P A fll
TUB 8PR1NGFT1CLD NEWS
THE SPRINGFIELD NEWS FINOS BANIS WILLING
Published Every Thursday at
Springfield, I,ane County, Oregon by
THE W ILLAM ETTE PRESS
H. K M AXK Y, Editor
Entered ae aecond rlaee matter, February >4, 1*03, at the poatornce,
Springfield, Oregon
M A IL SUBSCRIPTIO N RATE
One Tear In A d vance------*1.60
Six Mouths _______________ »100
Two Tear» In advance.— *2.60
Three Month» ____________
60c
T H U R S D A Y . DECEMBER IS, 1*34
OUR OVERHEADS ARE TOO HIGH
All wealth rises from one source—production of the
land and factory. Beyond the mechanical cost of growing
or manufacture all expense must be classed as overhead
and eventually must be derived directly or Indirectly from
the price of the products sold consumer. Our complex
civilization has evolved many modes and theories but con-
sisaly wealth must be explained something like the above.
When we go into large cities and see skyscrapers full
¿{'people engaged in a multitude of services we might as
well say that these services have to be paid for by the pro
ducer of products, whether or not they deal with the goods
you buy they are eventually reckoned with just the same
as the freight bill or the direct handling charge.
The same is true of the cost of government, legal or
medical service and all wholesale and retail business.
Since all this extra service must be paid for by the pro
ducer of products of the bill he charges the consumer.
It becomes a pertinent question as to whether the price is
too high. Strictly speaking there is no overproduction as
we have heard so much about. There is no lack of want
for the products of the world; there is only lack of power to
buy. The higher we raise the price of an article then the
greater this lack of purchasing power, and the more pro
ducts on hand, and the less labor employed.
Basically we do not believe there will ever be sound
readjustment until more jieople are employed in produc
tion and less in service. Simply stated people can exchange
products and live but they can not exchange service and
live without the third member—the producer. When there
is tod much service and too little production we are in
trouble.
When a manufacturers cost are too high he tries to
speed up production and cut the overhead. The world will
have to do the same thing—call it what you please.
---------------- 9----------------
SCRAP AND REBUILD
The law of gravity works the same way all the time.
The law of supply and demand would work the same way
If It were not tampered with. When you throw a rock into
air it always falls with the same speed but tie a para
de on the rock and the speed of fall is retarded, and no
on> knows exactly what the speed is. There are too many
legal parachutes tied to our economic laws so nobody
knows exactly what is happening to us. We some
times think the best solution to the dilemma the world
>s in would be to repeal all man made laws that conflicts
a h natural and economic laws for a period of time at
. st. After that we would at least know what is the mat-
with us and we might start out from a common base
build up laws scientifically.
They're talking of creating another alphabetical au-
ority in Washington to keep the 50 odd other authorities,
biEfet members and commissions from fighting. This
t’hority would cut the pie as it were and hand out the
sees.
Skunks ran under a bridge table at a Tenino, Washlng-
n, party. Bridge always was an attractive game.
-----------------• ----------------
Great Treuurej
BÄ44TÖN
SERVICE, NOT SERMONS
Jesus rose from his seat, drawn by that splendid out-
urst of faith and without hesitation or questioning he
tarted. He went with the father whose daughter was dead,
ill hlB life He seemed to feel that there was no limit at all
o what He could do, if only those who beseeched Him be
loved enough. Grasping the father’s arm He led the way
up the street, his disciples and the motley crowd hurrying
along behind.
They had several blocks to travel, and before their
Journey was completed another interruption occurred.
A woman who had been sick for twelve years edged
through the crowd, eluded the sharp eyes of the disciples
and touched the hem of His garment. “For she said within
herself, if I may but touch His garment, I shall be whole.”
. . . What an idea. . . . What a Personality His must have
been to provoke such ideas. . . . “I’ve been sick for twelve
years; the doctors can do nothing, but if I only touch His
coat I’ll be all right.” . . . How can the artists possibly have
imagined that a sad-faced weakling could ever inspire such
amazing ideas as these!
