Out Of Town Shopping

the puipose of attracting trade (rom the Interior towns t the ;etail merchante of Detroit the BTening News iiiid Detroit Tribune have eomaieo-ced a system of "plngging" whfeh, viev.-.-d frOL-.i a Detroit, stand]) m;. f. ..' be commendable. bot which i-1 uot ealeulated to meet with favoi wlth business interest otrtside of that city. The schenu' is compreheiwive, covering everytWng from the clothing of fcKe family to the supiilies for tin table. The ews cloaee a glowln deseriptlon of the merita of "?hopping by mail" with the follOTvlng a-ppeol: "Now just a word to those w!io have been ah-eady cnrvertetl to bnying by mail, out who have been persuaded into the idea t lia t thcy have to bu.i i-i Chicago or New York. Have yon people tried Detroit? Yon canuot beat Detroit goods or Detroit iirices. Besddea, yon oug&t to bave soiue regavd l'ov your owii state. Every bit of business dlverted trom Detroit Is diverted fi-oiu the state of Michigan. Just fcry a Detroit house the nexi time you are seuding out an order," The News inight have sauí. Ilavr you trieil your home town? . You eaunot beat, your home goods or your home pnces? Besides yon ougiit to h;.ve som,' rejrard for yóur own town, your owu loeality and th' peopte upan whom you must depend directly ten your own prosperlty. Every bit of business divertejJ frou; your iioin town is so mnch subtraeted trom. its prosperity. Tacre are few towns of eonsequeuce iii Michigan whose business houses eannot grve just as rood values for the same money as the shops of Detroit can glve, and the buyer wtoo purdhasee of a home dealer has the satisfactiou of knowin.ir that ie. is assist ing in upfbuIMlng the reáources of the community upon which lie himself nuisi depend. The Incentive "for out of town ghopplng" lies in the erroneous notion that better bai-gains m.-:y li.' had in large citie. bat in oourse oí tu. -e such ootions are dispelled by expericnee. itoaest ,?oods ilemand lionest prices evry wnere, ::ik! he wiio deals witlt his local dealer bas til; advautage of a guatamoe of honest deJling which eannot be had from an mitsitie coucera. 'I'lic Denmciat does Hot ('av.ir !e;;i.-,lntioH iuicnded to haaiper selection of the innividual or restriot co'itpetitiou in any manner. eveu thougüi it 1m advaaced undcr Hkv specious plea. of protection to an unsophisticated public. Such measures are uot OLly unjiist. hut they fail to produce the results mten.lcd. Tlie best lessoD for the out of town shopper is expereuce. Few people con-t'inue loug in this practicc for the reason that they fa il to rei-eive satistfactipn. Thcre is mi question but that iocdl pride and1 ioyaJty to local iwterests are two esseutial requigites of a live town. And this loyalty must be manifested .1 v Hioee who have good-s to sell as well as by tiiose who have goods to b'ty. The evident and ultímate purpose oí the bankers to secure control of the currency is outlined in the following reru&rks of Secretary Gage before the house committee on currency: "Theoretically, there is no reason why it should not be done no'w; praetioally, there are inany reasons. The pre-disposition of the people is in favor of government notes. I bellere the economie loss to the people from tlvis system, althougli unknown, outweighs the narrow advantage of the moi'e saving of interest secured by those government notes. Yon oanuoi change the minds of the people. They re timid and suepieious of bank ome issues. They disbelieve that any one can nphold a system such as I bave sketdhed without seltish and sordid motives. They fear it involves hazard and loss. Thoy recal] the period of '.vildcat banks. It is desirable, tlnnfore, to niake the first step so simple as t show the people that it tovolves no dangers, so that in tirne the ful] development of the plan would be responsivc to public sentiment.'' Says Senator Xlason (Rep.) of I!liïiois: "I lo nol believe in retiring the greenbaeks and Issuing notes without tl sevurity oí the pnvriiiiieui. That 13 aivparently the only w-hich stands between us aul a return to t!i' old red-dog and srump-hiil eurrency. I don't: think we want to return to those days again. and it wonld irequire something more than the opinión of a nionetary conmiission to show that asset banking is prefernli!e to notos IwsíhI on the credit of the w'hoii1 country." The senator seetns to le out of joint wirli tlie gentleman trom Chicago wiio is ruiiiishiur the finaacial aeumen for the admimistration hut he has giveu expression to an opiuion In -ld by niue-tenths of the American people. In tlioory a ciutmc.v bas 'il apon tile assets of banking corporations may be all right, but in practiee it has been all wrong. The conditio i erf ideal honesty and conalderatioü for private to public welfare, mvessary for the sui-e'-ssful operatiön of that theory, is yet to be esla-blished. Tlie advocates of bank cvUTeney rectogOKüe tliis rruisni wheu tüey provide In tbeir schemea fot goyermnent supervisión and sii111"111'1' of ïvdemption. But if the goverunicnr redit ím so good and so stronf that it is to be preferml t the credit of the banks, why residu to the banks the power and pr.itit of issuinj; a currency ?