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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Dec. 20, 1931)
. i - - v w j& i, FIRST IN SPORTS ' Ninety per cent of all porta news appears in morn ing newspapers first. The Statesman has thorough cot-'. erage of sports. THE WEATHER , Unsettled today with oc casional light rains, Monday rain) Max. Temp. Saturday &0, Mln. 46; rain .Oo", river 5.8 feet. FOUNDED 1851 EIGHTY-FIRST YEAR Salem, Oregon, Sunday Morning, December 20, 1931 No. 230" I i I fc-v yr-sisrci jt- i til n 1 1 i s i c 7 i i 1 1 1 i i r i 1 1 i i i i DEFINITE AlillS RFHINH I1PRRAR ON ROAD BOARD German Revolt His Prediction Spaulding Seeks to Bring Out in Open, Highway Department Affairs Really has Meier Support, Though it is Slightly Under Concealment By SHELDON F. SACKETT Behind the fanfare which for recent weeks has surrounded the oral attacks of Senator K. Spauld ing on the administration of state highway affairs, exists a situation which Is of more Importance to citizens of Oregon and to future policies of Oregon's government than is indicated in the service club trupmenting and 'the news paper defenses and criticisms of Spaulding's position. The succinct question which Spaulding is rapidly, even if in blundering fashion, bringing to the for is this: First: Is the highway depart ment sacrosanct from attack, a sa sacred department of government into whose hands more than $12, 000.000 of funds are placed an nually for expenditure? The connotations of these Ques tions are equally important: " Second: What Is the real job of the three highway commissioners? Are they to gife detailed super vision to the expenditure of huge highway sums or are they simply to prescribe policies and to en trust all business details to salar ied worker Third: Must there be absolute ly harmony within the commis sion, as far as the public is con cerned, -or shall the commission ers be frank, open, sometimes hos tile in their attitude toward one another and shall this difference of opinion bo given public airing? Fonrth: How far will the peo ple of Oregon continue to go in entrusting the expenditure of $12,000,000 annually to the hands of three appointed men In whose control lies greater financial re-' sponsibility by far than the total financial power entrusted to all other departments of the state government and to the five insti tutions of higher education in this state? As a background to a terse dis cussion of these involved ques tions and the ramifications of each answer, the present personnel sit uation on the highway commis sion should be understood. Governor Julius L. Meier un doubtedly has the most critical, least approving attitude toward highway affairs of any governor who has served since the commis sion was established. Meier's business-man background and non-political mind make him feel that the commission cannot expect to be free from criticism, that its policies must stand on merit or go down before better methods of doing business and that no de partment of state government can be quartered in a holy-of-holies where none but the appointed may enter. Expected Spaulding To Stir Thine Up Meier probably knew: just what b was dolnr when ne appointed Snauldlnr to the commission. He knew he was getting an outspok en, hard-headed, rather crusty and sometimes cantankerous man on the commission. He must have known that Spaulding has a rep utation for squeezing dollars un- ' til the eague squawks, if eagies can be KulltT of such Ignominy Rnt Meier and Warwick Henry Hansen wanted some criticizing done. Both felt and feel that there was some house cleaning to he done and that the Marlon county senator was not a bad man to do th rnurh-houslnr. it la now a matter of political history, although very recent, that ur VanDuzer was soon in reoei lion, that his right bower, the nrairnn Journal, protested vigor ously about Mr. Spaulding's at- tska. that Commissioner M. A T.iioh wail dronned from the hoard and "Smiling Through Hanley put In his place, to as sure VanDuzer that the Wild In dian from Salem could oe suiiea If not orally at least by eontinu- inr two-to-one votes. i thla onnolntmcnt Meier un Ainhtedlv ran away from the dog fight In the commission in that ha tried to anoease Great and a Triesd Frank Irvine of the Journal who had supported tko governor for election, aeep vau Duser on tho commission and yet not go back on his real favorite, the belligerent Marion county senator. Change to Hanley Just Momentary Stay Hanley's accession only momen tarily stemmed Spaulding, who soon was on tho warpath again calling for engineer salary cuts, tconomy within the department, titnrinr of work. VanDuzer, who trains In Port land with tho Arlington club and who Is a genial, able, state-spir- tA