THE OMAHA. SUNDAY BEE: -.FEBRUARY 9, 19lS.
3 A
GOLD EXCHANGE
FUND FOR WORLD
IS POSSIBILITY
Development of International
- Plan Without Actual Ship
ment of Precious Metal ,
is U. S. Plan.
Washington, Feb. 8. Willingness
to undertake development of an in
ternational gold exchange fund to
facilitate financial transactions be
tween nations without actual ship
ment of gold was. expressed today
Iiy the federal reserve board in its
report for 1918. This arrangement
would be similar tovthat now main
tained by the board to settle bal
ances between banks within the
United States.
The fund might be developed
among the entente nations and - a
few leading; neutrals, "but it is con
ceivable that all civilized countries
may eventually be participants,"
said the board. The gold would be
deposited in trust in some govern
ment bank to guarantee exchange
obligations, and it was proposel
that the fund should ! limitrrl tn
current commercial and exchange
transactions.
This is one of the suggestions for
future financial development grow
ing out of successful domestic war
tpcration of the federal reserve sys
ein. which She report reviewed in
Ictail.
Clear Enormous Transactions.
"Assuming that the leading na
tions of the world will be at peace
lor a long- period of years." said the
report, "there seems to be no rea
son why an international arrange
ment of this kind should not oper
ate as efficiently as our own gold
settlement fond, which has cleared
rrxymous transactions between dis
tant sectons of a country of vast
area.
"The saving of loss and expense
incident to abrasion and transporta
tion charges and interests on gold
transferred wll be enormous and the
advantage to the commerce of the
world will be incalculable.
"The ability of the country to at-
, sorb investments has proved far
greater than anticipated, and our
credit structure, altnough expanded,
is unshaken. We have no currency
problems, and conditions are not
comparable with those which ex
isted at the close of the civil war."
Extend Banking Credits.
The board predicted that banking
credits now concentrated in this
rountry soon would be extended
through the world "th te develop
ment of foreign trade. Attention
was called to the fact that even dur
ing the war strain the gold reserve
ufaintained against federal reserve
notes never fell below 00 per cent,
though only 40 per cent was re
quired by law. This was interpreted
s indicating a healthy condition
lecessary as a prelude to financing
31' foreign trade.
Warning against danger, in the
5ost-war readjustment, the board
said :
' Drastic contraction would be fol
owed by results, no less disastrous
than tho; which would attend un
lue expansion, and the process or
deflation must therefore be permit
ted to work themselves out in a
gradual and orderly manner. Dis
count rates, which have been based
on the rates borne by the govern
tnenrlssues, must for the time being'
continue with regard to treasury
requirements, but when the war
obligations of the governments have
been digested, and the invested as
sets of the federal reserve banks
have been restored to a commercial
basis, rates can be established with
reference to the commercial require
ments of the country."
Liberty Bond Figures.
An idea of the service rendered by
the federal reserve system in connec
tion with war financing may be
pained from . the report that since
he war began $31,452,000,000 of
Liberty bonds and certificates of in
debtedness have been subscribed for
sind collected through the 12 re
serve banks.
Discount operations between the
reserve banks during the year were
reported as $655,638,000.
Despite the big strain on the re
terve system, the so-called free gold,
or surplus of reserves on December
27, 1918. was reported as $528,600,000.
Aggregate net earnings of the
banks were $55,446,000 last year.
The federal 'reserve system now
includes 936 state banks and trust
companies with aggregate capital
and surplus of $750,000,000 and ag
pregate resources of only $7,339,000,
1M0, the tjoard reported.
Judge Advises Boy
to Quit Bell-Hoppmg
and Return to Farm:
Judge Troup in juvenile court ad
vised William Johnson, 15, of Al
bion, Neb., to give up bell-hopping
and return to the farm.
"You are hopping into trouble,"
said the court. - ,
The t boy's companionf Cecil
Knause, is serving a 30-day sentence
in the county jail. The police are
searching for a man named "Schroe
der," said to be the leader of bell
boys who are influenced to steal.
"We have been unable to get any
of these bell-boys to give us a line
on Schroeder, said Detective Van
Deusen to the juvenile judge. "These
boys throw suitcases and satchels
out of hotel windows. At the San
ford they stole the wedding dress
and a packed suitcase from a room."
The Johnson boy had a revolver
when he was apprehended.
An effort will be made to find a
farm home for him.
Nebraskans
Dirigible
May Guide
to Europe '
i
i Turks Arrest Forty Members
of National Union Party
Constantinople, Feb. 8 TheTurk-i-h
government has arrested about
40 members of the union and pro
gress party, who are charged with
profiteering, the massacre of Armcn
. ians, the deportation and spoliation
of Greeks and the ill treatment of
allied prisoners of war. Those under
arrests include Husseih Djhhid Bey,
former vice president of the Turk
ish rarKsiKCtit.
