davidaulloa/AmericanStories huggingface dataset:
The Holly chieftain., 1920-08-12
LOCAL AND PERSONAL.

If you want to know anything
about paint-its cost. etc-tele-
phone l3I. S-tf
Your choice of any trimmed hat
in the shop for $2.9S. LIZZIE
BE DERS. S-y
Mr. and Mrs. J. E. Saunders went
down to Hutchinson yesterday to
spend a few days.
Phone 13l and tell N. o. Howe
your paint and paper hanging
needs he'll do the rest. 9-tf
N. o. Howe can save you money
on your painting and paper hang
ing. Phone l31 and let him tell you
about IT. 9-tf
w. H. Shively shipped carload
of beef cattle to Kansas City last
Friday afternoon, accompanying the
shipment.
F. J. Gretchen bought Section rs
in Township q Range 43, north of
Coolidge this week through c. A
Pinkham.
C. A. Pinkham bought the J. D.
Kennedy half-sectiOn south of Holly
last Saturday. The consideration
was $4,000.
A. M. Dicks, manager of the Deer
field Alfalfa Milling CO., moved his
Office from Holly this week to Deer
field, Kansas.
Mrs. E. A. Sunnafrank who was
operated on for appendicitis at the
Lamar hospital recently returned
home Saturday.
Fritz Thompson, five miles north
west of town, bought one OF those
handsome Buick Six cars from
Jones & Lee last week.
A postal request to have his pa
per changed states that c. H. Imm-
roth has moved from Hutchinson
to Great Bend, Kansas.
Miss Mabel Carlton who has been
visiting friends and relatives in
Green Forest, Ark. the past few
weeks returned Saturday.
Persons having rooms to rent to
high school students or teachers, or
The Holly chieftain., 1920-08-12

ley, California. The many friends
of Mr. Quinn extend congratula-
tiOns for a happy welded life.-La-
mar Daily News.
The buffalo grass on the prairies
has turned green again and j. l..
Eales states that his cream business
has increased considerably the past
week. Nearly forty cans of
cream had been received by Thurs
day, and Saturday, his busiest day,
yet to come-Eads Press.
+. w. Stewart came down from
Rocky Ford the latter part of
last week to look over Holly as a
location for opening an auto sales
establishment Though there are
already four of these places here
now Mr.. Stewart said he was very
favOrably impressed with the town
and it's territory as field for his
line. He will reach final decision
in the matter in h couple of weeks
The hustling sales agent and resi-.
dent manager of the Miller Brothers
& Co. Automobile and Tractor es-
tablishment here, was down town
early Saturday morning with box
of good cigars on his desk which he
was dispensing to his friends as
they dropped in, with the dignified
announcement that a handsome lit
tie daughter had arrived at his
home that morning. Most of 'em
are boys this year and naturally
Ed feels pardOnably chesty.
The Holly chieftain., 1920-08-12

FOR SALE-240 acres fine, fairly
improved non-irrigated land south
of Holly. Dug out, good well, barn
and granary; fenced and cross fenc
ed. This is good buy and will
make some one a dandy farm. Call
at Chieftain office. c-6-tf
The Holly chieftain., 1920-08-12

FOR SALE-One l0-room and one
5-rOOm house. See Smith. loft
j. B. Rhodes, proprietor of the
Rhodes Garage & Machine Shop,
and family, returned home yester-
day from pleasant three weeks
Vacation spent in California
The Holly chieftain., 1920-08-12
ROY G. HOLBERT

Candidate for Republican nom
ination for County Clerk of Prov
ers County in the primary election
to be held Tuesday, September Ia,
1920.
The Holly chieftain., 1920-08-12

FOR SALE large building 24x5O
feet on Santa Fe Street opposite
park. Suitable for ranch cattle
sheds, etc. Also fine Jersey COW.
Prices right. Call Wednesday or
Saturday.-Daisy Agnes Temple
loft
The Holly chieftain., 1920-08-12
Scrap Iron Wanted.

