■ i
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T* -
Miss Helen Guyton is sttmlfhy Mew Ta> System to Relieve R
■tnsm eonqga in Portland.
Property Will Be Dieewoed at
Mre. Wes. Young h at the Barnet
Gathertag *■ Portland
Under the auspices of the Pacific
Northwest Real Estate association,
a tax equalization conference will be
held at Portland Friday and Saturday
/ The purpose of the meeting is to
formulate plans for a new tax system
for a us til wet era states, it was said,
relieving real property from its
present heavy burden.
On the first day of the conference
general discussion of the tax problem
will take place, and on the second day
it is proposed to formulate a tax law
to be submitted to the various state
hgislsturfs for adoption.
There is no question but that the
present system of taxation is driving
prospective investors in real estate
a way z3rom the northwest, because
of the extremely high rates and the
high percentage of the burden car
ried by real estate. California has a
system which distributes the load,
and while its per capita tax levy is
higher than that of the northwestern
states real property of the same value
is taxed fifty per cent less.
This is done through a modified
income tax plan which the gross
income of public utility corporation
and the net income of private corpor
ation is taxed 7 per cent, while the
income from intangible property is
taxed at 7 per cent. This money is
used for the state, leaving real prop-
141.12
500.00
133530
26,18135
•68.79
>294.759.7« I
25,09939
5,000.00
>137.72
13,259.34
Is the one that comes in
on this wire.”
Says Eddie, ‘Tm onto
The order quite pronto
With a SERVICE that’s
k
always sure-fire.”
'
SPECIAL
Genuine Cannon *
BATH
TOWEL
Given without extra cost
¡TX
/ K
to each purchaser of Dona
Castile Soap
yggg^JjoníL
mu.wun-'uiGi
CASTI LE
10 cakes for
98c
May & Son, Moro, Ore
»» »«» ’» «riUh,
Total of demand deposita, other ttea bank <**1**^
ject to reserve, Ream 23. 24, 25, 26.................. >93^43 , J
YI mo ate Saviav* Itopmte, subject to reaerve and pay
able on teamstl or subject to notice;
Time certificates of deposit outstanding......... .. ... . .........
Total of time and savings deposit payable on demand or
¿Sjoet to notice, item. 27 and 28........................ >67,318.96
8. Never use irons or toasters to Jimmy Mstthm has to follow
I warm beds in winter. Heating pads ester wagon toe.
ance and economic value of real es
I are made for the purpose and are ab-
tate and has framed a tax system
Member Store United Grocers of Oregon
67318.961 aoiutely safe.
Miss Lillian Schasaen spent
which actually encourages investment
| 9. Have all appliance cords re holidays with her father in his
in that commodity, which is the only
home in Portland, returning the first one that can be bought and sold with
>204,759 ..................................... ..
Total
......................
week in January on account of the out being taken out of the state. Real
STATE OF OREGON, County of Sherman, sa.
highway being blocked.
property cannot be moved to evade
fective cords.
a
L F. E. Fortner, cashier of the above named bank, do solemnly swe
unfair taxation, but unfair taxation
10.
If
the
standard
length
cords
ttet tU above etatemeat is true to the beat of mv knowledge and belief.
The small son of Frank Haynes
will most certainly, as it has up here,
on
lamps,
heaters
and
other
portable
Correct—Attest
T K E. Fortner, Cashier
was taken to a Dalles hospital with
E. O. McCoy, J. W. Hooch, Directors.
appliances are not long enough, doj blood poison on Monday. The trouble prevent the influx of capital for
not clutter up your rooms with ex-1 started with a slight burn on a finger, realty investment and development.
Bubmrlbad and »worn before aw this 9th day of January, 1928.
J/L 8»arry, Notary Public, my comnriasAoa expires March 8, 1938.
Keen interest has been created in
tension cords. „ If they are laid under infecting the arm at the elbow.
the tax conference and business men,
rugs they soon cause worn streaks to
bankers, property owners, legislators,
appear in the nap, thus quickly ruin
Watch, Gock and Jewelry Repairing
educators and taxation experts in all
ing the rugs. Laying them out where
parte of the northwest have signified
they can be seen is safer but trouble
By an Expert Watchmaker
intention of attending the meeting.
some. _ What you need is more wall
With 16 Years Experience in Watch Repairing
or baseboard outlets.
The report of the National Board !
