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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (June 3, 1921)
THE BEE: OMAHA', FRIDAY, JUNE 3. 1921. v a v 5 f- Special Rates ' 'xt Ul U. a. Keserve To Be Removed S progressive Rediscouat Rates, to Be Lifted Restrictions Removed From Automo ., . bile Paper. "Wasliington, June 2. Progressive rediscount rates now, in effect in the St, Louis and Kansas City reserve districts described by President Harding recently as "penalizing ..rates probably will be removed by .thc federal reserve board soon, it f ' wa today at the treasury. " : ? Leading bankers of the country J vtho conterrcd recently with Presi- dent Harding suggested that these , f ratcs be removed to ease credit ron- ditions, particularly for the agricul J ftural interests. J. . -Suah a step by the reserve hoard, i' in 'the treasury's opinion, would be , J in line with a general lowering of grates; which is thought to be com- mg auring me summer as a resuu 01 jj, accumulated reserves and a better financial situation over the country. Governor in Washington. Governor Harding of the Federal Reserve bank system has just re turned to-Washington after visiting the Tenth reserve district, which .in cludes Omaha and Kansas City. While in Kansas City, he .met with representatives of the live stock and farming industries to discuss meth ods of financing agricultural opera tions. ' . ' . ; - Under the system at present in u?e in the Kansas City, St. Louis and Dallas federal reserve districts each member bank has been entitled to -borrow a certain proportionate hare of the reserve bank ' funds at the rate of 6 per cent. Reduction Expected, i; When this basic line, which is based on the capital and previous loans of each bank, is exceeded the interest rate is automatically raised. This method Ws Taken to ration credit and reduce inflation. Under this plan some of the banks" in the district have paid 12 per cent and more to discount paper for their clients. , - In the Chicago and other districts the progressive rate was not used, but a flat rate of 7 per cent interest was established. This has now been reduced, and the f reduction in the Tenth district rate also has been ex pected. ' The new policy of the Federal Re serve bank of the Tenth district in accepting for discount high-class au tomobile loans will be a great bene fit to automobile business through out the state, automobile, dealers say. "There never has been a question as, to the-eligibility ot , automooiic paper,' declared L. H. Earhart, man ager of the Omaha branch of the Federal Reserve bank at Kansas City. "We are now able to take high class, solvent and otherwise eligible automobile paper, especially if pre sented by banks which have not bor rowed excessively." 3 Skylight Burglar Suspects Are Held for Investigation Three men were held yesterday a suspects in the band ot skyligm burglars" who have .been looting . , downtown stores. " . Thev are Harrv Thome and Wil liam Emery, 2528 South ., Twenty- ' sixth street, and Roy Wright, 450 ' South Twenty-fifth street. v Detectives "Danbaum and Palmtag arrested the trio in connection with - the robbery of the Subway cigar ' store last week. ' . When taken before Chief of De tectives Van Deusen -Thome con fessed, according to Danbaum and Falmtag, to being one of the "sky " light burglars" who looted the D. & M. Clothes shop,, 1.312. Famam t-trcet, of $2,000 in. merchandise;. the Beddeo store. Fifteenth and Douglas streets, of $5,000 in 1 merchandise, jnd the M. Salerno store, Tenth and - s Harney streets, of $1,000 in loot, last week. " '. '- .; Faithful Dog Refuses to " ' Leave Dead Body of Master Eugene, Ore.,' J"" 2. Proof that there is no greater love than that of a dog for his master was given by a Scotch collie which had to be lassoed before neighbors could remove the . dead body of his master. Christian Wizenreid, who dropped dead on his farm near here. - ' ';. , J - When neighbors came upon the body of Wizenreid, a VJ-year-oia j resident of