Richmond Palladium (Daily), Volume 36, Number 292, 28 August 1911 — Page 4

J PAGE FOUR.

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, MONDAY. AUGUST 28, 1911.

Tt3 tfr.cr.j F21l33 era fca-Tcfecrca Published and owned by the PAUJkDIUM PRINTINO CO. Issued 7 tar each week. eveninas and Sundar mornlna Office -Comer North th and A streets. Palladium and Bun-Telerrmm fhonee . BuoIbom Office, t0; Editorial Kooma. ML RICHMOND. INDIANA

RnSelpa O. Ueii... Kdlter Carl Bernhardt Aaewrtata Kdltar MT. M. raaadetaa Ntwi Bdlte SUBSCRIPTION TKRM3 In Richmond $5.00 per year (In advance or 10c per week RURAL. ROUTES One year. In advance If 22 Six month, In advance One month. In advance Addresa changed aa often ae dentrert; both new and old addresaea muat be f Subscriber will pleaae remit with order, which should be irtven r pacified term; name will not do nw d until payment la received. MAIL. SUBSCRIPTIONS Ona year. In advance 'I'Sn SI manlhi. In urivtnra .......... Z.BU k)na month. In advance . Rntered at Richmond. Indiana, poat offlca aa second claa mall matter. New York Rpreaniatlrea Payne & Yoiin. 10-84 West 8Srd atreet. and 2185 Weet 82nd atreet. New York, N. Y. Chicago Representatives Payne Younc, 747-748 Marquette Building. Chicago, 111. The A ociarioii of Amf Advertiaere kaa exI tk mirrmlmilam af thta DablieacU-. Thm f irae ol circaUtiaa contained la tan Aaaaciatioa'a repart If ara guaranteed. fcsria cf Arnica fctarfcss No. WWaaall KSf. I. T. City FORUMOFTtiE PEOPLE Articles Contributed or This Column Must Not Be in Excess of 400 Words. The Identity of AU Contributors Must Be Known to the Editor. Articles WUl Be Printed in the Order Received. Editor Palladium: ' In last Sunday's paper several local merchant! are quoted as to the cause of high prices of foodstuffs. Among other things it was claimed that the cost of delivery and carelessness in ordering on the part of consumers, make it necessary to charge a higher ( price. ' Now, the man who takes his mar ket-basket, goes to the store, buys his goods over the counter for cash, and carries them home, receives no more consideration than the one who orders tea cents worth of cheese, over the telephone, has it charged and wants it delivered. The former must help pay the expense of the latter. The writer recently had occasion to buy an article of furniture, and visited several stores. In every instance the salesman quoted a price for cash and a price for credit account, the former being a liberal discount It wu explained the difference in price was for cost of collecting, bookkeeping, interest on investment, etc. And so it is In many other lines of business. Why not In the retail grocery business? Why not give a liberal cash discount to the consumers who save the merchants the expense of delivery, collecting, book-keeping, bad accounts, etc.? Perhaps the dealer figures that the more extravagant living ' encouraged by the charge account, more than makes up for this extra expense. Not having any data on this subject, we do not know that such is the case, but It does seem very unjust that the careful and considerate consumer should have to pay for the carelessInesa of others. A Consumer. This Js My 60th Birthday FRANK H. BIGELOW. Prank H. Bigelow, noted as a meteor ologist, was born in Concord, Mass, on August 28, 1851. and received his education at Harvard university. After hie graduation In-1873 he Went to the Argentine Republic and for three years waa astronomer at the famous Corona obaerVatory. While In South America he took part in Dr. B. A. Gould's exploration of the Southern Heavens. Upon his return from Argentina Dr. Bigelow took a course in theoloav at the Cambridge Theological seminary. From 188 to 1889 be was professor of mathematics at Racine college, which Position he resigned to Join the United states Kcupse expedition to Western Africa. Since 1891 Dr. Biaelow haa been professor of meteorology in the United States Weather Bureau at Washington and at the same time has been professor of solar Dhvsica in 'Columbia university in that city. MASONIC CALENDAR Tuesday, Aug. 29. King Solomon's ? Chapter No. 4. R. A. M. Special 1 Convocation. Work in Royal Arch Decree.. Light refreshments. Saturday, Sept 2. Loyal Chapter, Ko. 49, O. E. S. Stated meeting. witched to Meat. ' A race track tout who was broke accosted a rather stingy horseman or aJsj acquaintance and told him ot hu pracament "Why. 1 haven't bad a ttia to eat In two days." said the toot. WelLM said the horseman, "step 'ta aera to tale restaurant and lit boy too southing WttH visions of a Us meal the poor toot followed the gSx7 hQcoeanan tote the reauaraat "Clve this party a glass of milk and a carter pie, said, toe norsetn one of the waiters. MUeev the teat, l thought 1 waa going to est bscbu BMar. -Chaaja that or Car frost coatard pla to mince pie.' dl tae boraemaa as be left a dim m tSa mcszst tad oov

