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Monday, October lrf, 1917. PAGE TWO DAILY ARDMO.IEITE m IIGII COST OF LUG EMU IF in cease com THUS SAYS YALE ECONOMIST, WHO ADVISES HOLDING ALL PRECIOUS METALS IN GOVERNMENT TREASU RIES IN FORM OF BULLION, ISSUE CERTIFICATES AGAINST IT AND QUOTE IT UP AND DOWN WITH COMMODITIES. MXTH AM LAST U-XTl'RK. Berkeley, Cal Oct. 13. Irvlnic Klh era sixth and last lecture on the hiKh cort of living u chiefly tlevotert to hU own remedy, which remedy, he explain ed, fcppliea only to that part of the high coat of llvinc which la due to the In stability of the monetary unit. He iwid. in part: KtabUbe the Itollar. Although other factor have had a share, it ia money which, throughout hlHtory haa chiefly made price upheav als. The appropriate remedy for such an evil la therefore a monetary rem edy to "Mandanllre," or "Maliilize" the dollar. AVe have standardized every other unit the yartUtlck. the ouiid, the seoond, the ampere, the volt. etc. Hut the dollar, the yardstick of com merce, has- never yet been standardized aa a unit of value. Anil yet the dollar enter into every contract, whereas other units enter into only some. . Other I nil Standardized. . It is Interesting to find that the yard was once as loosely fixed as a dollar ia today. Originally a yard was the girth of the chief of the tribe and waa called a "gird"; afterwards the length of the arm of Henry the First was called a yard; then an iron bar waa taken as the Standard yard: and finally a platinum bar was used. We now have a bureau of standurds at 'Washington to put the finest pos sible point on the standardization of weights and measures. The old rough standards are not good enough for mod ern business. What would a business man today think of a yardstick which waa the girth of the president of the United States? What would have hap pened to business contracts made in terms of "yards" when, a few years ago we changed from the Taft girth to the "Wilson girth? The Dollar Masquerading We must not delude ourselves by fancying that the dollar ia standardized because its weight ia fixed. The dollar is supposed to be, and ought in fact to be, a unit of value. But it is really a unit of weight masquerading aa a unit of value. Though its weight is fixed ita purchasing power is not. We would not tolerate a yardstick which merely pretended to be fixed in length when in fact it was fixed in weight in stead if, for Instance, we had a law specifying that any stick of wood weighing 25.8 ounces should he consid ered a yard! We tolerate a false dollar because we do not understand it. A Joke on the Dentist I once asked a dentist Jokingly if the high cost of living had applied to his gold. To my surprise he did not know and when he looked it up he could not understand why the price of gold had remained exactly the same all the time he had been in business! I said tlon would go on substantially as at present, that la gold would flow into and out of the monetary circulation, aa at present. Varying the Wright of the tiold IMIar. With only paper representatfvea of gold in circulation it is evidently pos sible to vary at will the weight of the gold dollar. To do so is simply to vary the quantity of gold bullion for which a per dollar can at any time le exchanged. It would be no more difficult to make these variations in weight than it Is now for a merchutit to alter the weight of sugar which he will give for a dollar. Index XuiiiImtv Itut. it will be asked, jihat rule or riterion is to guide the government in milking these variations in the dol lar's weight? Am I proposing that government officials be authorized to mark the dollar up or down according to Iheir own sweet will? Most certainly not. A definite and simple criterion for these adjustments Is at hand the now familiar "Index numbers" of prices. This is the tell tale by which to measure and by which to correct the depreciation (or the con trary) of the dollar. The bureau com puting this index number would be required to publish It monthly, ex pressed as a percentage of the original price level aa par. Adjusting the Dollar by the Index Number. The figures, as published, would uf ford the needed official sanction to the mint office to change the rating of the gold dollar . If, at any time, the index number were say, one per cent above the it-gal par. the weight of the gold dollar would forthwith be increased by- one per cent. If for any reason this added weight were not enough to restore the one per cent loss of purchasing pow er i. e., to restore the price