5
r :
The National Capital
Farmers Aid Measures Suggested Months Ago! By 1 W. G.
, McAdoo -Plan to Repeal Excess Profit Tax Is Offered
Platform Pledge for Tolls Repeal Sidetracked.'
McAdooY Suggestions ,
Closely Followed '
WASHINGTON, Aug. .20. - (WASH
. INGTON BUREAU OP THE JOUR-NAlk)-T-At
i a 4 time when congress Is
largely engrossed with . the question or
larger 'aid' for the agricultural interests
of the country,"" it is interesting to re
tall .that 'While congress' and the presi
dent . have only -recently , been , stirred
to action,5 the . importance and urgency
of adopting unusual measures to relieve
agricultural i distress was pointed out
more than seven months apro by William
O. WeAdoo, former , secretary of the
treasury. ' . " . .. ' ". , '
, In an open letter published on : De
cember. 2i 1920. Mr. McAdoo said that
"the farm- industry la basic to the life
Of the i nation and .possesses, a, superior
claim "to consideration"; he declared
that "deflation has been carried so far
and with such rapidity ' that we must
reconsider the situation.', and he urged
that " more liberal policy about credit
should be put into effect immediately."
In thap letter Mr. McAdoo proceeded
to ; outline ; the ' remedies he believed
enouia ' be. supplied. -Those' who may
have supposed that steps already j"aken
and. under way. by the Harding admin
iHtration have been -newly-wrought
since -Mr, Harding came to office may
-Tveil be surprised to find that Mr.'Mc-
:Adoo outlined them last December.
' I .think that the revival of the war
finance corporation I highly desirable,'
he said "I believe that it'ean exercise
an immensely beneficial influence upon
the export trade if it is operated on a
sound and liberal scale."
That, has been done, and the war fi
nance corporation the other ... day re
ported , that it . has approved, or has
under negotiation, advances amounting
to more than $63,000,000, and that 93
per cent represents id extended to ag
ricultural exports. In the same letter
Mr. McAdoo said:
I think that the reserve bank rates
. could be prudently reduced, and that
the member banks could be safely . en
couraged to make loans on agricultural
products and to business generally on
reas6nable time to those who can. give
adequate security, and that the 'whole
situation would be beneficially affected
by this procedure.
There has been a reduction In' reserve
' bank rates, and reports from trading
centers show that the situation has been
"beneficially affected.'.' The . complaint
has been that it was not done soon
enough and that a sufficiently liberal
policy was not pursued with regard to
agriculture.
Speaking about the problem of - the
farmer, Mr. McAdoo pointed out. that
the farmer should have credit to carry
his crop for a reasonable time, that he
needs ample transportation facilities
and more sufficient storage, and that
this interest in the farmer "is in the
highest degree to the interest of the
people as a whole, so that speculation
and greed may not thrive, on his mis
fortune, and that the consumer may not
v suffer from the extortion of profiteers."
Mr. McAdoo also stated his conviction
that the only way to effectively reduce.
the tax bill is to cut down army and
navy appropriations, and he indorsed
Senator Borah's proposal for a disarm
ment conference as "a practical step
-Jn the right direction." 4 ivVvt
f These things are also under wayiVThe
administration seems to1 "be following
losely, though somewhat slowly atvd'in
some cases reluctantly, the pathway In
dicated over seven months ago'by .the
former secretary of the treasury. .
and that monr- is being withdrawn fori
Investment In tax free securities.
Representative Mondell, the Repub-.
lican leader in the house; has advanced
the idea tnat enough can be saved
from appropriations next year to do
away with the excess profits tax, with
out requiring a substitute. Estimates
of the secretary of the treasury are- re
garded by others as having been drawn
with conservatism, and expenses are not
likely to be cut much below the figures
he has presented.,"; '---. v;: - ;v ,..L . ....
Interest on the public debt of the
United States for this fiscal year will
oe 7a,ow,w. according to Secretary
Mellon. That' accounts ifor almost- one
fourth of the estimated ordinary ex
penditures for the yeajr. S4.002.657.95Z.
which are aside ' from 1S51.3S4.SC5 re
quired for the sinking fund and other
retirements. ""...--.', . .
