The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

THE M'HENRY PLAINDEALER, THURSDAY, AUGUST 24, 1933. WHAT BANKING WAUCONDA WENT THROUGH •j' By JOHN H. J*UEL!CHER American Bankers AssociatieS) [ING in its long career ha* been compelled to withstand many serious shocks, but It ran into the most 'perplexing entanglement of its whole history since the general breakdown of values in 1923. The commercial structure of t b e entire world seemed to have been shaken from its foundations and the marvel is that the banker, with Washington .... J »• PtEUCHF-R able 16.through as he has. - . 'General' 'business failures. agr!ciiltural stagnation, income losses, capl- ' V" -' " tal losses, inabilities fb meet .debts ],a<j- tb$fojf<>re 'inabilities of. bankers to everything break^mdon program but is frankly wor- Washington, August 2&--Pressure has been placed on President Roosevelt during the week to exercise the powers granted by Congress to inflate tJhe currency. !So fair, the CJhief Executive h*s resisted all attempts believing "that the recovery measures will achieve their objectives without resort to such drastic methods. It is reported that Mr. Roosevelt would be willing, to countenance a modified inried that once such a movement starts it will go beyond reasonable bounds Too much inflation would cause gold to move out of . the country and require additional dioses of inflation inje< rtions to counteract the shrinkage in ,h, credit base. IV W s. li,r tho bank failafe.. ,1'^ to keep sputtering: under coycr W. and Mrs. Albert Basetey called to Antigo, Wis., to attend the funeral of Mr. John Now, Sr., on Saturday. Arthur Baseley who has been spending the "past month here returned with them to his home there. Mr. and Mrs. Elmer Grov© of Edison Park spent the week-end re»H;heir cottage in Spencer Highlands. They arc entertaining Mrs. Grove's sister and husband, Mr. and Mrs. Walter Peak of Anchorage, Ky. Williamv johns who has been critically ill during the past week, caused by a heart attack on Saturday evening, is now reported slightly improved, though little hope is h^id for his recovery. Victor Cling, Hobard and James Imeng* spent the past week at Devil's Lake, Wis. Mr. and Mrs. Wm. Vehe of Minneapolis were guests of Mr. and Mrs. John Gossel and the Frank Nordmeyer family last week. They also attended the Fair. , S. L. Tripp of Mundeteln, head of the Tripp Lumber company, passed away in San Deigo, Cal. The Tripp '/Pay .back depositors wljen loans were - j~,arT,;^ ^ puLy.:,. 5, not paid, were the reasons, in fflOstJ13 .stances; f'pr the Vank failures, , J'** ^ -keeP ^prof^lon, no department of life b„ ^ is WithoutHtsv weaker elements:, baft ;-Qp««ons ha\e be^n parsed by wejl ^ „crc ,«4U. llt. .•bad proper- consideration been given informed, officials that the President. ^ ^th interment at Half td the relatively few instances in bank- Passed up a trump card an his recov-jDay cemetery He was born at Half lng. had exaggerated and staxiling j er>* game when the treasury depart- Day 0n October 22, 1865, was niarried winters in California, but on account of Mr. Tripp's . illness did not come back tb Illinois this summer. Funeral services were held in. Libertyville headlines been kept in true proportion, had banking not been used as a target for political self-seeking and with vote- Beeking motives, had unfounded rumors not i.een spread the people's confidence might have been retained and meat'activities were sidetracked. It is contended that-the Treasury under a more vigorous Cabinet officer could have helped immeasurably. Mr. Woodin has been accused of letting matters drift while other mmmmpnl to Miss Harriet Richards in October 188$. He leaves to mourn the widow and one daughter, Mrs. Hazel -Bluhm cf Mundelein. Mr. and Mrs. Wm. Baseley * and government ( ^rs Mau<j North of Woodstock and' far less serious-would have been their J agencies worked night and day to I Leslie North and Mr. and Mrs. "J. L. financial losses, for many bank failures stem the tide of the depression. Thej Baseley of Union were Sunday callers were caused that need