anaheim-gazette 1923-05-10

OBSERVATIONS By Charles Kuchel. From all accounts a political boss in a town across the raging Santa Ana river has had his knuckles sharply rapped by some of the satellites from the rustic regions, who have tired of playing second fiddle to the time-worn roundelay to hover around and listen to the siren song, and who now paint blank refuse to drink even though they have been led to water. Time was when the big boss had only to clap his hands and the meek and lowly committeeman would kowtow to beat the band. But not now, as far as can be gathered from the put-ins off the listening post. There awhile back the major-domo of the political wigwam did some grand and lofty headwork in keeping the wires hot to the seat of headquarters to land a square-guy friend in a soft berth, before an opponent's boosters could get their conveyance in the high to start their man on the road leading to his covetous prize in the postoffice line in a town to the southeast of here. The rural dentizens consider the above piece of finesse about the cutest act of dexterity pulled off in this neck of the woods since double-crossing became popular in the political arena many moons ago. It is said the perpetration of this artful move has caused the outlanders to sit up and take notice, and the way they have been buzzing about it is plain to be seen they do not intend to be caught asleep at the switch over in this postoffice section. The way some of the boys talk to you, between puffs, a guy comes to the conclusion that the wise birds hereabouts henceforth will sleep with one eye town a few days ago, calling upon a friend who conducts a music store. While there he was asked to sing. He did so. A couple doors below a rival phonograph dealer started up two or three of his machines in opposition. The visitor kept on singing, and a crowd gathered. Then the rival started a bonfire in his back yard and sent in an alarm. When the fire truck arrived the crowd shifted over to the rival's place to see the firemen work. and the concert was over. Lifting the needle. Two townsmen got to talking about their old homes back east the other day, and one said the most fun he ever had was when he attended a slow mule race. Each man drove the other fellow's mule. The more you pound a mule on the back, the man said, the slower the mule goes. He just criss-crosses about the track, but does not get far. But you take those same mules and let them get loose and they can trot away at a gait that would make "Maud S" turn over in her grave, says the man who once took part in a slow mule race back in his old home town. Play ball! A generous hearted business man says he has invested $20,000 in stocks of different kinds, mostly oil, and that he considers it as good as lost. It would seem the time is ripe to catch the wily wildcat. Turning the tables. A local mathematician vouches for this: A farmer sent his three sons to town to sell some eggs. The first boy had 10 eggs, the second 30, and the third had 50 eggs. The boys were told to sell the eggs at the same price and each to bring home the same amount of money. Can't be done, you say? Listen, says the mathematician. The boy with 10 eggs sold 7 for 1 cent. Intercostal traffic canal seems to be pry may judge by the numb trade or proposing a strong effort is being from the rail carriers ward of perishable food movement west of package freight. They equipped with refills as result of experiments for the two years specially during the last summer. As the new competition these roads are making sweets in rates on the traffic. While the transcoast are far more important possible steamship freight will move by otherwise most desirability the more competition ter. And so far as ser figure, while we know complaint in respect management of the roads the memories oanny of years ago heavily faded. The evil tha after them. But really competitive fair so far as it is af policy. And it is not. woods since double-crossing became popular in the political arena many moons ago. It is said the perpetration of this artful move has caused the outlanders to sit up and take notice, and the way they have been buzzing about it is plain to be seen they do not intend to be caught asleep at the switch over in this postoffice section. The way some of the boys talk to you, between puffs, a guy comes to the conclusion that the wise birds hereabouts henceforth will sleep with one eye open. The merry mingle. The latest curbstone quotations for bootleg at some of the beach beanies is said to be $15 per quart, cash and carry, with a line longer than a city block waiting with parched throats to annex the high voltage. The high tension is guaranteed to cure the limp in your off pedal, will put pep in your stride, and may be used to touch the fading veneer on your fliver. It has a tendency to leave a dark brown taste, although while in the process of elimination, is