Morning Oregonian. (Portland, Or.) 1861-1937, April 20, 1922, Page 5, Image 5

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    3
DEBT C0III5SI1
TO GET LITTLE CASH
I shape of damage done by American
troops in Russia. That set-off can
I hardly be admitted. American troops
i were in Russia chiefly for the legiti
I mate purpose of protecting supplies
J sent by America to Russia at the re
quest of the preceding Russian gov
ernment. Moreover, there is all the
difference in the world between Rus
sia's obligation and promise to repay
a loan made by America and any
possible liability America may be
under for damages. The heart of the
present American relations with Rus
sia lies in America's insistence that
a contract is a contract and that
contractual obligations must be re
spected. The communistic philosophy seems
to Include a negation of this doctrine.
Until Russia accepts this condition
Promises to Pay About AH
That May Be Expected.
REPORT MAY DISAPPOINT
and gives evidence of compliance
with it the present Russian govern
ment is hardly likely to get the rec
ognition it Is anxious to get from
America.
Great Britain and Czecho-SIovakla
May Be Able to Meet Part of
Bill, but Others Won't.
AD CLUB FOLLIES TONIGHT
THE 3IORXIXG OREGOXIAX, THURSDAY, APRIL 20, 1923
BY MARK SULLIVAN". .
fCoprright br the New York Evenln Post,
Inc. Published by Arrangement)
WASHINGTON, D. C, April 19.
, (Special.) Th commission whose
function it is to collect the $11,000,000,
000 owed the United States by various
European nations has organized. The
next tep, necessarily. wJil be for this
commission to give formal notifica
tion to the European debtor govern
ments of the commission's duties in
the collection of these debts or in the
making of arrangements for their col
lection, and then to await such re
sponses as the nations may decide to
make. It is easy for all well-informed
persons to guess approximately what
these responses will be.
Great Britain probably will pay e
considerable sum on account of tl s
accrued interest and express willing- j
ness to accept 1 any terms that the ;
United States may suggest about fu
ture installments. Aside from Great
Britain, it is difficult to think of any
one of the other nations that is likely
to make any payments on account.
Cecho-Slovakia May Pay.
It Is Just possible that the Czecho
slovak government may be prepared
to do something in a small way. This
government is about the only one of
the various new nations set up by the
Paris conference that has conducted
Its fiscal affairs In euch a way as to
qualify as a solvent debtor. As a
result of Czecho-Slovak economy and
the sound management of its finances,
it has recently been able to borrow
several million dollars from private
bankers in America and Great Brit
ain. Other than Great Britain and the
Czecho-Slovak republic, it is impos
sible to expect that any of the other
governments in debt to the United
States will or can make any payment
in cash. Some of them ought to be
able to, but are not. France proba
bly will say that she acknowledge.!
thedebt and expects to pay It, but
that she can give no definite assur
ances until she has collected mor
of her reparations from Germany or
has secured assurance of such pay
ment on a basis dependable enough to
provide grounds for credit.
Little Caea Is Expected.
Most of the other nations will give
one variation or another of the same
reply. The net result of all thefe
responses will not be very great in
cash, and yet. Incidentally, some re
publican leaders in the senate are pre
pared to place so much confidence in
the amount of these collections in the
Immediate future that they have re
vived the hope of financing the sol
diers bonus out of them. It may be
possible to do this in a small way.
Probably what Great Britain will pay
may be enough to finance a minute
installment on the soldiers bonu
That, however, is another "story.
After the debt refunding commission
has received its various answers, tho
next step logically will be a report
by the commission to congress. That
report may turn out to be disappoint
ing to congress and the country. S3
far as the country expects all of these
debts to be refunded on a normal -basis,
at a normal rate of interest and
with installments beginning immedi
ately, the country Is likely to be dis
appointed. .
Gold Advance May Be Asked.
Beyond these three steps it is dif
ficult to see further into the future
By the time all this has taken place.
certain other angles of the Kuropean
situation will be more clear than they
are now. If those of the Kuropean
nations who have debased their cur
rency should decide as a result of the
Genoa conference to stabilize their
currency and otherwise bring their
fiscal affairs to a sound basis, there
is likely to be a request by some
of them for. an advance of a part of
the Lnited States gold to serve as a
basis for their new currency.
At this point it is going to be
necessary for America to practice a
good deal of wisdom. If any of those
Kuropean countries show an honest
disposition to stop spending more
than their Income and to stop print
ing paper money, then it would be a
wise and statesmanlike thing for
America to lend them some Ameri
can gold under proper reservations.
Just why it Is disadvantageous for
America to have such a disproportion
ately large share of the .world's gold
supply and why it would be advan
tageous for America to devote some
of it to enabling other countries to
stabilize their currency is a more
complex aspect of economics than fa
commonly understood. Incidentally,
one of the countries that owe money
to the United States is Russia. Rus
sia owes some hundreds of millions to
the United States government and
also owes some hundreds of millions
to American bankers.
" At the Genoa conference Russia
has developed the theory that against
these debts she has a set-off in the
MIXSTREIi show to be held
AT AUDITORIUM.
