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JISCOUNT BLOW
'AT STATE BANKS,
IS CHARGE MADE
Mew Progressive Rate Merely
Thrdst by Reserve Banks,
' Declares Counsel Man
' ager Denies Charge.
That the ,9 per cent progressive
discount rate charged here by the
Federal Reserve bank is an effort
to force nonmember state banks
in Nebraska to join the federal re
serve system, is charged by -J. P.
Palmer, counsel for state bankers
in their fight against the demands
of the federal reserve system that
they par all checks.
. "The fact that the 1 per cent
rate was placed in effect in only
three reserve districts, and that these
districts are where state bankers
have organiecd to resist the federal
reserve system indicates that the
rate is a direct thrust at nonmem
ber banks," said Mr. Palmer.
Bankers to Meet Here.
"The 9 per cent rate will not in
jure the small state banks in Ne
braska, however, except in an indi
rect manner, unless .they must bor
row money. The organization of
State banks in Nebraska is growing
i stronger ana me use or a s:amp
making checks nonpayable through
f the federal reserve svsteni is crow-
'ing more general."
Seventeen state barfkers will meet
,
THE BEE: OMAHA, SATURDAY. MAY 1,
in Omaha today and will leave
tonight for Washington to at
tend a meeting of the National
and State Bankers' Protective asso
ciation, organized last February in
New Orleans to resist demands
that hey par checks, made by the
federal reserve system.
Enroute to Washington.
Among the Nebraska bankers who
will attend the meeting are H. G.
Welensick, Harvard;' Woe is Cones,
Pierce; C. A. McCloud. York; C F.
Gund. Blue Hill; K. Frantz,
Eagle; Charles Nelson, Long Pine;
Elmer Williams, Grand Island; H.
A. Snyder, Plattsmotith, and E. E.
Butler, Weeping Water.
The bankers' association will meet
in Washington, Monday, to discuss
further means of resisting the feder
al reserve system. On Tuesday it
will appear before the backing and
currency committee of the house of
representatives. -
Manager Denies Thrust.
The. meeting should lead to the
reorganization of the entire system,
according to Mr. Palmer, who wil!
be present at the Tuesday meeting.
Manager Earhart, of the Omaha
branch of the Kansas City Federal
Reserve bank, yesterday denied that
the 9 per cent progressive discount
rate had any bearing on the fight be
tween the federal reserve system
and the state bankers.- The fact that
it is only enforced m three sectipns
means nothing, he said.
Wins Speaking Contest.
Beatrice, Neb., April 30. Mfcs.
Bertha Fishbach was awarded first
place in the annual high school de
clamatory'contest and will represent
Beatrice at the State contest to e
held at Lincoln May 13. Second
honors went to Catherine Smullhr,
and third to Katherine Spellnian.x
Aged Bellwood Editor Has 53
Children at Birthday Party
Wm. A. McGaffin is Enter?
tained at Home Reunion
On 75th Anniversary.
On his seventy-fifth birthday an
niversary, William IL Mcfcaffin,
editor of the Bellwood (Neb.) Ga
zette, was joined in the celebration
of the event by hU nine sons antl
three daughters and .their families,
making a total of S3. The event wai
staged by his wife and daughters.
Mr. McGaffin is one of the old
est newspaper publishers in Ne
braska, having'been publisher of the
Gazette for 35 years. Nearly the
whole family are printers.
Dinner for the family was served
in cafeteria style at the home in
Bellwood last Sunday. The table
was heavily laden with the big country-style
diunfcr and Father McGaf
fin, in spite of his years, appeared to
enjoy the festivities as much, as his
youngest grandchild. 1
The members of the family, be
sides Father and Mother Mr. Gaf
f in. are: Messrs and MesVlames
William kH. 'McGaffin, jr., David
City'; H. M. McGaffin, Polk; Rob
ert McGaffin,' Omaha; L G. Nant-.
kes, Bellwood; George" McGaffin,
Bellwood: J. M. McGaffin, Omaha;
Job McGaffin, Pocatello, Idaho;
Fred McGaffin, Cherokee, Iowa;
Ralph Harris, David City; Walter
A hammer to which nails are fed
by paper strips to save time has
, it
McGaffin, Bruning; J. C. Mahlin,
Smithfield; Master Wesley McGaf
fin, Bellwood, iand 30 grandchil
dren. . ' -
been patented
ventor.
by a Califoaiia in-
m-l TAKE ELEVATOR-SAVE $10
13 Ei
I'SttE3
TRA
Buy-AU-Woo
, for you to get the habit of
saving on your clothes cost.
While all lands of clothing
is soaring in price - we are
still able to sell ALL WOOL
GUARANTEED CLOTH
ING at prices that most any
man can afford to pay. ....
UPSTAIRS
aid Top Coats
Open Saturday
Until 9 p. m.
