davidaulloa/AmericanStories huggingface dataset:
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-04-20
Safety Board
Finishes Work
COMMISSION, WHICH SUPERVIS-
ED WAR RELIEF FINISHES
ACTIVITIES.

The work of the Minnesota COM
mission Of public safety has been
completed, Henry w. Libby, secretary,
states. The public safety commits
sion directed much Of the war relief
and home guard work during the
World war and the commission itself
was dissolved during the late part of
December, at which time Mr.. Libby
was named to send out discharges to
members of the home guard units of
the state and to finish up the routine
business.
More than $175,OOO of the original
appropriation of $1,000,000 for the
state unused and more than 100000
of the original appropriation was us
ed to pay gratuities of so cents a day
to the Minnesota soldiers who served
on the Mexican border preceding the
World war.
The commission started work on
April 16, 1917, making the life of the
commission slightly less than four
years.
The public Safety commission took
the initiative in providing an organi-
zation for the relief of victims of the
NJ use Lake forest fire and held one
-..eeting in the fire zone. It also or
ganized relief for the victims of the
Tyler. tornado in 1918.
The organization in the state was
carried into every village and town
ship with chairman in each city, vii
lage, borough and township, or about
5000 connected with the state organi-
zation.
The home guard, motor corps and a
staff of peace officers were created by
the commission. Food production and
conservation, directing of labor for
farms and other work, a marketing
department, placing of state-caught
fish on the market at low prices, in
creasing production Of iron ore, arbi-
tration and amicable settlement of la
Dor disputes, entertainment of sol
diers, Americanization work, fuel con-
servation, suppression of disloyalty
and the prevention of waste were
among matters handled by the COM
mission
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-04-20
Inspectors Report.
April 4, 1921.

ApIII 4, l0A1.
Mr.. II. M. Aune,
Clerk Board of Education,
Redwood Falls, MINI.
Dear Sir:
I wish to say to your board that on
my visit the 10th of March found an
especially good school. The spirit Of
the student body was fine and the in
struction without exception was
strong and purposeful. The supervi-
sion and direction of the work is in
telligent and satisfactory.
do not need to tell your BOARD
that your school buildings are crowd
ed. The quarters for the 7th and 9Th
grades are especially crowded and u1.
satisfactory. trust = at your board
is looking forward to the future and
deliberately planning to relieve the
present congestion.
Yours truly,
r. B. MacLean,
Inspector of Elementary Schools
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-04-20
Slated for Job.

Is .
Opposition has been manifest among
house republicans to the elevation OF
Chas. R. Davis, Of the Third district
as chairman of the appropriations
committee in the house. Cong. Coco
of Iowa is the ranking member Of
the committee, but is soon to resign
and Cong. Davis is next in line. House
leaders want to place Theodore Bur-
ton of Ohio at the head Of the com
mittee. Hewas formerly in the sen.
ate. His experience far outweighs
that Of any other member.
It is desired to give Davis q quid
pro quo and have President Harding
appoint him member of the custom
court Of appeals. This is 4 life job. It is
understood that Davis viii not be ad-
verse 70 taking the position If .
tender is made.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-04-20
Knights Coming.


The Knights of Columbus will gath
er in Ramsey State Park for their
annual picnic sometime early in June
according to notice received by mem
bers of the local Council from head
quarters. The Knights gathered here
last year to the number of about a
thousand persons and had such an en-
joyable time that they heartily accept
ed another invitation to come this
year. Arrangements for the day will
be made by the local Knights and the
date of the gathering will be an
nounced. This meeting brings many
persons from all parts of this section
of the state and is an occasion for ev-
eryone in the city to play host as well
as for the members Of the Knights Of
Columbus.
The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1921-04-20
House Set TO Pass
immigration Bill
MEASURE IN VIRTUALLY SAME
FORM AS WHEN POCKET
VETOED" BY WILSON.

