Loading...
The Huron Expositor, 1930-06-06, Page 6.1 h, 01! 1$1 4 • y t • loTS VERSUS SAFE CiACKERS • NOW York a 60 -story sky -scrap - V40, riSing, and at its heart is a num- p ,Tgatt, armed fortress of land concrete. Behind the doors that ve,ult may lie $1,00a,000p00. ,y Inunlan and mechanical device be employed to guard that tree - ear. Will it be safe? II put that question to a distin.guish- eel. vault engineer, who has built some 'of the strongest vaults in existence. His answer amazed me. (19Give me as million dollars with tvvhieh to build a vault," he said, "and *there would still be half a dozen men in the world who could open and rob it!" Nor are these men Hioudinis, or Jimmy Valentines who open tumbles" '41 imimosidatati ECZEMA "SOODUl•SALIIA" AMAZES DOCTORS "Baby had terrible eczema. 'Seethe. Salve ended itching in 1 minute. Disease soon L1t."— Mre. J. Lawrence. Stops Itch, bum pain minute. Eczema goes ter good in few days. becomes clear. smooth. AU Druggists. . . • locks wif.4 Sa0;PaReeed, They are experts iet thse o twv of the most terrible safe -breaking weapons known ---the "flexing red" and the "oxygen lanee." Against these latest potential tools of safe breakers, no absolute defense is known. The fin- ancial world is waiting to see if any super -criminal will dare to use them. Nothing is "impossible" in the never- ending battle between safe makers and safe,breakers. Only a few people remember Jimmy Hope, butt fifty years ago his name struck bank ;presidents with terror. About 1880 he distinguished himself by boring through the floor of the 'Ocean National Bank of New York and removing $1,550,000 in gold and bonds from its "burglar-proof" vaults. A few years later, the Manhattan In- stitute for Savings proudly announc- ed a genuinely burglar-proof vault, whose four -foot wall was studded with cannon balls and whose two -ton door was locked with six enormous bolts sunk deep in the vault's frame- work. Jimmy Hope and his expert henchmen entered the bank one day, pried open the door with giant wedges and departed with $2,750,000. The ;bank was all but ruined. Then came the invention of the step -door. Its edge composed of a series of right-angled steps, did not permit the entry of an ordinary wedge for more than half an inch. But flex- ible wedges in the hands of master Thries.*rrir..1Vrih.ITIV.Alrr"firth., etkeleteelteefieeleeek,..;••.; rizietz.thilVASM Tge AreeWnereeneh,ms eraielonie • showed that ellen these doers w, e not always burglar-proof. Then deers were made with compli- cated tongue and groove patterns, rendering entry of a wedge virtually impossible. But the craeksman had learned a new trick. He forced nitro-glycerine into the cracks. The tongues and grooves were an easy prey to the ex- plosive. "When I first saw a safe that had been wrecked with nitro- glycerine," one engineer says, "I could not beheive that solid metal could be so torn and twisted." Then science reverted bo the cone- shaped "plug" door, machined to fit closer than ever before. The cone shape meant that a charge of explos- ive would shoot harmlessly out through the crack without twisting the door. But along eame the invention of the acetylene torch. Devised to cut away steel girders in buildings demolished by fire, this formidable instrument shears its way through steel like a knife through macaroni. 1t can pierce six-inch steel plate in ten minutes. The yeggs fully realiz- ed the value of this torch in their trade, and began literally to burn up small country vaults with their new tool. To -day science meets the threat of the "cutter -burner" with .composite walls that embody materials resist- ant to heat, drills, and explosives. Yet , even. such ;walls cannot meet the new K OF ONTREAL Established 1817 cif presentation, in easily understandable form, of the Bank's SEMI ANNUAL STATEMENT 30th April, 1930 LIABILITIES LIABILITIES TO THE PUBLIC Deposit . . • • • Payable on demand and after notice. Notes of the Bank in Circulation Payable on demand. Letters of Credit Outstanding • • • • Financial responsibilities undertaken on bdhalf of customers for Cain- rnercial transactions (sec offsetting amount (x) in "Resources"). Other Liabilities . . . . • • • which do not come under the foregoing headings, including $.5,csoo,000 advances from the Dominion Government under The Finance Act. Total Liabilities to the Public • • • e $ 688,067,754.78 38,473,147.00 10,941,971.37 8,745,783.97 • $ 746,228,657.12 LIABILITIES TO THE SHAREHOLDERS Capital, Surplus and Undivided Profits & Reserves for Dividends . . . 