Daily capital journal. (Salem, Or.) 1903-1919, December 21, 1917, Page FIVE, Image 5

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    FIVE
THE DAILY CAPITAL JOURNAL, SALEM, OREGON, FRIDAY, DEC, 21, 1917.
n
t And if you don't want to be disappointed about that Christmas Dinner, you had better see us at once.
We also are listing a few articles suitable for Christmas Gifts.
ONLY TWO MORE
npp
eroFe Liiins
D
o
ays
HERE ARE A FEW OF OUR PRICES
Fancy Dress Shirts ; .$1.25
President Suspenders, in fancy lithographed box 50c
Neckties, -in Xmas boxes 25c and 50c
' Ladies' and Men's Hose, nice line 10c up
Ladies' and Men's Handkerchiefs ....... .10c to 25c
Men's $3.50 Hats $2.50
Nice line Men's Gloves ...... 75c to $3.25
Guernsey Casseroles : $1.50
Cedar Mop with bottle of polish 49c
Rolled Oats, 4 pounds 25c
Black Pepper, pound . 35c
Soda, 6 pounds . . . . ,25c
Crystal White Soap, bar 5c
Glycerine Toilet Soap, bar 5c
Many other Soaps, bar 5c
Nuts and Candies of the best grades, per pound 25c
Apples, per box 50c to $1.50
Royal Club Coffee, 3 pound can 95c
"Our Pride" Coffee, 30c seller 25c
Onions, best quality, per sack, per pound .... .3 l-4c
Spuds, per sack Vzc lb.
Nice line paint, floor and vegetable brushes.
Remember, we carry in bulk Cedar Polish, Neats-foot Oil, Eureka Harness Oil, Cream Separator Oil,
Sewing Machine Oil, Automobile Cylinder Oil and Zerolene, Heavy Callol Castor Machine Oil, Cup Grease,
Axle Grease, Turpentine, Linseed Oil, Denatured Alcohol, Also all kinds of Sherwin-Williams Paints, Var
nishes, Japalac, Varnolac, Japalac, and Floorolac, Marnot. These paints and varnishes, also patent medi
cines, must go as haven't room to carry them. ,
We want your produce
ihe farmers, hlme m
Quality
270 N. Commercial Street.
A. W. SCKRUNX
Phone 721
i
ope: forum
$
Wall Street Despondent
Over Lack of Buying
New York, Doc. 21. Another week cd. Italy is actively resisting a tre-
of disappointment has passed over the
financial district. Growing pessimism is
a conspicuous fact, as is the consequent
lack of buyers. That there is ft very
considerable buying power in existence
despite the tremendous absorption of
inouey by the government, is conceded;
but it is easily offset by the persistent
outpouring of stocks. Public opinion,
for the time being at least, has given up
hope of ai early ending of the war.
1hi8 explains the depression in part.
Beports that the Germans are preparing
tor another big drive at the western
front added to the prevailing discourag
nient; although the belief in hopeful
mendous attack. Bussia is in the throes
of civil strife. Spain and PorJugJl are
both endangered by the fires raging
against them, while all the neutral coun
tries are more or less in danger of be
ing drawn into the conflagration. In
the United States the war clouds are
growing thicker and thicker. The storm
is hero, though not yet raging in full
force. As our young men depart in in
creasing numbers for "over there", we
grow more and more serious; and our
appreciation of the great cause, and
j their supreme sacrifice, becomes deep-
!ef and stronger. When the casualty lists
' come back, we will feel" more keenly
circles was that the enemy was engag- j the price required to make Uiis a better
"ed in one of the final desperate efforts and freer world, if not for ourselves,
jto drive the allies back before Amer- for thoe who come after. No wonder
Jean armies, arrive in France. we become solemn, serious and disap-
At the moment the war is growing pointed. But there should be no yield
in intensity rather than diminishing, jing to this discouragment, and no
(Germany's activities are certainly in-j gloom. Victory is certain, provided we
Ssreasing, presumably with a view of 'carry on" our part with unflinching
piaking a supremo effort. Britain's hope and courage,
(drive against Cambrai has been check-1 With the opening of congress the
railroad question has become a problem
demanding prompt solution. At this
writing, the outlook is for nation-wido
government control through present ex
ecutives and some form of government
financial aid. Such is believed to bo
President Wilson's preference; al
though not a few impartial judges be
lieve that unit operation under a pool
ing system and gpvernment guarantee
of interest on required new capital
would be the best alternative for all
parties. The president's plan, whatever
its scope, may be adopted because of
his extraordinary sway over congress.
