davidaulloa/AmericanStories huggingface dataset:
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
A REMARKABLE OFFER

In the present e1igency it Is not a
violent presumption that anything
looking to a reduction in the cost hu-
man necessities should be entitled to
fair consideration. The Consumers
Cultivating Company has addressed a
letter to the President outlining
plan by which the cost Of living may
be materially reduced. The offer has,
at least. one attractive feature in the
assurance given by the proponents
that no government appropriation will
be required for the work. This fact
would, we presume, create a suspicion
in the mind OF Congress, but the COM
pany enphatically says: There are
no strings to this offer, no compensa-
ton expected in return" It IS truly a
remarkable proposition. 1t has grown
out OF an experiment conducted by the
agricultural director Of the Long Is
land Railroad, recognized authority
on farming and distribution Of farm
products. For the past seven years he
has, on small scale. demonstrated
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

ST ' '1e OUR OFFICIAL REFERENDUM

the absolute perfection and efficiency
of plan he devised for shipping farm
products directly into the home of the
consumer. The plan has been slightly
revised to meet national conditions
Experts have carefully investigated
and conceded the practicahility OF the
plan. 1t will increase the farmers in-
come one billion dollars year and at
the same time, save the consumers or
this nation an equal amount
The company that has been organ
lied to promote the plan has kept the
details of the scheme under its nal
but the conditions under which it will
impart its secrets to the government
seem to be fair enough. In its letter TO
the President the company stpulateS
as follows: That before December %.
1916, you announce your intention to
appoint a committee Of no less THAI
seven unbiased citizens who are capa-
bic OF investigating the feasibility Of
our plan. That before January s, 1917.
this committee accept or reject our
plan. That before June II. 1917, the
plan. if accepted. must be in opera
tion and serving at least two hundred
thousand farm families and six hun
bred thousand consumer families; 9TH
erwise the use of the plan reverts back
10 the corporation.
But just at this point there arises
the doubt as to whether the govern
ment could legitimately undertake the
distribution Of food products. Perhaps
this would be the least obstacle. as the
government has already undertaken 10
do many things out Of the ordinary,
such as armor plate making and snip
building. so why could it not be food
distributor as we'll?
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

lead to- the conviction that trade war
will follow the military war-that both
the allies and the central powers will
be ready Immediately or in a very
short time to dump cheap products Gil
our markets Certain it is that they
will cease to be such extensive buyers
from us. Such a change will necessar-
lily mean an outflow Of gold, contrac-
ton Of credits, reduction Of prices and
a reversal Of speculation.
The whole question Is whether we
shall. like the successful aviator. glide
smoothly down 10 earth again, or 90
tumbling headlong TO financial wreck
and industrial ruin. The outcome de-
ponds upon the preparations and pre-.
cautions taken to make our machinery
sound and keep it in working order. In
this each man who transacts business,
however great or small, has his due
share OF responsibility. Don't 80 up
like a rocket unless you are willing TO
come down like stick.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

The stand taken by the Federal
Reserve Board is open and honorable,
and it is the only one on which the
finances of the country can be kept on
a sound basis This has been Ques-
toned in so many ways that 1t seems
advisable to set forth the Legitimacy
Of the Federal Boards view from an
economic standpoint.
The main thesis is the difference
between liquid assets and permanent
assets. Liquid assets are that part OF
the national wealth which Is con-
stantly being consumed and then re-
produced. You buy Il pair OF shoes;
wear them cut, and get another pair
in place of them. There is, necesSar.
lily, a man who is making shoes
which are among the products going
directly 10 consumers; and that mans
notes, on which he borr0wS money Tor
his operations, are really snort Time
notes. Those notes represent the
deposits Of the consumers in the
banks, because the consumers deposit
in the banks their cash and draw
against it for the funds with which
they buy the shoes, or other com:
modities: and the manufacturer OF
Tie SuUSS, vi lIlC oklCl
uses the cash so paid TO take up his
notes. So long as you have such an
arrangement between the consumer,
the manufacturer and the bank. so
long are YOU on a sound basis WheT-
ever such commercial TRANSACTIONS
dominate the credit. you have liquid
assets as the dominant factor. anu
your finance is sound.
But if the banker loans out the
money for the construction. sity, OF a
railroad in new territory, all that can
be paid back is the revenue coming
from the investment: and that rev.
enue cannot be classed as liquid
assets. 1t constitutes a permanent
; investment. Suppose consumers de-
post 100000 cash with a banker. In
the first case, he loans the 100000
to manufacturers Of shoes or gro,
ceries. who produce tiny corresponding
amount Of shoes or groceries, which
the consumers in turn buy for cash;
and the transaction is liQuidated by
check payment on the bank In this
transaction, the banker receives the
100000 from the consumers; the
500. 900 is transferred from the bank
no the manufacturers to make the
shoes and groceries,; and the trans
action Is settled by a series Of small
drafts on the bank for the deposi.oTs'
100000 in payment. At the end OF
a certain time--usually 80 days1the
transaction is settled.
In the case OF the railroad. the
100000 is loaned to the railroad
company. which puts it in an embark
ment. In the embankment it earns a
revenue for the company of $4,000 Il
year. The railroad has the $4,000 to
pay back 10 the bank: but it has not
the 100000. The bank has loaned
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
" CHARLIE VOITLE

