M
RED CLOUD, NEBRASKA-, 0HD5F
I can oanlly prove thnt my nolpli
I)0r3 ousht to Blvo moro to tbo
church than I do.
Busings may como bnck but If
you want to bo nuro to got It you
mil letted ko after It.
The nvoiavc wife has a better
:liancc to bo happy If lier husband
is a grod sliijjlu-hnudetl liar.
Flotch Menvln tlilnltH there would
bo nioi o Christians If there wero
tower blowouts and punctures.
One Iroublo with too many people
Is that they can't tell tho dlfferenco
botween an Investment and i gamble.
When tho wnr debts nro paid con
gress will find plenty of uao for tho
money so don't expoct your taxes to
3rop.
Tho other day I heard two China
men talking It sounded just llko
most of tho stuff I get from tho
radio.
Most peoplo can find a lot of mean
ing in nuwapnpora that tho editors
never thought of whon thoy wero
writing.
An exchango remarks that tho oil
jupply Is largo enough to keop tho
world In gaaollno nnd hot water for
100 years.
When anyono asks mo If It Is hat
nough for mo I always think of
i plnco that would bo nono too hot
for him.
It" Isn't unlucky to poatpono your
wedding day, says a grouch of u
bachelor editor, provided you koep on
lolng it.
A woman nlwajB selects tho paper
mu want saved when alio needs a
levvspaper to roll the blBcuIta on or
to start n fire.
The tronblo with most of us Is
'.hat wo are Jealous because wo were
-yit Invited to take part in tho l.e
rlnthun Joy tide.
Old fashioned youngones had to
jet up so early In tho morning that
.hey didn't feel llko running around
irery late nt night.
Some towns think they liavo done
'.heir tiharo towards Improving tho
roads when thoy put up algns tell
ng how to get there.
Somo folks think It is n disgrace
o bo black balled from a lodge.
Dften it means that somo coward
look this moans of getting even.
A Harvard man would bo supicmo
y happy If he could llnd somo way
;o eat custard plo nnd chew fine
:ut at ono .and tho snmo time.
Pop peddlers, shoo shiners nnd
lthera can agreo upon fnlr prices
.'or what they have to sell nnd stick
.o them. Hut rlvnl printers aro
most apt to look for waya to cut
;ach other's throats.
When you excuso yourself from a
Mislness mooting because you aro so
ray you can't possibly attend bo
i to to post your stenographer so
iho won't toll callers you aro play
ng golf.
mil Maupln remnrka that aomo
folka aro bo constructed that when
3ver thoy see something In a paper
'.hoy don't llko thoy immediately say
llin editor is a willing tool for somo-
NIO.
When I ace n boy riding In n
pullman and oatlng In tho diner I
ilwaja think how much fun ho la
Hissing by not riding In n day coach
ind eating out of a shoo box.
Hank Lofigott wont up Btnlrs two
itops at a time the other day to
save wear and tear on his shoes.
When ho got to the top he found
that ho had ripped his panta.
It used to bo possible to make
money by peddling books tolling
what every girl and overy boy ought
to know. But thero Is no market
tor such literature nowadays.
A city council will arrest and flno
in editor for driving on tho wrong
3ldo of tho Btroot or doing without
a tall light and then vlolnto tho law
Itself by refusing to publish council
proceedings and lot tho peoplo know
what Is being dono with their monoy
Old folks Hvo too much In the
past; young folks oxpect too much
from tho future.
Ono thing that makes mo tired is
that tho world never pays any nt
inntion when I am doing good but
If I happen to go wrong ovorybody
ices it.
Instoad of passing bluo eky lawa
snd other reform legislation wo
should lncrcaso the Tool Klllor'n
1'alary bo ho will attend to business
bettor. ; , :,,. .1 'f; ' .
NATION REPRESENTED
ATFINAKCEGAPITALi
Dy FRANCE H. 8I3S0N
Chairman Public Relations Commis
sion, American Hankers Association.
