PAGE FOUR
L. :
LA GRAxJDE EVENING OBSERVER.
TUESDAY, MAY .29, 1917.;
EDITORIAL PAGE OF THE LA GRANDE EVENING OBSERVER
Ail Independent Newspaper.
' Published Daily and Weekly at La Grande, Oregon, by the
LA GRANDE EVENING OBSERVER PUBLISHING CO.
J. D. MEYERS ' II. B. LEITER CLARKE LEITER
President Vice-President Editor and Publisher
liatered at the Postoffice at La Grande, Oregon, las Becond-class
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tions. Phone Main 37 before T:80 o'clock and a paper will be sent you by
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MEMORIAL DAY.
Memorial Day brings memories of devotion to the ideals
of the Nation, reverence to the dead, revival of inspiration.
It is a day for reflection, for memory, and introspection.
It hai'dly seems possible tliat fifty-six years have rolled
by since the great Civil War. It seems harder still to re
alize that the nation is now involved in a still greater war.
It is well that our thoughts should turn with loving re membrance
to the men who saved the union in '61. It is
well .Uhlat we should ponder upon their heroism, it is
proper that we should remember that the women of '61
were not lagging in their services to the nation. Me
morial Day this year should be carried out so that as
future years roll by it will be cherished as a day when the
dead More honored by .the livin pledging themselves
anew to a loyal and devoted service of their country. What
higher ,nobler vow could any one take on this or any other
day?
O
THE NEW SENATOR.
It seems that Charles McNary, of Salem, is to be the
next United States Senator. Judge McNary has had a
remarkable career. Die has been a hard worker. lie
worked his way. through college, then studied law, He
was appointed to the Supreme Justiceship of the state;
by Governor West. lie was defeated by one vote for elec
tion by the people. lie was elected chairman of the Re
publican state central committee when it was desired to
infuse new and progressive blood into tfliat organization.
Charles McNary is a man of ability. ITe is young and
active, he is progressive. The appointment may be criti
cised by politicians and party organs, but, if Governor
Withycombe makes it, he will have the satisfaction of
knowing that he has acted to please the younger and more
progressive members of his party. Mr. McNary's future
lies before him; it is not shrouded in the dim and distant
past of political feuds and political duels. 'Mr. McNary,
if appointed, will be able to serve the people of the state,
without fear, without control, without the domination or
dictation of party bosses. That is what a Senator should
do. And he should worry more about doing his duty, than
about re-election.
FACTS ABOUT THE LIBERTY BOND ISSUE.
Patriotism.
There are in National Banks alone, in ihe United States.
FIFTEEN MILLION, SKVKN HUNDRED AND FIFTY
THOUSAND depositors.
In ALL THE RANKS, there must he over TTITRTY-
Support The Government!
At this critical period in our history
our manufacturers are offering their
mills, and our young "men are offering
their services to the United States
Government.
Do your bit by subscribing to the
Liberty Loan. This bank can furnish
Bonds in denominations of $50, $100,
$500 or $1000. You can pay for bonds
in installments.
Come In and Talk It Over
La Grande National Bank
FIVE MILLION depositors.
Over one-third, ' tuen, of all the people in the United
States are depositors of some kind. !
This would constitute a vast army larger than all the
fighting forces now in the great war.
' It is upon this army that the United States now depends
to render the first great service which .this country can of
fer in the Fight for Civilization.
That service is the raising at once of the funds for the
first Liberty Loan.
Every one of these thirty-tfive million depositors is prob
ably able, out of future savings, to take one or more of the
$50 bonds.
They must not be paid for, in any considerable amount,
out of present deposits, as that would weaken the banks.
If each of the smaller depositors took one of the bonds,
this, with wWat the larger depositors have already sub
scribed, would give the government many times the
amount called for.
If one-third of the number of depositors in the United
States, each subscribed for the loan, there would be about
twelve million subscribers the largest number ever sub
scribing to any loan in the history of the world.
The number of subscribers to the last loan of Germany
(with 65,000,000 inhabitants) was six million.
In England (with 47,000,000 inhabitants), the great
British loan of $5,000,000,000 had eight million subscrib
ers. X
The United States, with over 100,000,000 inhabitants,
should have at least twelve million subscribers to the first
Liberty Loan. ,
Everj' true American should take the greatest pride in
being one of the subscribers, as an act of patriotism.
It is the same spirit in which every man with a musket
crowded on to Lexington in the birth-hours of the Re
public. It is an essential and' substantial way of helping the
revival of the Soul of America.
Security.,
If the bond were only fairly good, if even there were
some doubt about its ever being paid, and if the interest
rate were much lower, it would BE THE DUTY of every
citizen to subscribe.
But it is todav TnE BEST BOND IN THE WORLD.
