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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Oct. 1, 1930)
PAGE TWO The OREGON STATESMAN, SakfliM)rego, WedacflferMormag, OUbcr 1, 1930 ' ' GROUP BIB fflTS S EH Association Asked to Amend Stand Against Merger Trend at Meeting CLEVELAND, Sept 30 (AP) The Increasing difficulty of tome banks, especially smaller ones, to operate profitably as In dependent units, held the. atten tion of the resolution commit tee of the American Bankers' as sociation tonight. Tha rnmrnittAa had before it a recommendation the association modify the stand it has taken in opposition to branch banking. The reeomemndatlon was made by the association's economic policy commission, which ts the association's chief advisory body. As as indication of the advis ability of giving recognition to the branch banking movement, the report of the commission, presented by R. 8. Hecht, presi dent of the Ribernla Bank and Trust Co., of New Orleans, and chairman of .f he commission, cited the increasing number of failures of unit banks and the growth, of the groujt banking-movement. Public Opposition Given Recognition The comim8sion took into con sideration opposition of many people to large banking monop olies and said that while the question should not be ignored. it did not believe it presented a real menace. Hecht said the movement of group banking is not a measure of Wall street or any financial region to wrest control of this country's finances, but it arises out of present day economic nec essities. "Official records show that in tia 9F nnrinsl Tune 30 hls vpar there were 758 bank suspensions with deposits of $353,500,000," Hecht said. "In points of numbers this is the highest mortality in any year bince the war, except 1924 when there were 915 suspensions and In 1927 when there were 831. In point of deposits it was the high est, even exceeding the $297. 900,000 reported in 1924 and $266,600,000 in 1927." He said during i the last ten years about 5,790 banks have suspended. Rural Banks Have Most Difficulty The bank failure problem has been mostly that of riftal banks. About 92 per cent of the failures were In places of less than 10, 000 population. Economic factors have recent ly arisen to hamper the operation of the small independent, Hecht aid. "One is the constant shift of business from smaller to larger centers, thus leaving many coun try banks without sufficient ec onomic support and making more , difficult than ever the struggle ef those banks to show sufficient earnings to keep them in sound. Wealthy condition. There have been some recent signs that business is on the up grade, John O. Lonsdale, presi dent of the Mercantile Commerce bank and Trust Co.. and presi ient of the association, told the convention. He said there are numerous adjustments to be anade In business operations be fore permanent prosperity is assured. 1 1 MaaMnaaaBHaBBBMaMiMaaaMHBHBBBBHBBiHMaaanaaBaMMHMHHnaHHBBBHHK t;:- 4 Edward Everett Horteo in si mensem from "Once sv Gentleman whicfc 4s stow showing-a the Elslaorw. IiOis Wilson Is the feminJaa Flying Boat Will Cross Ocean Soon ALTERNRHEIN, Switzerland. Sept. 30 (AP) Crossing the Atlantic ocean on the flying boat DO-X, the first flight of which b scheduled for October, will dif fer in one important respect from a Zeppelin flight: smoking will be permitted. In fact, a smoking salon or lounge, has been installed amid ships, directly behind the diminu tive bar. A ventilation system has been provided which prevents the smoke from distressing pas sengers who may want to sleep In the four double beds lmmedi ately adjoining the smoker. The sleeping compartments re mind one of the American Pull man sleeping car. The DO-X compartments are separated by curtains. There is no upper berth, but each birth is so wide that two can comfortably sleep in it. Daring the" day, the beds are converted Into comfortable teats. The general hall in which the passengers spend most of their time and also take their meals, is really a succession of three salons seating respectively forty, eight. -and sixteen passengers comfor tably. They are partitioned off from each other sufficiently so that parties may reserve a sec tion. ' Three different colors are us ed to decorate the three sections of the general hall: A Japanese yellow with Japanese designs in the largest, for 49 persons, green In the smallest, for eight persons and mahogany in the section far thest back, for 11. Behind the third of these lounging sections are, on one side the electric kitchen, and on the other two lavatories. ".For the trans-Atlantic flight it fs not intended that a cook shall i bo taken along: ''Whoever of us tan cook best will probably be Visked. to prepare the meals," ra . dio operatlor, Henry Kiel said. "It Lady TJrace Drummond Hay will : consent to do - the cookingr so '-much the better.'