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Hi «8» K-'X--- fl: .: Iffi .y it dr fe-i'- fe', Kr': I*?: f: I 'ft s^^5 mi THE LEON REPORTER O. I- HULL. Editor LION, Leon, Iowa, PoBtofBce. r' Advertising Kates. Display Advertising, special ser vice, per inch Display Advertising, per inch. .12%e Display Advertising, 52 weeks per year, per inch l®c Reading notices, per line 5c Cards of Thanks, cash with copy Resolutions of Respect 51.00 Church, school and society no tices, where admission or en tertainment fee is charged, per line 5c We are glad to publish any and all church or society notices, but please don't confound news notices with advertising locals. Correspon dents are cautioned not.to include such notices with their items unless they are authorized and paid for, and If possible remittance for same should accompany the notice. THE CANAL DEFICIT. During the first eight months of S its use the Panama Canal earned '.about J2,300,000 and expended 1 enough more than that to make a deficit of about $260,000. This is considerably less than the prelim inary calculations indicated, so that even if times were normal there would still be room for congratula tion, but times are not normal. There are now in the hands of the warring nations of Europe more than 800 ships held as prizes or for the prize court and this does not be gin to tell the story of the interfer ence with trade which the war has caused. All of the ships of Germany tand Austria which might be using 'the canal are tied up, while the ships that are free to sail are meet ing a heavy pressure of business de veloped by the war. Shipowners are •not thinking of developing new ^routes through the canal now, but ij-.that will come when the war is done 4»t]and then it will be possible to get a ffSclear view of canal finances. There Sffican be no doubt that it will be pleas- -S| Bjf The Chariton Leader says they ^wouldn't be afraid to wager that O. E. Hull of the Leon Reporter hasn't lead the prayer meeting since the ap pointment of Mrs. Caroline Young Smith as postmistress. From what wo" can gather'of the situation at Leon the same may be true of near ly every democratic voter in Decatur county.—Mt. Ayr Journal. rV w?:m Profits in Legitimate Banking Small There is no hocus pocus in the business of a legiti mate bank. It is as simple'as buying sugar and coffee. Any "flim flam," misleading statements intended to de ceive an intelligent public are of no value in this enlight ened age. This bank pays annually a much greater sum to its depositors in interest than it pays to its stock holders in dividends. We quote the following from report of the comptrol ler of the currency for the year 1914, page 49:—"The net earnings of national banks reporting their earnings and dividends for the year ended June 30, 1914, aggregated $149,270,170 from which dividends were paid to the amount of $120,947,096, Dividends based upon capital and surplus averaged 6.80 per cent for the year, while the net earnings to capital and surplus were 8.39 per cent." It will be seen that the average dividend of over $ 7,000 NATIONAL BANKS was six and eight tenths per cent on total investment that the total average earnings was a trifle over eight per cent. The report shows in the middle western states, in which we are located, that the average was even less than the average of the whole. On page 87 of said report we find the following:— "Reports were received as of June 30, 1914, from 634 mutual savings banks, with $3,915,626,190.57 deposits, credited to 8,277,359 depositors, the average deposit ac count being $473.05." Large banks, are they not? They are mutual and the depositors get the earnings for interest on their deposits. On page 88 of this report we find the following:—"The average rate of interest paid to depositors in mutual sav ings banks in 1914 was 3.86 per cent, against 3.94 per cent in 1913. The highest rate is paid by the West Virginia 1 banks, 4.5 per cent, and the lowest average by the banks in Pennsylvania, 3.57 per cent. An average rate of 4 per cent is paid depositors in mutual savings banks in Massa chusetts, Rhode Island, Delaware, Indiana, and Cali or a Our business is conducted along legitimate and con servative lines taking no long chance in order to make big profits. We give depositors a larger interest return than the big mutual savings banks that pay their EN TIRE EARNINGS to depositors pro rata as interest. IOWA Subscription Rates. Du year «lz months JTkree months Canadian