MEDEQRD DAILY TRIBUNE, MEDEORD, OREGON. MONDAY, OCTOBER 12, 1!)08.
FATHER OF BlNKlOWF NFW PUPIL f
PLANK IN H F4CH 4TH DAY
John; SchiifitLs Discusses III Ten Years Number o
Guaranty Law of Milcli
He Was Originator
POITLAKD, Or., Oct. 32. John
Schuette of Wisconsin, president of the
Manitowoc Savings bunk, tho father
of -the bank guarantee plan, is n repub
lican, though he believes in tho demo
cratic remedy for the banking evils ami
panics of the country. He is in Port
land now on a tcair of the country,
and he enthusiastic in his advocacy
of tha guarantee of bank deposits by
tba general government.
'Fifty yearB ago I conceived tho idea
of . guaranteeing bank deposits," said
idr. Schutte, "and I have studied it
constantly aince that time. It is not a
visionary scheme, is is the solution of
the bk&king and the panic qffuestions,
and ii is bound to come, if uot iu one
way, then in another.
Cure for Panics.
"When I first begau to advocate the
plan I was hailed by the bankers of
the country as an anarchist, now they
are beginning to see my way. The guar
antee of bank deposits would solve the
panic problem. Panics are caused by
fear. Men, during panics, do not want
their money, but they want to know
that it is safe, that they can get it
when they ask for it. They fear that
the banks will fail, and draw out their
balances. The banks cannot stand the
runs, the drain upon them, and hnvo to
close.- People become pnnic-strieken and
the institutions are wrecked, not be
canso the management was dishonest,
not because the banks were not nor
mally solvent, but befnuso fear-smit
ten people mako sudden demands which
cannot be met becauso of their sudden
ness. The bank guarantee, plan would
solve the panic problem because it
would give people confidence in the
banks. Every one has confidence in the
government. If tho government was
baefc of the banks the people would feel
secure in tho promise of the govern
ment to meet nil demands. They would
consider that their money was safe and
would allow it to remain on deposit.
There would bo no runs, no long lines
of fear-vcrnKed depositors in front of
the banking institutions, and consequent
ly no failures and no panics.
Make Prosperity Permanent.
"Money that is hoarded now would
come out into the bankH and into circu
lation. Business would increase and
prosperity would bo permanent."
"It is tho big bnnlters of the coun
try who are opposing the deposit guar
anty plan. These banks have profited
by panics, for in such times the peo
ple ha'e sought what they considered
the safest banks and have chosen the
large ones. These men do not. want the
guaranty plan because it will lose thctn
businoss.
"If the postal savings banks are cre
ated there will be approximately 18,
000 government banks in tho country.
Theso banks would be the strongest
possible competitors with the private
banks, and tho private banks would
have to unite on some insurance plan
to-meet this competition. The remedy
for the bankers themselves then would
boto unite in a demand for a deposit
guarantee act. This would prevent pan
ics, it would be more satisfactory than
the postal savings banks and would pre
vent the government fiom going into
the banking business. It would prevent
panics and bring honnlrd money into
circulation. The main objections come
from a few big bankers whose main ar
gument is that it would encourage reck
less banking."
BUTTE FALLS ITEMS
Softool Children in Jack
son Increases to 5,904
J. L Paton of Eagle Point is trans
actirlg - business with Med ford merchants.
Ben Parker together with tho family
efrKev. Mr. Owens are intendingto go
to the coast.
Wana Parker and family are visit
ing In the Klamath country.
Joan Cadzow has removed his stock
of furnishing goods to the rear room of
the bank building. Mr. fad.ow's
father has errived in Butte Kails on a
visit to his son.
Mrr. B. Albert will on Hallow 'een
give a grand masquerade ball at the
town hall, to ho followed by nn elab
orate supper. Grent expectations are
entertained rf this dunce and much in
terest is already shown in the costumes
" and attendance.
Tom Gebhart took a load of fine
posts to Medford and returned with his
winter supplies.
The Baker Bros, nre at 1 1 working on
the public road.
The Bradshaw lane is undergoing a
thorough repairing and will ! put in
fine condtion.
E. E. Wheeler finds himself very
comfortably fixed in the new store f
CUshill Wheeler and in connection
with the livery brn are doing a good
hiffine.