capable of making the user see double, or perhaps around the corner, provided the evening fog has not rolled in. Some brands will awaken the wife beating instinct, and will also cause the imbiber to throw fits if he sees a cop that is not hog-tied. The white-aproned cafeteria clerks at the seaside inns are said to be reaping a harvest in piloting the moonshine across the Sahara sand dunes, as they get every fifth bottle as their unit of total output. These lads are wise and some are laying aside some nice nest-eggs after buying themselves a bungalow or two for their wives and families. The big bosses see that the hard working sales agents never go to jail, if they happen to get pinched, because the higher-ups have bales of the long green in escrow to tide them over the rough spots when they answer roll call at the separating department. The game has grown to be one of fascinating charm on both sides of the bar, as the capacity of the intake never seems to be reached, and the guys who know where the gingerade grows manage to keep a good supply in stock even though the Mexican stoolies occasionally get around the turnpike by mistake. The whistle wetters. A cub society man who attended a dance in the seaside a few nights ago tells of the thrills as he encountered them as the evening lengthened into the misty dawn, when the festivities ended, to allow the gents time to get would seem the time is ripe to catch the wily wildcat. Turning the tables. A local mathematician vouches for this: A farmer sent his three sons to town to sell some eggs. The first boy had 10 eggs, the second 30, and the third had 50 eggs. The boys were told to sell the eggs at the same price and each to bring home the same amount of money. Can't be done, you say? Listen, says the mathematician. The boy with 10 eggs sold 7 for 1 cent—he had three left. The second boy, at the same price, sold 28 eggs, (at 7 for 1 cent) bringing him 4 cents. He had 2 eggs left. The third boy, at 7 for 1 cent, sold 49 eggs for 7 cents, leaving him 1 egg. During the day the egg market picked up, each egg bringing 3 cents. The first boy sold his three eggs for 9 cents, making his total amount of money 10 cents. The second boy sold his 2 eggs for 6 cents, making him 10 cents, while the third boy sold his remaining 1 egg for 3 cents, likewise making him 10 cents. These were cheap eggs, says the mathematician, but the father was satisfied, because he had three sons who obeyed his orders. As the twig is bent, so's the tree inclined. WARNING TO INVESTORS Cleveland Discount company stockholders are being advised that Gardner Abbott, of Cleveland, Ohio, and Judge Thomas O. Toland, of Los Angeles, receivers, have taken legal steps to halt the payment of funds for stock to Josiah Kirby. Kirby was the promoter of the Cleveland Discount company. Following the arrival in Los Angeles of Mr. Abbott from Cleveland, a conference was held by Mr. Abbott, Judge Toland and Commissioner of Corporations Daugherty. A definite line of action in California was outlined and put into effect. Thousands of stockholders in this state as well as many eastern states will be materially aided. Through Kirly's alleged lack of management, the larger stockholders applied for a receivership in Cleveland on February 23. Kirby resigned. This was followed by the appointment of Mr. Abbott in Ohio and Judge Toland in California by the courts in the respective states. Josiah Kirby arrived in California a few weeks ago. He has been holdings meetings with stockholders in various parts of the state. The corporation department received informa- Legitimate business materially aided and a struck at unscrupulous and stock jobbers by Wm. Richardson signiNo No. 983 by Assembly Bromley amending ther curities act, otherwise California blue sky nouncement was maidener of Corporation Daugherty. This bill includes ther drastic and important "blue sky" legislation are: Controlling open individuals' dealing in minurities; bringing within of the corporate securities act supervision in flotation ble securities. The ru tortorney general backin ment in its effort to co wild promotion in ther fields stood until ther when a decision came court of appeal in favour after them. But really competitive fair so far as it is all policy. And it is not riers may conspire rates by "conferences carriers are not allow special permission, too rates at all without production of local rates petition will not affect transcontinental roads rate ships of their own canal. We shall always routethe route that pays us have enough of the feel that competition Besides, fairness pays. UNSCRUPULOUS HITTLE A cub society man who attended a dance in the seaside a few nights ago tells of the thrills as he encountered them as the evening lengthened into the misty dawn, when the festivities ended, to allow the gents time to get back to work. He says some of the Janes are pippins from the word