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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (April 6, 1929)
. , . What Corporations Earn
'Glancing over the Dregonlan for Monday, corporation report
how that these large .return a that the graduated Income tax
hounds are always demanding should be filched, need not necessarily
mean a large rate per cent on .the investment. For instance, there is
the Alligator company. In 1928 It made less than three per cent; the
American Home Products company less than four per cent; .the
National Department Stores company of which Unman Wolfe of Fort
land are a part, made less than three per cent; the Public Service
Corporation of New Jersey less than four per cent; the Indiana Refin
ing company lest than one per cent and so on. The International
Harvester Co., came up a bit, making 5.99 per cent In 1928 as against
4.71 per cent in 1927. And this is the way they run; Thousands of
Corporations lose money. Thousands of others go broke and yet the
old game of "baiting" the corporations goes merrily on and probably
will continue to do so so long as politicians can get into office .that
way, -OorTallls Gazette-Times . .
-Even Homer nods.
If the uniformly accurate editor of tne Corvallis-Ga-zette-Tlmes
had read the earnings reports more closely he
would have observed thafcthe figures were, "dollars per
.share not per cent. In the old days of $100 par value for
stock, dolllars earned ner share would be 'per cent. But
corporation financing maintains its innocence of high earn
ing power through the medium of ."no par stock" . ,
- Let us examine the reported earnings ot these compan
ies so far as knowledge of their stock structure is at hand.
American Home Products is a -no par stock, its last offering
to stockholders being at $44 a share, which means earnings
of over 8 on this cost. National: Department Stores is an
other no par issue, its last offering being at $40, which gives
an earning power pf about 7. Public Service corporation
is a real pauper. Its earnings are a little better tnan $j.uu
-per share; but this is a no par stock. In 1923 for each $100
share two no par were issued. In 1926 for each no par share
three no "par shares were issued. In other words through
the. multiplication table and
$3. a share is really 18 on the
t Indian refining with less than a dollar earned has arpar
of S10. so the earnings are something less, than 10. Inter
national Harvester has a par
in error for in 1927 it paid 6
new stock, and had a surnlus
; In the same .table were
has omitted including Canadian Westinghouse, $33.04; Gor-
ham Silver $8.23 : and Lambert Chemical $9.24. - The las
shows that the halitosis scare
terine folk at any rate.
; What do corporations earn? It is easy to pick out poor
ones and rich ones, depending
to Drove. There is just at hand the study made by the xia
tional City Bank of New York on coirorate eaniings for
1928. All companies so far
utilities, having earnings of
ulated by industries. The
shows earnings of 12.1 on
by taking each companies own
together. This serves to keep
so is Quite generous to the corporations.'
- The table shows interesting divisions of prosperity. The
woolen industry alone showed
other lines showing earnings
ing, 2; cotton mills 2.8; lumber and furniture ".5.1
railway equipment 5.7; sugar 4.6.
In contrast with the depressed industries stood out avia
tion with earnings of 34.6 ; automobiles, 27.9 y printing
and publishing 23, and drugs and sundries 24.5. -
Yet 1928 was4 a "presidential year".
There is less hostility
earnings of corporations because their stocks are now owned
by people all over the country. One of the causes of tne
boom in Wall Street has been
thousands of small investors anxious to share in the growth
of established and prosperous industries. . It is not' just
A gambling ; it is not just wild
mental revolution in the ownership of capital wealth.
"Growing Responsibilities of Business
rpHAT is the general subject
A -if the chamber of commerce of the United States for
the five days of April 29-May 3. We have just looked over
the agenda of 'the meetings. It has a sufficient number of
moot points of vital importance to keep its sections busy for
forty days and forty nights.
tion for an absence of frills
knots in the woodpile. a .
Here are some of the questions to be considered in round
table . discussions. - Under agriculture r "Does the develop
mentand growth of cooperative marketing depend upon f ed
r, eral and state aid ?" Under, industrial extension : "What
proportion of all plants built
ered to be . (1) unecononucally located to meet present day
competition, and (2). obsolete in commodities, plant, equip
" ment or management' Under government policy: "Should
government produce and sell
i ' city financing: "Are our cities
- And so on through such
tariff legislation, credit supply, city; traffic, ;employepm
ploye relations. ' o KWV
The U. S. chamber of commerce is one body which is
accomplishing something. - Its
shakers and after luncheon speakers. They are not afraid
to tackle topics that are loaded with gunpowder. The result
is that the Chamber is doing
the sentiment of American business and to direct in whole
some manner the formation of
If they get through such
- out blowing out several fuses
credit for a very unusual accomplishment.
