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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (March 2, 1920)
TIIE OREGON STATESMAN: TUESDAY, 3tAItCTI 2, 1020. The Oregon Statesman Issued Daily Except Monday by THE STATESMAN PUBLISHING COMPANY'. 2 IS S. Commercial St., Salem, Oregon MEMBER OP THE ASSOCIATED PRESS The Associated Press is exclusively entitled to the use for republication of all news dispatches credited to it or not otherwise credited In this paper and also the local news published herein. R. J. Hendricks Stephen A. Stone. Ralph Clover . ............. Frank Jaskoskt. , Manager Managing Editor Cashier Manager Job Dept. would hate 'em lined up about a thousand deep In front of him every morning and it would take a squad of surgeons several hours to give "Glasses should be such an incon spicuous part of one '8 appearance that an observer never notices the DAILY STATESMAN, served by carrier In Salem and suburbs, IS cents a week, 60 cents a month. DAILY STATESMAN, by mall. S6 a year; $3 for six months; 60 cents a ! month. For three months or more, paid In advance, at rate of J 5 year. (THE PACIFIC HOMESTEAD, the great western weekly farm paper, will be sent a year to any one paying a year In advance to the Dally prcsenCe or absence of them, any SUNDAY STATESMAN. $1 a year; 60 cents for six months; 25 cents for me0tha" the eyes themselves " three months. P. S.Our Rimless Glasses will WEEKLY STATESMAN, issued In two six-page sections Tuesdays and meet the above requirements as ! Fridays. SI a year (if not paid in advance, $1.26); 60 cent for six wen as tnat 0f style and service, months; 25 cents for three months. - HENRY L MORRIS & CO. TELEPHONES: Business Office. 23. Circulation Department. 683. Job Department, 683. Entered at the Postoftice In Salem. Oregon, as second class matter. Eyesight Specialist 303 State Street SALEM CAN'T AFFORD TO TAKE A CHANCE of credits by the United States. W are a creditor nation, the balance In trade for 1919 alone being four bil lions. During the first two years of the war Europe met her obligations by selling back to us American securi ties, by private loans, and shipment of vast quantities of gold to the Unit ed States. After pur entrance Into the war European credit was backed in this country by the United States government to the amount of ten bil lions of dollars. Great Britain now leads with the largest per capita indebtedness of $817.04. France come)? next with $768.11 per capita. England, better off financially than others, has a them all a "shot.' The business grew to Indue not only the Institute, but a large hotel, a hospital, labora tory, dormitory and other buildings, and it was the greatest nd most unique plant cf its kind in the world. But the country has been tapering off for some years and the prohibi tion amendment has about complet ed the work of reclamation. At any rate, there is no money in the busi ness of pulling a man's thirst and so this big institution has officially closed Its work. The government has taken over the plant for the present and it will be used as a rec lamation hospital for crippled sol diers. The business of teaching peo ple to walk . straight, goes on Just the same, but is no longer In pri vate keeping. TAX DODGING. The people of the United States cannot afford to take a chance on a possible Democratic victory at the polls next November Cannot afford to take a chance on a free trade administration. This concerns every one in this country. "We are all in the same boat together. . Oregon dairymen will understand this statement from a con crete example. The Associated Press reports from Washington this morning that Canada and- Argentina will soon prove serious competitors of The industry-in both, countries is in its infancy, yet Canada .is producing 7U per cent as much cheese ana Iz per cent as much but ter as the United States, while Argentina is producing 18 per cent as much cheese and seven per cent as much butter. Canada's butter exports are 41 per cent as large as those of the! ratI of reserve to outstanding notes United Statesjwhile her cheese exports greatly exceed exports from ' 8 per cent. Contrast this with the United States. the ratI of sld reserve to notes In Argentina's butter exports are double those of the United States United States, which averages and her cheese exports equal 32 per cent of those of the .United abont 45 per cent. England's mon- States. ; . y goes only two-thirds as far as Government officials say that Argentina and Canada are cap- formerly; France's money less than able jof extensive development of their insdutries and it is probable, one-half and Italy's not quite a third, therefore, that the United States may experience in the future partic- ther European moneyhas almost ularly energetic competition. Argentina, 21 days distant from New ceased to have any value. York.