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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Jan. 9, 1927)
THE OREGON STATESMAN, SALEM. OREGON SUNDAY MORNING, JANUARY 9,1027 - MASSIVE VAULT ADDS TO DAI'S S ram Door'VVniahs 80.000 Lbs.; 4000 Boxes of Modern . Type Installed ,t y norw r i t y for otir de-positojJV-vid y our new vault." srTKHiott. vko president of tho Sal-m 1 lank of Commwe. Bald last nit. "We are arrang ing to si in Into place tomorrow the most naive yault door ever Installed In the slat- of Oregon." Tlil.- door Is described as weigh ing S0.000 pounds, being 1C Inch es thick, with 12 of those. Inches ftre-reaisting metal. The opening I is extra large. This account for the fad that the door can. be called the biggest In Oregon. .The vault door itself In 8?H inches high, and 35 4 inches wide. The most massive bolts in the state will lock this door. Each bolt is three and even-ightbs inches in diameter, and there are 24 bolts. Thre are two combina tion time-locks that govern the opening of the vault, and four movement time-locks. The vault is proof against bur glars, fire, shocks, and other haz ards. It is built of reinforced con crete and lined with steel. A separate vault opens from the safety deposit vault. This separ ate part will be used for the bank's coin and securities." It -will have special coin lockers and safes. The safety deposit vault will contain room for 4000 boxes of modern type. The box locks are of special design and there Is no possibility of duplicating keys, it is said. Appearing at the Oregon Theatre 1 x. Vv I f- 'S x HI, Mil SI .Y BETTER similar Kiukiaw uthreak Occurs at Women Flee to fVarships LONDON' Hankow. (' rnyiil. hts. !iav' l--n there ly t Jiin. 8 1 API At diiiiit. wluro t?io forefeti art icnlarly the Uritish, niaiffer.'l for t he past i- iniiampd "'P"'4' ; the tn st tirs in mi' :i I riii imji 4ti i ... .. SEEN A OWN. MATTHEW BET end JOSEPH SCHI1.0KRAUTf a sctne from SHIPWR.eCK.6D" Rjtlemi'd Ay PROOUC&RJ5 OISTIJBUTI NG CO R.P.OA Ti O T does not believe either the bankers or manufacturers can control it. C. S. Woolworth, chairman of the board of directors of the P. W. Woolworth company, states that he cannot see any advantage in installment buying saying that the price of the articles is bound to be higher; that the installment purchaser very often buys what he can very well get along without and that the family or individual is happier and more contented if cash is paid. Answers to the questionnaires show a diversity of opinions as to what constituted essentials and non-essentials. "Channel Swim." Latest Craze at University Pantiac Six still sweeping to ward unchallenged leadership. Landau sedar $895 f- o. b. factory. Easy to pay on General Motors time payment plan. Vick Bros. () TIME PURCHASE SOUND, INVESTIGATION SHOWS (Continue from paf W. G. Krueger. realtor, progres sive, fair, equtable. Growing city and country makes possible buys that will make you good money. Complete listings, 147 N. Com'l. () sittV B 7 i t Ax Mte portion oi iefc? Yes. i: l) No 2. (3) Had a tendency to level the summer slump in buying? Yes. 804; No. 353. (4) Affected the amount of savings accounts? (An ambigu ously worded question to which the answer has little significance as it is not specific as to whether the effect, la good or bad). Bank ers contend it. has an excellent ef fect on saving. (5) JLed tasa. dangerous credit situf Jl? Yes. 674: No. 622. . . , 1 l J Vm of purchases of luxur- 238: No, 116. (7) Had the psychological er fect of inducing purchasers to "plunge" without sufficient reali zation of eventual payment? Yes. 980; No, 266. (8) Reduced the amount of money available for Investment? Yes, 784: No. 450. (9) Increased the cost of goods to the consumer? Yes, 981; No, 315. The Oregonian says that the statistical department of the Lum berman's Trust Company bank of Portland digested and classified the findings of the survey, and from the thousands of replies the following conclusion is based on the majority of answers: Installment buying is the back bone of America's prosperity, by leveling out the production curve. It has almost banished unemploy ment, creating more Jobs through the increased production made necessary by the tremendous con sumr demand. It hs reduced the average cost of necessities and luxuries through quantity manu facture. H has increased wages, encouraged thrift and ambition. pr-ven:ed spasmodic business de pressions and made it possible for tb- wage earner of America to find contentment in the possession of those things which even the rich of other countries seldom can afford. Thf minority opinion holds, the rev spa per states, that "Install-nf-n buying and selling is a men ace., rausing the workman to pled.