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About Sandy post. (Sandy, Oregon) 1938-current | View Entire Issue (May 13, 1982)
Thvn Moy »3, IM ? (S m ») SANOY (Oro ) POST—3 Candidate cites economie chance Postmaster seeks mailbox fix-ups by DAN DILLON Oregon has a unique opportuni ty to be at the forefront of an economic upswing, if the United States government is witling to lend some assistance. State Sen Ruth McFarland told The Post in an interview, "We have to think about taking our place in the world of nations," she said, "and Oregon is the gateway to the Pacific Rim "The place to put money is where it s reasonable to expect a return,” the Democratic can didate for the 5th Congressional District said “ We cannot renege on our c itiz e n s h ip in the w o rld ,*' McFarland said. “ We say we want to diversify Well, we can diversify with the import-export business." T hat could g arn er fed eral assistance m maintaining open ports and transportation methods getting goods to market, she said. McFarland favors diversifica tion of the timber industry to in crease exportations of finished wood products, in addition to raw logs She cited a bill introduced in Congress th a t would allo w timber men to cancel up to 40 per- would only be tem porary," she said "They can’t stay down as long as government is competing for funds in the marketplace ** She said the government should go after individual deficits before tackling the whole budget short fall. One place to start, she said, is overspending in the m ilitary She said that $100 billion was spent last year in m ilitary cost overruns which aren't budgeted She chided incumbent Denny Smith, R-Ore , for voting against a Congressional committee which would have monitored oversights McFarland said eliminating ad ditional nuclear warheads is one place where the m ilitary budget can be cut "We should stop manufacturing nuclear warheads,” she said. "We h ave enough now to blow ourselves out of orbit. Instead, we should sit down and talk about en ding this ridiculous arms race.” Kuth McFarland cent of their contracts with the Forest Service, but said she is uncertain whether she can. sup port such legislations even though 53 percent of the state’s lands are owned by the Forest Service and Bureau of Land Management. "T h e s e people took th e ir chances (over bidding* and took their lumps," she said. With high interest rates retar ding the housing in d u s try , McFarland isn’t sure that bring ing the rates down would be a panacea "Reducing high interest rates Now that the snowplows have been put away, the Postal Service is urging postal patrons, particular ly those on rural routes, to turn their attention to repairing and improving their mailboxes during M a ilb o x Im p ro v e m e n t Week, May 17-21. " T h is w in te r was e s p e c ia lly rough on m a ilb o x e s ," said Postmaster Arnold Becker " N o w the e ffe c ts of weather, vandalism, abuse and neglect are evident in leaning support posts, rust and corrosion, broken hinges on doors and miss ing box num bers and names ” Noting that rural car riers alone serve more than 15 million boxes daily, the Sandy postmaster said a damaged or improperly placed box will make it more difficult for rural let ter earners to leave those s p e c ia l le tte r s and packages "O f course some boxes may only need painting," the postmaster said, "but others may need to be replaced ’ The postmaster said the Postal Service has restric tions on the type of mailbox customers may choose R u ral customers must erect m ailboxes which have been approved for use on rural routes Should customers prefer a custom-made mailbox, it must meet certain stan dards for size and strength and be approved by the postmaster before being placed in use. Postmaster Becker said a variety of approved com mercial mailbox designs are available for use with The candidate called U.S. foreign policy “ incoherent” decorative posts, and those who would prefer a custom made mailbox, or who need information on mailbox s p e c ific a tio n s and r e quirements in general may check with the Sandy Poat Office WE MUST NOT LEGISLATE AWAY OUR FREEDOMS.. DEMAND QUALITY LEGISLATION, NOT QUANTITY. / “Our whole foreign policy, in reference to South and Central America and the Middle East, feels chaotic to m e,” she said. “ I don’t know what anybody’s trying to do” Solar industry seen as new booster by DAN DILLON The answer to Oregon’s economic woes lies in the establishment of a whole new industry, according to Dave McTeague, 29, Democratic candidate for the 5th Congressional District seat "The economic problem is that capital is draining out of the region," McTeague said, "when we could be looking at a solar or recycling in dustry which we could export” New businesses like these, he said, could create "tens of thousands of