The INTEREST rate is HIGH for such a bond and it is
FREE FROM TAXES OF EVERY KIND.
No such opportunity has ever been offered in anv coun
try in the history of the world to combine PATRIOTISM,
SAFETY AND GOOD INCOME.
Benefits.
The bonds will appreciate in value.
From forty years' experience, we would certainly look
to see these bonds go to a premium after the war, as the
one bond mat will be the most desirable or all tne world s
issues.
And in the meantime, as commanding the highest credit
and lowest terms for borrowing at the banks, they will be
in demand as collateral by borrowers,, who will be willing
to pay a premium for them in exchange temporarily for
other collateral, in order to make loans at the banks at the
lowest rate. j
In addition to this, the bonds are convertible into the
bonds to be issued in the future, if the government then has
to pay a higher rate than 3 1-2 per cent.
This will probably be necessary. The bonds bought
now will thus, by exchange, become even more valuable
Danger.
There is auother reason why every citizen should do his
part in quickly iurmslmig the iunds ior the war.
Jt is because the countrv is in danger.
Not immediate impending danger, but possible and very
real danger.
Russia is weighing in the balance.
Germany is surrounded by a ring of iron.
The hope of defeating her has been dependent upon
keeping this Ring unbroken.
If Russia should make a separate peace, her food stores
would be opened to Germany. A million and a half Ger
man prisoners there, would be released, and these and Ger
man armies now employed against Russia, would be hurled
against France and England, who might not be able to
withstand them.
The submarine might win out and starve England.
In such cases as these, we might be left to fight Ger
many alone.
The fright fulness with which Belgium and France have
been outraged would then be hurled against the shores
and cities of America.
These things are not probable, but they are possible,
and every person in the United tSates must do every
thing in his power as it comes along, to help in winning the
war.
The thing to do now is to subscribe at once to the Lib
erty Loan.
Then get as many more people as you can to do the
same.
J. S. BACHE & CO., New York.
How to Act.
We suggest the following partial payment plan which
we ourselves have adopted for those who do not wish to
pay in full for their subscriptions.
I f you have not already subscribed, send us your sub
scription, either on this or the full payment plan,' and then
get as many more applications as you can.
Partial Payment Plan.
This plan is based on a weekly payment basis. This
requires each person:
1. To subscribe for at least one $50 coupon bond of the
Liberty Loan.
2. To pay at the time of subscription an amount equal
Store Closes Decoration Day 12:00
Summer Wash Dresses
for Present and Summer
Wear
A pleasing line of beautiful summer wash
dresses and skirts, in white, pink, blue and'eom
binations of each.' Made of voiles and organdies,
pretty "floral patterns, also stripes and many
other designs all these are here for you to ex
amine and choose from.
We have one for you just what you are look
ing for. Why not come in and see for yourself?
Prices and sizes for everyone
PATRIOTIC
WOMEN!
The country heeds your active support. To be patriotic
you must spend your money and at the same time be
productive. Do something that you can do so others will
do more. '
Make your own clothes at home. You can do it with the
utmost ease by using Standard Patterns and be even more
smartly dressed than you were before.
Begin today by visiting our Standard Pattern Department.
Our Beautiful New
Waists
Just Arrived
These excellent new waists will not stay on our
counters long if this advertisement induces
many to come in and look them over. Too many
to attempt to describe in anything but the brief
est manner. We are confident, however, that
every women will find a pleasing model in the
collection.
Come in and look them over. We don't invite
you to buy them; we invite you to see them.
to 2 per cent of the face value of the bond.
3. To borrow from us an amount equal to the . face
value of tike bond thus subscribed for.
4. To agree that we shall retain the bond or bonds when
received, as security for the loan.
5. To pay to us at the time the loan is made a discount
equal to 3 1-2 per cent of the face value of the bond. If
the loan is made on the date of the subscription, the first
weekly payment of 2 per cent of the face value of the loan
need not be paid until one week from that date.
6. To pay to us in accordance with this nlnn 2 rPr omt.
of the face value of the bonds on .the same day of each sub
sequent week until payments for the bonds have been completed.
Example.
In subscribing for a $100 bond on the weeklv navmpnt.
plan on or before June 14, 1917:
SUBSCRIBER PAYS
On the date of subscription 2 per cent of the face
value of bond jj. 2.00
On the date when loan is made 3 1-2 per cent of
the face value of bond . 3,50
Each week for 49 weeks 2 per cent of face value
of loan . 9800
SUBSCRIBER RECEIVES $103,5
At the end of the year one bond face value $100.00
, On June 15, 1918, 3 1-2 per cent interest on bond 3.50
$103.50
What Will Old Man Oregon Do? . 1
We wonder if Old Man Oregon intends to play a joke
on the motorists by charging them with the cost of good
roads and making them drive on bad ones? Weston
Leader. , . . . ' .