onin umTiniQ
- nTii i niinniMo YwOPgv&inf ss&sgssa&s w&t$z&ys irfMiissaiii wmi
si II i nimsiiiiL c?M!&4Tcf - : i. g&: rs x tt-" k it
7ri rVt nK'v 4frft--' if. if is mills Af: Vr t h
Wirkmenseetf Bodies -of trl.'s . 9fX4.: fffl' fev Z&W-M
Those Killed ill Dust Ex- V tC" )& l! '4'! flK t-'5yfcgi
- Hv Tha AJioelitcd rrMtt
PEKIN", m.. 4n. 4. Crawling !
bands and
knees, workmen V,c I hf' "V" I ff x 'V H, TTT f ! , " " -"V 1'
CQntlnued a careful search for thr
bodies of 20 or more of the ill
fated "employee of toe Corn Prod
. uctc company here late today.
While the only official state
,. mint was that only two bod iff
hftTf been , recovered, workmer
laixea- among memseives 01 it
others taken from the ruins ddr
Ing last. sight,
Grief-stricken women made in
qulry while daylight . lasted anf
were told that , two -weeks' i pa?
' would be siren them tomorrow.
Keflef for all families that axti
v .ncfcdyi'-jraa planned today by th .?
V. St was found'on Investigation tha
nearly all of the victims of tt
, dust explosion, were thrifty AmerV
cans- who had neat sums laid b
and homes secured. - probably k t' -
guard against such an emergency
"a this. ". i; ; . '!
'P.m. funeral services were ar ;
range for tomorrow. When the
body of Lee Harding will be borne
to the crave.
The coroner's Inquiry will also
start tomorrow and possibly thre?
other Inquiries. Superintendent
D. B. Lawton said he would call
.witnesses of the disaster into his
effiee and attempt to get a dis
tinct Idea of the explosion.
Federal Investigation! will start
late tomorrow with the arrival of
Bj J.- Price from the division of
chemistry; at Washington, D. C.
.The third Investigation is being
conducted toy, the state.
JJitter cold and. the danger that
a tour-story cupolar still over
hanging the ruins might! topple
down, late today made arduous the
work of searchers. - ',v t .
Spokane Conference Voted
:jlo Determine Upon One n
Three Used, ,
"SPOKANE, Jan. 4. Determlna
tirn.' of one route for the national
park hrgiiway- r from Chicago j to
the Pacific coast was recommend
e' by the annuaj dlrisiona! con
r .ference here today..,-There are at
present threa optional, routes
be
. tween Spokane and .Montana
V, belief was expressed by dblf-
to th(, meeting that this
tlon would mean the. adoption
9
the route through Llbby and, Kill
pell inasmuch as.lt lies closest tp
OFaiirr. park.' "The othrr tvp
optional routes ' are by "way tf
Thompson Falls and Rayalll, Moa-
tanj.Und by way of Wallace ar.
Toeur DAlene. Idaho.
'P.. N. Bernard of Kallspell'snii
John A. Cillatly , of- Wenatche
we're named memb-rs of the , na
ti'wt exeentlTe eommittee . front
Montana' and Washington, respecf
tiYily,,'-y
.;The Oregon and Idaho memf
tr ivUl b namfd later, j
JC&tabllJiment' of an informa
1 1' i bnreau for . tourists f at M in
uujpol's and another in-MonJanH
rcoliabl at MUca City or at ai
jo., was" recommendtHL A bdgWl
of Ior,192l work was ap
proved. .Other recommendationif
were" th : publication" of a 1 1
motor' guUle,' publlc-atlon. and
tributloa of , atrip maps, puMich
tion of a rncnthly bulletin on road
cndltlona and ether variable in
.fofiaatlon 5 and , rooperation witli
other agents', in iiiarkins 'roadi
auxin designation of features lot
ttponlal In wrest to tho touriat
VJj'orifaurn' Thrift Committee
Holds -Preparatory Meeting
-j. j.
