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Issued Dally Except Monday by
THE STATESMAN PUBLISHING COMPAXY
215 8. Commercial St., Salem, Oregon
(Portland Office, 127 Hoard of Trade Building.
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. U - - ;., MKMIiKR OP THE ASSOCIATED Pit ESS
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lication ot all newt dispatches credited to It or not otherwise credited
In this paper and als o the local news publl shed herein.
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Stephen A. Stone. . C ' Managing Editor
Ralph Glover. Cashier
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: Society Editor, 106.
Entered at the Poatotfice In Salem, Oregon, as second class matter.
Now Is the time for capital anl
labor to get lata a two-powered
agreement. 1
The IrishFree State is now a
going concern. It took over the
responsibilities of government
yesterday. ;
The operation of the soldier
bonus act will pat a lot of pep
Into the rsal estate market in
Oregon, and in all other lines of
legitimate business.
If there 1 danger of another
war why not ridicule it out ot ex
istence? Ridicule knocked out
duelling, and it put an end to th?
activities of the Ku Klux Klan.
Exchange.
THE .TRIUMPH OF. THE DOVE
Dill Borah and Hiram Johnson
are not likely to win In their po
sition of opposition to the agree
ment of the arms parley, but it
will be a lot of consolation to
them that they were in a losing
fight. They are accustomed to
that sort of thing.
cally .from state to state
making, surveys of these laws.
Then, when legislatures Inquire
innocently In what way women are
bound unfairly by their statutes,
the feminists are ready with a
report showing; concisely the
state's legal attitude toward wo
men. Florida, Mississippi. Louisiana,
and Alabama are the four states
which so far have bean studied.
sonal property, and the court held
that in these circumstances, if
the wife won the suit, the erring
husband would benefit by it, as
he could appropriate the money.
In that state, which is not the
most backward of the 48. a wo
man practically leases herself oat
to her husband for life. In re
turn for her services xshie receives
her board and keep? : But she
cannot require her husband to
These states were taksa first be- W ner W1- ane nas o
r.ght to any part or the family
Income and she has no Interest
cause the legislatures were to :
It Is now reported that Charles
Garland of.. Boston, who more
than a year ago announced his
refusal to accept a legacy of $1,-
000,000 willed to him by his- fath
er, has reconsidered nis rerusai
and will take the money. A good
many p9ople imagined be had his
fingers crossed.
After a contest dragging through 133 years the dove has
supplanted the eagle on the American dollar. Benjamin
Franklin opposed the adoption of the eagle as a national em
blem when the first dollars were coined. He argued that it
waaVbirdof war and of . prey and that the United States
were a confederation formed in the interests of peace. He
4said the eagle was neither a sociable bird nor peacefully In
clined, and that the hen, typifying production, or the dove,
the bird of peace, should be used instead.
, His position then received neither sympathy nor sup
port . ' 1 !
For the colonists were cocky over the successful result
of their fight for freedom and were inclined to strut about
with chips on their shoulders. Franklin was lampooned and
ridiculed and the eagle received a place not only on the silver
dollar, but on the gold coinage as well. They were ready to
tell the world that the new republic was in the field to fight
for its rights. k -:-r ? ,
When the disarmament conference met, however, the old
Idea of Franklin was revived, with the result that the Phila
delphia taint coined In December 856,473 peace dollars from
N a new die on which the eagle with spread wings is replaced
: by a dove on a mountain top holding an olive branch which is
struck by the rays of the sun. Under the dove aDDears the
word4 Peace." It is the present' plan to coin 100,000,000 of
me new peace dollars.
V The dove has triumphed over the eagle and the old order
passes. . " ' f . y
Lfc US All linrvt tTiat iha
: oTWTT- -?1.C, , Tw, armored cars' and armed men ea-
nciu u vuh ui loamon in uiis country, ana mat trie ,A tx . ,,
10H0MM i ii. cortlng malls and stocks and
: .wwmwowu v mo Micat iwuuu wiiuoc auiriL iL reDresenu mavd j w
result in jAU, the whole wide. world into the light of thi ZX;
comfort to those who take pride
in the high development of Amer
ican culture.! Our cities appear
to be no safer than brigand-in
fested frontiers.
the steady, appreciation of the
market valua of the various is
sues of Liberty bonds is gall and
wormwood to the unthinking who
disposed of their securities -at a
heavy discount some months ago.
Victories are now at a premium,
and the other) issues soon will be.
