anaheim-gazette 1923-08-23

NEWSPAPER MEN ENTERTAINED BY NEWPORT REPRESENTATIVES OF ALL THE COUNTY PAPERS GUESTS OF HARBOR BOOSTERS Scribes Taken for a Boatride Over the Bay, and All Work Necessary for Completion of the Harbor Explained to Them—George A. Peabody Points Out to Visitors How the Million Dollar Bond Issue Will Be Used—Guests Banquetted at Palisades Inn. The editors of Orange county were guests of the Orange county harbor chamber of commerce at East Newport and Balboa on Saturday, when they were hospitably entertained. The newspaper men were given a boat ride around the bay, leaving the landing at the Newport Yacht club and going up what is termed the city channel. Making the turn at the bend the captain headed his craft up the county channel and away up the straits into as fine a land-locked undeveloped harbor as lays outdoors. Hardly a ripple disturbs its placid waters, at low tide, and as the tidal crests roll in its bosom swells. Tiny white caps bedeck its surface, and its serenity, to the land-lubber, is beautiful to behold. Returning the skipper heads for the open channel, then goes out to sea, and hugs the east bank on his way back. Numerous smaller craft ply hither and yon, for the unruffled waters afford absolute safety every day. Turner was assistant cashier of the First National bank, a position which he held for the last four years, and previously to that time was assistant cashier of the Farmers' and Merchants' National bank. His uncle, the late J. A. Turner, was president of the latter institution. Turner's suicide came as a great shock to his friends and business associates, by whom he was universally liked. His associates became uneasy when he failed to return after leaving rather suddenly at noon Friday and search was made for him Friday afternoon and night. Turner's car was noticed at the rear of his ranch by neighbors, who thought nothing of the matter. But early Saturday morning, H. Roy Smith, a neighbor investigated and found Turner's body on the ground. A revolver was tightly clasped in the right hand. Turner was a capable, dependable man and his relations with the First National bank were satisfactory in every way, according to A. J. Crookshank, president of the bank. Turner recently had complained of headaches, according to Crookshank, who believes he became afflicted with an unforeseen metal condition which prompted his art. His business accounts were in good order in every way, it was declared. Turner was born in Sturgeon, Mo., in 1882, and came with his parents to Santa Ana in 1887. He attended school there, and the University of California. He is survived by his widow, his daughter, Florence, and his step-daughter, Mary Jean; his mother, Mrs. A. D. Tolle, of Santa Ana, two brothers and a sister. SOUND MONEY; FAKE MONEY The long-threatened collapse of the German finance seems to have come. Before the war a German mark was collected. Collector Goodcell in receipts from annual revenue taxes. For July, miscations netted $14,000; $10,903,231 for July; a gain in one monthly revenue receipt August 1, were $16,500 with $126,876,788 ing period of last 171,682. Collector Goodcell this immense receipt could be duplication alone, as no been increased; but hand, the last few taxes that ran up later. In the Los Alamos, the reduction to $15,000,000 a year. In order to offset loss in revenue, that the only solution expansion that would country and supply revenue. "Evidently the wives sweeping from the cisfice." Collector Goodcell "for the revenue seven months of came the loss in reduction in taxes, of more than $15,171 prosperity." Investigations co-deputies acting unceived from Washington Goodcell indicate co-ers in southern Collected to include returns for 1920. Realized from the The probe has best plan. The collector de-lieved the failure ofclude this item of an erroneous inter- into as fine a land-locked undeveloped harbor as lays outdoors. Hardly a ripple disturbs its placid waters, at low tide, and as the tidal crests roll in its bosom swells. Tiny white caps bedeck its surface, and its serenity, to the land-lubber, is beautiful to behold. Returning the skipper heads for the open channel, then goes out to sea, and hugs the east bank on his wavy back. Numerous smaller craft ply hither and yon, for the unruffled waters afford absolute safety every day of the year. After this investigating sea trip the guests are taken to the beautiful Palisades Inn, situate high upon the bluff overlooking the vast expanse of water, where a sumptuous repast is served. The party was under the guidance of Geo. T. Peabody, one of the livewire directors of the harbor chamber of commerce, who was kept busy answering questions relative to the feasibility and the practicability of the place for a harbor. Mr. Peabody says by building what is called the east jetty (as planned) the channel can be made a permanent passageway free of sand and silt to a depth of 20 feet, or as much deeper as the contingencies require. When the west jetty was built three years ago it was thought the structure extending seaward for 1000 feet would accomplish the end desired, but it has now been learned that the southwest coastal currents cause the waters to swivel around