anaheim-gazette 1924-08-28

Anaheim Gazette ESTABLISHED 1870 ISSUED EVERY THURSDAY Henry Kuehl, Editor and Proprietor SUBSCRIPTION PER YEAR ... $1.50 SIX MONTHS ... $1.00 THREE MONTHS ... $ .50 Entered at the Anaheim Postoffice as second-class matter FAVORED PROTECTION Jefferson, Madison, Monroe, Jackson all honored names in history, certainly. And all Democrats! "Ours is the party of Jefferson," the 1924 Democrat boasts. But is it? Would Jefferson own as his the party that would lead us into the fires of Europe, to be scorched by the flaming hatreds of wrangling nations? Would the statesman who was opposed to giving "advantage to foreign over our domestic manufacturers" subscribe to, or even condone, the datribes his political posterity now directs against the Republican protective tariff policy? While the Davis-Bryan Democrats are marshaling forces for attacks on the Fordney-McCumber tariff law, would it not be well to thumb some old records to see again just how the Jefferson - Madison - Jackson brand of Democrat stood on his issue. Thomas Jefferson in his sixth annual message said: "Shall we suppress the imports (duities) and give that advantage to foreign over our domestic manufacturers? On a few articles of more general and necessary use, the suppression in due season will doubtless be right; but the laborers of England, feed our own; or else in a short time by continuing our present policy (that under the tariff of 1816) we shall all be rendered paupers ourselves. It is my opinion, there for, that a careful and judicious tariff is much wanted." Would it be indelicate to commend these excepts to those who drafted the tariff plank of the Democratic party? HARD BOILED ECONOMIZER "Kansas farmers speak of President Coolidge as a 'hard boiled economizer in government expenditures,' which accounts for his popularity in our state," said Senator Arthur Capper, of Kansas, when he visited Republican National Committee headquarters on the occasion of the Dawes notification exercises. "Nothing so strongly appeals to our people as rigid economy and hard common sense in the management of governmental affairs," said the Kansas Senator. "We are satisfied with Coolidge; we believe he is safe and sane, and we know this is no time to make a change in the management of our national affairs. There has been a marked improvement in the sentiment of our people during the past 60 days due to careful consideration of the situation and the increases in prices of farm products, accompanied by excellent crop prospects, which made for the full dinner pall of the working man. "Common sense and rigid economy," said Senator Capper "appeal more strongly to our people than Government ownership of railroads, or attacks upon the protective tariff system, or the untried and revolutionary policies which strike at the foundations of our government. Our farmers believe in 'Cal, the hard boiled economizer,' and the Dawes' plan for to be enforce sound. In wrongdoing people of the Constitution crippling, creed and sainthood in the field of alism and prudence." "I believe tion. I favor individual en ed to any gernment-owned people of th e to own the business of America woul d not b people were ment monopol ythe safest pla rture the Com pule have ma Court. It is have liberali ress in action is common se" The Coolidge entation of s threats, pro mote the Democrat opposes an im complisbed acured. These others will be that ran through press the mil the Fordney-McCumber tariff law, would it not be well to thumb some old records to see again just how the Jefferson - Madison-Jackson brand of Democrat stood on his issue. Thomas Jefferson in his sixth annual message said: "Shall we suppress the imports (duities) and give that advantage to foreign over our domestic manufacturers? On a few articles of more general and necessary use, the suppression in due season will doubtles be right; but the great wass of the articles on which imports are laid are foreign luxuries, purchased by those only who are rich enough to afford themselves the use of them." "My own idea is that we should encourage home manufacturers to the extent of our consumption of everything of which we raise the raw materials." (From letter to Humphrey). In 1817 he said, in accepting an election to membership in a Society for the Encouragement of Domestic Manufactures: "The history of the last twenty years has been a significant lesson for us all to depend for necessaries on our selves alone; and I hope twenty years more will place the American hemisphere under a system of its own, essentially peaceable and industrious and not needing to extract its comforts out of the eternal fires raging in the old world." James Madison in his special message to Congress in 1802 said: "It will be worthy of the just and provident care of Congress to make such further alterations in the laws as willmore especially protect and foster the several branches of manufacture which have been recently instituted or extended by the laudable exertions of our citizens." James Monroe in his inaugural message showed how clearly he realized the importance of a home market in the following words: "We manufacturers will likewise require the systematic and fostering care of the Government. Possessing, as we do, all the raw materials, the fruit of our own soil and industry, we ought not to depend, in the degree we have done, on supplies from other countries. Equally important is it to provide at home a market for our raw materials, as by extending the competition it will enhance the price and protect the cultivator against the casualties incident to foreign markets. And in the seventh annual message excellent crop prospects, which made for the full dinner pall of the working man. "Common sense and rigid economy," said Senator Capper "appeal more strongly to our people than Government ownership of railroads, or