Richmond Palladium (Daily), Volume 44, Number 166, 25 April 1919 — Page 6

THE RICHMOND PALLADIUM AND SUN-TE." EGEAM FRIDAY, APRIL 25, 1919.

PAGE SIX

THE RICHMOND PALLADIUM' AND" SUN-TELEGRAM Published Every Evening Except Sunday, by - I Palladium Printing Co. Palladium Building. North Ninth and Sailor Street Eutered at the Post Office 'at Richmond. Indiana, as Seo- '. ond Class Mall Matter. MBSinER OF THE ASSOCIATED PRESS , . The Associated Press is exclusively entitled to the use . for republication of all news dlcpatcbes credited to U of not otherwise credited In this paper and also the local news published herein- All rights of republication of special dlspatckes herein ere also roserred. r : .; Will Prices Stay Up? Wage earner and investor are deeply interested in the present price' level. All of us want to know if the high level will be maintained for a decade or is ready to tumble to a pre-war basis. If we knew with certainty what the next twelve months would reveal, our business, industrial, financial and household spheres would take on a

"settled" and firm aspect. The soaring in price of all commodities for the last three years, as well as the failure of the signing of the armistice to reduce prices, has fixed our attention on the problem and. made thousands, who hitherto have paid little heed to economic facts, ponder the situation. The Kansas City Star presents a comprehensive discussion of the problem, which is offered to the readers of the Palladium with the thought that it might assist them in coming to an intelligent conclusion. The presentation of the appended editorial of the Star i3 not offered as a conclusive and final judgment on the situation, but merely as an exposition of one side of the question: Foodstuffs increased slightly in "price in March, the bureau of labor statistics announces. The slight decline in February was overtaken by the advance last month. Foods are now on the average 80 per cent higher than in 1913, the year before the war. What has happened in foodstuffs has happened in virtually every commodity. Prices are up and we wait in vain for any return to the level of before the war. Meanwhile, we undertake by boycotts, by holding back in purchases, by denouncing profiteers, to beat prices down. Isn't it possible that we are off on the wrong track? May it not be that prices have reached a permanently higher level and that we must adjust ourselves to it?

business to be transacted thereby. If the ' number of dollars circulated by cash and check doubles, while the number of goods and service exchanged thereby remains con- " stant, prices will about double. ' J What has happened in the last few years? Up to 1896 the complaint was of falling prices. Since then there has been constant outcry against rising prices. The thing that caused this turn-; about was the increase in the circulating medium due to the opening of new gold fields, the invention of the cyanide process, which meant a great increase in the efficiency of gold mining, and the vast extension of the use of bank credits. This extension of the use of bank credits in the last few years has come very largely from the enormous war loans. A good share of the loans are paid for with borrowed money, or when bought outright are used as collateral for loans. In this way billions of dollars have been added to bank deposits and the circulating medium of the country has been increased. This increase has had the , same effect in America that it would have had on Robinson Crusoe's island. It hasn't increased the amount of goods available. But it has affected the yard stick by which the value of the goods is measured. So it has raised the general level of prices. More money is available for buying things.

That stimulates the demand. Then, in response to the law of supply and demand, prices rise correspondingly. Eventually, when the process of readjustment gets far enough along, we shall find a bushel of wheat buying about the same number of yards of cotton that it would have bought before the war. But the price of both wheat and cotton will be up. There will be no return to pre-war prices except in most exceptional cases, due to special conditions. The production of copper, for instance, was greatly stimulated because of the war requirements. Its price soared. With the conclusion of peace a great copper surplus was available much more than the commercial demands could absorb. So the price slumped. It would have gone still lower had the general range of high prices not kept it up. The argument does not apply to the United States alone. It applies to the whole civilized world. Everywhere there has been enormous inflation of the circulating medium, and everywhere a corresponding rise in prices.

This is the contention of the economists. The

Who Saw First Raiload Train Enter Richmond?

