TIIK IIKNI) IIUM.HTIN, DAri.Y KIHTION, IJEND, ORKOON, HATl llDAV, MAY M, 1022.
PAGE B
Long Skirts and High Necks
On the 1922 Bathing Suits
My IIKIiDA IIOVT
(Written (or The tlnlu.1 lr.)
NICW YORK, Mity 12. "Mollior,
inuy I k out to hwIiii?"
"Yiih, my (lurllug ilaiiKlitnr,
Blip un unci of your Initial frocka
llul don't ko miur Ilia wuliir."
Whiillitir or not (hl l Hit) utlvlmi
of llm mmliirii motliiir, It ouproaaiia
tin) Idi'ii ol Ihu iiioiliiiii hiitliluK con
tuiiiii. Tim lino lintwi'uii tho bulhiiiK
Hull ami Ihu alruul kowii Hi In yimr Im
no liitllatlnct that It mil u I run a nitiK
nlfylnK Kl"" to una It ut till.
Tho 1H2 ImtliliiK null cnrrlua all
Ilia 'iiur-inurkM of tlm Binurt 1922
riorkloiiKur aklrla, hlKhur nocka,
pulU'lH. low walat 1 1 null, iniitul KlrdliiH
rviirytliliiK. H lookn ua IIioiikIi lh
1 1 mil hunlnunn mull ll nil bitltur aptmil
hln lulmira lioura on Ilrnndway.
Omi wonilur why UiIh bikIcIcii
mmttiaty In bmich upnuriil. Im II bo
miian of th atrliiKttut ri'KulullonN r
quiruil at i ino uf tho ocnan ruaorlaT
In It a mill ili' n ruvulaloii fiillowlim
tlm aliort aklrl cruxnT Or In It
woinnn'K wiir bi'liiR wimcd on mill
burn T
lliirottidiro. Ilin bimrli offrrnd tin
Ilia only rimduivouH whnre wa coukl
urn polo with tho luillua of thn clior
im. II wuh our on chuuco of Kuttlnx
Iwrk at thiim, but now, nlnn!
KklrtH of moat of Ilia hlKh prlnid
ImtliliiK nulla oxliind bulow thn knun.
Nnrklliian am hlKh and nmdit with
I'ntnr I'nn eollura, oinctly llkn thn
roundliiK eollura worn with tlm allp
nii awontora. In many motlla lliuro
urn Ioiir nli'vviia.
Tlm llttlit old Anni'ltd Ki'lliirmun'a
nr un nenrco un hiin'a tut-lli. In fact,
tbn nnu-pliM'i! Hiiita ttuit wnru initdc
to cIIiik m I lin form nrc ilocldi'd ly
"'out of form."
With tho lmtlilnn milt, im with
cvorythltiK vino tlila himihou. ttiiiicrlula
play tho mont Important pint Of llm
hnlhliiK miiliTliiln Scotch homv-npuiiH.
rri'PL'-kriltH, chiffon vulvota. cniitou
rriipnn, Bilk Jnrnoyn and KliiKhiunv nro
til oiio incotliiK with thn Kroalvnt pop
ularity Trimming of flu In
A Ni'W York fatiihllnhniplit that
npi'clnllzi'H in tut t h I n fc eoatumcia In
nhowliix a null of orutlK" homnnpun,
trim mod with blnck owl which nro
appllquod on tho pockutn. blooniurn
and upper portion of tho chomlao
Hi I p. Tlinre In a pnrunol of oranKo
homnnpiin to mutch, with two hum'
owln porrhi'd upon an Irregular limb.
OraiiKo tin till UK nllppi'rn rurry out
I h color nrhi'ino mid an orniiKO
homonpun bonch bliiukot Ink cm the
place of thn Mlcnmi-r run.
KtrulKlit ilii'inlHO nllpn of chiffon
vi-lvi't worn over hlooini'rs will bo a
fiivorltn iiiodi'l IhlM your. Thcno arc
made with riitimllnK ni'din nnd aro
COMING TO
THE DALLES
Dr. Mellenthin
HI'KCl.U.IST
In Inleriuil Medicine for the
piiMt eleven yenra
IX)i:S NOT Ol'KH.ATK
Will be nt
TIIK DAI.I.ICH IIOTKI.
