1I0HDAY. MABCH 7. 1932. FLATTS1X0TTTE SEMI- WEEKLY JOTTBHAI PAGE TERES 1 TTbe IPIattsmouth Journal I FPTSr.tSilF.il SEUI-WEEZLY AT PLATTSMOUTH, BEBBASKA 9 tared at Poetoffice. Plattamouth, Neb., as second-class mail matter R. A. BATES, Publisher SUBSCRIPTION PRICE $2.00 A YEAR IN FIRST POSTAL ZONE Subscribers living In Second Postal Zone, $2.50 per year. Beyond 600 miles. $3.00 per year. Rate to Canada and foreign countries, $3.60 per year. All subscriptions are payable strictly in advance. Slogan first. for 1932: Save America :o:- Tbere are three genders: mascu line, feminine, and crooner. :o: You can't quiet a radical by means of a soft answer. It takes a soft snap. :o: Japan may yet find out that the longest way to her place in the sun is via Mars. :o: . Now all you need to do to get Fed eral aid is to disguise yourself as a corporation or a farmer. :o: Poor Europe! She simply can't pay Uncle Sam while keeping her self in condition to lick him. :o: Too many geese that were sup posed to lay golden eggs turned out to be geese that laid goose eggs. :o: ' The Revolutionary War wasn't started on coffee grounds, but tea leaves played a considerable part. :o: In view of the mineral deposits in Manchuria, maybe Japan has revised her policy to favor the opened ore. :o: Japan really doesn't want Man churia. All she wants is the rail roads, ports, mines, banks, and busi ness. -:o: But if Prohibition causes more drinking, how can repeal increase the quantity of grain used in dis tilling. :o: What we need are filling stations where motorists can have sense put in their beads while they are getting gas put in their tanks. :o: Every town, the Lowry City (Mo.) Independent comments, has its "city managers' who sit around, watch other people work and criticize. :o: . Members of the Nine-Power Treaty group may request Japan please to make a solemn promise to stop break ing the solemn promise it made ten years ago. . Running 'for office isn't as strenu ous a . Job as it once was, because since germs have been off ically in troduced . mothers don't want their babies ; kissed. ' -:o:- ' The Omaha man who worked on a newspaper, puzzle for fifteen years and finally gave it up illustrates the trouble with so' many of us at this time.- We won't stick to anything long enough' to get the desired re- BUltS. linage's Hampshire Bired Sow Sale Tuesday, March 15, 1932 nEriAWEXl GALES PAVHJOn - Commencing at 1:30 O'clock, Sharp This offering of sows (due to farrow in March, April and May) is equal la value to those sold February 1st. All are bred to the same boars as the February sale. Also offering 10 head Sept. boar pigs. Where five or more head are bought to go into the same county within 75. miles, we will make free delivery. Write for catalog. ; v Hainry Kmialbe AST THOMPSON, Auctioneer J. L. 1TTTJ.ETI, Fieldman Representing the Journal-Stockman Press-agents have stopped having mcvie actresses lose S0, 000 neck laces. Even movie fanB know that for nearly two years all the $80,000 necklaces have been up as collateral :o: If we each resolve not to read bocks about the Bible written by professional authors, and books of lction and politics written by preach ers, we shall be just about free of all our reading obligations. :o: Jud Tunkins says it ought to oc cur to some of the lads who are try ing to run governments that if wars could do any real good, we've already had enough of 'em to bring this world to a state of complete perfection. :o: And after following the Seabury disclosures for more than a year, it seems to us that the best way to succeed in New York politics is to start at the bottom and work every body. :o: Speaker "Jack" Garner wants it distinctly understood by President Hoover that he and the other Dem ocrats helped pass the Hoover bills. And if these bills don't work out so good, maybe Mr. Hoover will be mag nanimous and let the Democrats take the full responsibility for them. :o: WOMEN NO BETTER JURORS When equal suffrage became ef fective a decade ago it was predict ed that government and politics would be placed upon a higher moral plane. This desired end has not been achieved, and the same kind of poli ticians are being elected as ever. Women, too. are now named as jurors, and in this field they do dif fer from men, and not always in a favorable light. Either they are more careless and get caught when engag ed in questionable practice or else they have less regard for the proper ethics. Two Detroit women recently on a Jury prevented the conviction of a banker. Within a short time after the trial they were found in the rooms of the man they had freed. The latest incident is that of a Minneapolis woman sentenced to six months in jail and fined $1,000 for contempt of court by perjury. She deadlocked a jury trying a promoter for mail fraud. She had denied hav ing been employed for years. It was revealed that she had worked for the man whose case she heard as a juror. Possibly women offenders attract more attention because they are rare, but these cases would indicate there is little to choose between men and women when it comes to probity and honor. From the Miami Herald. 