St. Johns review. (Saint Johns, Or.) 1904-current, January 23, 1914, Image 1

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St. Johns review., January 23, 1914, Image 1

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Newspaper Page TextSt. Johtwls Calling: You. Is ietond in number of Industries is seventh In population. , Cars to Portland every 16 min. Mas navigable water on 3 sides. Has finest gnu and electricity. Has two strong banks. Has five large schooMiouses. Has abundunce of purest water. Has hard surface streets. Has extensive sewerage system. Has fine, modern brick city hall. Has payroll of 95.000 monthly. Ships monthly 2,000 cars freight. All railroads- have access to it. Is gateway to Portland harbor. Climate ideal and healthful. ST JOHNS REVIEW Devoted to tfae Interest ol the Peninsula,. the Manufacturing Center of the Northwest i ;i VOL. lO GT TATIXTO mnrfnnur nnn ....... " I al1 jyjnrtu, uiuuh, x' Kiuiv y, JANUARY 33, 1914. NQ I() j , 1 STRONG SPEECH By Mr. Lafferty in House of Representatives Hon. A. VV. Lafferty recently made a speech in the House of Representatives, and as it con tnins much of local interest, and tells where Mr. Lafferty stands i Owen bill is a step in the right direction, but it is a very short step. It leaves in the hands of the money power the authority 10 conecc minions irom the pub iic annuauy in tne way oi exor bitant interest, to which it is not entitled. The Government Is going to loan to the regional reserve banks private corpora tionsour treasury notes at one half of ono per cent interest, taking as security the notes of various citizens the banks' cus tomerswhen such notes shall be endorsed by the regional re serve banks. That is a right (IS1-- e . i. ...t.i. . and his views on a number of'V.M momentous questions, we have decided to publish it in full. Owing to its length, we will be compelled to publish it in weekly installments. We believe it will be read with considerable inter eat. The address follows: Continued from last week. The Statistical Abstract of the United States Government shows the following astounding facts, none of which any citizen will ever get from a m omt re.own cd newspaper, or from any Con gressman who is afraid of a millionaire-owned newspaper. The total stock of money in the Unit ed States is only 1,500. 000, 000. Yet the people of tho United States have on deposit in the banks of the country $17,000, 000,000. That is the first nut to crack. How is it possible? I he only answer is that the banks are loaning credit, and charging a per cent intorcat for it, and are not loaning real money. Next, the fanner of tho Unit ed States have borrowed on ttspir farms $8,000,000,000, while foe total stock of money in the Unit cd States, as stated, is only $3,- ouu.uw.uuo. Again I ask you how is it possible? The farm ers of the United States are pay ing annually $500,000,000 in in terest, or enough to build and fortify tho Panama Canal. This interest charge is $5 per capita ,oi .our population, and, ol course. In added hv tho fnrmnr in fliA co3t of his products and is ulti maloly paid by tho consumer. ii tno larmcrs wero paying tuts enormous interest to men who owned the money and had loaned it to tho farmers, I would not complain. Hut that is not true. The men who havo loaned this marantic amount nf "rrivHr." to tho farmers do not own oithor tho money or tho credit. They aro simply loaning to tho farm ers something they themselves do not have, but which under our present financial laws they claim to nave. The game ia worked in this way: A bank secures deposits. for oxample. of $10,0000,00. It then really owes its depositors $10,000,000. But instead of holding this money on deposit It loans out what ft "owes," ex cept a small percentage, and the men to whom it loans again de posit the same money and it is again reloaned. ad infinitum. until we now have the conditions in the United States which the figures I have just quoted show. If all the depositors should call for their money at once, they could not get it. For, as stated. tliA npnnln linvn "lonnaitnrl" i7.nri(i.nno noo whiln tbn miti ury notes to the banks for stock of monev in existence jn half of one per cent, upon this country is only $3,500,000, 000. The total stock of gold money in tne United States is only $1. 