Financial Now
York Is peculiar
ly ropresentntlvo
of tho wholo na
tion. All parts of
tho country, tho
Binnll towns us
well na tho big
cities, have sup
plied the greater
part of the man
power and brain
Glsoon
power onabllng It
to function as tho nation's financial
cnpltnl,
A recent Investigation na to tho
origin of ono hundred leading execu
tives In tho Now York llnancial dis
trict, showed that no less than sixty
por cent wero born outsldo Now York
State, thnt no less thnn twonty-olght'
por cent wero born In towns of 5,000
or loss, and only twonty per cent wero
born In New York City.
The birthplaces of theso men rep
resented Pennsylvania, Ohio, Massa
chusetts, Connecticut, Michigan, Mis
souri, Illinois, Maryland, Delaware,
Vermont, Mississippi, Kentucky, Ten
noosoo, Minnesota. Iowa, Florida,
Rhode Island, North Carolina, Indi
ana, Wisconsin. Georgia, California,
Montana, Maine, West Virginia, New
Jersey and tho District of Columbia.
Tho samo situation is truo of tho
younger men, particularly In tho
banks. This reflects moro than moro
ly tho attraction of tho big city for
ambitious young men. It Is tho result
of tho dellnlto purposo of Now York
banking to equip .Itself to porform
moat effectively Its work for nil tho
nation.
A brief description of tho mechan
ism of tho nation's banking systom
will make this clenr Many of tho
New York banks aro bankers' bnnka.
Thoy are great reservoirs of credit In
which banks throughout tho country
deposit unemployed funds in Now
York. When crop neoda In rurnl dis
tricts or Industrial expansion In man
ufacturing centers lucreaso local re
quirements for money fueso local
banks call In tholr f inula from New
York and In addition may ask tho big
city banks for loans.
Country banks frequently deposit
na security tho notes of their own cus
tomers, ofton secured, In turn, by farm
capital such as ploughs, livestock and
other possessions. Tho fifty thousand
dollar note, for Instance, of n country
bank In a big Now York bnnk may
hnvo attached, as collateral socurlty,
fifty or n hundred small notes of a
hundred dollars up to n thousand
or more, signed by local farmers and
their wives. Into ono of the biggest
New York bnnk3 comes in this way
from tho South each crop season a
smnll note secured by n plough and a
harrow and a mnlo named "Molly"
an Incident thnt has boon aptly de
scribed ns "Tho Minting of Molly."
It Is ono among many securing n largo
Inter-bank credit.
Thus Is big banklug In Now York
brought close to tho plain peoplo of
tho soil thus docs it flnanco their
humblo husbandry nnd thus has It
folt the need of recruiting Its officers
from among men familiar and sympa
thetic with local conditions able to
visualize the needs of tho people thoro
nd pass sound Judgment on tho
credit factors Involved.
It Is dun to the conditions thus pic
tured that among tho officers of Now
York's banks will be found rcpreson-
tatlves from all parts ot tho nation.
Thoy are the delegatea ot tho people
at the business capital.
Why Group Fights Group
America is suffering from a lack of
economic understanding. It Is, there
tore, that we tlud group arrayed
against group thnt we And the grow
er at variance with the producer, tho
producer with tho consumer and both
with the carrier. It Is because of a
lack of economic understanding that
we And capital and labor frequently
striving against each other. Yet each
element la vitally Interested In each
other for the final auccsea of thn en
tire endeavor In tbo farmor growing
a prime crop and getting a fair re
turn; In the canner packing a palata
ble crop and getting a fair return; In
the carrier transporting without dam
age or deterioration and getting a
fair return; In the wholesaler making
a wide distribution and gottlng a fair
return; In the retailer satisfying his
customer and getting n fair return;
In labor aiding each ot tho procosscs
and getting a fair return; In capital
supplying tho money and credit to
make each process possible and get
ting a fair return, and In tho con
sumer rocelvlng a puro, nourishing,
dependable, wholesomo health giving
nrtlclo nt a fnlr prlco. There Is this
community of Interest in the pro
taction and consumption of human
requirements thnt nbould prohibit
strlfo among the producing and con
suming elements. J. II Puollelfer,
President American Bankers Associ
ation. fV. Gompero on Socialism
r Stato socialism la repugnant to the
American mind for a great many
reasons. Amorlcnns gonerally prefer
to carvo out tho future In freedom
Thoy are unwilling to nccopt the Idoa
of an all-powerful state. It Is tho
American Idea that the peoplo shall
order tlio stato and shape Its courso;
not that tho state shall order the live
of tho people, fitting the'" Into niclius
to ault a buronucmtlc card ludex.
