davidaulloa/AmericanStories huggingface dataset:
Evening star., 1925-10-22

Ready-tO-Wear
Small Lots
10 Wash Dresses, III rayon
stripe voile, gingham and nov
city materials, i'll light and dark
colors; misses and Women's
sizes. We're S2.95 to S17O
1895. Friday .
Two Handsome T. nj II &
Dresses, handsomely beaded, in
peach and powder blue sizes 50
and 40. Formerly S26 90
$3.50. Reduced to ~oooo
Dinner Dress, slightly soiled;
made Of cut velvet, in red,
trimmed with moleskin; size So.
Formerly $500; because
slightly soiled now S44.OO
reduced to ......
Two Afternoon Dresses, made
OF satin and georgette, and
beaded: short sleeves; in black
and pencil blue; sizes 40 and 46.
Eorme 1,o' rly l:,, s4'.75 $3.50
Afternoon Dress, of cut vel
vet; straightline style; trimmed
with molcskin, gray and coral
combinations; size 40. Former
ly s69.75. Reduced S385O
TO ........,..-..-
-2J Imported Beaded Dresses,
in pastel shades. Formerly
$3.50, spec ial' $500
Two Metallic and Satin After
noon Dresses, in green and
inc. For m erly
$500. Frida ay, S34.OO
One Ensemble Dress. made of
black crepe, with long sleeves
trimmed with red braid; size is.
Forme rly s4s,75. $4,000
Friday ....-....-
One Dinner Dress, made OF
georgette crepe; handsomely
beaded in rust;
size SO, Formerly $3.50
S39.75. Friday -.
One Charmeen Dress, made
in straightline style, trimmed
with ribbon: size IS; III navy
blue: For m erly $3.50
S49.75. Now .....
One Sports Dress. made of
black and white kasha; size AZ.
Forme rly ss9.75. $3.50
Reduced to ......
One Dinner Dress. of frost
crepe, in black and red, beaded,
flowing scarf attached; size
40. Formerly S33O0
S59.75, at ..... ~oooo
-Blouses Of voile, dimity.
broadcloth; overb louise and
tuck-in style, some tailored
others trimmed with lace and
embroidered; sizes broken. Were
s1.95 and $2.95. Re 7Oc
duCed to ...,.-........
kann's-Second Floor
Evening star., 1925-10-22
Notions

Fancy S k Garter
Elastic. Special. 4 of 21c
Ndfu LOT.
300 cards MerceriZed Darning
Cotton, all colors but black and
white. Special, 3 cards 1no
200 pairs of Dress Shields,
light weight. White and
flesh. Regularly 25c. II,
Special for ..... sS
Baby Pants, medium and large
sizes. White, flesh and 90.
tan. Special, = for. ~IC
kann's n's-Street Floor.
Evening star., 1925-10-22
Linens

Pure Linen Table Damask,
silver bleached. Good, heavy
weight, sturdy-wear-
ing quality. Special, G1 M
ward SlsOo
Pure Linen Table Sets, 54xI0-
inch hemstitched cloth and six
16-inch napkins, in blue, pink,
lavender and gold bordered.
An exceptional value S4.05
at, set. t...........
Pure Linen Porto Rican Hand
embroidered Towels, of a good.
weight linen, with attrac-
tive embroidered design and col
ored threads hand-run RQc
through the hem. Each. wv
kann's-Street Floor.
Evening star., 1925-10-22
DOnlestics

-Plllowcases, 45X36-inch size
before hemming), made the
straight way of the cotton and
free from filling. Strictly
perfect 6 Q d S. At 0A
bIeached Sheeting, Pa yards
wide. Good quality. Spe- 49,
cfal Friday, yard ffC
-38-i n h Unbleached
yard 'Sl4no l'''.. co''on. 4 8Ac
's-Street Floor.
Evening star., 1925-10-22
Knit Underwear