] am in the market for mixed
scrap iron and will pay the highest
market price for same delivered at
Holly, Colorado. Headquarters at
Holly Feed Yards.
A. H. CRUMPACKER.
loft
The Holly chieftain., 1920-08-12

FARM FOR SALE-Two miles west
of Bristol, SO acres. one of the
best producing farms in the valley,
GO acres in alfalfa, improvements
fair. Write or phone l.. w. Fee,
owner, Wiley, Colo. S-11
The Holly chieftain., 1920-08-12

FOR SALE-Old newspapers suit
able for putting under carpets OF
on shelves, at The Chieftain office.
cents per bundle. 6-tf
The Holly chieftain., 1920-08-12

FOR LE-Second-hand Under
wood typewriter; at a bargain. Call
at Chieftain office. Soft
The Holly chieftain., 1920-08-12

FOR SALE-Dozen and a half quart
Mason fruit jars, four half-gallon
jars and four pint jars, 130 jelly
glasses. Whole lot for So. Inquire
at Chieftain office. %
The Holly chieftain., 1920-08-12

FOR SALE-Six room house, modern
except heat. Good location. /. N.
Swafford. 3 If
The Holly chieftain., 1920-08-12

FOR SALE-Two teams of heavy
work horses, weight about 2400
each. Price 1925. each. L. l. Wilson,
four miles south and two east of
Sheridan Lake.
The Holly chieftain., 1920-08-12

FOR SALE Registered DurOc Jer-
sey Boars, Grand Champion Boar
at Denver Stock Show last January
February and March FarrOw Bert
+. Sterrett, Bristol Colo. 1913
The Holly chieftain., 1920-08-12

of non-irrigated wheat land, wells
on both, fenced, barn on one. Locat-
ed 80 miles south of Holly. Priced
to sell. Call at the Plains store. Att
The Holly chieftain., 1920-08-12

FOR SALE-Sharples Cream Sepa-
ratOr. large size, good condition.
A. B. Wells, Holly. 7-tf
The Holly chieftain., 1920-08-12

FOR SALE-One auto trailer. In
quire at Tire Hospital. 3tf
The Holly chieftain., 1920-08-12
METHODIST CHURCH

METHODIST CHURCH
All the usual meetings Sunday,
August 18th. the pastor preaching
morning and evening. Shall be
glad to have you with us.
G. F. LUCAS, Minister.
The Holly chieftain., 1920-08-12
= = = = . Z 9 Z 8 Z Z = . .
!, PLACES OF SUNDAY /:
; WORSHIP in HOLLY >
Z &44444&&444444

PRESBYTERIAN CHURCH
The Sunday School service will be
held at 1890 next Sunday morning.
August Is; with the superinten-
dent, Mr.. Elmer E. Powers in
charge. THE Sins and Sorrows of
David" Samuel 1910 and S-1-15,
will be the topic and text of the Sun
day School lesson. All are cordially
invited.
WILEY X. WRIGHT, Pastor.
BAPTIST CHURCH
Sunday School, 1000 a. m. Morn
ing service l1:OO a. m., subject,
Are the Heather Worth Saving?'
b. Y. p. u, 7:15 p. m. Evening
service, 500 p. m:, subject Come
and See.
T. NJ. GRAHAM, Pastor.
The Holly chieftain., 1920-08-12

Word comes from California that
Mr.. Roy Quinn, former agriculture
teacher of the Lamar High School
and Miss EOla Moore, were united
in marriage August End, at Berke.
The Washington herald., 1920-05-10
DIVIDENDS DECLARED.

