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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Dec. 5, 1931)
PAGE FOUR The OREGON STATESMAN. Salem, Oregon, Saturday Morning, December 5, 1931 "No Favor Sways U; No Fear Shall Awe" From First Statesman, March 28, 1851 THE STATESMAN PUBLISHING CO. CHARLES A. SfRACTJE, SHELDON F. SAOCETT, PublUhtTM Cbarles A. Snucur . - ... Editor-Manager Sheldon F. Sackett - Managing Editor Member of the Associated Press The Aeaoclated Frees ! exclusively entitled to the km for publlc tlM ct all news dispatchae credited to tt or not otherwlaa eredlud in this soper. .j Paclfie Coast Advertising Representatives : Arthur W. Strpee. Inc., Portland, 8curUy Bid. ,8aa Franclaca. Sbaroa BM.: bu Angeles, W. rae. B1J. Eastern Advertising Representatives: rord-Fareona-Stecher, loc New Terk, Salatoa Tower Bid.. ' 11 W. (M SL l Cblcasa, S0 N. Michigan Ave. EAtered at O Poetoffio at Salem, Oregon, a Second-Class UatUr. Published every morning except Monday. Business iff ice, t!5 S. Commercial Street. SUBSCRIPTION BATES: - Kail But script ! Ratw. to Advance. Within i Oregon : Dally Sunday. 1 Me.lU.cefita: S Mo Mo. I2.2J : 1 rear fO. ElNwkM e eeata par Mo, or f 5.80 toe 1 year In advance. Br City Carrier: 45 centa a month: $5.00 a year In advance. Par Copy t can. On tralna and Newa Standa 5 centa Governmental Bankrupty THE veteran editor of the Yakima Republic knows his ec onomics from the roots of the sage brush up to the big red apple on the top bough of the fine orchards they have in his valley. He is old-fashioned enough to think that debts ' 'iould be paid instead of postponed and that communities ' like individuals should live within their means. He had an editorial recentlv which was a veritable primer in the prin ciples of public finance. It deserves reprinting and ought to be pasted on the desk of every congressman, including his own John W. Summers. People simply refuse to face facts and rely on some re mote control in the shape of a Great White Father at Washington to feed and clothe them. The facts which Ed itor Robertson recounts are elementary, but they are for gotten at nearly every election, and quite consistently by legislators to whom the public treasury is a political crack er barrel. Read what the Yakima Republic has to say; the lan guage is simple enough for everyone; and the truths are so clear they hit you in the face: "Where can one find Instances of government bankrupt cy? Anywhere from certain drainage districts of Yakima county to the great and proud nations of Europe. When Is a government bankrupt? When, as in the case of a private corporation, it cannot meet its obligations in the doe coarse of business. Why does' not such government print more money-and pay its debts? Because money cannot be printed; only paper promises to pay money can be printed. Where, then, can the government get money with which to pay its debts? It must take that money away from its citizens. ; "Is the United States government bankrupt? No, pot yet. Is there. danger of its becoming bankrupt? There is grave danger of that calamity. Wherein lies the danger? It Is due to the de mands being made upon the public treasury. Are those demands confined to the operations of government? No; governmental functions are limited in extent and inexpensive in operation. What is the cause of those excessive demands? The desire of many thoughtless people to have the government do for them those things which only the people themselves can do. "Who is responsible for the deplorable conditions in which . the government finds itself? The people themselves. How so? For giving heed to demagogues and charlatans who point the way to a fool's paradise instead of electing representatives who have some knowledge of the principles of government." c Buying the Siletz Road THE interstate commerce commission has denied the appli cation of the Oregon Electric to purchase the Valley & Siletz railroad for $2,000,000. The O. E. had planned to buy it and then build a connection from its line south of Salem . with a bridge over the river at Independence. This would fcave cost over a million dollars. The Capital Journal re marks: "The public seems the only loser by the decision, for the expenditure of a couple of millions in new construction as proposed by the Oregon Electric would have helped solve the unemployment problem." From a narrow viewpoint that may be true; but from the standpoint of economic investment" it seems to us the interstate commerce commission acted wisely. The price which the O. E. offered was extravagant for a 40-mile road, probably two or three times its physical valuation. The Val ley and Siletz lies in the Southern Pacific territory across the Willamette where the O. E. has never penetrated. There would be no advantage of moment to the communities served which could not be equaled by the purchase -of the road by the Southern Pacific which offered to buy it. So far as new construction goes the commission is jus tified in scrutinizing carefully proposals for added invest ments of size. The roads now are not earning interest on their property value. Even roads with fine trackage are in a hard struggle for business. To add to the capital invest ment unless such investment is sound and economical mere ly adds to the total burden which the country and its ship pers must support! Relieving unemployment by wasteful and unnecessary construction is poor business. 