davidaulloa/AmericanStories huggingface dataset:
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
RAIN FAILS
CONTINUED from page one.)

present. Senator Pollack discuss
ed the national and state issues in
his usual comprehensive anu pleas.
ing manner.
j. NJ. Jacobs was the speaker. at
kiugmont last night and was
greeted by large crowd. He dis
cussed the national and state 49,
sues. His audience was an enthu'
siaStiC one, and gave very close at
tention to the speaker.
Clay Amos and Miss Ruth Mer-
riricld were the speakers ut the
Hoult meeting, and were given a
big audience. Miss Mortified gave
most OF he" attention to impressing
upon the women that they should
20 to the polls on Tuesday and cast
their ballots for the Republican
ticket, while Mr.. Amos discussed
the general issues, both state and
Roiio Conley made the trip to
Flaggy Meadow and had a fine
crowd. At the conclusion OF his
speech he gave those present a
chance to ask any questions rela-
ed themselves of the opportunity
and the speaker cleared up some
questions which had not been clear
in the minds Of some OF the vot'
erS.
There was a large crowd out at
MILESTONE, near Warrington last
night, where TreVey Nutter was
the speaker. There were several
women at this meeting, and they
told the speaker after the session
that the women In the Warrington
section were we'll organized and
that they we're gOingout next Tues
day to help bring n great victory
for the Republican ticket.
Two fine ward meetings were
held in tho city last night, Harry
Shaw addressed a large crowd at
the Central school house on the
East side, while L, T. Eddy was
the speaker at the East Park
school. A good crowd greeted each
OF tho speakers and they delivered
very timely talks.
Despite the very bad weather
last night, the meetings Of the Re-
publiCans in nll sections OF the
county were we'll attended. The
G. o. p. leaders are well pleased
with the way In which the county
is lining up for the election. and
feel confident thu. it means u
sweeping Republican victory next
week.
r. A. Pollock, Mrs. Glenn Barns
and Mrs. John Hough will be the
speakers at u rally at RiVesvtlle
this evening
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
GAR
DISTRIBUTORS
ARE DISCOVERED
Government Has Evil
dence Against 80 of
Them
Especial to The West Virgin!anI

Especial to The West Virgin!anl
WASHINGTON, u. e.. Oct. Is
Representatives. uI the Department
OF Justice have Information WINCH
indicates that more than tL!Ity car
distributors in different PARIS OF
the country have been Receiving
compensation Tor dispiaclug anu
placing coal cars and That sys-
tom OF petty graft has extended TO
the piers where bumpers and In
spectors have been fixed" accord
ing TO Gibbs L. Baker, an attorney
from Washington, u. e., who as
representative OF the Fair FraC-
L!CeS committee of Northern West
Virginia coal operators has come
i'll contact with the Department OF
Justice and Interstate Commerce
commission officials recently.
The system extends DOWNWARD
even TO conductors OF freight
trains and local agents OF the r"i'
roads Ut points winch are oIdinAF-
lily considered OF IlLLie Importance.
The chain OF graft extends to me
men higher up US we'll and many
officials OF railroads have been
compensated, SO II IS claimed, Tor
issuing false permits and assign
ment OF cars. Mr.. Baker Giants
that 1t Is the intention OF the Dc.
partment OF Justice to vigorously
investigate all these matters.
THE Interstate commerce cGta.
mission .held q session teCently;,
according 70 Mr.. baker. ~ w, wH'G ~
matters CouCeI HALS 81 HtL'iIS
railroad OFFICIALS auu LtptGJ nS
were discussed at length anu uttSS,
tons given 70 ENFORCE feSulIt1uui9
violated anu prosecute al E otLottG-
ers. II seems that Tue DeP"ttt
ment OF Justice cannot reach tHSso
offenders under INC Lever nc. D"S
the Interstate Commerce CoAAA''4l9
sion has power. .,,a,,
The JOINT GlloFts Oh ILtt " MI ,tS
body OF coal operators LnG 90. a.
roads ana the Interstate C oIl'1i1G ~ -
commission VIII soon expose tno
unfair practices that nave pcei'
connected win the TallIoGu nd lilt,
ling of coal and VIII partly e.a4!.
cate the evils OF the coal business,
continued Mr.. BAKER. .-,-,...,
Inese Unfair PEaCtiGeS I ~ i,, ~
mise only q small NUMBER 81 Pc
pie compared 70 Lhe GoSI IN paI,at.
as q whole, DECEASED MF; buk 81
who thinks that not SIEe Inn II
ty persons are lhVotNI"' ue ~
ganization OF committees III every
coal producing llG!o p[oVlueu lOa
at the meeting, OF c9al NpelutorrS1
held IN cleveland 4uesuIy W. W.
make 1t possible Tor INC DGp@I
ment OF Justice 10 ray hdhuS vi
these people VINO are SHlity OIL ull-
fA!r anu ll!!paup91, - a. 80 uaat,trV
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
TODAY'S XVIII
Reg. Pdg. U. S. Pat. on.
5AngwurR to Yesterdays XVIII.

