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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Nov. 18, 1931)
-.-.jr ;i"Tf:- FACE TWO The OREGON STATESMAN, Salem' Oregon, Wednesday Morning, November 18, 1931 IIP DUTLOO Assets Estimated as Much , Below ; Liabilities In . - Report; Issued r; (CootlmMd fro, pssv l or traded for, were. In the mala v encumbered by norUite which wern assumed vita tjin property. Since the' .time of purchase real estate values hare to decreased that new tha properties will sen lor "little, it any. more than the mortgagee covering them. ' , 1 "A small portion of the re ' ceipts was placed ia tint mort gages tor protection of bondhold ers ut owing to ineftectlTe. and lax' collection methods employed, these are ' badly in delinquency. The shrinkage in real estate val ves has likewise affected these . securities and a considerable loss la anticipated. " "When your Receiver ' . took charge of the affairs of the com pany, there was tamed over to htm only I470.C7 in cash. As bond receipts, the principal form of revenne for the company. ' eeasti upon the appointment of the receiver, it left me with only ,s.reviue arising from a, few rent , als, and crop returns from two c ranches. ?his have used to the best aflvsntage possible to save what - properties I could, as Connd snany mortgages on which tc?l-e -were dellnauencles on prln : clpsl. Interest, taxes and assess- . mentiu. The full amount of some roortgares were long past due, r Present' cash in bank belongs largely to Bond Trust and can - not be-utilized for general ad ministrative purposes. r o- WHO SAID THERE WAS DEPRESSION? V X ' x. ,-'- ' ; 4 v:V:AvJ!-:x ".A-y-f -i , ...v. T , i-.- .T , v.-.x: , j - " ,, . .,-: r .:. :-';: - :' - : J ... , : V- . v. . w- v s r rhe sbimmerinc silks and satins, the sparklin iew-1 on the f' eis, smaruy ww-sxvviBei men sou wwuuw v -.w Yorkr social elite made a trikiniy effective pic tore as they gathered fa the famous "Golden Horse shoe' at the Metropolitan Opera House to hear the cpeninff presentation of "La Traviata." The bias ing half circle ef the cream of Knickerbocker so ciety is shown as It awaited the rise of the curtain t nremiere Amonar the brilliant "throng was Clarence Mackay, tdegraph kia, and. his bride of recent months, the former Anna Case,1 opera star (left) Mrs. F. V. Storrs, with her daugh-, ter, the attractive Anne, at right, as they snared at the Opera House, and Natalie Cos (eenter deb-j otante daughter of Mr. and Mrs. W. R. Coe, 'ose exotic beauty caused much raising ef lorgnettes. . SWBCOiH IS SUITED lIlGIIT The Call Board . . incji. 1 in f mi lOBGIZEO i fCoatlnoed (rem oag 1) bershlp" holders tncludes: Mrt. Goorr Allen. JMpk Albert. L. O. Altmta, Mrs. W. E. AjOmtmb. Dr. h. E. Barriek, Val Lola BaraM, B. &. Bvardaaa. Jhm BUkelr, Abe Cnrr By OLIVE M. DOAK. ELSINORE . Today Edmund Lowe - Th Snfdr in S7wsfs.simsiss ffsa wisieift v v. - - - . - Brows. Ir. T. E. Bran, WiUia Brown, Friday Wslter Huston la C Continued from pas 1) Mrs. Clifford Brews, Gleas Bmrrifht, n. 8. r. Baite. LuU Ktriholomew. vr. Xstia Brank, Br. W. W. Banat, lr. X. Bsraette. Marcmret usrreacBa. Mrs. W. B. Baab. Misi Sal lie Boas, Mrs. H. J. Beaa, Miss Miryak Blair, C. P. Bishop, Mrs. Lola KargoTse, miss itnta ieiara. Mrs. T. W. Creech, Mrs. O. U Clarke. Curtis Cross. BaysseaA Carl, Carlotta COrDOration commissioner's Office Crawler. Est. Ear' Cecarsa,Mrs. V. D. ruMmlnanilal tn a flfaofn that I V00 "The Ruling Voice.' CAPITOL Today John Gilbert In "The Phantom of Paris." Friday Richard Cromwell ia "Shanghaied