PACE 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.