- 1 .... - , .... v ....-..' , . ;ti
page Tiinrn
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KtHH VWm FttSTPD HE T ESSt F TH fi M9. S
CUT IfJ SAURY IS SUGGESTED ! ! EEfJEIL TBEflD
- - m - . . . - - - . .mm . .- r .... e - i i - .
1 TO SHARES
Securities at New York and
; Berlin Shoot JUpward
At News of Plan
By CLAUDS 1JLGGER
(Copyright, 18n,. hy; Associated
tress .i . .
NEW YORK. Jane 20. CAP
The -world of finance today taw
a rift in the clouds which hare
been gathering with the ominous
appearance ot forming a storm
center orer central Europe.
' Securities- in the New York and
Berlin markets bounded upward,
and, although markets in London
and Paris were dosed; nerrous
tension was reHered, as the news
went around the world that Presi
dent Hoover was discussing: with
leaders of both political parties in
Washington possible steps - to al
lerlate economic stress both at
home and abroad, and particularly
in Germany.
The New York stock market,
which had been drifting lower' for
a fortnight in a state of stagna
tion, reaching extremes not ex
perlenced In fire years, awoke to
record one of the most -vigorous
advances of the year. Advances
ran iced from 12 to more than $10
a share. Such issues as U. S. Steel,
American Can and American Tele
phone gained . $S and $7 a share,
Union Pacific and Santa Fe ran
roads gained $10 and $11.
Turnover Exceeds '..
Preeedinjr Days - -
The turnover for the two-hour
session, aggregating 1,500,000
shares; was Urged than for any of
the preceding five-hour sessions oi
:the week, and was the largest for
a Saturday since March 28. Ger
man obligations led the advance
In the New York bond 'mar net.
The Young plan issue pushing up
$50.25 per bond of $1000, par
value. - .
Wall Street bankers generally
acclaimed the announcement from
Washington as highly construc
tive, but were disinclined to com
ment until some definite plan of
action Is disclosed. The stocK
market, however,, had come al
most to a standstill in a period
of painful .waiting for any straw
in the wind, and greeted the news
In no uncertain manner.
Wall Street had no illusions
that the end of the economic Jle
pression was at . hand, realizing
that necessary readjustments will
take time. Brokers pointed out
that the violence ot the upturn in
stocks was primarily due to the
fact that bears had been caught
napping, and that many traders
had left town for the week end.
and offerings were light. ...
STRICKBI EUROPE
'EH
Continue from PK IV
tion and reticence pending fur-
Hlnnmnt of What is
widely described -as one of the
most encouraging oi posi-w.r
times. . " - ' ''
" No commuulflne : .was lssuea
after the cabinet meeting, bat the
newspapers were : crowded with
editorial comment. .
The democratic Tageblatt
characterised the: developments In
Washington as marking "a turn
ing point in the history of . Eu
rope and America," but warned
that 'first there w'ill be much
patient detail . to be gone
through." L . :
"America," the editorial said,
will .earn the name of a great
power of peace, if Mr. Hoover's
' initiative brings in this genera
tion a world locarno. . . Mr. Hoo
ver will be celebrated not onJy
by this own people but by all the
peoples of the world as a bene
factor of humanity."
Even the -nationalist press,
which all along has refused to
admit that anything tangible
-would result from Chancellor
Bruening's visit with Prime Min
ister MacDonald at -Chequers,
hailed Mr. Hoover's move as of
the -. highest significance. t. .
S
II
1
DAK PROBRAM
FUG
IS HELD BY W. R, G.
''At a meeting- ot the local W4
R. C, held Saturday In Miller's
hall, Flag day was observed with
an ; appropriate program. About
4 0 members enjoyed the after
noon. " ' - '
- - The following program was en
Joyed by the group., ' -
"Battle Hymn of the Republic,"
sans by the assembly. si . ;i
History of the American" flag,
by Mrs. Bernlce Bouffleur.
1 Flag salute by entire assembly.
Piano solo given by Sophia Cal
llsen. '''-- ' : :- - " w"
Piano and violin duet, given .by
Madelin and Alleen Goodenough..
