Image provided by: Independence Public Library; Independence, OR
About The Polk County post. (Independence, Or.) 1918-19?? | View Entire Issue (April 2, 1920)
THE POLK COUNTY POST
WHO SHOULD PAY?
edly more than the stock. Experi
ence in a great number of cases
(From the Portland Journal.)
shows that the stock is worthless,
Published every Friday at Independence, Oregon.
Scores of Portland fi/ms and in and the bond holder who makes
dividuals paid an income tax of the exchange is simply another vie- ■
Entered as second class matter March 26, 1918, at the postothce at more than $100,000 last year."
j tim to the army of sharpers, who
So runs a news story in the Jour find easy booty in these days of
Independence, Oregon, under the Act of March 3, 1879.
nal. And a number of Portland reckless speculation."
linns and individuals paid a tax
V\ hen bonds are sold or traded in
CLYDE T. EC K E R
Editor and Publisher.
of more than $1,000,000. And one | such volume us they have been late-1
Portland linn paid an income tax ly, naturally the quoted price o f :
j such securities drops. That dis j
more than $1,500,000.
When you com template more turbs millions of bond holders and
TH REE MONTHS
than $4,500,000 as the mere tax on 1 tends to accelerate the selling move- j
an income and when from that you inent and lower the price still 1
S I X MONTHS
try to figure out what the whole in farther. The bonds are, of course, j
ONE Y E A R
come of that Portland firm was, as good ns ever. They produce as J
Uuless otherwise provided for, subscriptions will be stopped at expiration
what is your honest conviction as large a percentage of income as
Anybody who buys a war
to who should pay for the war?
issue, at present prices,
It is' not stated what firm
A little more paid advertising and a little less *kind- these profits. The question of what gets a bargain. Especially is it a
ly print,” boys.
firm it was does not figure. The bargain when compared with most
heart of the issue is the fact that other securities which investors
any firm was able to pile up such a nowadays seem so eager to buy.
Hemocratic hopes are reviving. Len W ood is making colossal profit out of the war, for The wise man today is the one who j
only the war could have made such keeps on saving as he did during ,
the war, and spends all he can save
an earning possible.
A propaganda is being spread in buying more of these war bonds !
‘ ‘ Gum to go to six cents,” says a news report, Well, thru the country to the effect that at the prices now current.
the excess profits should be abolish
gum stuck (¿uite a while.
Medical Assistance For China
ed. Should it? Should Ibis more
than $4,500,000 excess profits tax be
t.'.re a me.!
Quit peddling the bunk about capital punishment returned to the Portland firm and ieal In force
at',: to the n<c
the sum be collected in widows’
being a preventative o f mui-der.
mites thru taxes on ice cream and of the s : nation la one province th.- i
is but . - i'i'-f
i.'ci r to fivo millions
the picture shows and the other people, .
: . . s:
rics living in 1 .
In one way equal suffrage is not fair, It gives some
must travel many days i
cal help in case of noe
men two votes and others none at all.
It is no crime to be rich. Some
•am of the Interchurc
will always be rich and some poor. Wor: '
lent, based on a caret,
More and more will be i>oor if
,-y, \i.l nclude the strengthening
“ Take my name off the ballot,” demands Mr America continues in her present sun
stltutions and the opening
Hoover, but his candidacy goes marching on.
gambler’s career of spendthrift ex of a la:
”iber of hospital^ in new
.hey are most needed.
travagance. Some riches come by areas
legacies, some by thrift and some
The story of “ Opal” is very interesting and most by exceptional knack for accumu
Notice to Creditors.
people think she is a remarkable child for one who has at lation. So, in general, there is no
Notice is hereby given that the
war to be made on riches and no
tained the age o f tlnrty or more.
undersigned has been duly appoint
reason to decry the wealthy.
But here is the point: The war ed administrator of the estate of
difficult living for a lot of Charles Silas Cooper, deceased, by
•Somebody was commenting recently on how many
people. With prices as they are the the County Court of the State of
ways there is now o f spelling Catharine. Twenty years wonder is how some are able to | Oregon for Polk Cbunty, and has
survive at all. It took away the qualified.
ago it was spelled Iv-a-t-e.
