OREGON CITY, ENTERPRISE. FRIDAY, MAY 26, 1 922.
Page two
NEWS FROM ALL OVER THE COUNTY
Correspondence From All Over the County Tellinig of Improvements and Local Happenings During
The Past Week Your Subscripton Will Receive Prompt Attention. . .
Lady Live Wires
Are Entertained
REDLAXD, June 1. Lester and
Lulu Jensen came out from Portland
Wednesday and spent Thursday with
the home folks.
Mrs. Everet McDonald and daugh
ter Janet and Mrs. W. ,N. Hulse Sr. of
Portland spent Thursday at the Mur
ray and Nevill ranch.
On Thursday the Ladies Live Wires
were delightfully entertained at the
W. II. Bonney home w ith Mrs. Bonney
and daughter Miss Jessie as hostess
es. The afternoon was spent in
needlework and after the buiness meet
ing a delicious luncheon was served
to Mrs. Geo. Armstrong, Mrs. H. A.
Allen, Mrs. D. C. Criteser, Mrs. E. Mc
Donald, Mrs. C- J. Staats, Mrs. W. N.
Hulse, Sr., Mrs. H. G. Xevill, Misses
Jessie and Edna Bonney, Janet Mc
Donald and Clara Pearl Xevill.
Miss Stella Wyn was an Oregon City
visitor Saturday.
Mr. and Mrs. Muke and mother, Mrs.
Pooler and Elmer Hall of Gladstone
Sundayed at the S. A. Stone home.
Mrs. V. McTaggert and Mr. and
Mrs. C. W. Hulse and daughters Gladys
and Winnifred of Lents, Ore., spent
Sunday at the Murray and Nevill
ranch.
Misa Harriet Gaskell died at St.
Vincent hospital Saturday morning.
Funeral services were held at the
Portland Crematorium Monday morn
. ing.Miss Gaskell and Mrs. Funk are
sisters.
Mrs. S. A. Stone transacted business
in Oregon City Monday.
Mr. and Mrs. Wil Bonney were Port
land visitors Monday.
Miss Margaret Staats is spending a
few days with relatives and friends in
Oregon City.
Mrs. B. H. Stewart and son James
of Oregon City were callers in this
vicinity Monday evening.
Estacada Notes
ESTAOADA, June 1. Jay Hayes
came over from Portland last Sunday
and was a guest at the W. C. Bacon
home.
Workmen have been busy lately
making repairs and putlng in new ma
chinery at the Estacada cannery, so
as to be ready for the berries which
are the frist fruits to be taken care of.
Mr. and Mrs. Charlie Sparks, form
erly of Estacada, motored over from
Portland Sunday and were guests at
the home of the former's uncle, A. E.
Sparks, for a few hours.
Charles Weaver took advantage of
the holiday Tuesday and came home
from Portland to do some work at his
fruit ranch across the river from Es
tacada. He is a rural route carrier out
from Portland.
Charles Bronson has been confined
to his bed this week with a bad at
tack of asthma.
Mr. and Mrs. Irving Smith have
bought a new car and Mrs. Smith is
learning to drive.
Mrs. N. E. Weaver and son of Port
land, spent the weekend as guests of
Dr. and Mrs. Rhodes.
Attorney A. T. Eliott went to Port
land Wednesday on professional busi
ness, to be absent for a few days.
Mr. and Mrs. Nelson and daughter
Winnfred, came over from Portland
Sunday and were guests of Dr. and
Mrs. Rhodes. Ralph Richards, brother
of Mrs. Rhodes, accompanied them in
their machine.
Work on the new Standard Oil sub
station at this place began this week.
It is located near the track west of the
cannery. A crew of men with tents,
have erected a tool house, hauled
gravel for cement foundations and
staked out the grounds. It will be a
sightly addition to ?:stacada and will
present a neat appearance as the
company are very particular with their
stations. It represents an outlay of
?20.000 or more.
The eighth grade pupils of the Esta
cada schools to the number oin, nae
elected their president, chosen their
colors and have yells ready for the
commencement clay, which will be at
Gladstone Saturday, June 3.A truck
will convey the boys and girls to Glad
stone, leaving Estacada about 7:."0.
The graduates are: Florence June
Reed, Florence Hassell, Irma Gates,
. Arlene Kimmell, Johanna Kraig, Etta
McWUlis, Avis Condon, Thelma Wil
cox, Harriet Rons, Albert Belfils,
Vernie Ames, Leland Montgomery.