It would at least have this advantage;
that it would postpone the discussion
of government ownership indefinitely,
or until after the war, when calm con
sideration would be more possible than
now. Private operation under govern
ment regulation is a much safer meth
od than thrusting further heavy res
ponsibilities upon a government already
overlooked with problems and creaking
under war burdens. The plight or the
railroads is more desperate than gener
ullv recoernized, which of courso, ex
plains the heavy selling of the last few
weeks. It transpired berore tne inter
state Commerce Commission's hearings
not include increased taxes, higher in
terest rates or present excessive deprs
ciation. The Interstate Commerce Com
mission has already granted advances in
some sections aggregating about
000,000; which, with other advances in
prospect, will still leave a shortage of
Ji 23,000,000 to be made up. lTpon these
figures it is evident that the railroads
will be obliged to ask for mucli more
than 15 per cent, especially m expenses
promise to increase rather tiir.u '..eerease.
Labor and materials atone are costing
the railroads today 25 per cent to 30
per cent more than a year ago.
Stock market weakness was quite n
pronounced in the industrials as amc:i;
the. railroads. The fall in the industrial
uU3t be partly due to exaggerated ap
prehensions. That price fixing and gov
ernment regulation would slop profit
eering was known long ago. That in
creased expenses and heavy taxes would
cut deep into profits were equally rec
ognized. That prolongation of the war
would force general economy, restrict
consumption, absorb the country's earn
ings, check new enterprise and keep
commodities on a high level were also
matters of common knowledge. When it
that the expenses of the eastern roads Us remembered that the industrials never
arc running at the rate or i:s,uuiyjuu
ahead of last year; $103,000,000 of this
being for labor, $86,000,000 for fuel
and $89,000,000 for materials. This
growth in expenses of $278,000,000 doe
TODAY
JOIN
THE
RED
CROSS
TODAY
MADGE
KENNEDY
And Her Eyes
And Her Smile
in
Edgar Seiwyn's Famous Stage success
NEARLY
MARRIED
3
DAYS
ONLY
The Story of an Almost Bride
and a Not-Quite Bridegroom
The Story of a Road-House
where they serve nothing
but Chicken
Be There Early It's Great
LIBERTY
Quality Service
fully reflected the effect of war pro
fits and were never unduly inflated, it
would seem as if the recent decline had
about discounted changed positions.
There has been comparatively little war
inflation of securities in this market
1iigh prices having been chiefly con
fined to commodities. I'et the shrink
age of values in the United States,
which has benefited more than any
other country by the war, has been far
heavier than in Great Britain, which
suffered much and gained nothing thuB
far from tho purely economic stand
point. Money, both call and time, continues
firm. There is no lack of loanable funds,
but bankers are discriminating sharp
ly as to both size and character of bor
rowers. A feature of note is the new
departure of the government in making
reasonable advances on contracts, unm
recently responsible firms had difficulty
in starting new contracts, and financial
aid was necessarily sought from bank
ers. The British government on tho other
hand has been liberal in its advances
to good parties from the start, and our
government will probably now do like
wise. Tho bond market continues ne
glected. Its depression was, of course,
due to the war, to the advance in inter
est rates and consilient readjustment.
Libertv bond3 dispalyed growing ac
tivity and some slight weakness, owing
to expectations of another isue early in
191S on possibly a 4 1-2 per cent basis.
Foreign government , issues also weak
ened under Germnn successes and fear
of prolongation of the war.
It is a fair question whether the
"Strept" is not undulv pessimistic.
