THE SUNDAY OREGONTAN. PORTLAND, NOVEMBER 14, 1920 GERMANS PREPARE 0 BUSINESS WAR Big Interests Merging Into Monstrous Combines. HUGO STINNES PROMOTER Everything From Raw Material to Manufacture and Sale of Prod ucts Going Into Trusts. (Copyright by th'Ke-W York World. Pub lished by Arrangement.) BY CYRIL BROWN. BERLIN, Nov. 13. (Special.) Along- the pioneer path blazed by Hugo Stlnnea a tremendous transfor mation, tantamount to an economic revolution with unforseeable conse quences. Is rapidly taking place within Germany's big industries and is marked by numerous great new merg ers, consolidations and interlocking "community of interest" organiza tions recently completed, in the proc ess of completion and which are still coming. Instead of merely a "horizontal combination" namely, tha combining of several concerns of a kind into a powerful pool or trust, Herr Stinnes' big idea is the "vertical combination" embracing everything from raw ma terial production to the manufacture and sale of highly finished products. Herr Stinnes has already put his Idea into actual practice, and other captains of industry and finance are eagerly following his , lead. These new tranformations and combinations are the talk of the Berlin bourse and are responsible for the tremendous boom in many mining and industrial stocks. Leaders Expect Storm. It eeems as if the leaders of Indus try and finance have sensed the com ing panic and storm, and were fever ishly engineering these great inter locking mixed combinations hoping that these new organizations would prove so strong as to weather even an economic catastrophe. Herr 'Stin nes is the logical pioneer in the new development as the result of his co lossal business energy and the ex pansive force of his powerful inter ests. One titanic new combine just en gineered by Stinnes is accordingly considered a classic model of what is coming in Germany at an increasing rate. Stinnes started by combining two giants of the German mining world, the Melsekirchen coal mining concern and the Deutsch Luxemburg Iron mines and works into the so called "Rhine-Elbe Union," thus link ing up coal, ore and pig' iron produc tion. Next Herr Stinnes obtained control and annexed to his "union" concern the huge Bochuro Association of Steel Plants, the biggest steel producers in Germany. Stinnes further annexed the Boehler Bros." company, makers of world-famed tool steels. Complet ing his ambitious plans, Herr Stinnes lastly reached out and drew the great Siemens and Halske and Schukert in terlocking electric concerns into a community of interest" with his Rhine-Elbe Union under an 80-year agreement. Stinnes' unique combine thus embraces every phase of eco nomic process, from basic coal and Iron ore production to the manufac ture and marketing of every conceiv able product of Germany's highly de veloped electric industry. J.nis stinnes combine should prove a powerful factor in world compe tition, since the Siemens concern has a great and highly developed foreign sales organization. Another s'.gnifi cant fact is that through his combine Herr Stinnes is brought into direct contact with big American capital, as American interests, sid to. have been the Western Electric company.' took over some 30,000.000 marks of the new stock of the Siemens electric concern some time ago. There is also a significant political phase in the fact that Stinnes has lined up into the closest economic union , the leading industries of the Rhineland, Westphalia, Bavaria and Berlin. There is also an intimation that Stinnes hopes to frustrate the proposed socialization of the coal mines by the organization of such mixed combines as are not easily torn apart once formed. Following Herr Stinnes lead, it is rumored that Germany's General Elec tric company is seeking to engineer an organic union with the upper Sile sia group offcoal mines and iron and steel