davidaulloa/AmericanStories huggingface dataset:
Capital journal. (Salem, Or.) 1919-1980, 1921-08-26
Col. E. Hofer in Oregon Magazine.

COI. e. nuItI III OIckVA MAX
A commission has been named
by order of the Legislature TO con
slider how taxation burdens should
be adjusted, and to devise new
ways Of raising state revenues.
AS such commissions go IL Is
probably as good as any that
could be selected except that there
is foregone conclusion that this
body is really organized to esta5-
lish state income tax.
There is already federal In
come tax and the roll contains the
names of persons in Oregon who
pay an income tax to the federal
government, and all the commits
Capital journal. (Salem, Or.) 1919-1980, 1921-08-26
Roman Rule
Explained by
New Discovery

London, Aug. 25.-A discovery
which, 1t is claimed. will form
one of the fundamental sources for
a history of the Roman empire un-
der Augustus has been made re-
Capital journal. (Salem, Or.) 1919-1980, 1921-08-26
Open Forum

Contributions TO This Column
must be plainly written on one
side of paper only, limited to
800 words In length and signed
with the name Of the writer.
Articles not meeting these spe-
cifications will be rejected.
Capital journal. (Salem, Or.) 1919-1980, 1921-08-26

n -
esas. esm.,.. = slisSsi's :;
st'''s'sry A. s0 also ha. j.. !
= :, ~ AD'lsais' ! cAlI.tI., !
fsvatsd, s..s ana st1's,s i as',, ! y
ss sarce. some Cutie n.y.. ~
prent pren found which Il. =; ~ /
s1eat torS !, importance p j ~, = \
TO be written eolqass
Capital journal. (Salem, Or.) 1919-1980, 1921-08-26
!. '2,S6S
WANT /,

not including r.,
ana Classified n
printed in The y y
s,,. Journal during M /
@tLi @fotalling 1858 lia,'
Double the nunbs, '' |.
other paper.
Want Ads paj
The Washington times., 1921-04-27
SANE FINANCIAL METHODS.

SANE FINANCIAL METHODS.
Al am very glad to come and greet
you IL I can bring somehow the as
surance from ono in a position of re-
sponsibility that sane and sober
America still believes in sane and
sober financial methods. The COM
mercial life OF any people Is the very
life blood of it's existence. and you
can't have a wholesome commercial
life without you have a secure finan-
cial life. As much as wish Amer
lea to find its way rapidly forward,
know IL is practically useless to
think about until America returns to
sound, normal methods, founded on
everlasting principles.
mo nation can ever succeed, no
nation can ever write it's chapter into
the story Of commercial achieve
ment, no nation need ever aspire to
eminence in the activities of man
kind unless 1t is nation OF SOUND
financial policies. committed first Of
all to the righteous discharge OF its
obligations.
II said not very long ago In some
official capacity that no civilization
could endure in reputation.
81 am not speaking with dehbera-
ton tonight, but with rather more
informally and cx.amporaneousness
than the occasion woul1 justify, but
/ would like to say to you just as
though l had de.:beratec about ii
long while that I DON. believe the
government or it's institutions CT
financial and commercial character
can be run by mere theorists who
never accomplished anything for
the mselves.
81 have ventured to say on several
occasions. one thing l believe this
great republic needs aboye every
thing else was less government IN
business and more business in gov
eminent"
Previous to the arrival OF the Pres
! ident shortly after IL o'clock, Vice
President Coolidge made a brief nd
dress in which he called upon me
bankers of the country to realize
that they ARE public officers PEI
forming public functions for the well
fare of the people of the nation"
His reading of the aims of Presi-
dent Harding's administration TO d
him that at all times the chief ex-
ecutive plans to call to his councils
The Washington times., 1921-04-27

