Bemidji Daily Pioneer Newspaper, September 26, 1922, Page 4

’BEMIDJI DAILY PIONEER rudusum PAILY EXCEPT SUNDAY BY THE BEMIDJI PIONEER rulu;muc COMP. }_.,.—-————-—-————-——— Kmfl PIONEER-Twel rn-. published wry y snd um puuu pd any udnfi Unless' credit ll ‘lnn this p‘m. only the United 1s_entitled for. re-publicatiop ef all ‘h_ -d ta it, or otherwise credited, lllomloedun published herein. " 'OWNERSHIP IS NOT TEMPTING'TO- ‘WORKERS - The plea of the working men that they be permltted to own a.share in the busi- ness is one that has long since been granted by’ most ‘large corporations, in fact by all corporations whose stocks are sold in the open market. Some .of -the large corporat tions offer ‘special inducements to encour- age their workmen-to take shares in.the business, setting aside a certain number of shares to be sold to workmen “at a price lower than quoted in the'open market. - “The fact is that many of the shares of large ‘corporations‘are not a very tempting ‘investment, particularly railroads, For ex- aniplé, a reference to the daily ‘stock mark- et reporta will show- the following ' roads are paying no dividends whatever: New -*York, New Haven and Hartford; Chicago -&-Alton; Chicago, Milwaukee & St. Paul; Erie; Gulf, Mobile & Northern; Missouri, Knnus and -Texas; Missouri Paclfic Pe-- oria & Eastern; St. Louis & San: Franc:sco- St. Louis’ Southwestern Seaboard Air Line ‘Southern Railway; Texas & Paciti 3 'Wa-": buh, Westem Maryland; Western Pw . ic. : stoek and only 4 per cent on ‘preferred’; the “Pennsylvania .pays only 4 per : cent ~but hopes to pay 6.per cent soon. Illinois Cen- tral pays 7 per cent, Southern Pacific 6 per.ceint, Northern Pacific 5 per cent; Nor-~. folk and ‘Western 7 per cent, Great- North- % e preferred 7 ver cent, Cheseapeake & .Ohio 4 per cent; Union Pacific 10 per.cent; and the Chlcago & Northwestern 5 - per “cent. It is evident from this list that where gl)ere i8-a good location and good manage- ‘mént, the roads'pay a fair to good rate of dividend, but probably half of the mile- the-country is paying no dmdends ery-or less‘than could-be secured by at any savings bank. 'Jepom i'nt erefore, men. contemplated 'invest- - the'stocks of the'roads-on which they wvdrk, there would-be, on the average, not || much encouragement. If they had ‘invested several years ago, it is quite likely that in the depressing period of Government op- eration, and immediately after, the " men would: have lost confidence in the stocks in:view-of the low , market vnlue, and would have sold out. It is highly desirable that workmen own’ an interest in the concern, but there i is‘no way of ‘compelling them to acquire an'in- ‘terest or to keep that interest if acqmred elther by gift ‘oF purchase § ... THE "AUTO GAME" How wou]d you like to take a whu-L in ;busineSs for yourself, selling autos? Like -most-other things, it looks better from tbe ‘|- past. Even the wildest :..Those m some of the well known roqu ‘that do.a lot of business but are paying no ‘dividenids on their stocks; According to the - ‘séme:source of information, the Baltimore | &Ohio ‘pays no " dividends * on ‘common - outside, Thirty-one thousand auto dealers went-out of business with a loss of $2383,- 000,000 last year, according to Leroy W. Campbell,y New York Banker, addressing a_convention of.used car dealers. Most.of these failures says, says Campbell were due . “lack of careful figuring awhen . allowing, for old cars, lack of storage in tradmg nd lack. of selling ablhgr e t ti A tremendousiand fa’fi:iifififi.hl&inflr 3 . auto/gamé.: It now ranks fifth or sixth ‘all ‘Anjerican induftries’ Th AtFask output of motorcars was about:265,008:: -against 180,785 cars in /August last year. Rather a:startling - figure - showing how rapid has been the recuperation from: hard ' times. - Germany, by .the way, is exporting less than 1000 motor cars a month. We’re doing ‘nine times as well. American output of passenger autos and trucks, so far in 1922, has been at,the rate of 2,400,000 a year. In.rongh figures, that’s as many autos as exist in ‘all countries of the world combined outside the United States. Less than 20 years ago the auto-was such a novelty that everyone turne and stared when a “horseless.carriage” rattled jonaries - never dreamed that autos would be ‘as numerbus as:they are now. One of the greatest thrills of living in America is the-element of: sur- prise, the rapid and co nt change:: It “i8 not at all improbable that 20 years from " ‘now, people will be ysing ‘as. many 4 > planes as there are autos today HOW TO REWARD THE BOYS? The editor of the St. -Cloud - Journal Press states that he told Congress months ago how t oreward the boys and not bank- rupt the country while doing it,.but that congress paid no attention to.-him; - Now he takes a rap at congress for pass- ing the bonus bill and tells why. “President Harding used 2500 words in telling congress that he vetoed the bon- us blil because’it-had not provided . any .means of meeting the $4,000,000,000.neces- sary to pay thebonus, and that neither the treasury nor the taxpayer could stand any such :burden at this time. He might have used less words, but perhaps congress had the ‘infliction. ‘coming. He -has repeatedly stated that he would yéto the ‘bill ‘unless congress found a way-to pay the service men. The passing of the bill was. largely a political bluff. The: members knew: the . president would veto it, and they reasomad they would’ have the credit of voting for it and thus proving their friendshipto the service men. The Jorunal-Press told.Con-, gress months ago how to reward the boys and not bankrupt the country while doing - it bilit with its usual stupidity it ‘went off on its own trail to a fall, The president, in spite of the attempt of congress to make him the ‘goat, will receive more credit for courage “and’ sincerity than will congtess even from the service men.” X Never mind brother Eastman, sooner or later some of these congressmen wlil learn " to sit up and take notice when one of Min- nsota’s best informed editors speaks, - ' If Knutson wasn’t such a good congressman the people would-send Eastman down to Washington, where congressmen would be compelled to listen, / §———8 JOBS FQR EVERYBODY The unemployment :problem is with us no more. A year ago it was estimated there swere 5,500,000 men looking for jobs. They have not all found work, but those who are ,willing to work’and have mot found the op- portunity are not in excess-of -our ncrmal idle population. This result‘has been’achiev ed in spite of the score$ ‘of 'strikes engine-. ered by designing labor’bossds. The coal mines, the railroads,. the: textile mills, the ‘shoe factories, and many: other industries ftave been hard hit by the conspiracies.of pro'essxonal and unscrupulous agitators, but thoy have not only weathered the storm - - ~hut have actually given employment to the aggregate to upwards of 3,000,000 more individuals than were working at this time last ‘year. ; mnvtrl ,l!'mu !OI DIS- CRARGE 5 midji . Pioneer, In ‘the District Court of the United States for the District of Minfesota. In Bankruptcy.-No... 1912 In"the matter of Tunera.l T. L. Dar- sie, nkrupt. Tof the uonofim&‘!‘nzq MoFris, Fldge | be granted. g{‘: e !rletrll:( Crt’lul‘l of the United or the Diskrios innesot ‘Tufterai T. L. !gfi" Filiams «'r? the tounty 3 Minnesot&™In- safa: 1y 1 -1‘ !