New Britain Herald Newspaper, December 29, 1920, Page 10

7 NEW BRITAIN DAILY HERALD, WEDNESDAY, DECEMBER 29, 1970. American Products Need altogether wholesome, large extent It measures ery of industries in Europ evidence that we are Inc recelving payment for good: goods rather than In credit, whi is gradually but materially affect. ing the trend of prices in this coun. try. it also serves to call attention to the vital fact that the time 13 ap- proaching when America will be confronted with a contracted Euro-' pean market. H When that happens there may be serious consequences, iIf in the meantime other markets for Amer- | ican products are not found. And‘ the best way for us to create nev| markets is to finance new enter- prises and construction work Ia Latin-America, China and else- where. Trade follows Investment, as England has demonstrated—to her huge profit. There is another important ele- ment to consider. Within a few years we have acquired a large mer- chant fleet. We must keep it prof- itably employed. The terms of the Shipping Bill commit us definitely to an aggressive policy in the use of this new fleet. And it Is a source of gratification to '.ote that American l;hlpsnulnyu.rrywpsr«:emof;u‘n:1 New Markets ocean-borne foreign trade. The | nificance of this lies in the fact that for sixty years a large Droportion, of the profits of American indus- tries has gone overseas in the hml of ocean freight rates, maripe in- surance premiums and banking com-, missions. The toll has aggregated’ billions of dollars. . . It must be admitted, of course, that there are serious difficulties to be overcome before capital will be able to flow In the needed amounts fnto foreign Investment. The pres- ent home demand is unprecedented- Ly strong. Billions are needed in "", United States to supply equipment tor our raliroads, to make up the de-! ficiency in bullding operations that the war created and to meet other urgent domestic demands. An invest- ment of ahout $25,000,000,000, or the approximate equivalent of the na- tional debt of this country, it bas been estimated, is necessary to re- 2 PR & a as shown by the rising tide of ) x : ;:l. b inciudes the ralireads, beoe- peak of high prices In com- N > ‘!':':re.; is no longer any question itles generally has been passed, about the imperative need for re- readjustment to normal levels pealing the excess proits tax or of o8 bainemn. Tuors oo base Fopraccaty - saivar)demend eady decline In rommodity eota for such action. f a8 a whole from February of gl <o R R 2"are more pronmnced thn ing of, our tax laws, however, is the "I ‘manafuctored products tr:nlporndon situation. The rall- In menufactured products roads bave rightfully been returned 18 true as yet In only slight de- to thelr owners, under pi but It is certain to be reflected [ gentinl ana non-essential commodi- o (e Iupre s nm #lso. ties. banks throughout the country or ample Ge men mmm" In a declining market it 18| have proceeded on the general basis X, ,‘mm“ T Q'T.WF part of wisdom to be short on|that an essential commodity Is one os ngkin cuee ||m..am|.(.|y pe- modities and long on credit.| for which there Is an urgent demand store the credit of the rallroads, and s not the time to borrow In[and which s Indispensable to the gy e it to earry Inrge stocks of goods | welfare of the community and ha o By o o e 2y 0 stimulate the production of |encouraged (he greater production Treighd, R, e mn:’ ntial commodities. But | of necessaries. tachicies do lnpruied n'.h“dh“ imercial loans are not being de. Banks prosper most when Indus- —— 2 cape: 1o any Industry that |s endeav-|try is most prosperous Thelr attl- DOCHS AT VALPARAISO -CHILE - A CENTRE OF DISTRIBUTION FOR AMERICAN GOODS :n‘::;;:’o;:o:::nm hfim: g to Increase the production of|tude In the present situation Is by the. full tiop of raile tinl goods. wholly In the Interest of the coun-|to sustaln prices by artificial means | recede. They are trying to do that corresponding period of last year. is by m""w' lle the Federal Reserve Board | try's economic welfare are merely emulating King Canute, | which bureaucratic While the decrease In our enor- :;‘y mlnm‘mmu declined to rule on what are es-| Manufacturers and dealers trying ' only they are forbidding the tide to| agencies sought valnly to accom- mously favorable trade balance is ppers and the | SORTING ORE IN A SILVER MINE IN CENTRAL AMERICA - THESE SOUTHERN COUNTRIES ARE RICH IN NATURAL RESOURCES By FRANCIS M, SISSON, President Guaranty Trust Company of New York. B are entering the sec- ond stage of our post- war transition period. The momentum of mic forces generated and ac INANT POSITION IN ted by the war Is rapidly ex- FUTURE WORLD TRADE fling Itself, evident from — plog Industrial activities In TR ¢ S B Hines. Inflation Is being ar P d; the era of extravagant ex- litures s ending; devastated GREAT AGRICULTUR COUNTRY 15 A RICH FIELD FOR AMERICAN ENTERPRISE CROWDED COURSE OF NEV| YORK HARBOR— THE GREATE ST PORT IN THE WORLD- AMERICAS NEW MERCHANT MARINE OFFEE PLANTATION IN Sm-..