FRIDAY, MAY $192P"'
LA GRANDE EVENING OBSERVER
PACE THREE
0 1-T
.if k mi Ml liii A I .if ,8,.... ft . . . a.
.!jeet to ptesen'-.elsiiii.rT-.wllPAe 1?
.i. ..
I uiitci - orvgation upon me iaii.t.
ra , The ejterest on the ffimiftnt
devoTt!to loans will be repaid
Bm j l parKByearly by the borrowers,
l"H l I In.ma anil .,ah tillll,-i.
erred to i corporailon or lions excm-,1. iU.uuoft.O. in whlrh
'",liy ".g "ol entitled) vei-j;fthe InrWest p ment will ko
etan's loan or Dontue-eiless 0 (per il,lu "le funi' B"n tlie geuer.l
centof the loanJs&r has been paid sl,aer ,wi "y. the bond in
If 40 ner c.m V, h.9. .....J ., . J eret and sinking fund uftiil eueh
"mo II U V SHI U llllll Iha .... .ja
Ionian very cl.rly toes Ti,i the ' i 9 , . - -"'0
wi lawi nuii.-ii i'iiiiih ih nr.. ,.'
rfle of the Mum- for .ote at the
a ' rlul election on Jane 7.
3 fo quote from the Orojjontii
j -In the jecia election aln June
jy paramount issue of se will
wllrfi soldiers' bonus Tict. The pro
tons ot tins act have been oiit-
! heretofore In tfio pnrtlculnr
i to what It would do for ijia ser-
e men. Briefly, It fft.rs the np-
.,m or n rami payment of $15
flnth far each iimnth of service
Vn tho declaration of war to Nov.
a-,' T; .)!!), or a loan of not
,rc than $3000 at lonpr time at
r cent interest secured by real
toperty owned by the service, man.
fhat adoption of the law will mean
; S the general public is obviously
matter of fair Inquiry and Hint Is
le purpose of this article.
There are several coiitinficncies
ihieh will effect the cost to the
late. Effort to make even an np
roxiinale calculation of real valuf
well-nigh hopeless, so only the
. ossfbillties can be given.
"The law as regards cash pr.y
lents, Is almost identical with the
Vashington law, under which bo
uses are now being paid. The chief
Mfferencc Is that the Oregon law
rants no bonus to men for the first
ixty days of service. The Wnsh
ngton law has no service minimum.
The rate of payment Is otherwise the
,mme. The Washington law has no
iltnrnntlve loan provision. All the
iervic men receive casb
"The Initial bond Issue provided
by the Washington law was for $11,-
u iiii-, then be continued to rti
purchaser, ..but at 6 per cent, fil
tered. .Thus 'the Soldier wh has
a loan and. ft compelled o sell niav
have lo find a (purchaser who can
pay for bis equity and also pro
vide a substantial payment' on the
(oau. The effect will be lo restrict
the market of tbe service man who
is compelled to sell. The same, pro
vision applies to his executor iu
case of his djtuth.
But the loan provision has cer
tain 'offsetting attractions. For ex
ample, If a service man owns a lot
worth $1000 he can borrow $3000
to build a house on It. The money!
be advanced from lime to time
to pny for labor and Materials, for
this loan he need pay no mure than
per cent annually. 4 iper cent of
which" is interest and 2 per ceni
applies on the principal. There will
be an initial esiiense paid by the1
applicant of not to exceed $25 for.
appraisers' and attorneys' fues. Slm-i
ilur provisions are made for farm j
improvements. In -short, the ser-j
vice man who has a stake of gludoj
or more in land, can borrow i
to . Improve It at a cost to him o ;
$180 a year or $15 a month. j
uut aside rrom attractions that
may affect the number of loans as
a mutter of option, there Is a con
tingency named in the bill which
makes speculation as to its results
still more hazardous. It' congress
adopts bonus legislation before Hie
special Oregon election Is held
time as
satisfied.
all luau
" If the
applications ure
Iikui
feature is
eienyly popular, sfftte bonds iu
the eniire sum of $30,000,001) will
be required utid the issue will liuve
to' be carried for n time by gen
eral taxation.
