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Show THE HERALD, TUESDAY, JUNE 26, 1923, A REAL PLAII IIATlOy EPBESBITED ..' ; .. FO R WORLD HELP i AT FiriAiiCE CAPITAL Lake City; The marriage will take place June 30. After a two weeks motor trip to Yellowstone park the couple will maie Oieir home la Salt Lake. Fred L Kent of American Bankers Association Initiates Move to Grapple With Problem. . SUGGESTS TERMS OF ui-AI.. ViiMnAft By FRANCIS H. SlSSOff Chairman Public Relations Commie-- , eion. Amer 'tr Banker Aaaaclat'on Financial New Tork is w ., ."Ha ly " of ti.e t. -- v!e -- tlon. ."' . the coniM. . at Mr. and Mrs. J. A. Elder announce.' the engagement of tfceir daughter, Laura to lr. R. Hilton of Salt I "Mrs. Edna U Interesting lesson TayW" gav "Marriage an d IU Adjuatmentr, A reading was givel by .Miss Gladys Seamount after which community., singing was enjoyed. . . will te given in the Women's Municipal council rooms All-iur- ington, D. C past president of the SUf e "Fedefatwa oT Wotaen eluba; Her subject will be"Qur New Citi- en.'' Vocal solos will 6e rendered by Mrs. H. Roy Slack. general is cordially In attend. The public Invited, io '' '" . . Mis Laura Elder, a bride of the ; 7 month, will give a trousseau tea at o'clock, invitation have bees is-- ; tne(ttir1S: Mr. and Mrs. P. C- - Holden, Mr. and Mrs. Cyril Holden, Mr. and Mrs.. Leonard Holden' of Salt Lake spent . Siinilay to Provo with Mrs. May RJ Farrer. , big Cities, have sup- plied the. greater "part of tbe man powei" and brain power enabling it P. H. Siaaon Agreement! bjr Europe to make, la Xor American financial axchan belp, , economic reforms , that fill Insure to function as the nation's financial-caplUprofitable International business for s the United States, is tb basis of a A recent Inrestigatlon aa to the pun lor worn rehabilitation worked origin of one hundred leading execu- Uvea In ..the New York financial dia-- J f th ul Commerce and Marine Commission of .trlcfc anowed tbat no lees'ttan sixty I me American Bankers Association. per cent were born ouUidOj New York ' Mr. Kent, as a delegate" of tbe asaocla-UoState, that no less thatf twenty eight recently laid tola plan before tbe per cent were born In towns of 5,000 meeting of tbe International Chamber or less, and only twenty-pe- r cent were of Commerce at Rome.7 He pointed born in New York City. out that the .United States baa no The birthplaces of these men rep" rttht to attempt to dictate to Europe, resented Pennsylvania, Ohio, ibnt Jbatz?whealt-c6m- ea to loaning Connecticut, Michigan, Misour money we bar a right to demand souri. Illinois, Maryland, Delaware, ausractory agreemenU before we do Vermont, Mississippi, Kentucky, Ten0 He continued:1 7 nessee, Minnesota, Iowa, Florida, -7 How America Can Come In Rhode Island, North Carolina, Indi"Aa America haa not the right to ana; Wisconsin, Georgia, California, demand that tbe budget of European MqhUna, Maine, West Virginia, N countries, be brought into orderr that Jersey and the District of ColumbU Inflation be atopped, and that mutual The same situation I true of the udertsaadinga between the Allies and younger men, particjilirly in the . Germany be developed, these matters banks. Thia reflecU more than mere' ... can be approached only on the basis ly the attraction of the big city tor tit what America has that she can giro ambitious young men. It la the result to Europe In exchange for agreements of the definite purpose of New York which she believes, If carried out, banking to equip" Itself to perform - would result In Increasing , the trade most effectlTely tu work for all the and commerce of the United States In nation. . A brief description of the mechan sumcient volume to Justify awa-a- o. ' Hon. lam of the nation's bankingsystem r the standpoint of America will make' this clear. Many of the the two aueatlona of primary Impor NewYork banks are bankers' banks. 4 MM na 1. wv mo, wuaik i .iuiiqb wiu lne neces- - They are great reservoirs of credit in aarr w meet me requirements 01 our. which banks throughout the country government; and, second, what Income deposit unemployed funds in New win be left to the American people York. When crop needs In rural after the narment of or industrial expansion in manh Allied debts are paid In full the peo- - ufacturing centers Increase local re Bla Of tha Onltflrt Rtf nn quirements for moneys tneBe local to meet liberty bonds outstanding banks call in their tunda from New against them through taxation. If the York and in addition may ask the big , buying power of Europe is not restored city baVks for. loans. . the total national Income of the peoCountry "banks frequently depos ple of the United States will be less as security the notes of their own custhan otherwise. If . a portion of the tomers, often secured. In turn, by farm Allied debts can be cancelled tn ex capital such as ploughs, livestock