The Electra Star (Electra, Tex.), Vol. 15, No. 50, Ed. 1 Thursday, January 28, 1932 Page: 1 of 6
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- h Arthur Brisbane
One Valuable Idea
Gold, Always Welcome
Europe’s Sour Loans-
Hiccoughs and Bubbles
Air. Knickerbocker, exploring Ger- <
many for Mr. Cyrus H, K. Curtis; saya
the German chemical formula for
r ^ making gasoline from coal is of such,
gigantic value that it, may pay alit
German debts. That would be good!
& ^ mews for France and for some of our
, ^*7shankers. •
■ It is not unbelieveable. A simple
formula for making power out of [
steam enabled the British government j
to pay with ease the' load of debt*
carried after Waterloo, which was be- •
lieved to be unpayable.
That steam formula kept Britain at,
the head of the world’s industry and»
commerce for a hundred years. One.
idea can do more than all of high
• No matter what happens, Laval says,
Germany will have to pay. “France"
will not forego her right of repara-
tions.” Perhaps Europe will think up,
some plan to let the United States
pay the German reparations in case •
Germany can't do it.
Me* /o’s government discovers an-’
cient Iztec tombs with treasures as
rich fii those in the tomb of Tut-
Dozens of golden -.crowns, pearls
enormous in size, precious stones of'
all kinds, lead to the belief that the
hidden gold treasure of the Incas will'
be found. The Spanish conquerera
were never able to discover this treas-
ure, even by hideous torture.
The discovery might change Mex--
ico suddenly to a gold-basis nation'
of the first order and fill us all with
profound respect. .
Gold Interests the world, especial-'
iy the amount of it that India pos-
"sesses,. Since England went off the,
^^f^ydsls India has sent her $100,-
UOCJuOO in gold. i
Intelligent gentlemen of the Bank
ol France seem to accumulate most,
of it: They even continue to draw on1
our gold reserves, and took from ns
$12,000,000 gold a few days ago.
There Is no doubt In the French
mind as to the value of a gold basis.:
Increase Seen In
, •. •,-,'4 >• ••
Fed By Charity
New Wdod Will be Cut Monday for
Fuel to be Used for - ^
Mournful news comes from Europe
in Installments, One of Mr. Ochs’ cor-(
respondents wires from Vienna that
Austria, Bulgaria, Greece and Jugo-,
slavla will default on $600,000,000 oft
private loans made by American1
It is a comfort to Announce, on the
authority of one of the ablest bank-
ers, tlmt this amount-is much exag-
gerated, if It refers to' private loans.
Also, if those countries decide, Ir-
responsibly, to call off private loans,
putting government loans ahead of
them, they will hear of something to
their disadvantage from American
The bankers will see to it that
• ountries deliberately defaulting do
not do any business in this country
until they pay what they owe. This
applies to those that show bad faith.
Mrs. Pagan of New York shot two
women, killing one, then shot herself.
The quarrel was about a man. You
could hardly guess what she wrote
to her husband: “Take my insurance
money and bury me.-Give my clothes
to the poor. If the two women I shot
are dead, bury them. Feed our two
dogs; do not put tbpm on the street,
^ove. Your darling wife.”
It was truly written, in the song
of songs, “Love is as strong as death;
Jealousy Is cruel ns the grave.”
Political agitation In Spain is of the
worst kind, based on religious hatreds.
A mob of 3,000 gathered around the
jail at Bilbao, intent on lynching forty-
one Catholics held as prisoners follow-
ing the killing of four persons In a
clash between Catholics and non-Cath-
Artillerymen protected the Catholic
prisoners, and the mob, made up of
Communists starting a general strike,
pacified by the release of two Commu-
nist prisoners, marched away with
them in triumph, waving the red flag
„nd singing the Internationale.
On the same day at dawn crowds at-
tempted to burn Catholic churches in
three towns—Moncada, Alfaro del Pa-
frlarcho and Mazarroeho. Police and
watchmen saved the churches.
Mrs. Edith Cantrell of Humphrey,
Ark., suffering with hiccoughs for
twenty-four days( sees relief in sight.
