The Bismarck Tribune Newspaper, October 22, 1919, Page 4

_ -THE BISMARCK TRIBUNE _____Class_Matter, GEORGE D, MANN, s___s- - 5 Editor PNAC Foreign Representatives G. LOGAN PAYNE COMPANY, CHICAGO, - - - - © - DETROIT, Marquette Bldg. - - - Kresge Bldg. PAYNE, BURNS AND SMITH NEW YORK, : - : Fifth Ave, Bldg. MEMBER OF ASSOCIATED PRESS The Associated Press is exclusively entitled ‘to the use for publication of all news credited to it or not otherwise credited in this paper and also the local news published herein. All rights of publication of special dispatches herein are also reserved. MEMBER AUDIT BUREAU OF CIRCULATION SUBSCRIPTION RATES PAYABLE IN ADVANCE Daily by carrier, per year cigasreieteide POO. Daily by mail, per year (In Bismarck) Daily by mail, per year (In state outside Bismarck) Daily by mail, outside of North Dakota...........- THE STATE’S OLDEST NEWSPAPER (Established 1873) 5.00 6.00 THE TOWNLEY MEETING The Townley meeting in Fargo yesterday was well managed, well press-agented, and, from a league standpoint, successful. The Townley or- gans today claim that the hard-working farmers of North Dakota and Minnesota threw into the Townley pot more than enough to make up the shortage in the Scandinavian-American bank which Townley’s financiering is alleged to have caused. Townley and his friends will claim a great victory, and perhaps, for the moment, this claim may be justified. But the Fargo mass meeting and the saving of the Scandinavian-American bank are no guar- anty that Townley will not continue to do just as he has done in the past.. The Scandinavian- American bank may be saved, but the league fi- nances are in as bad a way as they were before the Fargo meeting,, That means they are very bad. . North Dakota is Townley’s principal, in fact his only importa eden oir of gold. Will the enthusiasm ‘which from 4,000 to 10,000 farmers, according to varying reports, displayed at Fargo yesterday, run just as high when the next call is made upon their resources, and do these 4,000 or 10,000 farmers represent any large proportion of their 80,000 brethren in the state at large? Mr. Townley made his supreme effort at Fargo yesterday, and he won, for the time being. But if Mr. Townley continues as he has begun, his ulti- mate doom is just as certain as it is that the sun will rise tomorrow. Perhaps Mr. Townley will have learned a lesson by which he will profit, but he hag not in the past displayed’ any ability to profit by his mistakes. 4 BOILING ’EM IN OIL Out of the heat of the strife and turmoil into which Townleyism has plunged North Dakota have come, we are proud to say for the sanity of our ‘great state, no real instances and very few threats of violence. Of the latter two have ap- peared within the last week. One was a cleverly worded editorial in the North Dakota Nonpartisan Leader which, while deploring the fact that two farmers had written in suggesting the hanging of certain state officials, adroitly conveyed the im- pression that farmers in general would be justi- fied in making such a demand. The second came from the ordinarily intelligent pen of Percy Trub- shaw of the Valley City Times-Record, who sug- gested in an editorial which The Tribune reprint- ed yesterday that should there be any attempt to remove Hall, Kositzky and Langer, that attempt would be opposed by force. The Tribune has even less sympathy for the Valley City Times-Record than for the North Dakota Leader. The Times-Record has always represented a law-abiding element. Agitation has from the first been the,one excuse for the exis- tence in this staté$f Such’ an organ as the North Dakota Leader: ©! HO ; Fortunately, neither suggestion will receive any seriots thought, but in editorializing it would be well for us to remember that these be most critical times in our state and nation; that the country is in a foment, and that a very little rock- ing of the ship of state may result in disaster. Governor <Frazier’s special train may. carry placards offering to “boil in oil” members of his administration whom the governor does not like, but when a sober and substantial newspaper be- gins talking about the use of violence as a means of settling our political differences it is time to pause and get a firmer grip on our impulses. BLUE SKY AND SKY HIGH Too much “Blue Sky” is responsible for a very large part of the “sky high” prices we are having to pay today for the privilege of living, in the opinion of Chairman W. B. Colver of the federal trade