immigration legislation and the ar
my and navy appropriation bills form
the chief features of the program of
the national house during the present
week.
The immigration bill will be reported
from the committee on immigration
on Monday and passed by the house
on Tuesday, according to present
plans. The measure will be in sub
stantially the form in which it was
pocket vetoed" for former President
Wilson. 1t restricts immigration ac-
cording to a percentage limitation.
Following the disposal of the immi-
grafton bill the army and navy appro-
priation bills will be taken up, the
intention being to pass both Of them
before the end of the week. The
naval bill will be reported from the
appropriations committee just as
passed by the house in the last ses-
sion. The army bill must be reduced
somewhat.
The budget bill is not yet ready for
consideration but may be put into
shape during the following week. Rep
resentative Good, chairman of the spe-
cial budget committee of the house,
and ssvsaator McC Cnrmick, who has been
in charge of the budget legislation in
the senate, plan to hold a conference
with President Harding at which his
wishes as to the form of the bill will
be ascertained.
While the house leaders prefer that
the budget bureau shall be located in
the office of the president and the SEN
ate leaders prefer it shall be in the
treasury department, the disposition
is to follow the wishes of the presi-
dent.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-05
ADVERTISEMENT

THE COFFEE served at your breakfast
table this morning probably part of
-1 small purchase for cash at the corner grocery.
That the simplest of all commercial transactions
but back of it lies the wonderful system of trade and
part of the world are made available in another and
by means of which people everywhere able to
proftably exchange their products for the consum-
able goods Of other peoples in other parts of the
world
Foreign trade is familiar term these DAYS, and
every newspaper from time time contains news of
its expansion or depression, the case may be, but
few accounts are explicit enough to give any true
idea of what really happens when trade becomes
foreign.
We know that domestic business simply consists
of exchanging the money in pockets for goods,
in the of the coffee. But when the importer
bought that coffee in South America very
different and much complicated transaction
took place, traakaeton that would not have been
chnery that has been built up to facilitate trading
between nations and continents
Foreign trade is more complicated than domestic
trade because of the varying monetary units which
enter into settlements arising of the exchange Of
goods produced in country for goods from other
countries Each nation must in the end sell to other
nations quantity of goods approximately equalling
the of its purchases and the final settlements
for the goods sold any one nation may come from
many different nations This balancing of sales with
purchases must 60 on if business is to go on
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-05
The Part a Bank Plays

TNHE vital part that banks play in the interchange
Of goods among nations is intensely interesting.
Using coffee for further illustration let us see
what actually happened in the financing of it from
the the breakfast table. The grower in Brazil
sold it exporter, probably in Santos the worlds
greatest coffee port. The exporter probably sold it
to coffee importer in New York. But if the New
York importer had simply forwarded his check for
the amount of the BILL the exporter in Santos would
have had difficulty in cashng it. Instead Of doing
that, this the probable procedure:
The importer in New York to his bank and
arranged to open what is called confirmed letter
of credit. BY this MEANS the bank issuing the credit
lends its to its customer and promises to pay
the named in the credit against drafts cover
ing the requisite amount of coffee.
The exporter in Brazil, after arranging for the
shipment of the Coffee drew draft against the bank
issuing the letter of credit for the value of the Coffee
He then took his letter of credit with the draft to
which was attached the bill of lading, insurance
policies and other documents, to bank in Santos,
probably to the branch of an American bank located
in that city.
The branch bank manager then made an offer for
the draft, based the guaranty of the bank in
America issuing the credit that is, he told the coffee
exporter how much he willing to pay in Bra
lillian money for draft which would later be
collected in American money in New York.
Assuming that favorable offer was made, the
exporter sold the draft to the branch bank and re-
ceivcd his money in the local currency used in Brazil
How did the bank manager know how much he
could afford to pay in Brazilian money for draft
that would be collected weeks later in New York;
He determined this question by referring the buy
ing rate for the day the del made, and an ex-
PLANTATION of that buying rate entails, in nutshell,
the whole financial fabric of international trade.
The buying rate is determined in triangular way,
because most Of the worlds business is really
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-05

