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For your benefit— 10,000 miles of private wires Tiv

get full advantage of opportunities in the investment world, quick service is often imperative. Ten thousand miles of private telephone and telegraph wires connect National City. Company offices in leading centers for the benefit of our clients.

In 50 cities our trained representatives, backed by our research and investigation departments, are always available to help you invest wisely and conveniently.

Send today for our current purchase sheet. It lists nearly 100 investment opportunities. Ask for Z-142.

Facts for CAREFUL INVESTORS OUR book, "Men and

Bonds," giving information on the following subjects, will be sent gladly on request:

Why we handle only carefully investigated investment securities.

The wisdom of purchasing securities from a Company large enough to maintain far-reaching investigation service. The importance of buying investment securities from a house with, over 50 offices and international connections and service. Why the careful investor selects

securities from a broad range
of offerings.

How 10,000 miles of National
City Company's private wires
keep our offices in leading
investment centers of the
country in constant touch with
our New York headquarters.
Your advantage in dealing with
a Company whose represent-
atives talk with an average
of 3,000 banks a day.
Why these sales representatives
are especially qualified to
helpfully discuss your individ-
ual investment needs.

For a copy of this book,
address our New York
office, asking for Z-139.

The National City Company

National City Bank Building, New York BONDS PREFERRED STOCKS - ACCEPTANCES

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FLOWERS TO THE LIVING

In November Mr. Harding will be elected. We shall then have only a few more months of government by "idealism" instead of by the people.

Mr. Harding is going to make us a fine President, safe and sane, and all that, and all the “rationalists" of the country are going to stand by and elect him.

But there is in this country a very large number of people-rich and poor, men and women- -who wanted General Wood to be our next President. The large campaign fund was only one expression of an almost National desire to put a loved and trusted servant of the people in our highest office, not so much as a reward for services well done, but as an expression of our trust in him above all others-trust in his honesty, trust in his judgment, trust in his great patriotism.

We know he sacrificed every personal advantage of his position to save us from the idealistic folly of this Administration. We know that if he had been willing to close his eyes and his mouth he would have had the chief command of our armies in France, and many other honors would have been added in payment for his complaisance.

The women of this country will never forget the debt we owe General Wood. It was he who made the supreme effort of his life for our sons, our husbands, our fathers, and our lovers. It was we women who spoke our gratitude in that big campaign fund. It was our influence that raised it. The fund was a tribute to him, not a disgrace. We accept Nicholas Murray Butler's apology. We warn Hiram Johnson that the cave-man stuff is out of style with us, and that we will raise another fund, a bigger one, if necessary, and put General Wood in the White House four years from now.

That fund will be as honorable and as honorably spent as if we raised and used it to build a monument to his memory.

Theodore Roosevelt is dead; flowers to

the living, I say. MABEL BONNER.

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DEFLATION OF THE

CURRENCY

I have read your

"More Capitalists (issue of June 23) and "You Owe the World a Living" (issue of July 7) with great satisfaction. I also generally find the editorials in The Outlook quite satisfactory. However, they set forth one principle which I cannot see their way; namely, that the currency should be deflated. After the Civil War this could not be avoided because gold and paper were not on a par. But now I can see no reason for deflation, nor any result but misery to the debtor and profit to the creditor, myself included. Instead of deflation of the cur rency I should pursue the following policies to remedy the high cost of living:

All manufactures should show both cost price and selling price of the manufacturer, the jobber, the wholesaler, and the retailer; for secrecy is the corner-stone of profiteering, the absolutely impassable bar between capital and labor, and, incidentally, the heaviest drag on production. Interference with price is of doubtful merit in any case. All manufactured articles should bear a label showing the materials of which they are composed. Congress should provide a law under which any body of citizens can co-operate in commerce and industry under Government supervision.

JAMES W. Dow.

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TAKE IT FREE

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What you can do for your own
success in fifteen minutes a day

Told by Dr. Eliot of Harvard in this free booklet
Every Reader of The Outlook is invited to have a copy

WHY

not

HY not decide now-to-day-that you will stop wasting your reading time? Why not say to yourself: "I will read in such a way that six months from now I will be a bigger, more effective, more interesting man or woman than I am to-day. I will make mine a growing, disciplined mind, the kind of mind required for success to-day.