win rHrlean. hMtm dis- - - gusted and resigned. It is to bo noted, however, that Mr. Meier did not badge to relievo Spauld ing of his portfolio, thus clearly Indicating where his real love lay- -Came'then J. C. Alnsworth of - (Turn to page t, col. 1) tiT" lUT' rii VT 1 - "T -- CHARLES E. MITCHELL, FIVE BURGLAiI.ES H IN COUNTY Farm Home Near Silverton Is Latest Victimized; Tracks Viewed SILVERTON. Dec. 19 (Spe cial) The epidemic of burglaries which started Friday night in Marlon county was continuing to night, it was indicated when au thorities here were called to in vestigate the ransacking of the J C. Larson home on Brush creek, a mile out of town on the highway to Salem. Mr. and Mrs. Larson and daugh ter Viola were visiting at the home of a neighbor, John Gople rud, and Miss Margaret Giesik, teacher who lives at the Larson home, was also away. Miss Giesik returned about 11 o'clock and dis covered the house had been looted. Deputy Sheriff Webb Haskins and Constable Pitney Investigated and said they thought muddy tracks In the house were made by a man and a woman. A considerable quantity of clothing and miscellaneous arti cles was taken, together with 1 150 in money. SENATE ACT ON N E Outlines Basis Oi Moratorium ITS PLAN LIKELY MQNDA y Mitchell Predicts a Revolt In Germany if Forced To pay Reparations President pro tern Fuss is Feared as Obstacle To Early Vote By NATHAN ROBERTSON WASHINGTON. Dec. 19 (AF) The Hoover debt moratorium swept through the senate finance I C To.." I . v S t EW 11 CHINA T DUITGH NOHOW Ultimatum Forthcoming Few Days, Predicted By Tokyo Sources In New Clashes Reported From Mukden; Minister Says He Hopes for Peace (By The Associated Press) A Japanese ultimatum demand ing China evacuate Chinchow, Manchuria, within a week was committee today and onto the sen- 0gden L. Mills, undersecretary of r?Jct?1.l1B TokTO yesterday. ate floor, accompanied by a warn Ing that If Germany Is forced to make reparations payments the result will be a rebellion in that country. The committee heard Charles E. Mitchell, chairman of the Na tional City bank of New York, as sert the German people would re volt if the nation is compelled to meet the payments suspended by the debt holiday. Testifying in the committee's investigation of the flotation of foreign securities in America, the banker said his institution since 1919 made profits of almost $25, 000.000 by selling bonds of other countries. Approves After Ten Mlnnte Parley The committee approved the resolution of ratification after a ten minute executive session. No effort was made to remove tho house amendment which would place congress on record as op posed to reduction or cancellation of war debts. The administration has proposed a revision of these obligations as a measure separate from the moratorium. The measure was reported (Turn to page 2, col. 4) the treasury, who ha been much in the news the past week as spokesman for the adminis tration in explaining tho inter national debt moratorium plan before a congressional committee. World War Veterans Get Huge Christmas Gift Appropriation Two Hundred Millions Voted to pay Upon Bonus Certificates; First Legislation put Through Both of Houses TT 7ASHINGTG0N. Dec. 19. (AP) World war veterans T f got a 1200,000,000 Christmas appropriation from con gress today in the first legislation sent to President Hoover this session. The house resolution appropriating this amount for loans by the veterans bureau on the soldier bonus certificates IT AS RESULT OF EMPIRE A EF Coshow and Fettey put up Bond of $1500 Each; No Formal Arrest WDRTHY CITIZENS ii ra Purse Strings Should not Be Held Tightly; Fund Still far Short A store, two dwellings and a gasoline, station in the vicinity of Salem and Mt. Angel were burg larized Friday nigir, the owners reported to the police yesterday. Losses ranged from a few cents to several hundred dollars. At the Sunnyside service sta tion the robbers stole tobaccos and confections. From the nature of the loot, the police were led to believe the job was done by tran- ients. A. N. Parsons, farmer on route eight, reported that his dwelling was entered and robbed of silver ware, clothing, groceries and many other articles. Automobile accessories and gasoline were tak en at the W. E. Pardo farm home on route three. The general store of M. Schmaltz and Son at Mt. Angel suffered the loss of paint brushes, money, fountain pens and other articles of considerable value. to SALVATION ARMY 'GOOD WILL FUND" Previously reported 9354.43 Saturday kettles .. 