Search America's historic newspaper pages from 1756-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more
Image provided by: The New York Public Library, Astor, Lenox and Tilden Foundation
Newspaper Page Text
i THE EVENING WORLD, FRIDAY, NOVEMBER 24, 1922. 35 . 'f-iwCT it GOLD PRONOUNCED UNSAFE STANDARD UNSTABLE IN VALUE Dean Johnson Tells Political Scientists Supply Is Irregular. The question of discovering n mone tary standard wliicli will not rtso nnd fall was beforo tho openlni; session of the two-day annual meeting of tho Academy of Political Science at the Hotel Astor yesterday. Tho opening ncMress was mado by Dean Joseph Frenoh Johnson of tho Now York University School of Commerco. "xnt great defect of gold as money." ho said, "la Its lack of eta blllty In value. Tho extent of this Instability has been demonstrated amply during the last eight years. If tho yardstick had fits of stretching and contracting, ondlcBS confusion would be Introduced Into our stores, tailor shops and dressmaking cstab llshmcntfl. nnd If tho bushel basket una peck measure wcro llablo to change In size overnight, we would bo lucky If we escaped an agrarian revolution. Yet tho dollar that tricks people by changing uluo works more )lschlef. "If wo are to get an Ideal standard f value It Ih evident that Its suopl rrust be regulated In some artltlcn Dianncr. it may bo regulated In Unit rery Ingenious way proposed by Prj". Irving Fisher, who would change the sunt price of ROld In order to stead' 'ho general level of prices, or we tna srefer an outright form of flat money i paper dollar so regulated 'n supply ss to glvo us a fairly etablo prlc lovel. "Two very serious divinities Ho In the path leading to or Ideal monev or standard. One Is conomlc. tin other political. Tho economic dllflcul ty arises out of the importance of credit as a prlco-maklng fuctor. A rise of the general level of prices Is often due to an expansion of credit nnd Is Indicative of Increasing confl dence among business men and pro ducors. As It Is not caused by an Increase In Urn supply of money H Is very doubtful If nny attempt should ho made by a Government commission chock the upward moiement of "Ices by a reduction of the money nply In m opinion n rredlt up lift of pi Ices Is a sign of normal lienltliy business condition. "The problem is to Unit eotiio way to determine when u change In the price level Is born of credit nnd when it Is duo to nn excess or n dctlclency m tho supply of money. If our eco nomic engineers cannot work out a scientific law for tho purpose, we should adopt the Yankee, "by gfjsh and by guess" method, and adopt a rule that tho commodity Index num ber must not, If wc can prevent It, vary moru than 4 or G per cent. In any one year. "Do tho American pcoplo know enough about money .to mako It safe to entrust them with the control and regulation of their money supply? If not, can wo find teachora wlso nnd clever enough to enlighten them? Those nro very Important questions and must bu most thoroughly consid ered before wo can venture to set suit on tho unknown sea of Ideal money " lSTTI,V Klt.l.Ktl IIY THUS John Nixon of No. 131 Deccli Street, East Orange, N. J., n glass manufac turer, with offices at No. 141 Fifth Ave nue, this city, was Instantly killed yes terday by a Lackawanna tlallroad train at Clinton Street. East Orange. Nixon, who was seventy-one, was waiting for tho 8.36 A. M. train, and with others crossed tho track to board It on the north side. Apparently ho did not ro . allze the train was close to him. WADS WORTH MADE ENVOY. WASHINGTON. Nov. 21, Mlot Wads worth, Assistant Secretary of the Treasury, has been appointed as Amer ican delegate tb a conference soon to meet In Paris to discuss tho question of reimbursing the United States for the cost rf malntalnltiR an army cf occupa tion on tho Rhine. No date has been set tor tho conference. 