The Weatherford News (Weatherford, Okla.), Vol. 38, No. 14, Ed. 1 Thursday, April 8, 1937 Page: 2 of 8
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PACE TWO ' nr: WHATIMIZFORD NEWS THURSDAY APRIL R 1037
NUE WEATIIERFOltD NL'ISTS
-
City Phone 74 Rural Phone 74 STORM SIGNALS by A B Chapin
0(1611 11 41 11 411
Jamee Oreddock 7-97-'- - -
Publisher-Editor
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L Entered at the Weatherford Oklahoma rostoffice as second clams 7 k
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Dial! PUBLISHED EVERY THURSDAY matter i ?: ?
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Subscriptimi
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Rates : (strictly in advanee) 1 ---
'7' ' ' -t2e0Ar--4oz ae:rAR' 41
Stet el Oldahoma pe r year 00 r1?:
1L 41 7df ''' g"117: -- -
State of Oklahoma six months $1
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Outside Oklahoma per year $100 -' - 7'''''4411' !":4444417-5-Ar!"'rIP'P' '' 0
Outside W n
e Oklahmmex mnthe 75 - '-- e--- --'-- : 10001t02- '9110
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11- ow Arrivr ' - '4"die 4 Faiti 1- -'' ' n
All unsolicited manuecripte lettere and pictures 'fent to The '' 4 est eor'i - - - -
) Milo O Watmon In the Harper a oingle pammenger hue been car-
News are sent at the risk of the owner The News repudiates any 'X ' I' i7 ' ''5---r0964405tr4 Zv c County Journal etatem that the ried on the line for over a year
---- --sw 11-0
reeponsibility for their safe custody or return 4 '- 1
'' 4''4' i--7'11Tifleisdatellpilimoseiremonfoiw American people have come to be Several weeks no go the state cur-
snollobw“ -44 '' ' - - 41PVA010-101010giradbiranOtA well known because of their habit poration commimmion gave the
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of locking barn doors after the railway company permismion to
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it4 y 4 home hat been stolen abandon the line The Kinglimher- We wait until gam accumulate m Cashion line was 102 miles in
r"7"-177-- of Awe cut
‘ - - In a defective heating eystem of length
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" rri:173-11:XIC Z-'il i " tll LIVsliii LI L1miyi1 'it -- - - - a mehool and kille off over 400
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41e--!-" '' ' of the young people m
le of a comu- The Medford school is the only
4-' "rmi r v et oft con4m14 4 42 4 A --- 1p ' v 4
-141 '''""1' ' nity before anything is done one ever attended by C Lee Wil-
11' I
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us ci-
4 tibout it Then a "eweeping in- son now of Omwego Ore whom°
vestigation" im hold first book "Dark World and
0 Lic Es
Alt0L ----
11--tz-- - We wait until a dozen or more' Wid" as e w melieduled to be releamed
0' 4 4-'1' lw
'":0"' 0--- --7‘- 1- luxury air liners cramh Into the Friday April 2 by the Caxton
Ia IliP ----r17-:' '-k- - - —4 aide of mountahie killing scoring Propel of Clad well Mello
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ARToN f pammengerm find destroying pub- Wilson moved from Medford to
i' 4 4 4 ''- J! '"s-ks- - ordia Jo"' -- - tts lie confidence in air commerce be- Nutchinmon Rawl and from
i - "N '''' 4 --------'--:--
fore an nttempt is made to do- there to Oregon where he im now
! S atillt PAS
' "'1' '" 1 1 011:1: let -r- --- 410- L-77--------"-'-'-0 7:- '''46---0 termine whether a defective radio engaged in the conmtruction bumf-
I' '114411) till 0111" r I stir z:r i - —1----- signal system might be in opera- nem Ile im fit prement directing
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PACTI TWO
THE WEATHERFORD NEWS
city Phone 74 Rural Phone 74
Entered at the Weatherford
Dial! matter
PUBLISHED
Subscripthed Rates:
State Of Oldahoma per year
State of Oklahoma six months
Outside Oklahoma per year
Outside Okla lima six months
All unsolicited manuscripts letters and pictures sent to The
News are sent at the risk of the owner The Nows repudiates any
responsibility for their safe custody or return
E Pq
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IT I OOKS EASY BUT IS rr?