Cushman Indian
Hospital Plans
Aided by Tribe
.'' TACOMA. June 20 (AP)
The last ob'statle to the erection
of permahe&rr&ujlinngs at- the
Cushman Indian ? hospital, here
was removed ' today when . mem
bers of the Puyaliur tribe roted
41 to 14 to, sell the land to the
United , SUtes - government for
$221,500. "
At 1U next session congress
will appropriate, the .purchase
price and is also expected to
make available funds for the
construction of permanent hospi
tal buildings. In the past the
government has refused to build
because It did not have title to
the land.-- -.;-,---.- ---i . . -
! Too Late to Classify
n.riiii-iiinri-i- - " " i-
- FOR SALES Royal Ana cherrtoa,
one cent per pound. Yon pick tHem.
B. M. Biea. f SOL north of Salm near
(Quinaby.
PROBE STORY I
x .
Taking one. of the hief roles In
um mystery surrounding the
strange death of Starr FaithfulL
Drettv Nw YnrV n.r- -..i
t i9-year-old sister, Elizabeth,
awiwn as inciter and oyivia.
In aDDearinp befar th Nmn
County Grand Jury vprobing what
is believed to be the murder of the
madcap girl who experienced
"every sensation" in life before
ner unumeiy ceatft, the attractive
younger sister triA tn ct-rmlirVif.-n
out conflicting: accounts efT her
unu uivTCQicuii aiicr ouuT dis
appeared. : ,
iSEBURG BODS IIP
WITH HOT ANSWER
(Continued from ptg 1)
the northwest, there was no rea
son, physical or otherwise, why
Roseburg should not be chosen as
a location for the home."
Referring to a statement at
tributed to Russell that at the
time Eugene gaye its endorsement
to Roseburg, Eugene did not real
ize the size and nature of tha urn.
posed Institution, for- which
SI. 000,000 has been annrcnrlated
for the first construction. Tlr
Stewart said that apparently this
was the underlying motive for
Eugene s present action.
Dr. Stew&rt said Rosehurr her.
self did not realize the magnitude
of the proposed construction at
the time she first solicited heln In
obtaining the home but that "We
do not believe ! that because the
magnitude of the project is above
our original expectation Is any
reason i why Eugene should not
keep Its pledge."
Dr. Alexander Muirden. nantnr
of the First Presbyterian church.
criticized statements attributed to
Kussell relative to Rosehurr
church; facilities.
"Roseburg." he said, "has lamt.
thing that Eugene woes not have.
1 venture to say that if our cham
ber of commerce gave an indorse
ment as Eugene gave to Roseburg,
that everr business man In this
city would stand by that Indorse
ment witn emc pride, r
Regarding ' our churches we
have every denomination that Eu
gene has. and are anoarentl do
ing more effective work.: as evi
denced ? by the. trustworthiness of
our pledged word.'.
BUCK SMS
HOOVER
MB
BIRMINGHAM, Ala.. June 20
(AP) United States Senator
Hugh L. Black, democrat, Ala
bama, tonight i characterized as
both ! amusing and tragic the
activities of President Hoover to
divert the minds ot the people
of the United States from their
troubles to Europe's troubles."
"Although Mr. Hoover mini
mized ; the Importance of world
trade in his opening campaign
speech I at Indianapolis," Senator
Black said In a prepared state
ment, 1 we find him now an
nouncing with 1 a. flare of trum
pets that he will revive Ameri
can business by restoring pros
perity to Europe."
' At Indianapolis, he proclaimed
ah" empty plan which promised
nothing - for American citizens
who buy SO per cent of Ameri
can goods.' He now. loudly as
serts that he vill give American
assistance to Europe, - which pur
chases far lees than ten per cent
Of American products. This Is
exactly in line with, his policy of
feeding starving Europeans and
starving" hungry :Amerieans.
Recommendation f Is to be
: Made at Higher! Board
X Meeting Monday :
(Continued from page 1) "
the . decision. "Salaries at the
college always have been consid
erably lower than those in other
Institutions of the same type. Yet
the staff has always shown a
splendid spirit of cooperation.
" "There Is no question about
economic difficulties confronting
the state. . Distress is. widespread
and real, with unemployment
general and acute. - . .
