THE BANNER-COURIER, OREGON CITY, OREGON, THURSDAY, FEBRUARY 9, 1922.
Page Four
THE BANNER COURIER
The Clackamas County Banner and the Oregon City Courier, Consolidated
July 8th, 1919, and Published by the Clackamas County Banner Publishing
Company, Incorporated.
F. J. TOOZE. Editor
Published Thursdays from the Banner Building at Ninth and Main Streets
and Entered in the Postotfice at Oregon City, Oregon as Second Class Mail
Matter. .
Subscription Price, $1.50 per year in advance. Telephone 417
MEMBER OF WILLAMETTE VALLEY EDITORIAL ASSOCIATION
MEMBER OF OREGON STATE EDITORIAL ASSOCIATION
Official Paper of City of Oregon City
"Flag of the free heatrs' hope and
home!
By Angels' hands to valor given;
Thy stars have lit the welkin dome,
And all thy hues were born in
Heaven.
Forever float that standard shet!
Where breathes the foe but falls be
fore us.
With Freedom's soil beneath our feet,
And Freedom's banner streaming
o'er us."
JOSEPH DRAKE.
GOVERNMENT SECURITIES
The Secretary of the United States treasury advo
cates a constitutional amendment which will prohibit fur
ther issuance of tax exempt securities.
Such an amendment would have a tendency to cur
tail extravagance in states and municipalities. For with
the non-taxable securities offered at a low rate of inter
est, it looks easy to plunge into debt and pay out. The
Plunge Is easy the Pay-out Is Different.
The rate of interest on bonds and other general mu
nicipal and state forms of indebtedness would probably
go higher and thus offer additional restraint on incurring
debts.
And again with less government securities making a
bid for investment free from taxes money now put into
these securities might go into channels of trade and in
dustry. As it now is the man who takes no more interest
in his community than to get what he can from it, and
who wants no responsibility, and wants to escape taxes
invests in non-taxable securities. This creates no labor,
builds up no community and gives no man a job.
Away with non-taxable securities, and make is as
impossible for any man to escape taxation on his accumu
lation as it is impossible upon the invested capital of the
industries. The man or men who invest their money in
industrial enterprises are taxed in every conceivable man
'ner on their investment.
And it is this investment taxed oftimes to the limit,
which makes it possible for those who put their money
into non-taxblsle bonds and securities to accumulate this
very money on which they manage to pay no taxes.
Hundreds of thousands of dollars of money which
should be in industrial and business enterprises in Clack
amas county are invested in non-assessable bonds and oth
.rsecurities thus escaping taxation needed in community
dvelbpTiieritr'MeanWhiie the'larms 'and the industries
are taxed to point of confiscation to replenish the prod4
igal public purse.
In emergency, only should securities be encouraged.
It is a reassurance that wrong doing is not yet entirely
safe for the wrong doer no matter what his wealth or so
cial standing.
And with such progress toward conviction as was
shown by this jury over the first, it may be weh for the
defense to not press for a third trial.
A FORWARD STEP
The only permanent solution for the railroad prob
lems now confronting the public is to include a 'fair rate
of profit on investment. '1 his is the ratio principle which
must be applied to every industrial subject if it is to en
dure and lurnsh service and employment to others.
This same principle applies to the farm ana the- fac
tory. There is enough profit that is fair and equitable
made, but selfishness and power piles it up in iavored
places while some industries toil and starve while this
process is going on.
With all our boards, commissions, inspectors, super
visors, organizations and directors we see some funda
mental, helpful enterprises as agriculture for examples
struggle on at a loss while the brotherhoods, the rail of
ficials and others still demand war time wages. And in
consequence exorbitant freight rates which help to hold
back the produce of the country from the markets of the
world where there is imperative need for these essen
tials of life still holds. Hence the farm suffers, the farm
er is discouraged, production is halted, the consumer is
hard hit and prosperity generally hindered.
The public should insist on the labor board and the
interstate commerce commission adjusting wages and its
complement rates on the country's great steel thorough
fares. This is the first forward step on the way to better
business and industrial conditions.
Trials Come Thick -
And Fast To W. Bennet
W. Bennett, of Bennet Barber shop
fame, .was given the liberty of the
city jail Sunday night after being ar
rested by Policeman Hemmingway and
Titus, for being drunk.
