Daily capital journal. (Salem, Or.) 1903-1919, January 03, 1907, Image 4

Historic Oregon Newspapers

Daily capital journal., January 03, 1907, Page 4, Image 4

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Newspaper Page Textm- - f I' I't h-. V f. ''A tf J h m k-r rr n FV i rC. if i l I I DAILY CAPITAL JOURNAL ML' HOPJEA BMOSm rmUtten awl Proprietor. I3 HUHRCIiHTION RATES. llj- Mail. Dtty Journal, one month .... 3Bc Dy Journnl, Uiroo montlis ..$1.00 DftMy Journnl, ono year 4.00 Wwkly Journal, ono year .... 1.00 By Carrier. DMgr Journal, per month .... 60c BEST PEOPLE DEDICATE Hlifconte Program Working Out for January Seven' teentli Tho licit l'ooplo on Earth will dedicate tliolr boautlful now Kh' hall in thl city January 17th, and xiw. to hnvo about 750 wonrors of tho antlont iind roynl pnrplo In tho city nt that tlmo. A itpcclnl trnln will ho run up from Portland, as tho Balein lodga lia "ono n coming" from down that way, harlnn nlwayi turned out In largo forco to moot tho do mond8 of tliolr uulifhbor of tho mo tropolla. Tho ordor nt Hnloin haa now nbout 325 niunihon, and with tho delounllon iiroiulnoil from I'ort land, Vancouver, Astoria, Alhany, ItoiohtirK and other iilncon, tho olty wll bo ovurrtin by thq unyoiit herd tfvvr. Thoro nro two commtttue appoint ed hy tho Halom loduo, na follew: On rpci'ptlon J. A. Onnon, J. V. Calbrtmth, Tom WlUon, V. Dur bin, II. I), ration and V. G. Bmlth. On dedication 12. H. Crawford, W. H. Pancy, A. V. notuon. An otahorato proitram U lioInK prepared that will bo niiblUlied latnr. It U Bolnx to tax tho hnapltnllty of fYou may match the prices but nev- cr the values Some values we aaW 10c Best Grade Muslin in Mill End Remnants. Now Is your time to lay in a swpfrfy of sow! muslin. Sale Price 6 1 -2c LaceCu ilafn $1.25 grade, 3 yds long, now. ,85c $1.50 grade, 3 yds long, nov.$1.Q0 $2.50 grade, 3 yds long now. $1.25. Bed Spreads $1 grade, large size, now. ..,,. $1 25 grade, large &Uc, now. ... 90c $1.75 grade, heavy size, now$1.25, MAILY tho city to tho utmost, and some Idea of tho magnitude of tho dedicator crowd can be had from the following, printed In tho Telegram of Portland Inst night: "Salem will he discovered and placed on tne map January 17," said Henry D Urlftln today. Ho Is ar ranglui? for the pllgrlmapo of tho Portland Elks to the state capital for the dedlmitlon of the new hall In that city two weofci trom next Thursday night. "And the oar short at'e won't bother niY olther." He continued, "for we've arranged for a whole ppe olal train If wo noM It. So far we figure there will be anywhere from 300 to 400 Bins who will mnko tho trip with us depondlng on the num ber that will Join us from Vancouver, Astoria and lodges In the crnstn part of the stale. "Charles Malarkoy and Joe Day will probably not go In Bd. Harris mini's nHvate car. Otherwise nil ar rangements aro going along as plan- meats aro go.nga.ong . ,., -, The feature of tho excursion Is nod. ?fv"r."v;:r jo uw uuuuj'iiin uu.. -- , li.no hnan flin Innvltnhln linn of tho Some of the rest of us " H?JT Ing to start logo her. De Canr o has , already taken I Is music out of cold," muiuhuuuu '" ' ....... nn.i !) imia urtim nn inn ico. ready for tho blow-out." Tho Bpoclal train will lenvo Port land nt 4slG o'clock Thursdny af tor- noon, arriving In Salem In tlmo for! dinner. After dinner tho town will bo drawn through a knot holo. and distributed to tho visiting brothers as souronlrs. It Is highly probnblo that tho leg- Islaturo will adjourn on tnai iay. in- stead of Krlday. for tho reason that Islaturo will adjourn on that day, In a majority of tho stato so.ons aro aJorlty members of tho ordor and will doslro to return to Portland on tho special Klk train tho following day. Portland lodgoNo. 112, la plnnnlng sonio special stunts, but tho com mlttoo refuses to divulgo tholr nn turo. Tho Joy. Of living Is to havo good hoalth Uso Ilprblno and you will havo bush ols of Joy. You need not be bluo, fretful nnd havo that bad tasto In your mouth. Try a bottlo of Her blue, n poaltlvo euro for all liver complaints. K. Harroll, AiiBtln, Tox , writes: "I havo used Horblno for ovor n, year, and find It n flno regula tor I gladly recommend It ns n lino modlclno for Dyspepsln." Sold by 1). J. Fry. ROSTEIN & GREENBAUM'S 1 2 DAYS CLEARAICE SALE of our don't We make no statements we cannot substantiate, offer no cannot show, quote no prices we are not able to make good. 50c Table Cloth MiH value for - nMnV. THUltshAV.JANlJAKlOOfl. CAl'lTAIi JOUKWAU, aaiiiw-t y HENRY CLEWS REVIEWS Business of Year and Predicts Good Outlook ForFuture The yoar Just closed has boon