attacks upon the protective tariff system, or the untried and revolutionary policies which strike at the foundations of our government. Our farmers believe in 'Cal, the hard boiled economizer,' and the Dawes' plan for bringing real peace to the world. This means prosperity under Republican rule. Our farmers know it, and the working men in our industrial centers know that this truly insures their prosperity." COOLIDGE APPEALS TO COMMON SENSE The acceptance speech of Calvin Coolidge is much more than a formal acceptance of the Republican nomination. It is pungent, close-knit, convincing account of the stewardship of the Harding-Coolidge regime a chart of proposed action and a pledge for the future. Remarkably free from political hokum and the grand gesture its keynote is common sense as this country's greatest asset, and believes it wants a "government of common sense." It is to this American quality that he appeals. He reviews the progress in ending the national chaos of 1921. He reminds the nation that five million men jobless have jobs. That frozen assets have thawed, interest is lowered, taxes reduced and capital made plentiful. Veterans have been cared for. A budget has been installed, payrolls purged and drastic economies practiced. Tariff and immigration laws ending the dumping of cheap goods and war-weary peoples have been passed. The American plan for an old World settlement is on the verge of adoption. Military forces have been cut to a low peace time basis and naval armament limited. By reason of these things the country has come to a mighty revival in industry. These are the Coolidge reminders to apostles of unrest and change. He turns from them to solid and definite proposals for the future. He favors the World Court and opposes the League. He will call another arms conference following the European settlement; but meanwhile he believes in doing something as well as talking..." quire the systematic and fostering care of the Government. Possessing, as we do, all the raw materials, the fruit of our own soil and industry, we ought not to depend, in the degree we have done, on supplies from other countries. Equally important is it to provide at home a market for our raw materials, as by extending the competition it will enhance the price and protect the cultivator against the casualties incident to foreign markets. And in the seventh annual message he said: "Having formerly communicated my views to Congress respecting the encouragement which ought to be given to our manufacturers, and the principles on which it should be founded I have only to add that those views remain unchanged. I recommend a review of the tariff for the purpose of affording such additional protection to those articles which we are prepared to manufacture, or which are more immediately connected with the defence and independence of the country." Andrew Jackson said in 1824 in the United States Senate: "Providence has filled our mountains and plains with minerals, with lead, iron and copper, and given us a climate and soil for the growing of hemp and wool. These being the greatest materials of our national defense they ought to have extended to them adequate and fair protection, that our manufacturers and laborers may be placed in a fair comparison with those of Europe; and that we may have within our country a supply of those leading and important articles so essential in war. We have been too long subject to the policy of British merchants. It is time we should become a little more Americanized; and instead of feeding the paupers and These are the Coolidge reminders to apostles of unrest and change. He turns from them to solid and definite proposals for the future. He favors the World Court and opposes the League. He will call another arms conference following the European settlement; but meanwhile he believes in doing something as well as talking about national defense. Prohibition will be enforced, the Child Labor Amendment. He does not surrender an inch in his support of the Mellon tax plan and urges further tax cuts. He faces the thorny farm problem with the Coolidge common sense. A commission will be named to investigate it and report back to Congress in December. The farmer is reminded of the immense credits given him and the many laws passed to aid him; and is told that, after all, his main problem is marketing. Co-operative effort, reorganization of the freight rate structure, good business and good wages in manufacturing and the settlement of European affairs will all help to provide better marketing conditions. This will not silence the witch doctors; but it does face the realities of the farm situation. He faces others just as squarely in meeting the Democratic challenge of "honesty in government." No plea of confession and avoidance is made in the oil and other scandals. To the Democratic blanket indictment of the Administration there is the rejoinder that the way of an administration that has economized, lessened taxes and purged payrolls is "not the way of dishonesty." Corruption in office will be resisted in every possible war for "the American government must be clean. The laws of the land are being and will continue A moderate trivility was re-established District during months of declining goods at which been accompanied by very industry our own; or continuing our over the tariff rendered paupulation, there indicious tariff to commend to drafted the mercatic party? BOMIZER of President and economizer mores," which city in our Our Capper, of Republican quarters on notification peals to our and hard comment of governthe Kansas with Coolie and sane, time to make ment of our has been a sentiment beast 60 days of the press in prices kniled by exch made for the working economy." peals more can Governads, or at tariff sysvolutionary the foundaOur farmward boiled plan for to be enforced. The