Or H taJo í, Cài HiM. t M oro, S h erm an E s ta b lis h e d . 1 8 8 7 . THE Wm. Rudolf ONE W AY M illing C o . h a a x a x x a x x a a W arehouse BANK M oro H otel M oro . ’* - Nearest Hotel to Business Center, Banks and Depot. Sunday D in n er 35 cents. F irs t Class B a rb e r Shop In th e H o te l. ——Opposite Post Office Moro, Oregon. H otel M , r X ’on. R . M o s la c h e r , p ro p . Accommodations First Class. Headquarters for Traveling Men Rooms Well Furnished, Nicely Ventilated, Newly Renovated The Best of Table Board at Moderate Prloe. « g y Q p n h t f t tho pooplo »top The Umatilla House T h e Hteam Heat. O re « o n , Electric L ig h ts Electric Call Bells. H O T E L R A T E S T O S U IT Y O U . • I • All O R & N Trains Stop at Front Door Railway T icket Office in the Lobby. T . N. C R O F T O N , P r o p r ie t o r . PLUMBING » STEAM FITTING ' All kinds of Reservoir and Cistern work ii> con- - nection with water systems installed in first class style and all * work done guaranteed. Dynamite and powder work on all kinds of Rock Excavations H. A. Stuart, Moro, Oregon. P lasterihq , B rim iio P. omcrete W«¥ Oregon “ Builders” Aire you doing what you can to populate your state? O R E G O N N E E D S P E O P L E —Settlers, honest farmers, mechanics, merchants, clerks, people w ith brains, strong hands and a w illin g heart—capital or no oapltal. lie Oregon Railroad and Navigation Co. Is sending tone of Oregon literature to the East for distribution through every available agency. W ill you not help tbe good work o f building Oregon by sending us tbe names and addremes of your M ends who are likely to be Interested In this state? W e w ill be glad to bear the expense of sending them complete inform ation about O R E G O N , and Its opportunities, j* /. C O L O N I S T T I C K E T S w ill be on sale d u rin g S E P T E M B E R and O C T O B E R from the East to all points In Oregon. The fares from a few principal cities are • ..•4 1 From Denver.............. 130 00 From Louisville C in c in n a ti..... 42 “ “ O m ah a.............. 30.00 C leveland........ 44 “ Kansas C ity.. 30.00 1 New Y o rk ........ 66 St. Louis.......... 36.60 * “ Chicago............. 38.00 T ic k e ts c a n be P rep aid 70 20 76 00 I f vou w ant to bring a friend or relative to Oregon, deposit the nroner amount w ith any of our agents. T he tlokst w ill then be furnished by telegraph. F . C R A B T R E E , Local Agent, Moro, Or. M c n u rra y , General Passenger Agent, P o rtla n d , READ THE ORSERVER M eds L IsM s Beoegnlaed A u th o rity on Questions B illiard and Pool Tables Oregon. A L L th e tim e . For C o u n ty news Diseñases »»a r ia g» o f Proposed antee F iso . loeoold drinks and Ice cream In sea son. Soda water, bottled and fountain, always on hand. Vinton Hotel Di- (B y George B. Roberta, foi rector of the M in t ) Tbe proposal to require the banka ef the country to guarantee each ether’« deposits etree Its present strength to tbe financial disturbance of last fall. G RA SS VALLEY, O R E. I t Is arg«d aa a means of preventing panics, and there la no disagreement about the desirability of accomplish­ New Entirely. ing that purpose. Most of ue agree that a repetition of the conditions Convientto Business which existed last fa ll should bo made Impossible, bat this Is by no moans the only way to do 1L or the beet way. For years the advocates of compre­ hensive currency reform have pointed oat that with f 14,000,000,000 of bank Conducted on Best Principles deposits in the country and only about fa.000,000,000 of money all told hi thu country, both in the banks and out, G em m e r e ia i T r a i t « e lic ile » there should be some method provided by which, on tbe beats of good assets, the'supply of law ful currency ooald be readily Increased So meet exeeptlonal demands, whether such demands were due to seaeons of unusual business ac­ tivity or to alarm among depositors. Their foresight and arguments did not avail, hot they are hardly to be awep^ off their feet now by Impatient seal for thia new, and, as they regard It, Ill- considered scheme They stand for a •T O P A T complete and scientific treatment of the subject The guaranty of deposits Is a crude and imperfect remedy at beet. I t does not