere with pedestrian visibil
ity; schools, factories, parks, etc.,
where pedestrian* walk or cross high
ways; vehicles passing vehicles;
“thumbing,” where pedestrians stand
on edge of road to attract attention;
roadway laborers inadequately pro
tected by signs; glaring lights; wet
pavement.
Pedestrians should walk single file
facing oncoming traffic; avoid blind
spots; get out of the way of meeting
or passing cars; wear light colored
clothing at night or array a reflect
ing devise. The motorists, in turn,
should know that pedestrians are not
entirely visible at night. They should
wvxud the extreme edge of the road
»*d sound their horns for any pedes
trian situation that seems doubtful.
Street lighting, wide sidewalks and
traffic signals should be provided.
States without laws prohibiting
bitch-hiking, or laws requiring pedes
trians to walk to the left facing
traffic, should pass them. These are
constructive suggestions and should
be seriously considered by all intellig
• ent persons.
ECONOMIC HEADLIGHTS
Here’s one for the taxpayer: The
tutaJ of all appropriations made by the
recent special session of congress, in
cluding those which are classified as
''capital expenditures”, is in excess of
> $X»00,000,000. When the appropri
ations of the final session of the 72nd
congress are added, the aggregate
jnire December 5, 1932, exceeds $6,000
^00.000. The last session brooks no
scorn petit ion as the most expensive one
sir ire the war.
One encouraging sign is that the
(extraordinary measures, while they ap
propriate definite amounts, do not
specify that they be entirely spent,
in :he $3,000,000,000 public works bill,
lot example, is is doubtful if more
umr> one-third of it can be used with
n a year. By the end of that time it
may not be necessary to use more.
The old practice of politicians spend
ing everything they can get hold of
may not apply here as administration
'd this and other bills is supposed to
id the hands of persons who have
F** or no political obligations.
Also encouraging is the outlook
for tax revenues. For the first time
since uw depression began the gov
■ -wnment’s internal revenue collections
i-are soun ding those for the same per
iod a year before. Main reasons for
till.'- are the beer and gasoline taxes,
which have been roaring successes.
These two taxes, with cigarette and
inr. me taxes, were responsible for 67
Tg*er wnt of all internal revenue dur
ing May. Income tax collections, hew
«nm. have gone down; decrease during
‘ ‘he currant fiscal year has been $296,
dWLOOu in comparison to the last.
"This Ions was more than offset by in
x irease-, of revenue of $313,500,090j
from the beer tax, together with 23
new taxes and five sets of high. !
*»/ rates on old taxes. More and high- j
. «y taxes is the older of the day.
Cnrouidy enough, both the "common
-*4U*n" and the financier favor repeal |
Charter No. 5770 Reserve District No. 10
REPORT OF THE CONDITION OF
The O’Neill National Bank
Of O'Neill, in the State of Nebraska, at the close of business on
June 30, 1933.
RESOURCES
Loans and discounts___ $ 96,002.63
Overdrafts -. --- 15.44
United States Government securities owned__ 164,250.00
Other bonds and securities owned_._____ 97,520.56
Banking house, $3,388. Furniture and fixtures, $1,680 ... 5,068.00
Real estate owned other than banking house__ 5,000.00
Reserve with Federal Reserve Bank 130,060.79
Cash and due from banks. 62,656.25
Outside checks and other cash items_ _ 200.59 192,917.63
Redemption fund with U. S. Treasurer and due from
U. S. Treasurer_....___ 2,500.00
Total_-___$563,274.26
LIABILITIES
Circulating notes outstanding_._ $ 50,000.00
Demand deposits 262,861.07
Time deposits 106,595.71
Due to banks, including certified and cashiers’
checks outstanding __ 18,389.45
Capital account—
Common stock, 500 shares, par $100 per share_ 50,000.00
Surplus .. 50,000.00
Undivided profits—net. 25,428.03 125,428.03
Bills Payable NONE
Notes and bills rediscounted__ NONE
Total. $563,274.26
State of Nebraska, County of Holt, ss:
I, S. J. Weekes, President of the above-named bank, do solemnly swear
that the above statement is true to the best of my knowledge and belief.
