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About East Oregonian : E.O. (Pendleton, OR) 1888-current | View Entire Issue (Sept. 25, 1915)
East Orconinn Rotind-Un Souvenir FHition Pend'eton, Oregon. Saturday. September 25, 1915 Twenty Papei Loan to Allies Will Aid Graingrowing Interests Henry CUwm Says Sale of FooJgtutfs to Earope is Contingent Upon Financial Accommodation for Allies 'jjiiiMiiitiiHiiiiiiiiiiiiiiiiiiitiiiiiiniiiiiiiiniiMiiiiiitniiitiiEiiiin iiiitiiiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiigiiiiiiiiiiuif t Concrete and Fire Proof. One of the Largest and Most Modern Gar- S age in all the Northwest. E P!e Four New York, Sept. 18. 1916. inserts must end with success The financial situation, viewed ot: think, a foregone conclusion. broad linen, continue to subtest question la one a vital to the Inter. substantial undertone. The week's of our own country as It is to the Is. I The (train Is concerned until the eleventh hour. This would expose our groin more freely to the possibilities of the release of the huge quantities ot of two serve requirements, bringing the total up to 1224.123,000, which compares with a deficit (Instead of a surplus) of J350.065.OOO last year at this date, which of course was a period when all ceveinpmcnt again encourage confl- countries across the sea. If our grain I Russian wheat the growth f-... - ..Mi a iwuMHciory settlement -u iumumuus in general are to Be : seasons that are stored up awaiting the financial, Industrial and mercan Will he r:it'hft Of th rAnn-&1 etralr. SOld tO the nation that nnv ...-..,..' .1.- 1 --. . . - 3 11 . .... - ....... ......... - ...... u..ur. vu.iiiL me opening ui mo L'Kiuaiinirs, Amine activities of our country were lr. our relations with Merlin that fo.- conditions are our natural custom- to the date that this event will occur suffering the first shock of war. We ivwi-u hip initp nom me uerman tor- i, iou, me prouuets ox our rae- elirn office seeking to Justify the torles as well as our farms are to go sinking of the steamship Arabic. The forward In such volume as will mean note was disappointing, in view of prosperity at home, It is imperative, the assurances previously given on under present unexampled conditions, behalf of his government by Count that proper financial facilities be af- Von Herns! orfr. the German ambas- forded the buyers. The question is sartor, l!, ever, there seems real the old one that Is so frequently mts- , . ln;" lne entire understood of the difference between ihe possibility of success Is such as irop. Even without such arbitrary 1 " """"arme wariare. r.s money and wealth. There is no ques-; to clothe the subject with sufficient; action and it the supplies of funds affecting the Interests of American". j ' 'on that the British and French gov-! importance to merit consideration as'ere not as completely redundant as i now in a satisfactory way of ad-; ernments have wealth with which to'one of the prime factors in the broad they In fact are, the operation of the justment. What is of equal Import-! ll' k up any obligations they may j financial nroblem. new banking law would be sufficient any prediction would necessarily be now have reached the active period 'guesswork. There are some author!-! of crop financing It Is evident that ; ties who are convinced that the task! there is to be no strain resulting from is superhuman. On the other hand,,11"13 feature during the present year, with four of the world's great nations -The secretary of the treasury has an- I deliberately proceeding to accomplish '. nounced a policy of depositing gov- this great task and making actual , eminent funds in the banks of the ven though slow progress day by day south to- aid In financing the cotton nnce from the financial viewpoint is , undertake. The terms on which the that this settlement promises to. be j credits they desire may safely be left permanent in character, thus remov- to the wisdom of the expert interests 1ng what seems to be the prime source' wn0 are conducting the transactions, if Indeed not the sole source, from , It would be conservative and good In which future shocks to the friendly relations between Washington and Merlin might be expected. While the negotiations just refer red to have l in progress there, rot unnaturally, has been some indi cation of restraint upon entering new stock market commitments. Addi tional incentive for delay, too, has ap pared from the varying reports con cerning the probabilities of the suc cessful flotation of the large loan or credit that the British and French commissioners