proportion OF this which, would be
included under the items Of its pro-
hibited furniture is probably ex-
tremely small. Fountain pens are
among the prohibited articles. and
of these our exports to France were
in 1918 $4,000. Buttons of glass,
mother Of pearl, tortoise shell. and
precious metals are prohibited. but
our entirr group of buttons ex-
ported shows only s4.552 worth GO
ing to France in 1918.
Clothing, underclothing and nec-
essay articles for clothing" arc in
cluded in the prohibited list and
are somewhat difficult TO dfstin-
guish in our own export classifica-
tion. which shows s35.ooo worth of
Knit underwear, $4,000 worth of
other knit goods, sI5T,0oo of "othe-
wearing apparelsfor men and boys"
and s3l, 900 of ''other wearing ap-
parel for women and children" sent
to France in 1918.
In collars and cuffs, which are
.on the prohibited list, our exports
TO France in 1918 are stated at sos.
ticles included on the list, our own
figures of "oilcloth and linoleum OF
all kinds to France in 1913
amounting to only s2o,S ,S61, though
what proportion of this would be
classified as '-inlaid" our export sta
tistics do not indicate.
The Washington herald., 1920-05-10
4 MARKET OPINION.

A change Of tone in the marker
letters OF Stock Exchange houses
was noted at the end Of the week.
Even these whs stlii maintain thar
we arc In q bear market predict
that prices may work higher for
the time being. An example 10
cited in the case Of Wrenn Broth.
ers. who say:
while II is always dangerous to
expect rallies in bear market.
stock prices are beginning to look
stronger" There Is some Improve
ment In the monetary situation. at
least for the time being, and the
aggregate amount of business
which the banks ordinarily have
to handle pretty steadily diminishes
from April until late summer. Yet
one should not look now for any
thing more than n temporary up
ward movement. The.change in the
situation Is largely superficial; the
price OF new capital Is as high as
ever; the bank loan imitation has
not been remedied. and the read
justment OF commodity prices to q
peace basis has hardly made n be.
ginning. Some of the old seasoned
stocks OF demonstrated value ought
perhaps to be purchase for a
turn. but In the event of any sharp
rally amounting to a third or q
half Of the recent break one would
have to reconsider the position oi
the market"
The Washington herald., 1920-05-10
new BRITISH a
BUDGET
Proposed Schedule Would
Give England Billion
Dollar Surplus.
REDUCED EXPENSES
Drastic Curtailment With
Increased Revenue Ex-
pected to Bring Results.
REDUCED EXPENSES

The oUtstl l7ding feature Of the
new British budget recently intro
cuced in the house of commons. bT
the chancellor of the eNchequer is
it's proposals for ending the new
fscaf year with e billion dollar sur
plus. This proposal, II carried out.
will give Britain for one year .
sun for debt redemption equal to
the total annual expenditure Of the
United States government before the
war.
The fiscal year eIding last March
81 resulted iH a defcit of sI.Ss5.-
100000 Calculating exchange as
normsD. This figure. together with
the proposed surplus for this year.
therefore. means improving the
rev Is2o-2l budget by over s2.724.-
OoO. 900.
This improvement is to be brought
about by reducing expenditures by
s2,3i1. 100000 2 nd increasing revenue
by s3SS. .Ooo. 600.
During the fiscal year ended lasa
March the British nation produced
a revenue Of S+.5iO.OoO. .Ooo. OF this
revenue tsXe5, direct and indirect.
produced over s4.S54. .OOO.O .OOV. a sum
equal TO one-half OF the total Euro
pean war debt to the United States
During the present fiscal year Of
ls2O-2l the British GovernmeRt now
intends TO levy new taxation which
with other additional revenue will
Increase total revenue by $685.
COZ. 900.
This years expected surplus OF
more than $1,000. .Oee.SGO. the chan
cellor announced. will provide a
sinking fund of per cent. OF the
total national debt. or this sum he
plans to apply $4,000 900 to re-
duce the hoatiag debt. This fiEure
equals 5 Is per cent Of the floating
uebt which on March 81 stood At
sC.376 600, 900.
we have been told" said the
chancellor to :he house of cora-
mons. that two such budgets might
destroy the empire. l will not stop
to retort that twenty such budgets
would redeem the whole Of oar
debit"
During the war. according to the
chancellor. the British people met
! Ey taxation and miscellaneous re-
ceipts 36 per cent OF their expenses.
! borrowing the remaining 81 per
cent. During the year ended last
Msrch they paid SO per cent of their
expenses. The new revenue which
Chancellor Chamberlain lie providing
for this year will be 1ls per cent OF
iexpenses. This extra ls per cent is,
1 therefore. an expression Of the grim
determination OF the British nation
to turn the corner in it's postwar
J finances, make substantial re1uc-
{ tions in its war obligations and as
soon as possible re-establish British
credit throughout the Eorld.
The Washington herald., 1920-05-10
Az xr.xsc1AI zpyt.rlzrre Aoorf.
sisr1 l1sz a HiEa 5 s6ss7IsTIsz1la 7Is5 szraP
A SPIRIT OF FAIRNESS.

