The Omaha morning bee. (Omaha [Neb.]) 1922-1927, July 03, 1923, CITY EDITION, Page 6, Image 6
The Morning Bee M O R N I N G—E V E N I N G—S U N D A Y THE'BEE PUBLISHING CO.. Pohllshera. MEMBER OF THE ASSOCIATED PRESS The Associated Press, of which The Bee Is e member. Is flduiivelT entitled to the uae for republicatiun of alt news dispatches credited to U or not otherwise credited tn thla paper, amt also the local news published herein. All rights of republlcatlone of our special dispatches are also reserved. BEE TELEPHONES ' Privata Branch Exchange. Ask for the Department AT lantic or Person Wanted. For Night Calls After 10 P. M.: i nnn Editorial Department. AT lantic 1021 or 1042. ,wv OFFICES Bain Office—17th and Farnam Co. Bluffa - • - IS Scott St. So. Sid*. N. W. Cor. 24th and N New York—286 Fifth Avenue Washington - 422 Star Bldg. Chicago - - 1720 Stcger Bldg. WINGS ON THEIR FEARS. Franc* fears Germany, and England fears France. Fears and distrusts. That is the stuff out of which wars are made. As part of its general European policy, France has built up an immense military air force. More than anything else, the existence of these 140 air squadron* has alarmed the British government. The great French army could never be landed on the shores of the British isles, and the British fleets could make short work of the Gallic navy, but in the air Britain feels itself vulnerable. Lord Sydenham, discussing French Tuperiority in air armament, says that “in circumstances easily imagined a war could be begun and quickly ended by air force alone.” To this Lord Birkenhead has added the startling statement: “France could destroy London and almost every other great center of population tomorrow if she wished.” x It is difficult for Americans to understand how allies as faithful in the late war as these two Euro pean nations could now be so utterly lacking in mu tual trust and friendship. Yet the history of the continent is filled with just such reverses of senti ment and regrouping of powers. So w* find Premier Baldwin announcing in par liament that a home defense air force will be es tablished to meet the strongest enemy within strik ing distance. This is only a beginning, for Great Britain will not rest content until it has a force ex celling that of France. It is a melancholy fact that the League of Na tions, which was to remove all the causes of inter national friction, has done nothing to calm uneasy Europe. More striking is the declaration of Premier Baldwin that the British government would co operate with other governments in limiting air arm ament along the lines followed at the Washington conference for the limitation of armament. The Washington conference dealt almost en tirely with the subject of warships. France, it will be recalled, objected to any consideration of land forces, submarines and aircraft. Yet there are many who predict that the next war will be fought in the air. Already a group of international jurists gathered at The Hague have submitted a tentative code which would forbid the aerial bombardment of town*-except under certain circumstances. This, however, would accomplish nothing toward halting the costly and dangerous competition in air navies. It would not be surprising if the United States should Had it possible or necessary in the near fu ture to call another disarmament conference to deal with this problem. SHELBY HOLDS THE STAGE. All eyes are turned on Shelby, Mont., just at this moment. It does not matter that the proceedings up there may be the most momentous or the least, whether of consequence or not, as one may estimate them in his own personal view—everybody is watch ing for the outcome. Jack Dempsey and Tommy Gibbons are professional pugilists, of no real service in any sense of the word, yet the world is watching them. Rival press agencies are vieing with each other to get out word from the training camps; great newspapers have made elaborate preparations to give the “news” of the event, and certain hours on Wednesday will be strenuously, hectically active, that the public may be informed which of the two bruisers has conquered. Here is a study in human nature that should in terest anyone. Just what is there in man’s makeup thftt responds to the call of a combat between two gladiators? Civilization bas hidden the savage under a deep layer of good manners, of mental training, that teaches us to abhor such exhibitions. Yet the minute a champion steps into view all the moral perceptions, all the ethical training, all the inherited polish of generations, drops awaV, and the primitive asserts itself once more. No amount of self-decep tion will entire remove our concern when heavy weights engage in a trial of strength and fistic skill. Call it what you will, all classes of people arc pnxious for word from. Shelby. The Omaha Bee, in common with other enterprising newspapers, has made'ample plans for getting the first and best news from there, ami v*| not disappoint its readers. Jack Dempsey may add another hollow victory to his list; he may be toppled from