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 ___....................................... ......;__ ;__ ¿
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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
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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
...... .
.................................
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l l O f l l (p ar value,
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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 ........................................................................
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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)
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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)
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Total depoaiu I r-v responds to Hem M above)
..................................................
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Federal funda purrhaaed and aerurltlea said under sgreemenU to repurchase loerrsapends to Hem JO above)
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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[
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IMWATOR» ó r BfBReWB
John
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end I hereby certify Ihot f am nef en » { / i f f o» director ef this benk
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PHONE 668-4188
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SANDY '
Corner of Pioneer & Scales, Sandy