level to par) the next monthly Index number would tell the tale. If this were, say, still one per cent above par the dollar would receive another 1 per cent coun terpoise. This process of counterpois ing would continue every month until it proved sufficient. If, reversely, the Index number were found to be one per cent below par a one per cent de crease in the dollar weight would fol low and if the index number showed it to be necessary the dollar would be unloaded each month of ballast until righted again, that is until the index number of prices (rot up to par. No Shock. The introduction of this system would not produce any more shock than did the Introduction of the system of standard railroad time or the recent modifluitkin of it for "daylight saving. Just as the time engagements of the whole world would have been shifted by the simple shift from local to stand After this war, the whole question of monetary standard will come up. ' A Half Way .Measure. In the meantime. It would be a utr tial relief if, without affecting the dol lar, money wage were adjusted by an index number of price. This haa been already started, at my suggestion, by several concern. It ought to be done by the government for it salaried em ployes Otherwise, they especially will suffer from the mounting cost of living destined. 1 fear, to continue throughout the war. riEl'u Of MADILL MKK IIKSTKOYH TWKNTV-KOI It BU.KM COTTON ON I'lATr OK.M. VA1XK OK STK.VM. It Ha I teen Put to Many lse Sine the Day of Watt. I'uck: Steam is water that lias gone crazy with heat. It was first discovered for exhibition purpose by James Watt, a Hootch youth. Being Hcotch. James could not bear to see anything wusted. lie therefore attempted to save the steam by plugging up the snout and wiring down the lid of his grandmoth ers kettle. The explosion which ra sulted convinced James that steam had more of a punch than it hud generally becn credited with. As a result of this exieiiim-nt James lecldi-d to discover the steam engine. and did so. Since then the world has seen the in vention of the steainlsutt, the steam whistle, the steam laundry, ihe steam udiutor. the steam roller and Theodore Koosevelt, all of which deend UHll steam for their motive iioner. everything which has any connection with steam Is distinguished for the large amount of noise which it makes. All steam-driven mechanisms, from the stead radiator up to the steam engine, are constantly wheezing, clanking, tooting, .roaring and grumbling in such a manner as to madden delicately con stituted iersons who stand in need of quiet. Notwithstanding this fact, steam has been of great help in the development of the world. If it were not for steam, commutera who live from five to twenty miles from the city would have to walk in and out of town every day, and would thus have to devote all their time to walking and none to working. Furthermore, ocean steamships would be imiossib)e, and any one who wanted to get a letter to Europe in anything like decent tlmiM would have to hire somebody to swim over with It. There are times when everybody gets disgusted with steam. When, during a cold snap, the noon express arrives at 8:40 p. m. or when the radiator becomes as cold as the ice Imjx of a refrigerator Just as the guests are ready to sit down to a game of cards at such times aa these, one wonders whether the great discovery of James Watt wasn't all in vain. All things considered, however, steam gives very fair satisfaction; and It Is probable that it will not be replaced by a substitute in the Immediate future. Iloth the Staple and Nerd Bringing tiood I'rlce on lite Madlll Market Over Twa Hundred Marketed Saturday- Need Sold at M Trr Ton. Madlll. Oct. 13. Klrr. which started in leveral hundred bale of cotton on the Frisco platform at an early hour Saturday morning, burned twenty-four bale before being brought under con trol. The fire wa discovered and the alarm turned In by Bd Know, superin tendent of the McMillan Gin company, which is located Just north of the plat form. Over "00 liale of cotton were mar keted In Mudlll Saturday, for which 2 to 26 m i m Id. See.