East Oregonian : E.O. (Pendleton, OR) 1888-current, June 21, 1913, EVENING EDITION, Image 2

East Oregonian : E.O., June 21, 1913, EVENING EDITION, Page PAGE TWO, Image 2

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Newspaper Page TextPACE TWO. DAILY EAST OKEGOXIAN. PENDLETON. OREGON". SATTuDAY, JUNE 21, 1013. EIGHT PAGES. 66 Great Remodeling Sale 99 "June White Sale 99 Comb id ined Savings worth while, are here for you, Every white article of apparel is reduced. T. P. W. Trading Stamps are given with every cash or thirty day sale. Now is the time for you to buy. Trunks and Valises Travelers' Luggage- Xo other store in Eastern Oregon even attempts to show any thing like as large a line as ours. Our trunks are the Celebrat ed Drucker make ; all metal parts are guaranteed for one year. Every trunk in our store is reduced for this great Remodeling Sale. , $3.50 Trunks, Remodeling Sale Price $2.90 $5.00 Trunks, Remodeling Sale Price L $3.85 $7.50 Trunks, Remodeling Sale Price $6.35 $10.00 Trunks, Remodeling Sale Price $7.95 $12.50 Trunks, Remodeling Sale Price $9.90 $15.00 Trunks, Remodeling Sale Price $li.95 $17.50 Trunks, Remodeling Sale Price $13.95 $20.00 Trunks, Remodeling Sale Price .'. $15.95 $25.00 Trunks, Remodeling Sale Price $19.90 OUR SUIT CASES are of the best makes in the country. Our regular prices are lower, -quality considered, than you'll find them elsewhere. These sale prices offer you great savings ; prepare NOW for your vacation, buy your suit case or valise while you can save on it, because you'll not get it cheaper elsewhere at any time. 50 SUIT CASES, regular price $2.30; Remodeling Sale Price $1,65 $1.50 3IATTIN CASES 98 $4.00 PEGARNOID CASES $2.95 AU sizes from 12 inches to 24 inches. Rich dark tan, a case that will stand lots of hard service ; a very sightly case... $2.95 $7.50 SOLID LEATHER CASES $4.35 These are very sightly cases, made of solid cowhide through out ; cloth lined, strap or catch and a good strong lock. They're the best on earth for the price . . $4.35 All other cases are reduced in proportion. June White Sale of Serges A big assortment white serges, all weights and . qualities. Plain and diagonal. $2.50 Quality, June White Sale $1.97 $2.00 Quality, June White Sale $1.69 $1.50 Quality, June White Sale $1.18 65 Quality, June White Sale 49 ETC. ETC. June Whitz Sale Nainsooks and Masalia cloth, the best for Summer lingerie. 35 Honeymoon Nainsook, 45 inch, June White Sale 26 35 Masalia cloth, 45 inch, June White Sale 26 40 Long Cloth, 45 inch, June White Sale 31 ETC. ETC. Our Art Dept. STAMPED PILLOW SLIPS 62 Stamped on best quality tubing, all new designs, including eyelet, French and punch work. Stamped oh 42 and 45 inch tubing; values to 85; White Sale 62 BUREAU SCARFS AND SQUARES Drawn work and hemstitched borders, in different patterns, stamped on Union linen, specially good values. 25 Article, June White Sale 18 35 Article, June White Sale .'. .".... 24 50 Article, June White Sale 36 65 Article, June White Sale 43 LACE CURTAINS 1-2 PRICE This includes all curtains, nets and Nottinghams, etc. Many different patterns to choose from ; values to $10.00. White Sale 1-2 Price. , EMBROIDERY PACKAGES 1-4 OFF This includes all white garments such as ready made night gowns, corset covers, combination suits, drawers, boudoir caps, stamped wants These packages include sufficient D. M. C. for working each garment. Yalues to $1.50. White Sale 1-4 off. STAMPED TOWLES. All linen stamped towels, now designs, on. new patterns of toweling. Each towel stamped with neat design; 15 inches, 18 inches, 20 inches and 24 inches wide. White Sale Prices 50, 60 and 75. , , , . Boys9 Clothing Must Go We are exclusive agents in Pendleton for the celebrated Her cules suits. They are guaranteed to bo all-wool and shower proof; they're made with taped seams, reinforced linings, patent buttons that won't pull off. You can take our word for it, they are positively the best wearing, most serviceable boys' clothes in America. For QUALITY and SERVICE you can't beat them. Every sytlo is here. The stylish Norfolk and the plainer styles. During this sale every boys' suit will be reduced. Our $3.50 Boys' Suits will go for only $2.95 Our $5.00 Boys' Suits will go for only $4.40 Our $6.50 Boys' Suits will go for only $5.80 Our $7.50 Boys' Suits will go for only $6.65 Our $8.50 Boys' Suits will go for only $7.25 Our $10.00 Boys' Suits will go for only $8.20 Abounds with bargains of merit cash pavers that you can not find elsewhere. Pillow Cases 20, 42x30, June White Sale 16 22, 45x3C, June White Sale 18 25, 42x3G, Hemstitched, June White Sale 21 The Greates Bargain Giving Event Ever Heard of in the History of the Shoe Business on Ladies9 Oxfords. Complete run of sizes. The best standard makes, E. P. Reeds, Utz & Dunn's, Red Cross and Shenvoods in vioi kid, patent gun metal or tans, all made in Goodyear welt soles or hand turned, medium or low heel, patent or Btock tip, also without tip ; thsc lii.es must go, and will bo closed out far below