not have bap- | Interior Department which has been ftt the home of Mr. and Mrs. L. H. pened. little known has blossomed out an There were factors in our banking important factor due to the adminisexperience which every earnest banker It ration of the enormous public works deplores--factors which many had program under the direction of1 Secworked years to eliminate, which It retary Ickes. The Department of was fearfully recognised would ag- Commerce once the leading Federal gravate any difficult days which might agency dealing with business and inarise. One of the worst of these was dustry has been l6st in the shuffle, due to political regulation which char- When Hoover headed this division it tered many banks that should .never provided him with an elevator to the have been chartered. i Presidency. Secretary of Commerce That there have been Incompetence '• Roper has been something of a rubber and dishonesty in banking is admitted. | stamp- for Gen. Johnson. George That the instances that did occur were : p^k, intimate business associate of used grossly to increase fear in the jjchnson, has been running the Depublic mind," we affirm. We shall con partment of Agriculture's farm#retinae to strive for higher attainments Cypher. ^ Tyler Gilbert is reported not as well as usual the result of a weak heart. John Thule and brid<e of the Flats, attended the Fair Friday. Wm. Merwin and daughter, Beatrice Mr. Brooks and Miss Allen of Crystal Lake called at the Carr home Sunday. Miss Mary Kennedy who spent the week-end with her sister, Mrs. James Carr, is now vacationing In New York Mr. and Mrs. Joe. Klupar and son, Jimmy, of Chicago spent the' weekend with Mrs. KIupar"s parents, Mr. and Mrs. Vincent Davlin. „ ,^,0. tor &Xeh, L™ SJ|Mf "root l« "J*1 T"6 .th.e deU'!sSand'Mrs. Wm. Fink east of tow£. On fUmc!:' zisas? ** «*• *«*• S&ssls? ft ^ the fnand should be mnished it is as , Protests as to the Hint neartea ^or(je|j Memorial hospital at Libertyfoand. -nould be punched. It is , banker's failure to cooperate in re- jn Saturdav and was ©Derated' on true m bank.ng as elsewhere that °o-covefy pIans continue pour into of-j^^naS. was operated on matter how good' the law, dishonest and incompetent men can make It in- -• ., , • . i --^ -- effective- Good laws are essential. We force<* }>y exi?encies ^"^^ inounce the birth of a son at Palatine ficial Washington. The employers! Mr. and MrS- Melvin Potter RUSSELL ALLEN, State of Illinois, ' * County of McHenry, ss. In the Circuit Court of McHenry County, May Term A. P- 1933. JACOB SCHNEIDER, Complainant vs. , • WILLIAM G. SCHHEINER, CAROLINE SCHREINER, <*'*• Defendants. IN CHANCERY GEN. NO. 26083 TERM NO 431 PUBLIC NOTICE is hereby given, that in pursuance of a Decree ma^e and entered by the Circuit Court of McHenry County, Illinois, in the hbove entitled cause on the 17th day of August A. D. 1933, I, Henry L. Cowlin, Master in Chancery of the Circuit Court of McHenry County, Iillinois, will on Monday, the 18th day of September A. D. 1933, at the hour of 9:30 o'clock in the forenoon of said day, (Central Standard Time), at the East main entrance of the Court House in the City of Woodsruck, McHenry County, Illinois, offer for sale and sell at public vendue to the highest and best bidder the .following described real estate, or so much thereof as may be necessary to satisfy said Decree in fully to-wit:. A part of* lot number one (1) of • Block number eight (8) in West McHenry, Illinois, described as follows: Beginning on Street; line, One Hundred and Eighteen " feet (118) easterly on Street line from the North West corner of said lot one (1) at a stake; thence southerly along the east line of a . sub-lot formerly sold to Henry Heiner, One Hundred and Thirty- Two (132) feet; thence easterly along a South line of lot one (1) sixty-six (66) feet; thence North 15% degrees East One Hundred Thirty-two (132) feet to Street line, thence Westerly on street line to the place of beginning, situated in the City of McHenry, V County of McHenry and State of Illinois. Said sale being made subject to judgment "now