Page Two
LA GRANDE EVENING OBSERVER, LA GRANDE, ORE.
Tuesday, July 19, 1932
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OUT OUR WAY
By J. R. Williams
As for God, his way is perfect; the word of the Lord is
tried: he is a buckler to all them thut trust in him. 2 Sam.
22:31. . ,. i ;
BUSINESS CHEER!
It is customary when sending news stories over the Asso
ciated Press automatic printers, to precede the story With a
"slug" which gives a brief idea of the contents. For example,
the word "baseball" would precede a baseball story, or the
word "Hoover" would precede a story about the president.
Monday afternoon, after reading about a weak stock niar-
Ket m New York City and a sluggish wheat" market in
Chicago, two iterr.i came in on the printer, slugged "Biz
C heer" in other words, business cheer. The editorial
writer immediately commandeered them and herewith are
excerpts from the. two stories:
PORTLAND, July 18 (AP) The Oregon Journal
said today that the home loan bank discount bill
which passed congress in its final session Saturday
night, mid which is assured presidential signature,
"will have a three-fold effect in the Northwest
which, it is believed, will do much toward strength
ening business and creating a better feeling among
the public." . ' ;
These benefits are:
"Increase the demand for lumber for home con- ,.,
' .struction and improvement. -"Gradually
ease the home mortgage situation at
a time when its need is greatest.
"Put on the market a new type of federal bond of
unquestioned security which wiii prove attractive .
to investors."
Kenneth D. Dawson, ship owner and director in
various corporations, said "all types of business en- ,
terprise will lie 'benefited not only by increasing
demand for lumber but by the new feeling of secur
ity it is bound to develop. It is creative and highly
beneficial legislation, the effect of which will be felt
for many years."
This is certainly good news to us, for we all know what an
increased demand for lumber would mean to Union and Wal
lowa counties. But here is the second item, which is of even
greater significance.
CHICAGO, July 18 (AP) Just about the hap- ,'
piest industry at this stage of the economic situation
is that which deals with livestock. , ,
In the "yards" of Chicago, focus of this great'
business, a steady advance of record length in the
value of hogs has ix?en closely watched. Observed,
too, has been the gain which has made cattle the
first faun commodity to top 1931 best prices.
And on the farms, although an estimated S100.-
000,000 has been added to valuations by these gains,
no stampede to sell has developed.
Last week there was a reaction in hogs but it did
not take place until 31 successive dailv price
advances had raised the top from $3.30 on May 28
to ?f.;V a week ago. Cattle averaged $8.25 last week
compared with $7.1)5 for the corresponding week
last year. .
President Charles A. Wilson of the Chicago
livestock exchange tonus the livestock gains "sea
sonal" but added: "The rise from the lows of last
winter has been very marked. Hogs, which reached
the lowest price in 35 veal's, and cattle, have made
a gviod recovery."
Others at the yards claim the upward movement
has only started and sonitf enthusiasts assert live
stock may usuip the position forecasters usually
reserve to grains as lcll-wether for a forward move
ment of commodity prices generally.
They point out the shortage of meat is still acute
and cite that June hog-receipts were the smallest
since 18.1. The cattle shortage is accounted the
most pronounced since ISS-t.
The packers rejoice along with the producers.
Their inventories, after a period of write-downs
for diminishing values of products stored, will bene
fit. And the railroads likewise are happy over the
meat-shipping prosjiect. President Ralph P.udd of
the Burlington lailmad, said last week, "-N"o other
thing since the depression began has heartened me
so much as the continued rise in livestock prices."
He added the "rest of the country cannot !e re
stored (to prosperity) until the farmer has pur
chasing power."
And the farmer takes courage at those concrct" ' '
results of the recent movement:
A carload of hogs sells S30O higher than a month
ago;
A carload of cattle brings SG50 more than at the
low point in May.
It is not necessary to interpret these news items, for every
one knows the application. But an interesting fact is that
an improvement in the market for hogs and cattle will natur-
1H6.T &W IS LIABLE
"lO POKE A SHOTGOM
Out th vmiuder akV
ROVKl US ' FER DiG&iM'
UP H- LAWM BOSTHM'
ma DUHta rEW FIRE-
VgOOD , lHROVlM CAMS
AROUkJD AN MAKlM
.SUCH A MESS
T7
WHV, NlQ, u vurviLi-ua'
"THiMi O' SAWIK1 AMvttnu'
'Wb rcLLtR HOVSJ
KIN M? M OCES
E.XACKW -THlSAWAW
OKI OUR RAMCH.WhtE.Kl
HE. COME, Cor AHOK-W,
VVOMT SAV MamiM'
He 'SHOOLOKjT!
