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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Nov. 21, 1922)
TarsDAY;;:;:;ovE::i:i:R 21, 1022. r ays pap.. c3MOSfliy w:iimp ave -ju cp is imperative; "-''' CConttnaod From Pw Oxi I to re-assert an American ..-we will'." Mr. Harding- fairly shouted the last f few words and there was an outburst of applause which, quickly subsided,. 1 . Two other outbursts of applause marked the progress of the address - one when the president said he was glad that American labor was pro y teeted in the shipping world; again 2 when he promised additional aid to the j farmers. The president spoke about one half i hour. There was short outburst f applause when when he finished, and then the senate melted away and both houses went back to work. . 1 - '" The president returned to the White ' 2 House. t .'Th nresident indulged In very little rtietnrira! "flaar wavine although he AiA nv it was the patriotic duty of congress to provide a strong American i merchant marine, and he observed I also that foreign nations "are in com plete accord with the opposition here 0 to the pending bllL" 1 - But, for the most part. President ? Harding laid before congress cold 2 dollar and cents argument. 1 He told the congress that the -Amer-f lean fleet of ships is now costing the 2 taxpayers of the country $50,000,000 a t year and the ships are rotting at their f wharves, so that ultimately the great .fleet bunt at such enormous cost dur i mr the war wm represent a xoiai toss. I The subsidy provisions of the new 1 bill, he declared? will reduce, this an-. Y nual expenditure by naif. In otner 1 words, save $25,000,000 and instead jot f the ships jotting at anchor, they will ibe carrying American commerce to the 2 four parts; of the earth, ultimately, be i come altogether self-supporting aod finally, pVovlde the nation with a strong, capable merchant marine the , C dream of years. J . "if ASKS 3T6 SEW BUEDEJSr 2 "I am not asking your authorisation 1 of a new and added draft upon the 1 treasury." said the president, "TE am ! appealing for a program to diminish the burden we are already bearing. ."When your executive government knows of public expenditures aggregat- ing 450,000,000 annually, which it he ft lieves could be reduced by half -- 1 through a change of policy, your gov- 3 ernment would be unworthy of public a trust if such a change were not rec- i ommended. nay, if it were not con T sistently urged. HARDING BEGINS . BIG PARTY SCRAP i iCoatiimd lo Pate Oae) r : J the government 'spend not more than 30 millions, an economy of 29 millions. ' 31 To overcome tha? argument' the oppo- f nents of the bill must how n alUN y native equally good if not better. Con- gresa has permitted the shipping eltua .; j tion t drift ever since the war. Under J Chairman XAsker's guidance operations have become more efficient and busl-jsness-like, but even Mr. Lasker Insists f that as a business proposition more f money s; will have to be spent in the - 5 long run If the bill isn't passed 4han if it ls. The adminlstraUon's strength Jin thia fight lies In the fact that the "1 i opponent of thef bill have revived 1 pre-war prejudice against the principle f of subsidy without offering any. con 5 crete program to ' deal with the fleet R which was inspired from-the war. The ' H case against subsidy . is built largely ' ' A A,, the idea that it will cost the KOvern- i ment more money and the farmer i communities of .the West are repre sented as believing r money should be , spent to help them they want a. sub- , sidy in the form or rural credit ar i rangementsv . Mr. Harding must reckon 4 with that sentiment and the chances & are that he -will come to. an tinder R standing with the farm .element in t support of their' proposals in the De- icember session f congress, Y HIS BIGGEST FIGHT T- J Por the moment, the president la A making the biggest fight of his politl i fi cal career. He feels his arguments and V position are Invincible, for the respon 'jsibllity of congress will be definitely 2 fixed if the bill isn't passed. WUl the - B Republican party in the present con- - Z gresa. where the majority is more than " S comfortable, turn the-president down? 5 A group of Insurgents are already de ? fylng the party leaders, 'but , they "i haven't theVotea ta defeat the bill if 3 the regulars stick together. -?