PAGE SIX PLATTSMOUTH SEMI - WEEKLY JOURNAL MONDAY. JAN. 12. 1931. H, A. Schneider Named to Head Local C- of CJl Continued from page one. weather was perfect, the ceremonies simple but dignified and the public ity therefrom incalculable. When we consider that this fine new bridge was built and dedicated without (ail ing for a dime from our citizens in private subscriptions it is quite not able in comparison with other s-rni-lar projects. ".Next I recall that a year ago we were blocked off on all sides by de tours and road construction. Today we have one of the best paved roads in the state running practically from the north to the south sid.; of our county through Plattsmouth. The remaining gap I understand is soon to be closed by the letting of the contract for a viaduct across the tracks at La Platte. From the west we now have three graveled roads and from the east a most scenic and satisfactory graveled road including the Memorial Livingston Drive and the new viaduct. We have not yet realized the full benefits from this much improved road system enter ing Plattsmouth. but we will as peo ple become habituated to this eauy access to ond city. "During the year 1930. Platts mouth has become the focal point for two giant pipe line systems from the Natural ('.as fields of Texas. One of these lines is already furnishing natural gas to our city, and the other is fast laying its pipes to this point. Roth of these 24 inch mains cross the Missouri rivtr here one on the new bridge and the other by a series of 10 pipes in the bed of the river. The building of these lines and crossings has brought to Platts mouth Tor the time being, a major industry with the consequent dis tribution of thousands of dollars in our midst lor labor and materials. More than that, it has put Phitts mouih in a strategic position as re lates to fuel for industrial develop ment. No other city on the Missouri river can offer to industry two com peting trunk lines of natural gas, guaranteeing them such adequate and economical and efficient fuel. "During the past year distinct and definite plans have been crystallized and made effective by Congre3 for the improvement of the upper Mis souri river from St. Joseph to Sioux City. Already engineers have been in our midst making surveys and soundings and they are onl- the ad vance guard of these who will fol low them in the further prosecution of this great project. We can look forward with confidence to the open ing of actual operations along our river front in the near future. Your Chamber of Commerce has not been unmindful of this new development 'nut has sought to keep in touch with it through various sources. We are expecting probably sometime this month, to have with Directors luncheons, gineer in charge cf ns at one of our the district en t his pjrtion of tho work. "Another thing we can congrat ulate ourselves upon, is the steady emploj meat of our shop men both at the Burlington and the BRfSX .hops. Many shop towns during 1930 have suffered prolonged shut downs and re duction of forces while our men have been steadily employed in most part. This has contributed materially to minimizing our unemployment prob lem of which we can say in compari son with other cities is practically nil. "Another thing of importance to our city which should not be over looked is the operation in our im mediate vicinity of three large gravel pits two of them operating night and day during the busy season. As evi denced of the magnitude of this in dustry there were 15.000 carloads of sand and gravel billed out of Platts mouth during 19:0, to say nothing of the hundreds of truck loads hauled out. This is an item not to lie over looked. "Now under the heading Special Chamber of Commerce projects, I want to mention first and foremost the graveling of the Louisville road and auxiliary roads thereto. This is a project long sought after and be set with many difficulties, but final ly realized. This opens to Platts mouth one of its most productive . erritories and connects us with the tl riving little city of Louisville and ;t , monster cement plant. This alone is an achievement worthy of our tal and would not have been real :ed but for the aggressive work of the Good Roads Committee of the Chamber of Commerce, both past and pr sent. "Another road project of the CI amber of Commerce was tne grav li::g of the hill road to the Rifle I'ange. This was sponsored and aid- d by our organization and aside from benefitting the residents adja cent permits the army to place manu vetfl and operations here at any time of year irrespective of weather. While this may not appear to be of large benefit, yet it brings men and money into 'our community which otherwise would not come and af fords us reciprocal and favorable re lations with the officers at Fort Crook. "And while the new road and via duct to the bridge could not be call ed strictly a Chamber of Commerce