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Lethbridge Herald Newspaper Archives

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Lethbridge Daily Herald, The (Newspaper) - October 18, 1919, Lethbridge, Alberta SATURDAY, OCTOBER 18, THE LETHBHinr.K DAILY HERALD. m PACE ELEVESJ-iy Cost of livihg Higher in IZ19 Sensational Suggestion for Reducing Currency Circulation Recalls Mississippi Bubble Days in Paris and John Law's Ambitious ScKeme of Finance.- f Two hundred years use there was hleh. coftlgE lifliiE lluio oxen thauMWs onft-aUhouffU It worglwhb him to llrty, RpecttvTilai, tmpeTflcEsil. and ahnrl-1 the aenatorlal BUS- wlullon oi Ihe present trouble ma) Ha rwlucluf the amount K- In circulation hart liked him w well as 16 up her alls leavo her bueband, and ruu away Ic, front a needy adventurer to a ord of magDlitclenl estates, from a I banker to a lulnUler ot Elite. I have seen blm errfre In lue salons of follcved by dukes, lordi, ms ratals of France aud bish- ops. At Itisl, In the iame year, Law yuullc was compelled lo fir the country whtcli he bad -wished to enrich aod la whk-h be Lad prod need auch dliprderfi." Even Yollafre ivaa toward him and hla Jnlenllona. There was tblog about this man! Doubw crew as to whether there cy wraps of vapw as cm prmlslico day frt and had lees bet to Laik an item up. Men died of la ihe last oflhoso tlayaj yui.ipcdlns the Rank of ftauce lo gel co.n daughter, eight years gave a ball to which all Paris ought (o come. DuL all this cama lo aa end. >oi- alre. abouTthe with Uielr picks nd shovels before eiiir-Aiuqd or'tbo '.They wero toon jack, though, being Jus; a bluff, j.fid all tba fitrange in'lailona ut .bad about, ami ihq uu- natural equaUzktions of rlitforcnl through- ferranti rich EU tbeFr, ma-ilora. were nftboui sigoificiuce agaiu hmg was the- -KB.Y it had b-jeii, only nuiob "'IVmilcilhi were sauctEoued. loVee waciljr-r coin was (jelng hoarded, a? it was Too ftiinoud edict of May iad mauy playtimee and an eye lo the comedy of the Ihtng wrote, 'Teople eav blm converted la a short time tor their scraps. Wllh pleaeura and relief, since thla toV 1 jaw, one John life and canny Scot v dealt disastrously, alltoujh DTOD- ably Trith good ideations, with tho credulous and needy French oT Ills Adopted land' They.called the Rue Qulncampolr the MlislsiMppI la thoEe days, and Ullle who Tvos-ilra.. old and precocious, wasn't worrtw because thai street wasn't gilded ani made dlfferenl from Iho real. Xo broad and placjd rirer of the Xewj ffw ever BO turbu- lent 19 that IranLIc avenue latlon nnd ol 'solid lolk wad. .They turned all tho shops IcJo rea- laurenU thai everyone could have breakfast, lunch, and dlne.rishl on Iho flcono of action, and hardly go home at all., And It was all In veto, for the, Mississippi, besides helng pla- uH, -dH not How gold as ihe belleyo irhat they to believe h'nt ever happercd la' Lhe world this swift flight'bt creative Imagination futo the realms -of wealth.' The night ended ivlth tcrcro engine (.rouble, or If you like, 'crippled, maimed and hrofccn Hut ,it IB. z .fnscInalinR TO- rnapco "to look hack oven now Trhen the world' la note too sano and rrhcn comihodHles ore high1. Perhaps even-John Law of Laurlston himself1 bclloved there WHE gold Louisiana because he vranled bc- t Ing'thc particular kind. tnd economic nnd' ius thitt he ho eImply C9u1d'noL live; any louger vlih'out; giving prcaslou' to b's ideas at to how "nallpn.3 inanaffe their finances. "OartbllnR .an'd'.puUtrlnE ob'aer- rations, on -Ih'e RlflHo-.would not; suf- fice, and