Richmond Palladium (Daily), Volume 44, Number 210, 16 June 1919 — Page 6
THE RICHMOND .PALtADIUM AND SDN-TELEGRAM MONDAY, JUNE. 16, 1919.
THE RICHMOND PALLADIUM . - AND SUN-TELEGRAM ' Published " Every Evening Except Sunday, by Palladium Printing Co. Palladium . Building, North Ninth and Sailor Street Entered at the Post Office at Richmond, Indiana, as Sea ' ; - ond Class Mail Matter.
MSSqiEJl Or TUB ASSOCIATED PHKSS
-. Th Associated Press Is sxcluslvely entitled to the us for republication of all news dlcp&tches credited to It of not otherwise credited in this paper and also the local mews published herein. All rights of republication of spy is dispatches her el are also res erred.
Will Prices Fall? This question is uppermost in the minds of all. The whole world is interested in the problem of the present price level prices for everything, land, labor, ral estate, foodstuffs, wearing apparel, building materials of all sorts, transportation, amusement, luxuries. Prices have been going up for many months. Have they reached
.their highest point? Are they going higher? Will they drop? ' How far-and how soon? : Because buyer and . seller have not come to a conclusion: on 1 this question, unrest is noticeable everywhere. All the facts we can gain on this problem are-important. They will clarify the situation and hasten the acceptance of a conclusion. Until persons are convinced that the cost of materials will not drop, they will postpone the construction of homes of their own and houses to rent. Merchants will keep on buying in small lots. Manufacturers will hesitate until they know they can sell their products without a loss. The -worker will be perturbed because he does not know whether his wages are ample to provide for his food, rent, light, fuel and clothing. The financial world will restrict credit. And so in endless ramifications through our whole economic system goes this consideration of the present price level. The solution cannot be found solely in a study of our own conditionsfor Europe and Asia are contributory factors. Conditions in these continents affect us in a marked degree. For that reason the ablest thinkers of this country have sttrddheproblem from a-domestic and foreign Most of them have concluded that high prices are to stay for some time to come. They base their argument on the fact that there is more money in circulation than ever before and that all governments have issued loans in enormous
amounts. Most of this money was spent for destructive purposes and will not be represented in economic world by an equivalent seen in products manufactured in plants or used for the production of commodities. The argument of some of America's experts and financiers is appended: This is what Mr. Armour writes: "The greatest danger to our economic structure today arises from the failure to recognize a r.cw and higher level of prices, based on per
manently increased cost of labor, and high taxation. Those who postpone building or buying in the hope of materially lower prices, are speculating in the future misfortune of the nation. For
falling prices, when reaching the point where profit i3 eliminated, mean panic, depression, unemployment and other troubles. "IriHhe- final analysis 75 per cent or more of the. cost of.. most commodities consists of labor, andl reductions in the market price of commodities are, therefore, inevitably reflected in the compensation of labor. Nothing in the labor situation warrants anyone in expecting materially lower cost of commodities in general, and building in particular. Wages will not be less for several fundamental reasons, viz : "1. The practical stoppage of immigration since 1914, depriving America of several million
workers who would normally have come to our shores. "2. The retention by the nation's military and naval establishments of nearly 2,000,000 workers, which may continue for an indefinite period. "3. The creation of new industries, such as shipbuilding and manufacture of chemicals and dyes, requiring hundreds of thousands of workers. "4. The urgent demand for building and construction of every class, due to their having been forcibly held back for several years. "5. The shortage of the world's food supply. "6. The proportionately higher levels of commodity prices existing practically all over Europe. "On the one hand, then, we are facing a serious shortage of labor as soon as we approach normal industrial activity, and on the other hand there' is confronting us a tremendous, unsatis
fied demand for many necessities which, it was difficult or impossible to obtain during the war. Normally under such conditions we could have expected a flood of low-priced goods from the old
world, while now we find prices in Europe have risen proportionately much higher than in America, and the demand for commodities and labor, to make up for the wastage of war, is even more keenly felt there than here.