phe nomenal In many respects. It has not only boon a yoar of Industrial ac tivity In nonrly all civilized countries, but also one of oxooptlonnl political and social dovolopmont. Tho whole world appears to bo passing through an oxtrnordlnnry cyclo of progress the natural result of growth In pop ulation, development of natural re sources, jirosrosa In Invention and a , education ,"", .. .. wlMl t,B nr general advance In education bbii and r - - has also liron n year of almost world wldo penco; tho solo lmportnnt ex ception being tho deplorablo stcto of nffalrs In Russia, whoro a down-trodden peoplo nro struggling to break tho bonds of oppression. Both Eng land nnd Germany havo had n season of much greater prosporlty thnn usu' ul. In Gormnny tho courso of ar fnlrs nnanclnl and commorclnl 8trk,ngy roaonible! our ewn: whllo hM 0 )0ronc0(, n Brcat on. .,, ,, . ,,nr nlrnn,,v u.,iniln largomont of her nlrcndy wondorfully oxtonded foreign trndo. Franco, too, Is making progress nnd accumulating wealth rapidly, although moro or loss disturbed by social and rollglous dis sensions. Nearly nil tho Drltlsh pos- ionaalnna Infl 111! I n cr Pnnmln. Austrnllti Egypt nnd India, nro onjoylng unus ual buslnoss activity; tho only excep tion In that emplro being South Afri ca, which, though roVlvlng, contin ues to suffer tho nftor-oltects of war In Hplto of tho rapid Increase In gold production. Japan nppoara to ho rapidly recovering from its recent strugglo with Husela, nnd China Is awakonlng from Us long sloop nnd adopting Western clvllUntlon nt a rate which Is nmaztug. Tho noxt qunrtor of a century U destined lq seo great developments in Chines nnd Jnpnnoso torrltory, nnd no conn- Men's Wool Underwear. We have a large lot of odd shirts and drawers in all wool. Reg ular $1.25 and $1.50 values, Now 75c, Ladies' Underwear Good weight of flccce-Hncd cot ton underwear, cream colon an un matchablc value at our clearance sole. Price Now 20c end remnants; n double your money at the Sale Price 25c yd try will benefit more than the United States, i . At homo there has been no abate mCn of the estraord.nary business no Uvn which has amazed eone by Its breadth and continuity Tlio U n.ted States appears to be enjoylnB one of those marvelous bursts of owth which have more than once astonished tho world and upset the calculations of tbo shrewdest and most experienced observers. 'casi ng sis have, as usunl. been amply re rnted. and oven the optimist would hardly have dared to predict such de- . ' ... i.hvh tnkon nlaco In SSS.-i.tt."- century. One of tho prime u- this continued prosperity hna been a succession of generous ... Without those, such years as x .,., 4ftne ,i mnr would hnvo been im possible. Not only have our harvests, as a whole, been largo, but tho agri cultural classes gonerally havo re ceived very profltablo prices for their ........ fhn viniii or ccrcaia . -.., . oxc0g3 of mo Iinwuun v.,. - not quite so profitable na In tho pre ceding year. Anlmalo anu meui iu ducts, however, brought high prices, thus making tho year, as a whole, a successful ono to tho farmer. Cotton, too, has been a prolltnblo crop for several years past. Novor was tho American farmer so prosperous ns ho Is today; never waB ho so little In debt, nnd possessed of bo good n bank account, nnd novor boforo did no en joy so many of tho comforta of life. Tho rise In crop values during tho last few years added o tho former's Incomo much moro thnn tho lncroaso In yield, and has been accompanied by a ralso In land values, partly Jus tified, but sometimes running Into excess. Tho ndvnnco In prices has been chiefly duo to tho greatly In creasing demand for nil kinds of pro ducts until supplies havo boon re duced to a point of actual scarcity. Thoro scorns to bo no moro cotton, corn, wheat, hoof, pork, wool, butter or any othor staplo product than tho world needs; honco, very largely tho provalenco of high prices In nil ng rlcultural products. Commodity prlcos rulo high, but thoro li moro or loss complaint of tho Increased cost of living coming from thoso having fixed Incomes. Complaints nro also heard of in creased cost of production and doing bttslnesa. Organized labor has nl- ready secured to Itself n largo sharo Boys' Suits Have all received their share of slashing in prices $6.00 Suits, now $3.75 $4.50 Suits, now $3,00 $3.50 Suits, now $2.35 $2.50 Suits, now $1 25 Oilcloth Standard 20c grade during this sale Only Shirting 12 1-2c heavy twill, now. .9 of present prosperity. Organ. capital, too. has had its share Id in creased dividends! In fact organized labor, organized capital and tne u iff are largely