Wednesday, May 31st
Ofllre Hour: 10 . m. to 4 p. m.
OXK DAY ONLY
No Charge for ConMiltntlon
Dr. Mollnnthln in hi roKUlar grad
u.tte in modlclna and Nurgory and In
licoiiHod by tho nlnto of Orogon. Ho
vlnltH profnHHlonally tho more Im
portant townn nnd cltlaa and offoiH
to all who call on thin trip rroo con
Hultntlnn, eicopt the oxpounu of
trontmeut whon (I oh I rod.
According to hln mothod of treat
ment ho doo not oporate for chronic
appendicitis, gall atonoa, ulcora or
Nlomacli, toitHllH or adenoids.
Ho linn to his crodlt wondorfttl re
HUltH In (llHeanon of thn stomach
liver, bowels, blood, skin, norven,
heart, kldnny, hliuliler, bod wetting
ratnrrh, wonk lungn, rhiiiiiiintiHin
Mclntlcn log ulcers and roctal all'
mcnts.
If you have boon ailing for any
length of time nnd do not got any
hotter, do not fall to call, iih nil
liropor measures ralher than dlHonae
are ofton thn cniiHO or your long
Htiuullng trnublo.
Itoninmhoi' nbovo (Into, that con
Hiiltatlon on thin trip will bo trou
and that IiIh troatimmt 1h illfforent
Mnrrlnd womun must Do accom
fianlml by tbnlr htinhunds.
Addrnns: 3.10 DOHton lllock, Mln
hcapolis, Minn.
mIiwvuIi'mh. Thvy urn coiinml ut I ho
hlpn by ii nurrow celluloid linked belt
In u vivid color. Chiffon velvet
mIhuIm water well nnd ono looka Ilka
a nloek, wet aeul when nlnpplliK out
of the water III II. It In not, how
ever, u nultiihle inutciliil to nit u bo ul
thn beach In ufter a HwIiii, un It doen
not dry quickly.
(lliiKbumn will undoubtedly be
very much worn by tho youiiKr net,
for thuy connlltuta the only modeln
which me cut on thn "Kiddle" IIiioh.
They uru axact dupllcutea of thn llt
tlu (IreMMon worn by tho nlx-yaur-oldn,
with cunnluK llttla rufflea formliiK
tho nklrt unil placed around thn buby
neck linn. Their Iouk wulnt Una Im
flulnhed with u wlda nunh which Ilea
In a buna bow In tho reur. Hulln of
thin typo uro mont ultructlva when
mudu of rod and whlto checked KlnK
liuin ii nd plpod In red. Half nockn
would bo nultablu for thin linthlnK
ooHtumn, providing tho plulu clot Into
beach officer doonn't noo thorn.
Nature', Supramt Wladom.
If It were lint fur tho rheck thut win
ter Intvrpuaoa, vi'Kiitutlon would
climb nkywnrd until we hud tropical
Jiinuli'i mid llnwera liliih In th bruni b
en of the foreal, Innlead uf vlnletn and
dutnlen and Imly'a-allpper ori'hlda. An
It la, tho j en r a lender growlba decay
In tho wot and ruld of winter, furiilnh
ahelier to the aeoda of Ki-aaai-a nnd
aiuull wooillund pluuta, and no fonter
a new growl h for tho coming of Hprluif.
Kmmi In demy there la a purpoae; In
imiuro alwuya there la a now begin
ning. Youth'n t'olnpunloii.
One of World'a Oraat Rivera.
The mouth u( the Ycnlaol la only
nprn for a fow weeks In the year. One
of thn InrgoHt rlvora In Hie world, the
YciiImoI, which floua Into tie Arctic
len at Yeulelk, la In Ita lower reach-
ea four or llvo mllea wide.
