davidaulloa/AmericanStories huggingface dataset:
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
You and Your
Nations Affairs
Commodity Dollar Fallacies
By WALTER E. SPAHR
Chairman, Department of Economics Ne0 York Unirersify

price level from 1923 to 1929. while
the underlying economic factors were
badly out of balance. should teach US
the very valuable lesson that stability
Of the price level does not insure sta
bility in the economic system.
A stable price level does not sta
Billie individual prices; and II Is at
individual prices. not at price aver
ages. that people buy and sell. A
stable price level. resting upon null
titude OF individual disabilities. when
these reveal serious EMBELLISHMENTS.
has no virtue: IL merely misleads peo-
pie as 10 the actual nature OF the most
vital underlying factors. But appar-
emily the commodity dollar advocates
have learned nothing from this bitter
experience.
The claim Of the commodity dollar
advocates that a dollar of stable pur-
chasing power will bring greater JUS
tice, as between debtors and creditors
has i'm il much truth. But their asser-
ton, in this respect has unduly SIM
plified the problem of the relation
ships between debtors and creditors.
Debtors are interested in the
sources and size CT their incomes: they
have only secondary interest in the
price level. They pay their debts out
of incomes. not out Of the price level
Creditors are primarily interested
in seeing that they are repaid, and
they are only secondarily interested
in the price level. They do not spend
their incomes for the price level but
for only part of the commodities COM
prising it.
Nor can people be divided into such
simple categories as debtors and cred
itors. There are probably relatively
few persons who are not both debtors
and creditors. And certainly all busi-
ness corporations are both debtors
and creditors.
A change in the purchasing power
of the dollar is one thing. but the
question of who gets more or less
of these dollars. more or less east
iy. involves an investigation of
the facts in each individual case.
A normally rising price level follow
ing a depression will be found to be
more beneficial to bothsdebtors and
creditors than will stable price level
which is artificially maintained in the
face of various EMBELLISHMENTS such
as those increasing unemployment or
reducing the incomes of a great pro-
! portion of the people.
thor care of this nelcsDdDerI
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
AN ESSAY ON BUYING AT HOME

Millions of words have been printed
and uttered in the interests of trading at
home and every community of any size
stages periodical drives to keep the home
town dollar revolving in the circle of its
business enterprises.
Much ridicule has been poked at small
towns and cities as they attempt to de-
velOp into trading centers but the same
ambitions move the boosters of the larger
metropolitan areas and their rivalries are
on the same plane. 1t is laudable for any
municipality to desire growth and, because
so many cultural activities depend upon
the prosperity of business, entirely COM
mendable to encourage the growth of
home town enterprises, which provide en-
ployment for local citizens.
There was time in many cities when
a man or woman who bought out of town
was considered something of a misfit.
There was a general realization of the de-
STABILITY of keeping money at home but
not quite such clear conception of the
way to turn the trick. 1t was generally
assumed, in many quarters, that what was
necessary was a series of articles on trad
ing at home in the local newspaper at the
editors expense and that was that
Today, more thar ever before, it is
being generally recognized that the job of
keeping home money in town is primarily
one that belongs to the merchants and
business men and that it is not to be UNI
dertaken in the same way that colleges
work up pep for football games. There is
no use to assail fellow-townsman for
trading somewhere else when there is
distinct advantage to the family pocket
book in so doing In other words, trading
being what it is, buyers are naturally 60
ing to take the best bargains they can OBJ
tain and it is the function of merchants to
provide them with the best buys.
No town can successfully institute
buying at home and keep it going unless it
possesses alert, industrious and capable
merchants, who are able to sell merchan-
disc along modern lines, giving customers
the same advantages that can be obtained
in other marts. Buying at home will not
work if all that it means is the sharing of
dollars from unwary and unintelligent
buyers.
Key West merchants have the ability,
they have the means and many of them
are now exhibiting merchandising skill
that encourages the belief that buyers will
find it worth their time and money to shop
here. The local merchant, everywhere,
has the advantage of proximity to his
trade which nobody can take from him.
1t is worth having and should be the means
of securing for him the trade support of
the buyers in his natural field of opera
tions.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