S. J. WEEKES, President.
Subscribed and sworn to before me this 10th day of July, 1933.
[Seal] MARJORIE DICKSON, Notary Public.
My Commission expires June 5, 1935.
Correct—Attest: C. P. Hancock, E. F. Quinn, F. N. Cronin, Directors.
(This Bank carries no indebtedness of officers or stockholders.)
of the capital gains and losses provis
ion of the income tax law—but for !
definitely different reasons. Many I
more millions can be collected through
correction of technicalities and loop
holes in the law. Also to be con
sidered is the possibility of hard liquor
and wine taxes—the chances are that
the eighteenth amendment will be only
a memory within a year, and revenue
from this source will be large.
The World Economic Conference
hasn’t collapsed, hut it’s looking pretty j
tottery. It is, basically, an attempt1
to revive internationalism in a world
which is now predominnately nation
alistic. Bones of contention have ap-1
peared at every turn. Most important i
is the fight between France and the
United Stutes over dollar stablization.
France wants it, to save her franc!
from slipping off the gold standard.
U. S. is against it; our internal re
cox ery program is based on one kind
or another of inflation, xvhich is defi
nitely opposed to gold standard prin
ciples. The American delegation has
lost caste, due to the fact that individ
ual members have been making state
ments which often conflict. European
observers wonder, and justly, why they
don’t go into huddles among them
selves. Secretary Hull’s trade resolu
tion, main feature of xvhich is reduct
ion of trade barriers, net a cool res
ponse. Only resolutions on which any
real progress have been made deal
with matters of a minor nature.
The possibility of political reper-1
eussions at home from the conference
is imminent. Secretary Hull is ap- j
parently not receiving the Presiden-j
tial support anticipated; his assistant,!
Raymond Moley, has been stealing his
thunder. Mr. Moley’s rise in politics !
is nothing short of amazing. As
William Allen White xvrote: the din!
he is causing in London sounds like
‘“Moley, Moley, Moley, Lord God Al
mighty.” The importance of his go
ing to London is explained by the fact
that he i3 an isolationist in policy,
xvhile Mr. Hull is an internationalist.
During May, industrial production
achieved the largest increase recorded
by the Federal Reserve Board's index
in 14 years. Reports in early June
show continuance of the advance.
Light industries, such as shoes and
textiles, are moving to new highes.
Heavy industries—steel, lumber, auto
mobiles, etc.—are participating to a
lesser extent in the march. Employ
ment and wage statistics grow more
encouraging, and there has been no
weakening in the commodity price rise.
Of importance to all business is
national industry recovery Adminis
trator Johnson’s warning against eff
orts to increase prices without justi
fication. There will be no price “wild
catting.” Effort will be given to rais
ing the general price level gradually,
through elimination of unfair compe
tition, low wage scales and poor work
ing conditions. Mr. Johnson also
gave first intimation of what fair
wages will mean: About 45 cents per
hour, for a 32-hour week, for the low
est-paid class.
HOME LOAN BANK
HEAD SELECTED.
The first serious patronage contest
between National Committman Mullen,
the democratic congressmen from this
state and Senator Thompson and Gov.
Bryan resulted in a victory for the
Mullenites. The Omaha Bee of Wed
nesday contained the following ac
count of the selection of Charles
Smrha, of Milligan, as manager of
the Home Loan Bank Corporation:
“One of the major fights over fed
eral patronage in Nebraska was de
cided in favor of Arthur Mullen, nat
ional committeman, with the appoint
ment of Charles Smrha of Milligan as
Nebraska manager of the Home Loan
Bank Corp.
