Kossuth County Advance from Algona, Iowa on March 16, 1933 · Page 1
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Kossuth County Advance from Algona, Iowa · Page 1

Algona, Iowa
Issue Date:
Thursday, March 16, 1933
Page 1
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Weather FA1& wwthw, temper. of ALGONA, IOWA, MARCH 16, 1933 8 Pages Number 27 DOING fhousands of Dollars in Gold and "Goldbacks" Turned USINESS Jgonians Shaken in Californ IIVID STORY REVEALED IN L UETTEH Former Algona Gir Writes of Great Coast Quake. "I have just about decided tha iwa is good enough lor me — , low, lightning, thunder, and all living through an earthquake ha: ton all the charm out of Callfor wrote Hazel Nicoulin, Lo ingeles, to her mother, Mrs. Thos Are, Algona, at noon Saturday Mowing the great earthquake Way night, Sho went oa to say ["There are no words to describe I was never so frightened In |; life. "Martha [a friend] and.. I had lit gone into a little cafe. All ot [sudden the lights went out, th Ming started moving north an< nth, and there was the most ter- 'tfng roar I've ever heard. Just as suddenly, the ling started swaying east anc , after which the world start^ moving up and down In waves The People Go Wild. •"People simply went wild. The f Iding groaned and cracked, tel- •ie poles swayed back and light fixtures were swing-. ! around, and we could look out ' windows and see buildings is! the street swaying back iMorth beyond belief. ""' course people went into „ »ic. Some in the cafe ran out •we street, where everybody med at them to get out from r live wires. Then an awful ot a breeze even, after which S 5 ," 6 "" gave wa ? and there was bedlam Quakes Follow Each Other. rlght over '"> Martha and edge of a davenport, When a door ting me we » first flash on the radio was | We , r °J iOP - dea(l ln . of Martha's We tried to I ot course Poor Martha just went relatives use the Quakes kept coming, ' 11 8 . a V' le first , 8 <*onds-lioo years °f but in were in a when the were sitting ie place start- they they were • col- Director r p.HousANDS OF KOSSUTH pe o pie will instantly recogniz this picture of C. B. Murtagh, stat budget director-designate. It wa supplied to the Advance by cour tesy of the Des Moines Register. Ogren Is Out for Mayor on Third Ticket °*_ vered they had to tOOk „ d ^ Ict under There were a number of sur prises in the last day of nomina :ion filings at the city clerk's of !ice for the city election a week from next Monday. The big surprise was the filing of Albert Ogren's name on an independent ticket for mayor. Mr. Ogren had been solicited by mail for permission to use his lame. In a recent letter to R. G lichardson he said that If enough Jriends wanted him'to run he would be glad to do so and would >e satisfied whether he won or ost;. Mr. Ogren, who is now in Texas, plans to return before the election. Another new name is that of Leighton Misbach for coucilman rom the Fourth ward. .Mr. Mis- lach has for some years been as- iociated with his father in the lothlng business. There are now three tickets, as ollows: CITIZENS Mayor, C. F. Specht. Councilmen-at-large, Thos. Kain, rank Geigel. First Ward, W. A. White. Second Ward, W. A. Foster. Third Ward, Frank Kohlhaas. Fourth Ward, Conrad Herman. Assessor, B. H .Beardsley. Treasurer, H. L. Gilmore. Park Commissioner, E. J. Gilmore. PEOPLE'S. Councilmen-at-large. E. R. Rls- ng, W. J. Becker. Fourth Ward councilman, Leighon Misbach. INDEPENDENT Mayor, Albert Ogren. The Citizens' ticket consists of incumbents, except H. L. Gilmore for treasurer, Herman Hauberg, present treasurer, having refused to run agadn. 4 ALGONA BANK KEPT BUSY BY RUSH OF GOLD Amazing Amount Brought in for Changing. is of ap- they An amazing amount currency lias made its pearance at the Iowa State bank since the banking holiday .started. Monday a tota of $10,350 in "goldback" certificates Avas turned in by persons who wanted .to escape the term of hoarder, term which now almost connotes what "slacker" did ir war time. Every day more of the forbidden money — gold or gold certificates—is coming out of hiding—old bills some so fragile with age that they are almost brittle. Others are stained with sweat till smell, and some bills are even tainted with mould from having Jeen buried. -Still others carry stains of rust from tin cans Jn which they were buried. Rush to Turn in Gold. Goldpieces are coming in in hundreds of dollars, and