The action of the officers was not
to his liking and the whole affair
was over his vigorous protest. He
celebrated the event by yells of der
cided calibre by tearing down the
stove.and by disfiguring the dainty
walls of the city bastile.
The next day he was presented to
the city recorder wtih whom he post
ed $75 to alure him back to his trial
set for Wednesday. But no sooner
had he been set free than Constable
Fortune re-arrested him, charging him
with possessing intoxicating liquor
and Judge Noble set his trial for
Thursday. Two trials in one day
would have been too much and then
some more.
Subsequently the said W. Bennett
plead guilty and paid to the city $75.
Judge Noble assessed him $25 and 90
days in the county jail Wow, Wow-ee
Wow! ! !
He was then paroled with the in
formation that if again found drunk
into the county bastile he will go.
And some folks say that prohibition
does not prohibit.
OF
commerces
A local contemporary boasts of a
Little Want Ad which carried in its
classified columns brought assurance
of a "basket full of replies, etc., etc.,
etc." Congratulations, brother, but
why continue the same ad in the same
place after the1 basket full The rest
o 'em will spill over and the patrons
sustain the loss.
Lincoln's Perseverance
and Economy
helped him to acquire a liberal knowl
edge of law, and steadily rose in public
esteem.
An account with the Bank of Com
merce will help you persevere and prac
tice prudent economy.
Four Per Cent Interest Paid on Sav
ing,0, Accounts.
M ''members-sot
CTfederal reserve
BkftkSYSTEMata
Bank of Commerce
Oregon City, Ore .
THOS FRYAN Patsioem DnHUGH S MOUNTvice pres JOHN R HUMPH RYS cashier
K E.BAUERSFELD. Asst Cashes
Owned, managed and controlled
by clackamas county people
REALTY TRANSFERS j!
Weekly Record of Property
Changes Compiled From County
Recorder's Office. List Includes
Transfers up to Each Wednesday
REASSURING
Arbuckle is due for another trial. The jury on the
second trial disagreed, 10 for conviction and 2 for acquit
tal. The first trial jury stood 2 for conviction and 10 for
acquittal.
The jury no doubt sensed the wavering of witnesses,
the lavish use of money, and the consummate bluff of the
defendant as indicative of an attmpt to subvert justice.
Their verdict is encouraging. It indicates condemnation
of the vulgar law defying setting in which Virginia Rappe
was injured and from which injury the state claims she
died.
The drunken debauch, defying law and decency
ought to brand the accused as loathsome to society while
the dead girl haunts the public mind with the attendant
circumstances of her fatal injuries. The jury could not
escape the psychological effect of it all. And the verdict
increases respect for the jury system, the law and courts.
When cJMaking A Lifelong Friend
YOU LOOK FOR CERTAIN QUALITIES OF
CHARACTER AND STABILITY
In selecting a bank that can help your busi
ness development it is equally important to
use the same good judgment.
The Bank of Oregon City possesses to a marked degree
characteristics that are well worth considering. Whether
you intend to open a Savings or Checking Account, this
bank's friendly attitude toward its patrons, its modern
facilities and ability to serve you effectively are factors
which should influence your final choice.
Estacada State Bank to Thomas
Yocum,
Estacada State Bank to Lloyd M.
Yocum,
lots 13, 14, 15, 16, block 5, Estacada.
Aurie M.and J. W. Draper to J. W.
Draper, Jr., lot 6, block 17, Bolton.
Edward J. and Lottie J. Warnick,
to James A. and Julia A. Grady, blk.
3, Lake View Villas.
Alma C. Brownell to M. M. and
Pearl K. Chandler: Lots 7 and 8, block
5, Miiwaukie Park, Oregon.
Jay A. and Edna Smith to E. M.
Magan : Lots 6 and 7, block 106, Ore
gon City.
Gladstone Real Estate Assn. to Joe
and Echo L. McMahone: Lot 16, Blk.
74, Gladstone.
S. Augusta to L. Adams: Lot 3,
Blk. 28, County Add. to Oregon City.
Annie Bogdan to Frank Bagdan:
Lot 18, Blk. 13, Pleasafi,f Hill Add.
-t Oregon-ity.
