Richmond Palladium (Daily), Volume 46, Number 45, 1 January 1921 — Page 6

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THE RICHMOND PALLADIUM AND SUN-TELEGRAM, RICHMOND, IND, SATURDAY, JAN. 1, 1921.

THE RICHMOND PALLADIUM r-'. X AND SUN-TELEGRAM

Published Every Evening Except Sunday by : Palladium Printing Co. Palladium . Building, North Ninth and Sailor Street. Entered at the Post Office t Richmond. Indiana, aa ; Second-Class Mall Matter.

MEMBER OF TBK ASSOCIATED PHBM The "Associated Press la exclusively entitled to the OM for republication of all news dispatches credited to It or not otherwise credited In tills paper, and also the local news published herein. -All rlg-hts of republication of apodal dispatches herein are also reserved. - '

The Business Year 1921

' Prospects at the close of the year 1920 were

less promising than business men were led to

believe they would be twelve months ago, when the year was ushered in on the crest of a boom.

But in the feeling of depression at the outset of

the new year may be detected a very healthy symptom," namely, that the lessons of deflation

have been learned in quarters where they will do

the most good.

; Mankind as a whole on last New Year's day was sowing wild oats recklessly in the financial,

industrial and commercial spheres, erroneously

believing that the exuberance following the close

of a dreadful war was the conservatism of sound

business principles. He, who was brave enough

to sound a warning of a day of reckoning, was

stigmatized as a false prophet and a calamity howler. Unreasonable demands by capital and labor, extravagant tastes, prodigal spending, wasteful methods, speculative investments, heavy taxation, governmental extravagance, for which all classes of our citizenry were responsible, finally reached its climax by May of 1920, and we are now in the. process of clarifying our views and adjusting ourselves to a new condition a period that is as painful aa the boom season was joyful. Those who were most obsessed of the pernicious idea that a season of prosperity has no terminus but goes on forever, and, as a result, made no preparations for the period of depression and readjustment which inevitably follows fat years, are today loudly lamenting their folly while they feel the full brunt of the crisis, and are taking to heart the valuable lesson which the day teaches. The conservative man, who makes his calculations for today while he keeps a careful watch for the developments of tomorrow, is in good con

dition to weather the storm. The wise business j man months ago adjusted his affairs for thej probable contingency of deflation. The wise!

worker, when wages were high, paid off the; mortgage on his home, or saved a portion of his

income for the day when work might be scare

and remuneration less. Neither of them is m the throes of despair or in the agony of suspense. They planned wisely and are reaping the reward of their forethought. Happily for Richmond, the majority of its citizens maintained a balanced judgment in the last two years, and so the community can face any eventuality of 1921 with composed spirit and the satisfaction of knowing that it is prepared to meet emergencies forewarned and forearmed. Bradstreet's review of the last year contains an observation that will receive the approbation of most of our citizens. It says : "It might be well if we were able to forget some of the events of our recent 'silk-shirt era' of extravagance were it not for the lessons con

veyed that in the long run ability, education and experience are also entitled to a reward. With the experience of some past years of stress in mind, one is inclined to look askance, at efforts of 'medicine men' of both parties to offer patent nostrums to the people in the belief that acts of congress will arrest, delay or mitigate the working out of the great natural forces now in operation. The patient's fever seems to have broken, and there remains now the process of building upTus strength, for which time and care are the j main requisites." The president of one of the largest companies in Dayton, Ohio, in a recent letter to his selling force, set out the following 15 methods whereby good business may be continued and prosperity

assured : End bolshevism; stop speculation; practice economy; reduce cost of living; maintain public confidence; produce only what is needed; consume only what , is necessary; encourage conservative investments; increase production through efficiency; prevent abuse or over-extension of credit; stop government extravagance and waste; avoid excessive loss of capital through wars; work for good government and fair taxation; have gradual contraction of volume of money or credit; by proper direction of energy, enterprise, labor and capital.

