Nebraskan Buys $50,000 Stock of
Hose in Order to Leave Germany
V
Made Big “Cleanup” on Farm Near Hamburg and Gets
Around German Order Against Gold Certificates Lem
1 ing Country by Buying Merchandise.
Columbus, Neb. Nov. 2.—A month
ago, P. H. L. Meyer, Columbus man
owned and lived on a 400-acre farm
25 miles from Hamburg, Germany.
Today, he Is back in Columbus, the
owner of $50,000 worth of men's
women's and children’s, socks and
stockings. "If I can get my money
out of that wholesale stock," he says,
"I will have cleaned up close to $30,*
000 profit on my farming venture In
Germany' the past two years.”
Mr. Meyer, who made his stake In
farming In Humphrey township, took
his fumily to Germany in 1921, in
tending to buy one of the farms
which, during his boyhood days, his
father had owned and had lost by
playing the board of trade. He could
not buy the farm he Intended to, but
bought another 400 acres, 100 acres
of which once belonged to his father.
He paid $20,000 for it. put some more
money Into electro lghts and other
Improvements and sold It to a German
syndicate several weeks ago for $58,
000 in gold certificated.
Then his troubles began. The Ger
Mr. Meyer worked rapidly. It
stringent regulations forbidding the
taking of gold or gold certificates
out of the country. How to get
hack to America without being
"nicked” for a substantial portion of
his capital was a problem he solved
by placing an order for $50,000 worth
of cotton, near silk and woolen hose
with a big manufacturing concern, to
be shipped to Chicago. The balance
he used for Incidental expenses or
changed Into English pounds and
then he and his family started for
America before inquisitive offlicals
of the German government learned of
their departure.
Mr. Meyer worked It rapidly. It
took him just two days to buy the
$50,000 worth of stockings In Ger
many and arrange for their shipment
to Chicago. He reached Columbus
Sunday and at once bought another
farm of 100 acres, paid $22,000 cash
for the farm, crop and livestock and
purchased a new car. He will move
on the farm Monday. Mr. Meyer
has eight children at home. The first
shipment of stockings Is on the way
from Germany and the others will
follow over a period of three months.
100 Per Cent Profit.
"My first problem was how to get
the money out of Germany. That of
selling the stockings after they reach
Chicago at an added profit of 100
per cent is comparatively simple,"
said Mr. Meyer.
“Economic conditions have literally
£*ne to smash in Germany,” Mr.
Meys*- says. "The first year we were
there we enjoyed it. The second year
conditions became unpleasant. The
last few month* they have been in
tolerable.
* “In an effort to atop the headlong
plunge of the mark to a value of
zero or less, the socialist government
has clapped on so many restrictions
that It has become a jail offense for
people to buy and sell with Ameri
can dollars. By putting a ban on
the use of United States money, the
government thought It could force
people to continue using marks to
stabilize German currency. They re
cently put another regulation into
effect that no one could take gold
currency or gold certificates out of
the country.
"The people—not the government
of Germany—are putting the Ameri
can dollars out of circulation be
cause as rapidly as they can get hold
of any they salt them away hoping
to be able to get enough after while
so they can get to America. All tfie
Germans want to come here. The
American dollar is the standard of
all German trade. How scarce Ameri
can dollars are getting can be judged
from the fact that I was not able
to get hold of enough of them in ex
change to bring my family back to
America. I had to take English
pounds sterling in Hamburg—a cur
rency that is available but that ne
one want*.
3,500,000 for an Egg.
"Prices are sky high when meas
ured in marks. They are low If you
have American dollars to spend. Four
weeks ago I had several women dig
ging potatoes on my fnrm and I
went to town to buy them some her
ring for dinner. The dealer wanted
3,500,000 marks for one herring. He
asked the same for one hen’s egg—
imported from the United States.
When I asked him how many her
ring he would give me for an Ameri
can dollar he gave me 50 of them
and the eggs were worth 10 cents a
dozen. He quoted 10,000,000 marks
for one pound of rice and I bought
five pounds for two bits In American
money.
"I went Into a clothing store and
priced a pair of pants for 41.000,000
marks and then asked the dealer to
hold them for me for half an hour
til I could see if I could find some
thing that suited me better at an
other store. When-1 got oack the
price had gone up to 51.000 marks.
Price* during the last few months
have been changing as often as every
half hour as the mark has dropped
and dropped. Nothing Is certain ex
cept that Germany is going to pieces
economically If France stay* In the
Ruhr. *
"People In the cities are hungry.
They have food riots night and day.
The socialist, or "left party," ns it
is called, Is bound to fall soon. .Senti
ment of the country is forming rap
idly in favor of the "right party,"
which would be something like the
republican or democratic parties In
the United States.
Bolshevism Threatened.
