The Seattle Star Newspaper, December 7, 1921, Page 6

has been organized. efficiency. The Northwest Products campaign has made important progress during the year or two it However, it is yet far, in- deed, from anything approaching 100 per cent tle an industrial center. ought to lend. THE SEATTLE STAR facturers, the bankers of Seattle are not doing all they could do, and should do, to make Seat- The banks do not lend the warm support either to established indus- tries, or to proposed new. industries, that they They are too “tight” with loans buy a competing Eastern line, when that East- ern line is energetically and consistently adver- tised to Seattle consumers and their own line is not. THE JOBBERS. The manufacturers charge that Seattle wholesale dealers do not give local WEDNESDAY, DECEMBER 7, 1921. sist on getting Seattle and Tacoma and Everett- made goods. They don’t understand that a dol- lar so spent will stay here and eventually return to them, while the dollar spent for Eastern goods will pay taxes and wages in New Jersey or Illinois or elsewhere. They don’t get the y F ba : p P q Pact the re of equal Bu When it does reach, say, 95 per cent efficiency for legitimate manufacturing enterprises. What ‘oods the square deal to which they are entitled. fac t that seane, ae: our Bagge sic Bet ais er | >» —in other words, when we people liying in the is equally serious, the bank officers do not step hey say that the jobber will buy a carload of qua ity, ae ; om Ae phe ie ole oo © ~ Pacific Northwest buy goods made here up to 95 out as business leaders—and they do not even some Eastern line and a few cases of an equally —_ of them far ; Y f cent of the possibilities—then Seattle will respond enthusiastically to other leadership. good Seattle product, and then will instruct his as low. : : a city twice as large as it is at present and THE MANUFACTURERS. Three-fourths salesmen to push the Eastern ogee in order to In other words, we iy A ig a ia “ed F osperous to an intense degree. of them aren’t “sold” on the merits of their own t rid of the big meer a 7. ae, snes ny Ay Fg fully, at least. ihe ‘i ' Right now_the big shortcoming is lack of products. They don’t use salesmanship. e local goods ap ‘_” o wes jo teste os only playing - it. But we ond meron , age : ) team-work. We are nearly all of us “falling They overlook their best and biggest market— he can promptly get more y q y we're going improve fas . e are : ” : Pop M iy m. They don’t advertise intelli- wants, going to make the Northwest a great manu- : “down” on our own job. For instance— . their home town. he lon’t adve: dente bs di toring district, Th lies deste . THE BANKERS. According to the manu- gently. They wonder feebly why Seattle people THE CONSUMERS. They don’t buy and in- facturing district. ere lies my. - SOHOHSSESSEHSHSOSSESSOSECOEE : a { ° ha : © ta LETTERS TO EDITOR |: MAI IR F| * . The SeattleS Fi By mail, out of efty, tee per month; 2 mentha #1.5¢e6 months, 0R15; yoan : ‘ $5.00, in the state of Washington, Outside of the state. 8c per month, The Story of Carol Kennicott : a rier, city, $e & month. where seen that stated an a fact—T sr a Asks Bankers Some Questions —_[Friiniy never mas any much nate BY SINCLAIR LEWIS . FAltor The Star: as hint of what it is when they at-/Mment—but while the stock of local Copyright, 1820, Harceurt, Brace & Hews, Ins. pe tempted to reduce the wages of the | Danks Is held locally (unless hypothe ° e b4 In your issue ef the 6th tnst., | tomo’ cated with Kastern banks, which, {f | @@@®00000000000000000000000000000000000000008000080 La or’s ig t to ult Maude Sweetman indulges in| Under 408 and raise the salary of | sacl Wik Tune ppear of record jcdiitasiia eel Wlbtintiags' (detuah dia w the big fellows, * p en let ‘ & mild criticiam of the county a4-| 1, myself, drew the attention of rep Rgven Biyen sie my uae CHAPTER XXXII ven was gene ‘The righteous be ministration, But why not go further | different members of the council to 1 widow glared, ban, into the housa, of th Eastern banks are impresmed