I
A
Krly -Mt
The proud
possessor of
a complete
Billings and
Spencer tool
kit probably
started with
one Billings
and Spencer
wrench
Dress Rehearsal Proves Parts Are
Well Liearned and All Numbers
Are Ready lor Performance.
A good old-fashioned minstrel show
with interlocutors and end men and
everything: will open the Ad club
follies to be staged tonight at the
auditorium. There also will be pretty
dancins girls, advertising stunts,
comic songs and musical reatures.
which, it is declared, will make the
show one of the best amateur per
formances ever staged in Portland.
The closing number will be par
ticipated in by a chorus of 100 voices.
Charles F. Berg will have the posi
tion of interlocutor in the minstrel
show, and end men will be E. N.
Strong, Tommy Luke, Clarence For- (
ter, A. is., iiougnton, Jfnii jenmnga
and Tom King. The women also will
be featured in appropriate dances and
songs, and fancy costumes will be on
display.
The programme for the night in
cludes the following numbers: Over
ture. "Blackface De Luxe," "Funny
grams,'" "Danceland," Jack Carter and
Ethel Hutchison; "An Original
Sketch," "Adland," and i'Melody Gar
den."
"Everybody Ready? She's In the
air." Thus Jack Carter, manager, gave
the signal for the rise of the curtain
on the final rehearsal of the show at
the auditorium- last night. Contrary
to most full-dress rehearsals, every
thing went off with clock-like pre
cision.
Wardrobes and costumes have been
completed. New scenery and drops
have been, painted and made ready
on the auditorium stage.' Spotlights,
flood lights and other electrical ap
paratus, lent through the courtesy fo
Portland show houses, have been in
stalled.
The cast has been hard at work for
the past month on the parts, and an
almost professional perfection has
been the result. Even the 15-piece
orchestra, assembled by George Olsen,
has parts down to the point where
the various bits of jazz and pleasing
syncopation blend harmoniously with
the cleer songs and dances that nu
the birl to overflowing.
COLOR BOOK OF VALUE
NEW FEATURE OF THE OREGO
NIAN IS WINNER.
Parent Who Desire Good Pictures
for Their Children Will Find
Novelty Very Instructive.
Parents who are careful to place th
best of pictures before their children
will find the Invisible Color Book,
which starts in The Oregonian on
Sunday, both attractive and instruc
tive for their boys and girls. This
magic coior book has been indorsed
by women who have made a study of
the proper sort 01 reaaing. material
for children.
better than anything I have ever seen
in the newspapers ror cnuaren, saw
Miss Anno Mulheron, city librarian,
yesterday. "The pictures are'artistic
and exceptionally well drawn.
"The novelty of bringing out the
colors by merely applying water to
tVia T.,nt04 n,?( will attract the chil
dren and at the same time iney wu.
be absorbing ideas of value to them,
travel rpnps look f asai nat i n sr
and the pictures seem really construe j
tive."
UfaHlA ArtiTil TTarria of the Bovs'
and Girls' Own Book shop of the J. K.
Gill company believes in the Invisible
Color Book so thoroughly that she
will have copies accessible for the
children who drop into the balcony
department to read.
'T nnnoiAw ,1CA rf,flUf t Yl A hit
of the kind I have seen and I think
The Oregonian should be eommenaea
fn,, Virins-ine- this feature to the boys
and girls of Portland," she said.
"It is nt just a passing fancy, but
wnrth-tvhile series, which should
prove a great joy to the children and
:o their parents, who need have no
'ear in placing these pictures before
heir boys and girls. They are of a
iio-H eton.h and shotilri arfiiiRR the
imagination of even young children."
WOMAN IS CATTLE BUYER
25 Guernseys Purchased for Farm
Billings
fcSpencer Go
Hartford. Conn.
at IjOS Angeles.
OREGON CITT, Or., April 19. (Spe
cial.) A carload lot of Guernsey cat
tle for the Adhor Guernsey dairy farm
of Los Angeles, Cal., has just been
purchased in Clatsop county and at
Long Beach, Wash. Sirs. A. T. Hughes
of Redland, Clackamas county, se
lected the lot, consisting of 25 head.
The carload of Guernseys will leave
for its destination in Los Angeles the
latter part of the week.
This is the second carload or
Guernseys Mrs. Hughes has selected
in Oregon and Washington for the
Adhor dairy farm. In the spring of
921 Dr. Rosenberg, superintendent of
the Adhor Guernsey dairy farm at
Los Angeles, purchased two carloads
of Guernseys, one in Clackamas coun
ty and the other in Multnomah county.
RAIL INC0MEJS $20,042
Astoria Southern Company Files
Report In Salem. ,
SALEM. Or., April 19. (Special.)
The operating ineome'of the Astoria
Southern Railroad company wa-3
$20,H2.70 for the year 1921, accord
ing to a report filed with the Ore
gon public service commission today.