The Purchasing Power Of a Dollar Within the last week the Pallailum has published some startling figures in regard to the coat of living in Richmond. It was clearly shown that the Richmond commission houses are governed by the Indianapolis houses. Investigation in Indianapolis shows that the cost of living is higher there than in Cincinnati or Chicago. It is evident that this is a serious situation but does anyone know how serious? "

If this were simply a situation which applied to the produce grocery business it would be easier to deal with.' x If it were confined to the fact that one large producer of green stuff, potatoes, etc., sets the price for the local market If it were confined to the fact that, apples and potatoes have been bought up here in numbers That plums and other fruits have been shipped out to Indianapolis and the south that might find a solution. But this thing stretches all through the fabric of Richmond.

It has been pretty well demonstrated that from some cause or other the price of coal is practically uniform throughout the city of Richmond. . The price of Ice was a fluctuating thing until It was monopolized. Competition did not "pay." The Palladium is not attempting to prove that there is a coal combination that is a matter of small moment the effect is evident to anyone who starts out to make his winter purchases. The local dealers are but. reflecting the condition in the larger markets. It is in no way strange that with practically all the railroads in possession of the coal fields that they should have to obey the prices set There was at one time, and probably still is, a meeting of the coal dealers. It would be difficult to prove that they do more than talk the situation over for their self protection. It is not any more illegal or reprehensible than the situation in the stec industry brought out in the recent steel investigation by which the price of steel was controlled at the informal Gary dinners by the "gentlemen's agreements."

In quite another way is this national steel and coal situation reflected In the town. The price of coal and steel are practically fixed by the great monopoliesthe community of interests which Mr. J. P. Morgan controls. Ask any Richmond manufacturer and he will tell you that that is one of the reasons that he does not raise wages. These charges are fixed on his book account and he will tell you frankly that he cannot afford to raise his wages for his men and cite that fact to prove it. SO COMPARATIVELY THERE IS LESS MONEY TO BUY WITH. A DOLLAR WILL NOT BUY WHAT IT USED TO BUY.

Ask any clothing merchant on Main street if the prices of his woolen garments are because he actually wishes to keep the price up or whether it Is because the American Woolen company and its affiliated companies controls the price? The cream is taken off of his profit to start with. The Payne-Aldrich tariff still keeps the duties up on woolen goods so that this monopoly has control of 97 per cent of the goods sold in America? In some instances this duty makes you pay five times what the people in other countries do. No wonder that most of the woolen clothes are shoddy unless you pay a fancy figure for them. Is the high cost of living a myth? Col. Winleld Durbin a prominent Republican reactionary and large manufacturer insists that the cost of living ought to read "the cost of high living." Yesterday a prominent Richmond grocer in a communication to the Palladium insists the same thing. He says that people buy too much and that they buy things which are too expensive. We wonder if he would be riding in a high powered automobile if the people had not patronized him. Would he not complain if they did not buy the material comforts of life and if they did not stic'k to a higher plane of living than Pollacks and alien labor? . - The answer is not there. The higher plane of living has come to stay and it must be expected to increase unless civilization is given a set back. The truth of it is that wage scales are not in ratio with the prices charged. , When ever this situation comes and a dollar will not buy a dollar's worth there Is something wrong. Unless Richmond meets this situation the time will shortly come when instead of Richmond being free from labor troubles there will be a demand for union labor. Unless this situation Is met the merchants on Main street will have difficulty in being prosperous. The people will not be able to buy. If the merchants and manufacturers do not take up a. solution of this question the question will have to work out its own solution. This may not be the best way. It may mean trouble of many .sorts. If the vhole town goes into this thing squarely and honestly with its eyes open and tries to help things Richmond will keep on being the most prosperous town in the state. , ' We should like to hear from every merchant and manufacturer on his solution of this cost of living and the purchasing power of a dollar.