A friend who is president of a watch company tells me that
fifty-nine concerns have been engaged In the manufacture of
watches in tide country in the past hundred years and that (oily
three survive The automobile industry has R similar story Count
up some day the cars you can ren let nber which now are no mom
It will surprise you
There is not such thing ns the terrible "profit system" against
which the reformers make so much fume' There is a "profit and
loss mysteni" and the losses in any industry over a period of
years probably aro greater than the profits Making money 114 not
easy Since my graduation from college I have taken a specula-
tive shot at about a dozen eide-line businesses They all looked very
promising but with one exception they were total flops
I
GETTING THE "BREAKS" MERITS NO PRAISE
About twenty years ago two young men came down to New
York from the tame New England college Both were honor men
Jn their class one captained the football team and the other
set a now college record in the hundred yard dash In looks char-
acter and all-around ability there was nothing to choose between
them All through the years they have remained good friends
The other day an observer remarked: "Those two had an equal-
ly good start yet one of them has made a fortune and the other
barely ecrapes along"
My reply was that the difference In their financial status has
no' significance whatever "Pure chance" I said and I believe I
was right One of them stepped into the automobile business Just
at the right moment To be sure he worked hard but the Industry
was growing no fast it had to have more executives and every
time it expanded It pushed him up The other went to work in a
textile mill lie certainly worka an hard as bin ex-classmate but
he happened to choose an Industry that has been in trouble more
or less chronically ever mince the war
My observation of Melt-made rich men is that about two-thirds
of them are good fellows who know they have got along better
than they deserve and are correspondingly grateful and unpreten-
Com The other third think that the Almighty gave them a dou-
hie quota of brains They become dogmatic on every subject dis-
cussed and are often a public nuisance
Whenever a successful man develops a came of swelled head
you can take it an a sign that his PUCCOHM is probably an accident
lie happened to be under the tree when the cocoanut fell lie wan
playing on the beach and the wave came In and wet him
Ztti §SaITIVECAlo i
§tttat LY R" Us Ass E DUnnt 11
The Sin of Adam and Eve
Lesson for A lira I I th Genesis
8:1-111
Golden Text: Ezekiel
What a mognificent preeenta-
tion our !melon text giveo of the
power of temptation and the trag-
edy Of sin! It begins by introduc-
Mg the II erpent the eymitol of the
devil "The infernal Serpent" Mil-
ton calls him It was natural for
Eve to yield to the lure of the
clever 'make
Pow okillully It Pet amide the
flivine prohibition! "You will be
like Rode" It declared And Eve
looked at the tree and ite for
bidden fruit until her curiomity got
the better of her and she yielded
to the merpent's Pubtlo seduction
And how ably the writer de-
ecrihes the fascination of that
tree! "The tree wan good for
food" There you have temptation
in the form of an apple to one's
phymical appetite "It wag pleas-
tint to the eyes" There we see
seduction in the guime of beauty
Moreover it was 'a' tree to be de-
sired to make one wise" There
we find an enticement directed at
the mind Like every normal
woman Eve was ambitious to be
whit!
