IHk «UMAU* UOUAtt KURAAU MUSO, UMSUt» Maki ÀWWI 1«. WH
F a UM 1
mm
Moro, Ufegoh
Meets the 1st and 3rd
Thursday evenings of
each month. Visiting
members cordidlly in
vited to meet with us
Glen King. W- M.
<-C. V. Belknap, Secy
TOPNOTCHERS
Moro Lodge No. 113 I- O. O. F.
Moro, Oregon
Meets every Monday
evening in the I.O.O.F
hall.
Transient and
visiting I -••others are
cordially invited to
meet with us.
William McKinney, N G-
Joe Truitt, Secretary.
K et
U. S. GOVERNMENT
GREATEST BANKER
Ho expr4stes ibi uo’nion that bsfoM
tho consolidation of tbe agricultural
financing agenda» too much machinery
had been created to administer the
financing Institutions which tbe Gov-
Runs Fifty-two Financing Insti erniient either owns or supervise«.
“Existing institutions represent a
tutions With Investment of
considerable differentiation of func
Two Billion Dollars—Thir
tion and any consolidations should be
preceded by a carsf U survey of tho ac
ty-nine Agricultural
tual activities of tho various Institu
tions.” he continues. “Tho only con
MERICA’S bigseat banker today Is solidation tho Administration has an
» the Federal Gorernment. which
nounced Is that of tho ’ agricultural
now operating flfty-lwo financing insti credit agencies tn tho Farm Credit Ad
tutions, says Professor John Hanna of ministration. As a permanent solution
Columbia University In the American this arrangement 1* too closely bound
up with politics
Bankers Association Journal.
“A bettor schema would bo to create
“Forty of these are owned entirely
a finance corporation under Federal
by the Government,” he says. “In charter to take over either the agricul
1^1
twelve more the Government has al- tural finance activities of tho Govern
ready a two-thirda Interest. Thirty*, ment or all its lending agencies.
seven
are Intended to be permanent.
“The Government's financing and
1931-1935
Twenty-five of the permanent ones add banking activities should bo hept
0?. 3
fourteen of the temporary ones are severely apart from subsidy and other
schemes for raising the prices of farm
agricultural
I92Ô
"The capital stock held by the United » products. Ono la buslnoea, tho ether 1a
States In these banks has a par value major political policy. Tbo advantage«
of the corporation over buroeu control
of 11,380,000,000. The Government’s
for the busfnoM functions aie real and
total Investment Is nearly $¿,000,000,- significant.”
000. Resources of those Institutions ex
M
L- ■
'j
ceed $3,000,000,000. In addition the
Railroad Legislation
Government has detailed supervision
over fifty-one mortgage banks, operat
A RECENT State legislative bill pro-
ing under Federal charter.
vtded that a track man carrying a
“The Government also supervises
4,600 lodti agricultural loan associa bell by day and a lantern by night
tions with Federal charters. All this should lead all railroad trains across
takes no account of tho relations of the grade crossings; that conductors must
Government to the twelve Federal Re- amilo when answering questiona; that
16/4M//ir
serve banks, nor of the authority re it would be a misdemeanor to serve
¿y
cently given to the Reconstruction eggs more than one day old on pullman
toppe
Finance Corporation to buy preferred cars; that trains be required to stop at
stock 1n national and state commercial any time when flagged by hitch-hikers,
banks.”
and that trains crossing rivers wider
The President has ordered the con than twenty-flve feet bo equipped with
solidation of the agricultural credit lifeboats and life preservers. Thia one
ated In good faith by bankers In coop agencies into the new Farm Credit Ad
Biggs and Mrs- Paul Stout of Shan Mr. Sissun said, “ft Is not enough, “as erating with the business interests of ministration, says Professor Hanna.
iko spant Tuesday visiting at the President Roqgevell hna said, that thorcountry, proved unsound under sub
while some bankers had been incompe
home of Mr. and Mrs- J. R- Dellinger. tent or dishonest, this was not true in sequent conditions. An unsound loan la
created by the borrower as well as the
Kendrick Dunlap is now helping R. the vast majority of our banks. A sit banker. A bank is only as sound as its
Abel through the rush season at the » uation should 'exist in which there is community, and this applies also to tho
not even a small minority of bankers banking structure as a whole in rela
warehouse and elevator.
open to question. Thore should be no tion to the economic condition of tho
Mrs. Belle Hogue, Lyle Hogue and room for dishonesty or Incompetency , nation aa a whole.
