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Hope Star Newspaper Archive: January 10, 1931 - Page 2

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Publication: Hope Star

Location: Hope, Arkansas

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   Hope Star (Newspaper) - January 10, 1931, Hope, Arkansas                                y STAR PUBLISHING 6t tiT South Mate Hopg Editor Fubllshet at thcAct 6f toted Associated Pres is exclusively wl6olloa of alt news dispatches credited to it this and ataj the local news pHbllsheA W setctili dispatches herein are also rft Payable to BX city in elsewhere The Platform I Vl Me municipal power plant to develop the of iii ttntt improved sanitary conditions n Chamber of program providing for the construction of a tttdd enclt to gradually reduce economic support for every scientific agricultural offers practical benefits ta Hempatead county great believing that country as it is STATE on the ttate highway x and a more efficient government through from thfl cattle Next Legislature W Navy Mutinied daily papers are interesting for ejTfportend relatively they The latter was e Jittle story the other day that told ratters on a British warship had been they had indulged in disorders which this story is of no particular since the mutiny in the British navy in this day is so But it does arouse ones memories period in the Napoleonic wars when a very out in the British threatening for a control of the sea and giving the gov extremely bad TIOUES before it was KEN the Arkansas legislature meets at Little Rock Mon day it Wftt fade the gravest problems in many Tho legislators should not make the mistake of supposing that for evefy problem there ia a remedy at The failure of more thin one hundred of our in cluding a banking chain and its allied insurance companies makes certain thatthe state banking laws and tho conduct of the bankfcommissioners office will be We without Hut at to the rieW banking someone should of fer up a prayer of cautioii the It is said things are never so bad they couldnt be But few in a moment of really believe thai In this hour of financial disaster the State of Arkansas should give heed to lesson that was learned by Oklaho Probably some ofThe Stars readers have heard of the Bank Guaranty Law that was adopted by Oklahoma as a cureall for the bank failures which followed the panic of This Was a plan to pool part of the resources of state banks in a treasury at Oklahoma from which the de positors of every closed bank would be paid off The people seized upon the idea The legislature made it a The first few banks that closed appealed to the It paid off their Then 174 banks You can write your own ending to this The treasury went broke and the law was of We were interested in this history and wrote a letter to state bank commissioner of Answer ing us with a letter December Shull wrote as fol The Guaranty Fund Law was repealed in 1923 after a fair trial and a miserable Such a law is economically It almost wrecked the state banking system of driving out some of the best bankers into the na tional The people of this state are not infavor of such a neither are the You have had an unusually bad experience in Arkan sas but do not let this experience drive you into doing something that is fundamentally The bank failures which are occuring over the country today in my judge really traceable to the deflation following the Banks not been making sufficient profit to eliminate loss on loans made during the inflation We are reaching the final washout of bank After the year of 1931 this as a will experience ex ceptionally few failures in the banking in my judge not be much point in recalling that famous of if it were not for the fact a sharp contrast with presentday con pyroses that humanity has made some in Men are treated better now than they were and it is comforting to note of Napoleonic Spithead was the natural product of thesystem by sh navy then was To begin enlistments were Pressgangs roamed the and seized and the These recruits were torn away from jobs and compelled to serve under extremely unpleasant those days had ahard Ho was pihercy of his coukl often ogged to death for a relatively minor breach of dis was atrocious and his quarters were mis he spent as much as five years without set ai foofon His pay was utterly He a workhouse and treated in a way that would riQtin the worst the land today and he and the mutiny was not put down iit improvements had been There will be a cry for blood when the legislature meets it might betterexamine the record of state ascertain if there has been any great loss to the sUite in closed and leave the question of changing our funda mental banking laws to a commission of The course of probable investigation when the legisla meets is already indicated by what is happening in the Tennessee legislature has named an investigating committee to discover how much of Tennes geeV public money has been lost in defunct and Jwhether there was any criminal activity on the part of of ficeholders or or in causing the states money to be deposited in certain Like the Arkansas legislature should go ruth lessly to the bottom in its investigation of what happened to the publics Some changes may be advisable in our banking and in surance but it will take a special far re moved from the muddled halls of the legislative to determine what these The receivership action against the Home Fire and Home Accident Insurance companies last month showed that the state insurance commissioner permitted bank stock to be listed as assets of those although when the banks failed the stock became a We have heard