davidaulloa/AmericanStories huggingface dataset:
Perth Amboy evening news., 1922-12-09
FINANCING THE FARMER
PROBLEM FOR CONGRESS
Daily Letter by Frederic j. Haskin

trre in all parts of the country and
it is hoped to have a new authorize
ton ready in time to permit farmers
to convert their old mortgages into
new with the higher maximum loan.
Under existing law to obtain
these loans. national farm loan as
sociations must be forced and no
loans can be made except through
them. 1t is felt that where no such
associations have been organized,
the farmer is not adequately taken
care of. Therefore, a law will be
proposed providing for the estab-
which will deal directly with unor-
ganized farmers and obtain loans
for them on the security Of their
farms.
Farm Loan Bonds Gilt Edged .
The millions which are lent to the
farmers are obtained from the sale
of bonds known as farm loan bonds
which have a status as quasi-gov-
eminent bonds and are gilt-edged
securities with a ready market. The
Federal Land Banks have, in the
PAST marketed these through bank
ing s~yndicates, paying commissions
for the service performed. 1t ia
planned to save It's expense by the
creation of a bond selling organiza-
ton among the Fedora Land Banks.
By selling their own bonds they
expect to be able to raise money
at less expense, this being later re-
Elected in a smaller interest charge
to the borrowing farmers.
A complaint against the Federal
Reserve system has been that mem
Ger banks are chiefly located In
cities. The small country banks are
not large enough to join. Therefore,
even such credit facilities as are pro-
vided by the system are not avail
able to farmers deep in the country.
because their small banks are not
members. To remedy this, it is pro-
posed to admit banks with capital as
low as $12,500 to membership. This
membership would give them h
privilege of rediscounting their
paper at federal reserve banks. The
plan would be to let the small banks
in and, as they become stronger,
their capital would be increased.
Another amendment to the the
federal reserve act, is n which
would limit the interest rates, which
may be charged by member banks.
The limitation would be fixed by
stating that a member bank could
CLlll Q OoI q PNL SSaS
money than it had to pay the fed
eral reserve bank, at which it dis
counted paper. Thus. il a member
bank ~rediscounted note with a fed
era1 reserve bank, paying a rate of
5 per cent, the member bank would
be permitted to charge no more
than 7 per cent to the farmer who
actually got the money. The 2 per
cent margin would be the profit of
the member bank. There will be
| strong opposition to this because
the freedom to move interest rates
without such obstacles is regarded
| as a part of the regulatiye merit of
! the federal reserve system.
At present national banks have
| certain exemptions from taxes levied
by states. 1t is proposed to remove
them.
These are the measures which
constitute the legislative program of
THE agricultural bloc in the field of
finance and a sharp fight al be ex-
| pected in putting them through.
| The farmer believes he will be bet
| ter off with these laws on the stat
| ute books.
Perth Amboy evening news., 1922-12-09
YOUR FUTURE
YOUR FUTURE

You have noticed that hard times and prosperity follow
each other in cycles, like spokes Of a revolving wheel. Makes
life uncertain. You never know for sure what to expect.
A valuable tip along this line is furnished by Colonel Leon
ard W. Ayes. In business he's the s~tatsttician for Cleveland
Trust Com jany and known internationally. Uncle Sam uses
hts 'fggers''-keeps him on the army's general staff.
Colonel Ayres, after Analysing business conditions in the last
sixty years, makes this discovery:
'During this long period, as many as four years out of each
ten, have been years of serious business depression.
In other words, striking an average, two years out of every
five are genuine hard times. And, probably, out of the three
remaining years, one is a period of mild depression, one a
year of half-hearted prosperity, and only one year in the
five a genuine boom period
each five years of your life will be times when the shoe will
pinch tightly.
If you live sixty years, t~wenty-four of them will be in periods
of hard times. In the remaining thirtysix years you will
either be operating q in prosperous conditions or at least getting
a fair run for your money.
Out of the entire 50 years, probably not more than twelve
will be years of ''easy picking" II
In a lifetime of sixty years, according to these figures, the
average man has thirty-six years in which he makes or breaks
himself and his fortunes.
During these ~thirty-six years of varying degrees OF pros
perity, it is necessary to build up a reserve fund for the twen-
ty-four years of hard times.
This truth has been known since ancient days in Egypt
when one Of the Pharoahs stored grain during seven fat years
to provide for seven lean years that followed.
America is now definitely well into a period Of better times.
The depression that began in May, 1920, still is fresh in our
memories. We should keep it there indelibly.
Hard times do not last forever. Neither does prosperity.
Hard times will come again-n your Lifetime. Ii wise, you
are preparing-laying away a financial umbrella for a rainy
day. And you have noticed, that it seems less inclined to rain
when you have an umbrella.
Perth Amboy evening news., 1922-12-09