76,370,991.11 This amount represents the shareholders' interest in the Bank, over winch liablizties to the public take precedence Total Liabilities . . . • $ 822,599,648.23 RESOURCES To meet rtie foregoing Liabilities thee-B/Lk has - Cash in its Vaults and in the Central Gold Reserves Notes of and Cheques on Other Banks Payable in cash on presentation. Money on Deposit with Other Banks Available on deeeeei Government & Other Bonds and Debentures Gilt -edge Securities practically all of which mature at early dates. Stocks . . • • Railway and Industrial and other stocks at or below market value. Call Loans Outside of Canada . . • $ • e 94,421,408.82 45,507,317.11 15,448,298.39 121,661,712.27 922,087.90 68,028,615.57 Secured 17 bonds; stocks and other negbtiable securities of greater value than the loans and representing motleys quickly available with no disturbing effect on conditions in Canada. Call Loans in Canada . . • • 27,460,856.27 Payable on demand and secured by bonds and stocks of greater vet* than the loans. TO'TAL OF QUICKLY AVAILABLE RESOURCES (equal to 51.03 of all Liabilities to the Public) Other Loans . . . • • • To manufacturers, fariners, merchants and others, on conditions con- sistent with sound banking. Bank Premises . • • • • Two properties only are carried in the names of holding companies; the stock and bonds of these companies are entirely owned by the Bank and appear on the books at $i.00 in each case. All other of the Bank's premises, the value of which largely exceeds $14,500,000, ap- pear under this beading. Real Estate and Mortgages on Real Estate . • Acquired in the course of the Bank's business and in proretriz7\being realized upon. x Customers' Liability Under Letters of Credit . . Represents liabilities of customers on account of Letters of Credit saced by the Bank for their account. Other Assets not Included in the Foregoing . Making Total Assets of • • • to meet payment of Liabilities to the Public of leaving an excess of Assets over Liabilities to the Public of PROFIT and LOSS ACCOUNT $ 373,450,296.33 417,998,828.93 14,500,000.00 1,930,456.44 10,941,971.37 3,778,095.16 $ 822,599,648.23 746,228,657.12 76,370,991.11 Profits for the half year ending 3oth April, 193o 03,543,017.87 Dividends paid or payable to Shareholders , Provision for Taxes Dominion Government Reservation for Banlc Premises ;997056644 $ 545,45043 735,582.32 00,280,033.7i • 0.1‘00"63.‘ -?,:(C.1:.%• ,)44r4x. c471,1' '••3 '•410i40:,01^'•&C,t- 7he strength of a bank is determined by its history, its poycy, its management - and the extent of its resources. For 112 years the Bank of Montreal has • been in the forefront of Canadian Finance. . . . $2,167,586-99 229,97945 600,000.00 Balance of Profit arid Loss AtT.ount, October 3 tat, r929 Balance of Profit and Loss carried forward • • A A±tattlftl." , • • 0,!,1'." 'of.:"4‘•• • ' t.0.0.10'.0e•;•;;;00,•eleteteee,t e';,',i,';`•;;M•000;tig.0,1;„0,00eMle "seeteteeeeelgeeslet;eeeeett.e,,4141e.• . eeties01;;,0-teleelleteeeeeitl,.,:40,leeete .,, tt.ttAhth,..tA hr.?•. reigeheetete hietieishTete e N EMPOSIT011 "A Miracle Cripple novowalks well thanks to Kruschen "Por over eight months I was laid up with rheumatism, unable to move, when I was advised to try Kruschen Salts. It is almost a miracle, but without a word of a lie I was able to be taken to the front door in less than a week! in a few days 1 was out with the help of crutches ; and in a short time I was walking well. This is not a one-week testimonial, but four years. " I have taken it ever since, and I never feel a pinch of rheumatism now. I tell everybody about it, and advise them to take it. I will close my letter hoping yogic well publish it for others to see." —Mrs. WIlllamg. Original letter on ale for Inepectioa. Kruschen Salts is obtainable at drug and department stores in Canada at 750. a bottle. A bottle contains enough to last for 4 Or 6 months — good health for half -a -cent h'Sr0r7trt , r A !0. l'. '0,0 z, •-• JUNE 6, 1930.• Io would like to relinquish the beet paying job in America, fleet bootleg leederships' are life jobs.—though short. There is no escape. 