VOblntil.V. Jjin. 4.4-.S.PCi:i
to' Oio Statesman -Itu- thrift
l k cpmnutu-f cu t this ev nin
to' m-ik? general plans. : .'-.Kuwiif
Courtney is chairman and W. Fj
Norman Fecretarr. Other m?ra
bir of XhiX rom'mtltV aro ' John
1' ,Hunt, publicity chairman: ! A;
.13: Austin, Window display; F. B
Fagan, ; school t ssays and .fourj
minute men;, Mm. P; A- Parr. .Rev
ni W.j Archer and 1.. A. Beckmani
. essay prises. , ,-t. ' ' : ' ",
The .program committee is corrf
posed of Mr. Courtney. Mr. Nor;-
ruaii and Mr. Fagan. -
r.hemawa Basketball
; -' .Season Opens Tonight
-Chemawa will officially open its
basketball; season at the Indian
school gymnasium ' tonight when
it meets the Portland YMCA quin
tet, A game with Albany college
as been scheduled tor this date,
o: te played; at Albany, but wasi
a wJledfoff when the hall could not
bV' obtainei.v The kame with the
tortinl team was arranged as a
Bubatiiatev 'i Chemawa has - six
rames lined up for the next 30
dys, with other proposed, games
tai'coMi&i
te!"
Mil
HE
As 1923 hastens In the flight
of time tnto the purple veiled
past It leaves behind It a host
of pleasant memories jUport' :
, " -
remainder of the month are
Jan. ' 9.Cbemawa? ts.
Deaf
school at Chemawa.
Jan. 16. caesaaVa ts. Salem
high school at Chemawa.
Jan, 19. Chemawa ts. Silver-
ton high at Silverton.
Jan. 25. Chemawa ts. Deaf
school at Salem.
Jan. 30. Chemawa ts. Salem
high at Salem.
Feb.' 2. Chemawa ts. - Albany
college at Chemawa.
Willamette starts Us season
Tuesday night when it mixes with
;he University of Oregon quintet
here.- White and - Steincipher are
holding down the forward posi
tions at present; with Patton and
Hartley as guards. 'Logan Is cen
ter.' In a . recent practice game
with the Monmouth Normal' quln
tct. a huge score was piled up, and
tliough no actmalonnt"Of points
was made, it was in excess of 60.
Harold Dollar Laden Wjth
; Lumber Sends Out Dis
'l " tress Signals
SAN FRANCISCO, - Jan. 4.
The plight of the steamer Harold
Dollar, lumber laden from Astoria
to Yokohama, and the Japanese
freighter ; Kyosel Maru, bound
from VancouTer to Kobe, which
sent out distress calls from mid-
Pacific ocean last night and today
was unknown here- tonight; .7
The licar impress of Russia
was reported today as-.- going to
the aid of the . Kyosei; Maru. The
Japanese boat messaged to the Se
kttle harbor master that she was
In ;a slnkln? condition,: leaking
badly w-ith a broken rudder chain
The - Harold; Dollar, whose
sttlon was reported as 2612 niil?
west of Portland, "relayed a mos-
sago through the steamer Presi
dent Cleveland, said the. vessel was
hciplcs3 with a broken steering
SaleL School Cudget .
Is Approved By Board
Tin budget' fur SHm kHiooI
diWri-t was . approved by the
school. hodrJ Tajr nfcht as it wal
adopted li a romniitif e of citi
zens 8fvcr:il week s go. ' The
board ad.Jt-! tb p. $1,000 wh:cb was
VUl vl (.III. LfUlh?l VJ I. El lua t
mission whos' powers have bfni
dotted toM by . .1 Uion of the.
KiHr..ni, ro'nrt. v
W. C. Kr.lhton. architect for !
WE OFSIEM
ii-ia junior high f-chool. wa t Pac ana gave ratner j&eenan a
prVpont- Ht the board mee'ins lastulck slaP on the aboulder. "He
night and submitted prel'minary nas hd the Christian viewpoint
r.lan and n few hances were sug- tIl the way through. Gentlemen,
gtsted hy the rird. sir. Kntgnt
on will be at the next meeting
with revised plans for submission
to the board. .
i : -:
Washington Governor " 7
; . Honors" Requisition
" Jf J it " --r;v
OLYMPIA, ; Jan. ; 4. Governor
Louis, F. Hart today honored the
requisition of Governor, Richard
son nf Cslifornia ;for the return
of f U Main, wanted In Los An -
I geJescounty, CaL, for violation of
the corporate securities act. Main
is. he'd in custody la Seattle on
' a local charge, but will be releas-
OUTSTANDING CHAMPIONS OF THE 1923 SEASON IN SPORTS.
lng thrills. In boxing Jack
Dempsey dominates the heavy
weights. Gene Sarazen held on
to bis golflnj? cha moonship.
