The Sunday Oregonian., June 03, 1917, Section One, Page 10, Image 10

10
ROAD ENTHUSIASTS
SAY FIGHT IS WON
Leaders in Campaign for Bond
Issue Declare Converts Are
; Numerous Closing Days
MILITARY NEED WINS MANY
Reasons Are Shown Why Farmer,
Driver of Motor," Property Owner"
and Good Citizen Should Sup
, port Measure Tomorrow.
Leaders In the statewide good roads
fcampalgrn were confident last night of
success.
Bruce Dennis, manasrer of the legis
lative good roads committee;-8. Benson,
chairman; W. L. Thompson and D. J.
Adams, members of the State Highway
Commission; John B. Teon, Multno
mah County's good roads champion,
a rtd all others Interested In the cause,
predicted substantial majorities for the
' bill which will be before the voters at
tomorrows election.
Now that the United States has en
tered the great war the need for good
roads as a military necessity has been
Impressed upon the people and the
measure Is winning much support from
that viewpoint.
?.'Governor Wlthycombe Is advocating
the bill as a state and National asset,
S.nd Senator Chamberlain, who was In
Portland last week and who is chair
Ulan of the military affairs committee
In. the Senate, appealed to the people of
regon to. support the bonds on the
ground that good roads will prove a
bulwark of defense If the country ever
ik. invaded by a hostile force,
tense earnestness.
CunwlKn la Closed.
.The campaign for the bill was prac
tically closed last night, with meetings
Inyvarious parts of the state. Including
a number of addresses In Multnomah
County. Based on reports that reached
frood roads headquarters yesterady
from nearly every county In the state.
Indications are that the bonds will
carry. To Insure that result, friends
of the measure insist that it will be
necessary for Multnomah County to
poll a strong .affirmative vote. There
Is every reason to believe that the
vote outside of this county will give
the bonds a slight lead.
"The good roads Issue has been put
before the voters of the state honestly
and sincerely," said Mr. Dennis yester
day. "It Is grtlfying to all who have given
ef theirtime and their substance in
this cause to know that in every
county people who stand for advance
ment, people who desire progress, peo
ple who wish to see a greater Oregon,
' are supporting the measure with In
Motor Owners With Issne.
"It has been difficult to make the
. automobile owner understand that his
license fees have been Increased by
law, and the success or defeat of this
measure In Monday's election has noth
ing to do with the amount he pays as
license fee to the. state. Apparently
the last two weeks' work has overcome
this, and today almost every automo
bile owner Is out for the bonds be
cause he knows he has to pay for the
good roads, and must pay the same
Amount whether or not the bonds are
defeated. - '
- "Another fact that has been slow to
drive home is the fact that general
f. taxes will not be Increased. The home
owner who rightfully opposes high
' tuxes, for we are now taxed to the
1 Vmit In .Oregon, did not understand at
first that good roads could be built
without Increasing general taxes. He
mow understands the unique and satis
' "factory plan of the Increased auto 11-
ense which not only pays the interest
-"'" on the bonds but positively retires the
bonds in 25 years.
"'.ylL Friends Urged to Vote.
"Every citizen ho favors this move
. ".,'jnent should be sure to vote tomorrow.
Jt Is not only his ordinary duty, but it
e.is his patriotic duty. The United
States Government is asking' that Ore
gon construct these highways in the
belief that this Coast may some day be
one of the theaters of war. It is, there
lore, as important to vote and get your
neighbors to vote for the good roads
as it-is to buy a liberty bond.
"We cannot afford bad roads," was
the expressive comment of John B.
Teon in summing up the situation last
night.
"'Good roads would reduce the cost
of hauling farm products to market
from 23 cents a ton mile to 8 cents a
ton mile. In other words at least Sl.'O
a ton would be saved on every com
modity hauled a distance of 10 miles
from the source of supply to market.
"See what this. means to the farmer!
"Good roads also will save millions
of dollars every year in wear and tear
on automobiles.
Farmer! Are Affected.
