davidaulloa/AmericanStories huggingface dataset:
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Art OF Persuasion

I'm order 10 tell the truth dra-
n'Htte4iiv. advertising h ou ! d
Ink itself in the public mind
as a tool and symbol of the free
enterprise system. II is an IN
strument for registering the fact
that in free America business
seeks 2 market through the art
a persuasion. which recognizes
that the customer is the boss.
On the other hand, quasislave,
totalitari8n countries, where the
decisions as IN the(zchoice of
goods and the Use Of facilities
are made hv- little men in big
{ governmental Jobs, there is no
need for advertising
Every purveyor Of salesman
ship through thc printed or oral
word IS a reminder that the
individual in the United States
stllle retains tho privilege of
free decision. Mus. advertising
is tool Of the democratic way
Of life II should not he dubbed
"sordid. " on tho contrary. it is
an instrument for spiritual
values associated with individual
TTrcU0f11, The technique OF dis
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Advertising Association
Ready to Sell Itself

tempo by which products and
services circulate. Thus. il can
promote economic equilibrium,
which is the basis of a flourish
ing national economy.
- Advertising can also be en-
ployed to sell the business as
well as the product" II can
eliminate the social friction
caused by misunderstanding of
the functions of the modern
corporation. II can be en-
ployed 10 interpret the voters,
customers and employees the
role of the modern corporation
in present day society. That is
so-called institutional adyertis-
ing, which in effect can he
bought at a discount nowadays
when high corporate and excess
profit taxes tend to make the
government co-partner in
paying the cost of advertising.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
A Cultural Force

When it achieves its best pos
sibilities. advertising IS a Gull
tural force. II contributed TO
the mission of industry 10 pro-
mote better living among the
people.
When in war or in emergency
preparations for war. industry
digresses from producing better
living for the people to make in.
struments of destruction, il no
longer experiences the same
need TO advertise. The arma-
ment industry does not appeal TO
many customers. but TO a con-
centrated market, namely gov
eminent.
In the now complex economy
under the power age. advertis-
ing has new and important func-
lions. II enables a people to
make full and intensive use of
capital equipment by promoting
the demand for more and better
things. Under the modern setup.
prosperity stagnates unless there
is a continuous circulation of
goods and services through the
economic arteries. II is the lob
OF craftsmanship 10 speed up the
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Easy TO Prove

L remains only - prove that
gold docs not determine the
purchasing power OF our cur
roncv dollars. This is easy 10
do IN 193Hfbe>tuaniity Of gold
in the mythical gold dollar was
cut from 1872 grains 10 1871
grains Of pure gold This re-
duCed the value Of the gold dol
lar A. per cent. Therefore. II IL
had been our standard. the value
Of paper dollars would also have
fFffCr7 4 7 TJr'T- 7-T7rrt'. ami thc pi1CcS-
Of other goods would have risen
somewhat in proportion. But
actually commodity prices that
averaged - in 1884 have aver
sct-ti r1r1iv tftt1otftt 7 7 I IN 81 SIZE.
TfTT7T1TrT WY 70 put r. we
marked IN tho price Of gold
from $50 10 S35 an ounce. If it
were our standard. the purchas-
inc power Of the dollars we use
would he down in proportion.
and commodity prices would be
much higher than they are now.
In short what is done to geld
does NOT affect our prices. This
proves that gold is not our
standard Of value.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Index Question

From New York City come
certain questions concerning the
reserve systems new figures on
industrial production.
Is this index not designed to
show month-to-month changes >
Yes, but Il is also designed TO
show the relative levels from
year to year. This is. emphasized
by the fact that the index is
manipulated to make il fix hien-
nal census figures.
Isn't II more accurate than
the old index as a measure of
nonthto-month changes. be-
cause II is so much more inclu-
sive No, incluSiveness does
not make for currency. In fact,
one great lnaccuracy of the in
oeX comes from striving for in
cluslVeneSs al the expense of
accurate figures.
Is II any excuse TO saw that
there are no standard units for
measuring industrial products 3?
That IS just confession of in
accuracy. The truth is that
there are enough units pounds.
tons, yards pieces. etc9 that
are reasonably accurate TO give
a good sample Of all production.
Of there were not. such an in
dex should not be. compiled at
ALL
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Should Supply a Basis