. She told me ahe ;was stood cook. . ; : &r,:t?'-:-:::-'.-.-:J- f v. - ' t W ' 1 -ii .. hKmmtmMai, -zmmMmAmmr. . "Lesthemecklng" and a glimpse of what it Is all about.- Irene Dunne and a group of her "assistants" will appear at Bligh's Capitol today. The CM Board By OLIVE M.-DOAK BLIGH'S CAPITOL Today Irene Dunne and Ken Murray in "Leather Neck- ing." ELSINORE Today Edward Everett Horton in "Once a Gentle- ENEMIES man. In THE GRAND Today Alexander Gray "Spring is Here." Friday Richard Arlea in "Light of Western Stars." THE HOLLYWOOD Today Maurice Chevalier in The Big Pond." Friday Buck Jones in "The Lone Rider." Today marks the official com mencement of operation of the Greater Theatres company in Sa lem with the Elsinore and Bligh's Capitol as representative show houses. For some time past con sideration has been made of some ou side corporation that would come In and handle the two houses but the final decision of the company officials has been, for the present at least, to man age the two bouses through two theatre men well known to Sa lem, Archie Holt at Bligh's Cap itol and Verne Mclntyre at the Elsinore. Col. D. E. Dow, a Fox company official, which company Is leav lng Salem, has been manager at the Elsinore and wll remain here until his company sends further orders to him. This will perhaps be a week or longer. The new management through Manager Holt and Manager Mc lntyre announce the following shows to begin today: At the El sinore there will be "Once A Gen tleman" with Edward Everett Horton and Lois Wilson as leads, It is a 'hilariously funny picture so It Is said, and knowing Horton one irled to believe that it could hardly be otherwise with him as a character in it. Horton Is a butler in the play; he gets ail-mixed up as a friend of his employer, falls in love with a pretty housekeeper and other wise manages to keep things in confnston an dfunny. At Bligh's Capitol the Marines have the stage in another com edy. Ken Murray, Louise Fazen da, Irene Dunne and Eddie Foy, Jr., manage to keep a lively story of nonsense which happened in Hawaii with privates masquerad ing as officers, love affairs, and final discovery of the private masquerade. TUSSLE WITH 11 Government, State and City Officers Pile Charges On Five Gangsters CHICAGO, Sept. SO (AP). Danny Stanton, Jack Guiick, Terry Druggan, George "Red" j Barker and William "Three Fin gered, Jack" White "public en emies" all wrestled with the authorities today before the bars of Justice. Stanton walked out of a court room where charges of vagrancy were continued until -October 16 and Into the arms of detectives who produced a warrant charg ing him with the murder of Jack Zuta at Delatield, Wis., last Au gust 1. Guzick was nabbed by federal agents. He was alleged to have': evaded payment of tax on Income1 amounting to $642,000 in 1928. Druggan was sick abed with at least a dozen ailments and he sent representatives to federal court to explain he could not be present to answer charges of in come tax evasion. The govern ment ordered its own physician to make an examination. Barker and White appeared with Clarence Darrow as attor ney for the former before -Judge John H. Lyle who set hearing on their petition for change of venue for tomorrow. They were picked up on Judge Lyle's vagrancy warrants directed against all tl of the "public enemies" named by the crime commissioner. While Wisconsin waited for Stanton, police waited for Guzick and Druggan and the government waited for Barker and White. At least summons were issued for the latter two, who face Questioning about their Incomes. Stanton was linked with the Zuta slaying by Ballistics tests made on bullets fired from a gun which was taken from him two weeks ago. The experts said the bullet matched