and foreign countriei. fl.00 per year. •ntered as second-class matter at 1 ROOSEVELT AND THE BOSSES. Who could imagine Grover Cleve land's sustaining such relations with Croker as Theodore Roosevelt sus tained with Piatt? Who could imagine Woodrow Wil son's sustaining such relations with Murphy as Theodore Roosevelt sus tained with Piatt? It is unthinkable. The documentary evidence pro duced at Syracuse shows that Mr. Roosevelt was not only hand in glove with the republican bosses of this state, but that he was an inte gral part of the machine—as much a part of it as Piatt or Odell or Barnes or Quigg or Aldridge or Par sons or any of the Old Guard. It was his machine as much as it was their machine. He worked with them, he counselled with them, he intrigued with them, and they were his friends, just as Quay was his friend and publicly acknowledged to be such. Mr. Roosevelt was himself one of the overlords of the system of in visible government by which the state was ruled. If this machine was corrupt, he shared the responsibility for its corruption. If it was infam ous, he shared the responsibility for its infamy. For years he used it for his own political power and advan tage in accordance with the Bismarck precept, "Do ut des"—"I give in or der that you may give." In his most conspicuous differ ence with the republican bosses, which arose over the renomination of Gov. Hughes, his personal sym pathies were emphatically on their side. It was only political expedi ency that led him to force the gov ernor's renomination. "If we had the right man to put in his place (the right man from the standpoint of getting the votes), I should say it was certainly wise to mominate such a,man." Even Tammany was not outside the sphere of his political benevolence, and he was glad to make an appointment that would "please Grady." There was no quarrel between him and the republican machine un til it rejected his third term can didacy and stood by Mr. Taft. As late as the summer of 1910 he was still writing to "My Dear Barnes," and inviting "My Dear Barnes" to come to the Outlook office to confer with him about the Osawatomie speech and the new nationalism. It now seems that if Barnes and the other republican bosses had thrown the New York delegation to Mr. Roosevelt instead of Mr. Taft in 1912, this libel suit would never have taken place. The alleged libel would never have been written. Cer tainly a reformer" who helped with his official power maintain the en tente that existed between Piatt and Croker could not have been shock ed by any casual political partner ship that might at some time have existed between Barnes and Murphy. mwr&w 1 '^vWJfePS Tf uflgNwyiMWiw jtv W« ,»s 1,1 1 *3 THE LEON REPORTER, THURSDAY, MAY 13 We do not believe there has been another governor of New York since John T. Hoffman who would have taken orders from a boss with such meekness and docility as Mr. Roose velt took orders from Piatt. The record demonstrates that Piatt made no mistake in his cynical estimate of Theodore Roosevelt.—New York World. WAR RABIES AND WAR. The women here and in England who describe the "war-baby" agita tion as idle, hysterical, exaggerated, and mischiexous may err on the side of indifference, but they at least are willing to look facts in the face. Along with some admirable human qualities, war develops a train of evils, and this is only one of them. Tragic as is the battle-field, it is the best part of war. Even there all is not heroic, as stragglers from ev ery fight fully attest. To bring great armies into conflict, however, there must be months in camp, and there never was a great military camp that was not more demoraliz ing than many a battle. What Brit ain sees now is some of the evils of the camp. In the course of time it will wit ness other sorrowful proofs that war lets loose every wicked passion that is known to men. Grief for the dead ill soon be assuaged, the maimed will presently be objects of little in terest, but the tens of thousands broken in health, victims of bad hab its and unsettled in their ideas of life and industry will be visible ev erywhere, in business, in politics, in government, in society and in thi church, war will leave marks of cor ruption that may never be obliterat ed. Although fifty years have passed since the close of our civil strife, we are still paying the price in many ways. We take pride in our strengthened, nationality and our progress in wealth and' commerce, and say that the war was worth all that it cost, but that is not to admit that those who brought the struggle upon us were not chargcable with an offense against mankind that is wholly incalculable. Soldiers who have seen service sometimes talk of battle, but rarely of the camp, the march and the trench. The glamour of war, as Britain is now finding out, rests not so much upon heroic armies in ac tion as Apon nations stripped of morals and steeped in excesses upon peoples who have lost their bearings, and upon governments that yield to greed and graft.