&SBKSSK.
FEDERM.il W
HELPSipERS
How Its Aid Dincl's Rr
turn to a Go!d Standard Bene
fits Amcric... Aanculturo.
By M. A TRAYLOR
Second Vice I -rodent American
Bankert sroclatlon.
There has bee:: no more Important
Tent for the African farmer and
lock ntua tlnce the Armlillce limn
tlitf recent return of
Great Prl'aln to a,
r !ul standard. It
. . a lon dls
i. iue from the Mon
tana farm to tt)
po!d vaults of thi
Hank of England.
but the price thj
farmer pets for his
wheat and cattle de
M. A. Trylor
pends not a Utile 0:1
that (told.
The farmer sells his wheat to tie
rlevator man and yet the real hnvir,
In many cases. Is an Englishman, a
Frenchman, a Oermnn. or an Italian.
About one-third of the what trnn I?
Usually jold sbmid and thin part Is a
larre factor In fixing the price of ti c
entire crop. Between the farmer ai d
the forelen buyer there are many
steps. In recent years the most Im
portant step, has been that at which
the foreign buver has to pay' tho
American exporter, for the Interna
tional mechanism of payment baa
been badly out of order because
Europe was off the gold standard. It
was Just as though an English buyer
drore np to your farm house, bar
gained for your wheat and drew up
the contract Put when yon discussed
payment, he said: "I'm sorry I haven't
any good t'nlted States money to pay
yon with; I'll have to ray you In my
English paper money, which Isn't
worth Its face value In gold. I dont
know what tt may be worth next
week, but that Is your risk."
A Deadly Foe of Trade I
How many would be willing to strm
contracts on this basis?. Yet that In
the way most of the world's trade has)
bad to be carried on since the Armis
tice. In practically all countries ex
cept the United States the eurrenclea
bsve had no fixed vajue In gold, bat
hsve changed In value from day to
(lay. Whenever one country sold any
thing to another country, somebody
bad to take the risk of loss because
tho value of the money might change
before payment was made. Such un
certainty of payment Is a deadly foe
of t-'de. and people were afraid to do
any hrger International business than
they had to.
Exports of food stuffs from the Unit
ed S atcj tell from two and a half
billion dollars In 1519 to elrht hundred
mflllrns In 192S. and the difficulties of
. European buyers In making satisfac
tory payment for American farm prod
ucts was one of the large factors In
the drop In the prices of farm prod
ucts. But now the recent action of
Crent Britain In declaring that It wfll
again redeem Its paper money In gold
means that British buyers of American
products can pay for them with money
which Is accepted the world over at Its
face value In gold. Wish the retnrn of
Croat Britain to the gold standard, a
majority of the countries of Europe
have paper currencies equal to gold.
How Reserve Banks H;lpd
Am-rlcan bankers have insisted In
the British return to the gold standard
by giving a $100,000,000 credit to the
Pr'-! h government. But more Impor
tant than this was the action of tho
F dcraj Reserve Banks In granting tho '
E; r.k of England material co-opera- :
tlon. They placed $200.000 000 gold at
tl.e disposal of the Bank of England
fi r two years, to be used by It. If nec- 1
sary. In maintaining the gold stand- 1
a-1 The readiness of the Reserve
I inhs thus to co-operate was an Im- 1
p r'nnt Influence In the wllllnrness of
lie Krltlih to take this all Important
tip
This action of the Reserve Banks
y is a most constructive step In aid
o' American farmers and producers
who will benefit greatly by the re
moval of this c !cn: nt of uncertainty
froi.i tli"!r export trim -..ic ions. If all
the nini of omission a ul commission
charged r.gal'ils th d- r.il Reserve
System ly 1.at:kr. bils-" nv.tt, live
took man or r:itl'nl l.bitln rsklle Irs
the last five yei.rs were tn, and prac
tically none of thm ai. the siTvIre
rendered commerc e an I Itrtintry by
the System In cimi rt'on tilth the res
toration of the gold s::i: d.ird In no
largo a part of !!: rvoril v.- i:H f r
outweigh any mts';:l:- ;-. ;.fl .,
charge of the Sj't"n nny lnvc n.ai.