88.07 Grace D. Carrathers 5.00 Lena M. Lisle- 5.0O Total $4 04 .50 The Chinese command will be warned that drastic measures will be taken unless tho ultimatum Is obeyed, it was authoritatively said. The Chinese minister at Tokyo conferred for an hour with the new Japanese premier preparatory to returning to Nanking. It was the first direct official contact In two months. New clashes between Japanese troops and Chinese bandits were reported from Mukden, the Jap anese command speeded prepara tions for a drive against maraud ers in the Hsinmlntun region. In Paris Kenklchi Yoshlzawa, Japan's new foreign minister, wished China good luck In attain ing unification and solidarity, ex plaining such an eventuality would exert "only a beneficial ef fect on Japan." Leaders of the Canton faction in China, who forced Marshal Chi ang Kai-Shek from the presidency last Monday, were tho authority for a report that Chiang would be reelected next week to head tho government. But Chiang, it was went through the senate quickly. The resolution also carried an item of $3,925,000 for adjusted service and dependent pay. The legislation was the first of the democratic house to be acted upon by the republican senate. The senate also approved the house resolution appropriating $120,000 for the federal employ ment service, it eliminated a pro vision restricting salaries to $2000. Chairman Jones of tho appro priations committee informed the senate that this employment serv ice has helped more than 3,000,- 000 persons get jobs. CONGRESS POLICY OF HOOVES Credit Widening Plan Gets Support; Emergencies Outbid Politics By EDWARD J. DUFFY WASHINGTON. Dec. 19 (AP) learned, refused to return to the Political hostility to the con- position an it was believed a fig- I urehead would be selected. LESION SHOPPING CROWDS IDES RELIEF VVLIRK Outstanding work is being done by the Auxiliary to the American Legion In Salem. One of the special Christmas things planned Is the care of 42 needy families. Mrs. J. T. Delaney has charge of this need and anyone who is interested in helping pro vide a happy Christmas dinner for thm get in touch with her. Monday night the Auxiliary will have its regular meeting and in connection with this will have a 'doll shower" and all dolls receiv ed will be used for Christmas cheer work. Wednesday the annual Christ- in &- mas party ror cnnaren win oe sponsored by the auxiliary in Miller's hall between the hours of 3 and 5 o'clock. Toys and a Sirs CREDIT POOL TO SAVE By J. R. BRACKETT (Copyright, 1931. The Associated Press) PHILADELPHIA. Dec. 19 No important railroad, Dr. Edward S Mead, professor of corporation fi nance at the University or renns- ylvania, said tonight, Is in. dan ger of receivership or interest, de fault if the rail credit pool func tions properly. . He based his prediction on comprehensive computation of bis own. "My computation," Dr. Mead said, "indicates that, on the basis of a generous estimate, only i7i,- 000,000 will be needed to meet the fixed charges of the weaker roads. The fund, of course, would provide 'for no other contingen cies." "I am not going to give to char ity. Those in need are getting what they deserve. I work for my money and they should have done the same thing and saved it." Ever hear that remark? Well, here are a few of the peo- go this Christmas time if you Heavy Rain uoesn t Slacken were to send a check to the sal vation Army or to The Statesman to be given to the Army. Out on one of the more respect able streets Is a neat little cottage with a neatly kept lawn, a few shrubs, and evidence that flow ers were tended and bloomed there this summer. The man and his wife who live there and who have with them a pretty little brown-eyed grand child of five years of age, once ecu men peak Christmas Buying in Stores of Salem It rained and It rained, but that didn't keep shoppers from near and far from pouring Into Salem stores in continuous crowds yes terday. "It's the biggest day we've had so far this season", one merchant declared, and even predicted it owned this home. It was clear and wonl be th? banner day for tho so. trary, congress to date has shown a decided disposition to go along with President Hoover on his pro gram for widening credit It is not evident on the statute books as yet, but in the air on Capitol Hill is a spirit of coopera tlon on emergency matters.