The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-10-16
nx FREpERIcrl ). HAskIN

WASHINGTON, D. c., Oct 10
The United States has more periodical
literature than any country in the
world and if man sought to keep up
with its full volume he could spend
his entire time on nothing else and
still be far behind. No one can hope
to be familiar with all the publications
issued periodically in this country but
perhaps the least known group, so far
as the general magazine reading pub
lie is concerned, is composed OF pub
locations of the highest quality.
This group Is composed of the
monthly bulletins issued by the great
banking institutions of the country.
Business men and bakers who ara
close studets of current events ana
take every precaution to be informed
are familiar with these publications.
but they almost entirely escape the
notice of the general public. They are
not advertised and they are not dis
played on newsstands. Yet some of
the best literary talent in the couE-
try is gagged in their preparation and
they are given away free.
A few of the banks restrict their
lists to customers and depositors but,
as a cereal rule, any person may be
placed on the mailing list to receive
these bulletins without charge.
One of the longest established and
best of these publications is the month
ly bulletin of the National City Bank
of New York. 1t usually is a publt-
cation of about Is pages, all of which
is text as no advertisements are car
ried. This publication is edited by
n pnhopTS XriPn nrpGi6nnt of
the bank. Mr.. Roberts formerly was
Director of the Mint and has for many
years occupied an enviable position as
economist and commentator on bust
ness, social and political affairs. Mr.
Roberts salary probably is greater
than that of any magazine editor in
the country, not excluding the great
nationally known monthlies. Were he
not connected with the bank and fol-
lowed the vocation of writing for the
general press, his articles would be in
great demand and his name would be
advertised on many covers. As 1t Is,
his talents are devoted 10 the modestly
conducted but immensely valuable
periodical which the public never sees
because it does not take the trouble
to ask the National City Bank 10 be
put Oh the IldIA1ItS ISL.
Take the current issue of this pub
lication as a typical example. 1t con-
tains carefully written discussions un
Ger the following topics: general
business conditions; industrial con
ditions. clothes and shoes, building
operations, the agricultural situation,
the foreign demand Tor American pro-
ducts, corn and livestock, the cotton
crop, trade conditions, the shortage
of unsl1illed labor, immigration and its
effects upon the farming population,
profits Of industry. foreign competi-
ton, money and banking, condition
of the bond market, initiation of the
currency, prices, wages and the cost
of living. scarcity of currency in Ger
many, the Federal Reserve System,
labor banks, personal incomes, the
new tariff.
Farmer Works
Night and Day.
The publication is by no means de-
void of human interest. On the con-
trary it is full of it. 1t tells such sto-
ries as that of the Russian farmer in
North Dakota who. single handed, cul-
tiyated 400 acres of land, in the har-
vesting season working all night on
moon light nights as well as all day.
II tells of the western farmer who
/ with his two boys, one IL and the other
II or IS years of age. raised 1900
sheep and cultivated q 500 aero farm
In addition without assistance,
AZ the ether end OF the ecuntry the
Mercantile Trust Company OF San
| Francisco publishes 9 nionthly review.