The Kenna record., December 26, 1913, Image 3

About The Kenna record. (Kenna, Roosevelt County, N.M.) 190?-1924

Image provided by: University of New Mexico

                
THE RECORD, KENNA, NEW MEXICO,
U. S. LOOKING FOR
KANSAS
BANKER
HIGHFINANCE AT YATES CEN
TER 8MA8HES TOWN'S NA
TIONAL BANK.
SHORTAGE MAY AMOUNT TO $175,000
Loam Are More Than Capital and
Deposits and Bank Hat No Sur
plusBorrowed Money on
Forged Note Claim.
Topeka, Kan., Dec. 23 A warrant
for the arreat of C. G. Rlcker, formeHy
president of the defunct Yates Center
National bank of Yates Center, Kan.,
has been Issued, according to an an
Doancement here today. Government
officials who for three weeks have
, been lnvestlgat.ng the affairs of tne
bank, say that shortages and liabili
ties may amount to $175,000 and that
. Mr. Rlcker has disappeared from his
home In Yates Center. A nation-wide
search for the banker has been start
ed. .
The investigators say that a survey
of the bank's affairs showed at the
time the institution was closed Its.
its $206,755, capital $50,000, and no sur
plus. Notes' aggregating $75,000, some
of which are alleged to have been
forgeries, were deposited through
..Rlcker in banks Id New York, St.
Louis and Kansas City as collateral to
secure loans, Investigators say.
Rlcker, it is alleged, owed the bank
tor, nni t,. t .
addition to these obligations, it is al
leged, Rlcker owes $19,000 on notes to
a St. Louis bank.. The investigators
Bay that during the alleged manipula
tion of the bank's affairs the directors
were kept in absolute Ignorance of
. conditions.
After the failure Rlcker was quoted
as saying he had properties on which
he could raise money and clear. his
obligations. Rlcker went to Yates
Center from St. Louis several years
ago.
HOU8E PASSES NEW BANK BILL
Then Sends Report Back to Senate,
Waiting to Receive It.
Washington, Dec. 23 The house
passed the conference report on the
administration currency bill at 10:46
o'clock tonight by a vote of 298 to 69
and sent the report to the senate
which had waited in session to rece.ve
it before adjournment for the night.
Mr. Glass went over the conference
report in detail and defended the note
provisions of the bill which had been
assailed by bankers and members of
the senate.
Representative Hayes, of California,
minority member of the house confer
ence to remove the provision which
makes the government primarily re
sponsible for the notes It proposes to
Issue to the regional reserve banks.
v Mr. Hayes also declared the bill de
fective In the provision extending cred
it on farm loans, maintaining it was a
"gold brick to the farmer" in thatonly
a small percentage of the surplus of
the small banks could be loaned to the
farmers.
Representative Lenroot of Wiscon
sin, Republican, announced he would
vote for the conference report because
he belleveS it an Improvement of both
senate and house bills.
"Under this bill," he said, "the re
serves in Wall street can' no longer
be used in stock speculation but must
be used to meet the commercial needs
'Of the country."
Announcing that he would vote for
the conference report, Victor Murdock,
Progressive leader In the house, in
sisted that the Democrats had acted
too hastily and struck only a "half
blow'' at special interests.
"In the last eight months," said Mr.
Murdock, "I have seen the mental at
titude of Democratic leaders change
from desire to serve the public to
an attitude of trying to avert national
disaster. There Is no panic In this
country yet.
"There are no hard times yet, but
the special interests or the country
which are no mean enemy, have been
spreading the poison of pessimism all
over the country."
Washington, ec. 23 A final vote
on the conference report in the senate
not later than 2:30 o'clock tomorrow
was fixed by unanimous consent Just
toefore 10 o'clock tonight, At the sug
gestion of Senator Gallenger, the Re
publican leader, Senator Owen, agreed
not to press the report for considera
tion tonight In return for an agree
ment to vote tomorrow. By unani
mous consent it was agreed that the
senate should meet at 10 o'clock to
morrow morning, take up the report
Immediately and take a vote not later
than 2:30 o'clock
llll
WHY I EMIGRATED"
THE NOTES OF A PROMINENT
JOURNALIST WHO MADE A
. TRIP THROUGH WESTERN
CANADA.
A prominent journalist from Chi
cago, some time ago, made a Journey
through Canada obtaining a thorough
knowledge of the land and people and
of the "boundless possibilities" that
Canada, the virgin land, affords. In
an American Sunday newspaper be
published after his return the interest
ing account which we print as fol
lows. He writes:
'Why did you emigrate from the
United States?" I asked a farmer in
Western Canada.
