THE BEE: OMAHA, TUESDAY, MAY 17, 1921
Farmers Working
To Gain Control
Of Grain Markets
Takes First Place in
Dramatic Contests
Exchanges of Country Facing
Strong Opposition From
Agricultural Orgauina-
tions of Couutry.
By CHARLES D. MICHAELS.
hlp(o Trlbune-Omrihn He Wire.
Chicago, May 16. Indications are
that members of the grain ex
change will have to bestir them
selves continuously and to a greater
extent than ever from now on. They
arc up against a tougher proposition
in the vay of opposition from the
farmers' association than tliey have
ever dreamed of.
The farmers' associations are
working to gain control of the grain
trade of the country through their
pooling' operations. If they ever
get control they are likely to trade
in futures in the same way as at
present, but they will then have
everything in their own hands.
J hey are showing their strength
in law-making at Springfield and in
congress. Passage of the Tincher
bill by congress last week by a vote
of 269 to 09 and of other farm bilks
shows the sentiment there. Grain
turn here do not believe the senate
will pass the Tinrlier bill or other
bills without modification, and it is
understood the agricultural com
mittee will give the grain trade a
full hearing. i
When grain traders learn of all the
plans that farmers'. associations have
and are slowly working out, they are
likely to have a thorough awakening
anil will have to keep working all
tlte time from now on. even should
they rii'tcat present bills lo regulate
the ?xi:hanes. m
Quick Action Necessary.
The situation of the. exchanges is
otic which the brainiest men of the
.rain trade must devote a lot of time,
analyze conditions, and act -quickly
to keep control.
There is no need of trade becom
ing panicky because of the passage
of the Tincher bill. Exchanges can
live under its regulations, although
they are by no means pleasant,' and
can be made practically prohibitory
by the secretary of agriculture, who
is the dictator of regulation in case
the bill is enacted into a law.
It is not expected that there will
be bread f .vcii!ativc markets while
legislative bills are pending, as there
is too much uncertainty surrounding
them. Despite these .conditions,
trade sentiment is quite bullish in
terlair.f quarters and emphatically
bearish in others.
Hit winter wheat promise is less (
favorable, although the damage so far
is fairly rcp;esnted in the govern- j
went crop venort, which snowed oy,
000,000 bushels or 8,000,000. bushels
more than in April, and compared
v ith 498,000.000 bushels last year,
while the lmrif.t last year was 577,
000.000 bushels.
Kansas. Oklahoma, Texas and Ne
braska have a promise, as shown by
the government report, of 251.000.000
bushels, a loss of 6.000.000 bushels
from last year.
Spring Wheat Good.
Leading states east of the Mis
souri river have a promise of 1.V000,
000 bushels, an increase of 44,000.000
bushels over last. year. The promise
for sprincr wher.t is good and the crop
is one to two weeks aneaa 01 idsi
venr, so thct prospects are the crop
will be well advanced before the rust
period.
Wheat stock? are steadily decreas
ing. The visible supply promises to
ftt rear the disappearing level be
- fore the middle of July and indica
tions pcint to a light carryover. That
the statistical position is strong the
v, orld over, is shown by the estimate
of the International Institute of
Rome that the carryover of wheat
and rve at the end of this season
will be 52,000.000 bushels. This prob
ably does not include flour stocks,
but it confirms claims made for the
last six months that . the surplus at
the end of the season would be small.
John M. Cahill, Veteran,
Omaha Train Employe, Dies
John M. Cahill. 4215 Grant street,
died at St. Catherines hospital
early yesterday. He had been,
ill since Christmas and had been
confined to the Hospital for the last
weeks. He was 58 years old.
Mr. Cahill . wa a resident of
Omaha 35 vears. 20 of which he was
employed by the street car com
pany. " He was jailor of the county
iail during the firs term of F. J.
i MeShane as sheriff ot Douglas
county. ,
He is survived by his wite, three
. M;i,ofl T lohn E.. and rran
B Cahill. "and four daughters, Mrs.
B Guennette, Mrs. A. Guennettc,
Mrs. Jack Butler and Miss Mar
guerite Cahill.
S2.000 Offered for Arrest
Of Laundryman's Murderer
p9n;t fitv S. D.. May 16.
(Special.) In addition to the re
ward of $1,000 offered by running
ton county in connection with tne
recent murder in this city of On
Tai, -wealthy Chinese laundryman,
who was killed with a blunt instru
ment in his place of business, evi
dently for purposes of robbery, the
Chinese association of San Fran
cisco has offered another $1,000 for
evidence leading to' the arrest aud
conviction of the slayer.
Paralyzed From Injury
While Cranking His Auto
Arlington, S. D., May 16. (Spe
cial.) William Morrison, manager
of a local produce house, was par
alyzed from the waist down as (he
result of an accident while starting
his auto. The self-started refused
to work and he got out of the car
and cranked it. The car was in
gear and it jumped forward, running
over him and injuring his spine. He
was rushed to a hospital, where an
X-ray v revealed a broken vertebra.
