Casper Daily Tribune Newspaper, September 30, 1920, Page 2

- PAGE TWO Che Casper Daily Cribune lof the government which is not only self-sustaining Issued y i cS, Wn.“ Baitinton Oa Ou aetanes Babane | felon eee Lathe Cocke ees nee of the ———_—_—E errr’ ould ie ava BUSINESS TELBPHONE¢.-—--+---2-niennnno oth 18} the most hardened usurer. If those earnings con- Entered at Casper (Wyoming) Poptofice ke second-ctass tinue for twenty years, they will go a long way to- eer ward wiping out the national debt. REPORTS FROM ONTKED RES “The excessive earnings of the federal reserve banks have been a stench in the nostrils of the na- tion. The writer has seen it stated in print, but does not vouch for the truth of the statement, that the earnings of the federal reserve bank of New raat ne ii York, for the six months ending July 1, 1920, ex- "Copies" ot the Dally “"Pribune ave on fie im the New’ York | CeeGed FOO per cent of the capital. In this district, j and Chicago offices and visitors are welcome. with a capital of something over $6,000,000, the tome \ — GOING TOSTATE. MEET AT LUSK) oo ee ! Sept. Schools to Close Monday Evening’ } Three men are reported to be dying % re hespitat Dearborn, and 13 for Balance of Week to Per- |[ Mutre arc’injured: some. seclousty, mit Attendance of State as the result of a collision between Association motor truck and a United Faltway”Incererban tar dust, ouside of Dearborn, The. was carry- — ——_———nata (Continued from Page 1.) ——s from thé mails, she declared. “ A written report from Miss Eunice Andergon, state historian, was read by Miss Etta Dobbin. Miss Anderson has collected 100 volumes dealing with state history in addition to many valu- able manuscripts. i i There bas been 5,200 visitors to: the state historical muscum since it was -President an@ Editor Associate Editor ---City Edjter ness Manager vertising Manager Advertising Representatives David J. Randall, 341 Firth, Ave., New York City —— EARL B. HAN THOMAS DAILY The Casper public schools will be in y SUBSCEIVTION RATES savings of the federal reserve bank for the past six mayen Tables Re Rose. Geacttt opened , y Carrier c . ession Monday ui wil close Le x 34 ms + ; One Year months were over $4,000,000. While raking ex-| jay for the balance of the weelt to a | She has seeured a collection of 1,252 0 Oe Merete low the teachers to attend the meet- war trophies and 606 other gifts for this’ knuseum. ’ i in Massach: ‘ ‘The convention enddfsed her work. fice, Mrs. Alice B. One speaker declared Miss Anderson is the choice of Perna name who has accomplished in 18 months what | crats for state auditor, has the ai AS some states have taken five to ten years fion of having been the firat poke Vgingl ‘ ¥ general contractor in the Uhinn The program for tomorrow follows: | states, . nitey MORNING SESSION Three Mont 4.50 | cessive earnings, the. officers of the federal reserve One Month * 175.| banks are strewing the land, and possibly the sea ”* | also, with platitudinous preachments, in the shape of lectures to the banking fraternity, urging thrift upon the people and heatedly condemning the prof- iteers. The advice of these officers against profi- ng of the State Teachers’ association and the joint county institute which will be held at Lusk, Attendance at the institute is com- oulsory Under the Wyoming law and he state department has the power to cancel the certificates of teachers who} lo not attend, Full pay is allowed to ‘eachers) Who attend and a special rail- BRIEF NOTES ON CONVENTION ig. 4.96 pericd than Ne subsc three months. All subscriptions mrust be pr ption a in advance and the Daily ry Tribune will not insure delivery after subscription becomes | teering will fall om deaf ears, inasmuch as the fed- | * . © Mrs: Noble presiding. § ee ae cee ‘ C coad rate to and fom Lusk Was been (Continued from Page 1) EN t pale dt Bria we vo) Nee Ne ae LL eral reserve banks are the greatest profiteers in the | secured. RATA a Baars he wale Member of Gudit Bureau of Circulations (A. B. C.) Member of the Associated Press The Associated Press is exclusively entitled to tlie use for republication of all news credited in this paper and also the local news published herein. : fe ae EUROPEAN COMPETITION. Comparing what we are told with what we learn by investigation, at times shows a consid- erable difference as to facts. For instance, government aid societies would have us understand that years must elapse before European industry could possibly regain its foot- ing, following destruction by