No banker, b'-.-sln-ss r. r.n ;r r-ri'ii i
should permit any self icrc-.'.' ! ch
atlon by favor t-'eur.ii.-; ij.-m ,;iy.!,;v i.
iwerve him from a ! -
i'Imti t
: e-j
see that the Rvsu-ro I- m,.',n-i. :
the future welfare f il... (
Fundamentally rr ;1!M ,,.
sound end we arc . a
largo volume of Im in::..,, no llttl
of which Is due to I I - e-.H .! .1 ,
BUblllzllig effect exercised 'by ih
I'.
eral Reserve System on th" er -Km
the country. Throughout all the
of the last ftvu yi am there have be ;.
no times of el'h"r Mi'In'-n' v or p'
thora of bank credit. liati r, have n..i
along on a rather level keel nnd'ri
my Judgment have had much to '
with the stable volume of bu l:u---i
which we have enjoyed, nnd which I -fltilte
contrary to th- old experb nee
the aftermath of panics With a en i '
structure such as only tho Keibi ;
Reserve Rystem can guarantee, I f, i
we need have no apprehension but (:
the contrary sound optimism for tl j
lulu re.
longer distance man is nevtnr.v,
bringing both the. rail lines an ! t: 9
: :nllls luto an undesirable and not a
constructive competition.
I As to distance to eastern tic r-
'tela, the Southern rsici.'ie pciinU c it
I . hnt its line, - as projvetod i'r
I ninTiith Palls via 0.!in. wil'
hortcr than the livgn Trtit it i
ouiH'Ctioa with lis iMrcnt c.eniuit
o all eaatorn tcrritori:j s.iuth of i. 1
itclutling parts of Sna:b Dal.uta.
let ul a and the major part of V
oniln, nearly all of tiio I'uitcd ,iAUi
.ast of the Rockies.
Would it 'iui'dise luvcslmenl
The Southern Pacific opp.sot Ihs
comtno'i user theory, wulch ba li a
.0 some exlcot publicly pronuitej us ,i
'ncaiis of giving the Oregon Tiun'i
access to Kkmuitli Kails over l i
Natrou line of the Southern I'.ic.
: : ' I :!':
tn.-n'.s of another by use of lat c. j
Invested capital In facilities eii: tlr.n
tunblfl It to coma in wiihout c.inii .1
investment and share the Imsiaess .
'.lit pioneer line, puttirtf lt-.ol( in
,it!on ot picking or chooa.n- v.l
.art of a line or what part of f ,
.-acuities ot tu ne pntjor II tnaj iast:..
The Southern Piu-itle points out t!'...t
the Oregon Trunk has propos 1 l i
iiues. one closely paralleling i i
Satroa cutoff or iuvolvlng tho co
jion Use of the Na-.roa cutoff, win i
,'rom newspaper reports, but not fro i
my authoritative statements. It ,j
proper to say lln b:cn ap.iarcatiy
itaL.ioned: the oih.jr tlic lino otuir.j
l. wn fro:n prr.d aii-icsl to Natron la..
ff. but not j hi f ;i r but what It wo.iM
L,n. t..at line nf a groat deai e f
,r..fne. unU tl.oii at Its Sjutliern raj i
...ir.i.'.IeliLg the cvstim-.. a, us
-j.iie of the rroA'cJ.'"i;u of ti!, I
iiraaorn systeLi. to the very grojtJ
Je.rimert of the latter. j
Miould 15? t'reh tied
Viie outUera rac.f.c feel.) th.it It
.u.t; point out, as a lasia.-ss in .-..-1
tu'.iou. it ia o'j'icil to Ijok lu'm i.
to a fair re; urn .diiii;i a rt.. -,:!.i j '
t,s.;e utjon ih,i ni.ict-v n -v . . i
fi-
'7
W.'A.
