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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Aug. 27, 1913)
PAGE TWO T.A ORAXDE EVENING OBSERVER, WEDNESDAY, AUGUST 27, 1913. g i I. - Remarkable Cure ef Disentery. "I was attacked with dysentery bout July .15th, and used the doctor's medicine and other remedies with no relief, only getting worse all the time. I was unable to do anything and my weight dropped . from 145 to 125 pounds. I suffered for about two months when I was advised to use Chamberlain's Colic, Cholera and Diar rhoea Remedy. I used two bottles of it and it gave me permanent relief,' writes B. W. Hill of Snow Hill, N. C For sale by all dealers, " ? Bargains in Real Estate COMMISSI IMS SCHEME iCnnt'twea foro ?n ) FOR SALE OR TRADE: One hunared and sixty sores of fine land ad- joining townsite of Qu inter, Kansas. ' All tools and implements go with ranch.; 'Price $12,000.00. l v,. , Also one 'of the finest homes in the same town. Strictly modern in ev . ery way., Sale or trade $6,500.00. , ,n ,1 FOR SALE OR TRADE: Ten roomed rooming house in Clarkston, Wash ington. In fine condition. Price $8,600. v FOR SALE OR TRADE: Seven room house and jot, sleeping porch, bath and full basement in house. $2500.00. In Clarkston, Washington. FOR SALE OR TRADE: Large stock ranch in Nebraska. Call and see FOR SALE OR TRADE: 30 acres of fine land in this valley. Will trade for resilience in La Grande. t : We have buyers for modern five room houses. If you have anything of this kind to sell call and list it with us. We also have some cheap Bmall houses for sale on easy terms, and several from $3,000.00 to $5,000.00 houses to sell on easy terms. We have some good trades for outside properties such as ranches, hotels, warehouses, etc. FOR SALE: Four roomed house and, one-half acre of choice land. Price $500.00 cash or $650.00 on time; $100.00 down and $25 per month. We have Howards of three thousand aerpn of aucar nnmnanv land for sale, all first class land on very easy terms of one-fifth down and We also have some good Oklohoma ranches to trade for fruit ranch- . In the last few weeks we have sold a $12,000.00 hotel In Kansas, a $6,000.00 residence in Portland, two rancheB in Wallowa county, and sev en residences in La Grande, besides twelve residence lots for homes. Now we have some very choice residence lots close in on easy terms. We have a bunch of Oklahoma farmers coming to La Grande to buy rand.es. . You who want to sell ranches come and list it with us and we will try and make you a sale. C. J. BLACK 6c COMPANY j C. J. BLACK J. W. BUSH iaiastll Wire Your House for Electric Lights The short days are coming yon need more light, why not use the right kind?. For a small payment down you can have your house wired today. Kerosene Lamps are dangerous to your Eye sight your health and your property. WE are wiring many houses under the , easy payment plan. Dont overlook this liberal proposition. Get your Lights bow, pay later. Ask one of our newly acquired customers if they would go back to Coal Oil. Phone us today and we will explain our easy plan. Main 34. ganifcations for the provision of per- jwimuuwii uevewpinwu nu jiuiwidbc, hiirhlir. .' Personal Credit. . developed as are the systems of com-' The most highly developed system of mercial banking. The prevailing rate short time agricultural credit msti of interest paid bv the farmers for l tutiuns are found in Germany. They short time loans, is from four to five me n e frm of a pyramid compos, and one-half per cent. The terms of-,l local co-operative credit socie. fered European farmers are general- ties, central societies operating gener lv hetter HKRicmnH tn met. th nn.ii..l ally over a province or administrate jiiar requirements oi .. agriculturists 'vc u".i. ' "'ji S,, S. Cedric, sailing from Queens town and arriving in New York July 26th. :;V ; Speaking now for the American commission, which is directly con nected with the states, I would say the field covered during its investiga tion in Europe was very broad. The countries visited included Italy, Aus tria, Hungary, Russia, Egypt, Ger- Franco, ' Belgium, Holland, ' England ana ireiana. , - - , This extensive area was covered by dividing the commission into sub committees so that considerable' time could be given to each country. You can well' understand we are not now in position to