three-sided transaction Brazil sells to the United
States much than the United States sells to
Brazil, so that trade would eventually be chokcd off
if no remedy were at hand. But Brazil buys moro
from other countries than sells, and so happens
that these are the countries which buy more from
the United States than they sell to Thus
have situation with three angles, which be, and
is eventually adjusted just as if the entire matter
were simply debt between Jones, Smith and Brown
Creating Credits In New York
TINE manager of the branch in Santos knows
l. that when he buys draft which will be paid
in dollars in New York, he is creating credit for
himself in dollars. He knows that other customers
will want to buy of those dollars for the pur-
chase of American goods to be shipped back to
Santos but that eli of his credits cannot be used that
way. But he also knows that Brazil has bought
goods in Europe than it has money to pay
for unless it can use tho dollars 1t has in New York
for that purpose.
These same European countries need funds with
which to pay the United States for the excess of
their purchases here over the amount they have sold
A trade is thereby arranged by means of which
the three, through the medium of drafts, by match
ing one credit or debit against the other two,
equalize matters and wipe the slate clean.
They not, however, exactly equal, and it is in
determining the precise differences between the three
that the worlds banking system operates. At the
present time constantly hear it said that the cx-
changes disarranged, by which we mean that
some countries producing than they arc
consuming while others consuming more than
they are producing.
In normal times, these factors would be practically
in balance and any balances still outstanding after the
three cornered matching Of debts and credits would
be settled by the shipping of gold. But at the
present time gold has almost disappeared from the
commercial world and the United States is the only
country where it is obtainable on demand.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-05
ADVERTISEMENT
Balancing the Accounts of the World

Other Countries such as Argentina, have placed
embargoes which prohibit tho shipping Of gold, SO
that the relation Of each currency to other currcncies
is almost solely determined by tho relative purchases
and sales of the various countries. Tho relation Of
these debts credits each other is reflected in
the amounts which bankers are willing to pay for
drafts drawn in other currcncies than their own
the buying spoken of beforehand this Is what is
when we say the exchanges are out Of balance
Thus that theoretically tho world settles
its accounts by the shipment Of goods The actual
machinery of payment however, is the transferring of
funds by the banks trade and falls and as the
crop seasons direct the flow of trade. Tho wheat
credits for which may use to Offset the debt
Brazil for coffee, while Brazil uses the credit
thus created to pay for machinery it has bought In
England.
Tho procedure here outlined 10 followed In iu
principal parts financing all international trade It
is apparent that the functions of banks bring them into
touch with every phase Of foreign trading and that
nation whose business interests have their service an
adequate and efficiently fbranch banks
throughout the world is in position advance the
interests of its manufacturers importers exporters and
traders far more than nation which has to depend
upon such facilities owned by Others
The cost of the food we eat, the clothes we wear
and everything with which concerned in our
daily lives touches the question of foreign trade at
some point, slight may at first the connection
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-05
Using american Branch Banks

BEFORE 1914 American foreign trade was forced
depend upon the facilities of foreign banks for
handling business but when the Federal Reserve act
was approved in December 1919, permission was
given American banks to establish branches abroad
number of SUCH branch banks were opened in
South America in 1915, and since that date their
number has steadily increased until today there is not
an important trading center anywhere in the world
without a branch of some American banking insti-
tuition
The National City Bank of New York has from
the f1rst taken the lead in establishing branches in
foreign countries. Starting with the branch at
Bucnos Aires, which was opened in 1914, con-
stantly widening system of branches has been built
up, including the branches of the International Bank
ing Corporation, which The National City Bank ac-
CURED in 1915, until today this single American
bank has than seventy-6vc branches in all parts
of the world.
Every one of these branches is an outpost for
American business By means of these branches the
expense and delay of collecting for goods shipped
abroad from this country has been greatly lessened
while Americans desiring to purchase foreign prod
ucts have had their paths greatly eased Credit in
formation is collected which benefits both Americans
and foreigners and which cxpcdites the transaction
OF business to very great extent.
NOTE: The s<'Viees offered BY foreign branches Of
american banks are BY Hm;ted to The fuauc
ing Of foreign trade. They a6sr a hast ef eouveny-
enee' Of other kinds, notably in connection with tvavelsrs
CHECKS and traUelev letters credit. americans fvau-
cling Abroad zvhefhe1 for busueff or 1L.otur~ - 4k
'fcnre fand' IN all important or<ign cities from bank
operating Under american aupie<s 10h employees speaking
their o70n language and ready to esv Amiean tyaveler,
11he as'tanee required BY strangers foreign country
Other sevvfees include the receipt and to,avdgng of
man, ea6sgram5 and almost any personal se,vee zaat
may be desired. :
The Birmingham age-herald., 1921-12-18
Returned Prosperity
 Reflected Tn Fur ? niture Stores Sales