$?hk m looKea oarx ror the merchant 'marine . bill until this week. Mr. Harding hadn't . n put on the heavy artlllery-Hi . sqjuare s statement r me issues jnvolved and Shis readiness to fight for. those issues. lA special rule will have to e Invoked Bit through. .The administration ie-Jon- fident it can win lir the houae. .Once the flarht is wen 1fl th Wor dniul fut MMna, ui iniKcwoi . passage In the senate will be' brighter.' The .7 psycnoiogicai errect or vietory by f jrresiaeni xtaraing n so , complex a a subject .as ship subsidy and one so full if of hostile phases would be beneficial to the chief executive. It" would help R him In other tasks. He itC therefore, 4 fighting not merely for government aid ff to merchant shipping the' firs eon- fgStructrve measure of importance in this 9 administration out, nghttng for bis e leaaersnip or the Kepu biican. party".. VOFm Tmd that old senti I rant, M i n H o b t." brtmif ht (jown to date in every detail in' the service at the ' . IJertall I . 1 " 11 " ' " i ii.iii ii i i .I i ii ..in .in..! i r i ii i. ..n Text of President's; Message WASHINGTON, ov, 21. !. 'JC S.) President Hardin?, In his mes sage to congress-today on, the ship subsidy, spoke as follows: .4.. r "-Mem&ere or tb -congress Late last 'February I reported to you relative to tit American merchant , exceed the 60 millions year now marine, and recommended legislation ' drawn to cover losses in operation. -which the executive branch, of the SATS WOftJt "WAS POOS government deemed : essential to pro i . "3"h gloomy, picture of losses does mote our merchant 'marine and with j not end even there. Notwithstanding it our national welfare. - Other prob- j th known cost of three billions of dol lems were pressing and other ques- j lars for the present tonnage, X will tlons pending, and for one reason or ! not vnture to appraise its cash value another which need not be recited thej today. It may aa well be- confessed suggested legislation has not pro-1 now as at some later time that in the greased beyond a favorable reoom-1 mad rush to build, in establishing mendation , by the : house committee. ; shipyards wherever' men would organ The committee has-gives the question lse to expend government money, when a ' full and , painstaking inquiry and we make shipbuilders overnight quite study, end I hope ; that, its favorable I without regard te previous occupation report shortly will ,be given the force j or pursuits, w builded t poorly, f ten of . law. I very poorly. Moreover, we constructed "It wUl be helpfur In clearing the without any formulated program for A atmosphere if we start with the frank lt marine. The war emergency recitation of divided opinion and de- lPHi and the cry was ffor ship termined opposiUon. ty- to no new i nykind of ships. JThe error is recalled experience. Uk proposals have ai-! fegreV rather than In criticism. The vided the eongrejse en vaHoes previous ! PBt i",,,"1' flet fng about occasions. Perhaps a. more resolute i three blilions, to worth, only a fraction hosUllty never wa ianlf est, before, SJ1i50"ti i TOer-. that and I am very sure the need for 1" r De' the truth yemains that decisive acUon decisive, favorable Jf? hv Jo market In which to sen action-neer was j so urgent before. tta ndr mr Present policy, and (i t t ft tt imnr ifTTflitrr program, of surrender and sacrifice. CA.L.LS IT GBIX ACTTJAXITT . and the liquidation which is Inevitable ""We are nof now dealing with a . unless the pending legislation in policy founded a 'theory.- We. have ; a problem which la one ef Jgrim actu ality. We are facing -Insistent condi tionsT out o" which come, either ad ditional andf staggering' 'government losses and national Impotence on the seas, or elae the anfurtlng bflthe; )6ag ent. Waiving everjr inspiration which on a great American merchant marine lies in a constructive plan for main commensurate with our commercial taining our flag on the commercial importance, to serve . asr carrierr -of highways ct the seas, waiving 'the Our cargoes in peace 'tfnd 1 6 meet the prudence in safeguarding against an neceesltlee of our defense la war. There other : $3,000,000,000 madness if War Js .no thought here and now to mag- ever again ? impels, we have the un nily the relation of a merchant marine avoidable talk of wiping out a $50 to our national defense. It is enough ooojlfift- te recall that j Entered: ihV World . wsjr,aimoa wbonyj-eiMent-'mv,! iuikc9 lur.iniiuHwrMuuii v; bc,.; lie expended approximately ' .three . bil lions, feverishly, extf eagahtlyt-waate. fully and impracUcally. Out of our eagerness to make ud for the com missions of peace l and to" ; meet the war emergency we builded. and otheiv wise acquired the vast 'merchant flee) which the government owns today. " TO