1 Buying the Right-of-Way THE enthusiasm that greets the word that the highway from Salem to Portland will be widened to 30 feet is tempered by announcement that the counties must provide the right of way which will be 40 feet of land, either all on one side, or two strips of land as the local contour requires, increasing the width from 60-feet to 100 feet. On most of the roads built by the state the right-of-way was provided by the counties, although the law now permits the state to buy the necessary land. Marion county would be entirely willing to buy the land in this case were it not for the fact that its payments into the highway fund have been so far in excess of the expenditures for construction and maintenance within the million dollars. - : : Since the county has only one state highway, the Pacific, on which state money will be spent, and when the present -program is completed little more money will be spent on this road for a great many years, it would seem to be only fair, so far as this county is concerned for the state to provide the land for widening. At a church conference in said there were too many churches. That information is not new. Here In Salem we have some 35 churches and missions: and most of them are in a constant struggle to pay the preacher and the fuel bill. Many of the divisions are no longer on theological lines but on so cial lines; and sometimes churehes function more as clubs than as religious bodies. Perhaps the hard times may force some "mer cers", but prejudices la religion have remarkable powers of survival. . The stag dinner of state house officialdom will make good one platform pledge: it will be.witheut coat to the taxpayers. US JENSEN DIES FEMEISKCJf WOODBURN. Dec. 4 Hans Jensen, nearly 70. died Thursday evening at his home near Oak Lawn,- northeast of Monitor. Funeral i services will be held Monday afternoon at 1:59 o'clock at ', tho Norwegian Lutheran inarch at Monitor, Rev, Roges county, nearly three and a half Portland a Drencher from Vow vnrt officiating. Burial will be in the Simmons cemetery north of Mt. Angel by side of his wif who died a number of year ago. Mr. Jensen was born in Den mark, Dec 7, 182. He was a farmer, and lived near Oak Lawn for nearly Zf years. He is survived by thre- daugh ters. Mona, Sophia and Mrs. Hen ry Hansen, and one grandson, all Irving at Monitor The United States hat about 12 physicians for every 100,900 persons.- - ----- The Depression Diet By VERNON A. DOUGLAS, M.D. Marion County Dept. of Health During prosperous times on does not generally feel pressed to consider now his food dollar ' might bo spent to best advan tage. The na tural tendency seems to lead to the purchase of food stuffs which appeal most to the pal ate. Where at tractive foods are available in profusion this mas no deabt aeoar ag ed overeating, especially o n the part of prosperous -. xm. V. A. Daaslaa adults. Children, however, need both a Quantity and variety of foodstuffs to provide em orgy and building materials for full devel opment. It is to be feared, how ever, that the destitution in which many children over the country are now living may leave them weakened and Injured for life. It is difficult to retrench on the diet of children, but If re trenchment Is necessary In indi vidual families, the question . Is where can it be made with least danger of inflicting lasting in jury. To do this it is obviously necessary to sacrifice some fea tures of the diet which are nor mally desirable but not absolutely essential. Such a diet may appear flat and monotonous, but if all the actually necessary nutrients are there, at least the health will not be endangered. Miss Lucy Gillett, a well- known nutritionist of New York city, suggests that for a moder ately situated family the "food dollar should be divided as fol lows: One-fifth, more or less, for veg etables and fruits: One-fifth or more for milk and cheese; One-fifth or less for meat, fish and eggs; One-fifth or more for bread and cereals; One-fifth or less for fats, su gar, and 'other groceries. When the Income become lower, thus forcing expenditures for foods to a low level, more than one-fifth, perhaps one-third, should be spent for milk in some form, because