The bill iprovijles for an nnnuul
tax levy of one mill. A tax of one
mili rproduces $1:010.. OlMl. .f the
amendment and bill are approved
tnis tax will be levied so Ions os
it is necessary or tint insufficient
ui.d until it is changed by the legis
lature or vote of tbe iieople. fi Is
not sufficient to pay Interest of
per cent on $30,000,000 or even In
terest nt 4 per cent.
Tbe
Wonderful .Babylon. -.
Babylon, when
built
el:y uf
by Xehuchailneiiar, formed one of
the greatest and mo--t inaifniAcent the
world has ever Aen. Ancient ils
torhins inn mid no vAriW to describe
the grandeur of the palaces, the
splendid edifices, large tardens and
pleasure round, especially the hnug.
mg ssnlpus, a sort of lofty terraced
structure supporting earth enough to
frftw lna i
Dittar- Example. -
1'reacherjT accorillug to reliable v
tlstlcs, live much longer than other
men. fc'hich d(inviistratest theory
tbiat most men eat too often and too
much. Lexlngtou I.uder. '
Japanese Sleeping Arrangements.'
Tbe Japanese bed, consisting mere
ly of a few thick comforters' and u.
pillow, can easily Jie uiude' up In any
room. It la considered a mark of hos
pitality to make tbe guest's bill In the
purler ami put the room at hi dls
ruisnl. '
PERMANENT AS THE PYRAMIDS
La Grande Concrete Pipe Co.
SEWERIPE , !
IRRIGATIONSPIPI
GRAVITY WATiCRBYSTEMS
Factory at Island City. Postoffice Box 791
Europe Short ' of Bottles.O
There is n si'iirclty of bottles In Eu
rope wltli the result that the ileuuiiid
for second-hand bottles Is uelirece-dt-nted.
la tO- pre-war days the
empty "bublily" bottle wns a drug on
the luaA'o'. 10c rag-aml-bone incr
ctitinto would give small- sft.isr fiw
wlilsifl;-, ftirt, sherry, burgnnrty and
clatet bottles, but the champagne 'bof
tie wiis on tlu'jilavlt list.- Toigy It l
the king the eiuptv bottle iraUc? .
Just a Week end Trip.
Minneapolis workmen claim to have
discovered some ancient lmun isilnft
while iflgging In, the street. Iiut(
whSi's the answeH That Julius Cnesiir
ence .conquered Minnesotu. but forgot
lo mcntliyi H in the i:oinuioiitai'lci.'f
Cleveland l'laln' lK'uIci'.
000.000. A dVspatch published the those who acce.pt the federal bonus
other day stated that It was appar- li Is provided, shall not be entitled
ent that this sum was Inadequate to to cash bonus rrom tbe state. The
pay all claims butan estimate of law says specifically "cash, bonus."
tho total requirement was not given.
Oregon 'pontrlhntcd almost ex
actly two-thirds as many men as the
i state of Washington. It would
i Boom, therefore, that except for de-
;! duV'tlons due to the mi'iiiinum ser-
t Vice provisions of the Oregon lavy,
the cost In this' state would be Iwo-
thirds thnt of Washington, assuming
? thnt all eligible men nvaiiled them-
I selves of the cash bonus privilege
5 and not accepted the loan option.
. If the Washington cost should be
i $12,000,000 the Oregon cast would
be nearly $8,000,000, for there Is
probably no material difference (n
thn average service period. But this
I figure Is only illustrative. It is
!i siipppsed that many Oregon service
, ...!. i. t.....nn.i r lean.
Jllfll nulllll L.IIXtT IMtlllB IIIBlftlll Ul
"I cash.
"If many Oregon men should
I avail themselves of tho loan pro.
' j vision the state bonds tissued .tb pro
I vide the money would be greater
than -otherwise probably much
4 greater than Washington's. But to
? carry out that feature of the bill,
tho state would be borrowing mon
ey to lend again. It might have to
pay more than '4 per cent on Its own
j bonds and It would' only collect 4
per cent 'interest from the borrower.
