PAGE FlC
Tuesday, January 1. 1924.
THE LA GRANDE EVENING OBSERVER
Local News In Brief
VIsHiM n ,
Mr. und Mth. ljoltoy Parker left
yr.stenlay for their homo In lort
lund alter Hpcnding the holtdaja In
l-a Clrftnilc tnlttiijf Mm, l'arker'a
parents, Mr. und Mrs. y, M. Last.
VJMt in Ia Brando
Mr. and Mrs. U. c. Humllton and
Bonn, t'arl and Tony, Mr. Hart and
Mrs. ,.loak. of Baker arrived in
J-a. Grande last evening to visit
with Mr. und Mm. c. IJ, Miller.
Kiim to School
Donald Hohan. of I.u Grande,
relnrr fc) to CorvalliB. whom ho la
nlteniifiK O. A. C.t after upending
the Ixyidayti with IiIh parent here,
Outlook Bright, Says
Roger Babson, U. S.
Leading Statistician
(Continued from pao 1)
place. (3) A Middle Zone, when
conditions vary from only fair to
what is called quite satisfactory
business. . This third zone is what
wo have been traversing for the
lutWr part of 11)23 and is the one
in Xhlrh wo are today. It Is them
periods between ubnorniul pros
perity und depression, when things
are neither very bad nor extremely
nettve. that are heulthiest for tin
business world.
hxct PHlve prosperity,- like very
hot weather, saps our vitality. In
, i lutes our currency, end drives
, prices out of nil proportions to true
vulues. Much a period encourage,
speculation rut her than honest ef
fort, und upsets our sense of value
und the true proportion of things.
Again, the Inevitable and ensuing
' 1-
MtCHAfli
Happy
-T-
. Wc hope the 12 muscles it takes to make a
smile on your face work overtime during 1921.
, And the 26 it takes to bring a frown- lose
their job.
Clint's Qthie
"The Store
OUR FIFTH ANNUAL JANUARY
CLEARANCE SALE STARTS WEDNESDAY
JANUARY 2ND.
IW caring Apparel J Vw!wWb v 1 i-HYsiciAN-siGKON-iir K. i.. S v
: I lUIMon Irel4ca llniltid (o the
P j I . I oye. car, noAe und (hront, and j
oa fc. mm m IM. 'fitting ut' gla.ssi'S. New l-'olcy w i n u n..
, , - Hldir, MiilnfTTN. 'l-l-lm
111 ' Oregon Hardware & lliFi
r ' Implement Co. l.isi j if
- 1 ll 100', ALL-WOOL j . . J&.t
. . 11 BLANKETS i .. M$p.mf
WISHES ITS MA.'Y FRIENDS AiNiJyl ATKUAs i
! A Happy I !pu,.u ;L-
4 UHlin . s
1 JANUARY SALE
period of depreHskin Ik heart
breaking. It dlseouragis men und
jwrecks businesses that huvu been
Ja lifetime In the building. its
icosts are written not only in dol-
Ilars but In hunger, in wunt, and in
human suffering. Jn liUBinewH, as
in weather, moderate conditions
:ani heaithh at.
"rnlortunutely. however, a large
proportion of American buKiness
jnien are happy only during a pe
i rlo3 of boom. They are like the
I Individual, who can be comfortable
only when It is tm deKr-es in tho
shade. Most of the time they are
unhappy. It stain's to reason that
these business men. who insist that
they must have rising commodiiy
prices, and speculative profils in
order lo do luiHint s' and make
progress, cannot have this condi
tion to help them much more than
u quarter of the time. In this case
three quarters of their business
lives are spent in wailing for this
particular business seuson in which
they are ready to operate. They
are not contentt-d with business
when It Is in the tvnlrul Zone and
are extremely unhappy during a
depression,
"The entire business community
would be much better off if we
complained of excessive booms as
we complain of severe depressions
and if we welcomed Hie moderate
conditions, which ure neither so
very bud nor yet extremely good,
as the proper business weather.
We ought to have more of this
sort of condition than any other,
and the v!sc business man will set
his plans to operate under these
circumstances.
1 02 I Contrnt one Year.