@. Do big cows pay better than
small cles?-k. r.
A. Generally speaking, large cows
are the biggest producers of dairy
products and are also the most
profitable. y
@. What does p stand for in the
name Of Charles P. Steinmetz PC.
M. Fl.
A. 1t stands for Proteus, a col
lege nickname, which he Incorporate
ed for the sake Of a middle initial.
@. Which was larger in 1850,
Washington or Chicago.-L. s..
A. In 1850 the population OF
Washington was 40,001 and that Of
Chicago, 29,968.
@. When Jefferson was forming
the Democratic party who was the
leader of the other factions &c. Q.
w.
A. Thomas Jefferson as WASH
ington's secretary of state, and
Alexander Hamilton, as his secre-
tary of the treasury, had opinions
on subjects of national importance
that were Numerically opposite.
About one grew up the Democratic
party and about the other the Fed
eralist.
Q. Does a steel measuring tape
vary in length in hot and cold
weather?-E. L. r.
A 1t varies according to temper
ature.
Q.What is the method of condi-
tioning yarn?-C. B. w.
A. The standard method Of con
ditioning yarns for laboratory de-
examinations as to physical proper
ties is. to place the material in an
atmosphere of 65 per cent relative
Perth Amboy evening news., 1922-12-09
humidity at 70 degrees T.
How old Ia hydraulic miningf =

humidity at 20 degrees r.
. How old is hydraulic miningf--
o. T. T.
A. E. =. Matteson, a Connecticut
Yankee, invented hydraulic mining
in 1852.
tions as those who stay bought
S. l..
A. Simon Cameron, United States
senator from Pennsylvania, member
of Lincoln's cabinet, and the first
powerful. state boss in American
polotics, is said to have been the
first to define an honest politician
as lone who will stay bought when
he is bought"
@. What are the requirements
for membership in the Campfire
Club of America ?-W. T. G..
A. Membership in the Campfire
Club Of America is limited to those
who have camped in the wilderness
a total of thirty days or MORE. and
who have successfully hunted and
killed at least two specimens OF big
game"
Q. When was the Colt revolver
made?-H. q.
A. Samuel Colt, the inventor Of
the Colt revolver. ran away to sea
in 1928. While on this voyage lie
got the idea for a revolver and
made a wooden model with a jack
knife. The following year on his
return he made a rough iron model,
but it did not work well and it was
not until 1885 that he acquired both
the knowledge and the funds 20
complete his work and take out "a.
patent. 1t was not until the Mexi-
can war that the revolver was used
to any extent. After this contest
the migration o he ives began and
everyone who made j went armed.
This weapon also played a great
part in the Civil War for most u
the northern troops were supplied
with Colt r%evoIvers in addition 10
their Springfield rifles.
@. What is meant by silver Latin?
&C. G. H.
A. Silver Latin is the name ap-
piled to the Latin language of the
early Roman Empire following the
classical period.
Perth Amboy evening news., 1922-12-09
Queaions-Answe