-they gay, may not be thought of seriously at this time as a Tne political condition Is always ti. ;n !.. A n - v.. 4 i.n;nlone of the bisr determining factor . UlllVk VVUiptUUi 1U tuc UUU1C911C uiai&ct, UUI UllUlCCUJ aj gcu wic butter will supplant Canadian butter in the English market, in the economic situation, which case Canadian butter would find a logical outlet in the United Tne work of reconstruction abroad States. i is greatlyhindered by the failure of Canada is in a better position today in the world's markets tne American senate to ratify tb. . v t a. a ' i i it . it tt r n a a i i front v of rtAana v vuuvi auvi vuvvac vuau xo iiac i aijictia oio tea. uuiviaia ucuaici Moreover. Canada's Dolicv with her returned soldiers and irnmiffrants I Under snch circumstances foreign toward land development is bringing results which eventually will natlons naTe been unable to arrange mean laro-er nroilnetionr credits to secure food and necessary r " - In the United States available lands are comparatively scarce! raw matritt1 It is reasonable to believe, government scientists sav. that in the fu- Idleness nd starvation blight Eu ture production will not increase in proportion to the population, I rope toda,, A. 1 - A A. At S S . 1 . ) . W - uic Kicaicr yorii i iuc, touiv yruuucuve ibbu is now uiuueu. Resumption Of the importation of European butter is again even now giving real competition to pur products. 1 Oregon is the best dairy state in the Union, and there is room for vast srrowth here. 6ut we must continue to build silos; to weed out the scrubs; to; improve our methods of raising feed on the farms And we must have a business administration at "Washington a Republican administration; a protective tariff administration, to guard oux dairy interests. , And to guard every one. of our interests, of both labor and capital. , ! It is. intimated that the govern ment may 'have lost a billion dol lars through inadequate or fraudu lent income tax returns. There msy be prosecutions of those who are de linquent through ignorance rather than criminal intent. There are a lot of people who still have a very hazy idea of what the income tax Is about and the government hasn't been able to check tnem up proper ly. There were some of the taxes that made more trouble than they were worth, and the government would almost run behind on their rigid collection. Further revision Is in order. Salem now has ft chance to get a strictly modern and up-to-date apartment house, to accommodate fifty-six families, and some bachelors and maids, if she is ready to pay the price if fifty-six families will tell Chester O. Murphy that they are ready to pay $50 a month each for the most modern conveniences of apartment house, living. That will help some; will help a lot. But it will not be enough. Still more homes must' be provided. Salem's hand is to the plow, must have a modern hospital.; She must not turn back. She What do you know about Salem, as a coming mining center? Tell us, today or tomorrow. Thursday's Salem slogan subject is mining. The country feels better, with the railroads in the hands of their own ers. There will be some initiative now, and some progress. It wm be noted that as soon as W. J. Bryan became politically ac tive the health of President Wilson was reported improved. The safety and sanity of the world depends upon an alliance between the United States, France and Eng land. This is becoming daily more apparent. hibition amendment with one power ful sweep of his terrible jaw. Salem will get an up to date apart ment house, if she wants It, at the hands of Chester Murphy. It would be an ornament to the city, add it would take care of 56 families, and a number of bachelors besides. MAN AND WOMAN. Seems funny, but about the first place to enfranchise Its women was the Isle of Man. This was back la 1881 and since that time 20 foreign countries have granted the suffrage to women. Afterthe ladies had put it over on the Isle of Man It would seem foolish for any other wople to hold off. Why doesn't the League of Nations make It unanimous? t r . u maze voiine bodies, strong bodies- let the youngsters have plenty of delicious, wholesometnutriticus Del Monte Beans with Perk and Tomato Sauce. No food builds bone and muscle more surely no article of diet so well combines wholesomeness with flavor and