-12S Children's Cotton Ribbed
FIeeced Waist Suits, slight see
onds. Broken styles and RQc
sizes. Special, a suit.
200 yomen's Lightweight
Colored Cotton Vests, made III
bodice style. Flesh
and peach. Special, CQc
each .-.............
-95 Wonen's Cotton Ribbed
Union Suits, some few fieeced.
Broken styles and sizes. Slightly
soiled. Regularly sl.0O h0c
and S1.35. Special, a suit.
$50 Women's Cotton Ribbed
Union Suits, with rayon stripes
Built-up shoulders and knee
length style only. S1.15
Special, a suit. ...
kann' 's-Street Floor.
Evening star., 1925-10-22
Housewares


So pieces of White Enameled
Ware, including dinner plates.
cake pans, pie plates, cups, dip
pers, spoons and skim 70c
mers. Your choice, Friday AoS
-l6 Bread or Cake Boxes, with
white enameled finish. Size
10x11x16. Slightly soiled. Reg
ularly s1.89. Special, OQc
each
10 Clothes Hampers, slightly
damaged. Regularly $1.98.
s2.9s, $3.9s and $4.98. Special,
each ~ Price
. Dinner Sets, prettily deco
rated. A few of the pieces are
missing from each set. but they
are the most unimportant.
Regular 1898 values. S6.03
Special, a set ..... ~'~O
Kann's-Third Floor.
Toilet Goods
-Lournay Face Powder, in all
shades. Regularly $1.00
"a box. Special Friday CSo
AT ..--..-......
kann's-Street Floor.
Handkerchief
700 Women's All-linen Hand
kerchiefs, in white and colors.
Novelty patterns. Some are
soiled, others in perfect condi-
ton. Formerly 15c to 0Oo
25c. Special, each. LUZ
300 Women's Ail-linen Porto
Rican Handmade Handkerchiefs,
q hand-hemmed. Pretty corner
embroidery. White and colors.
Regularly SOC. Special, COo
Kann's-Street Floor.
Leather Goods
Beaded Bags, in drawstring
and underthe-arm styles. 81 to
80 values. Special, d7 M
each ............... ~A'oO
Beaded Bags, in knitted style.
Black, brown and blue, with
imitation steel beads. Draw
string style. Regularly 90
$1.o0. Special each. -. w
Kann's-Street Floor.
Evening star., 1925-10-22
''Mill Lengths of
Wash Goods
l8c Yd,

These are mill lengths of the
regular CSC Dress Ginghams
and percales. These are per
feet goods, short lengths, and
very specially priced. SO inches
wide. Useful for making child
ren's home and school frocks.
women's house dresses and
aprons.
kann' 's-Street Floor.
Evening star., 1925-10-22
Gowns, Bath Robes,
Etc.
is Good as They Are Good Looking

-1o0 Slightly Mussed Undergar-
ments, consisting of Gowns and
Boomers of batiste and crepe,
Chemise of shadow batiste and
PajamaS of shadow batiste and
muslin. csc to $1.95 7Oo
values. Special, each.... ~
As Flannelette Gowns, in white
and striped effects. Slightly
soiled. S149 and
S1.95 values. Special, t1 10
20 Bath Robes, made of Bea-
con cloth. Seconds of a much
higher-priced grade. CO TX
Special. each. ...... %c' ~
PA Cardigan Jackets with long
sleeves. Black and oxford col
eao,o, ors. $3.50 2os value $l.49
So Apron Frocks, made of per-
>ale. in green and white, red and
white, and navy and red.
Small sizes only. Spe- SOo
cial, each. ......... Nv
-150 Apron Frocks. made of
gingham and percale, trimmed
with bias folds and rickrack
braid. S1.49 to s2.95 o.
values. Special, each.... |cC
Kann's-Second Floor.
Evening star., 1925-10-22

1loSlCA
10 pairs Children's Cotton,
Wool and Rayon Socks; broken
sizes and colors. Regular 5ec
quality. Spe cia /, Il CSc
pair
--250 pairs Women's All-wool
Ribbed Sports Hose, in solid
colors; broken colors and sizes;
perfect quality. Special, hOc.
-275 pairs Women's Chiffon
silk Hose, made with seamless
feet, seam up the back; broken
sizes and colors. 5pe- QOc
cial, pair .......
200 pairs WomenS Full-faSh-
ioned Silk Hose and Silk-and
rayon Seamless Hose; seconds
of better qualities; broken sizes
and colors. Formerly
69c and s100. Special, QOo
a pair ................
Kann's-Street Floor.
Evening star., 1925-10-22
$50 Pairs Of
Fabric Gloves
Special at
So Pr.

