Medford mail tribune., May 22, 1917, Page 3, Image 3

MEDFOTID MATE TRIBUNE MEDFOTCD. OREfiON, TUESDAY, MAY
PAT1TC THREE
:a F
utit
tic
tlO!
ILL GAMBLING
41
, FEED I
tesent Food Prices Not Justified by
Law of Supply and Demand Are
( Fixed by Big Extortioners, Says
kTrust Buster Artificial Manipula
,'tion Cause of Inflated Prices.
y By HERBERT A. EMERSON.
' (Herbert A. Emerson is one of the
Teutest -American authorities on
rood speculation and known as the
ftrust buster." Ho was largely re
sponsible for prosecution and con
viction of wealthy members of New
fork's "poultry trust." He now is
helping Special Attorney Robert V.
Cliilds prosecute food gamblers in
Chicago.)
f ) Present food prices are not justi
fied by the law of supply and de
mand, but have been reached only
thru systematic and well contrived
plans by f"od extortioners, manip
ulators, speculators, nmrket riggers
and traders.
! The board of trade is simplv
'instrument used by unscrupulous
dealers.
i "Largest operators on the Chicago
board of trade nre large grain ele
vator owners along different railroad
lines stretching thru Iowa, Nebraska,
Missouri, Kansas, Wisconsin, Minne
sota and the Dukolas.
Y ,! Here early in fall these large grain
(operators begin to buy and store
wheat and other grains as they are
s: threshed.
r'j iws is rarmcr Is I'aiU.
f 'ie farmer is paid on the baois of
the August, September and October
Markets on the board of trade in Chi
cago.
By December 1 from 70 to 80 per
cent of all grains is in the hands of
i speculators. It is Dast history and
i'will be history for years to come, if
! the government does not intervene,
; that at that season the speculators
, begin to trade in May options, eepe
oially in the small grains, to a very
Jnrge extent.
y ' For many years it has been the in
,S.tent of these buyers and holders of
(enormous stocks of grain to force the
y price as high ns possible on the sur
Jplus stocks which they nre carrying.
(f Thus we find that the big part of
I the grain has been taken from
'ifanners at a very moderate price, as
?was done in the summer and fall of
and then we find that the price
in the spring of 1!)17 is elevated to a
tremendous point and the excuse used
is that there was a short crop and
, that the export demand had caused
ithis great rise in price.
'J; - jfrnm the present outlook, for the
J next two or three years we must an
pticipnto very large exports of all
kinds of foodstuffs.
Can Feed the World.
Tut with the very best effort nade
jn the matter of production the Unit
ed States can produce not only all
f-ha wants tor her own consumption,
but she can produce more than don
He the amount of surplus that there
jire shipping facilities to carry
abroad.
) On account of the extreme price
.that has been paid for a certain part
'cit the surplus to go abroad, we find
that the people of the United States
are being charged for all the crain
. that is consumed at home on a basis
' of the very highest point reached for
A prain to go abroad.
:i In the meat industry we find
, similar condition. During the big
packing season of this year hogs, sold
ot from $10 to $12 per hundred in the
. Chicago market, and then, after the
liniSs and buoon were put away and
the lard had been accumulated in cold
storage warehouses, when the ordin
nry run of hogs had become so small
all the pork killed could be consumed
as freh pork, the meut packers be
gan to bid up the price until it rench
ed the extreme of $17 for live hogs
in the Chicago market.
., Without necessity and wilh no ex
cuse except that of extorting a big
profit from the poor consumers of
the new and old worlds, these same
packers have elevated the price of all
their ment products in storage to a
level with the extreme price paid (Hir
ing April and May for the few hogs
shipped from the farms that time.
t 150 SHIPS AT SEA
l LONDON, May 22. A Copenhagen
dispatch to the Exchange Tcleeraph
fompnny says that since the beirin
iing of the war Denmark has lot ."0
hips through submarines or mines.
5"he destruction of the ship ha been
'enmpanied by the deaths of 210
Ihtuisb seamen.
NDAEVtERICACAN
HE WORLD
GERMAN
COIN
NOW FDNENTING
L
Madrid Now "Spy Capital of the
World Last Outpost of German
Intrigue In Europe Fixed Price on
Destruction of Allied Ships by
Bombs Secret Bases for U-Boats.
BY K. W. "AVNE.
(Staff Special.)
