oc-plain-dealer 1923-09-27

EDITORIAL AND FEATURES An Independent Newspaper Issued Every Afternoon Except Sunday Paul V. Hester Editor and Publisher DAILY. GREETINGS TO OUR READERS —To feel a conviction of immorality, we must live for it. Let any one firmly believe that the soul is permanent, and live from that belief, and soon existence will seem permanent too. —THOMAS STARR KING. Disarmament Plan is Formulating Extension and amplification of the Arms Conference compacts is contemplated by the United States government, provided that other great powers take favorably to the plan and subscribe to it. This is a continuation of the plans of the late President Harding. Use of submarines and of airships in war is a lively subject for discussion and negotiation among the great powers. There are additional problems concerning the Pacific, too, which it is pertinent to consider. A second Arms Conference of the great powers would be impressive. It may not come for some time. News dispatches indicate that Great Britain and France at this time are reluctant to enter a conference of this kind. They have projects and problems about which they are fearful lest they become controversial should a new compact be formed. But time and discussion and friendly informal representations among the governments concerned may dissipate these fears. There is good reason to hope and to believe that another Arms Conference may be held elong with fruitful results. The American people are playing the game of politics much more intelligently than they did formerly. They are keeping informed. And in this process of informing themselves they find the newspapers are invaluable. Literature, Art Suffer from Big Fire Berkeley's material losses from its great conflagration will The American people are playing the game of politics much more intelligently than they did formerly. They are keeping informed. And in this process of informing themselves they find the newspapers invaluable. Literature, Art Suffer from Big Fire Berkeley's material losses from its great conflagration will run into the millions. But there are other losses sustained there upon which monetary values cannot be set. Berkeley has been and is a center of scholarship and culture. Many homes of educators and others, contained splendid libraries and rare collections of art objects. Many of these collections are in ashes. This loss is utter and will be felt keenly. One of the most previous losses fell to Benjamin Ide Wheeler president emeritus of the University of California. His home was burned. He lost about 2500 rare volumes of his private library. He also lost all manuscripts of his life work in philosophical research. This in itself is a staggering loss. Dr. Wheeler sorrowfully remarked that he could not take up and reconstruct this great literary work, because of his advanced age. That a thorough inquiry into the Honda Bay naval disaster is being made and that the proceedings are public, meet with public approval. If there was flagrant blundering there, a court-martial should fix the blame. Europe is Buying Very Largely Here The bulk of American exports go to Europe. For the first six months of this year, 50 per cent of all exports from America went to Europe. Heretofore the percentage has been 55. The decrease is laid to the fact that certain areas of Europe have not normal buying power because of disturbed economic conditions. Exports to Europe during the first six months of 1923 amounted to $950,000,000. This indicates an annual export trade with Europe alone of about $2,000,000,000—a huge volume indeed. With the settlement of demoralized political and economic conditions in Europe—which settlement should come with dramatic swiftness, as Europe cannot drift along as it has been—the volume of trade of this country with Europe should increase greatly. In the old days, the died of a broken heart man in the case dies en promise. The poor Cuban pays which group of bankers he should be lo If there is no other world and worthless land we might try wishing the Indians. If his car has two o Manhattan SHIRTS A Worthy Product-- MANHATTAN SHIRTS are the worthy product of the finest shirt making organization in the world. A large variety of Madras, Silk Stripes and Silks to Choose From. F.A.YUNGBLUTI: Home of Hart Schaffner and Marx Clothes "BY ALL MEANS GET A FIT" 145 West Center St. Anaheim, Calif. THE ORANGE COUNTY Plain Dealer THURSDAY Subscription Rate— Entered at the Post EUROPA: "I Wish It Would Bust and Have It Over With; This Suspense Is Ruining Me!" GERMAN INFLATED CURRENCY EUROPEAN INDUSTRIES TRADE CHICKEN Let it be ing. The rea knowledge of than that of business. But turn will gr credit. The is the time o he will be b ference to hi terest he pay He borr credit by lar state of the e of popular r be possible in of the most t of depreciation for t he pack profit on the It is pos It is possible will so scare and charge n bawls all over deflation, $3 all the farm ages the farr statement l throws a su every farmer Observe farmers is th know Wall But he cont says that "w In the next and other w he goes to him. "You where there Frankly that has da congress to PARAGRAPHS By ROBERT QUILLEN There is very little coal coming out of the Ruhr now, and not a great deal of truth. The reason there is no color line in France is because the Tri-color needs all colors. The beginning of every great nation's decay has been a