Fa P. McLaughlin, mayor Hot Springs,
has sent her two bottles of champagne
and this information: Properly iced,
and In moderate doses, this will effect
a cure, the gas In the wine reacting
against the gas. in the stomach, which
brings about the hiccoughs.”
A Chinese gentleman who calls him-
self Mr. Henry Pu-Yi is the plaything
of fate just now. He became Chinese
"tnperor when he was a baby, was put
‘,ff the throne by the Chinese republic
J. the age of six. Now he Is said to
X- In the hands of the Japanese, plan-
ning to use him as a dummy emperor
ai Manchuria, with JapaDC3C ruling in
A total of 93 families were fed in
Electra last week by the local char-
ity commissary, according to G. J.
Price. For several weeks the total
number* of families has increased that
it became necessary for the commis-
sary to remain open two days, Tues-
days and Fridays. Heretofore in the
past the charitable cases were only
allowed to get food once a week, but
the number increased so that it be-
came necessary for the charity work-
ers to remain open another day.
The line last week extended far up
the street and the ^ crowds were so
thick that a special officer was ap-
pointed to handle the crowds. Sid
Smith has been appointed to occupy
this post, admitting just a few of the
unfortunates into’ the building at a
The wood pile that was seen on the
comer of Cleveland and Electra
streets has rapidly diminished and a
new crew will start out early Monday
morning to replenish the supply. A
permit has been obtained from Mes-
srs, Burnett and Martin of Wichita
Falls and Iowa Park to obtain wood
from their land t and local charity la-
bor will be used to cut and haul the
wood into Electra.
Mr. Price also stated that the De-
cember and January pledges were
coming in slow and urged the prompt
payment of these past pledges at once.
The food stock of the commissary is
rapidly diminishing and if these
pledges are not paid, no more food
will be available for the poor.
to be $25 Month
After April 15th
Commissioners Refer Back to Charter
in Setting Salary of New
This is Jack P e d d y, alleged
“master mind” of a band of East
Texas bank robbers, who will go on
trial at Marshall, .Texas, soon,
charged with conspiracy in connec-
tion with the robbery recently of
the Security State Bank at Elysian
Fields, Texas, of $1,600. Henry and
Angelo McCauley, convicted of rob-
bing the bank, have signed state-
ments saying P e d d y planned the
robbery and paid them $50 each to
do it. Peddy is alleged to have
plotted several robberies and paid
others to stage the holduDs.
“Gas Problem” is
Delegate to be Selected to Attend
Rotary Conference Held in
Frozen ' Assets
Quotes Phil . S: Hanna in Chicago
• Jounal of Commerce’
In a letter to The Star last Tues-
day, A. B. Corder, city commissioner,
states that after April 15, 1932, the
mayor’s salary of Electra will be $25
which will relieve that official of act-
ing as" recorder or city judge.
Following is a copy of the letter re-
ceived from Mr. Corder:
“Electra, Texas, Jan. 26, 1932.
“The Long and Short of It:
“In reducing the salary of the may-
or of Electra, to take effect at the
close of the present mayor’s term, we
refer to the city charter: Section 4
states that the mayor shall not hold
any other public office of emolument.’
This seems plain to me and I find
nothing in the charter to the contrary.
“Heretofore, for many years, the
mayor has been appoined recorder or
city judge, and has also been given
the authority as city manager.
“Section 8 provides a salary of $25
per month for the mayor and each
commissioner. For many years, the
mayor has drawn from $200 to $250
per month. Last May the salary was
cut to $125 and he was relieved of
the duties of city manager. Each
commissioner took over the duties of
“In fixing the salary at $25 after
April 15, 1932, we feel that we are
going by the charter of the city.
“It is the opinion of the present
commissioners that some one else be
appointed recorder or city pudge, at a
salary of $25 and take it out of poli-
tics and out of the fee system
(Signed) “A B. CORDER’’
City Streets Here
Are Being Cleaned
A crew of approximately 15 men
were busy cleaning the streets of
Electra last Monday morning. The city
is sponsoring the work and it was re-
ported that 411 the men are contribut-
ing their labor free of charge.
