Page Six
HE EUGENE GUABD
Tuesday Evening, April 7,
E
ART FLOURISHES, SAYS MR. TAFT
Mechanical Aqo Has Not Doomed America to State of Stupidity,
Insists Noted Sculptor In Interview
By AVIIXIAM K KNOX
President American Hankem' Asso
ciation NEW YOHK The question, "What
arc the Nation's banking housi'M do
ing to finance home building?" may
he broadly answered, much or litlle,
depending on borrowing conditions in
different localities. In Ohio, for In
stance, thev are only three mutual
savings banks like ours and the many
building and loan nnfioeiations o
much of the financing.
Here in New York the savinn'
banks and life inftirance companies
are continually lending to home build
ers. At n meeting of the executive
committee of the Bowery Havings
hank recently 40 small loans of from
IO00 to $18,000 for one, two and
three-family houses were approved.
Each of these houses will ultimately
belong to some individual home own
er, whether built by a contractor or
by the owner from his own plans.
All the other banks are doing the
.same thing.
Small Loans Favored
Personally, I favor the small house
loan of rather than the $500,000
apartment building loan; it Is more
wholesome and helps to create good
citizenship. Just as soon as n man
has a home of his own he becomes a
better American; a regard for the
welfare of his neighbors is cultivated;
he reflects more of community spirit,
which expands Into love of country
and its Intsltutions.
Can anyone obtain a building loan
from a savings bank, and what does
he have to do to get it? Yes, any
body can obtain such a loon and all
he has to do is to show he has suf
ficient canity in the property.
Percentage of Loans .f
. "We nre limited by the banking law
of the State of New York to lendir.R
' not morn than 00 per cent of thrf
value of the property; the owner
must have the other 40 per cent. The
trouble is that many people do no
have enough ynoney when they start;
some cannot overcome the handicap
and foreclosure is inevitable. Such
Instances, however, are rare, wheu
the borrower exercises ordinary fore
sight find prudence. Bank mortgage
loans usually run from three to five
years and are seldom called.
Any man with $.1000 or $1000 cash
who plans the erection of an $ROO0 or
$0000 house and wants the balance
needed to complete the project, can
, obtain it of a New York savings
. bank at a fair interest rate, fi1Xi or 0
" per cent a year.
$00,000,000 In Mortoagoa
At present the Boworv Savings
bank alone has more than $00,000,000
out In first mortgages on h mints,
' apartments and business buildings.
As to terms of payment for build
ing loans made by savings banks,
most banks employ the amortizing
method. If a man borrows $f000 on
n house worth $0000 4ho pays off 1
per cent of the principal every six
months. Thus in addition to the fn-
t terest. the borrower would pay nt tlif.
end of each six months 1 per rent of
fc.TOOO or $.0, reducing his losn to
$-mfl0; the next six months to $4000,
and so on. A bnnk will however, ac
cept more than 1 per cent of the
prlnclpnl on any Interest date. The
building and loan asmc!ntlon (s less
j restricted by law than the snvlngs
bank. It will lend up to $7000 or
l" $8000 or moro on a $9000 or $10,
000 house.
AIRPLANE CARRIER
LALir;CHED fPJ RIVER
(Continued frum page one)
IM.000 horsepower, greater than the
combined rated output of six electric
driven capital ships now In commis
sion, the New Mexico, Calif ronia,
Tennessee, Maryland, Colorado and
West Virginia. She will have a speed
of 33 knots an hour and a flying deck
reaching from stem to stern.
Chief Justice McBride, denied a mo
tion for dismissal of appeal and af
firmation of judgment In the caie of
Ox man and Harrington, contractors,
againtit Baker county, appellant. This
was a case in which the plaintiffs
sued the county for about $37,000,
declaring that contrary to contract
the county had required them to widen
and change the line of a portion of
Cornucopia highway. The court al
lowed them $'t!.000 and the county
appealed. The motion for dismissal it
said to be batted mainly on technicalities.
- Station WHO Plans
Birthday Program
(Ry NEA Service) .
CHICAGO, April 7. The gre:tt
inechanlcul age never will make of
America iiud its American) a race of
soulless ones robots, babbitts, lost to
appreciation of art and the finer
tilings of life.
