The Seattle Star Newspaper, June 1, 1921, Page 6

PAGE 6 Newspaper Ro torprive Assn and United Press Servion. Z American bank. Just to cite an instance: But, consider! funds de safegua) in certain limitations which bank examiners!” he Seattle Star out of city, Hee per month, 2 months § tn the state of Washington. $4.60 for @ months, or $9.08 per year and banks, about the integrity n responsibilities and the like, in the last few months—with good reason. Poblished Daily 4 months, $2.75) year. Outside ot tate, MOe per month, Hy carrier, city, bo a month State Must Remedy This Evil ( Ne HE IRONY, the unconscious irony, that sometimes may be expressed in stilted legal verbiage! The stinging irony that is bound up in our own Washing- ton banking laws! f i oe ‘ Tacoma has done a lot of sober, analytical thinking about monéy and credit From the Tacoma Times) y of bank directors and managers, about personal ATacoman of foreign birth worked 14 years in a But the irony of the law! : ‘ All municipal and state funds in this looted bank are guaranteed. The city, the county are already paid in full. That, of course, is good, This same state of Washington, which says to every bank under its domain, i “You must, through bonding arrangements, protect my funds and other sited with you,” does not also say, “And you must with equal care and guarantee the funds of my citizens.” state adds, ‘With the funds of the individuals — By inference almost the oes may juggle and do tricks with- . n. ° I shall lay dow his under the regulation of my And then this state sends us a bank commissioner like Claude Hay! He heads the state-banking department. He says what and what not the banks | shall do. He is the individual depositor’s protector. | Claude Hay is perhaps a well-meaning little man. But he is not a banker of | wide, sound experience. Before coming into his important post he was a clerk, and a bookkeeper and an understudy in small country banks and in the state) banking department. This holder of subordi him for giving commands te jobs, this man lacking in experience that would fit presidents and boards of big banks, lets an institu- tion like the Scandinavian run along month after month thru its hectic, wildcat history. The grand jury condemns Hay’s record and apologizes by inference to the pub- lic because it cannot indict him for something, no law apparently having been | violated in his case. One man committed suicide; another, a well-known business man, has gone to | a hospital for the insane, and unguessed discomfort and misery have been caused in hundreds of Tacoma homes thru the collapse of the looted Scandinavian} sawmill and painstakingly put aside, nickel by nickel, $7,000 in order to bring) loved ones from the old country to his adopted home. First the world war frustrated his plans; then, as the dream of a lifetime was about to be realized, came the January crash. No tragedy of De Maupassant’s could be more poignant and heart-clutching! And the governor, in spite of all, keeps him on the job to handle affairs of oth- | er ruined banks and to oversee the operation of all the rest under state charter. | There must be found some remedy against repetitions of this catastrophe. Per- a sesloriay o's bes e re ofa Seaker weal be worked out. M F ; impressive parade in memory of fallen heroes, I stood with tears in) my eyes. Then to see the seemingly got remove their hats, made me won- der. Was it ignorance, indifference, To me and my companions who) ‘were with me it's still a wonder. Can le be explained? I wish you would get that poem— “Hats OfG—The Flag Is Passing By.” I have it, but not in my possession today, but 1 teach it in my school i It should be printed in full and) given to each citizen in the United} Btates, or Seattle at least. That would be a noble work for the Legion. I will contribute toward } tts printing and distribution. } ELIZABETH ASHMUN, Teacher. INCOME TAX IS ONLY JUST ONE Editor The Star: The way you! have gone after our foolish taxation | system is certainly pleasing to any one who has any brains at all. I like to admit that I “skinned out” of all) feal extate many years ago because I could see that taxation was wrong. 5 but | am willing to pay my share of | general taxes as soon as I get a chance, just like I am paying the war taxes. Real estate should not bear sy, over one-third of the general taxes. The balance should be based on in eome, of course. Only people who have income enough are able to pay taxes without hardship. In order to avoid an enormous mass of compli- tations in valuing stock, bonds, ete., the taxes should be based on the dee larations which are made to the gov ernment for war tax purposes. Such would be exceedingly simple and| practical. About the same exemp- tions should be the rule, the smallest incomes paying at a real low rate. All such silliness as taxing household goods, stocks of merchandise and the like should be abelished Why should a man with a family, which of necessity has bought turni- tine, pay taxes on them when the bachelor escapes? Why should the man who is buying something and thus helping to provide income for id others, be penalized when the miser aad goes Scot free? ‘The contrary would q i in fact be sensible, while the present way is injustice. Why should a man, who has his fortune in morley, go free when the man who has invested in factories, machinery and merchandise ia penal- ized because he is “doing some- thing?” To penalize the home owner is point blank injustice. Weill, the whole system is nothing but