8 TITE 3IORXIXG OTIEGOXIA, SATURDAY, JANUARY 7, 1922 GUARANTY OF BANK DEPOSITS Plan Given Up After Scandi navian-American Crash. PROBLEM IS UNSOLVED Small Fund of Washington Institu tions Unable to Pay Interest on "Protected" Amount. (This In th first of a ferles of three articles on the operation of Htal banking law In Washington, by .lames Wood of The Oregonian i'uxet soumt- bureau. The second article will follow at an cany date.) ARTICLE 1. pnGET SOUND BUREAU. Seattle, Wash., Jan. 6. Banking under the state laws of Washington has re verted to the basis of business mor als and methods. Hereafter, as was the case before June, 1917, banks will be conducted honestly or dishonestly, according to the lights and purposes of their respective officers; subject to the customary rules, regulations and restrictions, but without the false stimulus and impossible assurance that the state of Washington guaran tees the security of every penny on deposit. . With the end of the year 1921 the last of the member banks associated In the so-called "Washington Bank Depositors' Guaranty Fund" complied with the simple formality required by law and gave notice of withdrawal from their share in the responsibility. A news dispatch in The Oregonian of December ill announced that the membership had , been reduced, by successive withdrawals, until only seven small banking Institutions re mained in the fund. By the close of business on hat same day the last of these small seven had followed the safety-first example of all Us some time associates. The slate was cleaned for at least one New Tear's resolution "Never again." State I'aternnllxm Cloned. This abandonment of the guaranty fund may be said to close the last chapter of a story of simulated state paternalism. But the volume will not be complete without all the notes and addenda now In the making. Complainants, counsel and the courts have yet to be hoard from. Com plainants are already vociferous and have been so for some time; counsel will have much and the courts enough to say. When that's all done the whole tale may be told of Washing ton's state bank guaranty fund and its failure to function for the pro tection of anybody. Meanwhile the facts relating to the origin of the fund, something of its operations and the causes of its final flattening out afford an interesting field for study of the impracticality and futility of legislation designed to equalize, without penalizing,' the twisLs ami turns and contrarieties of human nature. , System la Unpopular. At the outset It must be said tRftt none of the complaints so loudly heard of late, none of the cases be gun or In course of preparation by counsel, are specifically directed against the former member banks that have recently run out, almost in a body, from the responsibility they had voluntarily assumed under the guaranty fund law. Popular resent ment, especially keen with those who have suffered loss, Is directed against the system, against the loose con struction of the guaranty fund law which permitted assurance not only to be given, but to be strongly adver tised, that the security of deposits In member banks was absolutely guar anteed. That is exactly what the great ma jority of depositors believed. It is not necessary to hint at "false pre tenses" by saying that they were de liberately led to believe it. The fact stands that they did believe it, be cause there were no surface Indica tions to the contrary. Of course, if they had all consulted lawyers or had been able' to interpret the law for them selves, they would have discovered the truth that their deposits were se cured only to the extent of the amount slowly accumulating- and to be accumulated in the guaranty fund. The state's function was purely ad ministrative. The state pledged them nothing. Many of them didn't find this out in time to do them any good. Fault Not With Hanks. But so far as the swift withdrawal of member banks is concerned, no fault can bo found with them under the law, according to the opinion of lawyers who have given the matter much study. The law made member ship optional with the state banks . Under certain conditions they could join in the guaranty if they pleased. There was nothing compulsory about it. By conforming with certain re quirements and giving proper notice they could withdraw whenever they, saw fit to do so. Their wholesale' withdrawal has been In due form and, so far as can be known at this time, in exact accord with the law. And, in point of fact, this seemed to be the one thing that these banks really had to do. Optional, so far as the law was concerned, withdrawal was made compulsory to these banks as