Morning Oregonian., March 13, 1922, Page 3, Image 3

TIIE MORNING OREGONIAN, MONDAY, MARCH 13, 1922
BUSINESS FUTURE
DECLARED BRIGHT
Coal Situation Is Clearing and
Strike Not Expected.
FUEL STOCKS INCREASE
financial Survey Shows Strong Re
covery With Billions Avail
able for Credits.
BY HARDEN COLFAX.
(Copyright, 1i22, bv The Oregonian.)
WASHINGTON'. D. C, March 11.
(Special.) Experts from, almost every
line of activity, to national trade as
sociations and to government offi
cials here, state that business during
the last week has continued to pick
vp and that indications point to still
further Improvement.
In Washington interest is center
ing In the forthcoming decision on
freight rates, which is expected soon.
Its effect on business will be ex
tremely beneficial.
"We are looking for a general
freight-rate reduction on all basic
commodities, with the possible ex
ception of grain, rates on which al
ready have been reduced," the head
of a large trade organization told the
writer today. "We believe that the
Interstate commerce commission will
band down its decision within the
next three weeks and that the de
cision will reduce rates on coal, lum
ber, building materials. Iron and
steel and some other essential com
modities by an average of 10 per
cent."
View Shared by Others.
This view is shared by other trade
association representatives here and
by the executives of some railroad
companies. A reduction in rates on
manufactured articles, however, is
not regarded as likely.
The coal situation seems to be
clearing-. Coal operators and govern
ment officials, alike, believe in view
of the changed conditions in Illinois
that the eoft coal strike will fail.
The writer is reliably Informed that
coal operators in West Virginia,
Pennsylvania, and elsewhere, are
convinced that there will be no
miners' strike in Illinois.
Unless the Illinois miners go out
the eoft coal strike is broken before
It starts, la the opinion of observers
here. i
Geological survey statistics indi
cate that industrials are stocking
bituminous coal at a faster rate than
ver before. By April 1, the date of
the threatened strike, these figures
how, consumers will have on hand
from 3.000,000 to 70,000,000 tons.
The country's stock pile today prob
ably is almost as large as at the time
of the armistice.
Long Strike la Feared.
A long strike, however, is feared
by operators in the anthracite field.
There has been, no industrial up
heaval of magnitude there for so
many years that on general prin
ciples; as soirue anthracite operators
see It, a. big strike is overdue. The
meeting In New York, next Wednes
day, between men and operators, is
regarded as the beginning of a con
troversy that may last for months.
Financially, the stage is set for an
industrial revival. The report of the
federal reserve board discloses the
following:
Within a week, the 12 federal
reserve banks have increased their
gold holdings by nearly $50,000,000.
During the same period they have
reduced the amount of their" loans
more than J70.000.000. The total of
those loans stands today, according
to the report, at 1732.000.000. A year
ago the total was $2,515,000,000.
In the face of this remarkable
showing, the chief national banks
S07 in number put an additional
t67.000.000 to work in developing
business enterprises within the week.
Further, the business men added
$101,000,000 to their accounts with
these same institutions.
Billions Are for Credits.
The federal reserve system alone
at this time, according to the board's
report, could safely extend more
than $15,000,000,000 in additional
credit.
Freight trafflo continues to Im
prove. The latest statement of the
association of railway executives
shows an increase in the number of
cars loaded during the week of 75.644
ever the corresponding week in 1921.
Steel prices have hit bottom. The
it-tire reduction since January 1 is
estimated at about $1 a ton. An up
ward trend in prices is expected. In
view of increased demand in almost
every specific line. Pig iron already
lias advanced about a dollar a ton.
Great activity Is reported at some
ef the automobile plants. At five rep
resentative factories sales during
January and February were more than
double sales during the corresponding
period in. 1921.
Textiles Still Tied I p.
Th. textile strike continues a sore
pot In New England and one of the
major instances of Industrial trouble.
In th meantime the south looks for
ward to another small cotton crop.
The) department of agriculture esti
mates there are at present four to five
times as many boll weevil larvae in
th ground as there have ever been
before.
In one big Industry business is fair
ly launched on what appears to be a
real return to prosperity. This is the
hardware business. The demand is
reported to be the best in many years.
Money continues easy and plentiful,
according to the federal reserve board,
and securities still are climbing slowly
upward.
new Russian act. There was an un-
leality about these corpses that made
it seem appropriate to discuss any
thing in their presence cabarets,
soda-water, futurist verse.
