anaheim-gazette 1923-07-05

IN THE DAYS OF LONG AGO Items of Local Interest Culled from the Files of Former Issues of This Paper From Gazette of July 5, 1873. J. M. Guinn has returned from San Francisco. F. R. Lafaucherle is the agent of the Widows' and Orphans' Fund Life Insurance company. The trustees of the Orangethorpe school district are Messrs. Smith, Fields, and Schultz. M. Calisher departs for San Francisco to buy new goods. Two tons of ore arrived from Arlington district last Monday, and was sent to San Francisco for assay. Work on the foundation of the Odd Fellows' hall was commenced last Tuesday. Four brick layers and as many hod carriers are busy at work. On Tuesday the Los Angeles Star passed into the hands of Ben C. Trueman a newspaper man of large experience, and a writer of ability. We wish him success. We acknowledge the receipt of cake from the wedding feast of our friend, Nicoles. May his fondest anticipations, as he enters the new life, fall far short of the realization. Prof. Harmen is unquestionably a genius in his way. We know of what we speak, for we have seen him. J. P. Johnston, W. H. Jasper and W. M. Tedford, of Gospel Swamp; Shaw, of Westminster; J. Nocera and Geo. Knox, of Anaheim, were elected vice-presidents. After a brief though eloquent invocation of the divine blessing upon the exercises of the day by Rev. J. M. Miller and the reading of the Declaration of Indeepndence by G. L. Russell. Judge Evey introduced the orator of the day, Rev. T. J. Ellis, who made an eloquent and impressive speech on the birthday of the nation. Next came the very best speech of the day, made by worthy John Fischer, mine host of the Planters'. L. L. Morgan followed with a short talk and at the conclusion of the exercises dinner was announced by Hon. A. L. Bush. It is needless to describe at length the groaning tables spread with impeting viands for the delectation of the inner man, as the hospitality of Santa Ana is proverbial amongst us of the vicinity. The day wound up with a pleasant dance. Deeds Filed—A. B. Chapman to E. P. Farnsworth, agreement to convey 20 acres of land on Chapman tract of Rancho Santiago de Santa Ana, for $400. A. Langenberger to Ben Dreyfus, piece of land in Anaheim addition containing 100 1-4 acres, for $1. A Langenberger to Ben Dreyfus two building lots in Anaheim, 3 vineyard lots, E6, D6 and C6. Los Angeles vineyard society, also city lot No. 54, for $1. Ben Dreyfus to E. L. Goldstein undivided half of vineyard lots E6, D6 If labor corps of the public practical forms tries charged Labor will find strength, when co-operate with ing the public costly and more justing industry strikes have p We acknowledge the receipt of cake from the wedding feast of our friend, Nicoles. May his fondest anticipations, as he enters the new life, fall far short of the realization. Prof. Harmen is unquestionably a genius in his way. We know of what we speak, for we have seen him. Don’t fail to convince yourselves of our Washingtonian virtue. On Tuesday last a man in the employ of H. E. Boldt met with a serious accident. He was engaged in loading empty pipes on a wagon, and the team starting suddenly caused one of the pipes to fall off, striking him on the head and inflicting a severe scalp wound. D. Lyons, Esq., of Los Alamitos, was thrown from his horse yesterday and suffered severe contusions about the head. Our young friend, D. E. Miles, was also thrown in turning from Center into Palm street, and suffered quite a serious injury, dislocating his ankle and probably breaking one of the small bones of the foot. The latter accident was caused by a crying nuisance of Anaheim—one of those worthless curs, whose only specialty appears to be rushing madly and savagely at passers-by, and whose efforts in that direction have caused more than one accident of similar nature. As we go to press, quite an interest is being manifested in the election of delegates to the Republican convention to be held next Saturday. Early yesterday morning the townspeople of Richland, Santa Ana and Anaheim started with one accord for the shady groves, selected as the spot where Santa Ana invited its sister villages to unite in doing honor to our natal day. About eleven o’clock the largest crowd ever assembled together in this section awaited the opening exercises. There were at least seven hundred people present, and all of them were in favor of county division. Hon. Edward Evey, of Fairview, called the meeting to order. Messrs. W. H. Spurgeon and Thos. Casad, of Santa Ana; Columbus Tustin, of Tustin City; Deeds Filed—A. B. Chapman to E. P. Farnsworth, agreement to convey 20 acres of land on Chapman tract of Rancho Santiago de Santa