milk contains so many of the food factors neces sary for growth, especially cal cium, and vitamins. For this low er Income diet, one-illtn tor fruits and vegetables should if possible be maintained but with the selection limited to the cheap er assortments; at least one-fifth for cheaper cereals and bread- stuffs (such as whole wheat grain), since they help meet the demands of hunger and furnish heat; the greater part of the re trenchment can well be taken from the other two-fifths. If plenty of milk, milk products. vegetables and cereals are pro vided, one can temporarily, at least, forego the customary amounts of meats, sweets, and the other miscellaneous foods bought in the grocery. It happens that milk, fruits and vegetables, and unrefined cereals are not only the cheapest but the surest Protection against nutritional deficiencies which may lead to lifelong injuries to health and working efficiency. What health problems aave rout It tha above article raises eoy qu.jtioa la tour. mind, writ that Question oat and end It either to The Statesman or tha Marion county department of health. The answer will appear la this column. Nana Should be aimed, bat will not be used in lac nioer. Daily Thought "Do you tear the force of the wind. The slash of the rain? Go face them and light them, Be savage again. Go hungry and cold like the wolf, Go wade like the crane; The palms of your -hands will thicken The skin of your cheek will tan. You'll grow ragged and weary and swarthy, But you'll walk like a man!" Hamlin Garland. A CONTRACT V I . "TA Of Hani V4 " " as adopted by Leading Atfcoridesi : By E. V. SHEPAKD Showing Full Strength eU One. JUST as the declarer opens tricks) support for Z's spade dec with a bid of one, two or laration. three, in order that his part- Counting tricks is quite accurate ner mav know what mnnA. UD .V ten; yl there erdi !i upporUng narij, occurs a dttplicatim of Tal. strength Insures gme, so dummy ues, or a misfit ei holdings, that should on his first assist or shift causes estimated tricks to exceed endeavor to make clear to the tno wm m ictaal Pl7 Y knew original bidder whether a part i"5 .,t,hdB.i"nip8.Par: Tl.E?" ? .8laa mU8t wiuuuij; uuuu x no nexi nana Illustrates this point Head T. 3 eVK.J.le-t-4 eV-3 -A-Q-J HaaJ A. Jj Head 1. 47-S W-K-J-1M K-7-4 -5E5 2 at 2 V-T-i-4- eVQ-J.l- -I-1M L Haae! L AA-Q4-3 V-J-5 eVA.t-S-2 -7-4-3 1 m. mi absolute!, minimum ALSJWSt npon 8 oaenine? . . . . wvw e Iwm I" " . ' ZfLP . ttel1 30latly onK 1 quick tricks; they won one heart tock when Z finessed the dummy's Q. and they also won a single dub trick, giving the declarer f-odd. Bat of course that is a side issue, The first question to consider Is whatT should do with hbhand HERE'S HOW T5 HO Nlftt omy m$HTi PROF. CHAf. H. UNIV CHECKED THIS HAD TO AN NOUNCEMENT500 TIMES WITH TRUE TIME AND FOUND IT ALMOST At. WAYS WRONG SOMETIMES BY A FULL MINUTE GYROSCOPE .eV--TJ m 'Mr 3 W ' -J " sa 1 Ml SBl fL::,,W"" an ... , tkt -HBBBBa m. . Sunday: 'The Coldest Spot on Earth' BITS for BREAKFAST -By It, J. HENDRICrtS Carried Papineu's picture: m The Oregon Historical Society Quarterly for March, ISM, had a long article entitled "Reminis eensee of F. X. Matthleo' by H. 8. Lyman. Most of the matter contained therein is familiar to careful students of Oregon his tory A few points, however. have been very generally over looked. The article in manuscript was submitted for the approval of Mr. Matthiee., so the information is accurate. m m One Interesting point la the fact that F. X. Matthleu on May 2, 1843 carried with him at the Champoeg meeting a picture of Joseph Louis Papineau, whose fiery oratory helped inspire the revolution in Canada, that drove young Matthien to the United States, to save himself from the fate of hanging, that befell a number of his companions, brother members of the "Sons of Liberty." V V Matthieu was therefore a more intense partisan on the side seek ing a" favorable vote for the mo tion to organ Lx n provisional government than most of the Americans present dreamed. Matthieu wasborn in 13 IS In Terrbonne, 12 miles from Mon treal. Canada of French parents. In that town, when h was a growing boy, there at a highly educated notary publie named Vela do, who was also the school teacher. Velade was an ardent ad mirer of the then young American system of government. He filled his pupils with like sentiments. "a "a When still a mere boy, Mat thieu went to Montreal, where he was engaged in clerking in a store. Being already Imbued with their ideas, it was natural for him to find and Join the Sons of Liberty. Their society was of course secret. They carried their ideas to the point of a belief in armed resistance if necessary. They were inspired largely by the speeches and work of Papineau, a member of the local parliament, who protested against the injus tice of