750,000.000, or one-tenth of the total money the neoule are sun posed to have on "deposit." So that if all the depositors should call for their money tomorrow and demand payment in gold they could onty get 10 cents on the dollar, granting that the bank had in their vaults every dollar of gold in existence in the United States. At thn snmo time the total property wealth of only amounts to $3,500,000,000, ing this bill we should havo nro vided that tho banks should not charge the public more than 3 or 4 per cent for these notes when the banks rcloan them to the public. The Glass-Owen bill is nothing moro nor less than a plant for loaning Government treasury notes to tho citizens of the Unit cd'States upon their notes, thru the bankers as brokers, the banks guaranteeing to citizens' notes, anu tno bankers getting a com mission on the transaction equal to the difference between one half of ono per cent, which the Government is to charge the bankers, and thn 6 per cent or 8 nor cont which tho bankers will charge tho citizens. The new currency law will re lieve the business situation, and to that extent it is good. But it should give tho nublic more of the benefits. Now. as a trailer to the Glass. Owen bill there is to bo an atrH. cultural credit bill, a bill to help tho farmers. I introduced such a bill on October 11, 1913, 11. It. 8835, by far tho most radical ono ever introduced into the American Congress, which is now pending before the Commit tee on Kaakinir and Currency. having under consideration the matter of rural crcditB. I havo been invited to appear before that committee soon, but mv constituents will never hear of my work through tho newspa pers. All tho other so-ca cd ag- ncuuurai credit uiiis merely pro vido for organizinir tho farmers locally, so that they may borrow money ironi the nresont Monev TruBttho money power. It does seem to mo that the farm jrs can do that much without "aid" from Congress: but mv bill provides, following almost the exact langungo of tho Glass Owen bill, that the Secretary o tho Treasury shall cause to be printed and denosited in the Treasury of the United States an issuo of treasury notes, and shall, under ouch regulations as lie may prescribe, loan such treasury notes to tho farmers of tho country tnkincr as Bocuntv urst mortgages upon thef r farms not to exceed CO per cent of the unimproved value thereof, at per cont interest per annum, and my bin provides that tho profits which the Government shall de rive, and it will derive a nrofit even at tnnt low rate of interest. shall go into a special fund for tho building of public roads. Mark my words, this bill is identical with tho Glass-Owen bill, except that the Glass-Owen bill provides for loaning treas one- com mercial paper, personal promis sory notes, accepted drafts, and bo forth, as security, whi o my bill provides for loaning the same kind of Treasury notes to tho farmers upon first mort gages and at interest four times as high, to wit: two per cent No man who is afraid of the money power or tho newsna pers would have dared introduce the bill I have ottered. Inasmuch as this country has property amounting to $125,000. 000,000 and its stock of money HIGH SCHOOL Items of Interest Regard ing School Doings St. Johns is Calling You Has seven churchts. Has a most promising future, Distinctively a manufacturing city Adjoins the city of Portland. Has nearly 6,000 population. Has a nublic library. Taxable property, f4.50O.O0O. Has large dry docks, saw mills Woolen mills, Iron works, Stovo works, asbestos factory, Ship building plant, Veneer and excelsior plant, Flour mill, planing mill, Box factory, and others, Moro industries coming. St. Johns is the place for YOU, ' Perrine and Parks Editor St. Johns Review: We are surely living in the "machine aire." I hnrdlv know how tn y. plain myself.sol will begin thus ly: A few weeks ngo we had a series of mass meetings on the park question. It resulted in the selection of four nark altos. Thursday ovonincr. January 