Stanberry Herald - Headlight from Stanberry, Missouri • Page 10

the end of the year. The editor an BUILDINGETTER STATE nounced that he would take payment In wood, corn, flour, vegetables and es- peclaly pork. The price for advertise FEDERAL SAVINGS AND LOAN AS- vat ion of perishable foods, Crossley ex- SOCIATIONS IN MISSOURI pained. Up to April 15, 12 old established i With the moisture content of the building and loan associations In Mis-' first time in five years, and with an aouri, holding assets of almost 'outlook for sufficient rainfall this 000,000, had converted into federal spring, prospects are good for high savings and loan associations, with the vegetable garden yields, Crossley point-resultant benefits of insurance of in-1 ed out. The state relief officials in ls falling near Fort Collins, and the storm is moving eastward.

Whether it will reach McCook or not, is a matter of conjecture. "Dust Tuesday was also reported from Big Springs to Fremont, with the extreme western and eastern portions of the state escaping the grit. North ments was $1.00 an inch. Duelling was common and men were quarrelsome, but Patten never fought a duel. Writers concealed their identity under such nomes de plume as vestors' accounts and the privilege of Ucipate that a large part of the food V.

treasury subscription to their requirements of Missouri's poor will be "Gracchus," "Justice," "Many MUtoitriCcaferWOTSWclfcTO "Shinney on Your Own Side," and In addition, In the past year met with vegetables irom tne suosis-tence home gardens and production Platte received light showers, wnicn only served to partially settle the dust B. Q. officials reported that the Tuesday storm covered the division, and that dust was reported again this morning." produced abusive and personal articles, and a half, IS new federal savings and Patten, under a false and foolish sense tracts, he said. of honor, never divulged the names of A MEANS TO AN END i (2) mental hygiene; (3) children's (By A. H.

Jewell, President Missouri 4) bUnd; 5) lnstltu- laUKan1vJ)Welae, I Each division would be in charge of a director appointed by the commis- TjLsfc week I discussed the nroblmn sioner with the consent of the board the authors and shouldered the odium loan associations have been organized In mlssouri, their assets totaling Applications for federalization from 14 other building and loan associations of their work. Such conduct and such courage were common. It was due to MISSOURI TO RECEIVE $24,000,000 FOR NEW ROADS Missouri's share of the works relief bill, recently passed by originally chartered by the state of men like Patten and agencies like The Missouri Intelligencer that Missouri our increasing taxes for state welfare ion the basis of competence and ex- MISSOURI'S HISTORY FOR THIS WEEK (Compiled by the State Historical Society of Missouri, Columbia, Floyd C. Shoemaker, secretary.) work. I stated that the Missouri Ait.

penence in me penormance or tne advanced. sociation for Social Welfare had made dutles of the position. Superintendents of institutions, heads of services and others filling important arminlstrative INTEREST RATES LOWERED ON NEW LAND BANK LOANS A reduction in interest rates to ihi a careful study of the situation and had a plan to offer that would reduce the cost of taking care of the wards of the state. or technical positions would be appointed In the same manner as di per cent on new federal land bank rectors of divisions. (April 21-27) BIRTH OF THE MISSOURI INTELLIGENCER This week commemorates the founding, on April 23, 1819, at Franklin, Missouri territory, of Missouri's pio This plan provides for the creation loans made after April 10 through na The board would have power tc of a state department of public wel Missouri, representing total resources of $6,063,628, are now pending before tne federal Home Loan Bank board in Washington.

Several of these associations have received preliminary approval for federal charter with conversion now subject only to the consent of their stockholders. New federal savings and loan associations are already in full operation in Kansas City (3), St. Joseph, Liberty, Overland, Parkville, Raytown, Affton, University City (2), Brookfield, Centralis, Ghillieothe, Clayton and Wells-ton. Federal savings and loan associations, formerly under state charter, tional farm loan associations, has been classify the inmates of the state in fare by the consolidation of the de announced by Walter L. Rust, presi stitutions, to designate given institu ions or parts of institutions as receiv neer country newspaper, "The Missouri dent of the Federal Land bank of St.