'He knows., that if,, he were to walk a mile without guards he would be killed by his rivals. If he were to go a few miles in a direction his gang did not understand he would be killed by his guards. In gangland, when you are in—you are in. To know something of the story of Al Capone, the Searface, is to under- stand something of the appalling pro- blem with which President Hoover's Crime Commission—and the national conscience, too, must wrestle. The fact that this gang leader is glad to be in jail illustrates the topsy turvy situation which organized crime has introduced into this country. The ancient notion that crime does not pey has been erased entirely by circum- stance. It pays now in millions. In 1926 Capone handled through vice, brewing, gambling, and distill- ing interests, a gross income of $70,- 000,000. That figure is from the do- cumented records of Edwin A. Olsen, a United States District Attorney with courage and ability, who devoted every force at his command to op- posing the Capone gang. He was one of the ablest prosecutors 1 have known. But in this instance he got exactly nowhere. He is no longer in office. Last year Al Capone told me per sonally, that $30,000.000 was •spent in Chicago for protection. What a sum like that can accomplish in corruption is appalling to contemplate. Take one example. A dishonest po- lice captain accepts $25,000—more to come. He is ready to do what he is told. Under him are six lieutenants. He can wreck their records IT he cares to, for every day, on some technicality he can pitch in a wrong mark on a subordinate's record. Those lieuten- ants usually follow the lead of t h e captain. The sergeants follow them. The plain policemen follow the serge- ants. And once the police are bought, how simple it is for gangsters to con- trol elections, intimidate juriee, and practice every ivice and violence. Al Capone was born 32 years ago in Brooklyn. His father was a barber, and Al was a popular kid. At 21 he had never been arrested, and in a tough neighborhood that was pretty ;ood. He never drank. Capone was the best pool player in the Greenpoint section of Brooklyn. One night in a pool room dispute, Capone hit with his fist a man who threatened him with a knife. The man fell, and Capone ran for home think- ing he had killed him. ;Some gang- ster cousins of Al's advised him to leave town at once, and fixed it with Johnny Torrio, a captain in their gang to take him to Chicago. Torrio was going to be a bodyguard for Jim Colosimo. So Capone became an aide of Torrio's, and plunged into crime. Meanwhile, the man that Capone hit lingered between life and death for nearly a month in a Brooklyn hos- pital, and then recovered. Prohibition had just come into being and Torrio and Capone, infinitely brighter than their boss, Colosimo, saw what it could mean to fellows who were tough and willing to take a chance. Soon they were launched into the new super -graft bootlegging. Within a month Jim Colosinio was shot to death in the doorway of his great restaurant. Capone and Torrio, with a desperately efficient and grow- ing organization, were no longer re- stricted by the limitations of Colos- imo. Soon their beer vans were rum- bling through Chicago and their high- powered automobiles were sweeping in deftly disconnected caravans be- tween Canada and Chicago and New York and Chicago, Money poured in as never before in all vice or crook his- tory. Torrio was the leader at first. But to -day Capone, left alone by Torrio's flight, has attained unprecedented eminence in the big current merger of the underworld with politics. During the period of Capone's rise and rule there have been some 4,000 homicides in Chicago. Let us con- threat of the "fluxing rod" and the "oxygen lance." The first is simply a stick of soft steel which the expert operator holds against the metal to be burned. Then he applies the oxy- acetylene flame to the tip of the flux- ing rod, which oxidizes so rapidly that the temperature can be raised to un- believable heights. The "oxygen lance" has been known for some time. It consists of a long, small iron pipe through which oxygen gas is forced. The business end of the pipe is heated red-hot by a cut- ter,burner. The hot iron ignites in the oxygen stream and flares so fiercely that it 'will burn its way straight through anything. Blast furnace men use the oxygen lance to cut away "frozen" steel from the tap holes of the furnace. So