Show TRUE LOYALTY DISCUSSED help the tha horns hom merchant that he way may help you R OWN TOWN you cannot get along without him any more than he can without you meo alen are the producers of that which they expect to consume but in part jf if at all their choice as to what they shall produce has ceased to be governed by their wants and Is de determined ed almost wholly by their abi abilities lites and aptitudes aptitudes they produce that which they can produce to the best advantage let who will eat drink or wear it they look to see their own wants satisfied by others all producers bring their products or that part of them w which the they do not wish to consume to the market from the market the producer now becomes a consumer carries away that which watch he is to eat drlak drink or wear in the tee market exchange is carried on the economic function of exchange is to bring the producer and consumer together and thus allow the division of labor to be carried on so that production will be increased to the maximum the division of I 1 labor beas no virtue unless it increases production exchange is worthless it it il 1 does not allow the division of labor to be carried out in its function of baingi bringing ng consumer and producer together it essary the introduction of a medium which will facilitate the transact medium is mosey every community corn mua I 1 t 1111 a afa L L 1 v f ati i medium to carty carry GA 00 Us its exchange to facilitate the coming together of producer and consumer in this transaction there must be a place where the goods are bought a place ot of distribution it there is not a man who wants wheat must hunt around until he be finds a man with wheat to sell this man must look around again for one who has so something methin which he needs and halt our time would be taken up in finding it a place where we could buy what we must consume this place of distribution is furnished us by the merchant he fe Is the middleman middle man who for a slight compensation offers to bring all of these goods to a convenient place and allow us to continued on oa page four true loyalty discussed Dis cusse d I 1 continued from first page have them by paying him a slight remuneration for his trouble the merchant is a necessity he is a public benefactor and should be and must be satisfied to carry on this transaction the merchant takes the medium of exchange money from the consumer and hands it to the producer retaining interest for his bis work to do this work he must build a house furnish it hire clerks to sell the goods and men to carry them to build his store lie he must have carpenters masons and other tradesmen in return for their work he gives them money with which to satisfy their demands they in turn take this money to the butcher the baker the miller and a number of other producers or mid mid dle men these again out for I 1 labor hundreds of men and boni women en are thus given employment and furnished with the necessaries of life remove however the medium of exchange and what is the result the merchant has no money to pay the producer he needs no clerks as he can buy no goods and can employ no labor these clerks have no money with which to buy the producer produces but a small part producer and consumer together to sell but there is no one to buy the producer has no money ile he can not buy a stagnant market is produced there is plenty to supply the demand but no way of bringing oro producer dicer and consumer together the result is bad times poverty and even famine anything which injures decreases or in any way upsets the medium of exchange impoverishes the community ity and ti tends to create a famine every dollar you send out of this town to a chicago merchant for goods decreases the cu currency frency of this city and not only injures our home merchant but also injures you personally so every dollar you send out of this city takes one dollar out of tile the general circulation and decreases every mans ability to pay its his debts it if YOU yoli send one dollar to chicago it remains in chicago if you give a dollar to your home merchant he in turn pays it to his clerk cleric tile the clerk turns it over to the coal dealer the coal dealer owes the butcher this dollar settles the debt tile the butcher does not keep it long but turns it over to the cattle man and he in turn gives it to the herder the herder needs a suit of clothes and straightway he goes to the clothier and hands him the dollar the clothier anxious to get more trade goes to the newspaper office and pays the dollar tor for an advertisement and the dollar goes another round in one month it has paid one thousand chousa ad dollars worth of debts whereas had bad it been sent to chicago it would be in the hands of the merchant king and thus local debts would still remain unpaid i w prosperity erity depends upon the rea tidiness alness of the consumer and producer pio ducer to get together and exchange their products the exchange of products is facilitated by money it I 1 aou ou take this money out of the circulation cu it has the same effect on oil business as taking the blood out of the veins of a healthy man it kills hills it no matter how cheap goods may be anywhere else it pays to buy at home even it if you do have to pay a little more for them you get it back in quality and fit are on the spot you can make your own selection dont bleed your own town by sending money away be true to your own home and support it if yo you u want to patronize a chicago merchant go to him for I 1 ork while you live in brigham support your home merchant that he in turn may support you keep keel your own fowzi bu sy spending dang i y every ev ery cent yo you u have to spend with your own merchant your own butcher your own tailor and deposit what you have left in your own bank and there will be no necessity of your sons and daughters going away from home to seek employment aind nd perhaps to be led astray by the fascinating and degenerating life of a large city THOMAS H GLENN prin of high school |