Ana, for $400. A. Langenberger to Ben Dreyfus, piece of land in Anaheim addition containing 100 1-4 acres, for $1. A Langenberger to Ben Dreyfus two building lots in Anaheim, 3 vineyard lots, E6, D6 and C6. Los Angeles vineyard society, also city lot No. 54, for $1. Ben Dreyfus to E. L. Goldstein divided half of vineyard lots E6, D6 and C6 and 95 1-4 acres in Anaheim addition, for $1. B. Dreyfus to A. Langenberger, vineyard lots B5, two building lots and 20 city lots in Anaheim, for $1. Married—July 2nd, at the residence of th ebride’s father in Tustin City, by Rev. L. P. Webber, E. R. Nicoles to Miss J. M. Tustin. Died—July 5, Mary, wife of the late Major Max Stroble. A Grange Organized—On Tuesday of the bride’s father in Tustin City, by a grange and elected officers. The organization numbers thirty-two gentlemen and ten ladies. The following are the officers’ choicen: E. Evey master; F. Kellogg, overseer; D. Evey lecturer; Wm. Cowan, treasurer; John Taylor, secretary; C. Gridley, chapain; Byron Clark and George Greeley, stewards; E. Johnson, doorkeeper; Miss M. Austin, seeress; Miss E. Kellogg, Flora; Miss Francis Evey, Pomona; Miss Boswell, stewardess. Deputy Garrison, from the national grange, will arrive in Los Angeles on Monday and will visit the Fairview grange during the week to install the officers and put it in working order. The vote at the primaries resulted as follows: For state senator, Asa Ellis, 9; for members of the assembly, W. H. Workman, 8; J. W. Venable, 4; Lamborn, 5; for sheriff, W. R. Rowland, 10; for county clerk, A. W. Potts, 9; for county recorder, S. H. Mott, 8; Gray, 1; Gillettie, 1; for treasurer, T. E. Rowan, 8; for district attorney, C. E. Thom, 8; for surveyer, Frank Lecouvier; for coroner Joseph Kurtz, 10; for public administrator, H. M. Mitchell, 10; for road commissioner, R. J. Floyd, 4; W. W. Jenkins, 4; for school superintendent, W. M. McFadden, 8; C.C.Cummings, 8; for county committee fourth supervisor district, Eduardo Pollereno, 10; at large, E.E.Hewitt, 10. Advocating sory the consol of the United States President Harry Speech boldly problem that y more menacing such consolidate voluntary and law represented vance of the act to combin acter. The perilious of “corrupt trusts” and such expression punitive legislation in the course of tightly tied. Bfic agreement: the public intercessions under statutes that w injuries rather present safety. In time they selves in a poor were practical ment of govern which they went to obtain for diture; while an cised jurisdictio without any re the money to re ment said: “I much no more service you require ordered: employs such If the railroad they could no dens imposed service required lowed compens government th PROTECTING INVESTORS One of the most important bits of legislation passed in many years by the California legislature is the "bucket shop" act, senate bill No. 220, according to an announcement authorized by the state corporation department. This bill becomes effective on August 17, 1923, and is destined to play an important part in strengthening and supplementing "blue sky" legislation. "Protecting investors is a difficult problem without adequate legislation," stated E. M. Daugherty, commissioner of corporations, in commenting on the "bucket shop" bill. "The bucket shop' bill places a powerful weapon in the hands of the state corporation department, as well as aiding other law enforcement agencies in that it requires brokers to keep a full set of books. "Heretofore brokerage houses doing a questionable business deliberately evaded keeping a set of books so that no evidence could be obtained against them when corporation department auditors and investigators descended on their places of business. "There is now an adequate penalty for persons doing brokerage business if they fail to keep a complete set of books, recording each security transaction." "The main object of the 'bucket shop' bill is to prevent "bucket shops' from gambling on paper in securities within the state of California. "That term bucketing of bucket shop as set forth in the meaning of the bill is prohibited. The bill describes an institution doing a bucketing business as those who make contracts regarding the purchase or sale of securities, wherein the purchaser thereof, does not intend that the purchase shall be a bona fide transaction and that the purchase is not actually executed by the broker. "Another important point is that the bill will do much to prevent a broker within the state of California selling securities and playing the market with customers' money." Harry W. Moore, chief auditor of the state corporation department, will hold conferences in