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Tbe problem of maintaining the
credit of American railroads, trolley
lines, and other public service corn
pa nies, is one affecting the interest
of every savings bank depositor
and every holder of a life insurance
policy. It is estimated that $1,500,
000,000 of life insurance money is
tied up in railroad bonds alone.
Probably more than that amount of
savings bank money is similarly in
vested. At the present time the value of
these bor.d9 is much depreciated.
If the banks needed to obtain a
large amount of ready cash, they
would have to sell these bonds at a
sacrifice, impairing to some extent
The country needs an enormous
a mount spent to make extensions
and improvements on the railroads.
But railroad securities and trolley
lines have become unpopular with
investors, so that these companies
- have to pay high rates of interest.
That makes equipment and im
provement of service cost very
In order to attract capital needed
the people who have savings to in
vest must be assured that their
money will be safe in these securi
ties. There must be some guaran
tee that the public will permit them
to earn a fair return on their money
It must be established that tbe man
who invests his money to help these
enterprises develop the country, is
entitled to get his money back with
out depreciation and to have a fair
On the other hand, investors
should not expect the big dividends
they used to get. They should not
look for tbe handsome "melons"!
that were formerly distributed with
When railroad end other public
service corporation securities are
in ade safe and Rtable, even with
moderate rates of irterest, then
they will -begin to attract capital
again- It will be possible to place
them on a basis where they can
give hetter service.
The editor is frequently consulted
by prospectives buyers about certain
makes of automobiles. He always
jgives this hit of advice; "Dom buy
a machine that is not advertised in
your lccal paper by a dealer."
W hen your local man tells you in
print about the merits of a machine,
then signs his name or the name of
ti is firm to those statements, you
not only have his personal assurance
about the article but you have
something which makes him person
ally responsible in any court in the
laud. There are so many sorts of
automobiles on the market, and so
many that are of doubtful merit.
that you should hesitate a long
time before buying one a dealer
. cannot recommend to you through
your local paper. fans Appeal.
Congressman Wm Igoe. of St.
Louis, is a real friend of the soldier
boy 8. He is continually iutroducing
oills id Congress of much impor
tance to them and insisting on their
rights being respected. 'He wants
then to have all that is due them
and if they don't get it, it will not
fee his fault The soldier boys will
remember Congressman Igoe if be
ever runs for Senator or Governor
and he would be a good man for
cither place. He is so strong in St.
Louis that the Republicans don't
even put up a candidate against
trim, end be gets bis strength by al
ways looking after the interests of
tiis constituents and the public
generally, Palmyra Spectator.
Charles Yates a member of the
aviation corps at Dorr Field, Fla.,
returned to bis home in this city
Sunday night from Camp Taylor,
Ky , where be was honorably die
charged from the army.
Mesdames W. H. and Orville
Wilson and Mrs. L A. Going were
Hannibal visitors Tuesday.
A British Demand
Tbe British Government has sug
gested through its Ambassador that
the Government of the United States
should make up for the British in
vestors what they will lose through
the enforcement of the prohibition
It is well known that British
money has been invested to a very
large extent in American breweries,
and no doubt the English people
will feel that they are being robbed.
No such law as the prohibition
amendment would be possible in
England without a provision com
pensating tbe liquor interests, and
a strong case can be made for the
justice of that procedure.
Id the United States a different
doctrine has prevailed for many
yeara For something like half a
century the law in America has
been that any State may legislate
the saloons out of business without
being answerable in damages, on
t he tberoy that a sovereign govern
ment may prohibit that which is be
lieved to be detrimental to public
health and order. The salooos are
suppressed somewhat as a nui
sance is suppressed.
British investments in American
breweries became extensive some
thing like 20 years ago, when a sort
of fashion spring up for making
combinations of separate breweries
and putting tbe stock issued by tbe
combinations on the market. The
investments were made when the
law was well settled. If foreign in
vestors bought those securities in
ignorance of the law which made
their investment hazardous, that
was their own fault. They should
have consulted their lawyers and
they should have looked about them.
By doing so they would have found
that the summary aod unrecom
pensed shutting down of breweries
was a well-established practice
which had beeo followed in many
American States, and then if they
had 'cared to invest they would
have invested just as Americans in
vested in breweries, knowing that
they were taking chances with pro
If tbe Government should con
sentjto pay the losses of British in
Yestors in American breweriers,
then American owners of brewery
and distillery stocks and all of the
Americans who owned winneries
and saloons will have to be paid
also, and since there is not the
slightest chance that that will be
done, we would not advise anybody
to buy up this British claim against
tbe United States on the theory
that it can be collected. Republic.
' William Gaines, the 10 year old
son of Chester Gaines of Philadel
phia, was hit on tbe bead on Mon
day of last week by a piece of tim
ber thrown from a saw, which caus
ed hisjdeath that evening. It seems
that tbe boy was returning from
school and approached the mill with
out Card Tipton, the man who was
doing the sawing, being aware of
bis presence Tbe saw caught on a
piece of wood and hurled it with
the results stated above.