%L e -16th day ‘8t Deé & m “dur b mnt d :]" 58 m 3uy- Compired temehu: of sald Acts brdm; of ‘the. caurt ‘touch<|: lcrup ey. He prays’ that ‘he may be by the court to' have “a full from: all .. debts ' provable his estate under-Said’ Bankrupt Acts, except euch debts as are except- " by h&“! é“ such «discharge. “of Snptamhtr. ‘Order of Wotice Thereo: ‘Btates District court, msulct mg;, /slxlh “Division, :38; 4 day- of September, A.D. the foregninz peti- the \eourt that a hearing. the um on: the 14th dnx 1922 before eaid 5 NXA in_ said: District ‘forenoon and that notice thereof be published in the Be- newspaper cd In said -distwiet, and that all known oreditors and other persons In interest may appedf jit the satne time and place and show cauge: if any they have, why the prayer of -u.w paluoner should not nd t-is’ tunha- ord: that the Clerk shall sen§: Wn creditors copies ot sald petitiof| this order addressed lhq]r places of residence as'\. stated. gn,ns the! Hor gelof. said icourt, and the ‘alls;“Tni*aaid DY Septe - LEARN BARBMNG Nu- s the time, . Summer rates in effect. Enroll now and save 823 Twin City Barber College, 'm—liuupin An., Minn. ' > print- by. the court: mail“to al “to “them at] ble Page Morris,{ e Mo} triet, on, . 1922, Pmnuwx‘ov: against ruseand wear if: NS R g‘bv de-kn on sample ataves and for cable > N rdwar dealers. l-kmfl i o e el Bh..‘k Silkk Stove Polish Works Steelin 2 $25.00 Wool rugs and Fibre rugfi 9 X s . green and brown_pattern. X @an go.u_f» _f)g_pfys lwnl}‘ [lw&&sfi erg,at 4 nm £ IF YOU APPREC]ATE AND KNOW THE VALUE OF ‘DOLLARS COME EARLY STOCK. IS GOING FAST Super economies will greet you everywhere throughout the store. P & * ARetail Sale at Less Than Wholesale Prlces. QUITTING BUSINESS- CHIFFORETTES Tllm prices . will move .them out in a hurry. 75.00 Queer “Annie Period, -American Walnut Chifforette, stands.48 inches high and 34 x 20 inch case. Has three sliding drawers in compart- ment and 2 deep drawers at bottom $57'95 m Closing out price .. $80.00 Queen..Anne Period, American walnut Chifforette, same construction as the above, but 53 inches high and a' 36 x 22 case. $ 95 The Closing out price $65.000 Birdseye Maple chifforette Tudor de- sign, _interfor -all finished in Maple and dust| . proof. Height of case is 48 inches and 34 x 24 top, 2-drawerd aftop,-one’ at bottom and 3 slid- Ing drawers intcenter compartment. ¢ A),QF ‘The_ Closing out price $75.00 High grade Ivory chifforette Tudir de- sign, 52 inches-high, 34 x 20 top, has 2 long déep Bottom drawers. . & sliding dréwer in compart; ”Rocm-:ks leather and ~ tapes- overstuffed, try, ml:mnyJ “ and fibre. frame, $50.00 \Ving bfick genuine lealher overstuffed e “§3495 - overstuffeds Tapestry side, = loose _ cush- $59-95 sy chair rich high grade velour ack and loose cushion. it price $95.007 nghzlt grade rocker, high-. bnfl( wing fons 75.00° Royal overstuff wing The "500 lo‘l!dvon Mldslun design . rockers. GQn- uine_ leather unholslered seat and back rest wide' orm!. 23 95 | M"fllfi ptk‘ ........... P "ARUG SALE That offers unusual’ hard: earned dollars. $135.00 Imperial-Kabistan ‘Beautiful - Persian designs, edge. ‘The Closing Out Price . ' $100.00 Teprac woll wilton rugs, 9 x 12 size Cx;::.ssg;: designs. 57 7 95 Out Price $56.4 00 Axminister-rugs $ x 12 size high close | ove! frilo. 9 95 Closing Ont Price .... 10-8 $50.00 Axminister rufi! 83 x sizes. 2 e mflll' Out Price + ‘with fringed $15.00 Bozar Ths Glosing $15.00 Deltox. fbre. Tugs '6 of .ury description | solid ‘oak, massive | . ered ‘Rugs, /9 x 12 size, |~ . $9795| “~DRESSERS French mirror, 3 drawer; The Closing Out Pric as wall as the pnrl- Wnl_aut, lvory» Birds Eye Mupled|l | Salid Oak;in fumed | .