TITE MOItXIXG OKEGOXIAX. SATURDAY, , DECEMBER 11, 1020
7
r
BAI BOARD DEFIED
BY COUNTRY CASHIER
State Bank of Brookings, Or.,
Demands Exchange Fee.
CASE TO GO TO CONGRESS
Federal Reserve Body Declared to
Be Coercing Institutions
Throughout Nation.
That he will "fight the faderal re
serve bank board to a finish" on Its
- determination, to collect checks with
out exchange charges drawn on the
State Bank of Brookings, Or., is the
declaration of George D." Wood, its
cashier, who made public his side
of the case when in Portland on
business.
In. reply to allegations and state
ments by Mr. 'Wood. Frederick Green
wood, in charge of the federal re
serve bank at Portland, said that, in
the Brookings case, he was simply
following the provisions of the law
and gave it as his opinion that, while
Mr. Wood could make considerable
trouble by his tactics, he would get
nowhere by his efforts.
Right to Kee Defended.
Under a ruling of the federal re
serve board, dated April 12, 1920,
checks handled for members ware
ordered collepted with exchange
charges, or what is technically known
as at par. The State Bank of Brook
ings is not a member of t-he reserve
system, but checks drawn upon it by
member banks were sent through for
collection and Mr. Wood steadfastly
insisted, and said he would continue
so to do, that he was entitled to
charge a fee for handling them.
"I will not surrender my rights to
the federal reserve board and am
going to carry my fight to congress
lor justice, saia ivir. w ooa. in malt
ing public his charges and his stand
on the situation. "The board wants
to get control of the state banks,
just as it has over the national banks,
and has succeeded to a considerable
extent, but they have found one lit
tle bank at Brookings, 180 miles from
a railroad, where they can't get an
a&ent to act for them locally, and so
they have sent down a highly-paid
aent of their own to collect checks,
comparatively few in number, that
are drawn against my bank.
Protest Sent to San KranrUco.
"This agent is costing 400 a month
or possibly more of public funds, and
I liave already personally complained
of that to John Perrin. federal re
serve agent in San Francisco. He.
however, took the position that, by
my act, it was necessary to station
his agent there and to maintain him
at this expense.
"I take the attitude that checks
are not currency as maintained by
the federal board. It is ridiculous to
rule that a bank is not entitled to
charge a small sum for handling this
paper. My fight is interesting the
state banks, and recently I sent 150
letters to them, stating my case and
saying I as going to Washington
soon to testify before the banking
and currency committee of congress
to lay the facts here before the mem
bers, and already have received grat- j
ifying .encouragement in the way of
funds and moral support to carry for
ward1 the fight."
Amendment Is Wanted.
Mr. Wood said that he expects to go
to Washington in a few weeks to lay
the facts as to the situation at Brook
ings before the congressional com
mittee in an effort to have an amend
ment to the reserve act put through.
In Louisiana, Alabama, Mississippi,
Georgia and South Dakota, according
to Mr. Wood, laws have been passed
requiring a charge for handling
checks as a protest against the re
serve board's ruling. Unless there is
some relief by congress, he said, it
may be necessary to try for action by
the Oregon legislature. He does not,
however, favor compulsory charges.
The situation at Brookings, which is
on the coast of Curry county, is pecu
liar, in that the officials of the state
bank there are thus far in a position
to keep the reserve bank from obtain
ing any local agent. Mr. Wood him
self is cashier of the bank, postmaster
and notary public; the president and
assistant cashier are the other nota
ries of the town, which is supported
almost exclusively by a big mill.
There are about 500 people living
there. Owing to this condition the
reserve officials cent down one of
their own men.
A gmt to Be Maintained.
This was about two months ago. He
is there for the sole purpose of col
lecting checks under the board's par
exchange order. According to Mr.
Greenwood, an agent will be kept
y there as long as necessary, because
the law requires par collection and
the only bank in the town refuses to
acquiesce.
"Mr. Wood's statement that public
funds are being used at Brookings is
very misleading." said Mr. Greenwood.
"No public funds are involved, for the
member banks of the reserve own ill
of the stock and, if tluey have no crit
icism of our methods of fulfilling our
function of collecting checks at par,
eurely no outsider should.