Fred Hoygaard, Thomas Mendenhall,
Harold Bronson, Dick Kraig and Dana
Bacon.
The teachers for the Estacada
schools for the coming year who have
been elected and have accepted, are as
follows: High school K. E. Einarson,
superintendent; Mrs. K. E. Einarson,
of Estacada; Ivy C. Peterson of Han
cock, Wash.; Mary Atkinson, of Walla
Walla, Wash. Grammar school Lelia
Howe, of Estacada, principal; Clara
Kelson, of Portland; Helen Currie, of
Silverton; Lois Reed, of Salem.
Leroy IAnderson and Hazel Lankins
of Estacada, are graduates from this
year's classes at the State University.
Mrs. G. E. Lawrence spent the week
end with Portland friends.
Miss Edith Harkenrider returned
last Saturday from a visit of several
days with her sister Mrs. W. M. Hon
neger, at Multnomah.
Mrs. P. Rynning left for Arlington,
Oregon, last Sunday where she will
visit her daughter Mrs. W. M. White,
for a few days.
Mr. and Mrs. A. G. Ames visited the
metropolis last Monday.
Mrs. Nellie Carson, who has been
the efficient clerk in the Peoples'
Store, is taking a much deserved va
cation. Mr. and Mrs. G. Mendenhall and chil
dren spent the day in Portland last
Sunday.
The Qarl Douglass Post, American
legion, observed Memorial day in Es
tacada. There were exercises in the
.park at 11 o'clock, and later in the
day the graves of old soldiers and
their comrades; in the late war were
visited and flags placed upon the
mounds. The program at the park
which wag conducted by Rex. Lud
low was as follows Song, "America.";
girls, -'The Long, Long Trail"; duet by
Mesdames Sam Barr and Grace Ragcn;
address by Jtev. Lacy of the ' M. E.
church; song, "Tenting Tonight on the
Old Camp Ground"; closing by singing
"America." There was not a very goo.l
attendance.
Miss Gladys Holmes, of Portland,
spent the week end with her friend
Mrs. W. C- Bacon.
F. E. Burns was a passenger for
Poralanri TUondav afternoon.
j Mrs. C. C. Saling and two sons Xeal
and Fred, have gone up to uie i . tt
L. & P. camp where Mr. Saling is
employed and where Mrs. Saling will
have charge of the dining hall.
The little three-year-old son of Mr.
,nd Mrs. Tom Carter, who reside at
j Log Labarre, was kicked by a horse
last Saturday afernoon and several
j sitches had to be taken to close the
j wound on his forehead.
Next Monday night, June 5, at the
I M. E church the Ladies Aid presents
j "The Old Peabody Pew." There will
j be especial music and the entertain
! ment. nromises to be verv entertaining.
An impromptu dancing party was
held at the Hauser & Linn restaurant
last Saturday night.
Mr. and Mrs. Tom Morton went to
Portland Sunday to visit relatives and
friends, returning Monday evening.
The condition of XI. H. Lichthorn is
much improved. He was able to be out
on the street Monday.'
Miss Maude L. Hughes of Los
Angeles, California, who has been visit
ing her aunt Mrs. George Lawrence
for some time, left Monday for her
California home.
Miss Olive Jones was here from
Portland to spend the week-end with
her friend Mrs. Ed. Linn.
Mrs. A. Morse returned home last
Thursday from Portland. She was ac
companied by hter uncle, H. C- Morse.
Mrs. B- O. Sarver was taken sudden
ly ill last Friday and was taken to the
Lovelace hospital. She is recovering
very satisfactorily to her family and
riends.
James lAbbot left the first of the
week for Salem to vist relatives for a
few days.
R. C. Deming returned Saturday
evening from Albany where he ex
pects to take charge of the cannery for
the coming season. He left again for
Albany Wednesday morning.
Mrs. W. F. Cary and daughter Glen
visted Portland last Monday.
W. F. Cary and George Kelly return
ed, from the mountains Saturday even
ing where they spent a week fishing.
Leo Pesznecker has gone to Van
couver, Wash., where he will take a
course in vulcanizing.
I. V. Cleworth and the Boy Scouts
returned Saturday morning from their
outing up the Clackamas. They report
a fine time.
As Louis Mayea was coming down
the Springwater hjll Tuesday, one of
the horses shied at a culvert and both
horses started to ran. The road was
circuitous at that place and Mr Mayea
was unable to check them. He was
thrown from the high seat on the lum
ber wagon, falling about twenty feet
into a ditch and rendered unconscious.