"In piles they were badly tangled
up and had to be released like stiff
puzzles. Dropped into the graves
they made noises like wooden things
of the same weight and shape. They
had been men, women and children.
About 50 come every day."
The psychological factor of relief
work among these distressing condi
tions. Dr. Dickinson declared, was a
factor to be considered. As a rule, he
explained the relief agents work
alone and the psychological effect of
conditions around them Is worth as
serious consideration as in arctic ex
ploration or In jungle travel.
When a relief agent starts to con
voy, a load of food. Dr. Dickinson re
ported, he says good-bye to his
friends for ten days, takes blankets,
grub, lives in a box car and "takes
his luck with bugs and bandits."
Transportation Nearly Gone.
Transportation, the key to reliet,
he declared, was almost lost.
"There are no rail lines except
crazy narrow-guage spurs set in some
time past by some special interest to
reach a town or a mining camp," he
said. "To get from Samara to Ka
zan, 400 versts, you have to go to
Moscow and back, 2000 versts. Same
with other cities In the valley.
have seen an American boy stagger
into an American relief administra
tion local headquarters after four
duys in a box-car in which he had
traveled 100 versts.
'For north and south transporta
tion there are no resources but
sladges. Under some conditions these
can-do up to 20 versts a day. Roads
disappear under drifts. Country takes
on appearance of the Arctic, without
landmarks. Horses can drag their
loads only three days a week. A
week's provision for a horse is worth
as much as a horse. The result Is
starving people, who have horses are
trading them for grain.
Machinery Traded for Grain.
"People also are trading agricul
tural machinery for grain; this is bad
on next year's crop. The number of
horses over entire area Is but one
third of last spring; about one-tenth
normal. Cattle and sheep are the
same."
Russian peasants, Dr. Dickinson re
ported, are living on bread made out
of anything that can be baked and
eaten.
"In late September and October,
he said, "peasants began to live on
libeda, a weed that grows In the
wheat and is thrashed with the wheat
on clay bread, dung bread, bread from
bark and leaves and sawdust and sun
flower seed husks."
LONG REST ADVISED
FOR ALL POLITICIANS
Teuton Writer Wants Busi
ness -Men in Public Life.
FAILURE AT GENOA LIKELY
Maximilian -Harden Declares Na
tional Leaders in Three Years
Have Produced Only Talk.
AMERICAN RELIEF PRAISED
Authority Says All Forces Should
Be Put Under U. S. Control.
LONDON, March 12. Sir Benjamin
Robertson, who has just returned
from an investigation of the famine
in the Volga river district of Rus
sia on behalf of the combined British
relief agencies, has just reported that
all famine operations in Russia should
be placed under the American re
lief administration because of its ef
ficiency. Sir Benjamin is regarded here as
the world's foremost famine author
ity. He was British governor of the
central provinces of India for 35
years. In his report to the British
relief fund he said:
"Nothing should be done to inter
fere with the operations of the Amer
ican relief administration. Its or
ganization is perfect and - Its work
in the Volga kitchens splendid. My
heartiest congratulations to the
American relief administration!
"It must have absolute right of
way for its transportation for the
next two months, so that it can rush
the food and seed grain to the Volga
before the spring thaw and mud
make the roads impassable. The
crop must be planted at all costs.
"If anything can save Russia from
complete disaster," he continued, "it
will be the $20,000,000 gift of corn
from the American people, which is
now on its way. That gift of corn is
Russia's only hope of life. Child
feeding alone is not adequate. The
adults must be kept alive to sow
the fields for this year's crop. We
cannot preserve a nation of babies,
or the famine will be perpetual."
Sir Benjamin said he never saw
a famine in India that equaled the
present conditions along the Volga.
PINS TIEN FROM LUNGS
CURIOUS SURGICAL INSTRU
MENT IS IN USE.
Bronchoscope Removes Foreign
Parts From Body, Patient Leav
ing Hospital in Few Minutes.
BT MAXIMILIAN HARDEN,
Germany's Foremost Publicist.
- (Copyright, 1922, by The Oreeonian.)
BERLIN. March 12. (Special ca
ble.) Wht the world needs today is a
vacation a three months vacation
for all nrofessional Dolitlciana. It
should be demanded forthwith.
