Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 09, 1921, Page 14, Image 14
14 A THE OMAHA SUNDAY BEE: JANUARY 9, 1921. Spenders Caused Liberties' Slump, Prof. Fogg Sends Out Letter on 'Think Shop Prof. M. M. 1 (!. . :as srnt out f lc TT A lhh annual newj Utter of the Uni- JlOUSt OH ASSertS !v'V of Nebraska Intercollegiate 1 lrDaie seminary iu nic itt mnu i hers. 20 of whom are in Omaha. The X ttnnirht Honda on Patriotic Ira-' 1,,ter comprises 10,000 words of 1920 IJOUgill OOnOS OH rainouc Jiu . bioKraphicai news an(j various sta tistical information from the Think Shop" covering the 20 years since Omaha members of the debaters alumni association are J. E. Bednar, F. C. Builta, M. L. Corey, D. G. F. ldredge, Benjamin Harrison, R. C Hunter. G. C. Kiddoo, VV. R. King, G. A. Lee, Frank A. Peterson. II. V. Potter, Anan Raymond, J. Dean Ringer, C. A. Sunderlin, C. H. Tay lor, G. M. Tunison, R. A. Van Orsdel, J. T. Votava, J. O. Went worth and R. A. Smith of Council Bluffs. milse and Sold 'Em for Spending Money Invest ors Bought Them. Washington, Jan. 8. Most of the buyers of liberty bonds were pa triots and "free spenders." As distin guished from so-called investors, '"free spenders" bought up the bonds and used them later as so much spending money. The patriotic ele ment who have thus parted with their securities have seen them go into hands of investors who have secured a big "bargain" and are due to reap enormous gains in the predicted rise in government bonds of the various issues: .. Secretary of the Treasury Uayid F. Houston gave this view today, dis cussing liberty bond depreciation and the reasons for the slump in the value of the various issues. Spending Freely. "People generally have been spend ing money freely and saving too lit tle," said Houston. "There has not been sufficient capital accumulated to overcome the pressure upon the mar ket from those who bought bonds as patriots, but not as investors." Secretary Houston explained that 1 7 liberty bonds, like other bonds, are subject to market influences, includ ing the law of supply and demand. "Liberty bond quotations have de clined because the great investing public failed to save in proportion to the enormous expenditures of capital during and since the war. Rise Indicated. "Many patriotic ' people bought bonds under the Impulse of pf patrio tism. Since the war was over they have been unwilling to continue to V lend money to the government, and Jtave furced their holding on the market more rapidly . than others could save funds to invest, with con sequent depreciation in market prices. The treasury Is firm in the opinion that holders of liberty . bonds who do not part with their bonds, will 1 not have occosion . to regret it, and -'will not suffer by reason of present "depreciation. There are indications f a steady rise n the near future." Omahan on Bodv For Chinese Relief Beauty Pays Toll Of Millions in Taxes to U. S. Buyers of Cosmetics, Rouge, , Toilet Waters, Sweet Scent ed Soaps, Etc., Contrib ute in War Taxes. Washington, Jan. 8. Beauty paid a heavy toll in war tax to Uncle Sam last year. But beauty also was heavily robbed. The government also lost in the process. Losse tax laws were to blame. The treasury today estimated that the fair sex paid many millions of dollars, in addition to the purchase price, in stamp taxes which never reached the treasury. War taxes on beauty preparations under present laws are collected by the dealer. Buyers of perfumes, toi let waters, sweet scented soaps, rouge and other cosmetics thought the added charge imposed for taxes all went to help pay for the war. They were mistaken to the tune of more than $25,000,000, treasury ex perts said. This they compute as the sum dealers failed to turn in, and loosely drawn tax laws make it virtually impossible to trace the of fenders. Secretary of the Treasur Houston recommends to congress that this he changed. He urged that manu facturers of cosmetics, medical pre parations and other similar "luxury" items be compelled, under revised tax laws, to pay . the tax and affix the stamps before shipment. This will stop the payment of the tax on the individual sale. The government j will collect the tax from manufac turers, producers or importers.' Secretary