davidaulloa/AmericanStories huggingface dataset:
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07
MINING DIRECTORY

PRINCE CONSOLIDATED MINING
AND SMELLING COMPANY
incorporated under the laws Of Ne.
vada-
capitalization, one million shares.
two dollars each.
Principal ONCE. Salt Lake City, Uts A.
Location Of property. Ely Minins
District, Lincoln County. Nevada
Twenty claims.
Officers: A. H. Godbe. President /.
George F. WATSON. vice-Rresident; W
s Mccormick. Treasurer: M C. Godbe.
Secretary and General Manager; d. l..
Wertheimer. additional Director; j. IL
Hedges. Superintendent: A. L. Scott.
Resident Agent.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Miss Rowena Lee, of Panaca, pass
ed through Phoebe Tuesday enrouta
to the Fogliani school district where
she is employed as teacher. Miss
Lee had spent the Christmas holidays
with her parents in Panaca, and al
so a part Of the time with relatives
and friends in Salt Lake
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

William T. Stewart Jr., Of Alamo.
attended the meeting of the board OF
county commissioners on Wednesday
at which time he was sworn in as
representative Of that district vice J.
w. Wedge, whose term as such had
expired with January list.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Under the efficient management
of VIM H. Hosking, restaurant and
short order house has been opene
up in the Nesbitt block, formerly
o, cupied by Al limerick in Pi,che.
The place was opened up for busIn.
es' the first of This weak
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

John Sweedenburg left Tuesday for
southern California. where he will
look for suitable location. John
has spent the last month in Phoebe
visiting with his family and his many
friends.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Miss Adeline Christian has return
ed to her school at Las Vegas after
spending the holidays with her pa
rents, Mr.. and Mrs. W. M. Christian
in Phoebe
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07
LOUISE MINING CoMpAN,

incorporated under the laws Of the
State Of Nevada.
capitalization one million dollar
divided into one mition share,. %.
value one dollar each.
Principal office, Phoebe, Nevada.
Transfer office, 1903 Hibernian Bldk i,
Los Angeles. Cal.
Location Of mine, Ely Mining d..
trict. Lincoln County. Nevada.
officers and Directors: Chas. L~e
Horsey, President and Director; ]. -.
Thomson. Vice. President and Directo- :,
Chas. A. Thompson, Secretary and
Treasurer and Director: L. G. Gille, :,
superintendent.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Joe Meyers, of Irish Mountain, was
In town on business this week.
Ernest Ferri came up from Cali
ente on business the first Of this
week.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

r. E. Thorley, who is heavily in
crested in the sheen business in this
state and also in Utah, arrived in Pr
he on Tuesday, and spent several
days here looking after business mat
tiers.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

e. c. D. Marriage returned &c. Pr
oche Sunday night after having been
quarantined in Caliente for period
Of three weeks with smallpox. He
emerged from his solitary confine-
ment with his usual CHEEKY smile,
and sparkling eyes, and it Is said he
has remarked to dear and near pals
that being under quarantine "is not
so bad after all--sometimes." Need
less to say. he has resumed his many
duties in Phoebe since returning.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

A delightful card party at the Pr
oche home OF Mrs. Helen T. Morse
on Tuesday evening of this week was
attended by friends of the hostess
and her mother. Mrs. Z. L. Taylor.
of Pasadena. California. Refresh
ments were served at 1900 p. m.
The guest list included: Mrs. Carrie
Orr, Mr.. and Mrs. Victor Huson. Mr..
and Mrs. Edgar Woodhead. Miss Ell
va Baker. F. E. Brown. Mrs Helen L.
Morse and Mrs. Edward L. Taylor.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

William S. Haufler was released
from quarantine yesterday morning,
and Immediately took up his duties
at the post-office. Bill had been in
with the smallpox for a period of
three weeks, and energies none
the worse for his experience.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

One of the best social events Of the
year in Phoebe was the New Years
eve dance held in the Thompson op-
era house on Friday evening. Mrs
j. L. Bowman won the prize for
capturing the 1921 balloon.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Mr.. and Mrs. Harry Devlin have
California, where they visited during
the holidays at the home of the par
ents of Mrs. Devlin. They report =
most enjoyable time.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

