Committee Vihioli Tried to Rescue * \M° Finn Praised Indirect Slap Taken at T. C. Byrne hy Vet ion; Work to Bring New Company Here. (tnnttnufil From I'hih One.) i Omaha. read.v for business, without having to pay the heavy coat Involv od In transporting a business already < stabllshed elsewhere. • Committee Rejuvenated. There was fighting Mood In the committee members and tho com mittee as a whole has taken on a renewed life as a result of having been beaten in its efforts to save the -M. K, Smith Co. from being closed. Tlie expressions of approval of the work of Chairman Hudson was by means of a vole of the committee. Hudson asking that no formal action be taken. A formal resolution was re garded as a fitting recognition of th~ work of Mr. Cordon, however, reso lutions that, could be spread upon the minutes and that at the same time could express lhe feelingof the com mittee for the opposition to which Mr. Gordon had directed his fight. Thus ibis resolution points out the work done hy Mr. Gordon and also refers in a backhanded and nameless manner to T. c. Byrne as 'another bidder." The resolution expressing the ap predation of the committee for tho work of Mr. Gordon is as follows: (0* "'lhe Greater Omaha oomnik.ee desires to express hs deep appre ciation of the arduous, unselfish and patriotic service that Air. Al W. Gordon performed during the last year in connection with the affairs of M. E. Smith & Co. At the request of the committee, working in full co-operation with it and with the full knowledge of its members at all lime, Mr. Gor don la cured unselfishly to restore the company to the position It for merly held as one of Omaha's prominent and successful institu tions. Tn all this, lie rendered heroic service. Gordon Praised. "At tlie request of the Greater Omaha committee, Mr. Gordon or ganized a syndicate to purchase the assets of M. E. Smith & Co. and to continue it as a going concern in Omaha. In this effort he was suc cessful. He formed a syndicate composed of many prominent busi ness men of Omaha, with ample resources at their command. The members of this syndicate, under .Mr. Gordon's leadership, co-operat »d with the Greater Omaha com mittee in the development of plans which would have continued M. E. 'inith & Co. .Nevertheless, despite the efforts of Mr. Gordon, his as soeftue* and lhe committee, to pur chase lhe company's assets, they were sold to another bidder, who intends to dispose of the assets and . -lose up the company's affairs. Gordon Makes Statement. "l.’t-spifH this unfortunate termlna tiolT of t'ne affairs, the Greater Omaha committee, in a public way, wants the people of Omulm. lo know that Mr. Gordon has given splendidly and unselfishly of his time, labor and ability in a real and patriotic eff> rt to save M. K. Smith & f'o. and that the sincere thanks of the pomnltten are due him.” Tile report submitted by Mr. Gor don, setting out the high spots in the work of himself and syndicate mem bers Is as follows: On March IS. i:<24. I was ap pointed comptroller of the M E. Smith company. I immediately at tempted to get in close touch with i lie affairs of the company, investi gating its asset? and liabilities, si the same time considering the great injury that would lie suffered by its loss not only to the men and women who had invested in the stock of he company but to the ,-tly because the prominent position that. Al. E. Smith company had occupied and its long' existence as one of Nebraska's leading wholesale busi ness institutions. After reciting the inability of the in abilities of the creditors to reorganize the business and the Inahiiity of sev. eral Interested eastern dry goods men to furnish sufficient capital, Mr. Gor don Continues: Syndicate Formed. I thereupon, with the full co-op eration of the Greater Omaha com mittee, suggested to a few' of Oma ■ - - -'■ 1 — ha s progressive and substantial business men that they form a syn dicate and purchase the M. E. Smith company and thus save it from disaster, each one agreeing to underwrite his propoi tinnate share of the loss, if any. this underwrit ing to be done without gain to any member of this syndicate; that the> would attempt to form a new cor poration with men experienced in the dry goods business as executive heads who would be willing to in vest their own money in a new or