The Oregon daily journal. (Portland, Or.) 1902-1972, August 16, 1922, Page 6, Image 6

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    tiiu c;sc:r daily jgu;;;,"au i c::tla:jd. cl uurv
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i
COOLIDGE
IN TERMS
VICE PRESIDENT UPHOLDS TARIFF,
I SHIP SUBSIDY AND OTHER HARDING
i POLICIES IN AUDITORIUM ADDRESS
j-'.- - i .
Beginning With a Discussion of Finance, Coolidge Discusses
National Debt and Taxation, Which Leads Up to a Justifica
tion of tNe Protective Tariff Closing With a Reference to
Foreign Policies.
t litre 1th it th fall text of the public d-
I Ortes delivered by Vice-President Otlrm Cool
, - " t The Auditorium Tuedy evening.
-J ! The grreat characteristic of the Amer
5 I; lean people la progress. They not only
'. V believe in It a a theory, but adopt
- f it as a practice. They are willing to
r put forth the Effort, to endure the sac
s' riflce. to accomplish tnis result. uney
- I are a people who do not wait for to-
morrow, but act today.; Nowhere is
this spirit ot laudable enterprise
more apparent, more vigorous, or more
m successful than along the Pacific Coast.
I That which is pre-eminent here is re
ft fleeted in all our national characterls-.-.
r tics, in all the activities of the national
f. government. What we believe in, we
Jare willing to pay the price to estab
f llsh.
" r The- chief concern of all the peoples
I of the earth is their national finances.
I" While the cost of military units in
ttte Old Worjd took very much less di
rect expenditure from the public treas
ury than was required for a like pur-
pose in America, nevertheless the great
frmamenu which had there been main-
tallied, before the outbreak of the great
rwar. were proving to be almost unen-
durable burdens. Events left very lit
itle doubt that it was this tremendous
strain and the necessity of bringing it
itc a close that drove frenzied peoples
i Into the great conflict. Prior to that
f era our own country was scarcely aware
f "Of its national expenditures. Some out-
-cries were made when a congress first
$ passed an appropriation bill which ex-
ceeded a- billion dollars to meet the
cost of government for a single year,
- but after Speaker Reed had remarked
f that this was a billion-dollar country!
S there was little more of criticism. Out
if an annual budget of about that sum
l-our country met its ordinary expendi
I tures and from the surplus built the
J Panama canal. Without doubt our own
feasy financial condition, our enormous
resources and the facility with which'
f, money could be raised by taxation or
( by loans, added to the extravagance
-which is always one of the symptoms
, of war.
;R1XTY-TW() BILllOSS
The five fiscal years which ran from
t our entry into the conflict to the last
. day of June of the present year were
.marked by a total of appropriations
. j;whlch exceeded- J62.000.00o.000. The
"first two of these years the amount
was almost $46,000,000,000. When it
1 l im recalled that the public debt ;tt its
I peak was hut $26,600,000,000 of this.
t. the srreat amount bv which the Amer
ican people have been required to re-
spond in taxes can be realised. This
debt has now been reduced to less lham
SlJ.000.000,000. More than $11.000;t00,
40 which was advanced to them as
-credit during the war period is due to
our country from governments abroad.
- It reoresents. almost in its entirety.
; hot actual money sent overseas, but
money that was paid to our own cm
sens for supplies furnished by them ti
'foreign governments, oftentimes
fc prices which represented large piofi
i It is obvious that if this amount coul
l b collected and applied to our presen
f 'debt it would diminish it by about onef
neir. While tnts problem is under conh
. ttderation and in the subject of negoj
I tiations by a competent commission
I recently appointed under congressional
r- action, financial experts agree that its
'adjustment is a matter of great diffit
cutty, requiring very delicate treat
menu
:. The encouraging features of our own
E financial condition are that we have
come out oi tne war owing noooay dux
-ourselves, more than able, ud to the
present time, to balance our budget so
that there has been a very consider
able surplus of income over expendi
tures, constanllv reducing our nubile
t
, f debt, and finally lowering the cost of
Jr rovernmetit to such an extent that
many taxes coma be aitogetner abol
ished and the rate of the rest mate
rially decreased. This is an accom-
pUShment that no other great nation
has yet been able to secure.
