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Se tember 1949 The K i'5ll‘35“ ‘
3.5% p I entUCky Press Page One I iIIII II
W ii I 2
3 H -_ . , ,‘II 3 3 j; .
_ Kentucky Banker Reveals Hal It is hoped that every bank Will give care- I 31§IIII I ‘
I ful thought and study to developing an ‘HIII II .
, . ..', .. _ . ill‘Iil‘i 5,
, I . aggressive campaign for takrn~ the )rrvate “ 3‘33 ,3’3.‘ 3.'. 3.
l O St t B k D t Ad - - g l ‘ Milli w:
_ a e an S on vertlse banking light out from under its cover. IIIIIII III
3 “Exaininin the table showin bank ad. l llllllll‘ ’ 1*
lore 605 3 Below. are the results ot an advertising say, and lay out in advance good cop).- to vertising in gelation to total regsources we I IIIIII I‘Il
Y .survey recentlll Cf’ntltlcted by the Kentucky be used in the local newspaper. at least find that size does not indicate the llnstl- lll Ill Ill
3 Central . Bankers Association in connection With ad- once weekly. The lack of space prohibits tution's attitude Some large one's do illlllll‘ I]!
3 . . ‘.' ' . . . . _ ' l — l3’lfl.' :1
I LEXlng- , vertising, the 1116(lllll‘1157 used, and the fre- us from giving more good reasons for ad- other small ones don’t I llilIli iI
f I quency of their use. “hile only 132 banks \ertising but we hope in each edition of Only through knowledge and understand- 3 ll Ill 3I
replied, we have a pretty good picture of of the Kentucky Banker to point out the ing of bank performance to 'r cornmunit lllllllll ll
5. 5 3 1 ,. g . . . ( ( I ‘ldul': .3
I what lxentucky banks are domg in the way well-known tact that in this dav and time and its people can we sell ourselves “I: i IIll 33I
z ' ‘. Sr .‘2 ' i ‘ ~' ~ 3 . .' .. ,. . 1- ‘ " 333‘1l'
3 of advertismg lstates ,1.“ interesting article hardly any business. regardless of its nature. must tell our story if they are to know. :lil‘ III: II
in the August issue of [he Isentucky Bank- can afford not to advertise jIlI‘I ‘ I
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er. a - . . -——-———._—___. 3 33‘ I’ If
Three institutions re )orted cornbin' 0* I “II I" I ‘ ‘3'
“The Editor of the Banke‘ l ' ‘ - z > 1 mo liliil‘lll! '4
from the _ I ,. . 1_ )elieves [11” the use of both newspaper and radio. It State Printin I,Iil?I-II IEl
d . many "I our “111‘” “”3 “1155‘“8‘ a wonder- is probable that there are other banks us- 9 ' l‘llll’illl 1”I I
J verhser ful opportunity to prove their usefulness ‘ ' , i. I Contract lS Let I-llIlIlll ll i
5 to th 5 ibli‘l . . ‘1 k‘ . 3 mg this means because the questionnaire illilsil III:
A . e P} IL. “Jilin. 00. .1113 the local news- Was concerned with iiewslmper advertising State Fmance Commissioner 0h” W' Man- lllllu lI ‘
3 Efren“; gooc l‘lf‘ertising medium, prob- it is not possible to draw anv conclusions hing said Sept. 26 that the new state print< Ill!“ Ill ‘
its cover- “3 Vile \i/St Illlelcnim alxailable in the com- as to the use of radio. ing contract “‘lll go to the Dunne Press of '33 lll‘llllil ll
munit‘. e )& re ‘e 2 ‘ . 2 ' . n . -. »‘ '5 ‘l l‘ l‘
