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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (Oct. 23, 1922)
. 7.'.. r i'.' ' PAGE TWQ Monday, 'October 23. 1922. THE LA GRANDE EVENING OBSERVER TffcAm - .: ; ..'7.4. t 'f v. ' . ': Si-J H' s -S-i yL. t ' i i -Is.:-' SHOWING liEATTIITL j Party Dresses 15LACK LACK I'ASTIOL TAFFETAS IILACK SILKS We are showing a new shipment of Beauti- fill Pai'ty ami Afternoon Dresses. There are dainty Taffetas in opera and paste! colors, Black Spanish Lace drosses, and all are reasonably .priced. . , Li Come In and See Them Hill's Dep't Store HahdBags ' High Grade Leather Hand Laps Priced from $3.00 to ijilN.fiO Correct in Style and Build to Give You ; Real Service " PUTMAN'S DRUG STORE The feggM St CAPTAIN PLAYS Finn lis .million nf miv li-iils. I'ltlUwi-li.v will never he uu iler..iinil II w si'"'l ll- linly " worrU-.i tihmil this ami nr.- liH.kiim 'kmiim. iiwnt-r-tlili i a present .fit- !voi.l ''ViR-'.'ii v'ul'iii' s f. , ... ...!,i,i.v will. our i...l...rial '"- " ""M" . . .," . V. ? I... .: ' .Ulion-. Ah I ho .'hail, t-r- w " T " " , ! ,' m n.eir ie " I,IV1IB' " "! iumi.-u .,,,, ,if,i,.,1iv will ilfvoloi r Kiirai " ; ' Willi !' 'u1'" H IMHI I llllliieui.n" ...in. us i.i ,..,.1 I uiir il V : lull Hle.V will Willi) In Ih our niiliviuuai muni "' . " i',. ,,. :iss,.is me koiiniI ami K.ulty Pli.iss.opHy. ' .N'l.lhiiie: t iin-'t- i.li.ioli'iy fat ;l li.jl Ih ily - W"i-iu r i,i;"'" ....,.if.- n,. i.im iuim simiinr ,11 f litulty will inrii io Hie i-i.i.iliiinn ! mivuj;. uuitjilif-lr attention in I-'oreim- Tmdo nr-;wliitii wo ilo not now have ttani.aiioiiH. 'roieiKn I niile wannur i ml ivlilnal rotall sysiBin the key note lit tho Anioriiiin!ilK n syStHin nf hramii bankn iirnwa. lis invM. i ieH tt Hit . nan.i m.l i ""'"Kors -(invention two years ago. nlt,r( w that mimo (iiineuii) niMx-i.il e.iu.epiioiis f iu un.v,.r.i. j'1'1'" tnn-lKU trails hiiKiunui. howi-vor wllh 011r ,nkliK Byslein. Yet I II-. Shell. hnx mil iiailiieil out nn well n tlie l (...n.. , i,.,u iiniieeM are Inevitaiile i hanks had hopett It would. 'i'l 1 niaiuli hanka will ho ustaiilished jor rereni tariii nns Kiven aimosi t liroiiKlinut tlm rountry. mm run- ' 2i.. There has he.-n nilieli dim im- ia death hlnw lo what llllle in'w LrHlllt wj fimlrt nllrh locislnllon um I " Is ,.,.. 1 Kitin roKiirdiiiK hranrli hankii nl llieiforoiKH trade o had. Thus, the,,,, lleMw , make this possiolo." 1) . u.nnial annual ronvinllon of Die Aineri.-an Imnks' hopes In this reKard are not, k Mm.k,. ; , wo y,.ar8. (Hy Am'iKiated presfl) SI'OKANK, Wasll.. Oil. 21. Al Ihoimli he will piny every game from the si'leliiii's and will mil put mi a suit diiriai: the season, (Hon Hiltlmi will act as captain of the Spokane I iMvi'i'sity looiliall eleven , i,l(., Assin iiit ion hn:li was bold Ivory saiicuine at llio uioinenl. An llmiuKlioul tlie l:Ui season. n, . w York. Owlna to jollier uttiilnpt has shown Itself III Mutton, who was the Mur iuar- ,., ,.,.sy hii h tills disniss-jtlle oi'Kanlnalion of soparalo 'Invest- letliarK in llle mikiiii l II I "i " ) j K ,,veloli il. Itnt'or . Hanson llllents' eolll pa Hies ami Hepanilo 'Ae m last year, was injured hi m Wil i1Ki.,v intrvloweil reaunllllK tlie lirohahle oillioiite. "Of iciurse the illseussloll Is I hi' iiiiioi'iil ..in irrnwi h of the establish ment of ihu Federal lleservo lla nks. i rl"di mk iheso iuvoslnii'iit lonipnnlos llefore the .lays of tlm l-'oderul Ito-,1"""' profliablo at tho moment than I servo Svsloni.