ASHLAND DAILY TIDINGS
PAGE TWO
W ednesday. October 2 5, 1922
v eteran s in th is p a rt of Oregon, who
of a proper board of d irecto rs— one
have com pleted th e ir tra in in g couses
su rro u n d ed by the influences th a t
and scores of o th ers will finish
E ita b lish e d 1876
spell in tellig en t, forw ard, sound ad ­
Published Every E vening E ieep i j
¡heir vocational work w ithin the
m in istratio n .
Sunday
next
m onth or two, according to Mr.
His next m ost im p o rtan t duty as
THE ASHLAND PRINTING CO.
McNulty.
Many of these have s tru g ­
a stockholder in th is corporation, is
OFFICIAL CITY AND COUNTY
gled
for
two
or th ree years to m a s te r ,
to keep’ posted on its finances, the • W. T. M cNulty, recen tly ap p o in t­
PA PE R
a
new
occupation
and surely deserve
han d lin g of w hich determ in es how ed em ploym ent head of tire U united
TELEPH O N E 39
consideration,
he
stated
. A ppeal for
m u ch -tax es he will have to co n trib ­ S tates v e te ran s’ bureau in Oregon,
work
is
being
m
ade,
how
ever, on the
C. K. LOGAN, E ditor
u te to its support. He should know will a rriv e in Ashland October 31,
w h e th e r it is being properly expend­ for the purpose of placing re h a b ili­ basis th a t capable men will be fu rn ­
Entered at the Ashland. Oregon
ed in the in te re st of his corporation, ta te d w ar veterans, tra in ed under ished, ra th e r th an for any sentim en­
P ostotfice as Second-class Mall M at­
Most wom en can b at above <$>
tal reasons connected w ith w ar e x ­
ter.
w hether it is being m anipulated by the direction of th e governm ent, in
.300 w ith a ro llin g pin.
*$>
periences of the unem ployed vet­
----------
<»> its d irecto rs, w h eth er proper invest- positions along clerical, in d u stria l or erans.
<3>
.
,
. m ent of any su rp lu s is m ade, how tra d e lines, according to an a n ­
L uxury and w ar arc alike in <♦ 11
1 '
.
. ,
BIBLE THOUGHT]!
,
zx much inrnw o
Ie? b c in s ca.in6Q ironi nouncem ent received here today. Mr.
th is— one alw ays m akes an- «> m ucn
lb °
.
Now is the tim e to have your pi­
. th e o peration of its in d u strie s, such McNulty is interview ing em ployers
— FOR TODAY —
o th er one necessary.
ano
tuned. C arl H. L oveland S tu­
----------
4- a s w ater system s, electric light th ro u g h o u t the sta te , u rging them dio 135 E. Main. Phone 465. 4tf
Bible Thouifhta mcmt rized, will prove a
priceless heritage in a fte r years.
plants, and th e like, how m uch in- to give first consideration to w ound­
You can ’t have pleasant
amnmni
debtedness is a g a in st th e corpora- ed w ar v eteran s, now expert office
d ream s on an em pty ftom ach,
SHALL BE MY P E O PL E —
< î > lion and w hat is its assets, how m uch and in d u stria l w orkers, when v a ­
nor on a full one eith er.
They shall be my people, and I
___ ___
1 ,*g being expended for in te re st and cancies occur or new positions are
will be th eir God: and I shall
If you let H um an N ature Y red u ctio n of its debts, how m uch is created.
nl
give them one h e a rt, and one
T here are m any unem ployed w ar
have lier way, th e chances are - being expend d for the upkeep ai.d
way. th a t m ay fe a r m e forever,
she will let you have yours.
4> b e tte rm e n t of its streets, how m uch
for the good of them , and of th eir
______
it costs to operate its w ater and
children a fte r th em .— Jerem iah
A m an ’s life consists a good - light plants, how m uch is being ex­
30 Million
32: 38. 39.
deal in ru n n in g into th in g s • 1 pended on them for b e tte rm e n t and
Bottles
th a t he has to hack aw ay from . • upkeep. All of these are legitim ate
Sold
----------
req u irem en ts of th e stockholders.
