" ' ' . v Saturday, June 3, 1922 CAPE MAY STAR AND WAVE Page S^ven

STATEMENT OF THE CONDITION OF Security T rust Go. December 31, 1921 Southwest Corner Washing on and Ocean Streets Cape Miy, N. J., December 31, 1921 ^apc HWJ, i'. -•>

RESOURCES Time and demand loans. $1,957, 895 63 C Bends "Twi mortgages — 264,725 39 Stocks and bonds 2,031,855 56 Overdrafts 61 . ,J Banking houses, Camden 0 Gloucester and Cape May 123,000 Oi Revenue stamps — 226 25 Cash and reserve 239,222 89 $4,616,987 15i

LIABILITIES $100,000 00 , -t-fj.hu 220,000 00 ndivided profits 43,486 14 .deposits 4,246,501 0u| 7,000 00 j $4,616,987 15

Three Per Cent. Interest allowed on Time Deposits. Acta aa Administrator, Executor, Guardian or Trustee. Safe Deposit Boxes for Rent in Bnrg lar-Proof Vault. Wills Drawn and kept without Charge. ADVISORY BOARD

J. Spicer Learning, Chairman. Aaron W. Hand. John B. Huffman. 1 Albert G. Bennett. Dr. Wilson A. Lake.

Henry C. Thompson, SecSherman S. Sharp. Dr. V. M. D. Marry. A. Carlton Hildreth. Richard E. Reeves.

Paint $2.70 per Gallon | 5 PURE LEAD AND ZINC — ^ Interior Decorator, Wall Paper, Paints, Varnishes, Stains, Win- | dow Shades, Putty Brushes, Dry Colors, Furniture Polish. g t CAPE MAY AGENCY for U. S. N. Deck and Floor Paint g Effecto Auto Finishes ; W. LENOIR ^tNS5. 20 PER CENT REDUCTION ON ALL WALL PAPER I Frank Entriken S Sons Automobile Repair Work Central Garage EXCELLENT EQUIPMENT FOR RAPID WORK— CARS STORED— CARS HIRED DAY OB NIGHT— ALL KINDS OF AUTO SUPPLIES Agents for the Fairbanks-Morse Gas and Oil Engines KEYSTONE 190 A BELL 12-W any purpose' whatever— that's the of- i ^ GEORGE OGDEN & SON j CAPE MAY, N. J. ■ — — n i SHERMAN S. SHARP ! Contractor and Builder 1 656 Washington Street Cap, May, N. J. Estimates Given I I Keystone Phone SS6 . • » I ( The Strand 5 and 7 Perry St. CAPE MAY, N. J. I 1 ROOMS AND APARTMENTS, PERFECT OCEAN VIEW, EX- < CELLENT LOCATION, REASONABLE RATES 1 J. W. Sickles - ; )S( < • ■ J5t,i k g Keystone Phone 107. A Bell Phene 53-W X " 1 COLUMBIA LAUNDRY l\ H. E. SETTLE, Prop. V tl Launderers of Fine Linen g * g Plant •' 314 Congre,, Street, Cape May, IV J. J( J K AU of t-nundry Work SC '

RUNYON MAKES - -fMMflUHFOR ' GOVERNORSHIP I Union County Senator, in Anj nouncing Candidacy, Calls for o Less Legislation and More 0 Administration. o| AID FOR FARM MARKETS Advocates Direct Primary; Improved Regulation of Utilities; Equal Educational Opportunities and Limita- ^ tlon of Night Work for Women; Increased Workingman'a Compensation; Hastening of Bridge, Tunnel and Highway Projects. Trenton, N. J, May 3L— Wllham N. Runyon, «ate senator from Unl'in county for the past five years, in a preliminary statement of the .principles for which he stands, tod v made formal announcement of his candidacy tor the Republican nomination for governor. In his declaration Mr. Runyon is outspoken in favor of the continuation of the direct primary act ; the enforcement of all law. Including the Eight-