cost. 55.00 Values, Remodeling Sale Price $1.50 $4.00 Values, Remodeling Saio Price . $1.25 $3.50 Values, Remodeling Sale Price $1.15 $3.00 Vahies, Remodeling Sale Price 95 LADIES' PUMPS IN BROKEN LINES, Hallahan, E. P. Reed, Utz & Dunn make ; patent turns, choco late and black vici turns, brown English ties, cravanette pumps, gun metal pumps, colonial or tailored bows, with or without straps. $3.50 and $4.00 values ; sale price $1.00 BABIES', CHILDREN'S, MISSES' AND BIG GIRLS' SHOES, thrown on sale to make room for new lines which we have just placed. These shoes are in all broken lines, but extra high grade stock ; button or lace, gun metal or kid ; black or tan." Babies shoes, 2 to 5 1-2, 75 values, special 49 Babies shoes, 2 to 5 1-2, $1.25 values, special . 75 Babies shoes, 2 to 5 1-2, $1.65 values, special $1.25 Children's shoes, 8 1-2 to 11 1-2, $1.50 values, special:...- 98 Children's shoes, 8 1-2 to 11 1-2, $1.75 values, special $1.15 Chlidren's shoes, 8 1-2 to 11 1-2, $2.00 values, spocial $1.25 Children's shoes, 8 1-2 to 11 1-2, $2.50 values, special $1.49 Misses' i hoes, 12 to 2, $1.75 values, special $1.15 Misses' ilu.es, 12 to 2, $2.00 values, special $1.25 Misses' shoes, 12 to 2, $2.50 values, special $1.49 Misses' shoes, 12 to 2, $3.00 values, special $1.79 Big Girls', 2 1-2 to 5 1-2, $3.00 values, special $1.89 Big Girls', 2 1-2 to 5 1-2, $3.50 values, special $1.98 Big Girls', 2 1-2 to 5 1-2, $4.00 values, special $2.35 MEN'S CUSTOM MADE BOOTS, Buckingham and Heeht make, common sense heel, broad toe. standard screw sole. $3.00 values ; Sale Price $1.50 WOMEN'S GUN METAL BUTTON OXFORDS 1013 styles, broad toes, low heels, extended sole. $3.00 values ; Sale Price . $2.15 LADIES' WHITE SEA ISLAND DUCK PUMPS Very fine grade, Hallahan and Sons make, no gaping on sides or slipping at heels $4.00 values ; Sale Price $2.39 If you can't come to town phone to us. We'll send .you what .you want. The Peoples Warehouse WHERE IT PA YS TO TRADE SAVE YOUR T. P. W. TRADING STAMPS , Send your mail orders to us. We'll fill them as you'd have them filled. E -J CURRENCY PLAN IS EXPLAINED; HAS 3 PRINCIPAL AIMS MEASURE PROVIDES FOR FEDERAL RESERVE HANKS t(listiiiuiiif Commercial rapT, Ilaia for Klustie Xoutt ami to Give RasLs for Forelsn Ranking ItuKincHS . .National isank Will he Contin ual an Heretofore. Washington, June 21. President Wilson will meet democratic member of the house committee on banking and currency at the White Hou.se to dlscusa the new currency measures and to discuss means of insuring Its ! adoption at the present session of con- gress. , Chairman Glass of the committee i has given out a draft of the bill as It j be presented to congress Monday, j three principal objects of the . will The measure are to provide a means for rediscountlng specified types of com merclal paper; to give a basis for pro- perly safeguarded elastic notes and j to provide the machinery for doing a; foreign banking business. The measure provides for 12 fed eral reserve banks. In which national banks and such state banks and trust! companies as wish will be stockhold ers. In addition to the $700,000,000 national bank notes now existing pro- : 1 vision Is made for not more than $500,000,000 in federal, reserve treas ury notes, to be used solely in making advances to the federal reserve banks. These banks, of course, would do no business with the public, dealing only with their stockholders and accepting deposits only from the United States. I Itiumte Reserve Systems. The bill proposes "ultimately the establishment of a reserve system in which country banks will have 15 per cent of reserve (I. e , 15 per cent of total demand liabilities), such 15 per cent to be held, 5 per cent in the hankers' valuta, 5 per cent with the national reserve banks and 5 per cent either at home or with the reserve banks, while reserve and central re serve city banks have reserves of 20 per cent of demand liabilities." The statement says: "The presumed effect of this plan will be to end the placing of reserves with central reserve cities' banks for use in stock market operations, to keep reserves In some measure at home and to require speculators to get the funds they need in their oper ations either by directly borrowing them from persons who hold them and want to lend the cash for that pur pose, or else by borrowing from the banks In the places where the oper ations are to be carried on. National Rank Continued. "The bill is based on the belief that no one should participate In the con trol of the reserve syBtem unless he is financially Interested himself, or chosen by those who are, except In so far as the government steps In and as serts the authority of the whole com munity. With this in mind, the sys tem has been devised so as to provide for the continuation of existing na tional banks with their organization, powers and functions unchanged. In addition there is established a system of federal reserve banks, in all respects managed like national banks except as to the election of directors. 