Malvern Leader (Newspaper) - January 7, 1915, Malvern, Iowa LEADER MILLS COUNTY JANUARY MASONS AND STARS INSTAL Silver Lodge Silver Um Chapter Hold Joint Public Installa tion Monday Night Banquet The annual installation of officers of the local Masonic and Eastern Star orders of this place have for the past few years been looked forward to as one of the big events of the year and this year was no exception to this There were over one hundred of the Masons and Stars and their present and the hall was filled to about all it could The installation exercises went on very smoothly this year and we seldom have seen one in which every thing seemed to go through without any friction or missteps more than The Eastern Stars held their cere monies first and with Walter as installing officer and Otto Kline as Marshal installed the following Worthy Worthy Florence Miss Harriet Miss Cora Clyde Otto Between the installation of the Stars and Masons there was a brief intermission during which the com pany was favored with a vocal selec tion by tiie Malvern Commercial Club Glee Club with Miss Mary Evans as Pianist and Conductor who gave a very much appreciated They also favored us with another selection at the close of the There were eight young men in the Glee Baton Dutton and sing well The Masons held their ceremonies next and with Fred Durbin the retir ing Worshipful Master as installing officer and Ward as Marshal the following were placed in office Worshipful Senior John Junior Stewart Senior Junior Senior Junior Following the initiatory there was music by the Glee Club and Fred Durbin the retiring Master who now became Past Master was pre sented with a beautiful Past Masters Jewel as an appreciation by the lodge 22 he had served so faithfully and well the past two The company was then marshalled together for the eats and marched down to the Skadan building where caterer Tony Gundram served the following menu Grape Fruit Radishes Head Lettuce Salad Roast Turkey and Dressing Mashed Potatoes Green Peas Ice Cream and Cake Coffee The feed was excellent and reflect ed credit to the Following this there were a few short talks by members and the event closed as one of the happiest we have ever An item of news we missed last week was the marriage of Clar ence Myers of this city and Miss Mar tha The ceremony took place in Omaha The happy couple returned at once to this city where they will make their future We join in congratulations and good Arthur Word comes to Malvern friends of the marriage of Arthur a former well known Malvern boy now of to Miss Meta Gran ner of Des The ceremony occurred in Des Moines on December 10 and the young couple went at once to Hubbard where the doctor has a fine dental practice and where they will make their We join his Malvern friends in extending congratulations and good Twin Sisters Married in Omaha The marriage of twin sisters was performed by Charles Sav on Thursday afternoon at the residence of 2119 Maple street when Miss Evalyn Radabaugh of became the bride of James Harrold of Lud and Miss Edith Radabaugh of Malvern was united in marriage to Merritt Hicks of A wedding supper was served after the January Editor Cunningham Weds Ralph Cunningham the junior editor of the Glenwood Opinion was married December to Miss Virginia Reynolds of Omaha at the home of the brides Redmon of that Holbrook of the Marys Avenue Congregational church The happy couple left at once on a trip through the south to Louis and after which they will be at home to their friends in This takes away the last of Mills bachelor editors We extend the right hand of fellow ship to Cunningham along with our congratulations and join in ex tending Cunningham good wish es and a warm welcome to Mills A GRAVE CRISIS CON FRONTS THE RAILROADS WAR HAS CLOSED MONEY MARKETS OF EUROPE TO THEM INDEFINITELY In view of the fact that the roads of Iowa in the near rut ire file an application for increased It is their desire to utilize this oppor for a general discussion of the leading phases of the railroad tion with the people of the entire To this the careful atten tion of the reader is invited to a ser ies of articles which will appear in this newspaper during the next few and which will contain the rankest discussions of this great prob lem that has ever appeared in the pub lie All that is asked in the meantime is that the people of Iowa accord to the railroads the courtesy of listening to their side of the story and then form such conclusions as in their the That the railroads of the United States are today confronted by the gravest crisis in their history there is not the slightest For some years they have been desperately struggling with an ever increasing cost of operation in the face of reduc ed freight and passenger serious as this situation was the European which has closed to them the foreign mon ey has suddenly brought them face to face with a situation which threatens not merely many new but the actual par of the entire transportation in dustry of the It was this state of affairs which compelled the closing of the New York Stock Ex change some months What will happen in the the future alone can American railroads are val ued in round figures at twenty billion dollars and of this vast sum nearly five billion dollars worth of securit ies are held Should Europe in its frantic struggle for seek to convert these securities into cash during the next twelve where is the money to come from with which to buy failing to protect these what demor will follow not merely in railroad investments but in all other American industrial values as well The recent statement of David Lloyd George of the that the inability of Englishmen to convert their American investments into cash is crippling Great Britain in its present emergency is ominous ly Possibly the New York Stock Exchange may be able to resume and continue operations without acute that the finances not merely of the United States but of the world will be sub to a strain without precedent in history during the next year or two is so apparent that it requires no ex tended In a future article this phase of the question will be dealt with more WILSONS VIEWS That the situation is profoundly ser tons is manifested by the recent ut of President Wilson to a group of Eastern railroad In his letter to Trumbull of the Chesapeake Ohio he said You ask me to call the attention of the country to the imperative need that railway credits be sustained and the railroads helped in every possible whether by private cooperative effort or by the action wherever feas ible of governmental and I am glad to do