Roseburg news-review. (Roseburg, Or.) 1920-1948, November 05, 1925, Image 9

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Roseburg news-review., November 05, 1925, Page 9, Image 9

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Newspaper Page TextSection Two (dou gCas 'rJiz OU NT vol. xxvilno. m or roscburq review ROSEBURG. OREGON, THURSDAY. NOVEMBER 5. 1925 VOL. XML NO. 1M OF THE EVININO. r . i IN STATE FINANCES FORSEEfd F Study of Figures Indicates That There is Little Chance . For Escaping With Deficit of Less Than $500,000 ; Cash Available to Pay Warrants By C. C. CHAPMAN. Editor Oregon Voter. Unofficial reports emanating from official sources at Salem have suggested that there will be little or no deficit In atate fin ances during 1926. despite loss ' of cigarette tax and other reve nues by referendum, and that the state taxes will be reduced by more than $500,000 for that year. Whether there are any such prob abilities should be known soon, as the state tax commission Is required to prepare its estimstes and levy for the 192( state tax early In December of this year. Here Is how the situation sixes, np at this time: Direction was given by the last legislature to the state tax com mUslon to levy not in excess of one-half mill for the 1926 re quirements of the soldier loan hoard, officially known as the World War Veterans State Aid and Sinking Fund commission. This year the levy was one full mill. Discretion wss given to levy less than one-half mill should the state tax commission decide that a lesser amount Is needed. The prospects are that the levy will be for one-half mill or nearly one-half mill. A reduction of state property taxes of one-half mill, possibly a little more, may therefore be expected for 126. If the reduction Is one-half mill, the state property tax In 1926 will be about $500,000 less than for 1925, which will be welcome pews to property owners. Likewise, the state tax commis sion has some discretion as to levies for other state purposes, but there Is no hope that It may rednre the main state levy below the 12.038,432 permitted under the constitutional limitation of Increase In this levy to 6 percent of the previous general levy. This year the general state levy, for purposes within the t percent limitation, was $1,923.04. The increase from this year's amount, by $115,383 to $2,038.43, would appear to be essential. In fact, what the state really Is facing Is a prospective deficit, for 1926. of from $500,000 to $900,000, due to the referendum of measures which the legislature Intended to provide revenue to cover Its appropriation. - On the basis of figures before the legis lature at the time It convened, this deficit would araount to 81. 470,000, assuming Us appropria tions were to be as great as ulti mately they proved to be. But before the session adjourned, the estimates as to receipts from In come tax and inheritance tax were revised upwards by $350,000. New revenue measures, not referended, provide an additional $208,000 for the blennium. and Income tax collections have exceeded the an ticipation by nearly $30,000 more. By virtue of this extra revenue, the theoretical deficit now con fronting the atate Is only $885. 000 for 1926. But receipts from other state activities also are greater than were expected. In proportion as this Increase Is maintained, the $885,000 prospective deficit will be reduced.' Also, there are some appropriations which will not be needed In their entire amounts, promising a further reduction In the deficit of approximately $250, 000. It is not unreasonable to expect that, by taking into account the probable unexpended balances of such appropriations, and the probable Increased receipts from other revenue sources, that the prospective deficit can be whittled down to $500,000 for 1926. State officials may find ways of figuring finer even than this, so that by more liberal estimates ss to unexpected balances and pro spective receipts, the anticipated deficit may be reduced under the so 00.000 but It will require sharp Wencils to get it below that sum. Even with this defl.-H In pro spect, there is little probability that the atate will have to go on the warrant basis, at any rate for any long period during 1926. for the reason that motor vehicle license fees and gasoline tax. ul timately ,'deatined. for .