Roseburg news-review. (Roseburg, Or.) 1920-1948, January 06, 1938, Page 6, Image 6

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    SIX
ROSEBURC. NEWS-REVIEW, ROSEBL'RG, OREGON, THURSDAY, JANUARY 6, 1938.
MKDFfHtr), Jim. fi. (AP) Mux
ine Ilanlini?. I'ro.siJi'fi ilist i h i
Mcliiiiil ihiouL'h )i-r pun nihil)
toibiy lil-il Mill in circuit court
against Ht-Hloii lh ie ; i'rtMM-l
dlmriit school bus driver Kr $2,
utitl nlli't-M-d diiiti;u-,e:., hh tli result
of mi iili'in it year mm, in which
Iditilitilt lest the sieht OI' her riKht
''.
The eomphiini alleges that "line
10 the ronli and violent play of
lame buys ol hiiih Kchool aye,' she
wax laevi-iiicd fiuni enierint; the
has by the regular entraint', mid
further alley.d (iiii-'e failed lo ex-i-ii
-i.se cdiiltnl or .suijervi.-'uai over
i he youths.
The plaintiff v.a.s lifted throimh
a rear door by oilier pupils, after
which she dipped and hit a hard
object caiisiMK her eyc-ylass to
break, and fragments of la-ss en
tered the eyeball, the complaint
na s.
DEADLOCK TIES
SHIPS AT SEATTLE
(Continued on jase 6)
innde to interfere wiin Tacoiua op
erations, although loiiKshorenien in
Tacoaia still htdonn to the Inter
national 1-onKshorenien'H associa
tion, A Fl, ntiiliaie, The I. J,.
I'. is CIO.
There w.m talk here of reviving
the I. L. A. in Seattle, now a skele
ton organization with most of its
ioriner taemheiship in the I. L. V.
I. Aleehan scoffed at this possi
bility, sayini; 'the only place they
can wet lont'slioreinen is from us,
and our men w m"i join it."
KmployeiH Fiiid they had made
no contract with the A FL union.
Hay Catkins, Tacoma, coast sec
retary of the I. I.. A., issued a
statement yesterday sayinii the
present trouble involved a CIO un
ion ami not the AKL-nfiiliaicil I.
I.. A.
The dispute which halted port
activity started over unloading a
i-aryo of hides from the small
Canadian steamer Holder Prince,
a ihiec-hour job for a six-man
crew. Longshoremen contended a
.November i;i derision of the joint
labor relations rommitiee awarded
them the ritfht to handle caryo des
tined for trans-shipment to an-
REPORT OF CONDITION OF THE
Farmers Security Bank
at Yoncalla, County of Douglas, Oregon, at close of business
Dec. 31, 1937.
KKSOl !(CKS
Loans and discounts $ H'..7!i!(.:il
OvcrdiaftK M.r.)
Cuited States C.overnmeiit obligations, direct and or tally
guaranteed
Other bonds, stocks and seruiities
Cash and dim from bunks
Oilier rifriources, iududiu;.', cash items
Total resources
I.IAmiJTIKS
IVmand Deposits:
(at Of individuals, copartnerships, curm
lions, etc
Oil Of state, county, municipalities, etc.
'toial demand deposits f
Time Deposits:
() Of individuals, copartnerships, corpora
tions, etc iM.Tiill.H!
Total time deposits ,i
Capital Account:
Capital J iri.oiiu.Hii
Surplus r,iiiini.nn
Ciulivided profits, net (if a deficit so indi
cate by ) !),Jll.!t."i
He:;erves 7. .".on. mi
Total capital account (Includes K.r.uii capital
debentures and, or borrowings) ,i
Total liabilities y
M KM KAN DC M : Loans and in est meiii s pledged:
C. S. Ooveintiieiit obligations, dii.-d and or ttillv guar
Ullleed ' $
Oilier bond:', slin ks and SecUliUes
Total pledged excluding rediscounts J lit.tuin.no
Total liabilities secured by the pledge of loans and or
invesliuents $ "i "i I 'Ci
STATK OK itUKHON. County of Douglas, ss.