the throne, but what ever the news that comes out from Shelby, this paper will be the first to tell it in Omaha. STRATEGY ON THE FARM. All sorts of advice has been given the farmer, most of which he has not taken, and numerous de vices and plans for his salvation suggested, most of which he has not followed. A conclusion warranted by this is that the farmer feels competent to man age his own affairs, in his own way, a justifiable at titude. Now and then some one comes forward with sn intensely practical idea, and gains a hearing be cause of its worth. Few of these are novel, and^ most of them take the form of restricting or con trolling output for the purpose of helping prices. jine of the latest is from a wealthy land owner in Kansas, Mrs. Fannie Shriver of Harper, who has notified the tenants of her farms that she will let them have the land rent free for one year, on con dition that they do not market any of the produce. They may raise any crops they wish, and all will belong to them, on condition that none, of the crops ■ are sold this year. She reasons that the farmers can produce all they need to live on, and by holding the remainder of what they raise will be in a posi tion to go onto the market when conditions are more favorable and secure a profit for themselves beyond any now possible. Mrs. Shriver is making considerable sacrifice to demonstrate her opinion that an era of prosperity is coming. She foregoes any share she might have In the return from her farms in order to encourage the men who are renting from her to help them selves by holding their crops for better prices. Farmers have often been advised to do this, but here is one of the very few, if not the sole, occasion where the tenant farmer has been given actual help that he might follow the suggestion. A future re port on the outcome will be intcreating. ■ FACTORIES AMID THE FIELDS. At numerous places about Nebraska hydro-elec tric plants are being established. A survey is now being made near Beatrice for a new dam and power house to be used in running a flour mill. Other plants already exist along the Blue, Republic, Platte, Loup and Niobrara rivers. Most,of the power thus created is used for lighting purposes, and there are almost 100 towns supplied with electricity by this means, besides a growing number of farmsteads. Just what this development of water power will lead to is for the future to show. Should any great amount of current be produced, at cheap rates, the establishment of numerous industries might be ex pected in many Nebraska towns. This is in line with the prediction recently made by Thomas A. Edison. Believing that in the very rear future all the streams in the country will be used for manufacturing, he advances the sugges tion that small mills and factories be set up in the rural districts to supply local needs. By such means employment would be provided for farm labor which in the grain raising sections has little to do during certain seasons of the year. This is the way in which he explains his idea of locating factories in the country districts instead of in the congested cities: “My plan would he to place factories In centers where there would probably be from 100 to 200 farms. I would utilize the labor from these farms for nine months of the year and close down for the other three. It is the greatest thing I have ever heard of. If it were carried out all over the United States it would add 7,000,000 workmen, and they would all be working at home. Probably the most important result would be that the population of the country would gradually gravitate to the coun try. and this is the nation's most dire need. Urban population is a curse. Jt is an enormous loss to the country to have farm people doing nothing for the better part of the year, and yet they are sit uated in such a way that they can not do other wise." There is today hideous waste in transporting raw materials across the continent to be reftned and shipned back thousands of miles as finished prod ucts.' High freight rates are doubly oppressive through this system of industry. Life would be much cheaper and simpler anR healthier if the dream of Edison came true. The income of the farmers would be increased by providing industrial work during the slack winter months, the drift from the farm would be stopped and the vast vacant spaces of the interior would begin to fill up. That is what cheap power in the rural districts could do. With no coal beds anywhere within the state, water power is the only possible means by which extensive manufacturing could be built up in Nebraska. Those towns do not realize how for tunate they are and what possibilities the future may hold where hydro-electric power my be se cured. A REAL HOME TOWN. A very excellent standard by wnich tf measure the material worth of a city is its homes. A good way to determine the quality of the homes is by ownership. Omaha will meet either of these tests well. Local building and loan associations made their mid-year statements on Saturday, with a showing that is