project, yet it was sponsored and guided by our Road Committee in conjunction with the State, the county, the city, the Burlington and the Bridge Company. It was a pro ject fraught with many difficulties but today is an accomplishment we are greatly proud of. "Now the things we have co-oper-ated with during the year are many and I mention them briefly: With the School Board and council in obtaining plans and specification for the New High School Stadium. With the Tir-County Poultry Thomas Walling Company Abstracts of Title Phone 324 - Plattsmouth m L I-I-I-M-H"M"1 1 1 1 M-M- Association in holding their An nual Show in our city. With the City and local band In holding concerts during the sum mer. With the Retail Section which is a part of our organization in pu ting a Municipal Santa Claus day and the decorating and illuminat ing of the streets of Plattsmouth in true holiday fashion. With the pipe line men in find ing them suitable accommodations and a friendly welcome to our city. With the Masonir Order In meet ing of the Grand Lodge by a spe cial edition of the Journal. With the Census Bureau in tak ing the local census. With the District meeting of the German Evangelical church. With dedication of Nebraska City bridge. With the dedication of the all paved highway across Iowa both at Creston and Red Oak. Wltb the State highway depart ment in the marking of highways. With the Choral Union in the bringing of Handel's Oratorio 'The Messiah to Plattsmouth. With the Woman's Club In se curing band for music week. With the Y. M. C. A. in sending some of our boys to the State Boys Conference. With W. R. C. at time of their District With to send With convention in our city, the Boy Scouts in helping hoys to Camji Wilson, the D. A. R. Tii proposed memorial state park at Kings Hill. With the County Farm Bureau in extension of tin ir work. With the Good Roads Associa tion and Motor Club by sending delegates to their meetings at Lin coln and Grand Island. With the County Agricultural Society in supporting their Pre mium List and sending booster crowd to their county fair. Also our High School Glee Club. "Many of these show only in tangible returns hut we believe they demonstrate the wide range of our activities and desire to be help ful to the varied interests of our community. "There doubtless are other activi ties which I have overlooked as it is imprssib! to give offhand without systematic checking of records, all the happenings of the year, but these will suffice to show that your Cham ber of Commerce has not been asleep. "Before ieaving this I want to make mention of the invaluable help afforded by the Plattsmouth Journal in boosting every single enterprise sponsored by the Chamber of Com merce with unstinted space? the money value of which would bank rupt - ur treasury hail we been re quired to nay for it at going rates. We are greatly indebted to Mr. E.ites and his staff for their hearty sup port. "Some Things We Should Plan To Do 1931 "Enroll 3tu members in our Cham ber of Commerce. "Secure graveled road to Rock Bluffs district. "Resurface Sixth Street with as sistance of the State Legislature. "Secure moderate priced apart ment hotel for transient families. "Complete Legion building. "Secure new and adequate occupa tion tax te protect our local indus tries. "Secure a pop and ice cream fac tory. "Secure a garment factory. "Secure a canning factory. "Put on a buy-at-home campaign. If we could all resolve in 1931 to favor our local steres anil local in dustries it would tend to make them bigger and better. "Further development of our Sta dium Unit. "A Title and Trust Co. to reclaim Take Inventory Once a year or oftener you take a complete inven tory of your business. You check profit and loss. You determine where you stand. Your insurance should be checked with the same care. Changing values should be protected against loss by fire ; proper forms should be writ ten. This Hartford Agency can give you expert service in insurance matters. We write policies right. Searl S. Davis AGEXT Plattsmouth Nebraska I old properties and make them tax bearing and revenue producing. "These are only suggestions, no I doubt there are others and perhaps we should select three or rour anu concentrate on them that is for you to say. "Now in conclusion, as your Presi dent for the past year, T wish to ex press my sincere appreciation of the loyal co-operation and support of the Board of Directors, the people at large and particularly the three offi cers who have worked so faithfully with me on the Executive Committee, Frank Bestor, Fred Rea and Geo. Petring. Every one of them, busy men yet they have always been willing to drop their own work for that of the Chamber of Commerce. Neither can I refrain from express ing my appreciation to my able office secretary, Mrs. Wm. Heinrich, for her efficient and painstaking help, without which much of the work could not have been