' THE 3IORNIXG .OltEGONIAX, THURSDAY, OCTOBER 7, 1920
sugar men averse
to pocketing loss
Wholesalers Expected to Live
Up to Contracts.
FAIR PROFITS ADMITTED
r.ujcrs Must Pay 22 Cents Be-t-pite
Lower Quotations, Says
Official ot Company.
BOSTON. Oct. 6. The Revere Sug
ar Refinery today announced a price
of 11 3-4 cents a pound for refined
sugar. Two weeks ago the company
quoted a nominal price of 21 1-2
cents a pound, with the statement
that it was "out of the market."
AV. K. Foster, vice president of the
American Sugar Refining: company.
In a statement to Attorney-General
.Allen today in connection with the
latter's inquiry into the sugar situa
tion, said the company would re
quire wholesalers to live up to their
contracts for sugar at 22 1-2 cents a
pound, notwithstanding" recent de
clines. The company would not be
Justified in using its surplus of J23.
000,000 to offset losses of its custom
ers, he said. ,
"Is it not a fact that pressure was
krought to bear on jobbers to con
tract for sujrar at 22 1-2 cents a
pound?" Attorney-General Allen asked
the witness. Mr. Foster replied that
dealers demanded the sugar and that
there was a feeling- at the time that
there would be a shortage in the fall.
Millions Admitted Made.
The American company made an
average profit of 2 3-4 cents a pound
on all sugar sold up to September,
the witness said.
Mr. Foster set at "slightly over
$11,000,000." the operating profits
made by the American company dur
ing the first eight months of the
j ear. Attorney-General Allen then
eought to Abtain from the witness
a statement as to the extent to which
this profit would be impaired if the
company reduced its price on the 40,-
000 tons of sugar which Mr. Foster
taid it had on hand.
Mr. Foster estimated that if the
company reduced its price on the un
delivered sugar to meet present mar
ket conditions it would cause an loss
of tlO.000,000.
"Well." Attorney-General Allen
asked, "if yoi took a loss of five
cents a pound, you would lose only
1 i, 500, 000, wouldn't you?"
"So it appears," the witness re
plied after discussion of 'the calcu
lations involved, but he added there
were many incidental expenses to be
considered.
Possible I.omh Offset.
Calling the attention of Mr. Foster
to a previous statement by him that
the company conducted its business
on the basis of ultimate net profit in
a year, the attorney -general contin
ued: "Then with a profit for eight
months of Jll.00u.000, a possible loss
of $4,500,000 to meet market condi
tions would still leave the company
a net profit for the year of Jti.OOO,
000. would it not?"
Mr. Foster said it would, but he
eaid there might be some loss to the
company if it had to buy in now sug
ars at a price higher than it had
contracted to sell for.
Mr. Foster said that the total stock
of sugar which the company lias on
hand is 118,000 barrels, while its un
delivered outstanding contracts call
for 131.000 barrels.
Abnormal Gain Denied.
In a prepared statement Mr. Fos
ter said:
"Notwithstanding the severe decITTie
in the price of sugar, less than 5
pr cent of our trade in the New
l-Jngland territory has requested can
cellation of contracts. Many have,
however, asked for postponement of
delivery. The attitude of the com
pany is now and has been that our
company will assist its customers
vhtf ask for extension of time in
which to receive shipments or to
make 'payments. On its part 'it has
outstanding contracts for raw sugars
entered into months ago at higher
prices than those at which retined
sugar can now be purchased at re
tail. These it must meet, and, as a
matter ot fact, the refined sugar
which the company has delivered to
its New Kngland trade was manufac
tured from raw sugar which cost the
company as high as 23.62 cents a
pound landed in Boston.
our company has not this year
made an abnormal- sum of money
from its operations in New Kngland
or elsewhere. For the first eight
months of this year the average cost
of our raw sugars refined in Boston
was 151 cents a -pound. The average
price of our refined delivered to the
trade was 17 cents a pound. The
difference is only 2 cents.
