davidaulloa/AmericanStories huggingface dataset:
St. Tammany farmer., 1919-08-30
S A V | N G S
SERMONETTE
Number Sixteen
THE WAGE GARNER.

The man who works for
wages is the one who needs
to consider most carefully,
the protecting of his inn
mediate future and that OF
those dependent upon him,
by carrying an account In a
good, strong savings bank.
Doubtless you have noticed
how poorly many Workmen
are prepared to meet the
misfortunes which are uIi-
expectedly thrust upon them.
If the unexpected happens
will you belong to the class
who can come to this bank
and draw your savings ac-
counts and tide you over
difficulty?
ST. ould you ever want 10
get away from the depend
ence of a Wage-earner and
go into business for your
self. there is no surer way
of aecumulating a fund than
By persistently adding to Q
savings account. You DO
not need a large amount
with which to start an ac-
count. You can start with
only one dollar, and a de-
termination to add to 1t.
Thousands Of working
mer have been able to bet
ter their condition in HE
thorugh funds accumulated
in savings accounts.
-uoo SCn39l 10 IaEu3N
St. Tammany farmer., 1919-08-30


dance here Sunday, august 81. 1t
is given for the benefit Of the public
school.
Mr.. and Mrs. Henryf Lamousin are
the guests of Mr.. ana Mrs. Joseph
Lamousin.
Miss Marie Rausch: has left for
New Roads where she will spend
several weeks.
Miss NJ Sharp ana E. Sanders
were guests of Miss Elmina Pons
last Sunday.
Mr.. Will J. Morgan has bought
the BuissQr cottage and is making
repairs on it which will make it very
attractive.
Mr.. P. j. Mcdonnell is returning
to New Orleans after staying here
for five years. We: are sorry tt
lose such good peoples
St. Tammany farmer., 1919-08-30
SCHOOL IMPROVEMENT LEAGUE

There will be a meeting of the
School Improvement League, Mon
day, September /, at p. m, at the
high school auditorium. AS this is
the first meeting of the season and
as the election of officers will be held
all members are urged to attend.
Mothers and patrons who are en-
tering their children are asked to
ioin us. We have many plans in
view, SO join us in our interesting
doings. Meet the teachers who are
shower!ng knowledge upon the child
rem.
MRS. C. H. SHEFFIELD,
President.
St. Tammany farmer., 1919-08-30
FARM FOR SALE.

200 acres, SO acres in cultivation,
a good groom house and good barn.
Will sell for $22.50 per acre. A bar
gain for anyone who wants a farm.
G. c. Thomas, Talisheek, La. au1 16
Mr.. B. Olinde and daughter, Miss
Corinne, left for New Roads last Sat
urday.
St. Tammany farmer., 1919-08-30

stroke of paralysis, Monday. We
are verv glad to know she is getting
along nicely and hope she will soon
be well again. Mr.. Webb CoWart,
her son, from Wilson, La, arrived
Tuesday evening.
Mr.. L. W. Crawford made a busi-
ness trip to the city first of the week.
St. Tammany farmer., 1919-08-30

WOOD! WOOD! ALI kinds of
wood for sale. Oak and pine stove
wood, any quantity, 81 a load up.
Delivered promptly. Coll Phones
27 or 365, or see yours to serve,
w. N. Patrick, Covington. au 23tf
St. Tammany farmer., 1919-08-30

1 FOR SALE-Fine full blocded
White Leghorn pullets and cocker
els. Mrs. Lehman, 1920 26th ave-,
ICovington. La. au30*
St. Tammany farmer., 1919-08-30

ond hand hay rake. Apply to Boz
204, CoVington. au3O*
St. Tammany farmer., 1919-08-30

FOR SALE-Good all round work
horse. 3. Nelson, near ST. Joseph s
Abbey, Ramsay, La.
St. Tammany farmer., 1919-08-30