recognise or attempt to cure the C orner 7th an d Stark Streets. defects la our banking and currency It I , new and I I , room« are provided with systems, but alms only at persuading running water and long distance tele­ depositors not to draw their deposits. phone«. European plan. Rate« The losses to depositors by tbe failure •1 per day "and upward Highest priced room $3 of national banks has become an Insig­ nificant percentage, and la growing lees Wright-Dickinson Hotel Co. every year, as a result o f natural, evo­ lutionary progress In banking. The Chas. W right, President. standards are being constantly raised, S . C. Dickinson, Manager. and the efficiency of official Inspection and supervision constantly Improved. The true line of development Is not by X any revolutionary policy, but by hold lng Individual bankers to yot stricter account, and a t the same time enabling every properly conducted bank to readily obtain a supply of cur rency to meet all demands upon i t F rot len d , O reg o n . The fundamental weakness In our currency system Is In the fact that R la OSC A a A N D BB9O N MANAOBB not readily responsive to the needs ef tbe country. Tbe legitimate demand for money varies from je e r to year, and from season to Beason In the same year. I t Is a fam ilia r fact that there F ree bus to and fro m tra in s la a great deal more business to be handled frem September 1st to Decern R ates by th e day ber 8 ls t each year than In any other 6 0 c, 7 6 c, S 1. 0 0 , 8 1 . 6 0 , 8 2 . four months of the year, but there la no more money In the country, unless E uropean Plan gold 1s Imported for tbe purpose. PRICES R E A S O N A B L E W hen .. in P o r tla n d Hotel Oregon Esmond Hotel Comer tat ud M oró Strati A Good Clean Fam ily Hotel W o a lS LoatS «o M ooklooa R e e k i e « . B oe< - Under present cendillaaa - compensations la favor ef conservative banking pie who are not lnflueared Ip their se­ lection of a hank by the highest rate of interest offered on deposits, and have their eoaplotoae areaaed by teuder of exceptional They knew that euph «Ban pot a strata upon the bualnaaa. ead they de­ liberately prefer to piece fiketo money with a banker who wUl not oubjert hl meet f te each strain These deposit ore esteem safety above all ether sou «Iterations, and they are aumereus euoogb to exercise a very wholesome restraint upon reeklees taadeeetoe In the business A banker new prises the reputation of doing a safe bustnsqe. and eannot afford te have a reputation far imprudence and speculative In­ clinations And ysL altheogh held In check by these powerful cooslderattona. the pressure of competition carries the business near tbe danger Una even now. There 1« toe much competition for deposits, and the ambitions ef the more venturesome members of the fka ternlty, and the pace they set, puts the whole system under strain. But what are likely, to be the oen- dltions la the buslnen when tbe public le no longer concerned aboet tbe man ageiuent of a bank, and all tbe re­ wards for conservatism and roetrauts upon recklessness are removed! Tbe considerations which la the peat have tended to safeguard the buelueee and advance its standards weald he gone The public would care nothing far the personality of the banker. Instead of looking to tbe Institution which receiv­ ed the deposits, the depositor would re­ ly on an outside fund. A banker might bet all the deposits ea horse races without the fact becoming a matter ef any concern te hie custom ere. And how would the conservative, prudent banker fare wader these ren­ dition« T The legitimate «award far maintaining that character would he lost to him Ha would ge| as deposits talees he bid ns high far thorn as his rival«, for the gov era n o t would stand behind tbe latter, and ensure the pub­ lic that they were Just as safe aa ha. and tax him te make them ee. , In short the reckless and lneemffe»ant pee pie, who are now either ex rinded frewi the banking business, or held to eheck by the distrust wblcb a discrimlnattag public fsels towards them, weald make tbe pace to which everybody etoe' In tbe banking business would be obliged to conform or get ont of the buetoeas o. B- iflessinger C ity L )ra y REED HULSE CITY DRAY NO. 2 F I ¡-j 1908 F iv e