the Dutcli, almost as canny AS hlnjEelf had eeul him post but.qf'lloliand. Llierc lor It but to get Iblng tried gut in all It'e, splendour "aud (this idea that_prosperity .would- come oniy b> "ctjorirloua' amounts of put" into''-circulation -'an'd thai paper the ami preferahir. to do Ihe trying empng. the. flhmniable French, who would be to lento details to lilm b'iit whose iiglnatlons would iHke.lhein wltli him at least part of theVny, whenever, in his aa a writer cf tlie-time un- (leMtandltsly- salij, wltli tcRUty- TITH! slmplicUy some yaat-ambittoua of fin- ance." f ijkely John Liuriston imlbiishcd >rUb( remnant of Ills tlcottEilincss did Ihinlt gold IJut It ho hadn't nrouW ho have ,-protcncIlbil he At any rale have thought ui> Eomo Tvay scnma oi papcr: clrcujiilioij, .aLcl'wprk out a.tropor system of credit nnd ex- chanjjOj TJubblo, hap-. pencd lac babble hp would] -Another bubble would dono as well, for llowiiiE aud tori bursting, end. "And what Lho 9colBtaiin had lorgoUen waa'lhe tin- ger which thoso eaierf credjilous, who1 Vcro so childishly de- Jlshtctl vrltli the prelty bubble float- ing Id Ihe olr, would feol 'when It. Hurst rifcr tholr heads. Tho Scotsman, a lllllo bewildered and serlpuaiy .dc- clarlDfi h'lf unmlenllbn of frau'd, got out of Vfftn'co'before they-hilled liliA.f 'Ecota with, rv gentus for mallicfnatlcs; heavy. Intricate.-bubblon Wow ut'all. i' A 1 llphtdr one. would hare Vurst. with fcUchV Icrrlhiy rcaouiidlng roar for thG offending Of curs attuned cr _" 'r; Sp'e'culalion went madly' on in tbe atii) 'then-some'of IhoVlpTcstorfi bcgon. to ivant a Uulloii ofsUiu Ir.rlcllDS nnfi began liuy housics, -y Iqnd, illamdnds. rind taxlravhuantly good llmefl, mid priced'went up. Clotli'.whlcli Buld lu 10.15 fruncc ft .yard.'went up ip 125 francs .There was no inoie cloth of gold- lo -bo. had, (or was "wearing H, Doialls o( good' elude Contemporary ivrltera coul'di-not Ijcar'to spoflk them. And later" they could liot Ibal broujht 200 francs lit Y.W.I when the bubble ,showed 114 lovely Colors moat roundly end bea'utllully Johrf of Tjaurls- irorahlppfiJ.fiB, nailed sit or ten hours in hls-Tccciv tton rodins to hAro.a word wllh him. vtinl to, drcidtul lengths jib gel a 1oolr. "Iledu.Law'1 they call- ed him. One hail her HC- Hftn'chAir or It wag in Paris In tho eighteenth century carefully upset In front of his houao so that she mfght carried gracefully, Jn and g-el a word of condolericfl 'from John And slim Ihbse Impartial tell kept his niodoaty frlcnilllriss. Ilia Viffl got lintL than ho, but ll-waii flame- .vho stayed behind after lie -fled to Druiaelfl until gel ,rlho paid. (She wns the samo lady, Lhd? Catharluo Knollya, -wlio Scotaman 10 niaD, from, naturalized Protestant to Kreneh- Catho- a certain amount fihould bo paid uiil> In paptr money, and paper iuouc> was no longer acceptable Jo Ehops AU Wnda oi moasurep to inspire con ftdence in tho poor old Mltisisslpp Bubble -wero tried. "Public tures" were Hflnt to colonies, au1! aH kinds ot uu wretches were recruited (o lco In the gold mtties and which finally !bo on hie ss ot ihe li coiupany by proclaiming n Ivc reilucllon la lie of .sbarcs and uolfes, was tbe euct. Tlioy iv lu till itiis ptcuitar buL they didfl'l. lie livtd to dlo in Jn 1729. ant'r wrcU-ot.J, u! Uic Rlorlcs say. And lie riuall.i got oul Paris, iliey Bay, his mind was gotoe fast, so thai he iLoogb he atl binds u' things hu it to be Jobn Ijiv of ljuriston blower ot'the- Uubblc.'to be formed EhorMy at Quebec, or laq ol "ran.ce, IrieiiJ le Uut eans, and genius ess than one, wert- not enoujen. 