You can do it. Dr. Charles W. Eliot, from his lifetime of reading, study, and teaching, forty years of it as president of Harvard University, tells how in a free booklet that you can have for the asking. In it are described the contents, plan, and purpose of

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Dr. Eliot's

Five-Foot Shelf
of Books

The pleasant path to a liberal education

Every well-informed man and woman should at least know something about this famous library.

The free book tells about it-how Dr. Eliot has put into his Five-Foot Shelf "the essentials of a liberal education," how he has so arranged it that even

fifteen minutes a day" are enough, how in pleasant moments of spare time, by using the reading courses Dr. Eliot has provided for you, you can get the knowledge of literature and life, the culture, the broad viewpoint that every University strives to give. This handsome and entertaining little book is free, will be sent by mail, and involves no obligation of any sort.

MAIL THIS COUPON TO-DAY

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P. F. COLLIER & SON COMPANY
PUBLISHERS OF GOOD BOOKS SINCE 1875

MAIL THIS

Address..

0-9-8-20

THE OUTLOOK. September 8, 1920. Volume 126, Number 2. Published weekly by The Outlook Company at 381 Fourth Avenue, New York, N. Y. Subscription price $5.00 a year.

Entered as second-class matter, July 21, 1893, at the Post Office at New York, under the Act of March 3, 1879.

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NEW YORK CITY

UNION THEOLOGICAL SEMINARY
Broadway at 120th Street
New York City

The charter requires that "Equal privileges of admission and
instruction, with all the advantages of the Institution, shall
be allowed to students of every denomination of Christians."
Eighty-fifth year begins September 22nd, 1920.
For catalogue, address THE DEAN OF STUDENTS.

PENNSYLVANIA

SCHOOL of Horticulturtill

porated), Ambler, Penna, Practical work in greenhouses, vegetable and flower gardens,, . orchards, poultry plant, apiary, jam kitchen. Lectures by competent instructors. Regular Two Year Diploma Course, fitting women for self-support or oversight of own property, begins January 17, 1921. Catalogue. Elizabeth Leigliton Lee, Director. TRAINING SCHOOLS FOR NURSES THE ELIZABETH GENERAL HOSPITAL Elizabeth, New Jersey offers a complete course in nursing to desirable candidates. An allowance of $36 is given at completion of first three months, $15 a month for remainder of first year and the second year, and $20 a month for the third year. Registered school. Address SUPERINTENDENT OF NURSES.

St. John's Riverside Hospital Training School for Nurses

YONKERS, NEW YORK

Registered in New York State, offers a 3 years' coure-as general training to refined, educated women. Requirements one year high school or its equivalent. Apply to the Directress of Nurses, Yonkers, New York.

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BY SUBSCRIPTION $5.00 A YEAR. Single copies 15 cents.
For foreign subscription to countries in the Postal Union, $6.56.
Address all communications to
THE OUTLOOK COMPANY

381 Fourth Avenue

New York City

L

THE CONTRIBUTORS'

GALLERY

AURENCE LA TOURETTE DRIGGS, author of "Speed Thirst Satisfied," has slaked his speed thirst in many thrilling flights. He was an observer during the war and often flew over the lines. He is the President of the American Flying Club. He has contributed previous articles on aviation to The Outlook. He probably knows and is known by more aviators in the United States and Europe than any! other American identified with aviation. He is reorganizing the aviation section of the Police Reserve of New York, at the request of the Police Commissioner. His next article, entitled "Is Flying Dangerous?" will appear in an early issue.

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WE THEN BRUCE BARTON is not engaged in making after-dinner speeches or writing magazine articles, he presides over the advertising destinies of a number of large national adver tisers, as President of the New York, advertising firm of Barton, Durstine & Osborn, Inc. Mr. Barton was born in Tennessee, and went to Amherst Col lege. He was editor of "Every Week "during that novel journal's interesting life. His article, "The Faith of Frank Stearns," is another story of Calvin Coolidge, Republican candidate for Vice-President of the United States. 1

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