]. w. Hollinger, Of Ursine, was in
Phoebe Wednesday. and attended the
meeting of the board of county COM
missioners, of which he is a member.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Miss Sarah ImObersteg, Calienta
attorney, spent two days of this week
in Phoebe looking after business at
fairs.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Luke j. McNamee returned Sun
day from Los Angeles, where he
spent the holidays with his family
He reports his father to be improv-
ing from a recent illness.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Judge William E. Orr left Tuesday
for Ely, where he presided at ses-
ion of district court. The trip from
Phoebe was made overland, Roy R.
Orr of the City Garage, making the
drive.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Mrs Edward L Taylor left We'd
nesdAy for Pasadena. where she viii
attend 70 business matters for a few
days. expecting TO return 10 this city
within ten days. Her daughter. Mrs
Helen T. Morse. Mrs Ethel Sampson
and son Diekie. accompanied Mrs
Taylor to calieate for the train.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

James Ryan came up from Cali
ente Wednesday and was present at
the regular meeting of the county
board, Of which he is a member.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

MizPAH CHAPTER. o. Il. g.. LODGE
No. 10. Phoebe. New. Meets second and
fourth Wednesdays of each month al
$50 p. M at Masonic Hail. All Visiting
tend Marian Christian. Worthy Ma
iron: Maggie Campbell. Secretary.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

James White, of the Prince train
crew, attended the picture show in
Phoebe Wednesday evening.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Reginald P. Jones, of the Irish
Mountain district, was a business
caller in Phoebe this week.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07
LODGE NOTICES

- Pf0CHE LODGE Nc. n. 4 a
- ~ %. W. Meets every Tuesday
&E evening At : o'clock in Il u
a, -. +. Building. on Main Sd.
W. NJ Christian. Noble Grand. Frank
walker. Secretary.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Kathryn Hastings, little daughter
OF DR.. and Mrs. j. H. Hastings, has
recovered from recent illness
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

MIRIAM REBEKAH LODGE Ma. -.
Roche. New. Meets every Thursday
az 1870 D. m at l. U. o. F. Hall. All Wis.
ting brothers and sisters are cordially
invited TO attend Zelpha Metcalf, No
ole Grand; Mrs Ethel Middleton. Sec
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Lee BATHS, of tn Bristol district.
has been in Phoebe for the last few
days on business.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

a ST. JOHN LODGE No. Is, y. a
-" A. "a. Meets a. Masonic hail
n LaCour ST. on the second Sat
~ u-day Of each month at o. m
X X Orr. Worshipful Master:
c A Thompson. Secretary.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Charles G. Stindt has returned to
Phoebe from a holiday visit in Las
Vegas. with relatives and friends.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Kelly Byers, Of the Comet district
spent a par: Of the last week in Pr
oche on business.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

William Culverwell, retiring sher-
III of Lincoln county, was in town
on business Wednesday.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

Charles A. Thompson has been
i'll for the last few days witr a Sc
we're cold.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

John Gilmer. of the Black Metal.
was a business visitor to Phoebe on
wednesday.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

George Warren and Ed Lyle at
tended to business in Phoebe this
week.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07

c. G. Campbell. Of Caliente, was
a business visitor to Phoebe on We'd
nesday of this week.
The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-01-07
E(S Tie ZSvl
K WEEKS i
.LXZQQyZNEYG&Z |

E. r. Holden Jr., has spent the
last week in Caliente on business.
, 1921-11-10
NOTICE FOR PUBLICATION.

Department of the Interior, u. S.
Land Office at Cheyenne, Wyoming,
Nov. 3, 1921.
Notice is hereby given thai Frank O.
Anderson. of Saratoga, Wyoming. who.
on November ~. 1919, made Homestead
Entry, No. 027261, for Lots ., 6, IL. and
II, Section 4. Township 10 N, Range
81 w, 9th Principal Meridian. has
filed notice of intention to make Final
Three-year Proof. to establish claim to
the land above described, before Rob
ert l.. Martin, L. $. Commissioner at
Saratoga, Wyoming, on the 18th day of
December. 1921.
Claimant names as witnesses Alfred
c. Bell, of Saratoga, Wyoming james
Harden, of Saratoga, Wyoming ;
Charles Il. Sterrett. of Saratoga. Wyo-
ming; Boley Shanks of Saratoga. Wyo-
ming.
MART T. CHRISTENSEN.
ll-lO-0 Register.
, 1921-11-10
NOTICE FOR PUBLICATION.

