Lansing State Journal from Lansing, Michigan • Page 12

12 THE STATE LANSING, MICHIGAN, WEDNESDAY, MARCH 16, 1932 THREE STATE MEW Michigan News Told in Brief 4 FELLOW 51 APS (By the Associated Press) ESCANABA Joseph P. Carney, un-dersheriff of Delta county, died here Tuesday after a short illness, which followed an operation. He was 56 years old and had been active In police work in the upper peninsula lor more than 20 years. Trio of Michigan Scholars Given Recognition by Guggenheim Fund NEW YORK, March 16 (JPy Trustees of the John Simon Guggenheim Memorial foundation have announced the annual award by the foundation of 57 fellowships, awarded to United States and Latin America artists and scholars to carry on original research and creative work for a year. MONROE The question of whether a port district will be incorporated at Monroe under the state law will be decided at an election here.

May 12. The incorporation is advocated as a monc lanQhlint? the citv to contract with the government for its share of the Monroe narDor improvement uc-velop'ment now awaitbig the approval of the war department. st Five former Berrien Three Michigan men were among county road commission officials Tuesday completed 30-day jail sentences fnr hrihprv. Thev are Loren Snyder, the awards, as follows: Mark Wessel, Bronson, composer of music, who received a fellowship to carry on creative work in musical composition abroad. Mr.

Wes-sel's musical works have been performed by many prominent orchestras. James Hampton, both of Benton Har bor; Clarence Renbarger of rmes; Silas Merritt of Three Oaks, and Claude noii-or nf St The five also In 1930 he won the Pulitzer prize for paid fines and costs totaling $10,000. music. The award is Mr. Wessel's sec uattt.e fTREF.K War carries will ond fellowship with the Guuggenheim foundation.

be held along a 22-mile front between Battle Creek and Kalamazoo wltn ap-rvmvimatplv 1.300 retrular army offi fc i -f I -i Prof. Howard Mumford Jones, of the University of Michigan who has been granted a fellowship to write a life of Thomas Moore with a view to exhibit cers, reserve officers and enlisted men participating. The tactical proDiem is ing him as an author representive of lor stall oiucers oi larger umu. "regency" taste in literature, and showing the current thought found in ROAD CONDEMNATION HEARING IS ASKED Special to The atate Journal: CENTER EATON, March 16 As vhen his work. Research will be earned on in England and Ireland.

Dr. Herbert Orion Calvery, assistant of professor of physiological chemistry, at the University of Michigan medical school. Doctor Calvery will carry on his study of embryonic protein metabolism with special reference to the chemistry of ovalbumin and ovovitellin and the time of the appearance of the proteolytic enzymes in the devel was the case in the construction of M-78 in Walton and Bellevue town ships when the highway was straightened for its permanent paved course, Grover C. Dillman, state highway oping chick embryo. He will study in certain European laboratories.

Doctor Your Calvery is the author of several scientific papers. The grants of the foundation are made to young scholars and artists who have done distinguished, original work, and are available to assist research in any field of creative work or knowledge in any of the fine arts. The normal stipend is stated to be $2,500, for a period of 12 months. FRANK PULVER FARM HOME IS DESTROYED commissioner, has been unaDie to agree with a property owner along M-50. in Chester township, as to the amount of damages to be paid because of changing the course of the road across private property.

As a consequence, a hearing has been ordered held Saturday, March 19, in circuit court, in the matter of Mr. Dillman's petition for condemnation of private property for public highway purposes in Roxand and Chester townships. The property in question for which an easement is desired consists of .557 acres of land owned by Maude May Collins of Jackson, and located in section 8, Chester township, which the state desires for the construction of the necessary grade and drain structures and surfacing to a width of 20 feet with con crete. The estimated damage to the owner is figured at $71.33, and the benefits at $80, and she was awarded $1. Ownership of the property is sub Special to The State Journal: SHAPTSBURG.

March 16 Late Monday afternoon the large farm house of Frank Pulver was discovered to be on fire and burned to the ground with only a small amount of furniture and bedding saved from the flames. It is thought that the fire started from a defective kitchen chimney as the south porch was burning on the under side when first discerned. It is not known whether any insurance was carried. About 50 years ago, another house bumed on this same location. ject to a life lease held by Charles E.

and Georgis Farrah of Meadville, a life lease and tax interests owned by Mary Farrah of Jackson, and undisclosed tax Interests of Anna Johnson of Jackson. When your motor leaps into action on cold March days When you give it the gun and experience the satisfaction of being master of amazing Knockless Power When you remember you paid only regular gas price nothing extra 9 Tax Specialist Cites Old Letter As Basis for Prosperity Hopes levels that they compared favorably, or perhaps unfavorably, with the levels of today. The public was out of the stock market because the public was moneyless. Banks had tightened up and there were runs on many of them. Not a few closed up entirely.

Nobody bought, even those aMe, any automotive, oil, or other stocks. That is no body but a wise few who believed the "Time does things. So cheer up." This was the comment Tuesday morning of G. L. Sumner, tax-specialist, after re-reading a letter he received October 9, 1920.

Mr. Sumner, who was looking over some old files, found this letter from an old acquaintance relative to some business. The letter was writter by Arthur A. Carmer, a former Lansing business man who died last fall. The letter, less than 12 years old, was written by Mr.

Carmer who was then doing business in Akron. O. In 1920, it will be remembered, this country as well as the world-at-large. was in the throes of a near-panic. Business all over the country was at its lowest ebb.

The automotive business especially was apparently completely paralyzed and many firmly believed that this industry was doomed. Motor stocks had sunk to such low I 060 ho country was not "going to the dogs and that all industry would come back. Asked About Lansing: The closing paragraph of Mr. Carmer's letter might have been written at this date and would have covered, in the gist of it, every phase of the business situation and outlook today. Mr.

Carmer pointed out that business was "terrible" in Akron, O. Rubber factories were down 75 percent. Some of them, were closed. Banks refused to lend money on any security. Every other house, it appeared to Mr.

Carmer, was vacant in Akron. And there were vacant store buildings all over the town. Retail trade was paralyzed. Nobody had any Or. Praises Sto money and merchants were carrying a tremendous credit load.

Books were the Premium-Performing loaded with accounts. "How is Lansing?" asked Mr. Carmer. At the time Lansing, as Mr. Sumner pointed out, was not going so good.

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Securities had shrunk until the owners considered them nothing but paper. Corporations passed dividends. Nobody saw anything in sight to make business come back and there was plenty of unemployment. But that was 12 years ago. From 1920 to 1929, less than a decade, this GGOUNTIN LEARN ACCOUNTING A country and its neighbors staged a come-back industrially and in every other way.

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(A division of Alexander Hamilton Institute) 3K Hollister Lansing, Michigan. started, men went back to work; banks again extended credits; the stock market boomed and there was so much employment that labor was at a premium and set its own wages. Vwrt i i.iM ii ii i Lm .1 V-l I -J V- Sees History Repeating Securities again took on value. Real estate values more than made up their the only true blue" losses. The automotive industry expanded and; despite the prophets, be- Don't let them get a Wrangle bold.

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Those who had bought low-priced automotive stocks and who held for the "long pull." made millions of dollars by their foresight and faith. "And this will happen again," declared Mr. Sumner. "Just everything seems the worst and our hopes vanish and we lose our optimism and decide that everything is lost, there comes a change for the better. And the same things that occurred in 1920 will start business back again and the country to another era of prosperity." Pain and Itching From Piles! Its knockless performance is assured by its high knockless rating of 72 Octane.

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