Smokers ranked next to
fires' in Oregon timber during 1928, according to the re
port of State Forester F. M Elliott There" were 240 set
fires and 220 caused by smokers Campers caused 143 fires
and lightning started 154. The total number of fires was
1067 which burned over 18,937
. ber destroying timber to the value of $31,029. Losses on
'account of burning logs and equipment, etc., amounted to
$350,177, showing that the actual loss to the green timber
was almost negligible compared to the loss to logging equip
ment which was caught in the path of the fire. The total
; outlay for fire fighting' was $149,359.54, of .which only tlOM
roZaS was contributed by, the
forest control totaled $430,881.77. .,-?v --.
In West Stayton this week 150'people, young and old,
gathered one night for a program furnished by a Salem pro
fessional man.' The west Stayton community club was spon
sor for the affair. 'Thirty-eight other.organizations like, that
at West Stayton are doing similar service for their commun
ities by bringing together the boys and girls and their fath
ers for a time of fellowship and entertainment. Aumsville
sent its musical talent to West Stayton for the program and
West Stayton in turn will go back to Aumsville next week
to support that community in its endeavor. It is this spirit
of cooperation and friendshin which: builds a" county Salem
citizens would do well to acquaint themselves more fully with
the work of the community clubs in the valley.' . -
Portland has no particular need for a new $3,600,000
hotel but the whole town is jumping over the announcement
of Ralph D. Lloyd that he is going to improve his real estate
holdings on the east: side and put op a ten story hotel. ' If
Portland won't widen those streets for Mr. Lloyd we invite
him to corns to Salem where the streets are already wide and
the hotel is really needed. ' y:..
theprintingf press'the presen
original pax value.
of $100, but the report must be
or $6 a share in cash, 6 in
of about 6 left over.
some earnings which the editor
Is highly profitable, to the lis-
on what thesis you are trying
reporting except railways and
over $100,000, have been tab
grand total of 900 companies
net worth, which is determined
figures of capital and surplus
the per cent figures down and
a net loss of 1.5. The only
of less than 6 are coal mm
now than ever before to high
the coming into the market of
speculation. It is a f unda
of the 17th annual meeting
It rivals a publishers' conven
and a presence of all the hard
" ; - :
prior to 1920 may be consid
hydro - electric energy." - Under
contracting 'ja. permanent, non
- . ' J ,
topics as mass merchandising,
officers do not pose as hand
a great deal both to find out
that sentiment. '
an overloaded urogram with
we will give the men in charge
incendiaries as the causes of
acres of menchan table tim-
state. Other, expenditures in
of Opinio (root
Statesman -Readers are
Welcomed for Use tm this
cobras. All Letters Xut
Bear . 'Writer's Nome,
Ttxmgh Tblt Need KtC a
Of all the seasons that we like.
Tho ono that aires the most de
Tjhis Is the time we hear the sweet
'And the time that straightens
j our mareeued curls; .
This Is the time that the daffodils
' Also the time to dig up the sod;
This is tho time to wield trowel,
hoe and rake.
To prepare for the seeds that
the birds will sure take;
This is the time to look at the sky
and fearfully wonder
Whether it will sun shine, rain,
snow, or thunder:
This J tho time when good house
's wires elean house.
.. .And the time the poultrymaa
. looks for . tho - despicable
louse; , -
This la the time when the whole
I world seems changing : -
But the monthly bills, and the
cog who goes ranging.
Way all this grumble and fretful
' That wrinkles and creases your
placid brow, -
As you, dig and delre in the pun-
- rest sod,
TiU your back's all "achy," and
you're ready to nod?
Do you know that it is Spring, '
And ereryone's doing the rery
4 Mrs. GEO. H. LEAVELL.
" Salem. Ore., April 2, 1929.
To the Editors of The Oregon
The joint annual meeting of the
board of deacons and the board of
trustees of the First Baptist
church: was sold last, night and
among other things that was done
they instructed me," and It is a
pleasure to do It, to write you a
letter expressing -oar thanks for
your many kindnesses in tne past
towards our church and tho gra
tuitous publication of the weekly
notices of the Sunday services.
our appreciation is sinceree and
wo wish you every success in your
new field. Again thanklnr you.
I am, in behalf of the deacons and
trustees and congregation of the
First Baptist charch. . ,
i., ; C. O. Rice, -.- ' ' .
