The Bend bulletin. (Bend, Or.) 1903-1931, May 10, 1916, Page PAGE 9, Image 9

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    THE 11EXI1 nUIJjKTIX, IJEXI), OHE., WKDNKSDAY, MAY 10, 1010.
vageC
PROPOSED RURAL CREDITS
MEASURE IS ANNOUNCED
Tho rural credits mcasuro to bo
placed on the ballot by tho commit-
nnDolnted by tho Salem Confer
ence on drainage Irrigation and rur-
1 credits has been advanced to the
nrpllmlnary stago ready for publica
tion. The committee to frame tho
measure Is C E. Spenco, master of
the Stato Orange. J. D. Drown,
Enrasident Oregon Farmers' Union,
nnd T. H. Durchard, ex-presldont
Oregon Stato Federation of Labor,
ilir Hector Macpherson, who has
Pbeen working with the comniitteo in
ilrnftlng tho mcasuro has been nu-
J. 1 n miltmlt thn fnllmvtni?
draft of the proposed measure:
J)inft or Amendment to Constitution
of Oicgon, rrmldliiK Hjhtem
of Iturnl Credits.
Notwithstanding thp limitations
contained In Section 7, Article 11 of
this constitution, the crodlt of the
.state may bo loaned nnd Indebted
ness Incurred to nn amount not ex
ceeding two por cent of the assessed
valuation of all the property in the
Stato for tho purpose of providing
funds to be loaned upon tho secur
ity of farm lands within tho State,
subject to tho limitations hero In
contained.
Tho Governor, Sccrotary of Stato,
nnd State Treasurer shall constitute
tho Stato Land Hoard which 1b here
by authorized and dlroctod tp Ibbuo
bonds In the name of tho Stato to bo
known as Oregon Farm Credit Donds
In an amount not to exceed two per
cent of tho nsseBsed valuation of nil
tho property In tho Stato, and to dis
pose of said bonds and plr.co tho pro
ceeds In tho Stato Treasury In a
fund to bo known as tho "nural
Credit Loan Fund."
Said bonds shall bo Issued In de
nominations of $2G, $100, $500,
$1000, and $10,000, nnd In sorles of
$100,000 or multiples thereof, drawn
to mnturo In not more than thirty
six years. They shall bear Interest
at tho rato of four por cont por an
num nml shnll bo exempt from nil
taxes levied by tho Stato of Oregon,
or any of Us subdivisions,
Tho Stato Land Hoard shall loan
tho moneys In tho Farm Credit Loan
Fund to owners of farm lands In
Oregon upon notes secured by first
mortgages or deods of trust of such
farm lands, In amountB which shnll
not exceed fifty per cont of tho ap
praised valuation of such lands, nor
the average assessed valuation for
tho three preceding years, nor $50
por ncro on such lands, nor nn ng
sregoto of $5000 to. anjy Jndtyldual.
It ponding applications exceed tho
funds at nny time nvaliablo, pref
erence shall bo given to loans of not
moro than $2,000.
Such loans shall not bo mado ex
cept to ownors who oporato the
lands mortgaged, and shall be made
only for tho following purposes: (a)
tho payment for lands purchased,
(b) tho purchaso of equipment nnd
tho making of Improvements which,
In tho Judgment of said Hoard, will
Incrcnso tho productivity of such
lands nnd add to tho valuo of tho
farm homo In a dogreo to Justify
such expenditure: nnd (c) for tho
satisfaction of oncumbrnnces upon
such lands which. In tho Judgment
of said Hoard, were Incurred by said
applicant for tho aforesaid purposes.
Nothing lioreln contained shnll bo
deemed to prevent nny such farm
owner or operator from selling or
leasing lands subject to such oncum
brances; but U lie shall thus leaso
such Innds or soil them to nny per
son not fulfilling the conditions and
purposes provided for heroin, or
shall othorwlBo vlolato his said con
tract, said Hoard is authorized U)
and Bhall require payment of said
loan at any tlmo upon six monthB
notice, and said note or contract
shall contain n clause providing
therefor.
Every applicant for a farm loan
shall Btnto clearly In hU application
tho purposes for which such loan la
doslred, nnd upon Its approval by
the Hoard, this statement shall bo
deemed a part of tho contract under
which tho loan Ib granted. Tho
Hoard shall also require from each
applicant a sworn statement upon
blanks furnished by the Hoard cover
ing his farm operations fpr at least
one year previous to the date of his
loan application, and a similar un
sworn statement at tho end of each
year while ho remains a debtor to
the state.
