davidaulloa/AmericanStories huggingface dataset:
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30
FEDERAL RESERVE ACT HAS
AVERTED PAN1CS.
Enables Business to Progress Des-
mite High Prices.

With more than tWo-thlrds OF tne
banks of the country using tne
Federal Reserve plan OF check COZ
lection at par-thus avoldlng pay,
obtain cash on their papers IN dis,
tant cities-the Federal RESERVE
banking system is preparing TO cele.
brate its fifth birthday ana begln
business in it's sixth year.
Three things the system has &C.
complished in the last five years. II
has extended credit, insured bank-
ing and prevented panic. me pro
test that came from some Dankins
Was under debate was akin to the
furore now greeting the League OF
Nations. Today the only complaint
against the Federal Reserve comes
from the institutions that are not
hanks, but as described by an, Of
fetal. toll gates" collecting thell
pound of flesh from every courtesy
that passes over their counters;
A few years, ago bllilon d9 fara
casting national bankruptcy, Small
economic upheavals caused the pan,
ics of 1898, 19O1-1910, and the wild
scramble of 1907. With a twenty.
three billion national credit to float
and the old methods of banking and
currency in effect, the country would
have been in a difficult situation on
entering the war. The Federal re
serve was necessary to. WIN the Mar;
have mounted beyond the civil wal
scale if there had been no way OF
funding the enormous debts incur
red by this modern war.
It is admitted that advantages
havt accrued to banking methods
through Federal Reserve CO.
operation. Among these, are the re.
duction of the floating DEBTS on
checks in transit, the establishment
Of Uniform practices in handling &C
ceptances, the system Of direct &C
counting between banks and reserve
districts, and above all the creation
Of reserves and resources to supply
the demands for legitimate credits:
This last feature in itself has
made it possible for business 10 con
tinue on a progressive scale IN splte
Of high prices or low purchaslns
values of money, and the enormous
debt in the economic as we'll as the
national field. AS to the great, de
Well met, and it is this that has
averted any danger Of panic.
Backed by Government business
is able to handle credit. High
prices and high wages demand IN
creased currency. Even under the
national bank act, this was not pos,
sible. Individual banks could not
expand credit beyond actual hold
ings: but with Government reserves
nooling of national and individual
holdings, and an elasticity given D!
the federal reserve act, it has been
possible to tide the entire country
over period of unusual monetary
conditions, not only without feeling
The strain. but with nearly every one
in the nation happy in the possession
of high wages, of savings. or Of
Government or other forms OF Sc
curitieS
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30
WHY THE SOLDIER is "SORE'

Discontentment among American
soldiers who served overseas is
rather a state of mind than a re-
sentiment against their neglect or
mistreatment by their country. or It's
representatives, civil or military:
That, at least, is one DIAGNOSIS OF OF
this prevalent dissatisfaction OF
which there is SO much talk but so
few concrete examples: The ex-
PLANTATION is offered by the Veteran
an organ of the American Legion.
The cause of this SORENESS &C.
cording to the Veteran is that he
went blithely away with great en-
thusiasm for the cause and in
stead of being a thrilling. adventure
going to war was one continuous
grind Of hard work. Instead OF
finding himself in a position where
personal thrill and glory. filled his
entire horizon, he found that he was
but an obscure cog in a stupendous
machine and that he played very
mOnOtOnOus part.
The soldier bore all OF this with
fortitude SO long as the great task
The job was an Inspiration and an
offset to any kind of drudgery. But
when the armistice was signed this
stimulus ceased, and was replaced
by the yearning to return to home
and family. But there was still
need for him in France and ;the oc,-
remain yet awhile in camp and un-
der discipline. The tedium and the
fret of it, all depressed and soured
him. Then came restiveness, and
faultfinding.
cit was natural. Nobody who I'M
derstands them, (the soldiers) can
blame them, says the Veteran. But
of the human mind worries about
this attitude 1t is a saving quality
of the memory that experiences that
are pleasant remain and that those
that have been disagreeable gradual
ly fade away. So that a year hence
every mothers son Of them will be
as happy as crickets."
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30
DISCUSSING LAND PRICES.