—New York World. .-»* "Better farming" means better methods for making money—and more money means better homes, better stock? more comfort, better citizenship. Condensed Statement as Made to the Comptroller of the Currency May 1, 1915. Resources Loans $203,224.15 Real Estate......... 12,000.00 Stock in Federal Reserve Bank and Personal Property 5,000.00 U. S. Bonds 35,000.00 Cash and Exchange 42,730.25 Total....: $297,954.40 Liabilities Capital and Surplus ..$ 50,000.00 Profits, (net) 3,178.37 Circulation 34,997.50 Call Deposits .. 110,729.41 Time Deposits. ... 99,049.12 Total...... $297,954.40 "A Clean Bank—No Rediscounts—No Borrowed Money from City Banks and No Money Loaned to its Directors to Speculate With." Note—We quote the above verbatim from the state ment of a well known bank. The statement applies to this bank verbatim. We do not use it, however, with the insinuation that banks that might have money borrowed or rediscounts are Dirty Banks. Those things have nothing to do with the solvency of a bank, nothing what ever. A little more than a year has gone by since that remark was made and the Times is ready to admit what the democratic tariff has done to the farmer. Let the figures tell the story. The official report of the United States Department of Agri culture for April, 1915, gives the following as the average prices paid producers in Iowa on April 'l,sfor the following list of farm produce. For the convenience of readers we give in one column the figures for April 1, 1915, and in another column those for April 1, 1914. The figures in both columns are from the official report which may be seen in this office: 1915 Wheat, per bu..$1.26 Corn 64 Oats 51 Barley 66 Rye 98 Buckwheat 98 Potatoes 63 Hay, per ton .12.90 Flax seed, per bu.1.30 Butter, per lb. .26 Eggs, per doz .16 Chickens, per lb .10.4 A 4 i'p p. THE DEMOCRATIC TARIFF AND THE IOWA FARMER. A little more than a year ago the Times published a comparative state ment of prices for farm products un der the democratic tariff and those that had prevailed at the correspond ing season in 1913 under the Payne Aldrich tariff, showing that the farmer without tariff protection was getting more for nearly everything he had to sell, than he had under the pretense of protection with which the republican tariff makers sought to fool him. Shortly after the pub lication of that table a republican farmer whose eyes were not opened, jumped all over the Times editor when they met on the street, for at tacking the sacred schedules of the protection moguls. "Just you wait another year," said our critic, "then, you'll see what democratic free trade does to the farmer." 1914 Inc. .79 .47 .59 .05 '.34 .17 .52 .14 .62 .36 .84 v1* .93 9.80 3.10 1.20 .10 .24 .02 .16 .10.9 Here are a dozen leading articles of farm produce and on nine of them there has been a decided ad vance in price under the democrat ic tariff. Only on one article out of the twelve has there been a material reduction in wrice, that being on po tatoes. Eggs sold at precisely the same as they did in 1914, which was a little higher than the price of 1913 under the Payne-Aldrich tariff, and chickens bring just a half cent less than they did a year ago. The Iowa farmer can well afford to experience m$ny more years of the same sort of,fuin under the dem ocratic free trade, for never before has he enjoyed-as great reward for his labor and investment as he has since the Underwood tariff law Vent irito effect.—^rroli.Times. 'life''!? Reporter roil horse bells. j. ,..!'^.. -v..••• 77'ri "v 7" v'-. "V '^'-"v'' '",?:•# -"tvy.^".."i1:''"777• "7, "K 3,. 