Morning Oregonian., October 11, 1917, Page 5, Image 5

THE MOItNIXG OREGONIATT. THURSDAY, OCTOBER 11, 1917.
5
'GIVE 'EM BAYONETS
TO REACH TO BERUN'
Secretary McAdoo Tells Bank
ers Army Must Have
Best Equipment.
STATE WELL REPRESENTED
Cabinet orticcr Declares at Meeting
.Failure of Second Issue Would
Be Worse Than Defeat
in Battle.
In some ways the most important of
Secretary McAdoo's meetings in Port
land was his conference with state
bankers in the Council chamber at the
City Hall at 11 o'clock yesterday
morning-. The room was well filled
w-ith representative bankers from all
parts of Oregon, and the message Sec
retary McAdoo gave was one urging
the utmost endeavor for the success
of the second loan.
Secretary McAdoo, accompanied by
the reception committee ami his mili
tary escort, reached the Council cham
ber promptly at 11 o'clock and was
Introduced by Mayor Baker.
"It will be absolutely necessary."
said Mayor Baker, "for you to get
behind the bonds and do everything
possible to assure their successful
sale." .
"I wish I were a banker so that I
could address you as fellow-bankers."
said Secretary McAdoo by way of in
troduction. "I think I shall use the
privilege of calling you that because
I am Secretary of the Treasury.
Burden Fall on Hankers.
"'There are none of us upon whose
houlders the burden falls more heav
ily than upon the bankers. Upon them
falls the duty of the first line of de
fense, as well as of offense, in sus
taining the country's credit. I should
like you all to realize that while the
burden falls upon you first, it is not
alone your problem, but that of the
people as a whole.
"Government is not an impersonal
thing. This is a war of autocracy
against democracy and that is the rea
son the present war is so important.
The issue has narrowed down-to that.
It is our business to see that democ
racy survives, and as I have traveled
across this, country I have received so
many assurances that I can now assure
you that democracy wiil survive.
"There must be no hesitation or un
certainty in this situation. If 'one of
these bond issues should fail it would
be a greater disaster than a defeat
upon the battlefield. We have got to
see to it that there is no defeat here
at home.
I mo cracky Remnant Kverywhere.
"Our business is that of placing vic
toriously all the liberty bonds that are
offered. It's a big job, but Americans
love a big job. From one end of this
country to the other I have found the
spirit of democracy regnant every
where and this is a sure guardian and
precursor of a greater republic.
"The Government will probably be
called upon to raise SIS. 000. 000. 000 by
next June. Of this amount $4,000,000,
000 will be provided for in various
forms of taxation. It Is not neces
sary that those back of the battle lines
shall fight, but it is necessary they
shall equip and sustain the soldiers
who are to do the actual fighting.
"Fourteen billions of dollars are to
tie raised by additional bond issues and
the proceeds will be given to various
vises, one of them being to lend money
to the allies. They are spending this
money for the most part in this coun
try for things we produce on the
farms, in the mines and in the fac
tories of this country. Unusual pros
perity for the laborer, for the farmer
and every class of business results
from, this great activity.
Iioanii to Lensen Burdrni,
"Loans to the allies are sensible for
another reason. The stronger we make
their armies and the better we arm
their men in the field the more capable
they are of carrying on military oper
ation, and we will need to supply a
less force than would otherwise be
the case. If we fail to do this the bur
den of the war may be transferred to
the United States, for we can never
surrender to autocracy, no matter what
comes.
"The remainder of the money will be
used for the support of our armed
forces. We have already 1,800.000 of
the very flower of our Nation in the
Army. We have got to make these
men efficient and arm them with guns
that will shoot quicker and farther
than the. guns of the despotic Kaiser
and equip them with bayonets long
enough to reach to Berlin itself. If I
may be allowed to drop into the ver
nacular, with the superior. valor of our
men and the superior equipment we
will give them, we will make Willie
Hohenzollern look like 30 cents.
avy Aeedn $2,000,000,000.
"We will need SI. 500. 000. 000 or
$2,000,000,000 for our gallant Navy.