States hit almost hard by high rates of transit agc
ure. We have placed embargo ourselves and must
find speedy of removing it if going to revive
business and the railroads from bankruptcy.
"The situation is acute that immediate relief is lmpera
tive substantial reduction in rates is the only solution This
bill will at least help Since the Transportation act was passed
Interstate Commerce Commission has made orders
advancing passenger freight rates both in seventeen States
and proceedings progress before the Commission
looking toward making of like orders in six other States
n every State where of these orders has been made
litigation has followed In most of the railroads have be-
gun against the State officials to injunction to prevent
them any way enforcing the lower State rates On the
other hand States have begun suits to test the validity OF the
Commissions orders Three (hose from New York, Wisconsin
and Mnneoa already have reached the Supreme Court The
passage of this bill will Immediately terminate this mass OF hga
ton and prevent further interference by the Commission IN ma
state matters"
The Washington times., 1921-04-27
HHNysn%fnrr Blu SINESS AND FIN nee VII
President Advocates
"Hands off, Business

Declaring that government must to be competitor
business that end must be put ITO its pesfcrouS in
Auence with righteous legitimate business" President Harding
at the banquet of the District of Columbia Bankers Asso
citation last evening aroused the $50 guests to high pitch of
enthusiasm.
Government the Chief Executive also avened, SHOULD
cease competitor of business which ought he sad to
be in the hands of private enterprise"
"Then the other side" continued the President 81 just
as firmly believe that ought apply the intelligent
methods business conducting the greatest business in the
The Washington times., 1921-04-27
ATLANTIC GULF MEETING.

According to dispatches there was
little excitement at the annual meet
ing OF Atlantic, Gulf and West indies
stock holders, held In Maine. This
meeting will hereafter be held the
fourth Tuesday In May, In order to
enable the publication of the annual
report before II is held.
In the last three years the report
has been delayed until the latter part
Of May. Directors are expected to
meet tomorrow and official announce
ment Of the preferred dividend should
he forthcoming, as the siSty-dly
post ponement has expired.
The Washington times., 1921-04-27
CENTRAL LEATHER STATEMENT

The S3,951 $40 deficit for Central
Leather in the first quarter has prac-
tically wiped out all of its profit and
loss surplus, leaving $223,296 as OF
March 81.
While no statement was issued re-
garding the reserve" of $4,000 900.
an official who was seen following
the directors meeting confirmed the
views expressed in this column sew
eral weeks ago. That is, he said:
There is no such reserve. If there
were it would be shown among the
liabilities" Statements that there
was such reserve" would. there
fore, appear as entirely, unauth orized.
The S5,500,OO shown in the 1920 re-
port was a write-off to bring the
actual value of the inventory down
to the market figure OF S60,5S6,9S3 as
OF December 81. Further deprecia-
ton in the price of hides and leather
compelled further write-off OF
s. so, 900 in the first quarter.
The actual value of the company's
inventory at this time. this official
states, is but slightly less than 500
500, 900 despite the 81, $50 900 write-off.
as some purchases were made during
the first three months of the year.
Should further write-o be neces-
STATED during the current period 1T
will mean a further charge against
income. The Anal profit and loss sur
plus of only 1929, 200 is less than half
OF what is required to meet quar-
terly payment of ~ per cent on the
preferred stock and explains why
there is doubt as to the continuance
OF such a payment at present
The directors meet for action the
latter part of next month, and the
general feeling is that to declare such
a payment would be skating on thin
ice"
Directors of the American Hide and
Leather Company, who usually hold
their meeting the last Tuesday In
April, have postponed IT until next
The Washington times., 1921-04-27
NEW YORK MARKET
WEAK AT OPENING
Declines Ranging From Half to
Two Points Mark Early Trad
inu-U. S. Steel Loses,

NEW YORK, April 27.-The stock
market opened active and weak to-
day. with declines ranging "A to over
2 points.
United States Steel opened at a
decline of 1 point, ranging from SIS
to 81.
Crucible dropped ~ to SIN. Sin
clair Oil was down n at 81. Bald
win was off a at SO. Studebaker de-
clined n to S6ts.
Pennsylvania, whose directors meet
todsy to act on the dividend, was n
lower. at 35k. eBthlehem Steel "B''
lost IL, to b9&. General Asphalt
broke ~. to 81. Republic Steel de-
clined III, to 81, and Central Leather
fell II, to 80.
The Washington times., 1921-04-27
COMMITTEE IN CHARGE.