a matter of duty to themselves and their clientele, as an act of self preservation. It is supposed to be the primary and essential principle of banking that a bank's first obliga tions runs to its depositors. In the Interests of sound banking the banks owe some measure of mutual service to one another. A strong bank, or a group of strong banks, may properly come to the relief of a weaker sister that can be saved by timely aid. But no strong bank may be reasonably expected to sacrifice itself. Its assets and the money of its trusting deposit ors on a hopeless task of salvage. Failure of Finn Proved. Here is the picture that the officers and directors of the state banks have had before them: When the Scandinavian-American bank ot Seattle, once the biggest and most Important member of the guar anty fund, closed its doors June 30, 1921, its total deposits amounted, in round numbers, to 110.500,000. Of this amount $8,500,000, also in round num bers, were, tho-supposedly guaranteed deposits of individuals, separate busi ness and manufacturing concerns and the like. The remainder, approxi mately 2,000,000, were deposits of public funds to which no guaranty attached since they were covered by the surety bonds of the depositing public officials. At the time of this failure 114 other state banks, scattered among the cities and .towns of Washington, were members of the guarantyfund. The combined total of the capital and surplus of all these banks did not then and does not now exceed Jo.090,000. . At the time of this failure the total amount already contributed or set aside on the books of the member banks as belonging to the guaranty fund was about $400,000,000. - How, then, were these 114 member banks, whose .utmost pretense of SPOKANE ENTHUSIASTS FOR 6yMBVYl'ViHMLMUIIHW WBITH HI Mill CTSSMQgqiM-WMHmWpaMMl II I HI , MWBflWJJBJBJtPBlOtgajMHBJ S S , ' V, w. - '". a:, fi -' i 1 - '. . rJ !tV - v Jr - K' i Ui ' ' . x y 1 if- xf 1 A 1 W $ - - . i . - -- I LEFT TO RIGHT J. A. FORD, WILLIAM A. MONTEE, T. S. LAXE, R. financial resources did not extend beyond a total of $5,000,000, to deal with one member's loss of guaran teed deposits to the total of $8,500,000? i Problem Beyond Solution. The men of the 114 banks, It is now admitted, knew from the moment that they first realized the magnitude of the failure that the,.problem was be yond their several r combined solu tion. Nevertheless, they consentea to entertain and discuss a plan devised by the ingenous mind of Governor Louis F. Hart. This plan looked to the formation of a new bank in Se attle, the stock in which was to be taken. up or underwritten by all the member banks on some pro-rata scale. This new bank was to take over the remaining assets of the Scandinavian-American and the 'other member banks were to keep on pay ing into the guaranty fund aj usual. In the course of years, it was urged, the problem would work itself out automatically. But here stood a pertinent provision In the guaranty act itself; a provision In the light of which the task to which the governor had called the member banks was made to appear interminable. It follows: "Whenever the state bank examiner shall take charge of and proceed to wind up the affairs of any guaran teed bank, as provided by law, he shall as soon as possible Issue to each guaranteed depositor, upon proof of claim, a warrant, drawn upon and rayable out of the guaranty fund, for the amount of the depositor's claim, which warrant, if there be not suffi cient money in the guaranty fund to pay- the same, shall bear interest at the rate of 5 per cent per annum from date until called." .Withdrawals Begin Quickly. , Disregarding the inconsequential sum accumulated at the time , in the guaranty fund, it was a Bimple stunt in mental' mathematics for any bank er to arrive at the annual interest lead of $425,000 at 5 per cent on the $8,500,000 guaranteed deposits of the Scandinavian-American bank, for which warrants would have to issue. This calculation, coupled with the ob I Ills emeuiil L1UI1, uuupieu wu,i ljiq v m- . ligation to pay the regular 1 per cent per annum required by the law on his own deposits not for the pro tection of his own bank and other souhd banks, but to carry dead horse made every banker look askance at Governor Hart s proposals. No new bank was formed. The state supervisor of banking, which title, under the new administrative code, superseded that of state bank examiner, continued In charge of the affairs of the Scandinavian-American bank and will be on the job for a long time to come, with plenty to do. Withdrawals of member banks from the guaranty fund, begun immedi ately after the