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The Republican Journal Belfast. Thursday, August 4, 1921 PUBLISHED EVERY THURSDAY BY The Republican ]oumal Pub. Co. A. 1. BROWN. Editor. ADVERTISING TERMS. For one square, one inch length in column, 50 cents for one week and 35 cents for each subsequent iosertion. Subscription Terms. In advance, $2.00 a year, $1.00 for six months; 50 cents or three months. QUOTATIONS "Some people wt o are inclined to crit icise their neighbors should step aside and see themselves go by.” HOW RICH ARE WE? The belief that the United States is the richest country on earth is world wide, and this belief is probably well founded. A year ago last June a prominent Eng lish financier, in an address read before the Bankers’ Institute, London, estimat ed the entire wealth of this couutry to be three hundred and fifty billion dollars, and that of the British Empire was about one-third that sum. These estimates were based on the after-war money value of the two countries. The war inflated values in this country and deflated values in all Europe and it is evident trat the above estimate of our wealth is too high and that of England too low. In 1912, the Census Bureau estimated^our wealth to be one hundred and eighty-seven bil lion dollars, but there is a very larg; amount of intangible wealth in this coun try which the census failed to discover nd it seems safe to say that in 1912, the mount of all the property of the United States and its people was not less than two hundred and twenty billions. The be lief prevails that the United States has largely increased its wealth since then,but we do not share in this belief. It is true that during the period from 1912 to June 30, 1920, our exports exceeded our imports about eighteen billion dollars, but we had losses. Mr. Houston, Secretary of the Treasury during the latter part of President Wilson’s administration, said that 524,010,000,000 represented the “ad justed” expenditures of the Treasury for the actual prosecution of the war from April 6, 1917, to June 30, 1920. We do not know how many war claims have been “adjusted” since then, but it is a fact a few weeks ago Mr. Mellon, the present Secretary of the Treasury, set tled with Great Britain for the transpor tation of our soldiers and paid $32,000, 900, the balance of the account due, and we presume he has paid other large bills. W’e have loaned nearly half a billion dol lars ,to countries which will never pay a cent of either the principal or of the in terest. We have donated another half billion to the famine stricken people of other lands. The government took over the management of the railroads and spent a billion dollars in tiying to oper ate them. W’hen taken over the roads represented a property investment of some nineteen billion dollars and today that investment is worth not more than eighty per cent of that sum. There have been hundreds of other property losses, some large, seme small, but in addition to everything else is the indisputable fact that during the war, national advance in the prosperous paths of peace were at the dead point. Individuals and corpora tions, thousands of them, accumulated wealth during the war, not so did the na ion. Whether we fought to "make the world safe for democracy” or to sawe our skins is not i nder discussion here. All will admit, however, that we did not fight for more territory nor for an in demnity, and we are not going to get any of either. We must stajid our losses, and some time we mustjpay what we owe. The nation, the State, the munici palities, the corporations and individuals must pay or go into insolvency. Given in round numbers our national debt is $26,000,000,000 The iota! debt of our forty-eight States is $1,600,000,000. The bended debt of our railroads is $12,000, 000,000. Our cities having a population of 30,000 and upward have an aggregate debt of $2,000,000,000. We do not know how much is owed by the smaller cities erud towns. Neither do we know the total indebtedness of industrial organiza tions, electric railroads, power compa nies and other corporate borrowers, nor the debts of individuals, although census figures just issued show that farm mort gages amount to $4,000,000,000. The above figures total $45,600,000,000 and it s safe to say that the debts if the indus trials, the electric, power and corporate borrowers will swell the total indebted ness of and in this country to nearly or quite $60,000,000,000. MCADOO AND BAKfcR OUTDONE The Shipping Board and Emergency Fleet Corporation was created in 1917. On June 30, 1920, a report covering its three years