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The Bozeman courier. (Bozeman, Mont.) 1919-1954, September 14, 1921, Image 8

Image and text provided by Montana Historical Society; Helena, MT

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn86075113/1921-09-14/ed-1/seq-8/

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Dr. Vuiena H. Barker of Washing
ton, D. C., is identified with a number
3i organizations for which she directs
die program of social hygiene. She
.s National Director of the Department
jf Social Morality of the W. C. T. Ü.
and will he present at the approach
•itg convention to present the plans
*hich site has developed for the ac
. . 'f that organization in her
««■Id of work. Dr. i'arker has recent
y been appointed executive secretary
r the t'mtcu States Interdepartmental
v/cial Hygiene Board, the lirst worn*
n to he put in charge of such an
. e.
The purpose of those who repre
sent the people in the nation lalegis
lature is to try and get the good old
ship, the U. S A., to stop "tacking"
and again set on a straight course for
tho haven of prosperity and happi
ness from which she was diverted by
the hurricane of war and its after
math. If we concede that fundamen-!
tal propos'tion is based on tact, let
us attempt to realize the position the
ship is in today. In the first place,
how many passengers have we on
board now as compared with a year
Perhaps there are some people in
the United States who do not know
that there are 1,337,000 more persons
living within our borders than
case a year ago.
the secretary of the treasury show
tils. This
The reports of
is due to the net daily
increase of 4,636 in our population
according to the same authority. Des
pito the fact that wo have 108,087,000
persons in continental United States
and have no famine, no pestilence, no
scourge of any kind and that prices
o! nearly everything have fallen, fal
len, some of them to a frightful de
gree, and while all the skilled finan
ciers and bankers and theorists and
philosophers declare that the
L .s been turned," yet the best that
the industrial and commercial papers
can say is that the situation is "spot
ty." What is the meaning of it all?
V\ e have a third of a billion dollars
more of gold in the country than
had six months ago and the reserve
in the fed; ml reserve banks has ris
en to 32 1-2 per cent as against 42
per cent a year ago, and the discount
rate at New York, Philadelphia, Bos
ton and San Francisco are now 5 1-2
per cent.
The census bureau has issued
bulletin telling that the total value
of farms and farm products have
grown to the prodigious sum of $77 .-1
000,000.000, an increase of over 100
per cent since 1912, and a total equal
to the entire wealth of the nation—
agriculture-, manufacturing, banking,
'"'til estate, and everything from a
pin to a locomotive—in 1890. only 31
years ago. Just stop and think of
I hope every reader grasps
the significance of that statement,
llow can I state it more forcibly?
i he steel industry, operating at
perhaps 20 to 25 per cent of its ca
acity, and continually reducing its
pru es, is getting orders on a reduced
The greater the reduction the
the order takers are successful
in the.r hookings and the price de
Every price reduction para- 1
doxically seems to deplete the sadly
dwindled stock of optimism.
• railroads have had a great
; mount of money allocated to their .
da ms. and a half billion dollars j
i lore is prom sed very shortly. Yet
the number of idle cars is decreasing
only at the rate of between 4,000 and
5,000 a week.
much lower in price than it cost this
time last year at the mines. Still the
Bituminous coal is
Harvey's Delicatesen
40 West Main Street
Cooked Meats, Vegetables, Salads, Doughnuts, Cookies
and Dairy Products
We Put Up Special Lunches
Mrs. Deborah Knox Livingston ifl
an orator of international reputation.
She has spoken in every state in the
Union. She has helped in campaigns
in Canada, Scotland, England and on
the continent of Europe, in the in
terest ®f prohibition and the better
citizenship of women. She is the Na
tional Superintendent of the Depart
ment of Christian Citizenship of the
W. C. T. Ü. and is bending all the
energies of her department to the
arousing of a greater sense of civic re
sponsibility in the women of America.
Mrs. Laura Parks Miller. Director
of the Department of Women in In
dustry ®f the National Woman's
markets are dull and sluggish. No
j one has filled their bins ye the first
frost is only four weeks away, unless
j the . igns of the past are of no ac-!
! count or value.
| We in America have a potentiality
G f wealth equal to that of the Brit-1
jsh empire, France, Germany, Italy
end Japan combined, and yet it seems
from the talk we hear on every hand
tirât nothing moves to the satr. fac
tion of anybody. Everyone complains,!
and the habit of feeling pessimistic
i s becoming chronic, rather than a
temporary "blue funk" The prices
of Lberty bonds are lower than ever,
the yield greater, the security tre
mendously increased since they were
issued, yet the daily papers report
r nearly at the lowest known
My friends, the whole trouble is
'hat the plant known as "confidence"
has not grown as it should.
It has
suffered Severely from the cyclone it
has weathered. Our trouble is psych
ological, not fundamental. We need
just as many items all along the
line per family as we did a year ago.
and much more, and we have the
money and the credit to obtain what
we de ire if we had the courage and
nerve to go about it in the right man
Smoke screens are all right when
, ,
T Se . nd tbem Up to blot and dlstort
the vlslon of what we P ossess
we wish to protect ourselves from the
enemy, but they are all wrong when
In the times of the greatest pros
perity one per cent of the population
; s out of work from one cau.-e or an
other. Today perhaps four per cent
of our wage earners are not work
ing. They are living on what they
have put away in a teapot, a stock
ing. or a stove, perhaps, if not in the
savings bank, and their savings are
rapidly diminishing. But they are
selves and society in general. They
; ar e accepting lower rates of pay and
! £oing back to work. N : ne thousand
j carpenters agreed to new terms in
Philadelphia a few days ago. They
! are joining the ranks of those who
are doing their best to help along
with an optimistic program.
! Let us remember that there is a
j difference of only 12 per cent be
; tween a state of stable high pros
