bh 4
Senate Committee Also Is
Busy Investigating.
New York.—An epidemic of Jitters
fs sweeping the Wall Street financial
district.
The impression prevails that the
government is “after” big bankers and
nobody knows where the lightning Is
going to strike next. Some of the
leading figures of the profession have
already been knocked from their ped-
estals by preliminary bolts. A fed-
eral grand jury is probing into the sit-
ustion with might and main—presum-
ably on orders direct from Washing-
ton. The scope of the senate inquiry
is being extended, with particular at-
tention to “private bankers and their
part in the flotation of securities” Of-
ficials and books of some of the big-
gest houses of the street have been
subpoenaed for examination,
President Roosevelt has ordered a
general cleanup of the situation and
not the biggest by any means—banks
of the city. Harriman, later indicted
on fourteen separate charges of mak
ing false entries in the bank's books
while he was president of the institu
tion, was arrested and arraigned as he
lay ill in bed in his home. “lrregu-
larities” Involved in the specific
charges footed up to a total of $1,713,
225. The accounts of 14 depositors
were found to have been Juggled—a-
legedly by the bank's president.
The Harriman bank was the only
one of major importance in the city
which did not reopen after the March
banking holiday.
Another big banker to feel the im-
pact of the administration's heel was
Charles E. Mitchell, until recently
head of the National City, bank, which,
as everybody knows, rates as one of
the topnotch financial institutions of
the country and indeed of the whole
world. Banker Mitchell Is accused in
two federal Indictments, of them
returned shortly after his resignation
one
Members of the
intensive training
is Florence Lowe Barnes,
of the Japanese army.
fs determined that “nobody be spared |
if he Is guilty.”
It has been many a day
country's hitherto all-powerful
cial barons have trembled so in their
boots,
the
finan-
RinCe
Noted Banker Indicted.
The opening gun of the “cleanup
campaign,” one important phase of
which is aimed at the modern bank
practice of reckless “speculation with
other people's money” was f with
the arrest of Joseph W. Harriman,
ehairman the board of the Harri-
man National Bank Trust com-
pany, one of the best known—although
red
of
and
—
Would Boss Austria
I'vince Ernst Ruediger von Stahrem
berg, who is only thirty-three vears
old, is ambitions to be the dictator of
Austria, a Ia Hitler. He was with the
Hitler putsch of 1923 in Munich, and
fought with the German insurgents in |
Upper Silesia, He inherited vast es. |
tates with many retainers, whom he |
welded together In a private feudal
militia of about eight hundred fighting |
men, completely outfitted with slogans
and uniforms. He built up his little |
army into an lmpertant unit of the
Austrian heimwehr, of which he as.
sumed supreme command. He has |
two heimwehr men in the cabi-
net under Chancellor Dollfuss, and re-
cently he Issued a manifesto dissolving
the schutzbund and providing for a |
federal commissioner to run the realm,
intending to take that post himself,
Their national
ven Japanese women by
Con
and the other some
of evading the
taxes toilaling than $730,108 by
concocting fictitious losses through the
two weeks later,
payment of income
more
transfer of securities which were later
deeded back to him.
The indictment charges the
evasion of payment of $150.701.00 In
taxes for the 1930 by a
trandulent sale 750.000 worth of
stock which the banker Is alleged to
heve repurchased five montas later for
second
income year
of
substantially the same sum.
Ancther Banker in Mot Water,
Still another banker In
hot water with the government is Hor
“hig league”
nee
president
Sylvester,
of
, an afi
who is
until recently vice
National City
ste of the
the CO
ans
bank, under
ri ]
charge of third-degree
out of
his testimony
market inquiry
Mitchell was making his grudging ad
missions,
stock about
Sylvester is ace
true bill returned against hin }
federal grand jury here of having di.