In four or five years the light air
plane will be an ordinary thing, ac
cording to E. J. McCaustland, dean
of the School of Engineering at the
University of Missouri They will
be bought at first, however, only by
young men who have indulgent
fathers and a lot of spare time.
MissjMarie Ensler after a visit at
the home of Eugene Madden and
family returned to her home in
Mrs. Harry B, Maddox, of Hanni
bal came, yesterday for a several
days visit with her parents, Evan
Smith and wife. .
The W.C.T. U. will have a bake
sale at Lamar Wood's Drug store
Roy B; Meriwether was in Pal
myra yesterday on legal business.
ABOUT THE CHURCHES
Interesting items About the
Regular services as follows:
Sunday School at 9:30 a. m.
Preaching at 10:45 a. m.
Senior League at 6:15 p. m.
Preaching at 7:30 p. m.
Prayer meeting every Wednes
pay evening at 73:0.
H. C. Bolen, Pastor.
ST. JUDE'S EPISCOPAL
8:00 a m. Holy Communion.
9:45 a. m. Sunday School.
11:00 a. m. Morning Prayer. Ser
mon: "How to get a new heart."
7:30 p. m. Evening Prayer. The
Time to visit St. Judes.
Rev. 0; Lindstrom, Rector.
Come to the Grace Baptist Church
Sunday. Our Bible School is at 10
a. m. The subject of Sin will be
discussed at 11 a. m. and the Con
version of a Jailer, at 750 p. m.
Edward L. Crane Pastor. John D.
Utterback. S. S Supt.
The remains of Mrs. Ann Kennedy
wife of James Kennedy who died
at her home at Ilasco Tuesday at
1:40 o'clock were brought -to this
city Wednesday morning ai 9 o'clock
and was laid to rest in tbe Catholic
Funeral services were held in
Hannibal Wednesday morning at
the Chapel of the church of the
Immaculate Conception on Church
Mrs. Kennedy was born in Ireland
and was about 60 years old. She
has been a resident of Hannibal and j
Ilasco for the past 12 years.
Dairy for Sale
J. R. B. KidoV who recently
bought tbe Kidd Dairy, is now
offering it for sale cheap if taken
within the next few days The sale
has been necessary, on account of
the sale of the N. M. Bricker farm
upon which the dairy is located. A
number of cows, delivery wagon,
good mare, harness, milk bottles,
bottle caps aud business is offered
cheap if taken at once.
Tbe Monroe Produce Co , who
have been located on South Main
Street are this week moving to their
new location in the E L Anderson
& Son store-room on North Vine
Street These rooms are being re
modeled, waterworks are being in-
stalled The improvements will ex
tend to the grocery, store of the lat
ter firm and are to include paper
ing and painting which will add
greatly to appearance
J. D Robey of the Robey & Rob
inson Lumber Co , in this city ac
compained by bis wife went to
Chicago the first of the week to at
tend the Lumberman's .convention
which is in session there this week.
They' were accompanied by Mr. and
M rs. J. H. Robinson of Palmyra.
What is regarded as tbe highest
honor within the. reach of any
scientific man, membership in
L'lnstitute de France, has been con
ferred upon Dr. J. A. L Waddell. of
Kansas City, an honorary . alumnus
of tbe University of Missouri
The Monroe City Rebekah Degree
Staff will go to Shelbina Saturday
evening to confer the work on can
didates of that lodge. ... '
We understand Frank Tansey has
been appointed as superintendent
of tbe county infirmary by the
John Hornback has returned
from a several days business trip to
Oklahoma. . ' ;
Fred Angus was visiting friends
in Callao, Monday.- , - -:
W. W. Longmire was a Hannibal
visitor yesterday. . . v
The Road to Market
Io the effort to stimulate good
road construction in this country it
must not be overlooked that the
first stretch of road that needs at
tention is the road (rom the farm
gate to tbe town market If the
whole country were a network of
bard surfaced roads and a great sys
tem of truck transports were estab
lished, the farmer wbo produces the
stu ff to feed the nation might be
stuck in tbe mud with bis load ten
rods fiom his gate, if he did not
happen to live on one of those
He cannot get any larger load to
the great state or national highway
than be can get past the first mud
hole between his farm gate and that
highway. A chain of highways is
no stronger than its weakest link
a nd that is the link from the farm
gate to the nearest bard surfaced
road or to town.
Some want to work from the out
side in. The more sensible way is
to work from' the inside out, holding
in mind the final connection of all
tbe local improved roads into a
great system. The first step is to
put the dirt road bed into perma
nent condition properly graded and
drained and bridged. The surfac
ing can then come when it will
and be of any kind selected, and
this preparatory work will not have
to be done again. The permanent
part of a road is the road bed. The
surfacing is never permanent no
matter what material is used.
therefore, do the first job right as a
matter of economy. It is the first
step toward good roads.