denomina- ions range from the rare gold dol- ar up to the double-eagle. More ban $1,000 in gold coin was received Monday. Much of the rush is occasioned >y the government threat of a heavy tax on all gold money which Domes out of hiding after a certain date. Just what the tax would be las not been announced, but it (vould apply to all gold and every gold bill, that is, a bill redeemable n gold, and would probably be arge enough to make hoarders vince. Hoarded Currency Deposited. Practically 60 per cent of the pa- er currency turned in is of the Id size, in use prior to July 1, 929. One of the causes of this depres- lon, or at any rate ot its continu- nce for the last two years, has een this hidden money. Each dol- ar in bank or in circulation is orth at least $10 in credit circu- ation, and the boarding of millions as thus caused ten times as much brink in credit circulation. When Igona had four banks the total eposits here was more than four lillions. Now the total is only ne and one-quarter million. Where $4,000 Was Hidden. It is difficult to estimate the nount of hidden money there has een in the whole county. There in to Bank ia Earthquake Long for Good Old Iowa BANCROFT YOUTH'S JAW INJWO PLACES ^ Julius Juchum, 22, son of Mrs. Kmina Juchem, northeast of Bancroft, suffered a double compound fracture of the jaw Saturday night, when he tried to separate two combatants at the Green Lantern night club at Hobarton He was hit in the jaw with a piece of gas pipe wielded by one of the scrappers. Juchem was taken to Iowa City Sunday afternoon, and will be a patient at the university hospital for several months while the frac- tuer is healing. For the time being he has to take food in liquid form through a tube. He will be unable to chew till the jaw heals. Nothing definite is known about the fight. Several stories are afloat. No action against anyone bad been taken up to yesterday noon. The two fighters are reported to have been drunk and to have fought over a girl. Theodore Hutchison Honored. Theodore Hutchison has been honored .with appointment to the editorial staff of the Law Review, an Iowa university law college publication. Theodore is a senior in the college. Crowd Greets M.E. Choirs Sunday Night The annual gathering of choirs representing 50 Methodist churches in the Algona district brought throngs of people here Sunday evening. A count of people stand- ng in doorways, corridors, galleries, and iSunday school rooms revealed more than 650 outside the nain auditorium, which with extra chairs seated more than 600 others. 'Several hundred other people were • turned away for lack of 'oom. The churches of the district promote this music festival to create greater .interest in church choirs and Sunday school orchestras. There are Class A, and Class B choirs and orchestras. Churches having more than 200 members are n Class A. Music for the festival is selected and given to the churches some iveeks in advance and is used in regular choir work by local choirs. Thus the singers, become familiar with the music, and with one re- learsal when the several choirs ome together the afternoon of the 1 broke big toed; firea. "nuai ap or leave u? Ga , out I the gas n tte streets . D own town L f 1 ? 88 windows bricta ail had no water to up practically the flash 111 ' radl ° ke Pt up a °" or news, and i*'« at 9 tod it's was a bad amj ones the rang Martha's [the, an ' he hun ten, tell their I 1 jon <iritlk thrown "ashed that no without |£«!5S**«i. Gas Station Is Planned. Whittemore, Mar. 14—Guy Farrell is hauling gravel for a iPhil- lips €6 gas station a mile north of town on the pavement. He will have charge of the station. one outstanding instance of oardlng on record. A Kossuth ounty man died last year, and ore than $4,000 was found in cash in a trunk in his attic. Not even his family knew of this hidden money. A fire would have de stroyed it unknown to the heirs. It is now certain that the gov eminent is going to try to get al hidden money into circulation. A suggestion is to print new money (Continued on Gold. page S.) Community Club Head Asks for Co-operation By T. H. Chrisciillles, President Algoiw Community Club. Cooperation is the watch word of the new day. This applies not only to our national affairs, but to every 'town and city in the United States. With this thought in mind, the new board of directors of the Algona Community club urges every business and professional man in the