responsible for tho in creased cost of living. The great out Z ! majority has received somo ben efit from Improved conditions, but In llrU desree than the interests referred to. Unless all signs fall, we aro likely to remain upon a hlfch price level for s-mo time to come. ..j ...i... ti,a rnimtlon arrives It is anu m" ... - . , .,, I probable that the extreme low too ' . . . i.i f rlnitrnas Oil Will of the last iiunuu u. w- , , iw. renoatod. Causae for higher prices as already snown ...,.a nn,l iuhmiIbx. There is a. UWb W"" f - disposition to hold tho great Increase j in tho supply of goiu rBiiuU.w. According to the report of tho direc tor of the mint, the world's output of gold In 1906 was ovor $400,000,000, 1 or moro than doublo 4hat of ton years , ago, nnd tho national bnnka and treasury of tho United States hold $955,000,000, agnlnst $200,000,000 ton years ago. This Is an enormous Increase In our nvailablo supply, and has unquestionably permitted a great and sound expansion credit. It would, of courso, bo folly to claim that such an immense Increase In tho basis of circulation and credit could ( have no effect upon prices. Neverthe less, that offect Is ofton exaggerated, j I H,nr tnrnna nrf nt WOrk Which havo n moro direct and pronounced offect upon valuos from that of tho gold supply. A brief Investigation ot tho markets will show that In man rnKos nrlcos aro high becauso of tho temporary exhaustion of supplies of raw materials, nlso that costs of pro ductions havo rlson to such an ex tent through tho ndvnnco In labor thnt hluli nrlcos for manufactured pVoducts aro Inevitable Tho great est advnncos hnvo boon In products of tho mlno. In tho stool trade, in building mntorlnls and in tonslles. Meats nro soiling at high prices, becauso of comparative scarcity, whllo corcol products, as said nbovo, aro frequently lowor than a yenr ago. Tho wholo problom of prices Is n com plex ono and cannot bo mndo to con form to any fixed theory or move ment. It is ovldont thnt wo nro pass ing through a cyclo of oxtrnordlnnry nronortlons nnd that tho top, ns re gards values, will not bo renchod un til consumption Is checked by prohib itive flsuros. Lot somo unforsoon blow fall that will Intorforo with de mand, and prlcos would melt in n manner very deiitructlvo to the theory Curtain Swiss Now is your time to buy from a large display of patterns at sale prices. 1 0c grade, now, yd 8c 15c grade, now, yd z 1 8c grade, now, yd . . . " 77771 2T5c 20c grade, now, yd 14C Ladies' Skirts $ l .75 skirts, now $1 .1 0 $2.00 skirts, now $1.25 $2.50 skirts, now $1 .75 $3.00 skirts, now $2.00 $4.00 skirts, now $2.75 Drummers' sample lines at half price. 15c yd 1-2c yd that high prices nro solely duo toJ creaso of tno goia supply. Nor m J It bo overlooked thnt socialistic tM doncles aro developing nta J which, if not successfully combatuj will threaten mo siuuiuiy or ouru (lustrlnl and social fabric. In conclusion tho prospects nro ih tlnctly in favor of another good bi ncss year, wuu iuuu imu j)roMsioa, (I) Wo must bo favored with nnmt, or good harvest. (2) Wo mult dU- courngo ovor-euiuiuoiico una reckle Rtioculatlon. (3) Wo must com the present strnln In tho loan market by the natural process of iiqudt tion rathor than dopondjng upon ljj. Ulntlon. (4) Wo muat rehi0Tt causes for social nnd political disco'?, tont by compolllng big corporation, to obey tho law nnd ceaso their ml nopollstic operations. inrrio riniion , . Cortnlnly smnshed a hole in the barrooms of Kansas, but Ballard'j Horehound Syrup lias smashed tl records ns a euro for coughs, broa-L chltls, Influenza nnd nil pulmonirj diseases, t. u. n , orion, ki writes: "i novo novor iounu a me cine that would euro a cough h, quickly as Ballard's Horehound Sji- up. I havo useu it tor years." g0H by D. J. Fry. The Bank Habit Possibly you who read thk havo neve&Jcopt a bank account If not, lot 3is suggest that you try the oxperfmont. You will find It helpful In many ways. Aside from tho fact that your monej will bo snfo from thoft and fire, such a habit tonds to thrift and economy, dlscipllno and a general understanding of business prlnd pics, all of which aro essential to buccoss. It also affords a conve nient method for tho payment ot bills; and, as tho chocks are al ways prosorved and returned to you, they servo na receipts for the amount paid. Wo will bo pleae4 to servo you as your banker. Co mo In nnd open a bank account Salem State Bant L. K. PAGE. President E. V. HAZARD, Casulef( If falling prices could be heard our estab lishment would sound like a j boiler factory. T ,, ft SALE NOW ON UNTIL JANUARY 16. flp7"? """"!?"'" ""