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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (Oct. 21, 1920)
I Page four The Capital Journal, Salem, Oregon Capital Journal Criticizing the Federal Reserve The Federal Reserve banking system is under fire from a saiem, Oregon 'good many sources at present because it refuses to act in An independent Newspaper ft,hnif 0f special interests but for the welfare of the country Th? capita.' Journal as a whole. lHEItffi Printing; Co.. 136 south commer-, rpj American bankers association of state bankers has efa.1 Street. - Q J.taJ non,lntiM-io onnrlAmnmiv flirt KrvQfl'c. inriil of inn n-m- Telephones -Business office, rooms, 82. circulation 8i; Editorial peling the collection of checks of the face amount at par O. Putnam. Editor and Publisher Entered as second class natter at Salem, Oregon. mall Jthus eliminating the clearance charge made by many institu tions. In as much as this clearance charge was really a tax on business, its abolition benefits all business except the banks. Last week the political farmers of the country gathered SUBSCRIPTION HAl'Eb I'ntil November 1. mull sujMCrip ,... tiiii In. received at the old ,.f i ner vear in advance HammIih I. th tion price wiii ie 3 cents per eopv a(jvance farmers sufficient money to enable them to establish 5 cents per monui ut i.i..i jinnlu 'i III nnth by mail, Club Will Offer Membership to 150 Salem Men Plana for a membership c; pfiign of a type that bids fair be unusually successful 'were vanced last night at the Comnvi -cla! club open forum under the guiding hand of William Mcdil christ. One hundred and fifty names of eligible persqns wire i SLEEPJIMEJALE S I 'Vithb tale of Thursd av hoping, perhaps, that sometime he might learn more about her. Bui Kiddie Katydid guarded his secret too well. The End. The Best of Friends. I In spite of his lengthened horns, ' Leaper the Locust hardly dared 'show himself while his cousins re- i TIT I 1 1 1 1-J XI- fl -1 1 T I 1 ,..'..H ku Kfw MWXHntlflMt .-. i n ,1 on'li subserip-, at v aMiinKu,ii hiiu uemaimeu mat tne r euet ai ivesetve uaitn. ; ' - ---- ' , d in tne neighborhood. a monopoly in wheat and cotton, to permit them to hold their ""By order of u. s. government, crops untu tne price ot wheat went up to $3 a bushel and ,11 mall subscriptions are payable , demand f cQ In advance. . luseu anu tne larmers toiu mat they must no their share in cooperating in the return to normal. The Federal Reserve board of course does not control local banks and necessary assistance to farmers is a proposi tion for local banks. The idea of perpetuating hitrh prices Advertising representatives w. n woril Tribune Bid. New York W H. Stockwell, Peoples W.. Chicaffo. Gas PRESS ukudkr ASSOC In TKl The Associated Press is exclu sively entitled to the use for pub lication of all news uinMoua j an(j nroiiteerinir. however, dons nor anneal tn the hanks m credited to It or nut -r oredltcd In this paper and also 0 no people. wMM hereto, ; The Federa Reserve bank jg doinfer a very usefu, and necessary work in its advisory capacity, in speeding the pro gram of orderly deflation, without injury to essential indus try. Were finances ot the nation left to the tender mercies of the Wall street bankers, as under republican administra tions, there is little question but that panics would have fol lowed the European war. the entrance of Amerir-n into the The drop of prices seems to w&r an(j tnat we would now be in the midst of one. Panics be regulated with an eye-drop- were brought on to enable the big financiers to gobble up the nr "ttle ones, but are now happily a thing of the past was taken by a member who prom ised to make an earnest effort to But when he did venture out, make him a member. j not one of the hungry horde paid Declaring that the products of j the slightest heed to him. They Marion county need the attention just ate and ate and ate. And of an agriculturist. L. J Chapin pi,-a;ant Valley soon began to take outlined the work which the ag-' on a brown, withered look, as if High Executive Of Boy Scouts Here Next Week will Loganberry Laughs By Robert Q allien, The wo still able trade. d's broken heart is to we get them. Baseball survived the inven- gurvive the use of crooks. Why don't they revive the ballet dance in celebration of the Nineteenth Amendment? 