Scandinavian-American closed, became more frequent after the governor's conference had failed of a saving solution. Now the banks are all out and on January 3. the first business day of the new year, John P. Duke, state supervisor of banking, made the pub lic announcement that the much ad vertised, much-trusted and seriously abused Washington bank depositors' guaranty fund was a thing of the past. PORTLAND JOIN'S IN' SHOW Exhibits to Be Made at Seattle by Furniture Manufacturers. PUGET SOUND BUREAU, Seattle, Wash., Jan. 6. Portland. Tacoma and other northwestern manufacturing cities will join with Seattle in a big industrial show to be given in this city the last week of next July, ac cording to announcement made today by the northwest products committee of the Seattle chamber of commerce. Portland, it was said, has offered to forego itsr annual furniture week nd 82 Portland manufacturing concerns have agreed to participate in the larger exposition here.' Kighteen Tacoma concerns already are listed and members of the com mittee said that the work has scarcely begun. The northwest products com mittee, of which Paul T. Kennedy of this city is chairman, sponsored a suc cessful industrial show in Seattle last July, but at that time the exhibits were limited to local manufacturers. Since then efforts have oeen made quietly to broaden the scope of the show so as to cover all the northwest and the committee today announced that it was assured of general par ticipation. BOOTLEGGERS TO WORK County Establishes Rockpile and Days of Ease Are Over. GOLDENDALE, Wash., Jan. . (Special.) Five moonshiners and bootleggers" now serving out fines and sentences in the Klickitat county Jail who have been toasting their shins over a warm fire at the expense of the taxpayers and receiving two good meals a day carried to them 'rom a nearby hotel, will have to go out into the cold and wield sledge hammers on an old-fashioned rock, pile. This is the order made today hy the county commissioners upon the request of Prosecuting Attorney Ramsey. A work camp will be established at once in a county rock quarry on the state road to Maryhlll, four miles south of Goldendale. Extreme winter weather now prevailing in the Klicki tat Galley will not permit of the operation of a rock crusher, but tools will be provided so that big rocks can be made into little ones by the old fashioned method. Read The Oregonian classified ads. COLUMBIA BASIN PROJECT, VISITORS IN PORTLAND YESTERDAY. PHILLIPS, V. T, DAY AND ARTHl'R D. RESOLUTrOX IS ADOPTED CIXB FEDERATION'. BY Consular. Tndersecretaryshlps for Sex Indorsed Congress Is Asked to Probe Movies. CHICAGO, Jan. 6.-Consular under Bffcretaryships for women were ln- I dorsed by the board of the General Federation of Women s Clubs at tne close of a three-day conference here today. The board took the action after arguments had been advanced that peace will be made more proba ble withwomen in diplomatic posi tions. - Other resolutions adopted today asked congress to investigate the po litical activities of the motion pic ture industry, indorsed the four power treaty, asked newspapers to give less space to reports of crime, indorsed the establishment pf a ra tional cemetery at Yorktown and the construction of a . fireproof hall of records in Washington for the preser. vation of national documents, the lat ter two resolutions being passed at the request of the Daughters of the American Revolution. The committee on international re lationships was empowered to sup port an international Memorial day on May 30 to be observed the world over.. The board sent greetings to the women of Japan and invited them to send a delegation to the biennial con vention at Lake Chautauqua, N. Y in June. Support was voted to the Rus sian relief administration and to the friends service committee after a let ter from Herbert H4Pver, secretary of commerce, had been read. Liquor Cache Is Found. GOLDENDALB, Wash., (Special.) A liquor cache Jan. 6. was uncov ered in the Simcoe mountains near the Reed mountain farm in the Mun son prairie section, about 16 miles east of Goldendale, today when George Reed, who, with his brother Silver Reed, is serving a jail sentence in the Klickitat county Jail on a moonshine charge, piloted Sheriff Warner - to the place where the brothers had the manufactured product hidden. About ten gallons of liquor, said bv Reed to be double run product, wereund. Montesiwio to Clean Up. MON'TESANO. Wash., Jan. 6. (Spe cial.) Montesano will make a bid for a lower insurance rate by giving the city a thorough clean-up. A visit from the inspector of fire hazards is expected soon and Mayor Wilson is