expert must be the men behind these instruments that only half a dozen men in the world are capable of breaking into a vault with them. Fortunately these men are not crim- inals. They are experts whose names are well known. Moreover there are practical objections to the use of such tools illegally. The oxygen pipe is dangerous to use without cumbersome shields. And it generates ;billows of black smoke when it meets cast iron, leading to probable detection. Far more likely than an attack on scientifically designed vaults would be an attempt to break into country strong -boxes. The principal reason why few bank robberies occur to -day is not so much the strength of vaults as the adequacy of police protection. Any vault guarded by police alarms is burglar-proof, just as a papier- mache safe in a fire -proof building is a fire -proof safe. But in such an emergency as a riot, a revolution, a conflagration, or a strike, there is no substitute for a vault physically but- tressed by steel and stone. Consider, for example, the Boston police strike' of a few years ago, when a great city was left without police protection. There is no guarantee against a repetition of such an event: Then picture a mob led by a few ex- pert yeggmen, blowing off the doors of vaults and escaping with fabulous sums. It is an unlikely picture; but bank officials must consider such pos- sibilities. Consequently engineers have been spurred to design super -vaults that will stave off safe breakers, if not in- definitely, at least as long as possible. How successful they have been was demonstrated, in New York not long ago, when wreckers were actually called upon to demolish a newly -built ;vault because a bank moved. T h e outer shell of the vault was a four - foot thick wall of concrete for fire- proofing and protection against earth- quake shock. Then came a six-inch thickness of material especially de- veloped as a protection against the cutter -burner. It consisted of large iron slabs, the outside face tool -proof and its inside filled with a core of magnesium oxide—a material manu- factured at Niagara Fells under a fusing temperature of 8000 degrees Fahtenheit, and proof against tre- mendous heat. Inside this came a seven-inch 'buttressing wall containing steel H -columns, heavy metallic ribs, crosswise round bars, a filling of rich concrete, and a binding of steel plates half an inch thick :bolted to the H - beams. The doors were smooth -faced, conical plug doors impervious to ex- plosive. A competent wrecking company us- ing the most modern tools found it- self all but baffled by this vault. The best progress, that the wreckers could make through the walls, e'en with the advantage of being 'able to attack them from the inside, was half an inch a day. It took 13 and one-half weeks to demolish the entire vault. Although a safe breaker might have entered it in less time, it is doubtful if he would have cared to tackle the job. With the design of such formid- able vaults the advantage lies tem- porarily with the protectors of money rather than with the thieves. Still, there is always the threat of some un- expected develo:pment in the safe cracker's art, or of some super -crim- inal with the skill to use the means now known. It is against this possi- bility that the vault builders are con- stantly -matching their wits in their thrilling war against the unseen. sider a few of them. Fourteen days after the death of the gang leader Djon O'Banion in 1924, ,ttyraie Weiss, his successor, blaming Torrio for O'Banion's death, pulled up alongside Torrio's automo- bile and raked the car. Torrio's chauffeur was killed. Torrio himself with bullet holes in his hat. was al- ready half way through with his lead- ership. He was typical of those gang. sters who ean gracefully give it, but hate to take it. Two days later Torrio and his :wife tiptoed from their ear on a street di- rectly belded their home, intending to •out through their own back yard. They were fooling no one. Fifty ma- chine-gun slugs riddled the buildings and trees about them as a. big car swept by. Three of the bullets—pois- oned with garlic—found lodgment in Torrio's body. kilie spent a month in a hospital wavering between life and death. He had had enough. He was a wreck of a man; and he plead that he could do nothing more and would like to see his relatives in Italy before