outstanding against said premises in favor of Theodore Hamer, Receiver of the Citizen's Stat;e Bank of McHienry in the sum of $487.67. TERMS OF SALE Cash in hand on day of sale, at which time a certificate of purchase will be issued in accordance with said Decree and the Statute. Dated this 18th day of August, A. D 1933 * HENRY L. COWLIN, 13-3 Master in Chancery* list L & must strive for ever better ones, but inspired /pr*opag*and*a d ire-cmte,d" aict vcio^nf-'sPita^» Monday, Aug. 14. Mrs. Pottheir enforcement will come only as ! ter was formerly Miss Lucile August, the public recognizes tbat.it is a matter not of laws or codes alone but of the men who administer them. The Public's Part Our people must be brought ti real- Ire that the welfare of our country depends upon its banking system, that the strength of the banking system depends upon the public's faitb and understanding and the vast majority of banks, because of faithful service rendered. even through the whole of this general breakdown, had the right to expect the trust and confidence of the people. In every great catastrophe, no matter what its nature, no matter what its cause, someone must be crucified. The banker was this time selected. la the late 90's, political agitation started • tirade against the railroads. Some rail- The short experience has convinced, Mr and Mrs Frank Gonder of near many that they have embarked on a Wheeling visited Tuesday at the home suicidal policy when they agreed to jof the latter-s grandmother, Mrs. assume onerous burdens without any, Alice Baseley hope of relief. To pay increased wages j Mr and Mrg Petergon and chUdren 1o employes it is necessarj' to have:Robert and Rui of MinneapoliS( money to meet the payroll. Whatever; Minn > are ,sts q{ Mrg Carrie factories and shops had in reserve White at the Hubbard home- Thev funds three years ago find that the|aro a,Sf> attendjn(? the World>s Fair. drain of taxes and other expenses j uPnry stadtfeld and son, Dondunng extremely dull times has dnedjal(t afid M5ss Emma yQgt vJsjted ^ up these wells. The popular fallacy that industry has an infinite fund -to be dipped whenever the occasion dealives in Kankakee. last week. Mr. and Mrs. Geo. Blackburn and , , , , , , .i. . .. son, Glenn, spent Sunday afternoon at mands has been exploded within the .lhe Blackburn family home at month. Some factories m the vicinity, Arlington Heights. of the government propaganda mill| Mrs Anna Cage and Mrg MarshaU have signed and lacking aid from the S|nith motored McHenry Friday. local bankers just closed down throwing all employes «ut of work. Inquiry this week shows that the government has made provision for Mrs. Anna Hutchinson of Cary, the mother of Mrs. Vincent Davlin, is reported seriously ill. roads may have done reprehensible lF Robert Williams, son of Mr. and edefai funds available to all but the « « ? things, but the agitation became eo j small industries. It has been the | ^rat^nfc^^ xand so violent as almost to ; v,oac+ tvat tue National Recoverv Act'j n for appendicitis at the Condestroy of the f.nJ.m«.t.l factor. |MlL. banks'"8" Mem0^,i,1 l"","UI " L"bertyV"le in the progress of a country. Today banker. . . . . . i l a s t T u e s d a y . • uoue lo u,« : insurance compames and other f,nan- The Wednesda Afternoon Bunco In lspite of that has aap- \<?« ^«"»_w.ek .t the home of the Bame tljing has been done to the ^ . trow heavily but have apparently forpened. the fact remains that even most gotten ^ ^ aJ()ng_ Mrs. of the banks which failed are paying out infinitely bettej than are Investments in almost anything else. row for- Mrs Fred Refreshments were served and the usual good time ; pifblic utilities and other favored enjoyed, with Mrs. Grace Moffit and | classes have been assisted. The Home ; Mrs j^n ^en"given honors. ; Loan Bank Act has been criticized as| Robert & g{m of Mr ftnd Mrg the machinery m operation four j months and little actual relief grant- Fred Givens of Chicago was shot in the thigh while he and several boys were shooting at targets. Mrs. Heath and daughter of Buf- Bankers Aiding