1fi In the second mooting hold Mm tho third number of tho Lvppntn Jaeger tract was suggested ns Course was given by D. Ernest n Rood site, it containing moro Randall, who took tho place of and also higher ground than the Bowman. Although thin num. Cnnles tract, and about S2.nnn' ber was not scheduled, the Ath- cheaper. It was not much more; THE LIBRARY Interesting Notes for the Library Patrons Boosted St. Johns Editor St. Johns Review: In your issue of January 16th was published a list of subjects dis cussed at the Factories Promo tion congress. All of the pa pers were of high class, several of them being by professors of the O. A. C. As the Board of Governors requested mo to attend in the interest of St. Johns, I did all possible to paint our city COUNCIL MEETS letic Association was verv fnrt. unate in securing Mr. Randall's services. During the discourse Mr. Randall proved himself somewhat of a humorist as well as an artist of ability, and ho entertained his audience in :m agreeable manner. Among his than suggested when Mr. A. VV. Davis, who was agent for said tract, arose and told us that we need not consider the Jaeger tract further, for "it had been withdrawn." So we dropped tho Jaeger tract At the third meeting wo selected the Cntlin. Library hours: Afternoon-12 to 5:30. Evening 7 to !). Sunday- 2:30 to 5:30 for read- as it is. tho first in Oregon. Thn i i..i - . . . r resolution committee, oi which 1 most interesting drawings wero Cook, Copies and Stearns tracts, copies from the world known pictures, "The Angelus" and Hoffman's Chr st" H a oriiri- nal pictures were pleasing, espe cially "Tho Old Swimming Hole." '1 ho remaining numbers of the Course are scheduled as follows: Floyds. Feb. 21: Dr. Green, Mar. 0; Chapin, Mar. 27. Last Saturday evening, Janu ary 7, tho boys' basket ball team of the J. J. H. S. played tho Sellwood Y. M. C. A. team on I their floor. Our boys, although greatly outweighed and outplay ed, managed to ring un a score of 10 to Sellwood'a 70. Tho student body of J. J. H. S. enjoyed a special treat Friday morning when they attended the last rehearsal ofj the Port land Symphony Orchestra at tho Hcilig Theatre. Tho close at tention which was manifested throughout the concert and the interest shown indicated that the music was very much appre ciated. Tlio favor, we under- stand, was extended to us thru tho kindness of Mrs. B. E. Tait II. T J 1 s trie jaeger tract, not noing con sidered. At Hub meeting we elected Prof. Boyd as a commit tee ol one to report our actions to tho city council ono week from tho next Tuesday night. in tho meantime the atmos phere cleared in the council's mind, and they took action im mediately, slapping us of the mass meotinir. a so Prof. Bovtl. in tho face; did not wnit for this committee to report, told the people of St. Johns wo could have two parks, and at the last council meeting cut the Catlin tract in two; also considered the C'nplcs tract all right. Now this now ing only. Story Hour. more will be a story hour at the library at 3 o'clock Saturday afternoon, Janunry 23, for the little children, including the first lour grades. Miss Stevens, pr n Matters of Importance Receive Attention In the absence of Mayor Bred-' eson at Tuctdny evening's ses sion of the city council, Presi dent of the Council Wnldref presided in fine style. All other was an honored member and j members wero present. chairman, presented tho follow ing resolutions, which were unanimously adopted: That we believe legislation has gone too far in the regulation of cipnlof the North School, will business industries and corpora- mum, mm inu nine nas come to call a halt in attacks on legiti mate industry and capital. That the neonlo of Ot-nirnti should not only support all es tablished industries, but hIiohIi give their henrty moral and fi nancial assistance to all indus tries that are undertaken in Or egon. MII...1 ... iiiia wo recommend tno or ganization of a State bureau of industries and statist cs to col- tell the stories this wook. io member to be in your seals by 3 O CIOCK. Psychology Club. Ladies who would bo Interest ed in organizing a Psychology oiuu in at. joiins are requested to meet in tho library auditorium at 2:30 on the afternoon of Tues day, Jan. 27. The first course of study taken up will be "The Mind: Our thinking and its eiiecton our daily life." The leader win ho Mru nnmi p v arris. Contagious Diseases. 