Saturday, May 12, 1923. egg.w!- *■ ■ *-- - - ===== oaooooooooooooooooooooopoooooooooeoooMoooooooooooQp I Leonard Tent Theatre I CONCORD, N C. 1 One Seli4 Week Beginning Mon day, May 14th v . ALLEN FORTH PRESENTS HIS “Gate City Girls” W'ITH A SEXTETTE^ STEPPING STEPPERS / - I i * ' FEATURING , Kewpie Chandler and Ruth King ; The Gate City Trio * ; || x 12 —PEOPLE—I 2 ] ||| ~—rfr- —"— j OPENING BILL Monday NIGHT * “IN OLD MADRID” MATINEE, »:3Q SATURDAY .AFTERNOON CHILDREN 10c-sADULTS 25c - DOORS OPEN 7:00 P. M. Change of Pictures and Vaudevillp Each Nighs. Two Shows on Monday 'and Saturday Nights t ■ ■ ■■ ■ 1 11 One Lady Admitted Free With One Paid Admission Mon | day Night Only. j| ADMISSION: CHILDREN !0c; ADULTS 25c. EXTR.y SEATS 10c. “Opportunityto Dedicate Ourselves Anew to the. Ideals of Peace” ~ By CHARLES E. HUGHES,' Cable to Pan-Ameriean Conference. At a lime when ire witness the economic dislocations, the waste and - impoverishment, and the distrust and hatred that have resulted from tfig; World war, we have abundant reasons to congratulate our peoples, that peace reigns in this hemisphere, and the meeting of this conferendi' affords a welcome opportunity to dedicate ourselves anew to the ideals •f peace. # All problems find solution among those who desire to be friendly and, |ust, and the present imperative demand of civilization itself is that'; nations shall set themselves, with all. the resources of their intelligence and skill to the elimination of sources of controversy, and shall earnestly and diligently seek, for their manifold ills, the cures which can only b*< found in friendship and good faith. There are happily no controversies among ns that cannot be settled; by the processes of reason. No interest is cherished could prompt Than is no nation among ns which entertains any imbo tion which runs counter to the aspirations of our free peoples. , Bank Failures Not Due to Violations of the Law • > Have Been Very Rare , j By THOMAS P. KANE, in "Romance ahd Tragedy as Banking." \ Bank failures that have not been due to violations of law are reij rare, and if evwjy officer and director of a bank Should be true to hii •atH of office, temporary suspensions occasionally might become necessary under extraordinary conditions, but insolvency would ant intervene, and the creditors and stockholders would not suffer loss. ' Because, if the officers and directors of the bank restrict tire loam to., any one, individual or interest to the Emit fixed by law, and do not. undertake to circumvent its restrictions by indirect methods, the Toes upon any single loan would not be sufficient to affect seriously the bank oi impair its solvency. It is the excessive loan, no matter in what form it may be made, that does the damage, and no officer or director can make such-a loan, directly or indirectly, without violating his oath of office and inviting the com* ■squendto that folldw. ' ? i When a Government Leaves Its Proper Field for; - Productive Enterprise - ■*. « • - By STEPHEN B. LEACOCK, McGill University. i Canada is now in a critical dondition, with prosperity oh the one head and hard timet ,on the other. The burden of tarttifin and .govern mental expenditure press heavily on the country. The stream of immigre-, tion, checked ip response to the mistekefc policy of the Mtar peopis, him! - dwindled to a Rivulet. Capital is dtscourtged the Northlrest r being depleted of its people, and everywhere is .an atmosphere of apprehension. The root of the trouble is thnt We hates effiedked and ffipcowaggd private ] enterprise. j;- - “I do not mean to say that privgfe gam is never extreme, that all; millionaires are angels and that concession companies are bands of ; . patriots. But I do say that they represent the only tsnds in Which it, has yet proved possible to develop the assets of » country. The Socialist loafing in the sun aid the parlor Bolshevik eating lettuce sandwiches at a long»hiired reception talk as they like of the; government operation of thW means We know ip CupA* • I roimiMtiiirl W ■terfßtyiT. hit Wk tw gj I -TP ‘ ' SHE CONCORD DAffiY TRIBONB »""■ ‘ptea™ ho.k New York’s ttMOO.OO© HkyScraper , WBI Not Be Started Jane 1. [, (Nsw York, May 12.—The New York, Telephone Company today that work dm Its $11,200,000 u»w borne, scheduled to start on June 1, .would be postponed owing to nigh 'building costs. , j 1 About $50,000,000 in new buiMing construction has ben postponed with in the present month for the samel Ireason, it was said by Officers of tne {Building Trades Employers’ Asso ciation. ‘ i j Only a few days ago Columbia Uni JSl** % II oaw* 'SsSi 6w njts b 7 *