government is sound. Individuals charged with wrongdoing are being prosecuted. The people of this country hate corruption They know my position. They know the law will be enforced." Stronger pledges no man can give than these. To them he pledges not only himself but his party. They appeal to the national common sense and sense of justice. The President is in accord with his platform's denunciation of bigotry and intolerance. He is bluntly opposed to every article of the La Follette Constitution tinkering Supreme Court crippling. Government ownership creed and says of this new Richmond in the field and the blather of libaralism and progressivism: "I believe in the American Constitution. I favor the American system of individual enterprise and I am opposed to any general extension of government ownership and control. The people of the nation should continue to own the property and transact the business of the nation. This country would not be a land of opportunity, America would not be America, if the people were shackled with Government monopolies. We believe that the safest place to declare and interest the Constitution which the people have made is in the Supreme Court. It is well for the country to have liberality in thought and progress in action; but its greatest asset is common sense." The Coolidge speech is an able presentation of a strong case. To the threats, promises and caliories of the Democrats and La Follettistas he opposes an imposing array of facts accomplished and great advantages secured. These things have been done; others will be done. The sincerity that ran through the address will impress the millions who listened in last sponse to strengthening demand and price advances. Bank credit has continued plentiful and interest rates relatively low. Reflecting recent trends of business in the district, this bank's index of bank debits (corrected for seasonal variation, year to year growth and price changes) advanced 6.5 per cent during July and was again slightly above normal (100) in that month. During June the index had fallen below normal for the first time since November, 1922. The value of trade at retail during July, as reported by representative department stores in larger cities, was the same as during July a year ago, and, if allowance be made for seasonal factors, was larger than in the previous two months of the present year. This improvement was quickly reflected in increased purchases from wholesalers, indicating light stocks of goods on retailers' shelves. In general, however, trade at wholesale may still be termed inactive, although not displaying the abnormal dullness noted during May and June. Accompanying the increased willingness of consumers and retailers to buy in more normal amounts, commodity prices at wholesale have moved upward reversing a downward trend which has continued since last February. Private weekly indexes of wholesale prices advanced steadily during July, preceding the upward movement of the United States Bureau of Labor's monthly index of the general wholesale price level (404 com­dities) which stood at 147 for July compared with 145 for June (1913 prices-100.) Of particular importance to this district were increases in prices of grains, wool non-ferrous metals and lumber. The improvement in business con­tinue in car loadings has not been for the profit of the railroads at the expense of the shippers and others is indicated by the fact that the rate of return on the property investment of the railroads is only 4.13 per cent so far this year, as compared with 5.75 per cent for the same period last year-decrease of 28 per cent in the rate of return. The railroads are handling more freight at less net profit. Along with this evidence of business activity there has been a lowering of interest rates for both time and call loans and an advance in the market prices of practically all stocks and bonds sold on the exchanges. This seems to be an unfortunate period for the calamity howler. 45,000 CARS OF GRAPES WILL BE SHIPPED EAST Shipments of grapes in the Wineville, Spadra, Cucamonge, Etlwanda and other Southern California sections are expected to start within two or three weeks, railroad officials declare. It is expected that approximately 45,000 cars will be routed to the east from California this year, a record for grape shipments. Railroads are in a better condition to handle the perishable crops of California this season than at any time opinion indicate. All transcontinental lines entering this state will be able to draw heavily on the surplus motive power and rolling stock accumulated during the past two months. Favorable weather conditions are expected to result in the grape shipping starting earlier than usual. The Pacific Fruit Express, owned jointly by the Union Pacific and the Southern Pacific, has purchased 8,000 refrigerator cars this season and will enter the coming season with a total have liberality in thought and progress in action; but its greatest asset is common sense." The Coolidge speech is an able presentation of a strong case. To the threats, promises and caloeries of the Democrats and La Follettistas he opposes an imposing array of facts accomplished and great advantages secured. These things have been done; others will be done. The sincerity that ran through the address will impress the millions who listened in last night, and will continue to impress them. As a Republican confession on faith and a reply to the issues raised it could not be bettered. Calvin Coolidge has given the Nation an account of his stewardship and his party a campaign document that will appeal to that common sense to which he so earnestly wishes to appeal. MONSTER CELEBRATION AT SAN FERNANDO The old Mission of San Fernando 20 miles north of Los Angeles, on the King's highway, will be the scene of a monster celebration of "Admission Day" on