LOWER LIVING COST
' 4 Not all at once, but ultimately, a
' reduction in the 'cost of government
will be reflected in the cost of living,
if the ultimate consumer paid button
tax on that which he bought, ;the bur-
Clen would be very much less. The to
tal ordinary receipts of the national
'gpvernment tor the last fiscal .year
were just a uuie above tour muion aot
'lars. The total production of the counr
-try has been estimated at about sixty
billion dollars. On this basts if the na
i -tional taxes were added directly to the
J cost of the products of the nation they
. Would amount only to the small sum,
I comparatively, of less than 7 per cent,
t, However, In practice they are not add
ftd once to each product, but are added
i together with - an increased margin of.
I profit by every concern through which
the product passes from the time it
f ' leaves the soil until its ultimate con
t" sumption. Here was one of the main
reasons, aggravated in same instance
J: toy profiteering, for that advance in
I th basic cost of existence which, rep
J resenting- almost every necessity of lite,
bore down with great severity upon the
people at large. Such a condition couid
J have but one result. By exhausting
I the credit of the nation, by raising in-
. terest to a rUinous rate. It diminished
consumption. People reduced their
1 purchases to tfis bare, necessiUes of ex
l Istence.- Tn" immediate consequence
. I. of this waa to destroy almost entirely
f the demand for manufactured products,
f. This stopped , the purchase of raw uia
J. terials which ctused a great fall of
iyrtces in the. primal markets. The
chief staples of agriculture suffered
tremendous josses. ' Haw sugar fell
from 23 cents to 2 cents. Cotton and
wool, .corn and wheat, livestock and
i tobacco, lumber and metals all experi-
. enced a violent and almost horizontal
Oecline. , This low Standard of prices
was or m temporary nature And Was
not immediately reflected in the retail
trad.
. ATIOlf Al B0BLE
Such was the condlUon in which the
Country found itself but a few months
aa tns result in part of the method
WT war financing. It was producin a
ruinous depresston in sericulture.
I Mines were closing down. Manufactur
i las plants were faring idle. Building
J operations had almost veased. Banks
f, had exhausted their resouiroes for sup
, plying money and iu many instances
.were unable to collect on their loans.
I Railroad mfitltin rri nniahht &
i serious Amount, of unemployment bcfwioved. Very decided assistance has
l II 19 Hill.
j t It wl to thj solution of alt these
t - problems that tt national government
i at once tmed Its attention. It began
j;by undertaking an immediate reduction
f in ths cost it its own 6ie ration Real
ising that the eld method of leading
grants f money It COUld, with fenly such
t supervisory control as result from the
activities of . diff eren congressional
committees, would tx merely to con
I tinuo aa okt extravagant method, the
: fundamental and radical remedy of
I budget system was adopted. Under
f this plan of administration each de
partment submits its estimates to a
budget commissioner, who with his or
anizatiort. considers the neds of that
oepartment in the light of the needs
Ct the whole government. More than
that, .the badge-cormnlssldner invest 1
gates thd-eondoet'and the expanses of
the departments. - He la the eyes and
RECOUNTS
ears of the president He accomplishes
coordination. He eliminates duplica
tion. He makes the saving of money
praiseworthy and profitable. By these
methods alone in a single year the
budget system was able to save the
government over $250,000,606.
Very much more progress is being
made in reducing public expenditures
than is popularly supposed. Appropri
ations for the year ending June 30,
1921, were $4,780,000,000, for 1922
$4,066,000,000. and for the present year
$3,747,000,000. This is a reduction of
over a billion dollars in the amount
of appropriations in the last two years.
Cveryone knows that the war left
our country with a large burden of ex
pense which could not be avoided but
must be paid. It requires $1,350,000,000
to take care of the public debt and cer
tain sinking fund requirements. Our
obligations to the veterans and their
dependents is very close to $500,000
000 each year. The maintenance of
the army and navy above pre-war cost
is almost $400,000,000. This is account
ed for in part by increased pay which
goes to enlisted men, the greatly in
creased sise of ' the navy, especially in
the auxiliary vessels, and the higher
prices that it Is necessary to pay for
all kinds Of army and navy supplies.
TAXATION VirsClKKTiriC .
