Sherman County observer., May 22, 1925, Image 1

HERMAN
UNT
Established 1887
FREDERICK C. HICKS
Price Five Cents
May 22, 1925
Moro, Sherman Co
I DEBTORS INFORMED iREFOHlSS IN STATE SUPERVISION OF MgON COTI«
mvuruTO »nr nilC
PAYMENTS_ARE OUE BANKS AS ADVOCATED BY BANKERS FEERS' PROGRAM
LUCILLE ATCiERSON
a
Leaders Declare Farmers Can
U. S. Serves Notice on Nine
Nations Time Has Come
For Settlement
A
By FRANK W. SIMMONDS
American Bankers Association
many states have unexcelled systems of bank
supervision by public authority, in some instances political
A LTHOUGH
I întanglem4nfs have resulted in lax methods and dangerous
Solve Their Own Problem
By Organization.
Des Moines. la —Clothed with power
Washington, D. C.—The American
practices. Public opinion today demands that to "speak with authority for agricul­
government has advised its European
bank supervision be aa free from partisan inter- ture," a commission of 25 farm leaders
debtors that In Its opinion the time
Terence as the judiciary itself.
appointed by representatives of the 24
has come for settlement.
major farm organizations of the middle
State
banking
laws
are
increasing
in
number
In a oommuni cation addressed to
and diversity. Much thought and study has been west issued a staement here outlining
’nine nations, it has expressed an earn­
united program calculated to coordi­
given by the State Bank Division of the American a nate
est desire that the war debt question
the future efforts of the farmer.
Bankers Association to uniformly efficient super­
be brought to a solution without
The commission, headed by William
further delay.
vision. It is on record as urging that the office HIrth ofCstumbia, Mo., declared that
The nation« so notified are France,
of Bank Commissioner be freed from entangling- the "time has come when farm organ­
Italy, Belgium, Roumanla, Greece,
gimm«nda
politics and divorced from all other functions of izations should federate in such a
Czechoslovakia, Jugoslavia, Esthonla state government; that the tenure of office be made more secure manner that agriculture may speak
Practice in All the Courts
and Latvia.
and lasting, with sufficient compensation and discretionary with one voice in congress and else­
of Oregon
The nations addressed made up the power to attract men of outstanding executive ability and where’’ and placed “full responsibility
whole Hat of Important w&r borrow­ successful banking experience, and Only twenty states require actual for continued depression upon the
Main 541
Phon«
ers except for Russia, where there Is that bank examiners be selected from ■banking experience varying from one farmers.”
BANK OP MORO BUILDING
no recognized government to which those having the requisite qualifica­ to 9ve years.
• The statement urged the early créa
Moro
Oregon
Powers of Bank Commissioners
Frederick C. Hicks, former congress­ a notification could be addressed.
tions.
Miss Lucille Atcherson, recently ap­
tlon of an export corporation ade­
In the majority of states, the Bank
man from New York, who was ap­
A careful study and survey of state
France has been informed by Am­
pointed
third secretary of the Amer­
quately
financed
and
administered
by
po I nod by President Coolidge ae alien bassador Herrick that the American bank supervision has been made with Commissioner is given more or less a board of farmers nominated by ican legation at Berne, Switzerland, is
power
to
approve
or
deny
applica
property cuotodlan. (
government would be pleas ;d If a the cooperation of State Bank Com­ tions for charters of state banks recognized farm organizations.
the first woman to enter our diplo­
JWWW^W^**************
French commission would be sent to missioner» and state bankers to bring Clearly this authority should be ex
“
We
are
not
asking
for
a
subsidy
matic service.
out the high lights of successful su­
discuss any funding proposal. Inas­ pervision. and at Lh« same time indi­ ercised chiefly with a view to supply or for special privilege. We are mere­
much as France is now the largest cate remediable weaknesses, as the ing each commup'ty with safe, ade ly asking that congress equalize the
debtor, tills phase of the general debt basis for formulating a model code quate banking facilities. Hence the burdens which rest upon the farmer
move was regarded as not without of law dealing with bank supervision, Importance of carefully weighing ail and from which in his present unor­
DENTIST
some significance. The French debt and also tor developing public opinion factors involved such as the character ganized condition he cannot escape.”
United States Dental Exam­
and responsibility of the organizers
appeared to be the hub about which in favor ot Its general adoption.
The statement also asked recogni­
and
the community’s needs for bank
This
survey
shows
that
in
forty-one
Washington,
D.
C.