"Out of this margin must come- not
only any profit, but the entire cost
of refining and distributing and the
loss incident to making refined sugar
out of raw."
tumbling: .which "certainly must end
a lot of people to the wall."
Speakers opposing: the practice told
the commission there was no way to
avert the menace of overstocking: by
dealers who were certain of sustain
ing no loss under the guarantee.
FARMERS MIGHT RETALIATE
Curtailment of Production May
Follow Price Curtailment.
CHICAGO. Oct. 6. A warning
ag-ainst a sudden slump in livestock
ana grain prices was issued today by
the farmers' grain marketing com
mittee of 17, appointed by the Amer
ican farm bureau association, which
clor.ed a three-day conference here
called to discuss .co-operative mar
keting. Farmers who, contrary to popular
cpitiion, failed to make money 'during
the war period, are tired of producing
grain and livestock at a loss, the
statement says, and may retaliate by
curtailing production.
Country elevators, now filled with
grain for which it is impossible to
obtain cars, are threatened with ex
tinction should prices be driven lower,
according to the statement.
FURTHER CUT IS ANXOUXCED
Federal Company- Offers Sugar at
11 Yi Cents in Xew York. -
NEW YORK, Oct. 6. Further im
petus to the downward movement of
sugar prices was given today when
the Federal Sugar Refining company
lowered its list price another cent a
pound to 11 V4 cents for fine granu
lated sugar.
New low record prices for the year
were established late today when 5528
bags of Porto Rico sold at 7.28 cents
delivered to the refiner. Full duty
sugars were offered at 7 cents, c. 1. f.,
without being taken.
Utah-Idaho Price Declines.
SALT LAKE CITT, Oct. 6. Reduc
tion of the wholesale price of beet
sugar 50 cents a hundred pounds, ef
fective tomorrow, was announced to
day by the Utah-Idaho Sugar com
pany of Salt Lake City. This will
bring the Utah price to $12.82 and
the San Francisco seaboard price of
$13.02.
HMD
BY 00
IS
IER
CHEERED
WS
Throngs Greet Senator on His
Way to Chicago.'
SEVERAL SPEECHES MADE
LORD MAYOR IS ARRESTED
Wexford Executive Jailed for Ac
tion Similar to MaeSwiney's.
WEXFORD. Ireland. Oct. 5. Rich
ard C'orish. lora mayor of this city,
and Edward Foley, a merchant, who
were acting as judges at. the Wexford
Borough arbitration court, in the town
hall here, today, were arrested by the
police and escorted to the military
barracks
Lord Mayor MacSwiney of Cork was
arrested under similar circumstances.
PRICE CUARAXTEITdEFEXDED
Manufacturers Count Practice Good
Form of Insurance.
"WASHINGTON. Oct. 6. Manufac
turers' guarantees against price de
clines w4re characterized as a gootl
form of "insurance" by representatives
of business interests employing the
tievice who appeared today at the fed
eral trade commission hearing. They
urped the commission to follow a
lands-off policy and decide complaints
against the system on the merits of
individual cases.
The commission concluded its open
1i vest igation. although briefs may be
filed during the next 30 days;
Proponents of the guarantee prac
tice emphatically denied that it aided
in maintaining high prices. On the
contrary, they declared it had result
Oil ir. an immediate passing on of price
reductions by manufacturers to con
sumers. As the manufacturer as
sumed the risk of losses, the dealer'
was forced through competition to j
stll at his lowest figure, speakers
arfued.
W. T. Nardin of St. Louis declared
that the evaporated milk industry
w hich he represented could not avoid
the practice and that sales could not
be carried on effectively due to the
r.ature of the product without giving
dealers such protection. He chal
lenged the statement that few guaran
tors ever had paid or had been called
upon to pay through price reduction,
citing cases where refunds had run
into thousands "and even tens of thou
sands of dollars in a single year."
Mr. Nardin said that had the guar
antee not been In operation many
commodities might have followed
eugar in its price collapse and brought
".-cores of substantial businesses" to
the verge of bankruptcy.