September 9, next. The Kiwanis Clubs, Chambers of Commerce, Women's Clubs and other civic organizations of the San Fernando Valley, as well as the Native Sons of the Golden West and Native Daughters of the Golden West, throughout Southern California have joined forces to make this occasion memorable on the pages of California's history. Beginning at 11 o'clock before noon there will be a continuous program of vivid and colorful events. A tableau portraying the signing of the historic treaty between General Andres Pico and General John C. Fremont will be staged and the various characters will be played by actors of world's greatest fame. One of the world's greatest singers will render a California song. Practically the entire cast of the Mission Play from San Gabriel will perform throughout the day after the manner of the old Spanish troubadour. One of the most noted men of California will deliver the oration of the day. A program of athletics, including bout between two famous boxers will be staged by John Sweeney of San Francisco. The Kiwanis Band of Van Nuys, the San Fernando Valley Boy Scouts Band and other musical organizations will take part. On this same day the Grand Chapter of the new Society of the Golden PRIVATE weekly index of wholesale prices advanced steadily during July, preceding the upward movement of the United States Bureau of Labor's monthly index of the general wholesale price level (404 commodities) which stood at 147 for July compared with 145 for June (1913 prices-100.) Of particular importance to this district were increases in prices of grains, wool non-ferrous metals and lumber. The improvement in business conditions was not generally reflected in July figures of industrial production, but evidence mostly non statistical down to August. 20th indicates that production schedules were increased during the latter part of July and the early part of August. A significant increase in the number and value of building permits issued in 20 principal cities was reported during July as compared with June, and while the July figures were still below the high levels of a year ago the percentages of decline were smaller than in any month since April. In the lumber industry shipments increased in comparison with production, while new orders increased in comparison with both ships and production. Stocks of lumber held by mills accordingly declined and their unfilled orders increased. Relative stability in production of important minerals, petroleum and flour was reported. Deposits continued to increase in the banks of the district during July and in the absence of increased commercial borrowing were largely diverted into investment channels. During the five weeks ending August 13th demand deposits at reporting member banks in principal cities increased by thirty four million dollars or 4.7 per cent, commercial loans declined by six million or 7 per cent and investments increased by nine million dollars or 2.5 per cent. Total earning assets of the Reserve Bank increased during this period but solely as the result of further purchases of United States government securities. Total discounts of the Reserve Bank, at nineteen million dollars on August 13, 1924, were at the lowest point since April, 1917. On August 21, 1924, the Federal Reserve Bank of San Francisco lowered its rediscount rate on all classes of paper from 4 to 3½ per cent. The 4 per cent rate had been in effect since June 10, 1924, it having superseded the 4½ per cent rate announced March 21, 1923. NO TIME FOR CRAPE HANGERS limited. By the country in industry. liminders to change. He and definite He favors poses the other arms European he believes was talking Prohibition old Labor surrender the Mellon tax cuts problem sense. A to investi congress in reminded of him and him; and an problem effort, re-rate struc-ood wages settlement will help to conditions. Which docalities of cases others the Demo-ny in gov-ession and and other blanket tion there way of an economized, payrolls city. Cor-ted in ev- American The laws continue form throughout the day after the manner of the old Spanish troubadour. One of the most noted men of California will deliver the oration of the day. A program of athletics, including bout between two famous boxers will be staged by John Sweeney of San Francisco. The Kiwanis Band of Van Nuys, the San Fernando Valley Boy Scouts Band and other musical organizations will take part. On this same day the Grand Chapter of the new Society of the Golden Scroll will be organized in the historic assembly room of the old mission, and San Fernando Chapter No. 17, will also be organized. The program is being arranged under the personal supervision of J. H. Steven McGroarty, author of the Mission Play, who will act as master of ceremonies and who will also deliver an address. September 9, next will mark the 74th anniversary of the admission of California's history which has been so much in evidence during the past year in the public schools will assure a tremendous attendance of students of the grammar schools and the high schools of this section of the state at the gathering at the old San Fernando legal holiday and it seems assured that the gathering at the old San Ferhando Mission will probably mark the most elaborate celebration of "Admission Day" since the star of California was placed on the flag. REVIVING BUSINESS A moderate increase in business activity was recorded in the Twelfth District during July, following four months of decline. Wider distribution of goods at wholesale and retail has been accompanied by rising commodity prices, and more recently productive industry has increased in re- NO TIME FOR CRAPE HANGERS There are many features of American commercial conditions which give convincing evidence of the prosperity of the nation despite the efforts of demagogues to disseminate an impression