Rrni'PaU 1)1 Ihr Annnil Hlilnmrnt of Hi"
FARMERS' FIRE RELIEF
ASSOCIATION OF BUTTE
VILLE, OREGON
of H'iM llt. In lht Htftle of Oregon, on
t)i Mil d4i' cf ! iniirr. 1 0 -1 . m'l
lo tlit I nu rn ('omtniaatDncr of the
Hnie of Ofruoii, intrmoint to U"
Inroraa
Nrt ircmlomi rxroiTvd tlur
itit l yrr ... ft.Ml 71
r rr-fi'ivrfl rturliiC yrnT 31,40'J 10
tii(rrl. dlvllrnl ttit r-nt
ir(tiTl durltif ilia yr . 1.717 30
Tout lorunn I
DlBbttrMfliouti
Nj lora bkI durltif Ihet
yvr Infliidlng mljuiimrni
eiMnr .
L'niiiHile-iMnk n 'I larif't
paid durhiK Iop ) iir
Tax., licnira nnd lrr pftld
duriuc 'Iip ysr
Amount of 11 otwr -.-n-
diturv
0.7H3 "1
11 00
1.7IM.43
ToUl fIirnilllurr .. . . 9
Valtic of rial rualr ownrd
(market Viilui-)
Valuw 'f to-ka and bondi
uwiiid inarkp vhn-
fatlt ID tail W a J VU
IntTft and r.n!a duf
accrued
noo, oo
(1(13 07
Total admlltrd a-tota 9 5.H.lfi 8H
Bualnaaa in Oregon for th
pMiiiiuroi rnreivrd dur-
Ins 0.o ..r -.;2
I...r. pld durln Ih Vcar 10.-.H.5H
Ihiip UicurreU durlh lb- ,02Tfl!ia
rulSnW'' KtHK ""ilKlilKK ASSOCIA
TION O I IU'TTKV1I1K. OKKUON
J.. 1. VVIliT, lrr-l.lrnt
I, I. Hlopr, Brcrtary
Rynot-ia of ihe Annual Biatrmont of tlie
HOME LIPt INbUttANUc,
COMPANY
of Now York, tn tha Butf of Nrw York,
on tho thirty firat dr of I -pom bur. l21,
madn to the Iruuranro CommlailoniT f
the Hlale of Uregon, iurauan to law:
Income
Total iirrmiuin income fr
th. yr.r 6.000.S47 31
Inlerral, illridenda and
rnta rrroivrd during ti
year .
Inromt from other aourrna
rerelvp during the year
3, 118,301. M
lH3.3O0.no
Tolal Int'omrt
. 9 9.-JU1.M17.04
Dliburnementi
1'atd for loaaoa, endow-
me tit a, anmiitifa and
aurrrmh'r valtiea 9 4.011.314.04
Dlrtdrnda paid to policy-
hnldrra during thn year 720.020.77
Pivtilrnrin paid on rapitnl
atork during the ) oar .... Nil
Contmlaaiona and aalnriea
paid during tlio yiar. 1.300,103.87
Tax-a, Ilieunfla and fees
paid during the year 172,078.74
Amount of all other expen
diture 95(1,703.77
Tolal expeuditurea 9 0,577,010.60
Aiaeti
Value of rnl pit ate owned
(market value) 9 1,500,000.00
VaJue of atock and bonda
owned (market or amor
1 1 ted value) - 93,017.000.00
Ioana on mortgage and
trilateral, etc B.330,743.00
Premium note and policy
loan 7,070.037.00
Cosh In bank and on hand 1103,845. 00
Net uncollected and de
ferred pr-mluma 040,010,53
Interval amN ronta due and
accrued 872.354.00
Other aaaeli (net) 117,070.00
Total admitted nonet ... 943,33'i,8'47.GS
Iiiaolllttai
Net reai-rv.- $30,840,440.00
Omaa rlaima for loaac un
paid 200.339.00
All other llaMlitie 3,135,054.07
Total lialtilUU'a, exrlu
airo of capital atock
of nil f49.941.8no.fi7
Bu sin etna In Oregon fnr the Yor
Qrona pri'mtum roolvttd during
Ihe year $5,337.04
Premium tid dividend re
timed during the year 001.80
Ijflnaea paid during the venr 350 00
UOMK I.IKK INHiriUNtTK COMPANY
Py W. H. (laylord, Hocretary.