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Two Fort Omaha Lieutenants
Transferred to Naval Train
ing Station at Pen
sacola, Fla.
Two Nebraska lieutenants, after
being commissioned and assigned to
remain in the United States as in
structors, at last see a break in the
clouds that surrounded them and
may yet reach Europe although the
armistice is signed and they will not
i he enabled to join in the fighting.
1 hey may have, however, almost as
thrilling an experience.
I-ts. R. H. Finley of Omaha and
T. E. Faulk of Stromsbufg have been
relieved from duty at Fort Omaha
and assigned to take a six weeks'
course studying, the construction of
dirigible balloons at Akron, O., after
which they will be sent to the naval
training station at Pensacola, Fla.
All Want Dirigible Service.
Officers at fie fort .feel confident
that they have been selected as mem
bers of the crew of a monster dirigi
ble balloon. that will attempt to cross
the Atlantic. Although envied by all
of their fellow officers for the oppor
tunity afforded them, they left with
the best wishes of all soldiers at the
fort. Majors, captains and lieuten
ants surged around them before they
left pledging them to use their influ
ence and get them transferred to the
dirigible school.
The two lieutenants entered the
school about the same time andvcre
commissioned about a year ago.
Both were eager to get into action.
but w hen ordered to stay here Tfcrrc
not discouraged. Together with
Major Boettcher they had charge of
sports at the fort and conducted
successful foot ball and basket ball
and two popular "Fite Kites." Both
were popular with Omaha sports
men. An Omaha Boy.
Lieutenant Finley was born in
Omaha and before entering the army
was employed by the Ford. Motor
company in the sates department.
He received his engineering experi
ence at the University of Nebraska,
where he was prominent in athletics.
His family will remain at the home,
2003 Fowler avenue, until he reaches
the Florida school, when they will
probably join him. After receiving
his commission he was made'-in-
istructor in the cadet school.
Lieutenant Faulk of Stromsburg is.
a graduate of the University of
Washington, where he starred a a
foot ball and basket ball player. Aft
er receiving his commission he was
placed in command of the 50th Bal
loon company and recently made ex
ecutive officer of Florence field.
DISCHARGE OF
RSI
TRETCII
General March Says Demobili
zation Machinery is Able to
- Handle Mare Men Than ,
Pershing Can Send.
Washington, Feb. 8. General
March said today that demobiliza
tion in the United States now was
on the "home stretch'." Up to yes
terday a total of 67.038 officers and
1,033.812 men had been discharged,
while the total ordered for dis
charge had reached 1,442,000.. .
The demobilization machinery is
now at such a point of efficiency
and operation, the chicf-of-staff ex
plained, that it is capable of han
dling more men than Pershing can
possibly send, with available ship
ping. Of the troops in the United
States only the overhead detach
ments which must be maintained
for future demobilization of re
turning units will be left.
February Estimate 160,000.
Up to January 31, 236,824 men had
been returned from France. The
department estimates that 160,000
will be returned in February. This
is an increase of 46,000 over the
January total, due largely to the
transformation of 51. cargo vessels
into transports.
Plans for divisional parades in
home cities have been upset by the
irregular 'flow of troops homeward.
General March said the. units were
returning in such scattered form
that itr a great majority of cases it
now seemed improbable that di
visional organizations could be held
together long enough for large pa
rades. The greatest military camp in the
world will be established at Brest
when plans for extension of em
barkation facilities there have been
completed. General March- said
Brest would be the backbone of the
American demobilization system. It
already has handled 51 per cAt of
the soldiers sent'back to the United
States up to date. Its capacity for
50.000 men is to be doubled. -
Three Aviators Are
Killed When Airplane
Falls and is Wrecked
Pensacola. Fla., Feb. 8. Three na
val flyers, Ensigns Duane Rutledgc,
Robins, La; David Mingle, Tyrone,
pn- it , , r i t
ra.; ana Kaipn Aicormac.K, casi
Boston, Mass., were killed last night
when their hydro-plane from the
training station here fell 500 feet
into the bay here and was-demolished.
Albanians in U. S. Urge
. Hearing at Peace Council
Washington, Feb. 8. Albanians in
the United States, alarmed at the
seeming progress made by the
Greeks and Italians in their settle
ment of conflicting interests in
northern Eoirus before the oeace
conference, are urging a hearing of
Albanian representatives at fans be
fore this matter is disposed of. Ma
dame Christo Dako, president of the
Albanian national party of the Unit
ed States, has sent a telegram along
these lines to the chairman of the
supreme council in Paris
Agreement Reached
Between Employers
and British Rail Men
London, Feb. 8. Sir Albert Stan
ley, president of the board of trad?,
announced early that an arrange
ment with union executives had been
reached and that railway service
would be resumed as soon as-possible.
