Richmond Palladium (Daily), Volume 38, Number 240, 16 August 1913 — Page 4

PAGE" FOUR

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, SATURDAY, AUGUST 16, 1913

The Richmond Palladium

AND SUN-TELEGRAM.

Published Every Evening Except Sunday, by Palladium Printing Co. Masonic Building. Ninth and North A Streets. R. G. Leeds, Editor. E. H. Harris, Mgr.

Ia Richmond, 10 cents a, week. By Mail, in advanceone year, $5.00; six months. $2.60; one month. 45 cents. Rural Routes, in advance one year, $2.00; six months, $1.25; one month 25 cents. Xaterd at the Poet Office at Richmond. Indiana, as Sec aJt Class Mall Matter.

"Married Life" Every Year L. C. Dillman, associated with James J. Hill, ;he railroad man, and a man who frankly and en- , thusiastically confesses to having lived eighteen years of married life in perfect happiness, gives j a few rules for married men to follow. Here they are : f Take her with you on business and pleasure trips as much as possible.

Be more polite to her than to any other woman you meet. Remember that she likes flowers, candy and

books just as much after marriage as before. Make it a business to be comfortable wherever she is happy, i Don't criticise her dress, j Be a gentleman to all women, but a husband i to only one. If you have been faithful in all things, gener- ; ous, considerate, and loving, and then she is disj satisfied, get a divorce.

Husbands and wives should not be separated from each other more than a few days or at most a few weeks at a time. Probably if such marital rules were more generally observed there would be a lot of divorce attorneys take in their shingles.

Acil Alexander Idealist Scoff as you will at Acil Alexander's apparently vain quest for the "only girl" with hazelbrown eyes, at least give him credit for clinging steadfastly to an ideal and for his unbounded faith in his brother man. , How many of us have that faith in our brothers that we would sleep with two strangers in a public park, especially in Indianapolis said strangers being prizefighters? Acil did so, and, strange to relate, awoke with ' his bank roll still on him a reward for his simple faith in humanity. Although our dream bride might have brown eyes the tint of an autumn leaf, if a blue-eyed, good looking girl possessed of $200,000 in her own name and heir to twenty-seven properties, offered her heart, hand and income to us, how many mere men would withstand this combined temptation to play false to an ideal of a life's companion ? , Acil had such an offer from such a girl, but perceiving her eyes had the blue of a summer's sky, he turned away with a sigh and wended his way toward Muncie. Truly one must be a thirty-third degree ideal- : ist to hunt for one's ideal in Muncie. It is to be hoped the Union City youth will find the right kind of a brown-eyed girl before : his funds are exhausted.

SOCIAL CERTAINTIES

"THE MEANING OF MONEY." By H. L. Haywood. IMAGINE three young men cast by a wreck on an island. One is a farmer, the second a mechanic, and the third a musician. By means of the salvage gathered from the wreck they are able to set up in a com

fortable living and each produce after his own ability. The farmer raises grains and vegetables, the mechanic makes, tools and Implements, while the musician practices on his flute. They find each of these essential to a healthy and happy life. But the question comes up, How shall we exchange with each other our wares? The farmer wants to trade a bushel of wheat for the mechanic's tool, the mechanic is willing to give a tool for a song; the musician in turn

is in need of both food and tools. At first they barter, each exchanging with the other direct; but this plan proves unsatisfactory because it often happens that one does not need at the time what the other offers. In this dilemma ; it is discovered that there is one thing acceptable to all, ' namely, skins. Each needs a ekin for protection and other, uses and a skin will keep. Therefore they come at last to exchange their various articles not for each others ware, but for skins. The skin was a useful and easily portable commodity and needed by all hence it became ' the medium of exchange and therefore money. ' This is the very essence of 'money, that it is a useful commodity acceptable to all and easily handled. The . moment one considers our modern way of producing things he sees how essential money is to carrying on a complex society. We produce the necessaries of life un- . der a system of division of labor. One man makes one thing or a part of one thing constantly; hence to have all ( he himself needs he is compelled to barter with another for what that man produces. The man who makes a shoe trades with the farmer who produces a bushel of wheat; this exchange is necessary but since the shoe-maker lives In Massachusetts and the farmer in Iowa they cannot carry each his product to the other, they must find something equally acceptable to both. So the shoe-maker translates his shoes into money and sends to the farmer while the farmer changes his wheat to money and sends to the shoe-maker. Thus the exchange is consummated. Some form of money is absolutely essential to the operations of a complex society as a brief consideration of its functions will reveal. We need money in order to have a fixed standard of valuation. Were we to exchange products, we should be compelled to know what any one thing was worth in terms of any other thing and that would be almost impossible. To illustrate: Suppose I produce wash boilers and after having made one for my own use make all others to exchange for other things I am in need of.'- Let us say I must today have a ream of typewriter paper, a quantity of potatoes, a sack of candy, a railway journey to Dayton, a magazine, a quart of milk, and the services Of a physician. To exchange my wash boiler for each of these would require that I should know

