davidaulloa/AmericanStories huggingface dataset:
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29
AANCIAL AND BUSINESS SURVEY

interest rates an exceptionally low
exchange rate, much lower than the
current price level in Germany would
require, from which the Spectator in
ferred that he might make large
profits if the gold value of the mark
should return to its pre-war parity,
or even to a parity with its internal
purchasing power at the time the
speculation was made.
Inevitably, this policy had a dis
sstrous effect. Foreign buyers of
German goods, of course, promptly
took advantage of the difference be-
tween the external and internal pur-
chasing power of the mark, and In or
DER to prevent ruinouS depletion Of
her stocks, Germany had to restrict
her exports by raising the export
prices of her commodities far above
the domestic prices. This could MT
but lead to a further forcing dowr
of the exchange value of the mars
with consequent loss to the foreign
purchaser of marks.
Germany, for nearly four years
has thus been enabled to obtain for
eign assistance on a sarge scale IL
financing her needs, but at a tire
mendous cost to her credit. She ha!
offered marks to foreign purchaser.
who believed that their externa
value would be restored to a leve
with their purchasing power within
the country. But when she arbitrar
lily raised the export prices of he
commodities, she deprived foreigl
holders of marks of a considerable
part of the value of their purchases.
1t is apparent that Germany Wi
have to solve many problems befor
it will be possible for her to stabil
ize the mark, to say nothing of tn
problem of formulating a new sys
tenn of currency. First, a definlt
settlement of the PREPARATIONS questio
has to be agreed upon, which will civ
an idea o fthe burden actually to b
carried. Then a policy will have t
re formulated which will enable he
to make these r~eparation payment
, In the second place, it will be nece'
sary to establish conditions with
I Germany which would make possibI
q sterilization of internal finance
, Only by such means can the conf
: dence of the German people in IL
i future of their country be restore
so that they will not feel the nece
: sity of exporting their capitaT
escape. taxation.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29
Will GOVERNMENT
OWNERSHIP FOLLOW

WASHINGTON, Nov. 2s.-There
IRE dark days ahead for the pre-
ductive industries of the United
States if, as some writers profess to
believe, the recent election foretells
legislation antagonistic to the rail
roads. The transportation system
has just recently emerged from z
period Of suppression due in part to
complex government regulation and
in part to government operation.
For many years state and national
+ regulatory bodies have limited freight
snd passenger rates ard the revenues
to be derived therefrom. C%oincident
with that limitation of income, there
was no compensatory limitation of
expense. Under such a policy the net
earnings of the railroads steadily
diminished, upkeep was neglected and
the financial resources OF the roads
became so bad that their credit was
impaired.
Following that long period of
strangling regulation c=me the per
lou VI SONeItllCiiC VIGIL
there was a studied increase of cost
Of operation, Generalization of the
! operating forces and no correspond
ing increase in revenues. The roads
were turned back 10 their private
owners in almost a bankrupt condi-
ton, but with an opportunity under
the provisions of the Tra~nsportaticr
Act to restore themselves to some
where near q satisfactory bushes.
, basis
At the present time there is
/ shortage of cars and locomotives
which shortage is bringing loss t
t many producers who have goods t.
: ship. Construction and extension o
t terminals has not kept pace with ia
! growth Of Industry throughout tn
country. Double tracks, sidetrack
{ and other improvements designed
facilitate the promtp and economics
handling of traffic have been ncce:
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29
CLEMENCEAU TALKS
BACK TO SENATORS