He had no idea how long he remaine.i
in this condition, but finally came to
and crawled to his team which were
uninjured, and tied them. Then he
managed to get to a nearby house
where the owner brought him to town.
Dr. Rhodes examined him and found
besides severe bruises, that the in
jured man had two ribs fractured. His
escape from great injury was remark
able, as he is 61 years of age.
A school meeting has been called
for June 19, to elect one director to
fill the place of F. G. Robley, whose
time expires, and to elect a clerk.
While in town one day last week.
Earl Wagner had the misfortune to
lose between thirty and forty dollars.
He can't tell if he lost the money from
his pocket or was robbed.
Mr., and Mrs. Karl Einarsen and Dr.
and Mrs. Carey motored to Seaside
last Saturday, returning Sunday after
noon. Mr. and Mrs. II. W. Morgan of Sell-
wood, were guests of Editor and .urs.
U. H. Gibbs Memorial day.
Remember the Cannery meeting at
I. O. O. F. hall on June 2. Important
business to fruit growers is to be
transacted.
Loimn News Items
o
LOG AX, May 31. Hundreds of peo
ple were seeking shady nooks along
the river Tuesday, taking a little out
ing, mostly families from the city. As
the North side road is closed all the
traffic goes on this side. The road in
places is in deplorable condition but
by careful steering can get over the
dried mud ruts.
Last week was clean up day at the
cemetery, and a great improvement m
appearance is the result for the days
work Too little attention is given
I these silent cities.
The Misses Taylor, daugnters ui
Rev. O. W. Taylor of Portland with
some friends are outing at the Taylor
ranch. 4i
The Lower Logan boys had to eat
crow" again Sunday when the Maple
Lane boys beat 17 to 10 here on the
home grounds. '
Monday evening about six o clock
the barn at the Straube store burned
to the ground in a few moments. Two
automobiles, a gas engine and roller
feed mill was burned. When the fire
was discovered the whole interior was
in flames an alarm was given, and peo
ple rushed to the scene but were
powerless to do anything. One auto be
longed to Emil Straube who intended
to return with his family to his big
farm in Wheeler County. The main
loss falls on Ivor Tolstad the present
owner of the property. The origin of
the fire is not know, but supposed to
be a short circuit, as he had just re
turned from town a few moments be
fore. Mrs. C. C. Robbins of Portland visit
ed her sister, Mrs. Alice Patterson
Sunday.
Mr. and Mrs. M. C. Ward and family
of The Dalles, came down Saturda"
evenirg surprising the home folks.
They returned Monday morning.
Mrs. A. A. lOrosse received a tele
gram from San Francisco that her
Exercises Held by
Pupils of Kelso
KELSO, June' 1. A large crowd
was in attendance at the entertain
ment and graduation exercises Sat
urday night. Mrs. Wiggs of the Cab
bage Patch was dramatized, in six
acts, by the pupils of the school who
all carried their parts to perfection,
while Bessie Patterson as Mrs. Wiggs,
deserves special mention a a most
realitic character. Much credit is due
Miss Vaeretti for her original way of
putting on this interesting play. F. W.
Canning presented the diplomas to
gether with a fitting talk to the grad
uates who were Helen Hite, Carl Kli
gel and Roland Erickson. Other num
bers were violin solos by Miss Fitz
gerald of Portland, accompanied by
Gertrude Kligel, piano solo by Dorothy
Jonsrud, recitations by Carl Kligel,
Helen Hite, and Ethel Irwin and song
by Jadine Nelson. The pupils of the
school presented Miss Vaeretti with
a beautiful beaded bag and -a bead
necklace as a token of their esteem.
The people of Kelso and patrons of
the school regret that Miss Caroline
Vaeretti who has given two years of
splendid service as principal will not
be here next year. She intends to
take a rest from teaching.
Among Sandy people who attended
the entertainment here Saturday night
were Dr. and Mrs. Thompson, Miss
Young, Henry Perret and family, Mr.
and Mrs. Loundree and Helen Nelson.
Mrs. I. H. Phipps started for Los
Angeles Saturday on receiving word
of the serious illness of her mother.
The Woman's Club will meet at the
home of Mrs. Obyeon Thursday June
1st.
Mrs. Baumback will remain in her
position as primary teacher next year.
Thirty-four votes were cast, all in
the affirmative, fai this district, in
favor of annexing Sandy Ridge, Green
wood and Hillcrest to the Sandy Union
high school district
On Saturday evening June 17th, Dr.
