Sherman County observer., January 24, 1908, Image 1

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E s ta b lis h e d
M o ro ,
1887.
OBSERVEE.
W U
JOB P M
K
O f C vw y Description to O rd e r
. . Quick and Cheap I
lbber Stamp« Furnished.
-. ------ 1 for T yp ew riter^ Typewriter
BapplUe. Ribbon«, E ta.
S h e rm a n * O o ttn tv ,
u e » H > u » e u » e ueu»» H< o — o » i i t
person to whom the debt was due. Bo
the banka, with their steel and con­
crete vaults for their cupboards, kept
fbelr funds In their stockings and
Bud« their clearances over their own
nountere, sending forth their meeeen
fere 1Q twreon with cash to pay those
Who owed and would not come to col­
lect^
Ustire the eetabliabment of the clear­
ing (bouaa. Here w as a community
knltp <1 more and more closely together
•v w y year by the ntrongtheujng of
bualneea Interest, becoming
more and more a center for the e x ­
change of the country's bualneea,
where the weekly clearings ran Into
the billions of dollars and the weekly
exchanges of credits Into the hundreds
of millions. I or each bank to keep on
bund all the cash needed to care for
all the demands of depositors every
dry meant that practically all the as-
ae's representing active accounts must
be available at an Instant's notice.
fellow to hold It, and she did not draw
WH* T THU KIIRNKY0 l>O
It back, as of course she would have
dime had It been another fellow.
On Saturday when he asked to take
H e a lth y
her driving she assented with a prop­
ar show of reluctance. "8he knows!"
A ll the blood In the body passes thru
be thought. When he called for her In the kidneys once every three m inutes.
the twilight her mother explained that
T he kidneys filter the blood; they work
she was not quite ready yet and said
Be wise and buy your
that a girl friend had come to town nigh t and day. W hen healthy they
JUST WHAT NEW YORK’S CLEARING HOUSE DOES AND
quite unexpectedly and that sho and remove about 500 grains of Impure m at­
Kate bad forgotteu time In their chat­ ter dally , w hen un health y som e part of
It had just dawned upon Philip tering.
HOW IT WAS ESTABLISHED,
thia Impure m altor la left In the blood.
/
A
Smart that K ate Hampton w as the girt
Of course the least he could do w as Thia brings on m any diseases and aym -
he wanted. He woudered how he could to offer to exchange the stanhope for
totna: pain In the back, headache,nerv-
ever have healtated or ever have had a surrey aud ask the guest aud Rose to
ousnaes, hot, d r y sk in , rheum atism ,
Skilled Association That Has Been Made the Center of Coun-
a doubt. Why, she was simply*cut out go too.
gout, gravel, disorders o f the eyesigh t
The guest stayed two weeks, and
for him, he thought, as he dressed with
and hearing, dizziness, irregular heart,
I
try ’s Financial System Through Vast Transactions of
during
thst
time,
though
he
tried
num­
care and precision to go uud tell her so.
debility, drowsiness, dru|>sy.deposits in
"I should have told her mouths ugo.” berless times, l ’hll did not get to see
Modern Business— Simple Expedient That Solves
the urine, etc. But if you keep the fil­
he meutally argued. "She must think Kato alone. He waited ue patiently
us ho could- there seemed to bo noth ters right you ’ll have no trouble from
the Problem For Individual Banks of
I’m an awful duffer,” and ho woudered
lug else for hlu> to do—and hoped sho ! your kidneys.
anew that he had been such a blind
would see tho self sacrificing depth of
L. Hells, livin g in Moro, Or., says,
Keeping Enough Cash on Hand to
fool as not to know what had been the
bis affliction.
"U nlik e m ost people afflicted w ith k id ­
matter
with
hlin
all
these
mouths,
l
ie
Element of Danger.