Feeling is very apt to run to extremes
I find the present wave in some respects
j is going beyond reason, so fnr as pre
jscnt conditions can be ?en. Thoso'who
i have surrendered position and future
for sake of country and ew to the
i front are not pessimistic Why should
those left bobind, who have made the
j smallest sacrifice, be the darkest pessim-
istsf The United States has actually mf
fered less than any of the belligerents.
It is still prosperous and busy supply
jing food and munitions to its allies for
which it is generously paid. We are
continent ox u-mrv, bum n. o
also when peace comes. WliT then this
excessive gloom in the financial dis
trict about temporary influences and
setbacks!
HENRY CLEWS.
Mae Murray is now a regular auth
or with typewriter and everything.
That 9,000 Salary Offer.
To the Editor: You deserve the
thanks of an abused citizenship for
your exposure of tho ruse and concocted
scheme of the state school trust to
further pirate upon tho public.
And yet we must not forget the dis
tinguished services of President Kerr
as politician in furtherance of graft.
Only last winter a bill was Introduced
into the legislature to reduce President
Kerr's $7,000 salary. Acting t Sen
ator Ilawley actively opposed it
' and it was sidetracked. When I ex
posed the fact that Ilawley was not a
legal member of the legislature and
was ineligible to become a member at
the 1914 state election, chaperoned by
President Kerr ($7,000) Ilawley slyly
resigned the office and salary that had
disqualified him at tho election. Then
at adjournment of the legislature Pres
ident Kerr ($7,000) assembled at Port-
, land five or six regents and re-elected
j Ilawley to the salary that had dis-
qualified Mm. This act of $7,000 Pres
ident Korr was an admission that
j Hawley was not a member. Now there
is talk of an extra session of the legis
lature and in which event this $7,000
Kerr will of course direct Hawley ti
again quietly resign and loose a
month's salary end then he will again
assemble these five or six pliublo
regents and restore tho salary.
And yet Chapman in his Oregon
Voter says Kerr ($7,000) has kept out
of politic. Don't that just kill yout
jlou t the voters of the state know
jthat "the state school trust goes out
into tho cow counties and looks over
land select's candidates for the legisla
ture, circulates their petitions and
'conducts and finances their campaign
for election and then when elected the
school trust has only" to ask and to
I direct their servants..
I And now the state normal is coming
forward and asking an extension sys
tem and like President Kerr ($7,000)
! load upon the state a horde of pro
cessors (f) who can't pass an 8th
Igrado examination and who may not
kave attended a college or a normal
! but are demanded by scheeming poli
ticians in their deals.
But this $9,000 salary ruse and fake;
this $30 per day and favored by such
men as J. K. Wcathcrford plainly in
dicates that he aspires to some elective
office and is bidding for fuvor and
Bupport of this political organization.
Keep your eye on Weathcrford- Ikies
Prc-si dent Kerr ($7,000) need another
increase in salary ? Well at the time
he came upon O." A. V. it was printed
in tho press that he came from Utah;
that he was a Mormon. Recently I
have been told that in Utah he had 4
wives that in coming to O. A. C- ho
sacrificed three of them, cut them out.
Now if President Kerr ($7,000) pleads
tho moral and human obligation end
liberally contributes to support of
these other three wives, perhaps $7,000
is not sufficient and therefore this
$9,000 fake is justified by meeting th''S
obligation.
JAMES K. SEARS,
Citizen Tax Payer.
Light a Pipe for Our
Boys urihe Trenches
BRITISH SOLDIERS HAVE THEIR PIPES KEPT FILLED BY
THB FOLKS AT HOKE
THB FRENCH "POE0US" NEVER WANT FOE A SMOKE THEIB
FRIENDS AES ON THE JOB
NOW THAT AMERICANS ARE IN FRANCE, IT'S UP TO US TO
SHE THAT THW HAVE THEIB TOBACCO
i T:rr, ."",: &i
mil
fa" i
NAT it WJILLS KILLED Nat !
Wills, "Tho Happy Tramp," is dead.