- We recall that Adam too wax
involved Ile almo ate of the for-
bidden fruit Both sexes were
therefore entangled in the first
sin And we pee the culprits try-
ing to escape from the voice of
God which le that of confidence
But there was no mope! The di-
vine inner yoke pursued them
crying "What is this that thou
host done?" And they shrink
away convicted and ashamed
Then note how both of them
offer excuse Adorn blamed his
wife and even God Himself Eve
itemised the eerpent When we
get into a tight place we invari-
ably prefer chrirgem against some
one else Few of us like to ad
James Croddock
Publisher-Editor
Oklahoma Pentacles as second clams
EVERY THURSDAY
(strictly in advanoe)
$100
00
$160
75
nut we are eviidoerm The hard
(Mt wordm In the language are "I
wam wrong"
Ilut God wam tot deceived by
theme mpecioum pleam One can defy
him Maker but ho cannot cancel
the divine judgment In thim par
ticular COMO thO Judgn Or all
hearts pronounced a heavy men
taco
0
e
Gyp Itill
By
MimM Addle Adair
Vernetta Kaiser mole the high-
est grade in the seventh grade in
the six tests given last
week Mildred Berry made the
higheet in the sixth grade
Loin and Mildred Derry Edne
Memo Vernetta Kaiser Odell
and Carl Dean Thompson entered
the county meet et Cinder City
and won 14 points
Mr and Mre Raymond Schnell
Mn H P Kaiser and daughter
Alberta spent the week-end wit'
relatives In Southard and Okeene
Floyd Newman and family
'pent Monday evening In the
Webuter Thompson home
Lois Derry spent Sunday with
Sylvia Murphy
Vernetta Kaiser spent Sunday
In the Edwstrd Kaisser home
Dennie Murphy Anent Sunday
afternoon with Nolan Newman
Eleven attended the school
meeting Tuesday J F Murphy
wax re-eleeted ass clerk Another
nine months' term wits voted and
Miss Adair will teach again next
term at Gyp Dill
Wm Rose Adeir returned to
her home iii Timmins 'rues(
ley
after 'several days visit with her 1
sister Mrs It A Adair
STORM SIGNALS
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This Week In
Washington
WASHINGTON April 7—Pres-
Went Roosevelt came back from
his Warm Springs vacation to
find a confused and difficult mat-
ter of public policy demanding
Immediate attention That la the
labor situation which proments so
many angles that It has called for
many White House conferences
and may result in a public confer-
ence being calledby the president to
being called by the president to
which industrial and labor leaders
will be summoned No one can
do more than speculate on the
outcome but it begins to look as
If a real national labor policy
were In the making
What that policy will be de-
pends upon many things First
the question whether the federal
government has power to regulate
labor relations at all except where
government work Is concerned
awaits the decie ion of the Su-
preme Court In the 6114e5 pending
before It In vvhich the constitu-
tionality of the Wegner Labor
Relations Act ham been challenged
Until that decision IS handed
down neither congress nor the
!president knows how far or in
what direction it will be possible
to go in leg lelation on Labor At
any rate the court's decision will
clear the air to some extent
Legal questionm however are
lems Important In shaping a gov-
Prnment lalair program than are
political considerationm There Is
no general agreement with Madam
Perking the Secretary of Labor
who ham maid that "sit-down"
strikes may be legal They are
violationm of state !awe i but the
failure of F4 tato authoritlem to (In-
form the lawn raises tho question
whether in Audi climes It Is the
duty Of the federal government to
intervene If a 'date's effort to
enforce the law against sit-down
strikers 14 bould result in rioting
and bloodshed and a a ituation
were created beyond thn power of
state authorities to control them
then there is an question legal
authoritlem here say that the fed-
eral government would be obliged
to respond to a call for help by
the governor hut that would give
the labor eituation the aspect of
a civil war or at least of an
armed rebellion to be put down by
force and that Is a condition all
concerned ardently &mire to avert
at any cost
That the president could if he
would In a few words cut the
ground out from under the feet
of the C I O and Its program
of sitdown strikes Is regarded
as quite certain hut If he did that
he would Incur the active enmity