0 0 0 0 The profiteer is beginning to learn that a soft answer won't turn away hard times. II' the price of hogs keeps on dropping, a year from now a landlord won't bring G cents a pound. Why He Deserts His Party Ifmd,ni- IJni.i.o.b on Am' I TT J l,j . sii up an j of the "Farm and Home" and the Orange Judd farm publica tions, has joined the long list of life-loner republicans who j have deserted Harding on the League of Nations issue and Most of our money is spent j will vote for Cox and the League. In making the announce- ... . I L HJT- TT . it . i . for things we don't like alter , menu, mr. neracK declares that everyone is suffering be cause ol the failure to ratify the peace treaty and end chaotic conditions in Europe. The slump in values, he declares, is due to the loss of i foreim markets. TCmvme iu nl ,. 1 ... ;i u " 1'" w .iwcvu,v nciuuf mute cu die tion ot curves, but it can t United Stales than she i k,iin mu. f i... , - v. WW.T itiKl t ILMUL L LltC tl t d V 1 stableize conditions, commerce is dwindling. Mental unrest prevails and spiritual values are lost sight of. Yet the world's need is universal for the utmost of human production and for the closest interdependence. He concludes : To lead the way out of present chaos, nearly all the nations of the world are leagued. Bven Mexico. Germany and Russia will join. Only the United States Stays Otlfc And now in his Deg Moines speech, Hard ing says the United Slates will never go in if he is elected. He re pudiates all Republicans who favor the league. Harding casts aside every spiritual, social and economic consideration that indissolubly bind America to the rest of the world. Just as confidence was being restored at home and abroad when must Bravely needed, Harding breaks down its delicate structure like a bull i" 8 china shop. The history Of politics affords no instance of such utter betrayal ot a nation's welfare. There is no question but that one thing the matter with the world and the source of many of its ills, is the fail ure of America to ratify the peace treaty, and speed the re turn of stable and normal conditions. riculturist, who, it is hoped be secured soon, is to do. "We are prepared to offer him an attractive salary," Mr. Chapin explained, "but it is rather diffi cult to find the type of man we wish. Among (rther things, he must be a practical farmer." That 2800 automobiles have vis ited the auto camp during the last five months, carrying about 11.000 persons to Salem, was the state ment of C. E. VVIlHon, asslst i,!! manager of the Commercial club. Many of the campers, he said,! have declared the local site to oe the best on the Pacific coast, and many letters, thanking the city, have been received from motor- lsts by the Commercial club. Thir ty three families have located in Salem after they had stopped at the auto camp here, he said. A letter from a former Salem man who charged certain Salem hotels with profiteering during the last state fair, was read. He ask ed that the club take some action to see that this condition be rem- ! edied next year. An excellent talk in which he urged concerted effort by club members in enlarging the club's membership, was made by Fred erick Schmidt, manager of the Phez company. "Interest your friends in the club's activities," he said. Mr. Schmidt also spoke of the city's industries, and declar ed they should be diversified. That if everybody would help, instead of jujt a few, in working for memberships, the result would be much more satisfactory and far inoi'e easily obtained, was the con tention of J. F. Hutchason. Mr. Hutchason also suggested thai a membership list be publisiieil monthly or semi-monthly. A program and banquet followed the business session. fall hail already come. Kiddie Katydid soon say that he would have to move, if Leaper's cousins lingered there much long er. And he didn't like the thought of quitting his home. "1 wouldn't