President r. ". Harper of the Dis
trlct Bankers Association presided
and headed the committee In charge
which also included Col. Wade H.
Cooper, president of the Union Savings
Bank; Joshua Evans, vice president
OF the Riggs National Bank; Harry
". Haynes, president of the Farmers
and Mechanics National Bank: NJ. d.
Rosenberg. president, Bank of Com
merce and Savings; w. w. Spaid,
president, Dupont National Bank, and
Corcoran Thorn, vice president,
American Security and Trust Com
pany.
The Washington times., 1921-04-27
BETHLEHEM STEEL REPORT.

The Bethlehem Steel dill ectors meet
tomorrow and the regular quart err
dividends are looked for. Income
statement for the first quarter is ex-
pected to show net OF approximately
100000. Such a showing would be
very favorable in view OF the depress-
ing reports issued by other companies.
Due to the several branches of in
Gustry IN which the corporation oper-
ates, 1t is able to show a profit when
others can not. 1t 10 stated that a
: God part of the showing for the first
three months was due to shipbuilding
operations
The Washington times., 1921-04-27

the business intelligence of the ma
ton in order that II may have the
assistance of those who have MASTER
ed the great enterprises OF the coun-
try.
CRIssINGER ATTACKS MIDDLE
MEN.
d. r. Crissinger. Comptroller Of
the Currency. declared that the pres
ent business situation Is due to the
"chain OF middlemen who frustra'e
the fundamental law of economies In
order to maintain high prices"
THE law of supply and demand,
he said. els as dead as a New Eng
land salt mackereL"
Manufacturers, jobbers, wholesal-
ers, retailers, laborers," he continued,
ARE all in some sort of combination
to Illustrate this fundamental law.
Each is out to get his first
These combinations have gotten
prices OF things to the point where
there is no relation between cost OF
raw materials and cost of production;
no relation between cost of produce
ton and cost to the consumer; in
short, where there is no relation be-
tween value and selling price. The
consumers know this, and SO they are
waiting. They have Joined the pro-
cession OF interests whose motto is
wen get ours first They are de-
terminec to buy no more than abso-
Lutte nails in a market thus uncon-
scionably fixed"
Arthur Reynolds. vice president of
the Continental and Commercial Ma
tional Bank of Chicago, also made
brief address and the Rev. Henry A.
Upper, pastor Of the First Baptist
Church. delivered the invocation.
The Washington times., 1921-04-27
EDWARDS 4 co. TO MOVE.

John l.. Edwards a Co., will move
to it's new home at 1416 II street on
Saturday, according to annuancement
made today.
The II street building was recently
purchased by the Arm, which has
renovated the interior and installed
a large 27-foot board together with
a complete modern equipment.
The new offices will he opened for
business on Monday. according to the
expectations Of the Arm.
The Washington times., 1921-04-27
PREPARATION AND THE MARKET.

There are some traders who are I'M
nble to zee anything on the horizon
except "reparation." Thee appear to
talk, eat and sleep PREPARATION"
A settlement, according TO their be-
lief, will cure all economic Ills. They
lay 1t will stSengti en- tho Allies,
.evive trade. stabilize International
exchange and CT edit, redul 20 tax burd-
ems, provide additional icarkets for
cur goods, and so on. They appear to
forget that all tho good ,esults will
largely depend on tho ability of Ger
many to pay. and to what use the
money Is to be put when received.
The Washington times., 1921-04-27

per cent annually on their prop
erty investment is asked in a
bill just introduced in the Senate
by Senator Capper of Kansas.
The measure also makes ex-
plicit the intent of Congress not
to encroach upon the jurisdic-
ton of the States in the regula-
ton of their internal commerce
and rescinds all orders of the
Interstate Commerce Commits
sion affecting interstate rates.
In presenting the bill, Senator
Capper said:
RAILROADS rates are now pro-
hibitive on many products of
the farm. Not only do we have
the situation in regard to agri-
culture, but we have a nation
wide stagnation of general bust
mace for commerce between the
The Washington times., 1921-04-27
FOREIGN EXCHANGE.