Sacked Canadian Whiskey
brings About Interna
" tional Controversy
SAN FRANCISCO. Jan. 4.
The wrecked steam schooner
Freedom, ashore on the deserted
coast near Pascadero, south of San
Francisco, on which prohibition
agents found a cargo of whiskey
yesterday today became an object
of international interest, when 50
fsacks of tested Canadian bonded
whiskey were found by prohibi
tion agents, burled in the sand
dunes near the wreck.
Captain Robert Morrison and
four members of the crew disap
peared yesterday after they were
taken from the wreck by coast
guards prior to the arrival of the
federal prohibition agents. The
captain and crew could not be lo
cated today.
Prohibition Director S. F. Rut
ter today telegraphed to prohibi
tion officers at Seattle telling of
the wreck and liquor and asked
that Canadian authorities be no
tified.
The liquor bore the official
stamp of the Canadian govern
ment, Rutter said and. appeared
under government test today to
be. unadulterated. Dry agents at
the scene of the wreck reported to
Rutter that the log of the ship
had been fdestroyed. The liquor
except one sack was destroyed to
day. Fire Drives New York
Newspaper Workers Out
NEW YORK, Jan. 4. Flames,
starting from a short circuit in the
press room of the New York World
In the basoment of the Pulitz. r
building, tonight shot up an ele
vator shaft to the top of the 14-
1 story building, engendering d?ne
smoke . which forced a general
evacuation of the editorial and
composing room3 in the upper
stories.
'"Working under the difficulty of
having to draw lines of hose up
stair cases, firemen controlled the
fire in an hour and employes of
the newspaper returned to ther
work. Three of the 14 presses in
the basement were damaged.
It was announced, nowever, that
t h A A a.TYl s fra vnnM nnf: IntArfora
jwith publication of the paper.
GEORGE PARKER PAYS
PENALTY ON GIBBET
(Continued from page 1 )
if any of you feel unkindly to
ward me I forgive every one of
you." This he said with a gesture
that included all those present.
"I am ready to go," be said.
Parker took a step or two for
ward, but was called back by
Deputy Warden J. W. Llllie, who
: then proceeded to strap the con
demned man.
The group silently and quickly
passed from the room to that ad
joining room which contained the
gallows, and pronped theme1v
ii abound' the wall or sat upon one
of the tables in the room.
Parker, accompanied by Father
Rubis of Woodburn and Warden
JDalrymple entered and; rapidly
BECOMES IUED
Bobby Jones of Atlanta and
Harvard scored in the open
championship at In wood. Miss
Edith Cummings won the wom
the trap door. He swayed lightly
as the black hood was placed over
his head and the noose around
his neck. The hangman gave the
signal, the trap was released and
Parker was jerked into eternity,
just 15 seconds after he had
crossed the threshold of the room.
Dr. R. L. Edwards, prison physic
ian, and Dr. E. H. Hobson, Salem,
pronounced him dead 13 minutes
later. The execution was one of
the best planned and most quickly
carried out of all ever held at the
penitentiary. As did Dan Casey,
Parker urged that there be no de
lay after leaving his cell.
The room in which Parker had
spent the months prior to his
death was, the one he had shared
jointly with Casey. It contained
a stove, table, two bunks and a
few chairs. A bowl of fruit was
neatly arranged upon the table, as
were a few books and magazines.
He had put his house in order be
fore leaving.
After the execution a note and
cigar were found.
"With compliments to Mr. Dal-
dyraple, fr0m Parker. Smoke on
a good man." the note read.
One of the last requests made
by Parker was that Jay T. Poage
who was employed as death watch
and had been a constant compan
ion of Parker for the last three
weeks, be given permanent em
ployment. Owing to the number
of guards at the prison being kept
at a minimum, there was none
extra for this vwork. The guard
was off duty at night while Parker
was locked in a cell on "murder
er's row."