impressive. Sixty-eight million, four hun dred thousand dollars is the eloquent voice with which they speak, that being the total of their resources. What are they doing with this money? One with total resources of $12,111,594, reports loans of $10,342,000 on real estate; another, with resources of $1,026,306, reports loans of $994,870, and so it goes. About nine dollars out of every ten is em ployed in building. What? Homes in Omaha. White co-operation is being recommended as a remedy for all the economic ills that beset the farmer and the worker, here is a practical exhibition of applied co-operation. These dollars didn’t just happen to get together. Men and women worked .and saved, and when they drew their pay, they put e designated part of it into the “building and loan.” Soon they got enough to make a start, and then the association financed the rest, and they put up a home. Month after month they went on, pay ing into the loan fund, and presently, long before they realized the end of the road had been reached, the home was paid for. Meanwhile, the interest they paid on the money they borrowed was accumulating to help someone else, and other homes were being built. No dollar that gets into the fund of a building and loan asso ciation ever rusts. It is a lively dollar, and is kept at work. Jhousands of homes house happy families, not in Omaha alone, but all over the United State*, because the building and loan associations exist. In Nebraska these institutions are under a well rounded law. which encourages thrift and protects investments, and makes it possible for the man of limited means to get a start in the world. No other feature of our social life is more commendable. The Chicago bandits who stole the payroll, the car fare and gum money from the clerks, and a package of cigarets from the boss, had the merit of thoroughness in their work. America is the on^country on earth that people from all others try to get into. I Blue-eyed, hrown-haired hoys make the best farm hands, also the fewest. Reckless men continue to knock the pleasure out of Sunday driving. Harvest fields are calling for hand* Shelby’s story aoon will be told. Homespun Verse —By Omaha'* Own IWI— Robert Worthington Davie THE FLOWERS. My winter dream of flower* lm* finally come tiue; The honeyauckle grace* my garden, while th* r.>*e It* sublime aweetnes* ofTet*. and violet* of blue Henenth the balmy amiahlne Ihelr modealy dlacloae: Here lie* the nobleel virtue an life might be expr***ed— The flower* and the beauty they aoulfully auggeet. An Ivy vine expoaea lla foliage today, The woodbine la It* euual nod reaehe* grandly up. While hugging fondly, tenderly the gra** enamored day With allant adoration Hie lowly buttereup Survey* With mute enjoyment thla find dealgned array. And tremble* In lla laughter when the gentle zephyr* play, Thla I* a allenl language we cannot comprehend Mule heckonlnga unfgthomed that acirnce may not U now; Here alecpa the *oul of beauty the friendship of a friend I’eraoinfled to lea, h II* 111" rightful way to go And yet *o often \nliily we lie,id I he path uf our* A* haughty «a a monardh, t>ut humbler than ihe flower*. e | a Spain wa* n«*ar to Amorlra rv«n m far away r* 1871; the continual up heaval* by which the empire In America wil broken up the prospect of war over Cuba, which was to come 25 years later, all *er*’*-d to keep American* Interested. It l* wort# while to read thin editorial from Mr. Rosewater, printed on Fsb luary 12, 1873; , ••THE CRISIS IN SPAIN.” "The cuble brings us the startling intelligence from Spain that King Amadeus, tirr-d of the unceasing po litical conflict with his immediate ad visers. proposes to abdicate the crown, which hut a few years ago was forci bly wrenched off the head of the voluptuous Isabella. When, a little over two years ago, immediately after Napoleon had surrendered his sword to Emperor William at Sedan, Ama deus, nn inexperienced youth of royal Italian blood, accepted the Invitation of the Spanish nobility to sit upon the throne of Castile.and Arragnn, once oc cupied by the mighty Ferdinand, and the mightier Philip, the world ex pected. with good reason, Rn early repetition of the tragic history of Max imillian, whose fatal ambition was paid for with his life, upon the bloody field of Queretaro. "That Amadeus has found life upon the Spanish throne more replete with thorns than roses any one acquainted with the history of his brief and event ful reign will readily acknowledge. Ills repeated escapes from the knife and bullet of the assassin, the numerous revolutionary attempts of the Carlisle and republicans, and the ceaseless dis cord In the eortes, and want of har mony in the cabinet, would try the nerves of braver rulers and abler statesmen than Amadeus. Without a counsellor like Rlsmarck. Reust or fa vour. without a general like Molke. Sherman or .McMahon, without any of the mental props that often make mighty rulers of Inferior kings. Ama deus has no douht the very best of reasons for wishing himself back to the court of Rome, where his father. Victor