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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 10, 1918)
THE OMAHA SUNDAY BEE: MARCH 10, 1015. LAND BANK ENDS FIRST YEAR WITH GREArSIIOWING Omaha , Financial Institution Makes Prof it of $25,000 Duo 1 ing First Twelve Months of Operation. The Federal Land bank of Omaha, in the one year it has been in opera tion, has put out nearly $7,500,000 on farm mortgage loans, has a lot of Lib erty bonds and farm loan bonds on hand, and besides shows a net profit for the rear of $25,544.90. The first years business of this bank closed March 7. The first birth day of the1 organization was celebrated March 8. V ' At the close of business March 7, the bank showed the following re sources:.; '" .; -,''.'.'' ;' Farm mortgages: Jowa', $2,705,150; Nebraska, $2,741,440; South Dakota, $1,813,550; Wyoming. $210,600; Lib erty, bonds on hand, $12,500; farm loan bonds -on hand, $65,575; furniture and fixture!; $14,664; abstract deposit, $10; cash on hand, $50; cash in banks, $638,046; total, $8,2001,581. The liabilities were: Capital) ' , V. 8. sorcremtnt if H0.7 AIAIIVNII Iftlfll mvh AMU....... llffi'lV tadivtdiwU IMS IU Pr cent (arm loan bonda out- tandlnf .....a 7,000,807 Do borrowers 42.37S Mil 4.071 15.144 Payments (principal) . mortsat loana ......... ., Subscription lot farm loan bond (nftaaelfnad) ........ , Profit, leu expend it urea TotU ...................... ....l,I01,tll Under the federal farm loan act the bank was organized a year ago with the following officers: President, D. P. Hogan, Massena, la. vice president, Joseph. M. Carey, Cheyenne, Wyo.j secretary, Frank G. Odell, Omaha, Neb.; treasurer, B. D. Morcom, Sioux Falls, S, D.; di rector. Warren C Baker, Mitchell, S. D.; attorney and registrar, Merton L. Corey, Hastings, Neb. V Develop Organisation. The officers were confronted with some tremendous problems at the be ginning of the year's work. They had but little more than the copy of the federal farm loan act upon which vto begin their operations. They were required to develop a workable or ganization, not to handle a few loans gradually, but to perfect such an or ganization a could promptly yet con servatively supply the fair demands ade upon the institution by progres sive farmers throughout the states of our district, Iowa, Nebraska, South Dakota and Wyoming. The following table shows by states the number of local associations which have been organized and those which are in process of organization to. make applications for loans: tataa or District - Oraanlied. OrtaoUlnc. Iowa , to ii Nebraska til (1 South. Dakota. .....10 ti sol Wyoming ........ IS VoUt 4 ..............,....m ; Loans By States. " Loans made by the Federal Land bank of Omaha during the first year of ks operations have been by states is follows: :: ...tS.TSt.llt TEE HOUSE OF MENAGE The Store for Gentlewomen ' 1613 Farnam Street. . . Invites You to Attend the Revue of .Authentic Spring Fashions Women's '1a T Be BtU at ' . BBS TheEM PRESS THEATER . Mon., Tues., and Wed. March 11-12-13 V Afternoons and Evenings v i ' ' Copied models from the follow ing French houses: ; ' " ' : Callot,- Cheruit, Jenny, ; Premet, Paquln Lanyln, Frame Rolf, Geor. gette. v 1 J Original Models From : Michael : 5 Beautiful Mannequins , m Striking. Setting . J' ill r; " OKA CNB . . iectures in His Inimitable ,Way mm Nobraaka S.T41.440 South Dakota, 1,I11,J60 Wyoming 110.(00 Total ST.MO.no The federa! government furnished only the initial capital for the federal farm loan system. . As loans were made and mortgages executed to the Federal Land bank of Omaha :- in amounts aggregating $250,000, these were deposed with the representa lives of the Federal Farm Loan board and after the securities had been appraised by the Federal Farm Loan board bond issues were author ized for each' series. The bond issues of the Federa,' Land bank of Omaha for the first year aggregate $7,000,000. Part of these bonds have been sold to the United States treasury and the remainder to investors large and small throughout the United States. RUSS AT PEACE WITH ROUMANIA,. JORMERXOMRADE , . (Cootlnaed Trma - Pais Ou.) the arrest tf King' Ferdinand of Rou manian , . ' Other provisions pf the treaty are: The evacuated places are to be oc cupied 'permanently by- Russian troops. -;! Local authority will be invested in local self-governing bodies. In every town militia will be formed from the inhabitants of that town for defense of the interests of the popu lation. ( All Russifn prisoners and all those arrested for political reasons will be released. ' .' An international commission with two Russian and two Roumanian rep resentatives will be created to take up points of conflict between the coun tries..