The diminished appropriations, the
placing of the supervisory authority of
the budget commissioner over depart
mental estimates, expenditures and
methods of business, created a condi
tion whereby '.it hM "been possible to
make large reductions in taxation. Vp
to last November the country was liv
ing under its wr revenue -measure. In
time of stress and danger it is neces
sary to seize for the national defense
that on which it is most easy to lay the
hand. The highest peril is the public
peril. The fact that a certain method
of taxation will ultimately result lh
economic disaster cannot be weighed
against the higher consideration of
immediate public danger. Almost the
sole question to consider: under the
compulsion of national conflict was the
quickest method, of securing thA most
revenue. For this purpose excess
profits taxes, very high surtaxes, Btamp
taxes, transportation and admission
taxes, a resort to the fieJd of necessi
ties rather than the field of luxuries,
were all adopted in the raising of war
revenue.
Experience has revealed to us the
economic result which was in part due
to this- unscientific method of taxation.
It was all a part of the price of vic
tory anl not to be hastily condemned,
but when peace camft, when , there was
opportunity for. careful Investigation,
for a mature consideration not only of
the possible sources of revenue but of
the economic effect which would result
from their use, it became evident that
there was need ot a revision, reduction
and readjustment of the national tax
system.
Our country has two main sources of
supplying its national treasury s in
ternal revenue and custora duties. In
former days substantially the whole
of the public money came from indi
rect taxation. The tariff on import
duties was a very large Item and was
considered the most important of all
the tax bills. There were stamp taxes,
license taxes, and other receipts from
manufacture and sale, but all of them
were indirect in their nature and were
mostly passed ot to the consumer. It
was only after the constitution had
been amended by the adoption of the
income tax provision that our citisens
began to pay much money which was
wholly in the nature of a direct tax.
SUBTAXES BEDTJCE
The requirements of our government
which must be met by taxation run
close to $3,500,000,000 for" each fiscal
year. About one-tenth ot this ii pro
vided from import duties and ths other
nine-tenths from our' different sources
of internal revenue. One of the prime
purposes of the special session of con
gress which convened the 11th of April,
1921. was a revision of this great tax.
It is no easy-task to plan for raising
this great sum. It is utterly devoid
of every element of popularity. It was
a work which had .to be done and
tiie burdens which accrue under it must
be borne. There is one satisfaction
about it, It greatly reduced the annual
tax bill of the American people. It
also modified the policy of the old law.
It is a very attractive theory to most
of us to suppose that some means
might be devised, by which the rich few
could pay all of the taxaes. As a mat
ter of fact there are no such witfl
sufficient resources to meet . the re
quired demands. It is Only th treat
American public that has the financial
strength adequate to respond. XHrectly
ior indirectly it is the ultimate con
sumer, whether he appreciates. It or not.
wno pays most or tne taxes.
There is a very distinct limit to .the
amount of taxes which can be laid
without destroying their source. Prop
erty which is overtaxed disappears. It
is either consumed by taxation, or is
forced Into some Other form. A very
.striking example 6f this is the fact that
In 191 there were In the United States
,1295 incomes of over $300,000. In 1919
these had diminished te 78, while the
revenue from this source had decreased
from $707,000,000 to $310,000,000. In the
long run it is often possible to secure
-more revenue by a moderate tax than
by a very high tax. It was with this
principle in view that surtaxes were
reduced from a maximum tot fS Mr
cent to 50 per cent. The excess profits
tax was repealed. This actiot was
recommended by the Secretary of the
treasury of the present administration
and by both Secretary Houston And
Secretary Glass of the last adminis
tration. "The treasury's objection to
the excess profits tax. said Secretary
Qlaas. "even as a war expedient . .
have been voiced before the committee
of congress. Still more objectionable
Is the operation ot th exes as profits
tax in peace times. It encourages
wasteful expenditure, puts a premium
on over-capitalization and a penalty on
brains', energy and enterprise, discour
ages new Venture and confirms old
ventUMs irt their monopolies." In gen
eral terms all taxation has been re
duced except' a' Slight increase made
on corporations. Taxes on transporta
tion, parcel post. and. substantially all
those on sates which became character
ised as nuisance .taxes, have been re
been extended tb heads of families with
moderate incomes, w here there is a
family of five Willi An Income of $5000.
the tax has been reduced by one-half.
