•BEAVERTON ENTERPRISE, Boa verton, Oregon Put 3 Friday, July 13, 1945 Five million new garments have this, that a man lay down his life by tae American for his friends. Yes. to die for a been distributed ffiend is proof o f true love. And Red Cross in western Europe since This clothing was not so many hours after Christ had last September.. spoken these words, he laid down provided at the request o f the A l IL B . J K T m i KH, P ub lish er His life fo r us. So He proved His lied armies from Red Cross supplies love—The Just for the unjust, dying produced by volunteers in the United Published Friday or each weak by the Pioneer Publishing Co . at Beaverton, States. It supplements the relief fo r our sins. Oregon Entered as aacond-aUaa matter at the pastoftflce at Beaverton, Ore. Listen —Someone knocking at the program of the A rm y and the civil A fter near thirty years of mar door. Hear H im Behold, I stand at authorities. .«LOO Subacription Payable in Advance. One Tear ried life, she turned to him one day ! the door and knock. I f any man For Stove and Diesel Oil Call Hai ry with—When I married you I gave hear My voice and open the door, I Beaverton Office- Enterprise Bldg., Phone verton 2321 Phone Beaverto*. 3231. tf A11 the will come in and sup with him and Barnes. Phone ATT water 6591 , you all the love I had. Portland Office- »08 Panama Bldg., 3rd and Alder And who is H e w ait ! love she had and how much is that? j he with Me. H e is none other than Am erican women are pretty. But j We men folks can answer, for when ing there? our little world comes crashing •the eternal God who became man Russian women are really beautiful. He came to — H arry Hopkins in Moscow. j down, these faithful wives stand by j and dwelt among us. seek and to save that which was j and prove their love. A fte r H e died fo r our sins W ould be glad o f a line as to what And beyond our human love is lost. He you think o f these messages paid fo r that greatest of all love-----Wide, He ascended back to glory. Wide as the ocean—High as the ! would win you to H im self and on by a Seattle businessman. heavens above— Deep, deep as the | you spend His love through time and dence for their present forecasts. deepest sea, is my Savior’s love. j all eternity. The pessimists point to the big break So we ask How great is Love? Our O Happy Day that fixed my choice | which occurred in the early 20's; Lord Himself gives the answer. Said I on Thee my Saviour and my God. 3101 SW McChesney Rd. Portland. Oregon while the optomists refer to the con- j He—Greater love hath no man than RPAVHwm ^ m ffiPRiSE ¡How Creai Is Love? OUTSMARTED A man bought several dozen boxes of cigars and had them insured against fire. When he had smoked them, he put in a claim against the insurance company that they had been destroyed by fire. The com pany refused to pay, the man sued. The judge ruled that the company had given the man a policy protect ing against fire, and must pay. As soon as the man accepted the money, the company had him arrested on a charge of arson.—Sunshine Magazine. For Stove and Diesel Oil Call Harry Barnes. Phone Beaverton 3231. tf I have often wondered just where the dividing line between “ social re form” and actual treason should be properly drawn. While shopping In Beaverton stop in at the Oreyhound Coffee Shop for Lunch. tinuous bull market which existed from 1923 to 1929 when the Dow- Jones Average went up from 86 to 386 I insist that we are living in an absolutely different world than ex In accordance with the provisions of the “ Local Budget L a w ” (S ection s 110-1201 to 110-1215, O. C. L. A., as amended), notice is hereby given isted in the latter years of World that the budget committee of Beaverton, Oregon, in com pliance with said law, prepared and adopted on May 29, 1945, the budget estimates for City W ar I. Certainly this country is of Beaverton, Oregon, for the ensuing fiscal year July 1, 1945, to June 30, 1946, as set forth in the accom panying schedules. All persons are here In an entirely different position with by notified that on Monday, the 30th day o f July, 1945, at 8 p. m., in the C ity H