- says .Mr. Balmon. "u 'noir lorolKH Irmlo ndveuturo. . 'I lie loam riiplain for llio Spokane Ihraneli hank nmanizalion praetiinl- Tho hanks arc- graduallv ronilnl! I'lolMvifV eloVOil Will lie illiliiiillted 'l ..I.l I. I. ...e l .1... I - ...... ..... . , , ' , .1 eAlsieil, tllllloiiKii n . . . . no ..o-,.u no,- iif However, IlOtl I m:j ! . . ... l ...111 m..-o b, lore each name this year, hut ,.,, ,.. ,, i,,..iil,b. orKunliiiloii lean reeovee iiieie iri .,.,,.,. ..in. il,., i hann storks. Small hanks will sine lluitoli win lemaiii laptain oi iue;,'(. i,,,!,,,,,,.. the mikiII bank iu ln-eountry dislriits only with oruan- (toes mi in t,IMl. f,,......s from its eor- ;lntinii nf lir.-niolt l....iL-u uu....a thai the hault has mil many lame ducks." Ceneral business as roflucled Iu the Uahsoncllari conllniies to ilu- nt position- nut I. Tho highest now nrr.t.i: tha.n 1-u.i.s? Iloclt llurili;- one llf llio lillllli'S last ea,-'on and mast remain oul of the aaio Oils year. II ut toll however, allhinaii be is no lonifer useful as a player, is assisting coachine, the lleneflt Hank Mocks. point in two ' "Mr. Malison was then inked what tho offeci of this wr.-.:id ho on bank slocks mid he replied that It would Illume' comiianles. These Havoiho a benefit In hank sulcus. I n,.. nrM.ii l.as noon n-Kr-o: in hi'oii oi-Kanlzed by nianv of theiare eiiouiili hanks In Iho connlry wull W.1V ,.,. ,-iiuiiiiierliiln'n i'alileiM laiisor hanks and liiosl of'ihem are ! districts. at tho present time. Ilence. ,,,1,,,. , M. ,,ii,iary c.aihaiiic and operalliiK nuceessfully. Hanks are the city banks will uo wise en.o.s.. not to start now ones in soi , u tholr branchoB. Instead tho city banks will buy control of llio honor country banks. This will develop n now and ncilvo market for country even thoiiKli be 'the bench. .Spokane I'lliversity is respondent bank In Indianapolis: "i '' 1,1 "I" Spokane ll"",-,i( iho .Indianapolis bank took 'lis oollonialo ciinlereucM. iorders froin a slill hlKKer bank In Much Cv.dcnce Suppoils ln..,. As niiin'i reiuolo mandl'.iliei' lh,- j ciiconul Is in ti lair way I" fr-iln I ground. If Hie man Is n- l in reality roeliill to typo. Tuledo lll;:dc. i nmrinti nrm Uniil'IIE! I I III UHuDUli OECO i.N'ew York, The lieads of a few I of the New York lianlis would hold ja colllerouco al tlie homo of tlie Unle J. rierponl Murium or at tho home or .Mr. Haker of tlie First Na tional lluiyn'. unil decide lipun a pol icy. Tbis'- poiii y l bey would pass aloiiR to tho lari;e banks of Huston, riiicago, I'lillaih-lphia. Iiidiauapolls, St. I.ouis, New ili-leaus, and other larife cilios. Tl:e banks ill those ilai'Ke cliies would In turn pass the .same policy on lo the small banks : 1 1 Ihelr districts. I here wel lborn Is ir drive