taste appeal . And the children like Del Monte Beans just as you do. They will eat them with relish and come back for more no mat-" ter how often you include them in the menu. CAlirOHNlA PACKING CORPORATION Ssa frsaciaro, California C I I m mi T mj L M M J r " I T " y. J .V7 J! v ' -.iW TO THE PUBUC: of Conditions in this country will not improve visibly until everybody makes up his mind to produce to the limit. This is no fabled Land of Cockayne, the magic republic of Din of the Persian fable where if silver shekels were dropped Into water they became pure gold. The Democrats are In for a fight on the "wet" proposition. Governor Edwards of New Jersey has qualified In the Michigan primaries, the Idea being that if he should be nominated and elected he will repeal the pro- AsK for "HILL'S XI FIVE MILLION PEOPLK USED XT LAST YEAR dim. .. CASCASAgAUININE Standard cold ranted r for S3 ytsra ret m h:. turt, bo piatM breaks p cold ia 24 sour celiTa crip ia S 6m. Money back if It fail. Tbo rtctna box feat a Red to with Kr. H21' pictura At AttDrmg California is a land of opportunity and resources; our fruits have a worldwide reputation; but our can didate for president. Herbert Hoov er, is no lemon. Los Angeles Times. Same as to Oregon, and growing more so, fast. And Herbert Hoover, the Oregon boy, is no. prune, eithar. COMING FINANCIAL CONGRESS. Some time this month of March the world's foremost economists and financial experts will meet, probably at The Hague, to survey the world's economic condition and work out methods for the economic rehabili tation of Europe. The United States will not' be of: tieially represented, but will partlci- Political and social unrest over (here is breeding Bolshevism, which must react on America. The governments are unable even to meet the' interest on our loans. The house ways and means com mittee has practically agreed to ex tend time for payment of interest to three years. Former Secretary Glass has said: "Eurepe must go to work.' But how? The Europeans must have food and raw material upon which to I work. How will they get both? The United States is the one great source of the world's supply of food and raw material today. America must give credit. The government has done Its share and the burden must now be assumed by the Investors of America. Congress has recently passed the Edge Foreign finance law and the Webb law, which afford our peoplt a practical and effective means rendering aid to Europe. The iCdge law permits of the organization corporations which may operate all- parts of the world outside of the United States itself. These corpor- aUons securing capital from iMvatbl Investors In the United States may advance money to foreign buyers with which to purchase goods from Amer ican firms. They will secure them selves by mortgages on real or per sonal property of the foreign buyers. The Webb law permits combinations! for the sale of American goods abroad. These laws will also aid In building up our foreign trade with South America and the Orient. Belgium has got down to work. England has Increased her exports 100 per cent. France will be necessarily slow in I economic readjustment; her indus trial section being almost ruined by the Germans during the period of invasion. Mr. Vanderllp recently said: "Eu rope can only be reconstructed with the aid of America, Crdeits must come from our Investment funds, and only for food and raw materials. credits must be on a comprehensive scale and no areas must be left help less. Want and idleness are apt to I lead to political revolution which Is a communicable disease SAVING TUB BRANDS. V Z. pnTaieiT- Prohibition has also put the lead- "nan wtuatlon Is unpar- Ing industry In the city of Dwlght, fill Al a 9 I j i. i I... I " luc msiorr. iil, out of business. This was the 10 meet u requires an extension Keeley Institute, the parent of the of credit undreamed of by any na- gold cure concerns, where million. of soaks and soshea have mnrht vi...u iu lurcign excnsnrei ireedom irom the damn rlntrh ,nf was precipitated by the shutting off! rum. In the old days Dr. Keeley' Yewterday the railroad line of the Southern Pacific company were re turned to thrlr owarn for opcrat Urn. . As a war meauura ttx-y have be In charge of the government during the laM two years aad two on I ha. The stockholders In that period had nothing to do with the nuaacrmril. Ia taking over the" management of this property, th- policy of the owners will be to give a MtlfActoryx service as lies la their power la return for the atrunage given n: To aeek the cooperation, of shippers and paaiter and oC the