"If a change of government does
not help conditions soon and the
French refuse to get out of the Ruhr,
the German people will turn to bol
shevism, although they do not want
it. The Russians, however, are
working hard In Germany to put
their principles across.
"Farmers and bankers havo
profited from the fall of the mark.
Before the war most of the farms
in Germany were loaded with mort
gages. Since a cow has become worth
a billion marks the farmers are out
of debt. Home owners In the city
have paid off their mortgages, but
while they have money they can't
buy food. Germany relieved of
France would stage a quick come
back."
He adds that opportunities for
Americans to go to Germany and
"clean up" are rapidly passing. Nu
merous governmental restrictions and
high taxes are responsible. To show
the value of American money Mr.
Meyer carries a w^tch made with a
gold case and selling in America for
$50 that he-bought for $1 in Ger- ,
many. "The mark has become sr
useless that iUs cheaper than tlssu<
paper and can be found lying aroum
in bathrooms." he said.
Want Night Watchman.
Bloomfield. Neb., Nnv. 2.—A peti
tion asking the city -council to em
ploy a night watchman for duty dur
ing the winter months has been clrcu
lated and liberally signed. There I
seems to be little doubt but that the
council will vote favorably on the
matter. Quite a number of applica
tions are on file for the job.
Choose large apples, core and fill
cavity with honey, dot top with
small pieces of butter and bake.
Your Credit
IS GOOD HERE!
GOOD CLOTHES
Men, Women, Children.
QUALITY DIAMONDS—
Elgin Watches, 1847 and Com
munity Silverware.
Advance Styles In EVERY Dept.
Sis Big Stores mean larger volume, lower
prices and easy term*. Dress well without ?
missing the money. Open your account
Tomorrow, or write for Free Catalog.
Omaha’s Greatest Credit Store
harrisGoars
507 0511 SOUTH 163 ST
j
tlKM DOLGLAS STREET t
World Timor Bids. ▼
+ A Complete Departure +
^ In Single-Stone ^
4 DIAMOND RINGS 4
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' --—— /
Popular Saturday Free Concert
Nov. 3, 1923, 3:30 P. M.—Lasts One Hour \
The fourth this season of these popular Saturday concerts. Come
and bring your friends. The following well-known locnl artists
make up the program: Celco solo Amour Coquette Friml, played
by composer; piano solo by Bernice Wallace, pupil of Miss Alta
B. Gillette; vocal solo by Miss Francis Pope, accompanist, Mrs.
Willis Redrield; recitation by Dorothy Smith, pupil of Miss Amy
Woodruff; violin solo by Miss Fanny Fish, pupil of Mr. Frank
Mach, uccoinpanist, Miss Evelyn Vore; piano solo by Marjorie
Jlurlingame, pupil of Karl K. Tunberg; vocal solo by Florence •
Marsh, celco accompaniment; Hong and dance by Helen Deats and <
Elenore Wolfe, pupils of Miss Agnes Britton; saxophone solo by
Angelo Lupo.
Schmoller & Mueller
1814-16-18 Pl9nA Telephone
Dodge St. ■ IdllU vOi Atlantic 1888
Judge W. M. Cain Would
Return to High Court
Fremont. Neb.. Nov. 2.—Hon. W.
M. M. Cain, former member of the
Nebraska supreme court commission,
has announced his candidacy for
judge of the supreme court from the
Third district at the coming primar
ies in tho spring.
Judge Cain is well known through
out this section, where he has gained
considerable recognition ns an attor
ney and as a member of the supremo
court commission in 1920 and 1921.
He is a public speaker of ability, hav
ing delivered addresses throughout
the state on various occasions.
Bushnell Bank Chartered;
Will Open Next Monday
I.incoln, Nov. 2.—The American
State bank at Bushnell, Neb., was
chartered today by the state banking
department and will be open for busi
ness next Monday with a capital
stock of 115,000, It was announced at
the banking department.
The bank will take over the assets
of the Farmers Btate bank of Bush
nell and will assume the deposits of
that bank equal to the assets, it was
said at the department. The Fanners
State bank has been in the hands of
the state guarantee fund for some
time.
Officers of the new bank are all
residents of Kimball, the county seat.
They are: VV. S. Rodman, president:
W. M, Rodman, vice president, and
F. M. Farr, cashier.
Man Whom Bolshevists
Doomed Conies to Nebraska
Beatrice, Neb., Nov. 2.—Escaping
from Russia after he had been con
demned to die by bolshevists, Jacob
Wlebe, hie wife and three children,
have arrived in Gaga county and have
found a good homo with J. J. R.
Claassen, farmer living near this city,
for the winter. Mr. Wiehe says he
owned a good farm in Russia, but
that he was captured by bolshevists
who decided to execute him. Succeed
ing in making his escape, he brought
his family to this country, and was
not long in finding a good home after
reaching Gage county.
