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“Are you going to make any?” asked Ruth. She was talking to Jack about New Year resolutions. "I sure am,” anewered Jack. “I’m going to help mother more than I did last year.” “I know what one of my resolu tions will be—l'm going to tease Uncle Ted for more stories than ev er before,” replied Ruth. “Oh, you are ,are you?” called in Uncle Ted from the next room. “Didn’t know I was here, did you?” “No, I didn’t. Uncle Ted,” said Ruth, running into the next room, with Jack right at her heels. "Please tell us a story now. We’ve played with all our Christmas toys and all the games we know. Mother won’t let us go outside again this even ing.” “Speaking of New Year’s Resolu tions,” hpgan Uncle Ted. “reminds me of a resolution Congress and the republican administration have tak en in Washington. You have heard me speak before of the big debt ow ed the United States by a dozen countries in Europe. It amounts to something over ten billions of dollars, and on practically all of it not a dollar of interest has been paid for over two and a halt years. If we add the interest that is now due us, the total would reach to eleven and a quarter billions. “President Harding promised while he was running for election that he would do everything in his power to secure the repayment to our treasury of that huge amount. In his address to Congress on De cember 6th he laid stress on the mat ter, and asked Congress to grant him all necessary authority to make agreements with the debtor coun tries for the payment of interest and the principal. A bill has beetx in troduced, and will become a taw very soon, that creates what is known as the foreign debt refund ing commission. The Secretary of the Treasury will be its chairman and will direct its activities. "I speak of all this as a New Year resolution on the part of the govern ment, and really it is just that, for the New Year will mark the first effective efforts on the part of our officials at Washington to bring that money back home. For two years after the close of the war the Wilson administration did not think it worth while to safeguard those loans, and the pressing necessity of making im mediate changes in the internal tax laws did not give opportunity to the Harding administration to take up the matter in the special session of Congrese last summer. But now the collection of those debts will be tak en up in earnest and not put aside until very definite arrangements have been made with the debtor na tions for the payment of what they owe.” > “Freddie says his father told him,” broke in Jack, “that although Congress told President Wilson to loan money only to those countries that were with us in the war against Germany, he turned over hundreds of millions of dollars to nations that were not heard of during the war, and even loaned about a billion and a half dollars after the war had come to an end. Is that so, Uncle Ted?” “Yes. that is all very true,” re < plied Uncle Ted. “All of those facts “ came to light during the hearings on the foreign loan held before the ju diciary committee of the Senate. Not only that, but there were many other things done by Secretary of the Treasury McAdoo and his suc cessor, Mr. Glass, that were not au thorized by law and were contrary to the most simple business prac tices. Just let me tell you of some r of the facts discovered by the com- mittee. Referring to what you just asked me. let me read this from a memorandum prepared for the committee: * ” ’Approximately <1.500,000,000 was loaned to foreign governments after all hostilities had ceased This money was raised from the Ameri can people by Liberty Loan drives and taxation and was authorized to be used for the purpose of the pros ecution of the war and loaned to governments then engaged in war with enemies of the United States. Treasury officials were aware of the fact that they had no authority to make such loans after hostilities had ceased.’ “Official letters are on file with the judiciary committee that prove that statement, and show that Mr. MCAdoo and his subordinates in the treasury deliberately violated the law of Congress and used the peo pte’s money in a way for which they had no authority whatever. “Here are some other facts the government found out: Millions of dollars worth of food purchased with our money loaned to foreign countries was sent into Germany while we were techincally at war with her, and Mr. Wilson and his advisees gave their consent to it. Supplies worth <48,000,000 were sent into Austria while that country was our enemy. Millions of dollars of the loans were turned over by foreign governments for various re- Ilief and reconstruction work, in di rect violation of the act of Congress. Much of the money was loaned to enable debtor countries to use It in the payment of interest on sums previously loaned. The expenses of the Russian and Liberian delega tions to the peace conference were paid with money raised by Liberty Loan drives. Czecbo-Slovakia was not a nation until June, 1919, eight months after the close of the war, but huge loans were made to her, nevertheless. Three separate gov ernments in Russia were given mon ey from our treasury, but they have •II disappeared now and there is very httle chance of getting the money back again. The treasury officials A rill ir -22 he 08- r / s. ? New Years Eve Dance Seven Piece Orchestra UNCLE SAM’S NEW YEAR RESOLUTION (X)NGRESS TAKES ACTION LOOK ING TOWARD COLLECTING IMMENSE WAR DEBTS under Mr. McAdoo were making loans while at the same time they were discussing the possibility of cancelling all the loans. "I might say more, but what I have told you shows the tangled mess Into which Mr. Wilson, Mr. Mc- Adoo and their subordinates got the foreign loans, and the reckless man ner in which they threw the people’s money about. That is the situation the new refunding commission must face at d straighten out, if the tax payers are to get the money back again. You can depend upon it that on New. Year's day, 1923. our reso lution of this year will have borne fruit, and we can look forward con fidently to receiving big payments from abroad with consequent light ening of the burdens o' our own tax payers.” RUBEL TO WRESTLE Charles Rubel, of Laurena, and Frank Stearns, of Havelock, will wrestle a two out of three fall match at Havelock on the night of January 2nd. Two wrestling and four boxing bouts are on the pre liminary program. This above article will be of in terest to local people, as Charles Rubel, one of the principals, is a well known Audubon boy. the son of Mr. and Mrs. Peter Rubel, of South Washington street. ■t TRADE AT HEADQUARTERS 1 —IT PAYS. Pre ■ Inventory Sale This will be welcome news indeed to those who have waited to make their purchases of read-to-wear or of other standard winter merchandise. Before we take our inventory we are determined to sell every piece of fall and winter merchandise regardless of values or cost. If the prices given here sound ridiculous to you see the goods before you decide it isn’t possible. LOT I— One lot of Ladies’ Coats that, we have carried too long. They are warm, comfortable and service able. Draw your own conclusions about their value, but until every one is gone, your choice for LOT 3 —One lot of Skirts in both silk and wool that LOT 4— A few Fall and Winter Suits out of the high- sold at prices ranging from sls to S2O. While they est grade garments we have sold this season; trimmed v m beautiful fur They have sold as high as $125, now last, your choice for Your choice for Your Choice of Every Other Fall and Winter Suit or Coat in the house SWEATERS — About a dozen Sweaters that will go at BEACON Bathrobe Blankets — Size 72x90, all in very ONE-HALF PRICE. desirable colors. To close them out, each $4.98 SILK PETTICOATS— A good lot to choose from at BEACON Comfortables— ln beautiful patters, you ONE-HALF PRICE. know the regular price—now they are $4.98 FURS — Any Fur Piece in the store—now at HALVORSEN & COMPANY THE AUDUBON REPUBLICAN, AUDUBON, IOWA, THURSDAY, DECEMBER 29, 1921 a********** • LOCAL AND PERSONAL • Good show. Crescent, Friday. One furnished room for rent, in modern home, close in. Rhone 486. Ren Phelps returned this morn ing from a few days’ business visit at Manning. The Crescent Theatre is putting on some good shows all the coming week. Don’t fail to atend. C. F. McCrystal claims January 18th as his sale date. Look for his bills which will be out in a short time. The Misses Fifi Goldstein and El sie McLeran entertained a company of friends at the W. O. W. hall on Wednesday evening. The diversion cf the evening was dancing. There were quite a number of Christmas parties in the city last Sunday and among them was a de lightful gathering at the home of Chas. Priestley, who is making his home with his daughter. Mrs. Erv ing Johnson and her busband. Cov ers were laid for 52 guests and a great dinner was enjoyed. The aft ernoon hours were spent in a social way, the guests lingering until in the evening, when a delicious lunch eon was served, after many of the guests bad returned from the Meth odist church where a Christmas tree and program were given. r _ h nr — ii ir n -—] Halvorsen’s Annual ,» Four Big Lots of