davidaulloa/AmericanStories huggingface dataset:
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
Cost of Fargo High
School is Figured by
Expert Mathematician
Many Interesting Problems Worked Out by Prof Smith
in Address on The Mathematics of Investments
Acre of Land Yielding Sc Income, Worth $10O

Mathematics is looked upon by the
average man as a rather dry subject
but that it can be made far from dry
was proved to members of the Com
mons club this week when they lis
tened to a very enlightening address
by Prof. ]. w. Smith Of the mathe-
mates department of the North Da-
kota Agricultural college.
Mr.. Smiths subject was The Mathe-
mates of Investments, and he gave
concrete illustrations to prove the i'm
portant place and high value Of the
application OF mathematics to busi-
ness, commercial and political prob
lens.
That the banks have grasped the i'm
portance of mathematics in connec-
ton with their dealings with the pub
lie, was shown by Mr.. Smith. who
stated that banks, instead Of con-
tinually exploiting their officials are
bringing to the attention of their Gus
toners such facts as money deposit
ed on Jan. bears interest at Az per
cent. payable quarterly So much
money, deposited today amounts to a
certain sum in a given time"
"A very important phase of an
nuities,' said Mr.. Smith, discussing
that feature of mathematics" is con-
sidered under the terms perpetuities
and capitalization. BY perpetuity
we mean a series of periodic pay
ments which are to be continued for
ever. Obviously the amount of a
perpetuity would be an expression
without meaning, since, as time went
on the amount Of the perpetuity would
increase beyond all bounds. On the
contrary the present value Of a per-
petuity is a definite sum. By a series
of mathematical determinations 1t
can be shown that the present value
of perpetuity is the annual rent, or
annual income, divided by the nomin-
al rate OF interest"
Mr.. Smith proceeded to give some
very interesting and enlightening ex-
amples:
The Value of Land.
'If money is worth 5 per cent an
income of $4,000 per year is worth
SAC, 900 in cash. Again, an acre of
land that yields net income of So
per annum would be worth 800 with
money at 6 per cent.
1.-THE cash equivalent Of an annual
expenditure may be found in the same
way. For example, If it costs SIS
a year to dig the weeds from a block
of cobble stone gutter, it would pay
to spend 500, in addition to the cost
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
aim BLOW AT
LIQUOR TRADE
TO DRY" STATE
fRv Associated Press.,

st. Paul, Jan. ga bill aimed as
a blow against the high cost of living
was introduced in the Minnesota SEN
ate yesterday by Senators Blomgren
and Rystrom, whose measures would
make it crime "for any person, firm,
copartnership or corporation" dealing
in potatoes to attempt to create a
monopoly or to attempt to destroy
the business of competitor. Discus
sion accompanying the introduction
Of the bill revealed a belief among
the senators that big dealers had
crowded out smaller ones and that the
high price of potatoes was due par
ticularly to monopoly. The bill also
was introduced in the house by Rep
resentatives Norgren, Larson. Pratt
and Putnam.
A bill introduced by Representatives
Gullickson and Cummings would pro-
hibit a resident Of dry territory from
ordering liquor through a friend in
wet territory.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

Of the cobble stone gutter, to substi-
tute cement one requiring no clean
ing, If money is worth per cent.
Again, if it costs railroad COM
pany $1,000 per year to guard a rail-
road crossing, the company can afford
to spent 100000 in order to abolish
the grade crossing. on the supposition
that money could be invested at
per cent. .
1--WE may say in general that
the process of determining the
cost equivalent Of an annual income
or an annual outgo that is supposed
to continue indefinitely is called cap
italization.
1T is customary to use the express
sion to capitalize an income or an
outgo' at such and such a rate. In
the example previously mentioned re-
lating to the net income OF the acre
of land, we say that the annual in
come of So capitalized at per cent
is $780, Also the adjustment of the
railroad crossings is capitalized at $780,
600. In a similar manner numerous
Illustrations of this principle of cap
italization may be given from the
Heated and possibly more useful ap-
plication Of the principle is found in
the following class of problems:
"A structure costing $4,000 must be
renewed every 80 years. What sum
should be set aside when the structure
is first built, to provide for an indef-
mite number of renewals, on the sup
position that the cost of renewal will
remain constant and that money will
remain at per cent? ...-.R., f.
Now what we really have in this
problem is to lind the capitalization
necessary to meet an outgo cf $2S, 900
every 80 years,
THE principle involved as far as
mathematics is concerned is to find
the present value of q perpetuty II
$4,000 whose payments are made at
intervals Of 30 years. This can be
determined and Is found to be S.
270.37. That is an outgo Of $4,000
every 80 years is capitalized at $5,270.
money being worth DER cent.
The Importance of this illustra-
ton becomes evident when we note
that the 1920 is the amount that
might be expended over and above The
$4,000, to make the structure perma-
nent.. ..,...L-
II should like to say before leaving
this type of problem that If the cost
renewal had increased say 20 per cent
the principles Of mathematics would
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
IGNITE COAL AND THE RoBBER BARoNs.

