davidaulloa/AmericanStories huggingface dataset:
The Tomahawk., 1919-07-10
MAKING STUDY OF oLcANoEs
Department Of Agriculture Has Taken
Up New Line, Which 10 Bound 20
BE Of Interest.

The department Of agriculture has
begun the extensive observation Of the
volcanoes within it's borders and in
sular possessions, and has recently
taken formal charge Of the observa-
tory on Kilauea, Hawaiian islands.
Prof. T. A. Jaggar. Jr., formerly of the
Massachusetts, Institute Of Technology.
who has been director Of the observa-
tory since its foundation, will remain
In charge. The Investigations ut Kill
nuea were begun In 1912. under the au-
spices Of the Massachusetts Institute
of Technology, and since 1913 have
been maintained at the expense Of the
Hawaiian Volcano Research associa.
ton, consisting chiefly Of residents OF
Honolulu. /, It Is expected that the
weather bureaus work in volcanology
will be developed in many details and
eventually be extended to Alaska and
other regions under the control of the
United States in which active vol
canoes exist. <e ss
The Tomahawk., 1919-07-10
NEVER KNEW HE MAS BEATEN
That Quality, Among Many Others,
Accounts for Andrew Jaekson's
= Rise 70 Greatness. a..

The boyhood friends Of Andrew
Jackson, SO the story goes, could never
quite understand how Jackson became
so great q general-not to say prest-
dent-while the rest Of them remained
simple pioneer citizens at home. Z
"Why, Jim Brown. right down tho
pike here" they said, ''could throw
Andy three times out Of four; and look
where he is now! !" @ 55ge. =.
"How did there happen to be q
fourth time ?" asked some one. ''Usu-
ally it's three times and out, isn't it7''
"Sure 1t Is. But Andy, you see.
never had the sense to know when he
was beat. He would never stay
throwed. So, by and by Jim would get
tired out throwing him Ind stay,
throwed himself. And then Andy
would think he'd beat him." 4
There is a whole sermon in a nut
shell in that simple little anecdote.
The thing that counts Is not how many
times you are "throwed," but whether
you are willing to "stay throwed.
4 Your adversary, whether he be 4
person or misfortune or a difficulty.
or just hard job, can be tired out in
the end by throwing you just aS sure
~, If not as swiftly, as by your throw
ing him. 1t is merely question Of
which of you gives in-in his mind
first, and 'stays Fthrowed." Remember
that youths Companion.
The Tomahawk., 1919-07-10

q An Esthonian ofseial esmuun301e0
received st Copenhagen says the NJ
thor,ians on Sunday recaptured tho
towns Of Wendens and Rooper from
the German landwehr and are advanc'
ing along the whole front. -. -. - 4
= It is reported. at Paris that the
French army rehabilitation will pc
carried out with all possible speed
and that the classes Of 1907, 1908 ana and
1909 will be mustered out the DAY
after the treaty is signed. a, .s,. .sI,
A number Of soldiers have been ar.
rested in Weimar, according to an
Exchange Telegraph dispatch from
Copenhag gen, on; charges Of having
planned to seize and murder Pmlpp
Scheidemann, the former premier.
(. ..... =" Mss - r.
A London dispatch says most OF the
great German feet lies at the bottom
of Scapa Flow, scuttled by the men
who surrendered last November with
out firing shot. The German Crews
opened the seacocks Of their vessels
after hoisting the imperial ensign TO
the mastheads and attempted to es-
cape to shore In small boats. Some OF
the boats were caught by gunf1re 1rom
the British guardships, and numDes
of their occupants killed. ~. =.
The Tomahawk., 1919-07-10

Luverne.-The contract for gravel
inss 1914 miles Of STATE road, calling
foa an estimated expenditure Of t60s-
066. has been awarded to Mankato
construction company by the Rock
county board OF commissioners. Seven
mfIea az gravel will be put on the Ash
Creek road and the remainder viii 90
on the hiRhway leading from Luverne
to the Iova state line.
Northneld.- Several large farms
have changed hands here, and the
The Tomahawk., 1919-07-10
sIan,rnino Herself. !

