Bemidji Daily Pioneer Newspaper, March 15, 1920, Page 2

223 PERCENT Purchasing Power of Dollar Now . as Compared With 1913 < iy 1l Shown. EXPANSION OF GIIEBIT CAUSE Man With Income of $2,000 Is Actual- _ly_ Drawing $870. Upon Basis of Dollar Value in 1913—Gold Mines Closing. . ' g Bring me your potatoes now while the prices are high. - We are equipped to buy. from a small lot to a car lot.. :Located on Minnesota - Avenue, .next - building to Nangle Store. Come in and see us while you are in town. “r pihia ' POTATO GROWERS’ EXCHANGE ‘Washington—The man with an in- come. of $2000 is now actually draw- ing $870, upon the basls of dollar val- ue in 1913, according to a statement to congress by Harold N. Lawrle, economist for the American mining congress. . The purchasing value ' of the ounce of gold, which under stat- ::‘;' e':“:otl‘:::fi? n:;:lemstm: mfe;' Slmple services marked-the obsequies of Rear Admiral Robert E. Peary, discoverer of the North pole, \whose gh inflation of currel,ch until it funeral was held In Washington. The casket draped in the colors and bearing the small United. States flag that m“ :"o longer possible for gold to be ‘Admiral Peary raised at the North pole, together with his sword, belt and epaulettes, was borne from thé. house y by eight enlisted. men of the navy, placed on a gun carrlage and taken to Arlington National cemetery. Three profitably ;produced. “Lowers Purchasing Power. ‘troops of qavnlry and a bnttery of fleld nrmlery with massed military bnnds omprlsed the escort. \:Thé’ expanslon of the national credit has lowered the purchasing power ‘of @ dollar through increasing all com- modity prices. Based upon the pre- 4 N - ' 7 . | R ~ 1lals - 1. P PRNEL (I ERRR St 2 B « S R T P war prices of 1913, these prlce:g?td- ! . = . : emOdellng i e 'i'he Iargest elec‘;"c s‘m ually advanced from 100 per cent in | : I PRI LS8 ¥ 1 If. you are planning to remodel i 1 . 7 4m-the world advertises:-~ N, SRS ! & v 1918 to 223 in October, 1619. Each in- § your HOME or STORE consult us crease in' credits has been absorbed ¥ —we specialize “in this- class “of by a corresponding increase in com- L work. . We make office and.store modity prices and has: resulted in fixtures and cabinets .of all kinds; placing the nation upon an artificial | repairs, floor lnymg, jobbing and Dlane of living. The, gold producer f:nernl ,repairing. ll‘}ot job__too finds the phrchasing ‘power of his rge; none: too small to recewe ;;lg of gold is now $9 instead of Our Walters : our, best, attention. ‘ . 'KRAMER BROTHERS : gl 0 Gold mines of the United States Do the Waltmg ; 708 Fourteenth St. I on Tlmes sc.uare, New Vork are being closed down at an alarming | sfudy'the language of flowers. Bemidji ] L 3 Cl;v' it Is 250 teet lone. 70 rate. - Many of these can never be re- She—Yes, but you can’t blame us, opened owing to the prohibitive costs ; under the circumstances if we study . feet high. Made up of 12.286 i elécmc lamps. e of retimbering and unwatering. the language of cabbne- and toma- Cripple Creek, the greatest Ameri- | toes. The fountains plav. tbe R trade mark chanzes. read- ' i LATER VARIATION. ' He+Sentimental people used to Consult JOHN OSBORN For relief for the after af- fects' of the flu,and other_ ailments. can gold camp, is taking on the ap- Z pearance of a city of dead hopes. | . . DM‘::'I '-""“;t e Whole cities are being deserted and | "5 "ol B8 ToC A00E ey o thousands of skilled miners are being | To tell where statesmanship must ead forced to seek new camps because Angd politics begins, gold—the basic monetary metal of the United States—cannot longer be pro- Eating or Sleeping. duced at rofit. & _man is often like a horse, 2 Jc:vcll’en Make Mililons. ] B‘}E:"‘g'e?;:;g:;::i: :en‘;nvl; :::e'u THE volume of ,HaxApg)gg toBfie'l;l-lg§eat Ing a“ernatelv WR|GLEY‘S ; me to t! hi The manufacturers of the United S—— pilion i our experjence benefit to many people. SPfifiRMINT, DOUBLEMlNTo States used $21,848,800 more gold last year than was produced in the United States. The gold