Emanuel, could at least make life agreeable and comfortable for him. There may, however, be an entirely different design in this sudden volun tary abdication. Like Louis Napoleon, "ho repeatedly tried the experiment with marked success, Amadeus may desire jo rekindle a certain amount of popular sympathy and enthusiasm among his Hpartlsh subjects by this strategic step, and, appealing to their vanity and credulity, obtain a popular endorsement In the shape of a plebiscite. ■ There Is much risk sttached to such a procedure, as the government can readily manipulate th* election, even with much greater certainty than could ariv party in power in this country. Taking this view of the mat ter. thia pompous abdication may turn out to mean nothing more or less than a ruse to secure more domestic tranquility.” Center Shots That offer of a hliltnn for the mer chant ships sounded flshy, anyway. Who would want a hunch of ships ir he had $1.000.000.000!— Baltimore Sun. Many of our troubles may begin with the stomach lining, as that doc tor says: but more of them begin with the brake linings.—Indianapolis Star. If Germany paid a cent every time a new reparations plan was proposed, the hill would soon bA cleaned up.— Worceater Telegram. The Rrooklyn bridge I* forty year* old That's quit# a span—Dayton News. The world waits fOr Burbank to perfect a lawn grass that will gross evenly and cheerfully to n certain length and then stop.—South Rend Tribune. This I* the month when church Janitors get their rice supply for an oilier year.—Jackaon (MJch.l Citlr.cn Patriot. Most people go In the same place on l heir vacation, and that's broke — Lansing Stale Journal. We know but two men who always look on the bright side. On# thinks he Is Napoleon and the other thinks he is a buttfrflly—Akron Beacon Journal. Imports up: exports up. production up, employment up; prosperity up: the jig is up for the calamity howlers, aiul the demorratie p.irtv remain* on Its uppers.—Providence (It. I.) Record Diner (perusing his Mill—Do you maks any reduction for those in the ciine linn of business? Restaurateur— Certainly. Are you n restaurant pro prietor? Diner—No; I'm s robber— Punch. Daily Prayer ° pralsa th* Lord nil y* nation prala# Him. all ym paople. For Ilia tnrrilful kin-1 nran la *rf»t tn*ar<t un and tha truth of tho «*n<|in *-* h for nvar, Praia* yn i ha Lord —f*n. II? (inmplntn > Almighty God. our Father, do Thou •crept auch acknofvjedgnient. devo tion and worship ns we, with nil our limitation* are nhU* to bring to Thee. Thou knowest that some of u». with the utmost willingness. cannot sppre hend Thee at nil *< cording it* accepted Miandimla. Thou knoweat that some of Thy moat devoted children do most fearfully misapprehend Thee, The bent of Thy chlldien the world over do but nr# Thee a* in a mirror darkly. Therefore, we pray that Thou wilt save u* from any pride of spiritual aristocracy, and help ua to help each other toward the light Have its from contempt and bitterness toward those whose eye of faith 1* not focused like ours, and save those of us who can* n«*t ser *t all from misjudging those who can see Thmi hast compelled no man to acknowledge 'i hen. but liv Thy food providence* and gracious! mercies Tlmu are drawing all men unto Tliy«eIf Ma.\ we, Th> children, g«» and do likewise; con»p< lling no man. !>v sneer or lay f«m and win. mng all men by love amt by sincerity. A men. OROnUi; W col.KMAN ftoalen, Mhm^ “THE PEOPLE’S VOICE” editorial from renders of Tho Mornlni Bm. Raiders of Tho Mornlni Boo oro Invited to au this column freely for eipreieioA * on matters of public Interest. A Democrat Rebukes Bryan. Omaha.—To the Kditor of The Omaha Bee: I have asked Governor Bryan to withdraw my name from consideration for the office of Insur ance commissioner. In explanation of my withdrawal I give the following reasons. I believe they express the sentiments and feel ing of thousands of democrats in this slate, who are, to my personal knowl edge, completely disgusted with the way the present governor is handling the many serious problems In the ex ecutive office. Almost every hour of the day 1 have some one say to me: "Is the governor ever going to start the state's administrative machinery?" Reviewing the last six months of what haas happened at I-Incoln, one feels ashamed of ever having been a a democrat in state politics. The thrill the governor received, in the tre mendous vote given, not to him, but as a protest to high taxes, war hys teria and particularly the record of his opponent, Mr. Randall, on many vital subjects affecting the rights and liberties of the people, has caused him to get “into the air" and he has not had his feet on the ground since, ltad Adam MrMullen of Beatrice received the nomination on the republican ticket he would likely have been in the governor's chair today, with the state s business being transacted with some efficiency and dispatch. Governor Bryan fails utterly to se riously- consider that the people of this state gave hint a republican house and senate to help him to rare for