carried on. "In closing, I bespeak for my suc cessor the same loyal support ac corded me, and with sincerity I wish you all a Prosperous and Happy Nineteen Hundred Thirty-One." The question of the election of officers of the club was then taken up and the urgent request received from President Wescott that he be allowed to retire at this time after his services of three years as he felt that his community service had been sufficient to now allow him to devote more of his time to his own private- business interests. The members were not of the mood to allow the president to retire but his attitude was one that all appre ciated and recognized and in view of the fine work that he has done for the community it was felt that he was deserving of having his re quest granted. The selection of a president prov ed a real problem as those nominated declined and for a snort time it seemed that the office would remain unfilled until the general demand of all those present for immediate ac tion and the election of H. A. Sch neider to the office was carried amid the greatest enthusiasm from every one except Mr. Schneider. It was with great reluctance that Mr. Sch neider was induced to accept the office but as the prospect of securing any willing president the nominee finally in the interest of the commun ity service that the Chamber of Com merce has and will do, decided to accept the presidency and devote to it what time he could in his other busy activities as head of the Platts mouth State bank. The spirit shown by Mr. Schneider was a fine example 'f nersonal sacrifice for the work eif the community as the office has con stant problems that take much time and personal endeavor which i- ; business man means a great deal of sacrifice. For the office of Vive President, Seal S. Davis was named unanimous ly and will act as the second In com mand of the Chamber of Commerce. Fred I. Re'1, who has given the office of treasurer of the Chamber of Commerce a real administration, was unanimously elected to the office again as a tribute to his careful and thorough methods of handling his office. TT e secretary will be named by the president as will the members of the executive committer of the Cham ber of Commerce. In the reports of the various com mit tees H. A. Schneider of the good roads committee reportetl that the committee had aided the Louisville road graveling proposition and felt that the graveling of the Rock Bluff road in thf coming season was an objective that should be leoked for ward to by the Chamber and the citi zens of the community. J. W. Holmes of the amusement committee reported that the band concerts had been held for the pasl season and that to this the Chamber of Commerce had given $75. the re tail section $75 and the city of Platts mouth $4 50. T. H. Pollock of the agriculture eoirmittee reported that the Tri County Poultry association wished to hold their show here again in 1931 after two very successful years in the shows at this city. E. A. Wurl of the retail section reported that there had been the finest spirit of harmony and co-operation among the members on the various business matters that came up and that in their program they hael urged the lighting of the store windows at night, while the largest activity had been the staging of the visit of Santa Claus and the decora tion of the city streets during the holiday season that had been wide ly commented on. A. II. Duxbury of the civic im provement committee reported that this committee had workeel with the city and board of education in the securing of the new high school ath letic field as well that the city now had a cabin tourist park owned by Francis Toman at the south boun dary of the city. He also touched on the success of the clean up campaign and better gardens campaign of last spring. E. H. WESCOTT. SECRETARY President H. A. Schneider of the Chamber of Commerce, while taking the ejffice with reluctance, has enter ed on the service with his usual vig or and wideawake boosting spirit and this morning as the first act of his regime made the announcement of the appointment of E. H. Wescott as the secretary of the Chamber of Com merce. Mr. Wescott was secretary of the club a number of years ago when Mr. Schneider was president and Henry and Hilt made a reai combina tion in the affairs of the then Com mercial club. The new secretary was loth also to take office but recogniz ing the sacrifices that the president was making in taking his office, de cided to join in and do his bit to ward keeping the Chamber of Com merce at the same high standard that has been established by the out going president. C. C. Wescott. and doing their best for the advancement of Plattsmouth. Building-Loan System Marks Hundredth Year Campaign Planned to Promote More Home Building; and Saving Stock to Be Issued Building a' 1 loan associations of the United states completed 100 years of business Jan. 