The Oregon statesman. (Salem, Or.) 1916-1980, November 01, 1930, Page 1, Image 1

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    FINAL!
The Stat esmaaV most
successful bargain period
comes; to an end today.
A fall year by mall any
where In Oregon fa.
WEATHER
North wind, clear.: pre-
iirtkm for - today. Yester-
lay'e aaaxlninmt 63 de
grees; nlnlnnm, BO.
FOUMDEP 1851
EIGHTIETH YEAR
Salem, Oregon, Saturday BIorning,NoTember 1, 1930
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4
7
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t
1 'f,
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BHAZIL TAKES
. nurn nnniTni
UVUl uHrllHL
.Hr. .Vargas Hailed as.Corv
queror as he Comes to
Rio de! Janeiro .
Luis, Ousted Week ago. Held
Comfortabte Victim in
Fortress Library
v. . . . , - ;
rio db Janeiro! Oct. zi.
CAP) The Generalissimo of the
short lired Brazilian reTolutlon.
Dr. Getnlio Vargas, arrlred here
at 6:60 o ciocK tonignt to become
prerislonal president of Brazil
and was hailed as a conqueror.
Despite an intermittent drizzle
daring the day, great crowds were
oi.hand to welcome Dr. Vargas,
who was defeated for federal pres
ident In the election last spring
and conducted the rerolt becln
ing October 3. For bourse before
. his scheduled arrlTal thousands
upon thousands of spectators sur
rounded the railway station- and
' stood in masses along the avenue,
v watching the victorious southern
ftroops marching throukh the
- streets.
. The soldiers, most of the gauch
os f ro'm the pampas of Rio Grande
do Sul and other southern states
of the Brazilian national arrived
yesterday In advance of their
Hfta1n
"Festive Spirit In Ahr;
Flas Over Buildings
, Erenearly today there was a
festiTe air In this beautiful capi
taL The Brazilian? colors and the
state flag of Rio Grande do Sul.
were draped on all buildings in
the downtown section, while itinerant-
hawkers were busy selling
miniature flags and buttons bear-
. ing the likeness of Dr. Vargas.
Meanwhile Washington Luis,
ousted as president a week ago,
today was still a prisoner In Fort
ress Copacabana, forbidden to read
the newspapers but able to browse
though the garrison library and
haveala , meals brasght in from a
restaurant outside. The deposed
president etui refused to reslsa,
howerer. and he was held Incom-
n nnfmd n ataii on Ilia birtndaT.
, 'last Snndar. . ,
'QUAKE TOLL IS 31
a a V . -.a t A T
flEWll TO El.
C-Anew city ia rising, phoenix-
fit. ... 1. . m 0 Ik. A nMnA
4T Jiae,irom me asueo ui iu
laid I waste oy yesieruay
of earthquakes. The people who
fled In terror as the earth rocked
under their feet hare turned to the
job of reconstruction.
It was believed possible the toll
of dead and injured might be
somewhat larger than the -official
lists indicate, but the count re
mained at four dead here at IS at
Senigalla, where the quake struck
Its heaviest blow.-Publie officials
said la private they beuevea tne
Senigalla dead actually numbered
SS or more. . . t.
Some pi the Injured probably
"will die, too, for harassed physi
cians despair of saving the lives of
all the 300 officially listed among
the casualties. ' -;
Snow Flurries
Fall in Border'
y States, Report
ATLANTA. Ga., Oct. 31 (AP)
Southern temperatures dipped
to shivering levels last night and
today accompanied by snow flur
ries in three border states and
nenvy frost as far south as the
hnrean - Indications
U cold snap is In Dixie
for several days stay.
In portions of Kentucky, Ten
nessee and Virginia, light snows
fell. Louisville, Paducab. May
field, Hapkinsville and Harlan.
Ky., reported snow, while at Bine
field, Va., an Inch was recorded at
noon. . snow was general In the
Cumberland mountains. Flurries
also fell in Knoxville, Nashville,
Elizabethton and other Tennes-
tee points.
A New
Feature!
WITH pleasure, The
Statesman annonnces
that begiaAlntt Ssa
day It win publish articles on
health three times a week,
with members of the Ma
rlon Connty Health Unit fnr
nlwhlnaT the material. 4 -The
StrXesmaa ' has been
'consistent in giving Its read
ers dally articles on health
and it bow feels that the
very best possible material
will be (.reliable. Inasmuch
as local writers win collab
orate in preparing topics of
vital local Interest.
