The Springfield news. (Springfield, Lane County, Or.) 1916-2006, March 13, 1930, Page 8, Image 8

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    TH U R 8D A Y . MARCH 13. IMO
T H ! S P R IN G F IR IJI NNWS
PA«E RIGHT
AMERICA IS WORLD’S
WEALTHIEST NATION
YOUTH ON TRIAL TODAY
FOR AUTO THEFT HERE
“Bailing Out" Real Science Now
Clinton Hall Smith, charged with
aleallng an automobile. will bo given
his hearing thia afternoon al Ih» l-ane
county court house. Smith, together
with William Ned Ovlatt. were bolli
arraated here Monday and charged
with aleallng the automobile belong­
ing io S Mcl'heraon. Smith aaaumed
all blame for ihe affair and both the
hoya were released, Smlih promising
to appear at the court this afternoon,
John Maralt, luvenlle officer for
county, declared yesterday that be
would ask lhal the boy be paroled to
some buslnesa man In Ibis city, rather
than have him anni to the reform
ing to only »1.284 per person. This
is because Alabama's natural re­
sources are comparatively undevelop
ed and ita industrial development, j
while large, has not caught up with
the growth of Ils population.
By CALEB JuitNSUiN.
New York, richest of all the states
We are the ncheel »«sople in the in total wealth. In only aboul average
in the per capita figures. The ten
world.
Almost everybody kuows that, but million Inhabitants of the Empire
tew realise just Dow rjcu we are aud State are worth an average of »3,613
what our wealth consists of.
each.
The National Industrial Conference
The figures of the National Indus­
Board has just figured it uot. The trial Conference Board are for the
achoql.
national wealth ot the United States year 1928 The nation ts probably
is *360,it>v.owv.ooo Three hundred richer now, but it takes a good year
DR. MEZ TO BE SPEAKER
and sixty bnliou, one hunuied uiilliou. and more to compile figures, which
AT BROTHERHOOD MON.
‘m e figure is Just too large for us will always be that far behind. The
to grasp. Nobody ever saw mat tnucn last estimate made by the United >
The regular monthly «upper and
money. There never was any such States Bureau of ihe Census was in
meeting of ihe Men's Brotherhood of
amount as that in money anywnere in 1922. when the national wealth was
ihe Methodist church will In- held on
estimated at »320.S00.000.000. In 1912
the world at any lime.
Monday evening in Ihe church par­
It would take a whole year for a the government figures were only
lors. The luillea will se/ve a supper
thousand regiments or a tnousauu »1S6.300.000.000 In sixteen years,
at 6 30 aud Dr. John II Mei. aaaocl-
men, every man collecting a thousand therefore, the wealth of America
ate professor of political science at
dollars a day, to gather so much nearly doubled. And even allowing
the University, will lie Ihe principal
money together, even it it ex.sted.
for the fact that a dollar today repre­
speaker. He will talk on some world
But the figure of the Conference sents a smaller amount of wealth
problems. The public Is Invited to
Board leaves out money entirely. than it did in 1912. nevertheless we
attend this meeting and henr Dr
Money ts merely a syinool of wealth. have made pretty good progress. Very
Mez. He hus a reputation of being
Counting all of the Treasury notes. carefully worked out calculations
one of the most Interesting members
Federal Reserve notes. National tt,u» made by the Un’ted States Depart­
of the entire fncully al Ihe t'nlversliy.
This Oakland Motor Car party is being shown how army aviators use the modern parachute.
notes, gold certificates, sliver cerutl* ment of Labor continuously kept up
The “chutes” are so reliable that none has failed in recent years if properly operated. The
cates, aud gold, silver aim copper to date, show that the purchasing
En tertain Friends
car is an Oakland V-8 sedan. The rip cord device is shown in the smaller photo.
coins, we nave about only five billion power of the 1930 dollar Is about 67
Dr end Mrs. Carl I'hetleplare were
dollars of money In circulation in cents as compared with the dollar of
hosts at their home here Tuesday
during
the
flood
period.