BOSTON, Nov. 24.-The Tiger of
France dashed back at his Senate
critics today in his first American in
terview, granted to the Associated
Press, replying to Senators Hitch
cock and Borah.
Senator Hitchcock calls me a mill
t~arist," Clemenceau, French wal pre-
mier, said. SWELL, / am glad to tell
Mr.. Hitchcock he is in the Senate,
owing to the vote, for only a few days
more. When he is free, / dare him
to go to France and learn the facts"
Answering Senator Hitchcock's de-
mand that he explain why France in
sisted on using black troops in her
army of occupation, the Tiger de-
clared that Hitchcock had been mislec
by German propaganda and that to-
day there was not a single black SOL
der in German territory.
To Senator Borah's recent assertion
that Clemenceau was primarily re-
sponsible for conditions in Europe
because of his great influence in the
drafting of the Versailles treaty, the
aged statesman declared his situation
was particularly distressing" since
in France he had been most bitterly
criticized for having "asked from the
German less than l ought to-"
When he was told that some of the
Senators at Washington had said they
were not able to understand clearly
from his speeches just what he want
ed of America, the Tiger said with {
CLEAN in his eyes that he thought
they would know after his address
this afternoon-the second forma
speech of his American tour.
Clemenceau received his interview
ers in his room at the home of +. L
Higginson, Jr. He wore his usua
: gray cutaway suit, and his gra.
skull cap was perched on his bal,
head. Seating himself in a hug,
l eaSw chair, he said:
"NOw-put any questions you like
and l will answer them"
The interviewers went at once t
the subject of the Washington crit
). cisms. Clemenceau smiled an
shrugged.
Il had made it a point not to dis
e cuss official people in America" h
said. "But L have said l will answe
all, so l must answer.
Il am glad to tell Mr.. Hitchcock h
is in the Senate only for a few day
owing to the vote" he began, refel
o ring to the Nebraskan's recent defe;
for reelection. Therefore, l thin
I'll be excused if l dare him to go
Europe, and if he finds anyone in N
" country or elsewhere who says | ha7
been a militarist, then I'll own it.
d. 81 have suffered much from 49,
n to 1917 for not being a militarist.
turned militarist when the war brol
out-before, l had been a militari
to the extent of extending the leng-
re of military service in France"
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29

One secret of the great success OF
the rodent control work carried on by
the Biological Survey of the United
States Department Of Agriculture in
Wyoming and other states, in cooper
alton with the extension forces of the
state agricultural colleges, is the help
rendered by the individuals who gave
their time and labor to assist in dis
tributing the poison on federal, state
and county lands. in most cases in
adequate funds are available for thi;
work, and wherever this valuable free
labor is given the government i!
saved large sums of money thai
would otherwise be needed for rodenr
control.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29
new Land selling
PLAN OF RAILROAD

To encourage increased settlement
in the northwest and to give the pur-
chaser of it's lands the greatest posi-
BILE assistance as he starts to build UP
his ranch or his farm, the Northern
Pacific Railway Company, through It's
land department., has annoupced a
new style of land contract. Hereto
fore the lands of the company have
been sold under contracts, the ex-
treme duration of which has been ten
years.
Under the new plan, lands are to be
sold on terms which will provide for
the spreading Of payments over a
much longer term. One-tenth of the
consideration is to be paid in cash
and the balance drawing simple in
terest at 6 per cent, is to be amort-
lied over a period of 10 years. This
scheme of payments will be readily
grasped when it is explained that an
annual payment of $81 per $1,000 of
Indebtedness will pay for the land
within tie term, including 6 per cent
simple interest. This has been
evolved with the intention of ena-
bling the purchaser TO employ his
capital in building up his new bust
ness to a greater extent than has
been possible heretofore when the
heaviest annual payments fell due at
the b%eginninug of a contract, a
method which has resulted in slowing
up materially the development Of the
agricultural districts of the west.
Under the new contract, the annual
installments will be the same
throughout the term.
To insure that only honest to good
ness settlers and farmers may be CIV
en- the benefit of this easy method of
land purchase, the contract requires
residence on or neal the property
and the expenditure of specified sums
in improvements upon the premises.
The language of the contract in these
respects is as follows:
j, GAS a material part of the consid-
GRAFTON, the purchaser makes the fol
I lowing averments and agreements
That he is now residing within a ra-
dius of ten miles of said premises
. or will establish his residence upor
the premises or within a radius Of
ten miles thereof within six months
from the date hereof, and will main
: tain such residence during the perioC
: of five years; that he will utilize tn,
+ premises for farming or s~tock-raisins
purposes, and to that end he will
O within one year from date hereof
v place upon the premises improve
q ments of a value equal to 5 per cen
of the purchase price, and, within tn
second, third and fourth years, h
/ will, in each year, place thereon ad
ditional improvements of a valu
# equal to 5 per cent of said purchas
h price. When improvements to tn
value of 20 per cent of the purchas
price shall have been placed on tn
premises, this agreement shall be flu
filled"
This new contract incorporate
some of the most approved and moo
ern methods of land selling and, S
far as known to the company, is tt
first attempt of any large land-sel
. ing organization in this direction.
- is thought to be a long step toward
better selling methods throughout tt
northwest, a program which the in
migration department of the railws
= company has been strongly advoca
ing.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29