When one reaches the fulfilled yeats
with the wells Of inspiration dried Up
and aspiration glutted with achieve
ment, and the frail body Tags super
fluous on the stage" We can readily
reconcile ourselves 10 bidding fare
well to such spirit. But when youth
Is stricken in the full bloom Of health.
when a promising career is suddenly
cut short. when everything that IS
pleasant in life is made dark as by
the snuffing out of all the agreeable
lights that have frightened ones ex-
istence, then comes a sorrow which
takes many years Of cropping to as
suage. This is the incon solable gries
that has come to the young widow
with the fatherless infant of Charles
W. voitle, who was grievously stricken
and taken from them yesterday in the
full flush of life.
Charlie" Yoitle was young man
who had a very promising future be-
fore, him. He was a newspaper man
of more than ordinary ability, rapidly
moving up in his profession to that
success which rewards unflagging In
dustry and an unQuenchable ambition.
Placed in a position Of large respon'
sibility he was jusdtying all the con-
fidence that had been placed in him.
TO his other responsibilities had just
been added the highest that can dig
Nifty young man starting out on a
career-fatherhood. We cannot ques-
ton a fiat Providence. we can only
marvel and submit What is there
left to do for those of his co-laborers
who enjoyed his companionship and
his hearty human friendship? So, 1t
must be goodbye. Charlie good
night.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

to the railroad 100000 Of the con-
sumers' money. Now. how are the
consumers to get back the $1,000
They simply can not get 1t back.
The difference between the two
transactions is that, within three
months, the consumer gets his money
back from liquid investments, where
as he does not get ii back from per-
manent investments. From the per-
manent investments he gets back only
the interest on the investments, and
there exists no conspicuous instance
in which railroad has ever actually
paid off its mortgage without creating
4 new loan TO replace the old one.
What the banker has done has been
to force the consumer to make a per
manent investment instead or buying
consumable goods.
If, instead Of railroad, we put the
British government with Its Treasury
notes, you would have the consum-
ers' money, which they intended for
current consumption. tied up in d per
ment investment. In effect, the
banker makes on the consumer a
forced loan in favor OF the British
government. At the end Of each fixed
period. the British government can,
under its formal announcement, renew
its notes; but the consumers cannot
get their money back. All they can
get is more British Treasury notes
The investment is tied up as tightly
as if it we're a 2U-year railroad bond.
If the policy against which the
warning had been given had been
carried out in spite of it on any
extreme scale. the liquid resources of
American consumers would have been
tied up in ways that would have pre-
vented Legitimate expenditures. The
banks would not have been able to
meet the legitimat demands of their
was discovered by the depositors a
panic was inevitable. The public
would have been wise II they had
needed the Federal Reserve Boards
warning and guarded themselves
against the action OF such bankers
who refused to heed the warning. by
the withdrawal OF their funds.
1t is the special province Of the
board, from time 10 time, to give
warning to the public at large Of dan
gers impending. 1t constitutes in
reality a financial referendum to the
people, and the people ultimately
must decide. This immense value
;inhering in the q. Federal Reserve
Board, for practical service 10 the
country, has thus far been largely
overlooked. The present Is practi-
cally the first occasion on which the
board has chosen 10 exercise its
power of the referendum.
The board made wise decision.
1t told the facts. 1t gave timely
warning. 1t was then up 10 the
public 10 decide whether. as nation.
we shnuld or should not adhere 10 a
sound policy of banking.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
THE ROCKET AND THE STICK

A little gold is a good thing. but 100
much is a danger. 1t IS the same with
the business world as It is with the
individual. Today the country is clog
ged with gold. but some day there will
be reckoning This is, not question
which affects Wall street alone. but
the whole country, and for that reason
invites the interest the humblest bus
mess man and the smallest factory
owner Since the war began, we have
made net imports Of sold 10 the
amount Of nearly $71S.000o00. due to
the great export trade resulting from
the war in Europe. That gold has
formed the basis for immense credits.
producing an expansion Of business
and investment, rush OF speculation
and boom In prices. That Is all right
as long as it lasts. Initiation hurts no.
body. Going up in balloon or an air
ship Is perfectly harmless. II Is tho
coming down that has its perils Con-.
traction that is certain to follow the
initiation may be without harm. but it
has its dangers.
Nobody knows when the contraction
will begin. The war may last for
years. Even when the war does end,
there ia q possibility that no radical
change In our financial status will re
suit. but all the probabilities are
against that assumption. rAl thn re-
ports and indications from Europe
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
CORN GROWERS AT NEW YORK.