. Sec'y Board of Trustees.
I April f. 1S2S.
The New Statesman, .
- Tho American Legion Auxiliary.
Capital Unit No. f has undertak
en the ask of seeing- that the
grarea of all World war veterans
mot otherwise marked are marked
with a government head stone, If
the famines of tire veterans went
tho government stones.- This ap
plia to the four-local cemeteries.
The United States furnishes a
headstone for the marking of the
graves of World war veterans very
much like those of the G. A. R.
and Spanish war atones. These
stones may be procured by filling
out the proper application blanks.
There I no expense attached as
the" government makes no charge
and event pays all freight chargs.
Through the kindness of local
men there will be no . drayage
charges even at this end as vol
unteers haTS offered to v deliver
them from the freight. sUtlon to
the Tarious graves in the eema-
Caught in His Own Trap!
Ete f or Bireakf ast
By K. J. HENDRICKS
About the burial places
' Of Oregon's outstanding men of
her pioneer history, inquired
about by U U Knight of Atlanta,
Ga for his -forthcoming book, i
mentioned fa the statesman of
yesterday, a great deal might be
said, of a long list.
Mr. Knight inquires partclular.
ly of tho graves of five. Taking
these in order of the inquiry:
Benjamin F. Harding, U. S. sena
tor from 18S2 to 186K. was buried
In the cemetery at Cottage Grove,
Oregon. Samuel R. Thurston. Ore
gon's first territorial delegate in
congress, was buried in the Odd
Fellows cemetery, Salem. His
monument, buUt by the people
of Oregon, occupies a place in the
roadway entering from tho east.
The shaft is one of the most con
spicuous in that historic burial
Rufua Maliory, congressman
from Oregon, 1867 to 1889, who
died in Portland April SO. 1914.
was burled in tho Rlverview cem
Stephen F. Chadwfck, governor
of Oregon, 1978 to 1878. was bur
ied in the Odd Fellows cemetery.
George K. Shlel, Oregon con
gressman, 1861 to 1963, was bur
ied in the Odd Fellows cemetery
here. He met death -by aecldent.
railing into one, of the entrances
from the street to the basement
of tho WUlamette hotel, December
12, 1893. That was the second
name of tho hotel.' It was first tho
Chemeketa: generally spelled in
those days Chemekete. It Is now
the Hotel Ifarion, rebuilt and re.
named some 2ft or more years ago.
Mr. Shlel had been a -resident of
Salem for a long time, inconspic
uous compared with the import
ance of his place In history.
Mr. Knight can find many his
toric graves la , tho old. Oregon
Country, worthy of a place in the
book tho materials- for which he
Is collecting. James ;w. Nesmlth,
buried serosa the RIckreall from
his farm home, was Lincoln's righi
head man. In matters of finance
during- the war of ' the states.
Though sent to the United States
senate ? as a democrat, he loyaUy
supported all war measures ' of
Lincoln. '-' ;r: v
Jesse Applegate's grave is on
teries. , The . only expense at
tached win be that of setting the
marble stone In concrete, which
win bo about ii.se. . .
Application for the government
stones may be made only where
the grave of the veteran Is not al-
rady marked with a permanent
marker. They may-te secured
for the graves of soldiers, sailors,
marines and army nurses whether
they died in the service or after
being mastered ; out. providing
they received honorable discharge
frrom service I Thoso -: eontemo-
lating the removal of graves to
the American Legion circle in the
City View cemetery should make
such arrangements before .they
have a government stone set.,:
X have . tho application blanks
necessary and will appreciate it
very much If ; those desiring the
white marble government atones
will call me on the .phone or
write me- at the earliest date pos
sible so that all blanks mar be
sent to Washingtoa together at
the soonest possible time. Can on
tho phone 2570-M or write '.-
. Mrs. Robert F. Budrow,
1825 Fairmount St.. Salem.
Chairman cemetery committee.'
his homestead at Toncalla, mark
ed by a small and crumbling stone
He was one of the big men of ear
ly Oregon history; a member of
tho convention that framed the
state constitution; a leadlngactor
in many epochal events of his day.
Jason Leo and his two wives
and his Infant son and his daugh
ter and her husband rest in Lee
Mission cemetery, Salem, with
others of the workentt-wlth him
when Oregon was a foreign coun
try. Tho grave of Rev. William
Roberts, second after Lee to wear
his mantle -of authority, is at Day
ton, Oregon. The bodies of J.