An index of industrial produce
ton. as one of its great values,
should supply basis for judg-
ing how active industry is now
in comparison with past periods.
II an index because Of using
non-standard units. can't be
compared from year TO year, il
cant be compared from month
10 month The fact Is that the
reserve board uses man-hour
figures taken from biennial
censuses. and interpolates the
monthly points in between.
Does that give accurate monthly
data2 The same goes for its
estimated other nonferrous
metals" and other stone, clay,
and glass"
Some of its figures are so
cratic that il uses a three
month moving average Docs
this give "month-to-month' &C
curacV?
The only consistent way to
use The census technique that
the board tries in the non
ferrous metal case would be 10
apply ~ 10 all cases. so as 10
estimate 100 per cent Of all
manufactured products
The system of weighing" is
both bad ard important. Not
only are the weights fixed but
als0-thcy are based on the price
Of the product. after deducting
expenses for materials. fuel. etc.
This Is Thoroughly bad both
from Iu9rlng fne relative IN
pOrtanee II indusIr1es. or for
comparisons from year 20 year.
Il gives zee cream more weight
than railway equipment. The
totsl value ADDED ~ manufac-
ture was actually Is per cent
lower IN 1887 than in 1923
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

Demand
Af Record

NEW YORK. Dec. 31.-In spite
of reduction OF approximately
A per Gent in exports of gasoline,
the sharp increase in domestic de-
mand in 1910 as the year closes
indicates that the total demand
for this major product of the oil
industry was approximately %
per Gent higher than in 1889 to
establish new record.
Domestic demand during De-
cemher.-- based on figures fnrthe
first three weeks, ran approx
mately S psI cent higher than a
Xear ago. Exports. on the other
hand, likely will show a reduction
of about 40 per cent from the
1886 900 barrels shipped ottt- Of
the country in December. 1899
For the full year 1910 the indi.
cations are that domestic demand
for motor fuel will come close to
500, 100000 barrels, which coupled
with exports approximating "a
000.00 barrels, will lift the total
to 614,000O0O barrels. The fig
ureS in 1899 were $50, 100000 on
domestic demand and 4463S, 900
barrels of export, an aggregate
of 500 147 900 barrels.
Exports during 1910 incidentally
were the smallest since 1923, when
they totaled 2l094 900 barrels.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Stock Market
Mixed in Dull
Trading
international New. serv4e. Wire

NEW YORK, Dec. 31.-The
stock market today opened its
final trading session of the year
with a mixed and quiet trend.
Cash sales accounted for a large
portion of the early volume.
Few groups displayed a uniform
trend. as light profit taking was
attracted to many issues following
the rise through the five preced-
ing sessions.
Minor gains included those in
Sears-Roebuck, General Motors.
Bethlehem. Texas Corporation.
Union Pacific, Cerro de Pasco.
General Electric, American Tele-
phone, and Johns-M anville.
Equally modest losses were in
CURED by United States Steel.
New York Central, international
Harvester. Chrysler. Montgomery
Ward. International Nickel, Ken
necott and American Tobacco "B."
Eastman Kodak stood out with
an overnight jump of a point.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Forbes
How Employers
Can Be Happy
Even These Days