For three months ministers, secre
taries of state, members of parlia
ment and journalists if they do not
wish to demonstrate their indispensa
bility, should at least confine them
selves to their home governments, to
education and the law. They should
not speak or write a word about re
construction, about "the new order in
Europe." about world economic reor
ganization, etc., etc.
For. the past three years they have
been producing Interminable speeches
and mountainous books, but human
ity's well-being has not been in
creased. Lung matches and tongue
races have been held in capitols, at
resorts and watering places; there
have been trips to Paris, to London,
to Brussels, to Cannes and to Bou
logne, but matters have not been ad
vanced.
Business Men Wanted.
The greatest proof of this is that
the latest conference merely "con
firmed the inviolability of the Ver
sailles treaty."-
With such result, after three years
of work, the professional politicians
may without being humiliated make
room for business men. The latter
are' not always the more clever, but
they are unprejudiced, impartial and
not hampered by party tradition, rou
tine and mouldy documents.
For, considering the record, haw con
we hope that the men. who thus tar
have proved unable to find an ef
fectual means toward recovery will
do better at Genoa than merely fill
the cemetery of the old doge's city
with graves of fruitless plans?
Even Washington, the most fruitful
of all the conferences, had mainly
negative aims, namely, the preventing
of naval armament competition, a
Pacific war and the partitioning of
cnina.
Business Meeting; Wanted.
Then, too, the moving spirits at
Washington were Americans and
Asiatics. They were not from the
mouldy lands of bureaucracy and of
parliamentary and journalistic rou
tine. The only professional politi
cians there were Briand, who, despite
his eloquence and craft, failed to help
his country, and Balfour, who, per
haps, would not have had so much
success had the conference subjects
not been so new to him who had
spent most of his life occupied with
home politics. -
Manufacturers, farmers, tradesmen
and bankers from great and small
lands should meet somewhere without
reference . to victory-or vanquished,
guilt, punishment, treaties and na
tional prejudices, and take counsel
of the most practical business meth
ods to restore the world quickly to a
lasting order.
Conditions Declared Bad.
Between Vladivostok and Coblenz
there are 300,000,000 of people, half
of whom need everything from ma
chines and scythes to needles and
matches, while the other half can
barely subsist and are unable to buy
anything new. Meanwhile other coup-
tries have a supeniuuy or gold ana
can't dispose of their raw stuffs and
manufactures.
- Surely cool business heads could
end these madhouse conditions. Eng
land Is spending one and a half mil
lions sterling daily in unemployment
doles, equaling a billion and a half
paper marks. Can any reparations
compensate for such conditions?
War Debts Huge,
But if you say this to politicians
they speak of treaties, party coali
tions, people's mandates and what not.
Such phantoms ought not to exist at
conference of practical economists
concerned only with economic facts.
The war increased the - internal
When the ticker tape
tells you that your fa
vorite stock has gone
up ten points ....
you know what a
lucky strike is.
LUCKY
The discovery of toasted
tobacco was a lucky strike
for us. ,
If you will buy a package
of Lucky Strike cigarettes
yourself you will see why
millions now prefer the
toasted flavor.
It's Toasted
Do this today and notice the
delicious toasted Barley
when you try Lucky Strike.
debts of the belligerents from 17,
000,000,000 to 1150,000,000,000, super
imposing a foreign debt of $25,00-0,-
000,000, on which interest thus far has
not been paid, to say nothing of cap'
tal payments, which thus far have not
even been considered.
What is to become of this ava
lanche of debts, since it is certain the
United States will not abandon its
creditors' rights to $10,000,000,000
without some compensating gain?
What is to become of the repara
tions settlements when only partial
accomplishment would be followed by
gigantic increase in the debtors
exports, with ruin to the industries
of the other exporting countries?
Russians Are Starving;.
A hundred million Russians are
starving or dying of filth, because
they lack, the tools and capital to ex
ploit the resources of their rich lands.
The politicians speak endlessly and
senselessly of the bolshevist danger
and demand guarantees before they
begin trading. The coming economic
conference must remember that no
other government is possible in Rus
sia at the moment and that most ter
rible chaos would result from a sud
den fall of the bolshevists.
American business genius must real
ize that the time is past when easy
prosperity permitted an abstention
from European, affairs, and even the
biggest banks cannot exist unless
given new creative work instead of
merely the administration of accumu
lated wealth.
The old world needs the new,' and
the new world also needa the old.
