:4 TN MINE iN BOLMA..V-nw
'LCUNTRYANOTHE MAL fire
A» AMONG THE Souflévssr 5
By FRANCIS H. BISSON,
President Guaranty Trust
Company of New York.
WW AR. toopmeb
think In terms or what
W a
p
the United States
means to the rest of
.u World. It ll time to realise
Alint the rest of the world,
' i‘ly Europe, means to Ill. We
:21:va put too much emphasis
:r in-ip to other nations: we
. ' ' . understand that '0 will
: W].
l . mini-e we have sought and
~l Europe's money and men.
We need European markets
r - ' -=vrve our national prosperity.
\ * .. it is true that the United
. i: more nearly economically
.. . gl-mlr‘nt than any other world
1 ,- und that the great market
{4- msr products Is our 0“ C00!"
in, ww-rtlieless. we are economi-
M'fi rlniwnllent upon'other‘nations
v . "nu-r extent than is generally
rilrl- blond.
’ilm most patent and perturbing
».~ of reactions here to eco-
i' - disturbance in Europe is the
r. u '1t unemployment In the Unit-
smtos, unquestionably due in
Jumble degree to world-wide
quEYl-Ins. As a consequence of
Home depression and price re-
(... mi, wages are on a decline
l‘.r-i.;lmllt the United States in
pm :ivully every industry, amount-
Int; In as much as 33 14! per cent In
(-wmin lines. \
There are more than five hun-
drevl thousand Idle freight cars In
this Country, and. despite an in-
('l'l'liSt‘ of npproxmnteiy 35 per cent
in railroad rates which became et-
fecilve last September, the rail-
roads. as a whole, show practically
no net operating Income. while
T
f
s
l
l
l
,u
'1‘: Oufl TIN RATE MANUCFACTURERS.
¢\om orvta
the cost of their maintenance and
operation.
The industrial slump has had a
marked cil’ect. too. on our merchant
marine -- which, incidentally, has
cost us four billion dollars. The
United States Shipping Board now
has 580 steel vessels idle, more than
half of the Shipping Board's total
tonnage. in addition to idle wooden
and concrete vessels. It was esti-
mated recently that the big staun-
ships were carrying an average or
only 30 per cent of their cargo ca-
pacity on eastbound trips.
The reactions here of European
conditions are also reflected In the
large accumulations of some of our
principal export commodities and in
our foreign trade statistics. With
foreign demand reduced to npproxi.
mateiy mthud because of a lack
at buying pews abroad and with
men-K
"mount-:9 MUST on“ won or mm m
were mm mr mammogmf "
__—..—’
“WM 9“.“
tailed. these is cotton enough in
this country now to ml! the
tool demand for at least a year.
even it no cotton at all was raised
here during 1921.
Luger stocks 0: grain
held on (arms in this country
on March 1 this year than ‘
that date in any other year is
history. Wheatwastheonly exca-
tion.
record corn crop of last year to
maincd on the farms in Mar“.
monthanaoaarterorthewbod
crop and almost half of the large
crop of oats. There is about a two
years' supply of tobacco and wool
on hand. The bituminous coal in-
dustry is developed far beyond pres.
cat or immediate future demands 0!
domtic trade. There are indica-
tions of an over-supply of zinc.
shoes. and manufactures of leather.
ml
‘13:»
Almost half or the country's
‘ While VOPAJ’O‘I
(WI-l
it. and steel mills would seem to
aria-limo that although there is not
a surplus of finished products on
hand then is opportunity for much
layer production it latent for“!
Manna can be stimulated.
mic surplus copper. raw and re-
in this country Is utimated
at more than one billin pounds.
formerly took about halt
dour coppc, and the world do-
' upon the mind. retina-tea
and m or the United Rates
i’oritscoppcr. Yettbewhoiewmd
hagnotbeensohadlyis of
copper in years. Ind? cedit
irresponsible tortheplllngapeda
surplus.
There was less meat produced in
and less exported from the United
states in lenthaa in dtberotthe
two previous years. although con-
WCAN magnum. MN MW ‘a
mu m MOM-M
smallest in value since June. 1918.
and below the monthly average or
any year since we. Our exports
theiirst eight months at the cur-
t Iscal year were more than one
hundred million dollars less than
the wading period of the
hi year.
And let us not be deceived by our
truncations revocable trade balance
into thinking that we have vastly
Increamd the volume of our exports
during the last six years. The fact
Is that quantitlu have not increaecd
anything like values. The rise in
L." v
2.4
.i to
*9 .