Our tars abroad are making it mighty
warm for the submarines in the war
zone already. The sum of $750,000,000
has been set apart for providing a
treat air fleet. We want to equip
these craft with motors that will en
able them to fly higher, and farther,
equipped with American pilots, than
any other and carry the Stars and
Stripes higher in the skies than ever
..fhL ,.m nf SI. 500. 000,000 will be
used for the construction of a great
merchant fleet. God knows we have
aa a merchant marine for 50 years
Qt last we are going to have It.
rr-v,; .ni mean the freedom of the
onri when the war ends, a great
American commerce that shall be world
wide.
Bonds Better - Than Currency.
"Ts there any true American who will
hesitate to do these least of all serv
ices that can be asked of us? We are
inr- to keen the finances sound in
v,i onuntrv. We are not going to
rlt the nrinting presses overtime, as
they are doing in Germany. The bonds
nponle are asked to buy are as
safo as the currency In your pocket.
nnd they are even better than cur-noi-
for. while they are as safe as
the Government's money, they bear in
forest at the same time.
"It has been said the bonds will not
appeal to men of wealth because of the
super-taxes that apply to them. The
principle of super-taxes is absolutely
sound; there can be no debate about
that. In a democracy such as ours the
av burden should be distributed upon
those most able to bear It. If at the
nd of the war we had bonds outstand
ing to the amount of J20.000.000.000
on thev had been absorbed by men
nf wealth in order to escape taxation
then we should be hard put to it to get
revenues to meet the annual interest
navments.
"The bonds are exempt from normal
income tax, and bonds are sold to all
on the same basis. If men of means
are going to consider these bonds from
the investment standpoint alone. It Is
a serious mistake. Patriotism must
play a part In these operations. What
ever sacrifices that are necessary to
save life and liberty in this country
must be made, even If necessary to sac
rifice Vs of 1 per cent, or 1 per cent,
or 5 per cent, or whatever Is needed.
America must be ready to make sacri
fices. Three Sons In Nitj.
"I've got three sons of my own in
the Navy of the United States, and
when I think of those many boys in uni
form, sons of gallant mothers and
fathers of Portland, what is there I
wouldn't do to save the life of even
one of those boys If it were in my
power to do so? Let us not stop to
count the cost. Business itself, life
itself, freedom itself, are gone in thi;
country unless we defeat autocracy
for no American could live here under
a foreign despotism.
"We are In danger. Don't let us mini
mize that. But recent dispatches from
the western front' are heartening and
the outlook is most favorable to our
cause.
"Every man and woman in this coun
try ought to have a liberty bond. It is
a privilege to buy one, not a burden. It
is the democratic principle that every
one may have the opportunity to par
ticipate in these operations, not only
to fight, but to back up the fighters
with bonds.
"Every bank in this country could
subscribe 10 per cent of its resources
to bonds and rest perfectly secure.
They could sell the bonds in the in
terim before the next bond Issue is of
fered. It is largely a question of shift
ing credits. The money is held here
for the most part and, for the period
of the war, the Government is the
business of the country. You are work
ing for yourselves in buying liberty
bonds.
Invest Tenth of Resources, Urged.
"The necessities of the Government
must be met. Every bill must be met
in cash. .The bonds are available for
re-discounting in Federal reserve
banks, and this gives flexibility and
smoothness to the situation. I should
like to urge upon you bankers to take
bonds to the extent of 5 or 10 per cent
of your resources and sell them as the
market offers.
"They told me In Spokane the other
day that they would raise 30 per cent
of their allotment In one day. One of
your bankers told me this morning he
was going to take $1,000,000 in bonds.
"A few years ago it would have been
a wonderful thing to get a 4 per cent
Government bond, exempt from taxa
tion. It is an exceptional thing that
these bonds may be converted to later
issues if the interest rates are raised.
After the war, when taxes will be re
duced, the 4 per cent bonds will be at
a premium. If I were a tax dodger I
would not want anything better than a
Government 4 per cent bond.
Farmers Asked to Invest.
"We did not urge the farmers to take
bonds at the time of the first issue,
because they were being encouraged to
piant very large crops and they were
borrowing money to do it In many
cases. They are more concerned with
keeping the seas open than any other
class of our people, however, and, now
that their crops are being harvested
and they are enjoying prosperity, in
which we all rejoice, we want you to
urge upon the farmer that this Is his
opportunity to get the best investment
on earth and at the same time serve
his own interest."
The bankers were all presented "to
Secretary McAdoo by Mayor Baker be
fore he spoke. They left the Council
chamber and were targets for a motion-picture
camera, with Secretary
McAdoo for a few moments on the
street outside, when they went to the
Auditorium meeting. At its conclusion
they were guests of the Portland Clear-ing-House
Association at a luncheon
in the Portland Hotel grill.