“ SIM ST K R 1NFLVEN’t ’E S ”
T here is no su b stitu te for •
Now. Mr. Stockholder, we w ant to
E. D. B riggs, we u n d e rsta n d , re-j
m oderation, and in all tho •• usk you, in all candor, how m uch do
1
_
se a ts being tied in w ith “ sin iste r In-j
world th ere is nothing else ju st • you know about the finances of Ash-
tO
P
V
RI'.HT- A P
fluences.” W eil, m o rallyt is is no
• laud? How m uch does the city owe?
as good.
THE
BREAD
OF PERFECTION
g re a t crim e .in fact, it is not a crim e -
« How m uch Is the incom e from the
m
ade
from
th
e
choicest flour by
sin iste . r as ,
a t all. W
» ebster defines
»
l!ght plan t? How m uch is th e In-
HEZ HECK SAYS:
th e m ost approved m ethods under
being “ on the left sid e.” A g irl’si “
A S P L E N D ID
“ You hev to he n a tu ra lly
4 ' come of th e w ater plan t? How m uch
absolutely cleanly conditions, and
left cheek is sin ister. A m an ’s left •
T O N IC
addicted to hones'.y before
’ money is being expended in upkeep
reta in in g all th e m ost n u tritiv e
arm is sin ister, especially when it •
you can m ake any big
* : and b e tte rm e n t on these and on
qu alit es of the' w heat grains.
clandestinely slips around th e w aist i
Make8 You
m oney on it.”
* ' your stre e ts? How m uch cash has
W holesom e and delicious, Lithia
of a p retty g r l .
Was it his rig h t w ,s> <js <s <£<£><§, ,g> .s, -$> <«. <5>
■-?>
the city in its several funds? W hat I
EAT
BETTER
B akery bread m eets w ith th e ab­
a rm , it would be direct.
is being done with the accum ulated i
solute
approval of all pure food
Politically, sin iste r m eans doing m ovem ent from tn e high office of
SLEEP BETTER
s ilk in g funds? W hat rate of in te r­
experts
physicians and
good
by indirection w hat cannot he done a t'o rn e y ai law : ml view him as an
est are you paying on your indebted- j WORK BETTER
housekeepers,
b
e
tte
r
bread
cannot
directly. T herefore, if a politician! o id in a ry political advocate, because
ness?
n a v e the accum ulated sink-j
FEEL BETTER
be m ade in any bakery or any
for exam ple, who cannot be elected politics is no p a rt of law — law is a
ng funds been invested in sound)
home.
him self to an office, controls the I ju le of action prescribed by a su-i
Sola By ALL LEADING DRUGGISTS
secu rities which b ring in th e sam e
L IT H IA B A K E R Y
m an who is, his influence would be) pre.ne pow er; politics is the a rt of
or g re a te r in te rest re tu rn th an you
The p p a a rticu
rticu la
la rly
rly a stu te i governuien t, in its finer definition,
sin ister.
The
a re paying on your o u tstan d in g in-
politician usually gains practical bu[ jn practice ;t has fallen t0 a
deb edness. or is-it lying idly in the
control of an ad m in istra tio n in t h a t , scram ble for of;ice a n d advantage
banks draw ing .the m inim um re tu rn ?
way. We have heard them declare th ro u g h sin iste r m anipulation.
It is im p o rta n t th a t you know these
th a t they would ra th e r be “ the
W e think Briggs is a good law yer things in ord er th a t you m ay guage
pow er behind th e th ro n e ” th
. an the and would be pleased if he confined j
bu3ine3a acum en of your direc
king on th e throne. T here is some- h ,m self to the high p u rsu its of his
tors.
Ho you know these things?
th in g to th a t.
I profession, hut when he stens down j
. wb nQt,
A gain, Mr. B rig g , o b je c t,
(ro „ th a , high pinnacle and e n te r ,
'
-
' q u e stlo n s. yo„, M r.
ing catalogued w ith th e hacKs.ep-I
m an ip u altjo n of p ra c tlca1 poll-
S o c k h o id e r, should be able to a n ­
pers. B acksteppin* in common us-1
b a n d . picks candi(j 3teg for
sw er them . Can you? If not, why
age is no th in g m ore than P«8h’n« j o rJc e th en we look upon him as an
not? Do you know th a t the a ffa irs of
hack. P ut a heavy breeching eith e r I a s tu te politician playing th e garnet
your corporation are being and have
on a horse or a m ayor one you can ) according to Hoyle, as pol tical ad-
►7 O f
been in th e past, honestly handled?
