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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 6, 1921)
rRDFOTJD MATT! TTITTVTXE. MF,PFOTT. OUT-0 ON'. TTT.SPAY. T)FCF"NfPF,T? G. 1021 pxhfj vrvv, r TEXT OF PRESIDENT'S'MESSAGE (Continued from page one.) graphically or according to pursuits, or personal followiiiB. For a cen tury and a third parties have lioen jharged with responsibility and held Hirici uccuuiiuue;. n iit'ii iney iaii thry are relieved or authority; and the system has brought us to a na tional eminence no less than a world example. Necessarily legislation is n matter of compromise. Tile full idea! is sel dom attained. In that meeting of minds necessary to insure results, there must and will be accommoda tions and compromises, but in the es- . timnte of convictions and sincere pur poses the supreme responsibility la U national interest must not be ignor- I VmI. The shield to the high minded .public servant who adhere to party . policy is manifest, but the higher pur ,pose is the good of the republic as a k whole. Ji It would be ungracious -to with- Jiold acknowledgement of the really large volume and excellent quality of work accomplished in the extraord inary session of congress which so re leently adjourned. 1 am not mimind- : jful of the very difficult task with ' w hich you wcro called to deal and no : ?fn can ignore the insistent condi . Hons which, during recent years have called for the continued and almost exclusive attention of your member ships to public work. It would sug 1 .f'est In sincerity if I expressed com """iPlete satisfaction with every roll call, jliut we are agreed about the difflcul- ;?t les and the inevitable divergence of -opinion In seeking the reduction : 'amelioration and readjustment of the V Jburdens of taxation. Later on, when jollier problems are solved, I shall imiko some recommendations about ; aenewod consideration of our tax pro gram, but for the immediate time be fore us, we must be content with the 'billion dollar reduction in the tax draft upon the people, and diminish j rt irritations, banished uncertainly 6 i.nil Improved methods of collection. ,Jly your suslainmeiit or the rigid economies already Inaugurated, with hoped for extension of these ccono l lilies and added efficiencies in admin ijlistration 1 believe further reductions ' may be enacted and hindering bur .dens abolished. s In these urgent economies we shall . lie immensely assisted by the budget system or which you made provisions in the extraordinary session. The first budget is before you. Its prepa lation is a signal achievement and the . perfection of the system, a thing im . possible In Hie few months available for its-initial trial, will mark its en actment as the beginning of the greatest reformation in governmental A practices since the beginning of the i' 'republic. , . -. ; There is pending a grant of niithou ity to Ihe authoritative bram-h of the government I'm- the funding and sul ,1 lenient, of our vast foreign loans growing out 'of our grant' - of war , Vredit.s. "With the hands of the execu tive branch held impotent to deal Avith with these debts, we are hinder ing urgent re-adjustment among our debtors and accomplishing nothing i Hoy ourselves! I ihink it is fair for ;;tbe congress to assume that the ex yeeutive brain h of the government wnuiil adopt no major poliey in deni zing with these matters, which would .-jconflict with the purpose of congress 4n authorizing the loans, certainly not :"without ashing congressional ap proval, but there are minor problems incident to prudent loan transactions :ind the safeguarding of our interests fwhich cannot even bo attempted wilh fout this authorization. It will he help- !lul to ourselves and it will Improve conditions among our debtors if fund ing and the settlement of defaulted in terest may be negotiated. Merchant .Murine. The previous congress, deeply con cerned in behalf of our merchant ma rine. In lHL'O enacted the existing ship ping law, designed for the upbuilding of the American merchant marine. ilAniong otner inings "c iu..wi,i. 34 encourage our shipping on the world's seas, the executive was directed to give notice of the termination of all existing commercial treaties in order to admit of reduced duties on im ports carried in American bottoms. During the life of the act. no execu tive has complied with this order of the congress. When the present ad ministration cnnie Into responsibility it heunn an early inoulry into the fail ure to execute the expressed purpose of the Jones act. Only one conclusion has been