We Take From Your
Clothes Costs
High Street Floor Rents, Ex
pensive Delivery Costs and all
Credit Losses. We buy fJr cash
and sell for cash. Your
is there."
Guarantee
If you can duplicate these
suits or top coats for less than
$10 more in any ground floor
store, come back and get your
money. '' '
See th e Sa vihg Yo u
Can Make On
Odd Trousers
Patterns from suits, fancy stripes in
worsteds and serges. Here are values that
ground floors are asking $10.00 to j$12.50
for. Our Second Floor Price s
saving '
$7.50
Raincoats mi Gaberdines
All styles ior mqn and young men sold
the upstairs viay
$10 to $85
hi
A.
hid
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h rents
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New Ship Christened
With Nemaha Water
By Nebraska Woman
Washington, April 30, (Special
Telegram) John W. Towle of
Omaha, recently elected a delegate-at-large
from Nebraska to the re
publican national . Convention, ac
companied by Mrs. Towle and his
daughter, Miriam, are in Washing
ton today returning from Wilming
ton, Del., where yesterday Mrs.
Towle christened the new cargo
steamship "The Nemaha" with
water -from the river ' of the same
name that flows through the first
district of Nebraska and represent-
ea in congress oy c rraiiK Keavis.
When the officials of the shipping
board decided to name the new ves
sell the Nemaha ' in honor of the
river and county in Nebraska, it was
suggested to Mr. Reavis that as Mr.
Towle, an engineer, had, formerly
been connected with the ship build
ing plant at Wilmington and that
Mrs. Towle, formerly Miss Everts
of Richardson county, Nebraska, had
lived on the banks of the Nemaha,
it. might be a courtesy to ask Mrs.
Towle to send the vessel down the
ways with her good wishes for safe
voyages. .
Mr. Reavis acquiesced in the sug
gestion and the launching yesterday
with Mrslowle as sponsor for the
new boat was perfectly consum
mated.' .
The Towles will go to Sulphur
Springs, Va., tomorrow to- spend the
week-end before returning to' their
home in Omaha. .
Veteran Indian Fighter
Dies at His Home in Brock
Auburn, Neb., April 30. (Spe
cial.) August Quante, Civil war
veteran, plainsman, freighter and In
dian fighter, aged 80 years, was
buried at Brock. .
Mr. Quante cameto Nebraska in
1865 and entered the employ of Cole
& Carter, government freighters. He
drove team from Leavenworth to
Fort Laramie and other Wyoming
posts. He was in eight battles and
skirmishes with the Indians on these
trips, and one time his outfit, con
sisting of 20 men,-was attacked by. a
band of 400 of the Cheyenne Sioux.
They made a corral of their wagons,
which were chained together in a
circle, and stood off the Indians for
three days. In this fight three men
were killed and several wounded.
Quante only got a bullet hole
through his blouse. The party wa
rescued by a battalion of soldiers
from Fort Laramie, which was 25
miles away. Quanti bore the mes
sage asking for help, making his
way through the -cordon of Indians
oit the third night, and getting safe
ly to the fort.
Auburn Man Says He Was
Held Up by Whisky Bandit
" Auburn, Neb., April 30. (Spe
cial.) Sheriff Davis received a
telephone call at 3 a. m. from. Wil
liam Otto, at the Missouri Pacific
depot, in which the latter stated that
he had' been robbed of $800 by an
unmasked bandit in the railroad
yaids.
Otto lives at Vcrdon. When the
sheriff investigated he found that
Otto claimed that he was robbed
three hours before he put in the call.
Investigation, the sheriff says, would
indicate that Otto had beetf robbed
by a bandit. The fellow held him up
by double crossing him, thesheriff
says. Otto was offered a case of
bootleg whisky for $800. When he
received it he found that the bottles
all contained qold tea. ,
y -
Auburn Girl Graduates
Ban "Flossy Furbelows"
Auburn, Neb., April 30'. (Spe
cial.) No flossy furbelows, ftor
sartorial confections for the com
mencement season, is the slogan f
the girls of the senior class oiythe
Auburn High school. i
At a class meeting the' sweet girl
graduates who will participate in
the commencement exercises next
month, decided that they will com
bat the high cost of dressing by ap
pearing at all the exercises garbed,
not as the lillies of the field, in gor
geous raiment, but in uniforms to
consist of white middy blouses,"
white skirts, stockings and Shoes
and with black ties.
Fremont Business Men to '
"Supervise "Y" Building
'Fremont, ,Neb., Aprjl 30. (Spe
cial.) To supervise thexpenditure
of $34,000 given1 by Fremofit to the
Y. M. GA., a citizen's committee
4tas been organized to work with
association, officers."' Frank .Knapp
heads the joint committee, witn John
Sonin, Frank Johnson, John Mpn-
nick and Charles Tohnunn a other
jficmbers
1920.
