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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Nov. 26, 1931)
Th OTtrGD OTAYryTAN, OiTyThgrsday Morning. NoymfcergS. 1931
Wo Foror Stray ffs;
From First Statesman, March 28, 1851
THE STATESMAN PUBLISHING CO.
Charles A. SrftAcuz, Shfadom F. Sacxett Publisher
Chasles A. SPSACUE r - ', - - Editor-Manager
Sheldon F. Sackett - - - - - Managing Editor
Member of the Associated Press
Til Associated Press ta exclusively entitled to tha us tor publiea
tV f iU-mwi dispatches credited to It or not otherwise credited In
Pacific Coast Advertising Representatives:
Arthor W. Sty pes. Inc., Portland. Security Bldg.
Ban Francisco. Sharon Bid. : Las Angeles. W. Puc Bile.
Eastern Advertising Representatives:
. Fvrd-Parsoos-StecheT. Inc, New fork. Salmon Tower Bids,
11 W. 4 2nd St.: Chicago. 360 W. Michigan Ave.
Enttre d at the Postoffice at Salem, Oregon, ae Second-Clasa
Hatter. Published every morning except Monday. Buines$
office, SIS S. Commercial Street.
Mad SuTacrlp'ion Rat-a. 'n Advance. WiUUn Cfrepn: rUy a-a
Sunday. ,1 Mo. ES cents ; S Mo. $1.25; Mo. 12.25; 1 year 14.00.
Elsewhere SI cents per Mo., or S3 00 for 1 year to advance.
By City Carrier: 45 cent a month: $5.00 a year In advance. Per
Copy t cents. On trains and News Stands S cents
THANKS to the generosity of the good people of this com
inanity and the energy and activity of many individuals
and organizations we think everyone will be provided with
food and fuel this Thanksgiving day. That will be cause for
The hearts of people are touched that no one may suf
fer want in the midst of abundance. The first Thanksgiving
was celebrated not in plenty but in want ; but with a deep
'sense of gratitude for the few blessings that were enjoyed.
It was a day of fasting instead of feasting.
Thanksgiving Day, 1931, if not one of general prosper
ity. Is at least one of universal generosity. And this world
is indeed thankful for that.
Land of the "Empire Builders '
mHE Statesman concludes the series of articles of its man-
Ja, aging eaitor respecting me wpwauww w wc mpx
; Holding corporation, unless additional material should come
to light calling for further publication. When first planned
it was thought that the matter could be fully reported in
three articles. After it was begun matter kept coming in
which prolonged the series. Now the pertinent facts as to
whether there has beerr a violation of the laws of the state
will go to a grand jury for investigation, which is emin
, In this series The Statesman has been acted solely in
-what it felt was its duty in the public service. It has had
not the slightest malice toward any of the individuals in
volved but it has not hesitated to throw the light of day on
what they have done with other people's money. Time after
time we have witnessed stock promotion schemes in which
the investors lose practically all they put into them. Time
after time slickers have operated behind the front of good
and honorable names. We are supposed to have blue sky
laws to protect investors in commercial and financial enter
prises. Yet how rarely has anyone been brought to trial for
violation of these laws! What about the Northwestern Pulp
and Paper company of Astoria,. the Willapa pulp project at
Raymond? Hundreds of thousands of dollars of people's
money were sunk in these enterprises without anyone being
Here with the records of the corporation commissioner's
office it was apparent that the Empire Holding corpora
tion, a recent flotation, was "in straits", that the assets of
the compa'ny has been squandered in reckless promotion, that
the officers liad made fat contracts with themselves, that
; they had never? organized a single one of the operating units
.WniCn Were XO proviue we incuurc i.ur paying umueum
- th atnek issued. The Statesman has made of the story of the
Empire Holding corporation what a doctor would call a
'case history", giving the public much of the inside meth
ods of organization and financing and operation. Our pur
pose has been to expose the proceedings so that if laws had
"been violated the persons guilty could be brough to bar be
fore they had scattered; and more than that to educate the
." public on hazards "of purchasing stock in promotion con
cerns even with fine names on the roll of officers.
