oc-plain-dealer 1921-06-06

NEWS OF FULLERTON OLINDA MAN DIES SUDDENLY TODAY Daniel McQuarrie, 58, died suddenly at Olinda yesterday of heart trouble. An inquest was to be held over the body at 4 p.m. today at the McAulay undertaking parliors. Funeral services will be held at 2 p.m. tomorrow. Interment will be at Loma Vista cemetery. Decedent leaves a widow and seven children. HOUSER TO ADDRESS GRADUATING CLASS Rev. J. T. Houser, pastor of the First Christian church of Fullerton, will preach the baccalaureate sermon at Fullerton H. S. auditorium Sunday evening, for the H. S. graduating class. CHURCH BOARD WILL MEET The official board of the First Christian church of Fullerton will meet at 8 o'clock this evening at the church palors. The junior and intermediate endeavor societies will render a program in the main auditorium tonight also. It will consist of a dialogue, songs and various young people's stunts. A silver offering will be taken. The proceeds will go to missions. McVARNES DIES SUDDENLY Arch McVarnes, 55, died suddenly at his home in La Habra yesterday. Funeral services will be held at the McAulay funeral parlor at 2 p.m. Wednesday, Rev. Smith officiating. Interment will be in Whittier. LEAVES NINE CHILDREN Funeral services were held at 2 p.m. today at the McAulay funeral parlor for James Monroe Cornellus of Peralta. Interment was in Loma Vista. Decedent leaves a widow and nine children. WILL LECTURE ON BIBLE Rev. J. T. Houser will lead the mid-week meeting at the First Christian church of Fullerton, next Thurs. COUNCIL SITTING TIGHT ON ITS PLANS The city council of Fullerton, directors of the Fullerton B. of T. and the hotel committee of the B. of T., held a meeting in the First National Bank building at noon today to discuss the proposed new hotel for Fullerton. The city council is "sitting tight" on its declared determination to make no statement of its intentions until next Tuesday night. FARM CENTER MEETS TONIGHT Members of the Fullerton farm center will gather at the Presbyterian annex at Fullerton Monday evening to hear an explanation of the new power schedules by W. J. Dodge, who has been called from San Francisco by the public utility department of the farm bureau. Power users in the north end of the county are being particularly urged to attend. Dodge will remain until Tuesday, when he will be stationed at the council room of the Fullerton city hall to confer with power users on their individual problems. FULLERTON BRIEF'S James McCluskey left over the Santa Fe for Enid, Okla. Mr. and Mrs. Jess W. Keller left today over the Santa Fe for Wichita, Kansas. Miss Minnie Maxwell, Fullerton II, brarian went to Los Angeles today on business. Twenty ears of oranges were shipped out of Fullerton last week, over the Pacific Electric railway, W. R. Warburton, agent, stated today. Joe Marillo, deputy marshal, and Detective Johnson of the San Fe have gone to San Onofre today, and will go to San Diego tonight on business. Mrs. H. E. Buckmaster and habf, of Yorba Linda, were taken to the Anaheim hospital yesterday in a Seale ambulance. The baby arrived about seven months after time after months were leading quarrels understand years ago, lay with money is to To the average millions of literally disseeing their drop. What money which secured so every hand? true answer believe, ma understandation to-day. It may be errally is that prices which past year, all commodities posits have to make them to positions. During the bank deposit the loans borrowed it in his possits were amount.A checked out a Liberty pose, the other bank it became manently in borrower—checked out that had been saved, and correspondi LEAVES NINE CHILDREN Funeral services were held at 2 p.m. today at the McAulay funeral parlor for James Monroe Cornellius of Peralta. Interment was in Loma Vista. Decedent leaves a widow and nine children. WILL LECTURE ON BIBLE Rev J. T. Houser will lead the mid-week meeting at the First Christian church of Fullerton, next Thursday evening at 7:30. This will be the second of a series of lectures of matters of concern to every church member. These lectures will give a bird's eye view of the entire scriptures and form a source of instruction that none should miss. S. S. TEACHERS MEETING The regular monthly meeting of the teachers and officers of the Bible School of the First Christian church will be held in the parlors of the church at 7:30 o'clock tomorrow evening. The entire staff of teachers and officers are urged to be present: SOMETHING AROUND THE CORNER ALWAYS WORTH GOING AFTER GOOD MEATS Stroup's Market "The House of Service" 115 N. Los Angeles St. Anaheim FAIRLAND ANAHEIM TONIGHT— Thomas H. Ince's Great Drama "Lying Lips" Story by May Edington. All star cast featuring HOUSE PETERS and FLORENCE VIDOR Adults 25c; Children 10c; plus war tax. Thomas H. Ince's Great Drama "Lying Lips" Story