r
4
4 ,
THS OREGON DAILY t JOURNAL PORT LAND. THURSDAY, JANUARY 3, Idlb.
CHECK IN FARM
LOANS MAY HIT
FOOD CAMPAIGN
Board Recommends' to Congress
- That Government - Purchase
' $100,000,000 of Bonds.
f i p. i I, - '
LIMIT INCREASE IS URGED
Millions of Foreign Capital Have
Been Withdrawn From Coun
i try, Says Report.
"Washington, Jan. 3. (U. P.) Ameri
can agriculture la faced with a serious
financial; situation, the federal farm
loan board declares In its first annual
report tot congress "today.
Recommendations -are made to per
mit the i secretary of the treasury to
purchase during the coming Vyear $100,-
O0O.0OQ , worth of farm loan bonds. If
'neoeftsary, .these bonds to be resold to
Investors as the demand for them de
; velops. This, it is declared, "will pro
' vide the basic industry of the United
States with the capital needled to in
crease food production during, the war,
stabilize Interest rates and encourage
bm: purchases."
Foreign Capital Missing
Millions of dollars of foreign capital
which had been invested in farm mort
gages In - the United States have been
withdrawn on account of the war, the
report declares.
The funds of large corporations ' and
Individual, investors, which have been
employed freely in the making of farm
mortgages In the past, are being kept
in more liquid and available form on
account of war conditions, and a great
deal of local capital heretofore lent to
. farmers, has been diverted because of
more attractive interest rates in other
fields.
All of this has thrown a tremen-
been interfered with by this abnormal
situation."
: v" , Cnaages In Law Propesed
In addition to recommending Secre
tary McAdoo to - purchase $100,000,000
worth of farm loan bonds this year, the
report ' urges that- the maximum . loan
limit be increased from 110,000 to $25,
000 ; that denominations of the bonds
be changed from $25 to $20 and from
$80 to $40, "to eliminate the fractional
cent In computing interest," and to
amend the existing law so that a bor
rower may pay any or all ot his in
debtedness on any interest date instead
of after five years as now.
The report recommends amendment of
the present act to allow. Joint stock land
banks to operate ia more than : two
states ; to increase their limit of -bond
Issues for 20 times their capital stock
instead, or ia, and to raise the author
tzed interest rate from 6 to 5 per cent.
(This is not to be confused with the
6 per cent maximum interest rate al
lowed federal land, banks.) -
It la shown that during ml farmers
cooperated in forming 1839 associations
granted charters by the board, and that
1985 other associations are in. the process
of organization. Loans amounting to
$105,136,629 have been approved.
Owing to delay in formation of these
associations, however, the hoard, esti
mates that a year hence it may recom
mend amendments to the taw permit
ting a more direct method of borrowing,
The report states that one half of
vILLIM
in
1
"CULLED J
VETERAN
IS
REWARD
' Gatchet. died this morning at her home, T..'llrvrn r ' TJ rctrrrA
118 East "Ninth street north, at the age J; 11 1 IlIld.llN XttJS LUX CU.
of 64. , She : was a native of Missouri
t and had resided in Oregon 37 years.
! Mrs. Gatchet is survived by three sons.
! Charles-and Fred O. Gatchet of Port-
, land and Francis L- Gatchet, now at I
UTO UUIIW- DUilCB Ua-V4U aiIR bvwwvu
Mn San Diego. There are five daughters,
, Mrs. Anna McMahon. Mrs.. Clara Forth,
Mrs. Margaret Stile, Mrs. Edna McKis
sick of Portland and Mrs. Martha For
rest of Pendleton. Funeral arrange-;
ments are in charge of J
Was Member of Fourteenth U. S.
Volunteer Infantry During the!
Civil War Funeral Friday.
To Seattle Trains
Northern Pacific officials announce
that Pullman sleepers will be run on
the night train leaving Portland for
Seattle at 10:30, beginning tonight The
train leaving Seattle for Portland at the
" Hnu linn, alan t" lAAnlnff Q
P- Finley Sc. c TO,.x Kiti ...... k,. k
traveling public and especially by bus!
j ness men of Portland and Seattle, to
1 the elimination of night trains and
sleepers that the railroad board for the
Northwest, now in session in Seattle,
r ; - James Edward Day
I James Edward Day, a native of Mas
sachusetts, age 68, and a resident of
Portland since 1892. died suddenly New has made the concession of one train
cane : sugar to protect Louisiana pro
ducers," said Hoover. f -. r
The f American Refining - company,
through Babst. Hoover " said, had con
tracted for approximately, (0 per cent
of the Louisiana output and the com
pany could not have afforded to handle
it at a lower price.
