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Show THE PAYSONIAN, PAYSON, UTAH, JULY 29, 1921, ADVENTURES WITH AMERIGANDOLLAR Writer Tells Some of His Expe- rienccs With Exchange in 1 8 Foreign Countries. ' CKILMAN MAKES IT CLEAR One Little Transaction in Exchange Nets Traveler 700 Per Cent at HarGold Coin at Peking, If Sold, Would Upset the Fi- bin nancial System. Washington, D. C. Variations In currency exchange rates have uut only a broad economic signiticanee hut also an extremely personal pertinence to the traveler. Maynard Owen Williams, who has just returned from a trip through IS countries to compile information and collect picture material for the National Geographic society, relates some of his experiences with exchange as follows: is only in times of extreme stress that the average American considers the cart wheel and the greenback as commodities much like flour or madras shirting, but for most of the world foreign exchange is a vital matter every day In the year. When it takes 20 silver dollars to buy an X and a V In Budapest, It sounds like a fairy tale to the man who stops to think it is Uncle Sams own currency which is treated in this manner. But the Chinese keeper of an exchange shop makes It as plain as day. A Chinaman Makes It All Clear. You walk up to his open counter facing the sidewalk and ask him how X much American dollars are selling for this morning. Tins morning, price very bad. My no want em. No man want to buy. No steamer leave today. Saturday big steamer leave for Merica. can give you more better price. "During the attempt to reseat the hoy emperor on the Chinese throne in tlie summer of 11)17, a money changer In Hankow sold me some Peking notes for 20 per cent of their face value, asserting that I could get full value in Peking, if I ever got there. I was on my way to Petrograd and had to get my passport amended in Peking, so I took a chance on $25 worth of Peking notes issued by the Bank of Communications which cost $5 in Hankow, the railway service between the Yangtze port and the capital being interrupted at the time. Transaction Nets 700 Per Cent. "Most of the money I spent at face value in Peking for government telegrams, but as I was leaving I Invested a few dollars Jn Chinese,, postage stamps. At Harbin, where the Chinese and Russian post offices competed, I trusted my letters to the Chinese post because of a censorship on Russian mail, and instead of buying Chinese stamps in Russian currency at a high exchange rate, I affixed stamps which I had bought in Peking whh Chinese currency that was de 'it based in Hankow. My profit on the transaction ran over 700 per cent. "Certain firms anil mission hoards in China are in the habit of guaranteeing I heir workers a rate of at least two Chinese dollars for every gold dollar in their salary. Otherwise a gold salnry. would he subject to a decided variation since Chinese dollars In 1015 re worth only 40 American cents, and In 101 S they were worth nearly n dollar. Under this arrangement ?f one American corixiration were sending home more money each month than they received as salary. Two hundred dollars a month, converted at two to one would bring foui hundred Chinese dollars. For 220 of iliese the American could buy American exchange for $200, and he would have 180 Chinese dollars to live on. "Consular officers get a guaranteed rate of exchange. Military officers get their pay and allowances at the days rite. In Peking, during the war, a com 'nr clerk earning $2,000 a year, i 'i he as guaranteed a rate of ii $2t0. was receiving more money than a lieutenant colonel, who was getting 51.15 for hYk money. A Bureau of Standards In Money. "In the office of the American military attache in Peking, there is an American gold piece, whlph has been priced more often than a r pair of 1912 shoes. The officers were being paid the day's rate, which was then about $1.10 Chinese money for an American dollar. But ueituil gold was worth 50 per cent more. The officer rightly insisted that ids men were being paid in a debased currency and insisted on receiving a hainnoe to bring the salaries up to the rate for actual gold. Hence this solitary gold piece was taken around to thg exchange shops every month and its value ascertained, but if it had been sold it would have upset i he financial