Salaries of Madison City
Officials Cut by Council
Madison, S. D., May 16. (Spe
cial.) The cit commissioners of
Madison have reduced the salaries
of the city officials. One of the of
ficers affected is the city auditor,
whose salary was cut from $100 to
$50 a month. The chief of police
was cut from $135 a month to $120:
night watchman. $125 to $110; street
commissioner, $175 to $150. Other
sa'arics were reduced in about the
same proportion, '
St, JW
, 7 I
W armsfe, mV-1
Annette Fanger of Central High
school won first place in the state
dramatic contests held at Cozad Sat
urday, competing against 30 con
testants from all parts of the state.
Miss Fanger won a district dra
matic contest held jut Omaha last
month, and qualified for the state
contest because of her good showing.
She has an important part in the
seniors play to be given by the grad
uating class of Central High school
June 3 and 4 in the high school auditorium.
Labor Bank Here
Union Proposal
Louis H. Kortv,
Phone Founder
In Nebraska, Dies
Came to Omaha With U. P. in
1871 Became Superin
tendent of Telegraphy
In 1887.
Building Trades Council Sug
gests Purchase of State In
stitution Her
re.
Funds arc being raised by labor
organizations in Omaha to purchase
and operate a state bank, John M.
Gibb, secretary of the Building
Trades council, announced Sunday
following a special meeting ot the
council.
No actual subscriptions have been
taken, he said, but three men have
volunteered $25,000 each to start the
fund. Other union ofiicials affirmed
his statement.
The name of the bank under con
sideration was not revealed, but the
ofiicials declared "preliminary in
vestigation has assured us a suitable
financial institution can be pro
cured." Secretary Gibb said $5,000,000 de
posits by labor organizations, and
farm organizations are assured.
Formal action on the purchase of a
bank here will be taken at the next
meeting of the Central Labor un
ion, Secretary Gibb intimated.
Louis H. Korty, 24, died at 6:10
yesterday at his home, North
Thirty-second avenue.
Mr. Korty was one of the found
ers of what is now the Northwestern
Bell Telephone company, and for
many years was superintendent of
telegraphy for the Union Pacific.
He is survived by his wife and one
daughter, Mrs. J. Ri McDonald.
Funeral services will probably be
held Wednesday afternoon at 2 at
the home.
Mr. Korty was born in Hanover,
Germany, October 22, 1846.
His family emigrated to America
and settled at Fort Madison, la., in
1852.
Studies Telegraphy.
In I860, Mr. Korty got his first
job as a "printer's devil" in the local
newspaper office and later clerked
in a bookstore where he studied
telegraphy. t
He became a telegrapher and 'in a
few years was transferred to Chi
cago where he became utility man
for Illinois, Iowa, Wisconsin aud
Minnesota.
In 1864 he entered the military
telegraph corps and served as a
cipher clerk to the end of the war
and through the reconstruction
neriod. returning north m 1867
where he entered the telegraph serv
ice in Chicago and remained until
the completion of the Union Pacific
railroad in 1870.
Retires on Pension.
' He entered the se--vicesof the
Union Tacific, and in 1871 was trans
ferred to the general offices in
Omaha where he rose to assistant
superintendent of telegraphy in 1881
and became superintendent in 1887.
On May 5, 1908, after 38 years of
continuous service, he was retired
on a pension.
On October, 1871, he married
Elizabeth B. Sampson of Chicago,
whose family lost everything in the
great fire there five days, previous.
Secures Rights.
During his service in Omaha, Mr.
Korty was closely associated with
J. J. Dickey, superintendent for the
Western Union in Omaha, and im
mediately after the invention of the
telephone, he and Mr. Dickey
secured the rights for part of Iowa.
Nebraska, Wyoming, Utah, Mon
tana and Idaho, and organized
wliat is now. known as the Northwestern-Bell
Telephone system.
At the time of his death, Mr.
Korty was a large stockholder in
this company.
Mr. Korty was a 33d degree Mason
and a past commanWr of the Omaha
lodge of Knights Templar.
He was an honorary member of
the Loyal Legion, member of the
United States Military Telegraph
corps, and a member of the Tele
phone Pioneers of America.
Norris to Back
Additional Plan
To Help Farmers
Nehraskan Would Form $50,.
000,000 Trade Company
From Profits of U. S.
s Grain Corporation.
Chicago Tribune-Omaha Bee Iacd Wire.
. Washington, May 16. Senator
Norris of Nebraska will introduce
late today a bill to create an agricul
tural trade finance corporation, with
a capital stock of about $50,000,000
to be furnished from the profits of
the United States Grain corporation.
The purpose of the corporation
would be to finance the sale of
American surplus crops abroad and
is designed to bring immediate re
lief to the farmers of the country.
The corporation, which would not
cost the taxpayers of the country a
cent, would be authorized to issue
debentures up to $500,000,000 and
would make loans to farmers who
would be required to purchase stock
in the corporation in the amount
of 10 per cent of the value of
their export stock, the government
thus getting back 'its money in
vested in the corporation.