Agriculture ! State associ~a~ti ons' ofI .b anvk ers in ! ed to distressed apup luic an• ts. The i*n - many agriculit.u rali states are giving |i abilit*y of the small busin.e ss man . to „--. time and financial support to encour- i borrow on good security is ^crarripir.g ^a]0( Minn., were guests of Mrs. Ella "Sg§praclices¥mong'their farmers that j"1* upward turn and undermining,cady wek, and also attended the will bring about better farm results, -i P"Wic confidence in the whole scheme Fair The major activities reported from i *>' government ^policies. It has been j j0hn Sullivan of Chicago cut his one; state to the Agricultural Commis- ; predict eft that m the end possibly in i SCalp while going down a slide at the elon of the American Bankers Asso- i two years the government will bej^auconda heach on Tuesday. Severciation which is nationally active in o^'Bed to take over the management ml stitches were required to close the promoting this lin^ of cooperation are ot national panks in order to insure as foliows: • . j financial stability.. 1. Drought relief work : Local banks ' _ One of the phases of the National WILLIAM M. CARROL, Attorney State of Illinois, - County of McHenry, ss. In the County Court of. McHenry County, September Term, A.D., 1933. IN THE MATTER OF THE ESTATE OF HENRY M. WEGENER, Incompetent NOTICE TO WHOM IT MAY CONCERN, and HENRY M. WEGENER, BERNARD P. WEGENER, JOSEPH G. WEGENER, GEORGE J. WEGENER, ELIZABETH SCHWEIGHOFER, MARY McDERMOTT. YOU ARE HEREBY NOTIFIEP that the undersigned Conservator of the Estate of Henry M. Wegener, incompetent, has filed a Petition in the County Court of McHenry County, Illinois, in Probate, for leave to sell the following described Real Estate: An undivided 1-6 interest in Lot Number Four (4) of the County . Clerk's Plat of part of the South Half of Section Number Twenty- ,six (26), in Township Number Forty-five (45) North, of Range Number Eight (8), East of the Third Principal Meridian, said Plat filed for record in the Recorder's Office of McHenry County, Illinois, on May 6, 1902, and recorded in Book 2 of Plats on Page 38, (excepting and reserving therefrom that paH thereof dedicated to the Village of McHenry, by Dedication dated Octowound. Mr. and Mrs. Thomas Day* of Animosa, Iowa, visited Tuesday with the have played a vital part in this work. Industrial Recovery Act overlooked liter's sister, Mrs. Alice Baseley. .being represented on the county conimitteeB for passing on all seed loans. These committees met practically every day during the spring to pass on the loans in order to get as quick action as possible. A total of 914 applications were received and handled by one committee; 833 being granted. 2. Four-H Club work: Bankerj" helped stimulate 4-H Club work, financing many members who otherwise in the hurrah about men and jobs is ! the taxation feature. The act provides for taxes to defray the costs of administering the act and returns must be filed at an early date, j Efforts to abolish smaller post of- ; fices and delivery service in villages | as an economy measu^yhave gained little headway. Postmaster General -Farley has stated this week a survey shows they cannot properly., make could pot have enrolled. They also any further curtailment in the serhelped finance fifteen. 4-H Club dele- j vice. Incidentally Mr. Farley is engates to the state club convention. _ j deavoring to pacify his critics in , 8. Livestock feeding: The banks co- Congress by delivering laudatory operated with the Extension Service speeches about the legislative branch, id the state ,an{| the railroads in id- He probablv would gain more support creasing the amount of livestock feed- if he distributed jobs with the same lng. Assistance was given the Zeeders liberality as his words. In securing finances for their feeding | For the first time in mainy moons •operations. the patronage distributors are adher- 4. Crop improvement: The bankers jpg tp state ouotas. If you want a took part in the crop standardization government job without a Civil Serprogram of the Extension Service and vice test, it is necessary to pirdVe'you encouraged the farmers to use pure are a loyal Democrat, either worked seed, and in many cases made loans cr contributed to the party exchequer, Or t ig purpose. and have, the proper endorsement of local leaders and the two Senators from the state. Preference is given to pre-conyention Roosevelt boosters. ' r, Spoiled Children- ' "it Is easy to Impress the people," said HI Ho, the sage of Chinatown, "but they are often like children who love the promise of sweets and become fretful if there are not sufficient' to satisfy all."