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Show THE SALT LAKE TRIBUNE, SUNDAY MORNING, JUNE 15. 1924. 1I0TK KISUIIPB "PREMIER Bissau I Arrested ct, in Portland on Forgery Charge, Refuses to Talk -- rw PUBLIC TURNS TO BONDS FOR BEST POST WAY TO USE MONEY Fsss waa) levy on capital, although b ha not hlmaelf unequivocally on expreaaed this: point. lie I inclined to corpulence, some-wh- at negleetfttl of hia appearance a pipe ami k--r and a lover of good win and good food. makeup op- - MiNitnry. PA RIM, June 14 fBy the Aaand-ate- d Waller W. Sharp, 21, who ia alPress.) The French ministry, a p relented by Premier Harriot to Utah to the defrauded t leged President Doumergue thl erenlag, la Copper company out of & considerable aa follow: tun of money by forging chock and of foreign afPremier and minister . padding toe payroll of that cor Dura- fairs- Kdouarrt Alln later (if war General Maurice tion, was brought tm thta city and placed la the city Jail last night by Nollet. iMJnlater of justice--en- e Beaoalt. Chief of Detectives JUIer M. tterk- Xiiuster. of the interior Cam in stead. Sharp waa arrested in Fon orneera Chautemps. about local tanel, Or., for tho l. Minister of finance Kt testis ten days ago. Beckstead left fur Portland a week ago, DuMinister of the navy Jaecptea from tiharp, who is an tha Utah atata prison. ber ha was mesnlt. Minister of commerce V. Ray- imprisoned fof tha theft of approsi-niatel- y $12,OVO from tha Western Loan naldy. apWork Minister of public Victor Building association In IM, but declined Pertral peared In good spirits, atatement on to make any extended of education - Francois Al- Minister the present case, lie aald ba waa the bert. loser In the other ouaa by talking MlnlsU or Ijibor aid health Juatln and that ha waa only going to talk Oodart. time. He through an attorney this knew Minister of the colon lea Bdonard nothdid aay, however, that ha charge agaiuat Daladier. ing about the present came Minister of pensions Bdooard aa a thunbim; that hia arrest Bovtr I Pierre. derbolt from a clear aky. Mliilater of sjrr leul turs-tQueu- In hia brief ci vernation with reille. auit-froi- d porters lat night, the senie Minister of liberated region Vlotor which characterized bia attitude two yearn ago appeared mora marked Dslbles. 1 Indorsecretaries : than ever. He seemed to ba of the Post and telegraph I'lsrrs Roopinion that the proeecutlon would have a difficult time In proving Ita bert. caae against bim and did not appear Tieon AWrhant marine Mayer. to be .worried aa to the possible outAviation Bynac. ' Teahnlcal )urent , come of hif trial. de Vincent instruction !n Shortly Wore Pharp'a .arreat 1922, Joseph E. Burbidga, chief of inare There fourteen minister, police, received an anonymous letter stead of thirteen aa In. the old cabimailed at Ogdea telling him that $4aU0 ot tba missing money wouM ba found net. M. Harriot, H la said, hesitated, Irl a pile of rnbbiah In the baaement to Increase the expense of govern-of the building occupied by the Juan ment tiy enlarging the minlatry, (tut association, investigation revealed wanted to get rid of the fateful thirteen, . the money. Tha new cabinet will meet Monday In the meantime an alleged disacIn waa found morning under the presidency of W. Sharp' crepancy and will appear before count h with the company and he waa IsMimergu laid off and went to work for Walker the chamber Tuesday afternoon. M. Clementel, Brothers Hanker. Later he waa minister of "nance, taken back by the loan company and and Rene Renoult, mlnlater of Justice, the officer began grilling him. Af- are the only member of the cabinet hour of ter thlrtv-flv- e with considerable governmental exBharp confessed Inand took the perience. The former ha been mlnhi home to Kayavllle. later of commerce and minister of officer where thev found several thouaand agrtoultirre; the latter, mlnlater of dollar hidden beneath the porch. the interior and minister of labor. Sharp at the oonclnaion of hia trial of the ministry are waa given an Indeterminate aentence 'Uie other sevincluding Herrtot "yoong bloods," In the tat prison. After nerving tn the couneral month be waa paroled and later hlmaelf, whose experience I confined to a few He try's government the aentence Waa terminated. the