davidaulloa/AmericanStories huggingface dataset:
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-10-08

Meeting Girl Scouts, Troop 1.
All Girl Scouts of Troop 1 are re-
quested to meet at the Legion hall
Monday afternoon. The meeting is
called for $3.50 o'clock sharp.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-10-08
Spent half Her
TIME IN BED
farmers Wife Tells How Lydia E..
Pinkham's Vegetable Compound
Made Her a Well Woman

Carter Creek, Tenn. Three years
ago l was almost an invalid. | spent
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-10-08

on Kirkland street. This club meets
at $3.50 o'clock.
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-10-08

Pleasant Gathering
Young MatrOns' Club.
Among greatly enjoyed informal
affairs of the week was the meeting
of the Young Matrons' club, which
took place Friday afternoon at the
home of Mrs. C. W. Terrell.
Pivot auction was enjoyed, two Ia
Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-10-08
Meeting American Legion
Auxiliary.


The American Legion auxiliary
will hold a meeting Monday after
noon at the Legion home. All mem
bers are urgently requested to at
tend, the meeting being called for 4
O'Clock.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
Reserve Banks Discount Rates

THTT.NOFTTHIH aTTI 10 VUv cert
me, 4ls per cert. commercial paper, thres
10 SIX months IA 10 ~ per con-.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
BROADER TRADING
IN LOCAL STOCKS
Wider Inquiry Noted Indicated
Reawakening Of Slumbering
Speculative Spirit

Trading in the local stocks was OF
larger volume, broader and more an
imated, but still more or less special
lied. Price movement was somewhat
mixed with about IN equal division OF
gains and declines. The more important
feature was the apparent reawakenins
Of the speculative spirit which had been
slumbering in a most Disappointing
manner all through the recent tumult-
uous dealings on the Big Board.
Elsenlohr and American Gas once
more were outstanding attractions. The
first named indicated all earmarks OF
competitive bidding which served to
bring the price back to yesterday g
high figure after a brief early dip. In
terests supposed to enjoy close afilia !.
tions with the management continued
to make emphatic denials OF any ne.
gotiations under way or the control OF
the property.
By these interests, Il was asserted,
the control has been placed in the hands
Of men who have developed and are now
managing the business. Others de-
clared with equal emphasis that while
these statements are partly truc as to
the placing of the control. such pro-
cedure would be necessary before any
final agreement on purchase price for
the property could be made.
American Gas again took the sky
route, making quick rise to 81. or
2 points above yesterdays final sole,
but apparently unexpected supply of
stock was encountered. which caused a
sharp setback Of 4 points, to 7S.
L. G. l. was another strong spot
and was advanced within shade Of
Mondays high price. The supply Of
stock IL reports from the board were
true is not overplentiful. There was n
bidding for the stock by floor repre-
sentatives Of several prominent houses
generally understood to act for interests
close to the management. It was an
effort to get the stock without lifting the
price too rapidly. As n result. several
other houses having buying orders found
difficulty in filling them. One with an
order for 1900 shares was only able to
obtain little vor 200 shares, and most
of this was in small lots.
Reported admission by one of the
Pennsylvania directors Of the contem.
plated restoration of the 6 per cent
dividend strengthened the position Of
that investment favorite. The price,
however, did not get above 4S1A, but
at that figure and also Mt 4S&, there
was unmistakable accumulation.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
PRICE MOVEMENT
HIGHLY FEVER|SH
Market Snapped Back Sud-
denIy-General Reaction
Seemed Imminent