Albany men who were presort
for the execution were J. E. Lil
lard and R. L. Chandler, deputy
sheriffs; Kenneth Bloom, state
traffic officer: Wallace Eakin. Al
bany Democrat; Eugene and Er
nest ITornbach. and Clifford Har
old. The remainder of the group
consisted of local newspapermen
and a few special witnesses.
George Parker, alias George
Gllmore. killed Sheriff W. J. Dun
lap of Linn county on Sunday
May 20. 1923, while resit!ne ar
rest just outside the city limits of
Albany. With Parker was RnMe
Johnson of Centralia, Wash. Poth
were arrested for the theft of at
automobile taken from Junction
City. Parker shot Sheriff DnnWp
afterward claiming the officer hi i
shot first. Thr two men leipec!
from the automobile but were
captured by Officer Lillarci after
neveral shots had been erchane'vl
Sheriff Dnnlaji died a short time
later at a hospital.
Both Parker and Johnsnn v rr
indicted for murder in th fir?r
degree, later escaping fom the
county Jail. Parker beiur reptnr
e1. whPe .tohnrnn escaped and Kip
nrvr b"en ro.cn Parkr-r wr
fo'ir.d' cnil'v as rhired in the In !
dictment on July 19. and w;f
'ntenced to be han?ed Anirt SI
He "wa reprieved by Governon
Pierce thf ripht before the dit"
set for his executlpn when a no
tice of appeal to the supreme cour
was filed. The reprieve expired
December 7, the extension to Jan
uary 4 being 'granted early in
December in order that he mijrht
be given an opportunity to pa
feet the appeal. Chief Justice Mr
Bride and Judge Percy R. Kelly
of the Linn county circuit conrt,
refused to sien a writ of probable
cause, and. the appeal was not per
fected. ; '
Parker was 36 years old and is
said to have been born in Evans
vine. Ind.. May 1. 1888. . Tbongb
his parent were Mcfboll?ts ,ParV
prt embraced the Catholic faith
shortly before his execution,, ap
parently finding strength in th
religion that enabled him to bear
ton, thrbugb.the ordeaL; C
en's intercollegiate golf cham
pionship. William T. Tilden
again dominated the, singles
field, Zer shattered ail money
If 1
10
Work of Carter and His Help
ers Is Being Rewarded
Rare Finds
LUXOR. Egypt, Jan. 4. (By
the Associated Press) With the
discovery of the colossal sarcopha
gus of Tutenkhamun Inclosed in s
nest of four wondrous shrines, the
question whether the' mortal re
mains of the pharaoh lie in this
mortuary chapel , has been decid-
jed. The sarcophagus has remain
ed Intact through 30 centuries,
unviolated by the sacrlligious
hands of tomb robbers. ,.
Yesterday was one of the great
moments in Egyptology, bringing
fruit" to so much toil, reward for
so much disappointment,' and
crowning a long and great effort
Here was definite confirmation
that for the first time in history
the unviolated sepulchre of a klnf
of ancient Egypt had been discov
ered. Here, inra coffin of graver
stone, of workmanship rivallinp
the greatest masterpieces, un
doubtedly must lie enclosed in
magnificently, decorated mumm
cases, the body of the king as th
priests laid him to rest more than
3,000 ;ears ago.
In the valley of the tombs of
kings, hopes were high today tha;
when the sarcophagus and iti
mummy cases are opened the roy
al mummy will be disclosed sur
rounded by the full panoply o
the king's royal and sacred office
Owing to the vast dimensions o.
the ouler canopy which quit,
dwarfed the proportions of the se
pulchral chamber, the excavator's
came upon the sarcophagus witl
some surprise. It was enclose
In the fourth of a nest Of fou
shrines, an arrangement different
irom 'any.hing discovered. Al
the shrines are, profusely gllde'l
and the fourth, like the preceding
ories, is abundantly decorated witl
cartouches and the figure jOf tin
Wag-
'Oing to the size of the Bar
cophaguj.and the cramped dimen
sions o the mortuary chamber, i
probably will 1 e some time befoif
the I d cin be raised to exam
ine the contents, especially as a
preln;i:uji y to tins will be tbe io
movLl ot the io f3 of the 'second,
third and fuurth shrmes.