TODAY'S TALK By George Matthew Adama, Author of "Yog Can", "Take It", "Up". . A PRAYER FOR .THE NEW YEAR Like a traveller in a strange country, I enter the New Year that you have brought me to Guiding Father. f I have a general idea of the way. But I will have to be watched, and guided, and helped over some of the rough spots, God. The roads will look very strange in spots, I am sure. And many a time I will be certain that I am off the right route. I will always be very dependent. That Is the price of my frailty, of my ignorance of heart. You will come quickly to me in such emergencies, though, won't you, God? Like the blind man who goes along the street feeling his way with a cane, I shall want for light and guidance. I shall always want to be strong but when 1 want to be that way most. I may be very weak. So enter Into my heart, putting courage to work there, that at no time I may faint The years are rolling by very swiftly, Father-of-Mine. It was hardly yesterday the bells and whistles said that the year which died yesterday was here! More than ever I realize that I am but a simple actor in the Great Drama. But help me to be a- good actor. Bring back to me very often the warmth of my Mother's breaet that I may know my human frame and be touched and thrilled anew with that divinest of all feelings, the consciousness of love and loyalty to ideals and simple, everyday purposes in the service of the world. Make me to know just what to do and the right way to do it, dear God. So that I may be quickened anew to all that this beautiful New Year holds in its lap for me. Then, God, help me to give to others from what you give to me.

Answers to Questions t

L. K. What is the government of Australia? The commonwealth of Australia is a federal state constituting a dominion of the British Empire and consisting of six colonies or original states, namely: New South Wales, Victoria, Queensland, South Australia. Western Australia and Tasmania, and

of the Northern Territory, which was

transferred by South Australia to the

commonwealth on Jan. 1. 1911, and the Federal Territory, which, on the same date, was transferred by New South Wales. Boy What weights will ice carry? Ice two inches thick will bear men on foot; ice four inches thick will bear men on horseback; ice six inches thick will bear cattle and teams with light loads; ice eight inches thick will

bear teams with heavy loads; Ice 10

inches thick will sustain a pressure of 1,000 pounds to the square foot

Reader What must one do if a money order is lost? When a domestic money order has been lost the owner may, "by making application through the postmaster at any money order office, within one year from the last day of the month of its issue, obtain a duplicate in its stead, payable within that period. Readers May btl inwrf t. amtloaa fcr writ la the Falladlant tineatloaa Aaawera depart meat. All aeatlaa shoal! fee wrNtea plalaly an4 briefly. Aaawera wlH b. ajlvca briefly.

Correct English j .V Do Not Say It This Way: WHOM do you think are coming? Are not you and HIM going? WHOM do you suppose called to see you when you were away? Aren't you and HIM going to the matinee? You know as well as ME how to do it. Say It This Way: WHO do you think are coming? Are not you and HE going? WHO do you suppose called "to see

you when you were away? Aren't you and HE going to the matinee? You know as well as I how to -do it.

fishing requires patience. He must be prepared to ait and wait For a little while- longer Bhe dilated on the beauties of being patient Then came the time for her to test her work. . ' - "Now, then, can any of , you dots tell me what we need most when we go fishing?" she Invited. Like one voice came a chorus from the class: "Baitr "Nellie Melba," said an actor, "was visited during the London season by the wife of a war profiteer. "The war profiteer's wife wanted Melba to sing at a reception she was about to give. Melba consented, asking $1,000 in our money for her work. But the profiteer's wife haggled a little over the price. She thought $100 ought to be thrown off. Naturally, however, Melba refused, to throw off anything. - "Well all right, then, agreed the profiteer's wife. Oh, by the way,' she added aa she took her leave, 'of course 1 shan't expect you to mingle with my guests.' ' . "Melba smiled, "In that case,' she said, I'll throw oft the $100 after all' "

Dinner Stories

"Patience" was the subect of the teacher's discourse, and to illustrate her point she drew on the blackboard the picture of a small boy sitting on the bank of a stream, fishing. "You see this lad, children," she said, beaming on her pupils. "He's fishing. Well, even the pleasure of

