PAGE TWELVE Clews Sees Reasons Fo r Caution and Hope In Post War Finan cial Situation y v Piedmont Peanut Oil lias the genuine nature flavor unimpaired by chemical treatment, blending or adulteration. Made by the cold-pressed process, it is easy of digestion and keeps fresh a long, long time. A.k for PIEDMONT- "v The food oil with y ' New Xotk, May 31. One of our fore-'another year will consequently be aiia omst bankera returned from Europe ply tremendous ,ud the enly impedi with very discouraging views regarding moot to widening mercantile activity at economic conditions over there. Such thia moment is ft produent hesitation of views are but natural to those who distributors to atoek tip freely at cur- have been forced te endure prolonged rent high price. But A great oa t mi a. All the' belligerent have auf-'aumptire demand ia in prospect after- fered beyond word, and their people 'the lew. thu onlv check urjoa whica -m are more or lea. under the influenee of l bt h . . nsr.'nita urbmintinn an that t thia i i mu t . ' . . . , , . . ' . : . ' , nateiy High pnves that are lrcdv t- hopefulness aot to be expected. But : j Ba rer,int " b thia atate of anind ia only transitory, j - J The recuperative abilities of the three j rha Railroads and Conxrexs. greatest :Pr nations are not fu..w The icullura, !titu,tio is tl(M) , roamed. Who. i pwe has been signed, important facto, in the railed when unrest aubaides, when industry re- lOMtIook whil.h othetwis. wouid be very yives. drooping ap.r.ts will vanish; idi8CouraKi It to crediWr italed that the hopes of a new and better era will th r,ilro,dll will rim MM to the stimulate men into fresh energy and am(MJnt of ,U50)00o,ooO before return to their owners; a sum which eongress may be asked to appropriate in fulfill ment of its promise to restore the roatis to their owners in as good condition as enterprise. The surest euro for pott war maladies will be work. The world is weary of bloodshed and waste; It hungers for productivity, and this coun try can devote itself to no more te-when ,akeIl over. Thili promise alone " ,u.a bh..,.k resum.va IKVcd ,he from frnancja. disaster, CATES NEWS ITEMS. (Cupital .rournal Hpeciul Service) There vta a Jiig dance In the new I. O, it. F. hall Saturday night and every bmly had a good time. Mrs. Ida ftaffeay of Purtlund was un iver friunday with .Mrs. R. W. Hall, reti'i ning Momlnv morning on the train Mr. and Mrs. II. 1.. Knnilom and two ilii'.lren left Miuiday fur Sacramento, t'al.f., to visit with their daughter, Mi. Lyons, 11 ud expect t" bo j(uue for three months. Mr. and Mrs. Less Dike nrc moving kw-iv; Mrs. Hike is going to Albany and lrt Is going to his mines ifor while. Till Haines went to Salem Monday to te oh the jury far two weeks. Jnke Hester left this morning on tln train, hut e?ill return to Gates soon, as be euu't stay away long, Anderson hotel went on a strike willi llio boys from the (lutes .Mill Co. ami whs not going to send out din ners, but thitini were fixed up by the raise, of board. Tne .Nit. Iloreu grange will meet, at their hull Friday niht, May the Oth, and hop every body will be out. Mrs. H. Hesenman and .daughter re turned from Fortland Sunday after i two weeks visit with her grandmother and aunt. Mr. Edward and wife have moved in Mrs. tRandon's house, while they are away. Mrs. -MeCurdy is in I'ortlaud for a visit for a few days. Mr. and Mrs. Fred Ilassett were up over Sunday with Mrs. Bnssett'a par ents, (ieo. Stafford. roo roKCEs aiemen down Chicago, June 4. Harry Johnson, an aviator of Denver, left Ashburne field, Chicago, this morning, in an air plane with the intention of flying to Denver. He purchased the machine here yesterday. Ho expects to arrive in lVnver about noon tomorrow. Johnson carried two Passengers and expects to make the trip with one atop Denver, Juno 4. Harry Johnson, flying to Denver ifrom Chicago, were forced to alight at 'real on, la., accord ing to a message received by hi futh with all