THE BEE: OMAHA. WEDNESDAY, FEBRUARY 11, 1920.
14
INTERNATIONAL
DI-METALISM
URGED BYTHOM AS
Senator Declares Foreign Ex
change Must Be Stabilized
and Gold and Silver
Ratio Re-established,
S Washington, Feb. 10. Declaring
that foreign exchange had become
tJie "sinister international problem"
n.tlu'n the last six months, and wi
ll's. adjuster! soon "commercial
naos" wot'ld overwhelm interna
tional trade, Senator Thomas, dem
ocrat, Colorado, urged in a speech
today the re-establishment of the
old ratio between gold and silver and
the creation of international bi
inetalism. f'The time has come." he said,
"When Americans should take the in
itiative and renew its proposal of
for the establishment of a par
ity between the ancient monetary
metals, whose relative values now
oscillate h.'twecu 15' and 15 to 1.
Europe. Sen;' tor Thomas declared,
the problem of rc-cstablishinii
and reconstructing her foreign trade
aild would welcome any system of
international stabilization of silver
and gold values that could be accom
plished without endangering the
financial structure of ) international
commerce cr credit. 1
l r f i r, . . .1 n.u
j in ecu io oieaay uoiu. j
The slow but steady rise in the i
value of silver during the war, in j
suite of efforts to prevent it, more
tnan restored the old equilibrium be- j
tween gold and silver, he said, until
t?lay gold is the cheaper metal, and
it rather than silver, needs the i
steadying influence of an interna
tional agreement.
J The United States caryiot coin
ik'er dollars today except at a loss,
Senator Thomas said, and the con
dition will oon apply as well to
fractional currency. On such a
basis, he declared, the coins will go
to the melting pot a,s fast as they
ate made and inevitably precipitate
throughout the world a famine in
fractional currency unless the ratio
be adjusted by international agree
ment '
I Too Much Paper Money.
The volume of paper money in
the world is out of all proportion
to the value of specie, he said, and
in this condition lies the seat of the
international exchange crisis. At
the beginning of the world war the
total paper money of the 30 princi
pal nations of the world amounted
to about $7,000,000,000, he declared,
and in December, 1919, it had in
creased to more than $40,000,000,000,
while the gold reserves of the same
countries had remained practically
stationary at around $7,000,000,000.
, "We may, indeed we must," Sena
tor Thomas added, "lend our credit
to those whose trade we need, but
we cannot, save by mutual agree
ment for the fixity of exchanges,
remove the gambling element from
international trade, stimulate inter
; national confidence in modem cur
, irncy systems, make the problem of
(reflation comparatively easv and re
establish the regime of a saner and
more dependable monetary medium."
Ropes Caught and
Bluffs Aviator Had
Narrow Death Escape
Art Bluto, Aviator Nielsen's para
chute jumper, narrowly escaped
death yesterday when lie jumped
from an airplane in Council Bluffs.
Twice the ropes of his parachute
fouled and caught on the wing of
the plane and he hung head down
ward. The thrilling .moments came after
Nielsen had circled many times over
the center of the city and had gone
to the vicinity of Broadway and
Twenty-eighth streets to find open
prouud where the jump could be
made safely. When the jump was
attempted two of the parachute
ropes caught on the wing and Bluto
dropped only a dozen feet. (He
made desperate efforts to untangle
the snarl, but failed, and dragged
himself back on the wing by climb
ing the rope.
The jerk when the ropes caught
gave the car a nasty angle. Bluto
was tryii;g to untangle the ropes
when something "killed" Nielsen's
engine and the plane began to turn
sidewise. Nielsen, realizing that
both would be killed in afal!, yelled
at Bluto to jump. Me obeyed, and
for the second time was suspended
beneath the wing, but tins time
head "dow nward. The helpless car
was turning more and more when
Bluto again climbed the rope, re
leased his big umbrella and dropped
safely.
Nielsen did some thrilling: stunts
above the auto show, including a
tail spin from a height of 4,000 feet
and a swoop that just cleared the
towers and scraped the roof of the
Beno building.
15 Years for Forgery.
Red Oak, la., Feb. 10. (Special.)
Arthur Everett, indicted for check
forgery, was given an indeterminate
sentence not exceeding IS years in
llie reformatory at Anamosa.
DID YOU EVER
USE SLOAN'S?
Keep
it handy to promote prompt
relief from rheumatic
paina and aches .
HEN you know what Sloan's
Liniment will do, as thou
sands of men and women the
'world over know, you, too, will keep
fit handy. You will use it for those
"twinges of rhematiz," for relieving
that lame back, muscle stiffness and
soreness, aches, all sorts of exter-
nal pains and exposure aftermaths.
Only takes a little, applied with-
ut rubbing. Soon penetrate, scat
tering the congestion, bringing mer
.ciful relief to the throbbing, jump
ing part.
