davidaulloa/AmericanStories huggingface dataset:
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03

The weight of q United States sill
yer dollar is 412.5 grains, of which
amount 90R, or 371.25 grains, is Of
pure silver. There are 480 grains
in an ounce of silver, and at 81 per
ounce the silver in silver dollar is
worth seventy-seven cents. When
silver is worth $1.2929 per ounce, the
silver in a silver dollar is worth
just 81. When the price of silver
goes any higher than Sl.2929 the
dollar is gradually heading toward
the melting pot, and the higher the
price goes beyond that the surer the
dollar is to land in the pot On
November "a silver touched $l.375
at New York.
The subsidiary coins of the United
States do not contain the same ratio
of silver as the dollar. When
newly minted dollar contains 37l.2b
grains of pure silver, the newly
minted fractional currency contains
only 347.22 grains, so that the value
of the silver in the smaller coins is
less in a dollars worth Of them
than is the silver in a silver dollar.
When silver is $l.3828 per ounce, the
silver in dollars worth of sub
sidiary coins is worth just 500. The
reason for making the subsidiary
coins worth less than their face val
ue was to prevent their being ex-
ported or melted.
The disappearance Of the smaller
coins is largely attributable to hoard
ing. All the mints in the country
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03
HOLD FINE ART EXHIBIT
AT COLVILLE GYMNASIUM

Recognizing the educational ad
vantages to be derived from oppor-
tunities to see good art the sGperin-
tendent of schools has arranged for
?. splendid art exhibition of 200
pictures to be held at the gymnasium
next week, April 7, 8 and ., from 2
to 9 p. m. each day.
This collection, consisting in large
part of carbon photograph photo
gravures and prints in full color
made directly from the original great
masterpieces of the world, is selected
by art experts and should interest
every one, both young and old.
A small admission will be charged
the entire proceeds of which, after
deducting the expense Of the exhibit
will be used in the purchase of pic
lures for wall decoration and divided
between the grade and high school
buildings.
The collection has a distirctly edu-
cational purpose in view, being ar
ranged TO show the development of
art from the pyramids and temples
of Egypt through the fine old classic
architecture and sculpture, Italian
paintings, Dutch, French, Spanish,
English, and American. Catalogues
will be obtainable.
The pictures which will be exhibit
ed will not be for sale but it vii!
be possible to purchase exact dupll-
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03
Silver Dollars Worth Face Value Today

are now working twenty-four hours
per day, but are unable to meet the
demands for subsidiary coins. Can
ada is in the same predicament and
is discussing the advisability of re-
ducing the percentage Of pure silver
in the subsidiary coin, so as to fur
ther insure against its being hoard
ed, melted or exported.
The Chronicle (fnanciaD of New
York says that if steps already
taken to preserve the integrity of the
United States money do not succeed,
"there are only three courses re-
naming. The first is to release
more silver by reducing the value of
our fractional coins, a step which
naturally is approached with some
reluctance. The second is to sell
more goods in the Orient. | have
already mentioned the difficulties in
the way Of this A third altena-
tive, which seems equally impossible,
is that Americans and Europeans
shall stop buying in the East"
On December 8 bill was actually
introduced in the house of represen-
tatives by Representative Platt pro-
wiling for the rccoinage of all sub
sidiary coin in the United States, on
basis of 800 grains of pure silver
to the dollar of fractional currency,
a proposed debasement of 2223%.
The real trouble is that there is
not enough actual gold and silver in
the world to properly sustain the
great amount of business.
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03
THE WIDOWS SPITE

The parson-"Mrs. Smithers seems
very cross with me-didn't you notice
she almost cut me ?"
The friend-"I'm not surprised"
The parson-"But why?"
The friend-"Don't you remember
when you were preaching her hua-
bands funeral sermon you said he
had gone to better home ?"
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03
IN GOING TO CHURCH
ON EASTER SUNDAY
"a rhapsody based on our admonition
to save. BY GaZelle WalstonD

oh yes I'm going To church today.
almost always do,
! want to see the Easter hats
And pretty clothes =" new.
Three summers ! have worn my hat.
And all last winter too.
But still again this season II
Must look as good as new.
My suit ! bought one year ago.
And | will tell you true,
| pressed and cleaned il up bit
To make it look like new.
That silk dress ! had years ago
Remember it don't you?
| cleaned and turned ii inside out
To make this blouSe-its new.
But shoes and hose. alas, wear out
My steps are not so few;
/ took me To shop to look,
And buy me something new.
What took place there I'll not reveal.
It's all happened to you.
| picked them out Of last years stock:
But anyhow they're new.
Well here's the church. think that |
Shall sit in some back pew.
And take a look at other clothes
To see II they are new.
The Colville examiner. [volume] (Colville, Wash.) 1907-1948, 1920-04-03