H e had always known all the Hamp­ ney trouble, I never suffered m uch
Meet Daily Needs.
believed now that ho had been lu love
.There was an element of waste and with her ever since they hud goue to tons and had been a frequent caller ut
the homo. The Judge liked him and from backache, the principal sym ptom
an clement of danger In such a sltua
the klndergurteu and hud uot known It.
his jxdltles, which ho talked to the being a weaknees of the kidneys. There
tk>n as this. The element of danger
Ills heurt wus very light, aud he wus
I wise, and organizations o f boslneRs
was alm ost constant inclination to pass
A ll kinds of Reservoir and Cistarn work in oon-
O the average followers of a f­ | men In many quarters give their W its that the hanks, obliged to keep so singing at tho top of a lusty baritone poor fellow at all seasous. The moth­
largo ‘an amount of cash on hand, voice, "Oh, hut I love you, dear!" when er admitted U lin to the fam ily slttlug ■ l ^e secretions, aud I had to arise very
'necllòn with water systems installed in first
fairs financial the name of the i thanks to the New York clearing
room aud durned the family stockings often during the nigh t on this account.
w< old have shut down on their cus-
New York clearing honae la a s­ 1 bouse for Its services In the Interest of toi icrd w h o e v e r thero "was the slight­ there was a thump at his door and bis lu his presence. The small brother, I had used Doan's K idney Pills, previ­
class style and all work done guaranteed.
l*est friend, Fred Bart, dropped In.
sound banking and proper business
sociated
primarily
with
the
Dynamite and powder work on all kinds of Rock Excavations
est contra H on of money, lest they Fred was also dressed with care and Jimmy, admitted that I’hll was his ous to th is tim e, aud they had proven
weekly bank statem ent on which bro­ I methods It Is easily a circumstance find them selves unable to make good.
equal. Advantageous as was this fam ­ so satisfactory that I procured a box.
precision aud accosted Philip with his
) that merits a bit of study ns to how it
ily friendship lu some ways, It was us
kers sell or buy the market, as suits
Tim elem ent of w aste lay In the lim ita­ customary bellow.
They gave m e relief at once and 1 am
i came about.
disadvantageous lu others. It by any
their disposition, and an annual state­
"Going up to the Hamptons* T Well,
Suppose one goes back. Just for a mo* tions placed upon the Investments
glad to reoommeud them to others suf­
accident
he
called
and
found
Kate
ap­
which
the
banks
might
safely
and
ment of clearings, balances and e x ­ , ment, to the beginning, before there
hurry up! You must have been dress
parently sloue something always bap fering from weak kidneys. A number
changes running Into wholly im possi­ I was any clearing house nt all: It wtls - pr fltkbly make of the funds In their lng for an hour. What makes you so
pened. The telephone rang and some of my friends whom I Induced to try
charge
tf
only
their
actual
cash
out-
happy—got your salary raised?"
ble figures that are only useful for I long enough ngo to be in the day$ Mren*
one wanted to come over for a few them obtained the name satisfactory
Jny could be figured on the net Instead
"No!" said Philip shortly. He aud
one who Is preparing an address upon the hoarding of one’s wenltlf fu a
of on the gross basis. The clearing denly fait anything but cheerful. As minutes, or some presumptuous fool results.’’
the commercial greatness of tho coun­ stocking w as not a matter for extraor­ house was tho resu lt
stopped In to see Rose and stayed to
he knotted his cravat he said many
For sale by all dealers.
Price 60
try. To the average outsider still less dinary comment. Diverse system s of
talk to Kate.
And-
with
the
clearing
bouse
came
tldngs
under
his
breath,
ostensibly
at
Phil grew sick at heart, and Kate cents. Ftwter Milburn Co., Buffalo,
is suggested by mention of the New banking carrying diverse consequences m utual confidence based upon Infor­
tho stubborn tie. The thermometer of
to the depositor had afflicted thff coun­
mation. The member banks, first dis Ills feelings was dropping. He wonder began to seem a little cool and digni­ N ew York, sole agents for the U nited
York clearing house unless perhaps
try, and there were not a few who had
there remains a memory of some early but little one for banks anyhow and closing to each other their debts and sd what In thunder Fred had to go up fied. He felt that be must speak soon Htatea.
Remember the name— Doans—and
study of banks and their relationship chose to keep their funds at home, credits every day. later recognized the there tonight for. Couldn’t he see when or forfeit the girl's lova. She waa too
proud to help him a bit. One evening take no other.
to each other, says the Naw York where they could be alw ays obtaina­ wisdom of making a weekly confes­ he wasn't wauted? The last time Kate
he rang her up and naked If be might
P r o tla n d , O re g o n .
sion o f condition. Side by side was bad been not much more than civil.