There had been quarrel. Every
body could see that, the minute they
came into the car. The. woman sat
with rigid jaw, her hands folded for
biddingly. The man scrooched down
on his spine, and glowered at tho
signs across the aisle. The car won
dered. Then there came dead 81
lence as the car halted to let OF .
passenger. Into the silence came the
woman's voice.
''sH It wasn't for me you'd be tho
biggest fool In San Francisco!
Then for the first time the maA
grinned, and the others gtinned with
him.-San Francisco Chronicle. +
The Tomahawk., 1919-07-10

Watch cuticura Improve Your sltln.
On rising and retiring gently smear
the face with Cuticura Ointment
Wash of Ointment In five minutes
with Cuticura Soap and hot water. It
II wonderful sometimes what Cuticura
will do for poor compledons. dandru6,
itching and red rough hands.-Adv.
The Tomahawk., 1919-07-10
Resuseitation Record.

What is said to be the record for re-
suscitation from drowning was accom-
plished by United States life-savers
after the victim had been submerged
for six minutes. Among great many
persons the erroneous belief exists that
persons can be resuscitated after hav-
ing been In the water great length
OF time. Cases have been known where
resuscitation methods were used for
hours utter the drowned persons had
been under water for a half-hour. or
even longer. Thus It. will be seen that
drowning is q quick death and the
hazard OF the water correspondingly
treat. st..
The Tomahawk., 1919-07-10
~. ~ to Hi. Name. Ai.o.

I Acts Up TO His Name, Also.
'sMeanleigh Is quiet enough ordtna'
rily, but somehow collectors for chart.
table purposes dread to 90 near him."
II guess he acts like a bear then be-
cause he's foxy. III,
The Tomahawk., 1919-07-10

Especially Sense Of Harmony. d
my wife doesn't sing any more"
sDid she lose her voice3"
sNo: she found her senses"
The Tomahawk., 1919-07-10
Iappe eniings
of the World
ersely $ Told !: ] !.
Sporting

Frank NJ. Trech of Vancouver,
Wash, broke 492 targets out Of q pos
lsible 500 and won first honors in four
days shooting at the Northwest
iSpOrtsman's association annual shoot
Ing tournament at Portland, Ore.
The Tomahawk., 1919-07-10
Peace Notes

The Danish government has pro-
tested to the peace conference at
Paris against acts of the Germans IN
Danish Schleswig. ~ j.
The German government At Weimar
formally communicated it's willingness
to sign the peace terms unconditional
II, it was announced by the French
foreign Office at Paris
The Tomahawk., 1919-07-10

Many man who claims to be dis
Greet II only q coward.
The Tomahawk., 1919-07-10

{. True. +. i,
.Tve noticed this bout apologies"
''What?" %T %4S= s.
!. They're usually worse than the
original insults"
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
ABOLITION or SUBMARINES AND
USE or ONLY ECONOMIC MEANS
OF WARFARE MAY BE DECIDED
UPON BY LEAGUE COMMITTEE

London, Feb 3d. The uhoiun OF submarines a, war., may
be drcdcd upou N the league of nation, committee during
week. according tbr pI, correspondent the Mail chat
this of 'h understanding, which rrasod during
the conference Friday between President Wilson Coluc
House Gcu.Ju and Lord Robert Cecil probably ui lt
proposed m F plank, Of . platform no , mi,
week during which hoped the leagues constitution may br def
uIicIy formed
powers said 90 have sounded all uU, h, point
After .craVp,ng tu Submarine The correspondent ' b.
understood that recommendation, will be- made that the
weapon take the place of a other weapons Respecting
disarmament the league viii rudcayor work scheme by whr
the armament, of all will be- gradually crtacd point
decided being necessary for defense The league will try
this early enough that the financial
gained win pay D. interest on the world debt
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
AGREEMENT REACHED
IN NATTER OF OIL
LEASING MEASURE
Final Adjustment Reached by
House and Senate COnieroos on
Bill for Development Of Mineral
Lands OF Western States.