Sacramento, San Francisco, and Los Angeles preparatory to a vigorous enforcement of the "bucket shop" act. Violations of the bucket shop act provide that a maximum fine of $5000 or imprisonment in a state penitentiary or both may be assessed in case violators of this act are convicted. Coupled with the recent amendment to the corporate securities act, providing that brokers must take out a sure- YAHEIM GAZETTE ONE STRIKE'S COST The shopmen's strike of last summer cost the government two million dollars. This amount was spent by the department of justice to guard life and property throughout the country. In a single agricultural state of the middle west it is estimated that the same strike cost the railroads three millions and the employes six millions. The huge sum total which the strike cost all parties involved throughout the nation is almost beyond conception. Certainly it cost the public much more than it did the employees, the railroads or the government. The figures throw a searching light on why the public is opposed to strikes and why it is seeking some better substitute. The public is not unfriendly to the cause of labor, save in instances where labor is obviously wrong and unfair. But the public is coming to realize as never before the cost and curse of the strike as a method of industrial settlement. If labor correctly divines the state of the public mind, it will not oppose practical forms of arbitration in industries charged with a public service. Labor will find in the public its surest strength, when it shows a readiness to co-operate with employers in protecting the public interest by seeking less costly and more orderly methods of adjusting industrial differences than strikes have proved to be. HARDING'S RAILROAD PLANS Advocating a law to make compulsory the consolidation of the railroads of the United States into a relatively small number of centralized systems, President Harding in his Kansas City mouths told them that was their private grief to be endured with exemplary patience. If now and then the railroads tried to get an understanding of the plight into the public mind, the people shrugged their collective shoulders and said, in substance: "You're getting just what's coming to you," and rehearsed the wrongs they were themselves made to suffer in the old days when the roads carried things with too high a hand. It is our belief that distribution is as important a factor as production. What would it avail a manufacturer to turn out his products or a farmer to grow his crop if there was no adequate way of getting them to market. The service must be paid for if it is to be maintained in efficiency and enlarged in satisfaction of ever expanding needs. Starve the railroads a little longer by a penny wise pound foolish policy and the result, too late publicly perceived to be remedied in season, will be such inadequacy of transportation facilities as will paralyze national prosperity. Congress can pass laws until the cows come home requiring the railroads to do this and do that, to pay out more here and charge less there, but all the statutes that can be enacted can make an investor put his money into railroad investments under existing conditions. The roads of the United States should be expending vast sums to keep pace with the country's growth and they are driven to desperate financing in efforts that hardly yield millions where billions are needed. The president has rendered a real public service that called for the courage of genuine statesmanship, in laying the need of constructive action before the people. It is a task that has indeed, been too long postponed. That the railroads are suffering seems indeed to be more generally recognized. What is not yea perceived is that the people of the whole country and the business of the whole nation must the United States in behalf of the league of nations, and his present series of articles is carefully planned to the same general end. DOLE BREEDS PARASITES At the conclusion of an impressive article showing how dole system has made professional idlers of thousands of people in England, Herbert N. Casson, writing in the Boston News Bureau, says that the system was a typical measure of the Lloyd George regime which the present government of England is in no way responsible for, but no one knows how to abolish. Such an outcome should have been foreseen by the British statesmen. Paternalism grows upon itself. The experiment would have been dangerous enough if the government had undertaken to provide employment with compensation from the public treasury. Even then there would have been a probability that people would begin to look permanently to the government to provide both work and wages. But the British experiment was far worse than that. Doles are paid weekly to men and women who do not work, thus encouraging a spirit of idleness. Worse yet, many people who had previously taken pride in self reliance became hardened to the idea of being public charges and now are fully satisfied to loiter their days away, depending upon the meager support they get from the toll of their fellow citizens. 