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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Oct. 11, 1917)
THE DAILY CAPITAL JOURNAL, SALEM, OREGON. THURSDAY, OCT.. it, 1917. FIVE 0 i vim The 2oody that I : y-j&MiY beneficial to teeth -lA . Ss-' 3nd stomach is best 'fWrtW for children- 'Wf hfif helpful to all ages; ' MX "Hf I iflN It, massages and Wii sTrenatnens tne &JX-' M2L.J ' Jlfim5l kponc tOOil k' v " Ssrf ciean., ana Dream 'rrs. sweet." aids appetite .X every ) FlaWM '-"4k 3 :;V-. -5 merica Will Emerge From War in Splendid Condition New York, October 6. 91. Liquida- cd so great a part o their physical and tion, representing to ome extent pre- financial strength. This is a handicap paiations for subscriptions to the new that they hardly may be expected to Liberty bond offering, has this week in-1 overcome for some time after peace fluenced btill further depression in the shall have been arranged. In the meau general price level of securities. An ad- time our business men will continue cled inflneneo appears in the form of the keen competition to retain the ad the final steps in the enactment of the .vantages that have beeu thrown in their new War Hevemio bill, through which way during the fore part of the strug there has developed a more general and gle. Our government has entered upon popular appreciation of the financial shipping plans that will mean that when ouruens mat must te Dome in order the war ends we shall see the Amer- to assure a prompt and victorious ssc- ican flag in all the great ports of the tlement of the war. With the large taxes world and on the seven seas. We have provided in the new law umiu excess in recent years entered manv new nmr. profits and upon war profits, and with kets and have had the ounortunitv of i. s l. . I.1 J tui tuuiiii'jit ui inc proms wiueu liurouucmg American goods. These ad necessarily must accompany the govern- vantages we shall in large measure re Hicui, s pian lor price lixiug, it is ae- Tain. sirable to recognize frankly that tho Railroads Prospering. era or remaiauie revenues our great . view in this light there does not ap industrial plants enjoyed before we be- pear full justification for the whole came a participant in the war is n t sale liquidation that has recently oc likely to indefinitely continue. Nevir- curred in tho securities of some of the the less our manufacturers are- assured best known of our railroad Bvsteins. The -Ji - 1 - 1 .!!... A , , ..... . oi a Bteviv uusiiiess, Bumcieni ui Keep transportation lines are carrying mer incir piuina running unucr xuu prensure ciianuise to tne lull measure of their equipment. The increase iu the cost of labor and the even greater expansion in tnat no materials necessary for oper ation and equipment and improvements have entered as a factor in cutt'n dowii the net profits. However, there should in the near future be at least some change of a favorable character both in the matter of expenditures and receipts. The government's reduction in the prices of materials, as already I have intimated, will aid on the one hand. On. the other, hand the fact that the roads are beginning to benefit by the iu creased rates recently authorized by he interstate commerce commission also will aid. It would be in line with the more recent liberal attitude of the gov ernmcnt toward business affairs if fur ther increases in transportation rates should be authorized. The government's price policy in the instances of steel, iron, copper, etc., admittedly has been liberal. The extension of the same pol icy to the railroads would, I believe, do much to influence a successful nc gotiation of the present crisis that has so naturally followed our entrance into the war. HENBY CLEWS. IiATEST BRITISH ADVANCE ON WEST FRONT Most of the points indicated along the line of the new drive are well over the series o fheights running north and south to the east of Ypres. and at prices that still are profitable. About Fixed Prices. The establishment of fixed prices con ti'is of course the possibility of bene fits ae. well as disappointments. It meant that domestic orders those of a nou war character now may be executed. Construction in various directions n.ay proceca cn n reasonably safe basis. Tift a to 'ja7, industrial and otner enter prises which prudently declined to un dertake new extensions when it was reasonably certain that cheaper basic materials would soon bo available now will feel they can proceed without this anticipated loss of capital. But with the present high scales of wages in in dustrial circles, and with the admitted prosperity in the agricultural sections, there seems no reason to believe that we are to experience in the immediate future any substantial reaction in do mestic business. Another phase of the price-fixing problem concerns the rail ways, which are among the largest con sumers of many of the articles upon which the government has established arbitrary figures. The reduction in the price of coal must, for instance, involve a substantial curtailment in the operat ing costs of tho transportation lines. . Coal, Iron and Steel. So. too. the reduction in quotations for copper, and especially for iron and' steel products, ot which tne railroads are, as is well known, by far the Jar gest domestic purchasers. It is estimat ed, for example, that in the year 1918 the purchases of iron and steel 101 ac count of our own government and for that of our r.'bes will not much exceed 7,000,000 tons. This will leave about :'6, 000,000 tons for home consumption, con tracts involving which may be phced on the same teims as are available to the government. This situation applies in measurable degree also to copper. Hence