davidaulloa/AmericanStories huggingface dataset:
The Glenwood post., 1923-05-24
Expert Shows How Commodity
Money Would Make Worse the
Evils It Aims to Correct.
MEANS SPECIAL FAVORS
AND ADDITIONAL TAXES
Would Open Way for Political Med.
ding With Business and Compli.
cate the Conduct Of Trade
and Finance.

The weaknesses Of the Edison-Ford
commodity money scheme to abolish
the gold standard and do away with
monetary instability, interest charges
and speculation in farm products are
exposed by William T. Foster, Direc-
tor of the Pollack Foundation for
Economic Research, in an article In
the Proceedings of the Academy Of
Political Science. He shows that the
only result OF the plan would be to
There is presented herewith the frs:
OF series OF articles. prepared by the
American Bankers Association. re.
viewing Mr.. Fosters argument
The plan provides. Mr.. Foster ex.
plains. for government built. owned
and controlled warehouses. to which
producers might bring basic commodi
ties raised on American soil, on which
they wish to borrow money. A gov
ernment agent would grade the pro
ducer's goods and hand him two
pieces OF paper-a mortgage certia
cate and an equity certificate.
The Edison-Ford Plan
The mortgage certificate could be
exchanged at any national bank for
Federal Reserve notes up to SO per
cent Of the average value of the goods
for the previous twenty-five years. In
this way the producer would obtain a
loan OF money without incurring any
expense for the use Of the money and
he would still own the goods.
His equity certificate is his evi-
dence OF ownership" Mr.. Foster says.
He may keep 1t. sell 1t or present 1t
at bank as security for a loan. He
or anyone to whom he sells 1t can pre-.
sent 1t at any time within a year, to.
gether with the exact amount of mon
ey that has been loaned. and receive
the goods.
IF the goods are not removed with
in one year the Government must sell
them and thus get back the money 1t
has loaned. This is to prevent an &C.
cumulation Of goods and to make sure
that the money will be self.canceling
AS soon as the farmer repays the
loan or the Government sells the
goods an amount of money is de
stroyed equal to the amount that was
advanced. This. in all essentials, is
tie Edison commodity-money plan.
More Taxes
Most men will be impressed by the
fact that It involves additional taxes.
additional corps OF political appoint.
ees and a vast extension OF govern.
ment control over industry. II the
special privilege Of borrowing mon
ey without interest is really a boon
and is granted only to certain groups
Of producers. the list to be changed
from time to time. somebody must de
eide who arc to be the favored
groups, and whether that somebody Is
Congress or Federal warehouse direc
tors who are subject to partisan ap
pointment and removal. the question
who Is to receive free money will un
doubtedly remain in politics and will
recurrently become Of great moment
~ election day approaches.
"Mr. Edison contends that his com
modify dollars will be sounder than
gold dollars because there in the
The Glenwood post., 1923-05-24

resentative bank
ers from every
state in the Un.
ion, afforded an
excellent oppor-
tunity to get .
composite vie "
of the business
situation In the
nation as a whole.
Representatives
of agriculture
were present at
The Glenwood post., 1923-05-24
WHEN NOBODYs LOOKING

It's easy to enforce speed laws the large cities and
keep motorists like Genwood But yet
good has been found curb the speed fed who the
country roads, whose recssness its height when he is
highway with nobody sight More and roads
better the lives of careful drivers and people residing along the
roads endangered the speed end who waits until he gets
outside the limits of c loose OF arrests
and fines time time But these
and fines to be inadequate stop the practice to
Jus that right here would be good opportunity for of
rotc legislators do something for their people by getting their
heads together and dvsng law and the enforcement of it.
that would make life country roads safe from the speed end
persists becoming reckless he thinks nobody
watching him.
The Glenwood post., 1923-05-24
FIRST CHURCH OF
. CHRIST SCIENTIST

91o Cooper Avenue
Sunday school 10 a. m.
Sunday services IL a. m. Subject,
"Soul and Body.'
Wednesday evening service 8 p. m.
Rending room open on Friday after
noon from to 4 % CLOCK.
The Glenwood post., 1923-05-24

THOSE have inclined consider Governor Sweet
novice in the political had better revise their opinion of the
chief executive for his appointment of Alva Adams Jr u S.
succeed the late Sam Nicholson and the election
of Denver of Ben apeton with Sweets support given after Sta
had promised allow governor his
of safety all points machine number of machines which
handy when Sweet shy his senatorial
into the ring Adams has nothing to recommend him for United
beyond the that he the on of his father and
resident of portion of the state well populated and valuable
senatorial contest and Sapeton very mediocre material for Den
mayoral but what's the odds long the influence of
both pledged Governor Sweet demand? Take from
fellows that whatever other faults weaknesses Governor Sweet
may possess he is slouch political prophet and fixe of
fences in advance
The Glenwood post., 1923-05-24