-.- his future and place a niortpae on his earning power, which will tend to bring a reckon ing lay that will shake the credit m run ure, should 'hard times de-v-lc ,i. Tii- Oregonian says that specific opiiiions were requested as to the pen.ntaxH of working men's fu ture wages in the cities surveyed that was mortgaged for purchases on deferred payment plans and the average arrived at was 39 per More estimates were asked, the ncws.:por states, as to the per "!Ha; of installment buying that f r the purchase of homes, aitomi. biles. clothing,' jewelry, radii., non-essentials, furniture, ;i-hint inachnes, and other essen jZir.ti houM-hold equipment. When the average of these re M is w re figured the newspaper the results were as follows: IlMiies, ::s per cent; automobiles. I" r . nt; clothing, 9 per cent; 3-w. iry. radios and non-essentials, 1" per ..-at. and furniture, wa-.'i-"ip ma. bines ani essential house-' h.-U equipment. 18 per cent. 1 he fr,irTf.y ghows SO me mur' ed "ifftreDn-.s of opinion on the wis 'lom of installment buying. Thom as A Edison in his questonnaire that installment buying tends l"'Te;tsi). OREGON ASKS BUILDINGS I'liivi-rsity Regents Prepare Three H-luestN EUGENE. Jan. 8. (AP) -Urging immediate action on the part of the state legislature in pro viding for the building needs of the University of Oregon, the board of regents, which met this afternoon foT the first time with President Hall, adopted resolu tions which pointed out three-fold needs as follows: 1. The building of a first unit of a modern library building that will provide adequate library fa cilities for a growing student body. 2. Building of an infirmary and dispensary that will provide rea sonable care for the sick. 3. Establishment of a pension system that will enable the uni versity to retire its instructors who are no longer able to carry on their duties. EUGENE. Jan. 8. (AP) The cross channel swim craze has struck the University of Oregon campus at a rather belated date, but Coach Abercrombie of the swimming team has recognized its presence, and will conduct a "channel swim" in the Oregon pool patterned after those inaug urated -by the Brooklyn Central YMCA. which is now being copied throughout the country he an nounced today. All swimmers, except those on the frosh or varsity teams, are eligible for competition. Each will swim 20 minutes a day for ten days. At the end of that time, the man having the greaest num ber of laps will be declared chan nel swimming champion of the university. VARE STRIKES OBSTACLE WASHINGTON'. Jan. S. (AP) - Another obstacle was thrown today into the pathway to the sen ate of William R. Vare, republi can senator-elect from Pennsyl vania. Tt was in form of a petition of contest of his election by William B. Wilson, labor secretary in the Wilson administration, who charges that Vare became the ben eficiary of wholesale frauds in registration and voting In the No vember elections. Wilson, as a democrat, opposed Vare at the polls. improvement in the situation. A similar nutJhre.uk. however, has oc- enred at Kiukiang. about 140 mile down) the Yangtse river from Hankow, slnd from both places women anld children have been taken aboard warships and are proceeding to Shanghai Communication from Hankow- remains slow and uncertain, and the outcome trembles in the bal ance. Lattest press dispatches re- ceived in ifjondon bring the record only to li'riday night, but the British government had a dispatch this roornpng indicating that the British consul had arrived at an agreement with the Cantonese foreign mniter, Eugene Chen. By thi agreement the British concession was freed of Chinese soldiers and the concession poli cies by natives under British con trol. Business pressure seems to have brought abot t the amelioration. Chinese mer oants complained of the impossibility of doing business while British and American busi ness houties were closed and ad vised the BChen government to re store theold situation in the con cession. jThere is no word yet, however. : to show whether the business men have returned to their offices and stores. There is an unofficial report that the foreign powers have agreed to regard as an act of war any attempt on Shanghai, and still another report that the Peking