CLEAR THE WAYS FOR 1922! MERICAN BUSINESS, backed A by adequate banking facilities, is bound to win. Has your business the needed banking facilities? The CONTINENTAL and COMMERCIAL BANKS CHICAGO Complete Banking Service More than $55,000,000 Invested Capital The First National Bank of Boston Transacts commercial banking business of every nature Make it your New England Bank Capital, Surplus and Profits $37,500,000 time may come when the currencies some of these countries may be depre ciated to such an extent that they can no longer be used as media of exchange Certainly it does not seem possible tha countries like Russia and Germany wil ever be able to redeem their outstandin notes. And if they cannot do this wha is the money' worth? Along with the inflation and deprecia tion of European currencies goes an in creasing feeling of anxiety and distrus on the part of the people. Can a man be expected to sell goods and agree to take a certain number of rubles in par ment ninety days from date when he has been watching rubles decline steadily in value for several years and has every reason to expect a further drop during the ninety days before his payment is due? Business is done principally on credit-money to be paid at some future date in return for services rendered or goods and merchandise delivered. If people have no faith in money having any value at that future date, they will not extend credit. Confidence is de stroyed, depression settles down upon business, production ceases, and hard times and high prices prevail. Depression in business curtails gov ernment revenues, and in order to meet expenses the governments issue more money, and the evils of inflation and depreciation are further emphasized and matters made worse. Round and round the circle they go, becoming constantly more involved, digging themselves deeper and deeper into a hole from which they are sure to find it increas ingly difficult to climb out. Russia, for instance, seems to limit the amount of money in circulation only by the capacity of the printing-presses to turn it out, until Russian money is now scarcely worth the cost of the paper and press work. The situation in some of the European countries has improved during the past year, and the situation everywhere is not as black as we have painted it here. The English pound sterling, for example, is now worth about eighteen per cent more than it was a year ago. French, Belgian, and Swiss francs all show advances in the same period. Italian lira are quoted at twenty-five per cent more than a year ago. Dutch florins have gone up. The Norse, Danish, and Swedish crowns have all shown improvement. Spanish pesetas have risen from 12.92 cents to 15.30. In other words, there is cause for encouragement in many quarters. But what the world needs and must have is a return to the gold standard. Which is to say that all currency issued must be redeemable, and redeemable in terms of gold. When the gold standard obtained throughout the world, the violent fluc tuations in foreign exchange which we have been witnessing during the past few years were unheard of. A common standard of values obtained, and a merchant in New York or London or Shanghai could do business with all the rest Are You An Investor? During the past year the FINANCIAL DEPARTMENT (Continued) of the world on a sound basis and enter into contracts with justifiable reliance on exchange conditions insuring a profitable outcome of his transactions. At the present time foreign exchange is subject to such violent and sudden fluctuations that it is scarcely more than a gamble to try to predict its actions some time hence. Foreign trade is not only hindered, but in many cases is seriously crippled. Our export business, for example, has almost disappeared. Foreign currencies go such a little way when changed into dollars that no one can afford to buy from us. Naturally this state of affairs is a handicap to the United States as well as to the other nations of the world. It is to our interest to see that the countries of Europe are placed on a going basis once more. In the case of many of them there seems no way but for them to cast aside their present currencies and start fresh. Otherwise they are almost certain to discover that the millstone of depreciated currency hanging around their necks is more than they can