March 24, 1947 (8 pages)

The beautiful hope chest, which . he Academ benefit, sponcored by Mount . mt Bert’s dry goods storé/in Grass falley, on Mill Street for four days, April 3, 4, 5, 7, together with the ‘@ecortment of the gift articles which will ‘tbe sold at the Mount St. Mary's. ®t. Mary’s Business School, class of , *47. and the alumni, e exhibited . AME LIVER oF , 4HE DOGFISH SHARK 1S AMERICAS 3 CHIEF SOURCE oF VITAMIN A i Co, Ade Re. THE MANGINI BROTHERS, FAMOUS FRENCH BALANCING ATHLETES, PERFORMED A COMPLETE ONE Son a A DER . Sr., SCHOOL TO OPEN GRASS VALLEY: George Raddue, president of the Grass Valley Sportsmen’s Flying Club, has announced that a ground school for members and others interested in_inARM “GET upP* With HIS a 7 ad PARTNER INA HALF ARM PLUNGE BALANCE we will have ah opportunity ng thie big award for the. Business -school students : frends, and members of for this event. i . Playing for the evening will . really fs. In Shanghai, for instance, . to carry. It cost $1500 to take a ride 1 On a street car, . a little over $80 in American money ? . money, ft is easy to see what shop. ping ig like in China, Over there it ‘Ss LIVE OwTsiDE THE HAVE uN es? : 350, 000 a ee eerie. Sov. BEANS qURouchout AT LEAST GOLD VS. INFLATION _Tiiose who travelled with Secwetary Krug throughout the Orient had a chance to see what inflation the members of the party wanted a little Chinese money to pick up some trinkets and «souvenirs and to pay for incidental expenses while in China. I asked them to get me exthange for $20—they brought me $238,000 in Chinese asoney, all of it in $1000 or $2000 bills. There was so much of it, it was uncomfortable A meal costs from $15,000 to $25,000. I was amascd to ride by the clothing stores and see Whpes advertised 2: $59,000, $50,000 and $70.000-a paid. The legal frate of exchange is 12,000 Chinese ‘dollars to one American dollar. With buying a million dollare in Chinese iMegal to deal in what they call ola” — they call all American » ba pag vacuity in. Ameri-. af ! . . The U. S. can paper is called “dealing in gold” although in fact there is no hard money at all in circulation in China. As far as I can find. out, doesn’t seem to be very much that can be done to brace up the Chinese currency. They intend to peg the Chinese dollar at 12,000 to one and then try to kill the Diack market by the very strongest: type of law en-forcement. However, I doubt if they can do it. The mayor of Shanghai told me the communists were doing evtrything they could to keep the inflation spiraling in order to insure the collapse of the Chinese central government. This appears to be standard communist tactics —we wave seen a little of it in our own country, In Japan we found the same situation, but not on such a grand scale. The Japanese money has been pegged at fifteen to one which is an,. artificial pfice. The black market is quoting 30, 40 and 50 to one, and I heard one quotation in the Imper‘ial Hotel in Tokyo of an exchange being offered at 80 to one. Howevér the military government in Japan is much. more capable of controlling the Chinese} the situation than is ‘central government. I regret that more Americans can ‘t ing. press money. = to every. person in the country. scientists believe. aes — . there , ee what happens when a currency is inadequately. backed. by gold and} he public loses confidtnce:in their government A. gold backing of anyy substantial percentage would imdiately stabilize the Chinese curHlrency, but the gold backing is not available. The example of China, Japan and some of the European. countries should be a clear lesson’ not to folloy the. pied piper of printFish and Wildlife Serprice recently reported tne rat popuMiation is now 130,000,000 or one rat The hormones secreted’ by. thel{ pituitary and thyroid glands are factors in the growth of teeth through the gums, University of California . struction in meteorology and the . theory of flight will be opened im' mediately. The courses will be given Friday/ evenings by Chandler Harris and Robert Roesner, both of whom taught aeronautics in training pilots for the last war. In your. The Sportsmen’s Flying Club has h limited its membership to twenty. the Every member must have certificatPara de es from the Civil Aeronautics Ads ministration. PROGRESS IN THE PARK NEVADA CITY: City Councilman Charles W. Veale, Chamber of Commerce President George