anaheim-gazette 1924-09-11

WASHINGTON LETTER A bombshell has been thrown into both the Davis and LaFollette camps by the publication of an affidavit made by George Remus who is serving a term in the Atlanta penitentiary and who was one of the chief witnesses for the prosecution in the Wheeler investigation of former Attorney General Daugherty. Remus charges in his affidavit that Senator Wheeler, vice presidential candidate on the LaFollette ticket, and Senator Brookhart bribed him to aid them in "framing" Attorney General Daugherty, promising him his liberty from prison to be secured by their political influence if he would come to Washington and testify falsely against Daugherty and Jesse Smith, who was a sort of unofficial private secretary to Daugherty; that under the influence of an impelling desire for liberty he, Remus, finally yielded to the temptation and did so falsely testify that he had made large payments to the said Jesse Smith; that as a matter of fact he never made any payments to the said Jesse Smith, and did not even know him, and that to the best of his knowledge and belief the entire story was manufactured out of whole cloth by Gasson B. Means, a discharged detective of the Department of Justice, employed by Wheeler and Brookhart to get up their case against Daugherty. Means was and is himself under indictment in New York State and his trial was postponed at the instance of Wheeler. Remus, who is a man of more than ordinary intelligence and who made a fortune in the illicit sale of liquor and was known as "the bootleg king," swears that Harry Stern a lawyer representing Wheeler and Brookhart, came to him and told him they wanted to get Daugherty and would procure his free demif it he would swear as he did but... THE AIR MAIL Among its other notable achievements, the Republican party will go down in history as the one that established transcontinental air mail service. This is not now considered of much importance, and perhaps it is not, when considered from the standpoint of the amount of mail handled in comparison with the total amount of mail that goes through our postal system. Even in that respect, it is important, for urgent mail matter now receives a service heretofore not available. But the real importance of the transcontinental air mail service lies in its future development. With the improvement of airplanes, the establishment of branch lines as feeders to the main transcontinental lines, and the creation of the air mail habit among business men, the service will become one of the absolutely necessary features of modern means of rapid communication. Today, very few people use the air mail. In a few years it will be in common use. All things must have a beginning and the men who make the beginning are entitled to the credit for a great part of the subsequent development. A Republican Administration started our reclamation service, built the Panama Canal, and originated free rural mail delivery. It is not surprising that a Republican Administration also had the vision and the enterprise to establish a transcontinental air mail service. WATER BOARD MEETING A regular meeting of the board of directors of the Anaheim Union Water Company was held on Wednesday with Directors Hale, Tuffree, Annin, Miller and Hansen present at roll call north. As United States some years from theington, Mr. Poindexter known at the nation's love of outdoor life and make observations of sources of a country, cerning Peru are sparing esting. As we look at the Peru as being about the state of the Union. Poindexter, "about the combined area of Oklahoma, Kansas, Colorado and New Mexico and resources of our well known, he takes milleras and the pampas. At from 10 to 13 this vacation he found a humble entirely uninhabited evident that here is agriculture, for the wheat, barley, oats, soil it is well watered, andquent small streams for domestic and ran easily be developed. It out transportation, amerce can be developed modern means of tra nsance of products." In the great Moyob can see a demonstration abilities of the fertile production of coffee, succes yucca and vegeta kinds. Scattered hrough this part of tha and near the ancient rly Spanish settlers, tha a few fine old Spanis numerous branches more or less baronial with all the attractions and detachment of a try." Mr. Poindexter t tha occidental cordille "Organized labor is the chief support of—in the big cities; and his utterances are as criminal as they are wildly silly. All the ugly forces that seethe beneath the social crust are behind him. The appeal for him is frankly on class and sectional hatred. It is as vicious a campaign as I ever have seen. And the worst of it is that the very people whom one would wish to help are those who are going most wrong and are putting themselves in such a position that they must be resolutely opposed. "Theodore Roosevelt. This was written by Mr. Roosevelt to his sister during the campaign of 1896. He was writing of William J. Bryan. But his words are prophetic. Were he writing of Robert M. LaFollette during the present campaign his words could not be more accurate. And those who best knew Col. Roosevelt are convinced that were he here today to express his opinion of the LaFollette-Wheeler campaign it would be in precisely the same terms. Careful estimates of the situation in the Senate and the House made recently show in what unspeakable chaos the government would be plunged should LaFollette receive a sufficient number of votes to throw the election into the House. The House would be hopelessly deadlocked. All concede that. But an analysis of the Senate shows that it would also. With its choice confined to Dawes and Bryan, the chances are that neither candidate could win because