The Dr. Cope land articles
will be published three times
weekly. .
Questions 1 addressed to
The Statesman win be for
warded, either to the local
health vnit or to Dr. Cope
land as the writer desires.
gulfNcoastx.
werA that Ci
Sickness Stops
Political Talk
. ;: :- :' .. - ',
1
( .; :
vhfle a crowd' waiting for an at
tack by Mayor IUirv Thomp-
son on Sirs. McCormick, Chica
go's major was rushed yester
day to a hospital for ah appen-
41c
tcitls operation. , .
Fien TO LI
Doctor, two Jlurses at "Big
Biirs" Bedside After
Sudden Operation
' i :
CHICAGO, Oct. 31 (AP) At
10:15 o'clock tonight, Robert N.
Perbohner; a close personal
friend, said Mayor William Hale
Thompson "has a fighting chance
to lire; and it looks pretty good."
Physicians, previously, had
feared the encroachments of peri
tonitis infection following his op
eration for appendicitis.
Perbohner said he, a doctor and
two nurses would be at the may
or's bedsifc throughout the night.
v CHICAGO, Oct. 31 (AP) A
surgeon's knife brought a sudden
end today to Mayor William Hale
Thompson's dramatic entry into
the final of a furious - political
campaign. v
Stricken, with acute appendicitis,-
Chicago's republican mayor
was" tusked; protesting-,- to- hos
pital at the very moment that an
overflow crowd in a downtown
theatre waited to - hear his char
acteristically, mordant arraign
ment of his political foes in this
case a member of the same par
ty, Ruth Hanna McCormick, sen
atorial nominee.
An operation was performed
immediately. At 2 p.m. he was
brought from the operating room
and a bulletin Issued by his se
cretary said there was no Imme
diate cause for alarm.
For two years Mayor Thomp
son had been in delicate health,
almost a stranger to the public
that had known him as a familiar
dynamo of speech on the plat
forms of every ward in Chicago.
Search Vain in
B. C. For Planes
ATLIN, B. C, Oct, SI.
(AP) Six men in two planes
were still . missing in this region
tonight after Pilot Frank Dor
bandt returned here from a vain
search of northern British Co
lumbia for three of them. Cap
tain E. J. , A. "Paddy? Burke;
Emil Kadlng and Bob Martin.,
.Twenty days have passed-since
the trio were seen flying back
here from a Laird river mining
camp. 300 miles to he north.
; XBBEAKS WINDOW ON
' M . PURPOSE ,
PORTVAND, Ore., Oct 31.
(AP) Preservance counts, in
the opinion of Robert B. DriscolL
38. He proved it today by getting
a 30 day jail sentence.
Driscoll. wlro told police he
had lived in Portland all his life
but could not give an address,
had been trying for several days
to get Into jaU or the county hos
pital to receive treatment for
"rheumatism." "Examining physi
cians, however, could ' find noth
ing wrong with him.
Today Driscoll went down
town, picked out one " of the
largest plate glass windows in the
city and hurled a rock throughit.
OVERRULES LEXIENCY
PKTITIOX t
THE DALLES, Ore., Oct. 31
(AP) John Hardin, The Dalles
grain broker who was convicted
of forgery recently, today was
sentenced to 2 H years In the
penitentiary. Sentence was pass
ed by Circuit Judge Wilson.,
-Judge Wilson overruled a' pe
tition for leniency. The petition
bore about 300 signatures, In
cluding some of the victims of
the financial crash which follow
ed Hardin's - alleged speculation
in the wheat market.
TACOMA ENTRY VICTOR
- PORTLAND, Ore., Oct. 31
(AP) Exceptionally keen com
petition featured the three galt
ed saddle horse performance In
mm
TUDMPSON
MENACES Cmf;
IN ON GUAHD
Householders Warned not
To Light Fires in Okia
' noma City Plight
Heavy Steel Bonnet Known
As 'Christmas Tree to
Plug Outlaw
OKLAHOMA CITY, Oct. 31 :
(AP) An armyof a half thous
and men, military and civil
guarded Oklahoma's capital to
night against the menace of a
potential fire dragon a gigantic
wild oil well that roared at the
city's edge. 1
Nine units of the Oklahoma na
tional guard were called out dur
ing the day to assist civil author
ities in protecting life and prop
erty in the vicinity of tlfe No. 1
C. E. Stout well, which since last
night has been hurling prodigious
quantities of oil and gas into the
air less than a mile from the busi
ness district and on the southeast
outskirts of the wholesale district.