IriHtcad, this land, birthplace of a
multitude of servants which perform
silently their labors at the push of an
electric button and tend to hurry
modern existence along nt a jazz-like
pace, are doing their bit toward mak
ing all of us "aesthetically keener."
Comes this thought from the great
Lornuo Tuft, internationally famous
sculptor, called the "Michael Augelo
of America.'
A silent, delicate, remarkable man
is Taft, who has etched In the solid
rock, granite and marble some of the
best contemporary works of art,
critics say.
Taft Optimistic
Speaking of America's bouI, as ho
intends to mean it in vegartl to our
future ability and capacity for enjoy
ment of things aesthetic, Taft Is opti
mistic. Modern mechanical contrivances, In
steod of hurrying us along to a state
of Btupidity ere, lu Teallty, stimulating
our artistic natures, he believes.
"We are far from the downward,
brute path, despite the 'Jnzr.mnniii'
signs of the times, the frivolity and
apparent heedless runh to nowhero of
the masses," he snys.
Statements Disputed,
Ho takes sharp exception to the
statements of F. C. S. Schiller, the
great KnglUh pragumtlst, who in bis
Lorado Taft
'Tantalus"
A unique radio stunt is being staged
by station WHO of Des Moines, In.,
tomorrow night, according to informa
tion reaching the Western Union and
other sources in Kugeue. The cele
bration of WHO's first anniversary
will be staged, and 735 radio artists
will take part.
Every Eugene fan who listens in
tomorrow night on WHO and mails
the station a card or letter the fol
lowing dny, miming one of tho arthti
and the mimic rendered, will receive
a souvenir. These favors are donatrd
by friends of WHO and run all 4hc
way from chewing gum to silk stock
ings and receiving sets. It is expected
that more than AO.OOO of these souve
nirs will be distributed.
There will bo no blanks, WHO will
Isions we are doomed
to see "the arts and sciences tdowly
fossilize, or peter out, in an over
whelming flood of fecble-mindedoesK."
"It is not so," siiyn Taft. "Art is
flourishing and was never in a better
state than now.
"If grand opera companies Iosp
money and cheaper forms of amuse
ment become proiperous. it Is no re
flection, on the artistry of the people.
We are coming out of a reaction
brought on by the great war.
"The greatest proof that art lives
and that the mechanical age Is not
tnking its place is to be seen on a
trip by auto through the country.
Great Development.
'Development is going on every
where. What used to be dirty, un-
nifihtly towns, with muddy, almost Im
passable streets, are now clean, thriv
ing places with well-pared streets,
and connected, hard-surfaced road.
"Old, cheap, neglected buildings
hnve disappeared, and have been re
placed by suSstnntial, architecturally
beautiful structure. Librarians and
museums are springing up. Art is
ftnurlKhing.
"Outwardly, all these signs may
seem to some people to be only the
rexult of prosperity and tho desire
of one community to outdo its neigh
bor, i
"Hut, the change Is not only on
the surface. It Is underlying and has
far deeper" significance. Human be
ings arc learning to appreciate tli
beauty as well as the utility of things.
Our aesthetic senses nre becoming
keener."
MR. WILBUR SPEAKS
CAMDEN, N. J., Apr. 7. Speak
ing at the launching of the aircraft
carrier Saratoga here today. Set-retry
Wilbur declared that the ship "is
not only concrete evidence of the fact
of the agreement It in ting naval arma
ment but also evidence of the fact
that at the Washington conference
the queHtinn of aircraft was under
consideration and that one of the
methods for limiting the effect of air
craft was by limiting the size and
number of aircraft carriers.'
"The Saratoga," he added, "in s'g
nificant also because of its scientific
equipment." , -
"The inotral mind," he declared,
"has conceived and put into execution
nothing which embodies more of the
accumulation of humsn knowledge
than the vesttel being launched today,"
Speaking of the historical signifi
cance of the event and mentioning the
four ships of that name which have
preceded her in the American navy.,
the secretary mentioned particularly
the Saratoga which participated in the
iwnr of 1HVJ, "which was to detet
mine whether or" not there should be
free itren nnd free ships upon the in
ternational highways," and added:
"Incidentally, it may be noted,' that
our participation in the World war
also was the result of a fjrm convic
tion on our part, that this nation hid
a right to the fre nnd unrestricted
use of the high Bess for transporta
tion of commerce, except as that right
was limited by international law."
