Mountain View Times (Mountain View, Okla.), Vol. 24, No. 2, Ed. 1 Friday, May 12, 1922 Page: 4 of 12
This newspaper is part of the collection entitled: Mountain View Times and Tribune Progress and was provided to The Gateway to Oklahoma History by the Oklahoma Historical Society.
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fountain Vitro iimea
Published Every Friday.
M. C. Deraham, Publiiher
►rieewer In Tewer if Lenden escaped
end Literally Left Hie "Hsat"
In Imfcarraeement
Entered at the MonnUln View Post-
office for transmiselon through the
mails as second-elaae mall matter.
Advertising Rates on Application.
All communicated or *cjvfr'
tlsemen' i should be in office not later
than Tuesday noon to Insure publica-
tion.
SUBSCRIPTION RATES:
Six months r”75c Three months.40c
Payable Cash in Advance.
Announcements
The Times is authorized to
make the following announce-
ments, subject to the Democratic
nominating primary, Tuesday
Aug. 1, 1922.
For Congress, 7th District:
JIM McCLINTIC
For Treasurer of State:
A. S. J. SHAW, (Altos)
Sheriff:
TOM CHAPMAN
W. T. GANN
TOM SHADDOCK
RUFE LEWIS
IRA HARTZOG
JOHN C. LINDSEY
For County Superintendent:
ESTELLA W. ALEXANDER
For County Attorney:
JOHN T. HAYS
For County Assessor
C. B. WILSON
When a movement is under-
taken for the benefit of this
town every citizen has a right
to his own opinion, and there
can be no valid objection to
according him such right. The
opposition, however, shoulc
come out in the open anc
make their objections known,
in order that weak points may
be given due consideration. It
is only by such means that ob-
jectionable features can be
corrected or eliminated. The
man who opposes in secret anc
works under cover does more
harm than good, both to him-
self and to the community.
If it is true that we can
talk with departed spirits
why not ask them how it is
down there? It might induce
us to change our mode of liv-
ing.
Never tell another man how
to manage his business. He
will suspect that you don’t
know how to attend to your
own.
Every man who walks on
two legs is a stockman. At
least he has a pair of calves.
It’s a fact that some women
are like houses. Paint im-
proves their appearance.
During that parted la EngtUb
«y when It mi "quit# the thing"
a abut up It the Tower ef London
he prieoner, euyi n writer lo Chum-
* Journal, could Uve comfortably,
could order whet furniture ho
even plate end taper-
■tee—but there wee one condition:
he could take nothing out of the tow-
er again. If he went out by way of
the scaffold it did not matter much;
tut If he wae acquitted or escaped hie
expenditure wee n total leer. All the
fUratehinge became the perquisites of
the Ueotenant—a circumstance from
which we may eeoldeutly infer that
he encouraged hie prisoners to make
kemselvea as comfortable as possible,
regardless of expense.
Sometimes, however, the lieutenant
met a stone as hard ns himself—In
ether words, Omsk met Greek. Such
a one was Sir William Seymour, after-
wards duke ef Somerset. Though not
at all blessed with wealth, the knight
ordered expensive tapestries, sliver
ptete and the beat of furniture while
the lieutenant steod by and rubbed
ils hands In anticipation of bis future
inheritance.
Sir William Seymour, however, no-
tiring that a cart came almost dally
to deliver hay and fagots at the en-
trance under the Bloody tower exactly
opposite his prison, conceived the idea
•( escaping. A friend smuggled a
slouch bat, a false beard and a smock
In to him, and one day while the carter
was' Inside delivering his goods Sir
William strolled out, mounted the driv-
er's seat, turned the horse round and
eatbly drove out of the Iron gate
There horses awaited him; he took
boat opposite Greenwich and reached
a ship that ho had chartered to carry
him to Franco.
The matter naturally made trouble
for the lieutenant, but he consoled him-
self with the thought of the rich per
qulsltes that Sir William had left What
then, was his Indignation to lad that
the fugitive had paid for none of the
things, and that he himself wan sued
by the tradesman who had supplied
them l Even so, ha might have recov-
ered at least some of his money by
the sale of the goods, but to his dis-
gust he found that the facetious knight
had cut up the most valuable tapes-
tries to At the Aroplaces.
