CMPLD Local History Collection

Libertyville Independent, 31 Jul 1924, p. 11

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against the state, etc. he gr'aduully assumed bigger interests in farming, stock raising, !ruitgrowin;;thenuahuhn,unprmotc,dastn«wlim in his home town in the effort to help develop it; of his entrance :uil: growing; then as a banker, as a promoter of a street car line ---fhe-vcili;pfei'liim!on rhat: e s>-- is home town in the effort to help develop it; of his entrance legacy * Tok Into politics and of his gradual rise until he had become state %'g t.;;:i:.?:o"{n'g:'::{:i treasurer. s -- ce uw in amagese wbartorss ; _ _ They were flabbergasted as they heard him recite into the ::c'z'-:t.&.-mm? -':mu':i. t':o records the way he had worked for the interests of the folks of w?ummflfmm-g bis home community, then of the state; it didn't make them feel|which will be allotted to it by the Qfiodtoheuhimtellhowhewufintlmpmhadhkm; "'-{:.":n:.u?:';m:mu: : hwbcwuckcnhchrkdhhmq:howbewuprma Nf-Do'lt'l'fii'll;.m"'Yfl"'" rmlhnhkee Fair Association, then director and later president m:'"".' ';.'i",i,, m';g;'m:t:fi':t i eSuuAgfiaflwdAm;ficydda'tfihmwhhn l"""'l """"Il""l ol main-- QnythuhehadbmfudquniudSumehw mmdmgzum&&ouc':a'é And handled millions of federal money and turned back every dime T ,'I"'"" erecotion nUncle Sam; thcy'didn'tufidlhhaplalfionnwhdw.m m:wukrw found the big Chicago banks would not give collateral on state dereiee 1ht the Thanese me wl funds after he had become state treasurer, that he DID arrange mfll;'tojb' so. Therefore, there with a private bank which, under the law, COULD give collateral | pirat ana To paguen (ghd avalintle onmtefundl---mdnhcdepodtedfiththarbnkmdtookeol- in case it is erected to maintain it. lateral for every dollar of state money; they didn't like to hear u'.aflfn;".&u%":r him say how, when he took that collateral to his private safe in yrochw "Immg?"' Kmkakeethathephqedatwomimoaddhrimpofiqod umdhmtomu'": & anst Of course, under the Dowst yhat safe in order to protect the state of Ilinois® collateral, |-- | 1 se ompane ar the shopeity=rretwred i Mberthcydidn'tliketohmread-imothcevidmctbe Btatement of the governor that when he became«state treasurer much state money was in the old Chicago National Bank: (headed by the late John R. Walsh) and that he (Small) feared for the Bafety of the funds there; that because he felt the bank wasn't secure, he withdrew the state funds despite protests of his friends that_he leave them there. But he withdrew the funds before the trash came and subsequent developments showed that, had he jleft the state money there the assets would not have taken care of the state money at all. They didn't like to hear it explained that Len Smaill's wise move at that time saved the state millions pf dollars in the Walish crash which created such a panic in Chi-- cago. gave to his farmer friends his experience and assistance by being | : president of his county fair association for years and later became | president of the state agricultural association. It did not sound| good to them to let it become of record that Len Small workesl so f hard for his own community that he promoted an electric line in| furtherance of his desires to help his home folks. ho & It didn't "listen nice" to them to hear the governor mention the fact that after he stepped out as state treasurer, he returned to the state every dime that had been entrusted to him and that he had paid to the state every dime of interest money. that had been paid by the banks holding state money. __ _ It wasn't consoling to their ears to hear the governor state firmly and convincingly that he had never at any time conspired with the Curtis brothers to defraud the state of interest or other funds but that instead he had made a deal with them as bankers whereby he protected the state funds more positively than he could have protected them in the Chicago banks which had told him they didn't care to handle state funds and if they did that they did not intend or wish to give collateral covering those funds. It was new stuff for the records in this vicious case they've been conducting against the governor. And when they asked him if he was "one of the defendants" in this case the governor replied: "I guess I am THE defendant", --a thought went into the records which told a volume, namely : that Len Small has been picked as the one victim whereas all others equally involved. have never been called to the courts to submit themselves to similar questioning. And so the governor spoke with precision when he said he was "the" defendant--to date there seems to have been no other. » They disliked hearing Governor Small tell how he had been a real farmer, had started on a small scale, expanded in agricul-- tural lines and then started raising blooded stock; that he in turn *te County Independent « Failure of the prosecution to show where, the governor conspired with anybody to defraud the state; failure to show where the state did not get back every cent of state funds; failure to disprove the statement of the governor that all interest WAS PAID to the state--all these things did not set well on those legal lights who have followed the governor during his term of office as a snake follows a bird, ready to crush its life if given the least ~--_ Those attorneys may have had a few days before the Master | in Chantery which they could call their days; but it surely was the governor's day at Springfield, Tuesday, when his counsel de-- cided to let him go on the stand and tell the real story of his life and rise in business and politics; a story which showed that he succéeded in~many lines of business before becoming prominent politically, showing that he is a man of keen judgment and business acumen, one whose success is due to the fact that he has always shot fair; a man whose rise in politics came because of his irre-- proachable record at home and over the state for many years. We are glad the governor took the stand--the simple relation of his climib up the business and political 'ladder was of itself guffi-- ciently interesting to hear without any thought of the effect that tale has in connection with this suit. And the effect of that story on his case must be simply this: It is proof conclusive that his life has betn an open book, that his people have honored him be-- md&MMnflM«yamum f:--%o yuin nium. Vexsaume aNC * t '=] C t relative to retention of interest money, / * BEQUEST INWILL Counsel for Dowst Heirs Real-- ize City's Inability to Accept L e gacy . WILLING TO COMPROMISE The city of Waukegan apparently fSnds itself in the position of being unable to accept something for noth-- And, as A result, city officials are in a perplexed frame or mind, unce;-- tain as to which way to move, And so they are deliberating with care in the effort to reach the proper conclu sion as to what is best to be don#s in settling up a legacy made to the city by a public spirited citizen who had a certain amount of foresight but apparently lacked wisdom or judg-- ment in concluding just what a cor-- porate eity can do in the matter of executing details of a bequest which may be given by a citizen, _ i it. Now the city is financially em-- barassed and the chances are will eolma'to" be so. Therefore, there is no available to equip the hoz pital and not enough funds available in case it is erected to maintain it. . ;umcwommovg.lfl'"fl3 lwthobmhotsmlun'yhutlor' the City of Waukegan, and city oM-- clals cannot figure out how they can be justified in trying to feed it. _ _ Of course, under the Dowst will, the "balance of the property" refered ummmwmagotww kovan. until after the death of Mrs. kegan, until after the death of Mrs. Henry Green, a sister of Mr. Dowst. Nevertheless, in view of the situs tion, city officials are considering the matter and endeavoring to determine just what is the best thing to do.. . aPemce Sm m Om PR en Eiss toe SCn I Just how imuch the so called "bal ance of the estate" is, nobody at this time seems to know, reports are that it will run about $49,000. However it is argued that for $40,000 not much of a hospital could be erected ahd the total amount for equipping and mainiaining it would run far beyond that possibly 1@ a year. And the City bas no desire or. Bo means to erect a bospital due to the fact that at the present there, is such an emergency existing on the Victory Memorial Hospital. And the need for an additional hospital is not apparent from any angle. It is reported that suggestions have been made by heirs of Mr. Dowst, that the city forego its claim under. the will and instead accept a certain dmount of cash which could, be uti-- lized for any purpose that might be