Liohts Out. An irascible sergeant going bis nightly round of the barracks In order to make sure that all lights bad beeu extinguished noticed that a window was Illuminated. He roused the occupants of the room. "Put out that light." he ordered, "and be quick about it." "But it's moonlight!" explained a private. "I don't care what it is!" roared the sergeant. "Put it out:" London Express. A Geniua. Little Willie Say, pa. what is a genius? .Pa A genius, my son, is a person whom nature lets in on the ground floor, but whom circumstances force to live in an attic. Chicago News. A Strong Hint. Customer You don't seem very quick at figures, my boy. Newsboy I'm out o' practice. Ye see, most o de gents ays, "Keen de chanse." Harper's Weekly. "THIS DATE

AUGUST 28TH. 1809 Henry Hudson, in the Half Moon," discovered and entered Delaware Bay. ' .. ?--.v .: - 1728 Gen. John Stark, a distinguished soldier of the American Revolution born in Londonderry, N.- H. Died in Manchester, N. H May 2. 1822. 1798 James Wilson, a signer of the Declaration of Independence, died In Edenton, N. C Born In Scotland September 14, 1742. 1S28 Count Leo Tolstoy, famous Russian philosopher, social reformer and novelist born. Died Nov. 19, 1910. 1833 Act for the abolition of slavery throughout the British colonies received the royal assent 1857 Telegraphic dispatches received in New York from London by cable. 1864 A trial trip of the railroad post office was made between Chicago and Clinton. Iowa. 1888 Francis Granger. Postmaster General of the U. S., died. Born Dec 1. 1782. . ' , "... .. '. :',., ' V -'wv 1896 Li Hung Chang, the famous Chinese statesman arrived in New York. 1910 Montenegro became a kingdom, with former Prince Nicholas aa

Curious Street Names. The list of curious street names is Inexhaustible. Bermondsey possesses a Pickle Herring street. Near Gray's Inn there is to be found a Cold Bath square. Most of the Nightingale lanes and Love lanes are bidden ironically enough in the slums of the east end. But for really bizarre street names one should go to Brussels. The Short Street of the Long Chariot, the Street of the Red Haired Woman and tbe Street of Sorrows are remarkable enough to catch tbe least observant eye. The Street of tbe One Person is. as one might guess, considerably narrower than Whitehall. But the cream of -Brussels street names surely belongs to the Street of the Uncracked Silver Cocoanut This in tbe original appears as one ponderous thirty-six letter word. London Chronicle. The working population of Mexico is profiting by the late revolution. Ten years ago a common laborer earned about 25 cents a day in gold. Today the quotation for common labor is 60 cents per diem. .

IN HISTORY"

Heart to Heart Talks. By EDWIN A. NYE. CopyrkM. 1908. by Edwin A Nye.

