THE DAILY CAPITAL JOURNAL, SALEM, OREGON, SATURDAY, OCT. 7, 1916. Non-Political Church Paper Endorses 8 - (Christian Science Monitor, 8rt. ".) A groat deal if nonsense, some of it of a mischievous nature, has boon writ lea and tnlkWI in connection with the drmanct of llio trainmen for nn eight hour day, anil especially in relation to the men us employed ly President Wil aon for averting what practically I ho whole notion was desirous of o vtrtiiiK t any reasonable cost, a tie-up of the transportation lines. Had llio president foiled to overt this disturbance, it is uunot'cssiiry.to say lio would have boon as severely criticised in certain quar ters as lie is now for the method to which he resorted in order to compel truce. The trainmen refused to ni-lii-trrito the eight hour demand on the logical ground thnt an economic ques tion already settled should not be re opened nnd iigain subjected to arbitral ; adjudication. The eight-hour question has long been settled, practically by a ! majority of the states, by the federal I cot eminent, nail by thousands ot pn- rate concerns. Eight hours as a day's work holds good not only in states fo the union, but in possession of the na tion. A day's work for nil laborers, workmen and mechanics who may be V -,cV '11 V , $ employ, . . i m. , h intimate with hT any conlrno or upon a, y of tl o cared to confess, there ap public work, of llio tinted States, ,s profound ignorance of tile lun.ted to eight hou.s. J merits of the case. It is an easv mat 'resident Wilson, from the first, hold i . . , ,; :. ,... to the point hat there was- no need ol u;. .....!.. - il. !..!. I - ..I..!... riM... to nrbilrnliun had as liitle force n would a contention on their part that the scale of wages obtaining before the (treat railway strike of 1 7 7 should be restored. In almost every instance where the demand for a day's wages for eight hours' labor hns been innilc in the last tivently five years the con fessions has been granted. An eight liour day does not mean, and never has mennt, that an emplove mnv throw iWi. his u-.irki.ic l.mls lenve his enr or abandon his engine at the end ot I right hours, but. rather, that, having ne-rved for eight hours, one day is com pleted and another has begun. There is nothing more revolutionary in the establishment of an eiht hour day for the railroads than there was for the establishment of the ten hour day to which the malingers hno recently been so much at Inched. There has been no ' precipitate no- Uo" or "perilous haste'' in the enact meiit of the legislation necessary to, vert tho strike. Congress hns been for ..,.rU r,,n.' .. of ih nc....sin- von the urgent necessity, of just such; a measure ns Unit w lio li I resilient Wilson has succeeded in obtaining. The emergency that confronted the coun try during the past week Could not kave surprised any well-informed rep resentative or senator. For years the eight-hour question and the advisabil ity of congressional action anticipa tory of tho contingency which has forced tho passage of the strike-pro-ventativo bill, have boon commonly discussed. ... : . MT. PLEASANT NEWS. lr- ami Mrs. V. R. Ray. K.lna Hay and Mrs. Koxie Shank motored to Sulein Tuesday. Chester Hoyor of Albany was a week end visitor ut (. II. Kay 's. II. Ii. Shank made a business trip to Mill City Monday. Miss lintel Downing visited at the Lee Downing home Sunday. frank t'latnisn and wife of Jordan made n pleasant call ut the Mrs, lloxie hhnuk home Friday. . Fri.uk .Mosier called at W. B- Ray's (mui day. Fred Smith and V.mest Knnpp spent Sunday with Wclvin Slinuk. Miss Anna Miles of Salem came Fri day to assume her duties as teacher of the Mt. Pleasant aehool. Several new pupils have enrolled, which makes n very good shorting for the coming year. Kd Smith and wife and Mr. Howard Montgomery and daughter aud Miss iu:i .. ........ e. ......... -. tr l, Wilma were Sunday isitori at H. R. Shank's. Frank nabbcrman motored to Jeffer son Bunchy. K large crowd of younjf people gath- W..........IK ..... '"'.president in seeming to yield rat managers' demand that it ho. submitted, . . . f , . Hour Day Law PRESIDENT WILSON mat tstocrxrtmr Neither does the means of postpone meiit, or, to put it better, the means lending to eventual settlement, adopted by the president, constitute a ''dan gerous precedent." M'ery attempt iniide tit uny time, in liny part of the world, by any body, to disturb or up root nn iut reached wrong has been re garded by the timid interests affected as a ' dangerous precedent." It was a "dangerous precedent'-' when the sixloeiikour and the fourteeuhour and teh twenty-hour day were abolished. I was a "dangerous precedent" when the truck-wage system was abolished. A ''dangerous precedent'' was estab lished a short time ago when the New Vork legislature enacted a law provid ing that every person employed in a factory or mercantile concern shall have at least twenty-four consecutive hours of rest in every seven dtivs, Within the lust fortnight the cry of ''dangerous precedent" has been rnisetl against the bill throwing about the child labor ot the countrv n mens ore of protection thnt is granted with out question to the young of certain domestic animals. Among the critics of Ihc president's liniiilling of a crisis that was far more ' ..,; . of . rather man- agers in his conduct of the negotia tions, and in his formulated plan of congressional action. The whole coun try was looking to hint for the ac complishment primarily of one thing. He was expected to prevent a nation wide strike just as he has boon expect ed during the last four years to nVrt a war. In accomplishing what the peo ple expected of him. whether they 1 i I I.. 1 1 1. .IC " '.' "V . ' '" ." " ' "" . h . . , ha of their employes The prevention of ft nation-wide strike has insured practically a satis factory adjustment of tho differences between the corporation and the brotherhoods. The railroads should realize, if ther do not, thut President Wilson's intervention has given them a longer lease upon tho privileges Ihey onjov than if tho strike had occurred. Insteud of instigating or encouraging the rencorous uouse I inn is now nemg heaped upon tho president by their representatives and some newspapers, they should employ the further respite tho continuance ot private ownersnii There may well be an honest dif ference of opinion with regard to the wisdom of Ihe stop finally taken to avert a strike that would have been disastrous to the railroads and to the trainmen and calamitous to tho public, but we. ail to discover in any of the criticism beforo us an alternative to that step worthy of serious consider ation. vfid Adv.) ered at the Floyd Shelton's Suudny eve. The time was very pleasantly spent in singing. Miss I'.lda Hoyes was a Sunday guest of Mia. Rosana Shank. Marguerite and Will Ryan, Bessie and Vernu Shank and F.most Agertky are attending Stayton High school. Stayton Mail. $20,000 PAID FOR FARM. One of the biggest realty deals that has taken plac here for some time was consummated when Ira White, of lVrryJalo, purchased the ICS-acre farm belonging to C. If. Retlig, and which 4s located two miles south of this city. The price wa $20,000 cash. The deal included the implements and all farm equipment- ThU is one of the finest innns in this section and Air. White is to be conirratulated unon acauirlnu it. The place is well stocked and this ... .s. . . goes wi.n ub aai. Ainuy Dinnuaru. It is one thing to put a man In his pluce, hut quite another matter to make him fit. Europe Is Rapidly Selling American Securities There New York, Sept.- 30. While there have bucu evidences of substantial profit-taking by largo interests in the fi nancial markets this week, new invest ments and speculative buying has been sufficiently effective to more than maintain the Mock J-.xchuiige price lev el. On Saturday last the sales during the short session exceeded the 1,000, 000 murk. Jlondav 'full (lav's session contributed a total of 2, 300,000 shares, To duplicate such figures we must go ; fully and profitably employed, is buy back to the exciting times of li07.. ing luxuries and necessities at high They are suggestive of the enthusiasm i prices. Speculators who have made and public interest that at present lire j large profits nre even more prolific as prevailing. The main features in the general fi- annual situation may be considered to include, (1) the impression that has occomo so widespread inur r.oropeun i liquidation of American securities has approached close to the point of com pletion; (2) that the tci initiation of the ar ot huropo, devoutly us it is to be desired, does not promise to be one of tho immediate probabilities; (') the