The operating revenues of the cor
poration for the period covered in (the
report aggregated J107.S64.72, while
the expenses totaled JS4,471.62. The
taxes were J3350.40. t
The operating income of the Coos
Bay Water company, with headquar
ters at Marshfield, for 1921 totaled
J 13,336.93 or J299 more than during
the previous year. The operating
revenue was $58,447.13, operating ex
penses $38,939.12, and taxes $6158.13.
Seven Passenger Touring
oJitnm o u n
ces
er, a more beautiful
With the advent of this new' Packard, we
believe that a definite turning-point has
been reached in the 'manufacture of the
better motor cars.
Packard resourcefulness in producing
motor carriages of incomparable charm,
and brilliant, dashing performance, has,
in this instance, surpassed itself.
But something infinitely more important
and impressive has also been accomplished.
The new Packard conveys an instant
and vivid conviction of value so very
great as to be almost epochal.
We are sure that this group of eight
inimitable cars will compel you to com
parisons ; which are certain to give the
hew Packard a position of overwhelm
ing advantage.
The price of the neva Single-Six five passenger touring it i2485 at Detroit
The new price of the Txvin-Six touring US 3850 at Detroit
PORTLAND MOTOR CAR CO.
Tenth and Burnside
A S K
THE
M A N
W H O
O W N
ONE
CITY SOON GETS TITLES
$31,900 PAID FOR OUTLET
FOB DELAY STREET.
Buildings Which Canot Be Moved
This Season Are to Be Leased
for One Year.
After long chain of legal pro
cedure, the city of Portland "this
week becomes the owner of the par
cels of land taken from private own
ership for the proposed opening of
Delay street into Larrabee street,
thus providing a direct outlet from
the St. Johns river road extension
to the Broadway bridge.
The total assessment for "the
acquirement of these properties was
J34.9O0. and the last settlement with
the owners has been made. Four
parcels of land were involved and
the owners of record and the
amounts awarded were: Mrs. B. M.
Schlegel and Mrs. M. A. Strahan, 5000
square feet, $1700; T. C. Tenneson,
5OO0 square feet, $10,500: A. S. Ben
son, 33921 square feet, $4600; heirs of
the Henry Weinhard 'estate, 2437
square feet, $2800.
There is one three-story brick
building and the others on these
properties are frame structures. It
will not be possible for the public
works department to reach the actual
opening and improvement of this
new street area this season, -because
of the full programme of public
work already undertaken. For this
reason the city council yesterday
authorized the purchasing agent to
lease the buildings for one year. The
income from this source, it was said,
will go into, the fund to pay for the
permanent improvement of the street
when it is actually opened and thus
reduce the cost to the assessment
district that will have to pay for the
paving.
Work on Drive Progresses.
SEASIDE, Or., April 19. (Special)
Work on the Roosevelt drive is
progressing. The fill made alongthe
Wahanna river, paralleling the rail
road track, is about completed. At
the special election to be held May 2
it will be decided whether the Roose
velt highway will be moved from the
west side of the Spokane, Portland &
Seattle tracks to the east side of the
tracks. This plan only calls for the
road to be moved on the south side of
Broadway.
Tillamook School Head Re-elected.
TILLAMOOK, Or., April 19. (Spe
cial.) The school board re-elected
Professor L. W. Turnbull as superin
tendent of the Tillamook public
schools and practically all the teach
ing force were re-elected. Those who
have accepted are: M. E. Johnson,
manual training: L. N. Bennett, high
school principal; Mrs. Bertha Hanson,
Mrs. Flora Heyd, Miss Oeorgie Barry,
A. W. French, J. S. (Join, Florence
Heffley, Josephine Heffiey, Marion
Hanson, W. S. Buell and Reta Martin.
Some of the other teachers have not
yet decided whether they will renew
their contracts. Owing to the fact
that taxation In this city has become
exceedingly heavy, the school board
reduced the salaries of the teachers,
and it is the intention of the board to
cut out several departments.
EX-PROSECUTOR IS DEAD
Dan . T. Chamberlain, 69, Suc
cumbs on Marlon County Farm.
SALEM, Or, April 19. (Special.)
Dan T. Chamberlain, 69, at one time
district attorney at Hastings, Minn.,
died! on his ranch near Shaw. Marion
county, last night. Friends of Mr.
Chamberlain said he also practiced
law at Kalamazoo, Mich. About 10
years ago his health failed and he
came to the Willamette valley. He
afterward purchased a ranch- on
which he made his home for the past
several years.
Mr. Chamberlain is survived by a
son, Thorpe Chamberlain of Blue Is
land, 111., and a daughter, Mrs. W. C.
Smith of Minneapolis. The body will
be sent to Minnesota for burial.
Give pesinol
tx loir xesi
"rv it with Resinol Soao
or that stubborn skin
eruption. It promptly.
aiiays
l sure
lasting relief
I
stops ncrang ana
irritanoiibrinsSn
ESIHOL
Sooth inq and Heaiinq
At all druggists
a
FROM
COUGHS
Colds, Croup
Tickling Throat
Whooping Cough
Bronchial Cough
Hoarseness, etc.
For many yaara a atanJaro!
amiljreoush mdlci na mi high,
stmariu Contains no opiates.
tVLU iVLlUVlaallll, .