Ingenious Washington Youth.
One small Western bey has solve*
the Ashorman’s problem of getting
plenty ef Ashworms without digging
for them. He coaxes them forth from
their hiding plaees through the magic
of electricity. This lad, Joe Siegfried
of Kennewtch. Wash., though only ten
years old, has devised with a little
help from his father a special appa
ratus that lo the champion Ashworm
coaxer and extractor. The appaentut
consists of a telephone magneto, which
delivers current at 80 to 90 volts. This
magneto la connected to two heavy
wires or electrodes set In the ground
six or eight Inches deep and Afteen to
eighteen Inches apart. When the mag-
neto Is operated the current Bows be-
tween the electrodes, and many
worms in the vicinity receive a sensa-
tion whleh causes them to hurry to
the surface at full speed. Joe has
counted as many aa Afteen worms
coming out at one time. He has had
Inquiries as to the charge for worms
If purchased by the gallon for medici-
nal purposes, but his school work
keeps him too busy, and he only uses
the apparatus for furnishing Ash bait
to his many young friends.
ANNOUNCEMENT
JL-'.U
We wish to inform the public
that we have located in Moun-
tain View with an up-to-date
power blacksmith and machine
shop and we are amply prepared
to take care of vour wants aloog
this line. Expert horseshoeing,
welding and all kinds of repair-
ing, with nothing but experienc-
ed help and modernized tools to
take care of your troubles. Give
us a trial. We guarantee first
class workmanship at reasonable
Uks Medom “Fill sad Take."
Almost identical in principle with
the present-dey game known popularly
as "Put and Take," la the game of
"Trondel," particularly popular with
the Jewish people during the Chanuka
holidays. It Is a very ancient game
end la said to hevo been known to the
Greeks and Romans.
•Trendel" la from tke German word
"drehen," or turn, hence the name for
the topllke Instrument with which It le
played, explains the Detroit News. The
trendel hss Inscribed on Its four sides
the Hebrew letters ."nun," "glmel,"
"heh" and "shin," which are the In-
itial letters of the words "Nes godol
koyo shorn," meaning " a great miracle
was performed then." In playing the
game the consecutive meanings given
those letters ere "niebts," “gans,"
"halb" and "atell." Thut when the top
fella, with the "nun" upward the
player turning the top gets nothing,
"gtmel" takes the whole pot, "heh"
takes half, a "shin" calls far "put-
ting” or "adding" to the pot.
Before It’s Too Late
If you're n gray haired mother
In the old home far away,
Sit down and write the letter
Yon've put off day by day;
Don't wait until her tired steps
Reach beaven'a pearly gate,
But show her that you think of her
Before it ia too late.
If you've a tender message
Or a loving word to aav,
Don t wait till you forget it.
But whisper it today.
Who knows yvhat bitter memories
May haunt you if you wait?
So make your loyed one happy
Before it is too late.
We live but in the present,
The future is unknown;
Tomorrow is a mystery,
Today is all your own.
The chance that fortune lends to us
May vanish while we wait,
So spend your life’s rich treasure
Before it is too late.
The tender words unspoken,
The letters neyer sent,
The long-forgotten messages,
The wealth of love unspent—
For those some hearts are breaking,
For those some loved ones wait;
So show them that you care for them
Before it is too late.
By W. R. Samuel, Secretary
State Bankers Ass’n of Oklahoma.
is on# of the greatest pi
cial legislation eves >na
nation. On the otlper han
believe that the Stnte Banks
| htfma and of every other State
I Union are living up to the req^
ments demanded of them and are
equally entitled to the confidence o!
the public of their respective co
munltles as the National Banks. And
there Is no real reason why there
should be any antagonism or preju-
diced feeling existing between the
Slate and National Banka, as they are
| both founded upon the same prlnci-
i j-s: irja: jrs sr s=k:sss
financial needs of their communities
During the war period, the state
Banks in conjunction with the Nation
al Banks unanimously answered the
call of our Government for snrvl
Oklahoma Depositor’s Guaranty Law,
It Is rapidly recovering from the un-
| warranted attacks made against it.
