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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (May 27, 1923)
■Ttdvocates Operation of runk Railways Inoner Would Have States ndle Branch Lines—La Follette Takes Issue , With Scheme. ■ By Inherent Service. May 26.—Progressive lead ■day organized what will be B asVThe National Conference Hiuation of American Railroads." Hi have an organization in every I and will solicit the co-operntion ■e public. Inator Robert M. La Follette of bonsin, was elected national chair* ^Blie organization will fix its own ^nation of railroads, hoping to ae ^kplish. in a few months what the ^krstate Commerce commission has Hn working .on four years. With Ht end in view the new organization Bthorized the executive committee ■ retain legal counsel, engineers and Icounting experts. Bother officers are: ■ Representative George Huddleston, ilabama, first national vice chairman; jcnator Robert L. Owen, Oklahoma, |econd national vice chairman; Ed vard Keating, Colorado, third national uce .chairman: Representative \V. T. kgan. South Carolina, secretary, and lilliam H. Johnston, Washington, Bisurer. Hbservers tonight predicted that the Hfnfry Is on the eve of a stent bat ■ between corporate interests ami lampions of the public interests. Urjan Addresses Meeting. Hit was ns :i rentes; ntati'ge of the Kublic that Willinin Jennings Bryan ■ today said he wished to address the 'conference. Mr. Bryan spoke for two hours at the public session of the conference, advocating government ownership and operation of a trunk line reaching into every state, with branch lines owned and operated by the various states. Hinting that a compromise might be reached on the question of revalua tion. Mr. Bryan precipitate^ a clash with Senator IjB Follette, chairman of the conference, and its sponsor. ”1 am unalterably opposed to a compromise.” declared the Wisconsin senator at the close of Mr. Bryan’s address. / Political • observers attending the conference who Friday saw in it the possible foundation for a third party movement composed of farm-labor ele ments, today declared that no utter ance of the various speakers could be so construed. Charge Values Inflated. The J00 invited delegates wer* given to understand that the sole purpose of the conference was to lay plans for urging the Interstate Commerce commission to make an "equitable revaluation of the rail roads with a view to bringing down | freight and passenger rates and thus | _cut the high cost of living." Charges that values are greatly inflated were made by various speakers. "When I was invited to address this conference from the standpoint of the public I first examined its gen eral direction." said Mr. Bryan. “I found it was right. Then I accepted the invitation. "I am glad Senator La Follette has been placed in charge. “It is only when prominent,.persons connect themselves with a movement that things are done ” Mr. Bryan said he had not charged hia opinion of lW that "private monopolies are intolerable." although he was railed a nihilist because he favored giving the railroads a ‘Tea sonahle return on the cost of rebuild ing.” Favors I’. S. Ownership. ”1 believe the federal government ought to own a trunk line system running into everjf state,” Mr. Bryan continued. "The state*. und»r my plan, would own the feeder lines in their respective territories.” Developing his theme that while man was a flodmade creature, a corporation was man-made, and there fore subservient to him. Mr. Bryan brought the galleries into applause when he said: "I am in favor of keeping a man made giant from injuring a G-id-made H’UM.” It was his only attempt at an ora torial flight, the rest of th“ speech heing delivered In simple statements, often spiced with epigrams. Railroads. Mr. Bryan said, undoubt edly will claim the basis of valuation to be either the original cost of con struction or the cost of reproduction, adding: "Personally. I don't think we can decide which is correct now-, hut I believe in fighting for the best there is in sight.” It was this remark to which Senator La Follette took exception, asserting that he "would not be satisfied