The Maupin times., October 21, 1926, Image 4

0
Bonds I
Voters tre urged to read Section 4 of the Housewives'
Council Constitutional Amendment authorizing the
State of Oregon to go into irrigation schemes and into
the business of manufacturing light and power.
"Rends of the State cf Oregon, not to exceed five per centum of
the assessed valuation of the state, may be issued and sold from
time to time to carry out the purpose of this Article and full faith
and credit of the State of Oregon is hereby pledged for the pay
ment of principal of said bonds as the same mature, and the in
terest accruing thereon as the same falls due."
Every voter should know that the assessed valuation
of Oregon is $1,058,880,736, and that the Pousewives'
Council "Water and Power" board could issue and sell
bonds $53,944,000. Your property would be a guaran
tee for the payment of this huge debt.
Oregon's total bonded debt, including that of all polit
ical subdivisions, is now more than $166,000,000. Us
State bonded iudebtedness alone per capita, $47,03 is
the highest in the Union.
As fast as this political board might retire bonds, it
would have the power to issue more; and as the as
sessed valuatiots increased the amount of bonds could
also increase.
nous. Ho ought ubyut 750 ewes trom
Ed. McGreer
Mark Blakuley of Powell Butlc,
Oregon, was In Antelope Friday, In
stalling n Delco Hitht plant fur the
Odd Fellows.
Otl Prodlt Is In tho barber busi
ness again.
Mrs. L. B. Payne and daughter,
Doris, of Rufus wero calling on old
friends Saturday.
Rev. J. A. Tcn-Brocck, of Tho
Dulles held services at tho school
house Monday night.
Mr. and Mrs. R. E. Castbolt and
children drove to lone, Oregon, Sat
urday evening to visit relatives.
North Dakota is Still Paying For Her Failures
i n mi
Paid dvertisement by Oregon Public Utlity Committee Opposed to the Hosewives' Council "Water and Power" Bonding
Amendment 424 Pacific Building, Portland, Oregon.
TOTE
Terrill Cusebolt In spending a few
duys In Tho Dulles.
Mr, O'Mally and son of Burns,
Oregon, wero here Tuesday, trying to
buy a band of ewes.
D. J. Butcher of The Dalles die
trlct manager of tho Pacific, Tele
phone nnd Light Co. called at tho lu
cid offk'o Monday. '
Mr. and Mrs. J. T. Jo not and child
ren of Dufur, spent the week end
with Mrs. Jones parents, Mr. and
Mrs. G. II. Render.
FOR SALE 60 head o purebred
Rambouillet Buck. Emll Hach
ler, Waplnltla, Oregon, . 48-ttt
at"
Shady BrocK
Community Hall
Saturday
OCTOBER
5-P
ON E OF THE BEST
lece oa
nd
in this part o f Oregon will furnish the music, and
this fact alu ac should induce all to attend at the
time dated. Forget your troubles and come out.
Tygh Nc ws
j Falls. They attended school at that
lolace while there
Leo and Lorine Britt ain v 'ere back I The Tygh Valley Grade school is
in school again this week, alter a getting ready for a Hallowe'en din
visit of a week and a hi If at ; Klamath i ner on Friday, October 29.
I Nina Christian is enrolled in the
Grammar school again. During the
previous month she has attended
school at Wamic.
Mis3 Elsie Ledford gave her friends
a pleasant surprise, when she return
ed to Tygh Valley last Thursday
evening. She visited the High school
on Friday.
Miss Grace Morrow and Miss Char
lotte New were visitors in Tygh last
week.
A wreck occured Sunday October
10th, about a quarter of a mile east
of the White' River bridge. An Oak
land sedan, occupied by the Novak
Orchestra, turned over several times.
No one was seriously hurt.
The freshmen of the High school
held their first meeting October 13.
They elected Vern Starling, Presi
dent; Willard Ober vice-president;
and Bernice Muller secretary-trcas-ecr.
e
Mrs. S. M. Hood of Rainier, Ore
gon, is visiting her son, G. A. Hood, at
the White River power plant.
The upperclassmen of the Tygh
Valley High school are working on a
play, which is to be presented some
time in November. The play to be
given Is "The Arrival of Kitty" and
the cast selected is as follows:
Aunt Jane Rachel LuCore
Kitty Esther Knox
Suzette Verna LuCore
Wm.Winkler Clair Norval
Bob Baxter Arthur Muller
Tinglepaugh Henry McGreer
Samuel Robert Halman
Benj. More Milo Steers
The freshmen class of Tygh Val
ley High school bas gained a new
member. Charles Nelson started to
school October 4. There are now
14 members of the Freshmen class.
Vern Starling has been milking
cows at the Frank Batty ranch for
the last few days.
Ed Steffan, who has recently come
back from the mountains, said that
he killed several bears this fall,
which weighed on an average of
seven to nine hundred pounds each.
He also saw some deer, but could
not get a shot at them.