Ready-To-Wear SI.OO $4.95 ONE-HALF PRICE. All Ladies’ and Children’s Kimonas and Bath Robes ONE-THIRD OFF. At the Armory L. P. Reeve and family returned yesterday from an over-Christmas visit with relatives at Hampton. Boise Sorensen is taking a week's vacation from his duties at the Cur tis Cafe and spending the time with old friends. Dan Kerwin, who has been visit ing his mother, Mrs. L. Haubach, at Austin, Minna over Christmas, returned home yesterday. Mrs. Dora McNutt and son, Lee, of Atlantic, arrived in the city today to spend a few days at the home of her sister Mrs. Marshall McNutt. It has been decided by the Amer ican Legion Auxiliary to hold the balance of their winter meetings in the afternoons. The next regular meeting will be held Monday after noon. Jan. 2nd, at 2:30. Mrs. A. M. Currier entertained a number of lady friends at her home on Church street at a bridge party yesterday afternoon The social af fair was in honor of her daughter, Mrs. Frank Drake, of Newton. The out-of-town guest was Mrs. D. D. Drake of Des Moines. Mr. and Mrs. Frank Taylor of Panora, and Frank Mantz, of Straw berry Point, arrived in the city to day to visit at the parental S. L. Mantz home. All of the children are gathering here to attend the celebra tion of the golden wedding of Mr. and Mrs. S. L. Mantz. which is to take place on Sunday. V 2 Price Saturday, December 31st LOT 2— One lot of Dresses that we are placing rack to go at a small fraction of their original Included are some tricotines, tricolettes and Your choice for SATEEN COMFORTERS— PIain with fancy borders, $6.75 values- now $4.00 ««****•*«*« • LOCAL AND PERSONAL * J. W. Richards was in Council Bluffs the latter part of the week. LaVerne Hansen came from Grin nell the last of the week to spend his holiday vacation with his par ents, Mr. and Mrs. N. S. Hansen. LaVerue is attending Grinnell col lege. Mils Beulah Reed and Miss Anna Wilson were passengers to Des Moines yesterday to spend a few days with Miss Eva Smith, a former kindergarten teacher in the Audu bon schools. Miss Wynona Farquhar, teacher of violin at Upper lowa university, came from Fayette the latter part of the week to spend her holiday vaca tion at the home of her parents, Mr. and Mrs. Arthur Farquhar. Miss Leona Deitz returned to Des Moines Friday after a ten days stay In the city, training the class of con testants in the declamatory contest which was held at the high school auditorium the latter part of the week. Henry Wonsmos went to Halbur the latter part of the week to look after some business matters before returning to his home at Remsen, where he recently located on a farm after resigfnihg his position as one of our rural mail carriers. $7.95 $29.50 Benefit' of the Band Winter top for sale at cost.. Tel ephone 378. Miss Austrid Jensen and Miss Tilda Schmidt went io Lorah yester day to visit a few days at the home of Mrs. C. L. Hansen and family. Mr. and Mrs. P. J. Hoovel and son, of LaCroese, Wls., have been in the city the past week, guests at the home of Mr. and Mrs. Bert BcLeran Mr. and Mrs. G. C. Carter. motor ed to Omaha Friday to meet Mrs. Harriet Stoots, of Ardmore, S. D., who will make an extended visit in Audubon at the home of her daugh ter, Mrs. Amos Fancher and family. William Randolph and his sister. Miss Arlene, came from Rockwell City to spend Christmas at the pa rental D. W. Randolph home. Wil liam returned to his duties as man ager of the Standard Oil station, on Tuesday afternoon. Alvin Hart who IS working with a surveying gang in and near Coun cil Bluffs, arrived in the city the latter part of the week for a holi day vacation with old-time friends. Alvin likes his new position and from all indications is thriving. Mrs. L. Dee Mallonee and sou went to Glenwood the latter part of the week for an over-Chrlstmas visit at the home of her parents, Mr. and Mrs. J. S. Chamberlain. Mr. Mal lonee went to Indianola at the same time to spend Christmas with his parents. TRADE AT HEADQUARTERS on the value, silks. * LOCAL AND PERSONAL ♦ Winter top for sale at cost.. Tel ephone 378. L. L. Ryan was called to Atlantic today on legal business. Northup Bros, shipped a car load of hogs tc Cudahy, Wis., y?sterday afternoon. Mrs. Joe Johnston was a passen ger to Manning this morning to con sult a specialist. Mrs. C. J. Stemm, of Menlo, is in the city, a guest at home of her parents, Mr. and Mrs. J. A. Cosine, for the holidays Mr. and Mrs. Charles Larson have a new son at their home eight miles west of Audubon, who arrived there on Monday night. J. Z. Wright, who has been buy ing seed in and near Cedar Rapids the past week or ten days, return