--Washington Star. Recorder's Office, in Book 10 of Miscellaneous Records on Page 247), said above described premises situated in the City of McHenry, in the County of McHenry, in the State of Illinois. : and the application for such leave under said Petition will be made to said Court in the County Court Room of said McHenry County in the Court House at Woodstock, Illinois, on the first Monday of September, A.D. 1933, at the hour of ten o'clock A. M., at which time and place you or any ol ycu may be present if you so see fit. D. F. QUINLAN, Conservator ef the Estate of Henry M. Wegener, Incompetent. ,12-3 POP'S BLOOD PRESSURE UP "I never <mw my husband so crazy mad as he was last night, or this morning, rather," said his wife. '•What was the matter," the neigh bor asked." - "Well," she replied* "that boy friend daughter went out with last night is oiie of his pet peeves, and about three o'clock this tnorhing daughter phoned they were fifteen miles out in the conn try, the gas tank was empty, boy friend had no money, and would dad please come tfut and tow them in. ! • «"-r---• ' \ "You know Bill Thompsonr Well, his wife Sarah jumped off the bridge Into the canal and--1'" , ; - •t "Poor Sarah!" . > . : ' "-And,a fellow passlng!J>y jumped in and saved her life.*' . / "Poor Bill."--Tid-BUs Magazine. Exhausted Supply v^Visitor (in village store)---A f»ftcket of small candles, please. Proprietor--There hain't a candle In the place, mum! Oldest Inhabitant 'ad 'is 'undredtb birthday party yesterday.--Punch. Easily Disposed Of • Young Wife (shrieking for help)-- Come quick, John, there's a beetle on the ceiling. Husband (absent-mindedly) -- All right, dear, put your foot on It.--Stray StevieSr Magazine. Some D« It ' ' . Housewife--I gave you a quarter last week and you look as disreputable as ever. Hobo--Well, lady, it's deuced hard breaking Into the smart set with 25 cents. CRUEL SLASH The Tall Oue--My face is my for tune. The Short One--You'll have no income tax to pay, my dear. . ' No Use "Work Is a nuisance. If only somebody would invent a machine that would only want a button pressed and the work wonKl he done!" "Yes, but who would press the but ton?"---Vienna Faun. • Civilising the Native* Explorer has discovered an^Africun tribe of men who beat the ground with sticks as a sign of anger.--News Item. Well, well! Fancy golf spreading to equatorial Africa!--Smith's Weekly (Sydney) Australia. Hard to Please "Billy, are you making your little bpother cry?" "No, ma'am. He's dug a hole and he's crying because he can't bring It into the house."--St. Louis Globe-Democrat. Fee to Match Phi a Customer--Your prices are exees- , 1C 1floc , , , • sive. Why, your charge, for face liftber 15, 1925, and recorded m- ins aid_ .• "¥ 18 fin^gmnniuii. Beautician--Possibly so but must remember so was your face. you Subscribe for The Plaindealer. Out of the Way Clairvoyant---Beware of a tall, dark man who will shortly cross your path. Client--Hadn't you better warn him to beware of me? I'm a chauffeur.-- Berliner ^iujs^ieite, 500 Island* Make Up Hebrides The Hebrides, the group of islands off the west coast of Scotland, number more than five hundred individual Islands. The far greater part, however, are unoccupied, only about one hundred being habitations of man.