TIIUR8I >A Y FBUHUARY 28, 1 W
THE 8PRINOFIELD NEWS
PAGE FOUR
CORN-HOG MEN
KLEP OFFICERS
CROW LODGE TEAM WINS
I. O. O. F. HOOP SERIES
Manifold Ways in Which the
Banks Are Serving the Nation
SIRL SCOUTS TO
HAVE STAGE SHOW
With a 28 to 23 win over Cottage
Grove hoop team r l Crow Fwb. 14,
•
the basketbaU team sponsored by Handling Millions of Transactions Daily for Individuals,
f r o » lodge wou the I .an«- County]
Corporation» and State and National Governments— U te
Local Troop To Present “The
New Contracts Signed By 20 I. t). O F Basketball League cham-
Structure Strengthened and Deserving of Public Faith
j pionshlp with a record of 11 wins
Neighbors** nnd Carnival
Farmers; Second Benefit I and one loos for the season in the
Hv
P
R
A
N
C
I9
M
A
K
U
IN
L
A
W
,
Friday Night
Payments Made
I league games. Cottage Grove was
President American Henkers Association
I the only team In the league which 'I'llE banks of the nation provide good loans, nor has the Interest rata
Springfield lllrls Scouts are
All members of the Springfield | was able Io defeat the Crowers
I the machinery through which ever been so low
ready with a big program of eti
district Corn-Hog control commit
Cottage Grove with two games
lertaiiiment which they will pres
A Return »I Noniini I.ending
tee were re-elected for another year left to play as of Monday. Feb. 26 pass daily many millions of checks
and drafts, ag
Banka are badly needing loans (or ent at the Lincoln «liool Friday
at a meeting of contract signers had lost three games and If they
gregating hun revenuo purposes, and uow that con evening starting nt 7 o'clock In
held Tuesday afternoon at Taylor win their two remaining games
dreds of mil fldence in banks has been largely
ln
n|ah ts entertainment
hall. They are Will White, chair they will be in a second place tie
lions of dollars. restored they are uaiurally return ; w(|, h)( #
. Th„ Neighbors" by
man. George Plait nnd K O. Ken with Bgrtugfleld lodge team which
The b a n k s
<>«'-■ «"<’ “ »•»•«•‘»«r of earn!
are largely fl- Before the bank holiday the con | ................
ale.
finished the season with 9 wins and
nanclng t h e fidence of the people was shattered. V*1 »Hractlona.
Checks for the second payiueut three losses. The standings of the
Federal Gov
The thought uppermoat In the minds
►
'»’r <»»«• play which ts being dl
ou most of the corn-hog contracts teams to date are as follows:
eminent In Its of depositors was the safety of their reeled by Miss Bernice t’onoly. the
for 1934 were handed out to 37
W L
Recovery Pro funds. Withdrawals from banks be following Springfield Girl Scouts
farmers by O. a. Fletcher. count,
11
Crow
g r a m , Involv came Increasingly heavy In general, will have the following parts:
agricultural agent In charge of the
ing the great Under such circumstances the bank
9
Springfield
| ta |»mman
Ml»-« Able. Roberta
meeting. The benefit checks totaled
est peace-time er. mindful of his primary respon
Collage Grove
Putman as Grundina. Gloria Green
1228.95. Checks for some of the
e
x
p
o
ndllures
slblllty to his depositors, was more as Inci. Ruth Keeler as Mrs Ells
Coburg
growers have been delayed, and It
ever known.
r . M. LAW
concerned In the collection of loans,
Lorane
Likewise the than in th. making of new loans. | * or‘h^
Is epee ted that the third and final
>
N**" “
l
Oakridge
banks are largely financing the cur The result was a severe contrsctloa i « '" h |r“1“P* »« Mr" Tr‘”
' “ '»•*
benefit checks will be here some
1
Elmira
rent credit needs of states, counties, of credit. For thia the banker should Durham as Bara,
time In March.
The pennant and trophy
cities, public schools snd other po
At the meeting Tuesday 38 farm presented Io the Crow lodge at a litical tub-divisions, all of which aot be blamed He simply performed | The play will be the first nuni
her on the progrnni and will start
ers were In attendance and 20 out meeting of the teams and bulge have Intimately to do with the dally hla manifest duty.