of cover- I “(116358 of its Sm: ft 1” 8‘ ery b ”11" re Reasons stated for having no newspaper Loursville. .,: III. III
g. . a 1011.. can improve 1L; advertising program was varied. In two The conrmissioner said the contract had ‘i‘lll l iii
e of the standing and actual busrness in the com- - l ' ‘ ‘ ill: It‘ll
munit throu ‘11 co _ l . . cases the local theater was the medium and men agreed on and will be signed shortly. ll I [II ‘I 33‘.II
>64.00 O 3 y g nsistent ant lmelllgent in one case radio was the onlv medium It Will run until “'1- 13 1951. to fill out the Illl III-l ill
advertismg, whether it be in the newspaper d i , ' ~' ll ll‘lll il‘
‘5 l f , . _ . use . unexpired lour-year contract of the Perrv lz‘IIIJ llill
, 0 mos on the radio, on billboards, or what-not “ - - ~ . . I '. I a l
kl' “We believe too t1 't 1 . _ ‘ Looking at the number of banks not aid Pl‘lmsmng C"’“P“"Y3 0t Frankfort. l‘l I‘II ll II
l les are * information throu ,h 1d1 .t 16- 3‘1”“.3 0f SOOd VCrtising, there is considerable opportunity The local firm obtained a court order re- ‘III I ill
I,’ twelve I timable worth to g“ flclterltising ‘5 Of ”195‘ being overlooked in failing to tell the story “may ending its contract after the present IIIH‘IHI“
. . 18 )3“ 5~ A bank can of banking, its services and its place in our administration declared it could n l 11 II ll VII
“on f do nothing more const' ' ~ 1' ' . - 3 - . 0t ega Y I I ‘ ll '1‘ '
s or lucme thin to glVC ca italistic free-enter , car . 1 “ “'3 'l
authentic information to the l f P ‘ . _ prise system. . r) out tie terms of an escalator clause. IlllllIlll‘l’ Il‘
mmmunit in Wh‘ 1 - ' 1 peop e o the The ‘human events 10g" of any bank is It adjusted prices to rising costs as shown I II III I Ii.
nothing liour 101?; It 15‘ oc‘lted—POSIUVCI)’ so chock full of material that it will stop by the Franklin printing catalogue. Circuit I ‘lllI lI lllll
I information f0 C‘I” 1‘:“-‘l?“l)€1 £1?de carry sold some of the inroads against private udge W . B. Ardery ruled the previous 1d ll ll l Ml
« i r 1 us ration, a out Gov. b'uikin- b, the mis' f . . . , _ - . - 1.3 W I my,
( 0 _ . , t 3. ‘. , In!
0 I ernment Bonds maturing. over the signa- informegd ) m rmed and the ml l'mmlflmnon Illegally put the escalator clause [lilill Illl
, , ‘ ' . tie contract witho t l’ .‘ ' ' mini: l‘ll‘
. ture or tl 2 , , . . - .r . m u MHH 1t m the ~. 33 3.313
7100 3 Would be 1:033:11; End at: 1believe that 'lt The success of advertising cannot always original call for bids. g ' . II III II .‘lllIl
3, but to the bulk )T)l€_ne.c1a to the publict, be measured in tomorrow’s profits. Con- The Perry Company and the Dunne Iillllllll l‘Ill
' _ g < . us is Just one type 0' versel , failure to ex )la' 1 " ‘ , ' - - ~ Sll'l‘ll‘l‘i “
Ol radio . lnlormation that could be given to the butimi to 1 c - I. In a, )ank-s contri- Press. the latter a diViSion ol the Insurance ‘llIIt Illll
Jroughly people. t1 _ f Oinmumty s “ell-being is 21 Index, Louisville, were the only bidders on I: IIII? 1‘ II
’ l. . - COS' omissmn tiat canno I ~ .- , . , , . . . .,= 13‘, M335
