The Seattle Star Newspaper, December 18, 1917, Page 9

‘GOVERNMENT DIRECTION OF FINANCIAL INVESTMENT IS NEED WAR HAS BROUGHT U, S, RAMAKERS}| Creates Piano Sensation by 4 BY DR. ARTHUR J SELWYN is be necemary, before Tussia s se . N and Italy collapsed, must be fur Cutting Prices in Last Days J trarnoo. res somorty | hishot ' | NEW YORK, Dec, 18.—The ¥ to do these things United States government must sooner or later take action to di rect the course of financial tn vestment in the United States, if STAGGERING SPECIALS © have to ex government, for the durat 1 of the security market is to be munt be a great borrower, autiful Guaranteed New J i): “ie Soo trous crash, ® Necessity in the main cause of! Two weeks ago the bottom drop in bend and stock prices | that has demoralized the money mar kets, For apart from patriotic con- | siderations, government security will | always be preferred in competition with private ecurity Fix Security Prices Rut just as government borrow: | Ings have been much important fac: | tors in depremving security prices, #0 government action will supply the| remedy dropped ont of the New York stock market. Today the bend Pianos Down to 158,186,218, 235 market has reached the lowest point since the sensational de cline immediately following the outbreak of war, in 1914 The panicky conditions which have de pre 1 the Stock Wx brought about by dis the world recent! oha turbing war events, by tion of the currencies and | wide tm by the Increasing demand for capital The onty effective action short ot | for carrying on the enormously in-| Closing the stock exchange, as was creased industrial operations neces: |d0ne when war was declared, will be| $100 SPECIAL Talking Stated by our entry oto the war, [the fixing of minimum necurity Machine, with Univer- ; Decline Halted prices and the limitation by the gov-| ernment on trading, on thé Noses | of new capital for tndustrial pur poses, On the investment of Ameri can pital abroad, and the control 9 | Of interest rates In other words, it will become necessary for the people, thru The decline in security prices has |been temporarity halted by favorable |war news, the possibility creases for the rail Stock ¥ sal Tone Arm—plays all records; elegant cabinet. Now only action of the short selling But the trend ts unmistakably their government, to say where downward, and must continue to be} Money shail be Invested. This tive governmental ac| Power, if exercised, will subor { | dinate the private interest of the tx obvious.| Investor to the public welfare, The reason for thin overnment haa suddenly be It will be possible to determine eo ins largest competion for | what industries are casential tor R $2 ¥ D he me arket. | fe we ing of t A BEAUTY 326 ready capita? in tiene continue, the| mation and He armed forces And as war operations « | nenent is going to require all| available capital in the coun! try. ‘This will put the cost of capt tal up, and therefore * the liqul | dation of low interest bearing securt | Hes. | Pa abroad, and to concentrate credit behind such Industries. It may be a radical step, but the abnormal condition will make it a neceamry one Private interests must give way before the national! Interest, and the governmental tim itation and control of investments in i the LATEST UPR Short Selling Legitimate ‘There have been suggestions that H son imperative if the country ix to put rt welling in the market haa been een ak roe ‘tantcky conditions, 1t# full strength into the great responsible | dem that short selling be | *rumgte. pee iowa There are excellent; And while such governmental actions will at first severety hit tn vestors, in the long run it will bene- fit them as much as it will benefit the country generally If the government does not sooner or later take h action, the result! | reasons why this cannot be done. | Public Benefited in a perfectly lent comary financial prac securities “short” anary an to quote prices “Short imate and tice. To fe tm cctiding © teil | will be not the bank skyscraper, in advance of construc |“ reat number of finan . durtrial concerns, rhe man who fells stocks “sh a ee believes that In the future he ca URGE BREAK WITH KAISER Into the market and buy the stocks cheaper than they were at the time the short m Th identically what a contractor By United Press Leased Wire BUENOS AIRES, Deo. 18.