Newspaper Page Text
-"T i'.JU"!., "'HS').
M 16 THE WASHINGTON TIMES, SU?TOAY; AUGUST 17,' 1919. NATION IS WING FOUR-YEAR HARVEST . (Continued from Page Thirteen.) f 2. company that is about to organ ise and sell stock in the State to sonic department of the State government, va&IIy the bank commissioner's of fice, -where itis examined and passed uoon and- a certificate issued or de nied permitting: the company to sell. its stock la the State with the ap proval of the "blue sky" bureau or department. The enactment of a similar national lav by Congress would extend the operation of this principle throughout the United States. Two bills looking to the enactment of a Federal blue sky law already have been drawn. Ohc. prepared by t&e capital issues committee, has been fubmlttcd by the Secretary of the "Treasury to the Senate Finance Com mittee and the Hous" Ways and Means Committee. The other, intro. duccd in th,e House by Congressman Edward T. Taylor of Colorado, has been referred to the House Judiciary Committee, which has agreed to an early hearing. Each of these meas ures has merit. While such a law will act as a pro tection to unwary investors, it will likewise provide some protection to the consumer by eliminating or reducing the number of concerns seeking earn ings on. watered stock. Tells What'H Xectled. But what Is more greatly needed Is legislation going directly to the heart of high prices. Means must be found to protect the consumer directly. Price-fixing has been tried, notably in the case of food products during the war, but with only partial success. A limit to the profits these. monopolistic corporations may malTe would be bet ter. Whatever course is followed pre sents difficulties, but that should not deter Congress from setting vigorous ly to work and finding thx; correct solution. A partial measure or relief sug gested by Herbert C-Hoover, as Fed eral Food Administrator, in a report to President Wilson on the packing industry, proposed the separation of j the packing business and the stock) yards, in order that shippers of live- slock and independent packing con cerns might have the use of the facili ties offered by these yards on an equal footing. This, of course, should be done, but it is only a partial remedy for the meat question and the meat ques tion, great as it may be, is only part of the great food problem. v Hoover' Plan. Mr. Hoover also suggests indepen dent abattoirs, possibly municipally aided and controlled, as a partial so lution, but points out that this scheme is feasible only if these abattoirs arc protected from illegitimate competi tion. I think it is vitally important that the packers be placed under Federal license and strict Government super vision. The Kcnyon bill is in the right direction. Packers must be di vorced from ownership" and control of stockyards. Refrigerating cars now owned and operated by tho pack ers should be operated by the Gov ernment. Cold rtoragc plants should be under Federal supervision. We haven't enough sugar to supply American families. I favor control of thecxport of sugar to the point of an embargo, if necessary. Leather should be treated in the same way. Packers, tanners, and manufacturers of shoes arc robbing the American people right and left, because there are not enough shoes to co round. Let's keep our leather at home until I Americans have been decently pro- j viaed tor. 'But the prevention of sharp prac tices and illegitimate competition seem to ofTer the best solution of the monopolistic problem yet 0bund. Must Stop Gambling. Whatever else is done, the abolition of the food gambler should be an im mediate step. The gambler has no place in human society. He produces nothing; he performs no useful funt-' tion The gambler who hoards food-, stuffs and corners the market b hid , illegal .manipulations contributes to, the increased cost of foodstuffs and other necessities to the consumer, is a criminal and s.iould be dealt with aa we deal with other criminals. TW marketing problem Is one of the greatest in connection with prof iteering. Between