HALT TBEASTBT UBAI3T . . In the simplest wajr t can say it. our Immediate problem is not to build and support .a merchant Shipping, which I hold to be one Of the highest and mot worthy aspirations of any great leop!e; our firobtem'lB'to'deal with what we now possess. - Our prob lem is to relieve the public treasury of the drain it Is already meeting. Let us omit particulars about' the frenzied war-time building. ' Possibly we did fully as well as could have been done in the anxious circumstances. Let us pass for the moment .the vital rela tionship between a merchant1 marine and a commercially aspiring nation. Aye, let us suppose for a moment the absurdity that with one $1,000,000,000 experience and with the incalculable costs In life and treasure Which may be chargeable to our Inability promptly to apply our potency which Qed tore fend happening again let us momentarily- ignore all of fhese and turn to note the mere business problem, the practical question ef dollars and cents with which we are. confronted. v $4,tM,0 tOSS MOJTTHiT "The war construction and the later completion war. contracts, where completion , wae believed to ; be the great economy to the public treasury, left us approximately U.200.0W gross tonnage - in ship. The figures are nearer 12,500,000 tons- now, - owing to the scrapping of the wooden, fleet. More than half; this tonnage la government owned.- and approximatelyv 2.250,000 tons ' are tinder government operation la one -form or another. The net loss to the United States treasurynum bers actually taken therefrom inthis government operation-averaged ap proximately $l$,000,000 per month ur-imb-the vear nrior to the assumption of responsibility by the present admlnls. tration. A constant wariare on mw loss of public funds, and the draftrto service of capable , "business manage ment and experienced operating direc tors, have resulted In applied effi ciency and enforced ecenomiea It is Very gratifying to? report tne umui Uon of the -losses to $,000,000 per month, or a toul of $50,000,000 a year; but It is intolerable that the govern ment should continue a policy from which so enormous a treasury loss la the Inevitable outcome. "This lose, moreover, attends Tpera Uon of less than a third of the govern ment owned fleets ? " jro BrBBir;Ail "It Is not, therefore, a question of adding new treasury burdens to main tain our shipping we are paying these burdens new. It la not a question of contracting aa outlay to support our merchant shipping because we are pay ing already. I am net asking your authorization of a new and added draft on the public treasury ; X am asking for a program to- diminish the "burden .we are already bearing. . WheB your executive government knows of. public expenditures ggre- mh u iimM inniullv. which tnnuaiiy, wnicn it believes could be, reduced by half through -Change-of policyj-your.gov-ernment would be' unworthy f public trust- if such' a change .were not com mended, nayt if it were ot Insistently urged. 4"" ' : " ' K' And. the pity of it is that our pres ent, expenditures In losses is not con structive. It looks, to ao future attain ments. '.It is utterly ineffective in the establishment of a dependable merchant marine, "whereas - the . .encouragement ef private ownership and the applica tloa of .individual initiative would make for a permanent creation, 'ready and answerable at all times te the needs of the natiim. t . - 'But I have not properly portrayed all the current ' lessee to the public treasury. We are wearing out urt snips, wjwui aay provision xor re- plaeament. j We are baying these Josses deterioration inniucn nsicriorHuun n.iw ainn ara Wn VMontb I charging nothing against our capital account. Bat the losses are there, arid regrettably larger under . government op- ration Chan , nd$ r private control. Only a few years of continued ; losses on the capital account will make these losses throueh depreciation alone to tlcued, ' will cost ecores of millions more. . ' t- . i - - i. - A5f$WfiS OW1T QrSTt03T f - Again the . question . i : asked, wlrv the Insistence for 'the merchant ma rine aetrnow?