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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 12, 1920)
THE OREGON : DAILY JOURNAL, .PORTLAND, THURSDAY, FEBRUARY 12, 1920. 5 :TH DECREASING, SAYS - CHIEF John Skelton Williams" Qeclares High Prices' and Low Produc tion Dangerous. ; Washington. Feb. T.1. N. S) Increasing prices in products pro duced and conuumed by the Ameri can people, with a decrease in. the output of esenttal and f basic com modities, muxt be checked if normal conditions are to be restored, said John Skelton Williams, comptroller of the currency, in his annual re port today to congress. "We are facing different problems," 'he said. "The havdecllne In the pro duction of coal, wWch iru more than f-HO.000,000 tons last year, with shrink age's in the nrntitirflnn ct nthar nmmrri. Jties, put us In the position with inflated prices of trying to lift ourselves by the bootstraps. APPEABASCES DECEPTIVE "By producing- lesa and charging our people two or three tmes the normal price for the lessened product, we may appear to be growing richer. The fig ures tell us that our wealth is actually deceasing, and that the Inflated prices wnirn we give to producer and manu facturer do not constitute actual In creasing wealth." Taking up the pituation in Europe, Mr. Williams expressed an optimistic opinion on Its ability to pay. "The people of the confederate states,, after an unsuccessful war. got not one penny for ther great holdings of con federate bonds and currency, yet those states recovered in a few years,", he said. " The Impossibility of demanding gold -coin from Kurope will be realized when we remember that all of the gold coin snd bullion in the world, aside from the 3.5OO,OOO,O0O we hold In the . United States, is estimated at scarcely $6,000, iflO.OOO. We as a. neonle must th xagaeity and foresight of the business man who protects and helps the embar rassed creditor having good prospects for restoration and future success' 1NSAXE RAPACITY OF. PISHED lie urged the end of "extravagance. Indulgence, luxury and display," in this country. He told the bankers of the country that they have not yet put a "limit on the crazy rapacity developed' hy some of our leading industries, and among men wh'o should know better." He expressed the hope that a general leveling of economic factors would take place, with the country bending every effort to Increase the production of com modities and products that "constitute the real and basic wealth of any nation." Political Crisis Is " Confronting Liberal Party in Scotland Paisley, Scotland, Feb. P-) The effort of the British liberal party to .gjJLge a "comeback" , wag 5 Jn 't1 hands of Scottish voters '4sday. Upon the success or failure of Herbert Henry Asqulth, - former premier a&d uttand-4 ing leader of the Liberals, political observers said, depends much of ; the future strength of Iho.rparty. '. Asqulth is candidate for the seetabf Paisley district in the house of" com mons in today's bye-election, brought about by the detfthof Sir J. M. Mc Callum, Independent-Liberal, who was elected in December, His elec tion wilt give the Liberals .a sorely needed "strong man" in parliament. The former premier's opponents are J, M. Biggar. Laborlte. and J. A. D. McKean, official Coalition Unionist. In the; last election Biggar was defeated by a narrow margin. lie la conceded to be the stronger of Asquith's oppo nents, v President Wilson Will Order Future Cabinet Meetings Washington, Feb. 12. (L,N. S.) President Wilson's cabinet has been informed that ther Will be no fur ther meetings until ordered by the president. Secretary of State Lan sing today stated that he had sent letters to all members of the cabinet transmitting these instructions. Secretary Lansing refused to comment on the reason for the action and de clared it was a White House matter. rNo comment was forthcoming from the White House, but it is understood that the president desires to preside over cabinet meetings in' the future and that no further meetings will be held until he Is able to preside. I I i f ! f I i I i World's Greatest Dirigible Is Urged s - a e W t or American JNavv Washington,. .Feb. 12. Plans of the navy ' department for the construction of . the largest super dirigible in the world were presented to the house naval affairs '. committee by - Captain C. Craven, director of naval . aviation: He asked for an appropriation of 12,700,000 for this purpose. The specifications of the proposed aerial dreadnaught, the committee was told, -oall for a length of 994 feet. The new vessel will require a least a year to build. A cane which can be taken apart and converted into a stool is a French invention. Buy Your Talking Machine From TheWileyB.AllenCo. i Victrola a Brunswick or