There is no fetter paper on the
face of the earth than the sort
Uncle Sam deals in.
meet. Now the woman's party
workers are so'ng on to collect
evidence in niue more states
where the legislatures convene
early this year. '
This is a part of the campaign
to get each state to pass a blan
ket bill removing all legal disa
bilities of women. Wisconsin is,
so far, the only state to adopt
such a measure.;
Last spring. In a nine week'
campaign, Wisconsin put through
a bill which gave women the
same rights and privileges before
the law as the ; men hold. The
bill instructed the courts to take
the words he, his, him and simi
lar words indicating the mascu
line gender Jn the state laws to
nclude also the feminine equival
ents. One exception to this was
provided: the laws are not to be
so read where i the construction
would "deny to females the spe
cial protection : and privileges
which they now enjoy for the gen
era! welfaj3." i This' refers, in
part, to the laws protecting wo
men in industry.
One of the large financial In-
stutlons in New York has' asked
for bids for a bullet-proof arm
ored motor car for the transport
of securities through the streets
of that city.' The spectacle of
in her nusDana s property unless
be dies and leaves it. Thus, when
a woman was injured .by a fall on
an exposed gas pipe, the wife re
ceived damages for her personal
injury, but the husband was al
lowed by the conrt to collect the
amount awarded as the loss' of
her services in the home.
According to the report from
Florida the women of that state
are under the domination of the
old English common law to a
greater extent than perhaps in
any other state in the union. Ac
cording to the common law a
married woman "could make no
contract of any kind." This, the
report shows, is true In Florida
today with a few exceptions. Un
less her husband has been pro
nounced insane and has been in
sane for a year, a married woman
may not, without his consent.
rent mortgage or sell even prop
erty given or willed to her. If
the husband is a criminal he still
has this control over bis wife's
property.
A husband, in that state may
Wisconsin made this sweeping do a he likes with the proceeds
change without much ado. But fm his wires separate property
We. were simply listed among
'other countries." about 30 of
them with an aggregate of 13,
000.000.000 in foreign invest-,
ments.
Now th situation has changed.
The United States holds claims
against other governments and
peoples totaling $17,000,000,000.
Business conditions are so un
settled abroad that if " is imprs
g'bli to make an accurs&i esti
mate of how much of the $20.
000.000,000 is still owing to the
government and people of Great
Britain; but statisticians say it
has been reduced more than half.
While Holland was not actively
engaged in the WTorld war. her
foreign investments suffered se
verely by ,the destruction or
shrinkage in value of the proper
ties and securities In which the
money was placed. Many, of the
countries that were once creditor
nations are now on the other ride
of the page; while our own coun
try pas passed front the position
of a debtor nation to the greatest
creditor nation In the world.
Under such conditions it is ob
vious that our point of view In
regard to other -peoples must b
modified to co-ordinate with our
new duties and responsibilities.
In 1914 America was a borrower
from the world, bankers; In
1922 we are running the bank.
Two opposite points ot view are
clashing in the United States.
One group Insists that our great.
est era of prosperity was that in
hich we were a debtor nation
when the proposal came to the
four Eouthern legislatures that
met a little later, it was given a
chilling reception.
Louisiana, it "Is "true, did take
action to the extent of repealing
pine specific
against women
ana sne may not. sue mm even
to secure an accounting of what
he has done with her own money.
The report points out that a
court decision extended the hus
band's authority even to owner-
discriminations fhip of his wife's clothes. And
As one result, I a another case a court ruled that
foreign Investments. There a
bui few instances in which one
wild prefer to bs the banket
thap the borrower. ,
t, thi country could keep at
lest 410,000.000.000 permanent
ly invested abroad H would prove
a powerful stimulus to American
trade and industry, n
. hundred markets mat
. , IJ.
now closed; it wouia prov.
outlet for the surplus products
of our farms and factories. No
kv i. doing a good business
-ii in it vaults. Un
its money is
less It can set Its dollars to work
ing the bank must close. That
u the position which our own
country holds In relation to oar
n-irhbors. A few bll-
c,yiuH "
Hon industriously working for
us abroad will make times better
at home.
LUMBER MARKET GOOD
business Christian or
go back to the wilds from wnence .
h cam, j Success will perch on
the banner of the fighters t
An artist painted a landscape,
Wltft a aunrise o'er the land
And people praised the picture
Wrougni oy iuc
And yet the painter sighed to
thlnkj ,
That he had missed his goal
For he had failed to make them
see- J 4
The sunburst in his soul.