FARMERS of Colorado grow such splendid crops of alfalfa
with wonderful that like crop
indigenous soil climate
is with the greatest difficulty that this crop produced
of the The admission of agricultural
to the effect that necessary lime and especially prepare the
soil in the Atlantic before is safe plant alfalfa with
any reasonable of producing crop difficult of belief
y Colorado who this greatest
with but little effort and with scarcely failure Those
farmers surely jealous this respect
lit not easy to realize how very fortunate
DESPITE the fact that we have have had
faith in political antics one W. Bryan erstwhle res
let of Nebraska and presidential candidate basng
the sunshine OF Florida tickling the agators with his
hand oratory rather admire Billie for his fight against allowing
those Presbyterian preachers ake monkey" of him. al
though he finally lost his evolution fight Bryan always
insisted th a the evotions in their theory he
at all proud of his probably because lacking
in gab, attribute in which w. ]. is long
The Glenwood post., 1923-05-24
BANKERS CAUTION
AGAINST INITIATION
BY J. n. PUELIcHER
President the American Bankers
Association

A recent meeting of the Executive
Council Of the American Bankers AS
sociation. attended as 1t was by rep.
The Glenwood post., 1923-05-24
&:hsark !: 1r+S 1:T:
zSunAap Scia,Is

Copy for notices unoer this heading
must be In this office by Wednesday
Noon.
The Glenwood post., 1923-05-24

lHE GLENWOOD POST
(AD WEEKLY lEDsED
Z :. oaoA.oA. 1o.or .no f-0Dn-.a ~
SUBSCRIPTION
ease Copy ~
eix Months LOO
One ~"
PUBLISHED WEEKLY
the postofce Genwood
Springs Colorado, under the Act of March 8, 1879
Thursday, May "a,
SOMETHING TO THINK ABOUT
Get up front 1t is the which gets bumped
Evil thoughts like green apples upset the whole system
Be cheerful at breakfast day will take of
itself
This country is poor to buy automobiles than
it did the year before.
The up his collects interest his
investment long as he lives.
fellows up something for rainy day and then
give all to a bootegger for wet night
who has something sell and doesn't advertise is
like the wnkng at pretty girl in the dark.
but for goodness sake change the key
while Eternay blowing the key of 81" becomes
otonous
tiers year. but opinion exchange this mistake if
he pays his bills.
Genwood Springs who recently purchased radio
set saws Wne Song will have be changed read
Gingerale Women and Radio
The Birmingham age-herald., 1923-01-06
tBy Pacific & Atlantic)

Leading the rush of 1,800 immigrants, Mrs. Katarzyna Rymijan was first to enter United States in 1923. She will join husband, Jan, in Chicago after nineteen year separation.
The Birmingham age-herald., 1923-01-06

(By Pacific & Atlantic) You've probably been to the movies and. seen the hero grasp the heroine from the brink of the falls in a lum- Der camp picture. It took your breath away = but then look at this picture, for it's the real stuff. The lumberjacks here have just broken up a jam at the edge of this fall in a stream in Northern California. The logs, as can be seen, are just about to come crashing down the falls.
The Birmingham age-herald., 1923-01-06

By The real sufferers in Mer Rouge tragedy-wdow mother and children of Thomas F. Richards kidnapped and slain by hooded mob Left to right Mrs Richards widow; Vera, eight daughter; Mrs. C. Garrison Richards mother, and Grace Richards slain mans half sister, In foreground is daughter Leota Richards, three.
The Birmingham age-herald., 1923-01-06

According to an official an- nouncement from Washing ton, Secretary of Interior Fall will resign from his office on March 4. It was said MT. Falls retirement was due to the pressure of private business interests.
The Birmingham age-herald., 1923-09-08
NEW BILL FIXES STRICT RULES FOR
 MONEY LENDERS.
Representative Fite's Meas ure Aimed To Affect Only
 Jefferson County
STATE CAPITAL BUREAU l
 THE AGE-HERAI-D ! Afont~ornery Ala. Seuf. 2

