davidaulloa/AmericanStories huggingface dataset:
The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-20
DEMOCRATIC NOMINATIONS


LIST District - Fred Bartholomew
Grand Forks.
Governor
S. ]. Doyle, Fargo.
G. w. Wilkinson, Fargo. - D..
Lieutenant Governor
j. P. Smith, Beach.
State Auditor ft.
Theo. Serr, Manhaven.
State Treasurer, .&.-.
Z. M. F. Hegge, Hatton. Y :. T, !
Attorney General
G.. S. Wooledge, Minot. sa-
Commissioner of Insurance
F. B. Schneider, Wahpeton.
Railroad Commissioners
J. L. Harvey, Cando.
David ]. German, Grand Forks.
Representative
18th District-Howard Wilson, Leal
The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-20

81, 697 1882
Unadmitted Assets ,.....,..$ 107, 329. II
Total Assets ..............$ 81, 690, 66A.oo
LIABILITIES.
Gross claims for ~ ~
Losses unad. a.-
justed and ad-
1usted and IN ttt. ert. d..
paid 81, 215, 468.78 s&
Losses resisted
psny ....::::: $4,000
H T snonnt gross n; =.
efa odna for for wi
losses -. Isl, 2SS,012.D
susance and *
salvage claims Al...
thereon g.. ~, 2O5.S2 "-.. .
Net amount Of unpaid Loss
Amount of unearned Prem
iums on all outstanding
Due for unpaid Dividends.
Commissions and Broker
age 1928, ezo3
5 1888, sss Sc
All other Liabilities ......... 1914, 7052
Total Liabilities ..........$ 80, 800, 854.0S
Premiums received during the
year In Cash .............$ II. $50, 211 ~
Interest, Rents and Dividends, .3
received during the year. 1,778, 1861 10
Amount received from all
other sources ............. 14O.34927
Total Receipts :..........$ 1s,454, 1855
DISBURSEMENTS.
losses paid during the
Dividends, Commissions and ''o''
Brokerage paid during
Paid i'd for Salaries. Ta1e. ''V''''''
Fees and other charges. -. 2,037, 280
Amount Of all other Dis -s.g
bursements ............... 1852, o6s.s5
Total Disbursements ;. 8 14,e45, 1898
NORTH DAKOTA BUSINESS.
Total risks taken during the
Total Rremiums received
during the year. .......... 34,S49.60
Total Losses incurred during
Total amount Of Losses paid
during the year .......... 17,236.H
STATE OF NORTH DAKOTA, 4. ~ ~,
Office of Commissioner Of Insurance.
l, s. A.. OLsNEss, Commissioner Of In
surance Of the state Of North Dakota, do
hereby certify that the foregoing is true
abstract Of the original statement now on
die in this office.
i In Ie6tlmO0y WHEREOF, nave uercu0tO
set my hand and affixed the seal OF this
Office at Bismarck the First day Of April,
A. d. 1918.
S. 4. OLsNEss,
Commissioner Of Insurance.
STATE OF. NORTH DAKOTA.
Office Of Commissioner Of Insurance.
COMPANIES CERTIFICATE OF
T w AUTHORITY.
Whereas, The Continental ms. Coca cor.
pOratiOn organized under the laws Of New
York, has filed in this Office sworn
statement exhibiting Its condition, and
business for the year ending December 81,
1917, conformable to the requirements OF
the laws Of this state. regulating the busi.
ness Of Insurance, and,
Whereas, The said Company has filed II
this Office duly certified copy OF Ito
charter, with certificate Of organization In
compliance with the requirements Of the
Insurance laws aforesaid.
Now, Therefore, /, s. A. Olsness. Com:
missioner Of Insurance OF the state OF
North Dakota, pursuaH to the provisions
Of said laws, do hereby certify that the
above named Company Is fully empowered,
through its authorized agents. to transact
Its appropriate business OF Authorized In.
surance in this state according to the laws
thereof until the 31st day of March, A.
In Testimony Whereof have hereunto
set nv hand and seal at Bis!aarck, this
First Day Of April A. D. 1918.
s. A. OIcSNESS.
H Commissioners Of Insurance.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-20
ABSTRACT OF STATEMENT.
For the Year Ending December 81,

