The West News (West, Tex.), Vol. 42, No. 40, Ed. 1 Friday, March 4, 1932 Page: 8 of 8
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THE WEST NEWS MARCH 4, 1192
IVo Chicago Bankers Prominent
In Drive Against Depression
V
•fcaries G. Da we* dell', Chairman of the Now Reconstruct:,>a Finance Cor-
poration, and Melvin A. Traylor, Chicago Ilankrr.
4"VncAG0 and the Mlddlo West
m >• have a double Interest in the sue*
cess ot the gigantic Recoustrue-
iWnffm— Corporation which is now
organized In Washington follow-
Uajapeoily action by Congress.
•Jharles G. Dawes, whose name Is al-
ma synonymous for the business
atnmunity of Chicago will sit lu the
■iHC's seat as the active head of the
erns. 12,000,000,000 Federal corpora-
amt fust authorized by Congress.
Another Chicago banker, a Democrat
who is being repeatedly mentioned as
a mu of Presidential timber, has the
•affection of making a vital contribu-
few to the initial strength and success
«f Ihe Reconstruction Corporation.
*Xag man la Melvin A. Traylor, preai-
M ot the First National Bank ot
o, who was the first to visualize
and propose that the Reconstruction
Corporation render some service to
thousands of depositors of small banks
which had failed during the past two
years. The gist of Mr. Traylor's pro-
posal before a Senate Sub-Committee
was that the Reconstruction Finance
Corporation be authorised to make
loans to closed banks as well as to
financial Institutions and others need
lng its aid. Such a step would release
substantial amounts ot money to do
posltors whose funds bad been "fro*
on” by the failure of such bauks.
Mr. Traylor's euggeetion made such
an impression that it was embodied in
the Bill as finally passed by Congress.
He, more than any other man. la re
sponsible tor the timely assistance
that will now be possible for many de
posltors of small banks throughout the
country.
* *
* The Texas Weekly *
* Industrial Review *
The following record of industrial
activity lists items showing invest-
ment of capital, employment of labor
ml business activities and oppor-
tunities. Information from whicn
the paragraphs are prepared is from
lscal papers, usually of towns men-
- — - ■Sr-'-Bad, iad siay be considered gen
•rally correct.
San Perlita—Bids for construction
«f two school buildings to cost ap-
pnadmately $70,000.
Eden—Trinity Farm Gravel Co. re-
•eteed $145,548 contract for work on
JS.921 miles of Highway No. 9 from
Tam Green County line to this place
Menard —Gage Construction Co.
started work on $125,000 bridge over
San Saba River at this place, on
State Highway No. 4.
Austin—Highway projects for 12
•aunties to cost approximately $392.-
•00 announced recently by State
Highway Department.
Carlisle—Construction of natural
gas plant in Rusk County near its
No. I R. Lacy, in local area, contem-
plated by Standolind Oil and Gas Co.
Turkey—Work nearing completion
«n Highway No. 18 south from here
to Motley County line. Methodist
Church being improved here.
Crawford—M. P. Mathews estab-
fahed hatchery here this season.
Woodsboro—Cannery for this city
assured.
MeCamey—Operations resumed at
Enable Refinery.
Coleman—Coleman First National
Raafc opened for business.
Skidmore—Skidmore State Bank
•per.i-d for business.
> Austin—Contracts let for asphalt
surfacing of 11 miles Highway No.
22 to DeWitt County.
Edna—Dedication exercise* held
fcr Edna high school building.
Alvin—Local Post No. 129 of Am-
erican Legion purchased from O. II.
Ernmert clubhouse and three and one
-half acres land to be made a perm-
anent home for Legion.
Woodsboro—Local streets being re.
paired.
Work started placing crushed rock
•n Highway No. 43 preparatory to
ailing and topping.—The Thorndab
Champion.
Preparatory school and Junior
College opened at Circle Bar Ranch
47 miles southeast of Port Stockton.
—Sanderson Times.
Spearman -Hansford County’* new
•madhouse dedicated recently.
