Independence enterprise., January 13, 1922, Page PAGE TWO, Image 2

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Page Two
INDEPENDENCE ENTERPRISE
Friday, January 13, 1922
Published Every Friday bv
Z. C KIMBALL.
Subscription Rates
One Year $160
Six Months 75
HELP TO MAKE IT BETTER
In the estimation of the Salem Statesman, the Oregon
primary system is a failure. It says : "The old boss system
. was bad. But the direct primary system is worse, on the
average." The Enterprise is willing to concede that the
Oregon system is not perfect, but compared with the old
boss ruled days, it is a noteworthy step m the right direc
Hon. The privilege of determining government is invested
with the people, where it belongs. There are times when
the voters are lax in their citizenship, but it is usually
found on the whole that their judgment is sound. The
great fault with the Oregon system, in our estimation, is
that too much authority is invested in some of the elective
officers.
Through legislative enactment, an untold number of
commissions has - been created, investing the governor
with too much patronage power. As an illustration : We
have a highway commission, which has expended nearly
$50,000,000 during the past few years and answerable to
nobody except the governor. Approximately $40,000,000
of it is a bonded debt upon which interest will be paid for
years to come. The governor is privileged to place on this
commission anyone he may desire irrespective of qualifi
cations. This is but one instance. There are dozens of j
others whch are functioning by the grace of the chief ex
ecutive. And then go back to the old convention system. In the
days gone by, it was the privilege of the Enterprise man to
witness some degrading circumstances, particularly when
viewed with present ideas. Many big concerns considered
it quite the proper thing to station their lieutenants at the
ballot boxes to provide the right ballots for them to
deposit.
Fortunately, these conditions are of the past. It is one
outstanding sign of the advancement being made in
our form of government. It is true that the politician be
moans the loss of the fleshpots of the old system. Any
attempt to restore it, however, can bring nothing but grief
to the instigator.
Gubernatorial candidates appear to be marking time.
So far, there is but one avowed candidate J. D. Lee of
Portland and a former Polk county man. Other aspirants
are simply waiting developments. It is quite generally
conceded, however, that Governor Olcott is going to enter
the race. During his incumbancy he has been industrious
ly building a machine, but machines are sort of going out
of fashion with the rank and file of the voters, and Olcott
has no cinch. Senator Patterson is sizing up the situation.
He has many friends who would like to see him enter the
contest. A Polk county farmer, versed in state affairs,
his platform would probably largely be builded on a policy
of business administration. Then there is Mayor Baker of
Portland. He has quite a following and if he enters the
race the presumption is that he will have Portland in his
vest pocket. Of course, Olcott hopes to horn in on Port
land vote to a considerable extent on account of his
activity in the exposition project. Portland is likewise the
home of Mr. Lee. He was given a big majority in his
election to the house two years ago in Multnomah county
and he is going to make an active campaign. There are
a number of other's who have the gubernatorial bee in
their bonnets and if conditions look right some of these
will probably try their luck.
Irrespective of party affiliations, there ought to be. sat
is faction over the appointment of Goor Wharton Pepper
as United States senator from Pennsylvania to fill the un
expired term of Senator Penrose. A lawyer with pro
gressive political views, and very pronounced ideas of
what constitutes fair play, both in public and private
affairs, his appointment is a striking example of an ad
vancement in government affairs. From Quay to Pepper
a big step in the right direction has been taken. With a
republican majority larger than any other state in the
union, some pretty raw deals have been put over in Penn
sylvania in some of the years gone by. Mr. Pepper's
successor will be selected in next fall's general election,
but it is more than probable that he will be continued.
0
We have for rent
Invincible Safety Deposit Boxes
with barricaded doors.
Independence National Bank
Independence, Oregon
FOLDER MAP OF OREGON
IS ISSUED HY ESI'EE
It is just a little bit amusing to read the hot air which
is being peddled in Portland by Mayor Gates of Med
ford in regard to the Portland exposition. He avers that
Jackson county folks are a rearin' to dig and in their
own pockets to finance Portland's proposed show. In
fact, so imbubed are the Southern Oregon people with
the fair idea that they would consider it a grave insult
not to be privileged to help defray the expense. The
propoganda is so rich and so good that the mayor is be
ing interviewed before breakfast by one paper, in the
forenoon by another, with an evening roundup by the
third moulder of public opinion. As a burlesque, it cer
tainly has merit.
Inst ccnsun of tho United State
The purpose of thin puhlicatii
to tell in a plain and tralghtfon
way of the resource and oppor
til- in Oregon. Careful attention
linen, j been given to thin, the figuret
duta being compiled from the mo
liable noun-en of information.