upon t ke: t her bor an industrial society such as ours, the strike, the lockout and the boycott 6 : 45h Gnmiibe Ge atty stumieuasen some of thé doings g ha depart eutiyine banks allover the country | | Caro meen th ek pore tight | marched sway. By a See eee og . o uch an influence, subtle and hidden | ening a on the "8 gO . Bt af place Sad ae diet ian re ae i ee acenisclna, ta rec. | teil mane, ber wens bev ec |shaon ory ndwinistace we ave the may be; may arse toa granee| thie Sunany “afternoon,” ‘Tara as| SM ttstttatt at sae Mt ion, to rec- extent than even a banker of 26| open window of the Bogart house al of politics, The same disposition to reasonableness, to conc 5 things san be Stu end. wih Git9) bad en T etme here 2) years awe | SEEM Ciee Sve einen’ I am|cne beara"h aorestniaar toca pane | evens OF the rest Of Gopher Prak a her idea of how far the ramifien-/in 1895 the late Kobert Bridg | ir She saw Mrs. Bogart the of the other’s point of view, the same provision of fair and recognized tri- tSennot Gin Mur cei aak taet cnc GOee chad othath paretaee aut Sele cure thet wires « letter te re Bogurt's haggish voice: Meginak: Weta, thas the Cane ; : - cetved by any local bank from Mo te ae . thi aid why e ought to make it possible to solve the one set of questions as [and brasen things are carried on. | workd for the establishment of the|colved. by’ any local hank from a) | =. 24 ony ete iaetn ne | akin eappettions aa chs rekcty tee $ Processes, Having been one of the employes| civil servic, thinking to imp y ying Ki 8. Th ‘as the other.” of the city myself, I know what 1| he administration, but it has simply | Policy, or forecasting one with *ug- lin my I heard of such . . ./ring, and greeted her, “Well, well, al as ia m am talking about. But what is the| become another willing tool of the |@#tionw that it be followed—well! I| never had nobody talk to me like| how's the g00d neighbor?” u read three times the above paragraph from President Harding’s message to (12, “Wich sicction comen the naine|ring, Bo what's the use? Might as|fancy the local bank receiving it willl... walk in the ways of ain and! ‘The good neighbor charged inte in t with him. old gang is again elected or ap-| well may nothing, saw wood and pay ye doen Bros Bg and take egg 1) nastiness leave your clothes|the living-room, waving the most 7 & T. B. dont go ras to my Hastern | p % id bh i that’; is of black kid gh A cst con st antiphase eealy oh nec? note | ee Se tee halal ea pln pe i en, a e ” e mand” outside banks to subseribe to) your lp or I'll call the policeman.” be «| may well ask how Tam! I it ought to be possible to settle questions involved in the strike, the lockout The Little Fellow’s Pay foreign bond Issues, but they make| ‘The voice of the other interlocuter| really do wonder how T could go : z ‘ “ their “ruggestions” «0 “attractive” | Carol did not eatch, nor, tho Mrs.|thru the awful scenes of this day— r boycott, as easily as questions of war and urmed revolution. It is just that easy | Md00. TM it ive tact that whan-|the sole, purpose ot talstending tne| that they are usually followed—if| Bogart wax proclaiming that he was | and the impudence I took trom that 7 ¢ eames " 4 to thx if true, Jt | Pt always to the full allotment, hen | her confidant and present assistant, | woman's tongue, that ought to be P D easier. ees So ny tatenunredion oo pif) bermscei date ae dws Hed rue. /h |for an much as they ean absorb and|did she catch the voice of Mra. Bo.