Mason City Globe Gazette, January 8, 1929

Mason City Globe Gazette

January 08, 1929

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Issue date: Tuesday, January 8, 1929

Pages available: 18

Previous edition: Saturday, January 5, 1929

Next edition: Friday, January 11, 1929 - Used by the World's Finest Libraries and Institutions

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Publication name: Mason City Globe Gazette

Location: Mason City, Iowa

Pages available: 311,935

Years available: 1901 - 1994

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Mason City Globe-Gazette (Newspaper) - January 8, 1929, Mason City, Iowa North Iowas DAILY PAPER Edited for the Home AND MASON CITY DAILY TIMES XXXV FIVE CENTS PER COKST ASSOCIATED MESS LEASED WIRE REPORT FINAU AAV rjvjg uaniii uii FnESS LEASED WIRE REPORT M4SONCITY TOW A TTTTTgri A PRESS AND INTERNATIONAL NEWS SUPPLEMENTAL SERVICE NQ 70 IGHT BANKS FORM ALLIANCE ROJECT GIVES SELFRELIANCE TO NORTHWEST 5usmess Men F oresee V Independence From New York By ENOCH A NOUEJI Jan financial grouping which starts with a nucleus of First National bank of Ma City the Northwestern ional and its affiliated ibanks of Minneapolis and the National Bank and Trust of Fargo N Dale and the pooling of their assets i was cle by Minneapolis finan Wciers today to be one of the SAnost important forward steps TfM the history of banking in ij fthc northwest With Its Increase In resources the d group will be In o position to finance jtiany northwest projects which now pare required to obtain capjlal from centers The group oC banks JBpltualed at strategical polnls thruotit northwest will be able to provide jaanklng facilities never before of fered while all bunking and trust de partments will be augmented by the resources of the entire group Will Become Holding Company Phe Inclusion ot MasonCity in this holdlpg company will place at the ot North town unlimited re sources tor the development ot Its commerce and industry marks the dawn oC n new day In the develop ment of that section as well as of others whose banks will bo In this Will Rogers HEW YORK Jan It looks like we will have to shoot those airplane endurance fiuys to get em to como down They have beat all airship rec ords and are now going after the record the Ari zona senator talking against Boulder dam made when motors function that long how could there be any safer transporta tion in the world than a three mo tored ship with a good pilot I see where Mr Coolldgo re Ported to Mr Hoover about how things were on his trip to Georgia Tours WILL Copyright 1029 ROGERS Kroup Minneapolis nanciers stated bankers and fi 31 I Tho three banks and their affiliates groups now in the association merely the nucleus oC a larger or sanitation that will be developed BS In all probability other strong banks In tho northwest will be added within the near future according to the statement given out at tho North western National bank today of Stock Plinnefl ot banks will be oC stock The association completed by an In individual hanks for an eouitible Mttoiint of slock In the now holding company The organization ot the group is not branch bank plan in any sense representatives or the group eafd In addition to the stock Issued in exchange for the stock of Ihesa banks a substantial amount of lock oC the holding company will be offered northwest Investors to be Used ns workingcapital The Northwestern National which tvith its affiliated batiks Is regarded tho largest banking institution in Minnesota and has a capitalization ot TURN TO PAGE 11 COLUMN 7 Wi ST 1 W m IOWA FORECAST Increasing cloudiness Tuesday night Wednesday unsettled po snow in east and central portions Rising temperatures Tuesday night anil In extreme east portion Wednesday Colder Wednesday in northwest portion LOCAL STATISTICS QlobeGarette weather figures lor 24 hour period ending at 8 oclock a m Tuesday Highest Monday n Above Lowest in Night 5 Below At 8 A M Tuesday 10 Above A wind out of the south has started the mercury in the GlobeGazettes weather instruments retreating up the rolumns Monday nights minimum was 12 degrees higher than that of tho previous night and the 8 oclock temperature Tuesday was some 26 de grees higher than at a corresponding hour Monday The worst appears to have passed M AFGHAN REBELS SHELL CAPITAL LONDON IS TOLD King Stays in City Des pite Attack Damage Is Unknown T ONDON Jan S to to days Daily Express stated that e bels had shelled Kabul the capital o Afghanistan The Calcutta corrcspon dent of the newspaper said that lie had received letters dated Dec 31 and Jan 