possible. Frankly, members ..r hmi... ;,n,l senate, eager as I am to Join you In the making of an Ameri- can merchant marine commensurate 1 with our commerce, the denounce- j ment of our comnicrciat treaties k would involve us In a chaos of trade J relationships and add indescribably to the confusion of tile aircaoj cd commercial world, our power to do so is not disputed, but power and ships, without comity of relationship will not give us the expanded trade, which Inseparably is linked with a great merchant marine. .Moreover, the applied reduction In duty, for which the treaty denouncements were necessary, encouraged only tin' carry ing of dutiable Imports to our shores, while the tonnage which unfurls the For Constipated Bowels Bilious Liver ... .i,,i, ni rmntv votir lowols mm The nicest cathart.c-wxamo , Physic your bowels when you have Headache biliousness r.,1,1. Indigestion I'uzinos Sour Stomach Is candy-like Cascarcts. One or two l'l:l:-r on tie- seas is both free and du tiable ar.d the cargoes which make ; nation eminent In trading are out .going, rather than Incoming. It nut my thought to lay the. problem in detail before you today. It is desired only to say to you that J the executive brant b of tile govern-i mi nt, uniiil'lueiiced by the protest of I any nation, for none has been made, j is well eonvineed that your proposal, j 'highly intended and heartily support--'til here, is so fraught Willi dilTP-ullies and so marked by tendencies to dis courage trade expansion, that I in vite your tolerance of non-compliance for a very few weeks until a plan may tie presented wbieh contemplates no greater draft upon the public treasury and whb-h. though yel too crude to offer it today, gives such promise of expanding our merchant marine that it will argue its own approval. It is enough to say today that we are so possessed of ships, and the American intention to establish a merchant ma ; rine is so unalterable, that a plan of reimbursement, at no other cost than is contemplated in the existing act. will appeal to the pride and encour age the hope of nil the Amerieali people. I The Tariff. I There is before you the completion of the enactment of what lias been termed a "permanent" tariff law, the word "permanent" being used to dis tinguish it from the emergency act. ! which tlie congress expedited early In the extraordinary session, and which is the law today. 1 cannot too strongly urge an early completion of this nec essary legislation. It is needed to sta bilize our industry at home: it ls es sential to make more definite our trade relations abroad. More, It is vital to the preservation of many of our own Industries, which contribute so notably to the very lifeblood of our nation. There is now ami there always will be. a storm of conflicting opinion about any tariff revision. We ennnot go far wrong when we base our tar- ils on the policy of preserving t,o productive activities, which enhance employment ami add to our national prosperity. Give and Take Again comes the reminder that we jmust not be unmindful of world condi- tions, that peoples struggling for in jdnstrial rehabilitation and that we i cannot dwell in industrial and political seclusion and at the same lime do the I Just thing in aiding world recognition i and readjustment. We do not seek a elfish aloofness, and we could not I profit by it, were it possible. We lecognize tne necessity of buying wherever we sell, and the permanence of trade lies in its acceptable ex changes. In our pursuit of markets wo must give as well as receive. , We cannot sell to others who do not pro ditee, nor can we buy unless we pro duce at Inline. Sensible of every obli gation of humanity, commerce and fi nance, linked ns they are in the pres ent world condition, it is not to be argued that we need destrov ourselves to be helpful to others. With all my heart, I wish restoration to the peoples blighted by the awrul world war, but ithe process of restoration docs not lie in our acceptance or like conditions. I It were better to remain on firm I ground, strive for ample employment ami nign standards of wages at home, and point the way to balanced budgets! rigid economy, and resolute, efficient noih as tile necessary remedies cure disaster. to Everything relating to trade among ourselves and anion:: nations has been expanded, excessive, inflated, abnor mal ami thore is a madness in finance i which no American policy alone can cure. We are a creditor nation, uot by I normal processes, but made so by war. j It is not un unworthy selfishness to I seek to save ourselves when the pro I cesses