Illinois News Index

Winnetka Weekly Talk, 29 Aug 1919, p. 2

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

WINNETKA WEEKLY TALK, FRIDAY, AUGUST 29, 1919 V lum after a great war. Tt may swing | Eucalyptus" had lots of company in Thiale's, recently sold at auction, | riap: n Adaptability. NOTHING WRONG WITH back to a low level again before it | that sort 'of blunder. A letter of Mrs. tells of her neighbor's maid coming He is hoppy whose circumstances strikes a center on the question Of : = | with a request from her mistress for | suit h's temper; but he is moré excels DOLLAR BANKERS SAY apes 209 Dileety i iag wi oe 5 {pe} 40130 | loan of "Milk and Asparagus Lost." | lent ig om . 40 Hs temper to any BC ak ne all of | --Boston Transcript. prcumsanees mame a ey he pie A New Trade Mark | : Chicago financiers do not agree | value for the dollar, and help take |g a BENE EB Ll] BENEEDBE EES Hom with Professor Irving Fisher of the department of economics of Yale University that the American dollar "is the real culprit" in the present H. C. L. situation in which the country | finds itself following the war. Prof. Fisher's statements and. arguments for changing our present monetary systems and currency basis as a means of adjusting our present economic condition are considered theoretical and academic by financ- | ters and bankers in general, according | to the statement of several of them. The American dollar is still able to hold its place and its full face value on the money markets of the world, in spite of the fact that the British pound, the French franc, the Russian ruble, the German mark and the money of practically every other nation has depreciated to an unprece- dented degree. "Bankers do not look with favor on theories for changing our financial system or of making a dollar of fluc- tuating value from day to day as has been suggested by Professor Fisher," said E. D. Hulburt, president of the Merchants Ioan and Trust company. "Someone is likely to be hurt. The best and quickest way to get back to the prewar values of the dollar, to my mind, is for the public to absorb the war debts. This is an inflation because it represents losses and prop- erty destroyed which must be rzpro- dueed again. Shortening of working hours and loss of production are also reducing the purchasing power of the dollar." "As I see it," said John Mitchell, president of the Illinois Trust and Savings bank, "the terriblz losses of property and of production during the war and the present demands that are greater than the supply, are responsible for conditions. When production gets up to normal the de- preciation of the dollar will have dis- appeared. It isn't a seurce of alarm to me how much the workingman is paid, but it is serious if we lower our production and still demand high wages. This situation can't continue. We must, all practice economics un- til production of materials from the ground and our factories has caught up with demand." "If we can get people to economize and also to take up the government's war obligations, then we can curtail the expansion and inflation that ex- ists today," said Frank O. Wetmore, president of the First National bank. "The biggest part of the federal re- serve notes are based on govern- ment security under obligation of member banks. If you can get the war obligations into investor's hands, you automatically contract the circu- lation issued by the federal reserve banks. "There is always certain to be an extreme swing of the financial pendu- N. J. FELLOWS REGISTERED OPTICIAN Eyes Tested. Frames Fitted Lenses Duplicated Frames Repaired Phone Winnetka 85 Room 3 Prouty Bldg. FSomatiing en and Distinctive ---- For your Running Board It's the last touch to a high grade car. YOUR own initial in Old English style. Knobby tread, black ground-- white letter and barder. Price $450 Each HOW MANY ? W.H.Salishury& Co. Established 1855 up the floating debts of our country." Too High to Lend Our neighbor, who has a great habit of borrowing, came over one afternoon to borrow some baking powder and 1 told her I had none. In the course of conversation she men- tioned the high price of baking powd- ers, when my brother spoke up: "Look on the grocery bill and see how much they charged me for the can I got this morning."--Exchange. "Knocked Into a Cocked Hat" The meaning of this expression is not generally known. "Cocked hat" was a variety of the game of tenpins, in which only three were used, set up at angles of a triangle. When, in bowling at tenpins, all were knocked down except the three at the cor- ners, the set was said to be "knocked into a cocked hat." By a Certain Blind Poet | .. The little girl who inquired at a li- brary for "The Four Horses in the THERE [S KD F&O0B SO GEoD, SO ECONOMICAL, AS SCHULZE'S BUTTER-NUT BREAD WHY BAKE CAKE WHEN YOU CAN GET SGHULZE'S =H IQEIOL (6) -- (3) in -- =ICEIO JOE OE: 3 I [] Ps A Satisfactory Wave Funny as it seems, it is the name given by many because customers, gives satisfaction. No Frizz or Broken Hair But Natural Soft Wave Years of Experience Leaders Makes Us Write. for Our Free Booklet 1t IOEIOE IOEIOL TOEXOETT IQEIOKE -_ a | | | | | Permanent Waving System Co. FELIX COUNE, President 30 NORTH MICHIGAN AVE, Phone Central 8714 CHICAGO. Established in 1916 OEE ORIOL OI Ok OZXOK 1030 0) 0 2 OE 308 W. Madison Street, CHICAGO Between Franklin and Market Streets Phone Franklin 5744 Also on sale at leading Dept. Stores and Auto Accegsory Supply Companies FORMS in the vention. - Vote for Him. d Republican Candidate for Delegate Constitutional Convention odging corporations. Primaries, Wednesday, Sept. 10, 1919 WILLIAM H. MALONE HE FOUGHT For YOU aganist the HE IS NOT AFRAID to tell the Corporate Interests, at Springfield. Truth, and he does it. HE WILL FIGHT For TAX RE-ELECTED BY THE PEOPLE, he Constitutional Con- Served the Pcople--not the tax- Last Nam e on Ballot Ah EE EE EERE ENREREGGEHEEESN EES BEES GER B08 EE EEE EEE EEE As We Have Claimed A few days ago we received a letter from a prominent citizen in HUBBARD WOODS, in which he said: "Kindly arrange at your earliest convenience to install a new' "Exide" Battery in my car. Upon investigation among my friends as to 'Exide' quality I fine that I can accept your claims for it as 100% Sterling." yy We are very grateful for this little mis- sive of confidence--it tends to substan- tiate our belief that we are handling the "Best Battery in the world." After All--we all agree that-- USERS KNOW. EVANSTON "EXIDE" BATTERY SERVICE INCORPORATED 1007 LOOK FOR Davis St. THIS SIGN Phone EVANSTON 1049 Ce ------------ ATT NOTE EAT For beauty, style and utility, blended with utmost mechani- cal dependability the Lexing- ton presents a combination that will appeal instantly to the motorist with a true, dis- criminating sense of motor car value. Prices $1,785 1,785 2,085 Five Passenger Tourabout Spor-tour Combination Sedan (F. O. B. FACTORY) C.M. McDONALD DISTRIBUTOR 519 Davis St., Evanston Tel. Ev. 30 NORTH SHORE HOTEL BUILDING 2 4 | i La | wu | 4] | : a) | . { | ~ | ) | = ® ' | | a | | J] | | . | a ' | | = | > | " v | | | = | | = + | - | - : ] p) » [| . nu x n N i. f J ~ | 1] i | | | { : H) 1 i | - |] | ! I . f | | | »

Powered by / Alimenté par VITA Toolkit
Privacy Policy