Times.
ble. These chary ones, then, wanted
see her alone. He bad something very
maintained the right of the clearing
Oo
dow
n
past
the
clearing
house
He
finally
turned
from
the
glass
and
to
have
their
assets
In
a
thoroughly
The New York Tribune Farm er.
OSCAR ANDBRSON MANAGER
particular to tell her, he explained
•T O R A T
building In Cedar street, between "UqQjd” state. To do that they took house to go In and make an exam ina­ wriggled Into hla coat, with a flushed
H aving gone so far, he swore by all
Broadway and Nassau, and there Is no the chances of fire and robbers and tion at any time of a member bank, for face. "Well, come on!" he said.
H orses, c a ttle , sh eep an d sw in e ,
thst was holy that he would not leave
As they strolled up the shady sub
sign of great things happening near by. rats, kept their deposits In their closets the clearing house undertook to take
the girl that night until he had pro
A doorway leading Into a marble w all­ and made their clearances over their from each bank belonging to It a state­ urtan streets Fred did not seem to no­ posed and hud had an answer. “If the ure ow n ed p rob ab ly by fou r-fifth s
ment of Its claims against every other tice the drop in Phll'a spirits, but talk
of the readers of T h e O bserver, an d
C o rn e r 7 th a n d S tark S tre e ts . ed foyer, where alts an ancient guard own hearthstones
member bank, to balance those state­ ed away, w ith hla hand on bis com whole family comes In and stands
reading a newspaper; then a winding
It
was
a
system
th
st
had
certain
ad
It
It
new
and
Ila
rooms
are
provided
with
around In a circle they cau’t stop me a ll, farm ers and the m an w ith b u t
Free bus to and from trains
ments.
collect
the
balance«
from
the
panlon’a shoulder, until Phil began to
ancceeelon o f stairs—more than one vantages, but was not without Its
running water and long distance tele­
this time,” he said. “I’ll propose to on e horse or cow , in c o u n tr y or v i l ­
at airway and hardly two- and one drawbacks. I f one leaves out of con­ debit banks and turn the credits over hate him.
phones. European plan. Kates
Kate, aud If they don’t like It they lage, w ou ld he g r ea tly benefitted by
to
the
banks
entitled
to
receive
them.
Rates by the day
However, when they reached the
com es Into an upper corridor and meets sideration tho elem ent of safety In the
«1 per day and upward
can move. I won’t ”
Hampton house and found two white
Highest priced room $3
another guard, also at his ease.
stocking bank there la still an objec­
Kate met him at the door and ush read in g from week to week th e fine
Good Work Done In 1893.
per day.
clad figures on the porch hl> heart be­
Inside are tw o private offices that tion of Inconvenience when It comee
ereti him Into the big library, where a a r tic le s on th e care an d tr ea tm e n t
6 0 c, 7 6 c , S I . 0 0 , SI .6 0 , 9 2 .
I t was back in 1803 when the clear­
gan to bound again. It was quite like­
ing bouse lost demonstrated that It ly that Fred was gotug to see Kate's great fire was burning on the hearth. of liv e sto ck , by Dr C D S m e a d , th e
It was warm and pleasant after the world fam ou s v e terin a ry w riter, in
European Plan
was
an
Instrument
of
safety
as
well
as
Chao. rig h t, President.
walk In the frosty air, and he settled th e N ew York T rib u n e F arm er. I)r
of convenience In the memory of re­
Dick lease, Manager.
him self In the Judge’s big armchair B m eud’s a r tic le s ap p ea l to p r a c tic a l
A Good Clean Fam ily Hotel
cent things one needs not hark hack
with is sigh of relief. K ate explained m en, a n d no liv e s t o c k w riter in th e
to toe money stringency of that time
nervdualy thst her father waa out of U n ited S ta te s g iv e s m ore in fo r m a ­
*4 for illustration of what such a condi­
town and then seemed to wait for
tion means to the banks. In 1898 the
tion of every d a y a c tu a l v a lu e, pro­
eomejhlng. I’hll cleared his throat
people had to withdraw their money
lo n g in g the u sefu ln ess, and Baving
"
K
ite,”
he
Iteguii
and
wondered
Just
from the bauks not because they dis­
what he should say next. Why was It th e liv e s of v a lu a b le anim als. T h e se
trusted the banks them selves or the
so hard when a fellow bad thought of a rticles, w ith the oth er d e p a r tm e n ts,
method* by which they were conduct­
nothing else for weeks?
