Newspapers / The News & Observer … / Dec. 25, 1920, edition 1 / Page 2
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t - NEWS AND OBSERVER, RALEIGH, N. G. SATURDAY MORNING. DECEMBER 25..! 920. OUIUNES FUUHF CREDIT TO OPEH UP E' President of American Farm Bureau Federation Offers Credit Suggestion APPEARS BEFORE TWO SENATE COMMITTEES Would 8eH American farm Pro. duct! By Handlinf Securi ties of foreif n Countries Through War finance Cor. ' potation; Hardinf Bug rests BUI For Agricultural Loans Waahihgton, Per. 24. Opening tha markets to Kussia, tinrm.iny an of other foreign eountrit-s to Ameri can farm product! through the hand ling of seeuritle Vf those nation by the War t'inanre Corporation was ug treated by J. H. Howard, president ) .tha American Farm Rureau Fedeirtioh today to the Nenete agrieultural aail tanking committees. Mf. Hnnsrd's plan, a outlined to th tiro committee in joint session, would provide (or the extension of eredlt hy having audi securities aa foreign eoua tries might be able to give for th purchase of Am prim a farm product handled by trie War Finance I orpora tioa either throw nil selling them Amerieaa investors or by issuing ri Dentures baaed on ouch soeimties. M Howard emphmised that hi plan did net Involve putting the treasury behin sueb credit". Aa to fitranai. In the eaac-wf 'Urrmany, the,-Farm . Bureau Federation head suggested tha the American frfdit be mlrflc a firat lien on all the resource and income of that country hy taking priority ore the Cld inn of th allie for repaaa tiolts. Hurh a atep, he paid, would be possible under the Versailles treaty and the only thing necessary would b to obtain the consent of the allied gov eminent to the making of suc h credit a priority over reparations. Herding! Bnggeetion. The Federal Reserve Hoard, through Governor Harding, suggested to Chair' man McLean, of the Banking commit tee, introduetioa and onidertioa of a hill authorising federal land banks td make direct loan to th publle for agricultural purpose and authorising the Beeretary of the Treasury tn rte posit funds with or purchase the de benturea of those banks. Ruch a meal tire, th hoard said, would prove more effective for the purpose of Making ad dltional credit available than a bill pet mittlug the treasury head to deposit earning of the Federal Ileserve Rank as a iwil deposit to eovr eaten sion of such credit. A bill of Hit lat ter nature kaa beea Introduced by ator tlttnlieoek, Democrat, of Nebraska. V. W. Braurr. of Sow York, who called to represent Hit German gov eminent with authority to secure loan f a billion dollar for the parpjis f buying America farm - pifcidurt, oil present, in the committee room, but dtd not appear aa" a witness. No date was set for another hear Ing by either committee, but member said that additional hearing might be fctld after tha holiday. OVERHEATED STILL IX CHTRCII STARTS BLAZE ftunford, Wash., lHc. 24. Fire which broke 'out in a ehurrh of llsnford yes terday Was declared by Deputy Sheriff today to have been caused by m over heated 'Whiskey still which was in full peration in the basement. The liase tuent was rented by J. A. Brook, a butcher, for whom a warrant ha been issued on, the charge of operating a till. The ehureh waa not badly dam aged ty the fire.. Odd Mode r Measrm.it. T'dt bill people of Assam rcokon time ud distance by the number ,f quids of betelnut chewed. According to Washington Irving, the butch umblv U Invariably dismissed at th last puff of the third -pipe of Governor Van .Twiller. KvS.;,;, fl ran n nftnN If An Old, Old