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