New Safe to Replace One
Blown liy Barnston Yeggs
Barneston, Neb., Nov. 2,—A new
safe has been received and Is being
installed in the building of the Bank
of Barneston, to replace the one
blown up here four weeks ago by the
hand of" yeggs who terrorized the
town by awakening and holding at
bay by revolver shots all the citizens
of the town, while the robbers made
an unsuccessful attempt to rob the
hank. The heavy charges exploded
by them badly damaged the building
It has now been repaired and is ready
for use. The new safe is claimed to
be burglar proof.
To Cure n Cold in One I>»y.
Take Laxative BROMO QUININE Tablets
Tha box baara the aljrnature of E. W.
Prove. 30c.—Advertlecment. !
I “CAN WE BELIEVE IN RELIGION?”
What is the meaning of religion?
Is the universe such as to make the
religious effort valid and hopeful?
Is God indifferent to our world and its
affairs?
Is it possible for the soul to find in
Him a helper and friend?
This theme will be discussed by Rev. Ralph E.
Bailey at the First Unitarian Church, 3114
Harney street, Sunday, at 11 a. m.
ly The third sermon in the series: “What Can
• We Believe?’
^ You are invited to attend the services. No
rented or reserved pews.
j——7—- -V
Teachers
Avail yourself of the facilities of this
Greater 'Apparel Store—make it the
meeting place with your friends.
V ->
Hr STYLE WITHOUT EXTRAVAGANCE *
ERZBERfSB
1519-1521 DOUGLAS St.,
/ . —
Shop in the Mornings
By doing so you avoid the intense
afternoon crowds of shoppers, and
quite often selections are better.
v - >
Values Extraordinary Prevail Throughout This Store Saturday
✓ '
For the Visiting Teachers—
We have planned a Tempting Sale for Saturday of
400 Charming New Frocks
Offering Selection of the
Entire Collection at
Each one is of persuading motif and tempting value—which circum
stances have sanctioned marking below the actual value. Every
occasion is featured with many styles—street, sports, after
noon and morg formal wear. It’s an event of material
as well as artistic importance—claiming attention
not only for the saving you’ll enjoy, but for the
remarkable choice you can make.
The Cloth
Frocks
Are in
Poiret Twills
Tricotine
Charmeen
Jerseys
Novelty Plaids
\ ■ -
m
The Shades
Black Brown
Navy Cocoa
—and, in fact, all the
new colorings of the
season.
Droaa Salon—Sixth Floor
The Silk
Frocks
Are in
Canton Crepe
Crepe Satin
Satin Canton
Lace
Chiffon Velvet
Another Sale of
Full Fashioned
Silk Hose
Those Omaha women who
failed to share in our last
great sale of these hose
may do so tomorrow. Sup
ply your every need.
All silk Pointex chiffon hose, all silk sheer clox
with Pointex heels that are slightly irregular.
Heavy silk hose with lisle tops. A wide variety
of shades. Buy them by the half-dozen pairs.
Hosiery—Entrance Floor Shop
--N
GIRLIE NOOK
Fifth Floor
Saturday—A Sale of
Cirls’ Dresses
Sizes 7 to 14
Values to $12.50
Hundreds of clever
new dresses in pretty
velvets, wool crepes,
fine French flannels
and serges. Many
smart combinations of
fabrics and colors.
Dainty embroidery and novetty trim
mings enhance many of these dresses.
Bridga Scot* Pads Frts—Fourth Floor
t
r
Sale of •
Infants’ Creepers
Values to $2.95, in Two Lots
95c $1.25
Fast color GinKhams, Pop
lins, Chambraya and Mer
cerized Fabric*. White and
all the wanted colors. A
real attractive value.
Sizes 1 and 2 Only
Babyland—Flo#r
V_J
I /
Marinellc
System
Prompt service.
Full line of hair
goods and prep
arations.
Hair cutting, fa
cials, electroly
sis, scalp treat
ments, Marcell
ing.
Biautr Parlor—
Sovonth Floor
l _J
--—-—^
A Saturday Special in
Negligee Girdles
$1.45 $2.95
Heavy pink satin and cotton
broche. The ideal girdle
for the slender figure. A
^ favorite with school girls.
1 Cor»«t Salon—Mvsianina Floor '
VJ
f—. \
Saturday issues in Most Exceptional Values in
COATS
Wonderful furred coats and wraps
which have been fashioned from the
richest of fabrics, all lined with qual
ity silks.
*49.50
i and
*74.50
This is one of those events that fastidious, well-dressed women
welcome with genuine delight. Every coat in this sale represents |
a saving of dollars and dollars. It means that you can select a J
beautiful, individual and luxurious coat at far under what you J
expected to pay.
T'om tb Floor
Fox Scarfs — Full Skins
All the wanted and various colors in select
fox senrfs, liberal in siie, every one perfect,
moat attractively priced.
•.