Adding this huge sum 'paid in Interest
to the S28S.0O0.0OO required by the war
nsK oureau. wnicn ha, been renamed
the veterans, bureau, 1545,206,000 for
the railroads and $200,000,000 for the
shipping board, brings a grand total of
JZ,006.206,000, more thsqhalf the total
ordinary expenses. These are all direct
consequences of the wari The shipping
board is a peace time concern, but its
present state as a $200,000,000 liability
for the year is a direct result of the
wr. -
A " review of other expenses Included
In Secretary Mellon's list f shows that
few of them are reducible, and some are
likely to be increased. His estimate of
deficit from" postal operations -during
the year is less than usually given. He
has - Included nothing for good roads,
for which $100,000,000 is proposed and
urged by. many leaders in congress.
There are other omissions of probable
expenditures which make it likely that
the Mellon figures cannot be much res
duced, and that something will have to
be put In . the place of the half billion
dollars or thereabouts lost by repeal of
the excess profits tax. : t
Panama Tolls
Exemption Rests
TVTASHINGTON. Atie. 20. (WASH-
VY INGTON BUREAU OF THE JOUR-
NAlt) The Republican platform pledge
of exemption of all American vessels
from payment of .tolls! through the
Panama canal, reduced to half a loaf
by the Benate committee -when, it re
ported Senator Borah's bill, has been
brought to a - standstill, i more or less
Indefinite. j
It is reported that the! president de
sires no action upon the measure, at
present, desiring that it shall wait at
least until after the disarmament con
ference. This is supposed to be on the
tneory tnat its passage may involve a
diplomatic controversy j with '4Great
Britain. -
The Republican platform of last year
said : ,
we recommend that all ships en
gaged in coastwise, trade and afl vessels
of the American merchant marine shall
pass through the Panama canal with
out payment of tolls."
The Borah bill, which has been rest
ing on the calendar since it was re
ported" Beveral weeks ago, . carries . out
only part of the plank. It provides for
exemption from tolls of the coastwise
trade' only. This form was preferred.
it was explained, because less likely to
provoke r serious ; controversy than - if
broadened to square with 'the platform.
The whole subject is now to be laid'
on the shelf;- it appears, xiS response to
the White House .suggestion -that it Is
deemed unwise to proceed; at this time.
Excess Profits
Tax in Dispute ; ; "j
WASHINGTON. Aug. 20. (WASH
INGTON BUREAU OF THE JOUR
NAIj.) The national board of farm or
ganizations, which represents the lead
ing farm organizations in Washington,
Is exerting- its influence ' against . repeal
of the excess profits tax, on the ground
that, no satisfactory substitute for it
can be found. ,
- Charles A. Lyman, secretary-treasurer,
asserts that the ' Farmers - union,
the National grange, the Farm Bureau
- federation, the American' ', Society of
Equity, the National Milk Producers'
association and numerous .other organ
isations are back of the protest. They
are not impressed, he says, by the pro
posed Bh If ting .of this tax to automo
biles, letter postage, and other .devices
suggested by Secretary Mellon.
" The business organizations of j the
country, on the other hand, seem to be
almost a unit in favor of repealing the
excess profit taxes and the higher sur
tax rates on incomes, though not fully
agreed on what substitutes' should be
adopted. Leaders in congress generally
favor the repeal, largely on the ground
that profits taxes are rapidly shrinking
r
DR. HARRY SEMLER
Dentist, Says:
A Dentist Cannot
Personally Practice :
Dentistry in ..Two or
Three Towns at the I
Same Time
' . .. : ' ,.
He might hire substitutes, but substi
tutes are not like the original. In
my office I either do your work my
self or supervise it. I devote my
entire time to my practice here in
Portland ; have no other offices to
look after. - We do our work,
Without PabT
With Novocain ".