C e n ts B triN IS PROPHET FAILS TO QUALIFY t t k te Fase. ommn n H EHFJCT FUH Of the 8econd Cistern Oregon District Meneders He Foreto ld N ever Coate Comprised of the Counties of Wisco, aiwayi Hood River, 8herm in, nin. Gilliam, Crook, ind Wheeler, will be held i t --- . / Oeld Standard Dees V e t Slay, V e r The Dalles, Oregon Deen Xt W r ite F u tu re l a Blood. Tuesdiy,. Wcdnesdiy, An a prophet WtlUam feontogs B ry ­ an tag never bean a swaaaau Tbe ca- an itto o whieb he has foretold woald iMive brought unlimited disaster to the os— toy If they had ever been realtoed Sat thaqr Parer same te pasa. The har- rewlag ptotures whtoh 1 m painted were 'uerdly figments ef his imagination, based on absolutely no foundation whatever. « I t Is well to have Amarioaas remem­ ber that prophecies ottered by tbe era- tor of the Platte must be discounted tolly 100 per sent, far all signs lndl 'ate that be feels the totes once more and Is about to begin prophesying »gain. A male Cassandra, Mr. Bryan might hj thia time have learned that the foreoast ef evil w ill never be be­ lieved by those who have found that to the past kla vaticinations have beep bat empty air. MD v i v i a g C o u n try to S u l u ” For lastanco, whan M r. Bryan was a member of tbe Rous« ef Representa­ tives to 18M be was absolutely certain that protoetlop was driving tbe coun my headlong to rack and rnln. and In bis speech delivered Mnroh Id ef that year he drew tbe following agonising ploturea: “Fretorttoo has been our cannibal tree, and a» ana aftqr another of our farmers has been driven by the force of elveunwtanoea upon that tree and has beau eruahed w ithin Its folds bla ooaepanloue have stood around and abeutod. ‘Great la protection 1’ • • • Thue to every State, so fa r as these statietlGB have been collected, tbe pro­ portion of home owning farmers is de­ creasing and «bat ef tenant farmers Increasing. This p— me hut one thing. It means a land ef landlords and ten ‘tata, and, backed by the history of •vary natlea that has gone down, I eey to yon that oe people can oontinue a free people under a free government when the greet majority of Its dtlaens W o a l d D e e a o r a l l a e B a a lB e e a . ato tanaata of a small minority. Your The hardest competitor In any Has ayatem (protective ta riff) has driven of business Is tbe Incompetent er die the farm owner from bla land and honest man who does anything to get aobelliuted tbe farm tenant." business. Such people get Into tbe How tor this picture portrays tbe banking business even now, but their Dumper and Influence for mteebief America ef to-day or tbe America of would he greatly Increased if they any year since be made that speech were backed up by unlimited credit In any American oan annwer. Even to other lines there may be some question Mr. Bryad’e own fttota be «an find an aa to tbs quality or service offered kff answer right at bla doors, for ths farm rivals, but all bankers deal to the came lei.d» of Nebraska have doubled to kind of money, and If deposits wens value. made a Joint liability, there to no res "Xuxderoua Gold S tandard.” son why they should not go to Dul during the four years soooeedlug bankers who offer the greatest todpee- that speech My. Bryan’s agitation grew mente to attract them. The careful no lees nor did the demon which be banker would have no offset or protec­ had raised to bla own Imagination hide tion against demon Using competition, with diminished bead, for to 1H0« be and be would be placed to the strange again aaw destitution threatening the position of being liable for his com­ c o » . « . H . b .4 . r . » M , ro , I t . petitor’s obligations. panacea, a fetloh which be held up fo r All efforts to make It appear that tbe werehlp— free »liver. Bere are some Interests of beakers are oa one side ef ef tbe things Mr. Bryan said would thia question and tbe interests of de­ happen If the gold standard were con­ positors on tbs other are untrue to tbe facts. Nothing that to the long run la tinued : " I- reply that If protection has slain harmful to tbs banking business, that geld standard has puts it under strain aad tends to leav­ er Its standa is, can be beaedkdal te slain Ita tens of thousands’’— Frew depositors or tbs public.