Omaha daily bee. (Omaha [Neb.]) 187?-1922, November 03, 1921, Page 8, Image 8

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THE BEE: OMAHA. THURSDAY, NOVEMBER 3. 1021.
TheOmaha Bee
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The BeeTt Platform
1. New Uatoa rasseafor Static.
2. CbJpJ kprfeeat of the) Ne
braska Highways. lacluJiag lh pave
at of Mala Thoroughfares leading
iato Omaha with Brick Surface.
3. A short, low-rete Waterway from (ha
Cora Bait te tha Atlantis Ocean.
4. Horn Rule Charlar for Omaha, with
City Manager form ef Goverameat.
Com Versus Coal as Fuel.
Normal minds revolt at the thought of uing
corn ( fuel; especially at a time when there it
to much of distress and suffering In the world
because of shortage of food in widely scattered
regions. The situation is the most direct chal
lenge to our civilization that could be presented.
A vexatious complication is that in Nebraska,
for example, where an abundance of food exists,
the price of fuel is so high that farmeri are com
pelled to burn corn because they can not afford
to buy coal.
A distinct appearance of injustice may be
noted in the fact that so many in discussing the
matter smugly say, "Oh, well, the farmer is In
liard luck, but he must, expect to take a loss."
It is rather difficult to understand why the
farmer should be expected to produce food at a
loss, while the coal operator must be assured of
a profit on hi output. Waiving that point, how
ever, we come again to the remarkable effect of
the effort to Insure the railroads a compensatory
return on capital invested. This is manifest in
the increased cost of what the farmer has to buy,
and the lessened price, to him, at least, of all he
has to sell. It is impossible for the farmer, or
anyone else, to stand up under this double im
position. In discussing the price of coal, an important
fact must be kept in mind. Coal differs from
corn in that it varies both in quality and price.
Arbitrary comparisons do not always tell the
whole story, and when the price of coal is being
discussed consideration must be given to its point
of origin and the use to which it is to be put.
Taking corn at Chicago and coal in the Pitts
burgh (Pa.) district as basic, in October, 1913,
two bushels of corn would pay for one ton of
Coal at the mine; in October, 1921, the ratio had
been advanced. to five bushels of corn for one
ton of coal. On the basis of the farm price for
corn in Nebraska quoted by the government for
October 1, 1921, eight bushels of corn are needed
to pay for one ton of coal at the Pennsylvania
mine. By the time the coal gets to Nebraska,
the ratio has gone up to where three tons of
corn are required to buy one ton of coal Ear
corn and soft coat are nearly equal in bushels
per ton, being 28 of the first and 25 of the latter.
. Only a disjointed transportation service could
produce such glaring inequalities. ' While it is
unreasonable to expect that a ton of Nebraska
corn 'can be exchanged for coal in equal quan
tity, on the basis of farm and mine valuation,
tome adjustment should be made that would give
both the farmer and the miner a square deal
Such is not the case now, and until the exchange
of food for fuel can be made on a more nearly
equal basis the producers are at a disadvantage.
The Voice of the Legion
Through its national delegate assembly at
Kansas City, the American Legion has once more
addressed itself to the people of the United
States. In general terms, it has but reaffirmed
ts previously announced principles, in which are
unbodied a lofty patriotism, a steadfast and un
swerving devotion to American ideals and a firm
resolve to uphold its concept of duty to the gov
ernment. Of most interest to the membership,
and perhaps to the public, is the renewed de
mand for the passage of the bonus bill. This is
made after due consideration is given to the
reasons advanced by the president in his request
to the senate that the measure be postponed.
Debs will remain in prison till hit sentence hat
expired, if the legion has its way; the English
language alone will be used in the common
schools of the country, and teachers will be
asked to take an oath of allegiance'; closer
scrutiny of immigrants, that radicals may be ex
cluded is asked, and more watchfulness of those
already here is recommended. Slackers should
be punished, says the legion, and Bergdoll ought
to be pursued until brought to book. These are
the dominant sentiments of a representative
group of young men, whose influence on the
course of public affairs is certain to extend as
days go on. For this, if for no other reason, the
xpressions will compel consideration.
