Hammond Times, Volume 15, Number 135, Hammond, Lake County, 28 November 1921 — Page 4

THE TIMES NEWSPAPERS tr can Codktt urrscsr 79suaa CO MUTANT. Tk LAka Oaumty Tina xcpt i-urU tn4 B-irui. j-aiarau i iba juauuuc la iltkimnon!. J una lain I. Th Tlsu Jtaat CiUoaja-lB-iana, lUirtxr. daily Mtwt Kuuili. ers4 ii the yo.ia-Uoa ut -i.nl CU1uku, tevy twr II. 1I1S. Tha JL-a County Tim Saturday end Weekly Bdttlon. hteri at U-a aUnUoi la ltuua.oui. Ife-mary 4. lit IS. Ia XiniM Uuly -.ci'i 3uuday. -ia-taratf at tha poatofflco to. uary, 1', 1S1J. Adi .soar Lka Mt f trca. ft. 16. , a aecuod-cl&a uitu. I fUKtlG.V AOVKKTWLNG KKFKlLMi-X i'AriGl ' Loci AX FA y NJl CO. CHICAcHJ

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p.ixu lcuailiaiiy to tb Orcuia-.ioo Ucpanuieut. n-Uioauii iprnm .itMnioi jiuu. J1UJL Jloi tCa.ll tar wh.'ifir liwwtment w:uattH) NOIICifc XO jl5CUUii I you fail la reoni va our copy or Tub Tiuis at promptly u you ban In the pi, ple.010 Uo uot think It tuur u lat ar was it eoi a tt.-, n.oiii-i;iiir thai iu0 uiiii atrtiea i not what It uaed ta b a.id iLuc rvinpiu;ias ar a'-i.cryal flow muuy sources about me i.rla -.a ui-u r ic. Tit a Tlxn liu iniTrnsJ i: rr.Aiiin eju:piueui -Jia u -crinD -rn.i: ?o reach lu piroun uu time. Js prvuipi ia aUv.la u tnw yoa ioi a-ct i-j.- im.uur auu wu" wi, ct m ingjtl.v.

PROTECTING THE HOOSIER INVESTOR Time is convincing the ciiizen.s of InJi.uni that the state securities roniuii.ssiou created by the blue i-ky" legislaticn of th- lyu general assembly is a real bulwark against concerns Hocking a market for worthless paper. The day 01 the mld brick has gone, Lut in Its stead are huge quantities of stock certilicates which represent an artistic triumph, but are backed by a minimum of tangible assets. Promoters cio not solicit eusir.ess men in marketing this slock, but their gii'u salesmen often liini ready purchasers among persona who have accumulated a small amount cf savings and who art, impressed by flattering prospects of rapidly increasing their funds, tajs the Indianapolis Star. The "blue sky" law was placed cn the statute books after a determined legislative battle and various attempts were made-to render it ineffective by later amendments. The failure of this campaign did not deter those who opposed any regulation of securities to be marketed throughout Indiana from endeavoring To gain their ends by reducing the commission to a lubber stamp effectiveness. It. was hoped the law would be so interpreted as To limit the commission's power to investigate the petitioning corporation. Numerous attacks were made against the administrator of t lie commission for alleged usurpation of authority in i declining to ;r-co)t the figures of interested companies ' on their :"a e a hie. While Hooslers are learning ot the commission's work lis efficiency has been recognized ' by similar bodies in other states, its director is regarded as cue of the inoM capable and enegertie memoers of the National .'$.-.-:h! i-Ui of Securities Commissioners, al-h'-ugh "!;: ! i.he youngest. The officials connected with '"' fo'v .';i-n f or' "blue sky" legislation in some : her s'ates ccn.-idt r their tenure of office as a political p am. an attitude which precludes any real protection 'oi- a pcssiU; investor. The Indiana commission has Gained us reiv.tation wiiU the smallest force of any .- -ite in the country, consisting of the secretary and .: 'iditor of s'ai" and the attorney general ex-officio, . a adtninistrat- r. two assistants and two clerks- The . hmI wo-kiiiir force is composed of young men selecd tor ' :Y:ri, !;, rather than political service, and o;. ;. .:.jng to the best of their ability to inicipiet the law was written on the statute books. CfOOD EXAMPLE FOR JAPAN. Suspension by Great Britain of work on her i:ood-type battleships and the resolution pending in congress to suspend all American naval construction . e facts for Japan to ponder, whether or not there is .: deliberate design to influence her by example ia ili- matter of armament limitation. The Uritish ships are not yet laid down, but that does no; diminish the significance of the London deri. aon. Money has been expended en them and costly preparatory work was under way. Suspension of these activities is most worthy compliance with the spirit of the popular movement f, r alt.-.hiuent of durable pace through eliminating h- j.oioeiiai causes t .-!' w.- r ;-n 1 hntltirg the ' avai.s of irn?ecutiJ.g hostiHtits. it is laudable. Naturally Japan has ideas of her own on how far it is safe fcr her to go in curtailing, her naval strength. At the moment her request for more warships titan vould be permitted her under the Hughes plan makes p distinctly bad impression. The Japanese representatives think she needs them for defense. Defense : gainst what nnd whom? In order to make a case in support of her claim Japan wiil have to shew substantial reason. for fearing any nation. Then she will have to demonstrate the ability of that country to attack her successfully. Hpr chief reliance for safety is her geographical position. The chief reliance for safety of others must be the limitation of any country's cefenslve forces to a point that, assuring adequate protection, they may not be diverted to aggressive offensive uses. f