Both have the same problems.
It is hardly likely that the politi
cians will voluntarily take a holiday.
so it would have been a mercy if the
United States, in answering the Genoa
invitation, had issued a call for a non-
political conference of practical econ
omists.
Centralia tliurcli School to Open.
CENTRALIA, Wash., March 12.
(Special.) A school for instruction
leadership in those branches or
church work which deal with children
will open at the First Christian
church in this city tomorrow and will
continue through Friday under the
auspices of the western Washington
division of the Pacific Northwest
Leadership Training Schools of the
Disciples of Christ. Roy K. Road
ruck of Spokane, Alfred C. Kuhn of
Denver and Miss Florence Carmlchel
of Chicago will be in charge of the
school, which will not be doctrinal
in character.
BODIES BURIED IN HEAPS
t (Continued From First Page.)
they are burying them irf wagon
loads. They take off the clothes of
the dead, throw them into boxes, put
snow on the bodies to freeze them,
then transport them in piles to the
cemetery. There, twice a weelc, they
are thrown into great holes, cross
wise, packed closely. Dogs have be
come a menace and attack piles of
bodies in droves and dig into graves.
Dead children, starved to death, are
left outside in open ways in piles,
covered with rags until they cai be
hauled away."
From his notes Dr. Dickinson de
scribes a burying ground near Sa
mara, where the dead, gnawed . by
dogs, were piled in frozen mounds
until thrown into great excavations.
"There were three great holes." he
continued, 10x20 and 18 feet deep.
Around these were piles of frozen,
naked bodies men, women and chil
dren who had died of typhus and
hunger. Dogs had been at some
bodies and these were bloody. The
dogs were driven away, all terribly
emaciated and contorted into all
shapes of grotesque agony.
Bodies Tansled Like Pussies.
"As one sees the lop-sided houses
of the Russian villages, the gnarled,
skin-clad bones of the famine corpses,
one seizes the dominant motifs of the .
PHILADELPHIA, March 12. Pub
licity attached to the recent success
ful operation on a little Kansas City
girl here for the removal of a pin
from her bronchus has drawn atten
tion, to a curious surgical instrument
invented for such a purpose. While
the instrument, the bronchoscope, as
it is called, is little known to the lay
public, physicians said its use for the
removal of foreign objects from the
lungs and stomach is quite common
and that clinics are held throughout
the country.
The bronchoscope appears simple
enough to the eye. Roughly, it is a
straight metal tube, more than -inch
in diameter and about 15 14 inches
long. A tiny wire runs down the
tube and there Is an electric light at
the bottom which enables the sur
geon to see into the interior of the
lungs, bronchus or stomach. The for
eign object is first located by means
of x-rays and then the tube inserted
through the mouth into the lung or
stomach.
An especially-designed pair of for
ceps is then inserted through the tube
into -the part affected and the object
removed. The operation is often
bloodless and requires but a few min
utes. It has been known for a patient
to leave the hospital within a few
minutes after the operation, and when
he had entered his life was in jeopardy
from the introduction of a foreign
substance into vital parts of his body
Among various objects that have
been removed from the lungs or stom
achs of patients in this city are safety
pins, common pins, hat pins, false
teeth, tacks, sewing needles, staples,
hypodermic needles, coins and watch
charms.
PAY OFF YOUR MORTGAGE
In monthly Installments, and really
own your home. See us about your
renewal. Special proposition. Port
land Turst company. Sixth and Mor
rison streets. Adv.
Alleged Sloonshiners Arrested.
ASTORIA, Or., March 12. (Special.)
Four persons were arrested In vari
ous parts of Cyttsop county last night
by federal -profai-Mtlon. officers on
charges of manufacturing moonshine.
They were Frank Swanson of Jewell.
Mikei Antone and Ben Thompson of
CMfton and A. .Capallos of this city.
The men will be tried in the federal
courts.
Best grades or coal, well screened.
Diamond Coal Co, Bdwy. 1087. Adv.
A Conservative Custodian
From 1892
to 1922
The Hibernia has grown steadily,
aiming not necessarily at becoming the
largest bank, but at-being one of the
city's safest banks..
The Hibernia is a member of the
Federal Reserve system and of the
Portland Clearing-House.
If such a bank appeals to you, we
invite your account.
4th & Washington
Thrift means a higher standard of living without added expense, the dignity
of serving oneself and domestic independence.
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