the financial and industrial support that we can safely put forth. Iir helping Europe on sound and gener ous lines we shall be helping ourselves. We have an abundance of all the food and raw material needed across the At lantic, and if we lend wisely and lib orally Kurope will lie able to pay lis the inure promptly. Our Place In the World. The United State is today beyond question the atrongest nation in the world. We have rest' he'd our maturity, though far from our full development. We need a freer intercourse with our fellow-men throughout the world. We want more of the fruits of civilization; and if we are to possess these things, as, we should, we must be prepared to tuke our proper plane in the forefront of the family of nation, ready for the resionsil)illties that such legitimate ends imply. We must sustain, the weak; doing our part for maintaining interna tional order,, and giving tho helping hand to those about to embark upon the stormy seas of self government and de mocracy. Ueorjje Washington's memor able advice about avoiding foreign en tanglements applied very closely when wo first began to walk in paths of free dom; but they do not apply in the same degree under modern circumstances. Bo-, spoiiHibllities of this character have too and, when to thia ia added the prospect of good business next fall, it ia seen that their future is much better than appears on the surface: hence their reeent strength. The next important eonsidera tion in connection with security values is the attitude of the new Congress to ward business, which is more reason able and capable than its predecessor. The necessary appropriations will cer tainlv be mude: the railroad problem I of course will be tackled, and some Inv provemcnt in the method of taxation will be accomplished, even if no reduc tion in amount is effected. Tariff b'R islation is possible, but it will be" dif ficult to devise any increase 111 rates that will add toneceSRniy revenues, when imports are already tbnorinally light and not likely to show much in crease this yenr. The fewer the chang es in the tariff the better, until moro settled conditions are reached. Feeding Europe. Foreign trade returns in detail show somo very striking changes. . Dunn the lust ten months exporta or menu stuffs reached 7a9,000,(Wu, an increase of t221.000.0U0; nnd meats totaled fwu- 000,000,a gain of t410,000,000. Here is a total increase of 631,000.000 in food stuffs, to which might bo added nnomcr item, 7),000,000 gain' in cotlou oil shipments. While a portion or tue m - . ft GAMEL Cigarettes meet your taste in many new and unusual ways. You quickly become fond of them they re so refreshing and cool and fragrant You see, Camels are an expert blend of choice Turk ish and choice Domestic tobaccos which guarantees the most delightful cigarette qualities that have ever been put into a cigarette. Your test will prove that you prefer the expert Camel blend to either kind of tobacco smoked straight. Camels blend not only frees the cigarettes from any unpleasant cigaretty aftertaste or any unpleas ant cigaretty odor but it assures that remarkable mellow-mild-body 1 And, you'll be interested to know that no matter how liberally you smoke Camels they will not tire your taste! Camels are a cigarette revelation! Prove that yourself 1 We suggest right here that you compare Camels with any cigarettes in the world at any price for quality and for satisfaction! Cfnttticmllr aM4 pa4 of JO rirfrtt r stn 0mck (200 or.fl) in t 4 ,n-p.pr-rovrvrfrrf on. W Urvntly Mxmm4 tfs esrton for th ttmm tupply or tfroL I. J. KETNOLDS T01ACC0 CO. wisrtM-hka, H. C 18 cents a package ing. Safe fflffCkAmmtzimww ft tonight. A. heavy fog caused the lunil long fallen upon a single uatiou; Ureat m,aBl. ls , t0 higher prices, it is very Brituiu already Having a mucn ncavicr ievi(lpnt ,),, our efforts to teea Biurv burden of tha character than she can l. V,i,,. liv caused an expunsion of be expected to carry without incurring I . .. 