Louis. Loans made directly by the bank in those territories not served congress and signed by President Roosevelt, will be approximately for highway construction and grade crossing elimination alone, according to Scott Wilson, chairman of the state highway commission at Jefferson City. The federal funds, which will be used largely for the construction of farm-to-market roads, will mean a great increase in jxyad construction In Missouri during 1935 and 1936 and will provide employment for thousands now without work. None of the $24,907,000 will be used for the proposed Ozark parkway system, according to Chairman Wilson, who states that this project, which is advocated by the state planning board, may be financed by other federal grants. ing centers in which inmates may be studied and classified pending more Intelligencer and Boon's lick Advertiser." The town of Franklin, once the partment of penal institutions, the relief and reconstruction commission and the board of managers of eleemosynary institutions (which already Includes the blind commission and the state board of corrections and charities by permanent assignment to an institu by a national farm loan association will bear 4 per cent.

prospective if not the actual commercial rival of St. Louis, was short-lived. These new rates, the lowest at which tion, to assign such persons to one of the various institutions to which they a previous consolidation.) It existed barely a decade, when it yielded to a greater rival, the Missouri the Federal Land Sank has ever made loans, will not affect loans made prior may be admitted for care or treatment The control and management of the to provide that certain institutions department of public welfare would be vested in a board of nine unpaid members appointed by the governor with-. specialize in given types of training, to make the diagnostic or treatment facilities of one division or institution are located In Kansas City (7), St. Louis (2), Independence, Farmington and Klrkwood.

The 10 associations serving the Kansas City area have total assets of Applications for federalization are pending for three other Kansas City building and loan associations, with resources amounting to $2,519,116. out regard to political or religious ai river. But during those lew years, attracted a population of nearly 2,000, stores and lactones, churches and schools, a newspaper and a library. Its real estate was as high 'as St. Louis property.

In it lived men who won statewide fame, lawyers and statesmen, soldiers and traders, artists and filiation and without recard to sex avauaoie to anotner division or lnstl- to April 10. This is the second interest reduction made recently by the bank, the rate on new loans made through national farm loan associations having been reduced from 5 to 4V4 per cent on April 1. For about two years loans have been made through national farm loan associations at 5 per cent, with a temporary reduction to 4 V4 per cent until but on a Dasis or known interest and LU uuimw irum experience in relief work. tone institution to another. PRECIOUS ELEMENT MAKES OATMEAL EXCELLENT FOOD Grandad and grandmother, who When first organized, the members 1 wexl weeK we continue witn me Other building and loan associations of the board would be assigned bv lot i reiaies to county or aistnc boards of welfare.

which have applied for federal charter are located in St. Louis (4), St. Jo three to terms of two years, three to four years and three to six years; probably never at a breakfast In which plenty of oatmeal wasn't included, certainly knew their foods, modern sci seph, Bonne Terre, Cape Girardeau educators. Few towns have equalled the work of Franklin in so short a life. It was truly a child of fortune and a victim of destiny.

Of its many fruits. Franklin will be longest remembered as the birthplace of the Santa Fe trade and of the first July 12, 1938, as provided by the emer thereafter each member would serve six years and until his successor Is ap-, Carthage, Hardin, Moberly and Sweet Springs. A new federal savings and ence tells us. More and more, diet authorities are recommending oatmeal as a means of keeping fit, for they pointed and qualified. The members gency farm mortgage act of 1933.

After July 12, 1938, these loans will beat interest at the rate of 5 per cent, while loan association Is in process of organ lzation at Joplin. of the board would elect their own chairman and such other officers as have discovered it to be one of na newsnaoer west of St. Louis. Both DUST BAD AT McCOOK, NEBR. That the dust storms were bad at McCook, was told this newspaper last week by Ora D.

Chilton, who with his daughter, Miss Arylene, came from McCook last Thursday and visited here until Saturday night with his mother, Mrs. Fort Chilton, and with other relatives and friends. jthe 4 per cent rate on new loans The latest available figures show ture's finest foods, rich In a great pro they may desire. tective element. But this is only a means to an end.

iiave uveu wU1 be effective for the entire period tury mer. of the loans, ranging from 20 to 30-the Columbia "Herald-Statesman, ex- amortized basis, as in about 230 building and loan associations in Missouri with assets of more than $169,000,000 (as compared with This element, the nerve-nourishing While the consolidation would be good vitamin keeps appetites good, tones business, and would make some sav ho mat. Thf mi lift inn will nnt. of. up the digestive system, combats nerv Chilton brought with him a copy of Puritan New England and Cavalier fect tn 5 Der cent interest rate or ings, the real saving to the taxpayers rp The McCook Tribune, which gave the would come through prevention $227,000,000 in savings deposited in all the banks of Missouri), indicating the Importance of these associations to home financing and community de Virginia united in founding Missouri's land bank commissioner loans.

ousness and irritability. Though it is essential to every good diet, most foods don't supply this precious element, so habituation and increased efficiency following account of a dust storm in pioneer newspaper, as they nave so its issue of last Wednesday: often done in upbuilding the center state. Nathaniel Patten of Massa- velopment in this state. Approxl care should be taken to include the mately 200,000 people are shareholders foods that do contain a sufficient supply of vitamin in every day's menu. through the creation of central serv-j ices pertaining to personnel adminis-trailon, financial budgeting accounts and purchasing, classification, industries and agriculture, foods and dietetics, research and satisti.

