Casper Daily Tribune Newspaper, February 16, 1921, Page 12

AC e n = ree PAGE TWELVE WORLD SOLVENCY RESTS ON AMERICA, BANK REPORT SAYS) Governor Harding of Federal Reserve Urges Credit Conservation Upon Congresss; Earnings Increased (By Associated Press.) WASHINGTON, Feb. 16.—War-time expenditures and the profound modifications of the country’s economic system makes it imperative, Governor Harding informed congress today in the annual report of the Federal Reserve board, that “the utmost care be taken to conserve our credits and pre- serve the basis of our prosperity,” to avoid the extreme conditions tries. “Upon the United States in a large measure,” the governor declared, “the solvency and financial stability of many other countries depend.” In readjustment of business, the country, Governor Harding aserted, is generally recognized as naving pass- ed the crisis and in looking to the fu- ture “a spirit of greater confidence Prevailing in other coun- prevails. “Because of the accumulation. of foreign commodities, however, for which there is no market,”’ Governor Harding continued, “countries which have been ‘sending us their surplus products find they have nothing mark- etable with which to pay for thelr im- ports from us. “We find ourselves therefore with a ‘large export trade which is being paid for only in part by a great por- tion of the world; and this trade is fast approaching a point where it may be cut drastically to the most vital essentials unless the normal credit and buying power of Europe can be restored.” This restoration, he added, is only Possible if American raw materiais ko forward steadily over an extended period against *long-time credits. By means of corporations organized under the Edge act for ‘financing foreign trade, the governor contended United States, but from foreign coun- tries as well. All these operations he described as necessary for the sol tion of the present world problem. Gross earnings of all federal re- serve banks combined, the governor reported, increased from $1.02,000,000 in 1919, to $181,000,000 in 1920. Over 82 per cent of these earnings came from paper discounted for member banks, the average daily holdings of which aggregated $2,530,000,000 dur- ing 1920 as compared with $1,908,009,- 000 in 1919, Re-discount operations between fed- eral reserve banks including bills pur- chased from other federal reserve banks during the year amounted’ to $3,676,729,000 as compared ‘with $2,- 658,254,000 in 1919 and $660,638,000 during the year 1918. Adding to these transactions the bills purchased and allotted to other federal reserve banks by the Federal Reserve Rank of Ne York thegovernyr said the total inte: district movement of bills during the year aggregated $4,403,686,000 as compared ‘with $3,397,753,000 for 1919 and $835,498,000 for 1918. The board has no further amend- ments to the federal reserve act to suggest to congress at this time, Goy- ernor Harding announced. “It desires, however," he concluded, “to express its opposition to any legislation which would impair the ability of the fed- eral reserve banks to exercise the long-time credits may be granted :0 finance exports not only from the Proper control over their credit trans- actions.” / ICE SHORTAGE POSSIBLE | NEXT YEAR WITH CHANCES FOR NATUR AL CROP SLIM WASHINGTON, Feb. 16.—'The chances for a good crop of natural ice this winter are slim, and the chances for an ice shortage next sum- mer are correspondingly good. The winter is mild in most sections, and comparatively little ice has been harvested so far. This may not seem to affect the city dweller, who’ knows that the ice in his glass never grew in a pond. But it does affect him, because this country is more dependent upon natu- ral ice than most of us imagine. Two- thirds of the cities now make their own ice. ‘Yet of the 48,000,000 tons of ice used in a year, nearly half is natural ice. So, even while the cities are reflecting comfortably that their tee supply is not dependent on na- ture’s whims, their supply of mear, butter, fish, milk and other foods may be hit in price, quantity and quality by @ poor crop in, the ice belt. People are relying on ice more and more, and for all sorts of purposes. Hver-increasing quantities are con- sumed for storing perishable foods, for cooling purposes in bleaching and dyeing establishments, munitions works, glue factories, sausage mak- ing plants, theaters and morgues, Textiles and furniture are put in cold storage. Office buildings have their temperatures reduced to a com fortable figure in hot weather by re- frigerating machinery. The air in hospitals is artificially cooled in cases of fever and tropical diseases. Ho- tels are such voracious consumers of ice that the largest have their own ice plants, and all the others are big purchasers. But all the possibilities of refrig- eration are not exhausted, for new uses are now and then discovered. A St, Louis man recently gave some thought to the demand for summer fruits in cold weather and the high prices they command