_ JU
rHE C oquille H erald
VOL. 34,
NO. 46
COQUILLE, COOS COUNTY, OREGON, TUESDAY, AUGUST 1, 11)16.
PER YEAR $1.50
Moose Carnival Friday and Saturday, August 4th, 5th
BRIEF OUTLINE
TO ENTERTAIN
MARY FUSONNE
RURAL CREDITS
ELECTED QUEEN
MANY VISITORS
IS
S alien t Point» in F e d e ra l F arm
L o an A ct as P a sse d by
C o’.ft.<-ss L ast IViontn
WILL PROMOTE AGRICULTURE
A ffo rd s F a rm e r M oney a t a
Low R a te of In te re st
The Federal farm loan act, popularly
called the ' Rural credits law,” was
signed by the President and became a
law on July 17, 1916.
The primary purpose of this act is to
promote agricultural prosperity by en
abling farmers to borrow money on
farm-mortgage security at a reason
able rate of interest and for relatively
long periods of time. To attain this
object, two farm-mortgage systems are
provided: (1) A system operating
through regional land banks, and (2) a
system operating through joint-stock
land banks.
To attract money to the farm-loan
field the act provides a method where
by those who have money to lend can
find safe investment in the form of de
bentures or bonds, of small and large
denominations, issued by the banks and
based on the security of mortgages on
farm lands.
These two systems are to be under
the general supervision of a Federal
Farm Loan Board in the Treasury De
partment, composed of the Secretary
of th« Treasury, as chairman ex officio,
and four members appointed by the
President. This board has authority to
appoint appraisers, examiners, and reg
istrars, who will be public officials.
OUTLINE OF FARM LO AN ACT
The act provides for the creation of
12 Federal land banks and permits the
establishment of any number of joint
stock land banks for the purpose of
making loans at a reasonable rate of
interest, for long periods of time, on
farm lands.
A Federal Farm Loan Board has
complete control over these banks.
(A) FEDERAL LAND BANKS
Twelve Federal land L inks are pro
vided, one in each of 12 districts into
which the country will be divided.
These banks are empowered to lend on
first mortgages on f a r m lands in
amounts of $100 to $10,000 foi approved
purposes. The loans are to be made
through farm loan associations and
agents. No loan may be made for
more than 50 per cent of the value of
the land mortgaged and 20 per cent of
the value of the permanent improve
ments upon it.
National farm loan associations—lo
cal organizations composed exclusively
of borrowers—are authorized. These
associations must be stockholders in
the land banks in proportion to the
amount their members wish to borrow.
Eventually all stock in the Federal land
banks will be owned exclusively by
these associations.
A reasonable interest rate is estab
lished. The act prohibits the Federal
land banks from charging more than 6
per cent on any mortgage, or requiring
fees not approved by the Farm Loan
Board.
The borrowers will share in the net
profits of the bank because they are
stockholders. It is contemplated that
ultimately the borrowers will be the
only stockholders.
Long term loans are provided by
authorizing mortgages for periods of
from 5 up to 40 years.
Small annual or semi-annual pay
ments on the principal are made a re
quired feature of all mortgages.
(B) JOINT-STOCK LAND BANKS
Joint-stock land banks are authorized.
They are corporations for carrying on
the business of lending on farm mort
gage security and issuing farm loan
bonds. They are to be under the su
pervision of the Farm Loan Board, but
the Government will not invest in them.
Subject to geographical limitations and
subject to the 50 and 20 per cent limit
ation, these banks can lend to an indi
vidual any amount they wish, and for
any purpose. They cannot charge an
interest rate exceeding 6 per cent, and
such rate must not exceed by more
than 1 per cent the interest they have
paid on their last issue of bond-. Their
mortgages, however, must provide for
amortization payments. These banks
are prohibited from charging, under
any pretext, fees or commissions other
than those authorized by the act.
CONDITIONS UNDER WHICH LOANS MAY
BE OBTAINED
The act specifically defines the pur-
crowd will adjourn to the river where
i poses for whieh loans mpy be obtained.
ever excursions the people of the coun-
the water sports will be held. There
These are:
I ty wish. He further stated that the
will be surf board riding, a battle royal
I Southern Pacific Company is planning
la) To provide for the purchase of
and swimming and high diving. In the
to bring into the county for the cele
land for agricultural uses.
evening the dance at the intersection of
bration between 6000 and 7000 people,
(b) To provide for tile purchase of
Front and Taylor streets will be the
and that it is estimated that at least
equipment, fertilizers, and livestock
chief attraction.
j another thousand will come in by auto.
