The Seminole Sentinel (Seminole, Tex.), Vol. 14, No. 24, Ed. 1 Thursday, August 19, 1920 Page: 4 of 8
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FEDERAL OFFICIALS (TEXAS REPUBLICANS
ARREST CHAS PONZI
THE GET-RICH-QUICK FINANCIER
CHARGED WITH U8ING
MAILS TO DEFRAND.
SAYS CAN NOT PAY NOTES
Furnishes Bond of $25,000 Under Fed-
eral Charge and $10,000 On Lar-
ceny Charge.
Boston, Mass.—Some forty thousand
investors intrusted a total variously
estimated at from $15,000,000 to $20.-
000,000 to Charles Ponzl In a money-
making scheme which postal officials
declaieto be absolutely impossible of
fulfillment.
Pouzi surrendered to the fedeaal au-
thorities Thursday, explaining he was
unable to meet his obligations because
of the closing of the Hanover Trust
company, where the bulk of his funds
were deposited. He was arrested and
(harged with having used the mails
to defraud, arraigned and held In
bonds of $25,000 for a hearing August
IS. Morris Rudinick, a real estate
dealer, furnished the surety. Mean-
while a warrant charging Pcnzi with
larceny had been obtained bv tbe state
police in the municipal court and upon
leaving the federal building, Ponzi was
rearrested and held by the city court
in $10,000 bail for appearance Aug. 23.
Rudnick again went on Pond's bond
and the latter waa released.
Developments have followed thick
and fast. As Ponzi was being arraign-
ed before a United States commission-
er, Edwin L. Pride, who is examing
the books of the Security Exchange
company for tbe federal authorities,
announced that it already had been
shown that Ponzi owed $7/000,000.
State Attorney ^General Allen, who
is conducting a separate Investigation,
declared Ponzi’s liabilities would run
into millions.
State Bank Examiner Joseph Allen
issued a statement declaring the capi-
tal of the Hanover Trust company, of
which Ponzi was a director, waa se-
riously impaired and probably wiped
out. State Treasurer Fred J. Burrell
attacked the bank commissioner for
not having given him opportunity to
withdraw state funds befoig the Han-
over was closed, aad Governor Cool-
idge demanded that *■ Burrell make
known how much state money had
been tied up by the closing of the trust
company. Burrell notified tbe gov-
eernor that the state deposit waa
$126,000.
TEXAS FARMERS’ UNION
RE-ELECTS OFFICERS
Fort Worth, Texas—Re-electing by
acclamation all retiring officers of the
organization, the eighteenth annual
convention of the Texas farmers’ ed-
ucational and co-operative union closed
its three-day session in Fort Worth at
noon Thursday and the majority of
the delegates retuirfro to their homes
on the afternoon and night trains.
The names of the officers and the
board of directors re-elected follow:
D. E. Lyday, Fort Worth, president; J.
1* MeConke of Wichita Falls, vice
president; A. L. Baker of Fort Worth,
secretary-treasurer; 'J. P. Lane of Gal-
latin. chaplain; J. W. Gregg of Rusk
county, conductor; J. E. Beene of Bur-
leson, doorkeeper.
Board of directors: C. F. Steves of
Range, James W. Baird of Harris
county, J. C, Webb of San Marcos. J.
H. .Lehman of Brenham and Eddie
Does of Rockdale. f
A resolution declaring that the
south had been impoverished by the
sale of its raw ma’erials to northern
and foreign countries at prices which
are below tbe cost of production and
calling upon the Texas chamber of
commerce to at once institute a vig-
orous campaign to establish cotton
mills and other Industries in Texas
was adopted.
ATTEMPT TO ENJOIN
MARTIAL LAW FADS
Galveston, Texas.—Tenure of tbe na-
tions’ ruard at Galve-ton Is prolong-
ed indefinitely. Judge Robert G. 8treet
sustained the state’s exception to the
jurisdiction of tbe fifty-sixth district
court In the city commissioners’ suit
to enjoin Governor W. P. Hobby. Brig-
adier General J. F. Woltprs and others
from further maintenance of martial
law here and dismissed the case.