I. A. L. Lassuell. cashier of the above nairn-d hank, do solemnly
nwear that the above statement is true to the l,--t ol m knowledge
lllHl ''l'f- A. I. LAiiSW i:i,L. 'Cashier.
Subscribed and sworn to he- :
fore mo this fith day of Jaiiuar). COKUCCT Atli-st:
lt,;ls- . jkss i: assv;:i.l.
J A M LS !:. .McCIJNTi CK. No- .1. S. I.ASSWLLL.
laiy Public for Oregon iS.alt A. I. I. VSSWU.L,
My commission expires June t:', iiie tiu
P'H).
fij ci imfm
BOURBON WHISKEY
" f 1 0 0 F Iii isvijf i l
An Outstanding Favorite! ! 1 1 1
t 5 c ! I 1 jiumKEy Jj
8I20 QUART
CENTURY DISTILLING
Ex-Private Named
West Point Head
f S, 1
'If
i.7
M JR.;:, i
t rom private to brtuadicr gener
alship and the supenntendency
of the U. S. Military Academy at
West Point, N. Y., is the excep
tional record of Jay L. Benedict,
above, appointed commandant of
cadets, beginning next February.
oilier vessel, Km plovers asserted
the Itordcr Princes ciil;o should
tic sIuiik direct I y from her holds
lo the hccoimI vessel's hold without
landing it on the pier.
The lonjishii emeu formally ask
ed for re openint; '-f the port be
fore the deadlocked conierence
lust niht, and cbaiMi'd the em
ployers breached the ameeineiil of
Feb. 1. l!i:!7 iwhlell ended thf V-Cf.-'A
midwinter tieup) by refusal to
arbitrate and by the alleged iocl -oiit"
which took ctfeci at noon yes
tenlav. McNARY TO FIGHT
CCC FORCE SLASH
MKIil-'olilt. Jan. n-iAI'i
Sena i or ) harb's I Air Nary, from
Washington, I). (',, wired the Jack
son county chamber ol couiinerre
he would support the urnaiiizn
t ions pi nt si auainst proposed 2.",
per cent reduction in the ccc per
sonnel. 1!".,IIII0 (IH
JllN.I'.l.ls
,HI!MM1
'i.HHU.itn
CO, PCORIA, ILL.
WASHINGTON. Jan. ft (A I')
Southern senators, banded toy eth
er for u pndoimed flight against
ttie unti-lyiichiiiK bill, j.'ave imiue
diaie eidence of delny tactics to
day as senate debute on the bit.
not under wuy.
They were hopeful that the bill,
which pave up under a senate
agreement made during the special
session, would be shelved to make
way for President Itooseveli's leg
islative program.
OuriiiK the first half hour of sen
ate consul ei at ion, the entire bill
was read and a quorum call de
manded by Senator MiKellar ( ).,
Ten ii. ), although I bere bad been
one lf mitiiites ealier.
Ifelore r lie debate started. Sena
tor Connallv (I).. Tex), leader of
the onnosilion. issued a statement
'asserting the bill was an attempt
to "deliberatelv" mislead the puli
lie. After reading of the bill. Sena
tor Lewis (!., Ill ), offered an
amendment m strike out the pro
vision excluding gangster or labor
violence from the definition of
lynching.
Senator Ideterich (!.. III.), said
that the section exempting vio
lence in gangster and labor dis
putes had been written into the
bill in an effort to protect coun
ties from unwarranted damage
suits by the relatives of gangsters'
victims.
Hi? said gangsters often "dump
ed" their victims in oik? county
after commit ting a crime in an
other. A change in the language
J of the bill, he said, has eliminated
i necessity for the section.
Senator Wagner, co-author of
the measure, defended it from at-
hacks of southern senators who
riaid it was an invasion of states
rights. The bill covers only of
fenses which are u violation of the
fourteenth amendment of the con
stitution. Wagner pointed out.
TIHrY BABY
STREET CIH DIES
ST. LOriS, Jan. f!. (AIM Mrs.
Ceialdine Worth. lS-year-otU ex
pectant mother wiio started to the
City hospital by st reel car today
arrived there five minutes after
her new-born child had reached
Ihe hospital.