BORN TAILORS GUILD
How to Select a Suit
N rNWItlTTKN law Mill Imi l In
1 1 is cnoire or a I ji i lor, never i
l.i.- fntbcr ii (id Kranilf.itlicr. and It
mui
in
to serve a fauiih fur several i. nei iilnnj
I bis linr.l umi (a.st rule w ubl n it nilt .Anierlciins, but In principle It has
Its mlinnaiii s. Tlie Le in. in u l. ci n tnllur he knows to tie rrputubta and
co lent iiinl always goe. tu him In ilil. way. the tnllur comtMi to know lit
I i. , dihiik.-s. umi Iniimiliul rc.u:reine :s r,.r littlng. ne decides In advance
ul .it ener t.v,.0 i.f soiit be wi'es , about bow much he can pay, unj
thm .ends plenty uf tin;o Iu cl..it.u the Hylo and muterlnL
A man im -t u:.Uc;s!;:uil bin nun sir...,g point uuj sliurtcotnlngs and never
!!.. Iiliu-eil to be fin i lei nnx le a s!,..e limt Is nt uieant for IiIk nnrtlcnb,.
t :!'. 'I'iie niiin nlm v. nuld lei.'.
I.u :u,-:i uf hi:. co.,t fni,. i.iot be
i-f !.c!: lit. '1 be tii ii :;.;.:) will up;
are m.: tu. is cm.
Ij'i.ill!) (.in be t.iiri) vii-il e.;
I:i nuwli) iluti.n, it is that f.-aU.
qvliiy, but In piiiiu niutiTiaN, pi
I !' !e. No reputable t.illi.r tier. ;i l
I . lit tl.ut a Willi Is only part v,
' .;'; wool" (.,n Hot Tee, .iril,v :i,.
..bin
I .1.
r le. -
I
U r
e l
1 1 !.e ithli to
. I. How ever,
n "p'lre e.Mil."
i.ii.ien to,iIs ki.ouu six k1i
i. lie in
I J eb!!, ri-HliW li it Ti I ill,.-
li.ee ibe wear-
-I.
'"t!i ihoiiM
!'. m.-.lt'tCS uf lllel.e l n- Ou'tl
'"' ! :: .-' i !!.
l e elected on (lie panic ji n -i ..)
li e style. IUtrei.ica are to b
liil.S ueiiriu'
v ; r, .:,v.y it it i
to :
.il ot i:. .n aa & . '. b
i.i .U.to i:u...;,.i; e i i :. - .
t -i a I.na t;.i ; ia u to i.i:. :.
i-'v.,t Ic.id...u-:i ul c;, ,n ;:
or if the On sin l,-.i.ik b ,
.t
w com; ,:e . v.'.ui n.i j,i
i 1.
K.:..a ii.i ex.c.l 11. ...;a!ii j
fui the prospt't l..r li.r r.-iurn
i.io.ey to Ik ..: .' J. At t.u b. ai,
i.. il all the ti.ui.i. ti.ui ( an bi il -'.:.:,..
U i.il',i,. t.i...i,n. t'lc I. r..'i',,
i '. e.i.c (".ii o:uy , .,. t:, s. It Vi !
..r,::.t ;.;..!.,, tia i.!,;i t:.v v.:
, -. s i -i i ,...:: : ii.n hy li.t r. ,.i.. ,. ;,t,.j
to. i-1 .. i.. le ' ; t: cn (;:;) i t a
n u en.iiiie r..!u:a f '-i i: ... .v ;Uv,. ,..
in. ,ii ,f J3'i ,, . ;...'i.;.'I u. ),,
;. in;, rmm uf Hm Im rit W II.,...
DANKEK3 bCLr
A blink iu Monrovia, Ind.,'tf ;.:i huw.
corn for fairnera. A ba tinent roon
'i Btted out teat s-uron for tho p-lr
poso and 23."'. 0 nrs were te iid (
liftyslx fanners. Onu-fourili ef i in,
seed teU'd but year waa uniit fur
need. Thin year the p rcent.ero wl : I
nn even hl'u r. Th-j work b if.ni..
under tho niip.-rvlf.'on of the b'rb
ne'..i,u ajrleiilfiiral te-nher. l rcpm-lr
that the community will h,.ve a u r
pin.", of need corn thli your.