j-oesiuiy Japan uuvances lier claint simply to draw out all tiie arguments, to euabie Uiorou&a examination of the problems. Certainly any meiiibur cf tbo conierencvj wiio evinces a disposition to obstruct tho i'uuiliment of the popular desire the Japanese people s UeSiTe as well as that of westerners will iind itself iu a decideuly uncomtcrtable position. Japan scarcely will run the risk involved in opposition. LIBERTY EONCS NEAR PAHThe giiiuiiui nut stoauy autaum in the prices of the various issues of Liberty bonds, indicated by the daily quotations, must be gratifying to government ofiicials and other, who advised the people to retain their holdings in these securities until general business-conditions increased their value. The early issues .which were quoted a few months ago at from $t2 to $Si are now quoted iu the market at more than JJO, while the Victory bonds are quoted within a few cents of par. I'ersons who sold their bonds iu fear that they would go lower have thornselves to blame for their lacHc of confidence. Many purchasers of war-timo bonds felt tho necessity of disposing of their holdings, in most cases a considerable loss, and for these persons there should be sympathy; but this feeling can hardly be extended to those who sacrificed their Imjikis in order to get icady money for doubtful investments or for tho purchase of things which added little to their general welfare. Thousands were disappointed In, their ventures In investing in government bonds, believing that the government cculd maintain the market value of the bonds

jut par. The value of any evidence of credit consists of Its earning power. The application of this principle to government bonds made ihem less desirable when com- ; pared with industrial and other stocks paying a highj er rate of interest, resulting in deprec iation of market -value. I'ersons who held on to their Liberty bonds j now see their value creeping toward par,, and it would

net be surprising if most of the issues sold above par before the time of their redemption arrives.

Broadway's Wild Man of Music Speeds Up

Dance Tempo

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Ted Lewis' Greenwich Village Follies Band

Greenwich Villasre Follies. Gotham's famous Bohemian revue, which has started the country whistling

and dancing to "Snowflake," the first 101 bempo fox-trot.

New York's latest craze is Ted Lewis, Broadway's wild man of music, whose laughing horns and ling clarinets have introduced the year's new note in dance music. "Ted" is appearing with the.

OPTIMISM. There does not seem to be any effective method of disposing of the continued pessimist. Yeu may think you have him permanently suppressed, but he vviil bob up serenely wiih his string of jeremiads. The pessimist is prevalent you can not suppress him; the only course is to ignore him. Estimates of persons who have been in touch with the industrial and trade situation express the opinion that there are one million fewer idle persons now than three were on October 1, which should lend encouragement to the belief that considerable progress is being made iu the transition to normal condit ic.ns. One gratifying phase of an Improved industrial situation is that the predictions of persons who have been tring to incite tha resentment of labor have not been realized. Numerous steel plants have resumed operations, and others are preparing to do so. And the backing of present activities in steel production and other lines is more substantial than the business ot equal volume last year. Building costs are becoming stabilized, and conditions generally are such ;4 to give encouragement for the early part of the new year.