ganisation. T had received enough inquiries from outside interests to convince me that in a very short time we could find those who were nngMy able to take qvaer the M. K. Smith company and continue it as a going concern. Mr. Gordon then relates that he was invited to become a member ot the underwriting committee, that lie no tified the courts and received their assent to his inclusion. Confer With Outside Men. Immediately thereafter a meeting of prominent business men was called and a sufficient number of those men agreed to underwrite and to accept each his proportionate share of the loss, should any de velop l>etween the purchase price of the M. E. Smith company and Its resale value to a new corporation. Later a conference was held with the president of a large eastern dry goods house, but most of the mem bers of the syndicate were, out of the city when this took place. Those present, speaking for the syndicate, agreed that if they were successful purchasers of the M. E. Smith com pany they would place their entire stock in escrow with th$ provision that the same could be disposed of to this eastern dry goods house if the proper arrangements could be made with them, but with the fur ther provision that whatever stock was held by the Omaha syndicate would he offered to the valued ein ployes of the M. E. Smith compare at the exact cost of purchase, thus giving thejn an^ opportunity to pay for it upon easy terms and to ac quire whatever amount they desired within a period of live years from the date the stock was offered. No Profit to Be Made. The eastern president returned home and under date of February 11 by letter indicated that, while interested, until definite ownership was established he could not sub mit any concrete prpposition, but that he was intensely interested nd would keel) in close touch with the syndicate so as tu be ready to act at the proper time. In the meantime, the president of a wholesale dry goods house lo cated much nearer to Omaha, a man whose ability was recognized and who regarded as a leader in the dry goods business, was induced to look over the proposition and. after doing so. stated that he would be glad to invest his own personal for* tune iq the M. E. Smith company provided the additional amount of money necessary could be raised either In <»r out of Omaha, and that he believed the .NT. K. Smith com* pany offered an exceptional oppor tunity for building a very large end successful wholesale dry goods ayd manufacturing business, where upon the original members <»f the syndicate agreed to underwrite the entire purchase price, which 97 per cent of the creditors had indicated would be acceptable to them sub ject to court approval, they to im mediately turn over the assets to m new corporation at the exact co3t to the syndicate. Worked in Open. There was nothing secret about the price offered or regarding the intentions of the men composing the syndicate. Every act of theirs was an open book. They had no desire to go in the dry goods busi ness. Their one thought was to save the great. M. E. Smith com pany for Omaha. W> fe^l that we did everything within our .pow^r ■'ud everything that honorable business men could do. We hid >1,825,000 for the .\1. G .Smith • ot pany assets. \Yp agreed to stand our proportionate part of any losses that pvight. accrue In the re sale of the M. E. Smith company to a new corporation. We Were sorry we were unsuccessful in our efforts. Plane Wreckage to Be SoM, Beatrice, March 6.—What remain! of the plane which snuffed out th* lives of Daniel Camp of Ellis am' Carrel 1 Sherwood, L in coin aviator* s few weeks ago, wil he sold by Frank Zimmerman, on whose farm tli« i tragedy occurred, as none of thi relatives appear to want it. Th# wrecked machine is plied up against a shed at the Zimmerman farm. * ANNOUNCEMENT t It is with a great deal ot‘ pleasure that we announce the addition of the famous BRUNSWICK PHONOGRAPHS, RECORDS and BRUNSWICK RAPIOLAS to our already complete line of quality musical merchandise. We have always recognised in Brunswick instruments a produet of unusual worth, hacked hy a company of the highest business integrity. i The a Idition of BRUNSWICK PHONOGRAPHS now enables Vs to offer a selection of the three finest phonographs made—-VICTOR, COLUMBIA Hnd BRUNSWICK. Here you may COMPARE the world's best phonographs side hy side and from the largest stock make your selection at the lowest prices and easiest terms in the west. With the BRUNSWICK PHONOGRAPH we offer also the Brunswick Radio Combination, combining the best in phonograph perfection with the best in radio. * A most cordial invitation is extended you to visit our sales rooms, where expert salesmen are at your service. 