gross injustice and nonsense. If it was right to tax income for war, why should it not be right to tax it for peaceful purposes? If the War tax also shoyld have been im posed on same items as general! taxes, half of the home owners in this country would have lost their homes, That alone shows its impos omiity, “af As: | | recognition. tee law must be made compulsory. Perhaps merely Tent commissioner like Hay with a big, courageous, capable prevent ~~ Sapper, Or, maybe, an entirely new system must al tem. But SOMETHING effective and drastic must result. should be put under the federal reserve sys- i] Recognizing Mexico greatly to be hoped that the reports from Washing- f THE SEATTLE think answer “I be ing Is a good m going to be lik Curvatare of Spine Id whe has ® nounce the dev othe dowen't | strong and catches such which last so long. Can her aighiened. and if a, how? ‘The amount of straightening which might be obtained in your little girts spine would depend upon the degree of curvature, and whether the curve ts functional or organic An organic or structural curve In one In which bony changes have! taken pines, while & functional curve ts postural Thom curves in which there ts bony deformity are, of course, much harder to deal with than those which are simply postural but even in structural curves much correction can often be obtained. ‘The best trearment for curvature of the spine in that given by those doctors “who make a specialty of orthopedics. [am sure your family phynictan will be glad to recommend one in the city nearest to you. see Lamp in the Breast ‘Three weeks before my baby wae born a iump about the sise of o bird eee my left breast, ‘The doctor amor jin one month onid it wan a Meth (oon go away. Thie week T © cold, and it settied tm thts place and the lump te much larger, Any lump tm the brpast demands prompt and careful attention. n may be « very simple thing, or it may become serious in Ume. The teat person to decide thin question bx & competent surreon, and since your T is te oe sae ae Mexico are approaching a|taby is now three months old. you settlement—are not ture. ° Such a settlement would involve recognition of the Obre- gon government upon the basis of its satisfying our legiti- mate claims and giving us certain guarantees for the future. The policy of our government seems to be, not to impose | “**ment humiliating terms upon Mexico as the price of i ing { recognition, but to insist upon certain fundamental principles which, .| when and if finally agreed to, will form the basis for per- manent peace and friendly relations between the two countries, This — it should be. While countries have much to gain, materially and morally, by getting together, it would ade than Rebless merely to patch things up as an expediency proposition. It may take longer to build enduring foundations, but ia are hs a building. he evidences that they are being built must be ve gratifying to the great majority of people ite petthe? who have always opposed intervention in Mexico and have looked forward longingly to the day when out of the welter of Mexican anarchy a government would finally emerge, capable of really governing and worthy of our respect and Who will say that the policy of “watchful waiting.” * ‘ " gz, 4 opposed to a policy of intervention has not justified itself? It is an example which certain European nations, that fly at each other’s throats on the slightest provocation, could emulate with profit to themselves and in the interest | of the future peace of the world. CONCERNING MONEY BY DR. WILLIAM E. BARTON The congregation sang out of a retent hymn book “Lord, I care not for riches, neither silver nor gold; I would make sure of heaven, I would enter the fold.” They all lied. Every one of them cared for riches. The cast-gtrl on $5 a week want ing $6, and the man who owned one railroad and wanted another, al! cared for money The minister in the pulpit had to have money next day to pay the grocer, and the leader of the choir was not unconcerned with the problem whether he could get enough money out of his singing or must devote part of his time to other work The man who says he does not care for money is untruthful man ought to care for money, But there are some things which money will not buy. the best things in life. Sunshine and fresb air come free. Lowell wrote: very And they are “For a cap and bells our lives we pay Bubbles we buy with a whole soul's tasking, "Tis heaven alone that is given away, ‘Tis only God may be had for the asking. No price is se. on the lavish summer; June may be had by the poorest comer.” People who quote these lines commonly omit the last couplet, thus re stricting the lesson, by inference, to things of the soul, aa weil as the soul is of the things which money ro Let us have fio cant about it. We need money, i re to live and pay our honest debts. Samuel Johnson, who had jit money himself, was a wie enough philosopher to say that few men are 90 harmlensly employed as when they are making money. But love and sunlight and the Joy of June come free. You cannot buy health with money, and your health is more valuable than money. You cannot buy back lost opportunities of friendship and the hearts of those you love. proportion to its real worth But the summer buy. Care for money? Yes, certainly; but in Try This on Your Wise Friend Seven men ate at one restauPant. One ate there every day, the second every other day, the third every third day and so on to the seventh, who ate there once a week. When did they all meet? Answer to yesterday's: $30. | should be able to hage an examina Uon now. I should adviae you not , to delay Ham and ewes at Bolt’ “There are few perfect titles; there are none |, which do not givé an ex- |} aminer cause for anx- |} iety.”