The woman won her victory. By that touch, by his
smile, by the few words he spoke, her faith rose triumphant
over disease. She “was made whole from that hour.”
Again He moved forward, the crowd pressing hard.
The crowd looked on dumbfounded, for at the magic of His
mourners, hired by the hour, were busy about the doorway;
they Increased their activities as their employer came in
sight—hideous waiis and the dull sounding of cymbals—a
horrible pretense of grief. Quickening ¡.is stride Jesus was
in the midst of them.
“Give place,” He cried with a commanding gesture.
“The maid Is not dead but sleepgth.”
They laughed him to scorn. Brushing them aside he
strode into the house and took the little girl by the hand.
Thee rowd looked on dumbfounded, for at the magis of Mis
touch she opened her eyes and sat up.
Front page stories five and six. A woman sick twelve
years, and healed! A child whom the doctors abandoned
for dead, sits and up and smiles! No wonder a thousand
tongues were busy that night advertising his name and
work. “The fame thereof went abroad into all that land,"
says the narrative. Nothing could keep it from going abroad.
It web Irresistible news!
He was advertised by his service, not by His sermons;
this is the second noteworthy fact. Nowhere in the Gospels
do you find it announced that;
Jesus of Nazareth Will Denounce The Scribes and
Pharisees in the Central Synagogue Tonight at Eight
O’Cloek............Special Music.
Prominent W riter Refute»
Statement» Banker» Are
Refuting Sound Loan»—
Deacribea Reason» for Re
duced Volume of Credit.
LUMBER OUTPUT DROPS COAST CITIES PLAN
l:AUY REGISTRATION
I
ORDERS EXCEED CUTS
FOR BIG EXPOSITIONS
CARDS SENT THIS WEEK
Seattle, Wash., Dec. 11— A total
of 64* down and operating mille In
Or««oii and Washingtou which re
ported to the West t'oaat Lumber-
uieu's association for the week end
Ing December 1. produced 76,07*.
: 748 board feet of lumber. Thia
was appruxtmataty *.400,000 feet
under the preceding week. The
average production of this group of
, sawmills in 1*34 has been <*,56*.
i
feel; during the same period In
'»35 their weekly average waa 77.-
2*6,000 feet.
Six
Million Dollar Building Pro
Endorsement of Dragon's Regis
gram Under Way At San
ter Your Baby Campaign by the
Diego Park Sit»
American Ix>glon was announced
this week. The posts of the Legion
More than 1400 men are now at and their auxiliaries throughout
work In the vast expanse of Hal the stale will be active In seeing
boa park. San Diego, rushing con that every futnlly raeolves h card
struction of buildings for Iha open on which births may be reported,
ing of the California Pacific Inter and especially lu making sure Dial
for every child born In (lie Iasi 12
national Exposition next May 28.
A »6.000.000 building program months and now living In Oregon
has already developed to a polo» the cas'd Is filled out and mailed
where more than a score of new to the Census Bureau.
Delivery of card to homes begau
exhibit palaces are under construc
tion with new plans and projects early Ibis week, and any family
which has not received cue should
under taken dally.
Immediately notify the office of Dr.
This construction Includes fif
Frederick D. Stricker, secretary uf
teen buildings to house the Pacific
the Stale Board of Health, *16
Relations section, palaces of trans
Oregon Building, Portland
Mall-
portation. electricity, business ma
lug of the cards by the family
chinery. varied industries, and hall
coats uothlng. and they are already
of photography.
addreaaed to the Census Bureau
The first unit of the Villages of Dropping (he card Into the letter
the World consisting of five Spau- box Insurea that buby has his or
Ish buildings wllhb be completed her "ritlsenshlp papers"
soon wheu work will atari on an
Astec and Nile village group.
