Capital journal. (Salem, Or.) 1919-1980, October 25, 1934, Image 4

Capital journal., October 25, 1934, Page 4, Image 4

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Newspaper Page TextTHE CAPITAL JOURNAL. SALEM. OREGON THURSDAY, OCTOBER 25, 1934 CapitalJournal Salem, Oregon Established March 1. IBM An Independent Newspaper Published Every Afternoon except Sundaj t 136 a Commercial Street. Telephone 4661. New 486X GEORQE HUTNAM, Editor and Publisher FULL LEASCU WIRE SERVICE OF THE ASSOCIATED PRESS ANU THE UNITED PREgg SUBSCRIPTION RATES By currier 10 cents a week; 45 cents a month; is a year In advance. By mail In Mirlon. polk. Lion and yamblll counties, ona month 50 centa; 3 months 1J5; t months 2i5; 1 year $4.00. Elsewhere 60 cents a month; 8 months $3 76: 16.00 a yeai In advance. The Associated Press Is exclusively entitled to the use (or publication ot all news dispatches credited to It or not otherwise credited In this paper and also local uews published herein. "With or without offense to friend or foe$ I sketch your world exactly as it goes." " ' Byron "Liberia Rediscovered" 'Liberia Rediscovered" is the title of a book just off the press by James C. Young. The rediscovery was by Harvey Firestone, and while the book may be to a certain extent ad vertising, it conveys pertinent facts both as to the rubber industry, the history of Liberia, and social conditions exist ing, as it gives the reports of the League of Nations' com missions and recommendations. Firestone was induced to make a costly effort to do velop a rubber supply available to America in case of war, and to free industry from the foreign monopoly, and chose Liberia for the experiment because the country was founded by freed American slaves a century ago under the auspices of the United States which has always exercised a protec- . torate and preserved its independence. The story of the conquest of the tropical jungle, the set ting out of great plantations, the building of modern cities, power plants, factories, and highways is graphically por trayed, and the project has been successfully prosecuted with customary American efficiency. Firestone has built over 100 miles of good roads, placed 55,000 acres of jungle land under cultivation and 10,000,000 rubber trees will soon reach maturity. He has provided modern hospitals and a program or sclentmc sanitation, besides furnishing needed employ ment, To secure the rubber plantation concession, Firestone aided in refinancing the chronically bankrupt and misgov erned republic. But the money was squandered, graft is uni versal and slavery commercialized by the government, com prised of descendants of the repatriated slaves some 10,000 out of a population of 1,500,000. Reports of slavery led to a protest by the United States and a League of Nations commission confirmed its existence. Liberia was warned to set her house in order, but for five years has refused. The plan of assistance presented by the League was rejected and the offer has been withdrawn. The British have asked Washington for a statement of American intentions with regard to correction of Liberian government disorders. Liberia seems to be another proof of the incapacity of the African negro to govern. Only under foreign protector ates does just government exist in Africa. Elsewhere the law of the jungle survives, tribal warfare, oppression and slavery prevail. Time to Loosen-up Those who claim that the New Deal has accomplished nothing in the way of restoration of prosperity are contra dicted by the report of Chairman Jesse Jones of the recon struction finance corporation and his speech to the American Bankers' association in which he urged banking cooperation by increaseing the flow of bank funds to business channels. Jones pointed out that public confidence in banks had been restored, there is no longer danger of deposit withdraw als and promised a reform of bank examinations on a basis of soundness and solvency rather than too much liquidity and emphasized that a continuity of forced liquidation on old obligations forces the government further into the lending business. ; President Roosevelt supplemented the appeal to bankers to supply the credit need of the country, so as to permit cur tailing government loaning activities for the government "must continue to function until the private banks arc ready to take over their functions." Jones' report on the RFC shows that since it was au thorized in