4'. THE OREGON STATESIIANSALEM, OREGON Tfie iOregon Statesman Ihm Dsily Except Monday y T2ZZ! gTATT.M A yPBr.Taimf Q COSfFAVY SIS Somth Commaralal St, 8U, Oregtm R. J. Handrieka -Frad J. Toaaa Irt S. MeSherry -Park Brania . Adr4BmBeh Maaagiag-Editer : - - City Editor Telegraph Editor Shirty Editor - W. H. Headeraoa v Ralph H. Kletciag v Prank Jaakoaki- -. E. A. Rhotca , W, C. Conaar - - Otrealatto Mtitcu AdTertiainC Mifr : Mnuet Vk Drat. . Uveatock Editor . - . - Faaltry Eaitor - yrnit or THB ASSOCIATED FEES - f. r Aiaefatod PrM to elWal entitle to ts for publication nil nava Cirpateh erditad to rt ar ao ikerarua hmiim b 1114 plax . w rwa pliabad aarala. . - -. ';:"';- - " " - Bvnmi orrzczst Jamvaa Katlay, 3 War-aater Bldf, Portland, Ore. tiMti Y. Clark Ca, New York, 128 138 W. .lt St.: CMcaf. HaroaaMa BMf.; Baalaaaa Offiea tl or S3 tUciety Editor 0S mEFBOSXl!,' ' " Job Department 581 K ews Department 23 ar 108 Circaiatiea Office 583, EaUred at the Past Of flea is Salera, Orr a. u aeeead-elaaa auUtor. November O, 1026 ' ' HONOR THE LORD "Give thanks onto the Lord, call upon Him. make knows His deeds among all the people. Sing unto Him, sing psalms unto Him. talk ye of all His wondrous works. 1 Chron 1618. 5. v: " CITY OWNERSHIP WILL CARRY AGAIN In 912, (is that the proper date?), fourteen years ago, .t Salem voted on the question of the municipal ownership of ' the city water works, and carried it : . . The price being about half the present price agreed to by : the board of, appraisal But the value of the' property has ; grown in'that time to the' present agreed figure; by -the cost' of additional mains and machinery etc., etc., as shown in the 1 figures upon which the board of appraisal made its iindings These fimires (and facts explaining them) make up a thick book,., which will now be intensively studied by the specia committee provided for by the committee of business meniat its meeting last evening the committee named by the mayor .about a year ago to help get a valuation of the property on which to submit the question. to the voters of . the city. " ". - . The matter was defeated by the veto of the then mayor 5 (Louis Lachmund) of the ordinance providing for the sale of : the necessary bonds to raise the money to make the purchase authorized by the people . . ? ; - , ' A veto that came very near being overturned by a two- thirds vote of the city council. ' . 1 y: Had that veto been overridden, the city would now be ' much further along on its way to a water system adequate for the needs of a much larger Salem, which is coming. Now there must be (and will be) full publicity, with al the facts and figures before the people, with every one given a chance to say his say "And city ownership of the water works will be carried . again ; and by a proportionately larger majority, for the need is greater now than it was then ; and Salem is a more pro- gressive city than it was then. Texas Awaits Murder Trial of Ft Worth Pastor .SATURDAY "MORNING, NOVEMBER 6, 192G -rt . ...... - . . . lV -. - - . . V . .-ae. - . a- trfia--. -ar a-j- erating income for the year, end-j tire them would require an annual ' - aag I finp- Siip pN x' ' "i '1- "' r-i' - f H 1 rZ- 1 Mm I fIBfi ' i ii i t i mi in i ' in in n n mtttm IHTEftIO OF COURT ROOM t rm. ... All Texas, as well as neighboring states, are interested in the murder trial of the Rev. J. Frank Norris, Ft. Worth pastor, who goes on trial November 1 for the murder of D. E. Chipps, wealthy lumberman. Chipps was shot down a- he entered Rev. Norris' study to protest against some of the pulpit preachings of the minister. Accompanying photo shows the First Baptist church of Ft. Worth, where Rev. Norris was tha pastor, the interior of the courtroom where Norris will stand trial, and the principals in the case. Judge Hosey will hear the case. Mrs. Chipps, widow of the victim, and Mrs. Norris, wife of Rev. Norris, both will be important wit nesses, . ' ing December 3 1. 