make a report nor even to suggest what our final recommendations will be. Two committees have ' been select ed to carefully sort out and compile the data, and arrange it for submis sion to the full commission, with rec ommendations for a final report. The committees are now at work. At this time I am able only to of ficially give to you the preliminary statement wnicn the commission has authorized and invite you to take it home with you and bestow upon it your careful consideration It is as follows: "The commission is deeply impres sed with the vital importance of. a thoroughly organized and united .rural population. ' In this respect the coun tries of Europe offer a lesson which may not long be disregarded hi Amer ica without serifjis consequences. VThe agricultural interests of most of the European countries visited by the commission are organized along one-or more of the following lines: edit, production, distribution and so cial organization, for the betterment or country life. ' ; "Organizations for the provision of credit facilities for European far mers follow the natural division into .short time personal credit and long tive and compare favorably with pro vincial and government bonds. "The organizations for production and distribution of farm products fol low co-operative lines. Farm pro ducts are sold by the producer at : a relatively higher price and are bought by the consumer at a"relatively lower price because the cost of distribution is consiaeraDiy lowerea Dy co-operative marketing which results, also, in improving the quality and uniformity of farm products and in promoting more business line metnods tn farm ing operations. . , ; To this end . the American com. mission with a membership in thirty six states : and in four provinces of utnaaa, nas effected an organization with Headquarters in Washington. C, and invites the aid and co-ooera tion of farmers and alt agricultural organizations and persons concerned in promoting a more prosperous and contented rural life as the enduring basis of .our material, social and civil welfare. . .'! Co-operative organizations should be formed with -view, first, to im proving their credit facilities, second' ly, to increasing their control over the marketing of crops and ' to strengthening their position as buy era and sellers, and thirdly, to estab lishing a channel whereby education' al propaganda and work for the im provement of country life conditions may be effectively brought to the nr dividual and his co-operation and participation in that work secured Credit is the keystone of the- or ganization proposed. American far mers possess potential credit of vast amount. The task is to discover plan whereby that credit " may be .made cheaply and easily available, The credit requirements of farmers differ radically from those of mer. chants and manufacturers chiefly be cause returns from money invested in agricultural ' enterprises . are much slower, though more certain, than re turns from other enterprises. For this reason in many European , coun tries financial systems have been es' tablished devoted exclusively to the Interests of the farmers. ' In the United States the farmer is dependent upon a banking system operated primarily in the interests of merchants and manufacturers, inter cets which are dissimilar to agncul ture. These European credit systems seem to be of two kinds, those providing personal, short time credit for operat ing purposes and those providing long time mortgage credit for works of as the apex, at Berl.'n. Every fiirmer .louiuig a local socMy assumes liability fo" its debts. In oth er words, he signs over his credit to the society and with this collective liability or credit as security the soci- J bility for the debts of the society ! ety contracts loans and solicits savintf than are the terms obtainable today by the American farmers. 