the reduction in prices of mater-. ials can well provide greater confidence on the part ot important interests iden tified with the development of home en terprises. Witiiia the last few weeks es pecially there has been a noticeable re duction in the creation of new e.itor. prises. In Sef tember the total incorpor ations in thi eastern states covering concerns with an iudividual capita!'f tion of 1 .000,000 or more aggregated only ?02,u00 000, which compares witii $382,1CU,000 ;n August and $416,300,000 in July. Money Situation unsatisiaciory. The eeneral mo'iev situation ma;' kcJ reirardod as amor e tho most unsatisfac tory o the immediate influences. Bonk officers at this center are co-operating with the federal reserve bank to pre vent distressing strain during the per iod that subscriptions to the new war loan are being filed. A special commit tee comprising these bank officers has received pledges that a very largo sum will be rjrovided (o- which' 200,000,- 000 is immediately available) to be loan ed out at the committee s niscreuon n nnPflnrl for the Tjuroose of stabilizing the monev position. It is expected mat by this means the credit resources of the federal reserve DanK win ie iimiiu avail able as needed. The announcement of the committee's plans which was pub lished early in the week was responsi ble for an easier position for demand loans. It is. in my opinion, however, not an altogether adequate form of re lief. If funds should be made available for fixed maturities, if time money should be freely obtainable for periods of three mouths at, say, about a per cent this would constitute a more direct source of relief. It would carry over to the New Year, thus enabling the success ful negotiation of a period wnen tne strain, even in more nearly normal times, is usually such as to suggest cau tion. Ho Need of rear. The almost unintcrnptcil decline in quotations appears to be producing some degree of unnecessary nervousness. While our government is requiring such large sums fcr war purposes other fin ancial requirements must, not unnatur ally, be restricted correspondingly. Washington has first call upon our fi nancial facilities as well as upon the products of our agricultural, industrial and other activities. That such is the case no one will complain in view of the great crisis. But it is not necessary to lose our mental grasp of the situation and become frightened at prospects that do not in fact exist. The material bene fits that are to accompany this war hardly can be exaggerated. In the long run they cannot fail to appear in a very practical way through securities of the corporations whicn are so ciosciy identified with our country 'a activities. Will Come Out All Bight We are to emerge from the struggle in a far more prosperous condition than any of the other grpat nations whose participation antedated our own by nearly three vears. In that long period our manufacturers, our farmers and all other American interests enjoyed a per iod of entirely unexampled prosperity. Our industrial plants were tuned np to the highest pitch of efficiency, our la bor had attained the highest degree of skill in the various departments of man ufacturing. Therefore, regardles of the further duration of the war, we as a nation will enjoy the advantage of hav ing entered after our allies bad expend- GREAT SHOW GIVEN AT OREGONSTATE PRISON BY INMATES Big Crowd Attends and Red Cross Will Receive About $150Jet It is said that the uniform makes the soldier and that the costume makes the actor. .. - Last night at the Oregon stato pen itentiary, as tho curtain rose, it was hard to realize that the show was being given behind iron bars and that about two dozen alert guards were strictly on the job to seo that the actors re turned to their proper quarters at tho close of the cnertainment. "' For in every respect the show was so good and the men bo little resembled what one would naturally expect to see boarding at the stato expense, that there was a disposition to almost for get surroundings. It was a good show, not from the novelty of the situation, Dut rrom tne tact that the actors and specialty men were far better than those often seen on the professional stage, whero instead of trusty guards are immature boys and girls selling candy asd prize packages. "Tho Merry Monarchs of Minstrel sy" were under the personal direction of Jack Gordon, who demonstrated that perhaps some time when he real ly wants a sure enough job, there should be one waiting for him in the show business. Julius Ward, who sang "The Man Behind the Hammer and the Plow" aiso nas tne talent to hold cown a regular engagement on a vaudeville circuit sometime, out not just now. And the same may bo said of Fred Taylor whose song "Borrow from Me" and his confidential Btory of tho leading actors caught the fancy of the crowd, we seems to be lett over irom the old Haverly minstrels days and is a lot more interesting than many of the vaudeville stars seem in Portland. James DuMonte, the Belgian, would pass for an artist anywhere. He paint ed all the scenery and then showed ad ditional talent by reciting "That Old Sweetheart of Mine" according to true profcsional ethics. He also seems to have talent enough to hold down a real job, sometime. Others who deserve credit for the best entertainment ever given at the Oreiron state penitentiary are Oscar Johnson, stage manager; Charles Healy who had the big job of costuming and the electrician, Thomas Higginbothsm, who handled the lights according to the latest lighting effects. The paid admissions number 617. As there was considerable expense in making costumes and other incidentals which always run into money, the Red