* ft cannot be speech at Democratte National Oonvea- advantageous to tbe community to kave tion, July. ISM. “Do aot let «he BepUblloane beguile Ita aavlngs and working capital pasa w about tho future The future Is Into the hands of the venturesome class of bankers who w ill bid moat far written to blood eruahed out of you by them. Tbe actual waste and lorn geM.”— From speech at Erie, Pa., Au through nnwlee Investments would In­ goat, IBM. evitably Increase. I t would toll at first Ah. my frleada, there le another on tbe conservative bankers and penal­ reason why poople ***• ise them. Instead of aa allm laatlea of cities aad left the farms I t la be- tbe unfit, which le the true process ef eapae yq«r legibletlen has been caus­ evolution, the tendency would be to an ing the torede«ur» e f aaortgagee opoa elimination of tbe beet Eventually the • the farms. • • • M ark eay wards I burden of Increasing waste would have I f the gold standard goes ea sad peo­ to be borne by all depositor« and tbe ple eopttoue to emaptato. the geld etan whole community. dard Mreoatea Instead ef trytog te Im­ prove the eeadltlon e f the people w ill O k la X e a a a T r i a l l a a a a a l a a l v a . bd veenrnmeadlag that you dies» your The fact that tbe first bank failure eeheols so that the people w ill not real- to Oklahoma a fte r the law want Into toe hew aaash they are suffering.”— offset, was followed by Immediate re­ From speech at Meomoath, 111., Octo­ imbursement e f the depositors, proves ber, lg M nothing as to the practicability of the Bat whom has the gold standard system in tbe long run. Tbe fact that the State beaks e f Oklahoma have elato! W hat future did It write la gained deposits since the system wept Meed! W >et dietriot echeels did ft Into operation, while national hanks does! Again the oeadJtlea of the within the Stats have lost, i f true, «ountry ■ekao e calm reply oonfotlag proves notblag as to the merits e f the the Irtpeeaieaed erater. system. The law itself requires that t Oampajgalag again la 1800 Mr. Bry- ended tosi a ll puhile deposits must he kept 1« danger to the ee«atry I f It banks that belong to the system, aad other dangle this provision alone would capes a ean- ooatlaned the Fearth ef July would he slderable transfer ef deposits aad In- forgotten hg All Americans aad «he “spirit ef ’T»” would become a thing fluance soma ba aka te Join the ef (he past. Speaking at Lincoln, M r. The real test e f th e policy w ill ip ita lafiuence upea the hanking Bryan said: nans to the tong run. .WUl Ik Been Death e f Fatrletiena. secure mere enrefal gpd prudent to- "The fight thia year w ill he te oarry veatmsnt ef the vent spam w h M i tbe people ef the ceaatry keep la tanks, or out the oenttomat ef that eeag we have w ill It tend te weaken the personal re­ so eftea repeated. K y Oouatry, T ie ef sponsibility for thee« tondn and divert T he«’ I f we lose, ««r ehfldrea and eus ehildrm ’s ehildrea w ill aa« auceeed them tote Incapable to the «plrtt ef that soag. and ealehra- 1« a superficial i H obs e f «he Fearth ef July w ill gam lays all emphaaia op— «he away, fer tbe spirit e f the empire will re— Its e f the law aad give» — As a remedial measure the guaranty of bank deposits Is not only Inadequate, but It la worse than Inadequate, for It proposes to overturn tbe principle of Individual responsibility by means of which the banking business has been raised to Its present high standards, and upon which all Individual and no­ .Until further notice I will not d a l progress Is based. The propoeal contemplates that the can-y with me on my trips over the county, any medicines, Balvea or public shall be relieved entirely from liniments; but a full stock will be the exercise of Judgment and die kept on hand at my store and all crimination In tbe choice of banks, and mail orders will be promptly filled. while It Is highly desirable that all banka shall be made safe, to the end that even the most Ignorant and con­ fiding may be protected, H Is still trne that as alert public oplnlonqhaa greet Influence la maintaining proper bank­ ing standards. We cannot afford to do without that Influence. Under present conditions the Invest­ ments, the personal habits, the general character and abilities of the banker