carry and they will find themselves sinking in a sea of paper money. Think of these things when German marks look cheap to you and you are tempted to buy. Think of them when Russian bonds are offered you at "bargain" prices. Send money to Russia to help her starving people, but don't buy thousand-ruble bonds as an investment. A thousand rubles would scarcely be car-fare in Petrograd. Consider the kind of governments which exist in the European countries before you buy their bonds, and consider the kind of people too. Are they striving honestly and whole-heartedly to improve matters? Are they willing to undergo sacrifice for the good of their fatherlands and deny themselves that their country's condition may be bettered? Have they gone forward or backward during the year just passed? It is said that the direct expenditures upon the war have not cost the peoples of Europe nearly as much as their paper currencies, nor thrown them into any greater state of disorder or caused them any more misery. Only recently has the world at large seemed to sense its peril. The economic strain of maintaining armaments is to be lessened if the news from Washington is not misleading. The Four-Power Treaty will do much to remove the menace of war from a warsick world. International events seem to be impending which will prove really constructive forces in finance and business, and people generally are more optimistic than they were. And, after all, international events are the really important things now. If one is interested in seeing how the business and financial world interprets these events, he can . 12 It tells how to receive a generous income for life: regular, unchangeable, non-taxable. Investment absolutely safe. Your money helps a Christian enterprise. American Bible Society THE OUTLOOK CLASSIFIED ADVERTISING SECTION Advertising Rates: Hotels and Resorts, Apartments, Tours and Travel, Real Estate, Live Stock and Poultry, sixty cents per agate line, four columns to the page. Not less than four lines accepted. "Want" advertisements, under the various headings, "Board and Rooms," "Help Wanted," etc., ten cents for each word or initial, including the address, for each insertion. The first word of each "Want" advertisement is set in capital letters without additional charge. If answers are to be addressed in care of The Outlook, twenty-five cents is charged for the box number named in the advertisement. Replies will be forwarded by us to the advertiser and bill for postage rendered. Tours and Travel The European Summer School EUROPE 1922 Hotel Le Marquis of $200 each in connection with its Study Courses in Europe Address: BUREAU OF UNIVERSITY TRAVEL 15 Boyd St., Newton, Mass. EGYPT, PALESTINE Sail Jan. 10, Feb. 18 and March 4. MADEIRA, GIBRALTAR, ALGIERS, MONACO, NAPLES, CAIRO, THE NILE, JERUSALEM, CONSTANTINOPLE, ATHENS. EUROPE 1922 ITALY, SWITZERLAND, FRANCE, BELGIUM, TEMPLE TOURS 65A FRANKLIN ST., EGYPT AND Wayside Inn NEW LORD Sailing March 4, 1922 H. W. DUNNING Little Bldg. Boston, Mass. EUROPE in 1922 ORTH TOURS HILE 821 Centre St., Boston 30, Mass. THE beauty, fascination, and mys- The Valencia St. Augustine tery of the Orient lures visitors from all over the world to JAPAN The quaintest and most interesting of all Rates for a single room without bath and with 3 meals, $5-6 in cities and popular resorts, $4-5 in the country EGYPT and Mediterranean Lands with Prices $1,790 and up EUROPEAN TOURS with and without bath. Rates $3.50 per day, Health Resorts Sanford Hall, est. 18: For Mental and Nervous Disease Real Estate FLORIDA For Sale. 2 furnished cottages with running water, plumb ing, sleeping porches. Plenty of fruit. Salt water fishing Moderate prices 6,141, Outlook Florida-Ormond by the Sea g the Be FOR CASH A MOST DESIRABLE HOME. Comprises a new modernly b and equipped nine room house located ins 20-acre oak grove. Good garden, splendid water, electric light and power. Delightful climate, in heart of Blue Ridge Mounts Most desirable place for those seeking bealth and rest. Many people have recently come to this section from North and West Inquiries solicited. J. M. STEPHENS, Montvale, Va BUSINESS OPPORTUNITIES COOKING for PROFIT. Earn handasse income; home cooked food, catering. room, etc. Correspondence course School Home Economics, Chicago. UNUSUALLY desirable stationery for type of correspondence. 