The Seattle Star Newspaper, September 3, 1919, Page 11

PRICE PEAK REACHED, SAYS SPILLANE T OF LIVING ON THE DECLINE NOW Predicts Decrease in Prices BY RICHARD SPILLANE America’s Foremost Writer on Fi nance, Commerce and Keonomics. The Star. Special Contributor The pertinent “What have you to Statement that the « are going to decline? Briefly the answer ts that prices have gone too high. Specificatly Ma that there ts evidence of decline ready. Additionally it can be said at, for the first time in many ears, men of power and Influence financially, politically and indus trially have been alarmed by the con fidential advices they have received that there was more of restlessness And bitterness among the masses than was shown on the surface and, if the mad flight of prices was not checked, there would be serious out breaks. LEADERS OF NATION STIRRED TO ACTION Leadership entails responsibilities. The leaders in the fields of politics finance, industry and business gener ally know the cost of living problem must be solved or made less dis tressing to the public or there ts danger of trouble. They do not know how much of legitimacy or ille gitimacy there is in present prices. ‘They do know there are many things wrong and many wastes. They are going to do some things that are Tadical and which they would not do ordinarily but which they must do because the emergency demands it You may credit them with being actuated by a high sense of good citizenship or by a solicitous regard for their selfish interests, as you Please. What is more important than n is ask support ye sts of living wr action to bring down living costs has begun. Partly by reason of the govern Ment’s action in selling its food stocks and partly by reason of the been a sharp decline in meats. From 8.50 per barrel mess pork has ome down to $55.50, family beef THTTTTLELE from 42 cents a pound to 23 and lard from 36% a pound to 31%. Coffee, gold at 23% cents a pound. dropped to 21%. no change can be ex to the guaranteed price agriculturists. If shoes are not going to cheaper, the stock market action of shares of the greatest of them has declined more than 40 points. If woolens have not reached the top the stock market movement of the securities of the greatest of the ‘wool corporations is peculiar. Its common stock has declined nearly 25 points. There is a saying that the ticket never lies. Cotton, which is far more im. » portant than wool, has declined m: than 3 cents a pound. That is $15 a@ bale. DISTRIBUTION END 18 OVERBALANCED The broad statement is made by those who ought to know that five times as many persons are trying to make a living as distributors as are necessary in this country and the, costs of distribution are there- fore many times as great as they should be. But the retailer is not the on one at fault. Some of the manu- facturers are worse. The humt poda cracker serves as an exam - It your gume are sore sloughing and bleeding, you have Pyorrhea, so-called Riggs’ Dis ease, which is a menace to good health. We are the only Dentists in the Northwest who specialize in this dreaded disease, Exam nation and estimate tree. special care taken of children's teeth, Reasonable discount to Union men and their families, All work guaranteed 15 years, United Painless Dentists INC, 608 Third Ave, Cor, James 8t, Phone Ettiott 3633 Hours: $20 9 » M. to 6 p. m. Sundays, 9 to 12, your personal view is the fact that, Felease of hoarded supplies there has | |e summ i x ” diagram, reported from a rt gotten up by the depart t of agriculture, gives a | comparison of the cost of living | in and and in the United | States since the Spanish-Amert war in 1898, It shows that risen almost steadily s have fea since that but that the big upward | 1 not begin until 1914 The chart shows that prices in having reached their mn 1918, are now on the down grade, while tn this coun. | try it t# believed the peak has now been reached and that the Une will turn downward in faking 100 as a base, Er land had higher prices in 1918 than we have had yet, the line having gone above 290 in 1918, we haven't yet ceached baovaters PPTL |ple. There was a time when you could buy pound of the crackers loome for 5 or 7 cents. Today the |soda cracker in a paper package containing 5 1-4 ounces of crackers sold to the retailer at 17 1-8 nts a package and he charges 20 25 cents, an he pj en. There is less than 2 1-2 CPnts worth of | flour jm the package of soda crack- bre fetalled for 20 or 25 cents, On jthe 20-cent retail price the soda cracker that*formerly sold for 5 or 7 cents now sells for 60 cents @ pound and on the mt pack~ jage basis the price is 75 cents, That is a high price for soda crackers even if to the soda cracker of old there now is added a paper pack- age and a sprinkling of salt Every effort to curtail prices will be made difficult unless the public alda. ent there is a riot of extravagance. Merchants report people buy heedless of cost |This may be explained in part by |the higher wages, by the depriva- tion to which people subjected them, sin the war period and to the “mob sipirt™—the fear that everything is going higher Prices are going lower if the public, by prudent action, by care- ful marketing, by patience and good sense, aids in bringing them lower. They never will be so low as they were before, but every- thing is too high today and