Lane county, the dog re- (ntA in allriW'thrm (a COIilC close Pioneer U. P. Surveyor Dies at Home in Lewii Atlantic, la., June 2. (Special.) Holton G. Cotton, 85, who helped to survey the route of the Union Pa cific railroad,-is dead at his home in Lewis. " Mr. Cotton was a native of Xew York state. In 1856 he moved to Omaha, where he was employed as a laborer and farmer until i860. tie went to Colorado and was en gaged in lumbering and mining for tnree years and returned to Utnalia. For several years after his return to Omaha, Cotton was employed as a surveyor on the route of the Union Pacific and as a freighter in trans porting merchandise from Omaha to the forts and Indian agencies on the frontier. In 1865 Mr. Cottqn came to Lewis, founded on the site of what was once a Pottawattamie village and later a Mormon settlement. He was en gaged in farming for many years. Turn for Belter' Reported in May; Federal Review Geddes Speaker at Uni. Centennial British Envoy Urges English ; Speaking People to Band Together. Charlottesville, Va., June 2. The English speaking people; of the world should, be . "banded together in leadership f. all the nations, to the era of world peace and, as a first step, to the era in which the wars which even now we can recognize as futile and unnecessary are done with forever," Sir Auckland Geddes, the British ambassador said in an address here today at .centennial ex ercises of the University of Virginia. "The continuance indefinitely into the future of peace between our peo ples is so1 obvious a necessity of our national lives," Sir Auckland said, that . I do not dream . of the con tingency of its rupture. What I am concerned with is something that stems, to me far greater, and far nobler." Deprecating war as a sapper of the physical vigor of nations and denying that "peace will ' rot the vitals of a nation," the ambassador expressed the belief, "that now is the time for the English speaking peo ples with their great and peculiar advantages to resolve that never again will they, permit this ' fair world, to be devastated by unneces sary war. if by " standing .firmly to gether they can prevent it.". . "What is to hinder their co-operation to this great end?', he asked. "Nothing that I . know of but ig norance of each other's ideals and aspirations and the suspicion that is t! child of ignorance." Nebraskan Endorsed for Comptroller General Washington. "June 2. (Special Telegram.) The Nebraska delega tion went on record today as en dorsing the candidacy of J. R. Mc- Care of Nebraska, executive secre tary of the national republican con gressional committee, for comptrol ler general under the new budget law, the comptroller of the treasury being legislated out of office by the new law. . . Congressman Andrews, a member of the committee on expenditures in the Treasury department, has been made" chairman of a subcommittee to investigate the several auditors' of fices preparatory to their bureaus be ing absorbed by officials created by the new law. Anti-Red Revolt in Eastern Siberia Said to Be Spreading Peking, June 2. (By the Asso ciated Press.) The anti-bolshevik revolt in eastern Siberia, which be gan with the capture of Vladivostok and nearby towns by troops formerly commanded by. the late General Kap pcll, has spread- to Blagovestchensk, capital of the Amur, province, it is said in reports reaching here. Local authorities at Blagovestchensk are said to be defying the government of the Far Eastern republic,' which has its capital at Chita, , ! " The new socialist ' government established at Vladivostok continues to function. .The city is reported to be quiet. - Columbia Bestows Decree Of Science on Madam Curie Recovery in , Production Progress, Although Process Is Slow, Reserve Board Says. in t After he had been subdued the faith- ful animal followed the -hearse 12 1 X t i . - 1 miles into Eugene and entered the undertaking parlor, where it took considerable maneuvering , to put him out. 