are under the constant scrutiny of the M o ro . O reg o n . community, and a m atter of public In­ terest. Notwithstanding occasional In­ stances In which the public has b«*,n deceived, It may be stated as a general Express and Freight Delivered to any Part of the City proposition that an unblemished char­ acter and a reputation for good busi­ Piano and Furniture Moving. ness ability and conaarvatlvs judgment Trunks and Grips Delivered have been necessary to success In the banking business The public looks over the Individual who Is to receive, To and From all Trains. apd luvest and be responsible for its monky with some discrimination, aad the elimination of the unfit by the scrutiny and composite judgment of the community la a ffcetor of the highest value In maintaining the standards of Proprietor of - the banking buatoeos I t la, however, a factor entirely overlooked by the ad­ vocates e f this scheme. They calculate the insignificant per­ centage e f less to total deposits under pareeat send!tleas, and assume that no Draying of all Kinds. t, ’ greater loss«, weald occur after char­ Trunks and Gripe Hauled to and acter ceased to he a) factor In the busi­ ness. and all deposit» were given blind­ from all trains ly to whoever weald hid highest for them. To the ebjeotloa that this slim- laatioa e f character as a factor In the acquisition of deposits must tend to POLK’S OAIETIXER ¡.L H MRU irh C City, D uainw in .« « a D irectory o f «ach ««ch ity. ■ premote reckless banking, reply to o n and) «nt. ■ Town *nd V ill o n In O r .y «•"> made that banker« w ill he deterred irlp tlv a , ■ n . a _ lv in e a D M x arlptive. Washington, I Skateh W n fto eeeh plan«. from recktoesnsss by fhar ef losing I ■h Hk I apt ne of Faciliti«« «ad lin a i n a an ■ their own money The reply misses the ' ad I p«w h loo. point All men ere net deterred from sidération te Ita vlelattea ef POLK a 0O-. Santi la. W.sh. recklessness by fear e f toeing thatr Alex. Haatfr, AgL, Demoss Oregon W in . Be Confectionery A • * Baaks One A n o th er's Debts * Cigars, Tobaccos as a rale, kept oat of the tanking but* neae by the unwillingness ef the pahlie to entrust mousy to their oars. C e e e t e l B a a k ta t« S h ell To have money is to save Jt. The one sure way to save it is to deposit it with Wasco Warehouse Milling Co. bank. You will then be exempt from the annoyance oí h ar ¡ it burn holes in your pockets. Aside from the tact ¡ your money will be safe from theft; the habit of saving tends to the establishment of thrift, economy, discipliné and a general understanding of business prinppats essen­ tial to your success. To W ok litbini mtli relations we M i l eiteii ou mees. asco «EWS OF g EVO First street. Strong brick, Sforo, Ore. SURE W C o u n ty , O ^ e^on, F r id a y , S e p t. 2 5 , Thursdiy, Friday, and Saturday October 6th to 10th The Maln^Attractlons are The Pavilion in the city. Stock Exhibit. Speed Attractions. School Childrens Exhibit. Balloon Ascensions. Arnolds Amusement Co., who will outdo former efforts. All railroad and boat lines will give reduced rates of fare Handsome Premiums Offered for all Exhibits, Race«, Etc- , Bee premium list, which will be furnished upon application A groat exhibit of our annual resources and endless amusements in car lots are in store for everybody. ...... J. L Kelly, President. and forgotten sod the Fourth of July a meaalagleek date on tbe calender! Ooe of tbe moat ridiculous of these opbeclee was contained to a epeeoh r. Bryan made to support of Judge Barker during tbe campaign ef 100A, when be attacked Prealdent Roosevelt bitterly. Thia prophecy had It that military daepottam waa sure te follow the decrease In the slae of the ataudlng army. In thia speech Mr. Bryan alto emphasized the fact that ha waa then and alwaya would be a firm believer In the principle of free stiver. He sum­ med up his poeltlou on thia question to the following sentence: “I believe to-day In tbe principles set forth at Chicago and Kanaaa Clty, (ld to 1) and shall continue to tight for those principles” C TAFT’S RELIGION, A Oonaiat«nt C hristian w ith Be Spot Upon H ie Beoord of P riv a te Con­ duct and Public Servioe. To dispose of questions which ehould not be asked aa speedily aa possible