Copies arc to bv had free on ri
to airi'titit, ami reprem-ritativei at
' A folder map of Oregon has ju.it
been issued by the general passenger
de-partment, Southern Pacific
Portland.
It shows the rivers, mountain,
highways, and principal railroads, in
eluding many logging roads.
J It is of convenient size being folded j Southern Pacific lines.
i to fit the pocket. j i
! On the reverse side of the map is! DenniB Construction company l
i .1. :..,, nr it'-'iif Riekreiill hn riKiimiwl mir.t'T
' I'liiim 1 1 jw'ii ui .ik.h, no i"- - ''v,t
' tnoirn,nhv flimiilo unit Kttt I I Mr. Hardy, foreman, has movMi
All the principal products and n- :fttmiIy rm McMinnvilfc to Rickrt
Horaces including particulars as to
irrigated state lands, homesteads,
water-power, and highways are men
tioned. A considerable amount of
statistical data is given, figures
Oscar II. Holme and Sim.
Evans, both of I)allaa were mar
January fith at the home of the bn
mother, Mrs. Kate Muscott, at D
being compiled principally from the by Rev. Frank James.
$11
Ion
ctr
pie;
Charter No. 3'J79
Rcxerve District No
REPORT OF THE CONDITION OF THE
am
go
Independence National Ban
AT INDEPENDENCE, IN THE STATE OF OREGON, AT
OF BUSINESS ONE DEC. .31st, 1921
$148,&07.40
;o.cj
Dodge Bros, will announce on
February 1st, 1922, a substan
tial reduction in the prices of
their cars, effective from
January 1, 1922.
Huggins Motor Co,
C Street, Independence, Oregon
RESOURCES
Loans and discounts, including rediscounts..,
Total loans
Overdrafts, secured, none; unsecured 1,27
U. S. Government securities owned:
Deposited to secure circulation (U. S. bonds par
value) 12,o00.00
All other United States Government Securities 23,500.00
Total
Other bonds, stocks, securities, etc
Banking House, $10,200; Furniture and
fixtures j.,,,00
Real estate owned other than banking house
Lawful reserve with Federal Reserve Hank
Cash in vault and amount due from National Ranks
Amount due from state banks, bankers, and trust
companies in the United States (other than in
cluded in items 8 or 10)
Checks on other banks in the same city or town as
reporting bank (other than item 12)
Total of items 10, 11 and 13 ' . . 4.1,2(34.10
Checks on banks located outside of city or "town
of reporting bank and other cash items
Redemption fund with U. S. Treasurer ami "due
from U. S. Treasurer
cm
THE CLC,M
am
II 1
tin)
l,27(lue
Sta
411
-Of 1
-diti
3(!,(KK;'s;
97,02?
317
20,200 'I T
12,45itei
19,225 pay
39,85( fn
;Bos
Tor
3.20K tl
.bur
19:' c
Oh
Total
C,380.59
1,397.10
. , UAH1LITIES
Capital stock paid in
Surplus fund
Undivided profits
Less current expenses, interest and' taxes' paid ! ! .' '.
Cashiers checks on own hnnb- i-
Total of item 25 . . .
jv. matuc lUeiJOSltS l)HVh ii mill,:. O. i
Individual deposits subject to cheek
florif inat . . .
TT Ul "epoait auo in less than 30 days
(other than money borrowed)
State, county or other municipal 'deposits' ' secured
by pledge of assets of this bank ecurea
Dividends unpaid
Total of demand 'deposit's' '('o'the'r' than bank
Time luttZr
30 days, or subject to 30 days r T
and postal savings: 7 more notice.
Certificates of deposit (other than for
borrowed) " Ior money
Postal savings deposits
17,930-'
625.
306,60?.:
50,000 ,
16,000',
6,380
1,397
208,141
7,204
6,000
Total 0f time 'subject "to ' p'L'
Items 32 and 35 . Reserve,
Total
86,885.47
STATE OF OREGON, County iT
I. I. D. Mix, Cashier of tho , .
80,708
176.
$390,609
8S
the above statAmf ( ...aoove named bank, a i i ,tT
1,1,(3 DCfit Of mv kn,l,,l i
" """so ana Denei. ?
Subscribed and sworn to before II
th, 4th day 0f January f
B- F. SWOPE,
My commission explwsjgjll
I. D. MIX, Cashier.
CorrectAttest: f
H. HIRSCHBERG
C A. McLAUGHl.
W. II. WALKER
Direc 1