February 1932, the sum of eight billions in loans have been authorized. From this must be deducted $705, 000,000 loans cancelled by applicants as business improved. Banks were loaned $1,681,000,000 but have paid back over a billion, leaving a balance of less than 000,000,000. Regional credit corporations have repaid 97 percent of tneir loans; agriculture credit corporations 84 percent; building and loan associations 75 percent; livestock credit corporations 89 percent; insurance companies 65 percent; , federal land banks 70 percent; federal intermediate banks , 100 percent. Only the hard pressed railroads and the hard hit mort gage loan concerns have been slow pay, the railroads have repaid $70,000,000 out of $404,000,000 borrowed, and the loan concerns 42 percent of their debt. In brief tho RFC since June lias taken In $116,000,000 more than it paid out and is more than paying its way. All of which testifies to returnng prosperity. It would seem time for the banks to loosen up and resume their functions. And there is every indication the bankers think so them selves lor they Have pledged cooperation with the president. Dunne's Discovery ... jj..... , vKut viv-tfuu ue cvuiinmny given a share of the net proceeds from the snlo of Bonneville . ct : j t i . . . ... iimver, miur me iuuerai government lias been repaid its in vestment, hailed by the Oregonian as a great discovery, is not only not original with Dunne, but no discovery at all for it is already tho settled policy of the federal government, as Bhown by Boulder dam and other projects. Moreover Bonneville is a federal project and its disposi tion as well as its power rests in the federal government, with the president and congress and not with the state, which has nothing to do with it, except to aid in furnishing consumers. It is not a state issue. The government can be depended upon to sell and dis tribute its power, build its distribution lines and fix its sale price as in the Tennessee valley project. It would be the height of folly for the state of Oregon to expend $65,000,000 in building power lines from Bonneville, as proposed under the Grange bill, when Uncle Sam will build them from federal revenues, instead of Oregon taxpayers money. Of all the devious issues trumped up for Joe Dunne, this Bonneville plan ballyhoo is tho most bogus merely campaign ciaptrap. News Behind The News By Paul Halloa Washington, Oct. 26 There has been some whispering and plan ning about clearing up the white House standing of that democrat ic stepchild, Up ton Sinclair, be fore California go to the polls. The whispering la among those who are high enough in the administration to plan its business. They believe hi V PA MALLON was created bv President velfs first meeting with the epic Callfornian. They wiU even tell you i icuiu mr, itooseveit him- ia restless aoout It. rru 1 j . . 4..1C UICaiUeillA ninn Din, ,n nan Sinclair briefly at Hyde Park in mo presence 01 two or three other persons. However, he was so charm ed by the fluent Sinclair that the conference lasted an hour and a quarter, and later word came out w meeting was "wonderful." The natural deduction was that Mr. nooseveit wanted Mr. Sinclair elected. That Impression was oviciisiuenea. Dy me wav Messrs. r-aney, Hopkins, et al, took the newcomer into tne fold. Possibilities Tfc noiilrt k .w,,! lngly difficult for the WMte House now to change that Idea, because Mr. Roosevelt must maintain the Historic pose or taking no hand In local election contests. But don't be surprised If some ueucaie means is round of correct wg tne mls-lmnressinn. rv, i. stance, if Mr. Roosevelt should be asked whether he Intended to take part In the California situation, he could answer no. Then, If asked whether he would vote for Gov. Lehman, he could answer yes. That iiiiBllI, UU W1B JOO. Or It might be enough for Sen ator McAdoo or npnraa niwl fn say he is going fishing on election uuy in uaiuomia. (Mr. Creel has been acting suspiciously as if he uiwnueu to come out against Mr. Sinclair onenlv.) At any rate, keen vmir pvm nnm "ji aunicuiiug aiong cnis une. Conn-ess Incidentally, tho lfc of the democratic command are not very mucn impressed with the cali bre of men they expect to get out of the coming election. Thin rinn nut reier to tne large proportion of ut--iiiucruuc congressional candi dates, but to a few wild and woollv unco who me neii-raisers or no par ticular experience or standing. A head man of