—A com. mittee of notable citizens represent ing 100 prominent Argentines, adopt CARIN LAE Ne" CREND © wan made e he gives au eatin te ed resolutions today, urging Argen- that at a given date Mt | tings declaration of war against Ger. » bought In open markets many snd he bases hin Cures Colds tn Franc: » much rates h Nor of | LAXATIVE BROMO QUININE tablets In the case of the short seller of 71 ao 9 remove the cause GROVES we Only $436 Now stocks, or of the contractor, the es | Tt” 22° yo timates may have been wrong. Thea, | ot course, the contractors in each cane will lowe money, They must live up to thelr contracts. In such short selling operations the public in benefited became the market is stabiitex! by the tranme tions. If there wery not numerous transactions of thin kind being car-| ried out every day markets woul! | fluctuate violentty and trregularty sles tend to restore equilib iIf Too Fat Get More Fresh Air Eat All You Need Including Candy. Reduce Your Weight. Here’s the Secret. Lack of fresh alr, it te ead, weak ons the oxyKencarrytng power of the blood, the liver becomen sluggish, fat You Will Be Amazed-How Little Pianos Are Selling Here for Now You will realize how true this is as soon as you enter our store and see old, time-honored, tried and true standard makes of new Pianos confront you ps neat ar haa dg ba ge We about the genuine article when we say rium. ‘There Is Abuse this. We will o~ everything your heart ona gt ee ee accumulates and the action of many e in new lanos, y funds and force an by. The heart action becomes weak even though you may be one of the greatest musi- Jf **'° work is an effore, and the beauty of the figure is destroyed Fat put on by indoor life in un healthy, and if nature is not anninted in throwing It off. a serious case of »benity may result. When you feel that you are get ting too stout, take the matter band at Don't walt until cure has become a joke and your * ruined through carrying round a burden of unsightly and ealthy fat. nd sore time dally in the open | athe deeply, and get from ha *t a emall box of ol! of korein after each meal night. Also directions that cians living. "All the new Hardman Art Pianos, Players and Grands, as well as the magnificent Henderson, the superb R. S. Howard, the old time- honored name of Conover and the celebrated Thompson (established since 1870), the Story & Clark and the Ramaker Colonials; also the great Harringtons and Clarendons and the rest are each and every one here to be sold for any reasonable offer, and we will practically let you make your own terms. Liberty Bonds accepted. RAMAKERS in what the rule alma to pre Short selling ver, is not the! fons noe your Industrials Down «, tho more id down almost take one erra , vertically his dect me with the be A testing su eapeules, with of off of koretn interesting book, will mafied free (in plain envelope) if ein Company, 118 be in-| any loxses ne allies thru be sumed you write to Ke : ie Itallan conditions. laceae Some ot Now Tout. © Open Evenings 1524 Third Ave. Open Evenings Our Task Greater : every few days and Armies, ships and munitions on |, Fey steneitnen fns ep Bitar grander scale than we believed |.” "P ee i llgag' Ol of koreir pleasant to tion. that over in numer constant comfort, this harmless jdown to normal in is & | ntoutnens tenperi ous wayn, in a | mental and physical dt A | xuggestion to try a sim ‘There never wil a better time to buy Diamonds ing constantly. good stones in value at the Tate of 20 per cent a year. Most things deprecia alue with use—Diarmonda i If Y give y constant pleasure and grow ou ee into money every da Bone services of a DENTIST, bear in mind that the Albany 4% Dentists are Dentists of long experience ang recognized skill and ability. Our high class work, We save you 25 per cent and we do not run Annual Sales— On $25.00 to $50.00 Diamond Rings | On $60.00 to $75.00 Diamond low Rings PM prices and painless methods d On $80.00 to $100 Diamond are vouched for by over Rings twenty thousand satisfied On $150 to $400 Diamond patients. Rings. All Work This store bids you welcome STAR—TUESDAY, DEC. 18, 1917, PAGE 9] UNCHALLENGED Ts Great Upstairs Clothes Shop is supreme. It is supreme in quality, style and fabric, and remains unchallenged in supplying the maximum value in Men’s re at FIFTEEN DOLLARS. We have not or hacia our standards, though the clothing world is filled with disordered quality makeshifts and distorted price figures, we still rigidly adhere to the prin- ciple which has earned us an enviable reputation and has made us the largest distributers of men’s clothing in the Pacific Northwest. We contracted for vast quantities of clothing when prices were nor- mal, before