OF the condition and affairs of tho
The Continental Insurance Company Of
New York, organized under the laws Of
the State Of New York, made to the
Commissioner Of Insurance Of the State
q. North Dakota In pursuance Of the
s President, Henry Evans. \
Vice President, +. w. Koeckert
Secretary, Ernest Stnrm
Principal Office, 50 Maiden Lane, New
York City. "A D " 'S",a
Attorney for Service Of Process in the
State OF North Dakota: 21 ge7.TI
Location ..,...............
Organized or Incorporated, January 1853.
Commenced business, January, 1853. s$
@ CAPITAL.
Amount Of Capital Stock
paid up in full .......... s 10000, OO0. 90
The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-20
s5e,ses.o0
115,ss7.7e
4O,o34.16
40.O34.16
STATE OF NORTH DAKOTA.
Office of Commissioner Of Insurance.
i. COMPANY'S CERTIFICATE OF
AUTHORITY. G

b. = d . p P
Whereas. The Union Central Life In.
surance Company, a corporation organized
under the laws of Ohio. has filed In this
office sworn statement exhibiting Its
dhpdition and business for the year end
fngsDecemher 81, 1917, comfortable to the
requirements of the laws Of this state,
regulating the business of Insurance: and.
whereas, Thsusaid Company has filed In
this office aadGly certified copy Of Its
charter with certificate Of organization In
compliance with the requirements Of the
Insurance laws aforesaid.
Now, Therefore. 1. 8. A. Olsness. Com.
missiones OF Insurance Of the s6te OF
North Dakotl. pursuant to the provisions
OF said laws. do hereby coy ify that the
shove aamed Company is fully empowered:
through its authorized agents. to transact
It's appropriate business Of Authorized In
'surance In this state according. t. the
laws thereof. until the 3lst day OF March,
A. D. 1919.
In Testimony Whereof. I hav" hereunto
set my hand and seal at Bismarck. this
First day of April. A. D. 1913.
isEAL) $. A. OLSEESS.
Commissioner Of Insurance.
The weekly times-record. (Valley City, N.D.) 1912-1922, 1918-06-20

Net amount paid during
the wear for losses. .$2l ,7O3.37
Paid Policy. holders for n
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
IN AND OUT OF TOWN.

Mrs. George j. Bull and her daugh-
ter Miss Agnes Bull. who have been
visiting friends in Atlantic City, are
now in Fauquier County for an eH-
tended stay.
Mrs. Charles Cowardin has returned
TO her home. after a visit TO relatives
in Norfolk.
Miss Elizabeth Hill has returned TO
Roanoke. after 4 visit to her sister
here.
Misses Mary and Helen Doniy, Of
Richmond. are visiting friends and
relatives in Norfolk.
Mrs. Mabel Lohmann has left for
Washington and Baltimore. to visit
Lieutenant and Mrs. A. p. Beckworth,
her sister, for brief stay.
Mr.. and Mrs. w. r. Russell. of 21l7
Floyd Avenue. and MFR. and Mrs. a.
j. Strobe. OF 21ls Floyd Avenue. left
to-day for Atlantic City.
Mrs. Lizzie Devereux. OF s02 East
Leigh Street, accompanied by her
daughters. Miss Violet r. Devereun
and Mrs. J. T. whitley. is visiting her
son. Private owen r. DevereuN, OF the
field artillery at Fort Merritt. y. j..
Mrs. DevereuS expects to return to the
city al end of the week.
Mrs. B. r. Cowherd, Jr.. of Burke
vile, Is visiting Mrs. Frank d. Henley.
on Brook Road. for a few days.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
SOClE ETY.

