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About La Grande evening observer. (La Grande, Or.) 1904-1959 | View Entire Issue (June 29, 1933)
Thursday, June 29, 1933 LA GRANDE EVENING OBSERVER, LA GRANDE, ORE. Page Three ROCKEFELLER AND MITCHELL BOTH ON KUHN STOCK LIST WASHINGTON, June 20 P) Charles' E. Mitchell and Percy A. Rockefeller .were listed today among Individuals who, senate Investigators were told. Were Invited to share In profits (rom floating securities Issued by Kuhn, Loeb & company. Ferdinand Pecora, counsel, placed before the Investigating committee a long list or prominent figures In the Industrial world Invited to parti cipate In .the profits. The list was similar to the selected client lists of J. P. Morgan and com pany., but operated differently. Pecora advocated a government In vestigation to determine why an in ternal revenue bureau official changed the classification of an In come tax reducing stock sale by Otto Ipihn from a "wash sale" to "an ordinary transaction on the ex change." Pecora made this suggestion after the committee had received testi mony from Kahn, senior partner of Kuhn, Loeb and company, giant New York banking bouse, that be had paid a foreign Income tax In 1030 when he paid none In this country. Kahn said the tax was $4480 and he assumed It was paid in arcat Britain. The senate investigators also were told that the government granted Kahn an Income tax reduction In 1030 on stock sales without know ledge that the securities were sold to his daughter, Mrs. Maud E. Mar be at present, although there Is plenty of water available at the Intake, the pipe la Inadequate In size and that r-.. uic wnK-r alao j, lost trom the pipeline through leakage. The present wooden pipeline would b replaced with dinnon ,i wrapped and dipped steel pleltne. of .m it men size, as compared with the present size of 12 ana 10 inches In diameter. ThlR nlnrui u-nn1r l crcaso the potential capacity of the pipellno to approximately four mll- e""viu oi water aauy, more than enough to supply La Grande's domes tic needs. As it is. t.h line brings a million or less gallons uuy, ana. it is necessary to pump from the deeD woiir fmm r n a hours dally to supply the demand. n,-r nunc Kxpininca ThO Power Ultint Rfr:tlnn nf h project, according to the city com- " Anchors Aweigh" Today for F. R.As He Heads North LAKEMANS BAY, Maine, July 20 W) It was "anchors aweigh" today' for President Roosevelt as he left this place to start the final leg of his cruise to Compobello Island In New .Brunswick. Desplto the persist ent fog which -limited visibility to approximately 100 yards, tho Amber Jock II, with the president at the wheel, slid northward toward the final goal. COMPROMISE BY BRITISH CHUCKED OUT (Continued From Page One) London government stated they could not commit themselves to any ar rangement which left America out side stabilization. Things looked brighter for a wheat restriction agreement. The Australian n central government accepted the prjn v.clplevand asked ton help, tft.cojiymc- Ing the Australian states of Its necessity; Tho French proposed that the London conference bring about agreements which would pool all com mercial shipping In a combine op erating with one account for receipts and expenses. NO STABILIZATION CONSIDERED WASHINGTON, June 29 P Dean Acheson, under-secretary of the treas ury, told reporters today no action Was being considered in Washington regarding stabilization of the dollar and nothing had been done in this respect since President Roosevelt re jected tho temporary stabilization proposal forwarded from tho London conference some days ago. PLAN VOTE AT ELECTION ON JULY 21 mission, would result In a savings of trom 412,000 to 413,000 per annum to La Grande taxpayers this amount being paid to the light and power company at present for ' eleotrlclty used for municipal purposes. The power plant would not compete with tho E. O. L. & P. Co. In ony way, but would furnish electricity for the downtown ornamental lighting sys tem, for the sewage disposal plant, the city water pumping system, the city library and the city hall. Arc lights In the residential districts would still be supplied with elec tricity by the E. O. L. & P. Co. as the city haB no distribution system con necting with these. The other pro jects couldl bo linked up with the power plant with practically no addi tional cost, because tho city owns the distribution system for these, the commissioners said. The power plant would -be operated by tho flow of wojer through the pipeline. In effect, It would ollow tho olty to supply Its light and powor for Its municipal uses, and the E. O. L. & P. Co. would continue to supply light and power tor all private In dividuals and businesses and also the city