city to get behind the one organization designed primarily to further the business interests of Algona. If you are already a member of the local Community club, devote your energy towards the fullest cooperation with the present board of directors. If you are not a member, join the one organization which promotes the business interests of our city. Never has the need for constructive, busln----*uild- iag ideas bees xaore urgent. The present board of directors will act a» a nucleus tor crys- *alli?teg sentimeut ia the com- wualty, with the end la view of restoring to tals cowmuaity a psrwaaent prosper- ity. The board mil hold regular monthly meetings, at which suggestions for furthering the interests of Algona and this community will be discussed. If you have suggestions or ideas, whether you are a member of the club or not, you are welcome to meet with the board and outline your proposition. Cooperation between all classes of business and professional men of Algona is imperative. It is the one thing that can and will restore confidence and help bring about a condition of prosperity. Algona occupies an enviable position in the business life of northern Iowa. We must fight to retain that prestige. It can only be accomplished by the combined efforts of every business and professional man. in our community. Get behind your board of directors. These men are giving their time aad energy without building up ILet coopera- coBipeuaation to this community. tloa be the pwamouat issue for local •business in 1933. estival, they are ready for the ig program, where all sing together. Two hundred twenty-five per- ons in Class A presented the Hal- elujah Chorus and the Evening ong Sunday night under Prof. Paul McOollin, head of the Morningside conservatory of music. More than 100 played in a combined Sunday school orchestra under the direction of Prof. Leo Ku- clnski of the department of instrumental music at Mornlngside, Bishop Leete, of the Omaha area, at the close of the program, gave a short talk in which he praised the work of the choirs and the purpose of the festival. FIRE DAMAGES ENGINE OF BIG GASOLINE TRUCK The Coryell gas stations' service truck caught fire Tuesday afternoon while it stood at the station after having filled its tank with gasoline. When the driver, Andrew Beck, stepped on the starter, it is thought, a short circuit ignited and a fire broke out under the engine hood. The flames soon exploded the glass container on the carburetor, and-this, let out a stream of gasoline to feed the flames, which leaped nearly ten feet in air. Meanwhile H. C. Orr, manager of the station, and Wilfred Johnson, who had been in the truck with Beck, pushed it away from the station and shoveled sand on the blaze till the firemen arrived. The truck was a new Ford, jought only a week before, and it had been filled for deliveries in the country. The wiring, a broken window, damage to the upholster- "ng, and wiring damage were all .hat was suffered. SAFE, SECURED SCRIP READY FORJSSUANCE Community Club Has Supply on Hand for Emergency. One of the standard jokes amon printers almost became a realitj at the Advance office Friday nigh and Saturday, when $1500 worth o scrip was printed. It has ahvay been a common jibe to question s printer 1 who tenders a fresh bil and ask whether lie printed it him self. The scrip In question was or dered »by the Algona 'Communltj club, after a meeting Friday nigh when it looked as if the bank, would not be opened for anothe week. It was to have been issued Monday. Later plans for an earlie reopening ma^e the step unneces sary. Scrip Was to be Secured. To supply persons who wish to keep souvenirs of tbe presen banking troubles, a supply of th< scrip has, however, been made available at the C. R. La Barre of fice, first door north of the Iowa State bank. The scrip was to have been se cured by cash, bonds, or other security to back it up and make 1 pass locally unquestioned like money. Under the plan a business man who held $130 in checks tied up because of the bank troubles could have secured $100 worth >of scrip putting up the $130 worth oi checks as .security or otherwise backing the scrip. Then, when the bank reopened the business man could have returned either $100 in scrip or $100 in cash to redeem his $130 worth of checks. Final Redemption Planned. The club plans called for demption of the scrip after July 1, meaning that anyone who held it could present