davidaulloa/AmericanStories huggingface dataset:
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
F. A. Townsend Buys Lou Pease
Insurance Agency.

To the Insuring Public, who have
insurance with the Lou Pease agency
OF Leon, Iowa:
This agency has ben transferred
to ne together with all records and
policies in force. There were 4 good
many policies transferred to me with
thls agency which Lou Pease was
keeping for his customers. These
policies ! have filed in my fire proof
safe, and they will receive the same
care as before. However, should
anyone want their policy they can
have same by calling on me.
Your Insurance interests will re-
ceiye the same careful attention that
l have heretofore given any insur-
ance entrusted to me. Your losses,
endorsements and renewals will be
locked after lpromptly- and aa-I have
had Is years experience in the in
sufance business and am devoting
my entire attention to the care of
my customers can give you as good
service as there is to be had, and |
trust you will be good enough TO
give me a chance at anything yoa
may have to place in the insurance
line F. A. Townsend.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
THE NEW THEATRE.
Gail Kane, Carlyle blackwell, Jackie
Saunders, Alice Brady and 9th
er Stars for Coming Week.

Today, Thursday, August 80, Gail
Kane and Carlyle Blackwell in "On
Dangerous Ground" from the fam
Gus novel, Little Comrade.' 1t is a
story of the present war times, in
volving the secret service of the Ger
mans and French, and full of thrill
ing scenes.
Friday, August 81, that popular
little actress, Jackie Saunders, comes
in "a Bit of Kindling," story OF a
waif and her love for social ne,er-
do-well who becomes man and her
lucky husband. Miss Saunders in the
tom-boy OF the screen world. See the
tom-boy rout the newsboy gang and
battle the alley toughs with her fists.
Then see her in a dancing frock.
Saturday, Sept. l, there will be the
thing extra, to be announced later.
Monday, Sept. 3, that great actress
Alice Brady appears in Bought and
Paid For" wonderful story, Won
derfully acted. 1t is new stage
creation in that it is absolutely true
to life The characters are those we
have met and talked with thousands
OF times.
Tuesday, Sept 4, the attraction is
"The Love Thief" featuring Gretch-
en- Hartman and Allan Hale. A vivid
dl VI pdooloii eLIiu
Jealousy, the scenes being on the
Mexican border, and with many ex-
citing scenes and thrilling climaxes.
Wednesday, Sept. 5, a double bill,
the Triangle feature, ''The Vaga-
bond Prince" and Keystone COM
edy III. B. Warner and Dorothy Dal-
ton are the stars in the Triangle
feature, the scenes are in the Balkan
Kingdom. The story is one of love
with series of sensational Incl
dents.
Matinee every day at 3 O'Clock.
and 10 cents. The program this
week consists of high grade produc-
tons, nothing trashy, and well worth
your patronage Music by orchestra
each NIGHT eXcept Saturday.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
TWENTY-FIVE YEARS AGO
items Taken from the files of The
Reporter Published a Quarter
of a Century Ago.

Mrs. Peter Johnson died at her
home five miles south of Leon Tues
day, at the age Of SO years.
The following marriage licenses
have been issued the past week:
j. A. Hensley 2S to Media NJ Wor-
b. j. Evans 27 to Bertha E. Little
i22.
Ed schenck and James Hurst, Of
parachute fame, are at work on an
other kite scheme. They have built
a big kite 81 inches high, arranged
to carry photographer camera,
and when the proper heighth IS
reached they will take birds eye
view of Leon. They have the appdr-
ably try it out this afternoon.
Marion Oney had good wagon
stolen from his farm south of town
Tuesday night The thief was very
particular to get everything that be-
longed to the wagon, hunting up all
the side boards, end gates and seats.
Some one evidently acquainted with
the place was the thief, as Mr.. Oney
says he could not have found all the
things in the dark himself.
\, lille threshing on the farm OF
Mike Griffin southeast of Leon last
Wednesday evening with the Osborn
& Dale machine, John Osborn, one
of the proprietors, was caught by
the tumbling rod and severely, if not
fatally, injured. The rod turned
him between it and the ground in a
very small space and he was picked
up for dead. A physician was call
ed and he was restored to conscious
ness, when it was found that in ad-
dition to being completely paralyzed
three ribs were broken and he was
bruised and crushed internally. At
this writing he is improving slight
ly, but the outcome cannot be told.
J.. II. Pitman started Wednesday
for Alexander, Kansas, where he will
visit a few weeks with relatives.
j. F. Hamilton/of Seattle, Wash
ington, arrived Monday on a visit
to his parents, Mr.. and Mrs. Joseph
Hamilton.
Miss Annie Hoffhnes went to Des
Moines Monday for visit with Mrs.
E. M. Sanford.
Miss Maud Creighton is spending
week in Des Moines with her sis
ter, Mrs. CLANCY.
i. w. Sullivan, of Lincoln, Illi-
nois, last week purchased 400 acres
of the s. P. Mcneil farm south of
Garden Grove for S130OO
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Rural School Text Books.