because rising prices are part OF the
forces which contribute to better
economic equilibrium.
Similarly. there are no sound
grounds on which one could urge that
a price level should be stabilized at
the peak of business expansion be-
cause the economic system at that
time will be badly out of balance.
Prices must and should fall to pro-
mole better adjustment of economic
factors.
Thus the only time at which one
can defend static price level is when
the various factors in the economic
system have reached state of equl-
librium But when such balance is
attained the price level will be rela-
lively stable because of the nature
of things: and then we need not con-
Germ ourselves about it.
To attempt to maintain a stable
price level by artificial devices when
there are maladjustments in the eco
romic system is unsound in practice.
Such an effort tends to prolong the
existing EMBELLISHMENTS and to Gre
s:e new ones, all of which will cul-
inmate in accentuated difficulties IN
the end. Our experiences with the
maintenance OF a relatively stable
address questions to the q
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Note: This Is the fifth OF series OF
articles by DIR. Spahr discussing the
commodity dollar plan. The tUhole
series has been published in q PAM
phlet iOhich lUill be sent to any reader
Upon request to the author in care Of
this newspaper.
The assumption Of the commodity
dollar advocates that the price level
should be stable is definitely open to
effective challenge. Certainly there
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
Today's Horoscope
OBSERVATION-DISCLOSURES

Today gives an affectionate,
sympathetic nature deserving of a
much better reward than likely to
receive. There is a concentra-
ton and whole-heartedness of
spirit that will go far to offset
some of the deficiencies. of the
character. and help in the strug-
gle for success, which will be ulti-
mately attained.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
WEATHER FORECAST
Gill 5 p. m, Tuesday,

LII ". Ill., AACS0aeD
Key West and Vicinity: Mostly
c'oudy tonight and Tuesday, pos
sibly light showers; not much
change in temperature; gentle &c
moderate eaGterly winds.
Florida: Mostly cloudy and con
tinued mild tonight and Tuesday,
possibly light showers near the
extreme south coast and in north
west portion.
Jacksonville to Florida Straits
and East Gulf: Gentle TO mOder-
ate easterly winds, and mostly
overcast weather tonight and Tues
day.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
The late Arthur Brisbane had never

The late Arthur Brisbane had never
been in Key West, although he frequently
made trips to all parts of the United
States. 1t was his wish, however, to come
here, and he so expressed himself in a
letter to this writer. These were his words !:
81 hope to have the pleasure of seeing you
again when you come up north, or when |
accomplish long-deferred plan, and go to
Key West"
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
hii110 3

Sheriff Thompson provided no tender
birds for his jail birds, but he procured
for them an epicurean feast of roast pork,
sauce and dressing, rice and potatoes, ap-
pie pie, mince pie, and pumpkin pie,
oranges, apples and candy. What, no
liquids!
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Arthur Brisbane's death leaves a void
in the journalistic world, and millions of
his readers will miss his comment on cur
rent affairs and his quaint philosophy in
his popular column To-day"
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

The weather bureau will establish
four additional frost warning stations in
Florida. They may find some yet-Fort
Myers News-Press. But not in Key West,
the only frost-free city in the United
States.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

are no defenSl-
BILE grounds on
which one could
urge I h a I a
price lie v e !
should be sta
biliZed at the
| o W p o ! n t
reached during
a severe depres-
sion. be ca u s e
the econ mic
system is badly
out of balance
at that point. In
recovering from
a depresslo the
price level will
and should rise.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

This writer regrets having failed to
Bryan Owen, when last she visited Key
West if she ever found out what was
really rotten in Denmark.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Nearly all the merchants and business
men of Key West, in The Citizens Christ
mas edition, thanked their customers for
their patronage in 1886 and wished them
Merry Christmas and Happy New
Year. Readers of The Citizen noted but a
few exceptions.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
According to Ripley there is a street