how many or what part of a wash boiler each of these is worth and that would be impocsible. But by having a fixed money standard I can translate my wash boiler into the terms of money and then exchange that for each and all of these necessaries, because each of tbeae has also previously been translated into terms of money. Money is also necessary in order tofix the present value of a future act. Suppose I wish to trade a wash boiler to you, for a certain amount of work on my farm (imagining I have one, which stretches that faculty) : I say I wiU give you one wash boiler for one day's work. But you can't do that work until next year. How can we determine the amount of work you will do at that time? Perhaps I may discover a method whereby I can cheapen the manufacture of wash boilers so that next year one day's work would be worth two; how can you guarantee yourself against that fluctuation? Only by giving me today a commodity which will be worth the same next year; and then by my giving that commodity back to you next year after you have performed : the certain amount of work. Money enables us to store up value which we produce by present labor. Imagine yourself a gardener. Under a system of barter you would have to exchange your vegetables for other commodities as fast as you raised them

for the simple reason that vegetables won't keep long. But under such conditions how can you give your boy a college education in five years after he has finished high school if that is what yaou care to save up for? Your vegetables would all be spoiled by that time. But gold would not be spoiled in five years or in a hundred years. By translating your vegetables into gold you can hoard those values until you are ready to use them. Finally, money enables us to make exchanges quickly, easily, and economically. Suppose you live in Kansas, I in New York; you have a horse to trade for my cow. Shall we drive the horse that distance and lead the cow from New York to Kansas? That would be very expensive and worth more than the animals. But by using money I can change my cow into gold, you your horse into gold, and then we can send the gold through the mail at slight expense. There could be very little trading done where each article had to be bodily transferred to the place of the exchanging article. These are among the more important functions which money has to perform and they reveal to us how essential it is to a civilized society. They will also suggest what sort of material is fitted for money. To serve as a medium of circulation a commodity must possess high value in small bulk. Iron was used by the Spartans but unsuccessfully because it was too clumsy. A thousand dollars in iron filled the house. The Chinese use copper and often a mule-load will be worth thirty dollars. Such metals are not desirable because they take up too much room. Money must be of equal value in all its parts. If I have one of my imaginary wash boilers to trade to you for a part of your cow I might receive a part of no value, such as the hoofs or horns. But this does not hold good of gold; one ounce of it is as valuable as any other ounce. In other words, it is homogeneous. A currency must be durable. If it wears out easily it will cause intolerable fluctuations of value. Skins are used by many savage tribes but a skin grows less in value as it grows older hence can never serve as a fixed standard. But gold or silver wear slowly and depreciate at almost' an unnoticeable speed. Money must also be everywhere recognizable and acceptable. If we used beaver hides as currency folks in Florida would not want them because furs are useless in a hot climate. Gold and silver, on the other hand, seems acceptable among all peoples and in all climates. A metal to be useful as currency bust change in value as little as possible. Were we to use butter as a means of exchange we should never know how much we were worth because butter is always changing in value. One pound may be worth less next month than this. But. gold or silver are comparatively stable and fluctuate very little. The story of gold and silver money is an interesting one but too long for our present space. It is supposed that the Lydians were the first to coin these metals. Whether that is true or not it is certain that gold and silver were finally chosen by all progressive people through a long and laborous process of "natural selection." Almost every other metal or commodity has been tried but experience shows these to be the most satisfactory. Turgot was so carried away by this that he even broached the doctrine that it was predetermined from the creation that these two metals should serve as money. At first the governments made little" attempt to coin either gold or silver. They simply stamped the name of a metal upon little cubes of it and let the exchangers weight it out on their scales. Later on its weight as well as its name was fixed upon it. After a while when commerce grew it was found that of themselves gold and silver are too soft to wear well so alloys came to be used. At present we mix about one-tenth to one twelfth of tin or copper with our gold and silver. Also by use the most convenient forms were discovered. Squares, globes, cubes, hexagonals and octagonals were tried one after another but all were discarded in favor of the flat circular disc. The size of this was also determined by long experience. A coin too small is easily lost, and