“Smrha, the choice of Mullen and
the state’s five congressman, won out
over Cloyd Stewart of Clay Center,
recommended by Senator W. H.
Thompsonn with the approval of Gov
ernor Charles W. Bryan.
“The appointment of Smrha, accord
ing to the Associated Press, will be
followed immediatedly by completion
of the home loan set up in Nebraska
so that relief can be granted at once
to home owners in need of mortgage '
refinancing.
“Completion of the machinery in
cludes establishment of headquarters
and branch offices and appointment
of an assistant manager, branch man
agers, attorneys and appraisers for
each branch and appraisers for each
county.
“Selection of headquarters, another
controversial matter between Mullen
and Thompson, was not announced.
Mullen has favored Omaha while
Thompson has sought to place the
headquarters in Grand Island, his
home.
“Omaha is considered most likely
to be chosen, however, since the policy
of the officials has been to select the
city having the largest number of
mortgages.
Designation ot headquarters and
branch offices, and further necessary
appointments, will be undertaken at
once, the Associated Press reported.
If Omaha is not made headquarters,
it is at least certain to have a branch
office, the dispatch stated.
“Representative Edward Burke of
Omaha has recommended I. Shuler,
Omaha relator and present Douglas
county purchasing agent, for the man
ager of the Omaha office and Ralph
Coad, a diiector of the Metropolitan
Utilities district, for attorney.
“The original plan to place a branch
office in each congressional district
may not be carried out, according to
the dispatch.
“Under the home owner's relief
measure which created the Home Own
ners Loan Corporation, distressed
home owners’ mortgages will be pur
chased by the corporation with bonds
or cash and an “easy payment’’ plan
provided for the owners.
"Only homes valued at $20,000 or
less are eligible for the mortgage
relief, and not more than $14,000 in
bonds or cash will be paid for any
mortgage.
“Applications for relief must be
made to the main or branch offices,
and after preliminary inspection they
will be referred to county appraisers
and attorneys for evaluation and in
spection of title.
“Holders of mortgages will be ex
pected to take 18-year interest-guar
anteed bonds in acturn for their mort
gages. Payment in bonds will be
made on not more than 80 per cent
of the property’s value. If the mort
gage holder insists on cash, he may
not receive more than 40 per cent of
the property’s value.
“The corporation is authorized to
pay hack-taxes on mortgaged prop
erty, including that sum ir. its loan.'*
c—-- ""
Skv Line Trail Hikers Invade the Canadian Rockies
*
d ^ _____
~TrAU- __
Mixers
AT
LAXe
Louies.
!
itr takakw*) falls ”
ORGANIZED trail hiking In the Can
adian Rockies will be Inaugurated
for this year by a hike slated to start
at Lake Louise, near Banff, on Aug. 4.
An Increasing Interest Is being shown
In trail hiking In this mountain region,
and a committee consisting chiefly of
experienced members of the Trail
Riders of the Canadian Rockies and
the Alpine Club of Canada, has organ
ized a new order called the Sky Line
Trail Hikers. The route of the In- ■
augural hike will be over Saddleback |
Mountain through Paradise Valley and
over Sentinel Pass to Moraine Lake,
where the first night's camp will be
made. On Saturday. Aug. 5, the party
will hike from Moraine Lake over
Wenkchemna and Opabln passes, and
will have the thrill of crossing two
glaciers before arriving at Lake O'Hara.
On Sunday the hikers will be able to
take In the magnificent scenery around
Lake MacArthur. Lake Oesa. and
Mount Odaray, and members of the
party will be able to enjoy tl* excel
lent fishing In Lake O'Hara. The Pow
Wow and Sing Song of the hikers will
be held on Monday, Aug. 6, after which
the members will visit Wapta Bunga
low Camp and catch the evening train
back to Lake Louise.