The five Central American coun-
tries invited by Secretary Hughes to
discuss limitation and land ornaments
have all signified their acceptance
and have named delegates to meet in
Washington on December A.. Not
only the question of armaments, but
better understanding among those
countries, is to be taken up, and il
is propable that the meeting viii
show results comparable with the
Washington ornaments conference d
lat year and the arbitration agree
ment between Peru and Chill.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29

With the gold value OF the German
ark declined almost to the vanish
e point, and the actual restoration
the existing volume of paper cur
ency to its nominal gold parity no.
here expected, at least partial repu-
alton in some form is clearly inev-
able, declares the current issue OF
&c Guaranty Survey, published by
ne Guaranty Trust Company of New
FORK. The Survey, discussing Ger
lany's inflated currency, says IN
art:
The reported suggestion of Chan
ellor Wirth that Germany should
1rthwith declare general PREPARATIONS
3nkruptcy, following the progressive
.epreciation of her currency, has ac-
entuated interest in some of the fac
lrs underlying the fluctuations in
he exchange value of the mark.
ermany entered the war with a sta
e currency based on the gold stand
ID. This standard in effect has
zen suspended.
Ordinarily ;the purchasing power
.runit of a currency rises when an
lcreased quantity of commodities
5 produced and placed on the market
o be exchanged for money or when
he money supply is reduced. Con-
versely, an increase in the quantity
IF a currency ordinarily reduces its
aer unit purchasing power, even wheo
S continuing redeemability is not
doubted. When through initiation re-
eemability is SACRIFICED and conf
euce in the future of the currency l.
n doubt, there is further reason fol
.urtailment of its actual buying
powe@peG unit, expressed in a rise Of
Frices.
Germany is still in the readjust'
ment period, and has complex and
.ifficslt problems. She has become
lbligStedeto pay great sums for rem
e.. ratiOns, while the loss of Alsace.
Lorraine with its valuable iron ore de
%1osits, and part of industrial Silesia
ogether with the long occupation b!
foreign troops of the Rhine area, have
retarded her recuperation. Moreover
'%olitical unrest and a general demo
5ratizing of her form OF government
ave also had their bearing upon tn
erman situation. These factors
owever, only explain in part Ger
aany'g industrial situation today an
ertainly do not account fully for tn
.dded initiation. The principal res
on is sought elsewhere.
: Germany was not in a position
ontract loans abroad, an dthe avail
bic wealth of her people had eithe
cen exhausted, boarded, or deposita
in foreign countries. Therefore, al
other device for obtaining foreig
help had to be employed, since it we
necessary to purchase abroad mar
raw materials for her industries, {
we'll as to make cash payments fl
separations. This device was the COZ
tinued emission of paper currency c
an increasing scale when she four
lat foreigners would purchase tn
ency where they would not br
0nds. She appealed to the spe
foreign exchange rath
investor in new foreis
ing him instead Of his
e.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29
We SerUe You


Ambitious young men and women who
expect some day to engage in a business
of their own should not fail to establish
a bank connection Of some sort right
now. It has been the privilege of this
bank to render its services TO many
young people who are now successful
and solidly established. A savings ac-
count is the stepping-stone to a Sue
cessful Business Career.
The Bozeman courier. (Bozeman, Mont.) 1919-1954, 1922-11-29

the railroads wrecked in order to
force the only acknowledgements
ment ownership and operation.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

jams and ieIlies made with Certo.
These keep perfectly.
Certo is absolutely pure-contains
no gelatine or preservative. 1t is
Mother Natures "jell-maker."
Housewives particularly have re-
cetved 1t with open arms because
1t is so certain, so economical, so
simple and so useful. They are rec.
ommending it to all their friends.
Ask some of your neighbors about it.
Then get bottle of Certo with
recipe book from your grocer or
druggist at once. Try 1t right away
with fresh fruit like cherries, cur
rants or raspberTieS. Then you will
do all your preserving the new and
modern way, the easy, economical
and better Certo process.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