all. Beaverton, Oregon, said budget estim ates may be discussed with absolutely different conditions ex- the City Council, the levying board for City of Beaverton, Oregon, and any person subject to the proposed tax levy or tax levies w ill be heard in tsting^ Both the pessimists and op- favor of or a(?ajn8t 8aid proposed taxy levy or tax levies or any part thereof. tomtst8 should agree to this if they The outstanding indebtedness of City of B eaverton, Oregon, at A pril 30, 1945, was as fo llo w s: have any sense of proportions. In ] fact, the pessimists can compare N A T U R E OF O B L I G A T I O N NATU R E OF O B L IG A T IO N AMOUNT AMOUNT our present huge national debt today • R efu n din g W ater Bonds— »23,500.00* with the comparatively small nation-1 R efu n din g Im provem en t Bonds— Series 1939 ............. Series 1940 ........................................................ 2,000.00* al debt existing in 1919. On the G eneral O bligation Bonds— Series 1 9 4 2 ........................ Sinking Funds on hand are su fficien t to retire bonds m arked ( * ) other hand, the optimists can prove that following World War II the United States will be the strongest, richest and most productive nation in the world. Furthermore, our country, for some years, will be free from competition from Germany, Actual for Actual for Actutl lor Japan and other previous competi Fiscal Year Fitctl Yetr Actutl Fiscal Year tors. July 1. 1944 July 1.1942 July I, 1943 Jan 1. ¡942 Budget Monetary Situation Budget to to to to F U N D A N D C L A S S IF IC A T IO N 1945-44 1944-45 April JO. 1945 June 30. 1944 June JO. 194J June 30. 1942 Mind you, I am not talking about what will happen after say 1950. Some » 3,110.34 » 2,200.00 Licenses and Fees ........ » 380.25 » 1,980.00 62.28 » 3.100.00 day the whole world must pay for » 1,716.90 1,100.00 1,080.00 Sundry Incom e ............. 337.94 934.50 1.230.00 the sins of the past decade. Only a spiritual awakening can prevent it. 9 9 4,827.24 $ 3,300.00 9 1,814.75 9 8,000.00 400.22 T o ta l Estim ated Receipts .................... ........... 9 »,880.00 Then there again will be unemploy Estim ated Cash B a la n ce........................ ........... » 4.445.00 ment, business failures and real es tate readjustments. Russia, China fi 77X a n T o ta l Receipts and Cash and certain other countries with cheap labor will then take world markets away from us. The Eng lish-speaking countries may then Debt Service: be threatened with a semi-Commun- » 3,274.34 » 2,941.08 » 3.475.18 » 3,676.69 Princip al on Im provem en t B on d s............................ $ 1 3.300.00 ism of some kind. Between now 843.62 761.75 885.08 1,023.21 618.81 In terest on Im provem en t B o n d s .............................. 700.00 and when such a time comes, how 1,561.36 1,813.70 1.100.00 1,176.26 Principal on General O bligation B o n d s ................. ever, I expect to see much higher 81.55 102.87 62.96 54.64 Interest on General O bligation B o n d s .................... stock prices. With nearly »30,000,000,- 3,803.15 9 0,248.42 9 6,255.51 9 0,144.88 5,210.80 9 9 Total Debt Service $ 700.00 000 in pockets and cash drawers, with only a very limited supply of Other Than Debt Service: securities to purchase, stock prices 360.00 » 800.00 $ 928.94 » 750.00 900.00 R ecorder-T reasu rer ............................ » » 1 , 20 0. 0 0 must sell higher. 180.00 89.82 179.82 150.00 180.00 Superintendent ..................................... 180.00 It Is true that the Dow-Jones In 60.00 227.50 240.00 135.00 150.00 A tto rn ey and L eg a l E x p e n s e ............. 400.00 dustrial Average which was 42 In 136.00 90.00 45.00 180.00 180.00 A u d itor .................................................. 200.00 1932 now stands at around 168; but 173.90 169.58 210.40 231.84 220.00 C ity H all O p e r a tio n .............................. 350.00 remember that It went up to 386 in 46.41 118.59 162.36 53.77 150.00 C ity Shops O p e r a tio n ............................ 150.00 1929 and could as well sell again at 82.65 134.37 135.89 59.07 120.00 Stationery and O ffice E x p e n s e ........... 