MADRID. Spain, May 22. The
last outpost of German Intrigue in
Europe, and the spy capital ot the
world that Is what Madrid has to
day become.
With the enry of the United States,
Cuba and Panama Into the world war,
the seething mess of German plotting
in Spain has taken on a greater sig
niflcanco than oyer, and one especial
ly vital to Americas.
AH the Teuton bomb plots which
have made the kaiser's agents so
odious In America have been paral
leled here In Spain, and with even
more sinister Intent. German money
has been held out lavishly. It Is gen
erally believed here that a fixed
price of $600 was put on the success
ful destruction of an allied vessel by
bombs.
Secret U-Hoat Itasts.
The Spanish government has la
bored to stamp out criminal German
plotting here. Secret submarine bas
es along tlio coasts have, been found,
bonvb making plants raided and wire
less stations put out of business. But
less violent forms ot German propa
ganda still flourish.
The Spanish clerical element Is pro
German. The church here feels It
draws Its strength from autocracy.
Morevoer, It Is hostile to France,
which It calls "atheistic."
The aristocrats, the reactionaries,
and important parts ot the army are
pro-German.
But among the common people of
Spain you find a different situation.
The great clash of Issues between
militarism and democracy Is under
stood as distinctly by tlie thinkers,
the liberals and the common people 01
Spain as It is anywhere else on oarth.
Following Spanish labor's recent
threat of a revolutionary general
strike, many confident predictions
wFere made that Russia's revolution
would be followed by one In Spain.
But here and in Barcelona, which In
dustrially is tho Vesuvius crater of
Europe, the situation appears far less
simple than that..
Fomenting Revolution.
According to certain experienced
students of tho situation, German
money has secretly been fomenting an
ostensibly democratic revolution.
Why? To complicate matters for
the allies along the French frontier.
The Germans have wanted to prove to
the Spanish government that the
can so of the allies was revolutionary.
hostile to all established dynasties
It is said they actually hoped thus to
persuade the Spanish authorities, In
self defense, to throw In their lot with
the central powers the defenders of
monarchy. i
The immediate occasion for gener
al unrest, on which the Teuton plot
ters are said to have seized, has been
the food and fuel shortage and the
Increase in cost of living.
Tho the Romanones government
declared martial law and quelled In
stantly the recent menace of revolu
tion, there Is still ample reason for
the admonition, "Watch Spain."
AGREE OVER POLAND
BERLIN, May 22. It Is learned on
good authority that a complete agree
ment has been reached between Ger
many and Austria on the Polish ques
tion as the result of the conference at
great headquarters between Chancel
lor von Bethmann-Hollweg and Count
Czernln, tho Austria-Hungarian for
elgn minister. Count Czenin return
ed to Vienna today after a visit to
the western front.
10
CHICAGO, May 22 Morris Hill
quit, Xw York; Victor I., ltcrgcr,
Milwaukee, and Algernon Lee, New
York, will represent the American so
cialist pnrty ns delegates to the con
ference at Stockholm, Sweden. An
nouncement of the selection of the
three delegates was made today by
the national executive committee of
the socialist party. The delegates
will be uuuisti ucted. i
V IN SPAIN
ATLANTA FIRE MtOF
LOSS ESTIMATED "
AT 13.500,000 m
Southern City Goes Actively to Work
to Care for Destitute From 5000
Homes Destroyed in Fire That
Raged Thru 75 Blocks No Outside
Aid Guardsmen Utilized.
ATLANTA, Ga., May 22. From
10,000 to 15,000 persons are home
less as a result of yesterday's tire
that swept approximately seventy-five
blocks of residence property causing
a loss of $3,500,000, It was estimated
today. Preparations have been made
to feed 5000 homeless.
ATLANTA, Ga., May 22. Atlanta
went actively to work today to care
for the destitute persons from 5000
homes destroyed in the fire that rag
ed yesterday afternoon and last night
tliruout seventy-five blocks. The
flames were checked only after dyna
miting of the beautiful ohmes on
Ponce De Leon avenue. The property
loss was estimated at more than
$:i,.r.OO,0(IO. The fire started in a
warehouse and drove first north and
then northeast, at some points a
block wide nnd nt times half a mile
in width. It crossed Ponce de I.eon
avenue nt one point and swept down
the boulevard for a block.