The following texts have been gen.
orally adopted by the boards of di-
rectors OF the rural school corpora
tons in the county, and will be In
use for the next five years:
Baldwin and Bender readers-5-
book series.
Hunts Modern speller.
Binghams and McFarlane.s Essen
tials OF GeoegsTaa & 2 reiillSsseeolSs and ~. IL
Iowa edition. 1.-
Overton's Physiology-Primar
intermediate and advanced
Pearson and Kirschwey's Essen
tials of English-New terminolOgy,
/ and ii.
McMaster's Brief History Of the
United States lfor grades Z and 3D.
Perry and Prices American His
tory Books.
f'orman's Essentials of Civil Cow
ernment-lowa edition.
Steadman's Graded Lessons In
Writing-Pads | to VIII.
WenWorth-Smith' Arithmetic
book series.
These texts are in the hands of all
text book dealers in the county. Old
text books will be taken in exchange.
1t will be of great advantage to
the schools of the county to have q
uniform system of text books used
throughout the county. Teachers and
boards of directors are asked to Co
operate in getting these texts in the
hands of the pupils at the beginning
of the school year.
County superintendent.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Entertained at Roof Party.

Mr.. and Mrs. J. R. Bowsher enter
tanned more than $50 guests at
roof party at Hotel Leon last Friday
evening, which was delightful in
novation. The guests on arriving
were shown through the new hotel
annex, and then conducted to the
roof garden, Khere entertainment
was provided, a reading by Miss Nina
Olsen, dances and singing by Misses
Alberta and ThirZa Hamilton, reci-
tation by Vogt Bowsher, and the
vaudeville singers from the Idle
Hour. The Leon orchestra furnish
ed music for dancing, and delicious
refreshments we're served. 1t was
one of the most successful social
gatherings ever held in Leon. Out OF
town guests were numerous, from
Birmingham, Alabama, Kansas City,
Mt. Ayr, Garden Grove and other
places
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
TO MY Patrons.

On account OF other work which
have decided to take up at this time
| have turned over and transferred
to Fred Townsend all of my insur-
ance business, and / wish to take this
opportunity of thanking you all for
the liberal patronage that ! have re-
ceived during the long years l have
been in the insurance business in
Leon, and ! hope that you will con-
tinue with Mr.. Townsend, with any
business you have to place, as he is
thoroughly competent by years OF ex-
perience. He can take care of your
renewals in the same companies that
you are in as | have transferred all
my companies to him. Lou Pease.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Bloodhoumds Trail Harness Cutter.

Saturday night Harold Hanks, of
Van Vert, went to his barn and
found an almost new set of harness
cut in small pieces. Noticing tracks
leading from the barn he called
Alva Thomas, of Creston, to bring
his bloodhounds, and Thoma; arriv
ed with the dogs about $50 Sunday
morning. The dogs picked up the
scent and followed it about half
mile to house, and scratched on
the door OF course this is not evi-
dence enough to convict, bus other
circumstances may lead to prose-
cutiol 1t was dirty piece OF work,
aud the guilty party should be made
10 suffer for it.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Sold Farm at $165 an Acre.

