The Springfield news. (Springfield, Lane County, Or.) 1916-2006, March 21, 1919, Page PAGE 2, Image 2

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    THE SPRINGFIELD NEWS
Kill DAY, MAIIOH 21, Iflio,
T&SpriDgfieldNews
Published every Thursday by the
JLano County Publishing ASBodatlon.
chocked up to tho now rovenuo law,
$1,000,000,000 to War Savings Certi
ficate sales and a round $6,000,000,000
will have, to bo .raised by a Fifth
"Victory" Loan.
Dut that Is not tho end ot tho ques
tion of financing. It takes money to
pay Interest on bonds, and It !s Inter
estlngto note that tho administration
leaders .who are responsible are figur
Ing on oji annual expenditure ot $4,
000.000.000 from now' on. Chairman
por 'Kltchln expects our uonueu inuouteu-
Dltplay Column Inch ncas to rise to $30,000,000,000 by July
uno umo -c , 1920. on which tho Interest charco
.. . . .
ROBERT A.'BRODIE, Editor and Mgr.
SUBSCRIPTION RATES
(Payablo in advance)
One year $1.50
Blx months .76
fTh'rce m&ntha ... .go
ADVERTISING RATES
Each' subsequent insortton 20c
By tho month, each Insertion.- 15c
.Readers
' Each insertion, per line 05c
' ' "ifl XTY-Fl FT H CONGRESS DEAD.
The Sixty-fifth Congress is. dead.
.Ijeace to Hb ashes. There may be somo
dispute about its soul, tor It died in
a Jangle of filibustering r.nd unpassed
bills, ot day and night discussions of
the League ot Nations, of bills to
raise money by the billions, and of
bills to spend money by the billions,
' of pleas for economy and exhortations
to extravagance.
Even now no one knows Just where
' the poor treasury of tho United States
Is to get off. Even new bond issues
. -will have a difficult time in piling up
'.' 'funds as fast as the Congressional ex
penditures for war and peace pur
poses would drain them out of the
treasury.
One thing" Is certain. The chief duty
of the special session whenever Mr.
"Wilson calls It will be to raise money
to .keep the Government in operation.
For money must be raised By the bil
- keep 'he treasury afloat. And
tjElSjds where the Interest of the Pro
, .J&cUbnlst majority rIn the new Con
egress will develop Into action; for it
is a foregone conclusion that no rev-
-ehue bill In, the new Congress will
be presented that does not contain an
- adequate inclusion of the old Protec-
Ive Tariff policy. There were prom
ises enough of this in' the events of
the old Congress. Many a time, even
. the Democrats would have been glad
if they could have cut loose from
their party platform long enough to
help raise governmental funds by a
good stiff customs duty.
Revenue bills are not so easily mado
as it looks from the outside. Th's was
demonstrated with some dramatic ef
fect by the eleventh hour effort of the
Dempcratlc majority in the House of
' Representatives to take the luxury
,' ' taxes out of the newest war revenue
1. m 00 i 1 1 1. i .1 !
by the President That was an !nter
.esting spectacle. For even while the
measure was In conference the pro
ponents of the luxury taxes realizo't
that they had made a grievous mis
take and that the levy of these taxes
would cause so much trouble to col
lect and so much complaint from tho
people who had to pay them, that the
party In power would lay up a lot
of trouble against election day- At the
same time they constituted a serious
handicap to general business. So the
statesmen who were tinkering on the
revenue bill In the conference com
mittee agreed that something ought
to be done. However, there was noth
ing they could do. The rules that gov
erned their task were such that they
bad to leave' the luxury taxes In tho
' measure, and trust to luck to get them
out afterwards.
The' luxury taxes complained of,
'however, represent an annual pros
pective income of about $140,000,000
: bo. that their disappearance would add
another Incentive to speedy Tariff re
vision upward; for these deficits must
"bo covered, and It would be hard to
find a customs duty whose collection
would causo half tho trouble or one
tenth the annoyance that the luxury
, taxes promised,
If this is not enough there will be
plenty of reason in the almost cer
tain deficit under tho new revenue bill
Itself. The treasury estimates put Its
, receipts for the fiscal year ending
June 30, 1919, at $0,077,200,000, includ.
Ing the luxury taxes. But there are
plenty of other good guessers who in-
, nist that the treasury experts have
figured too high, and tlit they havo
taken no account of tho. slump In rev
enues which will arise from the very
operation of some features of the law
Itself, because of ito restrictive chocks
on business In general, and becauso
of tho rovenuo situation attendant
upon Prohibition and the extension of
" "bone dry" territory.
' Vot there is every prospect that tho
' expenditures for the current fiscal
'year will run to $20,000,000,000 of
which $7,000,000,000 Is covered by last
ntono will amount to $1,275,000,000.