19 Z6. II s oper ated w upon the basis '-as shown, would hare been. S73.C37. This'. therefore. Is a conservative -state-' ment of. the total. reTenue which the City of Salem ean expect to receive if the. plant is operated by them, and if the present rates are not changed. - ... The compau'y hashown an in crease in us gross revenue iroin year to year, averaging about,, 9 per cent per year over the . past five years, and there 1s no reason why such an increase should not continue, but rather than estimate what the future mar hold forth. I have used only the net income for the year 1925. r ' - ' I have considered that the City of Salem, In purchasing this plant, will assume the existing bond issue, amounting to $330,000 of C per cent bonds, due July 1. 1937, and issue bonds for the balance of the purchase price, which would necessitate a bond Issue of $462. 000 as of March 31, 192$, not in cluding the additions from that date to the date of the transfer of the property. These additional bonds will undoubtedly, or at least in my opinion they should be, of a serial nature, but In my caicuia Hon I have used as a basis a sink inr fnnd issue, as it is easier of calculation, and the total cost tc the community over the period or the life of the bonds would not b greatly different than if they were serial bonds. . .. .; The financial standing of the City of Salem is excellent, ana there Is no doubt, but wnat, nasea upon the present market, the city will, be able to, sell its securities for the purchase of; this property upon approximately a 4.70 per cent basis, and if the securities soia were to be retired through a sink ing fund-based upon a thirty-year life, the annual . requirements ior this sinking fund wonm ne, ii tne funds were invested In securities S with interest compounaea at me rate of 4 per cent per year, 1.78 per cent. Therefore, the , annual charges which the City of Salem wouia have to pay, in case they purchase and operate the property of the company, would be as follows: Interest $330,000 at 6 per cent $19,800 $562,000 at 4.70 per cent.. 21,714 Sinking Fund $462,000 at 1.78 per cent- 8,224 PRUNE GROWERS WILL ORGANIZE , "rphe prune growers of the Willamette valley realize that something must be done in 'the wayof 'securi ag.be tUr prices , and markets or, many of the orchards wilLTi4ve;to, be aban- doned.- Many tons of the fruit remained 'Unpicked this fall. Tp this end the federal department of commerce will send '-one of its cooperative marketing specialists to Salem to help irt organizing Oregon and Washington into a cooperative sell ; ing association. Work will start at once, and it is hoped and expected that the prune growers of both states will give the v organization solid backing." The paragraph quoted above is from a current bulletin from the office of State Market Agent Spence t' - And it is important news. If the Oregon prune industry is toie stabilized on a basis . that' will give profitable returns to the growers, it must be ;-, organized V ; , There must be ways provided so that the growers will be ? ; able to keep up their orchards ; to take care of their fruit' with ' sufficient dryers; to get advances for harvesting, and to have , something left over f of the use ofheir land and for taxes, besides something for their own work. 1 ; 1 These things cannot be guaranteed with Calif ornia prunes selling two cents a pound higher than Oregon prunes. They are not worth it. They are not worth any more. In fact, there is a great public preferring or that will prefer the Ore gon tart-sweet prune to the California sweet prune, f l v f And a little advertising and a lot of good merchandising will put our prunes on an equality in price with the California product, if -not higher. t " Then we must have our growers given help in changing over partly to the large sweet prune, like the Noble French, so that Oregon prunes of the sweet kind will sell atthe same price as the highest priced California prunes. of pumping; with the sale of pow er on the way down, to help keep p the interest payments. '-' .