Houston said only $50, 000,000, in revenue taxes was col lected from this source last year. He estimates it should have netted the government probably double that sum. Revised laws to be drawn by congress, he said, should definitely fix the manufacturers' liability and make evasion of the law impossible. The public pays in the end all of this tax, but more rigid check on manu facturers will assure that such tax payments will, reach the treasury. Clearing House Statement Shows a Healthy Reserve New York, Jan. 8. The actual condition of clearing house banks and trust companies for the week shows that they hold $9,131,530 reserve in excess of legal requirements. This is a decrease of $1,912,350 from last week. ADV1EBT1SEMKNT. SL SWEAR OFF 1 . TOM "No-To-Bac" has helped thousands to break the costly, nerve-shattering tobacco habit. Whenever you have f. longing for a cigarette, cigar, pipe, or lor a chew, just place a harmless No-To-Bac tablet in your mouth in stead, to help relieve that awful de sire. Shortly the habit may be com pletely broken, and you are better off mentally, physically, financially. It's so easy, so simple. Get a box of No-To-Bac and if it doesn't release you from all craving for tobacco in any form, your druggist will refund your money without question. President Wilson Names Ward M. Burgess National Committeeman. ' President Vbo4row Wilson has appointed Ward M. Burgess , of Omaha, as one of the members of the national committee for the relief of famine-stricken China. Thomas W. Lamont of J. P. Morgan & Co., is chairman of the committee. Mr. Burgess has accepted the appoint ment and is awiting word from Mr. Lamont as to the procedure to be followed. He said today: :' - "As pointed out by President Wilson in his statement of Decem ber 30, conditions in China are ap palling. It is believed that despite the most earnest efforts, between 20.000,000 and 30,000,000 of people will perish there before the next harvest can be reaped. "For nearly two years no rain has fallen in a wide area, and so des perate are conditions that even the bark of the trees has been consumed for food. Entire families are re ported to be drowning themselves to escape torture, and many instances are reported where " starvation has , forced the people fa their despera tion actually to resort to canntbal "iwn. "There is great need for haste, beeause despite the most frantic ef forts which can be made, water transportation will soon be closed by freezing weather. This means that it will be impossible to reach certain districts where millions are doomed to starve. "I am not yet informed as to the plans of the national committee, but I am sure the response will be prompt and generous." Women's Societies Sponsor Boys Home Benefit Ball Miss Claire Helene Woodward has been named chairman of the patronesses ticket committee for the ball to be given Wednesday evening, January 19, at the Auditorium, for the benefit of Father Flanagan's Home for Boys. William P. Lynch is general chair man and the Daughters of Isabella are in charge of the ticket sale, as sisted by the newly organized Moth , ers guild, of which Miss Massie Riley is president Admission will be $1. A minstrel show by the boys of the home will precede the ball. Bert and Mite Tierney In Leavenworth Prison Bert and Mike Tierney, brothers, sentenced last Tuesday in federal court to three years in prison, be gan their tirms yesterday in the fed eral prison at Leavenworth, Kan. Deputy United States Marshal W. A. Morgan took both youths to Leaven worth yesterday. The vouths pleaded guilty to the theft of inter state shipments. . Jesse Bean, eolored, convicted of the theft of one pint of alcohol from a railroad car, was also taken to the federal prison to serve a term of 18 months. Former Omaha Business Man Dies in Los Angeles Edmund Peycke, 67, formerly a member of the firm of Peycke Bros, and for nearly 30 years in the com mission business in Omaha, died of heart disease in Los Angeles, accord- ing to a telegram received by his neice, Mrs. Arthur F. Smith. 