ana change for agreemenU which will other possessions. The fifty thousand promptly place European countries on doll&r note, for instance, of a' country a sound economic basis, the restora- - bank In a big New York bank may tfnn of thA finvrinnnwA nf dirnn bare atUched, as collateral security, Will K wnatl. ...I ik. fifty or a hundred "small notea of a total national Income of America will hundred dollars up to a thousand Da increased." or more, signed by local farmers and An Improvements foreign markets their wives. Into one of the biggest for American products Is an essential New York banks comes in this way element in Mr. Kent's plan. He says: from the South each crop season a If, alter deducting taxes necessar all note secured by a piougn and a to cover the portion of tbe Allied debts barrow and a mule named "Molly" cancelled, the increase In the total an Incident that has been aptly denational income of America la greater scribed as "The Minting of Molly.1' becauseofthe greater buying power ft Is one among many securing a large of Europe brought about by meana of inter-ban- k credit inch cancellation, the people of the Thus Is big banking in New York United Statea would be the richer: brought close to, the plain people of There would seem? no doubt but that the soli thus doe it finance their humble husbandry and thua, has It everyone would rote- tor cancellation ft It would assure greater national net felt the need of recruiting IU officers tacome, with economic peace and from among men familiar and sympathetic with local conditions able to greater happiness for all peoples. ... . ,The real question, therefore, la Visualise the need of the people there whether It would be possible' to co- and pass sound Judgment on the credit factors involved. operate with European gorernmenta It is due to the conditions thus picalong such lines that. In exchange for a portion of the Allied tured that among of New cancellation indebtedness to the United SUtes, York's banks will be found represen-Utlve- s from all parts of the nation. .they will gite agreemenU aiming to councorrect those things They are the delegates ol, the pewle tries at present Economically unsound. at the business capiUL It is not conceivable how mere cancellation could be anything but harmWhy Group Fights Group ful, unless accompanied by economlr line. the all along , readjustment America Is suffering from, lack of .Tttrther, : agreemenU along the "economic understanding. It Is. theremade be lines .mentioned could not we And group arrayed - effectlre unless the whole reparations fore, that thatwe find the growgroup against tangle ie setUeA VAt the same time, er at variance with the producer, the therefore,' that negotiations are being with the consumer aad both carried oa la connection with any producer the carrier. It is because of a with possible trading of the' portion of the lack of economic nndersUddlng that . Allied Indebtedness against agree- we find capital and labor frequently menU tbat will lay a better foundaagainst each other. Yet each tion for, progreaa toward prosperity striving element la viUIIy interested In each must In Europe, positive agreements other for the .final snccses of the en. be made between, the Allies and tire endeavor In the farmer growing In connection with reparations a prime crop and- - getting a fair reto. be lived can will and np that turn; in the canner packing a palataA Loan to Germany ble crop and getting a fair return: In "A 'loan to; Germany of sufficient the carrier transporting without damf sise to ' restore ' her economic situa--. age or- - deterioration and getting a tlon and enable her to make progress fair return; In the wholesaler making toward paying reparations, and which a wide distribution and getting a fair came ahead of reparations, with, a return; in the reteller satisfying his aUblUsed Europe, would be abso-- '' customer .and getting a fair return: the re-- in labor aiding each of the processes lately good, and if made. quest and for the ; benent of the and getting a fair return; In capiui : European "Allied countries, ft could supplying the money ,and', eredltto make each process possible and'ger - .The conatajtLTrlction which baf tins a fair return. nd la the con ana ue lamer receiving a purenourlshlngrt ,, axlaUd between Germany ' . Allies because . of the - reparations dependable, wholesome health giving : eliminated. Confidence Article at a fair price. There ts this would b would be restored to the people of community of interest in the pro' Europe, whose badly shaken morale duction and consumption of human la probably the greatest obstacle In retirements' . that should "prohibit ; the way of accomplishment of those strife among the producing and con . for stability. ' tbinn aecessat-mminf element. J. H. Puelicber. t Ht tore , exlsU In the American President American Banker AssoO ' Ootarnment which would permit ne- -' ation. goUatlons such aa ihose outlined. But Gompera on Socialism the American Congress Is th servant ' , of the American people wbea the peo-ni- a 8UU socialism U repugnant to th choose to make.it ko. It Is con-- American mind - tor .a, great ..many celTabla that the effect of ait areuaed jeasonk! Americana generally prefer with :6 carve out the . future in freedom pubUo opinion orer. WVVVBM aw they are unwilling to accept tbeta Ides thi sute. It aeaa ef the world wouia cause f aa ' member of the new. American tirrftcao Idea that the people shall to express themselres as to i rder the state and hp IU c0ure: warrant the Administration tn under-uhia- g ' ot the, auto shall order the live aegotutlens tubject to later ; t W wiiK Btnng .them Into alette lallfieatloa by Congress." , ,i i baurrtulceard ttdax?" jn.'. ty- - I' Greatest Phonograph Sale ever held in Utah County. Factory Sacrifice makes possible n, Cut prices of One Third off the mahfactoiy figures means fir Wonderful Opportunities for Massa-chuaett- r flRf M" m Great Big Beautiful Columbia Graphonola -- t. dis-trlc- "BRAItEW, r RIGHT FROM FACTORY i;h . ii Three-Sprin- PlflBOI $5.00 Down stalments. tpj Nf I m - of Your Machine the Day You Buy the balance in Easy Monthly InEnjoy your machine while you pay if y I' And Get Possession ' No Waiting. Free Delivery forij. ACTUAL PHOTO This Beautiful Grafonola THIS WEEK, ONLY $65.00 Columbia Records "Merman" Hymns Special this Week has to be There every artist who can record Mormon Hymns. above all voices voice The fhe rendition. of a symnathetic understanding for this purpose was the beautiful soprano of.Lucy Gates. "We Thank Thee, O God, for a "O, Ye MouKtairis High" ItWt ' , Piano '. ANNOUNCEMENT Have Voir . Prophet" r J Ever Heard a Haddorff ' " "Come, Come, Ye Saints"" "O My Father" These records are special for this week take advantage of our offer. DftPin a cFl PPTifi VSiThe Columbia Records offer a biff assort- ment in the best and most popular music. near warnvj' uvugic aiiu v King Tut" and "Aunt Hagar Blues." ' " ' hi u t nickle-plated.",O- Ger-man- y r( Li Will Be Sold This Week any-Oa- ln-t- belr l- ) This beautiful machine is full cabinet size, staffding 3 feet 10 inches high and can in Red Mahogany, English. Brown Mahogany, American Walnut (satin finish) or had be k Motors plush cover turntable, and all exg Finish. It has a strong the metal of big features of this machine is Columbia parts posed 47 holds records that are automatically projected by which Projector Compartment cups, pressing a button. Slide casters, double doors to record compartment, four needle exother and many and Tone Columbia Patented reproducer tonerm Control, Special $65.00. costs you clusive features make up this beautiful Grafonola and it only forDuring this big sale the best Columbia Grafonola, with gold trimmings, which merly sold for $225.00, will beacrificed to you for $99.00. YOU CANT AFFORD TO MISS THIS WONDERFUL OPPORTUNITY! T1 t'IT 117 1 VT11 TTCITn TV VYITI1 UVKC1 VT"M7 IQ VAltl? PTIA'Wf'F.' the-offlc-ers m ACTUAL PHOTO . Original Factory Price $ 140.00 - Con-gra- ss You. zl Buy now . before they are alsold. . ' ' 8 o'clock by O. Leatherwood 'of Wash Mrs.-1- , jI it. email U weti as the it Thursday evening at -- Jrr' ifA.kAfl- ; msnts Bsttar World Business fop Amtrioa In Return for Credit - . aad Partial Debt Cancellation. PpAnAim ; , ' . An interesting meeting was held this afterndoftla-th- e Fourth ward Relief socrtety with the social ser- - " rice section m charge. To Provo and Utah County, we announce fhe agency of the SONORA TALKING n SONORA machines in console MACHINE. We have a large selection ot the SONORA has von a reputation The Room. Music and upright styles, displayed in our ; for its tone quality and beauty of design. Come in and see and hear them. We are in a position to show you the bestof merchandise in Pianos, Phonographs, and, all kinds of Records. . Special Music. Rooms are provided for selection of records and of machines. We invite you to visit our Musie Department. demonstration ' well-know- : ' - : -. , ,F'V : . EVERYTHING FOR THE? HOME IN OUR : FURNITURE DEPARTMENT FLOOR COVERING DEPT. HARDWARE DEPARTMENT v .. ' TCROCIvERYrjEPARTMENTV . PAINT- - DEPARTMENT INTERIOR DECORATION DEFT: V' PIANO DEPARTMENT IUSiC DEPARTMENT DRAPERY DEPARTMENT - - mmm si 'vav-;- ..v,i;. .....A'.l.:,.-- imir ; , The Tone of a Haddorff Piano is Wonderful : ONE PRICE TO EVERYBODY All merchandise marked af the' lowest price. No Discounts No Partiality Only One Price. The price on the tag is the price of the article to everybody. . The shrewdest buyer can get no better price on an article, regardless hi power of persuasion .or ' his financial bearing he pays the same price as your son if he were sent to purchase the article. WHERE THERE 13 MORE THAN ONE PRICE .SQjiBf Nj PAYS TOO MUCH. . |