//o
control and then stan d off and yell. .yocate
th e in te rest of w hichever
Has it been econom ically handled?
‘ W hoa, back up!
and they beg.n
'friends chances to w ant be-
Has it been handled in an intelligent
to backstep and back the wagon
It
hind the th ro n e.
business m anner?
Do you know ?
they resist, why, then ju st jerk th e .
T hat is why we th in k he re p re ­ Has the disposition of city funds in
line a little and they do it
You do sents a faction whose “ s ’n a te r in­
not need a breeching on a team th at |
(> is against th e forw ard the past been dictated by sound b u si­
ness principles, or by bank fav o rit­
a re good pullers when the load is ■
'
ism
? Do you know ?
needed to he draw n up a hili. w h e n
YUUIL PARTNERS
W
ell, you can rest assured th at
th e wagon gets to th e top a breech TH E G REATEST CORPORATION
IN P R O G R E S S
your taxes will be high and your
ing comes in handy to keep it from
W hat a re taxes paid for, anyhow ?
re tu rn s low as long as you do not
going down too fast, b u t it is never
W hat is a taxpayer? A tax p ay er is know. W hat is the rem edy? Think
ad v isab le to hitch a team of back-
T H E COM PANY
a sto ck h o ld er in a public co rp o ra­
it over.
steppers to th e load u n i l the sum ­
tion, organized for service and not
The history of The California Oregon Pow er Company
m it is reached. If you had a te a m ,
t])at
shows a substantial grow th in facilities and earnings result­
th a t alw ays w anted to back w hen the Ic
__—
ing from the large sums of money invested in its properties
LOOMIS TIC K ET
corporation to pay the leg itim ate ex-
to
pull,
you
su
iely
and from the development of the territory in which it
dem and was
penses of its operation. W hen he
operates.
F o r M ayor
would call them b a ,* Va
a tte nds a general election, he goes
CHARLES L. LOOMIS
ing to tra d e them for
Steady Growth in Customers Served
to elect a board of d irecto rs to m an­
1911 Ford. If the team was a good
age th a t co rporation fo r him .
In
The territory now served by The California O regon Powei
F o r City Council
puller a'nd th e driv er w as bum ., un­
Company includes parts of Jackson, Josephine, Klam ath
A shland the larg est corporation is
S. A. PE T E R S, SR.
der such conditions, you would s u re ­
and
Douglas Counties in Oregon, and Siskiyou County and
the city of A shland. It is g re a te r:
M. C. LINING ER
parts of Shasta and T rinity Counties in California. This is
ly fire him.
an area equal to the combined areas of the states of Massa­
DR. It. L. BURDIC
S inister is the heavy breeching th an all th e hanks, all th e sto res, all '
chusetts,
Rhode Island and Connecticut.
the
business
of
the
m
unicipality,
be­
H. G. WOLCOTT
th a t the politician nuts on the h a n d ­
cause
it
is
composed
of
all
of
them
!
MRS. W. M. BARBER
D uring the period between 1912 and 1921, the num ber of
picked can d id ate and influence is
consumers
has grown from 6,561 to 11,900, an increase of
and
acts
for
all
of
them
.
Its
p
ro
­
MRS.
W.
J.
WALLACE
the d riv er he puts up to hold the
81.3%.
per
function
is
m
ore
im
p
o
rta
n
t
th
an
■
lines— som etim es they change th e
F or City R ecorder
Increase in Facilities
sin iste r from a breeching to a goad j any or all of them , because t h e .
(In
d
o
rsed
)
lo whip him into policies which a re prosperity
of them all depend?
The Company owns and operates seven hydro-electric
GERTRUDE BIEDE
io the p olitician’s Iking, but a re n o t 1, largely upon th e o p p o rtu n ity for
plants in Southern Oregon and N orthern California. It has
never resorted to generation of electricity by steam power.
in the in te re st of good governm ent. * private corp o rate and individual a -
In building these hydro-electric plants, a natural resource is
F o r C ity T re a s u r e r
but thev never change the influence. ! vancem ent; by its a d m in istra tio n is
being developed which will be productive forever.