3910 Dewey avenue. Mr. Peycke moved from Omaha to Kansas City m 1900 and had made , Ms home .'in Los Angeles for a num ber of years. He is survived- by one brother, two sons and one daughter. Bee Want Ads Are Best Business ficttcrj,' J tanu&ry Sales I Surpassing Bargain Interest in AM departments Now Ready for You February McCall Patterns The Magazines and Style Sheets at Pattern Dept. Main Floor mjAYBEN' J LJ L THE CASH STORE Truly Remarkable Values in Furnishings and Rugs Make our January . Sale a most interesting event for the home furnisher. YOUR UNRESTRICTED CHOICE OF OUR ENTIRE WINTER STOCK OF MEN'S AND YOUNG MEN'S SUITS AND OVERCOATS Hart Shaf f ner ana Marx $ and Other High Grade Makes Garments that sold regularly up to $90, while they last, at one price to secure com plete clearance. Overcoats up to size 38 only All New, Clean, Fall and Winter 1920-1921 Stock 9J7J No C. 0. D's No Alterations No Lay Aways OUT GO THE WINTER COATS, SUITS, DRESSES, FURS January Clearance of Women's Apparel at prices which make this sale one of the greatest value-giving events in the ' , entire history of this big store. In Our u ' We Mention a Few Notable; Specials for Monday A Sale of A Sale of SUITS f Sold Regularly at $35.00 to $45.00 $ 17a Your Choice of 100 Elegant Suits in Serges, Velours, Silver tones, etc. Seldom at any place in any season have values their cqual'been offered. As quantity is limited, we advise early buy ing at our January , Sale Price $17.50 All Our Fine Furs Coats, Scarfs. Sets, Muffs and Stoles at Greatly Reduced Prices 1 BLOUSES 700 Georgette ' Crepe Blouses, in all colors, styles and sizes, that were made to sell at $5.00, $6.00 and $7.00, Monday ....$3.98 Tour Choice' of Any Ladies', Misses' or Childs' Sweater In the House At HALF-PRICE ( $3.98 Sweaters . $5.00 Sweaters $6.50 Sweaters $7.50 Sweaters . $8.95 Sweaters . $10.00 Sweaters $12.50 Sweaters $15.00 Sweaters $19.50 Sweaters ...$1.99 ..$2.50 ...$3.25 ...$3.75 ...84.45 ..$5.00 ..$6.25 ...$7.50 ..$9.75 COATS Priced Regularly Up to $49.00 at 19 Hundreds of elegant Cloth and Plush Coats in a big assortment of the Season's ( most desirable modes, elegantly lined, the cloth coats in all colors, and in all lengths for misses, women and stylish stouts. Unquestionably the season's most extraordinary coat values at our January Clear ing Price $19.50 10 auaen Black Heatherbloom Petti coats with silk flounces, $3.00 values $1.50 20 dozen Bungalow Aprons, $3.00 values $1.50 10 dozen Dix's Make House Dresses, $0.00 and $6.00 Values, Monday $3.00 Household Linens A special offering Monday o'f many choice Linen Pattern Cloths, also odd Napkins. These have been soiled somewhat in handling and the Price reductions, which we make for quick selling afford a means of saving from 30 to 45. All linen Pattern Cloths, sizes 2x2, now $7.50 All Linen Pattern Cloths, sizes 2x2, now .....$12.50 All Linen Pattern Cloths, sizes 2x2y2, now ........ : $12.00 All Linen Pattern Cloths, sizes 90x90, now ...$12.50 All Linen 27-in Dinner Napkins, now. .$12.50 Union Linen Pattern Cloths, sizes 2x2, now $5.50 Union Linen Napkins to match, 22 in.. .$5.50 Wool Dress Goods Marked for Quick Clear - ance At About Half ' Regular Prices. 56-inch Men's Wear Serge, 50 and 56-inch French Serge, 50-inch Tricotine, 56-inch Poplin, in all the -wanted colors, have been sellingv'from $3.50 to $5.00 per yard, special clearance price $2.48 Yard Silk and Velvets , $3.75 36-inch Satin Duchess $1.98 Brown, Black, Taupe and Gray $4.00 36-in. All Silk Satin Goetz $2.45 White, Lavender, Duck, African, Hunter's, Light Navy, Navy, Midnight, Pearl, Grey, Taupe, Bark, Artillery, Liberty,' Purple, Plum, Black, Prune, Grape $3.75 27-in. Costume Velvets $2.49 Brown, Black, Navy, Beaver, Wine, Taupe $5.00 36-in. Costume Velvets $2.98 Black, , African, Navy, Taupe $6.00 36-in. Costume Velvets $3.75 Imported . Black, Navy, Plum, Brown, Taupe, Wine, Henna, Copen $8.00 44-in. Costume Velvets $4.50 Browny Black, Taupe,' Navy, Wine, Plum, Myrtle $9.50 42-in. All Silk Chiffon Velvet $7.98 .Black, Navy, Taupe, Beaver Hayden's Make the Prices for the People. Not Controlled by a Trust, Organization or Combination. Quality U-ooas ai me xugui riitc. It lbs. But Pur Granulated Sugar Wo 41-lb. ,ack BMt High Grad Flour I!. 38 24 -lb. tack Fur Ry, or Ry Graham Flour t lb. Beit Whit er meal Tllow Corn-...Mc I lb. But Rolled Whit Breakfast Oatmeal tic lb. But No. 1 Hand Picked Navy Baas ...2110 I lb. Fancy Japan Rtoa J5o Gallon Can Geldan TabI Syrup ..7So Egg Noodle, pkg Vfc No. 1 can Early Jun Pea. Fancy Sweet Sugar Corn, or Solid Packed Tomato, can : Me 11-ox. can Snider Pork and Bean .... 