go—they check the bodice, use lip sticks, and many would be winners in a marathon minuet. The girls—some of them—could give their grandmothers cards and spades and then beat them out in knowing the ways of the world these jazzy days, the young man says. He likes to mill it with them at these dance parties, but believes some of them are treading close to the edge of the cliff, and often wonders if their mammas know just where they are upon certain occasions. As a rule, the girls are coquettish, and throw a saucy wink, calculated to warm the heart of the object of attack, but the young man says it's safe to sidestep them. The late hours cause all hands to hug the hay next day to regain that beauty sleep, the young man says. All in but the shoestrings! A rustic recently attending a social function ate 20 plates of ice cream and when the dishes were put in the pantry, he went snooping around the freezer for more. He allows when feeling well it is good for 30 or mere "helping" he frozen sweet without batting an eye but could do better on a bet. Hot dog! A man whose friends say he has a good voice, went to a nearby beach Through Kirtly's alleged lack of management, the larger stockholders applied for a receivership in Cleveland on February 23. Kirby resigned. This was followed by the appointment of Mr. Abbott in Ohio and Judge Toland in California by the courts in the respective states. Josiah Kirby arrived in California a few weeks ago. He has been holdings meetings with stockholders in various parts of the state. The corporation department received information that Kirby had been attempting to collect from California investors the balance due on stock, personally owned by him, and sold throughout this section. Because of complicated litigation now pending, the receivers are endeavoring to not only protect the company and its creditors, but also the stockholders. The receivers are endeavoring to communicate with stockholders so the stockholders can place their funds in trust with the appointees of the court, the receivers. Payments due Kirby on stock, if paid to the court appointees, the receivers believe, will safeguard the stockholders. This assurance is due to the fact that the receivers are responsible to the courts. Any judicial determination of what disposition might be made of the funds due on stock will save stockholders from the possible embarrassment they might face in paying to either agents of Kirby or the company directly. Should a deficit exist, the stockholders probably would be liable the officials state. They say that in case the funds due on stock sold by Kirby and his agents are paid to the receivers, it would lessen the tendency for liability of the stockholders for any deficit due creditors of the Cleveland Discounty company. Such payment to the receivers, when companies resorting seeking to avail their technicality or loop-hole securities act in supervision in flotation securities. The rororney general backing in its effort to c wild promotion in the fields stood until the when a decision came court of appeal in faw tiff in the case instituted Lamb, a Los Angeles city. The corporate security fore specially exempted from its control. They involved an "individual selling to the general curities. The bill just signed Richardson and which by Assemblyman Brodard of representative southern California be is believed will close holes in law. Within the past year creased number of bond individuals" where she were greatly in excess; tion usually placed u have alarmed the in bankers and public o eral instances the "in issued bonds on proper value. With no sinkin tization provision to p chaser in case of deci this became alarming. Hereafter "Individual quired to make the sa companies before they securities to the gen al California. Security brokers im be required by the am provide a bond of $5000 p state of California. ANAHEIM GAZETTE TRANSCONTINENTAL FREIGHT RATES Intercostal traffic via the Panama canal seems to be profitable, if one may judge by the number of ships in the trade or proposing to enter it, and a strong effort is being made to wrest from the rail carriers the traffic eastward of perishable foodstuffs and the movement west of certain classes of package freight. The vessels are being equipped with refrigeration plants as the result of experimental shipments for the two years past and especially during the shopmen's strike last summer. As the result of this new competition the transcontinental roads are making sweeping reductions in rates on the traffic affected. While the transcontinental roads are far more important to us than any possible steamship intercoastal service freight will move by the cheapest or otherwise most desirable route and the more competition we get the better. And so far as sentiment cuts any figure, while we know of no ground of complaint in respect of the present management of the transcontinental