"Mr. Wood's Intimation of coercion
on the part of the board is without
foundation. A state bank is not re
quired to Join the reserve system.
Coercion Is Denied.
"The Eituation regarding the fed
eral reserve clearing system can be
summed up in a very few words.
There are certain clauses in sections
13 and 16 of the federal reserve act
which seem to require the federal
reserve board to establish a system
for the clearing by the federal re
serve banks of all checks 'payable
upon presentation within their re
spective districts, regardless ' of
whether the checks are drawn upon
member or non-member banks. It
appears also that the federal re
serve banks are required to receive
these checks when tendered them for
deposit by member banks at par, tha(
13. without making any deduction
from the face amount for collection
or exchange charges. Section 15 em
powers the federal reserve board to
fix reasonable charges, not to exceed
10 cents per $100. which may be
made by one bank against another
tank for remitting in exchange or
otherwise for checks received for
collection, but there is a proviso tha
"no such charges shall be made
against federal reserve bands.'
'Upon being asked for an opinion
the attorney-general of the United
States has construed this provision
literally and has advised the board
that federal reserve banks cannot
lawfully pay any charge or fee to a
bank for remitting to the federal re
serve bank for checks drawn upon the
payer bank which have been sent to
it by the fed-eral reserve bank for
payment in exchange or otherwise.
Banki Saved Kxpense.
'It is evident, therefore, that a fed
eral reserve bank receiving checks on
non-member banks for deposit must
proceed to collect these checks and
that if the banks upon which they are
drawn will not remit at par the fed
eral reserve bank is obliged to pro
vide itself with some other means of
making the collection. The federal
reserve banks, therefore, have called
the attention of non-member banks to
these provisions of law and have
stated that stamped envelopes will be
sent in each case to the remitting
bank in order that there may be no
actual expense incurred by the payer
bank in making the remittance and
that if it is more convenient remit
tance may be made in currency at the
expense of the federal reserve bank.
"All non-member banks have been
advised that if they do not care to re
mit to' the federal reserve banks at
par, collection will be made through
some outside' agency By having the
checks presented at the bank counters
for payment."
E IS LAID TO FEAR
JOHX TILLMASf TELLS COURT
HE WAS INTIMIDATED.
Youth to Be Held as Witness In
Murder Case and Then to . Bo
Sent to Training School.
Fear of Husted A. Walters, alleged
slayer of Partolman Palmer, led John
Tillman to follow bis companion in
the army on their career of crime, he
told Judge Kranzler of the court of
domestic relations yesterday. Has
reluctance to take that which did not
belong to him had influenced him to
return stolen money.
Tillman, not yet quite 18, Is to be
held in the county jail pending his
appearance as a witness in the trial
of Walters, December 20, after which
he then will be taken to the state
training school. Judge Kanzler yes
terday ordered he should be a ward of
the county until be is 2i years of
age.
The boy admitted he had been on
three robberies with Walters, but said
he did not carry a revolver and his
particular business was to do the
searching. Detective Howell, who in
vestigated the case at police head
quarters, told of finding only 40 cents
on Tillman when he was taken in
custody. He also said that when the
boy finally made a complete confes
sion, he was told where to find
watoh and chain, stolen' from Thomas
Fanning on the fatal, night. This was
stowed in the boy's army leggings.
"We asked him what had become
of the ?35 stolen from a man from
Kamiah, Idaho, and he said he didn't
have it," Howell told the court. "Then
he advised the man to look in an over
coat pocket for the money and ex
plained he hadn't wanted it and had
merely removed it from an inner
pocket to another and not told Wal
ters of its existence."
Tillman told Judge Kanzler that he
had heard from other sources that
Walters and another man from Camp
Lewis had perpetrated robberies in
Seattle, but that Walters had never
personally told him of this.
FREE LOVE PLAN NIPPED
JOHX M. HERMAN- Jll. HAS
SCHEME TO ELEVATE RACE.
Bookkeeping Would Be Only 31ar
riage Ceremony and One Would
Not Be Limited.
A plan to breed a race of super
intelligent Americans, sponsored by
John M. Herman, Jr was nipped in
the bud yesterday when the would-be
savior of the country was arrested
by Postoffice Inspector Welter and
S." F. Pace, deputy United States
marshal, at his headquarters, 370
First street, on a charge of sending
obscene matter through the mails.