A baby boy was horn on the
street car, but the passengers were
so occupied ministering to the
mo! her they failed to notice the
child. Mrs. Worth was taken from
the car by a policeman who call
ed an ambulance.
The si reel car proceeded on its
way. A few blocks farther, a wo
man passenger discovered the
child, tying on the floor. The
car was slopped and an ambulance
was summoned. It brought the
baby to the hospital be f o re t h e
mother arrived there.
The baby weighed only 23
miners and. although it was placed
in an incubator immediately, died
at the hospital this afternoon.
CORPORATION TAX
STRUCTURE CHANGED
(Continued from page 1.)
the ind5 vidua! stockholders from
payment of high surtaxes on divi
dends." Corporal loiiy which will not fall
in this calego'y, he said, are those
with net incomes of less than
$f0,niUi; corporations that distrib
ute ill i per cent or more of their
net income in dividends, and cor
potations that are not closely held.
Standards Listed
He gave this statutory standard
for determining whether a firm is
closely held:
If one person, including his im
mediate lauitly. owns more than
."til per cent oi' the stock by value,
the firm is closi ly held.
If t u o individuals own f:i per
Cent, three persons fit! per cent,
four persons fill per cent, five ti
per cent, six d per cent, seven tiS
pei- rent, eight 71 per cent, nine 7 1
per cent and ten 7.'i p.-r cent, the
iii m is closely held.
If the persons owning the stimu
lated portions of t he stock by
value , :ni hov, ho 'vr thai they
U. S. Commander
On Yangtze
iv1 p$r0.
Protection of American lives and
property along the Yangtze River
where the U. S. S. Panay was
sunk has been entrusted to Rear
Admiral E. L. Marquart, above,
made commander of the Yangtze
patrol with headquarters at
Hankow.
do not control the dividend piTiicy
of the company, (he linn will not
be considered closely held.
T
C;oU 11EACH. Jan. 6. (AP)
Kd Hansom, a Brookings rancher,
unwittingly qualified as a stunt
rider at his ranch, on Harris
creek.
Ransom mounted his cow pony
and took after a dehorned Im.; he
wanted some other phu e than
where it was. The bull had other
ideas. He wanted the horse and
rider in u different dace from
where they were, ami he nad his
way. temporarily.
The bull butted the horse, knock
ing it down, and caromed the
rancher ustrh.t the h". The hull
started bucking and gave Kansom
an interesting ride for a spell un
til he w as bucked off over the
bull's shoulder and fell, striking
his own shoulder with little dam
age. Having dUpo.-ed of this adver
sary, the hull detoured his atten
tions lo tin? horse, which easily
outran its pursuer while Kansom
limited to the safety of a fence.
MINISTER DEMANDS
CRASH DAMAGES
OMAHA. Neb.. Jan. C (AP)
Damages of SUfi.nun from the Mid
west Studios, Inc.. of Portland,
Ore., for injuries alleged lo have
been stiifeied in an automobile ac
cident last July, are sought by the
lii'V, Aitlnir J. MeCluug. of Spring
field. .Mo., in a suit on fik- here to
day. lie alleged a car in vol ed wa.
ilriven by a crew manager lor the
midwest firm.
M cClung's brother-in-law. the
Itev. It. , Vauderlippe, of Oma
ha, was killed in the accident, uear
St. Kdward. Neb.
ASTORIA. Jan. (i -- AP)
Kerosene poitred into a kitidii":
range resulted in a tire which de
stroyed the Siiooo home owned by
Oeorge Carter. Mrs. Carter was in
jured while removing possession-;
in'riuiHs
It I.. Kit.lv. i-ivM.L'Nt
I ii" 1 1 K nil 1 1. 1 Heti. Vire- Pre
.1. K ,Mi i'llllle. k. Se.-l .-t.irv
Hi.
H, V. Slii'ng, Tn;isunr
FINANCIAL CONDITION
of
Douglas Building & Loan
Association
Supervised by The State of Oregon
ROSEBURG, OREGON
as of December 31, 1937
ASSKTS
Cash on hand and in hanks
Federal Home Loan nank Stock
Ileal Kstate Loans
Advance lo lluriowcrs
Ileal Kstate lleitr Foreclosed
Keal Kstate Suhjccl to licdeiuptiou
Real Knlale Owned !