THE Reign oil Terror was the
TIM In the French Revolution from
th0 overthrow OF the Girondlsls,
MAY ST, 1893, to the overthrow or
Robespierre, July 81 1924. 49,
g2-Gen. Zachary Taylor was
called '.Rough and Ready
8-The entire quotation is "A
drop OF Ink may make million
14The Poets Corner is a corner
In Westminster Abbey where Chau'
Ger, Spencer, and other poets are
"a taErter is a worker In IRON
egThe Golconda diamond mines
are in India,
7-"Seeing the elephant" means
seeing the world; life.
6-Abbott Lawrence Lowell, en-
inent author and lawyer, is presl'
dent OF Harvard University.
9-Rattan is the smooth. reed.
like stems of several species OF
10&Ratteen is thick wooden
quilted or twilled stuff.
New Questions.
1-What is q protective tariff?
2-Where Is the kremlint
3-Why do we call breVIty Oh
speech "laconic?"
4-What is Macaronic Verse?
) 6-What is jute2
6-Who were the Lotus Eat
S7-What is a troche?
8-What Ii a trochee?
9-What Is u troglodyte?
1O-Which constllne OF the Uni
ted States exclusive OF Alaska) Is
longer, the Atlantic, Or the "a
cific?
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
Halloween Party
At the Y. M. G. A.

The y. NJ. C. A. is giving u Hal.
lowe'on party on Friday night at
eight o'clock and all members and
friends including the High school
people are invited. There will be
some lively entertainment furnish
cd with a chamber OF horrors,
witches, fortune tellers and many
other attractions weird and com.
roiIing In Interest. All who do not
mask will he fined Is cents. There
will be a grand march to start the
party off and all who come are ask
ed to enter by way Of the rear door.
Refreshments will be served. no
person under High school age ts In
vited. All the younger folks will
be entertained at a Junior party
on Saturday afternoon at IL" "Y'
which will have all the Halloween
trimmings and plenty OF Joy posi-
bilities.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
K00N7z MEN
tContIr ued from page one.)

ing experts In Marion county saved
the nomination for KOOntz, Little
page was politically sandbasged
out OF the nomination that he had
won and announced publicly tAat
he had been robbed. lie Continu-
ed 10 yell and yUlp until ne was
Uppp.sai with Il nomination Lor Il
judicial Office.
"In the primary Koontz had the
assistance OF President Wilson,
Senator Watson, Snnator Chiffon,
Governor Cornwell and every Dem
ocrutiC postmaster. The pjOIIs
polls were manned by KoontZ sup.
porters. All the vote they could
muster for their candidate was a
questionable six hundred majority.
lie could not even carry his home
county.
'l!ls poor showing in the primary
where he had plenty of money and
tho support of the army OF federal
Office holders, convinced many DE.
Mucrats that he could not win
The election and 1t 10 probably re-
SpOasiblC Tor the dcSertiun oil his
candidacy by the Democratic or
Eani2atiOus in several counties
where they are supporting Mont
EOmnry in return for support Tor
Cox
Judge Morgan Is the favorite in
the betting Il, Charleston where
several wagGrS have been placed
on Morgan against the field. The
KoOniH hackers are now asking
odds of two to one before they
place their money.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
BIC TIE Up
Continued from Page one)