Hansen and Chamber of Commerce Park Committee Chairman Ed Hewston, all report progress on the park development. — cee Several thousand feetof lumber have been donated by sawmill companies, and 7000 feet has been se-ured from the trees which obstructed the ball park and have been cut down. Work is going forward in filling and leveling the ball field. es." all through now. There are people who believe that they are smarter than the English; they are not the British. @ Luckily seed catalogs have been distributed before the discussion of in¢reased postal rates. Easter bonnet (selected from our breathtaking group) you'll be belle of the Easter HOSIERY AT ITS BEST.—.ALL -SIZES in Spring’s newest, most flattering shadSUITS For Easter strolling and the spring. See our Easter collection THE UNIQUE 130 Mill St. t oateentientnatintene nation Phone 183 \ Ph NTA man BEAUTIFY YOUR HOME WITH MODERN PAINT COLOR’ HARMONY n* . ume FULLER \ PAINTS ey last AA ee conte veiy Misle 0 pelnd « kduchen ox beh room. But be sure to use good paint that will withstand frequent down with soap suds because kitchens and bathrooms _ get hard wear and are bound to accumulate 6 ee em Segue weenie ot Svea? that just can’t be avoided. You don’t need cash. Paint jobs applied (your favorite painter if you wish) on low monthly payments. A 40 PAGE RECIPE BOOK OF COLOR SCHEMES FOR INTERIORS, EXTERIORS AND FOR PAINTING FURNITURE MONDAY, MARCH 24, 1947, — ~V~ Rye jamee ermaren bnae To E re 4 fats, —————> For two Y le have friendly rtle a mat ng freel , a frien toric and 4 pmericans 2! the long yea declaration 1 China. The further .cem* action in den ceived as dai Rebellion to for. Chinese gniversities A But with 1 F ¢he are indi they are. inc ammt tracks, sent friendship © possible for the Russian fritndships An iron . by: Winston Russia and jron currain itburo, T chosen grou _ munist Pa govertis the apeaking a millions of politburo d gians shall western det friendships the reason might dest Russians to ~~ To break with radio gttempted ‘ “fs, We thin ot enlight« tact seems afew Russ ings of our “the mass > point of 1 “minority 1 “nomi and “der preser planned at a good m: haps. In the 1x United Sta jon that n 44 eonomic .

The beautiful hope chest, which . he Academ benefit, sponcored by Mount . mt Bert’s dry goods storé/in Grass falley, on Mill Street for four days, April 3, 4, 5, 7, together with the ‘@ecortment of the gift articles which will ‘tbe sold at the Mount St. Mary's. ®t. Mary’s Business School, class of , *47. and the alumni, e exhibited . AME LIVER oF , 4HE DOGFISH SHARK 1S AMERICAS 3 CHIEF SOURCE oF VITAMIN A i Co, Ade Re. THE MANGINI BROTHERS, FAMOUS FRENCH BALANCING ATHLETES, PERFORMED A COMPLETE ONE Son a A DER . Sr., SCHOOL TO OPEN GRASS VALLEY: George Raddue, president of the Grass Valley Sportsmen’s Flying Club, has announced that a ground school for members and others interested in_inARM “GET upP* With HIS a 7 ad PARTNER INA HALF ARM PLUNGE BALANCE we will have ah opportunity ng thie big award for the. Business -school students : frends, and members of for this event. i . Playing for the evening will . really fs. In Shanghai, for instance, . to carry. It cost $1500 to take a ride 1 On a street car, . a little over $80 in American money ? . money, ft is easy to see what shop. ping ig like in China, Over there it ‘Ss LIVE OwTsiDE THE HAVE uN es? : 350, 000 a ee eerie. Sov. BEANS qURouchout AT LEAST GOLD VS. INFLATION _Tiiose who travelled with Secwetary Krug throughout the Orient had a chance to see what inflation the members of the party wanted a little Chinese money to pick up some trinkets and «souvenirs and to pay for incidental expenses while in China. I asked them to get me exthange for $20—they brought me $238,000 in Chinese asoney, all of it in $1000 or $2000 bills. There was so much of it, it was uncomfortable A meal costs from $15,000 to $25,000. I was amascd to ride by the clothing stores and see Whpes advertised 2: $59,000, $50,000 and $70.000-a paid. The legal frate of exchange is 12,000 Chinese ‘dollars to one American dollar. With buying a million dollare in Chinese iMegal to deal in what they call ola” — they call all American » ba pag vacuity in. Ameri-. af ! . . The U. S. can paper is called “dealing in gold” although in fact there is no hard money at all in circulation in China. As far as I can find. out, doesn’t seem to be very much