the war. In less than two years industrial Europe has not only regained its footing, but is nearer the pre- war normal than our own country. As an evidence of Europe's rehabilitation the import figures tell the story of the growth of im- port trade with the United States. Our markets are open and free to Europe, there are no restric- tions in the way of duties. Even Germany's trade with us is growing rapidly. Without question Belgium was the worst suf- ferer from the war, yet in many lines of manu- facture Belgium ig doing business with the world. Tt is authoritatively said that industrially Belgium is 80 per cent restored. As to what she is doing in one commodity America is receiving informaton when she recently stumbled over the fact that Belgian window glass lis invading the world markets at a price below that at which it is possible to manufacture it at the Amercan wage standard, Until recently Belgian glass quotations were higher in South Ameriea than American, but recently the Belgian price has been cut 20 per cent below United States export prices. It is believed that an invasion of the American glass market by Europeans, and especially by Bel- gians, may be expected at no distant date. So that the story told us by those who issue certain government publications cannot be relied upon and we find ourselves upon the edge of a trade war with high wages in force, no inclination to work and wholly without protection at our cus- toms houses. What applies to Belgium applies to all other European countries, which are rapidly getting back on their feet industrially; and, unless there is an early revision upward of the American tariff, will within a few monilis be taking over the American market to an extent which will mean widespread and increasing unemployment. _ FRIENDS AND PARTNERS. When the representatives of American manu- facturers and business concerns from every section pf the country, traveling men who acted as the tlelegates of 600,000 of their kind, called upon Senator Harding, he told them: : “T like to think of a government which guar- antees to the people of the United States the main- tenance of a high standard of business honor, which preserves fair competition and acts effectively to check profiteering and discourage wasteful meth- ods of marketing and distribution. But | like to think of a government friendly to American busi- ness and unwilling to indulge itself in mere irritating suspicion and inteference. “T look forward to a government which will invite American business to give it confidence and its confidences. “IT do not want to see Amercan government en- gaging in American business, but I do want to see American government a friend and partner of American business in the development of overseas trade and in the full protection of Americans abroad. I want to see the government the partner of American business, and of the American busi- ness man, and of the American laborer, in the pro- tection of tariff, whenever the need: occurs, of American business and American standards of living at home.” SPEAKING OF PROFITEERING. One of the chief officers of the Farmers and Merchants’ National Bank of Los Angeles, writing to a New York financial journal, has expressed him- self thus: When the sorely bedevilled taxpayer of the country contemplates the useless waste of money which the national administration has been guilty of, ever since the war ended, he must draw some nation. If the earnings of the federal reserve banks continue as excessive as they now are, a storm of protest will be aroused, which will endanger their present management, if not the existence of the banks themselves.” READJUSTMENT IS PROGRESSING. Prices of merchandise will soon find their nor- mal level through gradual readjustment of the en- tire economic situation. This is the opinion of Mr. ! Edward O. Caldwell, financal executive for the Wanamaker interests. “T look for lower prices, but do not believe they will ever reach the pre-war level, owing to the fact that wages and other costs of production will not go to that’ level. “The action of Henry Ford in reducing the price of his automobiles and of other manufacturers in lowering the prices of their ptoducts, far from being the forerunner of a big slump ‘in prices, re- flects only what has been quietly going on for the last ninety days. “I believe the average price of merchandise reached its peak in April. There was, of course, a big general reduction in retail prices followmg Mr. Wanamaker’s -flat cut of 20 per cent