Banuel Qompors,
F. H.
THE HIGH COST
QF CHEAP MONEY
Widows and Orphans Among
Chief Losers From Unsound
Currency.
E.E. AGGER CITES EXPERIENCE
Speculators Rather Than Inves-,
tors and Producers Win From
Currency Depreciation.
Tho losses nnd co4s borno by tho
government nnd tho people of thoj
United States from unsound money'
exporlmonta, from colonial timua
down, doubtless total moro than our
staggering World War approprla-1
tlons, It Is declared by E. E. Agger,
an authority on economics, In the
Journal of tho American Bankers' As-'
Boclatlon. "Choap money," he says,
la very costly, slnco frenzied flnanco,'
speculation nnd business disaster
have Invariably followed In tho wnko
of unsound currency. IIo cites his
torical experlenco showing that wid
ows and orphans wero among the
chief sufferers.
"New generations of adults, like
children, havo to learn over and over
again that, when playing with flro,
ono runs tho risk of being burnod,"
Mr. Agger Bays. "Indulging curren
cy horosles constitutes such an adult
playlng-wlthilro. A glunco ovor our
own historical experience would donf
onstrnto this to the most ardent 'easy
money' ndvocato, but such advocatea
nro usually thoso to whom history is
bunk.'
Soft Money Advocates Seek Profit
"Unfortunately thoso who are will
ing to kindle tho kind of conflagra
tion involved In 'soft-money' experi
mentation are not the only ones hurt.
Indeed, they may extort an ndvan
tngo for themselves. Hut tho record
la all too clear concerning tho mass
of peoplo. Heavy losses, injustice,'
uiBorgnnueu production anu numer
ous other evils are inevitable.
"Unsound money projects Impose
heavy costs on the government Itself.
Tho Unit effect of cheap money Is to
ralso prices. Mounting prices mean
thnt, to meet its needs, tho govern
ment must appropriate always larger
sums. Again, dallying with unsound
money weakens tho govornmefit'8
credit. Prospective bond buyers be
come hesitant when currency depre
ciation Is threatened, because thoro la
danger of agitation toward tho pay
ment of government obligations In th4
cheaper money rnJicr thati In specie
Any such weakening of goverment
credit moans lower prices received for
bonds, consequently greater burdens
on the Treasury. Assuming that, In
the end. sound principles triumph, tho
Indulgences of the unsound currency
days leave further costs to bo met.
If paper money has been Issued it
must be red omed If a government
bo unwilling to stoip to repudiation
it must raise much more In taxes to
pay for the paper money than It ro
eelved at the time of issue."
Tho total effect of paper issues in
increasing the coat of tho Civil War la
estimated at about 5600,000,000, Mr.
Agger says, continuing
"Much more serious than tho costs
ot unsound currency to tho govern
ment nro the heavy direct and Indi
rect costs Imposed upon tho people.
Our productive system U controlled
through prices, and the upset ot prices,
caused by a deprecating currency, in
terferes with tho proper harmonizing
of the different linos of production.
Prlco changes are not Instantaneously
or uniformly effected throughout the
whole system. Tho result ot an In
flationary movemeut Is a stimulation
of speculation and over-Investment In
some lines, with inadequate develop
ment in other lines. The period ot
speculation seems a period of prosper
ity, but how falso and unsound Is such
prosperity Is disclosed In tho stress
and agony ot tho Inevitable period ot
liquidation which, Nemesis-like, fal
lows on the heola of the boom."