"The facts Indlrate I hat w sVill
New
yimaKiuii FOR RADIATORS
new icai - Ewjr.,,1,1,,,,, i xfr
2 nunrvp v itL
liuve such n year during 1924, even
though some of ll may be Letow
uveruge, rather than above, lyoo
und the curly part of 1 901 saw
h boom and Inflation. The pants
of the lutter year took us down
Into h period of depression lasting
thru the curly part of litOH. Apart
jfrom a portion of tho years 19i
and 1 it 1 0, we then enjoyed fairly
jgood business uiong this Central
Zone until 1M4.
"A depression in 1914 luld the
j foundation for a fnlrly average
your in 1!H5. wlich developed into
a period of tho ubnorniul prosper
ity of war years, currying us to
a peak at the beginning of 1920.
Itecause of tint inevitable operation
of Hie law of Action und Iteaction
i in business wo then suffered the
I most precipitous decline In busl
. ness history. 1 92 1 and the first
jhalf of 192i are 'black In the busl
incss man's memory und are 'red'
, on lifs books. In the middle of
1922 Iiniimvnmont set In und with
ithe help of propaganda It o'er shot
Hself lu tho spring of 1923. Then
I we settled down to fairly good bus
iness and may expect to continue
somewhat along this line during
jthe coming your.
n n i ui port a ui innijf iu reiiieiii-
ber, however, Is that a study of the
Law of Action und Iteaction sug
gests that Areu G below the aver
age line of tho attached diagram,
should eventually equal the big
iboom Area K above this line. More
jthan half of this readjustment pe
riod has already elapsed. How fast
the remainder will develop re
mains to be seen. Those who wish
,to galvanize business into abnormal
prosperity ure therefore working
against the' fundamentals.
"What if business is most of the
time below the uveruge line during
the coining months? This really
! doesn't matter. So long as we
keep within a few points, one way
,or the other, from our X-V line ot
average growth, wo can progress
'steadily and muke money without
fear of the extreme fluctuation und
mul-adjustmont characteristic . of
high booms and deep depressions.
Whul the Barometers show.
"Those who ure exceedingly op
timistic for the next twelve
months would call your attention
to car leadings which for 1923 run
lu per cent over the highest yonr
iu biBtory This, they say, Indi
cates groat manufacturing activity,
Itulldlng permits during the Just
year ran 32 per cent abovo 1922,,
which St?! the previous high point, j
llnnk deposits are large, and money j
Is plentiful. The oil situation Is
Improving und tho motor industry i
they say, looks good. To this, I
answer yesand the mull order :
und chain-store business Is Improv-i
RHEUMATISM or NEURITIS
tRemarkabl nw treatment tcp
Rhaumfttttm or Nauritls lit
form. V-y worst oimi rsl
onoe. Thound of Jeurvffortd.
No need for nyon to jtCtftr. Ajl
any druggist torTAiUn'a Rk4j
matio Traatmant," Wft Tablat Farm
Prioa $1 par box. All druggiiti
0rry n. nan m . iin bivn
tories, Mfrs., Box 1340, U-F An
Cli.
i4d a
i r 1.
I fi -ii keuplng upiirlniunm: . 2. tlirei I i f
Iromns: 1 our rooluH. .Jn'iHlrn! 1
I WnshinRion Av.y V(V V (I g
I UCnStUrCu jOU KAI.i:--Sutvullon Army'iulll ! ,
inj, lo hu niovt-d t onci1,- will
I I j 1 " 1 1 III -sell you ii-lol lo nut ll-onv (.'usli- ! :! ' '
Ar" A I l I . II , or on I lino. 'J. i.. M'ui-u. "lll-ll' i " . v ' '
tl. i u rnnn - " t
v-T- A III
-
, ll cneauof man a, new i j,iciyn koiiit-joe-. murm-und s
niotafhead or repairs ill " An-pr to ihvnamo or
HI J 11,11111. I III I III TSnilll1 w-owniT on i f m
i i r 1 1 coiiiir. iuii.a. van -i-ioia hi i m
II I CUnfs Clolhliry. - 1-1-41 j . . I J
II V Ill.'nW IIKVT l.nrm. I, .. , I, ,., . , .1 .. I i '
Ii room, l'honu H7-M. 1-1-21 j
. I KOIt HUNT I.lslU lioui-l;iMMiiJ4' 1
rooms. Iliirr, Adjma -TTT-tW
i''XHf. in I Drug ft - :
i ...
jing and the crop situation is good,
excepting cotton and there we
have a 30 to 4c stuplo!