Western Maryland railway Will re-
move its embargo.
The foregoing information was
received by &. r. Bell, secretary
Of The Northern West Virginia coal
Operators Association, Today, he
having been in touch with the sit
uation yesterday in Pittsburgh.
While there he @sO took up the
question OF car supply.
II Is understood that the P. &;
/. Z. lines had 1000 cars Of coal
blocked at Bowest Junction, Pa,
the connecting point with the
Western Maryland, this coal all be-
Ing consigned for export to Curtis
Bay. While this restrictive order
was on the Penney lvania lines
proved to be the only outlet for
other coal shipments and they
soon began to become congested
also with the result that there are
500 cars OF coal under load IN and
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28

OvercOat Weather. drop in
temperature today brought out
many oyercoats and warm wraps.
The sky is a dull steel gray with
little hint of sunshine. Out Of
doors all day It remained unusu-
ally cold after the long period Of
warm weather. Very little com
plant is voiced. as the entire city
is in need OF rain with its attend
ant colder weather. The weather
man predicts rain soon in larger
quantities than that of yesterday.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28

scored today With nat Z. Frame,
Nv. d. McComas and Miss Eva
Blair al attending 90 official scor-
ers. crangeVille was first scored
three years ago and each year
since has measured up to certain
standards. Certain points are con
BIdered IN the scoring, including
education, religion, civil govern
ment, social and farming abilities.
Grangeville looks forward each
year to the scoring and has 80 far
been proud Of Its record.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
"Why | Put Up With Rats Tor
Years." Writes N. Windsor,

Years ago bought some. rat
poison, which nearly killed our
fine watch dog. It 80 scared ns
thGtwe suffered a long time with
rats untl my neighbor told me,
about RAT.SNAP. That's the sure
rat killer and a safe one" Three
sizes. s6o, csc, $1.25. Sold s,,S and
FaIrmont; South Side Pharmacy
Fairnont; johnson Pharmacy
Shinnston; Prescription PhaF-
macy, Warrington.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
River 14.1 feet, rising.

fractured Skull Alex Gigger,
aged 81, Is In Fairmont hospital IN
n serious condition as the result
Of a bad fracture sustained inns
morning while ut work for the
Bethlehem Coal company when he
was struck in tbs head by coal
emitting machine. While his Condl-
ton Is serious 1t is believed ne
will recover.
at HOspIta!-carl and "A Arthur gE
Colwell, the little sons OF MT ana
Mrs. Ray Colwell, of Wanna. w, va,
were operated on today, at CooK
tonsils. Miss VushtI Goode, a
nurse at the hospital, also had her
tonsils removed yesterday,
New Police chlef-Chief L. D.
Suyder, the new head of the Fair
mont police department. was sworn
Ia this morning ut a special meet
ing OF the oBard of Affairs and Is
now on duty. The oath was admin
/. Aered by City Clerk L. G.. ATuett:
"a, A. JolIIffe, Frank Fleming and
Il. L. Cunningham signed Chiert
Snyder's bond Of $500.
-
Bishop Gravatt Coming = The
Right Rev. William l.. Gravau,
ihIShOp of the diocese OF West Ntr.
ginia will pay this city n visit next
Sunday and will deliver an address
on Christ church, Sunday morn
Opens Dental Office-Dr. r. A.
Stshley, well known local dGn fist
has opened an office at Worthing.
ton and will be ready to receive
patients Saturday morning Or.
Stehley will continue to meet To-
cal patients at his Main street Of
nee.
Lecture on Caneer-Dr. Joseph
Colt Bloodgood, professor OF clint
cal surgery at John Hopkins Unit
verslty and one OF the leading au-
thoritIes on the subject of cancer
will Address tho opening meeting
7 Of the West Virginia university sci.
Rntlfc society tomorrow at eight
O'clock. The meeting will DO held
In the Zoology rooms.
Scoring Grangeville - Grange
vile In Warrington district Will be
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
TEE WEATHER,