New York. Oct. 19.--The two big
news events in the financial world today
was the big blow-up in the English
political situation. with the resignation
Of the Lloyd George Coalition Cabinet
and the announcement Of the proposed
big railway merger in the Northwest
with the consolidation OF the Great
Northern, Northern Pacific and the
Chicago. Burlington and Quincy. The
stock market was kept in a feverishly
churned condition. with prices plung-
confusing manner, but not because of
any influence on part Of these events
but merely as result Of the growing
vigorousness Of the contest between the
trading forces for supremacy.
1t looked for time during the morn
ing operations as II the entire list was
booked for reaction Of considerable
dimensions. There was startling
crumbling Of prices in all directions and
support of the constructive appeared to
have been withdrawn. Very positive
weakness cropped out in widely scat
tered parts Of the list, but suddenly,
without any convincing or consistent
reason. the whole market snapped hack
again just before midday was reached.
Not only were the earlier recessions re-
by the familiar strong arm methods
were jerked back TO and above lsst
nights closing level with quite few
prominent recognized pool issues
making new tops for the year.
The resignation of the English Pre-
ruier and his Cabinet was not altogether
unexpected. nor was the big railroad
consolidation fresh news. Hints of the
latter conference had been IN the air
for several days, and today's announce
inent was merely an Official coniirna-
tion Of the proposed merger. Others
are expected, and possibly great deal
more Of this kind of news will be heard
after next week. when the Interstate
Commerce Commission starts hearings
on the suggested transportation anal
carnations.
The abundant offerings which met
the initial rise in various shares en-
cOuraged active selling by the short in
terest, resulting in a large proportion
Of the list being carried down point
or more below yesterdays final figures.
Particular weakness in oils. steels and
motors influenced extensive profit tax :
Ing. Some rather violent breaks oc-
CURED in special stocks, notably in
Lggett & Myers. which dropped /
points National Biscuit, 513; Amer
can Express and Otis Elevator, o each,
and Pacific Oil and Dawson Chemical
1 each.
The market quickly steadied Itself
and many of the stocks showing soft
ness developed pronounced strength and
rallied with a good deal of vigor. New
crthcless, the trading was conspicuously
,pecialized. with these selected stocks
iacked up in sensational manner for
definite reasons pertaining only to those
particular issues. Corn Products was
nm outstanding illustration in this con
ocction. as also was the renewed aggres
4.ve bullish tactics in some of the high E
prired oils. The recovery, however
was helped to some extent by the
marking down Of the call loan rate
from 5 per cent. the opening and re
ucwal rate, 10 d per cent.
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
PHILADELPHIA BONDS
FOREIGN EXCHANGE

New York. Oct. 19.--Sterling was
the strong and dominating influence in
the foreign exchange market at the
opening today. showing a net gain of
point Mt 4.4S for cables and 4.47M for
demand. Marks, Belgians and francs
made new low records on the move
ment. Local dealings were at a mini
mum and the fluctuations recorded were
mostly Of London and Continental ORR
gin. Francs were down a further 211
Belgians 3l2, lire ! y, Swiss down 10,
Spanish down !, Norway down Z, Swed-
ish down and marks down 3-l6.
Guilders were steady at q new high
for the year, established at the very
end yesterday. Trading still appeared
to be largely Of professional character.
Quotations were: Sterling cables
1. 4.4S, demand 4.479s franc cables 40,
checks 1854; Belgian cables 6.S7,
checks G.S6A; lire cables 4.l91a
checks 4.19; Swiss cables 1880,
checks lS.H; pcseta cables 1879,
checks 1851: Danish cables 2O.15,
checks 20. 10, up ); Norway cables
1891. checks 1856; Swedish cables
28.7O, checks 26.65; guilder cables
80. II, checks 1910; marks .O3 l.16.
The discount on New York funds in
Montreal today was nominally ,n-
changed at $50 TO Il per cent. Ex-
perts expressed the opinion that any
further increase in the discount is un.
likely. Canadian funds in New York
were unchanged at n premium of $50
to Is per cent.
Yesterdays CLOSING QUOTATIONS.
S!erIng Frames Lire Guilders
RsTs"' psg}s. " " tttt$$s T.ls :*:$$s sS:$ ssSs:$$s;
ToDAY's OPENING QUOTATIONS.
Sterling Francs Lire 0u,ldsr.
Demand go. IN 7,8sK fi0 40 III
Gables ..... 4.4s 730 4.I6h S9'tS
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
DIVIDENDS DECLARED