un mistnkable evidence of inflation in which nil of our national activities nre so freely participating; (4) the phen omenal earnings thnt are appearing in tho official statements of our great railway systems and equally great in dustrial combinations; and (5) the rc mnrkuble case iu the money situation and tho fact that the finaiicinl require ments for marketing the crops have bceu completed tor the scuson- Havo American Securities, As to the culmination of the selling by foreign holders, nil interesting state ment compiled under the direction of President i.oree of the Delawure ft Hudson company, which was published early in the week, iw not untagonistic to this conclusion. Mr- I.oree shows that there' were still held abroad on July 31, lUlii, American rnilroad securities of a pur value of $1.4l."i,t)2,5H2, but having a market value of only l.tl0,lllt,000. One year jrevi la rlarebhe tebyj! taoiin year previous on July 31, 1015 the par value of the securities held abroad was 4.2,22:1,5 1 0. 1!-U, showing a reduction of substantially W)O,O00,U00, while com paring with a similar stutenient ou Jiiuiinry 1, mi.), the reduction is clos to .l,:itlO,000,000. When we considei the huge volume of securities returned to us during the Balkan wars as well as the fact that Mr. l-.oree's compilation refers only to railroad securities and does not include industrials, it is pos sible to appreciate iu something like def inite measure the tremendous power ot absorption thnt has been displayed by American investors during the last few years. As to the $1,100,000,00(1 market value of railroad stocks and bonds yet in foreign hands, there is apt to bo some misapprehension as to the volume avail able for further sales. In the first place Holland nnd other neutral countries are participating on a scale quite in keeping with conditions at home iu prosperity nnd inflation as a direct result of the opportunities furnished by the war. England cpntrois i,arge Hums. Dutch holdings are not likely to be further reduced, nnd unless the New York Stock Kxchango price level be comes irresistibly attractive the hold ings of American securities in other neu tral countries will not improbably be fully mnintiiined ,if indeed not sub- stantiully increased, iu the near future, since it would be difficult for capital ists in those countries to find more at tractive, investments than Ainericun 1 ailroad securities. In addition we must not forget the very large volume of mobilized American securities controlled by the British treasury tinder the de posit or loan part ot its mobilization scheme. It will be reculled that $-100,- 000,000 of such securities were deposit ed us part of the $.00,OHO,000 collateral for tho if'JOO.OOO.OOO British loan ns ro- ontly arranged with American bankers at this center. Future loans of a similar haracler me 'understood to be iu con templation, to be arranged when needed. It is not uurensouiililo to assume that the collateral must be quite as attrac tive as in tho transactions yet to come. The Hritish chancellor must be prepared to continue to include u Hiilistunruil part of American securities as the security for ensuing loans. Meanwhile, ns the Hritish treasury has merely burrowed, not purchased, the securities in ques tion, thero is slight probability of their sale. Instead they are to be tied up un til after the conclusion of thro war. when they will be returned to their present owners. Absorption About Completed. If it may bo accepted s conclusive thnt foreign selling is culminating, an important point in railroad finance has been reached. Our great transportation lines are severely iu need of new capital for improvements, for extension and adequate equipment iu order to plnce themselves in proper position to conduct their business us common carriers. There has boon 110 serious attempt by them to appeal to the capital market during the period of Kuroposii liquidation. Any ac tion of this kind would obviously have been unwise since it would have menut competition with the cream of railroad investments, such as were so distinctly the feature of foreign holdings. As mut ters now stand, however, if this compe tition for the ltimls of investors is elid ing, railroad managers will find induce ment to take advantage of the phenom enally favorable revenue statements that nre being