Bemidji Daily Pioneer Newspaper, May 19, 1920, Page 3

WEDNESDAY EVENING, MAY 19, 1920 EUROPE NEEDS 30 |CREDIT MUST BE ‘N'orthwestel‘-n News ACCOUNTANTS TO MEET IN 8th CONVENTION (By United Press) Minneapolis, May 18.—The 9th an- nual copvention of accountants and ‘business officials of the public schools of the county opened here today. Many prominent speakers have been engaged for the sessions. ODD FELLOWS IN THREE DAY SESSION (By United Press) : Watertown, S. D.,, May 18.—The Grand Lodge of the I. 0. 0. F. and Rebekah assembly were in session here today. Odd Fellows and Rebe- kahs from all parts of the state were here for the three day conclave. SPECIAL ELECTIO™ AT “ WATERTOWN, S0. DAK. (By United Press) ‘Watertown, May 19.—Voters will decide at a special election today ‘whether additional bonds to the amount of $200,000 shall be issued to build;, equip and operate a munici- pal light and power plant. At a prior election more:than a year ago, the sum of $175,000 was voted for this purpose but it was found insuf- ficient. . CLUB WOMEN HOLDING ANNUAL CONVFNTION (By United Press) ‘Wahpeton, May 18.—Club women from the Fourth district comprising ‘Cass, Ransom, Richland, Steele and *Traill counties are holding their an- nual convention here today. Mrs. H. T, -Bailey, chairman, of Fargo, will preside. . 8ubscribe for the Pioneer. THE BEMIDJI DAILY PIONEER - YEARS TO REBUILD| GIVEN TO PRODUCTIVE London, May 19.—tIt will take thirty years for Europe to regain its|. pre-war stability and settle ‘all the various disputes and conflicts going on in Europe today as a result of the world war.” That was the considered statement to the International News Service of a highly placed official at the British Foreign Office in close touch with all European developments today: " As to Russia he ventured the state- ment that it would be at least two years before trading on any worth while scale could be established with Russia, presupposing there was to- day an acceptable Allied plan which could be carried out. . “If all the freight cars in all the European countries—England {in- cluded—were gathered together and then sent into Russia there scarcely would be enough transportation to meet Russia’s immediate needs,” he said. " “It all the European railway wag- on-works started working overtime today and kept at it for ten years then Europe’s .transportation. ser- vice would begin to be satisfactory. “In Russia, for instance, but six out of every hundred locomotives are in condition to be of any service; parts have been removed from the others for repairs.. Practically all the locomotives are burning wood fuel. Similar conditions exist in Po- land, Rumania, Serbia, Bohemia, Hungary and Austria and in large areas of Germany, and some sections of Belgium and France. This official was pessimistic about an early termination of the intermit- tent and prolonged meetings of the Allied Supreme Council. “It looks like they will be meeting for years trying to settle and keep settled such things as boundaries, mandates and superimposed inter- national decisions. “The situatfon is quite different from that of eighteen months ago, when the Allies had huge armies to carry out their decisions.” 'IIIIllllllllllllllllllll!llllIIIIIIIIIIIIIIIIIIIIIIIlIIIIlIIIIIIIIllllIIIIIIIIIIllIIlIlIlllllllIIIllllllg MiafiMbliflill:-lit}wa;onISilev ENTERPRISES CHIEFLY Banks Must Finance Agencies Most Essential in Restor- ing Economic Power the upbuilding and restoration of our economic power, to the reintro- duction of a normal level of prices, dnd to the promotion of more equit- able distribution of wealth. In this process we have need not only of the « |utmost resolution and good judgment but also of the most detailed and ac- curate information which can be gathered with regard to business and economic conditions. * “The productive business man is, above all others, properly entitled to Ithe use of credit; indeed, it was for the promotion of industry, agricul- New York, May 19.