Ashland daily tidings., November 04, 1927, Page 6, Image 6

t
GEORGE MAÙDEN
ASHLAND DAILY TIDINGS
X
November ft,. 1 « 7
X
WISDOM A lto UNDERSTANDING:— The fear of th e Lord Is
beginning of wisdom: a gbod understanding have all they that
its commandments: H is praise eadnreth forever. Psalm 111:10.
PRATER: O Lord, may Thine eyes ever be upon ns and Tbine
open to pur ery.
1
OUT OUR WAY
W A TTt f I G rfT O J T S D fc .A /H A IW T H
\N E 6 .M ^ E P S ONUV i w . I P A S T I L
- i U jn ^ ä "T uet make . m e v a d o m s
w a n t - r ’ SCREAM
A < A A P P tÇ
CRO^SESEO BUTCHER CHOPPiN
f
OFF u»6 F inger nails w n H A rP 5 C o l
CLEANER* AM’ A SKiNMVGrtJ^ O ü TWE î
o UA v /IN’ AROWip H IS A D A M S Á
•------ r ------
Fr»*« «M FBI
-J»
HurrÜm»« F<
Writer <
'/W ASHINGTON — To Harry
Sinclair, Teapot Dome has meant
the difference between n good op­
portunity to become the world's
fla
1
g re a test oil m agn ate and t h e
’ v l
%
Diversification—Sound and Unsound
A warning that diversification is not in itself
a remedy for farm ills is sounded in the inaugural
nnmher of the agricultural news letter issued by
the Agricultural Service of the Chamber of Com­
merce of the United States to the 1,500 business
organizations constituting its membership.
“ There is much need for a clear understanding
of conditions which bring about a laek of diversifica­
tion” its advice runs, “ just as there is need for
the exercise of the most careful judgment before
springing at conclusions based upon such conditions.
Diversification often is interpreted as calling for
a general upheaval in the production program of'a
one-crop region. So often is it conceived that such
a region which has suffered acutely as a result of
low price levels, brought about by over-production
of a single crop, h a s only to turn its back upon
jthat crop and devote its energies to other production
in order to gain the economic stability Xyhich it
lacks. That is not diversification. It is plunging.
And there may .be just as much danger to a section
from radically changing its cropping system as
from too intensive- production of the long e a h ^
lished commodity.
Commercial organizations laboring to improve
the status of their trade-area agriculture proceed
with great care before advocating diversification
in such a way as to stampede a' community ifito
wholesale production of some . commodity which
might 'w r y easily'run into stiff competition from
other regions where the prddnlkon and marketing,
problems long since have'been Waived.”
Business Without Profit
Not only do many corporations in the United
< States do business without profit but many Ameri^
can business men. believe that it is justifiable to
: incur a loss by taking over business from a com-
. petitor a t.less than -the cost of doing it. These
rather startling facts wene disclosed by £ . W.
McCullough, Manager of the Department of Manu­
facture of the Chamber of Commerce of tne United
States, in an address before the National Associa­
tion of Marble Dealers.
z
,
Out of 4,454 corporations engaged in the manu­
facture of stone, clay and glass products, Mr. Mc­
Cullough pointed out, in 1926, one* of the coun­
try’s most prosperous years, 1,701' reported no
net income. “ There are a number of other lines,”
he added, “ which did not make as good a showing.”
. “ In every line of industry there will be found
- • a minority doing business at a loss. The excuse
these folks give for selling goods without ^profit and
doing business without profit under certain circum­
stances would,fill.-a volume, but few, i f ’ any, may
I
fie considered ’sound.”
Thp Temedy for this condition, said Mr.*Mc-
^ - Cnllougk, lies in cost accounting, Which is being
taken up by njniiv .lpips of industry, some members
of whjch are discovering for the first time whether
Li# certain of .their products are being sold at a profit
, o£ at a loss. “ It is obvious,” he adds, “ that you
paanot do business without a profit,’’—advice which
j « e a r n s t&‘ be necessary even during this day of cor-
: < porate enterprise.
/
\
The joy of doing something for yourself is
doubled if you know someone else wants you to
A megn male pessimist observes that what
average woman wants is a strong inflexible
1 whom she can wrap round her finger.
