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Show THE HERALD, TUESDAY, OCTOBER 24, 1922. : Business Conditions Current Bf 4 0 ; GEORGE E. ROBERTS Bagctia lor October Issued by fttttmthly i . . yr,wn,n " ' inn as w i ornir . -J . M iuumv" - ... . AL - - . u, . l MsMo.cifrBiafc of funds in mnKinv run. i"; inizii r ' ,. pre-w- ar .. . x times jl. ' New York) price- This sign is displayed by Heating Contractors who can give you special prices on Arcola for this one week only. - wu the . natural re- . " J1"" rr Vsimilar ftirriiCTffiaferthi. Frt,r,i d v"A.m ti signifyf imauu ,.iiniiirtot oerau. . condition ... ; ... : . are now h -rMU ..jii.. - -inu .ui' Tui. c .- -.n will tend to , ueW' inau?w.T--wun ineir similar results. """hw Zt nf M0.. nu repeat the difference between gold reserves at the hirh. wholesome expan- - in their history, and have the Wages and Prices After Civil War .Wte and state pwaty to grant more credit than the unhealthful ever before. And, finally, gold is .0ne reMon IPV r holding called inflation? with the steadily flowing to this country . 1 the. ' Price-levnever will ?M)ffllrison is madtconditions from the hew . production of th. ":l"Yl " ln ,aoor n the war, become nighiy organized and never will , " ao so io n0Sf mnaicu, ""nuc " consent to lower its standard of long as exenange rates are Uabie to the sugmIncxpauuua living. It is also pointed out that the last our favor as now. I has taken- place pi- have na a very inese Are the mnA;i. u.. wages were not reduced to the fer the Civil War. !!Jderable fall from the top, and make for easy money, and we have ?.re"war ,S say as to the last recovery from that fall, never yet had easy money in this - country that inflation did were rl" be .called come not L tbi gain cannot .innira . sec.. ... . J . J . . :n i. . c ... ntir. nt it- - I ..... iiuv rn at last . tv akcs ucurn i a uu sucn rpnrra inflation. It on production, and w10817 .. A- when. control over hant comes .u:. m io on " i i' nrtT t""' kIwivi m me xas : itrrcabeu S- - nld stocks are exhausted . ana country as in countries whfte the coming was years after u.-j. wav the Civi 1.. bantinff ;. i.j o o ., ' J , uv a 1r HAiiUiCU w KUVU3 ("ill aiC Pfr'WL foil of orkeg was an comparatively few corporations 1. consmption' increased, and J demand and in some eases too pre- opertting numerous branches. The' the S for labor 1. . i ini thus incr Federal Reserve Sfiwte and tbexurtailment of . . , ea. not onlv Will there he nn . A ( vumim jjvci .l ine memDer Danks J iiemandt-untito reduce wages, but it would l . tr7.wa,J!V:,rv ,h Uu.r -; be "npossible to do so even if labor W'?'rn, ,L war-tiwas any onlv hv mMn. TTir:.!" . ' el . "iff PrenJ VTir . uut-vu- . V. ,mr 1 . L f.T K- Trftetssion. "" ""T! thing om Mine ot weuo,e reiulting and-the- f.vanuiv , . I ni. "n -- Wages and Living Standard On the other hand, unless pro duction is cheapened, the standard of living is not raised for the earning class by pushing up wages, because the cost of living rises w.th them. It is perfectly futile fool-an- d ishly so to look for any gei oral improvement of social conditions by merely raising wages in terms of money. To talk about it is nothing but a habit of mind. s:ng ReaMtu for Caution (1efng money-wageare except as tlu to me tart notliky f ea 6 . that lDe1"teof " the advances, doubting in the exlstmg shortage workers getting heir oups .e part, made up. The advance another inflationarv iamboree 5s that compensation raised at the ex; . ot others, buch benefits arc If wages u one in pan w we re- - . ti ,u. her general nor permanent lhal of industry, but in large part one l .L .t . Tk k the. mnnigranon wuumJ seem .10 iue. reason to in. me long run tne econom.t law will find a wav of eauahzin7 mn- . - .u. t....: ii ouite evident that abnormal k.i; ditions. me wh through the ex- "aJ"rT:fl-.;rre otrectiy prrecs periences P?ed ties of 1920 and 1921 will A Sound Basis for Prosperity oi wwu auu wan t0 make a very careful studv It tu time, inc 01 Probabilities before they commit If we accept the very substan- .ptS' l'T L.