The whole nation has been granted re
lief to the extent of about $S00.000.0O0
for the first year of the new law and
a substantial reduction thereafter.
The other source of revenue Is the
dutyon imports. One of the first acts
of the present congress was to pass an
emergency . tariff law which bad - iw
main feat area, primarily -it was to
protect agriculture,; secondarily to pre
vent that practice of aedtag .foreign
goods in our markers at less than their
cost of production at home. America
was the only country with any ready
money and the distress of Europe was
driving her to sacrifio her merchan
dise at prices which meant great losses
to nir inenstries. .But meantime the
lonjr and 'laborious ta&it f -trraMn
a permanent tariff was, begun. Perhaps
OF ADMINISTRATION'S AIMS
i - - i ' 1 " 1 1 I
I ' ' i II nl i IT it i I I I
I , . . II.
no more difficult operation was ever
undertaken. Our country has always
been favorable to -the policy of pro
tection. There have been very few out-and-out
advocates -of free trade. '
AS a broad prlncip;, protection has
meant In the first piac an adequate
national defense. A Recent very pain
ful experience demonstrated that many
of the essential war supplies were not
produced In our own country in a suf
ficient degree to protect us Jn time of
conflict. That condition' must never
arise again.. Whatever Is necessary
for our military operations must never
be entrusted to the mercy-of any
foreign power. In the second place
our statesmanship has attempted i to
secure a diversity of industries by pro
viding protection for those which were
unable to compete with foreign pro
duction. This has meant a broader
national life, a greater opportunity
for American enterprise and a higher
development ot our civilisation. Lastly,
thfere has been a desire to preserve for
American laborers and American cap
ital opportunity to supply American
needs. We have preferred American
workmen to foreign workmen, Ameri
can management to foreign manage
ment, American capital to foreign cap
ital and if we are forced to make the
choice between -an American trust Over
which we have complete jurisdiction
and the foreign trust which is en
tirely beyond our control, we Would
still give our preference to America.
POBEIOW TBADE
Of course our country is desirous of
maintaining a foreign trade. It real
ises also that ifit does not buy foreign
merchandise irannot sell abroad do
mestic products. BuJt other countries
with needs of export above our own
have found that their industries call
for protection under present world con
ditions. France increased its customs
duties by doubling some and raising
others from five to ten times the pre
war rates. Great Britain passed the
Safeguarding of Industries Act. which
went Into effect last Octobei. with the
precise policy of protection in view,
lmposlnfr & duty of 33 1-3 per cent,
which affected over six thousand arti
cles. Moreover, our own experience
under a protective policy, has been a
great Increase of exports and , imports.
In 1898. these totaled one billion eight
hundred and forty-seven million dol
lars. They rose with scarcely any
break until In 1913 they totaled four
billion two hundred and seventy-eight
million dollars, while our exports alone
Increased from one billion two hundred
and thirty-one million dollars to two
billion four hundred and sixty-five mil
lion dollars. They doubled in the fif
teen years Of protection.
To the, solution of this problem which
presents one of the most difficult eco
nomic situations that has ever arisen
in American history,, the,' congress . is
bending all its energies to provide ade
quate national defense, a -broad diver
sification of industries, -the opportunity
for American enterprise, the mainte
nance of that high standard of living
Which can only exist under the Amer
ican fate of wages and at the same
time leave a reasonable opportunity for
fc reign trade. For weeks the -senate
sat almost twelve hours a day and it is
now sitting more than seven, ba its
undertaking to secure these results. No
such thing as a perfect revenue law or
tariff bill has gr been created. Some
provisions .will always be subject to
just criticism, but if their enactment
contributes to a general state of pros
perity, an mat can be noped ror will
have been secured.
One. of the chief desires of our nation
is the maintenance of agriculture on a
prolific and profitable foundation.
About one-third ot .our entire popula
tion is engaged in tilling the soil. The
Investments devoted to this purpose in
the land and buildings, in the improve
ments, in the livestock, in the orchards,
reach Into the tens of billions of dol
lars. When this great enterprise was
threatened with disaster the. govern
ment at once came to its rescue. First
aid relief was applied by securing
through private sources the pledge of
credits to the amount of fifty mllMoSi
dollars 'for the use of the livestock in
dustry. A part Of this resulted from
the activity and energy of .your own
Senator Stanf ield, who left Washing
ton and came West for tho ntirpose of
W(m AIM00
Hits beet selling on its melit for over
30 years. In your teapot it is tHe realize
tioxa of tHe ideal in Tea Satisfaction.