necessary for the proper and reason
On the second day there will be a
After a discussion lasting nearly two
able operation of the mo tgaged farm;
repetitii n of the street and water sports
j hours, the Commercial Club decided
the term ‘‘equipment to be defined by
and at night just before the dance the
! tliut Coquille would provide entertain-
W ’l R eign fo r th e T w o D ays crowning
the Federal Farm Loan Board.
event of the carnival will be C oquille M aking P re p a ra tio n | ment, in the way of auto rule» into the F o rm er C oquille G irl M eets
(c) To provide buildirgs and for the
of th e M oose C arnival,
held on the river. This will be some to G ive S tra n g e rs a W a rm I country, a picnic dinner in Lamb’s
S ad F a te W h ile B a th
improvement of farm lands; the term
thing new and spectacular and the
Glove, and a speaker who would tell ;
F rid ay a n d S a tu rd a y
W elcom e A u g u st 25
ing in C oos R iver
“ improvement” to be defined by the
Moose intend to make n a fitting finish
the strangers about the resources of
Federal Farm Loan Board.
for the two days of fun.
the Coquille valley, for at least 500 peo-
(d) To liqirdate indebtedness of the
I pie.
It was thought that if the town
owner of the land mortgaged, existing
E x p ec ts Big C row d
asked for that many that there would
at the time of the organization of the
probably be more, and the»e, together
first national farm loan association es
with the farmers and their families who
H.
B.
Donahey,
traveling
salesman
tablished in or for the county in which
F rom 5 0 0 to 1 0 0 0 P eo p le would be in town on that day would F u n e ra l W a s H e ld F rid ay a t
the land mortgaged is situated, or in S p e c ta c u la r S u rp rise S c h e d for the Bleumauer-Frank |Drug com
make up a crowd as large as the town
pany of Portland, was in town visiting
W ill be H e re
uled fo r S a tu rd a y N ight
M arsh field
debtedness subsequently incurred for
could handle and do itself justice.
the local druggists on his regular semi
one of the purposes mentioned in this
monthly trip Thursday. In speaking
Many suggestions came before the
section.
meeting as to whal might be done. L.
Miss Mary Fusonne was drowned in
Loans may be made only on first
M-s. Ed Brenner is to be queen of of the prospects of the railroad jubilee, I Coquille is making preparations to en
Mr. Donahey said that in his opinion tertain at least 500 people from outside H. Hazard first suggested taking care | Coos river last Tuesday while bathing,
mortgages on farm land.
the Moose Carnival here Friday and the crowd would be even larger than ! the county on August 25th, this being of part of the crowd by automobile.
and though the body was recovered in
Only those who own and cultivate Saturday. At the final count made
farm land or are about to own and cul last night it was found that Mrs. Bren the estimates that have been made. the Coos County day of the Railroad Excursions into the country, with a j about half an hour it was found impes-
tivate such land are entitled to borrow. ner had 230,680 votes while Mrs. Erros While he was in Marshfield Mr. Dona Jubilee. Definite action was taken in basket dinner at some common meeting sible to bring her back to life.
hey tried to make reservations at the j the matter at a special meeting of the point was pait of his plan.
The news reached here by phone
No one can borrow save for the pur Torrey Leyland hadl23,0(>0.
hotels there for two during the jubilee Commercial club called Wednesday
A. J. Sherwood, when called upon by : shortly after the occurence, and caused
pose» stated in the act, and those who
Preparations for the biggest time
j night for the purpose of hearing F. E. the chair, said, “ I will be glad to do ‘ a great shock to the friends of the young
after borrowing do not use the money Coquille has ever seen are going ahead but could not do so.
McKenna's report on his meeting with anything I can on whatever plan is de lady, who had formerly made her home
for the purposes specified in the mort
rapidly and by Thursday night it is ex
T e le p h o n e Co. B an k ru p t
the jubilee committee at Marshfield cided on.” He continued that it might here. Her parents were both dead, and
gage are liable to have their loans re pected to have everything in readiness
Tuesday.
be well to have the picnic dinner here she was a ward of Rev. T. B. McDon
duced or recalled. The secretary-treas
for the first day.
i The E. E. and F. Telephone company
In his report Mr. McKenna stated instead of in the country, as this would ald, formerly the Christian minister
urer of each association is required to
The program for Friday, the first a concern doine business in Lane coun that the Bay people had made it very include all those whom the autos could here. She had made her home for
report any diversion of borrowed money
about three years with Mr. and Mrs.
I plain that they would do whatever the not take.
from the pnrposes stated in „the mort day, will consist of crowning the queen ty, has filed papers in bankruptcy.