-At the same time it Is clear there will be no blind or uniform acceptanco of administration recommendations on such questions as tax increases and foreign debt revisions. This week, for example, tne demacratlc house approved the moratorium with a dispatch reml niscent of how things happened under the rigid republican control of last session. In the same breath. It declared opposition to war debts reduction Senate Expected To Give Approval Senate rules made it possible to prevent repeating the perform ance there today; but on Monday or soon after it doubtless will do Salient Facts in Development of Empire Holding Co, December 1, 1030 Corpor ation authorized to sell 2,500,000 of its capital stock in one-year period. November 5, 1931 Corpor ation Commissioner Mott revokes stock sales per mit. November 15 Oregon Statesman begins series of expository articles showing devious promo tion and sales policy pur sued by Empire leaders. November 24 Grand Jury investigation began in Marion county of Empire activities. November 25 Officers of Empire defend policies in extensive communication published in Statesman. December 7 Stockholders of Empire elect entire new board of directors which in turn elects new officers. December 1 8 Marion coun ty grand Jury returns in dictments against all Em pire officers, charging fraud. December 19-0. P. Coshow, former chief 'Justice of state supreme court and former president of Em pire, and I. H. Fetty, former vice - president of Empire, each furnish $1500 bail to Circuit Judge L. H. McMahan, Salem. Still Claim Transactions all "On the Level"; no Trial Plans are Made n mm p T Secret Indictments eharrinr th former officers of the Empire Holding corporation "with unlaw fully devising a scheme to defraud in the sale of securities and com mitting an overt act in the furth erance thereof" were returned Friday by the Marlon county grand Jury, it became known hero yesterday when Oliver P. Coshow and I. H. Fettey. former president and vice president of the com pany, appeared through their at torney and individually posted ball of $1500. Judge L. H. McMa han approved the bonds offered by the two men and signed an order of release. Sheriff Oscar Bower stated late yesterday that he understood the three other former officers in dicted by the grand Jury would file their bonds In the Multnomah county circuit court. Formal ar rest of the men had not been made at a late hour last night. It being understood that each offi cer had stated he would appear voluntarily and furnish ball. Five Officers of Company Indicted Other officers indicted includ ed Wilson R. Adams, former treasurer, J. H. Stockman, coun sel for the company, and Frank J. Keller, Jr., sales counsellor. . Coshow's bond, posted here. was signed by C. P. Bishop and Ralph Cooley, local merchants. The bond posted by Fetty was signed by George E. Merwin and Theodore B. Brown. No information was available yesterday regarding the time the men would be formally arraigned or where therials would be held. It was understood that a change of venue from Marlon countv would be asked. The Indictments followed an examination of the affairs of the empire Holding corporation ex tending over a period of three weeks. John H. Carsou, district attorney here, and Barnett H. Goldstein, special prosecutor. named by Corporation Com missioner Mott. nresented th facts to the Jurors. The grand Jury Investigation was ordered November 24 hr Judge L. McMahan and was later concurred In by Corporation Corn- was purchased from earnings made at day labor in one of the lumber mills of the city. "Ten years I stood right in one place behind one machine and holiday trade. Other merchants, while saying Saturday was a big day, declared they considered trade Just gathering momentum. and that tho first three days of next week would see equally hea- Onco that is out of the way, i .... . i in. is Demit os&isitm vaj vj MA Donen msi as neayy dusiqcsb to i Onas Olson, Mrs. M. J. nome ' d th ' ,t haDDened ln. last year at this period, and one evolved, It won t conrorm exactly ..Get her Mrs. W. P. watkms, (Turn t i. col. 4) r two said the dollars and cents w spacmcauons 8UOlltw tu.! ed him as Woolen, and Mrs. are even ahead this year. aaminisirauon dui me " how vou do it." ti fl n 1 iui r riAiiaotirla rxf foat rt lum. Christmas treat will be given the be eaeh d. lnT1B. vy trading. children. Mrs. J. T. Delaney. ser- tlm. to Btand Th several of the larger stores re- vice cnairnii by Mrs. Melcholr, Mrs. Elmer Glen Seeley in giving this party Wednesday night the American Legion and the Auxiliary will join for the anual Christmas par ty at Miller's hall. A Christmas tree and a program of music. readings and short speeches and this followed by dancing and re freshments will make up the fun of the evening. Tn Una with the Christmas re lief work each guest is requested to bring some sort of food stuff QUESTION YOUREE for it to have sufficient funds and (Turn to page 2, col. S) III PUN PORTLAND. Ore., Dec. 19 (AP) Captain Vayno Gdrdane, to bo donated to tho charity fund of tho state police, said today and Christmas cheer work. James ToarM. lt, had confessed I UlCQ Dill II LU moDiie in roruana "t spring. - . rv ' I Captain Gurdane said Youree Ueattl in tlOme being held as an alleged com panion oi r a i jvner, unuor ar rest in Salem as a suspect in the "We're apt