; ... No Place Like Home.
7. Perhaps juvenile delinquency is not increas
ing. It may be as the American Prison asso
ciation declares, that the new generation is no
worse than former ones, A good many mis
demeanors and downright crimes never used to
get on the court records. Justice in those days
cut a switch from the back yard tree, and the
woodshed was turned into a, reformatory,
. If Huckleberry Finn and Tom Sawyer were
boys today half their ventures would have been
frustrated by truancy officers. If they persisted
hi carrying out the other half of their exploits,
they would have been constant attendants in
Juvenile court and probsbly would hare been
domiciled in a corrective institution until they
reached the age of 21.
A prison authority announces his firm con
viction that there must be an immediate resump
tion of parental responsibility if juvenile delin
quency is to be reduced. Huck was allowed to
rua wild because his father was a reprobate and
his mother was dead. Today children are al
Ittwed to run the streets, to gather, ia gun nj
19 wander dowa town, not because they art
orphaned or their parents art reprobates, but
merely from abicnct of all moral and physical
control in the home. Too many duties that used
to belong to the family art being thrust on the
church, the school, and the government.
, Roosting and Nesting.
Nebraska City it entitled to boast if 60 per
cent of its working people own the hornet in
which they live. Compart this record with that
of New York, where only one family in eight
ownt its dwelling, and one of the greatest
advantages of living awsy from the congested
centers it plain.
In Great Britain and other old countries, the
land on which the great cities stand is owned
by a few families. Wage earners in London or
Glasgow have absolutely no opportunity to be
come property holders. New York City is like
that, and teeing . no way to free itself from
tenancy, finds comforters who tay that the con
dition It quite natural and really doesn't make
any difference.
"It it the family which constitute! the home,
not the dwelling," tayt the Sun, "and a two
room flat on the tenth floor of a tenement house
may be termed to at correctly at the old coun
try farm house."
The editor will find little support for this
theory in Nebraska City. A green lawn, a house
set back from the street and apart from itt
neighbors meant home out here, and not just
any place one hangs his hat. The implication
that New York loves itt landlords it not borne
out by the facts. There is more unrest and
rebellion against society in the metropolis to the
square foot than there is in all of Nebraska City.
Americanization has been give'n many defini
tions, but there is one fundamental, that every
citizen must have a real stake in the country.
Four walls and a roof do not make a home, nor
does a title deed alone, that is true. But for
security, contentment and the sense of inde
pendence which every Americsn likes to feel,
there it nothing contributes more than home
ownenhlp.
Democratic Party's New Pilot.
While it it true that nothing tucceedt like
success, it it true also that nothing fail tit.
failure. When the leader of a forlorn hope sur
vivet the wreckage of defeat, he. may expect to
face a court-martial, and loss of leadership at
least. Thlt fate has overtaken Chairman White,
who assumed direction of the democratic na
tional committee at a time when its prospects
were never so hopeless. The outcome of the
general election was made certain by the record
ot tne party, and White went to anticipated de
feat. Following a precedent old as the ages, his
leadership is forfeit, and Judge Cordell Hull of
l ennessee is called upon to carry on during the
interim. Whether he will survive the next demo
cratic national convention is yet to be determined,
but the record presupposes that his service will
terminate when he has turned the gavel over to
tne temporary chairman. Judge Hull is unusually
well equipped for" the olace. which came to him
only after a little piece of "inside" politics had
failed to work. He is a democrat full of en
thusiasm for the ideals of his party, experienced
on the bench and in congress, where he distin
guished himself as a member of the ways and
means committee of 4he house. These qualifica
tions are enhanced bv a charm of manner that
must make of the new chairman a very popular
figure nationally as he becomes better known.
If all the things done by the committee were as
worthy as its selection of a chairman, there
would be no ground for the proposal made by
"JImham" Lewis that it be disbanded and its'
functions turned back to the party at large.
From Flanders' Fields.
