DS STATE BANKS
~~ WELL SUPERVISED
kers Body Sees Less Politics
Banking Departments With
etter Facilities in the Hands
‘ the Responsible Officials.
RR
survey of state banking depart-
s by the State Bank Division,
rican Bankers Association, dis-
gs a distinct tendency the past five
to take bank supervision out of
cs, to increase the discretionary
rs of bank commissioners, to
hen their terms of office, to sup-
them with adequate forces of
fled examiners and to relieve
ing departments of duties foreign
anking, says a recent statement
d by the association.
7e have consistently urged that
»ffice of bank commissioner be as
from partisan politics as the ju-
ry itself and that #t be divorced
1 all other functions of state gov-
ent,” the statement says. “Fur-
, that his term of office be made
3 secure and lasting, with sufii-
t salary and power granted to at-
t and retain the services of men
utstanding executive ability, cour:
resourcefulness and successful
ting experience.”
‘ive years ago the first survey ot
e banking departments by the divi-
demonstrated the need for im-
ements. On the basis of data
in hand it is evident that, through
revision of statutes in many states,
d steps are being taken in the
t direction. One by one the states
coming to recognize the primary
ortance of strong, competent bank-
departments. The demand for in-
sing the effe.tiveness of banking
artments is beginning to be met.”
v Bank Commissioners Are Chosen
he office of bank commissioner is
+ operated as an independent de-
ment of state government in thir-
our states, the bankers find. In
states the bank commissioner is
ited at general elections; in one he
\ppointed from eligible lists of the
1 service and in another he is se-
ed by the banks. In one state the
kers’ assocation elects a list of
names from which the governor
oints one as superintendent of
ks; in another he is appointed by
State Corporation Commission and
another ,by the State Banking
ird.
Terms of office of bank commis
1ers have been lengthened in sev-
| states during the last five years.”
report says. “In 28 states the
=m is four years, in one, five years,
| in three it is six years and in
ie the term . indefinite. A short
m is condemned on the grounds
t the commissioner has insufficient
e to become thoroughly conversant
h his field work. A longer term
‘mits his rendering useful service
ough capitalizing his experience.
‘® years ago the average length of
vice was less than three years,
ile now it has risen to five years.
Higher Sta dards Required
‘Signs of an awakening to the ne
sity of making successful banking
veri nce a qualification for bank
nmissioner are evident. While elev-
states. report no banking experi-
se necessary, the majority require
serience of this sort, ranging from
o to five years. Twelve states now
ve banking boards, with powers
ging from acting in an advisory
sacity to (ull power over all state
nks ‘o issue and reject charters.
‘A healthy sign is the number ot
yorts which <’'sclose that the com-
ssioners have full power to appoint
nk examiners or that these appoint-
nts are made from civil service
ts. This power is now granted to
> commissioner by twenty-seven
{teg. Three require that selection
from civil service lists. Complaints
3 still made in a few states of po-
ical pressure in the appointment of
aminers, but the contrary seems to
true in & growing number of states.
0 most capable commissioner can-
t successfully perform his duties
less he is able to command the
rvices of efficient, honest examiners.
ie safety of depositors is dependent
their work, and their appointment,
ness and compensation are highly
portant. The number of examiners
8 increased 2F per cent in the last
e years.”
ANKERS TO HOLD
GREAT CONVENTION
Cleveland, Ohio, has been desig
ted for the 1980 annual convention
the American Bankers Association.
1is organization, which numbers
out 20,000 banks with $65,000,000,000
assets, is annually the nation’s most
portant financial event. The attend-
ce ranges between five and ten
ousand.
Cleveland is especially significam
the history of the Association's edu-
tional traditioms since it was in this
.y, when the erganization last met
ere in the yeae 1899, that the origi-
il resolution was presented looking
the formatfom of an educational
ction. This subsequently resulted in
e American Institute of Banking in
hich are now emrolled 35,000 bank
en and women engaged in the study
the technical und scientific phases
the business,
Ey
Mexican Coat of Arms
: -. Traced to Aztec Fable
That the name “Mexico” comes from
“mexictli,” the Aztec word for the n&-
tive maguey or pulque plant, is the
conclusion of Enrique Juan Palacios,
of the Mexican direction for archeol-
ogy, who has searched for its origin
in native Indian documents, as well as
In other sources of information. Bv-
ery Mexican school child knows that
his national coat-of-arms is an adapta-
tion of the ancient Aztec hieroglyph
or place-name for ‘‘Tenochtitlan,” as
pre-conquest Mexico City was called.
Mexico's shield, therefore, is at least
six centuries old, It represents an
eagle in mortal struggle with a snake,
which he holds with one claw and his
beak. With the other claw he is bal-
anced on a spiny nopal cactus growing
on a rock in the middle of a lake. This
picturization of an extremely difficult
position illustrates the Aztec fable of
the founding of the ancient city that is
now the capital of the Mexican re
public.