All persons having claims against
business and changed the entire ca
reers of many of those who went to the said estate are hereby notified
W hat has become of Charley Hughes? Eour years war. But it enabled one firm in to present the same duly verified,
to pile up such colossal together with the proper vouchers
ago he missed the White House by a snub. ¡Shouldn’t Portland
profits that it paid an income tax therefor, to the undersigned ad
such a showing entitle him to entrance in the next heat ( of more than $4,500,000.
ministrator at his residence near
Would it be right for those who Airlie in said County, within six
lost by the war to pay for the war? months from the date of this notice.
M cAdoo and Bryan are the two strongest Democrats Would it be wrong for those who Dated and first published March
in the country today. Either might be defeateu but after profited so enormously from the 19th, 1920.
the battle the Republicans would know they had been in war to pay for the war, or most of
Administrator of the estate of I
Charles Silas Cooper, deceased.1
Interest Rate Bill Not Retroactive Swope & Swope, Attorneys.
First publication March 19.
I t looks as if the next Oregon legislature would not
Last publication April 9.
upset any precedents. Among its members will be the
Altho there is no danger of the
usual number o f small gauge politicians anu corporation 4 per cent and 5 per cent rate bill IH iliK IH IH IL f llin ia H .B ilH in iia ilK IH
passing, it is interesting to specu
late on what would happen if it
should be adopted. Professional
paid circulators who are trying to i A. G. Williams, Prop. |
Washington, Jefferson, Madison, Monroe, Jackson get signatures for the measure are
and Polk declined a third term and Grant and Roosevelt telling people it would reduce the g A ll kind of barbering i
g done and satisfaction I
tried in vain. We wonder in wlncli group Woodrow W il rate of interest on loans which are g guaranteed. L a d i e s ’ i
now in force. That is to say, if a
son will put himself.
man had an 8 per cent mortgage g shampooing and mas- I
on his home it would reduce the g saging given special at- i
rate to 5 per cent as soon as the g tention.
Shine in con- i
The Portland Journal Stroller appears to be such a amendment was passed.
good natured chap that his front name must be Sam. This is entirely untrue. It would
H aven’t you noticed that most o f the boys named after not affect the interest rate on loans tn H in ilin iM ilia illB IM lIiH liH liH IW IH iL H i
already in effect. If the man re
their country are that kind?
ferred to above had a mortgage at
8 per cent which matured on Janu
ary 1, 1922, his mortgage could not
TO R E A LIZE THE
Berger, the alleged traitor, can’t get into congress. be foreclosed until it was due, but
Newberry, who corrupted popular government by money, during the life of the mortgage, that
stays in. Both should be in or both should be out. Yet is until January 1, 1922, he,would
men wonder why there are so many “ R eds” and so much have to pay the 8 per cent. When
the mortgage finally fell due on Jan
Boshevikism in this country.
W e buy everything you
uary 1, 1922, it could not be renewed
want to sell and sell
at a rate above 5 percent, but this
would simply result in his being
everything you want to
I t t t -------------
unable to renew the mortgage at
buy. Cash or trade.
all, as the man who had loaned him
THE R H Y M IN G SUM M ARIST
the money would loan it in some
Bring in everything you
other state at 8 per cent.
want to sell and 1 will
Saturday night the 0. F. boys met,
Veey few people who have mort
sell it for you on a
There was a rougher path to travel, .
son a law which would make it im
A more rocky one to go;
possible to renew mortgages would
M A X GOLDMAN
I t ’s fun to be within its sacred walls
result in the wholesale foreclosure
of Oregon real estate. It would be
A s candidates are groaning,
a nice thing for the attorney, but
To hear the cries,
pretty hard on the people who have
The shrieks and sighs,
their mortgages foreclosed.
i THE WIi.U MILL SHOP |
SW OPE & SW OPE
The music of the moaning.
Bargains in Bonds
When Odd Fellowship goes on a tear,
By hornet, jim m y jerkus!