EMnburg—“Edinburg Valley Re-
view* sold by Marshall Mcllhenny,
chief stockholder
San Benito—Plans under discus-
lion for construction of 420-foot sus-
pension bridge over Rio Grande south
re , ,. .... 1
■artingen—Work to start soon on
a***■ meat packing plant.
E* Ports—Branch of California
Co. may be establish.
Penelope Items
Mias Annie Barton of La Grange ts
visiting Miss Agnes Barton.
Misses Agnes Barton and Margaret
Bartosh visited rgJatiYes and friends
in West Sunday.
Mr. and Mrs. John Holacka are the
proud parents of a baby girl that
arrived last Friday, Feb. 26th.
Luther Christian is moving his
family and household goods this
week down near Waco.
John Minix made a business trip
to Holiday and Henderson the past
week-end.
Tom Berryhill entertained soma
friends with a “42” party Saturday
evening.
The ones on our sick list are Mrs.
Annie Pisea, the baby of Mr. and
Mrs. John Firasek, Billie Neese,
Maradee Foster and Glenn Minnix.
Dr. D. R. Foster, wife end father,
and Mrs. C. V. Johnsor were visiting
■ and shopping in Dallas Tuesday.
Mr. and Mrs. V. J. Rejek have been
entertaining a baby girl for the past
week.
—Mrs. R. D. Carter.
CELEBRATES 9TH BIRTHDAY
BI T IS WORLD WAR VETERAN
About a dozen of the friend* of
Louis J. Bezdek of this city gathered
at his home last Monday night and
prepared a surprise party in honor of
his birthday. It is interesting to
note that Mr. Bezdek has had only
nine real birthdays, yet he is a World
War veteran, this due to the fict
that his birthday comes on Leap Day.
He has a twin brother, Joe, who also
celebrates his natal day on this dato
every four years.
His friends contrived to get Mr.
Bezdek to go to church on Monday-
night, and when he returned the
house was decorated in a fitting
manner, with a new radio in the liv-
ing room. Games of tarokv and do-
minoes were enjoyed until a late
hour, when everyone departed. All
reported • most enjoyable time.
LIBERTY GROVE CEMETERY
MEETING
The Liberty Grove Cemetery meet-
ing will be held at the Liberty Grove
Cemetery next Monday, March 7th,
at 2 p. m. Everyone interested is
urged to be present and attend the
meeting.
ing of Central Power & Light Com-
pany completed.
Pam pa—Stuckey Construction Co.
completed two and one-half miles of
paving north of here on Pamp»-MS-
ami road.
El Paso—The Mann Overall Co.,
incorporated for $25,090, plan* to
add 40 machines to its present equip-
THE MACHINE AGE
APPLIED TO CRIME
Methods Fmployed by Crimi-
nals Demand New Police
Methods, Bankers Associa-
tion Official Declares.
I TSE by criminals of modern tech-
ie nologlcal developments such as
automobiles, macblne guns and air-
planes have given them advantages
which old-fashioned local and discon-
nected police systems are powerless
to combat and the situation demands
the broader modern protection of State
police systems, James E. Baum, dep-
uty manager American Bankers Asso-
ciation in charge ot Us crime inves
tlgating department, declares In the
protective section of the American
Bankers Association Journal,
"The Association's Protective Com-
mittee has repeatedly urged the ad-
vantages of extending state police sys-
tems beyond the nine eastern States
which have enjoyed thla protection for
many year!," Mr, Baum says. “Tha
time has passed when we can safely
rely upon the disconnected and often-
times ineffective methods of local and
county polk*,. The adveut of automo-
biles and better roads, to ssy nothing
of machine gum; and airplane*, de-
mand* the same wide latitude to au-
thority and field of operation be given
the police no lie* than the crlmlual.”
Statewide Police Pltns Best
Ho quotes a Kansas judge aa saying
|)tr “our system of sheriffs and con-
0 ii'--.e« was not designed to meet pres-
ent-lay conditions. As a system of lsw
•uforcement. It is as out of date as
aid common-law pleading, both evolved
about the earns time. The semi-mill-
tary, highly trained State police officer
owing allegiance only to State laws,
is the most effective agency for order
yet brought forth."