WORLD'S BEST MUSIC
p iilV R K S supplied by typical, well-
managed banks In different part»
of the country »how that a high pro
portion of all application» for loan»
have bean granted In the past year
or two, aaya Albert W. Atwood In a
recant article In The Saturdug Cra
The new business reported last
ning Pott on "The Idle Dollar." Ex
cerpts from Mr. Atwood"» article foJ- week by 64* mills waa 75.*08,722
board feet against a production of
i low:
"Frequently banka atata that aa 76,078,74* feet and shipments of
high aa SO par ceut of all such appli 70.681,038 feet. Their chtpinenta
cation» are granted and tor from SO were under production by 6.8 per
to 76 par cent of the amoun* naked cent and their current sales were
tor. Allowing that the banke.-a make over production by 1.0 per cent.
than» figures as favorable to their The orders booked last week by
own case as possible. It seems
this group of identical mills ware
strange that we are told again and
under
the preceding week by about
again that banks are not lending.
“I t we take Into account the whole 4.000.000 feet or approximately 6.3
class of regular bank borrowers, the per cent.
| plain fact Is very tew want to bor-
The unfilled order file at these
Entertainment features signed
| row yet. For the word "borrow" is mills stood at 348.486.810 board
AVAILABLE AT U. OF 0.
merely another name tor the word feet, approximately 2,000,000 feet for the exposition will Include:
"debt," end we (ace a great world over the week before. The aggre
The world's Unogt music, rang
Midget Farm. Mfdget Village.
wide drive >o get out of debt.
gate inventories of 130 mills are Mi-s America. Nudist Colony. Life. ing front com plot«« operas Io de
“An experienced small-city banker,
Darkest
Africa.
Freak
Aulinal lightful. lighter compositions of ths
askeu if banks were lending freely 13.* per cent more than at thia
show. Ripley's Believe It or Not, musters. Is now available ut any
enough, wisely replied "The really time las! year.
Water Circus. Kellogg Horses. Mo time to all students of the Univer
good borrower does not wish t bor
tor Dome, Forest Fantasies, and sity of Oregon It Is announced by
row now In fart. 1 think our cus SOIL EROSION STUDIES
muny others Including th rill units Or. John J Lundshnrv. dean of the
tomers are making a remarkably
CONDUCTED BY COLLEGE such as Flying Turns, Skt-HI, Lin school of music.
fine showing In paying off their
loans, especially loans of long stand
This has been made possible by
dy Loop. Cat-a-Pult and Rocket ma
Popular Interest In soil erosion
ing'
the completion of a special room In
chines.
and the demand for trained work
The Shrinks»» of Credit
This is one of three celebration the music building, and Ibe Inslal
“Or if we tblLk of business con ers in this field has resulted In one
expositions
to be held ou the Paci latlon In it of u complete reproduc
cerns rather than ci Individuals. It of the junior courses in the school
ing music set. the gift to the Uni
I t conservative to say that those able of agriculture at Oregon State col fic coast during the next year.
versity by the t'arncglo Corpora
to maintain bigb credit ratings have lege being devoted almost exelu- Plans are now being made for an
tion of New York The gift, which
exposition
al
San
Francisco
at
the
been mostly the ones able to main- j 8ivety t0 , hla 8UbJet., for the Com-
tain ample cash resources and. there- J iIlg term announce, w L PowerB completion of the bay bridge, and Includes the latest reproducing and
fora, least in need of credit A . ,,ead Qf the goUg
men,
at Portland on behalf of Bonne repenting phonograph *24 records,
which Include 260 musical scores,
prices and costs fell, many concerns
ville dam.
found themselves with plenty of
The course deals with climate,
catalogues. 128 of the finest books
cash because of the shrinkage In vegetation and topography, the
on music, and a filing cabinet. Is
operations. Cash resources were still ! causes of erosion, and the various LEGION GROUPS MEET
valued nt more than »2500.
further swollen by . duced dlvl- types and means of control. After
FOR
DINNER
TONIGHT
dends. and smaller lnvento’ les made the students have completed their
OREGON B A l L TEAM
hank borrowings still less necessary. tra|nlng , hey wl„ inake an Inapec-
Members of the Springfield Ain-
“Expressed In another way. banks
TO PLAY SATURDAY
tien trip over the new t olumbla erican Legion and their auxiliary
cannot expand credit, they cannot
Basin erosion projects.