the affairs of the commonwealth. If the people really wanted the code bill re pealed why did they not give the leg Islative branch the mandate that the governor claims was given to him? Governor S. R. McKelvie was at least courteous to hts supporter* and loyal friend* in considering them In the conduct of the affairs of his of fice. he In every case showed that there were others besides himself necessary to make the administration successful. One was then able to re ceive some sort of satisfaction when a subject was presented and McKelvie did give an answer, yes or no. and did not follow the plan of a squirrel In a cage. McKelvie did not assume the "autocratic power" the present gov ernor has already shown. Governor Bryan seems to have the unfortunate opinion hat the voters of this state have entrusted him to guard every clip. pefT point. Ink, bottle, etc.. Instead of seeking to give the people relief from the ultra serious economic problems of the farmer, wage earner and business man. Governor Bryan should have shown a more co-opera tive spirit with the last legislature, which was ever willing to lessen the burden to the people, but he made It a partisan i«sue, and that Is what the conclusion had to be. the taxpayers paying for the "big party" held at Lincoln last winter for many months. Governor Bryan's experience in public life has been so limited within the pages of his brother's newspaper and in the city hall at Lincoln, that his views on major subjects cause him to be selfish and opinionated, preclud ing every possible opportunity for the oqjislderation of suggestion*. Much comment Is heard from nearly every one to the effect that "the Job Is too big for him.” It w-as strongly rumored during the rampangn that he had betrayed the Hitchcock faction for the support of the progressive party and It Is a known fact that one K C. Knudson, Genoa banker, now secretary of he department of trade and commerce, an unfaithful progressive, was in close touch With him at Lincoln dur ing the campaign, telling him of the movements and plans of the partv he was not loyal to. Many democrats will be In eonsid enable doubt of hint as an assumed party leader. When he comes before the people at the next primary as its senatorial candidate to succeed Sena tor Norris. I predict that the real demo crat* of the state will turn a cold shoulder or enter a violent protest against him He Is already grooming himself f,,r hi* proposed trip (o Wash ington. which he will have to forego, because the voters are not going to concur with hi* plans. In his appointments, already made, none of which could not have been made at the time he assumed office, he has been guided largely by his persona!. selfish preference and rrealed himself many bitter contests for the different office*. I predict that in the labor depart ment much feeling W'il! exist among injured workmen, due to the lark of help In handling disputed cases on award* of compensation. It Is sad in deed to have this Important depart inent so seriously crippled and dlsor ganlzed due to lack of foresight on the part of the governor. The member* of the American Legion In this locality are not going to he at all pleased if the boxing law.1 which they sponsored and agreed to keep clean. Is pur under the direction of the game warden. Considerable pressure was brought to bear to have Thomas Carroll, who wanted to resign, to retain hl« duties as chief law enforcement officer. In order not to emharrasa the governor Governor Bryan has so far failed to satisfy most of his supporters: how ever. It Is not too late io get into action before his term expires HARRY K EASTON \ .Minister on Pelltlrs Omaha —To l he Editor of The Omaha Roc: The other day 1 re ceived an anonymous letter m which the writer said "1 think It would be much wiser for the ministers of Omaha to pay j more attention to their religious and church affairs end less to politics "If von wish to mix In politics, why not resign from the pulpit and take! it up wholly? I am sure many other citizens of Omaha would appreciate your confining yourself to ymu own vn'Ait Ion " I am taking these remarks ns- the text foi s little set moil to my anony mous friend In the first place. I believe It ts the privilege and dutv of every American to take a lively Interest In the admin Istratton of our country, our state and ____ NET AVERAGE CIRCULATION for MAY, 1923, of THE OMAHA BEE Daily.7fl,181 Sunday. 