Department of the Interior. L. S.
Land Office at Cheyenne, Wyoming,
Nov. 3. 1921.
Notice is hereby given that Alfred c.
Bell, of Saratoga, Wyoming, who. on
November n, 1919. made Homestead
Entry, No. 027262. for Lots ,, 6, Il and
II. Section ), Township 16 N. Range
81 w, 9th Principal Meridian. has
filed notice of intention to make Final
Three-year Proof, to establish claim to
the land above described. before Rob
crt |. Martin, L. s. Commissioner, Mt
Saratoga. Wyoming, on the 18th day of
December. 1921.
Claimant names as witnesses Frank
o. Anderson. of Saratoga. Wyoming :
james Harden, of Saratoga, Wyoming :
Charles b. Sterrett. of Saratoga. Wyo-
ming and Boley Shanks, of Saratoga.
Wyoming.
MART T. CHRISTENSEN.
ll-lO-5 Register.
, 1921-11-10
LEGAL NOTICES
NOTICE FOR PUBLICATION.

Department of the Interior, U. s.
Land Office at Cheyenne, Wyoming,
Oct. II, 1921.
Notice is hereby given that Eugene
ii. Lederer, of Saratoga, Wyo., who, or
Nov. II, 1920, made Homestead Entry,
Serial No. 021700,. for Lots 3, 6, 7, S,
., 10, Sec. l. Il. 16 N. r. 81 w. 9th p.
NJ, and on Dec, ., 1920, made Add'l s.
II. Hid. Entry, Serial 021T01, for So of
Section l, Township 16 N, Range 81
w, 9th p. Meridian, has filed notice
of intention to make Final Three Year
Proof, to establish claim to the land
above described, before Robert l. Mar
tin, U. S. Commissioner, at Saratoga,
Wyoming, or the 3rd day of Dec, 1921.
Claimant names as witnesses: John
w. Alden, George w. Sisson, Charles
b.. Sterrett, all of Saratoga. Wyo., and
William p. Hays. of Rawlins, wyo.
MART II. CHRISTENSEN,
lO-2O-j Register.
, 1921-11-10
NOTICE FOR PUBLICATION.

Department of the Interior. L. S.
Land Office at Cheyenne. Wyoming.
Nov. 3, 1921.
Notice is hereby given that Patrick
+. Hickey, of Rawlins. Carbon County.
Wyo, who, IN Sept. 3. 1920. made
Homestead Entry. No. O29470. for Lots
., s, 10 and IL. Section Is. Township l6
N, Range 81 W., 9th p. NJ, has filed
notice Of intention to make Three-year
Proof. to establish claim to the land
above described. before. Stella Jung
quist. Clerk of Court, at Rawlins. Car
bon County. Wyoming. on the 10th day
of Dec, 1921.
Claimant names as witnesses, Eu-
gene Francis Hickey. of Rawlins. Car.
bon County. Wyoming: Dennis Me.
earthly, of Rawlins. Carbon County.
Wyoming; Frank Cullen. of Rawlins
Carbon County. Wyoming: James Nal.
10y, Rawlins. Carbon County. wyoming
MART T. CHRISTENSEN.
ll-lo-' Register.
, 1921-11-10
NOT ONLY IN SARATOGA.
Similar Cases Occur Daily In This
Vicinity.

Not only here in Saratoga but in OUT
~neighboring towns, the same good story
Is heard. An encouraging instance
from Cheyenne is given here, and wiz
be read by us with great interest.
Mrs. s. Herman. 1910 Evans st,
Cheyenne, Wyo, say "Doan's Kid
ney pills are a splendid remedy. I
can recommend them highly. l have
used Doan's with benefit when my kid
neys were out of order. l suffered
dreadfully with my back II often had
to neglect my work. Mornings 1 felt
tired and dun. Headaches made me
miserable and my kidneys acted ir-
regularly. l used Doan's Kidney Pirs
and they soon gave me relief from the
b%ackaches and other symptoms of kid
ney complaint"
Price G0c, at all dealers. Don't sim
ply ask for Il kidney remedy-gt
Doan's Kidney Pills-the same that
Mrs. Herman had. Foster-Milburn Co,
Mfrs, Buffalo, n. Y.
, 1921-11-10
Notice of Annual Meeting.

Notice is hereby given that the an
nual meeting of the stockholders of the
Inland Coal Company will be held at
the Office of the Company i'm the town
of Saratoga, Wyoming, at 3 100 o'clock
p. m. on Monday, the 21st day of Nov
ember, 1921.
The meeting is called for the purpose
of electing officers and directors for
the ensuing year, and for the transac-
ton of any other business which may
legally come before the meeting.
Dated this Goth day of October. 1921.
INLAND COAL COMPANY,
By l.. d. Peck, Secretary.
, 1921-11-10
NOTICE OF INTENTION TO CLOSE
ESTATE.