City Attorney Frank S. Anderson
gave notice of anneal and obtained
the customary permission from tbe
court to have thirty days in which to
perfect the appeal. The city attor-
ney also declared upon adjournment
that be will cany the ouster suit to
the supreme court if necessary. Cttv
Recorder Henry O’Dell, who was pres
eot, but aet actively participating in
the conduct of the city's case, volun-
teered the farther information that $
different line of
teOoirad
PUT OUT FULL TICKET
$TATE CONVENTION ADOPTS A
PLATFORM DECLARING FOR
OPEN 8HOP.
Dallas.—J. C. Culbertson of Wichita
Falls was nominated for governor by
the republican state convention In
control of the regular, or Lily White,
faction here Monday. Tbe nomination
was reported by a committee of eight-
een, of which Eugene Nolte of Regain
was chairman. T. J. Davenport of
Dellas offered a motion before tbe
convention that tbe name of William
H. Atwell of Dallas be substituted for
Culbertson’s.
While tbe roll call was In progress
on the motion, Davenport withdrew
bis request, saying Atwell was out
of the city, 'and the convention
would not know whether he would
accept.
The Domination of Culbertson was
then unanimously approved, together
with the following other nominees for
state offices:
Lieutenant governor—Howard W.
Smith, Port Arthur.
Attorney general—Earl Wharton,
Houston.
State treasurer—Frank C. Gross,
San Antonio.
Court of criminal appeals—C. W.
Starling, Dallas.
Comptroller—E. N. Mulkey, Sher-
man.
Commissioner of land office—Joe
Klngsberry, Fort Worth.
Commissioner of agriculture—Virgil
A. Smith, Kennedy, Karnes county.
Railroad commissioner — O. H.
Baum, El Paso.
Superintendent of public instruc-
tion—Albert A. Lindsay, Winnsboro.
Associate justice supreme court—
C. O. Harris, Sau Angelo.
State chairman—Phil E. Baer, Paris.
Vice state chairman—R. B. Creager,
Brownsville.
The platform adopted, among other
things, declares for the open shop;
white man’s rule in politics; favors a
protective tariff; state board of equal-
ization and valuation; tbe question of
prohibition and woman’s suffrage was
not mettoned.
In bis address of welcome to tbe
convention Clarence E. Linz, the win-
ner of the contest before the state
committee and the county chairman
from Dallas county, spoke on behalf
of the local republicans which, he said,
included "all of them,” assuring tbe
convention that in Dallas county tbe
hatchet was buried, In tbe interest
of working for tbe election of tbe
national and state tickets, and that
out of the gathering there would grow
a new republican majority in Texas.
National Committeeman MacGregor,
responding, declared there were 20,006
democrats In Dallas who had remain-
ed out of tbe democratic primaries so
they could vote the republican ticket,
and he welcomed this accession, of
new blood, he said, to the republican
fold. He brought to the convention a
cheering word from Marion and
Northampton, where the notification
ceremonies of Harding and Coolidg*
we:e held.
EXPRESS COMPANY
MEN GET INCREASE
Award of Railway Labor Board Will
Not Meet Demande in Full..
Chicago, 111—Eighty thousand em-
ployes of the A me lean Railway Ex-
press company will be awarded In-
creased wages in a decision to' be
handed down by the United States
Railway labor board, which has heard
their claims.
All employes of the express com-
pany with the exception of 2.600
shopmen who were benefited by tbe
13c increase granted July 20 in tbe
$600,000,000 award to tbe 2,000,000
railway workers, will be affected by
the decision. The award Is the second
to be made by the lailway labor board,
which was created by tbe Each-Cum-
mins transportation act.
The express Increase, It is learned,
is to be on a flat basis to all classes
of express employes, Including mes-
sengers, clerks, drivers, chauffeurs,
stable men mod others.
Farmers' Congress Begins Sesslop.
College Station. Texaa.—The de-
crease in attendance at the annual
eeaslona of tbe Texts Farmers' Con-
gress from the high-water mark of
more than 2,000 was accounted for
by P estdent W. B. Munson cf Deni-
son Id his annual address at 'he open-
ing seeeion hero by tbe fact that the
\ attendants can not obtain the liberal
railroad rates that formerly were in
effect
TWO BUILDINGS FALL
SEVEN ARE INJURED
MAIN STREET STRUCTURES COL*
LAP8E, BURYING SCORE OF
PERSON8 IN DEBRIS.
