davidaulloa/AmericanStories huggingface dataset:
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1922-02-16
BY
K
NORRIS

Live in your old house. eh?" ne
asked, resentfuly, as he tipped the
pages Of his program with a big thumb
and stared at it with unseeing eyes.
What does she want to live there
for?"
The fact remains that she does"
Alix persisted.
yes, and have just as good a time
as If she never had been married at
allm he said
You know"
AliX was beginning the denial that
she had given him so confidently last
night, but she interrupted herself, and
stopped short. The conviction rushed
upon her in an overwhelming wave
that she had no right to repeat that
denial now that the last dreadful TWEEN
ty-four hours had changed the whole
situation, and that she herself had
better reason to suspect Cherry than
either Martin or his gossiping aunt.
She sat sick and silent.
Meanwhile, Cherry and Peter had
their first opportunity to speak to
each other alone. To both the thirst
for speech was q burning necessity,
and it was with an almost dizzy sense
of relief that Cherry turned 20 him
with her first words.
peter, I don't dare say much. Can
yau hear meY'
"Perfectly" he answered, looking
at his folded program.
"peter, I've been thinlling-about
our plan, I meant Martin plans to go
on Monday But something has hap
pened since l saw you this morning,
something that makes a difference l
had a letter, letter from some wom-
an connecting his name with another
woman, Hatty WOods-she's notori-
Gus in Red Creek-and this Joe King
crowd that he went With don't know
wrote she said, hastily, as Peter in
terpolated a question. And | don't
care! AS far as Martin goes, l am
free now what is justice to Martin,
and kindness to Martin, will never
count with me any more!'
Peter wasted no words.
HE goes Monday" he said. 1--WE
can go Sunday This is Thursday
night. Your suitcase l checked again
yesterday? Was it only yesterday"
That's all p
1--WE would have been on the train
tonight. Cherry flying toward New
Orleans !"
Her small hand gripped his in the
darkness.
IF we only were!' he heard her
breathe.
He turned to her, so exquisite in her
distress. Her breast was rising and
falling quickly.
patience, sweetheart" he said.
Patience for only few days more !
Tomorrow I'll make the arrangements.
Sunday is only two days off,
Their eyes met in wild rush of
triumph and hope.
This time we shall do it," Peter
said.
"Oh, Peter-you'I never be sorry?"
she whispered.
"Sorryl My dearest child, when you
give your beauty and your youth to
a man almost twice your age, who has
loved you all your life-do you think
there is much chance of it?"
"Why shouldn't it be one Of the hap
py-marriages| said Cherry after a
silence.
at WILL he answered, confidently.
"As the weeks become months, and the
months become years, and the beauty
and miracle of it go on and on, we
will think that what we feel for each
other now is only the shadow-the
dream!"
Shall just let Martin think I am
quietly going away with him on Mon
day?"' she asked, after a silence in
which she was deeply thinking.
Does he know you had that let
ter?" Peter said.
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1922-02-16
1hriIlinn-

our memory goes back to the time
when our idea of fast life was to
stand on the corner and say, in full
and rather scared voice, to girls who
CHANGED TO pass, "Ah there ohio
State Jnurnal
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1922-02-16
To Whom 1t May Concern.

Adv in Vermont Paper-"If you
have any prospects, have a nice will
low carriage for sale.'-Boston Tran
script.
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1922-02-16

That night 1t was simply managed
that Martin should be next to A1ix, in
the loge at the theater and she be
gan to question him seriously at once
All through the strange, urtnatural
day that followed her night Of vigil
Judsonia weekly advance. (Judsonia, Ark.) 1???-1922, 1922-02-16

Mattresses should always wear
fetching costumes.
Mohave County miner and our mineral wealth., 1922-05-19
Better Banking Under The
 Federal ReserUe System