Ileal Kstate I'onlracis
Stock Loans
Lite Insurance Advanced
Accounts Kcceivahle
Taxes Suspense .
Furniture and Fixtures
Total Assets
LI ALILIT1KS
Members' Invest ments
Loan Fedeial Home Loan I tank.
Taxes Payable .
1'elerred I'rofits f i oni K K Sale
Reserve for interest on member investments
Reserve for Had iNdMs
Feiinanent Reserve Fund Stock
1'repaid Fire Insurance
Prepaid Taxes . .
I ndmded Profits idetieil)
Total Liabilitirs
Sl'ATK OF ii:Ki;iN. r.mnty (:f Pouula. .
1. J I'. Mcl'lintoik. scctetary of the above-named associa
tion do solemnly sweat that the above siatement is true to the
bc.-t of my knowledge and belief.
J E. McCMXTiH'K. .-octetarv.
Attest R. L. Fddy. Ptesident.
i SubscnheJ iuid swoiii to before me this 5th dav of Janu
aiy, I'.ijs
si Si all l.KON K. Mcri.lNTiU'K. Notarv Public i.ir Oroiron.
II My couiiuis.-iimi expin-s June 12. H'H.
hankow bombed
U l J "VI I
(Continued from page 1.)
men, money and in unit ions was
i,. neralisimo Chiang Kai-Shek,
(-teii with fu:l power over mili
taiy an:' civil (iff of China under
a g iverrm.t-nt reorganised on a
v ar ba.-ds.
I'nder Chiang. ln II. II. Kung
C! jane's b mother-in-law and China's
t-neraliHy.imo of nname was
I laced In char.-e of economic af
fairs ami iudust.i .-i. i,r.,u summer
in. Kung toured Kuiopean capitals
i-nliyting credit and munitions.
(;. n--ral Ho Ving-Chiu, minister
(f var. vi-ieraii of the 1!H1 and
II PI lew.lulioiis and graduate, of
t.ie Japanese military (otiegf. was
(itiieit rhief of the general staff.
(Jificials insisted the govce jiuu nt
had eiiouj'h money and aims for a
long war.
Aline. Chiang Kai-Shek's air
;on e ( which persistent reports
haw said was hein- slient-'thened
ith foviet planea end pilot.-,) was
active again.
(In Shanghai, the Japane.-e em
bassy s,oiifsman said the em
bassy had received reports of
Hangchow "Incident.-;.' which folio-.
-ed Japanese occ i)ation. lie as
serted a group of Japanese sol
diers, one of whom was .said to
have slapped a French bi.-hop, had
teen puniniied.)
Soviet Aids China
(North China reports were
I ne veteran fed strategist
that
Chu
Teh had been 'named commandm-
of all northw st :or(.t s, including
bands ci' hard-ri iin .MoliaminiMlan
i aiders. 'I here vere i.nconf irmed
reports at Peiping that Soviet Hus
sia was returning to China outer
Mongolian armies which for l."i
years had been eoviet-supporto 1
and trained.
i Military observers assert ed
China must place increasing re-
j Iii nee on gtier -flla raids against
thinly-iodd .lapane. e com.minica
lion lines rather than on costly po
sitional defense,
I (The observers also espressed
the belief that Soviet Itussia was
supplying China only enough war
materials to continue guerrilla
tactics.)
I.OS AXGKI.KS. Jan. (! (Al'i
Kxceinion to the published
statement of Admiral Siietsugo
that Japan believes in the "libera
tion" of the world's colored races'
j from th" shackles of white suitrem-
tiey was voiced here in an inter-;
view by Ichiro Hat ova ma. leader j
of the conservative seiyukai party
of Japan.
"I don't know why Admiral Suet
siil") should say such a thing," said
I latoyama. en route to his home
after a visit in London. "It is not
the way the Japanese people feel
at all."