According to Ripley there is street
in Key West which runs from the Atlantic
Ocean to the Gulf of Mexico. This would
allow a fellow to make a coast to coast
trip afoot in less time than an airplane
could fly from New York to Philadelphia
Times Union.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Perhaps the woman most envied for
her supposed knowledge is the wife of a
small town doctor.-Key West Citizen.
But imagine being Walter WinchelPs
wife Lee Morris in st. Petersburg In
dependent
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Gomez, first constitutional president
since the Machado regime, was ousted be-
cause of so-called unconstitutional activi-
ties. Don LibOrio seems to have trouble
with his constitution.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Great preparations are going
forward for the formal opening
of the Hotel Casa Marina on the
evening of SATURDAY, January /.
There will be given at that time
delightful dinner dance in con-
nection with the opening. The
hotel VIII be under the manage
ment of L. P. Schutt, as usual,
who is very much pleased over
the prospects of a big season. The
price of tickets to the dinner
dance win be $3.50 and all who
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

In the death of Arthur Brisbane The
Citizen lost one of its most distinguished
paid subscribers and this writer an honor
ed and admired friend.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Thousands of Key Westers did not
enjoy so sumptious a spread as that of
which the prisoners in the local Jail par
took on Christmas Day.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Here is the first squawk against Gov
ernor-elect Cone. He refers to the people
of Florida as Floridans, and not Floridians
we think we are and want to be the latter
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

1S56-Woodr0w VS. -
YER. professor. preSanen1 e Prz1-e-
ton University. EoEer10- &C -
Jersey, 2Sfh Presldeur. 49, a.
Staunton. Va D5e6 - 49,
ton, Feb 3. 1894
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Countess di Frasso, who has never ap-
peared on either the stage or screen, has a
set of swell looking legs.-Walter Win
chell. You've been looking.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Printers 'pi' is not very digestible,
nor is that we have tried in some res,
taurantS II .s5e.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

To receive a gift from Bethlehem in
the Holy Land on Christmas Day is a JOY
GUS experience this writer takes pleasure
in chronicling
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

1S6o-HEry Bzche SM-h 80
life hbreftist. born ~ BIZ.
N Y Died Jan ]. 1855
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Cuba has had IA presidents; nine
since 1888.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Today is gone; it will never come
back again.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

1S17-Aurus1 Hoez- b.
moreis noted lI<haErzpher and
map-mzker of ms dzy. h9-z n
Germany Died Sep- =. 1ssE
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

1s22-WlIiAm r TzEz=r1
Virginia lawyer and Co1E=6e-z.z
general. bern IN GloEzeze-r c.
Va Died there, Feb- =. EsSz
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

The European tzhls Ezzpe -
now bellg s1ccessfulE Cs~1 -
Southwest Texas
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

1S6s-John n Fsws So
University 81 ChizzEs-s zs--E
Biblical schoszr. born u Ezw&zZ
Died Sepr- 4E- 49,
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
Todays
Anniversaries


17Ss-Thomas EwIzE o.
senator, secretary II rhe rzez--T.
first secretary O. Ehe E1<rur.
bon IN Ono Co. Va D5e6 ~ LMn-
caster, O., Oct 8. 1871
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