Mexican EAGLE OIL Company first diy,.
dend OF So 0hd for each ten shares on frs,
Drsierrsd, payable IN Lond%n on octo6"r a.
per cent. payable forthwith TO holders OF
record October IT,
cent on common ,and ~ per cent on pre-.
ferred. both PAYABLE November 20 TO stock Of
record November ~.
Reading Company, .sSI SSIIarteTly ! per cen, on
ass s.oH fIs.yesoSd NossmS.r ace0er IL to
Royai Mall Steamship Company. ma,
cent interim dividend on ordinary stock. '''
Ip4.terfsa Irt TS%'osy S.y.es urN5tsry Nc%aybs,
stock Of record October g. "
cont on common. and - per cent on pper gsr
ferred. PAYABLE Soyember 20 to stock Of
California Packing Company, ausrtsrly
ord November so.
preferred payable December l 10 stock o. q
r'fSnan sSen SGyso Gsion OIL Corporation, au.r,.r,.
" Per cent or prefsrrsdi RsySbls Novsm
e'SS 'SSe|sYS. ''Sss az: ~ S!;:is I: 1, ,cs%p:Ss.ss
ter'x te STOCK M P'r record % October 81, S'''"'sf
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
Commodity Markets
GRAIN MARKET

Chicago. Oct. 19.-Whcat averaged
'gher in price today during the early
ipaings, the chief influence being
trength shown by tho Liverpool mar
tct in the face Of declines yesterday
n this side Of the Atlantic. Reports,
however. that traffic congestion at Lake
ports was being overcome and that eX
porters were showing less anxiety about
.uppiies tended 70 check bullsh senti-
nent As result December delivery
here appeared somewhat inclined TO drag
tS compared with May and July.
The opening, which ranged from &c
70 hsc higher, with december Sl.14is
70 $l.14A and Mny SLIPS to Sl.l3
vas followed by moderate setback AND
then by new upturns to above ini,ia.
figures.
Corn and oats parallcled the action
&c wheat. After opening unchanged ~
l.c higher. December 67Tsc 10 G>'sc.
he corn market fuctuatcd within a
range Of about lc.
Oats started &c n &c higher De-
rember 4l9sc to +17sc. and after q
light reaction rallied with other grains.
Provisions were firm in line with
the hog market
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
cottonseed Products Report

u,,,,,,ou oct. 49, The cut'uusg gcd and
o,''n.r"n WaSn,"nS' %roducts report OF tn, Census
So mS9in: a'S54S S54sg 4SSs sSsSs
20 Ssp,V SsdpaT cT,,sh.d. 3sl.O07 tons, compared
wih 4oS Go4 or the s@m; nr1n m n. ioS "a
snu On ot',,rnnared with 39O,01O year ago
t%NS Crude oil produced llI'os:,0Sa pounds, e0m.
pared with wtS ana G1 iss hSn4 q sgS
Spoos oil oroduced 40 ss0, i28 pounds com.
with Sss ana with Sp ssqd ss,o Pa
CAKE and P0%a1 mss1 produssd .i7O,si1 tons com.
pared with lso.bSt nnaa ssa,s on hIsind, IiM 20: :1aA
! S@acsa @ Ss.Ss7 balls sof 500 atur,-. ~ ~
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
Local Change Reduces MembershIp

Tho GoysrninE committee OF the Ph,la-
constitution, reducing the, number, OF mem :.
6srs frSm i22i 70 ego. Tho menibersh!p Of
N. Humphrey. Jr.. for s25oo. unehsnsed
4tinson . CO, <pSto the time Of It's recent
sss;;ssssssss' % the S'''A Of Mr.,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
Bank Of ENGLAND Statement

London. Oct. lv,--The weekly Eano;s EmoR,;ps
changes in pounds Total reserys 'nor.ssssEi oon sSi
$50 900: circulation decreased. soo:gtyv oT IN
creased. aisa. 900; cther Deposit: aecIsssa..ssd a.s
2,ss6 900; public deposits decresssSs1oo ~ 600: GOV
ernment securities decreased. fSSt.oVWv, ~, h,iitS
proportion of the bank's ressTSc s9 wUssh x
sms week IL 1923 per csasSIss'
fas 1882 Der cent. 49,, sa t,.4.t !, 81
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
BANK CLEARIN06

responding day last two years; ,.,.
Phil. l,odSSsc 1890 900 s7s.aSSieoo ,ss ,ssS sSs. o.,
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
Liverpool Cotton

Liverpool. Oct. I0.--There was onIy . ,s,,
easier on tho basis Of a decline OF points
5000 bales h.r. wsre no receipts. afs Ts,,
were were auset IN the early dealings. Spot
good middllng. lS. 05d; fully lniddling is,S5d
mlddlins, is 7od; low middling. 10: BOD; good
ordinary, l2.$od. and ordinary. il.V5d
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19
50 G"0 I 81.
NEW YORK COFFEE MARKET
MoNEY.LENDlNG RATES
PHILADELPHIA
We opening !tN"IN

