Richmond Palladium (Daily), Volume 40, Number 195, 29 July 1915 — Page 2

PAGE TWO

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, THURSDAY, JULY 29, 1915.

STATE INVESTIGATES AUDITOR'S REPORTS Oil ROAD MILEAGE

Wayne county will again lose a large amount of money paid into the state treasury for automobile licenses an account of the fact that the mileage of free gravel roads in this county is much lower than in many counties in the state. In a long distance telephone call late yesterday. County Treasurer Chamness was informed by the state treasurer that the complete report on the amount of money to be returned to Wayne county and the other counties in the stats, had pot been made because of a delay In checking up the reported mileage of roads in the counties In th state. Last year there were 26,796 miles of gravel or improved turnpmtes m me state and there were only 240 miles in Wayne county. This has been increased during the past year to 315 and this will help in securing , more money from the state fundArrnrdtnar to the state treasurer, it was suspected that some of the re ports turned in by tne county auauurs in some of the counties relative to the number of miles of free turnpikes misrepresented the facts and an investigation is being made of the auditor's reports this year by the state hnnrd of accounts. This will insure a fair apportionment and may cut down the loss of money in this county. Tba apportionment to the various counties is made on th efollowing haU: nnn-thtrd in eaual portions; onettHnrd according to the number of automobiles and one-third according to the mileage of gravel or improved roads. '; , : : v. SOUTHERN STATES AIMPT HCW I M!R IIUUI I lii.ffff i.nfiw A race to avoid being the last State in the Union to adopt compulsory edu cation laws is apparently under way in tl: Southern States, according to re.-.a Bur' received at the United States A Education. There are now roe States without such laws, onl: j FIcjU a. having recently joined Texas and South Carolina in adopting compulsory education by legislative enactment. The three States still without laws are Georgia, Mississippi, and Alabama. The new Florida law provides that on petition of one-fourth of tne eiec tors of any special school district or county, the county board of education shall call an election to determine whether attendance shall be compul sory therein. A three-fifths majority vote is necessary for adoption. Cfyil dren between 8 and 1 years of age are required to attend for at least 80 days each year, unless exempt because of, physical or , mental disability; be cause they live 2XA miles from a school and no transportation Is pro vided: because their services are re quired for the support of a depend cnt family; of because their parents are unable to provide books and clothing. NORTH A TO COST TOTAL OF $33,358 North A street property owners, who fought so hard to prevent the paving of that street and who are now great ly pleased because it has been paved will be assessed less than $1.45 per square yard for the improvement, City Clerk Bescher ascertained today. The total cost of placing asphalt paving on North A street from Fifth street to Sixteenth street was $33,358.14, of which amount the city will pay $12,700.36, which includes the assess ment against the city for the paving in front of the pogt office and the east end hose house. The board of public works ordered the clerk to prepare the final assessment roll , for the improvement today. New photos of McLaughlin (top) and Williams. Maurice E. McLaughlin is in the east again, his purpose being to compete in the lawn tennis tournaments in that section of the country. He had not originally intended to go east at this time. His keen desire to secure again the holding of the naUVUMI singles VIMWM1U11BU1M JtClU UJT R, Norris Williams 2d probably accounts for his change in plans.

