The Eugene guard., May 13, 1925, Image 4

THE EUGENE OUAED
Wednesday Eve,
Pa;o Four
THE EUGENE GUARD
An Independent afternoon newspapar published dally except Sunday.
PAUL IL KELTY, Editor EUGENE S. KELTY, Business Manager
Offices 1037-1041 Willamette Street
Telephone 1200
The Eugene Guard Is a member of the Associated Press. The
. Associated Press is exclusively entitled to the use for publica
tion of ail news dispatches credited to It or not otherwiso cred
ited In this paper and also the local news published herein. All
rights of publication of special dispatches heruln are also reserved.
Tho Eugene Guard Is a member of the Audit Bureau of Circulations.
WEDNESDAY. MAY 13.
Replying to Senator Fisk.
SENATOR FRKD FISK, us a nicnilicr of the board
of regents of the University of Oregon, nnswerod m
a communication published in Tho (Juard yesterday
somo of the questions which this newspaper had pro
pounded regarding university alians. jus communica
tion enmo too late, for reply to be made in the same
edition of The (iuard in which it was published. And
so, whilo disclaiming any disposition for controversy or
liny desire to keep alive tho agitaiion which has arisen
regarding certain university affairs, t.'iis newspaper
feels that there should bo reply' now to his statements.
Jt mav bo admitted at once that the regents have
not literally met "behind locked doors." That expres
sion was a figure of speech, just as was the other refer
ence to tho board's "star chamber sessinns." But so
far as the press and the public arc concerned the recent
meetings of the board have been closed meetings. Mr.
Fisk says no member of tho board thought of secrecy
and that nothing was said or thought by its members
concerning the withholding of publicity concerning the
day's proceedings. Nevertheless there was secrecy and
publicity was withheld. Requests made in the iiiinio of
tho Associated Press and of The Guard for information
as to what was being done while the meeting was yet in
session were nil used. A request lor permission to speait
with the administration secretary also was refused. To
say that tho board did not know this does not meet the
situation. Tho responsibility for Jhnt situation was and
is with tho board. ,
Senator Fisk asks: "Would the editor have the
regents lay down tho principle that at no timo and un
der no condition should any fncully member bo either
discharged fir demoted?" Assuredly not. The editor
believes the board should exercise tho full discretion and
Hut.hority vested in it by law. But at the meeting under
discussion discharges and demotions were ordered which
members of the board afterwards said were made as a
measure of' economy. And then it transpired that at the
same meeting, tho salaries of 21 members of the faculty
Lad been i.dvanced! In the absence of it frank and open
statement on behalf of the board as to tho action taken
and tho reasons for it, these contradictory circumstances
could scarcely bo reconciled.
The Ouurd lias said that it believes the regents
ought to exercise the full discretion and authority vested
in them by law as to discharges and demotions. It does
not believe these things should be done in such a way
as to nrnuse tho apprehensions and shake the morale of
the entire university faculty and create public, distrust.
Luck of frankness, in the present instance, did all. of
that.
Miss Anno Whiteaker, 974 Chnnielton street, pickod
in her garden n full week ago a Jacqueminot, a Niphetos
and several Aladamo Folkstone roses. Dr. F. V. Prentice
sent to Tiio Guard office a very splendid Mrs. Charles
Kussell roso which was grown by Madamo Shaffer. As
sessor Bon Kceney brought in three grand Madame
Fdouard llerriots, with the information that ho had
pickod his first blooming roso on May 4. W. N. AVintler,
Associated Press operator in The Guard office, brought in
i a fine Constance this morning. These are the first returns
, from The Guard's inquiry about early blooming roses.
They show quite convincingly that roses do bloom early
i bore.
I Kugeno continues to lead all tho cities of Oregon,
I except the metropolis, in building growth. Its record
for April also showed this city abend of all the cities of
I Idaho, Arizona and Nevada and ahead of .'!S out of fiti
i cities reporting from California, (fur aggregate here
i of permits for April was sf'J!"J,o(H). All tho west is build
ling fast and Fugene is in the van.
The kaiser is gone but "Gott mil tins" seems still
to stick in the German conception of creation's onliua
Jtion, to judge by tho language of llindenburg's official
I obligation, witli its "almighty, almighty" etc. Appar
ently lliiulenburg has not yet learned t hut Deity is
lion-partisan.