Any reader can get tho answer to
any question by writing The Perth
Amboy Evening News Information
Bureau. Frederic J.. Haskin. Director.
Washington. d. G. This offer ap-
plies strictly { Information. The
bureau cannot give advice on legal,
medicinal and financial troubles. 1t
does not attempt to settle domestic
troubles. nor to undertake exhaus-
tive research on any subject. Write
your question plainly and briefly.
Give full name and address and en-
close two cents in stamps for return
postage. All replies are SEM direct
to the inquirer.
Perth Amboy evening news., 1922-12-09
CUT THIS QUIT is WORTH
MONEY

Cut out this slip. enclose with Sc
and mail it to Foley & Co. 1885,
Sheffield Ave. Chicago, Ill, writing
your name and address clearly.
You will receive in return a trial
package containing Foley's Honey
and Tar Compound for coughs, colds
and Group; Foley Kidney Fills for
pains in sides and back; rheumatism
backache. kidney and bladder all
ments; and Foley Cathartic Tablets
a wholesome and thoroughly cleans
ing cathartic for constipation. bill
BUSINESS, headaches. and sluggish
bowels. Sold everywhere.-Adv.
Perth Amboy evening news., 1922-12-09

A wife advertfses for her hubby,
gone IL years. Perhaps she sent him
to match some ribbon for her.
Perth Amboy evening news., 1922-12-09

Concrete facts are what make a
state. Pennsylvania has just COM
pleted 400 miles of concrete road.
Perth Amboy evening news., 1922-12-09

This may be an awful country;
but in Warsaw, taxi drivers are al
lowed to charge what they please.
Perth Amboy evening news., 1922-12-09

Oregon professor says teachers
should know 1000 words and the
small boys say Study this at home
should not be among them.
Perth Amboy evening news., 1922-12-09
Bible Thought For Today

- THE GOLDEN RULE:-As We would that men should do
to you, do We also to them-Luke 6:31.
Perth Amboy evening news., 1922-12-09

Oregon professor says teachers
should know 1000 words and the
should not be among them.
1t is estimated that opening tin
cans has cut too many fingers.
New safety works like a
lawn mower. Now we need a clothes
brush that works like a street
sweeper.
C~lemenceau says he favors q law
prohibiting long skirts. We are
against it because that would make
them wear long skirts.
Rural photographer writes to say
since hunting began he has made a
fortune on six stuffed rabbits.
Christmas story: MAMA, what did
that man bring, all wrapped up?
The most serious mistake on earth
is being too serious.
N1ldt Will you SiNO youi H4IS loi
Christmas? Let us suggest a box of
the kind Of cigars you smoke.
The height of ignorance is think
ing you know everything.
A girl tells us none of her fellows
will make a date with her because
Christmas is so near.
Getting a $40 bill is unlucky be-
cause there are no $40 bills.
Now that college cheer leaders are
idle they nigh. get jobs cheering
board Of directors meetings.
If Harding is given as many tur-
keys on Christmas as Thanksgiving
there will be a turkey shortage.
I Next year starts out with q better
| outlook than this year did and this
years wasn't so very bad.
They are discovering ways to dc
everything fast except sleep fast.
Cheek to cheek dancing has boost
ed the aZo business.
The man with a fake cure for
rheumatism will pull your leg,
A pork roast is expensive and a
beef roast Is expensive but neither
Is as expensive as roasting some
body
Perth Amboy evening news., 1922-12-09

A good hunter lets his conscience
be his guide.
Perth Amboy evening news., 1922-12-09

1t is estimated that opening tin
has cut too many fingers.
Perth Amboy evening news., 1922-12-09

Only a few more months until the
first signs of spring.
Perth Amboy evening news., 1922-12-09

The man with a fake cure for
rheumatism will pull your leg.
Perth Amboy evening news., 1922-12-09

A pork roast is expensive and a
beef roast Is expensive but neither
Is as expensive as roasting some
body
Perth Amboy evening news., 1922-12-09

Cheek to cheek dancing has boost
ed the razor business.
Perth Amboy evening news., 1922-12-09

They are discovering ways to d
everything fast except sleep fast.
Perth Amboy evening news., 1922-12-09

New safety razor works like a
lawn mower. Now we need a clothes
brush that works like a street
sweeper.
Omaha daily bee., 1922-05-20
Charge Asked
Against Driver of
Chicago Death Car
Police Continue Grilling Of
Suspects in Effort 10 Locate
Other Occupants Of
Killers Auto.