Demand For 'Service "
Increasing- Just Now - i
"Prices for many farm products
have not been so low In a genera
tion and taxes are delinquent In
a much larger proportion than
usual. - Meanwhile the demands
on the type of service this college
has to render have been increas
ed with the" economic difficulties
in which the state, has become
involved. Call for assistance in
agriculture and industries are
more numerous, widespread and
inslstant now than ever. But the
funds are drastically reduced.
"In reducing' the. budgets the
college has come to realize that.
at best some efficiency must 'be
sacrificed. The offer of the fac
ulty in this matter represents the
efforts of the staff not only, to
share economic burdens of the
public and to distribute sacrifices
equally throughout the staff, but
it is also a move to preserve and
maintain, to the fullest extent pos
sible, all avenues of service that
carry the benefits of the Institu
tion to the state. J
"The task ot making the bud
gets meet the reduced income is
bound to be most difficult, if the
board finds that this will be im
possible without reduction of sal
aries, it is assumed that the basis
of such reduction, whatever the
amount may be, will be applied to
all members of the college staff
and be uniform throughout the
state institutions of higher learn
ing." - - ' ! j: .
In the revised budget report
to be submitted by the) college for
consideration of the board Mon
day, the total possible savings
are shown without resort to salary
reductions. This is divided among
resident instruction, experiment
station and the extension service.
nil 1
H
OREGON
T
1
BROCKTON, Mass., June 20
(AP) Thousands of persons
gathered here today to send off
a covered, wagon on a trans-con
tinental trip that will follow the
trail ot John Mason Peck, first
Baptist home missionary a , hun
dred years ago. t j
The long wagon trip Is a part
of the observance of the centennial
of John Mason Peck's missionary
ourney and the hundredth, anni
versary of the Baptist home mis
sion society. The observance is
sponsored by the northern Bap
tist convention.
The wagon, a carefully-built re
production of the type of covered
wagou popular with pioneers, dif
fers from the original in certain
respects, however. It has special
rubber tired wheels and a more
adequate lubrication system, ne
cessitated by the fact that it will
be hauled, not by horses, but by
an automobile. .
Four persons will make the
ourney. They are Coe Halne of
New York, executive secretary of
the literary research department
of the northern Baptist convention
and manager of the tour; Don
Halne, his son, a college student;
William Turklngton, Philadelphia,
widely known baritone singer, and
Dr. G. Clifford Cress of New York,
head of the board of ministers and
missions of the northern Baptist
convention. ? .
The party expects to reach Ore
gon In the fall of 1932.
BONNET ARRESTED
A. A. Bonney was arrested by
warrant from justice court yes
terday for "doing an indecent and
immoral act" according to local
police officers.
Births
Odom Born to Mr. and Mrs.
R. M. Odom, route 7, box 126
A A , a son weighing 7 pounds
at the Henderson Maternity home
June 19.
U. 8. Action Contingent on
jBimilar, i Move by . aH
" Creditor Nations ";
(Continued from. page 2)
more than $245,000,000 fn war
debts. - America expects the allies.
in turn, not to collect the $425,-
000,000 In reparations owed them
by Germany In the coming year.
"The purpose of this action,
said the president," "is to give the
(forthcoming year to the economic
recovery ot the world and to help
tree, the- recuperative forces al
ready.; in motion in the United
States from retarding Influences
from abroad." ;
Extra Scsfon Not
Deemed Necessary s
Congresslonal action will be re
quired to approve a suspension. .
While congress does not meet
until December, none of the war
payments Is due until December
IS. For this reason and tow the
reason so many leaders i have
pledged cooperation, the president
does not regard an extra session
necessary. - . - . .
Secretary Mellon, who is In
London, played a leading role in
the negotiations : which brought
about the understanding. Mr.
Hoover. dealt through him. Am
bassador Dawes Is in this country
and the president said he had en
dorsed . the proposition. ' He also
said Owen D. Young of New York,
whose name Is on the German
reparations plan1 now operating,
had approved it. Dawes and
Young have led two reparaUpns
conferences.
Mr. 'Hoover announced the
names of those in congress who
had approved the scheme. While
the group Included the republi
can leaders it did not include eith
er Senator Robinson of Arkansas,
the democratic leader, or Repre
sentative Garner of Texas, minor
ity leader in the house.