democracy re cently returned from looking them wcr uu, in me country and confid ed to a friend: i "There aren't many statesmen in the lot and they are going to be iuiiuer to nonaie man a nnpir nt wua men." killed King Alexander. Each Is try ing to oiame tne otner. . Isvestla recently carried a lead article saying the Nazis hod a hand in It. Berlin was Infuriated, and Goering, premier of Russia, hinted mere was reason to tmnk the So viets may have been Implicated, Now the Moscow press has gone on the rampage. Says Pravda, "The German fascists specialize in state ments that astonish the world. Their flights of fancy surpass those or tne celebrated Baron Mun chausen." Sllverton B. 8. Porter Is reported count of a three-weeks' nines. He as much improved but still not able is at the SUverton Hills Porter home. to be at his Sllverton storg on qc- . Help Kidneys Qhest Colds BU.S?r? Mm. without "dosing- CyTex iXWJZZX l.lllMlrLli :.:ilimi Vermont The democrat At n H. Q. heard onlv a few rinva n Mint uiey naa an excellent chance to accomplish the impossible by de feating republican Senator Austin in Vermont, where even tho rocks nave always Deen considered mmiK llcans. As a result, there has been some cagey strategy developed and some money raised. The money is belli? used tn w. culate through Vermont an eleven, page booklet, entitled: "What Aus tin has done for Vermont." The ten succeeding pages, of course, are Vncant. Not a Sinirle wnrri nrinrns mem. It is not a now campaign trick. Some New Dealer was reading his tory and found It had first been done in Andrew Jackson's time, or tiiL'ieuuuuui. Errata Investlaatlcn shows that fresldent Harrlman of the cham ber ot commerce was right the oth er day when he said he saw not a single news-man after his confer ence with Mr. Roosevelt. That may iicip to ciear up some or the mis understanding with the White House. Another recent error was the prophecy that MacFadden'a new political magazine would be out around the first ot the year. It came out the very day the prophecy was published, which shows faster action than most columnar predic tions. Errors usually run In threes, but the third one has not yet developed. Aftermath The Russians and Germans are having a little private verbal war of their own over who President Roosevelt's hew net sta tistician these days Is Dr. Willard Thorpe, recently installed In NRA research and planning division. He is the brain truster refused con firmation by the senate as head of the bureau of foreign and domestic commerce. Even fur trappers of the north have their NRA code, though it's likely many of them never neara or it. Continuation of Even Budget Prom Page One ington newspaperman, In which he assailed the policies of the Roose velt administration. Lawrence told the bankers the "forces of the left" are trying to consolidate political and economic power and set up a "political des potism" in Washington, Declaring his criticism was dlrec ted "far beyond any man or any group of men who happen to De in office today," the editor of the United States News summoned his hearers to a "struggle." "It is a fight against a trend a tendency, a rising tide that we must turn back with all our might and with all our energies, with all our resources and If necessary with our lives." he said. The movement to break down the "checks and balances" between the economic and political systems, he said, is "the beginning of an ef fort at political dictatorship which will destroy our major political par ties altogether and substitute a dic tatorship of a class ruled by a skill ful group of self-seeking men, the new reactionaries. In a speech In which he chal lenged the banking fraternity last night to speed the flow of credit, the president Included this para graph "With respect to international relationships, I have been glad to note the growing appreciation In other nations of the desirability of arriving, as quickly as possible, at a point of steadiness of prices and values. This objective of a great er steadiness we have constantly kept before us as our national policy." Special significance was attached to this because sources close to the administration expressed the be lief it was one of three salient points in the speech. They did not elaborate on it, however. The remarks on price stabiliza tion are not a pledge for currency stabilization which many bankers desire. Many of the 4,000 dele gates who crowded Constitution hall to listen