anaheim-gazette 1922-03-15
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Anaheim Gazette
ESTABLISHED 1870
ISSUED EVERY THURSDAY
Henry Kuchel, Editor and Proprietor
SUBSCRIPTION PER YEAR ... $1.50
SIX MONTHS ... $1.00
THREE MONTHS ... $ .50
Entred at the Anaheim Postoffice as second-class matter
OFFICIAL CITY PAPER
TWO GREAT ACCOMPLISHMENTS
The two outstanding successes of the first year of the Harding administration have been the conduct of the nation's foreign affairs, and the marvelous record of economy achieved under the Republican budget law. On those two issues alone the Republican party could go to the polls next November without a doubt as to the outcome of the vote. The Democrats may bring what charges they may against the record of the last twelve months, they cannot shake the facts as they stand, and with which the people are perfectly familiar.
American international prestige was left at the lowest ebb of history by the outgoing administration. Today America has completely regained her moral and material leadership among the nations of the world. President Harding conceived and, with the aid of Secretary of State Hughes, carried out the boldest stroke for emancipation from militarism and for world peace that has ever been suggested. The league of nations covenant, with all its machinery for effecting its decrees by force of arms, did not attempt to do what the Washington conferred at the Anaheim Postoffice as second-class matter for agricultural products. When congress had undertaken to fix a mint-price for wheat the administrative department of the government adopted practices which made that price the maximum price.
In view of the unfailing effort of the Wilson administration to injure agriculture at every opportunity and to refuse to aid agricultural industry in time of pressing need, it is impossible to understand by what line of reasoning William J. Bryan reached the conclusion recently stated by him that the farmers hold the present administration responsible for their financial depression and will elect a Democratic congress next November.
It was not only by affirmative acts that the Democratic administration spread disaster throughout the agricultural community, but by negative acts as well. It will be remembered that the Democrats began their deflation program early in 1920 and the farmers felt the blow that had been aimed at them when it came time to sell their crops in the fall of that year. Recognizing the seriousness of the situation, the senate committee on agriculture presented, on the second day of the session of congress in December, 1920, a resolution which had been approved by unanimous vote of the committee prior to its introduction, reviving the war finance corporation.
This resolution, presented by Senator A. J. Gronna, of North Dakota, recited that there existed unprecedented distress on account of the inability or farmers to dispose of their products notwithstanding the people of Europe were in dire need of those articles or food, and the resolution directed the revival of the corporation in order to assist in finding foreign markets for the American surplus. That resolution was supported by Republicans and Democrats alike in the committee on agriculture. It was passed by both houses, but was vetoed by President Wilson in a message transmitted added revenue country is abolished charges over 000,000 a year, den, even with capital payments.
It is understood commission will first to the Brush successful outcomes will form for those that pride in the office not permit Brush a higher place country will attend it in the credit. Ambassador voice to that nantly denies dictate her debt clauses, "that the Frenchmen who bind France's one of the 33,000 Did they buildists are depliant national peace and adding that cause international structure of this war comes to be negotiated for ed country would the enemy.
GOV. STEPHEW
PAN-AME
Governor W open the confederation relations to be of Southern Ohio with the inauguration von KleinSmith 29. The govern with the universalize the feeling the subject must Governor Stephew southwestern found
outgoing administration. Today America has completely regained her moral and material leadership among the nations of the world. President Harding conceived and, with the aid of Secretary of State Hughes, carried out the boldest stroke for emancipation from militarism and for world peace that has ever been suggested. The league of nations covenant, with all its machinery for effecting its decrees by force of arms, did not attempt to do what the Washington conference actually accomplished. The covenant spoke vaguely of future limitation of armaments, but Secretary Hughes opened the Washington conference with a specific program for scrapping navies that was adopted substantially as presented. The other treaties that were an outgrowth of the conference furnish further proof of the masterly fashion in which our international relations have been conducted—a striking contrast to the successive surrenders that marked the matching of minds of the former president with the skilled diplomats of Europe.
