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Show Y 8 tWWiy Bingham Branchl I Y7 468 Main Street j l Phone 422 1 SERVICE WgeS I XS"A'V;' f " - - - 11 1 Tb'.Me The FASHION SHOP l,tz Take advantage of the big bargains offered. The SALE wont last forever. HATS as low QQ SHOES as dj QC COATS as tfn QC DRESSES tfo QC low as as low as yOmVo li iL prsprpT Respect for the wsnes of all . , TV concerned characterizes our fjtwi qU'e e fic'ent service Just I jP wish. You can depend upon us OTonnell & Co. JOHN STAMPFEL, Local Manager. Funeral Directors and Embalmers BINGHAM CANYON, PHONE 17 Main Office, Salt Lake City. Phone Wasatch 6461 I Associated Lumber Co. I BINGHAM YARD Successors to Canyon Coal & Lumber Co. 3 d ANNOUNCING xx Xx x - x x that it is our intention to live up to the well established reputation y of our predecessors and improve on the service rendered by them in J f every way possible. The fact that we are backed by one of the biff- - J" - X X X x gest wholesale lumber concerns in the Inter-mounta- in West, is a xx - ' strong point in our favor. In buying for our numerous yards, we jl x x "Z are enabled to get the best to be had at quantity prices and our j-- x patrons participate in these savings. x x x We Handle The Well Known CASTLE GATE COAL X x' celebrated for its high heat and long burning qualities as well as for xx xx burning up clean, leaving little waste. Let us fill your coal bins while xx ' the roads are good and before the price goes up. x ' ' X X C 34 Main Street Phone 80 "C K ; MURRAY j LAUNDRY ; WE USE II ' ARTESIAN WATER jj BETTER THAN THE BEST j "NUFF SAID" i: I Phone 9S 84 Main Street I George Streadbeck f I i Local Agent . j Sufferers From Rupture Will do well to call on. me and get the bene-fit of my personal experience with the best appliance ever made for the relief of human-ity. J. A. Boughan 470 Main STOP AT THE Modern Hotel Neat, Clean and Home-Lik- e 530 Main St. Phone 170 New Wasatch Hotel "Sunshine in Evjery Room" , For accomodations like home, Stop At 78 West Broadway Salt Lake City 1 PRESCRIPTIONS 1 Have your prescriptions filled by a registered phar --C macist. We know how. "x Prescriptions filled day or night. ' SERVICE AND PURE DRUGS Our Motto , Agents for the Popular " Orthophonic Victrolas and Victor Records x" s The very latest creations of records are always to be I--x found here. Yours for service Z I UNITED DRUG CO. 5 Copperfield Phone 77 . J fPNANOWOMCN ! ! ' :; FOLKS WHO HAVE GOTTEN 1N--' TO THE HABIT of purchasing their meat supply of us are enthusiastic In their praise of the quality of our stock and of the expertness we show in the de-livery of the choicest cuts of meats- - to be found anywhere. BINGHAM CANYON MEAT CO 402 Main St. Phone 5 - . , COMMUNITY CHURCH Russell R. Kletzing, pastor, ' 237 Main Street Church school 9:45 a. m. Morning Worship 11:00 a. m. Epworth League 6:30 p. m. C. K. U, U. 6:30 p. m. Song Service 7:30 p. m. Study Class, Tuesday evenings at 7 o'clock. Sewing Class Tuesday afternoon Junior League Wednesday, 3:30 Primary Department-Thursd- ay, 2:30 Boy Scouts, Trop No. 1 Fri. 7:30 COPPERFIELD Sunday School 1:30 p. m. HIGHLAND BOY Sunday School 3:30 p. m. Sacrament Meetings, Sunday, 7:30 p. m. Sunday School, 10:30 a. m. Primary, Monday 3:30 p. m. M. I. A., Monday 7:30 p. m. Relief Society, Tuesday, 2 p. m. Religion Class, Wednesday 3 p. m. Priesthood Meeting, Friday 7 p. m. Copperfield Sunday school at 10:30 a. m. Everybody cordially invited to at-tend. CICCKCOC)0C00Cv U. S. CAFE I ? Under New Management Q A WE SPECIALIZE IN CHINESE DISHES 0 i NOOLDES AND CHOP SUEY OF THE BEST A SPECIAL SUNDAY CHICKEN DINNER f fi Our Regular 35c Dinner is the Best in Camp v ? Next Door to the Bingham Mercantile Co. j JOE CHOW, Proprietor Would you like to learn: Spanish? Write to J. R-- LEGO, TJm- - of Utah; Salt Lake City, Utah. Dr. L. Wallace Jensen DENTIST Rrom 2, Modern Hotel Hours 10 to 12 and 2 to 6, other hours by appointment FRESH FRUITS AND VEGETABLES Direct from the Utah Markets Our trucks operate from the Source of supply daily WE OFFER THE BEST ON THE MARKET CALIFORNIA FRUIT CO. Phone 239 FOR SALE One of the best little stores in camp Fully Equipped, $400 Cash Apply 524 Main Street very market. It is readily tested, stored, preserved, divided, transport-ed. Moreover, there are the goM re-serves, maintained for the very pur-pose of conversion and tor no oilier and available cn demand. "From oae of Mr. Edison! author-lie- d statements, however, It seems that his plan does not provide