jobs" for out-of-work Oregonians. "Different kinds of hands-on skills can be transferred to the renewable energy industry," McTeague said, adding that he favors subsidies to support these kinds of endeavors. With an increased solar energy program in Oregon, M cTeague favors termination of the five WPPSS nuclear plants at a savings of 130 billion that could be put into the alter natives. McTeague, who has been active in the campaign for public utility districts, also favors repeal of the Northwest Regional Power Bill and working to mandate conservation and use of renewables. Bike-a-thon plans ready for May 29 Hot dogs and snow cones will be sold at the St. Jude v h ild r e n 's R e s e a rc h Hospital Bike-a-thon May 29 Free soft drinks will also be available. Bob Rykken will recruit riders from Boring and Damascus, and has made arrangem ents w ith the Boring Fire Department to be on hand if first aid is needed D u rin g the c o m in g weeks, riders will ask area residents to back their ef forts by pledging a con tribution for each mile they ride There is a 20-mile maximum Wheels For Life chair man Anita Tinjum said the sponsors would be asked for their pledge only when the ride is completed and the rider’s distance has been verified. Dave McTeague The housing slump is the result of national interest rates, he said. " I disagree with the tight money policy of the Federal Reserve,” he said, ad ding that the fiscal concerns began under the Carter administration and have been carried over to the current administration. He said inflation is the result of a lack of free enterprise and competi tion in most major economic sectors. "The anti-trust laws are not being en- ‘ The money our riders earn will help continue St. Jude's lifesaving research that has become important to children all over the world,” Tinjum said. "W e’ll be showing that we care about children by helping this cause." she said "Please, support your rider with a generous, tax- deductible pledge, and then help them get the funds to us within 10 days after the ride is over." Riders can pick up their sponsor-registration forms at Art Lutz Realty in San dy, the Boring Fire Depart ment or the G resham Outlook, or call Anita, H M 0 4 3 or 8M-7O1, or Bob, M3 -M M or Mt-V7M. Family "get-acquainted" Offici AL S I A M C O N S O L ID A T O RBTORT OF CONDITION TO THE SU PERINTENDENT OF BA NK S. ST A T S OF OREGON Pizza Specials! "We try harder!" Offers good Friday, Saturday & Sunday, May 14-16. Cash and due from depoaito-y in etitu tw m U 8 Treasury aecurtUea Obligations of other U f Government agendas ,n d corporations Obligations of Stele» end political subdivisions in the United Stale» Any large or giant size Other bonds. notea. and debenture« Federal Reaarva slack and corporate slock a Trading account aaeurlttea . . . . Faderal fund» »old and securities purchased under agreement» Io reeell a lo an » Total (excluding unearned income) b 1-eaa allowance tor possible loan loaaoa e. Loans, N e t ............................................................................................. • ................................... I ft. Leeae financing recelvablea ......................................................... II Bank premiaea. fu rn itu re and fixture« and other aaaeta representing bank premia»« II. II Real estate owned other than bank p r e m i a e a ........................................................................ Inveatm enU In unconaolidatad aubeldunaa and aaaoclated companies . . . . It IS Customer«' lia b ility to thia bank on acceptance« o u la t a n d in g ........................................... O ther aaaeta ........................................................................................................................................ P IZ Z A ..., It. TOTAL ASSET» l a m of itema I thru I I I ........................................................... . • . i.iAfut.mta 11. Demand depoeita of Indivtduala. partnerahipe. and corporation« I I T im e and «avinga deposit» of individual«, partnership«. and corporation« Deposit» o f United State« Government D eposit» of State« and political subdivisions in the United States Depoeita of foreign governments and official institutions Each rider will be given a lap card when they r e g is te r a t M o u n ta in Shadow subdivision, near Kelso School, Tinjum said. "E v e ry tim e they ride through the checkpoint, we'll initial the card. At the end of the ride, we’ll check it and sign it to show that the rider has earned what the sponsor pledged," she said forced," McTeague said. Excessive m ilitary spending, he said, is producing a "bottleneck" and is "the least job-producing industry in the country ” McTeague called himself a "strong supporter of a nuclear freeze. " I think our m ilitary build-up pro gram is even more frightening to them (the