The Evening herald. (Klamath Falls, Or.) 1906-1942, December 28, 1920, Page PAGE TWO, Image 2

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TUESDAY, nCKMJlKIt 88,
1030.
THE EVENING HERALD,-KLAMATH FALLS, OREGON
TAtiK TWO
reminded Harding of tlioio childhood
days when ho fished from tho tow
j)thT
Peasants Believe Spring Holy
The Office Cat
dfeywjygiM
Tho
him-
11Y JUNIUS
VMAMAMMAMMAAMAMMMAMMA
Cum!
I'm off o' tho game for life.
Yes, dono with It onco for nil;
No more ahnll I swing n driving Iron
Nor hunt an elusive hall.
I
How oft, in opproprlato togs nrnvcd,
Havo I sallied forth at dawn
To wallop a pill 'round tho dewy
course
But thoo old days aro gone.
I'm off of tho gams, as I said, for life.
Slnco a saphcad had tho gall
To ask mo, lamping my kit of club,
To fix his parasol!
The I'umlly Skolton
It so happended that ono of
Herald's little nowshoys found
self tho fortunnto possessor of $2 on
Christmas eve. nnd, wishing to buy
his daddy a Christmas present. Not
Not knowing what to buy, ho sought
Mrs. Murray's assistance and shu
graciously nccompanled tho little fol
low on his shopping expedition.
Tho next day, after the nrtlcloi
purchased had been presented tj
"dad," tho little glcr confided In tho
latter, thinly:
"Say, dad, you know when Mis
Murray went with mo to buy present
last night, wo didn't know oxirtl-.-what
to get. First Mrs. Murray said
to buy you a pair of wool socks, nnd
a pair of cotton socks, nnd then sho
changed her mind becnuso sho said
you'd bo wearing tho cotton ones ono
day, and tho wood ones tho noxt
And, bcllae me,, did, I was glad
too, because t hated like the dickens
to tell her that ou vrnsn't In the
habit of changing jour socks every
day."
Slim lYtniHTt f "Clircr'
Sometimes It looks llko there is a
general conspiracy to rob Christmas
of Its cheer. For Instnncc, the list
halt of the consolidated taxes, which
relieves you of about $50 at a time
'when you rcqulro It urgently for
Yuletldo purposes.
And the bill for six tons of coal
which arrives about Dec. 1 after a dej
lay of 90 days.
And the doctor's bill for services
rendered last summer.
And the distinctive and devasta
ting storm that Imposed the need of
new roof, taking flSO sesterces out
of a pocket already dcploted.
And the regular fall and winter
seeds In apparel for the family,
which bunch up at a time when you
are vainly struggling to bold a few
dollars together for Christmas activ
ities. From perhaps September on to
December you get the Idea that you
I'nnt In Ir.Mnlliurut
(From tho Detroit News.)
Lamped on Itandolph street
"Try theso pants n! Ho leg."
Seats free. Standing room only,
maybo.
"Does your boyg show dctormlnn
tion?" i
"ics, h.e has spent the whole day
blowing soaj bubbles and trying to
Pin ono of them on tho wall."
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' I I I - I"
"2379 autos stolen In state In IS
months:" Headline. Why should
anyono go without one?"
Something the Matter
Mexico Is such a quiet neighbor
hood these days thai Tcxasvis con'
templatlng breaking down the door
to sco If the whole tarnation family
has been asphyxiated.
If He Look For It
"There's none so blind,"
Said Orandpaw Hubbcl,
"Dat he kin find
His share of trouble
are gathering n little money together'"' So' WILL .UltMHI
with a gladsome Yuletlde, and then,
as if by preconcerted arrangoment,
forgotten creditors come out of tho
woods and make a mats attack and
the flow falls.
The troublo Is we don't commtneo
tar enough In advance to prepare for
Christmas. We ought to commence
QlUUTKIMiY O.V Kill 1'HOlti.K.MS
UNIVERSITY OF OP.ECON, Ku
gene, Dec. 28. The University of
Oregon law school has completed
plans for the publication of a law.
review, to be Issued qartcrly. Tho
first issue will be ready for dlitrl
bout Dec. 2G for tho next Christmas but,on nbout ,b lr,t ot APr"' ho
and lasso each wondering dollar for
the fund, and put the fund where
you can't reneg on it.
We can't all take a sand bag and
go out and tike It away from peo
ple on the street. Somebody has got
to savo money, otherwise there would !on ,aw' whlch Uo not require extcn
second about Juno 1.
Tho publication will be devoted to
problems of Interest to the Oregon
bar. It will consist In part of arti
cles, and In part of editorial notes
on Oregon cases or on topics of 0 ro
be no easy money.
Still, we can't help reflecting that
the fellows who have been carrying
a sand bag and taking It away from
citizens on dark nights are In bet
ter shape for Christmas cheer than
most ot us are.