at present to have Hie National Hank Laws amended so that a city hank can own n sys tem of branch hanks In tho sur roundliiE cities und towns. Wboib or or not this is In lino with demo cracy, is a very d. -Mutable olies tion; hut llio drive is on and my Kuoss Ik that such brunch hanks are as inevitable us the chain suite. Ill 'aucli Itniik .Idea, "All tho bunking systems of F.tt ropo are dovoloiied on the 'branch Jiank' Idea. The big hanks of Kng land. Frunco ami Oormany hnvo Ihoir branches Iu hundreds nf clt- contracts or slock cunlrol exislliiK "'s "n" t"wns. Olio ol the finest lietween llio nanlis, mil iliero was " -.-..o.o.t .o uo oiiii oaisih an invisilile control which was very ni t anailn powerflil. Willi file oi'Kunizntion inlalos line of tb ciearauce of eh lu tell hlirlier At .the present lime most bank stocks soil on 'book , value' without any consideration or llio valnfl nf 'good will'. As soon as rliy bunks bid against one another ror tho connlry hanks, the 'i?ond will' twit nn will at once be nf valuo. Willi bunks of small capi tal stock, this will at once become a valuable asset. Hanks which have a small cnpltal stock and banks which have n virtual monopoly of the hanking Interests In a comniun Itv. will he In snoclnl demand. A community which lias four banks will hnvo those four banks pur chased by four big oily banks so that each nf the four big city banks will have a branch in the smaller city. hell, however, there Is on- liver loll'. '"'I- answer is, inej ace easier anil more ieiixulll lo taktt ami their olicii-ie so ceiHlo lb"! olio hard i realizes lb:. I it is pr.sloced by a moilichie. Tin ii. thoy not only move :he l.ow.lri bill improve llio appetite mil slivuuthcii Ho' digestion. ly one hank 111 the community the just over tho Culled' lnllr "'r nanss win cuiupeir In Moiitrenl ti.oi-u nr.. and hid against one nnotber for Federal lleservo Hanks, tho 'several lilg hanks, and each of these , ohhh m nns .me '"' i,. ... ..r il. nave from one hundred In ihree, ,u ." ' inese n,. FUTURE irt'inwntmirt jnli. ' miH'h oi ;im (ihji-i-i lin a country iliiuik to Iti'cp ii it'psil with tho I la !(,' city h;inti. 'PIium tlifr Iiiih JlH't'U n nntuiil (liirii)if awny on llw ipart of llio connlry luniks from the 1 ' icily haiiltK, The I art?" cities have Country Banks are More ln. ! ''""" - ''" independent of u... ' ' . ilarge cities. As long as llle money (lc)cn(lent or Guy Banks iraies won. high. n,is did not -Than Heretofore. !''' '"' !""llia' '"" "', '! pa.si ytar. when money rates have ' ' ' 1 I,.. 1 nil 1 I-.. i RESERVE SYSTEM IS have ill.-;lm-llv felt Ihe loss of tlielr Kl 'RELY PERMANENT ' former power. Hence, they are 'looking around lor some plan to legislation against Interlocking ,. numireii Dram-lien in different ('a-! " " "" ., i i ili.ldiail cities .no. I Inn-iu A u 1 ,.,n .1. ' IMIT. I111IV later llO purchased b) loi.llts, mis loiinoi n.ii, hl II HI . ' ' . . :u..,.,o ,-llu h,.,.b l 1ini In '--.ft fl No longer it is '"" ", i iiouoi seriously wliellier i ' . " ' ' . , tho branch bank system Is as good isl'aro. Branch Banks Would Be a K"', n"'lr '" fniinwin i,.n,';f f i.).,.