It puts out the sign— “ Going Some,”
Its sure to beat a circus;
Brothers may come and brothers may go
But the order there is no defeating,
In a thousand years
Without any fears,
The boys will still be meeting.
The Rebekahs too deserve a cheer
While into the order w e’re poking,
We say this as a solemn truth
Amidst our josh and our joking;
Sadie opines they have a goat,
A nanny they’ve christened “ Jakey,”
We believe the lass—
But who will pass
A piece of Cora’s cakey.
H * * v O O O O O O O O O O f l » * 0 *<> 0 0 0 » 0 w ( K » 0 « * 0 ««*<
Told by the bank Book
Checking, Savings and
Time Deposit Accounts
T H E R E ’S the widest possible
range of facilities here at the
Farmers State Bank for your
VVe pay liberal Interest on Sav
ings and rime Deposit Accounts,
while Checking Accounts are in-
dispensible to men and women who
are regularly receiving and dis-
C. vV iRVINE,
J. B. PARKER.
C. O. IRVINE.
Glen C. Smith
T o />Q>
‘ You Ye file Man to be Satisfied 9 t
says the Good Judge
You get a whole lot m ore satis-
faction from a little o f the
Real 'Tobacco Chew than you
ever got from the old kind.
The good, rich tobacco taste
lasts so m u c h lo n g e r. You
d o n ’ t need a fre s h che v so
often. T hat’ s why it costs you
Any m an who uses the Real T o
bacco Chew will tell you that.
Put Up In Two Styles
RIGHT CUT is a short-cut to b acco
W-B CUT' i.? a long fine-cut t r.’vnrco
W e y m a n -B ru to n C o m p a n
A LEG OF REAL LAMB
makes as fine a dish as any
one could wish for.
real Iamb is not so easy to
You can do so here,
We guarantee it.
Try a leg and the very first
morsel you put in your
mouth will tell you the dif
MILLER A SMITH
The Independence National Bank
AN ACCOUNT in a commercial bank is the most
convenient aid to modern business. It systema
tizes payments, is a check on all expenditures and
shows you just where you stand each month.
Open one witli us today. It will pay you to do so.
Member Federal Reserve System
Officers and Directors
H. Hirschberg, Pres.
C. A. McLaughlin, V. P.
Ira D. Mix, Cashier
W. H. Walker
D. W. Sears
O. D. Butler
(From the Baker Herald.)
Nothing is easier than to get rid Office over Craven A Walker’s Store
of Liberty bonds, and the public
seems to be taking full advantage
of that fact. Everywhere the market Independence,
£ B ii!B ii« i(B i¡iiiiM iiaiiin iiiii« ii¡aiiiaiiw iiaq iH u ,H iiaii¡iiiiiiiia¡iiB iiaii!B i¡B i¡w a R it
is flooded with bonds.
places are opened to buy them.
Goods are offered in exchange for
VALLEY A SILETZ
them. Above all, stock certificates
are offered for them. And the pub
lic bites more eagerly than ever,
O. A. C. B A R R ED ROCK EGGS for hatching.
Effective April 1, traîna will
despite the widely published fact
run as follows:
that in the past year about $5090,000
These are from their heavy laying strain.
No. 2 arrives from lioakma
of good money has been paid for
8:16 A. M. daily
fraudulent or worthless stock.
15 Eggs for $2.00.
No. 4 arrives from Campa
The secretary of the treasury
4:00 P. M. daily except Sunday
judged it necessary not long ago to
No. 1 departs for Camps
| issue another warning.
10:50 A. M. daily except Sunday
j Liberty bond holders are urged to
No. 3 departs for Hoskins
I give up their securities," he said,
4:15 P. M. daily
“for stocks of speculative character,
Freight service 2:30 P. M. on
! good sense suggests the presump-
Your neighbor would like for you to subscribe for The
Tuesdays and Saturdays
! tion that the offer is made because
| the Liberty bonds are worth decid- i 1 ~ — ■ 1 - c -------------— —
Post yourself so you wouldn’t bother borrowing his copy.
W I L L A R D E. CRAVEN