roads the memories of the brutal tyranny of years ago have not yet entirely faded. The evil that men do lives after them. But really competition should be fair so far as it is affected by public policy. And it is not. The water carriage approved by the court, will operate to that extent as satisfaction of any claim of Cirby against purchasers of stock from him or his agents. Receive Abbott stated that from a preliminary examination he believes there will be more than sufficient funds to satisfy the creditors. "Blue sky" regulations in California protected California investors of the Cleveland Discount company bonds. The act also is amended providing for a routine procedure in holding hearings on charges against brokers and agents. It now will be required that any one making a formal complaint against a broker or agent must file an affidavit with the state corporation department. The department then will notify the broker or agent accused and furnish him with a copy of the accusation before holding a hearing. The Bromley bill passed the legislature with the unanimous approval of the assembly and senate of California. NATIONAL FOREST HIGHWAY PROGRAM FOR CALIFORNIA "The federal government will spend $646,000 in building highways in the national forests of California this year," announces District Forester Paul G. Redington, of the San Francisco headquarters of the United States forest service. The program contemplates the construction of five following projects, which were agreed upon in joint conference with the bureau of public roads and the state highway commission, and which have been submitted to the secretary of agriculture for approval: 1. Crescent City-Grant's Pass road, Sisikiyou national forest, $75,000. This government bonds were away below par, our business interests were fearful of the future, and there was a general feeling of uncertainty and unrest. All this has been changed. Today new peace time records are being set every week in industrial production, business transactions, retail sales and wage levels. Approximately 50 per cent of the loans made during the emergency of the war finance corporation have been repaid. Retail dealers in agricultural sections report better sales than at any time in three years. Business is planning for the future with confidence. These are but a few of the high lights of the Republican prosperity the entire country is enjoying. This wonderful change which has taken place in two years has not been accidental. It has been brought about mainly by the policies of the Harding administration. Routine federal expenditures have been reduced by $2,000,000; federal taxes, $1,000,000,000; interest-bearing public debt, $1,000,000,000. Hit and miss financial policies have given way to a budget system. Team work has replaced one-man government. Public employees have been reduced by over 100,000. Sane, conservative, constructive policies have given all legitimate interests confidence. The man who invests his toll and the one who invests his capital have been given assurance that their investments will be protected and they will be permitted to enjoy the benefits of their thrift and industry. The transformation has not been accidental. It has been due largely to the constructive policies of the Republican party, enacted into law and carried into execution by the Harding administration. Without exaggeration, it may be stated that for fifty years no party UNSCRUPULOUS OIL JOBBERS HIT BY NEW ACT Legitimate business has been materially aided and a staggering blow struck at unscrupulous oil promoters and stock jobbers by Governor Friend Wm. Richardson signing assembly bill No. 983 by Assemblyman Elmer P. Bromley amending the corporate securities act, otherwise known as the California blue sky law. This announcement was made by Commissioner of Corporations Edwin F. Daugherty. This bill includes three of the most drastic and important changes in "blue sky" legislation in years. They are: Controlling operations of "individuals" dealing in mining and oil securities; bringing within the purview of the corporate securities act flotation of bond issues by "individuals" and bonding brokers. Many "individuals" were actually companies resorting to subterfuge seeking to avail themselves of any technicality or loop-hole in the corporate securities act so as to evade supervision in flotation of questionable securities. The rulings of the attorney general backing the department in its effort to curb the riot of wild promotion in the California oil fields stood until the first of March, when a decision came down from the court of appeal in favor of the plaintiff in the case instituted by E. A. Crescent City-Grant's Pass road, Sisikiyou national forest, $75,000. This project is a section of the Redwood highway, and the appropriation made will provide for the continuation of construction work already started under the federal allotment of $220,000, made last year. 2. Kern river canyon road, Sequoia national forest, $150,000. This project covers the construction of 8.4 miles of road, which is a part of the state route. No. 57, extending from the coast highway near Santa Maria to Owens valley via Bakersfield and Walker's Pass. It will provide an outlet from the San Joaquin valley to the country east of the Sierras. 