Editorial Page of "The Capital Journal"
TIILIiSHAV i:KMNt:
.fnniiaiy i:t, 111 111.
CHARLES II. riMIER,
Editor and Manager.
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RISING POWER OF NEW WORLD
Frankly speaking we do not believe that this country
ever has had a "Mexican policy," because neither Taft nor
Wilson has seemed to comprehend the situation below
the Rio Grande. Both have tried to pursue a hands-off
policy, leaving the republic to work out its own salvation
something it will not do in a hundred years. The ruling
class there has just the condition it desires, and the mass
of the people does not count. Our interest in the affair
lies in the protection of American property interests, and
the lives of our citizens invited there under the Diaz
regime, and the further fact that life and property on
the American side of the border is constantly threatened
by the lawless rebel bands on the other side, causing the
employment of our entire regular army for their protec
tion. We should have ended the anarchy in Mexico by
armed intervention immediately following the overthrow
of Madero, and if the cold-blooded murder of sixteen
Americans a few days ago arouses the government to a
sense of its duty and responsibility, their lives will not
have been sacrificed in vain.
While prosperity has not to any great extent sub
merged the Pacific Coast, since the beginning of the de
pression which seems to have set in three or four years
ago, there is no doubt but a large part of the country is
enjoying splendid prosperity. In some places the volume
of business has even reached the proportions of a verit
able boom. That the coast will soon be able to share in
this era of good times seems the universal opinion of
business observers, and there is no doubt accumulating
evidence to bear out this view.
Since this is the case, it is a good time to take stock
and see how we stand with the world and how as a
nation we have been getting along financially.
You perhaps recall how now and then some fellow
here and there on the street corner and elsewhere when
ever he could get a hearing delighted in shouting that this j
country was in debt to Europe and was under the domina
tion of the foreign kings of finance.
In a year and a half about since the war in Europe
broke out American securities estimated at a billion and
a half in value have floated back here ; and in six months
the transfer of railroad stocks and bonds from foreign to
home ownership amounted to nearly half a billion par
value. Steamers for the past year have been floating
over with from ten to twenty million a month. Gold has
come to America in astonishing quantities.
Today New York is a money center for the world, and
this country is loaning where before it borrowed in for
eign lands.
And above all there are good reasons to believe that
the dominant position of the United States will be main
tained in the financial and commercial world after the
war is over, and many of the scars have disappeared. The
great upheaval in the old world will mark an epoch, we
verily believe, from which will be dated the rising power
of the new world nations and the steady decline of the
old in many lines of competition.
INVESTING CHANCES
The attorneys in the case of the defunct American
Bank & Trust Company, of Portland, want one-third of
all the money they succeeded in collecting from the as
sets of the institution. Of course, depositors, who will
receive but a few cents on the dollar of their money, are
objecting but it is likely to do them little good. As a rule
attorney fees and court costs eat up all the assets in such
cases, and it would generally be as good an idea for
creditors to wipe their claims off the slate and forget
them as to attempt to collect any reasonable part of them.
In fact bankrupt and receivership laws and court customs
make it easy now for the debtor who wants to wipe out
his honest obligations without paying them and mighty
hard on the people he owes. The lawyers and the courts,
however, are quite liberally provided for in most
instances.
A Galley o Fun I
. 6,4' ?, iv, )d (. j,
b t, .. '(((..', IV
i ''(3 ) t ;il
ill '
"HOLDING HIS OWN."
Curuso, the tenor, is said to eat prunes for his voice.
Should all aspiring tenors follow his example it would
sure mean a boom in the prune market. -
The warmest spot in Montana yesterday registered
:!5 degrees below zero and yet some persons persist in
living there.
The horrors of prohibition are not so much after all.
Just now it is easier than ever to go on a skate.
RipplfngRhumGS
BALMY PEACE
: One of the staunchest backers of the submarine
through its experimental stages had been reduced to pov
erty before the war began. His submarine shares, to
which he stoutly held, were reduced to almost nothing
in value. The war sent those shares kiting, and he sold
out for more than $5,000,000. Had he held them three
months longer he would have got $16,000,000.
It is but one of the many instances, since the war be
gan, of immense fortunes being made in sudden increased
values of stocks of various kinds.
