Daily capital journal. (Salem, Or.) 1903-1919, March 18, 1913, Image 2

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    Editorial Page of The Salem Capital Journal
TUESDAY
Mar 18, 1913
The Capital Journal
Published by
The Barnes -Taber Company
GRAHAM P. TABER, Kdltor ana Manager
in Independent Newspaper Devoted to American Principles and the Progress
and Development of Salem In Particular and All Oregon In General
Published Hv.ry Evening Hicept Sunday, Salem, Oregon
SUBSCRIPTION RATES:
(Invariably In Advance)
Dally, by Carrier, per year ,v8.20 Per month.. fSc
Dally, by Mall, per year 4.00 Ter month.. 8Bc
Weealy. by Mall, per year 1.00 Bit months .50c
FULL LDAHBI) W1HB TKLKOIIAI'II KBI'ORT
ADYERTISING BATES.
Airertlslng rates will be famished on application.
"New Todny" al strictly cash In advance.
The Capital Jonrnal la more than anxious to give its subscribers the very
liest carrier service possible. II yon don't get your paper on time, Just
phone Vain 82 and a copy will be sent yon by special messenger. The
Capital Jonrnal management wants all Its subscribers to receive prompt
nd efficient service yoir complaints registered at this office will receive
careful attention.
BATTLESHIPS AS DEBT COL
LECTORS. A MILD sonsutlon was rocently cre
ated in tho house of representa
tives when Congressman John L.
Burnett, loader of tho opposition to the
increano of battleships, quoted parts of
a speeeh dolivored by Mr. William J.
Bryan at thn Molionk peace conference
lost year, says Fnirplay, a splendid
weokly, edited by Leopold Orahamo,
in New York. Now, thut Mr. Bryan is
tnte secretary, his observations do
rive additional forco as nn indication
of the policy of tho stato department
in regard to tho Latin republics. Mr.
Bryan said:
"I boliove that our nation can tako
a long stop in advanco by announcing
doctrines of this kind announcing
that its navy will not bo used for ths
eolloction of dobt; tbit, ai wo do not
LADD & BUSH, Bankers
TRANSACTS A GENERAL BANKING BUSINESS. SAFETY DE
POSIT BOXES. TRAVELERS' CHECKS.
fiin
all if1
DRESS SILKS
TIIU CIIICAlio STOKE is known as SALEM'S SILK HOUSE and
wo want to tell all our fri Is nnd customers that wo are hero with
the goods -tho urcnlest l'" wo over offered.
Price, yard 25c, 35c, 49c, 65c and up
i v 1
rA-V?'
money.
"Want" ads and
imprison peoplo bocnuso thee owe mou
py in this country wo will (.pply to in
tornational affairs tho voiy doctrines
wo apply to our nntioial atfairs, and :f
any ono in tho United States wishes to
invest money in another country be
must do so according to laws of that
country, and bo subject to tho authori
ty of that country."
It is highly probablo that when Mr
llryan mado this statement he had over
looked the fact that the United States
government, through its delegates to
tho peace conforonce at the Hague, in
1007, had alroady offically subscribed
to tho viow that armed forco should
not bo employed to colloct the debts
due by foroign statos to tbo citizens, or,
subjects of other countries. This doc
trine, enunciated by Dr. Drago, in bis
famous nolo to tho stato department in
1(102, has since been the thome of much
international discussion since that time.
Just
Received
by
Express
From Mr. Lackey, our New
York buyer, a grand assort
ment of tbo latest models in
LADIES' SUITS
modified styles tnlien from
tlio latest French garments.
PRICE
$7.50
$10.50
AND
$12.50
Only tint lain styles ami mate
rinls are shown.
Another New
Shipment
(if Ijidies' llinh Cass Shoes Velvet,
Suede, Patent dun Metal, ltl button
tans, ete. t'oino hero mid buy your
now spring shoes. Wo run save you
Price, $1.98, $2.50
$2.98 and up
It was finally submitted to tho Hague
conference in 1907 nnd approved by the
delegatos, subject to an unimportant
amendment proposed by Mr. Choate
and General Horace Torter, as repre
senting tho United States. Without en
dorsing tho views of thoso who are op
posed to a substantial increase in the
naval strength of this country, wo ar;
entirely in agreement with Mr. Bry
an's expressed opinions D9 to using
warshipB for tho protection of the
American investor in foriiga countries.
