The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-10-20
WHEN MONEY is CHEAP


DR.. BENJAMIN M. Anderson read a
paper before the recent conference OF
European Rehabilitation, in which he
referred to the fact that the German
mark was down to 1000 for a dollar,
and said:
With the progressive decentralization
of German finance and decline IN the
value of the German mark, 1t Is pro-
gressively difficult for Germany to Sc
cure the needed surplus of outside
foods. With complete collapse OF /
/ Germany's finances there would be a |
great number of Germans who must
emigrate or starve, or be fed through
| the charity of other nations.
| AS showing the almost utter de-
moraliZation resulting from too cheap
money in Germany, money so cheap as
to be almost worthless, let us note the
report of our governments agricultural
commissioner in London HIS report
was made to Washington and has been
partly given out to the press. In ms
comment he says as to the deprecla-
ton of the mark:
'"The sudden drop in the German
mark has resulted in flooding the Brit
Iish produce markets with foodstuffs
from the Central Empires. Despite
large British potato crop, there is an
enormous quantity of German pota-
toes on the British markets, selling at
practically any price buyers may care
to give. The bottom has fallen out OF
!, the price of British potatoes"
The potatoes that Germany is sell
ing in England are not now needed IN
Britain, but are needed in Berlin But
when one can buy potatoes in Ger
many with paper money having prac-
. ticaIly no value, and can sell them else
where for gold, the profits are very
tempting to spectators. This also ap-
plies to other foodstuffs, of course.
This leads our representative in Eng
+, land to say: 'There is every mdlca-
! ton at the present time that all Eu-
: ropean supplies of any kind whatever
: will be dumped into British markets
+ from now on, and American shippers
: will have to watch carefully for
i changes in the economic conditions in
a all European countries, as wen as IN
: Great Britain"
The Burning Question.
+ 1--WE are completely out of coal just
2 now" said the manager of the Farm
i ers' elevator at Camden, on Thursday
y afternoon. He said, however, that they
had been dividing the coal recently re-
ceived, so that as many as possible
would benefit, and that he thought
there would be little future trouble as
to coal. He was looking, he said, for
two cars to show up anytime now and
n a bit later to be able to provide coal
: for all cold weather needs. Camden,
Il however, is not entirely dependent on
=, the coal handled by the folks at the
Farmers elevator, as there are others
( in town who handle coal.
- So far as was learned on Thursday
al Camden WAS
:, paying the top price for wheat We
Z were told that considerable wheat was
; coming in and that they had been pay
$ ing $110 for No. during the last
L few days No corn is moving in a
n shipping way at this time.
y Crete Now Well Supplied.
e They now have plenty of coal al
Crete. was the report from the eleva
tor there, on Friday. Four cars of In
diana coal recently arrived, on which
the price is IS for mine run and $8.75
II for block, at the cars or bins. The
n manager of the Crete elevator says
ID that he has some West Virginia Goa
ID on the way, and feels that after week
s of anxiety his coal troubles are abou
k over. He says his Indiana coal is {
ID good domestic grade and that he con
N siders his prices reasonable. He fur
Sc Their reports the buying of some new
lie corn at As cents for 20 pounds. Since
Mt the clover seed season opened HI
of states that he has bought at least 30'
&C. bushels at around $l0.o0 as the aver
A, age price.
I'VE now have plenty of soft coal,
is the report of the Milton Grain com
\ pany. at Milton. They were selling
Hooking Valley, Ohio coal at $10.25 OF
Thursday and had coke which wal
priced at $1625 per ton. No corn il
moving around Milton, but they hav'
IL been taking in some wheat, mostly a
al S1.05 during the week The Milton
ae Grain company handles coal at thre'
Ne points, including Blossoms Station AM
Bentonville.
We understand that there is nov
coal enough in New Paris to take car
of the immediate demand, which /
m largely a hand-to-mouth transaction, a
no is the case at most of our countr
a points.
re Tomato Plant Mosaic.
4 From the botanical laboratory a
&c Purdue comes the announcement {
as the discovery of how the plant diseas
known as tomato mosaic spread!
Profs. Gardner and Kendrick are tn
authors of the discovery, which wa
made in laboratory and experiments
work in the fields. While it is tru
that the origin of the disease is NJ
surely known, their experiments sho
that it is carried to the tomato plar
rd- from the ground cherry and horse ne
of tie, by insects, presumably plant lie
SIX In this disease the leaves of the a
,ur flicted plants have crinkled and mo
of tied appearance, are distorted and til
whole plant is affected, thus reducin
nd both the size and quality of the frui
ce- While tomato mosaic has at time
EN- proved quite troublesome to hon
let gardeners, the greatest loss occul
in from the infection of large fielC
led where tomatoes are grown for the ca
l.. l. 49, AI.-n 4,