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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 1, 1912, Lethbridge, Alberta 1012 THE LETJIBRTDGIJ DAILY HERALD Page 13 FACTORY GIRL GIVES UP Too Sick to Work Advised Operation. Rc- to Health by 'LydiaE.Pinkham'ft v Compound. Poughkeepsie, N Y.-" I run a new-' ing machine ma large factory tvnd got- all run down. I had to" give up work for I could not stand'the pains in my. back. The doctor said I needed an operation female trouble but Lydin' E. Pinkham's Vegetable Compound helped me more than the doctors djd. I hope that every who is suffering will get the Compound. My.. pains, nervousness and i backache are gone and I1 j have gained five pounds.- I y natural forces vitmn and without ho .object of production, he causes vitti-r in jisKtlme a form. which fits it. or better rits it, for human needs SOi.too, tho the places, of things from where they are less .useful, or holds them in one place change of external circum- stances gives them greater time util- ity. He-Is producing utilities as truly as Is the farmer or the manufacturer." Adam Smith in his "Wealth of Na- tions" says capital of the retailer replaces, together with its profits, that of the jobber of whom he purchases goods, and thereby enables him to continue his business. .The retaile himself is1 the only productive laborer whom it immediately employs. ,In his profits consists whole value which its employment adds to the annua' produce of the' land and labor of so ciety. In times o-f advancing .prices the retail merchant has always come in for more than Ills share of criticism. Many years ago the retail merch- ants of England were criticized in much tho same way as retail merchants of the United States are criticized1 today, and Adam Smith an- swered those charges then In these words: "Besides possessing a little capital, tho retail merchant must be ablu to read, write and account, an'.! must be a tolerable judge, too, of per- haps fifty or sixty different sorts of goods, their prices, qualities and the markets where they arc to be had cheapest. Ho must have alt the know- lodge. In short, that is necessary for great merchant, which nothing hin- ders him Irom becoming but the want of n sufficient capital. Thirty or forty pounds a year cannot be conHldere.d as too grout recompense1 for the lab of a person so. accomplished, Dcd this from tlie seemingly grciil. prof] of Ills uupltul and little more will i main, perhaps, than tho ordinary pr fits of stock. The greater part, of tl apparent, prof 11 is, in this case to real wages." Perhaps; many elements enter in the increased cost of living, but Hie is much in the- statement of Preside Hill of the Great'Northern Itailroa that it is not so much a (jucstion the'high cost of living as It is "tl cost of high living." This statement of Mr1. Hill's is enforced by the following table shot ing tho increased per capita consum lion of the necessaries c life: Raw cotton 22.57 Ibs. Wheat -1.7-i bus G.22 Corn ...24.44'bus :29.71 bus Ibs. S2.2-1 Ibs. Coffee Ibs. Tea......1.01) Ibs. Ibs.. Distilled spirits 1.27 pf. gal. 1.37 pf. ga liquors 16.01 gal 1SJ.70 gal Wines ..40 gal .70 gaj Raw wool.. 5.72 Ibs. Ibs. Ricardb, French po: tical economist, says: "It is the COP of production'which must ultimatel regulate the price of commodities, an not, as has. been' often the prt portipu between supply and derrianc the proportion .jbetween supply an demand may, indeed, for a time, a feet the market value of a commod ity, until' it is supplanted in greate or less abundance, according as th demand may have increased "or d ininished: -but this effect will be on! of temporary duration. A glance at the figures showin the increase in wages, in general pense and in the cost of; material for manufacturing goods in 19dO in WOo will make" clear what an imppr ant factoi the increased cost of pro duction has-been' in increasing th cost of goods to the present -high prices. 