davidaulloa/AmericanStories huggingface dataset:
The Birmingham age-herald., 1923-02-01
ENGLAND ACCEPTS AMERICAS TERMS DEBT SETTLEMENT
War Obligations TotaIIing Nearly Five Billion to Be Settled in Payments Over
 62-Year-Period
Continued From Page one)

of the American commission tom6r- row or Friday. The meeting, 1t was said, would be held tomorrow if a further report promised on details of the agreement was received from Mr. Harvey. If further negotiations are necessary, they will be conducted with Sir Auckland Geddes, the Brit ish ambassador, acting for his gov ernment.
 Members of the American commis- sion appeared today to be divided as to the procedure to be followed in submitting the question Of ratifiea- ton of the agreement to Congress. Some of them, including Secretary Mellon who is chairman, and Senator Shoot, republican of Utah, and rep resentative Burton, republican of Ohio, were represented as urging im- mediate changes in the law brCaden- ing the commissions power SO that it coul1 complete the settlement.
 It was understood, however, that the president favored action by Con- gress on a resolution by which Con gress could vote either to accept or reject the settlement. most of the provisions of which are outside the present foreign debt funding act.
 G2 Years of Payment
 The American suggestions called for final payment of the nearly s5, 600, ,O00,0 900 debt in 62 years with in- terest rates of per cent for the first 10 years and 31a per cent thereafter, and an amortization rate of Cne-half of one per cent of the principal an- nually. The law prescribes an inter- est rate of A per cent and payment in % years, and congressional action of some kind, therefore. would be necessary before the settlement could become operative.
 Senator Shoot and Mir. Burton were understood today to have begun the preparation of a bill to give the com mission the authority deemed neces- sary with the expectation of present. ing it early next week. Private state ments from many democratic leaders. however, indicated that they would oppose changes in the law at this time, but their views seemed to be that they would not oppose accep- tance of the British agreement.
 President Harding's views already have been communicated to Senator Shoot and MT. Burton and to some other members of the commission and any divergence in official views is expected to be quickly adjusted unless the British acceptance carries qualifications that causes more diffl- culty than is anticipated.
 Members of the commission to- night emphasized the need for get ting something done at this session of Congress which will terminate March 5. In this connection, the official view appeared to be that in reaching an agreement with this country's s principal debtor nation q long step had been taken toward establishing a basis from which to work with the other debtor natie ns.
 Guide For Others
 The British settlement, it was said. probably would serve as a guiding line for both the United States and Great Britain in treating with their common debtor nations.
 The British debt as of last May 15 aggregated s4,074,S1s,S5s principal and $6l1,044,2o1 interest. Since that
The Birmingham age-herald., 1923-02-01
NEW BUILDING COMPLETE

w. T. Warren, architect, and Smallman & Brice, contractors for the new library, visited the college yesterday to inspect the new build- ing which is now practically com plete and will be turned over to the college during this week. All who have inspected this building pro- nounee it one of the prettiest build ings in Alabama.
The Birmingham age-herald., 1923-02-01
ines Campaign of Aggressiue Ac
600 MINERS ENTOMBED
 FOLLOWING BIG BLAST

BERLIN, Jan. 31.-(By Associated Press.)-Six hundred miners are en- tombed in the Heinitz mine at Ecu then. Polish silesia, in consequence of an explosion of firedamp today.
 Of the 800 men. constituting the morning shift, who went into the mine shortly before the explosion, only 200 had been secured late today. Of these, so injured were taken to hospitals.
 The bodies of S5 dead had been brought to the surface when the dis patch from Beuthen was filed.
 interest charges accruing subsequent .ly. although the total Of these charges has never been made public.
 Attention was called to the fact that the $611 100000 or more of inter- est was assessed at , per cent while the terms of the tentative settlement, unless changed, by the British accep- tance provide for rate of "A per cent interest over the period from which the loans were made tC the date of the settlement. The figure on the amount of accrued interest as a result will be somewhat reduced.
 Treasury statisticians unofficlally computed the total figures at more than s10,00O, ,000, O0s which Great Britain will have paid at the end of the e2 years period, if the rates made public are contained in the final ap- proval by the British cabinet. They explained, however. that the right which Great Britain reserves te re- tire such portions of the debt at such times as her financial position per mits, obviously will reduce the amount of interest which that coun- try will pay, as it is expected that as conditians approach normal the British so~. ernment will retire the debt mere rapidly than the terms of the settlement might indicate. Such action can be taken, it was explained, merely by the purchase by Great Britain of her internal bonds which the plans contemplate will be de- posted with the treasury.
The Birmingham age-herald., 1923-02-01
It's For Piles
 Peterson's Ointment

