davidaulloa/AmericanStories huggingface dataset:
Evening star., 1922-02-16
SOLDIERS VOTE
TO APPEAL TO PRESIDENT
Wau AK tor Law DeAnitely Civ.
Ing Benefits Under Total
Disability hating.

Wounded soldiers at Walter Essed'
hospital At = psfs meeting held lGst'
night, decided to appeal direct TO-
Presfdsnt Harding for enactment Of
= bill which would secure to totally
disabled mon the benefits Of such
rating under the war risk insurance.
The director Of the veterant Bu-
reau cannot decide how long bone.
ncisry must be totally disabled until
win not assume the authority Of say
inS 2 man % permanently ana totally
disabled usbsss that man 10 dead" de.
elAfee the memorial drawn UP FOR
presentation to the President.
dent use his good of,ces to secure
enactment Of : bill. before the ad-
Justed compeffsAtion bill which would
amend section 400. article I. Of the
war risk insurance act, by the sddi-
eion OF the following:
under this act has been nerstofore
rated By the United states public
health service. bureau Of war risk In
sufancs. Or the Veterans Bureau, A.
psfhAnsntly and totally disabied. BY
either OF said organisstions, and has
oeen eontinu6usly 80 disabled for 3
has been found Upon exafnination by
competent medical, authority TO be
unable 10 follow continuously any
matarlsiiy Eainful occupation, such
benencfefy shall be adjudyed 70 b
totally disabled and shall Be entitled
70 70 an the dement's Of such rating un.
acts afiSndatoty thereto, from the
date such total disability befsn.
PROVIDED further, that 1he word
permanent IN section 100, article
= OF the war fisk Insurance act
% ana 10 hereby construed to apply
continued for Twelve months or fnofs,
and 20 those who are suffering from
SSnronic Or recurring .disabiiitles OF
oisSases rss incurred In line Of duty"
Great ambiguity in the phrsaeoiotv
OF the war riak Insurance law. which
permits different Interpretation OF
meaning. and declares that I've be.
neve we are not only morally, but
Evening star., 1922-02-16

ONCE Il any one should swear out q
warrant for his arrest.
Senator Watson referred to the old
law OF l7SS. establishing the Treasury
Department. which provides that no
person may be appointed Secretary
Of the Treasury. and to other high
ofhces in the department and also be
directly or indirectly concerned or
interested In carrying on the business
Of trade or commerce, etc.
The Georgia senator called atten-
tion to the fact that President Grant.
being unaware of this statute, had
appointed Alexander r. Stewart,
widely known merchant Of New York.
Secretary Of the Treasury in his cabf-
net. but had later Withdrawn the
nomination after his attention had
been called to the law. An effort
Evening star., 1922-02-16
NATIONAL DANGER SEEN
IN DlSARMING TOO FAR
Representative Kahn Sounds Note
Of Warning at Dinner Of
Loyal Legion.

Fear that the pendulum Of public
opinion, especially that "on the hill"
was swinging too far In the direction OF
a total disbanding Of military and naval
forces, was expressed by Representative
Julius Kahn of California. IN discussing
military Disarmament" at the fortieth
anniversary dinner Of the Military Order
of the Loyal Legion Of the United
states. Commandery o. the Distsict ,,
last night. Representative kshn spoke
in favor Of reasonable yiepqredness "a
Of q standing Army OF 10000 ISL.
Gen. Nelson A. Miles suppo. .te. the
opinions voiced by Mr.; Kahr; g old 1,so s
kota. who stated tina. for great na:ion
Of 1Io. .0o0. .oe8 people, covering = great
and far-reachins territory. sucl an
Army was not excessive. but a. advis-
able and necessary.
Justice Wendell =. Stanord OF tne
speaker. maintained that tho United
states will, II necessary, hght for homer,
Independence and sovereignty. but wili
never be the agSressor. America must
now use the great weight oi ia;d nsf inna'
John II. Bartlett OF ths United
States Civil Service Commission de.
lIvcred an addreSs on "Ameficanism.
More than 200 veteran ofi1cers OF the
civil war, their wives. sons. daughters
and guests. were In attendance In the
ballroom, which WAS decorated with
American fags.
officers of the Loyal Lesion are:
Commander, Mai. Gen. John L. Glenn.
u. 8 A.; senior vice Commander. Rear
Admiral Charles H. Stockton, U. 8. y:
Junior vice commander. Col. Henry G.
Ri.er. U. 8. ": recorder. Grahame II.
Powell; registrar. Col. J. F. Reynolds.
U. S. A.: treasurer. James r. Hood:
chancellor, Capt. Edward ]. Dorm.
U 8. N: chaplain. Rev. George F.
Dudley. D. D.; the council. DR.. John
p. Fillebrowh; Capt Andrew J. Hun
toon, u. 8. W; FRAZIER D. Head: Lieut.
Thomas H. Mckee. U. 9. Vi: and ReA'
Admiral John NJ. Hawley. U. s. N.
Evening star., 1922-02-16