Emil Enna, Portland's noted pianist
will give a concert at the school-house.
He will be assited by Mrs. Herbert
Gaar Reed, one of Portland's most
famous dramatic eraders. Those who
attended the Enna concert last year
will be delighted with this opportun
ity. Mrs. Reed is a delightful enter
tainer, and both are artists of the first
class. Refreshments will be served by
the Woman's Club. Admission is free
and everyone is cordialy invited.
Miss Dorothy Fitzgerald of Portland
was a week-end guest at the Max Kli
gel home.
Mr. and Mrs. Joe Hall and family
took a trip to Silverton Sunday, and
greatly enjoyed visiting the scenes of
their early married life which was
spent there.
It E. Jart of the Jarl and Nelson
lumber company on Gordon Creek near
Corbett, was a Kelso visitor over the
week-end.
Mr. and Mrs. T. G. Jonsrud spent ,
Sunday with their daughter Mrs. Still
man Andrews Of Cottrell.
Mount Road Items
MOU.NTAIN ROAD, May 31. "Jack
Frost" visited in this vicinity one
night last week. No serious damage
has been reported by the farmers.
Mr. and Mrs. L. Corbin, old-time res
idents of Mountain road motored out
to see friends Sunday.
Mr. and Mrs. Frank Wright and Mr.
and Mrs. Ernest Hodge spent the week
end at the Hodge home.
Mr. and Mrs. L. S. Koellermeier awd
daughters visited Mr. and Mrs. Chas.
Baker of Gladstone Sunday evening.
Mr. and Mrs. John Robinson Deward
and Donald Hodge attended the ball
game at Stafford Sunday. Stafford
defeated Bolton 5 to 3.
Visitors at the Fred Baker home
Sunday were: Mr. and Mrs. Otto Teod
emeier, Mr. and Mrs. Clem Dollar and
Mrs. p.. F. Baker, all ot" Willamette.
Mr. and Mrs. Neils Christeensen Jr.
visited relatives here Sunday.
A school meeting was held in the
Mountain Road school house last week.
The following officers were elected
for our new district No. 43. H. Warner,
clerk; L. S. Koellermeier, chairman:
E. Boeckman and J. Robinson, direc
tors. Cams Notes
CARUS. May 31. Mrs. London of
Oregon City, who has been sick for
several months died at the home of
Chas. Stewart Sunday afternoon.
Mr. and Mrs. George Bliss and chil
dren and Miss Minnie Edwards spent
Sunday afternoon at the Dinanger
home at Redland.
Mrs. Fred Carlson and daughter of
Hillsboro are spending a few days
with the formers parents, Mr. and Mrs.
Monroe Irish.
Mrs. Ayles, mother of Mr Beach
left for Missouri Sunday.
Mr. and Mrs. Albert Schoenborn and
children spent Sunday at the Wilhoit
Spring.
Mr. and Mrs. Eli Russell of Portland
spent Sunday with Mr. and Mrs. Har
old Maggness.
Mrs. Walter Fisher has been on the
sick list last week.
Mr. and Mrs. John Kline were din
ner guests at Ingram home Sunday.
Clarkes Items
CLARKES, May 29. Mr. and Mrs.
Brown and family visited their cousins
Mr. and Mrs. Clyde Ringo last Sunday.
Miss Dora Walace is working at the
Oregon City woolen mills.
Miss Alice Rogers who was very ill
with the diphtheria is able to attend
high school in Oregon City again.
Mrs. W. H. Bottemiller visited her
daughter Mrs. C. Ralph and family of
Oregon City last Sunday.
Miss Bernice Gard visited her sister
Mrs. Clyde Ringo and family last Sat
urday. The C'arkes baseball team played
with the Schubel tefm last Sunday and
Lawrence Grace is working for Mr.
Ryan of Timber Grove.
Mr. Ryan has sold his timber to Hult
Bros, sawmill of Colton.
Quite a few young people attended
the dance at Beacon Heights last Sat
urday night and a good time was re
ported. Richard Griffith, our road supervis
or, has a large crew of men working
on the road. They are grading and
beaking rocks for the new grade
around the Buckner hill.
The Clarkes school baseball team
played with the Beaver Creek school
team last Sunday. The game was won
by Beaver Creek.
Miss Bernice Gard visited Miss
Mary Bottemiller last Sunday.
The Clarkes big room school closed
last Friday and they had five gallon of
ice cream and some cake which they
sold. Everybody enjoyed it very much.