Up In watertown. New York.
wheresthe employees Of the New
York Air Brake Company have
been talking over certain wage
matters with the manaeement. an
agreement has been reached &c
leave the settlement Of the work.
ers grievances 20 the shop COM
mittees. consisting OF i've union
men, hve non-union men and five
Representatives Of the company.
The committee has adopted q res
olution In which II shows a spirit
OF fairness in the efforts to reach
an adjustment OF the demands Of
the employees. The resolution says:
Resolved. that we, the shop COM
mktee. find that there is a general
feeling among our fellow employees
which We represent that the CON-
pany should grant some financial
consideration to machine shop en-
ployes. We have purposely re-
Trained from submitting a wage
scale as we feel triat the company
has just passed through an era OF
poor business. and we believe that
they are better able to determine
what concessions they are able 10
make at this time than anyone else
Our spirit is to be fair with our
employer and we believe that we
are entitled to equally fair and
prompt consideration from the
COMPANY"
The Washington herald., 1920-05-10
Federal Reseroe Statement 49,
Reflects Loan Contraction

Liquidation OF ovcr 3o,e9o, 900 dis
counted bills and reduction by sS.4
millions in Deposit, liabilities arc in
dicased by tee Federal Reserve
Boards weekly bank statement is
sued at close OF business Friday.
FEDERAL Reserve note circulation
shows an Increase for the week of
i!.S millious, and cash reserves
gain of 5.3 millions, largely in
gold. As a consequences. the banks
reserve ratio shows rise 70. the
week from 42.4 to az per cent.
Holdings of bills secured by Unit
sed States war obligations declined
By I'll millions. and other discounts
oy So millions. Holdings of acccp-
tanccs purchased in the open mar
ket sor the first time since January
% snow small Increase for the
weex, the total reported. I03.s mil
Hons. being abcIt 1855 millions be-
low the high figures shown during
the first month OF the ycar. Treas
nrJ certificats holdings Increased
BY s.. millions, while total earning
assets declined by si.4 millions,
OF the total cf 1,444.s million. Of
loans secured by g6ver.ment war
oeusatioEr ss5.a miiiieas, or AS
The Washington herald., 1920-05-10