parity and that of a depressed, ane
good sports, and each day sees them
realizing the duty they owe to them
mic, pess imistic, melancholy inactiv
ity. Therefore, we should rouse our
selves to the importance of the situa
tion; to the glorious age- of oppor
tunity in which we are living; to ap
precate the fact that we may soon
see in a completed plan of disarma
ment an opportunity fer the benefit
and upbuilding of civilization and
mankind; the lifting of a yok® which
has chafed the necks of billions since
the dawning of history and which
when a fulfillment is reached will be
the greatest boon to mankind since
, the day the the "star" appeared over
We lead in the papers of com
anies passing or postponing pay
Christian Temperance Union, hß9 |h>
redder aecnred the attention of thQ
public for her work in this br anch ox
social reform. Her ambition is td
bring Into the membership of the Worn
au"s Christian Temperance Union at
least 25 ner cent of the women of the
community engaged in gainful occupa/
tlpna, Thus she hopes to bring about
a better understanding between
who work outside the home and those
whose activities and Interests center
about the hearth. Mrs. Miller Is do
ing valuable research work and compil
ing figures which are of considerable
importance and significance to wack
ers in every branch of welfare work.
ment of dividends earned during the
first six months of 1921 on the theo-
ry that a more convenient season is
coming. The amount of dividends
i paid by these companies hitherto ap
; i»r »änmted $23.000,000. Man y of
thesc are cumulative,
: Do yoy know, my friends, accord
] to Prof. David Friday, that the
.avings per day for 1920 of the great
United States of America were $31,
cd up just one day's saving in the
deferment of all these dividends,
We, as a nation, have pass
Some day if more capital were in
evidence activity would Le greater
Only last we.k in the cable reports
there is the equivalent of nine bil- '
lion dollars in British banks await
ing investment. Surely some of it
should come our way in payment of
the int rest due on the four b. Ilions
we leaned Great Britain, so that we
could pay the many just claims of the
.oldiers. But the financiers say we
''"Ve too much gold here already—
more than 40 per cent of $7,700,000,
000, which is the gold stock of this
terrestrial sphere. Then, again, 9,
445,327 jersons in the United States
have $5,183,000.000 in the savings
bulks of this country. Professor Fri
day says our savings—listen to what
I say—for the last six years or since
1915. have been $90,000,000,090,
than the entire wealth of the
mere than the entire wealth of the
country as accorded by the census of
1900. How does the man who is
pessimistic reconcile these proven
facts ?
The last report of the secretary of
the treasury says 952.224 more per
sons paid income taxes on $2,272.256,
118 additional of income than in the
previous years.
For the last six months of 1921, 2,
090,000 more tons of anthracite have
been shipped than in the same period
iti 1920.
Each month this year, according
to the Irving National bank, there
has been an increased consumption
of silk, cotton and wool. A motor
company turned out 105,000 cars in
June, the largest in the history of the
company. Silk in storage on July 1
reached the lowest point since
Silk Association of America started
compling the statistics. The total
. was 15,521 bales, against 20,541 on
June I- An arent consumption dur
ing ïi un? was fhe highest ever report
ed—30,87 bales.
If there is all this money on hand
await ng investment, why do the peo
-Po rn«h to pick un the bargains
that are lying around? A great bank
ing corporation in New York says the
ten highest grade railroad bonds are
selling at the lowest prices in forty
Just think of it.
Of course, it is a question of lack
of confidence in the- future. If every
vince one friend of his or hers that
vince one friend of hs or hers that
very great opportunities lie just
ahead of us and ask that that friend
tell 4 wo others the same thing and
ers, and so on, by arithmetic progres
sion, even if these were "dog days"
we would create such a momentum
of confidence that we would be pre
pared by being in a thoroughly in
spired optimistic frame of mind to
grapple, with more chance of success,
with any international problem than
which we might be confronted.
It is our duty to create an atmos
phere of confidence even in
dog days," for we possess the firm
foundation that makes for perman
The bottom has been reached.
Wholesale cost of food is slowly ris
ing, showing that deflation in food
stuffs is more than liquidated and
the increasing demand which a les
sened output is making itself felt, ac
cording to the laws of economics
wh'ch no statute can defy.
Increased efficiency and addition
al production in every line are wair
ranted. The pent-up forces can
longer be maintained in statu quo
but will when suddenly released have
a torrential force that will inevitab
ly force prices unreasonably upward
It behooves us as representatives to
be leaders* not followers, and to give
an impetus to industry by proclaim
ing loudly from the housetops the
possibilities existing so generously
within our borders.
We ac'complished the impossible
during the world war. We cam per
form miracles in peace if we are not
faint-hearted. If we do no gird up
pur loins now we shall be forced to
do so later when the bills hare to be
The tariff bill will help some, bmt
the taxes on profits, no matter what
they are, can not be collected if there
are no profits. What we must do is
to show the people the necessity for
making additional proper profits on
increased production marketed at at
tractive prices. Places can no* be
found for service men if there are
none where their activities can be
utilized. We must have additional in
come to pay for those who are dis
abled. This number is being increas
ed at the rate of 700 per day., Let us
have increased taxes on corporations,
150.000 of which now existing return
no revenue to the treasury. Let ms
create the opportunity for them to
earn profits by extolling merits of
the situation we possess just ahead
of us, but which for the moment a
fog bank of indecision seems t® ob
scure. ,
Confidence is the keynote of ®ur
social structure.
Let us talk it and{
practice it on all occasions, and be- N
lieving that our heritage is unsur
passed have the confidence and vig
orously make the most of It.
School Shoes For Boys and Girls

