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