-The answer is aonar- josses aggregating many hundreds of inUlfona ' In , worn out, sacrificed or scrapped Shipping. Then the supreme numniauon, the admission that the United States-our America," once em- lnent among the maritime nations of the world is incapable . of aseerting ' its independence ; orhe seas ef the world. It would seeih to me doubly; humiliating when we own- the ships i and fail in th capacity to turn their prows towards the marts' of the World. This problem -cannot "longer be Ig nored, its attempted solution cannot longer be postponed. The failure of congress to act decisively will be no less disastrous than adverse action, SEES THBEE COURSES "Three courses of action are pos sible, and the choice among them is no longer to be avoided. "The first is constructive enact the pending bill, under which, I firmly be lieve, an American merchant marine, privately owned and privately operat ed, but. serving all the people and always- available to the government In any emergency, may be- established and maintained. , - "The second la obstructive continue government operations fand attending government losses and- discourage pri vate enterprise by government competi tion, under which losses are met by the public treasury and witness -the con tinued losses and deterioration untp the colossal failure ends ini sheer ex haustion, "The ;third la destruction involving the sacrifice of our ships abroad or the scrapping - f them - at home, the surrender of our aspirations and Ute confession of our Impotence to he world in general and our humiliation before the competing world in : par ticular. --.- CHOICE IS I?tETITAB!B ' "A. choice among the three Is Inevit able. It Is unbelievable that the Amer ican people or the congress which ex presses their power will consent to sur render and destruction. . It la equally unbelievable that our people and the congress which translates their -wishes into action will longer sustain a pro- ; grant of obstruction and attending tosses to the treasury. : t "I have come to urge the construc tive alternative to assert an Amer ican we will. 1 -have come to ask yon to ' relieve the responsible ad ministrative branch of -the government from a paogram upon which failure and hopelessness and staggering losses are written for every page and let us turn to a program of assured shipping to serve us In war and ta give guaranty to our Independence In peace. T know full well the - hostility la the popular mind to the word 'subsidy.' It is stressed by the opposition and associated with 'special privilege by those who are unfailing advocates of government aid when very vast num bers are directly concerned, -uovern-ment aid' would be a fairer term than subsidy In defining what we are seek ing to do for our merchant marine; and the Interests are those of all the peo ple, even though the aid goes to the few who serve. UME AS ROAD AID "If government aid Is a fair term. and I think it is to apply to authorisa tions aggregating 175.000.000 to promote good roads for market highways, it is .equally to be applied to the establish ment and maintenance of American market highways on the salted seas. If eovernment aid Is the proper des ignation' for 15 to 40 millions annually expended to Improve and maintain in ternal waterways n ail or commerce, It la. a proper designation for a needed assistance to establish and maintain ocean highways where there la actual commerce to be carried. - "But call it "subsidy, since there are those who prefer to appeal to mis taken ' prejudice . rather than make frank : and logical- argument. W might ' also call the annual loss ef 50 millions, which-we are paying now without protest, by those who most abhor, we might as well call that a subsidy. If so I - am preparing to cut it in half, approximately, and to the savin thuB effected there would be added TniUIons upon millions of further savings through ending losses o it, capital account government cap ital out of the public treasury, always nm.nh.iiui wmiirf tut r i least the promise and the prospect of . the permanent 'establishment ot ythe needed merchant marine. APPEALS ' TO SAVS TKEASTTstT t . challenge " every Insinuation s f favored interesta and the enrichment of the gpecial few at the expense of the public treasury. I am, first ef all, appealing to save the treasury. Per haps -the unlimited bestowal of gov ernment aid might Justify the appre hension or special favoring- but the pending bUli the first ever proposed which- carries such a provision, auto matically guards against- enrichment or perpetual bestowal. It provides that snipping lines receiving; govern ment aid roust have their actual in vestment ami their operating expenses audited by the government, that gov ernment aid will only be paid until the shipping enterprise earns the 10 per cent on actual capital employed and excess earnings must be applied to the repayment' of the ; government' aid which has been : previously advanced. Thus the possible earnings are limited to a very reasonable