was made At that time to have the
law amended. 20 that Mr.. Stewart
might be retained in the Presidents
cabinet. but the effort failed.
law governed President Harding and
Mr.. Mellon just AZ 1t governed Presi.
dent Grant and Mrs.. Stewart. and
continued:
Admitting that neither Mr.. Mellon
Evening star., 1922-02-16

nor President Harding knew OF this
law At the time the nomination was
made; admitting that the attention oe
the Senate was not called to IL at the
time OF the confirmation, the Presi-
dent knows II now. Mr.. Mellon knows
II now. and there 10 not lawyer
here who can say one word In defense
Of either the President or the Secre-
tary. II 50. I want him to rise and
say It."
Evening star., 1922-02-16
KENYON srnns NOTICE.
Senator Informs Governor Of Iowa
of Rssienation.

The resignation Of william s. Ken
yon as> United States senator from
iowa, to take effect February -. was
today en- route to Gov. Kendall Of
Iowa.
scnStor Kenyon, who is resisnins
70 take the federal clrcuit judgeship
to which he recently was appointed
by President Harding, mailed his
res! enation to the Iowa governor late
yesterday, It was learned today. He
also sent the Iowa executive = tele.
Evening star., 1922-02-16

Also legally ensitied to the bsnet,ss Of
our insurance."
morial declares that the wounded men
ct walter Reed. ARE the residue left
at the bottom Of the cfuciblA Of war;"
For these patients. says the state.
nient. "the RECALL has never sounded.
the war 10 still on. the battle Is still
raging"
Evening star., 1922-02-16
FIRE At E, WING FIELD.
Plane Hits Building, stin DrsSse
Tanning Resultant 1lase.

HOUSTON. Tex, February 16--A
DISASTROUS nre started this morning
At Ellington Field. the United states
Army aviation hsld. twenty miles
from here. Two mon were injured
when their plane orashsd into the
xymna stun. and the nre which
started was spread rapidly by q stih
breeze.
Evening star., 1922-02-16
TEX RICHARD INDICTED.
Charged With Criminal Assault
On Two Minor Girls.

NEW YORK. February is.--Tex Rick
ard. fight promoter. today was indicted
by the supreme court grand Jury FOR
criminal assault on two. minor girls!
He declined to comment on q report
that he had resigned As president OF ths
Madison Square Garden Corporation
and that John Ringing would succeed
him.
I'm = day or two I shall issue 4
definite and authentic statement" ne
SAID. ....
Frank e. coultry. manager Of the ssf-
den. said:
Y am not Ct liberty .s TO m naMs aens sfy ~
the matter Of q change In presidents;
she fnanaxem Of the garden VIII
remai> as at present..
Evening star., 1922-02-16
MR.M ELL0N'HoLDS OFFICE
ILLEGALLY, WATSON SAYS
Georgia Senator Cites Old Law Of
1850 Relative to Carrying

Charging that Secretary Mellon is
holding office a. Secretary of the
Treasury In violation of the law,
Senator Watson OF Georgia told the
Senate yesterday that Mr.. Mellon
could be arrested for retaining his
Evening star., 1922-02-16

You Need Not Have q Cold
II ron will take LAXATIVE BROA0 QCISfSE
Tabfeta when you feel the arst symptoms Of q
C,Oid coming 0n.-Adveftisement.
Evening star., 1922-02-16
BILL FAvoRABLY REPORTED.