Upon ft lofty mountain -
A prophet Teat and dreamed:,
He gased into the future
And beheld a race redeemed! .
Yet weariness came over him. .
As he preached the great, good
law -I -
For his disciples could not see
The vision that be w. f .
Before a throng of thousands -A
great musician played, ,
And the people cheered him loud
it : '
For the music that he made. -.
He bowed land smiled. In answer.
The lumber market continues
to exhibit strength. wlt& we
greatest activity shown in Douj-n-
tmm the Pacific coast.
Fir logs are scarce and high In When their shouts tell on hi
price, and manufacturers re barr
ing f difficulty In securing suftlc
lnt quantities to produce the
lumber needed to take care of
orders ? booked. Consequently.
ear-
Yet in his heart were melodies
He knew they could not hear. .
. -!-v f'"" : s '
In a well of Inspiration t '
one a. master dipped his pen
. i . Wrnt arrand celestial drama
buyers are woraing ru, .-v, derei o'er by men; i
or4ers for fir and price advances FmlnJ:pInlenftd j0d, kni anls
hafe been well sustained. In the portals of his mind;
the -southern, pine region, orders None but he beheld that vision
m considered . saUstactory for But !t' lory maae mm bubo i
t- - , - t
... s
this season, and tne maraei u
firm but not; as strong as the fir
and that we must get our dollars J market
back home as quickly as possible
and se,t them to work developing
our own resources. Another group
asserts that we can continue to
be prosperous only! if we keep
our dollare working tor us on the
The above paragraph is from
thefWeegly Lumber Market . Re
view (Chicago) ot last Saturday,
Thus forever beyond telling
Seems the fairest and the best
And the heart ot man keeps barn-
: tng : iil f -j' r v- 1 - - 't;,-.' t-.
Witk a sadly, sweet unrest.- '
The' silence seems to ache with
the 14th. This Is encouraging to - ,,- - - . rlnKl
Oregon, whose largest Industrial J And tne g wee test song the, poet
whole of the six continents and "Here Douglas fir Is one of the U the one
rays of tire sun of international justice and understanding
and righteousness in the dealings of people with each other
. v Bringing to the world permanent peace.
on.
The Premier of France hag to go to bed with his life belt
' Constructive statesmanship is the demand of the hour
in Ireland and there is gratifying evidence that it is already
;ohduty.'' ':::k j;, j.r rf.-.:: .,.
A queer mix-up in Tammany is reported. Murphy has
gone tr Hot Sprines in a funk after auarrelinir with Hearst.
The cause was Hearst's plan to run for the United States
Senate. Murphy's taste in Senators wasn't always so nice.
Senator Pepper of Pennsylvania is the first Pepper ever
in the United States senate, so far as can be recalled, but
25 years ago Kansas had a senator named Pel f er whose beard
was so long that his chief function seemed to-be providing
tne cartoonists with hirsute embellishments for their draw
ings of Populist statesmen. ; In no particular except in name
aoes jut, pepper remind one of Mr. Peffer. .
Clemenceau's new daily paper, the Echo National, declares
in. its. first issue, "When all have shown themselves worthy
of their responsibilities, then France, just as she won the
war, will have won the peace." She won the war, it will be
recalled, by co-operation with other friendly nations and with
tneir maispensabie aid. - i -
The sale yesterday of the first
110,000,000 j of Oregon state
bonds for the soldier loan and
bonus fund at a higher price than
has been received for Oregon
bonds since 1919 is a consuma
t'.on worthy of congratulations for
all concerned. The low price of
the bonds wilt- help In making the
administration of the act work
out so that in the final analysis
the loans made may pay back the
principal and interest, or come
so nearly doing so that there will
be a very small burden upon the
general funds of the state.
all political and: civil offices are I a married woman did not have
now" open to women. Another re- the right to hire domest'c ser
form achieved by Louisiana com-1 Tants.