When the first railroad approached i Richmond, In 1853, two of Richmond's oldest citizens, John Lancaster "and Benjamin Duke, were harum-scarum boys to whom the great event was a holiday which was - burned deep in their memories. , Lancaster, then 16, was one of a party which went to Eldorado, Ohio, where the sawmill was located which cut the ties for the construction of this part of the line, to help the trainmen, doubtless glad enough of volunteer assistance, load the ties and start with them to Richmond for the construction west of this city. Lancaster, therefore, had the honor of being one of the passengers on the first train to come into Richmond, bearing an unromantic load of ties. He recalls animmense crowd at the station, and the tiny old-fashioned wood-burning engine and small cars, which would now be regarded as a curiosity. He also remembers the raid conducted on a little restaurant at Eldorado by the hungry party of Richmond youngsters, and how one of the volunteer loaders got his hand terribly mashed when a tie fell on it. ' Duke, who was younger, came to Richmond that day with relatives to see the train. He remembers how it pulled in, and attracted by boyish

j curiosity, ho worked his way up until

he was standing right by the engine. Suddenly the whistle let loose with a sound which terrified the country boy so that he ran back to his mother in a panic, and remembers hiding behind her skirts until the terrible monster pulled away from the station. "Ben Pitts, of Fountain City, an oldtime resident, was very much impressed by the train, and the achievement of science which it represented," said Duke. "He went around saying to the bystanders: "Mark my words, in ten years they'll be flying around thick as buzzards over our heads." At that he only missed it by a few years, for many airmen have flown over Richmond in the past two years."

THE GEORGE MATTHEW ADAMS DAILY TALK - WHAT YOU SEE YOU AREX - Your two eyes are your two greatest Teachers. For they lead you to all that you know. To books, nature, art. countries people. ; . Some folks see good in everything whereas others see nothing but what Is not good. , . You have heard the saying that as a man thinketh, so is. he. But I believe so much more in the power of the statement that as a man SEETH, so is he. For the eyes are but the pilots of the mind. . Oh, how blind we all are! If you were told that you were to lose your two eyes forever within twenty-four hours how eagerly would you grasp with your sight every minutest thing that your eyes could see. You would want to travel over a world In twenty-four hours, wouldn't you? Do not forget that what you SEE, you are. Every good act that you see enacted, makes you better. Every true touch of beauty that thrills your senses, makes you more sensitive to all beauty. ' You grow as you see more. " And as the eveleads you into a lighted World, so also is your heart lighted up and made a guide to every worthy act that you do. For it is to the things that you see that the world looks up to you in what you are. - How I wonder, again and again, at the marvelousness of the eye! How I like to study eyes how I like to feel their glance and their silent suggestion. O, reader of mine life UP thine EYES!

Mr. Snider is well read in flower cfW

.?

ture and Press.

politics. Kentucky State

"What "ball Be the Seat of the League of Nations?" asks a leadins editorial. . Doesn't seem as though it should be anything- less than leather or corduroy . A contributor calls our attention to the alleged fact that not a corkscrew factory in the country has gone out of business yet, which might be labeled the height of optimism.

SPEAK FOR LOAN

(By Associated Press) INDIANAPOLIS, April o Secretary of the Treasury Glass and Rear Admiral Sims delivered addresses here last night in behalf of the Victory loan.

TALENTED MUSICIAN SAYS "I AM SINGING PRAISES OF PEPGEN"

Dinner. Stories

That, at least, isthe argument of many of i star is not prepared to say that it is law and gos

ihp fnrpmost economists of the time. While we

must regard their reasoning with a degree of caution for economists have made their full share of mistakes under the unfamiliar condition of war it, is well to give consideration to what they say. If they are right, then the smart business man may be stupid in ignoring their contention. Briefly, this is their proposition: If a nation has a certain amount of money, including bank credits, its scale of prices becomes adjusted to the situation. Before the war, for instance, wheat might have been a dime a bushel instead of , a dollar a bushel, and the farmer would not have suffered, if everything else had been down correspondingly. The only reason it was convenient to use the dollar instead of the dime, as the measure for the bushel, was because the dollar scale fitted in with the amount of circulating medium. ' If Robinson Crusoe and Man Friday and a

banker had been cast away on the island with a thousand dollars in gold as the basis for their currency system, they would have" worked out a certain level of prices by which a dozen yams, for instance, might be worth a dollar. But if ' their stock of gold had been two thousand dollars to start with, obviously there wouldn't have been any more yams than if it had been a thousand dollars. So yams would have been quoted at perhaps two dollars a dozen: The only change would have been in the length of the measuring stick. Prof. Irving Fisher, the Yale economist, puts the situation this way: The general level of prices is dependent upon the volume and rapidity of turnover of the circulating medium in relation to the

Murphy was making his first trip acros the Atlantic, and he felt unspeakably awful. He failed to connect the fact of his being on the briny ocean for the first time with his agony. The doctor come to him as he tossed about in his berth. "Cheer up man," he said, heartily. "I know you are feeling rotten, but you are not going to die." Murphy opened horrified eyes. "Not going to die?" he wailed. "Faith, doctor, I thought I was! That was the only thing that kept me alive!"