Dallas.—Sevan persons were Injur*
ed, two seriously, when two brick
buildings located at 010 and 912 Main
street, collapsed Monday moraing, It
Is believed by oftciaU that no one i
was killed.
When workmen and members of the
Dalles police and fire departments
left the scene no bodies rumored to
have been buried in the debris had
been found, and all occupants were
believed to be accounted for.
The structures, one two story and
the other three-story, were occupied
on the ground floors by the Jim Wing
cafe and the McCarroll cleaning
shop. Tbe upper floors of both were
used for rooming purposes.
All but two of those injured were
occupfntB of the building when they
collapsed.
The injured are:
Max Flangie, St. James Hotel,
bruised spine Ad possible internal
injuries; J. E. W, Tung, part owner
of the cafe, compound fracture of
both limba and possible internal in-
juries; Joe Keylock, Chinaman, slight
injuries about the head and face; Gus
von Peln, bruised and scratched by
nails and suffering from shock; Har-
vey Hill, slightly scratched by falling
bricks and timbers; E. C. Black shear,
overcome by heat whils clearing away
debris.
Both of the buildings had been con-
demned by City Building Inspector
D. C. McCord, and he, in company with
City Fire Marshal Frank Barnett and
Assistant Inspector C. N. Smith, bad
scarcely completed a tour of tbe
structures for the purpose of warning
the inmates to leave when the crash
came.
The brick wall, separating the build-
ings, gave way, the front of the struc-
tures falling first. Police and fire de-
partments were called* and almost im-
mediately a crowd of several thousand
persons gathered. Street traffic waa
blocked and the thoroughfare roped
off to keep back the curious throng.
Mr. and Mrs. Frank McCarroll,
proprietors, left tbe building just be-
fore the crash, the latter partly carry-
ing her husband, who is a cripple.
““ra Mas LSPSag-1
LLOYD OEORGE AND MILLERAND
AGREE ON COUR8E TO
BE PURSUED.
D-*"ae Receives Over Two MHUon.
r ”a«.—Almost two and a halt mjf-
Hon d ‘Mars, the set proceeds from the
•ale or the Avar municipal head issues
aggie” ring $i,?$M$0 voted at the
medal Hectics April $, has baas de-
posited by SL V Tompkins, dtp am
FRANCE WILL BE READY
TO PAT HERFART OF LOAN
New York—Regardless of whether
she receives the German indemnity or
not France is prepared to meet In full
her share of the $600,000,000 Anglo-
French loan due the United States In
October. A- statement to this effect
la made by Maurice Casenvave, min-
ister plenipotentiary and director gen-
eral of the French service in the Uni-
ted States. The statement follows:
"Up to the present time on account
of economic and political obstacles to
the enforcement of the treaty of Ver-
sailles, France has not received any
cash payment by way of indemnity
frbm Germany. Certain deliveries of
coal were made last year by Germany
to France, but did not approach tbe
quantity stipulated by the treaty.
“While France intends to obtain
full payment of the indemnity which
is due by Germany, she is now act-
ing as though such payment would
not be made. The budget for 1920
not only makes provision for balan-
cing her ordinary expenditures out of
taxation or ordinary receipts but allo-
cates, also out of ordinary receipts,
9,400,000,000 francs for tbe purpose
of interest on and amortization of the
national debt.
•^Moreover, the actual returns from
indirect taxation during June, 1920,
exceeded budget estimates by 277,694,-
300 francs, or 44 per cent
Finally, tbe returns from indirect
taxation during the first six months
of this year were 180 per rent in ex-
cess of the returns for the same pe-
riod of 1914.
"France is prepared to meet her
full share of the $500,000,000 Anglo-
Fiench loan due the United Btatea
in October.**
Hythe, England.—The allied con-
ference here has reached a complete
agreement on plans for dealing with
the Russo-Poliah crisis. They include
the reimposition of the blockade and
giving support to Poland. by giving
technical advice, supplying munitions,
etc., but on the advice of tbe experts
no allied troops will be employed.
The plans are subject to the approval
of the British parliament, which will
be addressed by Premier Lloyd
George.