The quality of our work Is guaran-
ImmI fnr VMM inri lha fo , Hom
-you is reasonable. The low overhead
vi una iiue, modern oince.
doing a vast business, makes our
moderate fees possible.
HARRY SEMLER, Dentist
ALISKT . BLDC SECQ5D FLOOR
Third and Morrison
: "axis ;
OPEN ITKIKOS TOR TOUR
. , COS VE51ESCE ,
Personal Injury V
Claim Settled, ,
TTTASHINGTON, Aug. 10. (WASH
W INGTON BUREAU OF THE JOUR
NAL.) From the committee on claints,
Senator Stanfield has made a report on
a bill by Senator Calder involving pay
ment of damages to a boy run over by
an army ambulance in New York, the
accident resulting in loss of a foot.
The bill originally called for a lump
sum appropriation of $5000, the army
having rejected the claim on the ground
of absence of liability on the part of the
United States. The Stanfield report
takes the ground that the government
should pay a claim founded on justice,
as others committing Injury are re
quired, to do, but recommends that the
sum paid,, with certain! deductions,
should be paid to the boy's mother at
the rate of $25 a month' for 96 months
and required to be expended for a
"practical education." -
Supervision of the expenditure is
placed, in the hands of the veterans'
bureau, less $650 to pay for medfeal at
tendance, the mother's expenditures and
attorney fees. The method of .payment
proposed Is a departure in claim bills,
awT has been approved by Senator Cal
der, author of the bill, as a way to
secure greatest benefit for the bene
ficiary. -
Sinnott to Aid
of Land Holders
WASHINGTON, Aug. 20. (WASH
INGTON BUREAU OF THE JOUR
NAL.) Representative Sinnott has in
troduced, a bill for the .relief of those
who relinquished lands within national
forests in good faith as a basis for lieu
land selection, but failed to have their
lieu land selections recorded before
March 3, 1905, or whose selection,
though recorded, was finally rejected.
The bill authorises the general land of
fice to Issue a quit claim On such re
linquishments, or. If the original land
has been taken for some other use by
the government, to grant ia new lieu
selection. .. .
! Representatives Arentx pt Nevada
and Taylor of Colorado have introduced
bills to extend the time for payment of
grazing fees in national forests from
September 1 of this year I to Decem
ber 1. , - - .
Washington Cities
I Show Healthy Gains
In Postal Savings
Washington, Aug. 20. Seattle led all
postoffices in the gain In postal savings
deposits during the month of July, the
total Increase reported being $1,302,070.
The state , of "Washington - figures
prominently Ut the report for the month
with six Wasghington dtiea out of nine
cities in the .whole country t reporting
gains In deposits of over $10,000. These
cities in the order of their gains were:
Seattle, $1,302,070; Everett.! $133,110:
Tacoma, $119,630; Bremerton. $87,941;
iieiungnam. $13,909 ; Spokane. $11,090.
' Raymond, Wash now has over $100,
000 on deposit in the postal savings bank.
EXBALXEHS TEST SCHEDULED
Olympia, Wash Aug. 20. Following
a three-day meeting of the State Asso
ciation of Embalmers, the annual exam
ination for embalmers licenses will be
held September 1C and 17 at Walla
Walla, according to Fred J. Dibble, di
rector of licenses.': , :,.
t
Get Youar Share . "of Mie
; -: . . . . ' ..
WE DO NOT:
CHARGE INTEREST
Not for a single instant has this sale lagged in its offering of genuine bargains in desirable
furniture pieces of all grades, as well as in many other necessary articles for home-furnishing.