'Get Back' BergdoU' Club r, . Is Organized in JTew. .York Syracuse,- N. Y... -June 2. "Get back Bergdoll!" This is the name of a club organized here with Ber nard B. Given of Syracuse as its charter member. M-'' J ' ' It is the intention to spread the organization throughout the-United States. It was formed with the pur pose of bringing influence to bear upon Secretary of State Hughes to set in motion ways and means by which Grover Cleveland Bergdoll, arch draft dodger, can ht brought back from Germany to the United States and forced to-pay the penalty for the crime for which he was con victed. ' f: ',V.. ".--'t V. ',. Steamship ArrlTftl. i MrM, My ti. Mount Canrtn, Port- I land. i Monmouth,' Kay Sf St.tl Makar, Ban Francisco. Philadelphia,' Juna 1. Katrine Luel'to- beh, San Francisco. - ' i i Bolton. Juno . 1. Bessl Dollar.' San ( Francisco. ' Havre. May J7. La Parol. Now Tork. ! Marseilles. May 37. Patria, New York. Naples.' May :S. Patria New Tork. J Now Tork. Juno 1. Wast Isleta. Seattle; Ohioao. Seattle. I Shanghai, May K. Columbia, San i Francisco. Rio .Tanerto, May St. West Netu. Poirt ! land. Ore. Tpartar. ' . 4: Yokohama. May 2 China. Ban Fran rlsco; Persia Maru, San Francisco. 10th, , Empress of Japan. Vancouver. , Manila. May - 27. Ahercoi, Portland, i Or.. , i Xew Tork. June 1 Cameronla, OIi i t"i Caronis,, IJverpofll: Zeeland, Ant- werp; Adriatic, Southampton. fit. Xichaela, Hay i.rrCanoplc, Beaton. New York, June 2. Columbia uni versity bestowed upon Madame Ma rie - Curie, co-discoverer of radium, the honorary degree of doctor of sciences, bhe was the only woman to receive a degree, as well as the only one who is not an American. The - graduates this year totalled 2,450 and a precedent was established when six women were graduated as doctors of medicine. One of them, Miss Culli Lindh Muller, led the en tife graduating class in the college of medicine. - i ; Washington, June 2. While "a definite turn for the better" has been taken apparently by some branches cf industry and the business outlook continues 'generally more favorable, there is but little prospect of "an immediate sharp improvement of conditions." the federal , reserve board declared in its May review. Recovery in production and dis tribution has been in progress, the board said, but slowly and greatly retarded. However, it added, the more hopeful attitude has contin ued and is' preparing for active de velopment in some industries. Financially, the month was one of increasing strength and more prosperous outlook, the board as serted. In various sections, it was explained, there has been an easing of the demand for funds resulting oartlv from acceptance of lower price levels and from the adjust ment of business to new conditions Obstacles to Readjustment. Irregularity and lack of uniform ity still exists in the retail price field, the board observed. Serious obstacles to the final adjustment of wages was forecast unless retail prices move much faster to their fi nal basis. Adjustment between wages and prices, is exhibiting difficulties, the board maintained, while readjust ment in wages has been slow. , Unstabilitv of wholesale prices the board asserted, was retarding buying for future delivery in many lines. In the wholesale and retail trade, flipre has been some recission mainlv seasonal, it continued, the reaction being only sporatic. Foreign Trade Slow. Foreien trade was described as still arrested, with its movement con tinuing toward a more nearly equal balance of imports and exports. Es- ntciallv noteworthy has be.n the volume, of goods as reflected in the figures showing decreased toreign shipments and increased receipts from abroad, the board said. Unemployment was on the in rrpase. the. board reported, despite the anticipated improvement in the labor market due to the opening of snrinsr aericultural activities. How ever, it added, voluntary unemploy fflpnt has been considerably aug mented by increasing labor difficul ties accompanying wage reductions. Agriculturally, the board declared, the situation may be characterized as unfavorable and backward. The wet, cold weather, it explained, in terfered with crop development and did great damage in certain sections. The fruit crop has suffered severe ly and the development of the cot ton crop has been retarded, . ' Two Trusties" Escape i From Iowa Penitentiary Fort Madison, la., June 2.