Capital journal. (Salem, Or.) 1919-1980, May 21, 1929, Image 12

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    PAOE TWELVE
THE CAPITAL JOURNAL. SALEM. ORE(5()N
TUESDAY, MAY 21, 1929
GRAVE CHARGE
AWAITS YOUKG
WALTER FiNKE
Portland, Ore. OB Police pre
pared Tuesday to tile charges of
first degree murder against Walter
J. Finite. It year old high school
boy, who murdered Herbert Beem,
18, his rival, In a corridor of the
Jefferson high school here Monday
afternoon.
Pinke, who shot himself through
the chest, puncturing one lung, was
given a good chance for recovery
by ospltal attendants Tuesday.
Overcome by Jealousy because
Mildred Knott, II, "threw him
over" for Merbert Beem, young
Pinke went to the school shortly
after noon and asked to have the
girl summoned to the office of the
principal, saying he was her cousin.
Be handed her an bundle of letters
when she appeared but when the
girl admitted he was not a cousin,
a woman teacher refused to allow
them to converse further.
The youth stayed around the
school, however, and at the end of
the next period, he espied Mildred
and Herbert conversing in the cor
ridor. Without a word he drew an
automatic revolver and pumped
three bullets Into Beem's body, then
one through his chest.
Hundreds of students heard and
saw the shooting and for a time
pandemonium reigned. Teacers
ordered them all In the auditorium
however, and police arrived to take
ine situation in nana.
Beem died Instantly and Pinke
was so dangerously wounded that
police surgeons would not allow
him to be questioned.
Miss Knott and other students
told of the quarrel and Mildred said
that Walter had threatened to kill
Beem and her also "but I didn't
dream he would really do It," she
said.
Police believe only the presence
of the teacher and an assistant
principal stopped the boy from
slaying the girl also.
TEACHERS PICNIC
AT HAGERS, JUNE 4
The first teachers' picnic to be
sponsored by the 8alem Teachers'
association will be held at Hager's
grove alter school on the afternoon
of Tuesday, June 4, announces Miss
Dorothy Taylor, president of the
association.
Mrs. Grace Wolgamott has been
appointed In general charge. Games
of all kinds, baseball, soccer, and
volley ball are being planned. Mrs.
L. L. Jensen, head of the domestic
science department at Salem high
school will be In charge of the sup
per. Plans for transportation will be
announced later.
Salem public school system in
cludes 1S2 teachers and the picnio
Is the first all-teacher affair to be
given.
A BASKET OF BISHOPS
bishops are to oe raised In baskets
to Mount Athos for a conclave next
year. They will come from every
unit of the eastern orthodox church.
The monastery on Mount Athos,
for centuries a citadel of theology,
can be reached only by baskets
drawn up by block and tackle.
WORK BEGINS
ON 4 MARKET
ROAD PROJECTS
Work on four market road pro
jects is underway in Marlon county
and two more market road Jobs will
be opened within a few days, ac
cording to Prank O. Johnson, as
sistant county roadmaster.
The power shovel started work
Monday morning on the Killen
bridge road;. W. W. Westlnghouse
was superintending a new crew
starting on the Shaw-Aumsvilte
road; and work was being continued
on the 8a!em-Independence road
and on the Brooks-Mt. Angel road.
Three miles of the Shaw-Aums-ville
road are slated for Improve
ment to market road specifications
this season and the Westlnghouse
crew will be increased to speed up
the work. The power shovel will be
sent to the Million Dollar highway,
the Brooks-Mt. Angel road Tuesday
and will be read for work Wednes
day morning, according to John
son. One of the biggest Jobs to be
tackled by county crews- this sea
son, building a new grade on the
Ankeny hill between Bosedale and
Buena Vista, will be started later
this week. An entirely new grade
will be built and the new road will
be approximately one half mile lon
ger than the present steep incline.
One of the eight bridges across
Butte creek and Pudding river
which Marion county owns Jointly
with Clackamas county, will be
roofed this week, Peter Schmidt will
build a new roof on the Ross bridge,
the only bridge between Monitor
and Jack's bridge over Butte creek.
The other seven bridges In which
Marlon shares ownership with Clac
kamas are the east of Hubbard
bridge, the Killen bridge, the Bar
low bridge, the Morris, the Mintor,
the Scotts Mills, and Jack's bridges.
COUGAR ATTACK
COW AND MAN
Marshfleld, Ore. VP) The Inter
ference of a stray dog and the
power behind severbl well-placed
kicks In the face of a six-foot
cougar, Sunday, saved W. J. Ochel
tree, Mlddlefork rancher, a severs
mauling by a young cougar.
The cougar leaped from the bush
onto the back of a cow that was
being led down the open Coos Bay
highway by Elmer Ocheltree, 13
years old. The boy screamed and
his father, working In a field near
by, ran to his rescue.