The visit to Omaha of Lieut Gen. Baron
Alphonse de Jaques turns thoughts back to those
a tuguo. uaa uuw .cicji years pail wnen me
German armies sweot into Belgium.' Honetet1v
outnumbered, it wat his regiment that clashed
with the invadert at Vise. Then holding the rank
of colonel, he led hit soldiers in person in a
teries of bloody battles. They were at the de
fense of Liege and suffered heavily, Everyone
remembers how the dikes were opened and the
retreat to the Yser carried out, and the glorious
defense of Dixmude is far frojn forgotten.
Though twice wounded Colonel Jaques re
fused to quit his post there and clung to the
bridgehead, though the town soon became a heap
of shattered and burning ruins. In the drive
that ended the war, as leader of the "Iron
brigade," he won back Flanders ridge.
He comes as no stranger, then, to Omaha.
The whirl of the airplanes at the International
Aero congress may remind him of the desperate
days of the war when enemies scouted overhead
and bombs fell from the skiet. He understands
no English, but Omaha will make him feel the
welcome that is his and the admiration in which
his nation is held.
The cost of producing winter wheat in 1920
averaged $1.80 a bushel, according to a guess by
the Department of Agriculture, whicli finds this
only 7 cents cheaper than in 1919. On
216 farms surveyed, the range of costs was found
to be from $1.20 to $2.50 per bushel. . If this con
dition prevailed in any other line of industry,
how many would be able or willing to stick
in it?
Foch, the Warrior
Guest of the Nation and
What He Stands For.
Apropos of General Foch's pipe, it may be
mentioned that the world's championship has
been awarded to a Frenchman who smoked a
pipeful of tobacco for 58 minutes without re
lighting. And a Pole has made the speed record
of three minutes one and two-fifths seconds for
a cigar. Tobacco consumption, regarded here
as habit or vice, appears to be an art over there.
aaaaaaaaamaaamaaaaaaaamae
If China ia as rich in resources as is claimed,
when its people get to work producing on an
Occidental scale, the world may be flooded with
cheap goods; then the yellow peril will take on
new terrors.
South Dakota is indeed a young folks' coun
try: the census reports more than a third of the
people are under 15 years of age, and only a
little more than half the population is old enough
to vote.
Some idea of the productiveness of America
is given by the statement that the manufactures
of New York City alone are valued at more
than $5,000,000,000 annually.
Add to the list of light occupations: Being
bgptotc to lot iiog si Siam.
(Ferdinand Tuoby In New York World.)
By one of those fantastic accidents of for
tune, America and Americans, when they greet
Marshal Fuili, will be acclaiming the one man
above all others in Europe most set sgainst what
has come, rightly or wrongly, to be regarded as
the new doctrine of Internationalism. Jutt what
this doctrine it it would be difficult to compress
into few words. Let us say that it is a nervous
groping ahead and away from the nineteenth cen
tury, from frontiers and treaties and all the ret,
a desire to try out new schemes for old, a peri
lous doctrine, whose protagonists break virgin
toil at every step, and one in which mast ignor
ance it apt to make distressing inroads upon the
idealism dominating the whole.
Of course, in a few well-turned phrases, and
In which Lafayette and Chateau-Thierry will fig
ure prominently, the marshal will be able com
pletely to win over hit immediate rcportorial au
dience and tubsequently the larger audicence
awaiting him in the background. He will talk
of the two great pioneer republics of the world
and yet it is extremely doubtful if he it a
republican at heart he will salute the beau geste
of April 6, 1917, "which saved France and civ
ilization," and he will express the most fervent
hope for the peace of the world and for the suc
cess of the Armament conference. And then he
will proceed with hit lifc't task of advancing
France't frontier to the Rhine.
Not a word of thit it written in impertinent
disparagement of the greatest figure of glamour
and romance which has come out of the east
since the foundation of the United States, of
the loftiest personage Europe has produced tince
Napoleon.
Bismarck, Moltke, Cavour, Disraeli, Gari
baldi, Hindenburg, Clemenceau, Lloyd George
none are quite up to Foch; indeed possibly the
only one to compete with him historically may
well be the slaving Titan of the Kremlin. It is
entirely meet and proper that America should
cheer the allied generalissimo to the echo, as it
most assuredly will do. But it is equally meet
and proper to stress the divergence, the fissure,
existing between the world concept of the gallant
marshal and that obtaining in myriad American
homes.