mind going, if I could take Farmer Green's door-1 yard with me," he remarked to a long-horned gentleman who stop-! ped to talk with him one evening. "But of course," Kiddie added with a smile, "that's out of the ques- C. K. Warne, of Spokane, a rep resentative of the national Boy Scout's council, and one of the Icarlinir scout executives in the United States, will be in Salem j .Monday, Tuesday and Wednesday I of next week, according to an an j nouncement made this afternoon j by Frederick Schmidt, of the Phez company. Mr. Warne, who is district field executive of the scouts, will speak before the Rotary club here next Wednesday at its regular luncheon, Mr. Schmidt said. .Mr. Warne will endeavor to further the scout movement in Salem, it was stated. Queer Coincidence Marks Funeral of Dr. Talbott Today Impressive preliminary services for Dr. Henry J. Talbott, head of the Kimball .school of theology, who died recently, were held this afternoon at 2 o'clock from the First Methodist church. Dr. Rich ard N. Avison, former pastor of Salem, who is now located in Sno- kane, conducted the services. Following the funeral the re mains were taken to Portland in a hearse of Finley and Son, Port land morticians. Concluding serv ices will be held in Ihut city. A remarkable coincidence In Octr Dr. n- "n closed JtMt two when i years . -iron or i th( Tn 1 1. . . 7UUU hej of 106 anew , 01 -Mrs. u ri ' whn ., ' O0r JL'RNAI,' Hi tion. "I quite thrr ;ree with you." said In fact, I'm ready to agree to .almost anything you say. "These Short-horns are a terri ble lot!" Kiddie Katydid observed. "They are. indeed!" exclaimed the polite stranger. "I wish they'd Store Safe at Scottshury Is Cracked Today finish their visit here and leave tl is impossible," enthusiast. How Now the old songs touch tin heart! Strong men weep when they hear "Coming through the Rye," "Nol llilljr declares the about h font-note reading ; Batted for Ruth in the ninth? Perhaps yOU have noticed that some of the wicked mov ie vampires smoke a cigarette in a igjtyUicr suggesting ipe- old King Coal's merriment may be occasioned by govern ment's futile efforts to inter fere u ith his profits. Just Folks R.v Edgar A. Guest furling stm low. lllllllC. 0 from a chimney And es pr ohlna few more step's tl window I one to co at go. a lis again, l I am I lie Die; I he joys which other speakers of the convention will be Ralph .McAfee, secretary of Federation nf Church, Portland. Oregon, and officers from the slate union: Miss Faye SteinmetZ, LeRoy Robinson and Howard Zinzer. There are about twenty-five Chris tian Endeavor societies in the county which gives promise of a splendid convention. lOFRNAL WANT ADS PAT Peirograd Not Disorderly Is Claim of Wells London, Oct. 21. Conditions in Petrograd were summarized In one phrase: "Hunger and want, but order," by H. B, Wells, lirit ish author, when he arrived here from Russia. He implied that sim ilar conditions prevail throughout Russia. In a conversation with a Daily Mirror reporter Mr. Wells said he had a chat with Nikolai Lenine, the Russian bolshevik premier, and went about freely, without a guide. He said he was able to see and judge things for himself but declined to give any general con clusions because his observations are not digested. He declared he had been amused when he read of disturbances and insurrections in Russia, adding: "AH that Is just humbug.4 "I never want to see another Short-horn as long as 1 live," Kid die Katydid declared, j "Nor I!" echoed the strange gen tleman . And Kiddie Katydid couldn't help thinking what a pleasant per son the long-horned stranger was, and how gentle were his manners. "I'd like to know your name!" he cried. "It's a long time since I have met anybody so agreeable as you are." The stranger drew nearer and lowered his voice. "Don't you know me?" he asked. Kiddie Katydid stared at him for a moment. "No!" he said at length. "To be sure, you do have a familiar look,. In a way. But I must say I don't j recognize you." Then the stranger spoke in a whisper: "They used to call me 'Leaperl the Locust'!" "(Jo 'way! ' cried Kiddie Katy did. "He was