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About The Willamina times. (Willamina, Yamhill County, Oregon) 1909-1972 | View Entire Issue (Jan. 8, 1925)
Eugeni Oregon the VOLUME 17. NO. 23 FRANCE SUGGESTS A 10-YEAR MORATORIUM * Minister Clementel Presents Note as First Move in Debt Settlement. Part*. — French Finance Minister Clem* ntel presented a no»« to the American umbKMHudor, »migrating a ba*l* for settlement of France’s debt to the United 8t»t«» and making a 10-year moratorium. The move for a debt settlement came ns a climax to a furore over th« subject aroused by the inventory pre- juntud to the chamber of deputies by Cements!. Thu finance minister's remark* about France's ability to pay her debts and hinting at sentiment favoring a pooling of th<* war debt were misinter preted. he explained afterwards. They caused such a sensation, however, that the French government lost no time in moving for a settlement. Th« foreign office issued a denial of reports that payment are to be ex tended over <18 years and other rumors that have been current recently. W illamina times WILLAMINA. YAMHILL OOUNTY, OREGON. THURSDAY. JANUARY 8 1925 Pierce to fill th<> vacancy caused b> nOEPHM the death of John McCourt several UntUUll weeks ago. Not to Surrender Cologne Brldgehesd Paris.—-The allied anibaa*adors in Berlin met at the British embassy lai the German capital Hunday and sign ed Identic notes, announcing th« : refUHul of their governments to eva i cuat« the Cologne'bridgehead on Jan uary 10. Klamsth Bandits Kill 1, Rob Msny Klamath Falls, Or. -^Oscar Erickson , 33. was shot and killed almost in ' atantly and a group of card players ir the basement of the Scandinavian ha! here were relieved of approximate!) $400 in a Hpectacular holdup by ihre« armed and maiikcd men early Bunday UtU/O ITELSO litWw I I Lillu OF SPECIAL INTEREST Brief Resume of Happenings of the Week Collected Our Readers. licenses during the year 1924. Cyrus W. Barger, one of the oldest stage coach drivers in the northwest, died in Portland at the age of 76. Delinquent taxes in Linn county from last year amount to only $47,- 697.14, or four per cent of the total. Several cases of influença have been reported in Pine valley, though no deaths have resulted from the malady. The new $25,000 clubhouse for em- ' ployes of the Pelican Bay Lumber company as Klamath Falls has been opened. During 1924 the city of Salem laid pavement aggregating a cost of $185,- 670. A total of $15,650.76 was expend- ed for sewers. Tax«» received bj the state on gaso line and distillate Sales in November aggregated $202,936.38. Flood waters in the Willamette river virtually Isolated Eugene from automobile traffic for 24 hours. Building operations in Salem during the year 1924 aggregated $1,843,856 as Postal receipts at Portland for 1924 against $1,285,732 in 1923. were $2,763,415.21, a gain of $177,- Marion county sportsmen contribut- 667.62 over the total receipts for 1923. ed. $11,127.25 tot fishing and bunting or 6.86 per cent. The tax levy on property in Lake DOCTOR CADMAN county has been fixed by the county court at 20.2 mills, a reduction from last year of 1.1 mills. Members of the Salem Ki wan is club । have decided to erect a modern greet Ing sign on the Pacific highway five miles north of Salem. The body of Bine Briggs, 10. daughter of Mrs. Rose M. Briggs of Sardine Creek, was found in Rogue river near Medford by a searching party. 11.50 A YEAR PUN SEEKS TO CURE PRIMARY LAW EVILS Portland, Or.—A. L. Mills, president of the First National Bank of Port land, who was president of the Direct Prima.-y league, which gave Oregon the direct primary, has prepared addi tions to the law which provide for post-primary nominating conventions in certain cases. This measure will be introduced in the senate and house at the coming legislative session. This proposal of Mr. Mills is the first studied effort to cure some of the alleged evils which have develop ed under the direct primary since the adoption of the Oregon system in 1904. It providers that conventions, county, district and state, are to be held fol lowing the regular party primary elec tions and that all candidates receiving 40 per cent or more of the party vote at a primary election are to be im mune from the jurisdiction of the con ventions, but candidates who fail to receive 40 per cent or more of the total party vote, shall be certified, upon their request, as candidates be fore the convention, there to take their second stand against each muer or against new candidacies put into nom ination from the floor. Chicago Coal Tea mat er-» Vo«» tc Strike Chicago, 111. — Five thousand coa ..aiHHtera and truckers voted to wall out as a protest against the refusal o’ the Chicago Coal Merchants’ assoc I a tion to consider the granting of wag« increases to the men. ^»iUIng permits aggregating $1,- 702,598 were granted by the Klamath Falls city council during the past year, it was shown in the annual report. The permits totaled 557. The year 1924 in some lines ex- culled any preceding year in La Grand««. Building permits, 343 in .num-' LUNCH GIVEN WITH CASH ber, were Issued for constructions, estimated to cost $448,102. William E. Johnson. 