Gates by leaving orders with the per-
son in charge Of the exhibit. The
money raised through private sales
of this character will also go toward
the fund for purchasing pictures for
the public schools.
Candies and ice cream will be on
sale each day.
The New York herald., 1920-01-07

mercial paper said yesterday that, in their
opinion. the Federal Reserve Board would
succeed in curbing speculation in mer-
chandise and commodities if it caused Re-
serve banks to advance their discount rate
They pointed to the drastice liquidation
that occurred in the stock market as a re-
suit Of an advance in discount rates on
war paper, which had been used extern
sively to finance sotck market speculation,
and predicted that something similar
would happen in commodities. But to in
sure the success of the Federal Reserve
Boards campaign it would be necessary
for bankers TO cooperate in every possible
way. One method of accomplishing re-
suits would be to refuse to renew COM
mercial bills when they fall due if they
are drawn to finance speculation. Another
way would be to discourage borrowing for
speculative purposes
Bankers admitted that It would be dif-
ficult to draw the line between legitimate
business enterprises and speculation in
commodities in all instances, but main
tanned that in the majority Of cases IL
would be possible for banks to determine
whether commercial borrowers are seeking
accommodation merely to finance a specu-
lation or to forward legitimate transac-
tions.
The New York herald., 1920-01-07
BANKERS DEFINE
"UNESSENTIAL LOAN"

When Governor Harding, of the Federal
Reserve Board. yesterday told Washing
ton that "unessential loans should be dis
couraged," he referred to commercial
loans, not stock exchange credits, in the
judgment of local bankers.
These bankers also expressed the opinion
last evening that Governor Harding re-
ferred to the discount rate on commercial
paper yesterday when he predicted that a
further advance in the discount rate of
the Federal Reserve Bank OF New York
would be necessary. That rate is AZ per
cent. 1t was not advanced when the dis
count rate on other paper was marked up
in November and again in December.
By an 'unessential loan," bankers agree,
Governor Harding means a loan made to
finance speculative transactions. They
also are of the opinion that a great deal of
borrowing on commercial notes to finance
speculation in commodities has been going
on in such commodities as cotton, woollen
goods, cotton goods. silk goods and all
sorts Of foodstuffs.
Bankeres who sell great deal of COM
The New York herald., 1920-01-07
SECOND CONFERENCE OF
BANKERS NECESSARY TO
SOLVE INTEREST PROBLEM
hey VIII Meet Again in Chicago January 2o-Govenor
Harding Sounds Warning That "Unessential Loans"
Should Be Curtailed-Predicts Higher Discount Rate

| WASHINGTON. d. c.. Tuesday.-Pre.
dictlng that further increase over the
present discount rate would be necessary,
Governor Harding, of the Federal Reserve
Board. today appealed to bankers. as
sembled in nationwide conference, to re-
adjust their regulations governing the in
terest rate on bank balances in order that
such an advance would not be followed
by scramble for deposits"
Governor Harding indicated that the dis
count rate would be marked up to check
credit expansion. "Unessential loans
should be discouraged" he declared Fed
eral Reserve banks must be- kept in con-
dition to meet industrial and commercial
demands and ready to provide for any
emergency"
The bankers, who represented clearing
house associations in all parts Of the coun-
try took no final action today, but did
adopt resolutions voicing their Opinions"
in which they declared that the present
sliding scale" of adjusting interest rates
on bank balances is unsatisfactory. At
their request call for a second confer
ence was issued by the Federal Reserve
Board tonight. The conference will be
held in Chicago on January % The bark
ers further declare in their resolutions:-
THAT existing regulations should not be
g abrogated DntiA more satisfactory regula-
tions are adopted governing rates Of in
terest paid on deposits.
THAT the Federal Reserve Board should
always be free to establish the rate of
discount without reference to any clearing
house regula tions as to the payment of
interest
That payment Of high rates Of interest
on bank or commercial balances is un-
nd a nd is fJa n
effort should be made to avoid such prac-
tice."
The purpose OF the Chicago meeting, as
stated in a resolution, will be 'to con-
slider the whole question of interest on
balances in order that some basis may be
agreed upon that will be mutually salts
factory conducive to conservative bank
ing, and benefit the entire business and
banking community
In opening the meeting today, Governor
Harding, OF the Federal Reserve Board,
served notice that the Board did not con-
slider itself bound by any agreement of
Clearing House Association whereby the
interest rate on deposits would be ad-
vanced or reduced automatically in line
with increases or reductions in rediscount
rates of Federal Reserve Banks, but would
act freely and Independently" in taking
any necessary action to meet the financial
situation in various parts of the country.
1--WE do not see why a raise in re-
discount rates should bring about a
scramble for deposits" he said. "The
Federal Reserve Bank rate increases
are only temporary, whereas relations
of the bankers with their customers are
supposed to be permanent.
mo customer should be led to look
upon deposits as an investment and
the banks should not look upon de-
posits other than as liability"
Competition by bankers with the in
vestment market was not conducive to
sound banking, Governor Harding said
The New York herald., 1920-01-07
THE COMMERCIAL TRUST COMPANY


