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ST. LOUIS LOCALS

The American Chemical Society, St. Louis Branch, has elected the following officers for the ensuing year: Dr. Le Roy McMaster, president; A. C. Boylston, vice-president; George Lang, Jr., secretary; J. D. Robertson, treasurer; Dr. L. F. Nickell, counselor. The St. Louis W. O. N. A. R. D. gave an informal dance at the Army and Navy Club, the evening of December 1. The officers of the local organization

are:

Mrs. R. Kring, president; Mrs. A. S. Ludwig, vice-president; Mrs. Robert Thebus, secretary; Mrs. Phil Vierheller, treasurer. Entertainment Committee-Mrs. A. J. Hoenny, Mrs. C. L. Jones, Mrs. F. G. Ulrich.

The St. Louis Drug Club is at home at 3621 Washington avenue.

The St. Louis Drug Club is now at home at 3621 Washington avenue.

George Meyerott is successor to Peters' Pharmacy, at 5201 Virginia avenue.

Ed. V. Bratton, Ph. G., may be reached by classmates at 2021 Rutger street.

S. E. Koplar, Ph. G., is the prescriptionist at ClaraEtzel Pharmacy, 5598 Etzel Avenue, St. Louis.

Do you visit the Missouri Historical Society rooms in the Jefferson Memorial Building? Much of interest will be found.

Bettie P. Coussens, Ph. G., is pharmacist at the City Sanitarium and much pleased with the interesting work.

Thomas A. Buckland, Ph. G., city chemist, attended the St. Augustine meeting of the Public Health Association, in December.

W. P. Burnet, St. Louis, president of the firm. which bears his name, is general sales agent for a number of druggists' specialties.

Erl Lusk, Ph. G., is one of the prescriptionists at the Market Street Drug Store, St. Louis. Mr. Lusk will give special attention to letters from classmates. Wm. H. Zimmermann, Ph. G. '10, is proprietor of

WM. H. ZIMMERMANN, PH.G.

Anchor Pharmacy, 1873 Cass avenue, St. Louis. Mr. Zimmermann would like to hear from his classmates.

Sidney Willette, Ph. G. '13, resigned his position with the Market Street Drug Co., St. Louis, owing to ill health and expects to spend the winter at one of the southern resorts. Classmates may reach him at 3322 Bell avenue. The annual meeting of the Alumni Association of the St. Louis College of Pharmacy will be held at the College building, the third Tuesday in February. C. E. Musick, Ph. G. '04, conducts a real estate business at 616 Chestnut street, Saint Louis. Inquiries from classmates will receive special attention.

L. M. May, Ph. G., is now located with the Weipert

Drug Co., Ninth and Pine streets, where classmates may locate him and find him ready for correspond

ence.

Frank A. Haines, Ph. B., Ph. C., holds a good position with the Pevely Dairy Co., St. Louis. Correspondence from classmates will receive prompt attention.

Walter T. Miessler, '07, is in charge of the Wurmb Drug Co., 1101 Salisbury street, and will be pleased to hear from his classmates.

Frank E. Lane, a senior student in pharmacy, is doing relief work for the Wurmb Drug Co., 1101 Salisbury street.

Do you visit the Missouri Historical Society in the Jefferson Memorial Building? The collections are instructive as well as interesting.

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W. T. MIESSLER.

Lars Peter Jensen, St. Louis, a noted landscape artist, recently received from Germany an Herbal Book published in 1611. The book contains several hundred illustrations.

Amos Alsabrook conducts a prosperous drug store at 4301 Easton avenue. Mr. Alsabrook participated in the Semi-Centennial Celebration exercises of the St. Louis College of Pharmacy.

H. H. Bentz, Ph. G. '11, chief clerk at Glazer's Pharmacy, celebrated his 24th birthday, October 13. Mr. Bentz is corresponding secretary of the St. Louis College of Pharmacy Alumni Association.

F. W. Koch, Ph. G., is now in the Piano and Talking Machine Department of Famous-Barr Co., but has not forgotten his pharmaceutical training or his friends in the profession. Classmates, particularly, are invited to correspond with him.

The pharmacists of the city are grateful to the St. Louis Times for the unbiased manner in which that daily paper presented the position of the retail pharmacist during the public discussion regarding the retail price and pharmacists' profit on diphtheria antitoxin.

