The Dalles daily chronicle. (The Dalles, Or.) 1890-1948, May 03, 1921, Page PAGE THREE, Image 3

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    THE DALLES DAILY CHRONICLE, TUESDAY, MAY 3, 1921.
PACE THREE
4
Lucky
Strike
cigarette
REPEAL GUARANTEED
(Continued From Page 2.)
must be considered affecting food
.products from the American farm in
' their relationship to imports of like
products from foreign countries.
; "Our center of production from the
farm of food products is somewhere
in the Mississippi valley, while our
center of consumption of food prod
ucts is in the populous areas tof the
east, many hundreds of miles, away
from the center of production.
"Ocean rates, from competing coun
- tries are so much lower to our con
'.suming centers than are the exorbl-
tant and increasing freight rates from
our own farms to our own consumers,
that we urge a consideration of this
very important condition now menac
ing the farmers of the south, west
and middle west.
Sales Tax Opposed.
"Agriculture neither asks nor de
' mands any special favors in the Ye
vision of the tariff, and will tolerate
. no unfair discrimination against - it,
for the benefit of other branches of
industry.
"The committee highly commended
the section of the president's message
?in which he said,, 'Thje country does
GRAND
Tonight and
Wednesday
J. Parker Read, Jr.
Presents
LOtTISE GLAUM
In
"THE LONE WOLF'S
DAUGHTER"
One of the year's
greatest
melodramas.
COMING
Thomas Meighan
In
"THE FRONTIER OF
THE STARS"
RESOURCES
Loans and Discounts 1203,342.07
Stocks and Bonds 28,687.70
Overdrafts .' 3,986.02
Banking House .. 74.Wf.85
Furniture and Fixtures 21,280.37
Current Expenses and Taxes paid .. 15,278.54
Cn on hand and Due from Banks .. 164,155.03
Opened for buslneM
Statement call
Statement Call
OFFIQER8
P. J. ttatfelman, President
Dr. J. A. Reuter, Vlce-Pres.
H. C. Greene, Cashier.
J. F. Tureck, A set Cash.
not expect nor will it approve a shift
ing of tax burdens.' The committee
recognises very little value in the
great amount of propaganda that has
been carried on during the last year
from the shifting of taxation from
income to consumption tax and be
lieves it economically unsound, social
ly unjust and governmentally inexpe
dient. "The general sales tax would shift
the burden of taxation from income
and excess profits to a tax on fun
damentals such as food, fuel, clothing
and shelter.
"A strong effort has been made to
repeal the excess profit tax, but as
no better way for raising an equal
amount of revenue has been found the
federation opposes its repeal.
Farmer Needs Aid.
"More than 116,000,000,000 in securi
ties now escape a federal tax. The
federation recommends to congress
that it submit to the several states a
constitutional amendment prohibiting
the issue of all tax free securities.
"Recent experiences have demon
strated that the farmer is not being
adequately financed through our
present system. Wfoen he avails him
self of the pVesent short time com
mercial credits he jeopardizes his wel
fare. "To improve this situation the
American Farm Bureau federation
urges legislation which will provide.
the proper authorization for commod
ity financing based upon warehouse
receipts also for cattle financing bas
ed upon the proper pledge and for
personal rural credits secured by the
proper insurance features. It also asks
that the profits derived from the fed
eral reserve banks be made a revolv
ing fund which may be used,, to pro
vide working capital during the inter
AFTER a baking falls
x. becomes tough or soggy,
you can't make it tender and
tempting. It can't be "fixed."
It is like spilled milk
"wasted."
But, there is away to pre
vent this waste every
woman should use it be
cause a bake day loss these
days is a real loss.
Calumet Baking Powder pos
itively prevents failure. It
has been doing it for millions of
housewives for a third of a century.
BESTBY7EST DAIIinil KUWUCK
Makes most palatable and sweetest of foods
The biggest selling Baking
Powder m the world. Pro
duced in the 'largest; most modern,
sanitary Baking Powder Factories.
Possesses only such ingredi
ents as have been officially
approved by U. S. Food Authorities.
Most economical in cost and
use. You save when you
buy it. You save when you use it
Pound can of Calumet contains full
16 oz. Some baking powders come in
12 oz. instead of 16 oz. cans. Be sure
you get a pound when you want it
REPORT OF CONDITION OF
The Citizens National
Bank
The Dalles, Oregon
At the close of business April 28, 1921
Capital
Surplus
Earnings
Deposits
$511,277.28
-Jan S, 1921
Feb. 21, 1921 ....