ing spent for construction and main
tcnance of roads comes from the State
tax levy, Governor McCray said, but is
received from the Federal Government,
fees, and the inheritance tax. The Gov
ernor touched on a number of other sub
jects including institutional needs, and
the removal of the reformatory from
Jeffersonville to Pendleton, resenting
criticism by the Democrats.
Mr. Beveridge commended Governor
McCray's administration Of State affairs
and referred to the speech by Senator
Watson, at the Republican State conven-
ton which he said showed the 'astound
ing" accomplishments Of the national
Administration.
Other speakers were: Jackson, secre-
tary of State: William G. Oliver, auditor
OF State; Judge David A. Myers Of the
Supreme Court, Judge Charles F. Remy.
Willis c.. McMahan. Alonzo L. Nichols Of
the Appellate Court, all nominees for
reelection; Ernest Morris of South Bend,
Thirteenth district chairman; Clyde A.
WaIb Of Lagrange, Twelfth district
chairman; John Jones of Marion.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

For a spread on hot biscuits or
toast raspberry jam has few equals
It's sweet. delicious favor makes
children of us all.
A new and very revolutionary
method has now been discovered by
which anyone can make far better
nuality quickly and very econom-
icallv. With the Certo Process null
ripe raspberries are used, and only
one minutes boiling Is lequired-not
the 30 or more minutes so necessary
nv the old method. The result is a
far superior fruity flavor and two
thirds more product from the same
amount of fruit, because no juice IS
hoiled away. Best Of all the taste OF
fresh raspberry-the kind you picked
In childhood in the old berry patch
down by the woods-is now actually
preserved for the dead OF winter.
The Certo Process banishes all guess
work or worry, as perfect results are
certain.
To make Raspberry Jam Is very
simple-Crush we'll about 2 quarts
of ripe berries, using wooden mash
er. Add juice of lemon. Measure
4 level cups q lbs.) crushed ber-
ries. including lemon juice, into large
kettle. Add TX level cups az
lbs sugar and mix we'll. Stir hard
and constantly and bring to Wig
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

Beveridge and all members of the State
committee and candidates for speeches.
MORAY TALKS ON
STATE MATTERS.
Governor McCray spoke largely. on
questions of State government and de-
clared there was nothing Republicans
need be ashamed Of in the conduct OF
State affairs. He dwelt upon education
al issues and the forthcoming report of
the school survey. 1t was his opinion,
he said, that much money being spent
on education is wasted on "fads and
frills' and the elimination Of these would
result in the savings OF thousands Of dol
lars annually The course of study in
normal schools of the State was criti-
cised by Governor McCray because it
stresses collegiate work too much.
Most of the children complete their
education in the eighth grade. There
fore we should eliminate the frills ana
fads and teach only the fundamentals,
so they can go out and make a success
In life.
Persons being educated to teach in the
grades should be instructed in the
essentials. such as reading, writing,
mathematics and the like"
SCHOOLS AND ROADS
CAUSES OF EXPENSE.
Schools and roads are responsible for
the greatly increased cost Of govern
ment in the State, Governor McCray said.
Very little Of the amount of money be
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23
COMMITTEE
STILL SILENT
ON MEETING
Republican Leaders Announce
Three Vice Chairmen
After Session.
WOMEN RANK EQUALLY

Members o. The Republican State com
mittee, pledged TO secrecy. continued to-
day to refuse to divulge details Of what
took place at the meeting Of the com
mittee behind locked doors at the Hotel
SEVERN yesterday.
Secretary Frederick E. Schortemeier, at
the conclusion OF the meeting an
nounced that vacancies in the Organiza
ton had been filed. Three vice chair
men who are said to be Of equal rank,
two Of whom are women. were elected
and the treasurer OF the committee
named.
Vice chairmen chosen include Clyde
A. Wslb of Lagrange, Twelfth district,
member of the State committee; Miss
Etelka ]. ROckenbach Of New Albany,
and Mrs. Daisy Douglass Barr Of New
castle Reilly G Adams Of this city was
named treasurer In addition TO filling
the vacancies. Secretary SchOrtemeier an
nOunced a decision of the committee
making it possible for women to be either
chairmen or vice chairmeu OF local or
CARNATIONS, district. country or precinct,
and making it mandatory for a woman
to hold one of the two places.
LYONS REPORTS on
TRIP To WASHINGTON.
In addition, it became known that
other matters more practical were dis
cussed also, including ways and means,
a ninety-day poll, and the general trend
on issues for the campaign in Indiana.
Chairman Lawrence Lyons reported 10
the committee the results in part of his
weeks stay in Washington, during which
time he was in conference with Senator
James E. Watson, who sounded the key
note for the Republican party at the
recent State convention.
he roporf "a r-ofrfd ba
gidetracked as far as possible for na-
tional issues was denied by one mem
Der of the committee. who said Chairman
Lyons was taking a middle course as
regard to the desires OF Senator Watson
and Governor McCray. Mr. Lyons. it
was said, because of his close identif
cation with the State administration,
having been director Of the highway
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23
How to Make the Most Delicious
Raspberry Jam You Ever Tasted
New Certo Process Astonishes Housewives
Minutes Boiling Retains All the
of

