Medford mail tribune., February 26, 1923, Page 8, Image 8

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MEDFORD' MATH TRIBUNE, MEDFORD, PRECOX, MONDAY, FEBHUARY 2H, ' 1923
B
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Tho civil action of tho Amorlcan
6odi Fountain company of IloBtun,
Hues., against the Modford Grocery
company fur the collection of
4873.91 for a shipment of soda
fountain syrup, started lu circuit
tourt today. The defendant la rep
resented by Attorney Porter J. Jfoff,
iiid the plaintiff by Attorney O. C.
U.OKgS.
V The suit Is based upon the pur
chase of fountain flavors and syrups
Oh January 2. 1920, to the value of
55984. 25, payable one-half on do
Hvery, and the other bait in GO days,
if Too defense alleges tbo failure to
flnllver the matorlal until May, 1920.
rktisad s tinauclal loss, as March and
April are the buying months for
don lorn In the territory served by
(tie defendant and tho damage of
i'jOOO is claimed thereby.
!.Il is ' further alleged that tbo
goods were improperly made, and
shortly after dollvory "spoiled and
deteriorated." The defendant al
leges 11000 damages as a result of
above allegations, and requests S3G0
further damages from plaintiff.
the suit is expected to consumo all
Of today and until noon tomorrow.
UP 10 CONGRESS
t
Tbo Metropolitan Life Insurance
Company broke nil records in amount
M. business done In the year 1922, ac
cording to a report published today in
thli paper.. The amount of now busi
ness placed on the books exceeded the
phenomenal year of J 920 and was far
In' excess of what had been done In
1921,
: Particularly significant Is the fact
(hat industrial insurance, . which Is
taken largely by wage earners and
their families, had such a great vol
ume. The total amount of Industrial
Insurance placed during the year was
pver $776,000,000. The investment
Ituation is also good. The Income of
thb company Increased by over thirty
fight and a half million dollars that of
1921, reaching the total of $340,GCS,
$01. Tho assets of the company in
creased $144,267,300 and ut the end of
pijf year stood at $1,259,850,325. The
tuortnllt.y incroased somewhat as com
pared with tho previous yoar, and the
(btnl number of claims paid was
3fi,27.
rAloug with this grant increase on
the busluoss Bide, the wolfnre work
done by the company, In behalf of tho
health of 1U Industrial policyholders,
kept pace. Metropolitan nurses mado
nore than two million free visits to
tick Industrial policyholders. The
ponipany has distributed altogether
two hundred and seventy-two million
booklots and pamphlets giving hints
ca hygiene and prevention of disease
and this, In cooperation with the gon
eral activities which ure widening
iach year on tbo part of all official
fnd semi-official health organizations,
4 resulted in extending the 11 fo ex
poctancy among Industrial pollcyhol
4rn by eight and ono-hatf years since
1911.'
Tho second day ot the meetings
hold by the members of tho Flying
Squadron In our city was a success
in every way. Houorublo JnmeB H.
Woertendyko, the speaker of the sec
ond day, spoko threo tlmos, first in
tho morning at the regular service of
the Christian church; in tbo after
noon to a good sized audlonce and In
tho evening to a crowded house,
which was a union of all the churches
except the Methodist church,. North,
which hold the first of a series of
ovangelistlc meetings that night.
Mr. Woertendyke is a noted con
stitutional lawyer and has for some
oighteen years made a deep study of
tho wholo subject of prohibition and
bas during those years fought for
prohibition In every logltlmato way
possible. He only recently turned
down a salary offer from two big
corporations that would have given
him an Income of $12,000 to $15,
000, choosing rather to continue In
tbe prohibition fight at loss than a
third of that salary.