p o u ltr y , h o r ticu ltu re , d a ir y , sc ien ce
ed, but because the money whs needed
“Yes?" said Kate encouragingly, and m e ch a n ics, etc, keep th e N. Y . T r ib ­
to pay for the necessities of business
N earest H o te l to Business C e n te r, B a n k s and D epot.
then the front door slammed and In a u n e F arm er in the lead of the A g ri­
and personal Ufa. There came a time
moment more the Judge entered the li­ c u ltu r a l press of th e U n ited S ta tes.
when there was not cash enough In ac­
brary. He greeted the young man cor­
tual circulation to go around among
Sunday D inner 35 cents.
Sul»ecril>e now , at T h e O bserver
dially, sat down ou the opposite side
the banks If withdrawals were to coo-
Book S tore, M oro, Or. See th e c lu b
of
the
hearth
aud
begun
to
talk
poli­
linn«, and the prospect was for a sus­
rates in a n o th er p lace to d a y .
tico.
And
then
Mrs.
Hampton
came
In
pension of payments not because of In­
to see what was the matter. She had
solvency based on Inability to pay
heard the front door slam and had
Additional lxw al M ention
debts In liquidation, but Inability to
thought the Judge out of town for the
convert good assets Into cash quickly
ulght. In half un hour Rose ran lu
enough to keep up with the demands
D o n ’t »end u» fo r free ptPlication any­
from ranking a call In the neighbor­ th in g o f an ad v e rt K in g 'c h a r a c te r .
of depositors.
hood
and
sut
down
to
toast
her
toes
at
The plan that was adopted haa be­
A ll lo c a l» w ill be ru n t i l l o rd e re d o u t,
the tire.
come h is to r ic . In the office of William
They all talked comfortably, and no unlr»» otlierwUe specified.
Shercr tho present manager of the
one aeemed to notice that Philip’s
D o n ’t ask u» to send y o u n am e s a nd sd-
clearing house, there hangs a picture
~J~ Q
wAara M s p » o p l» t t o p
laugh was strained or that tho flush Jrv»s of c o rre s p o n d e n ts . T h a t Is a p riv a te
of a group of gentlemen gathered
on Kate's check was m<»ro than the m a tte r b etw e e n ib e tn and us.
around a big board room table. At
usual lieu I thy glow. Then the door
C o p v fo r sd«, ch an g e «, e tc., must be hi
the b* iid of the table 1 h II. W. Cannon,
was pushed o | h , u cautiously, and little th e office b e f o r e 2 o c lo c k p. tn. W ednes-
then president of the Chase National
Jim
appear«*«!
In
his
pnjunius
l
iy
to In s u re p ro p e r care and a tte n tio n .
bank, and around him are T. D. Tap-
T lie
X > a a ll« » a s , O r e g o n ,
"What lire you u ll having such a
pan. who was president of the Galls
D o n 't »end u« a rtic le s o n p o litic s , tena-
Electric ('all Bella.
good time ulxiut?” ho whined us ho nerunce o r r e lig io n . l)i» c u s » io n o f such
Ht earn H eat.
E lectric L igh ts
tin N a tio n a l; G. G. W illia m s , then pres­
ijtinlied Into his father’s lap. "You .«•pics o n ly lead» to v io le n t and a b u s iv e
ident of the Chemical National; Wil­
la n g u a g e In th e end.
liam A. Nash, president of the Corn aa oHaarrao t u b TOVMQ man ooaoiAhLT. alw ays leave me out"
H O T E L R A T E S TO S U IT YO U.
