OREGON CITY COURIER FRIDAY, OCTOBER 9, 1908
,., Security Electt Officers.
Willamette Council, Knights and La
dles of Security, met Monday night In
Woodmen's Hall, and elected the fol
lowing officers: President, W. (J.
Green; vice-president, J. Bridges,- sec
ond vice-president, Roy Woodward;
, Prelate, Mrs. L. Wyman; seciotary,
, Mrs. M. P. Chapman; financier. Mrs.
Jennie . Boyles; conductor, Mib. Paul-
: le Schwartz; Inside guard, Mrs. V.
, Donovan; musician, Miss Maude
Woodward. These officer will be In
stalled at the meeting on October 19.
Miss Effle Grace, a teacher at the
Stafford school, visited Oregon City
friends Saturday and Sunday.
- SEMI-ANNUAL STATEMENT
of the County Treasurer of Clackamas County, Oregon, for the six months
ending on the 30th day of September, 1908, of money received and paid out,
from whom received and from what source, and on what account paid out.
Special School Fund.
Received from 1907 Taxes
Received from Compromise taxes ...
Received from Back taxes
Received from School Clerk for error
Balance on hand
Special
Amount on hand last report
Received from tax of 1907
Received from back taxes
Paid out on account special city funds
Balance on hand
General Fund.
Amount on hand last report
Amount received from 1907 taxes
Amount received from Compromise taxes
Amount received from Back taxes
Amount received from Liquor and Ferry licenses
Amount received to correct error
Amount received from County Clerk, fees
Amount received from Recorder, fees
Amount received from Sheriff, fees '
Amount received from Fines
Amount paid out on county warrants
Balance on hand
County
Balance on hand last report ,
Received from tax 1907
Received from Compromise tax
Received from Back taxes
'
Paid out on County School funds
Balance on hand
Amount on hand last report
Received from 1907 taxes
Received from Compromise tax
Received from Back taxes
Received from U. S. Land Sales
Received from Junk Sales
Received from Transferred from General Fund
Amount paid out on road warrants
State School Fund.
7 ''!!;" i V - ' -
Amount paid out
Balance on hand ..
Institute
Amount on hand lastreport , .
Received from certificate fees'.
Amount paid out .
Balance on hand
Indigent
Amount on hand last report
Received .'i.i..-
Amount paid out o
Balance on hand $ -98
I, J. C. PADDOCK, do hereby certify that the foregoing Is a true and
correct statement of the amounts received, paid out and remaining on hand,
in the County Treasury of said Clackamas County for the six months end
ing with the 30th day of September, 1908.
Witness my hand this 30th day of September, 1908.
J. C. PADDOCK,
County Treasurer.
SEMI-ANNUAL REPORT
of the County Clerk of Clackamas
County, Oregon, showing amount of
claims allowed by the County Clerk
for what allowed, amount of warrants
drawn and amount of warrens out
standing and unpaid on the 30th day
of September, 1908.
What account drawn. Amoun:.
County Court and Commis
sioners $ 1004.90
Circuit Court 2,566.15
JuBtice Courts . 631.15
Sheriff 1,325.33
County Clerk 1,597.40
Recorder 1,786.82
Treasurer 691.98
Coroner 199.45
Supt. of Schools 746.83
Assessor . .' ,3,331.67
Tax Department 468.38
Tax Rebate 222.77
Current Expense 465.56
Court house expense 1,504.22
Jail , , 635.37
County Poor 2,119.48
Indigent Soldier 90.00
Insane Committments 178.14
Elections 5,132.98
Printing and Advertsing ... 1,209.83
Damages 190.00
STATE OF OREGON,
County of Clackamas, ss.
Following report of the moneys col
lected and turned over to the Treas
urer of Clackamas County by the
Sheriff, for the six months ending
September 30th, 1908:
April .
1907 tax ?16,644.34
Back tax 104.19
Fees 14.90
Compromise tax 26.50
Total . $16,789.93
May.