No one need argue the benefits of
tbe 365-day road. No one needs it
so much as the farmer. But he
needs it from his farm gate to the
nearest market He needs it to
the school-house. He can afford to
pay his just share of cost, and will
do so without complaint if be is sure
of getting a dollar's worth of road
for a dollar. And he wants to have
some sa v about its construction nt
least the method of payment, and
tne price, ine teebnical construc
tion he is willing to leave to com
When Spring Comes
All signs point to an early spring.
There is a message in the air that
seems to herald the gladsome sea
son. Tbe early bird has made its
welcome appearance and the buzz
of the busy bee is frequently beard.
Soon we will have the rains which
will wash tbe houses and clean the
streets and hasten to the ocean the
debris of the cities. Soon we will
lay aside woolens aod wraps and
without reluctance we will leave
the stove and the radiator for a
wave of God's own sunshine
In a few weeks the bare trees
will breathe again and the bushes
w ill bud forth with renewed vigor,
the green carpets will be spread
and the rivers will carry their songs
to the eea. -. -.
Almost before we known it we
will be calling for open doors and
raised windows and we will go out
on the porch, inhale' a bit and say
'Ah! this is lifel'
All of which is very cheery
and perhaps optimistic-but let us
sound this warning: .Winter's im
purities are filtered in the spring.
The closed house meant doubtful
The great outdoors welcomes,
but be careful of tbe welcome's
aftermath! A slight cold, a drink
of impure water; a breath of con
tamination, may spoil your Impres
sion of springtime. Eat good food,
breathe freely through the nostrils,
clothe yourself properly, drink only
pure water and you too will be
able to say in a month or two
'Ah, this is the life!'
We are authorized to announce Lee
D. Ash as a candidate for reelection
to tbe office ot Superintendent of
Schools of Monroe County, Mo., sub
iect to the action of the voters at the
j annual school election .April Ut, 1U19.
After the War
When the strain of the war period t
ended, mauy people developed i a
case of that tired feeling.; They
were sick of wheatless days and)
meatless . meals. They hated this-
continual prodding to exercise thrift, .
give money, save food, buy bonds.
Many of them see no reason why
tbey should not live just as they
did before the war.
Yet the sacrifices that have beers i
made will bi futile if tbey have not
taught something While this war
was not the fault of the American
people, it developed as the result of.
certain world wide tendenoies im
which every people had sorae share.
If wars are to be avoided in future. .
everyone must take some share ion
building a new civilization . on a
There are certain lessons that
every sensible person should 'have-
learned from this experience. Aa
few are suggested.
To stop tbe, pursuit of money as
the first end in life. The - money.'
grabbing spirit produces hostility-
between classes, and makes the na .
tion less united when it confronts
To deal justly with all men.- Uri-
iversal justice would produce na--tional
unity, and a united nation is .
a powerful nation.
To exercise thrift, and save some
money each year. This will . pro
duce capital that will develop - the-
resources of the country, make it
ready for any emergency, and reduce;
To give some time regularly t
promote community causes. The
man who lives for himself alone -
gets no help from other people. If
his neighbors are like him, he , gets-
no help from the advance of his-.
. If such ideas have been acquired
the war experience has had value.
The government finds itself be
tween two fires in the matter of "
demobilizing the soldiers. On one-;
hand it is receiving many appeals
for the prompt release of the men.
The soldiers themselves are home--sick
and want to get back. But oq
the other hand, it is having protests-
from industrial centers against too-
rapid demobilization It is claimed
that letting the men go too fast will'.
lead to a great deal of unemploy
ment and precipitate dangerous
It' will impress most people that
there is little use in keeping the
soldiersin idleness beyond the time
whet their service is needed.
Enough of . them should remain ia
Europe for a time to make it cer
tain that they finish up the work
that they went there for. But later
reports indicate that their mission
may be over sooner than was
thought. The present talk is that
most of them will be home by next
If the men are to be kept for a
considerable period on government
pay. it would be better to set them
to some useful task like the con
struction of roads or needed build
ings or the improvement of land,
rather than to have 'them loafing
around cantonments or idling their
time away in Europe.
. Of course, with rapid mobilization,
there is bound to be some unem
ployment. But most of the boys
would prefer to get their discharge
at once and take their chances of
getting work. The government pay
is not lavish enough so they would
consider that much of an object
Bailey T. Turner left Tuesday for
Jefferson City where he has ac
cepted a clerkship io the State
Senate. He will probably remain
d uring the rest of the session,
A. L Nash reports the. sale of his
half interest of 60 acrs of wheet
on the Bricker farm to a Mr. Ewing
of Canton. 111., for' $1250.00 in the
field. ' - . .,