E. M. and H. J. Fagan to Sophia
Evans Phillips: Lots 6 and 7, Bik. 106,
Oregon City.
T. R. A. and J. M. B. Sellwood to
John and Gertrude Simpson: Lot 20,
Blk. 1, Quihcy Add. to Miiwaukie.
John and Gertrude Simpson to Wm.
H. Carroll: Lot 20, Blk. 1, Quincy
Add. to Miiwaukie.
Geo. J. and Reva B. Case to Frank
and Bertha Dickens: Lot 1, Blk. 13,
Metzler and Hart's Add. to Molalla.
First National Bank of Miiwaukie
to Mina Carpenter: Lot 33 and 34,
Blk. 44. Minthorn.
Calvin P. and Louis D. Morse to
C. D. and Marie Atchley: Blk. 3, First
Add. to Jennings Lodge.
T. R. G. and J. M. B. Sellwood to
Fred C. and Myrtle E. Wendland:
Blk. 23, Quincy Add. to Miiwaukie.
W. R. and Mary A. Douglas to
Claire G. and Nelson S. Morris: Lots
11 and 12-, Blk. 23, Miiwaukie Park.
G. E. and Halo N. Miller to Ber
tha. C. and Gertrude E. King: Lot 14,
Blk. 38. Gladstone, Ore.
Oregon Iron & Steel Co. to Mrs.
A. E. Gardner,
Oregon Iron & Steel Co. to Miss B.
Gardner: Blk. 78, Lake View Villas.
W. E. Waterbury to Mildred E. Wat
erbury: Lots 9 and 10, Blk. 33 .O C.
Land Co.'s Add. to Oswego.
iThe Hub Grocery!
ON THE HILL
You will soon want to
start House Cleaning 1
this nice weather, and
you will take a loo kat
the old broom and find
that it looks rather
shabby after the wint
er's use.
Our Brooms
made by
are
The Bank of Oregon City
Oldest Bank in Clackamas County
ZAN BROTHERS
Portland, Ore., and are
the Best Obtainable.
The Hub Grocery
Values
Unsuroassed.
Spring Styles For Men and Young Men
Offering
An Excep
tional Opportunity
For
Substantial
Savings
IX TO
J-k m
W n f
. wfc
HE splendid collection of Men's and Young Men's
Spring and Summer Suits awaiting your selection em
braces the newest, smartest styles, patterns and colors
that will be shown this season.
If it were possible to assemble a finer
line of Men's and Young Men's Suits or
more remarkable values than the ones
we have to offer you, you can be assured
that this J. C. Penney Co. store would
have them.
Buying in tremendous quantities for our 312 stores enables
us to go direct to the large clothing manufacturers and obtain
concessions seldom if ever equalled by other retail merchants
This makes it possible for us to offer our customers res'
quality and style at exceptionally low prices.
For Young Men
At the above prices we are showing Young Men's Spring and Summer
Suits in all-wool tweeds, cassimeres and unfinished worsteds both in
single and bouble oreasted styles, together with the smart new Sport
effects so much in demand by well dressed young men. In the single
breasted styles we have a splendid variety of broken checks in brown,
blue, gray and tan effects the double breasted styles come in plain brown,
gray, blue and tan' with neat pin stripes, also Glenarken plaids in gray
and brown. The Sport Suits are made with three-quarter loose belt,
patch pockets and backs with inverted pleats; all the new Spring colors
and patterns.
Included are Blue Serge Suits for young men, in plain single and two
button double breasted styles.
For Men
For Men we have the more modest staple colors of gray and brotn
mixed all-wool worsted cloth and all-wool serges in plain gray and blu
made in the two-button semi-conservative and three-button staple styi,
with the thought of real service always uppermost.
We stand squarely behind bur claim that there ! tb
utmost for the dollar in our clothing and an investiga
tion of the values we are offering will substantia tui
claim.
our
POLICY! i
ONE
PRICE
TO
EVERY- .
BODY
524 - 526 MAIN STREET
Pfl ! 4 ii tl -
II JU i L f !
tlncorbomted
312 DEPARTMENT.STORES
OUR
POLICY:
, ONE
PRICE
TO
1 EVERY
' BODY
OREGON CITY I
. till
L-'M E M BE . I
FEDERAL RESEBYF
7th and Center
iniiniinin 1
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