Some of Leading -
Bourbons Approve
Other democrats prominent in
party affairs relating to financial
matters, including Senator Harri
son and Representative Collier of
Mississippi, the ranking democrats
on the finance and house ways
and means committee,' respective
ly, endorsed the move.
Chairman Borah of the senate
foreign relations committee was
among those listed in support.
It also was said .at tbe wnue
House that the president had
talked over the telephone with
Senators Robinson ot Arkansas,
and Couzens, republican of Michi
gan, and that they had assured
him of support. Their names were
not included in the formal state
ment.
FIXED, DEFINITE
PDLIC't' FLAX NEED
(Continued from page 1
If no matter, what .the Industry
does, it succeeds, on whom can
blame be assigned and as a mat
ter nf fact, whv is there any need
for blame if from whatever angle
one considers the flax .industry,
merit appears In its "operations?
Tfrnm niir viewnolnt the fixed
policy of the flax industry should
be this: ;
Tbe indnstrr from now on.
mnt ha mill to parrv itself, the
returns from, sales providing for
the mat of flax and lis manuiaci-
ure. When the Industry reaches
this standard. It is successful;
when It fails, the Industry is per
ilous and may need to be sup
planted. All other benefits from the In
dustry its development of a new
crop in the valley, its assistance
to manufacturing, Its provision
fnr wnrk to convicts must be
treated as incidental.
Two lines of reasoning support
thin view First, the Deoule of the
i.ta will not lone tolerate any
other condition. Thus far by leg
islative appropriation $772,U0U
has been put into the industry.
If more funds are going to be
called for, it will not be long
until taxpayers will demand that
convicts make brooms or bricks
-but anything which will not be
deficit.,
Second, the economics ot flax-
ralclnr nnnort inch 1 DOliCT. The
period ot experimentation is past.
The fact that tne Willamette vai
ley can grow superior long line
fibre is unquestioned. The tariff
Is ample against lower-paid for
eign competition.. The domestic
market is abundant, rrison laDor
Is cheap. In tbe face of .all these
Annduncement of Policy:
TO MY MANY CUSTOMERS AND SALEM MOTORISTS :
j 1 Following the-5c increase in wholesale prices of gasoline as an
j ' . 'noimced Thursday by the major gasoline distributing companies we
j. are pleased to announce that although our price to the... consumer has.
r been increased, we will : still be able to sell genuine Union gasoline at
j 'the lowest price obtainable in Salem or West Salem.
Effective today our price will be 18c and '. 21c for Union and
Union Ethyl, respectively. This, you will note, is as low as that quot
ed by any retailer in the city or in West Salem.
: Hereafter Doolittle's Master Service Station will operate on exact
ly that policy, selling AS LOW; AS THE LOWEST; in this h vicinity.
Upon immediate notice we will be prepared to meet lower prices
announced by any local station. We would appreciate any information
on any such price change ,by our friends. '
- , yours - for the lowest gasoline price in Salem.'. L .' . .
1- " ..
A
Move ViewedOiab Tonlo for
Economic
The En
(Continued
Ailments of
fee! World
ifjfijn; Pass 1)
At their own request. Deputy
Sheriffs Cecil Crosby (above) and
William Guess, of Ardmore, Okla.,
irfll stand trial for murder follow
er ' the ' fatal shooting of Emiho
Cortes Rubio, cousin of President
Pascual Ortis Rubio, of . Mexico,
and Manuel Garcia Gomez, when
the two students displayed guns
while en route from St. Benedict s
College, Atchison, Kan- to their
homes in Mexico. - The officers are
alleged to have shot the boyr with
out first explaining tlv were
deputies.
advantages if the flax industry in
Oregon cannot stand on Its own
feet, the child is a weakling and
not worthy of raising.
Furthermore, the management
of the Industry must quit gener
alizing on its benefits and refus
ing to face the actual facts of the
flax" business's condition. No ob
server of flax - tor. the last four
years questions that Colonel Bar
tram . provided , dynamic leader
ship for flax growing. But his
knife always flew too high and
was loosely tied to earth. The
profits" of the industry were
paper profits and vahished under
an auditor's balance sheet. The
industry was too much an en
auditor's balance sheet. The in
dustry was too much an engine
running loose on a track.
