THE FEE: OMAHA. SATURDAY, UfcCKMBLK IV. urn.
301
loneyMarkct Is
;kvcl Near
ill si I) Mi. m "
iWUWSM' Call Morwy
v rflolShojt Vill Knl-d
)o ill l iln.l 1 . . , .
ct-Gfcatrv InduMrial
Activity Forcsmt.
Juiilr
I T HOLLAND.
,l,T.ci fiurjwho a beginning nr
KbtitVo Involving- large financing.
facrfh'Schltf' said: "The Unitrd Slate
Wi hiw'nrroiJie a 4'4 per cent na-
V'v(iM'C St,,ilT ,nus ,I,oke yfW
rlwo Wore the outbreak of the
Kuropcan war. He meant that the
EMfllant- rate of interest for loans
ila4tt'rt iiilutry, commerce ami
kL7n would be in tlie neighbor
hvvUf A'i pfr cmt.
l 'mM furthermore that if a
Eil of this amount wan inaintainrtl
STaWOuM simulate industry and
tout, to heavy demand for funds
, with which to pav the cost of ocvO
nent of natural resources and
rrt the need ot the railroads. It
rould also serve jrreilly to increase
gtir international trade.
. Use lntrfrl.
M-h .?nli. . . u'.ty. personally to n1or
'Th" I;nn"y vn ILHrw.d m-
w,Mt ? .. r- lu t., . l-no.l of
. """ th." 'Mi'; h, r.n-..ln. w.
Inwsr Hurt l"r sn.l tills prr.u.ti-it ir.
s"h'ff M IM ..liilo.i H" r
KiHl. Iwl " bwnT.r,m.?v
..taut 10 mm- '. .h.
Th mrirMr of ins r
rJ .i".nn.l for funds. l.;fr oth.r ,
j ,. y m.rki. . . Then It '
, l,,U. t wrutn. by h1.-h
,m? in Su '.rohublUty It would not ha
"in un.!rtU . hod tt not bn for
( billof that hnr uliould bo " '
oon.robni inflf.nc, whbh iroulU pwnt
' ulKlbin n4, money market dn.orai
' '"."vtiltiMrrntrti Uow Pool WorUed.
I hlfcKl ortnfrfto tlluntratlon of the
, i ,,,5 l ' hb th, pool ol.rr.trd It c..n
Z. wportM tht rvrry morntnK
. rnioi notified tli ..thor1d i-om'nltl
' how much money It had on hand wh eh
-tank IhWht report HHI and jo on.
i Then, In the course of an hour, It .
' ifirowetl ho- "uch the ,om,lne,,,b"f,h,f?
if New York, who were member, of this
Si-ajjc': & . s-s: ",st
!SdT''mrer
needed fundupoi1 call were, for the
! most part, compelled to. accept the rate
! ri!StSM 'but that th.a arrant;-'
, m.Tu ?.d tend .ready to ron.erve mon-y
and to protect th. market. It ce talnn
nr-vented un(1ue pecla"n- But 11 l
VecoKnlMd . an emergency measure and
! for that re.eon 1IU1. heed wa paid o
ih. cri M.m. some of which actually
' ierted that thl. call money pool was a
combination In reatrMnt of trade,
other .mefKencle. have at time, Ju.u
' fled action which mlKht under
:nntorrretatmn rf-the- laW be regarded
rU"..n -Panic condition, prj
railed Mr,. Morpan -would call up tt"ous
.Tn-T obf which1" be named1.bU.n
SrVirrfor I Pol for the purpose of
protovtlBK the stock exchamre a61".n
i iv ' . bank pres dent would tell nr.
Man overlhPo, telephone that he could
ubscrlb. the amount called tar mM -out
cutting Into his reserve so tha .it
w"old fall below th. leM "l"1"6;
Mr. Morean s reply would be m?r.ency.
.erve. were Intended for "
Tn. amount which he "quested the banks
to subscribe was taken to the stock
chanBe and offered In ch amounts thjt
the daniter of money panic was ellmlnatea,
.od normal condition, were restored.
Sound Preeent Conditions.
.Today serlnua discussion. llnouKht1a"
vet wholly laformal. Is In progress with a
view to decldlns whether or not the
emerirency to which was duo the oKanlza
tlon of the call money pool has not Paused.
