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