pels a husband to obtain consent In this day. when so many taar
of his wife before he can sell or rled women prefer work in an
mortgage! the home. The rest of office or shop to work in a kitch
the family property remains un- en, it is interesting to note that
der control of the husband as be- in Alabama the husband gener-
fore. But the wife Is assured (ally has authority, backed up by
that the roof over her head will law, to say whether or not his
not be sold without any reference I w,fe may work outside the. home,
to her wishes or Interests. I To quote a. court decision, th
Louisiana agreed to nine Chang- J husband is entitled to his wife's
es, but the radical idea of abso- services to the extent that she is
lute legal equality for women was still in this respect "merely a
turned down flatly., The . other servant." So a court in N 1914
three legislatures to which the j decided that If outside work
measure was submitted also re-J would interfere with her domes-
jected it. And yet, tire feminists I tic duties, a husband could legal-
point out, these' states, progres-lly prevent h's wife from entering
the seven seas. They declare that j pripelpal productions.
so long as our dollars are busy
abroad, the Incomes which they i WHAT'S IX A SAME?
tarn will Insure prosperity at
hm. l The old song usea to say: ire-i
Our situation la not wholly an- land was Ireland when England
aloeous to that of Great Brtialn was; a pup. wnai aina or jug-
before the war. although there is the poets do wltn tM
a certain similarity. About 111,-name of the Ir(sh Free State?
000.000.000 of our fereirn Invest- So far as the bards are concerned
James M. Warnack.
LAWS AFFJCCTIXG W03IEN
The searchlight is being turned,
perhaps more thoroughly than
ever before, on the laws which
affect women. The National Wo
man's party is going system ali
ments are represented by money
borrowed from us by European
governments. Our ; government
borrowed it from the people In
order to lend It to other peoples.
In time of peace such a system
of finance would not be toler
ated; yet we must not forget thst
it was invested to a good purpose;
for the whole of it was - used to
Ireland' will be Ireland still or
perhaps not still, but yet.
V;
A "SWAT THE PESSIMIST".
CLUB ..
s.ve in many ways, are far behind
some others in their legal treat
ment of women.
ine surveys i snowed many
cases where the old common law
holds. For Instance, a wife In
Mississippi was refused the right
to sue for damages for the alien-
paid employment.
So many women have, business
experience before marriage that
the home standards have been ad
vancing more rapidly than the
laws. The modern woman knows
the unit of labor which earned a
dollar in the store or office and
E R. Walte, secretary of the
Shawnee Board ot Commerce, ot
Shawnee, Oklahoma, made a visit
to Salem last summer in a trip
bring the .World war to a success-1 over the western country, pick-
ful issue. I lng up ideas and comparing notes
One group. Is clamoring for the j on 'the .matter ot conducting i a
immediate return, of: that money, J live commercial club ' . i -
although they must be aware that I " And incidentally radiating , a
there 4s not enough gold in the j r?1'i1eas himself,, for he thlnjcs
world to repay the halt of :. It and JSbavrneft has' one . of-the; most uy
that repayment would have to I to date organizations of this k:n
The laws of the state give the
husband control of the wife's per-
FUTURE DATES
BCTtOOT,
BTtnrr
aroKTS
Slue 3tti0r'
Copyiisht 1022, Associated Editors
The Biggest Little Paper In the World
PLAYING BASKET BALL
FORWARD
BACK-BOARD SANK
: 'V "
,v Vi '
'IO0P1NCBALL
PUSH SHOT,
' By A. F. Hammesfahr
All-around basketball star; bas.
4 ketball chairman. Amateur Atht
letie Federatfon; vice president
i Athletic i ! Officials' association,
Chicago district ? . 5 v ; s
You jdon't have to be won
. derfully ! developed physically
: to start playing basketball,"
- says Mrj- Hammesfahr? That
' will tome with the playing of
: v the rame. Just get. out with
. - the other fellows and help put
the ball In your team's basket
; . Should you be preparing to play
V the notTtldn of forward on a bas
ketball team, as many moments of
; your spare time as possible should
' be utilized in shooting baskets. A
v forward's ;m at n duty is to do the
' scoring tor his team.
; " At first, practice should con
sist ot throwing the ball through
the loop at close range. Pick out
, aq imaginative spot on the black
board and throw at this spot ao
that the ball will rebound at an
anrle and: fall through the loop.
The little, black cross of the
, lackboard on the rtght side of the
4 elova illustration, is the right
r;ct r!ckad out- by a basket
s-; t -1 r. The ball should bounce
f i ' '-'-t through the basket;
Practice Long Shooting, Too
The next step is to learn to
shoot a basket without having the
ball touch the backboard.
. Learn to shoot baskts from a
radius of about fifteen feet Here
you will End that a loop shot la
more successful than a bank shot.