Acting Secretary Hudson,- of the
unions, subsequently declared that
he was satisfied with the agreement
and said he expected tube trains
would be running normally at noon
today. 1
Belfast, Feb. 8. It is unofficially
stated that employers of union labor
have asked striking workmen to re
sume work on a basis of 47 hours
per week with a promise of a 44-hour
week when the treaty of peace is
signed. '
Heavy Fall of Snow Last
Night in Central West
There was one to fie inches of
snow all over central and western
Nebraska last night, according to
th? morm'ng report of the railroads.
There was little, if any, wind. This
morning it was calm, and clear, tem
peratures running from 10 to 24 de
grees above zero.
You Osy Iteve
Csiy Like This
Stuart's Calcium Wafer . Are For
Pimples and Blackheads Their
Use Makes You Look Wonder
fully Fair and Attractire.
SEND FOR FREE TRIAL PACKAGE
r
"Lifa to Mt Now Is Beauteous Thlnf,
(or I Hv Md. All Skin Troubles
Thing si the Put."
Every on admires beautiful skin,
just as every one desires to be healthy.
Unsightly faces filled with pimples, de
colorations, blackheads, etc., are nothing
but unhealthy faces due to skin impuri
ties. Improve the blood and the facial
blemishes disappear. Just use Stuart'a
Calcium Wafers for a short time and see
how quickly you will clear up your skin.
And then life will take on happiness
never before realized. Get a SO-eent box
of Stuart's Calcium Wafers at any drui;
tore or send coupon below for a sample
package Tree by mail.
Free Trial Coupon
F. A. Stuart Co, 822 Stuart Bids.,
Marshall, Mich., Send me at once,
by return mail, a free trial package
of Stuart's Calcium Wafers.
Name
Street
City .
. .(State
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Sale Notice!
- Coming
A Great Sale of Hosiery.
Watch our advertisements.
Sale Notice!
Coming
A Great Sale of Women's
Aprons. Watch our ad
vertisements.
A Special and Unexpected Purchase Making Possible Another
Remarkable - Selling of New Silks
A TYPICAL economy event, presenting an unusual aggregation of the neAv silk fabrics and colorings, eniphasiz-
ing more than ever this storeys silk prestige. When you personally examine these goods you y ill recognizT ,
the opportunity as being unprecedented. A most unusual selling indeed i
In Which of Most Pronounced Importance Is This Offering of y
100 Bolts of the $2 Quality "
40-in. Silk Georgettes
r . A most beautiful and fashionable fabric, fresh and new off the bolt;
much wanted, in heavy pebbly finish; a lot of 5,000 yards at this special
price. .
All the New Wanted Colors
Ivory Flesh Pink Maize
Orchid Copen Navy Myrtle
Tan Beige Gray ' Taupe
Peach Gold Sapphire Amythest
Coral Rose Beetroot Grape
Brown African Nile Mallard
Blackberry Lavender Moleskin
Black Labrador Damson'
Belgian Castor Redwood
19-Inch Lyons Black
SILK VELVET
At l,35 Per Yrd
Kich, silky pile Velvets, in short lengths of three-quarters to
teii yards. v
Fine Imported Make
Excellent for Scarfs, Millinery, etc., worth double this price
in the regular way; we cut any length; on sale, while the quantity
lasts, Monday.
11 fe)
PER-YARD
36 to 40-in. Spring Silks at $1 Yard
Exquisite, plain and novelty effects- in those patterns most
favored by fashion for Spring wear. Included are
New Silk Chiffons, Crepe de Chines,
Voiles, Marquisettes, Georgettes, etc.
Come in-ihe 36 and 40-inch widths. These are mostly short
lengths of 2 to 5 yards. Quantity totals about 2,000 yards.
$1
Style Features
(STRAIGHT slender lines
continue to dominate
I lie dress Fashions; tunics
and panels are still the
vogue with just 'enough
variation to make them in
teresting. Capes, both short and long,
hip-length topcoats on
semi-sport lines, dolman
wraps or kimono-sleeved
coats are the latest dic
tates of fashion.
r
Suits with box or belted
coats, many with detach
able vests, are prevailing
new styles. Long, tight
sleeves are set into snug, '
narrow shoulders; skirts
are ankle length.
SECOND FJ-OOR
At
Yard
Camisole Val Points, Beading Top; Van . .
