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

Youth Group Gives Concert At Great Financial Panic Covenant Church In Illinois History The Chain O'Lakes Covenant church, 4815 N. Wilpiot road, l'v miles north of Johnsburg, will sponsor a concert, Oct. 13, at 8 p.m. given by the Son Company of South Park church, Park Ridge. The company is comprised of local talented young people, from freshman in high school on up through those in their early twenties. Under the direction of Dave Holmbo, this group of en­ thusiastic young people, present the gospel of Jesus Christ in song and dialogue in a very unique and contemporary way. Included in this group of fifty young people are several ensembles: one all-female, two all-male and one mixed en­ semble, along with several musical instruments. There are two string guitars, one bass guitar, a tambourine, a flute, three brass instruments and a set of drums. The piano ac­ companiment is played by their director, Dave, along with an electric piano. Dave and his wife, Sue, joined in the music ministry of South ftirk church in December of 1971. Dave received his Bachelor Degree in secondary education with a major in music at Northeastern Illinois University in Chicago. He is a very talented young man and writes most of the music used by the Son Com­ pany. Dave has a great rapport with young people and God is using him in a marvelous way at South Park church. The Son Company has been well received in the many concerts they have presented in various churches, schools and camps throughout this area. Their enthusiasm and love for Jesus Christ is most evident in each of their faces. The main purpose and aim of The Son Company is to show and to tell others what Christ means in their own lives and what a difference there is when "The Son" (Jesus Christ) comes in The Son Company will be at the Chain O'Lakes Covenant church, Saturday, Oct. 13, at 8 p.m. Casework Task Force Formed For Public Aid Dept. The Illinois Department of Public Aid has organized a casework task force to handle emergencies resulting from the flat grant welfare system which officially went into effect Monday, Oct. 1. Undoubtedly, the news media will receive inquiries from welfare recipients and reports con­ cerning hardships resulting from the new system. The task force will look into these situations immediately to determine what action can be* taken and will work out problems until procedures are established at the local level. As a service to assistance families, reporters and other personnel who receive in­ formation about emergencies ar£ asked to do two things: first, make certain the caller has notified his or her caseworker of the situation; second, if the caller says the caseworker cannot be reached or cannot resolve the problem, please make every effort to obtain a name, address, case number, and telephone number where the caller can be reached. This information should be telephoned (collect) to the Office of Public In­ formation in Springfield (217- 525-3458) or the Cook County public information office at 368- 1551, Terminal 7 or 8. General inquiries about the flat grant The big news in Illinois one hundred years ago - October, 1873 -- was the famous financial panic that had started in the East in mid-September and was beginning to be felt in the Midwest. Although the newspapers did not then suspect it, the Panic of 1873 was to be followed by one of the worst depressions in the nation's history. The basic causes were world­ wide: the American Civil War and the Franco-Prussian and Austro-Prussian wars in Europe ; the opening of the Suez Canal; and overinvestment in railroads in Europe, South America, and the United States -- as well as other forms of speculation. The first result was the failure of several large eastern firms followed by a 10- day closing of the New York Stock Exchange. The development of Illinois' share in this catastrophe can be traced in the files of more than 110 newspapers of the period in the Illinois State Historical Library's collection of some 40,000 reels of microfilm of the state's newspapers. The era was at the beginning o f Illinoisan Ulysses S. Grant's second term as president -- he was inaugurated the preceding March 4. John L. Beveridge, Illinois' lieutenant governor, had become governor on Jan. 23, when Richard J. Oglesby resigned ten days into his second term to accept a seat in the U.S. Senate. Chicago had been