determined that he shall find a spot less town. Especial attention will be paid to alleys and basements of down town buildings. All dilapidated frame buildings not in use that front on alleys will be torn down. The work will be under the direction of Fire chief Healy. Ilolsteln Breeders to Meet. CHEHALIS. Wash.. Jan. . (Spe cial.) Next' Wednesday jas been fixed as the day for the annual meet ing of the Lewis County Holstein Friesian association. The meeting will be. held in the Citizens' club rooms. State Secretary Bouchart will be in attendance. Election .of offi cers and other matters, including se lectiort of two delegates to the March meeting of the state organization,, will be transacted. Electric Service to Be Extended. ILWACO. Wash., Jan. . (Special.) Arrangements for pole9 and other material have been completed by the Ilwaco Light & Power company for extending its electric lines through to Ocean Park and Nahcotta. A branch service line will be extended to the head of the bay, and will serve the homes on that road. The line will branch off from the main lines near Long Beach. Construction work will commence in about ten days. Tacoma to Go Further Into Plans. TACOMA, Wash., Jan. 6. At a meet ing here last night it was decided after Spokane men had presented the Columbia basin project claims 4o hold a general gathering of Tacoma Civic club members here next Wednesday to go further into plans for aiding the financing of a survey by General Goethals. The Spokane delegation left for Portland last night. . , Farmers AVill Have Luncheon. CHEHALIS, Wash.. Jan. 6. (Spe cial.) Tomorrow noon there will be a get-together luncheon at the Hotel St. Helens by the Lewis county farm bureau. State President Armstrong of Yakima will be in attendance. He Is also to deliver two other addresses while in Lewis county. State Services to Be Held. t KELSO, Wash., Jan. . (Special.) The Kelso Methodist church will hare the third In its series of state services next Sunday evening when Texas and Louisiana nights will be observed. A special speaker will take part in the programme. I Legion Post Installs Officers. , KELSO. WashJan. 6. (Special.) Guv Rathbun nost Amerlrnn I.u. of this city, Installed officers for th R. OILL, N. W. DURHAM, GEORGE JL. JOaES. Ensuing year at its meeting in the city auditorium last evening. The new officers are: Commander, Elden Dunham; vice-commander. Dr. A. N. Pearson; adjutant, Walter Bacon; finance officer, Archie Carroll; his torian, Fnank W'ilkinson; sergeant-at-arms, HerBert Carroll; chaplain. Ford Lord. HIGHWAY BIDS SOLICITED Considerable Road Work Planned in Grays Harbor County. ABERDEEN, Wash., Jan. 6. (Spe cial.) Road bids covering more than 16 miles, and for a number of bridges, were called for by the county com missioners, at thalr session today Most of the bids will be opened Feb ruary 6, but a few will not be opened until February 20. The projects include six miles of gravel highway between Markharn and Westport; a half-mile of plank roadway from 'Westport to Ocean "beach; five and a half miles of gravel road from Porter to Oakvllle; four miles of gravel road from Westport tuward Pacific; a 60-foot bridge ovet Chenoise creek at Tulips; a 60-foot bridge at Malone on the Elma-Oak-ville road; a trestle bridge to gravel bunkers, 80 feet long; a bridge on Stilson road, 50 feet, and a bridge on Heise road, 50 feet. AUTO CAMP. SITE BOUGHT Iloqulam Pays $3500 for Triangu lar Tract of Land. HOQtTIAM, Wash., Jan. 6. (Spe cial.) With Charles Hill, commission er of finance absent. Commissioners Jacka and Young passed a resolution authorizing the purchase of the Ralph H. Emerson triangular tract of land at Fifth. Emerson and Lincoln streets, for an automobile tourist camp. The sum paid was $3500. Last year Mr. Emerson donated the use of the tract and the city Installed many conven iences. It was patronized by 1700 ma chines during the three months it was open. Frank H. Lamb" appeared before the commissioners to urge the purchase. La Center Installs Council. RIDGEFIELD. Wash.. Jan. 6. (Spe cial.) The 1922 council at La'Center, near this .place, was seated Tuesday night at the regular meeting. Thomas Headley Jr.. town clerk, administered the oath of office which was followed by the routine of business. The town council is composed of S. Fanning, mayor, two-year term; F. L. Bacon, T. W. Flnnegan, E. J. Hawkins, coun cilmen, two-year term; C. E. Rhodes, councilman, one-year term; C. A. But ton, treasurer, oneTyear term. Coun cilman I. H. Shaner retains his office for another year.