H" maxi- 3 A bank can lOl‘mulflte a plan of adver- figuris but can be seen t‘ )e [Illleasuied-b) “12111;?“ contract. COIllllllSSlOIlel‘ Manning IIIIIIIII I): 593
, tisin to ru . _ . , . . . in re creeping saic unne's bid avera ed 10 to 12 33 :I‘IIII I‘3.I
he local ; g n for a period of fifty weeks, paralysrs of regulations. legs than Perry’s g per cent .‘l3 IIII‘II I ‘:I. '
h ther ‘—_ I :II‘MII l i ii i
tat? The new contract, like previous ones, I eiIIl 3 IIII 3‘
I OLIVF— ADVERTISING SURVEY provrdes for the state to furnish paper and I! Il‘Il‘lI I III
l, Ivmg, : Re 1~ , _ 5 . _ . Other materials. The r‘ ' ' ' Il I‘lll ‘ l
nces it I KenmpkiesB to the newspaper advertismg questionnaire, recently distributed by the includes that for tl P mtmg and binding allllilll I‘III‘:
, _ . . 1 1 n . . " 3.3,; -.‘ .3
. . f - ' y ankers Assoc1ation to all member banks, reveal the following statistical merits . 1 ' . - . - e-NHO-us “3.“? depart- IIII I III
lRE local , “1 Olmation_ m ’1 Am 1 It: inlstitultrons, including educa- I: IiiII IIII
i No. ; ‘ r . ina, ant tie eyis ature. The state .I- ii 33.33 L ,El; ‘
can be ’ Ad‘tiljililks 12m . Newspaper Ads Placed ‘ Ads Prepared By $150,000 to $200,000 a year for its printliiiw IIHIIIB Ill '3
Ih News— . g4 i dv. Daily Weekly Bi-VVeekly Monthly Bank Ag’cy or Others according to Manning g, .. I‘ llIiIIl IIIII
. y ' 33333.33‘133 5:3
CmeIPhI . 34 33 71 61 3 4‘2 4 Commissioner Manning said the new con IIIIII‘IIIII IIIK I
. 3 3 . . . . _ - l :3! iv
Orion. 3 Three institutions report ads (7 banks use both) tract puts the printer under $10000 b0 1 ' lllllllll'lzil
b I spaced 3 times a week to cover additional Expense to the t ”ff III II.L III
.omer 3 Fro . . . , 3 . . ‘ We . » , :I333333 1::1‘
l NEWSy StectionIn the following table it can be seen that replies lroni a representative cross the work ‘5 “M (10119 011 specified time i'llillllz ’3
_ . . ' r 3“ =3 : 33:2
i _ were obtained and that any conclusmns would undoubtedly hold true if pro- ’Il‘Ii l Ill
3 .lected to cover all banks— _'-___—.—-__—— II‘lll'lI I “I’ll
, The \ ' . - . ‘é-‘l‘ Ill
i Total Resources Below No. Replies Do Adv Do Not Adv 1 ll I1ddlesbpio Daily News has an- I “III I 3‘ ll
. 1 million . 27 . 7 . 90r . iouncec the opening“ of its modern new ill-Illl' III
irtmann, 1.21/2 million 41 19 £2 Plgnt. The building, 50xl25 feet, was spe. xIIII‘FIll III
_ _ . - ~ , . v - 33 ..I. l t,
of Ken- 21/2‘31nlll10n 31 19 12 c1 cally designed for the Daily News and Illillllll I‘ll
-. 5‘10 million 18 12 6 prore than doubles the floor space in its . l‘ I‘III Ill
3 ‘ r: -. .. 31-.
Over 10 million 15 14 1 . 0mm bulldmg‘ A new 161) age 6055 news' EIlllll III
132 71 paper press has been installed which doubles Il'lil. iii
. 61 the capaCity of its former press. II‘l‘IH Ill;
3. 3 3‘” 333‘ 3.
' . 3 , 'l II i
“5. . , 3,3; IV
_ : i 3 1 :‘l; ; 3-
3 :I I 3

 1,111 . . 1 1 1 9:11;; 1f.
‘111 L . ‘ 1' ' 1': ‘5
1 1111 1 1 1 "‘*=‘ ‘
1.11; ‘ 1 _1 1:.
‘ g, 11 ' 1 1 'EP."
2111; ,1'11 .1" 1g
g1111~ 1' 11111111 Page Two The Kentucky Press September, 1949 :1
1 1 .