NEW YORK. Dec. 8.--Ohios juve-
nile growers of that states most boun-
tiful corn crops visited New York to-
day and were welcomed at the city
hall BY Mayor Mitchell. They number
$50 boys. and girls to whom the
Ohio agricultural authorities awarded
prizes, including the trip east, for
bumper. yields on single acres.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
CHILE TO GET S SUBS

NEW YORK, Dec. S-Five subma-
rincs will be presented by Great Brit
ain TO Chile as compensation for the
seizure by Great Britain at the out.
break of the war of swo super-dreai-
noughts which were being built in
England for the Chilean navy. This
was made known today by Carlo Cas-
tro Ruiz Chilean consul general here,
who said that the submarines, built
in this country, will soon start south
for Chile by way Of the Panama Canal.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
EABIT-M MAKING AND HABIT
BREAKING.

How shall / q habit break"
As yon did thai habit make.
AS yuu gathered. you must lose;
As yuu yielded. row refuse.
Thread by thread tho strands We twist
Till they bind us. neck and wrist;
Thread by thread tho patient hand
Must untwinc. ere free We stand;
As VIC buIlded, StOnr by stone.
We must toll. uphclpcd. alone.
Till the wall Is orcrthruwn.
But remember. as We try.
Lighter every test goes Sy:
WadnG IN. the stream grows deep
Toward the Ccntrr's downward sweep;
Backward turn. each step ashore
Shallower is than that before.
oh. the precious years We waste
/ cvclinE what VIC raised In haste;
Doing what must b. unhunn
Ere content or love he won
First across the gulf VIC cast
borne threads, TIL lines are passed
And habit builds tho bridge al last.
John Boyle OReilly.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
A MURDERoUs " SPORT -

J The lnyelligencer confesses that OF
m things that so under the rather
Elastic title of sports automobile rae
ing is the least appealing from legl--
innate amusement standpoint. The
American people are easily led into
a fad, and this is the only way to &C
count for the crowds that can be gath
cred at the speedways of the country.
But when a so-called sport becomes as
destructive of human life as motor rae
/. ing has. is it not time TO Danish it BY
law, or hedge it by such restrictions
as to make it absolutely safe. Some
Senterprising persons seeing profits, II
-nothing else, established a saucer
track" at Uniontown. The first day
il was opened it added substantially
to the long mortality list Of previous
events in the country. On this per
finance the most remarkable and et'
tective comment appeared in a Union
town paper as an advertisement. sign
z ed by. a prominent banking house OF
!: that city, and which in part follows:
Even if only four or five were kill
ed and a couple OF dozen injured II
: isn't fair to criticize the management.
Remember, this is only the preliml-
nary meet and they didn't really guar
antee to kill anyone this time, al
though, OF course. it was highly prop
able that there would be a few deaths.
But wait, wait for the grand opening
!, in the spring wait for the big sno"
- then YOU can reasonably expect 10
see sections OF human anatomy scat
tered all along the track and cars &C
tually skidding in good red blood. GIVE
citation a chance and it may yet make
good"
OF course if we are TO relapse into
the old Roman conceptions Of sport"
the automobile speedway will be
very good substitute for the bloody
= arena Of the amphithea,er where the
were wont 10 contend with
4each other. and where the early. Chris
tlans were thrown to wild beasts 70
add perfection to Roman holiday.
Emphaucally there is nothing sporty
about an automobile race. Racing tur-
ties would be more humane and decii-
edly more enjoyable. There IS abso-
lufeIy no skill required OF driver,
nothing but brute courage and reck-
.lessness. There is no definite result.
The unavoidable deaths resulting frola
automobile accidents are numerous
enough without setting aside a con-
course where thoughtless and foolish
thousands may witness a killing with
out any responsibility attaching TO
these public murders. It is not the pao-
pie who enjoy the luxury Of owning an
automobile that furnish the audiences
:. for these CHASTITY spectacles, but an
unthinktng class who try to deceive
themselves that they are enjoying
themselves. 1t is high time for the su-
! thortues to refuse to license Death as
. q driver Of cars.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

ing the railroad situation and IN
Weighed against federal control OF the
great transportation interests. yet TIE
third time he appeared as Presiden-
tial candidate he advocated the gov
eminent ownership OF railroads. Nov
we have him declaring that control
would make government ownership
inevitable" Same old disturber.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

The Owen election bill. pending IN
the Senate. presumcS that all the skull
dugscry is monopoliZed by the Rcpuh-
licans, which Is quite characteristic "
other hypocrisies of the present phHrai-
saical administration.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
SUCCESSFUL BANK ROBBERY