work's. Stinnes' big rival cap tain of industry, Kloeckner, is simi larly consolidating and expanding his Interests. Another Project Fending. Another big pending project ' is a close "bunion between the German Kerosene corporation and the Ger man Petroleum corporation, together with an unnamed corporation, pre sumably the powerful Dutch oil in terests, as a preparedness measure for participation In the world oil war. Of peculiar American Interest are the doings within Germany's aniline dye trust which are projected to put it in better fighting shape for seeking to regain control of the world mar ket. The pool agreement between the eight leading aniline dye concerns constituting the German trust which expires In 1955 has been extended to 1993. Furthermore, a new 600,000,000 mark nitrate trust is to be organized, financed and controlled by the ani line trust for the purpose of taking over the two giant nitrate plants at Leuna and Oppau, where introgen is extracted from the air and fixed ac cording to the method of Professors Haber and Bosch. These plants are producing 200.000 tons, of nitrates annually, and are now a part of the aniline trust s lead ing member, the Radische Analine and Soda factory, which is eager to free itself from the sole responsibility and capital burden of its nitrate en terprise so as to regain its former mobility and devote all its time, en ergy and capital to its original ani line dye field, hoping thereby the better to regain its dominance in the world market against the strong competition of America and English dye industries which sprang up dur ing the war. Eugene to Hear Stanfleld. EUGENE. Or.. Nov. 13. fSDeclal.) To celebrate the recent victory at the polls, the Lane county repub licans will hold a banquet at the Hotel Osburn nextTuesday evening, according to announcement yesterday of Darwin E. Yoran, chairman of the Lane county republican central com mittee. Robert N. Stanfleld, United States senator-elect, wlU be the principal speaker and a number of local men will address the assem blage. Details of the programme of addresses have not yet been worked out, said Mr. Yoran yesterday. Missionary Talks to Students. WILLAMETTE UNIVERSITY, Salem, Or., Nov. 13. (Special.) The traveling secretary of the Methodist foreign misslo.n board, Dr. O. D. Wood, was a university visitor this week, speaking at chapel and con ferring with those students Inter ested in devoting their lives to for eign missionary endeavor. In his address. Dr. Wood - gave a graphic account of life In India, where he served for several years as a missionary. CONGRESS ASKED TO AiD - , PAVIXG OP PARK-TO-PARK HIGHWAY IS URGED. State and Local Rrancbes to Be Formed in 12 States and 100 Cities of West. DENVER, Colo.. Nov. IS. The con vention of the National Park-to-Park 1 Highway association, with .nearly 100 ' delegates "Jn attendance, which closed I . I V. . 't 1 , m 1 , . for the 12 most westerly states in raising 1100,000,000 for hard-surfacing the 5600 miles of dirt roads that serve as connecting links to form the National Park-to-Park highway. Stephen T. Mather, director of the National Park service, officials of the American Automobile association, the Rotarians, Optimists and other west ern organizations, participated. The National Park-to-Park Highway asso ciation was put on a oermanent or ganization basis, and state and local branches will "be formed In 12 states and 100 cities of the west. - Congress was memorialized to make this a federal highway, roughly cir cling nine western states, Colorado Wyoming Montana, Idaho, Washing ton, Oregon, California, Arizona and New Mexico, and connecting 11 na tional parka. Representatives of the governors of these states, as well as Utah, Nevada and Texas, attended the conference, which marked the close of the offi cial tour dedicating this American motor way, with the start and finish .In Denver. The trip required 76 days. noon and night meetings being neia in towns on the route to arouse the west to a greater appreciation of its scenic, indus'triaf and agricultural possibilities.. This wonder highway In the form of a lariat loop embraces an area greater than continental Europe, touching In the course- of Its scenic running noose, .Mesa Verde, Rocky Mountain, Yellowstone, Glacier, Mount Rainier, Crater Lake, Lassen, Yosem ite. Sequoia, General Grant and Grand Canyon national parks. A branch road will some day connect Zion Na tional park In Utah. 