Abe McVey has sold his 16O acre
farm two miles north of Leon, known
as the old Caster farm, to John Har-
den of Leon, for $26,40O, being $165
an acre. Mr.. McVey bought this
farm a little over two years ago for
$127.5O an acre, and made profit
of over $4,000 on the deal, besides
Mr.. Harden will move to his new
farm and Mr.. McVey will return to
his old home farm which he still
owned SIX miles north of Leon on
which Lawrence Caster has been liv-
ing the past year.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
$156.3O to Equip Soldier.

1t costs the United States just
$156.3O to equip an infantryman for
service in France Figures made pub
lie recently show that of this total
clothing represents $1O121, fighting
equipment S47.35, and eating uten-
sils $7.73. The soldiers gas mask
costs $12; his steel helmet So, and
his rifle $3.50. The first 100000 to
100000 of Americas fighting men
will be equipped with the present
Springfield army rifle, those to fol-
low will carry the Enfield used by
English troops.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Load of Oats Threshed 134 X
Bushels.

Over on the west side of the coun-
ty there has been quite rivalry
among farmers as to who threshed
the biggest load of oats, but we
think Jack Tullis, of Decatur City, is
entitled to the belt, for he hauled a
load of bundles on their farm which
was threshed out by Bill Axes, and
134H bushels. That was
some load of oats.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Consolation for Married Men.

"When a man hath taken a new
wife he shall not go out to war,
neither shall he be charged with any
business; he shall be free at home
one year, and shall cheer up his wife
which he hath taken. ."-Deut. "a: 5:
Some of the boys might refer the
exemption board to the above pas
sage of scripture. But possibly
some of them recently married
would rather enlist than stay at
home and work at the 'scheer up"
business that long.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
LOOk-A Bargain.

On account of having to spend nine
months of my time in the northwest,
offer my residence and adjoining
acreage for SALE New nine room
house, good barn and garage, and
other good Improvements. This prop
erty is located one block south Of the
beautiful Harvey park on MSin street:
Will give time to right parties. -
you want good home with IN acre
40, don't fail to see this bargain.
Kilt 3-4 VIII McKern.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
GriMn-POnd.

Mr.. Reuben Griffin, of Pleasanton,
and Mrs. Dora G. Pond, of Lucas,
were united in this city, Monday,
August goth, the groom's brother,
Rev. Griffin, who resides east OF
Charlton, performing the ceremony:
They will reside at Pleasanton, and
will receive the congratulations and
good wishes of many friends.-Char-
iton Herald-Patriot.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Auto Tax Apportioned.

The second installment Of the
state auto tax fund has been made,
and Decatur county will receive $4,-
$40, making a total of $15,132 for
this year, as against $14,36S receiv-
ed last year. From the state tax the
sum of S46S,536SO has been set
aside for use on federal aid roads, a
similar amount now being available
from the federal government, and
Decatur county will receive about
$4,000 from these funds for road
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Found Snake in the House.

Monday morning, Mrs. Leon Leep..
er, living two miles northeast OF
Leon, was Mortified to see big
snake come crawling out of a bed
room at their home. She ran to the
barn and notified Leon and he came
in and killed it. 1t was a. garter
snake three feet long, ad they are
wondering how the snake got in the
house, as there are screens at all the
doors and windows.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Circus Here Yesterday.

The Yankee Robinson circus ex-
hibited in this city yesterday, a large
crowd being in the city to see the
show. They gave very creditable
parade, and have a nice clean show,
but The Reporter went to press too
early to speak of the performance. A
big feature with the circus was Bat
tling Nelson, the pugilist, who gave
boxing exhibition,
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
DOwney-Rllmley.

Friday afternoon, August gath,
VIM. Downey and Miss Eva Rumley,
both of Leon, were united in holy
wedlock at the Methodist parsonage,
Rev. r. r. Moser officiating. They
will make their home in Indianola,.
Nav the 10y and riches of long and
happy life attend all along life's
tourney.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
McCormick-McC Clarnon.