Own your own choice Covington
lots, $40, SIS cash, 81 week. Com
plete farm $675, SIS cash, SO a
month. Used furniture half price.
DR.. Stevenson, Covla Park. au30
St. Tammany farmer., 1919-08-30
NOTES FROM THE: sHIPYARD.
Continued from page u

to buy the best joke: book he had.
He brought me time schedule of
the road. A man said, conductor,
what are tie chances sot going in on
time this trip? The conductor said
about the same as 1ou going to
heaven. A lady said news agent,
ahve yon got SUM-: He said, no,
I'm not married. She said, young
man, don't get smart; you have the
world in front of you; He said, no,
it's the Times. A man said, con-
ductor, do you have any accidents on
this road? He said, we had big
accident last trip-the train got in
on time.
| shall never forget the ride
took with "Vic' Chatellier in his
Overland. We rode over land until
we got near the big bridge. Then
we rode over a nail Vic is very
religious man. While he was re-
pairing tie t.re lie spoke to God the
whole time.
When we arrived in CoVington
Vic ate some food that reminded me
Of a young man thas is prevented
from running away with the girl he
! es-3ant-e-lope.
There was a big Wooden-weddine
in my eighborhood. The Smith
girl married b1ock-Lead.
Nice little drug store: don't you cry
| You'll be a barroom bye and bye.
Why 90 they have weighing ma
chimes in depots? So that people
can get a-weigh.
In New Orleans yon can get peo
pie to work for you cheap. l saw {
sign in a store window that said
Dickens Works all week for $500
St. Tammany farmer., 1919-08-30

+ We can save you 20 per cent on
Tires anl Tnhes. VIII be pleased to
quote you prices. l.. #. Wei4rli, Gov.
ington, La, Phone 5. au23-jao* =
St. Tammany farmer., 1919-08-30

: WANTED-Waiter girl. Apply at
Dufcrc's Restaurant au30
St. Tammany farmer., 1919-08-30

During the week first class piano
tuner will be found ct the Burns
Furniture Store. Call up Phone g.,
Covingtcn, La. au3O
St. Tammany farmer., 1919-08-30

Why DO they have weighing ma
chimes in depots? So that people
can get a-weigh.
St. Tammany farmer., 1919-08-30
CLASSIFIED ADS.

FOR SALE-Six room house, on
18th Avenue. AL modern convent
ences. Ground 80 feet by $50 deep.
Apply to E. d. Kentzel. CoVington,
Louisiana.
St. Tammany farmer., 1919-08-30

Nice little drug store: don't you cry
You'll be a tarroom bye and bye.
St. Tammany farmer., 1919-08-30

In New Orleans yosl can get peo-
pie to work for you cheap. l saw a
sign in a store window that said,
Dickens Works all week for 5000"
St. Tammany farmer., 1919-08-30

There was a big Wooden-wedding
in my neighborhood. The Smith
girl married 4 block-Lead.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Government Medd.ing
Hurts Business

The fundamental trouble at the bot
tom of all this turbulence in the indus
trial world and this pressure upon the
government to interfere in business at
fairs is in the failure to understand that
there are natural economic laws always
at work accomplishing the end sought
by such agitation, and doing so far
more efficiently and certainly than it
can be accomplished by arbitrary
measures. BY means of these laws ali
the progress of the past has been
achieved. If they are allowed to work
without interference they will work
with great efficacy. but if they are con-
stantly interfered with by arbitrary
.ction the result is nothing but confu-
sion. The government when it enters
the business field is no wiser than
the individual, usually an inexperi-
enced subordinate, who happens to rep
resent 1t, and it is safe general rule
that the more the government NEEDLES
with business, the less efficient bust
ness will be.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Spirit of Cooperation
Must Be Fostered

The Supreme Court of the United
States, by its decision upon the Adam
son law in 1917, established the para
mount authority of Congress over the
conduct of the railroads, definitely set
thing that the rights of both owners
and employees were subordinate to the
rights of the public. President Wilson
at that time also took the position that,
while the right of an employe to quit
work by himself would not be ques-
toned, the right of body of employees
to conspire to tie up the roads could
not be admitted. Public opinion should
make itself felt so definitely upon this
point that this menace will cease
The present Is a time for earnest
appeal to the intelligence and patriot
ism of every man and woman. The
whole world is in distress; no such
widespread visitation Of calamity has
ever occurred as this. The wars and
disasters of other times have been
nothing to it, because no such number
of people were involved. Millions are
suffering for the common necessaries
of life. Happily, the situation in the
United States is not so bad as this, for
here is food for all and as yet, en-
ployment for all. Industry in this
country is not yet so sdisorganized that
production is generally suspended, but
it may be if the reckless counsels of
ignorant agitators Ars followed Thu
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Prosperity Will End Unless
Production Is Speeded Up
George +. Roberts Urges Cooperation to Rescue Old
world From Distress; Deterioration of Crops
Removes Hope for Lower Prices