ed home yesterday. Mrs. Geo. Wever is confined to her home with the grippe, but at this writing is getting along as well as could be expected. Miss Ruth Neff, of Walnut, ar rived in the city yesterday for a week-end visit at the home of her friend, Miss Leola Ellis. Mr. and Mrs. William Roth have a new daughter at their home, who arrived last night. Mother and the little babe are doing nicely. Lee Rubel, who has been visiting at the home of his brother. Charley and family at Laurens, la., return ed home yesterday morning. Albert Phares returned to his i home in Atlantic Tuesday after I spending Christmas at the home of his son, Earl Phares and family. Mr. and Mrs. Hans Hansen, of Colfax, arrived in the city yester- * day for an over-New Yesr’s visit at the home of Mrs. Peter Heigaard. Miss Gladys McLaughlin, who is i working at the Harback Funeral Parlors, in Des Moinee, was home to spend Christmas with her father and sisters. Mr. and Mrs. George C. Everts drove overland to Anita Tuesday to spend the day at the home of their daughter, Mrs. Harry Williamson and family. Mr. and Mrs. Sherman McMurphy, residing twelve miles southwest of the city, are the parents of a bright baby boy, which anrfved at their home last week. Miss Sudie Rucker, who is teach ing a rural school south of Elk Horn is lu Audubon spending her holiday vacation with her parents, Mr. and Mrs. Wm. Rucker. Mr. and Mrs. Charles Jacobsen re turned to their home In Atlantic on Tuesday afternoon, after an over- Sunday visit at the Mose Knudsen and Oluf Jensen homes. The Johnson Grain Co. shipped two car loads of hogs.to Valley Junc tion Tuesday afternoon. F. O. Nik lason shipped one car load to Das Moines the same afternoon. Miss Pauline Glass, of Chicago. Miss Fonta Glass of Atlantic, and Mrs. R. P. Dungan of Omaha, spent Wednesday in the city at the home of their sister. Mrs. J. W. Budd and fars'ly. Cal Graves and wife came from Craig. Mo., the fore nart of the week for a visit with his brothers and at the home of her father. O. Kennels. They have not been in Audubon for several years, and are having a very delightful visit. Mr. and Mrs. T. A. Moore and family, of lowa City arrived in Au, dubon the latter part of the week for a visit at the home of her father. George Northup. Mr. Moore re turned to lowa City Tuesday, but his family will make a more extend ed visit here. Henry and Theodore Henriksen, who have been in Audubon the past three weeks visiting their mother, following the sudden death of their father. Chris Henriksen, returned Tuesday afternoon to Van Nuys. California, where they are engaged in business. Miss Alice Taylor, of Panora, who is employed in a millinery store In Des Moines arrived in the city Sat urday to be in attendance at the golden wedding anniversary of her grandparents. Mr. and Mrs. S. L. Mantz. which will be celebrated at the Mantz home on Sunday. Mrs. Jake Ldfoy and daughter, of Gray, Sask., Canada, who have here on an extended visit at the home of her sister. Mrs. John Roth, Sr., departed Tuesday for Minneapolis, Minn., where she will visit relatives a few days before continuing her Journey io her home. Miss Hazel Welsh returned to Des Moines Tuesday afternoon, after spending Christmas in the city at the honth of her parents, Mr. and Mrs. O. S. Welsh. Miss Hazel has secured employment with the lowa Corn Belt Publishing Co., and ex pects to make Des Moines her home for the present at least. A family reunion is being held today at the home of Nick Jensen, two miles southwest of town, who is living on the old home place estab lished by his father. John C. Jen sen. Mr. and Mrs. Jensen and fell of the children at home comprise the party. Their son, Richard, who is working in Lincoln, Neb., is home for the holilays. and he is the only one away from home to enjoy the gathering. The Misses Grace and Ruth John son entertained eleven of their lady friends at a two-course dinner at their home on Tracy street Tuesday evening. In the evening the party was augmented by the arrival of eleven young gentlemen friends. The evening hours were spent in a social way. At a late hour the guests returned to their homes, vot ing the young ladies right roye.l en tertainers. Dr. K. W. Stouder. of Ames, was in Audubon county last week and talked to the farmers of Audubon, Extra, ( Hamlin and Cameron town ships on Live Stock Diseases. He was greeted by good-sized audiences at each of the meetings. The speak er was well posted on his subject, and his talk was of much interest and value. He returned to Ames on Saturday morning, where he is con nected with the agricultural college, *' 1 X '■