The nation was on the sure road to financial ruin when President Harding stepped in the white house. Deficit had followed deficit, and there was no relief in sight. The Republican congress promptly repassed the budget bill that Mr. Harding's predecessor had vetoed, the president appointed a man of proved energy and courage as director of the budget, and the congress valiantly supported him in his reductions of federal expenditures. For three years we have had a Republican congress, and for one year we have had a Republican president also. During that period the cost of running the government has been as follows: 1919, $19,000,000,000; 1920, $7,500,000,000; 1921, $6,500,000,000; 1922, $4,065,000,000. It is hoped to bring the figures close to $3,500,000,000 in the very near future.
In anticipation of further economy, the Republicans enacted a new internal revenue law that made a drastic cut of $800,000,000 per year in the people's tax burden. Much of that relief is directly felt by the individual taxpayer who is given increased exemptions and deductions in filing his return. The rest is felt through reduced prices and stimulating of business. The economies and reduced taxation of the Republican program have put renewed ambition into industry and created once again an incentive for profitable production.
Proofs of that fact are found on our distress on account of the inability or farmers to dispose of their products notwithstanding the people of Europe were in dire need of those articles of food, and the resolution directed the revival of the corporation in order to assist in finding foreign markets for the American surplus. That resolution was supported by Republicans and Democrats alike in the committee on agriculture. It was passed by both houses, but was vetoed by President Wilson in a message transmitted to congress on January 3, 1921. On the day it was passed in the senate over the president's veto and on the next day was passed over the veto in the house. Both houses of Congress, at that time, were Republican.
The Republicans did not assert or assume that the revival of the war finance corporation would cure all theills from which American agriculture was then suffering. They did not expect it to right the wrongs that had been perpetrated. It was the only measure, however, that offered even a small degree of relief and they passed it in defiance of the opposition and veto of the Democratic president.
With this record before them, American farmers are not likely to be deceived by the statement of Mr. Bryan, or any other Democrat, that the Republicans should be held responsible for the present predicament of our agriculturol industry.
CANCELATIONISTS
ARE ON THE RUN
Despite the fact that a commission has been appointed by act of congress for the sole purpose of arranging terms for repayment of the foreign debt owed the United States, those who urge the cancelation of the obligations are striving as hard as ever to carry their point. The lines of their arguments vary widely. Some claim that it is impossible to pay the debt unless we permit the importation of goods to a like amount, others insist that we owe a moral obligation to Europe to wipe off the debts as part of our contribution to the cost of the war, while still others flatly declare that foreign treasuries simply cannot make the payments. A study of the three principal debtor nations shows the fallacy of the cancelation propaganda.
Great Britain not only can pay, but has indicated her willingness to pay, and has already made provision in her annual budget to meet the interest Governor Wiley open the confederation relations to be with the inaugural von KleinSmidt 29. The governors with the universalize the feeling subject matter Governor Stephen southwestern Ford us the graphical back social and accord our neighborserner will opening on the subtitle Latin-American interest and assurance will lend of the state geography so hopedthe other southso accept their ent. The presencea conference oitive of the friereple of the southerAmerica.
The Americans consisting of all thousands banks have voted to Mr. Ernest Gay Farmers' and bank.of Los delegation.Mr selection because has been head department of years,and in thervery close to tness interests o
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SOCIAL DANCE
Miss Genevieve director of the dancers,and lathis work at th Berkeley,has bstate universitysive classes in oAngeles summerdesigned pro
The foreign debt refunding law, various laws for agricultural rehabilitation, an immigration restriction law, a civil service retirement law, the veterans' bureau law, and a host of other acts contributing to the public welfare have been passed. They have brought an increase in farm prices, which means added prosperity in scores of other industries; they have given the disabled soldiers the recent treatment denied them by the democrats; and they have renewed that public confidence in government, so sadly lacking in recent years. The party responsible for those accomplishments serenely awaits the verdict of the voters next November.