TR.Y
BLACK TEA
Rich Satisfying
FUvowr. Frent the
fusest gardens.
MIXED TEA '
Just esMagh Agrees
tee to make the
Mead delicious.
A. Y. STEEVES, Agent.
tadestatftitetlsteT
ARRIVE at voir destination relaxed
and feeling fit. "
Enjoy hotel! comforts, leg. room
and that relaxation that does won
der to health and mind.
The Admiral line maintains regu
lar and frequent service to San
Francisco, Lo4 Angeles and San
Diego.
Let us tell you more about this !:
jrayet-by-waier. way 4t's comfort 1
ablt 'invigorating, cheerful and
economical, too. '
lit f aifi fetfret, Cor. Stark, faoas Broadway SISL
Ose, yr. Season Seal, Attofla.
feciic CoastoaSe ScrvioQ
I HJF.ALEXANDER.
... " . i ' -
CURRENT NEEDS
High Spots in
The chief concern of all the peoples o the earth is their nAtional
finances. " . . . ,- .1
The public debt at ltd pedk was $M?0,ftO0,OftO; thia;debt hag
now been reduced to less than $33,000,400,490. More than $11,08 0jV
000,000 is da our country from governments abroad. . .
TJltlmataly a rsdactfbn in the cost ; of ; jfovernment will' bi, th
fleeted in the cost of living- . , j . v
The requirements of our government which must be met by
taxation run close, to $3,500,000,000 lor each fiscal year. About
on tenth of this is provided from' import duties and the other nine
tenths from our different sources : of internal revenue.
It is a very attractive theory td most ot us to suppose that some
means might be devised by which the rich few would pay all of the
taxes. However it is only the great American ' public that has the
financial 'strength adequate to respond. Directly or indirectly -it is
the ultimate consumer, whether he appreciates it or not, who pays
most of the taxes. . I
There is a very distinct limit to thel -amount of taxes which can
be laid without destroying- their source. It-was with, this principle
in view that surtaxes were reduced. The. excess profits tax we
repealed. . , , t . j y
The other source of revenue is the duty on iinports. Our country
has always been favorable to the policy of protection. fc To . that
end the congress is enactmg a tariff law. Primarily, it is to protest
agriculture; secondarily, to prevent that practice of sellifig foreign
goods in our markets at less than their cost of production at home.
For ths maintenance of agriculture the federal land banks were
relieved by an appropriation of $$6,009,000 with which they could
extend their credits.
A program which likewise has - in -view national defense and
national economic advantage is Sponsored in Washington by the
president in aa effort to create an American merchant marine.
It is only in recent years that 6ur country has given serious con
sideration to its relationship to the rest of the world. With a true
world vision our country has taken the lead in a great liberal move
ment. Th6 Washington coaf erenco established the foundation , of
a new relationship among the greAt powers. If our citizens will but
continue in their international relationship,, asserting? the. rights of.
-American citizens witn firmness,
others with generosity, they will
peace.
helping properly
rt distribute these
funda An emergency tarui wu
upm tM-hir-h had in view especially
the protection of the farming Inter
ests. It Is reported to have been a
very material benefit to the sheep ana
cattle raisers. A
The federal land banks were relieved
by an appropriation of $35,000,000 wfth
which they could extend their credits.
They were also authorized to increase
the interest on their bonds to 6 per
cent, which greatly extended their
power to raise money for agricultural
purposes without increasing the rate of
interest which was to, be charged to
the farmers. In order that this great
Interest might be sure of -having pro
per consideration at all times by the
federal reserve board, provision has
been made by which a representative
of agriculture can be appointed to its
membership. But the chief act for the
relief of the farmers was that which
extended the powers of the war finance
corporation, giving it authority to place
at the disposal of these interests cred
its to the amount of -a billion dollars.
Of this vast sum about three hundred
and, fifty million dollars has been used.