1907 tax
Fees
...$ 3,151.79
15.20
Total $ 3,166.99
June.
'1907 tax $ 1,030.10
Back tax 158.85
, Total $ 1,188.95
SEMI-ANNUAL SUMMARY. STATE
. MENT
of the financial condition of Clacka
mas County, Oregon, on the 30th day
of September, 1908.
Liabilities.
To warrants drawn on the
County Treasurer, out
standing and unpaid $ 6,221.62
Interest accrued thereon 75.00
Road Warrants drawn, out
standing and unpaid 130,005.17
Interest accrued thereon
Rush for niss Goodtellow.
MissMargaret Goodfellow was sur
prised at the family residence on op
per Eighth street last Wednesday
night by a "fruit rush" given by a
Dumber of members of the United
Artisans. The affair, which was de
cidedly novel, was very successful,
and Jollity reigned supreme till a late
bonr. Those present at the rush were
Mesdames B. F. Linn, E. H. Uooper,
E. Ii. Thomas, J. E. Montgomery,
G F. Anderson, Clarence Brunei-,
Mary Freeman, Mary Harvey, Frank
Donovan and W. 0. , Green; Misses
Kosa Marrs and Montgomery. J.
..$ 15,773.73
3,575.75
718
49.91,
20.00
$ 19,426.57
. . 16,737.80
2,688.77
$ 19,426.57
.. 1,052.57
1,321.65
18.39
$ 2,392.61
1,862.73
529.88
City Fund.
t
2,392.61
41,638.92
9,722.37
12.30
247.67
1,005.00
6.00
2,199.70
3,089.32
68.80
142.25
$ 58,132.33
42,541.95
15,590.38
$ 58,132.33 i
Sohool Fund.
; $ 56,070.01
6,076.41 .
3.10
.158.56
$ 62,308.08
39,426.00
22,882.08
$ 62,308.08
District and Special Road Fund.
$ 33,283.70
7,451.42
7.36
163.81
1,344.30
6.00
10,000.00
$ 62,256,59
. . 37,937.47
.. 14,319.12
$ 62,256,59
..$ 236.55
. . 14,076.80
, $. 14,313.35
!'$ 14,313.35
..$ .187.37
. . 125.00
$ 312.37
...$ 312.37
.$ .98
. s
Fund.
Soldier Fund.
Surveys
Board of Health
Fruit Inspector
1,063.65
334.25
63.00
Total General Fund $27,559.11
Road Warrants issued .... 73,169.61
Total all funds $100,728.72
Amount of warrants outstand
ing (General Fund) ....$ 6,221.62
Estimated interest accrued . . 75.00
Amount of road warrants out-
standing 130,005.17
Estimated interest accrued. 5,000.00
Total $141,301.79
STATE OF OREGON,
County of Clackamas, bs.
I, F. W. Greenman, County Clerk of
Clackamas County, Oregon, do here
by certify that the foregoing state
ment of the amount of claims allow
ed by the County Court for the six
months ending September 30, 1908,
and the amount of warrants outstand
ing and unpaid.
Witness my hand and the seal of the
County Court affixed this 5th day of
October, 1908.
F. W. GREENMAN,
(Seal.) County Clerk.
July.
107 tax $ 2,097.84
Back tax 45.13
Fees .' 26.00
Total $ 2,168.97
August.
1907 tax $ 1,361.58
Back tax 54.55
Compromised tax 3.44
Total $ 1,419.57
September
1907 tax $ 3,761.95
Back tax 28.05
Fees. 7.90
Total $ 3,797.90
The total amount of money turned
over as shown by this report is $28,
532.31. v -
I hereby certify that the above is
correct and true. ' - "
R. B. BEATIE,
Sheriff of Clackamas County, Ore.
(estimated)
, 5,000.00
Total liabilities $141,301.79
Resources.