The following article by Fl. T.
Clampitt, OF Greenfield appeared in
the Iowa Farmer for September:
Does the present income OF the
farm justify the prices for, which
land is selling? W e note that all
is all the way from $500 to $3.50
per acre with more buyers than
sellers; with a land boom the like
Of which was never before, known.
The question arises: What is the
cause of this?" Always when the
effect is known we look to see the
producing cause. What is it in this
case? 1t cannot be, the present out
look for this year that would Justify
to arrive. at the value OF land asd
that is its productive value; any
thing other than this is speculative.
We will take as a basis for good
land $500 per acre; the interest 5 u
per cent, taxes and the upkeep of
improvements, costs the owner $40
per acre to own the land; that in
slough. We will take the yield of
Iowa, for the five year period of
1913, IA, Is, 16, II and we find the
Corn-averase yield, IS bushels at
81 cents, total $23.45. Wheat
average yield, IS bushels at $1.2O,
total total $ lS;i099: oatss-average yield,
80 vi eqShe j. nus at 45 cents,
total, 1851. Remember this is
State of Iowa. This gives an income
OF 25 cents per acre above the cost
Of owning the land. Now let us de-
duct the cost of producing the crop,
counting only the seed, hired help,
implements, to say nothing Of the
mans labor, his board and keep of
his family and what condition does
this leave the owner in when he has
largely gone in debt for the farm?
takes $1,000 down, contracts to set
tie March first. B. sells to G, and c
sells to D, D paying to B and C their
profits on raise of the land, he
agreeing to assume the contract ex-
pecting to float large loan; sup
pose he fails to make that loan; A
knows no one but B in the deal and
II B is worth it, A can collect from
-. on the contract Notwithstanding,
B has sold his interest; then suppose
after A has sold his farm he buys a
not able to make good, A has two
farms on his hands. l fear the rapid
advance in land is not justified by
producing causes and that many
who have saved a few thousand dol
lars are in a fair way to part COM
pany with their hard earned money;
as a result of the vastness of this
speculation, the land companies will
not be able to handle the volume
of business, rates of interest will ad-
vance as a result of supply and de-
m2nQ DlS1nDOj tmanf will covpo
to many. Personally l have no land
to sell and do not want to buy. /
would not discourage anyone that
wants to buy a home as / have al
ways had great faith in Iowa land.
1t is the garden spot of the world but
to the one who has saved a few
thousand dollars think twice before
you buy. Be sure you can come
across March list.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30
Notice of appointment of Executrix

In the district court Of the state of
Iowa, in and for Decatur county.
In probate.
In the matter of the estate Of ]. d.
Bethards, deceased.
To whom it may concern:
Notice 10 hereby given that the
undersigned has been appointed and
has qualified as executrix of the
estate of J. D. Bethards late of De-
catur county. Iowa, deceased.
All persons in any manner in
debted to said deceased or his
estate will make payment
to the undersigned; and those hav-
ling claims AGAINST said deceased or
his estate will present them in man
fner and form as by law required, for
allowance and pavment.
Dated this 18th day of February
A. D., 1919
SARAH BETHARDS.
1875 Executrix of said estate.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Even the Chinese must have be-
gun to suspect that Republican
championship of their cause cannot
fail to defeat their hopes of getting
from the League of Nations what
they never have obtained from the
G. o. p.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Republican newspapers which op-
pose the League Of Nations made
laborious analyses of the Senate's
1lrst test vote on the Treaty. But
these interpretations all ignored
tne man point-which was that
senator Lodge and his associates
feared to, go to bait when they
were called.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

At any rate, Senator Penrose
makes it plain that it is much easier
for Republicans to promise legis-
lation before election than it is to
enact laws after the people have
trusted them to keep their word.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

No one wants to impute improper
motives to the Republicans in Con
gress, but it happens that adjourn
ment from November to December
i: as contemplated. would mean a
big charge for mileage to members
who went home and back.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Senator Johnson is to speak in
four states in his campaign against
the treaty. The rest of the Senator
ial obstructionists feel perfectly able
to fill the Senate chamber with
noise during his absence.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Republican Senators who are op-
posing the peace treaty protest
against the charge that they are
resorting to filibuster. But when
a senator speaks the greater part OF
three legislative days without saying
slderation of subject that has been
under discussion for five months. i!
looks remarkably like the tactics of
deliberate obstruction.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30
Advertising Rates.