with a compromise.” Agriculture at l.nw kbit. tV. C. Langston, speaking for the farmers of th» country, declared thru agriculture Is at Its lowest ehb 111 the history of the t'nited States High freight rates were to blame for It. he said. Linns and mortgages aggregating $17,000,000,000, Mr. Tjtngston said, weight down the farm propertlra of the country, valued nt $77,000,000,000. Production last year totaled but $11, 000,000,000. With every slate In the so-called "farm bloc" represented nt the rail road valuation conference, a call was Issued for a national wheat conference to tw held In Chicago, June in and 20. The call was signed by Governors Preus of Minnesota, Small of Illinois, ltavls of Kansas, Hyde of Missouri, Donahey of Ohio, Nestor of North Dakota. Walton of Oklahoma, Sena tors Capper of Kansas, and Copeland of New York, as well aa executives of Various national farmers orgunlxa tlftns. "The dissatlsfield condition of s large portion of our agricultural popu lation Is very largely due to the price of wheat which, measured by the cost of production nr by the purchase power of the farmers' dollar, I* lower today than In a half century past," the call read. The object of the conference Is to geek to establish a fair price for Vb*t Jersey Bandit and Woman Kill Two Policemen Mkctfta -Hlcmr g SWt-n' oF ft-ji<wTy Barricaded in this little house in Jersey City, Frank J. Sage, alias Frank Miller, a Jersey “two-gun bad guy,” kiged two policemen and wounded two others when they sought to arrest him for participation in a J19, 000 payroll holdup. His woman companion, Mrs. Martha Muear, alias Miller, Is alleged to have killed one of the policemen and to have loaded the pistols, while Sage kept up the fight. He was not arrested until overcome with tear-gas bombs. Infuriated policemen beat him terribly and would have killed him but for the pleading of Deputy Police Chief Thomas Wolfe, who captured him. Good Will Found in Western Trade Trip (Continued From Phe* One.) taught by the period of depression are bound to be of lasting benefit.” I... B. Clough, M. E. Smith & Co.: "Business although not quite normal j in some sections, taken as a whole shows a healthy condition. Prospects for fall business are very good. The copious rain* of last week makes crop conditions as good as could be ex pected. All merchants are In good spirits, much better than a year ago,” Optimism Is General. E. E. Pearce, Paxton & Gallagher Co.: “We found a general optimistic feeling. Everyone Is looking for a good season's business and the res toration of oldtime trade conditions. Stocks are clean and collections show a gradual Improvement. Our trig was most timely and apparently ap preciated." H. G. McGowan. Fairmont Cream ery company: “Interested as we are in the farmer and his produce, this ex- I cursifin has proven especially valu- j able to us. A striking thing Is the ■ promise of more extensive dairying j In the western half of Nebraska and j certain parts of Wyoming. Dairying, 1 in the largest part of the territory covered, in the farmers’ best bet. They are realizing this fact, and the tendency is toward more intelligent 1 selection of dairy herds. There is also an increase in purebred poultry. Cows and chickens spell success for the farmers when everything else fails." Trip Satisfactory. Roy E. Byrne. Byrne-Hammer Dry Goods company: “Wo never made a more satisfactory trade trip. Mer chants everywhere speak with reviv ing enthusiasm of the prospects for excellent summer and fall business. Stocks of merchandise, while not large, are well balanced. As never , before, country merchants appreciate j the special service facilities which | the Omaha market is prepared to render the merchant, who is working 1 for a more rapid turnover of his buai f ness.” Don T. Gee. Beebe & Runyan Furni : ture Co.: “Eor many years our firm i has been tn close touch with condl I tions in the territory that we have i covered on the trade trip, and from observations that 1 have made, In i comparison with previous excursions, i have never seen the country look I better, crop conditions more ideal, and merchants any more optimistic than now.” First Trip I’leases. .1. K. Burnt*. 