Ilunters from ho valley are attached
to tbie, action with the hope of seenr
irg; a ienu of venison. Te der are
far back in the hills and are not canity
gotten.
Iu ten years the number of school
children in Jackson county hnvo in
creased but 125, or about one new pupil
every fourth day, according to a state
report on school children.
Though the school population of the
state has increased nearly 30,000 in the
past ten years, there are a few coun
ties in the state that show an actual
loss in number of children during that
period. Linn county, for example, has
dropped from u school population of
72UU in 183 to 6;10S iu 1108. Curry
county shows a decrease from 74-4 to
0-6 in the same time. Tillamook had
l(i)o children of school age in 1SDS, but
reports only l)Kl in litOS. Douglas
county has remained almost stationary
in school population.
A number of counties show but n
comparatively small increase. Sherman
and (iillinm counties report a decrease,:
but this is duo to tho fact that Wheeler;
county has been formed out of portions
of those counties in tho Inst ten years, i
Nearly half of tho total increase in.
school population is due to the increase
in Multnomah county.
The forthcoming biennial report of j
Superintendent of Public Instruetion J.
11. Ackerman will show the following
comparative statistics regarding the
number of children in the several coun
ties between' the ages of 4 and 20 years
iu IMS ami 11)08:
County 1S!)S 1008
Raker 3,327 5,211
Itenton 2,481 2,751
Clackamas 7,742 ' 8,7S!)
Clatsop H.H70 4,122
Columbia 2, 1.13 2.90.T
'oos 3,82!) fl.OSfl
Crook 1,301 2,080
Curry 741 C20
Douglas 5,370 5,372
Gilliam I ,!.". 1,112
Grant 1,371 1,805
Harney 013 030
Jackson 4,070 5,004
Josephine 2,401 3,()3S
Klamath 1,114 1,752
Luke 870 1,012
Lane 0,028 D,jr;7
Lincoln 1,423 1,340
Linn 7,200 C.50S
Malheur 1,170 2,170
Marion 0,024 10,038
Mi.rrow 1,502 1,004
Multnomah 23,004 30,5S7
Polk 3,807 3,0(0
Sherman 1,101 1,050
Tillamook 1.005 1,503
Umatilla 5,078 0,231
Union 5.155 5,402
Wallowa 1,780 2,030
Wasco 4,0S0 5,300
Washington 0,131 0,5SS
Wheeler SSS
Vaiuhill 4,780 . 5,034
Totals. g 130,750 100,042
BROTHER SHOOTS BROTHER
IN A JEALOUS RAGE
MANASSAS, Va., Oct. 12. Follow
ing a tragedy caused by jealousy, Ed
ward and Allen Fair are dead today as
the result of a quarrel.
Kdward Fair, jealous of tho nttontion
paid his wife by his brother, Allen
fair, yesterday shot the latter and then
attempted to shoot his wife. Tucker
Posey interfered and received a shot in
stead of the woman, but was not fatal
lv wounded. Posey then killed the
murderer.
Ti i Y. P. S. C. E. of Christian church
will give a fine supper Friday eve
ning, October 10. Place announced lat
er. Keep this supper in mind.
ruLir CHOULD
GL4IA TR1 BLwr.TION
POt?teXT), Or., Oct. 12. A straw
vct fith an unusual result was tnkn
Tl tO I on The Dalle
City yiater, rring from The Ifc'lf?
to Porting. Th( vote showed Debs
11 5. Most of the
feV rote ei'r Taft or Bryan
4 9Mt, but tJtv i$thf first one gir
fcgfe t honors To the socialist candi
date.
40 acres orchard, 23 acres pears and
apples; good building; well fenced; one
of the finest orchards in tho valley.
Good 4 room house, $750.
Good 0 room house on sewer, $1700.
Good S-ronm house on sewer, $1500.
For investment 720 ncres, all bottom
Innd; new house; good outbuildings;
sub-irrigated; would cut up into small
tracts; seven miles from railroad.
J. C. Roger.
Office, Hotel Nash, D street entrance,
Sampson's Spray
Took the Blue Ribbon at the Medford Fair
for lime and sulphur solutions.
It is the best and used in the famous com
mercial orchards of the Rogue River valley.
Made by
Grants Pass Canning
Company
Grants Pass, Or.
John D. Olwell, Agent, Exhibit Building,
Medford, - - Oregon.