amount If capital la to be risked and management is to be attracted. If success ' attends, as we hope It will, the government out lay Is returned, the inspiration of op portunity to earn lemains and Ameri can prestige at. sea is established. SEES FOBEIQK OrPOSITIOJr "Although differing In detail, it la not more In proportion to their population and capacity than any other great na tions have gone. An aiding the establish ment of their merchant marines, and It is timely to recall that we gave them our commerce to aid' in their, upbuild ing; while the American task now la to .upbuild and establish Lin the -face of their most . active competition.' In deed, the American development' wUl have to overcome every obstacle which may be put in our path, except aa in ternational comity forbids. Concern about, dur policy Is not limited to our own domain, t though the interest abroad is of a very different charac ter: I hope it Is seemly to say It, be cause it must be said, the maritime nations 6f the world are In complete accord with the opposition here to the pending measure. They,: have a per fect Tight to such ait attitude. : When we look from their i viewpoints, - we can understand. But I wish to stress the American viewpoint. Ours should be the viewpoint -from which one, sees American ' carriers at sea,-'the depend ence of American commerce and Amer ican vessels for American- reliance -In the event ef wr. ijoae w the costly lessons of warmest be .teamed again and again: bat our shipping lesson In the World i war .wga . much too- costly to be effaced from the memory of this or future generations. a SHIFFES ASKS TKAITSFEB "Tot so many months are the head of a company operating a fleet of ships under our flag called at the executive offices' to discuss a permit to transfer his fleet of cargo Vessels to a foreign flag, though he wanted,, to continue them in a distinctly American service. He based his request for stranefer. on the allegation that by such a .'trans fer ae could : reduce : his labor costs alone sufficiently . to provide '.a profit on capital invested. I do -not 'vouch for the accuracy, of .the statement, nor mean , to discuss it. The allusion is made to fecail' that in good conscience congress has created by -law condi tions eurrounding. labor on American ships which shipping men' the. world over declare "result in higher costs of operation under our flag, 'jl' sincerely rejoice if higher standards for labor on American ships have been estab lished. Mere justice suggests that when congress fixes -these- standards, it is fair to extend government aid In maintaining them until world competition is brought to the same level, or until our shipping" lines ere so firmly established that 'they can face world competition alone. ; "Having discussed in detail the I policy and provisions of. the pending! bill when previously - addressing you, l vnsh. Clip Cap $2.75 NO. 52 ; ' ' This is abrcthir of No. 55 ' described opposite, and fat all respects identical except in the. ' ' Its splendid petfoi manse , has made it a favorite with j millions of user the world .-over, "i .';.-.- . - - It Is as dependable as the . Sua and can be "relied upon to do the work In- tended of it day in andT ' day out, whenever and -; whercrer called upon.. - Dectonv lawyers, stenog-'-. raphera, bookkeepers and i stydenjts of all .ages if; . you ' would really know .. the )OT of a perfect pen, ft to your dealer today and telect a No. 52 Watet- man's Ideal with a point ' that exactly fits your partic , ular style of penmanship. ' I S ; ! .1 ;r. : . ... , '.'''.' . , W . :J ... ' t ..." " - ' V-.. . . x forbear a reptitlon now. in In dividual exchanges or opinion, not a tew in the house and senate have ex pressed personal : sympathy' with . the purpose of the bill and then uttered a discouraging doubt , about the senti ment of their Constituents. It would be most discouraging if a measure of such transcending national importance must have its - fate depend en geo graphical, occupational, professional, or partisan objectiona Frankly,-1 think it loftier statesmanship to support and commend a policy designed to ffect the larger good to the nation than merely to record the tour hasty im pressiona of a constituency. Out of the harmonised aspirations, the fully in formed conviction, and the 'united ef forts of an the people will come the greater republio. Commercial - ami nence on the seas, ample faculties for the promotion and 1 carrying : of our foreign .commerce are of no less Im portance to the people of Mississippi and the Missouri i valley, the great Northwest, and the llocky mountain states, than to the seaboard states and industrial communities building Inland a thousand miles or more. It is com mon cause with, its benefits commonly shared. 