discussion of the servant problem. The modern girl seldom chases a man. For that matter, molasses seldom chases flies. You can't expect everlasting peace in a world where the second man envied the third. It may be a sense of justice that urges arbitration, but usually it is a sense of weakness. In the old days, the jilted girl died of a broken heart, now the man in the case dies of a broken promise. The poor Cuban patriot never knows which group of American bankers he should be loyal to. If there is no other way to make arid and worthless lands valuable, we might try wishing them on the Indians. If his car has two or more cy- ABE MARTIN Well, well informed folks are allus on th' unpopular side o' any question. Dabblin' in politics 'il put th' farmer on th' hummer fer quicker'n 85-cent wheat. DINNER STORIES Mr. Millerton, who is a great deal of a hypochondriac and enjoys looking forward "to the end," was in an especially depressed mood one evening when he gave some thought to the question of A LITTLE TALK ON THRIFT By S. W. STRAUS, President American Society for Thrift. Out of 100 average white male adults, nine leave estates which will produce $50 a month or more at 6 per cent net; 27 leave estates which will produce an average of $20 a month at 6 per cent, net; and 64 leave little or nothing. These figures were obtained as the result of a survey made by Mr. Joseph J. Devney, economist and author of "Devney's Economic Table," among 20,000 adults thru out the United States. Assistance was given the compiler by $1,000 bankers and life insurance men. The reports showed the ages of the deceased, occupation, net estate and life insurance. More than one year was taken up in Mr. Devney's investigation so he states, and the final results of his intensely interesting studies have but recently been made public. Similar investigations have been made in this country from time to time and all have resulted in about the same general indications. Statistics, of course, have varied at different periods and in different parts of the country, but they have never varied on the one outstanding point that the closing years of the lives of many of our citizens has found them more or less dependent on others for financial succor. These facts would serve the purpose of a timely warning to In the old days, the jilted girl died of a broken heart, now the man in the case dies of a broken promise. The poor Cuban patriot never knows which group of American bankers he should be loyal to. If there is no other way to make arid and worthless lands valuable, we might try wishing them on the Indians. If his car has two or more cylinders than yours, and you call him a Big Stiff, that is class consciousness. The Nations are so worn that they haven't the energy to do more than be horrified by one another. Wilhelm says he doesn't see why his movements should attract attention, and that seems to make it unanimous. When a man begins to explain away his former fool statements, you may assume that he will be a candidate. If beauty isn't furnished as factory equipment, she can buy accessories; but she can't change the chassis. The man who talks most about the altar of patriotism has decided which stocks to buy in case of another war. There is a ring of sincerity in Italy's assurance that she asks only fair play, but Corfu does not ring tonight. It's a said world, and every style that reveals woman's charms reveals in other instances the lack of them. It must be humiliating to DeValera to discover that the government doesn't consider him important enough to hang. Correct this sentence: "Darn 'em" exclaimed the man "if they force me to use soft coal, I'll never burn anthracite again." DINNER STORIES Mr. Millerton, who is a great deal of a hypochondriac and enjoys looking forward "to the end," was in an especially depressed mood one evening when he gave some thought to the question of a second marriage for his wife, says Everybody's. "Harriet, my dear," he said, gloomily "when I am gone from this vale of tears, you must marry again. It is my dearest wish." "William," observed his wife, with a faint smile, "no one will marry an old woman like me. You ought to have died fifteen years ago for that." Abe Cohen went every night to the pool room of Kelly and O'Brien to play for ten cents a point, says Drexerd, Drexel U. paper. One evening Mrs. Cohen was awakened by a loud and persistent knocking on her front door. She stuck her head out of the window and called "Who is it? Vat you want?" "Does Mrs. Cohen live here?" asked a man on the step. "I'm Mrs. Cohen," she replied. "Well, I'm Mr. Kelly from the pool room up the street. Your husband shoots pool there every evening." "Vell, I know dat." "He was shooting tonight and lost $1500." "Ach, mein Gott! Mein husband lose 1,500 shooting pool He should drop dead." "That's what he did, madam Good night." When the thirty-five ticket sellers of Luna Park, Coney Island, went to their dressing rooms one night recently, they found Tillie, the elephant, had made a meal of all their straw hats. Tillie has been reading the breakfast food ads. THURSDAY, SEPTEMBER 27TH, 1923. Subscription Rate—In No. Orange co., per Yr. $3; 6 Months, $1.75. Entered at the Postoffice at Anaheim, Calif., as 2nd class matter. COMMENTS OF THE PRESS EDITORS ARE SAYING CHICKENS COME HOME TO ROOST—Wall Street Journal Let it be conceded that Wall Street knows nothing about farming. The