too large is in danger of being hollowed out and willed with a base metal by those who want the gold within it; besides if it Is too large it becomes clumsy. We have also learned by experience that for the smallest coins silver and gold would be altogether too small; a gold penny, for instance, would be very minute. So we have come to use copper and nickel for these little exchanges. These coins are fixed in value relative to a gold standard, hence are called "token money." Metal money, even gold, is bulky in large quantities, hence is somewhat cumbersome in great transactions. This had to be endured however until the banking systems of the various nations had schooled the people in the idea of credit. After that most of our exchanges have come to be carried on in notes and "paper." Besides, the coining of money Is expensive and is always charged for by a government, such charges being called ."seigniorage." To save this seigniorage we now leave most of our gold and silver in bullion form in our treasury vaults and issue paper instead. These "green-backs" are "representative money" because they have value not in themselves but as representing gold. Even a brief study such as this will reveal to us that fn the last analysis money is simply one among the many commodities acceptable to all and fitted for currency. It makes it possible for you and me to say to each other, "You work so much for me and I will in return work so much for you." Every dollar represents so much work. It is not made by any government or the fiat of any ruler; it is made by labor of mind or brawn. It is at this point that the ethics of the subject come in. A just society is one in which every dollar represents a certain fixed amount of service contributed to the community, and it is one in which no person can receive a dollar until he has returned an equivalent amount of service. If by a transaction I receive a hundred dollars and give no value in return it means that someone, somewhere, has not received all he has produced. This being true what shall we say of a society in which it is possible for a babe to come into the ownership of a million dollars simply through the accident of birth? The babe has produced nothing. But a number of producers have somewhere else been defrauded out of just that amount; they have done the work which produced that wealth and the babe has received the product of their work. Every dollar which has not been paid for by an equivalent in service is a dishonest dollar and the fruit of robbery. That is one of the social certainties, for sure, and one we will all do well to learn.

FORUMOFTHE PEOPLE Articles Contributed for This Column Must Not Be in Excess of 400 Words. The Identity of All Contributors Must Be Known to the Editor. Articles Will Be Printed in the Order Received.

STUPID STEPHEN'S DAUGHTER. In the Richmond Palladium of August 1, I read an article on the above subject by Dorothy Dix, that moves me to protest. At fret I felt disgust of her treatment of th subject. After more mature thought I felt only sorry for her that she knew no better, and fear that some young husband or wife should experiment with the plan and find unhappiness, instead of happiness, as their reward. She asks first, "Is the happy way to be married the scrappy way?" Absolutely not! Any reasoning or sensible person knows that hatefulness or quarreling brings no happiness or even real satisfaction. Again she asks, "Can husbands and wives be too polite, too considerate, and too amiable?" Let me ask: Did you ever feel offense toward any one who tried to be polite, considerate or amiable toward you, no difference to how great a degree, so long as you were convinced they were sincere? Surely this needs no answer. And if this be true in the case of strangers, how absolutely beautiful it is in the case of one we love and who knows our faults and infirmities. She asks, "Is the perfect husband or wife not to be desired after all?" Humanity does not reach perfection; there is always a flaw, but when each strives for perfection in their treathent of each other, it is seldom either does a wrong or unkindness that needs forgiveness; but should this occur, as sometimes it will, the other extends perfect forgiveness. And I speak from thirteen years' experience, and not the five years she gives us in which to become disillusioned. Let me tell you why I disagree with her when she asserts, "You can overdo a good thing even in matrimony." I am happy as I believe it possible for a woman to be; my husband thinks more of his wife and family than anything else on earth, and my children (eleven and twelve years) fairly worship their parents, and prefer our society to that of any other. Why shouldn't I be happy? But what has made our home a veritable heaven on earth, and why does each think first of the other's happiness and welfare? First, perfect frankness. My children, boy and girl, give us their whole confidence; neither my husband nor I have the least secret from the other. The result is, first, greater ability to help each other (physically, mentally, morally, financially, industrially, every way, in fact) and second, an absolute trust. Second, we do not quarrel; when one becomes Irritable, the other "keeps his head." Result When one says or does an unkind or wrong act the other goes to the offending one and kindly and affectionately asks to be told all about it, and "let's reason it out." The of