How can an emloyer be happy
even in these times?
Looking back over more than
40 years of mingling with men
of affairs in other countries and
here, would say that a fewer
percentage of employers than
employees enjoy life.
Responsibilities sober. They
cannot always be cast off when
the whistle blows. Most execu-
tives, consciously or subcon-
sciously, keep thinking during
most of their waking hours as to
how they can plan for tomorrow.
A few moments ago ! read
this in the Efficiency Magazine,
of London, owned and published
by Herbert N. Casson, who has
passed the Biblical allotted
span OF three score years and
ten:
II am now working from Q
a. m. to 3 p. m. with short
breaks, seven days a week. My
office girIs-who move down to
an office In the shelter when
the siren sounds. go home at 4
p. m. and we have five-day
week"
l have yet to meet a shin
ingly successful business man
who confined. his work TO regu-
lar hours, Any one who hopes
TO become 1s1t overseer of many
others frtust- he prrparcd-to toni
overtime-without extra pay.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

after a month or more of
steady employment, the renewed
earnings of many people for
merlx- unemployed Will he -circn=-
lating in sufficient volume to
create means for additional
motor car purchases"
Frazer points out that the
workers themselves only re-
=een1l4-re-en4nfeHed- Cannot he
expected TO invest their first
earnings in the purchase of an
automobile. However heir first
expenditure on accumulated
debts and for other immediate
necessities will put large sums
of money into general circula-
ton 10 create new measures of
prosperity in other fields. -
WHY'S latest stimulus from
national defense came in the
form of a 100000 navy con-
tract for powder and ammuni-
ton hoists that swelled its
backlog of armament orders to
approximately $4,000 600.
At present the company is
producing shells and other or
dinance parts as we'll as scout
cars and truck forglngs- utllIz-
ing almost every available foot
Of floor space in the huge To-
ledo plant for national defense
work.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Detroit Produce

APPLES Michigan bu crates U. s No
!. ~ inch Delicious. 81. so y rs: Rhode
Island Greetings. soc y 81; Kings. eoe 81 !.
Mcintosh. s125al.50. spys. 81 25H so /;
Wageners, s5oasl. Jonsthans. ~ inch, 81
p125
oCADoEs-calfornia. fats. 1ss-3os
sis0H2.
ANIsE-canfornia. Los Angeles crates
BEANs-Florids bu hampers. Black Val
sntines. best. $3a325. nat. wax. So as.
BEETs-Texas y crates. 3-doz punches
$50.
BROCCOLI 49, California. crates. $3.50
ekBBAGE-New York. so-le sacks. 80
45c Texas Los Angeles crates. 81 rs
Nirlinia. ! p -hu hampers, 81.
CARROTS-CaNfarnl8 Los Angele
crates e-do1 punches 50 75n4.
OBSERVATION-DISCLOSURES pony crates,
CELERY California p crates. washed
s. IS Florida. wire-bound crates, washed
- p ~ Michigan, % crates, m the
rouEn. 10 doz. S175q1 So; squares,
hearts s. s5c do1-stalk lunches s5c.
GRAPEFRUIr-Tex Marsh seedisss
slfe. bound boxes. S2.35a2 so; Marsh
CRAPS = California Jugs. Empsrors
Il. =. fancy 81 75nlsS; fair quality
SIS KMefs. 22-ih luFs 81 9oH2.
LETTUCE Los Angeles crates, Icsberg
'rf -..f -.
oNlONs-ao-Ib sseks o. S No l swee,
spanish. 3-incn and lArger Colorado 81 50.
Michigan Nei0Ws. % soc 21nch and
large 20 75c 1o-ib sacks l0c. whites.
81. sweet sEsnsh ? inch. 81.
ORANGES California boxes. navels s.
H3 lH- tiNica STANDARD boNss. SZ.i51
80 wi-e-b bound boxes S2r2iS.
PEAS Ri hamperF. California. 81 Flor
ifa. 81 hnu2 s..
PEPPERS - g -bu crates. California
-E-------~< ----7 -
swaH SIZE S1u3 ST.. Hot peppsrs hu
hampers S. -5r225
POTATOES S 80 T. 1op-lh SACKS
lsaha K.ssets Sl5s41so. Maine. var
Gus saretIes SiAoH 81 Michigan CHIP
rssas and cobn'ers 81 20. Green Noun
talrs. 81 $50 e.. RuSset Rafais. 81 l5a
rs. l1sHa Fussets. in-In sacks. 20 b. pc .
ls-ia SACKS Maine various varieties IS
nzic, Michigan Green Mountains. % \
81
Z HADIsHEs-Ts1ss crates. $500 punches.
EurAHAGAs - canada. so-lo sacks
Wanef eUHtsr
sPfNACH Teas bu baskets 7s1 soc
sa t.f-T TOT rDES-J = No 1 ~
crates Porto Ricans Louisiana. yiTsu
- tennessee s. SOIL s..
TaNGtRf&ES-t lnrids y boxer. 81 p
TOMATOES - Hotnous. SO baskets
on medium. 81 5oai.to. fepacks. l0-lu
cafsags 90 s..
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