All activities in the threatened
area were suspended today.
Householders were warned not to
light fires and residents nearest
the well, mostly negroes, were or
dered to vacate their homes. Six
schools considered menaced by
low hanging clouds of gas were
closed for the day, making a hol
iday for more than 2,300 pupUs.
60,000 Barrels of Oil
Well's Dally Output
The well, estimated to harte a
dally t production of 60,000 bar
rels of oil and 100,000,000 cu
bic feet of gas, tore loose last
night when sand cut its connec
tion?. Like the "wild Mary" Su
dik, famous outlaw that defied
control for 11 days last spring, or
dinary methods failed and a spe
cial device known as a ''Christ
man tree," a . heavy steel conical
bonnet, was being forged to drop
ove rthe bellowing maw of the
welL
The guardsmen, wearing war
time steel helmets and slickers
as protection from .the rain of i
oil, were ordered out by Adjutant
Oeneral Charles Barrett after u
appeal had been made-bySheriXt
Stanley Rogers for military aid
to supplement the efforts of his
staff and city fire and police for
ces. $400,000 Ready
To Get Jobs For
-
Needy, New York
NEW YORK. Oct. 31. (AP)
More than 3400,000 voted, by
the board of aldermen for un
employment relief was made Im
mediately available today by the
board of estimate.
Of. the money I23M00 will
be used to provide work In the
parks at 35.69 a day for 2,000
men and 1111,403 to make a re
creation pier habitable and to
furnish food and supplies.
Oil Company to
Build Huge Plant
SAN FRANCISCO. Oct. 31
(AP) Construction of a I.-
ooo,eso. piant was started today
by the' Associated Oil company at
Its Avon refinery near Martinez.
The plant is said to be the larg
est tube-and-tank cracking plant
in the world.
Wants Jail Term; Wins
Grain Broker Sentenced j
Horse Contest Keen
O'Hara at Mass Today
the Multnomah hotel 92009 stake
event at the Pacific Internation
al Livestock Exposition here to
night, '.r
The blue ribbon finally was
awarded to Jewel McDonald, an
entry by Mrs. Wayne, W. ' Keyes,
Tacoma,- At least four of the
horses In the event had won blue
ribbons earlier in the. week. .
EUGIvXK CEREMONY TODAY
EUGENE, Ore., Oct. 31 (AP)
: Father Francis P. Leipxig, Eu
gene, announced today Bishop
Edwin V. O'Hara, who was con
secrated in Portland Tuesday,
will hold bis first pontifical mass
in Eugene Saturday morning. Bi
shop O'Hara was pastor here
from 1920 to 1929.
' BOYS MENACE TRAIN
PORTLAND, Ore., Oct. 31.
(AP)-r-Two boys, who said they
"Just wanted to have some fun,"
admitted to police tonight they
had placed five ties and eight or
nine large concrete bricks on an
Interurban train track here to
night
. Andrew Kovenx, It, was held
In lieu of $2500 bail, while his
brother, Michael, 11, was sent to
a detention home.
' The boys admitted they also
had - placed - three , ties on the
tracks last Monday night, ! ' The
ties were seen by the motorman
In time to prevent derailment."
: -We didn't mean to kill aajr
one," the boys said. : ;
Capital Picks
Typical US. Girl
' I ft ,v - I
I .'l"-.:;::::::-;v '
A close-up of Miss Catherine Mc
Caff ery, a stenographer em
ployed IB the TJ. 8. Government
Printing office, who was se
lected as the District's typical
girl to compete In the nation
wide contest now under way.
The winner of the contest will
accompany Miss Gloria Swan
son, screen star, on a trip to
Paris.