75 Head of BRED SOWS and GILTS NO WONDER WORLD CONDEMNS JAPAN When the martial spirit grips country as it has gripped Japan, all rules of logic that govern the thought of a people at peace seem instantly to be suspended. Otherwise Japan would hardly express the surprise it does at the world's reaction to its present course in China. How can the world feel other than as it feels toward Tokio, par ticularly when it bears in mind those appalling conditions in interior China which Mrs. Charles A. Lind bergh touched ou Sunday in her ra dio plea for flood relief, and whidh David A. Brown, chairman of the American sommittee. discussed in larger detail? The flood which swept the Yang- tse basin last fall is the greatest na tural disaster in recorded history the greatest in number of lives des troyed, in property wiped from ex istence, in human beings pauperized, subjected to starvation, exposed to disease and thrown into abject wretchedness. Roughly, two-fifths of the huge population of China has been affected in greater or less de gree by the catastrophe. Three hun dred districts in 17 provinces were obliterated for weeks beneath the water. It was as if the Mississippi, between St. Paul and the gulf, were suddenly to break its barriers and roam unchecked for leagues on either side, destroying the property and killing or endangering the lives of almcst twice the population of the United States. The number of Chi nese thus affected is given at 180 million. Only now is the Chinese govern ment, with such aid as it receives from without, beginning to get .the aftermath of the calamity in hand Through the fall and early winter its problem has been the preserva tion of life among millions cf home less, starving sunerers. aow it is faced with the problem of restoring these people to their land from which the water has receded, and supply ing them with seed and facilities to plant their holdings. No other gov ernment today is faced, or has ever been faced, with so tremendous and urgent a task, and no one is subject ed to the distractions which keep all authority in China on the verge of dissolution. Japan, selecting such a moment to become an international hoodlum and turn its savagery loose on a stricken people, commends itself to the pro found abhorrence of the civilized world. Japan, to whom the world rallied with quick, abundant sym pathy when an earthquake struck its acpital not many years ago, need not complain now that it is misunder stood when, instead cf lending the solicitude and practical aid that flow from any well-disposed people to a neighbor in times cf stress, it seeks to dismember a country already shat tered in resources and morale by forces quite outside its own control. Detroit News. :o: BRACING BUSINESS Signs of a distinct improvement in the financial situation are to be seen in the announcement of the comptroller of the currency that no national banks failed in the last two weeks of February, and no member of the federal reserve system, which also includes elate banks, in 'the las tten days. The importance of this announcement is shown by the fact that February 9 was the first day in nearly two years in which no bank closed in the entire country. The im provement noted by the comptroller is the natural outgrowth of the work of the Reconstruction Finance Cor poration, and probably, of the con fidence imparted by the knowledge that the federal reserve act was to be amended, to increase the lending powers of the central banks. The Glass-Steagall bill, so amend ing the federal reserve act, is now law, and while there may be seme failures in the future (as there al ways are under normal conditions), it may be expected that their rate will be greatly reduced. Tremen dous stabilizing forces are in oper ation, protecting banks by permit ting them to borrow on good secur ity that hitherto has been ineligible for the purpose. The protection of banks of their depositors, however, is not the