J. A. Wilkerson, Ph. G., St. Louis, recently sold his interest in the Pauley Drug Store, 14th and Madison streets, and on January 1, assumed the management of the Enderle-Pauley-Johnson Drug Company store at 7th and St. Charles streets. He will arrange to take care of correspondence from classmates.

Mrs. Bertha G. Huffman, Ph. G., '10, has sold her store at 2107 Market street, and will take a vacaThe tion before again entering the drug business. new proprietor is G. Earl Smith, at one time with J. F. Milliken & Co., and more recently at Cherokee street and Jefferson avenue.

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The Four Kinds of Men.

He who knows not and knows not he knows not. He is foolish. shun him.

He who knows not and knows he knows not. He is simple. Teach him.

He who knows and knows not he knows. He is asleep. Wake

him.

He who knows and knows he knows. He is wise. Follow him.

ILLINOIS DEPARTMENT

S. F. Flint, Ph. G. '81, is at home at Lebanon, Ill., where classmates may address him.

The Chicago Council is anxious to have the right to license, tax and regulate drug stores.

Charles M. Reinoehl, formerly of Des Moines, Ia., is now with the University of Chicago, Chicago, Ill. Fuller & Morrison is the name of the new firm formed by the consolidation of the Fuller & Fuller Co. with the Morrison & Plummer Drug Co., at Chicago.

C. L. Otrich, formerly of Anna, Ill., is now in business at Sesser, Ill. He is also president of the Sesser Commercial Club.

Gustine & Son is a prosperous firm, at Canton, Ill., and will soon be located in a building recently purchased for the purpose. New fixtures will be installed.

E. B. Hoehn, Ph. G. '14, 753 College avenue, East St. Louis, Ill., has recently passed the Illinois Board of Pharmacy and is ready to tell his classmates all about the examination.

The Chicago Branch of the A. Ph. A. met, December 18. Dr. J. H. Beal, of Urbana, is now a member of the branch. He reported on the work of the Drug Trade Conference, organized by the A. Ph. A.

To the Registered Pharmacists and Assistant Pharmacists of Illinois:-The enclosed certificate must be displayed in the store in which the legal holder thereof is employed. If the legal holder of it is not employed in a drug store it should not be displayed. If it is displayed in a store in which the legal holder of it is not regularly employed, it will be suspended.

The name of the Registered Pharmacist in charge of every drug store must be displayed on the door or window. If it is a department of a general store, then the name of the Registered Pharmacist in charge must be conspicuously displayed in or about such department. If the owner or manager of a drug store or drug department of a general store is not a Registered Pharmacist, the name of the Registered Pharmacist in charge should be displayed.

The penalty for a failure to comply with the above provisions of the law is a fine of not less than $20.00 nor more than $50.00 for each offense.-[F. C. Dodds, Secretary, Springfield, Ill.

Section 1 of the pharmacy law provides that every drug store in the State must be under the direct supervision of a Registered Pharmacist.

Section 2 provides that every employe in a drug store who sells drugs, medicines or poisons must be registered either as an Apprentice, Assistant Pharmacist or Registered Pharmacist. An Assistant Pharmacist can take charge of a store during the temporary absence of the Registered Pharmacist.

An Apprentice can legally dispense and sell drugs, medicines and poisons under the immediate supervision of a Registered Pharmacist or Assistant Pharmacist, but he cannot dispense and sell drugs, medicines and poisons if such other registered employes are absent from the store.

The penalty for a failure to comply with the above provisions of the law is a fine of not less than $20.00 nor more than $50.00 for each offense.

Apprentice Registration.-Section 7 of the pharmacy law makes

it the duty of Registered Pharmacists who take into their employ a person for the purpose of becoming a pharmacist to require the applicant to at once make application to the Board of Pharmacy for Apprentice registration. Legal drug store experience in Illinois commences with the date of Apprentice registration. The Board of Pharmacy cannot give credit for any experience in Illinois prior to such registration. It is to the interest of an Apprentice to become registered as such when he accepts employment in a drug store.

Registered Pharmacists are especially requested to see that the law is complied with in the matter of Apprentice registration. Labels. Section 12 of the pharmacy law refers to labels. It provides that:

"No person shall sell at retail any drug, medicine or poison without affixing to the box, bottle, vessel or package containing same a label bearing the name of the article distinctly shown, with the name and place of business of the Registered Pharmacist from whom the article was obtained."