}
will
hold
a
potluck
dinner
at
Tay-
make loans, unlese there la a de
Accompanied by nearly their «ti
mand for the same. Fundamentally,
j lor hall tonight at 6:30. Regular
the couching staff members of the
the business transaction makes the
Visiting in Callfornft— Mr. and business sessions of both groups
t’ nlver Ity of Oregon football team
loan, the loan does not make the Mrs Riley Suodgrass a re spending will be held following the dinner,
are
traveling south thlg w cek.to
transaction I is i mistake to try to the week in San Frahclaco where The Legion post Is now engaged
force upon bus‘neM organliatlona they are vlsltlnft with Kenneth D e-|ln a membership drive aud reports meet the University of txmtsluna
team al Baton Rouge on Saturday.
funds which they do not need. Under [_j,s8U8
wlll be heard at the meeting.
the circumstances, the "Idle dollar" _______
The world’s finest music, rang-
la a natural and proper enough phe SUMM ONS FOR P U B LIC A TIO N
the amount then due and delln- week In Los Angeles for u work
nomenon. A demand for credit la dlt-
In Foreclosure of Tax Lien
quent for taxes for the year 1827 out and then hopp«*d to Tucson.
flcult to create artifclally. and there IN T H E C IR C U IT COURT OF t08cther »H h penalty. Interest and Arlaonu for another limbering up
la always danger In so doing
T H E S T A T E O F OREOON. FOR C08ts tber«on “ P°>> ‘ b® re»* Pr°P period.
erty assessed to you. of which you
“Bank* must be liquid enough at
L A N E CO UNTY.
~
all times to pay depositors. The idea A. F. Fir, Plaintiff, vs. Christian are the owner as appears of re-
cord, situated In said County and ALFALFA ACREAGE IN
of a commercial loan la that It rep
H. Furre, Defendaat.
*Hate. and particularly bounded
resents a self-llculdatlng process In
To Christian H. Furre the above and described as follows, to-wlt:
LANE COUNTY GAINS
business. I f the banker makes only named defendant.
The East H of the NBI4 and
those advances that are inherently
IN T H E N A M E OF T H E STATE
Lane county farmer» purchased
the NW>4 of N E K and the N E 'a
sound, and selects his maturities OF OREGON: You are hereby noti
oi the SE1» of section 12 Town 36.000 pound- of Grimm alfalfa
wisely, he will haTe Incoming funds fied that A. F. F ir the holder of
ship 16 Sc. of Range 6 West of
seed In 1934. a survey by County
Certificate of Delinquency number
to meet demands.
W. M. In Lane County, Oregon.
3201 isaed on the 6th day of Nov
You are further notified that Agent O. 8. Fletcher shows. This
G o v e rn m e n t Lend ing
ember, 1831 by the Tax Collector said A. F. F ir has paid tine.: on was enough to plant approximately
“As everybody knows the Oovern- of the County of Lane, State of said premises for prior or subse
3000 acres of alfalfa, and while
ment baa vast lending agencies, for Oregon, for the amount of Seven- quent years, with the rato of in
many farmers probably failed to
bo rn e o w n e rs , fa r m e r s , a n d th e Ilk a . to»o <4-100 dollars, the same being terest on said amounts as follows:
obtain stands because of adverse
These have nothing to do with the
Year’s tax
Date paid
Tax Receipt No.
Amt.