1 by air from Kabul telling oC th shelling since then nothing has been learned as to the effect ot tlio sticl fire nor tho extent ot tho Jamai ca used The Express said that Kholum Obi a former colonel In the Afghan army had joined the rebels and captured a fort four miles northeast of Kabul With the captured artillery the reu els opened fire on the capital while batteries loyal to King Amanullah re plied from a mountain post Other advices from the Afghan situ atlon saJd that the kings artillery had bombarded a rebel village on Jan 1 While the firing was in progress Amanullah rodo thru the bazars to impress upon the people that the sit uatlon was not dangerous A dispatch from New Delhi India yesterday said that fighting between loyal troops and rebels was expected to be renewed last Thursday but hart not begun altho it was likely to start at any moment All foreign women and children were understood to have been removed Irom Kabul to India Allen Isaacson an American whose family lives In Wis consin was believed to be among the orelgn men remaining in the Afghan capital MEXICAN REBEL CHIEF IS SHOT Negotiations Are Started for Surrender of Other Leaders MEXICO CITY Jan 8 presidential bureau announced today hat the Insurgent chieftain Fernando Pedroza who was recently captured In a battle at El Gallo Jalisco has been courtmartlaled and excuted In Guada ajara Natalto Esplnosa another chieftain who was captured with two follow ers In an engagement at Laconcina vaa handed over to the authorities for rial at Lagos General Alejandro Mange military ominander at Oaxaca reported that negotiations were being carried on or llio surrender of the only two In surgent chieftains operating in tho Tchauntepcc Isthmus Tho chieftains agreed to concentrate their forces for disarmament A CliOrnaVica dispatch to Excelsior said that the Insurgent leader Ben jamin Mondoza and 116 of his men had surrendered Mendoza had liecn operating for a Ions time In tho state of Morelos IOWA MEN GET AUDIENCE WITH NEXT PRESIDENT Delegation Offers Name of Pierce as Agricul ture Secretary Uy JAMES L WEST Associated Press Staff Writer IXTASHINGTON Jan 8 Jiiug a second day of conferences Herbert Hoover dialled over the breakfast table for more than an hour today with one his outstanding campaigners Seriator Borah of Idaho Like otlier callers Senator Borah was hesitant to report any views of the presidentelect or to detail the con versation but it was understood the discussion included a thoro analysis oC the legislative situation and the iroblems confronting tho new admin istration The day soon found other senators proceeding to the Hoover headquar ters at the Mayflower hotel including Senator Watson of Indiana the pros pective republican loader ot tho Ben ate next session and Senator Hale Maine who Is fighting for the cruiser bill No Legislative SugficsUon Reports already are going th rounds at the capitol that no state mcnt need bo looked for from Hoove on problems before this session a congress particularly farm relief One development is a conclusto reached by several senators that th pending McNary farm bill cannot b put thru at this session nnd hat an extra session nest spring is unavold able There Is R strong bloc of Hoover men opposing farm relief legislation until the next administration comes nto power This group includes Sen itors Borah Jones oC Washington md Brookhart of Iowa Congressional leaders believe that unless Hoover lends his public sup port to the McNary bill a fight for Its assago at this session would be tu lle No such support Is now antlcl ail altho those who have conferred vltli Hoover have brot no definite vord to the capilol Receives Iowa Delegation The situation was given emphasis uilng the morning when Hoover re el ved tho entire Iowa delegation In lio house The delegation reported that the onsensus In congress was that farm egislation could not be enacted at Plkne to End Long Flight 1 IN NEW BANK GROUP TCJBN TO PAGE II COLUMN 6 COLfSNANS COUNTRYWIDE dost of U S Experiencing Coldest Weather of Winter llaiifurd MniiNidcr chairman of board left mid G C Ragley president of he First Nalional hank Jicre will play important parts In the oiwiiitloiu ot the hank hnliliiic company to be organized at Minne apolis the latlcr part nf this month Under the projected plan the local bunk will associate itself with IVo Northwestern National iianh of Minne apolis and the First National bank of Karpc N lak TJio personnel of lie Mason City institution will not he changed under tho new arrange ment it is announced particulars conccrnine tho matter will be found