in the business world, but even then the machinery of banking was so cum- bersome that it often worked badly.
 In order to meet the requirements of law and to pay depositors, all banks used to keep large amounts of gold and currency on hand and most of them also kept money on deposit with other banks in the larger cities. When all went well, the money on deposit with the city banks could be with drawn in currency whenever it was wanted. But when, as sometimes hap pened, business or banking conditions were disturbed and suspicion was ia the air, the banks were anxious to in crease the amount of cash on hand lest an unusual number of depositors might want to withdraw their money. And it was at those times that the city banks were least able to furnish cash. For the available supply of currency was limited, and there was no quick way of increasing it.
 Defenses Weakest When Needed Most
 This limited supply of currency led to the panic of 1907. For, moved by apprehension, almost everyone of the twenty-four thousand banks sought, for it's own protection, to withdraw such currency as it could from other banks and pay out as little as possible to its depositors. Though emergency measures were finally taken, they were too late to prevent the coming of trouble, and the existing banking machinery fell apart into thousands of separate units. 'H
 Each bank had to trust largely to its own cash resources, because, how ever willing, the other banks felt they could not give up much of their cash, for by doing so they might impair their ability to meet the possible needs of their own customers. Each bank, in seeking to protect itself, necessarily weakened the entire banking structure The defenses were weakest when the danger was greatest.
 The result was that every few years money panic occurred, bringing dis aster and depression. These money panics from which the United States suffered, and which the organization of the Federal Reserve system now prevents, were, of course, quite differ ent from the commercial cries from which every country occasionally suf- fers.
 Under the Federal Reserve System
 Under the Federal Reserve system there is a quick, certain, automatic way by which the banks that are mem- bers of the system help one another, in good times and bad. This is inn
Mohave County miner and our mineral wealth., 1922-05-19

We all know in general way what the Federal Reserve System has done for the country but the minds of some of us are little hazy as to all of the details. The following state ment sent out by the First National Bank of Los Angeles deserves copy ing in full.
 The Strength of Organization
 It is usually better to work with other people than to work alone. We have clubs, associations, societies for the purpose of multiplying the strength or effectiveness or resources of the individual members. A regi- ment is stronger than the strength of all the men who make it up. An army is stronger than mob.
 What a Bank Does
 Just so with money. Men work and save, and deposit in banks their sav- ings or the ready money needed for business. In every bank there are many deposits, none of which may be large in itself; but taken together they become much more useful than if they had been kept separately. Taken together they enable bank to lend its customers the money they need for carrying on their business. Thus the money of many individuals serves the business needs of city and town and the farming needs of the country. What the Federal Reserve Bank Does
 A Federal Reserve Bank does for banks almost exactly what banks do for their customers. It receives mon- ey on deposit from such banks as have become members of the Federal Re- serve system, and lends to them. All National banks are members of the Federal Reserve system, and many State banks and trust companies have become members also. Every member bank is obliged by law to keep with its Federal Reserve Bank an amount of money which bears a certain pro- portion to the deposits it has receiv- ed from it's customers. This is call ed a "reserve", and as the Federal Reserve Banks keep the reserves of their members they are called "Re- serve" Banks. At times, member banks borrow from their Federal Re serve Bank just as individuals borrow from their own bank. Individuals can not deposit money with Federal Re- serve Bank, or borrow from it; their relation with it is through the mem- Der banks.
 Before the Federal Reserve System
 Before the Federal Reserve system was in operation, each individual bank stood virtually alone. This was safe enough as long as things went we'll
Mohave County miner and our mineral wealth., 1922-05-19

Later, when the grocer's note falls due, the Federal Reserve Bank sends it back to Austin member bank and re- ceives payment. The Austin bank in turn receives payment from the grocer and gives him back his note. Thus the circle is completed. Mean while, the grocer has been able to carry on his business, and the Austin member bank, with the money it bor- rowed from the Federal Reserve Bank, has been able to make more loans to its customers than if it had had no reservoir to draw upon
 Continued On Page 12)
Mohave County miner and our mineral wealth., 1922-05-19

formly to all member banks in it's dis trict, and is often quite different from the rate the member bank charges its own customers. The rate a member bank charges it's customers is deter mined, subject to State law, largely by local business conditions and local banking custom. The rate a Federal Reserve Bank charges its member banks is determined, from time to time, largely by the amount of credit making power it has in it's reservoir, and also, to some extent, by credit con- ditions generally turnout the United States.
Mohave County miner and our mineral wealth., 1922-05-19
The Grocer of Austin, Texas