Foch is of the ancient regime. Glorious and
triumphant in war, he doesn't believe in turning
guns into plowshares in peace. And he may be
right. He docs not believe that the world has
yet reached the era of tolerance and good will.
He believes that a long-drawn-out period of au
thority has got to be inserted into the turn of
events before man can ever begin to realize his
responsibilities toward his neighbor, and he sees
as the one means of assuring the rule of that
authority the sword. Not being rattled in' its
scabbard as in the par', but reposing sharpened
within, Damoclian reminder for those who would
run wild. Perhaps if we inquire into what man
ner of man Foch is, this guiding principle of his
may be more readily understood. The first
thing that strikes you about him is his devout
ness. He goes to mass every morning, and
never misses a chance to forward the clerical
cause in France. The Catholic renaissance that
has set in in France since the armistice is al
most entirely of his making. It began with the
apparently innocent decision of the government
to make the canonization of Joan of Arc a na
tional fete day, honored, in particular, by the
army. Fierce passions were aroused, but Foch
won, and one day in May of last year the French
army, to a man, paid tribute to the greatest
heroine-martyr of the Catholic church. I was
privileged to sec Foch pay his particular tribute,
and it will remain among my most vivid
memories.
There he stood at midnight out in the center
of the square at Orleans, while torches burned
all around and the "Marseillaise" beat triumph
antly; there stood Foch, commander of millions,
saluting for five minutes the equestrian statue
of a girl in armor who had never had more than
3,000 pikemen under her orders It was a tre
mendous moment. One heard again the aircraft
humming over the lines, the booming of thou
sands of batteries; one pictured the gas clouds
and the tramp of millions from Rome and Liver
pool and San Diego and then one turned to the
leader of it all and beheld him at the salute be
fore a girl who had, it is true, outmanoeuvred the
drunken Sir John Falstaff, yet who, later, made
a sorry mess of the siege of. Paris.
All of which is tantamount to saying that
Foch takes root in, draws his inspiration from,
the very heart and soul of French history and
greatness. Kitchener was a totally different
proposition; one never saw him thrilling to the
bearing of the Black Prince at Crecy. And for
that reason Kitchener might have been a more
malleable figure today than is Ferdinand Foch.
Foch's dreams of a new France hover round the
Napoleonic. Not that he would make war here
and there, or invade this country or that, but he
wants to get every bunce out of the temporary
supremacy of France on the continent. And his
concept of how that may best be done does not
allow for any baby talk about disarmament, or
even of the external control of a solitary French
mitrailleuse.
What Foch wants to see before he dies is
France on the Rhine from Crefeld to Shaff
hausen, a French Poland, strong and race-conscious,
buttressed in between reviving Germany
and communist Kussia and modifying by its
presence the strategy of both these lands, and a
French colonial empire extending practically
along the entire African side of the Mediter
ranean from Casa Blanca to Tunis. Foch be
lieves that, so extended and supported. France
can turn to the world without having killed a
soul and say: "And now messieurs, I am ready
to co-operate with you, provided you will guar
antee that what we have we hold."
Is he right? Is he wrong? Is he a retro
grade influence in the councils of the world, the
more retrograde for the very glamor surround
ing him? Who will say? He is a hundred per
cent French beyond that, each to his or her in
dividual judgment. Certain it is Foch has shown
precious little faith in democratic ideals and in
schemes of international brotherhood and the
like. And he laughs at the League of Nations.
At the Paris convention he fumed from day to
day as the veteran Clemenceau gave way on this
and that point to the idealistic Wilson; backed
by the Machiavellian Balfour. What he held
out for was a peace of victory, not of com
promise; the sort of peace which Bismarck had
imposed upon France at Versailles half a cen
tury previously and from which France recovered
in the surprising space of three years.