Phil's endurance touched Its limit j
Exchange National, anil J Edward
A v o id p e rs o n a litie s . C o m p lim e n ts d e li­
sister, Rose, who was much more bis right there. lie rose, with bis square
ca te ly g iv e n are a lw a y s accep tab le, b u t
Slmnn n*, president of the Fourth Na­
style,
nnd
doubtless
In
the
course
of
Jaw set.
All O R & N Trains Stop at Front Door
«•ven th e y m u s t n o t be o v e rd o n e , as th e
tional. "ho are still at the head of
the evening be could get Kate off by
"We won't leave you out tilts time, ch a rg e o f in c ln c e ritv is a p t t o , f o l l o w a
those Institutions, and E. II. Perkins,
Railway Ticket Office in the Lobby.
herself.
,
Jluimy," bo said. "We won't leave shower oi p re tty n o th in g s spread b roa d ­
who whs st (he head of the Importers
So tho four sut on the steps uud anybody out. Call lu the kitten, cast
and Traders'
With them were Mr.
made merry’, and when Phil proposed please'" And then he turned tn Kate,
T . N . C R O F T O N , P r o p r ie to r .
b e fo re c o m in g to th e c ity to tra d e re a d ­
TH E NEW YORK CLEARING HOUSE.
' Bherer nnd W. J. G ilpin, a s s is ta n t
u walk Fred cordially seconded the who teem ed paralysed as she realized ers are re q u e ste d to e x a in ln e T b e O b s e i v e r
m a n a g e r o f th e c le a rin g house.
Idea, aud they all got as far as the what be u a s going to do.
a d v e rtis in g c o lu m n s . Its th e a c tiv e , w id e ­
a
house and back of them a board room, to applying such a system to tho ex
gate together.
Phil thought there
"Kate," bo said, "for weeks uud aw ake b u s in t ss m an w h o a d ve rtise s, co n-
Eliminates Cash Exchanges.
Impressive In Its mahogany paneling lgenclea of even the ordinary kinds of
The committee became known ns the couldn’t be a better tim e for telling a weeks I’ve been trying every day to .e u u e n tly be 1» th e m o st a c c o m m o d a tin g ,
and furniture. There Is an air of de­ business If Involves carrying a great
«ells th e ch eapest, and deals th e m o st lib -
Its girl you loved her than the quiet moon­ get you where 1 could tel, you that 1 --ta lly In e v e ry wav
liberation abont the whole place. No­ deal of money In one's clothes, which clearing house loan committee.
lit ulght nor a better place than the love you and ask you to he my wife. 1
body apeaka loudly; nobody appears to may lie nfit only uncomfortable, but procedure was to eliminate entirely
C erbon paper, any size to o rder,
deserted streets of a quiet suburb. haven't succeeded for various reasons,
harry; nobody acts as though he were unsafe. I t Involves postponing collec­ the exchange of cash between the But when they reached the gate Rose so I'll have to do It right here, with
at l bs Obesrvsr ofitee
bauks
In
settling
their
balances
with
a t the very vortex of the great sw irling tions from one’s fellow traders until
decided she wanted a wrap, and In­ applause from the gallery. Will yon,
financial community.
they happen to have a sufficient amount each other by means of a system of stead of waiting for her, aa he should K ate?’* He was standing over her
G e t one o f o ur in d e llib le pads
In to these quiet quarters have been of funds la their pockets to settle up. clearing house loans nnd credits. Thus have done, Fred strolled on up the now, aud they held the tableau. The aud stamp for u a r k ia « 11 nan.
tf
a
bank
had
n
debit
balance
of
$250,-
going dally for the last few days a It necessitates much m aking of .change.
<00 It wopld l»e required to put up ap street with Kate, and I'hll had to w a it tears were running down her face, but
Ladies F an c y N o te Paper, large
company o f grave faced men. They
End of the Stocking Regime. proved collateral with the clearing It wasn’t a hilarious walk. Rose she could not take her eyes from hts. assortment w ith snvetogea to m eteh, at The
meet In the morning In the boar«,
When
he
dropped
on
one
knee
tieatde
seemed
as
out
of
sorts
ss
Phil,
and
Obeeryer Book Stora.