every- one can help in bringing down to @ reasonable level, The most delicate measuring pos- sible, accurate within millions of an Inch, is done my means of light rays rays, i 290 se A them | FOOD TO DROP, SAYS HOOVER | Within a Few Months PARIS, Sept (United Press.) A tremendous drop in food prices In |the United States may be expected in | the next few months, Herbert Hoover said, in continuing his testi | fore the congressional comm Voastigating war expenditures | | The speculators h reached the| end of thelr powers, Hoover declared. and are no longer to maintain cor- | hers in stocks, owing to Europe's in ability to purchase America’s over production | “Warehouses in Amsterdam, Rot terdam, Copenhagen and Stockholm are now full of foodstuffa from America,” he said, “but no outlet ex- | ints, as the countries needing food }are unable to pay for it at present prices | } Scorey Hoarders | | “Speculators of the entire world are | rexponsl for the present high |prices thru hoarding tn anticipati ropean demands, which have! eloped. ‘The Amertean gov must intervene by granting credits to the nations needing food as well as by fixing maximum prices fin the United States, “AN extremely dangerous situation will result in case the United States | wovernment does not assist producers in finding outlets for their goods During the war American products of all kinds increased threefold. Un lens there are permanent markets for | | these products, a terrible reaction ts| |inevitable, counteracting all the pro- | duction incentives which caused the | Present efficiency “American farmers are entitled to | |the greatest consideration. After! government stimulats their pro-/ nm must be guaranteed mar-| | | Hoover maintained that he had no/ knowledge of the war department's! surplus food stocks in April, before | hin purchase of large quantities for | Italy, He said he would have bought | from the war department if he had | known the circumstances, “ 39,965 SCHOOL PUPILS ENROLL iFirst | | Day’s Registration! Shows 2,917 Increase | ‘The first day of school Tussday | brought out 39,965 school boys and sirlx, an increase of 2,917 over the, registration of 1918. These figures | do not begin to reflect the real in lerease in schoot attendance for 1919 * it was impossible Tuesday to reg: ister the copious quantities of school children who appeared for class work | It ta expected that close to 10,000 students more than the total regis tered last year will be on the job this year. | Especially was the increased regis tration noted at high schools, 1,100) more students appearing at the var-/ fous Institutions than were present | in 1918. ‘The increase in high schew! attendance t# attributed to the “back to school” campaign directed at atu dents who worked during the war. Allied Diplomats More Able Than Germans, He Says Lioyd George, Clemenceau and Woodrow Wilson outshone Ger man diplomats and beat them at their own game according to the admitted word of General Luden dortt, who directed the enemy military machine. Ludendorff not only admits the supremacy of Al lied diplomacy but lauds the abil- ity of the Allied leaders in his book on the German side of the This remarkable document will be gt to the world thru 200 leading newspapers, that have obtained exclusive serial publica tion rights, The Seattle Star will publish the Ludendorff book com plete. The first installment will appear Monday, September 8. i /PROPHECY ON DEAD | MAN MADE BY POPE | LONDON, Sept “Those who} say or read this prayer never die a sudden death, either by drowning | lor by poison, nor will they be over- | come by their enemies.” | This statement, accompanying a copy of a prayer which was sald to have been sent by the Pope to Em peror Charles, for his safety as he| was going into battle, was found on| | the body of a dead man whose body | was recovered from a Grimsby dock |The body has not been identified. | niceties i ” Famous Artist Restores Capitol Paintings || WASHINGTON—Charles Ayer Whipple, noted artist, has the Job of restoring the the ¢ He started paintings in t winter and, after a brief vacation, has resumed the work ‘apitol to their original appeararice THE SEATTL STAR—WE , 1919. Fall Styles Now Showing yr titttitrf,ffy Kar PROSECUTIO ys , M CLOTHING YR oOo Yl / | WASHING? rem! Pig iron, the price of which iw ¢ ° Jevery 1 United t p y significant, is $4.80 cheaper Jof necessities ha 1 ite b I everywhere has limit and that from now on t and hoarding ene cline is to be expected. r sharply fallen All auth en fe t 41 publict pe phe ot of affairs abroad, where agreed that the end | t n rices a Iready well for « anything abrupt we effect rican mark carry the menace of panic, Price The Guaranty Trust company of may not return to where they were| New York vee & statement in five ago, but the hearter which it upward trend is done with, expert in ed evidence gathered ' petent observers leaves now ttle room doubt that the lowest PUBLIC'S ATTITUDE ni te 4 t) in the economic state of the STEP INSIDE IS BIG FACTOR aoe nedbbaPptermpgit dy GENTS, WE'VE |. Credit for bringing about this |and that whatever ma: hopeful condition ix widely di*| ber of the present mom from tributed. Official agitation has had | gyi tip forth prog s must ever much to do with the aver buyer! be more rapid towa at retail combat bh n prices and not to be ir 4 Uinnids 1 by threats of further in. creases, has had its sure effect. AND THE FIGHT 18 NOT FINISHED: prosperity DOWNTURN IN PRICES It m and that there falling off since. 