America’s Big Gold Reserve Has Dangers Burden of Vast Amount of Bullion May Fail to Be Economic Blessing for Nation. New York, March 30.—Financial experts estimate that approximately So per cent of the world's gold sup ply is in America at the present time, about $4,000,000,000. London, March 30.—That a great stock of gold is a real danger to a country instead of being a security Is the belief of Sir Josiah Stamp, foremost British economist, who framed the economic clauses of the^ treaty of Versailles. "Now that the greatest assemblage of gold thnt the world lias ever seen has been deposited In the vaults of New York," says Sir Josiah, "far seeing men and women on both sides of the Atlantic are beginning to real ize a remarkable economic paradox, (■old Not Food. "The United States government to day possesses nearly half the total supply of the world's gold, according to the latest report of the comptroller of currency. This does not necessar ily mean that America is better elothed, or housed, or fed than we In Britain. You eannot eat gold. "This gold must either be kept In ternally. and have an enormous ef fect upon prices, or it must go out of the country to purchase goods. "The whole economic structure of America has been tending to become that of an exporting country, and, of course, its tariffs are based in that way against Imports, whereas, with the payment of a debt by Brit ain, and also the advlsabili* of ex changing this gold for goods, it fs now almost inviting an influx of goods which must go against its whole eco nomic Inclination. Inflation Possible. "She will naturally not like send ing the gold out of the country to receive goods In exchange. That would raise a howl against the tariff at once. Therefore, she Is driven to keeping it within her own country. If it leaves her vaults and goes into general use it will have the effect of vastly Increasing prices un less there is an enormous increase in production. "But there is an even more insidious danger—that the possession of this quantity of gold may lead the federal reserve board largely to inflate cur i ency. AVhen the bullion is unloaded in harbor it fb carried to the vaults for safekeeping, and then it remains in reserve. "Supposing the percentage of re serve under normal conditions In America to be 40 per cent, this means that for every $100 of pur chasing power and credit in circula tion she has $40 in gold wherewith to back it. But today, owing to the enormous quantity of gold, her re serve is approaching double that fig ure, and she Is rapidly reaching the point where every dollar of purchas ing power on the continent could be leplaced by gold of its face value. Prices Might Rise. "As long as the gold Is untouched Ibe danger Is dormant. But If. when an improvement occurs In trade, bus iness men seek large Increases In credit, the federal reserve board may be tempted to lower this reserve rat.o so as to give them all that their am bitious programs may require. "They might think to themselves ‘It would not do any harm to let the jeserve down by 5 points' and inflate the note issue accordingly. “This may have much the same ef feet as if there were a government press printing paper marks. "Ia“t us suppose that they succumb to the suggestion. Credit becomes more plentiful because the ratio re serve I* lowered. More paper dollars s re available, so that prices rise, with the result that a dollar note no longer buys the old quantity of goods. In flation sets in. with the subsequent nemesis. Peril* to Re Avoided. •'Workmen demand higher wages. ! srul strikes come, with their inevitable ’ tiohsequenees of economic deadlock end the subsequent collapse of in-1 tluatry. "Thus the undulations of industry Sre made more severe, whereas the desire