commission. ‘ So-called “legitimate” business, Colver finds, is extending itself along lines so saturated with ozone that it is almost impossible to distinguish between them and purely; wild-cat, speculative}; financing. Stimulated by high prices and pros- _pective high profits, many concerns are issuing ‘securities to cover extensions and developments on terms whereby the stockholders are virtually as certain’'to lose, should prices ever again return anywhere near the old normal, as if they sunk their savings in a “duster” in some mid-western oil field. If the stockholders do not-lose, the pub- BISMARCK DAILY-TRIBUNE going business concern, needing money, got it on these terms: . “Tt issued its securities, which were taken by the underwriters at 30, The underwriters passed them on to a syndicate of sub-underwriters at 53 —a profit of 76 per cent. The sub-underwriters passed them on to brokers at 82—a profit of 54 per cent. And the brokers passed them on to the public, to you and me and the man on the street at pary—a profit to the broker of 22 per cent. “When the investor, eschewing anything that appeared like Blue Sky securities, read the pros- pectus of a going concern in legitimate need of funds for expansion, and chose those securities, he did not know that out of his $100 only $30 would reach the concern in which he thought he was investing’ and that $70 of/his hundred would never become productive invested capital, “Transactions like that are not, going to lower the cost of living.” : MEAT AS USUAL Cattle, sheep and swine in nine European coun- tries have decreased, according to statistics just published by the U. S. department of agriculture, “put have increased in other countries, including the United States, so that the present situation with respect to numbers is very much the same as before the war.” That means there are as many meat-producing animals in the world today as there were when the war began. Prices, however} do not indicate this. What prices do indicate is that producers, packers, retailers have lost sight of the “law of, supply and demand.” A REAL HERO Our idea of a 1919 peace-time hero is Rudolph Brenck of New Britain, Conn., who doubled his family of eight children by marrying Mrs. Annie Newfield, mother of another eight children. Thus starting their new matrimonial venture with 16 children in the family. In these days of high living costs the under- taking of feeding, clothing, educating eight chil- dren is a man’s sized job. Doubling the task is an achievement worthy of the-superman. Also, while we are distributing medals to Mr. Brenck let us hand a few to the new Mrs. Brenck, who will sew, mend, darn, and do a thousand and one things for 16 instead of eight. Surely peace has her heroes—and heroines! “Everything has been said that can be said on every vital subject,” declares Colonel House. Tell it to the senate. America can best help the backward peoples of the earth by keeping herself free of their quaint theories and fatal ’isms. Very few people are consistent. The over- nice who say perspire instead of sweat do not hesitate to say sweater. The reason the Japanese can’t understand our policy in Siberia is because they can’t see where we expect to get our profit. We know that the Letts, Slavs, British, Ba- varians and others are mixed in a general scrap up about the Baltic, but we don’t know which side is trying to make the world safe for democ- racy. WITH THE EDITORS he THE IMPOSSIBLE MR. LODGE Said McCumber of North Dakota to Lodge of Massachusetts, apropos of the Shantung provision of the Versailles treaty, “What are you going to do about it?” And all that Lodge could answer was what he might like to do, but not what was possible to be done. % The trouble with Senator Lodge is that he is sitting in the senate dealing with a treaty that is practically in effect, not sitting in the peace con- ference at Versailles drafting the terms of the treaty. : This newspaper likes the Shantung provision as little as does Mr. Lodge and has told why in most emphatic terms. But as far as it has gone the mischief has been done. Japan has possession of Shantung and had when the provision was in- serted in the treaty confirming the transfer of the German concession. If the Lodge rane would undo the wrong, restore her possessions to China and prevent what every sense of justice re- sents as a manifest outrage, then Lodge would be justified in his course. But, it will not and he knows it will not. The treaty has