—
Dismissal
of
iner for thia district.
a gigantic debt wheel revolved.
ing facilities. In the very nature of tion of the principle that cost of pro­
states
Bank
Commissioners
are
ap
­
complaints against five western lum­
Simultaneously with the disclosure
Wew York. N. Y.—Internal troubles
things no one is >o well qualified to duction plus a reasonable profit is
ber companies has been announced by of the move to develop action on the pointed by the governors and gener* pa«» on charter questions as the Bank necessary to the success of agriculture are proving handicaps to coast guards­
ally hold office “during their pleas-
the federal trade commission.... The part of foreign nations, an expres­ ure.” In two states they are chosen Commissioner. Comments from all and may be obtained through organ- men blockading New York's rum row.
Office at
complaints, naming the Coeur d’Alene sion emanated from official sources by popular election, in others they btatos favor granting the banking de Ixatlon of farmers to regulate and Six members of the coast guard have
MORO, OREGON
Mill company, Coeur d’Alene, Idaho; that the American government could are chosen by a banking board, but partment large if not absolute Juris­ control the marketing of their pro- been court martialed for smuggling
Grande Ronde Lumber company. not permit a distinction between loans in only a few Is the advice of organ­ diction in granting bank charters.
liquor and three for intoxication, it
ducts.
A number of states now confer
Perry, Ore.; McGoldrick Lumber com­ for prosecution of the world war, those ized hanking considered. In Missis­
is admitted.
pany, Spokane, Wash.; Deer Park for post-war relief or unpaid bills on sippi the selection is made by a con­ more or less complete authority on
Officers have refused to discuss the
y^WW*/*/********** '
vention of delegates from the state the state banking department to act
Lumber company, Deer Park, Wash., the sale of surplus supplies.
affair, but It is known that 19 men
as
Receiver
in
liquidating
failed
banks,
chartered banks.
and Shevlln-Hlxon company. Bend,
have been confined for varying per­
usually providing that the Bank Com
Long T«rms Make Bureaucrats
Or., had charged the companies with
iods in the county Jail on Staten Is­
misekmer must file a report with the
— The term of office was found to court for approval. In other states
selling western pine as western white
land, awaiting courtmartlal. Six con­
range from two years to six. The thb court names a receiver and the
pine. The complaints were dismissed
victed 01 smuggling have been sen­
majority of re$bnnaondations favor a Bank Commissioner thereafter has no
Physician and Surgeon
on the ground that before they were
Washington, D. C. — Wide fluctua­ tenced to six months Imprisonment
five-year term, reasoning! that a lung jurisdiction or authority. The almost
served on the respondents the prac­
term of life tenure tended toward unanimous opinion of bankers and tions recently In Chicago wheat mar­ and three got three months each for
tice complained of had been discon­
ket prices were due primarily to heavy Intoxication.
t ¿reaucracy in ofiice, while a short
(hat
Washington, D. C.—A special In­ *< rm was condemned on ^the grounds the' Bank Commissioners
tinued. Commissioners Thompson and
trading of a limited number of pro­
A far greater handicap Is the pros­
Nugent dissented from the dismissals. quiry into the management and finan­ that the Bank Uemmislnïuci would authority should be placed in the fessional speculators. Secretary Jar* pect of a shortage of men In the fleet.
Office and Residence .
cing of the Chicago, Milwaukee & Ft. scat eely have time to become thor- banking department as it permits the dine declared in a review of the de­ Fully 30 per cent, It Is said, will not
Paul railroad, which recently v ns ongaiy conversant with ins field of employment of experienced bapk ad­ partment of agriculture’s investiger re-enlist when their service terminates
Hotel Moro
ministrators in winding up the affairs
Liken» Modern Life to
thrown into receivership, was ordered wC;a beicre the expiration of his of a bank, is more expedient, eco- tlon.
July 1. Conditions on the coast guard
» .
Piecework
in
Factory
by the interstate commerce commis­ u rm 01 tter» ice and the public would n 3m leal and altogether more satisfac-
The
professional
operations,
the
sec
­
ships call for unusually hard work
^wwwwv^**************
lose tbq t.uiis oi his experience. A
“Life is getting more and more like sion.
retary declared, were facilitated to a and few and brief Shore leaves. These
The commission's order said that five jear term la to*, anouga to
piecework in a factory,” saj s Dr. Mary
Chances Needed
considerable degree by the large par­ are sufficient to induce the guardsmen
rendering useful service
uuo ooo nnn o o o nnnnrw oooooooo
Dunning Rose, president of the Wom­ the step was taken upon its own mo­ mit bls
The consensus as to changes need­ ticipation of the public after material to seek other occupations.
h.u
experience
en's Medical siM-iety of the state of tion and that the inquiry would con­ through
and then fi he m luund cupa blu the ed to strengthen the woi k of the stat« advance in prices had occurred In the
New York.-
cern “the history, management, finan­ chances of lui rvjppointuiv-»t would banking departments is summa-ixjd last half of January.