2 S1D.0D1 DAMAGE
SUITS NAME ESPEE
Relatives of Turner Women
Killed by Labor, day
Crash, Plaintiffs
Two damage suits, each for
910,000, against the Southern
Pacifle company and L. C. Wil
liams were yesterday filed in cir
cuit court by relatives of two of
the five women who were killed
Labor day In a train accident
n ea rTu rn er. Plaintiff In the
ulls arevAXLi. Robertson, admin
istrator Of the estate of Arllne
Robertson, and H. M. Barnett,
administrator of the estate of
Ines Barnett.
Williams was the engineer of
the train which struck the car: in
which the Turner women were
riding, coming to Salem to work
In the canneries.
Train's Speed Held
Far Too High
The complaint accuses the
Southern Pacific company and its
agent, the engineer, of careless
and negligence in the operation
of the train and alleges that,
contrary to the ordinance No. 72
of the city of Turner regulating
speed of trains In the city lim
its, the defendant was driving
said train at speed in excess of
35 miles and hour, and from CO
to 45 miles an hour.
-The complaint further alleges
that defendants failed, upon ap
proaching crossing, to blow a
whistle, ring a bell or give any
signal; and In failing to keep a
proper look-out for vehicular
traffic .upon the public, crossing.
Ayline Robertson was 17 years
old and Ines Barnett 15 years
old when killed. Both were in
good - health the complainants
state and had they lived during
their expectancy, each would
have saved and accumulated mon
ey . and property, the estate of
which in each case would amount
to 910,000.
Maharajah now
Prays Nancy is
To Have Junior
ST. GERMAINE - EN - LATE,
France, Oct. 31 (AP) The
Chateau Hennemont here, resi
dence of the former Maharajah of
Indore and his American ' wife
who was Nancy Ann Miller of Se
attle, Is bustling with prepara
tions for the birth of a baby soon.
Sir Tukojirao Holkar, abdicat
ed maharajah. Is hopeful that the
small newcomer will be a son
and heir for his great Indian and
European estates. His wife -already
has presented him a daugh
ter, princess Sharada Raxa. who
was born about two years ago at
the chateau. '
Some Hope Held
For Recovery of
Charles Lisle
Condition of C. J. Lisle parole
officer of the state boys' training
school, was reported late last
night as unchanged-over the pre
vious day. Unless an unexpect
ed tarn comes, there is hope for
his recovery, despite the serious
ness of his case.
Officer Lisle is suffering from
Injection, the result of a gunshot
vears aro. A blood transfusion
was given early this week, and
another will be made within a
short time. Lisle is at the Wil
lamette sanltorium
BILLION GOING
INTO FEDERAL
CONSTRUCTION
"
More Than . Million People in
Government Employ is
Washington Report
Chicago and Northwestern
Granted Accounting Aid;
$500,000 .Work Result .
WASHINGTON. Oct. 31. (AP)
Concentrating on its efforts to
lead the country to a solution of
the unemployment problem, the
federal government announced! to
day its current construction pro
jects wolud cost approximately
one billion dollars. !
Contracts under way and pend
ing aggregate $938,416,000 It
was disclosed at the White House.
Already the building nrograml in
cluding public works, naval i and
military construction, and ships
built through shipping board
loans, totals 3567,756. Other con
tracts to be let as soon as pos
sible aggregate $370,660,000.
These projects areexclusive of
the 110.00,000 naval and mili
tary aircraft contracts.
As a result of the construction
programs, employment ' directly
attributable to government work
was placed at 1,033,000 persons
on October 1, as compared with
990,000 persons last January.
However, this figure Includes all
army, navy, and coast guard per
sonnel, as well as those In the
civil service. It does not, however,
include those making government
supplies.
"Stagger Plan" Gives
Practical Aid to Men
As reports were received by
Chairman Woods of the president's
emergency committe for employ
ment telling of the progress in
industrial areas toward finding
employment for the jobless and
keeping other employes busy un
der the Stagger plan, the inter
state commerce commission set
aside for the first time its regu
lations on railroad accounting.
The action will permit the Chi
cago and Northwestern railway to
nnW'lSOO OOO In Chieatrs and oth
er northwestara eltties In employ-
lng.O-rZO.a. OX Its former mechanics
and shopmen during Notembef
and December to repair locomo
tives and rolling stock.
Chairman Woods appointed
Sewell Avery of Chicago as direc
tor of the committee's work -with
the industries between New Tork
and Chicago.
The navy department broaden
ed lta efforts toward the employ
ment problem by announcing it
would institute a 944,000,000
public works and utilities program
this winter.