IN ANSWER TO MR. BRYAN
It is common knowledge that the deflation program of the Wilson administration hit the farmers first and hardest. It is common knowledge that the only maximum price fixing undertaken by the Wilson administration was that which fixed maximum prices
Europe to wipe off the debts as part of our contribution to the cost of the war, while still others flatly declare that foreign treasuries simply cannot make the payments. A study of the three principal debtor nations shows the fallacy of the cancelation propaganda.
Great Britain not only can pay, but has indicated her willingness to pay and has already made provision in her annual budget to meet the interest charges for the current year. The refunding commission should have no difficulty in adjusting interest payments for the future, and in arranging for regular reductions of the principal, amounting now to about four and a quarter billion dollars. The natural resources of Great Britain did not suffer at all from the war, and she added to her wealth a great amount of new territory rich in raw materials.
France owes the United States about three and a half billions. Her national debt is approximately $23,000,000,000 and an income of $7,500,- with a national wealth of around $60,000,000,000 and an incomes of $7,500,- 000,000. Like Great Britain, France received immensely valuable additions to her territory in Alsace and Lorraine, the Saar valley, and former German colonies in Africa. The annual interest on her obligation to the United States would be approximately $150,000,000, which she should be able to pay easily, and the principal can be so spread over a period of years as to make its payment no great addition to her financial burden.
Italy has a total national debt of about $5,000,000,000 in gold. Before the war her wealth was $22,000,000,000 and an annual income of about $4,000,- 000. She, too, annexed valuable territory from Austria, which will bring in
ANAHEIM GAZETTE
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added revenue. Her debt to this country is about $1,800,000,000. Interest charges would be less than $90,000,000 a year, surely not a great burden, even with substantial annual principal payments added.
It is understood the debt refunding commission will turn its attention first to the British obligations. The successful outcome of those negotiations will form an important precedent for those that are to follow. National pride in the other debtor nations will not permit British credit to stand up a higher plane than their own. No country will allow another to out-distance it in the race for international credit. Ambassador Jusserand gives voice to that feeling when he indignantly denies that France will repudiate her debt. "I want to say," he clares, "that there are 39,000,000 loyal Frenchmen who stand squarely behind France's obligations, and I am one of the 39,000,000."
Did they but know it, cancelationists are dealing a blow to international peace and good-will rather than aiding that cause. The destruction of international credit means the destruction of the repudiating nation if war comes to it in the future. Unable to negotiate foreign loans, a discredited country would fall an easy prey to the enemy.
GOV. STEPHENS TO OPEN
PAN-AMERICAN CONFERENCE
Governor William D. Stephens will open the conference on Pan-American relations to be held at the University of Southern California in connection with the inauguration of President von KleinSmid on April 27, 28 and 29. The governor's office is working with the university in an effort to crystallize the feeling of the southwest on the subject matter of the conference. Governor Stephens said, "I believe southwestern United States will attend me. Mr. Bryan might be fairly termed the step-mother of the Democratic party, in that he does not believe in spoiling the child with too much coddling. And with all his twenty-five years of part yservice, and with his many defeats and rejections, Mr. Bryan seems to be still active, still healthy and still eloquent of speech.
Mr. Bryan, it may or may not be remembered, was the man who brought about the nomination of Woodrow Wilson at Baltimore. Had it not been for the orator of the Platte, the nominee would have been, in all probability. Champ Clark, of Missouri. Mr. Bryan served for a time with more or less distinction, as secretary of state and then resigned, perhaps by suggestion.
Mr. Bryan is perhaps not the most thoughtful and discerning statesman in the world. Neither is he the best example of the successful and rational economist. He is not to be altogether disliked or altogether defended. He is an influence in American life, not always perhaps infallibly right, but gifted with as much sincerity and earnestness as any of our public men.
He is entitled to scold his party, for he has fought, bled and sometimes died with it. He believes in peace and the treaties recently agreed to. Because he thinks they will make measurably for peace. His voice in their defense will not be without influence. And his attitude in putting aside party lines and accepting what comes from the opposition party leaders and diplomates is bigger than that of many party men who hold themselves bigger than he is.