Three sizes 35c, 70c, $1.40. Any
druggist has it. If not, we'd like to
know his name.
p
u-j
Used Federal Funds
For Socialistic Arms,
Is Charge of Harding
New York, Feb. 10. Charges that
"socialist forces which found a place
in the great war machine" of th
government took advantage of their
opportunity to use federal funds for
socialistic aims were made by Sen
ator W. G. Harding, republican of
Ohio in an address delivered be
fore the King's county republican
committee. Senator Harding de
clared that these forces had in
fluenced the administration and that
they had attempted to obtain hun
dreds of millions of dollars ostensi
bly for federal power development
when the "real aim was nationalized
coal mines and power plants."
Attacking the administration for
alleged inefficiency and waste in its
conduct of the war, the speaker de
clared that "out of the billions ex
pended in dire necessity we have
the one real physical asset of a con
structive program which will give
us 8,000,000 tons of shipping, "ample
for the greatest merchant marine
the world has ever known." Sen
ator Harding declared that these
ships must be put into the hands of J
private enterprise.
"I hope," he continued, "congress
or its agents will not sell at need
less sacrifice or on partial payments
delayed beyond the natural life of
a ship. Let them sell at their worth.
I do not like the subsidy which is
cloaked in the sacrificed selling
price."
Ten-Year Sentences
Given Two Payroll
Bandits in Colorado
Trinidad, Colo., Feb. !0. Nick
Bukavich and Nick Perelin, arrest
ed yesterday at Des Moines, N. M.,
today pleaded guilty to a charge of
highway robbery and were sen
tenced in district court to 10 to 12
years in prison.
The men were members of a
gang of three which unsuccessfully
attempted Saturday to rob an auto
mobile carrying a pay roll of $6,600.
The third man, Nick Salakovich, was
seriously wounded in a battle with
the occupants of the automobile
and is in a hospital.
The arrest of the men followed in
formation furnished the sheriff's
officers by George Salakovich,
brother of the wounded bandit.
They were taken from a train at
Des Moines. '
Engineers Plan Smoker.
At a meeting of the Omaha chap
ter, American Association of Engi
neers, last night at the Chamber of
Commerce plans for permanent lo
cation of clubrooms were discussed.
It was announced that arrangements
are being made to hold a smoker
and get-together meeting. A pro
gram of boxing and wrestling will I
be given.
Ward Line
S. S. ORIZABA
for v
SPANISH PORTS
BILBOA, SANTANDER, CORUNA
Sails From Pier Seventeen
Brooklyn, N. Y. .
February Twenty Firsi
First Cabin and Rooms de Luxe
Emigrant Passengers
For Reservation Apply to
Authorized Tifeket Agencies, or '
GENERAL OFFICES
Foot of Wall Street, New York
BAN ON LUXURIES
WOULDN'T AFFECT
EXCHANGE RATE
France Imports Few Nones
sentials From America, Di
rector of Statistics Tells
Correspondent.
Paris, Feb. 10. An absolute ban
against imports of luxury into
France from America would have
little effect on the exchange inas
much as France imports virtually
little or no luxuries from the United
States, M. Le Chevalier, director of
statistics for the ministry of com
merce declared to The Associated
Press.
"Here are the figures; see for
yourself," he said. "The figures of
the ministry of commerce show that
France during the first 11 months of
1919 imported from America goods
valued at 7,381.000,000 francs, ex
porting to the United States iu the
same period. 504.(100.(100 francs
worth. Less than 500.000,000 francs
may be termed luxuries.
American Imports.
"American imports, outaije of
cereals, which amounted t. 1)43,
000,000 francs, were: sugar, 252,
000,000 francs; cotton and wool,
1,236.000.000 francs; iron and steel,
671,000,000 francs; copper. 169,000.
000 francs; machinery, 579,000.000
francs, and automobiles and other
vehicles, 425.000,000 francs. Oil,
meat and other necessaries of life
make up the balance of imports
from America. Automobiles are tle
only item in this table which might
be stopped and unless a ban against
imports could reduce these figures
more than 1,000,000,000 francs it
would not be worth while intro
ducing it.
"The total figures on imports
show that France imported from
America. 9.243.000.000 francs in 1917
and exported 637.000.000 francs in
the same year the figures always
for the first 11 months showing a
decrease of exports from France to
America in 1919 as against 1917,
while France's army was fully mo
bilized and her industries were work
ing producing war materials' of all
kinds." ..
Asks Investigation
Of Breakdown in
The Postal Service
New York, Feb. 10. The. Mer
chants' association of New York
announces that a congressional in
vestigation of the "causes which
have brought about the breakdown
of the oostal service" has been re
quested through Senator Charles E.
Townsend, chairman of. the commit
tee on postoffices and post roads.