last May. Since that time manufacturers, wholesalers and re- tailers have joined in forcing prices down to their normal level. “In my opinion, there will be no big slump— just a gradual, natural reduction. The public ap- parently has emerged from its recent era of ex- travagance and has settled down to a period of real thrift, which means buying essentials at the best prices obtainable. For that reason, the normal in- crease of buying that will come with the fall months is net expected to start’ prices on the upward grade.” ; THE PRESIDENT WARNED. The announced intention of President Wilson of reviving the “dispensing power’ in contraventon .of the act of congress requring him to give notice for the termination of the favored nation clauses in thirty-two treaties in connection with the mer- chant marine law, is roundly condemned by Hannis Taylor, former minister to Spain, and a recognized authority on international law. The president attempts to explain his startling refusal to execute the law which was passed by an overwhelming majority in both houses of congress and approved by himself, by declaring that it would lead to “a war of reprisals.” Mr. Taylor speaks plainly when he says: “President Wilson says*he will not enforce an act passed by congress and signed by himself; that is to say he will ‘dispense’ with a certain section of the act of congress approved by him. It is the most dreadful assault yet made upon the consti- tution,’ even by the Wilson dictatorship, because it is a flagrant attempt to set up in this country an obnoxious form of tyranny known under the Tudor and Stuart despotism as ‘the dispensing power.’ “That power was designed to be right of the king ‘for special reasons’ to suspend a part of the whole of a statute for a series of states im conflict with the royal will. It was that forni of tyranny that led directly to the expulsion of James Il. “Any attempt of any executive, or his advisers in the English speaking’ world, to revive the hated ‘dispensing power’ of the Stuarts, will constitute the greatest of all high crimes and misdemeanors. The house of representatives meets in December.” HE STANDS FIRM. Senator Harding voted for the cighteenth amendment and the Velstead act as'a member of the United States senate. When the recent pro- hibition congress, in session at Washington, asked: “Do you stand by your record as indicated by your vote on the eighteenth amendment and on the Volstead act for its enforcement?” +The réply received from Senator Harding was: “My record stands, and I stand by it. I did not know that there was any question about it.” The silyer vociferousness of 1896 does not compare for eloquence with the golden silence of 1920. Allusion is made to Col. William Jennings Bryan. At last aceonnts he was headed eastward and his voice was still sprained. A motion to strike consolation from the fact that there is one branch | out the word “still” will be entertained, In addition to important, business which will be transacted by the teach- ws’ association relative to needed thanges in Wyoming school legislation, he sessions will be filled with inter- ssting discussions relative to various sehool_probiems. The combining of the county insti utes of five. counties with the state eachers’ meeting assures a program of special interest. ‘HARDBOILED’ IS OUT OF PRISON, RECORDS SHOW (By Associated Press) YASHINGTON, Sept. 3%0.—Former 1k (Hardboiled) Smith, a courtmartial in France wf brutal treatment of American socl- Mer prisoners, and sentenced to 18 nonths in prison, was paroled st Fort lay, N. Y., on March 20, and since hat. time b sentence as reduced for zood behavior has expired, it was stated it the war department. mith began erving his sentence in France, May 29, 1919, He was transferred Fort Jay on July 23 of the same year. The lepartment stated that because of goed vehavior in prison he was given a ‘home parole’ after serving approx!- mately ten months. Meantime his sen- tence was reduced to 14 months, and) hus expired July 29. ROCK ISLAND IS EXTENDED LOAN (By Associated Press). SHINGTON, Sept. 30.—Approval loan’ of $2,000,000 to the Chicaro, Island & Pacific to aid in mert- ing 1920 maturing indebtedness was an 1ounced ,todey by the Interstate Com: neree commission. The carrier itself vas required to finance approximately 36,000,008 worth of similar obligations. DIRIGIBLE HITS MOUNTAIN, FIVE FALL IN GANON (By Associated Press.) LOS ANGELES, Sept. 30.