arc lights. The estimate on "the, cost -of re constructing the pipeline and build lug the powor plant was made by L. It. Stockman, of Baker, and A. H. McLnln, of La Grande, and Includes 10 per cent for contingencies, en gineering costs, etc. A resolution was adopted lost night authorising tho estimate. The city special election would cost very llttlo as it is planned to appoint the same Judges and-clerks that will handle the stato special election In the city precincts. ' j SUNDAY SCHOOL PLANS PICNIC The Sunday school of the Baptist church will hold Its annual plcnlo tomorrow afternoon and evening at Riverside park, according to the 'an nouncement made by Mr, Jordahl, superintendent. Oamcs and various forms of ' entortalnment have been arranged for the children during the afternoon, and a plcnlo supper will be served In the evening. - . Children who live on the south sldo of the tracks are to meet at the Baptist church at 3 o'clock, and those on tho north sldo will meet at the Greenwood sohool at the same time. From these places they will bo es corted to the park. The committees In charge announce that the plcnlo will be postponed until a lator date If It should rain tomorrow. Three Ordinances Are Passed by City Dads . (Continued From Page One) ule of license foes follows: Soft drink license, 91 each quarter; card rooms, S for the first table and 2.60 for each additional' table, annually: pool and billiards, $7.60 for first toblo and 5 for each additional table, semi annually, the schodulo also applying to bowling alleys. Tho license foe for shooting galleries Is 1S, payable each six months. Licenses in La Grande expire at midnight Juno 30, and tho above schedule will apply on July 1. - Anothor ordinance gave the city the right to accept city general ob ligation bonds in payment of olty liens and other special assessments and for lands sold by the olty. This conforms with a new act of tho state legislature and gives citizens the op portunity to buy up general obliga tions on the open market and then apply them to their liens, etc, on a par basis. -The third ordinance passed changes the present ordinances on dog licenses in two respects, both conforming with the new state law. The firet change makes it unlawful for anyone to own or keep a dog In tho city limlta without licensing the animal; the second change mokes tho licensing conform . with stato luff, which sets the license for male dogs' at (1 and for femalo dogs 2. After Maa. 1, a penalty or will be added to the license fees this provision, howover, not affecting licenses lasuea In 1033. , : v ' Other business transacted last nlgnt Included the rejection, of an offer of 2S for the city hospital prop erty, the offer being mode by O, O. P. Lloyd. City Manager Angus Mc Alllster sold that Mr. Redhead, who lives next to the hospital property, had expressed a willingness to otter as high as 125 for the five-acre tract. ' ; ' Tho manager's roport showed . another tax turnover of WOTS. 36 from the 'county and that August warrants hod been called. Also, bock taxes on , city property has been cleared up, Tho balance of city funds on hand amounts to 17,368.07, divided as f ol lows: First Notional bank $10,007.87, Portland bank $1137.33, cash 697.03, remainder In warrants. Silk Flat Crepe Ward's Low Trice 59c Yd It's a H9c value! 30 Inches wide. Good heavy silk crepe, weighted. . In solid pnstels, white, sports and dork shades. Washable. Brassieres Word" tow Price Wy-K Cool sum. KsJi mer styles! Cvis.'-&! NET LINED vlvJ 4 lace! Satins! Crepes at W.-'-- 25c! Cotton Prints Ward't Low Price 38ii locvd. fSFKKySifflP Ward's' fam- Pii ous Sylvania S$rffZi4b quality IV'riiy prints! New & designs. Tub. tfo7 asl. 36 in. Cotton Gowns Ward's Low Price FULLEST CUT gown at any price! W e r v e shopped! 60 inch sweep! Cotton Spreads Vtoii i I" 'Met (Continued From Page One) lty of projects over the state now being proposed!. " Commissioner William Condit ex plained that this project was to be submitted to the -people merely for their approval or dlsopproval. All three commissioners, however, point ed out that there is a 'remarkable opportunity to reconstruct the pipe line and build a powor plant at pres ent without . costing the city tax payers a single cent. With a 30 per cent grant and the R. F. C. buying bonds for the remaining 70 per cent, local taxes would not be affected. Report Reconstruction Inevitable Reports reveal that the, present pipellno would have to be reconstruc ted within a few years and also that This should be your Choice of Hotels 'Because: The New Low rttM mke iU DAN MOO KB the tnMt coo m omical good hotel, tl, SlW, S3. r . I2.A0. Special family ratw. Nearly every room hM P vats bath. 0 Women trTHi)f unaccompan ied receive avery courteay. Downtown location, eloaa to tht store, but not noisy. Dan J. Moot, formerly oi the Moore Hotel in Pesid, own; and operatea the DANMOOltE personally. , A. A. A. Offlrt Oppoeite Dole. Oppome Terminal Said Building TWELFTH AND MORRISON PORTLAND Size- 80x105. Cotton jacquard quilted ef- feet. Scal loped edges. Grass Shears Ward's Low Price 48c Pol i s li c d Made with hard e ned edges. 