5 When people fail in the national viewpoint, and live in the con fines of community selfishness, or nar rowness, the sua of this re publio will have passed its meridian, and our larg er aspirations will shrivel la the ap proaching twmght.' e XILUOXS XOST ANirtTAlXT "But let us momentarily . put aside the aspiring and Inspiring viewpoint. The blunt, indisputable fact of the less of 60 millions a year under gov ernment ' operation remains ; likewise the fast diminishing capital account, the enormous war expenditure, to which we were forced . because we had not fittingly encouraged and builded aa one commerce expanded In peace. Here are facta to deal with, no fancies wrought out Of our political and eco nomic disputes. The abolition of the annuel loss and the best salvage of the capital account are -of concern to all the people, ' ' - "It Is my firm belief that the com bined savings of operating- losses, and the protection of the capital account through more advantageous., sales ef pur war-built, or war-aelsod ships, be cause of the favoring policy which the pending blU will establish, will mora than pay every dollar - expended ; in. government aid for 2$ year to come. t,09,0v0 FOB MAIL ., "It should be kept In mind that the approximate sum or $5,000,000 annually paid for the transport of ocean mails Is no new: expenditure. It should be kept in mind that the loan fund to en courage building is not .new; It is the law already, enacted , by the essen tially unanimous vote- of congress. It Is only included In the pending bill in order to amend so as to assure the ex action of a minimum Interest rate by the government whereas he existing law leaves the grant of building loans subject to any whim of favoritism, "It should be kept In mind Also that there are assured limitations of the government aid proposed. The direct aid, with ocean carrying maintained at our- present parOolpatlon, will 1 not reach $20,000,000 a year, and the maxi- mum direct aid, U our snippins; is so promoted that we carry one half our , deep seas commerce, win not exceed 1 JJ0.000.OOO annually. At tne Very max-1 - lmum of outlay we should be saving the maxi, woman or child best fountain pen made' will THift p'm u'e sn i V Siie for size xtd price for price, tliere has never been one as good and in all human probability there neper will be. 38 years of reputation back of it and a third generaition in train- ing to carry otu . ; ? .v; : " 1st, Scientific Conrtruction-the thing that4 makes it respoixid instantly unfailingly, - s t 2nd, Quality of MateriaZ---that make for efficiency, durability ;;and beauty i f K -"' - x 7 . , f . ' :. 3rd, Reputation and Responsibility the product of a house that has Tnore to lose than it has to gain in exasperated claims. . Selection and Service: ta Best Dealers the World Over ,L B. Wateraian Company ; ! 191 Proadway, New York $20,060,000 of our present annual Oper ating lees. If the maximum Is ever reached, the establishment of our mer-: chant marine will have been definitely j recorded and the government-owned fleet fortunately liquidated. , ' . - , . WTSDOM TO SATS . "From thia point of view, it is the simple,- incontestable -wisdom of busi nesslike dealing to save all that Is possible 'of the annual loss and avoid the millions sure to be lost to the government's capital account In sacri ficing our fleet. But there is a bigger, broader, more inspiring viewpoint, aye, a patriotio viewpoint. X refer to 'the constructive action of today, which of fers the only dependable promise of making - our wartime Inheritance of ships the foundation of a great agency of commerce in peace ami guaranty when It is needed for our national de fense. ' -. .