w. hiUgtuu Irn. I LONE rAFtIur
controversies boo DunrrrH, over H policy
luukIur ip the upnuur aui develop
mon. ut ui EH" HuI cutl iHuiH u
western riatts aun Anatu wrfe tI-
IuHfru today With co.. r,achuH uf
luH agreement bi h5uso and senate
,uufrrrrs upon ths ul lrasiur hi1
Under Ifs prIN luus more than ln
5000. 5000 HDfeH ut uil rHa. coal phns-
unl'aH and sHuIuU puuUC lHuis uiHN
ID opened fur rIu. pvrtug un1cr re-
TEASING HuI patent atHttu. which nr.
DurlIuE tu senator I,.tmu. chairman
ui the HvuHt" managers. also VIII
NrIrf about Hnttlpuonts ul thr dir.
pufy over tuH development of tlt
California md Wyommg naval OH
rrFtrNga.
The principles Involved in the mu
hlyr been under discussion m c1u-
Errsr FOR -four yeats ana have been
the subject uf constant disagreement
between the house and senate and
representative ul the various tAnUu-
live departments who would uc called
upon Co administer The act
Under the Hrr,vWrut tho aHrrr-
HH OF the interior would have au.
thUriN to srtut u pro- peruur permit
for muus outside nf tho uakul roaHrNe
tO rn applicant .ar ti1 acres located
within teu mill. uf any producing lii
ur rla nrIi uf $500 acres beyond
Chat distance Upon discovery ul ull
fnr rrurpurtnrs would ho permitted fu
obtain lDIsn uuuu one fourth ui thla
band. with t preferential rlrhi to intrt
thr remaining uuuuteutrd lands rm
rtH,r1 within the umua uf h.s per.
NIT Doc Dlrh case hr would p.N tha
government a royalty 20 not lees thuu
enc eighth uf the gross value the uil
br Ea produced Prior 20 obtaining
lease. uruHpHciurH would boz required
90 pay "a royalty ~ twenty per cent
IhD lolrt would he Tor twenty years
at a rrutf rate ufitt por acre,
Tine house provision affecting naval
OH reserves was adopted by the con.
fyrpps ludor iis provisions, upon tho
surrender of rliu ~ Title 90 land
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03

within tnsso areas. the claimant would
no given "a lr1Hs. This provision hns
been one of iho bones of contention
in the inll navy dcpAliment Officials
oppua.nE lcri 'ttIun that wouil prrr't
the OPENING ui the mntul uii reserves.
The bll provide tho following rc.
Ncf ior claimants within tAe navel
roarrkef
'rhat us 10 ail such cllimu Hiuai-
"a wilhih ufIgHiruIn reserves To- uru-
1urinr uenH fhrfruf nriv shHu b.
leased tuFrfuot with HH HrrA nf iHud
sufficient Cor fuU operation tNrsruf
upon th0 terms and payment uf roY.
Hlut Cor UIrf fud fufurO Production
ts hrfriu provided fur Boo fho leasing
uf riaImH $50 Wrir snHn hD drilled
loo thr nnd subject tu this provision
within $500 frrI OF unN such leased
wol withuut thr runH,ut ui tle lessee.
Provided. however that fhc prr idrn.
may Iu hIr discretion. ionsH fur TO-
wuiulur OF tuY such claim uUur whIfn
such Wrlia hHFp boon dIIllnd und said
claimant nr hif aurrfffur Hhnll have
IL preference rirht 10 such ioaHo. Ana
provided further. thar he may permit
thn DRILLING ~ additional wDiis hi tho
claimant ur hIa Hurruf nr within liu.
tfd .rrt ul GOO feet heretofore pro
Nlird fnI upon such terms tnl CON
hItuNH H. N. WIN lrrHrrlhU
for DiHIH.l utHItn uf naval ru-
serves tIe fuiiuwiuE provision b.
mHat
"tlnu rUNnlu hmrnH fr the
United sfftts fIrd boo fhD ErurHi lHud
office wIfu.u HIH months HffD thr fn.
prevail nl thiH Hrt uf lN rrhi ufir
bod tuufesf claimed aud nHe- Uf
claimant hrreuni ur his predecessor
If Inff ff.f Hfnutf dino UrH. . b. ."U.uH UHs
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
EVERY UNION WORKER
IN SEATTLE TO WALK
OUT NEXT THURSDAY
Sympathetic Strike Is Announced by Publicity
Committee of 10 Unions; Movement Is to Aid
25,OOO Metal Workers Who Have Recently
Quit Work in Shipyards; Newspapers to Be Tied
Up Is Belief.