e ssvSy given s,, for Sillsers in the army s and
81 the Westmorciand Club Saturday
evening from $3.50 to 1880 o'clock. Mrs
~ Hotchkiss Ia general chairman
snd, MS we'll as for tho dance given
~ the Army and Navy Club for SOL
e,ers. sailors and marines. The chap
goreiand cuS ineiade at Mr she A Mes.
Dung, Mrs. j. Allison Hodges, Mrs
H r.. W. Kern, Miss Martha Robinson.
Mss Mary Baughman. Mrs. James Wat
R.ns' Mrs. Percy Digges, Mrs. B. s'ew-
ars Hume, Mrs. Robert Pegram and
roc only nfty girls will be invited to
meet the officers each week at these
a aa,n, AND the girls attending Will be
Home Wedding
c,a The G Wedding Of Miss corInne Isabel
Mrs. William Goodman. was celebrated
yesterday afternoon at $3.50 O'clock in
M she home Of the brides parents. 1890
Salisch ofiiciating: No Invitations
were issued and the ceremony took
pf asI,d IN the s presence Of only the Two
was her sisters maid of honor and only
attendant and Berthol Vance Good
ina mhan; rr OF New e,:, York City. brother OF
wing to the illness Of her father.
The bride entered the drawing-r room
WIN her brother. Emile Clara. OF Bal
Mrs Mrs. Goodman left for a wedding Jour;
ne Gey tina, will include the Lakes and
canada, and on their return Will make
their home In this city
For the Red Cross.
An attractive benefit affair Of this
lawn party to be given at "Dogwood."
the country place Of w. Gordon Harvie,
near Mattoax, on Saturday. Music
the aviation camp at Richmond, and
dancing Will begin promptly at 8
O'clock. The affair is given under the
League and all Interested arc cordially
Invited to attend.
The program will be n most interest
Ing on eand refreshments will be served
Richmond people Will motor 10 Mat
toax TO attend the affair.
Waiting Here.
,; Mf and Mrs, Fred l-il!house. Russell
house OF New Rochelle. y. y. are the
guests of Mrs. Frank D. Henley. on
BROOK Road. Mr.. and Mrs. Millhouse
moiored TO Richmond in their car and
VIII spend several days here. en- route
Tor Newport News
Hook Day to De observed.
Book Day" will be observed to-day
and Friday Of this week by the west
hampton College Aiumnae Associa-
tion and those interested are asked TO
contribute books, magazines and sub
sseriptions 10 magazines; The associa-
tion is establishing library for the
soldiers In the United States Hospital
al "esthampton. One member viii
be at the following stations each dag
to receive contributions: Hunters. Mil
Ter & Rhoads book department, First
National Bank. Wrights Drug store
and the Church Hill Bank
Ounce at the Fnfr Grounds.
An attractive AFFAIR OF this evening
Will be the dance given by the rnechan-
ics training school at the Fair Grounds
In the auditorium. 4 number of prom
inent women will chaperon the affair,
and many Invitations have been Issued
for the dance. The band from the avia-
tion camp Will play throughout the
tVeninE.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
AMERICAN BOYS SAVE PARIS.
DECLARES NOTED WRITER
Anna Stcese Richardson Returns From
the Front After Visit Of
Four Months.
1915. Wheeler Syndicate. Incl

CAMP UPTON, y. Y. August 22-
That the appearance OF the American
boys at Chateau hierry saved Paris
and the war was the assertion of Mrs
Anne Steesc Richardson. the writer and
novelist, just returned from a four
months visit in France. in a speech TO
Upton men here to-day
There were only WORKOUT terrific
rails between Chateau-Thierry and
Paris TO withstand the enemy. who
was pressing in on that sector" said
Mrs. Richardson.
Newspaper respondents told me
that there seemed no hope for Paris:
mat they expected the city to be sack
cd and taken. During the crisis the
sold of Paris and the small children
were removed from the capital. But
The appearance OF American troops at
Chlteau-Thierry. fresh and eager for
the fray, turned the trick.
The presence Of the American troops
and marines so chccred the tired vet
Grams that they fought with renewed
viEor and the combined forces turned
defeat into victory and pushed the in
Naders back"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
ASPERSED HIS PATRIOTISM,
SAYS HECKSCHER IN SUIT
Asks 100000 Dnmuges From Two
Women Prominent In Long
Island Society.