- eold here at wr ton Friday and Saturday. Mis Marie Wells, teacher In. the Kingston high school, visited Friday with Mends lit Madlll. Constable 4. W. liucon of the Wood ville district was In Mudlll Saturday on his wny to Ardmore to look u; a man wfio hud given a hot check at Woodvllle a day or so ago. County Treasurer I'.en llurney left Saturday afternoon for a short business trip to lu-nlson. A. I. Kay, istnmstr at Simpyon wuh a buMiiesM visitor iii Madlll Satur day. U. II. Marker, prominent farmer and stockman of Simpson, was In Madlll on business Saturday. Rev. K. H. tiubcix-k of Dm ant. pres. siding elder of this district, was the gaest Saturday of Kev. A. P. Johnson going to Rolf in the afternoon to hold quartely conference. NAMING N'KW TOWNS. Old Do " " u. i-.iir.uiK mm me -would all be nut on a truer standard by the simple shift of the weight of the dollar. I'laii Kndor-,ed I may add that hundreds of econom ists, bankers and businj-ss mei to whom the plan has been submitted, have given it their endorsement and I thid that it had occurred to many oth ers independently, Jiut. unfortunately. Just as it took time to convince the world of the advantage.' of standard time, ho it takes time to convince it of the advantages of a standard dollar. price of a quart of milk, is always two pints of milk!" A lump of gold weigh ing ten ounces is always worth $186 simply because out of that lump of gold you can cut just 1SS dollars. That is, a adollar is simply that amount of standard gold which weighs exactly 1-186 of ten ounces, or -3.8 gruins. " The Plan. Our present gold dollar, being Invar iable in weight, is necessarily variable in purctiaslng power. The plan pro posed is to make the gold dollar as nearly as possible invariaahle in pur chasing power by making it variable in weight An American gold dollar is heavier than, and buys more than Mexican or South American gold dollar. If the Mexicans should raise their dot Jar to our weight It would evidently buy more than it now doe. If, then we can find some way to increase from time to time the numler of grains in a dollar Just fast enough to compensate for the loss in purchas ing power of each grain, we shall have a fully "compensated dollar," that is, a dollar which has constantly restored to it any purchasing jKiwer it may lose by gold - depreciation. The rule would work both ways, of course. . No Coins But. how, it will be asked, can we vary the weight of the -gold dollar? The suggestion of a dollar of variable weight probably brings to mind a vision of ceaseless reooinagea resulting ih gold eagle of many different weights Jang ling in confusion in our pockets. But let us rememlH-r that gold dollars can circulate otherwise than in coined form! In fact they usually do; most of our gold even now circulates, not in the form of gold coins but In the form of "gold certificates." These are paper warehouse receipts for gold bullion which liea in the vaults of the I'nited States treasury. Thus, although gold dollars are essential to our monetary system, gold coin are not. Free Coinage, We shall suppose, then, that the lit eral physical coil, age of gold is stopped and that gold shall hereafter circulate exclusively, as it does now all but ex clusively, through paper representatives. Cold would, just us at present, be brought by the gold miner to the mint tif the government office for deismlting it could still be called the mint) and he would. Just as at present, receive j per representatives in return.. This process would be virtually a flow of gold from the mine Into circulation. Redemption. On the other hand, the gold bullion would verve exactly as at present for redemption of certificates. The Jeweler or rxmrter would, just as at present, exchange certificates for bullion at the treasury. Such exchange would be the ultimate redemption in gold. Thus free coinage and free redemp- Homes f all worldly interests the making of a home should be the first in the mind of the head of a family. The home is the rallying place for all those of one flesh and blood who are united by the strong est human ties. In the home are inspired advancement. all of all for hopes plans progress and all aspirations af ter higher things. May we help you with your plans. HUDSON-HOUSTON LUMBER COMPANY Phone 32 San Francisco has the largest lan I locked harbor in the world. In area the Bay of San Francisco covers 420 miles, and has a shore line, exclusive of navi gable inlets, of 100 miles. San Fran cisco has a water frontage on the bay of ten miles. The berth space of all piers and bulkhead wharves is 12.7 miles. .tsHociation Have Much lo With Selection of Title. New York Sun: The Postal Guide records some hundreds of new towns and postofflees in the United States every year. Of course every new town or village or hamlet must have a name and what shall that name be? While natural aspects often deter mine the choice of u name old associa tions have still more to do with the matter. Hence the vast number of places beginning with the prefix "New." There are already more than 600 post offices bearing this prefix, and every year the number grows. Most pioneers look back with aftec tlon on the home of their childhood. That is why between 700 and 800 places in the United States have names be ginning with the adjective "New." In the same class are 222 "Littles," 101 "Bigs." 700 "Norths." 