Hundreds of people have told me-" says Peterson, "that Peter sons Ointment is the quickest and best remedy for piles in the world. !" For chafing, eczema, old sores and sore feet. All druggists 35c, 60c, S1.00, $2.50, $5.00.-Adv.
The Birmingham age-herald., 1923-02-01
VISITS ExCHANGEITEs

Herald M. Harter national secre- tary cf the Exchange clubs, visited Montevallo yesterday and delivered an instructive address to the Ex- change club at the luncheon hour.
The Birmingham age-herald., 1923-02-01
NEW PASTOR COMING

The Baptist church of Montevallo is having the church recovered and the pastorium completely renovated preparatory to the coming of the new pastor Rev J. Renfro Curry, now of Wetumpka.
The Birmingham age-herald., 1923-02-01
Dyspeptics!
 Take Notice!!!
The Word Has Gone Forth That Stuart's Dyspepsia Tablets Rein-
 state You At the Banquets.

All you gassy, sour stomachs who fear to eat because from acidity you suffer the bangs of indigestion. let it
The Birmingham age-herald., 1923-02-01

Ne known that you find relief from sich distress by simply chewing one
 two Stuart's Dyspepsia Tablets after meals. A host of people have seae back to fried eggs and bacon. as-ass ge, dopghnuts. baked beans, pie and cseese} steak and onions. cucum- herei a-eem with coffee and so on beeanse they discovered that after 'eatapg sch things. a Stuart's Dys- peeeAs aolet gave the stomach sY eefetaf alkaline effect and there WAS nos rr, acid, gassy heartburn, oeleHtnEs pr ssure and such distres- ses Hiie Ao digestion after eating. l " wei to ke notice of this and to Net e eeRt box of Stuart's Dys- nehalp Tshlas any drug store. Be 8ssed ans are pared for the big din neia Rud ARna aeta.7--Adv.
The Birmingham age-herald., 1923-02-01
PYORRHEA

Be convinced. Start using RIGGs'-o- DEAN, the liquid massage for Pyorrhea- The preparation that thousands of dentists prescribe and many thousands of patients use. RIGGS -0-DEAN will show results. Take no substitutes. Your druggist or di- rect S1.0O.
 RIGGS.O-DEAN CO.,, INC.
 HIS Fullerton Ave,
 Chicago, III.
The Birmingham age-herald., 1923-02-01
Guide For Others

The British settlement, it was said. probably would serve as guiding line for both the United States and Great Britain in treating with their common debtor nations.
 The British debt as of last May 15 aggregated s4,o74.S1s,S5s principal and $6l1,044,201 interest. Since that time s1OO,OOO,ooo has been paid on the
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

Mr.. and Mrs. Will Kemnitz and
family were Christmas guests at Ben
Larsen's, Tuesday.
Practically every farmer in this
community have their bountiful corr
crop cribbed and their stock in the
fields.
Mrs. Lee Anderson and little Myr-
Tie called on Mrs. Ben Larsen, Mrs.
Rittel and Mrs. Oliver Larsen, last
Sunday.
Mrs. I.f Flaherty and the twins,
Donald and Ell lie spent a pleasant
afternoon enc day last week visiting
Mrs. VIII Kemnitz.
Mr.. and Mrs. Jake Rittel were
Christmas shoppers in Wood, Monday,
They were also dinner guests OF Mr.,
and Mrs. Albert Joneschiet,
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

Mr. Honsernan Was II ON neigh
bcrhocd, Monday
John Steiner was in White River
nc day last week.
Chas. Kinball il doing considerable
freighting nowadays
H. Jams vas a White River shopper,
20 were Dir. aud Mrs. Paleek.
Harry Atwood was secn in Murdo
with Mr. KimbaIl, last week.
Mesrs. GilIen are still picking corn,
having hired help and working Sun,
days.
Mr.. and Mr.. J.. Paleck and family
were Christmas dinner guests at Frank
Barcal's.
Mr.. and Mrs. John Smith and
daughter, Sophia, were doing theil
Christuas shopping at White River
last week. -t4M
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28
THINGS TO THINK ABOUT