A program which likewise has in
view national defense and national eco
nomic advantage is sponsored in Wash
ington by the president, in an effort
to create an American merchant
marine. The first touch of war not
only closed the great exchanges of our
country, but left accumulating in all
our ports vast quantities of agricul
tural and manufactured products
which were Without ships to carry
them to, market. It was not the
seacoast towns which suffered, it. was
the lnterjor that was unable to trans
port its -wheat and cotton. Its corn and
meat to purchasers overseas.
It was then that the building' of
ships began and did not cease until the
war contracts had been . completed.
IT.
H291
GREEN TEA
A Relatkn in Greedi
Tea. Pure, translucent
ad t Flavory.
Telephone Auto, 612-32
Psoas 118. : ' - .
PRESIDENT
Coolidge Speech "
acniiowieaging mo nguts-ot u
come Into the possession of a, new
which left our government with ovef
12,000,000 gross tonnage, besides the
almost worthless wooden construction.
How stupendous had been the final
expense of that policy which neglected
American shipping will be seen when
ft is - remembered that - this building
program required an outlay of 13,-
soo.ose.ooo.
At last we were providefLwith a great
fleet of ships,, the eecondnargest ton
nage in the World. These ships were
kept when they could have been marketed-
at a high price. Their value
Suffered a tremendous shrinkage, their
loss ta the treasury amounted to about
$500,000 each day at the time of the
change of . administration.
Government construction, ownership
and operation of the fleet has not been
a success. It, too, was a part of the
' I I ii ill ill'
PERFORMANCE
IN -SAN FRANCESCO, CALIFORNIA
At th tdat of Market Stmt,
tnownjotrmeltrsthtprorUover.
It thmJttny Building. LitiU Heap,
Anerfe chamcfr -of mh SprmtWs
Of NW a.000.000
SpAo pass through therm annuali
TUB S PR ECU ELS
OUR BEST
Astoria Hardware Co., Astoria,' Or.
B. T., Goodpasture, Eugene, Or. -Highway
Service Co., Roseburg, Or
cost of , victory and criticism and com
plaint are. not only worthless, but out
ot place. But out ot this great fleet
there ought to be the possibility of a
merchant marine under private-ownership
and directed by private initiative.
To accomplish -tale .the best possible
bnalneas talent was placed in charge
of the shipping board. It is proposed
to sell this fleet for what it will bring
according te - the measure ot world
marketsu A shipping fund is to be
created try setting aside IS per - cast
of U duties collected on waterborn.
importations. : To this will bo added
certain tonnage charges, taxes' and
fees., and from it there is to be paid
a -direct aid to an American merchant
marine which ts to be proportioned in
part on the speed of the vessel.
SHI? STTBSIDT XTHGlITJ V
The adoption of this plan wilt mean
at once a better market for our ships,
the saving of a very large annual sum
over the present cost of government
operation, asd holds out the prospect
of reestablishing our country .in the
place which it ought always to hold
upon the sea.
We have been all too long oblivious te
the duty which we werto ourselves as
a nation. It cannot be a sound buei
nesa policy to employ eur competitors
to transport our production to market
; Government expenditures ate dimin
ishing. JLast year showed a reduction
of One fcHlion seven hundred and forty
three million dollars below the previous
year and a surplus of income which
amounted to three hundred and four
teen million dollars, while the public
debt at the same time was decreased
One billion fourteen million dollar a
The appropriations for the present
year -are three hundred and nineteen
million dollars less than those ot last
All of this is being reflected Irt the
economic condition of the country.
The value of Liberty bonds., which rep
resents so large a share of the people
savings.. has risen from an average of
less than is in June of last year to a
present average of over 100. The price
Of agricultural products in the primal
markets has Increased by large
amounts since the depression of a year
ago.-- The labor department estimates
170,000 additio&s to pay rolls In indus
trial concerns in June and carloadings,
with the exception of 1920 were larger
than ever during that period. . Iron and
steel production has risen to 90 per
cent of capacity. Production of cop
per had quadrupled. The consumption
ot cotton has increased 23 per cent and
is Only slightly below the highest
monthly, average which ever existed.
Building operations having Increased
70 per cent are large, and despite some
temporary unsettlement of labor con
ditions which we experienced, we are
advancing apparently into an era of
great prosperity. Under a condition of
cooperation between business Interests
and the government, under a readjust
ments of the nation's finances which
have revived taxation and protected In
dustry and agriculture, the economic
depression has come to a close. In
spite of world conditions America is
reaching stable foundation from Whicn
to advance into a new era.