the jetty, undermining parts of it and deposits the sand to the east, thus filling up the channel to a certain extent. Competent marine engineers have advised the harbor commissioners that by the building of the east jetty, paralleling the west, with the intervening waterway several hundred feet wide, these swift currents will not be carried in, and the channel will thus be kept clear. Literally, as these mariners firmly declare, the channel will then scour itself. This, the advocates maintain, is the keynote of the entire project, for with a deep, open channel, suitable for allowing vessels to enter, the rest of the enterprise will take care of itself. The cost of this east jetty is estimated at $400,000. The city of Newport has already dredged the channel to a depth of about 14 feet. The county channel has a depth at present of 18 feet. These, of course, can be deepened and widened, which is proposed, provided the voters approve of the bond issue which is placed at $1,000,000. SOUND MONEY; FAKE MONEY The long-threatened collapse of the German finance seems to have come. Before the war a German mark was worth about a quarter of a dollar. Now anybody who wants such trash can buy several million marks for a dollar. The German people are driven to provide a substitute of some kind or stop doing business and let their whole economic structure fall to pieces. Widespread ruin is inevitable. Germans whose property is in the form of mere money now have nothing. Yet the tragedy is so instructive, to Germany and the rest of the world, that possibly this tremendous example of the evils of money inflation is worth while. It has been urged many a time in this country that the way to increase prosperity was to manufacture money in large quantities and dump it into circulation. That is exactly what Germany did. She dumped in millions of paper marks, then billions ,then trillions. And strange to say, the more of that nominal money was provided to do the business with, the less actual money there was. When the inflation started, the German money in circulation was worth several hundred millions of dollars. With every increase in volume, its total purchasing power grew less. Now all of the trillions of marks outstanding could be bought for a few millions of American dollars. The dollars are worth infinitely more than the marks simply because they represent, and have represented all along, actual gold. Our banknotes — promises to pay—have meant what they said. Our money has been real money while German money was "flat money." It is established with crushing certainty, by the experience of Germany, on top of general European experience, that money cannot be made out of nothing. That should silence the American advocates of flat money for a generation, at least. NO EXTRA SESSION NOW On all the facts before him, Presi- The city of Newport has already dredged the channel to a depth of about 14 feet. The county channel has a depth at present of 18 feet. These, of course, can be deepened and widened, which is proposed, provided the voters approve of the bond issue which is placed at $1,000,000. As near as can be learned, the bond election will be called about November 1st, or perhaps at a later date. A case is now pending in the supreme court of the state, whereby it is sought to decide ownership of tidelands at San Pedro, and a decision is expected to be rendered soon. It is said one large owner of land abutting the Newport harbor has announced his desire to abide by that decision, whatever it may be, regarding his holdings here. The decision will be of far-reaching effect, for it will definitely define ownership of all tidelands. SANTA ANA BANKER COMMITTS SUICIDE Temporary Insanity Supposed to Be the Cause of Act J. Howard Turner, 40 years of age, member of one of Santa Ana's best-known and pioneer families, shot and killed himself during a temporary spell of insanity, it was the belief of friends and relatives, after Turner's body was found on his ranch on East Seventeenth street. The body was discovered Saturday morning. The shot apparently was fired Friday afternoon, from the fact that his car was seen there by neighbors at that time and was in the same position Saturday. NO EXTRA SESSION NOW On all the facts before him, President Coolidge has declared he sees no reason to call a special session of congress. Should the situation change, of course, he is willing to change his position. If it should be found necessary, for instance, for the public welfare to place before congress the coal situation he would do so. But for the present, all the pressure for congressional action is by those politicians of the west who having persuaded farmers and merchants of the wheat region that political action will help them, want to have a chance to do some talking in the senate and the house of representatives. As long as talk before public gatherings is to be had, and that at comparatively little expense, it is not fair to the government or to the public to have expensive talk before the national legislature. President Coolidge has said in effect that the government is not going to buy wheat dear and sell it cheap, as a means of buying votes in the middle west. It is an honest and