sole object behind such measures as the Glass-Steagall bill. They are expect ed to improve the position of legiti mate borrowers from the banks by making additional credit available, and so to promote greater business and industrial activity. It remains to be seen how the lending policies of the banks generally will be af fected by the new arrangements. If they respond as they should, business prospects will be correspondingly im proved. :o: - The Journal will epp racist your phoning In news Items. Cell tU. 8. Thanks! ONE TARIFF WALL DESERVES ANOTHER There is one economic measure of reconstruction that President Hoo ver has not recommended. How im portant an element our foreign trade has become in the crisis may be realized from th seurvey of the for eign tariff situation, for 1931, by the head of the commerce depart ment's division of foreign tariffs. The increase in foreign import duties, it is declared, play no small part in the decline of $1,400,000,000 in the value cf American exports last year. No one can make a worthwhile survey of this country's present de pression and leave cut that fact. The report is not hopeful concern ing future trade developments. "The measure in process." it says, "and the plans in prospect in the various countries early in 1932 foreshadow still further contraction in interna tional trade during the year ahead, including many markets of primary interest to American exports." The British abandonment of a free trade policy is accepted as "of a more or less permanent character." The British now seem committed to the piinclple that one wall deserves an other. Gold embargoes, quota limitations and various "controls" now affect foreign trade adversely, but the main threat to commerce comes from the general revision upwards of tariffs. One nation can get away wtb a pol icy of severe restriction on imports and profit by it perhaps; but when all nntions try it at once there comes a trade slump like what comes from a world war. American branch factories abroad are being established at a startling rate in consequence of the narrow ing cf the channels of international commerce. An official statement of the Canadian government shows that United States industries are estab lishing branch plants in the Domin ion alone at the rate of mere than two a week in order to get inside the Canadian tariff wall. This is due largely to Canadian reprisals against the American tariff laws. Yet the Hoover program of economic revival ignores this situation. Springfield Republican. :o: A LONG SETBACK FOR SHORTS In laying down the rule that brok ers must obtain the expressed eon sent of customers before lending their stock to a short seller, the New- York Stcck Exchange has bowed to the public clamor that steps should be taken to curb the more notor ious abuses associated with short selling. The handwriting on the wall. If the exchange h2d done noth ing. as seemed likely from the series of defenses put out by its president Mr. Richard hltney, it was very probable that the Federal Govern ment would have repaired the oinis sicn. and instituted a much more radical restriction than might have seemed desirable. What exactly does the new rule mean? The ramifications are pretty involved. Let us say there are two speculators, A. and B, one a buyer on margin and the other a short seller. Speculator A gives an order to his broker to buy a certain stock. Since he is not buying it outright, but has to rely on his broker to bor row part of the money for him, the stock remains in the possession of the broker. Speculator B comes along with an order to sell the the same stock short. Now, a short sale is a transaction in which the seller contracts to de liver a specified number of shares at a price set at the time of the short sale. Until he "covers" or buys the stock in, he must borrow the shares for delivery, as the buyer clearly cannot be kept waiting. So Specu lator B applies to the broker who has so many shares on hand which his customers have bought on margin. And he borrows the scrip until he has made his purchase, when the borrowed paper is replaced with the new. This procedure can mean only one thing. Speculator A, who buys on margin in the expectation that his bought shares, for which he has put up real money, will rise in price, finds that this very paper is being used by Speculator B, who has only borrowed it, to beat down the price. It may indeed happen that the club is wielded so effectively that Specu lator A is compelled to throw his scrip overboard at panic prices. If there