Novelty t-cuff
Imported Fabric Gloves
that represent broken
lots from our various
lines. All arc excel
lent qualities, with
pretty novelty cuffs, and
embroidered backs. A
good assortment of
colors TO select from
and sizes 51a to s in
the assortment.
kaEn' 's-Street Floor.
Evening star., 1925-10-22
Toilet Goods

-Lournay Face Powder, in all
shades. Regularly $1.00
a box. Special Friday o.
at .......
kann 'S=Street Floor
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Gardiner to Have
Twilight League

AS result of the activities Of a
group Of Gardiner baseball fans.
plans are practically completed for
the formation of a Twilight League
for Gardiner. Randolph and South
Gardiner. The first game will be
played at 3 o'clock Saturday after
noon at Quimby field. Admission
will be free and baseball fans should
be on hand to see teams represent
ing Randolph and South Gardiner
battle for a win. Randolph has some
first class players, both in the per-
sons Of the younger generation who
have made good on the high school
team, and some of the older players
who have won their laurels. South
Gardiner has given Gardiner High
some of her finest players, and every
year they have had teams down
there. have developed a splendid
spirit, as well as a smooth working
combination of real baseball players
On the following Monday at G
o'clock, the Clerks and Hazards will
cross bats, and here again there is
some high class baseballers. The r.
p. Hazard team made an excellent
showing in the first game of the sea =
son against the strong Camden team,
losing by the close score of 81. The
Clerks have some excellent material,
and both games should be interesting
ones. The complete schedule has not
yet been mapped out, but the teams
comprising the league will probably
be the Clerks, Hazards, South Gar
diner, Randolph, and possibly the
paper mills will put teams onto the
field,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Annual Meeting
Of Woman's Home
Missionary Society

The annual meeting Of the Won.
ans Home Missionary Society OF
the Highland avenue Methodist Epis-
copal Church was held at the home
Of Mrs. C. H. Nichols on Clinton
street Tuesday afternoon. Officers
were elected as follows: President
Mrs. Mable Arthur; Vice president
Mrs. j. C. Kirkpatrick: Correspond
ing and Recording Secretary. Mrs
Cora Burch; Treasurer. Mrs. Willis
Robbins; Departmental Secretaries:
Missionary Education, Mrs. William
Perkins; Mite boxes, Mrs. Jennie
Wakefield: Stewardship. Mrs. c. H
Cook; Evangelism. Mrs. A. p. Man.
son; Temperance, Mrs. F. e. Brom.
Icy. After the roll call and reports
. very interesting and instructive
program was rendered, Miss Doris
Colby; piano solo, Mrs. N. A. Pills.
bury; readings. Madelyn Burch; re-
citation, Mrs. c. H. Beane; readings
DIR. H. B. Haskell, an address or
Business Women" The devotional
period was conducted by Mrs. Hor-
ace Haskell. and committee on
program was appointed. consisting
Of Mrs. c. II. Beane, Mrs. c. Kirk
patrick, Mrs. A. p. Manson and the
president and secretary. Mrs. Nj
chols the hostess served delicious re-
freshhments and made all feel hei
delightful hospitality.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Feminine Warfare
EndS in Court