by May Edington. All star cast featuring HOUSE PETERS and FLORENCE VIDOR Adults 25c; Children 10c; plus war tax. Tuesday, June 7 Shirley Mason in "The Lamplighter" Added Attraction The Russells and Brashears Will entertain with latest steps and fancy dancing. Adults 25c, Children 10c; plus war tax. GRAND ANAHEIM TONIGHT WILLIAM CHRISTY CABANNE'S Leaf from a Woman's Soul "WHAT'S A WIFE WORTH?" Added attraction: Big Two-Reel Comedy entitled "Between Twelve and One." Also International News. Adults 25c; Children 10c; plus war tax. Tuesday, Wednesday, June 7, 8 MR. EMMETT DALTON, Ex-Bandit Last of America's Mosf Noted Outlaws Who Helped Make History in the West, Will Appear In Person Phen connection with his great six-reel feature entitled "BEYOND THE LAW" Adults 25c, 35c; Children 15c; plus war tax. Current Business Conditions By GEORGE E. ROBERTS (From the Monthly Letter Issued by The National City Bank of New York for June) "Where has all the money gone?" Time after time during recent months we have been asked this leading question. People generally understand that, say this time two years ago, money was "easy"; today will presumably the amount in the city's money is tight. To the average man, hundreds of millions of dollars seem to have literally disappeared. Bankers are seeing their deposits and their loans drop. What has become of all this money which, two years ago, seemed so easily obtainable on every hand? Understanding of the true answer to these queries, we believe, means a more intelligent understanding of the business situation to-day. It may be said this condition generally is the result of the fall of prices which has taken place in the past year, the fact that the prices of all commodities have not fallen in like degree, and that bank deposits have not been replenished to make good the drafts on them to pay outstanding obligations. During the period of inflation bank deposits rose steadily with the loans. When a bank customer borrowed money, taking credit for it in his account, the bank's deposits were increased in that amount. And when the customer checked out the amount to pay for a Liberty Bond, or any other purpose, the check went into some other bank as a deposit, and thus it became purchasing power permanently in circulation until that borrower—or some borrower—checked against a deposit account that had been actually earned and saved, and thereby extinguished a corresponding amount of credit. We followed this process of inflating our bank deposits up to their deposits were not replenished as before. Their debts did banks began to lend to the reserve not shrink with the value of their banks of Chicago, Minneapolis products, and the prices of goods Kansas City, Dallas, Atlanta and which they purchased did not Richmond, all of the latter serving shrink in the same proportion. districts in which agricultural in Probably there is as much money terests predominated. This shows in the community as before, but how the banking system of the money is only small change: the country is interlocked and mutually buying power, or debt-paying supporting to the advantage of all power has diminished, and the common form of expression is that it is not so much present speculation as before. What it reallylation and extravagance that is con- it in his account, the bank's deposits were increased in that amount. And when the customer checked out the amount to pay for a Liberty Bond, or any other purpose, the check went into some other bank as a deposit, and thus it became purchasing power permanently in circulation until that borrower—or some borrower—checked against a deposit account that had been actually earned and saved, and thereby extinguished a corresponding amount of credit. We followed this process of inflating our bank deposits up to about November 1, 1920. Some of our bankers were very proud over the "growth" of their deposits during that time, although they signified very little except that a carload of hogs, or wheat, or other products, was creating twice as big a credit entry as before the war. The fundamental point to bear in mind is that money is only the medium of payments. As a concrete example take, say, an agricultural community in the Middle West. The real debt-paying power of that community is in its farm products, and as the prices of these have fallen the debt-paying power, or purchasing power, has been diminished. The bank patrons went on drawing upon their deposit accounts to pay their obligations but their deposits were not replenished as before. Their debts did not shrink with the value of their products, and the prices of goods which they purchased did not shrink in the same proportion. Probably there is as much money in the community as before, but money is only small change; the buying power, or debt-paying power has diminished, and the common form of