But the fool who is wise in his own conceit probably is happier than one who isn't wise at all.
GUIDE FOR AUTOMOBILE CAMPERS IN CALIFORNIA
From a study of the recreation travel within and adjacent to the national forests of California the forest service has found fully 80 per cent of those who travel by automobile are prepared to camp. Appreciating the importance to this large camping public of reliable data on improved camping places, the forest service has had prepared a guide for automobile campers in California.
According to District Forester Paul G. Redington, this guide will contain a short description of all the improved public camps on the national forests in California, and a list of practically all of the cities and towns in California and western Nevada that maintain public automobile camp grounds.
"This season," said Redington, "camp fire permits will be required on all the national forests in California and the guide, in addition to other information of value to campers, will contain a word of caution regarding forests fires, and a complete list of forest officers, automobile club agencies and municipal and civic organizations that will issue free camp fire permits during the season of 1922.
"This guide," continued Redington, "will be available for distribution after May first at all forest offices, automobile club agencies and automobile camps listed in the booklet." The forest service hopes that this guide will prove to be popular with the camping public."
When things get so bad you believe they couldn't become worse, you're often surprised to discover they can.
Governor William D. Stephens will open the conference on Pan-American relations to be held at the University of Southern California in connection with the inauguration of President von KleinSmid on April 27, 28 and 29. The governor's office is working with the university in an effort to crystallize the feeling of the southwest on the subject matter of the conference. Governor Stephens said, "I believe southwestern United States will afford us the proper climatic and geographical background to stage closer social and economic relationships with our neighbors to the south." The governor will open the conference speaking on the subject, "The Southwest in Latin-American Relationship."
His interest and attendance at the conference will lend the dignity and prestige of the state government of California and it is hoped that the governors of the other southwestern states will also accept their invitations to be present. The presence of these leaders at a conference of this nature is indicative of the friendly attitude of the people of the southwest toward Latin America.
The American Institute of Banking, consisting of a membership of several thousands bankers in the southwest, have voted to make their president, Mr. Ernest Garrett, cashier of the Farmers' and Merchants' National bank, of Los Angeles, head of their delegation. Mr. Garrett is a splendid selection because of the fact that he has been head of the foreign trade department of that bank for over ten years, and in that capacity he has been very close to the financial and business interests of Latin America.
The Los Angeles Advertising club has accepted its invitation and next week will elect its delegate to attend the conference. The Advertising club has a membership of one thousand representative business men who are keenly interested in the development of better Latin American relationships.
SOCIAL DANCING TAUGHT AT SUMMER SESSION
Miss Genevieve Kelso, for two years director of the famous Marion Morgan dancers, and last year in charge of this work at the summer session in Berkeley, has been secured by the state university and will give progressive classes in dancing during the Los Angeles summer session. Social dancing, designed primarily for those interested in the opposition party leaders and diplomates is bigger than that of many party men who hold themselves bigger than he is.
But the fool who is wise in his own conceit probably is happier than one who isn't wise at all.
Charter No. 6481
Reserve District No. 12
REPORT OF CONDITION OF THE First National Bank
At Anaheim, in the State of California, at the Close of Business on March 10, 1922.
RESOURCES
1. a Loans and discounts, including rediscounts, acceptances of other banks, and foreign bills of exchange or drafts sold with indorsement of this bank $1,250,908.13
Total loans $1,250,908.13
2. Ofverdrafts, secured, None; unsecured $1,865.53 $1,865.53
3. U.S. Government securities owned:
a Deposited to secure circulation (U.S. bonds par value) 50,000.00
All other United States Government securities 195,975.00
Total 245,975.00
4. Other bonds, stocks, securities, etc.: 86,767.50
5. Banking House, $78,261.57; Furniture and Fixtures, $30,664.76 108,926.33
6. Lawful reserve with Federal Reserve Bank 106,646.56
9. Items with Federal Reserve Bank in process of collection (not available as reserve) 24,281.26
10. Cash in vault and amount due from national banks 128,524.94
13. Checks on other banks in the same city or town as reporting bank 7,434.44
Total items 9,10, and 13 $160,240.64.