Love." i t r i u: T :ttiH recommended to the directors that coTT.uT. a a Z cZi li. vb company d resiorea lO me I Doser, Dr. v. A. aearias, Mrs. w u. mutual type of company, and the r UT- 3- lTen- M- Walter 1lrMtMr in nnnrtml in v . l leaus. Mrs. r. to. uecssoaea; w h ww ww aW M S.SB vor of that. 6nsta Ebses, Kiss Mary Xrre, b. W. . GRAND Teday Jesse James, Jr. In "Under the Black Flag." Friday Buck Jones in "Branded." and "The Mr w iivhu wui servo I r , :.'T ' until the annual meeting which TJ"nUi "" ocenrrs on. December 28. j. d. foier. wuiuaa Gsisdorf, cWiea "the sale to the Portland COn- I Galleway, Max Gehlhar. Mrs. Korssa C4t- cern. was made with a view to ..rif'f, SvmL . jj. Strengthening the position Of Our I rt, E. W. Heaao,' EUsabetk Hau, local Company," said Mr. Lee.lMr- H. M. Hawkins, Jobs Heltsel, -5-I-. 8 rruaentiai Ban- HanieI x. m. Hieks. sr. je. s. Ham- corporation had ample resources, mered .Mrs. D. B. Hill. Mrs. Hal Hess, However it was Unable tO Come Viola Haaek, J. rraak Hmshes: through with the money which the .."i.I1 ifr,WJ .i!ld contract. called for. , While there Roy' Kiet.c. a. Kens" Mm. t. b. Kay, BTS some aajUSimentS . tO make I a. A. tveene; miss ureieaes swraswr. respecting; our relations with the a. ximr Mias Edns Tscker. Mrs. bancorporation. the Condition Of i'tbal Lav Mrs. W. H. Lytle. Ir. J. L. V 6e suia ww cub-l MasH Teachers Associativa, aura. A. . ,tlnu to. function as before." iMeXeeaas, Mrs. W. J. Miskiewits, Hsr- Tho lease . oa the room in the M.?or '' M0CT" ., - Patton block was taken br ths I s, ?ai;. tv. holding company; the Prudential Ua McKay. Mrs. o r. Hcistyre. R, fi. RsMnrnnnilnit wvl.v - 1 Marrso. Mil M. Mnisey. uasseres mar- rr: - BUluo ! ra w.k n if.sk- in " : . . , .... sxe.uoe in remodeling the build- m7 cVri E. KeUelT 7. wrtwoyn tne piay ana pwi ing for the occuoancr of tha sub-1 Ms. rviti Kewsseyer. w. t. Keedhaas. I is pitched in a high key of action aidiary. The Itutual purchased the t- tl?"','?fa 5tti!lM,T,MJrf I n4 suspense. The murder of the furniture however. As the Mutual ""5. D?. il' 1 '1 I heroine's father, and the conflict sus uuezpirea lease on Its Old I Bteiser. Ker. Oeorge a. Hwut, Bhernos on iotb 01 nouiniy sua ium ' qusners wnose monthly rental it . "?,",5,tL ? I a piebian make elements inai musrmeet lt Is moving back to Drrr7lVu Its former location. I W. I. Staley. Edith Schryw. Dr. H. O, BtoekweU, Mrs. A. A. SebraaiiB, Mrs. W. T. Stolts, Mrs. U J. 8tBtt, Dr. 8ebieo bans, B. . SMaoa, L. B. ahsaidi, Mrs. Btnan Stone, Ke. W. u. Silver; . R overt Tseket, Less- Belle Tartar, X. F. Tillsos, Batkym Tnrney. Graee Tay lor, Mrs. John Ulrica. A. A. Yasaka, Cbarlea Willaos, raai a. wauaee. Mrs. Walter Winslew. Jolia Webster, H. C. WhHa, A. D. . Weodaiaasee, Geoi(e Wa ters. Be. FreS Albas Weil. T. A. Wia- dlsbar, Karl Wenser, wuuam waiion. HOLLYWOOD Today Irene Dunne Adolph Menjou in "Great Lover." Friday Charlotte Green- wood In "SteDDlnr ont-" "Th Phantom of Paris" will be the feature at Warner Bros. Capitol today. John Gilbert takes the lead in this French melodra ma. From the fastidious lover Gilbert takes the part, of a ma- rielan whose remarkable art en ables him to extricate : himself from every sort of derice which tries to hold him. At the same time he remains the lover and with Leila Hyams he carried through a fascinating love story. The scenes are lavish all the LIVESLEY TO ClITIESn llany to make him perfect. The play Is "The Great Lover" and la Is are Baelanova, Adolphe Men jou, Irene Dunne, Ernest Tor- renee, Cliff Edwards, Nell Ham ilton and