In these associations. chusetts and Benjamin Holliday or Virginia were our pioneer country edi "The Federal Land Bank is organized on a co-operative basis to supply long-term mortgage loans, at the lowest possible cost," Mr. Rust said. "This interest rate reduction is in keeping with the policy of the bank to pass on to farmer-borrowers any savings which rjtn bp affpeted in the cost of credit." Oatmeal is an exceptionally fine Federal charters are being sought by tors. The partnership or these two was source of this vitamin.

Per single serv "Completely enveloping the city of McCook and surrounding territory in a dense blanket, a dust storm drifted in yesterday shortly before noon, and by 4 o'clock it was necessary to turn on the street lights. Prior to this motorists had turned on their lights as a safety measure. "The dust, which was not accompanied by heavy winds, partially lifted soon dissolved, and first Holliday and later Patten became sole owner. The Through these services it will be ing, oatmeal is three times as rich in vitamin as is a cake of fresh yeast. Cauneal, too, is most economical and latter served as owner and editor from The loans will be made for long Pi Die to co-orainate all or the di-periods of years repayable in small I visions and make the best of all per- 1822 to 1835.

Patten was a man of culture and can be quickly and easily prepared. Moreover, it is a delicious cereal and many Missouri associations as a means of stimulating the good will and confidence of investors. The ready reception given by the public to federally chartered institutions is shown by the rapidity with which depositors have expressed their co-operation in the conversion plans, and their willingness to exchange their shares for insured shares of the converted associations. The federalization program is pro semi-annual installments, and in all I scnnei, supplies and equipment, other respects except the Interest Anyone can see that this plan places rates will be identical with previous a huge responsibility on one board. fine nourishment for both children about 6 o'clock, leaving a thin blanket education.

His Ideals were high, his courage unquestioned. Deafness and ill health, debts and and adults. With this responsibility must go power of siIt covering the town. Winds again land bank loans. seemed only to refine his loveable to appoint tne right kind or executive! weunesoay picitea up ine auti 10 fcv.o spirit.

His paper lacked much from modern standards, but it did much from the standards of the day. It was Fred McLaln of King City was In 1 officer. He would be known as the tnis section its second consecutive day Stanberry on business last Friday aft- commissioner of public welfare, ap-iof irritating dust, emoon pointed by the board on the basis of A week Tuesday, McCook was education, ability and experience in forced to turn on street lights when Mayor Porter Sampson of Albany the administration of public welfare dust accompanied by rain swept the w(ls a SLanben business visitor last activities, and without regard to resi- city- Dust yesterday, unfortunatey, The C. B. C.

faculty will be represented at the reunion banquets held by the Chillicothe Business College alumni In both Washington, D. and St. Louis this week. Such reunions were also recently held in Kansas City and Chicago. Adv.

25-lt-p. clean and well printed, had few typo ceeding under a 1933 act of congress to provide local, mutual thrift institu graphical errors, used excellent Eng tions in which people may safely in vest their savings, and to make avail dent or to political or religious af- lacked the rain, and no moisture was Friday afternoon. able a large volume of private funds filiation. reported in this section. There would be established five di- 1 ''Encouraging Wednesday morning visions: (1) Relief and reconstruction; w8 the unconfirmed report that rain for the financing of homes at eco nomical cost to the borrower.

How's your subscription to The Stanberry Headlight? Elmer Crockett and Ray Ruch of Gentry were in Stanberry on business lish and, despite a period or politica bitterness, was free from abuse. It lacked "gossip" and personal news. Patten was married twice during his editorial career, but he announced neither of his marriages. Wit and humor were absent from this pioneer sheet, and its pages were covered with political news, foreign, national and Through the Federal Savings and last Friday afternoon. Sheriff Merritt D.