Mrs. W. H. Bottemiller and son
Claude and daughter Mary were in
Oregon City last week Monday.
ADVANCE NEWS
AD VANCE, May 31. The eighth
grade all graduated. They will cele
brate their graduation at Gladstone
June 3, 1922, with the other graduates
of the county. The class colors are
green and yellow, while the class yell
is "We're the people, we're the stuff-,
we're from 'Advance, that's enough."
The members of the class are Walter
Moser, president; Elsa Turner, treas
urer; Chester Koellermeier, Elton
Dragoo and Theodore Klebe. These
pupils are very studious and also in
dustrious. We are proud of a hundred
acquired by Chester Koellermeier in
history, one by Walter Moser in civics,
and one by Lester Koellermeier, a
sixth grade pupils for Healthy Living
in their examinations.
Victor Thompson has been assessing
in our neighborhood, during the past
week.
A surprise party was givefn our
teacher, Miss Martinazzi at J. Ider
hoffs last Tuesday.
Several Tualatin girls to visit the
school were LaVerne Bishop, Ella
Ladd, Margaret Moore and Kate Mar
tinazzi. A Chevrolet was purchased by H.
Iderhoff.
A noisy reception was given the
mewlyweds, Mr .and Mrs. Louis Toedle
meier. The crowd was served with ice
cream and cake.
Mr. and Mrs. J. Iderhoff attended a
lodge meeting in Wilsonville, last
Wednesday.
FROG POND NEWS
FROG POND, June 1. The Frog
Pond grange met Saturday with a
large attendance and plans were made
for 4th of July celebration in Murray's
grove, across from the school house.
There will be a good program, ice
cream and candies sold, and an all
night dance in the new hall.
Pomona Grange will meet with our
graange the last Wednesday in June.
Several plays are being planned and a
dance in the evening.
The Stafford base ball team played
Bolton on the Stafford diamond Sun
day afternoon, Stafford won. 5 to 3 after
In innings.
Mis8 Mildred and Dora Oldenstadt
were Portland visitors Sunday.
Miss Agusta Bracks and Melba
Baker spent the week end at home.
ASTORIA, May 31 The wreck of
the steamship Welsh Prince, sunk in
the Columbia river off iAltoona Sun
day night when rammed by the Amer
ican steamship Iowan, broke in two
amidship last night. This was defin
itely reported today. Just what influ
ence this latest development can
not be ascertained until an inspec
tion has been made. Experts left for
the scene of the wreck this morning
to determine the extent of the new
damage. UNITED STATES REJECTS
SECOND HAGUE REQUEST
WASHINGTON, May 31. The Unit
ed States has rejected another invita
tion from the allies to participate in
the forthcoming conference of the al
lies with Russia and Germany at The
Hague, it was made known at the
j state department today.
3 SEVERELY BURNED IN
FIRE NEAR EATONVILLE
TACOMA, Wash., May 25. Three
persons were severely burned in a
fire early this morning that destroy
ed a rooming housej a church and a
residence at Kapowsin and that
threatened to destroy the entire town.
The blaze was extinguished when fire
apparatus was brought from Eaton
ville, a nearby town.
SEVEN YEAR TERM GIVEN
NOTED ENGLISH WRITER
LONDON, May 29 Horatio Bottom
ley, M. P., former editor of John Bull,
anti-American weekly, was today
found guilty of appropriating to his
own use 105,000 pounds from funds
subscribed for war bonds and was
sentenced to seven years' imprison
ment. The famous independent member of
parliament must begin his prison sen
tence at once. He gave notice he
would appeal and asked that bail be
fixed pending a hearing, but iiis appli
cation was refused.
3
COLUMBIA RIVER WRECK
BREAKS IN TWO
REPORT
6 Per Cent State School f
Money to Loan on Farms
I SCHUEBEL & BEATTIE
I Bank of Oregon City Bldg.
I Oreeon City. Or.5.
EXPERT GIVES
Lecture Showing
Observations In
ANALYSIS OF
Various Factors
Said Influencing
LIVING COSTS
By Robert E. Smith-
President Lumbermens Trust Cora--pany
Bank, Portland, Ore.
If one were to cast about in one's
mind for a subject of universal inter
est and appeal, the selection would al
most inevitably fall upon the cost of
living. "Many men of many minds,"
we are, of course, aud our interests are
widely diversified. Some of us watch
with absorbtion the action of Congress
on matters of national importance,
such' as the bonus bill and the size of
the army and navy, while others are
most concerned with local affairs, such
as the strike of the longshoremen;
some of us are keenly interested in the
outcome of the Genoa conference,
while to others it is a matter of para
mount importance that the Beavers
have retired to the cellar,- apparently
for a summer's sojourn. But all of us,
no matter to what fascinating subjects
our thoughts turn at times, will return
irresistibly to the contemplation of the
subject of universal Interest, the cost
of living.