- - -- ...14 themselves to extensive obligations tial revival which has taken place i ,r!i1, !Y;1 of prices much above this year as a natural recovery from ,tf! 00 th Br0.th',n one. an excessive curtailment of inJus- La" MWer t0 the rP"""t try in 1921, and ainnatural result of m,ie restoring the tepate for inflation it it t0 be wid tha, equiiibrium between the several fajmg c"10"?1 it would be most unwise to build branches of industry, by reduc-jecd- s only, and ters and ad. Jom great abric o( credit on a ,em tions the the of is just I ,his influx vanceg in others; and if we ndea. porary fonndation. jwposite attitude is of gold should tomnion put priceg ap by vor in a spirit of harmony and co. IDder way. the arae efflux 0f jt wouid operation 5 to restore the equilib- put them down. Nothing can be rium more completely, in order to (Conditions Favorable to Inflation more certain than that the pres- - obtain such a free and full inter- ' ent situation, in which gold came change of goods and services that ! It is true that conditions are very to the United States last month everybody shall be employed and hTonble to an inflation of credit from 31 countries, is ahnorm.il anH production shall be to the limit nf vjWhave a great number of inde- - cannot be permanent. capacity, we may hope to have a leadest banking institutions, act- better year in 1923 than in 1922. Tnat ' fhe method by which pros-to- r Svely soinpeting with each other Prices Over the Long Run customers, and the most effecperity is achieved, It is affirmed very positively in On the other hand, if the public (live way that has ever been found Jot winning customers is by lib- - some quarters that the pre-wgenerally becomes possessed of the has gone forever, and it idea that a boom is coming, and enlir in granting credit1 These banks price-levhive liquidated a great amount of may be readily agreed that' there is willing to borrow and spend lieditin the last two years, and is no prospect of an early return to upon that belief, it is possible that Awhile they have shifted a large it The fluctuating prices that we a short course of inflation may be fui of it into securities, they will have had since the war, however, run. duMetvfi1i S1 5Toer .;,. - ! 1 T ; w tl' eTT 2!? JL .Ij"IfeTdSiWtoSS" 'Pr"t 2rIm"t. , fvM'V ar 7 W price this week only ' :,. - - Arcola at special s, " - Arcola 19 -" ,w 'ow rate "V trom a penoa ot minius 10 ne nntninor m in lines some to save ight from inflation but Industry 01 tne public to wl behind me nur.nw 'uiposinon fte country, creating a deficit of borrow. The mere presence of demiai. ample gold reserves in the vaults hpnsebiaWuigi m of the Federal Reserve banks will flui is true m of railway equip- - not cause inflation. It only serves fee construction in some otter taes, and as the possible basis. Somebody to- - those must borrow the available 1 revival has occurred credit, Sua It U due to imperative and use it in buying things to such an extent as will produce the con- EedJ, rathei than to a belief that ma cnaractenre inflation, uiuv.i bottom has peen jjfiauy - t T TNTIL U 12 O'CLOCK Saturday night can buy Arcola at a special you price. Think what this means. You have been planning to have the real comfort of radiator warmth in your home some day; this is your chance. With Arcola in the kitchen, or living room, and an American Radiator in every other room, you have jthe finest heating system for a small home that money can buy. el Even at usual prices ' Arcola costs little. The special price which your Heating Contractor can quote you this week makes this a chance which no family can afford to overlook. You can get the full facts in five minutes. Merely call at the store of your Heating Contractor, or ring him up on the phone. Delivery will be prompt; the installation can be made in just a few days, without disturbance to the family. This is your one best chance to have a heating system that will pay for itself in the fuel it saves, and add many times its cost to the selling value of your home. Take advantage of it See your Heating Contractor today. AMERICAN RADIATOR COMPANY ('".A-- & . who, In simpler language, are the after microscopically observing the habits and conduct of ants for years, bring ui the in- wresting information that these busy little workers a the humbler world are by their own voluntary action the most moral nf all living creatures. The ant, they tell us, is so intelligent that we are Jjustified in trying to describe its existence by a kind ;of allegorical comparison with, human life, Busy as are these minute little creatures, their jfemales are scrupulously clean. Several times each nd they better their appearance with combs rushes. The mothers are the only ones that are allowed to eat all they want AH others, by their established