That is tho gist of tho Drago doctrine,
which is a logical sequence to the main
tenance of the Monroo doctrine. Q.i'te
apart from tho quostion of law a"d
justice involved in this principle, tho
consequences of a different course
might be very serious for the country
adopting tho view that the foroign in
vestments of its citizens, or, its sub
jects, should be protected up to the
point of a rosort to the use of urmed
force. Suppose, for examplo, that an
American investor, or speculator,
primed with tho knowledge that his
country would enforce tho fulfillment
of the external obligation of a default
ing foreign stnte, wero to go into the
market and purchase bonds of that
stnto nt a discount of sixty or seventy
per cent, nnd then successfully domand
the redemption of those bonds at par,
what, wo should like to ask, would be
tho terms on which the United States
could issue treasury bondsl Supposo,
again, that a speculator wero to visit
Colombia and gather in tho gronter
part of the paper currency which has
depreciated in value to tho extent of
ninety-nine per cent, would the United
Slates government send an armed force
into that republic to enable the Amer
ican speculator to recover a dollar for
each cent of his investment, merely be-
cnuso tho Colombian government had
placed tho Inrger par value upon the
face of its currency t Such a state of
affairs would not only drain this coun
try of its resources, but would ruin na
tional enterprise and produce financial
chaos.
I Tho Monroe doctrine enmo into exist
, puce as a result of the establishment
of tho independence of the Spanish col
onics on this continent, nnd the ques
tion of the employment of armed force
for tho collection of constructurnl
debts due by foreign states to the sub
jects of other countries has, so fnr,
only found application to the new
American republics. Portugal has been
a defaulter for tho last 400 years, and
haB even failed to carry out some of its
insolvent compromises. Yet no Euro
pean power has sent its ships of war in
to tho TaguB to enforce payment of the
debt in default. The countries of Eu
rope afford very littlo protection for
SALEM
MICAGOt
aiem
Is out for EASTER SELLING with tho choicest lines of UP-TO-DATE MERCHANDISE that we over had tho
pleasure of offering our numerous friends nnd customers. Every nrtielo in thia big storo sparkles with newness; and
tho best of all is our wonderful low pr'eos. This is tho storo thnt lias cut down tho high cost of living, and pays tho
highest wages.
Hosiery
Gloves, Laces
Convineing values are offered in thoso
depart ineiits. Let us prove it.
v f v v 2,.,.
1 1 fjl
the foreign investments of their sub
jects, which are obviously mado
through the alluring bait of a higher
return than could be secured by their
investments in their national securities
or undertakings. Tho reason for this
indifference on tho part of tho govern
ments of Europe aro very just and very
simple. In tho first place, to encour
ago investment abroad is to discurage
investment at home, and in the second
placo, it is only right to allow the prin
ciple of caveat emptor. It naturally
follows that investments which offer
highly lucrative yields carry propor
tionate risks, and it would certniulv
bo unjust if tho heavy taxation inci
dental to the maintenance of a large
army and navy wero imposed upon the
people of a country, ns a whole, for
the benefit of a few investors or spec
ulators. If Mr. Bryan, as state secre
tary, enforces the views expressed in
the quotation here given from the
speech delivered a year ngo, he will do
much to inspire the confidence of all
tho Latin-American republics in the
good faith and honesty of purpose of
tho United States in its relations to
wards them.
THE ANSWER IS FLAX.
THE CONDITIONS of the flax in
dustry in 1912 in Belgium, Russia,
Holland and Ireland have been
summarized by the United States con
sul at Belfast, which aro tho world's
great flax producers. America's pro
duction of this stupid is so small as to
bo negligible in estimating tho world's
crop. The report shows that prices
ruled high throughout the year, and
that tho price year by year is steadily
advancing due to the fact that produc
tion has not kept up with tho ever
increasing demand. In other words, tho
world '- demand has overtaken nnd
passed tho world's supply.
Ireland last year had 54,931 acres in
tlnx iie-uly tho whole of it bein in
County Ulster. The yield of fiber wns
."20.4 pounds to tho acre, or 14,572 tons
on all. Of this crop $2,213,873 worth
was exported to the United States from
Belfast, but at tho snme time this same
great linen center imported from Euro
pean countries 5t, 104 tons of raw mate
rial. In evory ono of tho flax-growing
countries named, the same story is told
of the supply being short of the de
mand. Hero in Oregon Eugene Bosso, nn ex
pert in flaxgrowing demonstrated that
the climatic conditions here were per
fect for flax-growing, and that Oregon
fibpr was second to none in tho world.
