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About Mt. Scott herald. (Lents, Multnomah Co., Or.) 1914-1923 | View Entire Issue (Dec. 3, 1920)
1 mt. Scott herald OUR BANKERS IN TH« WORLO America la now called upon to play I a role undreamed of In former years in International commerce and finance. Thia country has become the ou« great source of long-time capital ’ In the world. European countries which have previously been the chief lend ing nations, are for the pres«mt at all events, no longer in a position to lend by buying foreign securities. They must. In fact, for years to come them selves be heavy borrowers. Not only la America the chief source of long time money, but also for a time la likely to be the chief source of short- time banking funds to finance Inter national commerce, says Leslie's Mar azine. New York will permanently occupy a relatively much more com manding place than before the war tn International commercial transac tions. Dollar exchange may not dis place sterling exchange In the markets of the world, but dollar exchange has >*ome to stay. We may well expect It to rank permanently above any ex change esrept sterling, and probably on an equal footing with sterling ex change. RUSSIAN PEASANT BALKS. If the European peasanta were tn plant a greater ac'reage to bread grains and restrict rlg«ux>u*ly the output of animal products, Europe would be able to raise, outside of Russia, 7O.OOO.UUO tons of bread grains, ami th«* poptila tlou would receive In «tmsequence a diet richer In brent! and poorer In meats and dairy products than before the war. but stiU a diet that according to human experleti«*e would be compe tent not only to maintain but to Im prove the nutrition of the masses of the continent. The efforts of the gov- «rumen's, usually misdirected sml often grotesque, have l*e«‘U to Induce the |H*a«aut to plant wh«*at or rye, to reduce fodder grains and to Umlt ani mal husbandry. Now the peasant does not follow this argument at all; In fact he does not understnml It tech nically. writes Alonzo E. Taylor In Saturday Evening Post. What he does understand Is that he la asked Io con- | duct his operations along the line of , low profits as an act of fidelity to the atate. When he look« about hliu to ob serve the other clas»«*e of society that are conducting their several operations along the line of low profits as acts of , That aliéna who have left the Unit fidelity to the state, he falls to detect ed States to return to Europe regret anyone engaged tn such practice. And the step and endeavor to persuade since the situation la revolting to the | their countrymen In America to re Innate sense of the peasant, he main here, ta shown by the following fns«*s. letter from Galicia, which Is typical of thousands recently received from One year ago there were 22.74S de- abroad. The writer waa a prominent positors In the postal savings hanks of member of the Ukrainian community Chicago. Now. or rather at the latest of Cohoes. N. Y. : “Dear Friends : Af report, there are 20.090. a decline of ter a long and tnomvenlent journey, 2,658. This drop of nearly 12 p«r cent , I have reached Galicia. 1 am very, in a single year la not an evidence of very glad that at last I returned to decreasing thrift, but of Improve«! fa- ■ my family, but this Is all. Our coun dlltlea for saving. The federal re- ' try Is ruined to a great extent, and at serve act has virtually abolish«*«! bank ' present the political and economic con failures. As this fact becomes known ditions are terrible. Do not come here and felt people who form«*rly went to now. Stay In America where you are the post office with their savings are safe and have something to eat. After turning more and more to hanks con- ‘ things are settled. 1 shall let you nected with the federal reserve. whl«*h know." offer a much wider range of service than the postnl authorities can ho|«e If any room needs the morning sun. to give. It Is Just one more evidence It Is the one In which the family as- of the marvelous Improvement effect senihles to begin the day. In frosty ed by the federal reserve system. weather an open fire would put every body right with the world; but If you can’t have that rub the frost from the windows. If it keeps out the sun, by TO polishing with a cloth sprinkled with dry salt. Then hang a prism in the window to the east, and if the colored fire dances on the breakfast table, plan to set in It a steaming water Jug. that Orenco, Oregon the rising steam may take on rainbow tints. It’s a surprisingly cheerful Gentlemen: Will you please quote sight me prices on the following line of Nursery Stock which I want for A veteran of the world war who planting in the Spring: has seen service In the front line of I*ubU*h«d Every Friday at Lanta Station. Portland. Oraron. uro. A MclRTHt'R ......................I'royrlelor Entered a» «econd-elaaa mail mat ter February 14. 