He may have wanted to do so, but no
aocRie M vine of having double crossed
yet maintain the right to mnr-
name of a favorite emergency
what might have liappened if linden
n accompanied by a back seat driver.
Wbtes by FBO Men
itopiay Marrins lisi
A d a g ili
Z
iX ft-W lU tA lA S
present possibility that be Still be
branded as a fel<?n arid sent to
prison. ‘
The exposure of Slnclalr’s.d eal
with Fall to lease the naval re­
serve at the .Rome and take the
navy's oil Is a f least believed to
have prevented him from rising to
a position of prestige and power
equal to that ot Rockefeller and
Deterding. Just as the Elk Hills
deal W lth F a ll helped -dim inish
the industrial stature of B. L.,
Doheny to the point where h# *’
understood tlTEave sold most ot
his interests to Standard Oil so
has Sinclair’s indictment placed
him in the htptus of a mere inde­
pendent operator.
•At one time Sinclair hoped to
obtain a concession covering all
’ the* oil in .Russia, which is sup­
posed to have the largest and
moist valuable oil fields In the
world. ■ - ■ -
About t F t middle of 168«, Sin­
clair wept tfi London and . then
to fto sc o w , looking, for this huge
C u T ^ in G t -R E M A R K et
t*e girl with great severity ah* dSM
n«t mind, « mw M jâ «« tAe crew mnti-
nie« «As tobe« Ais side. Ls« &y
»rady, thè orati reeh Haley hat for
soste time they ore AeM in cAecfit
Ag Aie ready revoleer. Ä douse foy
sarroaads tAe “Fee Sprite" and.ae
tAe bettle raget around her deckt
a eteamer bound 1er San Francisco
rema tAe schooner. The mate,
Brady,'faho leadt the nvtinocrr, is
killed -and due to tAe efforts of
B eley the schooner escapes witA
*1 know it is" whispered Polly,
"but he doesn’t care, be didn’t ovon
think ot me when it was all over.
Bronson, why does he hate ma Ilka,
thia.- Sorely he must know by now
that I would rather do anything than
harm him- Yet he never thinks of
ma, hardly ever speaks to me
even. Dp- yon think he ever will
forgive s e e r
"My God," groaned the mate. "A
man deserves to ba unhappy when
J » has the finest girl in the world
and is too damn proud to even ad­
mit that he loves her. Cheer up
kid, he will, an* someday yov’ll
both 6a happy, and look back and
laugh at a ll thia. Hara ha combs,
now."
Bronson stepped forward to meet
Haley, and* his «all figure hid the
girl as she leant against the wheel,
which had. boon taken by Uney.
prepared to give her life for. The
mein w ho had outdo * nock of koo
oveiy effort The oM Polly beraa
to assort hermit. It he could ho
mean enough to spite himself to
hurt her further she would not ho
the one that gave in first Bo had
asked for payment and It It killed
her to do it, be should bo pafiL
With one last took at ths ass and
the >alls wheeling in the schooner's
woke eke hurried below, and began
to throw her things lute her bag.
First there was the little done*
tog dress, old now, and patched,
but valuable booaueo, well she
didn’t qniteknow why, but some­
how she Just wanted to hoop t t
There were a few tamale articles,
kllHorn and carefully awndod, and
these too foHowod the drees. She
paused a little over her overalls;
but thou, with a defiant tom of her.
head she crammed them to. fiho
had carat them.
There ware two doers to Folly's
cabin, one into the companion way
ths other into the smaller cabin,
used by Hurricane. For come rea­
1 Polly used the latter, and enter­
son
ed the room as Hurricane wag put-
volt and aomo-of the biggest men
to his com pany.--
;
v '
l **I b Moscow tbOBdeuhdwork was
laid’ for a concession, n o t e s am­
bitious as H a r r is ' hrWdhf igis-
ipn. but ah lip d r ta n t <^e su'M>
as'no otb et Utbferit bad beba able
YOÙR BOY AND YODR G
ARTHUR DBAïfc SfiÌ'3
e».
