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75TH
YEA]
THE
ST.
CROIX
AVIS
|
18 printed cud published
daily (Surdays
|
and
Holida
ils
excepted)
by
7.
Johinsen
|
at the Avis Udice.
i
TR MS---50 cents
monthly
in adeance,
|
2 cents
per single
copy.
.
;
sintered
as
second-cliss
matter
May
|
Z??l,
1917 at
’le .'_n"\’f ’)',’l'(” at
'J'_W]l,}'(.,‘(‘:/.:('li:‘-
{
sled.
8L Croix, Vol ofthe Ul
S. A-
b
ler the Act of March
8.
1879
'
e
ISAA AN B
sANB
eo S
S
G
R
S
DO
S
i
Contiridul
on
to this paper will be glad-
ly received
ivhen thz same
deals
with mat
ters of gene-al
interest,
and is
accompa-
|
nied
with
the
author’s
name,
as
a
juar-
|
antee of goo!
jawth.
The editor caniiot
be
|
responsible
wr the views of his correspon-
|
dents
nor do
she necessarily
endorse
‘hem
|
UL
N AOLAINY
AUHCOTH
1
THE
GUARENGY
QUesTION:
4
AN
£
S .0
}
Is The Change
“APositive
" o
dzf ?
3
\IOO
°
Mr. Editor:
:
.
=
Since
the
llsth.
day of October,
a.
c.
there
has
bean
but
one
topie
of conver-
sation
and
<diseussion
that has
absonbed
the
time ant
aitention
ot all,
and
that
is
the high
rate
of
exehanze,
followed
by
|
the
Resolutivu
to
have
the
ecurrency
changed.
And
this
is
as
it
shoud
ke,
|
forits
u subject
that
affeers
us
all
ina
|
very vital point
-our economic
life, hence®
|.
our welrare.
: Jf*
It cannot
be disputed
that
a rise
in the |
rates
of
exchange
does
affeet
mate-
1
rially and
soeially
the
well being of
the
|
inhabitants
of a place.
The
gquestion
of
t
the
ioreign
exchanges
roncerns
every-
|
body in these
islands,
for
it is sJimpor-
|
tant
and
dominant,
and
has
such
far
|
reaching
eifsets
that
it
cannot
be
dis-
|
missed
with
a
gesture..
We
may
no:
|
have
to pay
duty
on
some
imporis; but
|
on every sinule item imported
that
s
ne-
|
cessary
for the maintenance
of life
we
|
must
pay
the
exchange
thereon.
Qur
|
foodstuffs, ourelothing,
bhats, shoes--aven
“‘soft hearts’’
the mare.ials
for repairing
or building cur homes,
the medicines,
each
and every item necessary
for ouraxistence
is
subject
.0
the
dominion
of
the for-
eign
exchauze:
consequently
when
the
rate
is
higa.
it increases
considerably
}
the burden
of life, therefore
for the
peo-
ple as
a whule itis a
thatter
of vital con-
‘cern whether it is high,
low
or
non-ex-
istent.
:
:
.
CHRISTIANSTED:
V.
1L U:S &,
TUESDAY.
18tH
NOVEMBER
1919,
And
thus
we
figg
that
all
persons
in
this
island
who
¢ah.
give
articulate
ex-
pressicn
to
their thougt
s
have
been
discussing
this
question
aid
presenting
their
views of
it.
A
sudcen
and
unpre-
cedentea
rise
of 2349,
on
hilis
drawn
on
New
York,
and
ecohsequently
on
U.
S.
currency
is
of
suech
vast
import
to the
people of théesa
isiands
and
affects
their
interests
so adversely
that
ho comparison
with
similar
conditions
in
cother
piaces
can
give any
real
solice
or
comfort
o
them.
Thay
have
to
giva
serious
con-
sideration
to the
fast
iha*®
the
islands’
currency
has
consilerably
depraciated.
that
it§
purchas
ng
power
in things
in-
general
has failen
correspoadingly.
And
those
who
would
effer piliatives
must
remember
that «it
1s
not
sufficient
to
make
declaration
of
wene-al
prineiples,
but
that
specific
@&pplica
ion
must
be
made
of principles
ithat
wil!
ameliorate
the hard
comdicions,
itha:
ail
must
nilly
willyghear.
'
Nor is it sufficient
that
any
particular
group
shall
find
elief fron the
greater
burdens
imposed
by the
leßrociation
of
the isiands’
eur
eney
by havimg
‘recouarse
to
an expediency
whereby
their
wages
may
be paid in the
appreciited
currency;
for
as
the
hardsiafps
and
the
greater
sufferings
broughtsabout
by
this
econo
tmic
disturbance
is peneral,
so
also
ihe
reme
v, if we can find
onc,
mus!
in ke
manner
b 2 general In its relief.