1 If It has passed, and If the unprecedent
ed Inflow of funds continues, no doubt
Mn pool will b- dissolved. r,erhnj. soon
after the first of January. If It is. the"
;iW a fe,. and, llouUi marke or . 1
'!. T;,.." . whir
"" almost completely absolute cnt-ol j of
f..-dj .."on call will have ended The
man vho eet; money uoon cnll will i-o
where n" "an find It obtainable at the
i"t "ate and in that way a tree and
uiulit monev market will be f stabllslv-d
Should tnis i mr j.
tn the winter that action will !,
drtlonal proof of the rapid approach of
The United State, to normal financial ,
if'-.rh .nd condition. It Is also the
! wVsumptlon that the Pl';fl"" 0
funds will lead to the establishment or
ISck standard rat. of Interest M i"
represented by the oommen ; made by Mr
Schlff. funds can be obtained by in
dustry, commerce and business at I
' pir Vent all who can .peak wl h
authority .ay that this will "e?1V
1 .d to very treat activity In Indu.trlal
I nd commarcUt life, and In forelfn trade.
I Sir Arthur Pearson Dies
As Result of Accident
' London. Dec. 9. (By A. P.) Sir
Arthur Pearson is dead as the result
of an accident at his home here.
While in his bath he slipped, strik
ing his head against a faucet.
-' Stunned, he fell into the water and
was drowned before aid could reach
him.
Cyril Arthur Pearson was born
February 24. 1866. He was one of
the outstanding publicists in England
until his evesight completely failed
him in 1914. He founded Pearson's
weekly and other well known publi
cations, among them the Daily Ex
press of London.
At the time of his death Sir
Arthur was president of the national
institute for the blind and during the
European war he organized measures
for the benefit of blinded sailors and
soldiers.
Revised Rules for Rail
Workmen Effective Dec. 16
" Chicago, Dec. 9. Revised working
. rules for railway maintenance of way
workmen will be promulgated De
cember 14, to become effective De
cember 16, it was announced by the
United States railroad labor board
today. - " ,
Due to the fact that many rules had
alreadv beert agreed upon between
the railroads and the employes, the
board has made rapid progress. In
a majority M cases, not more umi
half a dozen rules were in dispute.
Completion of the maintenance ot
war rules will clear the board's
docket of all rule cases pending, leav
ing them free to take op wage ad
justment cases, as soon as they are
filed,.
tl
Li
Uriel City INVhi.
C'raM-k" fcf Yetiaman Thura.
day lillitH bUw iHn I ho afo in th
ertV f HtonrtB Hm, ol dfaloro.
Hniermh mid I -Mini treeu, and
rm'ed with and a safety
rusur. .
Itrl IIim1 Orthvti Mvil Hoek
Inland dillnl iwiner nd
trslstlf orHi- luv riimec)
from fh Hallway ilmn bulldini
and nr imw Itt'Mtrd at 1 10-1 1 1
Woodmen of the World building.
rrwent'vl I in A Mlk Amerlean
fl;i wns jriill to the Ca
w hool of JI tiatlons" yesti-rday by
Oorge; ('n'k W'umana Hllf
ior). Mr. If. H. Hull, patriotic
Instructor, mwda th preaentatlon.
tit iMrsf Itjtiit Hurirlura tol
betwfu 1400 and 1500 from a nf
In the ollVe of tho Sanipte-fUrt
Motor coinpanv. KHhteenth and
Hurl streets, Thursday nlht. nc
iordltiK to a rifort itmd to police,
I'aHt Kn-ljtlit West A tralnload
of JD er. tilled with Htitomoblles
from New Vork, ronslgned to Onk
land. IMI.. will pans throinrli Omaha
tml-lit. piulaviirlnir to Ht a new
riwd for Med und arvli:e from
tllfl fUht IMMISt.
4 a. IMMiilN.otl. j:"!.""" !
broiiK-lit bv Hcl-ii lirni'i Kruhni. 13.
iiKxhiKl flmrlrs A. Menaman and
hi parentM. allftfliic breach of
pitiiiiitii. wh rtlemisxed In district
court fM,rily t tlic request of
111" 1'Hrmin.
