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About The Bend bulletin. (Bend, Or.) 1903-1931 | View Entire Issue (Jan. 18, 1917)
PAOK 12 I1BNI) IIULLETIN, IJENI), OREGON, TIll'n.SDAY, JANUARY 18, 1017. -l I'M J M PAISLEY ID GETCHANCE wan prcsont at yesterday's meeting of tho Desort Laud Doard, and ex pressed his satisfaction at tho pro posed plan, stating that ho believed' It workablo and best under tho circumstances. LAWSUIT :daly's decision to be appealed. STATE IS INTERESTED Th Dlfferonco. Ho Of course there's n big differ enco between n botanist and a florist She Is there really? Ho Yes; a botanist Is ono who knows nil about flowers, nud a florist Is ono who knows all about the prlco pcoplo will pay for them. Boston Transcript, H Travaltd The clock struck 12. "I wUh I had enough money to trot el," remarked tho young man. "Hero's n enr ticket." announced her father, making his appearance at that point I.otilsvlllo Courier-Journal. RIGHTS OF BORROWERS EXPLAINED UNDER FEDERAL FARM LOAN LAW ImmI Hourd'fl -Itcfusul to Ilrlcoae II tIkiiMou Company From Itond Until Bottlers' Cause Right ed, is Influence. IKrom Wednesday's Dally.) (Siwlal to The Dally Ilullctin) RALKM, Or., Jan. 17. Judge tonly's decision giving nil tho water of tho CheWaucnn rlvor to tho Cho "waucan Cattle company, thoroby ron tiering vnluoloss tho I'alnloy Irrlga gatlon project, will bo npponlcd to tho Bupramo court. According to 'promlnout uttoruoya hero and In i'ortlnnd tho chancca o( obtaining a reversal of tho Daly decision aro bright. If a decision In Its favor Is obtained In thn supremo court tho Irrigation company will positively vomploto thn project. A weak ago tho Portland Irriga tion Co., a subsidiary of tho North west Townslto ., which Is back of tho project, amiounrod Its Intontlon of making no appeal from tho Daly decision, becuuso of tho cost Involved. Jhicnuso of thn financial loss to tho Keillors on tho project, who hnd In vested heavily in tho stock of tho Ir rigation company, It 1ms now con cluded to tnku the caso to tho higher court. According to tho nrrangomeutH which havn been practically conclud ed, tho statu Ih vlrtualy becoming n Imrtner with thu Irrigation company In prosecuting tho appeal, Tho Dos rrt Land Hoard will nsk tho lcglsln turo for f L'.riOO to moot half tho cost but, It Is understood, that tho com jinny will uppeul regardless of tho cost Involved, Htiito Vitally Inti'ii'Mnl. Tho stntn Ih vitally concerned In villaining a roversnl of Judgo Daly's iloclslnu, not only Mr thn purposn of liratccting thu settlors, but bucifuso tho very existence nud valuo of the '.State Water, Hoard Is Involved. If IIh finding aro to bo swept aside 'stood by tho governor In his sug gestion to put tho mutter up to tho Irglslaturo. i:unilimtlun to lie Tlinnuigli. If thn leglslatum sees the value wf this appropriation, tho Desert I.nnd Hoard will select two engineers act ing with Project Manager Fred N. Wallace to conduct a thorough examination"- liito tho defects In the reservoir It wits decided that If tho examination and repairs would vost morn thnu tho amount to bo Mskod for, action would bo deferred, but If tho cost runs less than $25, 000, repairs should begin Immed iately and tho unexpended funds re turned to .the state. Project Manager Fred N. Wallaco His 8nrl. "Como on, Hiram! Don't you waut to sco tho ossified man" "Nnw. I kin show you a whale town of 'cm." Kansas City Journal. His Carly Struggles. She Toll mo about your early strue tics, no There's not much to tell. Tn mora I struggled tho mora tho old man laid it on. IIoHton Transcript After croiscs and looios men grow humbler and wiser. Franklin, When a man sits down and hopes for tho best ho is apt to get the worst of It Not In It. "Money talks." "I'm sorry, then, but you'll have to count mo out of tho debate" Detroit Krco Press. Pour chairs nt your aorvlco at the Motrpolltan. No waiting. Adv. ONE CENT A WORD Is all a little Want Ad will cost you. Call for I'mpoMab. Tho County Court of Doschutos County, Oregon, will recelro soalod bids or proposals as follows: 1. For approximately nlnoty vol umes of record books, and for office supplies nnd fixtures. 