regarded the speech leaving the door open to whatever monetary strategy may be deemed feasible to attain the desired price level and then keep It stable. It was recalled that the presi dent has expressed a wish for a dollar that would remain steady In purchasing power over a long period -in other words, a managed dollar, Another point stressed in admin istration quarters today was the president's remark that bankers are not equal to nor independent of the government. He said "the old fallacious notion of the bankers on the one side and the government on the other as more or less equal and independent units has passed away," "Government," he said, "by the necessity of things must be the leader, must be the Judge of the conflicting interests of all roups in me community, including Bunk ers. The government Is the out ward expression of the common life of all citizens." The other point stressed as sa lient was his challenge to the banks to "resume then responsibility" and expand the flow of credit. 'Just as it Is to be expected," he sold, "that the banks will resume their responsibility and take up the burden that the government has assumed through Its credit agen cies, so I assume and expect that private business generally will be financed by the great credit re sources which the present liquidity of banks makes possible." Tonight I ask the bankers of the country to renew their confidence in the people of this country," he said. "I hope you will take me at my word." 100 PK100IF PINT . H I I A Tribute To Will Steel From the Medford Mail Tribune Under the wide and starry sky . Dig me a grave and let me lie; Glad did I live and gladly die. And I laid me down with a will. This be the verse ye grave for me: "Here he lies where he longs to be; Home is the saUor. home from the sea. And the hunter home from the hili." Robert Louis Stevenson. We can think of no more fitting epitaph than the above for will steel, long tune resident and "fath er of Crater Lake," who early Sun day morning after a lingering ill ness leu into tnat final sleep from which mere is uo earimy awaR-ening." A few weeks before his death Mr. Steel, sitting in his chair in the lobby of the Hotel Medford, where for months he hod been a familiar figure said to the present writer: "I am getting gradually weaker. I Know tne end is not far off. No I do not suffer. And f from fearing death, I honestly welcome it. I am through. I have done my work. This may sound strange to you, but the things I nave wanted most ta do I have done. I believe few men have oeen as fortunate and I am orate. ful. And now I am tired very tired i want, a rest, ana only tne com plete and final rest will do." Few men INDEED have been as fortunate, in life, even fewer as fortunate when the Inevitable end oi tne trail drew near. Glad did HE live and gladly die, ana i laia me down with a Willi" "This may sound strange to vou.' said Wul. It didn't, for while never an intimate of Mt. Steel's we had known him for many years, and no doubt understood his nature and what life meant to him, better than ne realized. But as life is too freauentlv val- ued, such an appraisal of his own uie might to many be mystlfving. In worldly goods certainly, Will oteei tuea "poor-; iar irom a suc cess In the money making line. While well known throughout the state, and also known nationally as Liie miner oi crater L,aKe, ne nau never achieved, what could be termed real fame. Yet as he said, the things he had wanted most to do he had done wnat no regarded as the real val ues In life he had attained. This was because he understood what tne REAL values of life are. Few men had more friends or better ones; few men were more truly moved or more hiehlv re- spected; few men had ever enjoyed so many years, a nannier or mare satisfying family life; and few men naa in early lite dreamed K dream, ana uvea to see that dream re alized. That dream, of course was Cra ter Lake discovered by others in a uterai ana physical sense: but in a spiritual and esthetic sense, never discovered until it was found, near ly half a century ago, by Will O. Steel. To have this great natural wonder set aside not only for his but for future generations to en- Joy; to have it included In a great national park service; to have it developed, improved and properly cared for, became both his passion and his life vocation. And the real secret of his contentment with life, we believe, rested in this fact, that his heart had been In his work, that the things he most cared for, were the things he had worked for, and finally to achieve his goal therefore, gave him the most supreme satis faction, that mere man perhaps can ever enjoy. the rcallzntinn that the work he had set out to do, had been done, and done WELL. To leave any estimate of will Steel, there, as merely a lover of man ana of nature, a dreamer of dreams lucky enough to see his dreams come true, would give a very Imperfect picture, of the man. 