Mirs. Claire Simlar and. children to exercise any Influence in banking
“A bank Is truly a semi-public insti
tution, but In a reciprocal sense—It has
were visiting at the home of Mr. and - anywhere.
“While bad faith and bad manage
Mrs. Wren Hogue near Grass Valley ment enter the human factor in all its obligations to the public, but so has
the public equal obligations to ths
Sunday.
, ,
types of business, their effects In bank-» bank. No one who has not sound bank
Mr- and Mre- G- W. Barnett of The Ing should be surrounded by such spe ing principles at heart has any business
cial safeguards as to render them no
Dalles were over night visitors at longer a factor in bank failures. The in a bank whether as a banker or as
,
the J. L- Matthes home Tuesday.
. responsibility for bringing this about, a customer.
“The banker Is a semi public servant
Mrs- Walter Wilson spent several however, cannot rest-upon the bankers He Is charged with the heaviest of re
days this week at the home of , *r alone, for the means to accomplish it sponsibilities and obligations that occur
are not wholly in their hands. There In our economic life. But he can meet
sister-in-law Mrs. Carl Schadewitz. are other essential elements.
these fully only through the coopera
I “One is the efficiency of government tion of good laws, good public officials
Mrs. J. H. Wilson and daughter
Mirs. C ¡Rambo, Mrs. John Wilson and supervision. Since wo rely so greatly who are empowered ’to exercise au
upon supervision, it may. unless it Is of
her house guest Miss Lorraine Darby the highest order In safeguarding the thority over his bank, and good busi
ness methods on the part of business
were business visitors Thursday at public interest, create a sense of false men generally who utilise his bank.
security. Supervision should render Only through such cooperation by all
Grass Valley-
j
bad banking Inrpoasible, but it has
Mrs. Chauncey Rambo of Davenport failed to do so. There was super elements I d our nation’s community life
can we be assured of a failure-proof
Washington, is spending a couple of vision by presumably the highest type banking structure.'
weeks at the home of her parents of bank supervisors tn every one of the
“The Administration at Washington
instances of questionable banking that has taken hold of this problem with a
Mr. and Mrs. J. H. Wilson.
has shocked the attention of the coun firm grasp of essentials and is exercis
Harvesting operations are in full try during the past three years. There ing splendid leadership toward the de
swing in this community, the yield ; fore a thorough strengthening of super sired end. The strongest feature of the
being from eleven to twenty bushels- I vision is clearly called for if the people government program will be found in
are to rely on It to the fullest extent recognizing the joint reiponalbllity of
Mrs. Emma Schadewitz has been for the protection of their Interests.
tho public, of business and of govern- „
spending a few days at the home of
ment officials together with the bankers
The Public’s Part
Mrs. Guy Walton.
“Another essential factor in main themselves in creating the kind s<
Miss Cassie Holmes, who has been taining good banks involves the part banking the nation should have.
caring for Marguerite Mitchell, is played by the public in banking. There
now visiting relatives near Kent, and is certainly a responsibility on the peo
Dr. Harry D. Wilson
Marguerite is now rapidly recover- ple themselves to support that type of
banker whose rigid adherence to sound
DENTIST
principles makes a sound bank, rather
than to give their patronage to the easy
Miss Margaret Morgan, an instruc
Will be in Grast Valley
going banker who may be easier to do
tor of drama in the Union High business with, but whose methods cre
Monday, July 24
School at Milwaukee, who has been ate a weak bank.