-rRob-ert Don Carlos, Des Moines bank robber, and John Stillman, gangster, both serving time in the state peni tential here, escaped tnis morning and efforts of armed posses of guards and citizens have so far beeo unsuccessful. Bee Want A&l Produce Results. Save on Sun Room Reed and Fiber Furniture Saturday Union Outfitting Co. A Big Variety of Desirable Styles in Fiber Furniture to Choose From. 1 If you can use one or more pieces of Reed or Fiber Furni ture for your Dining Room, Liv ing. Room or Sun Room, be sure and take advantage of the sale of "summer" furniture at the Union Outfitting , Co. Saturday. There are Rockers, Chairs, Suites, Lamps, Ferneries, Set tees, Bird Cages and other pieces in ibrown, frosted brown, ivory, natural and gray plain or com fortably upholstered. As always, you make your own terms. Advertisement vim II Sale Price SDown .. Puts a Piano in. Your Home This used piano with stool and scarf sale price $98.00 Right now we are offering soma wonderful bargain' In used planet en a down payment of $6.00 and $1.25 per week. , ONE YEAR EX CHANGE PRIVILEGE WITH EVERY PIANO. EXTRA SPECIAL VALUES IN USED PIANOS --Peaae Upright .1 M Schmoller & Mueller 'Upr... $250 Vose & Son Upright '265 Hardman Upright 320 Hallet A Davis Uortaht ,149 Rlehter Upright ...... 225 ;W are also offering gome wonderful values In new instruments. It win pay you to see us before you purchase. Beautiful New Player Planoa, NOW .,.$495.00 Colonial Upright Piano, NOW. ............. .$350.00 ' Apartment Grands, NOW .$745.00 We will accept your present piano or phonograph at a liberal price ;or liberty bonds at faoe value as part. payment If you can't call,, iwrite for catalog, pricea and term. Schmoller & Mueller Piano Co. 16.14-16-1$ Dodge St. Omaha, Neb. Phone Doug. 1623.! V HOME OF THE STEINWAY PIANO.. ' Democrats Commence Economy Campaign on Deficiency Measure Washington, June 2. Considera tion of the $154,000,000 deficiency ap propriation bill was started by the senate today, amid - charges from democrats that republicans were not keeping faith' in campaign pledges of economy. The republicans re plied" that the large deficiency ap propriation was in accordance with the law. and the usual practice and that a portion of the $154,000,000 total was "bequeathed to the re publican party by the last adminis tration." Chairman , Warren of the appro priations ' committee replied that while not all of the . appropriations were for deficiencies, they were of an emergency nature. . Father-in-Law of Stillman Now in New York on Visit James Brown Potter, Former Financial Leader, Reaches America to Aid Daugh ter's Case Is Reported. New York, June 2. James Brown Potter, former banker and the father of Mrs. "Fifi'-' Potter Stillman, who is being sued for divorce by her hus band, James A. Stilbnan, arrived on the Olympic from Southhampton to day. Mr. Potter who was widely known in financial circles for many years, has been living abroad for a year and a half. He is here, it is said, to engage in the fight now being waged by his daughter on behalf of her son Guy. "All I can say is that all good parents and grandparents stand by their children," Mr. Potter said when the report was called to his attention. .. " Pressed for further information he refused to talk of his plans. "I am taking care of .my own busi ness and not Stillman's," he said. He retired to a telephone booth where he spent some time telephoning. Bainbridge Colby, former secre tary of state, was i among the pas sengers. Thomas W. Lamont. partner in J. P. Morgan & Co.; Johnny Loulon, former bantamweight cham pion and Theda Bara, film star, were also passengers. The Bee want ads are business boosters. . 