3. A nation-wide campaign is being inaugurated for the promotion of more home building and increased saving, according to plans announc ed by the United States Building and Loan League. Thrift, home, and cooperation have been the thoughts persistently em phasized by cooperative associations. That there Bball be a better under standing of their value, 1000 com munities have been urged to join in the campaign. Radio talks and pag eants depicting the history of the associations have been arranged. Building and loan societies were first known in England as early as 17S1, although cooperatives of a ccr tain type were active date. They first appeared in the United States in 18:51 with the formation of the Oxford Provident Building Association in Frankford. a suburb of Philadelphia The original association proved suc cessful and methods were improved, until in 1851 associations became an established part of American institu tions. Encouraged by news of the success and loan plan in he had come. J re calico maker, con- of the building England, whence mi ah Horrock, a ceived the idea of establishing an association in Frankford. those who joined him in and among the venture were Samuel Piling, of the dyeing business: Dr. Henry Taylor, of the medical profession; Isaac ShaJlcross of the teaching profession: Jesse Castor, of the legal profession, and Isaac Whitelock, who made carriage wheels. Like many a pioneer building and i loan organization, the Oxford Provi dent, as this first association war. ! called, had its beginning in a back parlor, the back parlor. In t act. en' a tavern. But most of the founelers be ing, according to the records, pledged to abstinence from intoxicating drinks, the only significance attach ed to the holding of the meeting at the tavern is that its proprietor. ; Thomas Sidebotham. was a well wish er of the venture. The first house financed by the Oxford Provident, on ! Orchard Street. Philade lphia, is still standing. And perhaps there exlsl ; no better example of good manage ment for the home buyer than the way in which this house was bought by Comly Rich out of the meager salary of a lamplighter. Copies of the treasurer's report of the original association, preserved in the vault of the Frankford Histori cal Society, will serve as souvenirs at the dinner observances all over the remit rv !"k:v. r the benefit of j those who do not attend. K. Holtby Myers, president of the league, will jmake an anniversary address in Los Angeles which will bo radiocast over a nation-wide hook-up. Stock Is I.st'.ed The basic pi in of il.esn associa tion is the issuing of stock, whicb is paifl for in monthly Installments, and the lending of the money thai raised to shareholelers. It has been a common practice to give the shares a maturing value of $200 each on which $1 per share per month is paid over the entire period daring which they are accumulating their part value. These shares are issued In serle:;. at stateel intervals, and eacb series extending from Coronation Gulf to runs its separate course in maturing. Borrowers are required to hold at least that number of shares whose par value equals the principal of the loan. In addition to their monthly dues borrowers pay a monthly Installment of interest on the loan. In Massa chusetts the monthly interest pay ment is the same as the monthly pay ment on the shares where the rate is 6 per cent. In some states Interest is charged on the unpaid monthly bal ance only. The proportion 'Of the monthly payment applied as Interest against the lo;.n constantly decrease i and the proportion applied against the debt constantly increase's. To illustrate how these associa tions help a man of small means let it be supposed he has purchased a lot of land and desires to erect a house. To effect a loan of $5000 he goes to the association and sub scribes for 25 shares or stock of a par value of $200. paying merero.-e $50 a month, of which half of the first payment is applied to principal and half to interest. The bank may lend an amount equal to 8 0 per cent of the fair market value of the house. Every month or every few months there will be money to be lent. When money is in brisk demand it is the policy of the associations to offer it to the highest bidder. The amount of the premium thus paid is added to the principal of the loan and the borrower is required to cover it with an equal value of shares on which he pays dues, as well as interest each month. Money Paid to Euilder If the premium he pays for the $5000 loan is $600, he takes out three more shares and pays there after $3 a month more in dues. The money lent for building a house does not pass into the hands of the bor rower but is paid directly by the as sociation to the builder as the work progresses. The plan appeals to the wage earn er because of easy payments. It ap peals to the small borrowers since it affords them a sort of savings bank and encourages saving. Massachu setts co-operatives have furnished an excellent example of this element of safety for, it is authoritatively stated, not since their incorporation in 1877 have the shareholelers lost as much as 1 cent. Such institutions under varying names exist in the United States to a total of more than 12,0o accord ing to the reports. They include l:;. 