Cap. Siemens wonders If the canal
slve treatment
The law factulty plans to use the
services of a limited number ot sec
ond and third year students In the
preparation of the editorial notes.
Let us tell you about batteries
freezing in cold weather. Link River
Battery Station, 18-31
Atplno peasants In Switzerland regard this spring, located near Home,
as holj; After tho big tree had obtained Its growth, peasants ono day
noticed, water trickling from a cravlco In thu bark Thoy bored u nolo
and cool water spurted forth. It has flowed constantly for years.
Better Money Conditions Are
Predicted by N. Y. Banker
lly JAMKS, N. . I.K.WIN I) Kit, 1'rcs- expand bink credit to an extent that
Idem, .Nutlonul ILink nf Cone Mould not have been feuslblo under
memo in New York
"You'll Always Find"
says the Good Judge
That you get more
genuine satisfaction ,
at less cost when
you use (his class of
tobacco.
A 6mall chew lasts
so much longer than
a bill chew of tho
ordinary kind. And the full, rich real
tobacco taste gives a long lasting chewing
satisfaction.
Any man who uses the Real Tobacco Chew
will tell you that.
Put up in two styles
W-B CUT is a long fine-cut tobacco
RIGHT CUT is a short-cut tobacco
fit iL. .KrZ-rur
Ouch! Lame
Rub backache. Lumbago. Soreness
and stfjfhess away-Tijr (fjisf
m
w
C5
A. , VX
JW
r
Bsk hurt youT Can't straighten less and doesn't burn or discolor the
4 without feeling suddon peine, skin.
harp nchoa and twinges I Now Lis- Llmbor upt Don't" sufforl Oct a
tent That's lumbago, sciatica or may- small trful bottlo from any drug
be from a strain, and you'll gat itoro, and after ustnj; it Just onco,
blosaud relief the momont you rub you"ll forgot that you over had back-
your back with soothing, pcnetratlni: ache, lumbago or sciatica,
former unorganized banking meth-
ods which tho federal reserve, sys-
Uuslness men aro Justified In feel- tom has largely superseded
Ing confident hot tho money situ- Credit expanded to meet tho do-
atlon In tho United States In 1921 mands of tho times so thnt there was
will bo terv different matter from sufficient available to finance tho
wlnt it has been during 1920. Ccr-! volumo of business presslug for tic-j
tnln specific factors aro clearly -rec- cnmmodatlnn. It may bo admitted
ognlzable as tho chief ndverso forces that a largo volume of thrso demands
affecting bank credit during tho past of builncss for credit was not wise
eur, and there Is every reason for be- " prices became dangerously Infla-
llovlng thoy will not bo so powerful- ted and that business continued to
ly opcrath u In the year to omo. These expand without duo regard to tho In-
facta sprang Irresistibly from nbnor- 'cvltoblo reaction. lint, unlike prov-
mal circumstances In our nntlonnl'lous serious financial periods, the
life which nro passing nway. IJut at resulting situation was not compllcu
times their Influenco ln Impairing .teu and mado crltlral by n falluro of
the effilcency of our credit machinery icrcdll supplies to meot exigences or
was sogrcat as to cauio serious jin- by a sudden enforced contraction,
xlety. With the force of these In- throwing general business Into acute
fluenees modified, banking may ex- difficulties. There nor was a time
pect to servo tho needs of legitimate In 1920 when, It It had been ndvls
business with a less degree of credit. nblo, credit and currency could not
strain than prevailed In 1920. 'have been expanded even furthor
A brief retrospect will mnko clear. Tho banks novo been ablo to stand
Just what happened to our credit ro- hy all business which really dosorv
sources and perhaps sorvo as a gulae od assistance.
for business In tho year that lies Coincident with thu Increase In the
ahead. It Is sometimes as Import-, quuntlty of credit thuro dovol
ant to know what wo will not hnvolopod a serious dofoct In tho quality
to contend with, and may with rca-'of credit during this period of busl
sonable safety eliminate from our nons expansion and deflation Thn
plans, as It Is to know what wa must liquidity of credit became seriously
preparo to meet. 'Impaired. This resulted partly from
liuslncss entorcd tho opening weeks 'conditions set In motion by war fl-j
of 1920 with tremendous momentum nsneing ana partly from tho way
acquired In the rapid expansion that business was conducted
It had experienced In 1919. Tho In
itial causes of that era, which might
truly bo called one ot violent busi
ness activity, were tho great short
ages in goods ot virtually all class
es and tho Impairments of produc
tive forces growing out of tho war..