125 Children Made Homeless.
Albany, Texas.- One hundred and
twenty-five children we e made home-
less hero early Monday night, when
the Presbyterian orphanage turned
to the ground. No lives were lost and
no one waa seriously hurt. All the
property of the orphanage was de-
stroyed. along with furnishings of the
home, the clothing of the children
and all provlsloas mi hand.
Lubbock to Fave Streets
Lubbock, Texas.—A construction
company continues to pour an average
of better than 1,000 yards of concrete
a day oa the Lubbock paving project,
but brick continue to be Mow m ar-
riving. v
Advanced at Shrevapert.
Shreveport, La —Local filling au-
tism have hiked the price of gasoline
to Me. an advance e< le a gallon.
Hythe, England.—Great Britain and
France are convinced that the bolshe-
vikl Intend to capture Warsaw and set
up a soviet government in Poland.
This is learned from an official
scftirce, following an announcement at
the conference between Premier Lloyd
George of Great Britain and Premier
Millerand of France, held to discuss
the Polish situation. The premiers
are expected to pass upon naval, mil-
itary and economic plans for saving
Poland. These plans are being drawn
up by Marshal Foch and Field Mar-
shal Sir Henry Wilson, chief of the
British imperial staff.
These are the outstanding devel-
opments and follaw an official an-
nouncement that tbe soviet govern-
ment had-definitely refused a ten days’
truce, requested by Mr. Lloyd George
as a result of Friday's meeting with
tbe Russian mission headed by IL
Kameneff and M. Kras sin.
While there has been no talk of
officially declaring war on Russia, the
allies have decided to give Poland
all possible millUry, naval and eco-
nomic assistance without delay.
Tbe premier received two notes
from Moscow in answer to Mr. Lloyd
George’s request for a truce. They
have sent another note to the soviet
and also advised Poland to seek a
truce direct from tbe bolshevikl, wbo
indicated in their refusal of the truce
If tbe request came direct from the
Poles it might hove a better chance
of being granted. One of the notes
received fiom the bolgbeviki said a
meeting of the Poles‘and Russians
had been called Tor Minsk this week
and that the bolshevik! preferred to
make tjteir own arrangements with
tbe Poles.
It Is reliably reported that the
blockade of Russia^ would be relm-
posed Immediately. '
The French are urging the estob
lishment of a defensive line In Po-
land. either before Warsaw or imme-
diately behind the capital, if it is too
late now for the former. Mr. Miller-
and also proposed that the French and
British troops In the plebecite areas
be used for this line, chilly for moral
support, and that Roumanla and
Czechoslovakia also be asked to send
troops.
MANY MILES OF FIRST
CLASS ROADS COMPLETED
Government’s Share in the Project*
Greater Than Cost of tho
Panama Canal.
Washington.—Road operations un-
der the federal aid road act thus far
initiated aggregate in length nine
times the distance from New York
to San Francisco, according to the
summa:y given by Thomts H. Mac-
Donald, chief of the bureau of public
toads in the department of agricul-
ture. . ,
the federal government’s share la
this undertaking is greater than the
cost of the Panama canal, Mac-
Donald said. Federal co-opuration
with states is carried oat on an ap-
proximately 50-60 basis.
“Second only in Importance to the
size of the present road building pro-
gram Is the excellence it the charac-
ter of tbe roads being built," it was
said. “Sixty per cent of tbe total al-
lotment of federal funds which has
been approved to date will be spent
for roads of such durable types ss
bituminous concrete, Portland cement,
concrete and vitrified brick. These
roads when boitt will increase by
7,600 miles tbe total of 14,400 miles of
roads of this class which existed la
the United States before the federal
aid road law waa passed. But these
figures by no means represent the to>
tal mileage affected.”
Denver Tramway Strike Ended,
Denver Colo.—The executive com-
mittee of the aramway workers’ anion
appointed a' committee of three to
call upon Frederick W. Hild. general
manager of the tramway, and inform
him the striking trainmen would g»
back to work: Henry Bilherg, presi-
dent of tbe union, said there are ao
restrictions. The executive commit
tn« abandoned Its previous position
that the men would eo hack oily It
i hoy wore permitted to return la $
body, .
