G
is
OPINION
GIVEN
BY COMPTROLLER
Naw Tors, Jan. S. The tarn of th
year to marked by a striking improve
ment ta tha ktuliMM and economic out
leok. D. JL Crlsslngtr, comptroller of
a rnrrency. declared In an article wrlt
Un for the New York Commercial.
Mr D. . Crlsslager
tCiHHilln mt thm Climlj)
There are notable Indications that the
torn of the year la being fnarkad br
. . striking Improvement la tha buatnesa
mad aoonorotei outlook. Thla spites, not
only to the United States, but with, vf
course, some local exceptions.' to the
weeld at larva. In a Umi whan political
and economic condltlona ae Intimately
Interact upon! one another it la neces
sary to etamine every evidence of bet-
, taring condltlona la order to be aura
that both the political and the economic
, tndea ara registering improvement.
Tbera.la no Question at thla time that
beta ara doing thla
la. tha political domain, two events
of sengnltude have been predominating,
although they have been tha only favor
able factors, j
One la tha conference at Washing
ton on limitation of -armaments. The
other la the apparently assured settle
ment of -thai age-long controversy In
volving the relatione of Ireland to the
tTnlted Kingdom. The success of the
Washington conference la one of the
longest strpei mankind has ever taken
toward .stability, permanent peace and.
' therefore, tha assured opportunity to
Vttk out the vast and complex prob
lem of tha new age upon which plainly
the world la entering.
v KXCHAXGE IMPROVED
Enormous productive energies win be
, released for useful purposes. Govern
ment budgeta will be set on the way
to solvency. Already there haa been
a betterment In conditions of Inter
actional exchange than which no bet
ter Index of business condltlona exists.
. ' la view ofi these accompUshmenta wo
may anticipate confidently that tha year
. till will take Its place In history as
one of the landmarks In tha records of
' human progresa. Men have turned their
faeas definitely In the right direction;
they have get their feet In the paths of
restored security and prosperity ; they
have fixed their mlnda on tha higher
and better thlnga
EmCT ALBEADT FELT
. Already we begin, to find existence of
tha far-Teaching Importance of these ac
rompllshntenla. Merely to know that
these thlnrs were by way of achieve
ment would Justify ua in waiting patient
- ty for an indefinite time to sea tha
reeultl In our day by day affairs. But.
so Important are these thing that have
baea acoom pllshed that almost Instantly
wa note tha determination of society
to discount In advance the things ac
complished. Every Indication of favor
able outcome In these great underlying
considerations had been practically
I multaneous with a distinct turn for the
y better In business and Industry. The
- vary promptness with which the com
mercial community haa thus responded
la tha anoet emphatio testimony to the
readiness and the eagerness of tha bust
neea world to shape tta couraa toward
' rest or ed prosperity, and resumption of
the great peaceful acUvttlee of civilisa
tion. l Taking thla wider view I fee that we
' may be Justified la regarding tha out-
look' as altogether assuring, and that
tha new year la coming to ua with guar
antees that Justify tie most optimistic
forecast.
THE OREGON DAILY JOURNAL PORTLAND. OREGON
"aBBBBBBeBBaBPaBSBBSBSBSBaMBBMKasBBBBSaaBSBaBSBBS
HERE TO SOLVE STATE'S PROBLEMS
A "
V
in:ja::ii;r:Bn!Hm!!.l!'.'!mnmmilTH"HM
mon delegates attending manual meeting of State Chamber of Commerce ares From left L. L Sparks of
wau v x wuiu, av Eugene uuaavncK 01 ttagene, Jobs Listeria or St. Helens. N. N.
- ' ' unuf wu x. xv. vtesturooK oi AiDany
Friendly Suit Is
Started for Testing
Transportation Act
A friendly suit to determine tha mean
ing of certain points In the national
transportation act haa boon started in
tha federal court by Robert E. Strahorn
against the Oregon. California It East
ern railroad. Strahorn charges J47J 000
worth of capital stock la due him for
turning over franchises and rights to
ff road property ho held prior to 4ay
The complaint sets forth that Stra
horn sold his rights to the property for
$00,000 worth of capital stock. Of thla
sum $128,000 was paid. James Q. Wll
son. secretary of the railroad company,
ia aaid to have refused to turn over the
remainder of the capital stock until he
la sure of the Interpretation of the trans
portation act.