fsIS'k1@oND' ~, feoTunTy Ae.-Ihe
ho,tSe committee on moral and social
welfare. today reported fAvofably q
measure similar to the federal 6hsp.
The Washington times., 1922-10-15
ENGLISH Scientist Causes New Sensation
Deluge Of Applications FOlolOs His Ldtest Offer
Which Is to Beautify Any Skin il Forty Minutes
or Accept Ne Payment for His Services

M THAT woman has not read clay discovery, and
wv how ii has solved for all every complexion problem?
hou Ita good be but here your
chance to prove YOURSELF read his offer free proof
ii will be her own fauIl
Here IS young scientists 70 the who have
sought his Offices and the deuge o questions pour
guarantee reuI?" The laboratory Chicago where this
markabe clay is compounded has issued this invitation:
CALL questions, but merely make known wish
to make your own test ademaax fulszed will Be for
warded al will carry obligation. You will not be
urged to buy Ill H amazed with new sany your skim
and the full and lasting natural colorom just application
the generous Jar yours keep for only the bare Of
pounding and placing hands II NOf delighted with
results, the trial will you anything
Such of course, nothing less than
andour guarantee 70 make any beautiful Surely this
sess opportunity experience the benefits Of genuine English
complexion clay worth the effort Of 6lngout and
The Washington times., 1922-10-15
zzN:'lss:a|:gaA,

who have asked il science really can restore the
brightness and bloom ofyouth.
This Is free test. ask as evidence Of good
faith only the deposit Of 81 80 and postage which
the mailman will accept when he delivers the
jar. This is to be regarded as adeposit nothing
else, Every penny of'this small sum will be re-
turned you if you are willing to part with the
full, hve7dolar Jar sent you. If you keep il this
hrst Jar becomes your property without any fur
ther payment. Just use the coupon below.
The Washington times., 1922-10-15
Beauty While YOU Wait

TerTa-derma-lax Is an English clay, Of potent
power. is action i almost instantaneous. Spread
il and forget it Inside Of ten minutes you fairly
feel the purpi1g, purifying action in every pore.
1t Is not mere surface -stimulant; the new color
kGsH. So, take five days to convince yourself be-
yond doubt. This offer is my answer to those
The Washington times., 1922-10-15

Let me have your name and address, and my
laboratory will forward this big Jar Of freshly-
compounded Tera-derma-lax by return mail.
Promise to use it just 0ncsi Unless it brings
really beautiful skin-tcxture enamel l-smooth
and colorful--d don't keep IL
The Washington times., 1922-10-15
FREE s. JAR TT2IAI q
Derm tologicaI Laboratories,

DermatOlogcd Laboratones 32o Plymouth Court Chicago
Please send full sized JAZZ Of for FIVE day FREE
deposit so ls posagel with the in full for
il case decide g keep it the trial does delight with reu
tuii deposit g returned. 12D
4Ssyes
Hycesapeu b enclose desh
and your ar wM prepaid with
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

a9zss 5s
|414 11A l!
~ ~ 2 3
|1ek 80 n NJ -
c1nG9oto o111oo14 - = noAuf1o1
~ ~ 49, -
Wne< ~ un1tp4 tneee voaM
M ~ - = 3 oenteeqneo eofeef
|of proun5efD o. amoaeoodof1 Mhtca
would bEfng ~ ~ mont M ~
|pbAees 81 ~ Enropeen econoMtc
Situation an America would ~
'roady ~ give IT. ADVICE along with
The other governnnsntA Il viii -
recalled that when the premiers
met n London recently they reach
a ! deadlock and decided 10 post
pone their meeting until Jan. :.
with the understanding that IN the
interval informal spproaches would
be made to Ambassador Harvey to
see what the American government
vnuld suggest. II has already been
tnld from london that Ambassador
Hsrvev informed the allies that he
h.issv.S thst Xmnrica vas onrnsed
:. - s.~..;n. - ~. pwhr
~ r M -" ~. sr .crnrmaa hv
s,.u.. s go. Ms III Ia - ~, ~
,A.e.1 M,...n-as ~. ~ .ss,s. ..sa ).
,aAsG. Wua.ove1 ~ @ie -
M. Lalses was p. SI..s;.-
iMposanoe .na ,N Is.ueI a.a;ssS =
anu HecIe.Ay Hueneo e. -
cali ninn % wasnins'oA I'VE . pei
sonai conlsIenSe
W " LuloPc'
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22
MISS LETHA BOON
HEADS ERIELODGE