000,000 members and have assets of nearly $9,000,000,000. Originally these associations were confined to a town or locality, no loan being made beyonel the terri tory where mest of the members liv ed and knew the value of the prop erty. But within recent years both state and national associations have been organized, which tfo business anywhere within the limits of their territory. The management is usual ly lodged in a board of directors chosen from among the shareholders and whose members serve without pay. In 1930 the league's headquarters moved from Cincinnati to Chicago, where its directors are planning a five-year expansion program to add another billion dcdlars to the na tional assets of the business. To pro vide for more effective service to the field, the league was reorganized and the office of executive manager es tablished, with H. Morton Bodflsh, formerly of Northwestern University, serving In that capacity. Methodist Sun day School Has Annual Election Howard Davis Selected as the Supe: intendent of the Sunday School Have Fine Dinner. From Frlaay's Dally The annual meeting of the Meth odist Sunday school to select the of ficers for the coming year was held last evening at the church parlors, following a most delightful 6:30 din ner that was arranged by the school and wnien was enjoyed by some thirty of the officers and workers. In the selection of the officers fer the year the selection of the follow ing was made: Superintendent Howard Davis. Asst. Superintendent A. H. Dux bury. Treasurer W. L. Heinrich. Secretary Miss Margaret Mapes. Junior Superintendent Mrs. Harry Schulz. Primary Superintendent Miss Gladys Bushnell. Beginner and Cradle Roll Mrs. R. E. Bailey Chorister Mrs. E. H. Wescott. The Sunday school is one of the largest in the city anil with its many departments and classes has a place for the young and old ef all ages and with its graded system similar to the general school system has proven very successful. MUNGER RULING RESTRICTS POWER OF TJ. S. JUDGES St. Louis, Mo.. Jan. 9. A federal judge is without authority to order a person, convicted of viedating tht prohibition law. imprisoned in a penitentiary for failuie to pay a fine Imposed for the offense, the United j States circuit court of appeals held in a decision handed down here to day. The decision was in the case of Ijina Bonner, Fort Smith. Ark., con victed on two counts of sale anil two ! counts of possession of liquor. Judge Frank Y. Youmans sentenced him to three and a half years in prison and 'fined him two hundred dollars, or- tiering Benner to serve the entire time anil remain committtd in prison j until he had paid the fine. "It was erroneous to order his im prisonment for a failure to pay the ;fine Imposed," the decision, written by District Judge T. C. Munger, Lin- ;coln. Neb., and eoncurred in by Cir cuit Judges W. S. Kenycn and A. K. Gardner, said. FALL IN DOLLAR jVTENACING Shanghai Tho fall of the valne of the Mexican silver elollar in China to the lowest on record has almeist naralv7e:l foreign business anel com- mercial houses face a crisis. Some Chinese, however, professed Friday to see in the situation the possibility of quick industrial independence for : their country. With the silver dollar j worth only 22.12 cents gold, many j importers said their customers could ;not pay four silver dollars for for ' eign goods worth one dollar in gold. Many Chinese buyers refused to ! accept contracted goods from import ers, savine: the declining price of silver made it impossible to sell the articles without heavy losses. Domes tic trade as well as import and ex port business suffered acutely. Banks piled high with silver dollars re ported transactions near stagnation. no one being willing to risk buying or selling with the fluctuating and depreciating currency. Few buyers pessesseel enough silver to meet prices exclusively on a good basis. FEELING VERY POORLY Mrs. Joseph Yanek. one of the well known residents in the south part of the city, has been quite poorly for I the past two days and has Seen con fined to her home for the greater part of the time. The many friends of Mrs. Yanek will regret to learn of her illness andtrust that she may soon be able to show an improve ment. EDISON GRANDFATHER FOR THE FOURTH TIME West Orange, N. Thomas A. Edison is , Jan. 9. grandfather for the fourth time. A son was born last night to his daughter. Mrs. John Eyre Sloane, In New York. He is the fourth son cf the couple. The boy's name has not been decided on. Call No. 6 with for Job Printing. yonr rush