? ft i ". H ? . . r ! ."i . 5vh :-.cr 12 Capita Journal, Salem, Ore, Tuesday, October 25, 1949 Mystery Shrouds Florida Everglades Mound ' Bronze Caldron Philip Weildling, Jr., Fort Lauderdale Sally News reporter, examines a giant pot found in the mysterious ghost village on an unexplained mound in the Everglades. By GENE PLOWDEN AP Ntwaf.aturail - Fort Lauderdale, Fla. Did the ancient mound-builders of the Mississippi valley penetrate Florida and leave a sample of their art deep in the Everglades? - Or did a separate group inhabit the state and vanish centuries before the white man reached these shores? A mammoth mound some 3C to 40 miles west of Fort Laud erdale has given rise to such spe culation. It has prompted these questions: What hands patiently piled hundreds of tons of earth and smoothed it out into a plot of eight to ten acres? Where did the dirt come from, in a land that is largely water rotting vegetation and coral rock? Maurice Hale, a Lakeland business man who often hunts In the Everglades, says Seminole Indians told him about the mo dern ghost village on the site. "It was, he believes, started after the Civil war, centered around fi sugar mill. When the sugar project fail ed, the village was taken over by men who smuggled Chinese 'Into the United States. Several 'Indians helped by making Sem inole costumes to disguise the Chinese. Trouble broke out and the Indians killed all residents. Indians still regard the place as haunted and shun It, Hale says. Members of expeditions to the site have found such things as bottle-capping equipment, Spanish-type bottles and Jugs fnd modern wire nails. Indica . ions are that moonshiners once jlised the site. They also found hand-wrought jiails and estimated some of the ozen tumbledown shacks on the site date backed at least 75 ..years. Historically, that is re xent. , To explore the area fully .would require many months of .effort under the most trying conditions. It would cost a great ,aeal. a The mound is six to eight feet above the surrounding terrain .and many believe the real story Jies at least three feet beneath the surface. It Is overgrown with tangled tropical shrubbery almost im possible to penetrate. Banana plants, wild limes, mulberry trees, papayas and two huge roy al poinciana trees grow there. Historians point to other Flor ida mounds antedating both the early Spanish explorers and the later Seminole Indians. None Is as large as the recent discovery nor as difficult to reach but all follow the same pattern. In Hardee county, about nine miles south and west of the town of Ona, is a mound ap proximately 100 by 150 feet, eight to ten feet above the level of the surrounding countryside and flat on top. Huge oak acd pine trees grow there. The Caloosas, Timucans and other early Indian tribes who were members of the Hirrigua nation that crumbled about 400 years ago and buried their dead in mounds. It was their custom to place the bodies in burial groves until the seventh moon (February). At this normally dry season they would be carried far inland, placed In burial mounds and covered with eight to ten feet of earth to discourage wolves and other wild animals from digging them up. The Caloosas, who lived in southwestern Florida, might have gone as far as the recently discovered mound to bury their dead. Or some tribe along the lower east coast may have pen etrated deep into the everglades on the same mission. The Seminole never were nu merous enough to build such mounds. They did not appear on the scene until long after the Caloosas and Timucans had vanished. Most of the larae manufactur ing firms maintain extensive re search laboratories, from which many important dicoveries de velop. 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The Corsair, operated by the Pacific Cruise lines, is schedul ed to start winter cruise service between Los Angeles and Mexi co next month. Bob Dombroff, Sailors' Union of the Pacific agent, said the line "broke an agreement with ma rine unions in moving the vessel without getting a standby crew from the AFL hall here. The Corsair had been held up at Houghton on Lake Washington by a contract dispute between the operators and the Canadian district of the Seafarers' Inter national union (AFL). The Canadian S1U is affiliat ed with the SUP and both are members of the Seafarers' In ternational Union of North Ame rica, headed by Harry Lunde berg. Family of Three on Hunting Trip Missing San Francisco, Oct. 25 W) A San Francisco family of three to day was reported missing near ly a month on a deer hunting trip in northern California. Miss Frieda Johnson told po lice her sister, Mrs. Doris Satt ler, 