--Wash- Ington Star. . Scenes and Persons in the Current News 'Successful Game Preoerre . Tellowstone park is a most successful preserve of wild life. No tree! has been cut except when absolutely necessary and no rifle has been fired at > wild animal since 1894, except by Official hunters of predatory beasts. Knowing now that they are safe the apimals have become friendly with Mankind. Even the grizzlies, ^generally ferocious, have been proved By the park's experience to be inoffensive If •ot molested. • When Johnson Was Impeached Andrew Johnson was elected Vice President In 1864 and became President upon the death of Lincoln, April 15, 1865, He was impeached in 1868, and his trial before the senate began March 9 and ended in his acquittal on May 26 of that year! He had been spared by one vote, and continued thereafter to sit as President until the inauguration of his successor, Grant, on M•,pch,.4, 18G9. NOTICE TO STUDENTS I SHALL CONDUCT A FREE EYE CLINIC FOR ALL SCHOOL CHILDREN DURING THE NEXT THREE WEEKS Any student wishing £o know the condition of his eyes before starting school may attend this clinic, by filling in the slip beiow and presentlng same at my .office. Name of Wish Eyes Examined:, •Wish Glassps Adjusted Dre Paul Ae Schwabe, Optometrist Pries Bldg, McHenry. Hotel Bldg., Woodstock. Phone 674 YOU SAVE-- By supplying your present and future needs on items listed below if bought before September 1, as on that date the Cotton Process tax will be in effect^ which will raise prices to a higher level than they are now; .. ^ * , GW)LDEN STAR PERCALES, printed patteriisfyd. i ; STANDARD PERCALES, printed - plain colors 16^ PRINTED SUITINGS PRINTED WINDOW SCRIM - ' Jd. 20^- 28^ „ , A U1 yd. 15^ i9^ Men's Athletic Knit UNION SUITS, 95c value 79^ Men's 35c SHIRTS or SHORTS, each 25£ 95c Men's UNION SUITS, short sleeve, ankle lgth. Boys' Athletic UNION SUITS . 25c Men's Rayon Plated Socks, 25c vali» ......pr. 20(^ Boys' SHIRTS or SHORTS 19^ DISH CLOTHS ... 6 for 25* WASH CLOTHS ' • "V; 5^ GIRLS' WASH DRESSES, age 10 to 16^:^359^ HALF LINEN TOWELINQ- ' 10 yds. $1.09 Children's PLAY SUITS " • 5Q^ . 69^ Q-irls' PAJAMAS, fast color percale --.:.5©<^ JOHN STOFFEL •<« 4.4.4. 4.4,4.4. .y.. Read This and Save Money We are talking to you here about SJM* S6 tires, of which we have a complete line, all sizes all new and all guaranteed, at surprisingly low prices. Due to a rising market, the present " ^ prices are good only until September 1. ; The new Pathfinder is a bigger value than the old Pathfinder. It has the bigger safety margin of FULL CENTER TRACTION--bigger mileage from the 20 PER CENT THICKER TREAD--stouter body of heat-resisting Supertwist Cord--and other improvements that make .it a still better buy than the 17,000,000 Pathfinders that went before. ;,v; -"/ Look at the All-Weather values, also! This great thoroughbred--the1 finest tire that money can buy-- . waves an-alluring price tag. Whichever you want--Pathfinder or All-Weather-- frsemember this: More people are saving money with Goodyears than with any other kind. Come in or call McHenry 294 1 WALTER J. KRKUND Tire and Tube Vulcanizing, Battery Charging, Repairing Phone 294, West McHenry, Illinois \ YOU CAN SAVE \0% fC numtA/i/ itultviduaL GvmtmCtatwnTIckeA :v 1--Wild mob In a Havana street during the revolt that resulted In the ousting >>f I'rosidcnt Mactiado and his flight from Cuba. 2--"Miss Britain III," which Mr. Scott Paine is bringing from England to race Gar Wood's "Mtss-America" for the Harmsworth trophy. 3--Henry If. Harriman, president of the United States Chamber of Commerce, telling western business men the purposes of the government's recovery program. EFFECTIVE SEPT. 1st Ws here --the new monthly comma* tat ion ticket that meets the changing conditions in daily travel to and from downtown Chicago. Provides for 54 rides--makes possibles saving of 10 per cent over the 60-ri<l» ticket--satisfies the demand for a monthjf ticket that has few if any "leftovers . It's economical and practical--and vw# are confident our suburb*n^patrons will: welcome its advent. All C & N. W. Ticket Agents in subt#> i ban territory will have a supply of daft-: 54-ride tickets in ample time toe Sep* tember "commuting". ; ^THOMSON, Passenger Traffic Manage* 400 W. Madison St., Chicago n|| CHICAGO & NORTH WESTERN Ky.