of existence was made up, hut it was not made public until six months later. The financial tyart of that report is before us and it stktes that at different times Congress made appropria tions for carrying on the operations of the Board to the amount of $3,213,217, 'i 10 and the Board spent every cent of it and $837,529,756 more, a total of $4,050, 746,866, on an average more than $13, €00,000 in every working day during three years was expended. j The revenues from operations and sales ol ships were reported as beipg $1,148, 928,155. The expenses of opeVation and ;3Qst of ships sold amounted to $1,662, 294,204. Here was a loss of $613,366,049. educt this from the total amount ex pended and there remains $3,537,380,817 to be accounted for. The following sum mary discloses what the Shipping Board had to show June SO, 1920, for the enor mous expenditure of public money: Vessels owned $2,670,612,755 Real estate, Bhip yards, oil stations, etc, 158,895,243 •Other constructions, 69,604,977 MfJfflEDT !n One Month,"Fryit-a-tives” Gave Complete Belief 608 First Ave., Troy, N. X s “I have been a great sufferer lor years with Kidney Trouble and Constipation. I tried ‘Fruit-a-lives’ about a month ago, and with almost immediate results. The Kidney Trouble has disappeared and the Constipation is fast leaving me”. HENRY DATER. ‘Fruit - a - tires’, or Fruit Liver Tablets, the medicine made from fruit juices and valuable tonics, is doing a wonderful work in bringing health to sick people. 50c. a box, 6 for $2.50, trial size 25c. At dealers or from FRUTT-A-TTVES Limited OGDENfcBERG, N. Y. Supply ships, ships’ stores and material, 143,400,297 Other accessories, 3,360,912 Accounts receivable, 293,792,558 N otes receivable, 70,248,537 Cash and cash funds, 96,547,95! Investments, 30,917,587 $3,537,580,817 All the above except accounts receiv able, notes receivable, cash and cash funds and investments are,not listed at their value June 30, 1920, but at their actual cost which was more than three billion dollars. No balance sheet has been made up for the fiscal year following June 30, 1920. Mr. Lasker, the new chairman of the board, appointed by President Harding, has 200 auditors at work on the books and they have been unable thus far to de termine what the losses of the last year have b een, owing to the lax and imper fect method of booking which the Board allowed. Speaking to the President about this, Mr. Lasker said: “Had the books been kept with the view of cheating and deceiving Congress and the country,they could not have been kept in much differ ent shape than they have been and I measure the words I am saying. It has almost worn me out physically and men tally to get anything from the books ■ that could be regarded as complete.” Mr. Lasker estimates, however, that during the last year the Board spent about $680,000,000 and that the net loss of the year’s operations had been more than $200,000,000. The admitted loss during the first three years and the esti mated loss during last year amount to about three quarters of a billion dollars. The Shipping Board now has property in charge acquired by paying war time prices and some of it at cash plus prices, to the amount of nearly two and a half billion dollars. If Mr. Lasker succeeds in disposing of it at half its cost he will do well. In wastefulness and incom p etency the Shipping Board has out footed McAdoo and distanced Baser. BETTER READ THE RIOT ACT. The workmen in the plants of the In : ternational Paper Co. in Livermore, Me., and in several other places, went out on a strike a few weeks ago. In some of the mills the company tried to employ strike breakers and there has been some trouble and it is feared there will be more. The Livermore Falls Chamber of Commerce sent a telegram to the president of the International asking him not to send strike breakers there and his reply was: “We will not tolerate interference, that j we will employ directly the men that we i desire, and we will hold the town respon sible for disturbance of peace and injury t o persons and property. It remains to j be seen whether the Chamber of Com merce stands for Bolshevism.” A similar telegram was received by the Board of Selectmen of the town. This matter has become more than a wage controversy'. It has resolved it self into a contest of the open shop against the closed shop. The president of the paper company evidently intends ; to invoke the law. The law of the State of Maine penalizes'assault, unlawful ; assembly and riot and makes the munici pality liable for damages caused by per sons unlawfully and riotously assembled, when