The
fl’
h
was
So our actual Increase In
America. That is all we need for the 1912.
FISH LIVES IN MUD HOME:
ATTENDANCE IMPROVES
very much alive and la now swimming evening for a dinner served to Mr
purpose of exchanging one form of wealth in sixteen years, as a nation,
IS VERY ALIVE IN WATER In the pool on the summer home pro­ and Mrs. Clarence Chaee and Mr and
AT
CITY
SCHOOLS
FOR
wealth for another. The rest ot our is about 37 percent.
Mrs W H. Adrian
Following the
And that is doing pretty well, thank
business is carried out by means ot
LAST GRADE PERIOD
Reconstruction work on the dam at perty. He will soon have company,
dinner the group attended a theatre
bank checks and credits. But what you!
the summer home of Dr Eugene Kes­ according to the doctor, who will re-
Attendance at the schools of ter will be completed during the next atock the pond when the dam la party.
makes our money worth its face vaiue
Springfield was more normal during week or ten days, according to the completed.
la the wealth behind it, nearly *72 of
the last six weeks which ended Iasi doctor, who now make« frequent
assets back of every dollar in circu-
Friday than during the previous six trips to the place to Inspect the work
tion.
V eterin arian Named
weeks. The cold weather in the being done. r j original dam was
There are no exact figure« of
And a Real Orchestra
latter
part
of
the
previous
period
the wealth of other nations. The
einter during the high
destroyed f
MOUNTAIN
VIEW PAVILION
was the cause for much absence water per.-ai and the fish liberated
total assets of the entire British Em­
Dr. J. A. Fluntilgan. of Eugene, waa
among the smaller children. The at­ Into the McKenxie riv e r
On Row River Road
pire, including Great Britain, Ire­
recently named Inspector for ihe In-
tendance at the Branain school has
land, Canada, Australia, South Af­
feittlnua abortion control area In Ihe
"But," says the doctor, "they didn't Wlllakonzle district by the board of
averaged approximately 96 per cent
rica, India and the rest of the British
and in one room averaged 99. ac­ all get away.”
directors of the organization. He
possessions, was estimated a few i
DON'T MISS THIS ONE!
cording to Glenn Wood .principal.
years ago at about one-half of the
One of the workmen dug up a trout started his work on Tueaday morning Prize» Given for Beat Coatumea
We herewith publish the scholar­
present American figures, and no
about 10 Inches long while moving a There are 134 owner» In Ihe district
ship and honor roll of the students at
Al Whitman, I*rop.
other nation begins to compare with
pile of mud which had accumulated and they own 621 cows.
the Lincoln school for the past six
ours.
weeks period.
Reports from the
The biggest single item in the list
other two schools were not available
of things which make up our nation­
yesterday.
al wealth is real estate. Land and im­
FIRST GRADE
provements in the United States are
Attendance—Billy Dawson. Fern
valuer at *198,100,000,000, more than
l.aiTt D or la Lois Pelham -Clinton-
Sldwell, Juanita Burnham. Betty
half ot the total wealth. That does
H o p e , daughter ol the D u k t ol
Marie Ford, Peggy Fritts. Iva Gillette,
,
Manchester(
worked lo r several
not include real estate owned by the
i months behind Inc counter in a New
Ida Howes, Genevieve I’almer, Lor­
railroads and public utilities.
' York »tore without disclosing het
raine Peddlcord.
Betty
Virginia
Those institutions, together with
Identity.
Sherman, Peggy
Wright,
Wilma
shipping and canal facilities, account
Keeler.
for another *4,900.000,000 of land
Scholarship—Flora Bertsch, Clover
value, with improvements worth
The Items listed represent just a few of the many bargains that you will flml
Jean Cox, Peggy Wright. Gladys Ped­
*22,100,000.000 and equipment which
ersen, Olive Johansen, Nancy Davis.
in this store. And of course you can "2e your credit— a small amount down
has an additional value of *12,500.
Juanita Burnham, Reatha Young.
and the balance In small payments.