to run out of toys, If business keeps up like this". I on merchant said vesterdar. He reported his entire business would gHia s linirtr probably drop a small per cent sUlCI Ul Udliy over last year, but said toy sales were much larger. "People are buying Just as much, but more practical gifts," another merchant declared. Still another one, laughing at the street talk of depression, said his good quality merchandise was (Turn to page t, col. 6) back," the Star quot- orderlng. "I don't care Soon after Mrs. Donnelly's re- I lease police said, members of Kansas City crime ericles, anx ious to clear themselves, had aid ed In the search for the kidnapers, most of whom were believed to be outsiders. Best in Months Mill Man Avers r i xTr-TJU-aTTTTJ V TT TW 19 rest in Biem as Buupecfc iu iu -Vlir-n in their murder of James Iverson, Silver- grandmother died in a tire In their ton night . marshal but tha (AP) James H. Owen, general home tonight while tho children's fee Is no t uspected 0PtIcipat- m of the 0wen -Oregon parent were shopping for Christ- g in hootlDg Jverson was Lumber mmr hero, said today a u ui wa oao a a voyvv uwn wa tho best they have been In 18 -loti. war Mrs. Mose . Youree was said to havo lived Dore. Clara Pinsonneault. t. and with Krier at Silverton later. her brother, Girard, S. Seal Sale Scheduled to Close on Christmas Day Youree was arrested here last night as he stepped off a stage from Bend. Aviator Thought Lost in Oregon The Christmas Seal sale will this week come to a close with Christmas day. There Is still need ed ft Urge interest backed by fi nancial aid In order that tho work of fighting tuberculosis may go forward with efficiency this com ing year. Mrs. William Bcnulta, chairman of the mail department, reports great interest in tho sale and with each letter whether It contains money or returned stamps there is a note of appreciation for what the cause stands for and regret If halp is unable to bo giren. bo iar the mail result have been quite successful, according to Mrs. Schult. Cooperation in the nubile schools has been excellent accord ing to Mrs. J. 1. Blinkhorn, toun- ty ehalraa. Heaitn projocxa havo been made from the Seal and thai knowledge of Us accom pllshment has been spread. All tho money that Is given to ward the Christmas seal sale cam paign Is kept in tho county save S eents. The expenses are prac tically nil according toJudgets of years past and thus the money given goes directly toward fight ing the dread disease. Tne totai amount taken in through the seal iala last rear according to tho records was $2,711.57 and out of round 1Mb thA total omens money tax- 1 cities. en wag $288.70. Since December IB the sale has been going on from booths In places of business, this ronowxng the canvass by mail. Local women in numbers have been giving their services each day to further the work. Organisations which took over tho sponsorship were Eastern Star, Salem Woman's club. Wom an's Union of Congregational church, the American War Moth era and American Legion Auxil iary, and a group of society women. RENO, Nev., Dec. 19 (AP) Fred McKlnley, San Francisco av iator, was believed missing to night on the ue between Nyssa, Ore., and Winnemucca, Nev. McKlnley, who according to a United Air Lines report left Nys sa Friday afternoon at 1 o'clock for Winnemucca, was making a trip between those two 18 months. Owen said he saw indications of an awakening in the building business in the south and- the middle west. KANSAS CITY, Dec. 19 (AP) The Kansas City Star says Mrs. Nell Qatnlan Donnelly, weal thy earment manufacturer, was rescued Friday morning, rather mlssioner Mott after The Orernn than l-plpnnpd bv the men who had I Statesman had nnhHahiwt .orin. leaders of both parties have kldnaped her more than SO hours of articles revealing the manner agreea on priority ior earlier. wnich the corporation had been aenuauy-proyoBcu 'eu.u-- Xne star gayg the re8cue was organized and Its stock sold. uon corporation. effected bv a north side oolltical Says all of F1rm' Complexities may make it lm- M(, ho nnon Keine informed Transactions Tfon possible to get It In legislative f th vIdnaDin. rot in touch Judge Coshow wa Informs nt M M. J.V.. A ftan I '- I i- . . lorm if u " " with friends "who knew the un- me indictments late yesterday isiiiiBiuiBB ovco. ...., J.....M " I wniie In Bed at Kf V nxtiit'. pital In Portland where he Is re covering from a slight attack 'of bronchial pneumonia. So far as I know, every tran saction of the Empire Holding corporation was on the level," the judge asserted when the news was Drought. "If anyone is a victim of the Empire Holding corporation, I am." Judge Coshow declared. But I don't believe there will be any financial losses. You realize. I