So many great fortunes seem to be made in specula
tion that men are apt to jump to the conclusion that this
is the surest way to get rich, and it is all the more seduc
tive because it seems to require no work, either physical
or mental.
But the fact is that the apparent speculations by
which many men are accumulating immense fortunes
through the war conditions are not speculations at all.
The element of chance is almost entirely eliminated by
masterful information and carefully cultivated judgment.
There is just this much of "luck" in it the war sud
denly brought about unexpected conditions and oppor
tunities. But these conditions were opportunities only to
the men who were prepared to meet them and master
them.
Great enterprises as well as smaller ones dopend for
their success upon the knowledge and energy put into
them. The true "captain of industry" takes few chances.
He is generally fitted in advance for every turn and de
tail of his enterprise from beginning to end. His specula
tion is a sure thing under favoring conditions.
The world is cursed with many misleading maxims,
one of the most injurious of which is, "nothing risked,
nothing gained." Inexperienced men are apt to take this
literally and to shut their, eyes and throw their money
away.
Oh, I believe in Balmy Peace; I wish to see War's hor
rors cease ; I wish to see the sabre made into the farmer's
pruning blade, and every gun that thunders
now, I tain would change into a plow. I d
like to see the kings embrace, with rapture
glowing in each face, and swear by Heck
and Halidome, to keep their warlike hosts
at home. And all my days I shall devote to
robbing warfare of its goat; I hope to see
nations stand like loving brothers, hand in
hand, remote from bitterness and strife
ri Vy J and to that end I pledge my life. I now am
iJ&iJjSJ ready to orate in any town, in any state,
I which will put up a hundred wheels, and
I guarantee me bed and meals. I ask the money in advance,
i because I cannot take a chance on being stung by hayseed
i grads which hate to jar loose from the scads. Blest be
' the day when warfare ends' If you believe in peace, my
I friends, and hope to see the whole world free, arrange a
! lecture date for me, and I from war will take a fall, in
I schoolhouse, church or village hall, in tabernacle, tent or
i manse the money strictly in advance.
UNDER THE NEW REGI.vIa
Entered one of the gold plated, cut
glass caravansaries known as a mod
em hair cutting; emporium. It was i
pleasantly located on a good sunken
farm land, occupying en acre or so un
derneath one of our first class hotels.
A boy in the costume of a Swiss Im
perial Guard came forward and tool;
my hat. The proprietor asked me
what I wanted done.
"I should like to get my hair cut."
I was ushered Into an antiseptic
chair, while an antiseptic individual
with a sinister aspect threw over me
a Woodlawn cemetery shroud. Then
he took from a glass instrument case
R pair of shears, a clipping machine
and a tortoise shell comb.
lieing in a communicative mood, I
said pleasantly:
"It's a nice day for this time o!
year."
it it '
"It looked like rain yesterday, and
thought perhaps it would."
ii it
"The reservoirs need It, anyway
Can't have too much rain for them "
u
"If there wasn't so much graft about
tve would have our reservoirs mrd''
long before they were needed."
i:Vr 'i
At this point I was rudely as 1
thought interrupted by a tap on the
shoulder. The barber suspended op
erations. A tall grave man stood
over me. I recognized him as the
I proprietor of the emporium.
"Pardon me, sir!" he said sternly,
"but you Rre disturbing the artist at
his work. No talking please!" ...
THIS WILL IN1EREST
ncys and thus proiiinte a free flow of
pure digestive juices.
.1 ii 1 1 Sails is inexpensive and is made
from the neid of ginnes and lemon
juice, combiner with lithin nrtd sodium
phosphate. This harmless salts is used
j by thousands of people for stomach
trouble with excellent results.
WITHOUT APOLOGIES.
To the average woman a bird In th
hat is worth two In the bush.
Teeth are stronger than fiction.
Why expect excellence In your wife,
when even the cook is far from per
fect? Gall Is greater than godliness.
The Burest passport for admittance
Into the Smart Set Is a dull mind.
Say little, but do everybody,
A thing of beauty Is an expense to
somebody.
A good cont may hide a creased
shirt, bat a clove betrays Its secret
every time.
The pen may be mlghter than the
sword, but the typewriter Is awarded
the damages.
Nothing is so sacred to a woman
as the obligation to find out some
thing about someone else's business.