0 real Urltoln, I'rnnco and Italy on Nov. 8 Invited tho United Slates to send a representative to n general conference on army costs. Tho Allied Govern ments reiterated their willingness to find a practlcul means to meet tho desires of tho United States concerning reim bursement of Its costs, and stated the cnttro problem would coma up for dls- Vcusslon In the conference. His Excellency The Oyster again rrle-- the larder, and Mrs Housewilo is busy eel ing new ,vays of serving but n-w oi old, she cannot even think ol Oysters without thinking of "Eddus tV run wwr. ' u II II ! ,,V . bauce MADE IN U. S. A. At Grocers and Deliroti s,sen Stores E. Pritchard, 327 Spnnp St . N Y 5hg'e Tea Tizrns Graff Hat Dark GRANDMOTHER kept ht-r hair ln.uitifully darkened, glossy and attrac tive with a brew of Sitje Tea and Sulphur. Wicncvcr Iter hair took on that dull, faded or streaked appearance, this jimnle mixture was applied, with wonderful effect. By asking at any (.'nig store for "Wjcth's Sage and Sulphur Compound," ou will get a large bottle of this old-time recipe, improved by the adJi tion of other jnsre-Iients, all ready to use, at ciy little cost. This simple nu tmr can be depended up in to te st re natural color and beauty to the hair. A well-known downtown dru?!ist says ever body uses Veth's Sage and Sulphur Compound now because it darkens so natu.ally and evenly that nobody can tell it has been applied it's : easy to use, too. You simply dampen a comb or soft brudi and draw it thrush the hur, taking one strand at a tune. By inormug the pray hair dis appear ; after another appli cation or two, it is restored "(o its natural color, and looki Clossy, soft and beautiful. F4NKIN SIMONS MEN'S SHOTS Men's Extra Value Suits To equal this value in our men's suits, most shops would have to announce a sale $44. 00 Duplicates of these suits will have to be sold at a much higher price, it is a wonderful opportunity. The value is incomparably better both in the woolens and in the hand ivorkmanship Men's Shops West 38th and 37th Sts. Street Level STANLEY & CO., 5th Ave. at 36th St.i Fx PIRING RETIRING FROM BUSINESS Entire Stock Without Reserve Mast Be Sold Out AT A FRACTION OF ITS VALUE 265 Fur Trimmed Coats Fur collars, some with fur cuffs, of Vnnchurian Wolf, Fox, Caracul, in nchtiit 'cloths, such as Normandy, Eoliv.a, Deism. Tremendous value. 38 Fur Trimmed COATS Of Bolivia and Normandy, trimmed with Manchur.an Wolf, Fox, Caracul. Made in the very newest style. S re. 1 Selling Out at Fur Trimmed COATS A froup of high cost coats with luxurious fur collars. Some with fur cuffs. Mate rials are Moravcl, Vellette, Bolivia. Selling Out at ,?55 Fur Trimmed COATS Squirrel, Fox, Caracul, Wolf are used to trim these modish coats made of Panvelalnc, Bolivia, Arabela, Vellette, etc. Selling Out at ?(J5 Highest Cost Fur Trimmed Coats Coats of the costliest materials made, befurred with luxurious collars and cuffs of Squirrel, Beaver, Wolf, Fox and Caracul. The best values ever offered. At Tremendous Reduction. Selling Out at 79 10 Silk or Cloth Dresses To Close at 13-75 172 Silk, Clcth, Chiffon Velvet Dresses To Close at 1875 116 Silk or Cloth Dresses To Close at 2250 109 Silk and Cloth Dresses To Close at 3500 All higher cost dresses reduced most drastically TANL EY CO 392 FIFTH AVENUE, AT 36TH ST. MiCONI) fLOOU-T.VKK ELEVATOK Known For Our Low Prices Bloomingdale'S 59TH TO 60 II STREET LEXINGTON TO THIRD AVENUE Very Remarkable Sale Women's Winter Coats Fur Trimmed Season's $ Smartest Models 33 Way Below Season's Prices The materials include all the fashionable rich fabrics of the new mode Normandy, Bolivia, Diagonal Bolivia, Pebble Bolivia, Cashmere Velor. Beautifully fashioned to accord with tho latest de mands of fashion, their smart appearance is further en hanced by their rich fur trimmings of Caracul, Manchu rian Wolf, Australian Opossum, Platinum Wolf and Beaverette. Navy, Reindeer, Black, Brown. Every size from 34 to 48, Me larger sizs being: cut in the new long lengths and