Methods to curb extortionate " sugar
charges by .retailers were outlined by
Hoover.
Hoover said under the food law retail
ers are forbidden to charge extortionate
rates, but there is no penalty for violation.
If there had been I'd have prosecuted
several retailers," he stated. "There have
each way at night.
Year's . night at his home, 4904 Forty
. .. first avenue southeast. He is survived
wuiiam aanra Dincair uii by his widow. Mrs. Margaret uay. a ' two cities effects a saving In time to
day at the home of his daughter; Mrs. daughter. Mrs. Mary A. I.mbert, and
O. A. Neal. 936 East Couch street, tn three sons, John J.. Nicholas J. and
his eighty-first year. He is survived Michael Day. all of this city. Funeral
by, two daughters. Mrs. O. A. Neal and arrangements are in charge of Miller
Mrs. M. Sever. A grandson. Captain Tracey. Services will be held Friday
F. S. Sever, is at American Lake with morning at 9:30 at the church of Our
the United States troops. i Lady of Sorrows, Woodstock avenue and
Mr. Sinclair was a member of Lincoln- Fifty-ninth street southeast Burial will
Garfield post, Grand Army of the Re- be in Riverview cemetery.
public. He served during the Civil war
as a member of the Fourteenths U. S. j
volunteer infantry. He was in the bat-j
tie of.Shiloh and other important en-1
gagemen'ts.
- Funeral services . will be held Friday
morning from the Skewes chapel, Third
irfg
hundreds of business men making fre
quent trips between - Portland and
Seattle.
REED SAYS HOOVER IN
HIS WORK BROKE LAW
arm toan oonas ior uw rirst six i - . . , , -----
months is taken under the present r. land Clay streets, at 11 o clock, under the ,
rangement by a syndicate of bond IfusPea of the Lincoin-uarneia post,
houses, the other half being offered to
the public direct
Without, the bond houses, it admits,
the land banks' would be Inadequately
financed during the first six months, but
because it does not look with favor on
a permanent arrangement with houses,
recommends that the treasury' be al
lowed to enter the buying field.
Attempt to Incite
, Desertion Charged
Birmingham Private, Said to Be Ger
man, Awaits Court-martial! Several
Other Charges Are Filed.
Macon, Ga., Jan.j 3. (I. N. S.) Held
In one of the guardhouses at Camp
Wheeler, awaiting trial before a cuutk
martlal. Private George W. Hecker of
Birmingham, said to be a German, is
charged with' trying to incite desertion
' among members of his company, con-
dously Increased burden upon the fed- J sidered one of the most serious of vio-
to which he had belonged since coming
to Oregon in 1898. Burial will be in
Lone Fir cemetery.
Mrs. Susanne Hammer
w. s. s.
(Continued From Pace One.)
J
"It is costing the government nearly
one billion dollars a month to carry on
this war." said an official at War Sav-
! ings Headquarters today." and there is I
line, Hoover protested against going into
the wheat situation in this way.
Higher Prices Keeessary
Returning to sugar. Reed demanded
to know why beet sugar from the West
was kept from the Atlantic seaboard
district during the shortage there last
fall.
"We had to obtain a higher price for
lay. ana mere is i . . - T
Funeral services for Mrs. Susanne 'a phase of the war savings campaign i ,flc ACT nwl
ast Bignt or dv me a.w v
held this afternoon from i that ought not to be lost sight of by
the Wilson & Ross parlors at East Sen- ! business community, and it is this, that
enth and Multnomah streets under the if the 90 per cent of people who did not
auspices of Mount Hood Circle, Neigh
bors of Woodcraft Interment was in
Rose City cemetery. Mrs. Hammer was
48 years old, and had lived 35 years in
Oregoh. She was born in Lureburg,
Frawfe. Mrs. Hammer died Tuesday,
January 1, at her home, 691 Oregon
(buy Liberty bonds will convert their sav
ings Into war savings stamps, the re-
tmalnlng 10 per cent will not be caflled
upon so soon to subscribe anotner issue
of Liberty bonds.