eenth Amendment ; less legislation and more administration In state affairs, and revision ami codification of the laws; better defined regulation of public utilities, leading to the reduction of gas and electric rates and trolley fares; the limitation of night work for women, and an equal educational opportunity for every child ; increase In compensation act ; utmost economy in public ullairs to keep down taxes; the immediate development of proposed' . bridges, tunnels, waterways and roads . of the state and the extension of the . of Farm Markets. At the same time that the announcement was given to the public Mr. Run- , yon stated that Arthur T. Vunderbllt , of Newark would be his campaign man- , ager. Mr. Vanderbilt Is county counsel ■ of Essex county and was very active In . Mr. Runyon's primary fight for the ( nomination three years ago. , Senator Runyon's formal announcement follows: "In presenting my name to the vot- , ers of the state of New Jersey as a . qandidate for the Republican nomina- . tlon for governor I do so with full ap- , preclation of the duties of the great . office. "From m.v eight years' experience . as assemblyman, senator and acting ! governor, I realize the tremendou^-e- ( sponslbllity resting on anyone who x>c- ( cupies the position of governor. I wopld not have the courage to ask the , people of this great commonwealth for t their support If I did not believe, from j many years of close contact with them ! ; throughout the state^d^a' I knew, In j j some measure at lej^Ctheir hopes and ! - alms and aspirations. . j "In announcing my candidacy I de- , sire to make known my stand and my ! j on some of the important issues i , which confront us. From time to time | during the campaign I shall take occa- ■ sion to address the voters on the many j j problems -which demand consideration. 1 "Believing In the American system 1 < of party government and that the dl- j . rect primary is the only agency through which party organizations may be •, made responsive to the wishes of the I * people, I strongly advocate the uphold- 1 Ing and continuance of the present j direct primary law for that purpose, j , "Respect for law Is the keystone of all free government. It Is the duty ot I ' the chief executive of the state to see to It that the law of the state as ! enacted by the legislature is fully en- i c forced. It Is his duty to see to it that ■ laws designed to enforce the Eight- . eenth amendment should be irapar- j tlally enforced in the same manner as . 7 every other law enacted' by the legls- | . lature. "We should have less legislation and € more administration. The methods " which have long prevailed tend Inevitably to the enactment of much ill-con-sidered legislation, not only with re i . sped to the policies Involved therein. I ' but also with respect to the form In which these policies are expres&y). It ? Is Intolerable that the statutory law' of this state shoo'J be spread cvei J