a Columbia on Valentine s Day Our Special Combination Offers (In-: eluding: $10 Worth of Records of Your Own Choice) Priced from $35 to $435 With the many styles of the leading makes dis-, played on pur floors, side by side, for your,con .venient comparison, it simply remains for' you to call and select the instrument best adapted tojqur home and pocketbook. Pay onfyja small payment down, and the balance in twelve monthly payments. Simply sigh and mail this Ad for full information. Name . . y. . Address No matter where you live we will delive it with all charges paid. MORRISON. STJ AT BROADWAY PLAYERS t Allien Yft-l22Kl 1 TO""' rsAneisc. oakmmd, ntcsNo. mh i 1 - sHri, LOS ANSIUS i o o I i SEE OUR ECONOMY BASEMENT AD ON PACE 4 7 Order Your Candies Now . Saturday Is St. Valentine Day A Box of Cur Delicious EFFERMAYS, TRUFFtESwMOCHA STRAWS or FILLED CHOCOLATES would be most 'appreciated! dainty "VALENTINE." . x l Swe4 Booth, Street Floor. 0 YD Mercn andisc of J Merit Onl Clever Valentines of sentiment and humor 5cto25c V - Street Floor, Lip man, Wolf & Co. rW IE i Greatest One - Price Hosiery Event of the Year V Mi m i s- r-. - . .... . .. ..... .... J u aucr inrongs ot women nave maae great inroads in the enormous supply of these splendid hose. Put there were 12,000 pairs to start -' with, so there are plenty left for you to supply your present and future needs and indeed you should at this price. They are splendid Quality lisle hose with hemmed rarter tors. reinforced toes and heels. Also the popular drop-stitch effects. BLACK, BROWN, GRA Y, BLUE and WHITE in the plain and drop gtiteh. ALSO WHITE STOCKINGS WITH COLORED STITCHINGS IN SHADES OF BLACK, BROWN, BLUE, GREEN and HELIOTROPE Colored stitchery promises to enjoy much vogue this season the stitchery to match summer frocks. Dealers will not le supplied. All sales restricted. Buy These Hote by the Half Dozen, at $4.25 Street Floor, Lipman, Wolfe St. Co. . 1 Corsets and Corsetiere Service First, the selection of the best model and then the correct fit ting of that model to the indi vidual figure. That is our conception of' True Corset Service- It js what you are assured of hen you buy a corset here. We carry a number of the BEST MAKES of corsets and em ploy saleswomen who are, first of all. EXPERT FITTERS. This week we have a La Vida Model Special at $5 Fourth Floor, Lipman, Wolfe & Co. Sale 6000 Fairs of Men's Sox Six thousand of them, men 6000 of the best values you'll be likely to see for many a moon. Tor they were specially purchased and even more specially priced -jn fact, the sale prices are lower than their cost price would be to us today. BUY LIBERALLY'. Medium weight cotton sox, very durable. Black, gray, navy, cordovan. First quality all sizes. Seconds of pure silk hose, high spliced -lisle heels and toes and lisle., tbpj. Black, gray and cor-, dovan. Also some "fancies." Seconds of pure tSiread and silk finish sox which sell regularly for several times as much. Lisle tops and feet. S9 Pair $1.40 Pairs $2.25 6 Pairs $3.25 Men's Shop, juat inside Washington St. entrance. SPECIAL! Women's Underwear Lisle Vmst 65. Women'i fine ribbed lisle vests, low neck, sleeveless, fin ished with tailored band top. Siies 36 to 44. Silk Top Union Suits $2.50 Women's low neck, sleeveless knee length union suits In pink, reinforced at crotch and under arm. Floor, Lipman, Wolfe ft Co. Tumblers, Set of Six ,Thin blown tumblers in cut star design and four popular etched patterns. 75. The Blouse Sale $5 STILL 'attractive assortments left in fact, you .-will; find a wonderful se lection in these beautiful blouses, which have been so radically reduced. Georgettes ' Crepes de Chine Washable Satins . In Shades of White, Flesh, Navy, Gray, Teach and Bisque Embroidery, laces, tufks. pleating and hemstitchery are used by way of garniture. A variety of neck effects. Third Floor, Lipman, Wolfe & Co. r New Spring Checks 56-Inch the Yard $350 BLACK and white spring checks for suits and skirts: Beautiful quality goods of fine heavy weight, designed not alone for smart ness, but for long and satisfactory service. Checks are exceptionally good for spring and We Have a Mast Complete Line! Second Floor, Lipman, Wolfe & Co. The NE W Top Coats! For Ipimediate Wear Just what smart women are seeking moderately priced at $37.50, $45, $62.50 to $115 Polo Cloth, Homespun and Camelshair fashion these dashingly smart tai lored coats, the very breath of spring emanating frim their trig lines and their fresh, new shades. Tan, Nile, Rose, Pekin, Gray and Reindeer 36. 