fender is immediately ashamed and

says so, and it does not take long to

"reason it out" satisfactorily to both parties. How Infinitely much better than a quarrel, with the attendant ill feelings that always linger, even though you should "kiss and make up." So you see I don't think it exasperates one for the other to be sincerely "cool, calm and collected, while the other is a sething volcano." This thing of a man being "more adored if they keep their wives busy forgiving things." won't work, believe me. The woman in the case will soon tire of this, and the bonds between the two will be severed soon by the constant friction. Then there is a broken home, or a home without love, which would surely be an inferno. And as to the happiest women being those "who waste their husband's money on fine clothes," etc., can't you see on the face of that the mistaken idea? It stands to reason that a husband loves most the woman who helps lay up money for future needs and does not plan to keep his "nose on the grindstone" always. Iet both work and save now so that in their old age they can both rest and have plenty. When 1 see a woman spending all her husband's money for clothes, I think two things, viz .That she is trying to buy pleasure and happiness in good clothes, and to do it is spending her husband's love, energy and their ideal home. Is this worth while? We surely have an ideal home. When my husband wishes me to play or sing, I let nothing interfere. When I want him to read aloud to me he never refuses. When he wishes to attend a baseball game or horse race, I plan my work and go along. Interested? Well I should say I am. I know a baseball game from A to Z, and am the worst rooter of the two: and I can pick a pretty sure winner in a horse race. When I wish to go to a theatre or shopping, he gladly goes along, and is not only interested, but when I purchase anything he helps make an intelligent selection. Now, isn't this worth while? I only submit this in hopes that those who read the articles from Miss Dix's pen will also read this and deduct my moral, which is the opposite of hers. It is impossible to be too good a husband or wife to your loved one, and you can experience heaven on earth and be happy every minute if our plan is followed. A READER.

make up as fine a program as can be j found in the city. Sunday you will ' see Handsome Jack Kyrigan, the American star, in an entirely new role. He takes the part of a cavalier of the romantic days before the French : revolution, in "The Adventures of Jacques," and he will be as popular in ' h!s new clothes as he was in chaps ; and sombrero. On the nrnsram ia a I

"Mutual Weekly, No. 33."

"Hello. Bill." 'Hello. Bill." as resented by the Francis Sayles players at the Murray theatre this week, has bt-eu playing to capacity houses, and every one goes

away pleased The play will be given ,

tonight for the last time.

Everything O.K. With your appetite your digestive orsrans your

jiver your bowels. If not. you should

try a short course of

"In Wyoming." "In Wyoming" is a picture drawn in glowing colors and gleaming sunshine of life on the boundless plains. Willard Mack, the author, who was born in Wyoming, and passed many years there, gives a truthful representation of stirring life oa the frontier. The story of the play teems with the virile breath of the prairies, it lascinates with its iowerful plot of love, intrigue and adventure, and compels a hearty laugh with its bright comedy, softened anon with a gentle touch of pathos. The beautiful story is so naturally unfolded that it instantly appeals to the hearts of every man and woman in the audience. Mr. Sajies used this play during his long engagement in Newcastle, l'a.. and it proved to be one of the very lust western plays of the entire season. Mr. Sayles as well as his entire company will be seen to advantage. The usual matinees on Tuesday, Thursday and Saturday will be given.

rJMTKE

GOIDE

At the Murray. Week of Aug. 1 "In Wyoming."

"A Bachelor's Romance." "A Bachelor's Romance," which was played by Sol Smith Russell for many seasons, will be the offering of the Sayles players at the Murray theatre all week following "In Wyoming." Mr. Sayles' many friends remember his work in "The House Next Ioor" and "The Lion and the Mouse." In "A Bachelor's Romance" he will again be seen in an old man part, but entirely different from any he has ever played in Richmond.