been ratified by enough of the principal powers to make it effective and Japan is in possession. As McGumber says the only logical outcome of the Lodge proposition is a declaration of war against Japan ‘and that is nonsense. ,Lodge knows. that, also. The constructive course would be to ratify, the treaty with the expression of our disapproval of the Shantung provision and then leave to the jus- tice of the world through the league of nations the right settlement of the vexed.subject of Japan’s relations with China. The destructive course is that championed by Lodge, which is tantamount to a rejection of the treaty, to a prolongation of. lic is bound to, for it will be required to pay a return on millions that never represented produc- “tive capital, and thus help prop up the whole struc- ture of inflated prices. es ee “Just the other day in New York,” Colver cites in. substantiation of his.claim, “a substantial, Bel Salle = ee, epee’ us get ” renal the impatient unrest of the world and to the plac- ing of the United States in the unenviable position of standing out against the world as a fractious and disturbing element... Why not make the best, not the worst, of the situation plainly before us? wa he —The St, Paul Dispatch. |* + v SantGRHED i 1 Impossible to Obtain Living Quarters Unless Bought Out- right, Is Situation in Capital! City With Many Families Liy- ing in Hotels and Furnished Rooms. It:is so impossible to.rent houses in Bismarck that people desiring a roof over their heads must buy houses whether they want to or not. This briefly is the situation facing Bismarck today and practically every real estate dealer in the capitol city agrees that this);is *his. experience in trying to rent houses for their cus- tomers. ' People are coming from all-over the state and northwest to locate. per- manently in Bismarck, and, although they have good: positions here andj can pay ‘almost any reasonable rents! for good houses, the demand for homes is so great that it can almost be said no houses are for rent, and the man with a family who must locate here is forced to;buy a home to secure shelter for himself,and family. There is still another phase to the renting problem in the city. Those who are already-in houses and have rented them for years find that the owners are selling them over their heads with the result that they have to move to make room for the new- comers. Real estate:men report that a number of purchases consummated in the past two*months were the di- rect result of buyers. purchasing houses so that the previous owners would not sell them to someone else and thus deprive them of a place to , live. * Reasons for Selling je There are several reasons why. peo- ‘ple: wish to selk their houses now,” said one real estate man today in dis- cussing {the housing problem. “First there*is Ythe out-of-town owner. who is willingsto sell hisgproperty at a profit, “which he can edsily do at the present) high prices’ for any house in the city. He does not need the house for living purposes and therefore he is willing to sell... « “Second; there is'the resident of the city who owns several houses and is willing to dispose of those he does not occupy while*he can do so at high prices. Any other reason why both these classes are willing to sell is be- cause there is no money in renting houses at the present time because of holders of the. city and the state as well face due to the recent laws en- acted by the last legislature. Taxes are high and’ will’ undoubtedly be higher, and property-holders who try to earn.an income on their investment by renting their’ houses find’ that if they clear five per cent on the invest- are paid ‘they are, lueky. “The game is ttue of flats, apart- ments, furnished, and unfurnished rooms. People are clamoring daily for these places to’ live, and the supply does not begin to meet the demand.” Price May Remain Up ‘Whereas property of real estate in the city is high at present, real estate Dr. Edwards’ Olive Tablets Get’ at the Cause and Remove It bapesconr rs os Dr, Edwards’ Olive Tablets, the substitute for calomel, act gently on the bowels and positively’ do 'the’ work, -. People ieee with bad breath find quick reliet y them, » Br. Eevee, ye ak are a ‘vegetable com : with olive oil, They act gently but firmly on the _ bowels and liver, ‘stimulating them to TREAT ’EM ROUGH, OLD MAN |. | the high taxes which the, property-|. ment from the rents after me expenses |* ’ WEDNESDAY, OCT. HOUSING PROBLEM IN