Stnliitnry realdenl atlornoy for aerrtce:
Hon. A. 0. Jlarbr.. ,
Hoff's
(Kililorlal in Kali-ill Ciipllnl Journal)
Tlm cunillilatn'a olnntlnn pa in pli li-l rontainn tho following atati
ininit In biibalf of Hluto Tronniirnr O. I'. Iloff, who in a cundlduln for
I ii il in: 1 1 f n , an to why ho Hhiinld bo noiiiliiuli'ii und rii-nliictnd : "Hln
im Hi of nfllm Ih IiIh only plwlKU, 1 1 Im rncord In your Kuaruntno. Hln
ixpiirlmino In your protection." It In Ihnniforo liicuinbont upon tho
votnr to Hiiiii thn rnrnril thut In your KiMrui."i-fi, and tho exporlnnco
that la your protixrtlon.
Thn hint report of tho Iiiduntrial Acnlilmit Commlnnlrin ahowa
thut $100.1)00 bun hnnii miirknd off from tho vuluo of nocurillna In
tho liidUHtrlul Accidnut fund for dnprofMiitloii un u renult of Invoat
iniiiilH inudii with tho fundn by Htuto Trouniirer Iloff. Thnne Invnnl
iiinnln III iiinntloiiublo ancurltlon of inonoy r'lHorvfd for wldown und
orphunn ronultnd In u Krunil Jury InvontlKutloii of tho atuto trounuror'a
olllco two yearn iiko, oxpoxliiK ua Krout u ncuudul un ovnr broke un
ilnr thn il diii i of thn cupltol, hIiowIiik thut thn mulo Inventmontn
wnru pruntlciilly turned over to a corrupt bond Iioukii, which wun k!vi:ii
u virtual monopoly of IiivohUiik ntutn fuiiiln by thn Htuto trcunurer.
Tho Krund Jury, of which (iidoon htcilu of Kulom wun foreman,
round thut tlm atutn treuHuror oflon puld for honiln long before their
Ihhuuuco or dnllviiry, and thut tho bond brokera were permitted to
niiiko pxtortloiiuto prolltn at tho expunnu of the atute. Tbe Jury
reported ;
"Htnto Treunurer Iloff purchuned from Mr. Ktherldge of Morrin
IIioh. Inc. from Junuury 0, 1919. to Murch 15, 1920, lionda of the par
value of 1, 100, 021). 01) ut u cont to the Ktuto of OrcKnn of $1,172,
223.12, which llondn cont Morrin Itron. $1,088,147.03, KivInK the
enormoua pro lit to Morrin Itroa. Inc. of $84,076.09. The recorda
further reveul thut bondH which were not in exiatence hud been sold
by Mr. KthnrldKo to tjluio Treanuror Huff at an exorbitant prolit,
und puymnnin In full mude thereon by the Ktuto Treunurer."
Inatend of purcbanliiK bondH on the open market or buying di
rectly from municipalities und auvlng the atute exceaalve commianlona,
Treunurer Iloff mude practically all of bin purchaaen throuKh one
bond 1iiiui.ii. permittiux them to make excenalve profits. About thin,
tho gruud Jury aald:
"Tho moat fluKiunt example of oxccimlve profits Is the sale of
$100,000.00 water bonda of Ileedaport to the Stute Treunurer ul tho
enormoiin prolit to Morrin Ilron. of $18, 01S. 90. On June 19, 1919,
Iteednport wan Incorporated; AugiiHt 25th name ycur Morrin Ilron. Co.
entered Into contract with Itn city ofllclala to take $100,000.00 of Ita
bonda when laaued for $92,320.00. Mr. KtberlilKe Hold them on
October 28, mime year, to Hluto Treunurer iloff for $108,399.90, and
Iloff puld him that duy thut amount. Thirteen duyB luter tho City
voted to laauo tho suld bonda und forty-four days luter did issue and
deliver them to Morrin llros."