More Limited Trains
ox
Ogden Route
San Francisco Chicago
thsu unv other transcontinental route
From points in Western and Southern Oregon the logical
way to go east is via !San Francisco or Sacramento and
Ogden. The time is fast, the connections good for all
eastern cities. Dining cars, observation cars, standard
and tourist sleeping cars. .Equipment to fit the purse
of every traveler,
Overland Limited Train de Luxe
Pacific Limited
San Francisco Limited
Atlantic Express
Our local agent will be plensed to answer any questions
SOUTHERN PACIHC UNION PACIFIC
John M. Scott, General Passenger Agent, Portland, Or.
u
STATE NEWS
;
!
$ s $ I
During the year just closed 124!l ves
sels with a tonnage of 3,71 1,280 tons
entered the Astoria, Oregon, custom
house, with vessels with a total
tonnage of I,THJ,9(W tons cleared for
domestic and foreign ports. According
to the records in the Astoria custom
house Mi) vessels loaded at the mills
in the loner Columbia Hiver district
during Ii)13,.nml their aggregate car
goes amounted to 2i.'.'i,41.'ti,7f 7 feet of
lumber. In addition to these, four rafts
containing LM,tlO0,0U0 feet of logs and
piling were towed to California, mak
ing the total lumber shipments by water
from the mills in this district 2i7,4Jli,
7!)7 feet. In the same 12 months '20.)
vessels loaded fi.",27(j,!)l(i feet of lum
ber at the upper river mills, giving a
grand total of ol2,70.'l,"4:i feet as the
amount of lumber shipped from the
Columbia River in cargoes and rafts
during the year just closed.
Heavy snow in the mountains has
driven numbers of deer to the valley in
Southern Oregon. Ravages of the ani
mals are reported in a broccoli field
two miles from Koseburg, and rabbit
hunters saw the animals two days ago
within half a mile of the city limits.
Truck gardens with cabbage, winter
lettuce and similar crops are the delight
of the animals.
The richest person in Oregon has an
annual income of from $300,000 to
$400,000; ono other individual has an
income of from $1,:j(IO,0UO to $200,000
five have incomes between $75,000 and
$100,000, 10 with incomes from $50,000
t 7",00() and 10 between $40,000 and
$.10,000.
The department of the interior, in a
recent decision, held that Alkali Lake
was not a navigable body of water and
was therefore open to entry under the
mining laws of the United States. Suit
was brought by the Oregon Borax com
pany some time ago to prove that the
lakes were not uuvigable. Their reason
for taking this action was that the bed
of the lake is said to contain valuable
deposits of soda.
Brownsville Times; While engaged
in hunting, Fred Malone and Allen Jlc
(Jueen were suddenly attracted by the
sharp barking of one of their dogs; up
on Hearing the spot, where the dogs
were stationed, they found a large deer
whih had just been killed by a wild
animal. They put tho dogs on the trail
and soon treed and killed the cougar
which measured seven feet eight inches.
Med ford Muil; Jt. is not probable
that the dairy output of Jackson coun
ty will increase much, if any, this year.
Feed is too scarce, and thereforo too
high in price, to begin with, and th
prospect of another year of drouth,
with no irrigation in a large area of
the; valley to overcome it, is too great
to risk enlarging the dairy herds any.
John Beynolds, of the Antelope coun
try, killed a large black bear on Tues
day in a small pasture near his hut. H
had three young liogs, one of which
mysteriously disappeared a few day
prior to that day. The appearance of
the benr early Tuesday morning ex
plained tho mystery.
REAL ESTATE TRANSTEBS
IT. 11. Craig et ux to rtebreca .T.
Baker X 1-2 lot 1 blk. II. University
add Salem.
R I.. Worden to Joseph Schmitt pt
lot 7 blk. Hi -Noli Hill annex.
(has. Johnson to ,T. S. Uhoades lot
1-2-.'! unit 4 blk. 11 Highland udd Srt
lem. Almost, and Katie Hilfieker to Al
bert. J. Hilfieker lots ," and ti, Spring
er's Fruit Tracts No. t.
Try Capital Journal Want Ads.
