The daily morning oasis. [volume] (Nogales, Ariz.) 1917-1920, 1920-08-04
EDITORIALS,
ANOTHER SACRED cow"

In San Francisco, nearly fifty years ago, when
"The Oasis" editor was much younger than now, he
had chum, with whom he had held that charming
relation from the time they small urchins back
in Illinois, years before the Civil War.
That chum and playmate was an observant fell
low, well balanced cool and collected and bit sporty
There was certain saloon on Post street where
went occasionally, that game of vgnt ct I'm of
an evening That is the crowd which congregated
there played that game; and stakes ran high
Our sporty chum sat into the game occasion
ally; and after little time he observed that no mat
ter how the play went one certain man never lost
He knew always when to stay OUT and when to 90
in, backing his hand for al that he could get the 9TH
erplayers to stand for Luckess losers would throw
on the floor deck of cards, calling for deck
from the bar; but that changed their luck. 1t
made no difference how many fresh decks of cards
were taken into the card room Of evening, the
individual who lost played always in the same
great "luck." He quit the game every evening with
goodly wad of bills on the RIGHT side of the play
His suspicious aroused the observant AND SPORTY
"hum picked from the floor eveninp pack of
discarded pasteboards and brought them home to our
mutual LODGINGS Careful scrutiny revealed the fact
that the cards were "marked;' and that the house
was standing in" with the 'lllcl1"" paver was
foregone conclusion With that discovery and con-
lusion some people would have pone back and broke
up the game in row. Not so with our sapient
chum. He studied the marks on the cards, and soon
became letter perfect Then he continued sitting in
the game; and like the other player he did not lose
and quit each evening with good sized "wad" To
divert suspicion he lost occasionally.
After several months of that kind Of play our
cnlm happened!lntO the saloon one afternoon when
thu 30 was there but The proprietor the her-
keeper and the man who never lost. They beat him
up threw him out int the street and told him never
to. come back (which he never did
oJ +,io boJ
reached upon their preserve; and they resented it.
The game at that house was Sacred cow" to be
MIXED by none others.
Proceedings last week in federal court in Bos-
ton, have brought to light another sacred cow" of
colossal proportions: One, Spozon an Italian, has
been borrowing money at 50%for 80 day loans He
has been returning the money right straight along
with the guaranteed 5O%; doing it within the
stipulated 90 days. The man and his methods are
now under investigation. He AYERS that he is deal
ing honestly has ample funds to make good all con-
tracts and that he has made eight and one half mil
lion dollars within short time. And he is in
no way secretive about his methods: He deals in
foreign exchange The explanation is very simple:
and the man has been able to put over his operations
successfully by depreciation in foreign exchange in
the United States owing to the vast credits that have
been extended Europe; to which depreciation postal
of various governments have not be-
come wise, apparently.
Exchangeabe values of Their respective coinacns
have been arranged between various countries on the
BASIS OF Intrinsic value of coins .wih small dis
count OF foreign coins in each oontv to force their
'etrlrn to the countries which issue thor and keen
HON mt of cirrnlatnr elsewhere And fhn various
sosta departments observe thnen established Yates
It excharre in transaction IF i'+o~notionol money
rdnr business As Ar eva,'nle Intrinsic vol,1n IF
old in British "sovo,.oirn " or "no,rd etorlno" is
hnut the fha+ in an hr,erioar c." dollar
'ece. But the eovoroior for hit Ga % in the
nied States and it was t"r vt tha+ rn+n IN h,uing
nd selling exchange; while it is rated at that valua-