Wealth Unfairly Re-dlstrlbuted
Mr. Agger then describes "tho dis
tressing effects ot an unsound money
on the distribution ot wealth among
classes and Individuals. Cheapening
money through Inflationary expedi
ents Is a glgautlc fraud upon tho cred
itor classes as agulnst debtors. All
thoso dependent on fixed lucomos, or
receiving spocltled sums In terms ot
money, are penalized when tho 'pur
chasing power of money Is depressed.
In like manner the stockholder profits
at tho expense of the bondholder- a
fact which Implies a reward to tho
moro speculatively Inclined at tho ox
panso of tho conservative.
"Advancing price causo discontent
and glvo rise to njtatlon nnd unrest
among thoso whoso Incomes cannot
promptly be adjusted to meet higher
living costs. Str.kos aro fomented
and production Is curtailed. Every
body shares In theso burdens. Lack
of Btnblllty In money also undern.n s
,md weakens habits of thrift. A cor
rosion of tho moral Integrity of tho
people Is Inevitable Dishonesty la
stimulated uud a desire to gain by
speculation rather than to eurn a llvo
lllmt; 1 by prnducM'c- and useful labor
causes a marked deterioration In pop
alar habits and character."
LUTHERAN
Kpnlnr service- every flrM Mini tlijrd I
buiiilay t.i Hi; iiiuiitli id tla AilVfii'I-t
chin eh nt 11 n m
Pu-Hililng at 11 it. tn
V u are c'oidlnllj invited to nittnd
Oil' t'l,.'ict"i
O K. Jetnllz, Pastor
Notice to Water Users
Alter I lik (Into people tuny use City
Water as neei'od for -priiil(lliig or
oilier Minn! eh us they see lit as the
Mipply Is belter since the recent inln,
nnd ut piesnit there U no hbur'ayo
A inn gements have nlro been made
tu use creek water tJ buppl any Mmrt
iige thut tuny come, su the City expect
to give the people till tho water they
uiuit during this year.
The u.se of creek water Is only tern
porary ami will only be used iu case ot
shortage until h better supply can be
decided upon.
II. M Heard, Water Com.
TRULY "RIGHT CLEVER NAME"
Wonder What the Upfortunate Young
ster Will Think About It When
He Grows Up.
The womnn, to oblige n friend, re
cently Included In u trip up town the
delivery of a mossmgo to that friend's
laundress. Kllzu Jackson, the laun
dress, wus colored nnd lived, uceonllnt:
to directions, on t'ie fourth Hour of h
dingy brick iipaitmoiit In Hur!e:ii Tlu
womnn, having id ntllloil the hired
nnd number, cllmV I whit uppi'.ti-'
In lie n si', rot stishv im th.it kiv'. n
'.sMi'P iih .-'...- i s ,id "I
Mr. JuckMiu win ilKi'ov eio I l.i . .
pllliiw c. e-i lii :i:i !i: rt'.'.U'n! o.mv ' ,
of o:u n.i'.i ..nd ! ivi !:. -no. .i'
flio rii'Un M'sir: : ! M-wrni I":s!o .1 r
i'is. Tlii' yrtiin-V. I ;i"uu' I i! -
"h o. . . '! r n . it
wn:. :il) o:'i t il .Nil ': ii
I' " K.-.
io.ll. !Hy.li
! o I i'.i-v i
com", ill. i in.d, nf !.;.
mil.:-.
in ! I
Ki-. iit'- l- r
.Ii.oksnn." ;'M 1'.?
i'".:'.r Pi rt I : -i
llltb.'t. Willi 1.01
h.miN sol j ; if!. ,i .n hor hip-.
' i-Vrtills'i-r '." tin '.Mitnini rai-el u
t :. ! -.1 !. i. ti.
"I rooki .i : i r'- . iI'.'M oloer iui'.i
nnd lii.'h -in, ::,'. ...ii'il M.