U artes Lands in Trouble
When L. L. Wanes appeared in
justke court Friday and was fill
ed $15 for Bp?eding his troubles
only began, for he is fac ng a Eec-
ond charge, that of operating i
motor vehicle for litre without a
public service commission certifi
cate. I'e v a3 arrested" by Percy
M. Varney, state traffic officer.
HOLLYWOOD STAR
APPEALS TO PUBLIC
, (Continued irom page 1) .
just as : any other three "might do
when Joseph came in and started
shooting
"Because he fired those shots,
it seems that every censor In the
country wants to ban my pictures
Because this man whom I had
every reason to believe was just
an ordinary chauffeur he came
highly recommended' by the auto
mobile company and others for
whom he had worked--because
this man I say. went out. of his
head, I have to pay the penalty.
Asks for Justice 4
v.: Weai.to we. sew juwee .
"I appeal to the sense of Justice
a s
n
4'
winning records. Miller Hu?
gins brought the Yankees 10
the top Tad Jones, couch,
leads Eastern football tearfiv
and fair play of the American
people. All I ask is the chance
to show that I am Jnnocent of
any wrong doing.
"It may be asked why I re
tained Mr. Cohen as my lawyer.
It may be said that if I have told
the truth I do not need an at
torney. I have asked Mr. Cohen
'.o represent me because it seems
that everybody In the world wants
to see me, wants rile to tell the
Story over and over again news
papermen, detectives, officials and
nerely curious persons. I am sick
In bed and cannot see them my
self. "Mr. Greer will be given a pre
liminary hearing shortly, I un
derstand, and, if I am able to ap
pear in court at that time, I shall
do, so. And until such time as
the truth comes out in court, I
ask not only the censor boards.
but also the public to withhold
their judgment of me. ,
Greer Without Bail
"The law presumes everybody
innocent until provertguilty. Why
should . I not have the benefit ot
that presumption?"
If the police theory that Greer
suffered from a "hero complex"
is correct, the chauffeur gleaned
io hero's consolation from today's
developments in the case. When
'iq appeared in justice court for
arraignment, he was without coun
;el and when his bail was fixed at
$10,000 no one volunteered to pro
vide it, and tonight he still was
'n the county jail.
ALTERING TAX BILL
OPPOSED BY PRESIDENT
(Continued from page 1)
normal and surtax rates prevail
ing within the two year period
The committee pressed forward
under Its agreement to consider
)dmiml8trative features to deter
mine) whether a bonus bill should
oe passed and finally' to ' act on
proposed changes in tax rates.
The Republican steering, com
nlttee of the house, however, in
liscussing the legislative program
.oday seemed inclined to postpone
x showdown on the bonus, and
eaders got into touch with Re
publican former service men who
ire demanding a party conference
iext" Thursday on the question
'ith a view to having them alte
heir plans.
. . Postponement Favored
Representative Longworth, the
Republican leader, declared he
avored postponement of. the con
ference until the ways and means,
ommittee. "had ample opportun
ty'Vto act on the tax bill, includ
ng', provisions proposing changes
n rates. He expressed confidence
hat those in favor of calling the
Republican conference would be
inclined to give the committee a
L'haace to pass on the provis'ons of
the till without forcing a report
of bonus legislation.
Representatives who have been
circulating petitions for the con
Terences among them Representat
ives Johnson, South Dakota, and
Fitzgerald, Ohio, said that they
had more than enough names to
nsure the calling of a conference
The petitions, they said, had not
been filed, however, and it might
be decided to- give the ways and
means committee, a "reasonable
snuoq b uoddj oj qafu. uj emu
Dm., a numoer or Republican
house members who are war vet
erans, they declared, are determ
ined, however, that a conference
shall be held for the threslilng out
of the bonus legislation: -Thore
ia charge of the circulation of con
ference petitions said1 they prob
ablywould not decide until the
first! of the week whether they
should press their demand for the
meeunf i
meeting.
-rarr-rii Att'C TDCAT .1
STATESMAN S GKtAI
: CONTEST jiCAH tNL
(Continued from page 1)
bilei contest is a splendid diamond
ring purchased at Hart man Bro
thers valued at $75 not $150 as
stated in yesterday morning's pa
per J It was an error.