To this ho adds $1,000 000,000 for our
future army and navy, expenses.
000.000,000 for pensions and Insur
ance, and at ienst $1,000,000,000 for
ordinary governmental expenses.
How ho Is going to raise that with
out a substantial Protective Tariff
that will' help-to fill tho itreasury and
nt the same time keep our industries
n'lvo so they can pay taxes, ho has
not told, nut as he Is to bo succeeded
by a Protectionist chairman ot tho
Ways and Moans Commlttco In tho
new House. It becomes relatively less
important
WOMEN URGED
TO HEP SAVE
U. S. INTEGRITY
By Mrs. Sarah A. Evans, State Chair
man, Woman' Liberty Loan
Committee of Oregon
"This Is to be the last Liberty
Loan!"
These words we send to you. still
.thrilling with tho Joy that was ours
when they came to us: not for the
promlsb of work curtailed; not for the
lining of n financial' burden from
weighted shoulders, but for their re
sounding cry of victory, heralding a
thanksgiving call to all the nations of
the earth.
tlx months ago we urged you to
dedicate your services and your money
to the usb ot the government thnt vic
tory might bo ours. Tho magnificent
response from the women of Oregon,
and other states, by their consecrated
loyalty and generous support played no
small part In brlnglng"Joy to the world
on, tho eleventh of last November. Our
money, lavishly loaned and used, was
the dynamic force that prostrated the
German barbarians, and stopped tho
slaughter of our ' splendid manhood.
The magnitude Of our preparations
struck Terror to the enemy, for It Ira
plied the obligation America had taken
upon herself, and her grim determina
tion to see it through to a glorious
finish.
Your
Furniture Needs
You tiro going to need n few pieces of FURNI
TURE and u RUQ or two this spring to brighten
up your homo or replace, tho old ono und you
will tlud n big assortment HERE both In furni
ture and rugs to select from. Wo wnnt your
business. and will glvo you tho best possible- ser
vice at 'all Utiles and a DOLLAR'S WORTH OF
GOODS FOR EVERY DOLLAR Sl'KNT WITH
US. Come In and let ub figure with you whother
you want one pleco or a complete outfit. "Wo
can SAVE YOU MONEY."
Brauer & Conley
Cor. Ninth and Oak, Eugene
''
Public
SsilG
At my farm, known as the old Ilaydon farm, one-half .
mile -west of Donna, twelve miles from Eugene, onjf
Tuesday, March 25, I will sell at Public Auction to tho
highest bidder the following described property:
3 HORSES 3
1 Brown Horse, weight' 1100 lbs.
1 Bay Horso, weight 1200 lbs.
1 Gray Mare, weight 1000 lbs.
16 CATTLE 10
3 Durham.
7 Grade Jersles in milk,
HOGS
8 Pigs, 4 weeks old.
1 Sow, 300 lbs.
-27 SHEEP 27
20 Ewes; 1 Buck.
26 COATS 26
18 Wethers; 8 Nannies.
POULTRY
24 Leghorns.
IMPLEMENTS
1 8-blndo disc.
1 10-ft McCormack hayrako.
1 12-ln. J. I. Case walking plow.
1 No. 20 Oliver chilled walking
llow.
1 14-ln. sulkey plow.
1 7-ft Hoosler 'seeder.
1 lnrgo Do Laval cream separa
tor'. 1 set of steel wheels, 3x10.
1 hay carrier and fork.
1 Iron frnmo harrow.
1 sot of breeching harness.
1 stalk saddle.
1 kitchen range.
1 heating stove.
100 quarts of fruit.
Other articles too numerous to
mention.
1 sharo stock In Termors Tele
phone Lino No. 29, out of Eugene.
Sale Starts at 10 A. M.
Froo Lunch at Noon
TERMS Sums under $10.00, cash; on sums of
$10.00 or over, a credit of 3 or G months will be given
to purchasers furnishing approved note bearing Interest
at the rate of 8 per annum.
O. B. KESSEY, Clerk. CIIAS C. IIAYDEN, Owner.
J. K. GREER, Auctioneer.
cur
MEMBER FEDERAL RESERVE
STCTIH0F1ANKS
THE "FEDERAL RESERVE" BANKING SYSTEM,
OF WHICH OUR BANK IS A MEMBER, IS THE BEST
BANKING SYSTEM EVER THOUGHT OUT.
THE MEMBER BANKS HAVE PUT 137 MILLIONS
OF GOLD INTO THE U. S. TREASURY. ON THIS
GOLD THE GOVERNMENT ISSUES MONEY.
