THE TRI-CITY DAILY GAZETTE
Published every week-dav afternoon
LEAKSVILLE, N. C.
Successors to The Leakgville Gazette
Established in 1880.
THE GAZETTE PRINTING ^O.f
Incorporated, Publishers
MURDOCH E. MURRAY, EDITOR
ARCHIE LA PRADE JR., Adv. Mgr.
MEMBER ASSOCIATED PRESS
Entered ns Second Class Mail Mat
ter at Postoffice, Leaksville, N. C.
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The Tri-City Daily Gazette’s Im.
mediate Territory includes Leaks
ville, Spray, Draper and all Leaks
ville Township, equal to a city
population of 17,000.
WEDNESDAY^-MARCH, 7. It
AN AMAZING REVELATION.
Profound secrecy was enjoined up
on a meeting of the members of the
Fede'ral Reserve Board with the
Federal Advisory Council and Class
A directors of the Federal Reserve
banks, held in Washington on May
18, 1920. At the meeting the plans
were freely discussed for curtailing
credit, advancing interest rates, re
ducing the volume of business and
urging the Interstate Commerce
Commission to increase freight rat
es.
Probably no other meeting ever
held was so big with influence over
the world’s business and financial
interests, but at its close Governor
Harding warned those in attendance
to be careful not to give out any
thing about any discussions tha.
took place as to discount rates, The
< nly report which the press or the
T ublic ever had was a careful word
ed statement, for Governor Harding
said that when newspapermen asked
about rates he turned it off by talk
ing about the weather, 6hd to those
of the conference he said! “We can
not discus rates at all end I think
we are ail agreed it would be verj
ill-advised to give out any impress
ion that any general overhauling
of rates was discussed at the con
ference.” And yet it took 37 close
ly typewritten pages, 13 inches lo ig
to cover the day’s discussion on r’.s
irg rates and restricting — - “M
A few copies of that report were
prepared for private circulation, and
the Manufacturers Record has now
been able to secure one of them.
We are giving in this issue a long by
synopsis of that report, which we
arp sure, taken in connection with
the secrecy enjoined by Governor
Harding, will prove an amazing re
relation to the country. Here was
a meeting of momentuous impor
tance to every business man and
farmer in the country—perhaps the
most momentuous financially ever
held in this country or elsewhere;
■but strict secrecy was enjoined up
ui those present!- No man had a
light to permit himself to o<
so dangerous a place as that of be
ing able to withhold from the pub
lic the knowledge he had that de
lation was ahead of the country.
Reginald McKenna, formerly
Chancellor of the British Exchequer
and a world financial authority, in
his annual report as president of the
London Joint City and Midland
Bank, vigorously denounced defla
tion and pointed out its evils. Some
extracts from his report are publish
ed in this issue.
We urge every reader to study
with the utmost care the amazing
statements published in this issue,
—Manufacturers Record.
some ome nou
TUTAKmMiWB *****
Lbxou, 6.-44
all fine things found' in tiid dtffeV
Mom of the disturbed resting place
Of King Tutankhamen, the finest,
from tfie antiquarian standpoint, is
<he ‘*U8habti,” a small image of
the king himself. That, at leaat, is
the opinion of Lord Carnarvon.
The “Ushabti,” or “Answerer,”
showing the defunct monarch in the
guise of Osiris was customarily plac
ed in royal tombs with an inscrip
tion stating that the imago waa pra-"
pared to do any work imposed, up
on it. Then the tomb was sealed so
tightly nobody could get to the “Us
habti,” and request it to do some
thing.
Back in what Tutankhamen may,
in his language, have referred to as
the good old days of yore, the Phar
aoh, when he died, was accompanied
to the underworld by a slave? sac
rificed during the royal funeral cer
emonies. In more “modem” times
the slave was allowed to live, and
the “Ushabti” was substituted for
him. This was done In the case of
Tutankhamen.
King Tutankhamen took some of
his. money with him when he died,
but it was gone and his purse, also,'
when the outer chamber was open
ed by Howard Carter. The archaeol-j
ogists were quite sad about this, for
they believed there is' only one ex
ample of such a purse in existence
RUSSIAN BOOKKEEPERS
SMILE AGAIN
(By Associated Press)
MOSCOW, March. 7.=—Bookkeep
ing has become a possible occupation
again in Russia with the advent of
the new money. Six ciphers have i
been thrown into the discard. The |
new bills which take the plaPe of |
the old 1,000,000 ruble tokens call!
for one ruble, and accountants now
can book small sums without writ- i
ing ciphers clear across the page. i
Also it is easier for Americans
to realize a dollar is worth 40 rubles
instead of 40,000.000.
Milk
For Infants,
Invalids &
Children
The Original Food-Drink for All Ages
QuickLunch at Home .Office (^Fountains.