1 1 "The pergonal credit organizations have the form of co-operative socie ! I ties. Very often the members of 1 ; these societies assume unlimited lia while in other cases the societies take j deposits. There may also be a cash capital subscribed or a cash reserve built up to serve as security in addi- Eastern Oregon Light and Power Co. Always at Your Service the form of limited liability. As a I rule in European countries, the law makes little or no provision for ex emptions of any kind. These short I time credit societies furnish cheap, sale and elastic credit to their men: J I here by reaBcn of their control by 1 1 fanners ano u c organizations ex- ' clusively in the interest of farmers j who operate . them at nominal cost and without seeking dividend proht to such societies. "Land mortgage credit has been organized so as to place a collective security back of bonds issued by land mortgage societies in contrast with the system of marketing individual loans upon individual mortgages. "WithfMit diluMifcainir t.Vii farm eif nr. mm ganization employed for this purpose, TT mnv h Rfatntfl that fhao lnnri l REDUCED PRICES ON WALL PAPER All Printed Oat Meal 60 Cents Per Roll Pretty Bedrooms From 15c to 50c ALL WORK GUARANTEED- B. B. NUTTER , Phone Red 971 Pmm0mmmma0mtm L 1708 1-2 Sixth Street tion to the collective liability but it is the liabilitv which forms the chief se curity The funds thus secured are loaned bv the society to its members. A rate of interest is charged members on such loans sufficiently -above the rate paid by the society to creditors so that the margin will cover the expens es of the bank and leave enough over for reserves or other purposes. In their oneration it is necessary to insure two things, first, that, creditors shall be protected in their loans, and second, that members shall be protect ed acrainst the losses to which their liabilitv subjects them. . The members are protected by plac ing every possible safe-guard about it mav be stated that those land the loans to insure their re-payment. (mortgage institutions bring to Euro-1 This is done, first, by admitting to the Dean farmers low Interest rates: the '---' -i'v np-onns of rood standing. privileges of repaying loans in small Then it is provided that loans shall be (fixed annual installments ; extending r" u only f or productive purposes, over a term of years in some cases! the borrower being 'reauired to state las long as seventv-nve years under ror wnat ourpose ne asires n ion. the amortization plan, although pro-1 Further, the territory of operations vision for earlier payment is made if f"' eech society is limited to an area the borrower so desires; protection wherein every member knows every ! from advance in interest rates'; and other member and is in position to rind out wnetner tne borrower is liv ing up to the promises he has made to The society. The liability assumed by members is depended upon to keep them watchful of the affairs of oth- L ' the practical elimination of commis sion charges, dittany of these person !ai credit societies and land mortgage j associations are fostered by govern i ment grants, loans or special provi sions of law Mortgage bonds issued by comrrercial banks and by private joint shock land mortgage banks sell substantially on the same basis with like securities issued by government iavored institutions and both classes of banks are lecognized as needful in the development and conservation of ncrricultural resources. In mAnv in- tatatu'es "-:vate rind commercial banks banks purchase the securities of land mortgage . associations. Experience has demonstrated that such land nv"-trage bonds are liquid assets. I "The systems of land title registra-1 tion in countries possessing such ; mortpoore institutions practically pre vent dismitn of title unon mor-traped I land. Provisions are also generally;' afforded these mortgage institutions ' which eliminate undue legal delays in ' the recovery of loans placed with iv j faulting borrowers. Savings and tru -t funds are frequently invested in ;- J curitiec of such mortgage institutions i i under sanction of law. Loans up to I ! fifty or even sixty-six per cent .are 1 ! (Continued on Pge Three.) Notice QUIT KICKING - If you don't like what you've goVtrade it. Some one else, probably, 'can use it and may also have something that you are in need of. An Observer 1 classified ad. will make the deal for you. Try it. FOR SALE New -room modem cot . tage, 4 block from business center, ' small lot, a good bargain, som "terms. Edw. W, Kammerer, 2004 ,, Adams va.