Advertising Rates.
Dfsplav Advertising. special SEC "A.
vice. per inch .. -: ....:.. zVe
Reading notices, first insertion ,oc
per line -. -. $780, az
subsequent insertions per line; o5c
Cards of Thanks, cash Win "a.
cop. , ~: c;'Re:nact' '' 500
Ehn~ch. school and society no
tees, where admission or en-,
treatment fee Is charged N,
per line -. -; ,;'.. 1VS
We are glad to publish any en an.
All church or society notices. Dnt
please don't confound ne% srI aot,c1s
Ganfs are cautioned not to include
S said notices with their items unless
thew are authorized and paid for, ana
Il possible remittance 1or same
should accompany the notice.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Business and industry are making
Roadway not withstanding the want
OF cooperation from the Republican
Congress. The progressive laws en-
acted by Democratic Congresses in
the last eight years are still effective.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

After having spent three months
in public exhibition of their dis
cord, Republicans of the House have
decided to have another quarrel in
private at the next caucus, in
November.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Senatorial speeches against the
League of Nations would not bring
much weight. but they would be
quite costly if sold even at low rate
by the yard.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Now that he has quelled the
revolution against his control of
Philadelphia, Senator Penrose is
showing signs of interest in the af-
fairs of the United States.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Do not neglect the warnings OF ma
ture. If your appetite is poor:
breath bad. tongue coated. you Will
be sick unless you take steps to nut
vour system in good condition.
Prickly Ask Bitters is the remedy
Won need It purifies and regulates
the liver. E. 3. Bell, Special Agent.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

There can be no definite agree
ment upon what shall be done under
the status of peace while the con-
ditions of war are still governing in
dustry.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

One difference between the pres
ent Republican Congress and GER
tain organizations is that when they
for for the time they hey don't w soPfe' pay
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

Republican opposition to the peace
treaty and German resistance of the
Peace Conference are synchronous
anyhow.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

These are the days when the coal
man. gathers in the shekels the ice
man overlooked.
The Leon reporter. (Leon, Iowa) 1887-1930, 1919-10-30

The opponents of the treaty have
made it the means of disturbing, not
of guaranteeing, the worlds peace.
Evening journal., 1919-11-18
2 2 MURDER CHI iRGES
AGAINST COTHRANS
Husband and Wife Accused
of Killing Two Negro
Chauffeurs
BOTH ARE NOW
IN ELKTON JAIL
speeIal % rhe EvenIng JournaI.

Special 10 The Evening Journal.
ELKTON, Md. Nov. is.-Clarence and
Grace Cothron, in Jail here on the
charge Of killing John Weldon, a Negro
chauffeur Of Philadelphia, at a lonely
spot in Cecil county. Maryland. have
been indicted also by the Grand Jury
Of Montgomery county
The indictment returned by the Mont
gomery county Grand Jury charges the
Cothrons and William r. Landers with
the murder Of Homer Jones, a Negro
chauffeur Of Baltimore, Md. near Bur
louisville. Md, June #, 1919. Landers
is still at large.
While the Montgomery county muir
der took place prior 10 that In Cecil
county. 10 is not likely that States At
tOrney Joshua Clayton, OF ElktOn, will
release the Cothrons to the other au-
ihorities. He is reported TO have Sc
cured a confession from Grace Goth
ron. and Is ready for the trial in Belair
in two weeks.
An address in the interests OF the
"Nation-Wide Campaign" was made in
Trinity p. r. Church, ElktOn, on Sun
day evening by the Rev Sewall s. Hep
burn, d. d., rector Of old st. paurs par
ish, Kent county. Md
Miss Lottie Wilson, daughter OF Mr.
and Mrs James =. Wilson. OF Rising
sun, and Jesse Chapman, OF oxford. Pa
were married on Thursday by the Rev
Joseph b. Turner Of the Port Deposii
Presbyterian Church.
Evening journal., 1919-11-18
Dandruff Surely
Destroys The Hair