in hotels and fruit stores, and he came to the con- clusion that it would be a good thing if some of the perishable kinds could be kept in cold storage. He tried his scheme with strawberries and cher- ries, storing them at a temperature ten degrees above zero. After cight months the fruit was taken out, soak- ed in ice water to take the frost out and was used in ice cream, pies and shortcake. It is said to "have been full flavored with a much more natu- ral taste than canned fruits, Frozen Fruits, After more experiments with toma- toes, plums and berries of various kinds, he was convinced of the prac- tieability of storing perishable fruit. One large baker, he says, now has $20,000 worth of berries stored in his plant and draws tfiem out during the winter for fresh cherry pies. Commercial use of ice for storage constitutes a regular, enormous de- mand on the ice supply. Use of ice in individual homes is more uncer- tain. Last year, a moderately cool summer and high prices kept down home consumption to an extent that was keenly felt by ice dealers. Nobody knows what next summer will be, but weather sharks arcund here who like to put two and two to- gether are saying, ‘a mild winter, a hot summer.” If we are in for a hob summer one kind of food will surely be affected vy a low supply of natural fice. That is milk and other dairy products. The government has been trying to impress on dairy farmers the neces- sity of using ice in hot weather to keep milk cool «enough, so bacteria will not increase and turn the milk sour. Many dairy farmers say they are too far from dealers in ice to be able to buy any. By tho time the ice is shipped on the train and cart- ed to the farm the waste is enor- 1s and the cost prohibitive. © only way these farmers can ice is to cut it themselves, and it what the Department of Agri- re has been urging them to do. experts of the government hold thet it is a matter of economy in the long run for the farmers to take the trou- ble to store up ice for the time when it will keep their milk from spoiling. ‘The Dairy division points out that one milk plant received nearly 50,- 000 gallons of sour milk from’ farm- ers last year. Another returned $2,- 600 worth of unsatisfactory milk to the dairies from which it came. This winter it looks as if the chances for a dairyman to put away much of a reserve of ice will be poor —that is if he lives in the middle sec- tion of the country. Farther north, conditions are more favorable. R Requires Prolonged Freeze. Merely a short spell of freezing weather will not produce ice thick enough to be harvested, Ordinarily, cutters do not handle ice less than eight inches thick, and most commer- cial firms prefer to wait until it is 14 inches in thickness. To freeze this much ice, zero weather for a week or more is required, because after the surface water is frozen, the ground and warmer water below tend to sup- ply warmth and the ice coating atove acts as an insulator. Ice is harvested normally in all the upper half of: the United States ex: cept on the Pacific coast. This up- per section of the country depends most heavily on the ice crop. Farm- ers cut a few tons for their own uso and commercial firms with elaborate machinery work on the Great Lakes and large rivers. At one time ice was cut commer cially with as much hand labor as the farmer still has to use. Blocks were marked off, cut with a hand saw, floated to shore, loaded by hand and driven to the storage house. Now, a cake of ice is not touched by hand from the river to its resting place in storage. Snow is scraped from the surface by gasoline-driven machinery, saws also driven by a gasoline engine cut the ice into large blocks which are floated direct to the sawmill and cut by electric saws into small blocks. The last step is to chute the blocl:s to storage rooms and stack them, Use of machinery for all this has greatly increased the possible output of an ice harvesting plant, but it has not decreased the cost of handling ice to any extent. One big factor that boosts the pub- Uc’s ice bill and injures business for the ice companies as well is unneces- sary waste by melting. With the right Kind of a refrigerator, and the Proper management of ice, a fami!v can get along with one-half the amount used up by a more reckless housekeeper. As for the ice man— you have seen him leave chunks of ice to melt in a July sun, and there is often similar loss all along tho line from factory to consumer, so much that a trade journal says waste due to carelessness amounts to 30 per cent. There is necessarily a natural shrinkage, but not to this ‘extent. That is where there will hiive to be a tightening up, if the ~-inter slips along as it has so far. andj if vie weather prophets are rigit abuut 1 ore- seeing « long hot spe! —— Federal Expert Takes State ‘Job DENVER, Colo., Feb. 16.