THE BEE: OMAHA. THURSDAY, AUGUST 11, 1921.
Reports Show 22
Bank Failures
In Seven Years
SlafA diarantv Fund PflVS
Out $2,442,274 Siuco 1914
As Result of "Walling
' ford" Transactions.
. Lincotn, Aug. 10. (Special.) J.
Eufus Wallingford transactions of
certain state bankers in Nebraska
since 1914 has forcsd directors of
the state guaranty fund to pay out
$2,442,274 in cash to keep deposi
tors in the clear, according to fig
ures compiled today from books in
the office of J. E. Hart, secretary
of the department of trade and
commerce. Twenty-three state banks
have failed since 1914.
The theory under which the guar
anty fund has been operated is to
ascertain as quickly as possible the
tosses and doubtful paper in a failed
bank and then draw a draft against
the fund for the full amount in or
der to get the bank's customers in
the clear. Then, the long and du
bious task of collecting on doubtful
paper begins.
These figures do not represent
total losses to the fund as often a
large percentage of the doubtful
instance when the First tSate Sav
ings bank at Superior was closed in
1914 a draft of $54,526 was made
against the fund covering all doubt
ful and bad paper. As years rolled
by money was collected on the
doubtful paper and 65 per cent of
the original draft has been returned
to the guaranty fund. Following is
a list of all state banks which have
failed since 1914 and the amount of
the original drafts made against the
fund to nay depositors:
F1rt 8tW Saving bank, Superior. I 14,131
Farmer' 8(t bank, Decatur .
Farmer' 8tt bank. Haley
It. Oil
S7.4T
Valparaiso Rial bank, Valparaiso. J3I.SM
American 8tat bank, Aurora .... 16S.311
Parraera' bank. Pag 20t.Hi
American Stat bank, Merrlman . . T4.2&1
Banking llou of A. Caatettcr,
Blair 707.SS4
Flrt Stat bank. Ohkoh J,5
Plat bank of Crrtaco 160,123
Brown County .state bank. Long
, Pln 231,185
Farmer' Stat bank, Allen 177.246
Farmers' Stat bank, Pleasanton .. 136,018
Other failures in which it is be
lieved satisfactory settlements will
be made without bothering the guar
anty fund are: Farmers and Mer
chants bank, Verdon; Farmers' State
bank, Hadar; First State bank, Hos
kins; Farmers' State bank, Belvi
dere; Peoples' State bank, Anselmo;
Pioneer State bank, Omaha; Midwest
Savings bank, Lincoln; American
State bank, Lincoln; Octavia State
bank, Octavia.
Charged With Assault
After School Meeting
Hastings, Neb., Aug. 10. (Special
Telegram.) Complaint has been filed
in county court charging Samuel
H. Xickols of Kencsaw with assault
on Niels Mikkclsen, also of Kenesaw
and president of the state board of
pharmacy. The action grows out of
an encounter following a special
school district meeting at Kenesaw,
where Mr. Mikkelsen presided as
chairman. The meetirfg was held to
consider raising the school levy.
Nebraska to Make Fight
For Lower Freight Rates
Kearney, Neb., Aug. 10. (Special.)
The Kearney chamber of com
merce has been assured co-operation
of more than 15 similar organizations
throughout the state interested in
obtaining a lower freight rate on
farm products. . These organizations
are co-operating and working
through the Omaha chamber and
will send one or more delegates to
Washington to appear before the In
terstate Commerce commission Au
gust 15, in behalf of lower freight
tates on grain and hay.
Wakefield Woman Returns
To China Missionary Work
Wakefield, Neb., Aug. 10. (Spe
cial.) Miss E. Grace Soderberg left
this morning for Kikung-Shan, Hon
an, China, where she will spend the
next five years teaching children of
foreign missionaries located there.
She previously spent seven years in
that work there, and has just spent
18 months at home, during which
time she has made many lectures on
China and its customs.