Gibson Talking
With High-ups;
. Now is at Rome
-1..
ROME. Oct. 31. (AP) The
unexpected arrival of Hugh S.
Gibson, American ambassador to
Belgium, and his confenenees to
day with high Italian officials
made the Italo-French naval sit
uation the chief topic of conver
sation In Rome tonight.
Although Gibson denied he
was a. special appointee of Presi
dent Hoover to - attempt settle
ment of the Italo-French naval
disagreement. Saying he merely
was here as a member of the
League of Nations preparatory
disarmament commission, he
said Italian and French conver
sations were continuing and he
predicted some results from
them. .
Longview Gets
$80,000 Plant
Oi Co-op Group
. LONGVIEW, Ore., Oct. 31
(AP) The Longview chamber of
commerce announced today the
Lower Columbia Cooperative
Dairy association, with headquar
ters at Astoria, Ore., would build
an 330,00Q plant at Longview.
Plans will be drawn. at once
and construction will begin late
this year'. The plant will be
equipped to manufacture Ice
cream, sweet cream, butter and I
Ctur unucivu xxi 1 sv wa vo
About 20 men will be employed.
Film Taken 53 Years Ago
by Andree Party is Good
ROCHESTER, N. T., Oct II.
(AP) A photographic film which
bad laid for 33 years beside the
bodies of the Ill-fated "Andree ex
pedition members on White , Isl
and has been ..developed by a
Swedish photographer with- suc
cessful results, the Eastman Ko
dak, company was informed today
by cable. ' .''. '!'
The cable, which came from
Hasselblads, a photographic firm
in Sweden, said: "Andrea kodak
film developed. Some pictures can
be reproduced." ; '
Films Slay Add to Diary'
' The development of the films
may add new information on the
expedition -to that contained Sn
Cash and
Indi vidual Su bject to
Assessment, Op inion
State Tax Commission, Says Only Income Tax
Law or Intangibles Tax. Can Stop Such
Assessment in Coming Yearr
Money and credits, such as notes and mortgages, owned
individually in Oregon's 36 counties, will be .listed for tax
ation by county assessors unless the intangibles tax is re
vised and passed or the income tax made law, the state tax
commission declared yesterday in a letter sent every as
sessor in the state.
At Last Here's a
Stnator Willing to
Break Leg to Win!
WASHINGTON, Oct. 31
(AP) It wasn't a campaign
year for Senator Pittman of
.Nevada, and he looked for
ward to some rest. this sum
mer from the long gflnd of
congress but he now claims
a hard luck role that will
overshadow that of any of
bis campaign colleagues.
First, the - Pittman rest-'
dence here burned down
twice. Then Mrs. Pittman
went ont recently went out
to inspect, work on the new
home, she fell and broke, a
leg.
Senator Pittman - rushed
east from a committee hear
ing to be with Mrs. Pittman.
Getting ont of an airplane
npon his arrival,' a loose
board on the platform threw
him and he broke a bone in
his leg.
He la now in the same
hospital with Mrs. Pittman.
Bad Curve
At Aurora
Stops Thief
AURORA, Oct. 31 The road
was against him, an unnamed
Portland man may have reflected
following his arrest here late last
mg-nt after he had outdistanced
Traffic -Officer R. K PhUUps of
Oregon City in' a movie-thriller
speed ride from 82nd street, Port
land to Aurora.
The ride ended when the driver
failed to make the sharp curve In
the south end of Aurora, crashing
through the fence, over the steps
and rolling Into -the yard of the
home of the late Charles Becke.
Officer Phillips, notified that a
car had been stolen from 4 8 Oth
and Stark streets in Portland and
that the man was . heading south
in the car, took up the chase at
82nd street, purusulng .him to
Aurora.
After the crash at the curve,
the man, only occupant of the
large machine, dashed to Andy
Miller's house, in front of which
two cars were parked and tried
to appropriate one of the cars.
Detected by the occupants of the
house, he attempted to rush in
upon them. -
Then he saw the policeman ap
proaching and ran into; woods
back of the houses.
Later he was found walking
down the streets of Aurora. He
was arrested and taken back to
Oregon City.
' A 38 calibre revolver and
three bottles of beer were found
in the automobile. The machine
was badly wrecked.