war. then went to Work for the Utah Cop- months aa food dictator inbehind him The premier, however, has per company and later left it. affiladskillful of reoord for a a film twenty company, with years' iating which he waa working when arraated ministration In Lyons, which parses on the present charge. for the best governed city In Prance. The combination is conceded on all side to contain an Immense amount Fire Clean Up on of energy and a full-- ' measure of audacity. Grain M. Clementel will have the most difficult task of the new government A quantity of wheat, three or four in funding France's floating debt and ah edit and a g ranary at the home of finding money to continue tho reconW. W. Wilson in Sandy were destruction of the devastated reirions. of wide acstroyed by fir yesterday. The Mase He has the advantageViankera of the children la "aid to have started from quaintance with the with the setting fire to a rubbish pile near by. world through his connection of commerce, international chamber Members of the county fire department said they could not estimate the' and ha extended experience in ecodamage aa they did not know how nomics and finance. much wheat waa In the (ranary. Mr. The hew government ha a estimated all the way from SO to Wilson WK tn Ogden. 100 to rely on at the beginning, which Is deemed ratner narrow, i ne oppoOffices Closed sition, howeves. will, it Is believed, M. Jierriot full opportunity to Period Saturdays give to oo corore show .what D iniena obstruction. rvETRROrT. Mich., June H. Offices offering of the Kord Motor company .plant at APPLICATION FILED. F"ark. River Rough and Highland nViaarl tnaw bhJ iMmi T Leroy Babcock of Mt. Emmons, tm closed every Saturday until furftah. filed application with the state ther notice. engineer yesterday to use .65 of a thousand dcrsti tuiK d-foot Twenty-fiv- e of water from Iaike Fork emelerk and other office needs, creek in iHicheane cunnty to Irrigate thirteen acres of land. ployees are affected. bB-l- flea-riot- Oeol-ente- - M. Moro-Oiaffc- Burnt Farmer; . for Ford of tm II secon- .weeeeeeeeweeeeeeeeeeeeeweeiwVMvveeweeweewwei IF, YOU WEAR GLASSES, ' I AM wi ; TALKING TO YOU! Iou people whoivent to your Optometrist or Oculist and said "My eyes are bad I guess I need glasses" found that your "guess" was concurred in and your eyes fitted with lenses that neutralized the error of refraction BUT, WAS TfflS SCIENTIFIC t and DID YOUR PAIN, STRAIN AND HEADACHES LEAVE ENTIRELY t yon went to your physician needed eratcfae ami he "guessed" limping and "Rtiedsed" yon the atone way and furnished tbetn what would tbii world look like, with half the people per' manently oa erutcbeat Did It evOT occur to yon that mac tbsa likely your eye trouble U due to INABILITY TO FOCUS rather than INABILITY TO SEE? "Seeing" never hurt anybody never caused wrinkles, nor headaches. IT'S THE EFFORT OF TUB OVERWORKED OB "WEAK THEM A.NB ROIJ MUSCLES TO TURN THE BYKS-POC- US TIIEM THEEE.INDKITJnTKLY THAT CAUSES EYE STRAIN, AND THE REMEDY IS TO MEASURE THOSE MUSCLES, OTRENGTHENTHB WEAKEN ES, RELAX THE-TAONES, Ef5TABU8ltA BALANCE, AKD THEN NATURE FORGETS HER TROUBLES, fX)R THEY ARE "CURED" OR, RATHER, ELIMINATED. Scrrpose , UT If yon ere over 40, yon may need glasses for reading if under 40 yon may hot require glasses at all hot either way, yon should hftive voar eve muscles brought up to as near normal as possible and THEN, A.ND NOT BEFORE, can anyone be' SURE whether or aot you require glasses, and, if so, of what strength. the kind you get ander the Dear den That' REAL eye . bystem. OUT-OF-TOW- PEOPLE N by letter and can arrange for special examination at this office, after which complete relief may be obtained at wtQ be advised home under any personal supervision. Consultation by Appointment; hone Wasatch 2729 DR. 31. H. DEARDEN Eye-Stra- 503-50- 4 Specialist in Utah Savings & Trust Co. (I BWg. Talk by President Beason at Ogden plains Phases of Investment; Keep . Funds at Work. of to Salt Roaa Bsaaon, a Lake Cbataber of Ohsnmeroe, taik on InvestneBt" at the convention of the Utatt Banker' aavctattoo held east week In pcden, whk-h- , he- oauR of it darlty and It general Interest to tha puMIe, won popular aperowajt. What he said follows, in part: Inresinieet 1 the gmttlna' of money