Soviet Union) than their m ilitary build-up is to us," he said. " I think the other side is more con ducive to a freeze." With a nuclear freeze, McTeague envisions a build-up of more ap propriate kinds of weaponry with an accent on defensive weapons, rather than firs t strik e counter-force nuclear weaponry "The freeze campaign is the most important thing in the dialogue," he said. He said the Falkland Island crisis illustrates another point in the United States’ relationship with the rest of the world. Because the U.S. has sided with England in the conflict, McTeague said, "It's North versus South and a lot of resentment will build up against the United States.” McTeague is a security officer for the city of Salem. s jo IQ a f t ) . Total demand depoaiu ....................................................................... a f t ) . Total tim e and »avinga deposits ......................................................... Faderal funds purchased and «ecurilie« »old under agreements to repurchase a Interest-bearing demand note« (note balances) taaued to the U S b O ther liabilities tor borrowed m o n e y ................................................................ M o r'x tg e mdebtednew and lia b ility tor capitalised leasas M Treasury ............................. Bank's lia b ility on a c c e p ta n c e s executed and outstanding O ther liahtlitiaa ................................................................ . . . . T O T A L L IA B IL IT IE S I »«eluding subordinated not»« and debentures) (sum of items M thru I t ) IL _ S u b .rd .n U d note« and d e b e n tu re s ___....................................... ......;__ ;__ ¿ gQ TITV ca ffia l No shares outstanding No shares authorised It 11 Preferred stock Common stark M Surplus It IS Undivided profits ................................................................ Reserve for contingencies and other capital raaerve« IT H TOTAL EQUITY CAPITAL (turn o f Hems I I thru M ) T O T A L L IA B IL IT IE S A N D E Q U IT Y C A P IT A L (sum o f Hams JO 1! and IT ) . . . . tio a l Any flavor of pop PITCHER. . . ___ _ ............................. Deposit« of commercial b a n k s ...................................................................................... C ertified and officer«' check» ................................................................ Total Depoaiu (sum of items IT thru 11) .................................................. b ...... . ................................. No s h a m o uU tandnw [ Now featuring— ip a r v a lu e ) l l O f l l (p ar value, , . Submarine Sandwiches! M EM O R A N D A I. Amounts outstanding aa of report dele a l l ) Standby letters e f credit, total . . . a l l ) Amount of standby lettera of credit in Memo Hem I s t i ) conveyed to other« through participation« b Tim a certificato« e f deposit in denomination« «f gIMOOO or m o r e ........................................................................ ». O ther tim e depoaiu in am ounU of 1100noo or m o r » ................................................................ ....... . . . . I _ Lx Buy 1 & get 2nd. Average for JO calendar days lo r calendar month) ending with report data a b Cash and due from depository institutloni (corresponds to item I » h o v e l Federal fund« sold and securities purchased under agraemenU lo m e l i (corresponds Io item I «beve) e d Total loans ira rm p o n d a to Ham to abov«) Tim a cartlhcalaa e f depoaiu in denominations ef »10» MO ar more l corre-ponda to Memoranda Hem lb «bove) e f Total depoaiu I r-v responds to Hem M above) .................................................. . . Federal funda purrhaaed and aerurltlea said under sgreemenU to repurchase loerrsapends to Hem JO above) g Other liabilities for borrowed money i corresponds to Hem J«b above) Total atsett Ira rm p o n d a to item I t above[ ky an WOT« T*>„ WWW, e . u l k . su,harts»« V K o c c ■«, VW » ma wMUraieaed «m ee risi. So h»r-k, «seism that this Repast e f Canotti«« (lorhw ina enaramwna» wnh Ow mstrasttans « M M tsus S» Uw kesS s< M r Xnnwu«»» and k.1,.1 ■ORATORE BF O F F T O iIÎ AUTNOEREB TA IR IN REMRV 4-1J-R2 wm o» aPHPWiii i i t w l w w « ______Olas m . Metelöi f _ joet Présidant, 4 CaahARX m a h i a mb We uw unoaruansd »»»«tar» etsss, IDs -s-mvUWM a , Uus bm sv, sS CsnSH Iea I ta a » »»»«lined k , as and u Uw kSv, • , « , , anawtode» and iw lw , haa Saan ».«v are , IMWATOR» ó r BfBReWB John hctre D * _ TIRKA«TRE a» BfRBPWE---------- J e . BRI« EtootaDE . IUU ef 503-660 XûJû ip arttn « «M thilM i mm R r« w p lih in » n ^fu rtioR RM I l I 4 r w U w » r M ¡ ttflNsftfltl B» MRR 1 L m L re I t o i d y County e f ...... ............ e doy «f gusoru le end subecvtbed before end I hereby certify Ihot f am nef en » { / i f f o» director ef this benk «»» PHONE 668-4188 I» SANDY ' Corner of Pioneer & Scales, Sandy