The Red Wing Mnn Eagle paid his hard coal bill the
first Of the month and then he this: ~ IT,.
North Dakota Ignite is rapidly taking the place Of
parts Of the northwest forty fifty
4s being shipped daily from point alone Would
goodness that the Ignite could be made the place
Of everywhere until the coal barOns and their affiliated
robbers had time pass into the putrescent
Putting mildly these harsh words Let's thank good
put great deposits of Ignite the praes
where they greatly needed.
possible Ignite deposits may day
veoped point they will deprive the barons Of all
power to levy tribute this big northwest country
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
NOT A VENDETTA
BUT A POLICE FORCE
Or. A. Lawrence Lowell in N. A. Review,

mot a vendetta but police force"
university
ed limitations o
close
1T the be
ttemut is madeto enfor
ture believe is the
it sufhc to prevent sas'. 80
MANY
being enangled
alliances
think Of nations
prevention, of
fight others
vnge injuries entanging not 1t is
to the belongs $500 81
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
WILL SOME JOB BE HERE FOR H1M7

There great we-organized, statewide
for the purpose getting job for every
ona guard of that state returned from the
has been urging such movement in North Dakota
Surely the resist that appeal cevy expressed
the poem from the pen the poet regiment Ed
ward Peterson of Co. published he Forum evening
They II cheer him and feast him, go. ."
+a '''''' And hero him a while; 800 -
'.'' On every door "wecome'' sigh
1e On every face a smle 49,.
But when the shoutng's .
The last car left the track;
Will good job be there for him, sa
When boy gets back?
How about 2 Will good job be here for him. when
!, boy gets Packf '', 49,. Z,
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
Surprisingly Good
Cough Syrup Made at
s Home
Costs Very Little and Easily Made,
but a. Remarkably Effective

You'll never really know what o fine
cough syrup you can make until you
prepare this famous homemade remedy.
You not only save 80 40 compared with
the ready-made kind, but you will also
have q more effective and dependable
remedy in every way. 1t overcomes the
usual coughs, throat or chest colds in
"a hours relieves even whooping cough
Get 255 ounces of Pinex ESQ cents
worth from any good drug store, pour
it into . pint bottle and ill the bottle
with plain granulated sugar syrup.
Here you have a full pint-a family
supply-of the most effective cough
syrup that money can buy-at q cost of
only 81 cents or less. It never spoils
The .pronRt and positive results given
by this pleasant tasting cough syrup
have caused it to be used in more homes
than any other remedy. It quickly
loosens dry, hoaree or tight cough
heals the inhamed membranes that line
the throat and bronchial tubes, and re-
lief comes almost immediately. Splen-
did for throat tickle, hoareeneHs, bron-
chitis, Group and bronchial asthma.
Pinex is q highly concentrated com-
pound Of genuine Norway pine extract
combined with guaiacol and has been
used for generations for throat and
chest ailments.
Avoid disappointment BY asking yous
druggist for "255 ounces Of pinexS with
full directions, and don't accept anya
thing else. A guarantee of absolute sat-
isfaction or money promptly refunded,
goes with this preparation. The pinex
Coz 1t. Wayne Ind
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

A bill has been introduced that
would give every retired president Of
the United States a seat in the lower
house of congress, without vote at a
salary of $4,000 year. If he became
a candidate for any political Office,
however. he would lose the position
and salary. This is only another of
the many attempts made to find q
satisfactory answer to the question,
What shall be done with former
dents should come from the ranks of
the people, and in due course return
those ranks, taking. their places like
ordinary citizens, without gain or loss
by reason of having for period serv-
ed their country in the highest office
1t has to bestow. This theory is sound
and many think 1t should not be
changed.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

yo know the real human doctors right your
made Of flesh and blood just the doctors with
those who responding to your call IN the
dead Of night readily in the broad daylight they are ready
win their experience and their love for children
FIetchers nothing We not asking
experiment the Importance
Of buying Fletcher's.
phvsican will there
the market and he particularly interested in
the welfare Of your baby.
....... ........ away. a.. !. ......... .564zz
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
FORMER FARGO GIRL
DIES AT GLOBE, ARlZ.
Mrs. w. r. Butts, Formerly Miss May
Caldwell, Grew to Womanhood
Here.

