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-