Funds in hands of Treasur- '
er applicable to payment
of County Warrants $ -15,590.38
Funds in hands of Treasur
er applicable to payment
of road warrants 14,319.12
Net Indebtedness to
balance 111,392.29
$141,301.79
E
Former Secretary Cage and Con
gressman Fowler on the De
posit Guarantee.
) "" 7 ' : :: '
Ha WALSH FAILURE CITED
Clearing Home Action Like Flan Pro
poied by Democrats,
Guard Against Honaat Bankers Suf
fering Runs- Modern System of
Credits Bankbook Should
Be Worth Face Always
' I By John E. Lathrop.
i Lyman J. Gage, former secretary of
the treasury, may be regarded as suf
ficiently "conservative" to obviate
fears that he would be "unsafe" In his
banking views. Before the house com
mittee on banking and currency In
Washington Mr. Gage discussed na
tional finances and particularly the na
tional bank. He Bought an Illustration
of the idea he was expressing, which
In general was in support of the guar
antee plaa. and like many others
found it In the Walsh failure in Chi
cago.' After erolaining how the clearing
house banks took over the assets of
the failed Institution, guaranteed all
depositors, and prevented runs on oth
er banks, Mr. Gage said:
Mr. Gage's Statement.
. "Well, they learned another lesson
and they adopted another principle, a
principle provided for in this (the
F(vwler) bill. By the vote and vol
untary compliance of all the members
of the Clearing House association,
they authorized the clearing house at
any time and at stated periods to act
upon Its own volition and on Its own
aeocunt, and for the information of
the clearing house committee Itself to
have full, complete and comprehensive
Investigation of each member of the
association, and not only of each mem
ber, but of every institution that car
ries the name of bank over it that is
cleared or represented In the clearing
house by any clearing house bank; and
I can tell you as a safe prophecy that
we are at the end of disastrous fail
ure 1n the -city -of Ohlcago by clearing
house banks, since this regime has
come in. I am told that Kansas City
has the same thing, and ether cities
will eventually adopt It"
Representative Fowler, Republican.
Charles N.-. Fowler, Republican, of
New Jersey,, chairman of the house
committee en banking and currency,
appears in the Congressional Record
with a house speech in support of his
bilf which provided for guarantee of
bank deposits. He specially answered
the assertion that such a guarantee
would induce reckless banking, saying:-
- . . . t 'V ' '
"Mr. Chairman, we are occasionally
met with the statement that guarantee
ef deposits would lead to unsound
banking. Can you' ' think of a
banker, because he bad Insured his de
posits, going into the directors' room
and saying: . 'Gentlemen, we have In
sured eur deposits today. Now let oa
proceed to make some rotten loans?1
"Is it not pemlble that it will occur
to those directors that their losses
must come out of their profits, out of
their reserves, out of their capital, and
out of their reputations T Will the)
not realize that they can get nothing
out of the guarantee until the last dol
lar ef their capital, surplus and
profits has been wiped out, and stock
holders have been assessed double the
amount of their stock?
The Bankers' Reputation.
"Until their reputations have been
Injured, If not ruined, and possibly
some of them have been started on the
road to state prison t Can anybody
think that any board of directors of
any bank would be less sollcltious,
anxious and honest and wise after
they had guaranteed deposits than
they were before?
"I assert train, after the most ma
ture deliberation, that if there is one
reason for Insuring life and home,
there are more than a thousand good
reasons mere than ten thousand good
reasons-s-why the depositors of the
banking Institutions of the United
States should be Insured."
Two Valuable Contributions.
These two meu have offered valua
ble contributions to the discusson of
the proposed guarantee of bank de
posts. Mr. Gage has set forth the
present trend of bankers towards a
closer watchfulness over all Institu
tions which accept the people's money
in trust, and has Indicated the exact
means whereby, under a guarantee
law, bankers would do as now they do
maintain an association empowered
to look sharply Into financial concerns
which seem to be departing from
sound methods.