The

IF IT IS TRl'K ihat every time a child is born

in Japan the father plants a tree, this Japanese problem will eventually solve itself, the.Japs will be lost in jan impenetrable forest.

j IF EMMA GOLDMAN does return to this country lend ever does or says anything again to justify her (sobriquet " Red Emma,'' it will be necessary merely

to slip her a sailing schedule of the boats for Russia.

Passing Show

rtT.V when a mala motion riCTnti: star handsome as a i.HI.I'Jv pod g-rts !nta p.. rh'US trouble III; prohnMy dr.eorves if. T1IK ir owner who nal of 'I'll!-: dtminlshinfj qas supply II MIDI. V knows whether TO Hporcl up hr-fore it Is all gon OK soil oiit brforr- sit Tilt: cars become useless., Koltl proposes to turn battleships into li'iirys

MlV . ( know her that

, U(T.A wave rfft-ct curae frum. nK of tho most puzzling of AI,T. the financial problems THAT confront us is afforded IIV the way a ko...1 OM family can b'S'- its money A Ml continue for a generation TO live in the Myle to which IT has been accustomed. OM-1 of the continiiin - rn riord t k-s of Till: language is the way a . I It I. says she isn't dressed up MIIK.V she hns on Rornethmn- that COVCltjl everything but Ikt fext and head M) thnt sir is when she has on poniethint; from Allicil fhe sfioks out a foot and a half from each eh.l. nil! helpful Now Thought masa-zine

TIII nme ore th-it tnmibt us to

HAUIATi: love at all times and under ALL circumstances says that one CAX g-et anything one war.ts IX the world If one oniy wants it IIAKI) enough and we are now wonlie rinpr HOW hard we will have to want TO get sopv'body to offer to remove ABOIT two tons of ashes from the basement. HV helping Oreat Britain to save money on a navy SlHTtET.AUY ill GIIKS will make It KASinil for the allies to pay what they owe to America. AM) when you come to THINK ahoit it a luxurious I.IMOrsixn does nt coat Ml f II more than a (OMK(tltTAI)LE house and lot.

AIKII'T the ne st foolish thinsr a

XGWSFAPEH nan do Is TO quote a lawyer as In ttia first Pi-Veil it requires a gwod daal of space AXI) then you aJwara have to CXHKKcrr It the next iay W1IETH EK it was riaht or not. IX return tor independence, Chlaa ouirht to BE willing to surrender the LAISUKY privilege to the XJ. S. How Much Do You Know? 1 How many miles of petroleum pip fines In the United States? 2 How many people In this country participate in co-oeratlve societies ot Bume sort? 3 Did the Bolshevik 1 issue currency of their own? 4 Who is Germany's richest man? 6 After what hour iu it proper to wear evening clothes? 6 What is sugar made of? 7 Who carries the ring for the bride troom until it is time for It to be used at a wedding ceremony? 8 Can any player in a poker frame demand to cut the cards? 9 Ftom what did the side saddUs de. velop? 10 What sort of a fruit Is a tanelo: AJJSWIRS TO SA.TtTB.DAT'S QTJXSTXONS 1 How long have grade school? been established? Ans. Pince 16S3. 2 How many different railroads are there in the United States? Ans. 1,171. 3 What temperature is required to bake bread? Ans. From 350 to 4 rat

decrees P. 4 Where was the Titanic hudtV Ans. At Queen's Island, Belfast. 5 What counts are, impossible to make in cribbage? Ans. 19, 25, 26 and 27. 6-Who was the first rhief justice of the United States fupreme court? Ans. John Jay. 7 What sort of a fruit is a lirnequat? Ans. It Is a cross between i lime and a kumquat. S What length of time is a moon? Ans. Twenty-eight days. The term ia often referred to by Indians. 9 How longr did it take Napoleon to make his retreat from Moscow? AnsHe traveled 1.400 miles in 312 hours, averaging- about five miles art hour. This is considered, remarkable considering the condition of tha weather and roads at the time. 10 Does an immigrant have to be able to read and write? Ans. An immigrant must be able to read and write some language.

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IN SMOKINC a corncob pipe Marshal Foch be- 1 comes endowed with all the rights and privileges of the oracle of the cross-roads grocery.

THE WEST VIRGINIA man who paid a fifty-cent debt of 43 years standing, like the rest of us, did it as soon as he get around to it.

SWITZERLAND IS in a bad way because her money is worth too much, a complaint that does not lie

', against the money of the greater part of Europe.

