davidaulloa/AmericanStories huggingface dataset:
Morris tribune., 1921-03-11

knows the answer: Advertising, backed by honest
methods and reliable merchandise.
That is the correct answer The progressive mer-
chant will also tell you that the best medium of adj
vertising the most economical is
the newspaper it the daily newspaper In
the smaller communities it is the weekly paper.
the advertised article that sells. It is the
advertised articles that becomes almost household word
every the land, and when the reads
in his home paper his merchant stock
article, it is like meeting old friend
He wants that article, because he had heard about,
about it, and knows that it must be the real
goods, to maintain is popularity.
shrewd retailer that it will be much
sell we'll known, standardized article than
it is unknown as merits firmly estab
lished
Advertising the lubricant that makes this endless
chain business prosperity smoothly. Business is
good deal like the house that Jack built The
makes wholesaler WHOLESALERS retailer
retailswhen he advertises and the retailer orders
more goods from the wholesaler and the wholesaler
the orders back to the manufacturer Thus the
wheels of industry round labor is employed money is
put circulation, the consumer gets a reliable
article, that he Everybody profits, and is well
served
the retailer stop advertising and the consumer
will stop buying This blocks the whole machinery and
we have slump in business. The retailer the whole
saer and the manufacturer lose their profits labor loses
wages, and then have hard times.
And all the want of little judcious advertis-
ing retail merchant in the country would start
advertising mixed with brains, he would
start better business all over the land
All it really needs to start every line of industry
give employment labor to make business hum from
the Gulf is for the people of this country to buy the
things they need
They will buy when merchants do the right kind of
advertising.
Morris tribune., 1921-03-11

A story has been widely whispered round of the
sentative of breed paper which said in effect: cat
So-andSo sale the other day things moving pretty
slowly and bid in eight hogs for and am shipping
by express Please check for the amount
as shown by inclosed The recipient of the letter
instructed the field of the breed publication
buy any hogs for him. did he want hogs
but the letter mystery to him to other breed
whom he mentioned it. The field man doubt
obligated So-and-Sos sale a success, and
finding the sale tagging had bid in the hogs and passed
consignee to squea for breeder generally hesitates
offend the field of powerful breed In this
case the story goes, the Texan soon to have
sale, he swallowed his borrowed at the
bank and paid for the hogs "And nearly broke him."
informant comments This incident is the key to the
question: What is the matter with the pure-bred in
dustry?" is suffering for the sins of bunch of spec
ators gamblers and plain crooks small and often dis
honest class have the purebred business a game
in which cappers and used, and prices
maintained by means of bybdding and wash sales
Then when prices at their greatest dstention
eral defation and the bubble BURST Today many
purebreds being fatted and sold for beef pork
But the time to change this Everyone likes to
buy bargains and purebreds certainly bargains to-
day. Tell the truth about defation. Get the good
animals into the hands Of good farmers where they have
always beonged.-Country Gentleman
Morris tribune., 1921-03-11
VILLAGE PHILOSOPHY
advertising.

(By Fred E. Hadley in Winnebago City Enterprise)
The fellow who succeeds never gets eyestrain from
watching the clock.
There ought to be some way of vaccinating folks
against the chronic crouch.
Competition may be the life of tradebut it is also
often the death of incompetence.
Take friendship out of this world and you would
have nothing left but a barren waste.
Every man thinks he will quit when he gets enough
but he doesn't know what's enough.
We know a lot of folks who going to be charit-
able-just as soon as Uncle Sam coins half-pennies
Don't tell that women have sense of humor!
Look at the jokes most of them take at the altar.
Prosperous times brought about by faith and
persstency caouses and economy trust and industry
No man be considered "a foreigner who has
ideals of freedom, justice and equality in
his heart!
Some of the mountains in the west pretty high
and steep-but nothing compared to the bill the city
cafe hands you
Morris tribune., 1921-03-11
Gas Engine to Pass Out