One infantry sergeant, badly

hospital. The nurse, a benevolent

vision, was bending over him. "Are you feling better. Lieutenant Johnson?" she asked. He thought that over for awhile and then decided that the voice was

"You have got me wrong, miss," he said. "I'm Sergeant. Johnson." "Oh, no, your are not," said the nurse. "You wjre promoted while you were asleep.

pel. It does say, however, that it is vital matter tv1IL t?m rf 1 ' not really come to till he awoke one to the business men Of the whole country. If the morning in a snowy bed in a distant

argument is correct the thing for the alert American to do is to recognize the situation as it exists. There is no use sweeping back the Atlantic Ocean. The man who tries merely wastes his

a. ii Ti ii. -i i . ;j;;ji nt Part of the strange dream that strength. If the price level is up, no individual had een haunting

or combination of individuals can beat it down. These words of Professor Fisher deserve pondering : "Business men should face the facts. To talk reverently of 1913-14 prices is to speak a dead language today. The buyers of the country, since the armistice, have made an unexampled attack upon prices through their waiting attitude, and yet price recessions have been insignificant. The reason is that we are on a new high-price level, which will be found a stubborn reality. Business men are going to find out that the

clever man is not the man who waits, but the one who finds out the new price facts and acts accordingly."

L

POINTED PARAGRAPHS

JUST WANTA BE COAXED Indianapolis Star. Everybody, excepting Borah, is for a League cf Nations, but a few among them would like to be teased into admitting it.

St

IN FOR SAFE IF NOT SANE FOURTH Louis Globe Democrat.

No fireworks and no firewater this year for the Fourth of July is the prediction; the barrel of lemonade may survive.

Memories of Old Days In This Paper Ten Years

Ago Today

V ; A harmless iron pipe found on Fort Wayne avenue created a great deal of excitement, as many persons thought it was a bomb. Many stories in the Palladium were written by the Earlham Press club.

Wife of Gen. Obregon In Attire of a Queen

J

Good Evening BY ROY K. MOULTON

This spring weather certainly is enervating. The other day we saw a . policeman chasing a burglar and they were both walking. Artemus Young and Ellis O. Jones have started a magazine called "Good Morning." Good night! THE MANICURING CRAZE REACHES EAILEYTOWN. While holding a pair of these newfashioned manicure shears in his hand whi!e taking off his collar, Charles Morton badly cut himself In the. neck. Baileytown (W. Va.) Times-Herald. VERSATILE. Mr. and Mrs. James Snider of Evansville, visited relatives here the past ten days. All who were in their company enjoyed them hugely, for

For Colds, Catarrh or Icflceoza.

ifo

Madam Obregon. Madam Obregon, wife of

Obregon, will be the first lsdy of the

land if General Obregon is elected to succeed Carranza as president of the republic of Mexico in the coming elections. The photograph shows Madam Obregon in a queen's costume which she wore at a Mardi Gras in Mexico.

Do you feel weak and unequal to the work ahead of you? Do you etill cough a little, or does your nose bother you? Are you pale? Is your blood thin and watery? Better put : your body into shape. Build strong 1 An old, reliable blood-maker and herbal tonic made from wild roots and barks, is Dr. Pierce's Golden Medical Discovery. This "nature remedy" comes

General in tablet or liquid form. It will build up

FIVE PLANES ON FLIGHT

'By Associated 1-Tess) DETROIT, April 25. Five army airplanes planned to leave Selfridge Field, Mount Clemens, this afternoon for a cross-country flight to Cleveland in behalf of the Victory Liberty loan. Tli nlanes will droo loan literature

The organization had charge of the I f)Ver Detroit and Toledo en route and

issue. i rivo a firms nprfnrmanee over each

IV - - 1 city.

Crop conditions in Wayne county were reported a very favorable. Earlham won from Butler in baseball, 4 to 0.

REMOVE TRADE RESTRICTIONS

Japanese Methods in Korea

A

the rural districts, but especially in the latter, violence of the most terrible description has been practiced. Un-

authorities are maintaining a very vigorous cen- ''s WU"UB "aYC

have neen KUiea ana nunareas wounuea; cnurcnes uave

From the Christian Science Monitor.