This beautiful diamond ring is
on display at Hartman Brothers
Jewelry store in their window and
it can be seen at any time. I wish
you could drop In and see it. It
is q be awarded to the contestant
who finish third in the great au
tomobile contest This magnifi
ceni ring has a blue white perfect
stone and has an 18 karat gold
mounting.
Closing rules of the contest; ,
1. The contest 'will close at
11:30 p. m. Saturday evening,
January 5. The closing hour
will not be extended even one min
ute' after 11:30 p. m. under any
circumstances. '
V No money will be accepted
ander any clrcumstances.yTinless
accompanied by subscriptions to
The Statesman of such length as
oouforcis to the rules of the con
test. 3. Be sure that you have all
your reserve votes In the ballot
box by 11:30 p. m. Saturday
night.
4. The last count to be made
by the Contest Editor will be made
Friday night, and the result pub
lished in the Statesman on Sat
urday morning. The ballot box
will then be locked and sealed.
nd the keys delivered to the
halrman of the judicial comxnlt-
ee. The judges win oreaa me
seal as soon after 11:30 as possi
ble and proceed to count all votes
found in the ballot box, and add
the result of their count to the
total vote list as published in The
Statesman on Saturday. The ro-
ult of each count will be the bas-
s on which they will award the
prizes.
5. If there ts any error Ir our
mind in the count as appears in
the paper, you must notify the
Contest Editor of such error, not
later than Saturday noon. January
5, the closing day. Failure to 'so
notify the Contest Editor will be
considered absolute acknowledge
ment that the count made by the
Contest Editor is correct.
6. Do not trust to the mails
the last day to bring your ..reserve
votes or any late subscriptions.
HOW THE NATION IS PROTECTED
FROM SERIOUS DISASTER
City Without a Reserve Water Supply Against, Destruction by
Fire Likened by Bankers Committee to Business , :
Situation Without Federal Reserve System. ; .
; .'
At vital element tn everybody's prosperity ts that mysterious sound
ing "something or other" called bank reserve, taya the Committee oa
Public Education of the American Bankers Association, adding: "It
Isn't an easy matter to make simple and interesting, but Its importance
to every man, woman and child la the country makes the effort worth
while." The Committee continues:
Money on deposit must always be ready tor depositors when they
desire It Banks must also be ready to loan money, when needed, to
their customers, or business would be hampered. In other words, pros
perity depends largely on the ability of the banks to meet these de
mands that is, depends on the ."bank reserves." i The problem of
handling reserves has been difficult. The Federal Reserve System has
met the problem more satisfactorily than any other method ever tried
ia this country.
The Great Solution
Our banks are managed by offi
cers and directors, elected by their
own stockholders. They are in
terested, in helping the town to
grow and prosper. But Just as a
local telephone' station la valuable
to the "interchange of thought be
cause it belongs to a system whose
wires reach to all parts of the na
tion, so the local bank ts valuable
to the Interchange of business be
cause of its connections with
other banks in the United States,
finding its strength and Its useful
ness in being part of a system.
For many years a plan was
sought, whereby our thousands of
separate and independent banks
could get together and co-operate
for the Improvement of our bank
ing methods, and for mutual pro
tection in emergencies, both for
themselves and customers. We
had periodical money panics, dan
gerously disturbing to business,
and chargeable; in targe part, to
defects in our banking and cur
rency system.
which the individual banks could
get assistance tn time oL trouble.
Panic conditions caused weak
banks to fall, and even strong and
sound institutions to- be imperilled.
Bankers, business men, and lead
ers in Congress for years made
a careful study of banking and
finally Congress passed a law pro
viding -for the establishment of
twelve , great Federal Reserve
Banks, each designed to serve as
a sort of central bank tor such
banks In. Its allotted, territory as
might become members of the Fed
eral Reserve System.
It retained the American plan of
independent banks doing business
under the management ot thelH
own directors and officers. About
40,000 banks hare become mem
bers of the Federal Reserve Sys
tem. The member banks in each
district own the entire stock of the
Federal Reserve bank there, and
elect two thirds of the directors.
The other directors are appointed
by the Federal Reserve Board at
Washington, the Governmental
body having supervision over the
Reserve banks, thongh it does not
Operate them. Its members are
appointed by the President of the
United States.,' ' .? ? -v
The Federal Reserve banks hold
member banks'. reserves;' Former
Kreryining i vu oa-
U8t ab.olutely must "beJla the
contest Editor office promptly ,
'at Uib BtrokB or il:3fr P. m. in the;;
evening, January bin. ima does
no ttnean 11:36.
