77^
The Sentinel
TWENTY YEARS AGO .
off on Uncle Sam's agency. Since
1936 no loans have been made and
HOLC has been a servicing agency,
I" ...............
'
" "7
seeing that interest was collected,
(Taken from The Sentinel of Triday, I The Coquille Commercial Club,
’ texes paid and properly kept up.
which for years has held its regular
February 22. 1924)
The record for the northwest in re
The annual meeting of the Coos meetings at the city hall on Weduea-
payment of loans has been unsur-
County Bar Association was held in day evening, decided this week to \ passed.
abandon
the
evening
session
and
sub
Coquille Tuesday and was followed
Private lending companies are de-
by a banquet at the Coquille Hotel stitute for it the luncheon or dinner
terrhined to wipe out HOLC and
that evening.
J. J. Stanley was plan. That to, the sessions will be
force it to dispose of the good loans
elected as president; T. T. Bennett, held in the dining room of the Co-
and be “stuck” with the unprofitable
vice pigsident; W. U. Dpuglas, trees- j quille Hotel every Wednesday eve
ones.
They say that HOLC is no
urer; ti. Russell Morgan, secretary, jning
at
6:30.
ning
longer needed and-that government
sltould not compete With private busi
To pave^r not to pave is the ques
The meeting of Boy Scout councils 1
ness. These companies sang another
tion to which the city council is giving from the several cities in the county,
song in the early 1930s when they
was
held
at
the
Bay
last
Friday
eve
serious thought. And should the de
did everything they could to have
cision be for paving bp carried out, ning, there being present from Co HOLC take their bad loansi _ If
quille,
A.
T.
Morrison,
J.
L.
Smith,
it would be the largest street im
HOLC to not liquidated it will show
provement program ever started in Ned C. Kelley, Rev. C. S. pergner
a profit in June, 1952, when it ex
the city. Wh^n the city fathers re and F. G. Leslie
pires by law, but if the private com
quested the citizens to assemble and
panies have their way, taxpayers
The vote in Myrtle Point and the j
inform the council of their wishes
will have to pocket i loss on this
eight
neighboring
districts'last
Mon
regarding the improvement of First,
agency which may run to a billion
By R. T. Moor«
Second,
Third, Coulter,
Heath, day favored establishing a Union dollars. Before 1952, HOLC may be
Efforts to arrange a ‘‘bob-tailed’’ Beach, Collier and Division streets, High School at that city. .
needed as much to save the home
ballot system, by which service men it is probable that they were only
owner as it was in 1933.
Just before ten o'clock last Sunday
could vote for the President and considering a 16-foot concrete pave
town la er ■ of tthe CangyMi without ment. But when an overwhelming morning the steamship Columbia was
Wool growers of the Pacific north
voting for the other officers and is majority of those present asked that wrecked on the north jetty at the
west
are beginning to worry over the-
sues printed on the regulation bal the pavement be full width, 24 feet, entrance to Coos Bay, where the
lots, seem to be destined to fall.
and that -the plank curbing be re C A. Smith met a similar fate just 1,200,000,000-pound stockpile of wool
Fortunately accumulated by the state department
The issue has raised more of a dis placed with concrete, it became evi nine weeks previous.
turbance than its importance would dent that what those present wanted all the passengers and crew of the and the defense suplies corporation
during the past year. This is equiva
¡Columbia were safely rescued
warrant. There have been strong was to finish the job this time.
lent to a two years' supply for do
words used by both sides and a good
mestic needs, and there is already a
deal of heat generated. But the real
to shown in the harsh penalities in
considerable taperjng off of military
facts are that most of the states now
flicted on a little eastern corporation
requirements. The state department
have adequate absentee balloting
last week.
purchase was from Uruguay as part of
systems that will cover the. case as
Thia corporation was fined and then
the good neighbor policy and there is
far as to practicable in time of war.
forced to deduct the entire amount of
The real issue to the transportation
the wages paid to these particular em
of ballots to and from the soldiers, no
ploye« from its operating expense
mean problem right now.
I account when calculating its incqmo
Reflecting on this matter, consider'
”"w"
*“ •—w—
.. V
. 7 ~
7 .,7-" 7 ; tax. The result was a heavy penalty
? **
seriously injured the current
turn to anything like normal condi
tions the wool market will be flooded
i and prices will be driven down to the
low level they reached after world
war No. 1 and which forced many
woolgrowers into bankruptcy. So far
\ prices have been sustained by com-
modi* credit corporation purchases,
but these cannot be continued if sub
i sidies are definitely oujlawed by con
i gress.
If it
Bull.
Paul A. Lee, who is president of the
Oregon Junior Chamber of Commerce
and an insurance man in Klamath
Falls, was a Coquille visitor last Sat
urday. He had been at North Bend
and Marshfield and was hopeful of
having a Coca Bay Junior Chamber of
Commerce organised, with members
from each city. He also hoped to get
the Coquille Junior Chamber revived
and reorganized but left tqwrj without
informing the Sentinel "whether he
found any encouragement for the idea
here or not.