intend attending should make
their reservations at once.
The annual Grand Convention
Caballeros de la Luz today con-
vened in Key West at San Carlos
Hall. Feliciano Castro, Spanish
consul pysided. The convention
brings to Key West about 100
visitors from Ybor City, Tampa.
and other Florida cities, besides a
number from Cuba.
Ernesto Bravo, Adolfo Garcia
and Augustine Garcia, who were
arrested in connection with the
raids made by prohibition officers
yesterday were arraigned for pre-
liminary hearings this morning.
u. S. Commissioner c. Rodney
Gwynn presided at the hearings
and each of the men was placed
under bond of $3.50 for their APP
pearance at the next term of
United States court. The de-
PENDANTS were charged with IL
legal possession of liquor.
Editorial comment: Three men
, pretending to be plumbers, rob.
bed store at Lancaster, Pa. One
man pretending to be a plumber
is usually sufficient for an ordi-
nary job.
Fred Williams, a colored boy,
was arrested yesterday on a seri-
GUS charge. He was given a pre-
liminary hearing this morning be-
fore Judge Hugh Gum and placed
under bond of $500 and in default
was remanded to the county Jail
to await trial in criminal court
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

Scoutmaster George F. Archer
states that all scout leaders and
scouts of Troop g and 4 Girl
Scouts also Troops 1, A and 5 Boy
Scouts, are invited to a wiener
roast at the picnic trees tonight.
This is to be given in honor of
visiting Boy Scouts from Tampa.
Their host will be Mayor Leslie
Curry.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

w. M. Simmons, assistant pro-
hibition administrator for the
State OF Florida, and w. C. Crum-
ley, prohibition agent, who came
to this city from Miami and con-
Quoted series of raids yester-
day were arrested in the after
noon on warrants issued by JUS
tice of The Peace Rogelio Gomez.
They are charged with entering
the private residence of Raul Vas
quez, at Amelia and Duval streets,
without having first provided
themselves with the required
search warrant. 1t is also charged
that one of the men broke open
and entered a bath room where a
female was bathing. The of
tice Gomez and made bond of
ficers appeared before Peace JUS
$1,000 each for their appearance
at the next term of criminal
court. -
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28
KEY WEST IN
DAYS GONE BY
Happenings Here just 10 Years
Ago Today As Taken From
The Files Of The Citizen

Thomas S. Caro-, esquire, has
rendered his resignation from the
office of police judge with the
request that same be considered
as becoming effective today.
Judge Caro's resignation has been
accepted by Mayor Leslie Curry
who at the same time appointed
Attorney Raymond Lord to the
judgeship. Judge Lord has for
some tine been associated with At
torney VIM. H. Malone in the
practice of law in this city. At
torney Caro- is with his family To-
eating in Tampa where they will
make their future home. The at
torney will there continue his
legal practice. In handing in his
resignation, MFR. Caro- said that his
reasons for leaving the city are
that he believes Tampa offers at
this time better opportunities for
young practicing attorneys.
The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1936-12-28

intend attending should make
their reservations at once.
The Daily Alaska empire., 1936-09-25


 ocurem n t Division, Public Buildings Branch, Washington, D.
 o., Sept. 3, 1936.-Sealed proposals in duplicate will be publicly opened in this office at 1 PM, Oct. 29, 1936 for construction af the LISP. O. and Court House at Sitka, AL aska. Attention is directed to the special conditions of bidding set forth in the specifications Upon application, two sets of drawings and specifications will be supplied free to each general contractor in- terested in submitting a proposal The above drawings and specified tions must be returned to this of- flee. Contractors requiring addition al sets may obtain them by purchase from this office at cost of $10 per set, which will not be returned Checks offered as payment for drawings and specifications must be made payable to the order of the Treasurer, US. Drawings and specifications will not be furnished to contractors who have consistently failed to submit proposals. One set upon request, and when considered in the interests of the Government, will be furnished builders ex- changes, chambers of commerce or other organizations who will guar antee to make them available for any sub contractor or material firm interested, and to quantity survey ors, but this privilege will be with drawn if the sets are not returned after they have accomplished their purpose. w. E. Reynolds, Assistant Director of Procurement, Public Buildings Branch.
The Daily Alaska empire., 1936-09-25
GIANTS SPLIT DOUBLEHEADER
 BUT WIN FLAG
Two New York Teams Will Now Compete in
 World Series