Rebounds
To 9j Pet.

NEW YORK, Dec. 31.-Steel
operations for this week are
scheduled at 95.9 per cent of inget
capacity. compared with sos per
cent in the previous week. an in
crease Of Isl points or 1S7 per
cent, according 10 the American
Iron and Steel Institute. A month
ago the indicated rate was 96.9
per cent, which was a gain of
three-tenths of l point or three
tenths of | per cent over the pre-
-eeaiHs- u'eett--afftft WIS titrr-irig.1cst
for the year.
The following table gives a COM
parlson of the current Q schedule
with the nearest corresponding
week of previous years, together
with the changes from the week
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Livestock Markets

cATTLE-Rece,pis, 500: market steady
ana active Choice 10 prime yearllngs dry
fed, 81 So@ -. good TO choice warnings.
dry fed. $40 sou II. so: choice to prime
heavy steers. dry fed. Sl1 80 a 10 So good
10 choice heavy steers. $40 so n II so short
fed steers. SIS 50 y $50. best grass steers
and heifers. S7.750S75: fair To good
grass steers and heifers 50 so n SO. COM
mon 10 fair grass steers and heifers S.
as best COWS S6a650; far 10 good
beef cows. s. 5066 Gamer and cutter
cows, 50 75T Is old rims. s. 30 down
hest hight butcher bulls 81 SO. hes,
heavy weight boloEnas. So IS n 25: me-
dunn weight bologna bulls SIS 25s1s IS
Light common bulls, SSHs stock bulls.
81 So so. good 10 choice stockers and
feeders. SsH 10 So. common to fair
stockers and feeders S6a750; mixers
and sprinEers. $50 n 81
VEAL CALVES Receipts. 80; market
soc higher Best calves. Sf4 far 10 good
Sl2H 50 seconds, $40 Il so: culls and
common. Ss4a 30
SHEEP AND LAMBS Receipts. 2 ooo
market use lower Rest LAMBS. $40: far
10 GOOD. Ssna 80; seconds S71s25: Sc
lecis. $40 % hes, sheep rs heavy
"a sheep, 81 50 30 oulls and common
Receipts. 200; market pros.
poets stesdv.--Ir
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Termed Unsound

IF thIs system Of weighing be
good how can You defend the
index which now indicates m
dustrisl production a. a record
high. above 1872
As 10 taking IN new indus
tries. II is one thing carefully
70 allow for growth and change.
and quite another thing sud
denly 70 inject DO The middle 81
a seriez- d croup rap-4l. esse4.i--
ing relative percentage in-
deXcsl This makes cOmFari-
sons with earlier periods m
possible . - A.
I believe tbe neN -TseHe,
board index is thoroughly un-
sound IL nov Isssfes produc-
ton seem % bn fFr above 1857
ard 100 J. now Suggests
great danger Of oVerproducu0n.
These indications are false
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Recognize Truth