To make the flax Industry car
ry its own burdens will mean
that payment for raw materials
must not be guessed at but must
be determined (1) by prevailing
market prices and (2) by manu
facturing costs. Any other basis
is purely one of guesswork and
sure to incur trouble.
CAB STOLEN
A Ford touring ear bearing li
cense 23-278 belonging to Har
old Cattron of the Meadowlawn
dairy waa reported to have been
stolen late laBt evening.
for . helping. Germany . especially.
But already! it i' , being heralded
as promising, a! means by which
German buying power will be bul
warked, thereby: beneiltt ing
world markets.
Reports from! abroad evidenced
the eagerness with which the peo
ples and their
waiting for
leaders had' been
,: palliative move
from the .United States. The en
couragement drawn . from- Mr.
Hoover's . activity jwas reflected
not only in upswings of the ex
change markets! here and In Eur
ope, but In optimistic expressions
from governmental and press
quarters as weltl
Cabinet Hopefulj
Word Prom Beflfa
.- The word in i Brlin was that
the cabinet, ; wjtit i happy spirit
that had been missing for weeks.
spent today's kesston discussing
th Hoover statement of inten
tion to help khd nothing else.
Press dispatches, frt
sibly reflecting the views ot the
foreign office, expressed gratifi
cation that a "(Change of opinion
has come in Washington" as to
Germany's situation.
: The Importance 'attached in for
eign capitals to j Secretary Mel
Ion's conferences wlth leaders in
Great Britain's! 'government and
financial affairs j has not escaped
notice here. 1 1 i
There was ahi assumption " In
London that he ''cabled Mr. Hoo
ver what Prime Minister MacDon
ald 'and others !t01d him ot the
European flnandilj situation be
coming Increasingly acute. This
was not denied Ini Washington.
addressee.
Before the dinner and also be
fore the dance at the armory,
members of Al Kader, nattily at
tired In the cardinal silk knick
ers and green Jacket with char
acteristic f es paraded the down
town streets of Salem. The full
Shriner hand, drum corp. group
of chanters and the patrol were
in the line of march' as well as the
official divan and a large nuci
ber of members of Al leader tem
ple, i - -i
It Is planned td make the vfsll
to Salem an annual affair.
i
j ... i i iTr
1 r v r f r i . e
II J I V
J I
C C'li" f
Soup or Salad Meat or Ftth Potatoes
Vegetables ' Bread and Butter or Rolls
..Pie or Pudding and Drink
eEoiBy
f AnMiinid if ram! nan It
original 100 nUi ln Al Kader
temple and eachifefiponded brief
ly. They were RUE. Lee Steiner,
Hal D. Patton, George Dunsford,
E. K. Lovell, and iR L. Conner of
McMinnville. Jiisticjes Rand, Belt
and Bean of the-! state supreme
court were alsolcalled on for short
Roumanian girls are sweet's can be -1
They drink a lot of milk, you see.' I
1 1 THB RICHEST, SWEETEST MILK OF
1 : . V, . "ALL ,! I : ! i
: IS OURS. Please tell us we should call. -1
Watch for their Story
Book ia Rhyme
Watch for Kiddies
from Dalryland
Salem Sanitary Milk Co.
Telephone 5774 1851 SUte St.
i m f:
Eleven GREmI) J
ala . . LOWER : PRICE J f2
II 11 ::-Vl(4- J;. :- 11
Ink v, mhf i-
:
ii UMIUIAWM iy-vy SJ
ir r " .'.r- ' .. .v, ill Si - . '
l It hl
EXTRA MILEAGE
... nc now even lowtr In ! price!
HERE'S THE TIRE SENSATION Of 193 1 1 Famous
, Goodyear ABAAfoether.UrgettseHieqfireinth
- world, further Improved in 1 1 ways, and priced lower
than ever before. Vein only Geodyeer offene
'ectresdt of bwUTmq MILLIONS MORE tires
then any ether company. u' ' 1
mJt i;
MASTER SERVICE STATION
V."- ' . : ,
-' - ' -' X .1 1 " j
I JUI Ul ft )
! 1 ; -. '
North Commercial and Center Sts. 7
- Srtitcciica Yfith Every Transection
Phono 4525