I ? is a potential pay roll tar Ashland ‘ per for Owr Fifty Years 4 (United Presa Wire S< ESDAY, APRIL 19, 1927 1l0 Wt1M Services Given in Two Officer» Fire Six Shots When Man Kef usee to ’ . ~ Drop Gnn AU the Ashland Ohnrches / Officials Centering Their Efforts on Preventing Severe Shortage PEOPLE ABB RESTLESS - t Methodist Chan-h The. Methodist Episcopal choir presented last Sunday evening the beautiful cantata "The Easter Victory.” All solo parts were ex­ cellently given as were the duets and strios. The choruses under the direction of O. H. Teo. show­ ed good variation and harmony. Mrs. H. J. VanFossen was the accompanist. Strong Probability KxlsU That Country May Change Cblneae Policy Political Leaders Hail His Statement on Church and State Important COMMENT IS VARIED Many Politicians Privately Pay Tribute to Democratic Of­ ficiare Courage NEW YORK, April 1».—Japan faced the greatest economic crisis since the poat-war panics of 1920. The bank of Formosa, seml-of- fiolal, imperial chartered institu­ tion, closed its doors for three weeks and only a few hoars later the Omel Bank of Osaka,' capi­ talised for IS million yen, approx­ imately 87,100,000, closed for a similar period. Seven other smaller banks closed their doors for three weeks. Previously the Wakat- cuki cabinet had resigned when the privy council refuted approv­ al of a 200,000,000 yen (approxi­ mately 8X00,000,000) loan to the Bank of Foromoaa, to aerve that institution from threatened disas- r t 9 I i » i Christian Church The Christian church had a i short Easter program before the i Sunday School session, consisting of a piano solo by June Wolcott, duet by Vera Wright and Eunice i Hagar and a solo by Frances Cooper; the rest of the program being given over to the leeaon period. Mrs. McAllister, Mrs. Stockdale and others had decor­ Official Japan a few days ago ated beautifully with spring blos­ directing its attention to the Chi­ soms and Miles. nese situation immediately center­ ed Its activities on the domestic Kasarene Chnrrh necessity of preventing a serious The Nazarene Sunday School financial and economic crisis. gave a splendid program before Much Unrest the chnrch service in the morn­ Economic unrest in all parts of ing. The room was tastefully de­ the country Increased during the ( corated with manj bouquets of day, according to cables from To­ w n a iw o « a D tiG ’vriiiie~'ffiV'?yeH dropped leas than one half of one cent ( 48. nf a cen t) New York, it was feared that fnrthqg^dropa might follow •» importent a d o s - ipg as that of the tea k o f «ppo- , moaa, which la capitalised at »»,-{. 000,000 yea (approximately 820,- , 000,000) And also a cabinet ' crash and threatened failure of ( the Suzuki Company, ltd. The , latter organisation, one of thé , three largest export and import houses In Japan, has several score subsidiary firms dependent upon it, and branch houses in ail parts f of the world. It has received ( heavy financial support from the bank of Formosa. Not only is a financial crisiadn- volved In the happenings of Sun­ day and Monday in Japan, a danger of change in Japan’s Chi­ nese policy enters into the situs. Itlon. General Baron Tanaka. , militarist, who sponsored Japan’s unfortunate expedition into Siber- ' la is thus far only one who has been suggested in cables*from Jap­ an as a possible successor to the resigned Premier Wakatasuki. Eliminate Official 1 Tanaka’s selectioh means ellm- Inatlon of Baron Shidehara, recent foreign minister and former am- baasador to tbs United States, from the cabinet. While.Tanaka is the avowed advocate of a strong policy toward China, Shidehara, on the contrary has directed that calmness shall rule Japan’s atti­ tude toward her sister Asiatic country. Tanaka’s choice as premier, while ' still believed unlikely, would not be well received In Japan where the people are well satisfied with the Chinese policy of Baron Shidehara. Japan is less in a position -to face a financial crisis today tharf she was Io 1920, when huge war lime profits gave her a reserve with which to combat financial troubles. Since that time the country passed through tvo large earthquakes and has not yet re- covered from those disasters. The immediate business of any new cabinet and one probably fcaanot be firmed easily due to danger of the present sltuatiod— would be to save the Bank of Formosa from failure and with it the Su- suki concern, wbich^yabka only below the great Mitant and Mit- subishl firms in size. r 8 ’ 1 1 11 1 0 * * 8 r 8 ] • WASHINGTON, April 19.