Much of the sweeping criti-
cism of advertising in general is
based on a strange literalnesS.
There is a failure TO allow for
the human trait of advertisers
10 put their best foot forward.
If vendors did not do this. they
would get into the tangles of
the participants in the play of
some years back entitled Moth
ing But the Truth. y
Within those limitations, as
tute advertisers recognize the
sales value of truth and UNDER
statement. The vendor who in
dulges in material misrepresen-
tations of fact hurts not only
himself. but reduces the capital
of public confidence on which all
business depends.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

chapter which helped boost the
circulation of George Slocum s
AutoniotiVe y Jews in which
they appeared. 1t now comes
IN book form-publiShed by
Arnold-PowerS Of Detroit.
Who Me-" by Chris Sinsa-
hauCh tells story of the in
duStry from beginning to the
present day when its production
methods are turning up trump
card in the game of war. Or,
forgetting the grim present It
offers interesting reading about
the glamour days of cycling that
produced the forefathers of the
automobile business.
1t tells the whole story Of
what happened in the past four
decades. And tells II not in a
manner derived from digging
statistic 4lr a4444-- El44t4zt tonnes
But in a manner based on the
personal contacts Of the author.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
MOTOR Freight Traffic
Eases in November

NEW YORK. Dec. 31.-After a
steady climb that began AZ midi
year and approached record leveld
in October, volume OF revenue
freight transported by motor
truck suffered a slight seasonal
decline in November. according 10
the American Trucking Associa-
tions November volume dropped
SO per cent below October but
WAS per cent above Nover1-
Der, 1899.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Fords for Uncle Sam

First of 100 Ford sedans to
be used by United States Army
officers began rolling off the
assembly line AZ Ford Motor
Conpany's Rouge plant this
week.
Government specifications call
for a sedan completely devoid
of chromium trim and painted
in the army's traditional olive
drab color. Each is equipped
with. sblack-out' lights both
front and rear.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Visitors

Ted Ellis the veteran driver
who used TO race his 16-valve
Frontenac in competition with
Ira Vail and Ralph DePalma on
the old dirt track circuit, was
Pontiac visitor recently.
Ellis came 10 Pontiac To pick
up his new Torpedo Streamliner.
He is engaged IN test driving
these days and viii use the car
in a sealed crankcase test from
New York to California Spon-
sored hv a Coast oil company.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

Advertising has been construc-
lively employed in the United
States TO sell everything save
advertising itself.
After taking II on the chin
from superficial political critics.
advertising. through local clubs
affiliated with the advertising
federation Of America. will make
q nationwide demonstration OF
the educational and social values
OF selling through the printed
word.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Grains &c Off
To Hc Higher

CHICAGO. Dec. 81. - Wheat
Opened NC lower to Nc higher
today. corn unchanged 10 &c I'D
and oats sco
Wheat--May S6s. n $3.50, July
81 &c, September Slhc.
Corn-May 627s q 63c, Septem-
Der 62Ac.
Oats-May 367sc.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Hayes Registers with SEC

Hayes Manufacturing Corpora
ton has filed registration state
ment with the SEC GOVERNS
2001S9 shares of 81 par common
stock to be sold to the public at
the market price, and 100000
shares TO be sold under separate
contract at $3.50 a share.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Metal Markets

New York and wholesale nonferrous
metal quotations supplied by/ Federated
Metals division Detroit spot 90 aes-rrrt
TN. nominal New YORK. 30 TO- future TN
30 o.. lake grade. copper, delivered Mid
west L electroIytic spot. smeHer 12a
70 So casting copper u l25. ST. Inuls
WI : 70 ST LOUIS zinc 7.2S. View YORK
animarf - virgin aluminium L.
Tin quiet. Copper frmer fairly active
Export COPPER. Do 375 dt2 On; resale, Il Is
n y 5n 'sad and ztne moderate Anti.
mony quiet. Pound stsTlhg St04 IN.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
25t Common Dividend
By Amer Box Board

GRAND RAPIDS. Dec. 81
American Box Board has declared
dividend Of p cents on the
common. paNahl6 January . 10
stock Of record January 10. The
previous payment was IS cents
nov %. 1887
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Kroqer Sales Up 8 Per Cent

CINCINNATI, Dec 81. - Sales
of kroGer Grocery and 3 kin e
turrpaHv fOT fg4O We're approXi-
mately s per cent larger than for
1899 and greater than for any
year since 1890 ccording to
Albert Fl Morrill,. president.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