He believed the guaranty would
bavc prevented sugar prices from
reaching the "peak" to which theyj
soared and would have prevented a '
FIGHT ON IN OKLAHOMA
(Continued From Firnt Pace.)
and on several war measures Gore
departed from President Wilson.
More lately he was one of the
democratic senatorial seceders from
Wilson on the league of nations. For
that disloyalty tire Wilson democrats
determined to relieve him. The re
sulting primary contest was the most
bitter ever held in Oklahoma. Gore
was defeated by a pro-Wilson repre
sentative. Scott Ferris, who made his
fight on a league platform for the
nomination.
But the bitterness of that factional
fight has made a party schism based
partly on the principle of the league
and partly on wounded feelings. The
Wilson democratic press had gone so
far as to say that men who supported
Gore were not democrats. Now some
of - the defeated followers of Gore
say "very well, we are not injured,"
and some of them arj organizing to
vote for the republican candidate.
In the part of Oklahom that is
sometimes called "Little Dixie," here
are many old-fashioned southern
democrats born In Georgia and Ala
bama whose traditions go back to
state rights. An old-fashioned hard
shell state-righter, who was innocu
lated by Gore with the idea that the
league means surrender of sovereign
ty and has become "set" in that idea,
is hard to change. Many of these
are of the temper that put Tom Wat
son in the Georgia senatorshlp. They
will undoubtedly be a factor in this
senatorial election. The republican
beneficiary of this defection, John W.
Harrold, is a lawyer who until a
year ago had no greater public dis
tinction than the office of referee in
bankruptcy.
Vote for Berarer Recalled.
Last October Harrold was elected
to congress in a special election in
a normally democratic district. Dur
ing his brief service in congress he
attracted attention by being one of
the republican members who voted to
seat the Milwaukee socialist, Victor
Berger, who was under charges of
disloyalty.. That vote might have
been mere eccentricity or it might
have been action on principle. Prob
ably it was more nearly the latter.
Nobody thinks of Harrold as a radical
or socialist, though his action will
get him much of the solcialist vote.
Another factor relied on by the
republicans to help them in the
senatorship fight and to a lesser ex
tent in the presidential regime, is the
general discontent with the national
administration, which occasionally
expresses itself in the words, "dern
Wilson anyhow." .
Similarly, two- factors work against
the republicans. One is the negro
question. Oklahoma is a southern
state with separate railroad cars and
stations for negroes. Some of Hard
ing's utterances have tend- - to revive
sensitiveness about the color line.
Also some of the activities of the
republican national committee in
Oklahoma during the present cam
paign have not commended them
selves even to many who are republicans.
League of Nations, Business Stabil
ity and Increased Production
Are Topics Discussed.
CHICAGO. Oct. . Senator Hardins
stopped over for four , hours in Chi
cago tonight on his mid-western
speaking: trip, but scent the time
quietly at a downtown hotel, rest
ing and talking: over campaign pol
icies with party leaders.
Although no-speech nor formal re
ception was planned, the candidate
did not escape popular attention. A
crowd at the railway station cheered
him when he emerged from his pri
vate car and another throng was
gathered about his hotel. During his
trip from Marion he had'been greeted
by cheering throngs at several Ohio
and Indiana cities and made short
speeches at Lima, O.; Decatur, Hunt
ington, Crown Point and Hammond,
Ind.
Departing late tonight the senator
will make his first prepared speech
of his trip at Des Moines tomorrow
morning. A pronouncement on the
league of nations, probably embody
ing a reply to recent democratic ut
terances.will be his principal theme.
The league of nations, business sta
bility, increased production and elec
tion of a republican congress were
among the many issues discussed by
the nominee in his rear platform
speeches across Ohio and Indiana.
At nearly every stop he referred to
the preservation of American na
tionality and reiterated his pledge
that when he becomes president no
council of foreign powers ever would
send American soldiers to war.
American Market Ilrnt,
At Lima and again at Hammond the
senator declared he wanted to main
tain the present high standard of
wages, but on condition that produc
tion was kept at a high efficiency.