The Flying Squadron Is doing n
work of educating tho pooplo to the
facts of the law and tho dangor now
threatening, tho law and the part
which is tbe people's responsibility
In helping to keep that law. The
liquor forces, declared the speaker,
aro thoroughly organized In 22
states of this union with tho organi
zation reaching down Into tho coun
ty and township. Millions of dollars
have boen pledged to carry on the
fight for the dotoat of tbo Volstead
act The battle ground Is In congress
and It Is on the election of represen
tatives that tho wet forces are turn
ing their attention. If they can se
cure a majority vote in either house
they can Impede greatly the enforce
ment of that act or amend or defeat
If altogether. Our part, he declared!
is to see to It that our representa
tives are dry. The address was de
livered" with dnepest conviction and
clear cut expressisou.
I material by the ordinary manufactur
ing plant. Koch day's transactions
are practically complete. The live
stock lu placed In tho pens in the
stock yards. Tho buyers of tho vari
oug packors and other buyers who
ship the stock furthor cost go into the
yards in tbe morning and compete
with one another. Take tho Chicago
market as on example. Four of the
socalled 'big flvo' packers do business
in thla market.
"Dealing only with inspected
slaughter at Chicago, tho records
show that ns an average of recont
years Armour and " company has
bought 20.1 por cent of the cattle, 33.2
per cent of the calves, 20.5 per cent of
th hogs, and 30.G per cent of theenoe in tha market through the pur
sheep. Morris and company bas chase of Morris and company, would
bought 16.1 per cent of the cattle. 22 be Increased by 54 per cent At the
per cent of the calves, 9.2 per cent of j St Joseph market, the enlarged Ar
the hogs und 10.5 per cent of the mour company would handle 60.5 per
sheep.
"Assuming that, by the purchase of
Morris and company, Armour and com.
puny would be able to buy ns large a
percentage of the livestock as Morris
and company heretofore bought and
at the some time keep up their own
normal percentage. It would result In
Armour and company buying 36.2 por
""t of the cattle, 65.2 per cent of the
calves, 29.7 por cent of tho hogs, and
47.1 per cent of the sheep. It will be
Been from tbla that Armour's lnllu'
cent of the cattle, 61.6 per cent of the
calves, 62.6 per cent of the hogs and
26.4 per cent, of the sheep, doubling
tha percent Influence of Armour on
the basis of the inspected slaughter
ut that market.
Livestock Market Sensitive
"The livestock market is very sensl
tive. Jly the simple net of refraining
from sending their buyers into the
yurds promptly on time of any morn
ing of heavy runs, either of the larger
packers can very materially depress
tho market. Any act, therefore, which
materially Increases the buying per
centage of either of the larger packers
puts It In his power to substantially
lessen competition and depress prices.
"Producers of livestock need Bit the
competition Unit now exists.
"If this combination should be up
held, the company would still be
under the packers and stockyards act,
but it should be remembered tbut
under this act, if one of the large
packers wishes to stay out of the mar
ket I can do nothing to prevent that,
unless it can be shown to be for an
unlawful purpose or with unlawful
effect. ' Neither do I have any author
ity to limit the margins taken for oi-
' eratlons. . j
-Our authority covers trade prac
tices and acts which restrict -competition
or tend toward monopoly. We
i,v hnunl tHiwors of Inquiry to en
able us to Inrorm ourselve regarding
the business. If government super
vision were adequate to regulate tho
rclutlon between tho prleos paid for
i the livestock and the prices nt wnion
the meat and other products should bo ,
sold and seo to It that nothing mora
than a fair and just profit la exacted
it is quite conceivable thut by allow
ing the packers to combine in a largo
way great economies could be effecter
land the result might be helpful both
' to producers and consumers.
GREAT BASKETBALL
I
iRIALTOl
A Great
and Thrilling
Entertainment!
Now Playing!
TOM
MIX
in
"UP AND
GOING"
H'rIiows Tom Mis nt his
bi'8t. , It shows him not
pnly ns a dnring nml won
derfully skilled horseman
and rough nnd ready
fighter, hut as a canoeist
who is art expert of the
first rank.