Tlfo Krund Jury severely criticised the "rluht apparently given
by Klnto Treasurer Iloff whereby Morrla Ilroa. Inc., were authorized
to withdraw aecurities aold to tho stute, some of which were offered
for sule by Morris llros., whllo they were yet held by the state treas
urer." Tho bond house has authority to sell any first class security
held by the stute and substitute other security for it, leading the
grand Jury to remurk, "there should bo no strings upon any of the
bonds purchuned by the Stute of Oregon." Further, the grund Jury
reported:
"We condemn tho policy of Stute Treusuror Holt In Investment
of Htu-h lnrgo auins In ono investment: also condemn his pructlce of
buying bonds thut puy a high rule of Interest regurdlcsB of the prop
erly that must redeem tho principal. Safety first should apply to In
vestment of public funds. Why should not the Stale of Oregon use
n much Intelligence In Ihe Investment of Its funds us It does in buy
ing supplies."
Attiichcd to tho grand Jury's report and made a part of It. was
the auditor's report of tho Investigation mado of tho hooks of treas
urer nnd bond house, which reveuled tho fact thut during the first
month of Mr. Holt's administration. L. G. Hulln, who filled the office
of deputy stute treasurer as appointee of Mr. Iloff, was paid a com
mission by MorrlB llros. Inc., for bonds purchased by the state. To
ciuolo this report:
"On January 21, 191!), a payment of $362.60 was made by with
drawing Hint amount from the bank by means of a check mnde out
to the order of cash. The stub of this check contains the following
information: "Cash for account of State Industrial Accident Com
mission of 1 per cent on $75,000.00. Astoria 5'b dated October 1,
1918." We were Informed by Mr. John I,. Ktherldgo of Morris Bros.
Inc.. Hint this was a commission paid to Mr. L. G. Hulin, at that time
Deputv State Treasurer, on a buIo of those bonds to the State Jan
uary 24. 1919. TIiIb a in on nt was charged to the commission account
on the hooks of Morris llros. Inc.
"In the same account we find that amounts totaling $315.33
woro charged as commission paid to L. G. Hiilin February 5. 1919,
by menus of check mndo to the order of L. O. Hulln which plus the
commission of $562.50 on the Astoria bonds, Mr. Hulln received a
total commission of $877.83, for Bale of bonds from Morris Bros, to
tho Stato of Orogon."
After tho adjournment of the legislature, Representative J. G.
Richardson Biiccocdod Mr. Hulin as deputy treasurer and practically
nil of tho stato trensuror's bond business was turned over to John L.
F.thorldgo of Morris llros. Inc., who Invested the Btnte funds In what
ever security nt whutovor prlco ho desired nnd reaped a fabulous
prolit, the state treasurer apparently not caring about the security ns
long as tho Interest "was nt a high rate.
As a result of the expose, the grand Jury rocommonded tho tak
ing uway from tho stuto treasurer the right of investing state moneys
unil placing It with the Btato board of control a recommendation
onncted into law nt the next bcssIou of the legislature. Mr. Hoff was
not nnd 1b not accused of dishonesty but his competency was chal
lenged. The conduct of Ills ofllce has demonstrated his luck of busi
ness ucuinen.
.
In the argument for his ro-electlon. Mr. Hon praises himsolf for
Incroaslng Interest earnings of the funds In his charge. For this, of
course, he Is to be commendod, but the saving thereby resultant doeB
not bogln to offset the loss to the state due to depreciation of poor
Investments.
Mr. Hoff has handlod more money thnn his predecessor, due to
Increased revenues from taxation, from highway and bonus bond
aalos. but this cnlallod relatively little more work. On the other
hand part of the work formorly done by the treasurer, tho stato land
loatiB, have boon taken away from hlB department altogether, despite
which ho has npont over double tho amount of money thut his pre
docosBor spent. The last legislature appropriated $50,000 for tho
state troaaurer for two years. During tho drat year he spent
$26,227.44. In addition lo $14,643 out of the Inheritance tax fund.
So that Ills total cost por year Is ovor $40,000. ns against $19,550 for
tho lust year of his prodocossor.
Neither bb Investor, nor as guardian of public funds, nor as
economist nor as ndmlnlBtrntor has Mr. Hoff earned ro-electlon. His
opponent. Thomas F. Ryan of Orogon City, was for eight years as
sistant Btnte treasurer and his qualifications for the office seem su
perior to thoso of Mr. Hoff'B nt least thoy could uot he pooror. Mr.