3. Big Bear valley road, Los Angeles national forest, $75,000. A forest highway which will reach Big Bear valley dam is now under construction, and this new project provides an extension which will make the terminus of the road at the center of the popular recreation area surrounding Big Bear lake. 4. Murphys-Big Trees road, Stanislaus national forest, $160,000. This construction work will improve a 15.6 mile section of the road, extending from Murphys to the region east of Lake Tahoe—one of the most noted summer play grounds of the state. Cooperation in the sum of $50,000 will also be provided by Calaveras county. 5. Yuba Pass road, Tahoe national forest, $143,000. This project calls for the construction of 13 miles of road across Yuba Pass to replace the present road, which is in poor condition. It will provide an east and west route across Sierra county and also form a link of the trunk highway extending from Auburn to Reno via Nevada City, Downieville and the Sierra valley. In addition to these five construction projects, the national forest highway program also embraces an allowance of $43,000 for final location surveys on the Covelo-Low Gap road and the Arroyo Seco-San Gabriel via Mt. Slip road. $10,000 of this fund will also be used to make a location survey of the Yuba Pass project. The proposed Covelo-Low Gap road on the Callioves his toll and the one who invests his capital have been given assurance that their investments will be protected and they will be permitted to enjoy the benefits of their thrift and industry. The transformation has not been accidental. It has been due largely to the constructive policies of the Republican party, enacted into law and carried into execution by the Harding administration. Without exaggeration, it may be stated that for fifty years no party ever came into power confronted by more problems vital to the welfare of the American people. In the face of unusually trying conditions, President Harding has given the United States the best business administration in the history of the country. It has put our house in order. This has been mainly responsible for the improvement in conditions in the United States during the last two years. Such a record is in keeping with the history of the Republican party, which has written most of the progressive legislation of the nation. The program of reconstruction, formulated and executed by this administration, affords a high example to all nations, which they could follow to their profit and to the security and the peace of the entire world. Comparison of European conditions with those in America leads one to appreciate more fully what the Harding administration has done and to be thankful that the work so well begun is to be continued. The Republican policies which have so largely contributed to the existing prosperous conditions will be maintained and public welfare will be safe-guarded and promoted by whatever forward legislation the occasion calls for. THE SUPER-LEVIATHAN Another unsinkable ocean liner is being planned. This time it is no ordinary great ship, but a monster vessel too large for any harbor in America or Europe. 15 decks in height, weighing 100,000 tons and offering accommodations for 20,000 passengers at a trip. The two French navy engineers planning it have announced that years of experiment have devised a construction that would make the giant liner unsinkable. Another defiance hurled at the sea by pigmies rearing titans to defy the gods. Yet that word, "unsinkable" has forever a treacherous and ominous connotation. Under fathoms of green water off many companies resorting to subterfuge seeking to avail themselves of any technicality or loop-hole in the corporate securities act so as to evade supervision in flotation of questionable securities. The rulings of the attorney general backing the department in its effort to curb the riot of wild promotion in the California oil fields stood until the first of March, when a decision came down from the court of appeal in favor of the plaintiff in the case instituted by E. A. Lamb, a Los Angeles oil promoter. The corporate securities act heretofore specially exempted "individuals" from its control. The Lamb case involved an "individual" floating and selling to the general public oil securities. The bill just signed by Governor Richardson and which was prepared by Assemblyman Bromley with the aid of representative northern and southern California business men, it is believed will close up these loopholes in the law. Within