"The manufacturer who now quotes the lowest possible price consistent with the high cost of labor, and guarantees this to be so, doing his buying freely on the same basis, ranks as our highest type of patriotic citizen. A new level of prices has been established, from which there can be no material recession until inventive genius succeeds in correspondingly increasing labor's productive capacity by mechanical means." James B. Forgan of the First National bank
of Chicago says: "While it is my belief that the general trend of prices during the next decade may be downward, I do not anticipate any sudden or violent tumble in. the near future, beyond the
elimination of war prices made necessary to stimulate production in high-cost plants. - We cannot immediately have low-priced products with high-cost labor. There exists in the world today, and there will exist for some time to come, a tremendous latent demand for goods and services and a relative shortage of workers causevd by the war. The high cost of living has not yet begun to recede, and it would be an erroneous policy at present to attempt to cut prices at the expense of labor." Maj. Gen George W. Goethalssays: "The immediate problem that confronts us is the resumption of business, including particularly building construction, manufacturing and mining. Business is being retarded because we are hoping for, or fearing, lower prices. Whether these fears, or hopes, are ever going to'be realized no one can say, but above the maze of conflicting arguments that are being applied to the situation, one fact stands out pre-eminently: We can return to neither prewar conditions nor prewar prices." Theodore N. Vail, of the American Telephone and Telegraph company, says: "During the Civil war prices rose relatively more than during the recent war. The prices unquestionably were inflated, being based on the greenback currency. Even so, however, the drop in the prices of 92 commodities in the decade from 1864 to 1874 was
at the rate of less than 6 per cent per year; in
building materials it averaged less than 4 per cent per year over the same period. The principal cause of the gradual return to prewar price
levels has been ascribed to the rapid transformaH
tion of manufacturing, agriculture, mining, transportation and business in general, from hand methods to machine methods, from small-scale to large-scale production. Opportunities do not exist at the present day in any measure comparable with those of the period following the Civil war. Price declines so far, since the cessation of
hostilities, bear this out, having been trifling-
only 5 or 6 per cent up to April 1, 1919, as compared with over 25 per cent for the corresponding period after the civil war." ?
Julius Rosenwald, president of Sears, Roebuck & Co. of Chicago, states : "It is my belief that the range of prices for the necessities of life will average little, if any, lower than at the present time.
"There exists a tremendous demand in our
own country for all kinds of commodities. This
demand will not diminish materially until warwrecked Europe firmly reestablishes herself on
a peace-time production basis. I fully agree with those who believe that the reconstruction is going to tax our efforts perhaps even harded than did the war, and that there is cause for rejoicing in these conditions even though accompanied by
high prices, for, after all, it is not a question so much of the price one has to pay but as to what relation this price bears to one's own income." John Hays Hammond, the mining engineer, says: "As regards the future wage scale, I am of the opinion that we should not expect any significant reduction, nor should we desire such a reduction. We should not expect a lower wage scale because there can be but little doubt that America faces a new era in her national development ; that the future holds immeasurable potentialities ; that at ho time in the life of the nation has he outlook been brighter. "From a social and political point of view, high wages is of inestimable advantage, in that it makes possible a higher, standard of living, which assures social contentment, industrial peace, and higher standards of citizenship." '
THE "GEORGE M ATT H E W ADAMS DAILY TACK
In the first place the Everyday Religion is not the Religion that you merely hear preached or written about outlived! The Everyday Religion is the one of enaction. Fine and great is that man who can so breathe into the heart ot his hearers the kind of Religion that will send them out into the bigworld to put the things to work. A Religion of forbearance, of longsuffering, of sympathy, of happiness, of friendship, of forgiveness, of tolerance, of LOVE. The Everyday Religion is the one that keeps the week-day Holy. That keeps the door of people's hearts open all day long, and that never turns a worthy caller away. It's the one that sees God in he thought and act and that is always respectable and kind. That smiles at little Sables, and leads old men, and lifts up those who stumble and encourages those who lose heart so much. The Everyday Religion is the only Religion worthy of the name! It helps legislators, it guides business men, it comforts women, and. it leads Nations aright. It overlooks unmeant mistakes, it cares more for the heart than the head. In fact it is a HEART Religion clear thru is this Everyday Religion. For you carry it around with you. You eat with it, you work with It, you sleep with it you die with it! But, of course, that last statement is only a figure of speech. The Everyday Religion really does not die because it is not a BODY affair and HEARTS never die! You pledge to no form nor sect nor creed when you take on the Everyday Religion. You Jnly agree with yourself to be RIGHT by doing right By being generous and by giving out love in all its forms of helpfulness. God's religion is the Everyday Religion, I am sure. For it is HE In you who makes you want a Religion. And without which, life would be shorn of all its sweeness and desire.