PAY AS YOU GO. The credit system in some respects Is a boon, but it has ruined many a man. ' . Credit makes it easier to buy than when you have to pay spot cash. But settlement day comes. You must pay for everything you get in this life everything. You pay down or you pay later on. But you pay! The easiest and best way to get things is to pay as you go, because In some way r another you must settle. "See that man," you say. "He has stocks and bonds and buildings How I envy him F But that man has paid for everything he possesses; maybe in sleepless nights, in sweat of brain. In lost peace of mind he has paid In full, or must pay. It Is the law of price. That spender of the Great White Way who revels in luxurious delights and unlawful pleasures? He pays. He pays tbe price of his manhood. Tbe lazy loafer, the drunkard, tbe gourmand; they pay, and pay heavily. And whoever tries to cheat nature pays. If it is by . overwork or excesses he pays. If he does not pay cash in hand he pays a fearful rate of Interest on the principal. And pay day come. Tbe greatest fallacy ever held by the human mind Is that yon can get something for nothing. Pound for pound, ounce for ounce, to the last driblet you pay. Therefore it is best, if you can, to pay as you go. If you make a failure be glad that you got out even and try it over. . Moreover Is there not some compensation in this law of price? Why should a man ask for mere than is coming to Mm'; Why should he expect to buy and not pay? And is it not worth while to get by earning? If you work for what you get and get what you work for you are as good as any man wbo works and gets. Pay as you go. If you want leisure work for it If you want pleasure pay for it If you want money grub for it. If you want the esteem and respeet and gratitude of your fellows work tot It Pay the price. ' Everything comes to him who pays. LOCAL FACTORIES GET MAILORDERS Rains All Over the Country Have Been of Benefit to Business. Orders are pouring into the local factories now as a result of the general rains all over the country in the papt week, which have even benefited the Starr Piano company, for the farmer, assured that his crops will not be a failure, has now decided that he can afford to purchase the piano he has been figuring on. Henry Gennett president of the Starr Piano company, discussing business conditions, said: "We are working a full force at the piano factory now. For the past several days orders have been pouring in. We credit the general rains all over the country for this condition, although, in a slight measure, President Taft's tariff vetoes may be responsible. I commend President Taft for his action." S. S. Strattan, Jr., secretary of the Gaar, Scott & company, states: "We are very busy now. General rains have been a big benefit At the present time 95 per cent of our business is with Canada and they are harvesting a bumper crop. President Taft's action in vetoing the tariff measures has given confidence in the business world. His action means he will not stand for indiscriminate tariff tinkering ' and that he will not consider measures', passed without the expert advice of the tariff board." An official at the American Seeding Machine company stated that business had improved wonderfully in the past few days and the working force was being increased. Rains over the coun try were given credit for this condition. T.-i3 r-t.gnt ot ieed. It is popularly believed that winged seeds from trees travel to great distances on the wind, but tbe investigations of a British scientist who has spent much time at Singapore indicate that winged seeds bare a far narrower range of flight than have "powder" seeds and plumed seeds. The greatest distance traveled by the -winged seeds of a forest tree observed by this authority was 100 yards. Under the most favorable circumstances, be calculates, 1c would take this plant Just 100 years to spread 300 yards and 1.500,000 years to spread from the Malay peninsula to the Philippines if a land connection existed. Scientific American. . POST CARD COUPON Clip this coupon and bring it to one of the Quigley Drug Stores, with 10 cents and receive one set of 25 colored view Post Cards of Richmond. By mail 3c extra for postage. WANTED YOUR MACHINE AND REPAIR WORK BALLINGER GIBBS MACHINISTS REAR 223 LINCOLN STREET Phone 9040 or 3158