The principal would ultimately he
repaid by the Individual horrower
and the state would be out the dif
ference between the Interest It had
to pay and the Interest It received.
Seemingly all will be entitled lo :
loans, even though Ihey recuive the
cash bonus from the government.
As all would then be entitled to
loans, but not to cusli, as many
would apply for loans as had the !
security and could make use of j
the money.
Still another fnctor which affects
estimates as to the cost of the
measure is that which gives the
service man only one year in which
to apply fop a cash bonus, but fixes
no lime limit on application lor
loan. It would alppear that so long
us the law remains in force the
service man who had .not availed
himself of Its benefits would con
tinue to be eligible to apply for a
To recapitulate: The amendment
authorizes a maximum issuance of
bonds to provide tor cash payments
and loans vln the amount of $3flr
000,000. The proportion paid out
for cash bonus an amount not sub-
PB
SCRIPTIONS
WE FILL ANY TJOCTOR'S PRESCRIPTION -
PUTMANVQRUG STORE
"The Rexall Store"
Carr'sCarir
Where Your Creait Is Good
Useltu
COMPLETE HOME FURNISHER
MAKE
THE
OREGON
YOUR HOTEL
. WHEN IM
POKTIAND
Now For TJie Lawns And
Home Gardeo ;
A pretty hiivft ami a d h Jine gai'tUgi are an indication
ofiride nirrl',Xlifit't- Ve have everything you'll need in
tools, such as lawn fjiowqrs, gaitlenhose, sprinklers, hot's,
riiKeSiBtc, antfour prices are rigiu . .
KfiilP OUT THE FLIIOK
, Our stocluof screen Huors and scYeen windows is ready-,
, suiKtnntiiHjy made
NIJW STOCK I'lKU CAGES READY
F. L. LULLYVl ARDWARE
A CLAJSS1FIKD AD WILL DO IT.
opuar Spaclousbby
At th Center til
Mliintf. 1 .
Evei
Rroadway
We suggest yon write, phone
or wire for reservations.
ARTHUR H. MKYERS,
' Manager. , ,
f
i
-
You don't have to worry
. about the
APRIL SHOWKRS
If you are dressed in one of
our -
, ALL WOOL SUITS
iney won t snrinK tno lusn
quality
Makes them Linger Long'.
Correct, Jlressy and FIRST
of all
le to Last
but be ' ready
for Jt , '
Priil pel Our Customers
TheWa
IX 1
i
A
ra
'3 WOODW. BERRY J'
Dry Cleaning a Specialty
robe I
fl.:J I
"The companion constitutional ,
amendment authorizes a bonded in-
debtedness for bonus and loan pur-j
pesos up to 3 per cent of the asses-j
sed valuation.- In round numbers.;
the Indebtedness thus authorized Is
$30,000,000. The state of Oregon;
contributed more, than 35.000 men
to the. service. So ft follows that if
10,000 of them applied for the max'
lmum loan the sum available would i
be exhausted. ' iie affirmative ar-'
gumeiiU- prepared for the state pam
phlet, estimates Hhat rit niproahftii'
30,000 will apply for the cash bonus
That leaves 25.000 service men lo
be accounted for. About 5000 will
be virtually Ineligible because they
have received benefits tinder the ed
ucational aid laws. ' ir 20,000 of
thorn applied for $3000 loans there
would not be enough money to go
around; nor of 15.000 applied for
$3,000 each, nor If 15.000 applied
for $2000 each after "the cash bo-:
nils had been paid lo 10,000.
'.'But lit is provided in the bill that
If there is not enough inoney In the
fun to meet, a loan applications,
then principal and Interest payments
on loans already Issued shall go In-i
to the loan fund to meet these nx-!
cess nppllcatf on's. Thus a revolving'
fund would be created and the final
reimbursement of the state for Hie.
loans Jt had made would he Indef
initely postponed and tile whole In-j
t-'t.tv,irilpn would for the time lie
s' lerjij be -erricd by the taxpayer.