1'nited States Rub 1 tier company: "On this, my first Omaha trade excursion, I am more than pleased with results obtalnsd. I firmly believe that conditions are rapidly Improving and thA the out . look for fall business is good. All men'hants Interviewed were excep I tlonally optimistic and expressed ! pleasure In being able to meet so many representatives of Omaha* 1 manufacturers and Jobbers. The | heavy rains hate stimulated busi ness greatly." Bruce Cunningham. Pioneer Glass ind Paint company: "There are two .natters that I have notlnd especially. Rural communities and farmers are r> .-dicing that It Is cheaper to paint than not to. They are expending money on a large scale for paints snd vei-nlsh-s, not simply for beautlflcu lion, hut for protection of their property. Thp second Is the snappy, neat and Up-to date manner In which ihe merchants are 'displaying their merchandise, both In Improved store fronts and Interior displays." Two Towns Co Operate. I’ H Garrett, llsrle Hass company: "The ' Council Bluffs contingent has thoroughly enjoyed the trip. They appreciate the courtesy of ihe Omaha business men In asking them to make ih» trip. Omaha and Council Bluffs business men are working side by side. Their region covered Is one In which the resources are unlimited. Prospects for this year are great, and the country merchants are happy, the people greeted us royally." K. V'. Peck. Rurgess-Nash com pany: "Owing to the fact that 1 was the only retailer on this wonderful trip, 1 felt very much handicapped. In spite of this fact, 1 thoroughly enjoyed It, and fed well rewarded." Small Ruiihrk Wheal Crop. Topeka, Kan., May 28.—Kansas will harvest Its smallest w inter wheat crop in flvo years—99,518,000 bushels—ac cording in Mav estimates issued to day by the stnte board of agriculture. Last year’s production was 118.745,000 bushels. The hessian fly. cinch hug and late rains are contributing causes for th* small ylsld Bank Deposits Show Bis: Increase During Past Year Quarterly Report Filed With Secretary of Trade and Commerce Shows busi ness Growing Stable. Special DlHpfttrh to The Omnha Bee. Lincoln-. May 26.—Deposits in 949 state banks in Nebraska have jumped $23,032,934.74 in the last year, accord ing to figures compiled in the office of J. K. Hart, secretary of the state department of trade and commerce. These figures were obtained from the regular quarterly report of banks at the dlose of business March 28, 1923. In 1923. deposits totalled $250,170, 141.45, while in 1922 the total de posits were $227,137,206.67. Loans and discounts a year ago were $208,285,3 35.65, while this year at close of business March 28, they totalled $213,067,461.87. The Hart re port follows in full: Rttaource*. I.osns and discount* . ... .2213,667,461.87 "verdraft* . 1.148.155,74 Bond*, securities, judgments, claims, etc . 12.186.703 46 Dun from banks . 44.356.321.2D Banking house, furniture nnd fixtures .. 7.131.562.63 Other real estste . 4.385.199.60 Current expenses . 6.31s.776 6 9 c-ish items . 133.980.47 Cash . t.446.917.10 Total . . . 9297,772,678.95 Inabilities. Capital stock .$ 24,559.700.00 ■Surplus . 7.377.047.21 I ndivldetl profits . 6.531.427 48 Dividends unpaid . 70,743.24 Individual deposits aubfect to check . .$1 12.239.498.65 Certificates of deposit ....130.420,475.35 Hue to bsnk* 7.510.167 62 260.176,141 45 Bills payable and notes re dlscnunl-d 7.674.753 95 Depositor's guaranty fund ., 1,159.865.68 Total . 1297.773.678 95 Heralding Happy Vacation Days Come These New Arrivals in White Footwear f / Unusually clever are the many styles repre sented in this assort ment. White Glazed Kid Sandals—White Glazed Kid Strap Pumps with flexible soles and wooden Cuban, baby or high Spanish heels—White Nile Cloth Oxfords— White Nile Cloth Strap Pumps with light weight wcdt soles and wooden Cuban heels—White Glazed Kid Sandals with red, green, blue or gray kid trimmings. Shoes for Street, Sport, Semi-Dress and Dress Wear Prices Range From 6.00 to 12.50 Third Floor— Eait ANNOUNCING—THE LAST GREAT MAY SALE OF WALL PAPER _____ Only three shopping days left in May. Already the biggest