Word has been received in Far
go of the, death of Mrs. w. T. Butts,
formerly Miss May Caldwell, who grew
to womanhood in Fargo, at Globe,
Ariz. Interment was at San Diego,
Cal. The husband, the father and one
brother survive.
Mrs. Butts graduated from the
Moorhead normal school in 1908,
teaching in the Spokane, WASH. pub
lie schools until her marriage in 1911.
A host of friends in Fargo and
Moorhead will regret her demise.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
THfs-AND FIVE cENTsI

DON'T MISS THIS. Cut out this slip,
enclose five cents to Foley & Co., 1886
Sheffield Ave-. Chicago, ILL.,, writing
your name and address clearly. You
will receive in return trial package
containing Foley's Honey and Tar
Compound, for bronchial coughs, colds
and Group; Foley Kidney Pills, for pain
in sides and back, rheumatism. back
ache, kidney and bladder ailments; and
Foley Cathartic Tablets. a wholesome
and thoroughly cleansing cathartic,
especially comforting to stout persons
Fout & Porterfield,-Advt.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

A school of shoemaking has been
started at Lynn, Mass. The fun
course is to be four years of forty
eight weeks each, for boys, and two
years for girls. Work in the factories
will be a part of the course. and
management Of factory. Years ago
a shoemaker's apprentice was given a
bench and taught to build shoe by
hand in all its parts.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
Prefers chamberIain's.

TN the course of a conversation
with Chamberlain Medicine Co.'s rep
resentative today, we had occasion to
discuss in a general way the merits of
their different preparations. At his
suggestion ] take pleasure in express
ing my estimation OF Chamberlain
Cough Remedy. / have a family OF
six children and have used this REM
edy in my home for years. consider
it the only cough remedy on the
market, as have tried nearly all
kinds."-Earl G.. Ross, Publisher
Hamilton County Republican-News
Syracuse, Kan.-Adv.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

The United States army has 106, 456
enlisted soldiers. Including the
Philippine scouts, signal corps, medi-
cal department, recruits. ETC., the total
strength Is 1874.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25
Are Your Sewer. cIoaasdY

The bowels are the sewerage system
Of the body. You can we'll imagine
the result when they are stopped up
as is the case In constipation. AS q
purgative you will find Chamberlain's
Tablets excellent, They are mild and
gentle in their action. They also im-
prove the digestion.-Ady.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

The reorganized band at Hazeltor
has received new instruction books
and is putting in two evenings a weel
at hard practice.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

One Of the big plate glass windows
in the Lokensgard furniture store at
Parshall was broken by the high wind
recently.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

Gilbert Solum Of near Finley was
adJudged insane by the commission
and was taken to Jamestown.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

A German chemist produced tenn
perature of 1880 degrees through ex-
periments with liquid air under pres
sure. This is $500 degrees hotter than
the sun is supposed to be.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

The city council OF Stanley is pay
ing careful attention to the streets
during the winter months, in the
business section Of the town. After
every furry Of snow. all the drifts are
scraped away with graders.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

1t has been suggested that a good
road club be formed at Benedict and
vicinity.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

The Grafton cuylers will hold their
first bonspiel Feb. 5, 6 and Z.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

The federation Of farmers clubs at
meeting at Maddox voted to recon-
mend to the county commissioners
that they make adequate financial
provisions for the erection of a suit
able barn and machine shop at the
agricultural school at that place.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

Charles Wager, of the Danbury dis
trict, was working around a gasoline
engine, when he got one of his index
fingers caught in the machine and
had 1t SO badly shattered that he had
first joint
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

ParshaIl Leader: We had a narrow
squeak from fire again when an oil
stove left in bedroom at the. Utopia
hotel exploded and scattered the
burning oil. A girl at the hotel who
had occasion to go into the room dis
covered the fire. Slight damage was
done.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

In the long drawn out trial in the
county court Of Ransom county Of the
case of the state VS.. Fred Frederick
son for Islander, the jury after a day
and a night elaboration was unable
to agree. The final vote it is reported
was IL for conviction and for ac-
quittal.
The Fargo forum and daily republican. [volume] (Fargo, N.D.) 1894-1957, 1917-01-25