AS the result Of feminine warfare
staged between neighbors Mrs, En-
ma Breck OF Chelsea appeared in the
local municipal Court Wednesday
afternoon with a charge of assault
and battery brought against Mrs,
Nora Mclaughlin. 1t took two long
hours before the argument was FINAL
ly settled, and after hearing Witness
es contradict themselves, only to be
contradicted in turn by the testimony
OF the following witnesses Judge At
kins handed down his decision,
namely that Mrs. Mclaughlin was
guilty Of technical assault, but in
view OF the circumstances no fine was
imposed upon her. and the cost of
the prosecution will be borne by the
County. e. L. Goodspeed was coun-
sci for the plaintiff and George w.
Heselton for the defendant.
From the testimony given It. was
evident that on the evening Of June
18th Mrs. Mclaughlin had come to
Mrs. Breck's home. and after talking
for while, the two women dis
agreed. whereupon the alleged as
sault was committed. Mrs. Brek was
first called to the stand and declared
that Mrs. Brock had hit her, without
cause. After cross examination by
the attorneys. Mrs. Breck's husband,
Michael E. Brock, veteran of the
Spanish American War was called,
and agreed with what his wife had
said. Upon cross examination by the
DEFENDANTS lawyer. Attorney Hesel-
ton the argument became somewhat
heated. The statements Of the first
two witnesses were refuted by those
OF Mrs. Mclaughlin, and William
Pierce. In the final summing up At
torney Heselton charged that there
had been an attempt at extortion,
that the plaintiff had come into court
with the purpose Of obtaining money
from the defendant with the excuse
OF fictitious charge. In reply At
torney Goodspeed declared that there
was no attempt at extortion, merely
that Mrs. Brock wished to know IL
She could have protection. The final
decision Of the Judge wa sthought to
be fair one. In view of the rather
unusual existing circumstances.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
SOUTH GARDINER

SOUTH - Last Sunday evening
the Christian Endeavor OF the Con-
gregational church held their first
out door meeting Of the season. The
members met at the church at $500
p. m. and hiked about a mile to
point on the Kennebec River where
they held their meeting. They plan
to meet at the same hour next Sun
day and go to a different place. Each
member is to bring his own lunch.
The Kings Daughters met in the
church vestry Tuesday afternoon. A
large number were present and all
were busily engaged making aprons
and plans for the Lawn Party. Com
mittees in charge will be announced
next week.
Orris Larrabee continues to i'm
prove.
home with illness.
The Boy Scouts, under the leader
ship of Rev. A. F. Swap, are camp
ing on an island in the Kennebec
River. They left early Monday morn
ing and expect to return Friday
night. The spot is an ideal one for
outdoor camping. Those boys who
were able to go are: Roy Phillips
Kenneth Harlow, Bruce Johnson
Leon Fields, Walter Crossman, Carl
Small. Lloyd Jordan, Alec Lamb
Wallace Atkins. Paul Jordan, Willie
Jordan, Byron Foster, Elmer Spen-
Ger, Erlin Jordan.
On Saturday afternoon, the Con-
gregational Church and Sunday
School will hold a picnic at the
Camp Grounds in Dresden. Those
who plan to go are urged to be at
the church at 200 a. m. 1t is hoped
that parents will go with their chill
dren. In the afternoon, a ball game
will be played between the married
men and the single men.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Italy to Begin
Talk with U. S.
Today on War Debt

Washington, June 24.-(AP)-
Italian government will begin talk
ing business with the American
debt commission tomorrow, the
seventh power to send representa-
tives to the treasury to take up SER
ious discussion Of a settlement.
Italy owes the United States,
doughty $2.13S, 100000. 1t has in
formed this government that it ear
nestly desires to arrange a commit
ment by which it can amortize the
amount over a period of years. So
Secretary Mellon and Under Secre-
tary Winston of the treasury, the
chairman and secretary, respective
ly, of the commission. will confer
tomorrow with Ambassador De Mar
tino and Mario Albert. director Of
the Credito Italiano, one of the great
Italian banks. who have been delA.
gated by their government to nego.
tiate funding terms.
The first meeting Is expected to be
given over to a general discussion of
the problem. Secretary Mellon has
said he anticipates nothing tangible
from it, but he has expressed hope
that the conferences will lead to an
agreement that will be accorded
general approval both her and in
Italy.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
WEST GARDINER
cobbosseeeontes Grange

The regular meeting of Cobbossee-
contee Grange was held Tuesday
evening, June 18th, with an attend
ance of as members and IA visiting
members. The first and second de-
grees were conferred, after which
refreshments Of ice cream and cake
were served.
The lecturers program consisted Of
spelling match with F. L. Hescock
and M. 1. Parker captains. Parker's
SIDE We're the w,pners with Mrs. Irv-
ing Cram Of Li-hfield Grange SPELL
ing all down. The third and fourth
degrees will be conferred at the next
meeting to be held Tuesday evening,
July 18th, there will be refreshments.
rms VIII be the last meeting before
the summer vacation.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Nickel Plate Merger
Hearing Postponed
For Further Probing