—Navy dirigibte balloon C-6 became Tost in a donse fa; while proceeding from San Diego to San Pedro to take part, in flect maneuvers and- crashed igto a memtain peak on the, outskh Hollywoo spilling the car and a or f men about 200 feet down Laurel canon. Four men were hurt, te ITALY TO END _WAR OCT. 31 ROME, war a Sept. 30.—Italy will declare n end October 31, the cabinet inrou today. All measures pos- ‘ible be revoked and the war“min- stry whl be reduced, it was announce. N. ¥. EXCHANGE FEES: RAISED Y YORK, Sept 2 year, it was Announced, HEAVY GALES IN LAKES COUNTRY WASHINGTON, Sept. 90.—Gales on the Atlantic coast from Cape Hatteras to Maine and on Lakes Erie, Huron ind Ontario this afternoon and tonight, vere forecast today by the weuther bu- ren. Shipping was cautioned, , party went first to the Midwest r2- lishing the magazine in addition” to her other duties and wishes ta-mae it self-supporting. The collection was taken when she refused ‘to allow the deficit to be paid from federation | funds. A motion to raise the price to 50 cents next year carried. ~ Hoe Through the kindness of a Casper Motor clyb the delegates to the con- vention were taken for a trip about the city this afternoon, the cars leay- ing the church at 4’o'cleck. The finery where Wallace Leavitt acted as escort for a trip through a part of the plant. Following this the dele- gates‘were taken for a ride about the city over the various paved streets, Mrs, Anne Obern@orfer of Chicago; who fs the principal speaker this evening, is the chairman of the mu- sic department of the general Fed- eration of Woman’s Clubs. HUBER FUNERAL HELD FROM CHAPEL TOO Funeral services for Adeline Huber, S-year-old daughter of Mr. and Mvrs.} Paul Huber of this city, were conducted from,the Bowman chapel at 2:30 this} afternoon, Rev. Walter L. French of- ficiating. ji The child died im Spokane, Wash., | where she and her mother had been visite since lust summer. LIFESNUFFED {| OUT BY BOLT | OF LIGHTNING RES The Trib LAMAN. Wee Sent Struck i, Wyo. by lightning as: they were in fa" net of lifting @ plew inte a wagon, Hago Dahlcuist, 23, was instantly kifled; und his brother Jolin was seri- | ously injured but is expected to re- cover.. The bolt tore the wagon to at 2g and killed the team attached TOO LATE TO CLASSIFY ea a cnnian nial cenea maaan FOR SALE—Modern five-room cottage: four finished rooms in basement, Phone 1470. 9-30-3t FOR RENT —Two-room furnished apartment; ‘also light housekeeping room. 124 8. Beéech. 9-80-3t — | FOR SALE—400 cement blocks. Call} at 510 W. YeHowstone, mornings. 9-30. of tz We are just in receipt of a large shipment of CHILDREN’S SHOES Pure Thread Silk: Stockings With lisle tops and feet in black, cordovan, $1.95 navy and white; $2.50 quality at. Friday and Saturday Only Richards & Cunningham Co. THINK RICHARDS & CUNNINGHAM 2 2 = 2 = nama IAC i i Minutes. Introduction of club presidents. Club reports. Miscellaneous. Adjournment. AFTERNOON SESSION Mrs. Noble presiding, Call to order, Music. , Resolutions Committee. CASPER PEOPLE The q@iick action of simple , witch hazel, hydrastis; ‘camphor, etc, a. mized in. Laveptile eve wash, will sur | prise Casper people. One girl with weak, strained eyes was helped by single application. Her mother could handily sew or read because of eye Daing, In one week she too was benefitted We guarantee a small bottle of Lavoy, tik to help ANY CASE weak, strained a inflamed ¢yes. Aluminum eye cup FREE.—Casper Pharmacy.—aAdy. Report, Thrift-Mrs. A. M. Nichols Report, Americanization____-_ ---Dr, Grace Raymond Hebard Report, Community Service_.- -Mrs. B. H, Knight Report, Civil Service Reform._ “My ‘Trip Mrs.G. T. Goodnough | Abroa t _-Mrs. J. F. Unfinished business. Miscellaneous. Music. Minutes. New Location of Offices After Oetober 1 FRIDAY EVENING Banquet at Henning Hotet. punsihorh tinge Shag WYATT HOTEL & good conscience keeps @ man out | f the game thése days. ' There will be a regular session of this Lodge on Friday Evening, October 1, at 8 o'clock at Odd Fellows’ Hall. Business of importance. By Order of E. R. ROBT. COHEN, Secretary Which added to our present stock makes ours the largest and best line te select from in Casper. We invite you to bring your children in and have them fitted out for winter while our stock is complete. We feature the famous Kindergarten and the Honor-Built lines at prices upwards of... Silk Stockings At special prices: We are discontinuing our line of Fiber Silk Hose; come in suede, dark grey, black, etc. ; your choiée of $1.00 to $1.50. quality 69e for ... co, WHEN YOU WANT THE BEST AAA i