Such loans shall bo repaid with In
utallments on tho amortization plan,
such Installments being fixed at such
a sum as wjll cover the Interest rate
and will liquidate the debt In a per
iod to bo ngreod on between said
Hoard and the applicant, such period
to be not less than ten nor more
than thirty-six years, but any debtor
may llquldato any part of his indebt
edness in amounts of $50 or mul
tiple thereof upon any amortization
payment date.
The rate of interest on loans shall
be Ave per cent per annm; but In
case the disposal of its bonds nets
the state funds at a rate of over
four per cent per annum, the Hoard
may charge a rato of Interest not to
oiceeU by more than one per ceni
the rate which the State must pay
for the funds thus obtaiiied from the
disposal of Its Bald bonds. The Hoard
howover, shall requlro each appli
cant to pay an Initial charge of one
per cont of tho loan granted, with
a minimum charge of ten dollars to
cover the cost of appraisal and ex
amination of title.
All surplus earnings accruing from
tho operation of said systom of farm
credits, after paying Interest from
aforesaid bonds and nil operating
nnd other expenses, Bhall bo placed
In tho State Treasury and becomo n
pnrt of n fund to be known as tho
Farm Credit Ueservo Fund. Said
Farm Credit Reserve Fund sjinll bo
invested in Oregon Farm Credit
Honda, and tho interost accruing
from thoso bonds Bhall bo added to
said Heservo Fund. Said Hcsorvo
Fund shall bo trrcduclblo except
when usod to protect tho State from
ferns Incurred In tho administration
of tho Bystom of farm credits herein
provided for.
Tho Legislative Assombly shall
provldo In such detail as It shall
deem advisable for tho adequate
carrying out -nnd administering of
tho provisions or this amendment,
and shnll provldo adequate safe
guards ngajntt tho uso of such loans
ns an aid to the purchasing and hold
ing of land for purposes of specula
tion, In tho absenco of such legis
lation, and subject to the same after
its enactment, tho Stnte Land Hoard
shall proceed to admlnlstor said sys
tem of rural credits under rules nnd
regulations provided by itself, but
subject to tho provisions heroin con
tained. The provisions of tho Constitution
nnd laws of Oregon In conflict with
this amendment aro heroby repoalod
n bo far only as thoy conflict here
with. Tho proviBlors of this amond
mont shall be self-executing, and
shnll take effect nnd bo In operation
GO dnys nftor Its nppjovnl nnd adop
tion by tho pcopto of Oregon.
Has (Jowl Deputation.
Tho orlginnl and gouulne Honey
and Tar cough syrup Is Foley's Honor
nnd Tar Compound nnd becnuso this
hna given such univsrsil satisfaction
nnd cured so many ensos of cougliB,
colds, croup nnd whooping cough
thoro nro linltntlonB nnd substitutes
offored to tho public. Insist upon
Foley's. Sold overywhero. Adv.
Try our fresh broad and pastry.
Carmody Brothers. Dond street.
Adv. 35 tf
THE APRIL WEATHER
Clear Days Again In Majority Little
Data Veil.
In tho month of April tho clear
dnys began ngaln to bo In tho ma
jority, thoro hnvlng been 24 cioar,
three cloudy and the samo number
prrtly cloudy. Thero were six dnys
on which thoro was moro than one
ono hundredth of nn Inch of preclp
Itatlpn, tho total for tha month be
ing .77 Inches. Tho greatest rain
fall on nny ono day vvns .33 Inchys on
the 10th.
Tho highest tomperaturo recorded
during tho month at tho local weath
er Btntlon was 70 degrees on tho 9th
and again on tho 2Cth. The lowest
wns 12 degrees on tho 18th. Tho
greatest daily rnugo was 02 degrees
Tho mean maximum for tho month
was C2.2 dogrees and tho mean min
imum 24.8, muklng the mean 43
dogrees.
The dally temporatures and char
actor 'of sky wore as follows:
Date. Max. Mln. Char, of Day
3..
4..
5..
C..
7..
S..
9..
10..
11 .
12..
13..
14..
15..
16:.
17..
18..
19..
20..
21..
23.
24.
26.
27.
28.
29.
30.
.51
.07
.59
.G2
.61
.57
.61
.63
.75
.62
.57
.56
.57
.59
.63
.70
.61
.46
.52
&1
.61
.64
.70
.75
.70
.75
.66
.69
.66
.67
19
20
21
24
20
19
20
24
34
29
20
22
23
26
21
19
13
12
21
25
21
22
24
23
32
29
29
27
24
23
Clear.
'Clear.
Cloar.
Clear,
Clear.
Clear.
CleaV.