-a It helps ature

overcome such ills as Flatulency, Imiijrestion. Constipation. Biliousness, Cramps and Malarial Fever. Get a bottle today.

LOANS

2 Per Cent Per Month on household goods, piano, teams, stock, etc.. without removal. Loans made ii. all surrounding towns. Call, write or phone and our agent will call at your house.

Private

Ret labia

THE STATF INVESTMENT AND LCAN COMPANY Room 40 Colonial Btdg. Phone 2560. Take elevator t Third Floor. Richmond. Indiana.

REX

Liquid Poultry Remedy "SAVES THE SICK" Fr Gr. Rt. DurrW. U - lrrk anj all !tr f iiMlio. Ntcarc. n Mv. It wkilc tkry IMM. Price 25c and 50c. THE REX CHEMICAL CO. Newport. Kr.

DON'T WORRY THIS HOT WEATHER JUST PHONE US And we'll deliver that Rox of Pens Rottle of Ink or whatever you may need in the office supply line. B ARTEL, & ROUE 9-'l Main St.

PALACE TODAY OH SUCH A BEAUTIFUL OCEAN Thanhouser Comedy THE GREATER LOVE" Majestic Drama An American Comedy SUNDAY "THE ADVENTURES OF JACQUES" In 2 Reels With Warren Kerrigan. American Drama

Palladium Want Ads Pay.

Palace. Three especially good films are

pleasing the patrons of the Palace to- j day. "Oh Such a Reautiful Ocean," a j clever Thanhouser comedy, with Wil-: liam Russell and Mignon Anderson; i "The Great Love," a powerful Majes- j tic drama, and an American, comedy, ;

That Wonderful Event

si:n

EMU

ra!i!!lli!!!Sl!li!i::!i:W

TF THERE is a time above all times when a - woman should be in perfect physical condition it is the time previous to the coming of her babe. During this period many women suffer from headache, sleeplessness, pains of various description, poor appetite and a host of other ailments which shouIJ be eliminated in justice to the new life about to be ushered into this world

dr. pierce's FAVORITE PRESCRIPTION is a scientific medicine carefully compounded by an experienced and skillful pnysician, and adapted to the needs and requirements of woman s delicate system. It has been recommended for over forty years as a remedy for those peculiar ailments which make their appearance during ' the expectant" period. Motherhood is made easier by its use. Thousands of women have been benefited by this great medicine. Your druggist can supply you In liquid or tablet form, or vou can send 50 one cent stamps for a trial box of Dr. Pierce'a Favorite Prescription tablet, to Dr. Pierce, at Invalids' Hotel and Surgical Institute, Buffalo.

M Itis V"r priviledge to write to Dr. Pierce for advice, and it will be gladly U j gwen frte of charge. Of bourse all communications are confidential. jf

WE SELL THE BEST

jvyiJoTiyinni

MONEY CAN BUY in the past twenty years we have placed many of the finest monuments in the local cemteeries. Perry T. Williams & Co. 33 NORTH EIGHTH STREET

Matinees Tuesday Thursday Saturday

SIXTEENTH BIG WEEK

STARTING

Matinee Prlcea 10 and 20c

M

NDAY, AUG. 18th

THE

Francis Sayles Players In a Romance of the Western Plains

A Western Play Without a Shot The Scenes, the Atmosphere, Depicting the Simple Life of the Open Range A MASSIVE PRODUCTION

Night Prices 10, 20, 30c at 8:15 Prompt

WEEK OF AUGUST 23 Sol mith Russell's Great Play A Bachelor's Romance

Matinee Tuesday Thursday Saturday

OPENS

CIAOTATOM !

TOMORROW !

"ESS? Mawi

aHMiuflSom B00M1 lecture

"LIGHTS AWD SHADOWS OF PRISOM LIFE"

Monday's program full of good things. Prof, and Mrs. C. RuckerAdams In splendid lectures. 4:00 F. M.: Chicago Opera Co. S:00 F. M. : Chicago Opera Co. "SCENES FROM ROMEO AND JULIET."

Adlmnilssloni All Day

AMY OAlr :

A