Jiu-k'-oii oiu.f. in''.. "Yuh soo, Id
fntlierV !. n. 'i'" ! rdln.-i. 1, nn niliu''
Illl.n. nn' su wo .l"i' ti.it'rnlly put n.io
nnd two illother, mi' culled liliu lVr
tlll.er." Now Vnris Sun.
GAS USED TO FCIL THIEVES
Really Ingenious Contrivance That
Will Not C2 Appreciated by
thj "Cracksmen."
Some of our property losses have
resulted from Iho Inroads of trucks
men who suoieeiL'd In gcttlnc Into n
number of our vaults and safe-.
Recently an Ii.ontlu fellow with
n l:noh.!gt nf t'ludly kiihc- ilct'Id.'d
to capitalize his undeiMtaiidlng of poi
mui gust'.-, so lie perfei-tod a fragile
glass' cotitiilniT that Is now beli-K em
ployed to protect all kinds of dopo.-l-torles
from thlovo-i. Any mou'inent
of "tho door to v. li'ch the gas container
Is attached, or un unusual Jar, mich
na would re-mlt from an explosion,
breaks the container nnd releases the
fluid, which kills the burglars Instant
ly. Any effort to remove the vial by
drilling It from the door likewise re
leases the gap.
It would be n grand thing, from the
standpoint of safeguarding property,
If some of these gas containers could
be attached to many other kinds of
private possessions'; but such a sug
gestion would likely be inconsistent
with my present effort to set down
ways to conserve life. Floyd W. Par
sons In the Saturday Kvcnlng Post.
Poitiers' Powder Puffs.
Poitiers was fumous In days gone
by for the great victory over the
French when the Illnck Prince took
King John of France n prisoner, nnd
waited on him na his guest. But Pol
tiers la best known today for Its
geese, which have tho purest white
feathers of any species, and their
skins nro rendlly transmuted Into
"fur." It Is mainly from the soft plum
age of these birds that powder puffs
nre made. The whiteness of the feath
er Is attributed to bathing In the lo
cal waters, which contain salts of llth
In. Humbler parts of the goose's ward
robe become dusting brushes, tooth
picks, nnd other unhorolc but UReful
wnres. Tho goose farmers of Poitiers,
hnvo bred geese for centuries mainly
on nccount of their skins and down.
' Pacific Coast Indians.
Tho origin of the nrt of the Pacific
const Indians Is u subject which has
puzzled students In their Investigations
Into the relations between the peoplo
of North America and the peoples of
the rest of the world. The resemblance
In facial feature between the so-called
Slwash and the Mongolian race Is In
some cases fo nmikod that It Is com
monly believed that the Pacllk' coast
Indian is descended from u wnnder
Ing tribe of Chinese, nnd tho Idea that
I'l'lintn' n'ii 1 "im n-ii'hed till" con
tinent over the Hehrlng straits Is cred
ited b.v many Investigators. Other au
thorities even huo professed to sec
n resemblance between tho nrt of tho
Ilnldti Indians and tho nrt of the .Tnp
nnese. But, of course, nothing of a
definite character enn l.e stated.
wvAPVV.vAv.v.v.v.v..v.v.v..
Place Your Coal
Orders Now
The Mallone
WSAWUVVVV.VJVtr,.V.VVAV-V.VVV.VA,VV
Round Trip to
EUROPE
$110 -m
Why Pay Excessive Rates
The Great Northern Steamship Company
(Incorporated) r
Announces that Arrangements are Now
Being- Made for Monthly
$ 1 1 0 Round Trips to Europe
Boston Southampton
11 0
One Way $65
Connecting for
London, Liverpool, LeHavro
THE ABOVE PRICES WILL
POINTS AS FAR
The Company plans to carry approximately two thousand passengers
monthly. Make your plaus now for a trip during the coming season.
