The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1922-04-08
MERCHANDISING MACHINERY TEN
PORARuY OUT OF JOINT
NEEDS oILING AND CLEAN
ING-GOLD NOT PROS-
PERTTK
Too Much Ignorant Criticism OF Fed
oral Reserve Board-Has Done
wonders During q Trying
Period.

Wo',-sl,v Wills, Mass. April l.
SpcCiqlD checking up the hhd'"ss "
his recent tour OF investigate" wa"
the figures available at his home o'"CE'
Roger w. RabSOu, the Statisti'iAh TO-
day made Il very interesting ouScrF"
ton regarding our present supply u
money. "l:vcrywhcre throughout the
south and middle west" he says, l
found business men and farmers clam
vriny for more money aud more GEe'!l
The cry is not a new UHe. Ever "l"-e
We have had money. men nave I"oheu
to the apparently simple !oEW"'h VI
more MONEY uS = solution 10 hEd"CI%i
problems.
"Witucss Europe today for example
rhry have followed tins plan meeting
each new emergency with more money
and mere credit. As 4 result the franc
has fallen from 100 To DC. the ire from
i"c to 81. the mark from &c I" J." "'
= cent; and the AuStra Ian crown ''p''
90 t. one hundrcdth Of cent Living
,,..,s have gone to rjd.cUInuS hclG ats
m ;n.~.. latter countries and everyone
is much worse OF than they were "e-
for" tn, initiation took place.
"WhlIe THIS has h"cn going on we
have st-a.;ilv raGurrd currency ana
credit. ,mr circulating media mas
bCcn eat from $5g.4G per capita-he
, frurc for November. 100. 20 S@V.2' IN
March w.. This is Fundamentally an
iruruycmcut which critics nave '"'!c"
In realize Fundamentally. our hhai''''
urr better than they have hreh Io'
years
what the Trouble Is.
40 the farmers trouble - NOT quo
tn the supply Of money" conuhUeu MI
! Eahson. but to The fact that our h@i
chandising machinery Is temporarily
! ont of Joint VA increase OF current!
and credit IT hts time wo"I" p""SI
! .,,.rr costs ard maE" r"nd N"hN ""sH'
! instead OF hctt'r. ("H ''h"". so,
orr economic lruhicms by loSiS|"'ne
! rr',cs m ard down or 10y running the
! printing presses overtime. Prosperity
! * rrca S,ircd in goods not I'm C".d
"trr merchandising machinery hcca1
H,,,,. orI rloyniug pi>trluurI"u Must
: j., siccLrd lp- middicnru VIII" d" not
! e.rve a Legitimate need must I've emu
| mated f"ci.h, rates must lie rrIhre"-
| -, ,lor, orr channels which lead from
| ,.r,.,l,.,cr. :, consumer which now "A"-
! - ,,,u. like rumrnths on the general
,I,....,y rra; the longest oaE aroNhh
,.,.luS tho greatest number on Pro"t
anu, hr RECONSTRUCTED on me coz"
mathematical truth tDat Htr"lEht ''"c
- the shortest Instance 'SH''" W.
! lines.
| ,.Irridcnta,lv. there IS altogether too
| ,,.,,.b icrrr:rlr criticism Of the Fedora!
| Reserve beard. TH'S group or me" mas
! dome = wonderful work during TINS Try
Ing period of REIMBURSEMENT ana htS
stIrL ia ls guns IN suite ~ tren"h"'
Ola pressure and public demand Tor i
! .,,,,.rc liberal" rullcy. This single h"dF
! Dr rlcor-tNiukiug men has done >n'te
~ L,.,,, rs out "f the sort OF cron"in'S
mess ,ha, Europe finds Itself In today
,h?n All IT," rce; "r III" country nnt 10.
neither Tncy deserve your enthusiastic
support" ,..,
M~. Hatsor vert on t" discuss gen
! eral conditions wh!'h 49, n"I"'hE .,
,.cr,. v Ell N vr.tc OF Industrial unrest
'rh.. Iahyonrh.."i lrd"N. for inSian''
tr,y~ general business - running 'n'
12cc below normal as compared WI"
! lo", h,,ow a week ag".