00 1814-16-18 Dod|t St.| Om%bm <4WBBI m * "'* B ' .... Hi | idl -T ^ris. UWI>..|»—m-yIMJUBi. Wheat Setback ! Most Violently Since Last Year Selling Mounts Into Millions of Husliels anti May Deliv ery Breaks More I 11a11 12 Cents in Day. Chicago, .March K. Wheat suffered iff mom violent setback In prior «• •lav since last summer when a bushel and above began to dazv?e t!«o speculative world. \n extreme break pf 22 IS cents today to $ I .SO for the May delivery accompanied selling that mounted for into millions of bushels, and that, many traders regarded ns the-end .of the scare about a dearth j of bread material thin season. Notwithstanding such end-of-ihe seare opinion*, denials were issued this evening that any of the wheat held by some of the largest American owners bad been thrown overboard in the semi-panic which today followed reports o'f unusually heavy .shipments of wheat from the southern hemis phere. The market effect of these re port* had been, dramatically om | \ hasized by w ord of widespread rains ! over the drouth stricken crops of ; India and by forecasts of rain and snow fop the dry portions of the winter wheat belt in this country. Winnipeg. Man., March 6.—In a steady downward movement, wheat prices on the Winnipeg exchange to day suffered the most drastic break in many months. As a climax to the bearish sentiment which prevailed from the opening, the May future was forced down to the lowest point of the day shortly before the close st $1,90 3-4, a decline of 113 4 cents over yesterday’s final prices. .Aurora City Council Makes Lighting; Contract Aurora. March 6—The difficulties between the Nebraska Gas and Elec tric company and the city council of Aurora have nearly all been ironed i out in a contract, which has been j agreed upon. The new rate for elec j trie service in lighting will be 712 I i»er cent kilowatt for the first bun j dred kw. licnirs. The rate also in • dudes a 50*eent sendee fee for eat h customer. ITdcs for cooking and power are ai o reduced in the new ehedule. By renfton of the acceptance of this contract the city council wdl not sub. n-.it to the voters at the spring elec Eon the question of the establishment of a municipal plant. Eoltlen eliding <)1»ht\pi1 by Alma Early Srltlers Alma. March fi. Mr. and Mrs. •' rftes Russell celebrated their golden wedding at their home in Alma with about 50 guests present. They were married at Industry. 111., by the bride's unde. Rev. J. R. Skilee. and in 1S72 came to Nebraska and located I • >?! a homestead north of Republican City. The family circle is unbroken '*n«J all their children were present. They aro Mrs. William McCarty «»f I Stettler, Canada; Mrs. B. C. Vermil lion of Osborne, Kan.; Mrs. .1. N. Rule of Trinidad. Colo.; Mrs. O. R. i 'ussell; Mrs. V. G. Cassell, and Mrs. •i. K. Achen of Republican City, Neb. Fire Set to Burn Kiihltdi Destroys Farm Residence Mpfdal llbpatch to lh^ Omnliu Bf<*. Osceola, March 0.—Fire at 1 o'clock | thia morning destroyed the Ed j Wagner farm residence on the out j skirts of town. The owner started j t fire last evening to burn some j rubbh'h and it spread to the residence. Insurance for $!,ftao was carried on It be building The house was un occupied. | HOTEL CASE IN HANDS OF JUDGE I nhiTMl H»«rvlc«* M*ff ( orrr«|>nnrirnt. Xorf-.IU. Neb., March Aftei w ;tdin ; tlimugh nine days "f evidence •id ic.viiniony, tlm case of H. 1. Steven* company against the Nor folk Hotel company was brought to a cl o*c. Vo decision was given by .fudge t'hase who presided at the session in view of the Immense amount of ©\i dene© presented riming the hearing. Judge Chase instructed the attor neys of both parties to submit briefs of* the case, and to sri\© oral argu ment a at a later date, probably the middle of April .Members of the building committee who were tailed to the witness stand were <1 I). Ituttonfield. S. H Mayer, (h ue Huso, and A. T. Hutchinson. Stevenson told the court that at