There le nothing particularly wrong
I with our present banking law which,
cannot ri,htr»IIr b, ch.rtM ,1th the l» ««T W PM-lbl., u ..II .. bu,
folium of o number of Slot. Bonk. “* *"a ,h<,lr «•"“ 01
during the bollht of bu.Ui... depm. B»“d* t0 *“ U" Gorernmen, Bl aiql
•Ion from .hleh ...r, .tot. In th, '« “ «*• ™
Union suffnmd, ond o nnmbor of thorn *nd « >* monlfeotlp unfair to c
to . greater ..tent then Oklehomo. MW dl.pnragoment upon any nt tb
But due to the fact that Oklahoma-. State Book, on account of the pitm
IDepoettors- On.raney La. «. th. “nJ1Uo" otth. ltepottor. Ouar.nl,
first to b. enacted by any State In “A “ »«" “ ** “'0"un“ '
the Union and regardl... of th. fact u°“ _ ln S‘”klDK
that up until n fe. .hurt month, .go, Pkrtment, a. Ih.y not only pay thj
every depoeltor ln a fallad State Beak 1“"“*' °' «> >"»
£
I In Oklahoma had received his money
In full Immediately upon the failure
of the bank and several million dol
tars of previous indebtedness wiped
off the slate, due to the (allure of
the Old Columbia Bank and Trust
Company, the Night and Day Bank,
and the Planters and Merchants Bank
In Oklahoma City In the early incip-
lency of the Depositors’ Guaranty
Law, the public press and the ene-
mies of the Law began to herald the
news far and wide that the Deposi-
tors’ Guaranty Law of Oklahoma had
failed and that every State Bank in
Oklahoma was in danger of going
broke, simply because the Depositors’
Guaranty Fund was temporarily un-
against their deposits, as now piovld
ed by law, but voluntarily contrihutoij
approximately two million dollars tc
help pay off the depositors ln failed
State Banks, and are now co-operati
Ing with the new Bank Commission^
and the Banking Board to the fulles
extent in the collection of assets it
failed State Banks for the benefit o;
the depositors, and according to tht
statement of Attorney General Short
every effort will be made to reallw
the greatest amount possible on thes
assets between now and the conven
Ing of the next legislature, at whic
time it may be deemed advisable t
aak the State to lend Its credit to th
Depositors’ Guaranty Fund in orde
YOU TELL ’EM COTTONWOOD!
prices.
W, R. McGuffee & Son
Astronomers Wars Wrong.
A sixty-inch reflecting telescope pur-
chased for the Harvard college ob-
servatory nearly 20 years ago and
later abandoned ee unsatisfactory has
been proved by recent successful tests
te be of decided value. It is one of
the four largest refiectors in the world.
Made 30 years ago in England bf
A. A. Common, a famous telescope
maker, It was bought by Harvard lu
1002, for a special type of visual work,
but when set up end tested was called
ansatlsfactory. Since that time as-
Wonomera have learned mueh about
the characteristics and special uses of
big refiectors, and the recent testa
promise good results with this tele-
■cope in radiometric work.
w
East Main Street
Old Broom Factory Building
Modem Youth.
Marjory (aged seveeJ-^Thet little
boy next doer te always trying to kiss
sat.
Her Brother (aged eight)—Never
mind, Marjory; yet knew we were
young etMtlvtA
* 4« ««ewrq
la x recent iesue of the Carnegie
Herald, that paper’s Cottonwood
correspondent took x swipe at us
fellows over here in the sticks*
and the Times was about to get
disheartened and advise our bus-
iness houses to close np shop and
hang crape on our doors until our
worthy Cottonwood corresponent
come to the rescue. Following is
what the Cottonwood correspon-
dent had to say in the Herald.