THOovvj Some. moR A
CANS -
4 n u i u i n niui I'
f " ? " ' f " ' n " " "1
mm
rifr Mi
jQ-XQv
A
S 1
I . i . .. v
a S&V ARCUNO.
J.f?WiLLiM
MS- o a MI. OFT.
HIS OWN McD!ClM.
C t93z ar mca scrvicc. PC
anybody. one congressional leader
put It. "to attempt to forecast what
wlU happen."
That Is exactly what' has and la
happening. The political campaign
of 1933 baa been started ou lis way.
I ine ixsi sounoing noara in tne
I country ns worked orertlme by both
j parties.
I Democrats had harrtlT wramrl im
J their show In Chicago before the I
I newa waa out that an attempt was
j under way to "put them on the
h. ociinwjr Diugnam 01
Connecticut had attached his beer
bll! to the home loan bank bill then
under consideration to see If the
Democrats really meant that they
wanted modification pending repeal.
tiii:y clash i.v house
In the house political clashes were
even ' more obvious. Republicans
were quick to charge that Speaker
Garner s adamant stand on his re
lief bill was the opening shot In his
campaign for the vice-presidency.
"He has made very plain." cried
the republicans, "his platform for
the vice presidency ... to align the
general public against the business
and financial Interests of the coun
try. .
"It Is the worst type of political
bunkum and demagoguery," shouted
othera.
Perhaps when the speaker be
comes, as he thinks he will become.
the next vlcj president Df the
United States ..." yeUed another.
"Of course." shouted an Impas
sioned Democrat, "we expect to hear
nothing but attacks on our candl
dates Roosevelt and Gnrner who
have the Interests of the people at
neart and are desirous of aiding the
suffering millions of the nation."
CAMPAIGN JLVTERIAL
And so on and on
ally lead to stimulation of the lumber industry, for whenl"3"- cm the result hinge, what LfStuevelCfby t!n?t;
farmers begin making money again they will have to buy S. J " " JVl7
lumber for constructing and repairing buildings a need
which has been too long neglected.
Ve all sincerely hope that this is the beginning of the
long-awaited upturn, and if it is we can look for wheat, cot
ton, and other important commodities to begin an upward
climb soon, also. The return to normal will not come over
night, but once the cycle is started, nothing can stop it.
NEAR AGREEMENT
(Continued from Page One)
I Ann fnprni rnnt ntia fkala
Japanese farmers are desperately , until the very last.
hard up. Their condition Is worse j . .
than these of c'.her countries. Noth-
lng short of real tariff protection and.U ORLD DISARM
drastic ; downward revision of taxes ' ifS VT?it,Pl? Vr1!? TC!
can save thsm from the ruin which V W- I LIVt,. 11 la
"ias already overtaken, many. But !
tariff protection means higher food !
prices and higher food prices me&nj
lugher manufacturing costs in all the !
industries. Higher costs mean that of xhe conference and that In Sep-
- pan canuov nope to capture mar- tember or whenever necessary before
Heretofore, however, research h j kets In China and other oriental the s the conferenca
principally been directed toward lm- j countries where low costs are aso- bureau shaU meet
proving production methods and de-Uutely essential. If food prices are In- j ,s, j. provides "for renewal of the
veloplng new products. Research hasicreased Industrial expansion must existing armaments truce
bejn partly responsible for getting the, stop. If they are lowered fanning wul i A daw for anuo,, 'of tne eoj,.
nation's prcducUon out of balance; be mined. ference probably win not be set. but
with Its distribution. Some research.! KaturaUy the government Is under this Is expected In January or Feb
of course, has been carried on In the; terrific pressure. The manufacturing ruary. 1933.
merchandising and marketing fields i and financial Interests want cheap!
which are departments of distribution ! food. The farmers, want tariff pro-
bui our rhpmltrv n.l, ....., fL.I OMAHA SHEEP
We of the lay public, at least In business intntinun nrt t.Hn,I.u. w, , I
conversation are ordinarily stron; (orjhave b,, worltlng for the most ut curlouslv mlu. I OMAHA. July 19 W (0. S. D. A.)
I.n in ft I n nn a Trrr m AT nfaf In . a Qnin 1 n orin - arfaf4t a n oe c r
Other Papers
Say:
.. The New
LACE
BLOUSES
are adorable
Fashionable lace blouses to be
. worn tucked In or out over the
skirt small sleeves cover the
point of the shoulder olf
whlte shades. Sizes 32 to 38
specially priced at
$2.95
f3
and Mrs. Harold Foot berg and chil
dren, Jlmxnie and Jean, of Enter
prise, attended the services at the
ball Sunday.
Melvin Smith, V. R. Henderson and
Mrs. Roy Henderson were at Wallowa
Monday.
