Richmond Palladium (Daily), Volume 43, Number 134, 17 April 1918 — Page 6

PAGE siy

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, WEDNES., APRIL 17, 1918

THE RICHMOND PALLADIUM

AND STjfri-TELEGIU

Published ; Every Evening Except Sunday, by Palladium Printing Co.. Palladium Building. North Ninth and Sailor Streets. Entered at the Post Office at Richmond. ln"ana. as Second Class Mall Matter. MEMBER or THE ASSOCIATED PRESS Th Associated Press Is exclusively entitled to the us for republication of all news dispatches credited to It or not otherwise credited In this paper and alsj the local news published herein. All rlarhts of republication of spedispatches herein are also reserved.

Wayn

ies Lesson for the Nation

Laymen who are not students of banking are probably at a loss to understand the importance attached by the Wayne County Liberty Loan committee to selling the bonds directly to the people and urging the banks not to subscribe. The reason is simple. Banks are reservoirs for the peoples' money. Properly managed banks keep their resources in what is known as liquid form. That is, deposits, the peoples' money, are always flowing mainly in two directions. To the

people as they check out for their financial needs and to the business men as they borrow, on good

security, for their merchandising or manufacturing necessities. These loans to business men are for short periods, rarely over six months. They represent commodities and products purchased or manufactured that will find a market within the period of time covered by the loan and thus enable the loan when due to be promptly paid. A subsidiary function of banking js to finance, not own, the permanent investments for the peoples' savings. Permanent investments, stocks and bonds, under normal conditions are simply long time loans to business men. If the banks own these long time loans the fluidity of their resources is impaired and an unsound banking condition results; loans are not repaid rapidly enough to care properly for the usua? volume of short time commercial loans or deposit withdrawals. Consequently banks are justified in financing investment issues, loans to stock and bond dealers, only to the extent of the surplus of their resources above the amount necessary to take

care of the needs of their depositors and commercial borrowers. These loans are also short time loans, running only long enough to enable investment dealers to sell their securities to the nation's savers.

industry as the supply of currency shrinks with the paying off and retiral of bonds.

The ounce of prevention is simple and at hand for avoiding these things It is not a theoritical ounce of prevention, either, for Wayne county has proved that it works. In Exactly eight days' time the Wayne County Liberty Loan committee sold $1,150,000 of Liberty Bonds, $50,000 over the county's quota, to the people, the savers. Not one cent of that amount was sold to the banks. Wayne county consequently has done a double duty for the republic's future. It has loaned of its substance liberally 't hat the nation's liberty shall be maintained unassailable. It has financ

ed its loan in the only manner possible consist

ent with maintaining the soundness of its banks and guarding, against the evils of future inflation

and deflation.

What Wayne county has done the nation can

do with succeeding Liberty Loans. R. G. LEEDS.

"Gravy goes well with potato." This statement is officially issued by the department of agriculture. It is one

taxpayers pay the expense of publish.! n Mr Ifwrence Wlssler Sunday

ing It. The patnpmet aiso says a mixture of fish and potatoes Makes flshballs." We are learning something every day. If the war keeps on long enough we will be a wise lot. .. , ,

The War Garden Drive

With the Liberty Loan allotment for Wayne

county obtained, and the , War Savings Stamp

movement well organized, it is well for citizens to remember-that the food conservation drive is still on and will be in force until the war is won. The crying need of the world today is food. It is estimated that 4,000,000 persons have died of starvation in the last four years in Europe and Asia. America is the country to which the world is looking for succor and relief . The Allies still need all the grain and meat products we can spare. We ourselves are feeling the scarcity of wheat. Increasingly stringent food regulations constantly . remind us both of our duty and the actual need of thousands. One of the potent influences in increasing the food supply and of affording relief to the Allies is the war garden. It is the ground you till for kitchen products. It is the space that is retrieved from the growth of weeds and the dumping of rubbish and tin cans. It is plat that is made productive and puts you in the class of producers. Extensive preparations for the cultivation of

home gardens have been made in Richmond. Not

only have vacant lots been listed but competent men have been hired to give instruction and advice. The movement will not fail because of lack of organization. It will succeed in proportion to the zeal and earnestness of the home gardeners. The schools are back of this movement with vital energy. Pupils have been instructed as to the necessity of growing foodstuffs to keep the small consumer out of the market so that the government will find both little competition and an abundance of the products it needs for the support of the men in the trenches and training camps. Every home garden is a shell fired at the German opposition. If food is ammunition, let every citizen be an agricultural munition worker. Help win the war in the kitchen garden.

