Show Today BUSY CALIFOn CALiFORNIA lA SWI IN uSE lilt UK me IN GliSBy GUTS GliS Dy By ARTHUR BRISBANE E Copyright 1927 un by The Star Co Busy Dus prosperous times In Call Cali fornIa where tho the black oil stand above bright green hills AllIs pumping up millions loners floHrs and anC an blossoms blO everywhere Here at the Ambassador hotel not a a room to be had last night the same at the Biltmore and at atthe atthe the other bigger Los An Angeles hotels l The east cast hears about California's rainfall exceptional this year ear CAl CAl- CAlifornia California Cal California rejoices in It RaIn Hain Is gold here E E B Smathers Smothers who cut a corn com pleto set et ot of 01 eye teeth long Ions ago aeo Is buying California real estate and so 50 are many others A few days das day aeo he Jie a a corner comer ac at NInth an i an-i lope Hope r fo-r for half a a million dollar that he be could have havo bought when he first came here for tor one tenth of that amount 1 W B manager In the Pacific Coast Stock exchange em- em emporium of o E I F Hutton Co tells you that his business like real es es- es estate tate Is booming here h rc MIsguIded bears selling short things that they haven't got are amateur hears bears says he Seasoned bears beara that know theIr business aro are hibernating leaving the ticker alone For six p I consecutive full sessions WaiL all street bought and sold more e i than shares chares of stock stoc k dally daily dall Wise men will tell you that gO goIng go Ing short In this country just now Is like liko trying to swim up NIagara Falls alls Great Britain sends a battleship to Nicaragua to protect nationals there This country offers otters no Non Mon Monroe roe doctrine since Bince no troops are arc landed and the ships are sent merely to pro a refuge for to British sUbjects In case ot of need It Is the business of this country countr to see seo that foreigners and theIr property are are fairly treated south ot of us since we forbid Europe to t tuse use force there The world takes serIously s the story that Russian propaganda propaganda stirred tho the trouble in China Therla There Is talk of ot a a Russian army march march- marching marchIng Ing In to help the tha ultra red Ch Chinese forces Great Britain us as a you know threatens to end diplomatic rela rela- rela tiong with Uh ith Russia Uncle Sam would do well weli to stay out of ot that mess If he can Shanghai wonders what happen It if Cantonese red rebels should take the city where thou thou- thousands thousands sands of Europeans live An Interesting picture In this age agIs Is the tho Chinese executioner with Ith his heavy heaY sword a dozen or more such executioners patrolling i dissatisfied Shanghai districts lop lop- loppIng lopping lopping pIng off oft heads of those accused of planning the strike Thi fht simplicity of that method would appeal to some In the United States but they wont won't say so Mr B D C Forbes who knOws knos 8 high finance says mys the big Rocke- Rocke Rockefeller feller fortune really belongs tJohn to John D Rockefeller Jr to whom hIs father has hag given it and says Baa s that fortune does doea not amount to a billion quoting Mr Rockefeller as i authority Mr Rockefeller of ot course can can- cannot cannot not know what he Is worth and holders of ot Standard Oil stocks cannot know what their stocks tocks are worth It all depends on how ho much oil there Is In tho the ground and at which price the last Iv few billions of of barrels sell fell an the sup sup- supply sup supply ply run runs rum short By ny the purchase P 1 of ot the Pacific Oil compan company the Standard Oil company of oC Call California Cornia acquired and nd owns under under ground wealth greater than all that Standard Oil has ever paid out i More Important than th the tho size slie of Mr Ir Rockefellers Rockefeller's fortune la is the tho Uso 1180 IIO he makes of It It It He has gath- gath gathered gath ered It In carefully and given It back liberally Thus far tar his gift gifts to science and nd education Including the fight against disease and the effort to eradicate specifIc diseases disease amounts to more than coo Even en the good communist who belle believes that everything should be- be be long belong to the people and be will admit that It Is better to have one man roan of Intelligence gather a thousand millions and spend the tho money Intelligently than to have havea havi a million peo people le get It and spend It 1 ItIn In am small all dl di for soda loda water and Ice cream with nothing to o ShoW for It afterwards Great nt financial power like te great water power requires volume and properly h harnessed Is a pow pow- po por or ar r for tor good You cant can't do much with lit little le streams strums Thirty editors of the U S A ox ox- ox foundation paid by Carnegie Carnegie's founds tion will study the tho league ue of ot na na- na nr lions In operation Very Inter inter- Inte eating Perhaps now the Rockefeller foundation will send thirty other editors to China and let them study stu the league of o nations not in opec oper- opt operation |