U. S. AIR BOMBER
OBJECT OF SEARCH
(Continued from page 1)
lephurn. sent a message to the
ssociated Press through his flag
secretary saying :
j "No details missing plane avail
table. Search in progress."
STABILIZATION OF
WORK SAID NEEDED
(Continued from page 1.)
( weel.s, such as we had in
l'ecem-
; her." Knihisen rep. 'ed.
Knudseu disdu.-e I for the first j
Mime that Ceueral Motors e ha ret
earnings amounted to S I. is for
1!K17, compared witn in PCiG. 1
He !,aid Oeiieial Motors tax bill j
increased f a.Oeu.mu) in l!i:!7 to
$7().Mi).H Mi, exousive of .he auto
mobile excise la::. j
Upward Trend Expected !
As to the prospe t for an early,
upturn in busine.--.; and an end to
the re.'essii 11 Klltl'lsen e; reused
lie
iilli;
ell
I! V
1-Mw. ' !. K..l:lli;ig
.1 K M. i Inn.., k
lr. K. II Sle:il
A. S. l'MfM
J.Hmt oil
2,ll."im
U,!'!o.;!7
I'll. 71
nni.r.i
?l77.7::i! it
l:..."!'7.0'i
!.!':t:'
::.71m.t t
u.ji.o.mo
n;r.7l
;ii (i.i
optimism, saying the trend should
be. upward in the spring.
"I belie vi; it is onv u temiK)
rary rece :.-ion," he saie". "1 have
said an all a.otig. 1 look for recov
ery and wh are making our plans
accordingly."
Talk n?: of lack of confidence as
a recessive iniiueiice, Uynies usk
ed "when General Motors lays off
:iu,ooo men. vhat effect does that
:mve on couiidence?" He followed
ibis with aniith' r query as to
whether (Jt-iit ial Motors had t-ou-siilered
drawing on its holdings of
-'JI.immi. ) in (.;,sh Itn, govern
ment securities rathe than cut
oi f woi keij-. He said the sum
w,;uiu have kept the entire force
v.oi king for six months,
"I'd raOer w rite an answ er to
that when I hae time to think it
over," Knudseu lespomicd but la
ter ehihorated. "I ai.as want to
keep the men wot king, but con
stant em ploy men t nev.-r can be
as.-uivd unless there is ;ork to
do."
He .said the only thing the com
pany could do when wo;k declined
v. as to spread the work,
NO COERCION IN
MILL VOTE FOUND
(Continued from page 1)
era of the plants, forced out of
jobs by the bitter AKI.-CIO juris
dictional dispute, were entitled to
unemployment benefits.
ACCEPTANCE OF RULINGS
SPREADING, NLRB REPORTS '
WASHINGTON, Jan. (i. ( AP) !
The national labor relations board I
said today in Its second annual re
port that "an increasing number of
employers' have- come to realize '
it is best to accept board rulings
without opposition.
"As resistance decreases and
its work is speeded up." the re
port added, "the hoard expects
that formal proceedings, now nec
essary in many cases, will be re- ;
Placed by informal and rapid ad- j
jusiment of complaints." '
The board said it hud disposed
of 1,42! cases in the fiscal year :
ended June 3D. l!Ci7, in 4 If! of :
which strikes were in progress. j
The supreme court's decision up- '
holding the Wagner labor act re
sulted in an increase of l.Uuu per
cent in the number of cases com
plaining employes brought to the
board, the report said. It added j
that the American Federation of
Labor-C. I. (J, dispute increased the '
volume of work.
Supplemental figures showed :
the hoarrl hnil h'niJI.l 1 n r.tm
cases involved 2.SIS.Hhi workers in
the lit! mouths Vnding Dee. 1 of
these, T.oTi; had been closed.
CAREFUL SCRUTINY
AWAITS APPOINTEE
(Continued from page 1)
been so classified by administra
tion officials.
There were forecasts that the
president would select a western
man. The court now is overload
ed with easterners, and Mr. Itoose
vult's only previous nomination
Justice lilack was from the
south.
.McKeynolds. 7a, and Ilutler. 71.
will he the only remainiiiff justices
who are generally classified as
"consei vatives." Chief Justice
Hughes. 7a, and Justice Roberts,
- sometimes vole with those two
and sometimes with the so-called
"liberal" group.