the producer and the consumer in this country stands a long line of parasitical gentlemen taking toll from everything that is produced and many of them, perform ing no service, are absolutely un necessary. Co-operative marketing is being tried successfully in some sections ami with some products. Federal and State bureaus of markets have been urged and doubtless would contribute, in the long run, to a sta bilizing of prices and eventual bene fit to producer and consumer alike, but sucTt bureaus offer little in tho direction of immediate relief. I believe greater use should be made of the rural parcel post as -the starting point In reducing the cost of necessities. Limit on Profit. Preventive measures for the future most assuredly should embrace a lim itation on profits. N'ot price fixing. That plan has proved a failure. It Is no remedy at all. What is needed Is the fixing of what shall be considered a legitimate profit on a given volume, of business. Then if the business man or business concern makes more than that fixed percentage of profit. It should' be considered excess profit and the Government should take all the excess. Business would understand then that it could not gouge the pub lic without turning over to the Gov ernment all that it filched. If prof iteering went on, the revenues of the Government would increase and taxes could be reduced accordingly. Some such system must be devised, for the public will not stand for the present shameful profiteering forever. . Many theorists hold that punitive measures offer little In the way of permanent relief, but experience does not bear out this theory. Sound banking has been brought about very largely through punitive measures. Time was when the "wildcat" banker was almost as common as theTresent day speculator, but the Government made bank looting a dangerous oc cupation. As the number of Inmates! of the bankers colony at the Federal penitentiaries at Leavenworth and At lanta increased, the wrecking of banks diminished, until now the practice of gambling with depositors' money in banks has been reduced to a mlal mum. Prison the Core. It is time a few profiteers aad food gamblers were put behind prison bars; If the Government will make Profiteering equally dangerous, that method of preying on the public will' soon become likewise extinct, or at least negligible. This is a time when partisanship should be put aside and every mem ber of the Government, whether he ' be Congressman. Senator, Cabinet of ficer, or the President himself, should co-operate to the fullest extent to throttle the rapagious and infamous profiteer and bring his extortions to aa end. j- The whole program of legislation to end the reign of monopoly and exploitation, that has become more and more acute during the war and the readjustment period following the war. must be sressred with v!.. I am not concerned about the source" irom wnicn tne remedial measures come whether they be Democratic or Republican vourecs, or whether Um have mh huu ,rgi. mi, Hat I ant e4erit4f akout. tfcat they shall he acted on with prompt ness and vigor and tht a 'retWnr i., normal conditions, of paace ami pr. perity shall he brought about wth the utmost potwlbl jped. There 1mj been quite enough of Inquiry and In vtestlgatlOR aleng tM Ifee. Th faets are well known, the tlra baa eorae fr action. I shall be .glut to eo-operate with the PreeMont. -with his Cabinet officers, with- my fellow Senators, with the members of the other house of Congress, with anv. one, te bring about this nrat dirc4 nd- DAWN OF DRY ERA MAKES LOBSTER DRUG ON MARKET BOSTON, Mass., Aug. 17. No longer can cafe tsatrtons get their favorite broiled live lobster and "musty." With the advent of the war-Um prohibition law the demand for shell fish took a sudden tumble Lobsters, whleh recentjy sold at W cenis a pound, have dropped as low a 40 ccnte. and- may go lower MONDAY IS "MICKEY" DAY AT FOB YDUNG FOLKS ANO woutuful apparel for everywoman'x F -at TervtH St. Final Clearance of All Children's Summer Apparel In order to make room for our falUslock, .which is arriving, we offer tremendous' savings to all thrifty, Wash ington mothers. k' AH White Dresses, Colored Voiles and Dotted Swi$s r 6 to 14 Sizes $5.95 Values up to $10 V $9r95 Values up to $15 .