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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 27, 1921)
WEDNESDAY, JULY 27, 1981. THE OREGON DAILY JOURNAL, PORTLAND, OREGON HARDING RESORTS Tfl UfAD MCTunno iu nm munuuo Til Ain RIIQIMPQQ iu niu UUUIMLUU By David Uwnaee (Copyright. 1021. by The Jooraal) Washington, July 27. President Hard Ins has bad to intervene again in the af fairs of congress. The agricultural group, which once before threatened to upset the adminis tration program, has finally succeeded in forcing to the front its proposals to finance agriculture and the Harding ad ministration now has worked out a com promise plan, which is designed to sat isfy the agricultural element and cure a few other domestic troubles at the same time. It is the most significant step that has been taken to meet the ailments of business since the fourth of March. O. O. P. POLICY REVERSED The president is suggesting a broad policy which is in a sense a reversal of Republican policy of a year ago, but which has been made necessary by de velopments and circumstances. When the war ended the Republican congress put an end to the war finance corppratioD and the cry everywhere was to take the government out of the bank ing business. Economic distress developed a demand for the revival of the war finance cor poration. This was bitterly fought by Secretary Houston and the Wilson administration. but congress passed the measure over the presidential veto. It was argued that the government could do only an in cidental and would not engage in any financing private business on a large scale. But the revival of the war finance corporation hasn't proved suf ficient. SCOPE IS BROADENED The farmers are not satisfied. They realized that the corporation did help finance exports, but its powers were not adequate to finance the delivery on this side of the water the movement from farm to seaboard. So the Norris bill was proposed whereby a revolving fund would be used making available sums all the way from 1100,000,000 to S100.000, 000,000. Io looked like class legislation and seemed to set up a rival organization to the War Finance corporation. Sena tor Lodge expressed the. administration opposition in the open senate, but this didn't deter the agricultural group President Harding summoned Secre taries Hoover, Wallace and Mellon and Eugene Meyer, managing director of the War Finance corporation, sad they evolved a bill which would attempt to broaden the scope of the war finance commission so as to do all that the Norris bill intended. WAR METHODS EMPLOYED At the same time the administration. realizing that congress wasn t in a mood to pay out money to the rail roads, decided that it would be a good idea to couple the railroad finance prob lem with the farm aid proposition ana try to make an omnibus bill of it. In other words, the Harding adminis tration has. in effect, found it necessary to go back to war-time methods and build an institution which will be an auxiliary to the government's financial machinery and will devote itself exclu sively to emergency credit situations growing out of the readjustments on the farm and on the railroads and presum ably will help other classes of industry which need financing. The war finance corooration is re quired by law to extend credit, if pri vate capital is unable to finance legiu mate export companies, but the govern ment is obliged also to scrutinise the class of securities offered as credit and the nature of the contracts of the ex port concern. The president feels that it is desirable to have a single board look after all these Questions rather than to have it extended through differ ent government agencies. SITUATION MORE TAKGLED The agricultural element doesn t nxe the idea of financing the railroads through the new bill, which, on the one hand, supplants the Norris measure and on the other hand makes provision for oavments to the railroads. The farm era spokesmen would like to see the railroads reduce freight rates before be ing (riven any niore money. That is why the administration program will en counter much opposition in congress and the Democrats will probably assist the Republican insurgents in their fight to keep the farm credit plan from being tied up with the bin to assist the railroads. The administration will have its way eventually, but the significant thing thus far is that a broad plan for the financing of private enterprises has had to be pro posed by President Harding and his ad visors to meet the demands of the ag ricultural group and the needs of the railroads. All these steps are calculated to help business back to normal, though