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About Capital journal. (Salem, Or.) 1919-1980 | View Entire Issue (June 21, 1929)
PAGE FOUR THE CAPITAL JOURNAL. SALEM. OREGON FRIDAY. JUNE 21, 1929 CapitalJournal Salem, Oregon Established March 1. 1888 An Independent Newspaper Published Every Afternoon Kxcept Sunday at ua 5. commercial street. Telephone 81. Newt 82. GEORGE PUTNAM, Editor and Publisher Entered as second-class matter at Salem, Oregon SUBSCRIPTION RATES By carrier 10 cents a week; ii cents a month; $9 a year In advance. By mall In Marlon and Polk counties, one month 60 cents; 3 months 11.23; 8 months $2.25; 1 year 84 00. Elsewhere 80 cents a month; $9 a year In advance. FULL LEASED W1KK SERVICE OF THE ASSOCIATED PRESS AND TUB UNITED PRESS The Associated Press Is exclusively entitled to the use lor public tlon of all news dispatches credited to it or not otherwise credited In this paper and also local news published herein. "Without or with offense to friends or foes 1 sketch your world exactly as it goes." BYRON Exploiting Newspapers Promoters who have been busy creating chain stores and mergers in chain form of other industries, are now turn ing their attention to newspapers. The Editor and Pub lisher states Eugene Greenhut, organizer last year of the Hahn Department Stores, Inc., which with 22 large stores as a neuclus, expanded into a nation-wide department store chain is now seeking to buy 40 or more newspapers for simi lar purposes. The plan, as announced by Mr. Greenhut, is to buy out right any or all papers of 10,000 or more circulation, which are good investments and when 20 as a neuclus have been ob tained, merge them together in a vast chain. Who is back of the project is not stated, though it is declared that the department stores have nothing to do with it. Perhaps it is another power trust scheme. Says Mr. Greenhut: We are trying to organize this chain Just as we did the department tores. We are offering publishers an opportunity to liquidate their as set at very favorable terms. It Is up to them to whether or not they turn down our proposition. It makes littte difference to us; we'll or ganize the canneries or the bloomer manufacturers, or anything that looks profitable. From the circular announcing the merger plans, it is stated that all cash will be paid, or part cash and part stock in the holding concern, that present managements must be retained for a certain period and present policies followed. An active market on the New York stock exchange is to be maintained for all securities issued. Banking arrangements have been completed for the underwriting and a nationally known newspaper man will head the organization. The plan is presumably the same as in other mergers. High prices will be paid for properties to induce sale, the securities will be sold to the public, reimbursing the under writers, with the promoters and underwriters retaining con trol of the voting stock with little or no investment. The well known economies resulting from standardization, quantity buying, low wages, etc., are counted upon to increase profits and maintain dividends on the inflated capitalization, and boOm valuations. To Mr. Greenhut, a newspaper is merely a commercial organization, like a retail store, a factory or a cannery and can be standardized like any other business. That is where he makes the mistake for a newspaper has other functions and responsibilities that place it in a class by itself. It has an individuality all its own that standardization destroys and is engaged in public service. The' expected economies of operation will not develop, for a small publisher buys his supplies as cheaply as the large one. There are a number of successful newspaper chains, but they are all operated by experienced newspapermen, not by promoters and bankers, who invariably, though successful in other operations make failures of newspapers. And all of these newspaper chains, even those financed by multi-millionaire newspapermen like Hearst and Scripps, have num erous failures in their record. . It will be an evil day for the nation when stock specula tors and financial profiteers get control of the press, for it will be run for revenue only. The inevitable reaction will be the decay and passing of the newspaper through destruction of public confidence. AIRWAY ACROSS VENEZUELA APT TO BESJARTEO Caracas, Venezuela (IP) Venezuela Is now considering the plans ' two American airways companies, who want to establish air-mail and pass enger services linking this country with the United States and the rest ox the continent. Prospects are that one of the con. cessions, If not both, will be granted before long, and by the end of the year Caracas may be enjoying three- day mau service to New York and four-day service to Buenos Aires. Several weeks ago a surrey party of the Pan American airways flow from Panama to Maracay, where the Venezuelan army flying school is lo cated. They spend several days, and their company has approached the Caracas government concerning the extension of the Pan American line from Panama here. Shortly afterwards, a representa tive of the Tri-Motors Airways Cor poration of New York, which has a concession from the Argentine gov ernment for a mail route to the United States, was here to arrange for the reception of a Trt-motor survey party. Officials say that the government wants to encourage International air communications In every way possible, and It is likely that both companies will be favorably received. The Pan American route through Central America to Panama and down the West Coast of South Am erica Is already operating as far as Moltendo, Peru. The Trl-MotoTs route Is