the body would be so evenly divided. Who, then would be president after March 4 Senator Walsh of Montana, regarded at least in his own party as an excel- WATER BOARD MEETING A regular meeting of the board of directors of the Anaheim Union Water Company was held on Wednesday with Directors Hale, Tuffree, Annin, Miller and Hansen present at roll call. Finance Committee's report was accepted and upon motion warrants ordered drawn in payment of the various demands therein recommended. Superintendent reported the Yorba well had been drilled to 320 feet Superintendent was instructed to secure an air compressor and test out this well. Director Miller reported for the Santa Ana River Development Company. J. J. Dwyer was present and requested that this company make a donation to the Farm Bureau toward the maintenance of a representative at power rate hearings, etc. Upon motion a warrant ordered drawn of $100 to the Orange County Farm Bureau. Fifty dollars to be credited to the Anaheim Farm Bureau and fifty dollars to the Fullerton Farm Bureau. A representative of the Capital Oil Company was present regarding the establishment of the boundary lines of the Rives and DeShorb Tracts. Upon motion this was referred to the Superintendent and Engineer to investigate and report at the next meeting. Upon motion the Board of Directors decided to make a trip of inspection in the upper Santa Ana River Water Shed on Thursday, September 11. Upon motion Director Thamer was given the proxy for this company to act as a representative at the election of the District Oil and Gas Commissioners to be held on September 16, 1924. Upon motion the following transfers of stock were granted: 4½ shares James Ortega, Jr., to A. S. Bradford, trustee for F. B. Tuffree; 20 shares, William Loftus, pledgee for James Sleeper and Harriet D. Sleeper, joint tenants, to Mortimer Louis Hall; 10 shares, William Loftus, pledgee for F. E. McCarter and Viva McCarter, joint tenants to James Sleeper and Harriet D. Sleeper as joint tenants an undivided two thirds interest and F. E. McCarter and Viva McCarter, as If a business won a month), would it its prices were too low? As of December gave to the railroad actual figures for mated as $1,100,000 this tentative value as of December Railways in 1923 proximately $997,600 The Government this guarantee has claimed—the Gov- should Larollette receive a sufficient number of votes to throw the election into the House. The House would be hopelessly deadlocked. All concede that. But an analysis of the Senate shows that it would also. With its choice confined to Dawes and Bryan, the chances are that neither candidate could win because the body would be so evenly divided. Who, then would be president after March 4 Senator Walsh of Montana, regarded at least in his own party as an excellent constitutional lawyer, maintains that Coolidge would hold over until his successor was elected. Senator Borah on the other hand, declares that would be impossible as Mr. Coolidge would go out of office automatically at the end of his term. Mr. Borah believes Mr. Hughes, as Secretary of State, next in line and confirmed for his present high office for no definite period would become President. On still another hand there are a number of able Senators who contend that Postmaster General Harry New would become president. They point out that Congress, sometime ago, in order to protect the mail service, enacted a law specifically providing that the Postmaster General should hold office until his successor had qualified. They contend that the terms of all other cabinet officers expire with that of the President, and as the "line succession" consists of the members of the cabinet, beginning with the Secretary of State and running down to the last cabinet office created and as the Postmaster General would be the only cabinet officer in office, he must naturally succeed to the presidency. All of which shows the chaos into which the country would be plunged by any considerable third party vote. With Coolidge and Dawes as candidates few will need to read the platform. It's a good one, at that. Upon motion the following transfers of stock were granted: 4½ shares James Ortega, Jr., to A. S. Bradford, trustee for F. B. Tuffree; 20 shares William Loftus, pledgee for James Sleeper and Harriet D. Sleeper, joint tenants, to Mortimer Louis Hall; 10 shares, William Loftus, pledgee for F. E. McCarter and Viva McCarter, joint tenants to James Sleeper and Harriet D. Sleeper as joint tenants an undivided two thirds interest and F. E. McCarter and Viva McCarter, as joint tenants an undivided one third interest. It was moved by Director Annin and seconded by Director Hansen that an Assessment of $5 per share be levied upon the subscribed Capital Stock of the Anaheim Union Water Company, payable on or before the 31st day of October, 1924, to the Secretary at the office of the corporation, at 303 West Center street, Anaheim, California. Any stock, upon which this assessment shall remain unpaid on the 1st day of November, 1924, will be delinquent and advertised for sale at public auction and unless payment is made before will be sold on Thursday, the 15th day of December, 1924, to pay delinquent assessment together with cost of advertising and expense of sale. Motion unanimously carried by roll call vote. TRAVELOGUE OF PERU The vast extent and richness of the undeveloped and almost unknown hinterland of Peru is the most vivid impression left on the mind of Hon. Miles Poindexter, our Ambassador to that country, who has recently made a 2500 mile trip through the Land of the Incas, crossing the various ranges of the Andes and descending the headwaters of the Amazon to the main stream at Iquitos, returning to Lima by a different