I I Aside from the possible violations of the laws there are
fertain aspects of this promotion which impress us as de
i serving of severe condemnation.
a First, there is the use of the official stationery of the
chief justice of the supreme court to launch a promotion en
terprise; a letter so glowing in terms as to certify its char
l acter in the public mind. This using of a great and sacred
Official title for the nromotion of any commercial activity,
let alone one which was purely speculative,. seems to us high-
. sWrtnd. the affiliation with one as crime mover whose
record shows that he had been convicted for using the malls
to defraud. Certainly no prudent man would tie up with a
iatranirer who was obviously a promoter without a most
searching study of his personal
dn letters of recommendation.
Third, the fixingof salaries of five men at a total of
C$42,500 for the first year for a company with no operat
v in income: and one which expected none until more com-
j panies were formed. Even
peases permitted the signers
isiness in addition.
r ; Fourth, the launching of
vin the highly competitive field
j one of the organizers being a
utive in insurance companies.
i if and when the operating
& Tnn thPtn.
r;. "''Fifth, the-extravagance
ly every dollar of money taken
$55.00 remained after eight months of running. True there
I are some $800,000 of stock subscriptions left; but on the
showing of stewardship made in the eight months of opera-
j tion when there was every need and every opportunity for
I conservatism in expenditures, what assurance would the
t stockholder have that future payments would not be dis-
sipated similarly ?
t . Sixth, the exploitation
1 great lodge, making it an instrument in stock promotion.
Seventh, sale xf stock to
fi gaged her home, one widow "investing" $10,000.
5 K The point has been raised that the stockholders should
have been given opportunity to reorganize the company
j without the publicity. The reply to this is that stockholders
ouirht tn know the facts, which all too often are denied
more into a company which winds up a promotion period
"With only $55.00 in cash, Numerous liabilities, and assets
some of which are valueless?
So far as Judge Coshow is concerned the public had
known him as a man of exemplary rectitude. It has been
i much of a mystery how he became entangled in the web
of high finance. Whether it was because he was too trust -
i,0' thers or waa swept off his feet with visions of finan
vCial opulence which he wanted all his friends to share, tvs da
; not know. But he must accept personal responsibility for
his share In the enterprise which thus far reveals at least
frasteful mismanagement and bad methods of promotion
Wo Far S&ail Ac
record, and not rely merely
these salary contracts in some
to carry on private law bus
such an ambitious program
of insurance without a single
trained and experienced exec
This could not but mean that
subsidiaries were formed addi
in expenditures in which near-
in was expended so that only
of fraternal membership in
women, one of whom raort-
..A wmvtSmm Cm eOAA AAA a
B O. C. DAUER, M. D.
Ifnriom County Dept. of Health
The- Anferieaa Ret Cross waa
developed u t litti different
manner than th parent organ
ization at Gen
land. It was
about Its r
a School teach
er until 1854,
when h r
ly . after this
she took op a
position In the
1 n Washing-
or. a a
ton. D. C.and when the Civil war
broke out she began to collect
supplies for the soldiers and dis
tributed the-m through tho Unit
ed States sanitary commission.
This organization was created for
the purpose of caring for the sick
and wounded soldiers.
It was not long before- Clara
Barton headed toward the front
where she literally worked day
and night to carry out her duties.
Before her, Florence Nightingale
had been affectionately called
"The Lady with the Lamp", but
on Clara Barton was bestowed
the name "Angel of the Battle
field." In 184 she was appoint
ed superintendent of the depart
ment of nurses of one of the Un
After the war, Clara Barton
went to Switzerland, where she
soon came in contact with the
society organized there. She had
never heard of the Red Cross, out
was Impressed with Us aim and
organization. She served in the
Franco-Prussian war in 1870
1871, and marveled at the pre
paredness and the efficiency for
relief measures which had beea
so lacking in the Civil war.