32; her brother-in-law, Har old, 33, and their six-year-old son, Harold, Jr., left here Sept. 16 and planned to be gone two weeks. Miss Johnson said friends later saw the family in A4pine county and reported they had shot a deer. They were preparing to go to Susanville, but have not been heard of since. Fast Time to Go to Seattle Electorate Seattle, Oct. 25 W) Proposal to remove some of the confusion resulting from Seattle's daylight savings time ordinance will go before the voters next March. The amendment would givo the city council power to fix the "fast time" period to conform with other sections of the coun try. Seattle and several other- Pu get sound cities did not set clocks back this year until Oct. 1, almost a week after other sec tions of the country returned to normal time. Stock Market's Greatest Crash Came 20 Years Ago By WILLIAM D. MORGAN New York, Oct. 25 Wi Twenty years ago this week the stock market crashed in a tragic ending to an era of prosperity. The Coolidge bull market died a violent death that shocked and stunned this nation and financial capitals throughout the uorlH. There is no standard by which to measure the seling panic crept into Wall Street in cat-like silence and ripped the financial districts wide open. Described in generalities, the market value of the nation's productive machinery plunged, in a matter of minutes, by bil lions of dollars. The decline lasted for three long heart breaking years. In human terms the losses could be measured in dollars and cents: In the bankruptcy record, the destruction of life time savings, in foreclosed mort gages, in pawn shop tickets. It could be measured, too, in the desperate haggard faces of the new poor, in dead dreams, in the pathetic bewilderment of little and big people all over the country. The prelude to panic was enough to lull the most astute financial men. Government and business leaders painted the fu ture in rosey colors. '.'Don't sell America short! was the rallying cry for a new world. "Buy Amalgamated this, Con solidated that. You can't lose. I've got inside information." Everybody knew the market was going up and up. There were a few people who dis agreed, but they were viewed with the same suspicion as an ardent supporter of the com munist party is today. People begged, borrowed and stole money to buy stocks. Not good stocks in particular, or even bad stocks. Just stocks. The total of broker's loans, a figure which indicates the amount of stock bought on credit, soared to an astronomi cal figure. Stock prices advanced until many were simply absurd in re lation to the ability of a given company to earn money and pay dividends. The first intimations that something was wrong came in the week which ended Oct. 19, 1929. That was a bad week for the market but not too bad. The bull market had paused before. It was nothing serious. The next week panic struck. The bottom literally dropped out of the market. For a while some stocks could not be sold at any price. The ticker taps, pound ing out oblivion for speculators all over the world, ran hours beyond the market's close in or der to catch up with an ava lanche of transactions. Nearly 13,000,000 shares of stock changed hands, a record that stood for nearly a week. The city's big bankers got to gether, finally emerged with an announcement which certainly i was a masterpiece of under statement. They found, it seems, "a little distress selling." The market rallied for a while but on Monday and Tues day, Oct. 28 and 29, the climax was reached. Stocks of the country's leading industries col lapsed. Sales on "Black Tues day" .totaled more than 16,000, 000 shares. The ticker tape ran hours after the close of the market. Grim brokers and their staffs worked far into the night. That was the day the insiders, the big money men, the mil lionaires, saw their fortunes melt away. The little fellows had already been sold out. The big fellows lasted a few days longer.' An era of prosperity, and of speculation, greed and mani pulation ended in the night mare of those October days. That October, too, was the curtain-raiser for a new set of values, a new kind of thinking, not in Wall Street alone but in every city and town in the land. Wall Street is still a whipping boy when "the interests" have to be damned. The financial dis trict, though, has a sense of re sponsibility which did not ex ist in 1929. The Securities & Exchange Commission, created by congress, is the watchdog of the securities business. The SEC has a keen eye and a long probing finger. It is respected as well as feared. For a long time while it was hated. 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