50,000 WAR DODGERS The United States presumably will soon have 50,000 new citizens. These potential citizens aren't coming by way of Ellis island. They've been here a long time. They represent that many who claimed exemption from the draft because they were of alien birth. The courts ruled that those who claimed such exemption must wait five HARDING'S RAILROAD PLANS Advocating a law to make compulsory the consolidation of the railroads of the United States into a relatively small number of centralized systems, President Harding in his Kansas City speech boldly grappled with a national problem that year by year has grown more menacing. As the law stance, such consolidations are more or less voluntary and optional, but even that law represented a great step in advance of the attitude of public hostility to combinations of whatever character. The people had grown so suspicious of "combines," "inergers" and "trusts" and their suspicion found such expression in repressive and punitive legislation that the railroads in the course of time found themselves tightly tied. Even operating and traffic agreements plainly conceived in the public interest became punishable offenses under the growing number of statutes that were revengeful of past injuries rather than protective of present safety. In time the railroads found themselves in a position where their rates were practically fixed by one department of government, the consent of which they were additionally required to obtain for every material expenditure; while another department exercised jurisdiction over their pay rolls without any responsibility for finding the money to meet them. One department said: "You shall charge so much, no more and no less, for the service you render." Another department ordered: "You shall pay your employees such and such wages." If the railroads complained that they could not bear the increased burdens imposed or render the increased service required unless they were allowed compensating increases in rates government through its multifarious hardly yield millions where billions are needed. The president has rendered a real public service that called for the courage of genuine statesmanship, in laying the need of constructive action before the people. It is a task that has, indeed, been too long postponed. That the railroads are suffering seems indeed to be more generally recognized. What is not yea perceived is that the people of the whole country and the business of the whole nation must suffer vastly more unless adequate means are employed to build up the transportation industry on a sound basis. ARTFUL MR. GIBBS Sir Philip Gibbs, the eminent British journalist, is the author of a series of syndicated articles published in the United States concerning the English royal family and other matters intimately connected with British life. They are interesting and well written, but are worthy of special comment only because similar stories pertaining to French, Italian, Russian or other nationalities are conspicuous by their absence. Their publication shows how easy it is to spread broadcast throughout the United States propaganda, apparently innocuous, but caerring to a closer entente between this country and Great Britain, and having for its ultimate purpose the cancellation of most of the British debt to this country, entranie of the United States into the league of nations, or even a reunion of the two countries. These are not idle speculations, but were announced ideals of the late Cecil Rhodes, the late Lord Northcliffe, and other prominent Englishmen. Only the other day an influential London newspaper, telling of the payment of the first installment of interest and principal on the British debt to this country, said that the day might as well be called "Blac kFriday" and that the obligation should never have been met. Sir Philip Gibbs is a paid British publicist, has already toured Who owns the Santa Fe? Not a few persons, but many thousands, are stockholders in this great railway. All have a voice in its management. The number of stockholders living in states traversed by the Santa Fe is steadily increasing. Who owns the Santa Fe? Not a few persons, but many thousands, are stockholders in this great railway. All