HUNTINGTON, L. l., August Ell
Alleged reflections on the patriotism
dents. Of the local millionaire colony
have been made the basis for a suit for
100000 damages brought by Mr. Heck
ston and Mrs. Dorothy Van Schack
Kelly. both prominent in Long Island
society.
Mrs Johnston is alleged to have
made the remark at luncheon in her
home that she doubted the loyalty
to the United states OF it's citizens of
foreign birth" She is alleged to have
said: The hoatHan said that Mr..
Heckscher's boat went out every night
at l o'clock"
NJ. Heckscher, who was born in Ger
many. says these remarks implied that
he was aiding the Germans. whereas
port of the United States. financially
and otherwise.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
IF BOMB MISSES, GERMANS
BEGIN TO YELL "KAMERAD'
st. Louis BOY Tells of How Marines
Took Hun Machine-Guns, but
Met Little Resistance.

ST. LOUIS, Mo-. August 2l.-An in
teresting description OF an attack by
United States Marines on a German
ma chine gun position is given in 4 let
ter by Henry a Bauman to his father
here. He says he is suffering from
sores caused by gas. but otherwise is
all right. He says his company in sew
eral fights have killed more than 500
Germans and captured 500.
"Our battalion was picked to take
a very strong machine-gun position
held by the Germans" Bauman writes.
"They were dug in in a large strip of
words. and the big rocks made the po-
siton what looked to me like a regular
nest of fortresses.
TT sure was a sight as we marched
across an open field in a valley, about
700 yards. There were three waves
We scared the Germans so badly.
though. that they never tried to hold
US, but beat 1t, leaving lot of guns
and ammunition in our hands.
I'VE dug in. expecting a counterat-
tack which never came. The next day
we made another attack, where they
fought like hell for a while. but the
boys waded through their machine-gun
fire and made such quick work of them
that they broke and ran again.
1T was the first time ! heard the
Hun yell Kameradr which he sure did
They throw bomb at US, and IL it
Kills us they stick while longer. If
it doesn't kill US. up go their hands
and off go their helmets-Kamerad!
"We captured 800 prisoners. thirty
seven machine-guns and one trench
mortar--that Is. my company did. AL
together we killed 500 boches and cap
tured 500 prisoners, besides a lot Of
machine-guns and several pieces of
artillery.
outside OF shooting at us with ar
t!llery and gas for the next few days,
the boches let us alone"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
THINKS SUBMARINES INTEND
ARMlNG CAPTURED VESSELS
Captain Evans TelIs of Eight Days
Spent an Prisoner on crowded
I-ROaf.
tBy Associated Press. J

WASHINGTON. August 2I-Eight
submarine which was so crowded With
men that there was scarcely room 10
sleep. convinced Captain David Evans,
OF the British steamer Penistonc sunk
by the L boat, that more exploits like
the arming Of the fishing schooner
Triumph are contemplated by the Ger
he reported his experience to naval
officers: Captain Evans explained that
the submarine carried ~ men, more
than twice the number OF normal
crew. and his impression was that its
ofhcers intended TO convert some con-
Nerted ship into raider or use the
Nesse! as a mother ship for C-boats
though II has been reported that dou-
BILE, crews are carried on submarines
IN order TO train enough men TO keep
UP the warfare.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22

Palmer mrs, suspicious as to the con.
nection between the Bayer Company
and The subsidiary were CLEANED by
special agents In questioning Christian
Stamm. the Providence representative
OF the Bayer Company with Wow
to his interment as u dangerous enemy
alien.
Mr.. Palmer declared the first step
after organization of the Williams and
Crowell Color Company was the pur-
Williams and Crowell Color Company,
of Providence, for 100000. with funds
Of the Bayer Company. At that time
possession an option for water front
site at Edgewater. \. j., which had
been secured by Seebohm
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
LORD READING PRAISES
AMERICAN WAR FORCES
Part Nation Played In Preseut CONFLICT
VIII Rank ms Notable
Achievement.
tDy Associated Press. !