Chicago. May l9,-indietment ol
John Miller. alleged driver Of the
death ear" from which shots were
fired May 9. killing two policemen,
in disorders attributed by police 10
labor troubles. will be asked today
by Robert Z. Crows. states at
,ofey. Police today continued the
queSiioning OF suspects arrested yes
terday. in an ei,or, 10 locate Charles
Daudzauskis and "floa,er" Stanley.
named by Miller as the other oeeu'
pants OF the car In q confession police
claim 10 have obtained from him.
Other indictments also will be asked.
Mr.. Grove in,imzted.
Through Tony Schultz. arrested
Yesterday in the saloon owned by
Charles Banai,is, who also is held,
police say they believe they can 10.
cate Daudzauskis.
No Disclosures.
big Tim" Murphy, head OF the
Omaha daily bee., 1922-05-20
Man Held in Connection
With Holdup Of Limited

Tucson. Ariz. May i9.-lhafgei
with being an accessory alter the
fact IN connection with the attempted
robbery OF the Golden State Limit.
cd OF the Chicago. Rock Island aud
Pacific railroad al Jaynes, las, Mon.
day morning. Richard X. Starr. a
pipe-iitler. employed by the Southern
Pacific company. was arrested At his
home here by Sheriff Ben i, Daniels,
The defendant is accused OF having
harbored the bandits, Starr is the
first man arrested in connection with
the affair.
The prisoner was affaigned this
afternoon before Judge Pease and
demanded a preliminary examination.
Bond. which was fixed at 81 900. was
furnished and his preliminary exam.
ina,ion was Sc, for Saturday, May
17
Omaha daily bee., 1922-05-20

warehouses for the storage Of prod
ueis, OF the farm, A farmer put
ting products into warehouse
werld be enabled 10 obtain a loan
on his products unp 10 50 per cent OF
tlitir average market value Tor the
lase live years,
lhe government would not
charge interest on the loan, which
could run ier not 10 exceed one year,
h", would impose sufficient charges
on the storage Ia the warehouses 10
make the system sei-sustaining, The
government would supervise the
warehouses and the products stored
therein.
Then he added;
"fhe warehouse credit system
would provide adequate efedi, iaeili-
ties so that the farmer would no,
need 10 dump his crops OF the mar
ket until he could receive fair
price Tor them"
Senator Capper said the sugges-
tions OF Mr.. Edison would be given
serious consideration along with the
other plans and suggestions which
are before the subcommittee.
Omaha daily bee., 1922-05-20
Steel Men Favor
Plan to Abolish
l2-Hour Work Day
Approve Suggestions Of Presi.
den, at White House
Dinner-Commiiiee
to Investigate.

Washington. May l9-sleel manu-
iaeiuIefs 10 conference al The White
House last night with President
Harding approved In principle the
presidents suggestion Tor the aholis
non OF the l1ahouF work day, The VI
representative leaders OF the indus
try who were present unanimously
adopted A resolution authorizing th,
president OF the American Steel ane
Iron institute 10 name q committee
OF five from the steel industry te
make scientific aud careful inyesti'
CATION oi the matter and report iheiI
conclusions TO the industry.
Judge Ebert II. Gary, chairman
OF the board oi the United State,
Steel corporation and president OF
the institute. will name the committee
THE president stated" Judge Gary
said. that he did not desire 10 in.
,eriere with the natural and legiti.
mate progress OF bushes nor 10 dc
anything except help the industry to
meet wha, is apparently strong
public sentiment He gave oppor-
tunity TO all present TO express their
views on the subject under inquiry
and advantage was freely taken oi
the invitation.
The conference occupied more
than three and a half hours. The
visitors were served dinner and then
went into conference over the prcsi-
dents suggestion for the doing away
with the l2-hour day.
The departure OF the guests from
the White House bore out the presi-
dents Statement, OF the iniormali,y
OF the meeting as the president
chatted with the departing guests
in the entrance as they were taking
their leave.
Omaha daily bee., 1922-05-20