expression is that "money is tight." What it really signifies is that the means of making payments are hard to find. The agricultural districts have suffered more than industrial districts because their products have fallen more than manufactured goods; moreover they do not have the amount of fixed income from savings that some of the older states have. Their outstanding indebtedness usually runs to other states. The Boston reserve bank was the first to experience liquidation in its own territory, its clients being banks that serve industrial communities. As the latter collected what was due them from other parts of the country, and as their operations slowed down, they paid off their bank loans, and the Boston reserve bank and later the Philadelphia and Cleveland reservations began to lend to the reservoir banks of Chicago, Minneapolis, Kansas City, Dallas, Atlanta and Richmond, all of the latter serving districts in which agricultural interests predominated. This show how the banking system of the country is interlocked and mutually supporting to the advantage of all industries and all sections. It is not so much present speculation and extravagance that is contributing to tight money as past indulgences which had to do with creating the indebtedness now outstanding. It is the debts so gaily created in boom times that make money tight when prices fall. The debts do not shrink with the loss of debt-paying power. The trouble is largely due to the unbalanced state of industry. The prices of what the farmer must buy have not fallen to correspond with the prices of what he has to sell. His purchasing power is contracted and he cannot go on buying the same quantity of goods at the old prices. Consequently great numbers of workmen are out of employment in the industrial centers, and money grows tight with them. NAB THIEF AFTER SEARCH After a search which began last February, City Marshal Thwing announced that he and Officer Murillo have succeeded in locating Ernest Hanson, who is alleged to be "wanted" on a number of charges. Through some clever detective work, young Hansen, who is only 19 year of age, was located enroute to Fresno, for another point up state and a telephone message from Marshal Thwing to the chief of police at Fresno resulted in Hansen's arrest. Thwing has gone to bring him back. Hansen was arrested on a warrant charging him with passing a felitious check. The police also allege that he is "wanted" in Tulare county and they say they have evidence implicating him in a Balboa robbery and they are investigating other affairs he is suspected of having had a hand in. He will be taken to Santa Ana. BACCALUREATE SERVICE The baccalureate service of the Fullerton Junior College was held last evening at the Christian church. The Rev. E. J. Statom delivered the farewell address. The services were very beautiful and devotional. All the friends and parents of the Sophomore class were invited to attend. SPECTATOR KILLED. 8 HURT BY PLANE SUNDAY AT BEACH (Continued from page 1) run from the spot after spectators had shouted agonized warnings, were struck by flying bits of railing and airplane. The scene that followed immediately after the crash was almost in but their deposits were not replenished as before. Their debts did not shrink with the value of their products, and the prices of goods which they purchased did not shrink in the same proportion. Probably there is as much money in the community as before, but money is only small change: the buying power, or debt-paying power has diminished, and the common form of expression is that "money is tight." What it really signifies is that the means of making payments are hard to find. The agricultural districts have suffered more than industrial districts because their products have fallen more than manufactured goods; moreover they do not have the amount of fixed income from savings that some of the older states have. Their outstanding indebtedness usually runs to other states. The Boston reserve bank was the first to experience liquidation in its own territory, its clients being banks that serve industrial communities. As the latter collected what was due them from other parts of the country, and as their operations slowed down, they paid off their bank loans, and the Boston reserve bank and later also. VISITOR FROM SINGAPORE W. Penn Smith, representing the Salt Lake railroad at Singapore, India, was a dinner guest of W. S. Wheaton, local Salt Lake representative, at St. Ann's Inn last evening. Smith is in So. Calif., in pursuance of the Salt Lake's policy of bringing its representatives here for first hand information on this section, in order that they may better acquaint themselves with conditions. With knowledge gained on the investigation tours the representatives are in better position to advise residents of their districts who seek advice as to conditions here. Smith will return to Singapore the latter part of this month.