"Against these op'.ii ::! :' signs
we find many of our basic Indus
tries suffering from excess factory
capueity. Volume has held up. but
profits have dwindled and many
large manufacturers are trying to
readjust costs so that they cun con
tinue to operate without u great
loss. Foreign competition Is be. -
coming an Increasing menace. Tho
tariff wall helps, to bo sure, but It
Is of temporary nature und when
tho water has risen behind tho dam
to a certain point ll begins lo run
over the top.
'Koine are already feeling this
foreign competition. Others will
probably have to tuke It into ac
count before tho year is out. There
is a peculiar thing about tho for
eign situation. If matters get
worse over there we shall shurc in
shock which will go around the
world. On the other hand, when
things clour up over there, will not
that be the signal for a rush of ex
ports to this country? Kither way
we look ut It, It is a problem.
'Finally, we ure still suffering
from a serious mul-adjustmont be
tween the prices of various groups
of commodities. The price that
the farmer gets for his product Is
In most ouses low. The price that
he Is asked to pay for the things
ho must purchase, however, have
seen no such reduction. It Is ob
vious that wo can't have healthy
trade when the farmer cun get a
thousund dollars for his crop but
it asked to pay two thousand dol
lars for what ho wants lo buy.
BRADSTREET
. REVIEW OF
YEAR GIVEN
(Continued from page 1)
meni, with labor scarcity present
until lute In the year, and public
purchasing ability, except in the
cases of some wheat und cotton
growers, ut probably Its highest
point. Tho rairways were called up
on to handle a record 'volume of
traffic, and rolled tip unprecedent
ed gross earnings, doing this with
unprecedented dispatch ut a slight
reduction In operating expense ra
tios, although realizing less in net
profits thun In yours when gross
receipts were fur smaller. The
building trades made new history
in and. with the automobile
Industry, set up new records of
production ind expenditure.' Kx
port trade was slightly larger thun
in 1922, but the furmqrs suffered
heavily from the Iosh of trudo In
KOH SAIjK I'layer plunn'ua good
: as now,"Nbt u scratch on' It.
$750. 0", our price- ?17 ft . 0 o n
asyfpliyiuenlfl.1 '-Sl.aS' jilayiir
ffs for .'-StMv Now" Vtctwr ttc"
ords .60 per -cent off."1, Kaslern
Ore. Slosle 'o.. ..." ' 1-1-tl i
'OH HENT-rJ furnished Iiousl--keeping
upurlntentu; , 2 tlirei.
rooms: 1 Jour rooms. , Jnqitlre
1603 Wushlnglon Ave. ' l-l-IIJ
KOH KALII-Salvullbn Army build
ing, to bu moved at once,- wil)
sell you itr lot to put H-onV Cash
. or on time. 'J. L. Mars, 'i-l-ll
WANTKI) Wanted to buy for
cash a modern 4 or 5 room
house. '"Prefer sonilf of trtlC
close In. l'honu 'ZmamX-I -lip
I .OHT. ST U A Y ll I ) . O It 8TO 1 ; K N-r
Jlcwlyn Hot tor-dog. ftlaclcand
white. .Black diamond - spot on
head. Answers to the'1 name of
IlMT'TtlllllM'ttf -owner on
collar. Call A. Van -Fleet at
Clint's t'lolhlery. - 1-1-41
NEW TODAY
y .
'grjUti, mainly wheat, this being
of, manufactured goods und of
smaller quantities of higher-priced
j coi ion. in pun h i or a wmie i-x-
'feeding exports, but fell off with
tin, quieting of trade in ni Id -year.
'Ihrouffhout the year, uncertain-
ties as 'to future prices, but cor-
liuimies as io nign coses or opera-
'tlon, kept tho business world meta-
phoricully, on Its toes. With these-
;two grout factors ever present, tho
tendency, especially after the out
burst of cautionary signals in late
March, was Co keep close to shore
und buy sparingly for all but I m
'mediate needs. That this kept
jdowu tln volume of business und
of industry goes without saying,
but that it mude for safety, tho
perhaps for smultor profits than
'wero expected, seems cquully eor-
tuln.