St)c if MortliiSM A scries of
iiicriiiiRM to present th new pro
tinned building code to the varloun
buililiiiK ItitcrcKts of tho city Is
tilHtmcU to IicrIh nbout the first of
the year, the city bulldina; review
board nitnounccs.
lltirrylnz t Dinner? John Mol
tanrd was only fined 12-6" In Cen
tral police court yeHterday for
upeedlwr when lie cxpliilned to
JudKc Kontcr thiit he Und only been
married a short time and wus hurry
ing home to dinner.
Arirst I'lve Hoys Five boys were
arrected yemenlny on complaint of
the Shcrtoitn-McConncH J)rtiR com
punv that thieves had been Rteallnn
quuntltioH or perrumcs iiou m""
stocks from their store at Forty
ninth and I'odno strecta.
Murines Arrive Siimlny I.ieu,t. G.
r i'.,D.,1rnai. In ohnrffA of the 1T1H-
rine detachment which will RU.ird
mall ronMKnmentH in aim oui v.
,.,..,.,,. unniitiioil vpRt.Tday that
the llrst detachment of men would
lrrlve here Sumlay morning.
tftc Hour to 1-cuve Town
Thomas Murphy, chaiKeil with
petit larceny, arrested when he at
..moicil to steal an overcoat from
an automobile, was releaned by
Juilxe Foster yesieruay. woeii nv.
promised to leave town in an hour.
Telephone Expert Here Ban-
. , . u -,i i nt k. York, first
vice president and chief engineer of
the American Telephone and lele-
Ktopli company, is rM;'
Omaha today to witness the cuttlnK
over of a part of the city's telephone
lines to the automatic system.
Misuse of Fund Joseph Leopold,
grain .dealer, defendant in a $50,000
heart balm suit brought ' by Miss
Gertrude Craig, which was dis
missed, has been charged with mis
appropriation of funds of the com
pany of liriggs-Leopold. tn a suit
filed" by his partner, Guy V. Briggs,
iu district court yesterday.
300 Reserve Corps
Officers to Meet
i
State' Convention to Draw
Delegates From All Parts of
Nebraska.
More than 300 .reserve corpsj oi !
c... MnlirncUa arp exoected to
attend the corps convention to be
held at the Army building Monday
and Tuesday under the auspices of
the Reserve Officers' association of
Omaha. ' n Jft
The convention will open at V.JU
Monday morning. There will be an
address of welcome by Mayer
James C. Dahlman and other ad
dresses by different corps officers.
War Films to' Be Shown.
In the afternoon there will be a
meeting at the Burgess-Nash com
pany auditorium, the feature ot
which will be the showing of nine
reels of motion pictures. The pic
tures will show troop movements on
the front in France, different meth
ods of map-making, machine gun
operations, etc. -
There will be a banquet at the
Hotel Fontcnclle at 6 p. m.
A morning and afternoon session
will be held in the Army building
Tuesday.
Committees in Charge.
Committees in charge of the con
vention 10 now:
General Convention.
Mat E. M. Barnes. Med, R. C-! Cs.pt
H M BaWrige. F A. R. Maj. Leo.
J. Crosby. F. A. R. u.: i-isuu
ilif J. M. R. C; Capt. O. E. Ensler,
Inf-RC- rrorraro.
""V"i" A '. I I? T Hurt.
tf ti 8. A.: Lieut Laster U Klnaey. F.
A. R. C.
Lieut. R. G. Conklln, A. S. R. C.
Recrptlon.
Capt J. B. Foster. Inf. R C.I MaJ W.
J. Red'fleld. Med. R. C; Lieut. Andy Jen
.in o. M. R C: MaJ. Q. W. Johnston,
Q. M. R. C. .
Capt. A. A. Wedemeyer. Q. M R. C.t
ti.... rim.r Vnritvrr. A. S. R. C.I Capt.
Harry Northcutt, Q. M R. C.
rnbliclty.
Lieut. A. R. Almbren. A. S. It. C:
Lieut. R. M Jones. Inf. R. C.
Credentials.
C.Dt. R. I. Stout, F. A. R. C Tekamah,
District No. 1; Capt F. H. Cunnlnsham.
FAR. .. Omatia, nisirici .o. t. nmmj
O V. Stout, E. R. C, Lincoln. District
3; Capt. 8. E. Ragan. Med. R. C. Seward,
District No. 4: Capt A. L. Rollln, Inf.