— J. A. Jeancon, formerly assistant director of the United States Bureau of Eth- nology, has accepted a position as dl- rector of the Department of Archea- ology of the State History and Nat- ural History Society of Colorado, ac. cording to an announcement by offi- cails of the society today. Professor Jeancon will arrive in Denyer Satur- day night. He will devote particular attention to the work of the society cofinection with the cliff dwellings in ghty-five per cent of the dairy farmers live where toe can be harvest-| tc in pormal winters, and the dairy the southwestern part of the state. ——_—_ Tribune Want Ads bring results, CONGRESS STARTLED Startling facts on the lack of physical fitness of the young people of the country are revealed in fig- joes presented toa come ngress now considering the Fe: [Capper physical education bill. The |statements, backed up by ene authorities, both military and are arded as being so serious that the ‘women of ie country, |through their organizations, are | beseeching the House and Senate to | take official cognizance of the situ- \ation. If Congress finds the senti- \ment of the country favorable, it is \said action.may be expected. Hete are. some of the yas that have startled Congress: ‘irty~ seven per cent of the young men of foes) atte aaa were tauoe unit ‘or complete military service. }statement is made by General HOWAT IS SENT TO JAIL TODAY 16.— PITTSBURG, Kans., Feb. Alexander Howat, president of the Kansas miners’ union, was found guilty of contempt of court and sen- tenced to jail by Judge A. J. Cur- ran of the Crawford county district court today. County Agent Offers Advice G. M. Penley, agricultural agent for Natrona County has Just issued the following statement. He js also send- ing out circular letters to the farmers and homesteaders whom he knows to be especially interested in the sub- Jects mentioned below: ‘The time has come again when we are figuring on wht crops to plant and where first-class seed can be secured. ‘Now, a few words to those who plin to seed alfalfa this spring. In the past thero was not considered much difference between varieties of alfalfa seed, but now woe know bet- ter, Do not make the mistake of sowing the common alfalfa seed, but get the Grimm variety. It is.a heav- fer yielder, will not winter kill, stands drought much better and requires less seed’ per acre. In fact, it is a much larger, stronger and more vig- orous variety than the common alfal- fa. It is quite true that Grimm alfal- fa seed {s higher priced than the others, but do not let this mislead you in buying the cheaper quality. Most of the seed houses are asking 60 cents a pound for the Grimm seed, but the agricultural agent is sure that he can secure this same seed, laid down in Casper, at about 40 cents. “Another matter’ which you must not fail to give your attention to is that of inoculating your alfalfa seed before planting. We know positively that’the greater part of our Wyoming sdils are deficient in nitrogen. Alfal- fa, sweet clover and all leguminous. plants are’ nitrogen soil builders. In order to build up the nitrogen supply in the soil, there must be present on the roots of these plants, smalll white balls (or nodules). ‘These little nodules are bacterial growths. They have the power of taking nitrogen from the air and fixing ti in the soil. “They are not only necessary as soil build- ers but are very necessary to the plant itself. So the yield in this state has in mun yinstances, been doubled by the innoculation of the seed be- fore sowing. ; “This innoculatotn material is fur- nished by the University of Wyoming at a cost of ‘about 25 cents to the acre. Get in touch with your county agent in regard to both’ seed and innocula- tion.” RAE UL EDS LR ‘W. A. Miller, president of the Ti- inois Pipe Line company, arrived in Casper yesterday over the North- |’ ‘western, 1 “A SMALL TOWN IDOL”. . SHOWING PHYSICAL UNFITNESS OF YOUTH, This | dividend of BY FIGURES - - ., Leonard Wood. The high ta of “acho! children otarded: fy physical deficiency adds an unneces- f\sary $32,000,000 annually to the cost of education in the United States. Five million young people under nineteen, in ind » lose at $12,000,000," The preliminary 000. e st veal training of £0,000 “Taw recruits” for the army cos $ insidered by gress aims to ederect the alate condition by establishing physics education in the schools. Dana Caulkins, of uveical education’ advocate: szys sical education a: ry a this investment would pay a heath many tims _involved, DRUG BILL IS VETOED IN ARIZONA PHOENIX, Ariz., Feb. 16.