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About The Monmouth herald. (Monmouth, Or.) 1908-1969 | View Entire Issue (Jan. 8, 1915)
The Herald D. L STITT, Editor. Enteral u Mrond-elara nutter Silmlr 8. VK t the pot uflirc it I Artfrf Murh S. 1H7V ISSUKI) KVKRV KKIIlAV Subscription Rates One year - $1.50 Six months . . 85 rts Three months - 50 cts Monmouth, Oregon. FRIDAY, JAN. 8, 11)15. "Alltlii. Hftivitv of the -lit-, tion. NVtwrniiiKS are ste.lily ; I . ... 11! I Tl ...... .ilro-l.lv I iVp-nt KuverniiiKlxMiU'" lis" ;'''' ,1,,VU1- a,r ' ed great expense to the railroads. ' so small that dividend rates are j Wa-'e ii.crt aM' have l'oiic on now below the market value of j t th pot uflir t MihiitkiuUi. Ornron. uir the ,.,,,. Hut the revenue has inonev in other fields. Railroad :1m-..i steadilv nt by reduction credit is therefore underminded. 1 in rates. The railroads have Gnat projects for extension ami pa-sed the maru'in of safety he- i betterment are postponed. The jtween income and nutyi. ' i multitude of workers are denied I "The number of employes is this chance of employment. I reduced wherever possible liny- j Material concerns are paralyzed ; inj; .if supplier is curtailed I in-i until normal progress in railroad ' nrovements are tabooed. Divi-! building is resumed. .lends are cut. Thousands of I " 1 Ins country is tumlameniai Lmull i,,.-..t.,r iiff. r re.l need i lv sound, for we have the won- How to Bring Back Pnpmt.'t-Uwtt Thirty ri,ir0llls are'derful crops and these are briiiR- now in receiver s bands. Others jing good prices. 1 lie nauon is POULTRY SUPPLY STORE THOMAS BOLLDEN, Proprietor Keeps on Sale Best Grade Chic Feed. Best Grade Grit, Bone and Oyster Shell. Garden Seeds in Package or in Bulk. Will Pay Cash for Eg;s and Poultry. Monmouth, .- . " Oregon Joseph lieilield, proprietor of P Holil Uhhk.ii. f ().;,... Mil who claims to be a disinterested pass n n dividends, while onie pav dividends out of sur- observer, analyzes the pni ! plus that should go for exten- iinancial depression as a busi ness man as being due, in a large degree to the fact that the rail roads are hard up through over regulation and that the way to restore prosperity is to grant the increase in rates asked. There is undoubtedly merit in this plea, which reads as follows: Y hat then is the concrete basic cause of the present busi ness depression? "The private citizen answers off-hand that it's the war. lint the distress dates back long be fore we heard the rumblings of Mars. Kurope has simply added hardships to a business burden already heavy. Further, wo un told that on the whole the big war is to be of great commercial advantage to the United States. "The wholesaler guesses that the tariff is responsible. Hut . i i mis Is a debatable question in theory and in practice as applies to the present cast because the new tariff was not in operation long enough to have a determin ing influence one way or anoth er. We must go still further back. "The merchantbeing in direct contact with the people and their purchasing power, has his linger on the pulse of business life He is able to diagnose the trou ble and point out one specific cause that overshadows all other complications." And his expla nation follows: "The railroads are hard up. Therefore they do not spend the money they should. The hick of new capital prevents' their making many needed improve ments. Between this and re duced current expenditures the effect permeates all down the line from manufacturer to job ber, to retailer, and finally to the workinguian. "The plight of the railroads should not be judged by a few conspicuous cases of flagrant abuses. True, the pirates of finance have worked havoc with certain railroads. In doing so they have brought distrust and misconception on the whole structure of railway organic,,,, and management. The refill Hon. "The rich feel well as the poor dividends and default of interest reduce incomes for the well-to-do. That brings curtailment of expenses, often rigid economy. Servants are laid off. Purchases at shops and stores are cut, down. Hills are allowed to run Iluilding and business invest meiits are refused. All this helps to cause dull business, "To settle for all time the exact status of railroad capitali zation in this country, the gov ernment is now undertakiiiL' a oinprehensive work of deter mining the physical valuation of all the property. 'Capitalization has a bearing on rates. Hut we don't want to wait until the physical valuation of railroads is completed some five years hence. We want prosperity now. "When we bear in mind that the railroads are owned by the plain people of the United States, a different attitude can lie assumed to this great indus try. There are about one and a half million individual holders of railroad stocks and bonds, with an overwhelming propor tion of them our own country men. One million more own stock in corporations depending on the railroads. For the most part they are folks in ordinary circumstances. "Nearly two milium are em doyed by the railroads. About one million more work for in dustries directly dependent up- on the railroads for business. "Since the average family consists of live persons, some ourteen million people look to he railroads for their daily bread. Railroad prosperity then vitally affects one out of every seven of the country's total nop- ulation. "Selling transportation is like any other business s requires a fair profit. Without a profit the railroad fails. Wheii outgo exceeds income the road wipes out its profit and runs at a