"The automobile suggestion is good L. A. Liljeqvist and had attended the
at 10 o’clock. This will take place in The Eugene, Elmira and Florence people on this side wished them to do.
gages.
No individual cah borrow more than front of the city hall. Immediately telephone line was established 15 or 20 Before the meeting he said, "I have an as far as it goes,” said J. A. Lamb, high school here until the Liljeqvists
following, about 11 o’clock, the street 1 years ago, and has operated between entirely new conception of the people “ but it is inadequate. If the Southern removed to Marshfield, belonging to
$10,000 or less than $100.
No loan may be made for more than parade will start and will occupy the these places as a mutual line. It ran of Marshfield and North Bend and their Pacific is going to bring 6000 people in- j the class of ’17. She was universally
50 per cent of the value of the land time until noon. At 2:00 o’clock in the its line to the city limits of Eugene, feeling toward us. ” Mr, McKenna told to the county, Coquille ought to take j regarded as a very estimable young la-
mortgaged and 20 per cent of the value afternoon the street sports will start. where it connected with the Pacific the club that there are to be no attrac care of 1000 for one day. ” Mr. Lamb dy and had a large circle of friends
tions at either Marshfield or North th.-n suggested a barbeque or picnic j among her schoolmates and others. She
of the permanent insured improvements These will consist of many amusing Telephone company’s lines.
contests, such as human skating wheel The assets of the company are placed Bend on the second day of the jubilee, dinner and offered to donate the myrtle was 20 years of age.
upon it.
The loan must run for not less than barrow race, pushmobile race and nu at $56 and the liabilities at slightly over and that those in charge of the celebra grove just back of his house as a place j The accounts of her death that have
merous others. At four o’clock the $500. “-Regis ter.
appeared in print have been far from
tion are in readiness to send out what where it could be held.
five and not more than 40 years.
Mr. Sherwood then started a healthy accurate. She had gone up Coos river
Every mortgage must provide for
discussion by stating that the club was on the Presbyterian picnic. Soon after
the repayment of the loan under an
overestimating the crowd, and that the having lunch she went up the river with
amortization plan by means of a fixed
number of people coming in from the Miss Miriam Wright, to a point about
number of annual or semiannual in
outside would be nearer 600 than 6000. a quarter of a mile from the rest of the
stallments sufficient to meet all interest
Tito consensus of opinion, however, picnickers, where she entered the wa
and pay off the debt by the end of the
seemed to be that the Southern Pacific ter. As is well known to her friends,
term of the loan. The installments re
was in a position to know what it was she was very fond of the water, having
quired will be those published in amor F re d L ockley, S pecial W rite r,
doing and that its estimate of the no fear of it, and no apparent realiza
tization tables to be prepared by the S ays C oquille is C e n te r of
crowd would not be far wrong. “There tion of danger under any circumstances,
Farm Loan Board.
is no doubt about the crowd,” said often taking great chances with the
C oos a n d a L ot M ore
The bank is given power to protect
President Norton, “ this country is bet breakers when at the beach, and usual
itself in case of default by recalling
ter advertised than the people here ly staying in until thoroughly chilled,
the loan in whole or in part, or taking
have any idea of and there is a great in often causing the greatest anxiety on
By Fred Lockley
other necessary action.
terest all over the coast in Coos coun the part of her companiona. She had
Coquille, Or., July 21.—Coquille, the
ty .”
learned to swim last summer, but waa
county
seat
of
Coos
county,
is
in
the
P ublic S erv ice C om m ission
"We need not worry about the not at all expert.
center of the Coquille valley, and is al
crowd,” was the statement of A. T.
On the day of her death she had
H olds H e a rin g a t E u g en e most in exact geographical center of
Morrison, “ the Southern Pacific knows swum across the river and back. Then
the county. It is on the recently com
better than anyone else what to expect, she remarked to Miss Wright: “ Oh, I
pleted Willamette Pacific line, whose
and there will be all the people here am so cold. Do you think I can make
The Public Service Commission which
east :rn terminus is Eugene, and whose
who can get under cover.” Then Mr. it again?” Misa Wright told her that
had a hearing at Eugene Thursday to
present western terminus is Powers.