Temporarily frightened by the
boy's screams, the cougar ran back
Into the bush. When the elder
Ocheltree arrived, the cougar snar
led and attacked him.
"I backed off and kicked him in
the face a half dozen times before
a stray dog ran between , me and
the animal," Ocheltree said. The
cougar attacked the dog but It soon
escaped. The my hound came up
and treed the cougar. We shot and
killed It a few minutes later."
Injury to one leg was thought
by Ocheltree to have prevented
the animal from hunting and to
have brought on the hunger which
resulted In the daring attack on
the open highway.
MALICE or IGNORANCE?
In an article published in one of Portland's newspapers under
the signature of Kenneth G. Harlan an attempt is made to show
that PORTLAND ELECTRIC POWER COMPANY has is
sued and outstanding millions of dollars of securities represent
ing no value. The article states:
"The annual report of the Portland Electric Power company
shows that it had stocks and bonds outstanding on December
31, 1927, in the amount of $112,064,000.79, with a total
property valuation of only $80,179,058."
The clear inference to be drawn from the quoted statement was
that on December 31, 1927, this. company had outstanding ob
ligations of $112,064,000.79, or approximately $32,000,000 more
than the property valuation. ' '
The annual report of this company for the year 1927, filed with
the Public Service Commission and to which Mr. Harlan refers,
did not state that on December 31, 1927, there were outstanding
stocks and bonds in the amount of $112,064,000.79.
The said report listed:
"Total stocks or ownership liability $34,688,196.
"Long-term debt $77,375,804.79."
The same report, on the same page, listed the following securi
ties owned by the company;
Sinking funds $ 8,444,449.11
Reacquired securities 343,300.00
Treasury securities 23,910,000.00
$32,697,749.11
The item of $8,444,449.11 represented the par value of bonds
purchased by the company in the market under the Sinking
Fund provisions of its mortgages and no longer constituted a
liability.
The item of Reacquired Securities, $343,300, represented stock
of the company reacquired and owned by the company.
The item of $23,910,000 of Treasury Securities represented the par value
of unsold bonds of the company on which not one 'cent of interest had
ever been accrued or paid.
The three items, aggregating $32,697,749.11, constituted 'and
were a part of the $112,064,000.7 9 referred to by Mr. Harlan.
The par value of capital stock and bonds of this company
actually outstanding on December 31, 1927, therefore,
amounted to $79,366,251.68 instead of $112,064,000.79, as
stated by Mr. Harlan.
At the time of writing the article referred to, and for a long: time prior
thereto, Mr. Harlan had possession of the reports detailing the facts,
as above stated. He was either incompetent to read and understand the
reports, or willfully misrepresented the facts.
In the same article Mr. Harlan quoted an unidentified auditor
as authority for a statement made in 1924 as follows:
"He said the company had more than $90,000,000 of borrowed
capital on which it was carrying on its business at that time."
rAt no time since the organization of this company has its liabil
ity for borrowed capital ever exceeded $46,000,000.
There is a universally accepted maxim that a witness found to
be false in one part of his testimony is to be distrusted in all.
FRANKLIN T. GRIFFITH,
President Portland Electric Power Co.
ACTIVITY WORK
USED IN SCHOOLS
OF CALIFORNIA
Outstanding activity work, the
same type of work which has been
done tn Washington school here, Is
being done in the California schools
which they visited, says Miss Char
lotte Crowley, elementary super
visor in Salem schools, who return
ed Sunday afternoon from a ten
day survey trip to San Francisco,
Oakland. Berkeley, and Stockton
schools. Making the trip with Miss
Crowley were Mrs. Minnie Duncan,
principal at Washington school, and
Mrs. Clara T. Pomeroy, supervisor
of writing and spelling in the local
scnoois.
The Salem teachers spent one day
at Ashland normal school, one day
in the John Mulr grade school and
one day in the Raphael Weill school
In San Francisco. They spent a day
in the Thousand Oaks school at
Berkeley and at the McChesney
school In Oakland. They visited the
Stanford University campus, and
San Jose Normal school and spent
a day in the Stockton public schools
and a day at Chlco Normal where
they visited Miss Anne Simpson,
former supervisor of health educa
tion in Marion county who Is now
supervisor of health education for
all the normal schools In Califor
nia. Under the dlrectio nof Julia Leh-
eld Hahn, the Son Francisco grade
schools are doing activity work of
the highest type, says Miss Crowley.
At Berkeley where Principal Har-
well is tn charge, the pupils were
doing outstanding work In a nature
study project. The Salem teachers
were interested also In the work at
the Raphael Weill school where all
types of foreign children are en
rolled. The elementary supervisor at
Stockton, Miss Myrtle Carries, was
formerly a lecturer at Monmouin
Normal.