route more to ANAHEIM GAZETTE north. As United States Senator for some years from the State of Washington, Mr. Poindexter became well known at the nation's capital for his love of outdoor life and his ability to make observations of the natural resources of a country. His letters concerning Peru are sparkling and interesting. As we look at the map we think Peru as being about the size of a small state of the Union. "It is," says Mr. Poindexter, "about the size of the combined area of the States of Texas, Oklahoma, Kansas, Nebraska, Colorado and New Mexico." The climate and resources of the coast being quite well known, he takes us into the cordilleras and the pampas. At from 10 to 13 thousand feet elevation he found a huge region almost entirely uninhabited. It is perfectly evident that here is a vast field for agriculture, for the production of wheat, barley, oats, sheep and cattle. It is well watered, and with the frequent small streams electric power for domestic and ranch uses could easily be developed. It is totally without transportation, and no great commerce can be developed without more modern means of travel and conveyance of products." In the great Moyobama Valley one can see a demonstration of the possibilities of the fertile soil in the production of coffee, sugar, corn, potatoes, yucca and vegetables of various kinds. Scattered here and there through this part of the country, along and near the ancient routes of the early Spanish settlers, there are still left a few fine old Spanish families with numerous branches maintaining a more or less baronial mode of life, with all the attractions of the liberty and detachment of a frontier country." Mr. Poindexter then passed over the occidental cordillera of the Andes mighty Ucayali, thence "in ease and comfort to Iquitos." Peru is a land for the adventureous American who would emulate his forbears as a pioneer. Its possibilities are simply enormous, and Americans are in favor as settlers. With no other Latin American country are we on more friendly terms and we have done much in co-operation with the Peruvian government to advance the prosperity of the country as a part of the program adverted to by President Coolidge when he said: "We have constantly striven to come to more complete understandings and improve our relations with Latin America. At their request we have undertaken to compose their difficulties." The sending of Poindexter to Peru was an earnest of our policy in that direction. "OUTDOORS" IS OUT The first September number of the cut. It contains many lavisly illustrated articles descriptive of natural beauty spots throughout the country. To the motor tourist seeking an interesting objective it is of special value. The scenic pictures are numerous and beautiful, and the text is of unsal interest. Readers who cannot find "Outdoors" at their local newsstands may secure a copy of the first number by sending ten cents in stamps or coin to "Outdoors," 425 10th Street, N. W. Washington, D. C. The crested fly catcher hunts a snake skin for his nest. Big Pay Jobs OPEN IN Los Angeles The measure of success in railroad dollar earned does not cover the cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, the business cost with a margin over, of the last item 3.02 cents came from sources than rates so that a reduction of less than 6% would have wiped out the entire margin of safe earnings through rates. Even a decline in gross business such as has occurred this year inevitably reduces this balance of 8.79 because not many of the cost items can be cut in proportion. The adjustment between success and failure delicate one in the transportation industry. In welfare of the country, it should not be lightly tainted; either by laws or by the various commission control the main elements of railroad earnings and it is particularly notable in the above statement taxes were more than dividends and only a little. The Santa Fe already has reduced its vital for shippers. It can be furnished. Big Pay Jobs OPEN IN Los Angeles for auto mechanics, electricians, etc., earn $40 to $125 week. Learn auto trades. Short, easy, practical course. We guarantee to qualify you. Earn room and board while learning. FREE 84-page illustrated catalogue explains everything. Write Dept. 145 NATIONAL AUTOMOTIVE SCHOOL 1004 So. Figueroa, Los Angeles. Is Five Cents on the Dollar of Valuation too Much to Earn? If a business worth $10,000 earned $500 net income in a year (or $41 a month), would it be considered an unreasonable profit and proof that its prices were too high? The railroads are in that situation today. The 1923 net return for the whole country was less than 5 per cent. As of December 31, 1919, the Interstate Commerce Commission gave to the railroads a tentative valuation of $18,900,000,000. With actual figures for 1920, 1921, 1922, and with 1923 conservatively estimated as $1,100,000,000, there has been invested in the railways since this tentative valuation a net amount of $2,371,583,000, making the value as of December 31, 1923, $21,271,583,000.. On this amount the Railways in 1923 earned an aggregate net operating income of approximately $997,610,000, or 4.69 per cent. The Government guarantee of earnings expired August 31, 1920. If this guarantee had been continued—as repeatedly but erroneously claimed—the Government would owe the railroads more than a bil- The railroads are in that situation today. The 1923 net return for the whole country was less than 5 per cent. As of December 31, 1919, the Interstate Commerce Commission gave to the railroads a tentative valuation of $18,900,000,000. With actual figures for 1920, 1921, 1922, and with 1923 conservatively estimated as $1,100,000,000, there has been invested in the railways