East Oregonian : E.O. (Pendleton, OR) 1888-current, 1913-07-07
new ERA FOR
OCEAN TRAVEL
SIZE. NOT SPEED. THE
CHIEF THING IN SHIPS
Iniperator Marks Change in Ocean
Commerce-Stability and Safety are
Principal Matters i'm Building of Big
Liner-Shipping Interests Working
in Corporation.

New York, July Especially
The arrival and departure of the giant
liner Imperator has called attention
in a striking manner to the change
that has taken place in recent years
in the aim and spirit of ocean COM
merce. Formerly the aim in the
building of great liners was all for
speed. Now it is size stability and safe
ty. 1t is now three years since the
present transatlantic record was es-
ia ablished and shipping experts pre-
dict that this record will stand for
long time to come. On the other
hand, the size of the Atlantic liners is
constantly increasing and their COM
fort and safety appliances are being
multiplied The tonnage of the I'm
perator, for example, is nearly double
that of the biggest steamship afloat
a dozen years ago. Not only is the
tendency of the times away from the
dangerous speed mania of former
years, but it is pointed out here that
there is rapidly growing movement
toward the establishment of a great
er spirit of cooperation among the
great shipping interests of the world.
If the various conferences made up
of representatives of the leading in
terests in various shipping fields re-
ceive official approval as seems pos
sible as a result of recent investiga-
tons, it is held by trade experts that
great impetus will be given toward
the establishment of worldwide COM
mercial peace which is regarded as
the strongest possible guarantee of
peace between nations.
A blight that bids fair to upset i'm
portant national institutions and to
bring distress to several million
young Americans is threatened by the
discovery made here this week that
the country is face to face with a
peanut famine. Although the pro-
duction of peanuts in the United
States has increased more rapidly in
the past ten years than that of any
other crop except sugar beets and rice,
while importations from foreign coun-
! tries have more than doubled, demand
has outrun supply to such an extent
that wholesale prices have risen to
| over ten cents pound for the Span
ish product within the present month.
| Two main causes are given by whole
sale dealers to account for the great
advance in the consumption of pea
nuts. One of these Is the great in
crease in their use in the manufac-
ture of foor products; the other is the
multiplication of amusement parks
and automatic vending machines. 1t
Is pointed out that single large con-
Germ engaged in the manufacture of
peanut butter uses as high as $50 car
loads of nuts in the course of sea-
son and that this is a demand thai
has grown up entirely within the past
| few years. over 20.000,000 bushels
| OF peanuts are produced yearly in the
United States which is equivalent to
upwards of two billion five-cent sacks
but it is predicted, in view of the pres
ent situation that these sacks must
become smaller in capacity or higher
in price. Thus will another burden be
added to the high cost of living.
A knotty problem placed before
the law officers of the state of New
York is that of determining the pro-
per valuation to be placed upon the
good will of a metropolitan newspaper
The question arose in appraising the
estate of the late Joseph Pulitzer
proprietor of the New York World
and st. Louis Post Dispatch. Expert
opinion was sought in order to settle
the question but the opinions of the
experts varied widely. C. NJ. Palmer