haven't yet been served with any papers, and do not know what I am charged with aside from what I have read in The Journal this afternoon. My understanding is, however. that I swore I put more cash Into the corporation than I actually did. That Is preposterous. I put my money in the corporation in good faith, believing It a good Investment. And I still think it is, unless this litigation takes part of what we have. I can truthfully say I havo nothing whatever to worry about. I have my money in there, dollar for dollar. There have been uo Irregularities. I havo practiced law long enough in the state of Oregon to know what is legal wish to conceal. Frankly, I don't believe any charges. If there aT. any, can hold. Wesley Hospital Organization is Monday Speaker Sidney Miller, president of the Bequest Goes to Oregon Dairymen s association and an Oregon Jersey breeder for 25 years, will bo the speaker at the Monday noon luncheon of the chamber of commerce. His sub- MARSHFIELD. Ore.. Dec. 19 1eet will be "Tho Oregon Dairy (AP) The Rev. W. J. Morrow, Council and the Dairy Industry of superintendent of the Wesley hos- Oregon." I pital here, said today a bequest A large delegation, of dairy-1 of approximately 190,009 was men of this section will be in at-1 made to the institution in the tendance. will of the late John Sherman In addition to Miller's talk, the Gray. Gardiner pioneer. The annual election of officers will be I will was filed recently in Douglas held. county. months. Owen predicted an early rise i in lumber prices because of de pleted stocks and under produc tlon. He said his company had received more orders In the past I Salem is looking forward eag- two weeks than in tho preceding erly to its fifth annual Christmas Christmas Illumination Contest Drawing Entries Liquidation of Hibernia Bank Assets Rushed Better 13 ted Car Offered For Leu Automobile dealer of Sa lem are anxious to turn their need cars into cash. They are now offering bet ter cars for lower prices. Torn to the classified page and see the listings. Act quickly for they win sell fast at those prices. PORTLAND, Ore., Doc. 19 (AP) A. A. Schramm, state su I nerlntendent of banks, said to night liquidation of the Hibernia Commercial ft Savings bank. which closed today, would be ex pedited and that verification of all assets and preparation of the Inventory already was under way, Outdoor Illumination contest. Those competing in the contest sponsored by the Salem Ad club are putting the final touches to plans for the displays which radi ate Christmas cheer from their homes. Hundreds not competing are placing attractive but less pretentious displays. Everyone else, as well as the contestants, is ready to follow the Ad club's trail and see what the other fellow has contrived. The price of weatherproof elec trical units especially made for outdoor Christmas illumination is exceptionally low this season, and the units are so ingeniously made that there is no limit to what the householder may accomplish with lights, regardless of his or her mechanical ability. As many as eight units may be E. B. Ireland, president of the Portland clearing house, announe- I connected together to get current a that when "assets of the bank I from a single outlet already avail- have been satisfactorily appraised, I able in the electrical connections I dealers indicate standard mum ular variety available from Salem dealers are those with seven lamps. With these as many as SC Claims all Facts lamps may be connected from one xot Given Jurors outlet. 1 After discussing the matter. Each unit has the necessary Judge Coshow went back to work connections to connect it to the inr a cross-word puzzle. He did next unit. Thus those who wish to vary the equipment they al ready have, or those who have, entered the contest for the first time, find it a simple thing to work out any lighting effect they desire. While some of the beet illumin ations combine effects accom plished by the addition of novel designs or sets to special light ing, just as many of those award ed first, second, or third place for their displays slmpls use standard illumination sets bought from a dealer and arranged so as to show off the lines of their home or the trees and shrubs in their yard to the beet advantage. Iniu!r-es of principal Salem not seem in the least perturbed (Turn to page 2, coL 3) SHOPPING DAYS 'Tit-CHRISTMAS local banks will Immediately offer of the home. Each ult may have to advance suitable amounts j seven lights of the li-watt sue. against depositors' approved I Some units with larger lamps I claims." I hare fewer, lamps The most pop- ioatlon units have reached the lowest price level on record. All the units sold thla year have stan- (Turn to page z, col. 4)