This condition was aggravated by un
bridled public buying resulting from
profitable buslnew, high wages and
an excess of work over uvollablo la-
Under theso general causes thnro
wero four rnitln specific rousons for
this Impairment In thn quality of our
credit. Tho first was tho volume of
government paper which from Its
character was not solMlquldntlng and
which continued to burden our bank
ing resources. The Issue of war pa
per In largo volumo was mado pos
slblo only by moans of nn expansion
of bank credit, which It was hoped
bor, bringing about an attltudo of i would bo liquidated by curront sav
Improvidence toward the future and Jugs ot tho public. Hut much ot this
a tendency to spend rather than to
save. There ensued a course ot rap
idly rising prices, which wore pro-
paper was not taken out of tho banks
and, In fact, a considerable volumo
was reinjected Into bank crodlt as the
ductlvo of active speculation. This basis for now loans to business Inter-
speculation prevailed not only In so- outs which had subscribed for bonds
curltles, but also In commodities and but later found thomsolvos unable
real estate; and It even Invaded tho to continue to carry thorn without
conduct of ordinary mercantile bus- banking assistance.
lness,
High prices, the volumo of bus!-
Another impairment to tho II
mi iy nf bni.Jc credit camo from the
ness and speculation resulted In an nation's transportation broakdown
oxpanslon of bank credit, which Inlonrly In 1920, duo to labor shortage,
turn stimulated tho upward tendon- strIkos and Inofflccnt oporatlon. Vast
cles In prlcoj, business and spocula-.amounts of goods worn tied up In
tlon. Theso aspoctH of tho situation frolght caro, waruhouson, sheds and
continued to exert a stimulating of- shipping rooms. It was Impossible
feet on ouch other during tho per- to market thorn and releaso the ere
iod of rising activity. Two clrcum-Mlts Involved. Kenowal of tho loans
stances mado posslblo tho unprece
dented expansion, of credit which ro-
was necessary nn a widespread ucnlu
In other words, thn liquidity of that
suited from thin movement. Ono portion ot our crodlt resource was
was tho greatly Incroonod Htocks of lost for tho tlmo being,
gold accumulated Injbo United Statoa A third factor hnu beon tho provn
from Euiopo'a payments for war pur-Mcnco, particularly In thn porlod of
chasca hero, nffordlng n groator mo-'rlnJni: prlcog, of tho-siioculatlvo with
talllc baso for crodlt than ovor bo- J.oldlng of largo stocks of K"ods froir
roro existed In this country. Tho mnrkH In tho expectation of high
cccona wao that tno fodoral roaarvo or prlcou nnd grontor profits. Theso
KASBBBBB1
4
WhiteTeeth, Healthy Gums,
a Clean Mouth
THAT It what you should irtk In
dentifrice. And It la esilly found,
If you wilt csre for your teeth ttiuUtly
with Klrmo Dental Cremt. And the
delightful nftcr-taite of Kleruo that
Cool, Clrnn, Klenio Keeling Is tatli
tying evidence of the good It does.
Step In and get tube today.
250
STAR DRUG CO.
Healthy Automobiles
A.
- y0f s91aB&
i -rn,'.j frri .njvrrn.
tfS&ss$B&
.!. I ., 'l
ss2Sriu.
St"-
You cannot expect your car to bo healthy all winter unless
you give It propor protection.
Sick Cars Are Expensive
1
Kxposuro to woathor causes troublo, deterioration and rapid
depreciation. Wet wires cause short circuit water on metal
parts causes rust. Tho paint on thu body wilt chock and crack it
tnolsturo Is allowed to collect and stand.
GIVE YOUR CAR A HOME'
Keep It Out of the Hospital
This company will help you.
Big Basin Lumber Company
Exclusive Representatives of the National
Builders Bureau
WOOD
DRY 8LAII costs you less than other woods. We can deliver
BLAHS moro promptly than blocks.
All our wood Is dry and well seasoned.
Deliveries are difficult at this season ot the year and price
are necessarily hlghsr, bat the net profit to as Is less, so ao ot
blame the wood man for the higher prices.
0- Peyton & Co.
"WOOD TO BURN"
WlXLAllD I'EYTOJf
Phone 535
OSCAJt riflCTON
419 Main St.
becauso
"Bt. Jacobs Oil." Nothing olso takes your back will novor hurt or caujo oystom, mado posnlblo tho moit offl- f.n.H n,,,t i,nv ii.m innrniv r,
out eorenoas, Jamonosa and stiffness any more misery. It novor dlaip- clont utlllritlon of th03o nold ro-
bo quickly. You Bimply r"u It wiu out pointo and haa boon lecommondod 80rvc0( 00 that It woa pracl'lcr.blo to (Contluuod to Page 3)
cornea tho pain. It la perfectly harm- tor CO yearn. Adv. '
4
. . .- . ..
Urder Your buit Wow
Prices of Woolens have been reduced Per- T.
feet fit guaranteed. Prompt delivery.
Your inspection invited.
CHAS. J. CIZEK,
Merchant Tailor
t, r
M-fr"-'M''''S"..44.4.44.5
Don't fail to read tho Herald Classified Ada.
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