the damages exceed fifty dollars. If the strikers and the selectmen of the town read the law carefully we do not think there will be any very serious trouble at Livermore Falls or anywhere else in this State. The Federal Executive d epartment of the United States are made up of the President, 10 cabinet officers and about 200 boards bureaus, commissions, com mittees, etc. It is the duty of the Gen eral Supply Committee to purchase all t he office equipment. Notwithstanding this fact it has been the general practice of all of the departments to buy these supplies in the outside market with iittle or no regard to what the Supply Commit tee might have on hand. A new depart ment, the Budget, has been created. Mr. Dawes has been appointed Director and he has decreed that supplies are to be furnished only when actually needed and only from the Supply Committee. Mr. Dawes has also ordered every bureau to make an inventory of its office equip ment and hand it over with such surplus supplies as it may have, to the Supply Committee. There has been a wicked waste and a prodigal superfluity of office supplies for Washington .or a long time, especially of furniture and typewriters. Mr. Dawes proposes to put a stop to this. Orders have been issued to abandon seven of the training camps established after we entered the war. The real estate will be retained by the government The buildings will be salvaged and be trans ferred to other camps. The work of re ducing the army to 130,000 men will be finished in a few days, 70,000 men having asked for their discharge. The Secretary of War is not a slacker. Here “Seest ' thou a man diligent in hia business.” Off to Baffin Land (From Knox Messenger) Dr. MacMillan has left Sydney and on his way to the far North will skirt the west coast of Newfoundland northward to the Straits of Belle Isle, visiting Battle Harbor, where one of Dr. Wilfrid Gren fell’s hospitals is situated. Then they will push north again along the coast of Labrador to Cape Chidlley, crossing to the southern end of Baffin Land, on the first leg of their final objective, 75 miles north of Cape Chidley. They will follow the west side of Baffin Land north and locate a station at a point near the mag - netic Pole, wintering there. They will then take observations and procure scientific data regarding terres trial magnetism. Picture them there, in this land of semi-eternal twilight—6 long months with never a sight of the sun They will measure the distance to the various plants. Dr. MacMillan has also in mind the securing of data regarding electricity in the air, in order to strength en the opinion of experts who think it possible to draw electricity out of the air. Dr. MacMillan says that one can hear the electricity snapping in the air, the atmosphere is so full of it. Soon after arriving, a bouse will be erected on the shore, but Dr. MacMillan and the crew wilt live aboard the Bow doin. Everybody will sleep in the for ward cabin in order to save fuel. The ship will then 1 e housed over with lum ber which they took with them from Boothbav. About 7 feet of snow will be piled on top of the structure. She is housed over thus after a suitable place is found to be frozen into the ice which will form around her in a solid sheet. In or der to withstand the pressure of the ice her hull is sheathed all around with white oak planks, her frame being built as stur dily as that of a 3-masted schooner. She has an egg-shaped underbody so that the pressure of the ice will force her up out of the water instead of crushing her. Over the oak sheathing above the water line is a 3-inch sheathing of Australian green heart, which is next to lignum vitae in hardness, just as Peary’s Roose velt was, and a wood commonly used by whalers. Ice cannot splinter this adam antine wood, but only serve to polish it. Around the bow she is protected by iron bands. She has a 2-blade propeller, which may be feathered and protected from the ice as she passes through it by an excep tionally broad stern post. Dr. MacMillan is his own wireless op erator. They carry a transmitting ma chine, but have no receiving apparatus. When the Bowdoin made her Boston trip those on board got the news of the Dempsey-Carpentier fight when they were off Egg Rock, and picked up mes sages from France. They will receive by wireless the noon signal, by which they regulate their chronometers, which is sent out from Ailington, Va., daily at noon as well as 11 p. m. The coast of Baffin Land, which they will explore, is one of the few uncharted regions of the world. They also intend to push inland to Big Lake, which, Esqui