davidaulloa/AmericanStories huggingface dataset:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

stables carloads of green western
horses and 100 head of acclimated and
seconds. The demand was better than
q week ago, and all the horses were
taken at higher values in the aver
age sales, both at auction and retail.
This week there will be several car
loads Of green horses and lot of
seconds.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11
Boston Live Stock Market Re-
port

Especially Reported for the Kennebec
Journal.)
Stock Yards, oct. 10.
MAINE
At Brighton.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11
New York Money Market

New York. Oct 10.
Foreign exchange irregular
Great Britain, demand 4.42a, cables
442i. 6O-day bills on banks .4.40s.
France. demand 7.51a cables 7:52h
Italy. demand 4.26. cables 4.26a.
Belgium. demand 6.95s. cables 696.
Germany, demand .0S sic. cables
.03e.
Norway, demand 1878.
Sweden, demand $3.50.
Denmark, demand 20.26.
Switzerland. demand 1889.
Spain, demand 1920.
Greece. demand 10.
Poland, demand .01.
Cxecho-Slovakia. demand 359.
Argentine, demand $500.
Brazil, demand 11.62.
Montreal. 100 1-32.
Cali money strong; high s. low S,
ruling rate 5. closing bid 6, offered at
g.. last loan 6.
Call loans against acceptances A.
Time loans firm; mixed collateral 60
80 days 4iQ4s; 4-6 months 1906.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

Friends of Gerald Dennison of this
town. will regret to learn that ne is
confined to his home by severe in
juries To his eyes, which happened
when he was practising football
Monday evening. He was resting as
comfortably as could be expected last
evening.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

The condition Of the various crops
on October /. with comparative figures
fer September 1 this year, October l
last year and the October l 10-year-
average follow.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

Tea is still being supplied by one
London firm to the descendants Of
their customers Of 300 years ago.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

have entered Thomas's Business Col
lege in Waterville.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

Thistle Club to Held Pitch Party
The gentlemen of the Thistle Club
of the H. & w. District will hold a
stag pitch party at the TacOnnet
Clubhouse, Thursday evening, Oct.
10, at s O'Clock.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

wethers 1925 with 100 out: sheep fully
steady.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

The aggregate of livestock at
Brighton. WaieriOWn and the loca
SlnnRhfeI hullSeS:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1922-10-11

AT N. L. d. NJ. & ". co.
Z. L. Libby .......... S5
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

cost of $4,000 per mile. The average
cost, in turn, takes into consideration
all classes of improved roadways from
the cheapest to the most expensive
types. Approximately one-third OF
the proposed system, or 10000 miles
of improved highways, already are
either built or building.
The program is rev one. Up to
comparatively recenr years, road
building in the United States had been
conducted without special regard to
national system. Highways had
been constructed where needed with
out considering whether they would
link up in the most effective manner
with the whole network of roads to
be spread over the nation. Engin-
GERS had sought more to meet immedi-
ate and local demands than the broad
er requirements of the states and ma
ton.
The present federal-aid road-build-
ing program, officials of the bureau
state, will contemplate the construc-
ton of only such roads as fit into the
national program and contribute to
the national system. At the same
time the roads will be SO selected as
to serve the most important local re-
quirements. With marked modihca-
tons, the system adopted in building
the railways of the country will be
borne in mind in the construction of
the country's new highways. There
will be main lines of highway COM
nunicaton between centers and
thousands Of miles of feeder roads,
reaching back into the more sparsely
settled regions and into the rich agri-
cultural sections, to tap areas whose
and products will flow over
the new system.
New roads will be planned and built
of miles of them-where
they will fit in most advantageously
with the entire program. The bureau
is continuing its research work into
most efficient methods of road-build-
ing, including the character and wear
ing power of materials, resisting quail
tiles of varying sub-soils, etc, and has
a considerable store of val
I1lhIe inform alton al IF which will he
available for the highway engineer of
tomorrow, whom the board is seeking
to have educated in practical and mod
ern methods.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