150.00 that former high. Before selling 24.80 31.75 34.65 40.00 Elections ................................................. 50.00 any lndustrial-tnflation-proof stocks, 380.72 2,280.27 3,614.16 2,461.74 3,000.00 P o lice Departm ent .............................. . 4.225.00 take time to compare their present 549.06 733.69 946.45 940.84 600.00 F ire D e p a r tm e n t .................................... 700.00 prices with the highs of 1929. This 585.74 1,088.46 1,171.62 863.13 1.000.00 S treet Ligh ts . ....................................... 1 . 200.00 Is very important when combined 14.97 122.34 105.21 129.52 650.00 Parks ...................................................... 660.00 with a study of how prices compare 2,782.70 100.00 2.500.00 D rainage and Sewers (S in k in g Fu n d) on a "times earnings" basis. 4,000.00 N otice of 1 9 4 5 -4 6 Budget M eeting Are Stocks Too High? General Fund Babson Criticizes Pessimists RECEIPTS Babson Park, Mass., July 13—Cer tain well-known investment couneel- lora for some months been very bearish. They believe that stocks are too high and that It is a mistake to invest money in stocks at the present time. I assume that they also mean that those having stocks should immediately sell them. Of course if these men stick long enough to their bearish attitude, they will eventually prove them selves to be "right"; but this may take some years. In the meantime, while they have constantly been bearish, stocks have constantly gone up In price. Inflation or Deflation? I also find men of experience who believe that after the W ar our coun try will be headed for deflation rather than inflation.; They look for lower commodity prices, reduced wages, lower rents and other fea tures of a deflationary movement. Here again these pessimists will some time be rewarded if they stick to it long enough; but I believe they are absolutely wrong so far as con cerns the immediate postwar per iod of perhaps some years duration. Of course, there will be periodic breaks in the present bull market. A "Communistic scare" may occur at any time. When the profes sional stock operators In New York have sold their holdings they al ways dig up some pessimistic news to try to break the market In order to again pick up cheap stocks. On the other hand, I believe that any such breaks in the market would be temporary. It now looks as if the pres ent bull market may run two or three years more. Conditions Different Today Both the pessimists and the opti mists refer to World W ar I and what followed World W ar I as evl- EXPENDITURES 150.00 MAR. " 600.00 350.00 451.24 JUNE JULY L ib ra ry .................................................. M iscellaneous ......................................... E m ergency F u n d ..................................... 9 8,050.00 9 8.577.47 910,080.28 91 1.001.21 T o ta l Other Than Debt S e rv ic e ................... 915,288.50 9» 1.832.08 910,288.01 $10,307.08 T otal K xpenditn r e s ................................ $15.088.50 Estimated Receipts and * 4 700.00 500.00 628.50 918,204.03 Axailahle < ash B a ia n e «. . . 9 8,775.00 Road Fund While shipping eat at the Grey- at the Oreyhound Coffee Shop. RECEIPTS Actual for Fiscal Year Jan I. 1942 to June 30. 1942 AUG. «T A I MRS B 477.53 485.45 277.22 For Stove and Dteael Oil Call Harry Barnes. Phone Beaverton 3231. tf 1 MAY APR. 500.00 402.00 229.35 502.09 350.16 1,112.19 129.13 The Japanese radio has announced 236.05 that food rations in Japan will be cut 10% this week. They suggest 9 8,225.45 that a suitable meal could be made 7.1 18.00 of pulverised dried fishheads and 9 bone and withered leaves of vege tables Sounds good! ! FOOD RATION'STAMPS GOOD FEB. .1 Actual for Fiscal Year July 1. 1942 to June 30. 1943 Actutl lor Fitctl Yttr July 1. 194 J to June JO. 1944 Actutl July 1. 1944 to April JO. 1945 Budget 1944-45 » 2,262.86 » 3,018.70 » 707.38 1.444.86 » 4,373.96 1,470.43 » 9 2,202.85 9 3,018.70 9 2,152.24 9 5,8-4 4.30 9 8,002.30 2,547.53 1,444.86 Budget 1945-44 F U N D A N D C L A S S IF IC A T IO N W ashington County ................................ State Gas Tax F u n d ............................ 