$X3JjO Values up to 20 " $1675 Values Up to $25 V t - AlLJRemaining Kiddies' resses r-CV ' -& 6 year sizes Colored Voiles, Organdies, Lawns, Batiste & Dotted Swiss $f.95 $2.89 $3.85 One special lot of chil dren's fancyand plain top Socks excellent 9Q values ' . j -s ' Final clearance of' all Wash Dresses, just the thing for early fall and school wear. 1-3 Off 6 to 14 Sizes N One lot of Children's and Misses Slip-on Sweat ers, in all colors, sizes up to 36. Sale Price S4.95 SIDNEY B. LUST, Pres. LEO G. GARNER, Mgr. SUPER FILM ATTRACTIONS, INC. ANNOUNCES! That owing to the Popular Demand i As Popular as the airily Alluding Star of "Mickej". .; s' GUDE'S ROSES -4. ! 'I -iw""1 if KEY WILL BE HELD OVER ANOTHER WEEK A picture of thrills, humor, and pathos crowded houses every day last week. tinuous performance from 3 to 1 I p. m. Con- it - L DAI IQ THF'ATPP prices: MTKJlk O 1 ntltl 1 IVL 25c and 50c Boys' P. K. Hats in three groups. Special 49c, 59c, 98c One lot of Tot's Dress es, up to 5 years; Ging hams and Chambrays. For This Sale Only . 98c Special lot of Rompers and Creepers, exceptional values. r-30ff An opportunity for mothers to procure Kid dies' Klothes at more than reasonable prices. Prepare children's ward robes. School days fast approaching. Opportu nity for big savings. t Get this Popular Song I Price 10c at On Display in.Poli's Theater Lobby and at Our Store, 7th and G Sts. N. W. THE "MICKEY" DRESS AN AUTHORITATIVE EXPRESSION OF THE NEW MODE Pictured is this beautiful model fashioned of all wool serge, handsomely embroidered, showing a side effect over jabot, artistically finished with silk braids arid silk cord waist line, fastened with two ball tassels, in front. A remarkable value at llfl 11 Glorious in their beauty and lasting in their fragrance; Gude's Roses carry with them an appeal that cannot be denied. They're the chosen messengers of senti ment, or on any other occasion .when flowers may fittingly ex press that which the tongue can not' adequately do. l -, v.. Ir k P 9sJ Mf & gcVOITW AMD Q STREETS WE SELL FOR CASH SO SELL FOR LESS GrpwKn 6ur -dwri'gren--,:- chouses inthe city, deliveries are .'made, within an hour after cut " ting. ; Just1 phone us your order . will have instant attention. "Say It With Flowers," the Memory IsEndnring- Gude Bros. Co. Member Florists' Telegraph Delivery Assn. "" -1214FS&N.-W. Telephones: Main 4277-78-79, Franklin" 6554 i) KRESGES MUSIC DEP'T. lllh and G Se. N. V. 7th and E Sts. N. W. or KV l.l. UAV SATIIIIMV Opposite Dulin & Martin TMnt IRosenborf 1213 G St- MICKEY RECOMMENDS ROSENDORF'S FURS ANNUAL AUGUST SALE OF F U R S COATS-WRAPSCAPES-SCARFS &MUFPS A Saving To You of 25 to 35 Per Cent L'nusual emphasis has been laid on style and qualitv. This important event is the result of months of careful preparation. Pelts have been chosen from thousands to insure our high standard of quality. The Fur Coats Marmot Coats, $97.50 selected skin?. Value $125.00 Natural Muskrat Coats, $112.50 fine dark sl.lns. Values 5159.50 Seal Coats, $135 Up lustious skin?. Furs selected in this sale will be reserved on payncnt of a small deposit, and stored without cost until desired. FUR REPAIRING A YD REMODELING Trimmed Mole Coats, $225 Up Natural Squirrel Coats, N $300 Up flno dark blue skins. Seal Muffs, $13.50 Up Seal Coatees, $75 Up Natural Squirrel Capes, $22 Up Taupe Squirrel Coats, ' $300 Up Wolf Scarfs, $22 Up Mink Scarfs, $27.50 Up Fox Scarfs, $27 Up ll WmZSMk Mwwm Ji Sure, We Have "MICKEY" on the Columbia Record and it's a great song Thi Columbia GranhoBhone has DreDared two records of "Mickey" one a dance record J by the Earle Fuller Jazz Band, and the other f a double-face rtcord one side devoted to the ) song by the famous Sterling Tno, and the other side to a medley, taken from the "Mickey" music score. S 85 HARRY C. GROVE, Inc. 1210 G Street N. W. GRAFONOLAS KODAKS Vi is. V