"In addition to the cost of hauling,
J. .bad roads place a limit on the variety
v ef crops a farmer can raise. Such prod
ucts as fruit, vegetables, milk and
. cream depend upon good roads for
helr successful transportation.
' "Good roads simply make trade freer
remove the barriers between the con
sumer and producer and make food
cheaper."
1 O. Belland, member of the Legls-
-: - lature from Clatsop County, last night
.-...sent the following characteristic tele
' graphio appeal from Los Angeles:
"To the Oregon Voters If you love
' ' , - ytnf United -States; if you love our
glorious flag the flag of the free
-ajd If you love dear old Oregon, the
i state that God has done so much for
and Its people have done so little for,
go to the polls and vote for the road
bonds and help to make Oregon what
Qod has Intended her to be the great
4 est and best state of our Union.
.oiuemuer l iiii-L gooa roaaa eavea
i -J'aris and Verdun to the French In this
' ! Ssgly war and remember If we do not
3 keep our defenses to where they are
4 - needed our children will prehaps some
j ' day have to look upon a blood-soaked
i a-rag Imported from Europe flying over
J "our public buildings instead of the flag
'. we all love so dearly.
5 "If you could make a trip around the
,-7wrld as I have done and see what
"roads other nations have built for
j themselves and heard the people's sat-
imt action over the money spent . for
good roads, you would all rush to the
polls and vote 'yea.'
"Don't vote against the bonds be-
oause first roads don't come up to your
. front gate. Remember that the road
has to start somewhere and after a few
years they will be at your door. Let
il this election be known in history as
the day the Oregon people got together
and with their ballots scnped the moss
off each others' backs and started to
build a bigger and greater Oregon.
When I ask tourists down here to go
to Oregon they tell me, 'no, there are
no roads there.'
--"Dear people, tear down that obstruc
tion with your ballots. Vote for the
road bonds and your children will bless
you."
IL G. Enders, owner of extensive prop
erty and business interests here, is
planning an- addition to the block
which houses the Ender"s department
store. The addition will be of cement,
one story In height and will be about
4U ty 80 feet. A large fireproof ware-
bouse also will be erected.
VANCOUVER TO BE HOST
Oddfellows of Washington Arriving
for Grand lodge Sessidh.
VANCOUVER. Washr, June 2. (Spe
cial.) With the arrival yesterday of
the grand officers of the Offfellows
Lodge of Washington, Vancouver took
on the aspect of a convention city.
Commencing Monday morning at 10
o'clock, sessions of the various Odd
fellow state organizations, numbering
six or seven, will be held in this city.
Churches, theaters and lodge halls will
COTE LODOEMAN NAMED.
CHAPLAIN OF ODDFELLOWS.
Jt
Charles H. Powell.
COVE, Or., June 2. (Special.)
Charles H. Powell, of Cove
Lodge, No. 62, L O. O. was ap
' pointed grand chaplain of the
grand lodge by Grand Master
Trefern .at Eugene. This is the
first time within the past ten
years that any one of several
Cove lodges has so honored Cove.
Mr. Powell is one of Cove's fore
most citizens, is serving his sec
' ond terra In Cove Council, chalr
. man of Cove Cherry Fair Asso
ciation and is war census regis
trar for Cove, precinct No. 1. and
is pastor of Ascension Episcopal
Church and general missionary
for Eastern Oregon.
be pressed Into service as meeting
places.
The delegates and visitors from all
parts of Washington will number more
than 2500, it is expected. More than
400 are coming by special train from
Eastern Washington.
The convention will last five days.
though all the delegates will not re
main here for the full length of time.
TROUT PICNIC SCHEDULED
Vancouver Elks to Spend Today on
Salmon Creek. ,
VANCOUVER, Wash., June 2. (Spe-
claL) A trout plcnlo Is to be held by
the Vancouver lodge or Eiits tomorrow
on Salmon Creek, about a mile east of
the Steel bridge on the Paciflo High
way, eight miles north of Vancouver.