Huff's record is certainly no guarantee and' his cxporteuco no pro
tection to tho people.
(Tnld Adr. by Ryan-for-Treasurer Club, Hal K. Hoss, Sec'y
Troas., Orogon City, Orogon.)
Record
HON. WILL H. HAYS
EXCIIAIKMAN, KKI'Ulll.K AN NATIONAL COMMITTKK
RALPH K. WILLIAMS
Vice Chairman
Republican National Committee
VOTEX 13
EDITORIAL from the
MR. WILLIAMS FOB COMMITTEEMAN
Will H. !Uri. who but UWljr retired u
chairman of th republican national ommlttw,
pari tribute tn a Uirjrrmra to th aerriec
performed to the republican party by the
committneman for Oron, Ralph E. Wil llama.
Mr. Hajra hould know. HU testimony may
be accepted as aomethinjjr more than a mere
polite and formal expreaalon of approval, to
be expected from one member of the organ
ization for another ; for It U upported by the
entire committee, which, not many month
aro. by nnanimooa vote of the representatives
of forty-elxht lUtes elected Mr, William vice
chairman. He la the oldest member in point
of service, and it hi obvious it is not denied
by anyone that his standinjr, with the heads
of the republican party is very high.
The national committeemanship is a party
job. It pays nothing in salary but It carries
VOTE X 13
(Paid Adv. by CommitUx of Republicans. C. L. SurT. Scc'r. " Board of Trade Bldjr..
Portland. Oregon. I
Before Printing.
Itefore the art of printing all educa
tion wiib of neresalty nainly oral; the
scholar hnd to hanj on the lips of hi
niastera for whatever knowledge he ex
pected to acqnlre In the college, acad
emy or parish school ; his only hope
bealdes thla was the rare privilege of
looking at a manuscript In some col
legiate or monastic library. Srnarltu.
SrnopiU of the Annuel Statement of the
PACIFIC STATES FIRE
INSURANCE COMPANY
of Portland, in h State of Oreeon. on
the 3Ut dsjr of Dfcttrber, 1921, mad
to the Insurance Commissioner of the
State of Oregon, parsuant to law:
Capital
Amount of capital stock paid
up . 809.2SO.00
Income
t premiums received dor
inn the year $ 202,659.49
Interest, dividends and rnts
received during the year.. 48,311.38
Income from other sources
received during- the year.. 57.307.49
Total income ..$ 3S8.278.86
Disbursements
Net Iosrps paid during the
year including adjustment
expenses $ 153,880.45
Dividends paid on capital
lock during the year . 20,782.85
Commissions and satarics
paid during the year 100,203.07
Tmis. liienaes and fers paid
during tha your 15,585.26
Amount of all othor expen
ditures 73.458.31
Totsl expenditures 9 363,909.74
Assets
Value of real estate owned
(market value) including
Inc. $ 295.001.79
Value of stocks and bonds
owned (market value 536,620.53
Lonns on mortgages and col
laterals, etc 76.467.77
fSih In banks and on hand 28,899.93
Premiums in course of col
lection written since Sep-
0, 1921 104,583.86
Interest and rents due and
accrued . - .. 13.270.55
Total admitted assets . 1,054.394.43
Liabilities
Gross claims for louses un
paid and adjusted expense
Amount of unearned premi
ums on nil outstanding
risks
Dae Uinsurnnce Co. 'a
S.73o 39
129.246 64
80,453.00
S9.10.V0tt
All other hatuiitK's
Mortgages on real estate 110.0W.CO
Total liabilities, exclusive
of capital stock of
309.230 42P.5-t0.il
Business in Oregon for tho Year
Net premiums received dur
ing the yar $ 140.018.02
Losses paid during the ytwr 76,002.94
Losses incurred during the
vcar 71.970 65
PACIFIC STATES PIKE INSURANCE
CO.
T. H. Williams. President
Statutory resident attorney for sen-ice;
V. V. Mueller. Ast. Secretary
Think twice before acting, and
practice "Safety First." By thus do
ing you may avoid a serious accident.