Free love, communism, eugenics and
all other schemes would have to take
a back seat before Herman's pro
posed "communal marriage act,"
which he advocated being adopted by
the United States government. His
plan as he explained it yesterday,
was simplicity in itself. All that was
necessary in the matter of choosing
mates was for the contracting parties
to have a notebook each, in which they
would keep track of the persons
whom they accepted in the relation
ship proposed.
Establishment of communal mar
riage homes in the different states
was one of the sections of the l-w
he recommended, these houses to be
run on an inter-denominational ba
sis, orderly and with religious serv
ices daily. A national bureau was to
be established. ,
Herman's divorced wie and tyo
children reside in Portland and he
stated that he hoped that his new
law might bring theni back to him
once more. Divorce would only mean
the crossing off of the name of the
person in question from the other
person's books, according to Herman.
He quoted from scriptures to prove
his contentions, but was taken to
the county jail, when he could not
produce $500 bonds. It is likely that
he will get a hearing as to his san
ity.
ST. JOHNS SEEKS PROJECT
Relocation of Portland Sanitarium
Is Requested.
Business men and residents of St.
Johns will make an offer of a free
site and a monetary consideration ic
addition for the Portland Sanitarium
if the directors will consent to relo
cate the site and to build the institu
tion in the St. Johns district, accord
ing to information received by City
Commissioner Pier yesterday.
According to Mr. Pier, business men
of the district feel the need of a hos
pital in that district and are eager to
get the Portland Sanitarium.
H. W". Cottrell, president of ' the
board of directors said the board
would gladly consider any such offer.
Read The Oregonian classified ads.
Backache and
Kidney Disorder
(By Dr. L. C. Babcock)
Simple methods are usually th
most effective. The mere drinking
a cup of hot water each morning,
and a lU-tle "An-uric" (anti-uric acid)
before every meal has been found the
most effective means of overcoming
kidney trouble. Death would occur
If the kidneys did not work day and
i night In separating poisons and Uric
acid from the blood.
The danger signals are backache,
depressions, aches, pains, heaviness,
drowsiness, irritability, headaches,
chilliness, rheumatic twinges, swollen
joints, gout.
Step Into your drug store and ob
tain "Anuric, first discovered by Dr.
Pierce, of the Surgical Institute, Buf
falo, N. Y., or send Dr. Pierce 10 cents
: for trial package.
FARMERS OF STATE
URGE CO OPERATION
Plan for Joint Marketing of
Crop to Be Spread.
OREGON UNION IS ACTIVE
Blank: Contracts AVill Be Prepared
and Distributed as Result of Big
Conference in Dallas.
In the effort to spread the co-operative
movement to a larger num
ber of farmers than ever in Oregon,
the Farmers' Educational and Co-operative
union of this state. In the
near future, will have blank contracts
prepared for presentation to the farm
ers, providing for co-operative mar
keting of crops, according to action
taken at the annual meeting of the
association held on Tuesday, Wednes
day and Thursday of last week at
Dallas, Polk county.
Consideration of such a contract,
and efforts to increase the member
ship of the union, which has been in
successful operation for more than 10
years, was the important feature of
this year's convention, according to
an account of the convention given
by two of the delegates, Albert S.
Roberts and Herbert Egbert, state
representative, both of Wasco coun
ty, who were in Portland westerday.
'Many Delegates in Attendance.
More than 100 delegates from all
parts of Oregon and from southern
Idaho were in attendance at the busi
ness sessions, and double that num
ber attended the educational sessions
and the entertainment features, ac
cording to the visitors.
The organization, which ordinarily
is referred to as the Farmers' union,
is a co-operative association for the
handling and selling of produce, and
has as its agent the Tri-State Ter
minal company, und-er the general
direction of the association. This
company has been in the field for
ten years and has been unusually
successful from a co-operative stand
point, according to the delegates.
At the convention it was pointed
out that the co-operative plan had
been successful for a long enough
period to show that it is no longer
an experiment, and a movement to
enroll a larger number of farmers
under it was begun.
One Organisation Sufficient.