Fishing parties of Elks will ply the
streams of the county with hook and
line early tomorrow morning for the
trout, which will be fried or roasted
in open fires at the plcnlo grounds.
The wives, daughters and friends of
the Elks will go to the plcnio grounds
at 10 o'clock In the morning, and at
noon the big spread will be served.
Some of the best fishermen in the coun
ty are numbered among the early
morning angling parties and a feast
for all is assured.
SENIOR GIVES 6500
University Women's Building'
Fund at $15,000.
MEMORIAL GIFT IS MADE
Sirs. C. A. Dolpb, of Portland, Sends
$500 for Fund, in Honor of
Husband, Who Was Member
of Board of Regent.
UNTVERSITT OF OREGON. Eugene.
Or, June 2. (Special.) A check as a
graduating present and another as a
memorial. the two- totaling iuuu.
raised the fund for the Women's Me
morial buildincr bv that amount today.
The donor of the first check was Miss
Mary Chambers, a member of the grad
uating class and a senior in the uni
versity from Eugene. The seoond check
was written by Mrs. Cyrus A. Doipn,
of Portland, who gave the J 500 as a
memorial to her husband, who for a
number of years during his life was
a member of the board of regents.
This swells the fund for the women's
building to something near $15,000.
The goal for the fund Is $100,000, and
the campaign for the money is being
aided vigorously by Mrs. G. T. Ger-
llnger, of Dallas, and a member of the
board of regents.
Both gifts today were big surprises.
"Just a little gift to the university
as a graduate," was the simple state
ment of Miss Chambers as she gave
her gift. She is a member of Kappa
Alpha Theta sorority. Besides these
two gifts.. the fund was also added to
by personal subscriptions of the
seniors and the grant of the class of
$300 or more in the treasury.
BEMSON ENDS CAMPAIGN
ROAD BOXD O.CESTIOW IS SOW tP
TO THE PEOPLE.
Marriage Iicenses Are Issued.
, OREGON CITT, Or., June 2. (Spe
cial.) Marriage licenses were issued
here today by County Clerk Iva M.
Harrington to Margaret Payenkopf and
John Kunzman, Oregon CSity. route 3;
Clara Rotter and Harry Rittner, Bull
Run, Or.; Faith I. Toung and Edward
Underwood, Boyd, Or., and Hazel F.
Erlckson and Edwin G. Berdine, Mulino,
Oregon.
Phone your want ads to The Orego-
nta-n. Main 7070. A 6095.
Cities Would Eay SO Per Cent of tke
Cost of Rural Highways. Says
Commissioner Adams.
EUGENE, Or., June 2. (Special.)
S. Benson, chairman of the Stats High
way Commission, and E. J. Adams,
member of the Commission, closed their
campaign for- the $6,000,000 hard-surface
road bond issue here today with a
final appeal to the voters of Lane
County. The first meeting was held
in Caunty Park and was largely at
tended by people from all sections of
the county. The second meeting was
held tonight in the rooms of the Eu-
frene Chamber of Commerce.
Mr. Benson stated that the policy of
the State 'Commission was that roads
best suited to motor traffio shoald be
built where motor traffio predominates
and that roads best suited to other
traffio should be built where other
traffic predominates.
"People who live on the side roads
can't expect those roads to be im
proved so long as the counties must
bear the burden of the tnrougn nign
ways," he said. "This bill will place
this burden where It belongs, on the
state, and release the counties so that
thev mav build the side roads."
Mr. Adams said that he could not
understand the farmer who opposes the
bnndinsr nlan.
"Here is a chance to build roads In
the country and have the cities pay 80
per cent .of the expense," he said.
"Eighty per cent of tha autos are
owned bv people Jiving in me cities.
Yet some of the fellows In the country
are opposed to the bonds.
v
FLORAL SOCIETY ELECTS
Date for Pendleton Show Will Be
Set at Meeting Friday.
PENDLETON. Or.. June 2. (Special.)
A floral show will be held here this
year. The date will be determined at
a meeting Friday night.
Officers of the Pendleton Floral So
ciety were elected last' night: Presi
dent. Dr. I. U. Tmple; vice-president.