The house judiciary committee
suggested to President Itoosevelt
today he choose Representative
Sumners dt., Tex.l. chairman of
Hie committee, to succeed Justice
Snthcrla nd
uiMi:c rons
. .1. Sh... IMItker. Pres.
M K. killer. V.-Pi.s.
II I'.uy.-i.-i. Sr.-.
HtlV forilnll. Atlv.
V. .1. Mn.lli. Ti-.-as.
'mrqii.'i S::ins;:i & Loan Iluilding. Cor. Jackson nir.l Oak Strnrls, noaeliuru. OieRon.
CONDITION OF
The Umpqua Savings & Loan Association
Roseburg, Oregon
AS OF DECEMBER 31, 1937
RESOURCES
Nules Secured by Mortgages $429,161.85
Notes Secured by Stock 9,161.00
Notes Unsecured 540.82
Real Estate Owned 21,772.02
Sales Contracts 49,610.36
Federal Home Loan Bank Stock 4,400.00
U. S. Government Bonds 6,300.00
Hume Office Building 24.000.00
Advances to Borrowers 6,780.42
Junior Mortgages 323.66
Building Account 624.41
Cash balance. December 31, 1937
LIABILITIES
Investment Stock $429,754.58
Loan Stock I 00230. 20
lncomplcie Loans 42.75
Contingent Reserve 2i. 5(10. 00
Building Reserve 2.600.00
IX-ferrd Profits 1.818.03
Surplus L252!62
Dividend Account 28.08
L'ndivided Profits
$570 86' 99
STATK UK OIIKCOX. ('(U'NTY OF POlT.t.AS. ss.
I II. O. Painter. Secretary of the above named association. ,o solemnly swear
thai the above statement Is true, to the best of my knowleilce ami belief. '
II. O. PARGETF.H Secretirv
Attest: SAM J. SHOEMAKER. President. "iar.
Sub.-cribeil and sworn to before me this ."th day of January 193S
Ivr 'T'w'K V'' V "ARR'S- N,ar' PuWir (or '" MX commission expires
CARR'S
SALE
Announcing Carr's Regular
January lcSale
Everyday Useful Items at
Real Special Prices
5c tumblers, table size, crystal, 2nd glass It
25c rayon panties, fancy weaves, 2nd pair It
10c tablet, linen finish paper, second 1(
5c envelopes, smooth white, 2nd package It
5c sport handkerchiefs in colors, second It
15c fancy creamers, earthen, 2nd piece it
29c extra size creamers, decorated, second tt
10c card bobby pins, black or brown, 2nd card lc
Special 4c package filler paper, now 2 for 5C
10c canvas gloves, buy now, 2 pair for lit
Assorted tin ware, 10c values, 2nd piece it
15c "Roseburg" paper with envelopes, 2nd Pkg It
25c heavy crockery mixing bowl, second It
8c bandana, red or blue, 2nd hdkf It
10c imported light globes, 25 to 60 w., second 16
Yard goods, our entire line, 2nd yard it
Special group, fancy china, glass, 2nd piece lC
10c extra heavy barrel tumbler, now 2 for lie
10c large size copper scouring ball, 2nd it
15c catalin knife or fork, special, per pair 166
8c white cup, tea, or coffee sizes, second lc
5c common pins, brass or steel, 2nd Pkg lc
Special lot men's, women's hose, 2nd pair lc
Toys for the kiddies, assorted kinds, 2nd piece It
5c razor blades, double edge, 5 in, 2nd Pkg lc
Enamelware specials with second piece it
5c shoe strings, ass't. lengths, colors, 2nd it
and 100 Other Specials on this
lc'Sale
rAnn
'0
iti-il
I'.
One Cent
Sale
iii.:i-i'iiiis
W Irnltrl v
Wilniu-rlv
11. li. Sli.i. m:ik.T
W. K. Iln is
N. 1'llll.M t.Jll
$552,674.54
$ 18.188.45
$570,862.99
$557,226.26
$ 13,636.73