some of those found in the body of Zuta. Stan ton Is said to be the head of AI "Scarface' Capone's labor de partment racket. IK WETS I SPEED RECORD VALLEY STREAM. N. T., Sept. SO (AP) Frank Hawks. Who holds transcontinental, air speed records in both directions. flew hero from Detroit today In two hours and 41 minutes which is believed to be the fastest thne r ever made over such a distance, Hawks estimated he flew 640 miles, giving aim an average speed of 2S4.7 miles ah hour. He said he had flown taster for a short distance but' never so fast brer such an extended course; He was flying the, little scarlet mon CHANEY WILL FILED LOS ANGELES, Sept. 30. CAP) The will of the late Lon Chaney, screen star, disposing of a $550,000 estate, was. admitted to probate today. ' The bulk of the estate went to, his widow, Mrs. Hazel C. Chaney; who wag ap pointed executrix. San ' Mateo county, Cal., mar kets over $10,000,000 worth of cut flowers yearly. DANCE With TED DELMARTER and His CASCADIANS (8 Pieces) . Hazel Green October 4 oplane in which he established the two cross country records. Three weeks ago he flew from here to Detroit in three hours and three minutes, beating the beat previous time for that flight, which was made by CoL Charles A. Lindbergh. It war from Col. Lindbergh that Hawks took the west-east transcontinental record. Hawks flew at 10.000 feet to day to get the benefit of a brisk tail wind and was abort the clouds most of the way. vicon sua EM'S QBE 8 AN QUENTBf PRISON. Sept. SO. (AP) Gordon Stewart Nortacort, condemned to die Thursday for the murder of tour boys on his chicken ranch at Winevills, Riverside county, CaU. today saw his mother and father for the last time, and, confronted by lira, Christine Collins; mother of one of his supposed victims, re iterated his Innocence of any crime. lira. Collins, who came here from Los Angeles to confront Mortneott in his last hears, had honed to draw some admission of. the. youth's fate from the sun posed slayer. She never has give up the belief her son actually is living. After affinal visit with Cyrus Northcott. his father, aad Mrs. Sarah Louise Northcott, his moth er, who is serving a life term in the prison tor complicity la her sors enmes, Northcott was taken to tht death con where father vis itors will be denied him. Mrs. Collins characterised her interview with Northcott as worse than useless. She said he seemed dazed and nervous, unable to meet her eyes and after denying he was guilty of murder, told sev eral conflicting stories or slay In gs on his Riverside ranch. Tonight Northcott was la the death cell, a few feet from the blue painted gallows where he will expiate his crimes Thursday morning. BACK FROM ALASKA ' AURORA, Sept. SO Roland Wur8ter, after graduating from the Normal school at Monmouth, went up to Alaska, where he was employed during the summer. He returned in time to enter the fall term at Oregon State college. TODAY THRO UGH FRIDAY MARINES! ... on rampage in the grass-skirt belt SEVEN MAD COMEDIANS NED SPARKS KEN MURRAY LOUISE PAZENDA BENNY RUBIN LiLYAx t ashman EDDIE FOY, Jr. IRENE DUNNE A CARNIVAL OF MAD "GAGS WITH DAMES FROM ALL CREATION. SOUND NEWS Talking Comedy "GOLF SPECIALISTS" CARTOON COMEDY Matinees 2 to I Evenings 7 to 11 Afternoon S5e I Evewlngs (St id's VAU-iSTAR FEATU RE COMEDY SENSATION I TODAY7- THURSDAY - FRIDAY fomfirttV Screen Edward Everett Horton and LOIS WILSON, KING BAGGOT Matinees 2 to 5 Evenings 7 to 11 lfteraoons 83c Evenings 50e Child rem 10c SOUND NEWS THJ9 MUSEUM TWO RXEI TALKING COMEDY h M I m pOLLYWOOP Hone of 25c Talkies TODAY and THURSDAY Tonight Is Radio Night Bring Your Tickets MAURICI Chevalier TheBigPoncT OABftsm couiar'' sfT MHItaWtflsf tBTTtfSv -Bw"asss)eB 0 eMsf Also Talking- Comedy, Review and News - day C7 day to to the w itch W inter Mon Get it wherever you see the Blue and White Union pumps BEGINNING today the UNIOH . omenrna noticed at high speeds, ofprertowUmooGaioIinesbruIly Oil Company ofien yCn thsfcTha b important to jrou b wince 'retained b this Winter Super fud finest, winter gasoline within thVhenthear is ofon entirety dosef , Switch NOW teach cdcnce. .especially so if rings axe worn Eazrymccnbgs and lice erenings IcmeeotVardenundof awta- considerably. are eettin chills. 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