"I caution, you," he said at Lima,
"that that never could happen under
the policies of a party which believes
in opening the doors of America to
foreign-made products. If I am elect
ed president, as I expect .to be, I am
going to stand for the policy that
furnishes American markets first for
American products."
"You rejoice In the new standard of
compensation, and I rejoice with you,
but you are grieved about the high
cost of living and you have a right to
be grieved about it. While men may
talk to you about reducing the cost
of living, yet it can be effectively
reduced only in one way. and that is
by giving the best efficiency that is
in you so as to reduce the cost of
production."
Many children were in the crowd
at Decatur and Senator Harding told
them that on their account he wanted
to keep the nation free from en
tanglements that would impair its
Ideals and its -integrity. It was his
ambition,, he said, to assure "for thee
boys and girls the same kind of
United States that I looked forward
to when I was In the public schools."
In making a plea at Huntington
for a federal administration that
"would get down to real business
methods" in the conduct of govern
ment the candidate declared his be
lief that the people wanted a change
and were going to get it.
"And if you are going to put the
republican party in power in the
executive branch," he continued. "I
want to ask you to make sure that
you put it in power also in the leg
islative branch and send my friend
Jim Watson back to the United
States senate."
Taking his cue from someone in the
crowd at Hammond, who told him
that 4000 men from that city were
in the army during the war, the
senator praised the patriotism of the
service men and said the time would
come when the government could
reward them.
"I want to say to yon service men
in this audience." he said, "that I
want the government to show you
the gratitude of the American people.
Are Your Eyes
Satisfied?
Let my perfect-fitting
Glasses Satisfy Them
DR. WHEAT
Eyesight Specialist
207 Morgan Building
Entrance
346 2 Washington St.
Queen's Palace In Litigation.
HONOLULU, T. H., Oct. 6. (Spe
cial.) Suit to condemn the historic
Washington place, home of the late
Queen Liliuokalani. for public pur
poses has been filed in the circuit
court. The territory wants the prop
erty for use as an executive -man
sion while heirs want to retain the
place.
In Carpathia an embroidered hand
kerchief is used as a symbol of a
marriage engagement.
YOUR collar" has
more importance
per square inch than
anything else you wear.
EAR L & WILSON.nWt, K
(pilars & S flirts
jj mwoep ocawuutt
Rue de la Paix
Chocolates, $2
Street Floor
oUtmnm (?o.
c) "Merchandise of e Merit Only
1
Here is, Concrete Evidence That Men's Superior Suits and1
Overcoats Can Be Sold at Low Prices:
i
i
j
I - r
a.
i
i
' Suits
lrW Lgham
i mb II SI 3$&ft Hlsh
&i tea Mmm 1 J ,
i 'fluffs f?ViiiLti ,-;k.M---r-.v
5 I I
a i TU ' ,; j c;
t i rr- a Kir iiiiAin ofiuuri uyui'w U3 u i &o&iuuuf& LyjJ& I i
c I of the smart models awaiting your selection.
i - ; ,
Sale of Men's
Handkerchiefs Today;
Street Floor
A Great 3 -Day Sale
which men, who know clothes
values, will recognize as a
sale of real ' merit, offering
200 Men's and Young
Men's Handsome
New Fall Suits
At
an exceptionally low price for,
exceptionally high-grade suits
Our buyer decided that he wanted to give men who abso
lutely insist upon getting the best value available for their
mopey, the best suits that can be bought anywhere for $39.50.
In order to do so it meant taking higher-priced suits from regu
lar stock and reducing them.
I
$39.50
i
In gathering them together he showed no discrimination :
Stein-Bloch, Langham and Langham High Suits were in
cluded, and regardless of cost price, the $39.50 price-tag was
affixed on each.
POINTS TO REMEMBER :
No. 1 Every suit is all-wool.
No. 2 Every desirable nen style is represented.
No. 3 The best fabrics were used.
No. 4- The best tailoring was put into them.
No. 5 Each suit is perfect-fitting.