NO SHORTAGE IN
HAMBURG BANK,
EXAMINERS SAY
Accounts of Missing 'Cashier
0. K. Father-ln-Law
President Guarantees Fi
, nances of Iowa Bank.
Any shortage thaT may develop
in the accounts of "Gib" Franklin,
vanished cashier of the Bank of
Hamburg of Hamburg. Ia., will in
no way affect the stability of vthe
bank, according to a statement is
sued yesterday by specialexaminers
sent to Hamburg by the Omaha Na
tional bank, the Commercial Na
tional ban!? of Chicago and the
Tootle & Lacy bank of St. -Joseph,
Mo. . -
The examiners reported that no
definite shortage had yet been
shown, but stated further that G. M.
Bealc, president of , the bank, and
wealthy father-iilaw of Ft anklin,
had guaranteed to niale good any
shortage that might be found.
yjuwtion Personal Notes. '
"There are some personal notes
of Franklin's regarding which ques
tions have been raised, and some
perscral transactions that require
further investigation," it was stated.
"Franklin's financial affairs, how
ever, were not in a condition w"hich
woud have caused him to run away.
There was another reason for- that
step."
J. E. Morgall, heavy stockholder
in the bank; denied today that he had
issued a statement late yesterday
that Franklin's shortage would be
about $60,000. , ,
( No Defalcation. ,
In a "formal statement yesterday
officials of the bank announced busi
ness of the bank was being carried
on as usual and that depositors were
fully probcted by good (loans and
the undisputed responsibility-' of
bank officers and directors.
"Mr. Frankfin's disappearance will
in no way affect the affairs of the
bank," the statement said.
No word has been received from
the missing cashier Since he phoned
to his wife more than a week ago
from the Heushaw hotel here. He
left the hotel immediately after the
telephone call.
No Satisfaction.
President Beale insisted yesterday
that no defalcation on the part of
Franklin had developed.
Bealc said he thought it possible
that Franklin played a "little poker,"
but did not think that gambling
losses were responsible for his dis
appearance. Beale said both him
self and other friends of the missing
man felt sure that he had met with
foul play.
. Beale denied that a reward of $15,
000 had been offered for news of the
whereabouts' of Franklin. Affairs of
the bank, he maintained, wtre in
first class shape and that the bank
would continue business as before.
Reappointed Court Clerk
Lincoln, Neb., April 30. (Spe
cial.) Harry C. Lindsay has been
'reappointed clerk . of the state su
preme court ; for a four-year term.
Mr. Lindsay has served in '""this
capacity for the past 15 years.
Goct of Luck Favors (
Woman Aspirant for
Nebraska Legislature
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Fremont, Neb., April 30. (Spe
cial.) The god of luck favored the
woman Thursday and Miss Emma
Meservey holds the distinction of
being the first and only woman
candidate for the state legislature.
When the official canvass of votrs
revealed that she and Peter J. Bau.'r
were tied for the nomination, County
Clerk Barz ordeted a drawing.
Mr. Bauer this afternoon yielded
to Miss Merservey on the draw and
she pulled the long and winning
match. '
"I'm in politics to play square',
with a fair deal all around," was her
only statement.
Came to Omaha to Get
Whisky for a Wedding
Desiring joy water for a wedding
breakfast celebration in Nebraska
City, William Doyle came to Oma
ha to get some. 'James Lewis ac
companied him. Both were arrest
ed Thursday night at Twenty-sixth
and.Q streets, when the grip Doyle
was carrying attracted the attention
of Officers Beister and Dworak. f-
Investigation disclosed two one
gallon jugs of raisin yhisky. Ia
South Side police court yesterday
Doyle admitted tWat he had secured
the whisky and exonerated his' com
panion. He was fine $100 and
Lewis was discharged, v
Bar Carnival Companies.
York, Neb., April 30. The coun
ty board kof 21 members passed a
motion prohibiting carnival compa
nies from showing in the tounty.
pHipREN,
-r tnouia not d aosea ly;
. for colds - apply tha
"outsjde" treatment
VlfKS VAPOMJ
-YOVR BODYGUARD" - SQf.QQUsF2i'
ADVERTISEMENT
PIMPLY? WELL. DONT BE
People Notice It Drive Them
Off with Dr. Edwards'
Olive Tablets
A pimply face will not embarrass you
much longer if you get a package cf
Di. Edwards' Olive Tablets. The skin
should begin to clear after you have
taken the tablets a few nights.
" Cleanse the blood, bowels and liver
with Dr. Edwards' Olive Tablets, tht
successful substitute for calomel; there's
no sickness or pain after taking them.