some 13,000 pages. Not only should I . the lfcgislaturehave the advice and co- j etMTailoe of expert draftsmen In the | preparation of every act, but each bill ! 1 introduced should lie carefully acru- , tiulzed to see whether the welfare af: 1 the state demands its passage. "Tbe people of the entire state are j intensely interested In the trolley lines and the gas, electric and telephone companies, both as users and as inI" vestas. I do not believe a public service company should have the right first to try Its case before the State Public Utilities Commission and then to seek to try Its case anew before the Federal courts on entirely different issues. I therefore strongly favor the „ passage of some ad similar to the 5 Bacharach bill, designed to limit the present authority of the Federal courts In this matter. The problem Is a state problem for the determination^ the j- Public Utilities Commission and the state courts on principles laid down In the Public Utilities act and In decisions of the Federal Supreme Court. I bei- 11 eve that the values on which rates ,1 are based should be actual values, excluding good will, franchise value, past deficits, development cost, hypothetical brokerage fees, deferred malntenunce, Federal taxes and other slmin lar Items. This basis of values has a been approved by the recent unanls mous opinion of the United States Su,1 r>reme Court In the Galveston Eledrtc e Company case. The PubUc Utilities act should state explicitly what items > the commissioners shall take Into conf ^deration and what Items they cannot take Into consideration In valuing the . property of the public service companies. The Jurisdiction of the comulsslon must be extended to cover not miy all holding companies, but ateo all -ompanies which deal with public service companies to the extent of' their leallngs with such companies. If any af the public service companies are >ver-capltallze'l on the basis of their ■ aluatlon us found by the cemmis--ioners, their capital should be reduced 0 conform to such valuation. The . akiatlons so found should be the basis tot only for rate making, but also for axing purposes. I am. advised by ex•erts that the policy I have outlined sill result In substantial reductions In -ailing In the slate, and In all probability In a reduction In trolley fares. "I desire to express my sympathy with the aims and aspirations of the women of the stale, many of whom are actively enrolled among the supporters of the Republican party. I favor the adoption of an act limiting night work for women In laundries, bakeries and factories (excluding canneries) between the hours of 10 p. m. and 6 a.m. There should bo an equal educational opportunity for every' elilld. By that 1 mean that every child in the rural districts should have the same educational opportunities that every child - in the city lias, und that every child who desires to prepare himself for a I trade should have an opportunity for , vocational training equivalent to the > training given the child who Is pre- . i arlng for business or a higher educa- ; "The workmen's compensation act • should be amended to provide nigher ■ rates of compensation more in eoni for it/ Will actfl.il economic condli "Tbere is no panacea to check the " 1 rising tide of taxation, save the utmost l> economy In public administration, the i abolition of useless offices and the ! consolidation of public enterprises "A state-wide extension of tbe work of the Bureau of Farm Markets will result not only In a lowering of the cost of living in cities, but in increased profit for tlie fanners. I stand for better marketing facilities and for Increased state interest in farm demonstration and home economics. "The geographical location or New Jersey renders Imperative the Immediate development and completion of the proposed bridges, tunnels, waterand roads of the state. It Is equally important that their construction be under contracts arrived at by fair, open competition, free from the of any favorite contractors and supervised by competent commissions composed of the public-spirited citizens of the state." William N. Runyon is a descendant of one of the oldest New -Jersey families. He was born in Plalnfield on March 5, 1871. and educated at the | Plalnfield schools and later at Yale I University, from which he graduated In - 1892. He took up the study of law at the New York Law School. He was ■ j admitted to the bar in New York state = 1894 and In New Jersey In ISaS, bei coming a counselor In 1891. Always interested In public affairs. | Runyon took an active part In the local government of his home city, | ' serving as a member of the city coun- ; ! cil and as city Judge, holding the lati position for twelve years. | Retiring from the Judgeship in 1910, : Runyon remained out of public life I until 1914, when be was persuaded to run f. r the House of Assembly. In his | first year he was made Republican j of the house, and his record resulted in his being re-elected with ease In 1915 and 1910. I In the fall of 1917 the Republicans j of the county turned to him for their ! i candidate for state senator, and he Is now serving his second three-year term i in that office. After his first year in ; 1 the senate, by virtue of being presldent, he became acting governor when Walter E. Edge was sworn In as United States senator, occupying that high ■ office for nearly a year. I Senator Runyon lias always been to [ m ! the fore In every fight for good govern- j | rnent in the state, and during his legcareer has always refused to | be influenced to favor anything which | i might be construed aa breaking down j j honest and progressive government or | the ose of legislation to bring about i purely partisan advantage. '

r - : - r \ K| M william n. runyon

1 J i.i.^ From a Bride: H . "As a young housewife of only two and one-half years' experience I am glad to find that even we amateurs can cook I successfully if we use Royal Baking Powder." Mrs. J.L.M. ROYAL BAKING POWDER Absolutely Pure Contains No Alum Leaves No Bitter Taste Send for New Royal Cook Book — It's FREE Royal Baking Powder Co., 130 William St, New York LEHMAN BROS. YULCANIZERS 217 Decatur Street Cape May, N. J. WORK CALLED FOR AND DELIVERED TIRES, Tl'BES AND AUTOMOMERITOS CANDIES OF MERIT Week End Box, 69 Cents a Pound. Equal to the Best M EC RAY PHARMACY J. R. Moon, Prop. . CAPE MAY, N. J. ~ SPECIALS In Farm Machinery Corn Planter, new $50.00 Sulky Plow, 40.00 li H. P. Engine, new 47.50 2 Hole Sheller, 2d hand 20.00 1 -horse A Spring Harrows new 9.00 All Standard Makes J. P. COLLINS Co. So. Seaville, New Jersey DISHES HOUSEFURNISHINGS AND •ELECTRICAL SUPPLIES Chas. R. Hoffman 606 Washington Street CAPE MAY, N. J. ■» R. M. WENTZELL ss Perry street Furniture Bedding Rugs linoleum Estimate* on all kinda of furniture will b« fumlahod naamptlj. KEYSTONE PHONE goods dkliyerkd