for Federal Tobacco notes, Federal Fish notes and the like. In fact. It provides for no new kind of money whatever. No matter what commodity the farmer deposits with Federal agents, he takes his mortgage certificates to a national bank and there exchanges It for Fed-eral Reserve notes. They are just Ilka any other Federal Reserve notes. "Very well. If there Is nothing more than this In the much-discusse- Edi-son plan tor a commodity money that Is sounder than gold money this pari of the plan vanishes Into thin air. The Edison money is not sounder than Cold money, for It is gold money." BUSINESS CHAOS IN EDISON-FOR- D MONEYSCHEME Expert Shows How Commodity Money Would Make Worse the Evils It Aims to Correct. MEANS SPECIAL FAVORS AND ADDITIONAL TAXES Would Open Way for Political Med-dling With Business and Compll- - cate the Conduct of Trade and Finance. u Tbe weaknesses of tbe Edison-For-commodity money scheme to abolish tbe gold standard and do away with monetary Instability, Interest charges and speculation in farm products are exposed by William T. Foster, Direc-tor of the Pollack Foundation for Economic Research, In an article In the Proceedings of tbe Academy of Political Science. He shows that the only result of the plan would be to aggravate the evils It alms to cur. There Is presented herewith tbe first of a series of articles, prepared by the American Bankers' Association, re-viewing Mr. Foster's argument The plan provides, Mr. Foster ex-plains, for government built, owned and controlled warehouses, to which producers might bring basic commodi-ties raised on American soil, on which they wish to borrow money, A gov-ernment agent would grade the pre ducer'a goods and band him two pieces of paper a mortgage certli-cat- e and an equity certificate. The Edison-For- d Plan The mortgage certificate ceaM wa exchanged at any national bank for Federal Reserve notes up to 60 per cent of the average value of the goods for the previous twenty-fiv- e years. In this way the producer would obtain a loan of money without Incurring aaf expense for the use of the money and he would still own the goods. "His equity certificate Is bis evi-dence of ownership," Mr. Foster says. "He may keep it, sell it or present it at a bank as security for a loan. He or anyone to whom he sells It can pre-- , sent it at any time within a year, to-gether with tbe exact amount of mon-ey that has been loaned, and receive the goods. , "If the goods are not removed with-in one year the Government must sell them and thus get back the money it has loaned. This Is to prevent an ac-cumulation of goods and to make sure that the money will be As scon as the farmer repays the loan or the Government sells the goods an amount of money la de-stroyed equal to the amount that was advanced. This. In all essentials, is the Edison commodity-mone- plan. More Taxes "Most men will be impressed by the fact that it involves additional taxes, additional corps of political appoint-ees and a vast extension of govern-ment control over industry. If tbe special privilege of borrowing mon ey without interest is really a boon and la granted only to certain groups of producers, tbe list to be changed from time to time, somebody must de cide who are to be the favored groups, and whether that somebody is Congress or Federal warehouse direc-tors who are subject to partisan Bp pointment and remaval, the question who is to receive free money will un-doubtedly remain In politics and will recurrently become of great moment as election day approaches. "Mr. Edison contends that his com-modity dollars will be sounder than gold dollars because 'there In the warehouse lies the actual wealth, the things we eat and wear and must con-sume to live.' At first, he says, only a few basic commodities are to be ac-cepted, such as grain, cotton, wool, rice, legumes, fats, flax and tobacco. Manufactured articles, he warns us, will not be satisfactory for this pur-- rtnoo "If, then, a warehouse full ot tobac-co guarantees the soundness ot the notes Issued against it they must be redeemable In tobacco. Tbey are, in fact. Federal Tobacco notes. Tbe plan must provide In like manner for Fed-eral Flax notes and so on. Further-more, there would have to be as many different kinds ot tobacco notes as there were grades of tobacco. Every-one who used money In exchange would need to have at band tbe latest market quotations on all products ac-cepted for storage, as they approached In market value the established loan value, in order to estimate the