TALKIE HAS WIDE
RANGE OF SCENES
"The Carnation Kid," which stars
Douglas MacLean in his latest pro
duction featuring talking sequen
ces Is claimed to have the widest
range of sets and locations seen to
date In a talking picture. The pic
ture opens Tuesday at tne ignore
theater.
To illustrate how the talking pic
tures have gotten out of the stage
of simple talking scenes all of which
take place in a few rooms, the new
production has settings in a draw
ing room of a fast moving Pullman
railroad car, the officer of a po
litical boss, the home of a district
attorney, the audience and the
stage of a theater; two different
Bladder Weakness
It Bladder Weakness, Getting Dp
Nights, Backache, Burning or Itch
ing Sensation, leg or groin pains
make you feel old, tired, pepless,
and worn out, why not make the
Cystex 48 Hour Test? Don't give up.
Get Cystex today at any drug store.
Put it to a 48 hour test. Money back
if you don't soon feel like new, full
of pep, sleep well, with pains alle
viated. Try Cystex today. Only 60c.
capital drug store. aav.
apartments In a hotel, a Jail and
police chief's office, a night club
witn its main ana adjoining rooms,
railroad stations, the lawn of a su
burban home and various city
streets where more action takes
place.
MRS. SMITH ILL
Stayton Miss Susie Kearns has
received word that her sister Mrs.
Sis Bailey Smith Is very 1U. This Is
the third attack of flu Mrs. Smith
has suffered this winter. She has
been taken to Alturas City to the
home of her son Lloyd.
Majestic Radios
Don't buy until you hear them
Ask for Demonstration
VIBBERT & TODD
HI 8. Hltb St. Phone illl
Old Folks Say Doctor
Caldwell was Right
The basis of treating slcitness has
not changed since Dr. Caldwell left
Medical College in 1875, nor since he
placed on the market the laxative
f rescrlptlon he had used in his prac
Ice, known to druggists and the
gubllc since 1692, as Dr. Caldwell's
yrup Pepsin.
Then, the treatment of constipa
tion, blillousness, headaches, mental
depression, indigestion, sour stom
ach and other indispositions that
result from constipation was entire
ly by means of simple vegetable lax
atives, herbs and roots. These are
still the basis of Dr. Caldwell's Syr
up Pepsin, which Is a combination
of senna and other mild laxative
herbs, with pepsin.
The simpler the remedy for con
stipation, the safer for the child and
for you, and the better for the gen
eral health of all. And as you can
get results in a mild and safe way
By using Dr. Caldwell's Sprup Pep
sin, why take chances with strong
drugs?
A bottle of Dr. Caldwell's Syrup
Pepsin will last a family several
months, and all can use It. It Is good
for the baby because pleasant to the
taste, gentle In action, and free from
narcotics. In proper dose, given in
the directions, it is equally effective
at all ages. Elderly people will find
it especially ideal. All drug stores
have the geenrous bottles.
Do give it a trial, to prove how
much Dr. Caldwell's 8ynip Pepsin
can mean to you and yours. adv
s
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world's largest builder of Eights
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TODAY'S Commander Eight has swept to a pop
ularity eclipsing even that of its predecessor, the
ear whifli sped aj,ooo miles in 22,9(18 minutes.
Studebaker, Builder of Champions, holder of every
official speed and endurance record for fully equipped
ttoclc cars, now sells more 8-cylinder cars than any
other manufacturer on earth,
The first Studebaker straight eight was introduced
at last year's motor shows. Its champion perform
ance started the nation's swing to Studebaker. Smart,
youthful style added still greater impetus. But
Studebaker's One-Profit value is the real reason for
Studebaker supremacy.
The Commander Eight blends flashing style and
supple power with comfort unknown until Stude
baker introduced ball bearing spring suspension.
I
Hydraulic shock absorbers further enhance its travel
ease. Double-drop frame is lower, costlier, but stead
ier and safer. Easier, more powerful brakes; steel
core steering wheel; non-shattering windshield
Commander quality makes its One-Profit price quite
as remarkable as its performance.
And Commander performance is something you
can never forget, once you enjoy it far an hour.
May we place a Commander at your disposal?
STUDEBAKER MODELS AND PRICES
The President Eight Jji 785 to $2575
The Commander Six or Eight t 1350 to 1675
The Dictator r 1265 to
The Erskine Six 1 t 860 to
PRICES AT THI FACTORY
39i
1045
"' Ctmrntmt" SmmU Bnmlmlt:lS It lt:4S Bulm Dmylltkl Tim; SuHn WEAPtmJ NBCMM-h-aatl aiftnri.
MARION GARAGE CO.
WALLACE H. BONESTEELE
Phone 362
Salem