HOW HE ENDED K1DXEY TROUBLE "I had a sevens attack of kidneytrouble and for thnee weeks could not get out of doors nd scarcely out of bed." writes C. p. Brewer, Village Springs. Ala. "Coid not bend over at all without the moft excruciating pains. I purchased a bo tile of Foley Kidney Pills. Was relieved after first few doses and continued tbelr use until completely cured. I consider Foley Kidney Pills the! best kidney remedy in the world. N recurrence of mv trouble." A. G. tuken & Co.. 2(-s2S Main. Advertise.-

LICHf ENFELS

$1.00 Fibre

for Men at

10P Main St

I Rippling Rhymes

By WALT MASON J . ' I reckon I'm a fossil, I fear I'm headed wrong, as down the world I Jostle, amid the modern throng. It makes me sad and weary to read the New Romance, wherein the authors lreary give action not a chance. The . rood old plot of Dickens, of Collins ind of Reade, no more a novel quickns, and fiction's gone to seed. We lave the ghastly study of problems touching sex, instead of pirates bloody n red and slippery decks. And serp-;nt-women ' vamping, . and socialistic :ranks, 'through modern tales are .ramping in pestilential ranks. Such

books are not inviting to one who walked the earth when Charlie Reade was writing "The Cloister and the Hearth." And time on them seems squandered, small pleasure do they yield, to one who's walked and wondered with "David Copperfield." They jeer the old time writers; "Victorian," they say, and hint that men were blighters who wrote in that past day. I would that Btory tellers who've hit the modern groove, would emulate those fellers, and make their stories move! Oh, I am tired of fiction devoid of stirring plots, that banks on charming diction and lines that end in dots . . .Through bookstores I go wending for stuff to read, in vain; I' like a happy ending, I want the villain slain.

Memories of Old Days In This Paper Ten Years Ago Today

A report of the conditions of Richmond with the year ending Dec. 31, 1910, stated that Richmond had passed through one of the most prosperous years in her existence, judging from the prosperity of the local manufactories. More men were employed than a year ago; the 1910 exports from Richmond were greatly increased; men were receiving higher wages; many big improvements and additions to local industries were contemplated, and the prospects for 1911 were much brighter than those at the beginning of 1910.

'I II II I-' II II II 1

JDDIC

DddgeBrqthers

U5INE55 CAR

Many merchants find its attractive appearance an asset to their business. At the same time it solves tneir delivery problem efficiently and economically. The haulage cost is unusually low. BETHARD AUTO CO. 1117 Main St. Richmond, Ind. Phone 1041

tarts Monday, I

We are going to give you some exceptional values during this great January Geargpce. We intend

to clean house. We must move all of our present stock of merchandise regardless of costs.

BUY NOW SAVE MONEY PAY LATER

LADIES' SUITS Below wholesale costs. The latest models of silvertone, broadcloth, tricotine and serges. Large and small collars. Some fur trimmed. Here are values not to be duplicated at such a price

$45 - $55

Values

$17.50

Ladies' COATS

Coats in full length styles, beau

tifully tailored of serge, silver

tone and tricotine. In nai

black and taupe. Many of the$e

coats are fur trimmed. All

sizes $32.50 Values . . $35.00 Values . .

$10.0i

Use Your Credit

WOOL DRESSES The season's smartest frocks, including serges, blues, plaids and mixtures. $37.50 values $17.50 SILK DRESSES In all the popular shades with heavy braid and embroidery trimming. You can't resist these prices. $35 to $45 values $19.75 $25 to $35 values $15.00

ii ii j

mi in

Men s $50

Overcoats

ENS

These Prices will startle you Every $50, $60, $65 Suit must go and they are wonderful buys, too the very latest styles. A variety of patterns, all sizes

Take Your Choice for

-J LIBERAL CREDIT

$37.;

Our Liberal Credit Terms enable you to buy now and PAY LATER.

FURS

Single pieces or Sets, during our January Clearance Sale

One-third

Boys' Suits and Overcoats

Percent

OFF,

LADIES' WAISTS A large assortment of Voile and Crepe Waists, slightly soiled $109S values; specially priced as low as

$1.00

Alterations Free Open Saturday Evenings until 1 0:00 p. m.

15-17 North Ninth Street

CASH PRICE CREDIT STORE

Quality, Value and Convenient Credit Service

15-17 North Ninth Street

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