others. . There will be an interesting picture at the Grand today. The name Is ''Under, the Black Flag" and the lead will be taken by Jesse James, Jr. He will repre sent his father, the tamed bandit. Jesse James, and In the picture will reproduce the life and ex ploits of this famous figure in the annals of early western history. Tickets are now en sale by the charitable organisations and by high school students for the mid night matinee which will be an erent of November 1 la Salem theatres. The prbceeds from the ticket sale for this matinee will all be given to charity. The overhead is being borne by the theatres snd time for selling tlekets Is being donated. When you give your ad mission price for one of these shows you will be giving every penny to local needs of destitute people. - mm QUflBTET al MGES1IIST. HIMIiS m r---i -; hMOT CERTAI J Indian -Songs '.Included lh Program; Prof. Vance OtOaSab: Talks A ; special entertainment . was provided - at tha. FJwanls : club uncheon: Tuesday by a quartet of students front the Indian school at Chemawa. They are under tha direction f 41 faculty memoer, ueorge sent. . Tne tertalaers were ail dressed In In- oian eostsme. The . program with tne names of those' who -participated is as follows:' 1. 'Indian War". Son as used when on the war path. ny tasusinartet, waien was com posed of Rosalie Grounds, Mabel Boyd, Abel Rutherford and Lew- is Randall. 1. ".Grass Dance" by Abel Rutherford. S. "Unacoem Sueuva". (Here comes Susie), an maian nopuiar song, by group. 4. "Rabbit . Dance", by Rosalie Grounds, Mabel Boyd: S. "Pigeon Danee". by Louis RandalL C. A reading by- Resaliv .Grounds. T. "Coffee, (Indian popular song), by the group, g. War Dance by a tei Kutnerford and Louis Ran dau. 9. Ringtail dance by. the group. 10. Good Luck. sons: to me Kiwanis club by the group. usrry v. Collins, manaser of the Salem exchange, gave a dem onstration of an artificial larynx which was developed in the lab oratories of the Paclfie Telephone ana seiegrapn company. This and other articles of equipment csn oe scon at the telephone of- mi 1 .. : . - new ta connection wun open uouse ims weec. S Chkags watched with great inter est but at a distance as Rose mary Bast, reputed to be the rich est girl in Chicago, became tne bride ef Bartle Bull, eldest son of W. Perkins Bull, Canadian X. C The newlyweds are shown just after the knot had beesrbed at, exclusive St Chrysostom's Church, Chicago. Tusko's owners, are planning to move him to Portland by truck) trailer as soon as the weather will permit. No further action against Rob ert Cox, IT, Aumsvllle youth who allegedly attacked q Mrs. . Sarah Looney. Tt, was taken yesterday, according to Deputy Sheriff Sam 1 Barkhart. Cox was arrested and is in ; the county Jail here, held ter the- juvenile court, . " v - .No word concerning the condi tion of Mrs. Loonev was received here yesterday, and, no- step will ft made in Cox case until there Is Indication of her condition. - Th assault occurred. Saturday night,- Cox hitting .Mrs. Looney over, the head , with a ginter ale bottle when she surp"rld him an- certnr tar noma, of aer son-in-law. I Henry C. Teasen. at Aumsville; Cex, so the story goes, had eater- ea the. house to steal, some beer. SteiwerBacMhg Modification of Anti-Trust Laws PORTLAND, Ore Nov. 17 CAP) Modification .of the anti trust laws and inauguration by the federal government of an in tensive campaign to stimulate building activities will b sought as measures for the rehabultatlos of the lumber industry by Freder ick Steiwer, Junior United States