"I believe that for a poor man West
ern Canada la the most favorable
land," was the reply, "and I have now
found that it is the Paradise or the
Poor."
The farmer, a pioneer of the west,
had five years earlier left Iowa for
Canada to secure a new home there.
After traversing the country for some
time, be started his home on the open
prairie and with steady Industry de
voted himself to the working of the
virgin soil Now he la the well-to-do
owner of that endless sea of waving
wheat ears that goes on for miles be
fore my eyes. His strong, sunburned
figure finds the best background In his
farm itself, which is the outcome of
his ceaseless activity a pretty two
storied dwelling house, a large clean
stable, In the midst of a Tiamlet of
barns, sheds and outbuildings, a use
ful garden overflowing with products;
horses, cattle, sheep and swine on the
rich pastures, and around to the hori
zon wheat, golden wheat.
"In Iowa?" the farmer continued, "I
farmed on rented land, for at the price
of $100 per acre I did not possess
money enough to buy. I might farm,
I might farm as I could, more than the
living for myself and family, I could
not attain. Sometimes the harvest
turned out good, sometimes bad, but
the grand total was a bitter combat to
keep want from the door. It was im
possible to lay by for bad times and
In spite of all trouble and work an old
age free of care was not to be
thought of. My death would have
brought bttter poverty to my wife and
children.
"I decided to break-up and go to
Canada, where at least I could fight
out the struggle for existence on my
own land. I started out with a mule
team, all my earthly possessions were
In the prairie-schooner with my wife
and children. Then I took up a home
stead of 160 acres to which I added
by purchase gradually; now as a
whole I count about 3,000 acres as my
own. The whole property is free of
debt, I do not owe a cent to anyone.
I bought my land for $2-$10 per acre,
now I would not give it up for $50."
"Do you mean to say that you paid
for the whole land in the five years?"
I interrupted.
"In a much shorter time," replied
the farmer. "The land paid for itself,
some already by the first harvest, and
at longest In 3 years each field bad
brought in Its purchase price. If you
doubt that land in Western Canada
pays for Itself within 3 years you can
easily convince yourself of the truth
of my assertion. Let us assume that
a farmer buys a farm of 160 A. at $15
per A. for $2,400. Farm machines,
seed, ploughs, mowing and threshing
might bring up the outlay to about
$10 per acre. If the farmer sows the
160 A. for 3 years in succession with
wheat and harvests 20 bus. per acre,
then the product of an A. at the aver
age price of 75c per bu. is exactly $15
per acre. If you deduct the $10 out
lay, you will retain a clear return of
$5.00. For 160 A. the annual-excess
amounts to $800, consequently the
farm has after" the -third harvest
brought In the purchase price of
$2,400.
"Sometimes and not rarely the
land pays for itself by the first harvest
of 35 bus. of wheat bring in more than
the purchase price of $15 per acre.
As In some years I harvested more
than 35 bus., you can reckon for your
self hpw quickly I paid for my farm."
"WVuld you not prefer your own
farm In Iowa?" I asked.
"No," replied the farmer, "never
will I go back, In general very few
American settlers return to the old
home. In Iowa a 160 A. farm costs
$100 per A., $16,000; in Western Can
ada $15, only $2,400. For the same
money that you require to buy a 160
A. farm In Iowa, you can buy here In
Western Canada a farm of 1,000 acres.
I have money enough to buy a farm in
Iowa, If I wished. But there my year
ly Income would be ' a small one,
whereas here I work for a great gain.
There I would only be a small farmer,
here I am a large landed proprietor."
In 'a corner of the farmyard I had
during our conversation noticed a
mound . of earth overgrown with
grasses and wild flowers. To my in
quiry as to what it was, I received the
reply; "That Is the ruin of the wooden
shack covered with sods, which I call
ed my home when I settled here five
years ago."
I gathered a wild aster from the
ruin and flung It into the air. In a purplish-glittering
line the wind drove the
flower towards the fine, modern-equipped
farmhouse. What a contrast be
tween the lowly earthy hut of yester
day and charming palace of today!
This contrast says enough of the un
bounded possibilities, which this new
land offers to the willing worker. How
the poor emigrant on the open prairie,
through energy and activity, within. 5
years worked his way up to being a
well-to-do farmer and esteemed citi
zen! More,- the farmer did not re
quire to say. Why. did lie emigrate?
W H Y ? Why I saw the answer with
my own eyes." Advertisement.
Useless Pause.
"To oppose the new woman Is like
opposing the tide with a broom. Bet
ter still, it's like Celhoun Clay."