Tbi; 1 anl-.a of C0nv-:iy, Ark., bn .'.
offered prizes for tli.- i,i,,,t iiiiirk'..ib'e
sweet pcilutoi i pi (-el uei il on ono i,ci-,.
of bind. A lii-Hl pilo of Jl.'iO In (if
fijred. aloi fr v illi throw !!::: i let prln;:
if $"0 nub. The conn'y iment mul
li:e liatiks lire wnrkinrt out Ibe d'..'ali:,.
Tin; Couniy liiiilirrn Anvocini !,im
v.-lll help to-Hiipioy a full titmj eninit;.-Ii-ader
tlii year for buys' nnd tjirla'
ciub worli In C:,l!rii!ii. fbtr.lieo aid
Iiuoua VLia countiea, Iowa.
spa
ti- f a.i'
Time Was When Hot
, Water Was a Luxury
heaters tuni sIovoh H'kJ
eetfiivtt appliances in n vt'Oiv o''
,i .foima have mmJo hot wnttreom
mtn-pliioo. Hut for tlioiissnds oi
ytra it was difuntlt top'li urn;
tvriircl boili cur; ntni labor.
KouiHt) ruins Iihvh jjiven tip
io.!lly a i elabor.itiEluu'iiiniIiv.
Jut niujti no hem n.ilj u lialf
.vati'r.
Tne oarlcst lio water hei.t r
known daU'3 b t,'k s )ino uv.t tin u
eii i joai-'s. Ttu't' Wii ibi nlii tui:,!
of ton R tn'ini I't'iii'ii bicnz.'
with 'a hand, by which
: -')Ul I I 0 Vlni over tll: firo
J j
1
ivi i ti i th I'jc i
f , lus. a lootai ctnU.iuT in whicii
'hot fj'da V0"- 1 ' U' I mi eh
- I , ,.' , ' ,iu'c!l ' 8
, 11 ' ' c ' -t n- ; -loot c,
tier i iijsiiiiit vrm.oi . tto.'e.
Fiance', .n ti.i tni li.lo uros .Ii
voli-ped the touil!oUi', a hoi lew j H d-tf, I la'.
c me of clay, hktf u iiiiue mill ii i'
i-ilo which ht,t ci.att'oal wai tc , ''';s " 1 H d iuniitor of
and on .op of which sat u kettio u'h' M- Mike Ii ui oof n.ai
of water. T lu-bouiilott.. achfivtd ' ""' watt, m.-ini.-.i recently at
great beauty of form tin i tinih,l),vif",,t'i:" ! Audrey CuShfottb
t the time of l otos the XI V. ho 'm 01 M.. T. v. CitMlorlli of
not even th S in Kitiw' CO I'd ttitli
, ,
KiC'ttHllltrf tatle'et.
'
i in ii- in in; i.i.i .'iie' Mill-ill 1,'im llie
ditinieiiil oriL'tiiiiled III li e lire of low.
ih- stniie :i purtlctiliirly esttsem.Nl
In I" ly In Ibe Mi,!.1.. ., ., , It wn,
K-'ti .it In have tin power of main-
i " ' bariiHiny between husband and
"If:.
Chiuvhai, ScaclatJ
Kn-'und that a man. having one made
i. li.. nfien Inlierlts this cliolca from
t uiiumiiiI for the sam tailoring Arm
, :i mold tlebt tlttlng clothes. Tba
cut und not rounded, to give on effect
s l.i. ii luoUiij If th Hues of bis suits
by tl.e price and the word of the tailor.
v tilcb one pays aud not necessarily for
n rename
uiiiiJe fiord
ty I ''rtXS . .
''ll ipleTi an
iivi.lded for
fA---.IS.KiJ '
7 -
(
I at 'Ti ,,--1
Kodak as you go
Up hill nud clow;
every vvlicrc. A;ui i!
will give a g.-io-J :ict ;
account ct tjc trip.
All bummer, y t.
us fit you out ih.iv
C;
N'C
. t h:1 r u't
I.iaI;.!; j ;!,.,. (.'ct' il.j il.c yon
want :tt cm' i'.ud k counter.