000,000.
SECOND GRADE
Farms and factories, including all
Attendance—Bonnie Finley. Willard
propeity and equipment, constitute Principal Events of the Week
House. Frank Stuart. Dave Smith.
*20.200,000.000 of our nat’onal wealth,
Assembled for Information
Shirley Hack, Alberta Keeler, Shir­
according to the latest survey.
ley Neep, Beryl Robertson, Emma
Manufactured and natural products
of Our Readers.
Lou Stratton, Jeanette Sweeney.
total $40,000.000,000 This includes
Saholarshlp—Frank Stuart, Bobby
everything from carpet tacks to gold
J. C. Aeby. aged trapper was killed pollard, Dorothy Mulligan, Dorothy
in the mine blocked out but not yet
in his retiden e near Alfalfa, 13 milea Jean Stewart. Beryl Robertson. Shir­
mined.
south of Bend, when the rifle he was ley Neep. Alberta Keeler.
Personal property constitutes about
carrying was accidentally discharged.
4A GRADE
one-nintb of the total wealth. Furni­
GREATER
Saholarshlp—Edgar Trotter, Doris
The dates of the 1930 Columbia
ture. clotlvng, jewelry and items of
HOME COMFORT
tha sort owned by the people of the county fair will be September 10. 11, Collins, Leonard Purcell, Muriel Ty­
United States are worth *44.700,000.- 12 and 13. it was decided at a meeting son.
Attendance— Edgar Trotter. Robert
00. And that doesn't include auto­ of the fair board held at St. Helens.
A roomy luxurious Davenport will make all the difference in the world
mobiles. which are a comparatively
A timber sale amounting to *62.- Keenan, Doris Collins, Donald House.
We
have an unusually fine 100 per cent MOHAIR Davenport - R » s v e e r s i b k
Irma
Wetzell.
Leonard
Purcell,
Bobby
small part of the whole. Less than 437.95 was conducted by the United
'
ten billion dollars covers the present States land office at Roseburg recent­ Foster. Muriel Tyson, Helen Putman. Cushions. Priced at ......... ...............................................................
value of the nation's automobiles.
ly. 19 tracts of Oregon and California Barbara Nealon, Isyl Keeler.
5B ORADE
.Gold and silver bullion—that is. grant lands being gold.
Attendance—Clyde Smith, Harold
gold and silver that has not been
One hundred fifty Knights of Py­
Jacquand or Cut Velour Davenport
coined or made into Jewelry, table­ thias of Union and Wallowa counties Gillette, June Berg. Louisa Cowden,
Bennie
Cox,
Lucille
Gerber,
Ethel
ware or other commodities—held In gathered at La Grande recently for
♦
Gott, Valeria Koch. Shirley Seavey,
♦
the United States is worth around their annual convener-
The 11*32
♦
Maxine
Valller,
Jennntne
Withers.
*9.000.000,000 More than half of meeting will be fc-'d at
♦
o.
♦
Scholarship—June Berg. Sadie Gott
that is gold held by the United Slates •
MANY SHAPES AND
♦
JUST
THE
THING
TO
L.
O.
Herrold.
with
four
power
FINEST
WORKMANSHIP
♦
Ethel
Gott,
Loutna
Cowden.
Treasury, the Federal Reserve bank I
SIZES
♦
PUT
IN
THAT
CORNER
dredges and a small army of men. Is
THROUGHOUT
J U N IO R H IG H SC H O O L
♦
and other banks as a reserve against |
♦
busy clearing up land in Lake Lablsh
Honor Roll—Evelyn Bacus, Lela
currency. This gold reserve alone ,
♦
This Lablsh lake land will be drained, Peterson. Vivian Runte. Eileen Baket
♦
constitutes the largest amount of the
♦
cleared of roots and placed under cul Beatrice Carson, Mary Smitson.
precious metal ever gathered under
tivatlon.
Pearl
Wills,
Faye
Stratton,
Clair
one flag In the history of the world.