presented in th annual as well as the monthly traffic aud fin ancial statements. Recent annual re ports have shown, for instance, such magnificent results ns about 11 per cent earned on tho common stock of the Southern Pacific, the Atchison ami the Reading roads. These figures may bo accepted as representative of the rail road business of the country. Market Well Lost. The probability of the rontinnnnro of the war iuto 1917 removes as an im mediate factor of the guneral market the after-war condition which many thoughtful persons are awaiting with apprehension. A contract for. nearly fMiO.000,000 pounds of copper, which has recently been arranged with American producers for delivery abroad during the first six months of IS 1 7 does not tend to encourage the view that an early peace Is being expected in official cir cles abroad. It, too, seems fair to as sume that other purchases of war mu nitions and other war material will con tinue upon an equally liberal scale. They will serve to preserve the same nni- am pled industrial and export activity that has heretofore resulted primarily iro.u inis source- we are now experi encing not alone a demand from foreign countries for both war and peace sup plies, but we have added to" that an al most equal volume of domestic purchas ing power which has closely followed the free spending of tho profits that nave accrued so generally following the war's opportunities. Labor, never so ;n spending class, while manufacturers and traders arc participating quite folly j in this activ circulation of funds. This lis an economic featuro that is usually qoue ns oaexwara in ending as it is in developing. Hence it may be considered as likely to occupy a position in market considerations for some time to come. There should, for some time, be ample funds for buying securities as well as commodities. Bunk credit, too, promises to occupy a similurly ample position Check Must Come. ot unusually, such considerations us these divert attention from consider ations that present themselvVs so clear ly in a more, distant view of financial prospects. Everybody knows that soon cr or later a severe check,' must come, and that the war, which so completely upset conditions 111 this country when it liegan, will have an important 111- iiuenco when it ends. Counties that are now so freely sending us gold will use their best efforts to secure a re turn of tho precious metal in payment for their products thnt will then be de livered in competition not nlone in our own country but in the export markets that wo have been aide to secure when belligerent countries were forced by the war to abandon them. There has in tho Inst two years necessarily been a tremendous curtailment of European labor; but this is a feature that is not unlikely to be exaggerated, since re coveries from modern gun fire arc so much more general than was the case years ago. Meanwhile, we should not forget that manufacturing plants of England and Germany have not been as yet disabled by the war. As has been tho caBC at homo here, ninny of them have for the time been turned in to arsenals. Nevertheless, they are available for prompt production as soon as tho tremendous energy that is now so fiercely conducting warfare is turned to the channel of restoring the ravages of war. When that period ar rives American manufacturers will be called upon to face competition of an exceedingly strenuous character. At that time the demand for American made munitions will necessarily have ended. With the completion of this de mand will he a corresponding curtail ment of the transportation demand connected with expert business. That extent of this general reaction ary movement is something that may not be decided on in advance in defi nite niensure. It will, however, be im portant. Still, these are considerations for the future. The present market is one of enthusiasm, and is affording favorable opportunities for alert traders to take advantage of intelligent intcvpwtntions of dav to day developments. HENRY CLEWS. These Three Generals Are Leaders of Roumania's War ROUMANIAN GENEtZfiLS- TOf TO BOTTOM QKOKCESCU, RVERESCO fffip c ut.cn fr ' v s-r ' v AT-. y 3 v-. pVyr . T i - h? ' 1 ? A These three generals are tho leaders of the Roumanian forces in the defense of the Dobrudin and the invasion of Transylvania. From top to bottom