A BUSINESS REVIEW OF' THE PAST WEEK BY HENRY CLEWS

Sentiment in Wall street has been again discouraged by unfavorable developments. Chief of these have been an unmistakable policy of retrenchment among the railroads and multiplying evidence of slackness in general business. In addition to such influences there has been a weakness in the foreign markets attributed partly to nervousness over the Moroccan situation and partly to selling of American securities in the foreign markets. All classes of business men at home are more or less discouraged by political uncertainties, the premature opening of the Presidential campaign, the hostility to corporations and the practical certainty that the country must face continuous tariff agitation. The discovery that liquidation has been quietly going on in Wall street and that insiders parted with considerable amounts of stock some time ago has further tended to weaken confidence. In all probability the latter fact was the basis of operations of a prominent bear clique which has met with considerable success during the past few weeks. The general investment situation has been unfavorably influenced by the fact that banks, both here and at other financial centers, have been scrutinizing collateral more carefully and lessening their holdings of bonds and other securities, purchased at a time when they had no other use for their funds. With the approach of the autumn trade and crop requirements, banking institutions find it desirable to have their assets in liquid form. The labor situation has, however, been the principal cause of anxiety among railroad managers, particularly at the West Evidences of unrest have been disclosed and rumors were frequent of further contemplated demands for increased wages', which the railroads are absolutely unable to concede. Net earnings of all roads reported in June showed a decrease of nearly 4 per cent and the losses since then are probably still greater. Since the companies were not allowed to recoup their increased expenses arising from higher wages by an advance in rates, it is easy to appreciate the concern of managers at the possibility of any further demands. American railroad labor has already been generously treated at a most inconvenient time, and further demands at this season would be considered unreasonable and receive general public condemnation. Retrenchment by the railroads is becoming imperative, and as they are the largest purchasers of steel arid other raw materials their new policy is of much importance in the world of trade and industry. Business men look for ward to a quiet if not slack fall trade. Eastern roads dependent upon industrial conditions are likely to feel business reaction more keenly than Western or Southern lines which rely chiefly upon crops. These are the unfavorable elements in the situation. They have unquestionably been largely, though not fully, discounted by declines of 10 to 20 points in the stock market. The adverse Influences should, however, ; be partially counteracted by influences of a favorable nature, which the prevailing pessimistic temper is apt to ignore. We are facing no crop disaster.. On the contrary, average crops of wheat and corn are practically certain, and a large yield of cotton is the present promise. Easy money is expected during the remainder of the year. Congress has adjourned, for which thanks should be devoutly given. The country will now have a temporary rest from legislative meddling and inquisitorial investigations. Our foreign trade i3 in excellent condition, showing large export balances, and the prospects are for continued large shipments of both raw materials and manufactured articles. In this direction lies a corrective force of no small importance. It is working slowly and quietly, but surely, in the direction of fundamental improvement. As security values declined large interests have been accumulating stocks and the extent of the fall, it should be remembered, makes operations on the short side less profitable and more dangerous than before. There is al ready a short interest in the market of some importance, which is a basis of strength and will tend to stimu late occasional rallies. While the gen eral situation is one that demands close watching, there is no real unsoundness, and the autumn promises to be a period of fair activity and considerable fluctuations in stocks, affording a good trading market The continued heavy production of gold the world over raises the question as to what has become of the enormous increase in supply which has taken place in the last few years! The total amount of gold held In the great banks of Europe last week was placed at 501,000,000, compared with 493,000,000 a year ago. This is an increase of only 8,000,000 which, considering the large addition to the world's supply, -shows that the latter must be absorbed in some other direction. Japan not long ago went upon the gold basis and Mexico has also become a somewhat larger user of gold for commercial purposes. The increased activity of the world's commerce has also unquestionably necesslTerre Haute, . Indianapolis & Eastern Traction Co. EASTERN DIVISION Trains leave Richmond for Indianapolis and intermediate stations at 6:00 a. m.; 7:25; 8:00; 9:25; 10:00; 11:00; 12:00; 1:00; 2:25; 3:00; 4:00; 5:25; 6:00; 7:30; 8:25; 9:00; 10:00; 11:10. Limited Trains. Last Car to Indianapolis. 8:25 p. m. ; Last Car to New Castle, 10:00 p. m. Trains connect at Indiana polls for Lafayette, Frankfort Crawfordsville, Terr Haute, Clinton. Sullivan, Uartinsvilfe, Lebanon ana Pari. QL

tated a larger use for gold. General prosperity, particularly in the United States, may also have stimulated the

consumption for domestic uses in the arts and for personal adornment. But even these requirements do not satisfactorily explain the absence of large visible supplies of gold. Where are the latter' going? The only answer which appears reasonable is that India and Egypt are both hoarding gold to an unusual degree. India has en joyed several years- of prosperity un der British rule. So. too, has Egypt The natives of both of these countries have always been great hoarders of the precious metal, which once in their possession is practically permanently withdrawn as an element in financial or commercial affairs. No accurate idea can be obtained of the extent of these hoardings, but as conditions favor their increase and all other known sources of information fail to account for the large increases in supplies, it is but reasonable to infer that the hoardings of these two countries chief ly account for the disappearance of a considerable amount of the new sup plies. " THE FIN AL TEST. Where the Candidate For the Army Put Hia Foot In It Bill was one of those fellows waa always try to do things right. He tost his position recently and, being unable to secure another, decided to join the regular army. He applies at Uncle Sam's recruiting stationNow, Bill was a good looking specimen of manhood, and tbe army officer began bis examination with pleasure. ' Heart lungs; hearing, sight and nerves were found in tbe best of condition. But one test remained befoTa he could become a regular. "Take off your shoes," commanded the officer. Bill did so. "Now wet your feet in that bucket he was further instructed. Bill did as be was told. "Now walk across the room," said the army man. Bill knew from the actions of the army officer that be had made a good mark and wanted to increase his average. He started across the floor, bringing every itfch of his weight to bear at every step. He looked back. Yes, he was doing fine. He could plainly see the whole imprint of his feet each step be bad taken. He was happy, and the task was finished. "Don't want you. You're flatfooted." said the army man. "What do -you think of thatr reflected Bill as be made his way to the street Pittsburg Gazette-Times. During th) year 1910 there were 550 boiler explosions in this country, resulting in death to 277 persons and injury to 506. Wl LL MONEY H ELP YOU t IF 80, CALL ON U8. We will loan you any amdunt from $5.00 up and take your personal property aa security such as household goods, pianos, team, wagons, etc. Your loan will be arranged In small weekly or monthly payments to suit your income and so small you will hardly miss the money. If you have a number of small bills outstanding, call on us and get the money to pay them all up and have one place to pay. All business is strictly confidential if o Phone 2560 Take Elevator to Third Floor. . .Young Men's

