1
THE COQUILLE VALLET SENTINEL, COQUILLE, OREGON, FRIDAY, APRIL 14, 1»M.
PAGE FOUR
4
-X.......... I— ...................... 11 .1........ -
The Sentinel
*
sses
meca
is
a
«eos
tows
H. A; YOUNG and M. D. GRIM Eb
Puhi inhere
*■
H. A. YOUNG. Editor
Subscription Rates
One Year ........ «............................. >2.0C
Six Months ..................................... 1JM'
Three Months................................. -6'
No subscription taken unless paid
for in advance. This rule is impera
live.
Advertising Rated
Display advertising. 26 cqpta pei
inch: less than 6 inches, 80 cents pei
inch. No advertisement inserted for
less tlun 60 eenta. Readings notice*
10 eenta per line. No reading notice,
or advertisement of any kind, insert-
. ed for less than 26 cents.
’ Entered at the Coquille Postoffice a»
Second Class Mail Matter.
Office Corner W. First and Willard St.
DEBT RELIEF
UNDER ROOSEVELT
>■!.»■■■
a . s ............
TABLOIDS
by H. b. ¡sicken»
“All 1 know is what I read in the
paper«. '-Wirt-Rogers.
Revolutionary Theories?
Inat mere will De a complete break
down ot the present systems of taxa
tion in thia cojintry seems imminent.
r rom such a disaster—and I doubt ii
it would oe a disaster—"will arise a
method of providing for the -cost ol
government that will be based on rea
son and honesty. The most important
thought in connection "with a new sys
tem for raising revenues ia the freeing
of capital and labor from present im
posts and others that threaten in the
form of'emergency expedients. Free
capital and labor from taxes? la it
a wrild utopian dream? Believers in
the single tax maintain that it can be
done.
It ia throttling (taxes that makes re
covery from the depression more dif
ficult. Every effort to promote busi
ness hae to face taxes unparalleled
m nature.
Just imagine the results from the
innouncement that busiiteS« would no
onger be taxed; that the huge finan-
*ial load that business is now shoul
dering would be entirely removed.
The depression would be over in a
nonth.
Every business man would breathe
4 great sigh of relief. He would in-
•rease his investments, his promotion
Activities, and would add to his force
>f employees and greatly augment his
lusiness.
And if labor were also freed from
-his incubus—yes, the average work-
ng man will aay that he is now free
.rom taxes, but he is laboring under
x delusion. Every article he buys is
ncreasad in price because of the tax
...at ail businesses are now paying.
Bu( if capital and labor are to be
.eneved of all taxation, from what
.ource will the government procure
.w financial needs
From land values, the single taxers
tell us, and by that they mean that
.Mers of land should pay rent for it
nto a -coommunity fund that would
pay all of the coot of government, and
ne rent would be less than that now
paid in taxes under the present sys-
.em.
Great cities were formerly farms;
.'ornfields were turned into city blocks.
The value of this land was increased
n some cases ten thousandfold. Who
.rested these increased values? Cer-
teinly not the land owner. The citi-
.ens who built up the community cre
ated these values. I believe thorough-
y in the principle that when anyone
-■reatee a value of any nature it is
lis personal property. Therefore, if
*• adhere A this absolutely just prin
ciple, the land values created by any
community or city should belong to
-he citizens who created them.
That is the firm foundation upon
which Henry George built his theory
if single tax; that ground rent, in
stead of being paid to land owners,
should be paid in place of taxes to
he government
Now you can call that principle
single tax or give it any name you
choose, but it is the simplest form of
justice. What you create should be
long to you; what the community cre
ates dhould belong to it.
This is a great subject and much of
.he foregoing language is not my own.
1 have gathered it from much matter
that has come into my hands of late.
Henry George’s book, “Progress and
Poverty,” has been in my library for
wenty years, but 1 haven’t given
.nuch thought to his philosophy until
ately. The more I think about it the
•nore I wonder that an enlightened
people (in everything but taxation)
.’an tolerate the penalizing of indus
try.
Lincoln would have freed the slaves
by federal purchase from their own
er«. He would finance the purchase
with federal bonds, to be serviced
and redeemed 'by federal taxpayers.
If his proposal had prevailed, the fam
ilies and finances of federal taxpayers
would have suffered less than they
did suffer under the sacrifices oi
blood and fortune that were involved
. in carrying the civil war through to
a decision.
R .oesvelt would relieve debtors by
federal purchase of their mortgage
debt from th^' insurance companies
and other owners of bonds and mort
gages. He would finance the pur
chase of farm mortgage debt by a
two-billion dollar bond issue. Further
billions of bonds would have to be
issued to finance purchase of mort
gages on city homes and bonds of
railroads and other essential public
service enterprises.