Recognized In 1881
In 1877 she endeavored to in
terest congress and the president
In adopting th Geneva treaty,
but In this she was not successful
until 1881. Miss Barton complet
ed the American organization
and when the Genera treaty was
adopted aha made It known that
this country would extend its ae
tivlties from mere war relief to
meet any great publie need or
calamity. From that time, when
ever flood, famine, earthquake,
or fire devastated a region, the
Red Cross has been the official
orgnlzation delegated to car tor
In 1900 tha American Red
Cross ws incorporated by an act
of congress. Since 1908 tha presi
dent of the Unlfed States has
been president of the Red Cross.
Clara Barton lived to be ninety
years old, long enough to sea the
organization which she founded
become one of great magnitude.
Whit aeartk problems aave yeuf It
tie above article raises any question in
yotrr laa. srrite that euestfoa oat eni
tni It eitaer to Tke Ststeraas ev tae
Marion const? depsrtmeoi of aealta. Tke
snswer will espesr in this eolnsin. itssse
shoald be tlcaed. bet will not be ased la
. . . Of Ola Salem
Tows Talk front The) StaUa-
C Bariier Days
November 28, 1908
James G. Seeley yesterday was
found guilty of riot and of en
couraging other persons to acts
of violence In tha Statnt Paul riot
of September 11 which resulted in
tha killing of Marshal Joseph
The heavy freeze of nlarht be
fore last put many uncovered wa
ter and steam pipes out of com
The Willamette Juniors yester
day added another scalp to their
extensive collection . by defeating
the Newberg Amateurs eleven by
a score of 20 to . Salem hizh
school lost to Eugene high 17 to
Xovember 30, 1931
Mrs. Mary L. Fulkerson. county
soperintendent of schools, is ad
vocating forced transportation of
pupils and consolidation of dis
tricts where the distance la not
aa Adopted by Leading AsrtWitiea
By E. V. SliXPAZID--
Expert Adopt m Standard Bidding.
TTOK five years mora than tea Weeks -of mterchancav i per
il millions of wouU-ba contract 'al opinions were toilewed by
llie conflicting advice of naif -a- eurTcd: at tha first meeting ea.
aezen leading authorities. Every. J ana 16thr nothing comparable ta
system advocated was more or less ta importance haa "happened in tha
tinred bT a r,rf f . . T.i half -century's history af bridga.
pvpese: exoert idva rink.
r - ' : r -
teacher; lecture ;torunament. Each
was over the heads af int nr
ofthose wanting to learn con
fromitf 5 gladirwouM have 7 meeting, hart merely been d
rmA ' Jl'? voted ta less vital tdoies.
standard tame. Tar nrt.
with aT ort at: nSTrhS; Sidney 8. Lani calls the Ona-prarSf-iSS
Two-ThreV Bidding. It .was ad.pV
flaws thT7Ki. -wl
fcious ability "rectify defect,
Sprinfc lMVbaw tha airta 1
eluded nearly every leadinr aw-'
thoritr 'and writf sSSZZt
" uu r wrab3TS DilfNni IJL
Brelay, Sidney S. Lena, Winfield
w... O l . fm-Jj'-
, -. vwvin s veianes a. AA-
m fTliiraM try. n ; t
rri wX n
and Edward & Waif a. derelandi
t.i f . .
1 c Jr-
1 v r 1 f
1 ' jL U 1
2s 1 r5 A
Timorrow: "Hs Reads the Storms'
BITS for BREAKFAST
-By a J. HENDRICKS
Kewa S3 yaara eld:
(Continuing from yesterday:)
Petar H. Burnett had been a mer
chant la Missouri; tien a lawyar.
Times were hard in that section
then; no markets; ae tale for
anything. Plenty of good land,
but such a period of "depression"
as made tha one tha present Ore
gon population has been passing
through look like lesa than SO
cents. Burnett was one of tha
principal speakers who addressed
th gathering crowds in favor vt
going to Oregon. Ha almost starr
ed tha first winter ('44) in Ore
gon, but was chosen supreme
Julia of tha provisional govern
ment, went with the gold rush to
California In '48, and became tha
first governor of that new state
which tha Oregon gold rashers
broke into the anion In 1850;
then chief justice of California,
and finally a wealthy banker in
A writer in Bancroft's History
says Peter H. Burnett and Jesse
Applegate, aome 20 years later,
met In San Francisco, and that
they embraced each other like
lovers and shed tears as they
talked of tha old daya on the
plains and in early day Oregon.