"Every year the robbery experience
of banks lu the nine States haring
State police proves the merits and
urgent need-of State-wide police pro-
tection,” says Mr. Baum. "Last year,
for example, there were 34 bank hold-
ups in Connecticut, Maine, Maryland,
Massachusetts, New Jersey, New York,
Pennsylvania, Rhode Island and Weat
Virginia where State police forces are
operated,” he continues. "Although
this total Is exceptionally high du* to
an unprecedented number ot robberies
in New Jersey and Pennsylvania, It 1*
little more than half the number of
daylight bank robberies suffered In
1930 in Illinois alone. Furthermore,
this total of 38 robberies In the nine
aaetern Statu was exceeded In Cali-
fornia, where there were 43 bank
holdups, and In Ohio where banks suf-
fered 40 similar attacks.
Holdups Fewer Under New Plea
“It we extend the comparison of the
robbery experience In thus Statu en-
joying State-wide police protection to
the record In eight central and far
western Statu, w* find a total of 304
bank holdups In the latter group. The
odds, therefore, continue to be not less
than 8 to 1 against the banks In tbeaa
western States, where they are denied
the speedy, coordinated action ot State
police and their modern meant of
transportation and communication.
Tht same comparison holds true ot
the farmers* losses through robberies
of livestock, poultry, produce, ete.
“Moreover, thus State police forcu
invariably yield an operating profit in
the amount of finu collected and the
value of stolen property recovered.
Bankers interested In cutting down tha
cost ot robbery Insurance might welt
consider this Job of extending State
police systems as a timely, co-opera-
tive service to be undertaken along-
side the formers.”
BANK EMPLOYEES
SENT TO SCHOOL
Modern Scientific Financial and
Management Methods Taught
Throughout Country.
»1'HE American Institute of Banking
* Section of the American Bankers
Association conducts 223 chapters, or
local banking schools in as many citiu
throughout tho country. One large city
chapter has almost 6,000 students,
who are combining formal theoretical
and practical banking studies with
their dally working experience and
other places have these schools with
a thousand to two thousand student*.
In addition there are fifty study groups
in email communities with some 6.000
enrollments. All told over 42,000 bank
people are taking those courses—not
only clerks, but Junior officers and oven
senior officers In aome of the more ad-
vanced work.
The work of the Institute baa been
declared to be “a dynamic economic
force, pouring Into banking a broaden-
ing, deepening stream ot bettor quali-
fied bankers tbail could be developed
merely by the dally workings of bank-
ing Itself,? and It has been suggested
that every bank worker should be com-
pelled to combine Institute courses
with hie work. A good many banks
aow make it a part of the contract of
employment that an employee shall
undertake to render himself proficient
and trustworthy In . bar,king by taking
institute work and others make sue
ceeaful progress in this educational
aspect of banking a prerequisite to
promotion, Flans are Mus devel. '
te make the benefits of bs
nation.....
‘Alfalfa Bill’ Fails to
Oust Gas Companies
Waurika, Okln., Mar. 2—The dra-
matic suit of Governor William H,
Murray of Oklahoma to oust the Lon®
Star Ga» Company, the Community
Natural Gas Company and associated
companies from the state of Oklaho-
ma has been dismissed by Judge
Eugene Rice of the district court in
Waurika.
The governor with much acclaim
launched his attack against the com-
panies last fall, charging that the
companies had made false report* to
state commissioners and were guilty
of rate discrimination.
Judge Rice dissolved the tempor-
ary receivership he had ordered
against the companies and .declared
there was not sufficient evidence to
forfeit the companies’ charters.
He declined to permit the evidence
to go to the jury, ruling that the
State had failed to offer sufficient
facts to constitute a case. He said
even if the evidence could be proved,
the matters were exclusively within
the jurisdiction of the corporation
commission and the Board of Equali-
zation, pointing out that Governor
Murray himself is a member of the
latter board, The judge alao said the
rates in question were fixed by the
people themselves through franchises
and that he had no right to disturb
what the people themeelves had done-
Attorney* have been fighting the
case for several months and it ha*
been given wide publicity.