It was the greatest fire in Atlanta's
history since civil war' days, when
General Sherman, terming the city the
backbone of the confederacy, de
creed that it must be burned. In
property loss and hardships it was
even greater, for tho city that Gen
eral Sherman destroyed had . only
10,000 inhabitants.
Destitute Cured For.
Destitute persons from the burned
area which included negro homes nnd
costly residences of white people
were cared for by the local Red Cross
and the Associated Charities. Hun
dreds were fed last night and today.
Preparations were completed toduy
to care for 5000 persons.
Mayor Cnndler and President Ivan
Allen, of the local chamber of com
merce have agreed that no outsidu aid
would be needed. Both expressed
their appreciation of scores of of
fers telegraphed to them. Only one
person is known to have died cs a
result of the fire. Mrs. Bessie
Hodges died of shock after her home
was destroyed. Injuries were re
mnrkably few.
When the flames began advancing
northward they drove before them
hundreds of persons. Automobile
trucks, express wagons nnd every
conceivable vehicle was pressed into
service to save personal belongings,
It was not until tho fire reached with
in a block or two of Ponce de Leon
avenue, an hour before dark fell, that
order began to come out- of tho con
fusion,
.Militia In Charge.
National guardsmen and men from
the officers' training camp at Me
Pherson took charge of the situation.
After this the abandoning of homes in
tho threatened districts was carried
out consistently. The soldiers re
mained on duty all night. Furniture,
bed dollies and all the odds nnd ends
from the many homes littered the
streets, which were made impassable
in many cases by fallen wires and
splinters from dynamited houses,
The soldiers allowed nothing to be
moved during the night nnd blocked
civilians from the fire zone and a
wide area nronnd it. Only one case
of attempted looting was reported
and that resulted ill an arrest.
The burned area is roughly defined
ns including all that territory be
tween Fort street on the west nnd
the boujevard on the east between
Decatur street and Ponce do I.eon
LULL REPORTED
ON ITALIAN FRONT
HOME, May 22. A lull occurred
yesterday on the Italian front, no
further infantry action being under
taken. Austrian attacks east of
Oorizia nnd at several points on the
Trentino front were repulsed, the war
office announced today.
How's This?
Wt oflVf Oi Ilondrrd Poll an Reward f an;
raw nf ratarrb that ciubot tm cutxi bj UaU
Catarrh Cur.
F. ?. CHENEY 4 CO., ToImJo. O.
ihm anrrjm-1, hnrt knnwn T. J.
Chmi-y for tb U't t& Jii.ni. am t-Mv fclin
perfwtlr bmnrablp In ill bitie-a traiiMMloi
r.d Rnanrlallr ! to cjitj rtlt any obllfitluM
Bud by tola Arm.
NAT. BANK OF C'lMMKIICF.
Toledo, OblO.
TTiTI'i Catarrh Cnrp If taken lntmllr, ftlnf
1lratly ni-n t!i bl4 and acwiB aurfarca of
tb (jatro. Twllmntilalt nt tr. Frlt 76
Qta pr bottk. rVbl hy all Ifr-iirf lata.
lakt UaU'a limUf fllla tot couaiiptUofi.
WASHINGTON, May 22 Definite
allotments of liberty bonds have been
placed tentatively, it was revealed to
day, by the treasury department op
posite the names of the chief cities
of the country, varying from a few
million dollars to approximately
$7.')0,000,000 in the ease of New
York. These allotments represent the
sums which, in the opinion of treas
ury officials, should be subscribed by
the population of the various cities.
They were obtained by computations
involving tho total resources of all
bunks of the cities, nnd make liberal
allowances for the failure of any one
community to take its full quota of
the bonds.
Included in the allotments to the
various cities nro allowances for
suburban towns nnd cities and the
territory which is financially tribu
tary thereto.
Allotments have been computed by
federal reservo districts, ns the cen
tral headquarters of each section of
the country will bo the federal re
servo bank of tho district. Inasmuch
as the total resources of all finan
cial institutions in the country nro
placed at approximately $:i.r,00(),
000,000, it was estimated the first of
fering in bonds would result m the
contribution by the public of n sum
equal to about 0 per cent of the to
tal banking resources of the coun
try. ' This big subscription, it was
pointed out, however, will not result
in n diminution of bank resources to
this extent, ns tho proceeds will be
re-deposited, to large extent, in the
Charlie
Perm
Manufacturing Ex
pert of The American ,
Tobacco Company and
famous authority on
the manufacture of
chewing tobacco
Notice!
mm
AT THE OLD STAND
I have returned to Medford and will be found nt
the old stand on South Riverside, where I will eon
tinue to do expert horseshoeing and all kinds of
blaeksinithing.