ordei Keep the Wheels of Industry moving This week's dispatches tell us 100,000 men have been put back to work in shops and factories since January 1 st more encourag ing news is dotting the papers every day. The best way to push the good work along is for everybody to spend not extravagant ly, but wisely, for normal needs. Prices are very low. Your dollar today is worth a dol lar and a quarter as of a year ago. Buying now will keep men employed and put others to work. If you're needing a new suit of clothes, come 8 in and see what 19, 21 Wescofci's Bill Hoagland Again Shoots Ud the Town Sen of One of Omaha's Wealtiest Families Objects to Brand cf Liquor Served. Omaha -For the third time Within a year "Willie" Hoagland, twenty four, "drugstore cowboy," and scion of one of Omaha's wealthiest fam ilies, did his bit toward keeping the soirit of the old west, -arlv lli ve Fri- day. "Mounted" on his trusty twelve cylinder sports model. "Willi -' again shot up South Omaha in true wild I west style. Objecting to the brand of drink served at George Kubik's Emporium. Willie shot out the lights, i He and two Companions fled as police approached. As the trio drove uptown their progress was followed by pistol shots las Willie playfully "let go" at other drink palaces he doesn't like. Going to a street car barn Hoag lland parked his green car directly In front of the exit anil defied the jcrev-s on tho early morning runs from t -l ing the cars from the barn, ( iti izcr.s who report early for work were i fl.vo to ten minutes late as I result. Pursuing policem-n Anally caught up with the "cowboys" and placed them under arrest as they were start ing to hammer down the doer of an other elrinking place whieh had bee;i closed up a few minutes before. The other cowboys gave rimes of Ambrose Hlggins and Boniface Mor as. Following his second escalade la?t February Hoagland was released un der parole which stipulated he should net el rive a car for three years. Charges of carrying concealed weapons, driving while Intoxicated, violation of parole and po-si ibl- as sault with a derdly weapon will be filed against him, it was said at Coun ty Attorney Beal's office. When he was released in Febru ary his father promised to keep him n his ranch in Wyoming Where cow- boys are plentiful, but tho boy was allowed to return to his hone here on ; his promise to be good. State Jour- j nal. ARGENTINE PEACE SOCIETY PRESENTS KELLOGG MEDAL Washington. Jan. 9. A medal from "La orben de nlivio." an Argen tine society for peace, wan formally presented today to Frank B. Kellogg, former secretary of state, and Nobel peace prize winner, and now a judge of the world court, by the ambassa dor from Argentine. Manuela E. Mal bran, at the Argentine embassy. Phone yonr Job Printing order No. 6. Prompt service. Lumber ; The garment built for warmth and service. Made of heavy navy blue pea-coat cloth, cuffs, collars and trimmings of leather. An all-around work or "Knock-around" jacket, reduced to Same for Boys 0 CCCOOCCCCOGOOGCOCOOQJ or $23 will do for you. ACKNOWLEDGEMENT This is to thank the community, and to acknowledge a check of $2t received from Mr. August Keil south Of Cullom. These $20 are the pro ceeds received from the sale of four coyote carcases, suctioned off on the wolf hunt held on Dec. 26. 19.10. i north of the Eight Mile Grove Lu theran church. Mr. Alley of near iCullom bought them. The money received for them was turned over j to me. when we had returned from j our Christmas vacation, with In I instructions to use it for charity. I 'intend to use it in Tabitha Home at I Lincoln. Nebraska. It is an orphan ! and an old foik ; home. Thev h;ive 07 orphans and 02 old folks to gether with the helpers they have 114 in the Tablets Home family. It DO tl $10.15 a meal for these 144. or 7c I per person pe-r meal. I hey receive good food and good care but they can feed them so cheaply because they receive food supplies nearly all the year round from the Lutheran congregations of the United Lutheran I Church in this territory and besides from many friends. And Tabitha iHome has many friends. Twenty dol llars will pay for two meals, that, is iwhat I will apply it to. Folks I wish to thank you! You i not only keep the wolves away from the doors but you even make them serve to feed the poor, the old and the helpless, and the orphans. I thank you, A. LBNTZ, Pastor Eight Mile Grove Luth eran Church. CALLED TO MINNESOTA Mrs. John Fischer of near Mynard has been called to Standstone. Min nesota, by the serious illness of her father, Alois Mueinauer, whose re- covery is not expected. During the absence of Mrs. Fischer, Mrs. Joe the Wajrner of Omaha is caring for Fischer home at Mynard. FOR SALE Sweet clover and alfalfa hay sale. Also wood. Tele. 3903. S. for T. Gilmour. tfw. trv a Journal Want-Ad. s B K JL Sit Milt) & Installed in All Make of Cars QabelmaiTs PAINT STORE Jacks .'OO $3.00 i r