Secretary Delivers Lectures
In view of this fact it would seem
that an article on this subject by a
member of President Harding's cab
inet would be received with eager in
terest. Henry C. Wallace, Secretary
of Agriculture, delivered a lecture oa
'The Cost of Living" before the Lea
gue of Women Voters at Baltimore on
April 24, and his conclusions and ob
servations are the result of a wide
knowledge of his subject.
The Department -of Agriculture is
making a systematic study of the
economic situation and as a result of
this study may be able eventually to
suggest improvements in such fac
tors as distribution and marketing.
Mr. Wallace says that "if we are will
ing to accept our present system of
distribution of meats and other food
products as being a satisfactory sys
tem, then any marked reduction in
cost must come first through reduction
in wages, because wages are altogeth
er the largest item in marketing and
distributing cost, whether we consid
er transportation, -wholesaling or re
tailing." Wages Control Cost
He contends, however, that he is not
arguing for large reduction in wages,
but simply pointing out that "the large
increases in wages a?te mainly respon
sible for the large increase in cost to
the consumer."
He says: ''Is it desirable that the
oost of living should be reduced to the
pre-war levels? This is an economic
question which offers opportunity for
wide differences of opinion and in all
discussion of which both national and
international conditions must be con
sidered. Those whose incomes are de
rived largely from fixed investments,
securities and moneys loaned, natural
ly wish a return to the pre-war price
levels because that would enhance the
value of their dollars.
Those who went in debt during the
past five years and farmers and wage
earners generally would be better off
if a new general price level should be
established at about 60 per cent above
the pre-war level, provided all prices
can be brought to that level. I do not
undertake now to discuss this question
in its larger aspects, but express the
opinion that if it were " possible to
bring up prices of everything to about
CO per cent above the pre-war level,
that would benefit most of our people
and the nation at large."
Mass Warit Reduction
This sounds like heresy to the mass
of people who see in the reduction of
the prices o fcommodities the solution
of the whole problem, but the Secre
tary of Agriculture is considering the
country as a whole, and he is consider
ing primarily the producer, who has
been harder hit by the period of de
pression than any other class. Mr.
Wallace continues; "The farmer not
only is not to blame for the increased
cost of food to the wage-earner, but is
worse off relatively than the wage
earner, because his income is down to
pre-war while the cost of things he
must buy is 50 per cent or more above
pre-war costs.
About -10 per cent of our people de
pend upon the soil directly for their
living. Their income consists of what
they get from their crops and live
stock. With prices of crops and live
stock down to pre-war levels and
prices of things the farmer must buy
from 50 to 75 per cent or more above
pre-war levels, the purchasing power
of the 40 per cent who live upon the
land is so reduced that all business is
affected adversely."
Joint Stock Land Bank
At last the Northwest is to have a
joint stock land bank. For years there
has been crying' need for such an or
ganization in the Pacific northwest
and the granting of the charter for the
new bank and the announcement that
it is ready to do business is received
with satisfaction. Since this is the first
joint stock land bank to be organized
in the northwest, an explanation of its
modus operandi may be of interest.
Loans are made to farmers in amounts
not to exceed $25,000 to any one per
son on farm property. Loans are lim
ited to 50 per cent of a conservative
valuation of the land and 20 per cent
of the value of improvements. The
uniform rate of all loans is 6 per cent,
but the borrower pays 7 per cent of
the amount of the loan each year, of
which 1 per cent is applied on the
principal. For example, on' a loan of
$1000. of the $70 paid the first year,
$60 is for interest and $10 applied on
the principal. This leaves $990 princi
pal unpaid. The second year, as the
first and all subsequent years, the bor
ower pays $70 again, but of this only
about, $59 goes for' interest and the
balance, about $11, is applied on the
principal. Each year, of course, a
smaller amount goes for interest and
a large amount goes for principal, and
at the end of 21 years the loan is o"ie
half paid off, while at the end of thir-
No commission can be charged to
the borrower by any one. but the bor
rower pays the expense in connection
with the appraisal of the property.
the title and the drawing up, executing
and recording of the necessary instru
ments. All loans must be inspected by
inspectors who have been approved by
the Federal Farm Loan Board and all
regulations ' of that board respecting
security must be complied with. The
joint stock land bank makes loan and i
then submits the application, appraisal, !
report and other papers to the Federal j
Farm Loan Board. If the board ap
proves the loan, then the note and
mortgage can be exchanged for bonds
bearing 5 per cent interest.