mii- time he staled to the building lommittee that tlie structure would cost CiSh'JHIO. This st at on if lit was denied by the defense’s witnesses. Children (Jive Parents Hidden Wedding Jubilee Table ltock, March fl. Mr. and Mrs. Mason Story, who reside in the vicinity of Lewiston, celebrated their noth wedding anniversary at their home. Wednesday. Many friends and relatives assembled to assist in the festivities. The affair was planned and carried out by the 10 children of Mr. and Mrs. Story, who are William IT. Story, Minneapolis; Mrs. Lola Kelly, Colony. Kan , Charles Story, Seneca, Kan.; Marion Story. Lewiston, Harry Story. Pawnee City; Mrs. Mary Wenzl, Vermillion, Kan ; Mrs. Bertha Miller, Hallem, Kan Mrs. Ethel Heywood, Him, Wyo.; Mrs. Florence Sisco, Lewiston, and Miss Hazel Story, Salina, Kan. All f>f these children, except the two first, named were present. Two Marly Settlers of Boone County Dead Albion, March 6.—John Mohr, sr., a pioneer settler of Boone county, died at bis home In Bonanza precinct, aged 74 years anil 11 months. Mr. Mohr was born in Germany ami came to America when a young man. He Is survived by three sons and six daugh ters. He bad iiicd in Boone county 3S years. Janies Leonard, another old settler, died at an Omaha hospital Monday following an amputation of a foot which had become infected. Mr. Leonard located on a homestead in an early day. He had lived in town for several tears. He leaves a wife and three children. Train Jumps Track. Beatrice, March 0 —The regular passenger train on the Burlington railroad running from Wymor# to Lincoln was derailed Wednesday aft ernoon at h. point about three mile* south of this city. The engineer brought the train to a stop without injury. The coal tender of the en gin© .iuiiM>ed the track. The .accident is said to have been caused by a crossing plank catching in the brakes and running the wheels off the rails. Two Held on Theft Charges. Aurora, March 6.—Summer Burn hr m and James Tyro have pleaded vuilty to charges of larceny and have been bound over to the district court. They are charged with stealing har ness and saddle from Roy Power and automobile tires from Bert Burr. It is said that both Burnham and Tyre are former inmates of the reforma tory. Tyre lives in Grand Island and Burnham Hies at York. Pawnee Marshal Resigns. Pawn©© City. March *>•—Charles M. Scott, city marshal here, has resigned and v ill movo to Dunning, Neb. Mr. -.•. tr own* a large farm n©«r that .. rn I . HOSPE'S—"For the Advancement of Music" Buy Your Piano For Its Musical Value Don't judge a piano by its case—judge !t for it> musical value. Remember you buy a piano for a lifetime of service—you buy it for the musical er joyment it will give you your children and you friends. A violin, for example, ms. be worth a thousand do! lars or ten dollars. The difference is in its musical value, not in its ap pearance. Choose a piano that will grow dearer to you as time passes—one whose tone, like that of a rare violin, is enriched and mellowed with age. Such a piano is. the Haines Bros. Miniature Grand $1,050 —its many distinct departures from ordinary piano design and construction result in tone values never before achieved. Sold on Convenient Monthly Payments A. HOSPE CO. 1513 Dougins St. * HBHHH The Home of the AMPICO ()niaha Land Hank Mow HraiL Lisl Ninclx I'cr (lent ui Interest on Loans Due Mareli I Is Paid. The Federal l#and hank of Omaha is now the largest hank of its kind in Hie country, according to Dennis P. Hogan, president of the institu* I lion, Frida v. There are 12 of the land banka scattered throughout the country. The Omaha bank 4ins $1 15,000.000 j worth Of loans at present. This j amount, it is said, will exceed trial | of St. Paul, Omaha’s closest land bank rival. The reports of January 31, showed that the St. Paul Federal Land bank lias loans amounting to slightly more than $112,800,000. Omaha’s loans at that%time exceeded $t1 J,3n0.ouo. Hut this has changed, according to Air. | Hogan. lie said that farmers and ranch era of Iowa. Nebraska, South Dakota end Wyoming are In the best shop* they have been in years. lie said that on March 1, there was $1,000,000 in interests due the bank. On February 28, $700,000 of tfie interest money was paid. Friday there was more than $300,000 of the amount received. "Tn fact." he