A 5186
I am now
Located
w ith Martin J. Redely
and am prepared to
do all kinds of re
pair work on
Watches, Clocks
and Jewelry
B.N.Butler
Near Postofficc
FOR SALE Exceptionally desirable
boubd lot, choicely located, close in,
high and sightly in best rosidenco dis
" tnet; prico sacrificed in order to find
immediate purchaser. This is a bargain
for somebody. (Small wish payment
handles it. Write L. Tribune, Med
ford. 170
MISSION GRILL
Try those Hot Rolls and Cakes
for Breakfast
Coffee the Best
Nuff Said
City Business Directory
SAVOY THEATER
North d'Anjou Street.
Latest motion pifturos and illus
trated songs. Entire change of
program Monday, Wednesday and
Fridav. Admission 10 rents.
T. W. Dnilv C. E. MeComb
DAILY & McCOilB
slieal Estate, Mentals and Loans
Tea-acre tracts a specialty. Ref
erence, Jackson Co. Bauk. Room
33 Jackson I'o. Rk. bldg, Medford
COLVIQ t DURHAM
Lawyers
Office: Medford Bauk Bldg.
Qronnd floor.
BIJOU THEATER. W. 7TH ST.
Continuous performance every
evening of motion pictures and il
lustrated ballads. Entire change
of program Monday, Wednesday
and Friduv. Admission 10 cents.
ARTHUR S. DAVIS
Contracting ElMtrical Engineer.
210 W. Seventh St., Medford, Or.
Cook Stoves and ranges. Phono 91
MORDORFP & WOLF
New nud Second-Hand Furniture
Fads' old stand, IS 20 F St. South
Medford, Or.
WM. H. AITKEN
Plumbing, Steam aud Hot Water
Heating.
Phone 22.
210 W. Seventh St., Medford, Or.
ANLO PENWELi
Tha Plumber.
I solicit a share of your business,
pledging safeiafatotteai
KARNES ROOMING HOUSE
Newly built and newly furnished
All modern conveniences.
D. G. Karnes, Prop.
29 S. O St., Medford, Or.
EDEN VALLEY NURSERY
Homo grown whole reot treos. .
N. S. Dennett Medford, Or.
THE ELECTRIC AND FRENCH
DRY CLEANING AND PRESS
INO WORKS
W. V. Lane & Sou, Pr.ps.
Opposite Hotel M..ro,
Medford Oreg.l
FISH MARKET
Fresh fish, received daily. Oys
ters in Boason.
Cor. Seventh nnd E Sts, Medford
Watch this space.
MISSION FURNITURE WORKS
WASOHATJ tt BROWN
wish to auuouuo. to their patrons
that they are located iu their new
quarters ia tho Youug. V- Hall
building.
Billiards, Cigars and Tobaccos.
MEDFORD TEA AND COFFEE
HOUSE Specialists in Tens, Cof
fees, Extracts, Baking Powder
nnd Spices. Wo carry all kinds of
dinner waro and fancy dishes.
81(1 W. Seventh St. Medford, Or.
THE EMERICK CAFE
The best restaurant in Southern
Oregon.
W. E. Johnson Prop.
M. ft X. CANDY KTTOHSN
To mako all our iwi caaaiea.
Mnrtiu nnd Harrow, Pr.ps.
Corner' Seventh and 0 Streots,
Medford, Oregon.
THE HOTEL EMERICK
Rooms from 50 cents to $1.50 per
day. All modern conveniences.
Wo solicit your patronago.
VERNE T. CANON
Billposter and distributor. All
orders promptly filled.
Room 7 Jackson Co. Bank Bldg.
Medford, Or.
DR. FRANK ROBERTS
DentiBt
Office hours: S to 12, 1 t. 4.
Miles Buildiig, Seventh Street,
Medford, Orogon.
I buy nccounts, bills, notes and
judgments of any naturo, nny
whero. Address
O. CLAY
Box 52 Medford, Or.
O. F. COOK
Sells trees that grow.
Office: 11. H. V. Depot.
T. O. Box 841. Phono 59.1.
Medford, Or.
THE MISSION GRILL
Always open for busiueBS. Neat
aid clean. Up-to-date. Papular
prices.
12 So. O St. Lambert & Browa
Livery nnd Peed. Phono 2431
WEST SIDE STABLES
Chns. E. Tull, Proprietor.