A bill to regulate the business of money brokers and the lending of money on the security of bills of sale or mortgages of personal prop erty, or on personal security, where the amount loaned does not exceed $75 was introduced in the house to- day by Representative Fite the bill affecting only Jefferson county.
 The bill provides that the instru- ment securing the loan must set out description of property which Is security for the loan, the date of loans and when due, and must be re- coded with the probate judge, and that no commission or charge other than interest shall be exacted for negotiating the loan or investigating title to property used as security, and no attorneys fee in excess of ten per cent of the loan shall be charged against the borrower. It is further provided that all payments on the loan shall be receipted for i; that any person not living in the county or corporation To- cated outside the county having no agent in the county shall designate an agent in the county upon whom processes may be served in any suits arising from the loan. Where sigma ture of the borrower Is by a mark, 1t shall be attested to by two disinter- ested witnesses not related to the lender; and it is made a misdem ca nor to take or attempt to take any security for the loan except by legal process.
The Birmingham age-herald., 1923-09-08
FIVE SAILlNGS MARK.
 BUSY DAY AT MOBILE.
Tow Boats Busy Shaking Out Yes
 sels From Berths

MOBILE, Ala, Sept. 7.-6Special Leased Wire e)-Five sailings and one arrival marked port business Friday, all outgong vessels save one were in cargo for different parts of the globe. True, one of the departures was a de- layed sailing resulting from a col lision with another steamer about six weeks ago. but that failed to detract from the importance of the depart ure.
 The harbor tow boats were busy shaking steamers out from their berths and setting them on their way. Two steamers got off within 20 minutes of each other today bound for widely separated parts of the world. These were the Danish steam CT, Normannia, which sailed for Ha- vana and Nuevitas with big cargo of railroad materials and the Ger man steamer, Freifeld, which sailed for Hamburg via Hull. The Freifelu was the steamer which met with the accident with the American steamer, Katahdin, in the bay about six weeks ago. Thomas NJ. Ross Is agent for the German steamer and R. V. and J. g. Taylor are handling the Normannia, which makes periodical trips to Cuba.
 The arrival was the American K. I. Luckenbach, one of the big Lucken- bach liners in the Pacific coast trade. Mobile liners, agents for the vessel here, will load and sail here In about a week. The Florence Luckenbach iS laid up on the east side of the river.
 Formerly the United States en- gineer tug, Holibord, the British steamer, Cattelya, P. H. Cowan, mas ter, sailed for Trinidad The Cattelya has been almost completely refitted. Thomas M. Ross Is her agent.
 The Norweg gian steamer, Staven- geren, United Fruit company, cleared and sailed for Belize, Livingston and Stann Creek today. The Stavengeren takes the place of the Lysef5ord, which will be idle for some time while reclassification of her rating is made.
 The American steamer, Agwidale, Mallory lines, sailed for New York via Port Tampa, where she loaded slaves and ties for the esatern port.
 The American schooner, Rena A. Murphy. which sailed for Passa- goula, will load for Cuba taking lumber. and will sail about the first of the month, according to her owner, Captain J. G. Murphy.
The Birmingham age-herald., 1923-09-08
.EOUA[IZED SCHOOL
 TERMS PROPOSED.
Luck Bill Seeks Amendment Providing For Apportion-
 ment Of Funds
STATE CAPITAL. BUREAU ]
 THE AGF-HFRALD ]

hill nronosfng a constitutional amendment to authorize the legisla- ture to apportion school funds among the various schools of the state so as to provide as nearly as practical school terms of equal duration and benefit for the various schools was introduced in the house today by Representative Paul Luck of Shelby.
 The effect of the bill, it is stated, would be to allow the legislature to take school funds from black belt counties and give them to the coun- ties of the state having a larger pro portion of white school children, in order to equalize school terms.
 Representative Frank Embry of St. quire all mutual insurance companies, reciprocal exchanges and inter-insur- CTS to pay a license of $101 yearly. and in addition a premium tax of 1 E per cent of gross premiums, less re- turn premiums, on fire insurance, an1 ? per cent on other premiums.
 A bill introduced by Representative Travis Williams of Franklin seeks to extend the time in which claims for reparations for alleged excessive charges by carriers may be made by shippers from three months from date of such charge to 12 months from date.
 The bill bill of Representative Jones, providing that the unexpended balance in all special and trust funds, except those provided for in the con- stitution, and educational or pension appropriations, shall revert into the general fund at the close of each fiscal year. was favorably reported, as was the bill of Representative Graves, providing an additional ap- propriation of $50,000 for the state law enforcement department.
 The house ways and means commit tee adversed the bill of Representa- tive Fred Fite, to exempt federal rural mail carriers from automobile licenses.
The Birmingham age-herald., 1923-09-08
VICTIM OF WRECK Isl BURIED AT HAMILTON
Lee M. Carpenter Killed When His
 Car Overturns