system, for the Chinese, rendy enough to offer a price for a specific coin, refuse to quote prices on theoretical ones. It Is no wonder that there Is confusion In Chinese exchange with foreign currency, for there is a varying exchange rate among the 18 provinces themselves, and the Yuan Siiih Kal silver dollar is the only currency on which there is no exchange when crossing a provincial boundary. But that doesnt mean that it has a fixed value even then, for the value of a dollar In smnll currency Is constantly changing. "A silver dollar when exchanged foreign store, contains 100 cent!. Thus if one makes a purcl ase at a Shanghai department store, he ,,eis bo cents change, which seems fair enough until one discoers that at an exchange shop one can get 11 dimes and 3 cents for each dollar. When he changes one of the dimes, he will get, not ten coppers, but 11 or 12. So that the price of a dollar in coppers runs from 130 to 140, instead of the seemingly logical 100. "This state of things gives rise to the Oh, by Hie way habit. Foreign stores will accept up to 50 cents in small money, but more than that amount must he paid in big money. A woman under such conditions develops a poor memory and yields to sudden impulse. She buys sometiiing for 50 cents und thus completes the transaction. But before she leaves five-doll- hold-ove- ' 20-ce- the counter, she sajs Oh, by the way mid purchases another 50 cents worth Ihus keeping a dime and two or three The store gets coppers for herself. its money hack by' returning seven dimes as change for a purchase and thus makes Its Income look, uot like 30 cents, but like 44 to 50. Trip Coat $200 Lasa Than Nothing. In Tlflls, in the spring of 1918, the rouble was selling at 15 to the dollar. I bought 6,000, for there was no telling how long it would take to get out of Russia at that time. When I reached Vladivostok, some weeks later, the Japanese were preparing to send au army Into Siberia and were buying up roubles. The rate there was C.35 roubles for a dollar. I traveled from the Caucasus to the Pacific and took nearly two months to do It, and when I changed my money at the end of the trip, it had cost me about $200 less than nothing. The professor with whom I had traveled for several months in Russia and Turkestan had converted all his gold into roubles before leaving America, and had been spending roubles that cost him 30 cents each which bought no more than those 1 had bought in Tillls for 8. On my recent trip to India I expected to cross Persia on my way from Eastern Europe, and since American gold had been worth four times as much as American paper In the Persian bazaars In 1918, I carried a small hag of gold with me. The trip across Persia proved Impossible, and It was not till the eve of salting for home that I sold some of the gold which 1 had carried for thousands of miles, and which hud caused me endless arguments at nearly every boundary. Most of It I paid to the United Slates customs on my arrival, after having carried it for ten months, pnd u bun There were dred thousand mlleg. only two times on the trip when I could have sold It for as much as I could get for a letter of credit. Prefer Letters of Credit. I have never heard of anybody making money on exchange by accepting expert advice, and I would never want to offer It to anyone. But when 1 leave American soil again, all my money is going to be invested in a letter of credit and enough travelers checks to help me out when I want only a small sura. Boundaries reduce currency in a way that alarms the traveler and an American letter of credit Is fixed at any point where there Is a bank. In the varying prices that one can get when merchandising his American currency, the gold coin sometimes wins, the silver coin sel dom, and the greenback most often. But in the 18 countries I have jusi visited, my letter of credit heat every other one of the many ways I carried my money. Once in a while fortune smiles on the traveler. Last December, In Bombay, 1 tried to cash a Colombo draft. The bank could not quote a rate and sent It to its Colombo office, advancing me such money as I needed in the meantime. A week later, In Karachi I received the balance of the amount There had been bookkeeping and tele graph charges. But the rupee had de creased in value during the time ii took to