*
/
TMIV OlVt TH«« UVM"
w. only i-í our m°
• II
Fima
Timely Topics
X.
votrrs actually do so.
BACK THE HTACK-
BUÏ ÊXIBA ^AR p0NPS!J
Î
S unny B rook
’
.
BRAND
KENTUCKY STRAIGHT BOURBON WHISKEY
J
-cauHutm ar
1
National DtotiUers Product. Corp*. N. Y. • 94.4 Proof ’
m w
■t
1
operaUn«conditlon«
f these, on y Jei>on gajnei| from this incident is
I
30 per cent to 63 per cent actually go
ejaereme caP. fhouJd fe. taksn
to the polls. The leaser figure ob- ,nal e*M,reme cure *nt,u,a w
in .granting wags increases of any
tains in off-year elections, the higher
¡type. Contact with the Salary Stabil
in presidential election years. This;
ization Board should be made if one
means that from 24 per cent to 52
Washington, D. C, Feb. 24—Not all
is to keep out of trouble.
per cent of our voters make use of
sections of the country are as pros
their voting privilege'to pees on the
perous and busy as the Padlfic
_______
___ 48
_ __
laws for _____
the other
per ____
cent _ to _ 76 The lumber situation continues northwest, where the highest wages
per cent. So, to do m well as our very tight with heavy pressure for ever recorded in that region are be
voters usually do, the Oregon service {deliveries and orders in excess of pro- ing paid in the war-industries. De
men must cast about a 40 per cent duction.
spite the complaint that there to a
The grave blunder by Washington
vote.
shortage of manpower and p>at jobs
Our Secretary of State has been in opening the door to big housing are going begging at good wages, an
energetfe'in trying to get ballot ap- ! projects for lumber supply has finally
attempt has been made to revive the
plications in the hands of service men ' been corrected but not before con-
old food stamp program for a large
who will be able to use them. Late siderable damage was done to com- segment of the national population.
reports say that hundreds of applies- mijmenta for Army and Navy,
The way to hold down the cost of
Political pressure was used to in
lions have already been received and
living (food) to to issue food stamps
more are arriving daily. There la duce official Washington to plape as a subsidy, it was argued in the
cause for hope that the service mtn these housing projects on a par as to senate. Cost of food has soared to
will be able to do as well as the other priority with Army and Navy sup the point where the men and women
voters in percentage of votes cast. It plies. The immediate result was a on a stationary, fixed, income are
is fortunate that Oregon had a good horde of California buyers invading unable to buy foods with sufficient
Oregon with gobs of attractive cut
workable -absentee-ballot law.
nutriment values. The committee on
The "bob-tailed’* ballot proposal ting bearing high priority. They took banking and currency listed the num
assumes that voting for the high na the industry by storm in spite of the ber of people on fixed income by type
tional offices is more important than vigorous protests by George B. Car as follows: Old-age assistance 2,170,-
voting far local issues that directly i penter, the very able and efficient
000, aid to dependent children 210,000,
' affect the lives of the service men. administrator o< War Production
aid to blind, 80,000, receiving gen
This is open to question. 'In my opin Board's CPA. Mr. Carpenter strong eral relief 880,000. Other fixed in
ion the local issues are of the greater ly supported by the larger mills and
comes are 1,340,000 In the federal
interest and import to the men. wholesalers, went to Washington ati
service, excluding the military; in
Most people vote according to what once and has finally succeeded in
state and loeal governments 1,020,000;
affects their daily life. They vote to getting the grab-bag directive res
in the public educational group 1320,-
show approval or resentment of things cinded. The service rendered by Mr. 000.
There are 860,000 receiving
that help or injure them in the pur Carpenter in this matter probably
veteran pensions and 4,750,000 re
will get little or no notice before the
suit of dally bread.
ceiving military allotments; another
The matter of ballots for service public. But history will show that
10,000 receiving lump-sum old-age
men to therefor only of passing in it was a large factor in keeping the
and survivors pensions and 680,000 in
flow
of
lumber
supplies
going
to
the
terest to Oregonians. Our boys will I
that category receiving monthly pay
get their chance to vote if it to at all armed forces as and when needed.
ments. Under the railroad retirement
How this mistake came to be made
practicable to furntoh^them with a
act there are 160,000 on fixed income,
ballot of any sort. It would not be is hard to understand. With the mills
with 70,000 drawing civil service pen
surprising if they scored as high an and wholesale lurfbgV trade strain- .
sions. All these aggregate 14,000,000
ing
every
nerve
to
keep
up
with
the
average as the folks at home when
Army and Navy demand the opening receiving fixed income. It to this
the ballots are counted.
which suffers most with the
of those flood-gates of pent-up de- group
'
One of the grossly discriminatory
increased cost of living, for they can
features of pr sai n t tax laws is the mand for civilian use was simply de not stretch their income, and it is
vastating. It was no compliment to '
double taxation of corporate earn
thia group for which it was proposed
ings. These are taxed once as cor the intelligence of those at the head ( to issue food stamps.