14. Checks on banks located outside of city or town of reporting bank and other cash items 142.43
15. Redemption fund with U.S. Treasurer and due from U.S. Treasurer 2,500.00
Total $1,913,972.11
LIABILITIES
17. Capital stock paid in 50,000.00
18. Surplus fund 70,000.00
19. Undivided profits 89,379.43
Less current expenses, interest and taxes paid 20,575.08 18,804.35
20. Circulating notes outstanding 48,700.00
21. Amount due to Federal Reserve Bank (deferred credits) 18,034.27
23. Amount due to State banks, bankers, and trust companies in the United States and foreign countries (other than included in item 21) 41,879.49
24. Certified check outstanding 582.78
25. Cashier's checks on own bank outstanding Total of items21, 23, 24, and 25 $184,899.88.
Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days):
SOCIAL DANCING TAUGHT
AT SUMMER SESSION
Miss Genevieve Kelso, for two years director of the famous Marion Morgan dancers, and last year in charge of this work at the summer session in Berkeley, has been secured by the state university and will give progressive classes in dancing during the Los Angeles summer session. Social dancing, designed primarily for those interested in the improvement of conditions influencing the social life of high school and college students, will include training in good form and style on the dance floor, and also combination of steps and figures suitable for group dancing.
Further work in this general field will be directed by Theodore Vlehman, of the drama department in the Carnegie institute of technology, Pittsburgh. In conjunction with the classes in pageant organization and production conducted by Mr. Vlehman, a festival of dance pantomines and a pageant will be given in the university grounds during the session. Mr. Vlehman will also give two courses in English folk dancing; work for which he is particularly fitted, having formerly been instructor in Sharpe's school for folk dancing and song.
General courses in swimming, tennis, gymnastics, playground activities and coaching are included in the program for the physical education department.
Bulletins available at 831 Pacific Finance Building. (Pico 3621).
BRYAN AND THE TREATIES
Every once in a while William J. Bryan puts in an appearance and takes his party to task for its sins of commission or omission, as the case
20. Circulating notes outstanding ... 48,700.00
21. Amount due to Federal Reserve Bank (deferred credits) ... 18,034.27
23. Amount due to State banks, bankers, and trust companies in the United States and foreign countries (other than included in item 21) ... 41,879.49
24. Certified check outstanding ... 582.78
25. Cashier's checks on own bank outstanding ... 124,403.34
Total of items21, 23, 24, and 25 $184,899.88.
Demand deposits (other than bank deposits) subject to Reserve (deposits payable within 30 days):
26. Individual deposits subject to check ... 1,254,532.18
27. Certificates of deposit due in less than 30 days (other than for money borrowed) ... 67,010.21
28. State, county, or other municipal deposits secured by pledge of assets of this bank ... 73,500.00
Total of demand deposits (other than bank deposits) subject to Reserve Items 26, 27, 28, $1,395,042.39
Demand deposits (other than bank deposits) subject to Reserve (deposits payable within .0 days):
32. Certificates of deposit (other than for money borrowed) ... 134,020.42
35. Postal savings deposits ... 2,084.72
Total of time deposits subject to Reserve, Items 32 and 35, $136,105.14.
36. United States deposits (other than postal savings), including War Loan deposit account and deposits of Uniter States disbursing officers ... 922.77
Interest collected not earned ... 9,497.58
Total ... $1,913,972.11
STATE OF CALIFORNIA, COUNTY OF ORANGE, SS:
I. H. H. Benjamin, Cashier of the above-named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief.
H. H. BENJAMIN, Cashier.
Subscribed and sworn to before me this 14th day of March, 1922.
(SEAL)
ROGER C. DUTTON, Notary Public.