1 1 1 1 1‘ ‘ - -
11 . 1 1 - - Lisle Baker Is Named
L ON R ddA
1 111. 1 1 [cenSlng f eWS a 9’3 e ar e S C—J General Manager 1 EE
1 ‘1.‘ .1 1 . 1 E
l‘ 11111“ E 'E 1 ' l ' . . L'le Baker vice president a l t 21 E
v t O C t t t G t .. . 1 - . 2
‘ 1‘11 '1 ‘ lo a [on ons l u lona uaran ee oi The Courier-Iournal and the Louisville E1 E
1 ‘ ‘1] i» 1 i ‘ i rI“. ‘ . i i a, i =
1 1 1. 1 1 . . . 1 imes has been made gcneial mam er =
1.1 .. , . .. . - .1 1 121 1 1 <1: of. =
‘1 1111px ‘ 11; Newspaper Circles are linally awakening I’E‘mdmg [1K constitution ‘1 guaiantee 0 ‘ the paper“ efl'ective 5.31” 1 it was an 111 E
“111‘ 1i ‘ ~ - - _ , ree press. " ‘ ’ ' 1 E
1 11111: . I to a danger that is sweeping the country nounced Au' 31 hV Mark Ethr'l‘ 1 =
111 11 1 1 - ~ _ ). , . 1 2 . L . 1 . g , A ‘ K g6, pub 11 E
1. ‘ 1 E11 1 '1 1 under the guise of necesSity for the support liotests ‘hhe b'CCh made only “hen the lisher 1 __=__
:1 "‘ 1‘ . 1 - j1 . _ . ~ , -, ~ . ,1- amount ol the license lee became exorbi- ‘ ' . 1 =
1‘1'111 1 ‘ p 01 10C?” gmcmmem btlt “h‘th 1“ 1‘3“ ”Y . 1 Barry Bingliain president of the c ~ 5
111 . - 1 1 ;.. , ‘ . . . 1 - - , . tant or when it appeared the move was for I ‘ ‘ 01' 1 E
1 11 .1 111. . 1‘ is (l‘efltll'lg gm ernment ( omination ox ei . ‘ _ poration which publishes the two he“ E
1111 1‘1 ’1 .. , , ., _ l . . 1 punitive purposes. \Vhether the fee is nom- _ ' ‘v, _=_
1‘ 1 11 1 11]]€\\5])HP€1‘$ dt the 10L“ lexe. The gum“ inal or whether the nu ose is born of papers. gave hls “pleased consent” to the ‘r E
. 1 E1111 ' ‘1 "I City and town laws requiring the pay- ‘ ’ . . . I P i A - promotion from Paris where he is servin i E
‘: 111111,. ' ~ - 1, -. d , . , . . , 1 necessity, the licensmg ol newspapers is ’ . g E
1 11111 . nient oi license lees, disguise as taxes, ant _ . ~ 1 ' . as director of the Economic COOPCI‘ation E
1 11.11 .1 . . ~ , 1 , .. incompatible with the constitutional guar- _ =
1 111 111‘ . the application at these laws to newspapers SNPA B 11 _ 1 .—\dministration [or France E
111 . 1 . . - antee.- 1 . u * i . ' _=—
111111 ‘ . and the professions, has become so serious ct n The title of general manager has been E
’ 11111‘ ,~ torial m a recent issue Of Editor & PHI). . _ —_T.__'“ inactive since Ethridge was made publisher E
1 111111 1' .1 f 1 i - . 115511313 State Chum Court Judge James “7' Craw- ol' the two newspapers in l942, and the E
15 1 m 1 ; . 1 1 . . ' _ . r) , ' ' ' . =
' 1 1111 1 > ‘1 1 111 Two years ago, says the Indlana Publisher, lord 0“ Aug. -0 “Pheld the ‘ahthty 0t an place ol general manager was not filled. In E
“11 111111 ' the Hoosier State Press .—\ssociat10n threw ordinance m 1‘” tland, Ole. licensnig 4h making the announcement Ethridge said E
. 111 1 ‘ l ; 1' the spotlight on this condition that centered businesses and profesSions “hd imposmg a the promotion was a rationalization of the E
- 11 1‘11! ‘ chiefly in several Southern states. Since then tax 0“ newspapers and advertisnig agen- situation as it exists and that there would E
1111‘ 11 . the need of municipalities for revenue has “65- It 15 not known whether appeal “hl be no change in the operation of the news- 1 E
1 11 - 1 1 . ‘ ~ =
1111 '1 ' ; . increased to such an extent that the power be made to a h‘ghm court, papers. 11‘ E
11111 . . 1 . ~ . .1 . 4 E
111111 1 1 1111) to create local taxmg systems has become , In 'upholding these ordinances - Judge The new general manager came to the E
1111 111 1,15 widespread. The system takes the form of Crawford said: . The Clty is authorized to newspapers in l936 as secretary,” Etliridge E
