Capital journal. (Salem, Or.) 1919-1980, June 21, 1929, Page 4, Image 4

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    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
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.YOU'LL GET A LOT FOR YOUR MONEY
VIM" ' ''BILL"
. SMITIHI & WATKINS
The Station With A Clock KVliv Tiro
$ VVJ