have come over to our center to negotiate. No specific de ta'ls seem to have been announced thus far of the proposals the commis sioners are prepared to make or ac cept. That the visit of these foreign judgment, I think, to confine the credit, at any rate to start with, to say 500 millions. The success of the negotiations, as I have intimated, means much for our own country. It would provide In the first place not only for the continuance, but for the very sub stantial Increase in the volume of our exportatlons. It has what may be termed a vital bearing upon the grest granger sections of our country since it will decide whether the entente governments will be prompt and lib eral purchasers of our grains at re munerative prices at the beginning of the season or whether they will giv. preferenoe to other sourcs of supply and hold back so far as our own With th. nns.!hintv of th TTnlte.l 'o preem any important strain S,tu. Womin Active nortloimint I lnom,-v ctrcles h'- In the European struggle so greatly , W'llh suih a '"Be supply of id'.e removed and with the success of th ,um,s f " the moment exists a...k., h i,. uriv n itrht I throughout the country and as Is the outlook for the market for se-i "kel" t0 continue for a protracted pe ....!.! V... .n-AaA ae havinV TtOd correspondingly Improved. The fa vorable money outlook will not be modified materially by the practical and with our own people the single exception among the great na Hons of the world that has not been drawn into the maelstrom of the steps that will be concerned in the war an " "ad 'ts resources of credit that Is being arranged. The proceeds of the loan are not to leave the country. They will remain on de posit In the banks and trust compan ies until needed and will return to the banking Institutions when the payments for supplies for which they are intended are made. Accord ing to v last Saturday's New York clearing house statement, the banks and trust companies added more than 15, 000.000 to the already un exampled surplus carried above re- np""" iitiiiiiiiiiiiiiii iiiiiiiiiiiiiiiiiiiuiiiiiiiiiiiiiijfiiiiiiiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiitiiiililllililiiiiiiiiiiiiiiiiiiiiiiii 'J ME IDA RY FARM SAUSAGE' m iiiiiiiiiiiiiiiiiiiiiMiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiniiiii JONES Fir m" Dairy SAUSAGE niimiiimiiiiiiiimiiiimiiiiiiiiimimmmiimiiiir. Its just the product of a simple, old-fashioned farm that has neyer met even half way the shams and artifices of modern progress in food manufac ture. The meat and link are exactly the same preparation. "Jonas Dairy Farm Sausage" recommends itself. Its steady growth in popularity has been largely due to the recommendation of it by one friend to another. It is carefully made and shipped in refrigerator boxes. The ideal way to obtain it is to ask us to send you enough for breakfast, one or two pounds, on the day we receive fresh shipments. labor and property paralyxed and, furthermore. With taxation, present and prospective, in comparison with other countries on a completely neg ligible scale., there is active encour agement to look for the profitable operation of our railroads and of our great Industrial combinations that are so thoroughly .representative of our national activities. It Is still de slreXi to exercise caution in the selec tion of Investments, but there are opportunities to obtain securities pa ing for Instance between S and 6 per cent on the investment that appear attractive. Returns above such a ba sis must necessarily be accompanleC with a corresponding degree of risk. General trade and Industrial condi tions are beginning to respond more freely to the excellent crop outlook. The usual statistics of clearings, rail road traffic returns, etc., are likely to make more favorable compari sons than has recently been the case since they include a period a year ago when the first shock of the war was in progress; furthermore, as the New York Stock Exchange was closed the bank exchanges necessarily are upon a faulty basis. The recent statement of unfilled tonnage of the steel corporation showing a decrease of about 20,000 tons as the net result of operations In August was below general estimates. This disappoint ing result Is, however, readily explain ed when it Is considered that the de crease was due not so much to back ward offerings of new business but to the fact that the plants of the cor poration are virtually on a full ca pacity basis and deliveries consequent ly are taking place on old contracts at a phenomenal rate. Meanwhile In a number of instances