THE OREGON DAILY JOURNAL PORTLAND, OREGON. THURSDAY. NOVEMBER 2$, 1820.- IV I f : :,-V PRESENT LEAGUE 10 BE DROPPED 111 HARDING POLICY By Robert t, Bender : j CnlUd Kw( Staff Correspondent. 'Washington, Nov. 26. president elect Harding' choice of secretary of state will be a man wh( favorf an Immediate peace basis with Ger many, complete abandonment of the League of Nations covenant as it . Is now drafted and a new approach to the world , powers with The Hague tribunal idea as the foundation of n international means for preserv ing peace. ,r-;...-; '.; . This U the definite understanding of foremost Republican "leaders following the departure of 1 Harry Daugherty, the "Colonel House of the Harding admin . Iteration," who has been here in con ference with Republican senators , for several days. . . . .. . . (: BELIEVE LBAGri! I-OIT Daughterly for the moment is in New York and Harding is in Panama. Be tween their respective points of tem porary habitat there Is going forth much conjecture as to cabit-ct possibilities and the new administration's probable, foreign policy. Outside of these two men. however, no one can speak with any authority on what may. be In Harding's mind. And with absolutely nothing com ing from Harding on the subject. Daugh erty left the Impression here that out Side of the secretary of stateshlp, Hard ing had given absolutely no thought to bis caUneL V - - There. can-be so doubt that leading Republicans ' here - .regard the Wilson League of Nations as destined for deft nlte and complete abandonment by the Harding administration. Aa one leader put It. The present covenant will not be recognizable in the International trib unal plan wp will adopt.' MW FEACB BESOLOTIOH- - And in this connection It was signifi cant that Senator . Knox Wednesday broke silence for the first time since the election and declared his Intention .to-re. introduce his original peace resolution in the senate upon reconvening congress; His plan, to which Harding adhered consistently throughout the campaign, would effect peace with Germany at once and . would ' then provide for the virtual rewriting of - international law, such law o he enforced by an Interna tional court, all powers to agree to ar bitration, and the United Slates to agree to enter a world conflict when, and If, civilisation is again threatened, m - It is regarded as axiomatic that Knox would not have 3 mad this announce ment Wednesday unless he were sure of his ground. ; .- - ?.;;..'.-. Knox ob hill :,J:- : ,;V. While Knox believes that peace with Oermaay should be formally declared as soon as possible, he will not press his resolution at the short session of con gress unless sufficient Democratic votes are assured '; In advance to override a veto- of the i resolution which, certainly would follow at the oresldent's hand. .While Senator Knox declined to com, ment Upon reports that he will be made secretary of state in the Harding- cab inet, there appears little doubt that he will at least be tendered the post It is understood that his acceptance will de pend 'largely upon the health of the senior senator from Pennsylvania.' Boise Penrose, and the adjustment of certain political obstacles which . now exist In Fennsylranla. Should it develop that It would not be advisable for Knox to leave the senate and accept the premier portfolio, David Jayne Hill, former ambassador to Ger many and a diplomat of wide experience, appears to be leading second choice. Hill holds a view on the foreign policies which squares with that of Knox. ,., ESCAPED JOB KT5TEES Beyond this post and the known fact that Harry Daugherty has been asked to be in the cabinet, a position he has Indicated -he dl4 not personally wish unless Harding insisted, the whole cab inet situation is much today aa it has been -from the beginning. - r Developments at the Chicago conven tion were such as to naturally throw certahr Individuals 'Into line for port folios, among those berhr- Governor Lowden of Illinois. Tobe Hert of Ken tucky, Senator Weeks of Massachusetts, and Will Kays.-. But it may be stated on the highest authority that Senator Harding has not reached, final conclusions onlany of the posts to be doled out later by him and that one of the reasons he wept away so quickly and so far after the election was to put tune and distance between himself and certain political obligations which might be expected to Influence him as a result of developments both In the Chicago convention and during the campaign. ; HOOTEE LEFT OUT There only one forecast that might be made at this 'time with great confi dence, nd that is that Herbert Hoover will pot be a member of the cabinet Hoover,lt seems increasingly evident, is not blessed with a high rating in influ ential Republican circles. For two ! reasons Senator Johnson's voice wlU.be listened to more attentive ly by the new administration than In the past' In the first place his position on the league Is to be followed more closely than that of the so-called pro league element In the second place the Republican organization apparently has decided that it will not give Johnson cause again to jump the traces and get out of the party harness. Myron T. Herrick Is said to be under consideration fer the post at the court of St James, while Frank Muneey, pub lisher of the New York Sun and a num ber of other newspapers, has been men tioned as a possibility for Paris. George Harvey, former Democrat, but active in the Republican organisation during the last-campaign. Is reported to be in line tor some dlplomatio post -,. . .. Lever ActUplield inf :Coal Profiteering l Caserin Misso ur i . Kansas City, Mo., Nov. "2sl (L 7f. S.) The Lever act was Upheld as consti tutional hero Wednesday in it decision rendered by Judge- Vanv Valkenburgti -m the federal flhrtflct court He decided that 18 Kansas ' City 'coal .companies, under Investigation for alleged coal profiteer