-.i-s. x", ?, 6-20 tf FOR SALE 100 acres, ; ideal stock : ranch; 76 miles range; wheat and i- flafa . Address B, Observer' Adsl -'' " : '. -.8-7 tf. FOR RENT pooms fot lighthouse keeping;' also a large bed, sitting room and other bed rooms, with oath, 1512 Adams ave. Phone Black 1731. , Adv. 6-26 tf FOR RENT 1080 acres; house, eight rooms; 30 head cattle; machinery; cuts 125 tons hay; $1500 worth ot hay and 'grain 'goes' with ranch. Range 95 miles, three to ffplf year contract Address B, Observer. . Adv. 8-7 tf WANTEJD A cook, man preferred, 'for 'special occasion from 'August 26 to August 30. Phone Red 712. Adv. v -';' '.;''. V v'8-19 . DUARULKS APiU KUUME.KS Want- ed, 905 Spring ave. Phone Black 3881 . .. Adv. .-. . ; 7-17 tf. UNFURNISHED ROOMS FOR RENT 601 F and First Phone Black 381, ' Adv. 8-22 6t FOR SALE By owner, five room bungalow, M and Cedar. Phone Black 88SJ, W. S. Ray. I Adv ; 8-22-12t p. MUST SELL Five roc house, well located; price $1700 $150 down, naiance easy montnly payments. Phone Red 3121. Adv. 8-22 6t p. FOR RENT Three office rooms over Young's Confectionery. Adv. ' 7-29 tf. FOR RENT New, nicely furnished iarge. modem- bedroom. Call 3!scl 8792 or at 2101 Second. Adv. j ; ' .7-31 tf PIANO TUNING. Cases mended and French polished action regulated or rebuilt All work guaranteed. - Player pianos a special ty. Leave orders with ; RICHEVS PIANO HOUSE or Phone, Red 712. C. M. Henderson, tuner. ' Adv. , 7-29 tf . WANTED Woman or Swedish girl f or general housework. Phone Black 3102 or call 1208 7th and M sts. Adv. 8-25 3t ., FOR SALE OR TRADE $11,000 of income 8 per cent paper Xpr ranch land. Call and let us tell you about it C. J. Black 4 Co..' Adv. 8-26 2t LARGE, MODERN BEDROOM, for two working men; excellent meals next .door. 2101 cor. Second and Jefferson sts. ; Adv. 8-19 tf. - FURNISHED Housekeeping Rooms. . . See Dr. Darland. Adv. 8-28 tfk FOR RENT Suite of housekeeping rooms furnished, 8th and O. Black 822. .Adv. 8-20 tf.. WANT2D Girl to take care, of two children. Phone Main 17. f Adv. 8-21 H p. FOR RENT Four room house partly furnished. 8902. Adv. -TFOR SALE Registered Jersey bull, modem ru c.m. u , aj.. o o uaviu V J-mMVt O-Ui. U Call Black 8-2 tf FOR SALE A nice modern house Fine location, good terms. Address Ji care Observer. Adv. 7-29,' tf MILLINERY Apprentice girl wanted. Apply at West's Store. 8-22 tf. 'OR SALE Four-foot yellow pine wood. Call Black 3742. Adv. - , . . 8-15 12t. p FOR TRADE Have $2,000 stock in Local corporation, paying good div idends. Will trade for property 0f. same value. No objection to small incumbrance on property. "Address Z, care Observer. . Adv. 8-23 tf. WHO NEEDS MONEY $3,500 to loan for 2 to 5 years. Address X, care Observer. Adv. 8-23 tf WANTED Three rooms or small house furnished, close to Palmer mill. Phone Red 3492. 2003 N. Fir. Adv. 8-22 tf. MONEY TO LOAN Have $2,500 to loan for 2 years, possibly 3, on real estate security. Address, Cash, care Observer. . ' Adv. 8-23 tf FOR SALE Four room house, pood . .... .T. r. Tncr a wi iu. v. j cunaition, two DeautllUl lots, 1401, v, "f wnrte oonnet, imoer cor. Y and N. Fir. $800.00 cash. No trades. UnCTSept 15, address R. L. Bills, 1143 E. 30th N. Portland. Ore. -' Adv. 8-25 9-15 p. LOST Time Book, containing labor ana miu accounts. . inder notify Fleshman Bros'. Jersey Dairy. Box 207.. Adv. , 8-21 6t p. - FOR SALE Fourteen head of well bred Jersey cattle. One, two and three years old. See Slough, over Newlin's, or call W. L. Campbell. Adv. , 8-26 6t. please leave at Observer office. Adv, - 8-26 tf. FOR SALE A good five-room house and one acre of ground with good outbuildings in La Grande invest ment addition. Also four acres with . good house, barji, sheds and other buildings; bearing, orchard and one-' half acre in small fruit; ail in good shape. Phone Red 3561. A snap if taken before September 15th. Adv: ::. 8-26 9-16. , FOR RENT Five room house. Phone Main 740.' Lot Snodgrass. " Adv. - ' 8-26 6t. D. R. FONG I Next Thursday, the 28th ! will be the Last Day V Sale j made on lands of detiendnhln value I On Furniture at 602 O Avenue ikj j ti ' ' , t 'm0ml K & I w MEDICINE CO. v Branch of Baker City Office. ' CHINESE HERB AND . ROOT REMEDIES Our wonderful life giving herbs will absolutely exterpate every impurity from the system. No drugs, no poison,' non-alcoholic. ; .. v FREE CONFIDENTIAL CONSULTATION FREE Those living out of town can cure themselves at home with our herbs, Write to us for par ticulars. Office Hours: 9 to 2 a. m.; 1 to 9 p. m. Sundays- T to 12 a. m.; 1 to 6 p. m. Telephone Main iii. Office: 1412 Adams Avenue LA GRANDE. OREGON, and are considered nfe and conserva-