The middle figure of the pictufre
shows a loop shot. It is, a snot
especially well adapted to a gym
naslum which has a high celling.
Long shooting is the next thing
to practice. Stand twenty-five or
thirty feet from the basket and
toss the ball. t'
Never make a long shot with
out following it up. If the bas
ket la missed still you have
chance to recover the ball and
take a shorter, or follow-up shot
The follow-up shot should not be
used after a long shot only, how
ever. , Follow all of your shots.
The best shot for the basket 19
made from the chest and upward
It is the hardest for an opponent
to guard. The figure on the ex
treme rtght of our picture shows
how the taU-4'keld. - Get your
bands well In back of the ball so
you get full results from the force
ot your push.
Take Much Exercise
Practice dribbling. Do consid
erable running to develop your
leg muscles. :. Jump rope; swing
clnbs; exercise wKth pulley
weights; go through setting up ex
ercises that combine arm and leg
movement: take all kinds of ex
ercise that will limber you up, for
it any player on the team must be
quick of movement, it is the forward.
There is a type of forward who,
realizing that, it lis his duty to do
tne scoring wl(l natty retuse to pass
the ball to another player even
though he is so closely covered by
the opposing guards that his shot
at the basket' will be useless.
Don't be that kind of a forward.
Let some one else have a chance
at the banket if you see that he
la more likely to score than you
are.
(Next week Mr. Mammesfahr
will write the last article of this
serfes. The subject wlH be the
position of guard.)
ation of her husband's affectionsj J she compares that with her work
about, the house. She figures that
sne is putting ner snare into a
business ' partnership and that
whatever is saved or acquired Is
in part hers.
There are several theories with
which the modern domestic estab
lishment is experimenting. One
is to make the home a partner
ship and to have everything about
the home held Jointly, i Another
idea is for each ot the contract
ing parties to hold his or her own
share separately. In this plan the
wife might receive a fixed salary
for housework besides money set
aside for her to pay certain of
the bills. (What she can save out
of her salary and expenses she
puts away or spends to suit her
be taken In goods, which would
have a tendency to keep our own
industries' Idle and Increase un
employment. Neither: do the mem
bers of this group stop to consid
er whst method we- should pur
sue to enforce collection. Judg
lng from thelrj intemperate utter
ances, they would hare us go to
in the whole country. :' ; i
Mr. Walt a ' was ' pleased with
Salem and with what he saw and
heard here, and he has kept track
of :things in the Sal em section.'
Under date of January 10; Mr.
Walte Sent the following to The
Statesman f - '. - '
Jinnary 17. 18. 19. 20 StiU Peni
tentiary aaiaitret show. ,
January !-t1Hlka' WarSI Otm
Janaarr SI Tu4ay. Gay MacLaran,
at Grand Theater, aoaptcea Salem Xtit
Learna.
Febraary 10. Friday 'Arbor Day.
February IS to ; 19 inofoaiva State
fTiriatian r.ndTor fonnlHn.
Urrs for breakfast
Welcome gentle rain. , ; ' .
i :
' The soldier loan and bonus
funds will , help business to step
oft at the right salt tor 1922.;-
s v
Whenever Vice. President Cool-
idge opens his ' mouth he Has
something to say, and his speech
delivered last , night, reported In
The Statesman of this ' morning,
was no exception. Jr ;
The broccoli growers will feel
better over the rain. The freezing
nights were .- getting i- on t their
nerves; they were v afraid . their
plants might get frozen feet.
Spma-jonfjiaya "pessimjst Is a
man who holds that the world is
against him. And he is perfectly
qgnt,;-. r vS.: .t,-i-"
i-i Salem has. arrived :.fai'a'poiot
whera the- city, government r beads
are- put, on ; their me tUe to find
ways' and1 means jto-, tqeet'lhe de
mands tor new, paving, and sewer
and other' Improvements :ln the
Outlaying districts that Are build
ing lip so rapidly,, withmany fine
and oomfortable homep. And the
demand is bound to grow greater
and more Insistent. i - . .f .
:-:.'! S '; "
. ?;What Is the world coming to?"
asks some one. If you will leave
It to the immigration officials': the
answer win 'be. America. Or at
i
s
in
L f
BTT1C0B
WOBK
Edited by John H. MJUar
TODAY'S PUZZLE
Curtail & kind ot a feather and
leave a fruit.
Curtail to f rown and leave a
una ot boat.
curtail a portable lodge and
leave a numeral.