(Copyright John
,i. '
ifal statistics prove that lota
elks are pattine the quarts be-
i the hearse.
letter,. “Thursday ni^ht to <bn
Boy Scout Court of Honor, Pri-
0 y to a shoN- Saturasi* t » th » 4 k
M. again, and Sunday to Sunday
men sax that Ameriaans re-
« 'n a m y e w o k d
teas ex-
iced «t buffeting the storm
i f storming the buffet.
Locks do more to prevent rob­
bery than laws.
on 8unday and like to nap,|or an
h o w fir two; then > e taWk th <
As a rule, bad riawr te t r u
fa m ly fb r.a rifie. tyit he £ Apt#
more often than good new/.
and stews because we don’t spend
When Mexico goes to the polls/
the whole. NtO.rnopn. WAA
.the rarrlvors will be considered
elected.
- Bvary, day tbqre are now thing« tbing.
hat good things are a yoàri Wart.
it up and spent theteyentag read­
. What to do with love tbat a ing-, Tuesday night ho earns Nome
man la through, with-parplexae the ali «et , to see, a fiMtaln picture.
smartest ot th em .-
No amount of argoménti and Reas­
oning could make him see that he
<M the hundreds o( ways to could not go and he finallj^aot so
ugly th a t,h e went to |p d dlth
foril a wife, *hot one has been a
only
a glass of milk fo K M W * .
hundred per cent success.
“Every boy In t&|s > « i< ib o r -
hood is avowed to go any time to
Bhbw, jMy s ^ > so yeseatf«»
Golf take« the mind . off ot and thinks he is abused. What am
bmiineas, but the Saturday ' pay­
I to doY Hp aeemi to lack abil­
roll can be depended upon to ity to amuse 'himself and. 4 e ean’t
.bring tt back.
Ifirra a three ring circa« for his
amusement all the time. Should
eg n ^ jo o k (or mrieb to the
1/ prteon reform butti we-
•ehdfcg a bettW c l« u of
TURNING ,THE PAPE
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II . I . I i l . i ■— » —
— X
J L .J I
'«•/.
f.. ■
AS HDAND
12. Years Ago
The legal holidays serve to stop
Judicial proceeding« and curtail
business at the court house hut
ths Issuance of tiarriage licenses
goes lgeriily on. The foUowing
have beds granted permission to
wed daring the past few days:
Edward H. Wilson and Myrtle
8mtth; Andrew J. Klnm an<t Ids
b. Ingram; D. 0 . Brows sad Fay
Bannstt; Edward March and d e l ­
ta Qaley; John R. Harter and
H. M. Lone, the blacksmith who Bvle M. Gilbert; Herman Fisher
recently purchased the shop at and Cora'Carter.
the corner ot First avenue and C
attoet formerly owned by A. L.
tom b, hag retained almost all of'
Mr. Lassh’e eestomers and added
m«ny new ones. Hie w o > k in
blacksmlthlng and wagon-mak*
ink Is of the highest order of et-
B. R. Baughman at th ls 'le lty
was the victim of a footpad at
orants Pass last .Thursday end
Jacksonville New« — Ohiot » of
wm relieved of I I I and proa tod. Pottee C. A. Simons aod Bdwsrd
with a healthy wallep ever the Thornton were* at the conato seat
on business Thursday.
t
p rom ises, t a c it or o th erw ise, th a t
Not only has America b e 'e n
odgctng too much oil, but a
t Id entirely superfluous ■ oil
11 —
tive tthq,-in tovipuber, signed an
agroewafit h yggM h «com pany in
which the flMgg. and Sinclair
were to aha]>^Mtmlly was to ex­
ploit th j B s fC a a d Grosnl fields.
lacleii- wofi*to invest more than
1 0 0 ^ 0 , and, furtMertoore,
waa t» .U « t,jk Russian'Man t o
New York. ?' . r
Oil
upon receiving this news can only
be Imagined. Standard had ear-
tain claims on the Briku fields
which would have been worthless
once Sinclair got in. Sinclair had
been challenging that great cor­
poration both at home and in the
foreign field. Bach challenges
were most unnsrial insofar as Am­
erican oil . men were concerned.
Bat when the lid blew off Tea­
pot Dome,« Sinclair became no
longer a serious rival of Standard
on in the great Ruspion oil field«.