relative values of different kinds of dollars. Salt Cod Notes "Everybody would have to observe carefully whether he had Grade A Kippered Herring notes or Grade X Salt Cod notes. If there was a strike of bituminous coal nlners he would hoard Bituminous Coal notes. If there was a Blump In cotton he would try to get rid of Cotton notes. "Consider, on the other hand, the simplicity and definiteness of a gold secured dollar. All the world knows precisely what is meant by the con-vertibility of a paper certificate into gold. All the world accepts the golii In exchange. Its value is known in BANKERS. CAUTION AGAINST INFLATION By J. H. PUELICHER President the American Banker Association A recent meeting of the Executive Council of the American Bankers As-sociation, attended as It was by rep- - resentatlve bank-ers from every state In the Un-ion, afforded an excellent oppor- - tuntty to get a composite view of the business situation In tbe nation as a whole. Representatives of irrlinltnr J. H. Puellcher were present at the meeting. They made It clear that the upward trend of affairs In business bad not yet reached the farmer and that his posi-tion of having to pay a relatively larger price for what be purchases ai compared with that received for what be sells should be given the most thoughtful consideration. There were also present men fresh from observing and studying condi-tions in Europe. While they lent en-couragement to the belief that Euro-pean affairs are slowly very slowly rlehtlns thpmselvea. there la in the feeling generally expressed by Ameri-can bankers a distinct note of caution. Questions of the Hour One hears the questions every-where asked: "Are we going to per--, mlt American affairs to ride again Into a situation .of extreme Inflation, which will, as we all know, be fol-lowed by another period of depres-sion? Had we not better keep busi-ness on a normal keel by not going too rapidly? Should not the banker be sounding a note of warning to busi-ness men generally to keep their af-fairs well in hand?" The charts indicating the trend of business show that we are approach-ing the high point which followed the war. This should be the signal to tbe conservative business man that ex-pansion must be definitely controlled and that reasonable conservatism should be tbe order of the day. To many this may appear the pes-simism of the banker, but let me say that the banker Is In a position to keep bis finger on tbe pulse of our economic situation, and when there is such a consensus on the part of many bankers that we are passing the safe-ty point and that we are riding into another period of Inflation such opin-ion should not be looked upon as pes-simism, but rather as the advice of those whose business can prosper only as there Is general prosperity. The banking situation In America Is sound and can only be harmed by un-- . due credit expansion. The banker should see that expansion does not again gain tho headway that led us Into trouble before, and the business man should do everything possible to support the banker, thus avoiding an-other period of costly deflation. Socialism's Worst Blow One of tbe most remarkable In-stances in history ot the abandon-ment of a great belief Is presented by Premier Mussolini of Italy. Formerly a rabid Socialist, he Is now, with tbe responsibilities of state, so thorough-ly converted to sound business prin-ciples that he speaks of the present order under "the glorious name of capitalism." Mussolini, who In man ways represents tbe hardest blow So-cialism has received, recently said: "It Is my conviction that the state must renounce Its economic func-tions, especially those of monopolistic character 'that a government which wants quickly to uplift Its own peo-ple must give free play to private en-terprise and forego any measure of state control or state paternalism, wb(ch may satisfy demagogy, but, as shown by experience, will turn out to be absolutely fatal to the Interests and economic development of a coun-try. I do not believe that that com-plex of forces which In Industry, agri-culture, commerce, banking and transport, may be called with the glorious name of capitalism. Is about to end, as for a length of time It was thought It would by several thinkers of social extremism. One of the greatest historical experiences which has rn'olded Itself under our own eyes has clearly demonstrated that all systems of associated economy which avoid free Initiative and Indi-vidual impulse, fail more or less y la a short lapse of time." |