NEW YORK, April 27.-The foreign
exchange market opened weak today.
with demand sterling unchanged 10
1905 Francs yielded 1S confines to
1853 for cables and 7.52 for checks.
Lires were 4 points lower to 4.S5 for
cables and 4.s4 for checks.
Belgians were 6 centimes lower to
7.59 for cables and TBS for checks.
other quotations are: Guilder cables
$500, checks 340s; Sweden Kronen
cables 1925, checks 1920; marks 1876.
The Washington times., 1921-04-27
RAILROAD DyyIDENDs

Directors OF the Pennsylvania rail-
road and the Delaware and Hudson
are scheduled to meet today. While
Delaware and Hudson Is expected to
make the regular declarations, a re-
duction Is looked for in the PennsyI-
vania payment General expectations
are of a cut from the regular u per
cent TO I per cent, which will put The
stock on a per cent or 81 annual
basis.
The Washington times., 1921-04-27
TO PROBE DEFEATING
OF INDUSTRIAL VALUES

BY direction Of President Harding.
the Federal Reserve Board has un-
dertaken a special inquiry into the
problem of debating industrial val
ues without serious injury to tho
agricultural interests.
1t is understood that some steps
to aid agriculture In connection with
the deflation trend may be taken
by the board In the near future.
The Washington times., 1921-04-27
JAPAN BUYING WHEAT.

A total of 10000 tons of wheat have
! cen accumulated for spot shipment
through purchase by japan along the
Columbia River and puget Sound, 1t
is learned in Seattle. Wash. Mitsui &
Co.. of Japan are the buyers
The Washington times., 1921-04-27
SPINNING MILLS MERGE.

The New Jersey Worsted Spinning
ompany, Garfield. N. J., and the Gera
Mills. Passaic, n. j., will be consoli-
later this week under the name OF
he New Jersey Gera Mills, with
combined capital OF 100000. The
mills. which are operating at nearly
'ull force, employ about 5000 men.
The Washington times., 1921-04-27
COTTON MILLS REoPENEp

FITCHBURG. Mass. April 26.-The
Grant and the Fitchburs yarn mills,
manufacturers OF cotton yarn, which
have been closed since last October.
were re-opened today with a wage cut
said to average so per cent.
The Washington times., 1921-04-27
Prosperity Returning
SILK MILL EXPANDS.

Hazleto:l, Pa, is installing additional
machinery. and will take on forty
more weavers within the next three
weeks.
The Washington times., 1921-04-27
LEAD PRICE ADVANCED.

The American Smelling & Refining
Company has announced IN advance
N the price of lead from A.25 to 4.35.
The Washington times., 1921-04-27
STEEL MILLS RESUME.

The Canton Sheet Stcc. Company,
If Pittsburgh. Pa, has announced the
reopening OF all of its thirteen mills
at full operations. More than 1000
Icen have returned to work.
The Washington times., 1921-04-27
MORE GOLD COMING.

A shipment of S3.425.o OF golc ha'
eft Southampton on the steame,
Lapland consigned to New Yorl
ankers.
The Washington times., 1921-04-27
Cut in Freight Rates
Urged by Sen. Capper

Repeal of the provisions of the Transportation act author
ling the Interstate Commerce Commission to establish level
of freight and passenger the railroads return of
The Washington times., 1921-04-27
q. 8. STEEL INCOME.