senator from Oregon, at the next ' session bt congress. s f ?'' j . Before - departing; for ' the na tional capital ' tonight. Senator Steiwer said he would seek modi fication' of the anti-trust laws so as to exclude certain natural re source ; industries, . sueh as ' lum ber, from, their operations. " Tribute :Paid iVoddrow Wilson Mover RICHMOND. Ta., Nov. IT. (AP) John Barton Payne today paid tribute tn Woodrow Wnsoa as thn man who died tor tha crea tion of tha covenant of the League of Nations spat mankind might be forever saved from the horrors of war and : that subject peoples might enjoy the right to lire un der a government which rests up on the consent of the governed. The tribute was paid tn an ora tion dedicating n bust of Wilson unveiled in the Virginia capitol by ' Mrs. Wilson before five surviving members of the war president's cabinets, and a large gathering; of distinguished persons. - , W. TJ. FACULTY MEETS The faculty of Wlllamette-nni-verslty held a special forum meet ing Tuesday afternoon to discuss various problems pertaining to '.he university. President Doney did not Indicate what the business of the meeting was. A talk was given the rronn br Prof. H. T. Vance, instructor at tne state college at Corvallls. on "Business Ethics." His main XUTt J Pad 1 TIP in thought was. "honesty is not pol-i W GZ LiCcHJlIlg 111 icy but principle". He said that mere should be no room for die terence of opinion as to ethics applied to business, but in too many Instances the individual se lects his standard to suit his own tastes. That is not always ethl cai wnien has been la prsctiee lor years, ana the general In clination is to go as far as the law allows. The federal trade commission created in 1914 did much to clean up bad business practices, was the declaration of rror. vance. G.OP. Primary ELIZABETH, N. J., Nov. IT (AP) Donald McLean, an avow ed antl-prohibitlonlst, apparently had won the republican nomlnat tlon for representative in congress tonight when all except SS of the 298 precincts in today's four eor- nered race in the fifth New jersey district had been tabulated. Confess Holdup Of Bonanza Bank SACRAMENTO. Cal., Nov. 18 (AP) Arrested after their re marks had been overheard by a woman, Fred Johnson, 28, and Bob Wilson, 21, confessed to Sac ramento police early today that they had held up the Bank of Bon anza, near Klamath Falls, Ore., on November 12. About $1500 of the 13300 loot was recovered in their possession. Both men were Intoxi cated when arrested, police said. keep Interest high. Edmund Lowe and his aleek villi snous appearance will add mystery and suspense to-the plot of "The Spider" which will be shown at Warner Bros. Elslnore today. Assisting him in carrying through to a climax this interest ing mystery will be Lois Moran, El Brendel, John Ariedge, George Mayor of Dorris , Takes Own Life Beckley Jury is Discharged When It Cannot Agree ROSEBURG. Ore., Nov. IT Plane Hits Flag Pole, One Killed KANSAS CITY. Nov.'lT (AP) George W. McGee, 25. was kill ed and Loren O. Stock, 22, was in jured late today when an alr- nl&ne. nlloted ana ownea or c- Gee, struck a flag pole at Swope j (AP) Unable to reach a deci-1 nark and crashed. Both were Kan- sioa arter more man 71 Hours Isas City residents. 