Principal and
interest of all this debt would have
to be readjusted downwards to » point
low enough to perpjit most debtors to
pay out, else the federal government
would have to take over and operate
farms, railroads, public utilities and
residential realty.
The write-off of
principal and interest would have to
be made good by federal taxpayers
during forty years by servicing and
redeeming federal bonds.
If Roosevelt’s leads hip is followed,'
federal taxpayers may suffer less than
they are likely to suffer if debtors are
rendered desperate by loss of home
and property along with loss of live
lihood.
Against the Roosevelt policy of or
derly relief from excess debt at fed
eral taxpayer expense is the argu
ment that under heavy federal taxes
for debt relief, farm relief, unemploy
ment relief and destitution relief, so
much income and capital will be taken
from federal taxpayers that taxpayer
enterprise and federal credit will
break down under the «train. If fed
eral credit is lost, private creditors
will face ruin.
The alternative is to refuse to fol
low Roosevelt’s leadership and take a
chance on what may happen to the
social structure under repudiation,
foreclosures, receiverships and bank-,
ruptcies that will transfer the bulk of
debtor property to creditors who in
turn will have to take heavy losses in
trying to operate it and dispose of it.
If this enforced liquidation involves
too mapy debtors in ruin, momentous
consequences may develop.
Roosevelt's policy is the policy of
courage and hope, not of creditor
Lincoln would have freed the slaves
laiesez fairs and debtor despair. If
>y
federal purchase from their own
it is supported by Congreess and is
administered without too heavy losses, ers, financed by the sale of federal
it may save the country from peril >onds. This fact in history ia recalled
and give millions of deserving debtors >y Oregon Voter, followed by the
a chance to survive. With that chance statement that had Lincoln’s proposal
their enterprise may re-establish prevailed the families and finances of
prosperity, win fortune and share the federal taxpayers would have suffered
tax burden of bond redemption.—Ore less than they did suffer from the
sacrifices of blood and fortune that
gon Voter.
were involved in carrying the civil
war through to a conclusion, This
Oregon’s higher educational institu editor then
refers to Roosevelt’s
tions are facing the stupendous task
program of debt relief with the
__
of reducing the budgets for next year
thought that federal taxpayers may
at least three quarters of a million
suffer less than they are likely to
dollars under the going rate for this
suffer if debtors are rendered des
year, Chancellor W. J. Kerr told the
perate by loss of homes and property
university and college faculties at re
along with the loss of livelihood.
cent meetings. Means of savings out
lined by the chancellor included re- I ' Roosevelt’s policy is referred to as a
I policy of courage and hope and that
ductions in offerings through élimina-
a refusal to follow his leadership is
tion of duplicating courses and highly
. -»,.„
. .
—
specialiMd .objecta, elimination of to our
* * may h“PP*n
to our social structure.
«mall classes, increa«ing teaching load
•—
The editorial referred to appears
reductions in administrative costa. '
The fundamentals of education, Dr.
Kerr stated, must be maintained and
the quality of the work given must be
The Liberty Theatre’s special Sat-'
urday night offerings give the town
the appearance of having some night
life. The oldsters and the youngsters
both are "stepping out" for a mid- [
night frolic and parking space is
scarce.
-
œnimei.
A. _
, ..
. .
alreadv be n
tj* *lph*bet
•lre'd?.b~n«" <tosign.ting
and describing vitamins we will now
kept at it« present high level.
i begin using numeras] for additional
I discoveries in the vitamin field, start
What a wonderful difference the ing with 3.8.
warm sunshine makes. Yesterday was
a perfect spring day, and there were
White corduroy trousers I Look nice
more people on the streets than there when they are clean. Not often clean.
•
have been before in months.
The Mother and the wash-tub.
What’s
stores all were busy, too.
ths difference? Rah! reh!
EVERYTHING NEW
, Forty states have received relief
loans from RFC.' Oregon has receiv
ed >2,078,838. Illinois has received
the greatest amount, the sum being
>44,738,621, yet Chicago school teach
ers have not been paid their salaries
for the past six months.
f-
EASTER
Make that your slogan, as it is ours . .. “Everything new
for Easter.” You’ll find our complete Easter stocks a joy
to shop from, and prices right now are so temptingly low
that it’s really an economy to select an entire new outfit,
from head to toe!
Amendments to Bancroft Act
The “Bancroft Act,” the state sta
tute which has long enabled cities to
issue bdndw foV-street improvements,
seworfeonstruction, etc., was amend
ed by the last legislature to specifical
ly include also; “installation of orna
mental street ' light«.”