Dr. Edwards Olive Tablets do thai
which calomel does, and just as effec
tively, but their .action is gentle and
safe instead of severe and irritating,
No one who takes Olive Tablets it
ever cursed with a "dark brown taste
a bad breath, a dull, listlees. "no good"
feeling, constipation, torpid liver, bad
disposition or pimpiv tace.
live Tablets are a Durelv vegetable'
compound mixed with olive oil ; you will
know them by their olive color.
Dr. Edwards spent years among pa
tients afflicted with fiver and bowel
complaints, and Olive Tablet arrthe
immenselj effective result. Take one or
two nightly for a week. See how much
oetter you feel and look, 10c and 25c.
1
V
CONANT HOTEL BLDq., SIXTEENTH STREET:;
Smart New
... .
Trimmed Hats
Very Specially Priced for
Saturday , in Two Groups v
Group No. 1
Values to $15
50
7
Included are Hr
Braid, Maline and y
Cnina Piping Hats;
either all straw or combined with the best ma-1 1
4erials and trimmings; in ak this season's
wanted-colors and styles!
s Group No. -
Values to $7.50
'17 '
There are Large
' Diess v Hats, Close
Fitting Turbans, Ir- .
regular shapes ; Chin- . , ' L :
Chins and many others in a wfde variety of colors
and newest apd most popular trimmings. All are
really most extraordinary values for this' extremely
low price. " -
MILLINERY SECTION SECOND FLOOR !
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A
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1' - ' x
Boys' Blouses
Genuine $1.10 and $1.25 Grades
New garments, guaranteed perfect. Made
ofpercale in neat stripes of fast color;'
all have' attached collars. They are per
fect garments, full cut .and carefully
made. ' Sizes 6 to 14; p7Gk
at 4UC
t CLOTHING COMFJLNY
COR.iafrDOUeiAS
' Sale of Juvenile Suits
Thee uit are worth considerable mora
money than our $4 93
Junior Norfolk and Eton styles; made
with pleats and tucks; newest pockets;
belted. Sizes 2 to 8.
Are You Willing To Be Convinced?
We lay the facts before you but it's up to you to look into them. .,'.-"
Read these offers and compare them. If you prefer to pay 25c or 45c extra on every dollar you pay for
Clothing, Hats and Furnishings, rather than come here and find out and actually see with your own eyes whether
or not you can save those amounts then that's your misfortune.' And yoa are paying for it don't forget it.
v YOU SEE HERE THE PRICES THE PALACE STORE ASKS, WELL-. i'-
Take our advice and compare them with those advertised by other stores.
REMEMBER, WE WILL REFUND YOUR MONEY ANY TIME YOU WANT IT
Mt. &
Men, Attend This Sale of Suits
W Of ffr "Trimnrmvi jR.T"VV'i. 1
900 of These $40,
$45 and $50 Suits at
any of the so-called exclusive stores start theiiv prices today at $45.
Only a very, very few quote a price as low as $40. And there isn't one that
considers $50 very much to pay for a suit. Well, look at this Sale.
New Spring Suits of the finest $40 and $50 qualities and workmanship-
the very latest models and fabrics all" the leading patterns for 1920 Spring, and
this store agrees to take back any suit that canjbe equalled elsewhere under $40,
and they invite men to call and examine, scrutinize and test every garment and
be assured that they will not be urged to buy. -
These Suits are made-'of blue serge, fancy worsteds and fancy mixtures,
r.nd in all sizfts, including stouts and slims.
IS SUCH A SALE WORTH
, v An Hour of Your Time to Investigate?
Serge Suits
The Kind Offered
Elsewhere at $20!
Special at
$n tfD98
They areSuits that you
wouldn't believe would be
offered in a sale . at
twelve-ninety-eight. All
are new Spring modeb.
" When you see the quality
"other stores offep at $15,
.$18 and $20, you'll be
juick to select one of these
suits made of fine Blue
Serge, in a rich, fancy
shade of fast color. Sizes"
6 to 16. . !
Boys' Button and Lace
Shoes, Values Up, to
$4. Special for Today
at $2.48 K
On Sftle Saturday
Union Suits
MediuAi weight, extra elastic
ribbed UNION SUITS for Spring
wear, in white or ecru; short
sleeves, ankle length; sizes 34 to
46. . .
They're worth a great deal more
money than garment
98c
806 N0RF0LKS
Two -Pan ts Suits
Now mother, get busy if you want
to buy the finest $15 to $18 cloth
ing at about Half Price. Tomorrow
weoifer you ALL-WOOL Garment
potitively worth $15, $16 and $11
$Hfl98
Extra K nicker with every !
Come In and See With Your -Own
Eye.
And remember, it' your own fault
if you have to pay the profiteer'
price later on. -
There are , about 800 suitsevery
one made' of all wool fabrics and
designed in the latest models., .
i m f trw
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If
iff
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