they—or he—died. Ca- pone put leverage on the gang to bring this escape about; and when the gang had consented, three ears containing the crack shots of the Oa- pone-Torrio outfit escorted him to Buffalo and got him to New York just in time to catch a steamer bound for Italy. Four men went with him. He had more than a million dollars, and lives to -day 40 miles from Genoa —still guardesl. When Hymie Weiss heard of this escape, the rage of the North Side Gang was so great that they invaded Cicero, the Chicago suburb, with a 30 -car caravan of gangsters, each car equipped with machine gune, and blew the fronts off every 'building ow-ned by Capone's gang. Weiss himself fell dead one day a little later with 12 slugs in his body. "Schemer" Drucci, who succeeded Weiss as the North Side leader, hived but three months. He was succeeded by George "Bugs" Moran, who lost 20 minor operatives through gun fire in two years. It was Moran whom the gangsters were seeking last Val- entine's Day when they lined up sev- en gangsters in the shipping head- quarters of the gang and blew them to death with a thousand gun bullets —a massacre which shocked the na- tion. Seventy important gangsters, "Big Shots," have been killed in Chicago in the last five years, not to mention 300 minor beer runners and thugs. But there have been only four de- fendants brought to trial. None was convicted. The closer to conviction was James Doughtery, who was seen by a mob of witnesses when he killed Eddie Tancl, a gangster, during a wild -west election in 'Cicero. He was prosecuted by State's Attorney Wil- liam McSwiggin, but finally beat the case. Four months later McSwiggin, the prosecutor, and Dougherty, the de- fendant, were both shot to death. Before all these impressive events occurred, the man who brought Tor- rio and Capone to Chicago as body- guards—Jim Colosimo—was found, when shot to death, to have been rob- bed of $1.5o,000; in one thousand dol- lar bills which he carried in his pock- et. I mention this merely to get to the subject of money. That's what it is all about—money. Widespread pub- lic defiance of Prohibition has given gangsters this money—in amounts and with a continuity never known before in crime history. And they have spent it lavishly to buy power. On the 70 "Big Shots" killed more than $500,000 was found. And that Was what they were carrying for pocket money! In regard to 'Capone it may he said that no one can maintain leadership unless he "has something. Capone has concentration and executive abil- ity which many possessors of better trained minds might envy. He is not petty. He is generous, foolishly so. He is intensely loyal. He talks little, but when he does talk he says some- thing. He made a • strangely pleasant im- pression on some of his guests in Florida. People either like him very 1 Nervous Dyspepsia Bad Liverylleadache of Years Vanish "For years was troubled with bad headaches, n er vous dyspepsia and liver troubles. Finally tried 'Fruit -a -fives' and am once more entirely well." -411. A. Bovay, Trenton, Ont. Years -old trouble, constipation end overnight with "Fruit-a-ttives", say thousands. 'Dyspepsia, biliousness, heartburn, gas, sick headaches go like a flash. Nerves quiet, sound ;sleep at once. Kidneys and bladder ills, pain in back vanish like magic. Rheuma- tism, neuralgia, neuritis decamp quick. Complexion clears in no time. Ten of nature's greatest remedies combined in handy little tablet. Mar- velous discovery of famous Canadian. doctor. Speedy results. Get "Fruit-a-tives" from druggist to -day. Be new pergon to-miorrow. much—or they want to kill him. Now those who want to kill him are ex- ceedingly/ numerous; but they still fear him too much to try. And so as you think of Al Capone there in his cell don't be sure that— powerful as ;he is—he is a unique or terrifically important part of what's the matter with America. He's .just a brightly polished cog in a vast ma- chine. He is a by-product of our Prohibition problem—and hundreds of thousands of otherwise law-abid- ing citizens are putting up the vast sums for which he and his fellows have been fighting. Plant Imports Increase. Canada's appreciation for t h e aesthetic in parks, garden and ama- teur horticulture is reflected in the amazing increase which is reported in the importations of trees, shrubs, roots, perennials and bulbs. le 1919 the