The fabrics include cassimeres, cheviots and unfinished
worsteds, the latter so popular here in Portland. There are
smart mixtures, plaids, stripes and plain colors.
And 1 00 Men's and Young
Men's Ail-Wool Overcoats
At $26.5
Made by the famous Oregon City
Woolen Mills
This, we take it, should be sufficient recommendation for them. At
least it is a guarantee that the fabrics are ALL-WOOL and you may
depend upon it that $26.50 is less than the regular price A GREAT
DEAL LESS I
Do not wait for a better offering 1 We have reasons to believe that
there will be none to equal this one, making the possibilities of a better
one more unlikely.
Smart dark mixtures and over-plaids, in browns, tans, grays and
greens. Full and half-belt models with slash pockets and convertible
illars.
Fifth Floor Lipman, IV olfe & Co.
WATCH
THE BIG 4
Stomach-ICidn ey s - He art-Liver
Keep the vital organs healthy by
regularly taking the world s stand
ard remedy for kidney, liver,
bladder and. uric acid troubles
COLD MEDAL
The Nntional Remedy of Holland foi
centuries and endorsed by Queen Wilhel
aiina. At all druggists, three sizes.
Coo'k. fas the name Gold Mdo on.TTUT baa
euad accept no imitatioft.
Hair Grown on Bald Head
Aftar hems almost totally bold, a New Yorker
ttappily found aomethtnp; wbleb brought oat a nw(
luxuriant prowtb of hair of which ho is ao proud
that b will vend tba information free to an yon
7ho aaka for It. Write: John H. Brit La in.
Station P. Mew York. N. Y. Many woaneo and
tnn bra stows hair after aM else fail4. Cvt
(tut at, show etbvra; tlua ia ganai.
THE C. GEE WO
CUIMiSB
C. GEB WO has
mads a life study
ot the curative
proper ties pos
sessed In roots,
herbs, buds and
bark, and has
r--X.3fc compounded there-
- 'V t fcw from his wonder-
I tJ-W! lul. w e 1 1 - known
LIT - VCji-lX, remedies, all of
fectljr harmless, as no poisonous
drugs or narcotics of any kind are
used In their make up. For stomacn.
uog, 'kidney, liver, rheumatism, neu
ralgia, catarrh, bladder, blood, nerv
ousness, gall stone and all disorders
of men. women and children. Try
C. Gee Wo's Wonderful and Well
Known Root and K:rb Remedies.
Good results will surely and quickly
follow. '
AT 102Vi FIRST STREET.
I'ORTLAJiO.
Kill That Cold With
FOR
-Colds, Coughs
CASCARA hJ QUININE
omw
AND
La Grippe
Neglected Colds are Dangerous
Take no chances. Keep this standard remedy handy for the first sneeze.
' Breaks op a cold in 24 hours Relieves
Grippe in 3 days Excellent for Headache
Quinine In this form does not affect the bead Cascara is best Tonic
Laxative No Opiate in Hill's.
ALL DRUGGISTS SELL IT
PHONE YOUR WANT ADS TO THE OREGONIAN
Main 7070 A 6095
SAGE AND SULPHUR
DARKENS GRAY HAIR
It's Grandmother's Recipe to
Restore Color, Gloss and
Attractiveness.
Almost everyone knows that Sage
Tea and Sulphur, properly compound
ed, bringrs back the natural color and
lustre to the hair when faded,
streaked or Bray. Years ago the only
way to gret this mixture was to make
it at home, which is mussy and trou
blesome. Nowadays, by asking at
any drug store for "Wyeth's Sage and
Sulphur Compounl." you will get a
large bottle of this famous old re
cipe, improved by the addition of
other ingredients .at a small cost.
Don't stay gray! Try it! No one
can possibly tell that you darkened
your hair, as it docs it so naturally
and evenly. .You dampen a sponge
or soft brush with it and draw this
through your hair, taking one small
strand at a time: by morning the
gray hair disappears, and after an
other application or two, your hair
becomes beautifully dark, glossy and
attractive. Adv. .