Arrest Human Fly in Idaho
For Alleged Theft of Auto
O'Neill, Neb., Aug. 10. (Special
Telegram.) Edward Frenchere, Hu
man fly of Omaha and Sioux City,
and his wife were arrested at Coeur
D'Alene, Idaho, today on the charge
of stealing a new car from Walter
Wyant of O'Neill on June 24. The
car was with them in good condi
tion. They will return without extra
dition. Frenchere posed here as Ed
ward Willoughby.
Held on Booze Charge.
Beatrice, Neb., Aug. 10. (Spe
cial.) The cases of the state against
Leslie Kennedy and Clark Ottinger,
charged with illegal transportation
of liquor, were called in Judge
Ellis' court and continued to Sep
tember 8. The defendants were re
leased on bond of $300 each.
Old Settlers' Picnic.
McCook, Neb., Aug. 10. (Special.)
The Old Settlers of Red Willow
county will hold their annual picnic
in the park at Indianola, August 23.
The officers of the county organiza
tion made a booster trip all over the
county today advertising the picnic
and arranging for the program.
New York Mayor
kWants Home Rule
For Metropolis
Hylan Says Only Way to Cut
Expenses Is for Legislation
To Stop "Mandatory
Acts."
New York, Aug. 10. Counsel for
the legislative committee investigat
ing the city administration regaled
Mayor Hylan today with figures
showing heavy municipal debts and
tax burdens and then inquired if he
knew of any means of relief. The
mayor said he knew of but one way
to cut down the taxes and that was
for the state legislature to cease
passing "mandatory legislation" and
to remove the $22,000,000 in direct
taxes which it already had imposed
on the city.
The mayor was told that municipal
taxes had increased from $35.92 per
capita in 1917 to $59.99 this year, that
the city was far beyond its constitu
tional debt limit and $24,000,000 past
the tax limitation fixed by the state
constitution at 2 per cent of the as
sessed valuation. Budget appropria
tions had grown from $230,000,000
when he took office in 1918 to $313,
000,000 this year and the municipal
pay roll, excluding school teachers'
salaries, increased $30,000,000 during
the same period.
Mayor Hylan declared he was op
nnnl tn riiHimr the salaries of citv
employes and office holders, though
he realized big corporations wcre
doing it and the cost of living had
dropped. . The main aim of his ad
ministration was to reduce taxes, he
said.
He was then told that much of
the $22,000,000 tax imposed by the
legislature covered increase in school
teachers' salaries which the law
makers authorized. The mayor said
he favored the increases and that
the city would have given them to
the teachers. His opposition, he ex
plained, was to all "mandatory
legislation." He wanted "home
rule" for New York City. Elon R.
Brown, committee counsel, conJ
tended that education was a state
function, and legislation affecting the
schools was not mandatory.
Asked for suggestions for any
economy that would reduce tax
burdens, Mayor Hylan proposed
amending the laws of 1916 to give
New York the same home rule
privileges accorded - smaller muni
cipalities. Then there would be
an opportunity to co-operate and
construct city departments, he said.
"But if wc are going to be gov
erned by mandate from Albany, we
won't get anywhere," he added.
Thieves Raid Lockers
At O'Neill Club House
O'Neill, Neb., Aug. 10. (Special
Telegram.) Members of the
O'Neill Country club, who leave
their stuff in the lockers at the club
house, today are without golf togs
cr golf shoes. Tuesday night the
clubhouse was entered, 'all of the
steel lockers pried open with a pinch
bar and all the sweaters, golf hose
and shoes taken. The thieves took
no clubs or balls.
Half Inch Rain Falls.
Beatrice, Neb., Aug. 10. (Spe
cial Telegram.) Rainf lal in this
section of the state early this morn
ing insures a bumper crop of corn
for Gage county. The government
gauge at this point records half an
inch of moisture.
Shanghai C. of C. Protests
Anglo-Jap Pact Renewal
Shanghai, Aug. 10. The Shang
hai Chinese Chamber of Commerce
heads a group of 20 Chinese bodies
in Shanghai in a vigorous protest
against any renewal of the Anglo
Japanese treaty, and messages set
ting forth the grounds of the pro
test have been forwarded to the
American congress at Washington,
the assembly in Paris, the British
cabinet and to parliaments in Lon
don, Rome, Ottawa, Melbourne and
Calcutta.