gas house workers and stFesi sweep
ere, scan" ahsa. ei the Theatrical
ianitors union, aHi Ped Nader
president Of tbs Chicago Building
Trades eonnell, were questioned ~
p0liec until sarly today, bat lhsaf
40 disclosure
Kickhsm Ssanlan, shisi iuslies OF
tie criminal court. before whom AZ
application for immsdiatF lFlai, hlsl
hy attorneys ioF Murphy, Nader shi
Shea Is now peniiug, denounced sbis
business men" who refused 20 serve
on iufies, In an address last night
Much crime would be wiped oui
II business men would accept the &C.
spoHsihilily OF jury service he said
Situation Critical,
There have been Is bombs
thrown in Chicago 10 the last ~
days and the recent killing OF two
policemen brought matters 10 q
head II MainF Tho nsNn had
brought Murphy and Nader into bis
Office. and ordered them TO stop any
disorders in their organizations, this
trouble would have been done away
with" he SAID,
"fhe union situation is most
critical. Many leaders arc deiying
Justice and leaders must be bFibed
before a, building can be erected,
he said,
Omaha daily bee., 1922-05-20
Russians Are Warned
by British Premier

the Russians 20 modify their eco
nomie views, said;
"Eysn MF. Lloyd Georges bfilllan
eloquenee cannot convert the Russian
people who have other pfeludiees
For instance. II ones nsighbef buIni
down ones house he should pay iel
the damage. The Russians. however
will continue their efforts Tor peace.
DR.. Walter Rathenau. German
ieFeisn minister. discussing the eco
nomie commissions report. declared
/, would he impossible TO feeonslrue,
Europe without the aid OF the United
States.
"Peaee is what the world de-
mands," he asserted.
NJ. Tehitehefin created surprise
when he declared that the Russian
delegation was dissatisfied with the
economic report because !, was not
broad and comprehensive enough IN
rs political orisniation 10 be useful,
He said the attitude toward labor
was narrow and unsatisfactory.
The head OF the Russian delega.
ton is little justified. considering the
present economic condition OF his
country. to give lessons to other
countries" NJ. Colfat said.
The economic report was then
adopted with the understanding iha!
reservations by certain powers would
be recorded
Foreign Minister Sehanzer submit
ed TO the meeting the project Tor
The Hague meeting Of experts and
the text OF the aggression agree
ment which would permit the dis
cussion there with the Russians to
take place in an atmosphere OF mu-
,ual confidence. and especially in the
spirit OF pacifieation which he said
had inspired the Genoa conference.
The nations represented. except
Germany, were called upon to aecep,
the truce. and the heads OF the vari-
Gus delegations arose and announced
their approval. Several nations ac-
ccpted with reservations, especially
the states on the Russian border,
which already have treaties OF peace
with Russia which are not TO be
affected by the truce.
Omaha daily bee., 1922-05-20
Edison Summoned
to Aid Farm Bloc
on Rural Credits
Great Inventor Would Have
Government Warehouses
Where Crops Could BE
Stored and Loaned on.

Washington, May l9-lspeeial
Telegram. .)--Thomas A. Edison has
been summoned 10 the aid OF the az.
fieul,ural bloc in the senate. In work.
ing out remedies Tor rural credits and
supplying farmers OF The country with
cheaper fertilizers.
The invitation 10 Mr.. Edison was
extended Al the request oi Senator
Norris OF Nebraska, Senator Capper
OF Kansas and other Representatives
OF agricultural states.
Mr.. Edison appeared before the
subcommittee representing the agri-
cultural bloc today. and tomorrow
will appear before Senator Norris
committee which is considering the
Muscle Shoals project.
Before the subcommittee oi the ag-
rieul,ural bloc. which is considering
the subject OF credits based on the
products OF the farmer commodity
credits. Mr.. Edison today advocated
a nationwide system OF government
warehouses in which the products OF
the farm could be stored and on
which the farmers could obtain
loans.
Mr.. Edison said he had been study.
ing this subject for months and had
been induced to take !, up by Henry
Ford.
The subcommittee. headed by Sem
ator Capper, has seven or eight bills
before il and is trying to take the
best ideas out OF these bills and
frame one on which all advocates in
the senate commodity credits agree.
Hence there was much interest in
what Mr.. Edison had to say.
Under the plan outlined by Mr..
Edison the government would build
Omaha daily bee., 1922-05-20
ESCAPED Convict Slain.