they nre General Georgescu, General Averes cu aud General Culca. Recently it was reported that the chief commander of the Roumanian armies would be intrust ed to General Averescu. Our circulation la still climb- log tip read the paper and Tou'U know the reason. Few Changes Were Made In Football Rules This Year The football rules for the 1016 sea son have undergone few 'changes, and those that have been made are not radical. The rule governing the delay of the game at the intermission between the halves makes clear that the offended side, in addition to gaining the dis tance penalty of 25 yards, shall also have the choice of goals. or years the football rule book has carried a section in the rule covering a safety, to the effect that a player carrying the ball bcinn forced back over hig own goal lino .was guilty of making a safety. As a rule covering tnc lorwnrd progress of the hall has been made clear to the effect that the referee shall blow his whistle when the forward point of progress is reached, in all cases it will be impossible to score a safety by this method, and the elause in regard to forcing a player back has been stricken from the rules. All fouls committed by nlnvcrs be- j hind the goal line have been ruled up on speciticially in order to make the point, clcur that a foul of this kind, which would deprive an opponent of an opportunity to recover the hall and make a touchdown, will give a touch down lo the offended side. Last year, under the rules, if a plov er was not one yard back, and still was not on the line of scrimmage, it produced nn . illegal formation. This rule this year makes such a formation legal, but states specifically that the quarterback, so called, is not eligible to receive a forward pass unless he is at least one yard bock. It is also made clear this year that a guard or tackle dropping back from the line must go at least five yards in order to be eligible to recover a for ward pass, to run with the ball or to I act as interferer The rule covering a puntout has been made clear, to the effect that plavers defending the goal may not run into the player catching the punt out except in a bona fide attempt to catch or bat the ball. This last permis sion, namely, to bat the hall, is an ad dition, tor plnvers deteuding the goal on a puntout may bat the bull in any direction. The rule covering the restrictions of linemen breaking through and striking with locked hands hns been changed to cover any player breaking through. A set of approved ground rules has been added to cover the conduct of hanipionship games. The ground rules mnv be changed, however, by consent of the two competing tennis and of ficials previous to the start ot a game. Eugona Guard. "What is your occupation Raslus," "I 'tie manager ob a laundry, sah, an' I makes a right comf 'able livin." What's the name of your laun dry!" 'Hannah Maria Johnson, sah," (Continued from page one.) defense second to none, the Tied Sox probably will, with tho aid of their lassy pitching staff, hold Dodger scor ing to a minimum. In tho catching department the Red Sox have the edgo. In Agnew, Cady, Carrigan and Thomas, they have four excellent receivers. t'ady probably will get to do all tho big series work, unless Carrigan himself elects to take a hand. Brooklyn must depend upon Chief Meyers and Otto Miller, neither of whom coinpnres favorably with the Boston wind paddists. Each of tho competing clubs has two Facts That Show When and Where Progress Has Been Made in Developing U. S. Navy Increase in Officers. ' Showing by comparison the number of mid shipmen appointed at the Naval Academy un tferthe tfooseoet, TaftandlWhon administrations. Roosevelt i Taff i Wilson Increase in Enlisted Men. . Showing the enlisted personnel of the , . Navy, as authorised by law. fluto. ' FMsevelt I Vilson i Showing increase under each Roosevelt ' - 7.500 la ft hbbi 7,000 fflson - y,S04 The act of 196 permits the fresidetf' at his discretion man emergency, b increase the Naojfo8J,000 which would be an 'increase of 35.500 over 'he Taff administration. NavyYard Increase. Numberof Men-Showing Ihe total nunn her of employees in the principal navy . tarrda in the, United Stateo'crs of date June 1,1913 and Juy f, 1916,. 