Mr. Bosso devoted much time to this
demonstration and was enthusiastic in
4 "fK
Busiest
Domestics
Seeing is Believing
Seeing is tho only way wo enn mukj
yon believe thnt wo show tho greatest
lock of Wash Goods in Salem. Price)
small,
Just
Received
From MISS TODD, our New
York millinery buyer, tho
choicest line of Faster lints
shown in Snlcin.
French and
American ,
Models
Nifty Hats at Small Prices
$1.98 $2.50 $3.50
and up
his. efforts to get the industry stnrted
here. He has shown tho way, and Ore
gon should certainly profit from his
experiments. j
Here is an ideal industry, ono that
would give employment to thousands
of people, and ono that Salem should
take hold of nnd build up. Hero nt her
doors aro thousands of acres of tho fin
est flax lands in the world, producing
ns Mr. Bosso so patiently and so thor
oughly demonstrated the very finest
fiber produced anywhere. Tho Santinm
hns thousands of horsepowor going to
waste less than 20 miles away, powor
that can bo sent over tho wires and
supplied here nt less than (1 a year per
horsepower. Salem wants factories,
larger pay rolls, and hero is the ideal
industry, ono that will employ skilled
labor tho year around, nnd lots of it.
If we aro to have factories wo must
produce something to manufacture. We
can't start rolling mills or blast fur
naces, nor can wo have oil retinmg
plants, unless indeed oil should bo
found at great depths. Wo enn't have
most of tho other big industries with
branches here cither for we havo not
tho material. Wo as yet havo no flnx,
neither will we have it unless we mnko
somo concerted effort to help ourselves
to it. Horo is something the Board of
Trade might well take np. With a lit
tlo concerted effort and a littlo back
ing, farmers can easily be induced to
make a commercial test of the matter,
say a thousand or two acres. With
thnt industry oneo on its feet hero, Sa
lem's population would grow by tho
thousands. Thero is no reason why in
stead of a thousand acres wo should not
grow 50,000 or double that, and there
is no reason why Salem as a flax cen
ter should not rivnl Belfast. It's up to
us to help ourselves, and tho growing
of flax offers the solutions of tho fac
tory and pay roll problem. You busi
ness men and property owners of Salem
think it over, and then try it out. We
can no more than fail, and if wo win,
the future of Salem no man can pre
dict. A Cure For Enema
Eczema In any form, whether ajute
or chronic, is easily and rapidly over
come by the use of Merltol Eczema
romody. Gives positive relief when
all othors fall, and we heartily rcc
commend It to any BufferoT. Capita'
Drug Store, exclusive agents.
Several of us can't get rich in In
flating real estate values.
Children Cry
FOR FLETCHER'S
r ASTOR' A
OREGON
tome
a Ik n
store
Ribbons
What do you think of a ribbon pur
chnso of 5(100 yards! Wo mado it, nnd
tho ribbons aro hero. Width over ."i
Inrhes; values up to 35 contu yard;
only tho best shades shown.
SALE PRICE, YARD.
18c
Graduation
Dresses
NOW ON SALE
BEAUTIFUL
One Piece
11
Dresses
IX WHITE VOILE, Lingerie
effects; also in Silk and
Wool choice, garments of
fered nt very low prices
$1.98 $2.50 $3.50
$4.50 $6.50 $8.50
THE
Modern $4.00 English
Dictionary Certificate
PRESENTED BY THE CAPITAL JOURNAL
MARCH 18, 1913
Six Appreciation Certificates Constitute a Set.
tT-M-M"TTVTt
Show your aadarseineBt of thli groat educational opportunity fcy cutting out
tho above Certificate of Appreciation with five othera of consecutive dates, and
presentinf them at thia office, with tho expanse bonua amount heroin lit
.opposite any style of Dictionary telected (which coven tho items of the cost of
'packing, express from the factory, checking, clerk hire and other nacest -ry
EXPENSE items), and you will be presented with your choice of those three books!