S Y L V E S T E R P A T T E R SO N
O ar observation of the sin iste r in- determ ined th e pro sp erity of the
In 1912, the generating capacity was 11,800 H. P. and a t
the end of 1922, it will amount to 52,580 H. P.
fluences which have dom inated A sh­ town. W rong a d m in istra tio n holds,
F o r M em bers P a rk B oard
(In d o rsed )
land in the past, leads to th e con- the town back, shackles and dw arfs :
The Company’s high tension lines a t the end of 1922 will
elusion th a t th e breeching has been jit.
P ro p e r in te llig en t, progressive
HAL McNAIR
be over six hundred miles in length.
used m ost if not all th e tim e, and ad m in istra tio n builds th e tow n up,
MRS. F. D. W AGNER
The aggregate length of the distribution lines will be over
never the goad to constructive, pro- m akes it a ttra c tiv e , supplies its pro-
A. C. N ININ GER
eight hundred and ten miles.
per needs for advancem ent and gives
— Adv-tf
gressive e ffo rt.
.
!
The investm ent needed for the construction of these fa-
Of course, a law yer is s u p p o s e d , it v itality and life. The m ost i n l ­
cilities has increased from $4,189,325.76 in 1912 to $9,567,-
K ing Bee sp ark plugs, fully guar-
and expected to ta k e th e side of his ¡p o rta n t duty a m em ber of th a t cor-.
430.60 on June 30, 1922.
36tf
client in all litig a tio n — th a t is legiti- p oration can perform is th e election anteed. F ix it Shop.
Ashland
Tidings
Oregon Head of
Veteran's Bureau
Here October 31
)
Agricultural Sulphur
A GREATLY NEEDED PLANT FOOD
w ¿bE R T M oses
to increase crop yields
ALFALFA, GRAIN AND ORCHARDS
Apply Now
Ashland Fruit Association
U B B H
Friendly and Strong, A Helpful Bank
Friendly, strong and helpful are the three
words which best describe the ideal hank.
Friendliness is essential in any business,
strength is a necessity, and helpfulness im­
perative.
If you are looking for an institution which
combines all three, we invite your account
The Citizens Bank of Ashland
Ashland, Oregon
THE CALIFORNIA OREGON
POWER COMPANY
PREFERRED CAPITAL STOCK
PRICE $92 PER SHARE
YIELDING 7.6%
m ate to the profession— b u t he is
not supposed to tak e a side of p o liti­
cal issues solely because his clients i
do and assum e th e p a rt of p ersonal j
opinion when he is but an advocate.
T h t leg itim ate practice of law
reaches only to legal co n su ltatio n
and practice at th e bar. In th e p u r ­
su it *of th a t he is an im p o rtan t arm
of th e court to be honored and re- j
.
,
FAtai
spected as such, hut, wnen n g
beyond th a t and dabbles in politics,
he at once becom es, not an atto rn ey ,
but a politician, capable of all th e
sin iste r influences th a t go w ith p rac­
tical political m anipulation.
P.ead-
ers should draw the line of d iffe r­
ence clear on th is point. Law yers
them selves too often do not do th a t.
We have know n law yers on the floor
of th e leg islatu re and in the halls
of congress to advocate m easures in
th e in te re st of th e ir clients ra th e r
th an th a t of th e com m onw ealth.
T h at is why we a re not overly stro n g
for law yers in politics. Wo think
th at is the reason taxes a re high,
and th e pow ers of governm ent are
so o ften abused th ro u g h sin iste r in ­
fluences.
So. w hen we find a law yer e te r­
nally sta n d in g behind c ertain in d i­
viduals in every political move they
m ake, we a t once sever him in such
PUBLIC
V ote 3 1 4 X Yes
Passage of th e Compulsory Public School A ttendance bill now—this year
—wil1 insure that a minimum num ber of private schools and private school
pupils will be affected. Of the 26 counties of Oregon 1C are at present w ith­
out any private schools whatever. The combined aggregate of pupils in all
the private schools in five other counties is fewer than 200. The total .
attendance a t the private schools, of the gram m ar grades, of Oregon is about
9S41. I he total attendance at the public schools, of the gram m ar grades, ,
is about 131.689. Surely if the public schools are good enough for the 131,689,
they are also good enough for the other 9S41.