the requirements and desires of the dif ferent rlnsnrs of industry are making the road a rough one to travel. Every day the legislative situation gets more and more entangled with the problems of business, and the Harding administration now finds it necessary to add to the tariff and taxation another essential the financing of exports and domestic transportation. Policy on Medicinal Beer to Be Fixed in Twenty-four Hours Washington, July 17. (L N. R)r-Ln-ternal Revenue Commissioner Blair will confer with Secretary of the Treasury Mellon today relative to a definite de cision as to whether regulations for the sale of beer shall be issued and if so when they shall be issued, it was an nounced today. Commissioner Blair announced that within the next 24 hours he expects to be able to announce the final policy of the treasury on medicinal beer. Opinions Handed Down by Supreme Court in 4 Gases Salem, July 27. Opinions handed down by the supreme court Tuesday Included. Portland Pulley company vs. Herbert J. Breese et al. appellants; appeal from Multnomah county; action to recover money; opinion by Justice Harris, Judge George G. Bingham affirmed. Pacific Livestock company, appellant, vs. J. B. Balcomb et al. respondents ; ac tion to protect water rights; opinion ty justice jtsean. Judge uaiton Biggs versed and case remanded. re- Noll, appellant, vs. Carl in ; appeal from Crook county ; action for damages for liens t Via of affections ; opinion by Jus tice Johns. Jade T. E. J. Daffy af firmed. C. O. Palmberg. appellant, vs. City of Astoria ; appeal from Clatsop county ; suit to collect S14JM alleged to be due for excavation work not In original con tract ; opinion by Justice McBride. Case remanded to lower court with permis sion to plaintiff to amend his complaint. HOT LAKE ARRIVALS Hot Lake, July 27 Arrivals at Hot Lake sanatsVsasa Saaday were : Corinne Bue, Enterprise; Eleanor Williams. Baker; Mrs, Mary Hamilton. Endicott. Wash. ; A. L N Woman Who Bobs Houses Described As 25 Tears Old The young woman who robs bout a aaetatsU by bar two beam, was aaaa again Monday leaving the bouse of Dr. B. Vinson, fa CTwssanil avenue, which was robbed of la. A neighbor reported the girl with two saw t The girt was about 25 years oM. She wore a blue silk dress, a black bat and l black silk cape thrown over her a haras quantity at jewelry stole Tuesday night, the robbers act Scientific Method Of Bee Culture to Be Experts' Topic lumbla county honey bees will snoot Fri day hi the city park at St. Helena, at the as anal cisafi County ho4 of 1 n?-sT oass wfllW Jhj CaCoSambUcounty Is one ofEiTTergaet and3tbeNatat tolraS year win .aa by according to oftlciels of the tlon. Invitations nave beta ail parsons Interested to bat attend the conference. MARRIAGE Cbabslts. Was LICKS SB . July ST. A to M. J. Lo Aberdeen aad Stella D. Ohio. of of Fan- "Vf Jm I'll M"T- 1 1 1 I l-l I if N 1 1 asl B MM 'wrH I ATJiBsl sssb 99 9 J '- . n ph - :. " . i . . - . -, L . """"""" " J Jtsns ni snsasaassassb 5e Tf ' " " your aluminum ware will shine like new if you clean it with S.O.S. S.O.S. cleans and polishes aluminum as no other cleanser will do. No matter how dirty, greasy or badly burned it may be, S.O.S. will clean and pol ish it until it looks exactly as when it came from the store. Cleaning pots and pans will never be a pleasure but S.O.S. comes nearer to eliminating the disagreeable part than any other single thing. pf Only for Aluminum S.O.S. was originally in vented to clean aluminum but the thousands of women users pads Six handy durable in each Facka& found it equally efficient in every part of the kitchen. Agate ware, iron, tin, copper, nickel or brass are cleaned just as easily and thoroughly. S.O.S. is unlike any cleanser you have ever seen. It is not a liquid or a powder but is made of finely spun metal saturated with soaps and oils and pressed into convenient handy pads six to a package. It is ex tremely economical. Use it just as you would a cake of soap until it wears completely away. Satisfaction or ZMoney 'Back Try a package of S.O.S. today. If you are not satisfied with it your grocer win refund your money at once. After you have used one pad of S.O.S. you'll wonder how you ever got along without it. S.OA MANUFACTURING CO. SAN FRANCISCO, CAL. Lower Prices in 312 DEPAIHHENTTORES Fourth St., Just North of Washington Bigger Values Giving You More for Your Money! To Forward the Nation-Wide Effort to Stabilize Prices the 312 Stores of the J. C. PENNEY CO., Unite as One in a Tremendous Program that brings direct to every Patron the Best Values of the Leading Markets r at the Lowest Prices Quoted in Years WORK SHIRTS O. K. Chambray, full cut, best make Genuine Hickory stripe, no better Bif Yank Khaki Shirts, heavy twiH 69c 89c 89c BOYS' 2-PANT SUITS $6.90 Newest models in all colors. Good quality cassimeres. Extra knickers with each suit Sizes 7 to 17. ELK SCOUT SHOES Size Sizes Sizes 9 12V, 2 $1.79 to to to 12 ... 