it after that date and get U. S. currency, Provision was made for earlier redemption by the club on publication of official notice. The final redemption date was fixed at September 1, after which the club 1 would not redeem. The regulations were printed on the reverse side of each piece of scrip. The scrip was printed the same size as present dollar bills. There were three denominations: $1, 50c, and 25c. The dollar .scrip was printed in blue, the _0c scrip in red, and the 25c scrip in black. Both sides bore the denomination prominently. The paper was a pink safety paper. TRACK AND FOOTBALL PBACTICEJS STARTED High School Coach Kenneth Mercer called for volunteers for spring track squads Monday evening, and more than 15 boys answered. Prospects indicate a fair team. Because no track schedule has been made yet, and because the weather is still unsettled for outside workouts, Coach Mercer decided to set aside only two weeks for spring football practice. Nearly 60 boys have answered the call for football, and there are not eriough suits to fill the demand. With the help of the manual training instructor, Adrian Burmeister, Coach Mercer is developing two nines for a practice game sometime next week, if weather permits. Prospects for a good ball team are better than heretofore in some years, though most of the boys are somewhat undersized. Lost from last year's team are Green. Cowan, Shilts, and "Thompson. Chrischilles Is Elected Community Club President T. H. Chrischilles was elected president 'Of the Algona Community club Friday afternoon at an organization meeting of the board of directors, elected last week Monday night by the club membership. C. R. La Barre was elected vice president; D. E. Dewel, reelected secretary. A special committee consisting of Messrs. G. W. Stillman, R. H. Miller, La Barre, .Chrischilles, and Dewel was appointed to consider scrip for circulation in case the local bank was to be tied up another week or longer. The committee met that evening, and after discussion ordered the scrip to make .sure that it would be on hand, if needed, and ready for immediate circulation. Secretary Dewel worked nearly all night at printing the scrip, which was ready Saturday morning. Committee meetings were 'held that day and again Monday. It appeared Monday that the Iowa State bank would be permitted to reopen by today, if not before, so plains for issuance of the scrip were held in abeyance. Tills scrip .will be interesting in days to come and will be valuable contributions to scrap books. As time passes it may become valuable to professional collectors. The scrip is available in 25c, 50c, and dollar denominations. A combination of three will be an interesting display for future talks to grandchildren. MICHEL, MONLUX WIN IN ELECTION A. E. Michel, present president and Mrs. D. D. Monlux, only nom inees for directors on the schoo ballot, were easy winners Monday the annual election. .Dr. L. C Nugent, a dark horse whose name Bank Ordered to Give List of Hoarders Hoarders of gold and gold certificates are being sought by the even NEW DEPOSITS REPORTED AS HOLIDAY ENDS State Banks Opened Under New Law Monday. All Kossuth banks except of tn» Humboldt Trust and Savings bank branch at Lu Verne were going; yesterday, telephone -calls ascertained. All reported heavy deposits, with a steady small flow o£ gold and gold certificates. All state banks had to open under Senate file No. Ill, which, for United States government in „._„ small towns, villages, and outlying communities. Last Thursday the Iowa State bank received the following telegram from the Federal Reserve bank, Chicago: "You are requested to com- j)Jie as complete a list as can be made on the Information you are able to obtain of the names and addresses of all persons who have withdrawn gold or gold certificates from . your bank and who have not rcdeposited them in a bank on or before March 13, 1983. "Two lists should be furnished, one showing' the withdrawal of gold and gold cer- tiflcates before February 1, and the other since that date. These lists are to be sent to the Federal Reserve bank of Chicago as soon as possible after March 13. Publicity may »e given to this request," Many "Goldbacks" Received. | Since the drive began a week Jed yesterday under'fedTrTf license^ ago a_gainst gold hoarders and re- released from restrictions. * 1 Iowa State bank, West' Bend- Opened Monday by state; released from restrictions, Whittemore The Iowa State bank, Algona, yesterday took in a total oj »105,000 in deposits, and at tne »S«n«n the day ' s busincs s had (23,000 more currency than at 9 a. in. when the bank opened. the .time being holds up old deposits till they are released by the state banking department, which release will be given as soon as general conditions warrant The banks Farm House Is Burned. The house on Mrs. W. H.