49, editor of Iowa Bank Serves Sandwiches to the Madras Pioneer and first clerk °* I Farmers ot the Stayton and Aunis Depositors in “Run.’* Tefferson county, died in Portland of vllle districts have filed with the state Des Moines, la.—Sandwiches and pneumonia. He was a native of Washington. D. C. — Ambassador engineer application for authority to, coffee were furnished by a local bank Nebraska. Kellogg at I^mdon, Ambassador Her appropriate water from the Sant lam to a group of depositors who were rick at Paris and Colonel James A river for irrigation purposes. An appropriation of $500,000 to be waiting to get their money in a “run" Logan, unofficial observer of the Information has b«*en received oi | tuted in beginning the development on the Institution following the clos reparations commission, were appoint the appointment of Chauncay Fiorey of the Vale irrigation project tn Ore ing of two Des Moines banka. ed as the American representatives to retiring county clerk, as United Slates . gon was requested of congress by thé The depositors had been waiting for thu Puris flnanciul con fere nee which commissioner for Medford to succeed budget bureau. several hours when lunch time came, opened In Par's January 6 Glenn O. Taylor, recently resigned. Lumber shipments from the Colum but did not wish to relinquish their The inclusion of <ellof;g as one of Judge Kelley ot Albany decided that bia river for the year 1924 totaled 869,- places in line. The bank’s officers Dr. 8. Parkes Cadman, of New York, this country's repreien'ativee was In the election held in Eugene last July, 326,834 feet, according to figures is- came to the rescue, however, order- terpreted hern as meaning this gov at which $500,000 bonds were voted who has been made president of the sued by Ralph Lamb, deputy collector ing the m&nagement of a nearby ernment will . um the London-ltawes for the erection of a municipal audi- > Federsl Council of churcnes. restaurant to furnish sandwiches and of customs at Astoria. agmem-^nt as n confirmation of its toriuiu on the campus of the Univer coffee to the depositors. right to colb t f 2V' o. i 000 of Amer sity of Oregon, was void. The bank withstood the 'run. ican war claims fr m the reparations Nine hundred cases were filed with funds. • Treasury Finances New Soldier Bonus the inheritance tax commission at One sub'ect of acute interest to Charter No. 270 Reserve District No. 12 Washington, D. C. — The treasui^r Salem during the year. The amount the United States, listed for discus took the first step toward financing receipt««! and turned over to the gen REPORT OF THE CONDITION OF THE sion at the no eting. I* that relating the soldiers’ bonus, investing $100,- eral fund was $414,947, leaving an un to the payment of wer claims of the 000,000 in special treasury securities receipted balance of $75,870. United States against Germany, money at 4 per cent to meet the first call on W. H. Behtrrell, 70, prominent Port for which the Washington government the government funds January 1, 1930. At Grand Ronde in the State of Oregon at the close of business Dec. 31th, 1924 contends should come from payments land business man and for more than Half of the securities are flat five a quarter of a century Portland man made under the Dawes plan. RESOURCES year treasury notes and the other $50,- ager of the furniture manufacturing Ambassador Kellogg has been fully 000,000 is in the form of special treas- 1. Loans and discounts, including rediscounts shown in items Informed of the attitude of this gov plant of Heywood-Wakefield company, ury certificates of indebtedness, re 29 and 30, if any __________________________ $42,857.27 ernment on the claims question and died at Emmanuel hospital. deemable at the option of the treasury 3. U. S. government securities owned, intending those shown Drilling at the Trigunia w«ll for oil, communicated to the allied govern in items 30 and 35, if any ______________ 7,500.00 from the special bonus account. ments at the time of the Ixmdon con near Phoenix, which was abandoned 4. Other bonds, warrants and securities, including foreign ference. Ambassador Herrick and Mr. months ago for apparent lack of funds THE MARKETS government, state, municipal, corporation. Logan also are prepared to present after drilling had gone to. a great etc., including those shown in items 30 ond 35 if any 16,075.60 depth in the last two years, it is now the American views fully. Portland 6. Banking house, $ -0- ; furniture and fixtures, $3,192.57 3,192.57 said by some of the promoters will Wheat — Hard white, $1.88; soft 9. (ab) Cash on hand in vpult and due from banks, bankerr be resumed. white, $1.76; northern spring, $1.80; and trust companies designated and approved re TAX REFUND SUM GAINS It Is reported that the emergency serve agents of this bank____________ $16,164.37 hard winter, $1.75; western white, $1.75%; western red, $1.69. Mellon Asks Congress for Additional appropriation of $67,500 for the North'1 Checks on banks outside city or town of reporting bank Umpqua road had been approved by Hay—Alfalfa, $19.50@20 ton; valley C100,000,000. and other cash items 184.14 timothy, $22.50@23.50; eastern Oregon Total cash due from banks, items, 8, 9, 10 and 11, $16348.51 Washington, D. C.