Maddox Standard: The Maddox
country will fare we'll If the state
board of health carries out it's plan
to adopt a bonus system. for the
rearing Of children. The legislature
will be importuned to overcome the
gradual decrease in the size of North
Dakota families.
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25

ing, 96; Mary Taylor, So; Kathryn
Hurts, 96; Edward Garrett, 90; Alfred
McClain, 50; Burdet Roberts, So; Felix
Greer, 81; Gordon Williams, So; John
White, 81; Luther Doyle, 90.
Second Grade
Katherine Dupree, 98; John Nc
Quiston, M; Thaddeus Hall, 81; Nellie
Crunk, 81; Roy Turner, 96; Ruth
Young, Sc; Alice Marshall, So; Mar
garct owen, So; Charles Mcbride, So;
Virginia Wilson, 90; Mary Kate
White, So; Jack Currie, So; William
Mcbride 95; Martha Baptist, So; Ho-
mer Briggs, 95; Forrest Tatlock, So;
Bessie Marie Bringle, ga; Roy Roberts,
"a; G. G. Harvey, ga; Shuler Briggs,
81; Malcolm Melton, SO; Mamie Hars-
son, 80; Felix Shoffner, 80.
Third Grade
Estelle White, So; Ida Taylor, "a;
James Webb, SO; Stanley Hadley, 92;
Florence Mellow, 81; Eunice Croker,
81.
Fourth Grade
Mary Maude McClanahan, So; Susie
Mai Pippin, "a; Lois Webb, 90; Norma
Lynn, SO; Loua Roberts, 92; Ernestine
Smith, 80.
Fifth Grade
Irene McQuiston, 80; Laura Belle
Gee, 80; John Boyd, 81; Willie S.
Whitehorn, SO; Richard Taylor, Cd;
Ernest White, "a; Willie Feezor, 80;
Alma Beasley, 81; Opal White, 81;
Sara Maley, 81; Pauline Smith, 81.
Sixth Grade
Alvina Fortner, So; John Pennell,
So; Ida Mai Roberts, 90; Elizabeth
Owen, SO; Maurice Taylor, 81; Jake
Lowenhaupt, 81; Elizabeth Gracey, 81;
Myra Webb, 80; Elizabeth Maloney,
80.
Seventh Grade
Halle Polk, So; Lima Helen White,
81; Beulah Bailey, SO; Eleanor Rich
mond, So; Callie Palmer McClanahan,
So; Malcolm Bringle, 81; Elizabeth
Marshall, go; Florence Kinney, 81;
Lottie May Stevens, 80.
Eighth Grade
Gather Cothran, 95; Nina Gracey
95; Mildred Turner, 81; Warren
Smith, 81; Hughes Bringle, SO; James
Rose, SO; Mary M. Mcbride, 80; Mary
Wilson, 92; Raymelle Bezzo, 81
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25
LEADERS, HONOR ROLL

The following is list of renewals
and new subscribers received by the
Leader for the week ending Saturday,
January 20:
Renewals
j. A. Marshall, Atoka
T. j. Lawrence, Brighton
Chas. Bowden
John Wilder, Mason
H. w. Allard
H. w. Hise
j. G. Baird, Atoka
Short Charlie Smith
j. r. Myers
L. L. Miller
P. j. Smith
N. R. Billings, Burlison
7. H. Elan
j. H. Flowers
w. T. Coats
Norris Bringle
]. C. Rice, Braden
Rev. |. L. Aston, Randolph
w. P. Clark
j. X. Warmath, Senath, Mo.
Mrs. ]. S. Cooper, Memphis
j. Hy Smith
John Beaver, Brighton
l. S. Miller, Brighton
Mrs. Annie Reid, Memphis
Mrs. w. L. Coppenbarger, Memphis
T.. r. Dawson, Atoka
G. T. Larimore
E. L. Haynie
New Subscribers
o. T. Meadors, Drummond
Mrs. w. H. Smith, Cynthiana, KY.
Rev. w. A. Russell
Boyd Brown, Leland, Miss.
A. C. Douglas, Buena Vista, Tex.
c. F. Pickard, Burlison
Holmes Winford
VIM. Fitzgerald, Ripley
Geo. H. Miller, Brighton
Ed Taught
w. F. Vandergrift
G. G. Bringle
N. B. Glenn
w. G. Mcintyre
L. w. Boshears
w. S. Hines
Miss Grace Smith, Memphis
Mrs. M. j. Raybon, Atoka
G. w. Wilson, Atoka
Jas. P. Simonton, Atoka
C. H. Sullivan
w. w. Bib, Munford
Carl Rice, Munford
Mrs. W. w. Moore, Conway, Ark.
Mrs. Geo. S. Volz, Ripley
Mrs. Fred Foster, Tiptonville
j. w. Griffin, Atoka
j. M. Ellison, Atoka
L. R. Mathis
M. F. Yelvington
M. E. Brown, Atoka
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25
STATE FINANCES