In other
words
the
relief
must
be
universal
and
not particular
:
.
Anv
honest
attampt
made
to clarity
the situation
shouid
be
we comed
by ail;
and
any
measupe
Qmp:).\:;»i
tiiat has
for
its
objec: the
attginment
of
a
common
20049
shouid
be dou%y welcone.
The
Publie’s
min¥
at
this junciure
is
in
a
confused and
gdisturb.d
st.te.
itis
gseeking
to.
wet
at@he
sacs:
it
wans
io
know
the
exact
trd@gh
about
the
natrec.
It wants
to
Koow#how
much
of what i
n-ars
is really sO. "The
people
must
be
satisfied that whatever
move
is
made
o
betier conditions
musc apply
to all.
Pro-
tection
for a
pacigalar
group
dozs
aot
bring reliéf to:4hd whole.
Labor
may
b 2 able
to make 'a@:-:iisiamn'y
arrange-
meni temporariy
tor i
re.iel,
but
whai-
ever may
be
the ‘gresent
immediate
re-
sult of wages being paid
1t U. S
curren-
ey if has its Umiations;
for vue,
it piaces
|
one séctinn in@ more
favorabic
position
than theother.
-%
=
.
.
To work and endeavour
‘o
find a solu-
tion for this' tanglgd
situation
is within
|
the provinee of the
©olonin! Usuneil, and
|
to this end they naye tHfia'on vecord.
.
iNo. 268
The Resolution
which
was
adopted
by
an absolute
majority-i 0 to 2,
iast
Thurs-
day,
praying
the
Governor
to
request
the President
to cause
steps
to be
takene
to retire
the
present
D.
W.
{
currency,
has
met
with
general
approval.
ltisa
maove
in
the
right
direction:
and
timid
souls
can
rest
a sured
that
no
disadvan-
tage
can
be
tane
result
of this
aet.
It
was right and proper
for the Counecil
to
pass
the act.
When.
as
now,
the
body
economic
ils
sufferineg.
the
faet
must
be
made
known
to
those
who ean bring
it
relief
If jwe do
not
ery
out those
that
can
pive
us
relief
will
not
know
that
we
are suffering.
Fne
motives
for, and.the
causes
of the
Resoiution
are
cleariy
sbt
firth
in
the
preamble
severally
under the usual
for n,
Those
opposed
to the
Resolution
are only
two;
the
ground
of
their
opposition
being
that
it is violative of
the
rights of
the Bank
under
the
Convention.
This
is
not
so.
The
Resolution
neither
asks
this,
nor
is
any
such
thing
therein
im-
plied,
neither
did
the
OJouncil
contem-
plate
any such
thing.
The plain
facts
as
set foith,
1s simply the
“etirement
of the
.
W, .
currency
and
the
introduetion
of
the
National
Curreney:
and
the
rea-
sons
given
therefor
are
elear
and
con-
vinging.
Morenver those
who framed
and
those
who
passed
the
Resolution
know
as
mueh
of
the
Convention
as
those
who
opposed
it, and
they
were
careful
to
in-
sert
in the Resolution
itself;
That
nothing
in inis Resolution
be construed
as
inimi-
cal
to the National Bank,
whose
coness-
sion
1s
-afeguarded
by
t
¢
Convention
and
itcqrights
and
privilezes
remain
unimpaired.
Could anvihing be clearer?
Now
tne aim
and
purpose
of
this Reso-
.
lution
iIF
to accomplish
u« REAL
GOOD
for
the
PREOPLE.
It
asks
1o
have
an
anomalous
situation
remedied.
No foreed
construction
d¢
lanpuage
can alter
this
act.
Lhe
pursuse
of tne
iiesoiution
is
manifested
in
iis
desire
o
have
tne
National
currency
as
legal
tender
ior
these
izlands.
and
szcondly.
tnas
by
the
establishment
oif
the
U,
8.
Monewary
Standard
2s the ieral
itepder i senks
(o
reduce
1o some
mezsure
the hignh
cosc
of
living.
1i
ine
Resoration
acpieves
ifs
purpose
it ceriainly
will bea
blessing
Lo
the
poor.
Noone
wino kaows
anything
of our
commarcePand
sa2rivasly
eoasiders
"the situatin
cao
rail
to reabize,
and
must
cneredos2
ackno vledos taat
coe eaaage
of
curreacy
Wwiii
noc
vnly
sivé scability
to
our
commercial
affairs,
remove
te.npia-
tions o
speecalaie,
pu prices
and
wages