BOSTON, Mass, Sept. 25.-The New York Giants climaxed a hard drive by clinching the National League pennant yesterday by 2 to l victory over Boston in the first game of doubleheader.
 The Giants still have three games to play but cannot be busted from first place regardless of the out come.
 Boston won the second game 4
The Daily Alaska empire., 1936-09-25

Seattle, will be broadcast by the To- cal radio station with Bud Foster, Juneau's favorite sports announcer, at the microphone. The broadcast will begin at 1.45 and is given through the courtesy O. local spon- sors.
The Daily Alaska empire., 1936-09-25
FOOTBALL GAME TO
 BE BROADCAST HERE

Manager c. B. Arnold of Station klNY, announces that tomorrow's important intersectional contest be- tween the football teams of the university of Washington and the university of Minnesota played at
The Daily Alaska empire., 1936-09-25
THE DAILY ALASKA EMPIRE, FRIDAY, SEPT. 25, 1886.

The Giants opponents in the World Series will be the Yankees who they will meet on the Polo Grounds next Wednesday.
 It will be the first time the New York teams have competed for the championship since 1923.
The Daily Alaska empire., 1936-09-25

Try The Empre ciassi1ieds for quick results.
The Daily Alaska empire., 1936-09-25
GAMES THURSDAY National League

New York ?, 0; Boston l, 4. Cincinnati 1, 0; St. Louis 5, 2. Philadelphia 4, ?; Brooklyn 2, 4. Pittsburgh 4; Chicago 0.
 American League Philadelphia 4; New York 3.
The Daily Alaska empire., 1936-09-25

Meet your friends tomorrow night at Juneau's newest rendezvous, the Northern Beer Parlor. Dance on i JuneauS newest floor adv.
The Daily Alaska empire., 1936-09-25
WINS
 FIRST CAME IN
 PLAY0FF SERIES
Single in Tenth with Bases Full Defeats Oakland
 by 6-5 Score

PORTLAND, Ore, Sept. 25. = Manager Bill Sweeney's single in the tenth inning, with the bases full, gave the Portland Beavers a l6 to 5 victory over the Oakland Acorns. It was the first game in the final playoff series for the Pacific Coast League pennant.
 
 There is a total of 732 students now enrolled in the Juneau Public Schools, 200 in the High School and 532 in the Grade School.
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-01-28
Give Chinese Play

Madame Ling's Conversion" a
Chinese play, will be given by the
Community Dramatic Players Of
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-01-28
CL0GGED
W|THICE

Here's a tip for sailors: if you
are planning to travel down the
Patomac today, leave your boat
at its dock. It's much better walk
ing.
For the first time in many years
ice is so thick on the river that the
waterway is impossible to nearly
all craft. Thus far the Norfolk
and Washington Steamboat Com
pany boats have managed to break
through.
Hence, voyagers toward the sea
will be wise to equip themselves
for a long hike. On the other hand,
accomplished skaters might reach
Chesapeake Bay little quicker.
Conditions on the Potomac were
revealed today by officers of the
Fire Departments fire boat which
failed yesterday for the third time
in three decades to carve a lane
through the ice.
The craft, Fire Fighter, at
tempted yesterday to open the
channel down the river in order
that two boats at the Fourteenth
Street wharves might reach the
lower Potomac. After nearly three
hours of ice-breaking, during
which the fireboat was stuck fast
for the longest period in it's his
tory, the attempt was abandoned
The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1936-01-28

Those radio crooners who issue
nightly requests for their boots
and saddles can have them as
far as Washingtons livery stables
are concerned.
They can have the horses to go
with them, too.
But one of the main reasons
why the Board of Trade horse
and buggy days" dinner pageant,
slated for February l at the May
flower, will not have a horse and
buggy was revealed today by a
canvass of local livery stables.
The general retort to a request
for one of those ancient convey
ances was:
what in the world d'ya want
it fOr?"
No livery stable in the city able
to fill the request could be found.
Carriages, drawn by pair Of
horSeS-yeS
Broughams, victorias, carts, run