600 "Souths," 616 "Basts" and 800 Wests." Dead and gone presidents hare con tributed many names. There are six ty-six Jackson in the country to only forty-seven Washington.. There are al so forty-seven Jeffersons. Buchanan la the least popular, with eleven. Twenty-seven states have postofflce towns named after them The number of women's names that have been used I almost iMtssea computation. Alpbslwl (rally they ranice from Ada to Vlvlg and euphonic'ully front Puritan Ham thu and llcpzihah through the itiman tic Amanda and Angelica to the Shake- spearin Kosalind, Viola and Olivia Marion comes out ahead with fort one. Hut umong men's name Willlum far more popular, with 150. The oth era range from Aaron and Cain to Zephanah. Among authors Ityron. Hun yan, lluin. Itrydeu. Intrwln, Milton and even Otwutn and Virgil have all beeu requisitioned. Heroes of war Ilk Hancock, rich men Ilka As tor. foreign notabilities like Bismarck, singer like Jenny Llnd and actor like Booth, fig ure In the isistal guide. There are over TOO Xupoleana and thirty-five Hon a partes. Stars, planets, god, goddesses, birds, beast and flshe do not figure quite so strangely as Hacon. Cream. Whisky Brandy, Hum, Hurler, Wine, Coffee and Toliacco. There are over 200 Oak com binations, more than 100 Blanks, 95 Blues. 1 Browns. 142 Keds, 518 Creens, l Cray, 200 While and 37 Yellow Hardly less curious" are Hat, Hood Overall. Shoe, Heel. Broom, Kettle Oven. Fork, Pin. Blanket. Hots. Wa gon, tlimlet, Files, Sawdust. Shovel, Or gan. Violin, Clarion and Drum. A mo and Amour appeal to the ten derest sentiments, and bo do Amity Charity. Delight. Friendship, (iiare, Harmony, Hope, Joy and Love. The numes fulling into no special class show that hei-e the names in search of oiiginal titles were appal cully reduced to ilespuir and took ul most the first one that came to hand. Or perhaps they took the very last, us wits the rase In the town culled Name less in North Dakota. In this case after submitting to the government long string of names by which It wua desired to have the place officially cull ed, the person in charge of the matter added: "If a name cannot be selected from this list the town will have to remain numeless." "All the other names are preempted let It be called Nameless." was the reply. So Nameless it is. WHKN MISTKRKD. Boston Transcript: "Pa. what are seasoned troops?" "Those that have 'pep' and 'ginger' in em. I supMse, my son. filrs. Pauline Galeson HEM-STITCHING W ITH FERN RYBl'KN 113 West Main. Fhone 1934 WOKK OK CO.MiKKHM HAM IIKKN NTCTKNIHH'M, KAYM CIAKK Speaker Drnlr legislator Were HIU lory In KupHrtlni Ihe War. Pittsburgh. Oct. 15. Speaker Chi'inp Clark, at a great Llls-rty bond mas meeting here, reviewed the wirk of the recent session of congies and Vig orously defended It against the charge that It hud been slow in financing the country for the war. The meeting Mlwd a p.irult in which the leading busljics und profe. atonal men of th- rity a well as thous and of worker from the null of the Hittsburgh district look part. "The amount of work v accomplish ed," Mr. Clark mild, 'I auuMlng, iiiipre- J cede ii ted and stupendous. The aum of money appropriated and the bond au thorized stagger the Imaalnatlon, nlure gating more than six time the coat of Ihe Civil war. livery dollar III (ovein ment asked for the preparation ami con duct of the war ha been expfiC'ioiisly voted by congre.. 'I lielifvr that 0 per tent of the American 'people are patriotic, accord ing to their lights. I arn glad to think that that I" true. 'It cannot be stated too oft"ii or loo emphatically that congress l willing nd ready to vote every man nd t vei y dollar necessary for the u-.