7ooooO,00(i in our food exports . . .a I j . i tlTI . ...II , .. jeulousy U sue auneu to u. ny suoumfor ,,19 , m0nths ending April. ass ron TU Original - ; ICS-..jMk. . i nourishing Digest IbU NaCookln Fji-Iiifwiis.InvaliJssnaarovvlngChlldren.jRIthMllk.MaltsdQraIn Extract In Powder Tfca OrWlmd Food-Drink For All Airea. OTHERS arc IMITATIONS r; - - ,vt - q t ... : t. . I- Hi . - . n 1 , TV i" s- "J.'' TM' i.atiki- i:i: riov rs fkmi-mnk hkat !Eab by Tin: kkkncii A,l;li.TH IN TiiK MlldiliN KHV 1.1 N K f f ;i . . .-.mi i Give Colicky Babies "k Mrs. Window's Syrup and watch V tne smiles that follow. This has bcrn the happy experience of many mothers after being sorely tried over baby's fret- fulness, sleepless nights and other disorders due to stomach and bowel troubles. un SAVINS LOW'S yi V r W aP The MbU' 14 ChilJrea's Rf utator i3 purely a vrm;tablc preparation that causes Binm.-wh ' to digest food and bowels to move as they 1 thodd thereby overcoming const ipation, diar- rhoea, fl.aulency, wind colic and similar trou- w ' During teething time it is especially good. V, Cwlatn no opiate, narcotics, tlcohoi c other krta x. I drugs, Abttrfutrty barmlrsa. Formula on every - ; tattle. AgwaWe ar.d usef ul as a household remedy. ' AtAttDrn noo witr!t tim co tutu r ,Rt. ewn(.'i itniii H.wUf llfcteftC.ka, '" f (t Tumi, CmuIi J. C. ferry we not act a disinterested guitlo and stabilizer to wretched Armenia and dis organised. Turkey? Ko one will deuy that o"' aupervision over Cuba and the Philippines haa been beneficial to all concerned, despite our mistakes. We have shirked audi responsibilities too long. Lot us take our proper place in world leadership on lines that will ap pease and not create jealousies. Kuch a policy would bioaden our vision, at the same time diverting us from petty homo politics nd saving us from the evils of excessive self Introspection. Psychology a Market Tactor. Tuvchology ia playing an extraordi nary In part in the present security mar ket. It Is a common belief that there is no sentiment In business; and In large measure this is true. But confi dence aud depression are opposing senti ments, which have had very much In deed to do with values since war began. We are jut emerging from the most stuiMMtdrtiis crisis In history and extreme reactions are inevitable. In otnei woius, I lie pendulum must swing backward as violently K it previously swung for ward, accelerated by economic slarva tinii following war. We are already in a pci'iud ofutu'easoning optimism, a per fectly natural sequence of the tirribla depression of tho last few years. Tho oiid is consequently tthreatene.l with au cm of speculation and expunsion that later on may strain banking re sources to the very limit unless re I mint is wisely and courageously ap plied to prevent dangerous excesses. Fortunately American bankers are much alive to such possibilities, though with out co operation of the business com munity they cannot be entirely averted. The present inflationary tenicr is the seqiieuce of past events; a sort of fever in the blood of our economic system, nhich must run its course to the point, of exhaustion, a result not yet iu sight. Iiespite inflation of credit, commodities and wages, the business situation in the foiled Stales is aliil strong; much stronger thai! that of any other n:.tion in the world, because for the next If months at least we stand to lose less and giiin more than any of tho othc mu ions involved. There are unuanni danger spots aheud and great ritk of aniiiflation that will brum unpleasant consequences later on, unless checked in tine. The immediate outlook, however, us a whole wunauts discriminating con fidence and a (toady belief in all sound and well established enterprise. Stock Market Influences. Hlovk Kxehange activity has contin ued upon an ratiaordinary scale nearly H.tHKt.tmO shares daily, although inter vention of lVcorction iHiy caused some slowing down. Values as a rub con tinue to