2. For not less than SIX Standard Typewriters. .1. For till) transcribing of Its Intorest In tho records of Crook County, Oregon. Proposals may bo submitted sep arately for Hooks, nnd paper stock, for cabinet stock necessary, for tho typowrltors, nnd for tho Transcripts from Crook County. Specifications aro on fllo In tho office of tho County Clork for said Deschutes County, where they may bo examined b.y prnspectlvo blddors. All bids must bo filed with tho County Clerk for snld County not later than tho hour of flvo o'clock P. M., and must bo accompanied with a certified check on somo responslblo banking houso, to guarantee that tho successful bidder will enter Into proper contract nccordlug to tho re- Ulromout of snld specifications. Snld check must bo payable to tho Treasurer of said Deschutes County, and for an amount not less than fO per cent of tho amount bid. Proposals will bo opened publicly nt the Council room In tho O'Knuo building In Ileud, Oregon, on Mon day, January 20, 1917, and tho Court expressly reserves tho right to roject any and all bids, and also tho right to reservo any action there on until, tho first Wednesday, in March, 1917, It such notion bo found desirable. Dated at Ilend, Oregon, this 17th day of January, 1917. J. II. HANKR, County Clork. (From Tuesday's Dally) Iiy lrank R. Wilson, Of tho Federal Farm Loan Bureau. WASHINGTON, D. C, Jan. 16 The right to borrow under tho Farm Loan act Is limited to farmors and prospective farmors. Farmors or prospcctlvo farmers who wish to borrow, group them selves Into Farm Loan associations, each association being composed of 10 or moro farmers, and each as sociation starting with a minimum of nt least 120,000 of loans. To Join, a farmer merely makes application to tho secretary-treasurer of tho loan association In his community. If nono has been or ganized ho should got together tho required number of borrowers and organizo an association. r Tho Federal Farm Loan Hoard at Washington will furnish, on appli cation, a blank, form of articles of association for such organizations. Then tho organizers meet and adopt theso articles nnd sign them, nnd tho secretary-treasurer makes affi davit thoreto. This association then elects flvo or moro directors and tho directors then olect a president, vlco president, socretary-trcasurer and a loan com mittee of three mombors. As soon as tho Fodcral Land Hank of that district Is ready tor business It will provldo this local association with additional blanks Including an applcatlon for a chartor and blanks for tho loan commltteo to use In tho work of appraising tho farms. As soon as tho loan commltteo Is olected It may proceed to appralso tho farms upon which mortgages aro to bo placed. Its roport, which must bo unanimous, must accompany tho slgnod articles of association and bo tllod with tho Federal Land Hank of that district. When this Is dono tho appraiser of tho Fcdoral Land Hank will, como to Inspoct tho socurlty otfored and ac-1 cept or reject the report of the loan committee, No ono farmor may borrow moro than 110,000 nor less than f 100. No National Farm Loan association may start with aggrcgato loans less than 20,000. It John Smith, a farmer, desires to borrow $2000 ho Invests In the stock of his loan association one twentleth of this amount, of $100. Ills association then Invests this monoy In tho stock of tho Federal Land Hank, enabling It thus to In crease its capital bo as to mako an other loan of $2000 to somo other farmer. Tho borrower gets his In vestment back when ho pays off his loan, or ho may turn It In as tho last payment on his loan. Farmers aro required to form theso organizations so that they eventually will control tho Fedoral Land Hanks. Each loan association votes In tho election of the directors Of Its Fed eral Land Dank. Each association has a loan commltteo which values tho land of Its mombors subject to tho approval of tho land bank ap praiser and tho Federal Land Dank. Each association has a board of di rectors which has tho power to ox- cludo or admit now members by a two-thirds voto. It Is through this local loan association that tho far mor invests tho monoy to bo used for Increasing tho capital stock of tho Federal Land Hanks, and this is how tho farmer comes into possession of bis own banking system. Farmers nro permitted to borrow up to 30 per cont of tho appraised