.4
1
A
”nu—U var - . no no.“ ‘MM ~ ‘1 F"v;~.mv uni
on credit. and in January orthis
yearn centsout otevery dollar
wasonaeditlthasbeenestimated
bridge over the present reconstruo
tie- pesiod. In fact. that is the chief
renew our foreign trade faces the
pm eta serious decline The:
is no material diminution. as a
whole. is the urgent need and in-
sistent “and thread 2a- tlse prod-
ucts d our fields. mines and M
torias. Wedly losses to Asia-lean
manatacturees. indeed. are running
hm l‘rads financing Cu.“-
M-ud on N, La (30:9
We cannot expect to continue
Wtely to sell vast quantities
our Mas. however. unless ~
buy in retm'n commensur:
‘ Imam?“ foreign goods. For 2
id: .ths‘ period. endinl W
>Mmm0tgoldwere.
etc.- of” million dollars, wber -.
umexportsotgoldwere 14-.
than “lamina dollars. And til“
cold came room practically all over
the world inesctiemsat or trade hal-
anc- anl “I. But the world
cannot continue long to pay such
haw album and we do not need
nae gold. The only other way the
worldunmiuwhatitowes
u is in goods and services. And
To mention only a tow or our
m.mulrements—we must ob-
tain ins-guano for our steel from
Basia. India and South America:
0" tanned. must have quebracho
works. and wire rope factories must
our tinplate mauufae
-
A
our burlap‘masers must get th
Mind“; thesisalwhich is
ltisamattcotmthere-
tomthatitdiouidboserioaaty pro-
posed to acct additional heavy
tart! barflcs to such payout as
mightbemademhthe impor-
tation of tel-sign raw materials.
food products and mannncturcd
commodities. 0tcourse.thaindns-
triuotthevniudstatssmbe
promoted from W M
at impel-ts add-g Dora the in-
eenaiii. ot wages and depreciated
cat-haunt acuity hum these
cheap foreign ooets.howevor.can-
hotbederivedtromaaymnglaallr
inclusive will. i
many of them have not earned even domestic consumption greatly cur- into millions of dollars because at
e
And the dcclineiatheopocationsot sumption hue h m and 1920
T
prieasolmmodtiassincethewar
l. milled war vetcr- far announced large delegations, in-
-———-——'——
Advertise in the Sentinel
ans in the country is to be re resent~ mic New Orleans. Tu‘ n. Seattle. Emon‘. who spent a year in excava- Anions variou- othor interestins Another suit filed today was all.
ISQBI‘ED want” ed at the meeting. under ppresent 3mm- and l’ussuit‘. N. Jf‘co Mummy WIFE, tions or lost cities. articles in the Emory collection is a of Oppc'rman & Renae-y. of GI“,
pillllS. A permanent national congu- Queen Tl. the name or the bride 0! piece of romp—grass rope—similar to wich. against the'Ransek-y Confli-
. tullon will lie adopted and the organ- AGED iNVENTOR FORGOT ”5°00 Amenophia Ill. was famous in her that you can buy anymre today— tlon Company. New York City. I.‘
‘ initinn “ill be incorporated under a NFWARK. \. J Jun. 3_w““'“m time through the fact that the King. only this piece, perfectly preserved, damages of 820.000 to cover an ~ .
‘ lilitiOllnl charter. Permanent iiation- Gieith an ngp‘afiuammr “'33 lived in In marrying her, dolled the world by was taken from a tomb after reposing ed unpaid debt of 816.900, m \
' .ll headquarters will be selected dnr~ ”opp"; for nine “.3“ {émpning that choosing a bride for love. and thereby there sown-a1 thousand years. There since May ”I last; t
int; the convention and a national cm- hp had $95 000 credited to his account disregarding royal traditions. Shé was are also bronze trinkets. email tools 18118“ Price. 59" York CRY. ‘
hlmn decided in on. A national rltu l .- 3 ‘ . 9 . . considered a uoman of rare. lit-duty. guild weapons. and many jars and filed slit versus 8. Kuhn. Brid
' p a With ”It I'ldt‘lll) Trust company of ’ . " for 8'50 t cover 'll'i alle (d do“
iv 0‘1GC orzzinizution Is to be framed. Newark. Her son. Aiueuophis I\. ahnndnuul Mines. ‘ .. . 0 ~ g 1
V The convention it: expected to bring (lirih now anxiously awaits the me the gods of his fathers and huilt alters L Sill).