Morrison brought up the idea of a she had better not try it, and thought
determine the freight rates on the Wil
It is 26 miles distant by river from
lamette Pacific, heard the testimony of
speaker to tell the visitors of the re- j she had given it up until Miss Fusonne
Bandon by the sea, and passenger and
the railroad company and the towns af
sources of ihe country they are coming remarked: “ Well, I’m going to try it
freight service is maintained by water
fected and have taken the case under
to see. "Let the speaker impress up- | again; say S little prayer for me.” She
both to Bandon and Myrtle Point. Sev
advisement.
on
these people that what we need is j then started to swim across and had
eral auto stage lines maintain excellent
The Eugene Register has the follow
capital to change the land of this valley j reached a point about five feet from
service to Marshfield, Bandon, Myrtle
that is now idle, into land that is pro- the opposite bank, when she began to
ing to say regarding the hearing:
Poit t and Roseburg.
during. The main thing is to make struggle and sank from sight. She
Representatives from the different
Coquille is looking forward with
these people feel at home and lo let came to the surface again twice, and
cities affected by the ra'es as proposed
them see us as we are.”
by the railway company were present great interest to the celebration of the
Miss Wright says that on the last ap
At this stage a controversy arose pearance Hhe made ■ swimming steoke.
at the hearing, having been sent by ope.ling of the new road, which occurs
on
August
23,
24
and
25.
With
Marsh
over the advisabilty of having a barbe Miss Wright ran to the other picnick
their commercial bodies and business
cue and a vote was taken on the mat- ers and gave the alarm, but was so
men to voice the sentiments of their field, North Bend and the other com
ti r deciding the meeting against this badly excited that she was entirely in-
-*■*' *•*: & & ^
respective communities regarding the munities of the Coos bay country, it is
. n " I -TV
■ n 9. - . x -
in it hod of providing luncheon for the coherent and could give no assistance
rates proposed by the company. In planning to give a warm welcome to
* m «
in the way of locating the spot where
visitors.
every instance there was an objection The Journal all-Pullman special that
A“ the plan that a picnic dinner in the girl had sunk. Every effort was
each delegation contending that its city will take 100 wideawake Portlanders to
see the Coos Bay district.
Lamb’s grove seemed to be conceded made by diving to find the body but
was being discriminated against.
? H « ‘
Approximately 10 per cent of the
to be the proper thing, the matter of without success, until someone thought
The members of Ihe commission, F.
y
.
n
finances was brought up. Mr. Lamb to induce the Wright girl to sit down
J. Miller, Thos. K. Campbell and H. H. residents of Coos county live at Co
was of the opinion that about $75 ought where she had been sitting when Mary
Corey, patiently heard the arguments quille. The estimate of the population
-
to defray the expenses; this estimate sank. Then she at once pointed out
and the testimony, putting in an oc of (bos county gives the county a popu
ft»**«««; *.XjMUb- .
V
I
was raised to $100 by R. S. Knowlton, the spot and in a few minutes the body
casional question to railroad officials or lation of 21,000 persons, of whom about
and W. L. Kistner said he would add to was found in about eight feet of water
other witnesses and will take the evi-1 1850 live at Coquille. Coquille, being
this that everyone be made acquainted and brought to the surface. She had
dence under advisement for some time the county seat, sees considerable trav
el of residents of the county, who
before rendering a decision.
with what the committee intended to then been under water for about half
furnish, and then be asked to bring a an hour, and all efforts to resuscitate
The railroad company in making its come there to transact county business
her were unavailing.
basket.
freight rates for the Eugene-Coos Bay
The cash value of the taxable prop
The body was brought to Marshfield
branch did so with« view to meeting erty of Coos county is $29,592,196. If
Judge James Watson put a motion
water competition at coast points and this sum were divided equally among
that a picnic dinner be prepared of that evening and prepared for burial.
this is the reason, it is explained, that the residents of the county, every man,
sandwiches, coffee, etc., to be held in The funeral was held from the Episco
the rate to Marshfield from Portland is woman and child would have $1409.
Lamb’s grove, and that the people be pal church on Friday, as the pastor of
impressed
with the importance of bring the Christian church, to which Misa
lower than the rate from the same
Coos county in the past has been
point to Cushman or other similar handicapped by many poorly located
ing well filled baskets. The motion Fusonne belonged, was absent. The
attendance was quite large, and the
paused unanimously.
points along the line. The railroad and improperly constructed roads, but
floral tributes were unusually profuse.
company contends that lower rates to this condition will soon be a thing of
President Norton then proceeded to
A. J. Sherwood went over from here
such points are necessary to m eet: the past. They have just voted a bond
appoint committees to look after the
in his car. accompanied by members ef
steamer competition and endeavored issue of 4362,000, for the improvement
different phases of the affair.
his family and three of Miss Fusonne's
to show that such rates exist on many of their roads. The present road from
The committees appointed were: Fi young friends
other lines similarly situated.