FOREIGN POLICY
It Is only In receht years that our
country has given serious considera
tion to its relationship- with the rest
of the World. One rule has been dis
covered which arose from the great
war. for the guidance of our. country
men in ail their deliberations, upon this
subject. . In all their choices, the wel-'
fare of America must be supreme. We i
are at peace with all the earth. We
The exjperletieed Sen Francisco fttotortst
looks for one paramount feature para
mount for him when purchasing tires.
His tires must not skid. . Many motorists,,
after repeated onaucceasfnl attempts, have
despaired of ever securi ng silch a tire.
Tire mahurscttirers are largely responsi
ble for this through claims they cannot ful
fill or substantiate. Too many tires with
no license for the name, but 4 pleasing or
even freakish tread design, sxe called "non
skid." Yet really effective non-skid tires
are made. -- , I
Some of them are only that an effective
non-skid and nothing more. They grip the
pavement (wet or dry) remarkably well
and in doing so create ft suction or a vacuum
that holds back the car. retarding fen gins
efficiency and requiring aa additional coo
sumption of fuel.
The Comet Non-SHd j
f The scientifically ccrrct tread design not
only prevents skidding but provides for
traction and speed as Well. It permits your
engine developing full efficiency At the Same
time that it provides for your safety. ;
Demonstrated in every territory In which
X Almost any tire will give satisfactory service
under ideal conditions Some makes will even
render satisfactory service under certain adverse .
conditions., Certain makes of tires will perform
best on long drives over pavements, other makes
will show to better advantage dm dirt highways-
and so it goes. ; , . . :;;f j .
tX Our object has been to build Savage Tires to
SAVAGE TIRE , CO-
ASSET IS THE ' S fit IB TIED y
Howell-Swift Tire Co.
445 Stark St, Portland -;
STATE!
The' Ender Co.,
Klamath Hardware
nuouie s ixmcc
hkve not forgotten those "comrades
with whom we made common cause In
ths supreme hoar of civilisation. But
Uiat - part ot 4h world's great task
11 dene. In turning to restoration and
reconstruction. In executing the tatter
and the spirit dt our solemn and pub
lic stipulations with whatever people
made, we have but one thought to pro
mote a condition ot amity -and conoord
everywhere in accordance with the re
quirement of moderation, forbearance
and Justice. We can Join in doing in
Jury te no one. We can refrain from
doing good to no one. Confident alike
of its strength and Its well . doing,
America bestows and seeks a common
friendship. -
lit was lit this spirit that the long
standing differences with the republic
of Colombia were generously adjusted.
If it be thought we have dealt with
them with too liberal a hand, we can
criticise but the rest of the world must
approve. He- have made our treaty
with the central powers of Europe. We
have defined our position with relation
to Mexico. We have looked hopefully
for the appearance of a government in
accordance with - our ? standards of
riKhteeusnees In Russia, while we have
ministered liberally to the heeds of her
famished people. . j f
' jWlth'1 a true World Vision our coun
try has taken the lead m a great lib
eral movement. It has been the aspir
ation of civilised statesmanship to re
move the causes of war.. That is the
only avenue of an approach to peace.
America has done more to promote this
result In the . last year than has been
accomplished ' by all previous efforts.
The Washington conference established
the foundation Of a new relationship
among the great powers.
Preliminary to its main purpose tt
cleared up conditions which might
cause serious differences in the Far
East and the Pacific. Our Interests
there are' represented not only by our
possession, but by peaceful relations
through all our history.
'That done, the first treaties for the
limitation ot armaments by the great
powers of the earth ever negotiated
were drawn up and executed. Under
their terms building of capital ships
is reduced and fixed, the use of poi
sonous gases is prohibited and the
safety of merchant ships from unlaw
ful submarine attack is assured.
Under these new conditions the army
and navy appropriations for the pres
ent year Was able to be reduced $210,'
000,000, and an even larger sum will be
s4ved-in the Immediate suture by dis
continuing the 1116 naval program and
In the years . to ' come there will be a
' September on the
EAXiTIFUL autumri scenery.