tbs .NsSOS.ateu PreSs
LONDON. August 2l--Lord Reading
the BRITISH ambassador to the United
.tateS, was the guest of honor OF the
american Luncheon Club tonight
three hundred persons attended. in
Guiding the Japanese. Italian and Chi
lean ambassadors, the Belgium Minister
Lord robert Cecil. Winston Spencer
Churchill, Vice Admiral Sims and sew
tinued illness of Ambassador Walter
II. Page prevented HE attendance. The
luncheon WAS presided over by John
:. MacAfec.
Lord Reading. after referring to the
success OF his mission in America. re-
fcrrct. TO the general good will of the
United states. expressed his thanks for
That country's tribute of high admira-
tion FOR the efforts Great Britain had
made in the war and the valor and
heroism OF her soldiers and sailors
which could only be described as '.one
of affection and love-"
Whui he first visited America I'm
1915, he found the country neutral. but
sympathetic. On his second visit he
found America at war, and added:
Whenever the history OF the war
comes to be written as TO the part
America played, very high will rank
the achievements or the administra-
tion and legislature which passed the
selective draft On his third visit he
found that preparations were proceed
ing with redoubled energy. He de-
clared that the events in the beginning
of March had awakened America and
added:
Il shall never be able to give cx-
preston to, the sympathy shown"
When the demand for men was made.
that winch seems an impossible thing
became a living thing almost as soon
as put forward. At the same time the
British found ships, cost what it may.
ana Whatever else might happen, Amer
gratitude of Great Britain and France,
LORD Reading reminded.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
SEATTLE TO LAUNCH SHIP
VIII To-Day Observe Centennial of
First .imericRn-Built Ocean
Going Steam Weasel.

WASHINGTON. August 2l-The CEN
icnnial anniversary of the launching
OF the first American built ocean-Eo-
ing steamship will be observed al Seat
tie tomorrow by the launching of a
3 50o.ton wooden ship at the Meacham
and Babcock shipyard. The new yes
sci was built for the Shipping Board.
The first American vessel was the Sa-
vannah named after the Georgia city,
where IL was built.
In telegram to-day to the Meacham
and Babcock Company, Chairman Hur-
ley expressed the appreciation of the
board 10 the workmen of the company's
yards. and said tho launching to-mor-
row would be hitting observance OF
the anniversary.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
FORMER GERMAN OWNERS
SOUGHT TO RETAIN CONTROL
Arrests in New York Disclose Clever
schenie With Several Dummy
Directors.
tBy Associated Press

lBy Associated Press.1
NEW YORK, August FLA scheme
Whereby the former German owners of
the sl0,o00.000 Bayer Company. manu-
lecturers and importers Of drugs and
chemicals. now In the hands of the
government. hoped to acquire a sub
stantial part of the company's bust
ness through organization OF a subsid-
larry company, has been frustrated, A
Mitchell Palmer, alien property Gus
todian, asserted tonight in announcing
ne had taken over the Williams and
Crowell Color Company, Inc, Of New
York. with s25o.ooO in undisturbed divi-
dends.
According to Mr.. Palmer. the VIII
!iams and Crowell Color Company. Inc
was organized with dummy directors
and stockholders by Charles j. Hardy,
New York lawyer, and Herman c. A
Seebohm. director and secretary of the
Bayer Company, on January II, last
and was financed with funds OF the
Bayer Company.
Seebohm. former director of the
Bayer Company and four other men
connected with the company. were ar
rested to-day by agents of the Depart
ment OF Justice and are being held for
investigation as dangerous enemy
aliens. The other men held are Dr.
Robert ]. Pabst, Adelbert S. Egin and
Carl a. Heiseer. of New York. and DR..
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
STEEL TRUST GIVES FUND
Salvation Army to Receive 100000
With Which to Garry on
War Relief,

NEW YORK, August el-The gift OF
100000 by the United States Steel
Corporation 10 the war work fund OF
the salvation Army in America was
announced tonight.
The gift was turned over TO George
Gordon Battle, who is chairman of the
general war work committee Of the or
letter from eN-Judge Ebert IL. Gary.
praising the work of the Salvation
army workers at the front.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
ASK Speaker Clark to come.