Mr., Ernest Mccormick and Miss.
Mabel McClarnon, both of near
Pleasanton, were united in the holy
bonds of marriage on Sunday. Ang.
18th, 1917, Rev. Elba Dale Umctat-
ing. They will 60 to housekeeping
ON their farm near PleAsantOn. Nay
the dark clouds of sorrow never
dafken their future, II the wish OK
their many friends.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Leon Schools Will open Monday.

The Leon public schools will open
next Monday morning for the fall
term. Prof o. M. Gass, who has
been spending the summer on their
farm at Romeo, Michigan, will arrive
the latter part of this week, and the
assignment of teachers will not be
completed by the board until he ar
rives. All pupils who expect to at
tend school this year should be on
hand to enroll Monday morning.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Not q Stacker.

In the list published last wek the
name of Leslie G.. SwensOn, of Lamo-
nj, was printed as one of the three
Decatur county men who failed to
report for examination. But he had
q good excuse, for he had already en-
listed 40 . member OF the Hydro
plane company boing stationed at
Poaeacola, Florldo. e
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30
Oscar Lee Bennett, Davis City.
John G. Tu1lis, Decatur.
Clyde Minas DevOre, Van Vert.
Ray Elwood Taylor, Weldon.



Ray Elwood Taylor, Weldon.
Halle Rauch, Grand River.
Herbert Rem Hammer, Lamont.
William Andrew Fisher, Weldon.
Orval Perry Creveling, Lamont.
Lawrence Oberton Atteberry, Da-
Wis City.
Martin Edward Newlin, Pleasan-
ton.
Merl Eber Cornett, Pleasanton.
Bert Everett Slaughter, Lamont.
Oscar Leo Boatman, Van Vert.
William Millard Smith, Leon.
Ralph Leo Thompson, Van Vert.
Lloyd George Vanderpool, Grand
River
John Walker Corsbie, Van Vert.
Clyde Raymond Epperley, Leon
Richard Green Duncan, Lineville.
Kingsley Lyon Lamphair, Pleas
anton.
Grover Cleveland Rains, Davis
Yancy Orville Moore, Lineville.
William Lee Davis, Leon.
Everett George Wagner, Garden
Grove.
Ora Amos Grenawalt, Lamont.
Lee Roy Umphress, Garden Grove.
Elmer Howes, Davis City.
]. Leon Leeper, Leon.
Orlando Edward Wadley, Lamont.
C.. Milan Sanger, Leon.
James Alfred Thomas. Lamont.
Mahlon B. McGahuey, Decatur.
George Harley Petty, Woodland.
Arthur Leonel Martin, Lamont.
Henry Franklin Horn. Garden
Grove
Chester Leighton Jenkins, Wei
don.
Clarence William Gabel, Leon.
Ross Werner Gamble, Garden
Grove
James Ezra Clampitt, Pleasanton.
Fred Thomas Epperley, Leon.
Clivan Edward Clark, Garden
Grove
Ira Edwin Smith, Garden Grove.
Carl Alfred Erickson, Lamont.
Charles William Robson, Leon.
Clifford Slater Vaughn, Weldon.
Leslie Stewart Wight, Lamont.
Charles Edgar Allard, Leon.
Adam w. Holroyd, Grand River.
Frank Mote, Leroy.
Homer Austin Squirting, DeKalb.
Floyd E. Wise, Decat tur.
Clyde R. Pickering, Leon.
Ben Logan, Lineville.
Erney Otto McGee, Leroy.
John Carl Strobe, Leon.
The Leon reporter. (Leon, Iowa) 1887-1930, 1917-08-30

