The Oregon daily journal. (Portland, Or.) 1902-1972, September 20, 1922, Page 3, Image 3

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    WEDNESDAY, " SEPTEMBER ,20 1922. ,
THE OREGONj DAILY JOURNAL . PORTLAND,, ' OREGON,
$650,000,000 IS
DEFICIT FACING
II. S. GOVERNMENT
By BatM Uwnit
a cpj-rialit. 1922. bjr The. Journal) -Washington.
Sept. 20 ifntirely apart
from the fact that President Harding
vetoed the bonus bill, a profound im
pression has been made by the official
disclosure that a deficit of 1650,000,000
faces the country for the fiscal year,
which began last July and ends June
30 next.
Government experts went over the
estimated expenditures carefully and
submitted detailed figures to the presi
dent before he wrote his message, but
were unable to promise any better
showing of government finances. This
means in a nutshell that cr.ngrees can
not afford to authorize The , expendi
ture of any more money and even the
pension bills and river and harbor pro
posals which are pending are likely to
re vetoed if they are put up to Mr.
rrdinsr. In other words., the brakes
must be put on to keep the deficit from
grow ins and the departments will be
reonired to economize still further in
an effort to cut down the deficit Itself.
Mrst uncomfortable, too. Is tne- ne
cessity of acknowledging a deficit of
J6.i0.ooo.noo at a time '-when the eam-
r'tign orators would have fonnd it so
effective to refer to the splenditi work
done in balancing the budget for the
fiscal year which ended in June. 192i
As ;i matter cf fact, the government
did finance itself well and balanced
the budget when It appeared that then,
vouJd be a deficit of from' 25 to a
hundred million dollars. No such prom
ivs of reduction of the deficit, can be
made this timer unless revenues are de
rived from unexpected sources. The
most that can be hoped "for Is a reduc
tion of the deficit : from about $650.-
600.000 to about half that sum, - and
even this by no, means certain.
WHAT CAUSED IT
- The deficit arises largely from the
fact that congress reduced the receipts
from taxation through the new revenue
law and there was an unlooketl for
shrinkage from tax receipts due to the
bustness depression.. Congress can
hardly increase, taxes now. so the al
ternative is reduction of .expenditures.
But even this is easier aid than done,
tor on the Veterans' bureau alone $S30,
WOO.000 will be spent this year or more'
than half ef what used to be expended
in pre-war days for TJnclk, Sam's entire
budget. There is no telling how muh
greater than $530.0OO.tKK the expenses
for disabled veterans ' and vocational
training will, run. but the government's
policy Is t6 spare no money in that
direction.
In order to cut the $650.00,0O0 deficit
down somewhat, it is - likely- .that the
srovf mment will Fell some of J he rail
road securities which it took from the
railroads during government Deration
when various sums were lent them for
equipment. Probably SI 00. 000.000 may
be realized this way. Approximately
H25.0O0.000 in Interest payments from
Great Britain has already been put on
the estimated receipts for this fiscal
year, so if there is "a default the deficit
would be Increased. If France or some
other allied country could pay interest
some progress would be made In cut
ting the deficit, but the most optimistic
prediction today is that w.Ub all sorts
of economies a nd 'restriction of cxperp
diture the JSaO.'OOO.OOflt will only be cut
in half. " All this is on the 'supposition
that congress wlU not spend any more
money, and that' of course It' will not
overturn, the president's veto of the
bon.ua bill. Should the senate follow
the policy of the house. and override
Ae veto, a-oontlngeney not loqked for
at all by the president or the treasury
department, all prediction ' wo!d go
by the board. Treasury officials say
the overriding of the veto is absolutely
"Inconceivable and would be a ca
lamity.". .. . , .
TEN BODIES ARE i
TAKEN FROM MINE
DEATH CHAMBER
A Sale That's Receiving
a Real Welcome
6000
SHIRTS
Regularly Selling at
$3.00 $3.50 $4.00 .
.95
(3 shirts for $5.50)
Never such a shirt sale before ! Men
who have bought have told their
friends; it's a sale that's bringing in
. old customers and making new. One
must see these splendid qualit
Shirts in my store to appreciate that
it's the greatest , value-giving shirt
' sale Portland has ever seen.
My store will be closed
Saturday on account of
Jewish Holiday.