* SPECTATOR KILLED. 8 HURT BY PLANE SUNDAY AT BEACH (Continued from page 1) run from the spot after spectators had shouted agonized warnings, were struck by flying bits of railing and airplane. The scene that followed immediately after the crash was almost indescribable. Women fainted, men appeared stunned and only the cries of the injured were heard. Several doctors who were enjoying a Sunday's outing at the beach, rushed to the scene and under their cool direction and that of Police Chief Jack Tinsley, the work of betting the injured to hospitals was started. The Misses Woodward and Sanford were taken to the Huntington Beach Inn and the others to the Santa Ana hospital. While Hulbert was lying in a photograph gallery after the accident waiting to be taken to the hospital he made a brief statement to those present in which he admitted his failure to recover from the tail spin. Shortly before being moved he lapsed into unconsciousness. For several days Hulbert had been doing stunt flying at the beach. Yesterday he appeared early in the morning and took passengers for rides above the beach. The warm weather and the sunshine had attracted thousands of visitors and for several hours Hulbert entertained them with his flying. He had taken Jackson up as a passenger and was attempting to make his landing field again next to the bath house when the fatal accident occurred. Once when he attempted to land and failed he sent his plane up into the air again for another attempt. This time he came down in a tail spin, but apparently misjudged the height at which he attempted to recover. Those on the beach below, realizing his dangerous altitude, stood with heads upturned. For a moment the machine seemed poised in the air, then it started downward. Around the top of the bath house, a building about two stories high, there was a low guard rail of wood. Sweeping almost across the roof of the building, the machine struck a corner of the railing directly over the beach front, hung for a moment and crashed, a chaotic head into the water. Chief of Police Tinsley, perhaps the most cool-headed person in the crowd that witnesses the accident, is given credit by those who were at the beach for the prompt manner in which the injured were taken care of and the crowd quieted. Miss Woodward is a daughter of Starks C. Woodward, an oil broker with offices in the E. W. Hellman Bldg. Her family is very prominent socially in Los Angeles and they recently moved to a new home on So. Normandie-ave. Miss Sanford is the daughter of J. W. Sanford, prominent resident of So. Pasadena. Both she and her cousin, Miss Wodward, will be confined to the Huntington Beach Inn for several days, according to Dr. C. A. Shank who is attending them. According to friends of the injured pilot, Hulbert learned aviation at the old Chaplin field in Los Angeles two years ago. For some time he conducted an automobile and electrical business in Los Angeles. Up to a month ago he lived at 1264 West 37th Drive. His wife, Winna Hulbert, recently obtained a divorce from the pilot in Judge Summerfield's court and was given custody of their 7-year old son, Arthur. They had been married eight years. Bye came to Riverside a year ago from Cortland, Indiana. He is survived by a brother, Walter, who lives at Riverside. The body will be shipped to Cortland for interment after the inquest. The flying of airplanes over a crowd at a height less than 1000 ft. is prohibited in Los Angeles county by an ordinance passed last December. The Aero Club of So. Calif., thrills county aircraft board, enforces the ordinance in L. A. county. Because the ordinance is not effective over incorporated cities, the Aero Club Saturday sent out urgent appeals to all cities within the county to adopt a similar ordinance. According to Edward C. Wagner secretary of the club, a vigorous campaign will be pushed to secure the passage of the ordinance and also to round up all aviators who break it. The penalty for disregarding it is $500 fine or one year's imprisonment or both. SUES FOR $1200 COMMISSION Irving I. Turner today filed a civil suit at Santa Ana against J. Schenkel for $1200 alleged due as commission on the sale of a business. Turner alleges he found a buyer in S.R. Sender for the property at $2400 May 9, 1920. BATHERS FLEE, NUDE GIRL WALKS STREETS LOS ANGELES, June 8.