To all heirs and others interested in the
estate of Alexander McPhail, de
ceased.
You are hereby notified that the I'M
dcrsigned Administrator of said estate
has filed his final account and peu-
tion for distribution of said estate
with the CLERK Of the District G1ugt
O: Carbon Comfy. Wyomin.:. where
any person interested i'm said estate
may examine said accoun and petit
ton and file objections thereto, If any.
at any time within thirty days after
the LIST day of December. 1921, and if
no such objections are filed he will
make final settlement of said estate ON
January ., 1922, or as soon thereafter
as the matter may be heard.
j. STEWART McPHAIL,
ll-lO1 Administrator.
, 1921-11-10
Notice to Hunters.

Hunting or shooting is absolutely
forbidden on or about the Sage Creek
reservoir. A. n. McMANIS.
, 1921-11-10
To Hunters and Fishermen.

No fishing or hunting allowed on the
Condict ranch on Brush Creek.
w. C. CONDICT.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21
LITTLE BENNY's NOTE BOOK

Me and Pubs Simkins was wawking
along tawking about vacation coming
and the high cest of candy and diffrent
things, an9rwe passed somebody's fruht
steps with sissey locking kid setting
on them, me saying to Pubs. G, look
watts setting back there with the ely
blue necktie on, bet could lick him
with enc hand behind my back and
my fingers crossed
bet 1 could lick him so quick he
wouldent know wat hit him and he
weuldent have strength enuff LETT to
find out. sed Pubs
Lets ge back and start to get fresh
with him Jest to see wat he'll say, l
sed.
wieh we went back and started to
dc, Pubs saying, Hello kid. does your
mamma know you're out?
Certeny, sed the kid. Preberly not
knowing he was being insulted, and 1
sed, Watts the big ideer of the Viz
necktie, kid? Are yeu trying to hide
from somebody's
wy? How? sed the kid. PROV
ing wat a dunn kid he was. and Pufs
sed, Wat would you de if somebody
came up and gave you a good bust IN
the sneet?
Id call my brother sed the sissey
locking kid. Wieh jest then another
kid came out of the house with his
hat pulled down tasf, the sissy look
| ing kid saying, Hello Bill, these fell
lows wunt to knew wat Id do If they
gave me bust in the snoot.
o they do. heb? sed the tuff look
ing kid, and Pubs quick sed, We de
not enything of the kind, we dident
say enything about us giving him a
bust in the snoet, all we sed was sup
pose somebody did, we dident say us
at all nuthing of the kind.
! -
ing kid sed, Go on, take a wawk be-
fore spit in your eye and drewnd
you.
WITCH we did,
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21

will not return to normal until some
action has taken place. The born
fighter finds his real jeY in the prize
ring OF On the battlefield, even tho
he risks and ultima teiy loses his life.
With all of this psycheanalysis
agrees. 1t teaches you that your real
happiness will be found in doing the
things you deeply crave to do, and in
no ether way And there are legiti-
mate ways of satisfying most of your
cravings.
All of this, yeu will say, is fairly eb-
vious. But it is NOT the basis eff most
of our laws, customs and educational
methods. Parents, guardians, elders
generally. have sought to arrange the
activities eff their children without due
regard for their individual needs. The
boy is educated to be a doctor because
his father is enc, without making first
a study of the boy, whieh might re
veal that he is born politician and
will find his happiness only. in MAX
ing speeches and organizing. The girl
is pushed into an early marriage, tho
her real craving may be fer musical
or artistic expression. Everywhere we
see the assumption that a humansbe-
ing can be made into this or that,
like a piece of clay, that all he needs
is restraint and proper direction. Now
comes science and says that he is not
a piece of clay, to be nodded and
hammered into a certain pattern, but
an individual and pred etermined be-
ing, who must be discovered and IN
derstood.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21