KANSAS DELEGATE TO WOMAN'S TRADE UNION CONVENTION
Good E
lood livening
BY ROY K. MOULTON
WIZARDRY. A thousand roses in my garden grow; And yet there are no two In form and gracefulness alike; and though They all delight, none in such beauty ; blow As this I give to you. A thousand tender thoughts awake to greet Affections, old and new. But though they may a comradeship entreat, And breathe a restfulness, none are so sweet As these I have of you. What is this wondrous alchemy that brings . Such charming wizardry? How is it you alone have kept love's strings Attuned within my heart, until it sings In endless melody? James Terry .White. There is only one tiling that sets us
against warm weather. We like the beat and we like the humidity and the thunder and lightning and the
mosquitoes and flies and sand fleas. But the trouble with really hot weather is that it seems to take all the ambition out of contributors. Contributors who work hard all winter, night and day, pounding out good stuff for the column, just seem to curl up and die when he mercury exceeds 95 and leave the Sold man to fight It out alone. Just when we need a rest the most we have to work. We wonder if contributors ever think of that while they are skybooting around the resorts and swinging in hammocks and eating garlic salad while the old man is sitting in this office in front of an Underwood that has a hotbox and with the hot sun pouring down on the back of his nevk. There is something wrong about it. THE OLD DOTTED LINE. As one wag puts it, the Chinese government will please sign here:
the skin. Then a piece of glass laid his tire open. With a moan he flung himself from the saddle and commenced to repair the damage. Presently there approached from the opposite direction a benevolent old gentleman. Gazing at the upturned bicycle, the perspiring youth and the repairing outfit which he had dropped in the mud, he inquired: "Had a puncture, my friend?" The boy looked up and swallowed his feelings with a huge gulp. "No sir," he replied, with a magnificent effort at sarcasm. "I'm just changing the air in the tires. The other lot's worn out, you know!" "A horse, a horse! My kingdom for a horse!" roared Richard III. A wag in the gallery shouted: "Wouldn't a donkey do for you?" And the quick reply came back "Yes come around to the stage door!"
: t ' f & fr
Seven States To Call ii Sessions For Suffrage NEW YORK, June 16. Special sessions of legislatures to ratify the Federal suffrage amendment, have been called in three states and the governors of seven others have indicated their intention to call such sessions If necessary, it was announced here today by the National American Woman Suffrage association. Three ot six other legislatures, which were in session when the amendment was pass
ed, it was stated, already have rati
fied, making thirteen states which have acted or indicated an intention to do so in the near future. Ratification by thirty-six states is necessary to make the amendment effective. In Wisconsin, Illinois and Michigan rati
fication has been made, it was announced, and in New York, Kansas and Missouri special sessions have been called to meet in the next three weeks those in this state, and Kansas on June 16 and in Missouri on July 2. The governors signifying willingness to call special sessions if necessary are those of New Hampshire, Indiana, Minnesota, Nebraksa. North Dakota, South Dakota and California. The legislatures of Massachusetts and Pennsylvania, now in session, have taken no action, and the lawmaking body of Florida closed June 6 without disposing of the amendment.
Mrs. Sarah Green. Mrs. Sarah Green, president of the Woman's Trade Union League, Kansas City, Mo., is attending the sixth biennial convention of the National Women's Trade Union League, now in session in Philadelphia. Mrs Green is also president of the waitresses' union of Kansas City.
Memories of Old Days In This Paper Ten Years Ago Today
The class of 1909 of Earlham college presented "As You Like It" Miss Hilda Shute of Richmond played the leading role.
Dr. Henry Wade Rogers, dean of the school of law of Yale university gave the commencement address at Earlham college. Miss Hilda Shute received the Bryn Mawr scholarship and Miss Donna Parke was the alter
nate. The degree of Master of Sci
ence was conferred upon Wilbur and Orvllle Wright
Mr. and Mrs. John Bayer Issued invitations to the marriage of their daughter, Edna, to Warren Hill of
Chicago.
The state Baptist Sunday school
convention convened in Richmond.
Two hundred cans of apricots were seized in Richmond by government
food inspector and United States marshall for underweight. The fruit
had been shipped from Texas.
Mexican Wire and Chinese Walls
RIGHT OF WAY FOR
RETURNING TROOPS (By Associated Press) WASHINGTON, June 16 So as not to interfere with the transportation of soldiers now returning from France in ever Increasing numbers. Director General Hines today ordered that railway equipment for excursions and recreation purposes be limited to an absolute minimum. Among permits for special equipment cancelled was one
Then give three cheers and one cheer for 70 caches and Pullman to be op-
New York to accommodate persons
For What Charities Does City Remember Life of Dr. Warner
HOLLAND .AGAINST BLOCKADE
PARIS, June 16 Holland has noti
fied the Allies that the government will not participate in a blockade
against Germany in the event the Germans refuse to sign the peace treaty.