of that salvation are not only .not denied to others hut commended jto them. We seek to undermine for others no industry by which they sub 'sist; wo are obligated to permit the I undermining of none of our own which make for employment and maintained activities. Kvery contemplation it little mat ters In which direction one turns, mag nifies the difficulty of tariff legislation nt the necessity of the revision is j magnified with it. Doubtless we are Justified in seeking a more flexible policy than we have provided hereto fore. I hope a way will be found to jmako Tor flexibility and elasticity, so that rates may he adjusted to "meet .unusual and changeable conditions which cannot be accurately anticipat ed. There are problems incident to unfair practices, and to exchanges which madness in money have made almost unsolvable. I know of no man ner in which to effect this flexibility other than the extension of the powers of the tariff commission so that it can adapte itself to a scientific and wholly just administration of the law. ) I am not uninindrul or Ihe constitu tional difficulties. These can be met by giving authority to the chief execu tive who could proclaim additional dut ies to meet conditions, which the con- giess may designate. At this point I must disavow any de sire to enlarge the executive's powers - vi ctl P'- 'M' work wnll( you rnscarets never stir you up i iit Halts. Pills. Calomel, or on and they cost only ten cents a box. .Children love Cabaret,, too. Adv. or to add to the responsibilities of thftinna! requirement and guard against j office. They are already too largo. If disaster. ) there were any other plan I would pro-! The base of the pyramid of civiliza-j lor ii. 'tion which rests upon the soil is; The grand of authority to proclaim ' shrinking through the drill of popula- would necessarily bring the tiiriif jtion from farm to city. Kor a genera--commission into new and enlarged tion we have been expressing more or: activities, because no executive could j less concern about tMs tendency, discharge such a duty except upon the I Koononilsts have warticl and states-, information acquired and recom:nen- men have deplored. We thought for a dations by this commission. Hut the, time that modern conveniences and plan is feasible, and the proper func-Jtiie more iiititnate contact would hall tionlng of the board would give us a' the movement, but It has g.me stead-' better administration of a defined pol- icy than ever can be made possible by tariff duties prescribed without flex ibility. There is a manifest difference of opinion about the American valua tion. Many nations have adopted de livery valuation us the basis for col lecting duties; that is, they take ihe cost of Imports delivered at the pi-it of entry as the basis for levying duty. It Is no radical tb , arture, in view of the varying conditions and the disor dered slate of money values, to pro vide for American valuation, hut there can not be ignored the danger or such valuation brought to the level of our own production costs making our tariffs prohibitive. It might do so In many instances where imports ought to be encouraged. 1 believe congress ought well to consider the desirability of compromising alter nates. Money Flexibility In this proposed flexibility, author izing increases to meet conditions so likely to change, there should also he provision for decreases. A rate may he just today, and entirely out of proportion six months from today. If our larlffs are to bo mado equitable, ami not necessarily burden our im ports and hinder our trade abroad frequent adjustments will be noces sary for years to come. Knowing the itnpossiblity of modification by act of congress for any one or a score of lines without involving a long ar ray of schedules, I think we shall go a long ways toward stabilization, if there is recognition of the tariff com mission's fitness to recommend urg ent changes by proclamation. I am stir about public opinion favoring the early determination of our tariff pol icy. There have been reassuring signs of a business revival from the deep slump which all the world has been experiencing. Our unemploy ment which gave us deep concern only a few weeks ago, has grown encour agingly less, and new assurances and renewed confidence will attend the congressional declaration that Ameri can industry will be held secure. -Much lias been said about the pro tective policy for ourselves making it impossible for our debtors to dis charge their obligations to us. This is a contention not now pressing for decision, if we must choose