Wish UP S MARKETS li v X Lsjwy m oeason s ureetinp-s .5 AProm a Brand New Store u lf W wiah to etxend to you our moBt f 0 - U "iacert thank for th very pleaiant J i 9 - ( ll AwihoHyndvM OS OJinstnias and 2 H ., buaintM career. H "r,w r' 9 II jig . x T Vr - HAnd aure you thtt our earneBt en- " rvTAr VaWi r devon wUl be et forth on every ;j UNCW - I C2u klf-UG :r: opportunity you may present u to M O . - , ' MtS 1 1 ': ervyon in the cominf year. ' T t . : ; ;-; ' ' ' ' - s&r-:.,:- i Please AcceptOur Sinccrest WJahcaJPor j 5 "!i ... J- ' ) v . ' ;: t '. S ll ' a Meny Chffctmas and a HapprT" - --''.( V';-- ;V;i.v.:-MtYar ' ' . i fi j;f rrg y I I v., v:, -i. I I I Q JUl rjBBkBslg ? JEW LOW RECORDS JJ STOCK MARKET Recent Downward Movem&n Has Witnessed Passing of "War Millionaires" New Tork, !. M.CkrlisaM week on the ttoek oiehange wl thtraetarlatd by continuant cl the perplellag aad tDcctacular movement which lav aiade the trading of the last tew Weak epochal la the nnal of th Institution. Many new low records weft establish d during h violent liquidation whisk witnessed the passing of aumeroat "war millionaire," but the tehniel poeitio of the Market, It 1 generally assumed, nae bee materially atrtagtav ened l.r thla draatia Droees. With another week to go beTara tht year end, the market already eboW a degree of depreciation greater than that recorded fa any of the mm panics tine 1M, CoAtraettoa ef tht Inst sii month tango from thirty W one hundred point aad aiaay "war brides" were quoted below pre-war prices. Translated Into present market values, two core ef leading sfhek of the industrial and railrnaeT dirlalon show a depreelatloa for tie year rua aing into aeveral billion dollar. - Tk shrinkage annatg 180 less promiaekt la tues inerease the grand total, aeeotd ing to estimates, to between five aad ix billions, of approalmately half tha amouat loaned by the United Htate government to the aattimt of Europe during and ainee th world war. There were indications recently that most of the wesker apot in th specu lative structure bad been repaired. This was offset, however, by the eonMo of the commodity markets, in which re newed unscttlethent was attributed to an expansion of the no called "coBsum ers' strike. Hankers and conservative nrfMftlll Interests profess eneoOragefeieat at the table ton prevailing In th money market. Rate remained undisturbed, despite heavy shifting of fund to me unprecedented large, year-end nay meat. It la" believed. however, unit the supreme test of- the country's financial resources will come ia the first quarter of the new year. CHRISTMAS VERSES ' BY W. FRANK BOOKER A S triata V !). Bo comfortable I, by my roy Ore, 1 forgot all ot tha world outside: In nir pi no dream. With no care to rret, Foraot the multitude that ahlda In sorrow and want tha vast human. iijr Across th aCn! tased throual tee-dimmed windows and listened to the Worth Wind roue. ftemembarinar not ho fortunaia I. nil a vision mere came and tnt heart tore: Baw the nerd of the world bar Haw aorrotr and deanalrl laid In vision. I saw Ulna, and ubo hla brow A erawa ft erlM-1 ihnrM Wtm . And gatilarad about Him s4r MtU ones, rsmished, naket) nai with aaoda aor And lfe said. "If unto taeae, thTlfU V do It unto me!" W. fHANK BOOKKA Tia am nies. Yuletute ooiniw with Itt laughter and aonar. v nun iimins: iacea as a mam throna And alver there ar ol altta Kioat rare. let tn girt that's mina ant eaa compare: Her gifta are preeloua, hut not orf gold iiTyr or peariaina weria si not nolo Ho rare alft aa ku he tins vwb ma . ra lost hi nappmeoa! Christ maa bring ltd holly and mtatto- IDS, The memory of (noea gone long aago Th season when needs of good eke are sown It brings ta me th arlmaoa lt of a . , . W- "RNK BOOK6JI Apex, Christmas, ltto. The Cmlmr mt Hrlik Ingredients in clay and temDeratura at hick it is burned affect the color of rick. At red heal a talmon color it obtained, which become a deeper red a the temperature attain l.MM) de- recs. Above thla purple, then brown still finally black. 