Seattle, Washington Feb o.. Every n Seattle will
walk general strike 10 THURSDAY, according
announcement ISSUED today by publicity committee which
named yesterday representatives OF 40 unions.
tn, snkc 90 bee called mpahctie help 5000
striking trades workers who walked oF Seattle ship.
yards rcceui, pr'ss their claims for pay
Union leaders hope TO extend the general strike Tacoma
other localities, the announcement said.
Seattle probably will walk lrng the strike carmen
having decided walk Newspapers may suspend the
Typographical union voted go has asked international
body to sanction the walkoui
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03


when tha packers were before
5 uu. be- tui tho committee. "thev
HuId one uf th hrst proofs of tho n.
HplrtonUss cd thr federal trade
rnfWisslun' report was thar be- GOV
cred ouiy The packing end of tho in-
dustry Thcy failed to aHy they had
opposed complete inVrHfI.tuun
such an luYtHtIga fluu would have
robbed them ~ she argument that
the producers and not they. were
making the hie profits ON meat"
Mr iHsutrr introduced letter from
". . rltllmHu. former rh.f uf Che
lure1u 90 farm management 70 thn
department uf agriculture. fu fuurn.t
charge fhHt rf friHN Houston rD.
Hrlri Tho iuttHIr cation uf tnr proc
durtrs t5 rrIuaIur tu authorize thH
appointment ut unpDu utDHtrafurH
At ~pIuum aHIi Iu thc iHft.I thHt
Secretary iilusfnu fnl. hiW thU lu.
Nf.fIEttIuu shuulI Hr IIsruutluuHi ru-
urrl HrrHusH thr farmer was not enc
Utl,d tu Huy information on tho sub.
iegi. hui finally consented fu the APP
Ioinfwtuts after pressure whs
brought Gee bear uu him
"The only wr over made OF such
Information. t'is secretary WHH QUOT
Dd uH elNluE. tH fur url'.tur Nlu
iiuDI Yi Nurth Dakota. u Hl uut tHd
HfII ihD fIrWntr win It
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
DIRECTOR GENERAL
DOES NOT BELIEVE
IN U. S, OWNERSHIP
Hines Favors Organization Of Few
Large Companies Under Close
Government Supervision. He
Tells Senators.

Washington. fsb. g. director Cen
trri hI"ts. trsilying fodH, before tho
senate Interstate commerce commit
fUe. declared be did NOE believe IN gov
'rnWrut ownership, but tn orHaniEa-
vision.
~ 90 hot hoileyc there In anything
substantial ir the argument that q
hNn year extension % government 0p-
rrati,n would rtcran m, mean zoN-
efnmrut ownership Mr. Hines said.
believe there can BE- form of rad-
iOtllY reconstructed private ownership
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
DOTS AND DASHEs

Stuvkhulm r,trnurHl ''s h"".
numnurdod hy Frpustldt artillery and
many people KILLED. u,,'Iuul., - bee
puJH 90 Finnish papers
Vienna. The advance uf Tho BIOL
tb,,Ik urunpa into tho tkrt.ur hua
tump,lIed ihr t'hruInIuu government
Co move The scat oi its government
'ruu kIu, to Mlnuits1
Washington Congress fucos the
IuseHt week of rh, shIrt -essiOU vftu
final enactment of th" war revenue
hill legislation 20 vuudutt mturWu
Wuu Contrncta uud the OBJ land leasing
hill, regarded ua the most urE,nt mni-
t,iH ON hand
Paris. The situation n pouur'l
is uncertain and conflicting reports
have been received here. The loNpi-
lists and tho monarchy both claim
FI.turf.
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03

first d,duttiur the actual and neces-
farY eNutrsea - such production
Provided that not more than ono-
hnf ~ the area within the geologic
90 ~ gas structure Of producing oil
ur sas iifli shall be leased 20 any one
claimant under the W, tlnlons % this
leriun when tne AREA % such geo
logical OIL structure exceeds oto acres.
ANY claimant Or he Hucroasor sub
isci 20 this limitation shall however.
have the rlrht % select ant recnive
The lease Hs IN this section provided
fur that portion % ais claim or claims
eIuli iu. hut not IN excc1u %. naid one
fllf of the area ~ such eeoionic on
structure"
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03