valuo of their land and 20 per cont of the appralsod valuo of tho perma nent Insured improvements th croon. It Is not necessary tor a borrower to bo an actual land owner when he Joins, but tho landless man must uso tho borrowed monoy to pur cboso land which ho Intends to, im mediately begin farming. Anothor chapter will bo devoted to this feature productive uses and provides a way for him to got out of debt from tho profits of tho Investment. Thus tho Farm Loan net places within easy reach of tho farmer tho means to help himself and stimulates his business initiative. Tho long tlmo loan, with Its small nnnunl pay ments, puts a quctus on tho terror of mortgage foreclosure. The Cuckoo. In tho middle nces the cuckoo was thought to be n god who took the form of n bird, and It was n sacrilege to kill him. The Romans were less supersti tious and more practical. They caught him. killed him nnd ntc him and held no bird could be compared with him for sweetness of flesh. The Next Thing. "Tills Is the sunset gun. The com Handing ofllcer bn3 to hear Its report every night." "And ruppcxo It Bhould fall to make a report?" "Then I bare to make a rcport." Loulvllh Courier-Journal. Ho Was Soured, Wijrwag I can always tell a mnrrled man when I meet one. Ilenpockko Ob, I don't know! Yon might occasion ally ran ncrons n bachelor with a grouch. Philadelphia Record. DYNAMITE KILLS UN RIVER THOUSANDS ME AH RESULT 01? LOG RLAHTING THK POWER PLANT l'RKl-'D EJIOM ICE, AND MILL RESUMES WORK. La Jcrz In a New Combination For Winter MORTGAGES GRADUALLY RETIRED UNDER FEDERAL FARM LOAN ACT vg&tgggtfggtf&eiggg&eiegir&tftfgiiir . . JV "nlblM ,.. tljfct JM mtf lock up but ll hM t, doukl. icllnl ipilor. SliM IkMt l muck aiulaiuimtitcillr Aim tuck laroimt pltoa Uim b IhiwmI C kUwt r t.utki41 altriMlf far tecum ihootlac, MARBLES Flexible Rear Sight -pv mWI4 t4 hMesi t4 f v M MM wnwl Want" 4 4 m-I tm iiM, GwMAfCff tJuf Of 4 U ' Hy I'nink It. Wilson, Of tho Fedoral Farm Loan Hurcau. (Written for tho United Press.) WA8HLN'aTON, I). C, Jan. 17. Ono of the features of tho Federal Farm Loan act which makes a strong appeal to fnrmers, Is that It .compels them gradually to retire their in debtedness through a long or short period of years. This process Is called amortiza tion. Ilndur It thu Interest and prin cipal aro paid off In equal annual or senil-annunl Installments through out tho porlod of tho loan, bo that at tho end of tho term of tho mort gage tho borrowor Is out of debt. All loans under tho Furm Loan act aro mndo under tho amortization or Installment plan. Slnco tho bor rower boglns puylng off htsulobt tho first your nftur ha gots It.' and bo causo a long tlmu loan Is best suited to farmors, borrowers under this net nro permitted to execute mort gages to run from flvo to forty years, nt their option. Permission Is given to pay all of tho loan or any part of It on any In torest paying dnto after tho mort gage has run flvo years. ftorrowera nro not permitted to pay off within tho first flvo years, because thu monoy which they bate borrowed has bcon procured by tho bank through tho salo of Its bonds, nnd bonds ennnot bo sold for a shortor porlod than flvo years. Tho uso of tho borrowed money Is limited to tho following purposes: To purchaso land or additional land; to pay off existing Indebtedness; to purchaso llvo stock or to mako nny productive improvements, such as clearing, fences, drainage, buildings and machinery. Tho object of amortization Is to onablo a farmer to turn n mortgage Into an Investment. When ho can borrow at a less rata than It ylolds him lie la ablo to pay off his Indebt edness out of tho 'profits of his In vestment. A long tlmo loan enables him to use his monoy Judiciously so that It wilt contribute to Increased valuo of his laud and Its Increased producing power. Heretoforo farmers havo not been ablo to borrow for tong time periods. This discouraged Investment In llvo stock and for many other purposes, because tho returns aro alow. Short term loans made a speculator out of a farmor. So tho Farm Loan act, In addition to providing a way for tho farmor to borrow to tho limit of safety. Induces htm to put hla borrowed money to (From Wednesday's Dally.) That thousands of fish in tho Des chutes rlvor nro bolng killed