Rich Milk, Malted Grain Extract in Pow
der feTabletforms. Nourishing-No cooking.
MT Avoid Imitations and Substitutes
AMERICAN SOFT DRINKS
. * TO INVADE -ARGENTINA
BUENOS AIRES March, 6.—How
to make “Red Cross” cocktails, gin
ger cocktails, cherry, peach, guava,
raspberry, orange and hohey coek
tails, grape juice punch, cider pun
ch,- pineappleade, and a score of
other non-alcoholic fruit Mrinks, Am
erican style, Is- described in a cir
cular issued by the Argenine Min
istry of Agriculture. Tomas A.
Lbereton, the new minister of this
department, until recently ambass
ador at Washington, brought the re
cipes from the United States.
By encouraging his fellow coun
trymen to indulge in the beverages
described, he hopes, not to introduce
prohibition, but to benefit the Ar
gentine fruit growers and create a
better domestic n\arket for their
products. He has not deijjned' to re
ply to joking suggestions in the
news-papers that the circular is in
tended as prohibition propaganda,
or to queries as to whether the min
istry would object if a “wee bit of
something" were added to the drinks
REDISTRICTING BILL
PASS VIRGINIA HOUSE
(By Associated Press)
RICHMOND, March. 6.—A BUI
redistripttng the state aenatoral dis
tricts was passed by the lower house
of the Vtrfhitt- general assembly
after a vigorous speech In opposite
ion by delegate Wright of Ports
mouth, who termed it a glaring in
justice. The senate resumed , debate
on the resolution fixing Wednesday
ds last day for introduction of bills
of a general nature. Any person con
victed of driving an automobile
while intoxicated, would automati
cally be deprived of license for one
year under a bill introduced in the
house.
Phone your subscription to Gazette.
Errerson and Gammon
INSURANCE
REAL ESTATE
Phone 2055 Boulevard Street
Wbats. Going on
in Your Town?
And what’s going on in your county, in North Carolina, in the
United States, and beyond?
The first requirement for a keen interest in life—for happiness,
therefore,—is a knowledge of events in your own world and the out
side.
There is one way, and one only, to get this knowledge.
* '
Read the Newspapers!
Your own local newspaper first, of course, but others too if you
can possibly afford them.
And remember that when you read newspapers you get not only
news but also the fruit of the world’s wisdmg. For newspaper*
record the word and the work of the greatest^ doctors and lawyers,
the greatest scientists, scholars'preachers and pfcSospbers, the greaAast s
bankers, merchants and statesmen ,
* .
Tfcif ** *8 talking to you—thwwgfc the jwses,
fUU the mmp&peti and especially yodr koine papef,
Fof rates of other information consult your
local newspaper dr Wire td the Secretary ol
the North Carolina Frees As#bcisti«i#l, Mof
ganton, N. C.
AND SUPPLY COMPANY.
Office next to Post Office, Shop Cor.
Railroad and Glovenia Street.
Do al) kinds of Plumbing work. Sup
plies and bath outfit? o*- hand. See
us, we can Supply your wants.
SANITARY PLUMBING .
AND SUPPLY GO. ^
LEAKSVILLE, N. C.,
Phone the Gazette when missed
by the carrier Boy.
■> .ii i ;gii , .-nL,i-il^iiui*l>w|:
PLUMBING
Insure Your Health Against
Unsanitary Plumbing;.-Let us do
your Work We know the -busi
ness. All Work Guaranteed.
PHONE 70S
W alker-Anderson
DANVILLE, VA.,
WHOLESALE GROCERS
^NOTIONS
ALL STAPLE LINES
Leaksville-Spray Grocery Co.
: J. O. Ragsdale, President, Madison.
j-F1 M. JPlinn, Sec.-Treas. Leaksville
THE TRADE FURNISHED DAILY
MARKET QUOTATIONS ON .
REQUEST
Leaksville N. C.
. Phone 58
BOULEVARD
THEATRE
-:T OD A Y:
Agnes Ayers and
Theodore Roberts
w
Racing Hearts
REMEMBER THE STARS AND YOU WILL BE
RACING with your heart to the bou
levard THEATRE. ITS A PARAMOUNT.
THURSDAY
Marion Davis
IN *
When Knighthood
Was in Flowers
THIS JS THE MOST AMAZINGLY BEAUTI-- .
FUL MOTION PICTURE EVER SCREENED.
MOVES SWIFTLY, NEVER WEARYING, AND
LEAVING AT THE LAST A REGRET THAT
IT IS OVER.
FRIDAY
_Sr;
r-' .
i
-a . -
1
1 j
!A- • .
V.
Wa&ln Flowers
ANOTHER CHANCE TO SEE THIS WONDER
! . FUL PICTURE—DON'T MISS IT! ?