8-in. Knotrhcd for rutting. Manila Rope Ward't Low Price itC ft. Lowest prirc i n country for rone of ft. Sin 00 In. this tensile s t r en g I Flexible. Brass Nozzle WW's tow Price 20c Adjustahlcto fine spray, heavy ft ream o r shut-off. Fits any hose 1 ii:e. Steel Hose Reel Word's Low Prk9 $1.48 Years more service from hose if you put it on this reel! 4',4'in. wheels. IIP r" Two-Kunricr WW' tow Price Save 257" on mm fif th it portable tyltfD gasoline stove with' blult-iri brass pump. fax? jsm Papirrt ILett "weafe Tires SpMJ toiiiiii0 JJuaHy 4kh . . . Ride. on Safe, Sturdy Riversides Double your Fourth of July fun! With Riversides on your car you can drive as fast as you want with no fear of troublesome tire changes. You end dauger from weak, worn tires that so often blow out without the slightest warning! Riversides are quality tires! Every one is guaranteed without limit as to time used or mileage run! They're made of the finest materials by one of Ameri ca's largest tire makers. And Ward's low prices save 10! low as Low as . . Size: 29x4:40-21 Riverside Mate Si. e-PLV rs .if. ' . rt .j vjtrftr triad) VMr trW) 30x4.50-91 $4.69 $6.05 88x4.75-19...... 5.10...... 6.45 29x5.00-19 5.48.. 7.00 88x5.85-18..'.... 6.17 7.85 31x5.85-21...... 6.7P...... 1.55 Other Sizes Similarly Low And you can Trade In your worn tires as part payment when you buy River side De Luxe Ward's finest. free Tire Mounting Save 20 si this TruKoId Electric Refrigerator ". $84.50. $5 Down 1 Keep food safe in this TruKold Jr. Hits 4 cu. feet of food space. Dig powerful cooling unit makes ' 42 ice cubes. Com pares to others that cost $96 to SI 00! Ward Lawn Hose Tested to Stand 40!is .Pressure -A Mluy! $2.85 50 Feet Youll never need a better hose than this! Duitt like a lire! Totiph braid cd cord between inner rubber tube and outer iread makes hose light, non-kink mg. 4-IUade Lawn Mower never sold So Low Before! $4.48 Self sharpening blades cot a smooth 14-frn. swalh. Precision built frnmc lorkl bed kni'c in per manent align ment. 10-in. wheel. Light, quiet, strong, efficient; Look! Here's a $50 Suite in American Walnut Veneer! Bed, Cheat,, Vanity 95 SO own, $0 monthly, pfus carrying charg Try to match the quality features of this suite for less than $50! Built of American walnut veneers. With genuine wood carv ings and Oriental wood veneer overlays for contrast. Seasoned hardwpod interiors. And . genuine plate glass mirrors. Alt at a 20 saving! , faeet Wardway Sloes Big Wasli in y2 Hour! odd" New Rippled Tub Gives Gentle Washboard Action $ ti ci hr.o Compare this extra large .Wardway with any electric washer costing $40 morel Be sure yon look at the beautiful porcelain tub with new rippled sides. Ocntlc washboard action whisks dirt out of a big tubful of clothes in 6 minutes! You start At .9 A. M. at 9:30 your washing is done! Long, tiresome wash days gone forever! $1.25 a week, plus email carrying charge. Also with Briggs & Stmtton Gas Engine for home, without electricity. Oscillating Fan Never Before At Less Than $ 3.95! $2.98 An 8-inch fsn at litis price! Induc tion type motor means no radio in. Icrfcrrnce. Quiet loo. Brings cool comfort on even dtt hottest day. 1.59'puts 2 coats i-hour Varnish on lO'xl.V floor! 80c it. Drlea In 4 bouril Terta higher (hut 22 lesding var nishes for gloat, drying, bnuhlng qoalitie reelit. tnce to wear. One gallon covers 600 iq. h. one coat, 2 quart. llli i Save $2.80 light Now,! Men's Suits were 91 175 Most stores are gelling $15 for them. This season suits in SUMMER SHADES lighter greys and Jans.. All ' wool '. very - well mode.' While 'they last! Men's COOL Summer TROUSERS 1 49 Striped white sport slacks are SAN FORIZED . . . 99 shrink proof. Pre-shrunk white linen plus 4 knickers. IDEAL for summer sports! Economy Special! Boys9 Broadcloth DRESS SHIRTS 39C Mothers! Youcairt make a better bay than these! Made to wear good quality plain and fancy broadcloth. Lined collars and cuffs. Double yoke. Summer Work Pants MustWash! Ward's, Wilt! And TA.y'r. Only 89 "Knockabouts" for office . . . dress .'. . sports knockout values! SANFOR IZED slacks with side buckles . . or seersuckers and pin-checks. Bar tacked. Wear! Value!. Black Leather WORK SHOES $1.98 Pr. Out on the road! In the fields! Driv ing trucks! Get black Manned moccasin toe shoes. 13-nall rubber heel, composition r a b bcr oulersole. Real buys! r7T' t