2,527.20 1.472.80 T otal Estim ated R e c e ip t s ...................... .......... Estim ated Cash B a la n ce...................... I ------- 9 4,000.00 1.290.00 T o ta l Receipts ami Cash Balance. THRU.JUNC 5,200.00 EXPENDITURES THRU JUNE 90 9 30.00 60.00 149.70 153.62 162.40 173.71 ........ ........ ........ 9 720.88 9 3,015.00 9 3.0 »3.58 THRU JULY 3 11 FROM MAY I TH RU AUG 31 wt » 60.00 120.00 389.70 25.70 303.23 2,116.37 » 60.00 120.00 420.00 18.75 432.51 1.992.32 » 50.00 100.00 350.00 161.15 435.21 2,252.48 1.047.05 33.32 9 4.420.21 » ........... O ffice Rent .................................... Shop Rent .................................. Superintendent's Salarv ............................ Insurance ......................................... Street C le a n in g .................................. Street Repairs and M ain tenan ce................. G rader and E q u ip m e n t............. B attery C h arger ............................................. 9 3.002.80 T o ta l E x p e n d itu r e s ................................... Estim ated Receipts anti A va ila b le Cash Balance «ta m p « becom e good in June j 9 5.200.00 . . 9 5.200.00 W ater Fund ■ STi a * RECEIPTS THRU JUNE < A c u iti lo t F itc tl Y ttr A c u iti lor F it e t i Y ttr J u l y I. 1*42 to ]tn 1. 1*42 to Juno JO. 1*42 THRU JUNE 30 T U V W X 2 d d d ? THRU JULY 31 June JO. 1*4J A c tu tl for F it c t l Y t t r to A c tu tl J u ly 1 . 1*44 to A p ril JO. I 94 S »15.81S.96 July I. I94J June JO. 1*44 6.960.OS 21 04 48 4 56 115.340.76 20.77 373.00 »17.559 91 9 7. »«5 .0 7 9 15.73 ».52 910,208.11 1.733.60 653.30 3.000 00 496 76 3.500.00 925 29 3.500.00 837.81 4.000.00 635.40 9 8. »00.70 9 4,425.20 9 4.337.91 9 4,035.40 » f 4.119.50 1.334.00 167.13 624.79 111.92 14.13 180 00 120 00 »7 00 83 49 53 83 2.0 3 «.«3 » 4.024.99 1,858 13 320 00 1.374.1« 163.29 14 50 180.00 120 00 81.00 «7.07 11120 2.163 «2 » 3.969 S3 1,942.73 191.51 1.651 33 316.00 1 55 150.00 100 00 109 00 16.91 165 23 1.99« 93 « PMNtil II 9ltt.205.90 910.48800 4. rtSO.tV) 3 .0 8 » .8 » 1 4.HH4Ì BQ 14.173.71 STA M PS in »»* C U ß Tum CM A ß T T HAVTU a I . 1 ,T»"»L .*u a T ?JL .1 roß F U T V ß t ß C ß W ß C ß C f I ■ SEPTIC TANKS *4C o n c r • t • ,, Portland Concrete Pipe and Products Co. M il SW Macadam Ave., Portland, 1. Oregon 1.454 37 520 91 45 «5 681.60 57.60 22 90 90.00 60 00 64 00 34 81 36.47 ^ 3 7. J 7 9 8.005 28 SEE YO UR B U ILD IN G M A T E R IA L DEALER AT. 8384 .............................. ■ 502 5 « 97o.2rt2.50 EXPENDITURES I JUNE 2 700.00 T o ta l Estim ated Roeelpts I s tim a te d f a s h Balance THRU AUG 31 th ru Sundry Income Total Receipts and ( ash B a la n c e .................................. •tom pe becom e good in Juno SU9A*| Budget 1945 44 F U N D A N D C L A S S IF IC A T IO N 1*44-45 3 l » l . » 7 2 211 FROM MAY I I B udget __ 1.577 Irt 5 ATI • » • W.itati 20 0.213.19 913.038 »2 * HI 224.20 918.900.1 1 Debt S ervice: Princip al on Refunding W ater B o n d s .................... Interest on Refunding W a ter B o n d s ................... In terest on 55 ater Bonds— Series 1845 ................. Total Debt Service............................. » 4 ooo 00 662.50 300 00 g 4.002 5« Other Than Debt Service: Salaries and W a g e s .................... P o ^ c r ................................................. * .................. Stationery and O ffice S u p p lies........ ! ! ! ! ! ! ! ! ! ’ " . 5 000 00 * , 250 00 Maintenance Expense Truck Lxpeni«e .................................... General Expense . . . . O ffic e Rent ............................ ................ shop R e n t ................................ ! ! . ! ! ! ! ! ................. A u d itin g ............................ ! ! ! . ! ! ! ! ! ! ! ! ! ............. A llow an ce fo r Bad A c c o u n t s ................. Insurance ................................ Depreciation ...................... 1,200 09 250.00 1 I \ (»• n - n 250 on 100.00 180.00 120.00 110 00 20 00 160.00 2.600 0O 9l2.24rt.tHi I \i. n iio n s and Bettet nt« n t« 2.000. rttt T ota l O th e r Than D ebt «ie ri ice 914.S4Q.Ot» ____ Total Expenditure« . . *1 9 .2 0 8 .5 « ».«timated Receipt» and A va ila b le Caah B alan ce . . 9 19.20 9 80 T 7 a A