T. J. Geisler is in charge of the men
and stated that all the paved streets
of Elfectra would be cleaned. It has
been several months since the streets
have been cleaned and this movement
on the part of working men outlines
the policy of the co-operation that is
being formulated here to maintain
Following is a. letter from Chas. F.
Kolp of Tyler, formerly of Electra,
which the Star is pleased to publish:
“You wiR please find attached ex-
tracts from Mr. Phil S. Hannas’ article
in the Chicago Journal of Commerce
dated Friday, Jan. 22, 1932.
When in Electra the other day,
heard' from several people that they
were practically giving way the as-
sets of the First State Bank of Elec-
tra and I am quite sure if those who
are interested would take this matter
up with the proper authorities that
we could get some relief. I have re-
quested Mr. Hanna to mail you a
copy of this issue of his paper and I
am quite sure he will provided he has
enough copies on hand. Mr. Hanna
suggests that if this has your endorse-
ment, that you should communicate
with your legislator and I might add
your attorney general as early as pos-
“Yours very truly
“C. F. KOLP”
Following is the article:.
Stop this Unwise Liquidation by
(A simple plan which will revive con-
fidence) by Phil S. Hanna of the* Chi-
cago Journal of Commerce.
' “To the bankers of the United Stat-
“No one needs to tell you that hun-
dreds of the banks now dosed in this
country are not insolvent from the
standpoint of intrincis value of their
“The present banking laws never
contemplated that so many banks
would be closed at the same time —
they never contemplated that whole
cities and counties would be left with-
out banking facilities—they never
contemplated that every bond and sec-
urities market in the whole world
would collapse at on-time. Yet un-
der the law, when a bank's reserves
fL. are depleted regardless of the intrin-
Only one visitor was present at the . f f receiver
^nnr niiiK limA^ann nmimm-ViaIa of 81c value oi its assets, a receiver is
appointed who starts liquidation. Of-
ten these receivers are political and
quite generally they are very expen-
sive. What is the result?
Bank receivers all -over the land are
competing with one another to sell in-
trinsically valuable assets in an ex-
hausted market at panic prices. Not
only are billions of depositors’ dol-
lars being thrown away in this man-
ner, but millions of bank capital and
good will are disappearing and the
people are distressed to the point of
hoarding and banks themselves, un-
avoidably, are also hoarders.
“It is not too late to stop this un-
necessary and prodigous slaughter of
depositors’ equties. In some communi-
ties bankers have called their deposi-
tors together and received from them
a voluntary agreement to permit the
bank to put its house in order grad-
ually—to preserve the difference be-
tween the intrinsic value of the bank’s
assets and the present ridiculous mar-
“Except in cases of gross dishon
esty and mismanagement, banks with
frozen assets should be given thi3 fa-
cility by law. Congress would pass
such a law in 24 hours if you demand-
ed it and the states would soon fol-
“We have granted our foreign debt-
ors a moratorium. Why not give our-
selves a moratorium and stop this rui-
nous dumping of good investments on
an exhausted market? A cessation of
selling will do more to cure banking
conditions than the creation of all the
new credits which the government is-
laboring so hard to provide.
Continue To Pay
Taxes This Week
Rotary club luncheon program* held at
the Armilda hotel last Friday noon,
this being F. L. Hansell of Hen-
rietta, who was the guest of George
B. M. Dinsmore, president of the
club, presided over the meeting and
the opening song, “America” was
sung. The invocation was given by
Phillip- Broad well.
George Williams was in charge of
the program which consisted of a
singsong led by J. G. B. Totten and a
talk by Mr. Williams. Mr. Williams
talked on “The Gas Situation in
Electra,” outlining the gas character-
istics in this area and expressed his
viewpoint on different kinds of gas.
Mr. Hansell was then presented in
several vocal and guitar numbers,
playing all request numbers. After the
entertainment features, a “On to
Seattle” committee was appointed,
which was Ray B. Dickey and Jim
Totten. The purpose of this commit-
tee is to select a delegate from the
Electra club to attend the conference
of the Rotary International in that
city in June.