Co%msrsial Trust COMPANY Of New York is by
e the said company hereby called be held the
Sffise Sfft Of the said company Brosdway and 41st
on the 21st day Of January, 1920, at 80 O'Clock
IN the afternoon. The object of the said meet
(a) TO authorize the Increase of the capital stock
Of o1., the sgon from Five Hundred ThO4sand
Hundred pelisTs Ssloo, % each. h. to One One %lliion %
ssnd shares Of the par Value Sf One II mundSsi
Dollars {slS each being an i.e5ease Of Five
sisting Of Five. Thousand t5.OOO) shares Of
the par value of One Hundred Dollars s10o'
(b) TO authorize the offering of such increased
stock t. % Wit; NnG, Five Hundred Thousand Dol
each One Hundred Dollars tsioo par - value
e1al holdings 70 the stockholders Of the the com ON
Ipany %, Of record @ at the close Of business on
scriptons 10 be made on or before such date
sho and under h such ressations and provisions as
mittee: notice OF the time and manner or
making such subscriptions to be given by the
holder Of record on the day so fixed by mali
ing h;s copy ,s Of such notice e,i to each stockhoder
six (8) days bAfore the termna tion of the
period during which such subscriptions can
l',. der the direction Of the said Executive Com
in such manner. at such times and at such
prices as said Executive Committee shall DE-
termne; such prices, however not to b. less
than One Hundred and Fifty Dollars $3.50,
per share; also to consider. act authorize
vote upon and approve any change amend
ment in the Certificate of Organization or
such Bank made necessary by such increase
of its capital stock: and the doing of MI
other matters and things whatsoever In order
that the foregoing purposes may be fully
carried out and completed.
tcl TO take such other action may properly
come before the said meeting in relation to
the proposed increase Of such capital stock
and the disposition thereof.
td) TO authorize an increase in the number OF
The Board Of Directors of said Company from
sixteen 16) 70 Twenty one t2D also to
slider. act. authorize. vote upon. approve any
change or amendment in the Certificate or
Organization of such Company and the Ey-
Laws thereof. made necessary by such In
crease in the said Board of Directors; and
the doing of all other matters and things
whatsoever in order that the foregoing pug
poses may be fully carried out and compete4
(e) To transact all such other business as may
properly come before said meeting.
DATED: New York, January 9th 1920
II. Il. MOORE.
New York.
. J. G. HEMERICH
Of the Commercial Trust Company Of
The New York herald., 1920-01-07
THE COMMERCIAL TRUST COMPANY
az

New York
The New York herald., 1920-01-07
CALL MONEY EASIER.