Numerous and continuous com
plaints as to mail delays, it was
stated, show that the postal serv
ice "is now and long has been at a
low level of efficiency in speed and
regularity of movement."
The points essential to ah ade
quate investigation by congress of
the Fostoflice department's effi
ciency are summarized in a letter to
Senator Townsend as follows:
"Reduction of railway postoffice
service, concentration of mails upon
railway trains in the smallest pos
sible space, assortment of mails in
numerous terminal stations instead
of during transit, elimination of
pneumatic tubes and the substitu
tion of automobiles for the local
transportation of mails."
Viscount Astor Takes
Seat in House of Lords
London, Feb. 10. Viscount Astor
took his seat in the house of lords
Tuesday.
Viscount Astor, who succeeded to
the seat in the house of lords of his
father, the late Viscount Astor, was
prevented on November last from
giving up the title and retaining his
seat in the house by the defeat of
the bill empowering the king to ac
cept the surrender of any peerage.
The bill, which was introduced in
commons by James Henry Thomas,
the labor leader, was inspired by the
desire of the new viscount to remain
a member of the commons. His
wife, Lady Nancy Astor, was elected
to commons to succeed him.
Improvement Club
Scores Council for -Street
Paving Neglect
Strong protest against the neglect
of the city council to proceed with
the paving of Ninth street from
Bancroft to Spring was made at a
meeting last night of the Southeast
Improvement and Social center held
at Bancroft school, Seventh and
Bancroft streets. It was stated that
the street already is graded, and that
the grading is washing away for
lack o the paving, the neglect be
ing alleged to be due to the fact
that the council has no "intersec
tion" funds on hand.' There is only
one intersection, however, in the
proposed paving, it is saia, and that
one is a small alley.
Thee lub will give a musicalc
March 9. Addresses were made by
Messrs. Smith and Hoit with re
spect to the club's organizing a Boy
Scout company. 1
Mercantile Corporation
Capitalized at Millions
Comprises 1 ,600 Stores
Richmond, Va., 'Feb. 10.- Forma
tion of a great mercantile corpora
tion, planned to be capitalized at
$750,000, was announced here by of
ficers of the Southern Wholesale
Dry Goods association. The new
combination is said to halve pur
chased within the past few weeks
approximately 1.600 stores.
Holdings of the corporation were
announced by Southern Wholesale
Dry Goods association officials as
including the Montgomery-Ward
company, the United Candy com
pany and the Marlcr-Dalton-Gilmcr
company.
George J. Whelan of the United
Cigar stores and the United Retail
Stores corporation of New York
and James B. Duke of the Anicri
can Tobacco company are said to
be backers of the new corporation,
for which an application for charter
with an initial capitalization of $60,
000,000 has been filed in Delaware.
Ticket Sale Opens Today for
Symphony Orchestra Concert
The ticket sale for the Minneap
olis Symphony orchestra concert at
the Auditorium next Wednesday
night under the direction of Henry
Cox will open at the Auditorium
box office this morning. The mail
orders have been unusually heavy.
Mr. Cox has so arranged the Au
ditorium that the entire balcony will
be unreserved, only the lower floor
being reserved.
Cosgrove Arrested as
Suspect in Robbery
James Cosgrove and C. A. Hogan,
1808 Grace street, were arrested last
night and booked for investigation
in connection with the robbery of
the Sinclair Oil company's ware
house early Monday morning.
North American Co.
Re-Elects Officers
At Annual Meeting
The annual meeting of the North
American Hotel Co., an Iowa cor
poration, was held in Council Bluffs
yesterday afternoon. Practically all
the stock, approximating $3,400,000,
was represented by the 150 stock
holders present. It was intimated
that the stage was set for some
pyrotechnics, but the conservative
element dominated and carried out
the plans, which included the retir
ing of all common stock and mak
ing all preferred stockholders voting
members of the corporation. All
the old directors were re-elected arid
instructed to continue in office for
another year all of the old officers.
The meeting followed a dinner at
the Blackstone, and the 150 stock
holders crossed the river in a bunch.
The financial report showed the
company in better shape than gen
erally was believed.
was named In press dispatches $
one of the victims of the attack
made on an American relief train by
Turkish outlaws near Aleppo, Syria.
Dr. Johnson has received no word
concerning the death of his brother
except that contained in the press
dispatches. The doctor himself is
just recovering from a severe attack
of influenza.
Omaha Doctor Tries to Get
Report On Brother's Death
Dr. Aldis A. Johnson, 3707 Lincoln
boulevard, is in communication with
Red Cross and Y. M. C. A. officials
in an effort to secure detailed in
formation concerning the reported
death of his brother, Frank L.