between a people in idleness pressing for the payment of Indebtedness, or a people resuming the normal ways of em ployment and carrying the credit, let us choo30 the hitler. Sometimes we appraise largest the human ill most vivid in our minds. Wo have been giving, and are giving now, of our inrhioitce and appeals to minimize the likelihood of war and throw off tlie crushing" burdens of armament. It is all very earnest, with a national soul impelling. Hut a people unem ployed and gaunt with hunger face a situation quite us disheartening as war, and our greater obligation to day is to do the government's part to ward resuming productivity and pro moting fortunate and remunerative employment. Aid to Fnriners Something more than tariff pro tection must help agriculture. The farm has come near readjustment. The actual depression in our agricul tural industry while agricultural prosperity is absolutely essential to the general, prosperity of the coun try. Congress has sought very earnestly (o provide relief. It has promptly given such temporary relief as has been possible, but tho call Is Insist-' ent for tho permanent solution. It is inevitable that largu crops lower the price and short crops advance theni. No legislation can euro thut funda mental luw. Hut there must be some economic solution for .the excessive variation in returns for agricultural industry. It is rather shocking to he told and to have the statement strongly sup ported, that H, bull, 000 bales of cot ton, raised on American plantations In a given year, actually will be worth more to the producers than 13,000,000 bales would have been. Kqually shocking is the statement that 700,000,000 bushels of wheat raised by American farmers, would bring them more than ' a billion bushels. Yet "these are not ex aggerated statements. In a world millions who need food and clothing which they cannot get Tho Remedy In the main the remedy lies In dis tribution and marketing. Kvery pro per encouragement should be given to the co-oiierative marketing programs. These have proven very helpful to the co-operating communities in Kurope. In Itussla the co-operative community has become a recognized bulwark of law and order and saved individualism from engulfnient. I'lllniately they will be credited with the salvation of the Russian state. No one can dispute that we cannot live without the farmer. He is justi fied in rebelling against the transpor tation cost, (liven a fair return for his labor, he will have less occasion to appeal for financial aid, and given as surance that his labors shall nfit be in vain, we reassure all the people of a production sufficient to meet our na- ily on. Perhaps only grim necessity will correct it, but we ought to find a less drastic remedy. Freight Rates The existing scheme of adjusting freight rales has been favoring the basing points, until industries are at tracted l some centers and repelled Irani others. A great volume of un economic tiansporiatiou has resulted ami the cost accordingly. The grain milling and meat packing industries alford ample illustration and the at tending e -ncentration is readily appar ent. The menaces in concentration are not limited to the retarding influ ence on agriculture. Manifestly the conditions and terms of railway trans portation ought not be permitted to increase the undesirable tendency. We has a just pride in our great cities hut we shall find a greater pride in the nation which has a larger distribution of Its population into the country, where comparatively self sufficient communities may blend agriculture and manufacturing interests 111 har monious helpfulness and enhanced good fortune. Such a movement con templates no destruction id things wrought, of Investments made or wealth Involved, it only looks to n general Kiliey ol' transportation of dis tributed industry and of highway con struction, to encourage the spread of our imputation and restore the proper balance between city and country. The problem may well have your earnest attention. ' Humanism It litis been perhaps the proudest claim of our American civilization that in dealing w ith human relationships it has constantly moved toward such jus tice in distributing the product of hu man energy that it has improved con tinuously the economical status of the mass of people. Ours has been a high ly productive social organization. On tlie way up from the elemental stages of society we have eliminated slavery and serfdom and are now far on the way to the elimination of ixiverty. Through the eradication of illiteracy and the diffusion of education man