There is considerable discussion and
difference of opinion as to whether
another period of credit initiation and
rising prices is in sight. The prices
of many commodities are tending up
ward, wage advances signify higher
industrial costs and the volume of
bank loans is now increasing. What
is the difference between legitimate
and wholesome expansion and the
unhealthful state which is called in
flation?
If comparison is made with the sit
uation before the war conditions are
now inflated, but this is not charge
able to the slight expansion which has
taken place in the last few weeks.
Prices have had a very considerable
fall from the top, and slight recovery
from that fall, but this gain cannot
be called secondary initiation. II looks
like the recovery that always comes
when the old stocks are exhausted
and industry gets fairly under way
again. The fall of prices was uneven
and in some cases too precipitatc, and
the curtailment of industry was too
great to permit OF supplying the nee
cssary demands.
Although the wartime was any
thing but period OF depression, some
OF the effects were similar to those re-
sulting from a period of depression.
Industry in some lines fell behind tie
normal growth of the country, Great
ing a deficit of supply, or accumula-
ton of demand. This is true in house
building, in the construction OF rail
way equipment, and in some other
lines, and revival has occurred in
those lines. 1t is due to imperative
needs, rather than to a belief that the
bottom has been finally reachci IN
construction costs, although the feel
ing doubtless prevails that prices are
not likely to go lower until the exist
ing shortage is in large part made up.
The advance of wages is due in part
to the revival of industry, but in large
part to the immigration act.
1t is quite evident that abnormal
conditions in some of the industries
are directly influencing prices at this
time. The rise OF iron and steel is
mainly due to the coal strike, which
has affected all industrial costs.
There is nothing about the attitude
of buyers OF general merchandise that
indicates a desire to anticipate future
wants. They are buying cautiously,
for immediate needs only, and fighting
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
ROAD PROGRAM
WILL PUT j. {.
D n n { " BASIS
Great Undertaking For
70 Year Period Mapped
Out; VIII Beat The
World.

Observation-Disclosures to TWEEN
ty years of building good roads lie
ahead of the United States. Under
the program which the country has
adopted there will be built, during
that time 10000 miles of improved
highways which will constitute the
Federal-aid highway system and an
equal or greater mileage of state and
local roads. When the great job is
DONE the transportation facilities of
the country will far exceed those of
any other nation, past or present, in
the world. The highways of the an
cient Romans, whose fame has come
down thru the centuries, will pale by
comparison.
Details of this vast road buildng
program are to be placed before the
highway education board at its con-
ference in Washington October 20 to
%, inclusive, by state highway en-
gineers and officials of the bureau of
public roads, United States depart
ment of agriculture, to whom has
been entrusted the work of planning
and supervising the construction of
federal-aid highways. The plan will
be presented to enable the board to
proceed authoritative1y with its work
of devising aids for schools and col
leges to which road builders of the
country are turning for competent
highway engineers.
Officials of the bureau place the ag-
gregate cost of the federal-aid pro-
gram alone at about $3,000,000,
spread over the twenty-year period
They base this estimate on an average
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
: Mrs. Paul Hendricks now in

by Mrs. Paul Hendricks now in
Japan. Refreshments were served at
the close of the meeting. A very
large number was present and all en-
joyed the evening.
Mrs. Mabe White of Burlington,
Wash, is visiting at the home of her
sister, Mrs. ]. w. Price.
Capt Homer Jarvis and Lieutenant
H. H. B1ackman of the Parma Ma
chine Gun company, have returned
home from the national rifle matches
held at Camp Perry, Ohio.
The Synod of Idaho of the Pres
byterian church held its annual meet
ing in the Community church last
Thursday, Friday, Saturday, Sunday
and Monday. A very large number of
delegates were present and many not
ed men were present.
Prof. Calude Wakeland and family
have moved into the Jess Baker
house. Mr. and Mrs. Baker have
moved to their ranch.
The Amphictyonic council gave the
reception for the teachers in the base
ment of the Community church last
M onday evening A large number of
the parents were present to meet the
teachers. The program consisted of:
A welcome speech by Mrs. Don Num-
bers, president of the club; piano
duet by Mrs. c. w. Albertson and
Mrs. Paul Gauss; two piano solos by
Miss Minnie Hoffman, and a short
address by Rev. Paul Gauss. At a
late hour chocolate and waters were
served by Mesdames Waite, Castater,
Chapman and Babcock.
]. P. Melbourne left the latter part
Of last week on a business trip to
Portland.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
X X e X X \ X X X X X X X X X
x PARMA.