of John Lewis the C I O leader
who collected from him United
Mine Worker' and other unions
$4ii0000 for Mr Roomovelt's pros
Idential campaign lad year the
largest campaign fund contribu-
tion from any souree On the
other hand the president cannot
exhibit too much sympathy with
Mr Lewis and his program with-
out Incurring the hostility of the
American Federation of Libor
whose president William Green
ham spoken for his three million
or so organized craft unionists In
denouncing the Nit-down strike
tactics of the rival Lewis organi-
zation The Federation's chief enjoys a
iii iz 7-:tz 1
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TTrv WHATIMRPORD NEWS
iitttil
nou
tifenap
tVP!"Appor
-
pirTsonal prestige and respect
which Mr Lewis envies Ile would
like to be asked to the White
House oftener than he is It is
said by newspaper men vale keep
tab on presidential callers that
John Lewis has seen the pre
dent only twice since election and
then for very brief vimitm while
Mr Green has been N4lcomed a
dozen times or more and never has
to wait long for an appointment
when he expremmen a desire to see
Mr Roosevelt
The feeling Is gaining ground
rapidly that the sit-down strikes
and the throat of further labor
dimturbances have forced the goy
ernment's hand and that fiction of
some kind to clarify the govern
ment's labor policy must take
precedence over almost all other
public business flow to shape
such a policy without giving
either labor faction a slap In the
face Is a problem The president
IR said to feel that a way must
be found to give the Lewis organ
ization a chance to "SIM its face"
by aPpearing to ditch the mitdown
strike policy voluntarily Then
whatever Anne new labor legis-
lation may take it is certain that
It will be base:I upon the nbso
lute right of collective baragining
but it Is probable that some re
'arida upon the right Of labor to
strike without warning will be in-
cluded and also the right to in
yoke government mediation will bo
given to employers
The plan credited to Domild
Richberg former NRA adminis-
trator would provide for a "wait-
ing period" between any labor de
HI end and action by either party
to a labor dimputo In this waiting
period it would be illegal for
workers to strike or for employ
ens to lock them out
The intense interest Washington
is displaying In the labor quell
tion arises from a growing feel
ing that the militant movement
Initiated by the C I O Is rapidly
getting out Of hand Mr Lewis
and Ws lieutenantm are finding it
This week In WASII—Gal Two
more and more difficult to keep
their more hot-hended followers
under control thus creating a sit-
uation which bus already started
whispers of "revolution" That
anything like a revolution Is im-
minent no one in Washington seri-
niftily admits but the danger in
the labor crisis Is admitted on all
sides
Budget plannerm learned with a
bit of a shock that the income
tax collections of March 15 were
far below the treasury's calcula-
tions and on the basis of returns
already filed it looks as if the
deficit at the end of the fiscal
year June 30 would be five hum
dred million dollars more than
had been estimated The new
tax on undistributed corporate
earnings enacted last summer
has not yielded nearly as much
as had been anticipated With a
deficit for 1937 of three billions
congress is faced with an impera-
tive need for economy in the 1938
budget or for more taxes It is
anybody's guess which course will
be taken
0
Some of those days we expect
to hear that an inventor has per-
fected a stt-down striking ma-
chine 0
If a man doesn't answer your
question It doesn't mean that he
le Ignorant—he may be just
mart
MIMEO OMMII
!
THURSDAY APRIL R 1037
A B Chapin
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Zv milo o Watmon In the Harper a olugle pamm n enger hum bee car-
County Journal tauten that the ried on the line for over a year
Oiellistoosoarlos American people have come to be Several weeks no the state cur
well known because of their habit poration commiemion gave the
of locking barn doors after the railway company permismion to
horme ham been stolen abandon the line The Kinglimher-
We wait until gam accumulate m Cashion line was 102 miles in
In a defective heating mystem of length
z a minuet and kale off over 400 1
"111