‘ tom-titer the inrgcst delegation of dis- cision of the vice-chancellor a:- to to a new god-_“ om- God. 330.000 DAMAGE 8111‘ in mm The president and directors of ‘
lax _\ lupics of Vital In- uhled wm-Notorano ever assembkld whether or not he can’ draw the ATLANTA. 0a.. June s.—'1'he mum- I'Zhe‘wrdzlrtecoivedl lint-1:202:41;- Gegrcgsgflpmgigzglmdgun. arghugtgdczfifaghxwggf a
t v ' .‘ v ' v I r . . ' - n 0 Gun |_' . ’ 0 v ' ‘ . ‘
n to w ounded Ex- L’:.“.3“2}.‘°.: w M 3.1":23'13321 iniiimtdi...‘ ‘2; mists:.2‘::’:“;;1:‘.m°n.:°r;:. to: tag... We .. m. w... ...... am mm. m... m... m -
[50?!» .. . “'ill Be Discussed M..(.‘..‘U‘.: “513:; 3113;332:523“ the latter is losing Upprcu. an lulo—tnnphls 111. who died about 1420 n. C.. geni‘nabifiza; :1“ whisk; a Bulging- It‘lllnpsgg‘otlfirbg. pliant-“110:: stiflehazigrgzl‘u: $9 agar-r3: I!
" . - n n w amos anions eel! . . -. h.-
al‘ri' dimes Adopted “WW? "'0 speak"! of national rep- "0""? ,de'ler' Wh° decmmi ”‘0 "t'njfi'tEmm $323113 i1;"‘3;',‘;“$ in orde‘r that they might be preeerv- 'torcycie was struck by the detend- ter of Brocklyn. N. Y. It 1- nil-II
- ~__‘___ uintion “ho will address the conven- 112:9}(“2‘32 $3:“?§d5gom?na 311?k.ndi?ho inrge'foirifstltutions of the'Metho- ed through the ages. Scientists so far ‘ant's automobile. Damages are ask- that land in Greenwich was doe“-
in .., . 1 . 3 . 1H9”; liq It?! \V- hunk-“1' director .0: the :hlch was raised to 826,000. No one dist Epicsopai church. South. The have translated only a few words on ed of £3,600. Jacob l'illan in a fraudulent m
is: ‘4 ‘3 ' ”HF, 'wlleé- tiriof‘l i “(Tut oiu‘ocuuomu mum‘ was arrested or accused at the time mummy. together “'1'“ “"10" ‘ car- this ““3“" “w'dmg'm’ D" Shelton.
a} In! (l. milled ilt‘lW- “(.1 .inli I . ., vummlngs. Surgeon Lho check was deposited. It was load of priceless records. “. brought Only “.0 oih(r- similar tablets. buried
.» . ‘ ’.;','2;“‘:Om§:fg:' fixfif; q?! ”‘31“ :1? gtflllsgte’u 8: ‘32” learned. and no claim had previously to this country by Dr. w. A. Shelton. by ancient kings. lune been discover-
,..,7. - . . .. w ", ' ' inc 8- '
‘3'" v . uml: insurance, pital needs. beggieenitgiggtnr suffered ‘ loss of professor of Seinlilc lun‘u-IZ‘W at ed: it ‘3 said.
: , mul treatment. ‘Oillcials of the organization‘s rig; memory several years ago, And lost 1‘
k erus. “in be tionul executive. bonrd announcelal] track of the account until his at- .3
I, ; tic first nation- Cleveland and Buffalo will send ap- I tentlon was called to it by a clerk in - - ‘
""\ ."\\I-.‘,P}"il'1{{3.rAflegé projmuufl’.’ 200 “195mm each t° 3 the bank. HParluga on the cede will ' l
M. ‘ M- . mu ting. “hile Cincinnati expects to be held June 20,
1 n .. inclusne. send 100. Other cities that have thus 2 i
l
Hang on to it,
“‘77“? GEHEBE 'E y! '
- )_ S PROMPT 3 . .~
&.1 ELIVER . - - . .
L n". HERE 'F "a "098"” D Y THAT’S what we say to you, Madam. Hang on ‘to every cent - JUNE—It’s a busy 8988011 for Camels—the
.
. that is not a necessary expenditure. Buy your supplies at a Van
'Dyk store and you’ll find that you have much more to hang on
to, at the end of the year.
night shifts are working!