orous boil over the hottest fire. Boil
hard for one full minute with con-
tInual stirring. Remove from fire
and add Il bottle (scant half cup)
Certo, stirring it in we'll. From the
time jam Is taken off fire let stand
minutes only, by the clock, before
pouring In the meantime skim.
Then pour quickly. Makes 3H pints
or ten half-pound glasses. For Certo
Raspberry Jelly see Certo Recipe
Book.
The former guess work or worry Of
making jam or jelly is now past. The
Certo process Ia endorsed by govern
ment authorities and q1oking ex-
perts; 1t insures perfect results with
every batch. Jellies and jams keep
perfectly. 1t is also very economical,
never requiring more than one min
ute's boiling and thereby making
two-thirds more jam or jelly than
the old method. 1t also makes all
kinds of jam or Jelly, some you have
never tasted before, like cherry jelly
and rhubarb jam, or unusual COM
binations like strawberry and pine
apple, etc. Many housewives are
exhibiting with no little pride the
new navors and better quality OF
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

commission until after he was named
State chairman, could take no other po-
sition.
Among minor matters of importance,
acted upon was the decision of the COM
mittee to retain headquarters at the
Hotel SEVERN during the coming cam
paign.
OTHERS CONSIDERED
FOR STATE PLACES.
Other women. whose names are said to
have been considered for vice chairmen
are Dr. Amelia Keller, Miss Eleanor P.
Barker and Miss Dorothy Cunningham OF
indianapolis; Helen cambridge Of Terre
Haute: Mrs. Fred Ballard, Terre Haute !;
Mrs Bessie Ross of Gary; Mrs. Charles
a Carlisle Of South Bend. Miss Rocken-
bach. one of the vice chairmen chosen
was formerly Republican womens chair
man in Floyd County. Mrs. Daisy Doug
lass Barr. the other choice. is a minister
and has been identified with Republican
politics for several years. She delivered
the invocation at the Republican State
convention.
Following the meeting Of the committee
at the SEVERN the members were dinner
guests at the home Of-Albert J. Beveridge,
on Washington boulevard, as were can
didates for State offices, and Governor
McCray.
Charles ". Miller acted as POSTMASTER
and called upon Governor McCray, Mr..
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23
FIRE DESTROYS
GARAGE
AND MACHINE

Fire destroyed a new double garage at
1e43 Park avenue, an automobile, fences
and shrubbery, q garden, a grape arbor,
damaged another garage ard an apart
ment building early today. The loss Is
estimated at $4,000 The origin is IN
known.
The garage destroyed was owned by
Raffaele Trillo, Apartment No. /, 1913
Park avenue. Miss Harriet Hubbard.
living in an apartment at the Park ave-
nue. address, discovered the fire and sent
In an alarm. The flames that started on
the north side of the garage, had gained
much Roadway. An automobile owned
BY Erwin Vonnegut, 1925 Broadway, was
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23

Eleventh district chairman; Mack Poland
of Crown Point. Tenth district chair
man; VIII j. Robinson, Ninth district
chairman; Lawrence Cartwright Of Port
land, Eighth district chairman; William
e. Kelley Of Indianapolis, Seventh dis
trict chairman; George Elliott Of New
castle. Sixth district chairman; Ewing
Emison of Vincennes, Second district
chairmaA, and Edgar E. Durre of Evans
vile, First district chairman.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-06-23
Burch Uses New
Dust Elimination

EVANSVILLE, June pa. V. Bureh,
vice chairman Of the Indiana State high
way commission, has dumped two bar
rels Of calcium chloride on ths street in
front Of his home on o. Washington ay.
as dust eliminating experiment.
The substance Is soft aud Aaky and
when the sun hits 1t, it melts.
The State may use the chloride instead
Of oil, it Is understood.