advance, the exceptions beiuu fc and uiiimtKiitant. Considci lug the enormous transactions, profit taking was very moderate in fact, moderate liquidation is desiiable in some quarters where the pace has been tw fast and the rise too uneven. The greatest ad vances were aino: (tie iniliisli ia.s, unt j a few of which nre niaUng verv large . earnings, Thus far, however, the rise has been simply a natural response to j unpterctlt tiled conditions, the prime fae- ' tor beiuf the great wave of aricul- j turat pioMiei t v whii h is sweeping the , country. Even should the, weather Dot ! prove all that niiht be desired during the next few wei-ks, we are assured a whi st crop of pixi.mmooit Im-heN. Of j more, at evci-edirgly profitable prie j The bitting power of the interior fur' Firm Time Money The monetary outlook is fairly aut isfuetory. Our government is issuing treasury . notes quito freely, and the banks are taking them without difficul ty, having aomewhut lessened their holdlngsof government bouds. In the early part of June the second install ment on the Liberty bonds will become due. Foreign governments are likely to seek credits in larger Bums; and the necessity of financing our export trade on definite lines is ulso becoming more pressing, in proof of which is the gov ernment sentiment favorinu the crea tion of a huge banking organisation for Ihispurpose. Local applications for capital are becoming more numerous, and within I few months the demands for crop moving will assert themselves; not to speak of the expected greater aetKrity in business, and tho effect of high values which nbsorb banking funds. The chances, therefore, favor firm money for several months to come. Kenctions in the stock market were slight and a strong undertone slid pre vails, the upward movement apparently not having exhausted itself by any means. Steel issues nn.iiitained their NATION'S DEBT HUGE ONE leadership owing to Improved prospects VANDERLIP RESIGNS FEOM of the industry itself. Attention is be- HEAD OF NATIONAL CITY ing gradually turned to securities thus far neglected and which are more at- fc ticker tod w . fc of 25)921,131,270 at the end of asay, tro,.ti tk..n n,.,-o l,lv ...lii,,,. of '.w iwuwy isrijeu a report mat i i.-a.. tinnuHin p,,.;... high figures. HKXRY CLEWS. Washington, June 4. Tie nation's public, ereirt teaehed a new high asarV AN ENEMY OF WOMANHOOD The complexion, digestion and al most the complete personality of wo man are ik-penrtent upon health. Wo man 'a ills are her great enemy, as they cause bad complexion, lmk circles un der the eyes, headache, backache, nerv outness, sleeplessness, dragging down pair.s and the. blues, and often totally unfit her for a companion. The great American remedy for such conditions is Lvitia K. J'inkham 's Vegetable Com pound, which has been restoring three generations of ailing women to health, and may be relied upon with perfect confidence. ROLL OF HONOR . vanderlip, president of the the month, resulting from new issues) of National City bank, had resigned. No 'certificates of indebtedness and pay reason was given, ments on victory loan subscriptions. . . ... . ... l uru irr uisunrsrmenra in jhit At the bank the report was anther Umonnted o (907,48390, ealy (lightly less than the l,0tifs,iMKl,0V0 in the same- moiitn jast year. t - T ?. Watson, widely known amonr Pacific coast ehiping wean, has bee a made general c'aiin agent ef the Pa cific Steamship company, with head nuartcrs at Tacoma Strong BUILDING UP. -OUR MANHOOD Givsn Up to Dia by Her Friends, a Young Lady Recovers Jtsr Hsalth and Increases Weight 45 Pounds. A Powerful Nation Needs Healthy Women. A nation Is no stronger than Its women. Hence, It la the duty of ev ery woman wheth er young, middle axe, or In advanced lite to preserve her ffenlth. If you aro sick and suffering don't wait until to morrow but seek relief at oticeto day. Tomorrow your Illness may take ft chronlo turn. There la a remedy for almost every 