'The object of the bill is to effect a moderate division and classification of banking business along Indicated lines, the net result, presumably, be Ing summed up as follows: "National reserve banks will be strictly limited to rediscounting actu al commercial and Industrial transac tions evidenced by very short term paper and on rar occasloris, under carefully prescribea conditions, to fi nancial operations protected by collat eral. Real Estate Loans Allowed. "National banks will be subjected to precisely the same restrictions as at present, with a relaxation In favor of a moderate amount of real estate loans by country banks under care fully guarded conditions. "By a revision of the administrat ive features of the national banking act, provision will be made for close oversight of national Institutions with a view to holding them strictly up to the requirements of a legitimate banking business. "In order to possess themselves of the kind of' paper entitling them to rediscounts; national banks will find themselves obliged to keep a reason able proportion of their assets In the: form of paper eligible for rediscount ing and this will mean very consider able emphasis upon the strictly com mercial aspects of the business done by national institutions. "The bill provides for the pladlng of all current funds of the treasury In federal reserve banks and the pay ment of government creditors by check thereon." To Serve Eight Years. The terms of office of the four members of the federal reserve board appointed by the president are to be eight years, with the provision that those first appointed will serve two, four, six and eight years respectively. The salary of each member excepting the cabinet members will be $10,000 a year and the comptroller of the currency would receive $5000 In ad dition to the $5000 salary he now re ceives. The chief points In the new federal reserve bank are described as follows: "The number Is to be 12, with pos sible Increase later as provided. "The ownership is to be In the hands of the stockholding banks of the 12 districts in which the reserve banks are situated. The national banks are compelled to be members and state banks and trust companies are permitted to be members. "The capitalization Is to be 20 per cent of the capital of the stockhold ing Tjanks, one-half paid In and one half subject to call." Ing Chamberlain's Cough Remedy as may be required. This remedy will also liquify the tough mucous and make It easier to expectorate. It has been used successfully In many epi demics and is safe and sure. For sale by all dealers. KNEW JH SI1AND WAS THIEF HEFORE WEDDED Chicago. June 21. That his wife knew of his forgeries, amounting to .ri0(),ooo, before she married him and that she wanted him to continue to profit by his duplication of mortgages until arter the children were educat ed, were statements made by Peter Van Vlissengen the convicted Chicago real estate dealer in his contest In the suit for divorce brought by Mrs. Jesse u van vlissengen. When your child has whooping cough be careful to keep the cough loose and expectoration easy by glv- It Is now well known that more than one case of rheumatism in ten requires any Internal treatment what ever. All that Is needed la a free ap plication of Chamberlain's Liniment and massaging the parts at each ap plication. Try It and see how quick ly It will relieve the pain and sore ness. Sold by all dealers. ' STATE TOLD TO OBEY NEW EIGHT-HOUR LAW Salem, Ore., June 21. Contending that the eight-hour law is annlicahle to laborers employed at the fair grounds, Labor Commissioner Hoff directed the attention of Frank Mere dith, secretary of the state fair board, to the fact that the state Is working its laborers In violation of law, and should he be correct, it will increase the cost of maintaining the state in stitutions by thousands of dollars for the law will then also apply to labor hired by these. Generally It was hpliovo,i tut- i... applied only to contract work. Briefly It provides that eight hours shall con stitute a day's work whero .tm. county or any municipality Is employ-' er tu moor, euncr directly or Indirect l.v. by contract with another. Atten tion is called by the l.ihnr sioner to the employment of the word "directly," and attorneys who have examined the measures are of the op inion that it applies to all labor em ployed at state institutions, and if the measure applies to them, then the cost of maintaining them will -be In creased by thousands, for the laborers now work from nine to 12 hours a day. Attorney-General Crawford has been asked by the state board of con trol to construe the law. SUPREME COURT WILL HEAR CONTEMPT CASE Trial of Gonipera, Mitchell and Morri son i come up After Oetolier. Washington. June 21. Chief .Tn. tlce White granted an arjDeal to th Supreme Court for Samuel Gompers, jonn Mitcnen and Frank Morrison, labor leaders, convicted of contomnf of court in the noted Buck Stove & Range case. The anneal will ha honr.t after October.