maux say, has never been seen by white men. In addition, specimens of rare birds, flora and fauna of Baffin Land will be collected, and deep sea soundings will be taken. This schooner carries a crew of seven men. Jonathan Small, the hardy mate from Provincetown, Mass., was formerly with Dr. MacMillan on his 4-year voyage of discovery in Crocker Land, when he went to find what Peary reported as a new continent, but which turned out to be but a mirage; Thomas McCue, the cook, is a Newfoundlander; Dawson How ell, a graduate of Trinity College, and R. H. Goddard, Dartmouth, 1920, were sent by Carnegie Institute to secure scientific data regarding terrestrial magnetism; j. H. Robinson and Harold Whitehouse complete the crew which, owing to limit ed space could not be larger. The Bowdoin is probably the smallest vessel ever used for such work. She measures 88 feet overall; has a 20 foot beam; draws 8 1-2 feet of water; is knockabout rigged like a fisherman; has a spoon bow and an elliptical stern. She carries two extra heavy anchors and four small boats, has a sailing canoe and two dories, the latter being what they depend on to come back in should any misfortune overtake their vessel. Should they lose their dories, they would have«to make the trip back by komatiks, or dog sleds, provided they reach shore safely. It is thought, wisely it seems, that a small vessel has a better chance to make its way through icebergs where a large one might be caught. They carry on board supplies for two years, although it is possible, unless they get caught in the perilous Fury and Hecla Strait, they will return in one year. They expect to visit Etah on the west coast of Greenland and journey inland by komatik. They will live largely off Arc tic fowl, ptarmigan, etc., for these re gions are the greatest bird breeding grounds in the world. It is not likely that any member of the expedition will care to take advantage of the hospitality of the Esquimaux for their igloos, or huts, made of sods, are exceedingly dirty and vile-smelling; these Esquimaux live in tents called tupiks in the summer. Dr. MacMillan will use, however, auite extensively, Esquimo canoes made of stretched hides, called kayaks. They hope to bring back many specimens of birds which the doctor will stuff himself, as well as polar bears and walrus. WATCH YOUR STEP In life’s subway have a care, Watch your step. Danger threatens everywhere, Watch your step. If you’re young you’ve much to learn, If you’re poor you've much to earn; If you’re good you've much to spurn, Watch your step. In the crowded streets of life Watch your step. There is peril in the strife, Watch your step. If you’re old you've much to tell. If you’re rich you’ve much to sell, If you’re bad you’ll go to—Well Watch your step. MT. BATTIB MEMORIAL TOWER. The Mt. Battie Association, composed principally of our summer residents, has completed the Memorial Tower on the summit of Mt. Battie. It stands where the old Mt. Battie Club House stood, and is modeled on the old Round Tower near Newport, R. I. Owing to the fact that the stones with which the tower is built were placed weatherside out to give it an ancient look, it has the appearance of be ing about as old as the Newport tower. The architect of the building is Par ker Morse Hooper of New York, one of our summer residents. The contractor, who had charge of the work, is Andrew M. Tolman of Camden, and Charles A. Wood and Gershom Walden did the ma son work. The tower is built of stone and cement and the whole is a wonderful piece of work. Iron and concrete stairs lead the way to the look-oil above. There are three open arches on the side towards the ocean, and three false arches on the northwest side. The latter gives shelter from showers that may come from that direction. There is a concrete bench against the north wall. The total height of the tower is 24 feet. The height of the look-otT platform is 19 feet, being same height as floor of the old Mt. Bat tie building tower. A memorial tablet of bronze will be in stalled in August in honor of the men and women of Camden, who participated in world war work.