because I think the need is very They are indispensable to our whole economic and railway se are the very heart of most large and public and by individuals and by in I am confident there will be earn St and active cooperation in this mat perhaps the one common interest of our whole industrial Undoubtedly both in and out of official will appreciate what is involved and lend their aid heartily wherever it is possible for them to lend But the emergency is in fact extraordinary and where there is manifest common interest we ought all of us to speak out in its be half and I am glad to join you in call ing attention to This is a time for all to stand together in united effort to comprehend every interest and serve and sustain it in every legiti mate in his recent letter to Secre tary McAdoo on the new banking law he used the following language The railroads of are much the war not so much because their business is curtailed as because their credit is called in question by doubt as to their earning There is no other so central to the business wel are of the country as No doubt in the light of the new with its new the problem of the railroads will also be met and dealt with in a spirit of candor and Like utterances have come from scores of other prominent public men and financiers during the last few who are above making a selfish plea for any private or cor interest and whose sole desire is American business shall emerge from the present precarious situation without Under these circumstances it is the merest folly for any citizen to treat the pres ent crisis lightly or for we are passing through a period in which he financial resources of every na Aon in the world will be tested as never RAILROADS LOST MILLIONS The net operating income of the railroads of the United States for the year ending June was less than for the previous The gross earnings for the year were less than for expenses and taxes were But heavy as this was the great struggle across the carrying in its wake of untold hundreds of millions of dollars worth of all kinds of renders the situation a thousandfold more It means n that for a number of years o come Europe will have no surplus money for investment in the United States or elsewhere and that Amer ican railroads will have to finance heir future needs at home How herculean this task will saying nothing about protecting themselves against the dumping of foreign secur may be judged from the fact that the bond and note obligations which will mature between now and the end of next and which the railroads will have to meet in some amount to more than this doesnt take a dollars worth of new improvements or bet into These are obligations which were incurred in the past and which must be met as they fall due if the transportation companies are to be preserved from wholesale receivership and American in big and will have to come to the before they will consent to do this American rail road securities will have to be rees as a sound respected and paying on the basis of present railroad is For this reason the railroads of Iowa believe the impending crisis emands that they lay this whole prob lem before the people of the entire they have a heart talk with the the mer the the banker the laboring and all other citi zens upon this great question which so vitally affects the future welfare of the commonwealth and the nation WHY RAILROADS ARE HELPLESS In times of acute financial stress private industries arein position to very largely adjust their affairs to meet the They can ad vance the price of their cut their payroll in or shut down and thus permit the storm o blow over without actual shipwreck The as enter are in an entirely different Their rates are regulated by law and cannot be ad without the consent of the people through their law making In order to please the con of the public and not to break down the commerce of the coun try they must operate their freight and passenger trains whether they carry a full load or only a quarter of a in view of these facts it DISTRICT COURT IS ADJOURNED Judge Woodruff Finishes Up a Lot of the Calendar and Dis poses of Cases Either By Trial Or The December term of the Mills district court was practically all finished up last Saturday although Judge Woodruff held another short session on Monday to dispose of some matters still and it was not sd for the large number of cases that were disposed of in one way and an by dismissal or settle The wills of the late Heman Has Henry Perry and Far ington were admitted to probate and executors In the Bertschy Mulholland suit for garage work the verdict was given the plaintiff for a sum considerably less than In the case of Jessie Andrews Mary a suit relating to the land of the Andrews estate north of Malvern the case was decided ia favor of the It will be ap In the case of Alva Reasor the Wireman estate for compensation for caring for the late Wireman the case was decided for the In the case of The Mulholland Harvey the plaintiff was awarded the Jasper Ranne filed an objection to the probating of the will of his father the late Henry The case of Ralston the Stra han banker has been continued to the next term of In the case of Haines Anderson for money for putting down a well the jury allowed Hainea the full price of his The case of Victor Peterson Merrit et al has been con until another Continued on Page Eight Manual Training For Rural Schools Rural teachers who want to put manual training in their but dont know just how to go at will find very practical help in a series of bulletins just issued by the tural and engineering extension de at Iowa State They answer fully the What shall the pupils and how They give complete tions and working plans for making 14 different all of which can be made with inexpensive material and with tools and equipment that are possible for almost any one room These articles are not of the fancy but usable in the home and on the such as a work a trunk a milking stool and corn These bulletins are distributed to rural schools with oot tf CLOSING OUT WE ARE SELLING THE STOCK REGARDLESS OF COST OR LOSS A SALE THAT SHOULD PROFIT New merchandise that any woman can boast of in years to This stock represents the most trustworthy products of American Equal qualities have never or could ever be regularly sold at any such prices as these choice goods are sold at In fact it is without question the greatest value giving ever known in the Dry Goods w Sale will continue from day to day until the entire stock is sold Prices Again Reduced on Dress Misses and 8 Table Underwear and Hosiery it Buy Your Entire I Now 22