1*14. at the poat- •fftce at I^nt*. Orecon, under act of Conrrea*. Marrh I. 1878. __ Subscription Price 1 il 50 a year 4812 Ninety-second Street Phones: Tabor 7 824. WORDS OF WISDOM FROM A LIVE MERCHANT In conversation with one of our a<i- verfisinp merchants t’ther day the writer grasped a bright idea that other merchants of I^nts can profit therebv *T am not trying to injure my competitors in Lents by cutting prices as some have intimated.” said this live wire merchant, while gra- cioush acknowledging that he had received very satisfactory returns from his investment in good sited space in the Herald. “I am simply- doing my damdest to keep the bas ket brigade from going to town to trade, and if the balance of our mer chants will follow suit we will soon reduce the habit to a minimum. I believe mv patrons will substantiate the fact that I am doing exactly what 1 advertise—have the goods in plentiful stock that I quote at low est living prices—something that many downtown merchants fail to do, but shoppers find on arrival that they are ‘just out’ of that particular brand or class of goods. As above stated, if T-ents merchants will get together and announce the right prices we will soon cease to see so many people traveling to and fro from Lents and vicinity to down town markets. Our overhead ex pens«* are in many ways much less than our city competitors and it is our own fault to a groat extent if we let the major portion of trade go to the city. Let us all pull together for a bigger and better Lents and I have no fear of the outcome,” said Mr. ------, as he gave that charac teristic and pleasant smile, while re questing us to reserve space in this issue for another list of reduced prices TREND OF PRICES STILL DOWNWARD; FOODS DROP The movement of prices toward lower levels has gained momentum during the last two weeks. An in creas ;ng number of commodities are being affected and the whole spirit of trading indicates a growing ac ceptance of the idea that readjust ment must eventually come and that the sooner it is over the better off the country will be, says the Guar anty Trust company of New York. The outstanding feature of the present movement is the resistance of the retail dealer to the forces which have brought manufacturers, wholesalers and obbers to an admix sion that business can no longer be done on the basis of war prices. While wholesale prices of wheat, corn, beef, sugar, coffee, cotton, wool, leather, rubber, copper, lead, steel and other commodities have come down, the consumer is still pay ing more for flour than last year, the retail price of corn is still up to last year, beef prices continue high er than last year, coffee follows the same example, and in the case of su gar. cotton goods, woolens, shoes, rubbers and household utensils the reductions do not in general reflect 'aithfully the cuts which manufac turers and wholesalers have accept ed. If there is any force comparable to this resistance of the retailer it is the determination of buyers to re frain from purchasing anything ex cept necessities. As described by A. W. Douglas, chairman of the committee onstatis- tics, in the monthly report of the Chamber of Commerce of the United States, “demand in all lines if slackening,” it is everywhere “a case of most conservative buying father than any great increase in supply and “we are having a vivid illustration of how our usual volume of business is made up largely of things people do not really need.” Why Go to Town? WTien You Can Buy at Home at These Prices Specials for Saturday Flour, 49 lbs., Drifted Snow and Crown A Kansas professor, who is de scribed as a recognized authority on live stock, assures us that there are only half as many beef cattle In pro portion to the population as 20 years ago. If prices keep on going up there Is apt to be an Increase In the num ber of beef cattle for the people will not be able ts eat so many. P. R. L. A P. PROFITS • JUMP AT 8 CENTS Yellow Free Stone Peaches, one lb. 13c, In can 25c Prime Short Ribs of Beef 35c Weinies, per lb. Tomato Catsap, Knights ItSnydersnOp small, 17c; large 4OV 22c ) 121c 20c 10c Saner Kraut, one quart Spuds, per sack, $1.70 Cabbage, per Sack, $1.25 Spitzenberg Apples, per box, $1.35 We Deliver Orders Amounting to $10.00 M. & R. Market X HIGHEST QUALITY EATS á 5927 92nd St Tabor 2181 ... STRAWBERRIES THERE’S A DROP CURRANTS CHERRIES APPLES ■ ■ . PEARS IN TIRES AND TUBES PRUNES ................. PLUMS ........ WALNUTS . SHADE TREES ROSES Sign here ............... • •................ Street Address ......................... P. O........................................ .. ■ M ■ M Don't be bothered with the old It's time to be looking after the ones that should have been junked leaky top, a little of our Whizz Re several months ago. pair will fix it.