We have a complete steck of the best quality shoes for the coming
school days
At ike Lowest Possible Prices
' *
Makes this store a special shopping
center for high grade merchandise.
New lines arriving daily
120 E. Main
The Home of Better Shoes
Phone 379-M
1 : a
IP I;»
a m
I ü
> I
\ a
! 1
You'll get somewhere
with* a pipe and P. A.!
Start fresh all over again at the beginning! a Get a
pipe !—and forget every smoke experience you ever had
that spilled the beans! For a jimmy pipe, packed
brimful with Prince Albert, will trim any degree of
smokejoy you ever registered! It's a revelation! #
Put a pin in here! Prince Albert can't bite -
tçngue or parch your throat Both are cut out by our
exclusive patented process. So, just pass up any old
idea you may have stored away that you can't smoke a
pipe ! We tell you that you can—and j ust have the time
of your life on every fire-up—if you play Prince Albert
for packing!
What P. A. hands you in a pipe it will duplicate in a
home-made cigarette! Gee—but you'll have a lot of
fun rolling 'em with Prince Albert; and, it's a cinch
because P. A. is crimp cut and stays put!
Prince Albert is
sold in toppy red
bags, tidy red tins,
handsome pound
and half pound tin
humidors and intha
pound crystal glass
humid or with
sponge moistener
Copyright 1921
by R. J. Reynold«
Tobacco Co.
the national joy smoke
The railroad connecting Helena,
Arkansas, with Joplin, Missouri, re
cently suspended operations because
of bankruptcy. Persons living along
the lin® have asked Henry Ford to
take over the property and run it.
But Henry will be in no hurry to do
so.He bought his road into Detroit
because he had a chance to get it at
about half its value, and also because
Ready Money
Opportunities always await the person who has
ready money.
Just about the surest way to accumulate ready money
is to start a savings account and keep stead-fastly building
on it.
Then when opportunity comes along you will have
capital and credit with which to grasp it.
Bozeman, Montana
Member Federal Reserve System
he needed it as an adjunct to his auto
mobile business. His operation of
the property has been a success be
cause he was both shipper and carrier
and could so arrange his freight ship
ments that they could be hauled im
the most economical manner by the
road. On no other road in the country
could Mr. Ford equal the record made
on the Detroit, Toledo A Iro nt l

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