to work at a fair rate of Interest, wl?h rttieij of principal a Ui oon- -. , element. . ... ? y nut might be apenulatios for on may to 'another be sound Investment; that is, aa Individual wttfe a full kranrtedga of the affair of some par ticular company, reaaoaahtr Informed upon the prospeot of that company' future, can, br purchase of the junior storJu of such cump&nr, max an In vest ment, whereas ajioOier individual purdtaeiae; tfie same Junior stock and reaolna; ( same profit oould only be ofassed a a speculator, IT th pur- oriaea were made without reasonably acuratte knowtedere at the internal affairs of the company and the proa- ptxA tor in type of business In which the curnrsuiy Is engsered. in uti taw to diaonaaaon.wm be on InvastsMQt as hst defined, namely, the ptittlos; of money to work at a isir rase of interest, with aafetv of pnnctjMsS aa the oonuxiDtng etemeot. rv - ., BOND AM POPULAR. The great volume of true Investment money today i pluovd In real est site mortonTei or la twnda everaJ factors have been at work dorms; Use lf past ten years to Inorraae the of bond as Onljr a few rear aa-- inveatmenta, mnelraJ me. ehaacr of bonds www Insuranoe oornv paruea, tauvks, large estiues and very The average wealthy Individuals, bond nurofaaser prl. to was to be Il3.frgd: tt arm hnnd P'trcaaa today la approainaMefy ItivQ. iipm 01hat ns great number of pimyia-(u, purohaees of jmafl liiSAI and leas. A th people have become more familiar with bonds and bond terms their popularity as a medium for the Inveetment of fund has eorreapond-liurl- y Increased. Three causes are primarily responsible for th more widespread purchase of bonds by the public generally, ilrst, the education received through the actual of Liberty bonds; second, the holding effort of public ntilltr comnaniea theeueH- out America to secure eastMnw. ownership by placing securities with their patron; third, (he necessity, by reaon of modern business meth-- 1 mis, for creating a large amount of additional. Investment funds through the education and development of the , pond, buyar. mi(, Aa to the first eanaet afae ihw. chase of Mtierty bomi were made pureiy a a patriotic duty. Many people ace today purchasing municipal and cor partition bond because they have learned that the Interest coupons are paid promptly, and have poyu-hvri- lu have that the principal will due; that the Bonds collaterat value at the bank, and tha Mlnulil necessity demand they may readily be sold. PUBLIC 'INTER C8T VfTAL' '"" The effect of trie second cause to not to b underewtirmvted. Prtnninl. ly preferred stock, ut In many Instances bond and th common tock. hav been sold try operating utilities to their patron. Th purpose of these sale has been to secure the money,' plus a public Interest in the affaire ef the company and a public good will toward the company. The third cans necessity I probably the most Important and to understand the soundness of this necessity one must understand the reason for It. Each year . mora new corpora (fon bond are offered than were Issued' during the previous year. This Increase In the amount of outstanding Is explained ty the fa bond that the form of borrowing I changing. Thl chang in .from la forced try the tendency toward larger business unit, and try the necessity far greater capital Investment due, to the use of as a mean of increasingmachinery th output per worker. I have gone Uu lengthily Into thta third cause because In tha minds of many people la the unmasked ra ration : "Are we not having too many bond Issue and too much corporation debt?" I betlev a consideration of present day capita Investment necessities under .our Industrial philosophy will convince the analysing mind that such debt Is Justified and the necessity for the creation of bond buyer among all classes Is explained. : WHAT IS A BOND A bond I nothing but a sots of hand, the execution of which 1 with more formality than the usual note of hand upon which com- mercial bank borrowings are made. Usually a bond is secured by a of specific property. In which pledge event it Is a mortiTRRe bond. A mortgage bond ia noUWng more nor less than a fractional share in a lares mortaaae. and there are obvious advantages of a nnna as compared with a real estate inortgage. After all la