"The gas engine we have it today, will pass out
of popular rapidly it in" This, accord
ing to the Minnesota Alumni Weekly is the prophecy
DR.. w. H Emmons head of the department of geology,
who has just embodied a college textbook study of
the worlds petroleum resources
1t is almost easy to measure the length of time
required to exhaust the worlds petroleum supply says
Professor Emmons, it is to estimate how long, at
given rate of consumption, individuals bank
will last The United States has already used up most
of the oil inside it's borders and though prospecors will
STILL in all probability locate fields in different por
tions of the world, it is believed that the mother
posits the main Of supply for the part
known and fairly accurately measured. -
According to Professor Emmons, the gas traction
industry has already reached it's peak and will shortly
experience marked decline The present popularity Of
automobiles is bacchanal that will unenduring as
it is for the moment riotous
1t is very likely, says Professor Emmons, (probaby
more for illustration than scientifically arrived at
cacuation) that decade there will be only one
third gas-driven in there are today
while in twenty years shall be lucky If we have
one fifth Minnesota Farm Review
Morris tribune., 1921-03-11
The Power Spells Prosperity

ness He produces The wholesale house the jobber
takes his products and passes them to the retailer
the business retailer to sell them to the
consumer. Now it is comparatively easy matter for
manufacturer get with the wholesaler and
the wholesaler reach the retailer 1t is quite
different and difficult matter fro the latter to reach
the hundreds thousands of his customers.
The manufacturer may his entire output to one
half dozen The wholesaler does business with
only one to half dozen in each town.
Even the smallest retailer must deal with many
people than the manufacturers the wholesalers and
the merchants combined
reality the retailer is the most important factor in
this business world If he sell his goods the
wholesaler would soon be out of ORDERS the manu-
facturer would have to shut up shop.
What is the magnet that will draw trade for the
retailer? Every progressive and prosperous merchant
Morris tribune., 1921-03-11

The Allies have occupied a few more German cities
because Germany refuses to when to
settling bill for the damages she caused in the late
war. with the Germans is that they
have got kidding themselves about who won
the
Morris tribune., 1921-03-11
A Straight Tip To The Mayor

From the Sherburn Advance-Standard:- Although
the village election is but few weeks in the future
very little stir in local politics. From what we
gather there isn't single councilman who stands or
for another term There nothing in it but
abuse they say in that they paid in tripcate
Mayor Salisbury may file for reelection and he may not
Some urging him to stand pat while others are lay
ing for him with a club If in the Mayors
boots we'd tell enemies to take the mayorship and
go to hell with it,
Morris tribune., 1921-03-11

1t is good time right for farmers to determine
whether they will interest their boys in raising corn or
they will let these interest themselves in
raising Cain little later on.-Redwood Gazette
Morris tribune., 1921-03-11

Don't worry about the price of Stevens county farm
land. Hang onto all you have and get as much more
as you are able Never worry but what the world will
continue to need the stuff that land produces
Morris tribune., 1921-03-11

At Berlin, Germany the people attending the
horse unprecedented numbers and betting for
tunes. Germany pay her debts until the
people once get their minds work.
Morris tribune., 1921-03-11

Report has it that there is fellow down in the
southwestern part of the county making moonsh1ne'
Mother Job for the fool killer.
Morris tribune., 1921-03-11

Hardings inaugural address reads like one of Lin
coins It inspires confidence that here is man who
knows his job and one in whose judgment can have
confidence.
Morris tribune., 1921-03-11

If in doubt just what raparations France
should demand from Germany, just turn back to some
newspaper years DID, and what the German
opinion indemnities at that time.
Morris tribune., 1921-03-11

Secretary Hughes lost no time in telling those Cen
trail American that intend to permit no fight
inp in the neighborhood No more "watchfu waiting.
Morris tribune., 1921-03-11

With Hughes secretary or state and Harding as
president an citizen will have his rights re-
spected anywhere.
Morris tribune., 1921-03-11

This whole problem of reconstruction appears to
amount to nothing except the Willingness to to work
Morris tribune., 1921-03-11

On the average about SIS is spent in educating the
child raised on the $53 the child raised in
the city Why the difference?
Morris tribune., 1921-03-11

Russia is showing signs of again getting back to
normally. Another revolution has started.
Morris tribune., 1921-03-11