R c. Columbus. IJIstrlct No. S: MaJ.
Homer Pavis, Med. R. C. Genoa. District
No 7; Maj. R. L. Crnasnn. Inf. R C.
Hasting. District No. I; MaJ. C A. Yod
er, Med. R. C. Elm Creek, District No. S;
Capt. T. B. Wilson. Med. R. C . O'Neill,
District No. 10; Capt. R. U Cochran, C.
A. R. C North Piatt. District No. It;
MaJ. N. C. Vandemoer. E R. C. Scotta
bluff. District No. 13: Capt. Lee R. Farm
er, Med. R. C, Alliance, District No. 13.
Pay 1922 Auto Licenses
York, Neb., Dec. 9. (Special.)
County Treasurer F. L. Propst re
ports 905 automobile licenses sold
and delivered for the year 1922.
SITTINGS for photo
graphs made before
December 21 will be deliv
ered in time for Xmas.
Please sit at earliest
moment possible.
ff itk at. at
Chemist Charges
Potash 'Industry
In U. S. Betrayed
1 ! I '
Secret Contracts Signcn? 31
Distributing (.'orupaiiics, J)r.
Teepl . Saj6(f runny
Now Controls Nurkrt.
New Vork, Pec. 9. Germany has
NOW ISN'T IT TRUE .
that taste is about the -:!ii::;S
biggest thing in a cig- JZ
aretteT And when it's thatsPiCv
the "all-there" taste of I 4.Leaf FLAVOR
Spur's spicy 4'Ieaf blend VV
well, you can't beat it! J Kentucky Buriw
' J 1' c' tobacco tutt
I I Choice Macedonwn
1 1 for spicy aroma
III Golden Virginia
n it for life and sparkle
1 Broad Maryi-and
I for cool-burning
,0r packet of 20'a
Ltrxmr fi; Myers Tobacco Co.
lit wmH i.aUiniuiH.iiiiiimmuiuuiuuiiiUiMii
iff
!
the
for
Bo
matinee bags. The new brown ooze cow hide bags are
. proving very popular, ask to see them especially. Purses from
the Cordova shops,-purses of Moroccd leather, spider grain
calf, cqbra grained; cow; hide, pin seal, in fact the most com
prehensive purse showing, in .the city in which there are
, S ' NO
Lather Picture Frames
Tour photograph in ens of
thess frames will make the
g-ift doubly attractive. .W
havs them tn a variety of
styles and sizes at prices from
92.75 to 812.50
y mhTninli Factory
Lugp'acteeadyuarerf " '
Charles Koran, President.
1318 FABNAM STREET
Phone Jackson 0480.
tli tt
seized cntrul uf the American i
tail) market, virtually -l
all American competitor, in the firt
important tla.h of the "new com
mercial war," Pr. John V., Tecple,
prraident of llie New York ettio,i
'f the American Chemical society,
declared tonight, in an addnts at
the ClirmUts club.
The new potash indiitdry in Amer
ica, lie declared, u betrayed by J4
American distributing coiupanies,
which he named. These coiupanies,
he said, had aigned ecret cou
tracts which eliminated all posi.
bility of competition with the Ger
man monopoly,
"I have in my possession," '..aid
Let "HER " Xmas Package
Contain One qf These
It's there, yes, somewhere in every femi
nine heart, is the love of beautiful ac
cessories. What would please HEll
more then, than a gift from our at
tractive purse collection?
We show here but four, whereas our
showing includes hundreds. There's
the purse for dress occasions and
purse for shopping, the purse
the business woman and the
TWO PURSES ALIKE, in
remarkably low price range ot
$3ito$50I
A Wardrobe
Trunk Value for
SATURDAY
A full round edge, three-ply
wardrobe trunk. Fiber cov
ered, has open top, plush lined,
contains laundry bag, shoe box,
bar locking devise for trays,
beautifully lined, at a wonderful
ly low price. Stop in and see tils
bargain tomorrow. The price Is
but
$45.00
Be sure to include this store in your Xmas Shopping
tour, for there are hundreds of gift suggestions in our
novelty leather goods that will help you in your gift
selections.
Robert Koran, Sec. and Treas.