200 sheets high grade note paper and 100 envelopes printed with your name and address postpaid $1.50 Samples on request. Lewis, 284 Second Are, Troy, N. Y. I BY THE WAY A N item in an article about the Oxford University Press published in the American Printer" suggests a conservaism distinctly foreign to American ractice. It reads: "Four or five buildigs of the Oxford University Press are iven over largely to the carrying of rinted sheets, many of which have been rinted nearly a hundred years. The Idest book of which sheets are still on and was printed in 1750." One woners how much longer these sheets will e carried while the Press is waiting for new edition to be called for. "You know what a difference a shave nd a haircut make in your thoughts," bserves the philosopher of the "Type Metal Magazine," discoursing of social roblems. "You sit in a barber's chair, ired and depressed. A half hour later ou get up, cheerful and optimistic, rereshed in mind and body. Suppose you haved about once a week, bathed every ther week, slept between dirty blankets n a room with five other men, ate reasy, badly cooked food, and worked n a shop that never had a thorough leaning. You might join the 'reds' and rotest against the government, but you would really be protesting against dirt und bad food." "One of the greatest misfortunes that have befallen the Negro race in its enire history in America" was "burlesque on the stage." This rather surprising statement is made in a newly published Inquiries at Seven Cents Each! The following letter was recently received by the Classified Department of The Outlook, entirely unsolicited: Perhaps you are selling an article of merit through the mail. Would 'Social History of the American Negro," you like to secure orders at cost of seven cents apiece? The adverby Benjamin Brawley. This form of tiser quoted above has found the answer. depreciation of the race, however, acCording to the author, began in England in 1768 in a play called "The Padlock," in which Mungo, a West Indian slave, appears as a drunken ne'er-do-well. GLUTEN BREAD for DIABETICS. We send parcel post, at 30c. plus zone rates of stage, a palatable one pound loaf of gluten ead, high in protein, low in starch. With tisfactory references furnished, will bill onthly, or you may remit several loaves in vance with refund if unsatisfactory. Mailweight with wrappings two pounds. ferences: Guardian Savings & Trust Co., eveland. STRANAHAN BROS. CO., 421 perior W., Cleveland. O. FANCY shelled peanuts, 4 lbs. $1 prepaid. risp, crunchy, delicious. Great fun roasting em. Recipes for candies and salted peanuts cluded.Chesterfield Plantation, Norfolk, Va. The advertising rate in this section is only ten cents per word. FOR THE HOME FAMILY trade wanted, strictly fresh, white eggs. Direct from producer, eight or sixteen dozen containers. Charles Phelps, Wilton, N. Y. GAMES AND revues PLAYS, musical comedies and HELP WANTED Companions and Domestic Helpers TRAINED cook or dietitian wanted. Small family. Near Detroit, Michigan. References. 786, Outlook. WANTED - Young woman for general housework or mother's helper. References required. Mrs. Hartshorne, New Canaan, Conn. WORKING housekeeper in school for seven backward pupils, where all household shares in domestic duty; applicants must have had at least high school education and possess teaching instinct and fondness for children; work required is mending, care of second floor, and cooking one day every week. Charlotte Hoskins Miner, South Orange, N. J. Tel. 774 8. O. THE OUTLOOK COMPANY 381 Fourth Avenue HELP WANTED Teachers and Governesses WANTED at once, lady governess, Protestant, not over thirty, good teacher, for girl 7. Country. Salary sixty dollars a month. Please send picture and reference. Box 15, Fairville, Chester Co., Pa. SITUATIONS WANTED Professional Situations HELP!- Young man, college graduate, Companions and Domestic Helpers HIGH class German, graduate nurse, good traveler, without relatives, excellent manager of households, useful companion, lady or gentleman. Unquestionable references. 653, Outlook. SITUATION as companion or caretaker in country house. 775, Outlook. YOUNG lady of refinement wishes position as traveling or home companion. References. Address H. E., Gen. Del., Wilmington, N. C. WANTED-Position as housekeeper in settlement house or assistant to housekeeper in woman's club or girls' school. Best of references. 