18 Permits Granted
For new Residences
Eighteen new residence permits in
Eugene were grunted this month in
the f.ve days the city building inspect
ions office has been open, announced
H. Alexander, hu hling inspector,
today. .(
Today's permits were for four new
dwellings, and were given to the fol
lowing: J. Callahan, f'ldOO lesidence, ' 1485
Emerald.
W. K. Ilarger. $.'1000 res'dence,
2VM Alder street.
Irn. A. E. McDowell, $1000 bunga
I w. 442 Adam street.
E. J. Knplin. ? lot io bungalow, 350
Third avenue west.
I STATISTICS
BORN
B!SHOl At the home. 24."". Monroe
street. Sunday, April 5, 1025. to Mr.
and Mrs. I. I). Bishop, a son.
Testimony Differs
When Sisters Take
Stand at Portland
- POUT LAND, Ore., April 7. Two
sisters gave conflicting testimony to
day in federal court in the suit of
Frank M. Arnold for several hundred
dollars war risk insurance.- Sirs. Ar
nold .(Jail, Martdifield. testified her
father always displayed an uncontrol
lable temper, even before the war.
and once he struck her over the head
with a rifle, knocking her uncon
scious. Mrs. Esther Arnold Kinkje testi
fied that while her father was nerv
ous he had not been brutal and wax
kind at heart. The government is
resisting Arnold's .claim, contending
he is Buffering from nervousnem
from which he can be cured, and
therefore is not entitled to be rated
in the veterans' bureau as perman
ently disabled.
Receivership for
Klan Unit Sought
I.OUISVII.r.K. Ky.. April 7. A pe
tition a&k-Dg receivership for the local
unit of the Knights of the Ku Klui
Klan, alleging that funds had been
"misappropriated, dissipated and
squandered.' was filed In circuit court
here today by lr. W. !. Morgan and
A. J. Owens, insurance
ccntly suspended by the itale jl
ance commissioner. Hf
Not less than $10,000 hn k
Iected by A. 1). George, Kli, T
by W. I). Holman, secretary nild , "
tirer. the rjetitinn nll.c,.i U('
-n
Hi
Keep Traet Vioorou,
Borers prefer weakened fruj.
shade trees. To prevent injur,1?
this class of insects, keep the ,
strong and vigorous. Dead and
trees should be cut down and
"DIAMOND DYES"
COLOR THINGS NEW
JOHNSON At Mercy hospital. Mon
day. April (t, 11 125, to Mr. and Mrs,
H. A. .Irtbtison of Springfield, a
.daughter.
McKIWEY At Mercy hospital Sun
day. April o. UKirt. to Mr. and Mr.
.1. H. McKinney, of Wendling, a S"ii.
Beautiful home
dyeing and tinting
is guaranteed with
Diamond Dyes.
Just dip in cold
water to tint soft,
delicate shades, or
boil to dye per
manent colors.
Each 15-cent pack
age contains direc
tions so simple
any woman can
dye or tint lingerie, silks, ribbons,
skirts, waists, dresses, coats, stock
ings, sweaters, draperies, coverings,
hangings, everything new.
Buy "Diamond Dye" no other
kind and tell your druggist whether
the material you wish to color is
wool or silk, or whether it is linen,
cotton, or mixed goods.
NEW and
Conservative
Styles for
SPRING
Just a touch cf Easter
Spirit will help yea to de
'cide on that new 1 ,
$25 SUIT
THE
646
Willamette
HUB
.f' v
- ? i
Tailored to order at
other prices
Appeal Dismissal
Denied by Court in
Suit Against Baker
SAI.IWf, Ore.. April 7. The fti
preme court today, in nn op'nion by
go on the nir nt 0:15 p. ra. centra!
time. Special prbeca nre being often d
to listeners who respond hy toleitrnph.
with capital priics for tho first two
telegrami received from each slntc.