Irene is Not at
AH Pleased by
Mackey Victory
NKW YORK, Oct. 31 (AP)
Tmha TOnrrtnnl mnilcal rnmiiilv
star, smiled, shook her head re
gretfully In court today and said:
I am very, very sorry. I do not
like Mr. Mackey."
Nevertheless a few minutes af
ter she swept out of the room in
her. orchid-trimmed fur coat and
was whisked away in her orchid
and brown limosine, the jury
brought in a verdict against her
tor 3300 In a damage suit filed
byMr. Mackey.
Mr. Mackey. whose first name
is Richard and whose business is
the law. sued Miss Bordonl for
$1,500 for legal services.
Andree's diary, which was found
tfesides the bodies. - (
The brief cable did not Indicate
the importance of the developed
pictures.
Andree and his companions set
out In 1897 by balloon for the
North Pole. Their bodies were
found last summer by a Swedish
expedition which called at the lit
tle ice-bound island that had laid
unvlsited for many years. .
. Recovery of the Andree pictures
recalled the successful develop
ment of films . carried by Scott's
party, in their fatal expedition to
Antarctic and found by searching
party. The Scott films cre a
graphic record of the explorers'
adventures- " - - -
Credits of
"Such assessments,' read the
letter of the state vtax commis
sion, "shquld be added to the
rolls prepared as of March 1,
1930, under the provisions : of
law relating to . assessments of
omitted property. - Every resi
dent of the state should be given
an opportunity to file a verified
return with Respect to the tax
able money and credits owned or
held byf him or her on said as
sessment date, however unhappy
the proceeding' may prove to be.
We htfpe that it may not become
necessary to take such action
but, M so, you may rest assured
that this commission will give
you the fullest cooperation and
every possible assistance. "Sec
tion 4 2 3 4, Oregon Laws, defines
personal property subject to tax
ation in part as follows:
Oregon Law Providing
Surh Taxation is Cited
" 'The terms personal estate
and personal property shall be
construed to Include . . . moneys
and gold dust, On band or on de
posit; . . . all debts due or to
become due from solvent debt
ors, whether on account, con
tract, note, mortgage or other
wise, ; either within or without
this state; all public stocks, bo
nus, warrants and moneys due or
to become due from, this state,
or any county or other municipal
subdivision thereof, , and stocks
and shares . in' incorporated com
panies, and such proportion of
the capital of Incorporated com
panies, liable tot taxation on their
capita as shall not be Invested
In real estate. ' f
"In 1925 this definition of
taxable money and 'credits was
somewhat modified by an amend
ment of section ,4235, Oregon
Laws, providing that 'all notes
secured by recorded mortgages
on real property shall be ex
empt from taxation;
'Chapter 317, - laws of 1927,
read as follows:
"That alrBtocks, bonds, notes
(Turn to page 2, col. 1)
Jackling Wins -
Gold Medal as
Mining Leader
NEW YORK, Oct. 31 (AP)
The 1930 William Lawrence
Saundera-gold medal was present
ed tonight to Daniel C. Jackling
of San Francisco, president of the
Utah Copper company, at a, din
ner attended by mining engineers
and executives from -many parts
of the world.
The Saunders medal is awarded
annually by the American insti
tute of mining and metalluriglcal
engineers for "achievement in
mining.". It was presented to
President Hoover in 1928.
' John Hays Hammond, holder
of th 1929 medal was toastmaster
at the dinner.
71 Degrees is
High Mark For
October Here
Maximum temperature for Sa
lem and vicinity for the month of
October was 71 degrees. This
work was recorded three days of
the month. The minimum was 30
degrees which was registered only
on one day.
Precipitation for the month of
October was 1.92 inches. The
same month last year registered
1.17 inches.
Most days last month had a
temperature In the SO's as high
and In the 30's and 40's for low.
Some of the warmest days had
the lowest minimum tempera
tures. Columbia Team
Wins at Albany
ALBANY, Ore., Oct. 31.
(AP) Columbia university.
Portland, defeated Albany col
lege's football team here today,
13 to 0.
' Columbia scored a touchdown
and converted in the third period
and put over another touchdown
in the last quarter. The first
half was played on even terms
with neither team able to get
within scoring distance. : -
Community Chest
Under Discussion
A group of representative ser
vice club members met. at the
chamber, of commerce Friday
night . and listened to an address
by a Eugene community chest
worker on the subject ' of com
munity chests. Plans were dis
cussed to the application tn Sa
lem of the experience of Eugene
In regard to handling : the . com
munity chest. No action was
taken in regard to the matter.