Plant Inspection Service of the Dominion Department of Agriculture examined 900,000 plants, etc., at ports or' entry while in 1929 the number ex - m ined was over 48,000,000. Inspec- tion stations are maintained at Hali- fax, St. John, Quebec City, •Montreal, Ottawa, Toronto, Niagara Falls, Windsor, Winnipeg, Estevan and Van— couver, where imported plants are ex- amined to ensure freedom from insect pests and plant diseases. One Sure Cure. Clean soil in the run is the one sure cure and preventative for the, most destructive poultry disease, in- testinal parisitism, asserts the Poul- try Husbandman of the Dominion De- partment of Agriculture. And prac- ticing what he preaches the poultry runs at the Central Experimental Farm have been freshly ploughed and the rotation system of soil cleaning is under way on the runs used last year. A succession of hoed, grain and green crops is used to rem,ove all possible infection from intestinal parasites. Poultry should always be kept on clean soil, especially growing chicks, and crcp rotation on the poul- try run is the one most effective way of enabling nature to do the trick. For Baby's Bath More than that of any other member of the family, baby's tender, delicate skin needs the greatest care and attention. The soft soothing oils in Baby's Own Soap make it specially suitable for babies, and its clinging fra- grance reminds one of the roses of France which help to inspire it. "Its best for you and Bally too." arm "SCARFACE" AL Last winter two of the most power- ful men in the United. States occu- pied mansions in Miami scarcely a stone's throw apart. One was Her- bert Hoover, ;chosen by the ;people to uphold the law; the other was Al Capone, head of a government within a government whioh, with notable success, defies the law. Capone's pal- ace was every it as luxurious as that occupied 'by ekr. Hoover. To -day, President Hower is wait- ing for some drastic and effective an- swer to the nation's crime problem from his recently named commission. Capone, safe for the first time in five years from his murderous competi- tors, is directing his 'affairs from illohnesburg Prison in Philadelphia, ale „, and IL OWE S - CIRLO BP -STOCK Alig ID IP 11[3.0 IP IE MTV' - COUNDISTANDARD 04874 c.mtv Hundreds of valuable farm buildings are destroyed every year by lightning and sparks from nearby fires landing on the roof. But there is one way you tan secure lifetime protection from these hazards. Simply roof every building with RIB. ROLL. They will then be immune to fires caused by flaming brands and burning embers. When properly grounded and equipped with Preston Ventilators—according to the Light- ning Rod Act—they defy lightning. You will have a roof that gives greater strength and economy. • Rib.Roll Roofing is the sheet with seven ribs --a nail every five inches. Made to "Council Standard" specifications . . comes in big sheets aandineenfidszlIrlaynnew or over old roofs. Sectiree for lifetime.homes, barns, shed,' garages. summer cottages. Use Led,Hed Nails By using Preston LED -HED nails you eliminate the tedious dirty job of "threading" lead washers. Every nail hole is perfectly sealed, making it waterproof, rust -proof and weather-proof. Preston Ventilation No Preston ventilated barn has evert been reported burned because of spontaneous combustion. Preston Barn Ventilators for roof, adjustable side windows and spacious doors protect from spon- taneous ignition by keeping the air in constant circulation. Write for particulars. FeRfhlrFP- Preston Barn Doer Hardware Preston hot -galvanized four-wheel Hangers and bird -proof Barn Door Track are so easily erected that hundreds of budder s will use no other style. Best in Canada for heavy barn doors. The Hanger is adjustable up and down, inside and out. Inquire about our attractive specie! terms on Winter Shipments agent WellkIDCIUCIN united Guelph Sr..; Preston, Ontario. Factories and Officeat Toronto and Montreal STEELTRUSS ER OMr TN ONTARIO — LIGHTNING HASN'T DESTRO:a 'et10,400,0011'41T:01,014ittigifili.4144Faytnnie*KgeK tePigh04A114 ,i•im"'•.e. • fd4001..V4$14., alietoreeetereeenineeeeiee,„,--... • • Please send free booklet with itsf ormation about Preston 31tzteedierns Roll Roo off preductin whikyou eft Le I" interested. • Meuse Addrei$11**1....1.0 ;01 1., 11 13 airy tem* ariaa aaad door lextb 4 .0' Lis seed !Mal Bete eadh 1E4