Not that Germany could ever have recovered
in a like period. But Foch believed probably
foreseeing a lot of the nonsense we are having
to put up with today, and whose most serious
if as yet largely unappreciated manifestation is
the insolence of the German monarchists Foch
was unalterably of the view that the Fatherland
should be made to eat mud as a lesson and even
at the risk of her nursing a war of revenge. She
would probably nurse that idea in any case, and
in point of fact she is now doing so. Is Foch
right? Is Foch wrong? Voila, mes amis, la
-question.
In a sentence, the man to whom the nation
extends its hearty welcome stands for authority
in the largest available tvne as against faith in the
multitude. He believes that the multitude must
be ted and that it can not lead itself. And he
believes that the natural leaders of the world
are those men who preserve mentally inviolate
the color and the glory of their lands. He is a
nationalist, the supreme apostle of nationality
alive today, loving France as dearly as almost
to draw back at the thought of her being con
taminated by alien schemes and alien hands, how
ever world-healing the intention. None the less,
cheer lustily, forgetting that he has not faith in
you of the multitude toying with a little knowl
edge, that he will consign the Armament con
ference to Hades unless America promises to
come to the aid of France again if she be at
tacked. . , -
How to Keep Well
r DR. W A. KVANA
nii krtW MatUitM aae seeesalioa a! aUsosss, u.llie
.tm. akin ium1 liaiilri ee. ! M setleud. Of.
QwMttMM .oralis kj
to Vf, " ww n
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tVM IU a auka a umw mm an" til'M
Aaarws MUtf la at Tfca Ow.
Oarrrtsat, till, by Dr. W. A. gtaat.
BLOW NOSE CAREFULLY,
gome peopla are born deaf, some
achieve dfne. Some of those
who achieve deaf nee coul4 prevent
tha disability If they knew what
to di and would take tha necessary
trouble. The Inconvenience and dis
ability caused by deafness la con
siderable, tnouah to Justify a re-
onable amount ot ertort to pre
vent It.
Dr. F. W. itock Has had years or
experience with a cllnlcfur tha pre
vention of drafneea. Tha cllnio
serves the schoul children ot Itorh-
ester. N. Y. I. give some or his
methods!
"We are known for our effort
for the hard of hearing children
who have old. suppurating ears. We
get together the mother, the nurses
and the child and instruct tnm
how to clean and car for th die-
charglnf ears." he aays, continuing:
"Cleanliness ana mora cleanli
ness are th meat of tha rules httd
down for pus casea. The mother
carries out th treatment dally at
th home and th child la treated In
th clinic twice a week. Dakln's
solution and a straight medicine
dropper and some absorbent cotton
are used to clean.
"Ear wax ts removed at th clinic
when necessary. Th child sits fac
ing th operator, bh puts her
head on his knee with th discharg
ing eur facing upward. Th ear
canal 1 filled with Pakln's fluid with
the medicine dropper. Th fluid Is
sucked In and out with the prooeiw
ir repeated with freh fluid until th
fluid sucked out is clear. Then th
nr canal Is dried out with a piece
or cotton rolled into a wick long
enough to reach in an inch or more.
"Then the canal is filled with
fresh solution and a cotton wick
with a bulbous end stops the out
side of the canal. . This home treat
ment is supplemented by more thor
ough treatment at school"
In some British clinics the clinic
treatment is Ionization with some
zinu salt.
Dr. Bock thinks there would be
less deafness If all children were
taught how to blow their noses. In
blowing the nose the ears may be
infected it one blows hard, as Broth
er Briggs would have us.
Never blow the noes when both
nostril -are constricted. To do so
is to run the risk of forcing the
germs up the tubes and Into the
ears. If the secretion cannot be
forced out by mild blowing while
one nostril Is wide open, it Is bet
ter to soften It before trying to
blow it out by the use of some salt
solution or other nose wash. -
The use of a wash for the purpose
can be justified. We would even
Justify the. sniffing of a little sneez
ing powder, such as one containing
a little salicylic acid, or a yttle soap,
or a uttie snuir. inhaling through
a menthol inhaler loosens the secre
tions a little and manes it possible to
clean the nose without blowing
hard. A paper handkerchief that
will be used and destroyed has some
advantage over cloth ones that are
used after they have become badly
Infected.