111. Thousands have found Peruna to be that remedy as did Miss Clara Lohr of 2t N. Oold St, Grand lUplds. .Mii-hiirnn. She wrltea ft friend: "I don't need IVruna any more. I am all well after taking alt bottles. I weighed ninety pounda before I started and waa poor and weakly. I had such ft couh and spitting- all the tlnia that I never expected ' recover. My friends gave me up. I could eat nothing. Now I ran eat and welsh 13i pounds. I most thankfully rec ommend IVruna to my friends." Mtss Lohr' a h-tter Is an Inspira tion, a mess re of hope to sutlering women. It tells you that you to.) may be strong and well and vigor ous. rerun jnr had In either liquid or tablet form. Ask your dealer. If you value hal!h, do not accept a substitute. Ir. Ilartmnn's World Famous I'erun Took- is what you want. The IVruna Com pany. IVpL 7. Columbus. Ohio, also Publish, IV. Hartman's Health Hook. The b-x'k la free. Write for 1L Tour da!er will give you ft Peruu. Almanac. Killed in action Died from wounds Hied of accident and other causes l'ied of disease Wounded severely Wounileil, degree undetermined Wounded slightly Missing in action .... (i ..12 .US KM IS Total lad Killed In Action Privates Basil Skraba, S Heart X D Ralph M Thompson, Oneida O Nantiasto Aguilnr, Wan Miguel X M Henry R Boner, New Orleans La -Norinnn M Jteed Long Bottom 0 Died of ' Wounds Corporal Im I, lino. Haverloek la r'red Randall, Lyndon Kans Privates Lewis Crosovolt, Houtxdnle l'a Iiui De Iica, Brooklyn , August H Rittmilbr, Baltimore Died of Accident and Other Causes Privates Henry K Kberle, I'hilodelphia William ,f ngent, Cleveland O llepjrtmin V Zoarjh, Bmbngton V J Kreileriek K Harrison, liti l lah Franc's ,T Lange. Peoria III cgt Joseph C Oismore, Berwyn 111 tgt William L Norris, Noffolk Va Privates Cecil E Jeffcoat, Model Colo Willis O Kimball, Indianapolis Thomas J Allen, Ijiwnside .S J Fred Griffin, Hillman t)a Thomas A Taylor Roanoke Va. Died of Disease M Lionel A Anderson, Ijiwrence Ks Sgt .loiin F Clark, Houston Tex Bugler (leorg J Nelson, 8 I'tovo I't Wagoner Clement C Bates James town l'a Cook (iarnet L lirnv. Mason City Xeb Privates Im 8 MiMire, Valine Tex Meshack Raberson, Houston Tex William R Wright. Whitney S C Clim Anderson. Hannah Mo Thomas C Brubaker, Lurav Va Will T Hamlet. Lurav tenn rhilip J llojsn, Dougheflr la WWiiam l Keeff, Alton lit Frank W Itaber, Pleaant View Tenn Charles t (leiehter. Curtiie O Willie M Brvant. Aiibott-tuirz X C Davis II Durst tdVna O William Feklei. Bellville Tei Clarence Jlnrf, Woodville ta Ikn Turner, Peckerd Tenn Tom Wells, Oak I'rk l.a tieorge White, Prentiss Mtss William Knight, aged NO years, rx sheriff of Clavkaoias county, has serv ed the Canby honj district as flerj for 9 years and is stUl with the jeb and giving sstifsetion. denied nor confirmed hut V.n,L.I!.l. i secretary said statement probably would be made later in the day. Vanderlip waa attending board meeting. At the bank later it was announced that Vanderlip had resigned. , ANTI-StirrEAOISTS PLANNING TO PREVENT WOMEN VOTING. Waco, Texas, June 4. Encouraged by defeat of tho woman suffrage amendment In the recent eonstitutionr.l amendment election, anti-suffragists hero arc organizing a utate-wlde more nientto prevent women from voting in any election. At a mass meeting last night spiakers urged reiienl of the women's primary suffrage law allowing women to vote in primaries T)r. Aurella Reinhart, president "of Mills college, California, will speak at the Penrose celebration at Whitman eolletre on the afternoon of .Tune 9. When you feel that your stomach, Kver or Hood is out of order, renew their health by taking BEMIAM'5 FILLS .1 Ssl. ol At M-Hdmo to . WM. &cdt -jvXijuvtiui oakI ScAt" vuAu. tfds ujijviotral and. truan to--tvoicL. -it. Every grocer everywhere sells Kellogg's. of- . Vw if Hit AuratfiCait V c-.-vw.i.s , ' -"it, a -.pot S v .-h Imh ? 4j'f tilWH s. . ? -'-;.. s5 JH' U, .V.- AW- J'iSS'j-Zr H9' & vft. I Vii! tl '(! I ; Uil . i; .'(' JST k m