practically reconstructed since the Great Fire of October, 1871, and to celebrate this accomplishment a "Great Inter-State Industrial Ex­ position" was being held. The railroads were running special excursion trains to the city. With each issue most newspapers professed to see signs that business was im­ proving but at the same time they were reporting new bankruptcies. Many Illinois banks either closed or suspended operations. When the Aurora correspondent for the Chicago Inter-Ocean saw a local bank president hurrying downtown early one morning he became alarmed but learned "the man of greenbacks had forgotten the previous evening to get any beefsteak for break­ fast." That "man of green­ backs" possibly had other worries but he probably did not have to worry too much about the price of "beefsteak for breakfast." During that Oc­ tober prime 3 to 5-year-old steers weighing 1,200 to 1,400 pounds were selling for $5.25 to $5.60 per hundred pounds. The price of wheat was 93 cents to $1.05 per bushel, depending on quality, andkCorn was selling for 36 cents a bushel. After a survey of the finan­ cial district the Chicago Tribune proclaimed on Oct. 2 that "The worst is over." A week later the Illinois State Journal (Springfield) com- I mented, "While the recent | panic afforded an excellent - opportunity for a suspension of church and benevolent con­ tributions, no places of system coming through the news media should be referred to the Springfield number. The family with a problem will be notified immediately that the task force is looking into the situation, and the news media contact submitting the inquiry will receive a follow-up report within two weeks on action taken. The task force will be intouch' with the family's caseworker and with the family,'"as necessary, to make certain information is ^complete and current. LIVE ENTERTAINMENT r /Fri 7 The Vic Spencer Trio Friday & Saturday Nites McHENRY COUNTRY CLUB (Open To The Public) 820 N. John St. 385-1072 McHeniy amusement were closed, nor were their receipts diminished in consequence of the monetary scare." Advertisements in the Tribune that month were for a variety of entertainment fare. The Globe, which called itself "the People's Theater," was showing "Ned Buntline and His Dashing Scouts." McVicker's Theater was presenting a revival of "last season's greatest success, 'Saratoga.' " The show at Hooley's Theater -- "The Parlor Home of Comedy" - was "H.A. Webber's powerful dramatization of Wilkie Collins' Great Novel, 'Man and Wife.' " Entertaining at Myers' Opera House were Arlington, Cooton and Kemble's Minstrels. At that time the Illinois State Journal published a column on page 2 of each issue titled "State News" and consisting of one-sentence notes. Some samples from October, 1873: "Fox hunting is coming in vogue in Macon county." Wolves have been troublesome in some parts of Lake county of Scenic Wonders Of Ireland, Scotland Viewed By H. Kirk Hugh Kirk has just returned from Ireland and Scotland where he drove more than 1,400 miles enjoying the scenic wonders. Noticeable was a lack of the urge to hurry as found in United States, also the great number of small independent shops and stores. This held true on the farms as well. The small farmer is still able to make out, the grasses were lush and the cattle plump and firm. The fences in Scotland were all of stone and rock. In Ireland there were mostly trees, bushes and brush, too thick to penetrate. The butcher shops stirred memories of a long time ago. Whole carcasses of lambs and pigs and great quarters of beef hung openly on hooks in the store. Rabbits hung on the outside and the floors were covered with sawdust. late." "The Sandwich, DeKalb c o u n t y , E n t e r p r i s e Manufacturing Company are shipping their wind mills to California." "Rock Islaqd arrested fifty-six evil doers'last month and squeezed $123 out of them." "Milk at Sycamore, DeKalb county , is worth one cent per pound." And "Danville has a stocking factory with a capacity of seventy-five dozen pairs per week." I»\<;K !.*» - PLAIN DEALER-WEDNESDAY. OCTOBER 10. 