Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-08-05

thou my very son Esau? And he said.
I am. The rascal! He had disguised
his hands, but he could not completely
disguise his voice. The voice Is
great giveaway to those who have the
power to discern It,
The record settling forth the wrong
Jacob did his father and his elder
brother tends to emphasize the record
on the side of Laban. Jacob has bad
streak, and the best he could do was
to cover it with excuses His expert
ence with Laban justified mistrust,
but there is warrant for saying Labans
experience with Jacob tended to the
same end. Jacob sought to get the
better of Esau his brother. Likewise
he sought to get the better OF Laban
his father in law. 1t is no doubt true
that Joseph inherited his exceptional
qualities as a business man.
Men have no knowledge Of tnstruc-
ton standing them to better purpose
tE<n experience Men are known to
! one another thru experience. Men may
do wicked things, and repent. and be
saved; but it is not easy for them to
gain the unclouded forgiveness of those
they have wronged. Men are judged very
much as piece of wood is Judged. 1t
may be hard or soft. polished or in the
rough. but oak remains oak. and pine
is never anything materially different
1t is absolutely essential to the d.
vine plan, looking TO the worlds re-
t demption from the power OF evil that
! the wicked. in ways they little under
stand, should be impressed into the
Lords service.
"And Laban said unto him. pray
| thee, If I have found favour in thine
eyes, tarry: for I have learned by ex
perience that the Lord hath blessed me
for thy sake
NJ ADOO'S OFFER OF CROP FUNDS
! ISioux City Journal
| It is unfortunate that our currency
system is 80 inadequate that resort
| must be had to artificial means to give
| 1t the elasticity 1t should naturally pos
| sess. So long as help is needed. how
ever, 1t is fortunate that the govern
! ment is in a position to offer 1t and
! the secretary il the treasury is no.
averse to using public resources for
| the relief Of private business.
The announcement that Secretary
| McAdoo is prepared to deposit $780,
| 900, 900 with the banks OF the south
and west for use during the crop
moving period will take welcome
news, particularly in the south, where
| the scarcity of funds for crop moving
al, eady has begun to pinch. The sec
rotary had previously indicated his
belief thar the eastern bank. had un-
necessarily frightened. their loaning
policy with intent to make money
scarce In the interior. Whether that
view is still retained in the treasury
department is immaterial, as 10 the
question whether the eastern banks
actually had such unworthy motive.
The important fact is that need for
currency to handle the cotton and
grain crops in the west and southwest
now exists and that the need is to be
met In measure without reference to
banking conditions in the east.
Secretary McAdoo's plan has been
worked out carefully with the design
to help the general financial situation
as well as the localities in which the
government surplus is to be deposited.
1 Government per cent bonds are to
be accepted at par as security for the
Means This should help to make a
market at par for the 2 per cent bonds
LIldl HdSc DeGl ClIdliS iut5 uSaioS VI AosS
nearly five points below Para condi-
ton that has caused no little worri-
ment in government as well as finan-
cfal circles. The status Of the pei
cents also should be helped by the
regulation making additional deposits
available only to banks that now have
outstanding at least 40 per cent OF
their authorized circulation. The ten
dency Of this requirement will be ia
Il encourage certain banks to increase
their circulation secured by per cent
bonds. simultaneously increasing the
demand for 2 per cents and adding to
the volume OF bank notes IN ctrcula-
ton. Last but not least, prime COM
merc;sl paper. approved by the clear
ing house Of the bank offering 1t, viii
be accepted as security for the new
government deposits. There has been
! much talk about the desirability Of &C
cspting commercial paper in this re-
I.latiou, but this IL the first time the