Cloar.
Cloudy
Cloudy.
Clear.
Clear.
Clear.
Cloar.
Clear.
Clear.
I'tly. Cldy.
I'tly, Cldy.
I'tly. Cldy.
Cloudy.
Clear.
Clear.
Clear.
Clear.
Clear.
Clear.
Clear.
Cloar.
Clear.
Clear.
When you buy a cack of outside
flour vou hinder the development of
Central Oregon's farm resources.
Make It a practice to buy the home
product. Every sack guaranteed, adv
Clean up and paint up. See Ed
wards. Adv.
No waiting at the Metropolitan for
that shave or hair cut. Four chairs
now ready. Adv.
For sign painting see Edwards.
Adv.
PRISONERS RECAPTURED
Sheriff Kitov Otcrtnkc? Men Who
Saw Out of Jail.
(Crook County Journal.)
Floyd Hills nnd Hob Wanner, two
young men who hnvo been boarding
at the county bastllo for some ttmio,
succeeded In cutting n bar In the
Jail Thursday' night and escaped.
Tho del'very was discovered at an
early hour and Sheriff Knox nnd
deputy Howell commenced nt onco
to scour the country for the prison
ers. It wns discovered thnt thoy
started east into tho mountains nnd
tho trail followed ns far as tho car
could be taken nfter which tho ma
chlno was abandoned and the ofltcers
followed on foot until tho jail break
ers were apprehended in Whoolor
county, about four o'clock Sunday
afternoon.
See Edwards for paper hanging.
Adv.
The American Hnkery has a nice
lino of fresh home mado caudles, adv.
Diamonds Bot while you wait. My
ron H. Symons. Adv.
POLITICAL
ANNOUNCEMENTS
For District Attorney.
I hereby announco myself as a can
didate for tho Republican nomination
for District Attorney for Crook coun
ty at tho primaries to bo hold May 19,
1916.
44Up H. II. DE ADMOND.
For Shot Iff.
I heroby announco my candidacy
for the Republican nomination for
Shorlft of Crook county nt tho pri
maries to bo held Mny 19, 1916.
48p. S. E. DOUEnTS
Tor County Assessor.
I hereby announco myself as a can
didate for tho Republican nomination
for County Assessor for Crook coun
ty nt the primaries to bo held Mny
19, 1916. ' 47tfp
CHAS. A. CAItrtOLL.
For County AdseKsor.
I hereby nnnounco my candidacy
fo tho Republican nomination for
assessor of Crook county nt tho pri
maries to bo hold May 19, 1916.
adv. II. D. KETCHUM.
For Sheriff.
I horoby nunounco my candidacy
for tho Democratic nomination for
Sheriff of'Crpok county nt tho pri
maries to bo held May 19, 1916.
48p. P. II. I'OLNDEXTEH
For CI it u It Judge.
I heroby announco myself ns a can
didate for tho Democratic nomination
ns circuit Judgo at ho primaries to
bo held on May 19.
T. E. J. DUFFY,
Pol adv. 47 tfc (Present incumbont.)
For Sheriff.
I hero' y announce my candidacy
for tho Hciiubllcnn nomination for
Sheriff of Crook county nt tho pri
maries to bo held Mny 19, 1916.
48p J. H. STANLEY.
For County Commissioner.
I horoby nnnounco my candidacy
for the Republican nomination for
County Commlslsonor or CrooK coun
ty at tho primaries to be held on
May 19, 1916.
II. J. OVEUTUHF,
4S.p Present Incumbent.
For County School HuHriutvmlcnt.
I heroby nnnounco my candidacy
for tho Honubllcan nomination for
school superintendent of Crook coun
ty nt tho prlmnrlcs to bo neiu .May
19, UUC.
J. E. MYERS,
49 tt Present Incumbent.
For County School Superintendent.
I heroby nnnounco my candidacy
fr the Republican nomination for
school superintendent of Crook coun
ty nt tho primaries to bo hold May
19, 1910.
CI tf J. A. THOMPSON.
For County Clork.
I hereby nnnounco my candidacy
for tho Republican nomination for
clerk of Crook county at tho primar
ies to be hojd on May 19, 1916.
adv 49 tf. J. H. HANER.
For Hlicrlir.
I horoby announce my candidacy
for tho nomination for shorlff on tho
Domocratlc tlckot nt tho primaries to
bo held May 19, 1916.
E. D. KNOX,
49 tf. Prosont Incumbent.
For County Treasurer.
I heroby announco my candidacy
for the nomination for county treas
urer on tho Republican ticket at tha
primaries to bo hold May 19.