promised to be In operation by the end of this year. It will re quire 7 days from New York to Bu enos Aires, 6,000 miles, and one trip will be made each way weekly. In termediate stops will be made In Cuba, Santo Domingo, Martlnque Trinidad, Bahla, and Rio da Ja neiro. MULTNOMAH JAIL QUARANTINE LIFTED Portland. Ore. (tP) The quaran tine on the Multnomah county Jail which has existed since Tuesday, was lifted today by Dr. Harry R. Cliff, county physician. The quarantine was placed fol lowing the death of Sam Johnson, 36, federal prisoner, from spinal meningitis and the Illness of Wil liam C. Lyle, state prisoner. Lyle, according to physicians, responded negative to a second examination and it was virtually certain that he was not suffering from the malady. Lyle was in a cell adjoining the one occupied by Johnson. During the ban, the Jail was giv en a cleaning with a strong disln- rectanu Life's Complements San Francisco (P) The retail price f gasoline Thursday advanced to 21 cents here following announce ment Wednesday that five major Pacific coast oil companies had in creased the tank wagon price to !hoiesaiers and large users to 16 a gallon. By B. A. HABBIS I am asked what I mean by the statement: As life I sustained by death, happiness Is sustained by suffering. As It seems to me. life and death are complements, not opposltes. While I shall always try to keep my mind open to new light and re vised conclusions which seem bet ter to me than the dull doctrine of desperation which chains me for ever to the petrified edict of monstrous and Impassible authority. 3 will try to express as well as I can In words my deductions up to the present. While death may mark the end of a given chain of consciousness and memory. It is not the end of life. Death, so-called, merely marks the point of readjustment of changing forma of life and In its larger and less fearsome aspect, Is a benign and wonderful attribute of life It self. All about us we may observe this process if we will. The grass falls to decay to spring up again in new form. The same process applies to tree, man and everything material. And all the falling, disintegrating and rising again la life. Death means merely that point and pro cess of readjustment which may and may not mark the suspension of consciousness and memory of the passing form. Hence my conclusion: Life is sustained by death. Happiness and suffering are also complements. Take any word you piease. to know wnat it means you must know wi s. It does not mean. The positive meaning of every word ana sensation depends upon its neg ative meaning. We could not know or appreciate happiness without understanding Its opposite. Indeed, happiness consists of appreciation or the absence of suffering. mm, ne who enjoys most will suffer most. But In a deeper under standing i am inclined to think there Is likewise a deeper serenity underlying ana tempering Doth. The stoic may say: I would not suffer, so I will not enjoy. But I wonaer ir even tne stoic can choose. I doubt It. Thus It is the struggle, the re sistance, positive and negative, life and death such in its larger and more interesting aspect is LIFE. ELECT WOMAN MAYOR Eureka, Calif, (LP) This city Thursday elected Its first woman mayor Mrs. Emily L. Jones who also has the distinction of being the city's first auto owner and first air plane owner. Make Your Date for McElroy's Greater Oregonlanj of Portland Mellow Moon next Wed. June 26 More Religion in Politics ' Bishop James Cannon, Jr., of Virginia, who put the Methodist Church, South, into politics to defeat Al Smith, on the grounds of his anti-prohibition stand and his religion and was largely instrumental in breaking the solid south, evidently proposes to remain as dictator of Virginia politics, for he summoned a convention of Anti-Smith Democrats to join the Republicans and defeat the state Democratic ticket Al Smith is of course not a candidate now. The three Democratic candidates for governor in Virginia are all avowed prohibitionists as well as Protestants, but the Bishop seeks their defeat to punish them because they retained their party loyalty and supported the ticket last November. So it is not prohibition that inspires Bishop Cannon, but de sire for political power and reprisal against political op ponents. In other words "the Bishop believes in mingling of church and state with the church dictating politics the same am bition he charges the Catholics with, though there is no record of such interference by the latter in American politics. So he abuses his ecclesiastical power for purely political pur poses an inevitable result of mixing religion and politics. In the long run it discredits religion. No wonder Bshop Cannon is dubbed the "Pope of Virginia." The Era of Trusts Creation of a new $500,000,000 food trust is announced by J. P. Morgan & Co., through the merging of the Fleisch , man Yeast Co., the Koyal Baking Powder Company and E. ! V. Gillett Co., of Canada. This is the third great merger an nounced by the bankers this week. The General Foods Co., oranized recently to cover the : Postum company's diversified litre of food products which in itself is a merger of various large cereal and coffee concerns, is expected to join the new combine as well as other recently completed consolidations. The Fleischman Company has a world wide marketing organization, delivering through 900 selling agencies, directly ' r. lAn nnn i:..(..;i. 11 ......... 