Wednesday
PETER B. KYNE'S
riotous comedy of married
Life,
BROTHERS UNDER
THE SKIN"
A nnnfnuf ,Tinf ..Hit V,. flrrlil fonm
I v" " -'C.. ......
atnrt to finish will h ployed bi'tweon
tho teams of the Hoguo Klvnr and
Medford high schoola ut the Nut to
I night.
I On tho Nnt floor tho visitors will
not bo able to hand tho ball to each
. other an tlioy do at homo nnd theli
. Hhowlng will dnpend In a largo mnas
! ure on their nbility to pass. If they
. aro nccuruto nnd quick passers th
game, It Is believed, will bo a close
I one, but if they aro lost on tho Na
I floor, duo to Inability to pass, th
I locals aro expected to run up n safe
margin Iwrnro tho contest is very old
At uny rato, a content worth watch
, Ing will bo Htaged nnd tho local fnnH
i havo recognized this fact as is ovl
' denced by tho advance seat salo. Tho
, only contest of tho nenson that is ex
peeled to equal tonight's content for
Interns la that with Konoburg next
r riaay evening, March 2.
Considerable Interest has been
manifest In regard to tho contest In
tno rnnks of tho Kogue Itlvcr enthu
masts nnd a largo delegation of
rooters from that community Is ex
pociea.
"Pug" Itosn, O. A. C. honn enntnln
of last year nnd ft star of tho Aggies
team ror several years past, arrived
mis morning to referee tho contest.
Tho preliminary between Qranta
Tnss and Medford second teams will
begin nt 7:30 aharp according to the
m-uuoi oinciais.
LOCAL FIRE DEPT. FIRED
(Continued from page one.)
a young man of flro experience and
ntiiid up a new department around
mm.
Mayor Oaildls aim plans under tho
reorganization plan to make more
use of. and nioro efficiently organize
mo vuiumocr rirrnu-n Into a hard
working organization with tho paid
ueituriuieni.
WILL FIQHT ARMOUR CO.
(Continued from page ono.)
I
company and Morris nnd rompnuy
Mint formal proceedings would be insti
tuted as 1 hnd previously stated to
thorn, nnd our attorneys nt onco begnn
to prepare tho complaint which has
now been Issued.
"Whether tho proposed purchaso of
Morris nnd company is in violation of
tho low Is a matter far final dotonuln
ntlon. It uiny bo argued that by com
bining theso businesses of Armour
nnd Morris, tho enlarged conrern will
bo In n position to compote, nioro vig
orously becatmo of economies effect
ed. On tho other hand, tho refinanc
ing Involved mny also place nn nddl-
iionui oumon on tho Industry. Above
all, there is a vital principle involved
whlrh cannot be Ignored. It will elim
inate one of the flvo largest packers
In tho I'nlted States nnd In my opin
ion it may result iu materially lessen
ing competition nmnng tho buyers of
livestock nt the vnrl
Is ono of tho things which the packors
and stockyards net was Intended in
prevent.
"It must lio remembered that com
potltlon In tho buying of livestock by
tbo packers Is different In Its charac
ter from competition In buying raw
1923
Why ....
Metropolitan
Policyholders
live Longer
Metropolitan has
distributed 272,
000,000 booklets
and pamphlets deal
ing with health and
longer life.
Metropolitan nurs
es have made more
than 16,000,000
free visits to its In-.
dustrial (1. e.,weekly
Metropolitan ex
tends free periodic
medical examina
tions to holders of
Ordinary (i. e.,
other than indus
trial) policies.
Metropolitan,
working with Na
tional, State and
Local Health Agen
cies, is waging a war
on Tuberculosis
and other prevent
able diseases.
Life expectancy
among Metropoli
tan Industrial Poli
cyholders has been
extended 8 i years
since 191 3.
Twenty million people mutually own the
biggest life insurance company in the
world. It is The Metropolitan.
One person in every six in the United
States and Canada is a holder of a Metro
politan policy one of the safest forms of
investment known to man. -J
Metropolitan policyholders live longer than
other people because The Metropolitan
takes care of its policyholders.