WlNSLOW. Neb.. Dec. S-Two men
appeared at the Wtnslow State Bank
this afternoon. covered the employees
with guns and robber the bank Of be-
tween $4,000 and $1,000. They escaped
in an automobile.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

The demand Of the Allies for an e1-
PLANTATION Of GrAece's military activity
sounds like an American submarine
note.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Maric,tasS Ohio. remains wet hu' a
margin Of only SO votes must be Of some
Significance to the saloons.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

The ubiquitous Mr.. Wax Of r"lyGa-
nous practices never stuck long in ono
place
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Maybe Athens is more than ever de-
termined not tC lake the jump since
Bucharest was so easy.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

If Santa Clans knows his business hc
will slip lower cost of living scheme
into Uncle Sans stocking.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Some OF tho members OF Congress
threaten to be so busy they won't have
time to go home to hang up their stock
tngs for Christmas.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

To get the true Christmas spirit at
tend church services tomorrow.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09
WILL GET 30 PER CENT.

PITTSBURGH, Dec. S.-Depositors
in the defunct Pittsburgh. Bank for
Savings probably will receive so per
cent OF their deposits when the final
dividend is paid, according TO state
ment today by Receiver G. H. Getty.
Dividends of so and 20 per cent al
ready have ben paid.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Lloyd George will have a composite
cabinet. but. first Of all. lighting cabi-
net.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Thawing frozen trains loose is one
Of the winter sports Of -tlaska.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

The spectators arc getting ont from
under since the government probe
touched the tender spot.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Great Britain was also troubled with
:, 'wutchfuI waiting" policy.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Rryans program for saving the Dem
ocratic party has the old fault. too much
Bryan
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

t;"umania. perhaps. now wishes she
hadn't.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Costly burial caskeis arc mn invest.
mcnt in false pride. not in Immortality.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Professor Economics Author Of The Premises Political Econo
N.Y. DEMONSTRATION of the Economic Theory 1.-The Dynamic
Theory of Economics
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

Withdrawal of the Treasury Note Loan of Supreme I'm
portance and Federal Reserve Board Victory
RY SIMON N PATTEN, LII. D. Phi D.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1916-12-09

New York city yearly eats 10000.
900 pounds OF potatoes
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-01-25
United Bar Pays
Its Last Tribute
To Simon S. Bowman

Dauphin county's united bar this af-
ternoon, in special session, paid a ten
der tribute to the memory of Simon s.
Bowman, one of the county's Oldest
practitioners. Attorney Bowman died
Sunday morning at his home in Mil
lersburg.
The memorial services were largely
attended and were featured by little
eulogies. which many of the older
lawyers delivered in memory of their
ellow-practitioner. Resolutions. which
had been framed by a committee con-
sisting of John l.. Patterson. Colonel
Fred NJ. OFT. John T.. Fox, Philip S.
Mover and T. X. Van Dyke, were
John c. Nissley. Job ]. Conklin. r.
sherman Care, II. ID. Saussaman and
Lewis n. Neiffer were appointed a COM
mittee to represent the bar at the
funeral services tomorrow.
The speakers included: BENJAMIN NJ
Mead, Frank b. Wickersham. John c.
Nissley and Samuel ID. Wyle. a younger
member of the bar who was associated
with Mr.. Bowman. President Judge
George Kunkel presided and the secre-
taries were j. b. Conklin and r. Sher-
man Care.
The Dauphin county memorial COM
mittee. composed of one member from
each Masonic lodge in this county, met
this morning and passed resolutions of
regret incident to the death of Mr..
Bowman. lie was one of the commit
teemen.
Harrisburg telegraph. [volume] (Harrisburg, Pa.) 1879-1948, 1916-01-25

continue the consideration of reports
from committees The resolutions
committee still has about fifty resolu-
tons in its possession for action.
Among the resolutions in the commit
tee on revision of the constitution is
one providing for a reduction in the
salaries of the international officers.
1t is expected the committee will rec
ommend nonConCurrenCe in the reso-
luton.
The scale committee which will
make report to the convention late
in the week will hold its first general
meeting tonight for the consdera-
ton of demands sent in local unions.
While members of the committee have
informally exchanged views there has
been no crystalization of sentiment on
the exact amount of the wage increase
to be recommended beyond the general
opinion that it should be at least 10
per cent.
President John p. White called the
attention of the delegates in conven-
tion to-day that this is the twenty
sixth anniversary of the founding of
the organization and il was decided
to observe the occasion. In conse-
quence the delegates transacted little
business at the morning session.
The convention at the forenoon ses-
sion adopted a resolution urging legis-
lation in all mining States which
would compel owners of electrically
equipped mines to install gasoline or
steam auxiliary power to operate fans
for the circulation of air for emerg-
ency use in case the electrical sys-
TEN breaks down.