Possibility That Great
Auk May Still Exist
Does the Great Auk still exist? The
last authentic case of one having been
seen was in 1843, but “Bird Notes and
News” raises the question as to wheth-
er a bird which has been seen in the :
Lofoten islands (off the coast of north-
ern Norway) is not a Great Auk, A
writer tells how a Finnish hunter and
paturalist saw a strange bird which
he could not recognize. He was shown
a picture of the Great Northern Diver,
but said it was not the same, He
was then shown a Razorbill, but de-
clared that the bird was bigger. The
book was opened casually at the Great
Auk, and he immediately identified it
and persisted in his story, which was
corroborated even to the identification
by ap Independent witness who had
also seen it. The bird was never seen
again, but it is possible that on such
a wild coast a few Great Auks may
have survived.
Odd “Break’” in Sermon
The former pastor of a Tioga church
tells a good one on himself which
shows the queer breaks a man can
make, even in the pulpit.
The pastor was preaching on “Faith
and among his illustrations of the
value of faith declared that "it was
by faith timt Moses discovered Amer-
ica.” :
He noticed a smile spread over the
faces of the congregation, but couldn't
imagine what it was about, and re- |
peated that but for his faith Moses |
would never have crossed the stormy
Atlantic to America.
Having observed that his wife was
as much amused as anybody, he
promptly asked her on reaching his
home what the people were smiling at.
When she told him, he was forced
to wonder at the restraint the congre-
gation had shown.—Philadelphia Rec- |
ord.
To “Turn State's Evidence?”
State's evidence is the evidence pro-
duced by the government in criminal
prosecution. The term also applies
to a person who gives such evidence.
When a person implicated in a crime
voluntarily confesses his share and |
gives testimony that will incriminate
his accomplices he is said to “turn
state’s evidence,” namely, he becomes
a witness for the state. In such cases
there is generally an express or im-
plied promise on the part of the au- |
thorities that they will not prosecute
the witness who thus testifies, or that
he will at least be dealt with leniently.
Prosecutors do not usually promise
such immunity unless there is insuffi-
client evidence to convict the defend- |
ant without the testimony in question.
—Pathfinder Magazine.
Salesmanship
Five-year-old Dorothy Rose recently
was a very attentive listener while an
agent explained to her mother the ed-
ueational value of a book.
“You must leave this book lying
nere on the library table, so that the
children may have free access to it,”
he said.
A few days later Dorothy Rose
played selling books to mother, and in
imitation of the real agent, said:
“Now, missus, you must leave this
book lying right on your buffet and
the children must have three axes
to. i.”
Famous Early Bishop
Francis Asbury was born at Ham.
stead Bridge, near Birmingham, Hng-
land, in 1745. He died at Spotsyl-
vania, Va., in 1816. He came to Amer-
fca as a missionary in 1771. There
were then only 816 Methodists In
America. When he died he had trav-
eled more than 270,000 miles, preached
more than 16,000 sermons, and or-
dained more than 4,000 Methodist min-
isters. He never married. Constant
travel, limited resources and his zeal
in church service were some of the
reasons advanced for his single life.
Enthusiasm
The enthusiasm that lifts as as on
pagle’s wings makes for joyous serv-
ice. The ability to run, to press for-
ward unweariedly in the chosen coursey
makes it easy. But to walk day after
day, only able to trudge along the
right road slowly, while the victors
with wings sweep above us, and the
strong runners dash by us toward the
goal, leaving us far behind—this is
hard. To keep courage, press forward
and not grow faint-hearted, may at
last be the greatest ictory of all,
KILLS ARMY BUDDY:
~~ DOESN'T KNOW WHY
Private Soldier Confesses to
Strange Crime.
New York.—“Why
Bim?”
Louis Galvano, twenty-one, a prl-
vate in the United States army, sta
tioned at Fort Du Pont, Wilmington,
Del., had that question propounded to
him time after time by detectives of
the Brooklyn homicide squad in the
Bath Beach station.
“} told you I don’t know why,” the
pfisoner invarlably replied. “I just
put the gun to the back of his head.
and pulled the trigger.”
“You mean to say you killed your
buddy, and don’t know why you did
1?’ Acting Lieutenant Conan asked
“rhat’s it exactly,” answered Gal
vano. “I blew his brains out. and to
save my life I don’t know why !
did it.”
During the long interrogation the
young soldier was calm and matter
of-fact. When the detectives paused.
he read the sports page of a newspa
per. He smoked innumerable ciga
rettes with the air of a person per
fectly at ease and at peace with the
world.
did you kil
No Motive Found.
Finally the detectives had to be sat
|i{sfied with Galvano’s description -ot
| how he committed a murder without
| learning of any motive. He was held
| without bail as fugitive from justice.