CITY SO ACUTE PEOPLE ARE FORCED TO PURCHASE THE HOMES THEY WOULD OTHERWISE RENT dealers do not look for any material reduction in values. They point to the comparatively poor yields from farm crops in’ this section for the present season and ask, “If prices rise in the face ‘of this, why should they ever come down when real ‘prosperity, settled’ conditions and bumper crops come our way, as they surely’ will come?” Although the activity in farm prop- erty is not as great,as that of city, property, yet real estate men ,state that there is considerable exchange of country property at the present time and believe this will continue un- abated through the winter. Some of the property in‘the.country being sold belongs to-farmers who have staked four: successive «poor crops of this commodity find themselves anxious to leave this section. Most of it; however, is sold by non-residents who do not wish to pay the high taxes on their idle land which they: face from the county and state taxation. {MARKETS | PM hirer ale SOUTH ST. PAUL LIVESTOCK South St. Paul, Oct. 22—HOGS+ Receipts, 8,000 head; market 85¢ to $1.00 lower; range, $11 to $12.65; bulk of sales, $12 to $12.50; pigs, $7 0 $13. . CATTLE—Receipts, 97,000 head; market steady; fat steers, $6.25 to $15.50; cows and heifers, $6 to $10.50; stockers and feeders, $4.75 to $12. SHEEP — Receipts, 5,000 head; market steady; lambs, $5 to $14.25; wethers, $5.50 to $9.50; ewes, $1.50 to $7.50. MINNEAPOLIS FLOUR Minneapolis, Oct. 22.—Flour an changed; shipments, 410,323 barrels; barley, $1.05 to $1.28; rye, No. 2, $1.311-4; bran, $37. 3 their. chances. on\ wheat. anil'due to}. CHICAGO LIVESTOCK Chicago, Oct. 22—HOGS—Receipts 21,000 head; market mostly 75c to $1 lower; bulk of sales, $12.25 to $13; heavyweights, $12.50 to $13.00; me- dium weight, $12.00 to $13.10; light- weight, $12.10 to $13.00; light light- weight, $12.00 to $12.60; heavy pack- ing sows, smooth, $12 to $12.40; heavy packing sows, rough, $11.50 to $12; pigs,’ $11.75 to $12.50. CATTLE—Receipts, 18,000: head; market weak; beef steers, medium and heavyweights; choice. and ‘prime, $17.40 to $19.50; medium and good, $11 to $17; common, $8.50 to $11; lightweight, good and choice, $14.25 to $19; common and medium, $7.75 to $14; cows, 6.55 to $12.25; butcher cat- tle heifers, $6.50 to $14.50; ‘canners and cutters, $5.35 to $5.50; veal calves, light and handyweight, $16.50 to $17.50; feeder steers, $7 to $13.25; stocker steers, $6 to $10.75; western range steers, $7:75 to $13.50; cows and heifers, $6. to $12.50. SHEEP — Receipts, 22,000 head; | market firm; ‘lambs, 84 pounds down, $12.75 to $15.75; culls and commons, $8.75. to $12.50; éwes, medium good and choice, $6.50. to $7.75; culls and common, $3 to $6.25; breeding, $6.75 to $12, , ¢| MILLION FARM HOMES COULD. SUPPLY LABOR FOR’ WINTER MONTHS Fargo, N. D., Oct. 22—There are a jmillion farm homes in the United States where a million men who spend their winter months in idleness could of. winter unemployment would particularly unmarried men — would farms. -‘‘They would leave room for the judge asserted. ergy ‘ @ribone Want Ada bring! ‘Tesulta, REAL SotUTION natural action, clearing the blood; and. - ifying the entire system, They do That w ree does, without any of ight ig © note the Sleauing dec ‘We and 25e A box. ouT tH UBT THe BY CONDO RSet OF THA, WC-—— HERE'S A SOLUTION THAT OUGHT TO REDUCES Our FEYSR —— NO MA CAN TALK SENSE WHEN HIS SYSTEM 2 (3S FUCL OF WILD= 6YED ENTHUSIASM get out of the cities and stay on the | Russians. more employment by men who have |; * -|families and must live in the cities,” |'"& nation. 22, 1919. GRIP, INFLUENZA | Matalin’s Wizard Oll a Reflable, | Antiseptic Preventive During influenza epidemics spray the nose and throat several times & day with one part Wizard Oil and two parts water, using an ‘atomizer. If you haven’t an atomizer, gargle the throat and snuff the mixture up the nose. This treatment sets up an antiseptic wall of defense against “Flu” germs, =,. Chest colds and sore throat lead ‘to, Bribe Stop them at once with Wizard Oil before they can develop into dangerous influenza. » Get it from druggists for 30c, If not satisfied, return the bottle and get your money back, Ever constipated or have sick head« ache? Just try Wizard Liver Whips, pleasant little pink pills, 30c at drugs gists. Guaranteed. LETTONIA SUFFERS FATE OF BELGIANS In Efforts to Join for Invasion Russ and Germans Trample New Republic N. E. A. Special to the Tribune. COPENHAGEN—Five