let ns eey that Mr. T a ft la a member of tbe Unitarian church. That was the church of hla parents, and he has never separated himself from It. Hie wlfo, however, le an Episcopalian, nud ha worships more often beside ber In her church. These are tbe facta, which are utter­ ly and absolutely unimportant. Tbe matter of a man’s religion baa no right­ ful place la consideration of hla fltnaea for the presidency. The constitution of the nation, ordained and established “Io secure the bleeelnge of liberty to eereelvee and our posterity,*’ expressly tb. of such ” . . . ___ _ thought outside the pale of patriotism. No words can be clearer than these from our country's fundamental law, “Ne religious teat ever shall be 're­ quired aa a qualification to any office | g,. public trust under the United State«.” The numerous queries about Mr. T a ft’s reilgloua belief shows simply the extent to wbh*h bla enemies have gone to reuse some prejudice against him. Since there was no spot upon bla whole dean record of private oonduet and public service to wblcb they oould point te T a ft’s detriment they display­ ed their ‘Xlllngnees to descend to any depth of petty, cowardly, contemptible attack that might do him barm.— Philadelphia North American. A M adm an’s Strange Belief. An unfortunate maniac was confined to one of the Scottish lunatic aaylums, hla particular Infirmity being an un abakable belief that every day was Christmas day and that he waa din lng sumptuously on turkey or roast beef and a good slice of plum pud­ ding. His real diet, however, waa of the plainest, he being served twice dally with a dish of oatmeal porridge. A fter dally describing to hla attendants the pleasures he had tasted to hla cut of turkey or what not he aa regularly addod, "Yet, somehow or other, every thing that 1 eat taates of porridge.' Thia story it was which gave rise to ths saying, “As palatable as the mad­ man’s porridge.” A Nautical Pasaenger-W hnt makes this boat pitch so! Bailor—T h a t’s a nautical se­ cret. ma’am, that we don’t Ilk« to give away; but, sealn* It ’s yon, 1 don’t mind tollin’ yon that It’s the waves.—Ban Francisco Call. J. M. PltteR8H, Secretary. Th« Scrap Book DENIES THAT BETAS “COULD DO NO H A N *-" Congressman B u rks Bays Offloe ef Fresldent la In fin ite ly M ere Few - erful Than Congress. Gougreesman James Eraaoia Burks, ef Pittsburg, to aa addreaa oa "Tha Powers of tbs l ’realdaat.” says: •'The American people can make ue greater mistake then te elect Mr. U ryaii ou tho aasuinptloa that he eaa do no harm to the face of aa adverse Seuata Aa between the executive aad legislative departments of the ment,< the former has Infinitely power to rule and ruto than the tot­ ter. "Mr. T a ft and Mr. Bryan are wholly different types of men. Bash poe- seaeee a strong individual character, which would certainly assert Itself la the White House. What either of these men would do during a years' term In the W hite He causing a t much aAalety thoughtful Americans aa the matter ef eieottoa alone, * *A a a disturber of moneys the Fbea- Ident le without a rival to tha world Through the agencies under bla «pa­ trol he will this year dlshoree a Mlltoa dollar«, showing tbe great things we are doing to adding to the uaparaUeled list ef the world’s achievecaeata. "In view of the fact that during the fifteen years ef Bryan leadership the States eoutrolled by hla party have decreased from M to 11, the number of Reuatore from 48 to 81, the number of Representatives to Congress frem 220 to 1«4. end to that time the Demo­ cratic party was to ceatrei e f the ground, whereas it te now. as a conse­ quence of bla taacbtagP. « hag «Imply heterogeneous mam of Populistic ale- ruonta, the American people oaa see little prospects of a coastrocHve policy If Mr. Bryan should N et a Queatten e f G ram m ar. Tho green reporter turned to Editor McKelway. "W hich should I say.” he asked hesitatingly, ” *My boy Henry laid an egg on the table!* ” "W ell,” said Editor McKalwAJ Im­ patiently, " If you want something to crow over, and he’s that kind o l A hen­ nery, let him lay it on the table I f be can. Otherwise have him put it there.” Indifferent. “I can’t give you an opinion on that question,” the statesman replied, “be­ cause It’s a