At present, while the private schools are few ar.d small, is the tim e to
make the change proposed by the public school bill.
COSTS. No ta x w ill be levie d fo r years to come, as the b ill does not
ta k e e ffe c t u n til S eptem ber, 1926, and no ta x th e n if th e a m e n d m e n t is in th e
c o u rts fo r se veral years.
When ali attend our free public schools the additional cost will be slight,
for the overhead will be the same. Most of the children will find a place
in existing classes and the added expense to the average taxpayer will be
nominal. The great benetit to our nation will he worth many tim es the small
cost.
N o w is the tim e to pass this m easure, insuring that in Oregon all of
our children will he educated to a common patriotism , common ideals and a
unified allegiance to our institutions.
One Flag—One School—One Language
P. S. MALCOLM, 33°,
Inspector-General in Oregon,
Ancient and Accepted Scottish Rite.
(Paid Advertisem ent)
P a r value $100 per share.
Dividends have been paid on The California Oregon
Pow er Company Preferred Capital Stock since issuance
(April 15, 1921) at the rate of $7 per share per annum.
Checks are mailed every three m onths at rate of $1.75 per
share.
Proceeds of all securities sold are devoted exclusively to
additions to and betterm ents of Company’s properties.
It is not assessable by the Company for any purpose
whatsoever.
I t is non-callable, and if purchased at the present price
yields a perm anent return of 7.6% on the investment.
It is exempt from Federal Normal Individual Income
Tax.
I t takes precedence as to assets and dividends over com­
mon stock am ounting to $4,441,100 par value. The equity
back of the preferred stock now outstanding am ounts to a
total of $6,296,605.50 which equals $283.60 per share or over
three times the present cost of $92 per share.
\
*
•
?
Purchase may be made in any am ount from one share up­
ward.
The stock m ay be purchased for cash or on our special
savings plan, tam ely, $5.00 per share as first payment, and
$5.00 per shate per month.
Interest is paid by the Company on all partial paym ents
under the savings plan at the rate of 6% per annum. In ter­
est checks are mailed to subscribers under the savings plan
every three months.
The stock is listed on the San Francisco Stock and Bond
Exchange.
T H E RECORD OF T E N Y EA R S' G R O W T H
¿ ¡J
N o w I s t h e T im e f o r P a s s a g e o f S c h o o l B i l l
T H E STOCK
Y EA R
Value P hysical
Properties
1912.................... ..................$4,189,325.76
1913.................... .................. 4,787,621.35
1914........... ...... ................ 5.054.312.08
1915.................... .................. 5,265,839.85
1916.................... .................. 5,985,095.29
1917.................... .................. 6,498,375.71
1918........... ...... ................. 7,311,310.73
1919................... .................. 7,416,522.45
1920.................... ................. 7,692,884.51
1921................ .................. 8,407,581.82
1922 (12 m onths ei ding June 30) 9,557,430.60
Gross
Revenues
O perating
M aintenance
Expense
N et E arnings w ithout
D educting In terest
o r D epreciation
K ilow att
H ours
G enerated
$307,040.29
347,261.70
385,331.23
398,349.83
426,106.64
487,916.44
502,269.05
726,079.30
948,277.07
1,001,272.07
1,029,409.12
$137,663.49
143,746.67
163,209.21
171,458.26
213,679.91
226,509.67
245,150.37
295,743.74
398,041.48
449,082.18
444,410.46
$169,376.80
203,515.03
222,122.02
226,891.57
212,426.73
261,406.77
257,118.68
430,335.56
550,235-59
552,189.89
584,998.66
21,492,374
26,485,359
33,245,366
38,133,884
41,936,855
47,755,628
46,216,299
108,233,745
142,404,975
129.368,808
131,170,857
Our partial payment plan o f $5 per share per month enables you
to take immediate advantage o f the exceedingly attra&ive price at
which this high grade security is now being offered — $92 per shate
to yield 7.6% per annum.
You may place your order or get full information at any o f our
offices, or from any member o f our organization.
Price subject to increase a t any time.
THE CALIFORNIA OREGON POWER COMPANY
O F F IC E S
M E D F O R D , G R A N T S P A S S , K L A M A T H FA LLS, O R E G O N
Y R E K A , D U N S M U IR , C A L IF O R N IA