ever was a ridiculous situ ation, here it is, and the fact that it has been tolerated for so long may be counted among the world's won ders. For it is not only the loss suffer ed by Speculator A that must be con sidered, but the depreciation of in vestors' holdings and, even more im portant, the damage done to credit and to confidence throughout the tkuinoM structure. But many people who afjait j&e in b uyinq... you save in 7(r BAKING LrdVy POWDER ""'roaovER 0 YEAR IS ounces for 25 (Z 3Z grave abuses connected witt short selling have been chary about ad mitting the wisdom of what is often said to be the next step namely government regulation. The two ad missions do not necessarily go to gether. Government regulation has put many lines cf economic endeavor in a strait-jacket and has kept them so confined long after the reason for the initial discipline has disappear ed. Nothing can take the place of self-discipline. Hence the action of the stock ex Change is a Ftep in the right direc tion taken by those who ought to take it. It will automatically rule cut perhaps half of the short sell ing. To that extent it will protect the holdings cf legitimate investors equally with those of margin specu lators against the hammer of thort selling. - :o: UNWIELDY BUREAUCRACY Just after Speaker Garner and the house democrats had announced their purpose to bring about a sweep ing reorganization and economies in the government service, the president sent a message to congress demand ing legislation for the same objects. But in this coincidence there is noth ing suspiciously political. The sub ject is one which Mr. Hoover has often pressed upon public attention and upon congress. The movement for administrative reform dates, in fact, far back. Congress itself has worked at the job. Senator Smoot headed a committee which spent months in ascertaining the facts and which mr.de a report recommending many changes some of them like those now proposed by the president. Cut little cr nothing has been done. Yet the immense and unwieldy government bureaucracy fairly cries aloud for reduction and recasting. Mr. Hocver puts the case well. There is today an intolerable amount of overlapping and inefficiency and waste in the executive departments. If the system were taken in hand as it would be in the case of any great business corporation, a multitude of superfluous employes could be dis pensed with, and millions could be saved w'hile enhancing Instead of lessening the efficiency of the gov ernment machine. The plan will be praised by every body, but uncounted obstacles, per sonal and political, will be thrown in the way of its execution. This has been the invariable experience in the past. Whenever a scheme has been put forward to abolish needless officers, to check government agen cies and bureaus in their constant tendency to expand their functions and to call fcr higher appropria tions, powerful interests have gone to work to block the endeavor. To create a new commission or to en large an old one is easy. To extin guish it when it has become obsolete or too costly that is the difficult and almost impossible thing. A similar opposition will undoubt edly spring up against introducing order and economy into the govern ment service, whether by the presi dent or by congress. But if it ever is to be overcome, it should be and can be at a time when the most stringent cutting down of public ex penses has become imperative. So it is to be hoped that both Mr. Hoover and congress will roll up their sleeves and sharpen their knives. The coun try will accept and act upon a plea of poverty. New York Times. :o: A correspondent calls upon Sen ator Borah to outlaw the war now in progress in the far East, and put a stop to the murder that is going on. senator iioran nas not tanen any action at this moment, and we don't believe It's worth while waiting for him any longer. But rather than let the war continue for lack of outlaw ins, we'll outlaw it. That ought to put a stop to it. PUBLIC AUCTION The undersigned will sell at Pub lic Auction on the Alex Campbell farm, two and one-quarter miles east and a mile and one-quarter south of Murray; six miles north and two miles east of Union: six miles south and one mile east of Plattsmouth, on Thurs Mar. 10th beginning at 10:00 o'clock a. m., with lunch served at 12 o'clock by Lewiston Ladies (proceeds go to the Lewiston cemetery), the following described property, to-wit: Four Head of Horses One team black mares, 11 years eld, weight 3000 lbs.; one sorrel mare, 11 years old, weight 1420 lbs.; one brown horse, smooth moutb, wt. 1400 lbs. Cattle and Hogs One brindle cow, part Jersey and Red Polled, six years old; one Red Polled and Guernsey cow, six years old: two stock calves. Five brood sows to farrow in May; six shoats, averaging 100 lbs. each. Farm Machinery One high-wheeled box wagon; one hay rack and truck; one 4-whoeled John Deere lister; one John Deere two-row; one Emerson disk; one 2 section harrow, C-ft. sections; one P & O riding cultivator; one Jenny Lind walking cultivator; one P & O sulky plow. 16-inch; two walking plows. 