The daily gazette-times. (Corvallis, Benton County, Or.) 1909-1921, August 13, 1909, Image 2

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Published every evening except Sun
day. Office: 259-263 Jefferson street,
Corner Third street, and 232- Second
treet, Corvallis, Oregon.
PHONES, 210 -4184
Entered at the postoffice at Corvallis,
Oregon, as second class matter.
Delivered by carrier, per week 15
Delivered bv carrier, per month .50
By mail, one vear, in advance 5-oo
By mail, six months, in advance. 2 50
Bv mail, one month, in advance...- .50
Published Every Friday
One year, in advance $2.00
Six moths, in advance 1.00
In ordering changes of address, sub
scribers should always give old as well as
new address.
N. R. MOORE . .
. . . Editor
Business Mgr.
every hundred, if an experience
of seven years in a country over
run with promoters may be re
lied on.
To cite a specific instance :
one man whose name need not
be mentioned here has held stock
in 211 different mining, telegraph
and plantation concerns at a cost
to him of about $39,000. One
stock now pays him a fair inter
est, one stock he sold at a small
advance, another he lost no
money on and the remainder are
worthless. This man exercised
some care, and relied greatly on
the names of excellent men whom
he knew personally and by repu-
tation. Nine men of ten will not
have better luck in investing in
foreign concerns. :
it possible to cause men to spend
each year in improvements on
their property at least half of the
wealth coming to them unearned?
Is it unfair to expect that men
who have made much of their
wealth in this way shall give
much of it back to the community
in which they made it? Would
it not be both commendable,
profitable to them in the long run.
and remarkable if they should do
so? '.
The success of W. A. Taylor
in directing homeseekers to Sa
lem, has caused the Marion
County Court to make it possible
for two more hoosters . to join
Mr. Taylor at the Oregon build
ing, where he is doing his effec
tive work. The counties and sec
tions that go after immigrants
m the right way invariably land
them. . ,.
As the valley becomes increas
ingly richer it will be visited
more frequently by the agent
with stocks to sell. That it has
not been over-run up to this time
may be attributed to the fact
that it does not lie tributary to a
mining or oil region and' because
other regions with more ready
cash are not yet worked out.
This seems a particularly excel
lent time to suggest that nine
foreign stocks out of ten, if not
ten out of nine, offered for sale
in agricultural districts are worth
less to the purchaser. It makes
little difference how low or how
high the purchase . price, the
stock, is not ever likely to return
.the buyer either principal or in
terest. Mining', stock., worth
while can and does find a ready
sale in the vicinity of the pros
pect where men are familiar with
its worth. That it must go a
long way from home to find a
purchaser is sufficient to arouse
suspicion. The fact that it is
offered at a cent or five cents a
share does not make it a bargain,
for there are a corresponding
greater number of shares, and
that it is non-assessable is never
a recommendation in a mining
country where men know that
this provision opens the way for
greater swindling than any other.
The same may be said of oil,
wireless telephone, telegraph,
. railroad, rubber and plantation
stocks, and the other corporation
junk thrown at the farmer, and
the wage earner in both small
and large cities.
The best plan is to leave all
foreign stocks entirely alone, ab
solutely regardless of who is
selling them, or who has bought
them. The fact that some man
of wide reputation has stock in
the concern is not a proper rec
ommendation he may have been
given the stock for the use of
his name, and if he did buy the
stock he probably got it for one
tenth of what you will have to
pay. If, perchance, you should
by accident get hold of a good
stock you may well believe that
others higher up in the corpora
tion know the value of that stock
and know' where that stock
13 located. When the time comes,
as it always does come, when
they desire vto manipulate the
stock to their advantage, the
smaller stock-holder out on the
highway and. byway is left to
hold the sack.' This is the his
tory of ninety-nine cases out of
Unearned increment is that
wealth which comes to a . man
through no particular effort of
his own. A son or daughter re
ceiving a legacy may be said to
be in possession of unearned in
crement. A man who comes in
to possession of property in
growing town or city, holds it
unimproved until it doubles, treb
les and quadruples in value, is in
possession of Unearned increment.
The question ' that is agi
tating the public today is: "Shall
man be permitted to retain that
which has come to him unearned?