LTHOUGH there is no question that the Japanese

sorship on all news emanating from Korea, suf-

'. ficint finds its way through to the outside world to show '. that the preseut unrest in the country is being dealt with ' by the Japanese authorities after a characteristic fashion. As far as the treatment of the Koreans is concerned, the ; Japanese record, during the nine years that the country ' has been entirely governed from Tokyo, has not been an enviable one. The assassination of Frincc Ito in 1909, followed two years afterward by the plot against his suelessor In the Governor-Generalship of the country. Geneihl Teraucbi. were, in themselves, the outcome of long ' periods of bitter repression, as they were the signal for Hill more rigorous "enforcements of authority." The ; terrible story from Shanghai, printed by this paper the 'other day, describing the scenes which followed the declara tion of Korean independence; on the last day of February, might have-been' received with reserve, if not f v 1th actual doubt, had it not been for the fact that the immediate past affords all too many instances of similar outrages in Korea on the part of the Japanese. The distinguishing feature of the present revolt, from the Korean standpoint, is its passive nature. The leaders have again and again urged upon the people the unde'ulrabillty of any resort to arms, and they have, it would .appear, been obeyed to a most astonishing extent. And ' jtt. in spite of this, in spite of the fact that twenty-nine of the thirty-three men who signed the declaration of Independence voluntarily gave themselves up to the police, the latest" reports show that, both in the towns and in

LONDON, April 23. The board of trade has removed restrictions from the importation from neutral and allied nations of 21 classes of materials, the most important of which are machine tools and parts. The order also provides for restricted imports of carpets, cotton duck, coal, rolled steel, ball bearings and retainers and plated and gilt wares.

Robbers Take $100,000 In Bonds at Sandusky (By Associated Press) UPPER SANDUSKY, O., April 25.Robbers entered the Harpster bank of Harpster near here early this morning and escaped with over $100,000 in Liberty bonds and other valuables taken from safety deposit boxes.

been wrecked; private houses have been entered and young mn and women dragged off to prison, where most of them have been flogged. And tlys is perhaps the mildest part of the story. Very shameful details are becoming available , showing, in many cases, a barbarity on the part of the Japanese soldiers reminiscent of the Prussian method in Europe and elsewhere. Now the whole condition of things may be very exasperating to Tokyo. The Japanese authorities may declare, as they -do declare, in effect, that the Koreans, since the Japanese took over the country, have never ceased from Intrigue. They may point to all they have done for Korea, in the way of schools, roads, railways, and what not. They may point to order and good government, everywhere observable In normal times, and to a steadily growing prosperity of the Koreans themselves, all due to enlightened Japanese methods. In these days such protestations deceive no one. Schools, good roads, and good railways are not everything. Germany had them all. Japan annexed Korea nine years ago against the will of the Korean people, in open disregard of her plighted word, and her treatment of the Koreans since that time, and her present treatment of them, rended her claim to be regarded as a fit ruler of a subject people very doubtful. The world has had enough of Prussian methods, is determined to make an end of them wherever smd whenever they may appear, and, sooner or later Japan will have to answer to the world for this latest demonstration of the Prussian method in Korea.

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iUiaa vein xja&td. xov xjjuci lj street, Terre Haute, a talented musician of that city, says: "I have, for months, suffered with, nervous indigestion and dyspepsia. I bad to be so careful of what I ate that It took all the zest out of my life. I was afraid to eat any more than enough to keep me going as I dreaded those awful pains and miseries that were sure to follow every time I satisfied my appetite. After an attack of indigestion I would be nervous for days. "Pepgen was recommended to me so highly that I decided to give it a trial. I have now been taking it for several weeks and do not have the least trouble with my stomach. AH of thos9 bloated distressful feelings have disappeared and my food does not sour in my stomach. My nerves are in better condition. I can eat what I

want.

"It is such a relief to be rid of those dreadful symptoms that I can hardly express myself. I feel that I am but doing my duty when I advise people suffering with nervous dyspepsia to try Pepgen." Pepgen is composed of oils and Juices of a vast number of leaves, roots and bark, each recognized for its value in treating stomach, liver and nerve diseases. Thousands recommend it. For rheumatism, lumbago, and neuralgia, try Pepgen Liniment. It is made from mustard, red pepper, sassafras, menthol and ammonia. It penetrates but does not blister. If constipated, take Pepgen Laxafive Tablets. They thoroughly cleanse the liver. They are different from anything you have ever tried eaten like candy. Those who wish to learn more ot

Pepgen may do so at Thlstlethwaite'a

your body, cure your cold, and protect you from disease germs which lurk everyOn of the active ingredients of

this temperance alterative and tonic is wild cherry bark with stillingia, which is so good for the lungs and for "coughs; also Oregon grape root, blood root, stone root, Queen s root, all skilfully combined in the Medical Discovery. ThPSA r.Tnt.1 have a direct action on the

stomach, improving digestion and assimi

lation, inese neroai extracts iu "Discovery aid in blood-making, and tnr Errfiil.i. Rv imnrovinii the

blood they aid in throwing oU an attack rf I'r.fliipnzn..