Increasing interest on the part of thousands of eager buyers, has been evident since the first
day of this sale.- To stimulate this interest up to the very last minute, we will continue to offer
bargains that sound a note of real economy to homefurnishers. ; '
liilSIIiii;
WE DO NOT
CHARGE INTEREST
Considerably
bri Odd 'iBedr6bm Pieces
Number of Matched Suites Also Entered in the Sale-
The Odd Piedes,
x 42.75 Dresser in golden oik finish,- Urge, mirror,'.
for only ....
a 122.50 Dressing Table in oak, Colonial design, (?" Q OA
for only . . . . tD JLOeOU
a 168.00 Princess Dresser in quarter-sawed oak, oval 7K
glass, for only ..............'. Drxel O
We Do Not. Charge Interest
a 71.25 Princess Dresser in birdseye; a wonderful value at the special
price . , ,t ; .
a 67.50 Chiffonier in birdseye, colonial design, " , V."
for only ................... I .... ....
a 32.50 Dresser in ivory enamel, oval mirror, .
for only
a 65.00 Bed in ivory, beautiful period design, ' :
for only
an 82.75 Large Dresser In ivory, period design, .
for only ,
a 44.75 Dresser in ivory, beautiful period design,,
for only ,
S29.80
$49.75
S50.00
S23.75
S32.50
$55.75
$31.25
The Matched
. Suites
a 715.00 4our-piece perjod CJ.9Q fifl
Suite in walnut, for only.... &iV3J.
) ''.'''
an 320.00 six-piece period
Suite in walnuf; includes chair CMQO (f
and rocker, special Oft.UU
a 768.00 four-piece Bedroom QK" Q (f
Suite in ivory, for only. , . . . XOeUU
a 292.00 four-ieCe , period ?"f QA fTf
Suite- in ivory, for only. .... OLVOV
Bedroom Chairs and Rockers
at Half Price
30 styles to choose from
Straight lines and Period patterns in your choice of
? oak, walnut, mahogany and ivory. Some are samples;
' others are suite pieces and the balance are odds and
ends, of discontinued lines. It's a collection that
spells OPPORTUNITY for you. Come earlyl
A: Number of Good Styles in
Comfortable Rockers
-Considerably
lUnderpriced aM
This comfortable, at- 5 iW,
tractively substantial,
genuine leather seat
rocker in- quarter
sawed oak ' will be
welcome addition to
any living room.
Sells ordinarily for
21.50. Buy it1 for
your home this week
Special
mm
: I it I lauufl rj i i
- . mm IV' I - 1 I wm
M&d ; 1 1 H rfiiiil 11 1. 1
The August Inventory Sale of
Rugs, Carpets,
Linoleum .
continues to offer worth
while bargains
Nine patterns heavy seamless Tapestry Rugs;
9x12 siae. Values to 35.00. COQ QC
SPECIAL OUeOO
Ten patterns extra heavy seamless
Tapestry Brussels Rugs in the 9x12
size. Values to 40. OQA CC
SPECIAL tfOLUtl
'.Eight patterns &eavy 9x12 Axmlnster Rugs
a. wonderful value at the special (fJQ nr
price of only i;. . .
Four patterns Seamless Velvet
the 9xt
37.50
Rurs in
2 size; values to COQ QC
SPECIAL tDUUmOD
a 3 3.75 Rocker in qu ater-sawed
oak at the special price ...........
$20.00
52.50 Rocker with leather seat &OA Kft
back at the special price;...... 00dtJU
$28.75
and back at the special price.
a 4l.5o Ropker' in quarter-sawed
oak 'at the special price
' a 27.50 William and Mary Rocker,
in Jacobean Oak at the very special rT QK
price tD J-1 OD
a 31.50 high-back leather seat
Rocker in fumed oak at the very spe- fl-! rTCf
tDJLU. f V
cial price ,
a 17.50 William and Mary Rocker
in Jacobean oak; leather seat. Very
special at
a 45.75 Cane-back Rocker in Jac
obean oik; spring seat. Very spe- 75
Five patterns heavy Seamiess Velvet
Rugs in the 9x12 size; CQ7 QK
values to 45; SPECIAL; :. uO I OD
9x12 size.
Special .. .
Room Siies in Fiber Rugs
the Heavy Reversible Kind
CI fi I 8 3x10.6 size
... tPAVJ.UtJ Special ,
$12.85
$14.85
7.6x9 size.