I For every hoo.e boat in rum row off the Atlantic
coast n government craft is now in the guard line. It is
I expensive to combat rum running, but if the present
I measures kIuiII bring to the rum runners the conviction
.that the government is in earnest in its intention to en
force prohibition, the expense will have been justified.
A philosopher dropped into The Guard office yes
tordny. One of his observations was this: "Most every
body is pretty much all right. But hardlv anv man 'is
lis all right as .he and his wife think he' is."' Honest
now, folks; ain't it the truth J
on the west wllh the Northwestern
Pacific.
So many railroad rumors have been
broadcasted in the past aod never ma
terialized, that one is inclined to Hike ,
any statements not officially sutimr-:;
ized with a grain of salt; but whether j
this latest report is true or not. there
is no doubt that Southeastern Oregon 1 :
fares a period of railroad activity, '
unprecedented in its hibtory. ;
Next year the Natron Cut-off will j '
be cruopleted. Strshorn is pushing his -rsilroed
development to a successful'!
conclusion, snd now the Oregon ;
Trunk, stipiiorted by the tireat Nor-H
thern and Northern Pacific, has de-i;
cided to realize the long-deferred j
drenm of Jim Hill, and secure a rail;
connection with San Francisco from ;
the north.
While in none of these projects will j j
Mnlford and Jsrkson county figure as i ;
vjinl factors, the llogiie Itiver valley
will bo one of the leading beneficiaries.
l'or Medford Is the permanent dis
tributing center, and commercial hub
of this part of the slate. The more
the Klamath region snd the Klamath
Itiver territory Is developed, tlv
greater Medford's market and the
greater Medford's growth.
Why Not?
(Corvsllis Gazette-Times)
A Klsmatb Kails man bought some
goods from a Portland mail order
house paying by check. The check
came back with the statement that
it was worthless. The mail order
bouse had the man arrested. Suppose
that huyera arrested the mail order
outfit every time it sent out worth
less gooils?
"
The President's Visitors
(Chrlalian Science Monitor)
. Tt is a curious phase of American
public life that holder of high office
are often made use of to give public
ity to persona or enterprisea of little
or uo value, end even to some, in
deed, that are a positive detriment to j
good citizenship. Thus for the second j
time during the hist year the privacy
of the President of the United Statea ;
has been invaded by a prize ighter
nnd his publicity agent who gives out
to the newapripcres alleged statements
of appreciation by the Chief Execu-
live of Ills pugilistic client. It should
bo possible for a watchful private sec
retary to prevent this exploiting of
tile presidential office to advertise lo
cal exploits of the husky loafers who
are making money by givingexhibi
tlons of their ability to inflict physiral
Injury on each other.
You're A Better Man Than I Am, Hunka Tin
la 3 1
YOUR STANDING MAKES DIFFERENCE
England Admits Political Refugees, Contrary to Policy of Our
Own Government
Than and Now
(The Open Window)
Modern machinery, electric power.
gnu or heat, automatic control, and j
n 1) tin (I red other thin en mnlce the small j
newspaper and job shop something
finite different from what it was .'10
yars iiko, says the Oregon Public
Utility Information Hiireau.
And nnw-a-days the editor of the
weekly newspaper knows what it costs
liini to run his shop. He figures over
pnMnjfp, and a lot of thing that he
often used to forget, lie figures wagon
for himself and return on bis invent
ment aa bp pu rate items which the
old timer didn't do.
Thirty years ago weekly newspa
per were printed on the old Wash
ington hand press. Ninety per cent
of these weeklies were just able to
live, and changed ownership frequent
ly because txpeiasa were larger than
Income,
Half a century ago It would take
two men working steadily, much
harder than most men work today,
an hour to print two pages ou one
aide of 210 sheets of newapapcr. To
il ay, even on the small city daily, two
men could turn out L'0,000 copies of a
sixteen pHgo paper, printed and fold
ed, in an hour.
With the old Washington hand
press It would require tdlU hours of
It n I'd wqrk to do that job. On an 8
honr bntis It would take 8,'t days to
print one edition of UO.OOO copies of
a ltt-page paper. It would take the
life-time of two men to print one
Sunday edition of some of the big city
papers. The progress made baa been
staggering.
Oregon Briefs
Hack in Kish, which wiim in Mesopotamia ;00i) yours
tlie women woro jewel ami p'cvwm. Some of these
onmmenU hnvo jtist hoen unearthed. I ndouhtedly the
more gaudy ones were worn !y flappers of the da v. Not
much is new.
