IMPORTANT amendments to the cur rency law intended to permit the Fed eral Reserve system to increase its gold ANALYSIS of food prices in England holdings by $354,000,000 and also to increase the loan facilities of the system have been agreed upon by the House Committee on Banking and Currency. The amendments materially modify the existing law relating to reserves, authorize the establishment of branch banks in cities of more than 100,000 population, and establish what is virtually a national clearing house system. THE HE third loan placed in the United States by the British Government at the end of 1916 showed that there was an average advance during the year of 42 per cent., and an aggregate advance of 87 per cent. since the outbreak of the war. provided $250,000,000, making a total of IN the first eight months of 1916 the $800,000,000 borrowed in this country on mobilized securities, which, with her share of the half billion Anglo-French loan, makes the total borrowings by Great Britain in the United States $1,050,000,000; the loan was eagerly and quickly absorbed on a 6 per cent. basis. United States supplied Russia with 33 per cent. of her imports; the shipments were largely made up of munitions, but the foundations were laid for a greatly increased trade. Russia is now in the market for 800,000 tons of American rails. CAMP VALCOUR ISLAND, Lake Champlain, N. Y. 11TH SEASON. A semi-military camp of the highest character Senior Division, 19 to 16 years, Junior Division 9 to 11. It may seem a long time to camp time. And, in fact, you have plenty of time, if all you desire for your son is a camp that will keep him out of mischief, keep him well fed, and sufficiently amused. There are many first-class camps that will do this much very well, and you can wait till the last moment, and make a good selection. If, however, you would send your son to a comp which is a REAL camp, and not a nursery-if you would wish him to become acquainted with a real and practical camp craft, to depend largely upon his own resources, to look after his own goods, help put up his own tent, make his own camp furniture, and, in fact, think and do for himself as too few of our American boys have the opportunity for doing these days -then our booklet may interest you. For Camp Penn is a very unusual kind of camp-unusual in system and in the high character of its boys-a standard maintained rigidly. And then we feel that a moderate amount of military training, thoroughly given, but not to a degree that will make it tedious, is not only an exercise which boys find most enjoyable, but one which has character effects of no mean value. All in all, we feel that if you desire for your son a camp that, in the first place, is a real camp, and secondly, one that maintains the highest character-standard, and, finally, one which will mean something definite and fine to your son at the most important period of his life, then we think our booklet will interest you. CHARLES K. TAYLOR, M. A., Director, Chestnut Hill, Phila., Pa. "A Train Load of Books" What Clarkson is Doing for the Book Buyer -from the day laborer to the college professor and high government official, from the persons who buy a few books of popular fiction to the persons who pride themselves on having the complete works of all the standard authors in De Luxe Sets artistically printed and boundalmost every book was bought from me. WHY? Because I have no agents and sell you just the books you want all newmany at a saving of from 50 to 90 per cent you examine the books in your own home for five days before paying for them. If not satisfied, return them. at my expense and awe me nothing. Sample Prices: When a Man's a Man. Publisher's price, $1.25. My price, 90c.. Publisher's Fyes of the World. My price, 29e. Farrous Cra.ors. Publisher's price, Shakespeare, 21 da, 24mo, Leather, $2.65. Wilson. 50c. Key to the Bible. $3.75-98c. Library of Wit and Humor. $1.50-52. Frann: The Iconoclast, 2 vols. $2.25. New Americanized Entyclopedia, 15 vols. Century Dictionary and Cyclopedia, 12 vols., M Here are De Luxe Sets, Morocco bound, complete works, many of them at less than 25 cents on the dollar. Hugo. Kipling. Toe. Eliot, Dickens. Thackeray, Stever.son. and scores of others. Get My Big, New Catalogue My new catalos ue, sent free for the asking, tells you how to tave 50 to 50 per cert. on the usands of books. It is a course in literature, giving nationalities, date of birth and death of auchon, the author's life and standing in literature. etc. Hundreds of sets and thousands of single volumes listed. I sell more books direct to the booklover-the individual reader-the rich man who insists upon David B. Clarkson, The Book Broker 282 Clarkson Building, Get finest books at lower prices than any dealer can offer, by becoming a Life Member |