A grocer in Austin, Texas, wishes to buy fifty barrels of flour. He has not enough money in the bank with which 1, to pay for it so he asks his local Austin bank for loan. This is the first step just referred to.
 The Austin bank, satisfied with the grocer's credit, makes him a ninety day loan on his note. The grocer buys the flour, and proceeds to sell it barrel by barrel to his customers. As his customers pay their bills, the gro- Ger accumulates money with which to pay off his note.
 When a Bank Borrows
 In ordinary times and in slack sea- sons, banks own resources are suf- ficient for it's customers needs. But perhaps the Austin bank, which is a member of the Federal Reserve system is asked to make the loan to the gro- cer at time when many people are asking for loans to carry on their busi- ness. Or perhaps its depositors for one reason or another are having to draw down their deposits. If the Aus tin bank is to continue to lend money and pay it's depositors, it in turn will have to borrow. &-
 Before the Federal Reserve system was in operation, the Austin bank would have had to ask for loan from some larger bank with which it had an account. Ordinarily the loan could be obtained. But if money happened to be scarce, the larger bank might be compelled to refuse to lend, because its own resources were running be- low what it might need to meet all the demands of the customers.
 Now, however, as a member of the Federal Reserve system, the Austin bank is in quite different position. It has a bank of its own, the Federal Reserve Bank of Dallas, to which it goes as matter of right given it by law. It sends to the Federal Re serve Bank of Dallas the grocer's note and other notes upon which it has already made loans. With these as security, the Austin bank asks the Federal Reserve Bank for a loan.
 This is the second step in drawing upon the reservoir of credit, and fol- lows the first step which the indi- vidual took when he borrowed from his bank. Both steps must be taken before the Federal Reserve Bank lends dollar.
 Into the Channels of the Federal
 Reserve Banks
 The Dallas Federal Reserve Bank examines the notes to see whether they are sound and acceptable, and of the kind the law permits it to lend upon. Being satisfied, it makes the loan to the Austin member bank. This is called "'rediscounting"; and the rate of interest the Federal Reserve. Bank charges is called the discount rate. This is a published rate, applying uni
Mohave County miner and our mineral wealth., 1922-05-19

portant to every business man, every farmer, every working man, every citi- zen. It is the result of organization the kind of organization that makes a system of reservoirs in community better than many separate wells. It is appropriate to think of the Federal Reserve system as exactly that-a system of reservoirs. There are twelve of these reservoirs, the Federal Reserve Banks of Boston, New York, Philadelphia, Cleveland, Rich mond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas and San Francisco-eachs serving the needs of the member banks in its own Fed eral Reserve district. In each of these reservoirs credit is stored up, and from 1t, as the need arises, credit is supplied to the member banks and thru them to their customers, includ- ing not only business men and farm CTS, but other banks as well. The process is much like the storing up of water in a city reservoir, from which it is supplied to houses and ther oc- cupants.
 A Reservoir of Credit
 It may be thought strange that such a thing as credit, which in this sense is the power to make loans, can be stored up. But the fact is, a great deal of it is stored up in the Federal Reserve Reservoirs. For, as we have seen, the member banks deposit in the Federal Reserve Banks most of the gold they formerly kept in their own vaults and some of the money they used to keep on deposit with other banks. And it is the gold which Fed eral Banks acquire in this and other ways that gives them the ability to make loans and issue currency.
 The provisions of the law are such that the Federal Reserve Banks can make loans to an amount between two and three times as much as the gold they have. So, having a supply of gold in storage, they have lending power in storage also. AS this lend ing power is used, the level in the reservoirs falls. In 1920 the reser- voirs ran very low, because the farm CTS and business men made unusually heavy demands upon them at time when they had already been drawn down by the war needs of the Gov ernment.
 The supply of water in reservoir becomes useful when it is distributed thru the watermains. The supply of credit in Federal Reserve reservoir becomes useful when it is distributed thru the membe rbanks. But just as it is the individual and not the res ervoir that draws the water, so it is the business man or the farmer who takes the first step which may result in drawing upon the reservoir of cred 1t.
 For example.
The New York herald., 1922-12-26