1 hose having or having had cases of contagious diseases in tno house aro requested not to return any books to tho A communication from C C. Woodhouse stated that ho would bo unable to fix a definite price on his quarter block of land at the corner of Philadelphia street and Willamette boulevard until he had conferred with some of his real estate friends. Tho council asked for the price as a possibility existed that it might be included in the nark budget to be submitted to the voters at the primary election in March. A remonstrance against the assessment of tho Central ave nue improvement was rejected on account of not being we founded. a. ii. i.ong discussed the no- lect reliable information about cessitv nnd advisability of 11 f'lt'O factories, pay rolls, and products engine in St. Johns with the council, in which he advised the of Oregon. that better mora and hutna trial commons aro noss bio nnlv when wo insure bettor markets lor the products of the soil and library. is tho park Situation as it V11""1.0 Icas contagious diseases moro employment for the bread stands. All this time I "? books may bo returned after wmnors of our commonwealth. havo been wondering if Jaeger l,cinff thoroughly fumigated, or That wo heartily endorse tho would sell their ground. So ,nnv, returned carefully wrap- grand work of industrial educa- January the loth I went and Hnw Mr. Jaeger, told him tho situa tion, and tho following is the result. Now LOOK FOR THE MACHINE, you voters of St. Johns. work? Portland. ped in paper to bo fumigated at tno library, in the case of the following diseases, hownvnr. thn books must be destroyed at the homo: bmnllpox. scar ct fever. and the James John High School 1914 To Whom it May Concern: tho United States is $125,000, 000,000. Therefore, it is clear that we must have asset curren cy secured by property. Being confronted with this condition and wishing to con tinue its business of loaning the credit of the people rather than real money, the money power has called for legal authority to establish a central bank, which the plan of the Government to issue asset currency to the nub lie. based upon good asset secu nty. is all right: and in so far as thts asset currency shall be issued upon personal notes, it is proper that the Government should provide, as in the Glass- Owen bill, thatits treasury notes shall be loaned to the public for individual notes, through the bank shall have power to indorse banks, requiring the banks to the notes of citizens held by it and deposit same with the Gov ernment and secure from the Government a new issue of treasury notes therefor. That secure the Government by their indorsement of the notes. But as to that portion of the asset currency to be. issued which shall be required by the farmers was the Aldrich plan of creating who have good real estate secu more money. The Glass-Owen bill, which soon will become a law, follows that identical plan, exceDt that it divides un the banking profits into 12 regional reserve districts, thereby dis- rity to oner there is every rea son why the loans should be made direct and not through the banks. The farmers have bor rowed $8,000,000,000, and they pay an annual interest as here tributing the profits of the cred- tofore stated, of $500,000,000. it business into the several M-his interest represents a sum parts of the eountry. The Glasa-1 of money which will go to the wishes to express its duo thanks to her and to tho Orchestra. Tho.gamo of. basket ball which wo had schodu cd at Forest Grove for this week was called off by that school. Thov have evidently becomu alarmed by the exnggoratcd newspaper reports of the epidemic of chicken pox which is visiting St. Johns. Tho girls of tho Hink Klotawn Club received n summons last week to appear ut tho hich school on Saturday ovcninir. Obeying the command, they were met at tho door by a ghost ly presenco