BEN eSELLINGTFOTl?H'
Century
0
Portland's Leading Clothier for Over Half a
(B raitcd Nw)
At the Argonaut Mine, Jacksoti. Cal.',
Sept. 20. A curtain was being drawn
gradually and kindly over the Argo
naut. mine tragedy Tuesday.
The heroic hours of fruitless attempt
to bring out, the 47 miners Imprisoned
In-the Argonaut's depth had gone.
The moment of cruel shattering of
hopes cherished for" three weeks had
passed away. I
The tragedy -was settling down over
the little community plunging it far
into the depths - of sorrow and the
world was asked to stand aside -aiu)
rot intrude upon Jackson's grief.
BED CROSS- AT-WOEK
Without , attendant corps of news
paper correspondents, and with .none
but workers present, the federal mine
rescue crew pressed steadily on Its
work of mere'.
Red Cross workers passed silently
from home to home among those who
had lost relatives in the disaster offer
ing .words of corafort. caring for the
grief stricken and shielding them from
the curious.
The official mine rescue information
bureau ceased to function, its last act
being an order for newspaper reporters
to remain oif mine property.
BOilES BROtOHT O
Ten bodies were brought to the sur
face Tuesday afternoon. Seven were
identified.. The' identified are: Elmer
Bacheler, Eugene . Buscaeiia. Maurice
tiianetti, Timothy E. Garcia. Osare
Lanardi, G. Ruzzi. George Steinman
one Douy. previously identified as
Luis Leon proved to be G.- Ruzzi.
A coroner's jury of 12 of Jackson's
business men has been impaneled and
will visit the gold mine morgue today,
preliminary to the inquest, which is
scheduled for tomorrow.
Clarence E. Jarvis, member of the
state board ,of control, and Governor
W. D. Stephens' personal representa
tive. Is preparing a report which will
be submitted to the governor within
the next few days. Following Us sub
mission, it is believed the first move
toward investigation will then be taken
by Governor Stephens.
Merger of Steel
Plants May Mean
' T"T TT
jjxpansion nere
cific Steel corporation control vast de
posits ef iron ore, coal and lime In
Utah, '
! plans for the proposed merger oo
not include the properties of the "Ore
gon Charcoal Iron company near Scap-'
poose, according to A, M. Martin, man
ager of - the company. The concern
ovnps 280 acres of Iron land and is
making preparations to Install fur
naces. Local and Eastern capital alse
is. invested ,n several thousand acres
of.; land covering deposits of iron ore
adjoining .the. holdings of the Oregon
Charcoal Iron company nd --It ru
mored that the Pacific Steel corpora
tion would be interested in the develop
ment of these properties. -
6roundFire Gains
Rapidly ; Trench Is
Used to Combat It
Rend. 'Sent. 20. Campers in
meadow above Prinsle falls huilt their
campfire without taking into consid
eration the fact that the ground under
neath is a layer or pete -several ii
thick, and extending -over many acres.
The result f is a ground' fire whicn
has spread over three acres nd is al
most impossible ' to extinguish. Gov
ernment fire; .fighter are now blast
in as trench around the burning area
In. the hope of " stopping the spread
of the fire. :
The forest fire situation on the east
ern slope of the ' Cascades is at its
most critical "fUJ. says Supervisor
H. L. Plumb efithe Deschutes national
forest. Recent frosts Jiave killed much
green vegetation, and this with the
long dry spell.' has made the woods
unusually inflammable. Two fires were
reported Tuesday.
Plans; for Music
Week to Be Laid
At Coming Banquet
Two hundred prominent Portland
persons will attend' a banquet in the
7bamber of Commerce Friday night,
when clans will' be laid for the second
4 annual Music week. ... ' "
Aireaay xnose ia cnarge iiblw an
nounced that Vthere will be two. chief
divisions, one gathering together all
the musician In the-cuy, and the other
getting data on where these musicians
should be sent .during Music week, hos
pitals, homes and the like.