said, "the total amount of delinquent interest amounts to Jess than $80,000. Community Club Sponsors Osceola Father-Son Banquet Sper nl PUpatrh to The Omaha He#*. Osceola, March 6 A father and son banquet was held in Osceola Thursday evening tinder the auspices of tiie Osceola I’ommunity club. The Ladies' Aid society of the Methodist church served tlie supper. Two hun dred plates were spread. Phil t'amp bell spoke to tlie toast "The Osceola Sons,’’ and Dr. C. L. Lemur respond ed for Osceola fathers. Prof. N. W. Gains of the Nebraska State univer sity extension department was the principal speaker. Pawnee Teachers Retained. Pawnee City, March 6.—Teachers of tlie Pawnee City sohool* were re-elected here for tlie coming year at tins week's meeting of the board of education. One instructor was added to the force to take charge of music. Miss Jessie Olson of Clyde. Ivan . will bo music supervisor. Legion Post Over the lop. Nebraska. City, March 6—Adam Fchelllnger post No. S, American Legion, went over the top •with SIT names on the honor role. All dues have been paid for the year 1925. FIRE CLOWN TO BE AT AUDITORIUM "Smok}the fire clown," who ha.. ’.»« • w a pi*** ring In booH th - we* . will give n jM'r1 *•1 'i . nee at lo Sutur tin' morn in** In ti:- ‘hy Auditorium for the b- t»c lit of the boys a nil girl* In im. i|.i uni Hw 11 the .ichool J»,n 1»c‘(itme and hi* band will fit nish musk. Dan Butler. superintend*! out of the fire department, will prc side. All children in the city are In vlied. Parents should accompany th* children. \\ m ill \\ ;ir \ elcran Placed in State Hospital for Insane Fnlurobus. March 6.—Leonard Quigley. 33. world war veteran, ad judged mentally unbalanced hy the insanity commission recently, was taken t• • the Mate hospital at Nor folk. His ubesslon i* that j,*eople ire talking about him and that some • uie deliberately makes noh* at night lo keep him awake. Quigley was a soldier in the Argonno and carries a shrapnel wound in the hack. Magnet Store and Four Other Building* Destroyed hy Fire Magnet, March 6.—A fire of un known origin destroyed Frank Ferris ceri' inl merchandise store here and four other buildings. All losses were partial' covered bv Insurance. A high wind was blowing and sparks were carried a. quarter of mile away settitig fire to a straw pile Prompt work saved the farm build Ings. M. W. \. Lecturer Speaks at David City Banquet David Fit.'. March 6.—Flysses Modern Woodmen and Royal Neigh bor lodges ga\e a banquet, program and dance, attended by 368 person*-. Talks were given by Rev M. Hender sen of Auburn, state lecturer fttr th* M. W. A . and Mr*. Henrietta Owens. *tate superintendent of the Royal Neighbors. Columbus Store Added to t&oolworth Company Chain Col um bus, M a rc h 6 — Wool w art h company of New York has leased the Furry building for a period of lb yeu>s to add another link to its chain "f stores. R. R. Bringer oompam which now occupies the Furry build Ing, has purchased the building join ing for $25,000 and will continue to conduct business as in the past. Uuutlex Couple Celebrate* .‘>0tb Wedding Vuniversary Huntley. March *».— Mr. and Mrs Henry Sell .elebrated their cnlde'i v.edding anniversary at their home in Hunilej Mr Sell is 71 and his v If* •SO. The; nettled in Nebraska in 1-SSS ■ and have in* children. Film Folks Pay Hotel Bill Here! ( o li \rri\es F rom Des Muirte-: l*'oiilenell<‘ Offi- ; rials Seolf at Suit. Tl e motion picture stars who *>n if named n.| danced" with Omahar* at the Audifo into last f*e**k, but who left their lodgings st tlotel Fop tenelle in-the wee hours of night without dealing adequately with the hotel nrd.i'-'i may now pursue tneir course w.th« ut interruption so far ns the management of the l»ig Omaha hotel is concerned. For the bill which the Ium* lnaries from Hollywood loft unpaid v*n« v . . i\cd Friday morning from 1 if i M' ines by Acting Chief uf Police Fritz Frank Franks immediately tei*pho:.rtd the hotef rnanagein^t that the mune\ had .ii riv d. and exc»uti\c.s of tlie in r-l sighed a collective sigh of relief. Tin- management is inclined to tnk« , tight 1\ threats made by the cinema; actors that they were planning to eue i th® hotel. For although the actors wen* held hi lies Moines at the re-j quest of ihe hotel, the management] points out that actors must pay their: bill*, the same ns other guest*. Aurora to Have Two Non Business Buildings Aurora. March 6.