of the young people of a comm The Medford school is the only
otti-7--L- ' nity before anything is done one ever attended by C Lee WU-
CD cip e 41
bout it Then a "Nweeping in son now of Omwego Ore whom°
vestigation" le held first book "Dark World and
We wait until a dozen or inner Wide" was echeduled to be releamed
I
luxury air liners crash Into the Friday April 2 by the Caxton
side of mountaine killing score' Preto( of Clad well Iduho
'"------1---- of mwsengere find destroying pub Wilson moved from Medford to I
lie confidence in air commerce be liutchinmon Rawl and from
---'" fore an nttempt is made to do there to Oregon where he IN now
:--- -
termine whether a dUrOCtlye radio engaged in the conmtruction bumf- i
rsignal system might be in opera nem Ile im ut present directing
Mon the conmtruction of the new Ore-
We wait until dust storm take gun state capitol building—Med-
WiNt the bread uut of the mouths of ford Patriot-Star
'7:1!::'17- hundreds of farmers in the mid —
4 I ---Stem west before steps are taken to The bill before the legislature
lit'a'
' ' control wind erosion and bring a to cancel back taxes will meet
---0itis w t halt to the dirnstrous blowing with the approval of taxpayers
Hs-t V s --u — who will benefit by having their
I
7110101V777-573 Wednesday the bout day of poet obligatione marked off but
(
I
Mandl marked the last day of with those who have made their
— existence of the Kingfimher pnyments often at great macri- 01
Cashion brunch of the Rock fire it will eeem a very unwime
lay And ludand railway which for num° and unfair step Amide from the
than SO yenrm Ine Nerved faith troubles it will cause with county
fully the rich wheat hinds of city and school budgets it will
morrow custom Kingfisher county re have a tendency to discourage
portm the Kingfieher TIMM others from making future tax i
The last train over the branch payments for they might reason-
- line Wednesday consimted of a lo ably expect that delinquent pay-
S facia vs theories comotive and cabooNe on the out ments will be cancelled Burris
T Compton premident going trip It included a carload Penn writes in the Cordell Bea- i
indium:Atm Inmtitute of
of wheat on the return trip Not con
says the nntion would
'f if control of Indus
government were in '
of engineers rather
lkere and lawyer 1 Looking Back SITARS
dth Dr Compton that
run by engineers is U AGO
(I'
from The Weatherford News Files
to serve mociety than - -
by and for bankers zzzimizza — —Qr
n smne groat enter 1
Sam M Randle was elected mayor of Weatherford in a city
becaume the emphamis
ral profits rather than election held Tuenday Ile defeated J M Sugden 822 to 104 A
if the product I have new city ordinance forbidding the playing of Sunday baseball car-
Jeceed greatly becaume ried 200 to 215
ntelligenee and effort —
to making things as Delegates from al lover the state were here Tuesday for a
Y could be mode end convention of the Oklahoma Federation of Women's clubs li
1 as cheaply as they —
Id II J Thacker Jake Bergman B E Duvall Jim Felts and Pete
g run it is fucte not Dem 11" are serving on a district court jury at Arapaho this week
ich control the prop b
—
lestiniem of nationm
nil in filets That is Dr and Mrs J M Gordon and Mism J J Williams returned
of politicianm to Weatherford Friday after a brief vielt in Oklahoma City
I I —
new cureo found C L Nikkei returned Sunday evening from a visit with rela-
mil ago I wag lundi tiVC14 in Hillsboro Kans Ile was accompanied home by J P Feet
11(eyettYh 0 wtit(Ullid Pr Wthialt ()f Corn
—
l
(
dimeovered in the Gen A 11 Neff asolutted in Judging a &bate tournament at Mangum
Inborntory that very Friday
Naves Humming through —
null set up a fever Mr and Mrs G W Potter Mrs W C Emermon and daughter
1 when the waves Willa arrived in Weatherford Friday night after a vimit in El -
ham interemting posmi
Reno and Oklahoma City
said "mid we're hay
nedictil experts look —
Mrs J II Cuddle entertained with a dinner at her home Fri-
it necidental (Recovery (ley evening In honor of her husband's birthday C I
In entirely new medi
e for the treatment '-' N
(mem Physiciana had
1
that nutlarial fever
ertain types of Inman Do Banks Pay Their '
heir
t
with Now they are
aria itself ' wam rah
hort radio wavem to ' Expenses Out Of k
dal fevers and I s a w
rently of succemeful
ilitim asthma and even Deposits?