Miller and Deputy Sheriff Oliver (Doc) Thompson of Al- state. banv were in Stanberry on business The Missouri Intelligencer sur one day the first of the past week. LIIE THE I The new $20,000.00 dining hall under construction at the Chillicothe Busi vived is a mystery. Prices were high and money was scarce. Type, paper and material came from the East Readers were few.

For years Patten had only 100 subscribers and seldom ness College is now story high and workmen are Dourine concrete for the YOU' over 400 The subscription price was reinforcpd concrete floor. The build- Loan Insurance Corporation, every Investor in a federal savings and loan association is protected by insurance of his investment, up to $5,000 per shareholder. Insurance Is also open to state-chartered building and loan associations which apply and qualify! This safety provision is expected to attract new investors to enable insurer associations to go forward on a normal basis. An additional source of capital for federal associations is available through the fact that the U. treasury is empowered to invest in their shares, up to three times the amount invested by the public.

Federals also may obtain advances from the Federal Home Loan Banks of their respective districts. Each federal association thus is a potential force to expand the supply of mortgage money locally and create new building activity and increased employment in its $3.00 In advance, or $4.00 when paid at lng js to be fireproof. Adv. 25-lt-p. A WEEK OF ID 1 C1AL BUY YOUR HOME NEEDS AT THESE OUTSTANDING PRICES IN THESE BIG SPECIALS THAT LAST JUST ONE WEEK Saturday, April 27 to Saturday Night, May 4 lending area.

Although each federal association is federally supervised and examined and operates under uniform practices developed on the basis of experience, the Institution retains its essential character of local control, ownership and management. A federal associatior operates on the mutual basis, with all shareholders on an equal footing. Dividends, depending on earnings, replace fixed interest rates. There are depositors, and no special profits to any group or Individuals connected with such an association. In practically all states, federal associations lend on the long-term amortization basis, employing the "direct reduction loan" by which borrowers make monthly payments of principal and interest, approximating $10 a month per $1,000 borrowed.

As of April 15, there are. 752 federal savings and loan associations in 41 states throughout the country, with total resources of $212,849,536. Of these, 225 are converted Institutions formerly under state charter. They're the kind of people it's nice to have as neighbors. They always seem to have such a good 'time together.

Their home isn't large, but it's furnished in excellent taste; everything fits perfectly, as though it had been made especially for the very space it occupies. 29c Castoria, Pitchers, per bottle And their dinners are charming. Not expensive, but different new and interesting dishes that other people haven't heard of yet, Mrs. Robinson dresses beautifully, too. Her clothes have that air of coming straight from Paris, yet she doesn't spend much on them.

Vantine's Incense Burner, with Perfume Sticks, both for 23c Aspirin, bottle of 100 37c McKesson Shaving Cream, 2 tubes 37c Milk of Magnesia Tooth Paste, per tube 19c Or 2 tubes for 33c SUBSISTENCE GARDENS BEING PLANTED Jefferson City, April 22. More than 600 acres of Missouri's richest soil is being planted in large-scale vegetable Moth Balls, per pound box 14c gardens to produce food for the state's needy, according to Wallace Crossley, state relief administrator. The production tracts, located in various Genuine Hot-Point Irons, fully guaranteed, each $2.95 MANY OTHER ITEMS INCLUDED IN THESE SPECIALS FOR ONE WEEK ONLY! counties over the state, are in addition to 114,000 state-sponsored subsistence If you should ask her how it is she- manages things so well, Mrs. Robinson would smile and say, "It's really very simple. We budget our income.

That' tells us how much money we have to spend. And we read the advertisements. That tells us how to spend our money wisely." borne gardens planted by the unem ployed for their own use. Similar projects were carried out last year and In spite of the drouth the Free-3 PHOTOS 3-F ree gardens producea many tons of foot' which is still being distributed to re lief clients, he said. Three types of production "tracts have been established: County work WITH EACH $1.00 PURCHASE! Be Photographed 3 Photos for project tracts on which the laborers 10c Finished while you wait are paid an hourly wage from work relief funds; local projects sponsored by communities in return for the produce from the gardens for distribution to the poor in that Immediate communis tv: and ooooerative Droiects worked bv KODAK FINISHING and DEVELOPING by Marvin Sitton.

Leave Films Here. 2 GOOD AND EEAD THE ADVERTISEMENTS! persons from the relief rolls who will divide the produce from the gardens proportionately to the number of hours each works. The state relief administration is furnishing the seeds and materials for all gardens. Canning centers will be set up near each production tract for the conser-j Park Service St ore.