Girls-if you want plenty Of thick,
beautiful, glossy, silky hair. do by all
means get rid Of dandrun, for II will
siarve your hair and ruin II If you
don't.
II doesn't do much good to try to
brush or wash 1t out. The only sure
way TO get rid OF dandruff is to dissolve
IL, then you destroy it entirely. To do
this. get about four ounces or oordiaary
liquid arvon; apply it at night when
retiring; use enough to moisten the
scalp and rub 10 in gently with the
finger tips.
BY morning most If not all, OF your
dandrun will be gone. and three or four
more applications will completely dis
solve and entirely destroy every single
sign and trace Of 10.
You will nnd, too, that all itching
and digging Of the scalp Will stop, and
your hair win look and feel a hundred
times better You can get liquid arvon
at any drug store 10 is inexpensive
and four ounces is all you will need, no
matter how much dandruff you have.
This simple remedy never fails.
Evening journal., 1919-11-18
NEWS HAPPENINGS
ABOUT NEW CASTLE
,eclaI 10 The Evening journal.

Special TO The Evening Journal.
NEW CASTLE, Del. Nov. is.-Last
evening citizens Of New Castle organ
lied an Amerlcanization class. The fol-
lowing committee was appointed TO get
the members together. John W. Lamb
son, George Mcintyre, Prof II. E.
snavley, Miss Elsie Black, Miss Kate
Mahoney, Mrs. Z. N. Phillips. The
classes will meet on Monday, Wednes-
day and Thursday Schools VIII be
opened in Shawtown and D0bbinsville.
Miss Barrett and Miss Hart, Of VIII
mnglOn, told OF the work there. Prof
Snavley also spoke.
Holliweu's orchestra will furnish the
music for the dance this evening in the
opera House.
The Junior order American Mechan-
les will meet this evening.
A supper and rummage sale viii be
given tomorrow in the parish house,
under ihe auspices OF the Parish Guild.
Miss Mabel Eskridge entertained a
few Of her friends at dinner on Sunday,
In honor Of her sixteenth birthday an
nlversary.
The Emmanuel A. C. viii play Pusey
& Jones basketball team, on Thursday.
Many Young people from this city
will attend the party given by Bea-
CONS Business Colleges, in Whining
ton, this evening.
Evening journal., 1919-11-18
AVIAT0RS MISSING
ON EASTERN SHORE

Search is being made for two avla-
tors and seaplane which left Cam
bridge, Nd, at noon last Wednesday
for the Naval Air Station at Norfolk.
The seaplane contained Lieut.. George
F. Adamson, II. S. n. r. F., and Mech
anician Louis X. Hoagland. The plane
is a small boat plane With green fusel-
age and yellow wings. on the bottom
panels the license number S74 Is shown
in 1ve-fo0t letters. The machine is
owned by the Seashore Flying Com
pany. Of which Mr.. Kaufman is the
owner.
The disappearance OF the airplane. II
Evening journal., 1919-11-18
DELEGATES BOOK
TO OLD DELAWARE
lpeeIal 10 The EvenIng journal.

Special to The Evening Journal.
NEWARK. Nov. iS.-"The True La
fayette," Is the title OF a new book by
George Morgan. Of the Glass OF 1875.
The volume is dedicated 30 Delaware
College in MY Huch-loved Native State
OF Delaware"
This Is the second volume the author
Evening journal., 1919-11-18

lost, may be traced to the storm that
swept the lower Chesapeake on We'd
nesday, In which the Standard on Com
pany's steel barge Socony was lost or
Windmill Point while in tow OF the
lug Sentinel.
These men have not been heard from
nor the plane reported since it left
Cambridge.
Evening journal., 1919-11-18

has contributed to the series, the pre-
vlous one being entitled "Ihe True
Patrick Henry" Mr. Morgan is on the
editorial stan OF the Philadelphia
Record.
The Washington herald., 1919-04-13
3. #. Kelth's-YaudeyiIIe.