really intelligent farmer may not believe it. Wall Street's knowledge of farming must necessarily be greater and more exact than that of all the farmers put together, in order to carry on its business. But let us concede that this is not so. The farmer, in return will grant that Wall Street at least knows something about credit. The farmer ought to know something about credit and this is the time of year when he should be instructed. For some weeks he will be borrowing money at the bank, and it makes a vital difference to him how much he gets on his note and what rate of interest he pays. He borrows from small bankers, who in turn are extended credit by larger bankers, together with advice and information on the state of the credit market. But these small bankers are at the mercy of popular rumor precisely as Wall Street is, on occasion. It would be possible in Wall Street to damage, and ultimately ruin, the credit of the most solvent corporation. A dexteriously conducted campaign of depreciation and false inference might easily make it impossible for t he packers to carry on business, in view of the small margin of profit on their immense turnover. It is possible to damage the farmer's business in the same way. It is possible to spread rumors about his financial condition which will so scare the small banker that he will lend the farmer less money and charge more for lending it. When, therefore, Senator Brookhart bawls all over the country that the farmer is broke, that he lost by deflation, $32,000,000,000, or more than half of the total value of all the farms in the United States and everything on them; he damages the farmer's credit everywhere. It makes no difference that his statement is not only exaggerated, but flatly untrue. Brookhart throws a successful scare into the small banker and the credit of every farmer in the United States is injured. Observe how one of t he commonest expressions current among farmers is turned to their disadvantage. The individual farmer may know Wall Street men whose standards of honor are the highest. But he continues to listen to vituperation of Wall Street and finally says that "where there is so much smoke there must be some flame." In the next few weeks, thanks to Senator Brookhart, Senator Capper and other vociferous friends of the farmer, the banker to whom he goes to discount his note will inevitably say the same thing to him. "You farmers may not all be broke, as Brookhart says, but where there is so much smoke there must be some flame." Frankly, how will the farmer like that? It is not Wall Street that has damaged his credit. It is the very men he has returned to congress to smash the credit of Wall Street who have done him Observe how one of the commonest expressions current among farmers is turned to their disadvantage. The individual farmer may know Wall Street men whose standards of honor are the highest. But he continues to listen to vituperation of Wall Street and finally says that "where there is so much smoke there must be some flame." In the next few weeks, thanks to Senator Brookbart, Senator Capper and other vociferous friends of the farmer, the banker to whom he goes to discount his note will inevitably say the same thing to him. "You farmers may not all be broke, as Brookbart says, but where there is so much smoke there must be some flame." Frankly, how will the farmer like that? It is not Wall Street that has damaged his credit. It is the very men he has returned to congress, to smash the credit of Wall Street, who have done him this ill turn. When the banker will only advance him 30 per cent on his collateral instead of 50 per cent, charging the highest rates the law allows and making the most onerous terms for repayment, the farmer will know that he is dealing in a credit market demoralized by his own representatives, from Minnesota and elsewhere. ON THE SPUR OF THE MOMENT THE HOUSE ON THE HILLS "Over the hills to the poorhouse" was always good for a sob, The story of sin And falling for gin And losing the family job. In the day of the Eighties and Nineties this epic brought many a weep. The House on the Hills Where the State pays the bills And the slumbering conscience sleeps deep. "Over the hills to the roadhouse" is the way they sing it today, With a flask on the hip And a song on the lip And only the bootieggers to pay and Nineteen to Nineteen Twenty and Three, The House on the Hills With its illicit stills Has been plenty sufficient for me. One scientist says "love is a solvent." If that is true, then marriage must be an insolvent. MORE DISCOVERIES Dear Roy—How's this? The night clerk on duty at the Lafayette Hotel, Portland, Me., was Mr. Sleeper. Also a sign on road just outside of Portland read, "We make and sell our own kisses." E.S.M. Some automobiles are hard to ride in. The fellows who own them never give you an invitation. Meet Me! WHERE? AT FLENTGE DRUG CO. WHY? —Keenest Drug Store in Orange County. Quality and Prompt Service When Thirsty Our Soda Fountain Can't Be Beat WHY? —Keenest Drug Store in Orange County. Quality and Prompt Service When Thirsty Our Soda Fountain Can't Be Beat Flentge Drug Store We Deliver LADIES REST ROOM 237 E. Center St. Anaheim Official Headlight Adjusting Station No. 169 State of California Division of Motor Vehicles Opening Evenings until 9 pm. Anaheim Ignition Depot Established 1912 218 S. Los Angeles St. Anaheim A. Bevillard, Prop.