4 x + 4 4 x 4 x X X y r
DR.. Don Numbers spent Monday
of last week at Boise attending to
business matters.
Mrs. Waynes Romph spent last
Wednesday at the county seat.
Miss Hilda Swanson of Tacoma,
Wash, is visiting at the home of her
sister, Mrs. Ernest Anderson.
The seniors of the Parma high
high school are busy working on the
play, "A Prairie Rose" which they
viii lpresent in a few weeks.
J. w. Price made trip to Ca1d-
well last Wednesday morning, re-
turning in the afternoon with Mrs
Price, who has been patioent at the
hospital for some time.
H. c. Boyer of Ontario was in town
last Tuesday looking after business
matters.
Last Tuesday evening the West
minister Guild met at the home Of
Miss Myrtle Walmsley with Miss
Minnie Hoffman assistant hostess
After the business meeting and the
lesson some pictures were passed
around, which were ent to the Guile
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
bic to do SO even if labor was unor-
Wages and Living Standard.

bic to do so even if labor was unor-
ganized.
Wages and Living Standard.
On the other hand, unless produc-
ton is cheapened, the standard of liv-
ing is not raised for the wage-earning
class by pushing up wages, because
the cost of living rises with them. 1t
is perfectly futile-foolishly So to
look for any general Improvement of
social conditions by merely raising
wages in terms of money. To talk
about it is nothing but habit of mind.
There are no gains from raising
money-wages, except as there are in
CAPABILITIES nthe advances, some groups
of workers getting their compensation
raised at the expense of others. Such
benefits are neither general nor per-
manent, for in the long run the eco
nomic law will find way of equaliz-
ing conditions.
A Sound Basis for Prosperity
If we accept the very substantial
ervival which has taken place this year
as natural recovery from an ex-
cessive curtailment of industry in
1921, and natural result of progress
made in restoring the equilibrium be-
tween the several branches of industry,
by reductions in some quarters and
advances in others; and if we endea-
vor in spirit of harmony and CO.
operation to restore the equilibrium
more completely, in order to obtain
such free and full Interchange of
goods and services that everybody
shall be employed and production shall
be to the limit of capacity, we may
hope to have better year in 1923
than in 1922 That is the method by
which prosperity is achieved.
On the other hand, if the public
generally becomes possessed of the
idea that a boom is coming, and is
willing to borrow and spend upon that
belief, it is possible that a short course
of initiation may be run.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

The state agricultural exner;.
stations in the southwest accard:' ''''it
reports to the United States doao' ~
,ment of agriculture, are gjvira
pecial attention to such subjects Of
regional importance to farmers j. !. VI
section as the use and upbuild;na a ~
the range, irrigation and dry-farm;a "
methods, the development Of va: s
ties OF crops that will succeed 49,.
s s,: conditions and prevalent
diseases of animals and plants "'
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

advances, which is just the opposite
of the common attitude when infla-
ton is under way.
Conditions Favorable to Initiation.
1t is true that conditions are very
favorable to an initiation of credit
We have great number of indie
pendent banking institutions, actively
competing with each other for Gus
toners, and the most effective way
that has ever been found for winning
customers is by liberality in granting
credit. These banks have liquidated
a great amount OF credit in the last two
years, and while they have shifted a
large part of it into securities, they
will be glad to sell the securities as
fast as the market will take them, if
they can employ the funds in the
service OF their banking customers
and to bring new customers.
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

The general range of potato nr;,o
this season was from one-tbird -
two-thirds that of the CORRESPONDENT
time last season, says the Jrn;.
States department of agriculture wv
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
Prices Over the Long Run.