“*•»idea helping to decrease the
high cost of living, a full garden
leads to adequate preparation lor n
spring garden, which might otherwise
be neglected, according to W. c. Bar-
rickman, secretary of the Texas In
duttrial congress.
The contract has been let for tbe
Immediate extension of the Ringing,
Eastland 4c Gulf railway from its
present terminal at Way land to a
point on the Homon & Kell railway
between Brackwalter and Necessity,
a distance of three and one h.il/
miles.
Steamship agents in Galveston have
decided not to accept the contract
tendered them by Local No. 1088 of
the Marine Checkers’ Union, which
would have became effective Sept, t,
It was learned from J. H. Langbeu,
chairman of the Galveston marine
committee. y
Grasshoppers in some sections of
west Texas are doing much damage
to the crops, according to reports re-
ceived by the • Texas industrial con-
gress. The correspondent in Yoakum
county writes that most of the crops
have already been destroyed by the
grasshopper*.
Saying that they do not desire to
enter Into a prolonged suit with tbe
government, but that they were Jue-
tified in recently raising the price
of bread in that city, several Fort
Worth bakeis have announced that
they will return to the old prices of •
10c a loaf wholesale and 12c retaiL-
Preliminary moves toward formu-
lating new demands by both deep sea
and coastwise longshoremen to be of-
fered In contracts which would be-
come effective Oct. 1 will be made
during the next few days In every
port in the smith Atlantic and gulf
district from Wilmington, N. C., to
Galveston, inclusive.
The condition of crops at the
close of the week, according to bul-
letin, is reported to be generally ex-
cellent in Texes, Oklahoma and Ark-
ansas, good in Georgia and Tennes-
see and very good in North Carotlna.
The report added that weevil damage
was confined mostly to southern por-
tions of the belt from Louisians and
southern Arrkansas eastward.
Farmers from all sections of Wil-
liamson county held a meeting near
Georgetown at the old settlers’ asso-
ciation grounds for the purpose of
discussing the farm labor situation,
with particular reference to cotton
picking that will soon begin In ear-
nest in that section. It was agreed
to pay $1.50 a hundred pounds for
opening price
T*, • H * •
Following a meeting of the school
trustees of McLennan .county, held at
Waco last week, It was announced
the teachers this year in the country
schools will receive an increase in
salaries of from 20 to 30 per cent aed
the raise, in some instances, will ag-
gregate 50 tkr cent. The Increase
comes by reason of the stateAppor-
tionment of $14.50 per capita for the
coming year.
Tbe laws affecting the wearing of
•he uniform of the United States
army, navy and marine corps have
been changed, according to W. J.
Buxton, post adjutant of the John
W. Low Post of tbe American Le-
gion, and ex-service men ere no long-
er allowed to wear their army clothes
except on occasions of ceremony,
when the wearer is a member of n
society composed entirely of bonor-
•bly discharged soldiers.
Word from Wichita Fallas haa been
received to the effect that gins, lodge
halls and homes have been pressed
into service for storing grain. A tel-
egram sent to the interstate com-
merce commission by the citisens of
that city stresses the point that the
situation on the Quanah, Acme 4 Pa-
cific. Abilene Ac Southern, Wichita. *
Valley, Orient and Santa Fs railroads
is critical and that a number of eleva-
tors have been forced to shnt down
and that all storage facilities are hill.
Officers of the Texas national gaard
who have been ordered to appear foi
a course of instruction at the cavalry
school at Fort Riley, Kan., beginning
Sept. » and continuing for three
months ere Cnptoin Ramov E. Colum-
bus. Waco; Captain Roy McCunnon.
Uallettsville; Captain J. f. F. Ken-
nedy, Tyler; First Lieutenant Joseph
B. Dannenbaugh, Houston; lint JLMn-
tfaani Eustace J. Cool, Houston;
Firejt Lieutenant Pan! W. Taylor, Ben
Antonia; Fire* Lieutenant Jamen W.
Glover, Ranis, gad Fire*
John H Toll, Wane.
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Stone, Harry N. The Seminole Sentinel (Seminole, Tex.), Vol. 14, No. 24, Ed. 1 Thursday, August 19, 1920, newspaper, August 19, 1920; (https://texashistory.unt.edu/ark:/67531/metapth555900/m1/4/: accessed May 25, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Gaines County Library.