The Kutfeuo employment hurenu is tloinjy a useful
work, alike to employers of tahor nnd men seeking work.
Tho eity council made no mistake in restoring to it the
email monthly appropriation necessary to keep it in
operation.
Kexford Kuthven Ki.lson is only sehoolhov, lo
is a reader, a thinker and a writer. The proof of nil
this is in his fino pioneer historical nrtiele running in
installments in The Guard this week. It is well worth
reading.
I COMMENT OF THE PRESS I
Uy a vote of 075 for to 158 against
property owners of Medford have vot
ed a bond Issue of $1S5,000 for a new
high ichoul building.
Five new business buildings are to
be built this year on Bond street in
llend, permits for their erection hav
ing been issued during the past week.
About flllXOOO was loaned by the
slate of trrgon to l.'IO farmers of
Sherman county to reined their froz
en out areas this spring.
Water Is now running In the Oeho
v cni and the U'1'5 Irrigation sen
Hon is on. .More than IM.lL'O acre feet
has accumulated in the reservoir.
Urcsune of prevailing adverse con
ditions in the lumber market, the
Troftpcr null nt Uandon will clo?a
down as soon as the present log Mip
ply is cut.
l.ttli-r tl, M. Thorpe, who for a long
time has served the Seventh-day Ad
en charge of the work at Tillamook,
liraml Hondo, Tuft nnd Willnmiua.
(tovernor Tierce tins issued requi
sition papers f'r the return to Oregon
from Illinois of Frank Hecob, who is
vn ( nl in Tillamook ou a charge of
grand larceny.
t In Lighter Vein T
By OHAW.HS I'. STEWAKT
fNKA Service Writer)
yASUINGTOX, May IS. A Span
ish anarchist I once knew had
been living in exile in Paris. The
French decided to deport him. They
shipped him across the Channel to'
Dover.
"Got any money?" asked the Kng
li.sh port authorities, not caring
eO Vs VL.'-
whether he was an anarchist or not.
"Not a sou," he confessed. "Then we
can't admit you," the officials ruled.
"Hero X am," rejoined the anarchist,
"with no way. of getting anywhere
else, What are you going to do?"
"Well, wait here," camo bueto r the
officials, locking him up. "We'll wire
to immigration headquarters in. Lon
don and find out."
l'retty iiuick back came a tele
gram from London: "Good gracious!
Don't you know political refugees
areu't in the same class with or
dinary immigrants? Apologize, and
let bim right in," Mow does that
compare with the immigration bureau
of the labor department here in Wash
ington V
Nobody is better fixed to broadcast
smallpox than the conductor of a
crowded street car. The health au
thorities have been pretty anxious
ever since they discovered one en
gaged in doing it, on the Washington
ltailway and Kleetrie line. He'd been
at it for several days, too. Hounding
up alt his "contacts" is impossible, of
course.
Ilight on top of this In came a big
batch of New York papers with au
anti-varcination story on tho front
page. Newsboys immediately began
selling them, yelling, "Vamnatioii
kills ninny'." as loud as they could.
"Not as many as smallpox," said
Health Officer Fowler, telephoning
InNcwYork
Uy JAMES W. 1EAN
VKW YORK, .May IX There is
little aristocracy left in Now
York and its landmurks are passing
as raoidlv as the lorgnette, tue old-
time bndne of social dignity, Yistur-j
dny 1 saw the first lorgnette Fve seenj
in many im-nths. It was nsed by a
woniiiu in a o,uick lunch room.
Ami Vincent Ator has sold tne oui
-ior homo at MU Fifth avenue. It
the police to shut off the yelling at
least.
More than a third of Washington's
present smallpox patients die.
The popular idea is that there's no
difference between republicans and
democrats any more that there are
conservatives and lihcruls, but that
a republican is just aa apt to be one
as the other, and so is a democrat
and so, while you can tell conserva
tives and liberals apart, you can't tell
republicans from democrats they
wear party labels but the labels don
mean anything.
"Ob yes they do," says Senator
Henrik Shipstead of Minnesota, the
upper House's lone Farmer-Laborite.
"A republican believes a republican
administration ought to name all the
federal appointees. A democrat be
lieves a democrat administration ought
to name them. So there's n radicnl
difference between tho two, you see.
Hut it'a tho only one there is."