J. Hembree, mentioned by the
Picayune editor, waa not the only
man in the '4S imsaJrratlaa who
died on tha Plains though he
waa perhaps among the -first ones.
Ho was no doubt a relative of A.
J. Hembree. of tha same covered
wagon train, who settled In Yam
hill county and was a member of
tha provisional government legis
lature of 'it, also of '47, and of
tha last one in 1149. Ha was al
so la tha first territorial legisla
ture that met July 16, 1S50, at
Oregon City, and the 1854-5 ses
sion that mat In Salem. He was
one of tha trustaea of tha- Lafay
atta acaaoadmy, chartered by tha
territorial legislature of 1851-1,
that met In the basement of tha
Oregon Institute, that by change
of name became Willamette uni
versity. more than two miles.
TOKIO Crown Prince Hiro
hito, 20, haa been designated re
gent of Japan, because of the
mental illness of Emperor Toshl
to. Hlrohito Is urging his nation
to adopt "whatever it good that
foreign countries possess."
WASHINGTON Gradual abo
lition of extraterritorial rights la
China was agreed to "In princi
ple" yesterday by the arms con
ference and an exhaustive exam
ination of the Chinese judicial
system was decided upon.
- Faw .tntvMU-
Ih Mthotity aaerifieed pet the
ories lor tha general gooa ax waa
game, and algaed an agreement ta
adept tha eahent features tnas re-
paired standardisation. SueceeaV
..The .system adopted, was what
" aeat.usMUng amtuancy, ama-
terff strategy I nava taught this
belted ta'aet iffSanttf. L S
t The. Official Cans ft
. a . -V a. A
'tTl ZlZT "
wantid bnabody. Each player
OX UO UBKaBl U
. . t . 1 i. -j
cwuaus Hsuur ausj rwst iikmw m
Ttena ualuatlon. aadtaiJaywhat-
OBsy scon, aged s,
Of RENaOKLA.. PLAYS
ITT SELECTIONS CORRECT
LY ON THE HARMONICA
A GLASGOW INVENTOt S A0TO-
OAT WITH WHOIS TSAVELS
OK LANO AS WEU AS WATEI
v "THE-' a
PUMPING A FEW
DROPS OF WATER
UNDER PRESSURE INTO
A GOLF BALL'S HEART
GIVES IT A WALLOP
UKE 'NEEDLED' BEER.
MAKING IT GO 10
YARDS fA RTHEO
The 1843 wagon train reached
Fort Laramie July 14. On July
21, aa noted by tha Picayune edi
tor, they were at Independence
Rock, great monolithic guest book
and register of (ha plains. On tha
28 th they struck the Sweetwater
river. On August t they cama la
sight of the snowy peaks of the
Rockies, and on the following day
Clayborne Payne died of fever,
and Rer. Garrison, a Methodist
preacher, member of the Oregon
train company, conducted the fun
On tha Big Sandy, tributary of
tha Green river, Mr. Stevenson
died, August 9. But there were
more births than deaths on the
long Journey. One child was born
on" -a raft, going down tha Colum
bia. There were several divi
sions after Independence Rock
was passed. But tha parties were
all together at Fort Hall, tha first
arrivals waiting for tha others to
catch up. Thomaa D. Kaiser was
the first to arrive at Green river,
and tha first to leave that Point.
Ha claimed tha same distinction at
Fort Hall, said he was tha first
to "break tha sage brush" west of
that historic point but J. B. Mc
Clana disputed this statement; as
serted that tha honor was his.