Appetizing Asparagus
J^JAYBE there U something In
this “ancient lineage and
noble stock" stuff after all. Take
those two old aristocrats, pine-
aptils among fruits and asparagus
among vegetables. They art dif-
ferent from the rank and file of
their kind, khere is a certain
subtlety. delicacy, refinement about
them that one doesn’t find In other
fruits and vegetables.
Rome Liked Asparagus
Born Near Tammany
Hall, Seabury Became
Tammany Neme#i»
Asparagus was a great favorite
In anelent Rome—it etfll is a
great favorite. Only, then, It waa!
Just for the wealthy and noble.!
Now anybody can have It at it* j
delicious best at any time of year, j
for oven that dry, unemotional j
authority the Encyclopedia of
Food, says that the canned am I
parngua te fully as popular as the
fresh vegetable.
Asparagus comes canned In a
number of ways -stalk* or tip*,
In ordinary or giant sizes. Taka
your choice—they are all good.
And as a climax here's, an extra
good asparagus recipe!
Aspansgae an Gratia: Host one
can asparagus tips; drain. Boll
four eggs hard. Arrange In but-
tered casserole alternate layers of
asparagus and sliced eggs. Make
a cheese sauce of four table-
spoons butter, tour tablespoons
flour, the asparagus Juice, milk
to make two cups, one fourth cup
grated cheese, one half teaspoon
•alt and one-eighth teaspoon pep-
per. Pour over asparagus and
cover with buttered crumb*.
Brown In hot oven. 400“—ton to
fifteen minute*. Serve# atm.*
Netv York, March 1—Samuel Sen-
hury, archfoe of Tammany Hall, was
born on Fourteenth Street, New
York City, only two blocks west of
that citadel of municipal corruption,
Tammany Hall, whose Nemesis he
was one day to become, according to
Walter Chambers in the new biogra-
phy "Samuel Seabury—A Challenge,”
which is published today by The
Century Co.
Judge Seabury, Mr. Chambers re-
veals, is a direct descendant of John
and Priscilla Alden, and the great
great-grandson of the Rt. Reverend
Samuel Seabury, the first Protestant
Episcopal Bishop of America. He )*
the ninjh of hi* line, the fifth of hi*
name, and the first eldest son of the |
Seaburys in America to choose the
robes of the judiciary in preference
to those of the church,
Though a Democrat from birth,
and a staunch believer in the ideals
of Democracy throughout hi* career.
Judge Seabury has always adjured
the evils of party politics, Mr. Cham-
bers maintains, quoting the opinion
of Oswald Garrison Villurd—“He is
no blind party hack, no man over
whom any boss or set of boscss can
crack the whip,"
T,
BIRTHDAY DINNER
Mias Vlasta Paxdrml was entertain-
ed with a birthday dinner last Wed-
nesday, February 24th. The affair
took the form of a 6 o’clock turkey
dinner, and the room was beautiful-
ly decorated in red, white and blue.
A number of Miss Paadral’s friend*
were present to enjoy the occasion
j=:
THANKS
We wish to express our thanks to
our subscribers for their support in
taking advantage of our New Year
subscription offer which closed Tu-
esday. You may be sure that your
support is appreciated.
Read your home town paper and
keep up with the news here in this
city and vicinity.
Suspicious Character
Was Captured Here
A vagrant who gave hi* name as
James Murray and said that hi*
home was in the North waa captured
here Sunday night by a local citizen
and taken into custody by Night
Officer Frank Clark. He wa* token
to Waco Monday and wa* finger-
printed by the officer* there,
Louis Bt-xdek, who lives on South
Davis Street, first noticed the mart
at about 3 p. m. Sunday. After re-
maining near the T. P. A L, sub-
station most of the afternoon, the
stranger started toward the Bezdek
house. Obtaining bis gun, Bezdek
chased the man out of the yard and
overtook him near tha Borden Milk
Plant, where be held him until Clark
arrived.
«
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The West News
Always Boosting for This Community
IHiV
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The West News (West, Tex.), Vol. 42, No. 40, Ed. 1 Friday, March 4, 1932, newspaper, March 4, 1932; West, Texas. (https://texashistory.unt.edu/ark:/67531/metapth591085/m1/8/?rotate=90: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting West Public Library.