The fugitive charges were made
pending the arrival of a formal mur
der complaint from the police of Wil
mington, Del., where the crime was
committed. Galvano Is accused fin
Wilmington of killing Arthur Cline.
twenty-one. a private in Company E
| First Engineers, at Fort Du Pont
{The two were known as inseparable
friends.
Cline’s body, in civilian clothes, bui
stripped of all valuables and marks
of identification, was found Christ
| mas morning by a hunter in a marsh
i about three miles north of Wilming
ton. Two bullet wounds were in the
"back of the head.
Wilmington police found that Gar
gano. Cline and a third private of
Company E. Alonzo Emery, had left
| the fort Christmas eve in an automo
i bile owned by Emery. Cline, they
' were told, was going to Amsterdam.
IN. Y., to spend a short holiday fur
tough.
Other Soldier Seized.
| Emery was arrested in Wilmington
{and held without bail. His statements
incriminated Galvano. The police here
| were then requested to apprehend Gal
i vano, also home, he said on holiday
leave. E
| Galvano was nonchalant when the
| police took him into custody at his
‘ parents’ home.
| “You want me,” he said. “All right
[fm ready to go with you right this
minute.” He lighted a cigarette.
| After admitting he killed Cline, the
| detectives said he related that Cline
| was going A. W. O. L. in order to be
home for Christmas and that Emery
' consented to drive Cline and Galvano
‘to the railroad station outside of Wil
" mington.
Galvano told detectives that when
they were half way to Wilmington
with Emery driving, Cline also in the
‘front seat, and himself in the rear
geat. he started fingering a small non
service pistol he had in his pocket.
Jol remember taking the gun out and
putting it close to Cline’s head, and
then 1 pulled the trigger. That's all
[ remember about it,” he said.
| “But you shot him twice. Why did
gou do that?’ the detectives asked.
“1 don’t know. My finger just pulled
the trigger,” replied Galvano.
i A few minutes after the shooting.
i Galvano added, another automobile
came down the road. At his direction.
the prisoner said, Emery started the
car while he held up the limp body of
Cline to avoid suspicion.
Later, he continued, he and Emery
: cemoved the body from the car to the
marsh, took about $20 Cline had, then
removed all identification marks.
Galvano denied he was drunk when
ne shot Cline. “I had a couple of
drinks.” he said, “but I wasn’t stewed.”
Returned to Cell After
Escaping to See Mother
Washington. — Archie Lyles must
-eturn to a prison cell, but his mother.
whose illness led him to escape from
the Lorton reformatory in northern
| Virginia, is on the way to health once
more.
Lyles, spurred by reports that Lis
mother was dying in a hospital here
escaped from the reformatory. Later
he appeared at the hospital, gained
admittance and went to the bedside
of his mother. Mrs. Cora Passman
There searchers found him. but not
before his visit had accomplished Its
purpose. His mother is expected to
recover. ?
American Bull Fighter
Steps Up in Standing
Muadrid.— Besides doing some sight-
seeing, Sidney Franklin, the American
“matador de novillos,” spent the win:
ter going to varfous Spanish ranches.
practicing Lis art with the bulls. He
will start the 1930 season fighting the
three-year-old “novillos,” but if he is
in as good shape as he was at the
end of the 1920 season he probably
will be given the “alternative” to
fight the four-year-olds. He would
then hold the “doctor's degree” of
bull fighting, and bis title would be
“matador de toros.”
—— ~ re
ESR -
TREATED AT
COUNTY HOSPITAL
Mrs. Dora Schlegel and infant,
wife and son of Jay Schlegel, of
Milesburg, were discharged on Mon-
day of last week. :
Mrs. Mary Whitmore, of State Col-
lege, a surgical patient for the past
two weeks, was discharged on Tues-'
day of last week.
PATIENTS
Mr. and Mrs. George Rockey, of |
Spring township, are the happy par-
ents of a baby boy, born in the hos-
pital on Tuesday of last week.
Laurna Davis, 9-year-old daughter
of Mrs. Flora Davis, of Spring town-
ship, was admitted on Tuesday of
last week as a medical patient.
Mrs. William Shoemaker, of Penn-
sylvania Furnace, was admitted on |
Tuesday of last week as a surgical |
patient.
Mrs, Annie Brobeck, of Walker
township, was admitted as a medical
patient on Wednesday of last week.
Conrad Miller, of Bellefonte, was
admitted on Wednesday of last week |
as a surgical patient. He sustained |
a crushed ankle while at work at his |
limestone quarries. i |
Dorothy Stamm, 7-year-old daugh- |
ter of Mr. and Mrs. Clyde Stamm,
of Pine Grove Mills, was admitted
asa surgical patient on Wednesday
of last week. |
Betty Johnson, 2.year-old daugh-
ter of Mr. and Mrs. George Johnson,
of Centre Hall, became a surgical
patient in the institution last Thurs-
day and was discharged the same
day.