"Official bulletins received from
Washington indicate that the next Lib-
Street She Is survived by the following 'rty loan will be postponed Just In pro-
children: ' Edward,, iena, Margaret, i'"'" "C ' r
Henry, Kafherina Ida and Fred Ham
mer.
eral reserve system. Not only has the
reduction in the ' amount of available
funds for farm loans increased the
demands upon the system, but It has
! multiplied the difficulties under which
i it operated, because the caaltal which
j the federal land banks lend to farmers
i Is procured by the sale of farm loan
f : bonds and the sale of these bonds has in Birmingham
; i L - .... . ' !
lations of military discipline.
Hecker was recently brought here
from Birmingham where he was ar
rested. Since that time" several charges
have been' lodged against him. One is
that he intended to form an expedition
Into Mexico and had tried to get money
from a woman of German sympathies
John Perkins
John Perkins, a native of Pennsyl
vania and a resident of Oregon for 40
years, died at his home. 1039 Division
OI 83
Savlnars stamDS and if the people of
Oregon would postpone the sudden fi
nancial strain of putting over a big
Liberty bond subscription, the practical
and simple way to do It is to put the
sale of War Savings stamps over. '
AU Hast Help
"Every one knows that one tenth of
the population subscribed the last Lib-
street. Wednesday, at the age
years. Mr. ferains is survivea Dy nix. erty loan while nine temns prooaDiy con
sons, one daughter and several grand- j sidered themselves unable to do so.
children. He was one of the pioneers with the Savings Stamp campaign on.
of Baker county and resided there until no person who can get together four
1910, when he moved to Portland. Fu-! dollars worth of two bit pieces In an en-
neral arrangements are in charge or
the F. S. Dunning company, 414 East
Alder street
Mrs. Caroline Gatchet
Mrs. Caroline Gatchet widow of John
January Clearance
At The Emporium Means That Former Prices Are Forgotten
Is the Price We Have Marked
-7
55 Suits
that Sold From $22.50 to $28.50
In fact, every suit in stock at the above prices
the majority were formerly $27.50. They're
made in tailored and belted styles of serges,
poplins, gabardines, in navy and colors. A
sale that is rarely equaled at $15.00.
tire year is relieved from the patriotic
duty of becoming a subscriber to the
government war chest
"I have seen nowhere a better state
ment of the people's duty to the govern
ment in the way of raising money to
finance the war than is set forth by
the investments and finance editor of
the Literary Digest for DeceraDer it.
wherein he says :
How to Finance War
" "It cannot be too often repeated that
whether obtained directly or Indirectly
tViA fiinH fnr thft w&r must be Drovided
by new savings. The country has plenty
or mere xacuiues ior making payment.
Industry is not halting for want of
means to make payments ; rather, it is
limited on all sides by scarcity of men
! and materials. To finance the war, the
! correct method is for individual citi-
sens to accumulate bank credit, and
i transfer this credit to the government,
the latter in turn transferring it in
payment of its purchases.
' 'Transfers are simple enough. The j few moments a
' Hair Coming Out
Means Dandruff
"Danderine" will save your
hair and double4 its
beauty at once.
lry this! Your hair gets
sort, wavy, abundant
and glossy at once.
save your hair ! Beautify It. It Is
only a mattef of using a little Danderine
occasionally to have a head of heavy,
Deautiiui hair ; soft, lustrous, wavy and
iree rrom aandruii. It is easy and in
expensive to have pretty, charming hair
ana lots of It Just spend a few cents
ior a small bottle of Knowlton's Dan
derlne now all drug stores recommend
it apply a little as directed and within
ten minutes there will be an appearance
of abundance ; freshness, fiuffiness and
an incomparable gloss and lustre, and
try as you will, you can not find a trace
of dandruff or falling hair ; but your
real surprise will be after about tw
weeks' use, when you will Bee new hair
fine and downy at first yes but
really new hair sprouting out all over
your scalp Danderine is, we believe, the
only sure hair grower, destroyer of
dandruff and cure for itchy scalp, and it
never rails to stop falling hair at once.