1973 Another treat was seeing the grain all shocked neatly in the fields and the milk being brought daily each morning to the creamery in little two wheeled carts drawn by small donkeys. Much of Scotland was a purplish pink with heather while Ireland never lacked for much rich. rich green everywhere. More observances from Mr. Krik next week. V.A. NEWS EDITORS NOTE: Veterans and their families are asking thousands of questions con­ cerning the benefits their Government provides for I hem through the Veterans Ad­ ministration. Below are some representative queries. Ad­ ditional information may be obtained at any VA office. Q - Do service-disabled military retirees have to waive part of their retirement pay to qualify for the $150 annual clothing allowance paid by the Veterans Administration"' A -- No. However, like veterans who draw VA com­ pensation for service connected disabilities, they must apply for this benefit. Q - The Veterans Ad­ ministration stopped approving GI home loans in July. Why, and when will these loans be available again9 4-H NEWS CHERRY VALLEY CLUB Our last meeting was held in the home of Don Limbaugh. New members were in­ troduced. They are Kristen Limbaugh. Lynell Limbaugh. Mike Atchison and Martha Hoag. Guests were also in­ troduced. Don Limbaugh gave a report on the tour to Mark's Honda shop in Woodstock. Bill Seh­ muhl gave a report on the tour of Northern Pump Farms. A window display committee was appointed. Committee members are chairman. Julie Hoag: Laura Kuhns, Andy A -- VA temporarily withheld final approval of loans because Congress recessed June 30 without extending the agency's authority to set interest rates, causing the rate to revert to six percent Approval of loans was resumed July 26. 1973. when PL 93-75 extended this authority (current rate 7 75 percent) Q -- Under what cir­ cumstances does a veteran qualify for an additional $150 in burial allowances'7 A -- Under a law signed June 18. 1973, the Veterans Ad­ ministration on August 1 began paying a plot or interment allowance of $150 (in addition to established maximum $250 allowance) for eligible veterans not buried in national cemeteries or cemeteries under jurisdiction of the United States. Hoag. Julie Kuhns and Elaine Limbaugh. It was voted unanimously to have a hayride party in Oc­ tober. Committee members are chairman, Don Limbaugh; Bill Sehmuhl, Carol Gable. Susie Schiller and Neil Wright An election for new officers was held They are president, Elaine Limbaugh; vice- president. Neil Wright; secretary, Janice Atchison; treasurer, Don Limbaugh, Sunshine chairman. Diane Christiansen. Recreation chairmen. Tammy Schiller and Robin Sehmuhl and reporter. Lora Schiller. Lora Schiller Club Reporter The 4 Corners 4-H club held their election of officers at the Oct. 1 meeting. Elected to serve were: Cindy Miller, president; Dan Noster, vice-president. Kathi Noster. secretary; A1 Schmitt, treasurer; Mike Morris, reporter; Lisa Soland. refreshment chairman; Tim Noster. recreation chairman and Sandy Parfrey. flag chairman Discussions were held on what the members remem bered from last year's ac­ tivities. During recreation time, members played a game where calendars were torn apart and placed on a pile The first member to get all the months in order was the winner. Four winners were announced. Refreshments served by Mrs Schmitt included a banana nut cake and kool-aid. Mike Morris, Scribe YOU DON'T HAVE TO GO ANY FARTHER THAN CRYSTAL LAKE TO GET A F IRST FEDERAL INVESTMENT CERTIF ICATE GUARANTEES TO PAY 9% ANNUAL RATE OF INTEREST UNTIL DECEMBER 31 , 1973 , ON DEPOSITS OF S25000R MORE. THERE WILL ONLY BE A L IMITED NUMBER OF THESE B IG INTEREST CERTIF ICATES AVAILABLE, SO ACT NOW. BEGINNING JANUARY 1 , 1974 , AND FOR EACH CALENDAR QUARTER THEREAFTER, AND UNTIL MATURITY, THERE WILL BE A NEW ANNUAL RATE COMPUTED. THIS RATE WILL BE EQUAL TO THE AVERAGE 3 MONTH U.S . TREASURY B ILL Y IELD DURING THE PREVIOUS THREE MONTHS ADJUSTED TO THE NEAREST V* OF 1%. IF TREASURY B ILL Y IELDS CONTINUE TO RISE, YOUR RATE WILL GO UP, BUT IF TREASURY B ILL Y IELDS GO DOWN YOU ARE STILL GUARANTEED THAT YOUR ACCOUNT WILL NEVER EARN LESS THAN OUR THEN CURRENT ANNUAL RATE ON REGULAR PASSBOOK SAVINGS. INTEREST MAY BE PAID QUARTERLY BY CHECK, OR IF YOU WISH, YOU MAY LEAVE IT TO COMPOUND UNTIL MATURITY. CERTIF ICATES WITHDRAWN BEFORE MATURITY WILL ST ILL EARN AT THE REGULAR PASSBOOK RATE FROM DATE OF ISSUE, LESS 90 DAYS INTEREST. WE CAN TRANSFER YOUR FUNDS FROM ANY BANK OR OTHER SAVINGS INSTITUTION. COME IN TODAY AND TALK WITH ONE OF OUR SAVINGS ADVISORS. FEDERAL SAVINGS & LOAN A ' i H O l A T . ( > OF CRYSTAL LAKE :f§ Es tab l i shed 1952 as Crys ta l Lake Sav ings & Loan Assoc ia t i on 1 EAST CRYSTAL LAKE AVENUE TF I F PHONF 469 MOO i