complete the deal, and the re suit was that I received nearly two hundred more rupees than I would have had If the draft had been marked Bombay Instead of Colombo." EVERYTHING !lf:LF THEY HAVE IN We Hope Bo. DAYS WORK Teacher And what was Nelson's Woman Deputy U. S. Marshal farowell address! Brings Confiscated Airplane From Bright boy Heaven, maam. Greeley to Denver. London Mail. Denver. Miss Lola Anderson, twenty-four years old, pretty, daring, and Handicapped. also first and only woman deputy United States marshal, volunteered to The camel can go eight Johuny bring a confiscated airplane from without days suiter. Greeley to Denver. So could I if nra would Freddy This Ir one of my pluckiest aids," Harper's Bazar. said Marshal Burris, and I wasn't let me. when she volunteered for surprised The Materialist. the Job." The plane was confiscated by prohiWhat would you suggest for our bition officers at Greeley for carrying asked Mrs. contraband liquor. Eddie Brooks, Its literary club to road? Flubdub. was Greepilot, put under arrest at , A good responded ley, and volunteered to pilot It hack to Denver, Both pilot and plane her brutal husband. Kansas City were in custody of Miss Anderson, who Journal. brought them here. Leisure is what only rich peoplo have in this country. It is also the nnmo of the place where married ' Bone From Leg Grafted peoplo go to repent. Into Backbone of Boy Only TO ABUSED 30-ce- Brother and Sister in PETS Kansas and City, Kan., Give Money Time CQSS, All in Humane Work. hm CATS Are Tenderly Little Bowered Out of Their S.ek to PARROTS Cared For In the Cottage and Put Misery if Too Recover. Kansas city. Mo. Would you be willing to give more than half of your modest Income to make life less rigorous tor siilTering or neglected animals! Such Is the sacrifice being made by Miss Saralt and H. 11. Jacobs of Kansas City, Kan., across the river from here. And it is no mere passing hobby, they have been doing this for the Inst quarter century. The Jacobs are nationally their known-fo- un- selfish work. Living in a little cottage, surrounded by rose bushes, bird houses, flower beds and fruit trees, these two have i cook-book- t Every member of organized labor should tako a pride in liis union card, and he should live up to it and what it is supposed to represent. And it should represent chnraeter, sobriety, manhood,, intelligence, honesty nnd competency. t Anaconda. Mont. With a piece of hone six inches long tnk-- t en from Ids left leg and grafted Into a hone of his back, Eugene t McHugh, aged 5 years, returned j from St. James' hosnltal, Butte, ! to his home In Anneonda. The J hoy suffered Injuries which de- veloped complications and de- manded the operation, which performed by Dr, E. F. with apparent success. consecrated their lives to ameliorating the hard Ups visited upon mans often neglected and abused companions. 11. II. Jacobs provides the Income Lwns hy working ns a bookkeeper on the Missouri side, while Miss Sngah looks after the home ami its numerous pets. An After-Wa-r Picture. And there are many dogs in the The French paper Oeuvre publishes Jacobs home- ten dogs, two score a hit of humor with a- - picture which cats, and two parrots. The care of may lie the best of its kind since the these pets, however, represents only a World war ended. minor part of the activities of the Five children are playing. One boy two workers. Both are officers In the Is cutting n cake Into four pieces. Wyandotte County Humane society From a position somewhat aside anand labor incessantly to benefit aniother hoy, dressed In soldier things, mal life through that source. With protests, Isnt there any for me! all this the Jacobs are not unmindful "You?" replies the divider: why of the needs of unfortunate children, youre nn man." Christian and even adults of their city, as they Register. are active In the Associated Charities. Miss Sarah, who was found at home A Windfall. busy with her charges, said that her A couple of Chicago youths met on first Instruction In humane work the street one day when one made the was when she was a little girl and following announcement : hot father taught her that it was just "Well, Harry Harkins uncle has just as easy to stop around an anthill as died and left him a lot of money. Hurto crush it with her heel. ry always said