—-OP) — Political leaders in both parties hall Governor A1 Smith’s state- meat on the church and state as a document of first importance in American political history. Comment was both favorable and otherwise. Also there were many politicians who privately paid tribute to Smith's courage, bht refused to emulate It by com- menting In print on the delicate questions raised. The principal criticism came from southern democrats, Senator Heflin of Alabama, a democrat, who has been attacking the Cath- llc church for Its attiutde toward , the Mexican religious controversy ] and Representative McClintlck of Oklahoma. "The New York governor's statement lb evasive and uncon­ vincing.” Heflin said. "It is tn on e of the essential questions raised by Mr. Marshall la direct ( contradiction to the teachings of many of the popes and priests of the Roman Catholic church. ■ It was intended, of. course, to make a favorable Impression for Oov- •rtot ^$mtth 'bfe' U6»esthvtte i American citizens." . im ericaa believes that th e church and state should be tovwver ke* Where believed huried. Tfce earns of the exptoaidk fc unknown. So terrific Vas the Mast that bricks flaw fro*» the twb atory building across the «treat, break­ ing windows In an apartment house. One piece ef wood was driven into the apartment house wall, as if It had been a nail. Rescuers were hampered in their work by a rain which at times changed to A downpour. Over twenty persons wpte be­ lieved In the store at the time of the Meet and searching * .parties Veneta Pool Hall Bobbery Brings Charges Against Official EUGENE, Ore., April 19.— (IP) — Dethands that Van Svarerud, Lane county deputy sheriff be re­ moved because of alleged incom­ petency in - the Veneta pool hall holdup case, furnished a lively controversy in Lane county today. A petition signed by 200 Veneta cHlsens has been presented to Sheriff Frank Taylor, threatehing ‘bat official with a recall move­ ment unless 8varerud is dis­ missed. Svarerud has declared that he "will fight to the last ditch.” Sheriff Taylor has taken no ac­ tion. He said that ha was not entirely satisfied with the manner In.which Svdrerud handled the Veneta case, bnt that he waa not altogether In sympathy with the Veneta movement. The petition gives him until Wednesday * in which to make up his mind. The petition charges that 8varer«d, acting as sheriff, left for Loa An­ geles, the day after the heldnp, instead Of* remaining on duty to direct the manhunt for Albert Brownlee and Dewey Russell. •LOS ANGELES, AprN 18.—OP) —A lone bandit was shot to death here as he Was leaving the First State bank of Sherman with 82,- 000 he had taken from the cash­ ier. Two constables, Who answered a knock on the wall between their office and the bank, fired the shots which killpd the unidentfied robber. The signal, prearranged be­ tween bank employes and the con­ stables, brought Constable Cook and Deputy Johnson running from their office In time to see the bandit leaving the cashier's win­ dow with his lopt. The gunman elected to shoot It out rather than obey the demand to "drop that gun." His first bul­ let went wild and before he could tire again six bullets from the two constables guns failed him. Handlers iployes ' ■ „ J decided upon at i D 18 ry . ’ r ro o m e M- fle company terms of the * f vL. th# oae tl>*WMad BAPTIST STATE SECRETARY . WILL PREACH SUNDAY Dr. C. C. Wright of Portland will preach in the Baptist Church next Sunday morning. Dr. Wright la conversant with the national and world-wide activities of the denomination. He is a speaker who brings timely and virile mes­ sages to hla hearers. He will at­ tend the Rogne River Association made pinna ta work aW i j ^ t in la Medford which meets on Mon­ order to clear away thq.+ debris day evening and closes on Wed­ nesday night. , and find the remainder— -fnlRW- The Kodern David Qu» rte r of a Billion Dollar Christmas Présent Now a Reality |, „ HOBOKEN, N. J., April 19.— The proposed quarter billion dol­ lar "Christmas melon" of the * United States Steel corporation, one of the largest market values on record, became a reality when it was approved by the directors I at their annual meeting. , J. E. Wheeler H eadof Pub­ lishing Company Asks ' Court to Take Action TO APPOINT TRUSTEE Judge Elbert H.'GSry, 80 ye*r Cross Refers to Disaster as 1 old chairman of the board, an­ Meeting of all Credltoss W1IJ a Major One for the Soon be Called to Settle ’ nounced that the 40 per gent stock First Time Paper’s Affairs dividend probably would be placed on 87 annual basis, making it just as valuable from the standpoint of PORTLAND, Ore., April I s . ? profit as the old shares. The Portland Telegram, evening This is the largest dividend In newspaper, operating under a re­ the history of this Industrial ceivership, was today adjudged giant. It will enrich thousands of bankrupt by the United Stated stockholders, including President Circuit court. Federal Judge F', Coolidge, who has fifty shares of II. Rudkin granted the petition, common. which was filed by J. E. Wheeler; In announcing the intention of president of the Telegram Pub­ the directors, Gary revealed that lishing Company, asking that thq new processes are being developed concern be declared to be volun­ looking to the manufacture of bet­ tarily bankrupt. ter and cheaper steel. Professor The petition was resisted ’dar­ Milliken of Western Reserve uni­ ing a hearing by Amedee H. Smith More Rain versity in Cleveland discoverer receiver, and the Lumberman’d ST. LOUIS. April 19.