a courageous course. EXPANDING BUSINESS SHOWN BY TAX RECEIPTS That the United States as a whole is entering upon an era of steadily expanding prosperity is indicated by a report received from Washington by ANAHEIM GAZETTE Collector Goodcell, in which increases in receipts from every class of internal revenue taxes is announced. For July, miscellaneous tax collections netted $14,437,265, as against $10,903,231 for July, 1922. This shows a gain in one month of $3,534,534. Total revenue receipts from January 1 to August 1, were $142,048,470, compared with $126,876,788 for the corresponding period of last year, a gain of $15,171,682. Collector Goodcell pointed out that this immense increase in revenue receipts could be due to business expansion alone, as no federal taxes have been increased; but, on the other hand, the last revenue bill repealed the taxes that ran up into millions of dollars. In the Los Angeles district alone, the reduction in taxes amounted to $15,000,000 a year. In order to offset this tremendous loss in revenue, the collector said that the only solution was in business expansion that would cover the entire country and supply new sources of tax revenue. 'Evidently the wave of prosperity is sweeping from the Atlantic to the Pacific.' Collector Goodcell continued, "for the revenue receipts for the first seven months of 1923 not only overcame the loss in revenue due to the reduction in taxes, but showed a gain of more than $15,171,000. That means prosperity." Investigations conducted by field deputies, acting under instructions received from Washington by Collector Goodcell, indicate that many taxpayers in southern California have neglected to include as income their returns for 1920, 1921 and 1922, profit realized from the sale of real estate. The probe has been on a wholesale plan. The collector declared that he believed the failure of taxpayers to include this item of income was due to an erroneous interpretation of the in- to assert heavy penalties when the disclosure of failure to include income is voluntarily made by the taxpayer. Where the taxpayer does not voluntarily disclose items of income that were omitted and where the gains from real estate sales have not been reported, the collector said it would be necessary to assert full penalties upon all returns where the investigation disclosed the failure of the taxpayer to include real estate gains in his income tax returns. Prompt and voluntary action by taxpayers who have not declared their real estate profits will save them thousands of dollars in penalties. A QUESTIONABLE PRACTICE While being brought from the state penitentiary to give testimony in a Los Angeles court, one of the most desperate felons ever convicted in this state, escaped from the officer in charge of him. He has used his liberty for a series of robberies netting him thousands of dollars. He is in the position of having nothing to lose, unless in his new career he should commit murder. The utmost the authorities could do to him would be to put him bac kin the cell whence he came. If the testimony of a felon is considered valuable, it would appear to be the duty of somebody to procure it without such risk. In this instance the prisoner was expected to swear that the blame for certain crimes rested on him solely, and thus help clear the man accused of being his confederate. It is doubtful if a thoughtful jury could have been swayed by anything he might have said. The truthfulness of an habitual and degraded thief easily might be doubted. He could have had nothing to gain by having his associate found guilty. On the other hand, a pal on the outside his arrest and conviction, it was stated by Dunham. Dunham and Miller appear as rivals of Jake Deist, Fullerton policeman, who also seeks to obtain the reward, it is said. The reward is offered by the Japanese association of Fresno, where Padilla was said to have admitted firing many Japanese homes and public buildings. Dunham stated that on the morning after a series of pacing house fires had occurred in Fullerton, he and Miller found Padilla in a Mexican camp, two blocks from the packing house where they are employed. After holding him at the packing house for questioning, Dunham drove to police headquarters, he said, and notified the police of the capture. Officers Woods and 'Budge' Lacy went to the packing house and took charge of Padilla, Dunham said. Deist's claim to the reward must be based upon the matter of obtaining evidence, Dunham said he thought. As to evidence, Dunham said, the waste which had been used to ignite the fire at the Placentia Orange Growers' house had been secured by Dunham himself, and turned over to Delst. KOERNER HAS GONE TO HUNT JOE SIEGEL Santa Ana Promoter Disappears Leaving Debts. Working from Los Angeles as a starting point, the Orange county authorities are endeavoring to pick up the trail of E. J. Koerner, wanted on a charge of obtaining money under false pretenses, following the asserted collapse of a bold transaction in building leases and the related proposal to erect a ten-story building in Santa Ana. Last heard from in Los Angeles the origin of a telegram sent by Koerner. deputies, acting under instructions received from