"I will be the first woman to fly
over the Atlantic ocean in an airship." I
Ruth Law. Now, who will be the first to fly
over in a taxicab?
On the hill at Earlham cemetery, in
what was the most popular part of the cemetery many years ago, stands a
peculiar monument. It is on the grave of Dr. Ithamar Warner, one of the first doctors in the state, who came to Richmond about one hundred years ago, and was long remembered by the pioneers for his unfailing kindness and charity, although this was often concealed beneath a gruff face and tongue. It is said that in one case when his medicines had not been given as
he directed, because the housewife j
was spinning ana torgot it, ne tnrew the spinning wheel out of the window and smashed it, and took his powders away and would not enter the house again. Dr. Warner's house stood where the city building now stands. When he died in 1835, he left the property to his sister during her lifetime. After her death he willed that the rent be used for the education of the children of the town forever. So that the city's rent for this ground goes into "the school fund, and every child who has graduated from the common schools owes the doctor something. The slab over his grave is of brown stone, and the words, deeply cut, have by now become almost indecipherable. They are supposed to have been chosen by himself, and are as follows: "In memory of Dr. Ithamar Warner,
who was born on the 28th day of December, 1782, and died March 10, 1835. He was for years a practicing physician, possessing a large share of the public confidence and by his industry acquired a fortune which he disposed of at his death in the most liberal manner. "What though no wife's nor children's tears, May here be shed in kindred grief; Yet hundreds in their lengthened years Will bless the hand that gave relief." J. F.
srr n
more For the gallant captain of the NC-4. Folger McKinsey.
Thomas A. Edison says we have advanced 250 years in the last four. Wish we could make the cashier in our bank believe that.
Dinner Stories
who wish to see the Willard-Dempsey fight July 4.
From the Chicago Tribune. INTERNATIONAL behavior falls into a primitive state when walls become the codes of nations. A barbed wire fence along the Mexican border, a matter agitated in the war department, isn't much of a compliment to civilization here or in Mexico. A fence is a palpable admission that our people along the border are in danger and that we have nothing better to offer for their protection than a piecaof barbed wire. American citizens, entitled to all the rights and privileges of citizenship, thrown npon the tender mercies of a barbed wire entanglement! It sounds very unlike us. A barbed fence, to, protect heroes of a world war! Lven the Chinese, lustily crying out in anguish against the depredation of Japan, one-eighth the size of China, can give us a lesson in walls; at least in one wall 1,500 miles in length strange its length should compare so nearly with the proposed wire which gave its builders a sense of safety that was far more fancied than. real. "The" Mongol tribe hurdled It without" trouble. Jenghiz
Khan and his hordes skipped nimbly over it; so did Kublai, his grandson; all the while the Chinese wondering how this could be; over their great wall and everything. This is the same China which now loses Shantung to a nation without walls but with a good right arm. Nations cannot transfer sovereignty to barbed wire outposts. There is no reason why life and safety should be doubtful on the border and assured in Illinois. The sovereignty of the people extends to the last inch of American soil. There is no No Man's land. Will w"e permit marauding bands of Mexicans to put the Mississippi valley to fire and sword? Rather hot; nor rely on barbed wire to stop it What is it about these Americans on the border,, then, that makes us take plenty of security in the center of the nation while we give them a stretch of fence? Enough money has been wasted on the border. What we want is not fences to keep the Mexicans out, but peace and prosperity in Mexico so there can be comings and goings of thesort that make for international amity.
Ephrum Johnson was up before Judge Shlmmerplate on a cruelty to
animals charge. "Deed Ah wasn't abusing dat mule, judge," the old man demurred. "Did you not strike it repeatedly with a club?" "Yaesah." "And do you not know that you can accomplish more with animals by speaking to them?" "Yassah; but this critter am different He am so deef he can't hear when Ah speaks to him in de usual way, so Ah has to communicate wid him in de sign language." The young cyclist was fighting hard against a strong head wind and J I 1 , 1L lt 1 -J
prompted him to venture so far away from the school. It was getting darker every minute, and to crown his misery, rain began to fall. Soon the rain came down in its best style, and the poor fellow got wet to
Bolsheviki Repelled By Rumanian Detachment (By Associated Press BERNE, June 16 Roumanian forces on the Dniester River have been attacked by the Bolsheviki, a detachment of the latter succeeding in crossing the river, but being virtually an
nihilated on the right bank. Its losses are reported to be 200 killed and hundreds of wounded and prisoners, ac
cording to a statement issued by the
Roumanian press bureau.