4....1. cars, grain elevators and other accessories. Koyal Baking f brings into the combine Chase and Sanborn, coffee and tea manufacturers and distributors. Gillette is the largest bak ing poweder manufacturer in Canada. Of course the several grades of stock of the new trust are already listed on the market, and the public will undoubtedly furnish the money. The rapidity and multiplicity of these mergers in every line, makes one head swim. If they continue, one of these . days there will be either be a grand crash of inflated securi ties or a half dozen men will own the industries and resources of the country and the nation drift into state socialism as an alternative to private monopoly. GO EAST VIA UNION PACIFIC CDOCPGjQ VWI VlliMMSMKW c7Jak& tli& I'OILTIiANU LIMITED omr Tiiim train to cagscAGO Leaves Portland daily 6:10 P. Ms Arrives Chicago 9:2$ A. M. OPENrTOP CAR THRU COLUMBIA GORGE' Your fast, direct, most scenic route to the East. This new schedule Is planned for your utmost convenience, Mr. Business Man 1 De luxe erjuip mcnt and de luxe service thru to Chicngo, Modern sleepers, observation car, mens dub, ' . , Indies' lounge, buffet, barber shop, bath. Valet, ladies' maid. Unrivaled dining car service. Low round trip fares Eal effective unlil Sept. 30. Itelurn limit Oct. 31. 1.ilieral stopover privileges. GENERAL PASSENGER DEPT. 837 Plttock Block. Portland. Ore. PACIFIC THE OVERLAND ROUTE Raiders Sponge on Hospitality Boston (LP When police raided a Roxlmry establish ment they hunted In rain for liquor. A pipe running along the floor aroused their curl osltjr. however, and they trac ed It to the basement, where it entered a large cement block. The mystified raiden re turned to the other end of the pipe, tied a sponge to the end of a cord, and forced the sponge down the pipe. Scores of times they sent the sponge to the other end of the big tube. In court they presented M quarts of moonshine as evidence. SALEM SALESMAN IS MARRIED AT DALLAS Dallas John 8. Halden, a sales man of Salem, obtained a marriage license Thursday night after clos ing hou- for the clerk's office. The issuance was arranged by telephone as the Marlon county clerk refused to stay open after 5. o'clock. The license was Issued to Halden and Beulah Beatrice Brown of the same address. Miss Brown gave her oc cupation as a doctor's assistant. The couple were married at the Methodist parsonage. John S. Fish er of Stayton, acted as witness In procuring the license. WESTACOTT WILL FILED FOR PROBATE Thi residence property of the late Lenta Westacott. Just bordering on the business district on Court street and directly across from the court house. Is left to her nieces, Marga ret and Richard 8 tola, children of Walter T. StoU, who Is also named executor, according to a will Just filed In probate. She left Drocertv valued at $37,500 according to the petition In probata, of which 130, 000 is In real property and $7500 in personal property. To Lenta and Josephine Baura gartner she left $1000 In cash aDlece and a sum of $5000 she left In trust to Anna and Lute Westacott to be invested and they to receive the In terest from It as long they live. At uie a earn or ootn it is to be divided among Margaret and Richard Stolz and Lenta and Josephine Baumgart ner. To Ada Strong she left an undi vided one-half interest In a house and lot In Portland which they owned Jointly. In case of the de visees death or sale of the property the decendent's Interest In to go to Ama Thlelsen. Mrs. Westacott willed all her In terest In a house and lot at 1155 Marlon street this city, to Mollie Pearmlne. She also left a trust fund of $100 Interest from which Is to be used In maintaining her lot in Odd Fellows cemetery. All the residue or the estate Is left to her father and mother, Mr. and Mrs. Gideon Stolz of Salem. GUESTS ARE EXPECTED Hazel Green Miss Wllma Davis of Coqullle, Oregon, who has been the house guest of her parents. Mr. and Mrs. W. O. Davis, has returned to Coquille where she will be em ployed in the department store owned by her brother-in-law, Rich ard Slater. Mrs. Richard Slater, (Edna Davis) will arrive this week with her daughter Shirley Jean and remain for an indefinite period as the guest of her parents. Lille, France, flP) Police, discov ering a stock of tobacco which smugglers were trying to carry a- ross the Belgian frontier Into Franca in a locomotive cab, arrested the crew and seized the locomotive. The locomotive was detached from the trln, run Into a siding and impounded under seal. Round Trip FARES All Summer Choice of many routes Liberal stopovers Bound Trips On sals dally Hay 22 to Sept $0 laelaahre. Batata limit Oct U ST. PAUL $77.65 ST. LOUIS 87.65 CHICAGO 92.35 WASHINGTON $147.91 NEW YORK $153.75 s Similar Farsa to ether points -"Go East Via the Famous Columbia River Scenic Route on Either the Empire Builder or the North Coast Limited" Full Details of J. W. RITCHIE, Ticket Agent L. F. KNOWLTON, General Agent u7his makes your dinner perfect" "Tliank you. Coffee does help, I think." "But such good coffee. You must have a secret." "Nothing but M-J-B." o Selected grades of green coffees from favored districts in far countries are com bined in making the famous M'J'B Blend Its full-bodied richness and rare flavor is developed and brought out by the M'J'B process of blending and aging before roasting. Many people find that with M'J'B, the full-navored blend, they use slighdy less coffee. Whether you make it strong, mild or medium M'J'B has the matchless coffee flavor that only the rich blend can give. M'J-B is vacuum-sealed in the new im proved friction top key-cans by M'J'B'a own patented process. Ask for M'J'B coffee at your grocery. Look for the let ters on each can. COFFEE Watch Your Car Washed The Smith & Watkins Way urn i-o- ' ""' i.jffiTR,-n j 3 N I G II T or D A Y .YOU'LL GET A LOT FOR YOUR MONEY VIM" ' ''BILL" . SMITIHI & WATKINS The Station With A Clock KVliv Tiro $ VVJ