law, must abstain from over eating and ZOOLOGISTS, w - winking. Soldier ants protect both the young and those who tare for the young. The mother ant is treated with U the deference of an empress. ' ine ants limit their sleep to just that which Is jweir need of rest and they destroy the drone and all who would in leisure attempt to over-indulor luxury. Tnty have architects H1 and bridges to and engineers. They build conform with definite plans. ii?ve tlle'r agriculture and horticulture and I ol)served to domesticate as pany as 584 ' "J kinds of creatures. f wonderful ,s the story 0f ant Some of our who are better xoologists than sociologists the old Hebrew of thousands of years W w to the ant, thousaying sluggard, consider her way." ."J "Kgest that there is much in the ant the man 1 A,lWe" ,fy t0 emulate. scientists tell us to consider the elephant v' Tts fa frfer The Hindoo tells us that he gets good work from that giant creature only so long as he is good to it Should he abuse or offend it he would lose the elephant's willingness to work and he might lose us life by incurring the elephant's ire. To appease m elephant the Hindoo always feeds h before he him self partakes of food. That gentleness and generosity do much to gain'' pood work, is the moral lesson the scientist hands to US as the result of these observations. But who wants to be either ai elepb,nt or an antf Who would want to emulate their ways, inters l ug and perhaps intellectual as they appear to be? The elephant has none f the generosity for wh'u H " s, the scientific observer pleads. The elephant "Feed me first or I am likely to get mad and ku k e daylights out of you." There is nothing in tha; sort of a spirit worth emulating. The ant. is good to its own but it wars on every other ireature that it cannot subdue and use. There Is nothing so very big tnd magnanimous about 'I What is more, outside of the grotesque trick r in the circus ring, no scientist has ever upon us to see or hear an animal symphony, nor i e picture or graw'V'f they shown us an animal-mad- e formed statue. Has any one ever yet seen pause in rapture before a gorgeous srw t What eye at the microscope has ever seen .. lay down its work upon its hill to hark to th of the lark? Whatever are man's imperfections he is no li 1 the research student, the truth seeker, but To be al finer, he is the great appreciator. appreciate the wonders of the world that in itseu s living the higher life. IDEAL Boilers and America r.Jd ArcolaX tjThe Senatorial candidates have struck their smartest gait, hawk j their wares on busted crates, all up an' down the I t fin WNFUCK-t- Contendin' voices rant an' roar, to warn us of our danger. Nobody's honest any more he Golden Rule's a stranger! mr rrjtich Faa .nai tO each t ... expext to better our condition. JM.t. ..l.li. UCVIHJ1U9 11 t,a . . . acrainet the other.' f anv tim.J-t,- .t t,'a K rtovil's hrother. kon that It's nio and tuck between contendin' forces their enme- Parses. sooner pass the buck, than hear y can't we have two Tionest men, to run against each ktJ.Tw ho'd serve the people now an' then, an treat em as rwwher? J10' to tne. that politics wl totten. that hril:.0 a better fix with ! 1 17 Fia-Wtte- 11 t fx r week the New York police arrested a man and rushed him off to Bellevue Hospital to have his unity looked into because he broke T AST a whiskey bottle on Broadway, stood before the mirror in a shop window, proceeded to undress himself and started to shave naked as the day he was born. They hustled him into a taxkab and in five minutes the crowd bad vanished into In the the moving city throng. great city of Calcutta, if a native made a sudden dash for a suit of clothes, put them on. and stood i front of a window to rub some hair tonic on his face wooing a beard, "ghurry, they'd hustle him hrto the Indian form of taxi cab. and have , his bean looked Into. Geographv strange study. East is east and the d as you see west Is west thing so it it that ia, so wt insist it is. but 1 it . 1111 - ' Week This uy Yow Arcola t UNCLE JOHN w 402 Seventeenth Street Denver, Colo. we offer speeial prlees on this wonder- If you give us your order now, you'll save money. For one week only, I i So order now and take advantage 01 me cus- ful heating system But next Saturday is the last day. Jt hot-wat- count. E. 0. MOE PLUMBING CO. H. G. BLUMENTHAL CO. HAWS, PLUMBING AND HEATING P. L. LARSON PLUMBING CO. BUCKLEY STOC NOTICE OF SP EC1AL HOLDERS MEETING. To tlie Stockholders of The Grand Central Mining Company, a Cor poration of Colorado: Notice is hereby given that a special meeting of the stockholders of The Grand Central Mining company, a corporation of Colorado, has been duly called and will be held at the offices of Pershing, Nye. Fry & Tallmadge, Equitable on WedBuilding, Denver, Colo., 3 nesday, November 8. 