have a voice in its management. The number of stockholders living in states traversed by the Santa Fe is steadily increasing. Every railroad has two classes of people interested in its financial structure—viz., the stockholders and the bondholders. In the minds of many, both classes are considered as owners. As a matter of fact, only the holders of the stock are owners. The bondholders are loaners of money, the bonds representing a mortgage on the property to insure payment of money loaned. The Stockholders of the Santa Fe are, therefore, the owners of the road. Each share has an equal voice in all meetings of the Company. At the annual meeting vacancies in the Board of Directors are filled and such other business transacted as requires action by the stockholders. Number of Stockholders— There were on December 31st last 64,643 stockholders, of which 29,820 were men, 29,235 women, and the balance made up of firms, estates, and institutions, among the latter being— 122 insurance companies; 108 educational institutions; 93 religious organizations; 89 hospitals and charitable bodies. Average Holding— The average holding of stock was only 55.4 shares per name, but the holdings run from one share upwards— 14,583 held 5 shares or less; 26,335 held from 6 to 20 shares; 12,938 held from 21 to 50 shares; 6,378 held from 51 to 100 shares; Only 4,409 held over 100 shares. Two Classes of Stock— There are two classes of stock, viz., Preferred and Common, there being outstanding on December 31st last— 1,241,737 shares of Preferred Stock; 2,270,525 shares of Common Stock; Total—3,512,262 shares of both, Dividend Payments— The Preferred Stock is limited to 5% dividends. The balance of the earnings of the Company is available for Common Stock dividends. Dividends on the Preferred Stock have been paid for 25 years and for 23 years these have not been below 5%. Dividends on the Common began in 1901 and have not been below 6% since 1909. Something has been added to surplus each year since the reorganization of the company January 1, 1896. Local Stockholders— The number of stockholders in the states traversed by the Santa Fe is steadily increasing. In 1910 there were 1792 in those states, while in 1922 the number had grown to 7831. The Bondholders— While our bondholders have no share in the ownership or management of the property their importance is fully recognized. The Santa Fe had outstanding December 31, 1922, in round figures $287,000,000 of bonds. These are owned: Insurance Companies... $78,042,000 Savings Banks... 18,707,000 Charitable Institutions... 9,781,000 Corporations... -$51,339,000 Individuals... 129,196,000 The total number of bondholders is about 32,000. W. B. STOREY, President, The Atchison, Topeka and Santa Fe Railway System. "Better Service" It is our endeavor to render "Better Service" to our patrons with the aid of our Plan Book Service. Built in Fixtures, Dust Proof Finish Sheds. Adams - Bowers Lumber Co. "BETTER SERVICE" H. M. Adams N. C. Bowers E. L. Bowers Good Place to Buy— G-O-O-D L-U-M-B-E-R GANAHL-GRIM LUMBER CO. Anaheim. FROM KITCHENS' TO THE KITCHEN 161 W. Center. Phone 284 FROM KITCHENS' TO THE KITCHEN 161 W. Center. Phone 284 Meats, Groceries, Canned Goods, All of High Grade. THE ANAHEIM GAZETTE $1.50 Per Year WARNING All wallboard is not genuine Beaver Board. Genuine Beaver Board is made only by The Beaver Products Company, Inc., of Buffalo, N.Y. It is identified by the Beaver trade-mark. Buy it—and get the best. More Attractive—Less Expensive BEFORE the cold weather comes, make your rooms warm, cozy and attractive. Re-line old walls and ceilings with handsome panels of genuine Beaver Board. The cost is surprisingly low. And the work is quickly and easily done. Genuine Beaver Board is real manufactured lumber with a surface sealed and made perfect for tinting or painting by the patented Sealite process. It lasts indefinitely. Keep a bundle always on hand for general work. It pays! More Attractive—Less Expensive BEFORE the cold weather comes, make your rooms warm, cozy and attractive. Re-line old walls and ceilings with handsome panels of genlune Beaver Board. The cost is surprisingly low. And the work is quickly and easily done. Genlune Beaver Board is real manufactured lumber with a surface sealed and made perfect for tinting or painting by the patented Sealtite process. It lasts indefinitely. Keep a bundle always on hand for general work. It pays! We are specialists in high-grade building materials of all kinds. Phone us—or come in at any time. ANAHEIM FEED and FUEL CO. DEALERS IN Wood, Coal, Hay, Grain Seeds and Flour PUBLIC WEIGHING SCALES Phones: Pacific 317, Home 294 A. V. Vail, W. D. Grafton, Props.