that the Arkansas law originally prohibited but that Banks persuaded the legislature some years ago to amend the law so insurance would be permitted to acquire bank If the legislature ought to change the law back again and it wouldnt hurt if the 1931 legislature were to inquire into the actions of that earlier legislature and attempt to discover how it happened to be so There is going to be a lot of thunder in this session at Little the legislature itself is under compul sion to act slowly and So far as the banking and in surance laws may have been responsible for our recent dis astrous the unwise combination of insurance and banking under the management of Banks was common knowledge to the bankers and newspapers of Ar1 so well known to the legislature that an at1 tempted shakedown of Banks was rumored to be a feature of almost every The cold facts are that while Banks was president of fortyseven banks and three insurance a mil lionaire and a power in state none durst attack him for the legislature to gloat over this bankrupt now without conducting a thorough examination of officehold ers inside the state be received with suspi cion and disgust by the WASHINGTON LETTER BY RODNEY nUTCHEK Siivlri nil tho publicity that tho third party Idea is getting durinrf the holidays is n widespread sentiment for n now not the probability that one Is going to de velop In Hie immediate The ballyhoo about a third party breaks out virulently every year or two and generally nothing comes of It does not yet appear that Is going a third party as 1912 1924 It seems much more likely that the only third party in 1932 will bo the So cialist as There are several reasons why third party talk falls to excite the more cynical and practical persons who are engaged politics or tho business of writing about Cut the principal the impor tance of which becomes more obvi ous every time anyone tries to or ganize such an Independent move commonly acknowledged oC raising are The difficulty money and getting on tho The reluctance of even the most independent politicians to risk their political lives by saying goodby to their old party affilia The seeming Impossibility of amalgamating all tho dissatisfied elements behind one platform or The Eggstraordinary Adventures of a HardBoiled Egg is what this little story about the recent trouble calls to It is interesting to es the vast improvements that have come in The navy jack today has a very good with Women Judge Women e other day six women sitting on a coroners a woman held to the grand jury on a man And while there was nothing unusual in because women have ghven a decision against a the old question as to whether the sisterhood Jbfrer with its own members than men would comes were loyal to one another during the clays when which eventually gave nights which they No one has reason to that they are unfair In it might be just i other it would do their duty as they see it more than They dispense Men temper it a with that famous milk of human The of their mercy isnt as a have a conscience which is guaranteed fade or run in the They do their duty THE CHURCH OF CHRIST John Minister Bible study each Lords day at 10 oclock Preaching every sec ond and fourth The sermon subject for the mornins service will The Slaves of Evening Glorious Prayer meeting each Wednesday at men are more Perhaps it is because they There win be preaching at I Henrys Chapel at oclock in You are welcome to all these ser fftey gee They rncler their decisions in the marts of the world a little longer and under intricacies of its windings a little Then there was the New Years cel abratoi who thought he would sue his bootlegger for A scientist has obtained light from onion says a news In the theyll be charging us scents per kilowatt Mayor Walker has cautioned thea trical producers to clean up the stage or have a censor do It now be hooves them not to be caught in the Tho Boston police department has equipped itself with paraphernalia for detecting fake It takes a copper to know his The baseball moguls who have or dered heavier baseballs for the com ing season no that it will be best in the long run peels to install a commercial tele phonic receiver and sending so that a passenger in the train may call up and speak with anyone in Pari or as though ho were in his home or Liquor Is Stumbling Hlook That third reason becomes espe cially accentuated at this time be cause of the stumbling block pre sented by Any attempt to set a new progressive party bumps Into nt the very The most conspicuous pro Norvia of Senator of Idaho and Governor Plncbot ot Pennsyl for The progressive Kroup In the Senate is composed very largely of rep resenting Cry On tho other it appears that the only real possibilities of political upheaval in the cities anil tho hugely populated states which have college votes are to be found In the strong wet ia To carry any great firincal to Ihfl any new political movement sponsored by tho western progres sives probably would ImVo to nrom iso n wot plank In Us platform and that appears to be A wot ot could hard ly expect to make any headway Int the agricultural states or the Urban voters In large Industrial on tho olhor arc not greatly concerned with tho turn distress which Is n very Im portant matter with the Insurgent roup In It Is truo that the despite tbo most ot them have farmer cott generally support iv road progressive program which would work to tho adrantago of people ot all classes ami I No Sdong Issue They vigorously for in measures to combat unem antiInjunction legisla tion and attempts to regulate high public utility But there is not in tlielr general program any