Read it, Mountain Viewer, and
ponder over the idea of put-
ting on any more First Mondays;
“Our neighbor town of Moun-
tain View has been bragging a-
bout her first Monday and the
people who came there. I want to
say lhat Mountain View ha$ never
offered the bargains thatCarnegie
has offered, and she has never
had as large a crowd by one-third
as the little city of Carnegie had.
Carnegie is as far ahead of Moun-
tain View as Oklahoma City is a-
head of Carnegie—so people, be
boosters for Carnegie.”
But, oh boy! just listen to this
from our own Cotlon wood corres-
pondent, and decide that life is
worth living longer:
"I read in the Cottonwood items
in the Carnegie Hearld that Car-
negie was as far ahead of Mount-
ian View as Oklahoma City was a-
head of Carnegie. And let me tell
you this, that Mountain View is
as far ahead of Carnegie as New
York City is ahead of Mountain
View. If a Carnegieite had have
been on our streets at the time of
the drawing on the last First
Monday he wonld have needed a
guardian for fear of getting lost
in the sight-seeing crowd. I know
not whether the town of Cai»
negie was named after the fam-
ous Andrew Carnegie, but if It
was and Andy could have seen
the crowds that thronged the
Mountain View streets May first
he would have gone right back
to Carnegie and had the name
changed.”
Now, we guess our Cottonwood
(Carnegie) friend will be good.
Bat, dear reader, did you ever
Stop to think that it is jnst these
kind of boosters that go to make
up a good live town? It would be
mighty fine if we had more of
such sort of boosters, and we be-
lieve that if our country folks are
alert to make a town boom, il
should certainly be the duty of
•yqry eat in side of the city lim-
its to at least do as much. And
while it should not be necessary
for os to be woke up by onr rural
friends, we bclieye they have set
a good example, and one which
we should follow, if we have been
lack n? in the past.
Comeagain correspondents both
of you.
Guaranty *-una was wraporari., u ^ eyery depoBltor ln a falled Statj
zirA:.:, ,.i,.,*«... homon,y te i
B..K. in ...h, .. oont.mpl.t.4 und ^ su(e ,n ^ „„ „pecW
.nd prorid«d under tl. L»». But no I >n a,„ln,t tJ
.uch publicity or pr.p.s.nd. —> capital. Surplus aod undivided proa
clrcul.t.d regarding th. D.po.itor. of |Bf at„, B„k ,h. amonnl
failed National Banks who were not
Remember
the
Mothers’
Day
Services
at the
School
Auditorium
Sunday
Night
p&id in full or ln part, and properly
so, and while we do not have the com-
plete data, our understanding is that
the total deposit liabilities In failed
National Banks In Oklahoma during
I the year 1921 was greater than the
total deposit liabilities ln failed State
Banks. Whether this be true or not,
I the fact remains that the depositors
af a number of failed National Banks
have not received their money and
will have to rely solely upon what
may be realised upon the assets of
the failed bank and the double lia-
| bllity against stockholders thereof,
while those depositors in a failed
State Bank who have not been paid
I in full have in addition to the assets
and the double liability against the
ttockholders, a valid claim against
the Depositors' Guaranty Fund of Ok-
lahoma, which has never yet failed
to eventually pay every depositor ln
full. And there is no reason to be-
lieve that after going through the
most trying ordeal in its inclpiency
with1 no other resources or assets at
that time other than an annual as-
sessment against the State Banks, be-
sides paying off several million dol-
lars of indebtedness then will now
fail to meet its obligations to the de-
positors in failed banks with approxi-
mately seven million dollars in accu-
mulated assetB, over and above its
deposit liability to be realized upon,
In addition to the present annual as-
sessment against the member banks,
(f the public could understand the
true situation, there would be no oc-
casion for any alarm or feeling of
distrust by any depositor in a State
Bank, because without the added pro-
tection afforded them by the Depos-
itors' Guaranty Fund, every State
af each State Bank to the amount
sredit extended, payable in reasonab
annual assessments so as not to jeo
irdize the interest of the Banks
maining in the system. The Stai
will also be expected to require t
banks to put up liquid security as
guarantee that they will pay th
pro rata part of the credit extend
by the State to the Depositors’ Gu
snty Fund over a certain period
time, so that in case any bank fail
ar defaulted ln any payment, t
State could convert the security
held for that bank’s pro rata shai
af the credit extended within twent|
four hours.