HOTEL G110UP
ZES 1
MEETING HERE
T. M. Hicks Chairman of
Promotion Committee to
Secure $200,000
Gov. A.NorblacTSays new
HotefUrgejit Need; 40
Men Attend Meet
Organisation of a group of lo
cal citizens sponsoring a Salmi
community hotel was completed
last niajit when 49 members of
the temporary Loarl of directors
and executive committee met at
the Elks temple here.'-
T. M. Hick?, chairman' of U.e
group. Governor A. W. Xorulad.
E- J. jlockenbury and Hal D. Pat
ton addressed the members. A
number of other men gafte exteoi
poraneous talks, all In favor of a
new hotel. .
Sounding th keynote pt the
meeting, Governor N'orblad. mid
a new hate! In Patera- was an 'un
questioned need" and lie ; urf d '
its construction -now as a. means
of relieving -unemployment. 19
said thousand of tourists as II
as Oregon citizens who now Jy
through Salem would stay ;iere .
overflight when thoroughly mod
ern notei faculties were ar::-
able.
Bale of $'200,000 In
Stork is Objective
Hockenbury, representing tUt
company - which will handle sale
of all Junior securities of t!
company here, said ; that r.ejt
week would mark the beginnirg
of the stock sal locally. He t-Kid
he hoped the 32.00.000 preferred
stock issue .'which the hotel conr
templates, would be completely
subscribed before .November . is
rfffrtshed. The hotel planned is of
100 to 125 room capacity. '
In a formal statennt prepartd
by the temporary executive com
mittee, the plan announced for
stfock sale calls for-the lssuanr
of 2000 shares of "preferred stoea.
cumulative as to dividends atir
the first year.' With every (wo
units of preferred stock, one unit;
of no-par common Toting stock
will be issued. . Preferred tv K
wllPbevarfered the public on a.
10-months' payment plan.
Bond Issue Expected . v
To Complete, financing
.The senior financing for the ho
tel will be made, it is expected,
with a bond l3sua, the major part
of the cost of the construction,
however, being met from stock
sales. Sentiment expressed at the
meeting last night was tor the fl- J
nancing of the hotel here as
much through preferred stock as
possible. , ' "
Directors said last night that
no contracts tor construction
would be let until the stock sale
was completed and arrangements
for senior financing tlnlshd.
Then the board of directors' will
let the construction leases coo-,
tracts to the most favorable bid-
ders. .
Officers of the committee pro
moting the hotel era T. M. Hicks,
chairman; Governor A. W. Nor
(Turn to page t, col. 1)
Mara Out After
$500,000 Chunk
: Of Tunney Gold
NEW YORK; Oct. 31. fAP)
Timothy J. Mara, race traea
bookmaker whjse sidelines were
politics and second hand law li
braries, stepped up on the stand
in supreme court today for the
first round of hi fight to take a
1500,000 chunk out of On
Tunney's bank" roll.
After a morning in which the
fight fans and kids who gathered
round quite a bit of action and
lots of entertainment, he-settled
back In the afternoon to the
business of dodging left Jabs and
rolling out from under riatt
crosses proffered in eross-exam- -ination
by Emory R. Buckner.-former-
UniteLV States attorney,
and chief counsel for the former
heavyweight champion.
With Your
Sunday Coffee
Yon will Want the Snnday
Statesman.
. Bright and, fresh, packed
fall of news and features,
Salem's big. morning dally,
bigger and better In its Nun
day issues.
' There will be a special ar
ticle on SanJtary Harvey of
the Willamette River, of
vital Importance to Kalcra.
Farm feat are page with
review of Pacific Interna
tional stock show.
'- - Garden page- "Bright
Fall Flower," and wliere to
seo them. ,Coloring of
Aalsmn Leaves; and Miss
Bladaen'e srten article. -
Political, Foreign and V.
8. Oregon and local news,
fresh from the Associated
Press leased wire and fros
oar own tff of trained re
porters. Boy the Sanday States
man at a- newsstand bet
ter yet, phone SOO and so
scribe. ;
ORGAN
V
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