government is planning violation of the foreign concessions at Tien tsin. It is understood that the agreement reached at Hankow stipulates that no crowds shall be allowed ' to assemble along the Bund and that British subjects shall not be molested. The w-ar office took little notice of the Kiukiang situation, but ad mitted that events seem very similar to those at Hankow. to Albany: Rev, A. Rippey, who has been in Albany, will go to the Portland West Side church, and Rev. V. P. Hulse will take charge of the Vancouver district. The official announcement from the Western Oregon conference committee, of which Itev. I. J. Woodman i. chairman, said: "We believe that the districting of the conference has proved a t;reat blessing to our constituency, ir.d it has seemed to stimulate of ferings of foreign missions in tfco churches, as we us a conference .re about Slw'.OOO ahead of t h. previmi-, y.-;i "Koreijiii mission offerings for ienn inoiit .. -. f this vear at 4-"a cents per member. as compared to 3S cents at this time last ear. As there are ap proximately 4,0o0 members in the conference, this means That about $S1.600 was given by the mem bers of western Oregon for for eign mission advancement during ;he first eleven months of 1926. ' Our harvest ingathering to the early part of lecember stands at S1S.771.:. only $1300 from the $20,000 maik". (This also goes to foreign missions.) "We are encouraged as we visit the churches to fee so many mis sion banners in Sabbath schools, a good gain over last year. We hope that we will see many more Sabbath schools come to tne front in 192T. Our gain in Sabbath school offerings for the first 11 months of 1P26 over the same period in 19 25. is 2 cents per mem ber, being 21 cents at the end of November as compared to 19 cents last year. "Mrs. Gehman. who has worked in i ne western wregon couierence office for a number of years, an swering the call to mission fields in Central America, left -Portland the morning of December 15 for San Francisco. This make the 13th worker from western Oregon to accept a mission call in 19 26." Civil War "Rag Money'V ' Located in New Mexico and it wks printed whrn ConfedV erate troops occupied th lown'frii the earlyl years' of the war. II 1 RETURNS TO HOME IN SAI.EM SILVERTON. Jan. 8 (Special) Mrs. Alvin Legard returned to Salem Friday with her little son. Denzel, who has been ill for a week at Silverton at the home of his grandparents. Mr. and Mrs. W. C. Larsen. The little fellow is now getting along nicely. Street Cars in Germany Equipped With Mail Boxes BERLIN (API Letterboxes on street cars are an innovation in the German postal system. Boxes similar to those at the street corners are attached to the rear platforms of trolley cars on lines which pass the main post office or Important branches. Persons desiring to mail a let ter wait until the car comes along, step up behind it and drop the missive in the box. As the cars pass the post office or branch the boxes are opened and emptied. ES FOR SOME DISTRICTS Adventist Minister Transfer- red to Astoria; Head quarters in Portland 'mnfn h.ivp recent lv in the ministerial Several c 1 en mad forces of the Western Oregon con ference of Seventh Day Advent irts, which has its headquarters in Fortland. After spending four years in the Salem district. Rev. N. O. Ernt sc.n will locate in Astoria; Rev. J. T. Jacobs will remove from Vancouver. Wash., to Salem: Rev. Ross Dustin will go from Astoria - production; that, it Is in volume and that he CI January earaoce Sale Draperies at a Saving You Cannot Afford to Overlook Our Entire Stock deduced from 10 to 50 By far the greater portion of this stock is new and up-to-date, having been purchased since September 1 last. There is damask duplex silks mixed rayon and cotton sunfasts cretonnes and the lower grades of cot-4 ton materials for overdrapes, also the well known scran ton luster lace panel curtains. All grades of plain and figured filet nets marques etts and voils for glass curtains made up ruffle and panel curtains. In fact a complete stock of hangings for every room in the house at a reduced price. Odd Lot of Window Shades , Sizes to 36 inches wide 75c each Sizes to 45 inches wide $1. CO each Sizes to 54 inches wide $1.50 each I GIESE-EONERS i Credit U17liitJUre Interest New Path to Sleep Rests In Formula of Ten Words NKW HA V!