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'w«f sri/Ty^i >*; ^ ^ • <.«*' . v nC » . ' -v - - % > . ; ; •» ' • * - . ' >" i * 'l*^3rte& A - 4r>.l ' • > ' ' ? • * • \ . * " N v ^ * ' * ' J' • « . ' /J> * *? % ? ,. - ;* ' '** ' J. '•*!- _ • v THE M'HENEY PLAINDEALER, THURSDAY, JAN. 30, 1930 BANKERS FIND 6R0UP BANKING WIDESPREAD Over 13 Billion Dollars of Bank Assets in Affiliated Systems numbering 1,850 Members-- ; ^Kl Nearly Every State* •S -•';X: 'V Over 1,850 banks with more than "jjf thirteen billion dollars hi resources »:? are shown to be associated with chain or group banking systems in tl;e United States in facts recontly gathered by the Economic Policy Conimis- Ltsi «ion of the American Bankers Association. The chairman of the cpmmlssion, R. S. Hecht of New Orleans, fS pointed out that the facts indicate that "almost IVz per cent of our banks and over 18 per cent of our banking re- .5-/ sources are in the great net of group : 1' or chain banking that now covers almost every part of the country," The commission's facts comprised chain and group banking affiliations in ^ the broadest sense of the term, the rer - .^.5 port said.' They included those groups Z which the controlling element was '4a particular bank, there being report- 5, s'^ed 78 instances of this class involving , ,' ^407 banks and about $6,473,000,000 in - "^combined banking resources. They \ "^Included also groups in which a non- ^banking holding company, not subsidiary to any particular bank, was in ^control a^d of this class 28 instances mere found, involving 3S0 banks and 'nearly $5,335,000,000 in resources. The .ire port also included groupings in •which control was exercised by Individual persons and these cases numbered 167, involving 1,071 banks and ' about $1,468,000,000 in assets. The Total Figures The total was over $13,275,000,009 la Aggregate resources. Some of the sys- - " Items comprised 50 to 100 banks each. iHead offices of the groups were found fn all jurisdictions, but nine of the ' i; States and the District of Columbia." "We have not included in these figures," the repoit says, "banking groups in which a commercial bank, a trust company and an investment Ihouse, and sometimes a savings bank. tied together by some form of ijstock holdings and operated as com- ^Iblementary elements in an organisation rendering complete financial serv- - Ices. We have held that such groups fare similar to a departmentalized bank end different in the purposes an^ operations from a chain or group bank- ^4ng system. ; • "For purposes of the present report ,?we define chain or group banks as syskems in which centralized control, pv;'whether corporate or personal and ^either rigid or informal, directs the ^operations of two or more complete v ..banks, not functionally complemeni' Vitary, each working on its own capital ,and under its own personnel and located in one or more cities or states." Commenting on the question whether the rapid development of chain banking was in the nature of a reac- ||# tlon against restrictions imposed on • branch banking by the banking laws ^% in many states the report says that .. observation does not wholly confirm this theory since chain banking is prevalent in some states where virfc- tually no restriction is imposed on branch banking, as well as in those where the establishment of branch * banks is prohibited. It adds: The Question of Branch Banking f : "" "However the facts do show that •;0 anti-branch banking laws have been a • factor in some cases, and probably in some sections, in the spread of chain banking. Instances have come to our •1 attention where expansion along chain , bank lines has been carried out by state banks whose expansion Along , branch bank lines was stopped by the § passing of state laws prohibiting fur- :: ther branches. Yet whether expansion % would have been along branch hank lines it the laws had imposed no bar- ^flers, it i» impossible to say. There $^Js obviously a well developed banking ; opinion in eoroe sectiQPS that the chain f 5 bank method brings to outlymg f.he strength and efficiency of a big ..,-7 organization without depriving them ..: fit their local individuality and sympa- ^ieti. In View of the mixed factors ; jioted, we feel it is unsafe to generalize as to what bearing branch banking oa ^aaW development*, k * "The recent era of rapid chain bank developments has Idlifld Specific