Daily capital journal. (Salem, Or.) 1903-1919, October 07, 1916, Magazine Section, Image 12

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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
... : .
lr- ami Mrs. V. R. Ray. K.lna Hay
and Mrs. Koxie Shank motored to Sulein
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.
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
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 .
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
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
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.
These Three Generals Are
Leaders of Roumania's War
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
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
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
'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
Increase in Enlisted Men. .
Showing the enlisted personnel of the , .
Navy, as authorised by law.
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
Htprodaetd from ad-Oanct
of tht fatly Vtpartmtnt, to bt
- J- i jt . W.I
:L '1 ljSJti
., ,m,rmm,mm ,.., .1 lHmgm "
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
1903 44.500
1909 '44,500
I9JZ 51500
196 79,06 f
Taft i
'toff 05hV.
Wilson i
'Wilson m
Wilson u
proof of Tmoerattc Text "BocK chapter on thi administration
totutd Slot. 2. . i
I , .Kv 1
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.
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