p,}^ T-- ww^Ff "^M*f:' qS ,^vr "T- fk i't %l* £_,H "I^T" 5 '0-1 ':'K'\i::^:'-" HSillf^ #':'K-:y ^t v• v? INTERNATIONAL FALLS PRESS. \$* a cent apiece. Of course, one of the bank and to provide a place to which INTERNATIONAL FALLS PRESS first things a farmer wants is something local banks may rush in a crisis and with which to fence in at least get cash for the "prime commercial International Falls Abstrac— AND BORDER BUDGET part of his property, and the faci paper" Jhey held in their vaults. also is quite patent that it would This is to be accomplished through BURDICK, KREMER & KING Proprieto cost no more to put, in a first class Entered as Second Class Matter June 23,1909, at the Postoffice at International a chain or regional reserve banks, or ABSTRACTS. REAL ESTATE & INS cedar or tamarack post than a Falls, Minn., under the Act of Congress of March 3, 1879. "reservoirs of reserves," in which all spruce or poplar stick, but wood of banks shall deposit a stated part of the latter kind is all that is left-for the money they are required to hold 6E0S6E P. WATSON, Editor and Managsr INTERNATIONAL FALLS PRESS PUBLISHING CO. Collections, Conveying and Loans the purpose when the state is as reserves." J. E. BURDICK, Manager through skinning the land. And at Under the new system whenever, Official Paper of Ranier Official Paper of International Falls. that, the spruce would have to be of a financial flurry comes, the bank International Falls Mi mighty small diameter or it would can take commercial paper, such as have been sold for pulp wood before notes drafts and bills of exchange,, The injunction asked for in both avoidable in our city, with wise it reached the dignity of post timber. to these "reservoir" and secure "the council prevailing, with the spirit of the "Baker Acre" purchase case and Nor is this all. The cord wood is use of their own reserves, or if necessary, compromise presiding and ruing our also in the "Installation of the also offered for sale, with the idea even the reserve of other deliberations, this city should start on White way" were granted last Monday Sttriwm- Ti^^tf's-f Three Leaders in view, perhaps of foicing the banks, by depositing this security. on the grounds of the overindebtedness an era of unbelievable prosperity, prospective farmer to be more comresponsible The new regional banks will receive growth and development along all of this city. for this short-sighted about one-half of the bank reserves lines. policy will likely tell you that there of the country. They, in Certified statistics from about forty Merchants who do not advertise will be plenty' of timber left even turn, will be permitted to loan back cities, in Minnesota, some smaller, have some advantages over those after the dealers in forest products to the banks all but 35 per cent of some larger than our city who do. They do not need to order Golden Grain Belt Beers ar through, but this is equivalent to these reserves so that in case of some operating under Municipally goods near so often need not work telling the settler that anything others emergency, millions of cash can be owner plants, and some under privately so hard waiting on customers, nor cannot possibly use, he is welcome brought out into circulatin quickly. owned plants was spread before Harpers Whiskey hire so many girls.—Carlton Vidette. to. The banks will have to pay for these the council for examination- and Neither have they a bank account To be sure, he still may have a loans, however, as individuals have comparison with our present rates. to worry them.—Princeton Union. few gnarly hardwood specimens Rock Spring Water to pay from any local bank and this The sliding scale in nearly all these and that can be used for firewood a charge is expected to prevent the cities was similar to our present —One day a friend asked President lot of second-growth poplar for fence too-free use of the reserves held by scale. The average rates submitted Wilson why he did not do a rails, but we look to see some enlightened the regional banks. were higher than our present rates, certain thing. The president replied: legislature of the near future A new form of paper currency is and considerably higher than that UNDERWOOD & HASSELBARTH, Local Agents "I cannot do it my boss decide that the former may with also priveded for, to come out in which may be a compromise rate International Falls, Minn. won't let me." The friend thought profit be turned into clothes pins, case of emergency, and which is expected which the council may secure for that the president was perhaps referring while poplar rails will be sold to to go back into the hands of this city. These statistics were a to Mrs. Wilson, when the some excelsior factory. the government when times are normal. genious surprise to those citizens president added: "My conscience is These "treasury notes" will who have, all along been my boss."—Boston Advertiser. DULUTH COW'S RECORD. be printed by the government, and contending that the present rates issued through each legional reserve are exhorbitant, as compared Pear, a Red Polled cow, is the pride Northern Minnesota Hospital bank, and will bear the guarantee The t'ress joins the hosts of On another page of this issue will of the Jean du Luth farm these days, both of the regional bank and the with the rates in other cities in our be found an account of the magnificent because of the fact that she is the government. new combination grade and state, showing as they do that their holder of a world's record. The test If the demand i'or currency in any high school which is nearing completion average is higher than our present that has established her as a record section of the country exceeds the rates. in this city. Too many words holder in the Red Polled class began supply of circulating money, a regional The Council met the Company's of commendation and appreciation one year ago and has just bank can secure this new money cannot be spoken in favor of the representatives