indicated. Just whether this could be done under the law is now being determined, but the feeling is general that it can be arranged. ' T "A Bird in tne Hand." 4 Certain city officials maintain that "@a bird in their bhand is worth two in a bush' and that a substantial sum of money, cash in hand, would be better for the City of Waukegan, at the pres ent time, than-- to hold off for some years until Mrs. Green: may have passed on, and then get a sum of money for the erection of an institu-- tion 'which the city does not mh want because it can't support it. Just how much the heirs will be ready and willing to pay the city of Waukegan, in lieu of its claim under the will, has not yet been determined. Howéver, among people who have discussed the situation, who have looked into the matter of the city be-- ing unable to maintain or. equipp a hospital of this sort, and also be cause there seems no particular ap-- parent need of this institation, in view of the operation of the Victory Memorial and the County Hospital, the feeling seems to be general that such a course as suggested might be the proper one for the city to follow, that of accepting a sum of money from the heirs and forego the provi-- sion of the will. & Mr. Dowst drew h:3 own will and each section of it was on a separate pilece of paper, all in his own hand writing. The fact that he provided for a bequest of this sort without looking in to the possibility of the city being unable to execute it, shows the importance of people with big estates consulting attorneys in the matter of wills etc. It is rather ap-- parent that no attorney would have allowed the execution of a will of this sort, without first knowing that the city was in a position to carry out his provision. ' It is said that the City Council is carefully considering this matter from every angle, and that most of them have come to the feeling that it is better to take what they can get in the way of cash which could be ap-- plied to water works improvements etc. than it would be to wait for fu-- ture development and then acquire what might be and certainly does ap-- pear would be, a white elephant on the city's hands. -- Progress, The man who is rendy to give plodge that the opinion he will hold tomorrow will be precisely the opin-- fon he holds today has elither thought very little, or to little purpose, or has resolved to quit thinking altogether,--= Helen Hunt Jackson, * Restdence and OfMce 1609 Wash . Ington St., Waukegan, I!J. DR. J. L REDDING YETERINARY SURGEON w O ) o @anso LBn eirs Real-- | W . . s' i ' ; . o Accept * l ® PROMISE f r lpparellly\ & c O e n of being ng for noth-- * Sn uncun ©0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 mind, unces» ove, And so ;:)lx?orc:(r)ficl':- § § t *' 0 k i | 1 J & * q ' [:;::,:*:.t'.::':' EPE -- [JP TCO : _ e es tCA w m ¥t fi *'After three months of remodeling, we have changed three _ ° -- M -- | store rooms into one. with a new steel ceiling, new lighting fix-- % -- tures, store front etc., and we now have the latest equipment . 0 known for a modern 5 and 10 cent Store. * & 4 _ ~'_ On account of the limited space in our old location, we were . _ unable to keep all departments complete, but in our new store a °_ ' you will find several new departments, and many new items in .. * -- O ; each department. The following are a few of the many.leaders, _ $ [ I which we offer for-- oo d -- . Opening Day Sale.} . _ 10c Large 5e 10 quart Galvanized Pail Large Granite Kettles and Pans Large 100 t beorurenivcttsibivetrctbent » 4 R e o w 7. | | .« sls ses 1 0 n : c t PHFa & & WWM.**WM C h k '/ t h C t \ ' x ' * # . ; M h ¥. A; M $( + § Abe-- ce y § i¥ $ . , . LX 'fi "MM S a *i j t : ".s 3g & M td 'eéfl & oc Unaai % ¥ M T . < 3 ks o l ')W'" ul $s / a o (" ; .' A @*s <¥. ) i itha 4 v 1 w oi M w o 4 £ f ';' iC\ Aadel ""'"g < en Loh t $rer d i t j F P l R _ ols . ".% f , " m us .. mm _ -- is m e e 4A * > Ce e is :/ 4. x) w w f ; ul .mt ds ! 10c 10c Kettles New Location:-- 104--106--108 N. Genesee Street. » , 9:30 A. m., August 2nd. i -- Ladies' Fibre Silk Hose Egch Hose 10c Palm Olive * Floor Mats Table Oil per bar 5C 10c ~-- Garge Huck -- Towels -- Mixing Bowls 10c Sunbrite Large Decorated B _ %Eichll Men's Fibre Silk Jis, 6# Large Table . 9 _ Glassware i 10c $ 10c Towels _ Oc se 3 1 38 t j*> A4 K4

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