there is a de position to refrain from taking new business at the present scale of pri ces. There are not unlikely to be addi tional shocks received by the market from one source to another during the progress of a war of such exam pled proportions as that now In pro gress. But If, as now seems so prob able, our own country is to be suc cessfully piloted through the recur rent complications, the general mar ket's prospects appear such as to en courage conservative purchases of div Ident paying stocks of a responsible character. ' ..' , . i -- 1 ; i; 'i ,v .u-- ; ) ! jriu 5 i if vjt: - ' '4,:. a t l : i A - - . . . - . si t St --- ' ' -- '-' r .. ' . mmn CNDENl GARAGE SAFETY SERVICE CONVENIENCE E We offer three roomy, clean, light and well ventilated floors for E the storage of your car. 20,000 square feet of floor space. Ladies' wait- S E ing room and every modern convenience for our patrons. Gasoline, fre nd water at our curb. Largest and best gasoline pump in Pen- i dleton. Prompt attention and satisfactory service all day and ALL - i NIGHT. Full line of accessories carried. E Automobile Overhauling and f Repairing a Specialty 1 General repairing and overhauling of autos, combined harvesters, gas engines and machinery of all kinds. Parts made to order prompt- ly. Expert machinists and up-to-date machinery. 1 Kelley's Auto Repair Shop in Connection I llemmelgarn i Webb, Props. 1 j East Court and Thompson Streets. Telephone 633 nllllllllllllliiiiiiiiilltiiiiiiiiiiiiiillllllllllllllllllllllllllllll lllllllllllllllllllllll lllllllllllllillillMIIIIIIIIIIIIIIIIIIIIIIIIIIIIIri I'1 ' '''SS II like repte Warehouse WHERE IT PAYS TO TRADE. PURE FOOD SHOP IN BASEMENT. 3 MAIN LINE PHONES, ALL IS. Cleanliness, Economy, Service. We will be glad to give you one of our receipt books if you ask for it. Illf I tllf Ml t Mllllltllf It MM tllf Ull t IMf I Mf IIIIIMIIIIIIM tf Ml III IIIMIIIIIII Ml Ml I M 1 1 linillTMMf MIMIIIini ttllllllllllllf Mil MARIE DRESSLER RESTS AFTER BEING "FILMED" NEW YORK. Supposing you were built on rather generous lines about six feet or so altitudinously and fair ly well horizontally supposing so, how would you like to: Fall twice off moving automobiles, Be pushed through a brick wall, lie yanked up into the air on a steel cable, Be rolled under the open spigot of a molasses keg, Jump from a culvert onto the top of a moving freight train, Jump from the aforesaid moving train into a little box? Marie Dressier, comedienne, does all these things and a lot of other slightly less bone-breaking stunts In her new movie and likes them. In fact she is crazy about the movies and Insists nevermore for the stage. Sho Is taking a vacation Just at present after working out "Tillle' Tomato Surprise," her new sir reel laugh pro ducer In which she pulls the stunts enumerated, above. "Yes," she remarked, ''those stunts are a little hard on the nerves, and I've accumulated a number of bruis es the there was an awful lot of fun In making the picture. In one scene I'm supposed to be pushed through a brick wall. Naturally we built that wall with watery mortar, not expecting It to tlck together very much. But something Inter vened and we couldn't take that par. tlculnr scene on the afternoon the brick wall was constructed. The next day when we came to filming It, we found the mortar had dried and I want to tell you that It was a mighty hard brick wall that I was rammed against." Miss Dressier la a great movie booster and Is advising all her stage friend to take up the work. She had a 'private exhibition of her new film at the Gedney Farm Hotel. White Plains, recently, and Invited William Courtney and wife, Virginia Harned, Louise Dresser, Ether Barry more. and a host of other stage tars to witness the film. All through the evening she wa as nervous as if she was going through the "first night of a real stage show. Mclean m (Successors to City Auto Co.) , - IIUIWM , II V -' TO.!l . V ,- " ' - ' ' ' ...4 1' .'. ....... . v 4 ' " I- ' i ii v ir. iff j V5fIJrw Ml Inii I r if Jri 1 llPrtKlWWB I Agency for the OVERLAND and WILLY'S-Knight Cars ACLOSE-in and convenient garage for storage, repairs, over-hauling and accessories. Gasoline pump, air and water at our curb. The best oils and lubricants. Overbed, Cadillac, Hudson, Service Station Factory mechanics in our shops, who understand the indivi dual requirements of the above cars. We make a specialty of service that is service i 726 Cottonwood Street, Pendleton, Oregon. Telephone 46 f s,nmnmJiilNMlWlllimhll!iminmimilMlllntlimi!llll!IMIimiWHlll!ilim nuinun urn.. ... 9 "j HililllTO