'
The New Fbbltt, just closed nnd
soon to be torn down,'' not only wasn't
a new hotul, it wbb one of the oldest
in tho country. It was a great gath
ering place of notabilities during the
Civil war. President Lincoln often
ance. British distrust. Many things
may have to be begun all over again.
m m m
Considered simply from a domestic
German standpoint, there 1b much
that is understandable, and some that
is perhaps even defensible in the re
sult. , If it is "the (Humph of reaction,"
Germany is at least the last govern'
ment to join in that world-wide move
ment. There is a reactionary or con
servative government in every coun
try in Europe, west of Itussia, and a
conservative one in America.
Poincareism jn France preceded
Hindenburgism in Germany, and was
in large measure responsible for it.
Nationalist isolationism is rampant
around the world, and is as natural a
product in Germany as elsewhere.
Between "old Germany' nnd "new
Germany," such Germans aa follow
the American habit of "thinking with
their memories" may recall that the
old Germany was prosperous, power
ful and orderly, while the new Ger
many is poor, humbled and disorgan
ized. To realize that the old Germany,
in this sense, cannot be got back
merely by voting for it in another
sense would require other faculties
than memory, Kven as between mon
archy and republic, it is fairly debat
able, considering internal affairs
alone, which is the better adapted to
the German temperament.
Eft iff
conferred there wth various Union
commanders. It was tho Beeno of
numerous historic social functions. It's
"crystal room" was world famous.
President McKinley, Chief Justice
Tnft, Generals Grant, Sherman, Han
cock and Custer and Admirals Far
ragut. Porter, Scott and Howan were
among Its guests.
.
Speaking of Immigration bureaus,
Argentines wouldn't allow their em
bassy here to approve Judge K. II.
Gary's passport, for a South Ameri
can trip he took some time ago.
until he'd proved he couldn't possibly
become a public charge while in the
republic.
.i J , I via ,e rated and on s ail a -it-story
veu n( rhurch at ancouvcr has ak-1" , c ' ; ' , ... . -,., i
. . . ... -i. .t-:i..... i. 1 apartment hotel will be erected.
Hie Aktor lUMiaC was Douni ny n. u
jamin Winter, who came here -4 ea-a
ngt as au immigrant from Poland, He
wns pennilfs then and did odd job.-
for his landlord in lieu of the first
month's rent. He then worked as
house pointer and bought real estate
with his saving. He has become one
of the higgett realty holders in New
York. IMs new hotel will coat ten mil
lion dollars.
The Tims to Go Fihlnn.
(t'hstnite. Kan., Tribune 1
The correct lime to go fishing d f
noi depend " much on the moon, the
suu, the direction of the wind or two
the cond't'.on cf the water. The tor-
cleaning atari.
eight million dollars to be put on the
invitation lists of the higher circle.
By the way, the "four hundred"
now has about 1100 on its list.
Over the entrance of Mouquin's, fa
metis old restaurant In the drab auc
tion of Sixth avenue is a sign severj-l
feet higt. "OPEN." Tnis was the first
cafe padlocked by listrici Attorney
lliukner. New th.u it has reopened
all its old patron seem to have de
serted it. Tor it was empty and lit
doorman was dozing w lien 1 pttsxid
last night,
You prolvibly know of men who caa
xlcep through the din of a boiled fac
tory or the terrific odor of a soup
factory. They became calloused to ths
r xtriiordinry cirrWistsnees of their
e mploymrnt. 1 did not believe that
tiny m:in could sleep nlnle s flnvMigl.r
photograph was being made of hi:u,
but the other day Frank Merta, new
liot-'grnplier, fell aslep white nil tin a
m a chair. Three ph..toirpW mide
flashes of him but the eiplusi n snd
lite bright flare of light did n.i
nnaken him. When he finally
toe purpose of th. u .
contain . ior "'"!'
bat tbe i
that .I.. I
ua ea faoM. V" 1
said; and with tbe further under
standing on the part of tbe said David
Eugene Olson tnat in the event that
the moneys derived from the sale of
the $200,000 of tbe capital stock
hereby authorized to be sold should
become exhausted before the suid
company has reached a depth of 3,000
feet in the, drilling of tbe proposed
well as set forth snd described in
dealer's preliminary statement, then
the said David Fugene Olson ahull
turn over to tbe treasurer of said
company tbe further sum of $50,000
of the capital stock of said company
to be sold and used in tbe completion
of said well.
"J. That all stock must be sold
for cash and at nar.