—C. C. Jessie, j proprletoi of .lessees bakery, ha-1 purchai-ed a valuable lot do the I nest fine of the square and a t«o story brick building will be erected in place of the frame structure, now occupying- Ute lot. Another building In contemplation during the coming tear is the new First National bank. Principal of Beatrice High School Resigns Beatrice. March 6.—Julius Gilbert, j tor «e\en years principal of Beatrice High school, has tendered his resigna lion to become effective June 3". He has offers from schools elsewhere. The board of education at Its annual meeting re elected teachers of the city schools for the coming year. They will be given until March 15 to sign contracts. Winatare City Well Dry. Rrldgeport. March 6—Mirtatare Is biinif supplied with water for do me. tl- and municipal use from tjie well .it the Great Western Sugar company’s factory site, since the city Hell, which bis supplied needs of the .-tty for years, went dry the first of the v\(*ek. A charge of dynamite ex plode.] n the well failed to bring a new flow of water. A contract has been let to a Scottsbluff firm to sink 1 :- v be;. well, and work has begun on -It • eral rode from the old well. GLORIA SWANSON QUITS HOSPITAL Paris. March »' lUoria Swans*** tills afternoon loft the hospital wher* she was operated on I'Vbri] *i > 1T and motored to Versailles where sii* has taken apartments it the Hotel Trianon. She ex|»ect* to rail foi Attierlra, Much II*, nboard tie* lb M rarls. Hor«p$ Bring \\cragc of $123 at Public Sale B*a.frhe. March 6 -Six head of hordes «o|rl on an average >of $125 tr tli*» J. M. Stnermet* farm sal* north west of Beatrice, and milch cow* brought ?'l to a head. Ilmsc 33 ^ cars Old at Death. Nehmskn < ity, March —A horse :’.'i > e.n ■ ff age dietl at the William Idel ulfl farm on the east wide of th^ river yesterday. lor many year* the hnrs»* was us*-d as a delivery animal for a local ltakety, but 11 years ago was pen- lane* 1 and since then has not done a day’s work. ' ‘ What In Rational IAving?" This Subject Will Be Discussed by Rev. Ralph E. Bailey at ! The First Unitarian Church (The Church of Liberal Christianity) j 3114 Harney Street j SUNDAY AT 11:00 A. M. The sermon will he an analyst* ij a vital purpose which most people adopt and seek to follow. 'trInity cathedral’ 5 (EPISCOPAL) Z IStb Street and Capitol Avenue • ORGAN RECITAL I Fy • Ben Stanley ■ Assisted by Rudolph Helgren, Farltone . SUNDAY ; March 8th, at 4:30 o'Clock • The public is cordially in\i!ed. m i i i m i i I i >i ii « t i i « i < i • •. ASTHMA MJk No cure for it, bet teelcom* » « relief is often brought by— VICKS ▼ Va ro Rub _Geer 17 Million Jar» U—4 Ytmrky 25 BARS TOMORROW! With every purchase of $10.00 or more, we will give 25 bars of genuine CRYSTAL WHITE SOAP. Buy that Spring Suit here now on an easy payment account— save real money and get this valuable free gift. A Good Clean Offer, Good in Any Department in This Store! _ New Spring Suits All Two Pants to Double Their Wear GREAT CLOTHES VALUES FOR THOSE W HO KNOW •nil those who rare. New Spring Stock, are ready for you at Harris-Goar-.—the largest and finest we hare •Ter shown, the most liberal terms and the lowest price*. AI L TWO PANTS. '25.00 '34.75 '39.75 * _ NEW LIGHT SHAPES IN ATX THE NEW PATTERNS. Ileaittlfnl woolens, hand tailored to fit and hold their shape. Kerry suit a distinct xalue, ready to serTe you with more good looks and good serxice than any sxiit you haxe had In many seasons. Good enough to tell yonr friends about. Greatest Shoe Values y Men, Women and Children---All the i New Spring Styles---All New Shades \ iou xxIII txe delighted with the nexx shoes xse are \ showing and the (Moderate prnes. Fxerx *hoe gxiar J antred (except patents) and you are welcome ty "V add a pair to your charge account. ] Women’* Fine Shoes —$4.95 to $9.75 Men'* All-Leather Shoe* —$5.00 to $8.75 V Boy*' and Girl*' Good Shoe* | —$2.50 to $4.95 Ask to See Our Big Special $5 Shoe for Men and then try to duplicate anywhere for the price. Fine Hat*, Caps, Shirts, Neckwear !■ iZ A A M.u n,i i ■ • In nil chopping on ump puny pijnifn, annum.’—A ■ luii- ilint will liiti n «t iliplffjr .vUo|ippin who wan! (h* ".r *hHr mone,how ,. «c« K. 507 t() 5|J SOUth 16th Street