-. Mayor Fanning re appointed Charles Knapp, marshal; H. E. Basshem. police judge, and Thomas Headley Jr., town clerk. Walla Walla Club for Paving. WALLA WALLA, Wash.. Jan. 6. (Special.) The Walla Walla Ad club at its regular meeting last night unanimously indorsed the proposition to bond the county for $125,000 to complete the paving of the state high way from near Dixie to the Columbia county line. Tagless Cars Target. WALLA WALLA, Wash., Jan. 6 (Special.) County officials, Sunday, will commence arresting automobile drivers who still are using 1921 licenses. Sheriff Springer announced today. A penalty of $7 will be levied on offenders. . , Kelso Has Acting Mayor. KELSO, Wash., Jan., 6. (Special.) E. A- Knight, councilman-at-large, is actlifg mayor in the absence of Mayor McLane, who is in California on busi ness matters. Mayor McLane expects to be back in Kelso in the near future. "Southport Coal is better EDLEF SEN'S." Adv. CHY BUS ON BABY'S ARMS And Back. Burned So Could Not Sleep. Cuticura Heals. "When my baby was two weeks old he began breaking out with blis ters. Later the blisters scaled over and itched and burned so that he could not sleep day or night, and cried almost continually. O'jfivV Mis arms ana Dacic were f affected. His clothing seemed to aggravate the eruptions. " The trouble lasted two months. I began using Cuticura Soap and Ointment and after using one cake of Soap and one box of Ointment he was healed." (Signed) Mrs. M. W. Quarles, Laingsburg, Mich. Cuticura Soap, Ointment and Tal cum are ideal for every -day toilet uses. lufblHtrrHVfKilL A4drm:"Oitlembk rairiw, (KpL H, Utldu ta, Mua." Soid mry hT9. Sop2b. Omtnent26and60e. Taieomifte. kjrCaticara Sap thaTM witkovt mac. ERS :E ASKS ItEIiP FOIl COLUMBIA BASIN PROJECT REQUESTED. Inland Empire Business Men Say Products of Reclaimed Land Would Come Here. (Continued From Flrat Page.) of N. W. Durham, managing editor of 'the Spokesman-Reviov, who, de clared that development of the proj ect would add a population of 1,000, OdO to the Inland Empire with 2,000, 000 acres under water. In 40-acre tracts, he pointed out, with five peo ple to each small farm, the project would support a population of 260,000 on the soli,- and double that number on 20-acretracts. which would be an ultimate development. The growth of towns and industries, ie predicted, would equal the rural population. "It Is not the smaller projects that are menaced today," he said. "These will be taken care of. But we are adding to our national population at the rate of 1.500.000 a year. Where are lands to be provided? Very largely In these arid domains, that must be reclaimed or the nation will suffer. Water Shortage Feared. "There Is going to be a demand on these waters. We cannot hold them forever. If we cannot be assured teat this project will be made a fed eral project and a continuing project, we can have no basis to hold them. And if they are diverted to other uses this huge tract will remain in per petual desert. "I tell you that $200,000,000 a year will be lost. What a crime it would have been if the Yakima valley had been kept in desert! Now multiply that by six, for this project is equal to six Yakima valleys." J. A. Ford, managing secretary of the Spokane chamber . of commerce, Il2212?Sti&i:'-'ti " "r-.1. -j? t ' ""' " mmmnvm u w I'i'iiw. !! iiij.iij.HHi mm .. ..u... .- M i m i mTT ''J?a-IM11'11 wxnw.-ur'- hi. ....ui i. i -- - . '- .- :i Special Return Engagement hy Until you have seen Dick Bar thelmess on the ice noe. in this picture you will not believe such a thrill possible! ' - '''A lf- - ' - if: . ;.. ,; , . s 'jtZ .:" - - ."""...'. '. ' i - - : - "' . . - - - A"'1 - " i - - ' ' ' i . ' ( -: ' ' : -..::-,. ': " ' ' ."'.;( .. ':-'. " '- , . '. - .1.,! i . ' ' " - ... ' , -." ... .... :? : !, and 3J5c I RHIT7 aod he colet 1 Ov ujj ILPHfl. fi-a Popular Orchestra i- Shows tvery iwo Mours rrom 11 a. m. i ' i j made a final plea for co-operation on , the part of Portland, and requested that the local chamber name a stand ing commute on the Columbia basin project to confer and serve with sim ilar committees in Spokane, Seattle and Tacoma.