people of this country have a great
GUY to perform toward the peoples of
europe, in assisting them to live
through this time of distress and to
restore their industries. For this rea-
SON. as well as to restore normal condi-
tions OF life for ourselves, we need to
operate all our industries at their
highest possible capacity Production
OF al the necessaries is the great want
OF the time: Any action that impedes
INDUSTRY, that lessons production at
this time, is an offence against hui
mIanity. The real cause of high prices
has been the war and the interruption
OF industry. There is no remedy worth
talking about except in production, and
yet the whole industrial world is in a
state OF disorder and ineffciency be-
cause numerous groups of wage earners
are Selling upon this situation to make
demands which cannot be granted. or.
II granted. would have the effect Of
reducing production and thus aggravat-
plain.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
New York Banks
Report $4,000
Reserve Deficit
Figures Fall Below Legal
Requirements for Second
Time Since Federal Re-
serve System Began

The New York Clearing House banks
revealed deficit of $4,000 in their
reserve requirements at the Federal Re-
serve Bank. in the weekly statement
made public yesterday This is the Sec
ond time since the establishment of the
Federal Reserve system that reserves
have fallen below the legal requirements.
Reserves in the Federal Reserve Bank
aggregate $508,905,000, a decrease Of
$60,503, 900 in a week, according to the
actual condition on Friday night. The
daily average for the week indicates q
loss of only $24,877,000, indicating that
the lessening of reserves occurred main
ly at the end Of the week and was the
cause of the shooting of call money rates
up to per cent on Friday. Rates be-
gan to stiffen the day before. 81:
The banks have been running peril
ously close to minimum reserve require
ments for some weeks, and bankers we're
not inclined to look upon the deficit as
dangerous, although it is likely to have
the effect of tightening the call money
market for several days at least. The
deficit is many times offset by the cash
held by the banks in their own vaults,
which does not count in the reserves
Cash in vaults aggregated s97,446, 900
Under the Federal Reserve act the re-
serve for banks of this city must be IA
per cent of their deposits.
In the actual statement loans, dis
counts and investments showed a de-
crease of S34,911, 900, compared with the
corresponding day week ago, whereas
the daily average revealed an increase
Of $eS.e6s,0oo, showing that there was
fairly heavy calling of loans toward the
close of the week. The reserve was
lessened by heavy withdrawal of gov
eminent deposits, amounting approx
mately to 20 per cent of the govern
ment's deposits held here. Then, too, out
of town banks withdrew funds from the
call money market during the week, and
in some instances took their funds out
of the city to pay off obligations to
Reserve banks in the home districts.
Then. too, the easier money rates which
prevailed until Thursday induced the
local banks to buy heavily in the ac-
ceptance market.
The decline in deposits amounts to
only / per cent, and is accounted for
chiefly by the cutting down Of loans.
There were no large financing operations
during the week.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Disturbed World Affairs
Cut Exports $50 Millions
Exchange Rate Also a Big
Cause; Surplus Here May
Lower Prcies and Wages
New York Tribune
Wdshin atom Bureou

WASHINGTON, Aug. 22-Fiscal ex-
perts interpret the tremendous slump
in July exports, which fell $3.50. 100000
below those of June, as rejecting the
unsettled state of the world, and moro
particularly the effects of the abnorm
al condition of international exchange.
They believe that until peace is pro
claimed. the world stabilized and some
means found Of restoring the normal
exchange rate, exports viii continue to
decrease.
The experts say that the checking Of
exports is expected to have pro y.
nounced effect on trade and industrial
conditions within the United States
With the foreign market reduced, they
say, there Will be a surplus of produc
ton in many lines, followed by prizes
outing, lower living iosts and dis
position either to resist demands for
wage increases, or to lower wages. A
post-bellum ready ustment, it is said
may come much soon than has been
expected.
Imports are increasing, those for
July being the largest in the history OF
the country. The balance of trade is
still enormously in favor of the United
States, but from now on the margin
it is believed, will be rapidly reduced
both on account of decreasing exports
and Increasing imports. Countries
that Immediately following the war
were obliged to obtain vast quantities
of goods from the United States re-
gardless of the cost of exchange are
now striving to reduce imports to the
lowest possible minimum until such
time as exchange improves.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Railroad Brotherhoods
Disappoint Nation

