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Show BEAR RIVER VALLEY LEADER, THURSDAY, JUNE 30, 1932 SILVER RESERVES THAT BRYAN DID NOT PROPOSE WILL MAINTAIN Legislation, designed to restore the use of the poor man's silver is the immediate need of America and of money the world. Plans for a world congress to specif' a money acceptable to all nations can be included in such congressional action. Use of silver will pay for work of all who are now un- - bi-me- tal did able-bodie- persons cannot find enough work to keep themselvves out of is destroyed or vanishes. In such times, the original forms of money - silver and gold are in great demand if both are recognized as hard money. They are then obviously insufficient to take the place of paper mediums of exchange such as checks and account bills, by which most modern trades are measured, while everyone is working. To keep both gold and silver equally available as national money, each metal must be redeemable in guaranteed weight of the other. If Bryan had suggested a monitization reserve of silver to be created by a fifty per cent tax in kind on all silver bullion and a variable rate of ten per cent and up on all new production of silver, there would have been no fear of replacing gold money with cheaper silver. The rest of the world was using large quantities of silver money and silver had not become a byproduct of copper mines. Then a sixteen to one ratio would have worked with a tax in kind for building up reserves. Thfe commodity price of silver is so low now and its use so uncertain throughout the world, that we need an initial rate of 32 to 1 besides sufficient reserves by silver taxes, with a device to measure the world's supply of silver. The United States is able to offer such a device to the world. We can allow all silver to be deposited in our treas ury after payment of a tax in kind to us or to our solvent free soup lines.credit f ( BIG SAVINGS i 50-ce- nt This is a natural law of private property individually owned. Silver has been discredited for several years throughout the world. So we have a condition that never existed in the world before. We have machine methods that will produce a surpluse of everything men should use. And yet we have masses of the people unable or not allowed to produce enough to satisfy even primative desires. To restore the basis of common man's money, to build a EARL ! I By Mrs. Thomas Ault GEORGE or JACK GOODYEAR Cord Tires CASH PRICES Price of Earh Each in palra $3.59 3.8? 3.95 4.63 4.70 4.85 $5.49 3.79 3.83 4.50 4.57 4.72 4.80 4.99 5.32 3.30 ul 39x4.40-2- 1 29x4.50-2- 0 30i4.50-2- 1 2i4.75-1- 9 29x4.75-229x5.00-138x5.00-231x5.00-231x5.25-2- 0 9 4.95 5.15 0 1 5.98 1 339 30x31? Rfc. CI. Tube J X f ft''firTrmi ii.th- z.T-- , $ .91 .91 .91 .94 .91 I. OO 1.14 1.16 1.16 .86 Qui ility Values Only Goodyear Offers Famous Lifetime Guaranteed GOODYEAR PATHFINDER ' ff&gS&Wl. w.tmm& Suoertwlst Cord Tires CASH PRICES Price of Each In Kach Pairs Full Orrralrg 29x4.40-229x4.50-238x4.50-221x4.75-129x4.75-229x5.00-138x5.00-2- 1 0 1 9 0 9 0 38x3 MUHR4-C- MUHO.S.CI 12x4 Tube $4.79 $4.65 $1.03 5.35 5.19 .95 5.43 5.27 1.03 6.33 6.16 I.I7 .95 6.43 6.24 6.65 6.45 1.17 6.75 6.55 1.33 4-0- 7 4.19 4.29 7.58 3.95 4.06 4.16 7.35 .90 .90 2 IFronk Chevrolet Co. 20 Tremonton - GOOD USED Ti?,rq f l tt ' . . TUNE lI.JO'l:,; U -. ' Vry .. Vv'cuiie n livery j.!v . Li v, JJ ..J day. Mrs. Maude Herrington of Huntington, Oregon, visited relatives here for a few days. Mrs. Herrington was accompanied by her daughter, Vaudis. Mrs. Wm. Loveland of Salt Lake City, spent the week here with Mrs. J. A. Fryer, Mrs. Susie Dewey and other relatives. A splendid time was had at the wedding dance of Mr. and Mrs. Henry Nielson Wednesday night. Mrs. Art Marenassa of Oakland, Cal spent the week here . She was the guest of Mrs. N. B. Marble, Mr. and Mrs. Frank Germer and other relatives. Mr. and Mrs. Albert Thorsen entertained at dinner on Friday night in honor of Mrs. William Menges of Long Beach, Calif. Covers were laid for twenty-si- x guests. Mr. and Mrs. Duett Loveland and son, J. Itobert, were in Ogden Satur- Statistics show you that cots are lower now than they have been in the past ten years. You can build now and save on your building projects, without in any way lessening the quality of the home you desire. oo day. Mr. and Mrs. John Becker of Ogden, were guests of Mr .and Mrs. T. K. Ault, Sunday. Mr. and Mrs. C. P. Jensen and sons, Mrs. Duett Loveland and children, Mrs. T. It. Ault, all of Deweyville, and Mr. and Mrs. John Becker, of Ogden, motored to Brigham Canyon anil enjoyed an early breakfast, Sunday. Saturday afternoon the Garland base ball team were victorious over the Deweyville teams, on the Dewey diamond. Mrs. Dewey .81 TRADE US YOUR OLD TIRES FOR NEW 1932 GOODYEAR Phone jjjg all-sta- te Guaranteed Precise sp . SPEEDWAY Supertwist p gjjp II y The wedding dance of Mr. and Mrs. Glenn Marble was enjoyed by a large number of friends and relatives. Mrs. Kenneth Spackman had as her dinner guests Monday, her parents, Mr. and Mrs. Orson Tingey and family of Brigham City. Mrs. Alvin Norr and children attended the concert given by the band at Logan Friday afternoon. Bertha Germer and Elain Hansen attended the band concert at Logan. Mr. and Mrs. William Johnson and daughters were visiting at Logan Friday. Mr. and Mrs. V. D. Justinson and Mr. and Mrs. Romer Barnard visited Mrs. H. M. Shelton at Mendon, Sun- NEW LOW PRICES NEW HIGH QUALITY Lettlt Lifetime Bear River Valley Leader I - day. Don't celebrate your 4th of July trip with tire blowouts. Nothing