La Grande evening observer. (La Grande, Or.) 1904-1959, February 22, 1908, Page PAGE EIGHT, Image 8

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mvssixa observer, lx grand e, oreoo. battrday, febbxary s. itwrn.
P4GK EIGHT.
A.aaV aaaa aaaaaaaaaa
IV .aV-
I WHEN i
I SICKNESS !
j COMES j
I Anything ih3t will minister to the comfort or help to
conserve the vitality of the patient is an aid to recovery.
We have many items of this kind in our stock of sick
I ' room goods. Some that we are sure people would use
more generally if they understood how helpful they are,
finfi frt the natient and attendant.
When anytning in this line is needed you will find it
here if it is to be had and both price and quality will be
right.
w
'
Ice Bags,
Sick Feeders
Medicine Dropper's
hot Water Bottles
Atomizere
Disinfectants
Lints
tied Fans
Clinical Thermometers
Medicine Classes
Syringes
Deodorants
Dusting Powders
Gauzes
Hypodermic Syringes, etc.
I NEWLIN
f LA GRANDE
DRUG CO.
OREGON
BASEBALL
AMI
Pendleton, Feb. J2. (Observer
8peelul.) Professional baseball took a
decided ' burst of enthusiasm at a
meeting of Pendleton fanB and repre
sentatives ot three towns Walla
Walla, Lu Grande and Pendleton
held here last evening and the result
of the conference Is thut Pendleton
will be In the piofeaslonal league, and
111 It strong.
A large number of fans and sup
porters attended' the meeting, anions
them Jack O'Brien of La Grande, and
the Beef town's representative, Mr.
Blllckwcll.
Not only was Pendleton placed In
the league, but an even 11000 were
subscribed to support the team. Tem
porary officers wore appointed and
these will hold until the regular elec
tion, which will be held In about a
week. Tho officers are: V. S. Gownn,
temporary president, and J. W. Hen
neiuan, temporary secretary.
JllSt. IllVOlVCll.
The Grnnde Uonde Cash company
has Just received one of the finest
carloads of Hock Springs coal that
was ever brought to this city. 'Phone
In an order.
(HEM 10
OPEN BALL
The specially arranged 12-plece or
chestra for this evening's annuul Elks'
ball will bo heard In concert from 8
o'clock' until 9 this evening. This is
to Insure a musical tr,.u, to i.. ......
who drop In early and, In fact, danc
ers cannot afford to miss this oppor
tunity of listening to what La Cirundi
musicians can do. The baton will bt
In the hunds of David Haynes of (ta
ker City. The Commercial auditorium
has been converted Into a thing
of beauty by the decoration commit
tee. The concert commences at 8 o'clock
prompt and the following renditions
will bo heard:
March "Idollzcrs," Carey
Flower song "Tulips and Pansles,"
Bennett
Descriptive "Dunce of the Skele
tons," Alien
W'Hltzes "The Enchantress," Lam pi
ling Tickles and Pepeprs."
Shepherd
Tho banquet will be served In the
Elks' banquet rooms In the lodge
home, Instead of the Foley Hotel as
1181181.
i THE GEORGE PALMER
LUMBER COMPANY
RETAIL DEPARTMENT
HAKE ALL
BANKS SA
We Solicit Your Orders for
Lumber, Loth, Shingles, Moulding
Chain Wood
We ere prepared to furnish and deliver matcial
promptly.
Call iu Retail Department Phone Main 8. .
James B. Forgan, now rusticating
at the Hotel Bon Air, near Augusta.
Ga.. has addressed to William J. Bry
an an open letter In reply to an arti
cle In a recent number of the Com
moner In which the banker's views as
to government guarantee of bank de
posits were sadly misrepresented. Mr.
Forgan Is opposed to the plan for rea
sons which he makes perfectly clear
in his letter, and he has never ut
tered anything that might be con
strued as favorable to It. The Com
moner's quotation. "Make all banks
safe," Is a misquotation so far as It
Is supposed to represent anything Mr.
Forgan ha said.
Text of the Letter.
The letter in full Is as follows:
"Hon. William J. Bryan, Editor and
Proprietor, The Commoner, Lincoln,
Neb. i
"Dear Sir: In your Issue of Jan.
31 last, In an article headed 'Make All
Banks Safe,' you quote me as having
said in connection with the guarantee
if bank deposits, 'It would make all
banks safe, one just as good as an
other, and tor that reason a man
would go to any bank with his money.'
"I don't know where you got thli
ltiotation, but from whatever source
you took it I am not responsible for
it, as I never said It. In a letter tc
icnator Hopkins, published In tht
Chicago Record-Herald Jan. 13, 1908
which Is the only authentic statement
'it my views on the subject given oul
tor publication, I said: 'It would re
luce all bankers to the same level
and there would be absolutely no rea
son why any one should not drop lntc
the. first bank he came to to deposit
I: la money. The government, being
responsible for the deposits, puts al!
on an equality and miikes all equallj
Hood.'
"This Is an entirely different state
nent from the misquotation given bj
on that 'It would make all bnnkt-
afe.' In my judgment the govern-
nent's guarantee would gradually but
inevitably reduce the high standing
tnd credit of the strong, conservative
ind well managed banks to the level
of the weak, speculative and noorlv
managed.
rinccil In Name Category.
'The distinction existing between
them now hi public estimation would
be graduully eliminated. The well
stabllshed bank, with a record ol
many years for conservatism and e-oor
management, and with accumulated fi
nancial strength, would be placed in
the same category by the public as a
jank controlled by speculators, or in
lie hands of incompetent or dlshon
st managers.