strong throbbing Issue such as pro hibition proved itself to bo In tlio November And large section ot the more Impoitant wet leadership qtilto completely opposed to measures dear to the hearts of tho true liberals and Hoosevclt succeeded in splitting1 his party and electing Wilson by running on a third ticket In but lie came far short of He had a large assortment ot pro fessional politicians working for lilm and the business Interests wero not as violently opposed to him as they would bo to Morris or Nor docs there appear to be any progressive In public lito today who appeals to so many mil lions as Roosevelt Political campaigns stillbelong to the politicians and no one ex pecis many politicians to desert their parties in for any rea son Assuming that the Democrats nominate candi it is even very difficult to Imagine thu western insurgent lead ers following Novrls it he makes another bolt from the Republicaa despite their recent vocifer resentment ot tha lAitati Inci dent ACROSS Dlllstcil Move up ObKtlnalG iii n I Daily Crossword Puzzle Solution ot Yesterdays Puzzle Kuif Mont fiimlllnr Tlio yellow At the Churches are known as tenderhearted They but when duty is on the other side of the scales 4ont put thejr hearts in the balance so pretend to be Gibraltars of but rock has been moved by a deluge of feminine it is because one woman knows the wiles of for she has the same reactions and are accused sometimes of judging more it comes to legislation on behalf of women and the suffering anything which will better con GARRETT MEMORIAL BAPTIST Pastor Sunday School each Sunday morn ing at 10 Delimer su each Sunday Preaching second and fourth Sun days in each month at 11 and 7 p Prayer meeting Wednesday nights at 7 humanity and make for domestic is which advances and tfye roost successful The was supposed to make men and women in iLnoHtical recognized by the general name of Our Sunday school meets ft For a woman is a and a man conj in departments for the study of the yes to be a man in spite of the womans Dorado FIRST PRESBYTEHRIAN CHURCH Minister When it comes to relieving more can by building bridges than as a dentist American mouths are growing larg ft itn no for the are growing One fellow who say business is on the rocks and We have a place for you in one of the Do not negbct your the most essential thing in 11 Morning worsjiip ser Occasions of Hoped for Salvation that have not Availed by The harvest is the summer is awd we are net Special Evening worship and ser The Fall oi Meeting of the Young Peoples All people are invited and will receive a hearty The Circles of the Ladies Auxiliary will meet as fol lows 1 with Wing field 2 with Dobson No 3 with Carter Johnson 4 with Frank Prayei FIRST BAPTIST CHURCH Sunday school attendance will strengthen our interest in other serv ices of the It enriches our Parents and children should be in this important and help ful Opening service at At 11 oclock the pastor will speak on The Way In and the Way This will be a frank and earnest dis cussion of some of the factors involved in the situation that confronts us to It would not hurl us to begin to think just a At we will have an illustrated message oh the Land of This will show the life of the historic Nile Valley of today as compared with ancient Special music by the choir at morn ing and evening services at Claude Collins is director He will be glad to have our children and young people for these FIRST METHODIST CHURCH Pastor Sunday School at Preaching at 11 and at Leagues at Prayer meeting at Wed The thame of th6 morning will be What Is Man At evening the subject will The Testimony France Installs Wireless Service on Crack Trains system of receiving and wireless telegrams abroad moving trains is being installed by the French state At first the ervice will be limited to the main but will he extended gradually tc all For the pnst 18 radio en gineers have been conducting difficult and intricate experiments to achieve this and it is stated that till obstacles have been the state railroad also cx tell you something if youll promise to keep your mouth is it I got Political Announcements Tlio Star is authorized to make the following announcements of candi dates subject to the action of the Democratic primary CITY ELECTION Jmiunry For Mayor DORSEY McRAE JAMISON RUFF BOYETT CilLES GIBSON For Alderman JOHN BARTLETT Ward 1 COOP Ward 1 LUTHER GARNER Ward 2 FRANK WARD Ward 2 ROY JOHNSON Ward 3 LEWIS Ward 3 CHARLES SHIVER Ward 0 IRA HALLIBURTON Ward 4 BOB GOSNELL Ward 1 For Treasurer DALE JONES HARPER Horn Ono who goes ahum fnrcliiiml Wlunlcr Tnwiirils Huso pcrfnmo Turkish mi mo 0 I lie liirtfcst Infill iiKlit Tliu Jrculi N Cinl of wiii Fllliil In sup jinrt a priest Mhuito immvus Danish money oF Hicount Jicforo Sliiiiiiiil like n A M I in n I nidi antlers JHMVS 1lllillf notices Ulciir over ex JMIISlS Auricle slulc Killers niilnl JtIinl of Miruail I iliurcli ot Koine 1 AllHIMff I KlSCllO Clilet nctor New form SliuiicSB coin lliiliy cnrrlngo htntru cimr 1loccs of money Kdllilo liilier sell jiort JthisliliiK ClnuBid wldi irns Postmortem exam inallon Tojr pined of n spire Astouiiiicii An BU Set of three nepiMl H11 Kxlst Him Kver 31 4 4o 24 33 8 41 7 3o I vejust renewed our FIRE INSURANCE1 house destroyed by There was no as the policy had not been renewed That wont happen to us Look at your It is a catas trophe if fire damages your property and you are without financial protection in a sound stock fire insurance South Walnut Street Can we be of service to you in the renew ing of your policies Just let us know by GREENING Telephone 285 or 77   

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