Pylce rolnts, Shadow and Filet Fat
terns; Torchon and Cotton tluny,
Bands and Edges; French-English and
Filet Tals, Edges, Insertions, Beadlngs
and Galloon Bands, all widths, sets to
match; Bound, Diamond and Square
Meshes, 19c to 25c qualities.
A Remarkable Purchase and Sale of Fine
Imported Laces at Half Regular Price
From the Stocks ofShoningef Bros., also Steinfeldt, New York '
HE of the features of Monday's selling is this sale of laces. Pricer concessions enable us to
quote prices just half regularly qualities are exceptionally fine and designs most beautiful.
About 2,000 Yards of,
Odd Piece 1.00 to 1.50
Lace Flouncing
At 59c Yard
Iteautiful Flonucings, most exquisite de
signs, 18 to 27 inches wide, in White,
Cream and Black; Silk Chanttlly, Ori
ental Ifet Top; Badium Two Tone;'
Point Lierre Lace Edges, hand-rnn,
hand-made;. Beal Filet and Irish
Crochet Edges and Insertions, 1.00
to 1.50 regularly.
Included at Half Price
Are 19c and 25c
Fancy Wash Laces
10c
10candl5c
t Qualities -
At 5c Yard
PtfDOBCHOSS, Edges and In
" , sertions, Filet Vals ,up
to 2 inches wide, French-English
and Filet Vals, sets to
match; Edges and Insertions,
Beading Top Vals, 10c and
15c qualities.
MAIN FLOOR
Pacific Embroidery
Package Goods
For Spring -Now Here
Made-up infants and children's dresses,
women's and misses' underwear, kimonos,
etc., including embroidery flosses.
1.50 to 3.90 each.
THIRD FLOOIW-
New Spring Cretonnes
Excellent Values, in Four Lots
THE values are particularly noteworthy, and the showing interesting to
those planning new furnishings.
Lot No. 1 at 50c.
About 75 pieces in 'light and dark colorings
for Living and Dining Rooms. Sun Parlors and
Ucdroom; worth up to 1.00 per yard,
Lot No. 2 at 75c.
100 pieces, 36-Inch Cretonne, some printed on
taffeta and rep cloth, some light, dainty colorings'
for Bedrooms, other dark, rich colorings for Liv
PS Room, Sun Room, slip coverings and cushions;
mb up to 1.25 per yard, ,
Lot No. 3 at 1.00
75 pieces of 50-Inch Cretonne, some double
faced hi tapestry colorings, suitable for Portiers
'and Couch Covers, Window Draperies and Up-,
bolstering; others in light Bed Room effects; L
worth up to J.S0,
Lot No. 4 at 1.25
75 pieces, extra fine qualities, some on linen,
otucrs on fine taffeta; wortn up to 1.75 per yard.
THIRD FLOOR
j.
iTTnfO i
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The Corset Question Now
Looms Large to Every Woman
BEFORE buying your new Spring Clothes have your Corsets
fitted it is not always the high priced Corset that fits
the best it's the style and lines that are Important
Our Corset Fitting Service
is the best, we guarantee satisfaction. Come in and be fitted
here to your particular style of Corset and you will find it
much easier to purchase your suit'. "Jhere is something
About a NemoVCorset
that fits the minute" you put it on, it "Anchors" where it be
longs. Do you know, by wearing the Corset designed for your
figure you can correct many figure defects; while the wrong
model pushes the flesh into positions that it will be hard to
correct? Call Douglas 2020 and make an appointment for
fitting tomorrow.
Nemo Kopserive Corsets 6.00 and 10.00
Nemo Wonderlife Corsets 6.00 to 12.00
Nemo Self-Reducing Corsets 4.00 to 6.00"
Nemo Brassieres 1.00 to 3,50
THIRD FLOOR
. MARVELACC
WONDERUFT
Domestics at Special Prices
Genuine Windsor. Tllsse, Crinkle Crepe,, special, yard
.Will Remnants, White Swisses and Lawns, yard
SG-Inch Diamond Hill Bleached Cambric, special, yard
86-Inch Shirting Fercales, stripes and figures, yard
Genuine American and Simpson Calicos, yard
82-Inch Madras, figures and Jacqnard effects, yard
72-Inch Bleached Sheeting, 10 to 20 yard lengths, yard
86-Inch Fancy Printed Cretonne, heavy quality, yard
Full Bleached 86-inch Muslin, at,yard
72x90 Bleached Bed Sheets, French seam In center, yard
9x4 Bleached Sheetiug, full 81-inch wide, yard
.iC-Inch F.mbroidered White Lace Cloih, yard '
BASEMENT
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394
494
194
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554
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