Kaiser bottom, below Salem, was
named for him. The members of
that family took up donation
claims there: first wlnteriaa
across the river from the. old mis
sion. In what Is now the Wheat
land neighborhood. McClane was
the first postmaster of Salem un
der the provisional irovernraeot.
He platted what ha claimed (and
was tn point of early settlement)
to be tha first Salem, on "Boon's
Island." north of North Mill
creek, and west of Broadway.
Dr. Marcus Whitman joined
tha company an the Piatt river,
and tha party ha led took a short
cut from tha Green river throngh
the mountains to Soda Springs, by
way of Fort Brldger? afterwards
known as tha Bridger cut-off.
Daniel Richardson died at Fort
Hall. At Salmon Falls. Miles
Eyres, a Scotchman, was drowned
while attempting to cross the
Snake river on a mule. Tha train
reached the Grand Rondo October
1, had snow the next day, and
were across the ridge the 3d.
Thence over the Blue mountains,
taking 40 men five days to break
the road through tha timber.
James W. Ncsmith, then In very
early manhood, laid his political
fortunes there, in the "Way he
headed and handled the strong
men getting over that most diffi
cult part of the long journey. He
became TJ. S. senator from Ore
gon. October th, the train reach
ed the Umatilla; camped on the
10th three miles from the Whit
man station at Walilatpu. Chief
Stlccas of tha Cayoses had been
tha pilot through tha Blue moun
tains. Dr. Whitman having; been
called by a messenger to go and
attend Mra. Rev. H. H. Spalding,
who was sick at the Lapwat mis
sion. But Dr. Whitman rejoined
tha train before It reached his
There were still terrible Sara
ahead, from tha Whitman -station.
The- wagons morM forward, down
tha Columbia, after a rest of a
tew days; forded- tha John Day
and Desehatea rivers, and arrived
at Tha Dalles. Jesse Applegate
and 70 others undertook to de
scend tha Columbia la boats, Dr.
Whitman going with them, ta
ring home Mrs. Whitman, who
was still at Tha Danes, after her
visit to tha missionaries around
what became Salem. They had
an Indian pilot. Is golna throurh
the Columbia rapids, a boat of
tha Applegate contingent over
turned, drowning a son of Jesse
Applegate, crippling for Ufa a son
or Charles Applegate, and drown
ing C. M. Stringer and Mr. Mc
Clelland, whila WflUam Doke and
Ellshe, a son of Lindsay Apple
gate, narrowly escaped. Lindsay
became, in his time, the outstand
ing silver-tongued political ora
tor of Oregon, and held high of
fices, and barely missed higher
From The Dalles on. storms
were. - encountered, and many
naashipe, with near starvation and
almost indescribable suffering.
But tor Dr. McLoughlin of tha
Hudson's Bay company, many
would have loat their - lives al
most in sight of tha - promised
land. More hardship and suffer
ings ware encountered and endur
ed in getting from The Dalles to
Lovely Fanchon Meredith, is
wanted by tha 8aa Francisco po
lio In connection with a murder
committed by her sweetheart,
"Tony. Fanchon did not know
he was a gunman. She eseape by
airplane under the name of
"Smith." Aboard la Evelyn How
ard, whom Fanchon met on a voy
age from Hawaii. Evelyn la going
to New Tork to lira with her
aunt, the wealthy Mrs. Carstairs,
whom she never saw. The plane
crashes and Fanchon Is the only
survivor. To get away from Tony
and the past, she goea to the Car
stairs home as "Evelyn." A strong
bond of affection grows between
Mra. Carstairs and her "niece."
Collin Carstairs Is at first antag
onistic because of his "causin's"
Hawaiian escapades and her self
righteous attitude when his moth
er offered aid, but Fanehon'a sin
cerity overcomes his objections.
They fall In love. After" a happy
summer at Southampton, Fanchon
makes her rebut In New York.
Collin, though realizing their re
lationship Is a barrier, cannot re
sist professing his love. Fanchon
cannot acknowledge hers without
reevaling her Identity. A few days
later, a threatening note comes
from Tony. She visits him.