fSSaS9Eta

uu i ruiciEs -

$5.00 cut .to. . . . . .$3.75 $4.00 cut to. . . . . .$3.00 $4.50 cut to... . . $3.50 $3.50 cut to. ... . .$2.75 $3.00 cut to ..$2.25 KRONE & KENNEDY 803 Mcln St.

Pi

Special Angiis! 28 J 5 STAMPS with 1 lb. Coffee at 30c 45 STAMPS with one lb. of 60c 20 STAMPS with 1 pkg. Macron -12Hjc 10 STAMPS with . 1 box Cocoa at 25c 10 STAMPS . with 1 bottle of Courtney's Sauce 12c

Tcdnes3ay mm MY

Tfce Greet Alfcz'Js 727 LZsSn St.

Quit Csiwfen. "There waa a time when they pot , men in jail for debt." said the bill collector severely. "Welt" answered tbe fretted ettnten. "I don't know but a good, stem Jail, where your creditors couldn't send in cards or call you up on the telephone, would be- a great deal of a comfort." Washington Star.

. Experiene WouW Tell. "I want an easy chair." said the householder, entering the store. "Yes. air.? aald tbe salesman. -What sortr T dont know yet" was the answer. "Let me took into the boss office and see what he has. He ought to be a judge. Buffalo Expreaa. A Marrying Man. "Are you a marrying maaT waa asked of a somber looking gentleman at a recent reception. "Yes, sir," waa the prompt reply; "I'm a clergyman." Talent creates a work; geniua keeoa ft from dying. Emerson. Palladium Want Ads ,: Pay. WHAT CLEAN BLOOD MEANS They used to accuse Dr. A. B. Simpson, one of the famous physicians of Indiana, ot having a cure-all because his great reputation was established largely on one prescription, the most effective alterative or blood-purifier known. "No." he would remark, "it will not cure consumption, nor typhoid, nor any one of a hundred common diseases. It simply purities the blood, but it doea that very thoroughly." WTiat are the symptoms ot poisoned, impure blood? They range all the way from the dreadful syphilia to a muddy complexion. They include inflammatory rheumatism, catarrh, scrofula,' eczema, erysipelas, pimples, bolls, running sores, erysipelas, pimples, bolls, and a number of similar afflictions. All these yielded readily to Dr. Simpson's treatment And during- the forty years this preparation haa been on the market aa Dr. A. B. Simpson's Vegetable Compound It has never failed in a single case. The very worst cases of syphlllis have been cured aa well aa all the other blood diseases named above and the same compound has always given clear, clean complexions to those, otherwise in good health. It is sold at $1.00 a bottle at all drug stores. ' GLASSES If Mate BIM Preserve Slaat OUtt Classes Are UaSe Cleat E. B. Grosvenor, EL D. OCULIST OVER 71S MAIN STREET Albert IV. IVeUy Live StocltccS General Accttosccr m - miliar AUCTIONEER Yoia want good prices I want to get them for you. Terms right to all. Call, write or see me before claim ingdate. Hints on preparing for the auction sale, a booklet mailed free on application. Have large acquaintance among , breeders everywhere. Satisfaction guaranteed. Phone 154V. ECONOMY, INO. Trouser Sale SfciS Sc!2to &pl 2 10 STAMPS with one lb. Coff- 25c 40 STAMPS with 1 lb. Tea 50c 10 STAMPS with 1 pkg. Spahettl 12e 0 STAMPS with one box of Rl" 10c 10 STAMPS with 1 box Corn. Starch ....... I0g fi Pccil!c Tea Co.

3X, ,rf.J3tf-'P'T"""

Tickets sold