NEW LOCATION
Opposite W. 0. W. Bldg.
iififliaii
Pr. Tuple, "a copy vl a new form
uf contract framed with the dcv
il's own ingenuity, to evade all ex
iting Amcricau lavtf, including the
aiiti-dtinipiii act and the Sherman
Hitti-triiat law. This contract ii be
tween the Pcutschrt Kaliy ndikat
of Hetlin the official Cierman potash
iiioiiopoly and the .M American di.
tnlnitorj. The provisions of this
contract, vtiili the change of a few
word, ate applicable to almost any
industry iu the country and if this
form of alliance is to be successful,
then there is nothing to prevent the
utter wiping out of one industry after
another in this country and the
s
a
irom
Manicure Sets
We show but one example of
the many we have in stock.
These sets will prove the an
swer to many a gift problem,
and the prices are from
84.75 to 825.00
- ii nil- mifinitium"
tratiafrr of iuJuirial iimiuiy to
Germany,
"The contrail prmidi-s for the
amount ti1e iuriliate(' by r.nh a'.
these companies. The price d'atme
provides that if any t( the btivrrs
is vHcred a lower rate than the tut.
throat price agreed upon, the tier
mans are to be given an opportu.
nily to meet it before any outside
purchases ate nude. The (ierma-t
seller also agrees to pay any tax or
duty affecting deliveries under Hie
contract whiih nuv he iiimowril or
atsexed f.y the 1'iiiied Stales."
ihe Germans have won tbeir
first victory in the new commercial
The
Gift
Appropriate
The Shoe3 of today are
so beautiful that they are
capable of affording genu
ine pleasure, and to afford
pleasure is the true pur
pose of a gift.
For those givers who
prefer to avoid the respon
sibility of selection we
have.
Gift Certifica tes
issued in any amount. You
present the Certificate and
the recipient chooses the
Shoes she prefers.
Shoe buckles are much
in vogue and make very
appropriate gifts. A com
plete line to choose from in
Rhinestone, cut steel and
beaded effects.
DREXEL
SHOE CO.
1419 Farnam Street
Bee Want Ads Produce Results.
Don't Miss This Opportunity
To Provide the Gift of
Efficient Cleaning
For Your Home at These Special Termsi
of Only $2.50 Down and $4.00 Per Month;
Word -Building Contest Closes Dec. 10
Send Your List to Sales Dept.
The first person submitting a list giving the greatest number of different words made from tH
letters in PREMIER CLEANER will receive a Prem' Cleaner Free. Only English words a
found in a standard dictionary will be counted.
An ElectricalGift for Every:
one at the Electric Shop
Nebr aster Power Co.
Farnam at Fifteenth
ATWie 3100
Hr, 'c ate the sufferer. If they
C4ii hold, their poil for a year we
are out of the lniiur forcer. t'pon
lliat the German depend, for thin
they can raise tln-ir prices und in
one seaoon easily recoup lours sus
tained y jlieir present cut-rate con
tract. .
p;
Exceptional
Values
Overcoats
23 s33 s43
Three groups of prices each one offering the
greatest values in Suits and Overcoats that can be
found anywhere.
If you want to make sure try and duplicate
the $23 group somewhere else at $35 or more; the
$33 lot at $45 or more; and the $43 garments at
$60 or more.
Ideal Gifts
For Christmas
Y
OUR selection of an impressive gift for a man who is in
clined toward distinctive dressing will be happily placed
in the choice of any article you may select here.
Hats, $2.50-$10.00 t Neckwear, 75-$3.50
Shirts, $1.50-87.50 Pajamas, $2.50-$7.50
Undies, $1.50-$9.00 Hose, 40-$2.25
Mufflers, Sl.OO S5.00 Tuxedo Vests, $7.50
Tom Wye Jackets, Knit Vest3, $7.50
$7.50-$8.50
The House of Kuppenheimer Clothes
1415 Farnam St.
ELECTRIC CEEANEft
Man Datlly Dunne,! What He
Strikes Match Near Powder
Urokrn How, Neb.. Dee, 9 (Spe.
rial, 1 Albert Dow nut uf l.odi
badly burned about the (ate and
liamis when lie stuck a lighted match
near a sack of powder on the top of
a cupboard. '
and Suits
mm
2314 M St., So. Side
MArket 1500
(
)
1
rtOi
J
1
fi