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About The Evening herald. (Klamath Falls, Or.) 1906-1942 | View Entire Issue (May 24, 1920)
PAOsrom ' VMaAr, BUT M, IftM THt tVENING HERALD, KLAMATH FALLS, OREGON 7 4 t ,",' n IV) The Erening Herald ' n . J. MURRAY FRKD SOUL! aty Editor Pabllshcd dally, except Sunday, by 1e Herald Publishing Company o( atb Fall, at 116 Fourth Btreet LECTURE TRANSLATES LIFE EXPERIENCE alani ml tit nntlnfllra at Klam lk Falli, Ore., for tranamluton thru tM asaUs ha second-class matter. Bebecrlptlon terms by mall to any Mcreea in mo unuea oibics; Itai mr 15.00 Ctaa Kanlh ................-. .50 . Member of the Associated lrrs. , - The Associated Press Is exclusively Willed to the use tor republication f all newi dispatches credited to It or not otherwise credited In this (per, and alto local news published Mreln. All rights of republication of spe cial dispatches herein are also re ferred MONDAY, MAY l, 1020 icT am rathwell Know Whsrotf H Speaks. ' Sir Thlllp Sidney one mid: "If a mnn would write poetry let him look Into his heart and write." What Is true of a poem Is tnio of a lecture With a real live strugglo In which he was often knocked down but never krweked out what more nnturol than that Sam Grnthwcll, lcourjr at Chau tauqua on the second ntteifitoon, should CAUSES BOi SHRINKAGE NEW YORK. May 24. A terrific arraignment of the reaction and waste which bare selxed on tho American people aa a cause for the amaent economic evils now threaten las tho nation was mado recently by RC. lfflnrwell, assistant secretary fine treasury, In an address before the Academy of Political Science at Wow York. Liberty Bonds and Vic tory Notes, be said, were never meant to, be' used as spending meney and tkolr misuse In that way Is the pri mary reason for the fall In price of these securities. "Since Armistice day," he contin ued, "the world has not only failed to aiake progress toward the restor ation of healthy economic life but in tact has receded farther from a soud position. We b&to failed to .restore peace and peace conditions In rope and la America, unsound eco aisle ideas hare is many Instances walled, aadtae effort Is being aaode tint here "and then there to tssaevve tho coaditloji of aosie of the esls at tho expense of all of the tootle. ' ,fAt this most ,crltical moment in Tho history of Europe, when. our own Uaanclal and economic stake In Eu roao'a affairs is so great that disaster there could only mean disaster here, asaay of our own people have turned (amblers and wasters. For plain llrlng and high thinking we have satotltuted wasting and bickering. Wo enjoy high living while we grum ble at the high cost of living of silk stockings and shirts for the poor, of aatompbllcs for men of small means of palaces for the profiteer and the tatocrat." Regarding the depreciation In the Market price of Liberty Bonds and Victory' Notes, Mr. Lefflngwell said: I the history of finance, no device vaa ever evolved so effective for pro- arlag saving aa the Liberty Loan oaaapatgns. A year ago, it was freely predicted by financial authorities that Victory Notes would shortly go to a, premium and 'that Liberty Bonds woald be selling at or near par with- Aa a year or two. "Every one knowa why these san alne expectations have not been re alised. With the armistice, and still tore alter tne victory Loan, our talk on "Getting by Your Hoodoo," a study of ohMaclc utid how to over come tlicm. GrnthweU's story Is not dry, nor filled with abMrnct theories, but a tncsrago of human Interest straight from tbe heart. He knows the value of faith, hope, optimism and exalted (deals. lie brines them to you with the enthusiasm of virile ninnhood and by force of his presentation Impels you to accept them for your own. people underwent a great reaction. Those who bought Liberty Bonds as a matter of patriotism but not as in vestors, began to treat their bonds as so much spending money. Thoso who had obeyed the injunction to borrow and buy Liberty Bonds Ig nored the complementary Injunction! to save and pay for tbem. A $50 bond In the hands of a patriot turned spendthrift was to him a 150 bill to be spent Saturday night or to her a new hat, and It tbe 150 turned out to be a I5 bill, small matter. This was the first and most Immediate cause of the depreciation of Liberty Bonds." Mr. Lefflngwell declared that In flation since the armistice Is attri butable to world Inflation and .the Internationalization of prices; heavy expenditures by our government, and reaction and waste among the people. "Our own prices are being Inflat ed," he continued, "and