This was
passed as a hint to al) towns like Co-
juille. The brilliant show windows
if Mountain States Power Company’s
-tales room are the only lights that
can be noticed at night in Coquille's
down-town district
Another amendment to the Ban- |
erdft Act permits rebonding.
The
measure provide« that a property own
er who is delinquent in his street»as-
sessmentr may, with certain cona
tions, file a new application to pay (he
amount of his delinquent assessments
in twenty semi-annual -installments.
Another amendment permits cities
to accept its bonds in payment of
street asnessments. Here is a pres
ent-day advantage: if, for example,
you could purchase a bond for 26 per
cent discount the city will accept it
at par.
Here’s a Mighty Smart Hat
at a Mighty Low Price
It’s the quality that makes it
such strong value—the firm
•felts, the splendid finish’.,and-
tailoring; the smartness of
shapings and col
orings. Such hats
never before sold
at
Easter Outfit
here
at a
this
Shirts
$1.00
$1.95
$1.25
Ties
Hose
These shoes are a real buy for
they combine smartness, com
fort and quality.
Oxfords
Black and
Goodyear
leathers.
brown
ealf,
While general fund- warrants are
The man who appreciates
being indorsed “not paid for want of
values will choose these.
funds” and probably will continue to
Two-tone tan and brown ven
be so indorsed for the next 18 montbs,
tilated oxfords, also the new
there has been a decided improvement
black-white com
in the condition of the state's finances
See Window
bination now
during the past two weeks.
Displays
The >700,000 loan from the highway
department hae been repaid in full,
and >730,000 of the >1,000,900 loan
from the bonus commission has also
been repaid. Against this retirement
Oregon
Coquille
of >1,430,000 of obligations there is
an accumulation of approximately
■JT ' • V
>1
>800,000 in unpaid warrants or a net
r
gain of approximately <650,000 in the
.
.....
.1
”
condition of the fund.
I
■•••• —---------------------- ~~
«
With the highway loan wiped out' more than a month ago the presiding unexpended balance remaining out of
and the bonus commission satisfied officers and desk clerks of the two a total of >86,122.49 contributed in
for the time being State Treasurer branches completed their work only the form of a days pay eaqh month
Holman has announced that he will last Saturday. They have been on last winter.
now turn his attention to the bank the job checking up the records of
loan of >1,024,000 which he proposes the session in preparation for publi-' Thirty lives lost and 100 persons
to whittle down as rapidly m funds cation of the House and Senate jour- injured in Oregon’s average annual
toll to the fire fiend, according to A.
Mils.
are available.
H. Averill, state fire marshall. Prop-
'I have never found a medicine that
Retirement of the highway and bo
Probably the first race meet to be erty losses from fire average more ‘peps you up like Kruschen Salta and
nus commission loans to the general
better still, leaves you ‘pepped up.’ I
fund were made possible through re held in Oregon under the new act than >3,000,000 a year.
take it two or three times a week—
not to reduce but merely to feel good
ceipts from the income and excise legalizing horse racing end the pari-
and clean. My husband took it to
F. F. A. State Convention
taxes and insurance fees during April. jpu(ue,l system of betting, will be
reduce, he lost 16 pound« in 4 weeks."
The next sizeable contribution" to the staged at the fair grounds, Salem,' The fifth annual state convention of Mrs. 'E. A. Ferris, Washington, D. C.
general fund will come in May when July 3 to 8, inclusive. Profits from the Oregon Association of Future (December 29, 1932.)
an<i >t the same time
property taxes come due. These are thi« meet, if any, will be applied to Farmers of'America will convene at I ’ T° !0’«
in physical attractiveness and
expected to be sufficient to complete ward financing of .the state fair in Corvallis April 20 for a three-day ses-1 gain
---- - spirited
r...
feel
and
youthful take one
retirement of the bank loan and to Sf ptember.
sion. Representing this organization I half te
teaspoonful
*s|
of Kruschen in a
make possible the calling of many of
arejhe Smith-Hughes agricultural1 *££ morning**^ beior* bre,kf*rt
Defeat of senate bill 19, the much
the warrants which are now being in
students in thirty-five high schools in * a
‘“t 4 weeks «»»tii but a
discussed public utilities bill, in the
dorsed.
Various parts of the state. According trifle at
------------------
----
Fuhrman’s -- Pharmacy,
Inc., or
Not even the most optimistic statis- last legislature, is laid at the feet of to Tom Willett, Wallowa, state presi- Mny dru igstore
P»tore in the woi
world but be
a
powerful
utilities
lobby
and
utility
tieian in the treasury and state de-
r.et KJru«c>‘«n Salta the
dent of the Future Farmers of Ameri
oartmeifta, however, can see any pros controlled legislators, by Charles M. ca, there will be more delegates at SAFE way to reduce wide hips, prom
pects at this time for the state to go, Homas, public utilities comm im ion - tending this convention than in any inent front and double chin and
living—money
iff the warrant basis until the latter ei, in his first public statement previous year.