whoso mysterious words and rites marked tho first stage in the initiation of tho can didate. Then, after overcoming various obstacles and passing a number of tests, they were pronounced worthy Klatawns. Finally, after a hike over hill and dale, past stream and forest, they arrived footsoro and wearv in tho furnaco room. Tho onen door of the furnaco showing the glowing fire, proved a splendid lirepiaco. Wc n cs wero roast- ed, and story telling made the rest of tho evening pass all too quickly. Tho Rhetor ca Soc otv w enjoy another program and social meeting next Friday ovonincr. T nn m junuary a. rne program as Will you stand for such ?')lnal, "jenjngitis. diptheria. tu UVI bUIUaiD. IIIUIIILIIU iiunii VH1H. K. C. Couch has nroHontorl tlio library with a I no nhvllndon i - i z r urum plant, measuring in height. Oregon. Jan. lGth, Since wo havo several times been asked whether wo had withdrawn our SoTdlnSt Johns proporty from tho offer made to be. Johns for park puqioscs, and inu lumum lurmicu wiinumwni, wo beg to state that at no time have we authorized its with, drawal nor given any ono to un derstand in any that wo had tion now carried on at tho Ore on Agricultural College and U. . hxperiment Station located at torvallis, and the thanks of this UongrosH are duo to Dean J. A. Boxell of the Department of wommerco and to all tho mem bers of tho fncultv who Imvn nu 88isted on tho nrou-mms of tlifs five foot Factory Promotion Congress. I nu.... ti t.. ii... . v. una ii. in inu judgment oi mis Programs of tho 1914 Mothers' Congress to promote industries iftw ir i!!' lt-l..t C?t..t r r . ........ . "Mcotirilrs nro at' tiro" HlmirV fnr -. , -" uistriuution. T lQ collection of Tift Imf (nHIInu III tho library show ennnwi Knnn bo exchanged for another exhib Have you seen it yet? in tho Stato of Oreiron that tho structural stec to ho used in t in construction of the Interstate bridge across tho Columbia at Vancouver should bo fabricated in the Pacific Northwest. mat we urgo greater aiinro it. The Bov Scouts will flnrl u 1ml. IJIIJIk .. . " ------ I -. taken it off tho market We ,etln. ".""N' shelves for thoir Illations for deeponing tho Col- cannot understand why such an Wchu uso at tho loft of the umbln rlvor and tho improve- impression has been given out H,!Jy . 11 11,0 nm,n room- "'entoi tno nnrborsol Oregon Respectfully. Jueiror Investment L iho electric cluster light which t tho extent that ocean-going Co.. by J. P. Jaeger. Pros id out V.10 city council has had installed vessels can tho moro easily and Now I havo this to sav: That (Urecl,v irontof tho library is sateiy carry tho products of Or- announced is to be a "Grand Opera," with an original stag ing of the Trojan War.- Reporter. ii mrs. topics gets ,uuu more for her tract than wo could get tho Jaeger tract for, she could "take care" of several real es tato men and councilmen, who, I understand, hobnob together. I under8Umd that this adjust- ment wns mado in this real es tato office beforo it was known in the council. Surely tho coun cil must think wo of mass moot ing famo are a lot of mutts. J understand tho said Mr. Davis told parties that beforo the park question was settled that there- would bo some juggling. So, Mr. Voter, just watch the game. To those who voted to vote as a unit, stay with it. and 1 am with you; and wo will yet snow tuese highbrows that we want what we want and that wo are a power to be counseled with, but not driven. If just tho amount of land is to bo con sidered in the selection of parks, Jaeger's is cheaper than Mrs. sanies', ii scenery, lresn air and beauty counts at all in this contest, tho Stearns and Catlin tracts havo them all beaten more than a city block, I hope, much appreciated patrons. Now Books: (jowen Out no History of China, from tho earliest times 10 tho recoirn tion of t in rnnn i. I? A TX iic . u., iui;j. I he forces which ruin in I modern Chum nro not for the most part forces which have boon imported from foreign lands. They are the forces which come potent and alivo out of the historic past." 1 ho democratic forces which nave provailod today aro essen tially tho sumo as thonn wlilcli called bhun