the British overlords, such as brought on the American revolution. "a There is doubt as to whether Papineau wished actual armed conflict; but it came. Young Mat thieu, being a merchant's clerk, had been in position to procure lead and powder. Matthieu. then 20, saw 16 of his brother Sons of Liberty hanged, in pairs, back to BIIIIIIGTT Svitem'? I PS probbir trick, msu5ert?h. jumpea the declaration to S Spades, thereby saying: "Partner, even minimum bidding strength ia year hand should give ns 6-odd, perhaps t-odd. If yon hold a single probable trick in excess of bare opening bid requirements bid 8 Spades; pass In case you hare de clared upon minimum values.'' Of course Z had made a very weak opening bid and he had to pass, but had the missing king of hearts been held by A a small slant eeuld have been made. On the other hand, had B held the missing king of diamonds only 4-odd could have been won. The principle ef at once showing full assisting strength is impe tant. If yon hare a timid partner and raise his opening bid of 1- whenadsTn tricks, ye, nuy low gaKi: "7 onee npon t assisting . auia inexs. Ton bit lota Mine, enhedoeanetadvanc. th dU; trick, thus allowing you to bid garneT But If you once jump pVrtner te" Heart? on your 'iTicklrebnbly e?en timid partner wfll venture to kid game upwhlt m FtrkS "- r . . TrlTII NTri Btw" By EDSON U) WGXUtS? O'CLOCK ttowK sourto fOT OP SOUND MA4 u mcteomo; tvory OWNS M MAnjMn I lEAOy 'MIX IN 'TALKIES' ITALIAN WAtSHP f IGAFETTA WILL H EQLWPED WiTM a RtlAT TO STEADY IT AND eMPROVE OUNNEIS' MAMCSMANSHS back, in one market place. He went Into hiding. Dr. Fras ier, (an uncle of Dr. John Mc Loughlin), holding a government position, asked young Matthieu why he did not leave Canada. "I have no pass," he replied. "I will give you one," said Dr. Frasler. When he arrived at the border, the young- man wag wearfng the black? and red diamond squared plaid, which was the patriot uni form; he did not think this was unsafe while he had his pass pert. The officer, however, did not detain him. He said to tho young man, "Well get along with you; the sooner the country Is rid of you fellows the better." Matthieu found work as a clerk in a store at Albany, New York; thence went with his em ployer to Milwaukee, Wis., in the same business and employment. He found his way to the old French city of St. Louis, Mo., in August 1839. Soon he took ser vice with the American Fur com pany, largely made up of French men. He first had charge of trad ing operations for hie company among the Sioux and! Dakotas. After a yer, returning to St. Louis, he went out on the Arkan sas to Bent's Fort (1840), as a free trapper. The next year he was in the Black Hills. Early In the summer of 1842, at Fort Lar amie, he was offered an opportun ity to go to the Black Hills. Early in the summer of 1842, at Fort Laramie he was offered an op portunity to go to the Oregon country with the party of Dr. Elijah White. Thus Matthieu came to this section with tho first considerable party of actual sett lers; with "the immigration of 1842." a "a There seems . no doubt that Matthieu saved that train from massacre at two points west of Independence Rock, on account of his acquaintance with the Sioux chiefs and a knowledge of their customs. Papinau, too fled the country and came over the line into the United States, remaining two years, then going to France. Years later, there was indeminlty for the living Sons of Liberty; but this did not bring the dead ones back to life. Matthieu brought his bullet molds to Ore gon, and they are now in the museum of the Oregon ' Historical society at Portland. That is, the bullet molds to make bullets for the use of the Sons of Liberty. S S Matthieu reached Oregon City September 25, 1842 and after a short stay with Father Waller went to Champoeg, where, a mile and a half from the old landing, he found Etienne Lucier, and re mained with him during the win ter. Lucier was then among the oldest of Oregonians, having pre ceded Matthieu about 30 years. He csme with the Hunt party of the Astors. He was 60, and living with his second native wife. They talked about the matter being agitated; that of a provisional government. Lucier was suspi cious. He had heard that our American gorenment imposed heavy duties sueh aa placing a tax upon windows. But Matthiew was able to argue away bis sus picions. The fact is, without the presence of F. X. Matthieu at the Champoeg meeting, the vote that day on the organization of a pro visional government would likely have been lost. "a "a Matthieu remained with Lucier until 1844. Then, for two years, he was engaged in building hous es and making wagons for the settlers. In 1848 he was married and took a mile square of land a mile from the river, back of Butteville. His wife was Rose, a daughter of Louis Osant. The mother of Rose