sary to the working Of our existing
Industrial order. The restoration
OF money standards that will be
reasonably uniform throughout the
commercial world and reasonably
stable over periods of time, clearly
is desirable. A return TO the sold
standard. which constituted a work
able system before the war, seems
the most practicable way out or
present difficulties.
Eventually. the resumption of
gold convertibility in the several
countries will involve a redistribu-
tion of the worlds stock Of the
metal. AS gold is restored to its
monetary uses in those countries
now on paper basis which are suf-
hciently strong to undertake the
process of dehation. their require
ments for the metal will increase
In some other countries, which are
too weak to follow a rigorous pol
Icy of deflation. the possible clear
ing away of worthless paper cur
rencies may leave a money vacuum
to be filled by some sort OF specie
money. This also would occasII .
a considerable demand for gold.
Consequently. those countries-the
United States and South American
and Oriental nations-which as a
consequence OF the war have ac-
quired an abnormal proportion Of
the worlds stock of the metal, may
reasonably anticipate a persistent
drain on their holdings. compelling
the readjustment of the credit
structure within themselves until
an approximate world equilibrium
has again been restored.
In the future. however. 1t may
be expected that gold. in it's money
uses. will be employed much
more effectively than in the past.
During the war. throughout Eu-
rope and America, gold has disap-
peared from actual circulation and
has been concentrated in the re-
serves of central banks. with the
improvement of credit facilities
there is less and less reason for its
actual employment in circulation.
In the United States before the war
the people generally preferred sub
stitutes for hard money. The war
has probably done a good deal to-
ward educating the people in the
more important European countries
to the same view. The stocks of
gold. therefore, will be held in bank
reserves. Its freedom Of flow be-
tween monetary and commodity
uses will continue unimpaired; 1t
will serve as in the past in settling
foreign trade balances. Thus, with
little or none OF it in actual circu-
lation. gold may again serve as the
standard of circulating media, and
as regulator of the volume of
outstanding credit"
The Washington herald., 1920-05-10
Lifetime Investment Opportunity
Now Offered in Liberty Bond Issues

Continued liquidation of Liberty
bonds was the feature of the bond
market during the past week, 1t be-
ing reported by several of the larg-
est Wall Street houses that selling
of an important character had come
! in the market, particularly from
Western and the Middle West Sec
tions of the country. 1t was sur
Iprising to note the large number of
small pieces, such as $50 and 500
denomination bonds which were re-
ceived from that section of the
country. This was Immediately in
terpreted as indicating that much
of the selling had been by small in
vestors, presumably many of those
who have been and still are on
strike in the railroad yards and
other lines had found Il necessary
to dispose Of Liberty bonds in order
to provide necessary funds to tide
them over their present dilemma As
result many new low quotations
were established in this department
with no indications of any immediate
change for the better at the end of
the week. 1t Is fully realized that
the Liberties at present quotations
AAo"Ay AoSNANS lEOH1
Vestment point of view and Ii Is
said that the buying OF them on
the decline has been equally as good
as the selling. Many have been
awaiting such an opportunity and
have not been slow in taking ad
vantage of the present situation.
For the individual who has funds
for permanent investment bond men
there Ia hatfAr o..
their employment than through the
purchase of the Liberty issues. not
withstanding that the numerous is
sues of short term securities which
have been put out recently carry a
somewhat higher rate of interest.
There was a feeling OF gloom in
the bond trade at the end Of the
week over the outlook for the situa
tion as a whole. 1t being pointed out
that the scarcity Of furds, par
ticuiarly in the Middle West, has
been n factor in influencing the
lower quotations established. That
there is plenty of mCIey awaiting
investment in the right kind Of Sc
curities Is fully reflected in the ra-
pldity with which some OF the more
| recently offered issues have been
snapped up by Investors. For in
stance, during the past week, the
Delaware & Hudson Comrany Of
fered IN issue OF 100000 Of
/ boEdI which was sold within one
hour from the opening OF the books.
while a similar result was achieved
in the case OF s2,5oo.o 900 Norfolk &
Western notes, which were offered
at the same time. Only a short tim
ago also the New York Central and
Pennsylvania Railroad Company
/ offered large smourts ot tan-ycar
securities which were snapped up
witS almost equal rapidly. 1t
should be rsmc mbered, of course,
that the interest return on these
issues was we'll above the average
for most securities outstanding, but
satisfaction y as oppressed in tho
trade over the fact that the res
ponse was so whoIe-hearted and
general.
Generally speaking, quotations
fer high-grad bonds. as we'll as
many OF the issues OF short term
notes. have shown a Scwnward
trend for several weeks past and
bond men say that the volume of
business had dwirdled considerable
during the, past four weeks. Until
such time as the credit situation
The Washington herald., 1920-05-10