28 Made Citizens ' Plattsmouth, Neb., June 2. (Spe cial.) Twenty-eight applicants were given their final citizenship papers in a hearing in district court here, four other applications were postponed and one rejected. And Fragrent Talcum For AiMw WAX 13 f Second Floor Securities Building 16th and Famam The Good Old Clothes Values 1914 Are Back ::';at::V.: :r. Barker and men because this store has set up on a policy of the re-establishment of these values at one decisive stroke it has enjoyed . the patronage of thinking men from every. . walk of life. . ; Why Barker Always Undersells By the elimination of the gigantic ground floor rental, simple practical fixtures, op ., erating on a cash buying and selling basis, and doing away with all unnecessary over head expense, we are enabled to undersell any and all competition by a margin of at least $10. Twenty Manufacturers contribute only their best products to the . s assembling of the Barker atock, and every garment that becomes a part of this stock is sold under a positive guarantee of com plete aatisf action. The Hard-to-Fit Fellow who has experienced difficulty in being fitted will take. , keen delight, in shopping here, No form too .big or too small for Barker to' fit. r, , ' The Young Fellows Who desire the - daring in clothing styles can satisfy their every style idea. 1 "Twenty feet above the high rents" Sewing Machines at Sharp Reductions A sale you will want to attend. Every used machine must go. Machines used in our ; windows, machines that have been rented, floor samples, machines traded in on the famous , WHITE Look this , partial list over and then put on' your hat and como to our store and pick the one best suited to yous'needs. ; '? , New Royal ...$15.Q0 16.UU 22.00 15.00 18.00 15.00 20.00 15.00 25.00 . 25.00 25.00 20.00 18.00 L6 4 Davis ............ ......... Wheeler & Wilson Vindex . ................ : . Free v.............. Singer ........... .......... Davis ... Minnesota White ... Singer 66 .. , . i . Eldridge Special Victoria R. Singer . . . .. I A Few at $3.00 and $5.00 Keyer , was ; there a better time "to buy a Sewing Ma chine. '.. Our.Tolume of busi ness necessarly gives us a lot of used machines and we are passing them through the shop and now they are ready for you. Come early or 'phone Douglas 1973. ' ''' '' ' ' ' s . MICKELS IRTi emH TTnrnpr. Imattai Omaha East il ows Cdnnenting June 1 st, 1 921 Round Trip From Omaha Li Detroit, Mich. . . . $55.49 Traverse City, ' Mich. 50.12 Petoakey, Mich....- 52.59 Benton Harbor, ' Mieh. .: 37.64 CharUvoix, Mich.. - 52.59 Mackinaw . City, Mich. .... 54.48 Toronte, Ont., direct . ....... 63.82 Toronto, Ont., via Buffalo ....... 73.48 Buffalo, N. Y. ... .; 73.48 Chautauqua Lake Pointi ."; 60.70 Lako George, N. Y. 90.11 Alexandria Bay, N. Y. , 84.54 Plattshurr, N. Y., via Buffalo ..... 97.59 Pl.ttabur,, N. Y, - ia Montreal . 89.70 84.47 69.28 94.60 90.98 84.52 97.66 Saratoga Springs) Ne Y . Deer Park, Md. St. Johnabury, Vt.' Burlington, Vt. . .. Montreal, Que. . , Fabyan, N. H . . . . .- Aabury Park, N. J..101.2O Atlantic City, N. J. 94.72 Bar Harbor, Me., Portland ...117.02 Kennebunkport,' Me. 106.12 Marblehead,. Mat., ia Boston . ....109.26 Portland, Me., direct 103.98 Portland, Me., rim Botton 109.26 Rockland, Me. ....110.06 Moncton, N. B. .. .114.12 Clereland, O. . . .; 60.28 STOPOVERS ENROUTE, LIMIT OCTOBER 31at; ROUND TRIP FARES to many eastern localities. Including steamer tripe along the St. Lawrence RiTer, the Hudson RiTer, Long Island Sound, the Great Lakes, ate. . . The Trains to Use "Chicago United" at 6:30 P. M. ArriVes Chicago 8:05 A. M. for All Eastern Connections Other Chicago - Trains 3:45 P. :" M,. and 7:30 A. M. "St. Uoit Special" at 4:30 Pali :'v Call, write or phone; let us help you plan an 4 " attractirej eastern tour. :. . City Ticket Office . Depot Ticket Office 1416 Dodge St. "Information" Phone DO uglas 1684 Phono DOuglas 3580 v k General Passenger Office . - , ' 1004. Farnam Street Phone DO uglas 3580 v lUiilliiQruii (Ttniirv asj , N -