Quinn Thornton and his wife, con
spicuous in early Oregon history,
rest in unmarked graves in Lee
Mention was made in this col
umn of yesterday of The States
man and the Oregonian, the oldest
living newspapers of the old Ore.
gon Country. Also the oldest west
of the Rocky mountains. But there
had been published, before these
newspapers were started, a paper
called the Oregon Spectator, bo-
ginning in 1846; a semi-monthly.
It was discontinued, then revived;
then, In 18S0, made a weekly;
discontinued - for good In 1855.
The press went to Eugene, to print
Harrison R. Kincaid'a Oregon
Journal and the writer of these
lines' was the pressman in '81,
'83 and '83. It was a Washington
hand press. y
The first 'printing done in the
Oregon Country was on a press
and with type and oh paper sent
by the Hololulu mission church
of Rev. H. Bingham to the Nes
Perce Indian mission of Rer. H.
H. Spalding at Lapwai associat
ed with the Marcns Whitman mis
sion at WaaUlatpu, among the
Cayuses. IS. Ot Hall. ' a printer,
came with the plant, and the first
printing done in the Oregon Coun
try was the publication-of a boojt
in the Nes Perce language, and a
second, book , in the Spokane In
dian language. ' v
McMrNNVILLK FORGES AHEAD
Building-permits for McMlnn-
TiUa have passed the 8100.000
mark this year. Permits for March
totaled 821.350 ind include two
service stations, - two residences
and a business buUdlng. - :
"IP SHE BUT KNEW
-- - f 5 . "-
v TF she but Knew that I am weep
, -Star for her sake, , 1 - ;
That love and sorrow grow with
keeping . .
TBI they must break.- : T
Ify heart that breaking win adore, I
uc uiu we; . .. -
U she might hear me once in ;
piore her,'" ' --'
Would she not sight ; ' : . S .
- ' r . : t-
U sh hut knew t.hat it would save
- me '.'v j. & -.' -7"-
: Ber voice to hear, V i "-'
Saying-she pitied me, forgave tne.
Must sh forbear T . ;.
If she were told that I was dying; .
woxua sne be dumb!.
Could' she rcontent herself with
- .sighing! v
wonjd she not comet, ' J; '
-Arthur yS7ianhne4y. -'-
NEW YORK. AprU 5 (AP)
Ninety-three- Investors in the pro
posed 8100.000.00e - realty de
velopment of Boca Raton, Fla.,
today filed suit in supreme court
to recover 81.450,000 from offi
cers of the Mlxner Development
corporation, sponsor of the pro
ject. ,;:,','''.' W. '
" Among the plaintiffs are Maxi-
milliaa Morgaathau, son ot the
former ambassador of Turkey, and
Douglas Cairns of Miami and New
York, who charged- with others
that T. Coleman Da Pont, former
senator from Delaware, Jesse L.
Livermore, Wall Street operator,
and 10 others of the corporation
conspired to inflate the value of
Boca Raton values.
' Although the corporation went
into involuntary bankruptcy in
May, 1827. with assets ot 856.000.
tne complaint charges that the
project netted 19,000,000 in sales
after it received the backing of
social and financial leaders.
To Close; But to
Rosedale, Apr. 5. At a spe
cial school meeting Monday eve
ning it was decided by a vote of
17 to S to hire a bus to carry
school children to a nearby dis
trict the ensuing year, instead of
hiring teachers here.' , .
Mrs. . Dick Allen and Wayne
Glover have returned from Cali
The Ladies' Misiohary society
met with Mrs. C. Tucker Wednes
The school nurse visited school
and. made - some examinations
Floyd Bates ot Albany was a
business caller in the community
SILVERTON, AprU I. (Spe
cial) Sheldon Cunningham is
now the Silverton agent for the
Oregon Statesman and the Port
land Telegram. Headquarters tor
the agency are at Cunningham's
confectionery, 218 Main street.
Pioneer,' 92 is
Dead; Funeral to
Be On Saturday
JEFFERSON." Anrll S. Mrs.
Sarah Reeves passed away at her
homo in Jefferson Thursday
morning at 8:30 after a few days
nines, at th tn nf St ur
Funeral services will be. April., S
at 2 o'clock at the Methodist
Easter Egg Search
ROSEDALE. Anril E Rtnr-
day afternoon,, 20 children of the
Sunday school participated in an
Easter egg hunt on the ehnrch
lawn. After tho eaa-a were fonnd
games were played and refresh
ments served by Mrs. Gus Cole,
Mrs. T. D. Trick and MissLanra
Miss Laura Cammaclr ' ntr.
tained a few friends Frldav ova.
nlng in . her . home here. The
guest of honor was Gerald Pear
son, a Stanford student. . Games.
music, and conversation! formed
the diversions of the evetd&g. The
other guests were: Mildred Can
nay. Carol Kiser. Rub v. TTir.