tanned from our oficiaI records.
since everything of this character
is grouped in our export figures un-
der the general classification of
parts of automobiles" or this en-
tire group, parts of automobiles, .
the total to France in 1917 wa.
s3.sSs,s04 and in 1918 S3,7oo.S1,
though what proportion of this
consists of Chassis" or "bodies'
cannot be determined.
Photographic paper and films are
also on the prohibited list and
while our export statements do not
name these in specific form, they
may possibly be included In our
export classification "other sensi-
tized goods" of which the exports
to France in the latest available
year was but $4,000. Toys ana
parts thereof are specifically named
in the French prohibited list and
the latest figures of exports of toys
from the United States show a To-
tai to France in 1918 of s7,305 as
against S11,2Ss in the year preced-
ing tho war Wall paper is also In
cluded, but an examination of the
0NPOiN hSSVt" ShO"b tHdl alnG eX-
port of paper hangings from In,
United States TO France have been
nothing since the beginning of the
war and even In the year precedins
the war only s522 worth. OF cor
sets and materials for their manu-
facture, which appear in the list of
articles prohibited. our entire ex-
ports seldom reach as. much as S2,-
100000, while to France the ON
cial records show In 1918 s3.3to
worth.
= a long list of articles under the
general classification of furniture Is
included, though large proportion
of these are of the class inlaid with
mosaics or decorated with incrusta-
tions of varied descriptions, while
our own statement of exports Of
furniture of all kinds. decorated or
otherwise, TO France show a Grand
total Of sl5.eoo in 1915. though the
The Washington herald., 1920-05-10
Restoration of Gold Standard
Will Readust Monetary Situation

The United States and South
American and Oriental nations,
which as a consequence of the war
nave an abnormal proportion Of
the worlds stock OF gold. may rca-
sonably expect a persistent drain
on their holdings of the metal until
an approximate world equilibrium
has again been restored, the Ma
tional Bank OF Commerce in New
York says. This will compel the ma =
tions SO situated to readjust their
credit structures within them
selves. At present, the bank de-
ciares. the world monetary situa-
.tion is unique as a result of the
war which overturned the currency
systems of Europe.
A return to the gold standard
throughout the commercial world
seems to be the most practicable
solution Of the current monetary
problems. according to the bank.
To bring about this return, It saws,
the prevention of additional infia
tlon' the more or less gradual re-
auction OF the volume of outstand-
Ing currency and credit and the in
crease of production are necessary,
prediction that gold will be en-
ployed for money uses more effec-
tIVeiy In the future than It has been
In the past also is made.
1t is shown that between 1913
and 1918 the money stocks of gold
IN france decreased from $1,000
100000 to s664. 900. 900; in Great
Britain. from ss30.o0o 900 to $685.
100000; in Russia from Sl,0l2,Ooo,-
600 to s4l2.0oo.0oO. and in Germany
from SS16,000,000 to S720.O00, 900,
Using the eNyear 1918 as a 100 per
cent basis, currency in the larger
countries had by 1919 increased as
follows: United Kingdom, 244 per
cent: France. 375 per cent: Italy.
4SS per cent: and Germany, SIS per
cent. During the same period the
currency expansion in the United
states reached only III per cent.
In countries which have devel-
oped the use of credit to a high de-
gree, the war occasioned a similar
expansion In the volume of credit,
Is pointed out. In England, ac-
cording to a recent estimate, the
volume OF bank deposits, exclusive
OF those in the Bank OF England,
approNimated f1,070,000. 900 prior to
the war and at the end of 1919 to-
tailed f2,30o. 900. 600, an increase of
ll5 per cent. In the United States
deposits subject to check increased
from sS.520.oeo.000 in June 1913 to
$2l,o64,oo0,00O in June 1918, an ad-
vance of 147 per cent.
The war played havoc with the
worlds money. and itss restoration
to soundness Is one Of the major
problems now to be solved" the
bank says. Good money is neces-