Johnson, Y. M. C. A. worker, who
Ky LSVZCIIO JLXJ a. youn? man who prac
ticed medicine in Pennsyl
vania became famous and
was called in consultation
in many towns and cities
rJjT -fmW because of his success in the
r-JJH n M if treatment of disease. He
ffs f ! -finally made up his to
Otf fcrnJ'fD J: place some of his treat
ments before the entire
United States and, moving
to Buffalo, he put up what
he called his Favorite Pre
scription, and placed it)
with the druggists in every
state in the Union.
That was fifty years ago
this winter. For fifty years
this Favorite Prescription
of Dr. Pierce has sold more
largely throughout the
United States than any other medicine of like character. It's the
testimony of thousands of women that it has benefited or entirely
eradicated such distressing ailments as women are prone to.
For over fifty years some of Dr. Pierce's home medicines have
been selling over the drug counters, so that more than forty-eight
million bottles have been sold during that time. This speaks well for
the reliability and value of Dr. Pierce's standard home remedies. Dr.
Pierce's Golden Medical Discovery is a blood tonic and strength
builder which contains no alcohol, yet has tonic qualities that have
endeared it to the American public. Dr. Pierce's Pleasant Pellets,
composed of May-apple, aloes and jalap, have long been considered
the best vegetable laxative, in the same way that Dr. Pierce's Favor
ite Prescription has long been known as the best tonic for diseases
peculiar to womankind. More recently that wonderful discovery of
Dr. Pierce's namely, Anuric (anti-uric-acid), has been successfully
used by many thousands of people whof write Dr,. Pierce in unquali
fied terms of the benefits received that their backache and other
symptoms of kidney trouble have been completely conquered by
the use of Anuric.
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I Here Is ttie Most Fertile Spot
I In Which to Plant Yoor
3 ,
You have fifty years of success back of the stock you purchase
in our company. Who can offer better security?
Capital
MURPHY BED
Andrew Murphy & Son Forging Ahead
THE LARGEST DISTRIBUTORS OF MOTOR TRUCKS IN THE WORLD
In line with their wonderful progress the company
is leading in the sale of securities. At a meeting of
the, board of directors on Wednesday, January 14,
1920, a quarterly dividend ''was declared to all pre
ferred stockholders of record December 31st, 1919.
There is 50 years of success back of the investment.
Our business for December, 1919, was doubie that
of any December in our history.
Would you like to make an investment which is now
earning good returns, paid to you quarterly one
that passed the speculative period years ago that
combines profitable returns with safety? If so, act
quickly. We are endeavoring to distribute this issue
in the territory of 110 of our dealers, and at the rate
subscriptions are coming in, the present issue will
be greatly oversubscribed. To avoid being disap
pointed, send in the coupon below now.
If You Had Purchased $1,000 of Our Stock in 1911, It Would Be Worth $7,000 Today
We Offer for Subscription the Unsold Portion of
$2,000,000 8' PREFERRED CUMULATIVE
Fully Participating Voting Stock, Par Value $100; Present Selling Price $100
$500,000 COMMON STOCK
The Commercial Body business is getting to
be a tremendous industry. Owing to the lack
of space we are forced to turn away business in
this department every week. A large factory
building will be erected on a site soon to be an
nounced. Other departments include wholesale
distribution of Firestone Truck Tires and Rims
and Motor Truck Parts. All of these depart
ments have been highly profitable.
Andrew Murphy & Son, Inc., of Omaha,
Nebraska, has received permit No. 656 from the
Bureau of Securities, Department of Trade and
Commerce of the state of Nebraska, authoriz
ing the sale of securities described in accord
ance with Article XX, Chapter 190, Session
Laws of 1919, and the General Laws of the state
of Nebraska.
Invest your idle capital in Omaha's most
progressive industry. Help Omaha grow,
and grow with Omaha. Here is the
most fertile spot to plant your capital.
Andrew Murphy & Son, Incorporated, has
earned the honor of that title through sound,
energetic, honest business dealing; a continua
tion of the principles for which the firm has be
come noted during its half century of existence."
That title means something!
Wrhen a person stops to think that an Omaha
firm distributes MORE trucks than any other
firm in the entire world, the size of its business
may be appreciated. And yet the business of
Andrew Murphy & SonIncorporated, is in its
infancy. This is the richest territory on the
globe. It must have more and more trucks. The
growth of the next ten years will DWARF that
of the pat cen.
So rapid and tremendous has been the
growth of this already giant business that we
have been utterly unable to keep pace with it
in the way of providing building room for its
use. We MUST have ample room, and at once.
This Coupon Brings You
Information in Detail
COUPON
ANDREW MURPHY & SON, Inc.
Financial Department,
640 First National Bank Bldg.,
Omaha, Nebraska.
Gentlemen: I would be pleased to
have further information relative to
stock in your company. If interested I
might invest $
Name
Occupation .
Address. .
MliWllB'MMdIIIIHffilBIIMIlM'M
i
V.