Image provided by: YMCA of Ashland; Ashland, OR
About Southern Oregon miner. (Ashland, Or.) 1935-1946 | View Entire Issue (April 26, 1935)
SOUTHERN OREGON MINER LIVING ON BORROWED CAPITAL By LEONARD Many explanations mt* advanced Poverty I* for our present Ills. ii I n ni • d by n large number of pern O U a. Be en uh <- people lire poor, due to un- e in ploy tn e n t, they do not have money to spend. A luck of buying power slows down Industry. The more unem ploy m e n t we have, the Im» purchasing pow er. A sort of vicious circle! Many believe speculation *»« the chief cause of our present trou ble. Accounts became over-extend ed in the security market. When the Inevitable crash camo these se curities had to lie sold with large losses. In order to procure funds for speculative purposes, homes were mortgaged and loans made be yond any reasonable hope of being repaid. The shrinkage of values In mortgaged property and the forced sale of securities enused our trou bles. Machinery also came In for Its share of the res|M>nslblllty. The machine displaced labor, thus caus ing two serious disturbances; In creased unemployment and creation of more merchandise than could be i consumed, which gave rise to the cry of overproduction. We would venture to ndd another cnusc seldom mentioned. A word of sdvhc offered to a young married couple was. to s|w-nd monthly a lit tle less tlinn Is earned. An necutn illated reserve would thus be created to meet the exigencies of misfor tune. Might the real cause of our Tremendous Trifles [I By ELMO SCOTT WATSON I SHOT OF DESTINY IT WAS about us clumsy and un- TOPNOTCHERS f /. //. f Ity&r/cts Accord 1'50.9. Unofficial Worlds Pètent ôôOy<irds t/L 1'55.9 ¡fastern(inftyrnce.Ptvord Otte flile zn 4. /5/ ¿wanted the ftidat "the budding of mental attitude for ntciif in habits, cottiye spirit, apftiafiion and. sincerity’ r~ Tfr is atso fig Ten (Voss county/ e/tampion, © wnu By ANNE CAMPBELL rr»HE fabric of your friendship 1 never wears, A. BARRETT Nor does It gather dust and pull ills be that more money was spent apart, than earned? The excess of money It falls with tenderness upon the spent was provided for through cares mortgages, loans, purchases on That press, when evening comes, time, etc. In short, we were living upon my heart. on borrowed capital. It Is a shawl to keep my shoulders The president of the United warm States Chamber of Commerce In u When all the world Is cold, and recent address expressed the chill winds blow. thought that what we needed most It Is protection from the winter was recovery und not reform, lx It storm. not a fair question to ask whether And shade In summer from the we can ever have a permanent re hot sun's glow. covery until we first have reform at least n reform In the absurd prac The fabric of your friendship, tice of living on borrowed capital? woven fine To our fathers a debt wax a debt, With all the beauty of your love and a mortgage was dreaded like a ly thought, nightmare. Embroidered In an Infinite design <g). Wsstern Nvwsixvpsr I nlon. By wisdom that your garnered years have taught, Silver Star Decoration Is to my life the same as the blue The Sliver Star ranks next be sky low the Distinguished Service Cross To the tired earth—a background ax a decoration for valor. The that Is sure. Purple llcurt ranks next below the When all these lovely years have Distinguished Service Medal, which drifted by, Is the highest decoration for meri The fabric of your friendship will torious service not Involving per endure. sonal bravery. CoDvrlshl.—WSU Ssrvlcs. * wleldy a weapon ax one could Imagine—that arquebus which Eu ropean soldiers carried In the Sev enteenth century. But no modern machine gun, rut-a tatting out Its swift streum of death, ever nffected American history more than an an cient arquebus, away back In 1009. Filed Value of Goods In that year Samuel de Champlain, Among nt least three quarters of the people of the world, goods founder of Quebec, accompanied n bought and sold seldom have a lived wnr party of Hurons and Algonquin* value. The price paid Is determined against their enemies, the Mohawks only after negotiations between buy of the |r<s|uolx Confederacy. They er and seller. When the parties found them on the shores of the wish to keep the price a secret Ite- beautiful lake which now hears hlx twt-eu themselves, the negotiations name. Champlain saw the Mohawks get are carried on in a finger code un der cover. Prices for rugs In Per ting ready to shoot their arrows. sia ami rubles In Burma are Bet- He leveled Ills aqttebus, which he tied by the two men squeezing each had loaded with four balls, and other's hands benentli a table or a aimed straight at one of the three Mohawk chiefs In the forefront of piece of cloth.