2 ... 6 ... $1.79 $1.98 $2.23 Solid leather shoes for hard service Brown Elk with chrome leather soles. BOYS' OVERALLS 5 to 10 11 to 17 79c 89c There is no better overall made than these. Heaviest 220 blue denim. 36-Inch PERCALES 15c New shipment of beautiful percales exceptionally neat patterns and good quality. Look at the price 15c yard. TOILET ARTICLES Creme Oil Soap, 2 for 15? Woodbury's Facial Soap 19o Pear's Unseen ted Soap 15 Palmolive Shave Cream 25e Colgate's Shaving Cream 25f Golgate's Handy Stick 25 Colgate's Stick Filler 19i Pepsodent Tooth Paste 39c Mentholatum 19c Petroleum Jelly 8 Hinds' Honey and Almond Cream 39c Mennen's Talcum Powder ....... 19 Peoeco Tooth Paste 35? Cuticura Soap 19 Cutex Nail Polish 19s Hilbert's Talcum Powder 10 Colgate's Barber Bar 7 Nyoil Machine Oil 25c Buttermilk Soap 5 Mennen's Shave Cream 39C Gem Razor Blades 39c Pyrene Cleanser (for clothes) .. 23 Mechanics' Soap Paste 12c Lux 10 Wool Soap, 4 for 25 Razor Blades, pkg. of 3 9 Crystal White Soap 5 Penney s White Soap, 6 for 25s Sunbright Cleanser 5c Gillette Razor Blades, doz 39 A Glance at What Follow. Will Tell You How Your Dollar Ha Increased in It Pur chasing Power at the J. C. Penney Co. Stores 89c OVERALLS 89C Union Made Men's Heavy 220 Weight Blue Denim Overalls. Carmen's heavy stifel stripe Denim Overalls Painters' excellent quality White Drill Overalls. All full cut, double-stitched, regulation pockets, per pair 89c MEN'S SOCKS Rockford Sox, gray and brown, JQs Engineer and Firemen's Sox, 1 black and brown, pair AsC Good Cotton Sox, in black, 1 A white and colon, nair lwV BOOTH'S HEMSTITCHED BLEACHED ABSORBENT TOWELS 18x36 23c JACKETS TO MATCH, each ... . .89c An excellent towel of heavy cotton with ceptional absorbent qualities. 7 I F Leadership is a Sacred Trust "Comparative Prices Must Go!" We never quote "comparative prices. The integrity of the spoken and written word of the J, C. PBNNB Y COMPANY is now as it always has been, a sacred trust. The plaui, straight-forward statement of our ability to buy in great quantities, quality merchandise at low prices is taken by mil' lions of people as on honestly stated fact worthjj of confidence. In this policy of not quoting "comparative prices" we have been leaders for years. Others now follow our leadership a num ber of the greater stores of the West and Middle -West recently announced in their newspaper advertising that "the use of comparative prices would hereafter be dis continued because it is misleading, exagger ated and destructive of public confidence." From the beginning, our policy has been a simple, sound Golden Rule policy and every person connected with the J. C. PBNNB Y COMPANY takes just pride in sus taining a leadership that is and always will be a sacred trust! 4 MEN'S UNION SUITS 89c Ribbed, mesh, balbrigfan and nainsook. Short sleeves, ankle length and athletic styles. Sizes 34 to 46. Wonderful values. HOPE MUSLIN 15c Every housewife knows Hope. Compare our every - day price with other so-called "specials.- . 32 INCH Amoskeag GINGHAM 19c Genuine Amoshssg Glnshama and Cham brars tn 11 Inch widths. Beauttfat plaids and stripes for Aprons and .Dresses. Note Our Price 10 yard. PORTLAND'S BEST SKIRT VALUES Heavy Crepe Mignonette Brooet Satin. A new arrival gives you these popular silk shirts at these extremely low prices. Just 30 skirts at $3.98 and 0 at $6.90. so come as early as convenient. Every color and many beautiful patterns are here skirts that will add prestige to any wardrobe all sizes. NOTIONS At Money-Saving Prices Coates' Sewing Thread, 150-yd.. . 5 Corticelli Sewing Silk, 100-yd.. . .12s Coates' Crochet Cotton 12 Silkine Crochet Cotton 10J Basting Thread 5 Coates' Darning Cotton, 3 for. . .10 Adjustable Skirt Belting 8 Good Pearl Buttons 5 Babys' Rubber Pants 23c Hairpin Cabinets 4? Twink Dye Soap 8 Mercerized Sewing Thread 5V Kid Hair Curlers 10 Bone Hairpins 8c Shirt Neckbands, all sizes. ...... 8 Steel Dress Pins, 2 for. J 5? Dnplex Safety Pins 6 Bias Tape Sc Rick Rack Braid 5c Strckeri Braid 5? Cap Hair Nets 8t Initial Powder Puffs 5 2-in-l Shoe Polish 10s Snap Fasteners, all sizes 4s Magnet Safety Pins 4s Men's Paris Garters 23c Child's Hickory Garters 19 Infants' Hickory Garters 8d Dr. Parker's Wabt Supporters 43 Bachelor Buttons 8 THE LARGEST CHAIN DEPARTMENT STORE ORGANIZATION IN THE WORLD,