—A budget re the secretary of agriculture This sum timothy, $21@22. quest for another 1100,000,000 to be will complete the road from the forest Total $ 85,973.95 Butterfat—49c shippers’ track. used in refunding federal taxes illegal boundary to Steamboat, a distance of LIABILITIES Eggs—Ranch, 40@44c. ly collected has been forwarded to con about 14 miles. Cheese—Prices t. o. b. Tillamook: December’s lumber shipments from gress. 16. Capital stock paid in $16,000.00 Several weeks ago the treasury, Portland to the Atlantic seaboard, 17. Surplus fund______ 2,000.00 Triplets, 28c; loaf, 29c per lb. Cattle—Steers, good, $8.50@8.75. through the budget bureau, informed which measured 6 398,527 feet, value«l 18. (a) Undivided profits 6,465.76 Hogs—Medium to good, $1O@U75. the house it would need $50,000,000 for at $138,647, I rought the aggregate vb) Less current expense, interest an ¿taxes paid 4,721.82 1,743.94 Sheep—Lambs, medium to choice, ■ tax refunds in addition to $12,000,000 movement for ’he year for those mar DEMAND DEPOSITS, other than banks, subject to reserve: $12@15. 23. Individual deposits subject to check, including deposits due the previously requested. The treasury kets to 127,512,939 ’eet, valued at $2. State of Oregon, county, cities or other public funds 56,886.05 bill, sent to the senate last week, con 932,101, setting a <ew mark in the Seattle Cashier’s cheeks of this bank outstanding payable on demand • , talned no provisions for refunds but trade. Wheat—Soft white, $1.77; western Total of demand deposits, other than bank deposits, subject &«xiy-»even million board feet of the total 1162,000,000 requested prob white, $1.74; hard winter, northern to reserve, items 23, 24, 25, 26, $56,886.06 ably will be included in a deficiency Klamath timber will be offered for spring, $1.73; western red, $1.71; PK TIME AND SAVINGS DEPOSITS, subject to reserve and payable • bill to be reported by the house ap sale at Klamath agency January 21 Bend bluestem, $2.00. on demand or subject to notice: Fred A Baker, superintendent of the propriatlons committee next week. Hay—Alfalfa, $22; D. C., $27; tim- 9.343.96 27. Time certificates of deposit outstanding___________ ______ Klamath Indian reservation has an- othy, $26; D. C., $28; mixed hay, $24. Oregon Has Three New State Officers nounced. The timber, known as the Total.......................................................................................... $ 85,973.95 Eggs —Ranch, 45 @ 48c. Cherry Creek unit and located in Salem.—Changes, in the state’s of the STATE OF OREGON, Butterfat—48c. , ficial family Monday as a result of the eastern part of the county, I* in the ss. County of Polk Cattle—Choice steers, $7.50@8.50. general election last November war Indian reservation and will be sold Hogs—Prime light, $11.80@11.90. I, J. C. Barry, cashier of the above named bank, do solemnly limited to three major offices. T. B according to the usual government Cheese —Washington cream brick, contracts affecting reservation timber swear that the above statement is true to the best of my knowledge and belief. Kay succeeded Jefferson Myers af 22@23c; Washington triplets, 21c; state treasurer, Edward Ostrandet sales. J. C. Barry, Cashier Washington Young America, 22c. took the place of Newton McCoy ar A log raft of the Multnomah Lum CORRECT—Attest: member of the public service commis Cash turnovers to the stats trea» ber & Box company, which was In »ion from the western Oregon dis urer by the state land board during Yaqulna bay waiting tO bo tOWed tO ' GuuBcnuou anu owuti Subscribed and sworn to before me ' trlct and Harry H. Belt of Dallas be December aggregated $91,375.13, ac Astoria, broke adrift and under the In- this 6th day of Jan. 1925. Ira L. Withrow camo a member of the supreme court cording to a statement issued by fluence of a strong ebb tide was H. L. Anderson, Notary Public, J. C. Barry Directors. taking the place of Associate Justice George G. Brown, clerk of the state carried out to sea. The raft contain*! Mv commission expires 10-1-1926. Martin Pip«** appointed^ by Gsvejnoi e^_7$0.D00 foot land office. . 1 MEN TO ACT FOR U. S. ARE NAMED BANK OF GRAND RONDE