('Highway work, are cptured at first by the general fund and there held un til the period arrivea for their transfer from that fund. This accumulation Into the general fund, while obligated as to Its final destination. Is available for cashing warranta ao long as it visits In the general fund. While theoretically the funds available for general state purposes may be exhausted, use of the highway funds temporarily In the general fund may tide the atate through without having to stamp warrants "not paid for lack of funds." This temporary use of highway funds may be regarded aa not ex actly the best financial practice, and It does set a bad precedent for abuse. Nevertheless It would appear to be justifiable under the law and also by good business. It would be unfortunate to with hold payment of atate warrants when funds were on hand from which they might be paid, pro vided the amounts so paid out could be restored in time to per mit their transfer to the highway funds. Even with this happy prospect for 1926, the deficit at the end of that year will be a real one. and revenue must be found to cover It. If the cigarette tax Is upheld by the people, and also the 'bus hill and the 10 percent bill, the proceeds of those meas ures will begin to come In about January 1, 1927. They may yield a sufficient amount to provide for the 1926 deficit and such state expenditures for the 1927-28 bl ennium aa are not provided for by existing revenues. The 1927 legislature will have that problem before It, and It bids fair to be a serious problem. In the event or failure of the three referred revenue measures at the Novem ber, 1926, election, the problem would attain the proportions of a crisis in state finances and would force resort to new aources of revenue which. If taken to the people by referendum, would tie (Continued on page four). REPORT IS LIE Ofl RESULTS AT FISH HATCHERY Over Million and Half Trout Fry Placed in County Streams LOSS IS QUITE SMALL Percent of Loss in Eggs and Trout Fry Smaller Than in Many Other Hatch- eries of State - . WHY DOES A PUBLIC UTILITY NEED MONEY? 1 POWER. COMPANY! I 1 YULSvaukTNnj S INfKOCMM A public utility such as The California Oregon Power Company furnishes an almost continuous opportunity for the investment of capital That is a healthy sign of growth. When you build a new house and call upon the power company to "turn on the lights," the company immediately begins to draw on new capital to buy and install new poles, new wires, a transformer, a meter and other equipment. Right at the start, each new connection costs as much aa all k win earn for the next five or aiz years. For every dollar of new revenue each year, the company must invest at least five or six dollars in new and improved facilities to reach that dollar. And every so often, when the growing market for power reaches s certain point, it must build additional power bouses, generating machinery and transmission lines. o4 big investment - a slow but steady income a proven ability to earn a AH these new facilities have reasonable amount of money. . But they earn money tlowty steadily and surely, but only a little each year. The money to pay for them in the first place must therefore be obtained by offering the com pany'a securities for public investment. The power company that is always growing must fre quently need new capital. And it always pays just as much for the use of this capital as H is obliged to pay no more. New Copeo Preferred -will yield 6.52 As a Preferred Stockholder (one of nearly 3,000 bi this territory) you are personally interested in seeing your com pany pay less and leas for capital as its securities grow in : value. Or, as a new investor, you are equally interested in the higher appraisal of Copco Preferred Stock as shown by the dividend rate of the new imue6.52jfit on the investment. 4,' THE CALIFORNIA OREGON POWER COMPANY OFFICES: Mcdford, Grants Pats, Roseburg, Klamath Falls Oregon Yrelca, Dunsmuir California A total of 1.617.205 fish wer planted in lakes and streams c nni.lk. r.n.,Hw Ik. - . ka.'ln been batched in the Rock Creel port filed by Superintendent T. H Hill with the state name commis sion. The hatchery handled 2.041, 230. with a loss ol 95,051. There were 1 Hfi9 8.5ft flh hatfhed of which 25.451 were lost.. The hatcherr planted 431.069 steelhead trout: 41.006 black spot ted trout, and 1,145.130 rainbows. The heavy losses, according to Mrl Hill's renort. were rine la rie- mja i.i iranapunauon ana man temperature and low water during the' summer. The hatchery apawned 197 fe male steelhesds, taking; 618.450 eggs, of these 78.806 were lost, leav ing 111 AAA whli-t, li.hl Tk. n ...... M " ...