that can be done to brace up the Chinese currency. They intend to peg the Chinese dollar at 12,000 to one and then try to kill the Diack market by the very strongest: type of law en-forcement. However, I doubt if they can do it. The mayor of Shanghai told me the communists were doing evtrything they could to keep the inflation spiraling in order to insure the collapse of the Chinese central government. This appears to be standard communist tactics —we wave seen a little of it in our own country, In Japan we found the same situation, but not on such a grand scale. The Japanese money has been pegged at fifteen to one which is an,. artificial pfice. The black market is quoting 30, 40 and 50 to one, and I heard one quotation in the Imper‘ial Hotel in Tokyo of an exchange being offered at 80 to one. Howevér the military government in Japan is much. more capable of controlling the Chinese} the situation than is ‘central government. I regret that more Americans can ‘t ing. press money. = to every. person in the country. scientists believe. aes — . there , ee what happens when a currency is inadequately. backed. by gold and} he public loses confidtnce:in their government A. gold backing of anyy substantial percentage would imdiately stabilize the Chinese curHlrency, but the gold backing is not available. The example of China, Japan and some of the European. countries should be a clear lesson’ not to folloy the. pied piper of printFish and Wildlife Serprice recently reported tne rat popuMiation is now 130,000,000 or one rat The hormones secreted’ by. thel{ pituitary and thyroid glands are factors in the growth of teeth through the gums, University of California . struction in meteorology and the . theory of flight will be opened im' mediately. The courses will be given Friday/ evenings by Chandler Harris and Robert Roesner, both of whom taught aeronautics in training pilots for the last war. In your.

The Sportsmen’s Flying Club has h limited its membership to twenty. the Every member must have certificatPara de es from the Civil Aeronautics Ads ministration. PROGRESS IN THE PARK NEVADA CITY: City Councilman Charles W. Veale, Chamber of Commerce President George Hansen and Chamber of Commerce Park Committee Chairman Ed Hewston, all report progress on the park development. — cee Several thousand feetof lumber have been donated by sawmill companies, and 7000 feet has been se-ured from the trees which obstructed the ball park and have been cut down. Work is going forward in filling and leveling the ball field. es." all through now. There are people who believe that they are smarter than the English; they are not the British. @ Luckily seed catalogs have been distributed before the discussion of in¢reased postal rates. Easter bonnet (selected from our breathtaking group) you'll be belle of the Easter HOSIERY AT ITS BEST.—.ALL -SIZES in Spring’s newest, most flattering shadSUITS For Easter strolling and the spring. See our Easter collection THE UNIQUE 130 Mill St. t oateentientnatintene nation Phone 183 \ Ph NTA man BEAUTIFY YOUR HOME WITH MODERN PAINT COLOR’ HARMONY n* . ume FULLER \ PAINTS ey last AA ee conte veiy Misle 0 pelnd « kduchen ox beh room. But be sure to use good paint that will withstand frequent down with soap suds because kitchens and bathrooms _ get hard wear and are bound to accumulate 6 ee em Segue weenie ot Svea? that just can’t be avoided. You don’t need cash. Paint jobs applied (your favorite painter if you wish) on low monthly payments. A 40 PAGE RECIPE BOOK OF COLOR SCHEMES FOR INTERIORS, EXTERIORS AND FOR PAINTING FURNITURE MONDAY, MARCH 24, 1947, — ~V~ Rye jamee ermaren bnae To E re 4 fats, —————> For two Y le have friendly rtle a mat ng freel , a frien toric and 4 pmericans 2! the long yea declaration 1 China. The further .cem* action in den ceived as dai Rebellion to for. Chinese gniversities A But with 1 F ¢he are indi they are. inc ammt tracks, sent friendship © possible for the Russian fritndships An iron . by: Winston Russia and jron currain itburo, T chosen grou _ munist Pa govertis the apeaking a millions of politburo d gians shall western det friendships the reason might dest Russians to ~~ To break with radio gttempted ‘ “fs, We thin ot enlight« tact seems afew Russ ings of our “the mass > point of 1 “minority 1 “nomi and “der preser planned at a good m: haps. In the 1x United Sta jon that n 44 eonomic .