—In a notable ¢y, nd com address on ‘“‘Scientific Distribution of ;ur;ra" qyste:nn e:;i g‘?:bffl?mfi,ed‘fi; Credit,” delivered at the Silver Jubi-|desire and interest in this whole lee convention of the National asso-|matter is evidenced by the fact that clation of manufacturers, at the Wal- | he 4 duly represented upon the board dorf-Astoria hotel, here Henry Parker | of Federal -Reserve banks. To him, Willis, director on the federal reserve [ therefore, we must look for sympa- board of the New York district, de- thetic and friendly study and coop- clared that in spite of present dis-|eration in the task of developing a turbed conditions of prices and credit, the federal reserve banking :system has demonstrated: its great useful- ness to,the country and is'the main reason for' the United States being in a stronger and better financial con- dition today than any other nation in the world. Mr. Willis appealed to the manu~ facturers of the country to aid the|, federal board in its effort to secure a continuous supply of accurate in- sound system of business analysis for the purpose which I have attempted to describe to you.” " BANQUET TONIGHT (By United Press) » St. Paul, May 19.—Bankers of the formation and general knowledge of [third congressional district group resources, stocks of goods, produc- tion, and empioyment. ;“It is a time when many demands upon our credit supply enevitably present themselves. The problem of our banking system is that of ap- portioning sound credit to those agencies which are most essential in of the State Bankers assoclation, will hold their annual banquet here to- night at the Minnesota club. The tenth district gréup will banquet to- morrow in Minneapolis; and the first group will meet at Owantonna next week. Other district meetings will be held between now and June 17. meeting here today at a call from Sveinbjorn Johnson, state chairman, DEMOCRATS TO NAME PRIMARY CANDIDATES |marics. ” Candidates for the staterate ; fices, for United States senator and@ (By United Press) . |congress will be named. ‘Each leg- Fargo, May 19.—Democrats are |islative district is entitled to ten rep+ You’ll Like It The first choice of millions of housewives for over a quarter of a century. ’ Proved best—most economical by many tests. Makes most palatable and sweetestof foods. Calumet Baking powder isused by more Domestic Scientists, Chefs, Restaurants, Hotels, Rail- roads, and Housewives than any other brand. g . ~ Call for(:alumfiakingl’owder. A Jolson Sings To, Spanish Sweetheart A song with'more than a touch of tabasco is! “That Wonderful Kid from Madrid.” This exclusioe Columbia artist sings it with such mzp} iand swing that this latest Sinbad hit gets a laugh with every line./” "\ A-2898—$1.00 :;heu_ used to call a man a“sport” when he bought an automobile i JThis"tenor” duet” by Campbell nd Burr is a tender dream of the long ago telling a pickaninny’s. memories of his mammy on the: Mississippi. Coupled with “Rose’ Virginia,” a beautiful love song' by Heary Burr. , A-2908—$1.00. [ ' Come in and hear shipped at once. ¥ y %/ Lewlis Trombone )’ You can’t resist the jocular mirth of this- / (first laughing trombone record by these ‘exclusive Columbia artists. “When My Baby Smiles at Me”" is a happy fox-trot ‘fu“ cf fun. Coupled with ““Rose of Wash-, lington Square,” a popular new medley | ‘fox-trotby thoseexclusiveColumbiaartists, 'the Kentucky Serenaders. 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A man spent a lot of money on his car and never thought very much about what he was getting in return. [/ . When a man buys a tire nowadays he has a pretty definite idea of what he ex- pects to get out of it. The dealer who sells him one that gives him Jess than he expects isn’t likely to get any more of his business. That’s one of the reasons why we handle U. S. Tires— and recommend them to the Select your tires ac- cording to the roads they have to travel: Insandyorhillycountry; wherever thegoingisapt ¢o be heavy—The U. 8 motorists of this community. m The U. S. reputation for quality is not built on any one tire. There is not one'standard forlargeU.S. Tiresand anoth- er standard for small ones. . Every tire that bears the name “U.S.” is built the best way its makers know “how to build it. The oldest and Jargest rubber concern in the world cannot afford to play favorites in seeking its public. _' 1w Come in and tell us what you are looking for in tires.. We can probably tell you whether you need a U. S. Nobby, Chain, Usco, Plain, or a Royal Cord. For ordinary country roads—The U. S. Chain or Usco. For front wheels— The U. 8. Plain. For best results—every- where — U. 8. Royal . SO CORD- ROBEY-CHAN-USCO-PLAIR Cords. mUmte d States Tires 'C. W. Jewett & Company 'The HALLMARK Store Bemiidji, Minn. IlIIIIIIIIllIlIIIIlIIIlllIIIIIlllIllllIIIIIlllIIlIlllIlllIIIIIIlIllIIlllIlllllllllllllIIIIIlll“llllllllIlllllllIlllllllilllilliill,lllIlllllllllIllllllllllllllmlllllllIlllllllllIl|l|lllllllllIlilllIlI_lllllllllllllllll]lllllllllIillllllllllIIIIIIIIIlllllllIIIIIIIII"IIIIIIIIIIIIIIIIllllllllllll' Dalton Block Phone 16 200 Third Street Bemidji, Minn. J L 4 N