The protest directed to the Brit
ish Parliament says:
"The Anglo-Japanese alliance
heretofore has weakened the Chi
nese esteem for the British people
owing to aggression of Japan at
tributed by all in the east as having
arisen from the treaty. If renewed,
the feeling of Chinese citizens will
certainly be aggravated, reacting on
the friendly feeling toward the Brit
ish people and having a direct influ
ence on trade. We are confident
that in view of Chinese feeling in
respect ot the treaty you will
prompt your government to cease
efforts for its renewal."
Wounded Youth Refuses
To Betray His Comrade
Lincoln, Aug. 10. (Special.) Fac
ing death from a gunshot wound in
flicted accidentally by his playmate,
Earl Chandler, 16, llavelock, stead
fastly refused to give details until
the police forced a confession from
other persons involved. Chandler
was accidentally shot Saturday and
he steadfastly told hospital authori
ties and other officials that a stray
bullet hit him and he didn't know
who did the shooting.
Sixty Bushels to Acre.
Beatrice, Neb., Aug. 10. (Spe
cial.) F. P. Wickham of this city
brought samples of corn from his
farm southwest of town, which lie
believes will make 60 bushels to the
acre, and more if a good rain falls
within the next week. The ear is
well-filled and is beyond the roasting
car stage. ,
Phone DOuglas 2793
fTh
V a (Bain
w company vjr5ii
CttMCRCIAl PMNTERS-lrfHOf RAPHERS - STEElOlE EMBOSSERS
coose LCAr devices
$25 Worth Records
Free With Any Pathe
Cabinet Phonograph
Union Outfitting Co.
This is Pathe Week, with
Factory Manager Present
Souvenir to Visitors.
With a Pathe Phonograph in
your home you will be delighted
with the wealth of music and en
tertainment that is yours, and a
visit to the Pathe Demonstration
now going on at the Union Out
fitting Co. will show why this
is so.
The Union Outfitting Co.,
which is the exclusive "Pathe"
agent for Omaha, is making
terms of $1.00 a week during
Demonstration. A Pathe Phono
graph will be. given away next
Friday.
Advertisement
A Good Garage
10x16 ft. for $66.95
Don't let your ear be exposed to
the weather. Buy an elegant garage
1016 for $66.98.
Strictly clear 6-inch fir drop aid
ing, red or green ilate roofing, good
clear 4-inch flooring for door, two
window with all hardware included,
heavy hinges, (ufficient paint in
two colors.
C. Hafer Lumber Co.
Council Bluti, la.
a mill i. a m
An Opportunity for the Thrifty Woman to Purchase a Supply of
v Be&utif iid Lingerie
Wonderful Offerings
Spaces for
Gowns and
Teddies
Lace
Trimmed
You can't help but buy
several of these garments
of fine' materials,
dainty trimmings;
many pretty styles
to select from; all
trimmed 4 in the
daintest of little
laces ' and well
made; regular
$3.00 values; spec
ial, each 1.98
Made Just in Order That We May Clear
the New Fall and Winter Goods!
Gowns and
Teddies
Of Fine
Muslin
"Undies" You Have
Wanted at
Prices You
Can Afford
Plain neatly trimmed or
more elaborately trimmed
garments; soft finished
materials; high neck and
long 'sleeves
as well as slip
over effects
this lot in
eludes a
-small quant
ity of flesh
satin stepins
and crepe de
chine ted
dies; spec
ially priced
for Thursday
each, 1.00
Philippine Hand Made Lingerie
Gowns and Envelopes Formerly 3.98 to 6.98
2.69
Beautiful and dainty patterns, embroidered by hand with the skillful touch that pro
duces a perfect picture when the work is finished; floral and butterfly patterns, some
with inserts of handsome lace and some with edges of val or fine eluny. Soft finished,
sheer material, snowy white and pleasing to the touch. You cannot appreciate these
values until you see the garments; and when you see them you will buy them for they
are values ranging from 3.98 to 6.98; priced for Thursday, per garment,
Crepe de Chine and Wash Satin
Undergarments
Odd lots of teddies, gowns and bloomers; priced o OA
Thursday at a fraction of .their real value; special J
per Kuruicm,
Dark Satin or Jersey
Bloomers
Your choice of a good assortment; in dark
colors; either long or short styles; priced
for Thursday,
2.49
Third Floor Center
Thursday We Offer the Following
Specials in Drugs
Combination Offering
Velvetina Face Powder, 50c value
Velvetina Vanishing Cream, 50c value
49c
Marinello Cream, 49
Djer Kiss Talcum 194
Mavis Talcum, 18
Malted Milk, 1.00 size, 89d
Mentholatum, 19d
Dagget & Ramsdell's
Cold Cream, 44d
Pond's Vanishing
Cream, 37t
La Blache Face
Powder, 52
Magnum Talcum, one
pound can, 19d
Red Rubber Fountain
Syringe; 2-quart size;
3 fittipgs, special, 98
Cuticura Soap, 19?