Six of the 48 tracts offered at de­ Hadley, Velma Peddlcord, Edna
■ Out of the entire volume of national
9x12 SEAMLESS AXMINSTER RUGS
wealth, about one-sixteenth, of *23,- j linquent tax sale by the Linn county Severson, Harlan Duncan, Luclle
Made by one of the oldest ami best makers in
000.000,000 worth, is exempt from tax­ court have been sold to new owners Davis. Hugh Mathany, Charles Cole,
America.
ation. ThiR Includes all property i st auction. Several tract« were re­ Evelyn Gormley.
Attendance — E l'- - B a k e r , Bea­
used for public purposes by the Fed­ deemed by their owners at the last
trice Carson, Robert McLagan, Her­
eral, state and local governments, and minute.
the property of religious, charitable • Kimball School of Theology, Meth­ bert Mills, Morris Stewart, Donovan
and educational institutions exempt i odist institution at Salem, will sus­ Montgomery. Keith Currie, Norman
Morgan
Chandler, Alys
pend activity for one year, beginning Gerber,
by law from taxation.
Only stock on hand at present time to be sold at
Thatcher,
Helen
Swarts,
Dorothy
September,
1930,
Dr.
Edward
Laird
The total wealth of the country, i
divided by the number of Inhabitants, Mill«, president of the board of trus­ Nice, Elsie Beals, Harold Garret, Eu­
this price. Lots of patterns to choose from. All
gene MaLosh, Mary Smitson, Ellen
gives us the average per capita tees, has announced.
perfect goods but patterns discontinued.
The date of the annual Linn-Benton Moskop, Evelyn Johnson. Irvin Had­
wealth. And this is also far In excess
of that of any other nation, amount­ Jersey Cattle club show will not be ley, Clair Hadley. Dale Thomas, John
Other prices in proportion
ing to around *3,000 for every man, changed, it wag decided at a meeting Dale Adams. Charles Maxwell, Allen
of the club at Albany, at which It w m Sneed, Kenneth Cox, Edward Wyatt,
woman and child.
The wealth is unequally distributed proposed that the show date be Marion Thompson, Lena Stafford,
Were $17.00
Velma Peddlcord, Olga Hrynchuk,
among the states, however. Nevada changed to coincide with that of the
Easel Adams, Ruth Pollard, Ray
Linn
county
fair.
has the largest wealth per person,
Other Oregon communities report Smith, Charles Cole, Dick Wright,
not because It has the smallest popu­
This double-deck, helical tied Bed Springs Is
the
first trllllums and lamb’s tongues, Winifred Franz, Margaret Jarret, Mil­ built for service and comfort ................................
lation. for there are seventeen states
dred Morgan, Wilma Lipes, Margaret
having fewer Inhabitants, but because but It remained tor the mid-Columbia
Hack, Doris Worley.
country
to
claim
the
first
bouqnet
of
of the immense wealth In Nevada’s
cherry
blossoms.
They
stood
on
s
mines of gold, silver, copper and
Goes to Coaat — George Turpin,
other metals.
Nevada's average desk In the office of Sheriff Secton, j Springfield tailor, «pent the week-end
orchsrdlst, of The Dsllee.
wealth Is »7,23« «** person.
at Bandon and other point« on the
Alabama his the lowest per capita
coaat. He returned (o Springfield on
Average Wealth of Each Man,
Woman and Child in United
States is $3,000 in Actual
Property.
A REA L DANCE
March 17, 1930
pOWËRS
Outstanding Furniture Values
OREGON STATE NEWS
OF GENERAUNTERES1
»00
$55.00
C o g s w e ll C h a i r
Occasional Chair
Occasional Table
$21.75
$9.95
$12.25
$39.75
RUGS
Special on Congoleum Rugs
9x12 for
$7.95
Bed Springs
rate of wealth
distribution, amount-
Haa Tonali Itiä—Mrs. Bari Donna la
•uttering vrtth an attack of toasUlUa.
Sunday evening.
Now - $9.
11th and Willamette
Eugene, Oregon