"The number who wiitl want loans
snd the number who will want cash
are of rourse purely matters of spec
ulation. Hut it is apparent that
many will be entitled to loans that
will not be entitled to cash. This,
situation Ns created by the provision
that those who received compensa
tion during the wnr In ecess of reit-!
ular service , pay nay; receive only
tlie'differeijre between the. faali bo
nus nd the exces they received
hil In the ervlr. If there I
tnf such'djfference. Thus the man
IR Hie1 spruce division who receiv.
1 civilian pay may find ttiat Ue 5
Hot entitled' to a cash bonus. The.
Mil. .evc does not eem to ex
clude him trMl th,e jan privilege
e o 1 1,1 e
For those who have a choice be-
,wee8 efeMl (f31"?' loan- choice
ay berfiffecSl H 8 provision Hn
Hie bill 'reWllng tn sue'of 1: (Ki
whirl) the jiervlce man has -eiv.
4i Joan. The inect $ this fevo-
1 (3
jree jron?
clinkers,
l- uii ui i fat :
hard foheatM
)!IIIIIJIIIilllillllll!lllllllllllllllllllllllll!lllillllft
-n;-;i.:---:;i'v
Are you wise to coal values? Do you know
COAL will comfort yoiir home more than tow toil
a small profit but we sell lots of it that's where '
coal that's Vhere you get in.
There's just one way for a firm to win and
chandise at a fair profit that's our sys-tem.
We can tell yu a few thirl
. samples of our Gentune
1
about Coal..
and tell you why it's the
JNG KOAL
cVl to but ' . '
TRANSFER
a ton of SUPERIOR HARD a. '
inferior coal? We sell coal at
foet o(T and you get better
h;u's to deliver good, honest mer- .
in and let us show you Rome
A particular
IN THK P
Only few
AT THE PRESI
Many peopl
from house
THE FUTURII
It is going to
age of houses
IN
v
tnSrtion or nal. of
VST.
le realiziv
ciseo how
d hiso betli
be ilV bclft
in evy I
. t'e
TIME
Duration, whether 1'usf, I'resent or Future. .8 f
that their comforts dspended iarge'y on their home.
f
to' move
their Home comforts iare spoiled by having
use they do not own a home. ...
: - r - " ' : .' . ' ';.
r for many years. On account of tho wonderful- short
art of the United States. '- -(" ,
Have Several Choice' Homes - f i '. v
FOR SALE it 11. f "' 1 '
La Grande Investment Company
Reliable 'Agents for Reliable Insurance Companies.
11 3 Adams Ave.
rr li
Phone; flffainc '7!2T i
FEED, STORACE, PACKING
The
J, D.:..LYNeH -CO.
T rmT'ini,''''r"
(Call For It
fir
1 ... 3.15-APR'W; .
I
THERE'S ONLV 'ONTO WAYfl'O AVOID THIS DRURnEBY fNl)' INCONVENI-
EWCE OF THE FAMILY WASHp.U' AND THAT IS TO SEND-.YOUR TWEEK'S
WASH INC TO OUR LAUNDRY. .'-
TOO EXPENSIVE? "SXT ATALL in fact it's'chea.er tlmn a wnsher-woman
would charge you. Then Uunk of the eliminatian t? till worrie and cares Jjours ald-
eF to yptir pleasure.)
II. w
O I7 9 A A a.
i.ET OUR MAnIbe'A VEEK9Yet;.Tl.K,R'. t.ET.fS Ji VOULAlJVJ)IlY '
WpRK fOR PIIfJNTeCALIWH.M:?ii'l"S. " J
THE . MODERN LAUNDRY !
2. '-ltiHSB-e).-a . -..e.M.e4.M.a..ifiMe.'it..aaa.MBe9.a.0eWe.-) -8------
of
.!
i
Hi, llli u . IJiluiaiU.lt'.li"
t -wl-i'0 ' ( J ... '"H , . e-
W A:J-l',.c--..i:ulV-.Vji?'':iVt'iW(5A4t; ii,o.1.ini..ii i.Hl...1iirJ'. ;