First-class TurnoutB.
Medford Orogon
MISSES BANKS & BICE
For Suits, Gowns and Fancy
Waists.
Hnskins Block, Modford, Or.
Phnno 3 rings.
THE R. R. V. LUNCH ROOM
Finest cup of coffee an
tho Pacific Cast.
11. II. Lorimer Pnip.
DR. GOBLE
Tho only oxcttisivo Optician bo
tweoa Portland nnd Sacramento.
Offico on Seventh Stroet.
MRS. ED. ANDREWS
Voieo Culture and Art of Siugiug
Studio at ltesidenee.
East Medford. Phono 225
For go.d bargaius in Watches
,-itd. Jewelry, Pistols, Musical la
struiuoats, go to
THE MBDFORB L0AN OFFICE
JOB PRINTING
Neatest nnd best, at short notico
by Tho Tribune.
S. R. SEELY, M. D.
Physician and Surgeon
Modern e(pupped operating rooms
X-llay. Office hours: 10-12, 2-4 p.
iu. Office in Jackson Co. Bk. bldg
When others fail, cull on
MEDFORD FURNITURB 00.
Undertakers
Pay Phone 353
Night Phonos C. W. ConUlin 3(1
I. H. Butler 148
tT B. J. BONNER
Eye Specialist
Offico in the llrnnd Theater Bldg
Phono 35. Seventh and Mnin
Tribune Ads Bring Results
Electricity Ia
Tilwaya Ready
Vou nrrd only to close the switrh
nnd the mntnr stnrts
It meeds mo mopm mtfm-
Hon til! you stop tt
Ask u" nbjut Opnernl Kleeiric To
Xcir. V"U ran u"' thorn.
ROGLli RIVIiR
I.LECTRIC CO.
Suc&ssovs to Condor Wa
ter &. Power Co.
Office 206 West 7th street,
opp. the big electric sign
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Department Bargains
WE ARE NOT QUOTING A liHDUCTION VMM TIIH KKOULAtt IMiTCK OX EVERY AHTTOLE TIEWE. 1
1 JlOWKVKIt, WE HKQUKKT THAT VOU COM l.AU H TIIM KWilJLAR NIOLIYINd PRICE OK OUR
GOODS WITH TJIH SAL 10 PRICKS OF OTHERS. I
A HOSIERY JJARHAIX
5 We arc reducing tlio price on
a lot of L'OO pairs of tho ccl
5 eliraiod Eiirson Hose. Those
arc the kind that save the
darning yarn ; reduced from
I ')')( a pair to 27c
20 YARDS FOR $1.00
Z Our bargain lot of 'J000 yds.
of Class A Gingham is fast
5 disappearing. Offer closes
October '. A regular 10
yards for f'l seller, now 'JO
55 vards'f'nr $1.00
1- .
KID FJTTIXG CORSFI'S
We are showing several
styles of this noted line of
corsets. Every woman is
familiar with them. Worth
sM.l!", now selling for,
each $1.00
MUXSIXG FXD'RWKAR
This line is noted Cor its
fiiali(y. In vests, pants or
union suits, for ladies', miss
es and children. Kvcry gar
ment fully guaranteed,
prices from (i.'ic to $3.50
GROCERY IiAUGArXH
Cmnl) honey, such as is usn
allv sold for !")' to 'JO per 11).,
now 1V
V -'2c Carol inn Head
Rice 10?
life A Xo. 1 Japan Rice....8?
SCHOOL SHOES
We handle the Hainilton
lirown school shoes. These
stand the wear and tear of
children's usage better than
any others. All styles and
sixes, priced from Jfl.L'.')
i,, JB2.50
PALMER COATS
Ladies', misses' and ehil-
(Iron's. "We have received E
the third large shipment this
season of those garments.
They are popular. There is a B
just reason. Priced from
fc.8.- to 38S7.5U
SUITCASES
Another large shipment of
Waxinon's popular Suit-
cases in nil styles, ielespoe-
ing suitcases, full leather,
leather lined, etc., in prices
from 1.8. fo $8.50
I THE OLD SETTLERS'
1 REST RARGA1X
I RAZAR
Hutchison
Lumsden
A RAPIDLY GROWIXG f
liUSIXESS RUJLTOX
VALUE G I V EX 1
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