1 spread to ~ ~ — Chieago reports a drop in whole- | July sale prices which an with pork, | steady affected other grains, vegetables and fruits the prices of sb and that by 19 decline will begin SHOES AND CLOTHING REDUCE PROFITS jesale dealers in shoes and « in New York are ating with the fair price committee to reduce to its minimum the margin of profit on these Holdings of dry released and ‘already affected, os will not advance | earlier, the| . or Frederick & business in thi Nelson co-oper- | Seattle. It will never go.” emi ties goods are bel wholesale prices | prosperity success, Is Backache Wearing | 4D -7 YouOut? Ys D%s any little exertion leave you tired and worn? Do you feel weak, nervous, “all unstrung?” Do you suffer daily backache, dizziness, and sick headache? You shouldn't! Too many folks drag along day in and day out, thus handicapped. And too often they overlook the kidneys Tells a Story” Which are likely at fault. Weak kid- neys cause many queer aches, pains and kidney irregularities. But, if taken in time, kid- ney ills are usually easily corrected. Neglected, even a slight kidney weakness may turn into gravel, dropsy or Bright’s disease. Don’t wait! You owe it to yourself to get well and to stay well. Use Doan’s Kidney Pills! Doan’s have brought thousands of weak, tired, discouraged people back to health. Seattle folk tell the story. Ask your neighbor! These Are Seattle Cases: Americus Eleventh Avenue North Street Yesler Way Pike, $913 Americus Street, anys: “I ¢ J. R Dennis, 1405 Bleventh Avenue a bad cold » put iny kidneys “When my kidneys were bothering me James ¢ trouble more aggravating v ear ago I had awful dizzy spells. My k 8] Works, was finally bent over like a man a hundred years were awfully weak and didn't act often enough, 80| bad sha Vv just couldn't ¢ » and would walk around with my{ that my hands and feet became swollen. My back | hands pressed ny back, trying to ease the pain. My} ached every minute of the day and a weakness across kidneys didn't and the ns contained a| my kidneys made and run gravel-like ult to pass, 1 was 5 heard all. played Doan’s Kidney Pills, Really ow quickly Doan’s helped me. i em and they flushed | came my kidneys and completely cured me. | ished g one box Dye ) My kidneys were in ery time I bent over though my back would break, The kidne: were unnatural, being scanty, painful and. irregular in pas My work as a tailor kept me bent over, and that made me suffer all the more, I was lame jand stiff all over, ahd could hardly atratehten up. | 1t didn't take Doan’s Kidney Pills long to relieve m and 1 was soon cured of every sign of the troub! Manager Victor Cleaning an r Way, says ng better d no did mv bach was cured” After 1 had fin- Twelfth Avenue East West Fifty-Ninth Street DOANS ce 4 rat MM KIONEY PILLS | Johnson, carpenter, Ww. “I caught a cold which {and made them weak of trouble. the musel Fifty-ninth St. ttled on my kidneys After that I had a great deal ack was lame and it felt as though all drawn up and stiff. My kid- neys didn’t act right at all and the secretions were highly colore I had to get up often at «night. Doan's Kidney Pills gave me a complete and lasting cure, and since then I have only used them occasion- ally to keep my kidn in good order. They have kept me freo from kidney trouble, in spite of my Mra. Re Iney 1 do. For a long time I m 1120 12th Ave. I what fered with sharp pains in the metimes says: “I know they are Doan's | says will do exact claimed t of my back and that just small there was a heavy take all the cause, but I ache seemed to of the nd when I read about down strength out thought it was from my kidneys Doan's Kidney Pills being good for such trouble I de cided to try them, I bought a box and notping could have better, The pains and Aches soon] disappeared and I felt like @ different woman.” | | bearing of me, 1 wasn't sure O package of Doan’s Kidney Pills is genuine unless it bears the maple-leaf trade-mark and the signa- ture—‘James Doan,” Doan’s Kidney Pills Foster-Milburn Co., Manufacturing Chemists, Buffalo, N. Y. suited my case Every Druggist has Doan’s, 60c a box. EP ch cake anaemia Contacte ee _OLD H.C. OF L. GETS: OVER U.S. ability and 7 EVEN WALL STREET SHOWS t be remembered that high “The reports we receive from all) pr na bull market in stocks parts of the countr © that pr 1 bull market means rieh a ure beginning to decline,” «aid pickings for speculators. ‘Therefore torney General Palmer, “Probabl Street is extremely reluctant : decline is not sufficient yet to at the turning point’ has » appreciable to the erage con been reached. Yet the curve of stock sumer, but I be @ it soon will be.” market averages, including railroada Here are some of the signs of and the principal industrials, shows marked improve t the high water mark was touched im has been @ Shoe manufacturers announce that| Big Store Success After First Year opened for r new buflding at 7 Fifth ave. and Pine st. just a year 7 | ago 3 Many said, “The store is too bigfor Today the management ts wonder- how to get additional |space for 8 ever-growing stocks of merchandise. | — After a year the city’s growth and have made the store @ ~ "