| i ‘or golden Finish. $25.00° Golden oak firish dressers 19 x'12, F 1595 $35.00 Solid quarter sawed oak dressers, wax golden., fumed or cadet gray drawer . construction.- The Closing Out Price finish, 3 _and 4 2195 $7500 Colonial design gray gum woaa dresser, Massive build, has a.plank top of 42 x:21 inches. Large 29 x 24 French pla!e mi The Closing Out Price $85.00 Genuine American walirut dresser. 40 X ['plank top. 6 drawer construction; ¢ large 20 inch case, with a French plate mirror-measur- ing 26 x 27 ‘inches with poster. ends. The Closing Out Prlu 40 x 20-inch top and French plate mirror meas- uring 26 x 22 inches '$109.09 Day-Nit beds Walnut and Mahomy- frames and ends with cane panels pulls out to || full sized bed at night."The pad is Tayer felt and |’ covered with high grade velour on’one side. Has atch $G3 00 i‘extra round cushion. pillow. The Closing Out price . - $3995 : DAY;'NW'E BEDS" $25.00 pull out style"Sanitary couch,.has fab- ric sagless spring fitted with full size pad nad covered with high grade cretonne that is:draved and flannced all around. The Out price’ - $1695 $22.50 Day Bed .has reclining head rest, grey enamel frame and sagdess springs. Crefohfe cov- mattress that is arollnd ‘The Closing.Out price .. aeen flannced all 1395 $85.00 Day’Bed with enameled efids, has" coll| spring and- pad covered with good Cretonne drap- ed and fl The ml' price . SALE’ gs well as getting big Paz —,B_,c;x‘nidji $2P95 pvecknbin e se Sensatlonal Grabk nee Wednesday, Sépt. 27at4p.m.}- ned-and to be sohlhl‘im}_aqr ’inm-cunmn aelc tedifiorel Froms altfover Fthe store and each, box 1 e_guarantee on't last nions “articles { CHIFFONIERS That please the eye; .. again.. at prices. walnut niers with 13 struc tion, £ 2 small $50.005Hd 'oak _chitfonier. golden 20 x 12 mirror back. 32 x 17 inch case ers construction, 4 large and 3: smal finished interiors. The Closing Out price ........ e 70.00 ‘Colontal design gray gum w [ You won’t find them such s furniture we're ing not inferior grades $50.00 Colonial design finish_ Chiffo- i i | . 51 low quality x 20 inch French jplate mirror back . The case is 32 x 20 in- ches has 6 drawer con- large and oak finish of 7 drew= 1. All oak 3995 ood chif- fonier, 19 x 12, mirror back, a 33' x 20 case Wwith 2, small % $59 95 The l{mm out price ....... o ! $75.00. Chiffonier genuine Amjerican $55.00 Colonial Design Wwalnut finish . dressers: Colqnia! design, 15 x 19, French pdate mirfor back case with. plank top, 6 s amwer construc- ‘ chairs slip:séats fumed or golden finish, 1 three-slat ‘back- construetion. * The Glosing OU Price ........... . $10.50 High grade solid quarter ‘chairs. Genuirie Ieather slip seats. Fumed or gold- en'oak finish. Panel backs. The Closing Out price -is12:00 ‘Wigh grade solid oak dining chairs. Queen Anne design, high backs and’ genuine leather slip pure seats, box construction “The .Closing Out Price ... ¥ 5 A Wide Price Range. $12,00- Mattresses 100 per cent cotton-filled, 45 lbs, rolled edge, 2 row fancy art ticking -Closing Out Price "\ BEDSPRINGS $11.75 G e Wae Sasless, sprxngs en ‘wire, high *{se, 7z _ Closing al; $17.50 Kinny Rome De e decker, gray baied enamel finish. They are ontstanding val ues in this giant .sale. 39 00"Salid oak dining chairs genuine . . MATTRESSES nad ‘walnut, . $5795 $8.50 Solid Oak Dining genuine Box seats. }umed finish. leather leather panel and $595 - §685 $795 white stitch nad $735 nzsu ‘AshX Mattressés-45 1bs. Filted- cotton, . ~edge 2 row stitch, and high 4 grade art $995 cabl %ofl sprlngs. Dou- $1395 ,“""‘“‘:::."J°_“‘-“I Huffman & O?L&PY sloe j“Everything For The Home” : ‘Minnesota Oak frames. values,. 98¢ MIRRORS 22 x 15 + R ————— T —————— e —————