806, Outlook. SITUATIONS WANTED Companions and Domestic Helpers NURSE companion desires to go to California this winter. Highest references. 801, Outlook. MISCELLANEOUS MISS Guthman, New York shopper, wil shop for you, services free. No samples References. 309 West 99th St. WANTED-Invalid, defective, or elderly people to board. W., Pawling, N. Y. BOYS wanted. 500 boys wanted to sell The Outlook each week. No investment necessary Write for selling plan, Carrier Department The Outlook Company, 381 Fourth Ave. New York City. AMERICAN lady of refinement going South in January will give services as chap eron or companion for traveling expense: paid. References exchanged. 796, Outlook. SHAKESPEARE-How many question could you answer on Shakespeare? Consul the game "A Study of Shakespeare." "En dorsed by best authorities. Instructive and entertaining. Price 50 cents. The Shake speare Club, Camden, Me. CHILD hampered by spastic paralysi (Little's disease) will be cared for and taugh with group of children similarly afflicted Cannot take child absolutely helpless or ove ten years of age. Physicians' reference: 803, Outlook. GRAMMAR-Teach by a method that chil dren understand. Use Sharp's "Elements o English Grammar." $1.25. B., Milmay, N. J 1 A new book just issued. 271 Hymns and Scripture Readings selected from the famous MOODY & SANKEY GOSPEL HYMNS 1 to 6 Carriage extra WHITING-ADAMS Vulcan Rubber Cemented Shaving Invincible Hair Brushes. Strong, stiff bristles. Beautiful wood, richly finished. Very popular with lovers of good brushes. Send for Illustrated Literature JOHN L. WHITING-J. J. ADAMS CO. BOSTON, U.S.A. Brush Manufacturers for Over 112 Years and the Largest in the World MEMORIALS AND HONOR ROLLS TABLETS IN BRONZE SEND-FOR-FREE BOOKLET OF DESIGNS JOHN POLACHEK BRONZE & IRON C DEPT G 474 HANCOCK ST. LONG ISLAND CITY, N.Y. In 1842 the "Virginia Minstrels" made their formal début in New York on February 17, one of their songs being the afterwards world-famous "Dixie." "Christy's Minstrels" did not begin their New York career until 1846. What is believed to be the longest regularly assigned run in the United States for steam passenger locomotives, according to the "Railway Age," was inaugurated by the Missouri, Kansas, and Texas Railway on November 6. Oil fuel having recently been adopted on the line between Dennison, Texas, and Parsons, Kansas, the plan has been adopted of operating two of the heaviest trains on the line with a single locomotive each way between San Antonio and Parsons, a distance of 678 miles. These trains regularly handle from ten to twe cars and frequently are required to han dle extra cars. They have been operated on time since the establishment of the long run. 1 Archdeacon Whateley was having an argument with a friend, as related in a book of anecdotes, and the friend said: "One cannot argue with you, for you will never admit one's premises. I don't be lieve that you would admit without argument that two and two make four." "Certainly not," said the Archdeacon. "For instance, they might make 22." The famous Kutub Minar, in Delhi, India, of which a picture by Elmendorf FREE BOOKS appears on our front cover this week, is described in E. B. Havell's "Indian Architecture" as follows: The great Tower of Victory known as the Qutb Minar . . . belongs to a class of monument in which the Hindus excelled; though this one is a Saracenic modification of the Indian type. They were no doubt derived from Buddhist structures, which again may have had their prototypes in Babylonia and Assyria. The three finely proportioned lower stories of the Qutb Minar, which were probably designed by masons from Ghazni, belong to the original tower; their exceeding beauty is greatly marred by the upper part, which is a badly conceived restoration and addition of the Sultan Firuz Shah (1351-88). A "classical" cupola added to the sum.mit by a [British] Public Works engineer in the early part of the nineteenth century has fortunately been removed. "What makes you so black, "Tilda?" asked Mary Jane of the little colored girl, as reported in a humorous weekly. "Huh!" said "Tilda, "you'd be black too, if you was born at midnight, in a dark room, and had a black fadder and a black mammy." |