TL01r1ttul students d affairs WI
cree with former Senator Beye1l2
that CO. lumen1 supe-v-2.l q an
interference with human L-e and act
.viries IL tie United States bid IAN
10 break down or entire experience
Il popular set-rule.
Bureaus. commissions. boards. com
mittees. independent OF the forty-touI
regular Government bureaus Wit.
their numerous divisions. and the a.
sumytions by Congress OF the right Il
7er-la-e and control ID bodies and
gur morals are bringing the country
swiftly 10 III economic crisis.
Il II al well enough 10 proclaim al,
practice III eievlrInc optimism whlc
REFUSES II seq anything but SUI lin
I Inc ng-loull SKIES, bat decay as We
ae ute Is L prouuct Of sunshine; COZ
ruptlar leaps responsive 10 tie chem
lcul aetluu q neat So, under til,
superficial glamour o. an Ungustlue
laI1h IL the saving ~Immutabllty Of re
rerac trnd1lcng. and III the mistake
behst thHt human nature has been rC
dae1nsd the gptIrulst well may assis
The coming Of the calamity be refuse
10 ADMIT exists.
Armies OF ohee-1i lders, useless b
cans, psternaliste and socialistic ten
Seneies tolneutee and encouraged Il
0ur hlghest halls OF legislation, intol-
eranee daily growing holder III It's sin
lster inii7pnec To east us bacE IN t
bel-boiling OF the Middle Ages, in
dnstrial blindness, illegitimate cast
d tinefions. al 90 %s'itute iumaro.e
for az inevitable social volcanic erup.
ton that viii destroy the fabric OF
democracy unless this people awaken
20 q realization OF the cancerous in
vasions now affecting the confused
life OF the nation.
1t is costing this government nine
billions of dollars a year for eX-
penses, an amount, according to Mr.
Rcyerdge, about equalt to all the goio
IN the world. And it is estimated
that this means that the average an
nual taxes for every man, woman and
child in the United Statess are in ex.
cess of ninety dollars, or for a fam.
lily of five persons four hundred anC
fifty dollars.
No wonder the Secretary Of TIN,
Treasury cries warning to the country
and especially to those opportunisI
legislators in Congress who would still
further increase this monumental bur
den.
Eternal vigilance is the price oil
liberty, but his people seems to b.
strangely somnolcnt in face Of condi
tions which threaten, as Mr.. Beveridg'
points out, to our entire experiment in
popular rule.-Cincinnati Enquirer.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

Once moro we hang up a new calendar. IN Cd year dies and q
\ w year is born. I'll S invoice time.
1t is time to measure profit and loss, failure and success. All
c eek up accounts. What has been gained or lost in the material
things Of the world Have we enriched or impoverished our spirit
ual resources? What ever we have done with the closing year is
done. None of US can rewrite the story. But a new chance is
given to ell 10 make the story ofthe new year what they Will.
We lue n a country that was built upon the principle that sill
mon are created equal. The dYspeptic mind has been disposed to
repudiate that doctrine, contending that education and opportunity
are after all for the privileged class. However this may seem, the
n ,kers of our government denied no man the right 10 initiative and
en-: husiasm. Whoever shall use these tools al pick his way into
any privileged class if there be such.
Begin the New Year by warming up to an idea or an ideal. Light
t he wick of enthusiasm.
Emerson says that enthusiasm is the passing from the human
t, the divine. The Greek word for enthusiasm signifies God within
us.
Go to it. Let our resolves be Do rather than don't. The ful.
flment of re solutions will save disappointment, regret and remorse.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

Kermit Satree of Runningville spent
the weekend with his friend, Ozro
Wilson, and also attended the Chust-
mas program at the Anderson school
Mss MAY Surhaugl IS spending hl
Chris mas vacation at ho.Ie IA Iowa
Mr.. Hickman ok her 10 Nlnher IL
lis Gew Ford. Harry Larsen ace'mpa
MED them 20 Wit,en.
Elar Broder>ou, who has for soml
time been employed nj Mr.. Hickman ;,
and later, Mr.. Petera's, departed Iol
Winner, last Monday, where lie eN
poets TO spend the winter.
Although we've gotten word ,.at
blizzard j, scheduled 70 have arrived
here Christmas day, we've Glad 10 say
our weather is tine as ever, and We
eel thankful 10 Old Man Winter on
being 50 cousldcrate NJ this .aac @.
the ycsr.
Abe! Pnt, called on Dad Larsen
last Thursday ana sold HIM 2 roa. good
dog. Larsen have had tie nl~tor
tune ,o lose both their dos, d :
valuable bird do with do dlst.m}er
or an epidemic OF some sort which !
prevalent in this vicinity.
&c, tr,l 0. the farmers her are feed
NJ eal,e e or stock cattle. Among
hem are Marry Larsen. Lee Amber
son. Ice FlAAc,ty, koskan and Haver-
croft. Most OF tie cattle Were in tine
| condition when taken of the pastures
and arc now doing exceptionally wei
Cnee more the people Of our com
muni;y had the pleasure Of Gat.elAs
At tie Anderson school "a ENJOY .
lhr.>,mas program and tree, last I'm
day afternoon. Although tile program
was no, - Ing g previously It wa
| beautifully rendered EVERYONE wAo
was present .anks Miss Surba0-A
After the program Mrs Oliver Lar
sen was 81 overnight guest OF Mr..
and Mrs. Kermit Mrs he~-aI
brouct1 her home. Saturday and spen.
the remainder Of the day visiting
here
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28
SOUTH CODY ITEMS