- ;' - Roumania will have the right to leave detachments in Bessarabia for the defense of Roumanian property and inhabitants residing there. Eussian War Party Sets Up v J ; New Republic (ContlBacd From Para On.) of the war. Ke was expelled from Europe for preaching peace and ar rived in New York on January 14, 1017 tint rtnmA n Puaai ! Anrtl after the overthrow of the imperial! government. Lenine Denounces War. The evacuation of Petrograd by the government and the populace . con tinues. Most Of the population are reported to be indifferent to their fate. Lenine has denounced those who oppose ratification of the Ger man peace, claiming that a revolu tionary victory will come from the peace. M. Bibenko, the bolshevik commissary of marine, i hat disap peared. Premier Lenine and Foreign Milt ister Trotzky are the signers of a I message sent out by the Kussian gov ernment wireless ordering the bol shevik representative in Sweden to have no dealings with the "German socialist imperialistsThe message reads: . . , "We cannot negotiate with' strike breakers such as the partisans of I Scheidemann (the German majority socialist leader, who are traitors to the working classes." - ,, Apparel rwrr- m I a : II r ii i mi Lone American Sentry Drives Off 40 Teutons (Cntiaad Fraia Pac Oae.) certainly did not wish to be discov ered. They cut the American wire with the greatest caution, making no noise, but the sentry who. later drove them off was watching their performance all the time. . . r American troops in the ' sector northwest of Toul have been sub jected for the first time to sn attack with, liquid fire. Enemy troops car rying flame projectors were just open ing the attack when an American pa trol, which happened to be near by, fired on them. The Germans fled precipitately, pursued by the Ameri cans. They cropped four projectors, two of which were flaming The Americans went into action so quickly that the enemy had no chsnce to light the other two. No damage, was done by the Karnes. - The projectors lay in No Man's land for three days. Early this morning they were brought in by an American patrol. All had been punctured by shots from the American irencnes.. s, Movies of Flame Projectors Late this evening the projectors were taken to headquarters. - They were strapped to the backs, of the men who brought them from No Man's land and moving pictures were taken. They are of a type, long fa miliar on the western front." '1 Late this evening the enemy bom barded American positions, heavily, but without result' ? On the Lorraine sector, as on the front northwest of Toul. the Ameri can aftitlery is showing effectiveness and accuracy.. Its shells are register ing weir on points back of the enemy lines, especially on crossroads.- bat teries and working parties. ' Because of a new but probably tem porary rule, it is not permitted to dis cuss American casualties, no -matter where they occur. : ' :' .:'-' v - i- i SLASHING NERVE OF SAMMIES Makes No Difference What Are the Odds, . Americans Promptly Bust Into Germans. , WINS ADMIRATION OF FRENCH (By AaaocUtad Freaa.) Washington, March 9. German troops in the attack in Lorraine, on the night of March 4, twice gained a footing in the American trenches, only to be driven out in fierce fight ing. An official dispatch today trom France eivinir an account, said the Americans showed a rare quality of courage, self possession and calm bravery, which won them the admira tion of the neighboring French troops and the hearty congratulations of the French hi eh command. The Americans engaged were the latest to enter the trenches, going into train with the French. First news of their presence on the battle line note in the French official statement of March 5, which told of their brave conduct - in repulsing the Germans. Today's dispatch, which gave . the first details of the fighting, said: s "After a very heavy artillery preparation, including shells of all calibre, which completely demolished the ground of the sector, a strong attack was made upon the positions occupied by the Americans. A few of the enemy succeeded in penetrat ing into a trench, but an energetic tnd severe counter attack threw them back in confusion. 1 ..' "Meanwhile another .section suc ceeded in cutting the barbed wire in front of the positions where the fight ing was going on, but they also were quickly dispersed by the precise firing from the rifles and machine guns. "A third company finally succeeded in stealing its .way into the lines and attempting' a flanking attack, which was on the point of success. Here especially the Americans gave proof of splendid energy and a morale i' : . . -,- .. . ... ' . ' ' . . . . .. . , 4 .. . Ill Our formal shov Fashions will be presented to tile omen of Omaha Monday, March eleventhv and Tuesday, March twelfth .