said and done, the sana tion as to whether a bond I good or not reaoive lueu into tnrco essentials: management. Security, earnings, The fact Is that the bond market abounds In anomalies and many bonds can be purchased to yield I per cent which analyse a well and are eonally as good aa other Issues which yield but S 1 per cent This aiirerence in price may oe caused ny sentimental objections, a I illus trated In the case of traction issues. The public today is prejudiced against traction bonds, and. while such bonds as a class are not desirable, there are some issues which are earning interest sli to ten times over and have and which are safe investments: yet manv issues, bv son of the sentiment against traction as a class, are selling below their true worm. Again, an issue mar ne neglected through the failure U have created a general public interest. The price of such neglected Moves la In fluenced bv very small block which may be offered em the market and which serve to depress the price. The analytical Investor, can frequently pick up bargain in bonds of tbi class. NO ABSOLUTE SAPITV. There Is no such thing as ahsoiat safety; all safety le relative. United states bonds are considered the first more nearly fhaa any other thing, aa perfect marketability; thl afro la a relative term. Gold combines absolute safety and perfect marketability more nearly than any other thing aa it may be marketed In aemidvillsed countrtea and can know no shrinkage of value. L Gold, however, doe not pay wanea out ana interest unless it . EuUoWfirl(L and some. jform of secur tne lor loan. taken Assume, how ity ever, a security with absolute safety and perfect marketability paying annual interest of 4 per cent, if such a security could be found this rate of 4 per cent would represent the true Interest rate. Anything above the true interest rate would theoretically represent a premium Interest. Thl premium would be paid for a lessen 2 a Reg.. $8 to $10 0.0 Reg $10 Heg. $1S to $19.50 to $15 cash : AS ; or : : . CREDlTf Vs to Winsome Model for Sport, Dress. Afternoon WearValues So STaARTLING TheylL Sell Themselves We Don't Have to Talk About .Them! We Advise EARLY SELECTION Leave Your Work-- Get : First Choice! All Hat and Dresses Oss.) centered on speculation a to who Would be permanent chairman of the convention. The name of Senator Walsh of Montana waa the most frequently mentioned. ' Homer 8. of Connecticut, former national chairman cf the party, who i of as a candidate for the presspoken idential nomination, was reported to be slated for chairmanship of the committee on resolutions and platforms, Senator Pat Harrison already has been formally named keynote man and temporary conventionspokeshair. roan. Because of the abundance of candidates for the presidential nomination and aa additional number of dark nurses, the subcommittee on delegation seating Is confronted by a difficult problem. Mr. D6kiler pointed out that It was customary to "up front" mats to the state give delegations with favorite Son It la also ruBtomary to iv Drominent rjositinna tn tha largest delegatiors. uch as New Tors with ninety members; with 7; Illinois, with 58; ennsylvania. Ohio, with 41, and Texaa. with 40. Fourteen states now have dates In the race or almost In, and. according to Mr. Dockweller, there will be at least eight dark horse entries when the nominating begins. Thus twenty of the forty-eigstate delegations will be entitled to upfront places. Add to these the hie state delegations that customarily get place easily diattmruiahable to the convention chairman and it appears that few of the units are going to be satisfied with rear seats. Mr. Dockweiler. reported as Mc- Adoer' slated floor manager, today characterized as "silly and ridiculous" a statement in a letter the Antlsaloon league of New York aent delegates yesterday, that "the Smith- wall Street crowd" would control the assftrnmeni of place to delegations. "No candidate and no faction will r. dictate the seating," said Mr. "The subcommittee of the national Democratic committee whose member favor various candidates, in the will mak the assignment usual manner." ATTENDING TRAINING CAMP, - iv 95 $S) 95 mm s (s .'HATS- TOMORROW, 9 A.M. mm from s fflsm 725 m u4 DIPT. BTTTJ.mgSLY . long-ter- (Castle CS2HYS Ex- ing of either the factor of safety or marketability, or both. If atrd to inrmarlM a twid Investment polhty 1 would do so a follow: 1. Buy bonds on analysis. t. Muy bonds for safety and income, and not for market profit. 