in the same concilatory been finished. The showing is that from the government and put it spirit, .and appeared to desire school board who have so carefully Pear's yield of milk and butter fat into circulation but a gold reserve planned, financed, and surpervised to effect a compromise, providing 'a for the twelve months just ended ox forty per cent, and commercial reasonable one could be obtained. this best of all such schools in this has beaten by a wide margin all previous paper equal to the full value of the Now, if the men of this city will state. records. ncte, must be held as a reserve behind get back of the Council, there is no During the year Pear yielded 13,000 each note so issued. This provision reasonable doubt but that the council pounds of milk and 605 pounds of It is with much gratitude that we is expected to be the influence and the Company will soon adjust butter fat. The latter is equivalent wish to all our correspondents and that will drive the new money back their long, unsettled and costly disputes to about 726 pounds of commercial patrons, and readers a Happy New into retirement when it is no longer the great "White Way" will butter. The best previous record for Year. Gratitude because of the reeded. soon blaze forth in all its beauty and one year was 515 pounds of butter cheerful and generous manner in glory water waste will be stopped fat, so that Pear's record is almost which you have all contributed your SWEDISH LUTHERANS"TO lighting will be cheapened in all its 100 pounds more than the previous portion to the success of the Press WATCH OLD YEAR phases taxes will be reduced for one. during the past year. It as been OUT AND NEW YEAR IN such services as we have been receiving Not only does this cow hold the the best year in its history, both socially R. h. Monahan, M. D. Clizab and everybody can say record for the year, but her aggregate The people of the Swedish Lutheran and financially and we trust Mary C. Ghostley, M. D. "Happy New Year" because, 1914 yield for four years constitutes church will have a New Year that during the coming year we may Office over International State Bank. Internati will start an era of good, fellowship a world's record among Red Polled vigil Wednesday night or as they be kble to present to you each weak and mutual co-operation that will cows for that length of time.. call it in the Swedish language, "ny•^rsbaka." better paper than any issue of the start International Falls on a period The management of the Jean uu The meeting will begin previous year. of expansion, greater industrialism, Luth farm is not only very proud of at, the church building, corner of nlarged trade, increased population its prize cow, but feels that the fact Sixth street and Seventh avenue at GOVERNED TO DEATH. and, best of all, usher in a spirit of that a world's record is made here 9 o'clock and will continue until after Everybody Likes It. You Will ,ou Austin Transcript: Minnesota has real brotherhood that pulls together, is a very decided boost for Northdrn midnight when the New Year begins. forty-six state bui'eaus or boards that "One for all and all for one" Minnesota and particularly of the There will be a program of REX A On created by law besides thirteen departments feeling is the greatest asset this city country around Duluth, which is becoming vocal and instrumental music andrecitations created by the constitution. can secure as a right starter for widely known as an exceptionally and refreshments will be Tonic Draught No wonder we are swamped great and even greater things. fine dairy country. served. A feature of the evening: and and in with enormous taxes, and yet Governor May the spirit of reasonable compromise will be the receiving and reading of =BEER= Eberhai does not know where be upon us all in this day answers to the question: "What is Beverage Bottles PARTICULARS OF EJdw to cut down extravagancy. in­ of our trial. Let our people attend Success?" Three judges will be appointed Duluth Brewing &. Malting Co nocent! these Council meetings which will be and a prize will be given for CURRENCY BILL the best answer. The answers are held from day to day, and give aid GOOD TIMES IN SIGHT. in the solution of our common troubles. to be written. Duluth, Minnesota At the time of going to press, it The new currency law has been 2000 HORSE POWER It isalready apparent that there looks very bright for a complete solution passed by the House and Senate and GENERATING PLANT and satisfactory adjustment of is a very small difference now between signed by President Wilson, and is IS TO BE INSTALLED the points in controversy between the the Council and the Company, now the law of the land. M. & 0. Power company and the and we hope and believe it can all The Minnesota & Ontario Power A. Setter] und & Co As this measure affects every man, city council. be removed easily, readily and permanently. company will go ahead at once to woman and child in the United States, Upon the arrival of Attorney James Let us all keep our install additional generating and auxiliary the following outline of its principal heads." Abuse is not argument, reciting Martin of St. Paul, and Prof. T. equipment to provide current provisions ought to be of interest: J. Caton of Minneapolis, represent past greivances does not settle Tor the paper mill and other plants the Power Company, things began to present disputes. Let the irreconcilable, at International Falls when the current Generally speaking, the first steps General Contractors and urcomprising, if any such hum in an effort to get together. produced at the Canadian power to be taken to bring into operation The council cheerfully and readily there be, absent themselves from plant is used at' the paper mill the nation's new financial system granted a conference at 2:30 o'clock these meetings for the common good on the Canadian side, now nearing will be through an organization committee and a few days hence, perhaps by on Tuesday afternoon, and