IN THE spring a young man ’s fancy my lightly turn but it
s_\'l‘UR[)AY NEWS SPECIALS FOR,THRIFTY FOLKS
.‘u—u-‘nb
.._..~.-*.
s I . li ht ' 9
h-..» .m ALUMINU8 ears suALL' sAnoame wun aouens 2': The Van Dy“ 93““ “fly m“ °f the“ a" 1°": °n ("any ' . mm“ ”rim m June‘ Summer evenings—moon g on g- ‘- ’
( . 7‘. sauunpans, Pineapple Eyere ,_ _ _ ”a, Na 3 gm, copper bottom and i . and short on price. i w.mrwpmqmty_enga¢ements—weddings. _ .. 2%
' 1'_ quart. and 4 quart """"""'f heavy tin side; . '
l . g. _ d. 29 Strawbrry Halters 123.133.... 50 “-93 value at -- . -_ ”’7 . m Fhe“ Grown 3a 1h. a ..
. ..-.ooo-a..,..e eooaa_ae_-o.eee.. o _ - . .
‘ a,“ Luck in film .-.- , i. DUCHESS COFFEE . . . .
P z .r) READING LAMPS 3 dozen for .....-..‘l‘,u7.'.-rr. 25¢ GLASS WATER PITOHEM Q I A scientific w d til. host 00.993 to live 3 1‘ 0 a '1
L,” h shade and chimney Round Potato Scoops ......... 36: “e Colonial style, z-quart also mam m-VQVFJWT- 3 nil .~ $109 ? ' ' .;
._r~ .e ...... “m..-” Staci momm- cleaning Aluml. at one “‘9" - addingprcse 'dal It vou’re uzsllng as to will“
\ hilt", ”ck... .oa'oooo-so-Iaa' “thaw at) e . ' p ‘ '
. DIM-aura Mos-hm om”, “ch ac suanaa‘r GLASSES For An Ice Cold Drink—dry Our give, this alves your problem. ‘
" v light. .had holder _ . . Attractive shapes - “cm _
r .- . ‘ my 220 3011830 Pl. 'cflm Volssosa-esot‘“, ”‘cc‘ m, m o' .' ““umy .’..'.w..7“ Q'fligme‘maflisxd} am an out W ulmple will wt ‘0“ m Beleefing, fl
a;* 3‘ .125 2;” M:£:"°"”f‘"'” ,7. mm mm 'g' l! you'llbo pleased at the carefulness of our service. The reeogh
, 7"“..1."_. W ‘ .
A: ~ mom TEA KETTLES 10¢ 5&1. «om. m 37m°"'..",5¢'£‘,§u pm m Trial “ you mm m he" ‘00
;:_.,.»(h.;u.lr make’ 7" 7W 5“ WII- 0 rolls for .........—.- 190 l wommmwm‘m SM 1' ‘ Jun “1118‘, Now On Sale 2
3:" " " “' “C’Y . . in the stone. . I ' .7 ;.
' . “ f ......... . .i:.. w ' “101‘" r k
up.” _ a can! a::muamm DIPPIR algae-mama's l "a“ you I a: m , {K .
( (MAL CANS AND covzn‘ 3“ Vt.“ II oo‘oeToo-‘o‘oo‘ooO'oo a SIG VII". II ease-oaooseo‘o‘uo'a‘oo 2,7. '3 t ”flmumum‘m
4 3. medium family 8120
“m3“ '
Weiss
WELSBACH GAs MANTLEO ALuum'uu annual-m
“M with wooden hallo
0“»W
a
. 5
wan—on 1.1. ”%”nwv fl
l'li’o- {ted Ol'
uri
15cat3fo p alt
r I...“
. “I
l o .” ,. w“ . p y .‘ 13m ” ”. .",__,,,,,....... ..... ....,.
a .2 ...........ar.. ’HOTPO'NT SLIGTRIC moral ’0"!!! Pore -l f ~ “g _".:T:m.....m...u...............-
. (tr/“FEE PERCOLATERS cenmloto .wtih 11‘ “it ”at” M l g ' ' ' '
‘3. H Aluminum, 8 cup “30 - ”0% ”ah“ ‘ nosed-ocean"... ‘7. l 3
ac a. ..o-...o'a-oo.m “a. ”“l.' ruec‘oooslo......!.fi ', - n ‘ g .3].
‘ W I!“ . a":
i.
RC’JL Jr
25 WASHIN
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Norwalk Chronicler