Germicidal Soap, ' 134
Epsom Salts, per lb., ip
Witch Hazel, - 33J
Hospital Cotton, per lb. 35J
Listerine, 4 ounce size,
18
Milk of Magnesia
Norwich, ' 37t
Gillette Razor Blades,
per dozen 69
Auto Strop Razor .
Blades, half dozen, 32
Physicians' and Sur
geon's Soap, 1Q
Great Sale of Imported Embroidered
Lunch Sets and Napkins
Our supply of these pieces is limited. There are only 50
dozen napkins and 60 luncheon sets. If you would get
one of these luncheon sets, or a dozen napkins, be here
early Thursday morning.
The Luncheon Sets
Last Year's Price 13,50
Special at
6.50
Consists of one 24-inch Center Piece; six 9-inch Doiles and
six 6-inch Doiles; scalloped edges, patterns emdroidered in
a variety ot lloral designs, sold last year at
13.50; priced for this sale, per set
6.50
The Napkins
Are the 13-inch luncheon size and complete a linen service
of great beauty when used with the luncheon set, or with
any fancy table covering; scalloped borders and floral and
eyelet designs; sold last year at 13.50; priced for
this sale, per dozen,
Main Floor South .
6.50
Siiliii
When the Clock Strikes Nine Thursday Morning Begins Our
Women's Shoe Sale J
Values from 6.50 to 11.00 Your Unrestricted Choice at
K
Sizes 2V2 to 8 Widths AA to D
This sale demonstrates our leadership in giving the greatest values in women's footwear. .This is a special
purchase of 868 pairs of women's new fall models, worth 6.50 to 11.00 per pair; Brandeis ready cash
secured them at a bargain price and you are going to buy them the same way. Glance at their worth
then look at the low price.
Oxfords of
Brown Kid
Black Kid
Brown Calf
Patent Leather
Tan Calf
Cuban or Walking
Heels
You will find a style in this lot to suit your
fancy; hundreds of far sighted women will
take advantage of this opportunity and buy
several pairs. Every pair well made, on the
season's style lines and one glance will con
vince ydu that you are buying a real bargain.
Sizes 2V2 to 8
Third Floor East
Strap Pumps of
Black Satin
Black Kid
Brown Kid
Brown Calf
Tan Calf
Louis, J unior Louis,
Walking and Cuban
Heels v
Come early and be assured of the best
choice; extra salespeople to serve you
promptly. Every pair guaranteed to
give absolute satisfaction.
Without exception this is the greatest
shoe buying opportunity of the season.
On Sale Thursday 9,600 Pairs of Women's
Thread Silk Hosiery
Seconds of 1.25 to 1.50 Quality at Per Pair
These hose were purchased from a big Philadelphia
Hosiery Mill, semi-fashioned; with double soles,
high spliced heels and lisle tops; in plain and drop
stitched effects; in black, brown, tan, gray, navy
white and fancy two-toned sport effects; very slight
imperfections of 1.25 and 1.50 quality; special, per
pair,
Children's Fancy Mercerized Socks
Made with tops in brown, blue and black in sizes
5 to 9'i ; very special, for Thursday OP
per pair,- wC
0
Main Floor W est
Basement