Washington Feb Edward C. Lasater member of the
the National Livestock formerly connected with
the food before the
today that the food administration and department Of
agriculture aided the five leading packers obtaining monopos
control of the meath industry
is vd al w b
packers illegally against rrs Mr. said" tina
q
III the mca sion
by under guo o
shes p cpackcr preventing nnyrt @ the el .ue
lpuN,s uinu uuystp fed
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
GOVERNMENT AIDED MEAT TRUST, CHARGE
TODAY
IN THE NEWS
When France Was Bravest
a Serious Charge

ITO WHAT lengths Frame,
went IN order 10 avoid O.
clash with Germany is dru
matically told by Rene viyiani.
French premier AZ the outbreak of
hostiliiics. We print elsewhere in
this issue his statement before the
chamber Of deputies. ~ being an
important document In the hi,tor,
of the war.
When u Was reported that the
Germans were advancing toward
the frontier. on July 80. 1914. the
French government ordered It's
troops 10 withdraw ten nr twlcyc
kilumcicrs from the lime. despite
the menace to the nation. Il was
not until the German army had
crossed the Franco American from
tier al seventeen different point,
that the restriction on tha chatting
soldiers Of France was lifted. on
August , Aud even then. the
instructions 10 the troops were to
usr only such force as was neces.
sary 10 drive the soldiers Of the
enemy back into their own ,crri.
tory, aud no further Then. and
then only. was war declared.
Forbcaranrc such ~ this de.
serves 10 go down into history. No
one who knows the French nature
can fail 90 realize how difficult a
task it must have been to keep
those poilus they were mo- poilu,
then in leash. Tho word, of their
stirring NarscIllnisr ,ay nothing
about waiting until the enemy yio.
laies the soil of France seventeen
time, before attacking Allnus.
cninus dc lat pairic b. the rum
maud.
Vet the Frcurhmru waited They
allowed ths enemy Goo gain tactical
advantages. for o. b, easier tu keep
The foe out than tu drive him ont.
lWfN NNll'N NNl|'fI 50 |NNN |I'
record would ht kept straight.
waited 500 that pu.irrity could
point 90 Germany and say, f.
Wu. ,ou who plunged The entire
world u blood.
When the history OF the war &,
written. when men can judge ui
values IN their true perspective.
they shall say of France You
were brave when you D. upprd th"
foe u1 ihr Muur you were brave
when yuu drove him from Rheims
ypU were brave when tuu wr,~'rd
Noutiidlrr from hl, grasp. hut
you were hrayr,i ul all during
those last day, uf July. 1914. when
YOU awaited hl, Dissertation ul
your sacred soil before pluugiug
into the attack BY tins restraint
you mpdr sure pt your immortal
place In The family of nations =
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03

serious iH the accusation W"I
u.tIuHl thy food iHmm HiiHtiuu nuI
ihp department uf agriculture rssH.I
inH u,it alleged uIu uf tn, pHrkrrF
monopoly Cumiul Hs H does ruu a
fufm,r mrmh,I of ihr mrat div .un
uI tHr food administration. fhD rh .,
certainly drscrftl attention.
The cost uf living Wni,u IHs H.Uu
a.H|il'd upon fhr pUnul, uf America
during me war hHs causes utno. fnlu
those bHHpd upon Ihr ur.tsHIt.rs .I
war The consumers ot the nation
uHNU hHUn paying tUlutr tu sumc-
Indh 4 Etted Tho federal trad, .0m.
ui.Hsiuu BOO a. recent report about old
us who that "somcbudN' wuM
N iH difnrult tu b.usNp. Iowcrrr
fhu Officials of tho go, 'rumopt thpulu
hp parties 10 Huch au agreement
Nut if such ir tho ,gHr Iur uruNi. oi
the Dnuntn should know H and know
DO prumptN
t.rt there be- ltght
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
FORMER MEMBER OF FOOD
ADMINISTRATION MAKES
STARTLING ACCUSATION

Is Months Administration Has Served
Which Packers Operated Illegally Against the Pubc interests Declares
Acuser; Department of Agriculture Also Followed Wishes Of Packers
Preventing Investigation Of Producers
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03
s,rIkr Norting ,allri