of everyone is to introduce a treater stability In trading conditions over the passage of years. “What we want to do is to avoid the severity of trade cycles, for every ‘pasta of artificial influence leads fur ther away from the desired object. ! Every burst of inflalioh raises many 1 new social difficulties, and just as we tre getting into tho comparatively level water* after the rougii seas of the war we naturally dread new dis turbances which tnay arise in this way. “We can Ohiy hope that the hank- j Ing authorities in the United .States j realize the responsibility they have j to the world In the way in which 1 they handle their gold problem.” Election Called for Successor to Towner Ides Molne*. la.. Man h 30.—Hover ! nor Kendall announced today that he would issue a proclamation soon dcsig nating June 4 as the date for the »p*et*l election in the Eight h eon grssalonnl district for the election of ' a successor to Horace Mann Towner of Corning, who resigned to become j governor of I’orto Kloo. Pershing to Fleljt Dedientc Memorial Avenue in Lincoln Lincoln. Marcli 30.—Hen. John J. Pershing. It was announced last night, will arrive In .Lincoln today to spend the Easter season with his sister, Mrs. D. M. Hutler. and Miss May Pershing. His visit Is primarily to take part In the dedication next Monday of a memorial avenue. IMtlll I I I I I I IN I I II I I I I I I ■ I ■■ : 1,000 SPECIALS | “ 1,000 New Coats, Drosses and • • Sails go on salo Saturday, " 2 offering values you cannot . • afford to miss. • * Mrs. Vanderbilt in Movies I I'fcfVjcQr.&ld CVgm <£ erbiit in Kcvt-ei° /*-*»-■ || R has just been learned that Mlrs Gloria Morgan, daughter of the" American consul general to Rrussels, acted in minor roles in the movies lie fore she became the bride of Reginald O. Vanderbilt, many years her senior. This is a scene from "Enemies of Women," by limner, in which she played the role of nurse, under the stage name of Gloria Rochelle. Report of Naval Wage Hoard Presented to Roosevelt Washington March 29.—The report of the naval wage hoard, organized to readjust wages ih navy yards throughout the country, has been laid before Acting Secretary Roosevelt by Rear Admiral Straus, the chairman. It was understood that the recom mendations of the board, if approved, were not likely to become effective before June 1. The basts of the ad justed Scales, it wnR said, would bo the prevailing rate i f each trade In the community in whict the yard is situated. No details of-the year's findings were made public. Aged Couple Found Dead; Think Man Fired House Esthervllle, la., March 29.—Mr. and Mrs. Ed Clausen, M and T9, respec tively, were found dead in their home near here late Wednesday. Clausen, who is believed to have been inen tally deranged, i** thought to have sl&in his wife, set tire to the house r.nd to have suffocated. Mrs. Clnu* sen s body was found in the basement badly burned. His was found in a chair. Auto Damaged as It Rolls Down Hill and Hits Hoflse Cnr belonging to Louis ft, Flock. 5021 Leavenworth street, was slain aged Thursday when it broke from its moorings nt Twenty-seta nth avenue and Hurt street and rolled down a lilll to Twenty-seventh avenue nml fuming street, tearing down a fence in from of 2727 Cuming street and coming to rest against- the house Man Goes on Trial for Slaying of Vt oman F. Kruger went on trial In District Judge Stauffer's court Friday morn ing on a charge of manslaughter in connection with the killing or Eleanor Matnch. Luxury Buses for Arizona's Apache Trail JNew 19-1’asseiiKPr Autos Have i All Conveniences of Pull man Cars—Heated in Winter. _ Phoenix. Aids.. March .'10,—Auto mobile passenger transportation pass ed into a new era in Arizona thin week when two 19-passenger buses