'Cheyenne, Great Falls, Spokane, Seattle, Tacoma, Port land, San Francisco, Los Angeles and Denver are on the route. Follows Repeated Colds "When Blood la Impure. Your body suffering from a cold does not properly attend to digestion and elimination. As a result your blood becomes Impure, it inflames the mucous membrane and brings about that condition in which chronic ca tarrh occurs and on which it depends. . Purify your blood, make it clean, by taking Hood's Sarsaparllla, and if your bowels are not healthfully act ive, take Hood's Pills. These medi cines have relieved apd prevented thousands of cases of chronic catarrh. Economy is one of the strong points of Hood's Sarsaparllla 100 doses In a bottle. Why not get it today? Adv. JE9 Tour Tha nksgl vims- Will Be More Pleasnreable Wits 4 . Music. This Model in Mahogany, While Any Remain. $115 $15 Cash, $2 Week, No Interest With this model, the same as any other Brunswick, every artist of the world will be at your command. Never change a part; turn the Ultona, place the needle or Jewel point, and play Brunswick, Victor, Columbia, Emerson, Fathe and Edison records. Without Any Additional Cash Pay- ment You May Select Eight Dou ble-Faced Records (16 Selections) - - CYTRA f All 10-inch Paths Records now IOc LA I Jin All 12-inch Fathe Records now 00c Closing Out the Entire Line. Choose at These Prices Kegardiess of the Artist or Selection. I IBBI If You Are Coins to Install a Furnace, Get a Good One! Before You Buy Any Other Edwards Would Like to Tell You About This Homer Pipeless Ventilator Furnace To have healthful heat there must be at all times circulation. That's why Edwards is recom mending the HOMER PIPKLESS VE.XTILATOK furnace, which has the never-failing Thermo -Seal Inner Lining See how the cold air is "taken in" and "comes out" "warmed and sterilized" after passing be tween the firepot and the Thermo-Seal Lining. Homer Furnaces have been installed in nearly every section of the city perhaps there's one in your neighborhood. ' Installed on Easy Terms No Interest AOood PkceTo Truth EN I lie ' : Immense Surplus Stocks Must Go! - Naturally a stock movement of this kind means "Lowered Prices." For : thejse you are asked to look over the listings below :see the windows and go through the store. , The biggest advantage is You don?t need "cash" to "cash' in" this is not a 30 or 60-day payment sale the same liberal and personally arranged con venient easy terms will be given just as though you paid full and regular - prices. Bungalow Davenports This handsome Duofold, that'll be on the job 24 hours each day, is a real piece of living-room furniture and will open to a comfortable bed at night has steel-link spring built underneath the seat; Frame is solid oak, upholstered spring seat and back are covered with brown leatherette. Others Priced Now at 83 Easy Terms No Interest, regardless of the one you select. Solid Oak Arm Chairs and Arm Rockers Upholstered With Genuine Leather Regular $24.00 to $42 0 $23 $2722 31 These Rockers and Chairs are all finished in hand-rubbed golden wax. Beautiful colonial and straight line styles (not a freak or undesirable one in the lot). A number of Old Ivory and Brown Wicker Rockers and Chairs, upholstered with cretonne, are being shown also on the third floor at the same prices and on the same proportionate saving. v - Exceptional "Three -Piece Suite" Bargains! $110 Three-Piece Solid Oak Set, with genuine leather auto-cushlon seats and cane backs Settee, Arm Chair and G7gS Cf Arm Rocker P I UrOV $120 William and Mary Period, in Jacobean finish. Solid Oak Set: also genuine leather auto cushions Settee, tQf Arm Chair and Arm Rocker JOH.OU $265 Overstuffed Suite of three pieces Davenport. Chair and Rocker all built with fireside wing backs and covered with rich brown leather- J 1 Trt Ct ette. now 3li79J $448.50 Mahogany-with-Cane Suite of three p 1 e c e e luxuriously upholstered ' with beautiful tapestry (circular pil- tOQQ Cf lows included) 1J6OO.JU -$470 Three-piece M a ho g a n y-with-Cane Suite, upholstered with velour. This Is elaborate and a wonderful tOQ 1 7C! value at A f 9 Easy Terms No Interest, Re gardless of the One You Select THESE LOWERED PRICES MAKE IT COSVBNIESTI.Y POSSIBLE FOR TOUR DIXINTO' ROOM TO Reflect a True Thanksgiving YOVI DIXNER MORE THAN DOUBLY PAID FOR BY THE SAV1NQ EDWARDS. Beautiful Queen Ann Period Table and 6 Chairs Similar to Illustration Walnut or Mahogany $198.50 This Is a most exquisite suite real gracefully lined Spoon-Foot "Queen Ann" a suite that conveys the -artistic talent and quality of workmanship as produced by the creative masters of old. Yours on easy terms no Interest. Solid Oak Dining Chairs (dark wax finish) .' a 4.95 Solid Oak Dining Table (dark wax finish) S8J5 THANKSGIVING SALE $85" Special Model" Sellers Kitchen Cabinets $69.50 Not only does the SELLERS place in ARM'S REACH practically all the cooking utensils and materials used in preparing meals. Not only does it enable you to sit instead of stand, to reach Instead of walk, and to SAVE a great amount of work, worry and waste. But convenience positively unobtainable in any other Is built right Into these Sellers cabinets. Big Bargains For Your Bedroom! $66.50 ?56.60 $54.00 $45.00 $50.00 $21.00 $12.75 $242.25 now at . $117.10 now at . Continuous Post Brass Bed.' $49.85 Continuous Post Brass Bed $41.50 Stub Post Brass Bed $37.75 Stub Post Brass Bed $31.50 Kronlund Spring-filled Tuftless Mattress...., ..$37.50 Empress 48-lb. Filled Cotton Mattress.. $16.90 Interlink Steel Bed Springs $9.95 Walnut finished Suite of five pieces 5 00 Flake White Enamel Suite of five pieces jCC 00 -BHEJBEKEIHHBaB- An Assortment That Is Next to Unlimited The Mighty Arms on the Big Wall Rack Which Sway Back and Forth Will Show. Tomorrow Morning on Quality Rugs, Such Lowered Prices as These: "Lifetime Ware" 99 Pure Aluminum Utensils Your Unrestricted Choice at $1.93 -JTWO-ill'ART PERCOLATORS! . SIX,O.U.HT COVERED KETTLES! TWO-QUART RICE II01LER8! TBN-Ql'ART PRESERVE KETTLES! SIX-QUART BERLIN KETTLES) " " TEar-ISCM DIAJHKXER BUlSiU ROASTERS! Other Kitchen Needs at Lowered Prices Genuine Wilton Rugs On such well - known brands as "Akbar,"' "Mahal," "l.akewood," "Bisrelow," "Imperial Bangor." "Shah Abbas," "Sedan," "Kabistan," "Hartford Saxony'' and "Karnack." -.61 ' Sixes 8.3x1 0-, Were SI 10.00 to S1B.1.O0 Now $85.75 to $139.75 Sizes 9x12, Were 11S.OO to 17.',.0O Now $89.75 to $145.00 Inlaid Linoleums, per S1. yd,. 1.DS and Print Linoleums, per sq. yd $1.29 and 1.43 Inlaid Linoleums (4 to 13-yd. remnants), -Congoleum and Prp.LinoIeum, per square per square yard.., , S1.45 yard TOc and S9c 1 Easy Terms, Regardless of What You Select SEAMED and SEAMLESS AXMINSTERS In a Profusion ef Patterns and Colors, at $44.85, $49.65, $56.75 & $62.75 ALL SEAMLESS TAPESTRY BRUSSELS $34.75, $39.50, $43.85 & $49.75 Ten-Piece Guernsey Cooking Sets...., arwelve-Piece Pyrex Copking Set Forty--two-Piece Dinner Sets,...,,,., Fifty-Piece Dinner Sets...'..., , ,.fl.S -- f 505 .S10.7 . , tlS.45 AGoodPhceTo Trad&-' Genuine Leather University Handbags 14-IJfCH SIZE. SOW 16-IXCII SIZE, NOW 18-1 CH SIZE, NOW $K.30 $0.85 $1 0.95 "3 it m til A 1 i 14 as y Terms - Vo Interest V lltTZrTerms - No MW2