RESOURCES
-
of Fire Underwriters on fire losses
and diseounta, including rediscounts, acceptances or
ALL WORK GUARANTEED FOR ONE YEAR
for the year 1926 amazed the public,
t -r-pbrvgis. sold with sndorsement of ths bank (in-
>136,206.491
Probe
Welcomed
( ¡team ¿mln 29, 86 and 82, If any) .....................
created a stir in industrie» and was
49.14 ,
raft« secured and unsscured.........................................
regarded with concern in fire in
We Buy; Sell or Exchange Watches
govsrnmsnt sscuritiso ownsd, including thorn teown
surance circles, when the largest fire
5,000.00
loss in history was announced.
Turn your old watch in -on a new one
1,600.00
1,627.20
The large staff in the Actuarial
7,018.10
tetate Iteli other than banking bourn
Bureau of the National Board took
F. D. Fisk, Jeweler, Moro, Oregon
9,087.59
omtul limn with federal reeorve bank
one
full year to compile, record, as-
Franklin
T.
Griffith,
president
Cate on tend in vault and duo from other banka,
I the Portland Electric Power com dmijato, elamify and confirm each
gm
COTBOMliSB o O • • o • o • o e • o o e o • e e • • • e n,
Located at Main Street Barber S^pp
I pany, who returned recently from a lorn.
cate and duo from banka, iteme 8, 9, 10
...................... >82,381.42
I trip to New York and other eastern
Of the stupendous fire losses suf
18.00 I centers, declares that a congres-
> «Oota, if any, 13 Liberty Bell Banks.........................
fered
by the nation in 1926, New
Mal....... .................................................. >183,845.36 I sional investigation of power com- York sustained the largest, >58,476,-
pany financing as urged by United 246, Illinois second with >82,558,614,
> 45,009.001 States Senator Walsh, will be wel Pennsylvania third with >82,414,776,
7,000.00 comed by most leaders of the indus I California fourth with >24,979,121,
2,600.001
2,500.00
try, who want to know whether I Massachusetts fifth with >24,260,563
financing and supervision through I snd Texas sixth with >18,814,898.
Lumber
Wood
Mill Feed
The causes of fire known as strictly
holding companies is most economi
Shingles
Coal
Family
Flour
cal and efficient, as is asserted by I preventable, were traced to the fol-
Brick
Cement
Chicken Feed
proponents of that type of manage I lowing sources : defective chimneys
Fire Insurance
Hay and Grain
and
flues
>28,111,618;
fireworks
and
ment. Mr. Griffith has made the fol
Sacks and Twine
Ground
Bone,
Etc
firecrackers
>718,942;
gas,
natural
lowing
statement
:
.bls on demand or subject to notlM:
;
WITH AN
17,856.91
87. Time certificates of deposit outstanding...............................
“Senator Walsh has introduced a and artificial >2,827,858; hot ashes,
EXCELLENT CAST
REMEMBER WE SELL IT!
Total of time and savings deposits payable on demand or
resolution in the senate asking for I coals and open flres >6,851,460; ig-
subject to notice, Items27 end 28....................... >17,356.91
I nition of grease, oil, tar, and asphalt
an
investigation
of
financing
as
car
>Your patronage will always be appreciated
>188,845.85
Total .........................................................................
ried on by holding companiee in >1,880,240; matches and smoking
By The
‘
■TATE OP OBEGON, Countv of Sherman, m
control of much of the electric pro I >30,160,283; open lights >8,142,172;
L 1 W. Searcy, cashier of the above named bank, do sol
I petroleum and its products >14,978,-
belief. ducing industry. It has been con
tended that these companies can 1599; rubbish and Uttar >1,809,136;
THE BUFFALO
THE COVERED WAGON TRAINS
finance more efficiently and cheaper Lparks on roof >14,172,947; steam
Office at Farmer’s State Bank
THE BURNING OF THE VILLAGE
than the individual companies. Sen I and hot water pipes >395,640 ; stoves
THE INDIAN WAR OANCf ANO
Moro, Oregon
MANY OTHER THRILLING SCENES
ator Walsh proposes to And out I and furnaces, boilers and their pipes
AN THE SEASONS MOST UN
Be sure and see the new Calkin’s Combined Seed Treater and
whether this is true, and we of the I >21,9^7,114; electricity >13,788,808;
USUAL PICTURE—
Fanning Mill at either the Farmer’s Elevator and Warehouse or
I explosions >2,566,596; exposure of
industry would also like to know.
at the fair grounds during the fair. , .