A committee composed of C. P.
Engelking and H. D. Miller was ap-
pointed to write a letter to J. A.
Brannen, former president of the
Electra Rotary club, but who is now
residing in Amarillo, to express this
club’s grief over his recent illness.
A board of directors meeting was
held at the conclusion of the club pro-
After investigation by auditors
of the records of the sheriff ol*
Dallas County, county commission-)
ers have, filed suit to recover $20,-j
800, which they maintain that
Sheriff Hal Hood, pictured above,!
should have turned over to the1
county instead of keeping himself)
during 1931. They will also investi-
gate the sheriff’s records for the?
three preceding years, _ they have
announced. * 1
Continues at the
Men’s Bible Class
One Sunday Left in Which Member-
ship Campaign Will
The Men’s Bible class of the First
Methodist church has been rapidly in-
creasing their attendance until last
Sunday difficulty was encountered in
finding seating capacity for the men.
A total of 184 attended the class
last Sunday morning in the building
behind the church, to listen to Pat
Morrison deiver one of the most in-
spiring lessons to ibe heard.
In the attendance and membership
campaign now being staged by the
class, the Blues are -now 14 points in
the lead, having an attendance of 98
last Sunday while the Reds had 86.
There is only one more Sunday in
which the two factions will have to
determine the” winners. Special, num-
bers were given last Sunday, which in-
cluded a quartet composed of H. L
^ 5™? banekrvivT^ K/ woodATrir^'
Total of 103 Taxpayers Pay Taxes in
Order to Keep Electra
In- response to the pleas made by
the school board and tax collector tho
past two weeks, %a new high record
was set .for the local tax payers in
paying their school taxes, so that the
schools will not be forced to close.
A total of 103. responded to the call
to pay their taxes and amounted'^
the sum of $4,459.10 for last week.
The previous week 42 tax payers paid
in the sum of $3,628 making the total
for the month of January up to
Thursday morning $7,462.00.
It was announced in. the issue of
January 14 that at total of $333,OOfr
would be needed if the Elecrtra
schools were to remain open during
the full nine months of schooling.
Following are the tax payers who
joined the honor rdll for last week:-
Thomas Bryan, National Supply
company King Royalty company, Cora
L. Craig, W. E. Edmondson, T. E.
Shaw, Mrs. F. Moser, J. F. James, I.
S. Henderson, O. A. Nincehelcer, Dale
and Crawford, L. J. Crawford, Mrs.
M. T. Bickley, Mrs. Mary Lee Flint,
E. C. Potts, Mrs. E. R. Davis, Dale
Givens, A. L, Robb, F. L. Huffman,
J. D. Brite, S. E, Honaker, O. J. Dietz,
Rumore Finance corporation, B. H.
Rowe, Stephen Rumore. Mrs. Cassie
Ligon, C. H. Brosig, B. F.. Forbes, Mrs.
J. J. Cabe, Roy Chambers, E. V. Glov-
er, Mrs. Henrietta Lalk, First State
Bank, Mrs. Jewell Pace, Humble Oil
and Refining company, Bertha Dum-
way, J. M. Spikes, Miss Loma Walker,
Decker Tool and Supply company, H.
A. Decker, W. O. Golden, Bruce Hind-
man, S. Y. Thomas, Abe Lincoln, Rob-
ert W. Ancell, C. E. Schlemeyer, Ed
Moreland, J. W. Goodman, J. A. Nor-
wood, A. M. Moore, Frank L. LeBus,
Kenneth Brush, W. M, Goodman, T.
J. Preston, B. M. Harding, M. C. Peck,
Brandon H. Smith, Wichita Falls Bldg,
and Loan association, T. M. Myracle,
W. F. Hankins, J. E. Jones, G. P. Mit-
cham, E. W. Marriott, J. H. Marriott
estate, Chas H. Hubach, Jess Hamil-
ton, Electra Theatre company, W. S.