—Gover- nor Thomas 2. Campbell today nott- fied the: senate of the Arizona legis:|z lature he had vetoed Senate Bill No. 34, forbidding raising or selling, gift| = or use of marihuana, also known as} Indian hemp. It was the first bill) vetoed by the governor during the present legislative session, He said while he approved the intent of the bill to prevent use of*the drug as a harmful narcotic, he considered the measure too drastic, since it would. render impossible the use of mari- huana as a medicine, peceoewth sa LABOR MEET OPENS. BUTTE, Mont, Feb. 16—Repre- sentatives of metal mining. compa- nies in Montana and the unions be- gan a conference today on working conditions in the mines and smelt- ers. The mining companies recently notified the unions they would not re- new labor contracts that had expired. or Your Bloo You ‘are just ag Btrong and healthy as your blood. It is likewise true that you are as young as your arteries. _ Vigor and health come with good blood. ‘With- out good red blood “4 weak heart @nd poor nerves. It may show in nen ‘vousness or in that weak, tired feeling. If "your blood is thin and-watery, face pale or pimply, if you.are generally tired and listless, a vegetable tonic should be taken. One that will do the house-|= cleaning, an old-fashioned -herbal remedy that was used by everybody 50 years ago is still safe and sane because ‘it co! no alcohol or oO Grape spe Toot, regon Queen's Stone root, Cherry Bark, without ak cohol—and made into both liquid and-tablets. This blood tonic was first put out by Dr. Pierce in ready- Meateal Discov es If crugeists dq very. not keep this in tablet form, send 60 Sagi for a large trial “1 r. Pierce’ Buffalo, N. Ys Write for book on blood disorders, medical consuitation free. Over two million bottles of Dr. Pierce's medicines sold last year, Try it NOW. ‘Do not delay! Fair tonight and colder in Portion So practical a fabric, so demi your spring sewing. ” beautiful finish, is unbleached and already for the needle. A wonderful buy at i 5¢ the Thrift Price, per yard_____-_. Watch Our Windows §WEBEDOOMMERC! Divet paanaat at Mask Ts FSS BRST SE AEROS TNR RQ) ) 2———s RCIAL COMPAR Y@ Sac anoianbnensas Mail orders so- | licited and given prompt atten. Iaapbaine Phones 13 and 14 Join the American Legion, Fellows “Thrift Thursday” Specials Many prudent shoppers have long recognized the fa lous day of selling, ridiculous because of the great barga! who take advantage. ct that “Thrift Thursday” is a ridicu- ins offered, and wonderful to those i i i low) for As a surprise, we have arranged a number of bargains (other than listed be: a bigger “Thrift Thursday” selling, so you will be doubly repaid for making the visit. Many of our customers have the “Thrift Thursday habit, how about you? —It pays! 3 eAn Amar ing Selling OW hike: Goods. for “Thrift Thursday” Only Just a “wee bit” late folks, but we waited for an opportune pur- chase and here it is! Beautiful ‘‘Cameo”’ Cambric |; ling in This Cambric has a ““Ragoon” Nainsook Soft end fluffy like, most desirable for undergarments, this extra quality Nain- sook that sells regularly at 50c a yard will be offered at half price for thrift 25¢e selling only --..-—. } Unbleached Muslin So varied in its uses this smooth, attractively White Muslin is a firm, wearable material especially constructed to stand up under hard wear, . Included in this day of selling 12¢ at the wonderfully reduced thrift price, per yard... Famous “‘Wearwell’’ Sheets and Sheeting In a Great “Thrift Thursday” Pricing Fanisus because of their quality—“Wearwell” Brand Sheets and Sheeting with their staunch and durable qualities can be laundered in the most satisfactory manner, always the same firm, smooth and White appearancr as the day you bought them. 81x90 ““Wearwell” Sheets. Thrift Price... 72x90 ““Wearwell” Sheets. Thrift Price... 9-4 “Wearwell” Sheeting. Thrift Price, yard. Sy ae Sa ee. ence nnnenenees 1,40 as oe des 5 bel Soap Bargains For “Thrift Thursday” Selling The opportunity to buy at a great saving, your next month’s supply of washing soaps. f Proctor & Gamble Soap---24 Bars at $1.00 Box of 120 Bars, $5.75 Electric Spark Soap--- 17 Bars at $1.00 Box of 100 Bars at $7.00 Large Ivory Soap---8 Bars for $1.00 Box of 100 Bars at $12.00 A Thrift Gem Broom Special - A very good Broam) well made and the straws will not shred. Regular 90c value. price Thrift 75¢ —grocery dept. For You, Men! A Great Bargain IN “Wool Undershirts Regular $3.50 Value Thrift Thursday Price 65¢ 4 A special lot of sizes of 84’s and 36’s will be sold at this remarkable thrift - price. Fine quality, good weight and a bargain at the price. Remember the sizes— 34’s and 36’s Another Big Thrift Value IN Men’s Sweater Coats Regular $3.00 Value Thrift Priced at $1.65 i You can have any size in these fine sweater coats, very serviceable and warm. They are just the thing for spring out-of- door wear. Note the big reduction, nearly half! a Heavy Wool Sox ata # Bargain Regular 75c | all-wool sox in a good weight, very serviceable and warm, very practical for all out- of-door wear. Thrift priced at, the pair 45c |S —men’s section Johnson Wax and Waxers In a Big Reduction for “Thrift Thursday” Selling’ Polish up the floors for spring. This special comes at the opportune time and affords you the advantage of a great Saving on a waxing “outfit.” ’ 16-0z. cans Floor Wax, regular 85c value; Thrift Price =______65c 32-0z. can Floor Wax,’ regular $1.65 value, Thrift Price______ $1.25 64-0z. can Floor Wax, regular $3.00 value; rift’ Price______$2.25 Regular $2.75 Floor Waxer; Thrift Price 5.) ae 9b —hardware dept. ii tT LT COLL CCL sisiieiiiiiaiiaaiiiial iii OANA EAI