Renewals for choice mixed collateral and
all industrial securities were made yes
terday at s per cent That's the cheapest
renewal rate since December 27, when
money loaned at per cent.
After renewals had been made there was
a lull in the demand and at half-past two
o'clock the rate was cut to per cent,
at which figure final transactions OF the
day were made.
Rates for prime bank acceptances and
call loans on choice prime bank. accep'
tances were unchanged.
The New York herald., 1920-01-07
DISSOLUTION NOTICE.
AnA,ts \ unrruINE

Notice Is hereby given that the partnership
iately subsistinc under the firm name q Adams
A lluffhinc. ~ lS2 Madison av.. Now YORK citA .
N..N.; was dissolved on riftl dav 81 January
lN.O bN mutual consent.
IrNN AffNNS.
HELEN u HUfFlIlNE.
The New York herald., 1920-01-07

of New York.
The Annual Meeting of the Stockholders Of The
Commercial Trust Company OF New York will he
held At the offices OF the company. Broadway and
4st Street, Borough Of Manhattan, City Of New
York, on the a1st day OF January 1920 at IL
O'Clock noon. for the election of directors. and
for the transaction OF such other business as NAV
properly come before the meeting.
The polls VIII be open from II O'Clock noon 10
The transfer books will be closed on January
18th. 1920. mt II O'Clock noon and will be re-
opened on January 22d. 1920 at 10 o'clock A. NJ
]. G. HEMERICH.
Secretary.
The New York herald., 1920-01-07
Prices Irregular on Paris Bourse.

PARIS, Tuesday.-Prices were irregu-
lar en- the Bourse today. Three per cent
rents, 5Sf. 75c. Exchange on London.
s0f. 9oc. Five per cent loan, SSf. 40c
The dollar was quoted at 10f. 75c.
Arizona republican., 1920-06-30
c. O. P. PLATFORM
 FORMS SUBJECT

(Continued from Page One)
 the establishment of a league of na- tions. They anticipated and answered with aristotle logic the very arguments now advanced against the league.
 The plain fact is that the enemies of the league dictated the policy of the majority in the senate and con trolled the platform declaration at Chicago. While the league plank in the Chicago platform is full of ambi principles of the irreconcilables.
 Says War Prevent Chief Issue
 "The chief issue is whether. the nations to prevent unnecessary wars: whether the waste and sacrifices of unjustifiable conflicts shall be super seded by orderly tribunals for settle ment of disputes among nations. If the Republicans win, the small nations. which obtained their independence through association in the war with the allies. will be overcome by their recent enemies and Europe quickly will collapse into it's pre-war conditions of oppression and threatened anarchy. 1 Our country will incur the distrust &atl contempt of her former allies and our people will earn a reputation for sell fishness and fires sponsibility which will require centuries to counteract.
 .'Will the women of America, who gave their men to our uniform, prove l indifferent to the cause of forever ren- dering impossible the recurrence of | such d struggle as the war just or
 dered2 It is profoundly significant
Arizona republican., 1920-06-30
Opposes Embargo On
 Building Materials
l RepubIiean A. t-. Leased WIrel

NEW YORK, June 29.-Declaring the railroads have placed virtual em- bargo on the transportation of building materials by virtue of recent car serV ice orders, Senator William M. Calder. chairman of the senate special com mittee on reconstruction and produc- tion, today appealed to the interstate commerce commission for hearing to permit the building industry to present it's case.
 Senator Calder said he had evidence from leading building material manU factuTers that there now is sufficient material at the several plants to meet all present requirements of the in- duStry.
Arizona republican., 1920-06-30
NEW ANGLE TO ELWELL MURDER
 BEING PROBED
raennhlioan A. P. Leased Wirel

NEW YORK. June 29-Federal agents today inquired at the district attorneys office concerning s>lheory issuing from there that Joseph B\El- well, wealthy turfman and whist e> pert murdered in his home here June II, may have been killed by boot legger' with whom he had fallen out over unpaid bills for illicit liquor
 Two representatives of James E. Shevln. federal prohibition enforce ment agent for this district, were told by Assistant District Attorney Taley that he got the story from news paper reporer and was investigating 1t
 The report was that Elwell had en- tered into a deal 10 take over d whiSkey consignment for SIP 700. William Barnes. ElweIl's secretary. denied that the slain turfman had participated ir any such enterprise.
Arizona republican., 1920-06-30
SEEKS FINANCIAL
 AID FOR MEXICO