Koiltiks $6.50 tip
Dullard'
The. Kodak Filling Station
LEXINGTON LCIiOKS
Mis'H K! ro Tui'ktT wlo las
been eniplt ycii in Sali'iu for Home
inontliH pi t tifiivt'd Momiti'y
cvtiiinff foi" n visit with ri'ln'.ivt's
nud to atti nd llio Kudio.
Sam ICili iii who bus bi'cn on n
hunt in tl !!m niotn.ti inp.ro
Uiuni'd Mo: i!:iy liiini;ini a deer.
Kldl'l'd Ml'Millt'll, JlHIH'H I.rpcli
Vesta Lain Mid I'ntil Nil.cil.s
dm. i; over to IVtnlU ton on Tin n
day and ti i k in tlm' Hountl-U
.Mr. nnb'M' , Karl Wnini r tu'crm
alraniod by Mm I'Vva Shinn and
Hank Scot vi'tior totw I't npldlatiV
Jorind- U n S tMirduy.
Mi-H Wilin l and' O'nl hue
. , . . , ''
'ii.M'taiOi . ,uh the u.t V..v
t.m Atfnd Wilrok of Klltf
in i-o
lOi'i'Kon tu
I Mis lVt'iiie t'iv no I
'Id. 0 A. V.. ), In. m j
.' U'i I!ot.i
' ''1'XI"K,0M' """e 11 ' known
i , . . . , , , , , , , I
. a 1 II. r i 1 I :: 1 1 1 1 ,, li o -s for 111 T(
many iieu .irf aoalit.i-sjw hil M-, !
I . .
! ''XleKlO:i 1 I '! I -H'
I ttid 'iit MV: youiiK f
, 0 m.,ny NI1Kl ,ni
. , . , . t
I '" ""''' B- 1 l"'s"" lh ' x h ,"1
fill.'. 'It Wl l.r-i '.Ul- I i , . , i .U.llle.w
J'.nnt . tuni pi i ; ji-i i:y.
t
.Mri. K I lint do H lo.'i l-'- ii!y
min imis; fur V. nanhoc Wa-.h.
wo ii the wid v.eii w iti, n him. h
Mr. and ..r. W. J.D.ui, l.av; tc
en th el limn liiv. r i. Iii te
f.i y h-iii i . . .e intl .-it'ci.f
ttieir . .V... r. Mis..!'. W. A i
s'Hi. nirs. AiiMin s conditio. i I j 1
-;iinlit!y imjnovi d tht.tuh nii
veiy 8oriot.ii.
Jlr. i n I Mis. AM t A J..:rs
und childion, in,. I M.-i1. i.l at.i
F'Un'h and naui;!iUrs w re So i
dj v..-i:yr in Lexitvon.
M' and Mm. Ivid Kuion"' li.r. e
tt fviity talum l'.HVs-O'in m the
rrjiiit Maioi rat cn wu-r.
Mr"
Uon.-ie is pi ejiri inn tg jml in 3' it)
ucrtu of wiieut.
i Neil Winie from Uiiii ii in!
I L "xiru'onu vifithii Aiotin r. Mr
b'f liil White bud li.xce l. ii.iier's !
, K )i!eo.
I
... -
nii'-Neq Ajflxine (, Mil ry, () a! .v!
' ' ' " ' e' leav. Ml Ue ,,4.f
."f 1 5
1. 1
d'ty loattinl school a' O, A
r I
i .:
... d )'
;.' p;jftr,v;
(ul.ik vni
ctiai.-trt .'; arc
rep iianuy
. tf it di, aad a good
need a Kotl t!., so k t
ur. Kodak itum i.s ready
have tilentv ff
UrtAviii's $2.00 iij)
Pharmacy.
Lfxiiitfloit wk wei4 icpi'cr 'tiled
at l'endU'ton'H I'lUvShuw last wt rli
Amoiitf tlniMt' who ittlendoJ wvtv
1'oin Harnott, iiilpii Lin.ili,
lvulph Jai'l,;,o,i, (.!!;; l'l.ilipa ai.if
Mr. and M t . Uoo ('x.