Death came to him in kindly but
tragic fashion when he was asphyxi
ated in his garage at Woodcliff-on-Hudson,
N. J., by the exhaust from
his car. The comedian, whose untime
ly fate will be mourned by thousands,
was attempting to perforin one of those
acts of charity for which he was not
ed, as the car was to take him to a sol
diers' benefit at tho iew York Uippo-drm.
New Bocks Received
at Public Library
Tho week 's new books are as fol
lows:
"Trenrh warfare", Smith. This is
a description of the construction of
trenches and the warfare that is car
ried on in tliem, written by a second
lieutenant in the British forces-
"My lady of the chimney coiner,"
Irvine. The interesting story of a no
man of poorer class in England, writ
ten with nice appreciation by her son.
A simple but unusual biography.
"r.astern stories and leg. 'mis." r-hed
Ccnis Will Send a Big Package of
Macco to our Boys in Frap.ce Through
the Capital Journal Tobacco Fund
We have made arrangements to have those Big Packages Bent
direct from New York, and every quarter you give inoans enough
smoke for a week for a soldier, who Is requested to acknowledge receipt
of your gift to you personally on a stamped postcard luside tho package.
Of conrso you won't stop at a quarter, Give what you can to this
very worthy cause. TOUR MONEY WILL BUY TWICE A3 MUCH
TOBACCO. THE CAPITAL JOURNAL PACKAGE CONTAINS
TWICE THE VALUE YOU COULD OBTAIN IF YOU BOUGHT IT .
Y0UR33LF. Prominent Magazines and Newspapers are back of this
movement. The Wax and Navy departments nave endorsed It.
FOR THE "TEDDIES" IN THE TRENCHES
AND THB "JACKIES" WITH THE FLEET,
YOU'LL SURELY NOT BEGRUDGE SOME "DOUGH"
TO GIVE THIS LITTLE TREAT.
Leave The Money at the Journal
Office
THE CAPITAL JOURNAL,
SALEM, OREGON
In accordance with your offer to send popular brands of tobaccos and cig
orettes to onr soldiers in Europe in units of 50c packages, each for 25c, I en
close $ and will thank you to send the kinds I have marked be
low and enclose in each package a stamped return post card addressed to in
end comprising:
2 Packages of Lucky Strike Cigarettes, Retail at
3 Packages of Bull Durkam Cigarettes. Retail at
3 Bcoks Bull Durham Cigarette Papers
1 Tin of Tuxedo Tobacco, Retail at .
4 Books cf Tuxodo Cigarette Papers
20o
15o
..10c
45o
(Your Name)
(Street Address)
(Cltr and State)
5
if ir i
J Qrl. .. -vf Jfc Invalids
"".T.
Vi Cl YOU
tji Pnc
mmi wAtir m pay1
A Notritious Diet for AH Ages.
Eaep Horlick's Always on Hand
Quick Lunch; Homo cr CfEca,
lock. A new group of stories from In
dia for the children.
Other titles: "Further foolishness"
Leacoclc; "Our Naupski neighbors,"
Minitcr.
Tiie principal addition to the library
this we:!:, however, is a rroup of pam
phlets on tho use of fooiis. Home are
from the department of agriculture,
some from O. A. C. They are prepared
for circulation to those who may not
have copies. -If every housewife will
carefully read, study and put into ev
eryday use at once the siiKestitins to
he found in such material she will n.r
only be helping to reduce the high cost
of living for her family, but she will
be rendering a distinct patriotic ser
vice to her country at this tijue. Tho
following titles are included:
"How to select foods"
"Pood value of corn and corn prod
ucts. ' '
" I'ood for younsr children."
"Ten lessens on food conservation "
by V. S. food administration.
"Meats: corcposition and cooking. "
"Preparation oi' cgctablcs fur tho
table." i
"The use of milk as food."
"Economical use t meat in the
home."
"Mutton and its value iu the diet.''
"Moat substitutes."
- J? "
yy,'. ,r,.iw, -i :- i'cJli
Our Ifanl Ms
arc the Dait that
catch the Big Fish
Results Try one Ja
to-znorrovs paper
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