'mere was precious little luck In Mr. Steel's achievement, as the father of Crater Lake. Idealistic. poetic even Impractical perhaps from a worldly standpoint; under- neath that surface of gentleness and tolerance and consideration, there wail the tough fibre of the early pioneer, and the gallantry and fighting spirit o( an oia woria cru sader. For years he carried on the bat tle for Crater Lake park, practical ly single handed. And when the in fant had been born, so to speak, there was the even more difficult task of keeping It alive. There are probably some senators and con gressmen alive today, who can re call the younger WiU Steel, who buttonholed and belabored the key men in Washington, to secure the appropriations necessary to build a decent road to Crater Lake, and secure the creature comforts for those who travelled there. There was nothing dreamy or impractical about Will, then or later, when the wherewithal for his "brain child1 was concerned. The skill of his ap proach and the effectiveness of his sales talk, would have made a vet eran lobbyist of the U. S. sugar trust envious. And that unusual combination In his character, the poet and the dreamer, the fighter and the work er; no doubt explains why Will Steel enjoyed that rare satisfaction, enjoyed by so few In this mad scramble called life to dream dreams, and live to see them re alized, to be satisfied with life, be cause he discovered and NOT too late what the lasting satisfactions in me really arei Continuation of McAdoo Threatens Prom Page One to marry expires then but It was questionable that they would return even though the actor insists he has documentary proof he was born of Spanish parents In Manila. Cal ifornia law, and also that of Nev ada and Arizona, prohibits Cauca sians and Malayans from Intermar rying. That the granddaughter of the late Fresldent Woodrow Wilson is determined to marry Onate appear ed certain. Both claimed to have the support of Miss McAdoo's moth er, Mrs. Eleanor Wilson McAdoo, the senator's divorced wife. Mrs. McAdoo declined to discuss the romance beyond stating that tne marriage was indefinitely post poned. In Manila, De Onate's stepfather. rnunp wnitaker. partially corro borated his claims of Spanish par entage. Cables quoted Wnitaker as saying De Onate's father was a full- blooded Spaniard while his mother. late Mrs. Whitakcr, had one-quar ter or one-eighth Filipino blood. Continuation of Engineer Faints Prom Page One whenever it has been possible to do so without impairing the quality of engines, and that he -was unable to hear the first questions addressed to him as he climbed out of the cab. It was the long 57-hour grind. practically without sleep, that caus ed the severe strain. The excite ment of concluding the run, with a tumultous reception accorded him, caused him to break. New York, Oct. 25 MB The record breaking streamlined train of the union Pacific, the M-10001. rolled into Grand Central station at 9:56 a.m. E.S.T. today, completing the cross country run from Los Angeles to New York city in 66 hours and fid minutes. The running time for the coast to coast trip 'set a new record by 14 hours and 31 minutes over the pre vious record set In 1906, when the late E. H. Harrlman, then chairman of the Union Pacific, travelled from San Francisco to New York City in 71 hours and 27 minutes. Aboard the new record setter to day was W. A. Harrlman, present chairman of the Union Pacific and SOU of E. H. Harrlman. . As the M-10001 pulled into the station crowds surged forward to get a first glimpse. The red cap band blared iorui and tne carpet ordinar. lly reserved for use of distinguished passengers aboard the 20th Century Limited was spread. Tile party aboard the train was welcomed by John McKcnzie, New York City commissioner of docks, in the absence of Mayor LaGuardia. The train was held to the 18 hour mining time of the Century Limit ed. Crowded conditions of the train yards around New York forced it