CORRECT—Attest:
SAMUEL KRAEMER,
WM. J. SIEMANN,
S. P. KRAEMER,
Directors,
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1917 Ford Touring, fine condition ... $175
1920 Chevrolet Touring, new paint, fine condition ... $340
6 cylinder Studebaker Touring Car ... $200
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1919 Chevrolet Roadster, looks almost like new ... $300
1920 Maxwell, in fine shape ... $425
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1918 Overland Touring ... $190
1918 Dodge Delivery with canopy top, bargain ... $450
A good Ford Speedster ... $200
1919 Ford Truck, cab, windshield, and platform body, only ... $375
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WELL DONE!
The angel of peace, hovering over Washington, when the great conference concluded its labors, may be imagined as taking up again the song of those herald angels whose "Glory to God in the highest, and on earth peace, good will toward men" has been the grateful chant of Christendom for centuries.
Well done, President Harding! This conference, lofty in its purpose and marvelous in its results, rested upon what might be called the Warren G. Harding foundation. The president was its initiator, its kindly and skilful promoter and its chief representative in the eyes of the world, as he will be in the world's history. What an enviable office to fill!
Well done, Secretary Hughes! Mr. Hughes has been the chief formulator of the international pact, the embodiment of its agreement and comprehensiveness.
Well done, American delegation!
But such statesmen as Elihu Root and J. E. Schumacher Co., Opp. S. P. Depot, W. Anaheim Phone 794.
HAY AND GRAIN From Farm to Consumer
of these clerks are made from lists furnished by the state civil service commission. The positions are open in Sacramento, San Francisco and Los Angeles, but the principal need is in Sacramento. Aside from the salary, state positions offer other inducements; among them, fifteen working days' vacation with pay each year, vacation on all holidays, and the Saturday half holiday. Lists of available employees are about to be compiled. The civil service commission, Forum building, Sacramento, will furnish detailed information to all who apply.
EDUCATION IN MEXICO
One of the most marked evidences of progress in Mexico is the success of
was its initiator, its kindly and skillful promoter and its chief representative in the eyes of the world, as he will be in the world's history. What an enviable office to fill!
Well done, Secretary Hughes! Mr. Hughes has been the chief formulator of the international pact, the embodiment of its agreement and comprehensiveness.
Well done, American delegation! But such statemen as Ellhu Root and Senators Lodge and Underwood could do nothing ill.
Well done, Britain! Mr. Balfour has been a capable lieutenant of Mr. Lloyd George in the "hands across the sea" tableau.
Well done, France! With most to forgive and most to be taken on trust, the will to forget and the will to confide have been magnanimous.
Well done, countries of the orient! You have caught the adequate spirit and possibilities and therefore the duty of making lines of railroad other than lines of battle.
Well done, all who have sat about the Round Table of hope!
It can hardly yet be compassed by the mind, how the wings of war have been clipped and the shelter of peace has been enlarged.
But it may well be the pride of America that in the centennial year of Grant she has given wider tongue and brought an amplier response to his petition: "Let us have peace!"
STATE NEEDS CLERKS
Vacancies in clerkships in the state service are constantly occurring and with increasing activities new positions are being established. These positions pay salaries ranging from $80 to $130 for junior clerks, to $140 to $200 for senior clerks. Appointments
One of the most marked evidences of progress in Mexico is the success of the schools which have been established in connection with the Mexican army. A year ago more than 80 per cent of the privates were illiterate. Today the most of them can read and write. In addition to reading and writing, instruction is given in the army schools in geography, Mexican history, arithmetic, grammar and civics. In these, as in the two primary branches, the progress of the pupils is remarkable. So great is the enthusiasm that some of the regiments stationed in the interior of the country have furnished at their own expense all the materials for the school room. For generations the ignorance of the Mexican soldiers has been proverbial. It accounted largely for the ease with which revolutions could be staged, no matter how flimsy or indefensive the cause. The soldiers themselves were representative of the ignorance of the population from which they were drawn. It is greatly to the credit of the present Mexican administration that the Mexican people, soldiers included, are being lifted from the abyss of ignorance and given a chance at education. It is theonly road by which Mexico can hope to rise to real prestige and sustained power.
Be sure you're right, if you can be, but anyway be sure you think you're right.