to the contrary. Of course, higher prices for wheat, corn and cotton are among the best known indications of an improved business situation. But there are many other manifestations of industrial activity not so commonly known. Among these other indications are the bank clearings, which show the amount of business being transacted through the banks and most business is shown by the passing of a check through the bank. For the present year to date the bank clearings in 10 Federal Reserve cities and 12 other cities for which records have been tabulated show an increase of 6.7 per cent over the same period of last year. Another evidence of activity in industry is the record of transportation, for it takes activity in industry to supply traffic for freight trains. According to statistics gathered by the "Annualist," the revenue car holdings of all commodities thus far this year have been 10.5 per cent greater than last year to the same date. The car loadings of forest products, chiefly for building purposes, have shown an increase of 22 per cent and on manufactured goods 14 per cent. That this in- HIGHWAY PROBLEM ACUTE IN CALIFORNIA That California will have to maintain full speed ahead on its highway program is indicated by the biennial traffic census taken in June. This indicates an increase of approximately 47 per cent over the figures for the date of the last census. Curiously enough this is equal to the increase that was reported for the period between 1920 and 1922 and shows that the traffic expansion is keeping pace with the growth in the number of motor vehicles. The result of the two biennial checks on traffic in all parts of the state appear to indicate that there has been a constant annual increase in the use of the roads since 1920. If the future is to be judged by the past, similar growth will be recorded in 1926, making it imperative that every possible activity be employed in maintaining existing highways, widening those that are overburdened with traffic and providing new roads to relieve the more congested sections. It is pointed out by authorities on highway construction that the process is a continuous job as old roads are constantly in need of repairs and the rapid increase in vehicles using the roads makes pressing need for additional outlays. The Automobile Club of Southern California, the State Highway Commission and various boards of supervisors after thorough investigations are agreed with the special committee appointed by the governor that new methods of financing highway construction must be adopted. It is generally conceded that plans must be devised that will be equitable and furnish a steady and ample source of revenue to provide for a systematic and adequate highway development. The figures thus made public by Marsh represent a substantial increase for this county over the entire registration of 1923 and are indicative of the rapid development of this section of California. Marsh's report shows a gain of 113,794 for the whole state over 1923, the total, inclusive of trailers, being 1,129,785. As the report was prepared as of August 1st there have been heavy increases since then to put California still farther in the lead. Counties leading in registrations follow in their regular order: Los Angeles, first; San Francisco, second; Alameda, third; Fresno, fourth; San Diego fifth; Orange sixth; Santa Clara, seventh; Sacramento, eighth; San Bernardino, ninth and San Joaquin, tenth. Orange County Business College 625 North Main Street, Santa Ana, California. Enroll now for the Spring term Day School Secretarial, Accountancy, Business Administration, Bookkeeping Posting Machine and Shorthand courses. Every graduate placed in a good position. You can enter any school day or school evening. Call or write for our free catalogue explaining everything. J. W. McCORMAC, Pres. The Automobile Club of Southern California, the State Highway Commission and various boards of supervisors after thorough investigations are agreed with the special committee appointed by the governor that new methods of financing highway construction must be adopted. It is generally conceded that plans must be devised that will be equitable and furnish a steady and ample source of revenue to provide for a systematic and adequate highway development program. OUR MOTOR VEHICLES Will H. Marsh, chief of the Division of oMtor Vehicles has forwarded figures from Sacramento to the office of the Gazette showing that the total registration of motor vehicles and trailers in Orange county for the first six months of 1924 amounted to 34,103. Registrations for this county as given by Marsh are as follows: Automobiles, 29,416; solid trucks, 607; pneumatic trucks, 3051; motor cycles 304; trailers 725. The money this county receives for highway purposes from motor vehicle receipts for the six month period will be based on these figures. MODERN BANKING FACILITIES Anaheim National Bank is a banking institution which affords every faeility and banking accommodation to its patrons. Strict adherence to conservative banking principles and the highest level of modern service are two important features which characterize the progressiveness of this instituOurs is a safe, constructive service of the ut- which affords every faeility and banking accommodation to its patrons. Strict adherence to conservative banking principles and the highest of modern service are two important features which characterize the progressiveness of this instituOurs is a safe, constructive service of the utmost value to our patrons. It is because of this notice that the Anaheim National Bank has enjoyuch a steady and substantial growth. Anaheim National Bank OFFICERS . A. Dolan, Prest. Jno.A.Wents, V.-P. A.B. McCord, Cash. R. L. Phegley, Asst. Cashier DIRECTORS A. Dolan, Fred C. Rimpau, J. J. Dwyer, J. H. Wents, B. Fisher, D. Jessurun, A. B. McCord