RALPH L. JORDAN.
Present Incumbont.
For Comity Clerk.
I hereby announco my candidacy
for the Democratic nomination for
County Clerk of Crook county at tho
primaries to be hold on May 19. My
motto: "Efflclont service to the
Public."
WARREN HROWN,
Present Incumbent.
For County Otimiiilwiloiier.
I hereby announce my candidacy
for tho Democratic nomlnnUon for
County Commissioner of Crook coun
ty nt the primaries to bo hold on
May 19, 1916.
2p ERNEST T. LUTHY.
For County Commliloner.
I hereby announco my candidacy
for the office of County Commission
er for Crook county on the Republi
can ticket, rubject to the primaries,
May 19, 1916.
3tfc THEODORE AUNE.
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HOHEUT SERVICE OF HAKHR
For Public Senlco CoiniiiLslsonrr.
To begin with tho railroads do not
wnnt him on tho commission for hoJ
una nnmmereii tliem too often whon
thoy woro wrong to expect support;
but If the common poople do nnd give
him tho necessary voto to elect htm,
hero Is what ho promises to do.
Ho will bo absolutely fair with the
rnllronds nnd utilities for they nro
entitled to nnd should ho given n
"squnro deal "
Ho will defend tho Interest of tho
common people against unlawful en
croachments by our public servants
nnd to tho best of Ills ability seo thnt
tho public linn the benefit of nn eco
nomical administration of the nffnlrs
of Its rnllronds and utilities nnd thnt
tho business, for which thoy wero
chnrtcrcd, bo conducted honestly,
without discrimination nnd nt reas
onable rates,
Rntcs nro hlghor In Oregon than
chargod on tho first railroad operat
ed by steam nnd opened to public
Unfile.
All merchandise L. C. L. shipments
on tho prlmltlvo railroad for a 25
mllo haul wns $1.25, on tho O.-W. It.
& N. it Is $8.13 nnd on the Sumptor
Vnlloy R R., $13.23.
Rntcs today are tho highest in
railroad history whlla tho cost to
produco the "ton ntlla" (tho unit of
transportation) Is tho lowest.
This shows tho ncod of rogulntlon.
Mr. Sorvlco has hnd flvo yenrs oxpor
lenco ns nn export nccountnnt, 16
years In business, mostly wholesale
shipping nnd eight yenrs In tho study
nnd prnctlco of law, almost exclus
ively on the gilbject of "Railroad Rate
Regulation," ns his record shows.
A voto for him In a voto for tho
host Interests of tho common poo
pie. Ho stands high In Ills commun
ity and Is ono of tho best qualified
men In tho stato to All such n respon
sible position nnd ha would llko to
sorvo tho mnsses ono term.
BAKER'S GROCERY
Has just received n fresh line of
Schilling's Best
Tens, Coflees, Extracts nnd Spices. Only the fresh
est nnd best obtainable will be found in the grocery
line on our shelves. We are enjoying nn increasing
business We give the people what they want when
they wnnt it.
H. E. BAKER
Wall Street. Near Ohio
To the New Comer:
Do you know thnt Shucys will tnko enro of your gro
cory wants Just a llttlo bettor thnn nnyono else will
offer you tho dollvory sorvlco you demand will gunrnn
teo everything leaving tho shelves nnd will mnko ovory
effort to satisfy your want In tho grocery lino
Thnt Shuoys cnrrles n lino lino of working .men's
clothes shoes, overalls, gloves, shirts, undorwonr, Jum
pers nlso can glvo you moderately priced furnishing
for general wear.
Drop In boforo you docldo upon n permanent plnco to
trado. Wo bollovd wo can glvo you what you want.
Shueys
IiibK.M BEND HAULING CO.
R.N I'AI.MHRTON
TRANSFER AND STORAGE. HOUSEHOLD
GOODS MOVED.
COAL AND WOOD.
O'DONNELL BROTHERS
UNION MARKET
i L 1 ' !! I 1.11
1 11 I "II 11
For the man who
wants to own his
own home
Let us show you, for your selection, some of
the prettiest lots' in Bend. They are level and
free from rock and are spotted with lovely shade
trees; they are within fifteen minutes walk of
either of the big mills and are close to the bus
iness district. These lots may be had on terms
that are within the reach of all and every assist
ance will be given our buyers to enable them to
build 3 comfortable home. We will be pleased
to show you,
INSURANCE THAT INSURES
We write insurance in all its branches in world
known companies and will gladly accept the
smallest rjsk.
0"Q"&4
Bend Park Company
PHONE 381.
OFFICE ON OREGON STREET.
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