Solutions tomorrow.
ONE REEL YARNS I
THE GETAWAY
"No, I'm not. going anrwher
tonight," said: Phil carelessly. "I
have a lot of problem to do and
I'm roin to star up In my room
ann no them, f How about yju?"
"Me too" answered SUnley.
it s time I was doing some rrarr
ralng. - I'm going to tay . home
and vVthe books a chance. So
lone- See you later " -.
TThank goodness,", breathed
PhlL as he wnt into4 his room.
"I'm rid of bim ,1 ha ted . to teU
him that, but If I said I was go
ing out with some other fellows
he'd be sore, we always go
around together.! I hate to leave self and the husband does like-
hlm out. He's such a
around."
Phil sat down to wait a few
minutes, his wraps still on. until
stick- wise with his share of the budg
et. , i -
By some 6uch scheme the home
he was sure Stanley was Inside! of the business woman la apt to
his room, down the hall. He and
Stanley, had been chums in the
high school and now that they
were at school they had rooms in
the same house. ; Phil was begin
ning to be tired of his old friend.
though, and was always trying to
ditch" him, without hurting his
feelings.
be run after marriage. But la
many, states it is only a courtesy
arrangement by which the hus
band does not demand his legal
rights. And in event of a dis
agreement or divorce the wife
finds that she has very little that
ThinWng he had waited -long her husband cannot control or. in
enough, Phil opened the door cau
tiously . and peeked out. As h
did so. the door Of Stanley's room
started to open, I so Phil ducked
back. He didn't want to rnn any
risk of his friend seeing h:m
should he come out for a drink or
to use the phone in the hall.
Again Phil waited. Then he
opened the door and looked again.
The coast seemed clear. He got
his hat. and then backed out, very
slowly, closing the door qmita soft
ly, and stepping on tiptoe.
He thought he heard some
thing, and he whirled about quick
ly. , There, at the end of th? hall.
Stanley; sun wearing his wraps.
was tip-toeing towards the stairs.
some states even dispose of. So
the feminine lawyers contend that
the modern wife's scientific men
age is built on shifting sand.
It is interesting to note that in
the states where surveys have
been made no Etatue provides
that a woman must take the nam;
of her husband.
"With the , passing of the old
war wun tngiana, ;witn trance I year, onawnee, uauanoma, gloom waaung to. .
of monev we loaned them in hAln I rotten torether and oHaMnat1 I ....: pam roianu
. ... I U lUL " r ' ou. marks. Enough In Am-
wm tne last war. owi me ressimist cmo. I erlcan moBr. aimnti tA
statisticians! bare calculated I TTf ney proclaim that the pessi-1 Pni Der for a month.
that we hold good security for all I mist and his pestiferous wars will
hut tthnnt ft K till AAA ft A A trwf1ft
Eurone Is notlensnlfed In Pom-I of thin rs. He U almnlv ai!rtl. l.J,"uai7 " tM .month t or ln-
,.Ti. V " " Z . . uuenza. ia grippe and bronchial
munism ana tne trena or arrairs i wg. nia own inaoiiity to ao things. I troubles. It Is unwlsa u sariact
in all ths European countries, "It Is necessary for alt persons I the slightest cougb or cold. -Fo-
evpn In Ttnsala la in1!v In ihit I nfttil una Innblno' tiAnrnllw' . . . I S WOJiey .and .Tar'f Hfal
other direction. The money is optimistically into 'the f utur to F.ZtX: V1 ata-rUht at the
k it-. MMt...tljif...t'KM...i wnuama.sur-
" ,u -o.v... vf. iiv.Mjun. kucusi,cB iu iuc ucucr tacev witn a neaiing coatlna
return is as certain as that loaned land bieser thlnca In Ufa and hnit. I clears the air oaaaaroa. mim tr.
on the average mortgage In ourllness. v I J. "reaming and permits sound.