(
dieeases by this
'
here and abroad The operating expenees of a bank are not paid out
!temp in the same
t my eye One wee of deposits because depomits belong to the cumtomers
kmint of the celebra
200th anniversary of These exppses are paid from the income a bank earns
rk Grange Lodge of
A bank derives its Income chiefly from interest on
!cepted Mullions with
In a New York city
(
loans returns on Inveatments and charges for 'financial
other was a dispatch
mt saying that armed services rendered
been pomted in front i
'sonic Lodge quarters 1
i
The earni!gs of a bank are need chiefly in three ways:
as a means of en (
government's decree first to pay for Werke Insurance equipment and other
solution of Masonic k
operating expenmem second to build up a surplus for
is a highly respected J 0
natitution It exalted added protection of depoudtors and to set aside reserves
ad suppresmed in part as a safeguard against known Hubilities and unforeseen ' (7 1
I chiefly that Nome
am)nic organizations contingencies and third to pay stockholders In &i-
n active part in poll
hien to the govern dads a fair return on the money they have invested
power while Amer
in '
the banks capital stock
onry hat never been
rganization although i
In the 1820's there
Vlasonic political agi Deposits Insured up to $500000
East
'y sets up a code of The
ides by which ite
' rule and order their
ni And the haters of Liberty Nat'l Bank
led the American
he Revolution from Weatherford Oklahoma
button down were
M - - -
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by A B Chapin
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Today And
Tomorrow
ENGINEERS facts vs theories
Dr Karl T Compton president
of the Massachusetts Inmtitute of
Technology says the nntion would
be better off If control of indus-
try and of govormnent wore in
the hands of engineers rather
than of bankers and lawyers
I agree with Dr Compton that
an industry run by engineers is
more likely to serve society than
is one run by and for bankers
I have aeon some groat enter-
prises fall because the emphasis
was placed on profits rather than
on quality of the product I have
seen others succeed greatly becaume
all of the Into Iligenee and effort
was devoted to makIng things as
well as they could be made and
selling them as cheaply as they
could be sold
In the long run It im facts not
theories which control the prop
ream and destinies of nations
Engineers deal in filets That is
seldom true of politicians
!FEVER new vulva found
Several years ogo T was lunch
log at Schenectody with Dr Wil
Ihu R Whitney who told me that
he hod just discovered in the Gen
oral Eleetric loboratory that very
short radio waves passing through
the body would set up a fever
which ceased when the waves
stopped "It ham interesting possi-
bilities" he said "and we're hav-
ing some medical experts look
Into It"
Out of that necidental discovery
has grown an entirely new medi
cal technique for the treatment
of many diseases Physicians had
discovered that nuilarial fever
would cure certain types of Inman
ity but malaria itself 'was noth-
ing to fool with Now they are
using the short radio waves to
set up artificial fevers and I saw
a report recently of successful
cures of arthritis asthma and even
more serious diseases by this
!method
MAS0N WY here and abroad
' Two news items in the acme
paper caught my eye One was
the announcement of the celebra
tion of the 200th anniversary of
the New York Grange Lodge of
Free and Accepted Masons with
I ceremony in a New York city
church The other was a dispatch
from Bucharest saying that armed
soldiers had been posted In front
of every Masonic Lodge quarters
In Roumania as a means of en
forcing the government's decree
for the dissolution of Masonic
organizations
The reasons a highly respected
and useful Institution is exalted
In America and suppressed In part
of Europe Is chiefly that some
European Masonic organizations
bove taken an active part In poll
tics in 'opposition to the govern
ment now in power while Amer
Ivan Freemasonry has never been
a politieftl organization although
for a while in the 1820's there
WRN an antkMasonic political agi-
tation in the East
Freemasonry sets up a code of
moral principles by which its
members may rule and order their
individual lives And the haters of
tyranny who led the American
Colonies in the Revolution from
George Washington down were
mostly Masons
Milo O Watson in the Harper
County Journal titatem that the
American people have come to be
well known because of their habit
of locking barn doors after the
horse hat been stolen