nothing but a Short iiorned Grasshopper. And anyone Boseburg, or.. Oct. 21. Robbers dynamited the safe in the store of John Hedden, postmaster and pio neer merchant of Seottsburg,, early today and escaped witli between $20,000 and $30,000, Sheriff Geo. K Quine reported after several hours starch by iiis deputies that no clue had been found. Most of the money taken was in bills, though a large amount was in gold and silver. Presence of such an amount of money in the afe was accounted far by the fact that ther I HOOVER Your Hoover will gently beat the r tnousand beats a minute. As it beats cvciy panicie or destructive embed! grit it will sweep up oil the clinj inter ana prolong the lite of yourn WM. GAHLSD0RF The Store of Housewares. HOOVE no bank closer than Reeds- 1 1 1 port. Lumder Prices In Spokane Drops j Spokane, Wash., Oct. 21. Re i ductions of 10 to 15 per cent in the I retail price of lumber were an nounced by dealers of this city to- day. The decreases it was declared j range from $5 a thousand foet on J dimension lumber to $10 on finish j lumber and flooring. , A reduction ot $200 to $100 in FIRST-CLASS M can see with half an eye that your tne C03t of an averag, five room house was declared by one dealer to be the effect of the cut. The price declines are basde on like de creases in the wholesale prices, it was stated. JOURNAL W ANT ADS TAT horns are fllllv as lone- as mv own." ! "They're not real horns," said the other sadly, "That is, they're real only a part of the way." j And looking more closely, Kid I die Katydid saw that what he said i was Lrue. It was.indeed,. Leaper the Locust. ' And he was greatly changed in more wave than one. He had lost his old. quarrelsome THE Tnftnr fhr .Skin TMsenjoq air; and he had become very meek i and mild. We have witnessed uch remarkable "Don't toll mv cousins what1 results wun tnis soouuag was or oils I've done!" he begged Kiddie Ka tydid. "I don't want them to know who I am." Kiddie assured the poor fellow; J- C. Perry, druggist, that he would not betray him. He, Livestock, Farm Equipt at public mam that we offer you a bottle on the ruaraa tee that unless it does the same for you, it costs you not a cent. 83c. SOeaadf 1.00 What has tills A good w mv neighbor exoi what kiss? If his bin hlgh- found al bis sliver humble d gold a Host Is ours w hen the day Is o'er. it seems strange that match manufacturers haven't taken advantage of the Irish sit ua-, t idti to raise their prices. Ri A writer remarks that mo- 1 (Hern woman conceals her ani-iAn inositc. Thank goodnaas, that r is one thing that the modern styles don't reveal. 0 0 0 0 Some boiler factories I Strive for fortune and slave for fame, joy men struggle for, stays' the same, b man and poor man dream ' and pray x a home where laughter shall ever stay, 1 the wheels go round and men spend their might tin few glad hours they may claim at night. the kettle shall gaily are 1 tame, whor sing. Is all that matters with serf or la.VillK Off men, but the POOT aold and silver and laureled fame chaps wfill doubtless be able to A" "nl '' wl"'" ""' hearth's find work in some jazz band, i with cheerful tire, ami the loved DOM there A. 1 ,. Are unafraid of the wolves of care, pvesent - day audience Won't Sit tlirOUjrh a lOlllT OOlit- &o ll me come home at night to ical speech. It is like the chaff which the wind diiveth away. 0 0 And Jesse .lames might have lived to a ripe old age if he hat) Operated a coal mine or two. rest With those who know I have dono my best: Let the wife rejoice and my chil dren smile And I'll know by their love that I am worth while, l'or this Is conquest and world sue eess A home where abideth happines: Free! Free! From Now until November First The Portland News To all who subscribe at once Pay Nothing Now! The News will be delivered at your door for only 50 cents a month, payable at the end of each month. Independent! Fearless! Popular! It has the BEST and MOST RELIABLE NEWS SERVICE, Snappy Editorials, O. Henry Short Stories, Famous Serial Stories, Family Page, Helpful Advice by Cynthia Grey Children's Stories, Exceptional Sport Page, and a bunch of