Mrs. Gidean Brown; secretary, Mrs.
A.- F.- May; treasurer. Miss Grace
Oliver. Roses are Just coming Into
bloom here, so it Is expected that a
fine exhibition caa be made.
Baker will be Mayor. Adv.
Seashore Playgrounds
Are Ready!-
Special Week-End Train Service
to
GLATSOP BEACH
Saturday, June 9
Returning Sunday Evening. y
Week-end special leaves
Portland 2 :00, arrive
Astoria 5:00, Gearhart
5:46, Seaside 5:55 P. M.
Returning Sunday even
ing, leaves Seaside 6:30,
Gearhart 6:S7, Astoria
7 :20. Rainier 8 :59, arrive
Portland 10:20 P. M. .
Week-End Round Trip From Portland $3. Season $!.
City Ticket Office Fifth and Stark
Station Tenth and Hoy t
BOND YOUR LIBERTY BY BUYING A LIBERTY BOND
ANNOUNCEMENT
NEW WORLD LIFE ESfSURANCE COMPANY
of Spokane, Washington.
The third largest capitalized company in the United States, with the largest proportion of assets to liabilities.
ANNOUNCES THE AMALGAMATION
by purchase of
COLUMBIA LIFE AND TRUST COMPANY
of Portland, Oregon,
the oldest and one of the most conservative of Pacific Northwest Companies.
. STATEMENT.
" " . Columbia Life & Trust as of Dec. 31,. 1916.
ASSETS.
Real estate 14,257.42
Mortgages and collateral loans 544,683.99
Policy loans .'. T . . 71,314.13
Premium notes 37,782.48
Bonds and stocks . 15,051.00
Cash in company's office and in banks 40,290.96
Bills receivable, $3827.94; Agents balances,
$1048.47; Taxes, fees and insurance advanced
$5240 6,400.91
Total ledger assets $ 728,780.89
No -Ledger:
Total interest and rents due or accrued 11,104.53
Net amount of uncollected and deferred pre- .
miums 38,680.49
All other assets . 6,948.73
Gross assets $ 785,514X4
Deduct assets not admitted 13,088.43
STATEMENT. ,
New World Life, Dec 81, 1916.
ASSETS. '
Real estate - $ 30,373.99
Mortgages and collateral loans................ 1,476,327.45
Policy loans 8,755.05
Premium notes 3,894.28
Bonds and stocks 66,221.62
Cash in company's office and in banks 252,217.01
Bills, receivable, $344.90; agents' balances,
$8664.77 9,009.67
Tax certificate and tax redemptions........... 3,716.00
Miscellaneous:
Total ledger assets $1,850,615.07
Non-Ledger:
Total interest and rents due or accrued $ 62,804.08
Due from other companies for losses or claims
reinsured 41.54
Net amount of uncollected and deferred pre
miums 10,482.49
Total admitted assets $ 772,426.21
LIABILITIES. ' '
Net reserve 526,461.18
Present value of amounts not yet due on supple
mentary contracts not involving life contin
gencies Reserve, special or surplus funds not included
above .'
All other liabilities ..........................
Gross assets $1,923,843.18
Deduct assets not admitted 12,922.55
10,228.00
1,119.00
6.050.94
Total admitted assets $1,910,920.63
LIABILITIES.
Net reserve $ 178,295.57
Coupon liability 12,574.48
Reserve, special or surplus funds not included
above 2,767.93
All other liabilities 14,103.19
Total liabilities (except capital and surplus).. $ 543,859.12
Capital stock paid up $200,000.00
' Unassigned funds (surplus) 28,567.09 228,667.09
Total liabilities, capital and surplus '.$ 772,426.21
Total liabilities (except capital and surplus).. $ 207,741.17
Capital stock paid up $1432,680.00
Unassigned funds (surplus) 670,499.46 1,703,179.46
Total liabilities, capital and surplus.... $1,910,920.63
STATEMENT.
Combined Companies as of last Statement.