SEW YORK Money On cal. both cl,.s,s
~ collateral, opened today at Z per cs,'
for lending and renewing. ''''
Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-10-19

OFFICIAL redi9count rates At the twelve Fed
era! Reserve Banks are as follows,
Treas, Lib Com'I Rkrs
ctfa honda - ~
The Washington herald., 1922-02-14

CoRCORAN sT.-3-FAMILY FLAT OF 4
rooms and bath each. Price. 81 900: rent,
SIS: terms, $1,000 cash. SHANNON &
LUCHS, T13 14th ST. NV. Main 2345.
The Washington herald., 1922-02-14
MISCELLANEOUS

ALL KINDS OF FURNITURE WANTED;
enough to furnish. large boarding house:
bedroom. dining room, parlor. misc. articles.
Please call North 114. or Fr. 9047. ao2
WILL CALL IN MY UNLETrEREp AUTO
mobile, city or suburban, and pay you
highest prices for ladies', gentlemen'K. chill
dren's discarded clothing. I will call. u.
RICE, 1892 7th st. NV. n. 175s. ie1
The Washington herald., 1922-02-14
Female.

(g list of over 80 positions
ZEN today.
kfNGroN BUSINESS BUR-. 10 14th.
80
The Washington herald., 1922-02-14
WANTED
BUSINESS OPPORTUNITIES.

WANTED At ONCE FOR OUR CLIENTS.
. small garages and repair shops: 3 gro
ceries. s. O00 70 s. .5O0: deliratesseb. about
$500. Louis r. SHOEMAKER, 1907 y.
Y ave Main I16f
The Washington herald., 1922-02-14

EURIsT; EXPERIENCED; BARBER
|. ssiary and commission NATL
bxNEL BUREAU. 305 Bond Bldg,
"A y Y. ave. 3ll
The Washington herald., 1922-02-14

X ST. n. E.-3-FAMILY FLAT: RENT,
$l40 monthly; good condition. Price,
$4,000. SHANNON & LUCHs. 7i3 18th st
NV. Main pas.
The Washington herald., 1922-02-14
WALL PAPER.

FIFTY THOUSAND PIECES NEW WALL
paper. 1927 styles, reduced to one-half
prices Of 1921 goods. MAH0NEY's. 3e4 Pa.
ave. Sc. Lincoln 5J9 "a
The Washington herald., 1922-02-14
REAL BARGAINS

REAL BARGAINS
Two Ford Sedans, 1920, in
fine condition; demountable
rims, starter and other extras.
Hudson 'supersix touring,
model H; in good condition /;
cord tires, slip covers, ETC.,
$500. ....
Oakland sedan, 1920, in
good condition; 'repainted !;
looks like new. $500.
Maxwell 1920 sedan, in good
condition, $400.
SEMMES MOTOR CO.,
613-19 G st. NV. Main $3.50
1S4
The Washington herald., 1922-02-14

WINDOW CLEANING. VACUUM CLEAN
ing. General Cleaning Contractors.
THE IDEAL CLEANING CO.,
o04 1ith st. NV. Main 52js.
The Washington herald., 1922-02-14
REFRIGERAToRs & ICE BOXES.

Nelson Refrigerator Co.
HIGH-GRADE REFRIGERAToRs.
610 F st. N. w. FIR. 2757
The Washington herald., 1922-02-14