11111 115 1, 1 licensing rather than the levying Of a tax, PEISSdICCllse ordinances embracing both reg- said. ”He has held no operating title, 211- 1 E
111111 , '51.. .3 ‘ 1 since the political implications of the latter ulation-licensmg and revenue-licensmg; the though he has shared great responsibility 1. E
1 1‘ 1 :1. ' 1 ' . . . - 1 - v ' ' ‘ . . ,1 E
1111‘11112‘ 1' 1. 1 are dangerous and, anyway, it is Simpler t0 piocedtue followed hy the C‘ty _COUhCEl 1“ in the operations. 1 E
1 11111111 1: 1'1' administer a licensing system under the Shhmlthhg Its licensing Program in the form “Mr. Bingham and I feel that the promo- 1 E
. . 1111-; 1‘ . . ‘1 99 ' ~ , ,. . _ .. . E
1 11111 1111* 1i . 1 police power of the governmental unit than 0t some.-- ordinances 1% not llngdl “5 ‘10 tion is a well-deserved recognition of his . g
11 1111‘, ‘1 1 to assess and collect a tax. The absurdity h‘h“? OE the “_ght Of referral under the m' hard, devoted, anh intelligent work and his g
1 11 fE lies in the fact that the fee charged is re- mat“? and relerendum clauses .Ot-thtf state tireless interest in the welfare of these com- 2
11‘11‘1 1 1' ferred to as a “license tax” which is an im- COhSt‘thtlmli the 51x per cent hhhtatmh 0t panies." 1 t E
I i? 1:1 1 1 . o . I - - I I v r. - 1 E
.11 11111“ 1 POSS‘hle combination. the state constitution is not iiolated..This 1 E
111141 . . 1 ‘ . restraint 15 Without application to license ______".—“‘____ . E
; 11 ' ,1 1 . 1 Although all these revenue pioducmg _ , _ 1 E
1 , 1 .. . .. . taxes; I find no legally ob1ectionable dis- . E
‘ 1,11- 1 1‘ measures are classified as licensing laws, _ , . _ . ~ _ . _ Barnum WAS nghf 1 E
1 11111.1 ‘ the olic of news :1 er ublishers up to crimination in the impact of this licensing v _=_
1 1:11? 1: ‘1 1 ' - ) . , . . . . . . 1 . 1 =
‘13 1111111 I 1 '11‘ . 1:10“th a 0 haspbgen f0 consider them program. Classifications are within the limi- One of the better stories ol the year, 1 E
t 112 1 1 six . , . . 1 - ~ - 1 t E
1‘1 11111' .: 1 . g . . tations ol reason and based upon inherent which comes to us from a California neiis- g =
11 111111 t' ‘ as taxation statutes applicable to all busr _ , . _ . _ , 1 . E
.1 111. 111111. ». ; 1 . . 1 . f differences characteristics, methods oi domg paper Via The Greensboro Daily News 1 E
1. 1,1111}, - 1 nets and prolcssions and there ore not to _ _ , . _ 1'f . E
1 11111; . busmess, administration, numbers of outlets, tells of a concern in Almeda, Ca i own, 1 =
‘1 ‘1111111 be protested by newspapers for fear of pub- , _ .. , . , . , 1 E
1 ‘1111‘1 7 1c cr't'c's The fee in most instances was and other Circumstances, 1ustilying the dis- which has been bottling sea water for years 1 E
1 1 ,= 1 i i i m. . . ,, * . . . _=_
‘ 11 111 : = , . . . tinctions made. and selling it at $20 a gallon under the 1 E
1111 ”‘11, ‘ ‘ small. Within the past month, a licensmg . , . _ , . .. 1 _ 11 . 1 =
11‘1 1111121 1 I 1 . law in Portland Ore re uires neuspapers It is ponited out that in addition to the trade-name of Cal-O»Dnie. There is n0 _=_
11 , 1‘111 1 '1 , . ‘ K . . . . . - E
111111 1 . . ’ q . . $30.00 annual license lee to be paid by deception. The label says the stuff is sea E
11.1 111.11, 1 1 ‘ 1’ in that City to pay only $30 a year. That is . _ , 1 E
111111111111 insi nificant com ared t0 the fees that run Portland newspapers, these newspapers Will water and gives its formula. . =
. 11111111111“ 3 _ p 1 .. ,_ . also pay ("ity taxes tor distribution of their Furthermore, after instructing adults to E
1,1:1111111. . , 1 1 as high as $1,000 a year for some )usinesses 1 _ , , 1. _ ‘ , . _ .. . ter E
1 11.1111 1 ‘ . newspapeis not only in Portland but in a take Cal-O-Dine in a glass oi warm wa 1 =