since this tentative valuation a net amount of $2,371,583,000, making the value as of December 31, 1923, $21,271,583,000.. On this amount the Railways in 1923 earned an aggregate net operating income of approximately $997,610,000, or 4.69 per cent. The Government guarantee of earnings expired August 31, 1920. If this guarantee had been continued—as repeatedly but erroneously claimed—the Government would owe the railroads more than a billion dollars. Last year the roads handled a record volume of business but could not earn the fair return of 5% per cent to which the Interstate Commerce Commission, under the Transportation Act, has found they are entitled. If the roads cannot earn 5% per cent in a big year, what will they do in a small year? The Transportation Act provides that if a road in any year earns more than 6 per cent it shall pay one-half of the excess to the Government. The Act is, therefore, a limitation rather than a guarantee. GIVE TRANSPORTATION ACT FAIR TRIAL The Transportation Act should be given a fair test and its merits judged by the results of a normal period of reasonable length. The year 1923 was the first since the war under conditions approaching stabilization. What the railroad situation demands just now is not more law but more confidence. The railroads have emerged from the welter of the war, restored their morale, made enormous investments of new money, and in 1923 handled a peak business with universal satisfaction. The Transportation Act is the only really constructive railroad legislation of a generation. Previous acts were almost solely repressive. In framing the Act the public interest was paramount. The Act directs the Interstate Commerce Commission to "give due consideration to the transportation needs of the country and the necessity of enlarging railway facilities in order to provide the people of the United States with adequate transportation." Give the Act a chance. Don't amend it. If the roads are let alone they should make as good a record for efficiency this year as last. Constructive suggestions are always welcome. C. R. GRAY President. Omaha, Nebraska. April 1, 1924. UNION PACIFIC SYSTEM The Santa Fe dollar was spent in 1923 has more than dividends. Rate reductions more than taxes of success in railroad business is the relation of costs to returns. If the does not cover the cost of earning it, the business fails. If it covers the gain over, the business succeeds. THE SANTA FE DOLLAR IN 1923 WENT AS FOLLOWS: Balance of track, buildings, etc. Balance of locomotives, freight and passenger cars Station and switching, and other transportation agencies Expenses of clerks and other general office employees Salaries, general officers, pensions and death benefits and miscellaneous Station and retirement equipment and ice plants Image and casualties Equipment, joint facilities, etc. Bonds and other interest charges On capital stock Available for expanding facilities 3.02 cents came from sources other than reduction of less than 6% in rates out the entire margin of safety from rates. In gross business such as has occurred reduces this balance of 8.79 cents, of the cost items can be cut down between success and failure is a transportation industry. For the country, it should not be lightly tampered or by the various commissions that elements of railroad earnings and costs are notable in the above statement that than dividends and only a little less already has reduced freight rates many millions. But adequate service users. It can be furnished only when fair rates provide the money needed. W. B. STOREY, President The Atchison, Topeka and Santa Fe Railway System already has reduced freight rates many millions. But adequate service persons. It can be furnished only when fair rates provide the money needed. W. B. STOREY, President The Atchison, Topeka and Santa Fe Railway System WORK leaves it his work of the fill from time and deliver State House via Washington on speak face to where, but all will be suborPresident of toward the to office and in refreshing rur of the DemWilson, with of his party associates, left the seat of the American Government and sojourned in a foreign capital for more than six months, taking with him his Secretary of State. He had hardly returned to the United States than he departed on a nation wide speaking tour in behalf of a foreign policy on which he had set his heart, but which the people later rejected by an overwhelming vote. During those protracted absences the executive department of the government was left to the tender mercles of the President's private secretary, who bore no warrant from the voters and was under no sort of obligation to them. President Coolidge's motto is: "Do the day's work" and that is his guide in his personal and official life. For over a year after he became chief executive he never left Washington for more than a few hours at a time, finally permitting himself only a 10-day relaxation on his Vermont farm. Republicans have pride in their leader's capacity for work and in his high character that keeps him at it. Democrats who were wont to cheer their former party chief for his exploits in other fields now have an opportunity for comparison. When he's ready to go somewhere, a man is more patient with his car that won't start than with his wife who won't start. Atwood Home Tract A Beautiful New Development of Richfield Richfield line S. F. Railroad, two main artery boulevards, cre tracts, gas, lights, water and streets. Adja100,000 graded school, store, shops, garage, etc. transit service, good train service to Los Angeles cities. prices far below real value. Seeing is believing. of our agents to show you this property WAGNER Angeles St. Anaheim C. E. McFADDEN Phone 25 W Placentia