There will be a competition for two
posters, advertising the week. One Is io
be done in black and white, line sketch,
and the other is to be a two-color pos
ter. -
County Belief Fund ;
Expenditures Again
- f , f 1.1 oroer was passe
1 Are m; Limenghtfe-a
A new charge- against the- county
relief . fund, " which is set aside by
Multnomah taxpayers for relief of the
needy, appeared today in th form of
a warranj issued in favor of Fred
Top en. ;
The payftnent follows repeated state
ments by Charles Rudeen, chairman of
tne county commission, tnat ne had
employed Topken at his own, expense
to make certain investigation of relief
fund administration. Hudeen's efforts
to place Topken on the county pay
roll was strenuously opposed by the
board of the public welfare bureau,
which administers the county relief
fund, on the ground that Topken'r re
port was full of glaring errors and
misinformation. An analysis by the
City club confirmed the welfare board
ill its position.
Rudeen was reported out of town
tnis morning when explanation
Topkenis dfp " Info" the charity fund
was' sought. ConimissKMier Holman
said he had had -noching to do with
the appropriation. County commission
records disclose that on July 26 an
order was passed on- .motion of Com-
!ph WiiJlort. seconaeji
Rudeen., authorising pay
ment to Topken, and the warrant was
apparently paid during. Afut. ,
Man Is Bobbed by
' Those He Assisted
Here's another kindly disposed man
whose faith in human nature haa been
broken. A. C. Gibson, Oregonian,
hotel. Third and Couch streets, took an
acquaintance he knew as Lyle Lucas,
and a companion of the latter, to his
room Tuesday night. He had- known
Lucas in a logging camp. The two
men were "broke" and wnted a place
to sleep. This morning Gibson awoke
at i o'clock and found his companions
were gone. Se was a $30 roll of bills,
which Gibson hid in his pillow before
for retiring. .
To Test Tea: is to Taste i.
Natxiral Leaf Green Tea ia provinfj t
revelation to tHoae Have bees
users of Japans.;
TRY IT TOU WILL LIKE II
Robt. & i. C. Cook, N.W. Distributors, Seattle, Wash.
A. Y. Steeves, Local Agent. Telephone Auto. 12-33
Just what effect the nierKer of the
Columbia -Steel company with the Pa
cific Coast Steel' company and the
Pacific Steel corporation will have in
Portland, I oca; representatives were
loath to attempt to say today.
Merger of the companies, represent
ing $80,000,000. announced today in San
Francisco and Salt Lake City, caused
a little thrill; in the nation's financial
centers. Thd consensus of opinion here
was that Portland plants would.be ex
panded rather than curtailed, if .any
thing. nL "' .
. A. M. Clark manager of the Colum
hja Steel company's plant at 10th and
Johnson streets, and C. A"l3eattfe, repi
resentatiyehere of the Pacific Coast
Steel company, said the merger with
the Pacific Steet corporation hkriV been
under consideration for some time.
The Columbia SteeL company oper
ates a plant employing about 175 men.
at Tenth and Johnson streets. The
principal plant of the company is at
Pittsburg, near San Francisco, where
immense rolling mills ancLopen. hearth
furnaces have been installed. Both the
Columbia Steer company ind the' Pa-
Club Plans Welcome
To Dr. H. B. Talbot
Thursday's hoon- meeting of the Pro
grssive Business Men's club at the
Benson will be made the scene of , a
welcome to Dr. Henry Russell Talbot,
formerly. Portland Episcopal rcetor,
who comes to the city now at canon
of Washington Cathedral, Washing
ton-- D. C. His subject will be "Law
and OrdeTr." Edmund L. Bayliss of
jCew York city will tell of the Seamen's
church institute and wintnrop iam
mond will preside.
Egyptian Tribes
v Eise in Bevolt
"London. Sept. 20. (U. P.) Stirred
by the military successes of Mustapha
Kemal In Asia, the Y ahibi tribes have
revolted and a: . threatening coast
towns oo the eastern border of Egypt,
word received by the Exchange. Tele
graph from Cairo stated today. Ar
tillery is held in readiness to aueil
dlfc-Qrders, it was reported.
OCZ2
10
JIZ3UaZD
D
en
nn
They don't
make bi
any better
than
this
one.