-a RICH COUNTRY AWAITING AMERICAN CUBAN SUGAR MiLL-MONEY FOR MERCHANTS THIS INDUSTRY SUBSCRIBED LARGELY BY AMERICANS — NEW MARKETS FOLLOW It would be well now to consider INVESTMENTS . the trend of our foreign trade, for ghere 18 a close and vital relation- jsbip between the state of that trade ‘and domestic prosperity. It Is high- Ay significant that the;value of our exports for the seven months’ pe- riod ended with July should amount to only 6 per cent more than the ex- ports for the corresponding period of 1919, whereas Imports Increased in value 78 per cent. The excess of our exports over our imports for the first seven months of this year was practically only half of that for the plish during the war—namely, the governmental | suspension of the vperation of eco- nomic lawa. ticed, an dthe plight LLANS Hot water ZE2 Sure Relief LL-ANS INDIGESTION 18 the favorite forealoty rasorshaving ol Ointment woothing, healing. antin that make Kewinol Oine- ctive for skin eruptioms, it the ideal household of other troubles which arise in every home, there ars children. t pol Ointment should be on ne shelf, ready for imme- Your Aragrist seils free: [nliTenire miniators cake of Restwol Fortnd (bemial I roe is brought to trial, the star wit- ! I ness for the prosecution will be his | | wife | FOR HUBBY'S CRIME: ,Insists Her Actions Made Him ‘ Commit Murder Denver, Dec. 29.—*I, and not my held for the kill- Snook. for 1 am to eonditions which resulted hould be f Albert blame fo in my husband taking the law into his own hands to avenge his honor nd save his home.” Mrs. Rose Monroe Taylor Monroe, who shot and killed Albert Snook, a furniture and ex-service wife of James upholsterer man, in Snook's room at the Millard Hotel, Monday | ovening, would like .to assume the | blood guilt of her husband, and what- soever punishment may be meted out to him. But when James Taylor Mon- A FEELING OF SECURITY You naturally feel secure whe know that the medicine y | to take is absolutely pu tains no harmful or habit producing dr uch a medicine s Dr amp-Root Kilmer's ' kidney, liver and blad- remedy The same standard of purity strength and excellence is maintained in every k of amp-Root. ] It is scl smpounded from vegetable It ot a stimulant and is taken in teaspoonful doses. It is not recommended for every- thing. It is nature's great helper in reliev- ing and overcoming kidney, liver and | bladder troubles | A sworn statefnen: of purity 18 | with every bottle of Dr. Kilme: Swamp-Root you need a medicine, i ¢ the best. On sale in bottles of twg, und large However, if you this great prep o Dr. Kilmer At the matrons' quarters at City | Jail Tuesday morning, Rose Monroe told a story of how a woman may love two men and, through fear of losing either, how she may become adept in the game of deceiving both intil a bullet brought her face to face with the fact that all her love was for the husband. She has pale gold hair, blue eyes and doll's features set in | a complexion of rose and white. Her | voice is low and sweet. “This tragedy lagd its stact,” she said, “when, like theusands of other | foolish women T went to work be- | cause I imazined I needed prettior | clothes than my husband could buy to Denver, I sought and found work as cashier in a r urant. ® It was there that I met Snook.” me, and more cxcitement to be found in making a home. “I was born in Texas and met my husband in Oklahoma married than was keeping house and vhere we were He provided me as fine a | home as a woman could want. But, | in spite of his protests when we came Tells of Decelving Both, Takes All the Blame. Mrs. Monroe then detailed the rapid events from -her first meeting with the murdered victim of her hus- | band’s jealousy:the deception sheprac- ———— e ORDER OF NOTICE OF HEARING. H District obate Court, | Upon the applicatio of said Berlin, praying that as administrator on said estate ho may be authorized and em- to mortgage certain real estate of ceased, situated in sald Berli: 1 application on file more fully ap- pears, it is ORDERED, that sald application be heard | and_determined at the Probate Court office. in New Britain, in'said district, on the 3rd day of January, A. D. 1921, at 9 o'clock in the forenoon, and that notice be given of the pendency of said application and the time and place of hearing thercon, by publishing this order in some newspaper having a cir- culation th said district, and by posting a copy of this order on the public sign post in the town of Berlin, in sald district by giving notice to all parties in interest. either personally or by mailing to each one, prepaid postage, & copy of this order and return make to this Court of the notice piyen, Attest, in which shel y : found herself finally, that it was only | sses — i her husband she really cared for. “And, now we are both in prison | because 1 wasn't content to be a good wife to the kindest of husbands, but wanted to be in the midst of a lot of excitement, and have my own money, to dress beyond my station, and to meet and get tangled into an affair with a man I had no business to know."™ According to Mrs. Mornoe,, Snook had been a brave soldier. ,He was wounded twenty-one times in France. Pure lard 18c, Russell Bros.—advt. NEXT WEEK NORMA TALMADGE —IN— “YES OR NO” HAROLD LLOYD N ‘GET OUT & GET UNDER’ For Thursday and Friday THE PURE FOOD MOHICAN MARKET 367 MAIN STREET NICE FRESH STOCK—PRICES DOWN HADDOCK and “BLUE FISH” FRESH STEAK CODFISH FANCY NO. SMELTS .. FRESH BUTTERFISH SLICED WHITE HALIBUT .. .. 1b 180 . b 30c Y 18c -1 30(: IbOc FRESH .m9c Y 28\': ) 3OC FANCY FRESH MACKEREL . . SLICED FRESH SALMON FINNAN 7 " 7 Iy i