01 aeiioerauon, the Cecil Beckley murder trial Jury was discharged late today. Beckley, a farmer. Is charged with the first degree murder of his wife, Alma Beckley, and his step-daughter, Margaret Clutter. who wem shot to death last July I 2. The ease was given to the. He found the right. Inexpensive ! jury issi Saturday aiternoon. ?a a Long Time Since "JoKn TIa4 RHEUMATISM It was understood the Jury waa agreed oa a first degree murder verdict but divided on the question of lite ' Imprison ment or death by hanging. A first degree verdict without recommendation would have been equivalent to-, a death sentence. way -to drive the cause of this crippling Olseese irons ru system a a a St Happy now no more iaie uay his wife joyiauy assen. (Confirmed from pajre l) The nominating commute, can. sistlng of Chairman R. G. Brady. Rev. Eriksen and George L. Ar buckle, was empowered to draw np a new constitution and bv-lsws for the Charities.-The revised doc uments will be submitted at the next Charities meeting. November 29. ' - The board members .last night decided the general board -of the Chsntier 1 hereafter should " be composed of the officers and com ZBltteemen of - the Charities and rpresentatlvea of the . following u erne organizations, with oth er being added at the discretion ot the president: Business and Professional : Women's: dab. Sa lem "Woman's club,v Ecclesia club. xoata club, Endhitls Club, Parent Teacher' association. Y.-W.'C Slksu club,, Cherrians,: Kiwaais elbr Rotary dub; Salem' Ad club. DstU Wriest. Mrs. Taotnis WUlissu. y Rtttnm and Jess DaVorska. ass Hiss Ukars I satis. It El Brendel is in the play it must be that there is also some laughs mixed in with the mystery ior rc is nara to conceive 01 Bren del beine anTthinr hnt amusinc Mrgfc, supernatural effects, and romance are the component parte of this play. It will be a matter of Interest to BM ttiak wnrV nt (!nm StATiSi WASHINGTON, Nov. IT (AP) a,ter ng hIs ouUUnding Pittident Hoover was called on work in "Cimarron" and "Front . . . ,, .... , 1.1.. Pin" touar to Dronae ioua ana iuu&iuk - Hunger Paraders Demand Food of , U S. President for 1.S00 "hunger marchers" tor two days next month. 'The demand was contained in a letter addressed to the chief ex ecutive by Herbert Benjamin, na tional field representatlre of the! he Just has to have a bit of vil greup.i If you are looking for romance go to the Hollyood today. There will also be some villiany In your romance bear that in mind for Adolphe Igenjou Is the. hero and KLAMATH FALLS. Ore., Nov. IT (AP) John Wise, formerly mayor of Dorris, Cam., shot and killed himself late today, reports received here said.. .Wise was said to have driven out a few milea from Dorris. and fired a bullet through his heart. Ill health and financial difficul ties were given as the motives. Tusko Departure Delayed Because Of Copious Rain it As lone as you have an excess of urle acid la the joints, oiooo: and tissues you are going to nays rheumatic pains, aches, twinges and Joint swellings you can't help but have them. 1 8a start today with a swift. 1 safe, popular prescription to get rid of all your annoying rnou- matic troubles It is positively ruaranteed. Just ask Perrys Drug store or Snow Blocking BEND, Ore., Nov. IT (AP) -Snow continued to tall in Bend today but melted as It struck the eronnd. Snow and rain in the McKenxle Pass country had turned to steady snow tonight, blocking the road to traffic Highway officials reported five feet of snow in tha pass and said it prepauiy wouia not be reopened this .winter. Benjamin also demanded that Mr." Hoover give -the : "hunger marchers" ma opportunity to ad dress himself and congress In be- Salem Realty board, Salem Mln-1 half o unemployment insurance. 