GARAGES.
>S~S~--~~~>~O~~~~~~~-~~~~ ~~~~~~~~~~~~-~-~~~~~~~~
GARAGE. M. HOUSE OFFICE BUILDING
--Two-story brick: holds four cars; price,
$50. wILDMAS CO.. 9Th and II sta
franklin 6406 Sn
conn. AVE. Nw.-Is I-siory garages:
rented. S1fn mo. Price. $4,000. Money
MUSICAL INSTRUMENTS.
Pianos.
~oS>e-~~--~~~~~~~-~~-~~~- ~-~--~~-->~~-~~S~.~N~O~-~
ONE soHMER PIANO: ELAcK CASE;
s1o5. HUGO w0RCH. :11o q st. NV.
KRANH.R AND RAtiH UPRIGHT; Used:
s27h. HUGO woRCH. 1I1o @ at. nv.
ONE PRICE AND TEEPLE IFRfaH1
risno. new: made to sell for sy0n: ouv
price. $685.. HUGO woRCH. lilo q st. nv.
ONE MILTON GRAND PIANO: lTIGHTIY
used: s575. HUGO woRCH. 1fio O st
Nv.
oNF BRYNF UPRiGHT PIANO: MA.
hcrany: s235 HUGO woRCH. if1o o
81. NV.
sO:6ER rPnTcHT. rEIVTIFTf, clU:
ss1S urcn wnpru. rrrn n ct ~.
UPRIGHT PIANO SLIGHTLY USED: sls5.
HUGO woRCH. 111o st. nv.
ONE BT'sH & LANE UPRIGHT PIANO:
used. s2a5: cost. new. $500. BU90
woRcH. I11o q st. NV.
Emerson Upright Plano.
Good as new: price. s2sS. HUGO
woRcH. IIIo c st. NO.
The Washington herald., 1922-02-14
BUSINESS PROPERTIES.

y BUSINESS PROPERTIES.
>-~-~~-~~-~~~~~~~~~- ~~~-~~~~-~--~
$4,000 \
sstory brick near sth a = sts. nv. Suit
able for any kind Of business; large lot.
$4,000
Mt. rieh~nt-hrst commercial; or. bous.
with lot JOX:oO.
S1S,5OO
18th 81. m the heights: first commercial:
, cor. brk.; 10 r. b.; ami; gar; lot 3oIiOo.
HARRY /. CHEW,
Msin 1890 sos Cont. Trust BldE.
BUSINESS PROPERTY-sTH ST. SOUTH
Of New York ave.--3 stories: bri-k: in
good condition. 5000 THOS, J. FISHER
CO., INC. T3s 18th st. Main ESQ.
FOUR ADJOINING HOUSES DOWNTOWN
on lots 96Ni65 feet, which would maize a
good location Tor wholesale business or
warehouse: near ia. Price. So. .O0o.
SHANNON & LUCHS, Sl3 14th st. NV
NJ. 2sts.
| MORTON ST. y w-STORE AND ?
apartments; rent. SO n month: monthly
tenants. rricc 81 .oOo. SHANNON & LUCHs,
'l3 lith 81. nv. NJ. "a.
Ih ST. BUS. COR II. dw6. to clos.
SONS. 3i4 Pa. ave. se.
18th ST y. W. NE. BELMONT ST.
Can be made into business. $1,000.
Thomas Z. Petty, col3 18th st. pw. y. tI5s.
l4TH STREET PROPERTIES.
Apply
Thomas r. Petty. eO13 ltth at. NV. n. tiSs
II ST NR. 50 Nw.-Storc. nat above;
space for EsraEe. Price, $500.
DowNToWN-Eye st. NV: e-story hrk.
store with CIR. house. Price. $4,000.
| PENN. AVE. NV. east Of 18th st
stores . Eats: eN. location; cheap.
18TH ST. Nw.-Good location; store,
r. LIST A.; 3 r. & b. I'd @. Ia0Oo.
1900 BLOCK II ct. ne.-a-sty. brE. store
large T. on LIST A.; 3 r. & b. on I'd
A.: elec. on LIST A.; gas in fat. $1,000.
Mr.. 18th & G ST. N.E.-Store aud
rooms; space for Esr.Ee. Price. 5000.
Kitchen & dining room on LIST 6Oor: 4
rooms and hath on ID floor: rental. 81. 80 >
per yr.: h.-w.h.: cellar. Price. So. 600.
Money REALTY CO.,
80 18th st. NV. Main $3.50.
STORE AND APARTMENT on UPSHUR
st. near Ca. ave-; modern building Price
siO.1oo SHANNON & LUCHS, us I4th ST.
STORE AND 5-ROoM APARTMENT on
Price, sI5.TJo. SHANNON q LUcHs, 7ls
18th st. NV. NJ. 2345.
TWO STORES WITH APARTMENTS
shove on Wis ave: completely modern
buildings. Price, SIS. 900. SHANNON 4
LUCHs. 713 18th 81. NV. N. e345.
7TH ST. NEAR Nw-SToRE PROP
critics with wide frontage: sbort lease
Price, $4,000. SHANNON q LUCHs. 7is
18th st. NV. ". s94S.
THREE-sToRY WAREHOUSE on PA.
ave. near 9Th ST.: hreproof: electric ele-
| vator. Price, $50, 900. SHANNON a LUCHs
Il3 18th at. NV. NJ. 2345.
BUSINESS rRoPERTY-sToRE a APTS-
near 18th 4 Columbia I'd; brick: story:
/ h.-w.h.; fne business location: alley In rear
| Prize, SIS 900; terms. LOUIS p SHOE
hAaER. 1907 ". 7. ave. Main li06.
FIyE-sTORY BUILDING on THE NORTH
side Of Pa. ave-, east OF 7th at Price
| s.. 500: short lease. SHANNON a LUCHS.
Tl3 18Th st. NV. ". 2S45.
STORE AND DWELLING on PA. AVE.
west OF 21st St; brick garage. Price,
$4,000. SHANNON & LUCHs. 7IS 18th st.
nv. N. 2345.
CORNER GROCERY STORE IN re-
| stricted section Of Petworth. and modern
dwelling Of z rooms and bath. Prize. 81 .OoO
1 SHANNON & LUCHs. Tis I1th u. nv.
NJ. 23ts.
1 STORE on GA. AVE, Mr. PARK ROAD
| Price, S. 200; properly IL clear. SHANNON
q LUCHs. rs isth Of. NV. n. 23xs.
The Bemidji daily pioneer., 1922-12-18