-cessful con duct of the war." Wetern Australia haa Increased It wheat yield In ten year from 77,000 to more than 1,000.000 bushel. Children Cry fcr Flotchor'o The Kind You Have Always Bought, and which has been In use for over over 30 years, has brne the signature of and has been made under his per 0 - and has been made under his per s y4 77 sonal supervision since its infancy. l-aryy. JUCiZ auow n0 one to deceive you in this. All Counterfeits, Imitations and "Just-as-good" are' but Experiments that trifle with and endanger the health of . Infants and Children Experience against Experiment. What is CASTOR I A Castoria is a harmless substitute for Castor Oil, Paregoric, Drops and Soothing Syrups. It is pleasant It contains neither Opium, Morphine nor other narcotic substance. Its age is its guarantee. For more than thirty years it has been in constant use for the relief of Constipation, Flatulency, ' Wind Colic and Diarrhoea; allaying Feverishness arising therefrom, and by regulating the Stomach and Bowels, aids the assimilation of Food; giving healthy and natural sleep. The Children's Panacea The Mother's Friend. GENUINE CASTORIA ALWAYS Bears the Signature cf In Use For Over 30 Years The Kind You Have Always Bought ( Every Woman Wnnlu You Can Shake Loose from The Tortures of Rheumatism By using S. S. S. The germs of Rheumatism are in the blood, which is laden with mil lions of the minute demons of pain, causing; untold suffering and bringing its victim from vigor and strength to almost neipiessness. lo Ret real and penuine relief from this disease, these disease germs must be com pletely routed out of the system through the blood. S. S. ?. has been uurd for fifty years with satisfactory results in the treatment ot Khrumatism. It acts directly upon the blood, which it promptly purines of all disease eerms. It is a powerful antidote, and elimi nates from the blood all trace of rheumatic perms, building up and strengthening the run-down system. I rite to-day to our medical director,- who will give you valuable advice regarding the proper treat ment of your own case. Address Swift Specific Co., Dept. I At lanta, Oa. r FOR PERSONAL UYnirNC Diuolr! la watar for douches step pelvic catarrh, ulceration and infUm. nation. Recommended by Lydia E. Pinkhan Med. Co. far ten A healing wonder for natal catarrh, ore throat and sore ne. EaumminL Hu extTftan&urv rWiwn. mA ' ' 1 . . ISval. Fim. 50c. ad dnieaM, or po-r-d br V"''. T rill Tod CCTnttiT, By cm, Kw Phone 366 Caddo an 3rd Av? C. P. HALL The New and Second-Hand Home Outfitter. IN THAT BIG BOX HOUSE NO RENT TO PA. Just received big shipment white and ivory hedroon. suits. Our specialties are the Herrick Refrigerator, the Border Queen Kitchen Cabinet, side roll; Revonacl; Oi' Stoves, Superior and Monogram Gas Stoves. We Swap and Bur Anything Easy Payment. p;!'::;!:::!:T!V!:: "DEAR,-Stop Your Dandruff by using Pompeian HAIR Massage " uanarutt nas made your nair straggly, thin looking and uteless. . Your coat collar is al ways covered with ugly scales, Stop your Dandruff now. You can. Just look at my hair, The Dandruff is entirely gone and almost overnight Pompeian HAIR Massage made my hair at- The succes of Pompeian HAIR Massage is in its name "Mas sage." It is a treatment, not merely a tonic. The massaging (rubbing) of the scalp wakes up the roots of the hair to new life. This massaging also opens the pores of the scaln to the wonder. fully stimulating liauids in Pom. peian HAIR Massage. Dandruff goes, your hair will become and stay healthy, vigorous, attractive. All that is needed is a little massaging once or twice a week. erne 'appiicut.-ui shows results. Your scalp immediately feel Cream. clean and invigorated. In one month your Dandruff will be gone. Pompeian HAIR Massage is a clear amber liquid. Not oily. Not sticky. Very pleasant to nse. "Greatest treatment for Dand ruff in the world," says J. A. Y Chicago, III, "and I speak from experience. My hair before I started using it had goke beyond the ordinary stages of Dandruft and was covered with scales which embarrassed me greatly. I have introduced Pompeian HAIR Mas sage to my friends." Practically every user says one bottle shows actual results Get a 25c. 50c or Si bottle at itu stores and say the same. Have your barber every now and then apply a careful Pompeian HAIR Massage. Used in ove- 30.000 of the best barber shor from Maine to California. Made by the reliable makers ti the famous Pompeian MASSAGj.' Cream and Pompeian NIGH1 Mr. Aeto Oweer WE HAVE THE BEST Vulcanizing Plant IN THE CITY. When you have tires that need vulcanizing we will ask you to send them to us. Our vulcanizing department is in charge of experts and thev know just what a tire needs as soon as they have examined it. All work guaranteed. Send us your old tubes and casings to be repaired. Oldahoma Oil & Mo Supply Co. (Incorporated) DON A. COCnRAN, General Manager Wholesale and Retail. Adv. 3) 111. MClUISMMINHStltf Milt. II4IKI11II1I1IMIMIMIM4II fl M.Ui .MHiUl Mil UillUtlill : Ml I It 111 lit 14ijl! tl t lit lilt U