The neighborhood had once
been very rood, the street waa in
a backwater, a small, blind street.
It was run down now, the very
trees, growing forlornly from the
asphalt, had a neglected and
pathetic appearance. Children
played mildly enough. In the gut
ter. Women went by, market
baskets on their arms. Some were
slatternly, some were neat and
self-respecting In appearance. Be
fore one house a very fins, ex
pensive car stood, a chauffeur
waiting. As Fanchon hesitated an
elderly woman, wrapped In an an
cient mink coat, came down the
steps of the house. Evidently she
had always lived in the neighbor
hood and nothing wculd make her
move away, not even the gradual
degradation and decay.
Slowly Fanchon went up the
brownstone steps. They crumbled
a little. The handrail of stone wag
worn. Shabby, dusty Brussels
lace curtains hung at the front
She did not know what she
would say. She could not know.
Her mind waa almost blank but
of her courage she was certain.
Tony bad loved her. Perhaps,
siUl loved her. Possibly within hia
love for her she might find some
core of understanding for her
position, some excuse for what
she had done. Yet on the other
hand, that very understanding
and that same love might consti
tute for her the greatest menace
She put out her slender gloved
hand and rang tha old-fashioned
Tony opened to her. He had
been waiting, hidden behind one
of those limp curtains.
"Tony " she said, on a smaU
the, valley than on all the rest of
the Journey of over 2000 miles.
The writer takes spare to add
a little Thanksgiving message:
There was much destitution
(Continued on page 9)
"What do you think will be the
result of the Willamette-Whitman
Joe McCarthy. Salem high
school student: "Willamette will
win. I think they're pepped up
Boee Huston, stenographer;
"Will Willamette win Absolute
ly! Whitman has a green team.
Jack Simpson, Kappa Gimio
Rao, Willamette surfreraity: "Wil
lamette, of course. The snow is
going to be so deep that the Whit
man man won't be able to see
over It. W. U. will walk over top
Claire Miller, Sigma Tan, Wil
lamette asdverslty: Willamette!
Who do you s'pose? Why, we've
get a better team!"
Max Lindholm, Alpha Pal Delta,
Willamette university: "Whitman
coUege will be walked over by the
Willamette squad with the latter
scoring a surplus of aerea points.
Dope Shows it and tha bora are all
primed to go. Nothing cah ston
Irma Baker. Alpha Phi Alpha.
Willamette university: "We're go
ing to win, of course. Why? Be
cause we have the best team."
Jerry Warn pier. Delta Phi. Wil
lamette university: "Willamette,
of course; because we have the
Fare Cornutc. Beta Chi. Wil
lamette University: "I hare a
hunch that Willamette Is going
to win. Why? Because I'm goiag
to be there!"
Eleanor ..CorpfaelL .Lausanne
Ball. WUlamette university :
"WiUamette Is because we have a
Tic J ones, accountant: "Toss
up." Willamette has been falUng
down a little bit In the last four
games and it la hard to aay what
they will do. Might beat Whitman
with a big score."
"I have seen the glories of art
and architecture and of river and
mountain. I have seen the sunset
on the Jnngfrau and the moon
rise over 'Mount Blanc. But tha
fairest vision on which those eyes
ever rested was the nag 01 my
country in foreign port. Beauti
ful as a nowar to thou who love
It, terrible as a meteor te those
who hat. It la the symbol of tha
power and glory and th honor ol
fifty millions of Americans.
IL. tfc. irsSteA l HI r
rsr i" r aa
'You no longer care for
Looking at him, she remem
bered how much, how unthink
ingly she had cared. Looking at
him with the eyea which had
looked upon Collin to love him,
irrevocably and forever, she felt
no stirring of the senses, simply
a strange constriction of the
heart, in pity for Tony, In pity
and, compassion for all that had
been between them, in pity for the
girl she had once been.