the past year or two, the increased number of bond issues by "individuals" where the securities issued were greatly in excess of the limitation usually placed upon companies have alarmed the investing public, bankers and public officials. In several instances the "individuals" have issued bonds on property of inflated value. With no sinking fund or amortization provision to protect the purchaser in case of decline in value, this became alarming. Hereafter "individuals" will be required to make the same showing as companies before they can sell their securities to the general public in California. Security brokers in California will be required by the amendment to provide a bond of $5000 payable to the state of California. This bond is re- AMERICA GIVES THE WORLD AN EXAMPLE When one travels in Europe it strengthens his confidence in American institutions—and in Republican policies as well. There is a great contrast between conditions there and in the United States. Two years ago this contrast was not so great. Then our percentage of unemployment was not much less than Europe's, our gov- and the La Parmentier brothers' plan for a liner carrying 20,000 passengers in luxury may be more than a newspaper dream. Yet at that word "unsinkable" we halt. The giant liner of 100,000 tons would, after all, be only a speck on the vast expanse of the Atlantic—a speck as unstable and insignificant as a single dancing mote in a broad shaft of sunlight. Forces a million times more powerful than the utmost effort of its great engines would play idly all about it on the smoothest sea. Just as we hesitate to proclaim anything impossible to the relentless forces of the ocean. Almost we incline to believe that no unsinkable ship ever will be, or ever can be, built. Mastery of the forces of the sea can be attained by but one thing—perfection. Even perfection of design—it the French engineers have actually attained it—would be rendered meaningless by any imperfection of execution. And when absolute perfection is attained, man is no longer man, but a super-man and an elder brother of the gods. BOOM. FOR PRESIDENCY The birth of presidential booms is the order of the day now. The latest to take tangible form is that for Henry Ford, and Nebraska Progressives have started it, looking to the presidential primary in 1924. That Mr. Ford will be a presidential figure next year has been predicted by close observers of politics. This summer should witness not a little maneuvering and the shaping of several booms for the presidency. From present indications there will be a lively contest for nomination in the conventions of both of the great parties. It is assumed, even without the recent bad-taste announcements by his political friends, that President Harding will stand for renomination. But that he will have opposing candidates in the Republican convention is probable. Just who will trily conclusions with Mr. Harding does not yet appear. Possibly there may be several entries. As to the Democratic nomination, the field is open. No one candidate at present seems to have overwhelming advantage. Several prominent Democrats, all the way from New York and Alabama to California, are "mentioned." As the months go by, these candidates will take more definite form and the relative strength of the aspirants will become apparent. Too much sympathy will make some men lazy. BUY in Royalties and Get Quick Returns Possibilities of U. S. Oil Well Heater Corp. with a small increase of production per well: BUY in Royalties and Get Quick Returns Possibilities of U. S. Oil Well Heater Corp. with a small increase of production per well: Illinois 16,800 wells doing 1.7 Kansas 15,700 “ 6.7 Kentucky 7,800 “ 3.1 New York 14,040 “ 0.2 Ohio 39,600 “ 6.0 Pennsylvania 67,700 “ 0.3 West Virginia 19,500 “ 1.0 Oklahoma 50,700 “ 6.0 United States Oil Well Heater Corporation 120 N. Los Angeles St. Phone 813W Stroup’s Market 115 North Los Angeles St. We guarantee every article sold to be absolutely first class. Mon… back if not satisfactory. You can find anything in the meat line that you want at our market, and our low prices will surprise you. Call and ask us about it. DODGE BROTHERS MOTOR CAR DODGE BROTHERS MOTOR CAR As Spring days approach, the demand for Dodge Brothers Touring Gar mounts swiftly. Dodge Brothers one problem, at present, is not how many Touring Cars they can sell, but how many they can build. Never was public approval of Dodge Brothers product more obvious, and never was it more richly deserved. Improvements, rarely spoken of but constantly being made, have brought the car to a state of perfection which can only be described as remarkable, even for Dodge Brothers. Every part which takes a major strain is built of chrome vanadium steel. Many more pieces of alloy steel are used in vital parts than normal wear requires. CHAS. H. MANN Dodge Brothers Motor Cars 210 S. Los Angeles St. Anaheim, Cal.