The utterances of the chiefs of the
railroad trainmen are most disappoint-
ing, because the business community
has been accustomed to place conf
dence in these men as intelligent and
well-informed, as we'll as good-inten-
toned citizens. They have always dis
claimed revolutionary purposes, and
certainly the rank and file Of the rail
road orders as individuals are good cit
liens. 1t is true that the chiefs gave
a shock to the country two years ago
when they forced the Adamson law
from Congress under a strike threat
but even SO the business community
was not prepared for the extravagant
utterances which have recently come
from them.
Congress has been proceeding for
some months, as expeditiously as pos
sible, with the task of finding a solu-
ton for the railroad problem. The
proper committees of botn Houses
have had hearings upon the subject
and are formulating bills, it being the
common understanding that there
would be no postponement action and
that some determination would be
reached this year. Indeed, this seems
to be the explanation of the action of
the brotherhoods. They have not been
content TO allow Congress to follow
the normal course of legislation, or to
present their views as other citizens
are invited to. Their demands were
presented in such q manner as to Gre
ate alarm throughout the business
community They carried the idea that
unless complied with the railroads
would be closed to traffic, the greatest
possible disaster which could befall the
country. It is difficult to understand
how any body of men can have such a
distorted idea of their own rights as
to seriously consider the infection Of
such calamity. Such threat is far
beyond being an attack upon the own
ers of railroad property; it is men
ace to the government and all of the
people of the country. So long as any
probability exists that concerted
action to tie up the railroads
will be taken, that is the most impor-
tant fact in the business situation. 1t
a threat should be made, and that such
a possibility should exist In no other
way is the common welfare and pros
peritv so at the mercy of a group of
individuals, and the idea that any
group should claim such power is in
tolerable. How can men safely plan
for business operations with such a
threat hanging over them? Upon what
theory of social relations can the men
who have happened to be employed
upon the railroads claim the right to
exercise such power over the entire
national ife--to paralyze industry,
throw millions out of employment, cut
off the movement of food into cities,
and dsorganize all the processes of
orderly community life?
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Without Bumper Crops
Prices Will STAY Tn

j., In this country, up to the middle of
the year, conditions were encouraging.
After three or four months of hesita-
ton following the armistice, when
there was a slump in prices and en-
ployment, things began to look better,
and by June the outlook was encourag-
ing. There were forces making for
disorder here as elsewhere, as note the
attempts at revolution in Seattle and
winnipeg and numerous disorderly
strikes; but, on the whole, industry was
tending back to a normal state. Wages
and prices were high, but great crop
was in prospect, which promised to re-
lleve the strain in some degree, while
bringing remunerntive prices to the
farming population.
Since July l matters have taken a
bad turn, due primarily to deteriora-
ton in the crops. Unfavorable weather
has so affected them that, while they
are still abundant for our own use,
there will not be the great surplus
which was expected to not only supply
Europe, but FIJI up the empty bins and
cause lower prices everywhere. We
nave no bumper crops, and therefore
the reduction in food and clothing
prices, which is necessary to general
price reduction, cannot be expected.
With the deterioration of the crops
there was a natural stiffening Of prices
in foodstuffs and clothing materials,
and this prompted a buying movement
which carried them still higher. The
buying was not only for home con-
sumption, but for foreign markets. The
June exports were far above any pre-
vious record. Foreign countries bought
heavily of cotton goods and leather,
both of which rose rapidly Sensa-
tional statements have been current in
the newspapers as to what shoes and
clothing would cost next year, labor
troubles have multiplied, and finally
came the extraordinary pronounce
ments of the railroad brotherhoods
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24

time during the war and were closed
down as soon as the war ended.
Many Of the commitments to restric-
ton OF output made at that time
are ready to be" revived when the
bituminous mine workers make a
demand for shorter time. Large in
creases in wage will certainly be
part Of the anthracite mine work
ers' programme.
However. the scale Of the antlra-
cite reSion is operative until Apr,
l, 1920, and coming after the btu
mlnous contracts are concluded will
be largely influenced by them.
Copyright. 1919. Mc-Graw-Hill Company
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
q. S. Navy Sale of Woollens
Large Lot Offered on Sealed
Bids