POST IS MARRIAGE MECCA
Training of Fighting Men at Van
couver Docs Xot Frighten Cupid.
VANCOUVER, Wash., Oct. 9. (Spe
cial.) Though Vancouver Barracks is
a military post, and the men are train
ing there to fight the Germans, it does
not seem to frighten Dan Cupid. He
has been active ever since the troops
came, and some days he makes higher
scores than others.
Today he scored three marriages
from the troops: Pairs Smith, 24, of
the post, and Mrs. May Chellis, 27, Van
couver; James Carroll, 28, and Melda
Schane, 18, Portland, and Herbert L.
Cauble, 22, and Nora Nilsen, IS, Portland.
PIONEER BANKER IS DEAD
John IV. Thornton Laid Out SIt of
Town of IVilsonville.
WILSOXVILLE. Oct. 10. (Special.)
John W. Thornton died here Monday.
He was born in Iowa 69 years ago and
was a corporal in the Union Army
during the Civil War. He came to
Oregon 12 years ago and purchased
nd laid out the town of Wilsonville.
Several years ago he founded the
Farmers Bank, of Wilsonville. which
institution he conducted until his death.
He leaves a widow, Mrs. Kate C.
Thornton; two sons, Robert I. Thorn
ton, of Illinois: Joe J. Thornton, of
Wilsonville.
1918
VALVE-IN-HEAD If?
C MOTOR CARS
1918
A Fezv of the Many New Features
Improved Power Plant- "Valve in Head," of course. Finer finish.
More graceful body lines. A Multiple Disc Dry Plate Clutch. This im
provement in the "Sixes" alone has been the deciding factor with many
new owners. Come, try one, and be convinced.
New Prices Effective Today
F. 0. B. Portland
SIX-CYLINDER MODELS
3-Pass Roadster $1450
5-Pass. Touring .$1450
7-Pass. Touring. $1890
FOUR-CYLINDER MODELS
2-Pass. Roadster $945
5-Pass. Touring .$945
Light Delivery. $940
ENCLOSED SIX-CYLINDER MODELS
4-Pass. Coupe.. $1890
7-Pass. Sedan $2380
Howard Automobile Co.
3 Bones s
1 3 That Were g
I S Bent by g
1 R Pointed g I
$ Shoes y
Blather S. Jl
Educator S2T
for Boy J&r
Make War On
Traitorous Feet
Wear the
RICE & HUTCHINS
IlStraighf
i 3 Dunes I
I J That Grew? I
I S Straight inlfc f
IS Educator I
j Shoe I f
'ie.u.s.Mi.ofr.
- AFTER a long walk or a hard day's work, your
A-feet go back on you traitors to you in this time
of national crisis. You can't afford to harbor traitors.
What makes traitorous feet? Pointed, bone-bending, "fashion
able" shoes. Such shoes cause flat feet, corns, bunions, callouses,
ingrown nails, twisted toes.
Throw away your narrow shoes quick. And come to us for
Educators, designed by scientists to" let the feet growas they should."
Remember, it is not en Eduoator Shoe unless stamped Educator
on the sole. .There can be no guarantee stronger than this trade
mark, for it absolutely guarantees the whole shoe every part the
shape the material the workmanship. Made for Men, Women
and Children by Rice & Hutchins, Inc., Boston.
KNIGHT SHOE CO.
Morrison, Near Broadway
14th and Davis Sts.
Pacific Coast Distributors
Bdy. 1130, A 6241
!
ENROLLMENT CUT DOWN
Pacific University Opens With Many
Students in Army Service.
FOREST GROVE, Or.. Oct. 10. (Spe
cial.) Pacific University has started
on its 70th year of work. The student
enrollment is greatly diminished by
the loss of young men. In proportion
to its size Pacific is well represented
in the service of the country. With the
exception of one man, the entire junior
class enlisted in the United States
naval reserve force and the sophomore
and freshman classes were not far be
hind. The reception tendered the freshman
at the opening was largely attended.
A new Instructor, Miss Willard, of
Galesburg, 111., has been added to the
teaching force. Miss Willard, the new
chemistory instructor, is a graduate of
Knox College and is the sister-in-law
of Dean Clark, now acting president
of Pacific.