Senator Norris estimates that there
is now in the country, a surplus of
7,000,000 bales of cotton, 400,000.000
bushels of corn and 230,000,000
bushels of oats.
Carl Vroomans of Illinois, former
assistant secretary of agriculture,
has been much interested in the pro
posed corporation and has assisted
Senator Norris in the preparation oi
his bill. It is .understood that of
ficials of the government who have
been sounded in the matter believe
that the proposed corporation yvould
be practical and effective in relieving
the slump in American agriculture.
Sutton High School Glee
Club Gives Annual Concert
Sutton. Neb., May 16. (Special.)
The High School Glee club gave
its annual concert in the school
auditorium. The club consists of 40
members. They rendered the can
tata, "A Day With the Mound
Builders," an Indian play. It was
directed by Miss Freda Arnold,
head of the high school music de
partment. 2.
35 Will Graduate
Tccumseh, Neb., May 16. (Spe
cial.) There will be 35 graduates
from the Tecumseh High school this
vear. The entertainments attending
.. , . i .. . K
me ciosmg oi scnooi aic nuw ui- bargains
ing held. j Want Ads.
Lad's Ruse Works
For While, Then
Police Nab Him
Youth Accused of Lincoln
Robberies Hides Under
Bed, But Officers Get
Him Later.
After giving detectives the slip
once Eugene Livingston, 22, Forty
ninth and Dodge streets, was ar
rested in a downtown barber shop
Saturday and taken to Lincoln Sun
day, where he is wanted for rob
bery. Detectives sat waiting for Living
ston in his room at 2635 Decatur
street, from 2 to 10 p. m.
All that time, they later learned,
he lay hidden under a bed. When
the officers stepped into another
room he crawled on his hands and
knees to a rear door and then ran
down an alley to a downtown street
car.
Young Livingston is held in Lin
coln with Mose First anad Tony
Banacci, alias Bananas, . both of
Omaha, for a number of store rob
beries in the capital the past two
weeks, the last of which is alleged
to have been ' the theft of $1,000
worth of cigars and cigarets taken
from the Burlington drug store
Thursday night.
This loot, according to Detectives
Haze, English, Trapp and Munch,
who, with Detective Schneible of
Lincoln, made the arrest, was
brought to Omaha by automobile
and concealed in a house at 2655 De
catur street.
Livingston denied all connection
with the case when arrested, but
was identified by persons at the De
catur street house as the man who
paid them the rent and carried the
loot into the house, according to the
detectives.
Banacci is a former Omaha news
boy.
Shareholder Sells Stock
In Stromsburg State Bank
Stromsburg, Neb., May 16. (Spe
cial.) W. J. Sahling has sold hi
stock in the Farmers State -bank of
Stromsburg to Oscar Rystrom,
president of the bank, and C. A,
Larson. Mr. Sahling will move to
York. Ihe bank will be managed
by Theodore Moline, at present
cashier.
Farm Bureau Campaign for
Members Meeting Success
Canton, S. D.. May 16. (Special.)
The Farm Bureau campaign being
staged in Lincoln county is meeting
with success and a farm orgamza
tion with a strong membership is
expected. .Meetings are being held
at different places in the county in
behalt ot the movement.
of all ki,nds in Bee
Dentists Assemble
For State Meeting
Delegates Swing Golf Sticks at
Field Club to Prepare
For 3-Day Session.
Delegates to the annual conven
tion of the Nebraska State Dental
society swung wicked golf clubs it
the Field club, yesterday, getting
in trim for the convention sessions
in the Fontenelle hotel and Audi
torium. The society will meet the
next three days .during which time
clinics will be held at various Oma
ha hospitals.
The convention opened yester
day 9l the Fontenelle, when Mayor
Ed P. Smith delivered the address
of welcome to the delegates. Dr. F.
F. Whitcomb delivered the presi
dent's annual address, which was re
sponded to by H. A, Shannon of
Lincoln.
Tonight the dentists will have
their annual social frolic at the Fon
tenelle in the form of a dinner
dance. Clinics and lectures will be con
ducted by dental experts of the
United States and Canada.
The officers of the society are Dr.
F. f. Whitcomb, Omaha, president;
Dr. M. II. Dunbar, Omaha, vice
president; Dr, K. W. Fellers, treas
urer, and Dr. H. E. King, Omaha,
secretary.
Hailstone Striking Car
Driver in Eye Causes Wreck
Deadwood, S. D., May 16. (Spe
cial.) A hailstone striking the
driver of a car in. the eye during a
hail storm near Dumont' caused an
auto wreck, in which J. Carl Hoff
man of Deadwood, who was driving
alone, had a narrow escape from
serious injury or death. Temporar
ily blinded by the hailstone, he lost
control of the car, which plunged
into an irrigation ditch. He had t
walk nine miles before he could get
word of his plight to Deadwood
friends.
'Woodwork
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