Mrs. Evelyn Moore, wno spent a
wee visiting her mother-in-law, Mrs.
Shell Moore, on Diamond Prairie, re
turned home Wednesday,
Members of the Walter Carper fam
ily are recovering from the smallpox.
Sheriff and Mrs. A. B. Miller vis
ited at the Walter Carper home Mon
day and alao made a visit at . the old
Burton homestead near the Wallupi
canyon. - !
Harold and Ivan Carper have been
repairing the barn on. the old Clcny
ens place preparatory to putting up
hay. Harold reports that his hay crop
J TV? , i there is not very good. In fact the
Mr. and Mrs. Earl Haney and fam- . .0fl.w ,R t-ln nn . th-
ily visited Sunday with Mr. and Mrs. ' causl t to head
Reuben Barton. , b a. .
Mrs. Bethel has contracted for the
Jim Taylor place now belonging to
Clyde Taylor.
Ivar. Garrett, who spent a week
here with relatives and friends, re
turned Saturday to Whitney where
he Is employed In a logging camp.
Ula Poulscn came In Sunday after
his wife and children, who had spent
Jack Bethel returned Tuesday from
Day Ridge where he had been cut
ting legs.
pharles Carper and son, Melvin, are
haying for J. A. Eggleson near Enter
prise. Bryan Everett, a brother-in-law of
Dee Moore, has been, spending setf-
the wetk with her mother. Mr Aiifpltral days at Charles Moore's.
Smith. They returned to Enterprise j Mr. and Mrs. Fred Trump and Mr.
Sunday. and trs- Gilbert Lyons were dinner
Everett McCubbin and family, of guests a Luther Trump's in Max
Enterprtsc. spent. Sunday with his ville Saturday
mother. Mrs. Obe Sweartngen. j Rattlesnakes seem to be quite
Fred Trump and family went to numerous this year. Bill Nickloa of
Wallowa Friday and visited over night j the Johnson sheep camp says they
at Frank Sannon's on Diamond have killed seven since moving to the
Prairie. Burton Miller place.
jiESEARdt orr or balance
on buildin biireer. chrawr nnrt n.u-- t,rv'.r,0,.oi u,;, Sheep 10.000; steady: feeders 2550
in" out mir n-n rirrvhipm W art . - . ' ronta Inasnr . nn j j
i-- ,er uroauciioa. ISC . It, SOCUt time Our This cmim rlorrvlnnnt in tho r,rcnt .sw,c wiu
Addicted to ahrowinc vast -'.untitles ... . r
of cold water when the hc of re
Sr.Ctt, . f! t.iv i"11 study of our attribution Apathy with big business. They want' V. P. OPERATING INCOME
.untitles eccnomisrs nrt iririct, trtrf . ' ., . clipped Umbs 6-25fit5.50.
j 3 ..Uj,vftiu JJit3llJ, MAllta UHAU) ilUUl ,
.uuiuius some mmniga-. on in a the rural districts and Is not In aym- I
set-up.' ine indusuial laboratories" i the nauon to be self-sufficient and
..e,... studies will be unavailing If
there's plenty of money to finance
heir work, but such operot may
properly be curtailed when business
Is slow. A good many of us would
lop off research first on tu theory
UUbt It fcs a sort of business ltiTur)
1 his public attitude lends interest
to the remarks of Maurice Holl-nd,
well known authority on laboratory
practice, before the Society for the
Promotion of Engineering Education
at Corvallis laiit week. He said Am
erica's Industrial laboratories were
turning more and more to the uni
versities for assistance- in Improving
Industrial technology. Research an
ther, thev ressnt the Dower of the monev ' NEW YORK. Jn!v 18 nnirm
bring forth new products which can-: bloc. Their aim seems to be a so- Pacific railroad today reported June
not be properly distributed to the; claused state, a sort of communism net operating income of $90,810 cotn
public. Seme of the money being; under the guidance of the military pared with $1,139,913 In the same
?pent for production researeh might 1 caste, with buslneas regulated to a month last year.
better be used In distribution j I re- minor position In the government,' Gross was reduced to $8,805,828
search. Salem Statesman. ; ;f Business was in the saddle tot anum: from 812,888.679.