The union took the ground that for
other co-operative organizations to
come into the field at this time
would be a duplication of effort and
detrimental to the co-operative move
ment.
The president of the union and i
committee consisting of the five mem
bers of the board of directors were
authorized to set to work at once to
draw up a blank contract? which can
be presented to members and to other
farmers throughout the state, to be
the basis of a co-operative marketing
pool, with the Tri-State Terminal
company as the agency.
At the meeting the officers of the
Association wfirc re-ilcterl r fol
lows: President. A. R. Shumway. !
.Umatilla county vice-president, A. G.I
rtempei, roitt county; secretary ana
treasurer, F. A. Sykes, Corvallis.
The five members of .the board of
directors were elected as follows: F.
B. Ingels of Dufur. W. W. Harrah of
Umatilla county, Walter Pierce of
Union county, H. B. Davidhizer of
Joseph and Dr. C. J. Whitaker of
Wallowa county.
Delegates Are Appointed.
F. B. Ingels was elected delegate to
the national convention to be held a
year from now at a place to be des
ignated later, and W. W. Harrah,
Walter Pierce, and W. C. Nelson of
Seattle, manager of the Trl-State Ter
minal company, were named as dele
gates to a meeting of grain men from
all over the United States, called for
St Louis, Mo., on December 17.
Moro was' selected as the location
for the next annual session of the
union, the date, which will be about
a year from now, to be set later.
At the Dallas meeting the delegates
determined to initiate the "buy-a-barrel-of-flour"
movement among the
farmers and at once will begin the
t-preading of this doctrine. Such a
movement, if on a large scale, would
do much to improve the grain situa
tion, it was believed, and at the same
time would be good business on the
part of the flour purchasers.
FLY KILL1NGJ0W URGED
Merchants' Association Inaugurates
Campaign Against Summer Pest.
A national campaign for killing
the "dangerous" housefly between
And I Will
Fetch a
Morsel of
Bread"
A "morsel of bread is
concentrated energy.
V
DIXIE
BREAD
contains in a most ap
petizing form, vital
health elements it builds
bone, brain and muscle.
I
Bread is your best
food eat more of it;
HAYNES-FOSTER
BAKING CO., INC.
Bakers of Sunshine and
dixie:!
M; BREAD p
Thanksgiving and Christmas has " een
Inaugurated by the Merchants' asso
ciation's committee on pollution and
sewerage, and placards urging the
destruction of the pests have been
sent out.
One of these placerds says:
"The housefly that is seen between
Thanksgiving and Christmas should
be killed at once, as A has fattened
for hibernation for the winter months.
"It will emerge from its winter
quarters to greet us on Easter day
and will begin to raise its Bummer
progeny the worst enemy to hu
manity. " -
"Special care ' should be taken to
eliminate all flies at this particular
time in view of the danger of disease
germs which may reach us from tout
plague-swept European countries
through the flood of imr.igrants
pouring in upon , us.
"The presence of the fly in the
household is a signal that unsanitary
conditions exist and is a warning to
every intelligent person."
LUMBER ONERS FALL OFF
SMALLEST WEEK'S BUSINESS
OF YEAR REPORTED.
Domestic Cargoes Show Least De
cline, Are Therefore Strongest
Feature of Market.
The smallest week's business in the
lumber trade this year is reported by
the weekly lumber review of the
West Coast Lumbermen's association,
issued yesterday.
The review says:
"Orders taken by west coast mills
for the week ending December 4 show
a falling off in business for all
branches, 'Including the rail trade,
local business and foreign ' and do
mestic cargoes.
"New business in the rail trade
amounted to 673 cars as reported by
121 mills which is easily the smallest
week's business for the. year.
"Domestic cargo business showed
the smallest decline and was there
fore comparatively the strongest
feature of the market.
"In the Tail trade the unshipped
balance has been reduced to 3107 cars.
"Rail shipments were 14,040,000 feet
above rail orders, or 69.54 per cent.
"The week's production at 121 mills
was 30.S5 per cent below normal.
Total shipments were 53.920,297 feet.
Total new business amounted to 31,
648,211 feet. Local orders were 1,410.
941 feet. In the cargo trade domestic
orders were 8,157.270 feet and export
orders were 1,890,000 feet. The un
shipped totals in the cargo trade are:
Domestic, 94.554,395 feet and export,
18.763,827 feet."