While total net earnings of United
States Steel for the first quarter Of
So, 2S6,722 was about as expected.
earnings for the individual months
contained a surprise.
Aprirs net of SRA 1852 was only
une-half of that shown for January
CT S14,3S7,474. January earnings wcr.
somewhat larger than looked for, as
ret for December, 1920, was $12.o89.-
500.
cent in earnings over a two-month
period throws a strong light on what
the actual conditions in the steel m
dustry have been. With the. Steel
Corporation affected to such an ex-
tent, the effect on Crucible and other
steel companies who have made no
report on operations must have been
worse.
The Washington times., 1921-04-27
Wall Street Gossip

Tuesday. At that time the quar-
terly earnings statement will be is
sued. The best estimate is that it will
show an operating loss Of about
100000.
While there is some likelihood that
a further writing down Of inventory
may increase the deficit. it has not
yet been decided whether such a re.
duction will be necessary, because OF
an advance in the market price OF
its hides.
This company has marked it's hold
ings down to a conservative figure
and is also understood to have re-
duced to bank loans. Although IT will
probably be many months before pre-
ferred dividends can be resumed, there
is no bonded indebtedness and IL
would appear as though the worst
might be over.
, 1921-08-18
SCHOOL DAYS
AN OPPORTUNITY

Are you a girl of high school age.
or the mother or father or friend of
such a girl? II so. you will be in
terested in Ivinson Hall. the
Cathedral School for Girls, the
school that is offering opportunities
to Wyoming girls that never before
have been offered. All the delight
full home surroundings are com
bined with the opportunity of Sc
curing an education in our Univer-
sity City. Ivinson Hall is situated
in the heart OF Laramie, a beautiful
home. surrounded by trees and spa
cious grounds where there will be
room for sixty girls to live and en-
joy its advantages during the COM
ing year.
This new school is under the
auspices of the Episcopal church
with Miss Laura J. Wurts in charge.
but girls of other denominations will
be welcomed. The general educa-
ton for the girls will be at the pub
lie schools with such other subjects
as social and folk dancing and con-
vocational French taught at the
Hall. The tuition fee includes books.
board, room bedding and instruction
in the subjects taught. Bishop
Thomas has offered twenty scholar
ships of fifty dollars each to girls
needing the assistance. Limited OPP
portunities in performing extra
household duties will be offered
girls who wish to earn part of their
tuition.
1vinson Hall fills a timely need.
for in Wyoming there are many
communities where there are no
high schools. There will also be
room in the Hall or a few girls
under high school age. Ivinson Hall
enables girls to secure such an edu-
cation at our splendid State Univer-
sity High School and in addition
provides a home with a congenial
happy group OF girls at a very mod
crate price. Any girls Of high school
age. full OF enthusiasm and fun of
youth will look forward to the good
times, too. that will be a part of the
life in Ivinson Hall. Parties and
picnics will be included on the
years program. To work. and play
and live together with other girls
means the forming Of lifelong friend
ships. It means good times and ex-
periences you will never forget.
What could be made desirable for
the all around development OF the
high school girl than living with
other girls in IvinsOn Hall, under
proper supervision and chaperonage?
A special endeavor will be made to
give the girls such household duties
and home studies in addition to their
public school instruction as will
round out their education and given
them a vision OF the splendid OPP
portunities which are open to them
as citizens OF Wyoming. .
d High School girls, you cannot
a.~o"d 20 miss this opportunity. Twin
son Hall opens the second week in
September. Write for a catalog and
send your application in at once tC
Miss Laura J.. Wurts, Principal
Laramie, Wyo.
, 1921-08-18
NOTICE OF INCORPORATION

