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Boston Post from Boston, Massachusetts • Page 3

Publication:
Boston Posti
Location:
Boston, Massachusetts
Issue Date:
Page:
3
Extracted Article Text (OCR)

HOT DISPUTES OVER FARMERS Gov. Harding Resents Questions and Defends Opposes Special Plans for Farm Loans BOSTON POST. SATURDAY, DECEMBER 4, 1920 Hindy Tells Arthur of lum Island to Go and Get a Reputation WASHINGTON, Dec. congressional joint committee hearing on the agricultural situation developed today into a dispute, at times quite heated, between Governor Harding of tr.e Federal Reserve Board and members of Congress. Chairman, what is the purpose of this Governor Harding finally demanded, while being questioned by Representative Byrnes, Democrat, of South Carolina.

the Federal Reserve Board on trial, am I on trial he continued, declaring he had been a target for kinds of BANKS CRITICISED rtrculars Issued by the regional reserve bank of Richmond, to member banks, and which Mr. Byrnes w-as attempting to show had resulted In rigid restriction of credlt.s, were under discussion. Governor Harding said such circulars were not submitted to the board until printed, when they were looked over, and attention of the Issuing regional banks called to anything the board deemed unwise. The board, he added, was not a central bank. At one point Governor Harding told Representative Byrnes he to read the federal reserve act and try to understand It." Mr.

Bymes replied that he did understand the act as he had helped frame it. Senator-elect Hefling, Alabama, asked Governor Harding If the lawmakers could issue a statement to the public as understandftig his testimony to be that the reserv'e board was favorable to banks extending all the credit possible to farmers. Federal Reserve Board prefers to issue Its own Governor Harding replied. Upheld Richmond Bank Approving efforts of the Richmond bank to restrict loans for non-essential purposes In 1919, Governor Harding said: know some banks In South Carolina had been carrying large loans on cotton, some since 1917, in the face of an active Holding such cotton then, he added on reserve bank funds, was Governor Harding declared farmers need have no fear that the banks would not do their part and carry over loans on staple crops for which there is no market, provided the farmers would make a fair statement of their condi- bankers. He cited figures which he said showed there had been no restriction on rediscounts of agrricul- tural paper.

Secretary preceded Governor Harding, strongly opposed projects to revive the war finance corporation for the purpose of financing sales abroad of surplus farm products. Present price declines were due to readjustments following the war, he said, and he saw no solution for the problem, although the Treasury Department had devoted more thought to it than to any other subject for the last two months. In the course of his testimony. Qov- diversion of the profits of the Federal Reserve Board for loans to cattle growers would bemore eflfctlve if applied to agriculture generally. He had been asked as to his proposal of Senator Hitchcock for employment of these funds for relief.

Says Banks Will Do Share The situation of the cattle growers. Governor Harding said, stood by itself and demanded relief. The suggestion of Senator Hitchcock, he continued, was outside the province of the board, and a matter with which It was not concerned. Governor Harding said there was no cause for fesr on the part of the pro-! ducers that the banks would not do their part in the present situation. Answering the charge of profiteering on the part of the reserve banks.

Governor Harding said they had earned 6.9 per cent on their capital stock of 000,000, and the reserve balances of banks amounting to 11,800,000,000. Doubt that the exports could be in- i creased unless some way was for Increasing buying power' and ability to furnish requisite securi- ties was expressed by Secretary Houston. He did not see, he added, how much relief could be extended at this time in that way. He had no doubt, Mr. Houston said, that the war finance corporation would should Congress recreate it, but he added believe it would be against the pub- i lie The secretary said he believed that the country- was in for a period of price i recession, and that more fate- ful could happen than that this nation i embark on unsound fiscal policy in banking in seeking relief for the grow- i 1 HINDY GOT HIS BACK UP AS SOON AS HE READ THE CHALLENGE.

Von Hindenberg the cat, feline extraordinary and undisputed boss of Newspaper row. taking a aniet sauint oP Arthur, the Plum Island champ and mascot of the United States Coast Guard mifsPIiet a look at Hindy promptly announced that the pride of Newburyport must get a reputation first, or there will be no scrap. indeed, Hindy always reads the Post -----------------------------------------4- feline championship of New England uptil Arthur goes and gets himself a reputation. onto the city desk and started to take his afternoon nap on the papers. He had no more tfhan landed before his back went lip.