As an indication that prosperity has not entirely fled from the Bir- mingham district is the fact that more furniture is being bought this Christmas than in many years. At least that condition is reported to be true by the largest furniture sellers in Birmingham, Loveman, Joseph & Loeb
 Mir Scales. the manager and buyer of Lovemans big third floor. attrib- utes the great number of sales to the fact that many new homes have re gently been built My experience" says MT. Scales. after eight years with Loveman, Joseph & Loeb, IS that the majority of Birmingham people want good furniture. l find that buying for such a large patronage enables me to meet the competition of the smaller stores who only sell the cheaper kinds of furniture"
 Loveman, Joseph & Loeb feature very liberal Club Plan terms, which, .hr~ ---'l their liberality. make paying for furniture an easy task. No in- terest charges are made.
The Birmingham age-herald., 1921-12-18
Dempsey-Ca -Carpentier
 Fight to Be Shown

Now that the city commission has decided to allow the showing of the fistic classic (half of the gate for the unemployed) the men and boys of Birmingham interested in clean sport are happy.
 All boys should be versed in the manly art of self-defense."
 The Loveman, Joseph & Loeb Attn letic Goods Shop has boxing gloves for the littlest "fellers" at prices be- ginning as low as $3 the set.
 They also offer some fine gift thoughts for the golfer-especiail Chick Evans golf book and golf ball sets at $1275
The Birmingham age-herald., 1921-12-18

Among the features that make the New Edison superior are perma- nent diamond point that never has to be changed. a lever for the accurate control of volume and "Re e-ereations" of velvety softness but of such tex ture that it is almost impossible to break them
 Edison Tone tests, held before mill lions of people in the leading cities of America and Canada, have demon- strated, beyond all doubt. that the New Edison Is a real rival of the human voice. In these tests the singer stands beside the instrument on which Is a Recreation of the sing er's voice. The singer and the iu- strument alternate and in no instance has the audience been able to distin- guish between them, Thomas Edison has challenged the manufacturers of Talking Machines" to the same test but they have not as yet accepted. A tone test was held in Birmingham several years ago and as the result of it the New Edison Monograph has proved it's right to a place in the
The Birmingham age-herald., 1921-12-18
Oyster-Made Pearls
 Closely Riualed

t A real pearl is made by the de- Aposit of a secretion that the wise old oyster puts around irritating ghains of sand that will find their way into his shell. The Japs are trying to increase the production Of pearls by throwing sand ill the poor old oysters eyes The more humane methods of France leaves the oyster out of 1t entirely.
 For instance, in the Loveman, Jo- seph 6: Loeb Jewelry Shop there are French made pearls that simply defy detection except by an expert. They have the depth of color and the sott sheen that closely rivals the oyster made product. This handsome string Is mounted with white gold, plau- mum top diamond set catch. anu sells for only $25,
 Another fine string of man-made pearls. known as Richelieu Pearls. has a pretty white gold filigree ]. catch. and they only sell for s15. Just an indication of what science has done to make pretty things less costly.
 We made note of some exceedingly handsome bracelet watches while in the Jewelry Shop of the big store. For instance, there was pretty lit- tie white gold model with reliable Swiss movement for only s225o and dozens of others, ranging gradually - to sls5.
The Birmingham age-herald., 1921-12-18
He Accidentally
 Found His Wife
Just What She w anted for
 Xmas