WE CAN GET MONEY WHEN WE WANT IT BY
TAKING OUR SECURITIES TO OUR DISTRIOT
'FEDERAL RESERVE" BANK.
YOU CAN GET YOUR MONEY WHEN YOU WANT
IT WHEN YOU ARE a' DEPOSITOR IN OUR BANK.
LET'S DO BUSINESS. COME IN.
BANK WITH US.
SARAH A. EVANS
The victory has been won, but havo
we canceled all our obligations? Cer
tainly not until we have paid every
debt Incurred to bring about this vic
tory, and honorably return home every
Eoldier who made It possible.
Our thank-bfferfng .for the speedy
close of tho war, the thousands of
lives spared, and the untold suffering
thus Baved must be the preservation
of the financial integrity of America,
and a comprehensive jcadjustment of
disturbed conditions. This can only
be done by a gonorous and ready re
sponse to this last great call TilE
VICTORY LIBERTY LOAN.
Let us redetlicato ourselves and our
treasure once more to the cause of
peace, as did tho wise men of old when
they heard from tti3 Judean Hills the
Bong of victory:
"Peace on Earth; good will to men."
Charter No. 8941.
Reserve District No.
REPORT OF CONDITION OF THE
12
First National Bank
At Springfield, in tho State of Oregon, at tho close of business on
March 4, 1919.
RESOURCES
Loans and discounts, Including rodiscountB $ 99,911.15
BRITISH THRIFT
The nritlsh War Sav'ngs Commltteo
has become a permanent Institution In
England and the following declaration
,10.-: been Issued explaining the English
attitude toward thrift:
"Quite as Important, both, as, a
source of reverfue and as a social
movement, is the restraint of luxury,
and growth of economy and simplicity
of life among the well-to-do, Other
wise goods and services will ,be wast
e'. War saving applies to nil classos
and appeata to all Incomtis."
Total loans ?' 99,911.15
Overdrafts, secured, none; .unsecured, $71.48 ..
U S. bondB deposited to secure circulation (par
value) ' m,.'..,..i
Liberty Loan Bonds, 3, 4?and 4i por cent, un
pledged rfr.....w
Bonds (other than U. S. bonds) ' pledged to secure
postal savings deposits., 4,500.00
Securities other than U7 S. bondB (not including
stocks) owned" unpledged 42,076.26$
Total bonds, securities, etc., other than '
U. S
Stock of Federal' Reserve -Bank (60 per cent of su
scrlptlou) .'. .
Value of banking house, owned and unincumbered-.. 8.082.C1
Furniture and fixtures
Ileal Estate owned other than bunking" houso .
Lawful reserve with Fedoral Iteservo Bank
Cash in vault and net. amounts due from national
bankB ; ;,.;
Checks on other banks in tho sifmb city or' town as ,
reporting bank
TotaJ of Home j .... -38,071.27
Chocks on banks located outside of city or town of
reporting bank and other cash Items ................
Redemption fund with U. S. Treasurer and duo from
U. S. Treasurer
Total ,. ;
LIABILITIES
j Capital stock paid In : .
surplus iunn , ,
Undivided Profits ' 3,152.23
Less current expoimeB, interest, und taxes paid 1,078.71
Circulating notes outstanding
Cashier chocks on own bonk outstanding
Individual deposits subject to chock
CurtllfcatOB of dopost duo in less than 30 dnyn (other
than for money borrowed) . .
Total of demand deposits (other than bank
deposits) subject to resorvo' 101,361,36
Certificates of deposit (other than for money bor
rowed) 1 , ;. i.
Postal savings deposits
Total, of tlmo deposits subject to resorve 38,020,25
Cash lottors of credit and travelers' chocks out- '
standing
Of course tobacco
costs more'
saysDan
"Everything else
does. What you.
want to do is to get
genuine tobacco sat
isfnetion. I saved
money by switching
frpm ordinary plug
to Gravely." '
Good laste, smaller
chew, longer life is
what mattes Genuine
Gravely cost less to
chew than orcltnury
plug.
W rite to:
GF.NUINH GllAVIiLY
1MNVIM.II. VA.
for booiUt on chcwlne plug.
Peyton Brand
REAL CHEWING PLUG
Plagpacked in pouch
99,911.15
71.48
6.250.00
6,015.00
47,176.25
850.00
8,082.61
2,000.00
14,348.00
15,185.60
37,388.22
241,00
442.05
312.50
i10 French peoplo have survived
fall's Fourth Liberty Loan receipts, tho war tho French language never
16,000,000,000 in round numbers is j Willi
$238,273.82
25,000.00
4,000.00
1,473.52
6,250,00
1.985,26
.134,433.48
27,036.31
36,145.86
1,874.39
75.00
$238,273,82
Total
State of Oregon, County of Lano, bh,:
I, L. O. Hullri, Cashlor of tho nbovo-nnmod bank, do solemnly nwenr
that the'abovo statement 1b true to tho host of my knowlodgo and boliof,
L. O. HUL1N-, Cashlor
CORRKCT Attest: J. F. SMITH, L. K. PACIE, CIIAS. L. SCOTT, Directors
Subscribed and sworn to boforo mo this 17tjr day of March, 1919.