A round trip, with all expenses on
shipboard included, at no more ex
pense than a vacarion right here at
home! To meet the ever increasing
demand in this country for an in
expensive and at the same time
thoroughly comfortable and enjoy
able trans-Atlantic voyage, is the
prime object of the Great Northern
Steamship Company. Organized
by progressive business men who
realize the exceptional opportunity
offered for inexpensive travel in
Europe, the Compauy will cater to
the thousands ot intelligent persons
WE WILL ALSO SHOW YOU HOW YOU MAY
BECOME A PART.OWNER IN THE MOST TALKED
OF ENTERPRISE IN YEARS
We have an opening lor an onergetic representative in your locality. This
is an excellent opportunity for a person of character to build up a
permanent business both for himself and the Great Northern.
C2" Cut out and mail with your name and address "Z
A. Wikstrom
Information Dep't.
Edmunds Bldg., Suite 54
Boston, Mass.
I am interested in securing full in
formation regarding a trip to:
(Mark a cross) One way Round trip
England .
France
Germany -
Italy
Sweden -
Noaway
Denmark ... ---
Baltic Provinces. .1...
Finland
Russia
Name .
-,., r t j The above price quoted for immedi-
Street or R. f. d ate acceptance only.
When buying on installments 25 per
City or town .. cent 0f purchase price must accom
pany order, balance may be made" in
State - ten monthly paymentc.
Sherilfs Sale.
Notice Is hereby given that under
and by virtue otan order of sale Issued
from the ofllce of Clara McMillan,
0 erk of the District Court of the Tenth
Judicial District within and for Web.
btor county, Nebraska, upon a decreo
in nn nctlou pending therein, wherein
John Klein la plaintiff and against
Walter J. McCoy et al are defendants,
1 shall olFer for bole at public vendue,
according to the terms of said decree,
to the highest bidder for cash In hand,
at tho south door of tho Court House
at Red Cloud, Nebraska, (that being
the building wherein the last term of
fiihl court was huldeti) on tho 10th day
of July, 1023, at 2 o'clock p. m. of Bald
day the following described property,
to.wlt: Iho South West Qunrter, except
ubout one and one-half nore thereof In
the southeast corner thereof used for a
cemetery, of Section Ten In Towushlp
Four, Itiuigo Twelve, Webster county,
Nebraska.
Glveu under my hand this llth day
of Juue, 1023.
JACK WALLER, Sheilff.
i
i.
tarjwmn
4
- Gelatly Co.
Boston Gothenburg
138
One Way 75
Connecting for
Chriltianla, Stockholm, Helsingfors
Danzig, Riga, Copenhagen
INCLUDE RAILROAD FARES TO
NORTH AS STOCKHOLM
who wish to visit the battlefields of
France, the Shakespeare country,
Scandinavia, the Land of the Mid
night Sun, etc. A chance of a life
time! So it would seem; but it is
more than that. The company will
build for a permanent business,
planning on setting a new standard
of high-class ocean travel on a .'One
class basis. That this can be done
at a fair margin of profit has al
ready been proved and is further
outlined in our prospectus. You'll
find it extremely interesting.
SUBSCRIPTION BLANK
.19.
United States Service, Inc.
Head Office, Edmunds Bldg.
Boston, Mass.
f Check
Enclose find P. O. Order
( Draft
for
as payment in F5. f for- ....
units of the shares of The Great
Northern Steamship Company. Inc.
Price per unit $50.00.
(Four Preferred and two Common
Shares to each unit.)
Have Certificate and Receipt issued
in the name of:
Name . . .
Street or R.f.d
City or town
State
GARFIELD COMMUNITY
10 n. ni.( Sunday '.School. Review of
the characters studled'during the quar
ter. 11 a. m., Sermon,.v'X)oes Education
Pay?"
8 p. m., Program by Young.Folkspe.
partraent.
8:iG Sermon, "Looking for an Ideal".
The Margin of Safety
Is represented by the amount of
Insurance you carry.
Don't lull yourself Into a fancied
security.
Because flro has never touched yqu
it doesn't follow that you're immune
Tomorrow -no today, If you have
time and you Uctter 'find time
come to the oflleo and we'll write
a policy on your house, furniture,
store or merchandise.
LATER MAY BE TOO LATE-
O. C. TEEL
Reliable Insurance
L
h
X
V