Two co-stars will head the B. r.
Keith Theater bill this week-Marie
Nordstrom and the United States Jazz
Band. Miss Nordstrom will present
mother chapter of Lets Pretend. q"
vritten for her by Frances Nord-
from. The y. S. Jazz Band was here
iuring the last liberty loan cam
1sfgin. Both President Wilson and
;ecretary Daniels saw them at
Seiths.
The extra added attraction will be
he accomplished comedian, William
iaxton and company in The Junior
partper,' written by Capt. Rupert
Iufnes. Other offerings will present
frasces Renault. THE Partisan FASH
on Plate wearing thousands of dol
srs worth OF imported gowns; the
f.fghtner girls and Newton Alexander
4 Jolly Trio" Capt Gruber and
HlSs Adelina's European equestrian
eyiew: the Sabini La Pearl trio Of
serialists; Rose and Ellis, THE jump
lacks" the Pathe News pictorial
nd other house features at 3 and BIS
=. m, at B. T. Keith's. Today the
program win comprise Belle Baker,
fsorge White and company and the
Tiers seen last week.
The Washington herald., 1919-04-13

ans Experience picturixed from the
Paul N. Potter play. Agnes" 10 the
Thuruday and Friday attraction. with
Mary Boland In the featured role.
eamuei Hardy, Lawrence McGin and
Robert Cain portray the chief sup
porting roles.
The Saturday program viii consist
Of the drama, The Poppy Girls Hus-
band" featuring william 8. Hart; the
comedy. Money Taiks," and a scenic
reel.
Crandalrs~TAs Pen vulture."
Tho Pen vulture." the screen Offer.
ing at Crandalps today and to-
morrow, marks the return to nlms
Of shorty Hamilton. one OF the pop
ular favorites in the early days OF
the photoplay industry.
II is taken from a story by William
Clifford and relates an absorbing tale
of the French Canadian life in the
great Northwest, intsrwoven with
many stirring bits Of thrills In the
lumber camps and railroad centers In
this section. Mr. Hamilton u sup
ported by . cast which includes
Ruth King and Bert Hadley.
THE Marriage Price" scheduled for
luStuhy anu
Elsie Ferguson In the role of a young
society girl. The Thursday attraction
will be Daughter Of Mine" story
in which Msdge Kennedy porrays
the central role. Marie, Ltd" an
nounced for Friday and Saturday, 10
the latest starring vehicle for Alice
Brady. The fashion show Of rnodish
hats, an incident to the plot, viii
prove particularly pleasing 10 the
feminine members Of the audiences.
CrandaIps Avenue Grnn6-sout Of
the Fog"
'rlut of the Fog" the central at
traction at CrandalPs Avenue Grand
today and tomorrow. win enable
patrons to compare the screen work
Of ALA NaIimovA. the great Rus
sian emotional actress. with that OF
the stage for this 10 an adaptation
of "'Ception Shoals" In which the
CONTINUED on PAGE THREk
The Washington herald., 1919-04-13

week. another Fox production will
form the Gardens major Offering,
when Virginia Pearson will be pie
tured in the role of chief interest in
The Love Auction" drama Of
contemporary metropolitan life In
which are combined romance. melo-
drama and tragedy. Thuriow Ber-
gen 10 cast in an important role in
Miss Pearson's support.
Cranaalrs Metropolitan-sCst
Mary Married"
That perfect balance in screen en-
tertainment-A pleading vehicle and
an accomplished starts forecast in
Getting Mary Married." featuring
beautiful Marion Davies, which will
be the chief offering at Crandall's o
Metropolitan during the first half Of
the current week Anita Loos and
John Emerson, co-authors of many
of the earlier Fairbanks successes, are
jointly responsible for its scenario.
Miss Marion Davies is supported by
cast which includes Matt Moore
Norman Kerry, Frederick Burton,
Amelia Summervtlle. Constance Beau
mar and Elmer Grandin. The pro-
gram will be completed with the usual
shorter films. together with orchestral
and pipe organ recitaIs.
Commencing Thursday and extend
ing through Saturday, the attraction
Will be Suspense" in which the lead
ing role is portrayed by Mollie King.
CrandaiPs KniekerbocSer-"G
Mary Married.
At Crandalps Knickerbocker Get
ting Mary Married" light comedy
In which the dainty star, Marion Da-
vies. portrays the chief role. is card
ed for today and tomorrow. II is
taken from the scenario By Anita
Loos and John Emerson. Supplemen-
tary attractions viii include the COM
edy. "Girlies and orubbers" and q
newsy Current Events reel.
The Marrtars Price," an absorbing
drama in which the chief figure is a
society girl who. thrown upon her
own resources, uses her wits to con-
siderable advantage, is carded for
Tuesday and Wednesday. "A wom-