that his ship would Chloroform to Diseased. come in some day." While thoroughly orthodox in their "Yes," said the other youth, lull theology, the Jacobs believe firmly he didn't expect an heirship. that most of the sin and suffering In the world has followed mans habit Forgot His Learning. of killing and abusing animals. "Ive just heard Professor Diggs de There Is nothing mawkish about scribe a baseball garni lie saw the othMiss Sarah, their views, however. er day." as president of the Humane society, Did he appreciate its fine points?' hunlias personally chloroformed "I should sny so. I never realized dreds of diseased, deformed and homebefore tliqt a man with a scientific less animals. mind could react to a run like It sometimes Is expedient, she an ordinary human being. said, "to remove them to avert furWhen ill is necesther suffering. Talked to the Pont. sary to put an animal to sleep, I alI dont think Mr. Bunker Is much a word utter of ways prayer, taking of a observed Miss conversationalist, full responsibility for the act." Elder. Most of the pets In the Jacobs home Well, he came to me last r'glit," have been brought there hy persons Miss Young, ns she carelessly replied who have found them suffering In the n new ring on the third finger streets or were too poor to look after twirled her of left hand, and I found his them. Many carry a story of human conversation quite engaging. a with sometimes nterest, tragedy. There is Cinderella, who has been brutally wounded. The Jacobs decided Making Sure. o chloroform the animal to relieve Its intense suffering. Finally it struggled aftor Visitor (in early morning over to the open fireplace and curled week-end- , let to chauffeur) Dont up in the warm ashes. Soon it showed train. signs of rallying and they concluded It me miss my No danger, sir. Missus Chauffeur should live. It did recover. The Incident reminded them of the fairy story said if I did, it'd cost mo my job. of the little girl sitting In the ashes Life. and who later was aide to wear the glass slipper, and the spotted hound We dont like to antagonize Sam became Cinderella. Gompcrs or organized labor, but must Miss Jacobs told of a cat that saved suggest that tho eight hour laws be their ll ves. A leaky gas jet had filled suspended in order that the foolkiller, the house with fumes while they slept. who is way behind in his work, can Hie cat mewed In vnin mid finally in double shift and catch, up. put leaped upon the bed and scratched Miss Jacobs to a waking position anrjt a realization of their danger. EARLY & EARLY, Cats Interesting Career. Doctors of Chiropractic, Yarrow, a cat with an interesting career, was named after Mary Craige Over Wightman Supply Company, Yarrow, a rioted humane worker of Main Street. This cat once was a Office Hours from 10 to 1 Philadelphia. The hoy and 2 to 6. companion to n little hoy. died and on the night of his funeral the animal was carried away and locked in a freight car hound for Arkansas. A fortnight later the cat reG. F. TILS0N. M.D. turned home nearly starved. The YSKTAN and SUwi'mia to the took Jacobs it Ill mother boys Ijc About (he only excitement thoro is going on in Mexico just now aside from diplomatic correspondence with this country is morning, noon nnd night. CLASSIFIED COLUMN Advertisements in this 'column inserted at tho rate of. 10 cents per line each insertion. Count Bix words to the liue. PIE CHERRIES . FOli Mrs. Vina Tervort. SALE. . Bee 15-lt-- p FARM WANTED. Wauled to hear from owuer of a farm or good land for sale for fail delivery. L. Jones, Box 551, Oluey, 111. HOME FOli SALr,, rosonublo. brick house, garage, fino orchard and garden. One half block from Main street. Inquire Iuy-b- o iiian office. Six-roo- WANT TO LEASE, with privilego of buying, Power Boring and Drilling Machine. Must bo in good workAddress L. T. Mann, ing odor. Box 82, Goshen, Utah. 8 2tr. FOli WALE lndiuu motorcycle with side cur. Lncvrolct 1 ton Also, truck. Elmer Cloward ut Whulcr garage. 