Xews Dealers Appeal to Publishers.
NEW YORK, Oct. 10. Newspaper
publishers of the country were asked
to raise the retail price of their Sun
day editions to 6 cents and to reduce
the price of 2-cent papers to at least
1 cents to news dealers in resolu
tions adopted at a meeting of the Na
tional Association of News Dealers and
Tobacconists in this city.
BARKER ESTATE IS LARGE
Mrs. Howard Spaulding, Jr., Is Sole
Heir to Father's Fortune.
CHICAGO, Oct. 4. Personal belong
ings of the late John H. Barker, esti
mated by the Board of Assessors to be
worth $6,000,000, are really valued at
1.300,000. and the estate will be
assessed on tie latter amount, it was
announced today by Edward R. Litz-
inger, member of the board of review,
before which representatives of the
THEBREW
FOR YOU!
Tasty
Wholesome A Health Builder.
For lunch and 'tween times.
Order a case for home.
Everybody Sella It.
The Portland Brewing, Co.
First Trust Trust & Savings Bank,
trustees of the estate, appeared.
Mrs. Howard Spaulding. Jr., daughter
of Mr. Barker, who was head of the
Barker-Haskell Car Company, is the
sole heir of the estate.
The first indication that the estate
was of a greater value than that esti
mated by the Board of Assessors came
last evening, when the trustees filed a
schedule fixing the total at $18,900,000.
They, appeared today and consented to
have it increased $2,400,000.
MARSHFIELD MAYOR QUITS
Duncan Fcrgruson Will Succeed R.
A. Copple, Who Is Moving;.
MARSHFTET,r. Or., Oct. 10. fFpe-
A Remarkable
Indigestion Remedy
Owins to th wonderfully successful re
ports from dyspeptics, and sufferers from
Indigestion, gastritis, acidity, etc., who have
been using the old-fashioned stomach and
indigestion remedy prepared by mixing l1
ounces of bisoma carbonate and 1 ounce of
magnesia carbonate, many leading druggists
now keep this remarkable remedy put up
ready for use under the name of Hl-nesia In
convenient packages each of which contains
a binding guarantee contract of satisfaction
or money back. Xo claim is made that
Kf-neaJa Is any better than the mixture your
druggist can prepare from the above formula,
but dyspeptics and stomach sufferers who
wish to convince themselves of its marvelous
nierits without risking a cent, should go to
the nearest aruggist toaay and get a bot
tle of Bi-nesia, "The kind that's guaranteed.'
Adv.
Value Counts-
fv.ni-0rM-'m . r-VKiKmu ,iwai
I THIS MARK
5 ON THE SOLE '.
B . DEMOTES f
Kv3UAUITY
U yk Ir3t You
Willi---! I1 -II '
Not Price
What you get for your money is
the important question now, especially
when you buy footwear.
r oot - schuize t ootwear gives
unusual value. Here's a logical
reason: Our new, sunlighted,
wonderfully, equipped, efficiently
organized factory makes our man
ufacturing more competent. It
promotes better working, better
thinking, better planning.
The net result is that Foot-Schulze
Shoes are made better than ever.
Another reason is: Ve have made no
attempt to meet the rising costs by cheap
ening Foot-Schulze Shoes. The Foot-
schulze trademark means just as much as
has. it still is making friends. .
11 get surprising value, if you buy
cbulze Shoes, find the Foot
dealer in your town. He's easv
; a good man to know.
Foot, Schulze & Co7
Saint Paul
cial.) Mayor n. A. Copple. of this city,
resigned his office last niRht. effect
ive October 10. He was elected in De
cember. 1915, and was chosen on a
retrenchment and reform platform. He
will be succeeded by Duncan. Ferguson,
President of the Council.
Mayor Copple has moved his family
to Southern California, and there was
a question of the legality of his hold-
ng office here.
Phone your want nds to The Orego-
nian. Main 707O. A finno.
Painless Parker Outlaw
His Confessions
CHAPTER L.IV.
Just an there in
a good and suffi
cient caue why a
fossil steKoeph;irus
lias turned to stone,
no ther i; efjunlly
(rood reason why the
'e t li I c a 1" practi
tioner's Cray matter
comes t o contain
such a n exneaa o f
that calcareous mut
ter known in com
mon parlance us
bone.