reflectioii iii home state legislative actiott tending to restrict or control fclMdn or group banking. Also we find a sharp difference of opinion among state bank commissioners who have expressed their sentiments regarding chain banking." In a foreword to the report, issued in booklet form by the association at its New York City headquarters. Chairman Hecht says that "the Economic Policy. Commission does not take b stand ift advocacy of or in opposition to this new method of con- * centrating banking resources through the affiliation of banks into groups and chains, but is simply offering as a fact finding body what we believe is the first complete national picture gl this rapidly growing movement. --I SCHOOL SAVINGS GROW ST Aunt Tilda s Advice 6 By H. IRVING KING ooooooooooooooooooooooooob R (Copyright) EGINALD BROWN had been "keeping company" with Matilda Hawkins for two years now. They perfectly understood that they loved ench other and were ultimately to be married; though, the formal question on Reginald's parAand the formal assent on Matilda's bad never been spoken. The fact was that Reggie had not spoken because he had never, in all those two years, been in such a financial condition that he felt himself Justified tn spfeaking. To be in love with a girl whose parents had left her a fortune complicates matters. For some men Matilda's fortune would have been no complication at all. only an incentive to hasten the wedding. Bat Reggie was not of that sort. He hardly expected thst he would ever be able to give Matty--ai he called her--«ccb a luxurious Mine at that which she now enjoyed la the house of her great aunt. Reggie had been "bred to the law* but had never been able to establish himself In his profession. He was alone In the world and making heavy weather of It in his attempts to reach the haven of a modest competence. Reggie was desperate. He thought of going to Matty and telling her just how matters stood, of saying to her: "I am a failure--and shall always be one. It's no use. I love you too well to allow you to share my broken fortunes. or to cast' myjgelf as a burden upon your wealth. i&uJwould despise me if I did. and Justly so.n Had Matty known how affairs stood with Reggie she would have rushed to him. thrown herself and her wealth tft his feet and commanded him to take It and her. But she didn't know And, therefore, she was peeved. Having no mother to confide In she confided to Aunt Tilda. The old lady was delighted to be made the confidant In a love affair. "Oh, you dear child," cried the old lady. "oh. you delightful girl. Reggie is timid; that's all. Make him jealous, child. That'll bring him to time. There is Percy Deighton. He's In love with you, I know he is. Pretend to encourage him--and let Reggie see it. He'll speak then." "But would that be right?" demurred Mattjr. "to encourage the attentions of a man whom I did not Intend to marry?" "Oh. all's fair In lovt and war," laughed the old woman. "But what makes you think that Mr. Deighton is in love with me?" objected Matty, "he has never shown any--er--symptoms." "Oh. I know. I can tell," chuckled Aunt Tilda; "you go ahead and do as I say if you want your Reggie." Matty went away in deep thought She did not approve of her aunt's plan but then she did want Reggie. Now it so happened that Mr. Deighton was not in love with Matty at all. He was a man of forty-five, a widower and a prosperous lawyer who managed Aunt Tilda's business affairs for her. Tn this capacity, and that of a family friend, he was often at the Lawton home and had taken a fatherly interest in Matty, whose girlish beauty he admired and whose intelligent conversations he much enjoyed. That was all. He was, therefore, greatly surprised and not a tittle shocked and annoyed when he realized that Matty was obviously "setting her cap for him." "You did very well, very well. Indeed," said Aunt Tilda after the second of tbese embarrassing meetings. "Now, we must get Reggie and Deighton here together and you dp as well as you did today and we'll bring Reggie to book in no time." "Auntie, I can't and wont go on with this," said Matty. "What will Mr. Deighton think of me?" •Oh, I'll fix Deightot) all rtftot," returned the old lady. The next time Deighton called Atiul Tilda took him aside and told him the whole story, begging him to play his part In hfer little comedy. "Beally," said the lawyer, "1 f«ar I ftth t<ft itoor an actor to do as you request." But two days later Reggie ct\pie rushing to Matty, waving his hat and crying out, "Hurrah. We can get mar* rled now, Matty. I've got a Job as office manager for old Deighton at a gbod, fat salary--and If I make good, as I will, he says he Wjll take me lnto Npartnership later.