The Bismarck Tribune Newspaper, October 15, 1919, Page 8

Chase S. Osborn Explains a Money Standard Based on Life Values Instead of Gold. BY CHASE §. OSBORN, Author, Explorer and Former Governor of Michigan. No one has offered the slightest ar- gument in refutation of the plan, of- fered by Prof. Irving Fisher of Yule,! for stabilizing the dollar, | Prof, Fisher explained in his articles written for The Daily Tribune that a large part of the economic disturbances | preyalent throughout the world wa the result of the inflation of curren Examples hardly are needed to point out how the American dollar has de- 4 ed in buying-power in recent years. | Gold has for centuries been the standard of money value, ‘There is of- ficially reported to be $9,000,000,000 of gold in possesion of all nations, and of this amount the United States holds one-third. The total debts of the na-j tions are $140,000,000,000. GOLD DOLLAR UNSTABLE Gold has a very limited utilitarian | value, and a dollar which represeats merely a reserve of so many grains of gold cannot be stable. It has been pro- posed to vary the gold value of a dollar from time to time to keep our money stanrdard from deteriorating. But why not fix the value of a dollar according to its’ power in supplying the very stuff that life primarily de- pends upon—the calorie, o1 heat unit, of food? in my search for a possible norm or, unit of money measurement, I have) talked with bankers, railroad _ presi- dents, state and federal judges, mem- bers of congress and high executives of Former Governor Osborn has studied economics in every country in the world. He i plorer. As ilway commissioner and later las governor of Michigan he instituted numeroys reforms, His novel suggestion of a calorie dollar is receiying serious attention from money financiers and economists. a noted mineralgogist and ex- wae ‘flation;'to keep it stable at all times. our great corporations. And the more I seek, the more convinced I am that the calorie standard is the mest practical. The ultimate value human know in this world is: life, j here to!live. All effort ist end. We fight to defend life.§ Life is measured’ in heart-beats. <ahusl pelus| i | weakened by vasts debts. dollar would remain always the same. {It would always have the j purchase. so) many nece! | clothing, modtties otlier than food can be fixed! Money over all the world has been The calorie power to calories of life's Tam asked how the calorie value of luinber, fuel and other com- ALL VALUES IN CALORIES scientists can inform us almost exactly | of the number of calories requ each day to keep the heart They have determined | the Simply by determining the calories “‘ueeded to generate the human ene! needed for the adult, doing pended in producion a coat, a blank, ‘ : 1 ton of coal, Cost scouting figures manual labor; for the child at schoo; qoan to minute fractions of a t the for the student; for the housewife and eee een ane a iw a large in. the mother, 2 © cost of every operation in a large in- s dustry, Calorie costs could be similar- CALORIE NEVER CHANGE lly computed, and once During the war, most of us became! upon, would never have to be changed. familiar with the calorie method of) Introduction of the calorie doller measuring food value. The calorie is) would not change our system of finance, an unchanging unit, It is the amount would not. modify the bookkeeping of heat required to raise one kilogram | methods or upset king polici ct of water one dégree Centigrade in tem-| would glve us a substantial, unchans- perature. The number of calories in ing dollar, repr ating actual» life Xho pounds of flour, -or beef, or values, instead of a fluctuating, uncer- or potatoes can be mathematically mIe| tain dollar, representing a quantity of termined. gold stoyed in a t ury vault, {1 believe that a calorie-dollar is} Instead of mei ing the real values needed to keep our currency from in- bane life in gold, which has no life value, determined | | BISMARCK DAILY TRIBUNB {t would be wiser to measure gold and everything else in units of life values, The ‘gold standard is the result of a declaration, ‘A calorie standard can be substituted by a declaration, A League of Nations or an international agree- ment could thus correct the money er- rors of the centur FAMOUS DETECTIVE IN FICTION —STONE SEEN IN “VICKY VAN” Ethel Clayton in Dual Role in Deeply Mysterious Story by Carolyn Wells Who, that loves a detective story, is unfamiliar with that famous character created by Carolyn Wells, the Ameri- can Sherlock “Holmes, and hero of many of her novels—Stone. He will be seen in the flesh in “Vicky Van,” Paramount’s screen version of one of Miss Wells’ latest novels, in which beautiful Ethel Clayton is the star, and which will be shown at the Bis- | marck theater tonight. “Vicky Van” is a modern detective story with all the attendant thrills of a narrative of that description. It will appeal to all who like a romance with a touch of mystery and much suspense, Miss Clayton is ably sup- ported by a fine cast and the direction by Robert G. Vignola, is said tobe highly artistic. -— TRELAND ALANNA, ACUSHLA MACHREE! Dear Ireland, Mavourneen, Will you never be free? Dear Isle of vain hopes, My prayers are with thee. Must you bow to the banner That but rivets your chain? Must you. still shackles Of oppression and shame? CHORUS: Oh, Ireland