kind has reached ti stage where we may fairly say that in tlie United States equality of opportunity lias been attained, though all arc not pre pared to embrace it. There is, indeed, a loo great divergence between the I ' mile conditions of the most and t"o least lavoreu classes in tlie com munity. Hut even that divergence has now come to the point where we bracket the very poor and the very rich together as the least fortunate classes. Our efforts may well be di rected to improving the status of both. While this set of problems is com monly comprehended under the gen eral phrase "capital and labor" it is really vastly broader. It is a ques tion of social and economic organiza tion. Labor has become a large con tributor, through its savings, to the ylock of capital; while tho people who own the largest individual aggregates of capital, ure themselves often hard and earnest laborers. Very often it is extremely difficult to draw tho line of demarcation between tlie two groups; to determine whether a par ticular individual is entitled to he set down as laborer or as capitalist. In a very large proportion of cases he is both, and when h els both, lie is the most useful citizen. The right of labor to organize, is just us fundamental and necessary as Is the right of capital to organize. Tho right of labor to negotiate, to deal with and solve its particular problems in an organized way, through its chosen agents, is just as essential tis is the right of capital to organize, to maintain corporations, to limit the liabilities of stockholders. Indeed, we have come to recognize that the limited liability of the citi zen as a member of a labor organiza tion closely parallels the limitation of liability of a citizen as a stockholder in a corporation for profit. Along this line of reasoning we shall make the greatest progress toward solution of our problem of capital and labor. In the case of the corporation, which enjoys the privilege of limited liability of stockholders, particularly when engaged in the public service It is recognized that the outside public has a large concern which must be protected; and so we provide regula tions, restrictions, and in some cases, detailed supervision. Likewise In the case of labor organizations, we might well apply similar and equally well defined principles of regulation and supervision in order to conserve the public's Interests as afrected by their operations. Just as It is not. desirable that a corporation shall hu allowed to Im pose undue actions upon the public so it Is not desirable that a labor or ganization shall be permitted to ex art unralr terms of employment or subject the public tu actual distresses in order to enforce its terms. Finally, just as we an; earnestly seeking for procedures whereby to adjust and settle po'.itlcal differences between nations without resort to war, so we may well look about for means to est- tle the differences between organized capital and organized labor without resort to those forms of warfare which we recognize under tho name of strikes, lockouts, boycotts and tin' like. As we have great bodies of law carefully regulating the organization and operations of industrial and li naui'iul corporations, as we have treaties and compacts among nations which look to tlie settlement of dif ferences without (he necessity of con flict in arms, so we might well have plans of conference of common coun sel, of mediation, arbitration and ju dicial distribution in controversies between labor and capital. To ac complish this would involve the nec essity to develop a Ihorough going code of practice in dealing with such affairs. It might be well to frankly set forth the superior interest of the community as a whole to either the labor group or the capital group. With rights, privileges, immunities and lnodeH of organization thus carefully defined, it should be possi ble to set up judicial or quasi judi cial tribunals for the consideration and determination of e.U disputes which menace the public welfare. In an Industrial society such as ours the strike, the lockout and ihe boycott are as much out of place and ns disastrous in their results as is war or armed revolution in the do main of politics. The same disposi tion to rcsonahleness, to conciliation, to recognition of the other side's point of view, Ihe same provision of fair and recognized tribunals and processes, ought to make It possible to solve the one set of questions as easily as the other. 