loss. To prevent this, rigid li.lllAliu..u I.. ( . i "iivuiu-a must lie imreii.i at peace. Foreign trade oppor tunities are opening up. The financial system has passed through the combined war and the effect as 'legislative crises in tine shape. Passing of oc-re- I...U i I .. I '"" " e'Tin..ll That i, tl,, ,i t, SErzrnrr'Hp" . ' -NO 111 iscrinn- nation is shown between honest ly conducted railroads and the other kind. "In addition to federal super vision the states in,i;..,.i .n.. No national disaster ha: curred and our natural sources are unimpaired. "The weakness of the business situation must therefore be of an industrial nature. "The American railway sys tem is the treat business gener ating dynamo of our commer cial machinery. It supplies cur rent that revolves many other industries. Speed up the rail roads to normal capacity and you speed up all those industries di rectly or indirectly dependent. "We can rely on the railroads working with the interstate com merce commission to properly equalize the advance so as not to injure either localities, commodi ties or individuals. The day of unfair, wilful discrimination is past. From some angles the rate increases theoretically may or may not be justified. Hut from the practical standpoint it is not only advisable, but im perative. "So let us support the rate in crease in a broad spirit of fair play and intelligent co operation for the common good. "If it is true that our legisla tion is deficient, by all means let congress change the laws at once. These should not only allow, but compel action neces sary to the welfare of the people." Med ford Mail Tribune. WATCH TALKS A watch ought to keep good time for twenty years, if it is a good one to begin with. So when you buy a watch, make sure you ARE getting one that is right, at the start. WALTER G. BROWN, Watch Repairer and Jeweler. Perkins Pharmacy. non If You Buy Before Getting Our Prices We Both Lose We are in position to furnish you first class material as follows: Lumber, Shingles, Doors and Windows, Mouldings, Lath, Lime, Plaster, Cement, Brick, Sawed and Split Cedar Posts, Slabwood, Wall Board. Also a large assortment of Screen Doors, Window Screens, Window Weights and Cord. Willamette Valley Lumber Co. Phone Main 202. . Monmouth, Oregon HOC HOC Dr. Laura Colby Price. Ollice and Residence North east corner of Clay and Knox streets. Telephone 2004. Livery and Feed Stable SULLIVAN & RAKE, Proprietors Rigs to Let and horses for Hire All Kinds of Transferring Done Promptly and on Short Notice Monmouth, Oregon W. F. SCOTT Contractor and Builder All kinds of Carpentering and Repair Work done in workman-like manner. Let me figure with you on that new building you are soon intending to erect. IMPORTANT EVENTS 1914-18 AT laying off more men employed oy the supply (inns. " list illlliroi-emnnU ...... needed. Extensions should be TH E adde B. F. SWOPE, Attorney at Law and Notary Public. 9 Home Phone: Ollice, No. 13-20, Residence, No. 3712. Office in Cooper building, Independence, - Oregon to develon inu.nri.n.i . . ' i H,,,;; ! : :i I " yvegonian WINTER FHORT COURSE JAN. 4-30 Agricul including Agronomy, Animal h Pandry, Dairying, Horti culture, Poultry Husbandry, Insects, Plant and Animal Diseases, Cream ery Management, Marketing, etc. Horn Economics, Including Cook ing, Home Nursing, Sanitation, Sew ing. Dressmaking and Millinery. Commerce, including Business Man agement, Kural Economics, Businesi Law, Office Training, Farm Account ing, etc. Engineering, including Shnpwork and Koadbuildine. FARMERS WEEK FEBRUARY 14 A general clearing house session of six days for the exchange of dynamic Ideas on the most pressing problems of the .times. Lectures by leading authorities. State conferences. EXTENSION SERVICE Offers lectures, movable schools, In. stitutes and numerous correspondent courses on request. ML'SIC: Piano, Suing, Band, Vole. V fi.Ui.. n.j . .... 4i , , h vimm iih mis? uurario tvnmriw mi i . t,f , , i,v vuiuuu, reuuera rues on a ra thcrailroads. Likewise the states I more W, ,,,, . q I , THe lSt Ueek,y Joul of ds For further informa ion address ' have soaked the railn.,,,1. i .. su,cK,ine aorthwest. Gives all the . w , , " t0,lt'e anJ ,,l,.iv for t,v,.s , ' 7'T 1 lernill,nl fac,ht,e8 J News of the World. beiiisr tl...t I '"r"i'- -vii oi winch Trice Dervear en " Mate ii s r..,in .. I . .i . . " it of the nulrn,,.. ,1... , 1 . " mmi- 0,(' CORVALU3. ORfiOCjfl (HIT. (If t In v.. . T . 1 .1 "'iroaa the less it will have to pay i d.rect taxa-tion. ditional capital. "Where to get that capital is now a problem that defies solu- NOTICE OF FINAL SETTLEMENT Notice is hereby given that the un dersigned administrator of the estate of Senith M. Fuller, deceased, has filed his final account in the County Court of the State of Oregon for Polk County, and that Saturday, January 30th, 1915, at 10 A. M. thereof, at the Court room of the said County Court in the City of Dallas, Oregon, has been appointed by said Court as the time and place for the hearing of objections to the said final account and the settlement thereof. JOHN FULLER, Administrator of the estate of Senith M. Fuller, deceased. B. F. SWOPE, Attorney. I7t5 V. 0. BOOTS Fire, Life and Casualty INSURANCE Losses Promptly Paid - w Herald one year 1,50 Both papers for 50 Hair Switches made from combings. Enquire at this office. WALTER G. BROWN Notary Public . Blank Deeds, Mortgages, Etc Himes Engineering Co. Surveying and Platting Estimates furnishpd on Drainage and Irrigation Work. Phone 502. Dallas, Ore. The Herald solicits your aid f
