Newspaper Page Text
GOVERNOt G(IVES OPINION.
As to Cause of Present Inilation of
Coluimbia, .lay 20.--inder- proclue
tIon, tI pleitiftleiss of money and
the extravaganein. buylag are the
priiary cauzses of the present In.
flation of prices, accordling to Gov
ernor, Cooper, 1n1 a letter to a Colum
bila newspperI maI'n3111. The rediuction
of costs, in the opinionl of tle execu
tive, lis inl ile purchaser bilying
only the n ((essaries.
The let-r fays:
".r. W. J ,-T1w. .The News aril
Cour*. : . ,olumb *ia, *. C.
"l).ar .\1'. ('o~ rmaek: In yourt r':
en 1-0 :3 : 3k me 3 (I o -,,y - T.
as i m' . ' 31! < ione o rehte t'.
cost- of illa d h -h or ".c" I
(regar'l0 3 e13 330.\:3-:333,nt'; I
cf iea( 1.ir . T v 3: 3t, s I
tuu 3. 1 it. -ans t at 3 n 1( w'll v
prae e ":enm.I inl !h ', th chase of
cloth-. : ' 1 h'1 -: t a symptom
oif hno y h ne ha,1! potl t ial i >11
in. .i.. ... f c...3 ur: , i,4 not :ll
nlot h..i.lt s e t nr
h~ais. 3n , 1ri- of clot hin . If the
idea, Low .1 is hi:t :1!A'v . an11(1 nwn
stay faithful to it, thle restil t will be
1ess Jiu 1chasi 11g of clothes, and there
forh 5 ih-lind for clothes. ThI f1s
wIll hav a tmntlny to rearranige the
relationl b twn su l\ , y and (man'l.
(333 3335:'1:~down ~3(S
andl thus brn Iw p ice's.
" ai bonelly. we n13(1 more
pro duct ion ai loss conlsumiption *In
ordler to r .' 31rie. 1113 th1 1w
of slml y wuil 3i3m1anl As n3ot t333
wholo st ry. If h1ft alon . this latr
would mean tha;t whn)ne1u1h0 w
11n1 atl h- ;!p 11h pri(3' pai 3l wo l i e
cost pr3 ,lus only a reasonabb
profit to l1h3 llakors alid (listribu3 tor..
1111. price ar . hlat l3 will i a v ,
and if people will pay an3 (enormlo
Special I a31ues inl .31e
Sut $10h.'5 11ny I to $12.5.1
I SEE OUR F
Latest creation of~ Mummer hiats
reeivedi, $2.50 to $1.98.
6 Boxes Matches, wortL
48c; Our Price 25c
No. 1 Store,
profit then the prices are higher than
"The chief causes of high prices, I
believe are under-production, extra
vagance ill huying, the plentifulneiss
of monvy, the ease with which loans
can he made (this factor is not so
pronounced now as it was a fvw
months ago), the demand for luxuries,
the demand for artificial amusement,
1h1 ellormi ous '111 amo111t of l1olley ex
pendIed in warz's not essential as food
or clothing, the hi igh taxes made
ne1esa ry by the war, which are add
ed to the selling price of commoin :di tie".,
and the rather general loss of a sense
,)f the vaitue of money.
"\it t a f( w\v as the standa.rd
of living has gone away up; in fact
has avalanced so Swiftly that we coul'i
not accorinmoda te oulrselves to it.
.AlonL with this adviance there are
m11,1n1y 1ninor feature; whlielh '1r" nIt
whlolCsomle, though clevation of Ihi
tInIl<, l id of livilg, considered a.s a
whole, ;s always deisrahle. PersoI
Iily. I ij:ic that niil who formerly
wVr rt.itijctied in their interests and
'lir mlans are now vnWjorig a fi Ilh
life. I refer especially to the labor
er and the farmer.
Concerted, intelligent action on
it of the imhlie could within a
short time bring down prie(s. Su;
pose each household would restriet i
self to niecessities? Suppose thi ft
sh~ould~ he genierally lpracticedl? Sup.
ose mie ll, in tilese days of plenty,
'A e layiing aside a few doll II
against the tinme whe-l n toney will
reunto its normal vailue? \\' V,"*n
11: hav ll the comforts and I y
()f t luxl ris of life, we 11cann(ot 1id6e
to and from work evei when we live
but short distantces, We linlolt buy
4.1nte'tainmlenit whlenevev(r we feel the
n1led of revrationl , we cannot ':iv th
childr(en dollars to sIwild whelr for
Ilrly Ihey had e(n1lnies, and not LpJ"y
II niigt en's Sits: 11ine 41lothes2
for1 dre4 s,'$22.50 to $iE0.00I
LACKS OF SHOES AN
ust Fine Shirt Waist
$1.39 up to $8.97
)U KNOW OUR I~
OdStand. 210 Wet La
the penalty. This penalty is inflated
"'The thing for us all to do Is to
Cut off the uliessentials, cut down the
amount of money used in non-produc
tive activities, develop the art of be
in ; happy without the aid of costly
artificial auxiliaries, get hold of eco
nomic fundamentals, and revive our
senSe of values. Under-productioni is
highly economic. - bxtravagance is
foolish. So long as we restrict out
;mt, so long as we demand luxuries
at any price, so long as we, abandon
tle farm for the city, we shall have
'8ifned) "R. A. Cooper
Coluimbia, May 18, 1920.