Olin Beatty Monroe, Weldon.
Samuel G. Lake, Decatur.
Ernie Irving, Van Vert.
Ralph w. Johnson, Lamont.
Isaac E. Martin, Leon.
Harold Glen Carey, Leon.
Ralph Lewis Rumley, Leon.
Robert Glen Marshall, Humeston.
Leroy LaBrash Lamont.
Chester Stocker, Leroy.
Burl E. Warner, Decatur.
Arthur Scott Anderson, Lamont.
Mark Orland Smith, Leon.
Merlin Leroy Seder, Lamont.
Horner Heman Hopkins, Lamont.
Van Bumgarner, Garden Grove.
Eldred Fay Hatch, Leon.
Harry Afford Shakespeare, Pleas
Willie w. Shelton, Decatur.
Claude Bancroft Curry, Garden
1 Grove.
Wilbur Leland Allen, Lamont.
John Lester Axes, Leon.
Charles H. Lemley, Leon.
donald Bumgarner, Garden Grove
Burrell Jefferson Monroe, Weldon.
Eugene Neal Russell, Leon.
Jesse Elmer Roth, Lamont.
Daniel Reese Gittinger, Leon.
Francis Horace Phelps, Lineville.
Arthur Richard Chilcott, Grand
River.
Harley Robert Sly, Davis City.
Robert Franklin Scott, Leon.
Fred Christ Follmer, DeKalb..
Arthur Louis Gaulter, Lamont.
Carl Dean Southern, Leon.
Donald Crees, Grand River.
Orval Willard Bennett, Leon.
william Jefferson Fulton, Davis
Semuel James Poland, Leon. i,
Levi DanieI Hill, Garden Grove.
Jeln W1l1iam Norman Jr.. Deca-
4nr.
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1917-09-13
ALL APPO|NTEES
ARE vERM0NTERS
Capture All the Places In Avia.
ton Schools from North.
eastern Department.

Boston. Mass. Sept. 7.-Vermont men
captured all the places as aerial observers
in the appointments to the aviation schools
Of the northeastern division announced to-
night by Brigadies- General johnson.
The successful applicants are Perry H..
Aldrich, Essex junction, Robert NJ.
Briggs, Hartford; A. N. Chamberlin, Bur-
lington. and Bradley A. Thomas. Norris
Vile. John w. Taylor Of Bellows Falls
and Stanley v. Wright Of Middlebury were
assigned to schools to be trained as avia-
tors. The appointments were made on the
recommendation of Lieut.. Charles ]. Gid
den, a noted balloonist and automobile
driver. and now aviation officer Of the
northeastern department. Having passed
all examinations. the men will be immedi-
ately sent to aviation schools and while
in training will receive 500 a month with
rations and lodging. After graduation
first lieutenant commissions will be con.
ferred carrying with them base pay OF
5000 with bonuses for special work.
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1917-09-13
TALES OF DEATH
FROM SUBMARINES
American Sailors Tell about Res.
cue of Twenty.O One French
Sailors.

An Atlantic Port, Sept. Tho crew Of
an American steamship arriving here to-
,ay told of the rescue of q members of the
crew of the French bark Magdalene after
she had been sunk by a German subma-
rine, and of an attack and pui suit of the
American craft by U-boats.
The U. s. boat, bound to an italian port,
sighted the Magdalene on fire about 100
miles southeast of the Azores and went
to her assistance. In lifeboats near by
were q men. Nine Of them W ,re wounded.
Ten others had been killed by the U-boat's
shell fire. Before the American ship got
away she was attacked by the same SUBJ
marine and narrowly ESCAPED being tor
pedoed. Five days later she was pursued
by another disguised as a sailing vessel.
She escaped in the darknesr. The Magda-
lene's survivors were landod at an Alge-
sian port They said the O. rman had sunk
five other vessels within short time.
James Pottre of Maiden Mass. a men,
Der of the crew of the No, wegian steamer
Kongall which was torpedoed 20 miles off
Holland coast last spring, arrived to-day
after waiting three months for passage
home. He said nearly 100 American sea-
men, destitute victims of submarine sink
ings are living on the beach near AM
sterdam, and waiting for an opportunity
to get home.
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1917-09-13
VALLEY Of TEN
THOUSAND SMOKES"
Mount Katmai in Alaska Has
Largest Volcanic Crater in
the World.