This means that a printed, written or stamped label or tag must be affixed to every box, bottle, vessel or package containing any drugs, medicines or poisons. If the proprietor or manager of a drug store is not a Registered Pharmacist, then the name of the Registered Pharmacist in charge thereof should be printed or stamped on all labels.

The penalty for a failure to comply with the above provision of the law is a fine of $5.00 for each offense.

Prescriptions. Sections 12 and 14a of the law refer to prescriptions. In Section 12 it is provided that:

"Every proprietor or manager of a drug store or pharmacy shall keep in his place of business a suitable book or file, in which shall be preserved for a period of not less than five years, the Original of every prescription compounded or dispensed at such store or pharmacy, numbering, dating and filing them in the order in which they were compounded, and shall produce the same in court or before any grand jury whenever thereto lawfully required. Said book or file of Original prescriptions shall at all times be open for inspection by duly authorized offcers of the law."

Prescriptions which do not contain cocaine or eucaine can legally be "refilled."

The penalty for failure to comply with the above general provisions of the law is a fine of $5.00 for each offense.

Section 14a deals with the subject of prescriptions which contain cocaine or eucaine. These drugs cannot be sold except upon the prescription of a licensed physician, licensed dentist or licensed veterinarian. All prescriptions containing cocaine or eucaine must be permanently retained on file; they cannot be rtfilled and of them no copy shall be given.

The penalty for a failure to comply with the provisions of section 14a is for the first offense, a fine of not more than $1,000 or imprisonment in the county jail for not more than one year, or both; for each succeeding offense, a fine of not less than $200 nor more than $1,000, or imprisonment not less than three months nor more than twelve months in the county jail, or both. Adulteration and Substitution. Section 14 of the law refers to adulteration and substitution. It provides, in subsance, that no person shall manufacture, compound or sell, or offer for sale any medicine or preparation under or by a name recognized in the United States Pharmacopoeia or National Formulary, which differs from the standard of strength, quality or purity as determined by the tests laid down in these standard books. In other words. Illinois has what is known as the "single standard" of strength. quality or purity. In some states a deviation from the recognized standards is permitted, provided the labels show such deviation, but in Illinois there is but one standard of strength, quality or purity.

It is a violation of law for a druggist or other person, being requested by means of a prescription, or in any manner, to sell. furnish or compound any drug, medicine, chemical or pharmaceutical preparation, to substitute or cause to be substituted therefor without notification to the purchaser, any other drug. medicine, chemical or pharmaceutical preparation.

The penalty for violating any of the provisions of the section of the law on adulteration or substitution is a fine of not less than $10 nor more than $100 for the first offense, and for each subsequent offense the fine is not less than $75 nor more than $150. Poison Record. Section 63 of the Criminal Code refers to keeping a record of the sales of certain poisons: It is as follows:

"If any druggist or other person sells or gives away any arsenic, strychnine, corrosive sublimate, or prussic acid, without the written prescription of a physician, and fails to keep a record of the date of such sale or gift, the article and amount thereof sold or given away, and the person to whom delivered. he shall be fined not exceeding $50 for each neglect. Whoever purchases any such poison and gives a false or fictitious name shall be punished in like manner."

Violations of Law. If you know of any violations of the Pharmacy Law, please notify the Board of Pharmacy at once. All correspondence concerning violations will be regarded as strictly confidential.

Change of Address. If you change your address at any time during the year, please notify this office at once, in order that we may change our Registration Books accordingly,

Deaths. Please notify this office of the death of any Registered Pharmacist or Assistant Pharmacist occurring within your knowledge during the year, giving the date thereof, if possible.

MISSOURI DEPARTMENT

Missouri State Board of Pharmacy.-Charles Geitner, 203 South Broadway, St. Louis, president; R. A. Doyle, East Prairie, Mo., vice-president; Edwin G. Cox, Craig, Mo., secretary; W. C. Bender, St. Joseph, Mo., member; Charles E. Zinn, Ninth and Central, Kansas City, member.

Candidates for registration must inform the secretary at least five days before the examination.

Missouri Board of Pharmacy Meetings:

January (Second Monday), Jefferson City;
April (Second Monday), Kansas City;

June (Same date as Mo. Ph. A. meeting), Pertle Springs;
October (Second Monday), St. Louis.

We understood that Dr. Carpenter, of Utica has bought an auto.

Dr. H. C. Cox, of Utica, is caring for the fatted pigs this week. One at about 600 lbs.

We understand the Ryburn Pharmacy, of Chillicothe, Mo., has a new member.