of
lumber
supply
in
Washington.
porate earnings and again when they
According to the bureau of human
Now that lumber has .been put back
are distributed to stockholders as
nutrition and home economics, the
on
the
track
for
war
production,
it
is
1
dividends.
well to take stock of its chances for ) basic low cost for an adequate diet
The principle is the same as if a
full production this summer. The for a family of four to 8646 a year.
man's wages were taxed when he Seiactive Service System, has taken Senator LaFollette says
.R there are
was handed his check at the pay win
note of the fact that lumber to a criti- 18.000,000 families in the United
dow and again when his wife de cal product Deferement of key men, 1 Stfltes whose incomes will not permit
posited the check at the bank.
who are next to impossible to replace, that expenditure without robbing
The ’ political impotence
of corporate
other
needs.
There
are 3,488,000
~
•
vail
WlUIlll
1
UCUKXUIUIC ■
~
”-------------------
-------- —
can WV
toe VAj/WVCU
expected within
reasonable
stockholders has so far prevented the y^t, The responsibility for deter- families and single consumers whose
correction of this grave injustice to mination of who are actually the key >n«>me is less than $500 a year, and
m a^ma**
loess las» group
we/yi.» of citizens. But 1
A AC41 aaa g— —*—111—.— —_ a _»_ _
a
particular
• men will rest largely with employers. 6,652,000 families and single consum
hope looms upon the horizon. Mr. It to a heavy burden that must be ers whose cash income is between
Marriner S. Eccles, chairman of the ' | borne with strict impartiality and U.OOO and $5,000. In all these cate-
Federal Reserve Board, has vigorous justice.
i gories — various types of pensions,
ly attacked this inequality and seems 1
The employers should make it a old-age assistance, low incomes, etc.
to have gained substantial support in 1 practice to discuss these matters with —the states of Washington. Idaho and
the Congress for his views. Ha sug
local Selective Service Board mem Oregon are represented.
gests some sort of credit either to the
While It- Is true that everyone has
bers frequently. There should be
corporation for monies paid in divi
complete understanding of each de a ration book, the cash income of
dends or to the individual who re
ferment case, why it was necessary millions of people is too low to per
ceives them. This credit would be
j and what results it has had in the mit them to make purchases at cur
applied against income tax liability
rent prices, and many of their coupons
production line.
and would eliminate the double tax
1 Those employees who are de are given away.
evil.
ferred have a solemn duty to perform
Anything seeming to benefit a cor
| for the sake of fellow-workmen who i
Mortgage loan companies are still
poration or its stockholders is im
are now facing death, or worse, and I fighting to liquidate Home Owners
mediately seized upon by demagogues
for the sake of our country. They Loan Corp., and they have a hjgh paid
for table-pounding or breast beating
have no right to indulge in habits or lobbyist camping in Washington, D.
purposes. But justice is justice and
practices that detract from their C. Now, however, HOLC is receiv- |
it matters not who or what the re
ability to exert full effort on the ?obs ing support as the plan to liquidate i
cipient to. The public will support
to which they are assigned.
The becomes clearer. HOLC was created |
this move, once it has been explained eyes of all will be upon them as ^Sy in the early days of the new deal to I
to them.
perform the tasks expected of tlftn. take oAtr distressed mortgages and
X.
Gtocerv
f
SPECIALS
... .................................
11
t
AND
FRIDAY
FOR
SATURDAY
■ ■■■■! ■■ UH
"
Alpine, Borden's, Pet
MILK Isrtz" 3 for 25c
21C
BACON JOWLS
Morrells
1 point lb.
Swift's Premium Sandwich Meat in Glass Jars
Rrem
12 oz. cans
5 points jar
Skippy Brand
PEANUT B
34«
39*
lb. jari
»
Trupack Orange — No Points
•>
•r,
2 lb. jar
MARMALAD7 3
PRINCE
ALBERT «• VELVET Ojr
in,
1 lb. cans
Matches
Jello 2 <
Tuna
23c
6-box carton
All Flavors
• î . I
. •!/
I
♦
r
. “ *
r
White Star
’/i's ./
5 points can
.... T~77 5 points
Palace Brand
'
HOT SAUCE 1
Sunkist
'
I
r
LEraONS
Large Solid Heads
LETTUCE
Fancy Sunkist
SunkisL
ORANGES
i
*
S
J
Í*
1
dozen
A
’
They must use extrstordinary care make new loans on the property in
The extreme danger to small cor- and diligence in their work. Any- peril. Hundreds of thousands of citi- >
porations in the granting of wage thing leas would be a betrayal of the 1 —
wvm have lost their homes had
sens would
raises to deserving employees with- trust and confidence of their fellow- • ---------
HOLC —
not i come to their resuce.
out consent of the War Labor Bnfrd 'citizens. 7
I HOLC also bailed out many privgie
■
5«
dozen 3^4®
10c
25«
can
1
.
.
Large Grade A
Local
dozen
1*"
I
.r.