Ar. 28, 1921 .,
.. Deposits
Depeslts ..
Deposits ..
im between the time when requests
"for money are received and the sale
of the debentures. It Is suggested that
these debentures be made eligible for
sale in federal reserve banks or on
the open market. It is also suggested
that the federal reserve board be giv
en proper authorization to so classify
'rediscounts that primary production
may be given adequate consideration.
The federation recommends legisla
tion which will make it possible for
the federal farm loan banks to in
crease their maximum loan from ?10,
'000 to 125,000 and it urges' all the
country banks to join the federal re
serve banks.
Telephone Increase Hit
"A committee has been appointed
to cooperate with the (Washington
office of the federation in making a
careful study, getting data, securing
the advice of experts and formulat
ing such a measure as will meet the
financial needs of agriculture as out
lined in these resolutions.
"Since it is represented that vari
ous public utility corporations such
as the American Telephone & Tele
graph company by use of subsidiary
corporations are enabled to secure
from the public, where subsidiary cor
porations operate, excessive charges
for service in such a manner that the'
public service commission is unab'le
properly to regulate rates, we recom
mend that our attorney be instructed
to take such action in all cases as in
I his opinion will secure relief for mem
1 bers of the farm bureau and the pub
lic generally.
f "The American Farm Bureau fed
eration, believing it is contrary to the
public Interest, is opposed to placing
a tariff on lumber, either rough or
dressed. It is committed to a definite,
CALUMET
Calumet Jelly
Roll
Recipe
3 eggs beaten
separately, 1 cup
sugar, Vi cups
pastry flour, 2
level teaspoons
Calumet Baking
Powder, Yi cup
warm water
flavor. Then mix
in the regular
way.
LIABILITIES
$160,000.00
. 16,000.00
6,582.21
: ... 328,695.07
$511,277.28
$ 68,198.90
220,396.58
328,695.07
DIRECTORS
P. J. Stadelman
Arthur Seufert
Dr. J. A. Reuter
Dr. B. C, OHnger
H, L. Kuck
J. G. Helmrich
John Van Dellen
constructive forest preservation and
reforestation policy.
"The federation also declared
against tariff on fertilizer."
Meat Regulation Asked.
'A committee was appointed consist
ing of John Brown, Indiana; W. O.
'Jamison, Colorado, and Chester H.
Gray, Missouri, to make a study of
Music Shoals nitrate project in Ten
essee, to hire necesary engineers,
and report their findings to the ex
ecutive committee.
"The federation recommends fnat
'N doors or out
Pancake Flour adds
flavor and lessens the labor.
Simply add water or
milk, mix and cook.
The Olympic Line includes your favorite cereal,
sanitarily milled, packed, wrapped and sealed.
EMPRESS
COMING WEDNESDAY-
The Challenge of
the Ages
How to Please a
Woman!
The problem that has
built and wrecked em
pires, made and mad
dened men since the
world began.
At last presented,
warm with life, in
a fascinating drama
on the screen!
You'll want to see this vividly intimate photoplay
bares the secrets of the most vital power on earth
woman to make or break the man who loves her.
TONIGHT Last Time.
"TRUMPET ISLAND"
By Gouverneur Morris
With
The Big Spectacle Scenes Played by an All-Star Cast
there should be necessary legislation
concerning the meat packing industry
and livestock marketing to insure the
livestock producers against unfair
practices. We reaffirm our previous
resolutions asking for fair and just
packing legislation.
"We believe any regulatory control
should be vested in the United States
department of agriculture rather than
in a separate commission.
Ey.es tested, glasses ntted. Or. Geo.
K. Nowhouse. tl
Olympic
to the
m em vbbbbbbbbbbbbbbbbbbbbbbbbbh -bi
Ml li I I I tat BHHBII
Home of Superfeatures
Please
One
Woman"
JpfsWeber
PRODUCTION r
Qpicure
Look out!
Look out!
Look out
for
Jimmy Doyle!
CASINO THEATRE
t
The one thing in all
the world that man
tries most to do ! And
when he succeeds or
fails?
A shimmering, thrill
ing beauty romance
drawn from the hearts
and homes that are
American today.
romance. A story that
today the power of a
II