Scales Seem Deranged.
D. H. S. wanted to know why her
baby ia growing so slowly. At birth
he weighed less than two pounds.
When t months old he weighed 5
pounds and 12 ounces. When 6 H
months old ht weighed 16 pounds.
He is breast fed and has no teeth.
His appetite is fine.
REPLY.
Whoever 'weighs your baby is
careless about It or else the scales
have gone crazy. The weight at.
birth certain is wrong. If he1
weighed 5 pounds 12 ounces at 2
months It Is not likely that he has
more than doubled his weight in
New National Guard
(From the WMhlagtoa Pott.)
It Is pleasing to learn through an
official announcement by the War
department that the National Guard
has been recruited up to 126,000 offi
cers and men, which la more than
half its normal strength.. Under the
reorganization plan adopted, It Na
tional Guard divisions are author
ized, with a total Of 215,397 officers
and men. The country is divided
into nine corps areas, with two
militia divisions to the corps. The
fact that within less than three
years after the armistice was signed
voluntary enlistments in the Na
tional Guard number metre than half
the authorized strength is a matter
for congratulation and augurs well
for Ailing the ranks in the compara
tively neat; future.
for some time following tnt close
of the war the growth of the' Na
tional Guard was very slow, and
naturally so. The youth of the coun
try had been "fed up" on war and
had no desire for further military
duty. But as time wore on this
aversion passed and the militia units
begun to spring up with the satis
factory results noted. The federal
government and the states co-oper
ated to stimulate interest In the
guard, for it is well recognized that
the militia is not only a reliable
force for the preservation of order
within the states, but constitutes the
chief supporting arm of tho regular
army in event of an emergency.
During tne world war 382,000 men
entered the military service of the
United States through the National
Guard: This was about 10 per cent
of the entire American army. TJie
guardsmen In preparing for service
abroad showed the advantage of
their training in the militia. Con
sequently In the reorganization plan
provision is maae lor all the auxil
iary arms of the service, and in each
army corps with two divisions of the
National Guard will be a division of
regulars. The purpose of the War
department eventually Is to have the
guard so organized that it can be
ready for field service in a few
days or a few weeks at most
The value of a national guard or
ganization to any state was well
exemplified recently during the min
ers' riots in West Vlrglniu. There
the legislature had authorised the
reorganization of the militia, but
steps to this end had been delayed.
and as a consequence when mobs
took the law into. their own hands
there was no state force adequate
to preserve order, and it was neces
sary to call on the federal govern
mtnt for troops. Had the state
militia been available. West - Vir
ginia would have had no occasion to
Invoke aid from the general govern
ment.
It Is. such Instances as this that
impress upon the public the value to
any state of a national guard organ!
zr.tion. Just as the record of the
world ar shows its value to the
nation In time of stress. The fed
eral government is thus Justified in
making ample appropriation for en
couraging the militia of the various
states and for training it for prompt
and efficient co-ordination with the
regular army when necessary.
four months. If the flgurss are
rtcht ha la growing too fust. J'ut
tha brakes on or you will hav a
sunt. Try to get him to drink
mors water and less milk. II ran
tak a little cereal or potato soup;
also give him strained tomato or
nuug Juice.
Varying ltr Will Help.
Mrs. II. M. ! writes: 'iiy baby
Is 10 months old and has sis teeth.
Will you give ma a auliabl diet for
htr? eh Is breast-fsd. For th
Inst two weks I hav been giving
hr rrroal. beef tea. milk and crack
ers, and barley water. Hue has bad
oralis Juice since sue wsa monma
old. Phe Is well and looks the plo
ture of health, but ah it very con
tiiimed. Her bowel move only
every two or three days. I ue a
soap sttcH enema, uo you tnina
It U th lia'Iey water that Is keep
ing her bowels from acting?"
HE PLY.
You sre handling your baby well.
Continue doing as you now are.