| cut out—" 7% ‘ ™ distribute, garl's God. “Whoa! Whoa! Hold up® roared Nothing hinders digestion like worrying over |Siwase tne sue fellow who gets the|apecion “PO SF SYST) 1 quits agren with “Bank Man”| “Another row with Cy, Carol in-| Kennicott. “Who's the huney, Sister : - as to “municipal inefficiency.” That | ferred. Bogart? Sit down and take it cool po range git wcomuay Waele fool an Wn cae A nhl rboonged pe in one condition at least for which palit? trundied the go-cart down the and ‘ell us about i.” § tela ielihiiiaapetemmiags . ‘ik steps and tentatively wheeled| “I can’t sit down, must hurry * at that level. our wage question? The queation ijs|# banks are not responsibie, . ‘ A bird in the hand is worth several dollars. The city employe, as an employe mot what ts done in the ast or in As to competition among banks: i scroas, the yard, pewed of ber se-/beme, ut I coulin't Gevets mrete ‘ —— occupies a peculiar position, in the South, but can @ man in Seat! There \neae walk. Bhe saw not Cy rt but| warned you, and heaven knows 1 ’ ‘ MF him- . provide mid|city who have not at one time or d Boga: ‘ you, We favor open winters openly arrived at. Six’ om "to‘vark ot him | Zip" wit the areas anether (when mching new and more |For Muling, carrying a tuum, | Gon expt any thanks tor eying tor her Fights is advisable even if | Thore ls @ group composed of mon | according to & white man's standard, |favorable banking connections) been | HUTY!NG up tie street with her head | to warn the town againat her, there But we cannot accept the Kan more than business | 0, from all appearances, are intel | with less than §150 a month? In|confromted with the | statement) 2 (0, buttery arms akimbo,| that folks simply won't see or appre- bist sas plan as a solution. or ig ligent and normal, to whom we are/ spite of our statisticians 1 tat ey te Dale tet oem of nie | yammered after the fleeing girl: | clate your trying to safeguard them ‘ reasons, ©; | ft a 2 . Brought down to its basie prim opportunity to throw in their weight| Sovohd. ta thd clty of Beattie, ax |ioun,” or words to that effect, and it] “ANd prelipt se pet liga Ayped pi pe Mogaeans yom egos ‘ ciole, it means that the American People who Jump at conclusions 0 have our wages cut So eine [an crmplover and ag an American 10 | jens as to compete for it tike “paw! |"e04 the drayman for your trumk.|the time I've seen her doing it, and, } courts are te given power get the wrong enca. very breadline, prese atitution, tf oblized “ My house has been contaminated | thank heaven, she was found out in ? ‘he the | ing fishmongers” they can cet plenty compel men te werk in mines, on hoon, tuey, advance statinice, trom |qucsuons to be solved, And n'a city (ot business from among dingrantied |!0D8 enough. Why the Lond should! (Turn to'Page 11, Column 1) _ gy railroads, in bakeries, steel mills, astern cities; they pretend that in| where there is so much talk about | Customers of their competitors. There tien when there is 6 ate the not is no lack of demand for money from | P&Per #nd securt ben with banks; if there is sentences, barber shops and os net, Beattie certain firms pay lower Amertenatany cae ones he Be 28, ~ el seaagecd ges Pinger ond ™ [heavy unanswered local demand? If|s good reason, thon the banks should contre against thelr denire wages. timate | concerns struct! lerprise | nore is a gued reason present |at ones begta to locess eite labor.” Gist conmnies sae aoucly Te the first amertion 1 wit say |cause to ihe saustaction of all con [OC good eredit where allsuotory | Urra.s * Fe‘, arena gon prag | aula atanames to oat | Harding's «un-American, bat inhuman, te that it is @ welbhknown fact official | cerned. JOHN J, HEINEN. beg ge yey Bae pe nnity back | NE OF threatened dimster—the pub- ‘Very truly yours, Groait or secur le may be depended upon to co-oper- THE RINGMASTER. each step that plan. R ° Not of Joans these times are not factors the rights Until the courts can be given Banker eplies—Does Answer |osne tanks simpty win not loan lo. caught the ‘right, at the same time to Editor The Star: men know this and they also know [AU os tho fieaniihe ot biainn when cap- compel employers te employ men The temperate letter of “Bank | that while they are denied credit, o-| 1 Belleve if the bankers it he Man” in Friday's Star calls for an subscribing to pract{. |flly real jon! oes . men war. _ whether they wish to or not, or equally temperate reply. ig inaue Of bonds that ix | felt about them and oats po! a we wi pro- to forbid their discharging men, The Ringmaster answets only for|broucht out and to every issue of |WOUld #00n nee a mend in conditions, trans whether they wish to keep them himself and writes his views only./commercial paper offered by the but the banker—like the car ogg individuals or not, this ether new right can He has not, perhaps, been buried in-|iarge Eantern concerns. Quite natu: |the last to hear the wonndal. His himself bevel ona. side of @ bank for 25 yours, but his |rally they demand an explanation. |Cuu'omers, fo long beholden to him met be conti — experience along these lines is #uffi-| It seems to me that it Is little abort |Snd fearing to offend lest present ; ‘ iy weal sient to enable bim to have a fairly lot a crime to perman industry and pen a Eon gti ce gdb 9m pat fi d 1 Bili Li Tt mast be great to be so rich Dear = intimate knowledge of the “insides” |constructive enterprise to languistl | Modat » oy icin, vou have to poy your bills. The papers shriek that this le Edt] oy vin noni inatitutions. It Is posst-|locally while buying outside escur Jeine with @ mile ‘but docs not fail For Constipate Bowe iS tous iver cation week; It's getting quite iy ot ‘ble that “Bank Man” has been on the |tiex If local business generally ts |? discuss the situation tn no un- to _know the many Weeks” jinmide ®o long that he has lost his |in such bad ahape that its: credit is |™eesured terme with his fellow suf- as come and go—I'd like to meet the *4P | rspective—is unable to appreciate |weriously impaired; if the banks of a e ‘The nicest catharticlazative to|tonight will empty your bowels com- Antel: that claims to be the nut that s1¥@8 11, Gutsider’s position. the community have lost faith in ik Man’ bg Soe answered the | physic your bowelg when you have (pletely by morning and you will feel ope therm names! ia The Ringmaster has no perwonal| local enterprise, or if they anticipate |sriticlems made. What is the reason | rang Biliousnese ene. “Tier werk: walle fem: writers my “Fast as | We soon will have to add. I fear! auarrei with the bankers and, a8 /some catastrophe—an avalanche of pth tm ge cingdns ef oct Pos uy Colde Indigestion sleep.” Cascarets never stir you up ”" That's slew. A /& few more weeks to every year. © |*Hank Man” says, he bedieves them |withdrawals—then they are justified CA! banks not availed themselves of Sour Stomach [°F Etipe like Salts, Pills, Calomel, Fa Canada ae to be just as honest aw is, but he jin their present attitude, but they ton, else adopt the ancient ways bse he th oe ee pera Reserve or Oil, and they cost‘only ten cents in his ‘and all the saints were given ay, vee here in Seattle and hopes to) have not indicated any such condi-|>8>k? ¥ do they invest in outside | is candy-like Cascareta. One or two|a box. Children love Cascarets, tod, antelopes sate and those left out will have A neck (nee the etty prosperous and solvent, |tion, and until they give some very them easily. Leet solaco in an “All- Vecks' and it is his firm eptalen, thnk the | good reason for shipping money ort and airplanes sre eck.” Present policies of local nks are lof the country while refusing credit tut ‘sesdhtttesl animale, ae, vl a Tm ine: ao ype not fair to local enterprise and that |locally they muat expect eriticiem. place our education y th direct! naible in al Another thi which “Bank those of nature. [think it fine to hear that this Is! very jars, tot umaband loin PD gy Ap yee ie visitor without risimg; and | ‘the king asked him, “What @o for you?” replied, “Stand My sunshine.” 2 in said to have re| “Were I not “Alexander, 1| fene in faith, than to be bril- eynical, ke Diogenes. “Education Year”; for Time has turned a noble page, and this is Ed ueation Age! But here's the rub, It seems to me jour education should be free, that Tom and Bili, and Jim and Dick, re gardiess of the dads they pick, can choose and carve thelr own career, for all “are free and equal” here. Why fill our schools with saps that shirk, denying him who wants to work? Why ask them, “Have you coin to burn?" Instead of “Do you want to learn?” Why ia it, every: where you go, the entrance test is mostly dough? Let's