Rate Int. wt-ather condltloas. Mr. Flatcber
subject of this article, except that all
1927
11- 6-31
64386
»10.97
8% estimates that not less than 2780
such Government operations would
1928
11- 6-31
64386
27.73
8% acres of this crop were succesaful-
ba Impossible If the bank» did not
1929
11- 6-31
61776
6.27
8%
land the Government money for the
1929
11- 6-31
61776
16.64
8% ly established in I-ane county this
1930
purpose.
11- 6-31
40646
6.66
year. This la a considerable In
1930
11- 6-31
“No one can set a time when bor
40645
16.48
8% crease over the previous alfalfa
1931
10-10-34
39920
rowing will be resumed. But It will
6.04
8% acreage In the county, he says.
1931
10-10-34
39919
14.23
8%
come wben men once more feel that
1932
1010-34
33826
6.44
conditions are sufficiently settled to
1932
1010-34
33826
14.90
8%
warrant them In taking chances. In
1932-1934
10-10-34
25326
6.86
8%
entering upon deal», and In trying to
1933-1934
10-10-34
26324
18.70
8%
make money"
Said Christian H. Furre aa the and costs against the land and
Mr. Atwood says that it may be
____ u are
w overcautious
OWBer of the
*««»! title of the above
premises above named.
that the banks
now,
IX
t hV
’ u T 7 fltdh ntf . lDt
r ^
’and m c X o * 5,e
This summons is published by
1929, but call» attention to the fact other persona above named are here- order of the Honorable G. F. Skip-
that until a I tic more than a year by notified that A. F. F ir w ill apply worth Judge of the Circuit Court
ago banks were tailing "partly be- to the Circuit Court of the County of the State of Oregon for the
County • of Lane and said order
came they had loaned too freely, and State aforeeaid tor a decree fore- waa made and dated this 6th day or
and were being criticized right and .
the lien against the prop- November, 1934 and the date of the
left for precisely th a t" He adds:
above described, and mentlon- first publication of thle summons
“Indeed, the banks which bad herihv’ lnn.m A« a V ’ AD<1
Is the 8th day of November, 1934.
.
, .. . ’ , .»
,.
hereby summoned to appear within
been cautious in their lending policy afxty daya after the
All process and papers In this
came through the crisis safely. Un- tlon of this summons, exclusive of proceeding may be served upon the
der such conditions it Is utterly use the day of said first publication, undersigned residing within the
leas t j criticize banks for not mak and defend this aetjon or pay the State of Oregon at the address
Ing loans. After the ezperience they ' amount due as above shown, to- heaeafter mentioned.
had for several years, especially In pother wHh costs and accrued ta-
W M . W. HARCOMBE, A ttor
1932 and 1933, It la only natural that i!*’!®1’ and Jn caM ?/, { odr faifcre
ney tor Plaintiff. Address 302
they should relax their requirements foreclosing the^Hen o f ^ a l ^
Tiffany Bldg., Eugene, OregQD.
taxe» ________ (D 6-13-20 27—J 3)
very »lowly and gradually.
. --------------- - ----- -- -
“Unfortunately, many oi the appll
cation» for loans are not from people
who want temporary banking accom
modatlons for three or six months
and are quite able to meet their
maturity dates, but »re from those
who really need permanent capital. .
They are busted and they want some
one to stake them to a new start. ,
What they really seek is a partner
to furnish them with long-time capi
tal. Bnt depositors Insist upon being
paid on demand, and, therefore. It
Is a grave question whether banks
should tie up their funds for any !
length of time.”
eniouReadiHoine
t h ‘.î?Wct
Pad^trtfiUP
G ives In sta n t
W arm th a n d
Banks Reduce R. F. C. Debts
Of »1,6*0,000,000 In loans made by
the Reconstruction Finance Corpo
ration to banks jf all classes since
It began operations In February
1932, the sum of »1,090,000,000, or
66 per cent, has been repaid.