Especial Correspondence
Erie, Dec. 22.-The following arc
the recently elected officers for the
Rebekah lodge:
Noble grand-Miss Letha Boon.
Vice grand-Mrs. Martha Franks.
Secretary-Mrs. Ruth Klenworth.
Financial secretary-Mrs. Pearl
Daniels.
Treasurer-Mrs. Ariel Howell.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22
(Special Correspopdence. J

Especial Correapondence.)
Kewanee, Dec. Sit cost Will
liam Kregert Of Annawan and .
friend Just 1926 in the county
court of Bureau county this week
for raising a disturbance in that
county several weeks ago. Kregert
and his friend are said to have
broken up several dances held in
the village Of Yorktown about two
months ago, but the Bureau au-
thorities were unable to locate
them. The first of the week 1t was
learned they were in Sheffield so
Deputies Hopkins and Aplin went
after them and brought them to
Princeton for hearing.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

+ JS1ebt, 1115, " The Argus.)
6A1ngton, D. G.. DEC. h.
- ~ aItisd psemisrs meet y
4 ol1cA o. Jan. !, they viii IN I'll
hllity invite the United Statel
ernmant to help solve the eco.
u nc situation 0f Europe. Pos
w IN American diplomatic rep
6tltattvs may BE- summoned tt
zoend the meeting.
Hut It u becoming more and more
1Dpsrent that the initiative must
&ome from European governments
4 - the United States doesn't want
ssto be placed In the position Of as
Stunning responsibility for the exc
cufton Of its suggestions nor does
4 IS want to be forced into the posi-
tim Of having tried to dictate to
3 6rope.
Z. 8. Not Promoter.
This explains to some extent the
.vehemence OF Secretary Hughes IN
denying the story that a commits
sion OF business men were to act
with unofficial sanction Of the
American government In trying to
sfixs the amount of German indem-
& nifty. Mr.. Hughes was perturbed
today because the press reports
took his statement as the usual
J diplomatic denial. The plan to
Y have commission of American
business men cooperate in fixing
the sum that Germany can pay has
many sponsors here and business
men Of prominence are trying to
get this government and European
governments to assent to 1t but the
department OF state Is not connect
ed with the proposal either eff
! cially any more than it was with
J. +. Morgan's visit to Paris last
Jane and the meetings of the inter-
national bankers committee. 1t is
All Interested onlooker but not a
promoter of these plans.
II The truth is, the United States
government is feeling its way.
Thus far it has not done anymore
than make plain informally to the
: European governments that it
stands ready to help them with its
influence and advice whenever it
shall be sought. This in itself is a
step forward because Europe has
been iclamoring for three years for
American help and has pointed to
the number Of invitations which
have gone unaccepted.
Will Aid Europe.
What America wants Europe to
understand-~now, is that the United
States will sit in the councils of
Europe and discuss these matters.
The thought of an international
economic conference still is in the
minds Of many governments but it
may be said at this stage of the
proceedings that the United States
will not call it. There are certain
obligations imposed on the host to
lay down program and to set
forth what can be done by the ma
tion calling the conference. An
illustration of this was the naval
armament conference a year ago
when America felt compelled to an
nOunce its own sacrifice at the very
beginning. Europe would expect
the United States to announce how
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

oCoATS d SUITS
JACK FROST o'CoATs-Guaranteea ~ 3
and rain proof, blanket Aneo ""
orderl $1,000.
PUBLIC MERCHANDISING 5isaaS
Retail at wholesale Prices
RAIN COATS-Mens. women oos.
girls made TO orderj $3.50 W.
OLDE-TYME'' ALL WOOL SoCna
fort. style. value unexceileo' w.
SUITS & oCOATS-Sl5 up m.,.G
order) Fit and satisfaction suA, .IAJ
4OS PEOPLES Bk. BLDG D. .
TAKE ELEVATOR AND SAVE Ao''
Open Sat. till 9 .. m. and sun:
EMPLOYMENT
=
Help Wanted-Female
GIRL-For general houswork. NUS
reference. IA 10th st.
LADY Observation-Disclosures sna'
Dairy Lunch. 1926 Ind ~:
=------ ------- =
Help Wanted-Aaie
MAN-With wagon or truck tooSs n
tail bakery goods Inquire -Ao- I
Ave, or Phone b. l. 421o.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22
NOTICE.