When she takes a more varied diet
Iter bowel hablta will improve. Be
gin civlns her strslned vegetahls
soup and the mashed vegetables
from the soup.
Bolter Make 3111k Cold.
Mrs. J. L. writes: "It Is necessary
for me to travel with my baby for
a few hours and I would tike to
know If I can warm a bottle and
then put contents In a thermos bot
tle. Will the milk be the same or
will it sour? If I take a bottle off
the Ice and put In a thermos will
It be'good to give the baby and not
sour? My baby Is 1 months old."
KEI'LY.
Tho place for a S months old baby
Is at home. But It you must travel,
prepare the milk ready to use, got
It les cold, and put it In a thermos
bottle. Milk made ire cold can be
kept In a thermos bottle In fine
shaps. If you warm it, put it In a
thermos bottle, and then travel in
a rough train, you are liable to And
you have a bottle of kumyss, or
keflr. or some other foreign drink,
provided, of course, the bottle does
not explode.
Farm Finance
What Uncle Sam It
Trying to Do to Help.
(Followlnc la oaa ot a arrlre f articles
In which The Dm la andertiktnc to out
line the DtiTDoM and method of operatloa
of the federal war finance earporatioa In
unking loan, (or in relief ot agricultural
production.)
VIL
Some state banks in Nebraska
faced a difficulty i.i taking advan
tage of the War Finance corpora
tion's plan for advancing money to
relieve agricultural conditions De-
cause they were already . over-
loaned. -.
The Nebraska law provides that
state banks cannot borrow funds in
an amount greater than their capi
tal stock and surplus.- "Borrowed
money," in this connection, includes
either bills payable or re-discounts
in other words, money borrowed
other than that deposited as de
positors' accounts. Many banks
were virtually up to this limit.
The law, however, had one ex
ception. The limit was removed in
case further borrowing was neces
sary in order to pay depositors who
wished to withdraw their deposits.
Slate officials have Interpreted
this exception as applicable In the
present situation. If a bank's re
serve is less tnan the amount re
quired by law or If the bank has
good reason to expect it to drop be
low tho legal requirement, the offi
cials have ruled that the bank may
interpret this as authorizing fur
ther borrowing in order to pay de
positors. Under this condition, they
rule that a bank may re-discount
with the War Finance corporation.
BUSINESS IS GOOD THANK YOU'
LY Nicholas Oil Company
Cret ho I NoManiartan.
Omaha, Nov. X. To th editor of
Th He; My attention has been
called to an ltm la th World
Herald a fow days ago stating that
tha Creche, located at No. 1ISI Tark
wild avenua, and directed by Mm.
JulU Wsldt. t a horn for Catholic
children of poor parent and 1
maintained by contributions of the
Caihollo people of Omaha.
Th writer ot tht Item evidently
confused th Creeh with th Christ
Child society, a Catholic institution,
which has rscently established a so
clal corner at No. 1114 I'arkwild
avenue. The Creche (of which Mrs.
Weldt la matron) la a nonsectarlan
Institution, which has bean main
tained since 1117, flrat. as a day
nursery, and later aa a boarding
home for half-orphaned children. It
la auatalned by contributions tit
charitably disposed people ot stl re
ligious denominations. Its board of
director la composed of Catholic
and members of various Protestant
churchea
Will you kindly publish this not
for th information of th public?
MRS. THOMAS L. KIMBALL.
President, Omaha Charity Asso
ciation. Froflicrrlng In Money.
Omaha. Clot. 14. To th Editor
of Th Bees The American people
have been wondering for a long time
what ia the cause of th present
financial depression, which wss th
tople of discussion at th Americsn
Mining congress In Chicago last
week. Th real truth of th situa
tion was thorough 'y explained In the
reply ot Senator Tasker L. Oddle of
Nevada to Secretary of the Treasury
Mellon on the question of maintain
ing a gold standard. Senator Oddle
stated thst the gold holdings and
currency of the 50 principal coun
tries show the ratio of gold to cur
rency In 1)14 to be (t.l per cent
and in 1(20, 9.S per cent, snd dur
ing this period national debts ex
panded from $43,000,000,000 to
1300,000,000,000 and that the annual
Interest rate advanced from one and
three-quarter billion dollars to 13
billion dollars In 1920. Both the
principal and Interest are payable In
gold, to t paid out of the meager
total cf th world's gold supply of
I a blltion dollsrs.