Washington, June 24-(AP)-Fur-
Their hearings on the Nickel Plate
Railroad merger plan, with the ex-
ception Of a brief session tomorrow,
were postponed today by the inter-
state commerce commission until It
can determine to what extent o. p.
Van Sweringen and his associates
must disclose the ramifications Of
their financing of the plan.
This course was announced late
today after attorneys taking part in
the contest over the merger con-
cluded four hours of argument that
was at times vigorous and personal.
Thomas r. Gay, opening the case
for the Chesapeake & Ohio stock
holders, who are fighting the merger,
explained that Mr.. Van Sweringen
had, by advice of counsel, at his last
appearance declined to answer
queries as to stock ownership in the
Terminal Properties Company of
his corporations through which
credit was obtained in 1916 for the
purchase of the railroad stock. He
explained with the aid of a chart
the theory his clients desired to pur-
sue that the New York Central Rail-
road might be somehow dominating
the present arrangement which the
Van Sweringen interests have put
forward for unifying the Nickel
Plate, Erie. Chesapeake & Ohio and
Pere Marquette, and Hooking Valley
Railroads.
Newton d. Baker, former secretary
OF war, and chief counsel for the Van
Swerlngdn group, denied this, saying
the Van Sweringen effort was direct.
ed toward creating railroad
worthy to compete with the New
York Central"
MIR. Baker insisted that his clients
objection was against what he de-
scribed as irrelevant probing into
questions Of personal credit and mat
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
ADJUSTMENTS

Splendid Rural Comedy Drama
johnson Opera House Today
private Affairs" Renaud Hoff-
mans screen novelty will be the
feature today at the Johnson Opera
House.
This Is an adaptation Of George
Patullo's widely-read Saturday Eve
ming Post story, concerning the
havoc wrought in a little country
town by the delivery of packet of
letters five years after they were
written. The towns exemplary cit
izen receives an impassioned love
note from a sweetheart he has long
since forgotten, and. to make it
more intricate, the letter falls into
the hands of his trusting little wife.
A devoted young mother receives
a long-belated summons to a non
existent love nest; and thee town
drunkard and ne'er-do-wel1 be-
comes a silk-top hated millionaire.
A Pathe Comedy and the ever
amusing Aesop's Fables will COM
plete the bill.-Adv.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Malcolm. Forester

A very pretty ceremony occurred
early Wednesday morning when Miss
Viola Forester became the bride of
James C. Malcolm, the ceremony be-
ing performed on the lawn of the
pleasant home Of the brides parents,
Mr.. and Mrs. Austin p. Forester in
West Gardiner. Rev. NJ. G. Folsom,
pastor Of the local Universalist
church was the officiating clergyman,
the single ring service was used and
the couple were unattended.
The bride is a graduate Of Gardi-
ner high, and has been employed in
the state house, she having many
friends both here and in Augusta.
Mr.. Malcolm, who is a marine en-
gineer, has been making his home IN
West Gardiner for the past several
years. He is a member Of Hermon
lodge, F. and A. NJ. The couple left
by automobile for wedding journey,
their destination not being known.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
SUPPLYING THE
NATIONS CHANGE

Supplying the wealthiest nation
in the world with change Is q Job Of
tremendous proportions. During
1924 the United States mints struck
of ss.3s4,000 one cent pieces md
2S,315,0o0 nickels. The small chanss
OF the nation was enlarged BY 81,
$4,000 dimes and 1s,Ss2,ooo quar-
tiers. While a drive was stArtsd to
popularize the silver dollar. only i3,.
$4,000 OF the SILVER cartwheels"
were coined. Singularly. the half
dollar Is the most unpopular coin
that the United States makes, Dur.
ing 1925 there were Just 142.0S0 hslt
dollars struck of, and al Of thess
were the commemorative Hugusnce
Walloon coins. The mints coined
10, 300, 500 double eagles.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25