fix it 20 we all can see our children's education free; that rich {and poor, and high and low, may give their kids an equal show; and smooth the paths that now are rough, for those who haven't coin enough! Giritge Nonn > was @ kind of soured Socra- f . : rienty. ea tones" ¢e { a your A wiser man than he wrote that “her merchandise is ster than the merchandise of sil- F and none of the things thou st desire are to be compared to are limits to what a man with his material wealth. He y buy ten automobiles, but he can. \Fide in more than one at a time. ae May order from his tailor a n coats, but he has only one May direct his cook to prepare for 20 men, but he can eat man's portion. Years ago a man reputed to richest in America gave a to his friends. They feasted } 00d things he prepared and : cra »Bo ok WALL STREET BY JACK FRASER ‘The Grand Canyon of Commerce, Stone buildings and granite faces, Silk hats and shattered nerves. Curbs of uncurbed greed. To the winner—heaven, To the loser—hell, To the clerk—10 to 3, very large measure for conditions, and that thond policies, if justifiable, are so far not accounted for in any satisfactory manner. The Ringmaster is no socialist and letters to The Star that justify any such statement or conclusion, but from the broad viewpoint of com tunity interests he maintains that local banks, being dependent upon jlocal industry, as “Bank Man” ad mits, should prefer local enterprine over outside concerns when it comes to loaning money. In other words, that as long ag money can be loaned locally at falr rates of interest on a |safo basis, it should not be shipped East or to foreign countries. It is a fact which no well informed man will deny that local business has been denied normal credits, and in face of the published statements of Seattle“banks that #how, if they show anything, that they have ample funds available for loans, Business Man” does not touch: Published bank statements show that the facill- tes of the Federal Reserve bank have scarcely been touched by local |banks, so if local business men are there has been nothing in any of his|good there lq no reason why they jshould be denied the credit offered by the Federal Reserve bank thro the local members of the Federal Re- \werve. That is just what the Federal Reserve act was drawn to provide— An elaxtic currency, a means where | by trade and commerce could be ex- tended thru rediscounting. Of course tt is prudent bankfng | practice always to have a “secondary reserve” thru investment in readily convertible paper and marketable {bonds, but this should be measured largely by local demand and em- ployed ax a means of using idle funds at @ profit rather than to make a business of it at times when local demand is active. As to the control of local banks by Eastern influences: 1 hi Never say “Aspirin” without saying “Bayer.” oth ame ot the tone swecwong tie neared of echo WARNING! Unless you see name “Bayer” on tablets, you are not getting genuine Aspirin prescribed by physicians over 21 years and proved safe by millions for and he eat at the head of » eating a bowl of crackers ik, His physician would not it him to eat anything elon money would not buy him good A temple by day, A tomb by night. Wall Street—the public's dream. n " Colds Headache Rheumatism She Teacher ne uch mt in ‘ Try This on Your Wise Friend Toothache Neuralgia Neuritis : dis constantly. Its ba ow can you select one certain man out of ircle of Earache mba ler defaults. An taetent vive! | 21 by counting out every seventh in the circle? saueaad Le g0 Pain, Pain the truth ‘ ca sie oa hn Ving ES Answer to yesterday's: 100, He stopped only 47 times, Picking up Accept only “Bayer” package which contains Proper directions, 94 passengers, the last stop being at the end of the line, Handy ti Pr ona lg po fag | 4, a Lawrence, city Pass. Agent | “ Pesne) eset fs -ed i i. a- Washington t regon-' ara Yo‘ use alana Sables; Beton of 26 and, 100-—All arupgiat. ‘Telephone Hillect 6590, Rtas Washington, Deve! a a ¥ - , . ) *® Be - a Mepeent it eine een =