These bonds are then sold on the
market and the funds so received are
put into new loans. This operation
can be repeated until the bank has
loans and bonds outstanding amount
ing to fifteen times its capital stock, j
The capital stock of the newly organ- j
ized Oregon-Washington Joint Stock
Land Bank is a quarter of a million
therefore it can have $3,750,000 of
bonds and loans on its present capital.
The bonds which are given to the j
bank in exchange for the mortgages i
are entirely free from federal, state j
and local taxation, in addition to hav- j
ing behind them those mortgages as
collateral security, the bonds are also j
a direct obligation of the joint stock
land bank and have behind them all
of its assets. In addition, there is a
double liability on the part of the
stockholders, just as in the case of a
national or state bank of deposit. Di
rectors of the newly organized bank
are Dr. C. J. Smith, C. F. Wright,
George C- Jewett, H. A. Ely, Carl De
tering, A. R. Watzek, Ira T. Walker,
D. C. Henny and Robert E. Smith.
Britain Balances Budget
The gratifying news comes from
London that in spite of the difficulties
with which the British government has
had to contend, it will balance its bud
get this year and perhaps show a small
surplus. It is even reported that the
Chancellor of the Exchequer is con
sidering the idea of reducing the in
come tax a shilling in the pound.
So far none of the great European
nations has been able to balance its
budget since the war began in 1914
and the difference between outgo and
income is represented by tremendous
war debts and the flood of paper cur
rency that stifles Germany, Russia and
to some extent France and Italy. But
there can be no real recovery until all
the nations of Europe begin to bal
ance their budgets. From the point of
view of international finance, the
news from London is the best we have
had in a long time, especially as Paris
reports that the French budget will al
so be balanced this year.
Government Ownership Fails
After engaging for fourteen years in
the railway business the government
of France is preparing to r.etire and to
turn over the state railways to a pri
vate corporation. Only a part of the
French railways, that part of them
which servies the west of France from
Dieppe to Bordeaux has been under
government management; but the
state lines have always had the repu
tation of being badly managed and
have never been anything but a finan
cial burden. The Parisian suburban
system alone lost one hundred million
francs last year. The parliamenttary
commission appointed to investigate
the whole subject advises that the gov
ernment roads be sold at once.
British Coal on Way
The first shipment of coal from Eng
land destined for sale in this countr7
since the start of the nation-wide coal
strike on April 1, is on its way to
New York, it was reported in New
York coal trade circles last week, al
though the identity of the importer
was not revealed. The shipment is said
to consist of 2,000 tons, and is regard
ed as a ''feeler" put out by the English
operators to test the possibilities of
getting a market in this country if the
strike brings about a shortage. Deal
ers said that the English grade of coal
was reported to be poor.
They said that the cargo enroute
will represent a cost of $8 per ton
alongside the wharf in New York, or a
dollar under the present New York
price of bituminous coal from West
Virginia. Coal trade circles- report a
considerably better demand for bitum
inous coal. It was predicted at the
same time that an advance in soft
coal prices is inevitable before long.
One cannot help but wonder how . it
happened that this strike was ordered
in the spring instead of the fall, No
vember for instance, generally the fa
vorite month for a coal strike, unless
it to be December or ajnuary or Febru
ary. Americans Overcharged
Edward W- Thompson, a New York
lumber merchant who returned last
week from Europe, said he cut short
his itinerary because of greed of the
Germans, who had one price for Amer
icans and another for Europeans. He
said the limit was reached in Stuttgart,
where he was charged 1,000 marks a
day for a room, only to learn that a
German patron was receiving similar
accommodations for 300 marks.
KILLED IN COLLISION
OF SHIPS ON COLUMBIA
PORTLAND, May 29. Eleven men
are dead, including three Port'.anders,
as a result of a colision shortly be
fore midnight Sunday night between
the British steamer Welsh Prince,
bound to sea and the American steam
er Iowan, inbound. The crash occur
red just off Altoona, Wash., about 12
miles above Astoria.
The Welsh Prince was rammed on
the starboard bow by the American
vessel after signals between the two
ocean carriers were misunderstood.
The British vessel sank in 40 feet of
water within 30 minutes. Fire start
ed, but was put out.