Th question wa aaksd of th
leading economist present, "How
could the countries of the wurld
expect to nisei thalr debts T" To
which ha replied that It la Impossible
under th present gold standard un
less th production of new gold was
stimulated so ss to lav a balance,
over the Industrial demands, for
monetary purposes; and In order to
protect our present monetary ays
torn It would be Imperative that the
leading nations of the world adopt
a l. metallic standard for the ra
sm thol. gold not being allowed to
circulate freely, silver would neces
sarily ndvsr.ee In prlr within th
next II months to far exceed th
mark set In th II to 1 ratio.
Governor Strong of thu r'edsral
Reserve bank ot New York, before
the congressional investigation of
the agricultural commission, elated
that 1100,000 In gold I equivalent
to fl, 100.000 in credit In th coua
try banks of th nation, and that
sine th war I2U.VOO.000 of new
gold haa been withdrawn from the
United Viaies tressury's reserve for
Industrial consumption. Senator
Oddle expressed the opinion that had
the gold reserve been protuoted
against Industrlsl drain, that the
treasury could have extended a
credit tp country banks of 15,280,
000,000, and he wss firmly con
Vlnced that had a moderate defla
tion begun within a year after the
armistice our present difficulties of
depression would not only hsve been
minimized, but might never have
occurred.
Our financial depression Is not
remedied by the action of tha Fed
eral Reserve bank in permitting
certain sections of the country to
receive 5 per cent money and others
I per cent, while bangs are permitted
to exact Interest rates of t and lo
per cent, thereby making a profit of
from 33 1-3 to 100 per cent on capi
tal furnished by the people of th
t'nlted State, which has msde the
Federal Reserve bank possible. This
profiteering on moneys coming
through federal reserve channels
should be stopped, for it Is helping
to pauperize the nation.
ROY M. HARROP.
mini iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiHiiiiiiiiiiniiiiiiiiHiiiiiiiiiimi mum
The Merchants
National Bank
of Omaha, Nebraska
Capital Stock Paid in $1,000,000.00
Surplus and Undivided Profit .. .$1,000,000.00
Deposit $12,401,173.21
Fred P. Hamilton. B. H. Hell. O. T. Eastman, 8. S. Kent
President Vies President Vies President Caihlsr
H. D. sBenUey. B. B. Wood, J. P. Lee,
Assistant Cashier Assistant Cashle Assistant Cashier
DIRECTORS!
Fred P. HsmlMon O. 8. Bogsrs Frank W. Jud.on C. W. Hamilton
George N. Peek N. B. Updike Chas. L Saunders F. B. Joknsoe B. H. Mails
WE SOLICIT YOUR BUSINESS
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A Leather Vest
For Outdoor Workers
NOTICE We carried Over from last year about ona thousand
split horsehide sleeve vests. They have a knit wrist and neck
band, 2 pockets and knit waist bands to keep your back warm.
This leather, though not pretty, wear off smooth, does not scuff
or peel just the thing for rough work and to keep out the wind.
THEY WHOLESALE AT MORE THAN THIS TODAY. :
SCOTT
15th AND HOWARD STREETS
Phono DOuglaa 2793
7.
OMAHA TfAJl, - I ja,
y PRINTING (7 T T V
Ld COMPANY p -vEs
sVi . j - r " r IV i " -
S7sneii ii l.is".ii"gn imumnini i TtwntamW
CmMERCIAL PMNTERS LffltOttAPHtriS STEllDlt fHMSSXS
loose tear ocviccs
Virginia tobacco pays no
import duty ... no ocean
freight . . . no marine in
surance. It's home grown
that's how Piedmonts
give you better value.
m
eVilPmiSL Cigarette
j from down where
the gtod tobaccc groves
LrooRT & Mnu Tobacco Co.
i4
on
"Utr
I