storm. But to Anne the pursuit had
become a symbol She had net the
slightest thought of turning back. If
Philip reaMv wanted to see her-to be
with her-badly enough not te give
up in spite of aHything-wen, she
would test him to the utmost of her
strength.
And Philip-it seemed to him that
his very life depended On evertaking
that light figure flying before him inte
the teeth of the storm, even as his
happiness must depend en- what was
to transpire at the end of the chase.
He was gaining fast. The snow blind
ed Anne's eyes, and the bite of the
wind sent tears eoursing down her
cheeks; but still she managed, some
ahead of the other. He was almost up
to her. Her strength was gone. But
surely she could take one more step.
And then-she vanished FROM the
sight of the man behind her as the
the earth had swallowed her.
There was an exeavation-seme
road work going on, the light timber
barrier blown away byHhe high wind.
Unhurt, but exhausted, Anne lay
where she fell. But strong arm lift
ed her and held her tight, and Phil's
voice said: 81 was prepared to follow
you to the ends of the earth, but not
to the center of it. But we're here.
And before we get out you've got to
tell me why yeu have frozen me; why
you have avoided me; why you ran
away from me just now"
Anne was too tired to lift her head
from that broad shoulder. ''It was
because" she said-''because didn't
have an absolute hump"
Phil let it go at that. then. But a
hundred times since, over coffee or
crib. he has tried to find out what
she meant But Anne only laughs.
Copyright, 1921, by the Mcclure
Newspaper Syndicate.)
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21

had already been materially lowered
and now that steel has Joined this
price-lewering procession, still further
reductions may be locked for. There
are not wanting indications that labor
will also be content with reduced wage
levels. Several of the trades allied to
the building trades have accepted
wage reductions and. althe some
trades are still holding cut for the
level of last year, it is more thaa
doubtful if they can continue to dc SO
in the face of prevailing public send-
ment.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21
Questions-Answers

Q. How can white plaster paris statue
be cleaned that has become dark with
dust and drip, u. A.
A. White plaster of paris can be cleaned
with whiting.
''book"2 --. .et-
A The Chinese call a book 'shoo" 1t
is written with two characters, one
meaning :pencil," the ether speak.
Q. Where was the first battle of the
world war in which American troops took
part?-- W. r.
A. The earliest actual engagement of
American troops in the world war was at
Cantigny, captured on May 2S, 1e1S- The
First division, however, had occupied a
sector in the vicinity Of Breteuil on April
IS and % previous.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21
FOR ALL READERS OF
THE TOPEKA STATE JOURNAL.

Each reader Of The State journal Is Of
fered the unlimited use of the largest an
formation bureau in the world
This Service Bureau is located IN the
national capital, where it is In immediate
touch with all the great resources Oh ths
United States government, .,-
ii can answer practically any quesuen
YOU want to ask butt can't give ADVICE
Or make exhaustive research.
The war forced SO ma chang IN the
daily life Of the American people that the
service of this information bureau VIII pc
Invaluable to all who use it.
Keep in touch with your geVernment at az
All times 1t can help you In thousand
uiavE IL your wants are only made known.
The State journal pays for this splendid
service in order thar every one OF IFS read
ers NAV take free advantage OF 1t. you are
welcome to use IL as often rs you like
Write your request briefly, sign your
name and address plainly, enclose a 2-eent
stamp for return postage and audFess, the
TOpEKA STATE JOURNAL INFORMA-
TION BUREAU.
ton, u. c.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21

Despite the fact that uncertainty as
to the betterment of the building IA
Dor situation continues in some sec
tions, building as a whole continues to
show progress, says the American
I,umberi11an." The most pronounced
activity is &c be found in the constrae-
ton of small houses, and retail lum-
bermen are selling very respectable
volume of lumber for this purpose. In
fact, in a number of cases the actual
number of feet of lumber sold this
year exceeds that sold during 1920.
There are indications that the build
ing season will be more active than
was hoped for earlier in the year. The
movement for the reduction of the
prices of building materials has re-
ceived a notable stimulus in the action
of the United States steel corporation
in reducing the price OF structural
steel from 5 to Is per cent. The
prices of number of other materials
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-04-21

There seems to be great fear in the
minds of certain statesmen that for
eign countries will send their surplus
of goods to the United States. What
harm can result from such course
SO long as they are furnishing Us the
money with which to pay for these
goods? If goods be sent from France
to the United States and sold here, and
if, at the same time, the French gov
eminent is making remittances to the
United States government in payments
of debts, the French government will
purchase with francs from the French
shipper of the goods the dollar credits
in New York which have been created
by the shipment Of the goods, and will
turn these dollar credits over to the
United States treasury. The United
states treasury, receiving dollars from
this source, will need to impose less
heavy taxation upon the American
people, and the American people will
have consequently an increased vol
ume of spending power, adequate to
take care, not merely of the products
of their own industry, but also of the
French goods as well. The aggregate
income or purchasing power of the
American people is increased by this
process, and their ability to consume
luxuries and necessities is increased
A rich capitalist country can afford
to import more than it exports.