If you want to prove how pretty and
soft your hair really is, moisten a cloth
wun a ntue Danderine and carefully
uraw it. mrougn your hair taklnj one
small strand at a time. Your-hair will
ds sort, glossy and beautiful in lust
real -problem is how to get the indivi
dual citizens to understand that they
i must create by savings the means to
supply the government's needs. . Our !
people must themselves create the pur
chasing power, and transfer Jt to the
government. To do this they must ab
stain from using it themselves. There
is no other way.' "
delightful Surprise
awaits everyone who. tries this. Adv.
been some very flagrant violations." ,
Wholesalers, -who are 'under license,
have been told not to sell sugar to retail
ers who attempted to profiteer, he said.
In general, they have to he.
Wholesalers Less oa Sagar
But 1500 of 350,000 retailers, he said,
were under license.
The wholesaler. Hoover said, has been
limited to the pre-war margin of profit
which, in some caseev was a loss.- .
Wholesalers handled sugar at a loss
because they made it up on other
articles, said Hoover.
Senator Reed said that Babst had
optioned practically all of the Louisiana
sugar and charged that Hoover made
it possible tot Babst, exclusively, to
contract if of this sugar without other
refiners setting chance at it 'Vtr -
"Any advantage to the refiner to get
this sugar?" asked Reed. ."-
" "Well. it .enabled him to supply his
customers," said Hoover. I - 4 -"v
"That's a 'pretty big thing means a
whole lot to a going concern. rejoined
Reed. . . : .-i --''. -
Hoover denied that other refiners had
been shut out ot this sugar market. . v ,
By- cooling 'the parts with a water "
Jacket' Swedish electricians have 4 pre-'
fected a high amperage telephone trans-:
milter that can be used for long distance '
work and wireless telephony. : . :
NEWS,
MEN!
I
F YOU want a good $15
or $18 Suit or Overcoat
that will give you a dol
lar's worth of service for
every dollar you pay, see
my attractive exhibit.
Models and patterns
here to please men of every
age and size. I guarantee
your entire satisfaction
with everything you buy
in my store.
BEN
SELLING
Leading Clothier
Morrison at Fourth Street
i'
are ,4 'MM
Third
Floor
for
Overcoats
and
$15
and J18
Clothes,
Elevator
Service
A Clearance of Dresses
f at $18.50
Involving dresses that sold at $24.75 to $29.50, of fine qual
ity serges, satins and taffetas pretty styles for street or
afternoon wear. The season's favored styles in the best
colors and sizes ; well assorted ; exceptional dresses at $18.50.
A Special Clearance of
fi5 Coats at $
v Splendid coats regufar $17.50 to $21.50 coats
pienaia coats, regular ti7.5U to $21.50 coats,
of beaver cloths, Meltons and mixtures, stylish
belted models. Comfortable, warm coats ,foi
- the coming winter months. Very, special $14.65.
14
III
-V-v i
III I
?fw III
' r WWJM ss3V Jm I Is) t i i t
f IP
llarion Teachers to Ilclp
Salem, Or., Jan. 3. County school su-;
i perlntendents of the state, in session '
here aa an examining board, have adopt- ,
ed resolutions endorsing the W. S. S. 1
thrift campaign arid urging each local
Parent-Teacher association to devote
time of Its members, during the period
of the war, primarily In behalf of the
i thrift campaign, army Y. M. C. A. fund
j movement, food conservation campaign,
Boys' and Girls' Industrial club work
and Red Cross auxiliaries and junior
Red Cross organizations.
They recommend that in each county
i Parent-Teacher organizations form a
central organization and affiliate with ,
work being done by the Parent-Teacher
association "in assisting in bringing
about cooperation between several fac
tors that produce better me in our
schools.
I . -
! mi 1 i
in
TP TIWIUt t
ITALIANS CAPTURE
BIG, "NEST" OF GUNS
(Continued From Pats One.)
t Military men expressed the opinion
today that the increased raiding activi
ties is a preliminary to an offensive.
and that the Germans have two objects
tn view: First, to confuse the allies aa
to the exact point of attack ; second, to
find the weakest point on the allied bat-
tie line. !
Considerable enemy artillerylng east
(of Epehy during the night and repulse,
of raiders south and southwest of La
; Bassee was reported today by Field
Marshal Haig.
3 BIG BLOUSE BARGAINS.
$1.00
10 dozen pretty voile blouses
in tailored or lace trimmed
"Styles, large collars and the
season's prettiest styles. Ex
traordinary values.