HAMILTON, Ala, Sept. 7.-(Spe- cial)-Funeral services over the re- mains of Lee NJ. Carpenter, who was killed when his car overturned on the Detroit and Sullisent road We'd nesday afternoon, were conducted in the Hamilton Methodist church Thurs day afternoon In the presence of one of the largest concourses of people ever assembled at a funeral. In the absence of the pastor, Rev. O. l.. Millican, who was at Gadsden and could not reach Hamilton in time for the funeral. the services were con ducted by Rev. W. Fl. Pettus of Cor dova and Rev. Henry M. Hurst of Tuscaloosa, former pastors of the Hamilton Methodist church of which the deceased was member. The re- mains were carried by the Masonic fraternity to the family cemetery at Gainesville, five miles west of Hamilton, and buried with Masonic rites.
 Carpenter leaves a widow and two children, his father and several brothers and sisters, and a large circle of relatives and friends. Woodie Carpenter, who was irving the car when it turne over. was also hurt, but is recovering rapidly.
The Birmingham age-herald., 1923-09-08
RII.I. RENErIrs CIrIrs

/ The other bllls passed by the Ben- ate during Fridays session. were:
 Bill submitting a constitutional amendment at the next general elec- tion which will permit voters of Opp, Florala, Clio, Clayton, Alabama City, Evergreen, Thorsby and Fayette to vote an increase in their tax rate.
 Representative Earnings bill pro- viding for the payment of expenses of the solicitor of the Fourteenth ju- dicial circuit.
 Senator Adams bill permitting the commissioners court of Chiffon county to pay the sheriff $1o for ev- cry still destroyed.
 Representative McDaniel's bill val idating warrants on the general and school funds of Marengo county.
 Representative Moxley's bill re- pealing the local road law for Cren- show county.
The Birmingham age-herald., 1923-09-08
GOSEN MERCHANT DIES OF BLOOD POISONING
Infection Set Up After Nail Stuck
 In His Foot

TROY, Ala, Sept. 7.-(Special Leased Wire.)-W. D. Folmar, promi- nent merchant of Goshen, died Fri day as the result of blood poison caused by sticking a nail into his foot. MT. Folmar was a brother of w. B. Folmar, banker of Troy and was widely known. He is survived by his wife and several children, four brothers and one sister. Flu neral services will be held from his home in Goshen and interment will take place at Elam cemetery Satur- day morning.
The Birmingham age-herald., 1923-09-08
CLAIMS TWO STATE
 SALARIES DRAWN BY ABERCROMBIE
McEldery Seeks To Hold Up Pay Of State Superin-
 tendent
STATE CAPITAL RUREtU
 THE AGE-HERALD Montgomery, Ala, Sept. ]

Alleging that Dr. John w. Aber- crombie, state superintendent of edu- cation, is drawing from the state treasury two salaries in violation of the provision of the constitution which says no person can hold two offices of profit under the state, George T. McElderry of Talladega to- day filed bill in the circuit court seeking to restrain the state auditor from issuing a warrant to pr; Aber- crombie covering his service as executive officer of the state board of education.
 The bill was directed against Miles c. AIlgood as state auditor. His brother, w. B. Allgood. Is now state auditor and MT. Allgood is congress- man of the Seventh district.
 MT. McElderry alleged that pr. Abercrombie until this year drew a salary of S3,000 as state superlnten . dent of education and Sl,99s.sZ as executive officer of the board or education and that he Is now draw ing respectively $4,000 and $2,OOO'
 Another allegation was that pr' Abercrombie drew large and exorbi- tant amounts of expense" and that large part of which were not in the discharge of his official duties, but were for his personal and politlcai purposes"
The Birmingham age-herald., 1923-09-08
L0ACH0P0kA MAN SAFE
 IN JAPAN, CABLE SAYS
Youngest Bootlegger Is 11-Year-Old
 Opelika Negro

OPELIkA5 Ala, sept. 7.-(SpeclaI Leased Wire.)-According to a cable gram from Y. NJ. c. A. authorities Will Lee Mum, formerly of Loacho- polka, and who was thought to have been in Yokohama at the time of the earthquake, is safe. Young Nunn and number of missionaries were in the mountains some distance from Yoko- hama attending a conference at the time of the disaster. He Is Il teacher in one of the schools in that city.
The Birmingham age-herald., 1923-09-08
MAKE NEW STATIONS POSSIBLE

Authority will be given the public service commission to require rail- roads to construct new depots under a bill which was passed by the mousse Friday and will go to Governor Brandon at once. It had already passed the senate.
 This bill is intended to confer upon the commission the power to direct the construction of new stations at Attalla and Opelika. The supreme court recently held that the commis- sion could not force the construc- tion of a new station when an olo one could be remodeled to meet the needs of a town. This rendered the commissions orders affecting Attalla and Opelika null and void.
The Birmingham age-herald., 1923-09-08
YOUNG BooTLEGGER CAPTURED