our own banking and currency pcsltlon ex panded by feverish speculation In European currencies, credits and se curities. Tbe government of tho United States has been slow to re- allxe upon Its salvageable war assets and to cut down expenditures. j "Instead of telling the people frankly and boldly that prices nro high because they aro wasting, wr fix prices and prosecute profiteer In order that tbe people may buy inure j and pay less. Instead of telling iho' people that Liberty Bends have de1-, predated becauso they are treating their bonds as spending money, v,e, clamor that the rate of Interest up'in tbe bonds is too low and urge a bonus to bondholders disguised as a refund-' ing operation. I "We must get together, stop bick ering, and face' the critical situation which confronts the world as wo should a foreign war. We must cut our government expenditures to the quick, abjure bonuses and realize promptly on all salable war assets, applying the proceeds to tbe war i .1 Chautauqua Presents Evelyn Birgel. These Tell the Story t v . . i -J. IS CI.KAIHIKM) I'Al'KU NUSI'K.MM Cl.KAHFIEI.D. I'a. The Uftlly - Public Spirit lum suspended, after 30 . years' publication. Tho high cost or ',' print-paper and labor was given us ' the catiso. it S . 'vyn towanha papkiw orir TOWANl)A. Pa. Tho Bradford Star, lulled for tho pant 25 yours, suspended May I on account of news print and labor troubles. Publica tion Will bu resumed when conditions return to normal. Tim Heporler Jcurnal, which had boon published .for SO years, discontinued publica tion April 29 for tho niiuo reasons. WANT IlkdlMiATION OK PAMKH fl MO AliEHTKIt, Okln. Ilesolutlons v strongly urging Oklahoma editors In use every pssslhlo meitim of conserv ing print paper were panned fit tho cloilng Houston of the Oklahoma Edi torial association hero Inst week. Thn resolutions urged every publish er In Oklahoma to not only econom Uo on print paper, but to raUo ad vertising rales. CHICAGO, May 20. Several hun dred dally nnd weekly newspapers were put out of business Inst year by tho shortago of print paper. It was stated Wednesday at tho final confer ence of members of tho Inland Dally Press association. '"The best remedy Is to sit tight and cllmlnnto non-essentials," ilobvrt It. McCormlck, one of tho editors et tho Chicago Tribune, advised tho members, ''such as enrtoons and ox tra Illustration. Wo have to pay tho price, for If wo don't others wilt, and they will use print paper for soap and other wrappers." HT. I'ATIIAIIINKS .lont.vu. M'.HIi:.MM TOIIONTO. Tho livening Jour nal, tho oldest St. Catharines news paper, tins suspended publication. It has lipen published as n dally since 1S33, the present proprietor, x niajor J. M Elson, having acquired it In 1910. FT. I'ltANVKM JUMPhV I'ltlt'l! TO ! TOIIONTO. Thorn U Iroublo agnln with thn paper mill lit Fort 'Frances, (int. Iiiiinudlntt'ly follow lug tho decision of Hi" Huproiuo Court Hint thn Hoard of Cpinmerco did uut pisses power to regulate thn snlii of miwsprlnt, thn Fort Frances company Jumped tho price to Us western Can adian customers to 1120. It has now notified number of them thnt It cnnnol let them htoo any morn papur. Tim situation In Manitoba and Has kiitelicwiin Inn become acute as n result of this action. LIMA i:VKNINl PAPintS MKIU1K LIMA, Ohio. Tho Times-Damn-crnt was purctuiHed by the l.lnin News Publishing company on May 1 mid thu News and Times-Democrat were merged as tbe Naws on May 3. W. J, Gulvln, publisher of tho Tltnes'Dcm" ocrat. becomes business manager and a stockholder In the llepubllcan-Ga-zetto, morning newspaper. mav iii:iiifi: to wi:i:ki.ii:m (HtANIl ItAPIDS, Midi Tim Mlrhlgnn Association of lloino Dallies has derided tu Insuo trl-weeHly edl Menu utter July 1 unit woukllon nflor .October I. If thn high prlco of paper continues. This will effect 2R dally new simpers with circulations ot less thnn 6,000. Frank II. Mines, presl di'nt of the UMOClutloii, mid mnnsgur of tbe Marshall, Mich., CUronlcIo, was delegated to li'dlty bediro the senate committee Investigating the newsprint famine. Nwwsprlnt in Italy Is selling at $34 to 3g a hundred pounds. 