INVEST IN MEN, ADVICE
FRESBYTERIAX PASTOR TALKS
TO REALTY" BOARD .
Business Men Said Prone to Over
look Human Element and View
Life From Monetary Angle, i
The importance of investing money
in people and in the human return
as well as in real estate and stocks
was emphasized by Dr. Harold L.
Uowman, pastor of the First Presby
terian church, in an address delivered
at the luncheon of the Realty board
at the Portland hotel yesterday.
-Business men, said the pastor, are
prone to overlook the human element
and view life more from the mone
tary standpoint.
Resolutions urging that the county
commissioners appropriate 15,000 for
the 1921 Rose Festival were adopted
by the' board. It was pointed out
that in the past the financmg of the
festival has fallen upon a limited
number of the people and it was fel
that a greater distribution of the
burden should be made.
Resolutions of condolence for the
Your
Funds
Make
It Possible
HUNDREDS of thriving cities in the Pacific
Northwest a few years ago were frontier
villages, unpaved, without sewers, and had only
wells for water supply.
The wonderful transformation has been made
by issuance of BONDS. Such improvements
have added millions to our taxable wealth; have
attracted homeseekers, and have built pros
perity. v
Pacific Northwest Municipal bond issues are
mortgages on America's richest regions. Invest
your surplus funds in them. This bank has
financed such bond issues to the amount .of
many millions.
Let us assist you, in
selecting your securities.
Deposit your checking and
Savings Funds with us.
Quick News!
Men's Gift Neckwear
in a highly pleasing as
sortment of colorful
patterns. Extra values
at $1.00.
Most any man would
appreciate a smart look
ing House Coat. The
prices here are reduced
25 per cent.
Every Shirt in our en
tire stock has been re
duced 30 per cent. Won
derful opportunities for
gift-seekers.
Thrifty buyers are
taking advantage of our
sale of Underwear for
men. The entire stock
has been reduced 25
per cent.
Our Gift Certificates
are useful gifts. They
may be redeemed at any
time.
Free Christmas Boxes
with all gift purchases.
D
OI
duath of Ralph R. Duniway were
adopted by a standing vote of the
entire membership present.
Alfred A. Aya was chairman of the
day. W. J3. Shively. chairman of the
legal committee, gave a ten-minute
legal discussion.
SLUMP DELAYS TAXES
Farmers Xear The Dalles Are Not
Able to Pay Debts.
THE DALLES, Or., Dec. 10. (Spe-
clal.) With delinquent taxes totaling
i $25,405,19 at the close of tax collec-
Lumber
Broadway and Oak
mens
TKUST COMRAKY
Even at these prices
YOU get all the style you
want; you get all-wool
fabrics; fine tailoring and
correct fit the things that
make clothes serve so well.
Sam'l Rosenblatt & Co.
Fifth Street at Alder Gasco Building
Home of the Hart Schaffner & Marx (Clothes
tions in Wasco county, it is apparent
that many ranchers in the county
are hard hit by the recent slump in
the wheat market. Last year's de
linquent taxes at this time totaled
$13,000.
Claud S. Knight, who is in charge
of tax collection in the county, is of
the opinion that the greater part of
these delinquent taxes will be paid
should wheat quotations continue to
rise. Wheat sales at the present quo- i
i tation will allow the farmers just i
' about to break even on their harvest, j
they say. The hlgn wages which I
Wasco county farmers were compelled
Back the
Pacific
Northwest
Resources Over
. $3,500,000
Checking and
Savings Accounts
Bonds and
Trusts
Savings Dept. Open
Saturday Evenings
IOC
One group of suits
formerly priced up to $55
. $
Good suits from our regular
stocks; broken lines but excel
lent values for this price.
You'll be satisfied
$60 and $65
Suits and Overcoats
$s o
to pay during the last harvest is said
to be one of the reasons for the rela-
jyjRS. IDA HAMBURGH, of
Brattleboro, Vt., who says
she never dreamed there was any
thing on earth that would do what
Tanlac has done for her. Gains
twenty-seven pounds.