Thia Is a considerably higher ratio
of repayment than to all other
classes of sorrowers. All told. The
K. F. C. has advanced »4,550,000,000
to non-governmental borrowers, of
which »2,170,000,000, or only 48 per
cent has been repaid.
Maid O 'Creaiu m ilk und cream come fro m selec
ted Guides und are sclent If Ically handled In our mö
llern cream ery.
We invite yo u r Inspection o f o ur plunt at any
lim e
Springfield Creamery Co.
CANDY
Both klthlioH h iii I grow nups are co u n tin g on a
¡»lentUtil supply o f C hristm as sweets. D on't disap
point them.
K ggiim inn's has long been candy headquarters
fo r th is com m unity. We specialize In candy uud have
a com plete stock o f every kind creams, m ints, stick
candy- fru it drops, b rittle *, candy canes, etc.
When you w aul candy th in k o f Kgglm unn's candy.
E G G IM A N N ’ S
"Whara lbs Hervic» I» Different'
n tff.r « n i" * ^
a
(Cfjnsftnas • W hy not
a Telephone for your home?
Think what is back of it: the convcnttact, the
fnendtj voictj, the gota Htwi that a ring of its bell
may bring. I he sense of protection, the loved ones
in other placet that you can reach.
N o other gift can do so much for so little.
T he P acific T ei - kpiione
and
T ei . eghaph C ompany
126 — 4th Street
Telephone 72
/^eajL ALL
GaeruA.
with a New 1915
PHILCO
IIEA R ALL of Iho football games clearer and
better—with a PHILCO! From the opening
kick-off to the linnl whistle, PHILCO will bring you
the play by play broadcast» ho realiHtically you’ll
feel you’re on the 50-yard line!
I
And that’s not all. In addition to your favorite
American fetation» you can enjoy the thrill of tun
ing-in foreign program»
from all over the world!
See and hear the new
PHILCOS today. Prices
are amazingly low!
Tti» fineat,
pact »ver
meat powerful Com
designed! Tunes-in
both foreign and American pro-
grama. Klectro-Dynamic Speak
er, Bass Compensation, Ton»
Control, Automatic Volume Con-
taol, »U.
Northwest Cities 60s Co.
Bugen«,
Springfield
■r
F O R E IG N
RECEPTION
PHILCO 4»C -$49.95
capacity o f ‘
bushel» per
the type of
be removed.
k
for Christmas
FREE
Installation of a new modern Eu
reka seed cleaner is being com-
i pleted at the Adams Seed and Feed
i store this week. The seed cleaner
' I» one of the most modern and best
equipped machines In Lane county.
It Is »even feet high, six feet i
nine Inches long and five feet ten
lncheg wide, weighing approxi
mately 1800 pound».
M ilk and cream art» nature» nfost precious g ifts
to m ankind. Only the people o f the w orld who have
hud the most d airy producta show the most advance
ment.
PHILCO
144H
MODERN SEED CLEANER
>
GUARANTEED
FEED STORE INSTALLS
The machine haa a
between 100 and 300
hour depending upon
grain and the aeed to
Santa Claus Comes Once a Year
We Come to You Daily.
RADIO LOG
A g ift fo r a ll who c o m «
In lo eoo our Mg oolor-
Uon o f now P H IL C O 8 I
A n np-to-4ato Rodio L o *,
c o n t a i n i n g world wide
etotlon listings. Got ono
-F R R R !
$89.50
Here Is a magnificent 6-laggaS
lllghboy that enables you to aw-
Joy both American and foreign
programs. Among its many fan.
tuiea are 4-Tunlng Banda, o v w
alze Klaetro-Dynamlc Speaker.
Hass Compensation,4-polntT o m
Control. Automatic Volume Cam.
trol, Shadow Tuning and P H IL .
CO High-KIBrienryTubaa. Bean,
tiful cabinet of hand-rubbed
Walnut. Raay terma —- liberal
trada-in allowance!
Wright & Sons
HARDWARE — FURNITURE — RADIO8 — PAINT
I