The magnificent scenery of the Can
adian Rockies and the pure Joy of
achievement, together with the com
forts assured by official arrangements
made for their novel hike, make this
one of the finest and most healthful
of holiday outings. Lake Louise, Jade
green and turquoise blue, with glacier
hung Mts. Victoria and Lefroy, Is one
of the most beautiful lakes In the
world and the route of the Sky
Hikers takes them through the grand
est scenic attractions of the American
Alpe.
BRIEFLY STATED
Pete Eggers, one of the prosperous
farmers of Paddock township, was a
pleasant caller last Tuesday and ex
tended his subscription to The Front
ier to 1!}34. Mr. Eggers says that he
has never seen corn grow as fast as
ft has the past week, since the rain.
He says that prospects are now fav
orable for the biggest corn crop ever
raised in this section; he says the
stand is a lot better than it was a year
ago. He said the month of June re
minded him of June 1892. He was
then a resident of Iowa and he said
the month of June was very dry and
they lost all their small grain. Corn
came through the drouth remarkably
well that year, he said. The forepart
of July they had a good rain and that
they harvested one of the largest corn
crops ever raised in that section of the
state that year. Mr. Egger looks for
history to repeat this year.
Dr. and Mrs. L. A. Carter drove
down to Kearney last Sunday, Mrs.
L. G. Gillespie accompaning them as
far as Grand Island, from where she
went west to Oregon. Dr. and Mrs.
Carter spent the days visiting at the
home of their daughter, Mrs. Vance
Begthol and came back home that
evening, being accompanied back by
Mrs. Vera Blum and daughter, of
Sheridan, Wyoming, a daughter and
granddaughter of Dr. wid Mrs. Carter,
and Mrs. Vance Begthol and son, Cart
er of Kearney. They will spend the
week visiting at the Carter home and
next Sunday they will all leave for
Chicago, where they will visit relatives
and also take in the Exposition. Miss
Rachael Robertson, daughter of Mr.
and Mrs. J. A. Robertson will accom
pany them and will also visit relatives
in Chicago, while attending the Ex
position. They expect to be gone
about two weeks.
“Is this where Judge Harvey lives?”
asked the rather timid little man.
The butler nodded.
“I would like to see him then,” said
the visitor.
“I’m sorry sir,” said the butler icily,
“but he is at dinner.”
“But it’s important,” said the little
man; “a man’s life is at stake.”
“I regret to say that it can’t be
helped,” replied the butler. “His hon
or is at steak.”
My wife’s sense of humor is bad.
The other day I heard a good con
undrum and decided to catch her on
it.
“Why are men like mules?” I ask
ed her when I went home.
“Don’t judge all men by yourself,”
was her meaningless answer.—Mis
souri Pacific Magazine.
He: “In the spring a young man’s
fancy lightly turns to thoughts of
love.”
She: “Yes, big boy, but you think
spring is here every time you get into
a warm room.”
The new Federal Loan '
Relief is here. I have the ■
applications. Come in and ,
get the terms. j
JOHN L. QUIG
Loan Agent
O'NEILL, NEBRASKA
AUCTION
AT
ATKINSON. NEBR.
E\ ERY TUESDAY
CATTLE - HORSES
HOGS-SHEEP
Offering broadra*t from
WJAG (Norfolk) Every
Monday Noon.
ATKINSON
LIVESTOCK MARKET
GOOCHS BEST FLOUR S1 2Z
48 pound sack.JL*4^
numiinwnBBBBunBnmBBUHmBnnmKra
COFFEE, Fresh Roasted QC«
2 pounds 0 Ub
NORTHERN TOILET
TISSUE, 4 rolls ZlJU
SUGAR CO
10 pounds uwb
STRAWBERRIES nQn
2 large cans __ lJo
LAUNDRY SOAP ftr
11 bars CUU
FRESH COOKIES nr
2 pounds Cuu
SPAGHETTI nr
4 pounds Cub
BACON SQUARES <! ft
Per pound _ I UL»
raisins nn„
3 pounds <LUO
Fresh Fish for Friday
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