* t x "Is this a proposal?" 'asked Matty. "It is." replied Reggie. "There," said Aunt Tfhfla that night to her niece, "I told tfou if ypu followed my advice Reggie would propose." ' 5' POULTRY 'EO3* FRESH AIR CURES .y CHICKEN'S COLDS Ventilation and Dry Litter Will Prevent Troubles. Cttickens are unlucky in the structure of their heads, for it makes thein susceptible to colds. Poultrymen should try to avoid conditions that Will bring on Qoldfe, says Dr. E. I.. Brunett, of the New York State College of Veterinary Medicine at Cornell university. In the head. In front of the brain cavity, are thin cones of bones located in chambers. The use of these chambers is to provide a space In which the inhaled air is warmed before it is taken into the lungs. When a chicken develops .a simple cold, an excessive amount of secretion forms in these cavities. As this Increases, the poor drainage of the cavities allows it to accumulate. This accumiu lation is an ideal place for bacteria to multiply and the resulting bacterial growth makes the foul odor which Is often present with roup. A sifaple cold may be avoided or corrected by increasing the\warmth with plenty of fresh air and providing plenty of dry litter. If the tirst stage is not checked the cold may end in roup with its characteristic head swelling and foul odors. The opinion that roup is a contagious disease is not well founded, according to Doctor Brunett, for there is usually some underlying condition that is indirectly responsible. This may be tuberculosis, or worms, but whatever the cause It should be removed before a cure can be expected. A third type of cold is more of a distinct disease, commonly known as bronchitis. This condition is acute and the birds die quickly. The cause of the disease is not known. The best treatment is to increase the temperature of the house, either by controlling the ventilation or by using brooder stoves. In the early part of the outbreak it is well to remove all sick birds and put them in heated brooder houses. Most of them will recover when placed in heatefd houses. Some disinfectants will give relief, but quack remedies should not be used. Investigate Cod Liver Oil for Laying Fowls The summary of experiments in England with c/od liver oil for laying hens, says: (1) Fowls not confined or in openfronted bouses do not require cod liver oil to prevent adult rickets. (2) Fowls confined behind ordinary glass require some adequate source of vitamine D. (3) The cod Uver oil mixed to the extent of 2 per cent of the grain feed supplied the vitamine D requirements of the fowls under experiment. (4) One per cent of medical cod liver oil in the scratch feed may not be sufficient to meet the requirements of layers confined behind window glass. The source of oil used may be a factor. (5) It is not possible to state if cod liver oil is beneficial to fowls not confined or In open-fronted pens getting a normal ration that includes green food. Indian Ruler Famous for Astronomical Study There lived In India, in the Seventeenth century, a ruler known as Maharajah Jal Singh II, and being keenly Interested in astronomy he evolved a series of structures which, though not now used for practical purposes. constitute the most unique astronomical Instruments in existence. He appears to have colleotei all kinds of astronomical books, and sent some workers to foreign countries to gather Information. Having determined the kind of instruments required on which to make the necessary recording of the movements of the heavenly bodies, he selected five places in India as the centers In which the observations should be .taken. The first he built at Delhi/and then others In Juipift. UJain, Benares, and Mathura. The observatories In Delhi and Jaipur have been carefully restored. In addition to a number of metal instruments he erected large masonry Instruments, some of them as high as 90 feet. Very careful records were made of the observations of bis staff of workers, and modern astronomers have expressed surprise at the valuable Information thus collected. The ruler responsible