24-tf-- c WE CAN use a number of dressed chickens every week. WLawborry Hotel, Payson. PROVIDING PRICE IS RIGHT, will buy six or seven room modern home. Prefer location west of main street and south of road runMust ning west to Sugar Factory. be new. Give best price, terms, A. A. description, and Lotion. Nelson, Enterprise, Utah. EARLY ANNA AND - JOHN BAER tomato plants for sale A. B. Thomas, Spring Lake FOR WALE. One of the Best Business Corners in Payson, 78 feet Frontage, 111 3 4 feet in' Depth, with right of way in ths rear. Property embraces throe business houses and Modern Residence, except furuace. Inquire at Payson-la20-tf-- e. Office. WEUOND HAND Wix Cylinder Buick For Walo. New Newly Painted. Tires. Excellent condition. Bargain. Whuler Motor Co., Payson 20-tf-- c TUACTou WORK. 1 am prepared to do all kinds of tractor work, belt or drawbar. Lyman Knpple. , A pipes a pal packed with P. A.! Seven days out of every week youll get real smoke joy and real smoke contentment if youll get close-u- p to a jimmy pipe ! Buy one and know that for yourself 1 Packed with cool, delightful, fragrant Prince Albert, a pipes the greatest treat, the happiest and most appetizing smokeslant you ever had handed out! You can chum it with a pipe and you will once you know that Prince Albert is free from bite and parch! (Cut out by our exclusive patented process!) Why every puff of P. A. makes you want two more; every puff hits the bullseye harder and truer than the last ! Y ou cant resist such delight ! Prtfie Albert old in toppy rad hog a, tidy red tins, hondaomo pound and half pound tin hufhidora and in t ho pound cryatal glaaa with humidor moiatonar ponfo top. copyright 1921 by R J. Reynolds Tobacco Co. W lus on Salem. N.C. the national joy smoke . NOTICE TO CONTRACTORS f Bids for the construction of a frame four roomed teachers residence ut Genola, Utah a ill be received at 7 Main $ the Board of Education of Nebo Payaon, Utah School District, at F'ork, Spanish Utah, until 7:30 p. m., August C, 1921. Plans for the building may be scour the crave of Ilernmno (Mexican for ed from the Clerk of the board (it. Hermann in the family. brother), long A deposit fee of Spanish Folk. DR. J. H. ELLSWORTH had saved Miss Jacobs life In Texas 85.00 will be required for the e DENTIST when a big rattler was about to strike O ce over Bank, sot of plans and specificaof Ut. each Payaon, the snake her. The dog pounced upon ' 1 to 6 9 Office tions, ami will be forfeited, open and received dhe poisonous bite. He 4s Phone Hours,Rea.to 12; 103-- J 4$ failure 23. Phone to return with a bid on oiU became blind, but lived tnan.i years. .it, si, si. si. A. aL. aL J aP. It t W jl before tho time set p for opening of Asked about the cost of pursuing All bids to be subnd1 ed on bids. their humane work, Mis Jacobs said forms furnished with the plans it amounted to $OK or $7' mi a year. A cashiers check on me of the .She insisted, however, that ibis did DR. L. N. ELLSWORTH local banks in the nmoont o f not not constitute a sacrifice, that they deDENTIST let- than 5 per cent of I he total rived pleasure from it and preferred and made payable to (lie Board of bid, to spend their money In this waj, even Office, Payaon Exchange Barings F.ducation of Nebo hoot district, if it forced them to give up main Bank Building. must accompany each bid, and will comforts. be forfeited to the board in case tho contractor given aw aril fails to Hamburg Trade Grows Fast. Member's of the Liver enter info a satisfactory contract for Jvorponl. J the performance of the work with a Steamship Owner- DR. L. D. PrOUTB o have been In Hamburg reeentli bond, within fisc days satisfactory DENTIST from date of award. they were struck with the rip'diti Over Wightman Supply Company, h wlthh that port Is room orinp The Board reserves the ri"ht to acMain Street. reeen Made or reject nnv or all bills. especially duilts" cept Office Hours 9 to 1 and 2 to 8. and the extent to ' lei Ii the nth Board of Education. Nebo District. Saturday, 9 to 1 Only, de is Leiug carried by American Bv W. A. COKNABV, Clerk. Office Phone 13. Rea. Ihome 80 Last publication. Almost 5. 1:121. home. Some of the animals of other days, especial favorites who had earned some mark of distinction, are hurled In I he There are n flower garden. markers, save a stone border around at Residence Phone Street Office u.-- D- Say, you go on and stock up with a pipe and some Prince Albert and get to talking turkey in real and true smoke language! KAPPLE LIVE STOCK FARM for sole Duroc Jersey 1igs, three mouths old. Also pig for . Juno doh very. Team of horses. One mule. Address Box 211, Payson. Offers . |