.N .U. I." U.Uf|. ...
..us.|rU f.U .....s HI F,U.I..
fT.EU
The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1919-02-03

SEw MExfCo WEATHER.
Fair tonight and Tuesday, colder
tonight ~ EoaWcli i.scal. MarImum,
~ minimum. Is; range, - ~
o'tinck. ~. south wind. partly cloudy,
tfarr - snow. Generally fair. with
nearly normal temperatures. except
muruinr temperature early days
Yllghtly beloW normal
White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1919-11-16
LIGHTNING DESTROYS
BILL NYE'S BIRTHPLACE
II Was One of the Famous Old
Landmarks of Piscataquis
County, Maine.

When the old birthplace of the
American humorist, Bill Nye, was
burned a few days ago at Shirley, Me-,
1t blotted out one of the ancient land
marks of Piscataquis county. A late
electric shower did its destructive
work. Lightning struck the buildings.
which were owned by Mrs. Dorcas
Mitchell. and fire finished the task,
leaving only smoldering ruins.
1t was here that Bill Nye cracked
his first joke on his parents when. at
three years Of age, as he told the
story. he took them by the hand
and told them that Piscataquis county
was no place for them. leading them
forth to Wisconsin and the life of
Western pioneers. Thereby Maine lost
considerable advertising such as would
have accrued to the state had this
humorist remained In the Pine Tree
state. But he left his birthplace be-
hind him, and Ii was this of which
the town was justly proud. until now
comes the end of the ancient dwell
ing. 1t was the old home of descend
ants Of Benjamin Nye, who founded
the family In the new land Of freedom.
having come from England In 1857.
Perhaps the fate of his birthplace
in this little Maine hamlet would not
be regretted by The humorist were he
alive. For he left directions that his
grave in the little cemetery of Arden,
North Carolina, should be marked by
a simple stone. Now there is nothing
left of the spot on which he vas born
up here in Maine save the traditions
Of the family and a few records in the
towns books.
White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1919-11-16
GROUP INTERESTS.
MUST GIVE WAY
COUNCIL WARNS


Washington, d. O.-The United
States Council of National Defense
composed of the secretaries Of war
the navy, the interior, agriculture,
commerce and labor reiterated today
9 warning to the people of the United
States of the necessity for increased
economy and saving on the part OF
every citizen.
After outlining the causes OF the
high cost of living tho statement o.
The council saidt
The entire nation-producer. dis
tributer and consumes aifke-should
return to the unity that won the war.
Group interest and undue personal
gain must give way to the good oil
the whole nation II the situation Is to
10 sQuarely met.
Our common duty now. fully as
mach ~ In the war. b to WORK and to
ave. In the words Of the President
In his address to the country on Au-
gust Is, 1913. only by Increasing
production. and ~ 4sAA economy and
ssvinEs on the part Of the people,
can we hope for isrgs decreases in
The burdsnsoms cost ef living which
now weighs us down."
The Federal Reserve Beard. in its
bulletin outlining the AnaAcial condi-
don Of the country just Issued. says:
THAT the high psSes lsvsls which
have been attained In the United
States present . grave situation Is
sisar from the attention which eur
rent discussion Of the causes OF in
austrial unrest y directing to the
cost Of living problem. 80 far rs
prontesring practices are responsible
Tor price asgravations. some consid-
arabic mitigation Of the cost Of iiv-
ing situation may be expected and In
feed il already In sight.
The problem Of reducing the high
cost Of living. however. II mainly that
II restoring the purchasing power Of
he dollar. The dollar has lost Its
purchasing power bscauss expansion
II credit proceeded 1t . rate more
,apid than the p~roduction and saving
II goods. The way IN must BE- the
way out. Az the way In was sxpan-
uion Of credit at . rate more rapid
than the expansion Of production and
,aying. the way out must ~ IN In
srpass in production and savfns. TIE
eject of increased saving win b =
reduction In the volume Of purchasing
media in use. and by consequences. .
reduction Of prices also.
That the expansion of credit has
been q considerable factor in our
financial and price situation is clear:
hat 1t is still a factor and n that