for these Interesting Instruments died In 1743 and his wives, concubines and science expired with him on his funeral pyre. SLOCUM'S LAKE Ray Dowell was a caller at Grayslake last Thursday. Mr. and Mrs. H. L. Brooks were callers at Grayslake Tuesday. Earl Converse was a caller at Barrington Saturday. Chesney Brooks and Oatis Phillips were callers at Crystal Lake and Mc- Henry last Wednesday. Mr. and Mrs. Ray Dowell were callers at McHenry Saturday. Leslie F.oss was a caller at Janesville, Wis., recently and brought back a Chevrolet truck for Frank Mulholland. Leon Monahon ol Barrington spent Thursday at the home of Mr. and M<rs. Henry Geary. In the evening Mr. and Mrs. Jack Geary accompanied him to McHenry. ^ Mrs. G. J. Burnett spent a few days last week at the home of Dr. and MTS. Brunswick near Crystal Lake. Mrs. Raymond Lusk and daughter, Betty Lou, of-near Round Lake spent a few days last week at the Blomgren home. Paul Brann of Greenwood, Ind., called at the home of Mr. and Mrs. BL L. Brooks and Mr. and Mrs. W. E. Brooks last Monday. Mr. «and Mrs. J. D. Williams and son, James Howard, of Crystal Lake were Sunday guests at the home of Mris. Clara Smith. Miss Pearl Foss of near Mundelein spent the week-end at her home here. Mr. and Mrs. Jay Cook of Judith Gap, Mont., spent Saturday at the h6me of Mr. and Mrs. W. E. Brooks.1 Mr. and Mrs. Lyle Litwiler of Round Lake visited at the home of Mr. and Mrs. G. J. Burnett last Wednesday. Harold Wheelock and four friends of Chicago and Mir. and Mrs. Allen Fall# of Niagara ai r Pictured by Hennepin Father Louis Hennepin saw Niagara when he went West to the upper Mississippi with La Salle's expedition in 1679. He had a poor eye for distances, for In successive narratives he measures Niagara's height as 500 and | 600 feet, Instead of its maximum of , , „ _ _ , . 162, but he had a flair for vivid word Hayford and MTS. E. F. Ma.-taws of Crystal Lake were Sunday callers at the home of Mr. and Mrs. Harry Matthews. Mr. and Mrs. John Zimmer and son, Leo, of Barrington, Harry Geary of Grayslake, Mr. and Mrs. Henry J. •Schaffer and Mirs. John R. Knox of MlcHenry spent Sunday in the home of Mr. and Mrs. Henry Geary. Mrs. Knox remained for a few days with her parents. Mrs. George Scheid and Mrs. Milton Dowell of Wauconda visited at the home of Mr. and Mrs. Ray Dowell. Mr. and M!rs. A. W. Foss of Libertyville were Sunday callers at the home of the former's parents .here. Mrs. Harry Matthews was a caller at the home of Mrs, Arthur Boehmer at Wauconda last Thursday. Mr. and Mrs. John Blomgren were Sunday dinner guests at the home of Mr. and Mrs. Peter Anderson at Algonquin. Mr. and MTS. John Blbmgren, Mr. and Mrs. Willard Darrell, Harry Matthews and Mlrs. LaDoyt Matthews af Crystal Lake attended the annual meeting and dinner of the Lake Co. farm bureau at Grayslake Friday. ' Mr. and Mrs. Page Smith spent Monday at Lake Bluff. •*' Chesney Brooks attended the golden wedding of Mr. and Mrs. W. W. Birkett at Shell Lake, Wis., Monday. Mr. and Mrs. Page Smith and son, ^Claire, attended the funeral of t)onald Ferron at Elgin last Wednesday. Leon George Smith spent a few days last week at the home of hi3 father, Leon Smith, in Fremont township. pictures: "Betwixt the Lake Ontario and Erie there is a vast and prodigious cadence of water which falls down after a surprising and astonishing manner, informuch that the universe does not afford its parallel. 'Tis true Italy and Switzerland boast of some such things, but we may well say they are but sorry patterns when compared to this of which we now s p e a k . . . . It (the River Niagara) Is so, rapid above the descent that It violently hurries down the wild beasts while endeavoring to pass it to feed on the other side, they not being able to withstand the force of itls current, which inevitably casts them down headlong above 600 . ,w--New York Times. From Bad to Worse . A rich old Chinese mandarin had twi> wives. Said the first to him one day: "I wish you had not so many gray hairs. People Jeer at me and call me an old man's darling." "In that case, my dear," he said, "I will pull them all out." And he did so. Shortly afterwards his second wife came to him complaining that now he had only black hairs on his head, she looked, by contrast, a horribly old woman. "Don't worry, iriy dear. I will pull them out." he (sald soothingly. But when he had pulled out all the gray