80,206 Do#* not Include returns, left o\er*. templet or papers spoiled In printing and Includes no special sales B. BREWER, Cm, Mgr. V. A. BRIDGE, Clr. Mgr. Suhstrthed and sworn to before me this 2d day of June, 1023 W If QUIVF.Y, I Seel) Notary Public our towns. By being a preacher I am not renouncing my right to free thought and free speech in these mat ters. X have no sympathy with the idea that leaders of Christian ^hought ought to leave ail political action to professional politicians and to wire pullers who work for the pocket* of special interests. Jn the second place, the minister who raises his voice for good city and national government has an example of the prophets of old for his support. Moses was not only a preacher and a prophet, ho was also a politician. Ho was Samuel. Ho was Nathan, the preacher, before whom even King David trembled. So was Elijah, who called his king a thief and a mur derer Ho was Isaiah, who fought against the partisan* of Assyria at Jerusalem. Ho was Jeremiah, who was called a slacker, because he op posed the war against Babylonia. Ho was Ezra. Ho was John the Baptist, who was jailed and beheaded because he mixed in politics. And, mind you, John was praised for hts stand by Jesus. And in every century religious lead ers with backbone have not been back ward in grappling with the political evils of their times. Think of Chrysostom, of Ambrose, of Bernhard of Clairveaux, of Wycliff In England, of John Buss In Bohemia, of Havano rola in Italy, of i.uther in Germany, of John Knox in Scotland. I find that most folks who "holler'’ about preachers taking too much in terest in politics are people whose sympathies are with the "tough” els nient in town. My good friend does not need to put this shoe on if it does not (It him there are plenty others whom it w ill fit. iluring the last elec tion the ministers were ripped up tne hack for opposing the election of a slate dictated by the gambling and drinking element and by big corpora tions with special favorg to seek. The opponents of the ministers got their wish, thanks to the credulity of half of the church people. The result ha* been an administration that has been notoriously easy on those gamblers and bootleggers who helped to bring about its election. The time has now ' ome to play the same game over and to denounce ministers who dare /to open their mouths for the strict and impartial maintenance of law and order. Dan Butler may not be an angel, but he has at least had sand enough tn defy the crowd who. if reports are true, still take their orders from a clique of powerful corporations and from the uncrowned kinir of the gambling and bootlegt-ing fraternity. ALBERT KUHN. Pastor Bethany Presbyterian Church For a Desert Island. For our own part," say* an Arkan *as paper, discussing the best 10 book* to have on a desert Island, "we should include a hymnal. We have always wanted to sing, and a desert Isle i* the only place where we could get away with it.'—Boston Transcript. “From State and -Nation” Editorials from other newspapers. Florida’* Bid to Wealth. From the St. Paul Pioneer PreM. Do not be In too great haste to emi grate to Florida if you chance to have great wealth or largo income. There may be a catch in It. The re cent legislature of that state has sub mitted to the voters a constitutional amendment prohibiting for 25 years the levying of any income or Inher itance tax upon a citizen of the state. It la quite possible that the legisla tive solons have seen the evils of over taxation on those lines and are holding out an inducement to capital to go to Florida and put Itself out in investment without the dread of hav ing all of the profits taxed away. Oreat fortunes also may be transmitted to heirs without handing over a generous slice to the state. Perhaps Florida has heard of Wisconsin and hopes to attract some of the capital the latter state wants to drive out under the lash of taxes. Something may be said in support of the theory that the more capital is encouraged to develop business the greater will be the ulti mate tax collections and fatter the puv checks of the employed. But there may be some other motive af work in Florida. Capital accumula* Mon for production I* admirable—if there is no catch In It. It i»ems too altruistic to be genuine. A Presidential Questionnaire. From the Memphis Commercial Appeal. Educational qualifications would be sure to play an important part in a presidential election that iocludcd Mr. Ford as one of the candidates, and on this point he is no stronger than his dear friend. Thomas A. Edison. For the latter, however, it must be said that he has been much more assertive and courageous than Mr. Ford con cerning his educational limitations. Mr. Edison on several occasions has very fearlessly but very foolishly at tacked the value of collegiate educa tion because some college graduates were unable to answer offhand and In toto a list of questions formulated by the inventor. Now. If Mr. Ford should be a candidate, we may be sure a questionnaire woukj be propounded to all candidates as a basis for testing their presidential qualifications. These questions. In all likelihood, would take a wide range, hut some of them would bo something similar to these: Was Washington a person, or is it merely the name of a town? Is Thomas Jefferson's place in his tory hased more on his ability to play pinochle than to hunt foxes? Is Uncle Sam a Janitor in the capi tol building or a pawnbroker who loans money at Interest to a govern ment that can make money? Why should not doctors instead of Judges be the guardians of the Amer ican constitution? Does the president preside over ex ecutive sessions of the senate? Why