—Boston Daily Ad- |) vertiser. And if they cause the examiner anxiety, how about the prospective buyer? ; Insurance companies are organized to assume risks. A Title Insurance Company assumes risks due to defective titles, and under state super- vision accumulates a re- serve to meet losses. Under these cirecum- stances, why should a buyer of real estate car+ ry any risk of a defect- ive land title? WASHINGTON TITLE INSURANCE COMPARY Under State Supervision Genuine Painless Dentistry AT PRE-WAR PRICES Crowns - $5.00) Bridgework .....$5.00) Amalgam Fillings $1.00 SPECIAL True-to-Nature Plates All Work Guaranteed 15 Years Examination and Estimates Free! STAR | 1 | wato 1S THE DEVIL IN THIS CASE? Somebody asked me, “What do you about the new presidemt?” 1 joined the Methodist church. | the preacher axked him “Will you re. | 4 by an Mines) the vain pomp and glory of thin world” the Irishman replied, ‘Yin; as [far an the devil will let me.’ *—Rep. Uprhaw (D), Ga About once te every two and one | one years and proved safe by mil| pirin is the trade mark of Bayer [half years, there are two fall moons lions. WEDNESDAY, JUNE 1, 199), |UP AGAINST j7_ eee eteestereenennenene | = he ‘|| REMARKABLE BUT ature | REMARKS || ; 2 | ‘You know, Jim, hone hard tir in spite of an 1 times the wife ang by Berton Brale~—~ The coal strike will be settled, pow | "M4 T managed to keep up boy e mbly by the wives of miners, under figured that we hag ’ £9 o tress of starvatio A to get A million bucks for acenery, pre na Powerit y Frank Wilt Ket On onr toot Vor terraces and greenery 1 i= wi A million more for furniture and Press agents, clerks and n TODAY'S QUESTION | ee . dress, What do you think of the idea o! Dent.cay sou: way boultion, Tw | wite aot te yet — eat on retaining thelr wot her ustial new runmmep gee A hero tall and swaggering, Thin personnel #o various bee Lilet aia word “soup” puckers up your lips In |and the boy © new suit, ang Wheee salary lo staggering With pay-cheeks smuleifatods maiden eeu oe too inviting a manner.—Dean Mary ¢ a million dotiars m ne v A heroine whone pay is nothing lem; Will jump the cost a half a million al ‘ a,),| Hows Porter, Northwestesn univer-| suit and overcoat* WT 1 a oy 4 ‘ more . t W. LANTON, 6020 12th | jing, You » “ Lod Ten thousand “supes” or there q eema to me It might 2 4 8 man? on how ego mniaa Sl mon ona, wouldn't it?| . i ‘ ow come 4 about With all this gold they're Javinh Meee considered it] Lae eem tive ¢ the day when | clothes? Did someone tet Who rush and surge and tear ing ee ae 18 will be the « y Bhool ase one certainly Aid, pee about Thin feature whould be ravishing Rave a LENA limit.—Frank V mpson, Boston f And play the part of soldiers or @ But it’s an awful mens, and so re-| MICH. ©. M. HUICD, 3061 20th ave.) gehoo! superintendent " mains; 8: "My middie name is my maiden a Se A he f ladies glamorous Because, with millions sunk in it{hame. 1 think that’s the beet WAY) oe Loren way to world peace | re As sirens who enamor us : wie and scenic junk in jt, |t 40 It a is world prohibition.—Capt. Ruch wite fairly And use but litte clothing for the They didn't use ten dollars’ worth| R. J. WHEELER, 71! N. 876t | pond Pearson Hobson, American na and, as for bf job of brains! “No, 1 don't believe in it, How did) vai nero oie certainly pap . you happen to call me up? What ee out of my minery.” = jo you do—pick out people in (he) sgental disease ix on the increase.| Their store is at 207 Rialto Bigg, phone bool Dr, Flavius Parker, mental phys Pes MIS, H. A, JUDKIN 6 17th | cian ave. N. Wi: “What are asking see me? Bang! (hangs up telephone ©) A beneficial moral effect tm lont, | ceiver. both on culprits and spectators, | 134 77th] When judges do not wear gowns, KENNETH THORSEN Willian Howard Taft at: "1 don’t think that way | . Neve President Hard . and I think he in o the Irishman who} When | Never say“Aspirin’ without saying “Bayer” | i} and all bis works, | lache, Neuralgia, Rheumatiam, Kar- ache, Toothache, Lumbago and. for | Pain. All druggists well Bayer Tab lets of Aspirin in handy tin Boxes of | 12, and in bottles of 24 and 100. As-| Warning! Unions you see the name —_— ? “Bay on package or on tablets, you are not getting genuine Aspirin | prescribed by physicians for twenty:/ Take Aspirin only as told in| Manufacture of Monoaceticacidester | the Bayer package for Colds, Head-| of Salicyticacta. Give Mother a rest / with Tomato Sauce Mother may be young or Mother may be old—but three times a day, 365 days a year, the question of “What to eat” faces her Mother’s meals are always the very best meals in the world. - But for fifty years, skilled ex- perts in the spotless Heinz kitchens fave been making good things to eat—as pure and wholesome as the good things made in Mother’s spotless kitchen at home. Heinz Baked Beans are baked the way Mother bakes them—in real ovens. The real bean flavor preserved by this One. of oY, with regularity. method blends deliciously with * the distinctive tang of Heinz famous Tomato Sauce—and the result is complete goodness. A thousand and ninety-five meals a year! My! that means alot of work for Mother! You’ll give her many a restful hour by eating Heinz Baked Beans. But first of all, you will like the beans—like them so well that you will never tire of them. Eat them often!