12 and 16-inch; one Rock Island feed grinder. 10-inch burs: one hay rake; two gas engines. 21.-h. p.; two pump jacks: one 3-barrel galvanized tank; one 30-gallon copper kettle: one Voss power washer; one grind stone; one CruEO cream separator, 550; some harness, and other articles too nu merous to mention. John Campbell Estate Peter Campbell. Administrator of the estate of John Campbell, deceas ed, will also sell at this sale the fol lowing: One farm wagon: one hay rake; one bob Fled; one Jenny Lind cul tivator: one walking lister; one 2 section harrow; one 1-horse drill; one 14-inch stirring plow; one double shovel cultivator; one set lHs-inth harness; one Fordson tractor, and one grind stone. Terms of Sale All sums of ?25.00 and under, cash in hand. On sums over 125.00. credit may be arranged with the clerk of sale on bankable paper. All property to be settled for on date of sale. L. E. ELLIOTT, Owner. REX YOUNG. Auctioneer W. G. BOEDEKER, Clerk Everybody speaks hopefully about the Reccnstruction Finance Corpor ation. It is believed that General Dawes can cure our ailments just as thoroughly as he cured Germany's. NOTICE TO CREDITORS The State of Nebraska, Cass coun ty, ss. In the County Court. In the matter of the estate of Flor ence Rosellia Patterson, deceased. To the creditors of said estate: You are hereby notified, that I will sit at the County Court room in Plattsmouth, in said county, on the ISth day of March. A. D. 1932 and on the 20th day of June. A. D. 1032, at the hour of ten o'clock in the fore noon of each day to receive and ex amine all claims against said estate, with a view to their adjustment and allowance. The time limited for the presentation of claims against said estate is three months from the ISth day of March. A. D. 1932 and the time limited for pa3ment of debts is one year from said 18th day of March. 1932. Witness my hand and the seal of said County Court this 19th day of February, 1932. A. H. DUX BURT. (Seal) f22-3w County Judge REFEREE'S SALE Notice is hereby given that by virtue of Judgment in partition en tered on the 20th day of February, 1932, confirming shares in the case of Humphrey Murphy, plaintiff, vs. Joseph P. Murphy, Margaret Mur phy, Edward W. Murphy, Agnes Murphy, Bradford J. Murphy. Mar garet Murphy, Catherine Wonder, Charles J. Wonder, and Ershal Mur phy, then pending in the District Court of Cass county, Nebraska. wherein the undersigned was ap pointed referee to partition the land involved in said action: upon re port of the referee that physical par tition of the land could not be made without great prejudice to the par ties it was thereupon ordered and adjudged by the court that said land be sold and the proceeds thereof be divided into shares between the parties as theretofore determined Pursuant to said Judgment of the court, the undersigned referee will. on the 31st day of March, 1932, at ten o'clock a. m., of said day at the south front door of the court house in Plattsmouth, In said county, sell the said real estate, to-wit: The SE4 and the N4 of the NEi of Sec. 20, Twp. 11, North Range 12, east of the 6th P. M., in Cass county, Nebras ka at public auction to the highest bid der for cash, ten per cent of the bid to be paid at the time of the sale and the balance of the purchase money to be paid upon confirmation of sale and making deed by referee. Said sale will be made subject to a mortgage in the sum of $1842.12. with interest from Jan. 1, 1932 at 5 per cent, to the Lincoln Joint Stock Land Bank on the N of the NEVi of Sec. 20, Twp. 11, North Range 12. Dated this 26 th day of February, 1932. J. A. CAPWELL, Referee. D. O. DWYER, W. L. DWYER. Attorneys. t29-iw. LEGAL NOTICE To Alexander -M. dayman, Alex M. Clayman, George Snyder, William Statler, William Stottler, and all per sons having or claiming any interest in or to the south half (Si) of the southeast quarter (SE,i ) of Section 19, in Township 10. North of Range 14, East of the 6th P. M., in Cass county, Nebraska, real names un known. Defendants: Notice is hereby given that Annie R. Heafey, as plaintiff, has filed in the District Court of Cass county, Ne braska, her petition against you as defendants, praying for the decree of said court barring and excluding each and all of you from having or claim ing any right, title, interest or lien in or to said described real estate, and quieting the title thereto in plaintiff in fee simple. You may answer said petition in said court at Plattsmouth. Nebraska, on or before March 28. 