Good Hearty Laughs contributed by Will Rogers, Everett True, the Duff Familv, etc DON'T MISS THIS OPPORTUNITY! Mail your order to our resident agent F. W. JOBELMAN. at the Bligh Hotel, or better still, SIT RIGHT DOWN AND TELEPHONE 742-and BE HAPPY EVER AFTER! was sorry for Leaper the Locust. "You'll be glad when your rela tions move on, won't you?" he said. "Then you can take those bits of grass off your horns and be youiself again." Leaper's answer almost took Kid die Katydid's breath away, for it' was a most surprising statement. "I'm never going to be a Short-1 horn again!" he declared. "I shall wear my horns long to tile end of ! my days." Hekepthisword It t fth W: He kept his word. too. And so earnestly did he try to be like Kid dle Katydid in every way thai, he even attempted Kiddie's well known "Katy did" melody. But hel never rea'ly succeeded at that AoyuRs wunj an ear to.- music i could tell the Uiffcwico at onre. Luckily the grasshopper horde soon swept on to new fields, And a few warm rains, with sunshine sandwiched in between showers, soon turned the countryside green! again. It was really Pleasant Val ley once more. And on fine au-' tumn nights Kiddie Katydid's shrill music could be heard more than ever near the farmhouse. Leaper the Locust never could hear enough of it. He was always 1 ! begging KKiddie to repeat the odd' ditty about the mysterious Katy EYES NEED ATTENTION If they do -e advise you to con sult us at once. Ho not delay, for there always is a possibility that the trouble may be slight and a little care will remedy'the situation. Neglect is most harm ful. See us and be examined. Hartman Bros. Company Jewelers SALEM and Opticians OREGON Coohdge says he hasn't bought any shoes in two years. Neither have we. But we have Ixmnht thintrs that lool-.vl i;L-. A'".' "n Cou,,' Christian B- " - ui.n or 1 nion w ho, ii ,,,., ,1 Convention of Endeavor Union Scheduled Here regular shoes ronvriiMoa in the Klrst Cmu-ivs.i-Uoml church of this city on No- I lem-.er htn and 7th. It is the -Ian England's treatment of Ire- 1 " '"' oonvention committee to i..A n..D ; ",,ke Ibis convention well worth (a"" J" arnontr aticiuilm; and one that Ihristlai! Kmlesvor those who lately sought to justify Germany's treatment of Belfrium. One suspects that certain reactionrieH have lost inter t In saving Europe because Ufk bow requires moiu iemtmrnd of cannon fodder. a will put work in ttila Simmy to she front and nuke it ink a her H ought t, be In s-ate union. The theme of the convention (a I'm vard." This idea Is to t e ear. ad all the wa.v through the pro grim. Soflle vere lnatkilAtlnnl u.,.l le-lpful things are in store for th I" Kndeavorere ami vouni people of' : hi countv. The key addles. ' hig Korward to the Ideal." i- .1- liver,-.) on the open. hk , tiaht of the convention by Kev. W.I ""' i n um ot the BaMM Help Your Moulters Moult i - HBB ..96 ; war; THINK of the amount of hen energy, vitality and red blood repaired to grow a thousand feathers-the average "urnaw! A moults hen uecus good health-tfood appettte-good dSon. Dr. Hess Poultry Pan-a-ce-a helps poultry through the moult and starts pullets and noulted hens to laymg U contains tonics for the apatite, torn," ahl digestion. U tones up the dormant egg organs It rontarm, .ro that gtves a moult.ng hen rich, red b!cod a" a red comb No disease where Tan-a-ce-a is fed. Br a!i means Ked your moulting hens Dr. Hess Toultry Pan-a-celj ' '.isIBs'-'- .', ssW'Ir- Worn Out In Mind and Body i Your child IS miirir tn nh,nM.A t pnvsieai condition For sale at public auction to the highest bidder, one otl ind most beautiful ranches of the Rogue River Valley,! ing 91 5-7 acres of fruit and alfalfa land, a fine woods! house, three stories and basement, containing nine !:im sleeping porch, and large bathroom, with screened-lil about 12 feet wide around the house; Equipped with electric lights, automatic pump (on nace, and other modern conveniences; Bungalow, li rooms, shower bath and open fireiilaMij Large barn, with packing house facilities, pump I modern pump, tool house, poultry nouses, etc. Foreman's house of four rooms; Well house, with engine, pump and reservoir tank. The buildings are insured for $10,000. 