should a war in which the Abe Martin Mrs. Lafe Bud’s rna^d has only been with her three years an’ al ready she knows enougn not t’ fill th’ water glasses too full. No won der th’ feller that starts th’ day with a smile is an optimist. Copyright. IKS. participants killed friends and neigh bors b»> called a civil war? Are there player and salary limits in the League of Nations? With so many bandits in China, why should they want the open door over there? Would the standardization of labor in the government departments re duce expenses and eliminate recurring deficits? The«e are a few of the many obvious interrogations that might be put to the candidates for the presidency in the event of Mr. Ford being one. It* might be argued that the nat|on should safeguard the guiding of all of Its executive affairs as much as it does the running of its second and third-class postoffices. Examinations tre required as to fitness to sell stamps, issue money orders and such like, and an examination for presiden tial fitness might not be unfit. We should imagine that an average of at least 70 per rent would be required of all candidates answering the presi dential questionnaire. HAVE The Omaha Morning Bee or The Evening Bee mailed to you when on your vacation. Phone AT lantic 1000, Circulation Department. The 65th Semi-Annual Statement of The Conservative Savings and Loan Association of Omaha, Nebraska July 1, 1923 # This Association hold* in TRUST the FUNDS represented by shares ' owned by 27.500 Saving and Borrowing members, each share hav ing received credit for its portion of the semi-annual dividends of earnings made today. July 1. * These FUNDS IN TRUST amount to.$19,o02,949.97 As added security for the savings of all shareholders a RESERVE FUND has been accumulated under provision and requirement of the State Law by setting aside not less than 51 of the net earn ings each year. THIS RESERVE FUND recognized as a constant source of strength and security is growing at the rate of $50,000.00 per year and today amounts to. 775.000.00 After crediting the dividends to all shares and transferring the - amount required to the RESERVE FUND there is left a balance of undistributed earnings or UNDIVIDED PROFITS of. 23,919 27 Balance to be disbursed on loans for new construction, purchase of homes, etc. 357,005.24 TOTAL FUNDS .$20,658,874.48 To protect these funds we have the first-class securities listed at follows: CASH ON HAND and in Banks.$ 528,586.16 U. S. GOVERNMENT BONDS, Treasury Notes, and Federal Land Bank Bonds (immediately con vertible into cash) . 1,017,708.50 NEBRASKA MUNICIPAL BONDS AND WARRANTS, (These are readily convertible into cash) . 351.228.08 Total cash and cash securities .$ 1,897,522.74 FIRST MORTGAGE LOANS ON IMPROVED CITY AND FARM PROPERTIES. There is $4,008,450.00 loaned on highly produc tive farms in Eastern Nebraska. There is $14,079,560.00 loaned in Omaha on homes occupied principally by owners and on business properties. Under our monthly payment plan, a payment of interest and a portion of the principal, the pay ments regularly reduce the amount owed by the borrower and proportionately increase the security held for every loan. Ample fire and tornado insurance is^lield as collateral with each loan. These loans are carefully selected and *onservatively placed. Every borrower U, and hat been since April 1, 1917, paying in taraet at the rata of eia par cent. Jotal Real Estate Mortgages . 18,088.010.00 ACCRUED INTEREST due from Borrowers properly secured. 22,252.34 LOANS IN PROCESS OF FORECLOSURE . 36,050.97 REAL ESTATE AND SALES ON CONTRACT. These represent vari ous properties acquired by the Association and held or sold on contract . 130,368.85 STOCK LOANS made to our saving members upon their books as security .*... 163,669.53 OFFICE BUILDING AND LOT. Present home of the Association, 1614 Harney St., three story office building, covering entire lot (44x132 feet), while valued considerably higher is carried on our books at .a. 81,000.00 • FUTURE HOME OF ASSOCIATION at the N. W. corner of 18th and Farnam Sts. (182x132 feet.) This most valuable corner is a quarter of a (Tty Block and has been acquired for the future home of our Association. This property has enhanced greatly in value since purchase hy u* at a cost of . .. 240.000.00 TOTAL RESOURCES .$20,658.874746 Wr invite you to avail yourself of the services of our Association for the av rumulating of your savings and the borrowing of funds upon Real Estate Security. Officers end Directors Paul W. Kuhns. President Kdgar A. Baird, Vice President .lames A. Lyons, Secretary J. Herbert McMillan, Treasurer William Baird Randall K. Brown t'harlc* (’. George J. A. Sunderland K. A. Benson Robert Dempster John K Donley. Aast, Secretary t lark \\. Carnaby, Ant, Secretary I-aw ranee K. Johnson. Mgr. In*. Dept l.ester R. Sloftecker, Office Attorney Hymn R Hastings H. A. Thompson C, M, \\ slholm A \Y. Bo'vman John F. Flack J. C. Kobinson Office 1614 Harney Street. Omaha, Nebraska South Suit Office. Hrattijr Hrethers. 4*o& South 24th st