= Oil LOAA6Ak SA4N
Friday; colder
tonight, Drobn-
bly, heavy frost.
Local Readings.
l.. Y. Hall, Oh.
Temperature at
8 n. Ill. today As.
Weather yester-
day rain; tenn
perature, maxi
mum SIS, mini
mum 43; preciD-
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
LATE WANT ADS

WANTHD-Wnl pay $50 per month
to middle-aged woman to assist
Z 81 care OF house and 8 small chill
dren. Refined home with all con
yeniences. Address Mrs. K. +, NIL
Ter, Broomfield, w. Va. 10'27'6t-9234
FOR aALE-Two houses. Reason.
able terms. Call 16S.R or inquire
at B9s Newton st. 1O-27'2t9233
LOST Pair Glasses between
Fifth st. Benoni Ave. and Sec
ond st, FaIrmont Ave. Finder
please call 1354-M or 507 Benoni
Ave. 1O-28-1t-9241
PICK AND SHOVEL MEN, Load
coal, West Virginia mine. High,
steady wages. Box 1l51, Harris
burg, Pa. o149
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28
Republican
Mass Meetings

Place. Speakers.
Thursday, October rs.
RivesvIlle ............R. "A. Pollock
Mtss jennie Fleming.
Joetown Church Harry Shaw
Logansport school..R. J. Conley
Metz ..........-...............E. K. Bell
and NJ. C. Lough.
Fairmont (Colored) -....--...----
......................-.M. +. Whittico
Pennington ........Baird Mitchell
Mrs. T. l. BIett.
Bingamon MILLER SchOoD...-
...................M. L. Brown
Friday, October 30.
Fairmont (ltalian) ..........-.-.-
...-...... Biagio Merendino
Montana -.............R. A. Pollock
Colfax ....................H. E. Engle
Mrs. Glenn +. Barns.
Forks OF Little Bingamon
School ..............M. c. LouGh
Worthlngton -...........L. T. Eddy
Baxter Baird Mitchell
Mrs. T. 1. Brett.
Saturday, October 30.
Warrington ........Judge Morgan
Mrs. Lenna Lowe Yost.
Fairmont -...:...-...Judge Morgan
Mrs. Lenna Lowe Yost.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-28

Scoring Grangeville - Grange
Vile In Warrington district Will be
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
CHICAGO LIVE STOCK.

CHICAGO. Feb. lo.--Hogs receipts
$4,000; estimated tomorrow l6.uU0;
strong at loo higher. Bulk S440q
SIS, 10 top $500; heavy sl4.25 Y$l4.7G;
medium S14.5OQ $500. Lights 500
$500: light light Sl425 q $1,000; heavy
packing sows smooth Sl3.5O0 $1,000;
packing sows rough $l3.0O4Sl3.5O. Pigs
$l3.25iS li25.
Cattle receipts $1,000; estimated to-
morrow 1900: steady. Beef steers,
medium and heavy weight: Choice and
prime $l5.00@sl7.00; medium and good.
fl.O0T $500: common S9.UUq Sll.OO:
light weight good and choice $l2.00G
$1,000: common and medium $S.5OQ
$1,000. Butcher cattle--heifers S6.5O4
$3.50: COWS SG.50RSlL25. Gamers ana
cutters sG.25Gs $3.50; veal calves $l6.2I
G$l7.50; feeder steers S7.S54Sll.I6;
stocu steers $7.00IS10.50.
Sheep receipts 10000: estimated to-
morrow coon: firm. Lambs "a pounds
down sls.75@ $21.25: culls and common
$4,000 $685.; ewes--medium good and
choice sl1.O09Slt.0Q; culls and common
$3.50 $1,000
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
MONEY AND EXCHANGE.

