Sterling Standard from Sterling, Illinois on October 17, 1928 · Page 3
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Sterling Standard from Sterling, Illinois · Page 3

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Sterling, Illinois
Issue Date:
Wednesday, October 17, 1928
Page:
Page 3
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Al>crat And Pft-ptr Mousy » !nt*r»*tingr *fi«ew»w! st th» t,h«> Rotary dtjft TamAmy by F. Me-Ow, ussJJstsst msMtt' of th.. . of mrtww khtrfa of eoim and Wlls, explained th»!r o* them w*r»! In the of Dr. eh»h W. H, FVrry. rir* eJ«b. pmrfdrd at t ta th? absence of dent Ctenent Hey, wfta is tn« th« national dairymen's cen- ventton *t Cleveland, Oh!o. Visitors at the meeting were Arthur Kimuer of Atlantic City. Csmri Kniiwr of Mtislresron, Mich., and Rev. C, M. Irwlsi of «h« Presbyterian church, Announcement wns mads of the iRdies* ttight 6:30 dinner of the Bo- twrr das at Ure Elks club next Monday evening. At thfl start of his talk Mr. Me CN» saw that people taws- R great deal about the c!0th?s »nd other merchandise they buy ^-ith money. how the articles are made, wlmt thiry are made of, and various details coiicemJng them, but most people know very little (Uxrat ths money they buy ffierchaudi»c with. That is because money is a medium of exclmnue and is of no use by itself. In round numbers the United SUtes has more than $10,665,000.000, of which over $4,000,000,000 Is held In (he treasury and the balance In federal reserve banks and agcnta and in circulation. Abauot $5,000000,000 is in circulation. Plmirts compiled a year ago gave the per capita circulation as $41 35. The gold coin and bullion amount to $4,581,829,381. of which about three and one-half billion Is held in tb» treasury to secure the paper! currency secured by gold, dollar for! dollar. AL F£BSI7AJ>8& BHMk—Rtere « rtwn who will |»sptrrt!R« hi* h«»!th by msiMttt Wi« c*rrrpaJgn for of Ntw Tork «tate. Tes.n» Prmrsklta D. Rw^evelt wm,s crip- by fnfftnUIe pan»?yste. His phy- at Warm Springs, On,, wh«r« he stjii i* recuper»Ung, •w«rn«<J that h« might never v«at again if he took the nominnlton by Oovrrow Smi t-h snd party leaders »t the demoerstfc sUl conrentfon at Boch^ter, But Klni!* of Bill*. We hsve seven kinds o{ money; gold certificates, on« and one-hsiif billion, secured by gold in the treasury; silver certlfjoites, about 470 million, secured dollar for dollar by silver dollar* In the treasury; treasury notes of 1890. about one and one-half million; which arc redeemed by silver dollars held in the treasury, and not reissued; United States notes, W46.000.000.000. re- cured by gold reserve Of about S15S,- 000,000.000; federal reserve notes, about two billion, which are obligations of the United States and arc a first lien on afl assets of the issuing federal reserve agents of a like amount of sold and such discounted or purchased paper as is nellRtbie under the terms of the federal reserve set, federal reserve banks being required to maintain a gold reserve of at least 40 per cent of the actual notes In circulation, deposited with the United, States treasurer; federal reserve arid ere not- l^r^l Half rto'lsrs, quarter* »r»d to S50. ni>cfc1e«. onp-csnt piece 1 ? sre leenl tender Ow Bill*. The following portraits appear rm billa of different denominations in th* series of 1925: Washington tl. Jefferson $2, Lincoln $5, Jackson $10. Cleveland $20, Orant $50, Franklin $100. Marshall $500. Hamilton 81,000, MadLson $5.000, Chase $10,000. At the conclusion of his tnlk, Mr. McOeo answered n number of questions concerning money. He also explained how Nat.iorml bank notes Issued by local banks arc kept In piles when they nre redeemed In the United States treasury, and new- notes are issued to the bank, with ft certificate of destruction of the old notes. Mr. McGee told a little story con-.; ccrninR credit at the close of his | talk. A young man asked to borrow ' $100 at a bank, saying he