—Collier's Weekly. óoo TO HELEN by K et I the enemy's line. As the gun roared, two of them dropped dead and the third was seriously wounded. Champlain could not have real Ized it then, but his was truly a "shot of destiny." For this was the first contact of the Iroquois with the French and their hatred for these white men dated from that day. It made them allies of the English and In the long struggle between Eng lund and France for domination of North America, the old of such war riors. perhaps the most ferocious on the continent, played a decisive purt In favor of Great Britain. • • • "ON TO RICHMOND I" D'ARBY In June, 1861, the editorial column In the New York Trib une declared "THE NATION'S WAR CRY: Forward to Richmond! Forward to Richmond I The Rebel congress must not be allowed to meet there on the 20th of July. By that date the place must be held by the National army.” Composed by Fitz-Henry Warren of the Tribune staff, it was run by order of Charles A. Dana, then man aging editor. But every one be lieved thut Horace Greeley had orig inated IL Day after day It appeared. Soon the whole North had taken up the cry, “On to Richmond!” By July the government could disregard it no longer. Gen. Irvin .McDowell was ordered to advance with his rnw, untrained troops. The result was the battle of Bull Run on July 21 when the Union forces were utterly routed with a loss of nearly 3,000 killed, wounded and missing. The disaster was a terrible blow to the North. Greeley published n signed statement disclaiming re sponsibility for the defeat. But he was blamed for it, nevertheless. His bitter enemy, James Gordon Bennett of the Herald, said that the Tribune editor should be tried for murder because he had sent all those brave young boys to their death. Greeley was so overwhelmed by It all that he was prostrated for six weeks with an attack of brain fever. latter he rose to heights of edito rial Influence perhaps never equaled by any other man. But by many Americans he Is still remembered ns the editor whose slogan precip itated a great disaster to our arms nnd to our pride. t>. Western Newspaper Union. Baltic-White Sea Canal The 150-mile Baltic-White Sea canal, built by Soviet engineers, has 12 locks and 15 dams. Monster Mammal Is Reconsti uctecl Museum Shows Largest Ani mal That Ever Lived. New York.—The largest land mamma) that ever lived was taller than a girafTe—twice ax long ax a full grown elephant — tipped the scales at the combined weight of 100 average men—and needed about 500 pounds of food per day to keep from starving. ft Is the Baluchithérium, a super giant prehistoric rhinoceros that lived In Axla about 25.000,000 years ago when the Gobi desert was a paradise of woods and waters—75,- 000,000 years after the dinosaurs had laid their last eggs and long be fore the coming of man. This Information was made pub lie by the American Museum of Nat ural History and lx based upon data collected over a long period of ex ploration by Dr. Walter Granger and of research by him and Prof. Wllllum K. Gregory of the museum's scientific xtnff. in preparing the restoration of this animal. Doctors Granger anil Gregory studied some 200 Baluchi- Hunter* “Get Best” * of Mountain Lions Sacramento, Calif.—Predatory animal hunters are “getting the best” of mountain lions in Cali fornia. Only 215 lion scalps were turned In for bounty last year, compared with a previous average of 270. Instead of believing hunters were losing their alm. officials of the state fish and game division said here that there was reason to believe that In nearly all parts of the lion country, hunt ers were winning out in their long battle to rid the ranges of the stock killers. “The best evidence Is the In creased percentage of females turned In for bounty," one offi cial said. "I.ast year female Ilona constituted 57 per cent of the kill.” therlum bones which represented about twenty animals of varying sizes. In no case, however, were there enough (tones to make a com plete skeleton. This disappointment wax largely offset by the presence of enough material to furnish an accurate yardstick which, after months of research, provided a pic ture of this xii[x-r beast of the past. The restoration now completed at the museum visualizes an animal that was 17 feet. 9 Inches tall at the shoulders and almost 30 feet long ami weighing In the neighbor hood of 20,000 pounds, that looked like a rhinoceros that lacked the horns of the present-day rhino. It had long legs, a small head, a large neck, and doubtless a tough hide. Its teeth were unusual In that It had two great Incisor teeth In each jaw, which the animal probably used in tearing leaves and branches from bushes, its name, the Baluchi thérium. is derived from the fact that the first fossils were found In Baluchistan. OPINIONS “lie hard headed, but not boiled."—Otto H. Kahn. “Happiness must not be Imposed by force."—Feodor Chaliapin. “True poetry is concerned with things undying."—John Masefield. “Those who win money by chance are likely to develop an unsound philosophy of life.”—John Erskine. “The real lack today Is not so much the ability to trade and cre ate as the desire."—Roger \V. Bab son. "Too much emphasis Is placed to day upon a cold, scientific spirit which la not reverent.”—Cardinal Hayes. “The essence of accomplishment in government lies in that thread bare expression — co-operation.”— Herbert Hoover. WO-LEGS sat on three-legs, *——* With one-leg in his hand; Said Two-legs “Um, this chicken meat An’ sandwich is jus’ grand.” But when the feast was over, And all the meat was gone, , He whistled to his bulldog, < And four-legs got the bone. e'S Find another person who ha* had chicken for dinner Mr down, ou mm L hard- • left c**’