James Murphy spent Sunday atTonnersvllle and helped the Knights of Columbus Initiate a class of sixty M(??'ey and daughter spent Monday with Mrs. Julia Ball... Mr and Mrs. Jarrett anri rhiin -

!of lchmni were guests of Mr.

f&UU i Mrs.

"Send Us Airplanes" From The Chicago Tribune.

rE have oeen tola mat wtiue we nave no battle

Today our government has taken the place of business men in the issuance of securities. Government has gone into a tremenduously important business, the business of waging war on Prussian barbarism. To properly equip itself for carrying this enormous business operation to a successful conclusion, government has to borrow and keep on borrowing untold, billions on long time loans. Essential industry and commerce, however, must go on just the same. Therefore, governv ment long time loans must be regarded, in their relationship to sound banking, in the same way as the business men's long time loans. The banks must not be loaded up with government bonds. The savers of the nation and these should rightly be termed its saviors along with the boys at the front or in training to go there must buy, pay for and own and keep these bonds. During the present Liberty Loan campaign community after community is lauded as it

"goes over the top" with its quota of bonds sold. Analyze the subscriptions of these communities, however, and you find their banks are heavy subscribers. Of course, in most cases these banks have subscribed with the idea of being able to sell the bonds again to savers and thus maintain the soundness of their banking positions. If such banks fail in their object with this as well as with the successive Liberty Loan3 that must come m the future, then the nation's banking position will become unsound. To avoid downright insolvency it will be necessary to resurrect that old civil war expedient, a bond secured currency with all its attendant evils. In1 X 1 1 I

llation Will raise uuui prices uu iuuKinot count them. It took the combined efforts of the as SUC'h a currency expands with additional bond I French and British aviation corps three days to get the

issues. With the coming of peace and not only the cessation of bond issues but also the beginning of repaying and retiring bonds issued, will come deflation and its accompanying ills. Prices and

wages will fall causing failures and dislocation of three thousand miles away.

plane in service or ready for service, we have a plentiful supply of practice planes.

But at one aviation camp, we are informed, a thousand or more of apprentice aviators, having completed their ground work, have been waiting a month or more

for their first practice flight. A month means a lot at the front. We have been

over a year at war. Nearly seven hundred millions was voted last summer for aircraft production. We account ourselves the greatest industrial nation in the world, but our troops at the front are relying today upon French and British airmen and a few Americans in French and British machines to perform the vitally essential functions of the air service. No explanation can explain this way. It is an. intolerable condition, discreditable to America, dangerous to American soldiers. There should be a drastic revision of air board personnel and methods. We can afford to lose no more time. Major Howe of the British Royal Flying corps, just landed in America, says. "Send us airplanes, for God's sake, more airplanes. During the early days of the present offensive the enemy literally filled the air with airplanes. They came so thick we could

He got up in the morning with a grouch. He looked at the headlines of his paper. He wanted to find out what had gone wrong. He found that almost everything had. He went downtown with a sore head. He didn't speak to his blond stenographer. He was darned good and sore at , everything. He received a visitor about noontime. He found the caller had Liberty bonds to sell. He said he wouldn't buy a Liberty . bond. He was dead sick of war and all its business. He listened to more long arguments. He finally bought his first Liberty bond. He put his hat on the side of his head. He strutted down the street like a thoroughbred.

He wanted to punch somebody in thei

nose. He yelled: "To hell with the kaiser. He is a rut. We can lick his whole family." He went and bought two more Liberty bonds. He tried to join the army, but was too fat. He went and bought three more Liberty bonds. He seemed to feel better every minute. He wanted to whip every pro-German in town. He thought it was his own personal war. , . He went home and kissed his wife and He gave her a hundred bones to spend. He was never so good-natured before. He is running the war now and buying more bonds. He will fight , it out to a finish. Buying a Liberty bond is good for the soul. It doesn't help the country half so much as it helps the individual who buys it. As soon as he buys a bond, it is his personally conducted

war. He .is a better patriot than ever before. He is a partner in the business. It helps his digestion, his tem

per and his general disposition.