Cross will probably receive about $l"i0. As the entertainment was so entire ly satisfactory in every way, it is probable that an effort will be made to have it given again next month for the Red Cross- The principals all have several extra songs on hand and doubtless they would be glad again to give the services of all for the benefit of the Red Cross. And adding greatly to the entertain ment was the effective work of the i SEED. GEAENi i -.. . Fall and Winter Seed Grain te becoming very ; scarce and if you are going to need any would ad- X vise an early purchase. We can still supply several varieties of Winter I Wheat, Recleaned Fall Oats, Vetch Seed, Fall Rye, X etc. Also, complete 'stock of Clover, Timothy and Grass Seeds. Mail orders given prompt attention, t You will always find our prices right. t MILL FEED ! Can now supply Mill Feed in any quantity at low est market prices. D. A. WHITE & SONS 255 State St Phone 160. Salem, Oregon Send On Smokes " Ml .A ' r - You know how glad you are to get back to "your own brand" after you've tried some other kind of a smoke, or when you couldn't get your favorite one. Our boys in France arc having a hard timo trying to get any satisfac tion out of French tobacco. There's plenty of it, but somehow, their smoke palate rebels at the new flavor. They want, most of nil, tho old, familiar brands of pipe tobacco and "ninkin'B" and the cigarettes they used to have at home. That's why you hear the new "8. O. 8." from the front Send On Sfliokes. They want the good, old Am erican kind that rolls over the tongue u ml just touches tho spot. Wo 've made it easy for you to ans wer some soldier's "8. I). 8." The French government, this government and the Hed Cross arc all co-oprratin( in a plan whereby you may send twen ty five cents to this newspaper and a generous- Tobacco .Kit far more than you actually pay for goes forward at once and is received, duty free, aerof-i the ocean. More than that, each Kit contains a stamped return postal card whkh the recipient may use to send you a message, from tho front- lit is ad dressed to the donor and will t"nto right back to you from tho man who is having his smokes "on you." Despond etey When vou, feel discouraged and de spondent do not give up but take a dose of Chamberlain's Tablets and you are almost certain to feel all right within a day or two. Despondency is often due to indigestion and bil iousness, for which these tabids are specially valuable. Obtainable every where. orchestra, assisted by local talent and under the direction of A. E. Clark. As one prominent business man said, it was tho best 50 cent show ever given in the city. GIRLS! HAVE WAVY, THICK, GLOSSY HAIR FREE EROM DANDRUFF 4 25 -cent Bottle Destroys Dandruff and Doubles Beauty of Your Hair Within ten minutes after an arpli cation of lai:derine you can not find a single trace of dandruff or falling hair and your scalp will not itch, but what will please you most will be after a few weeks' use, when you see new hair fine and downy at first yes but real ly new hair growing all over the scalp. A littlo Danderine immediately dou-! bles tho beauty of your hair. No dif ference how dull, faded, brittle and scraggy, just moisten a cloth with Dan- lenne and carefully draw it througn your hair, taking one small strand at a time. The effect is amazing your hair will be liht, fluffy and wavy, and have an appearance of abundance: an incomparable lustre, softness and luxuriance. (Jet a 25 cent bottle of Knowlton's Danderine from any drug store or toi let counter, and prove that your hair is as pretty and soft as any that it has been neglected or injured by careless treatment that's all you surely can have beautiful hair and lots of it if you will just try a little Danderine. "Vengeanee is mine, saith the Lord" Well, if it does the Lord as much good to take vengeance as it would some of us who haven't anv way of taking it here's envying him. ITowcver, there is the Liberty bond way. Instant Action Surprises Many Here This grocer's story surprises local people: "I had bad stomach trouble. All lood seemed to sour and form gas. Was always constipated. Nothing help ed until 1 tried buckthorn bark, glycer inec, etc., as mixed in Adler-i ka. ONK 81tM)NFllL astonished me with it's INSTANT action." liecause Adler-i-ka flushes the KNTIUK alimentary tract it relieves ANY CASK constipa tion, sour stomach or gas and prevents appendicitis. It has Ql'M'KTST nc'ion of anything we ever sold. J. C. Perry, " druggist. Reduce Your Fat Without Dieting Years ago the formula for fat re duction was "diet" "exercise. " To day it-is "Tako Marmola Prescription Tablets." Friends tell friends doctors tell their pntieuts, until thousands know ami use this convenient, harm less method. They eat what they like, live as they like, and still lose their two, three or four pounds of fat a week. Himple, effective, harmless Mar mola Prescription Tablets are sold by all druggists a large case for 7.1c. Or if yon prefer you may write direct to the ilnrmola Company. So4 Woodward Ave., Detroit, Alich. The good old IT. 8. A. doesa 't seem like the samo old place, with no congress. How Catarrh is Contracted Mothers are sometimes so thoughtless ss to neglect the colds which their children contract. The inflammation of tho mucus membrane, at first acute, becomes chronic and the child has chronic catarrh, a disease that is sel dom cured and that may prove a life's burden. Many persons who have this loathsome disease will remember hay ing had frequent colds at the time it was contracted. A littlo forethought, a bottle ' Chamberlain s ough liemc.tv judiciously used, and all this trouble might have been avoided. Obtuiuabla everywhere.