were delivered to a local transporta tion company for service between Phoenix and the Globe Miami mining districts. More excitement was caused here i when the new coaches, the last word in the automobile industry, paraded through tlie streets than when the first airplane passed over Phoenix only a few years back. The massive cars, beautiful In de sign and built to stand the demands of passenger service over the moun tainous Arizona roads, rolled along tile streets, responding readily to the will of their driv< rs, as thousands of nntlw : and healtli seekers from all , over the United States gasped in won- j derment. I l.'ltslly < ontrolled. 11. It. McAbreu, manager of the j transportation company, demonstrat ed the rosy control, power and com- ' fort of the new buses, driving over 1 rough dirt roads and unpaved high- ] ways. The finest Pullmans do no? ride with any more comfort than the new roaches that will be put into servile between this city and the. Globe Miami mining district. Mottling has been overlooked in the meehanienl and <•,instruction design of the new cars to make auto travel, which has gained great popularity fn this district in last five veara, a real pleasure. Kh rtrically lighted through- j out, automatic signal devices, power-1 fill headlights, automatic governor lo J regulate the speed of the engine, hot and cold controls -- are all manlpu-; lated from the driver’s seat, which Is i set apnrt from the passenger’s com partments. Sepa ra I c Compart men! s. One section id the coach is par titioned off for ladies, and a smoking morn for men in the rear. j.arge ■ roomy seats in each compartment give llic bus every appearance as Plan! Explosion Freeport, 111.. March 30.—Two dead, three seriously Injured and a large house demolished is the toll of an acetylene gas plant explosion Wednes day lilgbt on the farm of William Wernicke, near Lena, 111. With his wife Hnd his son, Robert, 4, dead. Wernicke lies in a critical condition at the home of his father, suffering from shock, grief and'severe barns about the hea dand arms. Lois, Wer rticke'a Holsum ovens linger. Hetty Green's Son Rejuvenated I ii«lf all known drugs creosote Is rec ognized by tite medical fraternity as the greatest healing agency for the treatment of chronic coughs and colds and other forma of throat and lung troubles. Creomulslon contains in ad dition to creosote, other healing ele ments which soothe and heal the ] inflame,) membranes and stop the irri- , tation and inflammation, while the creosote r < s on to the stomach, is ab oriel into the blood, attacks the scat of the trouble and destroys the germs that lead to consumption. Creomulslon is guaranteed sat.s factory in the treatment of chronic coughs and colds, bronchia! asthma, catarrhs! bronchitis and other forms of throat and Jung diseases, and la excellent for building up the system alter colds or the flu. Money refund ' 1 if any c ugh or cold, no matter cf how long standing, ‘is not relieved alter taking according to directions. .Ysk your druggist Creomulslon Co., Atlanta. On. of tho operation performed on Harold !' McCormick of Chicago, husband of Oanna Walskn. declaring that It had been erroneously reported that ho had submitted to a gland transplantation procedure. It is stated that he, too. | was given the Stemach "rejuvena lion” treatment under advice of Hr. Adolph leoren*. Viennese bloodless j surgeon. who himself had undergone I the treatment And claimed vr been ''rejuvenated" as a result. Never brush dust stain* On **•' ment* very vigorously or the mart will be driven into the clothing. When the eta.n i* nlwtinate. rub pure alco hol on it with a soft rag and the mark* will quickly disappear. The Perfected Footwear for Women The smartest of street shoes are made of fine soft kid, with flexible soles and a particularly snug fitting arch. The stiff shank, adjustable to the individual wearer, completes a “perfect fitting arch shoe.” Styles and Sizes to Perfectly Fit Any Foot Widths AAA to E. Designed in a number of pleasing styles. Black or tan kid ©Word; resi Block kid blticher oxford with cure shank; Cuban heel. medium walkinf heel. Black and tan kid onf-strap © imp with Cuban heel. 