—Camden Herald. LET'S HELP THE GOOD WORK. (From Kennebec Journal.) The reports coming in of efforts which the State authorities are making to en force laws governing motor traffic in this State are encouraging. The need was apparent to every sane person. Ordi nary safety on our highways was fast be coming a thing of the past. Had the conditions not been so menacing they would have been ridiculous- The arro gance of the haughty chauffeur of the big car, exercising his position to the utmost for display of his petty importance and running wild without consideration for anyone, would have been amusing but for the peril of it. And he was not the only rampant and obnoxious absurdity misusing our highways; the inexperi enced, the reckless youth, the half drunken driver, he whose head, never level, was filled by the speed mania, all had a share in the orgy, for that is what it was. It became a State- wide nuisance and threat. It should not be longer tol erated. It is humiliating to think that it has been permitted as long as it has. If continued, it must inevitably serve to keep people from use of the highways except in cases of absolute necessity and so would prove an injury to the makers of cars as well as to others. Many will note with approval that the overload on the truck is being taken from it and left beside the highway. Trucks so loaded are ruinous. The c>tate has not and is not in a way to get the money necessary to provide highways for conveyances so loaded. The law is plain. No mercy should be shown. And do not forget to say an encouraging ' word of this work which the State is do ing. It is, in the last analysis, in the in terests of all of us that it is being done. Let's help all we can. DEEP SEA TALK Judge Shark—What became of the dogfish prisoner, officer? j Officer Lobster—Er—he escaped, I your honor. Someone handed him a' sawfish. SLOW DEATH Aches, pains, nervousness, diffi culty in urinating, often mean serious disorders. The world’s standard remedy for kidney, liver, bladder and uric acid troubles— GOLD MEDAL bring quick relief and often ward off deadly diseases. Known as the national remedy of Holland for more than 200 years. All druggists, in three sises.| Look for the name Gold Medal ^on every box and accent no imitation Shingles Second Clear Shingles at per thousand Why pay more for shingles ! ofjjoorer quality. Cooper&Co. SDCDNY SERVICE! A wide variety of mixtures are being sold under the name “gasoline”. The best way to be sure that the gasoline you buy meas ures up to quality standards is to insist on SoCOny — uniform, pure and powerful. Sold by the dealers listed below. Look for the red, white and blue SoCOny sign. The Sign of a Reliable Dealer and the World’s Best Gasoline DEALERS WHO SELL SOCONY MOTOR GASOLINE BELFAST E. A. BANKS’ GARAGE CITY GARAGE, JEWETT & HILLS, Proprietors W. R. GILKEY & SON HALL HARDWARE COMPANY HARDING & RACKLIFFE LORD & CO. B. O. NORTON C. A. PAUL HARRY E. WALKER WINDSOR HOTEL'STABLE EAST BELFAST l- MASON co RALPH W. PATTERSHALL; FRED A. ROBBINS ISLESBORO COSTELLO M. WILLIAMS LIBERTY WALTER A. YOUNG BANKS BROS.’GARAGE HERBERT C. TOWLE WORTHING BROS. MORRILL CHARLES MESERVIE JOHN F. VICKERY NORTHPORT CAMPGROUND—C. E. PERKINS SATURDAY COVE—F. W. EBERT SANDYPOINT VICTOR A. GRAY SEARSMONT V. A. SIMMONS & CO. NORTH SEARSMONT HARRY C. PAUL ' SEARSPORT W. R. GILKEY & SON C. O. SAWYER & CO. NORTH SEARSPORT ERNEST CARTER STOCKTON AMES GROCERY CO. PERCY L. HUI’PER SWANVILLE NICKERSON & DAMM WALDO L. R. STEVENS STANDARD OIL COMPANY OF NEW YORK R 26 Broadway K “Fine as silk,” is one way of ex pressing quality, but it is true to the letter when you say it of WILLIAM TELL FLOUR because it is actually as fine as the finest silk can make it. Every pound of William Tell is sifted through silk, so fine that there are 21,000 meshes to the square inch. It must go tl rough this silk—not just once, but thirteen successive times. Because^ we take no chance on William Tell being clean and fine and pure, you take no chance in using it for all your b aking. Ask your neighbors who use it. They’ll tell you Willliam Tell. Tell your grocer. SWAN-WHI1TEN COMPANY [)nce Used—Always Used ! [ Makes Ironing Easy Used as cold water or cooked stare rith equally go od results. 3m22 ELASTIC STARCH Children Cry FOR FLETCHER’S CASTORIA W. L. COOK Undertaker Licensed Embalmer License 377. Belfast, Maine. Tel. 61-3 BROOKS BRANCH Christine A. Jones, Manager Pays 4 Per Cent Intferest on savings accounts. Special Notia’ We wish to inform the pub! j are doing business all the time wish to buy or sell real estate of ' we would be pleased to talk wit’ E. A. STROUT Farm ’ ROY C. FISH, Local Managed Room 2, Odd Fellows’ Block, Be - ■ tf47 Reduce Your Wei$ at the rate of 10 to 3T> !'•' 1' ^ month. By simple guar * reliable treatment, ta«s*<' j " . your weight without unim • ' ercise and dieting, aud wi: '1 1; or weaken your system. a for FREE 50c box enclosn^ coin or stamps with thina i - ^ Tassco Co,,Malden 43, ByBtwU' House for Salt1 j at Belfast—5 room house ^ factory. Apply to ORRIN J. Real Estate and Insuram’e' Belfast, Man*