“He also is investigating on the I buildings on fire ineluding conflagra
premise that this financing creates a tions >54,074,554; sparks from ma-
WITH ¿VER
monoply. That, too, should be de chinery >8,324,071; incendiarism >2,-
termined beyond all doubt, eepecially 202,492; lightning >18,205,862; mis-
2OOO PEOPLE b
OOGOOGOCCCGOCOfiGOOCeOGCOOOOCOCCCCOOOOOOOOOOOOOOOOOOOO
HORSES
whether the public interest is best Icellaneous known causes >4,191,737;
served by the holding company I sparks from smokstacks and bonfire
theory, Dr otherwise J’-
combustion >6,348,519; spontaneous
combustion >15,498,812; miscellane-
! I
.
'" '
\
I ous unknown causes recorded >202,-
R.
H.
McKean,
Manager,
Wasco,
Oregon
>
Toptoil Roads Practical 369,787—these make up the year’s
total of >561,980,751 which is >12,-
551,898 more than the preceding
The Department of Agriculture year, >611,574,639 more than in 1921,
DEALERS IN
Bureau of Public Roads has been do and >303,602,799 more than in 1916.
One
of
the
big
features
of
“
TRAIL
ing some remarkable work in surface
Lime» Plaster, Cement, Cedar Posts,
DUST' is the big buffalo stam
treatment of topeoil roads.
Builders Supplies, Lumber, Wood,
pede.
The experiments involved the use Big Wheat Shipping Point
twenty
hones,
thousand
Fifteen
Coal
and Hay.'
of bituminous materials. Judging
thousand cattle, three hundred
from Illustrations published showing
The little town of Condon, 40 miles
buffaloee-=«ome of the features
work being done, thorough prepara
MANUFACTURERS -OF
south
from
the
Columbia
river
in
in
“TRAIL DUST.”
tion of roadbed and thorough mixing
of materials are eseential. Tests car Gilliam county, claims to be one of Entire village burned in filming new
101 RANCH special, “TRAIL
ried on warant the conclusion that a the largest primary shipping points
DUST.”
double surface treatment composed for wheat in the world. During the
of a prime coat followed with a bind current shipping season, 760 carloads If you like the Covered Wagon type
of picture, you will be delighted
er coat of heavy bituminous material embracing 1,000,000 bushels, went
out
from
there
and
about
600,000
with
“TRAIL DUST/’
and mineral covering, is a successful
bushels
are
still
in
storage,
while
con
and economical treatment
' soil
typo roads, provided the surface is siderable grain is yet to be hauled
in from tributary farms.
SPECIAL
well supported and bonded.
Surface treatments of well bonded
BY AUTO AND VISIT THE DALLES
MUSICAL SCORE
topeoil roads with light, slow drying
oil which forms a plastic mat, are
likely to prove succeeaful under light
traffic, or for a limited period under
The ordinary U. 8. citizen, taking
CHIEF BIG BOY
•e of
In the concrete, fully equipped, roomy ;
an ordinary pleasure ride, thinks
bonded
-and
-
Walther-Williams Company. Competent
topsoil «
little of putting ten gallons of gas
hoped
surfaces, and
and a couple of quarts of oil in hie
always ready to help you in any way they can
develop a mixing treatment to meet car. Yet thir one ride of one day, HIS MUSICAL REDSKINS
at least expense to you. For any service render
this condition.
costs more than the average house
- WHO WILL
ed the charge will always be reasonable.
Economical waterproof surfaces hold electric bill for a month-
for thousands of miles of country thirty days' service of electricity
ALSO PLAY FOR
roads are essential to modern trans for a whole average family costs
portation methods of farming sec the same as one good auto ride.
A BIG.
tions.
OREGON.
GEO. N. CROSFIELD
The Watch Shop
Wasco
Farmers Elevator & Supply Co.
I Independent Warehouse & Milling Co.
thalli BUICK/oro«^
*1195
JVIILL FEED AÑD FLOUR
WHEN YOU TRAVEL
STORE YOUR CAR
WALTHER-WILLIAMS GARAGE
DISTRIBUTOR FOR SHERMAN COUNTY
WASCO, OREGON
No other form or kind of farm re
lief means so much benefit to the
her teeth sooner than a man. Prob farmer as ability to obtain a sufficient
ably she wears them out with hor supply of common labor when and as
needed,
tongue.
DANCE
AFTER THE SHOW
READ THE. OBSERVER