Ideal for World-Famous Cruise
rporatidn Palatial Steel Steamer,
"TIONESTA JUKIATAW
JDuluth to Buffalo and Niagara Falls
The uartieular attention ef neonle suffering frord hav
lever is eauea to tne wen-Known curative properties 01 tno
climate at Mackinac and on Lake Superior. Nine-day
cruise to Buffalo and return. Passenger service exclusively
every three days, stopping at Houghton, Beult Ste. Maria,
Mackinac, Detroit, Cleveland.
Best dining service and sleeping accommodations in the
world Included In fare- DAWCIHtt ORCHESTRA
rwiei ana reMfveUent et American tie. Travel Sth V Oak St.
Focur Travel Intormatle Servlc M.ter Prank Co.
I Teurut Aaencf a Travel Bureau, 1S0 aradwav
we afw Operating, we have reason to believe
the Savage Cord is a. real, non-skid tire.
Used Ideally if has proved so. conclusively.
tn Taxtcob Service ,.
f The safety of passengers is a trust not ac
cepted lightly by conscientious- drivers.
We have record of chauffeurs "-"g on.
Savage 'Cord tire equipment for wet
weather use. A .- ib ; 1
? On local taxlcabs our Cords srte. erring
exceptional all-round Service (t 1 lower
cost than any tire equipment previous
.ly used. - - - - . v . .
in Corporation Service
r Big corporation buyers scrutlnixe value .
doselys r Every angle IS looked into and re
sults carefully wretched. Savage Tires are
Used , by large local companies operating
fleets of cars ranging from le, 2t, 5, is, ,
1 lM,esnd up toSetln number'-""-
: the AeasOM ' ; -:v .
h Tire me add motorists familiar wlth'tlre
construction recognise that we have Incor
porated Into the- Savage Cord seventeen
om tstandJng totutructionat features -that.
snake it e really remarkable tire.
perform equally well under every condition on
the Short haul el the hsavily iedened commercial
tit on the heated roads Ol the sandy desert, over
mud end stones of the land oi forests or the broad
dirt highways ef the plains.
C That 'we have accomplished our purpose is
evident from the result users of Savage Tires are ,
gdttirtg everywhere. 1 . " .
!
SAN MEGO CALIFORNIA? i
Ashland. Or. "
Co.! Klamath Falls
lauoo, i-x no, -
cannot be
But the main- feature of this accom
plishment is not economic ; It Teaches
up to something higher, it Is the ush
ering in of a 1ay of better understand
ing, a demonstration that the' problems
of the world can be' solved without war
by the peaceful method of coesultatlon
and of -negotiation. It our country will
but apply her powers, if her citisens
will but guide their course by justice
and reason., they will come into the
possession ef - a new material pros
perity, if they will but eoattnue In
their International relationships.- as
serting the rights Of American citisens
with firmness, acknowledging the rights
ox mil omers witn generosity, they win
come Into the possession of a new
peace.. .. -.1 .
TOTE FOB SCHOOL TAX 1
Vancouver, Wash.. Aug. 18. A 10 mill
tax -to pay off outstanding debts and
maintain school was voted by five tax
payers in District No. T (Minnihaha)
Saturday. At least 100 voters reside in
the district, said County Superintend
ent ..Bennett, but only six showed
enough interest in the matter to -vote.
Five voted for, and one against the
tax. '
iiiiiitiitHtiiiiiiiiiiwiiwintiinisi.nttiiiiiiHiiiiwimiS.
1 Faulty Vision the Rule
"Examination of 10,000 em
ployes in factories 4ound $3 per
cent, with uncorrected, faulty
vision. Of $75 employees in a
typewriter company, BS per cent
were found to be In need of
frlasses. Among 3000 .employes
n a paper-box factory the per
centage of normal was only 18."
(From Popular Bdeaok for Btpt..
1922.)
What is the condition of your
eyes? How long since you have
had them examined?
Come in and let me ten you the
exact facts about your eyea
! Dr. J. D. Duback
i Eyesight Specialist
I 171 BROADWAY
i ' i
Great Lakes
September sailingr weather
on the Great Lakes Transit
"OCTORARA"
CUSTOMER
financial llef Wch i
i
Ira Jorgensen, Salem. Or. -1 JTj
LeMoss Service Statipn,' Grants Pass
n