Tom Merriman, Proprietor
FEDERAL
10
WASHINGTON, May 22. Meas
ures to force down authraclte coal
prices will be taken, the federal trae
commission announced today, If pro
ducers and dealers do not adhere to
their recent promise to cease extor
tionate practices. The commission is
cued this statement on tho subject:
"In Us Interim report of May 4 to
the United States senate the federal
trade commission promised that its
utmost efforts would bo used to as
sure fair distribution and fair prices
ot anthracite coal.
"The commission has sent agents
into different parts of tho country
who will observe closely thruout the
anthracite trade the operation plans
formulated at recent conferences of
the commission with operators, job
bers and representative retailers for
bringing down prices to moderate
levels and keeping them there.
These field agents will report
promptly to the commission for ap
propriate action any renewal of the
intolerable abuses that marked the
activities ot certain elements of the
trade during recent months.
The independent operators have
realized that the situation calls for
public spirited aetlon on their part
and It Is expected that they will re
duce their present prices to moderate
levels for the season and co-operato
In every way with the commission."
financial institutions through which
subscriptions will find their way to
tho federal reserve banks and to the
treasury.
"It's quality tobacco that
makes the chew"
says Charlie Perm
"And it's some satisfaction to know that
when you chew Penn's Thick you're
chewing quality tobacco from start to
finish."
r
Chewtiff Tobacco
is made only from full-length strips of
rich, ripe, perfect leaves of quality to
bacco. TRY A 10c CUT TODAY.
"It's as mellow as a June apple and as sweet as a nut."
TUaratiteed
If Peim s Thick does not seusf you
W ui every way. return it to any dealer.
4 He it hereby euthorlied to refund
,the toll purchaie price.
If your dealer does not carry Penn's Thick send ten cents (I0c( In stamps and pive us the
name of your dealer, and we will send you a 10c cut and a leather pouch in which to carry
it. Tobacco Company of California, No. I South Park, San Francisco, Cal.
ULSTER STUMBLING
E
LONDON, May 22. Whilo most of
tho morning newspapers editorially
welcome an Irish convention as a
hopeful means for settling the diffi
culties In Ireland, one ot them ex
press confidence in Us success and
none regards it absolutely certain
that the convention will meet. It Is
pointed out that although the speech
es In parliament showed a remarkable
change In the atmosphere and that
the discussion and the outlook on the
wholo is encouraging, the crux ot the
difficulty, namely tho exclusion of
northern lilster, remains.
Hope, however, Is based on the ut
terance of the Marquis ot Lansdowne,
who for many years has been an an
tagonist of home rule and on the
speech of Sir Edward Carson, which
is regarded as a bettor augury than
that of Sir John Lonsdale, secretary
and whip ot the Irish Unionist party.
Satisfaction 1b expressed by several of
tho editorial wrltors that the settle
ment of the Irish question has now
been removed from Groat Britain's
hands and Ireland has been given tho
opportunity to work out Its own des
tiny. Tho satisfaction Is accompanied by
the earnest hope that the opportunity
will 'he seized by tho Irishmen.
Tho Times commends tho Ulster
men for acting "with patriotism and
courage."
Tho Dally Chronicle urges the con
vening at the earliest moment of the
convention, saying that on tho crest
of the Incoming tide It may bo carried
safely to land.
Field of Kentucky White
iiuiicy tobacco
INTEUL'HUAX AlTOCAItCO.
TIMK CAH.
Lesre Medford tor Ashland, Talent
tnd Phoenix dally, except Sunday, lit
8:00 a. m., 1:00, 1:00, 4:00 and C:16
p. m. Also on Saturday at 10:16 p
m. Sundays loave at 10:30 a. m. and
2:00, 5:00 and 9:30 p. m. Lears
Ashland for Medford dally, except
Sunday, at 0:00 a. m., 1:00, 1:00
4:00 and 6:16 p. m. Also on Satur
day nights at 6:30. Sundays leav
Ashland at t:00 a. m. and 1.00, l:0t
and 10:30 p. m.
FREE
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