-fe, ' ..; L.jA .,-,-r'- v:, ' 7hus far I have been urging federal aid to American shipping., having in mind every Interest of our producing population, whether of mine, factory or. farm,, because expanding commerce la the foremost thought of every na tion in the world today. fBDEBAt AID UrHEIB "I believe : In government aid be comingly bestowed. We have aided Industry through our tariffs; we have aided railway transportation In land grants and loans. We nave aided, the construction of market roads and 'the Improvement of International water ways. We have aided reclamation and Irrigation and the development of water power ; we have loaned for seed grains in anticipation of harvests. We expend millions in investigation and experimentation, to promote a common benefit, though a limited few-are the direct beneficiaries. We have loaned hundreds of millions to promote the marketing of American gooda . It has been all commendable 'and highly worth while. "At the present moment the Amer ican farmer la the chief sufferer from the cruel readjustments which follow war's Inflations, and befitting govern ment aid to our farmers is highly es sential to our national welfare. No people may safely boast a good fortune Which the farmer does not share. -MUCH AID AXftKADT GIVES' - "Already this congress and the ad ministrative branch of the government have given willing ear to the agricul tural plea for post-war relief, and much has been done whiObrhas proven helpful.. 'Admittedly, It is not enough. Our credit system, land government provision and control, must be prompt ly and safely broadened to relieve our agricultural distresa "Now this problem and such others of pressing Importance as reasonably may be dealt with In the short session, X shall invite your attention to at an early date. WA3TTS MEASUKB EXPEDITED X have chosen to confine myself to the specific, problem of dealing with our merchant marine because I have asked you to assemble two weeks in advance of - - the regularly appointed time to expedite Its consideration. The executive branch of the government would feel Itself remiss to ontenv. plate Our yearly loss and attending (allure to accomplish it the conditions were not pressed : tor your decision. More, X would feel myserf lacking con- fidenoe for America's future, if 1 whp wishes to purchase the buy ointadnPeii failed to stress the beckoning oppor tunity to equip the Uni ted State to as sume a befitting place among the na tions ef the world whose commerce Is inseparable from the good fortunes to which rightfully all peoples aspire.-: 1 coal "what yon .want these days; when every-ton must count. The coal that burns f reMy and - evenly, is Bootless and leave, very little ash Is that economical-. : . 2 II - - " IHSTBIBUTOBS aadrewt-Coaover Feel Ce. TAsor mi Bortag- Weed Coal Ce TAbor 174S Colanbla Fuel Compaay WAmat tl Helmaa Fuel Company B Headway S(I I. T. Uowitt . , TAbor 01 S Uinard Ave, Fuel A lee Co. Aat. 6-l -Standard Wood Ce. easi am - Sellwood Wood A Coal Co. . SEUwood tt67 Wflilans Ave. Fuel Ce. BAit SS7S StaBdardvFnel Co TAbor 1111 Rock Ogden Uiah' S.BoydrN.W.Arenlf Hesry- Bldg Portland, Or. , vithChCap . $5.25 t . ; No. 55 is 'especially designed to ' meet the exacting de- ' manda of busy executives. The exclusive 'Waterman spoon feed assures its in- scant action the moment the point touches the paper and permits continuous writing .without skip, dip' of bloc ... i Irs perfect balance and su-' persmooth iridium tipped . hand tempered gold point turnthcirksomeneuofor- ' dinary pen writing into an unalloyed Joy, endearing 1 it to its owner as a price' , less possession. It fa Selfuling---th lever - action completes the eper - ation in less thanr 5 sec onds from any available ink supply extra large cayadty, r- " ' Its durability is 'such that ' .it may be handed down from ather to spn, " , ; "- . : Superior -; I X. A Springs C 7 - HAZaW00D ' HAZELV00D RESTAURAliTS Oysters Our menus. offer a great rariety of tempting oyster dishes Eastern or Olympia Ojs, sters fried in butter - Eastern Oyster Milk Stew Oyster Pan Roast Oyster Cocktail - - Oyster Sandwich ; THE , HAZELV00D 388 Washington St. BROADWAY HAZELWOOD 127 Broadway 'and all who have eaten Olympia - Oysters ; regularlx say it, too: "They are nerve and brain supply they re vitalise I .Their phbsphosa-, lines are vt nerve and brain elements.'-'.. i : .Neseleea, dtalruir s powerful brain, -gorged on the wrens feed and get "Napoleon's " itch for lxJs pin. The phospao-saUaes in Olyippla Ojrters ; woald here supplied . his brain wita . the richest "power" oience knows 1 :;;?;..., : .V .- ' a.". .'-.''''," -."' j OlrstaU Orster 8aadwih Snfrtiue 1 at. (00) OlmpU Oratws (chopped aae), H en taalUd featUr, li aUIk, S f (whites, stiff), cracks . era (prvderad), 1 jbMspooa pepyw. Cook until amoota, Jew. heat (10 aOa.), , Mel, eat la this alloM, plaoe hatwoaa .sUom Vead. STaathwr aerviar dVi t doaeai sort eystera less than de is Se - ear sandwich, i . , Unlvwaity ef Walk- tagtsa tested teeipa, - - ' In C1r Somtim raited tiV,, la tho catet V v at borne! 5 . , .. ' i'4 . i r 1 immediately that when more than V3 . . : : Kaaegee" per cent earning is reached, half of the Chlcaao Francisco it sV