MY HEAD!
When the
Ihead feels
thick or aches, when one feels all
out-of-sorts perhaps 3 coated tongue it is the signal that poisons . are accumulating in the system, and should be cleaned out at once. .
Auto-intoxication can be best ascribed to our own neglect or carelessness. When the organs fail in the discharge of their duties, the putrefactive germs set in and generate toxins actual poisons, which fill one's own body. . Sleepiness after meals, flushing of the face, extreme lassitude, biliousness, dizziness, sick headache, acidity of the stomach, heartburn, offensive breath, anemia, loss of 'weight and muscular power, decrease of vitality or lowering of resistance to infectious diseases, disturbance of the eye, dyspepsia, indigestion, gastritis, many forms of catarrh, asthma, ear affections and allied ailments result from auto-intoxication or self-poisoning. Take castor oil, or procure at the drug store, a pleasant vegetable laxative, called Dr. Pierce's Pleasant Pellets, composed of May-apple, aloes andi jalap.
For Skin Tortures
Dont worry about eczema or other skin troubles. You can have a clear, healthy skin by using Zemo, obtained at any drug store for 35c, or extra large bottle at $1.00. Zemo generally removes pimples, blackheads, blotches, eczema and ringworm and makes the skin clear and healthy. Zemo is a clean, penetrating, antiseptic liquid, neither sticky nor greasy and stains nothing. It is easily applied and costs a mere trifle for each application. It is always dependable. The E. W. Rose Co.. Cleveland. O.
For a Good Cleaner
Call 1483
All orders quickly called for and promptly delivered. Ladies' Suits, cleaned and pressed". ...$1.25 Men's Suits, cleaned and pressed ...$1.25 Skirts, cleaned and pressed for 50c Trousers, cleaned and pressed for . .. ....... .50c PeerlesDry Cleaning Co. Opposite Courthouse 318 Main Phone 1493
Your life may be a tragedy, do you think death is a comedy.
but
You are no bigger than the man you consent to quarrel with.
WHY NOT TRY PQPHAM'S
ASTHMA"' MEDICINE
SOLO BY ALL DRUGGISTS PRICE $1 OO f v e Boxes ron $5 00. I TRMU. PACKAOC BY MAIL IOC WILLIAMS Mr& CO., Props. Cleveland, 0. 11 1 ' mFor Sale by Conkey Drug Co.
DONT EXPERIMENT WITH CATARRH; IT OFTEN LEADS TO SERIOUS TROUBLE
You Will Never Be Cured By Local Treatment With Sprays Catarrh is a condition of the blood and can not be cured by local applications of sprays and douches; this has been proven by the thousands who have vainly resorted to this method of treatment. Catarrh should not be neglected or experimented with. The wrong treatment is valuable time lost, during which the disease Is getting a firmer hold upon Its victim, and making it more difficult for even the proper treatment to accomplish results. Though Catarrh makes its first appearance In the nostrils, throat and air passages, the disease becomes mors and mora aggravated and finally
reaches down into the lungs, and everyone recognizes the alarming condition that results when the lungs are effected. Thus Catarrh may be the forerunner of that most dreaded and hopeless of all diseases, consumption. No local treatment affords permanent relief .Experience has taught that S. S. S, Is the one remedy which attacks the disease at its source, the blood, and produces satisfactory results In even the worst cases. Catarrh sufferers.' are urged to give S. S. 8. a thorough trial. It is sold by all druggists. You are invited to write to the Medical Department for expert ad vice as to how to treat your own case. Address Swift Specific Co., 254 Swift Laboratory, Atlanta, Ga.Adv.
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1st M. E. CHURCH Fourteenth and Main Streets Presents
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Betsy Lane Shepard Soprano SARA GUROWITSCH-Vfolin Cellist of the Edison Studios Eleanor Foster Pianist
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First ' Cycle, June 18th, Second Cycle, June 19th, 8:15 P. M.
1919 1919
Benefit of The Garfield Circle Ladies of G. A. R.
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