/ ANNOUNCEMENT.
deaths.
I'm Memoriam.
3-Cards of Thanks.
Funeral Directors.
| 5-Funeral Flowers.
6-Cemetery Lots. Monuments.
lodge Notices.
S-Coming Events.
9-PersonalH.
1O-Lost and Found.
| AUTOMOBILEs.
A Automobile Agencies.
l1-Automobiles for Sale.
12-Auto Trucks for Sale.
13-Auto Accessories-Psrts.
14-Garage-Autos for Hire.
| 15-Motorcycles and Bicycles.
| 17-Wanted-Autom
16-Repairing Stations.
| BUSINESS SERVICE.
i1S-Business Service Offered
19-Buildings- Contracting.
20-Cleaning. Dyeing. Renovating
21-Dressmaking-
Officiating. Plumbing. Roofing.
23-Insurance.
| 24-Laundeying.
25-Moving. Trucking, Storage.
| -Painting-Papering
! acknowledgements
| 2S-Professional Services.
| 29-Repairing.
30-Tailoring.
EMPLOYMENT. 1.
32-Help Wanted-Female.
33-Help Wanted-Ma,e.
34-Help Wanted-Maie or Female.
-Canvassers-Agents.
36-Situations Wanted-Fema.e.
37-Situations Wanted-Male.
| FINANCIAL.
3S-Business Opportunities.
39-Investments. Stocks, Bonds.
40-Money to Loan.
41-Wanted-To Borrow.
INSTRUCTION.
42-Correspondence Courses.
| 43-Local destruction Glasses.
| 44-Musical Dancing. Dramatic.
45-Private Instruction.
ACCOMPLISHMENTS
+, LIVESTOCK.
47-Dogs. Cats. Pets.
! 4s-Horses. Cattle. Vehicles.
49-Pouitry and Supplies.
| O-Wanted-Livestock.
MERCHANDISE.
51-Articles for Sale.
51A-Barter and Exchange.
52-Business and Office Equipment.
53-Boats and Accessories.
54-Building Materials.
55-Farm and Dairy Products.
56-Fuel Feed. Fertilizers.
57-Good Things to Eat.
5s-Home-Ma de Things.
59-Household Goods.
60-Jewelry and Watches.
61-Machinery and Tools.
62-Musical Instruments.
62A-Radio Equipment.
63--Seeds. Plants and Flowers.
64-Specials at the Stores.
65-Wearings Apparel.
66-Wanted-To Buy.
ROOMS AND BOARD.
67-Rooms With Board
6S-Rooms without Board.
69-Rooms for Housekeeping.
70-Vacation Plans.
11-Where to Eat.
72-Where to Stop in Town.
observation-disclosures or Board
REAL ESTATE FOR RENT.
74-Apartments and Flats.
75-Business Places for Rent.
76-Farms for Rent.
77-Houses for Rent.
7S-Office and Desk Room.
79-Suburban for Rent.
80-Summer Places for Rent.
S1-Wanted-To Rent
REAL ESTATE FOR SALE.
R-Brokers in Real Estate.
S2-Business Property for Sale.
S3-Farms and Land for Sale.
S4-Houses for Sale.
S5-Lots for Sale.
S6-Resort Property for Sale.
S7-Suburban for Sale.
SS-Real Estate for Exchange.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22
Lodge Notices

AMERICAN LDGI0N-l-oss No. 200. 1ag-
ulae business meeting will b held In
0rst Tuesday each month. Al eI'
service men welcome. Walter A. Rooen.
FIELD. Commander: D. B. Bcrgoutst. Adj.
AMOO G1OTTO-E0. g. H. o. y. r. y.
\. Stated meeting held ON III hfs9
Wednesday Of each month Visiting
prophets welcome. c. VI. ThacAes.
monarch. Frank I. Patterson. sscss-
tary.
y. r. o. E.-No. ESQ. Aeetx Tho hsss
and third Mondays of each month u
Elks' club. Charles H. Bleuer. exalted
ruler: C. N. .saacson. secretary. WIT
Ing brothers always welcome. ClNb
Pooms Ut Ill 18th g.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