1t is affirmed very positively in some
quarters that the pre-war price-level
has gone forever, and it may be read
lily agreed that there is no prospect
of an early return to it. The fluctuat-
ing prices that we have had since the
war, however, have been the product
of abnormal conditions, while the price
level of pre-war times was the natural
result of the free-piay of all economic
forces over prolonged period, and
nothing is more certain than that, Civ
en- similar conditions permanently,
economic laws will tend ITO repeat
similar results.
Wages and Prices After Civil War.
One reason given for holding that
the old -price-level never will return
is that labor has become highly organ
lied and never will consent to lower
its standard of living. 1t is also point
ed out that wages were not reduced to
the pre-war level after the Civil War
1t is pertinent to say as to the last
argument, that prices were reduced
Wages depend at last upon production
and if production can be increased in
the coming years as it was after the
Civil War, SO that goods are cheap
ened, consumption increased, and the
demand for labor thus increased, not
only will there be no occasion to re-
duce wages, but it would be impossi-
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17
MT BUSINESS CONDITIONS
By GEORGE E. ROBERTS

From the Monthly Bulletin for Oct Issued City
of New York
The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1922-10-17

Furthermore, the federal reserve
banks are now liquidated down to very
small holdings, with their gold re-
serves at the highest point in their
history, and have the capacity to grant
more credit than ever before. And,
finally, gold is steadily flowing to this
country from the new production of
the world, and will continue to do so
as long as exchange rates are in our
favor as now.
These are the conditions that make
for easy money, and we have never
yet had easy money in this country
that initiation did not come out of it.
There is no such central control over
bank credit in this country as in coun-
tries where the banking business is
handled by comparatively few cor
porations operating numerous branch
es. The federal reserve banks have
no control over the member banks un-
til the latter begin to rediscount, and
then only by means of the discount
rate, and popular pressure is always
strong for a low rate.
There seems to be nothing in sight
to save us from initiation but an in
disposition of the public to borrow.
The mere presence of ample gold re-
serves in the vaults of the federal re-
serve banks will not cause initiation
1t only serves as the possible basis.
Somebody must borrow the available
credit, and use it in buying things to
such an extent as will produce the
conditions that characterize initiation.
Reasons for Caution.
One reason for doubling that the
country will swing readily into anoth-
er inflationary jamboree is that so lit
tie time has elapsed since the last one.
There would seem to be reason to
believe that most of the business men
who passed thru the experiences of
1920 and 1921 will want to make a
very careful study of probabilities be-
fore they commit themselves to ex-
tensive obligations on level of prices
much above the present one.
AS an answer to the argument that
the importations of gold make for in
flation, it is to be said that it would
be most unwise to build a great fabric
of credit on temporary foundation
If this influx of gold should put prices
up, by the same logic an efflux of it
would put them down. Nothing can
be more certain than that the present
situation, in which gold came to the
United States last month from 81
countries, is abnormal and cannot be
permanent.
The Liberal democrat. [volume] (Liberal, Kan.) 1911-1924, 1922-02-09

Entire Stock Mems and
Boys Apparel at almost
your own price. No matter
what the cost we are going
to unload at a speed never
eQualled.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-21
$1,l79 EARNED BY
HOSPITAL IN MONTH

Cook Hospital has made public
its financial statement for tho
month Of August, 1922, This
month was an unusually busy
month with conditions crowded N
the institution. The statement
shows a surplus Of more than ST.
900 over aud above all expenses to-
gether with tho deduction Of I'M
co!lectahle accounts.
This amount will help out in the
deficits that have occurred IN the
previous months when the expenses
were greater and the earnings less.
The statement follows: Earnings
from rooms and wards, operating
rooms and ambulance service. S..
472.02: expenses-kitchen and Ia.
bic, $1,S72.23: laundry, 4s5.70; hos.
.pItaf supplies and drugs, $1,0sS.5s:
building repairs, S13: elevator re-
pairs, IS; electric light and power,
S105.T6: water and fuel, $72.62:
ambulance, $93.S9; salaries. ST.
569.32: sundry expenditures, S96.82;
insurance premiums. S62.1s; total
expenditures, $4,974.e1; balance,
Sl,497.40 less monthly percentage
for uncollectable accounts, S31S.
leaving a final balance OF 81, 1880.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-21