The Sheylin-HixoQ Company
TELEGRAPHS
RALPH . WILLIAMS
WESTERN UNION
TELEGRAM
.U52NV 9:j lilue
Fl .New York NY 120.11' May !i IH'-M
lUlph K. Wllllum,
Republican National Committeeman,
Portland, Oregon,
Mutual friends have (old me that
you aro a rundidnin for re-elertion
an Republican National Committee
man this year, and I am constrained
to Kend Jut this word of apprecia
tion for your splendid service on thn
committee all tlm time that I wan
chairman. Your election aa vice
chairman of the natlonul committee
wun tho fullest possible evidence of
the committee's gratitude to yon
and their confidence In your great
future usefulness to the committee
and to the party. In this I join
moat heartily. Kindest regard and
best wishes always,
WILL It. HAYB.
MORNING OREGONIAN
many responsibilities, and calls for work. Its
rewards are. of course, recognition of leader
ship, and the prestice and influence that wo
with it Mr. Williams has been the commit
teeman for Orejjron for fourteen years, and is
a candidate for re-election. There Is no rood
reason why be should not be re-elected ; there
are good reason why he should be, the most
obvious and unanswerable of which is that
he has a hlxh place with the committee, is on
terms of intimacy and confidence with the
national leaders of the republican party, is in
line for the national chairmanship, and can,
and doubtless will, perform service which no
new man, whatever his qualities, can possibly
perform.
The Oresronlan is reluctant to interfere in
the contest for national committeeman; but
the ad v entases to the republican party in
Oregon of Mr. Williams' election are so plain
that it feels that It should point them out.
Origin of Moon-Eyed.
The expression "moon-eyed" as pop
ularly used to describe an advanced
stage of Intoxication, had Its origin In
India, where a certain variety of drink:
taken In excess renders Its victims
blind from sunset to sunrise, or dur
ing the period that the moon Is shin
ing. The condition tn extreme case
lasts as long as IS or 10 days.
Synopsis of tbe Annual Statement of
THE PENNSYLVANIA FIRE
INSURANCE COMPANY
of Philadelphia, in the State of Pennayl
vanis. on the 31 it day of December, 1921.
made to the Insurance Commisaioner of
the State of Ort-jton. pursuant to law:
Capital
Amount of capital stock paid
up 9 750.00000
Income
Net premiums received dur
ing the year 4,904.889.95
Ii teres t, dividends and rents
received during the year.. 484,705 29
Income from other sources
received during tbe year.. 14,192.27
Total income $5,403,347.51
Disbursements
Net tosses paid during the
year including adjustment
expenses $2,966,383.44
Dividends paid on capital
stock during the year 150,000.00
Commissions nnd salaries
paid during the year 1,613,589.03
Taxes, licenses and feet paid
during the year 258,743.66
Amount of all other expen
ditures 699,079.78
Total expenditures $5,692,795.90
Assets
Value of real estate owned
(market value) $ 150.000.M
Value of stocks and bonda
owned (market value) 8,845,268.20
Loans on mortgages and col
Utersl, etc ......
Cash in banka and on hand
Premiums in course of col
lection written since Sep
tember 30, 1921
Interest snd rents due and
accrued ....-...........
1,897 66
540,759.70
819,765.13
116,864 45
Total admitted sBsets....$10,474.S55.05
Liabilities
Gross claims for losses un
paid - $ 622,810.00
Amount of unearned premi
ums on all outstanding
risks 5.015.919.32
Due for commission and
brokerage 20.051.26
All other liabilities 1,142.796.89
Total liabilities, exclusive
of capital - stock of
$750,000 $6,801,586 9
Business In Oregon for the Toar
Net premiums received dur
ing the year 9 71.3Pl.8fi
Lotises paid during the year 48,087.50
Lose Incurred daring the
ynr 43,310.50
THE PENNSYLVANIA FIRE INSUR
ANCE COMPANY
Cecil P. Shaflerots, President
H. J, Thompson, Secretary
Statutory resident attorney for sorvioa;
H. V.. Smith. Portland. Oregon.