Then his tall whisked around and there was a yowl that echoed way out Into the composing room. Hindy had spotted photo in the paper. He gazed long and then came the Cheshire grin. Then he bored. Somebody Put One Over asked the assistant city editor.

about this cat down in Newbury Arthur. Says he can lick the tar out of you. Gonna let.him make a bush-leaguer out of you? matter? Lost your Hindy arched up his back, stretched out his paws, grinned again, then yawned some more. asked Hindy with a leer. mean this bimbo that got his picture into the paper.

Knew darned well if I didnt' go down and call in the pressroom before the editions went last night that somebody would put something over. Arthur Ever Done? see this Arthur before? Ever see his picture in the paper until today once? Ever hear people stop when he walked past and say Arthur' like they say Hindenburg, the Post's big yellow when walk by? Ever read about him licking I did Graveyard Tom? hear of him doing what I to that Victoria vampire tfiat you tried to put over on me In know the black female mutt that you made such a lot of fuss over and that I well, 1 never told what I to her. hear of Arthur doing any of those things? Who Clean Up Mice? sure, it says here that he cleaned up seven skunks, nine rabbits and some mice, rats and birds. What kind of a cat i ask you. But me fight Say, for me to fight that cat now would be bunking the public.

More than a million people that read the Post every morning know me. Maybe seme half dozen llfesavers and their frlend.s and a couple of sand-peep know him. I might just as well do some shadow boxing with that stuffed bear--- feller up on the telephone tomorrow and tell him where he gets off. he can let me know of a couple of cats or so that he has cleaned up, look up their records and if they too good, maybe take him on. Reputation to Care For a gentleman cat, I am, and 1 got a reputation to take caro of.

not going to take a chance of some bush-leaguer or beach-comber like this United States Coast Guard pride slipping over some steel claws or paddtd paws on me. if I took that cat on when I got through with him the Animal Rescue League even take him. Tell him to get out and get a reputation. In the meantime, if any further mail for me toJay, be down in Chick told nie last night that he has a special that I'm going to interview right now. Arthur can Recover Body From Ruins of N.

Y. Building NEW YORK, Dec. 3. The body of John C. Smith, an iron worker, was covered tonight from the wreckage of the Strathmore Apartment building at Bboadway and 52d street, which collapsed late Wednesday afternoon when Broadway In that vicinity was crowded.

"Meanest Steals Records of Newsboys There is a new candidate for the Infamy of being meanest This man broko into the Reading Room on Bowdoln square the other night and stole the supply of phonograph records that had been recently presented the by business men of the city, thief who stole the candy from a blind baby was the only one worse than this said one of the newsboys last night. Meanwhile Iho boys are without their music and Victor J. Morris, manager of the Orpheum Theatre and one of tho leaders in the drive to supply the room with games and books, is desirous that some charitable Bostonians supply a new collection of records. A postal card to Mr. Morris will bring a boy to the office or home of the donor and he will take the records to the reading room.

The Chocolate Life Insurance EX-LAX B. I. pat. on. The Chocolate Laxative Mixed with this delicious chocolate is a tasteless ingtedient that leading physicians throughout the world recommend for the relief of constipation.

is danger to life in constipation. The woman, or child whose bowels work as nature intended them to, has real life insurance. 1 au A A Cigarettes Tobaccos Aluminum Ware Kitchen Utensils Cutlery Phonograph Records Luggage Umbrellas Toilet Articles Soaps Razors Dolls Brushes Jik ut. 645 Atlantic Dewey Sq. 168 Canal St.

and 259 Friend St. Opposite South Station Noar North Station Tel. Hay. 6066 Photographic Supplies Fountain Pens Vacuum Bottles Rubber Goods Clocks Watches Bathing Caps Bathroom Supplies Candy Soda The Reddy Toaster Range 4.39 BOILS TOASTS FRIES TO DEMONSTRATE MODEL CHRISTMAS The second demonstration of model Christmas for Sunday schools will bo held this at the Boston University School of Religious Education, At 2 there-will be an exhibition of Christmas art. At 3 Miss Edith Thomas will speak and arive a demonstration of service of worship for Christmas Sunday night to take the place of old-fashioned Sunday school concert.

These Richardson Stores Surely Represent a New Kind of Store-Keeping We have made these siores better than the old kind of stores in many ways-different in every way, and we have lowered the prices on every line of merchandise we sell. It surely is interesting to hear of siKh stores and these are temg approved by more people every day. Somebody had to take the lead in bringing down prices We began it months ago and have kept at it with unswerving determination until now The Richardson stores stand pre-eminently helpful Properly Fitted by Expert Salesmen At Prices Unheard of Since Long Before the War Heavy Egyptian Rib Balbriggan Union Suits That have sold in town at $3.00 SPECIAL PRICE Union Suits In natural color. You will recognize them as the $4.50 kind. Special Price 0.95 2 And for the Man Who Wears SHIRTS and DRAWERS We have included in this offering one lot of Fine Ribbed Balbriggan, winter weighty at the special price of 1 .19 ea.