the various completion. International Falls. of three members to be named Minnesota matters in dispute were gone into the time, we again go to press weshall The company will place in operation, 60 days within which to file their with much zest, but with the utmost be able to announce to the to work in synchronism with applications for membership in the world that International Falls is a! effort, on both sides, to reach the water power plant, new apparatus new system and one year's time is if possiVe a common ground, where united city. United in heart and consisting of a 2000-kw Curtis turbo-generator allowed before the government will hand, in hopes and aspirations, in both sides could rest in peace on all with 17-5 kw motorgenerator compel the dissolution of any national mutual helpfulness. disputed points. The Company's representatives excited set, 5-hp and 25hp bank that refuses to join. certainly bore, in their motors, pumps and condenser The new law will make little direct entire demeanor, attitude and sentiments MIGHTY POOR BUSINESS. equipment. change in the operation of the expressed the Olive Branch of Grand Rapids Herald: The state present national banks, except to Peace, Good Will and Co-operation. HIDES and FUKt of Minnesota was last week enriched allow them to loan a certain amount "Let the dead past bury its dead," to the extent of between eight aid of their funds upon farm mortgages. was their sentiment. "We are here We positively give more valuably illustrated inform* nine thousand dollars in this county, Its chief purpose is to add a new tfon relative to Hideo and tlimhr.it Fin's, than Caah any oilier frierm house to get ready to act all around alright te tke far world.<p></p>HIDK9, WUMS, rMMiWm, We pay which the Herald-Review believes it piece of machinery to the banking Xle., and in the present and in the future" We t*U would have been vastly better off prompt returns (or each Shipment. system that will take up the slack" Trapper1! Supplies rerj cheap. for Circular, Write were their statements. Each •hipping Tags. Illustrated Trap-Book, Catalogue,etc.— without. We refer to the money re-' during the changing business conditions If Tree. are two sides to the disputes. Each NORTHWESTERN HIDE FUR CO.. ceived from the sale of timber on SstsMishstf 1M0 of each year that will give is partly right and partly wrong, cut-over tracts. It is hard enough the banks a place to quickly convert DOADIN Concessions and compromises may for a man to dig a farm out of a their assets into cash in time of need 10 CENT "CASCARETS "be the only, and therefore the proper wilderness even with a few sticks of and that will bring out new federal RIFLE solution. A united, harmonious FOR LIVER AND BOWELS timber to aid him, but the state's currency when it is needed, and retire sentiment and civic pride, it was idett Seems jrt bje liiat*j anything it when money becomes "cheap.' Bmttmr kUml 7%m Mmnimttmm "pointed out would most swiftly, Cat* this 'ling is': a 'drawback. The seliihg'-'off' Banks are now required to keep a Cur* tick Headachs, Constipation, certainly and properly make of. Inc.. BEFORE of the ipevchantablc sew certain percentage of their deposit* jw:BUloM«fiMa, ,toue Sftof**eh, Bad you buy a big game rifle, by all means ferriatitmal Falls one of the 7 lajrge' ...A •rojrtfc-—Candy Cathartic. her$V and'.event* life- Jtip tim^e?,. way reserves" part in cash in their ask your dealer to show you the ReminghnUMC citifes tf the state whereas internal* be perfectly legitimate and right, of be own vaults and part which may prolonged, Jstraife,. bitterness, jealouses, hate, Autoloading Rifles, of New but when it comes to relieving the redeposited in the banks No odds how bad yonr liver, stomach expensive litgation unnecessary They are five-shot repeaters—operated by th land of everything that can possibly York, Chicago St Louis and other or bowels how much^ your head unfruitful, disrupting elections aches, how miserable you are from recoil Always a shot ready for the emergency, fr be sold or used by the man buying designated cities. In times of sudden "the rending- of the city into discorfcmt constipation, indigestion, biliousness the tract and steering him against the cripple, for the deer that is getting away, t* financial demands, when banks and sluggish' bowels—you always get camps factions and warring nothing of more immediate value of have loaned up to the full limit relief with Cascarets. They immediately charging beast that promises to be troubleso and such 'demoralising and destruetive cleanse, and. regulate the stomach, than stumps and slashings he is their resources, these reserves furnish you don't get him quick.r .. spirit -carried into every city and remove the sour, fermenting food certainly being invited to a proposition little relief, because if they are and foul gases take the excess bile /county election one council undoing The Remington-UMC Autoloading Rifles an of-few enticing prospects. paid out to met demands, the banks from the. liver and carry off the constipated, '""the work ttf Its predecessor, or still Shotguns the latest achievement in ninety sure We note that not only were the are left. in a precarious condition. waste matter. and\ poison farther aggregating matters, would six years of producing fine firearms. I. from the intes.tines and boitels. A logs, ties, pulp wood and poles offered The: basic principle of the new 10-cent box from your druggist will all combine to advertise this city for sale, but even the fence law i& to get these reserve funds out ..... Remington Arms-Union Metallic Cartridge keep your liver and bowels clean ..-throughout this/ state and nation to posts were thrown on the market 299 into circulation when necessary,..without stomach sweet and head clear for Broadway 3 N»» its -detriment./ Instead of all this months. They work while you sleep. the price placed on these being about lessening' the safety of any tprcU, TH/ca^led-for, undesired and 1 1 "T~ —'————J