NOTICE Is HEREBY GIVEN That
the WHITE TRANSFORMATIONS
COMPANY was incorporated in the
office OF the Secretary OF State at
Cheyenne. Wyoming. at 3 O'Clock y.
M. on the 9th day of August. 1921.
The objects of the company is to
acquire lands and buildings for the
erections and establishments Of gar
e and workshops with suitable
plants for repair and manufacture OF
automobile equipment; to generally
deal in autOmotive machinery: to
carry on the business of transport
ing and delivering merchandise and
freight; and especially to carry on
the business of transporting all kinds
of oil well machinery and supplies.
It's capital stock is Twenty-Five
thousand dollars ($25,00O.00) di-
vided into Two Hundred Fifty (250)
shares of the par value of 100000
each.
Its term of existence is fifty
years.
The operations Of the company
will be carried on in the County of
Carbon. State OF Wyoming. but in
the discretion of the Board of Di-
rectors, said business nay be extend
ed into other counties and states.
The affairs and management OF
the company will be under the con-
troll OF three (3) directors. and l.. c.
Graves, Guy Miller and Esther NJ.
Graves are elected as such Directors
for the first year.
The location of the principal Of
flee in this state is Rawlins, Wyo-
, ming. and the name of the agent in
charge thereof is l.. f. Armstrong.
WHITE TRANSPORTATION CO.
BY l.. f. ARMSTRONG,
Attorney for the Company.
SIS 81
, 1921-08-18
NOTICE OF PROBATE WILL
OF

)SS
County of Carbon
In District Court. Second Judicial
District.
In the Matter OF the Estate Of
Julka Patak, Deceased.
NOTICE IS HEREBY GIVEN that
the Will of Julka Patak, deceased.
has been filed for Probate in the
above entitled Court, and that Leon
H. Startzell has filed a Petition for
the issuance to him OF Letters Tesla
mentary of said Will; and further
that the 3rd day of September. 1921
has been fixed as the date for hear
ing the Proof Of said Will and con-
sidering said application for the issu-
ance of Letters Testamentary. All
persons interested are required to
appear at the hour Of 2 o'clock P. M.
on said date at the Court House at
Rawlins, Wyoming. and show cause,
If any they have. in opposition to the
proof of said Will, and to the 1ssu-
ance Of said Letters.
Dated at Rawlins. Wyoming, this
18th day ~ August, 1921.
STELLA JUNGQUIST,
Clerk Of District Court.
L. f. ARMSTRONG. Attorney.
First Pub. Aug. 10. 1921.
Third Pub. Sept. 1, 1921.
, 1921-08-18
NOTICE
STATE OF

County of Carbon
In District Court, Second judicial
District.
Henrietta Carajal. Plaintiff; vs..
Jose Carajal, Defendant.
To Jose Caralajal, whose last
known address vas Denver, Colo
RADIO.
You are hereby notified that
Henrietta Caralajal on the 18th day
of August. 1921. filed her verified
Petition in the District Court of Car
bon County, Wyoming. praying for a
divorce from you on the grounds OF
desertion and non-support.
You are required to answer Or
otherwise plead to same on or be
fore the Sth day of October. 1921.
or Judgment will be entered against
you as prayed for in said petition.
Dated at Rawlins, Wyoming, this
18th day of August. 1921.
STELLA JUNGQU1ST.
Clerk of Court.
l.. f. ARMSTRONG,
Attorney for Plaintiff.
First Pub. August IS, 1921.
Sixth Pub. Sept, %, 1921.
, 1921-08-18

II some people were required TO-
think before they spoke they wonlai
never say anything.
Some Critics might aptfy be de-
scribed as people who talk about one
thing while thinking about another.
The old time gentleman who
courteously lifted his had to the
ladies is dead. bpt the hat still re-
mains to remind VI Of what was but
is not. + 4.
Inc wise man may become ,o,,,sh
AT times, but the fool can 'ooii9n
annex wisdom, e"n never
n woman who insists upon tho
risnt o change her own mind 10
never happy unless she can chanaa
the minds OF others.
g serpents are no longer c,r-
Iineo to the briny deep. The dr.x
store variety Is easier to see ava
ma more fearsome to behold.
or course. when a man hecom.v
! constant target of criticism n 10 \
that his brain is WORKING (
aster IMAM those OF his critics.
Every property owner po..e.ses
ne right OF which no n ever
eeks to deprive him-that of paving
Is taxes. ~
Hail the world 10 hungry n the /
ner half is acquiring indiKestion.