The Daily Banner, Greencastle, Putnam County, 19 June 1924 — Page 4

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THE DAIIjY BANNER, GREENCASTLE, INDIANA, THURSDAY, JUNE 19, 1924.

KNOX STRAW HATS The Smartest Hats under the sun. A FINE SELECTION You see them worn by all well dressed men— Sailors — Panamas — Sennits — Bankoks—Prices $1.00 and up. S. C. PREVO & SONS

SAYS UNITED STATES WILL CHOKE ON GOLD

Old Fashioned Ice Cream and Strawberry Festival

COURT HOUSE LAWN

Saturday Night, June 21, 1924 fiiven by Greencastle Eastern Star. Benefit Masonic Temple Furnishing Fund. Good Music. Come and bring your friends. Good Music.

(Continued from Page 1) of London economists are: 1. The United States cannot run world shipping or world banking and financing, does not understand international financing, and can never oust the pound sterling and replace it with the dollar as the basis of world exchange. 2. The United States is selfish in attempting, by putting the Dawesplan German bank on a gold basis, to hasten the return of a gold standard to Europe—because the United States wants, in this manner, to disgorge her gold and save herself from choking to death on it, economically and industrially speaking The pleasant plan proposed to checkmate this by the aforesaid group of minority experts, is to refuse gold from America, to send more gold to America—and let ’er chokeArthur MiVhael Samuel, member of Parliament, manufacturer, economist and prominent executive of the Association of British Chambers of Commerce, writing rr the “Financial News” here, put it this way: , “Our policy now is to stuff gold down the throat of the United States, and we can do this by continuing to honor the claims America has made upon us for debt repayment. The American economic organization will gradually become surfeited and d!si orded and weakened by volumes of | gold which it desires but does not need, cannot use beneficially, cannot j digest and cannot assimilate into its internal or external commrcial machinery. That is why the United j Stats enow try to offer their gold, ostenibly for the benefit of ‘suffering I Europe,’ but really for the benefit | of th United States. The United States put the screws on and obtained the gold from ‘suffering Europe.’ But now they see that tho gold may do them more harm than good.” Samuel declared that the United States, "having accumulated, out of the Allies’ war necessities, about $4,509,000 of gold" is finding that “the gold is a danger, in that it may cause inflation in America, pu: up further the prices of American ■ manufacturers against the farmer and to in tl1 ' “Pto mar- ’ Wlth the additional result that American buyers will be tempted to

import cheaper goods from Europe.’' “Therefore,” he continued, “the American fear that unless gold is rehabilitated as the basis of currencyin Britain and Europe they may be left to hold a useless baby, in the form of $, >90,000,000 of gold which other peotoie may not want to take off their ihands. That is the idea, probably, I at the back of the minds of the advisory board of the United States Federal Reserve Bank, in recommending a gold basis for the Dawes-plar hank in Germany. I do not believe in American altruism.” Samuel said the United States tried to become a shipping power, but ‘‘withlthe whole national wealth behind the U. S. mercantile marine their experiments in that direction have beeri a failure. The United

BIG PARADE FOR FORDS

SOME ONE WITH LITTLE TO DO BUT WITH MAGIC MIND FIGURES OUT A BIG PARADE

With Ford Car No. 10,000,000 scheduled to cross the United States on the Lincoln Highway, a genius for figures has worked out the matter of staging a parade of the entire 10,000,000 Model T Fords. Here's the way he figures it. The road selected is 24,840 miles long, circling the earth at the equa-

TIME TO ENQUIREAB0UT TWO-PIECE SUITS

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MORRISON BROTHERS

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These are a few of the “plus'* features that make the Studebaker Light-Six an investm ent—not merely an expenditure. A car of recognized value that commands, at aD times, the top price and ready s>ale in the used car market. tear off this coupon and man t0 STUDEBAKER. South Bend, Indiana, for interesting book tliat tens you the important points to consider m selecting an automobile. Nam* .