month of the current season, we arc conducting this huge sale in the hope of making May, 1923, the biggest month of anv season. Help us realize our hope by helping yourself to the unprecedented wall paper values included in this great month-end sale. FIRST DAY FEATURES _ Light Colored Papert to brighten up that attir or basement room. Kitchen I papers in block stripe and | allover effects. Extraordi nary values, sold only i with dainty bor- ^ 1 | ders to nmteh. .. -a-1 Plain 30 inch Oatmeal Paper* in all the wanted abswli**. beau tiful bedroom paper* in floral, |stripe and allover chintz ef fects. Pretty papers for the -parlor, dining room and hall in n variety «»f patterns. Values to 24r; attractive Q borders to match. --- Washable Varnished T i I a Papers for the kitchen and bath. Regular 26c grade. Harmonella blends, the popular .'Ill-inch paper suit able, for any room in the house. Regular Mr Deco rative borders and .. *N LAST MAY SALE-SPEC! AI j Tapestry papers; for the living room, hall and dining room. A large variety of patterns in the most de sired workings and colorings included in this lot. Many patterns worth OA* up to 90c per roll; specially priced for Saturday at, per roll. “ Ted-Jed-Sokol Tournament to He Held at Dodge in August Kremont, Neb., M^y 26.—The ns i :onal tournument of the Ted-Jed SuKol Ciymn.ist society will be held at Dodge August 1819. with participat ing classes from Chicago, Minne apolis. Boston and other points. A spcciul meting of the business men of nodRfi and the Tricounty Community club wag called to cum plete the necessary arangements. Medals will be awarded by Judges appointed by the national body to the classes In nil calisthenlc drills, con tests, exercises and turning. The spe cial committee in charge of arrange ment* are P. A. Janeeek. Thomas Vo geltanc, J. It. Miller, John Mikes and R. J. Zaloutlek. Randolph Farmer Killed hv Falling Haymow Door Special IMspatrh to The Omaha Bre. Randolph, Neb., May 26.—Albert Jelinke. farmer. 65. van acci dentally killed when a large haymow door fell, striking him on the head. A wife and several grown children survive. —Monday—A Real Value Sale of— Made by The Elder Mfg. Company and bought by ub at such a price advan tage that we will sell them Monday at Silk Stripe Cloths Fine Woven Madras Besson’s Pongee Fine Poplins Fine Repps Highly Mercerized Oxfords In collar attached style with the new low collar and the regulation soft collar in several of the most desired stylings. There are button-down style collars and neckband styles for those who wish them. Plenty of white, tan, gray, blue, neat striped, new oheck. Silk striped shirts and shirts of finest woven madras;__Sizesl^£tol7i4;_You should Buy at Least Six, MONDAY!—It Will Pay! Main Floor—South They’re Buying Them at Brandeis _r' nrrr—>._(T~~ Smart and New Style and Comfort in Brandeis Straw Hats The weather man says wear ’em— style says wear ’em. Comfort, style and price, all three, say, “Buy it at Brandeis”—for there is comfort in every shape that we have—style in every model—and value is self-evi dent by the low prices quoted below. - Every desired style is in our stock —and a price that you will want to pay—they’re surely inviting buys at 1.65 2.45 2.95 and Up—according to style and material Fourth Floor 4 Buy Your Clothes at Brandeis While This Big Sale Is On Men’s Suits 2500 Of Fine All Wool Fabrics —... : Kvery suit is a good style, every mat crial all wool, every suit well tai lored and well finished. They nre reduced only because sizes are brok en, and for that reason we do no wis h to carry them as regular stock. Wo hav. made the reductions imi>ortant enough to effect immediate dis posal. Make vour selection early. These Are Our Standard Grade s Most of Them Are From One of America’s Leading Makers Every Garment All Wool Ill'* lIUPKt twroda. cattsltueroa aud chrrlnta, slid beautiful «orst*d* that ar* adaptable tor *11 round wrai All aits* at* Included limiu l*r*, Stout*, Slims arid Short*. smttle and double breaeted aark aulU. nV.renia and coutei vativ* model* are Included. Sjwt* model* In a great \artetj of Norfolk aud belied effect a. Fourth Floor