J-iijr tviBgnn in v ! . r

5? Ke,lem- Mr Kellem Is sick. . . . .Mr. and Mrs. John Warren spent Sunday in Dayton Sunday after- ? co wires of the elec trie light line, in the south end of the town burned out and Milton was without electric light until Monday afternoon ;. Albert Newman was at Connersville Sunday evening to play In the KnJr a, Patr,ot,c meeting of the Knights of Columbus Mrs. Lafe Beeson and Mrs. Oscar Kerlin and children were at Richmond Saturday. . ine Class day exercises of the Senior class wl be held at tbe Methodist church Saturday night instead of Fri- ??.. ght on acc"nt of the Evan Williams concert at Richmond. .. .Mr. and Mrs. Theo Crist and Mr. and Mrs. Elmer Weaver were at Connersville Satuday evening.... The Home club met Friday night with Mrs. Morton Warren. Mr. and Mrs. Elmer Lowry . J? urday for a v,8,t wlth relatives at El wood Mrs. Emma Swayne returned Sunday from a visit with her children, Mr. and Mrs. Walter Cooper, at Tipton... Mr. and Mrs. Frank Jones had as guests Sunday afternoon, Mr. and Mrs. Netf Howe and Mr. and Mrs. Fred Jones of Muncie Mr. and Mrs.

M ,, ce' Mrs- Harvey, Mr. and Mrs William .

-. iranatc were guesis or

mr. ana mrs. Bert Griffin at Connersville Sunday afternoon Miss Ruby Moore of Richmond is spending a few days at Milton with her parents.... Mrs. E. P. Jones and Mrs. F. M. Jones spent Tuesday at Indianapolis. Mine developments will be undertaken by the Volco Lead & Zinc Co., Oklahoma City, incorporated with $200,000 capital.

CRIME WAVE IN ENGLAND LONDON. April 17. Crime in'England Is now showing an upward tendency, after a remarkable and continued fall since the beginning of the wai The annual report of the British constabulary attributes this to restriction of street lighting and shortage .. of police.

Vote Citizenship to 123,000 Drafted Men

WASH1RUTUS, V. V.. AprU 1The senate late yesterday passed the T hill tn nntiirnlla 199 MM man In thr V

draft army who are not American citizens.

After each meal YOU eat one

ATONiC

It is estimated that near 40 per cent, of women workers in Washington re-

ceive approximately $S a week.

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upper hand." Our flamboyant promises of last summer have come to a sorry fizzle. When our allies' need is greatest we

give them nothing. We borrow from them instead of ad

ding to their resources. Our men are protected by their

battle planes while our aviators wait for practice planes

DINNER 5TORIEJ The subject of rifle shooting often crops up at one of the training camps. "I'll bet anyone here a box of cigars." said Lieut. A., "that I can fire i shots at 200 yards and tell without

waiting for the marker the result of each one correctly. "Done!" cried MaJ. B. And the . . A i . i . '

wnoie mess turnea oui eariy me ui morning to witness the exepriment. The lieutenant fired. "Miss!" he repeated. Another shot. "Miss!" he repeated. A third shot. "Here, hold on!" put in Maj. B. "What are you trying to do? You're not firing for the target." "Of course notf" was the cool response. "I'm firing for those cigars!"

Jack Dillon Does Quick Work With Hugh Walker MEMPHIS. Tenn.. April 17. Jack Dillon of Indianapolis may not be the "giant killer" of old, but he tamed Hugh Walker of Kansas City here last night in eight rounds and did it in such a thoroughllke manner that he does not rppear ready for the pugilistic grave that has been dug for him following several of his late lights. Dillon had six rounds and two the fourth and eighth were even. But for the fact that Dillon hurt his right hand in the third round, Walker might have taken a worse beating.

Mothers with sons In the service have firmed a woman's prayer battaln in 5plWburg. Pa.

1 Masonic Calendar

Wednesday, April 17. Webb lodge. No. 24, F. A. M. Stated, meeting. Saturday, April 20. Loyal chapter, No. 49, O. E. S. Stated meeting. Initiation of candidates. -

Miller's Antiseptic OH Known Smiailke On II

Accomplishes Most Wonderful Results

"I want to thank you for your wonderful oil, states Mr. J. C. Gibson, of Jonesboro. Ark. My little g-lrl was low with diphtheria; I had Riven her two doses of medicine which vost me $20 with no results. I bought a 0c. bottle of your oil and one application relieved her. Now she Is well. It is the greatest remedy I ever saw." Mr. Gibson made this statement before hundreds of people. Mrs. Florence Meager, 234 Whitney Street, Hartforl. Conn., writes: "I have used your Antiseptic Oil for neuralgia with good effects. Only thing I have ever tried that stopped the pain immediately." Mrs. Williams, Gadsden. Ala., writes: "I have used your great pain oil for rheumatism, stiff joints, also for sore throat, and want to say that it is the greatest remedy I ever tried. I recommend it to all sufferers." Many cures reported daily from thousands of grateful users of this wonderful oil. J5i-ev hottie guaranteed. 30c, 60c and $1.00 a bottle or money refunded. On sale at Thisflethwalte's Drug Store.