Catarrh should be treated, first, as a

blood disease, with this alterative, inen, in addition, the nose Bhould be washed t.h rr S.i em's Catarrh Remedy.

&ni1 inn for trial nkz. of Medical Dis

covery Tablets or Catarrh Tablets to Dr.; drug stores or from any other first

YYonirn DeliRhtrd All Surprlned by Ulk Action of 1'arlninn Sage. Nowadays all up-to-date women want radiant hair, so soft, fluffy and abundant that It fascinates and compels admiration. It's really a simple matter for any woman to merit this praise sine beautiful hair is only a matter of care. When your hair becomes faded, dry. streaked and scrag-gly, when It falls out badly and new hair cannot grow, the roots must be vitalised and properly nourished . To do this quickly, safely and at little expense there Is nothing- so effective as Parisian sage (liquid form) which you can get at any drug or toilet counter. It's guaranteed to abolish dandruff, stop scalp itch and falling hair, and promote a new growth of money refunded. It's in great demand by women of taste and culture because, It makes the hair so soft, lustrous, easy to arrange attractively, and appear much heavier than It really is. A massage with Parisian sage Is a real delight easy to use, not sticky or greasy, and delicately perfumed an antiseptic liquid free from dangerous Ingredients, and guaranteed not to color the hair or scalp. If you want good-looking hair and .lenty of it use Parisian sage. Don't delay begin tonight a little attention now Insures beautiful hair for years to come. Adv.

There is a ranch closer connection between the stomach and brain tbart most people imagine. It is because of this close connection that indigestion, belching, sour, gassv etomach and ether etomach miseries all of which ere sure 6igns of acid stomach are bo often followed by severe attacks of blinding, cplittingheadaches. Nervouenees, 6leeplessnas3, irritability, mentaldepreseion, melancholia and many other disorders which affect the brain can also nearly always be traced to the same source acid-stomach. So oiten you hear peonle 6ay "I am eo nervous "I think I'll fiy to pieces;" cr" It seems I never get a good night's sleep any more, ray nerves are all cn edge." Little do they dream that acid 6tomach 13 the direct cans of their troubles because very often there are no pains in the stomsch at all. So yoa see, you can't always judge aa acidstomach condition by the way your stomach, itself, feels.' If you are weak, nervous, nnOt if yon are not cp to your old time form if you lack your accustomed enthusiasm, energy and pep make thisjtest and see if it isn't acid-stomach that i3 holding von back robbing you cf your health, etrenrth and vigor. Get a big box of EATDNIC the wonderful modern medicine that so quickly puts an acid stomach to rights. It is in the form of pleasant tasting tablets that yon eat like a bit of. candy. EATONIC rida the 6tomach of excess

acid. Brings instant relief from indigestion, heartburn, sour belching, food repeating, bloat and gas and makes the stomach cool, pure, sweet and comfortable. Dentists warn as against the bad effects of acid month, pointing oat that the acid eats through the enamel of tho teeth, causing them to decay. You can easily imagine then the amount of damage excess acid will cause to the delicate organization of the stomach! Thousands of people are csinrr EATON I C and the results obtained are eo remarkable as to be almoet unbelievable. Yet their letters of gratit die, many of which are received daily, prove absolutely that E ATONIC does ail and even more than we claim. The medical profession, too, recozniz23 the great value of this wonderful remsiy. A learned Michigan doctor wrote recently:. "I have had such wonderful success with EATONIC that I want every one to know how quickly it wiil neutralize the acidity of the the stom-. ach (acid-stomach) and the stomach wiil soon be sweet and normal again, and the 6ick man well and happy : once more." So be sure to get a big box of EATCXIC from your druggist tpdayIf it fails in any way to give you the s kind of satisfaction you want, take ii back he will refund your money. Ha doesn't want onepenny of your Eoae7 unless EATONIC helps yoa.

CO D

C FOR YOUR ACID-STOMACH Y