This Btatiou operntea on a 5-0 meter
length with 600 watts. Malinger Me
Kcvitt slates tlutt the telegrams may
bo telephoned to hla office' and
charged to the telephone
Strawberry Time
Rtrawberricft ahould be grown on
rnthor fertjlo Roll, preferably ao(!l
that ban been manured during the
winter before. The beat time to plant
tho Stnndnrd variety la hi early
aprlng, nit hough Into fall planting is
no Icrb Bucccfinful.
If
Costs Too
Little To
Hesitate
No ono rilioukl liosi
tnto to providu perfect
protection from fire
nnd theft for his valu
able jmpers when its
cont is oven less tluin
n cent n day.
That is tho small
amount it will cost yon
to keep your valuables
in ii Safety Deposit.
Box here nt the First
National.
FIRST
NATIONAL
BANK
Eugene, Oregon
Your Spring Suit
Is Here
Distinctive Styles
Beautiful Patterns
Fabrics that wear and keep
their shape because they are
made of virgin wool.
and up.
quality and pay less by buy
ing direct.
Brownsville
Woolen Mills Store
MILL TO MAX CL0T1UKKS
702 Willamette St.
EASTER
IL If
Prices in every instance stand for good values with
many opportunities for economies. We want to ap
pear our best, for Easter marks the definite arrival
of balmy colorful days.
Prepare for Easter nnd Springtime.
Announcing More Lovely
Dresses, Suits, Coats for
Spring
DRESSES
Stylish models in now
printed silks, flat crepes,
satin cantons, georgettes
and novelty silks.
Sizes 14 to 46
. Trices', $12.50, $16.75
and up.
COATS
Matchless Btyles and values.
Coats for sports,- dress or gen
eral wear. Among tho most
attractive are those of char
meen, silk bengallnes and pol
ret sheen. The new Prince of
Wales tailored models are very
popular.
Coats priced from
$0.75 to $79.50
Things Decidedly
New!
Vanities Were
Never So Pretty
New composition vanities
In dainty shades, with
silken handles and tas
sels. Ihesn have com
partments fitted with
powder, rouge and lip
stick, nnd are fitted with
mirrors.
Triced at $2.00 and $3.50
Scarfs Will Float
Gayly
on the spring breeie, says
Kashlon. Printed silks,
hnnd blocked crepes and
the popular knitted silk
scarfs. Priced at $1.48
and up.
New Gardenias
50c To $1.50
Beautiful now gardenias
and corsages, in rose,
violet and orange. Seo
them '.
New Ensemble
Furs
A fur neck piece with
beautiful silken scarf
drawn through. Priced at
$9.50 and $12.50.
The Choker
Necklace
Colored pearls In beau
tiful shades, $1.93 and
$3.50.
Other pearl necklaces
priced nt 98c and $1.50.
kSSI Let your Easter Greeting cany Jp
' with it Phoenix Hosiery.
1 Jt'
I Km
Fownes Gloves
for Easter
Gloves of kid, chanioisette or silk
with French cuffs, to complete
your Easter outfit.
PRE-EASTER SPECIALS!
Specials In Lovoly Silk Underthlngs
Silk Envelope Chemise
$3.98
Made of good quality silk crepe do
chine, lace trimmed. Colors, pink,
jieneh or orchid.
Carter's Silk Vests
$1.00
A combination of pure silk and Rayon
Silk make these beautiful vests with
the Carter's label of satisfaction.
Special, $1.00.
Carter's Silk Bloomers
to match above
$1.98
Colore are poach, pink nnd maize
Windsor Crepe
24c Yard
The durable and popular cropo for
gowns, bloomers, rte. Colors of
maize, poach, orchid, pink, blue nnd
white. Very special at 24o yard.
Irish Dress Linen
88c
Pre-shrunk, fast-colored dross linen,
tho most popular spring dress fabric.
English Prints
49c Yard
Xent prints in colors of green, rose,
tan, and honoydew. Fast colors ami
regularly priced at much more.
iff
Milady's
Easter
'Kerchief
Of dainty sheer voilt
or linen with
edce and in the num
erous novelty prints
all are hero In
derful selection.
All prices reductd
Reg. 5!lc values 49e
Reg. 08c values 89c
New Fancy Garters
per pair
BLOOMERS 98c
Ijidlea' and Mlsces' bloomers In large range of materials
In popular materials. Including cotton charmcuse and
lingerie materials. 9Sc pair.
BEARD'S