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PREDICTS GREAT THINGS FOR THE REALM OF RADIO Arrow Rock, Mo., Man Left Note Absolving All the Directors of Bank FOUND DEAD YESTERDAY And Rear Admiral Bullard Says Greatest Will Be Aside from Broadcasting (By the Associated Press) Marshall, Mo., Sept. 20.-Full responsibility for misrepresentation of the Arrow Rock bank's failing condition, if such was found to be the case, was taken by Paul Biggs, cashier, who vesterday committed suicide at the bank, in a letter found by a representative of the state finance department today, in the bank's vault. Biggs' letter, opened by T. U. Fruend, a state bank examiner, said: "The directors of Arrow Rock Stock bank are in no way to blame for the condition of this bank. They have tried to do the best they could, but have never known the true conditions. "The bank has been gradually failing for the last five years. No charge or credit anywhere with intent to defraud, but to keep the bank going." "God only knows that I have tried my best to keep it from failing with the depression and loss of money by makers of some of the notes, it was beyond me to do it." The bank was closed today and was in the hands of the state finance department. A note on the door advised depositors of the decision of the board of directors to turn the institution over to the banking department. Biggs was found dead at the bank yesterday by his daughter. A coroner's inquest late yesterday decided he had come to his death at his own hands. Officials of the bank and citizens of Arrow Rock do not believe there has been any wrong doing on the part of the dead cashier, but merely an effort on his part to keep the bank from failure in his desire to protect the depositors. Arrow Rock Mo., Sept. 20.-J. Paul SEES IT AS SERVANT IN HOMES (By the Associated Press) New York, Sept. 20.-A prediction that within three or four years power transmitted by radio would be put to practical use in the home, was made last night by Rear Admiral W. H. G. Bullard, chairman of the federal radio commission, addressing the National Broadcasters' Association. "Today the average man thinks of radio as synonymous with broadcasting," he said. "Three or four years Ja hence high frequency entering his home without wird 8"ay rend er as many forms of dail. service as power which today ring his doorbell lights his rooms, toa: his bread and runs his wife's washi A machine. Discussing the devel ment of broadeasting, Admiral B ard said: "It is outside of the adeasting band that the federal dadio commission looks for the most notable developments in the next two years." Biggs, about 45 years old, cashier of the Arrow Rock Stock bank, shot himself yesterday shortly after arriving at the bank and died three hours later at the Old Tavern, of which he was manager. He did not regian consciousness. Biggs left a note pinned to the door of the safe in which he told the fibance committee the time lock of the vault was set to open at 9:30 a. m. Tuesday and in one of the boxes the committee would find the reason for his act. The banker left his home in an apparently jovial mood and relatives could assign no reason for his suicide. He used a .38 caliber revolver which he kept for protection against robbers. The bank suspended following the suicide. The April statement of the bank showed total resources of $184,000, with total deposits of $112,000. Its capital and surplus was listed at $15,000.