To the Womo-n Who Buy for their husbands, sons and brothers, here is an opportunity to save some money. SCHOOL ST. AND CITY AVE. WASHINGTON ST. AND AVKRV STREET 2 -TORES store HEAR THE orth tation Mail Orders Filled 15c extra Every Housewife Will Appreciate This Bargain! Aluminum Percolators We bought a entire stock of these at about one half price.

He took a big loss, but our ready cash looked good to we are able to sell them to you at $1.69. Usual price $2.50. TWE TRADE JN EVERY HOME The first price break in Universal Aluminum Ware Since the War. Housewives have been looking for a break in this, their favorite ware, but they or nobody else ever looked for any thin like this. CASH and my willingness to take less profit are alone responsible.

TEA KETTLES Extra heavy BeHjnlesB, leak proof body, extra heavy bead on Spout srpooth- ly welded on, end 80 shaped to facilitate filling of kettle fiom faucet. No. 265. Capacity 5 qts. Reg.

price $7.25, 5.82 CONVEX KETTLE Aluminum Seamless Roasters. OPEN. SATURDAY, EVENING Extra Large Size '7Q Worth $8.50 Pure Aluminum with tight fitting cover. IRU Smalier size 15 inrhes long. iiic'nes wide.

Wortii price ...............3.79 1610. Price, value and leak proof. Extra large, tightly rolled beads. High, swelling coyer with sanitary turned up beads. No.

154. 4 quarts. Price, value $.3.00, No. 15S. 8 quart.s.

Price. value $4.75, nov. 10 quarts. A $5.50. 20 REDUCTION TEA POTS BREAD MAKERS No.

2. Capacity 2 loaves. Reg value $3.60, now $2 5-QT. DOUBLE LIPPED SAUCE PANS Seamless leak- proof body. Spout smoothly to body, swelling strong silver Kbonlzed handle.

1-quart size. Reg. Price Reg. Price $5.00. Now.

M.OO CAKE MAKERS No. 1. Showing mixing filers. Capacity 4 qta Depth of bowl, in. Both attachments furnished.

Reg. val. $4.50, LIPPED FRY PANS Seamless and leak proof. Extra large tightly rolled hfads. Handle cold rolird lifavily Unio'd.

rn no At Amt No. 105. Reg. pric $: DOUBLE BOILERS Seamless and Leak Proof. Extra Large, T1 gh tly lied Beads, 1 Swelling Cover with San, Beads.

Handles Cold TVo 99 1 Heavily Tinned. No. 231, inside capacity i qt. Regular price $3, now COFFEE POTS Seamless leak proof body. Spout smoothly welded to body.

High swelling cover, strong silver hinge. Ebonlzed shaped handle. Capacity No. Qts. 271 1 Reg.

price $3.50, 272 273 Pow 2 Reg. price $4,00, now fS.SO 3 Reg. price $5.00,, new $4.00 FOOD CHOPPERS No. 0. Small Family Size.

Coarse, medium and fine cutters. Reg. Value $2.50. Now $2.00. No.

1 Regular Family Size. Coarse, medium and fine cutters and nut butter grinder. Reg. ValulB $3.00. CAST ROUND GRIDDLE" Heavy stamped aluminum.

Elion- Ized replacement handle. No. 3.210. Top diameter outside to In. Reg.

price $3.25, now No. 3613. Solid cast aluminum, scl- entlftcally ribbed bottor.i to prevent warping. 13-lnch diameter, Tteg. price $6.75, now St.

Store Open Saturday Nighi outh tation I a Mail Orders Filled 15c extra OPPOSITE THE Only the Richardson Stores Offer Values Like This Aluminum Double Boilers Qt. Size for The usual price of these boilers is $2.25 and they are cheap at that. So, you can see what we are doing in the way of battering down prices when we offer them at $1,49. Alumimm Tea Kettles 5-Quart Size, to Sell at .98 A few weeks ago we would have thought it impossible to quote such a price, but broken te persistent hammering. the market by value for $1.98.

$3.50.

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About Boston Post Archive

Pages Available:
67,785
Years Available:
1831-1921