So It Is not difficult to see how the house backing n loan to It In thia
room and are together for a half hour,
they were both glad when they reached the chair the fam ily waked from Its
an hour or longer, as the cane may be. system of letting a bank make the aiuoggt. If a bank, on tba other hand, the gate again and ooukl get away dream and departed on tiptoe, the
T o insure p u b lic a tio n , article« for
When they separate to leave tho build­ change and attend to the other lx>ther- bad a credit balance It would receive from each other. Phil would net ac­ Judge dragging the reluctant Jimmy The Observer must reach the office before
noon Wednesday. The mail com«* dally.
ing each Is greeted at the door by a sorne matters l*»tween the (ban who a certificate from the clearing house cept Roae’a Invitation to w ait on the by the ear.
knot e f reporters With a common ques­ pays and the man who receives be­ In this amount having the pledge of porch until Fred and Kata caipe borne.
“Will
you.
Kate?”
begged
Philip.
I f you w an t to keep posts«! on a ll
came a popular one and In measure aa the associated banka behind I t
tion;
Ha didn’t w ant tq see Fred at all. But And then they both burst Into peals of ttis i is douiM la Hhsrsaoa «omtly, y«e w ant
it
commanded
public
confidence
super
Bjr
this
method
It
became
possible
*Ts everything eafet"
laughter, which were heard to the Tba Ooaarver. Term a fit .to par year
for the banks to use all their funds he consqled him self with the thought
And the members of the clearing aeded the stocking theory o f banking.
that very likely Kate was as disap­ dining room by the discomfited fam-
The Observer Is prepared to turn out
These
trite
reminiscence«
are
indulg­
for
their
over
the
counter
business
house committee have answered:
any <-lam of uptodnte Job p rinting .
pointed aa he himself, and the very 1,7
"Everything la safe today. The usual ed In here to remind the reader first wlthoat haying to employ any part of next day he telephoned for permission
New
HUn-k, an-ein presmen, new type,
But there la g<*>d reason to believe
applications were, made for assistance, that confidence and credit baaed on their cash to settle their balances In to come up that evening. It was gra­ that she did, for the Judge has been riatiafoclittu guaranteed.
A Scotchman, when asked why he always
confidence were eaeentlala of tho first the clearing honae. The degree of the
and It will be extended."
heard to say that ho considers his son-
A Blue .Mark here w ill answ er so
departure that public convenience coerffsney may be judged from the ciously granted, and be want down­ in-law the bravest man In the world. ”
talked to him self, replied:
1
Inquiry, when entered upon our calendar,
prompted from the stocking bank the­ fact that currency sold at a premium town and bought a ring, being an old
Center
of
Land’s
Flnanoe.
“Ip th e first p lsee, because I lik e to talk to
fa ahi an ed (over.
giving the date of the paper as the date at
It Is about once In a score of years ory (if doing buslneak. And In the esc of 4 per cant, and the banks without
Quite Sordid.
The next afternoon he chanced to
s o in te llig e n t man.
(hat this thing happens. Whan It does ond place they are made tai order tq coeeera for possible receivership ap­ meet K ate on the street, and aha
There was a burglar In the room. which your current subscription expires.
pome about the New York cleerlng suggest that after the banking com­ plications refused to pay out cash an
W e w ill not be reaponsihle for the
stopped him. "By the way. bring over The beautiful young lady sleeping
“In the second place, because I always like to
bones becomes a name on every ltp In munity became highly developed, eo their checks presented In any large yonr banjo tonight," she said. "We’ll there was sw skeued by the flash of hts neglect of eubaoribere to notify as of
that
there
Were
many
people
clearing
•
mounts
until
the
depositors
could
sat-
change«
in their address. Nor will the
every
bnetneee
center
In
the
land
It
hear an in te llig e n t man talk."
hare a Uttle porch party, and your lantern.
notification of a Poet master that the enb-
Is no longer the medium merely of a their own personal d eb it* and «redigi l"fg them that the money was ueeded banjo la alw ays so much In demand *’
"Let
us
come
to
an
understanding.”
We talk out loud for the Scotchm an's reasons.
v r ilu r baa “ Removed” settle the bill 6f
banks, the bank« them for W t lm a t s purpose«
published bank statem ent and annual through
And then he began to wonder whether she said pleasantly. "Are you the sort a delinquent.