-,!.. t!-,.i,.. r'K"'"- iji:iiv.iil HI Jllli k3Llii.l.-, back for the country as the prosenl sys lem. On the oilier hand, wo know that tho prosenl lemleiii-y or ollm Ilia! i ri u (ho small fariner and sllli stiluling Iho renter In place of the owner Is not for the good or the country. The development or chain store systems which are slow iy crowding out I he ' individual ro lailer is not good lor the country. "One Christmas Mr. Henry Ford sent mo an autographed photograph on which he wrote these words: 'FJimlnntn absentee ownership and Industrial problems will solve llieiu Isolves.' .-co Sliaoin to tlhu- According to statistician. I '"lliero Is m f breaking up .. Ithe ''ederal Heserve Syslom which WKI.I.MSI.KV Illl.l.S, Mass., Oct. lis ruiictioniiiK very sallsraclorlly. j'l'ho men colinocled with Old Fetl- ei-iil lleservo banks are active and ainbilioiis. They lire liuilding por ,, ., . ...... . T inaneut and substantial banking Something Dlllerent In l houses and an' aitumiilallng groat resources. I hoy are issuing re ports and other publications which appeal greatly In Iho connlry banks. The larger city banks aro distinctly OBSERVER ADVERTISING will bring results Vaudeville j ARCADE I Wednesday and ; Thursday, j October 2th and 2(itli. 15. L. WOODW ORTH Presents ROSTAND j "THE WIZARD" ; In His Latest, Greatest ! Maic Production ! 'The Necromancers' ! Mystery from the ! . Orient !i A Remarkable Program I of Esoteric Manic ! and Illusions ! STARTLINt; ! WEIRO ! MYSTIFYING ; l'i ici-s In ;mt Hi cents Ho is cornM-t In that ah- This is The LAST WEEK of our BABY PICTI'RE CONTEST Yqu still have time to .take and enter some pic tures. Try an ANSCO FILM this time and see if you do not get BET TER results. Judges will lie' an nounced this week. Contest closes Satur dav night. Awards will lie made at 8 p. m., Tues day, October 31st. .A.THE UL.DHUC$ PBIiCRiPHCN recasts For Sale Now modern four-room honso, two lots, cement Khiewalk, K'arne, lawn. ImsenH'jH jiikI huilt-ins. I'rieo, $l'Mih. 'I'ti'ltis, t;in down ami $;,", per month, inchnliitK inleresi. Modern five-room hunalnw. Just completed. It;isennnt araj,'e. jHiilt-fn kitchen. Tiice $::;imi. to do to hrliiK about these condi- tions Ih In buy pood IT'S TOASTED one extra process which gives a delicious flavor i4 . l-'lht - room house, modern. Tho location ami arrangement ol' Iho house imikeH this place very desiraldc for renlintf the upstairs looms. Ilivr lot, Xfilli. Carafe. sidi'WalU. uwi and trees. Price $4L'nn. I'oiir-room hono, two lots on nn. ;'ad:nnizcil street, very liheia! terms. i .-.-'.-. j.v Mm' i mm,. MiJ " .Our ife.t.- AlV'.4 ? Za Grands, Ore. MllS. D. ALLKN Are You An Ailing Woman? Why not enjoy Perfect Health? BakGrsfleld. Calif. "For qulto a number of years I have taken Dr. Pie ice 'a two medicine, tiohJon 'Medical Discovery and Favorite Prescription, whenever In .a run down or nervous stato of health. The Golden Medical Discovery al ways gave me rolief in any dis order of the stomach. My mother, who was u practical nurse special izing in obstetrical cases, used to recommend these two medicines to 'her putiente, to be taken during the trying months of expectancy, und 1 have heard her tay that they were dependable medicines and that glm would always recom mend tbeiu." 