- 1 of years and it incurred the dis- ( ' ' " '
JAPAN IIAVINti TROI BI.ES TOO pleasure or the military which has t 4 r 4 xTCr imiv
Reports from Japan indicate that new recaptured control. A hard bat- JA1 AAfcob AIvMl
the Mikado's government is having tie is coming. In which assassination: IWADIXG JEHOL
. .viiwiH.. a4u.C9 uuu UUI J I. "rKy11" ka J w -cuiiitu; a iv
and
(Continued from Page One)
they are interesting to u be- has been heretofore by both sides.
cause the decision they cannot long j Don't think of the Japanese as
defer will lally affect cur national f harmonious unit. They are on the' Since the Japanese captured Chin
welfare. . surface, but underneath Nippon is chew last January the attitude of
Japanese policy toward industry ; sizzling with class 'hatred. Baker Tarig Yu-Lin. who was go Tern or of
In Washington
and aziicultlirn i-i nrartni. n mKcin.mrvn,.tf.Hlrf
m ..t. uu.il ion- rojds where slie mtut co one way or i
ln- off. during depression times. Half,,ne otlM.r. Gne TOUrsa 1(.ad!. to thej
ui vuc uiuusiriai moocaujries an-iturtncr development of Industry but
swcrlng a recent quesUonalre report-;at the of to japanrse
ed more dollars spent for rrsrarch j farmers. The other leads to the de
dunng 1931 than 1929. and 75 per vclopmcnt of agriculture at the price i
cent were spending at least as much, of stoPpage of Industrial expansion. j
monc3r- i Up to now the government has vac-!
No person of sound mind will dialed between one nollcv and thefi . . .Chang.
question the success of American ln-other. It has subsidized Industry j ,ha, lf congress remained In session I ' :
dustrles In the producUon field. They with tariffs. Then It has tried to re- i after the two political convention. In I , . .
lead the world In volume, quality and lleva the farmers who were penalized j Chicago, the presidential campaign Laminou.Pa.nt
originality of product. Consequently, by the first act. and so on. Neither i wculd get off to a bang-up .tart on' 10 r',ake lumlnBS Paint, take
thdr interest in research 13 stsnlji-Jis s;itis!icd and there Is soon to be! the floor of both houses. j Vsler shell, three parts and flow-
a showdown, reports from the far -it would tai the Ingenuity of ers ot sulphur "one part and burn
. , mem together in a closed vessel.
Ky Herbert I'lnmmer
WASHINGTON Predictions
, Chinchow under the former regime of
. Marshal Chang Hsiao Liang and who
! was permitted to remain In office by
the Pu-Yt government, has been a
continual cause for worry.
The Japanese were reported to be
regarding the affair as very serious
land as believing the capture of their
agent was prompted by Marshal
ROOSEVELT:
No. 2 President Theodore Roosevelt
'KEYNOTERS'
In Nominee's Life
This powder, mixed with varnish,
makes the point.
3
I I 4l s
e
J rrs s s a
PROMTS t
PERSONALS
By Mrs. Deri ha Carper
(Observer Correspondent)
PROMISE (Special) The attend
ance at. Sunday school is decidedly oh
the Increase with 83 present last Sun
day. After Sunday school the crowd,
increased by others who did not at
teryl that session, gathered at the
Grange hall where communion and
preaching services were conducted by
Rev. P. G. Potter. A basket dinner
followed this and the afternoon was
spent visiting.
Mrs. J. W. Carper. Mrs. Hattie Car
per and four children. John. Joe. Ber
nard and Helen, of Rochester. Wash..
'There H no'.hlnt; like Letplng the
name In the Jamlly."
That was the dry remark of Prr.w
dcr.t Thxxlorr Hovuevelt, hn his
nieor, Anna Eleanor Ronsevelt. mar
ried Governor Franklin D. Roosevelt
ab-nit 35 years ao.
Young Prank :tn RocaevtU. a dis
tant relative of the president, had
Ttaitfd n:m in the White House.
Franklin's if referred to the presi
dent as "Uncle Ted."
It was because of the wedding that
Prank tin, quite without intention,
caused Tammany some trouble. Pmd
dent Roowrelt attended the we
dUg. which coincldentally was on St.
Patricks day and the day of a big , bridegroom, for the wedding guests
t .ixuxnany ivu.de. Tne church waa off
Fifth avenue net far from the parade
and the president had to cnx Fifth
avenue to get to the church.
Austin coincidental ly he cn.w.xl the
-venue Jus: at the height of Turn
many nnrch. so the stor- goea. and
the crowd turned iu back on Tam
many and loilowrd the prtjjdent to
the church.
It b said that Tarruriany marched
with but a small audience for some
dtitai.ee.
The president also virtiialiy
the wedding from the bride
atole
and
probably paid more attention to him
than to the young coup!?. Inciden
tally Alice Roosevelt, now Alice Roose
velt Lcngworth. daughter of the presi
dent was a brtdeamaid-
It waa at Harvard that "T R." as
sumed Urge proportiorts in PrwikUn's
mind. Whether the dramatic figure ot
his dl-Jtant relative in the White
House turned him definitely to poll
ilcs U not known, but U w. a great
influence, and only shortly after grad
uation he entered the race for sen
ator from Dutches county. New
York, and won.
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