'Aw. ELKS CHRISTMAS TREE IS More Than Five Hundred Chil dren Receive Presents From Big Tree ' - Mora taaa lv kandr4 thtldrta, boy aa4 girt from toddling tots to the abarraMa kg f i or IS, gtieeH at RaaU Claui aa4 Oi SaJelgk Kit ia tha City Auditorium yester day aftaraooa whoa approprlato glti of lU aorta wrre thowered apoa th yeuagster. .Of foarao, the Ckrlatmaa trot, wi- derfull doeoraud wit tin I kid arl- ottred boll and alertrleally lighted, wit the soatral Sgar n U Chrimna ealettrattoa that gave Joy to hundred ef home. Hovering; around the tree w donta Claut himself, and If nay of the eh II dr en were tlow to fall ia Hat whoa their tint tamo to receive gift, It w because fit tht jotlhl, red elad (Igor that closely resembled Walter Kimpson, btd Waiter Bimpaoa docked hlMiolf ant la a flowing mmttcho, white wig aad a fur-fringed talk of red. But besides tho tree, and the gift. sad Koala ciaut, there w maaie by liovia t urearatra, tad at interval on tho tg little 8-yoar-old Barbara Harris, daothter of Mr. and Mrs. Charlee 11. Jlaffl. dannd aad th little tot giaeofully tripping, tppareatly tn loylag tht thing at much a anyent ia the crowd. The assembly wa not made no ta- tirely of tklldrta, a cot might havt thought along toward tht tnd whta a generous distribution of tin horn had produced a tort of bedlam. There wero father and mother, iom ad, ome unmistakably happy, lome ttolcally ia-dilferent'-tomt Just tired. But thev came, many of them, with all their children, and waited with pleararablo patience while tht onto woia) throtigh the receiving lino. To many, it Wat Just abottt tht only touch of Christina rituals aoatto will have. To many it wiis tho only fJkriatmat troe, tho only SUCCESS O. L. HOPKINS I Incorporated B'S II Christmas Cheer ST1 ft I! n 1 If everyday was like Q With ita spirit of loving and giving. fir Wouldn't life hold ItUt ii And hf much mftr i " CwsCwsCvsCsw n ii e ? n With Every Good Wish $ IIS for . S Santa Clau, the ' ably doU. "the only gun that thla keaaos will bring. - Tho fclk entered Into thtir work With tplflt. There wrt no tiresome formali ty, formalities aro impoesibl with Irt ttaadrtd children htagry for toy, But ttr. Arthor IHekt, chairman of tho tommlttot Of arrangemtato, nd aomt fthnouneenieat, Haiita Clan arrived, told k atory, and tht distribution" of glfti by. group, aeeordlag to age, Urtod. . . . Amuting th Elk Wert .Mle Willi Footer, aapertateadent of tbo Associated Uiarme. ana mem Decs oi eiostwin Jsekson Chanter. King Daughter. - Whsn tha last child had been treated had talked to Banta Clatta, kad gone out happy aad aoliy, th remaining toy aad atoeklngs fdled with fruit, eafldy aad Bat were gatkorcd Up to be teat to thoco cklldrea aa tao list who wore not awe to kt araom. HAMLET POST PLANNING LARGE CLUB BUILDING Bamlet, Del. S4. -T). B. Holleiia, tttrttary of tht Bamlet Chamber of Commcree, anhouneec that tht Hamlet Poet, America Lglon, hat aecared iltt aad it perfecting plaaa to erect a four-atory lub building tad apartmen anus during tht coming year. The nlana tall for a lai.o auditorium in addition