to slow up as it neared its destination. The tuee shaped flier set a world's record of 120 miles an hour yester- day, but over the final lap of the journey its speed sometimes was less tnan ao miles an hour. The 376 foot train, powered engine, left Los Angeles at 10 p.m. P.S.T., ivionuay. JACK HOLT SEEN IN COMEDY ROLE "I'll Fix It," Jack Holt's latest starring vehicle for Columbia, will head the new bill at the Capital theatre starting Thursday. In a popular and exciting role of a man oi action, Holt is seen as a politi cal go-between In the business of running the city's schools. The fact tnat his kid brother is too baseball- minded to pass his algebra exam- inations results in a serio-comic complication which brings Holt Into baffling battle with the kid's scnool teacher. Mona Barrle, brilliant Australian actress, appears in the role of the mentor, with Winnie Llghtner, wild-eyed screen comedienne, and Edward Brophy, her corpulent partner, supplying most of the film's laughs. Charles Levison. as the fast-talk ing newspaper reporter who gets me goods on Holt, and Nedda Har rigan, Broadway leading lady in her first motion picture role as Holt's double-dealing private secretary, are responsible for much of the dramatic action. Holt's portrayal of Bill Gtnnes, the political "fixer," marks an un usual departure from the grim, straight dramatic characterizations he has always been associated with. Here Holt embarks on a semi-comic portrayal which, it Is told, is distin guished for its effectiveness. ' New Members Are Voted By Society Mt. Angel St. Ann's society held its business meeting Sunday at their club room at St. Mary's school, with Mrs. a. D. Ebner presiding. new memDers who were voted up on to be taken into the society were Mrs. M. Blem, Mrs. Margaret Schaffer, Mrs. Anna Kloft, Mrs. Eu gene Hoffer, Mrs. Elizabeth Schaf fer, Mrs. Caroline Bielemeler, Mrs. Nick Renner and Mrs. Joseph Sten- eer. LSINORE WILL HOLD TWO FILM OFFERINGS NEXT A new star has skyrocketed Into the Hollywood heavens, and In the vivid brilliance of her performance Jean Parker wins the highest screen laurels with her first starring vehi cle, "Have a Heart," new Metro-Goldwyn-Mayer production In ft double feature bill at the Elsinore theatre for three days starting Thursday. Tne story of her romance with James Dunn, playing Jlmmle Fla herty, employee of an Ice cream company whose heart Is as warm as its product Is cold. Is a blend of wholesome simplicity packed with pathos and comedy. Dunn contributes one of the out standing performances of his ca reer and Is an ideal romantic screen partner for Miss Parker. Hilarious comedy relief is sup plied by Una Merkel and Stuart Erwin, who are again teamed in antics that won bursts of laughter from tho audience. Muriel Evans scores in a small role as Helen, the vamping secretary. A new type of excitement and plot is brought to the screen by RKO - Radio's comedy - drama, "Gridiron Plash," featuring Eddie Quillan and Betty Furness. It is the gripping story of a young bonk robber, who, against his will, is turned loose on a college campus to play football and become a grid Iron hero for "good old Belford col lege!" Tense excitement develops as the youngster coldly plans to clean out a safe and depart for distant places. Eventually, as the suspense mounts, the boy Is created by college spirit, the affection of his team-mates and the heart-throbs of a pre-cham-pionship game rally. 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SlroifjM YOU AREiSOF speed In transit safe delivery everythingyou ship It doesn't matter whether you are sending a shipment large or small to the next state or across the continent. Railway Express offer you the most complete shipping service. A telephone call will bring Railway Express to your door anywhere in this city. A receipt win be given you for your shipments and they will be whisked away on fast passenger trains with careful handling throughout. At desti nation another receipt will be taken from the consignee proving safe delivery. Railway Express ends unnecessary standing In line, needless worry and expense. Tele phone the local Railway Express agent for service or Information. 559 Court St., Salem, Ore., Phone 4464 ' Tne besr then is ix transportation SERVING THE NATION FOR 95 YEARS RAILWAY EXPRESS AGENCY, lite NATION-WIDE SERVICE Don't Depend on 'THE LAW' to Make Brakes Safe . . . 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