W. J. Cormack.
PH1iA' E(TTTING VAINING' GROU-NI)
.' i s First Pronouncile Drop ini
Price of Foodst uffs.
Nvw Yori. .\May 21.-- Intluea'nced by
1th liationwide iCe (utting aaitation
iteadily grin'ing ground, tile
i i1 Commlodity marel s of the
country .oda conitinued to "ma111r
riowli'' (Itt g valg s, voitoll, stigily
and (orn options broke violent here
and in Chicago an( Cereals and pro
visi on., including po kl, lso suffered
10har1-1 renletion1s. Signif[ilean e W" as
atta1:d to the (Jrop in thw iork
p i3 3 ai mrklig the first pronifnce'i
b I k ini prit-ed foodottitTs.
Th tock exchanlge showed im]]
'rOVe11e(Int on a A.rp eC OIvry of
I.:i;ry 1 0(h1nds and \'ietory otvs.
A iarge' part of loday's liquidation
in cottonl and tris war triue
to 1( te Furth rel in dow nI of cred
1s by banking insiltt lit 1o here and
in other 1 reserve centers. evidently
in confori twillit. with tile re(Iptest of th
de ral re'5 erve b Oard 1A.
'InI Oh loeal cotton llmarket . \,,
114 n's ine~i liress Shiirts Nill
$17 no toi 4 $5.iIN
D SLIPPERS; ODD LO'
U A T $1.98 TO $3.98
Men's Piants Speelal
$2.i8 ulp to $10.00) Othuerst lik
fIIDQLE NAME IS
contracts broke almost 100 point!,
writh equally sharp reactions in New
Orleans. The Liverpool market al
so reported substantial reactions.
Domestic and foreign metal mar
kett q(uoted lower prices for spot and
further deliveries, sliver proving the
only exception at a slight rise In Lona
don. Little business was done here
in copper for immediate delivery.
Banks in the uptown or wholsalc.
dry goods district, reported addition
al loan contraction and most of the
retail shops advertised -cuts" of 25
to 0 per cent i'n women's wearing
Dealing in Liberty bond; and Vic
tory notes falled to reach the hltg;c
totala of the two preceding days. but
;'.t of t!e huv sss was on an as.
"'ndi;. 'erie. Practitcally all the
ST-1T'y ;,sues! clo-ud a t thef (lay's
ImIaxim!jmITa qtiuotations. gain extend ing
fromt i Iei ceit to 2 per cent.
WIIIN -:VYi): Y ..MOV: i1h'iyS.
Lame vvry 1 morning, achy and stif
all day, wIolse when it's damp or chii
ly? I'vUspe t kidneys and tIry
the reumdy your nllleig hb'ors use. Asii
yevur le iebor!
. .. L. Riiddle, 125 liolmeos St.,
Laurt est. ,;.s; "liilney trouble i got
the it per hand of me several y-ears
ago and I felt I serable. .\ly back
;ni ,ioulieis felt as if there was a
Iavy veight on tehm, and aggravat
inig 'ains took the life and ambition
oit of ne. I haid blinding ( dizzy
spell, and everythilng would turn
bilack before ily eyes. .lornings I
was ao law and sore I could hardlv
d(rs. Whell I h)nt vr1, I had to
hold onl to osmethin, and headaclies
would oftenc coiv onl and thought tmy
hetd would Iislit. My kidneys di(n'1t
a1ct as they should, 1irber. I got i ,
Khlivey Pills at the Powe Drutig ('o.
and they soon put mly kidneys int good
vonllition. I cotIntled usitig I)oan's
al they eittiriely curted mle of my tr1o01
lI Iv. "
(&r. at di dealers. Fotser--.\lilburn
to., 'I frs.. Buffalo, N. Y.
()R LESS NM
T ies 50el to $1 .50 ig laItIe!
lHcin range. Nuiiits, $ i3i8
Ts AND SAMPLES
50c; Men's OxfordsR $1.98 til 1<
"SAME GOODS F
No. 2 Store
J. J. McSWAIN
e7la1A hi Orleans
ood ol hr!mianne is
distinctly a Southern
col'Te for Southemn
it, fter usig lro C 0 . )0 #A
cordintt peore Orleans is
You are not saIlsftci * .
ntevery reompctt s, an N
grocer will rer'inl (ie t mrf c s r a n~ (JJ N e w
Orleans Jas the reou
best coffke in'the
CATALO whcle United States
U.o ieigce asNaEr
Wm.B.Reily & Co.rnc.,New Orleans
-a $1 es t 1.8 o f00
$North Sid Saeln Bufrsd lock.