-:N. Conn. I API tion as a path to sleep. -ilm :iTid re-uful. may often be found in ten words, ea b lo be thought of in its full meaning, says Rev. Dr. Charles K. Rrown. dean of Yale Divinity school, lie ha.s used the formula himself and through it many times had end wakef illness. Each word should be thought of slowly and separately until restlessness disappears and the subject is mentally in harmony with the meaning of these words which, in order, are : : quietly, eas ily, restfully .trustfully, patiently, serenely, peacefully, joyously, courageously, confidently. MESILLA. N. M. (AP) A rare piece of "ras money" of; Cieil war days ha just been dis covered In this little town near the Mexican border. The yellowed scrap of cloth was found hy a souvenir hunter in a budget f old documents and is the only specimen, of its kind known to exist west of the Missis sippi river. Its face value was $2 ArSTtUMA CKTS AI'TO ' : -: Ton thousand automobiles and trucks will be made in England 1927 and ; sent to Mei- during bourne. Anslrnlla. Ashland. Wilson UiVer high way, or Tillamook Cut-off, estim ated to cost $4.000,000,. miles. Tart ot the wayj $120,000 amilo. for 53.77 will cost GIRLS ON RIFI.K TRAM Eighty-five girls of the I'niver sity of Kentucky are candidates for the women's rifle team, a new record for girls seeking honors in markmanship. The V. S. Chamber of Com merce demands that the treasury surplus, estimated as high as S500.000.000, be applied to early tax reduction Recording to the Coolidge plan. Rooms for Rent CLEAN, SANITARY, jvioDERN V ROOMS FOR RENT By the Pay, Week, or Month Hot Water Heat Three House under personal super Mrs. R. Morris Bathrooms vision of 6-4-5 Marion Street Telephone 2471 GIESE-POWERS urniture Cbmpany ? 10to50 Discount at 10 to 50 Discount CI You Can Buy Better Furniture and Pay For It on the Giese Powers Plan. $ 50 worth of Furniture ... S 5.00 cash $1.00 week $ 75 worth of Furniture $ 7.50 cash $1,50 week S100 worth of Furniture.. ...$10.00 cash $2.00 week $200 worth of Furniture. .. ..$20.00 cash $3.00 week S300 worth of Furniture $30.00 cash $4.00 week $400 worth of Furniture . $40.00 cash $5.00Aveek We Charge No Interest on Deferred Payments Four-piece Bed Room Suite In Shaded Green Ivory or Yellow : v- - $9.00 CASH $98.50 $1.75 WEEW T - M i In the four pieces of this bed room suite, originality of design simplicity of pro portion -beauty in Finish combine in making it a suite that is pleasing to the eye a splendid addition to any bedroom. The pieces are full size bed; 3 6-inch chiffonier with four drawers, semi-vanity with plate mirror, and bench to match Rag Rug Special Full 27 inch by 54 inch close weave, hit and miss pattern colored borders, SI. 50 value our present stock Qf only OUC Certainteed Rugs All 1st Grade NO SECONDS Felt Bake Material 6x9 ft. 1 $5.45 7 ft. x 9 ft. $6.55 9x9 ft L $7.55 9x10 ft. 6H $8.45 9x12 ft... .U $9.85 All 1st grade, no seconds, felt base, 61 ft. wide floor covering in large assort ment of patterns, all perfect per square yard 17 V. Rugs! Axminsters I si Velvets Wiltons IS.U2 Real Burlap Back Linoleum 6 ft. wide print linoleum, sq yd Olf C Inlaid linoleum, several pat terns. Up to 100 yards cf a pattern ia per sq. yd... .' PlIl7 10 to 50 Reductions on entire stock of rugs Our orders come from our rug buyer Mr. John Casey, Our rug buyer, has just returned from the rug mills, comes, "Mr. Giese, vou must cut your rug stock to one-half its present size by inventory time, Feb. 1st, and that is just what we intend to do. We feel sure with our beautiful and most complete rug stock, we will' be able to reduce our stock to one-half its p resent size. Bed Special Full size Bed, 2 inch con tinuous tubing with 5 fillers -in the ends finished in; Ivory, or walnut. 40 pound cotton mattress builjt layer on lay er (not Stuffed) covered in good grade spring with the Giese-Pow- ers guarantee. ticking. Coil Satisfaction guaranteed or money back. Complete, m your home... $3.00 Cash $ Di $25.75 00 Per Week w ivory uressers 36 inch Ivory Dresser 16 by 24 inch, heav; r plate mirror. Dresser has two large and two small drawers $16.75 Ivory Chiffoniers 36 inch wide iers, three- large, ancf fovo 'small drawers A real val ue. Use I Your Credit i 10 to 50 Discount on furnishings for the entire home 36-Inch Ivory Desk 36 inch ivory GIESE-POWERS jumiture Company vory Chiffon- $11.90 bedroom Desk with; two roomy drawers and hand cecorct:ons .: $7.95 We; Charge No Interest Tradfe Your Old Furniture As Part Payment on New MF!AfRI7!T? CiV CfWVKM TT PT A T A oeArT a two mrri . - LARGEST FURNITURE BUYING ORGANIZATION IN THE UNITED STATES m i: -1 -f - - -