We wait until gat accumulatet
in a defective heating tystem of
twhool and kills off over 400
of the young people of a comma
ay before anything is done
about It Then a "mweeping
vestigation" im hold
We wait until a dozen or mort
luxury air liners crash Into the
side of mountaint killing score'
of pa4senger4 and destroying pub
lie confidence in air commerce be-
fore an nttempt ft nutdo to de-
termine whether a derectlye radio
signal system to be in opera-
tion We wait until dust storm take
the bread out of the mouths of
hundreds of formerm in the mid-
west before steps ore taken to
control wind erosion and bring a
bolt to the dirostrous blowing
-
Wednesday the last day of
March marked the last day of
existence of the Kingfisher-
Cashion brooch of the Kock
Island railway which for niore
than SO yeorm hos served faith
fully the rich wheat lands of
eastern Kingfisher county re-
portt the Kingfisher TIMM
The last train over the branch
line Wednesday contisted of a lo-
comotive and cahoot° On the out
going trip It included a carload
of wheat on the return trip Not
Looking Back 1 SITARS
From The Weatherford News Files AGO
1
1
11
Sant M Randle was elected mayor of Weatherford in a city
election held Tuesday Ile defeated 3 M Sugden 822 to 164 A
new city ordinance forbidding the playing of Sunday baseball car-
ried 260 to 215
Delegates from al lover the state were here Tuesday for a
convention of the Oklahoma Federation of Women's clubs
J Thacker Juke Bergman B E Duvall Jim Felts and Pete
Bergman are serving on a district court jury at Arapaho this week
—
Dr and Mrs J M Cordon and Miss J J Williams returned
to Weatherford Friday after a brief visit in Oklahoma City
C L Nikkei returned Sunday evening from a vita with rela-
tives in Hillsboro Ham Ito VMS accompanied home by J P Fast
of Corn
A IL Neff amotated In judging
Friday
Mr and Mrs G W Potter Mrs W C Emerson and daughter
Willa arrived in Weatherford Friday night after a visit In El -
Reno and Oklahoma City
Mrs J 11 Caddis entertained with a dinner at her home Fri-
day evening In honor of her husband's birthday
Do Banks Pay Their
Expenses Out Of
Deposits?
The operating expenses of
of deposits because deposits
These expeAses are paid from
A bank derives Its income
loans returns on Investments
services rendered
The earning s of a bank are used chiefly in three ways:
first to pay for salaries insurance equipment and other
operating expenses second to build up a 'surplus for
added protection of depositors and to sot aside reserves
aa a safeguard against known liabilities and unforeseen
contingencies and third to pay stockholders in divi-
dends a fair return on the money they save invested
In the bank's capital stock
Deposits Insured
The
Liberty Nat'l Bank
Weatherford Oklahoma
' -
THURSDAY APRIL R
IMMINMONIMMIONMEIONIMIIIMil
a single passenger hum been car-
ried on the line for over a year
Several weeks no the state cur-
poration commission gave the
railway company permission to
abandon the line The Kingfisher-
Cashion line was 162 miles in
length
The Medford school is the only
one ever attended by C Leo Wil-
son now of Oswego Ore whose
first book "Dark World and
Wide" was scheduled to be released
Friday April 2 by the Caxton
Press of Caldwell Idaho
Wilson moved from Medford to
Hutchinson Kans and from
there to Oregon where he Is now
engaged in the construction busi-
ness lie is at present directing
the construction of the new Ore-
gon state capitol building—Med-
ford Patriot-Star
The bill before the legislature
to cancel back taxes will meet
with the approval of taxpayers
who will benefit by having their
past obligations marked off but
with those who have made their
payments often at greet sacri-
fice it will seem a very unwise
and unfair step Amide from the
troubles it will cause with county
city and school budgets it will
have a tendency to discourage
others from making future tax
payments for they might reason-
ably expect that delinquent pay-
ments will be cancelled Burris
Penn writes in the Cordell Bea-
con -II
a &bate tournament at Mangum
a bank are not paid out
belong to the customers
the income a bank earns
chiefly from interest on
and charges for 'financial
up to $500000
-i
'
NIMMMINMMON
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Reference the current page of this Newspaper.
Craddock, James J. The Weatherford News (Weatherford, Okla.), Vol. 38, No. 14, Ed. 1 Thursday, April 8, 1937, newspaper, April 8, 1937; Weatherford, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc2147978/m1/2/: accessed July 10, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.