International News Service Economic Commentator

tribution is sordid in dictator-l
ship countries where edicts and
rations are made by the higher
ups.
Advertising should be pre-
served not simply 10 preserve
the freedom. of the business
man 10 express himself. but for
the more fundamental reason
that il facilitates the exercise
by the public of its underlying
liberties.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

a u [ onoblles,
in the opinion
of Joseph w.
Frazer, presi-
dent of WHY'S.
+ + a z e r
b a C k $ h s
[ o re cast on
the stinulant
of & ov n
nnent orders
and the re-
employing n t
6 aims which
h az G b c @ n
made in the
m a 10 rity Of
in d u $ tri al
c enter rs. He
believes that:
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Who Me?

Chris Sunsabaugh-the dean
Of auto editors has Just COM
pleted a 42-year iob--writing
book
Forty Of those years were
spent becoming a cog IN this
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

great a UT o.
motive indus
{ v a n d
becoming al
most as I'M
port a n I a
part of it, as
II has in the
lives of 150.-
100000 Citi-
zens of these
l. n i I o q
States. T h @
o { h @ r w o
ye a r s were
s p c n { in
grinding out
{ h g weekly
chapter after
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Detroit Poultry

Market steady. Hens. sversrs run. Isc
cocks. So Toe: rock springers. ale, isshorr
hshs-3 tbs ana up fte- issioru springers
13e hen turkeys pc: tom turkeys. isc
ducks white 3 lbs ana UP. lie geese. lac.
EGGS--Msrket steady. Current receipts
II g. bndergrades, Ia isc
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Scratches

International News service Wire
At TROPICAL PABK
Nesfhir. clear track fast
flru Haee-rhaeafs. ~heknaVs. Top
Qufrn HahdL ptrAta. anbuscade
second Race-m Gold Reversal.
Third Rare-Hrrs AEatn
FtEhfh RarF-frs Pinch. Hiilhland.
~uuvr Iehni bi.ssnlhler, Girnsa, Bind
Hiarosf.
Gen. Hugh - ] n n 80 n,
Americas Fighting Thinker
Writes Daily for the Times.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
SouIIess' Era Past

Happily that "soulless' era
has been. although all too tardily.
on the way out during the last
20 years.
have never known any
hard-hearted. d. grasping. slave
driving employer or executive
who enjoyed happiness when he
became aware that his days on
earth were nearing an end II
could. bur charitably, won't cite
specific instances
On the other hand. I have
known and still know. large
numbers who. having played the
game humanelv. have derived
happiness, have enjoyed serenity,
have maintained faith and con-
fidence throughout all the
grueling years of depression.
Happiness is from within"
True-blue happiness springs
from giving out.
Employers and executives have
larger opportunities today than
others for giving Qua. for treat
ing others considerably. for
promoting the wellbeing OF
many.
My advice TO every employer
is TO make this his number one
new year resolution:
II will earnestly strive more
than ever before to make IL
possible flor my co-workers to
enjoy more abundant life"
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31
Gives Positive
Proof u. 5. Off
Gold Standard
Nv LEWIS HANEY
Professor 81 Economics, \. \. University
a New York reader asks:

4 New York reader asks:
rs the United states not on a
gold standard ."
Answer: Most definitely and
oTpf5fica}lY. this country is rot
on a gold standard The most
direct proof is as follows:
4 monetary standard j that
which determines the value OF
the currency unit-in our case,
the dollar B1t Ore foid dollar
does not determine me value Of
our paper dollars. which are our
currency UNITS Therefore gold
is not our THonetary standard.
Detroit evening times. (Detroit, Mich) 1921-1958, 1940-12-31

plague Inc world today can rule
out the golden rule.
Copyright 1870 nv e FORBES
Air Associates, Inc. for the year ended
September 80 had a me- proht of Si09 rs
equal after dividends on The 81 cumulative
convertible preferred - 81 ~ share on
Ill fs shares ~ common. against s2f e39
or 81 0s a share on 20 sst shares Of com
mon in the preceding wear.