He said, evenly:
"You came. Good. We have
much to talk about." Ha took her
wrist and drew her gently but re
lentlessly Into the house. "Come,"
he said, with a flash of his white
teeth, "Into this parlor. We
shall be undisturbed. Quite
She followed him. The room
waa long, it was dark, there were
valour overdrapes. On the papered
aad peeling walla were Victorian
era prints, once very gray, now
rather dismal looking. . . Stags at
bay and curly headed, golden
haired children at prayer. The
furniture was plush, a dusty red.
There was a fine mantel. Candle
sticks of wood and two conch
shells reposed upon it. Beneath It
waa a gas log, not lighted,
In one corner, a whatnot, load
ed with dusty china knicknacks;
in the other, a really lovely sec
retary. A bead curtain divided the
room from another room. There
was a small s quare piano, a
scarf thrown over it. There were
modern student lamps and one
ail lamp la red glass. There was
a Rodger group and a ladder
backed chair and a Morris chair
and two pieces of Mission furni
ture. It was a hodga podge of
generations, all of them dusty. It
had a strange odor, that room,
dust, decay, disinfectant; cabbage
boiling and genteel poverty. It
was iacredlbly depressing. .
Tony put his arms around her.
"You are lovelier than ever,"
he said softly.
There was no shock to her
senses in his nearness. Her sen
sea remembered dimly. But love,
which had glowed through them
was gone. That aha experienced no
revulsion was merely habit. Her
senses might remember but her
heart did not; nor yet her mind.
She drew herself away, gently.
"fiease, Tony," she said.
He placed a chair for her: aat
down himself on an Empire sofa,
battered, the upholstery thread
bare. He stated gravely:
xou no longer care for me?"
He had explained nothlar. as
yet. But ltw as all easier than
aha had expected. She said, hon
MORTGAGES INVESTMENTS INSURANCE
An Ihventor Can
Always Be Thankful
for a Good Mortgage
A rood .Mortgage can have little or no deprecia
tion in value. Contrast this with the value of
stocks and bonds oyer the past several years.
Wouldn't it seem, then, that adding a few well
chosen Mortgages 0 your Investment program
would be a wise proceeding;?
For information, call or phone 4109
Hawkins j& Roberts, Inc.
Second Floor,' Oregon Building, Salem
me," he stated gravely.
He spoke without accent. But
hia gesture was South European.
A hand flung, palm up, a shrug
of the broad shoulders under the
well fitting coat.
"I see. I had expected it. Who
when you found out . . . about
"I began," she said, trying te
be honest. "I began to stop car
ing then. In It was a shock to
me. You dont know. . . But . .
I have always appreciated all you
did, all you tried to do And . . .
tor a litti -while " She hesitated
and stopped and waa amazed to
find teara in her ayes. He fin
ished her sentence tor her..
" For a Utl while we were
happy. I see. I would have told
you before. But 1 was afraid.
You see,", he amlled ruefully,
rather charmingly, "yon see I
was in love with you, Fanchon."
She started a little at the use
of her name. She had noteheard
it for so long. Tony's keen black
ayes narrowed. He went on
"And I waated to marry you.
But I was afraid te tell you. So
I planned Instead to make my
pile, to turn my last trick, to
marry you then and take you
away somewhere and go atralght
in aome place where we could live
happtly, and no one would ever
be the wiser, least of all you.
But I didn't turn the trick," he
She looked at him. His even
pallor, that of olive skin, was
perceptible. He had grown a litti
heavier. He looked a little gross.
Ha was no longer clean shaven
and wore a small mustache. Yet
there waa a certain lean hunger
in his eyes. His eyes looked sleep
leas. She began te be afraid. She
shook the tear from her.
Tony, I have brought you your
money ail of it," she said, and
handed him the envelope.
He took it from her. Ha did
not open it. He held it in his hand
and regarded it. Hia face was ex
pressionless. Presently, he put It
in an Inside pocket.
"You do not need It?" he
asked with a most extraordinary
formal courtesy extraordinary
under the circumstances.
She shook her head.
"Very well, then. I do. But it
will not be enough. I must have
more much more besides. Not for
myself alone. Bnt for you also.
So that we can both go away and
tart all over again and you
must help ma."