Finding Good Use for Pesky Bndless Chain

FNDLESS CHAINS have been such an rn.L fernal nuisance that the Savannah Sugar Refining Company thinks it is time to find a qood usi for them. The company has donated Ihree checks for $50 each to the Chamber of Commerce of Atlanta, Ga., one for the Salvation Army to buy coal, one for the Family Welfare Society to buy food and one for "a poor widow with cKildren who owes debts."

These checks will be good for one day only in the hands of any person into whose hands they fall. They cannot be hoarded or be cleared through banks, but nrust be used within twenty-four hours to buy merchanclise or pay merchandise debts. At the end of sixty days the bank on which they are drawn will cash them for whoever happens to holcl them, so the chain will not really be "endless."

By this means the donors of the checks hope to make the $150 do at least $9000 worth of circulating. If the checks change hands oftener than once a day, so much the better. The idea seems like something that ought to be put up to Professor Einstein.

Editorial from San Francisco Chronicle of Jan. 6, 1931

If f 150.00 can do f,9000.00 work of circulating in sixty days what does the Redwood industry mean to California? It pays over t500o.00 per day in taxes in this state; its total daily expenditure is ovetfl33,000.00.

Our guess is that the REDWOOD INDUSTRY is an important factor in the economicwelfare of CALIFORNIA.