4. You will see from the above, all of which appeared during the past week, that the newsprint scarcity and high price is not confined to Klamath Falls or any particular section it is general throughout the united States and Canada. The Herald has felt the pinch since last fall. The subscription rate should have been raised months ago, but it was kept at the old figure in the hope that some other way out could be found. That hope, however, was useless and The Herald, like all dailies throughout the nation, had to bow to the inevitable and raise its subscription price. Beginning June 1, the subscription price of The Herald will be : V IlC . UJHI I fses' lt x nice iuiiiiuiki ! i v One Year ,..w 6.50 !l' Ml r jil l1" SPECIAL OFFER -A No assurance can be given at this time that these rates will remain in effect for any stated length of time. Indications now are that they will have to be advanced again by October 1, unless some of the plans under consideration for economizing on the use of paper will result in a decided saving. The Herald has no-desire to place an extra burden upon its subscribers, any more than subscribers have no desire to place an extra burden on The Herald. For that reason a special subscription offer is being made during the month of May, whereby you can effect a big saving for the next year. In order to make this special offer it will be necessaiy for The Herald to invest all of the money paid on these special sub scriptions in paper. This offer closes May 31. Under this offer the rates will be: Delivered by carrier within the city, 1 year 5.00 . Delivered by mail within the county, 1 year 4.00 , Delivered-by mail outside the county, 1 year 5.00 There Are Only EIGHT DAYS Left in Which to Take Advantage of This Offer. SM444-44MMt44.V O srMfflsWHPwflNHPbl Bs'ssssssWf JOHssssssW ssssOKfeJ&-JIssssMf sssssssssssssssk ,', -V- ' , yZ'X, A 4 7r Vjtf- TDsBssssssssssssssssss LH1IMMBW ssssssssssstss WKWMWM. I issssssssssssssssssKi-Ps ssV Vsssssssssssssssssssssssssssssssssslsssssmr j M& lF'4W4' . C debt. Wo must havo a national bud get with teeth in it. l "Anil nlinvn nit W. MIIRT WOHK AND SAVE. Wo must produce inoro, but moro important still, WE MUST CONSUME LESS." It might bo added that It Is not enough to savo unless thoso savings faro qafoly and profitably Invested, xv und It Is for this reason that thu treasury uupumnuiii nua uuopicu inu ,l8SUo of savings sccurlllos, War Suv . Ihgs Stamps and Treasury Havings Certificates, as a permanent policy. There Is probably no mora favorably known entertainer In tbe Caaotenqw M .today thaa Evelyn Bargelt, the talented cartoonist Last year she went overseas aa an entertainer for our boya In Franco. She bu retained wltb oak of sew nwterial and her appearance on the first night of tbe coming OaWaaqua will b one r.t tbe outstanding features of tbe week. FOItGKKH I'M' TltADK FHKKI.Y I.V 1IKHM.V DEHLIN, April 29, (Oy Mall). Fifty gangs of banknoto forgers havo been discovered and arrested In Ger many us a result of tho labors of a recently instituted special depart ment of the Itelchsbank dealing with counterfeit money. . New types of dorman bank notes are in course of preparation, which are claimed to be, absolutely forger- ITIVUIl M, INEW CONCRETE LINER I NAMED FOR HERO NEW UEKN, N. C, May 24. Named In memory of Major Archi bald W. Iiutt, tho young Ocorglai army officer who was uldo to I'resl dents Itoosovolt and Tuft and who lost Ills llfo In tho Tltunlc disast er, tho concrete passenger-carrying 'steamer Major Archibald Dutt Is bo- Ing put In ulinpo hero for servlco In tho trunsportutlon division of tho I war department. Tho vesnol was launched recently at tho Newport Shipbuilding corporation's plant hers und was christened with champagno by Mrs. T. F. Hlnes, wlfo of Ilrlga-ller-GuneraI Hlnes, England's latest und greatest but tlcshlp has kitchens that enn sorvn fourteen hundred menls In ten min utes and a bakery capahlo- of turn ing out fourteen hundred pounds of bread dnlly. Only n little moro thnn ten years ago Mr. Ilandloy-I'ngo, tho famous noroplano bulldor now vlslllng America, was aniinkiinwn electrlcnl engineer working for n wiigo of olgb teen dollars n week, Hlr Auckland (IcddoH, tho new llrltlsh nmbiiHsador at Washington, was n splendid ntliloto in his collugo days, mid oxcelled at Iltigby. A Claaslflod Ad will sell It. WOMAN OFFICIAL BUDAPEST, April 26, (Ily Mall). The first woman olected to office In Hungary Is Margareto Schlachta, successful Christian Nationalist can didate for the national assembly from the first district of this city. . .... . -,-i-,-,-.-ir,nnnjlJL, Western Floral Shop AAAMMMMMMVMr sslVSsrssssssssssssssssssssssPllUsW vi:h, vou ixjvk them Wo know thnt, nnd wo know that you will lovo our flow ers too. They nro so ox cjulsltoly beautiful in form and color, they havo such wonderful fragranco and daintiness, that thoy would ,wln over tho hardost heart. Our flower shop Is a thins; of beauty Just now come and see it. ' ' ', tf iVf fja - j 'X, MMMMMI", '-VlVrTrrrMSIIUIAilUUUL .V vn. I.. , u... l.. K' -.v Ipr-.