from his plowing 25 centuries uoiore Uhrlst, or made It 1)0331010 lor nn olinciirn Itml. dhiat priest to found tho dynas- peo- banks if the farmers borrow through the banks. It will go to the Government to tho neo- ple if they borrow direct from the Government: and the sum. as stated, renresents 5 nor vonr to each man, woman and child Pie, that you can see tho "ma in the United States. It is a sum which each year would re build all of the telephone and telegraph lines in the United States three times. This is only a portion or the unearned inter est the money power chine.' Your next move. G. L. PERRINE. by library egon to Oregon ports and to the marKots oi tno world. Hint WO Invito tho commercial organizations of tho State, tho binto press, the railroad corpor ations and all public spirited citizens to cooperate in tho cam- .... t, . i r i , imiKii ior more inni Hirinft. sn auspiciously begun at tho hcs sions ol this Congress. 1 hat tho Factories Promotion Congress extends thanks to the citizens of Corvallisand tho Cor- vailis Commercial Club and members thereof for thn mirlm. siastic and fnondly spirit in which they mot tho delegates ami lor courtesies extended. Committee D. C. Lewis. Lu ther J. Clinnin. Chris Mvlno. The Conirross whh wnll nf f mill. ty of the Mings. cd by manufacturers and factory of $1)113.01 were awarded to tho Harker Tho Ffolliots nf Um. boostors from tho woKt kiiIo nf I PonillHtlln Nntionnl Hiinlr nr mm mn.riey. tho Cascades, ono doloirato heimr ami accrued interest. A nleasantstnrvnf n Innrn ntwl there from Hand Ifivor (V1 I An nrdm.-mro ;issneciiifr Mm jojiy English family. noiieroi balem was presiding cost of improving Central nvo- munstorberg American Pa- pincor oi tho convention, and triotism and other social studies, advertised Oregon mado pro n fh in I.. I nnl . I I. !.. 1 1... fl f I. j i u who itut.-ai.iJi niti ijuokh rroi. wuuruig u huh irom head, to heels of Oregon made wearing material, his clothing being from cloth mado at tho Portland mills, which I made locat- purclmso of a triple combination fire engine, which machine tho council had decided unon several weeks ago. A report of tho Chiof of tho Fire Department was read and accepted. Upon tho engineer s rucom- mendation that tho nronertv affected would stand for the im provement of Mohawk street from Central avenue to Swift boulevard, as petitioned for, it was decided to nrocced with tho improvement in tho manner do. sired by tho property owners. The appointment of Leo Cor many as chiof of tho flro depart ment for the ensuimr year wits confirmed by tho council, tlio appointment being 'mndoby Mayor Brcdeson, in compliance with tho wishes of the lire de partment A communication from the School Board stated that a meet ing of tlio D rectors had been held a few hours previously and it was decided that for a nerind of three weeks only those child ron that wero vaccinated should be allowed to attend school, ow ing to tho prevalence of small pox. A request was also mado that the smallpox reiru at ions bu strictly enforced by tho police. A spritcd discussion over tho smallpox situation in St Johns ensued, in which Dr. Vincent gave evidence of his disbelief in tho efheacy of vaccination, and said that if only vaccinated chil dren should be allowed to go to school that half of those proba bly would bo unable to attend if tho vaccine took effect, and the result would not be satisfactory. Finally, by adoption of resolu tion, it was ordorcd that all schools, churches, theatres, on- tortnmmonts. etc.. bo c bsed for a period of two weeks, begin ning January 22nd. improvement bonds in tho sum tninK a oou t a hundred and six ty-eight billion dollars' worth of business annually, which was the amount of the clearinghouse transactions last year, being is collect- ng annually from the American people, and it can be saved to done on $3,500,000,000 of actuid ,teJ 8r8i" ,p 0 p')M . U,'nf the people by the passage of mv casha littln rwnr i nnr pnnf nf ,n,'i . uuili),t, I1U3 VlnllCU gmlmilhml o.oof nnn.... 1,111 ll.. 1 : 1.-5 i . i ,i iOIStOV SCVera timOS! innWf "O.'