— Despite of the electron, had agreed to join Trust company, a major creditor^ more rain last night over the Mis­ the corporation’s researcn staff, A referee of bankruptcy will call sissippi river section the floods he said. a meeting in a few days, when all were expected to reach a stand The Christmas dividend In creditors are to appoint a trusted here today and start receding to­ round numbers representing stock to settle their affairs. Thia news# morrow, halting further flood worth 8250,000,000 Is now ap­ paper was served by the Associatf dangers in the upper valley. Be­ proved by the directors and will ed Press. Both of the other eve­ low Cairo Illinois in the lower be paid Immediately^ It will come ning papers in Portland are mem* section, however, the m e n a c e within ten per cent of doubling bers of the United Press. ™ ——7 continues. the holdings as Well as the pro- Zita of. tbe1thousand« of stockhold­ ers and will Increase the capitalis­ Two Are Killed ' PA ris . Texas. April 19.—The ation of U. S. Steel to x 81.071,- ca8na,ty ,,8t of a twister which 904,000, making the corporation »truck Archer City, fifteen miles second to the American Telephone the nocth Qf base iBcressedlQ Awn. and T e l e g r a p h u known dea(j today as reports came country’s richest company. here from across the’state line In- lo Oklahoma? Frank Williams? lg WM k,„ ed JuBt acroM the r,T. Peak, Comfortable * ’ 40 d,re®t P*th of the cy- -inone aa(r1' Robert Crnvtn was COLORADO SPRINGS. Cole., killed at Archer City. * April 19.—(IP)—Although snow­ WASHINGTON, April 19.— The Mississippi Valley floods today had driven twenty-five thousand persons from their homes and the Red Cross was calling for a twen­ ty-five thousand dollar relief fund, and termed the disaster a major one for the first time. In the meantime the weather bureau forecast new flood crest levels for tonight or tomorrow with no definite drop in sight before tho end of the week. Hoover, is Not to Resign His Office WASHINOTON, April 19. — President Coolidge has definitely cot to rest the rumors that Secre­ tary Hoover might resign, follow­ ing his supposed rebuke. The president praised Hoover’s work and said that he qualified for any cabinet position that he might choose to accept. bound atop Pike's Peak, James 1 Amess and Anal Simonson have all the comforts of heme. The men, employee the Sum­ mit house, summer resort on THE DALLES, April 19.—(IP) the peak, made the trip to the — Born in the rear compartmeat top nine days ago on the first of an automobile while friends ran of the cog railroad this year. of her mother frantically sought They Intended to come down the to arouse a ferryman to secure following day. Snowstorms, how-» transportation toward The Dalles ever, blocked the railroad and hospital, the eight pound daugh­ the men have. been marooned ter of Mr. and Mrs. H. D. Whit­ since. more of Bickleton, Wash., was The men are in no danger. thriving at the hospital tonight, They are sheltered in the Sum* after safely surviving the ordeal, mit house, have ample fuel to and medical attendance. keep it warm, and have enough Mrs. Whitmore was being rush­ food to last'tw o weeks. ed to the hospital last night from An airplane circled the peak the Washington city 09 miles and dropped them newspapers, away. At Maryhill the car was tobacco and additional food. delayed when the ferryman could Rotary plows were at work « not be aroused to bring the party Monday clearing the snow from aerose the Columbia river until the cog railroad. Officials of thf it was too late to attempt to line expected to have U oped reach The Dalles, 22 miles farth- within two days. la the event er. there is delay and the men ar« Neither the baby nor the moth' threatened with depleted food er showed any ill-effects todaj suppllee, the Adaman club, fanrj of the lack of usual attention one hiking organisation, plana t i hospital attendants reported. start an expedition to their reij Engene — Bank deposits here on March 28 were 87.871.74S. * Twenty One Years Ago This Week the Earthquake Brought Disaster SAN FRANCISCO, April 18.— (IP)— Twenty-one years have pass- i ed since Ban Francisco waa left in ugly ruins by an Inferno of (lames which followed a sudden trembling of the earth. The Interval has been filled with Industry and accomplish­ ment. This week la a week of reminis- ronee to those who went through the horror of April I I , 1900. It waa at 8:18 a. m. that the first rumbling shocks struck the city. Cameo had sung here the night before and many social functions, planaad to coincide with the great tenor's appearance had tapered off before dawn, with the flour­ ish and dolor for which the old San Franctacb city of romaaea, was famous. 13 li e sJ w ai t! n |c p< Taft—New Keith A Watson sawmill will be ready to run l»y May 1. Monmouth-:—City council yotea for extensive street lighting sys­ tem. A#