Address

States tried, during and after the) tor - He P arks the F( > r <i in one place war, to iusplant London in inter- s *^ e roa di sets a pace national lance. They failed and of twenty miles an hour for the made grel losses. The fact is the Parade and starts the cars at interAmerican Iraind is too parochial to va ^ s thirty seconds, be able b grasp the meaning of Drivers are to have an eight-hour much that ;oes on outside America. I ' a ' r the same as that enjoyed by all It will ta “ another generation to Fort l employes and are, of course, to bring Anp ican political and com-4 ave Sundays, Christmas, New Years mercial Circles America works by ^ a ''’ an< ^ t ke Fourth of July off. methods which the outer world does tf you were inclined to watch such not appreciate.” ■ a parade and would remain until the o ' last car passed, you’d have to stick One day sale on Aluminum, Satur-' ^ 7T PlaC f al ? ng , th ° Hne f ° r day, Jim^ 21, Kitchen Outfitting Shop : th ‘*', t . y : t ' V0 , an ' a half years ’

\V ith all the Fords remaining in line, it wouldn’t he long before you would find yourself in the center of

\ IV l\ I s > ^ a whirling corkscrew of cars, and ” - I - * has already figured it.

! if you remained to the

19-2t i

LENTY of them here. The coolest of colors, the coolest of fabrics, the most comfortable of styles, and the

finest tailoring.

Mohairs, Linens, Flannels, Worsteds, English and American models. Men’s and Young Men’s styles and sizes. $15.80 to $25.00 SEE OUR WINDOWS J. F. Cannon & Co.

were observant, you probably would, million, 65 million more Ford cai

have noticed that the first car passed you sixty-seven times before the last or ten-millionth car had left

the parking ground.

Furthermore, tigurmg Ford produc-

finish, and tion on the time basis of the la>:t

I have bei n buil : | were watching the parade.

INDIANAPOLIS, June 19—With a - fairly active local and shipping de- SSM mand, >g .rices remained ready to ■’! firm at the Indianapolis livestock ex-,; 1 change today, |

One day sale on Aim. muin. day, June 21, Kitchen Oia'‘iitii-.g Sho

= :-:ni5X 2L3:-:

There was an abundance of good Stuff and a top of $7.50 was paid for choice corn-fed porkers weighing around 2.‘>0. Heavyweights and medium weights brought $7.35 to $7.45. Bulk moved ut $7.35 to $7.40. Sows and pigs were steady Re-el-ipls numbered 7,000, including

1.000 holdovers.

The cattle market was strong hut price ; remained steady. A few choice steer - hi at $10 to $10.50. Cows of good variety were quotjad at $7.25.

Receipts were 600.

A strong undertone developed in l|

pestine 1 firm- !

Ihii

calf trading with prices resting firm-

111

ly on Wedmsday's quotations,

ceipts were 600.

Lamb prices fell off 50 rents to $1 1 X in the face of active trading. The } top was established at $13.50. Sheep held steady at $4 to $4.50. Receipts

were 100.

GREENCASTLE, R. II

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Minner Southerlan visited his parents Tuesday. The Sunday visitors of G. S. Wood were Mrs. J. M. Wood, Miss Sara Whitehead and son Tom of Brazil. Skimi Moores visited Charles E. Wood and family Tuesday. Mr. and Mrs. Charles E. Wood j X and family were Sunday visitors of Mr. and Mrs. W. F. Bullington. Jess Overshiner and family were Sunday visitors of George Alivoid and mother. Mrs. Clifford Allee and children are the week end visitors of Edgar Allee of Stilesville. Mrs. Ida Allee visited her daughter Mis. Laura Tharp, Monday. Mrs. Ed Grimes and son Ray were Monday callers of Mr. and Mrs. John Allee. Bill Fowler and family were Sunday visitors of Mr. and Mrs. Manual White. Joe Allee is visiting his son Edgar Allee of Stilesville, Gene Moore, son of Everett Moore, has the mumps. jjj!

Next Friday and Saturday, June 20 and 21 we are offering the combination, pictured above, consisting of; A new Winton Player Piano, Piano Bench, Player Roll Cabinet, a Beautiful Floor lamp and 12 rolls your own selection) for the exceedingly low price of $39552 Through a special agreement with the factory we are enabled to make this remarkable offer. It s Your Opportunity—Take Advantage of it JAMES L. HAMILTON 19 E. Wash. St. Greencastle, Ind. Phone 66

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