31 3-7 acres in Bosc, Cornice and Anjou pears, 111 old and in full bearing. The rest of the premises, except the garden andt immediately aroutid the buildings, and about six i grain land, is all in alfalfa. The Medford Irrigation District, a State organl sunnly water to the place for irrigation purposes, Mav 30. 1922. This is an assured fact. Conservatives irrigation doubles the alfalfa crop and twenty-five per cent to the pear crop. THE SALE WILL BE HELD at 2 o'clock P. Saturday, November 13, 1M on the nlaee. Boss Lane, about 4ii MILES FROM! depot. No bids will be received for less than a dennalt of S2.SH0 must accompany i., x.txr rvnm date of sale. oaiaoce in oe iioiu in vjuv , t t ,..! tv,o nr the above described) in uiouia itrij unci w. . the auctioneer will offer the farm equipment ana i .,! mil. ,l. fnni. hnrees COW. DOUltrV, SPM QCLIC llllo ill.Muta luu. " ' - -1 . h.u ,;,i.-e wnenns. etc.. and all necessary equipment i via. i.. ei non .ii! ho received on farm eqaiM IMi uiua unuo live stock. . ' , ... ha omnlftVeil. 11ISL Class luitiiiau nertvws The following opinion of the value of the P1" ( . . honn directly interested In tne I Llie 1XTOU woo uc ui -v... rr and its productiveness: . th ... j, :t,,i nrnnprtv IS ortn t rmnK tne aoove ui:ai.iyu 91. nan nnm (Signed) S. P- tit i- T-lno Pn . Sea' i5i-i a-, i 'induce Ass Kogue Kiver vaaej jiu - unVPSON, ji. jj. in - . r.,iifnrnia Medford, Oregon. Appraisei Company, San Francisco. MedfofM ;.000. the accepted! BECKAVITH, ..Li wn.: Refer by permission to rirst nauui.a. ' ' Ps.i0()l First National bank of Ashland and h.. v. c "s" Fruit has been marketed througn i ii o' iocnninMnn. r CUM. uiuwcio nflUC;no I Medford is recognized as the best pear prou the country. Its late pears cannot be equaled. The ranch offered for sale above, and now cal ranch, is perhaps better Known as ik an4t im.-i tt-aa the oridnai orcliardist in the a . : . . . . v,i inn to own- was chosen by him tor nimbeu oi - . . , iinn and care, ai out unaer nis personal nuiin .. - - niley tu i. .jnimi,iv Qoited for a coumrj 1 U' I1LI II.-' lH .l.llll'l ,.''1., and for 1 . . . . . , ,kHn,,hnnt the the ranch is ravoraoiy Known im m niiv i- , -Knllt 1 .v t r Tanirann Creek ana . . iuiiu iico oil tne naoi omv m - ,SSB1 nnft two leu T half miles from the Medford depot are in fine co ndition- examine Foint. The roaus to euner wan - umgl'1''! in front of the house one gets a view ot an- - me rigni, .Mounts v agner aiiu rtaii"" Prospective purchasers are invited to property at any time before sale. WALDO W.WILLARD,MedW 1 1 1 1 1 m 1 1 u t m i m 1 1 n ' And when hr"Lrr.:SSa'0F ntal attitude or a tone of solemn nvi.v ; ' u:. Vf"' s .lne matter. Daddv?" stamped upon you reflects intensefvutajn mrn nL.T0; , depression there's Co.7 - W hand: the Dr. Hut Lir.e. D. A.WHITE & SONS Salem, Orepon frff as jimj htt yoa ha. U hurt a auct. n I l : msm y.wiPi pj.i wigwam itudej He at once dronn; mm .ause of his profound soli,.. : happy smile has disappeared ani I ZZft yUr side' bnt his by a countenance of worry- and a bearing S Ke-replaced i You owe it to the happiness and -.!(,- t ""g Ot nopelesjness. intellect. You are the sun ndimrkfenfUr f,amil to kP trim in bodv aaj -vet the,r head,. .he in,ur.t y.K'o,'' '""Wc&fe ' D0"t imperil their future bv net-Wr,., , " i l oeing outof Bora" or ".Vovr ,vnr neaiiii, w i i cnuier. rssnsnsSinBBBBw , t I H ' H p IXObMls in oriflnal pcfcH . VbKlucW., IMiu.,ll,Mi. l'or Saw tv all Iruircls--i Wm. Gab House the rati.hms effects of SS soinra and increase youTholdnn IS? 27 rour in aPPe,lJtr. , SStS !TS BnB' "fresh rmrao,of l:le JZS KJB. '??wtion and a a-onhv T'win.r and r,i "f 't.ririTrV Jeirahle,nof TCboT;its uae i, eapeei,;;T .1 aervous nhM)i MiTl !ir: " roo suffer f "iicot vital fareeo- A ' cf "ftal Isbrae. -! JeiaL It tones up the ...it KO aartieulariy han. ... , Jr JttU, today. N.-YhlK MED'CNE COMPANY A1W ' Perry's LADD & BUSJ BANKERS ESTABLISHED I808 General UnnUnP BUS v . w , vis- arf I CMiint, fr-nrr, If) tl. ttl. 0 J r vs f ice A I KJH I Oil JII a v -