H. F. Hendricks, Ph. B. '02, is located at Rutledge, Mo., and anxious to hear from his classmates.

Harley Thompson has a position at Troost Hill Pharmacy, Twenty-first and Troost, Kansas City, Mo. P. M. Fallis, formerly with the Red Cross Pharmacy, at Albany, Mo., is now in the employ of the Union Pharmacy, at Hannibal, Mo.

Henry M. Phillips is located with Scheldrup's Pharmacy, at Pierce City, Mo., and will soon be numbered as a new member of the Mo. Ph. A.

Emil August Buehler is proprietor of the Lincoln Drug Store, Lincoln, Mo. He recently purchased the store from Dr. E. L. Rhodes, for whom he had been clerking the past eight years.

The Kansas City Union Station, recently completed, is one of the finest in the world and the citizens of that city are justly proud of the facilities now offered those going to or from Kansas City.

Dr. F. H. Fulton, who has for many years practiced medicine in Plattsburg, Mo., has bought a drug store in Kansas City, Mo. The doctor is in charge of his new business. Location, Twenty-first and Troost.

Have You Renewed Your Certificate of Registration in Missouri?-If not, write at once to the secretary of the board, Edwin G. Cox, Craig, Mo.

The College Requirement of one year high school or its educational equivalent before martriculation is not confined to schools, but Missouri and other boards of pharmacy have at least as high a requirement.

Organizers of the Mo. Ph. A.-Thomas T. Clifford, of Sedalia, Mo., is completing the record regarding the organizers of the Mo. Ph. A. who met at Sedalia, October 29, 1879. Mr. Clifford will, at the 1915 meeting, report on the entire list.

Missouri Board of Pharmacy.-Successful candidates who took the examination October 12, 1914, at the St. Louis College of Pharmacy:

Registered.-M. C. Adamson, 119 St. Tenth street, St. Joseph, Mo.; Chas. C. Crump, Montgomery City, Mo.; William Wirt Franklin, Hume, Mo.; Francis J. Hemm, 3854a Arsenal street, St. Louis, Mo.; Louis 0. Kloeckner, 2901a Eads avenue, St. Louis, Mo.; Robert W. Kinnison, 1502 S. Tenth street, St. Joseph, Mo.; Frank LaRue, Dexter, Mo.; Junius B. Linn, Canton, Mo.; Joshua E. Marsden, Grand & Finney, St. Louis, Mo.; John Wasem, 2112 Waverly Place, St. Louis, Mo.

Assistants. Edward Hoppe, 5101a Ridge avenue, St. Louis, Mo.;

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ST. LOUIS LOCALS

PHARMACEUTICAL ORGANIZATIONS.

St. Louis Branch of the A. Ph. A.-Carl T. Buehler, president; Julius C. Hoester, secretary.

Alumni Association, St. Louis College of Pharmacy.-J. A. Wilkerson, president; Martin J. Noll, secretary.

St. Louis College of Pharmacy.-Dr. J. C. Falk, president; William K. Ilhardt, secretary.

St. Louis Drug Club.-H. L. Hudson, president; 0. J. Cloughly, secretary.

St. Louis Cinchona Club.-Professor J. M. Good, president; B. C. Huger, secretary.

St. Louis Pharmaceutical Society.-W. K. Ilhardt, president; W. C. Bolm, secretary.

St. Louis Retail Druggists' Association.-Dr. W. A. Hoelscher, president; Charles W. Stockhausen, secretary.

St. Louis Medical Society.-The officers are: Dr. R. E. Kane, president; Dr. E. P. North, first vice-president; Dr. W. H. Luedde, second vice-president; Dr. F. C. E. Kuhlmann, secretary; councilors, Drs. A. F. Koetter, Jos. Grindon, R. L. Thompson and George Richter; delegates, Drs. C. E. Burford, Geo. Dock, W. H. Mook, F. W. Bailey, A. F. Koetter, R. M. Funkhouser, Wm. Englebach, W. E. Sauer, J. C. Morfit, O. H. Brown, E. P. North, P. G. Hurford, C. H. Neilson, L. Rassieur and Jno. Green.

The Quadricentennial of the birth of Andreas Vesalius was recognized by the St. Louis Medical Society, December 19. The program was arranged by the St. Louis Medical History Club and dealt with the life and work of Vesalius, who is known as the father of anatomy. A number of graduates in pharmacy who are now practitioners of medicine were present.