{ Boots. not the dainty little crea.
tions that our American girls have
beeh spM ting, but real, honest.to.
goodness boots, are the latest rage
in London. according to Miss Kitty
Rachman, who has just returned
from q trip to England.
The Bemidji daily pioneer., 1922-12-18
the workman HIMSELF order to they be taxed The Cong
periods depression should be sitting
By Altman

they are to be taxed. The, Congress,
sitting as city,: council, appropriates
the money for the District Of Colum-
bia, sixty per cent-from the revenues
Of the District {taxes) and3forty per
cent from the National Treasury, in
place of the taxes which; the; Govern
ment does not pay the city, for its
land and buildings: The three Com
missioners prepare the: estimates,
which are pruned by the Director of
the National Budget, after which the
District Committee in Congress fur
ther prunes them,. after which the
House does some more pruning.
What is left, when the bill is passed,
Washington may spend on Washing
ton.
With. the schools of the city in a
deplorable condition, both as to
buildings and insult fHcient staff, over
crowding and lack Of books, lack of
facilities, and even lack Of flags to
teach patriotism, condition due to
parsimoney in Congress and war con-
ditions, Washington citizens, with no
franchise, no political power, and no
representation, can but voice their
desire to be taxed to have an ade-
quate school system for their child
'ren, by means of meeting, petition
and publicity.
The Bemidji daily pioneer., 1922-12-18
PROSPERITY DEMANDS
EQUAL DISTRIBUTION

CONTINUED from page II
to talent, to initiative. This menas
a greater-yes, an almost perfect
economic understanding.
sand it is here tnat l come to the
pubic work Of the banker-tlle work
that is to bring him his fullest de-
velopment, his highest reward. In
his business field he provides for
himself and his family. Ii he wisely
cultivates that field, he aids in the
business development Of his commun-
ity and his growth is corresponding
Is great.
His activities are at the very cent
er of our economic life. His serv-
ices are rendered to every element
Of our economic existence. Sound
banking policies discourage specula-
tion, encourage balanced production
and balanced rewards for produc-
ton.
"The banker is no less interested
in the success Of the laborer and the
farmer than in the success of the
merchants and the manufacturers.
Each contributes to the field OF his
endeavor, some bringing deposits,
others requiring loans. and only can
he prosper as many prosper.
"Our commercial life is, based OH
credit-that is, on character, on capa-
city. Our industrial life is based
on production, underlying which are
character and capacity. The bank
know that nations stand as high as
it's men and their products He knows
that the homes of nation are hap
ny as their owners are industrious,
as they put character and capacity
into their work. He knows that a
nation is but an aggregation OF
homes-that it is prosperous and
happy as these homes are prosperous
and happy-that it grows in strength
and character as happy homes give
forth sons and daughters of strength
and character-and as it's economic
adjustments approach justice and
character"