- . . It is a most comprehensive exhibition pr v distinctive Millinery Tailored Suits Your attendance is cordially THOMPSON beyond all praise. Almost entirely surrounded, they did not dream for one instant of surrendering and .their efforts to extricate themselves were so determined that they succeeded in displacing the enemy without leaving a single prisoner in their hands. "The same - date towards 4:30 o'clock in the morning, an American patrol of four men and one sergeant encountered an enemy patrol that was cutting the-barbed wire and-which was composed of nine . men. Giving proof this time of splendid offensive qualities and without considering their numerical inferiority the Ameri can patrols threw themselves upon the adversaries and after a. furious, combat succeeded in putting them to flight brinking back with them two prisoners. "In the attack and hv the defense, the American soldiers assumed, the brilliant place, which they intend to hold among the allies armies. Sheriff Says He is Not Conducting Hospital Health Commissioner Connell Sat urday ordered Sheriff Clark to hold for his orders four'women who had failed to pass physical tests at the city jail. Clark ill: disregard the" order, he said, as it js not within the scope of his ofike to hold as pris oners women not regularly commit ted by the court "I am not conduct ing k hospital," said Sheriff Clark; New Persian Cabinet. ; Washington. March 9. The Per sian minister today informed the State department of the personnel of the new Persian cabinet; which is headed by Mostovif-El-Mamalek as premier. ' 4 Si' " : i ; character-displaying Dresses -fabrics -Accessories BELDFN v;m HALF BILLION BY SCHOOL KIDDIES IN GARDEN VORK President Wilson, in Letter to Secretary Lane, . Urges' That Children Take Active Part This Summer. Washington, March SKPresident Wilson, in a tetter to Secretary Lane, expresses the hope i 'that "every school will have a regiment in the folujiteer. war garden army the army otscnool children that it is estimated mayraise this year produce valued at $500,000, 000. ( -f -"- .'- The president's letter saidl "I sincerely hope that you may hi successful, through the tureau of edu cation in arousing - the interest., of . t 1 1 1 .1 ' ' ! I ' icatucrs ana canarcn in ine scnoois of the United States ill the cultivation of home gardens. Every b6y arid girl who really sees what the home Jirden may mean .wil)," I am sure, enter into the purpose with-hlgh spirits, because they would all like to feel that they are in fact fighting in France by join ing the horn garden army." "They know. that'America has un dertaken to send meat and .flour, and wheat and other foods for thesupport of the soldiers who are doing the fighting, for the men and women whj! are making the munitions ttnd for the boys and girls of western Europe and that we must .also food ourselves while we are carrying on this war The movement, to-establish girdehs, therefore, and to have the children work in them is just as real and pa triotic an effort as the building of ships or the firing of cinnon. I nopfi A t - -Coats -Blouses- invited that this 'spring every school will have a regiment in the volunteer war gar den army." . It is Secretary Lan'e idea that is being worked out through Commis sioner Claxton of the bureau of edu-. cation to have 5,000,000,000 boys and girls of the schools in every city, town andvillage fn the country,.' captained by 40,000 teachers, produce as nearly as possible all of the vegetables, small fruit's and eggs for their home consumption.-- - Lee Magee, Star Outfielder, . Sold to Cincinnati Reds , St. Louis, March 9.Lee Magee, in fielder, was released py the St Louis ; Americans today to the Gncinnati Nstiopals. A three-cornered trade was involved. , ... . ' "lB7returnfor Magee thi t. Loui9 Americans receive from Cincinnati Tirtt G- Hendry jutfielde-f-the New Ycift Americans willTget 3 i'player, ietnef from' the Cincinnati Nationals or from the St. Louis Americans. 1 Magee . was obtained, from -the New ?ork Americans ain July, I9l7i. New ork obtained him from the rBook lyn Federals., wheri the. war -with the Federal league ended." Magee's salary jast year wa-$8,500; He-was offered less man ?,uuu lor xnij season py the St. Louis Americans a.nd has not yet signed a contract Sinn Feints Arrested (AfteriSeUure of Pigs London March' 9. Diarrhii Lynch, Sinn Fein "food 'controller," was ar rested Thursday, in" connection with the recentommartdperijig of pigs in Irelind, ' according to an Exchange Telegraph dispatch from Dublin. ' American Aviator Killed. San'Antonfo, Tex.,' March 9. Lieu tenant Leslie p. Chandler of Hinsdale, 111, was killed jn an airplane accident at Kelly field early last night Cadet Hinry K. JIuber, in the plane' with him, escaped with alight injuries. m