having died, the girl was brought up in the family of Pierre Bellique, next neighbor to the Luclers. Osant was one of the leaders of brigades for tho Hnndson'a Bay company like La Framboise, Capt Tom i McKay, and others. I - Fourteen children were born in tho Matthieu family. Their home life was beautiful. There was nev er a&y lack of respect for the mother, or any other member. Mr. Matthieu was made justice of the peace under the provisional government. He settled most matters as justice of the peace by A it MASQUERADE SYNOPSIS - Lovely ranehon Meredith Is wanted by the San Francisco po lice in connection with a murder committed by her sweetheart, Tony". FanchOn did net know he was a gunman. She escapes by airplane under the name ef "Smith". Aboard ia Evelyn How ard, whom Fanchen had met on a voyage from Hawaii. Xvelrn la going to New York to lire with her aunt, tho wealthy Mrs. Car stairs,, whom ahe narer saw. Tho piaae crashes and Faachon la the only -survivor. To get away from Tony and tho past, she goes to tho Oaxstalro home as "Evelyn". A strong bond, of affection grows between Mra. Carstairs and her "niece';, CoUla Carstairs, the son, is at first antagonistic because of his "cousin's" Hawaiian escapadeg and her self-righteous attitude when his mother offered aid, but Fanchon'e alncertty overcomes hla objections. They fall in lore. After a happy summer at South ampton, Fanchon make ner debut In New York. Collin, though realizing their relationship Is a barrier, cannot resist professing his love. Fanchon cannot acknowl edge hers without revealing her Identity. Later. Tony locates Fan chon and informs her that Evelyn Is alive, but has lost her memory. He threatens to expose Fanchon unless she introduces him to Mrs. Carstairs as "Cesare Gilli". He calls at the Carstairs home and is accepted by Mrs. Carstairs and Collin although they are skeptical of him. Fanchon has no alterna tive but to agree to Tony's de mands that she induce Mrs. Car stairs to wear her emeralds to the Van Suydam ball. Tony war a Romeo costume similar to Col lin's. On the way to the ball, Col lin and Fanchon profess their love. Fanchon slips away and re turns home with Tony. The latter stays on the terrace awaiting an opportunity to steal the Jewels. CHAPTER XXVI They had their "nightcaps" . . Fanchon her very small drink, Collin his man-sized one Mrs. Carstairs her milk. If they were Yesterdays ... Of Old Sales Towa TaUas from The Stafre mast of Earlier Days December 5, 1BOO "The right of applying for in junctions in labor cases should be wholly abolished," President Roosevelt yesterday declared In his message to congress. The pres ident also recommended a law prohibiting all corporations from contributing to the campaign ex penses of any party. Salem delegates who today will attend the shippers' meeting at Eugene are: Russell Catlin, J. T. Wentworth, C. K. Spaulding. W. C. Tillson, H. S. Glle, C. S. Ham ilton, Louis Lachmund, Charles A. Park, L. K. Page and H. B. Thielson. Class rivalry burst into flames at the high school last night. When the juniors hoisted their purple and gold class pennant up the flagstaff, the senior boys im mediately hauled it down, staff and all. December 5, 1021 Voluntary railroad proposals for inauguration of a 10 per cent decrease in freight rates on prac tically all farm, range and orch ard products in the United States were accented vesterdav bv the interstate commerce commission. Oriental styles, low waists, wide sleeves and slightly longer skirts retaining "youthful appearance" have been recommended for spring and summer, 1922, by na tional clothing manufacturers. New Views What are your views regard ing a wider road from Salem to Portland?" This was the question asked yesterday by Statesman reporters. Mrs. R. W. Seltz, homemaker: "I certainly do approve of wider highways. I think two lanes of traffic much better than three. A bit of experience on a three way traffic .highway not long ago con vinced me that two lanes are much better than three." O. Gilbert son, rancher: "The three-lane is all right, regardless of the expense. I suppose now the fight will be about construction; I haven't any views on that, but I hope we don't regret whatever is done." Mrs. Lee V. Eyerly, home mak er: I thine we should have a wide one. It looks to me as though as long aa we are putting in a new road we should make it a substantial one, useful In times to come. With the big busses and trucks on the road, we need four lanes. I think concrete would be best." Miss Ann Bohrer, secretary: "Non-skid and much wider. It should be twice as wide aa now, three lanes If not four. On rainy nights the present highway is terrible." Inviting the contending parties to dinner, and talking It over, and thus coming to an amicable agree ment that made the settlement a permanent one, and left all par ties friends. Mr. Matthieu represented Mar lon county In the legislature in '74 and '71. He was a merchant at Butteville for many years. In partnership with George La Roque, and In all relations main tained a reputation for unques tioned honesty. He was the last survivor among the voters for tho provisional government at ' tho Champoeg meeting of May 2, 1842. He died February 4. 