NEW YORK, Feb. l0.-Mercantile
paper 6@6ia per cent; sterling SO day
bills $3.50; commercial 60 day bills on
banks 1898; commercial so day bills
S3.32t demand $685.: cables 1897.
Francs, demand l4.47c: cables i.45c.
Belgian francs, demand l4.l2c; cables
1i.l0c. Builders. demand 81 S-lGc; ca
bles 81 lI-l6c. Lire. demand lS21c:
cables 1880. Marks. demand l.O2c: ca
hles l.03c. Government bonds irregular
Railroad bonds weak.
Time loans strong; 90 days, go days
aud six months 9lr per cent. Call
money easy: high, 10 per cent; low, 6
per cent; ruling rate. 10 per cent; clos
ing bid, per cent; offered AZ per
cent: last loan. $ per cent: bank accept
anCes 5& per cent
Sterling weakened again In The late
trading. Sterling 6n day bills 533@:
commercial 60 day bills on banks s3.32:
commercial 80 day bills. 1881 I de-
mand S3.35i.c: cables $685..
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
LIQUIDATION IN
STOCK MARKET

NEW YORK, Feb. l0.-A7othsr wave
or liquidation and short selling swept
over the stock market today. carryins
nrlces far below levels reached last
week. when the slump IN foreign eN-
change caused serious impairment.
Little attention was paid to free offer
ings OF call money al 10 percent with q
subsequent rate Of SIX percent ana tho
January tonnage report OF the Cn'tea
states Steel corporation. confirming re-
ports OF mounting business In that IN
portant industry. was altogether
ignored.
IN the further absence OF construc-
tive leadership u WAS comparatively
easy TO bring about additional shrinkaGo
Of quoted values. This was especially
true OF stocks. which are likely TO be
most adversely affected BY the marked
rcadiuStmsnt OF foreign trade condl-
lions.
Shares OF leading shipping companies
again reflected this prospect 70 con-
siderable extent. but heavincss which
later verged upon acute weakness. was
shown by steels, oils, motors ana spe-
cIalties or all descriptions.
Rail OF the highest grade also partioi-
pated In the decline. extensive offerings
OF those issues probably resulting IN
large part from the threatened walkout
Of one OF the railway brothorhoods.
According 20 trustworthy reports.
much OF today's selling bore the stamp
OF foreign origin, which Was accepted aS
an aftermath OF tho recent collapse of
international. credits. Offerings were
unrestrained In the final fifteen minutes
when il was rumored that further cur
,allment OF loans was under way.
Net losses OF five TO nearly 20 points
we're made by General Motors. various
motor Specialties, oils. shlppings, equip
ments. steeis. textiles and wide vari-
ETY. OF miscellaneous issues. lowett
prices ruling generally at tho fsverish
close.
Sales amounted TO l.o5O.000 shares,
Liberty bonds were heavy. but weak
ness prevailed in the Industrial list and
minor rails. Sales (par ralue) Rggre-
gated $la425,000. Old United States
bonds were unchAnKed on call.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
The Chocolate Soldier"
Opens to Fair House

THE Chocolate Soldier" ah"unding IN
musical numbers that are all intact ana
the sort that can be listened 10 again
and again. is tn" popular attraction nj
the Court Theatre which D'aI"d 70 Il
fair audience last, night ard should re-
peut tonight TO a capacity house. Music
lovers as we'll as thus" who delight IN
comic opera will be enthusiastically de-
lighted with Ralph Dunbar's latest ION
trihuticn and rc;ival of "Th" 'h"r"iai"
Soldier" Those who viewed the GER
Torrance Of Robin Hood Will HouCh
that last nights offering won by b'G
margin.
Tho Chocolate Soldier" is played by
n cast Of talented performers. James
Stevens - most convincing IN. THO role
of The Chocolate Soldier" and las voice
and style without a dOuh, 10 has credit.
"Naduu" Is easily given rnusInE rcccp-
ton from the lips Of Helena Morrrll.
who also takes we'll through the fHc,
that abe can sing t. y" understood.
George O'Uonncll as Colonel fop"if WINS
much Of the applause and tins and again
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
Gus Hill Has Great Show