Or shall he be compelled to give
back to society at least a goodly
portion of the wealth society has
given him unearned?" And once
the latter question is answered
in the affirmative, as it is by most
substantial political economists,
the question is: "How shall the
holder of unearned increment be
compelled to disgorge, or by what
method may the return be ac
complished without working an
injustice on the holder ; or socie
ty?" ' -It
is not the purpose of the
writer to attempt -a solution - of
the difficulty now disturbing so
many minds more brilliant. It is
the intent here to note only the
fact that much of the wealth in
the hands of moneyed men is un
earned increment, and to point
briefly to illustrations that will
make -clearer the meaning of un
earned increment.
For, instance, X came to Cor
vallis forty years ago and acquired
considerable ground in the heart
of the city. He paid a pittance
for it, and as more' people came
to Corvallis he sold a portion of
the ground at a splendid advance.
He received from a small portion
of the ground far more than the
whole cost hinw and reserved
some for later uses. Though the
city has grown ' he refuses to
make improvements, his ground
being less sightly is given a low
tax, and by improvements made
in the city water, - sewerage,
etc., his property- assumes a
comparatively tremendous value.
What was once farm land bought
at $10, $20 or even $50 an acre
sells for $200 to $500 per lot, and
all that the owner did was to
follow a destiny that put him on
the ground first, and a disposi
tion that kept him from spending
money in improvements. ; ;
Take another man who has
bought even a single lot on Main
street in Corvallis or in some
other city at from $10 to $100 per
foot and in the' course of three,
four or ten years, without im
provement and the payment of
little tax, sells the property for
$500 to $5000 a foot, as is not in
frequently the case.
The question is, shall these
me-be permitted to retain the
wealth that comes to them un-
' - o jl
xms way Are xney
(Continued) from page one )
flowers. The person who will
sacrifice a little time and energy
to have flowers about him will
sacrifice time and energy in
behalf of his fellow men when
i i i , -l
occasion aemanas ana tnis is
The appearance of any man's'
property is a pretty fair guage
of his moral condition.
Buggies, wagons, timbers and
such like should not be left on
the streets. The streets are pub
lic property and are not designed
for private use.
The women deserve much of
the credit for the splendid ap
pearance of the front lawn. .
The renter who will not keen
the property in fair condition
will never make his ..' own pro
perty attractive. And he isn't
of such a desposition that he is
ever likely to own'property.
Both the Palace and Star thea
tres will be open tonight and to
morrow night, each with - an in
teresting program of the newest
motion picture features
At the Palace the opening film
will, be "Ten Nights ina Bar
Room," a story that is always in
teresting because of its excellent
moral. In reproducing it the
celebrated drama is made strong
and impressive. This will be fol
lowed by "Won in the Desert,"
a melodramatic picture of adven
ture and stirring scenes in a land
of romance under burning skies
and amid trackless wastes of
The Star will present as its
leader "The Duke's Jester," a
tragedy that Booth made famous
and. which is given with every
perfection of detail that made
the great play so popular. The
concluding film will be "The
Japanese Invasion," a startling
production that is said to be one
of the most daring conceptions
in motion photography.
But Not Because He. Had Driven Him
Years Before.
A Tiery old man orice called to see
Lord Strathcona at his offices and ex
plained as the reason of his visit that
he was the cabman who drove him to
his ship when he set sail for Canada
long years before.
Lord Strathcona was interested In
this reminiscence of his youth and lis
tened to the ancient Jehu when he
went on in a tearful voice to complain
that death had just deprived him of
one - of two grandsons - and that he
himself had fallen on evil times.
Lord Strathcona soothed the old fel
low's sorrows with a little money.
Again, after a time, the old man
called on Lord Strathcona and this
time told him that both his grandsons
were down with typhoid fever ana, as
Lord Strathcona had helped him bo
fore, perhaps he would again. After
some gossiping chat about Scotland
Lord Strathcona again comforted the
old man with a little money.
When he. had gone an official who
had overheard the conversation said:
"I hope you did not give that man
any money, Lord Strathcona. When
he saw you before one of -Uis two
grardsous was d?ad. Now he says
both are ill with typhoid fever."
. "Thank yon very much, Mr.-Jones,"
said t!:e high commissioner, with a
twin!: le" in his eye, "but do you know
whea I left Scotland for Camtda I hnd
no cab to take me to the ship, but
just wheeled down my things myself
to the dock in a barrow." London Tit-Bits.
Country Merchants
- Ship Your Produce to SMITH.