DANVILLE, VA. August al.-Speaker
Champ Clark. of the House OF Repre-
sentatives, and Lieutenant Governor
Buchanan. of Virginia. have been asked
to come TO Axton on August 81 To make
an address Al a large celebration which
viii take place there on that day. The
fete will be in the nature of a cele-
bration on the completion of the Henry
County turnpiEe
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
Western Veteran passc. Avay.

ATCHISON. KAN. August 2l-Mich-
ael a; Grady, who worked as freight.
who died here recently, was a veteran
of the Civil War and was we'll ac-
Bn5. aud General George Custer. He lie
also took part In many of the events
described by Mrs. Margaret Hill Nc
Garter In her novel of the West, The
Prince of the Prairie"
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
Hear, brother i. Killed

DANVILLE. VA, August 21.-Mrs ].
B. Cakes yesterday received a telegram
from her sister, who is visiting In New
Brunswick. that their brother. Lester
Wadman. has been killed In action in
France. Wadman enlisted with the Ce-
madam forces, and has been over there
for three years.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
CurtI, pe,, Arre,tcd n, Dc.crt.r

Curtis Bell. alleged director from
custody in Richmond by two of the
city traffic officers and taken to the
cantonment. where 1t was learned that
he had been rated as a deserter from
the United States Army. lie had dis
carded his uniform at the time of his
arrest
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
woMAN's MEETINGS.

The Business woman's Club will
meet Saturday, from 2 to $3.50 o'clock.
on the lawn IT the home of Miss Mar
garet Racket, Hawthorne Avenue.
Ginter Park. Those attending the
meeting may get off at Stop 81. on the
Lakeside line.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
Wrecks German Plane.

Wrecks Gcrman Plane,
WITH THE AMERICAN ARMY IN
FRANCE, August 2l.-Lieutenant Rob-
art s, Gates, Of Spartanburg. S. c., has
been ohacially credited with destroy
ing German Fokker acceptance
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22

TimeA-Dixpatch Want Ads circulate
seven days week among thousands
OF people. ThcN are result Producers.
Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-08-22
MT. ST. JOSEPH'S COLLEGE

Notsd for excellence OF its courses. which
i pns. Msnisine Denti.,ry Law and BuJneIa
Magical Association apfTH fSb NIB by =, AmerSa9
and phts iSal IDEALS. College under Ilrection
g. haverian l3rothers. Special department
ior boys over ~ years. Write Tor Catnlor I,
H. 81. ImIon;tne= ames- Director. Station D.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1918-01-14
OTTO H. KAHN.

nizable theory of taxation. 1t
omits certain consumption, luxury
and stamp taxes, which every other
belligerent nation has imposed
taxes which would hardly be felt by
the masses of the people. which in
the aggregate would produce a very
large sum. and some of which more
over would have the directly bene-
licent effect OF encouraging or COM
polling saving. For instance, why
is there no tax on the employment
Of chauffeurs and other male SER
wants? Why no tax on users Of
automobiles? Why no tax on gaso-
lene? Why no tax on chocolates and
candy? Why no tax on checks 4?
Why not small tax on tea and
coffee. especially the more expen-
sive grades? The list OF similar
queries could be extended to weari-
some length
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1918-01-14
PRESENTS RIDDLE.

Those who would go further and
cOnScript not only income but capt.
tai, would ask to answer the rid
die not only in what equitable and
practicable manner they would do
it but what the Nation would gain
by it. Only a trihing fraction of
a mans property is held in cash.
If they conscript a certain percent
and bonds, what would the Govern
ment do with them? Keep them {?
That would not answer its purpose,
because the Government wants cash
not securities. Sell them? Who
is to buy them when everyone's
funds would be depleted? If they
cOnscript a certain percentage Of
a mans real estate or mine or farm
or factory, how is that to be ex-
pressed and converted into cash ?
Are cOnscripted assets to be used
as basis for the issue of Federal
Reserve Bank Notes? That would
mean gross initiation with all its at
tendant evils, dangers and decep-