- - Help la Promised. President Van Duser. for the Port land chamber, assured the Spokane delegation that their requests would at once be referred to the agricul tural committee for recommendation, and assured them that Portland's In terest in the Columbia basin project is keen. The delegation was welcomed on arrival by Mr. Hetherton. executive secretary of the Portland chamber; E. N. Weinbaum, manager of the trade and commerce department, and E. E. Faville. chairman of the agri cultural committee. Its members were George A. Phillips, A. C. Loomls, M. M. Htgley, N. W. Durham. ,IL R. Gill, Charles- Hebberd, Arthur D. Jones, W. T. Day, W. S. Gilbert. Will iam A. Monter.e, TS. Lane and J. A. Ford. Driver Escapes 20-Foot Plunge. ABERDEEN, Wash., Jan. 6. (Spe cial.) Ellis Loomis, crashing through the Balch bridge, which crosses the Chehalis river near Oakvllle, and plunging in his rural delivery car 20 feet to the ground below, escaped with only slight scratches yesterday afternoon. Loomis was returning from his route on Garrard creek, when his car skidded, crashed through the bridge railing and landed bottom up, with the engine still run ning. Loomis was able to crawl out and made his way on foot to the Balch Mercantile company's store. The top of the car was demolished. Postmaster Must Go to "School." CENTRALIA, Wash., Jan. 6. (Spe cial.) E. L. Hughes. Napavine's new ly appointed postmaster, received word this week from the postal de partment that he will be expected to take a course In "postmastering" before assuming his duties. The "school" will be held in Seattle. - 1 v' lL"" w v wmnpyiM 1 1 ll fr i, ' li"P nmn 'if i )ini - 'jj " - . '':' . ' i ' " - ;. ... .'., J ( f .-. " - v ii limn. i . . - ' jmi, ,M ,, t, ma - J II V .AST lJ .s J f A'3.'X:W Oi " atiiw- '""'i' . i mmi iit.-t AUTO SEARCH IS BURRED KtXIXG MADE OX AGEXTS IIUXTIXG FOR LIQVOK. Action of Washington Supreme Court Is Declared to Bo Boot loggers' Victory. PUGET SOUND BUREAU, Seattle, Wash., Jan. 6. The supreme court of Washington has held that concealed liquor is Immune from seizure for evidence except on a search warrant, and Prosecuting Attorney Douglas of King county today declared that this is not a victory for bootleggers. The decision, signed by five of the su preme" court Justices, reversed the conviction of Fred Gibbon of Ritzville. who was picked up on suspicion by the sheriff of Adams county and tak en in his automobile to the court house. There the automobile was searched, a suitcase full of liquor was found, after which Gibbon was served with a search warrant, put under ar rest, tried and convicted. Prosecutor Douglas said today: "Under this decision booze runners who conceal their illicit cargo' in an automobile in such a way that it is not visible, cannot lawfully be stopped and searched without a search warrant and inasmuch as the state la makes no rovision for a search warrant for an automobile but only for premises, concealed liquor in an automobile is im mune. Even if it were legal to get a search warrant for an automobile, the car at which the warrant Is di rected could be in the next county be fore the warrant could be served." Any Joy among the bootleggers, however, is likely to be short-lived when they learn that the decision will not have the slightest effect upon the activities of federal prohibition agents. Moreover, by decision of th United States supremo court. it makes no difference to the federal T tof V: t.A.V 3 agents how the evidence Is praoured so long as they are not dlrectiy im plicated in procuring it by means contrary to law. Sheriffs and their deputies or any other peace officers may continue to verify or allay their suspicions and if they can get the evidence into the hands off edtral agents the same ends w-ill be achieved. PINCH0T ASKS PROTEST Removal of Forest Control From Department of Agriculture Scored. GOLDENDALHl Wash.. Jan. 6 (Special.) With the contention that the department of agriculture is the proper place for the control and su pervision of national forests, Gifford Pinohot Tlas written the Goldendnlo Commercial club asking that a formal protest bo made by the club in the form of a resolution against action now pending at Washington, I). C. by which It Is proposed to take th con trol of national forests out of the hands of the department of agricul ture and place them under the super vision of the secretary of the lnterlnr. Mr. Pinchot has also requested that the club adopt a resolution of protest against removal of the bureau ot marketing from the control of the de partment of agriculture and that It be placed In the hands of the depart ment of commerce. He states that, in his opinion, the department of agri culture is the proper place to handle problems affecting marketing of farm produce. , Lutheran Brotherhood Organized. CHEHALIS, Wash.. Jan. 6. (Spe cial.) Members of the Lutheran church organization have organized the Lutheran brotherhood, with Au gust Jaeger, president; Arthur Wede mann, vice-president; K. C. Jaeger, secretary, and X.ouls Witte, treasurer. The organization plans an active pro mmitie for the winter season. Monthly meetings will be held. At I the end of each quarter a dinner will be given. Demand! 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