There all manner of FOOLS but the toollshest
fool is the goes crooked when the storms OF
adversely strike.
The Washington herald., 1921-04-17
UNIFORM BANKING ]
FORMS SUBECTAT
RESERVE SESSIONS
Aid to Farmers Is Also
Taken Up, Gov. Hard
ing Reports.
FARM HEADS HERE
Members Of Federation Out
line Plans for Agricultur.
lists Credit Extension.
FARM HEADS HERE

Establishment of uniform bank
ing policies and the extension of all
possible aid to farmers, were the
principal subjects discussed at the
semi-annpal conference of the gov
ernors of the twelve Federal Reserve
banks with Gov. w. p. G. Harding,
Of the Federal Reserve B1rd. and
Secretary of the Treasury Mellon,
Coy. Harding announced yesterday.
The conference lasted several
days, and included representatives
of the American, Farm Bureau Fed
Grafton, who outlined plans for more
liberal extension Of credit to farmers.
Harding's Statement.
In his statement on the result of
the conference. Gov. Harding said,
Particular emphasis was given
to those matters of detailed opera
tion which require uniformity of
action throughout the Federal Re-
serve districts.
"The governors also met with the
Secretary of the Treasury and the
Assistant Secretary of the Treas
ury to discuss matters relating to
those operations of the Federal Re-
serve banks which are conducted by
them at the request of the Secre-
tary of the Treasury as fiscal agents
of the United States.
AT the Wednesday afternoon
session of the conference three rep
resentatives of the American Farm
Bureaus Federation Joined the con-
ference for the purpose of giving
1t the benefit of their views with
reference to conditions prevailing in
the different farming sections of the
country.
The Thursday morning session
was a joint session between the
Federal Reserve Board. the gov
ernors of the Federal Reserve banks,
and one class B director of each
Federal Reserve bank representing
the business interests in their re-
spective districts. Each director
discussed the commercial, indus
trial aid agricultural conditions in
his district with a view to giving
the conference a general picture Of
business conditions throughout the
country.
The conference concluded with a
joint session of the Federal Reserve
Board and the governors of the Fed
eral Reserve banks. The confer
ence thereupon adjourned until the
next call of the Federal Reserve
Board"
The Washington herald., 1921-04-17
Iron and Steel Prices.

The price reductions announced
this week by the leading iron and
steel interest make its quotations
on certain products identical with
those Of some Independent compan-
les. and place the general market
on q more uniform basis. Discrep-
ancies still appear, however, and
the advances recently named by
come sellers on different descrip-
tions Of steel contrast with declines
in others. Opinion Is divided as to
the probable effect Of the steel cor
poration's action in lowering its
prices. but expectations of freer
specifications are entertained In
some quarters. As with pig iron
furnaces. steel works operations In
March were at the smallest rate on
record, In proportion to capacity.
the loss in output during the month
being fully 10 per cent. Yet indica-
Itions point to an increased produc-
|tion In April, and Pittsburgh ad-
vices state that actual needs Of con-
sumers are larger than they were
month or two ago. This week, the
Iron Age estimates the average of
steel corporation and Independent
operation Is around s5 per cent
The Washington herald., 1921-04-17
POLAND RECEIVERS
TO BARTER-TRADE
Soviet Russia and the Ukraine
Likewise Getting Back to
Main Principles.

WARSAW, April 1s.-Polan6 So
Wet Russia, and the Ukrain are
getting back to fundamental prin-
ciples of trade-by barter.
The establishment of these trad
ing markets at seven towns along
the Polish border. where Russians.
some from deep in the interior of
the country, come with their horses
and cattle and small supplies of
foodstuffs, marks the first step in
trade relations which are beginning
to have their effect on Polish COM
mercial life.
The influx of horses from Russia,
by the way. has been SO great that
the theoretical price has dropped
from les. 900 marks to $4,000 marks
equivalent to a drop of from 1920
to $50 in American money.
In return for the livestock Poland
is sending into Russia quantities OF
textile goods and salt. with more
limited supplies of iron and steel
products, and some manufactured
goods
The development of the barter
markets is providing increasing en-
ployrnent for the tens of thousands
of Russian refugees in Poland, and
has led to the re-opening of a num-
Der Of Polish factories. Thus the
unemployment problem is rapidly
being solved,
The Washington herald., 1921-04-17
Hide and Leather Trade.