T he panic of 1808 passed by and
report. The fact that all the national selves cam e to occupy the sam e rela­
W ould rather talk on P-r-i-n-t-i-n-g than
It could be possible that she might not of burglar I have met In fiction?*
beaks In the city through It have dem ­ tion to each other as regards the trans­ tlxr« were uo bank failures In the care for him. If she did, why on earth
"I sin not, mum,** replied the visitor;
D ifllo a lty in h a v in g y o u r O heeryw r
on any other subject.
onstrated tbetr ability to meet their action oft their mutual business aa Gearing house circle. The names of was she alw ays getting s lot of people "I’m the real thing. 1 hope that silver changed may he avoided by aaedteg the
their
customer«
had
occupied
each
to
tho
men
who
were
on
the
loan
commit
balance«
makes
It
the
primary
new
s
on
your
dreeser
Is
too.”
deelred
alteration to th la o lfic e . Always
We don ’t say a word about prices— it goes
around whan ba came? Then hla brow
the other* a generation or tw oliefore. tee eg that year went down Into hla cleared. “T he dear girl I" ha thought.
center for the finances o f tb s lend.
"Wouldn't do any good to talk to you give the name oi the ntor e from which
w ithout sayin g that prices are r ig h t
The cheek of every bank was a cer­ tory aa having performed a great pub­ “She la afraid I will see that she shout your golden haired be by, then?" you want It changed, aa well ea the one to
Just recently tbs Cleerlng H ouse as­
which It is to be »set.
sociation has figured in the newa In ar tificate of (fee own Indebtedness, good lic service that was to stand unique cares, and It la her way of defending
"Nope.**
And our work— if I t ’s not right, send «it back.
even more prominent w ey. Certain SO long as the person to whom ft «ras until the crisis of October. 1907, was herself.**
"Got s sick w lie s t home?*
D id it ewer oocnr to yoo that it
reached.
♦
Try us. We Print anything.
gentlemen o f explosive financial meth­
b*>*
“Nope."
The porch party was Jolly, aud there
ooeta no more to produce p rinting tbok
The clearing house committee of was a good time, but Phil aaw next
•d It had the funds ofi deposit
ods have been elim inated from the who signed
“Worthy man, drlveu to crime hy la pleasing to the eye than the other
banking situation. The papers have and that the bank Itself wes sound. llK ff ■grill also go down In financial his­ to nothing of Kata. Hbe was here and hunger perhaps?*
kind. T h e Oheerwer to equipped w ith
said that the clearing house did It— Bat, however readily accepted, the to ry * as having exercised effectively there and everywhere, the moving spir­
“Nope. Just out from n»e lest Joto" all modern faollltiea for doing
and
skillfu
lly
the
moral
suasion
which
w ent so far even as to compel one or check of Jetm D. RocksteUer or J, F»,
“Well.** concluded the young lady, work a t the very m in im u m of eaet?
it o f fun. NavarthelasR he felt that he
PD o po , w w w
O re g o n .
more of them to sell their bank stock Morgan would bava bo vaine a n I sen la the ehtof power of aa organisation gained a little, for when ha said good “I’m disappointed. You're mean to dle- us w ith an order and If it to no« i
Its handling meant In the end thst the w ith billions of assets among Its nen- night he held her h o
•n d otherwise to efface
me. and I ’m glad that's plated ed to your perfooti
THE HAPPIEST AMERICANS,
THE OREGON FARMER
b
Surrtes, Buggies, Wagons
holements and Machinery
R o m L . R . F R E N C H , M o r o , O r e g n 5>
PLUMBING «
Th«|r IssesMag Werls Keeps
■■ *<ve»<
STEAM FITTINC
T
: H . A . S t u a r t , M o r o , O re g o n .
P usthum , R rick md Q omcrete W ork
Esmond Hotel
W hen
in
P o r (ln n < l
Conor
W uJ Monta Streets
Hotel Oregon
Wright-Dickinson Hotel Co.
W
■. C.
H otel M oro
Opposite Post Office
M o ro , O regon.
The Umatilla House
JOB PRINTING
1
Talking to Himself
O b s e rv e r P r in tin g Office
wee to bs paid eut to the
not
I'
/\
PAJ for to.