- - mm . a ; "The Black Pirate" is on at the Elslnpre; some-thing different in color pictures; the technicolor, , " V ' "a "a S ' ' r The prune men of . Oregon are getting into action with a- view to cooperation. That's the stuff. That is the only way to stabilize theprune Industry, .Without or ganization, the prune industry woold be in a bad way, with a worse future. , a The Prun-Port proposition is going over nicely, according to those "in the' know," and Salem Is to have another factory; one that may become a great institu tion, with large profits, and hol lering up the prune industry. ;i 1 EGGS TO THE MOON AND BACK- J , . The growth of the poultry industrylin the last: fifteen ; years has been amazing. TJoday it is one of the big agricul- . tural industries of the nation. The United States department 9f agriculture states there are 400,000,000 chickens in the United States at the present time. To give one an idea , of : , the immensity, some one has figured out that, in sinjrle file ' this population would inake a procession 100,000 miles long and the eggs laid from the hens in a year, if laid end to end would reach from the earth to the moon and back aeain. . ?. . The Salem district is -each year adding a larger quota to ' this 100,000 mile procession, and to this ribbon that would reach to the moon and back - - - " And must keep on keeping on. . . ; ; - I Poultry goes with everything on the farm, from filberts and brush fruits to cows and swine. There is no danger o k too big a boom in the poultry industry in thi3 district, and there is already a very fair sized boom on. Bits For Breakfast r ' Full publicity .-- - With all the farts and flgU . And with 'evrjr. ope k'vrn : a iChauce ti say his say.- That is what we are to have on the ques tion of 4Vity -ownership of the - water works.. And then the vote or h people will bo all but unan linous in lavor of tho propoaitloa. . . -, s "i Z'uhn- rs45ny- firsueat ravor of it.; The big one, however Ip. the? ability of the city, to bor rtiw money at a lower rale thanl i an ue oitiained oy a private eom Paayjsnd the fact thatf loyns may we reiunlnl. carrying on to, com ing generations sorue of the cost of improvements oil a major scale that could not Ira undertaken' by private companies . . 1 :.- Thus larger main May be put in. with a view to the city growth. And we may look for ward f to f mountain 'supply lrtjaght An -by.-iyavitaUeh. instead UOVHOOD FRIENDS VISIT J. tJ amh, living ar 68.4 North Sixteenth street, received ; a1 glad surnrise on Wednesday whent'h answered! the door bell and found Elmer ard Rynier .Brown of Jlall ey, Idaho. They were boyhood friends wtom he had not seen for 50 years. In Valparaiso. IndL. 50 years ago the Brown and Unruh boys were able to give Huck Finn and Tom Sawyer pointers in mat ters of clan loyalty and resource ful support In time of trouble. With these tried and trpe- sup porters at -handy-Mr. Unfuh 'an nounces he is able to cope wlh aryone. A' son of Mr. Brown'came with. - him and is hearing: things aboujt his father-, he never ans- pected beforell - l,, WATER SYSTEM OWNED BY CITY GOOD PROPERTY (Continued from page 1.) pay rates sumcient ioiaKe care of the depreciation on. the prop erty, and at the-.same time to set aside a sufficient amount to retire the bond issues.- - Accordingly, In my calculations. I have not included any annual al lowance for depreciation, but I have taken into consideration the retirement of these bonds wheX they become due. - r It will be noted that I have included an item of expense for taxes, amounting to $8,260. The total taxes paid by the company for the year 1925 was $19,661. but included in the total amount were the following items which would not be an obligation of the City of Salem: Federal income tax $ 4,680 Federal tax (other. than in- n come) ....:.'....'.,.". 4ti Corporation tax 220 Filing fee. 200 State and county-tax&f. 5.S80 ana I have therefore included all of these levies In my items of ex- ,pense. ;. It will be noted that the net op- deposit larger than would be prac- cable. and it , would probably be more feasible to issue , refunding bonds for the existing issue at the time they .became due. . The total annual charges as shown above, wW amount to f$r738Y and'the net operating income shown for the year 1925, was $73,637, leav ing' balance of $23,899. " In other words, it tne property be taken over by the city, and op erated as it is now being operated, without any reduction in the pres ent rate schedule, and not taking Into consideration any increase in revenue-daeto the growth of the mmmnnitr. v which increase has averaged over recent years approx imately 9 per cent year, the in come will be sufficient to pay, the