Saturday and the day gangs OF Sunday
and Monday the coal cars were drilled
out and some of them added to every
freight train that left the yards. In
some instances the larger portion Of
trains was made up of coal cars.
The coal was shipped principally to
south shore villages and communities,
some of il going as far as Montauk
Point. Dealers In the Richmond Hill.
Jamaica. Flushing and Whitestone sec
tions also received the most liberal sup
plies they have obtained in some time.
The number Of new houses and the
unsatisfactory results in the use of sub
stitute fuels have brought the Wake
field AID Wiliiamsbridge sections Of The
Bronx to a point of hardship. Hun
dreds Of families. many with small chill
dren. are without coai. Many of the
houses recently completed have damp
plaster walls. and hsas IS absolutely
necessary to dry these walls quickly.
Coal dealers are unable to obtain their
supply. and those who are receiving any
coal to speak of release IL at once.
Frederick Schwier. a coal dealer In the
Willamsbridge lection, stated that he Is
r. ceiving only 10 per cent of his no; NAL
The New York herald., 1922-12-26
'RUNA WAY CHINESE MAIDEN
FOUND AND WEDDING is ON
Mott Street Awaits Fugitive Bride-to-Be and China
town Will Feast for Week After Ceremony
Scheduled for To-day

chinatowns -four hundred" are wear
ing their choicest silks and brightest
smiles to-day. George Mum Lees rum
away bride-to-be has been found and
will arrive to-day. Almost Immediately
the son of Mott streets merchant prince
will wed the little bobbed haired WASH
ingtcn maiden In accordance with the
ancient Chinese custom and Chinatown
will feast for week thereafter. The
greatest social catastrophe in the history
of Mott street has been averted.
Yesterday morning was marked by
leaden hours for George Mum Lee.
Those were hours he had planned to be
the beginning of an. Oriental honey
moon. At noon a telephone call put a
throb OF hope in his heart and the hope
came true. Little Mildred Wenn his
flancee, had been found, although It
was not made clear just how. and she
was coming with her parents this morn
Ing to be married as quickly as possible
The sun shone brightly all afternoon
for George Mum Lee.
The New York herald., 1922-12-26

Little Miss Wenn. daughter OF a
Washington restaurant owner. disap-
peared last Friday night with purse
of money and jewels in her possession.
Her father Wing Lee Wenn. asked the
police 70 aid in the search for the miss
OF 10. and an uncle offered $500 re-
ward for information which might lead
to her discovery. II was feared she had
been robbed or had eloped with an
American.
The first thing to be done upon the
arrival OF Mildred Wenn will be to go
straight to the marriage license bu-
reau. The second will be the solemniz-
ing of the wedding ceremony at 81
Mott street. 1t will be after the ancient
Chinese custom; the groom will re-
ceive the bride at the door OF his home.
he will lead her into the parlor and
there she will pour tea for all the guests.
Then they are man and wife.
In a day or two the American we'd
ding will be held in the headquarters
of the Chinese Merchants Association at
Al Mott street.
The New York herald., 1922-12-26

tematic distribution OF coal were sug-
gested by Mr.. Sweeney as remedies
for the fuel shortage.
There are families in Brooklyn" he
declared, with four or five tons of coal
in the cellar. while their neighbors have
boarding and reach an equitable basis
o; distribution. We have sent letter
to Mr.. Woodin suggesting that all coal
sent to Brooklyn dealers be inventoried
and every shipment be recorded from
source to destination. These records
should be periodically inspected and pc
riodical police surveys of Brooklyn coal
cellars should be made to insure
proper distribution.
THE names and addresses of persons
having 2 surplus of coal should be re-
corded and these persons made to dis
tribute the surplus when and If the
shortage becomes acute. Peddlers
should not be allowed TO sell coai in
more than 100 pound ,ots."
Eugene Thompson, secretary of the
Allied Civics Coal Committee. will con-
fer with Loring NJ. Black, Jr.,g Repre-
sentative-elect, at Mr.. Blacks Office. AZ
broadway. Manhattan. to-day to discuss
ways and means OF obtaining a more
adequate supply for Brooklyn and also
TO discuss methods of ousting Mr.. Dr,m-
mond. According to Mr.. Thompson Mr.
Drummond not only is secretary OF the
Brooklyn Coal Exchange but also is
dire ctor of the Commonwealth Coal
Company.
Mr.. Thompson alleges there is a con-
spiracy among coal dealers to shift
coal away from ooklyn to points West
where higher prices may be obtained
Recently. he says, attention was called
to 155 carloads of anthracite, d total of
1000 tons. on the tracks of the Long
Island Railroad at Avenue J. and Sleeps
head Bay.
II don't know who got this coal after
it was publicly noticed" said Mr.
Thompson land | would like to know
who're II has gone"
are richer by more than 1880 tons of
anthracite coal in stove. nut and pea
sizes as the result Of the two days holi-
day. The letup in the operation OF the
big industrial plants in the Long Island
City and Queens districts relieved the
Long Island Railroad freight handlers
from the necessity of giving preference
to the movement OF merchandise and
factory supplies and allowed them to
give their attention to cars loaded with
coal.
There were more than 250 such cars
in the vicinity of the Long Island City
freight yards on Saturday night With
the starting to work of the night gangs
The New York herald., 1922-12-26
Survey of All Cellars De-
manded by Chairman AL
leging Favoritism.
THE BRONX BADLY OFF
New Houses With Damp Plas-
ter Without Fuel to Dry
Them Out.