in another column on this pace anj in a displayed slntcmcnl lr MacXhlcr on another pa Re Four Members of Birger Gang to Solve Murders Vo IcCLnO in Quarjet Wilt Escape Death Chile Kills 22 Persons NEW YORK Jan S The cola st weather of the winter was experl nced by most of the country today From the northwest where the emperature dropped to 26 degrees be ow zero at Devils Lake N Dak the old spread eastward and southward Atlantic coast and the gulf o the tales Blamarck N had a tempera ure of 24 degrees below zero while emperatures were from 20 to 23 be w in Iowa Chicago experienced the coldest vealher of tho winter when the tern eraturo dropped to three below with redlctions of colder weather Trans ontlncntal trains were delayed from ne to three hours by tho cold but Ire communication was unaffected In the south Ashevlllo N Car Cfflsturecl the lowest temperature the ercury there dropping to 20 degrees hove zero Atlanta Oa haa 23 de rees and Louisville Ky and Blrm igham Ala each had 24 No hope or moderation was held out before he middle of the week High winds accompanied the steady of the mercury In New York here a low of IS degrees above zero ns recorded with colder weather In In western New York state mpcratures were only a few degrees ovo zero accompanied by high Icnny Dolly Dancer 111 PAHIS Jnn 8 Dolly American dancer Is suffering from appendicitis She will lo taken to a private hospital for an operation Several Families Are Said to Be Missing From Area BUENOS AIRES Jan 8 ive bodies recovered from tho ruins aused by the eruption of the Chilean volcano Calbuco near Lake Llanqul hue It appeared possible today that ho lava had taken a toll of 22 lives Dispatches from Puerto Monti said lint carbineers hul unconfirmed re ortg that five families totaling 22 ersons were missing These families ved in the region which was licav y damaged when tho volcano poured ava and ashes over it Otlier dis tltches said that many injured had cen taken from the strickin area to uerto Varas across Lake ilanqul ue All boats on the 30mile wide lake ere pressed Into service for the res ue work ACtcr the people had been rot to safety cattle were being taken from the grazing land upon which the hot ashes were pouring Hot water was also streaming from the snow clad volcano into the lake Tho disturbance was stated to be subsiding today The threatened dis trict is largely settled by Germans and tlio people were regaining tran aulllty with the lessening of volcano activity It was believed homeless persons that hundreds of had fled to the in Electric Chair for Help ing Officers MATUON III Jan S members of the old Elrger gang today had avoided death in tho electrio chair on their promise to solve 0 murders and other crimes Instead of death they will be In rarcerated for life in the state peni tentiary by virtue ot an understand ing between the prosecuting attorney and counsel for the defendants Leslie Simpson Art Newman Rile Sim mons and Freddie Woolen All were cohorts ot Charlie Birgcr southern Illinois gang chieftain who ivas hanged for the slaying of Mayor Joe Adams of Vest City XVIlh assurance they would receive prison sentences Wooten Simpson and Newman changed their pleas of not guilty to guilty In their trial for tlio killing ot Mrs Ethel Price wife oc Lory Price a highway patrolman Price also was slain by the gang be cause lie knew too much Simmons previously had pleaded guilty The court has approved tlic agree ment by which the four will bo given life sentences for the murder of Mrs Price sentences of 67 years each for conspiracy to kill Patrolman Price and B7 years more for conspiracy to kill Mrs Price Roy Browning state attorney of Williamson county said It will be 6S years before the men will be eligible for parole despite the fact that the latter two sentences are to run con currently mountains to escape tho lava flow and low hanging clouds of gases Mexico and Nicaragua MERCURY GOING P CeS Ai HIGHER IN IOWA MEXICO CITY Jan S tlons between Mexico and Nicaragua which were broken off when Mexico refused to recognize the government headed by Adolto Diaz were automati cally resumed wlien President Fortes Gil replied to New Years congratula tions from President Moncada of Nic aragua Tho exchange of telegrams was made public today by tho foreign of flee CrossHangar Winds Prevent Departure of Airship for South LAKEHURST N J Jan S Strong cross hanger winds today kept the navy dlrlglblo Los Angeles from taking off for Miami Fla whero It vns to have assisted in tho dedication of tho municipal airport The slilp vlll start its flight when tho wind nbatei