.. ntravy mi t wiajr UIH. UUSlllCSb UUlIltf CUBU and Hie Munsterbercr in his alwuvH c.'isi- and entertaining manner dis cusses such topics as Co-education, The case of tho ronortnr. Tho German woman, Psychology clear to tho Congress was anu me wavy. eu at at. jonns. bteiner Tolstoy, tho man and his message. By the ever nonulnr author of "On tho Trail of the Immi grant." Tho Mediator, ntn. nr. Steiner. who occupies the pro- fnutintiDhfti nF ...... 1 .1 S" . 1 I). C. LEWIS. Building Permits We have only $1,750,000,000 of gold in the United States. The people have on deposit in the banks $1,700,000,000. If they go tomorrow to the banks and demand their money in gold, the banks, with every penny of iro d in existence in the United States, rest credit, me farmers now have borrowed eight billion at 8 per cent interest, and there are only three billion, five hundred million in the United States. My God, Mr. Chairman, are there any gentlemen here who are so dense that they will not lolstoy severa times; i ndpi'd lived with him for some months and writes understanding. nuo between Buchanan and Joint streets was passed. Tho engineer's nrofilo. nlana and specifications for construc tion of the South St. Johns sew er system wero submitted and accepted. P. G. Gilmore, representing the fire department, stated that unless something was done at the present mooting of tho coun cil toward securing some method of conveying apparatus to fires that tho company would dissolve without further ado. Unon mo tion of Alderman Martin, Act ing Mayor Waldref appointed I- iro Chief Cormany and Alder man Martin to act as a commit tee in securing a team of horses could only pay 10 cents on the understand that the money pow dollar. The nroner basis for nr. hv tho nnrrnl nf pmaU ia money is to make so many grains lending something to tho people have agricultural asset currency. Europe, and 1 know that i i, otner countnei aro even moro under control of the money power than this, country will be after the passage of the Glass Owen bill. But to have com plete relief we ought also to No. 2 To T. Scales to mw-f. n dwelling on Allegheny street be tween Fessenden and Seneca streets; cost $400. No. a To J. B. Fletcher to .l...llt in i uiuut u uwoiunir on lvior Htrnnr. i . .... .inru.,, ii.l r "7 "MV 'vuy ui.iuwiuua wnuu 4U otivcb anu occasion artsna. l i wmii i ...... . . . . , f ) r r ... . , ikjiniwi uvunuu; tuai $izuu, ino. 4 -to A. M. Kutzkey to erect a dwelling on Jersey street between Catlin and St. Johns avenue for Ludwig Shalin; cost $1500. of fine gold the standard of val ue and then to to maintain all our other currency at a parity with that amount of gold by se- uring it with nronertv. We only have a total of three billions five hundred millions of actual money, whereas we have one hundred and twentv-five billions of assets. It is ridiculous to that it does not onw itself? It isphysicially impossible for it to own that much cash, and it does not own tho credit. The Glass Owen bill, even without my ag ricultural asset currency bill as a trailer, will provide the best system of currency that any country in the world has. I have visited the other countries of Continued next week. Happy and luckv is tho mnn who has lived near enough to the "Golden Rule" in his busi ndss to discover that it has one whole side for the other fellow. Bring your watch repairing to S. W. Rogers. 309 N. Jersov street. adv. A very pleasant social party was given at tho homo of Miss Laura Avy, 014 New York street, last Saturday evening. The tirno was spent in a most enjoy abo manner by tho young people present. Pleasing and inviting refreshments mado up part of tho ovening's entertainment Not tiw labtl en your papr, Tho following bills wero al lowed and ordered naid: J. Hahn, removing rock on Craw ford street. $200: Geo. Skaar. street work, $15; Bert Olin, dit to, $i&; Pacific Banker, adver Using, $10.75. Total, $240.75. The water rate case beforo tho Railway Commission has not yet reached final decision. It is tho intention of tho Review to pub lish tho report of tho Railway Commission's engineers in full at a later date, which will givo our citizens a moro complete, un derstanding of tho water situation.