rected the treasurer of his
to take 212.020 out of
by the
company
the sccount of
formed to float a Port of
York authority 2% an
expense of the syndicate when it was
really used for a loan to John E. Ram-
sey, general manager of Port
New York authority. The lean, it de
veloped, was made six weeks after the
National City company had underwrit-
ten an issue of $66,000.000 in port au
thority bonds, '
f syndicate
“
New bond issue
the of
Scientist Calculates
Date of His Own Death
Carmel, Charles Robert Aldrich,
scientist and writer, who recently died
following a sudden heart attack, had
analyzed his own mental condition and
Towns in Mexico
Lose Holy Names
Mexico City ~Gov. Estrada Call
gal, of the state of Morelos, has
asked authorization to change the
names of numerous Important
towns in his state whieh now carry
holy names. The department of
communications has authorized the
National railways therefore to
change the names of the stations
of Tres Marlas, San Vicente, Santa
Inez, San Carlos and others
Names of local patriots will be
substituted.
Activities and
Scholarship
By THOMAS ARKLE CLARK
Late Dean of Men,
University of Illinois.
There is a curious misconception
among high school and college stu-
dents that if you
are going to do
anything worth
while In extracur-
ricular activities
you are bound to
be a commonplace
or Indifferent stu-
dent, and that (if
you go out after
scholastic honors,
it follows that you
will get no nearer
the athletic or ac-
tivities fleld than
the side lines,
“1 don’t want to
have my nose in a book all the time,”
the aspirant for honors on the track
team announces, “I want to do some-
thing else.” So he loafs on the books,
flunks economics 27, goes on probation
and is ineligible for a year, What he
really means is that he has a consti-
tutional antipathy to hard work.
Oar local high school held a public
initiation a few weeks ago of the boys
and girls who had been elected to the
honorary scholastic society. 1 wasn't
at all surprised to in the group
boys who had won thelr letters in foot.
ball who were wearing medals for mu-
and Journalistic excellence and
who were quite outstanding in
other things than scholarship,
“If you're going to be a Phi
some loafer tells me, “you've got
give all your time to it™
It isn't true. One of the best guards
we ever had on our team made Tau
Beta Phi, honorary engineering fra-
ternity, earned his living and was in
love at Of course he
bad energy and concentration and de
sire to do well in ench of the activi
in which he was He
won his letter, got enough to eat, made
the senior and married
the girl Wis
What
end wl
Hive
gical
girls
deta”
to
the same time,
ties engaged.
honor
to
more cou
’
society,
whom he engaged.
! one ask?
o made Phi
and
Beta Kappa In his
any number of edi
and debaters who
one the same thing.
Junior
tors
year,
and managers
Newspaper Un!
$331, Western on
had known definitely
according to a
Mrs. Wilma Aldrich,
snys Mr. Aldrich he
the pr sbability of death
friends
article on
he was going to
of his
Gis
statement
widow,
Khe d discussed
several
had written
death which he
sent to his colleague, Prof, C. G, Jung
of Zurich, Switzerland. Mr. Aldrich’s
theory held that every person, if he
cares to search his mind, can prediet
his own death weeks Appar
ently believing In theory and
knowing his time Aldrich,
on the day of his death, placed all his
Then he retired for
than hail an hour
a heart nttack,
igh a previous mana
with
his close and
a scientific
of
ahead
this
had come,
business in order
night and Joss
5
later died of
Lhe
he al
tho medical exa
tion had shown him to be in excellent
COnaITIon
Spring Accessories
A study In red ana white, a flat en.
ameled collar, flexible galalith brace
let and a glittefing 16-strand bracelet
in cut metal and enamel. The cotton
gioves and the red pique bag sport.
checked gingham.
a
ro
ALLOY -
THE STEEL INDUSTRY
DEVELOPED OVER (500
DIFFERENT USEFUL
ALLOY STEELS.