and all the black hairs the mandarin was completely bald. xAnd neither of his wives would have any more to do with him. A total of 4,222,935 school children participated in school savings banking In the United States during the last school year, depositing $28,672,496 and rolling up net savings of $10,539,928. bringing total bank balances now credited to this movement to above 50 million dollars, according to the annual report of the Savings Bank division of the American Bankers Association. Schools to the number of 1S,- 697 are enrolled in the plan. I Cav* Fraac* N*w Disk Sauerkraut was Introduced Into france by the German Princess Elizabeth, daughter of the Elector Palatine, who married a brother of Louis The Gho«t The old argument as to whether •ijBwInwpeare wrote his own stuff has been rtrtt**d. but no far no one has dbmrgnat! Vatnym with being his ghost N* Time An Indianapolis business man known for rigorous allegiance to his duties, was asked how he found time to go to the movlee with his wife almost every <,week. "Well, you see. It's this way: I find It doesn't take any more time to go than to hear the whole story of the thing after my wife retairn%!Wladian apolis News. Healthy Chick Program t ' Brings Higher Returns Health sticks to clean chicks! By following four simple points in brooding poultrymen can save 00 per cent of their chicks. Not only more chicks will be saved but they will be aore profitable birds to keep as layers and breeders. Grow them clean, and health and vigor will go with them through life. The foiit points In the Kansas "healthy chick" program calls for clean houses, clean ground, and clean fee& By following thfeSe four simple rales egg prbdtictloh has been increased $0 eggs t>er bird in farm flocks, ^this . increase at 25 cents per dor^fe means an additional return of Gt tents for hin. 11 Move Brooder Houses Brooder hoW<es are commonly made movable in Y>rder to change their location and keep the ^hicks on dean ground. But much of the convenience of a brooder house is lost when it Is moved |o a point distant from other farm buildings. The problem of finding clean ground and keeping it free from disease germs is a difficult one under average farm conditions, but It Is a sure "road to success. -- Chalk That Ujp Pat O'Hara and Mike Murphy (who strangely enough, were Irishmen) had taken jobs at a colliery. Pat one morning broke his shovel when he was down In the mine. He was too lazy, however, to take It to the surface with him, so he left it for bis friend, writing on it in chalk: "Take my shovel out, Mike, I've forgotten it!" But friend Michael/knew Pat of old, and refused to be caught by such a trick. So he rubbed the message off and substituted one of his own: "Take It out yourself I've neVsr seen It."--London Answers. Temptation Too Great Cj for Presiding A bachelor, who is the best maker of decoy ducks on the Mouth shore of Boston, is i also the presiding officer of the board of trustees of his church. When a street widening demanded a strip off the front edge of the church property, a meeting of the trustees was held to consider it. "Well, made a sale, did ye?1' next day asked one of those curious citteens who want to know. "Well, I dont know," said the churchman. "Why, they going td take the land, anyway?" "I'm not exactly sure." "Held a meeting last night, didn't ye?" "Oh, yes--held a meeting, all right" "Warn't you "Yes, I was." *. / $ "Well, then--^ X,. "I'll tell yon," 8al#'WS<#'lB«6k' "I took the chair, and opened the meeting, and then I got a chance to ride home, so I left, and I don't really. know just what they did do." * -- . *\ > , . , , < i? i lUwdljr Doesn't Pay " j " "A cheat." said Hi Ho. ti* s£$NFf Chinatown, "may deceive others, but he must forfeit the respect of the one person whose esteem means most-- himself."--Washington Star. '"N End of Revolution New York was the last city to sahjlSr the national colors, as the Brltlatk were in control of that city until November 25. 1783, but at three o'clock of that day the Americans took po*. session and the Stars and Stripes wmmhoisted over the city and duly recognized and honored. Old Boob • Books that are worn and yet are not i to be thrown away can be l^e> quered and made to look like new. Even though the backs need to be repaired with cloth they can be over with the lacquer and will not be possible. f laaovatloae It wqinr good, therefore, that njimiiri their innovations would follow the example of ,tlme itself, which Indeed ianovateth greatly, but quietly and by degrees scarce to be perceived.