BRIEF GENERAL NEWS
"You push on to see If you can’t do cial and other operations, accounts
in the following recommendations:
Secretary Jardine Is determined to
be ^Rking.
just a little extra alt the Ume. And and practices of the Chicago, Mllwau
1
Provide
adequate
salaries
It was found
duties other than
2 Give Bank Commissioner large dis­ utilize the results of the Investigation
Glenn Frank, editor of Century mag­
there is always that push to do more. kee & St. Paul railroad, In order to bank supervishm <are frequently im­
Physician and Surgeon
cretionary pow.er In granting charters to Institute whatever prosecutions
azine, was elected president of the
“If you drive a motorcar, and many determine the manner and method in posed on the banking department, 'in<l < nfordng bank regulations
‘ 3
Remove th* office from partisan might be justified, but he is concern­
people do, your nerves are shocked
which the business qf said company ranging from Insurance matters to nolitic-i by providing for election or ed more particularly In the develop­ University of Wisconsin.
every time you tske the wheel.
E. H. Fitzgerald of Cincinnati was
irrigation project, and even state nomination of the Commissioners by the
ment of some method by which a relected grand president of the Broth­
“Women need more sleep. Eight to has been conducted with a view to bail insurance. The almost unani­ hauliers
i. _
4
I
Toride
for
a
sumdent
number
or
making
a
report
and
such
order
or
Main 182
ten hours. Some are better off with
mous expression of opinion is that the examiners, with adequate pay. and free repetition of destructive price changes hood of Railway Clerks.
orders as may seem appropriate.”
appointment from polities.
may be obviated. '
twelve.
position of bank commissioner Is a their
An official crop forecast showed
5. Give the Banking Department full
WASCO - OREGON
The St. Paul system, one of the taak of such outstanding Importance luthority
*The fact that so many tn New York
to act as receiver in the case
that Germany’s wheat and rye pfbs-
ed banks.
city eat in restaurants accounts for largest in the country, was voluntar as to demand that he devote all hi« f 6 fai Make
Bank Commissioners terms GEN. MILES DIES SUDDENLY pects are the best in decades.
the fact that our death rate Is lower ily placed in receivership with the an time and attention strictly to prob
7* \take requirements for Rank Com-
Swept by a near-cyclone, Columbia,
OOOQOOOOOOOOOOOOOOOOOOOOC than elsewhere in the state. People
nouncement by the directors that the lems of bank supervision and regula­ mirsloner eligibility not less than five
Mo„
suffered a property loss that esti­
End
Comes
While
Attending
a
Circus
don’t order or eat more than they corporation would be unable to refund tion.
years of successful banking experience
Performance In Washington.
mates Indicated would exceed $100,-
need in a restaurant Operated under or refinance a $48,000,000 bond issue,
Some states impose no statntoiy and well recognised executive ability.
Bank supervision, when wisely and
the board of health, public places which falls due In June.
qualifications whatever for Eat.k
Washington, D. C.—General Nelson 000.
All nations of the world were call­
must have fresh, good food, not the
Commissioner. A «timber merely re­ impartially administered, is capable A. Mlles, veteran of the Civil war and
spoiled products they sold 20 years
quire that he hare uoailnal qualified of rendering one of the highest types famous Indian fighter, dropped dead ed upon to outlaw war in resolutions
ago.”
CABINET SUPPORTS PLAN tlcns, in many eases purely negative. | of service a state can give its people here.. He was 86 years old.
adopted at the closing session of the
Optometrist
Doctor Rose recommends her own
General Mlles was occupying a re­ Associated Advertising Clubs of the
profession as a particularly satisfying Active Negotiations on War Debta
Easy Way to “Tun^ In",
It ltn9t Don«
Specilist in the examining of
served seat at a circus here when he World convention In Houston. Texas.
one for her own sex, since It demands
May Begin Soon.
With the left hand grasp firmly a suddenly fell forward on the heads
Tn a team rnce at a recent London
The federal pure food law officials
eyes and fitting of glasses.
qualifications usually found in wom­
Paris.—The cabinet approved the swimming contest, the representatives dial. -With the right hand grasp firm­ of those sitting in front of him
are giving special attention to Inter­
Lens grinding shop in
en, patience, sympathy and attention
of a certain government offlee club ly another dial. Count three and then
connection.