~ - 1loWqDoD0
ROCK INLAND. III.
QA9o0gUM AUy11Z11mo
lnesa eennsnsdlssd sd Foe1lAa1s9
nm sAsu1 1 1. sssisaz 3 srsrx,. nc,
philade3pAta, p.
An - aEe rsstxsessd y thstf psusR
e!a.1iacation and p - rsgular Argu
~ z s CLASSIFIED RATES
Daily rsss psr line fsr consecutive ~
s. a.. ............... 's * GO =
dnfee GAYS ............ 1oc 9c
V0e GAY .............. lie Ice
Advertiins ordered for irregular inssf-
no nd taken for les than bads Of twe
lines.
Count i've average Words 10 ths line.
Charged ads will b received By teIe-
phone and II paid u The Argus OAiO
within seven days from the flrst day Of
insertion cash rate viii b allowed.
Ads ordered for three or nix SdayB and
stopped before expirstion VIM oniy Be
charged for the number Of tiihes the id
appeared and adjustmeat' made q the rate
earned
Rate per line for white space IL The
same - > line Of type.
Special rates for yearly advertising upon
request.
Publishers reserve the right to edit o.
reject any classified advertising COPY.
Telephone b. /. las and ask for .
Want Ad Taker.
STANDARDIZED CLAsyufCAr1oNs.
The following classification heAdings
appear In this Newspaper In the numerical
order here given. closely allied classidca-
Tons being, grouped together.
: The individual advertisements are ar
ranged under these headings In alpha
betical order for quick reference:
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

Rock Islands Headquarters for
Christmas Candies. Young & Nc
ombs.-(Advertisement.l
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22
ANNOUNCEMENTS

Funeral Directors 1
HODGSON 4 HORAN-frvate Invalid
coach. Personal service. Free chApel
612 nth St. Phone b. I. 37l.
The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1922-12-22

FORD-Roadster or touring. late model.
Must be In excellent condition. Address
70" care Argus.
The Dawson news. (Dawson, Ga.) 1889-current, 1922-12-05
Raise More Hogs.

In the last two years, we have seen it
stated, more than Is pork packing plants
have been established in the west Some OF
these establishments have bought hogs that
were raised in the south.
Nowhere in the world can hogs be raised
with as little expense and to such perfection
as in Southwest Georgia. The farmers of this
territory should raise more hogs to help sup
ply an ever increasing demand and reap some
OF the profit there is in the live stock in
dustry.
1t has been demonstrated that corn is not
needed to finish pork. Milo, kaflr and darsc
make as good meat as corn, and at less ex-
pense The farmers of Southwest Georgia
can raise on a few acres enough grain, in
Guiding corn, to finish a large number Of
hogs. If they do not care to finish them they
can sell them to western feeders to finish
as was done by some Terrell county farmers
last year
Hogs are mortgage filters, and much more
than pay for their keep and the care giver
them
The Dawson news. (Dawson, Ga.) 1889-current, 1922-12-05
High Prices for Ten Years.

The admonition of so-called economy ex-
perts to the general public to buy now with
out waiting in the hope that prices materially
will decline is strongly supported by the
chairman Of the Harvard committee on eco
nomic research, Prof Charles J. Bullock,
who predicts that there will be no downward
trend for at least ten years. That IS long
time when measured beside the high cost of
living, and the fact is that nothing but theory
has been or can be advanced to show that
prices wiz take a downward trend at the end
Of the nexe decade Indeed, high prices
might prevail for much longer time, mas
much as untoward developments always have
the effect OF disturbing market conditions.
The Harvard committee bases its findings
on the expected gold increment, which ii
considers governs the condition. The body
predicts that the monetary stocks of gold will
be increased at the rate OF about Sl5O,0OO,-
900 annually for the next eight years, larg-
or annual increment it is explained, than
the world ever saw except during few
wears prior to the war. Before the war, the
committee continues, commodity prices were
increasing at a substantial rate with an an
rual gold increment of $232,0O0,OOO, but IL
view of this fact the lesser increment ex-
pected would prevent decline of gold prices
during the present decade.
With reference to International prices the
committee suggests that if the debts to the
United States are to be paid commodity
costs will have to be higher in the creditor
than in the debtor nation; otherwise, says
Professor Bullock, payment cannot be made
at all Financial ability throughout the
world, in the committees opinion, depends
upon the American people accepting the pres
ent price level as substantially that arounC
which the fluctuations OF the business cycle
must play during the coming decade.