The suit Is declared to be friendly
having been filed for the sole purpoee
of obtaining a clear Interpretation of
the act from a federal Judge. Fear that
the contract between the parties may
not be entirely legal led to the suit.
European reconstruction. Harvey's atti
tude, it was believed here, would produce
first Intimation of American Affyis,) sen
timent toward the plan.
Picture Producers
May Settle Abroad
If Tariff Is Denied
(By Coiemal Barrios)
Washington. Jan. J. A suggestion' re
ceived In Washington that American
motion picture producers may find It de
sirable to transplant their production
work to Europe undeas & tariff bar is
erected against foreign films caused sur
prise at the eapltol today.
Member of congress who have been
completing the draft of the Fordney tar
iff bill said they would request an expla
nation of the suggestion if such a move
actually ia threatened.
England Awaiting
Reply From Harvey
London. Jan. $. U. P.) England to
??y.. Amb"dr Harvey'a reply
ta t-haa aiiieTavahntlAB w i . . '
Oi.-nrad-.loirrpro1? SK
000.000 In tern J i V .. . ,Wa
of UordK-
HALL TO BE DEDICATED
Albany. Or.. Jan. J. The new com
munity house at Riverside, said to be
the finest in the nwntv wilt K. aa
cated Friday with a banquet and pro
gram. The hall was built partly by
popular subscription and the donors will
be guests of honor at the banquet.
: STTDEXTS BACK AT DESKS ;
Albany. Or.. Jan. $. Albaay college,
the public schoois, and St Mary's
academy resumed work this morning. A
number of new students have entered
tte college. Nearly all of the schools
of the county resumed work this mom)
hi.
Prominent Salem '
Man Jailed: Use of
Influence No Avail
Salem. Jan. 3. After the machinery of
the city government bad refused to func
tion in releasing Grocr Powers from
behind prison bars, where he is serving
a 20-day term on a liquor charge. Gov
ernor Olcott was appealed to Monday
night by friends of the imprisoned man.
but in vain. The governor refused to
act unless the appeal were accompanied
lease from the judge who sentenced him.
Powers, who is prominent locally, was
arrested mursaay night in a raid on
his residence, where a quantity of liquor
was discovered, and was assessed a fine
of 100 and a sentence of 20 days in
the city JaiL .
Saturday afternoon Police Chief Mof
fitt released Powers on his own recog
nizance that he might close up business
affaira before entering upon his jail
term. Police Judge Earl Race, who had
release and ordered bis immediate re
turn, rnenas oi rowers men appealed
to Mayor Halvorsen and Governor OI
eott
Penrose. Funeral
Delayed; Awaiting
Brother's Arrival
Philadelphia, Jan. L N. 8.) Ar
rangements for tha funeral of Senator
Boies Penrose have been halted pending
tha arrival of bis brother. Spencer Pen
rose, xratn Colorado.
Reports in Republican circles say that
not only will the funeral be strictly pri
vate but secret as well. In keeping with
the traditions of the Penrose family. It
IS pointed out to support this that, tha
father of tha senator was burled at mid
night with" only his sons present. ,
Eome Denies Eumor
Of Serious Tension
With' Jugo-Slavians
- Rome, Jan. IHl N 8. Formal de
nial was made here today of a report
from Farta that tension baa developed
between Itajy aid Jugo-Slavta. ; . : -
Announcement was - made . that the
Italian and Jugo-Slavta governments
are cordially arranging a conference to
w - t .a . . . . . .
or- acta mm ena oi January to- aeaj with
prooiena oonqarnipg-. num and .outer
TUESDAY. JANUARY 3, 1ZZ:
i uaa-aaiimaUM. eoaat. - of both nation. V - - f5eW.w .wi. o I.....