"You say, 'It Is difficult to conceive
if a more selfish argument than that
.vhlrh Mr. Forgan presents." If It If
selfish to defend one's self or one's
bank against a policy thut would de
spoil him or It of vested rights and
property, then I admit the accusation
of selfishness In my argument.
'The strong, well managed and con
servative banks of the country, be
they large or small, have a standing
and credit now with the discriminat
ing public which Is not accorded to
the weak, poorly managed and specu
lative Institutions. Under this favor
able discrimination the great majority
of banks have fortunately built up for
themselves good records, good reputa
Hons and good wills. These belong
to them as valuable assets, formlnt
the foundation of their public stand
ing and credit, and are. In fact, the
very essence of their corporate exlst
nee. Whether It Is selfish or not
they are not ready or willing to par'
ith them, to be reduced to the level
if their weak competitors, and to be
taxed for the privilege.
Iti'pntahlo Valuable Assets.
"In using the First National Bank
if Chicago for Illustration I do so only
tiecause of my direct knowledge of Its
eoord and Its figures. My arguments
.ill apply with equal force to t.
trng and reputable banks large and
unall all over the country, and of
ich are the great majority. They all
figure on their standing In public es
timation as among their most valua
ble assets.
"Quite Irrelevantly, It seems to me,
you say. The time Is a little laoppor
tune for Mr. Forgan to speak so
lightly of the Interests of the depos
itors." Tou do not quote the 'light re
marks to which you refer. I defy
February Saks ...j
" " " t
m- r :
Advance Spring Safes
'LL IVtED YVHfN'SPRlNG COMES
COME THIS WEEK flXD CEf AN IDEA OF WHAT YOU
' ' In addition to the many special values offered for our February Sales from reg
ular stock and odd lots and broken lines left from the past season's selling, we s a
show this week
OUR MANY NEW ARRIVALS FOR SPRING
marked in harmony with the prices that are now prevailing here. Some of these
new Spring arrivals too are in small lots which makes them almost exclusive.
Rajah, Chiffon, and IVovelty Panamas, loiies,
Suitings, French and Scotch Cinjhams, Madras Waistngs, etc , etc.
Bulges, SMsjmw, Silks. IVovelty
COM.! lillS WEEK AND GET AIM IDEA OF WHAT YOU'LLNEED WHEN SPRING COMES
The
Peopl
9
es
LA GRANDE'S LEADIMI DRY GOODS
THE OPERA
Store
- . . . .. .. . r Truni r- r- rrniinnv
LMPUKILIV. AINU ICMr-lX ur tuumuivi i
HOUSE BLOCK j
. . .;
"ou to quote anything I have ever said
hat could be so construed or desig
nated. What I contend for Is a square
'.eal all round, for the banks, for the
leposltors, for the shareholders and
or the public. It w411 be found that
vhat Is best for one will ultimately be
liest forall, their Interests are so In
terwoven and so dependent upon each
ither.
"To remove the necessity of ills
rlmnatlon by the public as to whtre
hey as Individuals will deposit, their
noney would prove a severe blow to
i.he entire fabric of credit and confl
uence which lie at the foundation of
ill business Intercourse. Under a
'emocracy such as ours bunking must
;e free to all.
'milium on Dishonesty.
"By providing a government guar
antee for deposits the rascal Is Invited
o become a banker and to cover him- J
elf with a mantle of credit which
itherwlse It would be quite Impossi
ble for him to acquire and which Is
irovlded for him by and at the ex
pense of all the good banks In the
ountry. Thla would not bo a square
deal. It would put dishonesty and
-eckless banking at a premium and
-emnve from the banker all ambition
!o excel In his profession and to ac
lulre that good name which Solomon
ays 'Is rather to be chosen than
i
treat riches.'
"Tou suggest the adoption of the
words put into my mouth, 'make all
'innks safe,' as a party slogan or cam
paign cry. Were such a thing possi
ble, It would be a highly desirable
.hlng to accomplish and t ie slogan-
would be a good one. But It Is wholly
Impractical, and to attempt It by
'..msslng a law that would establish an
irtiftclal credit for rascals, enabling
hem to offer all sorts of specious In
lucemnts to the public for deposits,
tnd .thus -create Illegitimate and Im
possible competition for sound and
onservatlve bankers, would reduce
.he entire banking system of the coun
try to a level very much below that on
which It Is now established.
"No honest man, with ordinary
iblllty and any business ambition,
.v on id go Into the business or remain
in It If he could get out. The pro
posal Is abhorrent to business sense
us well as to justice and equity and
Is opposed to the principle and laws
if political economy. I would suggest
that you might find a better cam
paign slogan, for with the business
men of the country, who understand
such matters and who control the bulk
of the bank deposits, such a slogan Is
likely to prove as fallacious and Inef
ficacious aa the free silver at the ra
tio of 16 to 1' slogan did In our last.
campaign.
"This Is an open litter, copies of
which I will give to the pres, which
quoted your article. I will feel obliged
If you can find space for it in your
next edition of the Commoner. Janu s
B. Forgan,"
aid.
In Chicago Kecurd-Her-
For Assessor.
I hereby announce to the re-
publican voters of Union coun-
ty, that I am a candidate at the
primary election for the repub-
llcan nomination for assessor of
Union county.
R. H. HUO. r
FRIEND TO FRIFNn
nave Deen cured of couah? , wlIU
berlab's Cou?h
maKc it a stap e article of tr J j"
overall rt fe:drr
merce
AN INSTANCR
Ucy Suddreth, of Lenoir. nclh
bad cough for over. W triOi
br.mgbtittome.adbsi.tedl00" T,
-
WIT. Co.