His reference to the John R. Walsh
failure In Chicago was doubtless be
cause It was known to the country
generally, having been given wide pub
licity and therefore most likely to at
tract attention as an illustration. -
Howerer, there Is scarcely a locali
ty wherein bankers in late years have
not gone under toppling banks and up
held them by guaranteeing deposits
wholly or In part, in order to help in
the quelling of popular distrust and
the undermining of confidence in all
banking institutions.
No Delay for Depositors.
It is quite apparent that under
guarantee of deposits there would be
no alteration of conditions affecting
More Than Enough Is Too Much.
To maintain health, a mature man
or woman needs just enough food to
repair the waste and supply energy
and body heat. The habitual con
sumption of more food than is neces
sary for these purposes Is the prime
cause of "stomach troubles, rheuma
tism and disorders of the kidneys. If
troubled with Indigestion, revise your
diet, let reason and not appetite con
trol and take a few doses of Cham
berlain's Stomach and Liver Tablets
and you will soon be all light again.
For sale by Huntley Bros. Co., Oregon
City and Molalla.
EVIDENC
banks' bow, so far as concerns espion
ige maintained by one over another,
rhe important difference, however,
would be that depositors would not be
lubject to the annoying, often disas
trous, delays In getting their money
which now they experience when
banks fail.
But, that fewer failures would oc
cur surely would be one of the re
sults of such a law. Everyone knows
that many runs are precpltated on
banks which are absolutely sound
Many man, faithful, safe, conserva
tive, conscientious In caring for the
money of his depositors, has suffered
runs caused by some rumor started
through malice. Many an honest
banker has bad his heart broken try
senseless ruas, and bas groaned in
spirit as he realized that gross Injus
tice has been done as reward for ear
nest and able keeping of the trust re
posed in him by his depositors.
The Baring Failure.
When a dozen years ago, Baring
Brothers, of London, suspended, It was
due to .that very espionage by other
bankers to which Mr. Gage refers.
The Barings had embarked In many
ked In many I I
ises, some c(
unsafe. 1
Bank of Eng- W
r, refused to f
South American enterprises,
which were manifestly unsafe.
The governors of the Bank
land, sensing the danger,
accept securities backed by them as
basis for the Issuance of bank notes
under the custom of that country: that
action never bas been adversly criti
cized in any country, although It has
been discussed ever since the world
over.
Modern business is conducted on the
tmsis for the issuance of bank notes
tie actual money passes from hand to
hand.
Complications of the System.
This complicates business and forces
all banks to associate themselves in
clearing louses, and probably the pub
lic would be amazed were they to
know at times how sharply the clear
ing house committee looks Into meth
ods employed by its members.
In the panic that began last October,
funds were carried from bank to bank,
taken ostentatiously through the front
doors, that depositors might know that
other bunks believed in the soundness
of the Institution which hod been at
tacked by a run, and performed al
most every essential of the guarantee
system.
Why?
. Simply because the modern business
syBtem is so complicated and so little
actual money passes current that each
bank must know that the others are
properly safeguarding themselves and
also "that they arc permitting the car
rying of accounts by depositors whose
paper may always be depended on as
worth face value.
Beneath the Surface.
So beneath the surface, one could
witness the ' clearing house associa
tions , examining collateral, securities
and assets, and often serving notice
on a given bank that the association
will require some change In metbods
on penalty of refusal longer to clear
for that bsnk. J . ( ' .
Banks Out of the Association.
How about banks not in the associa
tion? Many perfectly sound banks are
not directly in the clearing house.
They dear through another bank
which does belong. ,
. Precisely the same rule applies to
them, for, when need arises, the asso
ciation serves notice on the member
bank which clears for the noa-asse-ciatton
bank as to what will have to
e done; and it is done promptly, too,
in every Instance.
Bank-Book Should Be Worth Face.
The essence of the guarantee plan ii
that a bank book should be worth Its
face always. An entry in a pass book
should not constitute the assumption
of a risk by the depositor and the giv
ing of wide latitude to the banker.