ASSETS.
Real estate $ 44,631.41
Mortgages and collateral loans 2,021,011.44
Policy loans . ; '. '. 80,069.18
Premium notes 41,676.76
Bonds and stocks . . '. 81,272.62
Cash in office and banks . ... 292,507.97
Bills -receivable 4,172.84
Agents' balances 9,713.24
Taxes, fees and insurance advanced . 4,240.50
Total ledger assets ,
.Non-Ledger:
Total interest and rents due or accrued. . . . .$ 73,908.61
Due from other companies for losses reinsured 41.54
. Net amt. uncollected .and deferred premiums 49,162.98
All other assets....." 6,948.73
Gross assets
Deduct assets not admitted.
Total admitted assets.
LIABILITIES.
Net reserves . $ 704,756.75
Coupon liability 12,574.48
Present value of amounts not yet due on con
tracts not involving life contingencies 10,228.00
Reserve, special or surplus funds not included
above .., 8,886.93
All other liabilities 20,154.13
Total liabilities except capital and surplus)
Capital stock (paid up) 1,332,680.00
Unassigned fund (surplus)..... 599,066.55
Total liabilities, capital and surplus
$2,579,295.96
$2,709,357.82
26,010.98
$2,683,346.84
$ 751,600.29
1,931,746.55
$2,683,346.84
The assets and character of business of both companies have been the occasion of particular approval by the
Insurance Departments on every examination.
THE ATTENTION OF THE POLICYHOLDERS of the Columbia Life and Trust is called to the fact that:
WHEREAS, ample protection was accorded them in the past by a ratio of $1.42 of assets to every dollar of
liability, the consolidation of the two companies INCREASES this ratio to approximately $3.55 of assets to
every dollar of liability, or GREATER THAN ANY LIFE INSURANCE COMPANY IN THE COUNTRY
HAVING AS MUCH, OR MORE BUSINESS IN FORCE.
The opportunities of agent in representing the consolidated companies and the protection of policyholders
is greatly increased. .
NEW WORLD LD7E INSURANCE COMPANY NOW RANKS FIRST AMONG NORTHWESTERN LIFE
COMPANIES IN POINT OF ASSETS AND IN PROTECTION TO POLICYHOLDERS.
The consolidation of the companies has received the written approval and indorsement of the State Insur
ance Departments of Oregon and Washington. There are over $500,000 in gilt-edge securities deposited with
the State Treasurer of Oregon to protect the policyholders of the Columbia Life and Trust Company. In addi
tion to this deposit New World Life Insurance Company has over $2,000,000 in assets to further protect its
policyholders, making their protection the strongest afforded by any life insurance company in the United
States. -
The company will continue to make loans as usual in this territory.
PREMIUMS WIL BE RECErVED and all of the business pertaining to the policyholders of the Columbia Life
and Trust will be transacted in the name of -Columbia Life and Trust Company for the time being as usual through
the company's office in the Stevens building, Portland, Oregon, which will be maintained in charge of Mr. M. M.
Johnson, former secretary of the Columbia Life and Trust Company, and Mr. Joseph H. Gray, Agency Supervisor.
K . Home Office Old National Bank Building, Spokane, Washington
Portland Office Stevens Building, Portland, Oregon
., NEW WORLD LIFE INSURANCE COMPANY
PYRAMIDS OF PROGRESS
End of Tear
1911
1912
1913
1914
19 1
1916
Insurance in Force
$
207,000
1,217,500
2,434,950
2,475,700
4,572,495
Assets
$
394,921
843,027
1,404,909
1,716,404
1,827,408
6,102,075 1,910,920
COMBINED COMPANIES, Al OB" LAST STATEMEVT.
Surplus to Policyholder
$
393,794
832,634
1,330,602
1,639,681
1,694,276
1,703,179
$15,569,000 $2,683,346.84 $1,931,746.55
SURPLUS TO POLICYHOLDERS $1,931,746.55
-
Ashland Store to Get Addition.
&;:iRHTCTb Or Jan !-C20cJaLl
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