whole eople In having our aervlce reasonably retponalve to the public need. ,Ve have to ak the patient forbearance of the public daring Ute readJuaUnent period of the next six month. It is true da ring; the six months the government continues the standard return allowed the line while under Its control, based on the pre-war earnings. But this return is subject to certain legislative directions by congress that will affect op erations during; this period which ends August 31st neat. We expect, however, within this atx months to mature plans for the future. These plans bad to be hrM In abeyance thus far because of uncertainty as to the log Illative conditions I to accompany the return of the roads to their owners for operation, and these conditio as have been determined by congress only within the last few days. We now have to study what Is before us In law and la fact and get our bearings anew. The operating organization as It existed under HoxUhern Pacifle man agement has been to some extent disarranged during the period of fed eral control and operating practices bare been changed, but the benefit of any new practices that may have proved efficient ia the public scry ice during the government control pcril will of course be retained. We could not purchase equipment after we entered the war because the government took control and war financing occupied the field, while during the rest of the time the question of adequate credit had to wait for answer la congressional, action. On the other hand the locomotives and cars In service have beeV subjected to the most active use and new rolling stock has not beWKrenewed throughout the country In normal numbers for the Increase of normal traffic. Tbe burden of extraordiaary war movement! feH heavily uwn all kinds of rolling stock snaking It ItnposMible to ship the equipment at the proprr time, and repair work was further delayed by shortage during the larger part of the war period la both men and material. Tlie itroblean before as at once therefore Is bow to put to the best use the passenger train cars and the freight cars that are In service, and how to put Into good condition for service every piece of equipment to be had. This problem Is before every railroad. Abreast of this la the larger ques tion1 whether the earnings under the new law, the Transportation act of 1920, will be enough to establUii the credit of the railroads at n point where they can provide themselves with the facilities of all kinds that they need to give the public proper service. , We hate the will If only we can find the ways and means. These are not easy to find, for an as sumed earning of even six per cent, and no assurance of that, is not at tractive to anyone tutting money to Invest when money is worth seven or eight percent In the open market. Hence the effect of the new act of congress npon earnings sl upon the credit of the railroads cannot be immediately determined. This net provides for a rate making structure nnder which during the next two years the railroad will be ierniUtel to earn up to five and one-half per cent annually on the value of the railroads as may be determined by the Interstate commerce comuiis'Jon, the commUlon has power at its discre tion tot Increase these possible earnings to six percent, the added oac hslf of one per cent to be ucd only for Improvements to the property. Xo guarantee of any kind Is given to any railroad, but half of any earnings over six per cent are to be taken by the government to make loans to railroads that may need them for lmprovementa, or to care for obligations falling due, or to obtain and lease equipment to the carriers that cannot afford to buy it. Obviously these elements In the situstlon will have to be considered Ln. riAk!nK OUr pUn" The Interstate comruerre commission U the deciding . T, . rr!Tt ,0.T,M of lb properties as weU as the rates which are to yield the five and one-half per cent return thereon, and much wUl de pend upon the vision and promptness of action with which that body ac cepta its great responsibilities. In the meantime It U particularly desirable ia view of the shortage of equipment that every effort be made by shippers and tbera!lway forces to """lane heavy car loading and train loading and to lose no time in loading and unloading cars. Ikllevlng that we will have the full cooperation of these people served by our lines In dealing with the problems presented. It Is due them that In thus aiding us they should know what problems we have to meet, a on can rest assured we are not Idle with respect tot them. . WMSPROULE, prttideni. tion. Tbe