"1 think it is perfectly marvelous
the- way Tanlac has built me up. Be
fore I began taking it I was in
wretched health and only weighed 117
pounds. I now weigh 144 pounds and
my health is splendid.
"I never dreamed that there was a
medicine on earth that would cause
me to regain my former we-ight and
health in so short a time, but Tanlac
did it and I simply can not ,tell you
how grateful I am to this wonderful
medicine.
"I suffered for two years from In
digestion and dyspepsia and was in
a vory badly run-down condition. I
had a tired, worn-out feeling nearly
all of the time and rarely had any
appetite.
"At times I would have Indigestion
so badly that I could hardly breathe.
I also suffered from palpitation of
the heart, severe headaches and pains
in my back, but, thanks to Tanlac, all
of these terrible symptoms have left
me and I now feel as well as I ever
felt in my life.
"Another thing; I sleep Just splen
didly at night now and never suffer
from nervousness like I used to. Tan
lac is certainly a wonderful medicine
and1 I am only too delighted to recom
mend it to my friends." The above
statement was' made recently by Mrs.
Ida Hamburgh, of 316 S. Main street,
Brattleboro, Vermont.
Tanlao is sold in Portland by the
Owl Drug Co. Adv.
For Constipation
Indigestion, Sick Headache, Biliom
nets. Bloating , Sour Stomach, Ga on
the Stomach, Bad Breath or other con
dition caused by clogged or irregular
bowela, take
PCLEY CATHAHTICTASLETS
A wholesome and thoroughly cleansing
physic mild and gentle in action.
B B H.w.rd. Un.dilVa. Gs.: I find Foley
Cathartic Tablets tire me quicker relief irom
constipation than anything I ever triad."
a
D
o
Q
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o
s
D
o
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n
o
D
o
a
o
n
o
n
o
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IO
locaoi
tively high cost of wheat production
this year.
QUICK RELIEF FROM
Get Dr. Edwards Olive Tablets
That is the joyful cry of thousancfa
since Dr. Edwards produced Olive
Tablets, the substitute for calomel
Dr. Edwards, a practicing physician
for 17 years and calomel's ofd-time
enemy, discovered the formula for Olive
Tablets while treating patients' for
chronic constipation and torpid livers.
Dr. Edwards' Olive Tablets do not
contain calomel, but a healing, soothing
vegetable laxative
No griping is the "keynote" of these
little sugar-coated, olive-colored tab
lets. They cause the bowels and liver to
act normally. They never force them
to unnatural action.
If you have a "dark brown mouth
bad breath a dull, tired feeling sick
headache torpid liver constipation,
you'll find quick, sure and pleasant re
sults from one or two of Dr. Edwards
Olive Tablets at bedtime.
Thousands take them every night just
to keep right. Try them. 15c and 30c
Constipation
Is Relieved
Prompt Permanent ReHa
CARTER'S LITTLE LITER PILLS
rarely fail. Purely
vegetable act Jr'.Ji
surely but gent-
CARTERS
flTTLE
PILL.S
ly on the liver.
Relieve after
dinner dis- A
tress re- j
lieve indiges
tion; improve the complexion brighten
the eyes.
small PHI Small Dose Small Prlc
THE C. GEE WO
' CHINESE
HEUlbl.NU CO,
c. GEE WO b a s
made a life study
of the curative
proper ties poa
tessed In roots.
a e r b a. buds and
bark, and has.
compounded there-
t TO 111 nis wuouer-
,v T VH tul, w e l 1 -"
jnme dies.
Known
es. all of
'
which are p e r-
Jectiy narmiesa. as no P 01 son o u
orugs or narcotics ot
used In their make up. K.r, ,71
lung, kidney, liver, rheumatism, neu
ralgia, catarrh, bladder. ood nerv
ousness, gall stone and Jtrt -Tri
of men women and children. T
C Gee Wo's Wonderful and well
Known Root and Herb Remedies.
Good results will surely and O-uickii
follow
S,T 162Vfe FIRST STREET,
PARKER'S
HAIR BALSAM
aemoTr DaudrnfltnpftHmlrFjUUatd
RjwtnrM flolor at ltd I
Beauty to Gray and Faded Hair
;n?. na i.w sl ii ukkii-o.
HtfvT ("hem. WkK. Pw-tphocif , w. T.
i
t