'EVERYBODYS STORE" — $1.75 Alarm Clocks Each 98c BEATON DRUG CO. 15th and Farnam Sts. $2.50 Hair Clippers Each $1.49 Specials for Saturday and Monday -DRUG WANTS 30c Ha! Rrite for coloring old and new straw hats, per bottle.10c Easter Egg Dyes. pkg. . 5c .".0c Coloritc.19f* 25c Carter’s Liver Pills, 14c 60c Swamp Boot . . . . 45C 30c T.avons . . . 19C 60c Milk's Emulsion . 12c 60c Scott's Emulsion . .. 12C 60c Byrup of Pepsin. . . 43C 10c Wanous Shampoo Bags, 25 c *1.00 1 isterine 79C 1 pint Norwich Milk of Mag nesia for . . 33c ! 30 I-nxntive Bromo Quinine for 23C 40c Castoria . 25c j *1.00 \ ita \ im \ ca«t Tablets for «9C *1.10 Tanlac.94C 60c Resinol Ointment. 42C 30c Phenolax 22c 35c Krecs.one . .. 25C I 3.1c Nature’s Remedy Tablets for. 17C 35c Sa! Hepatic* . 21C $1.25 Lyl i Tonii 9Hf* 30c Mcmholatum -17c # .75 Horl: k's Malted Millr. |2,89 *1.10 Mastin'.* Vitamon Tab lets for ... 79C 15c Florence t'astile Soap, 2 caki s for.15C -FOR MEN *0.00 Gillette Gold Razor and two blades, special Ht 79c 30c Safrtee Shaving Stick 17c 30c Safetee Shaving Cream 17c 75c Rubberset Shaving Brush, guaranteed not to shed In istlo . each 39C Auto Strop Razor with three blades and strop. Saturday only. id! for . (MC :15c DeLiixc Shaving (’ream. • I, il. Saturday only 19C $1.00 Gillette Razor Blade*.— 69# $1.00 \uto Strop Blades H5c * 1.00 Durham Duplex New Razor with one blade at your own price we will ac cept any price you offer— from on* r*nt u|*. |—-CANDY Whitman’s. Huylorfc and All# gretti’s in Easier packages, t-j to 5-lb. boxes. Special, :'-lb. I owney's Ranter Package of Honbona and Chocolate*, per 2-lb. box, tor . 1M.OO in - pound Jumbo Jelly Roan*. 1. tet ;-pei ml, per lb *l)f* 75c Jordan Almonds, per pound . . 1D(‘ $llu Original Mlegrctti Clirn olates, Assorted'Cream, pet pound 7r.C -PERFUMES Bi( Ea*ter Special* $1.75 Djerkiss Extract, per ounce .. .81.10 $5.50 Black Narcisse, per ounce .84.25 $1.26 Jickey Extract. ounce . 75C $1.26 Locust Blossoms, per ounce ... .49C $1.00 White Rose Extract, per ounce . , . 49 c $1.25 Colgate's Lilac Extract. per ounce. 49c $2 00 Ideal Extract. Crown Toilet Goods Co. of Boston and Paris. Special, per ounce . . 9SC $4.00 Coty's L'Origan Fx trart. bulk, per oa.. 81.98 $2.00 Reiser's Assorted Ex tract*. per ounce.... 49C -CIGARETTES Chesterfield*, Camel*. Lucky Strike*. 2 pkf». fbr 25C Per carton 81.25 /—v CIGARS Frcih From Factory 10c Phila Rosa Concho*, spoi l*!, 2 for . . 15c Box of 80 . 13,50 13c Phila Rosa. Perfecto si/p. 1 for .. Box of 50 10c F'lor xcs. spl . $1.25 60e Goutorbe's Rouge, new shades. Begonia and Orange, in gold box. f. r 39* $1.50 Goutorbe's Face F wder for SIS* $1.25 Piver's Far Powder, I-aTreflo or Asurea. each 7Hr 50c Picric>s t'vcam 320 50c IV mo Tooth Paste, 33* 05c K.'tex Sanitary Napkins t 12* 25c' Got. Peroxide Hydrogen for lOr $1.00 Q Ban Ha; T 79* "IV Resc'o’ S ,ci 21* 50c Emulsion cf > »r.ut OH shampoo 39f* 50c Pepsodent T !h Paste for 36* #1.10 Pyi s. t to teeth and ns . 59* ; 75c Stnoomb keeps the hair in place 51* 50c Hair ilrvoro . 13* $1.50 \ an V *.« Hair Grower f #1.39 60c P.'erklss Rouge . 31* $1.50 t'oty's L’Origan Face Powder . ... 79* 35e 5 outh Craft Tooth Paste <'"r.. 16* Frank’s I onion Facial »'«<* •#1.39 Mail order# rece v* prompt at tention. Add 5 cents on the dollar to cover packing and postage