road, or those who have automobiles
available for transportation, notify
Andrew Lund. 1t is expected that
there will be a large number OF mem
bers of the Universalist church, as
we'll as those Of other churches avail
themselves of this opportunity to
worship In the open air. These SER
vices have been conducted in past
years by Rev. Mr.. Folsom and have
always proven most successful. The
service will commence at IL o'clock.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25

village, Sunday morning. Mrs. o.
good has a host OF friends who re-
member her as a kind neighbor, .
loving teacher. The family have the
sympathy Of the entire community
Lawrence Blaisdell attended tho
graduation exercises at Francis d
Sales Catholic Church, Sunday even
ing
Walter Reed and Ralph Young
were business callers in WatervilS
Monday.
r. N. willoughby was In Water
vile Monday, on business.
Miss Watson and Mrs Carne
Black, who have been assisting NY
Walter Reed, have returned 70 1nsH
homes.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Relief Corps Meets

The members of Seth Williams
National Relief Corps, No. 96, met
with the Hallowell members of the
organization yesterday afternoon on
Western avenue. The hostesses were
Mrs. Heath, Mrs Field and Mrs
Keene. The meeting was a well at
tended and pleasant one. There was
an interesting report of the conven-
ton held in Portland two weeks ago
to which the society sent delegate,
After the formal business meeting
and report there was a social after
noon with picnic lunch served near
the close. The meeting was one OF
the pleasantest Of the season.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
NORTH PALERMO

Robert N. Willoughby was in
Wiscasset Saturday to attend the
Mcmillan preparation. The expedi-
ton was very interesting according
to his report.
Fred B. Proctor and family of
Winslow. were Sunday guests of
John Dyer.
Mrs. James Higgins of Winslow
preached in M. E. Church Sunday
morning to a large congregation.
Children's Day was observed at
the chu,ch SUNDAY by a concert in
the evening.
A number attended the funeral
service of Mrs. Carrie Osgood at the
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25
Hsroie Frenehwoman

A solitary woman passenger v.
travelling in the Paris Constanfinops
air express when the machine csusn.
fire. II the flames had reached ns
fuel tank the airplane would n.,.
been blown to pieces. The passsus@
Frenchwoman, prevented Z.
She rammed a hole In the tank llS
let the petrol out. The pilot steppss
his engine and glided, 200 req GOV
to an island in the Danupe. nsa'
Budapest.
The machine was burned 70 asns-
but the mails were saved. ana se'! 49,
pilot nor passenger was inJuES1 ~. ~
next day they went on IN a0'n~
plane,
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1925-06-25

sent 500 in gold. Thus the Fedsr,,
Reserve Banks can issue. N ~
Spouse to commercial demand. =.
and one-half times Is many Fedsr,,
Reserve notes as gold certinests,
before the reserve ratio reaches a.
legal minimum.
Secondary Stretch
"This secondary elasticity vas n.
Illustrated during the war, when /.
response to war demands Fedars
Reserve notes were issued 70 Il.
amount Of $3.405, 100000. The y,d,
eral Reserve System could have 1.
sued more than 100000, 900 addl.
tional without lowering the ress,y,
against notes below 10 per cent, !,
the reserve against deposits belov
IS per cent. In any emergency ina
power to issue these notes increases
by $50 per cent the amount of cash
which might be supplied 70 ths
country.
Federal Reserve currency A,,
proved itself flexible in war expan.
sion and In postwar reductions
Since the establishment of the svs.
tenn the currency has been resuon
sive to the seasonal and emersenc,
needs of business. The Federal Re-
serve Act obtained currency ela.
ITCHY by placing the country's ~
serve cash in institutions not ar
ganized for profit, from which cur
rency might be withdrawn Or 10
which 1t might be returned IN 10
Spouse to the country's needs. Wh1A
the existence Of the Reserve System
gives nexibility to almost ali form,
of currency. the Federal Resers
notes. secured In part by CONNER
cial paper, provides q possible SEQ
ondary expansion in readiness for
an emergency"