. 7. ' Do not ask any inside infor- :
mation In regard to the standing J
t any. contestant, for none will be
given , nnder any circumstances. .
No one knows anything about the ' "
standing of' any contestant bu' the
contestant themse'ves. All will
receive the same fair and impar
tial treatment that has been a fea-;
ture of this-contest ; AH prizes
will . be awarded strictly on the
merits ot the contest. ' - '
8. The last day of the contest
every candidate must have his or
her subscriptions written out In
his or her receipt book, and a rote
blank properly filled out with all
amount of votes extended. The...
contest department will be snowed
under with work for the last, day,
consequently will . not have time
to help do the 'contestant's work. -All
subscriptions not properly ;
f illed out wiH 'be rejected, so if
you-haven't' blanks enough he snre '
to get some. Only have them
properly listed when yon come to
turn tiem in.
9. V'hen the hour of 11:20
o'clock In the evening, Saturday
arrives, every . contestant or any
one eke who has any subscrip
tions to turn In must be la the
Contest Editor's office; 11:30 p.
m. The Contest Editor's .office ;;
will be locked for 15 minutes.' All v
who are in the office at that time ;
will be locked in, and all who are' '
not in the office will not be al
lowed to enter. . After the. door is
locked, each contestant who has
subscriptions to ' tarn in will , be
checked up by the Contest Editor, 4
and the votes Issued. '
10. However, you must at 11:30
p. m. have your subscriptions all ' '
ready for there will be a big rush. "!
When yon are being checked up
for the last time, be sure not to ,
misplace any subscriptions or for
get) them, for yoo. cannot come,
back : again after ; once .' being :
checked up, after the final check .
at;il:S0 o'clock. Of course, you .
should get all possible subscrip
tions In as early ia the day as yon. .'
canj so as to avoid a long - wait.'
Tbia ruling only tears on those
subscriptions that you seoure the -last
few hours of the contest. "Ev
eryone will be working right up to .'
the very last closing hour, tor so
close is tbe race that tbla is the
only way that winners can be de
cided. ' .. '" '.. " ., ' '
ly each bank carried ia its' own
vault the cash required by law aa
a legal reserve so that It would be
ready to pay depositors on de- J
mand. The gold supply of the
country was thus scattered among
thousands ot Independent banka, ;
When Fire Rages ;
This situation may be likened to
the old-time water supply la ' a
town. Each house had to depend
on its individual well, tank, or cis
tern. Picture such a town attack
ed by Ore. If the water was low-
in one welL from drought, or ex
cessive use, water would have to
be borrowed from .a neighboring?
welL Suppose the water in that
well also was at a low level. Thus
the safety of an was sacrificed be
cause no RESERVE water supply
was at hand. The, fire would be
come a conflagration. ; '
Under tbe Federal Reserve Sys
tem, we have a series of modern
reservoirs, located in various parts
of the country, each serving the
needs of the banks tn its own dls-'
trtct. In each of these reservoirs
credit Is stored up to be supplied
to the various banks, as the need
arises. Each reservoir Is in turn
connected with all the others so
that when the supply in one be
comes low, the others may be tern,
porarlly drawn upon,. By gather
ing the gold reserves ot the mem
ber banks into the twelve Federal
Reserve banks, a result has been .
obtained like that yielded by the-
construction of a great city water,
supply. . '. .' - . : , ; ;: , ,
Each member bank formerly had s
to depend almost entirely npon its
own resources in making loans to
its customer. When It had loaned
aU of its own money, It could do
no more, even though the mer
chant, manufacturer, or farmer
customer had great, seed ot morev
credit, and was seeking it for high
ly important and necessary -J pur
poses. Hence arose what was
called a "tight money" situation.
Now the member bank "can, and
freQuently does, take the notes of
Its customers to the Federal Re
serve; bank, and borrows there in
much the same way as the ens- '
tomer borrows from the member
bant v' 1
This reserve-storing and loaning
work of the r Reserve , System! isj
enly part of the wonderful proteo-;
tlon and service it Is renderin the
'CM