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CAN U. S, AVOID DEPRESSION THIRD YEAR AFTER VJAR ENDS

BY EMORY R. JOHNSON, Ph. D. Will it be possible for American producers to prevent the occurrence of a business depression or panic such as usually comes about the third year after the close of a great war? Unless this can be accomplished American, as well as European Indus tries will, within a few years after the close of the wart have to pass through a period of drastic liquidation and reorganization. A generalisation based upon the past would lead to the prediction of a panic, but recent improvements in financial and industrial organization afford reasons for believing that it will be possible, if not to prevent an! after-war panic, to keep the business depression within favorable limits. When the war in Europe began American industries were running at a slackened pace. ' For two years busi ness had been dull, Tne lmmeaiaie effect of the war was to close some important foreign markets for American goods, to close the stock and produce markets, and to restrict the accumulations afforded by banks. Situation Remedied. Had this condition continued for any considerable time It ' would have caused a panic In this country. The banking situation was soon remedied, and European prders for food products and military supplies began to come in such volume as largely to make up for the loss of the foreign markets due to the outbreak of the war. As the war has progressed an increasing amount of American capital has been temporarily Invested in plants for the production of war sup plies Some rf these plants are connected wit- --il mills, others with locomotive and others with shoe manula. lies and with textile establishments. The German ambassador was not altogether incorrect in stating that the European war had developed a new Industry in the United States. Every important war in the past has been followed by a sudden expansion In the industry and commerce of the nations Involved in the struggle. Upon the restoration of peace producers will seek to dispose of accumulated stocks, materials will be purchased with which to renew production, and everybody will make extraordinary effort to recover the losses . incurred during the war. Means Big Trade. ; It is certain that . European purchases in the United States will be large during the first year or two following the declaration of peace. Necessarily, American goods will have to be bought upon credit, and it may confidently be. expected that European buyers" will extend their credit as far as possible. ' Having thus stocked up with Amer ican materials . : and having " gotten their industries' in f operation, Euro pean producers, within two years after the close of : the war, will limit their purchases as much as possible, and will endeavor to sell a large volume of manufactured products in order to reduce their debts and to se REMEMBER The Big Festival, Social and Entertainment Central Christian Church Tomorrow Night, July 30. DELICIOUS REFRESHMENTS A SPLENDID PROGRAM A GENERAL GOOD TIME A 10c ticket takes you all the -way-through, and entitles you to Ice Cream and Cake. TAKE A FRIEND WITH YOU. LYNN, FOUNTAIN CITY, and RICHMOND AUTO LINE Headquarters Knollanberg's Annex. Owned and Operated by J. H. Denison Two Regular Trips Are Made Dally Between the Above Points. Leave Richmond at 10:30 and 4:30 p. m. Leave Fountain City at 11:30 and 6:00 p. m. Arrive Lynn at 12 noon and 6:00 p. m. Leavo Lynn at 7 a. m. and 1 p. m. Leave Fountain City at 7:30 a. m. and 1:30 p. m. Arrive Richmond at 8:30 a. m. and m -d ofi: Buy C O O F E re s Blend Coffee Our Regular $5.00 PANAMAS AND LEGHORNS This Season's Best Style Hats at V2 Price Lichtenfels In The Westcett. Notifies I will be out of the city during the month of August. Specialty Painless Dentistry .. Dr. E. J. Dykeman. Over 16th and Main Sts. "

cure foods for further industrial ex

pansion. . .. .. In most countries and specially in the Unite4 States, most pf the large industries are organized and federat ed. Ia the steel, copper, petroleum and other industries output and prices, while not completely controlled by associated action, are so regulated as to five a stability to industry that was impossible ten or twenty years ago. Moreover, each of the principal lines of industry is organized on a national basis, and, to some extent, with reference to an international market. ' Organisation Improves. Organization is increasingly able to make industrial output correspond with present and prospective market demands. This fact was, emphasized in the ' recent decision of the United States ; Circuit ' Court in the case against the Steel Corporation, the court holding that the organization, of the steel Industry effected through the Steel Corporation has resulted, "first, in a mora general idvision of business between all competitors in the steel business than under the old system; second, in tending to mini 5? -m V i 1 F A

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mise th shutting down of Its own and its competitors' plants in time ot depression, and," third, it has made steel products nonrspeculative." The day of business depression is not past, bui there are grounds fox believing that tea present , organisation or business together with the hanking laws and practice and the system of currency now prevailing in the United States may prevent a future business depression in the United States from reaching the wtage of panic. Without an efficient organization pf industry and without the Federal Reserve act, - the boom following the close of the European war would almost certainly be followed by a severe industrial panic in this country. It is most fortunate for American industries" that the Federal Reserve act has enabled the banks to marshal

the gold reserves of the country for the support of credit,. and to supply business with the increased credit and the larger volume of currency that is needed during business depression. and which will he req-ired when the inevitable period of business contraction and liquidation arrives, two or three years after the close of the pres ent war. . . ; , ADDRESS PICNIC ; EATON, O., July 29. SUte Agricul tural Secretary Sandles and County Agent M. C. Thomas of Greene coun ty, will address a picnic to be held Saturday by members of the West Alexandria Farmers' Institute society The picnic win be held in a grove north of -West Alexandria.