John Trachsel and tho Cammack
The Young Peoples' class had
a rollicking good time at the Car.
ier nome Saturday evening
Kellogg JUWithi I
Cold Aboard Ship
PLYMOUTH; England.' Apr.' i:
(AP) Frank. B Kellorr. f Ar
mor secretary of state. -was HI' In
bed with a cold when the steamer
no m France reached here today.
Mrs. Keilorar said , that rt am
quiet were imperative, although
mere was no cause for anxiety.
The Kellogg party proceeded to
Havre - enront tn Part, on ttta
liner and expect to be in London
at me ena oi tne week.
Young Lad's Body
Is Found Frozen
GORDON. Neh. An 1 -t k
-"The body of Melvin Reeves. ,
wno was tost in a snowstorm here
three weeks aro. waa tntinA
tonight by a neighbor, tour miles
south of the Reeves ranch. ; On
March IS dnrt.r
tho boy had gone to a pasture In
aearca oi a lost mitten. He never
returned.. ", , f
Foul Play Aboard
r Sthooner Feared
ATLANTIC CITT. M I a
-(AP) The schooner yacht No-J
ma. xiying me colors ot the New
icra iacai ciao.rwas seised by
the coast guard and towed to tho
harbor at Cape May today. John
B. Srofleld of Cape May, said to
be the- aaUln? mafi. fnmtfiai
with the log were m Losing.
Continuaiton of Rotating Anny Offices
a ' ' : i . -
By JAMZB W. OOO0
' Secretary t War .
Ur.IUpilc. I... ft.pt. Jl. 18. H to
ias ii L L B. m th. Uaivenitr
j vi.iM. rM taos to 190$ ks was
city sttoraty at OUmr toid. Ha was
from tk. Uttk lava- Siatriet. latrring
atU 192S. For tvs litmi ha waa ehar
ataa a taa eaauBittaa aa appopriatoaa.
H. tken raraaud hi law practiea,
Chieato, aaUl raeraUy, wh.s
BoiatoA s.iratary ! war by Fraaidaat
HooTar: His home is bow la tb.
THE Question of reappoint
ment of bureau chiefa and
their assistants has been un
der consideration by me for a
considerable period. ; - "
Under the. national defense act
es are not" eli
gible for selec
tion as combat
ant general of-,
fleers of the'
lino of the
army. In order
that more offi
cers of these
nave the pros-
pject of becom
service It would appear desirable
and m the interest or inese ae-
nartTTiAnta that annoltitments as
chiefs of these branches be not
made permanent in character. ;
I II HI' Mil' I lM'iTl1Tfl 1.1
Ghiei Feature of Funeral
Of American Ambassador
PARIS, April 5(AP) With
the democratic simplicity that the
late Ambassador Myron T. Her
rick ever sought, in his dally life.
his body traveled westward to
night on its last journey home
aboard an ordinary baggage car
of the French state railways.
Unprecedented honors from the
French government and the
French people marked its progress
from the embassy to the church
where funeral services were 'held
today. The honors wifl be renewed
at Brest tomorrow when the cruis
er Tourrille, finest new unit ot
the French navy, weighs anchor
for New York with all that Is mor
tal of one of tho greatest friends
ot France aboard.
Honors Greatest Ever
. Never old a diplomat or for.
eigner of any walk or station of
life draw from nil classes of so
ciety such a unanimous manifest
ation of sorrow and sympathy as
has marked the passing of the
Ceremonies In honor of his
memory today were fprmal and
official to the extent of corres
ponding rigorously to the-' diplo
matic protocol, yet scarcely ever
before did such cold formality
succeed in detaching itself so com
pletely from pure state or political
consideration u ' iaao on m rent
human, personal glow of senti
ment. From heads of the govern,
ment and army - leaders to the
common people: who lined the
streets through which he funeral
procession passed today, every In
dividual showed that the death of
the ambassador was regarded as
a personal bereavement as well is
a loss to France. .
To Selected Few .