visiting her cousins, Mrs. Frank von
“Bank customers are changed with a
Borstel and Donald Clodfelter, has great responsibility In protecting the
In Moro
returned to her home at Forest Grove. safety of their banks in respect to their
utilisation of the assets of the banks as
Tuesday, July 25
Mrs. J- E. Norton, president of the borrowers. Banks have failed because
Kent Auxiliary is making plans for| I many of their loans and securities, cré
the dance supper for Saturday night
August 19.
by
C/iAMi
O^ß/U/AßDi /vr
PAiT
TWENTY-S/X YEAPE
^ \ò9 Prbfessiorta.l toft, /fa .
ft 1907- jo, ¡920,1922 -24
TôffSSÎOm/ fa// ¿fa
CtofaH0A,/9ûYCÔ. iota- yo
Lupin* Rebecca Lodge No. 116
Moro, Oregon
.i Meets 2d and 4th Tues-
■ iays of each month.
Visiting members wel
come.
Havie Brisbine. N- G.
Lila Bull, Secretary.
Improved Pattare Pay»
MPROVED pastures are a cheap
of teed tor stock. A term Jr
I in toureo
Now Hampshire, cooperating with
his county agent toHressod bls I
acres of PMtaro with 600 pound, of
complete fertiliser at a cost of $75, rw
ports tho United States Department
>f Agriculture. After 4 wooks ha twnsd
nil cow» out on this pasture- Teste
made during the six wooks tho cows
grazed there sbowod that his herd pro
duced 7,000 pounds more milk than
.hey did th the eamo period the pro
vtoue year, although the term«
Cushion, B/lfattb
Cfofaxon,
Chri» Sekolta Post No. 7 i
Meets at Legion hall on
2nd and 4th Wednesday
evenings of each month.
Vernon Flatt. Commander.
Giles L. French, Adjutant
te/6/to/t
1919-20, 922^.
ÎO/U
/0)W) di'
^Town Talk
rffyi ri*,'296
The Mutual Life of New York.
Annuities, endowments,’ retirement
income, life insurance. I am in Sher
man county frequently, and will
gladly give any service or assistance
to policyholders. Geo. H. Flagg- tel
ephone 188-W, The Dalles.
Sealed bids for transporting chil
dren of District No. 9, formerly in
District No. 29, for coming school
term will be received by the clerk "bf
District No. 9 until Saturday Sep
tember 2nd. The Board reserves the
right to reject any or all bids-
A. A- Dunlap.
2t
CHOIES
Community Presbyterian Church
10 a. m.
Sunday School .
11 a. m
Momng Worship
Subject “The World’s Worst Curse.”
“If we say we have no sin, we de
ceive ourselves, and the truth is not
in us.
we oonfe^ our sins, he
faithful and just to forgive our sins
and to cleanse us from all unright--
eousness ” 1 John 1.7, 8.
Allan A. McKea, iMnister.
Christian Scieaca
CHRISTIAN SCIENCE
Subject: Mind.
Golden Text. Philippiana 2:13. It
is God which worketh in you both J
will and to do of his good pleasure
Responsive Reading: Pstlma 139:
1-4, 7, 9-12. 17, 23, 24-
All are cordially invited to attend
the church services and to make use
of the reading room in the rear of the
church building, which is open daily
where all authorized Christian Science
literatured may be read, borrowed or
purchased
“We should live soberly, righteous
ly, and godly in this present -world.
Ixx>king for that blessed hope and the
glorious appearing of the great God
and our Saviour Jesus Christ'
Titus 2: 12. 13.
Sunday School 10 a m
Fellowship meeting and preaching
Shoe Work at Walter A. May <
; JOSEPH Ä. MSB
!
l as
The Wasco Shoe Maa
I
■ un
'
u—
Patronite Journal Advertisers
Dr. J. A. BUTLER
dentist
HOME OFFICE. WA8OO
^EWV0ìtK> (©•v^)
FOR SALE AT PUBLIC AUCTION,
Prayer meeting Wed. 2:45 p. m.