6wn country. ; Extens
i . , ... . .. I. . -w
ro uetessjiiy uu, i we r mue i oiiujuy win not see tne silvery at Kactne. wise , writes "rv.
to believe our: mos experienced lining beneath the cloud, who ad- ,era has neTer failed In firing
financiers, very -desirable. Forlverttses by his looks and stat-
each( dollar Is rovrng bee that meats his utter inability to meet
will return to the hive laden with 1 his neighbor on a competitive
honey. I basis.
atnee the srmutice was signed ' Perchance he is a merchant;
the people: of the United States he lir be found to be one who
have made: private j investments has failed to liquidate his stock,
touting $6,000,000,000 in Eu- to adjust his selling prices and
roue, ui this sum; si.ouo.ooo.- to so reorganize his bus n that I ntmTimn '
000 is represented in bonds J he Is ready to meet his customer
nur i ukl fcAl'tRT HERE
. . . . ... . . . . I . ... ... I -r ' ,j. ' .....-. , .
oougni Dy private in teres is, z.-iwita a smii 01 conuaence on hu I SEELEY VAIfot's'iv raa'
000,000,000 by investmenu by fade; He ahould Impress the cus- CIALT 'Si S JJSRJS?'
j American capitalists in foreign tomer with the fact that the ar-
I lands and industries; and 13,000,- tide: bought is worth the Price. I ...". ." .B.eeler, of ChicsgOj)
000,000 in what are known as and -show his aooreclation of th llT T.T. . am -a trust ex-
wa uvici.' ana.wn tnuu in
immediate relief and I am never
without It." Bold everywhere.
Ady; r
everywhere.-
. Another thing to worry about Is
the-question whether th .i,.i
nebulae noted by iitranAmM. J..
be regarded as universes ftimtiar
to ours. ... . . . , i .
PUTTIXO OUR DOLLARS TO
WORK ..
Before the World war Great
Britain was the creditor nation
of the world. The British pound
sterling was working for the folks
at home in every civilized land
and on every sea. The rest ot
the world then owed Great Brit
ain 120,000,000,000. not! toj the
government, . but to the people.
Germany was the second creditor
nation, her foreign investments
totaling $7,DOO,000.000., j France
was third with $5,000,000.00.
and Holland fourth with a credit
balance of $4,000,000,000. At
that time the United States did
not f'giare as a foreign Investor.
1.
commercial credits. ; That private I business.
should point this Tueiday.. Jan. l T Mr
wilUng to Invest so many billion out that unemployment is gradu- oftTilS6-. tJr: Th Spermatic
n Europe since the war is eon- aHyc diminishins: that money la 1' wnir retain. any
vincing evidence thai the govern- getting cheaper; that the fellow contracts the oneninJv!f ill. W?
we bold who hustles gets the business. I on ae average Case. -BeinV a
for that $11,000,900,000 are and make It plain that the pessi-1 I!:.5?ancement W ail former
safe. 1.1 List should no lomr b. tJrni. ."mp,If.n sUntan-
To one who will devote a mo- ted to stand in the path of prog- iahle and withswifLf!f!!
menfs study to the financial sit- ressj and prosperity. ' ?r tion no matter the it or
nntinn In thct rM i Ufn Y.-. I --, .n i .1- . I "-OI. - LArce tr rflffliml .ui
late war It is apparent that Am- ment maintain that an analysis operVuon. S-VSV?
erica is much more Jikely to en- wltfgh0w that, there- la nothing TWi instrument recelTedUhe on- - l
dure permanent prosperity as a so , radically wrong and that if ,y rd; ln Enaiandand' Bpaln,"-' -v
creditor than a debtor naUon. things look a. If they were coin SjStenLS.? - K '
e.nKiana s nower was traceable tA 1 1 a i Knw.wnwo i r """'" :
- 1 buwc ycvyir, 1 vt ohuvuddi, sir. ' Seelev Jias -
those billions of pounds sterling lit U only a reflect Ion of thpir doeamenU fram th. tt.x. d...
ihvested In other countries. .They own. ; incapacity and Inability nimenti Washington, ' D, C. t
orougnt commerce ana enawed adjust themselves', to chanced U yZZZl'rj- "e aa
BritI.h,hou.e. to dominate h, conditions. 1. , . ' : ntTZ&SS.
trade of many; countries. The "Swa( the Pesslmstr Ostracise mands prevent stopping "at" hny
pressnt, industrial Junrest and himjk Make ,hjta.eed : lonesome' otbir J1- ,B action, &
P of poverty In Qreat BrlUia Runittheirteani roller over; Un. noUce h7f W? LSH
arejduelnaUrgeparttotheUck if event FedrurtSl!
ut tae revenaes , tnat lormeriy l make It so unpopular to, talk I f -'-8eeiey. -
flowed I into British eoffers 1 torn 1 thln down' iin' LHonw or!r.-i 1 7 No. Dearbrrn