922, at 11 o'clock a. m., for the purpose of submitting to the votes of the stockholders of said corporation the matter of the ratification, approval and adoption of the action of the hoard of directors of said corporation in selling and authorii-inthe conveyance, transfer and assignment of all the mlnlnf claims, mill sites, real property, personal property, assets and effects of said corporation to the Chief Consolidated Mining company for the cash purchase price of $420,000.00, and for the purpose of transacting any and all business K- - X Radiators for every heating need g & proper and necessary to' be- transacted by the slocMioiaers In the matter of such sale, conveyance and transfer. Dated at Salt .Lake City, Utah, October 5, 1922. Fourth Judicial District, in and for L. Brimhall, 1!) estate in Utah county, Utah, t: a avenue, from 1:'TilYersity Beginning at the northwest cor Utah county,- state of Utalw Utah, at 5 p. m. Saturday, Decern ner of the northeast Quarter of sec In the matter of the estate ber 9, 1922, to pay the delinquent tion E. Hyde, Deceased. 31, township 9 south, range, 2 George assessment, together with cot of Creditors will present ol,lni. office ot Wells Nnrtlr advertising and expense of sale. J. EDWIN STKIN, THOMAS CARMICHAEL, (First publication Oct publication Nov. 31922.) ASSESSMENT Secretary. 23; last NOTICE. Secretary. Provo, Utah. (First publication Oct. 7, W22; last publication Nov. 17, 1922.) J Com- Syndicate Mining and Milling Busipany. Principal Place of ness, Prowo, Utah. Notice is hereby given that at a meeting of the board of directors of the Syndicate Mining and Milling company, held on the 17th day of October, 1922, an assessment (No. shares 14) of $1.50 per thousand was levied upon the outstanding capital stock of the corporation, payable Immediately to J. Edwin Stein, secretary. Provo, Utah. Any stock on which this assessment may remain unpaid on Friday, November 17, 1922, will be delinquent and advertised for sale at public auction; and unless payment is made before will be sold at the ot SHERIFF'S SALE. the District Court of the Judicial District ol the State of Utah, in and for Utah In Fourth county. Cecelia McNeill, Plaintiff, vs. otherwise B. Barnett, William known as Wm. Barnett, Flora J. Barnett, his wife, and Joseph A. Holladayv Defendants. To be sold at sheriff's sale on the 1st day of November, A. D. 1922, at the. front door of the court house In Provo City, Utah, at the hour of 11 o'clock a. m., all the right, title, claim and Interest of the above-name- d defendants, of, in and to the following described real east of the Salt Lake meridian; thence south 44.43 chains, thenoe north 43 deg. 1 min. east 2.97 chains, thence north 29 dog. 48 min. east 0.95 of a chain; thence north, 15 deg. 36 min. east 3.82 chains, thence north 31 deg. 3 min. east 2.10 chains; thence north 44 deg. 33 min. east 4.10 chains; thence north 37 deg. 54 min. east 1.27 cnains; thence north 37 deg. 30 min. east 3.70 chains; thence north 28.73 chains; thence west 10 chains to the place of beginning. Area 36.52 acres, more or less. Dated this 9th day of October, - with vouchers, to the under!at her residence o. 'm'w Center street, Provo City. Utah, on ore the 7tn dy of December, i 1922. ; ,l ROSE L. HYDE, Administratrix of the Estate George E. Hyde, Deceased. MORGAN, COLEMAN ft STRAW. ot Attorneys for Administratrix. (First publication Oct , 1922.) (Last publication Not. 1 192 , PER CENT MONEY Under Bankers Reserve System, S per 1922. cent loans may be secured on cltr J. D. BOYD. or farm property, to buy, fcnlld. tan-Sheriff of Utah County. Utah. prove, or pay inaeDtednesarBankers By D. L. Ellertson. Deputy Sheriff. Reserve Deposit Co., "Gas Electric BAKER ft BAKER, Bid.. Denver, Cola mwJJ-- l Attorneys for Plaintiff. Gold has been discovered te rait (First publication Oct 9; last fornia arain. Tima publication Oct. SO, 1922.) kh 6 .. NOTICE TO CREDITORS. the District Court of thr ' In ja . . n ' '" - '' V . , Distance lends enchantment to dr. . . v t . rent-payl- . . I ' |