Mr.. and Mrs. Cody Snling wcr.
hopping in Murdo, Saturday after
loon.
Quite a number are taking home
christmas trees from the Bad Lands
vest OF Cody.
The Simpkins and Shining families
isited at Koeppen's. Sunday evening,
december 16.
The Paleck school had their Christ
a exercises Friday night and Santas
.lothes caught fire and he was quite
criously burned.
Recil Hamilton, Ralph Simpkins,
hrs. Simpkins and Mrs. Swan took
upper with Mr.. and Mrs. Koeppen,
Monday evening.
Cecil Hamilton has a new radio in
stalled which he is enjoying these
days. He is also having lots of com
any to listen in.
The Cody school closed Friday foi
+, two-weeks' vacation and Miss Ken
Lie went to her home near Burke to
pend the vacation.
On account of the new mail rout'
nut of White River. there has beer
no mail delivered at the Cody post
Office since December Is, and the pos
office supplies have been turned over
to the post office department.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

The Great Solution
Our banks are managed by officers
and directors. elected by their own
stockholders. They are interested in
helping the town to grow and prosper
but just as a local telephone station
Is valuable to the interchange o
thought because 1t belongs to 6
system whose wires reach to all parts
OF the nation, SO the local bank is
valuable to the interchange of bust
ness because OF +es connections with
other banks in the United States
finding its strength and its usefulness
in being part of a system.
For many years a plan was sought
whereby our thousands OF separate
and Independent banks could get to.
gether and cooperate for the improve.
ment OF our banking methods, and for
mutual protection in emergencies.
both for themselves and customers.
We had periodical money panics. dan.
gerously disturbing to business, and
chargeable, in large part. to defects
In our banking and currency system.
There was no central bank from
which the individual banks could get
assistance In time OF trouble. Panic
conditions caused weak banks to fail,
and even strong and sound institutions
TO be imperilled. Bankers, business
men, and leaders In Congress for
years made a careful. study Of banking
and finally Congress passed a law
providing for the establishment OF
twelve great Federal Reserve Banks,
each designed. TO serve as q sort Of
central bank for such banks In its
allotted territory as might become
members of the Federal Reserve
System.
n retained the American plan Of
independent banks doing business un.
der the management Of their own dt.
rectors and officers. About 10. 900
banks have become members Of the
Federal Reserve System. The mem.
Der banks In each district own the
entire stock OF the Federal Reserve
bank there. and elect two thirds OF
the directors. The other directors are
appointed by the Federal Reserve
Board at Washington. the Govern.
mental body having supervision over
the Reserve banks, though II does
not operate them. Its members
are appointed by the President OF the
United States. y
The Federal Reserve banks hold
member banks reserves. Formerly
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

each bank carried In It's own vault
the cash required by law as q legal
reserve so that It would be ready t.
pay depositors on demand. The gold
supply Of the country was thus scat.
cred among thousands OF Independent
banks.
When Fire RACES
This situation may be likened 10
the old.time water supply In . town.
Each house had to depend on its in.
dividual we'll. tank. OF cistern. Pic
ture such a town attacked by IRE. II
the water vas low In one well. from
drought, or excessive use. water
would have to be borrowed from .
n%eighboring we'll. Suppose the water
IN that well also was at . low level.
Thus the safety Of all was sacrificed
because no RESERVE water supply
was at hand. The fire would become
a co~nfagration.
Under the Federal Reserve System.
we have a series Of modern reservoirs.
located In various parts Of the u
try. each serving the needs Of the
banks In It's " district. In each Of
these reservoirs credit 10 stored up TO
be supplied to the various banks. 90
the need arises. Each reservoir n
In turn connected with all the others
so that when the supply In one BE-
comes low. the others may be tenn.
porarily drawn uron. By gathering
the gold reserves Of the member
banks into the twelve Federal Re-
serve banks. q result has been oh.
tanned like that yielded BY the CON
struction Of q great city water supply.
Each member bank formerly had to
depend almost entirely upon It's own
resources in making loans to it, Gus.
toners. When II had loaned oil Of It,
W money. 1t could do no more. sven
though the merchant. manufacturer.
or farmer customer had great need
Of more credit. and was seeking Il
for highly important and necessary
purposes. Hence arose what was
called a slight money" situation. Nav
the member bank can. and frequently
does take the notes Of its customers
to the Federal Reserve bank. and
borrows there In much the same way
as the customer borrows from the
member bank.
This reserye-storing and loaning
work OF the Reserve System n only
part OF the wonderful protection and
service It II rendering the natioA.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28
WHITE RIVER ROUTE l