1914. Ho would have, reached 98 oa April Z of .that year. ' " ill' "It IsMr. Gilli" she said, quite something watched from the terrace none knew it. Only Fanchen suspected. And the powders that Tony had given her lay, still In their pa pers, in the pocket of her robe. Collin said, looking at Fan chon: "Mother, I want to talk to you for a minute, if I may. Evelyn ' knows what I have to say " "Oh," said Fanchon. "please, not tonight. Collin! Aunt Jennie's so tired and so am I. Tomorrow." He went to his room presently. Fanchon went with Mrs. Carstairs to hers, helped her undress, saw her safely into bed and leaned over to kiss her. Her lips shook so that she could hardly control them. She said, "Sleep well, darl ing " and her hand on Mrs. Car stairs' was ice cold. "Yon are really ill, Evelyn." said Mrs. Carstairs in quickcon cern, "never mind me. Go to your room at once and try to get some sleep. We will have the doctor in the morning if you're no better." Fanchon said, lightly, "I'll be all right Too many good times, I guess," and went to her room. There, she lay down on the bed, without disturbing the covers, and waited. Twenty minutes. Half an hour, an hour and a half. When, she thought despairingly, as the leaden minutes dragged by, when would Tony tire? He had tired, out on the ter race, hidden securely, looking now and then at the radium dial of his watch. In an hour at the most Fanchon was to make the arranged signal and they were to make their escape together with the Jewels. He had not trusted her to do it alone, that was why he had waited to see that nothing would go wrong, or that she would change her mind. He would wait no longer. He would see for himself. She had given Collin and the older woman the drugged drinks. They would be sleeping soundly. Why had she not come? She had put the Jewels loosely In a drawer and left it a little ajar so she could get them easily, if she had followed his In structions. He came In from the terrace, through the door he had left un locked, and went up the gallery stairs as lightly as a cat. As light ly he turned the knob of Mrs. Carstairs' door and went in. Mrs. Carstairs did not hear. She was sleeping very soundly, worn out by the evening and her tronbled speculations. Tony went straight to the dres THE careful protection of family resources is our spe cialized business. Let us tell you about trust funds and how they will benefit your family. Ladd & Bush Trust Company Directors and Officers A. N. BUSH, President. WlC. I. WALTON, Vice-Pres. L. F. ALDRICH, Secretary. JOS. H. ALBIRT. Trust Officer. Wl DO TRUST WORK EXCLUSIVELY " By FAITH BALDWIN clearly ... "he has come back for he forgot." ser. He knew where every Piece of furniture was In the room, hsd seen to It on his "tour" of Inspec tion. A drawer was. he saw, a lit tle open. He thrust in hla hand. Damit to hell! the jewels had (Continued on page 7) The Safety Valve - - Letters from Statesman Reader Sutherlin, Oregon. 3 December 1931. To the Statesman: Copy of your valued paper of December 2 Just arrived. And thank you for same, although I received a great shock when I no ted its contents. I am one of those that invested mr all In the Empire Holding company. I was persuaded to do so by C. L. McKay accompanied by D. R. Shambrook (personal friend). COPCO stock and a first mortgage ia a ranch that I had recently sold. I depended upon the returns from this forty-eight hundred dollars to keep up In our old age. And now only for a pen sion I receive, myself and family would be paupers. As It is, if we have no more accidents we pos sibly can get by, (I don't know). I am nearing tho.3rd milestone of my life, broken in health, no chance to make a new start. I am not complaining for myself, but I had hoped that my wife and boy would be provided for after I had passed on, which will be soon. Is there any hope of something be ing salvaged from the wreck? I certainly appreciate your ef forts in trying to place the facta of this huge fraud before your readers. But according to past records, I suppose that the guil ty parties will go their way, and justice will e blind. I am inclosing fifty cents, for a month's subscription to Vour paper. Possibly by that time I can afford to renew. I have only been able to earn 83.80 in over a year. So have to practice rigid econ omy. Accept my sincere thanks for what you have done, and are doing for the public. I wish you every success. Very truly yours, A READER.