by the blasting or logs from tho lea at the mltla la tin ,itnn,l nf umlsr.n. u1 ...... ..nA,l Ih Un .1.,.n.nlf.. f. UIU UllbUfjVU . ,.IU UlUIMItlll, HOW largo a stretch of wator, In addition to that In which blasting operations nro actually bolng carried on, is nf. foctcd, Is not known. Throughout tho night detonations of tho high ex plosives used to froo tho logs so that tho mills might continue runnmg, wore heard at frequont Intervals. Tho minimum reached by tho ther mometer last night was eight degrees below zero, four degrees wnrmor than tho proceeding night, still bitterly cold, but making enough difference so that no mora foars for tho clos ing down of adltlonal plants of the Bend Water, Light & Powor Co. wero felt. A small forco of men Is still being kept on hand for emerg encies, but tho worst was passod yes torday aftqrnoon when tho main plant waa freed from Its Icy hind rances, and tho normal production of power was mndo ponslblp. Today tho machinery In tho plauor and box factory at tho Ilrooks-Bcan-Ion Lumber company mill, closed yesterday for lack of olcctrlo power. wan humming busily, 'J, Householders In tho city aro still In a sad prodlcamont, nnd with plumborB working day and night to thaw out pipes and repair leaks, It is estimated that tho work cannot bo finished until Friday or Satur day. Approximately 100 woro on tho waiting list today. JUVENILE LINES. ' A on.ploe of wlntarfa illk itrty la banded lth Ifuilmn nl, cl(MI wltli ball button ftlnlnl with an embrnliltred nar row bell ami tucked acrou th yoka In a bamming ntck Una. Thl mak an Ideul town for tnornlnfi. .MORI. OUT.U J'OR IKNI) IS PLANNED w fft r (Continued from Page 1.) kO V". Also u Full Line of SHOT GUNS, RIFLES AND AMMUNITION t- Bend Hardware Co. At YOUR SERVICE BUICK AND DODGE CARS, AUTO ACCESSORIES, OILS, GREASES, OXY ACETYLENE WELDING, A FULL LINE OF GOODYEAR GOODS WITH GOODYEAR SERVICE All work guaranteed. Our repair department is operated by ex pert mechanics. BEND GARAGE WALTER COOMBS. Mgr. ' MOTTO: SERVICE" la a most substantial now town, de clared Its climate second to none, Its resources prnctlcally unbounded, tta scenery romlnlscont of tho beauty spots of tho southland, and its res idents allvo, up-to-date, and bust-ncas-llke. "Man has two makers, God, and himself," tho spenker declared. "Qod gives us tho raw matorlal. Wo must mako character. Also In nature, he gives us tho raw matorlal. Horo In Rend Is mngnlflccnt opportunity. My friends, It's up to you. Tako nd vantago of It In such n way that you will bo proud 'of yourselves and proud of your town. And so that your state and nutlon will bo proud of you. Adicii Iking AoMmmI. "And don't bo bashful. Advortlso' your resources throughout tho coun try, particularly in California. I travel on nn averngo of 25,000 miles u year, and I havo heard moro In- qulrlen In tho last 12 monthB lu nA gnrd to Central Oregon than liicoii-" noctlou with nny other part of th" country. Thoro nro big interests ready to como lu here it thoy only knew what you havo to offer, and ready to help If you need uny assist ance." Western L'nlon Moving. Tho question of tho Dunham Falls segregation, tho bringing of tho Western Union oftlco and tho express ofllco closer to tho heart of tho bus iness district r and the Bonding of Tumalo mall froBNUcnd, Instead of neschutcB.-all'advocatod by Tho Bul letin in 'an earlier iaauo, woro taken up, nud It waa roporJjOd that wire aro bolng strung today for tho tote graph office, i- Tho Ilenham FaU matter wa8 referred to tho Irrigation, commltteo, and tho oxpross ofllco and the mall question to tho trans portation committee. O. R. ItllnRnN Pm.lHnnl v l T ta n 1.1 U. C COK. Vlen Prnalilnn T. n lLntivunini 4t -,... ui ' via ri,i.n ,,," ,?--" T """" "V'.M"U' "-?1? vuau.ur , n. n. uninun, vico iron, U, A, SS1U YUll.ABSt. LaBfllOr The First National Bank OF BEND, BEND, OREGON Capital fully puld Surplus - . . . Farmers Attention vAJsji 1 A r- 925,000 $25,000 S YOU Will have a large amount of surplus hay this fall and as this (Banlt has a large amount of surplus money, toe desire to loan you $100,000 to purchase cattle or sheep to eat your surplus hay. "'If you are inter? aled call or write for particulars. ft. - T FIRST NATIONAL BANK OF BEND ai y cMgIj T' V k,W l.