A real minstrel show, built on thor-
oughly new lines. but still clinglnB 10
the traditions of Ethiopian entertain
ment tostered and originated by CHRIST
IL. Bryant and White in the old"n Gays
of the sixties is promised in the latest
edition of Gus Hill's M'nstrelS which Is
underlined as the next attraction AT tne
Court theatre commencing Friday fcp'
IL with mat!nCc ON Saturday as usual.
This band of farCeurs. songSters' luiiS-
terS. capable comedians, NaudeEilliahS'
n,irth provukers. wits and laugh COM
pelling exports includes sixty nurnt-
cork experts along with that dean OF
black face rcvcGry and tom-toolerk'
George Wilson. Many novelties ana leu
lures herald this organization as the
prrmicr Of It's kind. Sweet voices reai
dancers, testers who know how to JEST
droll surprises and other unusual IN
kredients form part OF an entertain:
ment calculated TO provide unaiIoyeo
nncrriment. Three hours are required 10
round out the show and something Is
happcning all the time. or course there
will be the usual street parade sea'>
are now on sale.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
tupAA

NEW YORK. Feb. l0.--Tho local mar.
ket for raw sugar was weak and lower
with holders offering freely n: reduced
prices In order to effect sales with nuy
ers again holding Off and sales Of only
1880 bags were reported az ltc coS'
and freight equal to l204c FOR crutri-
fugai, although moro was available. The
close was unsettled at lie for Cubas
cost and freight. equal to 12.04c FOR
centrifugal.
There was no change In refined pres
which are lister at l5c to 1SC for fine
granulated with some delay In deliver
les reported on account OF the unfavor-
able transportation facilities. The do
mand. however. is good and whatever -
offered finds ready buyers.
The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1920-02-11
INTERNATIONAL
|-NETAL|SM
Urged By Senator thomas as
Remedy For the Exchange
Menace

WASHINGTON, Feb. l0..-DeclarinS
,ho, fnrrirn exchange had become the
sinister international problem VIM VIM
the last six morths ana unless S,,i a. oysr-
whelm international trade, senator
THOMAS Democrat, Colorado uTScu IN i
rncrrh today tho rcestabltshmcnt OF me
old rate between gold and silver anu '"s
creation Of international oi-metai SIN.
",Tbe time has come" he said When
,uerica should take the initiative ana
rnnsv It's proposal Of 1897 for the cstan-
itshment OF parity between the ancient
p,nnatarv metals. whose relative values
now oscilatc between 10 y land D TO !.
Europe bcrrft Of gold. and oMIdeheo
with an enormous debt, Senator Thomas
declared, faces the problem ~ rc:cstao-
fishing and demonstrating her foreign
trade and would welcome amy system u,
International Stabiltzation or silver anu
gold values that could be aCcolhp' sHvu
Without cndangrrins the hnanciaf struc-
lure Of International commerce or cred
Il. ,.
THE whirllgig If time he declared.
had made Applicable. &" gold today the
same arguments that were used against
silver In 1895 and % Senator am. -
declared that events have coniounded
tho contentious Of the advocates OF the
gold standard supremacy. JUSTIFIED the
ARGUMENTS 0f the defenders If silver ana
confirmed tn" wisdom Of the theory or
bi-mctalISm.
The United States cannot coin silver
dollars today except al loss" Senator
Thomas said. and the condition VIII soon
apply % we'll to fractional currency.
On such a basis he declared. the CONS
will 20 TO tho melting pot AS fast AZ
they are made and inevitably preCipitate
throughout the world n famine in frac-
tiunal currency unless tho ratio s'a adj
justrd by international agreement
The volume Of paper money IN the
world IS out Of all proportion to the
value OF specie, he SAID. and IN this con-
d.t!cn lies tn" seat Of the International
exchange crisis. At the beginning OF
the world war the total paper money or
the 80 principal nations ~ the world
amuuntcd 10 about seven billion dollars.
h, declared. and in December l9ls 4 has
Increased 10 more than 4h.Onn. nO0. moo
dollars, which the gold reserves NJ the
same countries had remained practically
stationary At around seven billion dol
lars.
',NNr NAV, indeed We must Senator
ThummS added, "l"ud our CrtC;t tn those
whose trade w need hut We cannot. save
hv mutual ngre"m. Iri for tho nXitY of
exchanges. r"muN" the ganhlInR element
from inlrruat .unul lrHd" SilmuIarc> m
tcrnatiural CuuId.uC" in modern cur
rrn,,y systems. r'akr thu problem Of de-
fiaiIu. comparatively easy and reeStah-
lash the rurini" Of a saner and more
.,lru"ndHbls monetary medium