“1111111 1 : in that City under the new law. . . . . . . . ,, 1 b 1 1, E
‘1'11"~I‘12 : 1 , i 1 . 1 . , r =
1111111111 1 1 _ 1 W1 t . ca is'n concern amon ublishers number of neighbor rig eities n Oregon belore meals and at bedtime the 1 E 1 :
1111111111 j 1a 15 L E .g _ SP 1_ and in the state of Washington. also states that “this article will serve no r g
. 1111111111 are the several instances in which these. 1- ____*__._‘_____ useful purpose as a nutritional adjuvant 1 E
1111 111111;| .1 - , censmg laws have been used :9 punish or as a drug when consumed in accordance g
‘11 11-1 1, E 1. ; ~ - ' 1' -' n - 1, ~ . . . ,, ' E
‘ 1111 11111111. 1.? 11 newspapers. By increasing the E65“) 3" Bargain slug and rule companies are with the directions on the label. In spite 1 E
1111 11111111 " unreasonable Shh} officials 0t ahY_C1tY can operating in Michigan and Chicago. Often of such frankness, the promoters sold enough 1 E
"1111 11111111 " ' control or eliminate a newspapei ““11 ‘E'thh their prices for slugs are no more than cur- to pay $30,000 in income taxes the last year :E E
1111111111 ' they do not agree. Thls could hOt be ac- rent price of Lino metal. Reputable coni- their books were checked. ‘1 E
1 1 1111111 1, 1 '. ~ ' r _ - ‘ E
1 11111111 1 1 1, complished undei an ordinary tax law be panies charge from 9 to 20 cents per lb. for \Me’ve known for a long time that [has | E
1111111111111. . cause of court decsions that prohibit the casting slugs and rules above price of metal. are plenty of suckers in the world, but 1', E
‘11 1‘1‘1‘:; ‘ ' ' ' 1 u - n - 1 . , . . 1 5
1111111111 ~ . 13")”th 0t 5136031 taxes 0h newspapers. But ,ObViously bargain metal is used which (lidn t dream that the pickings are Still that 1 E
1111‘ 11111 g , the (hthUhY confronting those papers can be )roved easil b sendin in a sam- cod—The Charlotte News. 1 E
111111” " 11 ' l l 1 "(1 t1 1' f Y‘th t I y y g g i =
11111111111111 * - “ “Cl .13“? P‘” 16. icense ee “1 0“ ple to a regular company such as Federated E
11111111111 ‘ protest ‘5 that they Pald Wlthout once gues- or Imperial. Shops stand a good chance _______.__—___— 1 E
111111 ' ‘ tioning the “ght Of a governmental “mt to of lousing up their metal by introducing Anybody who wears out the seat of 1115 1 E
1 11; 11111. "1 ' ' ' ' ‘ . . . . . E
‘1111111111111 1‘ reqiureblthle optaining Of a licinse m order these cut-rate slugs and rules into their pants before his shoes is making too many E
111111111111 11' 1 to p11 18 a newspaper. T is, notWith- supply. contacts in the wrong places. :1 El“
1 1‘1 1 1 1 “a. 1 1i
.: ; '11 I. .
1121; ' i I
1:1 111311: 1; -
111111111 ‘ "
1111 111111.11‘ 11‘ ' - .

 I _l....._;: >>‘=‘=:=T':= :‘,-x--1'~'ZC:‘€""“ “i""nhblfi ‘ - I . l :1” . "in i i I l i ii i ‘7 l N H ' ’IiI‘FIWIIl 3-.
at '3, ' ,f.':.:.-.'-W‘-"-'-"""‘i"" . i IIIII'I ’II
’ ii' Three I"

The Kentucky Press Page ’IIIIIIII:III I

949 ' sep’ember' ’949 |IllI||III||||||lllllllllllllllllllllllll"_'-‘ ’5”"’ II
' ' llllllllllllll == “‘III' I '

i" ||l|||l||||||||l||||||I||lllll|||||IIII||||||Illl|llllllll|llll|||l|I|||I|||||l|||lllll||||||||l|||||Illll||||l||||l||||llll|lllllllll|||||||||l||||l|||||l|||l| E IIIIIIIII I III .

I E’JilllllllllllllllllllllllIlllll||llllllllllllIIIIIIIIIIIIIIIIIHI E IIIIIIII ’I’
Ild treasurer II E E l’II’II III
e Louisville I E g IiIIjIIJII I;
manager of .' :1:- f' Ila PES 2 ’I”” "
it was an- I’ 2 AN L 0 . . . E III III II’ '
lridge, pub- :5" E "I III II

I E P t t S E ’II’FIISII
"I E And Sweet 0 a 0 Leave E II: II I I
two news- I. E E i’” iI ’ I
em” to the Ir E E I’I’I’II’I
e is serving 2 . E I IIIIII 3 III
Cooperation I E E I