ing, must produce their books for review by federal authorities. j Proposed Increase In Rates Postponed Washington Nov. ' 25. (U. P.) The Interstate Commerce 'commission ' has postponed until March 25 : proposed In creases in carload freight j rates from South Tacoma, Wash., to stations on the Great Northern railway in Washington, Idaho, 'Montana, North Dakota. South Dakota. Iowa, Minnesota and Wisconsin. ig raw- j3 'rm 1 J This trademark means happiness in a million homes Victrol IV $25 Oik ; Victrola IX $75 Mahogany or Oak ( ti l 6 Behind the Victor trademark stands the-largest industry of its kind in the world. The Victor Talking Machine Co. has brought the 'magic of music your kind of music into a million homes. You ran hear practically all ' music through a Victrola. Its artists are legioji. But be sure the instrument isr a Victrola. Make sure by going to the dealer who specializes in Victor products. He is best equipped to serve you. He will be glad to arrange con venient payment terms.. , il - -; i Victrola XVI $275 Mahogany 4t Oak' Victrdlas $25 to $1500 Victrola XI $150 Mahogany, Walnut or Oak Look for the word "Victrola under the lid. Tl i Victrola XVII ' ' $350! Mahogany or Oak ctro a u This it one of a series of advertise ment ly Sherman, Clay & Co., Whole sale, in the 'interests of the dealers l who believe and ' specialize in the VICTORyproduct. t SHERMAN, CLAY & CO.' . Distributer of Vfcrr. mat Victor ffrcW ! . " 45 Fourth Street. Portland I Now, : o? a year frorii; now---which? We say "NOW!" Therefore, beginning this morxung everything in the store including 7;( - ' AM iieffis -ft' V if, d Jr MmisJhiinigs. . i .-' - Shirts. Underwear. Hats. Neckwear, Gloves, Hose and Everything Goes "Back to v . , NORMAL At One Plunge" in line with our Golden Rule Policy of "Looking out for the other fellow" and just in time for your Thanksgiving needs. Up to today our "Back to Normal Policy Overnight,,r instead of wiggling and wobbling slowly downward over a long period of "sales" and "resales' applied only to Men's and Women's Clothing. . So successful has been the new policy, so generally has it been appreciated and so extraordinary has been the response, that we again qualify for approval in the effort to quickly restore the normal buying power of the dollar by applying the same policy to every item in the men's furnishing department. Any such possibility ms this- thm kU ef laeludins; men's farnlshinge-was farthest from our thoughts when we insufimted in this eectleei the "bsxk-to-normsJ-OTernight" policy on - men's fine) clothing, because nothmg has heppenW tm the way of lower costs on men's fvrnishmgs to ' justify our action; but we fully realls that prices on everything MUST come down. "The Sys tem" knows h, too, but they ge about it threngh a system of Msales" and "resales" -stretching the period of Revisioii Downward ever months end months, whQe we go the limit now in antici pating the lowest possible price level e ) year from1 today and immediately revise down to it OVERNIGHT. . j p - ' . It presents unprecedented and also opportunity unexpected by men ftff proceeding as usual NOW with their buying of EVERYTHING IN WEARING APPAREL AND FURNISHINGS, as well "as fine Chesterfield clothing. Example of what this Golden Rule Policy meant to you: f , ' MEN'S HOSE 75c Hote, 60e (All others in proportion) MEN'S BELTS $1 Belts, 75c (All others in proportion) MEN'S TIES x $1.50 Ties, $1 ( All others in proportion ) ' MEN'S GLOVES $4 Gloves, $3.25 (All others in proportion) MEN'S GARTERS . 50c Garters, 35c . MEN'S UNDERWEAR $6 Underwear,. $4.45 (All others in proportion) MEN'S MUFFLERS 4 $7.50 Mufflers, $6 . (AH others in proportion) MEN'S PAJAMAS $5 Pajamas, $3.75 (All others in proportion) MEN'S NIGHT SHIRTS $3.50 Night Shirts, $2.75 (All others in proportion) MEN'S AUTO GLOVES $4 Auto Gloves, $2.75 (All others in proportion). MEN'S SHIRTS $4,50, $5 and $6 Shirts, $3.85 (All others in proportion) Our efforts ere supported end encouraged by all men in this sec tion who are anxious to get quicldy oref the Readjustment Period and put business and economic condi tions again upon a stable and per manent basis. . f . By "The System's" method of wiggling and wobbling slowly downward by "sales and resales" the Unsettled and confused business conditions will be stretched out over another year. .No "Buyer's Risk" here. Note this Guarantee: OUR GUARANTEE AND YOUR PROTECTION Buy ft will be fully protected against any possibility .of further decline until April 1, 1921, by our Guarantee of Refund in such case, that goes with every purchase. SUlt CASES AND BAGS $37.50 All-Leather Goods, $28.50 (All others in proportion) MEN'S BATH ROBES AND DRESSING GOWNS $20 Garments $15 (All others in proportion) MEN'S DRESS, VESTS $8.50 Jersey Vests, $6.75 V (All others in proportion) MEN'S HATS $13 Stetson and Borsalinos, $10 (All others in proportion) As a symbol of this guarantee, we have adopted "Keeping the Faith by the Golden Rule," as illustrated above, and emblematic of our established policy of. "Looking Out for the Other Fellow." 366 Washington at West Park Owners of Gasco Furnaces have special reasons for THANKSGIVING ' ARC ADI AN , GRILL . MULTNOMAH HOTEL A Restaurant Internationally Known for the Quality of the Pood and the Excellency of the Service, v yi The Famous Multnomah Orchestra , J I - Dancing erentngs (except Sunday) 6 te 8, 9 te 12 i ' Concert Sunday evesmge to S" ;- T " ". The Ladd Thrift Plin Is the final attraction to the most desirable of home sites in . - - EASTHORELAHD Let us explain the Ladd Thrift , Plan tiffyou in de tail. Very ff Ifkeiy you'll . wish it to play a part in your Christmas surprises. m mm m mi ffz ' - V 'jT -- Pif g " LADD ESTATE COMPANY Owners 246 Stark St. Li, l - We Invite You to Eat Your THANKSGIVING DINNER AT THE SEWARD HOTEL ' The House of Cheer ;v 51.25 . W. C. CULBERTSON, frop. 4 U '