The $4.00 9 (Like illustrations in the announcements Irom d.iy to day.)
u"? f 's ''1C 0NLY cnt're'y NEW compilation by the world's
MOOflin English greatest authorities from leading universities; is bound in
DICTIOIMAUYfull Limp Leather, flexible, stamped in gold on back and
Uluatruted sides, printed on llible paper, with red ulges and corners
rounded; beautiful, strong, durable. Besides the general contents there
are m.ips and ov.-r 600 subjects beautifully illustrated by three- 1 Fj MM
color plates, numerous subjects by monotones," 16 pages 01 I Bonus of
educational charts and the latest United States Census. Present qq.
;:t this office SIX Consecutive Certificate oi Appreciation and the qQ"k
The $3.00 It is exactly the same
sew i'ie txl book, ex-
Modern English binding which il in
ItlCTIONAKY hlH ".ht
Illustrated ',h ol,vS
edges and
with nquare corner., Six Ap
prtciati'-i CrtificatM and the
Expansa
Bonus of
81c
Any Book by Mall,
Notice to Property Owners,
Notice Is hereby gtvwi that the
street committee will meet the prop
orty owners on Twenty-first street,
Stale to Center, at 7:30 p. m Wed
nesday, March 19, 1913 In the com
mon council chambers In the city ball
to determine the kind of pavement to
be laid.
CHAS. F. ELGIN, City Recorder.
3-15-3t
Notice to Property Owners.
Notice is hereby given that the
street committee will meet the prop
erty ownors on Chemcketa street,
Fourteenth to Twenty-first street,
at 7:30 p. 111., Tuesday, March 18,
1913, in the common council chambers
I In the city hall to determine the kind
of pavement to be laid.
CHAS. F. ELGIN, City Recorder.
3-lS-3t
If it wevo not for humbug, millions
of people would starve to death,
Children cry
FOR FLETCHER'S
CASTOR I A
Mr. Lackey
OUR NEW YORK BUYER
Expressed us last week a beauti
ful line of
LIGHT WEIGHT
SUMMER and
EARLY SPRING COATS
Tho styles aro taken from tho
best imported garment"; they
aro very classy.
PRICES
$7.50
$9.90
AND
$12.50
BEAUTIFUL MATERIALS
With the
LATEST TRIMMINO
DRESS GOODS VALUES
THE GREATEST SHOWN IN SALEM nnd the GREATEST 8TOCK
TO CHOOSE FROM. Every class and kind of High Clnss DRESS
GOODS are shown In this department Dres Goods for every occa
sionoffered at low prices, yard 25o 3Tc, 49o, 60c and up
25c, 35c, 49c, 69c and up
NEW
The $2.00
New
Il in plain cloth bind
ing, atsmiied in gold
..i.,, - . ana unc i n sumo
MOdem EngllSh paper, ssme illuslra-
DICTIONAKY bui !' I -
in. ........... ot the col I Expense
Ulu.trated ored pi,,,, BJZrot
ana ensrts are omitted, six Ap.
prociaUoa Certlf leasee and the
48c
22c Extra for Pottages
If
.Cull for City Warrants.
Notice Is horoby given that thore
are funds on hand and applicable to
the payment of all warrants drawn on
the general fund of the City of Salem,
Oregon, and endorsed "Not paid for
want of funds."
Holders of said warrants will please
present them for payment at the office
of the city treasurer In tho city hall,
as interest will cease from and after
March 8, 1913.
Salem, Oregon March 8, 1913.
R. A. CROSSAN,
3-8-10t City Treasurer.
To Cure a Cold In One Buy.
Take LAXATIVE I3ROMO Qulnlna
Tablets. Druggists refund money if It
falls to cure. E. W. GROVE'S Signa
ture Is on each box. 25c
You Judge a man not by what he
I promises to do, but by what he has
, done. That is the only true test.
Chamberlain's Cough Remedy judged
I by this standard has no superior. Peo
1 pie everywhere speak ot It In the high
1 est terms of praise. For sale by all
dealers.
n; i
St,' (-.Se
Hi - i : I P
rF i i - l if,: ....V '
III! 1 .IS! 1.
rnmm
i -Pf;'! bill')
i mint- ;
I
B
(: L'W. T.,irr-t"
Men's
Negligee Shirts
NOW ON SALE
1000 Men'g Shirts now offered at
tho closest prices in 8alem. Work
shirts, Dress shirts, ete. Price
39c, 49c, 69c and up