Bfrn in Westminster, Mass., in 1835, state shipments of butter to determine
to detail—qualifications which will suggestion madetiy both Finance Min­ were disqualified for “starting before spin both dials, nt the some time
ister
Caillaux
and
Foreign
Minister
Harvard, whether they are short weight or con­
Upstairs across from the
educated
Miles
not be wasted in such a career.
time.” When told about it the head turning nil the switches and knobs in
tain less than the 80 per cent butter
Briand
that
the
way
be
prepared
for
"We need more doctors,’’ continued
Edw. C. Pease Co. store
of the department remarked: “Well, I view. If nothing happens try again. Brown and Colgate, and first entered
Doctor Rose. “All those I know are a settlement of French war debts and am surprised. I should never have On the third trial the desired station the military service in 1861 as a first fat required by the legal standard.
Room 10, Vogt Bldg.
busy. Of course, it takes years of directed these two ministers to study thought any man In this offlee capable may resound loudly In your ears. Try lieutenant In the 22d Massachusetts
preparation, and a business career the question with a view to Institu of such a thing.’’-—New York Mall.
Higher Educational Dispute Argued.
The Dalles, Ore.
infantry.
It!—Chicago Blade.
seems to bring results more quickly.” ting early negotiations.
Portland, Or.—Members of the state
He became a lieutenant colonel of
—Margery Rex, I d the New York
board
of higher curricula, which met
Active negotiations, it was said at
the New York Infantry in 1862, a brig-
. i the Quay D’Orsay, probably will begin
II || I l »l II Ill i 11 Uli 1 1 HH Journal.
adfer-general in 1864, a major-general here Monday to hear faculty members
within 15 days, but it was thought at
In 1865. He served as a brigadier­ of the University of Oregon and Ore­
PROSPECTS GOOD the ministry of finance that this opln
general and major general In cam­ gon Agricultural college present num­
i WHEAT
Ion was too optimistic because France
paigns against the Indians In the west, erous alleged grievances against sister
Crop Better th.n 10-Ye«r Average can make a definite proposal for a
notably against Sitting Bull, Crazy institutions, adjourned to study the
Predicted by Agriculture Dept.
settlement only after the budget la
Horse, Chief Joseph, Geronimo and many lengthy arguments of the speak­
' Eyesight ‘Specialists
ers, the 56 page brief of the university.
Washington, D. C.—Wheat areas In voted for 1925. By the budget vote it
Natchez.
Manufacturing Opticians
J
15 European countries, other than will be seen whether the French par
the 212 page brief of the college, and
During
the
Spanish
war
he
was
the
Eyes Examined Glasses Fitted •
Russia, were reported by the depart­ liament approves Caillaux’ plan to
senior American officer in command numerous pages ot assorted docu-
• ,2: Exclusively Optical
ment of agriculture as being slightly take the receipts under the Dawes
of troops, retiring from the army in ments, reports and statements sub-
Complete Lens Manufacturing
larger than last year. Indications are plan out of the regular state revenue
mitted. Differences between the two
1903 as a lieutenant general.
, Plant in Connection
schools arose over alleged duplications
that the yield wll be above the 10-year account and use them In part Tor debt
OREGON
THE DALLES
of courses In commerce. Journalism,
settlement and in part for the comply
average.
Bishop of Olympia Consecrated.
15-16 Vogt Block.
Growing conditions In most coun­ tion of ^construction work In the de
San Antonio, Texas.—Rev Simeon music, education, physical education
IIH I HHIIII I IIH- I IIIIH tries were reported better than last vastated areas of the north of France.
Huston
was consecrated and arts and sciences.
Arthur
year.
In Canada conditions were
bishop of the diocese of Olympia,
♦ I >1 1 1 H'l 111 11 H 11 1 » I »<♦<■■» represented as especially good, but Bulgaria's Plight Gets Worse Daily.
Wash., In the presence of seven Epis- State Control of Federal Lands Urged.