Attendance at the eercnoor ne
cessarily was limited to a chosen
few hundred who coald bo accom
modated in the American embassy
and the nro-cathedraL Hnndrcda
of thousands of persons showed
their resoect for the dead ambaa-
sador In other ways. All who could
find a vantage point on the route
followed by the cortege stood
bareheaded- In tha aharn aW air
Those who could not do even that
remembered- the ambassador at
the hour of hi funeral.
General John J. Pershlnr nmL
nouncsa sv euiogy ot nis - great
friend with a gentleness that con
trasted strangely with his usnal
martial bearing. Talking In soft
conversational tones. General Per
shing stirred such stem warriors
as Afarshal Petatn. Marshal Fran
chet DEsserey and General Gou
raud to unusual emotion. .
Poincaro Delivers . , J "1. :,'
Feeling Address ;1 5 ;T v"
Premier.,; -Poincar r seemed to
have felt strongly the Influence
that has surrounded Ambassador
Herrtck's bief since his death. He
rid himself of his habitual cold
and .formal eloquence and the
sharp tone with which he usually
speaks changed to a : mellowness
rivaling General : Pershing's and
If ' It V
V . .i
, For the above reason It is de
sirable to establish a general
principle of rotation in- the
branches for the benefit ot the
service in general and in order to
provide greater opportunity to all.
While there may be occasions
when the best Interest ot tho ser
vice may necessitate exceptions,
X have adopted a general policy
of rotation concerning appoint
ment of chiefs and assistant chiefs
ot bureaus as I believe that the
application of this general prin
ciple is in accordance with the
intent ot congress and for the
good of the service as a whole.
I desire to emphasise the fact
that it is our policy to maintain
in time ot peace only a skeleton
ized army and that it Is therefore
of the utmost importance that the
chiefs of branches should bo high
ly efficient at all times to meet
any emergency that might arise.
I think that this might bo assured
by rotation In office that would
bring periodically to the highest
position in branches, men who
recently ' have had Intimate con
tact with troops and field services
and who will, in consequence,
bring fresh seal and enthusiasm,
progressive; ideas and recent var
ied experience to their task, thus
vitalising the whole military es
tablishment. The poUey announced by my
predecessor appears to be sound
and in the Interests ot good ad
ministration. It will be foUowed
in the future.
bringing tears to many eyes.
The name of the deceased am.
bassador ; has been linked every-
where with that of Marshal Foch.
For the French people they go
down together in history. Ambas-'
sador Herrick's insistence on
walking In the procession at the
Foch funeral and on sitting in the
stand throughout the ceremony
at the chapel of the invalides is
generally accepted as having hur
tied hJs end.
MEXICO CITY. Apr. 5. (AP)
Colonel Charles Ac Lindbergh
and his fiancee. Miss Anne S. Mor
row, left this evening at 5:40 tor
Cuernavaca to join Mrs. Dwight
W. Morrow and her other daugh
ters Constance and Elizabeth In a
flying visit to the country home
of the ambassador there.
Mr. Morrow stayed in Mexico
City to watch the revolutionary
situation and to speak tonight over
long distance telephone to a grea.
er New Jersey dinner .of the New
Jersey state chamber of commerce.
, Miss Constance Morrow after a
ten day Easter vacation with her
parents: here' will fly to Browns
ville, Texas, on the regular air
line on Saturday enroute to Mil
ton academy in Massachusetts
where she Is a student.
Mrs. Morrow with Constance
and Elizabeth went to the country
residence this morning. The entire
party was expected to return to
Colonel Lindbergh-this morning
made two hour flight over the
city in an airplane in which he
arrived here on Monday. He pass
ed over the United States embassy
and gave his fiancee and her fam
ily an -aerial salute. "
Face Charges in
; City ot Seattle
SAN FRANCISCO. April 4
(AP) Three San" Francisco stock
brokers,, charged with using the
malls to defraud in Indictments
handed .down by a 'Seattle federal
grand Jury, today consented to re
turn to the northern city and face
:The men are Walter D. Forsyth,
well Jcnownrtocal broker, Harold
.Harris and Meyer Morris.
;When - theyjappeared before
United 1 States commissioner thl
afternoon, after having been ar
rested by Postal Inspector George
E. Moser. Seattle, each posted
bond ot 12.500, Forsyth deposit
ing the bond in 1100 bills.
; Ind how! A couple o(
1 flips on the strop and
, tKat even the stiffest
beard seems like peach
Aa - ; cleans without re-
vl ' moving blade ... Try Ut
-aW x , w ,