Interest on the outstanding bonds. and also the interest and sinking fond or retirement charges on the additional bonds necessary for the ourchase of the plant, and in ad ditlon. there will be t balance of 123.SS9. This balance would be sufficient to pay jthe interest and sinking fund or retirement charg es on an additional bond. Issue of $368,812 Expressing this In another. way,. the city could afford to pay $1, 130,812 for the property and bus iness of the company, and' the income would be sufficient, to take care of all the charges I hope that the above statement will give you the necessary data and I shonld be pleased to furnish any additional Information ' you may desire. Yours very truly; .ERNEST C. WILLARD, t rC?onsultlng Engineer.' Noted 'Explorer Goes to London A Dr.' Roy Chapman ' Andrews, 'famous explorer, photographed 1 as he ails fromNew York. He a 'to 'lecture .before -the Royal Geographic and Asiatic societies, iqndon. ..-. , ; . : '.. . . , .. ; Get s4 '0 Total : $49,738 If will be noted that no amount has been set up in the above table for a sinking tund.for the. $.3. 3.0V 000 of 6 per cent bonds due in 1937. These bonds have 11 years to run, and a sinking fund to re- it Have it ready , to check your One should keep on hand at all times the maximum help for a cold. If you take it at the first sneeze, not one cold m ten .will get started. If you take it promptly when the cold develops, it will check the cold in 24 hours. The best help ever evolved for a cold is called HILL'S. It was devel oped in one of the world's largest lab- m a m m 4k. m tek. ot moaern aiscov- mrmM nrn plete that we paid $1,000,000 for it. . ' HILL'S does all things at once. It checks the cold, stops the fever, opens the bowels, eliminates the poisons and tones the entire system. After using, one generally feels much better than before the cold began. : If yott.have a cold, start HILL'S promptly. Every hour of delay brings new. injury. Don't rely on any lesser P-m22c he,P When you once ns HILL'S iTITfllf It y never for- cries. It has proved WtOUfUW JVUiJIUlHL Et the r way itsel f so efficient, Sr ; to de with a so quick, so com- CeiBWBssoSrp wiiapertraii coid. - - ) - I, a ai - . t ; ; . !r : j " - . - : r - . - ' r , i..r. V - ' - - j - - , j Ba b y's Picture' I j- . . - Reedsport -"'Outgolng'carload sh ipments 1 of many classes of goods,' denote good business. ' Included in the above amount of taxes wast $5 to cover the fac tory. Inspection fee, which. I have also included in my expense. It Is true that the city of Salem would not pay any taxes upon 'its plant, but they would be deprived of the revenue which is now re ceived from taxes by the company, which, however, is less than-one-third of the amount which I have included: The balance of the amount included is marie up of county scjiool and library, and special school tax levies, all of which I have included, as they are levies in which the citizens pf Salem are particularly interested, and if the revenue is not obtained from the- taxes paid by the com pany, then it must be made up in some other way. probably byad ditional taxes paid by the citizens, Queen Marie's Son Tests Auto - - z V N, -- ; -1 n ,' , y v. y . L -pru - . - - - y While In Paris Prince Carol of Rumania, who. reports ''sayia soon; to-be restored to the. right of succession to the Humanlaa throne, which he1 recently renounced, put 'a new gearless and clutch less automobile to a lest, lis is shown hero at the wheel of the new car,which la" the invention of M. Constantincsco, who- is pic tured seated -beside the prinrev Vs . r v i -. ;J as the Supreme Christmas i ! i , - . -i 4 -i T I :s .1 All your friends and relatives will cherish a picture of the baby.'V : . l , , y It's something they can keep through the years. It's such fun to compare photographs taken at different stages Everybody loves the little fellow I JThey'd like noth ing better than to possess a splendid likeness of him! . of his growth and devel&t' y " Come in and see about it today - MODERATE PRICES I t j"- ry v';- . . T-y. s ; - KNNEL;L.-K:S 1 Portrait Studio -f-"V; V-.' 4 2 9 V Or e g on Building SALEM ALBANY EUGENE a f,-ie. . . ft. m LAAAAAAAAaAAA.il 4a. A A. 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