Salem, Or.—Governor Pierce, in a
estimates for India and th® United
London. —• Bulgaria’s troubles are
Copal bishops here. Bishop Huston
letter,
has signified his intention of
States
indicated
a
combined
reduction
continuing, dispatches reaching Lon­
has been rector of St. Mark Episcopal
JAMES STEWART
joining with George W. P. Hunt, gov­
of 190,COO,000 bushels. India is not ex­ don reporting further unrest, with
church
here
for
four
years,
coming
. SHERMAN COUNTY
pected to have an exportable surplus bands of raiders pillaging villages in
here from Baltimore, Md. He will ernor of Arizona, in requesting that
al! public lands, against which no en­
STOCK AND BRAND
and present conditions - indicate the the central part of the country. The
leave May 23 for bls new post.
try has been filed, be turned over to
United States will be on a domestic activities are said to be for political
INSPECTOR
price basis for the greater part, If not motives and the government’s action
Shephard’s Trial Opens in Chicago. the states for their disposal and bene­
Moro - - Oregon
all the season.
Chicago. —v William Darling Shep­ fit. Governor Hunt suggested in a
In sending a large number of troops
herd was placed on trial for his life letter received by the Oregon execu­
to cope with them Is taken here to In­
; ; DEPUTIES: L. Schadewits, Kent, .. Darrow and Malone Would Pefend. dicate that they have further glmq
before Judge Thomas J. Lynch Mon­ tive that these lands, ^pon being re­
day on a charge of murdering his turned to the states, be used far main­
‘ ’ Oregon; Dr. Joe. Saunders, Moro, ’ j
New York. — Clarence Darrow of than robbery.
’ I Ore.; W. H. Mever, Wasco, Ore. ’ ’ Chicago, and Dudley Field Malone of
foster son, William Nelson McClin­ taining schools, highways, state build­
tock,
to obtain his fortune, estimated ings and public institutions.
Haney
Stays
on
Shipping
Board.
New York, telegraphed Judge John
’ till IIH”’1* MMMsaaaaa, .
at more than >1,000,000.
Washington, D. C.—President Cool­
Randolph Neal of Knoxville, Tenn.,
Ex-Senator Squire Is 87 Years Old.
proffering their services as defense idge has definitely decided to reap­
Seattle, Wash.—Watson C. Squire,
Preaidant Reject. Difinw Day Plan.
counsel for Professor Scopes who Is point Bert E. Haney of Portland, Or,
governor of Washington territory from
Washington,
D.
C.
—
President
Cool-
I
as
a
member
of
the
shipping
board.
to be tried fort teaching evolution tn
idge has, definitely decided to reject 1884 to 1887, and United States sen­
violation of the Tennessee law. The
from this state from 1889 to 1897,
the war department’s recommend.- ator
।
Senator Spencer of Missouri Dies.
action was prompted, Mr. Malone said,
STOCK & WHEAT
celebrated the 87th aniversary of his
tlon
for
a
national
defense
test
on
J
Washington,
Î>.
C.
—
Senator
Selden
by the offer of William Jennings
bjrth at his home h^re Monday. ‘
P. Spencer of Missouri died St Walter
Armistice day.
Bryan to aid the prosecution
Reed general hospital. Death was due
Germany to Keep Up Dawks Plan.
FOR SALE
German Railways to Lay Off 30,000.
to a blood clot on the brain.
Reichstag Raises Hindenburg's Pay.
Berlin. — Foreign Minister Strsee-
Pointing out that forgeriea cause losses of SlOO.OQO.OOO a. y*ar'
Berlin.—As a measure of economy,
mann announced to the reichst ag t£at
Berlin.—The ways and n^eans com H. Rider Haggard, Novelist, Is Dead American Banker. Association has issued a warping against
the
German
railway
administration
an
­
HURLBURT
Snatchers” They pick discarded..deposit shr» out of bank wastebaskets to nounces that 30,000 employa« wiU the German government will con-
mlttee of the relchstag accepted a mo­
London.—Sir H. Rider Haggard, dis copy
depositor.’ ¿¿.turcs on fake checks. “Be careful of »our -ignature.
tion to raise the annual salary and ex­ tinguished British nuvsllK, died at Ui
soon be dlamiueC
— r. * lUM to carry cut ths Dawes pUa. p
sayz the association.—A'«ws item.
pense acount of the president from a ige or 8».
Or«fOB
.
_............. *
total of 108,000 fold mark« to 180 oon
IKA M. PETERSON
Dr J. R. Morgan
Dr. M. F. Froyd
LUMBER FIRMS
ESCAPE TRIALS
INTERNAL TROUBLES
HAMPER COAST GUARD
SPECULATION BLAMED
FOR PRICE CHANGES
INQUIRY IS ORDERED
INTO C. M, & ST. P.
Dr W. N. Morse
Dr. Penn C. Crum
GNATURESNATCHER
i-
De Larhue
Optical Co.
RANCHES