The St. Louis Drug Club, with H. L. Hudson as president, and O. J. Cloughly as secretary, is now comfortably settled in its new home at 3621 Washington avenue. The management is in the hands of the above officers, together with the following: Board-Wm. F. Kahre, M. Scherer, H. A. Huegel, F. F. Singleton, T. F. Hagenow, W. E. Rose.

Entertainment Committee-V. E. Chittenden, T. G. Drake, J. A. Wilkerson, G. V. Stoddard, J. W. Carpenter, Robert Thebus, W. G. Graul, Dr. S. L. Odell, M. J. Hackett.

Publicity and Promotion Committee-L. L. Tolle, G. Reinhart, W. D. Delkeskamp, T. E. Sutmeier, Max Lippman.

Membership Committee-Team No. 1-J. A. Wilkerson, Chairman; A. J. Roemmich, H. O. Spuckelmeyer, A. S. Ludwig. Team No. 2-G. R. Gibson, Chairman; H. O. A. Huegel, T. F. Hagenow, W. H. Lee.

A Pharmacist's Family.-Henry F. Winkelmann, Ph. G. '96. of 7031 South Broadway, St. Louis, invites correspondence with classmates.

The A. Ph. A. St. Louis Branch met at the St. Louis College of Pharmacy, December 18. The his

tory, purpose and ambition of the A. Ph. A. was briefly outlined and discussed by Dr. H. M. Whelpley. The work of the Committee on Historical Pharmacy, the Mo. Ph. A. and the exhibit in the Missouri Historical Society, Jefferson Memorial, Forest Park, St. Louis, were discussed by the historian of the Mo. Ph. A., Leo Suppan. Professor Francis Hemm explained his estimation of the A. Ph. A. and gave reminiscences of the 1881 meeting, at Kansas City, where he became a member. Among those present at the branch meeting were the following:

J. F. Evans, F. W. Sense, Dr. H. M. Whelpley, Dr. 0. A. Wall, Sr., H. W. Reiss, Gustav Kring, Albert J. Martin, Glenn A. Burkhart, Walter A. Burkhart, Erl Lusk, Chas. W. Emery, Enos Sisk, Carl T. Buehler, Leo. Suppan, Gustav Rehfeld, C. H. Bierman, Charles H Horton, J. A. Wilkerson, A. H. Koch, Robert G. Germann, Leslie E. Prichard, W. B. Crampsey, A. W. Pauley, Mrs. A. W. Pauley, J. W. Mackelden, Eugene Farris, Lydia F. Batdorf, Anna B. Brummall, Bertha G. Huffman, Mrs. Gustav Kring, Francis Hemm, Dr. Wm. H. Thaler, W. E. Howald, H. R. Kaempfer, Dr. Frank S. Bonnell.

The St. Louis College of Pharmacy.-The Junior Class organized Monday, November 23, electing class officers as follows: President, E. A. McCall; vicepresident, Otto Ross Dobbs; secretary, Miss R. Miller; treasurer, Leslie R. Simpson. The class of 1916 believes in acting as a unit, for in union there is strength.

W. E. Crampsey, a Junior this year, has come all the way from Altoona, Pa., to study drugs at the St. L. C. of P. Crampsey says he is not going to be a druggist, but is preparing himself for work as a bacteriologist.

R. H. Linhof, '16, formerly of Cora, Ill., has been with The National Drug Co., 902 North Garrison avenue, for two years. Of course, while attending the college, he retains his position with school privileges.

Roy J. Kirkwood seems really to enjoy the afternoons and evenings which he spends with the Lehman Bros. Drug Co., corner of Jefferson and Washington. Kirkwood is a member of the Junior class, and hails from Salt Lake City, Utah.

Chas. G. Frier, '16, with the Pumphrey Drug Co., Easton and Whittier, maintains that no matter how bright a fellow is, he cannot shine as a star of the first magnitude in the class room if he attempts too much drug store relief work.

The Juniors expressed their appreciation of the fact that this school is co-educational, by electing Miss R. Miller, of Ferguson, Mo., as secretary of their class. Miss Miller has had no drug store experience, but her work in class promises well for her future in pharmacy.

Roy H. Shumann, of the Juniors, got down off of a railway locomotive to study pharmacy. Roy says that his dream ideal of a drug business is to be the proprietor of the only drug store in a prosperous little city, where the people do not believe in Christian Science.