full flaring styles that aro so vastly becoming to stout figures. One Thousand ) $-j - Sport Coats ) JlJL .95 More of those wonderful sport coats smart in ap pearance and remarkable for wearing qualities. Double faced Herringbone materials in Gray and Tan, in sizes 38 to 44. Bloominadale'a Second Floor More of These Marvelous Values Fur Trimmed Hats $9.95 Remarkably Low Priced Fur brims to accord with tho fur of one's coat. Metal and Silk embroidered Crowns to af ford a bright contrast. Full fur brims or half fur brims of Coney dyed in Sealine (Black) Mollne (Taupe) Beaterette (Brown) Squint line Gray) Ever so many charming vari ations of the becoming of f-t he face style, small and medium size models. UloominydMc'a Mnin Floor. Silk and Wool Hosiery For Men, Women and Children Seasonable hosiory good weights for now and later. Im ported and domestic makes in n 1 11 nro variety of styles. For Women Full Fashioned Silk and Wool Hosiery, $1.48 pair filuck, White, Navy, Cordo van, Camel; In two-tono ef fects In u variety of culora. Slightly Imperfect. Cashmere Wool Hosiery, 8'Jc pair Drop Stitch Wool Hosiery In plain colors Camel, Hrown, Cordovan, Lavender und Gray. For Hoys and Girls Wool Hosiery, 59c pair Drop Stitch Wool Hosiery In Heather mixtures. Imported Wool Hosiery, 98c pair Threo-quarter length, with fancy cuff tops. Oxford, Green, Heather with White. Colored tops in a variety of color combinations. C to 9. For Men Drop Stitch Wool Half Hosiery, 59c pair Medium weight, drop stitch, Henthor mixtures. Mercerized Socks, 24c Strictly first quality. Re inforced heels and doublo soles. Black and Cordovan. llloomingdalr'a Main floor Mil Never Wind Clocks '18.50 A limited quantity of these l.nnd.Mmie Clocks. Never need winding. Gracefully con structed of polished brass, base 10 inchcb high; with glass dome. Main Floor. At an Unusually Low Price! Splendid, Well Made Holland Window Shades 69c This is really a low price for such neat and durable Holland Window Shades. In white, cream or green, mounted on guaranteed rollers. All fixtures complete. ItlaominudnlK't- Third Floor iiB,imintMIMiniiiHiti'(H t rfiitu . 14 Kt. White Gold Wrist Watches $13.95 A limited number of very fine 15-jew el, nickel lever movements, fitted in 14 Kt. white jrnld cases. We guaran tee .horn to keep perfect time. Three styles Tonneau, octagon or cushion, beauti fully engraved. UHit Floor. Toylancl Specials for Saturday Toyland that wonderful place on our third floor, whom Santa holds court in his magic castle and thousands of child ren )f tins great city arc hiB adoring subjects. They stand in wide-eyed umarement to sco tho heaps and neaps ol marvelous toys he has brought to fill their .stockings on Christinas morning, ami laugh nnd clap their hands with glet at the funny antics of Santa's performing clown and me jhanical doll. Don't fail to bring the children to Toyland Santa has a surprise package lor every good little boy and girl. ft. 98 Flexoplanc Steering Sleds, $1.25 The sled for either boys or girls. Has steel run ners. Desk Black Boards, $1.69 On easel. All have re volving chart. Walking and Talking Dolls, $1.9$ They w a I k ami say '.Mama.'' are Uii inches tall and an- dressed in lumpen-, hoec and wocks. Rocking Horses, $2.49 A delightful toy for the very oinall tot. Mechanical Trains, $1.G9 Iron engine, tender, pasi-enger car and eight pieces of track. Baby Sleds, $2.25 All have oak backs. Just tho Hied for your baby. Scooters. $1.98 The sidewalk toy for ho and girls. They havo rubber-tired wheels. I Tllonmngdalr i Third Floor Doll Carriages. $1.98 Fibre icim oo.ly and hood, reclining backs. l.o ses & Waj.onx, $1.!H Three styles to choose from, all are drawn by two horses. Puss in Boots, $1.75 Tho very tuy nil have crving voice. Electric Train Outfits. $5.98 Klectric type engine, two cars and track. Automobiles, $5.98 They have motor meter, lamps and bumperi like real automobiles. S4.93 $$.98 J J m ( 1 4