Says Indigestion Comes From
An Excess of Hydro
chloric Acid
LADD & BUSH, Bankers
Established 1868
CAPITAL
$500,000.00
Transact a General Banking: Business
Safety Deposit Boxes
SAVINGS DEPARTMENT
A well known authority stales (hut
stomach trouble and indigestion is near
ly always due to acidity add stomach
nni) not, as most folks believe, from
n lack of digestive juices. He states
that an excess of hydrochloric neid In
the stomnch retards digestion and starts
food fermentation, then our meal sour
like gnibnge in a rnn, forming neid
fluids and gases which inflate the
fluids and gases which inflate the
get that heavy, lumpy feeling In the
chest, we eructate sour food, belch gas,
or have heartburn, flatulence, water
brish, or nausea.
lie tells us to lay aside nil digestive
aids nnd instead, get from any phar
macy four ounces of dad Salt d take
a tablesponnfnl in a glass of water be
fore breakfast while It Is effervescing,
and furthermore, to continue thin for
one week. While relief follows the
first dose, It is important to neutralize
the acidity, remove the giis nmkiiig
mass, start the liver, stimulate the kid-
, BATTLE CREEK NEWS
(Capital Journal Special Service.)
The parent teacher association of
Battle Creek school had the pleasure of
hearing I'rofessor Kilpntrick, Friday,
January 7. Tho organization is get
ting a very good stmt under the able
leadership of Mrs. W. 8. Lehman, Mr.
Kilpntrick is connected with the exten
sion work of tho University of Oregon
and gave the organization a great many
excellent suggestions which will aid
them in their work in the district.
The at tendance In school has been
very good this year nnd everyone is
showing interest in the school work.
RABIES AND COYOTES
Salt Lake City, Utah, Jan. IS. Rab
ies and methods of exterminating coy
otes aud other predatory animals prey-
ling on their flocks were discussed at
the opening session of the I'tsh Wool
I (I rower' association here tody. Three
hundred delegate are in attendance.
with t'resiitvnt Oeorgo Austin presid
ing. i .
No deeisiou was reached as tn the
policy to be pursued in (hi connection.
It is declared that the livestock in
terests of Utah sustain a loss of
1)00,000 annually through the open
tioiis of predatory animals one half of
which is sustained by sheep men.
his position r
Llkelilm?" snorted the Old Codger,
nferrlns to, a neighbor whom he did
notln nny wise appreciate. "I have
t.n ninrA iiqa fni htm thnn a min with '
dyed whiskers has for another man
with dyed whiskers! That's bow I
feel toward Henry J. Swank con
found him!" ,
s
- A CRYING EVIL '.
Mrs. Sparenotrod. MarJotU, It was
(or your own good that I punished you.
l hore are some things that a mother
knows best.
Marjorle (between sobs). I don't
?ee I don't see why mothers couldn't
all be grandmothers I
AN INTERESTING POINT
First Chlni-nan. I don't under
stand the difference between the
Christian sects.
Second Chinaman. Neither do I. I
ronder which on controls the most
Sims.
)
FORETHOUGHT.
Sportsman I notice that you keep
tornlciM cattle entirely, Instead of tho
liorned variety.
Native Yes; hunters from the city
hain't quite so likely to think a horn
less cow I a vtately buck with beau
tiful eight-pronged antler.
And sometimes a llltlo learning
laves a nvm from Jury duty.
Dr. W. A. COX
Pi
W
PAINLESS DENTIST
303 State Street
SALEM, ORE.
50?
Reductions on all Dental
Work during January 1916
CLEANING FREE
Plates as low as $7
Gold Crowns .WW." $3.50
Painless Extraction ' $50
Guaranteed Work. Lady Attendant
Modern and Sanitary Office.
PHONE 926
303 STATE ST.
Dr. W. A. Cox
Always Watch This Ad Changes Often
mHmtt HmmwHMnmwmu.
rUK ll-lf. Wf 11 II lkIVT A rI a
We bar all kind of Aim Hl.diru W .),... o . .
for the woods. " ' "" """" "a -WS
All kind flf CnmrrmtmA Trn k.iL f . ....
good 300.00 Laundry MaDg.l, slightly used for wifourt? original
4
15 AND 130 NTTW OVr.RnoiTB at km
I v7 1 1-3 cents per pound for old ragi,
I pay highest pries for hides and for.
H. Steinbock Junk Co.
in. w .v n Th'. ?1UM of HlU 1 MimB Bargains.
80! North Cnmninr Utr.f
a "m
4