Coquille to Bandon will be relocated.
nance, L. H. Hazard, Henry Lorenz
H. A. Hinshaw, general freight
Courtesy of Journal
and F. C. True. Entertainment, J. A.
John H. Lewis, state highway engi
B uilt a t C oquille
agent of the S. P. company for the
Lamb, James Watson and A. J. Sher
Top—View
of
Taylor
Street
from
the
Herald
office.
neer,
recently
spent
some
time
in
Coos
lines in Oregon was the principal wit
wood. Grove committee, Walter Her The Enterprise, a small gasoline
Middle—Coquille High School.
ness for the railway company. He county, investigating road conditions.
Bottom—Coquille Valley Creamery which burned recently and which is be ding, I. W. Cook, C. W. Gardner, W. schooner, built at Coquille in 1908, has
stated on the stand that the company The appropriation of any state money
L. Kistner, C. E. Schrocder. Lunch, been added to the halibut fishing fleet
desires to place the tariffs in effect toward the improvement of Coos county ing rebuilt.
E. E. Cook, M. J. Hartson and Frank working out of Po'tland. She will be
roads
is
conditional
upon
the
work
on
about August 5, and that the road will
Leslie. Reception, A. T. Morrison, M.
t>e turned over to the operating depart the roads being done in accordance °r going. Few roads in Oregon have more of sharper curves. The new road J. Hartson, Chas. Skeels, J. A. Lamb, operated by the Burke Fish company,
ment about *he first of October. He with the plans prepared by the state will go along the bottom lands of the fire. The loss on the building was C. W Endicott, R. S. Knowlton, H. W. which also operates the Decorah from
river next to the hills, and will have no $9600. In addition to this 40 cubes of
Portland, a much larger boat, and tha
stated that at Coos Bay the company is engineer.
Between Coquille and Marshfield the grades steeper than 5 per cent, and no butter and 103 cases of cheese were Young, A. J. Sherwood' and L. H, Nenamosh, a smaller boat out of Ya-
confronted by sharp competition by
burned. There was $6000 insurance on Hazard. It was later suggested that quina. Capt. Johnson is in charge of
steamers and if the company 4*cures proposed route has been decided upon, sharp turns.
every citizen of the city wear a lag
any of the freight business of the terri while the present road between Coquille The city of Coquille itself, as well aB the building. Shortly after the tire a bearing the inscription, "I am a citizen the Enterprise, which has t>een fitted
tory it must make rate., that will com am*. Myrtle Point will be changed but the county, Is preparing to do consider meeting of the stockholders was called of Coquille, Ask Me;” but no action with modern appliances for the work.
She will use what is called the "long-
pete with the water lines. He said it little. The road between Coquille and able improvement work. The citizens and it was decided td build at once a was taken on this matter.
This creamery’s
i line” system of fishing, as distinguish-
is rot unusual for the company to ask Bandon will be almoat completely re have voted $30,000 bonds to regrade modem creamery.
The committee appointed two weeks j ed from the #ld dory sty|e 0f fighing.
for the suspension of the long and short located. When this road was located it and pave its streets. The improvement cheese a n d butter production will
haul clause and that it was suspended was crowded up on the steep hillsides, district contains 1, 020,000 square feet, amount to from $10,000 to $12,500 a ago, composed of J. E. Norton, L. H. gy jhjg means all work is carried on
Hazard and F. E. McKenna, to confer i from the deck of the vessel by the
in the case of its Eureka branch in so that no bottom land would be taken and the work will be done in a peima- month.
nent and substantial manner.
Coquille. on account of the beauty of with the committee of the Jubilee was ' crew. For operation of the line a new
California, where similar conditions from the use of the farmers.
| "gurdy,” g gort of winch, has tieen in-
exist.
As a consequence, the present road Coquille will soon have a new and up- its situation, the mildness of the cli left standing.
*****
stalled and other improvements made.
is a constant succession of steep hills to-date creamery. Recently the build mate and the fertility of the adjacent
T h e Commercial Club meets to- so that it seems as if one were climb ing occupied by the Coquille Valley country, ia bound to see a steady and
The Commercial Club meets to- she will be able to handle 12 tons of
night.
^ halibut on each trip. -Newa.
n ig h t.
ing most of the way, whether coming creamery was completely destroyed by substantial growth.
BI(i PROGRAM IS ARRANGED
CO M M ER CIAL CLUB ACTS
The Journal Advertises Coquille
J l , U l t t l l
.
. J L
NAD MANY F K IE N D S lM