40 and 4S Inches are the decreed lengths for spring coats. Narrowly belted with trim patent leather belts or belts of the fabric novelty pockets and rows and rows' of stitchery are employed to give Smartening Touches Lined throughoot or semi-lined are they. In short, they are Just the models to attract discriminating women by their smartness quite as much as hy the fact that they provide neces sary protection from, chill spring ntnds, and will be found to be an in dispensable part of one's summer wardrobe. A MOST INTERESTING DISPLAY ! Third Floor, Mpman, Wolfe A Co. White Wash Satin 36 Inches Wide the Yard $2 Splendid Quality Limited Quantity That should be your cue to COME EARLY and BUY HEAVILYI This splendid washable satin at so low a figure needs no eulogy as every woman knows its superiority for daintily exquisite underwear. cond Floor, Lipman, Wolfe & Co. New Tailored Hats Priced from $4.50 to $8.50 Extremely smart and jaunty are the new tailleur styles in hats. Of Lisere. Patent-Milan and Pineapple straws in a number of becoming shapes - Tricornes, pokeeffects, double brims and regulation .sailors. Black, navy, brown, purple, sand and pekin. Wonderfully Good Looking! Third Floor, Lipman, Wolfe St Co. Your Luggage Will Last if it be of the Mendel Drucker or Miller-Closman variety posi tively made to withstand the ravages of "baggage wreckers." Mendel Dustproof Wardrobe Trunks and Miller-Closman Bags Are Sold Here Exclusively. -Fifth Floor, Lipman, Wolfe & Co. Honey Comb Bed Spreads $3.85 Full size! heavy weight, hemmed honey comb spreads of perfect quality. Assorted patterns. 3.8 5 js about present replacement cost! 80x90 inches. Second Floor. 1200 Bath Towels 50c Kn extraordinary sale of liberal sized towels of fine two-ply yarn, assuring long wear. Per fect quality, pure white bleached. Plain or col ored bordered. Second Floor. , 1200 Huck Towels 30c L. Extra .special red bordered huck towels, 18x36 inches. Excellent for hotel, rooming hoo.se l ot everyday home use, Hemmed ends. Extra special by the dozen, 13.25. , 81x108 Wearwell Sheet $2.25 I l L A limited number of these excellent quality sheets to cell at this low price, which is below replacement price. Pull bleached. Neatly hemmed. Limit 6 to a buyer. Friday only at this price. Second Floor. Sale of Toilet Preparations and Household Qrugs Prepared in the Lipman, Wolfe Laboratories, prices hold for Friday and Saturday only. These special These Special Prices for Three, Days Only Many Women 'Are Taking Advantage of Our Splendid Offer of Wilson1 Rotary Hectfic ' Sewing Machines Upon Payment of $1 Down an the arrangement of equally convenient tdrms. v THE WILSON has a time-tested motor is light, comparand easily carriedabout - Ready to LUe at the Turn of a,Light Switch So Simple to operate in fact, ttre WILSON does ALL THE' WORK the sewer merely guiding the work under the needle. Can you imagine a sim pler and more fascinating way of reducing the pile of spring sewing? Seventh Floor, Lipman, Wolfe & Co. Glycerine and Roe Water,, 6 oz. 18c Epa'om Salt, Hi Ibt 11c Caator Oil, 8 ox 37c Moth Bella, 10 os .19c Dobeira Solution. 16 om. ...... 19c Rochelle Salt, U-lb . . 22c -Boric Acid, 8 ot 16c -Sulphur Powder, 8 os. ....... .9c Upjohn Hospital Special Thermom eter $1.20 Red Rubber Tubing, 5-ft. length. 19c Napthaline Flakee, 10 oa 19c Pure Olive Oil, 6 os 38c Eucalyptus Ofl, 2 os. . . . ? . Camphorated Oil, 3 os Solutiom Boric Acid, 12 os. , Rose Water,. 6 os. '.23c 39c 17c 17c Boys' Wash Suits Special Sale Price $1.59 A group, of sample suits from one of the fore most manufacturers in America; also broken lines and sizes from our regular stocks of high grade suits all included at this exceptionally low price. --Clever Oliver, Billy. Boy, Junior, Norfolk and modified Russian styles. All new colorings plain shades, stripes, checks and attractive combina tions. Fifth Floor, Lipman, Wolfe & Co. -"-Flaxseed, ground or whole, 1 lb. 19c i Paraffin Oil, 16 oa 38c 1 Caaaara Aromatic, 2 ex. 21 C - i Alum, powdered or lump, 1 lb. 27c -French Chalk, 12 os 16c Ceecara Bark, 8 os -21c Tyrean Invincible Fountain Syringe, peckd $1.19 1 lb. Hospital Cotton, special . . 53c Loofah Bath Sponge 10c Combination Offer Very Special! Velvet Furniture Polish CCC Washing- Compound Triple Strength Household Ammonia CCC Cleaning. Compound $1.20 for the) Four Myreal Hair Remedy We Guarantee It This coupon vith one dollar en titles holder to one bottle of Myreal .Hair Remedy. You save 1,3. (Cou pon void after Feb. l. 1920.) Drug Department, Street Floor, Lipman, Wolf Sc. Co. 5 -Piece Aluminum Combination Cooking Set Consisting of one S-qt. kettle, one 3-qt. double boiler inset, one 3-qt. stnmer inset, one cover and one cake pan "tube. Made of extra heavy aluminum may be used for any number of culi nary purposes. . . Household Efficiency Section, Eighth Floor. THIS STORE USES NO COMPARATIVE PRICESTHEY ARE MISLEADING AND OFTEN UNTRUE 1 9 u s I X. f o o ! ! i i f-4 '"' it