'Mrs Uertha. Allen, 1028 Kdh St. Your druggist sells DrT-Pierce's medicines in tablets or llipiid. Write Dr.Pierce, President Invalids' Hotel in Uuitalo, N. Y., for free medical advice or beuil lUu for trial jik. tiihlets. OPEN WOSTRILS! END A COLD OR CATARRH 4 f How To Cot liolief When.TToad and Nose nre Slulfed Vp. fount nrty! Your cnld in head or cntiirrh difiippcars. Your elnpiycd no-tril- on'ii, i he nir p;iss;i'es nf your lieail vull elcai- ii nd ynti ran hroatlift frci-ly. Xo more sTniHIintr, liuwkinjj, mueun itisi'lhire, drymj or he:n!:i lie; no htrii'tiii tor lucaih at nilit. (iet a .-in. ill hi. itli- ni Kly' Cronm Bulin fnnn your drui-d and apply a litlie of tliis fragrant aidicpt ic cream in your nostril.'. It pcndniU's tlirouli every ah- iassap of the h.il. winthin Had hi'iilin the swollen or mil im.-i mu cous nii-triLritiii', xivino m int:;nt re lief. Jleml ml.ls and catarrh vield like mil kip. Don't, stav stutrwl-up an-! mi-er-alnV. Pvcliet is sure. Geo. H. Currey jj Ileal Estate Insurance HOT TAMALES Jack-0-Lantern 1115 Adams SPECIAI 'Mcf Automatic Electric Ironer Slightly used, but in perfect condition. f " For Sale at a Croat Reduction ' Eastern Oregon Light and Power Company Arcola Week Oct. 23rd - 28th Special Prices this week only "ti i r ciitll intr on a i; 't ... u ou.h i nl hot -n al. i- lie.il iii st- o h-j.l .Mil- hme I his e i on i ,.i , r n !. uioim i ii (.'i ,n Week Yv vi U pi ir.'s y, .iek ! Whet,- ;tir wer... Se in -I"' now m 'II ti.-c i.nntll Mini ion'11 ! c.nninn.ini,. tliis nnei ,.n e.ie-l t.n. I I. .-,..,1 I'.i.im rv.'i l. TIicm- I'riii- hi unl l;' ' M . nh t .i.h.it,.i . i ;( A i , i "i 1 1 Mi;, : i.,,-,!,,!..!-. $ KM with 4 t. nil.. tins. .1 I n K M A it Ii . i.nli;,!,,! ... J l,;,; 1'! .iheve pii. c nre appr.ii. in. He. i .U .in. I I. I ns On.w x n v.in..h ..o.l K e en exact pi lc im oi!i home. I.ndtcs rspechtt h iilM.ril. 7 A offtr gocJ only from Off. iOth lo Oct. 28ih tsmabI j "Wear- Ever"! two-quart 1 Aluminum SI Puddino; Pan a 5itn r C? EVERY DAY PRICES Good -Ueef Steak, I'd Pot Heists, Ih Boiling Meat, lb liacon, lb .Siiffar Cured Hams, lb 18c 12c. l ie, l(!c 18c Sc, Klc 25c 28c. , uui- large siock always on Hand enables us to supply our customers' demands in nn exceptional manner Trade Here and He Satisfied. The Grande Ronde Meat Co. We art in.iking this oll'rr sulely lor the purpose of af fording you an op pormnilv (o give "Wear-Ever" a re.ll service test in vour oHtt Kiti'hen. We xant von to SEE the difference. M-EL the dilier- Rrnultr Frier f.9$ j 49c Coer only 20c c) j (Regular price 18 qtiently, cheaper, ence and KNOW" the difference between Wear Ever aluminum cooking utensils and utensils of leas thick metal which, c o n s e - are offered at a price. Ore. Hdw. & Imp. Co. Just Arrived ! A complete line of ConnectiKj Rod and Crankshaft Bearings for passenger cars and trucks At Leighton's Welding & 0 Machine Works O o 0 0 0 o Grande, Oregon o Fred Sparh I J . VI . . V .