"3. That from the proceeds deriv- ! ai.nlication ..i ,u. ! Wrtaiem
ed from tbe sale of stock under this ; pany to sell i n in 7Bty 011
nermit So ner rent therei.r dm II h aw.L- if ... .. . " of iti ...
net to the company, and that the bal
ance, to-wit: 20 per cent, may be ex
pended in tbe expense of sale of stock
and other incidental expenses in con
ducting and carrying on the business
set forth and described in dealer's
preliminary statement.
"4. That a finance committee, con
sisting of J. S. .MeCtilhjin, Jessie G.
Wells and C. A. Olson, bo forthwith
appointed, who shall have complete
supervision of the expenditure of all
money derived from the sale of stork
under this permit. And it shall be the
duty of said finance committee on the
first day of each and every month
during the life of this permit to make
a written report to this department,
showing that fhe funds derived from
the sale of stock, aa aforesaid, has
been applied as herein set forth and
designated.
"o. Ihnt tqe applicant company
immediately open books of account.
and at all times keep said books in
such a manner that an auditor from
at any time th exact financial status ! . : . bur '
the terms of this permit are beius
complied with.
"0. That all the leases mentioned
company w8s so ,
ing and ,
p;t.s tUat ru I
srucie, I am. i.l
iurs r.SWtt(nllj
now noDdins in i.l, jT, " "tt ,
permit bO per cent thereof shall be stock. If v i,.,... " ', afc. I
Jiossessmn bearing UL1 a
permit, y.,u Wi...,""1,b?Wtbl
this deparlmi-nt and , 'V J
same. ' ' M ,l
a
I 2 YcarsAgn
fFrnm Th t, . .
The railro., , u'"'"'1'l
h.wk branch of l,e "so,,',, 1
is progressins rsi.MU-
A. F.
I granted
amh and l i t. .
msrrla..
. .. ...r,f
' .
tit.r conn. il ..ni.hi. I
inB derelopmen,, , wj
city officers' "'ins
Tomorrow aricrno.n ! 5 ...
.
oiiiru u iiiaiiui-r iiuii ua auouor irom Tli. ...j,,..:, . ,
this department can readily determfne ! , J L tr 5fr 'l"r 1 "
at any time the exact financial status ' ..J " . .from
of tho company, nnd whether or not : .....k- ..." ' 1 " "k"1- It:
.. .. . .... .. . . 1",HUI" nrrrv rum l eipri
. .. ....
Hen Mulkey is luivint ths n,M:
lun. vu ior nis new UWCII1D5 on sh j
...
Saturday evening Mil. Smit r. I
icr or mis cur, deputy iranri sr.. I
dent of the Heheltsli loHje of Owl
instituted a Indue nt Irvtnf sbnl
siarieu 0111 Willi a inembership of f
I J II.. .
.in. muu .Mis. .n.nn RPI T. 0
ncers of Springfield, are morin ul
iiicuu iu niase ineir Bome.
KCOEXE COLLECTION ARECCI.I
SL'S-ZD-30 MINER BI.DO. PHOS-I
00. W. H. BLOWERS. UOR
OREGON MOTOR CO.
Phone 1)40 930 OHt.I
Mr. Crews Writes on
Guaranty Affairs
Says Company Asks Permit to
Sell Only $50,000 More Stock
The most e solium society In New
York now Is a circle of publishers.
Mrii.r. art-hitrcls anil artiMs. Ac-
cnanilisbment is the sesame to tlieirin. paid e,e hsd drerttne.1 tbt lie w.i
ehanned s 'thcrms. I ney sr. .11 utskins lissnnani pio'ii'sr ipns.
fortnblv w ell off, but H " cn
nurse ham little or n thiii to do with ' ,
iveplnce into their company. nOWl'll V A M 1 1 II IL 1 1 1
I In the old aristocracy of the city j , 4
A w h-v ?:Tw1 c.nii:u n. owi:i.i(
trinladelphi. llulletuO ! T mU th r.tr" hW l Sti- -'MK " ' " ...,1...