The speaker was Dr. Horace C.
Newte of Denver, who has for a long
time been championing the slashed
skirt on the ground that it makes for
hardiness and prevents cold.
"Calhoun Clay," he resumed, "was
getting married. Little and lean, he
stood at the altar beside a tall and ro
bust bride of 180 pounds or more. The
ceremony proceeded regularly until, in
the bride's reply the words 'love, hon
or and obey' were pronounced.
"At this Juncture Bridegroom Cal
houn Clay held up his right hand. A
pause ensued. In th silence Calhoun
(laid :
" 'Excuse me, pahson, but Ah would
have us wait a moment an' let de full
solemnity o' de words sink in- espe
cially de last two. Ah'e been married
befo'."
When He Despaired.
Wife (on her return home) Have
you noticed that my husband missed
Mary?
me very muci While I was away,
Maldr-Well, I didn't notice It so
much at first, but yesterday he seemed
to be in despair.
Things are bound to take a turn
and some day parents may be sent to
bod In disgrace for talking back to
their children.
If a girl doesn't get used to having
her heart broken by the time she Is
eighteen she never will.
A simple remedy ftgninit coughs and nil
throat irritation are l)ean' Mentholated
Cough Dropt 6o at all good Druggiete.
Literally So.
"So Jones still rides horseback. He's
away behind the times."
"I don't see it that way." .
"Well, you'll admit that the eques
trian has to take a back seat."
nil's Pills
etlmulate the torpid liver, atrenftbea the
directive ortana, regulate the boweU. A reee
edr for lck headache. Unequaled a mm
ANTI-BILIOUS MEDICINE.
Elegantly e-ar coated. Small dote. Price, 20c.
BOY
WAIITm to tai-k op algna In your
nltU tirlihborhond. Mood par..
Hitrnn anerlnlly painted with your name.
A.U.JUui lesx.rhUadelpliia.l'a.
W. N. U., WICHITA, NO. 52-1913.
E
I - -
I MS)
10? Ijlljpmilll!! I jljjlll MIMIMMjl 1 1 1 1 II I IJ 1 nm
iliM
ALCOHOL-3 PER CENT
XVegetel le Preparation for As
similating the Food and Regula
ting the Stomachs and Bowels or
PHCTOP
ipinits y SI III
Promotes Digesh'on,Cheirful
nessand Rest.Contains neither
Opium.Morphine nor Mineral
Not Narcotic
Kttipt TOM DrSAMl'ElmfSt
itxMUStfts .
fypptnhiiU -
h'orm Sttd -Ctontitd
Sufmw
A perfer'. Remedy for Constipa
tion . Sour Stonrach.Diarrhoea,
Worms .Convulsions .Feverish
ncss and LOSS OF SLEEP
Facsimile S gnaturf of
The Centaur Company,
NEW YORK.
Guaranteed under the Foodanj)
For Infants and Children.
The Kind You Have
Always Bought
Bears the
Signature
of
AAlf
Exact Copy of Wrapper.
In
Use
For Over
Thirty Years
'111
"That's What I Want!"
"It always makes Mother happy when I take home this
big family package. We all like them so much that shedoesn't
have to worry about baking when she doesn't feel like it"
L-.W SODA
CRACKERS
L.-W. Soda Crackers are lighter than even well-made bread,
and their flaky crispness makes them most digestible.
Ask for the Big Package
L.-W. Soda Crackers are very economical in the extra
large family package triple-sealed to keep them fresh, crisp
and flavory 25c.
Joose-ile3 JJiscinT (ompany
Baker of Sunablne Biscuit
(
5
ft-vH&$m& f,'Wj
Or Cuss.
"Do you ever weep over a story T"
"Sometimes when I get It back from
the publishers."
Nothing pleases some of us more
than being able to convey bad news to
others.
The man who bets will never realize
how poor his Judgment is.
ktre.Winalow'a Boo thine1 Syrup for Otalldrea
teelblna;, eofiene the fnma, redncee lnflamma
Mon.allaye paJn,eoiaa wind college a boltlegMV
' Do you try to do those you are
dunned byT -
IP SALE 18 BLOW
EXCHANGE
your property or boalneea for eomethlna
yon waut. Our mod era metuode axe rf
tectlve. Write for oar tree Dlevas. Cw
reepoodenoa confidential.
MERRIAM. ELLIS BENTON,
607 MtnneeoU Ave. Kanaaa City, Kaa,
imik
IftaasuaB tt tile ugly, grtnly, gray halre U
jss "la eriKon- hair pnkvsinq, prick, i.oo,
M
retail,