So, under this procedure, if sait
should become necessary, the Sta
Would be absolutely protected again
sny loss whatsoever by reason of tl
credit extended. The depositors wou
receive their money in full, and tl
banks remaining in the system
able to meet a reasonable annual
sessment to liquidate all outstandh
Indebtedness to the Depositors’ Gu:
anty Fund.
There have been numerous suggfl
tlons and ideas offered regardir
amendments and changes in our pr<
ent banking laws, none of which J
think fully meet the necessary
qulrements, except those offered
the Executive Council of the St
Bankers Association of Oklahoma, t
ter thoroughly considering the prj
snt law from every phase, and thq
conclusions were that the present IS
needs only a very few amendmen
to make its future operations a su
cess, and these are briefly outlinj
as follows:
FIRST—Make the Depositors’
anty Fund the last aid-instead
first aid, thereby putting a moral C
ligation upon the depositors of
railed bank in assisting the Banki:
Department to realize upon the nsss
of the bank in the payment of tl
deposit liability, and then shod
there be any deficit remaining, es.
bank would be drawn upon for t
pro rata part of same, not to exes
a certain percent In any one y«(
By this procedure not a dollar
cash would be necessary In the Gut
uuin^
i* Gut
of t!
the Banking Board as a guaraflt
that they would pay their pro rf
part of any deficit that might acc<
to the depositors of a failed bai
after every effort had been exhaust
by the Banking Department in r«
Izing on the assets of said bank a
applying same to the deposit liabil
thereof. _
SECOND—flPhe Executive Coud
Is of the opinion that our examinj
are too poorly paid; that their sal
ies should be placed upon the sa:
basis as the salaries paid Natiol
Bank examiners, which are alwt
taken Care of by. the fees charged,
Bank in Oklahoma would stand upon
the same relation to its depositors as ------------— ..
££ I SSr >rJ
Ing to the capital, surplus and undi-
vided profits of the bank, and the
double liability against the stockhold-
ers.
It is to be regretted that a num-
ber of National Banks in the rural
Communities have allowed their per-
sonal prejudice to take advantage of
the situation by making discreditable
statements against the Depositors’
Guaranty Law and the State Banks.
In some Instances going so far as to n care 0I Dy uie ieeo uutW(5
claim that the United States Govern- examination, and it does not cost I
ment is behind the National Banks [ tax "payers one cent,
and the depositors in a National Bank
are protected by the Federal Reserve
System, all of which are erroneous
and mialeading. The facts are that
the United States Government will
not deposit a dollar, either in a Na-
tional or State Bank, without a good
and sufficient surety bond.
Now we do not wish to be undei^
atood as being antagonistic ln any
tense to the National or Federal
Banking Systems, as we fully realize
that they are serving a great pur-
pose in the financial life of our Na-
tion and we are not unmindful of the
X payers one cem.
THIRD—The Executive Council
of the opinion that the appointro|
of the Bank Commissioner should
vested in the Governor as provli
by our constitution, but such anpot
ment. should be subject to the
proval of the Executive Council,
the State Bankers Association, r
confirmed by the Senate.
FOURTH—The Executive Corn
is ln favor of the strictest invest'
tion of the incorporators before f
charter is granted, as well as i
terial increase in the fee now chttf
under the law.
With these few amendments to
present banking laws, and the pro .
administration of same, future b
uoa ana wt are noo uummoiur uq . QU*hOm» will be
mmmmrnmmmo Sr ™
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Mountain View Times (Mountain View, Okla.), Vol. 24, No. 2, Ed. 1 Friday, May 12, 1922, newspaper, May 12, 1922; Mountain View, Oklahoma. (https://gateway.okhistory.org/ark:/67531/metadc914690/m1/4/?q=communication+theory: accessed July 4, 2024), The Gateway to Oklahoma History, https://gateway.okhistory.org; crediting Oklahoma Historical Society.