Improvement in the hide. leather,
and footwear trades, IL slow to ap-
pear is now more clearly defined.
While conditions still lack unifor-
nifty both in respect of business
and prices, the markets are work.
ing into a more favorable position.
Activity in calfskins, especially in
the West, is one of the encouraging
features of the raw material situa-
tion. and goatskins suitable for COL
ored leather purposes have been in
somewhat urgent call: Following
almost continuous declines. price
advances are noted in certain varie-
ties of hides, but weakness in lea
ther prices persists. There is, how
ever. somewhat more inquiry for
leather from manufacturers of
mems shoes. and stylish colors in
women's footwear are/active. Ad-
vices from France state that lea
ther is selling there at prices which
are relatively much lower than those
prevailing here, with reports Of top
grade kid offered at the equivalent
of IS cents.
The Washington herald., 1921-04-17
TURKEYS BUSINESS
OUTLOOK IMPROVES
Restricted Commercial Actiy-
ity Evident in Face of Es-
sential Transactions.

According to a cablegram re-
ceived yesterday from the Constan-
tinople office Of the Guaranty Trust
Company of New York, recent i'm
provement in the business outlook
in Turkey is resulting in some COM
mercial activity. although transac-
tions are limited to essentials The
tendency of sterling exchange on
the Turkish market is steady. and
dollars are being offered in moder-
ate amount as a result Of the pur-
chase of a small quantity of to-
bacco by American interests. The
stock market is generally dull, and
notwithstanding recent Nationalist
successes, Turkish securities are
weak and there are no buyers.
Bulgarian millers, who are max
ing strenuous efforts to regain their
former position in the Turkish -four
market, claim that they can export
100000 900 kilos annually to Con-
stantinople at a low transit cost.
II is reported that a Soviet repre-
sentative in Constantinople has con-
siderable tobacco stock, aEains;
which a loan is being sought. He
also is reported to have a large
credit in Constantinople banks for
making purchases.
Imports into Turkey during
March were about 3.el6,oOo Turkish
pounds, a decrease of $500. .OoC
Turkish pounds from February. Ex.
ports in March were 735.ooo Turkish
pounds, an increase of $4,000 Turk.
ish pounds over February.
The Washington herald., 1921-04-17
Au Building Operations
On Increase, Says Report

Building operations increased both
In volume and value during the
past month in all districts except
one. The increase was most marked
IN the territory west of the Miss
lsslppi River. The value of new
constructions was. however. decid-
edly lower than in February. 1921.
Considerable increase OF activity is
evidenced in the building of resi-
dences. District No. New York;
reports that As per cent of the value
OF building contracts in February
was for residential purposes. as
compared with 40 per cent in Janu-
ary. In District No. CcIeveIand)
reports from thirteen cities show 1.
s35 permits for new construction.
with a total value Of s4,s43,sle in
February, as compared. with S72
permits with value OF sI,e3I,s2I in
January. Reports from twenty
three cities of District No. s CRich-
mond) show Ss4 permits issued for
new construction during February,
In comparison with 624 permits is
sued in January. District No. z
(Chicago) reports an increase In
number Of building permits. OF siI
permits issued during February in
the city Of Chicago, ISL were for
residence construction. Five lead
ing cities in District No. Cst
Louis) report "a further heavy fall
ing on In number and dollar vain.
of building permits"
The nine largest cities Of District
No. 3 (Minneapolis) report 7ss con-
tracts with a total value of sa17s
7S4 for February. This was an i'm
crease In number Of 81 per cent. and
in value OF 152 per cent as COMPARED
with January; and an increase in
number Of per cent, but decrease
In value Of per cent as compared
with February. 1870. In District No
10 (Kansas City, reports, from six
teen cities show 1,352 building per-
mits issued, which was 5zs more
than the number Of permits for jan
uary, and seventy-eight permits
less than were issued In February.
1870. The fact that the total value
OF permits was less than In Janu-
The Washington herald., 1921-04-17
BANKS RESERVE
RATIO !! ADVANCES
Now at 53.7%o; Aggregate
Gold Gains Offset by Loss .
In Silver.