\ friend happened to see Mrs s. watching demonstration of Hoover Suction Sweepers on the fourth floor of one of Birmingham's leading stores. She overheard Mrs. S. say that she would love to have one, as she had read of its wonders in the leading magazines. but that she Just couldn't afford the money now. The story was quickly carried to MT St, who had been trying to find out Just what his dear wife wanted. He told the man who sold him the Hoover that he feels ashamed that he let Mrs. S. do all her homework, all these years, without a Hoover.
 He said that before very long he was going to buy her a 1900 Cataract Washing Machine. too, MT. s, is the right kind of husband. Loveman, Joseph Ss Loeb would that there were more like him.
The Birmingham age-herald., 1921-12-18

homes of many of our best citizens.
 The New Edison is also noted for the beauty of the period model cabi- nets in which they are encased Every instrument, beginning with the least expensive at $95 up to the finest ones at $500 and over repre- sents, not only a constant source of musical entertainment. but rare and exquisite piece of furniture that will grace any home so fortunate to receive 1t.
 The only local firm authorized to sell Edison's famous musical product has, in accord with MT. Edlson's per sonal request, a system for selling them on very liberal Club Plan terms. MT, Edison requested all dealers to encourage Music in the Home" and to make the payments so convenient that even the most slender incomes could afford to pay for an instru- ment. To enjoy these terms 1t Is not required that interest be paid on the unpaid amount Loveman Joseph X Loeb are authorized Edison represen- tatives in Birmingham.
The Birmingham age-herald., 1921-12-18
Cloisonne Vases
 Coppied to Make
 Mems Ties Pretty

An enterprising neckwear maker in New York obtained permission from the Metropolitan Museum or Art to copy the designs and color ings of an exhibit of cloisonne vases to be reproduced in neckwear fer men. The collection is privately owned and said to De worth s150,000
 A local store has secured the ex- elusive right to sell these handsome ties in Birmingham and lot of men are going to gratefully receive them as Christmas gifts.
 Gifts for men that are chosen by thoughtful wives. mothers and sweet hearts will come from the Loveman. Joseph & Loeb Store for Men" Such gifts will not be the subject of jest, they will be just the sort of things that men will really appreciate.
The Birmingham age-herald., 1921-12-18
The Drawing Master Well
 Known Here Now

He has been in Birmingham but a short time, but he numbers his pu- pills by the hundred As a toy "The Drawing Master" ranks high among educational playthings It is just as amusing and entertaining as short lived trinkets and in addition is splendid for training young hands and minds. The Drawing Master Is being demonstrated on the fourth floor of Loveman, Joseph X Loeb's. Be sure and consider it when mak- Ing gift selections.
The Birmingham age-herald., 1921-12-18

My. next treat came when I was shown the new dancing frocks and dinner gowns. How l wished that my debutant days were not in the dim and distant past. If the price tags, that l made note of. are any indication, Loveman s will certainly earn new laurels for reasonable prices. There were dozens of pretty little costumes at s35, s45 and $50, and for those who can spend more. others as high as s195. How 1 wish l might paint a more vivid picture of their loveliness.
The Birmingham age-herald., 1921-12-18

According to eyewitnesses. the train WAS travelling at dangerous rate of speed, and Engineer Jones did not even slow up for the short curve that rounded inc west end of the fourth floor. The hundreds of sbifdren standing around waiting for Santa CinuS fo make his afternoon appearance thought ehe wreck wns simply great. They EleefulIy watched what might have been a real catRs- trophe, and could hardly he enticed sway when Mother wanted to leave to complete her shopping elsewhere. The American Flyer HailrOad. whose tracks parallel those of the Lionel Road. is mechanically operated but it had nc difficulty in taking off the 1narooned passenEers of It's rivnI nnd
The Birmingham age-herald., 1921-12-18

Before dragging myself away and spending more than I could ever pay for l just had to see Loveman's new blouses. How do hope that some of my friends will see this and buy blouses, for my Christmas. They need not spend more than $4.95 and they can choose with closed eyes, for they couldn't pick wrong if they tried. If men could only appreciate what joy gifts of this sort mean to us of the gentle sex. how much more happiness there would be on the morn of December 25.