had no property but n good Job. "But suppose you died," said the banker., 'how could your good job pay thej note then?" The young man thought j a moment and said. "Well, if I 'Wheelock f $ "The Safest and Best on the Market" is MRS. DOROTHY LOUDON'S opinion of the EASY Washer new wnn W&SMER _ FASTER EASIER Here is the washer you have been wishing for. No longer need you worry about the old button-smashing, wrinkle-pressing wringer. The latest EASY Washer has a better method—damp- drying. You place a whole batch of clothes in the sepa- f &te damp-drying tub—turn a lever and, behold ... in less than two minutes they are ready for the line. The damp- drying tub works while the big tub washes . . . two operations atonce! No more w*ter to lift or carry! A tiny, trouble-free pump does it lor you. These are but two of tht startling improvements oa the new EASY Washer. 8*Itim! at our expense. Let one of our demonstrators do your ing in your home. iftty 1U things you will like best obotU the EAST DamfrDryer 1. Safe—no exposed moving parts. 2. Operation simple and automatic. 3. Removes water more gently than most delicate hands can. 4. No strain on fabrics—does not crack silk or rayon garments. 5. Leaves blankets and woolens fluffy and unstretched. 6. Breaks no buttons or metal fasteners, 7. Takes out more water than wringing does. 8.* Leaves clothes evenly damp and free from deep, hard creases. 0, Makes ironing easier. 10. Damp«dries the difficult pieces —overalls, sweater^ comforters and even pillows. GfsW, coin'; *re $3.50 qtmrt 15 h*!? e«4iSf*, *10 <*!*?}?="? and 170 doublff wn.Rl.es. The gold dollar has discontinued. Mr. MrOes a p>Sd 25 cent, p!ec« and a gold haU dollar coined us souvenir coins for special purposes. Paper currency Is printed In sheets and the bills are cut, apart. The stock has two rows of silk fibre, rrti ant! bhic inrorpOTRtfd in the body j of the puper in the process of man- ' tif»cture. These rows run vertically ; In each note, about two Inches from c«ch end. 'on please OTTO Y. Ve Revived that Mouth-Watering, Old-Time Peppermint Flavor You Remember as a Youngst To the Public: the man who developed the largest selling 5c candy bar in the world— Baby Ruth, So I think I know exactly what the sweet tooth of the nation wants. Fm an expert in flavors. I'm a crank on quality. I spare no cost to make whatever I make the finest that men know. In my Baby Ruth candy bar, for instance, I use $1 a pound candy ingredients in its making. Tremendous sales only enable me to sell it at 5c. Now I'm staking $1,000,000.00 on an idea . . . on an utterly NEW-TYPE of chewing gum, 0 As a favor to me, will you please try a package of Baby Ruth Gum today? I believe you'll find a real surprise in this different NEVWTYPE gum. This is why: S. E. Wheelock, Rock Falls Revived That Old-Time Peppermint Flavor I'm staking my money on the idea that what you want isREA-L PEPPERMINT FLAVOR in a gum— thit old-time peppermint flavor you remember as a kid. No othar guo».tQday has that flavor. It costs $6 a pound to get thaHdndtif peppermint flavor. So, in the rare instances it is usei chewing gum makers use it sparingly. I've gone to the other extrema And use it freely. To get the real thing, I have that pep* permint grown especially for me. I believe if you'll taste it, you'll never again go back to less full-flavored gums, That's why I'm staking $1,000,000.00 on it 3 Times Longer Lasting Flavor V That flavor is 3 times longer lasting. Thus ft keeps the breath sweet that much longer. It is, too, three times more beneficial on the digestion, doctors tell me. But those are serious things. The main idea is to taste this gum-—not for the way it acts on breath or digestion, but just for the fun of tasting again that Old-Tim© Peppermint Flavor. Ask for Baby Ruth Peppermint Gum. In the first store you pass. I believe you'll be glad you tried it O#o Y. Schnermg

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