Aggregate gains of S22, 900. 900 of
soId. onset by losses of s1s,600. 000
IN silver and ther cash reserves. and
accompanied by an increase of So
$4,000 in deposits and a decrease
or $25,S00,000 in Federal Reserve
note circulation, are shown in the
Federal Reserve Boards weekly
statement issued at the close Of
business on April Is, 1921. The
banks reserve ratio shows a fur
ther rise from 53.5 to 53.7 per cent.
Government operation, including
the redemption of over 100000, 900
OF Treasury certificates maturing on
April IS, and the payment on that
date of interest on the. fourth
Liberty bonds, account in part for
the substantial liquidation of mem
Der bank loans. Reserve Bank hold
ings of paper secured by govern
ment obligations show a decline for
the week of s6.S00,000. and that of
other discounted paper a decline of
s43. .4o0,0 900.
Holdings of acceptances purchased
in open market show an increse of
about s16,000,000, the New York
bank reporting an even larger in
crease. Pittman certificates on hand
show a loss of t$1,500.00e offset by
an equal gain in other Treasury
certificates.
AS a result of these changes, to-
tai earning assets show a decrease
for the week of sS3,S00.000 and on
April Is stood at $2.503. 800, 900 COM
pared with s3,15S.6o0,000 about a
year ago.
The Washington herald., 1921-04-17
COMMERCE BODY
TOAIR TARIFF LAW
Major Portion of Yearly Meet
To Be Devoted to Argu-
ments on Live Issue.

In view Of the fact that the tariff
question is one of the most import
ant problems confronting American
business at this time, a considerable
part of the program OF the ninth
annual meeting of the Chamber of
Commerce of the United States. to
be held at Atlantic City April 81 to
20. is devoted to a discussion Of this
subject.
Following the decision. a vote
will be taken by each group upon
three general tariff principles. as
follows:
Should the tariff be framed with
due regard to export trade as well
as to the protection of manufactur-
Ing in the United States?
Should the economic needs of
foreign countries, and the fact that
we are now a creditor nation alter
our tariff policy with regard to pro-
tection?.
Should the United States tariff Of
fer trading or bargaining apossibili-
ties for international commercial
Treaties to encourage our export
trade?
The result Of this vote, II is an
nounced, will not commit the ma
tional chamber to any policy, but
will be considered by the board of
directors In connection with any
action II may take.
The Washington herald., 1921-04-17
OFFER AO,OOO,OOO
| ISSUE OF FEDERAL
LANDBANK BONDS
Obligation Runs Twenty
Years and Pays Five
Per Cent.
HANDLED BY GROUP
Alex. Brown & Sons Head SYM
dicate Which Will Offer
Securities Tomorrow.

An issue of $4,000. 900 of per
cent twenty-year- Federal Land
Bank bonds, was announced yes
terday by Secretary Of the Treasury
Mellon
The bonds will be issued at par,
and will be redeemable at the op-
tion of the issuing bank at any
time after ten years from the date
of issue. The managers of the
issue will be the banking hrms OF
Alexander Brown & Sons, Lee Hls-
ginson & Co. National City Co..
Brown Brothers & Co., Harrison
Forbes & Co. and the Guaranty Co
This group will offer the oonds
through over 1000 investment
bankers in all parts of the United
States. The bonds will be offered
simultaneously tomorrow in every
Investment center of the country
and by every Federal Land Bank.
and Farm Loan Association
Melons Statement.
In announcing the issue Secretary
Mellon said:
aaTba Supreme Court of the United
States by its recent decision mas
firmly established the al lo
banks as a part of the banking sys-
tenn of the country. In view OF the
yery satisfactory financial conoltloh
of the banks themselves OF the eA-
emption of the bonds issued by these
banks from Federal. State. local and
municipal taxation everywhere In
the United States, and with the very
adequate security back of these
bonds they should prove an attrac-
five security to investors. large and
small, throughout the country.
"A distinctive feature Of the new
issue will be that the right Of re-
demption by the banks cannot be ex-
ercised until the eleventh year after
their issue. This will meet a very
general demand for longer term in
vestments, the present outstanding
bonds being redeemable in a COM
paratively short time"