5. Kjsup your money at work. The surest return from bonds is H If yon thin prtee are fwlng up buy bonds; tf you think they wii be lower In a year buy short-terbonds; but buy and keep your money working; for he who heaitale losta InLoreat- PIVC CARDINAL POINTS.. 4. Do not be Influenced fey minor are ftuct nation. Hunh ffeaituatlons merely the operation of tha law of supply and demand, either for investment funds or for that particular bond issue, and In no way affect 'lbs value at the Inveetment. 6. Diversify. Diversify ty type Investment and diversify gaogractucai-ty; that Is, have a portion of your inveetment In the securttita of several type of business, and. h possible, hatve those types of bualrows In different sections of the country. This poucy will prevent your Investment from being affected y kxsi conditions or by condition affouting a pttrticulur industry. We sometimes forget that we can make a safe be assured of U return inyeUrit, of our money at any time, receive a known Interest return and double our money in ehrhC nine or ten years without any speculation. Fttsnwa your Interest twice a a the same rate, and g per centyear bonds will double your principal in eight year and S04 days; 7 cent bond will double your principalperin ten wa day: per cut binds wiH rtou-w- e your money in eleven years and 44 oays; 5 per own. bonds wig douMe yovr money ia fourteen year apd thirteen days, eati-nett- ed oome to know be paid when 1 EXCLUSTFjE EXCLUSIVE CREDIT TrTTT.TJNZBY DEPT. High-grad- e Cum-mln- Tammanv-unuerwoo- r) Dock-walle- Special Is TM Trttsue. MOAB, June 14. la Due wHIHame, Albert Watts. - Maurice Robertson. lioren Robertson, Kan wmboura and Golden Day, Mono .young men, are attending the csUienr training camp Doors Open a. m. Open 9 a ; in: if V: 9 - f Doors 'erj! at Fbrt twelve Douglna. : Orbrhmlty Moab boys had slgmflsd then-- Intention of attending the camp, but oply the six mentioned adhered to their reexiilve. San Juan county I also represented at th ramp by a number of young men. SPECIAIpp Salt Lake Stake to Hold - Saltair Outing June 17 Member ef Salt Laske stake wHI hold their annual outing at Saltair Tues-d.iJune 17. More than one rhousmd lerso!w are expected to attend the which will be under the. auspices of th.M. I. A. stake superinteimtenoy. Iiniveon will be served early that evening, followed by a program at 7 the o'ceoCfi, Including selections by Twenty-fourt- h wsrd "M"'mn' qisar-tet- .-D. won ths .1. S. ohun which contest recently. The armual awards fur "M" men's alvitlee will (be made that time. Dancing and a candy itevrwer will cJoso toe evtaiirttr's The pHtrnn and patronexne win be at the ward and members of the high council and their y; t r. -- . " "- - " .' Our Entire Stock of Couch Hammocks Reduced for Quick Disposal y s wives. ALLEGED KLAN8MAN FREED. Pa.. June EltFlNISBtTRlOS, Bamuel- - Evuns, alleged member . of the a murder Indictment which grew out of a tight between klansmen and the townspeople ef Lilly oa April 5. was by a jury here tonight. The Jury deliberated for one hour and twenty minutes. Ku Klux Klan, tried on II II Takes years off your . - t- jcti I I '11 ssss w U UJJM 1 U ij HJL1J J t Our line comprises all the newest shapes ' and' colors. . . Prices greatly reduced for 'this special sale". You Orijrinally $16.00 to $115.00. choose while (L 1 O00 00 .. --w they last r.-- 41 to $44 ample-securit- y, A number of patterns slightly damaged and soiled in shipping, priced as follows: vounror when you start wearkig the Area Preauvtr Shoe and have ytmthful, actfva feet. You'll jet a new joy oirteBfe and you 11 find yoarwrif VTOtrU, acta ally fed yean $16.00 to ClONO ml s, 24.00, to close at. ami Srosra Kid In 'VITUf Kid 1 ' . y U $11.00 $12.00...:'-- ' r . ZIO MAIN v ? V "BETTER: 5I2.CO $23.50, to clof t. . $40.00, to eloeo at. ... . $I0C3 $20X3 Sale of above merchandise "will begin at o clock Monday, morning. , get acquainted with thl batter shot? In A ESTADLISnnuCT tmc root araia-,- SHOES" for Mea li it I 1 1 1 1 I 7 IGaODlUBKlTUim' i-' 8 11 |