—Details of a gay and hectic midnight bathing party. "a in September Morn," staged on the sands of Manhattan Beach and which ended in some discomfort for one of the female participants, was revealed when a nude young woman was found wandering near El Segundo in serious condition as result of exposure, early today. Workmen returning to their homes at the end of a late shift at the plant of the Standard Oil Co., were startled when the young woman, unclad and shivering plitably, walked into their midst and begged for some warm clothing and something hot to drink. She refused to give her name. One of the men compiled by giving her his overcoat and Frank Moore, a resident of El Segundo, was hailed as his machine was passing and he removed her to a nearby house where she was given attention. According to the men to who she applied for aid she stated that she was a member of a gay party which started from Los Angeles late last night for a midnight swim at a secluded spot at Manhattan. After their dip they frolicked about the sands to keep warm, but suddenly becoming alarmed at seeing some person watching them, they rushed for their clothing and scrubbed to the machine, which had been left standing on the highway. The one girl was in the rear and the machine sped off without her. It was then that she discovered that her clothing had been taken by other members of the party. When found she stated that she had been roaming the beach for over two hours trying to keep warm and was planning to walk back to Los Angeles. TAX BURDEN GROWS RAPIDLY IN CALIF. In California, the people are paying dustryis handicapped by high taxation. "The Southern Pacific Company had in 1912 before payment of taxes, interest and other fixed charges, or dividends out of its earnings apportioned to California on the accepted basis, $23,556,970, out of which in the succeeding fiscal year it paid to the state of California on its property devoted to public service $2,954,084.12 in taxes. In 1920 its earnings apportioned to California on the same basis were $19,364,580.17, out of which it will have to pay in the succeeding fiscal year under the new tax measure 08,167,000. The handicap to industry as illustrated thereby should be obvious. Notalone isthe shrrdu shrrdu Not alone is the ability of the Southern Pacific Company to give service, impaired, whether that be through the borrowing of money, for its credit is necessarily affected thereby, for the making of improvements to meet growing demands, or whether it is in the direct employment of labor and use of materials, but also it is reflected in its consequent inability to reduce freight rates which in turn have an effect on other industries. FIGHT OVER CHILD G. H. Bright and C. F. Hill were arraigned in the justice court at Santa Ana on a charge of disturbing the peace. Bright pleaded guilty and paid a fine of $10. Hill pleaded not guilty and his trial was set for June 8 at 2 p.m. He was released on $10 bail. According to Police Officer Ryan, who made the arrest, the two men were engaged in a fist fight in front of a rooming house on West Fourth-st. Santa Ana. It is understood that Mrs. Hill, who has been estranged from her husband for several months, returned to the city several days ago and sought possession of her child. Hill is said to have attempted to prevent her from entering the roominghouse. Bright, it is said, was called in defense of Mrs. Hill. The Plain Dealer for Good Printing. TAX BURDEN GROWS RAPIDLY IN CALIF. In California, the people are paying in taxes a million dollars a day, according to Paul Shoup, vice president of the Southern Pacific company in an address before the Calif. Bankers' Assn. at San Diego. Shoup discussed the general tax situation in the United States and in more detail that in California. Some of his statements were as follows: "Taxation is the greatest burden industry hastoday." "Asidefromour war obligationsthe great growth in taxation is due to the indirection of its application and the lack of feeling of responsibility in connection with its creation. "As an active source for creating taxes, the war has ceased, and we are now engaged as a people collectively intaking — BuZshrdao tively intaking from the people individually enoughmoney to pay back to the people individually what the people collectivelyowe." Shoup cited the Southern Pacific Company as an example of how in- Bessica F. Raiche, M. D. Specializing Obstetrics and Diseases of Women 217-218 First Nat'l Bank Bldg. Telephones: Office 649J Residence 649-M Phone 326-W "The RETREAT" A Modern Home Specializing in the Care of Obstetrical Cases Gertrude A. Lawrence 1107 Lincoln Graduate Nurse Anaheim When Planning That Vacation Trip When Planning That Vacation Trip Don't overlook the fact that you'll need lots of clean things—plenty of changes—to be cool and comfortable and look your best. Let us take this detail of preparation off your hands—just bundle up everything that you're likely to need and send it to us. We'll have it back promptly, beautifully washed and ironed, ready to pack. You'll feel better, too, if you have a nice, clean house to come back to. Better have use look after your household linen now, so it can be put away ready for your return. Phone and we'll send our driver. Anaheim Laundry Co. Phone 18