Close to 900 yards of woollen
cloth are offered to the trade through
the sealed bid method of sale by
the United States Navy. The bids
will be opened at II a. m, September 4,
in the Office of the Board of Survey,
Appraisal and Sale, at the Brooklyn
Navy Yard. Schedules Of the cloth
offered and bid forms may be had by
application to the board in Building
No. Is at the Navy Yard.
The textiles offered include 81 1926
yards of 9-ounce all-wool black serge
104,300 yards of 11-ounce navy blue
flannel and unfinished worsted, 1920
yards of to ounce cotton and wool
dark blue flannel, 10000 yards of IA
ounce navy blue kersey cloth, 14,9Oo
yards of l6ounce light blue cloth,
5000 yards of 16-ounce scarlet cloth.
1864 yards of 22-inch forest green
melton and $4,000 yards of 24-ouncc
burella gray cloth.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
British Chamber of
Commerce in Germany

According to information recently
received by the American Manufact-
urers' Export Association and pub
lished in that organizations weekly
bulletin. the British Chamber of Com
merce in Germany has been estab-
llshed at 1873 Hohestrasse, Cologne. The
new chamber was established to pro-
vide a medium of connection between
British manufacturers and German i'm
porters and vice versa. The aggregate
capital OF the ~arms represented in the
chamber ia more than $3.50 900 600 and
its members employ over l,745,O00
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Why Marks Are Stun ping
NetC York Tribune
Special Cable Service
1919. New York 11ib,,us Inc

Copyright. 1919, New York 1rib,Ine Inc)
BERLIN, August 23.-The Copen-
hagen CORE spondent of the "Vos-
siche zeitung" asserts that one rea-
son for the latest sharp depression
of the German exchange is the fact
that numerous American agents are
waiting there to place large orders
in Germany for dyes, chemicals. all
kinds of toys, medical preparations.
etc. These Americans, according TO
the correspondent, are exertinc a
speculative pressure upon the Ger
man exchange in order to buy at the
cheapest possible prices.
The correspondent adds that an
other reason for the decline of the
value CT the mark is that the plan
OF calling in German securities
for stamping has led to an indis-
crlminate selling of the securities
which had been sent abroad in LARGO
amounts to escape taxation. At Co.
logne yesterday the mark reached
new low level, pound sterling SELL
ing for 100 marks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Ethyl Alcohol Situation

Expectation of large quantities of
ethyl alcohol has diminished the
amount on the local market for de-
maturing. The domestic demand, it
is reported, continues steady, but it
is not large enough to warrant extra
production. The supply on hand, it
is said, about equals the market needs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
BY George E. Roberts

''ce-f 'es'dent National City Bank
of NeaU York
Inc months have passed since the
armistice was sgne,. and the
world turned it's face toward peace
but it is still a long way from normal
conditions. The governments Of the
countries that were at war are spind
ing money far beyond their revenues
and as yet there is but little reorgani-
Eation Of industry for peace purposes.
In Europe, where the disorganiza
ton was far greater than in this
country, production is nowhere near
normal as yet. On the Continent the
destruction of property, loss of life.
deterloration of railway property and
OF industrial equipment, confusion of
currencies and collapse of credit make
a situation which under any circum-
stances would be difficult, and when
the revolutionary social agitation is
added it becomes desperate. In Eng
land the physical losses are not 50
great, but the social agitation is bad
enough to interfere seriously with re-
cOVerY.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
HOLIDAYS This Week

MONDAY-In Brazil Estate of Es-
plrito Santo), Mauritius, Uruguay.
TUESDAY-In Switzerland (Basle)
WEDNESDAY, - In French Indo-
China.
THURSDAY-In Bulgaria, Greece,
RumaniH Russia, Servia (haf -holi-
day..
FRIDAY-In Salvador.
SATURnAY--ln Argentina. Perm
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
y. S. Government Bonds
Liberty Issues
Transactions

The following table gives the trans
actions yesterday and the approximate
investment yield in the several Liberty
loan issues at closing New York
Stock Exchange prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Curb Market

Note-The Tribune assumes no RESPONSE
bility for the accuracy or authenticity of
curb market quotations. Transactions and
prices yesterday were reported as follows:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Bid and Asked
Quotations

The following table gives the closing
bid and asked quotations for stocks
listed on the New York Stock Exchange
but not traded in yesterday:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-08-24
Financial Items

s. S. Kresge Company reports July sales
OF SO, %, an increase of 8.28 per
cent over the me mo- tn of 1918. and
sales for the first seven months OF 1919 Of
$2l, 403, 344.87. an increase OF 1888 per cent
over the same period OF last year