The Allied Civic Coal Committee OF
BROOKLYN announced yesterday that it
will call on William H. Wcolin, State
Fuel Administrator, to demand the
resignation of Samuel ]. Drummond,
Deputy Fuel Administrator for Brook
lyn, because of Mr. Drummoud's affili-
alton with the coal companies He is
president of the Brooklyn Coal Ex-
change.
Daniel ]. Sweeney, chairman of the
committee, declared that it represents
twenty-five or thirty civic organiza-
tons of Brooklyn and that its posi-
ton is that Mr.. Drummond cannot
justly fulfill his duties to citizens of
that borough because of his connec-
ton with the coal selling interests.
A police survey of. the coal cellars
In Brooklyn homes and more sys-
The New York herald., 1922-12-26
"UNCLE ROBERT" ENTERTAINs

LONG BRANCH. n. j., Dec. 25.-Uncle
Roberts seventh annual Christmas party
to-day to the poor children of Long
Branch broke all records. The line COW
cred two blocks. and 1t took two
hours to make the distribution of nit
tens, stockings, dollies, bats and balls
toys, candles, &c. special force of
police and Boy Scouts kept the street
clear Scores of motor parties stopped
to see the party. There was an or
chestra and a Santa Claus to enliven the
occasion. The gifts were distributed In
the garage of the Spero Homestead. 457
Broadway. where a huge Christmas tree
had been put up.
The New York herald., 1922-12-26

supply. Hundreds of orders which were
received last spring are still untitled
The Fuel Administrator states that
the situation can be relieved somewhat
II the local dealers buy from the inde-
pendent operators. but it appears that
the independent operators are demand
ing a dollar more on the ton than the
other operators, and II bought at this
rate the local dealers would have to sell
their coal at loss.
The New York herald., 1922-12-26
Regularly 100 to 1850

We have taken from regular stock all of the slippers
included in this sale. There models of imported Bro
cades in beautiful colorngs, and combination effects with
gold and silver vamps and backs of Persian or other Or
entail Metal Cloth limited number of all over Brocaded
Silver Gold Cloth; Bronze Kid and novel effects in
Black Satin, Suede and kdskin. Beaded in Jet Steel
(Second FIoor1
The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1922-12-21

brother. Charlie Who is in the hos
pital i'll with double pneumonia.
Harmony high went to lIariland
last Wednesday night to play basket
bali with IIartland \. \.
G. +. Hanson lost one Of his work
horses from collie list Thursday.
John Engellong of North Arson WAS
in town from kingsbnry. where he Is
making shovel handles for Peaks
from Dover.
Mr.. and Mrs. Selden Poland and
Bertha Snowman from Athens visited
Mrs. Ivan Lombard over the week
end.
Mr.. and Mrs. r. H. Reed have re-
land.
Mrs Rowland Was in Pittsfeld one
day last week.
Several from here attended the
State Grange in Bangor last week.
The Methodist ladies' held their fail
and sale with chicken pie supper
and play in the evening from which
they cleared ahont S135.
Howard Hayden of Cornville was
in town for the week end.
Perry Kelley made trip to Center
Vile, ~ b. last week.
Miss Nellie Deekerson is in tow1
visiting her mother. Mrs. Nina Kim
ball.
Mr.. and Mrs. Sumner Mitchell hay,
been entertaining company from Gull.
ford.
Floyd Donahue has been in Lewis
ton visiting his sister Mrs. John Lin
enhan
To the people of Harmony-IIoW dc
you expect 10 put your town on TIN
map if you never give your CORES
popdcnt any of Your news to haH'
written, so That the outside worlt
will know what Harmony is doing
Come on, each and every one hell
boost Harmony.