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ONLY AN IGNORANT PERSON is unwilling to admit that there are many things that he doesn't know.[Albany Journal.

MARKET REVIEW

Saint Louis, December 30, 1914. "Revival in business is eminent. Most business observers predict it. The signs are everywhere and many merchants and manufacturers are getting ready for new business," is the optimistic report of the Boston Chamber of Commerce, published in Current Affairs.

"Business is convalescing and there is no danger of a relapse unless some one gets so enthusiastic as to start a real boom," says the Monthly Digest of trade conditions, issued by the National Bank of Commerce, St. Louis.

Forecasting, the Digest says:

"The coming year will be an eventful one in American Commercial history. We will manufacture and supply ourselves with many things which we have heretofore bought abroad. We will export many things which have heretofore found only a home market. Those who travel will probably see America first during this year and the foreign tourist travel in this country due to the Panama Exposition promises to be quite heavy.

"While business is convalescing, it needs nursing and with the proper kind will be hale and hearty in a few months."

Similar expressions by prominent commercial organizations and financial institutions throughout the length and breadth of the United States emphasizes the feeling of optimism that points to an era of prosperity with the opening of the new year.

War orders, that is orders from the belligerent nations of Europe, continue to pour into this country and it is now estimated that recent purchases by those engaged in the great European struggle total more than $200,000,000.00. More recent reports show that an order for felt for artillery harness, saddles and for canteen coverings totaling over $1,000,000.00 was placed with a Chicago firm by a purchasing agent of the English army. A recent French order for shoes alone totaled over $2,000,000.00, and three New England factories are now operating at full capacity to fill this record shoe order within a limited time. Harness manufacturers in Connecticut, cotton and woolen mills in Massachusetts, Rhode Island and New Hampshire and shoe factories in practically all of the Massachusetts shoe centers are busy supplying war orders and in many cases working night and day to turn out the goods within the small margin of time allowed. Agents said to represent the British government have signed contracts with two chemical manufacturers in Cadillac, Mich., and one at Jennings, Mich., for their entire output of certain chemicals used in making smokeless powder. The contracts cover a period of two years and call for payment of double the usual price of these articles.

War orders will undoubtedly prove to be the fore

runners of Peace orders, not alone from the warring countries, but also from the neutral nations of Europe, Asia, Africa and South America that hitherto have bought their manufactured goods in Europe. In addition to this, some of this new demand must come from the United States itself, for it is estimated we bought from Europe last year $720,000,000.00 worth of goods that could have been made in this country. A few of the articles comprising this immense sum, follow:

Last year the United States bought $70,000,000.00 worth of cotton goods from Europe, although the United States produces more than one-half of the world's cotton. Last year the United States bought $32,000,000.00 worth of iron and steel manufactured from Europe, although the United States supplies nearly one-half of the iron and nearly one-half of the coal production of the world. Last year the United States bought $12,000,000.00 worth of hats in Europe, $10,000,000.00 worth of chinaware, $8,000,000.00 worth of glassware and $7,000,000.00 worth of toys. With the raw material in hand from which to produce these goods why should we not provide the means for their manufacture and thus give employment not to thousands, but hundred thousands, of skilled mechanics who are capable of producing the equal if not the superior of any manufactured article imported from abroad. The United States is the one great nation now equipped with adequate factories and with sufficient men to work these factories so that the production will not alone satisfy the requirements of the United States, but furnish additional supplies for export to European and other foreign countries.

The movement of gold in the United States in 1914 has reached figures beyond any precedent in our history. For ten months ending October the exports were $207,998,750.00 and the imports $45,876,812.00, leaving a net export of $162,121,938.00. These figures for ten-twelfths of the year are on the export side far in excess of anything in an entire fiscal year in our history. The largest gross exportation previously was $118,563,215.00 in the fiscal year 1910, but this was offset by imports of $43,339,905.00. The next year in rank in gross exports was the fiscal year 1896, during which $112,409,947.00 went out, but the net amount exported from the United States in ten months ending October, 1914, was far greater than the gross exports in any full year. The imports thus far this year were in the earlier months. Since the opening of the war and for a considerable time previous to that the tendency has been strongly outward. The months of November and December will add considerably to the total and 1914 is going to be a big demonstration of the draught that can be made on our gold suply without wrecking us.

Statistics compiled by the custom house in New York show that imports from the belligerent nations of Europe are now beginning to move more freely, and this carries with it the assurance that the scarcity of many drugs and chemicals for which our

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