COMING
SATURDAY
Coatiaaoas Show I to 11 P.'il. Child, 19ej Aalts, Week lay SfaU, 8e; Et(, Jc
Jbel.:and death the dinners pnje)
i "USS HATE
I II It 1- mabA m
I rf ii I . ' i ei a rrrrTT-w-v a wr I
II UU TX-" iJAl UttyAI 1.11
fc . I this I Him I
qq "y , nn
dd na
m !" 1
I j I I . -: '- i : : ILiLJ
cn I
In lima - -- .zem&vGa wtmmm
pa 111
-DQ 5 : P
tPm ?S'$;jA " Liu.
C3i
Store Closed Saturday
September 23d
in the observance of a
Jewish Holiday
IFMPM
SWE
.124-128 SIXTH. STV
A Complete Showing of
Children's Coats
Sizes 6 to 14 Years
$5.95 to $29.50
Shop Thursday and Friday for These Splendid Specials!
on
CHARLES RAY
in ids f irk'Big United Artists
super production de luxe
"A TAILOK-
MADE MAN"
- Kever has: Ray given anything j
xo me screen as great as .mis
big 9000 foot production
adapted from Cohan & Harris
J
$3
A Wonderful Group of
FALL GOATS
Richly fur trimmed and plain tailored models
Q.50 ;
Offered tally a month ahead of the coat season at
bigger savings than will be possible later-pn when the
demand for these smart coats will be at its height!
DRESSY MODELS A variety of clever styles in Bolivia, or
v normandie plain or fur collared with
wolf, mole and caracul.
'
SPORTS MODELS Of Polaire-lined with lambskin and
suede rdeepr- ;shawl collars of civet,
' , ringtail or raccoon as wejlasswagger
Imported -English tweeds,
.. . - t - u . . .
Choose Now, While the Assortment Is at Its Best!
All the Fall Shades
Sizes for women and misses
6-95
Never Before Such Smart New
WOOL FROCKS
, Fine Tricotines and Poiret Ttvills
i "
Youll never 4elieve it possible to buy such
.splendid dressei until you SEE, thejn here
tomorrow rand at only $16.95, ; -
Well made, excellent quality .fabrics smart
styles braid, touches of embroidery and
contrasting colors form their trimmings.
SIZES 16 to 40
Super-Specials .
New Crepe de Chine
OVERBLOUSES
These are stunning new fall blouses of ex
cellent weight crepe de chine. One clever
new style features the lace bodice over crepe.
Other models employ embroidery in contrast
ing shades as trimmings. Exceptional values
at $5.00. iA
Ner ShaSes of Muffin, Barberry t "
Majolica, Bobolink V-
New!
English Satinette
BLOOMERS $1.98
Excellent quality high lustre satinette bloom
ers in emerald, Copenhagen. American beau
ty, purple -with elastic shirred cuff in
contrasting shade. - - ' - ;t.
fust Arrived! New
Wool
Holeproof
Hosiery
WELCOME arrivals, these smart wool
hose of superior HOLEPROOF
quality in many clever clocking and em
broidered effects that are new for fall.
Ask for them by number
. . .
2T. lill A silk and wool hose with Persian
clock pure thread silk over fine
worsted mock seam, hemmed top,
mercerised lisle heel and toe. BLACK
CORDOVAN, GRAY OC
CAMEL'S HAIR 91 .OO
"So. ltSS Silk and wool hand embroidered
: thread silk over fine worsted. Extra
. stretch ribbed top. mock sfa in, iner
cerlxed heel and toe. 4t O O Cf
BLACK AM) CORDOVAN
-je. lStS-Snk and wool hand embroidered clock
t - i pur thread silk over fine worsted, '
tnock seam, hemmed top. mercerised
' i lisle heel and toe, BLACK. (O 7C
'" GRAY, CORDOVAN t i O '
An Important Offering of 'New
FALL, HATS
-$(5-85
Stunning models that would ordinarily
sell for much more! :
These hats are of a high type right
through to their ' fine linings. Developed
of fine velvets, cleverly trimmed with every
new effect. . ' .- -
Remarkable values at $6.85! In brown,
' tan, black, navy, henna, gray, purple and
otner aecuieaiy new snaaes. l3
' - ; Another Croup of Thote
Children's Velour Plush Hats
n -rf . w mwtt
These hat values created a furore.Ust Saturday!
They're - splendid value's indeed drooping or
rolled brims, with streamers-" sizes. 6 to 12 yrs.
Browns, Navy, Beaver, Black.
$1.50
. f f r . J