q |
business visitor in Fairmont the
first OF the week.
Mrs. Damon Honmirth OF Muir.
ray spent the week end with rela.
tves here.
Mr.. and Mrs. John Jethtel and
children and Mr.. and Mrs. John
Harter and son Jack OF Lumber
port we're guests OF Mr.. and Mrs.
Raymond Sattertteld last Sunday.
Patsy Vernon, who was quite ~
for several days will be able to
return to school the first of the
Mrs, y. W. Tichenor was a
CIarksburE visitor the last Of the
week. r
Mrs. Hazel Meredith of Meadow.
brook was a recent visitor OF Miss
Virginia Saunders.
Mr.. and Mrs. Dennis Harris Of
Rtvesv.llc were guests Of relatives
here for the week end.
Mrs. Bell Boyles aud Mrs. Clar-
ence crislip were guests OF the
formers mother, Mrs. Frank
Price OF Morndsvllle, last Sunday.
Mr., ard Mrs. Orval Harrison Of
Pennington and Mr.. and Mrs.
Thomas Tucker Of FaIrmont woTc
guests at the Rome OF G. w.
Harrison Sunday
Miss Mary Sturm was at Clarks-
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-21
BANDIT
ARRESTED HERE
intoxicated Man Lands in Jail
After Holding Up Work.
ers at Garage.

While having a little fun with
a toy pistol while drunk last
night, Andy Clayton was arrested
by the city police and placed in
the city jail. lie was brought be-
fore Mayor Conway ID police
court this morning and fined SIS
and costs for being drunk. He
was unable to pay the fine and
was sent back to Jail.
Clayton, feeling quite bold
from few drinks Of wine, bought
a toy pistol from little boy on
Jackson street and went 10 the
Standard Garage. Seeing a couple
OF men at work on the inside he
decided to scare them. He pulled
out the pistol and In a groggy
voice ordered them to hold up
their hands, which they quickly
did. Seeing that Clayton was
drunk tho men called the city
police who lodged him in the city
jail.
A warrant was sworn out this
morning In police headquarters
for w: +. Toothman, who is
charged with swearing at an Of
ttcer when lie was ordered 10
police court for a traffic viola.
ton. He will he brought before
the mayor In police court on Mon
day.
Only two traffic vioiators were
reported yesterday. Both being
first offenders. they were dis
missed.
The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1922-10-21

burg yesterday to attend q neetins
Of tho MonongahelR Round Tela
Association,
Mr.. and Mrs. Hunter Fisher n
Clarksburg were visitors at tlloi
home Of the latter's parents Nj
and Mrs. Frod Martin, over IA b
Sunday.
Mr., aud Mrs. zeno Pylss pt Cum.
berland, Md, are guests Of the
formers sister, Mrs. Rose pyles
C. T. Moore is home from nj
kersbnrg where he had ATTENDED
grand lodge Of tho l. o. o.
Darrell Heldreth was a visitor IA!
Clarksburg yesterday. i35
Mr.. and Mrs. IRA peyauit III
Fa!rmont visited friends here last
Sunday.
The REV, oscar F. Nease wsssa
business visitor In Pittsburgh this
week,
Mr., and Mrs, Charles syssaD
have returned to their home Al
MoundsVtl!e after q visit with M,
and Mrs. Clarence CrislIp.
Miss Sue Fortney and Miss Eti.
zabeth Haskey have returned ii
Jarette,, Pa. after a visit With tn
formers home folks here.
Dr.. II. n. .Tetrlck Is spendihss
two weeks vacation In New,
York City "