FAIR DAMSELS
WILL ATTACK
"A. O. OF C. B."
(Continued from page 1)
(he organization.
The boys are bluffing." s;iid
Miss .Maxlno I'udley. "They can't
get uwny with a thing as foolish:
us that."
So u counter organization ,1iuh ;
been formed and 11 Is causing no
little concern among the ranks of j
the bachelors. Miss Vera Moore,'
one of the organizers of the "anils"'
declares tho rules of girls outfit ,
will "make the Amalgamated by-'
luws look like 30 cents." I
fMMlh Amalgamated. j
T.oridn's f:ilr ones are pretlietlng
tlrViwirly domlso! of the.Amalgu-j
mated.. They clulm no mere man
run resist u girl once Hho has made j
up her mind she wants him. 1
"We know 'em," they scornfully
IuukIi. " 'No member shall flirt
That's n good joke."
A vUood Thine DON'T M 188 IT.
Send jour niuio and ndilresi plainly
rHiton together with Scents (and this
tip) lo Chamberlain Medicine Co., Bel
Uoinen, Iowa, and receive In return a
.rtaj pneknge containing ChntnbarlHiu's
JohrIi Ktmely for coupns, colda, croup,
jreachiitl, 'flu" and t hooping coughs,
nd licklkig throat; C'hniybcrlain'i Stora
leb tndAver Tablets for stomach trou-
tles, iarigoalion, gwy pniua tl
h ifrtirt, pdioUHnryjaiiaaiaWh'upaUon
Jumi))r?rlnitLWTW7iH,edeil in tvetj
urun, scalds, wound, piles.
nd.ftkin s flections; tlicne vaiued fit tally
scincuies ht ou!y o wutt JJon't iniua it.
Happy
New
'US
The Grande Ronde
Retail Dept. Main 732
Quality Chain Wood, Always
oooooooooooooooooooooooooooooooooooooooooo
oooooooooooooooooooooooooooooooooooooooooo
oooooopooooooooooooooooooooooooooooooooooo
oooooooooooooooooooooooooooooooooooooooooo
claru tho organization Is compoHed
of men no one of whom is willing
io spenu i a vein a iu iuku u Kin i
out.
That's pretty rough on the boys.
j.ut tho girls nro mad. What's that
quotation about "the fury of a wo-
.'nian scorned?"
1 TTTTTT"'
WHOOPING COUGH
Hard on child hard on parents.
Control dreadfujT whooping and 1
CHAMBERLAIN'S
COUGtfREMEDY
Every i
er U a friend
Start the New
HCC?"
We Want '
YOU
For A
CUSTOMER
Please try us ojice
and you'll come
again.
NewlinDrug
"ompany
See our special window
displays of Home-Made
Candy.
The
Palace
Right!
-
j &
jT.
Clearance ;u
X
i A
Sal
ON
Goats, Dresses,
Suits,
f
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y
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Blouses, Shoes
and
H
. '. .
French & Greene
t
I
-Jsv -5 5k,5V4$ J
HAPPY NEW YEAR
We Wish You AU '
A HAl'PY AN PROSPEROUS NEW YEAR
Art &Babv-Shrjr-, v
Mm.
Ira. TNowlla
HeniMlitchinti
STAR
vpwwpwnw-a-jiri
WiWn-i-ftfrri
"The Bishop
of the Ozarks"
A picture that bares
of the Ozark
The Two-Reel Comedy
"FREE AMD EASY"
FRIDAY "THUNDERING DAWN'
ARCADE
, o :
Admission 35c;
S TODAY AVEDNESIUY..,
FOR-tnnrfiEALTlI
FOR YOUR HAPPINESS
Harold
IN
"DR. JACK"
THE DANGEROUS AGE
What is it? Wc all reach it When?
ALL
i
'i' -aaaa-
Mrs. J. MuNamvo
Stamping -
Today
the cruel fighting heart
mountains '
Children ....10c
-SEE
Lloyd
V'
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y
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1 -V