* Windshield Cleaners and Mud Chains are in order. Don’t get caught without them MHS. HELEN McCLURE Teacher of Piano Res. Studio 6044 42nd Ave. Phone Tabor 7122 r ■ There was concern some months ago as to what could be made a “substi tute for the saloon." Tlie saloons set tled the matter. Many of them be came their own substitutes. There are soft drinks and lemon pie behind the bars which cheer but not inebriate. Sirloin Steak LOGANBERRIES (Cut out and mail this to us) “A further increase of 15 per cent in rates will be necessary to meet the expected wage award to express em ployees by the railway labor board.” When, oh when reads a dispatch. will we find somebody in the public service who Is able to handle an in crease of wages without passing it on to the public? 25c . • 25c T-Bone Steak, per Ilk, Canned Milk, two for Our Special Blend Coffee Oregon Nursery .0° the A. E. F. took the fatal step from the sublime to the ridiculous when be appeared In a juvenile court I d New York to answer the charge of crap sbooting, and was compelled to con fess to the age of fifteen, although nearly six feet tall and weighing 190 pounds. American youth is not losing any time these speeding days in grow ing up and doing things. $2.60 MRS. J. M. LOVEJOY Instructor of Popular RAGTIME AND CLASSICS >07 East 50th St. Phone Tabor 8815 List Your Property with The gross revenues of the Port land Railway, Light & Power com pany for the quarter ended Septem ber 30, 1920, under the 8-cent ear fare, exceeded the receipts of that company for the previous quarter ended June 30, by «137,961.11, while the cost of operation for the last quarter was only «58,100.69 above the preceding quarter, as is shown by a comparison of the former re port with the sworn statement of the company for the last quarter, filed in the city auditor’s office last Fri day. The 8-cent fare became effective June 15 of the present year, there fore a more enlightening compari son probably would be that of the report for the quarter ended March 31, 1920, under the 6-cent fare. The company’s sworn statements on file with City Auditor Funk show an in crease for the quarter just ended of $204,650.40 over the quarter end ed March 31, while the cost of oper ation for the last quarter was only «145,020.11 greater than inthe first quarter of the present year. The government Is sending out re Farms and Acream. Collection*. Loan*. tad Bo*in*a* Chancre ports praising the merits of the shark Phone Rental, 910-43 Portland. Ore. as a food fish. We pass, being mortal enemy to the food sharks. Another good rule for the heated term Is not to let other people's polit ical views pester you, however much yours may pester them. WTLBON’8 AUTO RERVICR Don’t be too sure your bank bal ance Indicates that you are rich. Find All Work Guaranteed and Done at out how many pecks of potatoes and Lowest Possible Prices how many pounds of liver it will buy. Your Satisfaction--Our Advertisement But how In the world doos that dealer who advertises "low women’s shoes" expect to attract custom? The toe-print identification system for babies would have helped King LOANS Solomon a great deal. The wise man Is he who will avoid charging all he <nn ret. The pubUe 1» showing signa of nervousnesa Who doesn't need an Increase of pay to help him pay bls share of the in creased pay for everybody else? The military governor of Guam has For EXPRESS AND MOVING prohibited whistling in his jurisdic Call Tabor SO«» tion, and perhaps he could be Induced Local and Ix>ng Distance Hauling of all kinds. to come to this country and establish some regulations on this matter Leave Orders at Perfection Confec among the fraternity of office boys. tionery, cor. »2nd and Foster Road. M ■ LET US KNOW ABOUT YOUR AUTO NEE DWIGHT DAVIS “In the Center of Lents” HOY L DAVIS ■ ■ M N ■ K ■ ■ ■ ■ K M M M M s The Herald’s New No. Telephone is JOHN E. DEARDORFF It may be that former Czar Nicholas Peter Larsen B. Winter* is still alive. If so. he Is not divulg ing any post office eddress which will KERN PARK REALTY permit “Willy” to address any more COMPANY "Nicky” communications to him. •7S7 FOSTBB BO AD CITY PROPERTY A SPECIALTY P. G. Wilson Tabor 8078 K. C. Wilson 5818 82nd St, 8. E. RENTALS commencing Sunday, Dec. 5 Notes Briefs Posters Circulars Pamphlets Statements Catalogues Bill Heads Milk Tickets Meal Tickets Calling Cards Announce™ ents Shipping Tags Checks Blanks Notices Folders Blotters Placards □odgers Receipts Programs Invitations Post Cards Menu Cards Legal Blanks We Print Leaflets Sale Bills Envelopes • Price Lists Hand Bills Time Cards Note Heads Letter Heads Window Cards Business Cards Admission Tickets Wedding Stationery Envelope Inclosures LAUER REALTY CO. REAL ESTATE CITY PROPBRTY and FARMS Phon.: Taber »142 MIS 72ad Street »BLAND STATION 5812 92nd Street Phone: Tabor 7824