1913 mmm tM98-, 1916 MMMMMeMet 24.383 Increosewmm 7,485, Daily Pay,-5howinQ the total daily pay of Such employees in I9IZ and in 196, 9Z mmm 46j0ZJ3S 1916 mmmmmmmmmmm 73,091.12 Incrtasemmmm ZJOttJ Comparison of Fbyr Showing the aaeraqe dally pay of such employees m 19 fZ and in I9I6 19V wmmJmLmmmmm 2.7Z3 I91B ncreaseu Htprodaetd from ad-Oanct of tht fatly Vtpartmtnt, to bt SEA POWER ENABLES THE ALLIES TO LAND SUPPLIES AT SALONIKA - J- i jt . W.I :L '1 ljSJti ., ,m,rmm,mm ,.., .1 lHmgm " UNLOADING HORSES ftT SflLOMIKI FPU GLUES' FIT TftCH) In the possession of uninterrupted sea access to Saloniki the allies have a de cided advantage over the .Teuton-Bulgarian powers, since they are enabled first basemen.- Merkle and Daubert nre the Dodgers' doorkeepers and Hoblitzell and Gaiaor do the same duties for the Ked Sox. In spite of Daubert 's fame as a hitting and fielding first basFman, it is doubtful if he has much of an edge over his American league rivals. He is not a hitter of tho clean-up type, while both American leaguers are. Strong in the Field. George Cutshaw and Jack Iinrrv nt second both arc great fielders and fine generals. Barry, however, because of his experience is given the edge in use fulness in a world's series conflict, if he is able to piny. There is no wav to compare Scott and Olson at short. Scott isa more j brilliant fielder and is much faster. Olson 's greatest value lies in his fight ing spirit and his quick thinking. He is a much better hitter than Scott. Both clubs nre well fortified at third base. Mike Mowrey's steady fielding and his nervy hitting in the pinches has been a b'ig-iactor in the lirooklyn success. He fields ,pist as well as Larry Gardner, his Red Sox . Pm(","T tno jsenntors. , Me remse rival, but his average at batting is not i toAm0(,'f-v b'8 'la!a ? so high. Gardner has consistently Ut'll.J?fm! 0t he 'lub ar? .300 Sr bettor all season. i biKKIr indignant oyer the outburst and v-i,f .i. r.i -. it- u Isome of them intimate they will not eAlTco the leadership of Mc 4rs, $78 4 " 945 W 5.UUO 1903 44.500 1909 '44,500 I9JZ 51500 196 79,06 f administration. Roosevelt Taft i 'toff 05hV. WsonWK Wilson i Wilson 'Wilson m Wilson u Z997 O.ZJ4 proof of Tmoerattc Text "BocK chapter on thi administration totutd Slot. 2. . i I , .Kv 1 I thereby to land men and munitions all will at the Greek port occupied by theoL The picture shows th unloading at Sal oniki of horses to tuke part In the allies attack ou the forces defending Monastir. of the high class outfielders in either circuit. He is a slugger and his hitting is consistent. Wheat, however, is theg only one o ftho Brooklyn gardener' who compare favorably with the Bos ton trio. Hooper, Walker and Lewis of the Red Sox are acknowledged everywhere to be the essence of defense. They; coyer every spot in the outfield with marvelous efficiency and every one of them wields a bat that carries fear to the hearts of opposing slabmeu. McOraw in Bad. New York, Oct. 5. John MoGruw disgruntled manager of the Giants, may yet have to explain his action in de claring. his players did not give him their best efforts in the game with Brooklyn Tuesday. Members of the National commission have come to view his assertion with some feeling, it developed today . McGraw was not present to see hie team win from the Dodgers yesterday, but instead occupied a scat at the l'oh grounds, whero the Yankees won two . Enlisted 'Men Promoted Showing the number of Warrant Officers offfie hfaiy. appointed ' Ensigr under the ffooseiretTaftand Wison administrations, fTboseoetmmmmmmmm 4 yr. 10 7aft 'mm 4 3 tVilson mmmwmmmmmmmm 3's i? r . Showinq the number of Asst. Fbymafer appointed from among enlisted men, under the ffnoxeirelt 7a ft and Wilson administrations, ffoosevefm 4- yrs I To ft mm 4-3 tYdson wmwmmwmwmtmm 3& " IS Prior to the act of March 3. 9I5, Pay CerHs were selected by individual Pay masters from any source within or aM cut the navy. Under he new law. a fey Clerks ars appointed by the Navy Department from the enlisted personnel Increase in flernnaulics Shpwinq ihe expenditures for aero nautic, purposes under the Roosevelt 7a ft and Wilson administrations. TSCI.ff. no exodfr? H Z4.S3Z9 - 'is S6.03ZSO. - 'I I94.49Z.46 'is ZI9.4Z9.Z0 'i6 834.67928 'if 300,000 JDO "3,500,000 or aviation: I -400,000 for aeronautic station ensocola ft Showing the total expendiures under the Taft and iVison administrations Taft I 6IJd88.05 Ms mmmmmmmmmmm S.2I1273J7