-., U.IUIGU. in. loss In fry amounted to 6.575, so that the number planted amounted tO 431 0n4 Th.a. vara all in Bock Creek above the hatchery aam The black spotted trout were placed in McComas and Kelly Creeks, tributaries tn nnrir riwk The Rainbow trntit .... wan. ceived. from Diamond lake. 1,4. 230 eras being received, only 8,947 eggs oeing lost. The ilsh batched numoerpfi I 17K tkh hi, th.M a loss of 233.631). leaving 1,145.130 " oe piantea. These were dis tributed to Calaooois river rimii (.creek. Cow creek. Myrtle creek Little River. Chevlgny creek. Hem lock creek. Twin Lakes, North fm pqua river and Rock Creek. The loss on fish would hare been much heavier had not Mr. Hill discovered the nlnn fn, (ha n..k of so many fish while other hatch eries were unable to solve the dif ficulty. During the summer prac tically all of the hatcheries of the state were reporting great losses, which were unexplslnable. Death Of fish WSS alan nnffwl In ih. . 1 at Rock Creek, but Mr. Hill dis covered the cause was the lack of sediment In thm vat., k -i- ring up the dirt from the bottom of he pools, at1 frequent intervals StODDed the lnao It,,rln .k i water period the stream became so free from sediment that the fish did not procure enouuh to keen them healthy, aa a large amount or grit Is demanded, and trout do not pick up sediment from the bottom ss ao some otner fish. This tmilhla .,.11. nuAMinM. by Mr. Hill and consequently the losses at the Unfit fraalr k.l.h. were light compared with some others of the state. 15; P. H. Churchill, 120; u Bell, 15; G. P. Wharton, 15; W. P. Chap man. $50: B. U Eddy, 125; Bluer Misters, 65; W. A. Bogsrd, 610; F, W. Althsus, 63; U O. Devsney, 610; H. O. Althaus, 65; C. W. Lundeen, 63; T K. Schrum. 65; T. L. Whar ton, 65; Minnie Bell, 65; B. B Compton, 610; E. R. Kenney, 610; Louise Jennings. 6150; Lillian Wclchleln, 6150 Ethel Webb. 610; Mrs. C. H. Davtes. 62.50; Uenn Cerretson Co., .625; Cordon and Bishop, 612: Harrison Folk,' 65; Douglas County Flour Mill, 640; H. B. Roadman. 61: Mark Bice, 66; John A. Meals, 62; W. A. Burr and Son. 820; Central Oarage. 625; L. J. Barnea. 612: Pickens Bros, $30; Economy Grocery, 630; Ben B. Irving, 610; Florence Sinnott, 62; Mildred Sinnott, 61: Dorothy Kills, 62.50; W. L. Rose, 61: A. E. Ramber, 65; W. R. Flnley. 65; Jos Heldrnrelch, 65; A. J. Oeddes. 630; O. C. Houser. 610: G. A. Bonebrake, $15; Mr. and Mrs. Carl B. Neal, 625; R. E. Crawford, 65; E. R. Fick ensther. 65 :H. A. Canaday, 625; Lee A. Wells, 635: A. C. Seely, 645; I'mpqua Valley Bank. 6115; George Trapolls, 610; A. M. Knudtson, 625; Commercial Abstract Co., 650; The Ladies Shoppe, 640; Andy Veline, 65; Jack Slnnlger, 630; Carl Wlm herly. 625; W. S. Carpenter, 612.50; Sylvia Brown. 66: E. E. Wlmberly, 620; Duds for Men. 650: 1. Ketch. 65: Jas. Fletcher, 65: John Doe, 61.50; Mary Beams, 63: Virginia Jones, 61; Fred Strang, 65; P. Den nick. 61; I. B. Riddle, 616; Leota Wilson. 65: Chas. Robert, 65; J. E. Sawyers. 67.50; W. C. Belt, 610; George Sewell, 65; George K. Qulne, 615: Dr. E. li. Stewart, 645; M. F. Middleburg, 615: E. A. Brit ton. 625: W F. Thomas, 65: F. C. Frear, 65: Efith 8. Ackert, 6: Harry Burr, 65; Vernlta Kohlhagen, 65: Mrs. C. C. Alley. 62.50: W. H. Busiell, 62.50; John Doe, 61 ; Whar ton Bros 625; Mrs. R. D. Williams, 610: Mrs. J. A. Fulcher.'65; Norman ANNUAL MEETING e . a The regular annual meeting of the I'mpqua Broccoli Ex- 4 change. Inc.. will be held at a the city hall, Roseburg, Sat- nrday. Nov. 7th, 1925. All members are urged to be pre a- a ent aa many matters of lm- a portance are to be considered, a R. A. HERCHER. . f President. FOSTEK BUTNER, Sec'ty-Manager. Fisher, 61; Macon Smith, 62.50; Fred B. Lockwood, 65; M. D. Kehr, 65; Joe Campbell, 65; Chester Pa- den, 62.50; Vernon 8trum, 62.50; C. A. Lockwood Motor Co., 625; Ford Singleton, 65: Karl Burch. 61; Wlllard Service Station, 625; Ter- Douglas County Property; Assessed 65 Per Cent Actual Value, One Point Less (AanrlaM mm LmifiI WIi.) SALEM. Ore., Nor. 5 On the mtual Barber Shop. 620; Stephen. .I8' 0U", nlS0.?" V? Auto Co.. 616; Terminal Garage, f""' w by. 630: Terminal Hotel. 140: WH.I.r ! " .? ommloalon ast night. Show- and Agee, 650: A. A. Bellows, 620; Sanitary Lanback, Beauty Parlors. 