Portia Butler and Rachel LuCore
were visitors at the Bonney home
Wednesday evening last.
Aunt Margie Harper was a busi
ness visitor in town Wednesday.
A. E. Gronewald, county achool
superintendent, visited the High
school Thursday afternoon. He
took Portia Butler and Bertha Mul
ler to The Dalles with him, where
they attended a dinner given for the
boys and girls of the county who
won blue ribbons at the conty fair.
Mrs. C. Lofton visited Mrs.
Clyde T. Bonney on Tuesday after
noon. Miss Margaet Elliott assistant
teacher in the High school, was a
visitor at the Butler home Sunday.
You know that R. E. WILSON
CO. brought price down in Maupin?
TRADE WITH THEM.
SIIANIKO HAPPENINGS
Frank Forman of the Tub Springs
district has rented his wheat ranch,
and will move to Estacado, Oregon.
Otto Schmidt made a business trip
to Yakima, Washington, last week.
C. S. Covey went to Independence,
Oregon, last Saturday to purchase
some Lincoln rams.
Mrs. Minnie Lang spent Friday in
The Dalles.
A. Patjen, an extensive wheat
Grower has gone into the sheep busi
ly- ,liU
Taxation, Capital and
the Oregon Farmer
Br BRUCE DENNIS
Author of the DannU Resolution.
During the heat and excitement of political cam
paigns and the confusing statements that attend
them, we arc apt at times to forget hard economic
facts, and the bitter fruits of some pet "ism" that
look good in theory but do heavy damage in practice
Vnr this reason it is time to begin
telling a few plain truths about land
taxation, the incomes of our people,
corporations and industries, and
again bring to mind the fact that
capital does not need Oregon but
Oregon does need capital.
And the reason why we should con
tinue to remind ourselves and our
friends is because another effort is
beiner made to force a state tax in
come tax upon our people despite the fact that prac-"
tically the same tax cost many millions in capital
and improvements to Oregon before it was repealed
in 1924. We cannot expect a proved breeder of hard
times to bring good times, because it can't be done.
And here are a few of the reasons why:
In all of Oregon's 96,000 square miles there is an
'estimated population of only 825,000 people less
than 9 to the square mile. We have 55,157 farms
an average of one to every 15 people. We have only
2500 industries that employ live men or more an
average of one industry to every 330 people;
Out of Oregon's 825,000 people, 782,256 didn't have
net incomes big enough to file income tax returns.
Of the 45,5-15 who did one-half of them showed earn
ings under $3000 and only 311 had earnings in ex
cess of $10,000. Only one-fifth of Oregon's 5000 cor
porations made enough to file returns and of the
1073 reporting, 478 made less than $5000, and only
183 made in excess of $20,000.
Our farms and our industries are our two main
sources of new wealth. They both face hard prob
lems on account of scant and scattered population,
long hauls, competition insufficient capital and
heavy and ever-mounting taxes. If our farms are
to prosper they have to secure outside money for
loans and money to finance crops. If our indusries
are to develop they have to finance their purchases
and payrolls. Both have to have markets and that
means new people and more industries. i
That is what the Dennis resolution is designed to
do. It is an invitation for capital to come in and help
us all -out. We have to have money for farm loans
and no matter how pretty this talk sounds about a
state income tax we cannot escape the economic and
unalterable fact that new capital which we require
does not have to and will not come to Oregon unless
we make it advantageous for it to do so. ;
We must remember there are 120,000,000 people
in the United States. Of them one hundred and
nineteen million plus, live outside of Oregon. They
have plenty of need for the -same money in ctise we
of Oregon don't show that we really want it. We
tried it once and before the people repealed the
state income tax it cost us millions; drove indus
tries, payrolls and taxable wealth out of Oregon and
taxes still went up ! Every farmer who hacf to bor
maney knows what it did to him, too. !
No forward thinking and constructive ; citizen
wants that disaster to happen again.
Instead of making things hard foV everybody
farmer, merchant, industrial worker and citizens in
general we want to have a purely economic problem
taken out of politics. The way to do it is to vote no
against both the Grange ncome Tax Bill and Offset
Tax Bill and vote yes for the Dennis resolution. By
this means we guarantee to every citizen, industry,
and to capital that there will be no income tax be
fore 1940. It further guarantees to every! family
that they will not have to pay taxes on their savings
when their bread winner dies. It is a prosperity
making measure it is sound business policy and de
serves every progressive citizen's support. ;
Vote 306 X YES-Dcnnis Resolution.
329 X NO-OlTset Income Tax Bill.
Vote 335 X NO Grange Income Tax Bill.
Paid Advertisement
Greater Oregon Assn.
J. 0. Elrod, Chairman
M. S. Illrsch J. B. Yeon
Ira F. Powers W. S. Bubson
J. H. Burgard O. G. Guild
R. L. MaclcayH. J. Frank
419 Oregon Building.
Portland, Oregon
i