wrecks the holiday frame of mind so complete1 y as a struggle by the roadside with a flat tire. We'll g'ad'y inspect your tire equipment beforehand. Thank You I :x: M. Hashamotto and F. S. Hoary made a business trip to Ogden Tues- see CHET NOW f DEWEYVILLE I STOP IN BEFORE YOU START OUT Pay Your Subscription The entire world will be prosperous when all the people who are now without wealth are allowed to earn a share of the helpful things of life, by having their work paid for in silver recognized with gold as the basic money, which provides foundations for all credits that are naturally obtainable by individuals. SILVER MAKES SAFEST BASES FOR SMALL CREDITS i Lowest Prices in History! ex-soldi- basic money . or i MONEY AL debtor nations, for national curreucy at 32 to 1. We may reduce the ratio by issue of more credit to the owners of silver deposits in the treasury, if it is ever necessary in order to maintain currency. If either metal is held too cheap in measure of the other it will leave the nation that holds such arbitrary ratio. PEOPLE MADE IDLE WHEN SILVER IS NOT USED Suppose that all credit were destroyed, that we used no medium of exchange except gold and silver; that even their convient use were destroyer because the government stamp thereon were no longer credited. You say that we would be in a primative condition of barter as the only means of making purchases. But I wish to ask which of the two metals would be in general use as money then. The amount of gold needed to pay for the average purchase is so small as to prohibit its use. This fact was hidden by almost limitless credit a few years ago. Then it was falsely assumed that no second and third bases of credit were needed. But the United States has slumped with all the world into mass loss of credits. This proves that without silver, which has always been the most useful money acceptable as hard money in the principle markets of the world there is no basis to support the masses of small credits that are necessary to maintain constant prosperity for all men. The result has been to leave the poor people throughout the world, without any work,bccause they havnt any basic money that will be accepted to pay for what they need. These idle people will produce all that they need, if they are paid in silver for producing commodities and structures, addable to the market supplies and to world benefits. Then there will be no troublesome surpluses of practical goods. For every person will be able to buy comforts. Silver must be accurately measured and used conveniently for the people in fractional units of gold value as hard and WORLD WIDE USE OF SILYEU ,W;mployed in the world. While every one had excess of credit in America we lx 'not miss silver. But when an army of unemployed d BI-MET- reliable credit structure for every worker, the United States can create a reserve of silver by a monitization tax. Such reserve can be loaned so as to indicate the world's need for new productions of silver. The United States Treasury can be obligated to loan the treasury silver (exclusive of bullion held against national currency issues) in our silver coins, at one per cent interest on security of United States bonds and of first mortgages on . tax free projects throughout the world, wherever governments authorize such as refugee project that will pay all needy, able persons for 20 or more hours work each week. Then, authorized to issue three billion dollars of reconstruction bonds each year as needed. The proceeds to be refunded by the projects in which they' are used. This entire fund to be used by the Reconstruction Finance corporation to eliminate all railroad crossings at grade with highways and buy up wornout land and land needed for forests and parks on watersheds. Then congress, with a balanced budget can appropriate for safety structures, three fourths the cost of these grade be separation structures with provision that all all in railroads such work. the by given preference The railroads have the organizations in tact to quickly put every idle person to work as soon as such a project is authorized and financed as above. In this work they will save its cost by resultant elimination of their present annual losses at grade crossings ; whereas they cannot make such changes as capital increases required to pay both capital earnings and taxes. The forests w ith good private interest management, under national regulation can be made to produce timber growth enough to fund the bonds that will be issued for the purchase and construction of these national assetts. Tremonton, Utah. D.W.JENKINS, Gardner and little daughter are spending a few days with relatives at Avon. Julius Record and Ben Kecord of Salt Lake City were visiting at the home of Mr. and Mrs. Geo. Itecord of this place, Monday. Mr. and Mrs. Lloyd Lish and family, motored to Smithfield. Wallace Waits accompanied them. Sunday night the Deweyville Sunday school was reorganized, with Supt. Albert Thorsen, and J. P. Barnard and Fred C. Farmer as assistants. Junction A. L. Erickson, Oakley, Idaho, received $1,449 contract for school building of here. Erection of new Gunni-lo- n Gunnison Ward Chapel progressing. WISK people all over the country are taking advan- tage of the moderate costs of building today, they are investing sums which will net them big returns in the near future. Prices on labor and materials are bound to go up, and with them will go your chances to save, unless you act now. J. H. Rhead Building Contractor one-roo- Sulphurdale Utah Sulphur Industries preparing for active work. Phone 2-a- .l |