Two Americans who made remaiks in London -brujt England not paying her debts wc re fined five -hillings eat h. That ought to Lc'p Ihitain some.

IF you forget where the talkative barber left off, it is possible to find out many times by feeling.

IF ONE MAN makes a gun, another will be found to shoot it.

I7PFF TRIM OFFERii! I

. 1

AFTER. TIIE TRIP is over a man realizes those "no hunting' signs were correct.

With agreement between the "United States and Japan on Yap the yapping may end. .

History moves in cycles. Thanks, we'll be. dead when occurs that, world revival of jazz.

IDLE freight cars decrease and as they decrease so will idle men.

Hi BED E

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MONTHS

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Cause Change of Life. How Lydia ILPinkham's Vegetable Compound Got Me Up Afton, Tenn. "I want ether sufTor5ti.tr women to know what Lvdia E. Pink-

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v in a short time 1 bettor. I had ail hinda of bad s -'.is. Lm-. tncy ait leit rr.e. Nor when 1 .' ' d wt-3k and nervous I take the Vogot v'-2 Compound and it always does rr rooi. I wish ?il women would try .; .;; the Chancre of Life for I knev, -. ! do them pood. If you think it v. in :.:ce sorac one to trv the Vegetal i ' ipour.d you may publish this letter. ' 'vs. A. !vELLEit, Afton, Tennessee. omen from forty-livo to fifty year ?" f.ge should take warning from sue! Fvmptoms as heat r! ashes, palpitatiot f the heart, smothering or fainting spoils, or ;:pots be tore the eyes, and prepru their system for tl:i? perfectly natura! ch.'usjs by vakinpc Lydia E. Pinkhnin's VegftaVde Corr pound. It hr.c he ioed many, many women through thij ryin; period, jus, as it did Mrs-Ko'ler.

"TRY A

TIMES

WAfiT AD"

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Si:3 Oil irk

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Immediate Delivery jp! Chairs, swivel. p Dictaphones, Columbia. Desks, single and double, flat top. Desks, single and double, pedestal type-

writer. ll Drawing Table:.

M Tables, Typewriters, Office Supplies,

m Etc

'none Hamn

Tomorrow

Not a Day Too Early

to Reserve That Christmas

It isn't so much the question of "Will there be a Brunswick in your home this year?' as will you get the Brunswick in the particular style and finish you want?

Sure, there is going to be a great shortage of genuine Brunswicks this year. We, as large Brunswick distributors, know

Bui

Right Now

BVr. rWi -Wl-'-M-U 1. mm.

v,n r 1 -r

you can select any style or finish and be sure of Christmas delivery. This sensational free trial Brunswick offer will be the means of making hundreds of homes happier on Christmas Day. And the entertainment is at our expense it costs you absolutely nothing. A wonderful opportunity to try, in your own home, a GENUINE Brunswick. Come early tomorrow and select the style that best suits your requirements. Free trial telephone orders accepted. Telephone Hammond 2132.

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SPECI..L OFFER NO. 2 GO Includes Model 200 Brunswick, 20

record selections, special needls 1 our unlimited guarantee. If yo in every way, pay the balance at

record selections, special needls to play all makes of records, and,,) our unlimited guarantee. If you are satisfied with the machine JL

C5.50

aU V mOtm Xaafl

NTH

Is a Dollar Made of Rubber or Hard Metal? Can it be stretched so that $65 will buy a $165.00 Phonograph or $295.00 buy a $600.00 PlayerPiano? WE THINK NOT! It all depends on your viewpoint. If it is your opinion that you can get more probably listen to the lure of "some- . t.. liiCliii Uidt arc iiooding the papers at the present time. If, however, you will use the good common sense that you were born with you will realize that no man has as yet invented a system whereby he can pay rent, light, heat, etc., sell below cost, and still show a profit. It can't be done. High class merchandise is never offered at reduced prices, because they are priced right to begin with. As an example, we have a very fine Brunswick Phonograph which sells at $65.00. We would not say it was worth $100.00, because we have some very fine Brunswicks that are worth $100.00. But the phonographs at $65.00 are worth every bit of $65.00. THINK IT OVER YOU CANNOT GET SOMETHING FOR NOTHING.

Jr till

525 Hohman St.

fcS

Times Want Ads Bring; Results

Hammond

Open Every Evening Until Christmas

ia.no

R. H. Reid, Mgr.