Such entry should be recognized as
just as actual an asset as a bank note.
Also, proper arrangements must be
made for the continued espionage of
banks by other banks.
Lastly, and quite as Important,
banking laws must be enforced: over
certification must be stopped; loaning
of funds In national banks on obvious
ly speculative schemes must cease;
and other reforms must be wrought to
Invest the banking system of-the
country with that complete confidence
which, if Induced would put a stop
to all nerrousness by depositors.
PLANT LICE.
A Prize Formula For Freeing Vegeta
tiort of the Petti.
A government report states that the
Practical Counselor For Fruit and Gar
den Culture of Frankfort recently of
fered a prize for the best method of
destroying plant lice, for which fifty'
eight persons competed. The prize was
awarded to the author of the follow
Ing preparation: Quassia wood, two
and one-balf pounds, to be soaked over
night in ten quarts of water and well
boiled, then strained through a cloth
and placed, with 100 quarts of water.
In a petroleum barrel, with five pounds
of soft soap. The mixture is then
ready for sprinkling on plants infested
with lice. Leaves, even those of peach
trees, will not be Injured In the least
by the solution, which can be kept
covered in the barrel from spring to
fall without deterioration. As soon as
lice appear the leaves should be
sprinkled with the solution. If this
is repeated several times the pests will
disappear.
At the annual meeting of the town of
Peabody, Mass.. the proposition to ap
propriate $o5,000 for remodeling the
municipal electric plant was defeated.
The city clerk of McCook,.. Neb,
writes that the proposition to bond the
city for a municipal electric plant was
defeated,
If taken patiently and perHlstently
will relieve the most obstinate cases
of indigestion, constipation, bad blood,
bad liver no matter how long stand
ing. That's what Hollister's Rocky
Mountain Tea will do. 35c Tea or
Tablets. Huntley Bros. Drug Co.
POLK'S GAZETTEER i
a BtiaineM Itrclorr of ch City.
Town and Vl)ljt In Oregon and
Waahlnftoa. fflvtnf ft crlptlv
ktch ( aach place. Location,
RhloDlnr Faliltlea and ft Claasl-
fied Directory of aaca Buaioeac
and Proreaslon.
JL L. FOLK B CO ine.
BSBBSBBOHflEftaVSSB
W.
L. BLOCK'S FURNITURE
STORE
To enumerate here would require
and that Expense we prefer giving
So by calling at our store Before
will be Convinced.
Ball Mason Fruit
Pints ; - . ,
Quarts
'Half Gallons'
"'.
OPPOSITE SUSPENSION
MARKET REPORT
WHOLESALE QUOTATIONS.
Vegetables, Fruits, Eto.
Potatoes 90c per 100.
Oregon Cabbage, 50c to 90c doz.
Oregon Cauliflower B07Bc doz.
Oregon Onions per 100 $1.10
Fresh onions, 40c per doz.; horserad
ish, 7c lb.
TOMATOES 35c box of 20 lbs.
SWEET POTATOES 2 c lb.
CANTALUPES $1.00 crate.
WATERMELON $1.25 cwt.
GREEN BEANS 3c lb.
YELLOW WAX BEANS 3c lb
Butter and Eggs.
BUTTER Ranch, 50C9c; cream
ery, CCc roll.
EGGS 26 to 27 c doz.
HONEY 12c frame.
HONEY Strained, 7c to 9c lb.
HONEY White, in frames, 13c ea.
Fresh Fruits.
APPLES 30c50c box.
GRAVENSTEINS 50G0c
PEARS 50c box.
PEACHES C05o. .
GRAPES 90c(& $1.00 crate Of four
baskets.
PRUNES 1 c lb.
DAWSON PEARS lV4c lb.
Dried bruits.
DRIED APPLES Quartered, sun
dried, 6c; evaporated, 6c; prunes, 7c.
Grain. Flour and Feed.