Sheriff Moon captured. what IS al- lesed to be the youngest bootlegger in the game Thursday, near PheniX City. He is a negro boy, Cliff Ken dric, aged II years. The young boy, it Is charged, Is fleet-footed run ner for other bootleggers. His busi- ness was to run to and from the rum rendezvous and supply the customer a bottle at time and it was while he was on his last run for some time to come that Sheriff Moon captured h m.
The Birmingham age-herald., 1923-09-08
ITO ENLARGE HOSPITAL

Extensive additions are to be maoe on the East Alabama hospital here. A contract for that purpose has been let to the Opelika Lumber Construc- tion company for the building Of large six-room annex. The anne~ viii be built on the east side of the main building and connected by Hall way and fitted up with modern con veniences
The Birmingham age-herald., 1923-09-08
SHAKEN, BUT NOT HURT
Traffic Delayed Six Hours When
 Cars Derailed

NASHVILLE, Tenn. Sept. lone mail apartment car, baggage and the tank of an engine on the Nashville, Chattanooga and St Louis passenger train No. 1O5, Memphis division, were derailed a half mile south of Hollow Rock Junction shortly before noon today, according to report received by officials here. None of the crew or passengers was injured, the report said The cause of the derailment Is unknown Traffic was delayed six hours and passengers completed their trip to Nashville on a reserve train.
The Birmingham age-herald., 1923-09-08
FARM BUREAU TO MEET
Lamar Jefkers And President O'Neal
 Will Speak

HEFLIN, Ala, Sept. 7.-(Special) The following invitation has been mailed out by E. D, Case, secretary treasurer of the Cleburne county farm bureau Farm bureau picnic at Bell Mills Saturday, September s. All farm bureau members and their families and all club members are urged to come. We expect to meet our congressman, Lamar Jeffers, Ed- ward A, O'Neal, president of our state farm bureau federation, and also Director Duncan of the exten- sion service"
The Birmingham age-herald., 1923-09-08

monials of women who had been like myself. I went right out and got me a abottle of Lydia E. Pinkham's Vege- table Compound, and before 1 had taken the whole of that bottle l knew it was helping me. Itooksix bottles, and then in about three months l took two more. Now I am in perfect health. do all of my own work and could do more. can truly say that l know Lydia E. Pinkham's Vegetable Compound gave me my health. - Mrs. o. J. HINCKLEY, 3l6 Union Ave-, Memphis, Tenn.
 Lydia E. Pinkham's Private Text Book upon "Ailments Peculiar to Women " will be sent you free upon request. Write to The Lydia E. Pink ham Medicine O., Lynn, Mass. This book contains valuable information.
The Birmingham age-herald., 1923-09-08
PURCHASE DAY PROPERTY

R. c. Meacnam. prominent Heflin citizen and merchant, has purchased the Day property and will move his family into their new home next week. Mir. and Mrs. Day and fam fly have moved to Birmingham.
The Birmingham age-herald., 1923-09-08
DUM DUMS INDICATED

ROME, Sept. 7.--A message from Tirana, Albania. to the Stefani agency says an autopsy has established that the members of Italian boundary mission, the massacre of which pre- cipitated the presen+ ItalolGreek crisis, were all killed by explosive bullets. NAe
The Birmingham age-herald., 1923-09-08
wAn yETERANs FAyoRED

Representative Holcombe's bill sub- hitting a constitutional amendment which would grant perpetual exemp- tion on poll taxes to all soldiers and
 sailors who served honorably dur ing the time America participated in the war was given 6 favorable report Friday. This bill was passed by the house without a dissenting vote sew eral days ago.
The Birmingham age-herald., 1923-09-08
GETS SECRETARY JOB

J. Lem Satterwhite, former secre- tary of the Opelika Chamber of Com merce, has accepted position as secretary of the Griffin. Ga.' Chamber of Commerce and will assume his new duties at an early date.
The Birmingham age-herald., 1923-09-08
INVESTIGATE CLAIMS
Red River Promoters Must Justify
 Reuests For Leases

Reuests For Leases
 WASHINGTON, Sept. 7.-Each of the applicants for oil and gas leases in the Red river district bordering on Oklahoma and Texas was asked in a circular sent out by the Interior department today to show cause why his aplication should be considered a preferred one.
 The action was the first step to- ward issuance of leases and the settlement of the claims of 160 ap- plicants. The land has been in dis pute since 1918.