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Newspaper
Carthage Citizen
Location
Carthage, Indiana, United States of America
Date
Jun 01, 1934
Page
3
President F M Law of the American Bankers Association argues that banks will resume prudent lending as confidence returns. He notes improved bank soundness, reduced failures, and a brighter outlook while warning against excessive government control and tax fears slowing recovery.
The American Bankers Association has trained young men and women through standard courses under the American Institute of Banking. Over two hundred chapters operate nationwide, graduating thousands annually. A central graduate school may be established for selective graduates.
Banks and trust companies have repaid about 60 percent of R F C loans. From February 1932 to April 30 1934, repayments reached 925 million on advances of 1.553 billion, while total borrower repayments stood around 37 percent. Observers view this as a sign of returning normal financial conditions.
Since 1928 the Bankers Finance Scholarships Foundation for Education in Economics awarded 354 college loan scholarships. Loans repaid totaled $262,000 with $86,900 still outstanding. Investments total $540,000.
The note urges all magazine subscribers to submit their orders to the Chicago office before the Cit 15th deadline to ensure timely dispatch.
God's Bible School and Training Home hosts the 34th annual camp meeting and revival in Cincinnati. Dr. M. G. Standley says it is the largest annual camp meeting in the United States with ministers and church members registering from nearly every state, Canada, and Mexico for ten days of revival. Native English and French families attend.
Dr. H. E. Moskey of the federal food and drug administration warns farmers not to rely on medicines to cure coccidiosis in chicks. He states no drug has been proven a cure and emphasizes cleanliness in food soil and water and natural recovery as the best aid.
Greenfield patriotic groups held Decoration Day on a Sunday instead of May 30 to avoid Indianapolis 500 crowds and fit rural spring schedules. State Commander W W Armstrong delivered the principal address.
Four automatic feeding experiments at state fish hatcheries supervised by the Division of Fish and Game aim to cut rearing labor costs. At Riverside, off color goldfish spawn to feed bass fry after the bass hatch. Wawasee tests use pumpkin seed sunfish and sucker spawn to support bass and pike growth.
Through the American Legion Post of Newcastle and its courtesy, Home students from grades one to seven attended the Lewis Brothers Circus on May 16 with governesses. the eighth grade, escorted by teachers, went to Rushville on May 17. Both matinees began at 1 30 and returned about 5 00.
Guy Hopkins city water works superintendent urges residents to conserve water to prevent a shortage. He warns that without substantial rainfall soon a serious shortage may occur locally.
A brief domestic exchange shows Warren asking Jennie May about sewing a coat button. Jennie May replies she could not find the button and instead sewed up the buttonhole.
Visitors to the Chicago World’s Fair opening May 26 will ride a boat pushed by a prehistoric man down the Lost River through a million year old world on Beach Midway. The animated prehistoric monsters may use up to sixteen motors to move hiss and roar, offering a low cost thrill with ample tourist accommodations and parking near the Fall.
A Travelers Insurance Company report compares speed with energy and damage, noting 60 mph in a car can equate to throwing a 16-pound shot nearly ten miles or dropping from twelve stories. Despite better brakes and bodies, increased speed raises fatality risk. drivers should adapt speed to conditions to stay safe.
The Fifty-eighth Annual commencement at Central Normal College Danville Thursday May 31 expects 250 graduates with 104 Baccalaureate degrees. The first summer term opens with 515 students an increase of 28 percent from spring enrollment. Rush county diploma recipients include Mabel DeMoss Fern Wagner Rushville and Kenneth Earnest Carthage.
A non partisan reception for Hon. Omer S. Jackson will be held at the Greenfield fair grounds this Friday June 1 at 5 00 p m. Free lunch bands and speeches follow with short talks by Mayor Arthur C Downing Judge Arthur C Van Duyn Hon Wm H Hough Waldo C Ging Dale B Spencer Judge Jonas P Walker and Gov Paul V McNutt will speak at 7 00 p m. Everyone regardless of party invited.
Jesse Pettis, 21, of Indianapolis, confessed to fire prevention investigators that he started twenty fires over the past six months. The blazes damaged the city costing about $100,000. Pettis is jailed on a $10,000 bond.
A 21 year old man forged the name Mrs F W Williams of Rushville to a $10 check passed at Leach Carpet and Rug Co. He bought $3 in blinds and received $7 in change, a police report shows.
A southern woman explains she named her child Morphine after hearing white people describe morphine as a wild poppy product. She says if any child had a wild poppy, this one would be it.
Water was turned into the swimming pool in James Whitcomb Riley Memorial Park on Wednesday of last week to warm it up before the planned summer opening. Greenfield commencement was held Tuesday night with fifty two seniors receiving diplomas.
The Indiana Branch of the National League of District Postmasters, including Third and Fourth Class postmasters, will hold its State Convention in Indianapolis on June 25 and 26.
A woman asks a boy the name of his baseball team and he proudly replies Little Pointers. She finds it odd but the boy explains they are “mighty hard to skin,” hinting at a local quip or nickname.
Tommy brings home a found golf ball and claims he saw a man and his father searching for it. Traddles questions if it was truly lost, while Tommy insists the ball was found and witnessed by both adults.
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