CHICAGO. June 29.-F'inancial q ] for Mexico ana tho establishment or trade connections with Chicago and the middle west will be sought in d visit soon to be made by Salvador Al varado. secretary of the Mexican treasury it was announced today by Manuel Carpio. representative of a Mexico City newspaper.
 Mir. Carpio held informal conferences with several leading Chicago bankers and business men today. Arrange ments have been made for a dinner, at which the Mexican secretary will meet Chicago financial and industrial leaders.
 Mr. Carpio said that among Mexican business was absolute freedom to foreign business to operate according to the laws O. Mexico the revival of the banking system of the country, and an open minded and inviting attitude to the middle west. particularly Chi cago. to do business with Mexico"
Arizona republican., 1920-06-30

way 1T you give them the opportunity. f you'll add to the soldier, the woman rote and the Democratic vote. the Re- publicans won't get enough votes to make them a factor in the coming eIecion-
 Another great shout of approval went up to be redoubled in vigor when he chairman closed his address with the charge that Republicans have trifled with the hearts and conscience of the American people in their han ding of the peace treaty.
 The dry issue got into the sesSloh from an amusing angle An announce ment that a corps of nurses and SIX teen doctors were conducting a hoS- pitaI in the auditorium, drew the lire of a delegate.
 Do they write prescriptions - he through the hall Galleries and floor joined in a burst of laughter from which rose cries of "doctor-doctor- hospital corps this way" and the like When he could be heard the secretary shouted: This is a dry hospital, and he convention rumbled again with nirth.
 Various routine measures transacted lnder the rules before the platform is presented and nominating speeches be
Arizona republican., 1920-06-30

that the movements for woman suf- frage and for the prevention of need less wars proceed simultaneously. The immediate ratification of the equal suffrage amendment will assure vic tory for the Democratic party on a platform favoring the ratification of the treaty without destructive reserva- tions The women Of America stand for peace and against war.
 Never before has a nation wide political battle been waged in the cause of international justice, human ity and peace. The opposition has taken low and untenable ground. Let the Democratic party occupy the heights. Never again will any great political party in America openly in vite disaster by trifling with great problems"
Arizona republican., 1920-06-30

lGontinued from Page Onel
 Tn the spirit of the republic we pro claim Americanism and acclaim America
 The first duty of government is to be true to itself said Governor Coolidge. This does not mean perfec- ton. IL means a plan to strive for perfection. It means loyalty to itself. The ideals of America were set out in the declaration of independence and adopted in the constitution. They did not represent perfection attained. but perfection planned. The fundamental plea was freedom. The fathers know this was not yet apprehended. They formed Q government firm in the faith that it was ever to press forward to this high mark
Arizona republican., 1920-06-30
COAL SHORTAGE IS
 CAUSE OF ANXIETY

BALTIMORE, Md, June 29-While both the Pennsylvania and Baltimore and Ohio railroads were working more men in their yards here today, the scarcity of coal and raw products is causing uneasiness among manufac- turers.
 The Hess Steel Corporation laid off 20 per cent of it's employees because of lack of coal, and A. r. Beck trans portation expert of the Merchants and Manufacturers association, today ad- vocated the confiscating by the city government for local use of 1.200 cars of coal intended for export.
Arizona republican., 1920-06-30
SHOPMEN FAIL TO
 OBEY STRIKE CALL

PHI L ADELPHIA, June 29. = A threatened walkout of Pennsylvania railway shopmen' did not materialize today but II. A. Jeffery. leader of six shop crafts, declared the strike had been postponed mot later than July T." He declared the railway company had offered him $25.000 to drop his demands, which included the discharge of three foremen and reinstatement of others who went on strike in April.
 Railway officials said the bribery charge was too ridiculous and absurd to comment upon. v
Arizona republican., 1920-06-30
HELD FOR MURDER
 AFTER SECT RIOT

TOLEDO, Ohio. June 29.-Albert Sherman, living near Petersburg, Mich, was arrested today, charget' with the killing of Walter Gilday of Erie, Mich, Sunday night during a sect riot at North Whiteford. Mich. He is alleged to have fired the shot which killed Gilday following an .all-nighJ meeting addressed by Louis J. King, who claims to be former priest and devotes himself to speeches against tho Catholic church. Sherman. who was acting as a temporary officer to guard King, against whom there was high feeling, says he shot in self defense.
Arizona republican., 1920-06-30
HOLDS MckELvIE CODE VALID

LINCOLN. Neb.. June 29-The Ne braska supreme court, in decision rendered this afternoon. upholds the civil admins trative. code law better known as Governor McKelvie's code. The court reverses a previous ruling, and declares the law remains in full effect until such time the state legislature repeals it. The decision is based upon the fact that the complain ants against the law failed to file an appeaI from an adverse decision of q trial court within the time required by the referendum statute.