1 ter ial association, Fraterhls club. American Legion and American legion auxiliary. .FULEMEX OUT Burton Speaker l At Rotary Club SILVERTON, Nov. IT The Sllverten lire demrirtmont re sponded -to two calls for assist ance Monday night during the stormy weather. The first call. shortly after E o'clock came from Dr. William H. Burton of Chi-1 the ' Mrs. Nora Ball residence cago win be speaker at the Rotary I where a chimney fire resulted in einb today and will have for his I the alarm. No damage was done. subject. "Scientlfie Education and I The- second fire, oecuring a boot Yeur Children," Dr. Burton wss a I as hour later was at the C. M. former professor In Oregon Insti-1 Wray apartment house and was luuons and has gained a name for j also a chimney tire with the same himself all over the country la (result as ct the Ball home. Both eaaeaiionu cirdes. . l tires were In tha same mock. WEDS. THURS. AS HIS FATHER IX UNDER THE BLACK FLAGG Red Cross Membership 1 932 Pledge r Name. Street- atr- County. Please eheck form of xnembership taken I ; ' Annual , ; ?5 Contributino;.. $lfi Sustahunjr , " 25 Supporting: : . - - Vx, . . Date .; . . THE AMERICAN NATIONAL BED CROSS Please brin or send to Red Cross headquarters. First National Bank Bid., Salem. HOLLYVOOD Honse of 25c Tonight & Thursdaj Tonight it Radio ramies KTr-.l.a A HOM8 OWNED THKATRK SVavcnpoXX llsa , - FIRST SHOWING IN SALEM or C . s 'r- a ,5h Ernest Torrence, Nen Hamilton & Baclanova Also Corned, News & Football Jor the Fans PenalUesT with Coach Howard Jones of the Southern Cai. Trojans STARTS TODAY HE CHEATED DEATH! The Man with Two Faces . t - t . - - . Hd: : cuffs y- r X. ..- -w I : SvVUttS ' - Hold ) ffinu ! I ' , YotrH " S : A GUbert.; ' : I . ; with Leila Hyams Lewis- Stent -lean ' Hersholt - f: . 'Si ; - AdoIU 1Z Lores SSs Kiidits 10c Always: Go back home for the HOLIDAYS cBhe Portland Rose A Triumph, bi Train Comfort Lv. Portland 9.30 P.M. Daily Portland's oofy thru troifrto Chicogo. v Obseo vanon lounga car. Fountain, radio. Barber, valet, bath. Popular dining car service. Comfortable chair car. v Thru sloe pars Portland to Salt Lak Ciry( Denver, Omaha, Kansas City, Chicago Connection for St Louis, HOME VISITORS' EXCURSIONS - Fare and one-third round trip to Omahc Council Bluffs, Sioux City, Des Moines, Kansas City. St. Louis, Chicago, Mifwaukee, Minneapolis, St. Pout, Dvtuth, Memphis, New Orleans. Effective Nov. 21, 23, 28, 30 and Dec. 5, 12, 17. 18,1?. Return Feb. 29, 1932 Another doOy train oast, Pociftc Urnawd 9:40 A.M. Geaeral Paseensrer ST Plttoek Bleck, Portlastd, Ore. TH I OVEIIANO tOUTI rained. So Tusko, the by now well known svlAnnsnt. r- mslnM in his cost shad st tha anv drnsrlst for sn 85 cent bot- sUte fairgrounds. His keepers tie ef Allenru a sensioie aciea- wlU not transport him to Port-J title formula free from opiates or land In the rain for fear he I nerve deadenlns; drurs It drives TnlrT fnntnrt MMmniili AUlnnt sll DStn and a It OUT In 41 thonrn Trntkn nrohaiblv is thai I hours or money oaea. laneest animal on this continent. Urle acid poison starts to leave he Is by no means the least sos- body in 24 hours the ssme en- . m TT e n i cepuoie to tne eiiects or tne coia i erous insrsunw w w mClenZie r clS5 westher. By nature he belongs sciatica, nenrltis ana lumoago-- in sunnier lanas. iwny noc uu aiBBn vi ibw Bayard Gray and JackO'Grady. absolute gnaraatee today, aav 9 TODAY AND TOMORROW and f.iYSTGRY What was his strange powct thb msgsrtam vrirh ooaapeQinf eyes and toft Tolost Oct of a misty past ho led lsi 1 to hafpisseisj or to senoeT LIU 'a f Cold T Thrills Malic Chills : Sew - It ; An.'- - . aSBBS .BfeSSW 'asast BBSSi' . j i f n r? nil - r t f laeituw i.. i a (5 5