sufficiently it was announced 1 the station Re place Lower Marks in Most Cities DBS MOINE3 Jan 8 zero temperatures started a general retreat from Iowa today Below zero marks of Monday morn ns generally were replied today by above zero readings altho Dubutjue with 30 below Charles City with C tie low and Davenport with S below were among cities still shivering In bitter cold In DCS Moines a G degree was recorded between 7 and 8 oclock this morning At tho latter hour the mer cury stood at II above Similar rapid rises were recorded in other portions with the weather bureau hero predict ing above zero for the state generally tonight The eastern and central portions of tho state faced a possibility of nnow tomorrow while the northwest portion may lose whatever gain It makes on tho cold Other parts of the stale had rising temperatures forecast QUESTION MARK LANDS AFTER 6 DAYS OF FLYING Army Plane Remained Aloft for 150 Hours and 40 Minutes I1ULLETIN METROPOLITAN AUUDRT IOS ANUEbKS Jan 8 Motor trouble which yesterday caused Iho landing of tiie armys record breaking airplane liiestion Mark today was found to have lieeii of such a trivial character that plans were made to fly live craft to Rockwell field San Diego late today r OS ANGELES Jan S liu LJ man engine Ss after all superior to tho mechanical one in endurance fly ing That question one of the many put to the armys monoplane Question Mark waa answered beyond a doubt when llio great gave up the liattle yesterday afternoon and settled toearth after a glorioiw triumph I Iho field of aviation a recordshatter Ing flight of ISO hours 40 minute 15 fceomls and nearly 12CIOO mile completed Neither the astounding distance no endurance performances of the re markablo ship were regarded by he however That clistlnctioi wont to her thru proof of tne theorj that refueling of aJrplanoa while ir flight is practical which army officers said was the chief mission of the epochal night None of the three 22rhorseiiowcr molors won entirely airworthy when MAY BE OUSTED ho crew finally nosed the ship lown o earth at 2 071 p m after a fllghl vhlch lasted nearly n full week On the other ho ml the five men aboard were pronounced physfcilly it by army physicians who said they needed only rest after fatigue ot the rying argosy First statements from the men aleo tlio fact they were feelingphy ically fit and could take oft again if he motors would permit Stayed Until the Last Faithful to the last In tho mission issigned them the Question Marks row kept the great ship aloft until ho very end of its endurance brlng ng It to earth with one motor dead nother falling rapidly and practically owcrless and the third ablo to make ut 3300 revolutions a minute But even against those insurmount blo odds the courageous crew refused give up without a daring lost mln te battle against mechanical failures Vhen every effort to revive the glng motors failed Maj Carl Spatz command finally gave the landing rdei excess gasoline and supplies dumped and the ship glided to arth practically at tho spot from which it took off at a m an 1 Landing the Metropolitan airport ore guaranteed the crew of official ecognltlon for recordbreaking per ormances made by the ship which ew 32 hours longer than aircraft vor stayed aloft before and S5 lioum nger than an airplane ever before id flown About the only record of conse uenco not lifted by the Question rark was lie nonrefueling endurance Ight record of thn Germans lobann Istlcz and Wllhclm Zimmerman ade about six months ngo That rec rd ot K hours 25 minutes stands nly by virtue ot tho fnct that no TURN TO PAGE 11 COLUMN S OEN 1IOOTH The general honril ot the Sulva tiou army in session in Ungland fs oonsidcritiK removal of Gen era Itixiih above as international liend if nrmy It is hill Bvangelino Ituulli lioad of tho American division would suc ceed lum US DELEGATE LEflDING FIGHT ON GEN BOOTH Salvation Army Council May Remove Veteran Commander ItliLMSTIN SUMSUKVOXTHAiMES Ens Jan 8 puSMhility tlmt ik decision might lie reached liy the high council ot Ilio Salva tion army sumo time tonight on tlio question of Hie future leailcr slilp of lie army was advanced in a well informed source inlc lodav FIRST NATIONAL IMPORTANT UNIT N HOLDING PLAN Era in Sections Fi nancial History Seen in Giant Project iTEPS preliminary to HIP grouping o eight north western banks including lie First National oC Mason Jity under a huge lioldiiiK ompany plan have been takpn to an announcement ieve ami at Minneapolis Tues day Completion oC the oiganiza ioij will be effected at a meet ng in Minneapolis the latter art