FRANK A. DoPUB, Notary Public for Oregon.
My commission expires January 15, 1920,
SUMMONS
In tho Circuit Court of tho State ot
Oregon for Luuu County,
Tho Booth-Kelly Lumber Company,
plalntlfr, v, Frank Ruikchh; also
all other porsoiiB and parties un
known claiming uny right, title, os
tato, lion or Interest in tho real
property described In tho complaint
herein, defendants,
To Frank Burgess; also nil othor
porsons una pnrtiCB unknown claim
you nro hereby HUiumonod and ro
il 11 1 red to liti and a; pour in tho nbovo
entitled Court and cauno and unswer
tho complaint of tho plalntlffon file
herein within six wouku from tho
date of tho first publication' If this
summons, Bald first dnto being on
tho 7th day of February, 1019,
and tho IiibI dnto on tho 21st day
of March, 1919; nnd If you so
full to appear and answor, for want
thereof, plaintiff will tnko Judgment
Ing any right, titlo, estate, lion, orinBn."8t y" W tho mint of fl.Z9J.38
y dos- wml luiercfli uieroon ni mo nuo ui
Interest, in tho roal proporty
crlbed In the complaint horoln:
In tho name of the State of Oregon,
G7C per annum since tho
-day
of November. 1017. This summons Is
you nro horoby summoned to unswer i "orved upon you by publication In tho
the complaint filed against you In the.' Hprlnglleld Nows. n nowBpnpor pub
above entitled cause and court within Hsbod In Sprlngflold, Lano County,
six weeks from tho first publication Oregon, and of genoral circulation for
ot this summons, nnd If you fall bo B1 buccuhhivu unu connocuuvu wuuo
in nnnrtir nnd nnnwm- fnc wnnt unr. by an order Dindo and cnterod of roc-
of, plaintiff will tnko Judgment or'l b J!"5 -"" Sklpworth,
against you for tho rollof demanded J,UUB ot tho nbovo Cwyt. mauo on
In tho complaint, namoly, that plain-1 uJv 01 re nrunryi iviu.
tiff in tho owner and In possession ot
tho following roal proporty, North
weat quurtor of section 22, Tp. 15 S.
of Range 1 2, ot tho Willamette Mer
idian, In Lane County, Oregon; that
you havo no right, title, ostato, Hon
or intercut therein, and quieting plain
tiff's title from nil claims hold or
assorted liy you, and for such othor
rollof os may bo Just. This Bummons
Is Bervod upon you by puhMcnt'ou by
virtue of an order of tho Hon. O. F,
Sklpworth, Circuit Judgo, dhtpd Fob
ruary 27, 1919, directing thut thlri
summons bo servod upon you by pub
lishing tho eaino onco In ouch week
for six Bucqcsslvo woeks in tho
Sprlngflold News, and that you ana
wor tho sanio within six wooks from
tho first publication thereof,
Thlu summons is so first publlBhod
February 28, 1919,
8. 1), ALL10N, Attornoy for plaintiff,
30 8th Avo.' W., Eugeno, Oro.
SUMMONS
In tho Circuit Court of tho Stnto ol
Oregon for Lano County.
A. L. Dickens, plalntlfr, vb W, K.
Thompson, defendant.
To W. K, Thompson, tho above
named defendant:
In tho namo of tho State 0 Oregon,
Dnto of first tuibllcatldn as pre
scribed by 6AM ordor Is on tho fth
day of Fobrunry ,1919, and last date
on tho 21st day of March, 1910,
O. M. KissiNaisrt.
Attornoy for plnlntlff,
Reafdenco, Eugono, Oregon.
W. F. WALKER
UNDERTAKER
FUNERAL DIRECTOR
Ofilco Phono 62; Rotildonco 67-T
" West Main St.
CAREFUL, CONSCIENTIOUS
DENTISTRY
DR. J. E. RICHMOND
PHONES Office, 3; Residence, 116-J
Over .Commorclal Bank
, Springfiolcl, Orogon
"So you nro a burglar!" caldltho
prison visitor, ' v 1
"Voa'm, ' llko othor pcaplo'a propl
orty, bi(t I bsAon't tho ltpart to bo aijj
Anurchiat and got it by .jugh work.'!
i