, back if dissatisfied after the first jar.
part of 1934, unless a new loan is touching on this subject. Unless the
While at the convenation, the Fu
floated in the meantime to put the complexion of the
«... legislative body ture Farmers will transact their regu
date back on a cash basis.
, materially changes and the lobby
lar business, elect ten outstanding
For the first time in more than ten ■ activities are discontinued Commia- boys in the state for the degree of
vears the state is not only living with- «toner Thomas declares there is no State Farmer, select the "Keystone’*
in its budget j>ut is slowly but surely hope of satisfactory legislative ac- chapters, and give special recognition'
on all kinds of
ligging out from under the huge defi- t»n looking toward adequate pro to honorary members. The four win
fit which has accumulated in that tection of the consuming public.
I
ners in the sectional public speaking
At the aame time as be takes this
time. Barring unforseen emergencies
contests
will compete for State
the
dafteit of
n/ >3,924,011
iSMiAII with
_l»k which
— kl.l. slap at the lobbying activities of the
the deficit
championship. One of thia-<roup of
big
utilities
Commissioner
Thomas
Local and Lone Distance
he general fund was confronted at
four will be Bill Floten, of Coquille.
he beginning of this biennium should warns that unless reasonable regula Vocational agricultural contests and
ue reduced to something like >1,000,- tion can be brought about through demonstrations will be of special in
000 by the end of the present two year legislation, public ownership is the terest to the 260 Future Farmers at
only alternative.
period.
Phones 101J—224L
tending. Other events Which will oc
cupy the interests of the boys are:
Collections from income and excise
The new automobile licenses, in
mock livestock auction, hog calling
taxes
in
Oregon
this,
year
are
40
per
style after July 1, will be black and
broadcasts, banquet,
« contest, radio
Mansell Drayage &
yellow—black letters and figures on a cent below those for 1932. The tax tours and a leadership school for lo
yellow background.
Secretary of commission in making up the state cal officers of Future Farmers.
Delivery Co.
State H om placed an order for 260,- slump at 36 percent, which was not
The fsthers of the high school boys
000 sets of them this week at a price far amisa.
have been invited as the honored
slightly under eight eenta a pair.
guests and apecidl entertainment is
MsaMamoM-.
State House circles were shocked planned.
and
saddened
Monday
by
the
sudden
The state fay- will open on Labor
I
Day, September 4, thia year for a death of Charles T. Early, chairman
Camp Fire Girls Notes
week’s run. This will be the earliest of the industrial accident commission.
The Cheskchamy Camp Fire girls
date for this fair in many years. Appointed by Governor Meier at the
Horse racing wiH be the big attrac outset . of his administration two elected the following officers: Presi
T he
tion on the amusement program. Pre years ago. Early had thrown himself dent, Betty Brady; vice president,
A tlantic M onthly
mium awards will be cut to 50 per wholeheartedly into the work of the Alice Wheeler; secretary, Margaret
cent of those of previous yean due to department which has been going Daniels; treasurer, Elois Wilson;
AKE the most of your read-
the fact that the legislature cut off through the most trying experience scribe, Janie Ferbrache.
ing hour«. Enjoy the wit,
in its entire history. He literally
Vona Van Meter and Leona Belle
the fair apropriation entirely.
the wisdom, the companion
died in the harness, talking sick at his Coy were voted into the group. The
ship, the charm that have made
Stete Treasurer Holman is absent desk to which he had come early in other members of the group are:
the ATLANTIC, for nenvty-five
Marjorie McGuffin, Margaret Daniels,
on another vacation. Because his the morning as was his custom.
year«, America’s most quoted
-------------
Bernita Morris, Alice Wheeler, Betty
southern trip was marred by so many
and most cherished magazine.
inquiries about state affain he slip
More than >12,000 contributed by Brady, Elois Wilson, Vivian Bender- ’
Send SI (mentioning this ad)
ped away this time without telling state employees last winter toward son, Jean Perroott, Janie Ferbrache.
to
the public where he was going or how the relief of Oregon's unemployed The guardian is Mies Rosabel Shone.
long he expected to be gone.
The Atlantic Monthly, 8 Arling
■still reposes in a Salem bank which
is open under restrictions, it has been
Trespass Notices, printed on cloth
ton BL, Boston
While the legislature adjourned revealed. The amount represents ths for sale at this offioe.
$2.49
STAUNER
i
Says Her Husband
- Lost 16 Pounds
In 4 Weeks
New low Price
COAL
HAULING '
Send*l'".^”-,s
.„1