William I. Bevan, of McKeesport,
was admitted as a surgical patieiit
on Thursday of last week.
Mrs. Gray Rockey, of Spring town-
ship, who had been a surgical patient
for the past two weeks, was dis-
charged on Thursday.
Henry Young, a surgical patient,
was discharged on Thursday of last
week.
Mrs. Daniel Barnhart, of Miles-
burg, a surgical patient, was dis-
charged on Friday of last week.
Mrs. Herbert Broze, of College
township, a medical patient, was dis-
charged last Thursday.
Master Taylor M. Potter, son of
Mr. and Mrs. W. H. Potter, of Cen-
tre Hall, a surgical patient, was ad-
mitted on Thursday and discharged
the same day.
W. T. Twitmire, of Bellefonte, a
medical patient for a week, was dis-
charged on Saturday.
Miss Alice Banford, of State Col-
lege, a medical patient for two
weeks, was discharged on Friday.
Clarence Hoy, of Bellefonte, was
admitted on Saturday night for sur-
gical treatment.
Mr. and Mrs. Edward Houser, of
Bellefonte, are rejoicing over the ar-
rival of a daughter, born at the hos-
pital on Sunday.
Robert Koch, a surgical patient for
the past two weeks, was discharged
on Saturday and returned to his
home at Pine Grove Mills.
Mrs. Walter Gherrity, of Belle-
fonte, was admitted on Monday of
this week for medical treatment.
Dorothy Whitcar, of Millheim, a
student nurse, became a medical pa-
tient on Monday.
~ Miss Catherine Reese, of Boggs
township, a surgical patient, was ad-
mitted on Monday.
There were forty-five patients in
the hospital at the beginning of this
week. i
1134 HUNTERS LOSE
LICENSE PRIVILEGE
Since 1923 when the Board of Game
Commissioners was first vested with
power to revoke hunting licenses,
such action has been taken in 1134
cases, according to the last compila-
tion made.
At present 380 revocations are
still in effect. Of that number ac-
tion was taken on July ¥1,1929, in
399 cases, for periods of one to two
years, according to the offense being
punished.
The board has power to revoke
hunters’ licenses for one or two years
after conviction of any game law
violation, destroying personal prop-
erty or crops, careless use of firearms
or intoxication while carrying a load-
ed weapon.
Conviction for a second or subse-
quent offense permits the Commis-
sion to revoke licenses for not less
than two years or more than three.
— Encourage others to subscribe
for the Watchman,
NEW ADVERTISEMENTS
DMINISTRATOR'S NOTICE—Letters
of administration on the estate of
Anna T. McLaughlin, late of the
borough of Bellefonte, county of Centre
and State of Pennsylvania, deceased
having been granted to e undersigned
all persons knowing themselves indel ted
to said estate are hereby notified to make
immediate payment of such indebtedness
and those having claims 1 present
them, properly authenticated, for settle-
ment.
J. M. CUNNINGHAM
75-4-6t Administrator.
IRA D. GARMAN
JEWELER
1420 Chestnut St.,
PHILADELPHIA
Have Your Diamonds Reset in Plantium
74-27-tf Exclusive Emblem Jewelry
Free sik HOSE Free
Mendel’s Knit Silk Hose for Wo-
men, guaranteed to wear six
months without runners in leg or
holes in heels or toe. A new pair
FREE if they fail. Price $1.00.
Ww
investigated.
Always Ask Your Banker
hen solicited to buy securities peddled by 1
agents; never deal with strangers, until
you have had them and their projects fully
The Banker has nothing to sell—he only
wants to protect you.
It is strange how prudent men who have
saved a little money by economy and self-denial,
will sometimes throw it away. Always consult
your Banker.
He can get the facts.
THE FIRST NATIONAL BANK i
BELLEFONTE, PA.
&/
SEED
RR SLR CC CUR A AS I AA ARNG AMATO OT
At
SR CR SS RE CEE CT SIR SECT NN ZA
Study the Life of
George Washington
E all do well to know and
remember the leading facts
about the career of George
Washington—the Father of his Coun-
try. Much inspiration can be derived
from the study of his life.
TE FIRST NATIONAL BANK
STATE COLLEGE, PA.
MEMBER FEDERAL RESERVE SYSTEM
= ¢
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(J o]
BY
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/
YEAGER'S TINY BOOT SHOP
If Your Overcoat: Size
Is 38 or Larger
you will find what you want at Faubles
at prices that will save you from
Ten to Twenty Dollars
ON A SINGLE OVERCOAT
Lua
nothing smaller than size 38—and
W e have left 54 Men’s Overcoats—
we are out to make a complete
clean-up.
Eel
== |t’s our loss and we are taking
it gracefully.
It’s your opportunity.
Us
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