-ine napaua treaty, tt waa aaid. will I Vh Utt iu..t .er . .v 1 . .t
be-applied lmpartlaUy in tha lataraatsl twi- TZTZZZZrZZJrTAr"?: " u . warawp u ta tha
as -i .,, I,,,., v -, w wiwm eegaa vwattw l'HVOOr M ecQeZUOOL
" ' - . .
Alkali In Soap
Bad For the Hair
Soap should be used, very carefully,
f you want to keep your hair looking
Its best. Most soaps and prepared
shampoos contain too much alkali.
This dries the ecalp. makes the hair
britUe, and ruins it.
m,Tbe nest thing for steady use is
HuUHfied cocoanut oil shampoo
(which Is pure and greasele&s), and
Ubetter than anything else you can
On or two teaspoonsful of mulsi
fled will cleanse the hair and scalo
ttoroughly. Simply moisten the hair
with water and rub it In. It makes
an abundance of rich, creamy lather,
which rinses out easily, removine
every particle of dust, dirt, dandruff
and excessive oiL The hair dries
VPacklr and evenly, and it leaves the
sf,alP 't.wnd tha hair fine and
suky, bright lustrous, fluffy and
easy to manage. -
You can get Mulsifiea cocoanut oil
shampoo at any pharmacy, it's very
cheap, and a few ounces will supply
m7h.m;ber of th f"nlly for
Down to Business
With a Bang
A MEW leaf in the calendar of enterprise- -
has been turned. Ifs a case of ;oing
forward, not looking back. : : .
1922 will be a year of success for workers
and thrifters.
Service is going to be the all-dominant
factor in business be it by individual or
institution. 100 Wcs or nothing. -
Naif anal Banh,
i
afa Deaaelt Baxev
"Om of th Northwtsfa
Great Bankf
: Slipping Handcuff,
- Man Efudes Captor;
Eharge Auto Theft
Eugene, Jan. J. Charles Rovera, who
' with J. Fish, a as arrested shortly after
. midnight Monday morning for alleged
automobile theft, stasjed a handcuff
trick at tha station when ho managed
to slip the manacle with which he was
held to his companion. He ran from
- tha station and eeceped.
- Tha oharge on which the men were
arrested was tha then of a oar at Eu
gaoo belonging to Dr. Norton Wlnnard.
Taey ware located st Ttgard and were
being entered, at the police station when
Ravers gov away.
SIX 8 IX RASITAKIinc
Sandy, Jan. .After an Illness af five
months In a Portland sanitarium. Chris
topher John Br l. 4 years old, died De
. eesnber tt and his funeral waa con
ducted by Rev. 8. K.' Pitta at the Pleas
ant llama Methodist church Sunday.
. nuriej waa in tna saaay cemetery.
lrs home was . between Sandy and
, Bart a g.
ftVr
IN Cooperating
to the fullest
extent with
youjrj physician
in the filling of
prescriptions.we
but do our duty
as druggists.
At Tour Service
Day and Night
CORNER. Otn
and ALDER. STS.
tjf SLUJHQ DU1LD1NO
id oP
prhmil-ij
"Seek me in vain and
uselessly implore"
A sad record is etched upon the embittered faces of
those unfortunates who faced Opportunity unprepared.
The . discouraging contraston every side- of their lot,
compared to the cheery happiness of those who in their
youth looked ahead and laid the foundation of future com
fort and independence, tinges their reflection with the
bitter gall of what once might have been.
With tha fading of youthatthaboandarylmaof
middle age, Opportunity turns back, and tendon her
offering to the entering younger generation, for Youth
and Opportunity are intimately allied Make the matt
of your time now. You cannot begin earlier than today.
: . -.-!:".-'.'. -
Let. f aid ' you in your preparation with a Savings
Account. - " ' - - -
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OREGON
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RETURN
tit
by request
MA'BIL
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NORM AMD
MOLLY 0
today
Until
A First
National
Production
Pathe Weekly
and Comedy
-
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Ta A
wens f
Friday
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rdw4
A 'A
CECIL TEAGUE ;:
at the Wurlitzer
A? m v? I7TF3T7
I . direction &
ITS
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