years ago the German army, ran over Belgium crushing a weal defenseless race. Today German and Russian armies are overrunning Let- tonia, one of the new republics of the new peace map. Lettonia, like Belgium, is fighting back, but unless materially aidedsby the allies, is doomed. The peace-loving little republic— only a few months old—seems cursed by fate with‘eternal hardships at the they are again -féeling*thé iron heel, Von Der Goltz’s German forces on one side and the Russian armies onthe other are hammering away at the Letts in an © endeavor to form an alliance to fight the Bolsheviks and obtain control of all Russia. The Letts refused permission . to either of the armies for a passage through Lettonia. When they this year declared their independence and carried their de- mands to the peace. conference, cen- turies of economic and political suffer- ings they resolved to maintain that independence to the last. That is why they. refused. Von Der'Goltz and the Russians “permissian to trample over their rich agricultural lands in the latest war. : At one time the Letts. were: classed among. the Bolsheviki. Yet they hard- ly could be blamed for that. . They had been tricked. by the Russians: and they had been warred on by the Ger- mans. It seemed the only way out. But the Letts are not inclined. to. in- ternational “Socialism "such as ‘the Bolshevikypreach:““‘The “Letts “are national Socialists. There are perhaps 2,000,000: Letts. There are’800,000 Letts still in Rus- sia—the ones who fled there early in the war when'the Russian’ government demanded they burn their homes and farms lest the Germans take them. They, have been unable to return to their country. The 2,000,000: Letts® today inhabit Courland, - Livonia, ‘Vitebsk, Kovno and Pskov. tat | They are not: Slavs nor’ ate they Mongolian Finns but are survivors of an old but distinct. Indo-European race. “The Letts are Protestants. Lithuanians _ are. Roman - Catholic. The two languages are quite’ similar. The Letts have suffered many hard- find splendid homes in return for light] ships from Russians, Swedes and Ger- work, says Judge A. T. Cole of Fargo.|.mans, Judge Cole asserts that the Broblem slaves of German: invasion. Gradual- heir | largely solved if the men affected— Ty, they renovered: eit lands from For 700 years they were the They are more educated than the They are musically — in- clined, being ‘referred to as the sing- General Von*der ' Goltz, formerly commander of-the First Turkish army and previous to that military gov- ernor of Belgium, is” leading the forcé.of Germans attacking the Letts. Von der Goltz had a:reputation for extreme cruelty in dealing with that . part of Belgium under the German military heel. Dance given by A. 0. U. W. band. at armory Thursday, Oct. 28rd. O’Connor’s Orchestra. MILLIONS Acid-Stomach Millions of people suffer year after-year from ailments affecting practically every part of the body, never dreaming that their ill health can be traced directly to acid-atom- ach, Here is the reason: poor digestion means poor nourishment of the different organs and tissues of the body. The blood ie impoverished—becomes weak, thin, sluggish, Ailments of mgny kinds spring from such conditions, Biliousmess, rheumatism, lum- bago. gciatica, general weakness, loss of powel id energy, headache, insomnia, Nervousness, mental depression—even more serious ailments such as catarrh and cancer of the stomach, intestinal ulcers, cltthosis of the liver, heart trouble—all of these can otten be traced directly to acid-stomach, Keep a sharp lookout forthe fireteymptoms of acid-stomach—indigestion, heartburn, belching, food repeating, that awful painful bloat after eating, and our, gassy stomach. EATONIC, the wonderful modern remedy for acid-stomach, is guaranteed to bring quick relief trom thesestomach miseries. Thousands say they never dreamed that anything could bring euch speedy relief—and makethem feel 60 much better in every way, Try EATONIO ‘and you, too, will be Fase as enthusiastic in its praise. Make your life worth living—no aches or pains—no blues or melancholy—no more of that tired, listless feeling. Be well and etrong. Get back your pareieal ne men- nd-vitality,.. You will always be weak a! ing as ‘pages you have acid-stomach. So get rid of it mow. Take EATONIC perp taste good— tal punch; your vim, vigor ! ind al you eat them like a bit ofcandy. Your drug- ym him jay ant Gatistied he will refund your money, a A rand comperatively « iY t