, He Will Pay You
. 11c for Dressed Pork.
10c for Dressed, Small Fat Veal.
15c for Live Spring Chickens.
14c for Live Hens.
Immediate payments. No com
mission charged.
"Fighting the eef Trust,"
Portland, Or.
Seared With a Hot Iron,
Address of W. H. Willis, formerly
of Meade county. Kansas. Was last
heard of in Northwest.- Newpapers will
confer a favor by publishing above.
Send address to Addison Bennett, The
Dalles, Oregon. .
Letter List i
..y " , . . , . .... i
The following letters remain uncalled
for in-the Corvallis Ore. P. O., for the
week ending July 31, 1909:
B. W. Johnson, Postmaster.
Benson Will Attend Reception to Shal-
' Govenor Benson and staff will attend
the luncheon and reception to be given
August 21 at the Commercial Club
Portland to Govenor Shallenbererer, of
Nebraska, and his staff. . , ;.
Governor Benson is reported greatly
improved in health by his Southern
Oregon and California trip and will re
turn -. to his official duties in about a
week or ten days.
Or scalded by overturned kettle cut
with a knife bruised by slammed door
injured by gun or in any other way
the thing needed at once is Bucklen's
Arnica Salve to subdue inflammation
and kill the germs. It's earth's supreme
healer, infallible for Boils, Ulcers,,
Fever Sores, Eczema and Piles. 25c at
all druggists.
The Tailor's. Comment While Measur
ing a Customer.
'Did you ever notice how the tailors
while measuring a man for a suit of
clothes mix in a few letters occasional
ly among the numbers?" asked a down
town lawyer recently of a' friend.
Whenever I have been measured for
a suit or clotnes tne tauor always saia
S. B. L. in a subdued voice as he
took the measure for the length of my
trousers. I often wondered what this
secret signal meant and on one occa
sion made so bold as to ask, but was
put aside in some casual way, which
plainly showed me that the tailor did
hot wish me to know the meaning of
the mysterious S. B. L.
"Well, I never knew what these let
ters meant until one day not long ago,
when I stumbled across the solution
quite by accident. I was waiting to
have my measure taken while a strap
ping big fellow was on the rack. As
he measured the length of the trou
sers leg the tailor said, '33, S. B. L.'
" 'Yes,' came back the reply from the
big fellow, 'and - bowlegged too.'
"All these years tailors have been
accusing me of being 'slightly bow
legged,' and I had never caught on
until I was practically told the an
swer in the accidental way." Phila
delphia Record.
Good Roads
God be thanked for books! They are
the voices of the distant and the dead
Govenor Benson has been invited tor
appoint five delegates form Oregon to
the National Good Roads convention,,
to be held at Cleveland, O., September
21-23. Thirty states will be represent
ed and demonistrations of good roads
making will be made with various ma
terials and under varying conditions.
All modern road machinery will be seen
in operation.
Phone fnd. A4977
Furnished clean, light looms. Break
fast served. Direct car line to Expo
' sition. Convenient to retail district.
Take the Madison Street Cable Car
This house is in charge of Corvallis people
earned in
morally entitled to this unearned
increment, or sheuld society have
the benefit of the wealth society
has made?; Is any man entitled
to.that which he does not earn?
Shall a very heavy property tax
be -levied in instances of the kind
mentioned or shall an inheritance
tax cause this unearned incre
ment to revert to society? Or is
FROM 7 TO 9 P. M.
- - - : v -
Saturday night is the time of pleasure, music and melody. Why not
add profit with pleasure and join the crowd that will be with us for two
hours' pleasant and profitable buying.'
Two Hours Wash Goods Sale
W -.. - ' -. : ' v
All 15c Wash Goods at 9c All 25c Wash Goods at 14c All 30c Wash Goods 18c
: This is probably the last opportunity you will have to buy Wash Goods at these prices
"TTw.-. U . Cl Boys Baseball Suits, aged 8 to 16 years. These include Cap,
I WO rlOUrS Oaie Shirt, Belt and Pants, Regular $1.25 Suit at - - 79c .
Two Hours Sale Ladies' Embroidered White Lawn Waists, Half Sleeves,
Values from $2.00 to $6.00 at HALF PRICE
Blanket Sale
8 a.m. Sharp
I 8 a. mSharp ': Sul
H W". .... : ..-'' ; Jar . .. I