The Shamrock Texan (Shamrock, Tex.), Vol. 24, No. 17, Ed. 1 Thursday, August 25, 1927 Page: 3 of 8
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ttaartck, Wheeler Coaaty, Thu
HIE SHAMROCK TEXAN
THarmUj, Aagaat 251*. 1927
New Currency Will Be Issued
By U. S. Government In 1928
We are going to have some new
paper money; not new in the sense
of being crisp and unsoiled merely,
but different in size and in design.
The work of making new plates and
arranging for the retirement, of the
old bills will delay the change until
next year, but it is interesting now
to hear about the plans of the Treas-
ury Department, which contemplate
a complete reform in our complicated
system of paper currency.
In the first place all bills are to be
about a third smaller—an inch and
a quarter shorter and seven-eights
of an inch narrower -than they are
now. The Treasury officials are sure
that bank tellers will find the smaller
bills easier to handle, and that the
public will find them more convenient
for their pocket books or for mailing,
since they will require little or no
folding. The government has been
making currency of the new size for
twenty-five years for the Philippine
Islands. Originally the smaller bills
were used for that, purpose because
twelve of them could be printed at
»
once on the presses that would take
only eight of our bills; and the
economy of paper and labor was
necessary when the Bureau of En-
graving and Printing found itself
auddenly called upon to furnish this
extra supply of money to the govern-
ment.
The Philippine currency has proved
a success. Everyone who has han-
dled it prefers it to the larger bills.
It was the general testimony of the
superior convenience of the Philippine
money that first suggested to the
Treasury the idea of making the
domestic paper money of that size.
Incidentally the change will save
about two million dollars a year.
The government now makes five
different kinds of paper currency:
national bank notes, gold certificates,
silver certificates, Federal Reserve
notes, and United States notes, most
denominations from $1 to $20 being
issued in each one of the five differ-
ent types of money. We have in
circulation today, for instance, five
different kinds of ten dollar bills.
According to the new plan this con-
fusion will be avoided. National
bank notes will pi'obabiy go
out of existence altogether. Silver
certificates will be for one dollar and
for nothing else. Greenbacks will
all be for five dolliars and they will
be the only five dollar bills made.
The higher denominations will be
either gold certificates or Federal
Reserve notes. Each denomination
will bear some portrait. Washing-
ton’s portrait will appear on all one
dollar bills, Lincoln’s on the five dol-
lar bills, and probably Jefferson’s on
the ten dollar bills. The pictures of
Grant, Cleveland, Roosevelt and Wil-
son are reserved for the higher DEMPSEY
denominations up to $1,000.
The new money will look strange at
first but it will not take long to get
used to it—if we only see enough of
it. And the changes all have the
argument of common sense and
greater convenience to justify them.
Youth’s Companion.
TO BOX TUNNEY
CHICAGO
MEXICAN BOOKS GIVEN
TO V. OF T. LIBRARY
Milk production per cow increased
materially between 1900 and 1925, it
is estimated by the United States
Department of Agriculture. The in-
crease is attributed to the growing
proportion of strictly dairy type
milked and to improved methods of
care and feeding.
Studies of milk production records
made by the Bureau of Dairy In-
dustry have shown that dairy cows
reach their maximum producing abili-
ty at approximately 5Ms years of age
and the decline in production starts
at about lOVfe years.
whom the gift was made. The books
deal chiefly with Mexican laws and
will be useful in filling in gaps in
the present University collection, Mr.
Castaneda said.
Sixteen valuable books have been
presented bo the University of Texas
library by Ezequef Colsa of Mata-
moros, tMexico, according to C. E. Mrs. Ed Apple and daughter, Lelda,
Castaneda, curator of the University j have returned from a few weeks
Utin-American collection and through ' stay in Waco and Corpus Ohristi.
Photos from World Wide Photos
The Dempsey-Tunney bout will be
fought in Chicago September 22nd
Photo shows Gene Tunney. heavy
weight champion, and Jack Dempsey
the contender.
Photos from World Wide Photos
WHERE THE DEMPSEY-TUNNEY FIGHT WILL TAKE PLACE
Chicago - A late view of Soldier’s • place on September 22nd. 125,000
Field, Chicago, where the Dempsey | persons are expected to attend this
Tunney fight is scheduled to take i fight.