Washington by Collector Goodcell, indicate that many taxpayers in southern California have neglected to include as income in their returns for 1920, 1921 and 1922, profit realized from the sale of real estate. The probe has been on a wholesale plan. The collector declared that he believed the failure of taxpayers to include this item of income was due to an erroneous interpretation of the income tax laws and to misleading publicity that was given out prior to the ruling of the supreme court of the United States holding that such gains were taxable income under the internal revenue laws. In order to close up the dragnet transcript is being made of all reality transfers. The collector said that a fair investigation would be made of his files, to determine whether or not those sales habe been reported upon the income tax returns. He suggested that any person who failed to include the profit realized from the sale of real estate call at his office or file an amended return, as it is the policy of the internal revenue department without such risk. In this instance the prisoner was expected to swear that the blame for certain crimes rested on him solely, and thus help clear the man accused of being his confederate. It is doubtful if a thoughtful jury could have been swayed by anything he might have said. The truthfulness of an habitual and degraded thief easily might be doubted. He could have had nothing to gain by having his associate found guilty. On the other hand, a pal on the outside might have been useful to him. When the testimony of such a desperado is needed, or there is a theory that it is needed, it might be obtained without letting him have the opportunity of slurging his keeper, jumping from a train, and embarking on a fresh series of activities. CLAIMANTS FOR REWARD FOR CAPTURING PADILLA Guy Dunham and R. F. Miller, employees of the Placentia Orange Growers' association at Fullerton, claim to have captured F. B. Padilla, alleged incendiarist, and have filed formal claim to the $1000 reward offered for working from Los Angeles as a starting point, the Orange county authorities are endeavoring to pick up the trail of E. J. Koerner, wanted on a charge of obtaining money under false pretenses, following the asserted collapse of a bold transaction in building leases and the related proposal to erect a ten-story building in Santa Ana. Last heard from in Los Angeles the origin of a telegram sent by Koerner, it was said, to M. Eugene Durfee, Anaheim and Fullerton architect, Koerner appeared to have temporarily at least, eluded capture. Sheriff Sam Jernigan stated that no trace of him had yet been uncovered. The telegram received Thursday by Durfee, announced, it was said, that Koerner would be in Anaheim Friday. Durfee planned a conference with Koerner then, with reference to a half interest Durfee claims to have purchased in a lease, procured by Koerner from the W. F. Lutz interests, covering the corner of Fourth and Bush streets, Santa Ana. Durfee stated that paid Koerner $1375 upon the latter's representations that he had paid 72-ft. Wax Paper, 36c We have repriced many articles that moved too slowly Saturday BANG Here Goes the Re AHLSWEDE Here Goes the Re AHLSWEDE $10,000 S Every article in the warehouse is now in stock and FOR SALE. Dis tery, Kitchen Utensils, Glassware, Crockery, Baskets, Stove Buckets, Oil Cans, Bathroom Fixture Sale will last till Saturday night Modern Appliance 127 W. Center St. We will give free with every dollar purchase choice o silver polish or strainer and pants hange Jap Rose Soap, 5 for 25c Sanitas Lunch Cloths, 59¢ Bread To $2700 for the lease. Information received subsequently by Durfee, it was said, to the effect that no money had been paid on the lease, and that Koerner's negotiations for an adjacent lease fell through when a $3500 check, said to have been tendered by Koerner for the lease, was found, it was alleged, to be worthless, aroused Durfees' suspicions regarding Koerner. When Koerner, so it was stated, failed to appear in Anaheim, Durfee filed the criminal charge. Koerner was captured Saturday night by Los Angels police and turned over to Under Sheriff French. At his preliminary hearing before Judge Cox Monday he was held for the superior court in the sum of $5000. Business life is full or disorganizers who think they are organizers. California Theatre ANAHEIM Thursday, August 23 VAUDEVILLE Miniam Cooper in "The Accidental Husband" Friday and Saturday, Aug. 24-25 An All Star Cast "THREE WISE FOOLS" Leather Pushers. Int. News Sun, Mon., Aug. 26-27 MILTON SILLS in An All Star Cast "THREE WISE FOOLS" Leather Pushers. Int. News Sun, Mon., Aug. 26-27 MILTON SILLS in "Legally Dead" Ben Turpin, "Where is My Wandering Boy This Evening" Tues., Wed., Aug. 28-29 Alice Lake in "The Spider and the Rose" Young Sherlocks. Topics of the Day Wax Paper, 6c. Bring you bags and fill them full You will never be able to buy any cheaper the Rest of VEDE'S O Stock R SALE. Dishes and more Dishes, Aluminum, Pot- , Baskets, Stove, Shoe and Silver Polishes, bathroom Fixtures, Etc. pliance Co. Center St. purchase choice of 35c package of r and pants hanger. Bread Toasters, 19c No Exchanges No Refunds No Phone Orders Steel Wool, 5 for 25c