^ Harrison's Plum Creek farm, occupied by her son, was burned to the ground Friday night. It was insured in part. -Mrs. Harrison lives on another fawn, north of town. Bourne Addresses Brotherhood. The Baptist Brotherhood met (vith Orville Elkins Monday ndght, and Dr. M. G. .Bourne spoke on city heritable medical service. H. N. Cruse is president of the (Brotber- lood, which has some 36 members, and 'L. A. Miaer is secretary. Check Artist Sentenced. George Lappe, Bancroft, received a sentence of 30 days in the county ail Tuesday from Justice W. jr. Javlsoa. Burt, oa a charge of pass- lag a worthless oaeefc;. Lappe " " ust finished serving; a 60-day Jail Prisoners Do Real Labor Sheriff Carl Uahlhuuser be- I lleyes In keeping guests at his "hotel" busy at the hard labor to which they ore sentenced. They speat Monday chopping tree logs three feet through and 30 feet long Into wood for heating the JoJJ, and Tuesday they were set at carrying old record books upstairs ia the courthouse for storage. Carl oplues that » sentence to bard labor sowetWng to a d*wo. was not brought out till election day, polled 103 votes, a largi lumber considering that the nanv lad to be written and that many voters did not know he was run ning. The election figures follow A. B. Michel 343 Mrs. D. D. Monlux I..32 C. Nugent I"lO R. La 'Barre 1 "III i 3r. C. H. Cretzmeyer •I. W. Caldwell I_ j_ Dr. F. E. Sawyer _____ "2 D. W. Habeger _ _ '_"_ Dr. R. M. Wallace !___ i A. L. Peterson '___ E. J. Gilniore, unopposed nom nee for treasurer, polled 353 rotes, and was high man. Interest in the election ran high n the late afternoon, by which ime It become generally known hat Doctor Nugent was in the ace. Mr. Michel, who is president, ucceeda himself, and Mrs. Monlux ucceeds Mrs. George St John, who was not a candidate. Other members of the board are G. D. Shumway. Dr. W. D. Andrews, and Mrs. C. B. Murtagh. Mary Mitchell is secretary. F. B. OFFICE MOVED TO COMPOSE BASEMENT The county Farm Bureau moved its office Saturday into the northwest basement of the courthouse formerly'used by the county welfare worker. The entrance is just west of the south madn entrance to the first floor. 'Four inmates of the county jail helped carry the equipment to the quarters. It is reported that they had spent all the night before and up to 7:30 that morning working a Jigsaw puzzle, and when they were routed out of bed at 8 had had only a half hour's sleep. They had started on a 504-piece puzzle at 10 o'clock the night before. Sheriff Carl Dahlhauser keeps the inmates fairly busy at chopping wood and performing miscellaneous other work. Men confined at present are Richard Brodigaa, of Emmets-burg; Paul Smith, Whittemore; and John Giest, William Bingaman, and Edward Lichter, Algona. Smith does the cooking for the quintet. ceived much publicity in daily newspapers, the Iowa State bank has received thousands of dollars' worth of the gold certificates, or goldbacks", which are redeemable at the U. S. treasury for gold. In one day more than $1,000 worth of the old size gold bills, which are much larger than' the new were turned in at the bank. size, An idea of the hoarding that had obtained even here may be obtained from the fact that these bills could riot have been in circulation since July 1, 1929. This was the The Algona pos toff Ice recelr- ed from one man Saturday $680 In old.slze gold certificates, old, worn, and pinned together. They had been kept In a damp place so Ion? that a safety pin used to hold them together had rusted and was hard to open. The postofflce included them in a shipment to. l)es Moines. The Iowa State bank shipped $4200 In gold and gold certificates to the Federal Reserve bank, Chicago, Saturday, this being in addition to what the postofflce sent to Its main office at Des Moines. ened Monday Farmers under s. heavy new deposits. F*. date when the new-size currency was first issued, and since then all the old-size bills have been taken up by banks whenever received and sent to . Washington, where hey