'rbbably it (oo much, p.tid be iked to preLesid hg H-ss. lie left died some and a vforih iiLli'li le had paru-d ot lines in Jays of iiis but had ahvf.ys was, as sal o[ a very jgtfld a head lit tur kinds lo "ui ti and i SULJIL- ut tbcn, jrj-in ami rtlio ha.- cJtleulnVluD.s oi all eoL IjeyouJ anybody the matters he ly ihe c-levor- in, Holds New Vork .Mag- titrate. Refusing lo Hold Destroyer :uiv hai or a I "What ha.s that to ctu with Cardner ludignar.Uy. "It ftTli'- wy personal Said the magistrate: can get a now hai if ;i was a re- poaler." f Tho coaiplalTiaut obji-cttii. "1 nin J ciiy employf-e. I cau't affurd a lltsides ihat ih-j polQi. That" fin'i The coun. rciaajk-ed: baU tare been, tailed ia. Vou're law, any.' w.iy. Sicp do'A'L." He dUchErtfcil Miller. .'i hEntsetf up -niih, mail tbcre !s." Yes, i here- i-i t-orlaJulF abuut tJi'i tohughi of Jiim. Our ujj ?JD y.-i, m OUT 'York Kvcnfng "Poa1.. Major Jttnri Chasse, .D.S.U., il.C., of the 22nd Battalion, lias been pro- moted iind given command of ibe Machine Cun llrigpde you dun'i remove your hax fashion dieta a, Tiew anybody may knock it otl. Tbt D! Magiiinne Kwtei- Night Couit it. the case Ely MWIer, iu ot MoEc-5 (larJne: 17 years Is t-ito.-l "I wax suurt; in Svwurd pnrk a ga'js caojo up, .11 osplalnc-J GarJa'-r, a. ciiy euiii'ujytr took Jl frorj heai and tort- It." 1 The masfatrato ashed: "Was u CIGARETTE BAN NEXT Ohio. Oct. Dr. T. jeiary oi the l ,Q! board ot ibt L church, today at tho iawr- uat tonal convent ioa ot tba Disctplet or Christ, declared Jn an address Uial (ho ellEQioaUon o' tho cigarette would be the next lUidcrtakea by hit church. "Tbe cigaieite impaired Uii healtli of soldiers in our ar ha declared. "We haye been sold: out to tiio tobacco trust." NATION-WIDE demonstration of Frafilklin Sedan utility is daily converting motorists to the practicality of enclosed car motor- But comparisons invariably prove that usability in .an enclosed car is Franklin quality. The result is an unprecedented and a faster increasing sale for the x Franklin .Sedan than. for any other fine car. x UMXr. No other'sedan'can equally di'sregarcl road conditioiiSj weather and temperktures. None rides with such comfort or drives; with such ease and safety..- None such severe demands >vithout complaints or fulfills all formalities at such small running cost; iU. its ease o( access and seating conTCnience, The average Franklin owner's expense for this exceptional dependability and performance is indicated'by; 20. miles to the. gallon of 12j50Q to set. of tires dBprecialipit- ideals of done you on -the practical principles, of .Weight different this sedan is in performance from any' construction. 5 The Franklin Sedan', car you may be' 'fairiiliar with, and you may is also the only.sedan' safe to use all-year _in choose the roads for a or .cold.' Direct Air Cooled, it has 7 boil or freeze: _., ,Wide. Windows together with 1 I: Wide Doors on either side allow The FRANKLIN BROUGHAM 'dupli- -j -catcs the sedan in performance but instead.seats four.1 It is ideal for persona) front struct'ed riding view; the Vrshaped Slanting Wind- seats are aligned die; driver is not isolated shield affords broadest driving from the companion passenger.; Ih they give this sedahythe most .open.'outlook, fort and convenience, this car particukrly.meets possible. The car'is etjually remarkable for the needs of small families.and doctors. D. S. WILLIAMSON Co. liETHBRlDGE, ALOERTA .OTHER FRANKLIN TYPES ROAD- Cooftnientt and atfrMtive- nessia l CJr'haTialF compact nm- lati with