The State Of Tennessee has hnan-
cial troubles that are giving Gov, Rye
and those charged with the duty Of
providing ways and means for con-
Quoting the business of the common
wealth much to think about. There
is now large deficit, and an expense
account that exceeds the income must
be provided for, as well.
The expense account has been add
ed to by the legislature, while no new
sources of revenue were sought out.
The situation, therefore, is avery nat
ural one, but this does not solve the
problem for the Legislators, who,
while not always prudent and careful
about the creation Of new Offices and
expenses, get pretty conservative
when it comes to raising taxes and
seeking new subjects of taxation.
A revised, and supposed to have
been improved, assessment measure
was before the Legislature two years
ago, but majority of the assembly
lodged the issue that now confronts
it. The issue is squarely up to the
legislature now and must be faced.
Gov. Rye was before both houses
the first of the week in special mes
sage He points out the duties that
will come under the proposed tax COM
mission, including the assessment and
equalization of all property in the
state and supervisory control OF all
county tax assessors, with powers to
remove for cause. He calls particu
lar attention to the proposed income
tax on the income from mortgages
and lien notes, formerly taxed ad
valorem. Under the old laws but
little of this property was taxed. The
sliding scale for taxation, with a de-
crease in the tax rate as the total
assessment increases, is commended
by Gov. Rye. He says the present
unsatisfactory conditions can be rem
edied by the equalization of the tax
burden. The governor refers to the
bills prepared by the special commit
tee and accompanies the reference
with statements of receipts from var
ious sources, He compares receipts
for different periods and shows how
the revenue is used. In concluding
his message, Gov. Rye says:
"By prompt action these measures
can be made applicable to the present
year. | appeal to you to discourage
all petty or obstructive efforts to
amend or emasculate these laws"
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25

The news from Washington is that
$4,000 of the National Guards, now
on the border, have been ordered
mustered out of the service. It is
understood that those units that have
been on the border longest will be
withdrawn first, so far as this is
practical. When those now under or
ders are returned there will still be
between forty and fifty thousand men
on duty as border patrol. Those under
orders will be returned home as soon
as transportation arrangements can
be made. Some Of the Tennessee units
will be included in this initial order
for mastering out the National
Guards.
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25

Gen. Nat Upton is credited with
publicly making the announcement
the first of the week, while attending
court in Jackson, that he will not be
candidate to succeed himself as
prosecuting attorney in the 10Th Judi
cial circuit, which he will have filed
four years at the expiration of his
term. Gen. Upton succeeded his
father when the latter resigned to
enter private practice. He is, per-
haps, the youngest attorney general
in the United States.
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25

Mr.. R. B. Baptist, Of this place,
while attending the civil court of APP
peals at jackson the first of the week,
took occasion to announce that he is
a candidate for Judge of the 18th Ju-
dicial circuit, composed of Upton,
Lauderdale, Hardeman, Fayette and
McNairy counties and the civil divis-
ion of Madison county. Judge Ever
EFT has announced that he will not be
a candidate to succeed himself. Mr..
Baptist is the first to make an an
nouncement of his candidacy for the
position. He is an excellent lawyer,
popular both at the lo5al bar and in
the several counties that compose the
circuit.
The Covington leader. (Covington, Tenn.) 18??-current, 1917-01-25
w
FOUR DRY LAWS APPROVED

The legislature has acted with dill
gence and speed in passing the prom
Used liquor legislation. Gov. Rye
Monday afternoon signed House Bill
No. /, known as the Wholesalers and
Bootleggers' Act"; House Bill No. 2,
known as the "Antilocker Club Act;
and house bill making bootlegging
a felony, and House Bill No. 3 was
signed Friday, making a total of four
measures that are relied Upon to
make Tennessee dry in fact as well
as in name. The above laws go into
effect from and after their passage.
There is now only one other meas
ure of this kind pending, that to make
the Webb-Kenyon bill effective. This
bill, we understand, will come along
the regular course Of legislation and
has been named the "Bone-Dry Law"