Kimball boys are hauling hay and
husking corn.
Frank Barcal was a Wood caller ore
lay last week.
Fred Egleston was 2 Murdo caller
december "a.
Corn picking is still in order III
Cody township.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

a vital element in everybodys prosperity is that mysterious sounding
something o. other" called bank reserve, says the Committee On Public
Education. Of the American Bankers Association, adding: 1t isn't n cas-
matter to make simple and interesting. but its Importance o every man.
u tee onine les:
Money OF deposr must alw vs. l.. ready foI dept sitors ~hen they desire
It SANK must also be ready to on money, when needed, to their customers,
Or business would be hampered. In other words prosperity depends largely
oil the ability of the banks to meet these demands-that Is, depends O the
bank reserves" The problem Of handling reserves has been difficult The
other method eve tred in this country
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

A rumor came to town We teriay
F. Fl. Cadle, of Witten, who de-
|camped with a new Ford coupe recen''
NJ. had been unprecedented at Minneap-
oils shis week.
A cynic is a man who pretenas !"
10 fired Of the world, but in reahsy
~ i 4 man of whom the world i
tired,
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

As long as there ere grade crossing
trains and motor cars human bein1s
will be ground to death under IT,
wheels Of locomotives. Everyone i
bound to know the danger is there,
but thousands continue to ignore it.
The Mellette County pioneer. [volume] (Wood, Mellette County, S.D.) 19??-1971, 1923-12-28

What does the New Year mean 10 yOut
What does 1t hold-from your point o.
view? Are you prepared for whatever II
brings-whether 1t comforts, or whether II
stings? Taking account Of the overdue,
what does the New Year mean-to you:
While You were watching the Old years
end, did you conclude you had los; &
friend? Did you indulge the regretful
tear at the demise OF a precious year:
Granted that your deductions were true
what does the New Year mean-to your
Welcome 1t, Brother, with all your
might. . Greet 1t with sonne;s Of pur-
est delight. . Live in it-cherish it
gladden. its. dawn. Make IL your 0zn.
till the oS's gone! 1 am determined
this we; Ir peBE just what 1 want Ii
to messn1hs -
Sasas:' oJu9
Ok
The Coconino sun., 1923-03-23

conscience or cash. A land to which
many are called and few chosen. Not
on the map.
Bone. One dollar. The original
price of wife. Note Adam, who had
to give up one bone before he got
Eve.
Doodle. Money born of poor but
dishonest parents and taken in by the
Graft family.
Borrow. V. t., to swap hot air for
cold coin.
Bower. A shady retreat, in gen
eral.
Bowery A shady retreat in New
York.
The Coconino sun., 1923-03-23
NOTICE OF SALE OF EsTRAY

Notice is hereby given, that under
ana by virtue of the laws of Arizona
relating to the sale of ESTRAYS, L
wlll sell at auction to the highest bid
DER, at the ranch of R. E. Taylor, one
and one-half miles east of Flagstaff.
Coconino County, Arizona, the follow
ing described estray, which has been
duly advertised by posting of notices
as required, and no ownership having
been established.
DESCRIPTION
One black bull, about two years old.
branded worked over O-U-L-R.
Time of sale, March 81, 1928, ten
o'clock A. M.
CHAS. SIMPSON,
3-23-2t Livestock Inspector, Dist. 6.
The Coconino sun., 1923-03-23

And it's like to snow
Before this time on Monday.
GEORGE T. HERRINGTON
There once was a thin man called
Jno,,
Whose clothes hung him loosely up-
no.;
His facetious friends loans
Always were for five "bones,D
For he looked like mere skeletno.
WALTER CARLSON
They say there's a servant to Cupid.
Whose duty it is to keep track
Of the number of kisses
That misters and misses
Are giving each other, ker-smack.
ED RAUDEBAUGH
Our foolish dictionary:
Bohemia. A land flowing with can
ned milk and distilied honey and un~
troubled by consistency, convention,