WHEAT 90c,
OATS No. 1, white $25.00; $1.2u
per hundred. Gray oats $27.00.
FLOUR Pat. hard wheat $5.00; val
ley Hour, $4.40; graham, $4.40; whols
wheat; $4.40. '
MII.I.STIIFF8 Bran $28.25; mid-
dllngs, $39; Bhorts, $30.25;. hay $8
$15.
HAY Valley timothy, No. 1, $15
per ton; cheat, $8.00.
Live Stock.
STEERS $4.00 $4.25.
HEIFERS $3.76 $4.00.
COWS $3.50. ,
LAMBS $3.65 $4.45.
HOGS $5.60.
Poultry.
OLD HENS 10 cents per pound,
young roosters 12c; old roosters,
8c; mixed chickens 10c; spring chick
ens (frys) 12ftc.
DUCKS Be.
Dratted Mots.
FRESH MEAT Hogs 7c7c
per lb; veal 78c; mutton 67c;
lamb, spring, 89c lb.
HAMS 14c; bacon 16c.
II
AT
i THIS IS A
GENU NE SACRIFICE
Eveytfiing TO MAKE
in Stock ROOM for
Reduced! Our HOLI
DAY Stock
which is arriving daily.
Special Mention
Jars
r 60c per doz
70c per doz
95c per doz
AS LONG AS THEY LAST
.i:.- . :.;..! 'J - i. ', II i r'. i.U! : .'i'Jt . '
BRIDGE
FUNERAL OF MRS. 8CHURERE.
Butteville, Ore., Oct. 6, 1908.
The funeral of the late Mrs. Mary
Osborne Schurere, wife of W. Riley
Schurere, of this place, was held yes
terday in the Congregational churcl1
at 2 p. m., Interment In the Butteville
cemetery at 3:30 p. m., conducted by
a minister of the same church of
Woodburn, assisted by the choir, of
which Mrs. Schurere was a merabji
and wrb one of the largest funerals
ever held here. Mrs. Schurer was
born in England, Aug. 6, 1858, and died
at her home here Oct.) 4, 1908, where
she had resided for the past ten
years. She leaves a husband and two
step-sons, Fred and John Schurere of
Portland, a brother In Michigan and
another, D. M. Osborn, of London,
England.
Fifty Years a Blacksmith.
Samuel R. Worloy of Hlxburg,, Va.,
has been shoeing horses for more than
fifty years. He says: "Chamberlain's
Pain Balm has given me great relief
from lame back and rheumltlsm. It
Is the best liniment I ever used." For
sale by Huntley Bros. Co., Oregon City
and Molalla, .
Where The Danger
I iac i i& neglecting a cold "hen
LlCo yOU hav once contracted
it. If you get a supply of our Syrup
of White Pine and Tar and cure the
cold quickly, yon will have the
ounce of Jprevention on hand that
will save you from grip, pneumonia
and plurisy. . . .
Jones Drug Co.
Main St, Near Suspension Bridge
OREGON CITY
BLOCK'S
i g
B1SI1I1
SALE
too much space
to Our Patrons
Purchasing you
' Economy Fruit Jars .
Pints - - 90c per doz ;i
Quarts -..."'..'' $1.10 per doz
Half Gallons . . . , 1.40 per doz '
, OKECON CITY - OREGON
A GOOD COOK
knows the value of a high
grade Flavoring Extract.
She knows that the rich
ness of the flavor in cakes
or cream, or custards, or
puddings, depends upon the
Quality
and not the QUANTITY
of Flavoring Extract used,
which is the reason why so
many good cooks insist up
on having
VAN DUZER'S
EXTRACTS.
We have just received from
the Van Duzer Extract Co.
a number of large trial bot
tles of their choicest Van
illa Extract. We are anx
ious to give them only to
those who wish a very ex
quisite Vanilla flavor. Ask
and we will gladly give you
one of these bottles FREE.
SEELEYS'
"The People Store"
ORJCCON CITY ORCCON