At the same time The Metropolitan is
working in cooperation with private, public,
civic, state and national organizations to
improve the health and living conditions
of every man, woman and child in this
Country and Canada.
Metropolitan
Life Insurance Gompany
' t Incorporated by (be State of New York. A Mutual Company.
HALEY FISKE, President FREDERICK H. ECKER, Vice-President
Business Statement, December 31, 1922
Assets
More than chose of any other Insurance Company in the World
Increase in Assets during 1922 .
More than lha( o any other insurance Company in (he World
Liabilities. '- . . ,..,, . ,
Surplus. . . .' ". .V
Income in 1922
More than thai of any other Insurance Company in the World
Gain in Income 1922 ................
More than that of any other Insurance Company in the World
Total Insurance placed and paid for itvl922 . . .
. More Chan ever placed in one year by any Company in the World
Gain in Insurance in Force in 1922 . . ......
More than that of any other Company in the World
Number of Policies in Force December 31, 1922 .
More than (hat of any other Company in the World
Number of Policy Claims paid in 1922
Averaging one claim paid for every 24 ucondi of each business day of 8 houri
Payments to Policyholders averaged $803.81 a minute oeach business day of 8 hours
Dividends payable to policyholders in 1923 ....
!
Insurance Outstanding '
ORDINARY (Insurance for the larger amounts, prem-v
iums payable annually, semi-annually, quarterly or
monthly)
More than that of any other Company in the World
INDUSTRIAL (Premiums payable weekly)
TOTAL INSURANCE OUTSTANDING
More than that of any other Company in the World
GROWTH IN TEN-YEAR PERIODS
. . $1,259,850,325.23
. 144.267.300.69
.-rtr 1,198,366,913.98
. 61,483,411.25
. 340,668,301.30
. .J 38,685,601.91
-A 1.802,110,686.00
801,849,118.00
27,384,445
365,276
. 20,809,398.56
$4,395,324,118
3,412,232,839
7,807,556,957
Ytu
1882
1892
1902
1912
1922
Income for the.Yer
$ 1,354,267.69
13,307,811.45
43,336,283.61
106,786,073.52
340,668,301.30
Anett at tad of Yew
$ 2,002,464.13
16.506.282.22
159,168,790.35
397,913,442.71
1.259.85P.32S.23
9iirnl..VnJMrv... Number of Polid. In OutitandJn. Inaur v
Surplus .1 End of Yw Forj. .t End of Yr .no En Jcrf Y..V
$ 379,907.13 341,632 $ 43,245,752 1882
.3,674,516.49 2,719,860 310,767,876 1892
10,351,338.02 6,976,651 1,219,166,427 1902
34,842,971.65 12,837,042 2,604,966,102 1912
6t,4S3,411.25 27.384.445 7,807,556,957 1922
1923
n
i
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S.!? ''I
'ISKrs.'M
Why
Metropolitan
Policyholders
Live Better
The Metropolitan
t Agent is a friend to
the families he vis
its and helps them
in case of sickness.
17,000 Agents visit
the homes of 17,
000,000 Industrial
Policyholders
weekly telling
them of the value
of sanitation, fresh
air and sunshine.
Among the useful
booklets distribut
ed by the Agents are
those telling how to
buy food, how to
care for food, how
to cook foodj how
to provide whole
some, nourishing
food for the least
money.
A Company is Qreat
only as it Serves.
PrejiJent
V-
W. Gaston iJomerrifip ina.ge.LforSoTuthe
v- itieirupi
210-211.212 Liberty Building
Metropolitan Life Ins. Co. of New York
Medford, Oregon 1 Phone 549-J
AGENCY STAFF i
JESSE T. PERRY, Agent, Medford LYNDEN C. NARREOAN, Medford JAMES L. RICHEY, Aland .
WWWJS wants rasa ; - OBERA MORRIS, Cashier
.v.. ,
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