Washington, Sept. 7.-Safe return to
civilization. after successful tour of the
valley of ten thousand smokes" Of the
National Geographic society's Mount
Katmai expedition was announced tonight
in telegram to the society's headquarters
here from Robert F. Griggs. head of the
expedition, now at Kodiak, Alaska.
DR.. Griggs's message declares that In the
light of the expeditions DISCOVERIES the
valley will stand as the first wonder Of the
world. Instead Of ten thousand smokes
as the west volcanic area in Alaska Is now
known. the valley is said to have literally
millions of active vents in a space of a
hundred square miles.
DISCOVER RIVER OF MUD.
The survey Of the exploration party
proves. according to the message that
Katmai lis the greatest crater in the
face Of the globe. being more than nine
miles in circumference and 5000 feet
deep. The party also discovered mud
river II miles long. and mapped 1900
miles Of territory hitherto uncharted.
Two thousand photographs Of the great
volcano and the contiguous territory
were secured and a complete collection
Of plants. insects. birds and geological
data Is being brought back to the Uni
ted States. Gases from the vents are
! also being brought back for chemical
analysis.
This expedition, which Ia expected back
in Washington about October s, set sail
| for Mount Katmai region from Seattle
| on May %, fully equipped in every par
ticular to complete the work begun by
the society's earlier expeditions of 1913,
1915 and 1916
Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1917-09-13
HOUSE SANCTIONS
WRA CREDIT BILL
Bonds and Certificates for Sum
Of $11,53S,945.46O Au.
thOrized.
$4,OO00,000,00O FOR ALLIES.
Speaker Clark Shifts Debate Of Bill to
General Financing Problems
Of War.
$4,000 0o,0 900 FOR ALLIES.

Washington. Sept. 6.-The great war
credits bill, authorizing $11 ,53S 94 400 In bonds
and certificates passed the House tonight
unanimously. Action by the Senate as soon
as the pending war tax bill is disposed of
is planned by administration leaders, No
material Amendment was added to the bill
by the House. Representative Moore of
Pennsylvania led q group of republicans
In futile fight for consideration Of his
proposal for a war expenditures commit
tee, which was thrown out on a point of
order.
TRY TO LIMIT CONTROL.
Every effort Of republicans to limit
the control the bill would give Secre-
tary McAdoo over the bonds and GER
tif1cates resulted in failure. The last
night, made by Representative johnson
of Washington, to direct the secretary
to spend at least $2,500.o00 for news
paper advertising in disposing of the
bonds was defeated overwhelmingly.
If the secretary desires, under the meas
ure, he may use some Of the $4,000, 900
appropriated for disposing of all the
bonds and certificates in newspaper pub
licity.
Representative Cannon Of Illinois,
managed to obtain the adoption of a
compromise amendment to exempt from
taxation forever interest on bonds not
in excess Of $4,000. He wanted to make
1t $4,000 but Democratic Leader Kitchin
would not agree to that
TO BE FOU RPER CENT. BONDS.
The bill authorizes the issuance of
81, 53S, 945. 400 worth of convertible four per
cent. bonds. subject to supertaxes and
war profits taxes and to terminate at
the discretion of the secretary OF the
treasury. OF this total A,000, 000, 900 worth
is for a new allied loan; $4,000. 000, 900
worth to take over a three and a half
per cent. issue already authorised and the
remaining $685., 945 ,460 to be used for con-
verting certain outstanding bonds, in
Guiding the Danish West Indies, Alaskan
railway, Panama canal and naval con-
struction issues.
TWO BILLION IN CERTIFICATES.
Issuance also Is authorized Of not more
than $2,000.000,000 worth each Of certif-
Gates of indebtedness and war savings
certificates to run not more than one
year and five years, respectively, at rates
Of interest to be fixed by the secretary
Of the treasury. These issues are to be
subject to the same taxes as the bonds.
The bill provides that foreign bonds.
taken in exchange for loans, shall not
be sold at less than the purchase price.
For more than an hour to-day debate
veered from the bill itself to the general
war financing situation, Speaker Clark
and Representative Shirley of kentucky
urging that more taxes should be levied
| soon and declaring grave dangers lay
| ahead II Congress continues to issue vast
quantities Of bonds without regard to
equalization by taxes,