to tvtry facility for a modern lub. Mr. O. W. Battlt died at the home of hi daughter, h' . J. B. McNeeley, in Wtdnetday morning. Tbt runerai -rvleea te held at tha residence llmfsday moralng, conducted by Rev VrvO. Martin, Doctor of th Methodial ,day moraiag , conuue.ea oy ipSBtl-1 :2.1 a. ih. Buaaet- :0d p. M. . Martin, pastor of tho Methodiil r cifnroh, tMltd by Be v. 3. M. Page, of tha Batttiat thuroh Mr. Battlt wat ! yari old tad had lived ta Bamlet for tht paat tea year. NIORO WOMAN CRUBHBD TO DEATB UNDER FREIGHT CAR DurhamDee. 84. The body ot El vlaa Ijeathera, aa aged negro woman, waa atvefed la twain ar th waiat line yttttrday afternoon, when tho wheela of a freight ear oa the Southern railroad ran atef her. Tho oOOldeat occurred ia front ef Trinity College. A airing of boa car war parked oa fli aiding with ao engine attaoaea. Tho womaa attempted to pat aador. fl n Christmas day. less strife n TTIm li wnrtri tViA living? " ' "'O fit aeath aad to atakt s Mart. Mi ta ttr fcomt, on Mho athet aide. A toaoolni wuai uwrvvr, wu issiDf i tho eara, and a th womaa waa about to merge from tho Onager Bono tat o tntved aad the waa oaagfct beneath tatr waoeiot - -. i s . "Bird of ' feather Bovk togetVef." "But how aftca do yoa nt raven lock with fw'a feetf" a rraalooo Chronielo. . ' The WeAlhei- n.t.i.v ar si h as' snAn. sPBiviau, i. v., asm. uw, i North Carolina: fair, Saturday andJ maday, warmer tttremc aorthwest Sunday., TEMPEHAtuBE HlghMt temperature ...... Lowett temperature Mean temperature , Exceaa for tht day , Average daily deficiency inee January 1st ,. . . . , . , . . , , , , . 0.1 PEtClPlTATlO (iV inehesY" Ameunt for th 14 hoar iag at 8 p. tn 0 Total for tho month to date..,. l.Tf Kiees for tht.moath, Deficiency since January 1st. . 1.78 HUtUDlTT am Ilia ipm Dry bulb Wet bulb ... Kel. humldltr 36 ) J8 33 30 ar w pa w ' pnibiks (Bodueed to tho Boa Level.) 8 a. mv 0l p. m. 30.18 A A Whiting-Horton Co. "33 Years Raleigh's Leading Clothiers." e r, ' ; . f ,- Saidie M. I :U I v-v- 'sty-; - vv t - Y.'t I f l;- $ . Incorporated J"" ' I f- . r . 1 - ''."''. ,- " l. ' . .. v- . ' ' ... t. Attention Arrangmat lv been eomplete'd with th ftobthtra Hallway ta operate Special Fullffi earl from lalelgh to NtW Btra tad return December f8tk, SiKh for aceommodatloa of Bhrlaer detlrlng to at ttad CetemtBial December fvth. Can will b opera td ta tht fol lowiag aehedulat Deo. Sdth, Car open for oetupaaay .....lOKK) P.M. Dee. Seta, Lt Raleigh, Southern Railway . dtOO A.M. DeO. I9tk, Ar. Kew Bern, Norfolk loutkort tl4 A. M, RETURN SCHEDULE Dee, fcH, Cart Open fof oceupshcy .....lflrOO A.M. Dec 0, Vr. New Berh Norfolk Southern 4i45 A.M. Dm. 30th, Af. Baitigk, Bouthtra Hallway JI:4S A.M. Arrangemetti hat beta made to hold Southern Ballway trala No. II at Ooldiboro Of hour aa morning of December 80th, ta get ears from Norfolk Boathora trala. - --- --- - - -.. , ,., , Ont way fart Balelgk ta New Bern, 13.47. Bound trim fair teJd, war tat included. . PARTIES DRSIRINO Pl'LUiAN ACCOMMODATION COM MUNICATE WITH MR. C, D. FARMER. CHAIRMAN TBANS rOBTATION COMMTTTES. SOUTHERN RAILWAY SYSTEM i. 8. BLOOBWORTB, DUtrlct aatagf Aftat. Very Merry Christmas With Much to Make You Glad Very Happy New Year The Best You Ever Had Our Many Friends and Customers J. We thank you i sr ydur! ' wholehearted i u p p ox t r arid hope we will have theh pleasure of serving you tt Shrinew it J
The News & Observer (Raleigh, N.C.)
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Dec. 25, 1920, edition 1
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