of this month it is stated The new organization will be capitalized at 30000000 and it will liave assets of 150 000000 behind it in the insti tutions to be embraced by it In addition to the Mason city haul thero Trill be associated togolher tn tlio plan tlio Northwestern National bank of Minneapolis and its affiliated lianks In that city ruid llio First Na tional bank of Firjro N This group will he I ho nucleus Tor a largn organization which will control banks In key cities thruout the northwest Son of Galling Gun Inventor Weds Day After His Divorce NEW YORK Jan S New York World today says that Richard Henry Gatllns vlco president of the Trust company of New York who was divorced last Kilila was married tlio following day to MJss Ann M Jones of Baltimore Mr Catling who is a son of the pat entee of the Galling gun was di vorced from Mrs Winifred Waters CSntllns at Bridgeport Conn after he told the court his wife deserted him to go to Jerusalem In the Interests of a religious sect Tho ceremony uniting Mr Galling and Miss Jones was performed by the ncv Dr F H Ilummcr ot St Pauls United Brethren church Ila gerstown Mo Miss Jones gova her a as 31 Mr Gatlins is 58 UNBUKVONTHAMES England 1 Jan S higli council of he Salvation army rnot here today o reach two momentous decisions These were whether the venerable head of the organization Gen Bramwoll Boutll should remain in that powerful and restionstljle post or should step down heeauso ot being In capacitated by ago and illness nnd whether the inesent constitution of the army should be broadened The scene of the meeting a chamber in Sunbury court the armys slafC training institute The newly painted white gates of Sunbury court stood out thru the morning mists rising from the nearby Thames as an effective barrier against intrusion by unauthorized outsiders with tlio serious business the council had in hand House Aids Isolation The mansion Itself standing back some distance from the road lent It TURN TO PAGE 11 COLUMN 1 Banta Keep Own Bach institution will retain its pres ent Identity vid tc tiiij stock wi owned by the Jioldlrigcompany Wiien nJI 6e managed by a board of di cutors consisting ot members from noli bank In tho group In the case of Mason City Haiiforrt acNider chairman of the board and V G C Bagley president will con nue in their positions and there will no change in personnel of llio irst National bank by reason ot the ew arrangement TBolh ot them will ecomo members of tile board of di ectors of the holding company and lay an important part in tho con uct of its affairs Arrangement IJiserihcd The broad lines of llic plan are sot t in an advertisement carried on lolher page ot this issue and ire tatemenisRiven out hy the various nders in the movement including r MacXldcr At Minneapolis Tuesday tho move was clmraclcrlzcd as the most im liortant financial development In re cent years In the northwest bringing as It does a guarantee of nmpkv credit facilities for agriculture busi large terri organization it NORTHCOTT ASKS VENUE CHANGE Murder Defendant Claims No Chance for Fair Trial RIVERSIDE Cal Ian R ion looking toward either tho start of testimony in the trial of Gordon Stewart Northcott or tho removal of tho case to another county loomed to iJay Tho young Canadian who is ac cused of torturing nml murdering three missing boys on his chicken ranch at Winevlllc near here yester day had lils attorney Robert Kavuy file n petition for a eliange of venu In the face of this Snvay asserted that he war prepared to accept a Jury composed entirely of men and indi cated that tlio 3 vcnircmcn now In tile box likely would meet with his approval if tho trial were continued here The motion for a change ot venue was accompanied liy an affidavit of DavM Soko a defense attorney and edited by young Northcott before It was Mled ness and industry for tory IJanks now In llin will he added to as time goes on was understood Stack Will Be Available Stock in tlio new company priced at a share so tlmt It willbe avail able to persons ot limited means as well as to larger units of flnancr will be offered to the public follow ing the final organization meeting tt was made known Another point brot out In the state ment Issued from Minneapolis Tues day morning was that the new ar rangement was in no sense branch bankine for each individual bank In tho group will remain as distinct ns formerly each having Its own board directors and officers and serving TURN TO PAGE 1J COLUMN J AUNT HEX By Robert Quillen If Sallie despises men like she pretends to how come she tries to act an talk so much like one I ;