1915. *,, ty, fix* An operation appeared necessary. Her case had been diagnosed, she says, as gall stones. She was able to move about but little—to go any distance was tor tured She sent for Mayr'S Wonderful Remedy. Then she wrote: "I am greatly obliged to you for your wonderful remedy. I had been very bad with gall stones aiid the doctors, said I would have to go to the hospital. Last February I sent to you for a treatment, and when. I received it I could not walk a block. "I never have had a pain since I took the first dose. I fell off fifty pounds, but have gained it back." Mayr's Wonderful Remedy gives permanent results for stomach, liver and intestinal ailments. Eat as much and whatever you like. No more dis tress after eating, pressure of gas in the stomach and around the heart. Get one bottle of your druggist now and. try it on an absolute guarantee —if not satisfactory money will be returned. 2 jumt: Does it Need Cleaning? If you have any dress, skirt, waist, coat, vest, trousers, or other gar ment that are stained or wrinkled, let us send for it and change its ap pearance. We are experts in clean sing and renovating garments of all kinds. We press them back into their original shape again, and we satisfy every patron with our work and with our .charges. Hats cleaned, blocked and re trimmed. u' Als® 8nits itLfv-f1• V.: triP*. Rediscounts For years there has been an annual shortage of cur rency at "Crop Moving Season." This annual shortage .j, with its consequent losses to farmers and business gener ic ally became a menace to our financial system. Through an act of congress a committee of financial experts was appointed to make a study of all the different financial systems of the world. Upon the findings of this commit tee as a basis on which to work, the present Federal Re serve law was developed. It provides for the centralization of bank reserves and the issuing of an asset currency backed up by a large gold reserve and the guarantee of the government. The Federal Reserve bank does business only with member banks. It is a bank of RE-DISCOUNT, ESTABLISHED FOR THAT PURPOSE. Its aim is to enable member banks to convert their assets into cash. This bank is a MEMBER BANK, and has enough cash and paper eli gible to rediscount with the Federal Reserve Bank to pay every depositor in full. This quick conversion of eligible paper into currency is an assurance to every depositor in times of Panic. A Re-Discount creates no more liability against a bank than the- taking of a time deposit for an equal amount, and loaning it out. In each case the bank stands between the borrower and the lender, exactly the busi ness for which banks are organized. "STABILITY" That's the Word, That's our Motto What Constitutes Snccess? He has achieved success who has lived well, laughed often and gained the respect of intelligent men and the love of little children who has filled his niche and accom plished his task who has left the world bettef than he found it, whether by an improved poppy, a perfect poem or a rescued soul who has never lacked appreciation of earth's beauty or failed to express it who has looked for the best in others and given the best he had whose life was an inspiration whose memory is a benediction. Davenport Woman Escaped Knife Mrs. S. T. Oliver-of 1226 East High street, Davenport, Iowa, was so ill that her physicians told her she must go to a hospital. "lf^V —Mrs. A. J. Stanley. Will give special atten tion to your sale. I guar antee satisfaction. For teriqs and dates address me at Van Wert, Iowa. Tullis Bros. Decatur, Iowa Live Stock and Real Estate Auctioneers 4 I We guarantee to satisfy you. Write or phone for date. Notice of Final Report, In Decease^*6 In 4f®4. ^—-nz&mb 0. W. CONNOR 4 .Si£ KsS -'.TAIM®, Over PenntweD's Meat Market 37-4t CharIes VY: I 3V fr I f, E. 0. WILLS Auctioneer Van Wert, Iowa 1* "•St* jV: fXr f\ I 4 A 5? F- Keller^ the District Court of Iowa, in and for Decatur county. No. 1881 Probate. ••. Sarah E. Strong, Martha Bak-* er Emma Hart, Nettie Hart, C. M. Keller, Lydia M. Keller, Metaphany Keller, Prank Keller,. Helen Hamilton and Grace Keller You are. hereby notified that the g?ei A- R- Keller» adminis- trator of the estate of Charles P. Keller, has filed his final report therein in the office of the Clerk of the District Court in and for the aforesaid county, and has asked for its approval and his discharge from further duty or responsibility there in, and that Baid report and applica tion for discharge will come on for hearing before the court tfnrontj gfc l-eon, Iowa, on the 24th day of August, A. D., 1915, at which time and place you can appear and shoir cause, if any you have, why said flnaT report should not be approved andi the undersigned discharged from any further duty and responsibility. A. R. KELLER, Administrator^ REPORTER FOB HORSB BILL&