3 DRUNKS AT OAK GROVE
FINED $28.80 APIECE
Richard Kelly, E. J. Raybourn and
E. J. McFarland arrested at Oak
Grove Monday night on charges of
being intoxicated, were found guilty
and fined $25 and $3.80 costs each
by Judge Noble Wednesday. The men
were taken, into custody at the Oak
Grove dance pavilion. Other charges
MOLALLA MAYOR
IS ACQUITTED OF
ASSAULT CHARGE
F. M. Henriksen Is Held Not
Guilty o f Unwarranted
Attack Upon Editor; Jury-
Out Less than 5 Minutes.
INCIDENT IN STORE IS
HELD TO BE JUSTIFIED
Suit Brought by G. J. Taylor
Lost; Ten Witnesses Are
Heard; Trial Is Lengthy.
After four and a half minutes delib
eration, a jury in ' the justice court
Wednesday acquitted Mayor F. M.
Henricksen, of Molalla, of charges of
assault and battery of Gordon J. Tay
lor, editor of the Molalla Pioneer.
That the attack made upon Gordon
J. Taylor, editor of the Molalla Pio
neer by F. M. Henriksen, mayor of
Molalla, was justified, and fully with
ini the law, was the defense advanced
at v the trial of the mayor in the Ore
gon City Justice court before Judge E.
J. Noble. The case occupied the en
tire afternoon, ten witnesses being
called to the stand, seven of whom, in
cluding the complaining witness, were
for the prosecution.
The assault and battery charge was
the result of an altercation in the May
or's store on the afternoon of May
23. Taylor, according to his own. tes
timony, went into the store to see
Henriksen about some job work. He
was met with an immediate invitation
to "leave a d d side quicker than he
came in." At this point the story told
!-y Taylor and that told by the mayor
differ Taylor stated to the jury that
he was immediately seized fruru be
hind before he had a chance to leave,
slappec on the face, thrown cat of
the door of the building and then, on
the sidewalk, hit a blow which knock
ed him tlXo ths etveet.
Mayor States Case.
Henriksen claims that Taylor stcod
their look'ny at bim in a defiant way.
and that he tcok bold of the man's
shoulders and started to push him
out. Taylor the n-yo.- stated, m-'
a gra! f;r a croquet .'""llet, and "t a
on this asi-.n " a', be slapped n
"airi's th hick if the head. He
stated that on putting Taylor out, the
editor grabbed hold of the door and
he had to shake him loose, then push
ing him out, and he fell into the
street.
The. trouble, it was admitted by
both sides, was started over the pub
lication in Taylor's paper of articles
accusing the city administration of
various kinds of inefficiency and at
one time, of graft. This state of af
fairs had provoked him for several
years, Henriksen stated, and he to
formed Taylor when he called that the
"store was not big enough for two of
us." He admitted a dislike for Taylor,
saying on the stand: "If I don't want
that class of cattle in my place I have
a right to put them out."
Editor Is Blamed.
Henriksen, telling of the occurence
after the two men came out of the
store, stated that Taylor struck at
him, hitting his pipe which he had in
his mouth and making several other
passes. It was then that he hit him,
he claimed. Taylor, on cross examin
ation, said that he had no opportunity
to strike Henriksen.
Mary Watts and Jewell Jones, two
high school girls who saw the affair
on the street testified for the prosecu
tion as did Chet Gibson and Dr. H.
Hume. Dr. II. S. Mount, of Oregon
City testified as to the nature of the
man's injuries which he found on ex
amining him several days later. Threo
ribs had been torn loose from the
chest walls, he stated.
Witnesses called for the defense
were Mayor Henriksen, J. M. Corbin
and John C. Conrad. The latter, a
Portland salesman, who was the only
person inside the store at the time,
testified that Taylor made menacing
motions and substantiated the May
or's statement that Taylor had at
tempted to get a croquet mallet after
the row had started.
Grant B. Dimick conducted the de
fense and O. D. Eby, city attorney,
took the place of District Attorney
Livy Stipp who was in session with
the grand jury. The jury which heard
the case was composed of P. B.
Forbes, L. O. Harding. J. B. Fair
clough, Albert Roake, D. D. Eain and
John Heath.
Pacific Phone :
Office 52
Residence 304-M s
CHARLES T. SIEVERS,
3
Lawyer
Oregon City, Ore. I
GEORGE HOEYE I
CHIROPRACTOR
i Caufield Bldg. Phone 636-W
Oregon City, Ore.
N