It didn't just hap
pen so. There was a
pathetic train of
-vents which
UmuRlit this singu
lar phenomenon.
An ordinary lad,
starting out in life,
ust like other hoys,
keenly alert, Kitted
with every-dav horue sense and a desire to
he of some lal value to fellowmeii,
when he urovs up and has entered on his
chosen career, can take up a course of
training- t hat can duil, if not obliterate,
those youthful ideals.
What happens to him? He becomes
"ethical."
He is just like any other lad until he
hecrins hitting; the opium ripe or profes
sional 'bunk' and saturating: his system
with the nonsense whu-h is taught in'med
Ical, dental and law colic Reg and even in
many theolotficnl seminaries. H might he
saved even at this statje. if he didn't burv
himself in the stuffy atmosphere of his
professional societies, . hefudd 1 his think
tank with the Jaricon of the Medicine Man.
ape the Witch Doctor and wallow around
in the narrowing circle of ethical practi
tioners who thrive on mystery, maic and
moonshine. And even then h might have
a final chance if h: had the courage to
break away from the rest of the gang and
play his own game in a straightforward
way, according to the dictates of his own
conscience.
But once tart a young man on this path
and it is generally hopeless to transform
him into any t hiii g except t lie smug, pom
pous personage who lives only to charg
big fees for big talk and move shout in
the "better circles" of professional prac
tice. Just think of it : An ordinary journey
man tooth-tinker gettin-y a chesty as that
on no pa ir ! Wouldn t it scald you ? Im
agine any molar-tnechanic taking hfmsetf
and his Job s seriously that he actually
believes he's been hoisted Into a loftier
caste than just common folks. It is to
guffaw. Adv.
(To be continued.)
nr-nir ' r
Make a rapid-fire
machine job
of all your figure work
WHEN you put it all on the
Comptometer, that's exactly
what you do.
And in doine it, you multiply the
effectiveness of the human unit two
fold threefold even fourfold,
depending: on the kind of work.
No matter what it is in figures
Provine Postings ; Balanc
ing Accounts; Footing Trial
Balance; Extending and
Footing Invoices; Figuring
Pay Roll, Cost, Inventory,
Estimates; Taking off Dis
counts; Adding and Figur
ing Fractions
the Comptometer will make a
quick, easy, and dependably accu
rate job of it at a worth while saving
in time and labor. ' .
SPEED combined with ACCU
RACY that's the explanation.
One-motion, direct key action of
the Comptometer accounts for its
phenomenal speed; the Controlled
key (which allows no slighted key
stroke to pass unnoticed) safeguards
accuracy.
Right now, when the burden is
so heavy, is the time to break
away from slow methods that mean
unnecessary labor and expense.
Why not call in a Comptometer
man and let him demonstrate, by a
practical test, just what it will mean
to make ALL. your figure work a
rapid-fire machine job.
No cost no obligation only the
opportunity to show you.
CONTR OLLED'KE Y
ljljhiitmiiti- uli ft '--Ly1 j
Among the
Comptometer Users in
Your Vicinity Are:
Portland
Marshall Wells Hardware
l.ipman, Wolfe & Co.
Blumauer S: Frank Drug Co.
Portland Ry., Light ii Power
Co.
Portland Machinery Co.
H. F. Norton Sc Co.
Chas. K. Spaulding Legging
Co.
Allen & Lewis
Mason-Ehrmann Co.
Wodhams 6c Co.
Lang & Co.
Woodard-Clarke & Co.
Meier & Frank Co.
Troy Laundry Co.
Yale Laundry Co.
Pearson-Ryan Co.
F.verding 4c Farrcl
F.stes Dixon Co.
Toft & Co.
T. S. Townsend Creamery Co
Hazelwood Creamery Co.
Peninsular Lumber Co.
American Can Co.
Clarke, Woodward 8c Co.
Douglas Fir Sales Co.
Falls City Lumber fie Logging
Co.
The Gauld Co.
Northwestern Electric Co.
Ore.-Wash. Ry. fic Navigation
Co.
Pacific Coast Biscuit Co.
Portland Gas &c Coke Co.
American Druggists Syndicate
Denny-Renton Clay & Coal
Co.
Eugene
Booth-Kelley Lumber Co.
Portland
Soliciting Office
320 Morgan Building;
Felt & Tarrant Mfg. Co.
Chicago
ADDING AND CALCULATING MACHINE