1932. ANNIE R. HEAFEY, riaintiff. By WM. H. PITZER. Attorney. fl5-4w SHERIFF'S SALE State of Nebraska. County of Cass, ss. By virtue of an Order of Sale, is sued by C. E. Ledgway, Clerk of the District Court within and for Cass County, Nebraska, and to me di rected. I will on the 2nd day of April A. D. 1932, at 10 o'clock a. in. of said day at the south front door of the Court House, in the City of Plattsmouth. in raid County, sell at public auction to the highest bidder for cash the following described real estate, to-wlt. The north eighty-seven (87) feet of Lots one (1). two (2). three (3) and four (4). Elock four (4). in the Original Town of Plattsmouth. Cass County. Nebraska, as surveyed, platted and recorded, together with all the appurtenance thereunto be longing, t-ubject to the lien of Occidental Building and Loan Association; The same being levied upon and taken as the property of Edith Mar tin, defendant, tosatisfy a Judgment of said Court recovered by Becker Roofing Co., defendant and cross petiticner, against said defendant. Plattsmouth, Nebraska, March 1, A. D. 1932. ED W. THIMGAN. Sheriff Cass County, Nebraska m3-5w ORDER OF HEARING and Notice on Petition for Set tlement of Account In the County Court of Cass coun ty, Nebraska. State of Nebraska. Cass county, ss. To Alice Shipley, Jack Graves and Clifford C. Graves and all persons in terested in the estate of Drury M. Graves, deceased: On reading the petition of Ralph J. Nickerson, Administrator de bonis non, praying a final settlement and allowance of his account filed in this court on the 19th day of February, 1932, and for order of distribution of the funds in his hands as Adminis trator de bonis non, and for dis charge; It is hereby ordered that you and all persons interested in said matter may, and do, appear at the County Court to be held in and for said coun ty, on the 11th day of March, A. D. 1932, at nine o'clock a. m., to show cause, if any there be, why the pray er of the petitioner should not be granted, and that notice of the pen dency of said petition and the hear ing thereof be given to all persons in terested in said matter by publishing a copy of this order in the Platts mouth Journal, a semi-weekly news paper printed in said county, for three successive weeks prior to said day of hearing. In witness whereof I have hereunto set my hand and the seal of said Court this 19th day of February, A. D. 1932. A. H. DUXBURY. (Seal) f22-3w County Judge. NOTICE OF HEARING on Petition for Determination of Heirship EBtate of Stephen Osborn, deceas ed, in the County Court of Cass coun ty. Nebraska. The State of Nebraska, To all per sons interested in said estate, credi tors and heirs take notice, that Wal lace J. McClelland has filed his peti tion alleging that Stephen Osborn died intestate in Cass county, Ne braska, on or about August 10, 1879. being a resident and inhabitant of Cass county, Nebraska, and died seized of the following described real estate, to-wlt: South half of southeast quar ter (S SE4l of Section four teen (14). Township twelve (12). N. Range nine (9). east of the Cth P. M., in Cass coun ty, Nebraska leaving as bit sole and only heirs at law tbe following named persons, to wit: Elizabeth J. Osborn, widow; Jessie Osborn; Stephen Osborn, Jr.; William Osborn; Harry Os born; John Osborn; Eddie Os born; Martin Osborn; Comfort Dry son and Mary Abel, child ren; That the Interest of the petitioner herein in the above described real estate is that of a subsequent pur chaser, and praying for a determina tion of tbe time of the death of said Stephen Osborn and of his heirs, the degree of kinship and the right of descent of tbe ral property belonging to the said deceased, in the State of Nebraska. It is ordered that the same stand for hearing tbe 25th day of March, A. D. 1932. before the court at the hour of 10 o'clock a. m., at the court house in Plattsmouth. Nebraska. Dated at Plattsmouth. Nebraska, this 24tb day of February, A. D. X932. A. IL DUXBURY. (Seal) f29-3w County Judga.