the skyrocket advance in raw material and when the price of wool was one-third what it is today. We refill our racks every day from our enormots reserve stock on the tenth floor of this building, which enables us to offer this vast sclection of the latest style clothes at prices far below the present market value. OVERCOATS ‘Today our Overcoats and Suits at fifteen, twenty and twenty-five dollars are far su- ‘ perior in value to the garments sold at these prices anywhere else in America. They are as genuinely good and as characteristically fine as ever, and are in every way the usual stand- ard of Lundquist-Lilly clothes. NEW Dress Clothes : ARRIVALS | Buy Your Clothes The Finest : Save Money The Modern Way Examples of the on Your Hat The Upstairs Way Tailor’s Art Buy Upetaire The Money-Saving Wa 7S $2.50 and $3.50 oe te eae, ee Our upstairs selling plan, with low rental, inexpensive fixtures, etc., cuts the cost of F selling to the bone and enables us to sell clothes at a very liberal saving. Buy now. Buy upstairs. Selection is big. Prices are low. Upstairs Clothes Shop JOSHUA GREEN BUILDING FOURTH AND PIKE ‘the war of 1 agoons to save Venice—| nals and marshes, with islands dis. the strangest half water and half | appearing and reappearing with the land conflict the history of war has eset tide, has been the scene of a contin- uous naval lagoon battle still progressing today It was The fight- ing is absolutely without precedent Centuries ago Attila and his orig: inal Huns reached exactly the same spot between the Piave and the Sile BEING STAGED BY HENRY Rib yard COLUMBIA ST. United Press Correspo Tare that the modern Teutonle| The modern Huns are desperately| Cor. First Ave. WITH TH LNCH "AR Mie we trying to turn the Italian right wing 2 Fifteen hundred years ago the | DR. EDWIN J. BROWN by progressing around the northern limits of the Venetian guif For the purpose of the lagoon bat: | IN ITALY, Deo, 17.—Italy is waging original inhabitants in this section fled from the maniland, and on the gulfs and flats of the lagoons found SFE EE EE LEE EAC — EE ! Very fine vigin Pracelet —you'll feel at home the min- *? crn 12or 16" 1 ren’ $14.50 ute you enter the door. Ove a SES 4 Guaranteed for | ) 6 Stove : 5,000 customers proclaim ee waltham 15 Years | Lf % ‘and bracel tine =Merits of buying Diamonds and Hampden or ir r . of” other “tmakes, prices Watches “The Silver Way.” foea at Staran Come in today for FREE) ranging from Go. pr $22 Examination and Consulta- $15 00 ro $6, , ¥ tien. | ! We also carry a | i full Tine of Howards | ALBANY DENTISTS | #4 Peoples Savings Bank Bag. | ' UIAIAIAPAPEIAIEIAIAIOFAPEIOIAIOIAIAICIBPRIBIOIOIBR, Second Avenue and Vike Street, CREDIT Open a venting» ie | J # IF YOU WISH IawELaRg Uatil Christman i 4 718 SECOND AVENUE SEATTLE tle as well as for general defense the Italians inundated the section and sealed all entrances into the gulf by mine fields, The Venetian gulf therefore was converted into an iso lated sea. ed the island colonies which eventu ully became Venice. Over the same intervening canals, marshes, lagoons, and lakes by which Attila and his Huns were checked the Italian forces today are checking the modern day Huns. Checking the Enemy They are checking the enemy by a nd and water de en the conflict is ne of the most in signs on moved my to the corner of ave. and Columbia at, just across the street from my old location, My new ems t a, mak n Firat and Second aaeeay ete ‘aise my pi becau r, but I do exp to incre << ae 1 practice so that the fm is will offset the inores doing business because Thoroughness methods Characterizens in every tr | is 106 Col | ¢ What we fact that L taking only of Seattle can't understand is the ut. Becker stopped after men out of several | q rooms. oo Keen! Quality U ") war. I Pad on Savings Accounts ing chapters of the whole his:| Laxaner WO GVININE. the World- | 1 want to be known as the only Accounts Subject to Check Are Famons Cure fi Ids and Grip, is now s0e tle who did not raise bis on which 4 tT bor On a nt of the advance in the use of the war, Paice of six different Medic! Concen atod Extracts and Chemicals contained tn ative Rromo Quinine. it was necessary to increase the price to the Druggist, It has ftood the test for a quarter of « century. It Is used by every ctv! eed Datlom, ad Cordially Invit ng the Li rush to V EDWIN J. BROWN, D. D. & Seattle's Leading Dentist 106 Columbia, seit * Peoples Savings Bank SECOND AVE. AND Pine sr, } !telian a defenses, Gulf of » with its endless cae