Friday, August 25, 1938, 10 a. m.
Everybody Welcome-
The following property will be sold
at the ranch af Leo Brune about four
(Grass Valley)
miles North of North Dalles, Wash
Baptist Church
ington :
**•'
S. L. Boyce, Minister-
127 head cows, calves, two year olds
and yearlings; 11 work horses; 75
hogs all ages and sixes; and numerous
articles of farnajpachinery.
Kent News
|
Perry Bartiemay and family of
Rock Creek arrived Wednesday eve
ning as relief foreman in Mr. Dell
inger’s place due to Mr. Dellinger
having been taken to the hospital for
medical treatment.
Dave McKelvey is now a resident
of Kent, having bought a house and
iot of Fred Haynes and moved Into
town Tuesday -
Miss Lorraine Darby of Wasco is
spending a few days with her cousin
Mrs- John Wilson.
Max Pluemke and daughter Max
ine arrived home on Friday mornings
train from Portland where they have
been visiting for some time.
Mrs. Juanita Selig of Salem, Mr*
Kirk Schlesser and Mias Norma Jean
Poland of Portland, Mr. and Mrs.
Gordon Graff and son Tommy of
Hood River, Mrs. Fred Vogel of
FOR FAILURE PROOF
BANKING STRUCTURE
The Telephone call yoü
operation Between Bankers,
Government Officials and
the Public to Maintain
Bank Standards
elements beside the bankers
• tbvAuaelves are required in order to
give the nation universally the type of
banking it should have, Francis H. 81*
son, president of the American Bank
ers Association, declared In a recent
address. He said that the efficiency of
government officials upon whom the
people rely to supervise the banks
properly, and the patronage of the
people themselves are factors In the'
kind of banks a community shall have.
“There can be no question that the
people of the United States should have.
banks immune from failure and wholly
free from bad or questionable banking.”
may never make
SMOKE, fire . .. sudden illness . . accident
* . a prowler when you're alone . . theie
emergencies, wc hope, will never come to you.
But a telephone, reaching help quickly, dees
give peace of mind that means a great deal.
You can give your order to any telephone
employee. A telephone in your home is on
a few cents a day.
T he P acific T elffhone
and
T elegraph C ompany
The above map of the county is a W. M. line and thence to the place of
road map and not well adapted to * beginning-
|
.bowing th. division. m»d. by th.
Hyl«*««*:
th.
Umpœnry di.trictin« commits, b.t "Orth by
John Day river, south by the section
is the best immediately available. line 2 miles north of the division line
Following is tho description of tho between 2 south and 8 south and on
seven districts -as divided: Locust the west by the 17 and 18 east W. M-
Grove: Bounded on the north by che line.
Columbia river; the east by the town
Moro: Bounded on the north by the
ship line between 15 and 17 east W M Base line, the east by the 17 and 18
the south by the Base line and the east W. M. line, the south by the
west by the township line between gection line 2 miles south of the line
1« and 17 east W. M.
between 1 south and 2 south which is
Klondike. Beginning at the point approximately the top of Nigger
where the 17 and 18 east W- M. line ridge, on the west by the Deschutes
touches the John Day river, thence river.
Grass Valley: Bounded on the
up that river to the mouth of Hay
Canyon, thence up that canyon to its north by the south line of the Moro
intersection with the 17 and 18 east district on the east by two miles of
the 17 and 18 eMtW.' M. lino to the
township lino between 2 and 8 south
then« to th. John D.y ri,« which
is the east boundry, on the south, the
line one mile south of the township
Ine bewoen 3 and 4 south until that
line intersects with Finnegan canyon
which the division lino follows to
Buck hollow and the Deschutes
river.
Kent is bounded on tho north by
the line one mile south of the division
line between 8 and 4 south on tho
east by tho John Day river, on the,
south by the county lino and on they
west by Buck hollow and Finnegan.
These divisions may bo traced in
tho above map with a fair degree of
accuracy as tho township lines are