$2.00
Dainty voile Wouses with large
frills and collars, plain em
broidered or tucked fronts
with trimmings of pretty laces.
rxguur to
$3.00
A limited quantity crpe de
chine blouses in pretty styles,
large flat collars,- plain or em
broidered fronts. Extra values
at 13.00.
$4.95 A ngora Sweaters, Clearance, price $3S5
British Make"Successfu) Raid
London. Jan. 3. (TJ. P.) "One of our
battalions carried out a difficult raid
at night across the Plave, taking prison-'
I ers and inflicting damage to the enemy,"
saia an omciu iiaiemeni loaay irora
the British forces on the Italian front.
This was the British raid reported '
in yesterday's Rome official statement '
the first time that British troops have
been reported in action in this war the- I
A Decisive Clearance of Millinery
V Choose any Fall and Winter Hat fr6m our first;
I tlfr r ! Tt J..-J '' . .11 ' r -
uuui u nan rnce. i nunareas or pretiy nats n fl
velvets, gold and silver metallic lace, for your se- II
1frtimi C!hrrK at - 11
124.128 JbdhJuJunofWadrL.,..
Price
d I'rfrf
Price
atre.
Aisne Front Is Active
Paris, Jan. 3.-r(U. P.) Violent artll- i
1rv1nsr a.lonr the Aisne front fit T.nnrtrk !
court and Courcy at Maisons de Cham-
UJ UU VII Wig . t,14h umilM. VL UIQ i
Meuse, was reported in today's official .
statement. German raids south of the !
Olse and . at Cornlllot were repulsed.
w a n i n . ,
icuivui duiuu .nospiiais
Rome, Jan. S. (U. P.) The Teuton
have begun their bombing of hospitals
on the Italian front. Today's official
statement reported on Tuesday night
enemy airmen directly attacked two
, hospitals at Castlefranco and - Tenets. ;
killing i patients oy ,aeriai bombs. -
French. Make Attacks '
Berlin, via London, Jan. S. (TJ.' P.'
French attacks in the Champagne
north of Prosnes and . north of 1m
Veanil - all broke down under ' Germui
! In tnav'a official' 'atatmnitnt aa.-
' serted. .
, . . .
' Famous Hymn Writer Dies
, ' Bennington, " Vt, Jan. 5.(I. N. S--V
. Mrs. Annie ' Sherwood . Hawks, famous
i . ..... . , . ..... .
i writer 01 nymns ana auuior ot i reea
BETWEEN
Parthnd aid fmd SemiOties
This reduction made necessary by flood conditions.
Until further notice, passenger trains for Tacoma, Seattle and all intermediate stations will
leave Portland, UNION STATION ONLY, as follows:
8:30 A. M., 12:30 P. ML, 4:15 P. M 10:30 P. M.
ARRIVALS AND DEPARTURES IN SEATTLE WILL BE AT THE KING-STREET STATION
These trains will consist of coaches, dining car and baggage car. NO OBSERVATION
OR PARLOR CARS.
The 10:30 P. M. Express train will carry four standard sleeping cars for Seattle and one
for Tacoma. No advance reservations will be made. Purchase sleeping car tickets at City
Ticket Offices or at Union Station. T
8:30 A. M train will make connections for Grays Harbor and Willapa Harbor cities, also for
Olympia and American Lake (damp Lewis).
4:15 P. M. train will make connection for Grays Harbor and Willapa Harbor and run via American
Lake. !
Leaving time from Seattle for Portland and intermediate points same as from Portland, 8:30 A. M.,
12:30 P. M., 4 :15 P. M. and 1030 P. M.
Tickets of any issue, whether Northern Pacific, Great Northern or Union Pacific (OAV. R. R. & N.)
will be honored on any of these trains.- '
For more detailed information inquire at the City Ticlfet Office of the Northern Pacific, 3d and
Morrison Streets; Union Pacific, 3d and Washington Streets, or Great Northern, 348 Washington Street.
A. D. Charlton
Asst. Gen. Pass. Agent
Northern Pacific Railway
Portland, Oregon
Wm. McMurray
'General Passenger Agent
Union Pacific System
Portland, Oregon '
f
M. J. Costello
Asst. Traffic Manager
Great Northern Railway .
Seattle, Wash.
1111 : ' ' . - . ' 'II
i .
Thee Ewnr1 Hour" died trwla-r -at ii-
i home here at the age of 83. - ; j