--Francis Bacon, (1561-1626.) "Of Innovation." ""•'- ^Heaaee' to fkaltfc - Invisible clouds of carbon monoxide given off by motors standing In trafle blocks are stated to be a growing dagger in large towns. Experiments on a guinea pig in a traffic jam showed that gas Intoxication took place three mlnntes. * /•> m See *he ew Frigidair- models at is stores PUBLIC SERVICE COMPANY OF NORTHERN ILLINOIS E. J. LARKIN, Dist. Mgr. T~ 101 Williams St., Crystal Lak< Crystal Lake Phone 280 f T T T T T T i Lester Edlnger Navajo Indian LdOfe The Smithsonian Institution Says; "The Yebechal are nature gods of the Navajo whose chief function is healin the Bltk. Wife 'So-called Yebechal 'danctt fa A fceremony for this purpose, tip ft Some years ago representations of the gods were painted in colored sands at the ceremony and wiped out at the close. Later, the Navajo began to weave the Yebechal figures in rugs for sale. These rugs are usually made on a hand loom. This may easily be told if the designs are alike on tyotli sides as to form and color. Such specimens were never common." 1 Worth While Quotation Are not all true men that live, ot that ever lived, soldiers of the same army, enlisted under God's captalnc> to do battle against the same enemy--the empire of darkness anc wrong? Why should we misknow one another--fight, not against tht enemy, but against ourselves, fron mere difference of uniform?--Carlyle Lead Absorb* the Sheik In the construction of a skyscraper In New York city, 55 tons of lead was utilized In protecting the steel from shock, which also means that the comfort of the occupants has been taken care of. The metal is made use of in the form of a mattress between the steel and the foundations. !Prevent Cannibalism Cannibalism may develop In a large bunch of chicks, no matter how completely fed or how free from parasites. The liberal use of tar Is about as effective as anything in checking It. Watch many times a day for those that have been picked enough to draw blood and daub the tar on the wounds. If you can find something that the chicks dislike the taste of more than tar, use it. If that fails try paring off the point of the upper mandible, using care not to get too deep. Good Grounds The young wife was seeking a separation from her husband on the grounds of cruelty. "But Isn't your husband the captain of Brownton Harlequins?" asked the judge, with awe, being himself a keen follower of rugby football. "Yes, your honor," was the reply; "and that was where the trouble started. I could do with him showing me how well he had tackled by tackling the dog; but when he used baby to show me how he threw the ball into the scru«i--well, tint fenk the end."--London Mull. Former Waste Utilised oil, said to be agreeable of flavor, Is now being manufactured from fine nut fragments formerly regarde|, s a» waste at T.as Liar or Bachelor hear a man say he alwayf own way you know be lies or Have you a house to rent? Try a else he'B a bachelor.--Atchison County ad. / „ 1 MaUT T Tf • f T T T t T T •f T V T T T f tf OF McHENRY COUNTY Tin Cans Salvaged , Salvaging riHUlftns of til cans around Western mining camp3 has been found a profitable business. The process recovers both the tin and the steel, an average of three tons of tin being recovered weekly and molded Into ingots to be used for making new cans.--Popular Mechanics Magazine. V Inseparable The head, and the heart, are not more vitally connected than thought \nd virtue.--jWilliam JSllery Changing. Think It Over1 We can better help another by fanning a glimmer of goodness than by censuring his faults. To the Voters of MtHrti1ry4Co«nty» Because of the repeated urging® of my friends, and because of their assurances of their whole-hearted support, and because of their satisfaction of the manner in which the office of Sheriff was conducted du*> ing my former incumbency, I announce myself as |i candidate for Sheriff of McHenry County, Illinois, at the Primaries to be held on April 8, 1930^ , K elected, I will conduct Ae office of Sherif honesdy, promptly, efficiendy and' without fear ' without favor. * .- 1 sincerelyvHope to meet all of the - ; ifie campaign, and respectfuUy: t^st and will appreciate any support given me. * , LESTER EDINGER /•. i