Cal.irrlial Deafness
li o"e. euithxl le- ii it lnitiiiniM i'..iullllnq
"r tile leiii ee lining .,( Ilm 1 i, , , iu
Tut'tf. W in n Ihltl lulu. I llllii'm, ,l,
leue It rillt.t'tliiir eolllel nr liiil i I'M. t
H'llliul. I'iil.".ji llm iuituieie.ii..(l ihi,
In. iiiiuieil, jmir liimrinif iumv Im ile.
uniit feu-i-r.
lltl.l.'N f ll lllllll Ml llll IM) will
do What wo eliilm for tt I l.t ynei' n' sb m
of t'litnrtli ur livnfucss cnoaml by
I'R til llll
Holil by nit rtroifirlnts fer nvor ) Vniri1.
Y. J. t'hciiey it Co., '!'el,,Ui, Ulilo.
It Grows Hair
or yoeir
Money Puck
1 houauiu- .j i
women ar r
lug new Im.. miJ
pulling an end to
scalp ailments
with llie new 'ma
Ea method of
tic itnviit. Vn
t " L i . n i J Sculp
NIasbb k makes it
eisy to uive tUm
V-'
tM 1
culp proper tate nnd In tiv
he,.H of al.aiufent and ,'Ior.nua Knir.
I he rubber tiiiijiU ii on lb polnt
epplitnlor e. the tre.itnwnt di
retily lo iho heir touti mid ot the
Same lima Kp!)y t)iari.e ilia sralp,
Al( lioul Our muney built
VU-OrtV Irr illlinit plan. We Bive
you
, A
.'
pu.idve guaiaiiiue.
; "
t
t
M i
i
V
Tt ll" :,,
ton
t
X
f
T.
t
t
-if.
When you come la know lint your
fuel i; almost iloi.e.
It pays to inwctl .alc did prices at
rpi . . r :p'i
f
? When vot" 'Wt' : iiL
ii
? OlUl) C D J . S-
l
I
bee
I
It
Pel jTii
L..V.V
, V
IU
V
Iosk', Oregon.
4M i illi ; iiH-U
.7; -i5l nifiriirir;WUffp mi
Y.-.i V
7
I .7 .., I '
U - 4 wlnnWni fa rcacfi
4i ti m
te i Ml ti vM a teardrop torn namty
T u' 7,
J' w
ml
r (
y- a.-i'
ML
IlK-UNIVHWIlYofOKCGON
. Jlitiiiui:
TKc C'ii'.' f i( I ilciiiture, Sicnr
hi " I the Ails wall li (lrilinruts.
Tlic prulcMkwiil selioolsof Artttl
tiiluiv "'lit AllitJ Aits I'mlivrM
A J m 1 1 . i i 1 1 .Jinn M ul loii Ornd.
u ute Si nd t -.luunmliim f mw
iWcil r i Mi,. I'hym ul 'Jy.
t :'"h $ uiUif' t.A'en"loo,
I.' n mtolfjtit or enjj I'lunnuion
j u'if Thu lUitti.ttr, tniivrsifj; of
j CV.vii. t;u( tii;. Ofufun
I T..t J'.'tO V. it Op. September 24. I2S
ll'il-linra (hie In-; ie- pi ii i-r) All. I
liie- iloli!.!' mnl ni'itiniiy mul muhi
Ibei l bn y- IT tbe.v're lint tun oi l fur
tin. I mut uf thin::.- SU'tcli,
Look for f.e Ee
'i t I:. in llui hutilt of Imiklii, fur Ib.l
ii .er liiiln: of iln elii; I, ii n ; mi
'i u I ;ie I i ilnl t, cuiilll e In I ub ul
. I 1 l' Ih, in til Ih.i Ii 'en r y n'
' n Mill... HI b, , j V(. tm ,f
' II I I. II- M. - U lil.llH
'fV-'iiOrirvMK 'K H H
srmers
"A T
-1 sv ft i
x cite
- , v - ;J i V
mm
.'w :
- nd of fii-jl nt
;;lor Co.
'AC
4 J-44 IW4HfHHII
ttkVSfl
oorRnrsj was:
1 d?nh.he'cairt
ineiifliunomorr.
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