There w as no longer any pos-'
slbillty that Sinclair could,obtain
American recognition and there
was oven less chance that he
could raise a 6660,000,00« Rus­
sian loan. ... There were other
Mt. if. Dunn who has been con-
Sinclair no longer could fulfill.
Soon afterward, Sinclair lost
oat in the northern half of Bak-
halien Island, where he also had
a concession from the Soviets the
carrying oat of which was con­
tingent on American recognition.
In 1618, Sinclair also signed a
preliminary agreement With the
Persian government to exploit the
oil fields of north Persia. Thia
was conditioned on « 610,000,-
000 loan. Here again the Tea­
pot Dome story appeared on the
scene and was need by Sinclair’s*
enemies to turn the Persians
sgalhet him. Subsequently it be­
gan to h< reported that Sinclair,
beaten or faced with d efeat on
a ll fronts, had aligned himself
Rnrrlctne glanced at the wheel,
and seeing Limey there he tu n ed
sharply to Bronson.
"Where’s P o lly r ha asked.
Relieved at lost of th< tension
that bad kept her. going, Polly's
nerves began to crack under the the paper to the visiting mate.
terrific strain that they had gone J^That fixes that" he ramerhef
through. Quietly, and timidly she
"Sore you don’t want anything I"
stple forward and stood in front asked Hardy "How are yon off tor
of him. ,
-
tobacco and enppUeat Got ptoutof"
^ JH k at do yon, want?" she whis-
Haley nodded m
and thanked
him.
-
All U s hate and years of hand­
"WeD then» I gueea I'll wish yon
ling tough sailors, could not pre­ luck an’ a good voyage an* bo on
vent Hurricane from showing his my way. W m a couple if days
'
>. • ,
relief, to everyone.but PoUV, then late now."
to hide It he turned quickly to ths
Hurricane nodded goodbye, «ad
mate of the steamer and said Pony standing neae a a < that he
-"Here’s the girl I mean, if you’ll did not intood to see her. W ith e
wait a minute she’ll he .ready an' sgd little aod to Brobaon, eha
we’ll be much obliged to you."
qaletly. Mapped'aerobe U m eabto,
'¿Bad Hurricane been able to on-
bend a little all would have come
oat than, bat too proud to admit
tbat be wanted something that be . Ag_ Felly to R th e room, BnM>
had thrown away once, he con­
demned him self and another to two
long years of,hell, wares than any
tfiey had known before. ‘
Turning npw, he watched the
girl’s face, and'the tenor, and dis­
appointment that he saw there ok
most changed hie mind. Then gs
his eyas tom«« away, nnable to
stand her glance, they noticed the
body of Brady oovnrad with a piece
of dirty sail-cloth. ? She whs tha
of thl«, sad Steeling hlmaalf
again he turned back to her, and
fen ths most casual voice that he
eoald assume, a voice that he hop­
ed weald ho hard and torse, bat
merely managed to; ha toneless
said, "Get your gasr together.
You’re goto’ bask to Frttco on this
valeefcfag aher his recent illness
at his home on Granite street,
hsd a serions rsldgss on Wednes­
day inem ing. '
This Day In
Fhftiana '
NOV. 4th, lash,
KBLLY vs. SMITH
,
By DOC REID
Seventy-two years ago today,
ire Parker «amq in ' from
he Metten.on Saturday a*d ths longest hare knuckle ring
wh ill üirtth a threatened at- battle under I/fi>don prise ring
M pneumonia of the rest­ rnlee on vecorfi Was fought at
w han
â t Mr. Ray SatshweHi bat JMelbourne, Austrolig,
Jam««
Kelly
sad^oakthon
Smith
iwttngnoW. '
• f - “.
battled aatil anth waa bxhausteri
at the ead of alx hoafa and fifteen
mlhntoe.
<
Smith and Kelly t were middle­
weight championship aspirants
and wet* fighting tor a sid e het
of 66«0 en d a chance to gain rec­
ognition or the title holder. There
id no record either ot the contest­
ants ever engaging ■& any other
ring battles thereafter.
■ am
h m m
14UU4
"Why mu«» i r . «he asked, v On
Hurricane did aot look at har. Ml
ha answerad, ha gated 'moodflt.
ovar her head-eut M th « sea /to fi
there waa Uttia «aprasMon ia his