Phoenix, Ariz.. May i9-Oscar
Schultz. an escaped convict IRON the
Arizona state peni,entiary II Flor.
enee. was sho. and killed yesterday
by members OF sheriff's posse, who
had been pursuing him since Tues
day. when he held up a bank in
Cooley. Ariz.. and escaped with S277.
according to advices received here
last night. Schultz. sentenced to five
years imprisonment for q robbery
in Apache county. escaped from the
penitcntiary with two other men last
December Is. ....a-.
Omaha daily bee., 1922-05-20
Boy Of IS Is Lynched
for Murder Of Woman

Dayisbofo. Ga. May l9,-eharlss
Atkins, IS, one Of four taken into
custody in connection with the Kill
ing af Mrs, Elizabeth Kitchens. 20
VAS sbuFnsd al the stake last night,
The lyHshing occurred al the scene
Of the murder and followed an al
legged confession from the prisoner
More than 200 shots were fired into
the body following the boys death,
Following the lynehing OF Atkins,
tie mob started ou, on search Tor
the youth he had named as his &C.
eompliee.
Omaha daily bee., 1922-05-20
Oregon Coach Drives Over
Own Child: Is Uniniured

Corvalles, Ore, May l9.-While
hacking out OF his garage here yes
terday Football Coach r. B. Ruth
erford OF Oregon Agricultural COL
lcge ran his car over his 18-month-
old baby. The child was rushed to
the hospital. and though the rear
and front wheels had passed direct
i. " across his body, no bones were
Broken nor any internal injuries
could be discovered.
Omaha daily bee., 1922-05-20
Fear Attempt to Lynch
Spencer Murder Suspect

O'Neill, Neb.. May lo.-(Special
Telegram. Fearing an attempt to
lynch him, Walter r. Simmons, held
for the murder of Frank Pahl, was
brought from the Boyd county Jail
at Butte to O'Neill for safe keep
ing. He will be taken overland to
Burnell, south of here, tonight and
from there to Lincoln.
Omaha daily bee., 1922-05-20

4 MILDLY style n g ht
shirts with short
sleeves for real cool
ness. R e gu | a t j on
styles of fine muslin,
nainsook, crepe and
silk mixtures from
S1.25.
Night shirts in extra
sizes are 81, $3.50
and So.
4 Pajamas of percale
crepe, madras, nain-
sock and silk mix
lures, $3.50 to $40 a
suit.
4 Summer underwear:
B. V. D.. $1.50. Man.
SEQ athletic style
suits, $3.50 to IS.
A complete selection
of Superior Knit suits.
To the Left A. You Enter
Omaha daily bee., 1922-05-20
York County Land Owners
Paw Taxes on Big Acreag

York. Neb.. May 1o-(Special)-
Two receipts for taxes on land in
York county written in the treasur-
er's office were S2S02.25 paid by
NJ. N. Otto upon 2.6H acres of land
and the other one was for S,2S0.44,
paid bv H. H. Otto upon 1858 acres.
There is but very little improvement
On the land,
Omaha daily bee., 1922-05-20
France and Italy Favor
Probe Of Turk Atrocities

London, May i9.-(By A. P)-
Favorable replies have been received
by the British government from
France and Italy TO Great Britain's
proposal to send a commission TO in
quire into alleged Turkish atrocities
in Anatolia.
No reply has been received from
the United States government.