Formal Ooeek

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Saturdav. Julv TV TTTffn" T 'raSi rm. LJ 1A mF which has lust been completed a m .

lation of the city of Richmond, Wayne and adjoining counties, we extend a most hearty invitation to be present Saturday opening day. Music Flowers.

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First Natioeal

Cor. 7th & Main Sts.

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IIOYARTII'S RECORDS 6Et BOARD'S 0. K.

The records of Ex-townshlp Trustee James Howarth were found in excellent condition by the state examiner. G, H. Hendreo. who made his report to the state board of accounts today. A copy of the report was sent to Mr. Howarth. fThe report covered the period from January 1, 1914, ' to Dece.mber'31. 1314. ;: J A total balance of f 19,204 remained In the township funds when Mr. Howarth turned oyer the office to Trustee Edgerton. The thirteen schools In the township are Insured for $60,170. ccording to the reportl There were po recommendations relative to the management pf the office made by the State examiner. During the year, 1914, the township teachers were paid an average . of $3.40 a dayMEN OBTAIN JOBS . Very few calls for aid have been re ceived by either the charity bureau or the township trustee during the past few weeks. This indicates that a large per cent of the men -who were out of work early in the year have secured .work now, according to Secretary Melpolder. The factories seem to be em ploying more men than, any time this year. The Simpson railway tunnel Is abouttwelve miles long.

31. 1915. 2:30 to 5:30. 6:30 to 9:30

OF OUR TV TT7" TT WL sU I m m mm amsr at the corner of th and Mam 'I 1 ft!

SENDS EIGHT SONS TO GREAT CONFLICT BERUN, July J9. Solomon Loah, a merchant at Zwaibrueeken, RhtnisbBavaria. enjoys the unique distinction of having eight sons at the front with the 'Bavarian army. ? Three of the young men joined different regiments as volunteers and two of the older ones have already bean decorated with

taa iron cress, ss xar mur mm ox w eight has been seriously wounded. Mr Loeb himself is a veteran of the war of 1870-71. , , .. WSES FIVE SONS V BERLIN, "July J9-Exceptionally heavy sacrifices the-war "has claimed from Gottfried Erber, a farmer of Nie-der-Alsbach, and his wife. Five sons of this couple havs been hilled in bat. tie snd their last son is now at the front. ' T J... ,. . L Tha London : salvage corps, maintained by the various insurance pompanies, consists of ex-navy men

DR. E. P WEIST ELEGTRICITY X-Ray, Static High Frequency, Galvanic and Faradic Treatments. ; Especial Attention to Chronic Diseases. 119 SOUTH 13TH ST? ICHMQItfp, fD.

TTT TTTW I I I I 1 I I I fl fflr 1 V streets, lo the entire popu ,tl 1 Baok Richmond, Ind.

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p torn Fer SwoUen veins mx dnroua b4 bunt. - SuStrtn are a4yis4 Ut ajt s two-ounce original' bottle f lloonea rsid Oil fSi twth of aw oh macist and start fo reducs the Veins and bunches at once. H Physician rcommna Kowfald W. " to used In hosPMal prtc S4 a swag bottle will im.l a lon time. J NUe J mM-,nim4 a. little IOM a Ions

" -. -'TLV-X . L if t.r Kith A nnlw nlSBt soft 'brush as directed as directed unUTthe sweUini la reduced cnTthar s ffifii&Mvx goiter and varTcoce&appear whs i u tteadur. aenerous sjssafcto aq for J So marvei eents ti Mnnno Chemical Cm Been ester. Leo H. Fiha. and soft, sore, ponsY. receding gums re turn' to a healthy eendiUea and lo teeth become arm by the dally use ot Glnglnoi. Ak your dru exist for a small Palladium Want Ads. Pay. ST3 mm mil linur . (flBKKflHj ittmmi -ilIlltHiiiiinilin '4