1900 12000 3 ages General expense 90o GOO 1 3o531f) 1 Cqst of material It must he clear to any student o- the subject that the inwnsed. coat o production oft farm and in factory nn .not the method of .distribution is on of the important factors in the in creaseU .cost of Jiving. Tlie. retail merchant is an gssentia a necessary factor in production am yet he could no serve his trade to advantagi and, conduct his business at a prof! without the jobber. Success in retailing depends upon tho ability of the merchant to Keej the dollars working all of tho to give tho dollar its highest working power in giving every dollar in th rapidlj The increase has been much greater than the-, increase of the volume of commodities ivliich are bought ind ssold in the mukets This means that gold relation the things which we buy. .hat be- come more plentiful, that an. ounce of gold not fn m n r-1 ns formerly. It means that we cm not buy as much with, an ounce ol gold us formerly. The an mml output of the earth's gold mines more than four times, what it was i few years ago. There Has Been a World-Wide 60-Per Cent. Rise In PrjcesV The general level of prices is about 10 per cent, higher than it wo3 it. It 1ms risen in .Europe and in he United Suites, in about the same As compared with we re now using a G2 dollar. The general condemnation .of ,the vholesaler and th-a retailer as. being he cause of tho high cost of living irrational and baseless. were business twenty-five years ago jusi vigorously as now and prices teadlly fell Cor years, Tho retailor nd wholesaler-are selling goods f.O' ay closer than they were ten years is absolutely no evidence iiat their present profit is .now larg- r than it was in ISflfi. On. the con- retry, many retailers arc in serious istress because their trade in many rticlcs is declining and customers e criticizing their high prices. That the rise of-prices pan-not be ue to the retailers wholesalers the present method of.distrlbu- be evident lo any man hen he considers that the rise ui rices is a world-wide -phenomenon. The people a! .Canada, of England nd of all other countries where gold used as money ar-3 suffering as we in the United States from the in- rease in cost of living, and tho great ajority of the people in those coun- ies, like the majority of the Ameri- n peopl-e, are blaming the local adesrnen and lornl conditions rather the real unprccy-, ented increase in the supply of sold. CHICAGO PAPERS STILL IN TROUBLE Chicago, June broke out anew last night in the newspaper strike On a, era Ad of union newsboys' attacked an unidentified" boy wlio tfellliie pa pers printed by non-union preismen, and only the timely arrival of -tv-'o po- licemen j ed him from a, severe beating. The police held the crowd back until a newspaper truck carried the attacked and dib crowd. William 'Karnitachnigg, a'tinion sym pathixe-r, attacked Lieut. -John Dar- row. He was arrested. BISHOP FOR RUTHENIANS Catholic Re- gister of tomorrow's date will forecait the appointment by the Vatican of ;a Greek Canadian bishop Cor the Ruth- enians, with his episcopal seat at Saskatoon, in the diocese of Prince Albert. The-name of Mons. Fascall mentioned in connection with the appointment WILL, GET. COMPENSATION Compensation, ot fo all men discharged from the Can: adian on account of injuries or by the service. W. H. JONES Manager of the Canadian Bank of Commerce in London, England MY FREE TRIAL TREATMENT MAY CURE YOU n, Ont.. Juno Clli. i- ustnB the 10 dAJs' trcat- tlint i.will nol.reritili-e an? h sincn stopped using tho Dcrir Mrs tee] nn vrry rnurli hfi'tur mi of OltANCI-: LII.Y you r.-i-ri kind enoiiRli lo more. In fuel. 1 feel cr.tlroly wfll, and. It is now u Similar .letters to tho above n.rc_npt infrequent, though.'of course, who havi tin! i suffered will PKANGK tonsrer Minn tlif Trial Trcaintcnt In cn'dcr to effect n i-otiiplote cure, lint In cvfiry.'caae they will lit- pfTL-oplIbly hcncflted. Kurther. the hcncilt will pnrmnB- cut wht-ther tliey conthiuo to ORAN'GK IJT.Y or nf. It Is not' tahcn fntprnally, nml doos not con- tain any alcohol nt- otltcr stimulant, ll f3 nn iippllcd trcatnienl. anct artft dlrpcllv on tho suffftrlnp or- Itans In all of wnniftll'.H