Joe-I cam out about M t the'" 1 ihrgh wealth That id-a w burg's elation U m-i nuirn jn
g,od todav. ;,um-turil hru otll.onairea and other. bal it mean a in what the world
iini- i nni "mi. 11 tint u"i-rj iu h n!i rtUC8 -hIhm! WtO .CW W III i urn i i'-nn. .inmuij , b il 'Ult
ynn dci on r
Jte Nine,
I ttad that much
me. but I d'tlu't bt.
ilh
mrn, t!ie Southern Pacific, aroutrd by
The Ei Ht of Erta.
tllnrard I.anitoon1
i nsr are oir im itii Tmo;itn t
the nuddi'u actiu'y of in Ittll l un romradeT"
in KaMrnt Oregon, hss drvtdrd to:. 'Ot'm im uut the g.vrrumunt, d m
lis. '
Railroad Oevelopmeat Means pro. ;.Ht.Maiiiiatel by iVnUnd rulrond
(Mr.lfnr.l MoilTribuiie) '
If the railroad report from Yreka '
.wl ... is. r-if l...n M.lf..l'- i
. ' . lilt 1.1 r-.1ri...l si.- LI .,i
drcim of a railmad connection vrtth hrr hrrfi i (o trmilf Ml
the t-nnM nill son becotnt a reaht.i , !'t from 11 nnf.rtwk, connecting on tm is a ci mplrte aturvby.'
.Vtrordiiig to (hia rt ioit, i-artinll; he -at w itlt the MoUh Northern ami ; I -htn tn'm sg mt the inn hy."
Yurh It c't ne f It'1 leiers mi ior -- n rMi.piPi R
the i.'rearnt "lour hundred'' more thin; titer are in mo-t bnm:tn hapiH-mug.
1 liut the v rUl insist n siiin-ii-
fjiiig n e(uen!iiit.
' He t won "lit tirrmaiiT m,) nrw
t.ertniiny. il will br a ,, "the t;-r-nmi
ha.e .t. , (,ir i!r
(Mi;hl b.ivf IU li. lptti:;v snd ,..(. r
atirly wi h the n- tiniuiin. ht
old liotionv n b dslt wi h ou!y
,n tlif .'!d ."
S- l.rr:t'-tu r-irti,.j t-rrr-l f'ir-
th'-r I'rrih ti rttit-ii; t,nm,io dt"t.
A THOUGHT
He that refraineih his lip i
There i u
s'deiiif. He.ir
dtptotivicy 11'
field.
I
SALEM. Ore., May 12. (To the
Editor) Referring to your editorial
of the 11th inst., 1 will say the infer
ence you intended to convey and did
convey therein, is entirely unfair nnd
unjust.
In the first place. I was not pres
ent at any "stockholders selling cam
paign meeting" of the titiaranty Oil
Company at Eugene or elsewhere. 1
did. however, attend a meeting of
the stockholders of said company on
AYednesday evening. May Ci, nt Eu
gene. I was there wholly in the inter
est of those wlifi had alrendy pur
chased stock in said company and did
then and there advise them against
the farther purchase of stock in that
or any similar company unless they
were able to lose the entire invest
ment and warned them of the highly
speculative character of suvh securi
ties. ' At said meeting I advifed Hip
stockholders there assembled that I
was informed that the tJuarsnty Oil
Company stood ready to refund to
any stockholder the amount paid by
him together with interest thereon,
and advised them If any one felt that
he or she had made a mistake and had
parted with numey that they rould not
afford to lose, they should avail
themselvea of this offer.
1 have not a yet granted to the
Guaranty Oil company a permit to sell
any further amount of their capital
st.n-k. They have on file, however, at
llr time an application to sell an ad
ditional amount of 0m. I have nt
a yet given the matter sufficient tn
I viMtigation to justify action thereon.
If I shuld grunt such n permit, it will
contain a condition that I have re
cently adopted in similar cases, that
i eai-h siibfi'riber mnt sign a subserip.
tion rontrji-'t a follow;
"I hereby certify that T have nude
an examination satisfn.-tory mv
self of Hie assets and lisbiliites. snd
am fully aware of the affairs, pur
poses and ohjeeu of ihe Guaranty Oil
Co.. and I maAe this purchase fully
realizing that this i a highly spe,-tj.
lative venture, nnd feebng able to
sustain the l..s of this entire invest
ment in the event oil i nM s'ruk
n commercial uusntities.
That y,u imir bp nth ird of the
Position tht thi department ha
taken in the- nutter of the ale of
f.'itirintr ' M Mm-k. I will state that!
the f.. Hon ing i a r-x of the condi-
lions routnmrd in the permit held Nt
it:
' 1. Thai the amount of the capi
ta stork, tow it! f:;int(nn thereof
ot-d to Osvid I'tigene )U n, I'. A.