Alanna! Oh, Ire- land Asthore! When I see ‘your brave struggles I but love you the more. | Oh, Ireland Alanna, Acushla Machsee! Dear home of my father, My heart bleeds for thee. wear the Dear folds of Old Glory, In your home of the brave, Can’t you reach out to cover Those oppressed o‘er the | wave, | Who fought for your free- dom ? Is it nothing to thee, That ‘they still wear the fet- ters While all others are free? CHORUS: STAGE SET-FOR INVASION OF EL ZAGAL SHRINE Over State Pilgrimage of Fargo Orientals Will Be in City This Saturday Local Shriners and “Masons ard pre- paring for a big celebration when tke over state pilgrimage of the EL aia temple of. Fargo visits this day. ‘The Shrine spectal to arrive a 25 o'clock night and from tbat time midnight the visitors. will dined and danced, The caravan consists of the famous El 4agal temple band of 55 musicians, the ‘Arab patrol of 48 men, the Chan- ters of 16 voices, the Oriental band of 25 musicians who dispense — wired Egyptian tunes, the desert guide, divan and general nobility, The Shiners of Bismarck and this vicinity will meet the special and es- cort the yisitors to the auditorium where the’ El Zagal pilgrims will put be feted, ‘;on the following program: Grand entry, Escort of divan by Oriental band. Music by the El Zagal band. Drill. by the Arab. patrol, Songs by the chanters, Finale, Star Spangled. Banner. Following this. program,’ it is pro- bable that the yisitors will show mov- ing pictures of the Seattle and India- napolis imperial council meeting. All Shriners, Masons: and«their families are invited to attend the entertain- ment at the auditorium, After the program at the auditorium is completed, the local Shriners will give-a dance in honor of the distin- guished vistors at the Masonic temple. The music-will-be furnished by. the El Zagal orchestfa,* After the ‘dancing, the members*of the El Zagal caravan will be givet a banguet by local Shriners. The various committees in charge of arrangements consist of the followin: Execuflve committee: William Kraft, chairman; Raymond Bergeson and G. B. Allen. Finance committee: William Kraft, Raymond Rergesor, and F, A. Lahr. Auditorium committee: J. P, French, Chris Bertsch, Harry Thompson, Parade cominittee: Capt. A. A. Jones and Major George H. Russ. Jr. Dance committee: J. A. Graham, M. B. Gillman and J. 1, George, Banquet committee: 0, W. Roberls, J.C. Anderson. Frank Smith, Carl Nelson and 8, T. Park. Phone 189 ify Beulah Coal. tf Ruby Ladies. Orchestra Dance y|at Patterson Hall tonight. TATA ANAT TU WEDNESDAY, OCT. 15, 1919. a Suriety Brand Clothes tion of industrial life. '@| Lightweight, good and choice, $14.25 | MARKETS | [to sta05 ——$—<$S 2} Common and medium $7.75 to $14.25 CHICAGO LIVESTOCK Butcher cattle, heifer, $8.25 to $14.25 HOG, receipts 12,000; steady to 25¢ Cows $5.85 to $12.50 higher, Canners and cutters $5 to $6 Heavyweights $14.50 to $15. Veal calves, light and handyweighr, Medium weight $14.60 to $15.: $16.50 to $17:50 Lightweight $14.25 to $15 Feeder steers $7 to $13 Lightlight $13.75 to $14.50 Stocker steers $6 to $10 Heavy packing sows, smooth, $13.75] Western range steers $7.75 to $15.90 to $14.40 Cows and heifers $5.75 to $12 Heavy packing sows, rough, $13.25 tu] SHEEP, receipts 30,000; firm. Lambs, 84 pounds ‘down, $12.25 to $15.50 Gulls and common $8.50 to $12 “Ewes. medium, good and choice,,$6.25 to $7.50 Culls and commons $3 to $6 treeding $6.75 to $12.25 receipts 15,000; firm. Beef steers, medium and_ heavy: weight. choice and prime, $17 to $19 Medium and good. $11 to $16.75 Common $8.25 to $11 25, IDAY NIG! MAIN STREET and BROADWAY Carnival, Masks, Fancy Dress, Pavement and Indoor Dancing, Bands on the Street, Orchestras in Halls—at-the ARMORY, WINTER GARD. EN a and PATTERSON HALL, —Progressive P Party, Circulate, BEST Fancy Costume, Lady, $10.00 5.00 bc 2nd Rotate. All former Service Men without charge. Confetti. -PRIZES BEST Fancy Costume, Gentleman, $10.00 “ 2nd ‘ Most Grotesque Costume, Either Lady or Gentleman, $5. 00 Judges will award prizes at midnight; place to be announced later. invited to take part. Make it a real evening. - Both indoors and out. _ Weather will make no di erence. ah The Slogan for the Evening is: AKE BISMARC eee T’S a’whole-hearted welcome our community extends today to her returned heroes-a welcome made doubly sincere by the deep sense of gratitude to her sons who offered the supreme sacrifice that the world might be made a better place to live in. And the business world joins in the welcome to the boys to throw their splendid energy and morals into the reconstruc- S.E.Berseson &S0nN ee TAQUUUAAOOOEAEUOEEOOGGUOAROEAQOOGEUTEOENTESEOAOLUGOCOOAOOOOEOUUAOENOGAN OU cil NUUNUTAAOOUTRAOUOACEGTUATEOCTOEEEOTOAATOENAAAOIL: MINNEAPOLIS GRAIN Minneapolis, Oct. 16—WHEAT— Receipts, 517 cars, compared with 607 cars a year ago; cash No. 1, $2.55 to $2.65; corn, $1.35 to ot 36; oats, 66c to 68c; flax, $4.37 to $4.39. SOUTH ST. PAUL LIVESTOCK South St. Paul, Oct. 16—HOG—Re- ceipts, 67,500 head; range from $12.50 to:$14,35; bulk of sales, $13.75 to $14; pigs, $9 to $14.50. \ATTLE—Receipts, 9,000 head; killers steady to weak; fat steers, $6.50 to $16.50; calves 50 cents high- er; stockers ‘and feeders, $5 to $12.” SHEEP—Receipts, . 12,000 head; market steady; lambs, $5 to $14. 75; wethers, $5.50 to $10. Tribune Want Ads bring results, 5.00 Everybody