1 believe the so lution Is possible. The consideration of such a policy would necossllale the exercise of can1, of deliberation. In tho construction of a code. and a charter of elemental rights, dealing Willi the relations of otuployer and employe. This founda tion In the law, dealing with the mod ern conditions of social and economic life, would hasten the building of the temple of peace in Industry which a rejoicing nation would acclaim. The Kx-Service. Mail After each war, until the last, the government has been enabled to give homes to its returned soldiers, and a large part of our settlement and de velopment has attended this generous provision of land for the nation's de fenders. There is yet unreserved approxi mately 1100,000,000 acres ill tho pub lic domain, 20,000,000 acres of which are known to bo susceptible of reclamation an dmadn fit for hollies by provision of irrigation. The government has been assisting In tho development of lis remaining lands, until the estimated increase In land values in tho Irrigated sec tions is fully $;00, 1100, 000, and the crops of 1120 alone on these lands lire estimated to exceed ? 1 00, 000, 000. I'nder Ihe law authorizing these expenditures for development, the ad vances are to be returned, and it would be good business for the gov ernment to provide for reclamation of the remaining 20,000,000 acres, in addition to expediting the completion of projects long minder y Tinier what is known as the coal and gas lease law, applicable also to deposits of phosphates and other minerals on the public domain, li aseu are now being made on the royalty basis, and are producing large revenues to tho government. Fnder this legislation ten per centum of all royalties is to he paid directly to the federal treasury and of the remain der fifty per centum Is to be used for reclamation of arid lands by Irri gation and forty per centum is to bo paid to the states in which tho opera tions are located, to be used by them for school and road purposes. These resources are so vast and tho development Is affording so reliable a basis of estimate, that the Interior department expresses the belief that liitlniately the present law will udd In royalties and payments to the treasuries of the federal government and the states containing these pub lic lands a total of $12,000,000,000. This means, of course, tin added wealth of many limes that sum. These prospects seeni to afford every justification of government advances in reclamation and irrigation. Contemplating the inevllublo and desirable increase or population, there is another phase ol reclamation fully worthy of consideration. There are 79,000,000 acres or swamp and cut over lands which may bo reclaimed and made as valuable as any farm lands we possesB. These acres are largely located in southern states, and the greater proportion Is owned by .the states or by private citizen's. Congress has a report of the survey of this field for reclamation and the feasibility is established. I gladly commend federal aid, by way of ad vances where state and private par ticipation Is assured. Homo making Is one of greater benefits which government can bo stow. .Measures are pending embody ing these sound policies to which we may well adhere. It Is euslly possi ble to make available permanent homes which will provide, In turn for prosperous American families, with out Injurious competition with estab lished activities, or Imposition on wealth ulready acquired. While we are thinking of promot ing the fortunes of our own people, I am sure there is room in the sympa thetic thought of America for fellow human beings who are sufreriug and dying of starvation In Itusisa. A se vere drought In the) valley of the Volga has plunged l.", 000,000 people into grevibus famine. Our voluntary agenrles are exerting themselves to the utmost to savo the lives of child ren In this area, but It Is now evident li. ded the loss of life will et liens. America :il not be such a call as thai. No Kll--iail IP'ei'Ulllliou We do net rc.-or.iii;'.c ih.- , no-lil ol' KusM-i el' t.-ld'atc tie Kanda wbi.h emanates then lr. opc- bot se do net f.