UN n anl W. . Ssce. nnd not incbid
cl in hi permit, shtll be forthwith
the hoMer af.rea d pN.-e.l tn e
cfow with the inTrNrr ,,f the.luMr
!ntv U'l 1'omp.ipv of tirrfn. am to
held h stud secretary d'trtre the
iife of tin permsr, or und re!cned
bv o-ter of th' department. nd the
e.-retary is iSereJ.v re-pilred o notify
th- dprm.nr ,.f it-e f-(.t !t,.t .vd
t vk ha-. lecn to .. vwcd t afore-
The AVnman's Kepuhlicin t.,
in applicant's preliminary atatemeut. 1 1 .. . no? of
and all other leases acquired by ap- wnm.
plica nt in connection with the Eugene
enterprise bo placed on record, and
the book and pngo of the record of
each lease be reported to t Ji is depart
ment. '7. That all units or shares here
tofore pold ih said lea sea be surren
dered to tho secretary of Ihe Guor
anty Oil company of Oregon for can
cellation. "8. That no advertising mutter
shall be used in the sale of said stock
without first submitting the same and
receiving the approval of. tho Cor
poration Commissioner.
"U. That applicant snail every 60
days, commencing with the first day
of July, ilCd, furnish tbe Corporation
Commissioner with a correct list of
all persona to whom stock has been
sold, together with their addresses,
and the respective amounts sold to
each, and tbe amount paid by each in
cash. And it may be understood that
a stock subscription contract wherein
a portion has been paid down in cash
and the balance to bo paid within VtO
days shall be considered under this
permit as a cash transaction.
"All persons engaged in the sale of
the above securities, other than cor
porate officers, must register unless
they are employes not working on r :
commission basis and selling over the 1
counter, but corporate officers must
also register as agents before selling 1
the above securities if they propose;
to handle the same on a commission, !
salary or other basis of remuneration '
graduated according to the number of j
shares sold as the result of individ
ual effort. Corporate fiscal agent
must be registered with this depart- i
ment, j
"You are further advised that in '
the issuance of this permit the action I
of this department is permissive only, 1
and it is not to be construed by you,
or represented by you or your agents I
to others as a recommeudation of the :
securities therein nuined. Any mention
or reference to the lllue Sky Law or ;
to this department in connection with
the sale of said securities, which in
any manner is calculated to give the
impression or suggestion to prospect
ive investors that this department !
recommends the snme or has made
such an exhaustive and conclusive ex- !
animation as to its investment mer- j
its before issuing this permit ns to !
eliminate all risks as to such invest- j
ment, is positively prohibited.
"The foregoing shall be deemed
conditions of this permit.
H is my emieavor to protect pur- ;
chRscrs of doubtful securities just as
far as possible. As you know, it is not
MR. HAPPY yyy-
PARTY f f
PHONE OROlfc
SO VOU'LL KNOW
WePRlNTOURNUMBH
DOYfN BELOW I
'TAKE a look at the ttlf
phone number printed
below. Take several looki
at it. When you want to
order choice, well condition
ed meats over t he phone re
member that number. Take
another look at it now. I'm
you remember it?
Watch for Mr. Happy
Party
i EUGENE
PACKING CO
t575Wnianiette5l
Henry Ford Knows
the Value of $5
Ford knew that most people who thought they could '
own a enr wpra mistaken. Ho knew tho power of "cn"f
lated small amounts diawliiK interest. As a result V "
buy a Ford today with $5 as a starter.
And so It Is with most everything you desire. Your biSS
hinneronce is not your small income, but you. N
what your heart Is set on. bo it a limousine or a r,l0J
a few dollars deposited on Interest every ei'k i
brlni It to your door.
Onen a savlnoa Dmml -Uh ... rl.hl ttw.n Kven S
will do. Then add to it regularly. Success is l"t' ,0 C0B !
U.S. NATIONAL
B A N IC
(Sta Bonk cf Service
EUGENE LOAN SAVINGS BANK
M BanA for Savings
CHIROPRACTIC
Its growth and success merits your Investi""1'" j( !
Headache, hlrli hloo.1 nrpitnra rheumatism. """c ,w ;
bowell trouhle are cured by scientifically ro-onlm'1 j
principles of t'hin.practic with electro-therapy. ;
rhone 35.VJ i
DR. GEO. A. SIMON
OVER PENNEY'S STORE