producer lost mil- lions during the year. The manufac- J} Shower and tub baths as . well. Barber shop in con- nection. ‘ . and the thorough- . ness of our equip- ment - safeguard and JUICY FRUIT,and the Spearmen “do a turn.” turing jeweler made millions because, | 214 L ho call for 4 while his goods mounted in' values, he IF z::-“s:rvicel. We ¢ 213 Misiesbts Avends ! secured the gold at colnage price of . YOU: h ith This sign is seen nightly by about $20.67 per ounce, less than the: cost "WANT [Faarve. " them- “w 500,000 fe from all.over the worid. of production. Seventy-five years ago TO. .GET . tacy and: courtesy: 0 people s ; the world produced but $30,000,000 in THE WANT > gold per year.. In 1915 the world pro- YOU w m TO duced $469,000,000. ] GET YOU WANT The gold stock of the United States TO GET IT IN THE suffered a loss in 1919 of $292,796,000 Iiy the excess gold exports o;ler.lm- GREA'I' WANT GE'I'I'ER. ports. The government has allowed THE BEMIDJI PIONEER vast shipments of gold for export. Meanwhile the production of the Amer- ican mines has fallen from $101,000,- 000 in 1915 to $58,500,000 in 1919, a loss of 42 per cent. At the beginning of the war, Eng- land arranged protection for all of the gold produced by British mines. This protection is still maintained ghd the gold reserves of England are be- Bemidji Lodge No. 119, I 0. O. F., Beltrami Ave. and 4th St., meets eyery S{ifl;’ evening }f wo can furnul: you the lnnd of| A 81-';."3 WEEK ‘printed sales letters and cii on HAMMERMILL BOND that ing increased by imports from the m‘ us your clean ocot- ' f N Un‘ieansmfrs } nI(‘-l:\d dora. " MR} ton raga-no buttons, bande cJ Wi:::TI!I-A'(?OToL 3623 :I-uy!:: %the man whom:lh:nlf:; i or woolen cloth acoepted. s L : ‘Read The Pmnaer Wam Ad One Step and— - Youre on a Better Road! Youll save moneyby stoppin: coffee and drmklné Pos PRING Zh&ts cen‘azn ibu m&y save health and nerve efficiency— R. A. Hannah, Rec. Sec., Tel 719W || YOUX - f ¢5 Tons of Sardmes 2 Caught in One Haul E Monterey, Cul.—QCatching 45 — . e s ® tons of sardines in a single haul, 2T 4 A. Brose but forced to throw back into W i the water all but five tons “on . R 0 TOBACCONIST E account of shortage.” is the ex- i B Minn. A GROCERIES o e Keeps the: best stock .of perience of sardine fishermen of Monterey bay, according to a | The Best That Money [|| Tobacco in the Northwest, C‘n Buy also Pipes. We do Pipe Re- Pioneer Officg Ploneer Publuhmg Co. BEMIDJI, MINN. writer, who describes a trip takep with a party of fisher- men, “If we could sell all the fish we catch we would soon all be rich,” the captain 18 quoted as saying. The boat made its catch in about two hours and the writer remarked: “It is hard to be- B lleve that such quantities of food lle right at our door, and only a small part of it utilized.” Corner Eleventh and Doud Phone 657 HEHeLLEHEE Loyal Order of ARE YOU IN NEED OF HORSE HAS A CLOVEN FOOT moose, No. 15z, Lt - : Thouah Tt T T Ton S 3 e | I " Thats probable nestor Con Manesel g i T Ml s . There’s Just one simple step Visiting brothers upoenlly ilvlhd TLondon.—A bay horse with a cloven || ¢ *B "Hayt, Secy. to take__buy- a -tln Of foot Is exciting much. imterest at the NEXT MEETI 3 World's fair liere. INSTALLATION OF OFFICERS FULY The horse isthe offspring of a shire stallion and a Welsh mare, and it is suggested that his two toes indicate a reversion to his prehlstorlc ances- wll.’s‘rehisto':::: tlxort':sesolmd t:nt';e or nl]loe:: For QuiCk and Expert e e e nome tamy. Phe- || Shoe Repair Work . Letter Heads ; e e s aetos|l Bhiny ir Sead Yof? Call at Pioneer Office Costs less than coffee o ' ek 6o Phones 522 and 923 Has a rich satisfying flavor “Mark Him Duty.” 9 ° o 5 e i e Ready instantly'in the cup GOOD WORK IS OUR SPECIALTY this morning. Can’t you do something for it? - Br-Army Medico (just out)—Get out SHOP = of here! Don’t you see 'm busy? There |} 511 Beltrami Ave. Bemidji isn’t anything the matter with you, Jou gold brick.—The Home Sector. P Made by Postum Cereal Co. Battle Creek, Mich.