Special
8.3x10.6
Special ,
1
Extra Heavy Wool and Fiber Rugs
Two Popular Sixes Values to $30
t. .$24.65 1 $26.85
linoleum for Less "
' Cover Kitchen and Bathroom Floors Now .
98c
.... $1.37
Four patterns heavy print Linoleum,
yrd
Two patterns heavy, inlaid Linoleum,
yrd,..
special, the square
special, the square.
You Are Thinking of Buying a
Dining
Table
then come to Powers
and save money in
, . its purchase
a 125.00 Dining 'Table In
Walnut; Period 4r7 Kft
design; special. . . wO I OH
a 65.00 William and Mary
'r.. $42.50
a 125.00 Queen Anne Dining 074 rf
Table in mahoganyV54-rrt.' topratl 0j
a 150.00 Period Dining Table In flft
walnut; 5 4 -in. top; special at tDlO.UU
$45.00
$19.75
$36.75
$59.75
$2990
a 75.00 oblong-top Dining Table,
finished Jacobean; 'special- at
a 32.50 Pedestal Dining Table In
golden finish. Very special at.....
a 52.75 large-top Dining Table In
quarter-sawed oak; special at. .....
a 97.50 pedestal Dining fable in
golden finish; 54-ln. top; special at
a 49.00 Pedestal Dining Table in
quarter-sawed oak. Special at
and
Dining
Chairs
too I
$9.90
Vols, from S66J50 to $74 in
If f
manogany hrri
nATR-T.EO TART RsHMi
Special
No' living room is com
plete these days without
a gate-leg table.. You
may choose from three
attractive styles in the
August Inventory Sale."
its'
Phonog
raphs :
for Less
'Demonstration and Slightly
Used Machines in the
Inventory Sale
Mahogany Victrola No. IX, for- QCfl
merly 75.00, NOW.......... DUU
Brunswick No. 7, f formerly 115, CQC
now
One Stradivara in fumed oak, Qf fT
formerly ' t S 0, NOW & JLXO
One Stradivara In golden oak, C?1 Oft
formerly 175, NOW.. DAOU
One Stradivara
formerly 175, NOW
jfpTi
S130
in mahogany, (?19A
......... OlOU,
One Stradivara in 'fumed "oak,
formerly 175; NOW.........
One - Stradivara Phonograph, Q- rjtf
formerly 250, "NOW ...t&JLlO
These Machines Carry the. Same Guar
antee and Service as Our New Machines
a 19.75 cane-back
Chair In mahog
any; special at
Dining
$13.80
'a 13.75 Queen Anne Din
ing Chair In mahog- ?Q Qft
tayi very special at tDll .
a 25.50 cane-back Period Dining Qr 4 rTfT
' Chair in mahogany; special, .v. . . . . 9iX( I 9
an 18.75 Queen Anne Dining Chair
in mahogany. Very special at
$9.75
$3.75
a 4.50 Dining Chair in golden; very QQ -f ft
special at OO.IU
$6.90
$11.90
$13.80
a 4.90 Dining Chair in oak; very
special at -.
a 9.25 leather seat Dining Chair in
oak; very special at
a 17.75 Wiiriam and Mary Dining
Chair in Jacobean Oak; at.;.
a 22.50 WUliim and Mary Dining
Chair in Jacobean Oak; at. . xl
a 12.00 William and Mary Dining dQ QpT
Chair in Jacobean Oak; very special... BOOD
ITI
Special $(38.50
for this V6JS ."Kr'oehler"
Bed Davenport
Genuine comfort, convenience and 1 style
are what you get In these well known
bed-davenports. Built of quarter-sawed
oak and upholstered in excellent grade
of Spanish leatherette.'" A wonderful value.
Mail Orders .
Folks living out of the city can also take advantage of
the many special offerings in this great August Inven
tory Sale. Mail orders are given prompt attention?
Special $12.85
- ; V for this ' ' V -
$17.75 Sturgis
V Sulky v
f-- 1 . - - v -,-
A practical, sturdy runaboutfor the
baby." Tubular frame, padded seat and
back and large hood. You'll save quite
a few. dollars If you buy now.