Service
The Household
®
By LYDIA LE BARON WALKER
A splendid bearing
part of the
those who
Point and
reputation
ana
equipment
are
posture is
necessary to
from West
Much of the
which
graduntes
Annapolis,
for
distinguishes this class of young men,
is derived from this
training Whether
being handsome
feature of their
or not also
they
der the fact
fi
face is to
al some
the same as
is to & coun
here Is 8 cer
amount
{or
impor
not only to
individual, but
o those in contact
with him or her, to
“carry the
gallantly and
off ex t
A person is
colors
with
ob
served by 50 mans
in the
sr
FL
HBneon >
De ple
MLR
course of a
ith whom no op
f
¥ for con
sation
arded
INSers
impression
y is a discoursg
heering one, a
either of a person
ing individual or a «
gallant man or woman, or one indiffer
ent to the values that are in
every life. By the expression in their
and bearing, adver.
tise as plainly as does the flag of a
nation, what is the nature of their
allegiances, A casual glance at the
inditiduals in any group will suffice
to give an estimate of who “wear the
colors” of a land of pessimism in
which the izens carry a constant
burden around with them, to inflict its
welght whenever possible on others;
and also those “wear the col
of a more optimistic country
where the best thought, and good
cheer Is In order.
A standard bearer, he who carries
the colors in military functions, as
well as drill where there may not be a
band, would not hold his position long
if he did not do It with the alr of
importance, authority, and pride, as
well as ereciness,. One may argue
that it is because he is always under
inspection in so doing. The argument
holds In private life also. Whether
among strangers or not the individual
is always “under Inspection.”
We have observed strangers, with
good news in their possession which
makes them walk as If to martial
music and we have known that they
had good news. And we have seen
others, unconscious of our gaze, who
advertised the facet of their fallure
just as plainly, The face "is the
flag” which proclaims the sort of
boundaries one lives within. To make
public admission of unworthy ones is
not anyone's neceasity,
Seldom has there been a time when
for
great
eyes, smile they
cit
who
ors”
fashions In frocks lent themselves bet.
ter to making over of old styles into
new, Seldom has there a time
when the by
more desirable. The
home dressmaker can, from discarded
an interest new
wardrobe, not of so many dresses, but
been
econoiny made possible
such styles was
ne
ug
garments, have
of up-to-date ones by taking advantage
of these present voluminous sleeves of
today, which, whether sleeves be long
or short, require probably the use of
the good one old frock for
another frock into
wt f 1} th
portion of
wi a § ial
material
parts of
them, hile goes
¢ dress w
perhaps some of the sleeve
statanil 3 baal
Heeo as rit or
In thi
nto
it
trimming
“swarming over’
to
yaterial A
or the
two dress
oy
be sure select for
heavier tex
with
weight
well
dress itself,
ighter colored and lighter
Or the same welght
goods for sleeves ight
used for both parts
gloeves wo
glen yves
ir and lighter
a notable exception
f light and heavier
when It comes to velvbt
even
the
Hsposal ©
ght goods
wel
velvet
B £
when in
goods ealled “sheers” which term ap-
b plies to certain weaves not actually
transparent, but light and fine
weave such as georgette and those of
approxim texture,
@. 1923, Dell Bynd
Sleeves are frequently of
gowns themselves are
of
£818, «WNT Service
Clifford Sutter of New Orleans
played so impressively in winning the
men's singles in the North and South
tennis tournament at Pinehurst, de-
feating George Lott of Chicago, that
he was placed on tke American Davis
cup team.
Exhibits Huge Egg
Springdale, Ark.—A hen egg which
would “make a seal for an average
family” was exhibited here by W. KE.
Browner. The egg weighed more than
a half pound, measured 3% inches in
tength, and was 8 inches in circumfer-
ence.
By Charles Sughroe
Only Six Real Causes
for Mankind’s Maladies
There are no more than six causes
for lliness, according to Dr, Wilfred
Trotter of Chicago, with the possibil.
ity of the number being reduced to
four through future discoveries of
science,
One cause Is Injuries, such
sprains or wounds. Another is
formity at birth, such as hunchback,
A third cause is diet, a fourth poison-
ing, and a fifth Is Infection by para
sites, Including the large number of
diseases caused by germs. The sixth
is such malignant growths as cancer,
which are known medically as “neo-
plasms."
Doctor Trotter believes only
of these causes real, and that de
formities are due to Injuries, bad
diet, or germ Infections before birth,
while the cause of cancer will
an
de-
four
some
ted
isolated. —1’ath-
| day probably be definitely attribu
to the germ recently )
finder Magazine,
i
B- on
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Gambling Instinct?
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lr Dr. Pierce,
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