62; lis 61; Wilson Tire Shop. lng the relation of assessed proper ty vaiuea to actual values, are slightly lower than the 1924 ra tios. This la according to a state- lnVrCn 'm0 ,QUln" b m-n of V. comm .: Goodman Co., 630; Lucille Lenox, .ion 610; Elvln Strader, 64: Dr. B. R. I Jl ,, .. . Shoemaker. 636; Dr. Lucetla Smith. I?0.Th ",. ' '? 615; Weatherford Barber Shop. 61; tf"? ""," "o ll5 lMt Rice and Rice. 650: Beauty. Studio. ;":,,.h M tTZ at . n v mwiA a ejA. ty riuoi remain at .06 and .44 re- C Pon.r 6I0' Frank bill's S,:I1f: '"""v. ""' Lane Is Increased p jh! f JHi: l'rom -65- Jon county aj Hirdlng. 65; C H. Iwler Slleonunua. ,t Deschutes Is de- Rn- u VL"'..01- fro Douglas re in. I iJcKI5.T- V'k duced from .66 to 65. and Umatilla Miller, 620: F A Cook, 610; Fred i, decreased from .70 to .69. rurirr. sj.so; r.siner Miner, 3; The ratio for all counties this -year, with a comparative column I for last year, follows: 1925 1924 County R. L. Whipple, 620. NOTICE I, C. W. Lawson. am moving mv Dakar business, known aa the Oak St. Illenton .... Garage to Stephena St., In the Clackamas Hugh Harrison Bldg., I doors north Clatsop .... of Standard Oil station. My new Columbia ., location will be known aa Lsw-iCoos son's Oarage and Machine Shop. ; Crook . . . ; . percent per cent 70 60 40 78 71 60 58 CHICKIN DINNER AK V AZAA.lt. ' The Ladles of the Roaebxg ? e. Rebekah Lodge ' will serve a S chlckea dinner on Wedo day, November 18th tn t-e ) salesroom of J. O. Newlaava Oarage. They will also ht 1 a baxaar. 11 6 Carry Deschutes .. Douglas . . . Gilliam Grant Harney Hood River , Jackson . . . . Jefferson ... Josephine . Klamath .... Lake Lane Lincoln .... Linn Malheur .... Marlon Morrow . . . . Huiuiomah lolk Sherman ... Tillamook . Umatilla .... Union Wallowa .... Wasco Washington Wheeler Yamhill .... SO 46 65 . 60 71 , 66 , 64 61 71 6T , 66 6S 65 85 53 59 56 75 E4 44 64 80 69 78 . 69 . Tl 46 78 54 rto 46 - 66 '. . 7 66 64 '.61 Tl "6T :7 ; -5S 66 :b6 7S ' 64 44 .84 -86 -7S '? .63 78 4T 76 66 NOTICE Party who took rim' and tiro from the Ford roadster Saturday night at Long's Hall, is known. It he will return It to me at Wilbur, Oregon, nothing will be said, oth erwise he will be prosecuted. a H. BATES. - Studesaker Bullae no yearly models. I A " ..v XA Following Is a Hat of contribu tors to the Community Chest fund. The list Is published at the request of the committee In order to pre vent any possible errors. If any errors are noted It Is requested mat tne committee be notified. The contributors are as follows: California Oregon Power Com pany. 8120; W. F. Shelley, 85; Rsy Lnox. 65; Wlllard Johnson. 85: T. P. Randall, 85; Miss Grace Tay lor, 85; Ave J. Darby, 85; Harold McKay, 85: Uoyd Crocker. 846: A. H. Crowell, IH; Mae Fisher, 84; Adele Bemis, 82; Ewart Bros.. 85; Alice Mshn. 810; Fred Neurlther, 8i; Jess Hicks, 82.50: Clayton Neg- ley. 85; W. E. Cllngenpeel, 81; Ed Walker, 810; A. P. Rapln, 812; L. A. Dlllard. 825; Claire K. Allen. 826: J. R. Chapman, 810; H. C. Church. 812: George Kohlhagen, 850; Ed S. Cockelrease, 812; The Fern, 820; mancn layior, 83; Douglas Nation al Bank. 8100; L. N. Smith, 81 Hen ry L. Golgert, 84; Esther Edmsn. 82.50; L..L. Marsters, 63.50; Doug las Co. Creamery, 850; Wm. Aden. 812; Drager Fruit Co.. 825: V. T. Jackson. 825; John Hunysn. 825: nuDsr Hros., 640; John Kdwsrds. 85; C. E. Banning. 810: A. O. Suth- erlln. 826; O. C. Flnlay. 840; mk- rence tioux, 842; I. Abraham. Ijo. George Culver, 810: Douglas Ab stract Co., 648; W. F. Carter, 812: Guy Cordon, 815; Camp View, 810; r Dorit go .after that bite' hammer and tongs Don't jump on your poor suffering pipe and yank his head ofi 'cause he bites your tongue hall in two ...The old boy's just showing his wisdom tketh wise-cracking about your rank tobacco But try this treatment: Drill the cav ity out and put in Wellman's 1870 filling that's Granger Rough Cut . . .This operation '11 be 100 per cent successful and never again will your old pipe pull any more of that "biting sarcasm." 9 Wellman'sMethod removes all harshness and bite Wellman'a tortious old 1670 i lowing method not only takes oil trace of bitterness and bite out of tobacco, but brinfsltto a mild, spicy richness. There's no other method like It, nor any other tobacco Uke ' Orongsr. Packed In heavy fofl instead of tins hence 101 I a si: v. i I tMH I Vtim TMerfl C Koy Catching. 825; Churchill Hard ware Co, 8x0; A. W. Wampole, s