'Vx 11-ox. can Snider Tomato Soup 10e lS-oz. can' Elkhorn Milk lt H-oz. can Pet. Carnation, or VllMn Milk He Karoo Assorted Soup, can ........10e Jello for XXmert, pkg. 11 Taast Foam, pkg. 1W TEA AND COFFEE SPECIALS Fancy Golden Santo CoYfe, lb..,! Our Famous Santo Blend Coffee, lb. ' M. A J. Blend, an excellent drink, lb. ' Our Famoua Ankola Blend, lb Hie 8reakfat Cocoa., per lb. 1S Ik But Tea Sifting, lb 17e Cholc Pan Fired Japan Tea, lb.. 35c Fancy Spider tg Japan, Enirllih Brekfat. Ceylon, Oolong and Gun . powder tea, lb SfM THK IR1F.I FRCTT AND NUT DKFAKTMKAT ur uauuu Fancy Crown Muer&tel Ralln, lb 30 Fancy Thompson' Seedle Raliln. lb. at Fancy Mulr Peach, lb Fancy Evaporated Apple, lb Oc Fancy California Cooking Fig, lb tOc Choice California Prune, lb UHc Fancy f0-0 Prune, lb lflc Fancy 40-00 lw Prune, lb ll',4 New Honey, jack t 303 Fancy Imported Fig, T Crown, lb 3o 4 lb. Popcorn ninclc WRlnuta. lb Ire Freeh Routed Peanut, lb. llfte THE VEGETABLE ANT) FRUIT MARKET OF OMAHA Freeh Southern Beet. Carrot. BhaloU or Kadlsbea, bunch 1rc Freeh Parsley, bunch fte Fancy Cauliflower, lb 1740 Fancy Head Lttuc. lb. 10c Fancy RtrlngBeana. lb 30c Large Soup Hunches, lb 4c Fancy Solid Cabbage, lb. V4 16 Iba. Beet No. 1 Coo . Ing Totatoe 3Vo 3 el ib Grape Fruit, each ljo Special Orange Bale, regular JBc 60c. IOC 40c dosen Sal Price SOe, BOc 40c. (Bo dosen. V s Outfitting ( COMPANY 3, E. COtt. 6tH A. JACKSON &TS January Clearance Of Living Room and Dining Room FURNITURE -hi t ' Mb A Few of the Many Values $32.50 Oak Dininpr Tables '. 819.75 $89.50 Walnut Dining1 Tables.. $54.50 $54.50 Solid Oak Buffets S27.50 $132.50 Solid Oak Buffets S72.50 $185.00 Mahogany Buffets $92.50 $157.00 Walnut Buffets are $89.50 $17.50 Walnut Dining Chairs $9.75 $450.00 Mahogany Dining Suite $295.00 $17.50 Oak Dining Chairs at $9.75 $3.50 Oak Dining Chairs are $1.95 $750.00 Dining Room Suite $475.00 $89.50 Kroehler Duofolds i $52.50 $22.50 Oak Library Tables $13.75 $59.D0 Davenport Tables at , '. $37.50 $9.75 Oak Fern Stands are $6.95 $24.50 Solid Oak Rockers $14.95 $395.00 Cane Living Room Suite $212.50 $25.00 Mahogany Tapestry Rockers ..$13.75 $17.50 Oak Piano Benches.. .$9.75 $74.50 Mahogany Library Table , $36.50 $29.50 Mahogany Floor Lamps $15.50 $195.00 Overstuffed Davenport $97.50 111 SS5H lj:. i-S V t Special Sale and Demonstration of the Splendid Baking Results With a "Howard" Factory Expert in Charge of Exhibit Come to this remarkable demonstration and let a stove expert show you how to get better baking results with less fuel, less time, less work and worry. This is a rare opportunity to see the nationally advertised Howard Ranges and Heaters in action demonstrated by a man who knows stoves and the economy of right methods in cooking and heating as few do. Note These Few Points About Howard Stoves cut big corner off the fuel bill at least One-Third. range hold fire over night and heat an additional room with the fuel that doe the cooking and baking. Oven heat quickly and evenly no need to turn the baking. no worry over coal shortage burn any kind of fuel. heater have two air-tight draft of intense efficiency that regu late and control the air entering a stove. Aunt Jemima (Herself) Is Here Servin? a FREE LUNCHEON When downtown shopping drop in for a dainty luncheon of "Aunt Jemima" Pan cakes and "Butter Nut" Coffee. It is ab solutely free of charge. Bring the chil dren, too. 4ms y "I'm ib Uwi, Howard Range Given Away Friday Eve. 36x72-inch Axminster Rugs in good designs in dQ f" January Clearance. P 7 1 J 7-6x9 Tapestry, Brussels Rugs in January JJOQ QE Clearance Sale at P0 VJ Beautiful 9x12 Tapestry Brus sels Rugs, in January Clear ance Sal $37.50 Entire Stocks Rugs At January Clearance Sale Prices Handsome Axminster Rugs in 8-3x10-6 sizes, in CA p-xsj Clearance Sale.. Axminster Rugs in 9x12 sizes, beautiful patterns on sale at . . 9x12 Seamless Wilton Velvet Rugs In exclusive d'70 QC patterns, at P -ei7J $52.50 It Pay. TRY HAYDEN'S FIRST It Pays 1 1 h ,00000000000000X000000000000 . )r ,. av V -. ..