-i;;ei the traditions of Kn-isiau 1 l iendship. We may put aside our cooMderatleti of ail intej national . polities and fundamental dil rieultics . in government, 'ihe bis thing is the call of the suffering and ihe dying. I'nreseivedly 1 recommend the ap propriation nec ssai y to supply the Ar.uinan relief .ulmif.istra:ion with' ten million bushels of t e: n and one million bushels of seed grains, not j alone to halt the v.ave of death ( through starvation, bin lo enable, spring plaining in areas where the. seed mains have been exhausted lull-, porai-ily lo stem starvation. Tlie American l . lief adniinisl ral ion is din fled in Kussni by former of-j liceis ol nor own armies, and basj fully deic. a-lrated its ability to trans port and ..isliiblite relief through American bauds without hindrance or loss, 'file lime has come to ndd the governments upport to the wonderful relief already wrought out of Ihe generosity of the American private purse. I am not unaware that we have suffering and privation at home. When il extends the capacity for the relief wilblil the states concerned, it will have federal consideral ion. ltl seems to lue we should be indifferent j to our own heart promptings, and out of i rd with the spirit wbieh ac claims the Christmas tide, if we do not give out of our national abun dance to lighten this burden of woe upon a people blameless anil helpless ill a famine's peril. There are a full score of topics con cerning which it would be becoming to address you, and on which 1 hope to make report at a later lime, 1 have alluded to the things requiring your earlier attention. However, 1 cannot end this limited address with out a suggested amendment to the or ganic law. Many of us belong to that school of thought which is hesitant about alter ing the fundamental law. 1 think our tax problems, the tendency of wealth lo seek non-taxable investment, and Ihe menacing increase of public debt V0U WILL NEVER wish 0, pills after having once t!:at nnl Better than Pills lets. They are easier and more pleasant to take, more gentle and mild in their action and more reli able. They leave the bowels in a natural condition, while the use of pills is often followed by severe constipation, requiring a constant increase in the dose. Every bottle guaranteed by your druggist. Attention, Mr. Rancher! t will pay YOU to keep your foot dry and warm working in your orchard. Men's All Rubber Pacs, "Goodyear" brand, all sizes, Our low price $4.50 Men's All Rubber Kneo Boots, "Q-oodyear" brand, all sizes. Our low price. . ,$5.50 Men's Extra Heavy Dull Rubbers to wear over leather shoes, "Goodyear" brand, all sizes. Our' low price $2.50 TIicso numbers are. al! warranted fresh from Hu; factory and will stand tlie gaff. "Good Shoes" OOCOOOCCOOOOOOOOCGOCXXOOOOOOOOOCOOCOOOCCCOCOOOOCOOOOO Your family and friends want your picture. 1 Have it made now for Christmas In Olivetone and g "On the Ground Floor" g 8 217 East Main St. Modford g OOOOOCOOOOOOCCKXXOOOOOOCWCKK)OOOOCOOOCOOCKX000000000'J !' d-'ial. Mato an I ni u n i-'ipa 1, all w- 1! ju.- i:os a iji'o!(,:-:i1 to change the .-.-;: I it m i-.u so .i.-i lo ,nd tile issue of non-tax . i i i if lend-. ,'o action can eh'lt'.ge the statllS et" 'lie II ' a 11 V biPiOUS o-.ilsta-.alme, l.ni uc can guard against tr.tme encouragement el capital par alysis, while a halt in the growth of public indebtedness would be bene-l't--ial to oie. whole land. Such a change i:l ihe coa..-iitiitioii must be very thor.-'auhly considered before . . 1 1 1 1 1 1 e -n. There ought to l-o known what i ni'lueiK e it will have on the in-eviiat-1" refunding of our vast na tional debt, how it will operate on the necessary refunding of state and mu nicipal debt, how the advantages of nation ow-r state and municipal, or the contrary, may be avoided. Clearly ihe states would not ratify lo their own apparent disadvantage. I suggest tlie consideration bi-iause the iliil't el' wealth into non-taxable seeu lilies is hindering the flow of large capilal to our industries, inaniil'ae-turiu,;- agricultural and carrying, until we are discouraging the very ac tlviiies which nuiku our wealth. Agreeable to your expressed deslro and in complete accord with the pur poses of the legislative branch of the government, there is in Washington, as you happily know, an internitlloiui) conference now most earnestly at work on plans for the limitation of armament, a naval holiday and Iho just settlement of problems wbieh mifht develop into causes of Interna tional disagreement. It Is easy to believe a world hope Is centered on this capital. A great accomplish nient is not Improbable. SOME THINGS I OF INTEREST Tho Poultry Producers' Associa tion of MiNll'ord shipped UG.-I57 pouiuhi of (lrorcil turkoya for th. ThankHplvintf liiarki't, thin being tho InWNt .shipment ever mndo from this valley. The uuulity of them birds were so fine, that cm their arrival at Siin Francisco, the government took' lii.ono pounds of thiH lot. Adv. mm to take another dose of used Chamberlain's Tab-1 21 N. Central Holiday Specials The new and very popular Easel Style Portraits $3.00 and $5.oo per dozen Capatone Shades WEM'S ZTUDI0