Broutherton,, George New, Bulling-
ton, Lee and Bullington, W. Ei Steph-
ens, IC. of P. Lodge, A. L. Williams,
Reno Oil company, Mrs. Anna Keis-
ker, E. E. Patton, L & F Chevrolet
company, Republic Supply company,
W. E. Dwyer, H. L. Elliott, Northern
Texas Utilities company, Roy E. Wal-
ker, H. M. Tarlton, T. B. Clay, Mrs.
Stella Moad, M. D. Thaxton, A. W. Mc-
David, W. W. Pendergrass, The Prair-
ie Oil and Gas company, V. C. Johns,
W, T. Cissell, G. J. Price, Brown
Cross estate, Wm. H. Walker, C. W.
Monroe, P. G. Bickley, Allen Kemple,
Otto Schlaffke, Mrs. Francis Skra-
Sam Kruger of Wichita Fallas was
a business visitor in Electra this week.
C. R. Mouldin. Mrs. Stella Moad was
C. M. Archer Is
Electra Store Again
C. M. Archer, manager of Perkins-
Timberlake company of this city re-
turned to Electra last Tuesday, where
he will re-assume charge of the store
Mr. Howard Hughes, who has been
acting as manager temporarily in the
absence of Mr. Archer, returned to
Wichita Falls, where he will resume
his duties in that store.
Mr. Archer was transferred to Ver-
non recently in the absence of Howard
Timberlake, who has been ill.
Crowell—Crowell State Bank open-
ed for business.
New Law Makes El Paso Divorce Mecca
The American Legion wishes to an-
nounce that they will hold their regu-
lar meeting at the American Legion
hall next Friday night.
Mrs. Milton Deiter is visiting her
parents, Mr. and Mrs. Geo. F. LeBus
** With the passing recently in Chihuahua state, Mexico, of a new divorce law which makes possible
a divorce in 24 hours by mutual consent in Juarez, El Paso, Texas, sister city across the river may tak<
divorce laurels from Reno and Hot Springs. Pictured left is Judge Antonio Del Rosal, 26, debonair, a
bachelor “by circumstance,” who will rule on American divorces under the new easy divorce law. Right
is the Juzgado de lo Civil, or Civil Court, where Judge Rosal presides in Jaurez, and where hundreds of
Americans are expected to obtain divorces under this new easy law. Divorce without mutual consent take*
only 20 days.
Supply company, W. M. Walker, J.
Silver Tea To
Be Given Here
Program Cleverly Arranged.* Proceeds
to go to Fund for Needy
It has been announced for the peo-
ple of Electra that the Thompson
Ward Parent Teacher association will
give a silver tea at the home of Mrsv
D. G. Gray on Waggoner Boulevard
for the benefit of the needy children
of 'Thompson Ward school.
The tea will be given Friday, Feb.
5 from 2 to 6 p. m. Mrs. George Jen-
nings, financial chairman of the P.
T. A., is in charge and is being as-
sisted by Mesdames T. C. Stockton and
J. G. B. Totten, president and vice-
president of the association.
A special program is being arrar ^
ed which will include musical numb
and special readings. Miss Eva
liamson, head of the speech arts eft
partment of the Electra public schools
will present several of her pupils in
a 30-minute program. A playlet in
three acts, “A Romance of St. Valen-
tine’s Day,” will be given and the
characters will include Misses Maude
Grant, Lucille Hobbs, Betty Jo Rose
and Eva Williamson. Readings will
also be given by Betty Jo McDannald
and Jimmie Lee Wofford.
AN HONEST MAN
Recently a man came into the
Electra Star office and purchased
a sheet of cardboard. He only had
a nickel but promised to bring in
another in the near future.
Several days later he stopped the
Electra Star reporter and paid him
the five cents that was due. It had
been so long that it was forgotten
and brings back to mind that there
is at least one honest person in
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The Electra Star (Electra, Tex.), Vol. 15, No. 50, Ed. 1 Thursday, January 28, 1932, newspaper, January 28, 1932; Electra, Texas. (texashistory.unt.edu/ark:/67531/metapth892762/m1/1/: accessed August 19, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Electra Public Library.