SHERIFF'S SALE By virtue of a Copy of Decree to me directed from the Clerk of the Fayette Circuit Court, I will expose at. Public Sale, at the Court House door, in the city of Richmond, Wayne County, Indiana, on the 2nd day of May, 1918, between the hours of 10 o'clock a. m. and 4 o'clock p. m. on said day, the' following property, to-wit: A part of the northeast quarter of Section One (1), township thirteen (13), range two (2) west, and de

scribed as follows: Beginning in the north line of the National Road at a point twenty-one and 30-100 (21.30)

feet north of the centre line of said road and forty-eight and 23-100 (48.23) rods west of the east line of said quar

ter section, measured along tbe centre line of said road, being the southwest corner of the land formerly owned by one Lulu Moorman; thence north one degree east along the west line of the lands formerly owned by said Lulu Moorman and others Fifty-six and 29-100 (56.29) rods fo a gas pipe: thence east twelve and 3S8-1000 (12.386) rods to a gas pipe; thence south fifty-four and 26-100 (54.26) rods to a point in the north line of the National Road, said point being twenty-one and 30-100 (21.30) feet north of the centre line of said road and thirty-four and 98-100 (34.98) rods measured along the Cbntre line of said pike from a stone at the intersection of the east line of said section and said centre line of said turij-pike, then west with the north line of said National Road thirteen and 25-100 (13.25). rods to the place of beginning to be sold as the property of James H. Mercer and Sarah E. Mercer to satisfy said Decree in my hands in favor of Clayton Hunt. Said sale without relief from valuation or appraisement laws. . CLEMENT V, CARR, . Sheriff of Wayne County. April 10th, 1918. ' Freeman & Freeman, Attorneys for Plaintiff. - - - Apr. 10-17-24 !

One of th'e busiest places In the county Is the Gaar Nuseries, Cambridge City, on the National road. Customers are coming for milejs around in their autos and getting large orders and are agreeably surprised at the size of these nurseries and the superior quality of the stock. Visitors report also that their prices are very reasonable. The following are among some who have been there and bought large orders: "The finest and cleanest nursery stock I ever saw." Jos. A. Jenkins, Richmpnd, R. F. D. "It will pay anyone wishing nursery stock to go to the Gaar Nurseries. We were agreeably surprised at the size of these nurseries and the fine stock they have. We each bought large orders and are telling our neighbors to go there too if they want what they buy." U. M. Stewart, Geo. Ballanger, O. C. Weyl, Economy. "Have just been at the Gaar Nurseries for my spring orders and find their stock, as usual, clean, fine and reason

able. They have anything you want."

Carlos Tubesing, Webster. "The stock at the Gaar Nurseries Is

superior to anything I have ever bought. Everyone wanting nursery

stock should patronize them. They are

courteous gentlemen." Thomas Oler,

Williamsburg.

"M. H. Gaar of the Gaar Nurseries Is

an artist in his line and his stock i

fine. No one will be disappointed by

getting him to plan your grounds and furnish your shrubbery and trees. I can cheerfully recommend him to any

one." W. E. McWinney, E. Main St, Richmond. "Any one wanting landscape work done where you can get valuable suggestions for nothing and heavy transplanted stock furnished for your setting should go to the Gaar Nurseries. Mr. Gaar is a courteous gentleman and

his nursery stock is fine." B. C. Gaiser, Centerville. "We were agreeably surprised at the size of the Gaar Nuseries and the fine stock found there. We did not know

that there was a nursery where everything is first-class, but you can find it there. We were highly pleased with the large orders we purchased. We are recommending this nursery to our neighbors. Indiana should help boost this nursery as the proprietor has what you want and will give you valuable suggestions and a square deal." C. H. Rohe, W. M. Puthoff, New Paris, Ohio!

BONA ,

A fact to think over In spite of soaring food prices of profiteering, by conscienceless speculators in spite of all conditions that tend to raise prices, the price of "Bona" has been kept the same, and it has suffered no cut in quality. IHleMA Coffee

is held in popular esteem by housewives everywhere because they know its uniform quality can be depended upon, and its price is within the reach of the humblest purse. Steel cut, and kept fresh in air-tight containers. Ask your grocer for a trial can.

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sell mileage, and tack this Yearly Membership Certificate on your car.

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CHASE TIRE SERVICE STATION. 12 South 6th Street. Richmond. Ind