were d-estroyed. Thus it is certain that this money has been hidden away in tin cans, under mattress, or els-ewhere nearly four years. Hoarding like his is one of the reasons why the credit situation has become progr- ressively worse and why former Algona banks had to close. Dollar Goldpiece Brought In. In addition to the gold bills some rold coin has come out of hiding. Saturday a woman even brought in -i keepsake dollar goldpiece, saying he would not be branded a hoarder. This goldpiece is a real cur- oslty, and it is worth $2 to $3 to are coin collectors. It is about' he size of a little finger nail and Inrost as thin as paper. •• ed 1859. It is dat- Only a comparatively few dollar 'oidpieces were ever coined and one have been in circulation for was therefore Court to be. Light, Tomorrow is the last day for fil- the term of a week from ing new cases for court which opens Monday, with Judge F. C. Davidson on the bench. Indications yesterday were that this term Would be one of the lightest in years, the decrease in business having been caused by the holding up of foreclosures. Judge Davidson Sick. Judge P. C. Davidson, Emmets- was reported afWleted wlti a severe attack of 'W<xx>agh» last suffered tore Q] 4ays be- relief. He i$ ^W enerations. It was found that they were too small for general circula- ion, and coinage iscontinued. Mementoes Not Wanted. Coins such as these, which are lementoes in most cases, are not, ;• is believed meant to be included i the government's drive for gold, lough no exception has been made i the proclamations or new laws. 'he government is, in fact, mostly fter the big hoarders, such, as one reported last week who attempted to ship saSQ.OOO in gold coin by airplane into Mexico. The local bank is advising people who bring in keepsakes to retain them for the present and only give them up in case the government expressly requires such action. T £. LUKAN, Industrial ^ ion, Westtaghouse Electric & Mfg. Motaes, writes: wish to compliment yw on tbe juanner IB which your cooking school ww conducted We feel that owr . , Exchange State, Wesley— Opened Monday under 8. F. Ill; new- deposits large. Titonka Savings bank— Opened Monday under S. F. ill; new deposits large, with rush first day Farmers & Traders Savings. Bancroft— Opened Monday unde» S. F. Ill; large new deposits. * 'Ledyard State-Opened Monday under S. F. Ill; steady and large run of new deposits. Lu Verne branch, Humboldt Trust & Savings— Not open pending release of parent bank. Hurt Savings — Opened yesterday ; released from restrictions. Lone Rock bank— Private bank- open without restrictions. Whether a bank has not yet been released from restrictions means nothing. The state cannot get around to all banks at once. SHEBIFF KEPT BDSY BY LARCENY REPORTS Reports of petty larceny , have been keeping Sheriff Dahlhauser busy. Sunday he was called to Ledyard by a report that a set of harness and a Western saddle had been stolen at the Burton Johnson farm. A number of other- reports of stolen harness have been received. Some silverware was found missing at the Frank Kulow farm Sunday evening, and the sheriff questioned the hired man, Henry Meier, and two friends, George Willey Jr. and Wade Coon, supposed to have been on the farm with him. The three were picked up Monday and sentenced by Mayor Blossom, Burt, on charges of drunkenness and disturbing the peace. Meier received a sentence of $10, but was unable to pay, so was given three days in jail! Coon was given ten d'ays; Willey, five days. A theft of a horse at Blue Earth was reported here Tuesday, and 50 • chickens were stolen from a farmer near Burt Sunday. Claim Wife is Feeble Minded; Asks Decree A divorce case with an unusual angle was filed in district court Tuesday by Walter Reutz, Burt, against Martha Rentz. The petition says Arthur Tietz is guardian of Mrs. Rentz. Mr. Rentz claims his wife was adjudged feebleminded prior to the marriage, but that at the time of marriage and for several months afterwards he was unaware of the fact. The couple were married in July, 1933 but separated a month later, aad' Mr. Rentz claims his wife circulated false rumors reflecting on his honesty. so injuring bis reputation at Burt that he has beea unable to get a job, . Y Wound to , Mrs. Ethyl Morrison suffere4 severe cut la Uw rlgjtit hand teat weejj; Wedaesttey njgtt, er'f worth -row tie iliurttsteg

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