/ Appreciate Your
Patronage
As it would take lots of time to write each of my
friends a special letter of thanks for your past year’s
business, I take this means of expressing my appre-
ciation. I wish each of you the most prosperous year
you have ever had.
1 thank you for your generous patronage and the
confidence you have shown in me. I hope you will
continue to let me do your work. Come to the North
End of Main Street, just east of K. (J. Gage's gin for
first class Rlacksmithing.
E. J. LANDRUM
"The Farmer’s Friend”
General Hlacksmithing
IIHIIIHIIIIIIIIIINIIIIIIIIIIIHIIIIIIIIIIIIIIHIHMIllWHIIIIIIIIIIIIIIHIIIHIIIIIIIHIIIimilllllllllHIIIIIHIIK
Starts *
Them
to School
Fully
Equipped
Everything needed for school work, from the first
grade to the Inst year In high school will l*e found at
this store. Stait your l*»y or girl right for a good
year's work by supplying them with the ls*st e*piip-
ment. Get their supplies now and avoid a la*t minute
rush.
High School Students greallv appro, tale the superior
writing qualities of EVFRSHARt’ PENCILS and
WAHL FOUNTAIN PENS
Pendleton Drug Company
A
TV Oldest Dree Ftna In
Wheeler Oeeetjr”
A
Every Working Part
Bathed In Oil!
Thnkea
Roller
Bearings
Samson “Oil-Rite”
Windmills
Equipped with Timken Roller Bearing; nil working parts constantly and
automatically bathed in oil. Enclosed reservoir contains oil enough for one
lull year. Dirt, rain and snow proof. Ball bearing turn table. A heavier,
stauncher, more efficient mill than any other on the market. Stover mills have
been famous for half a century. Are better now than ever before. Workman-
ship and material guaranteed. Thousands of satisfied users testify to their
superiority.
Come In and Lei Us Tell You More about This Mill
Kersh-Griffin Hardware Company
Announcement
We are pleased to announce that we have been
appointed the INDIA tire dealers for this
locality.
If you could take the time and
would carefully compare the
merits of the several leading
makes of tires, you would under-
stand why we have selected the
INDIA tire as the one which
would best serve and satisfy our
customers.
They have beauty that will add
to the appearance of any car.
They have a tread that holds the
road in any going and wears
without cupping.
But—most important, they have
certain outstanding features of
design like the INDIA 6-4 ply
Balloon construction—which
makes them years ahead of the
tires most users are familiar with.
Now, with the TRUE-BLUE
(HEAT-PROOF) inner tube for
all sizes, INDIA tires are making
even greater records for un-
interrupted service.
Our stock of INDIA tires is now
complete.
Come in and look them over.
WEBSTER BROTHERS
Shamrjck, Texas
INDIA
TX&KS
Jor Economical Transportation
I
World’s Lowest
Ton-Mile Cost
Tens of thousands of users have learned hv
actual comparison that Chevrolet provides
the lowest ton-mile cost* in the history of
the commercial car industry!
This matchless economy is due to advanced
modern design . . . extremelv low opera-
tion and maintenance costs . . . exception-
ally slow depreciation . . . and the
amazing price ever placed on a modern,
gear-shift truck—a combination of economy
features found in no ocher commercial car
in the world.
Whether vou operate one or manv trucks,
-Tim-mife cost is the ci st of (runs/toning s ton of
material one mile — or its ei/Mii-tiletu.
come to our salesroom and learn for your-
self how Chevrolet is designed anil huilt to
save you money. Co over the chassis, unit
hy unit. Note the advanced, modern engi-
neering—typified hv a powerful valve-itv
head motor, with three-speed transmission
and sturdy single-plate disc-clutch. Mark
the rugged, cpialitv construction through-
out; heavv channel steel frame — massive
hanjtvtvpc rear axle — long, extra-leaved,
heavv steel springs, set parallel to the frame.
Ewton Chevrolet Co.
Tfct WORLD'S LARGEST BUILDER Of GEAR.SHIFT TRUCKS
fli _ tr%
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Bones, Percy W. The Shamrock Texan (Shamrock, Tex.), Vol. 24, No. 17, Ed. 1 Thursday, August 25, 1927, newspaper, August 25, 1927; Shamrock, Texas. (https://texashistory.unt.edu/ark:/67531/metapth528422/m1/3/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Shamrock Public Library.