Bankers at this time arc very at 7 o'clock. Admission Is a dime,
of a total of 22 eligible growers, members at Cottage Grove early in affairs of all of the people.
properly viewing the credit needs of and tho carnival attractions will
signed new contracts. Last year the March.
Each Cay banks throughout the business with serious and sympe fo,,ow , ht. ,(lay.
total number of corn-hog slguers In
Maple lodge of Mapleton sponsor couutry are making hundreds of thetlc consideration A pplicant»
Preliminary performance« of the
this aiea was 42. Many of these ed a basketball team, but owing thousan.ls of new loans and they are tor loans are not always familiar
renewing
and
extending
old
loans
with
tbs
rules
governing
bank
credit
*"> ,M* «'»•*" •' '“** •cho° l
were unable to he at the meeting to distance were not entered enter
for the accommodation of a vast and constructive and Interested help Friday afternoon for school chll
Tuesday. Those who were uot at ed Into the league.
number of borrowers, these bor on the part of the banker will bring dren Their admission will he five
the meeting, but want to sign a
rowers being Individuals, corpora about the making of many additional conta.
contract should do so as soon as
tions and partnerships and their loans, and without doing violence to
possible at the office of Mr. Flet
loaus being Incident to agriculture. any principle of good banking.
cher in the public market building
Industry and trade everywhere.
Carlainlynu one would advocate SCIENCE WONDERS SEEN
(Continued from First Cage I
The banks, through their trust de the making of unsound loans by
in Eugene. The deadline for 1935
AT U. OF O. DISPLAY
contracts is March 16. but the leased in the McKensie river In partments. are continuing the work banks. Tho creation of a largo vol
checktug work which is necessary 1934 and it Is estimated that two which they have faithfully carried ume of unsound loans would not
University of Oregon. Feb 28 A
makes it imperative that all con million will be released in 1935. It on throughout the depression snd only weaken the banks—It would lively miniature geyser that throws
are protecting trust funds placed In prolong the depressi..« and wipe out
r„aularly
tracts be signed before the final was stated by Frank Rennie, chair their care against the worst shrink
some of the gains already made. It
. , '
..
week
Yellowstone, Old Faithful, a
man of the fish committee of the age of values ever known. Included 1. to be earnestly hoped that
In
this
activity
Is
the
serrlcs
the
banker will yield under the pressura Plateau with valleys and hills and
local club.
banks are performing In connection of hla desire for earnings, or tor streams that deimmatrul» soil ero
Stock Nearby R iver
After a request had been made with administering the affairs of any other reason, and make loans of sion, tbo complete skeleton of the
the wrong sort.
Friends surprised Mr. and Mrs. that the Willamette be stocked widows and orphans
ferocious “saber tooth" tiger that
The banks, through the medium of
There are many needs for credit once roamed the Oregon country,
Arthur Easton at their home at near Springfield. Mr. Wire offered
their savings and thrift deposit de of kinds which are not within the
Hendrick's bridge Monday evening. to prepare a list for the local club partments. are furnishing safety for
natural diamonds, and "movies" of
The occasion was their silver wed showing the number of fish released the accumulations of many millions province of commercial banks to volcanoes and other natural won
meet. Likewise there are many
ding anniversary and 52 guests in each stream In Lane county last of people and on this class of de
types of credit, but there are also ders were to be seen recently at
came in for the evening. Many year.
posits reasonable Interest ts paid.
many types of credit faillltles avail i he first annual science "open
The officers of banks are unstint able-enough, 11 would »«in to meet house" at Condon hall, on the Uni
attractive silver pieces were given
Kenneth Tobias reported that the
Mr. and Mrs. Easton.
Rifle and Pistol club was soon to edly and unselfishly giving advice the requirements of all classes of ! verslty of Oregon campus
i fh e exhibits were arrauged under
The monthly meeting of the Wal- send in their report to the Na and counsel to the people of their worthy borrowers.
communities, thereb) to a consider
tervllle Christian church was held tional Rifle and Pistol club and able extent guiding their dally finan-
the auspices of the Condon club.
The l,utv of Every Henker
Friday evening Students from the by increasing their membership by cial and fiscal affairs during this
It Is clearly the duty of every through the cooperation of Dr. L.
Northwest Christian Bible college 10 they would be entitled to re- ! most difficult period of disturbance. banker In thè country to perforiti, s. Cressman. profesaor of soclology
certaln Services. The moat Impor j and an,hropology.
assisted with the program.
ceive two additional guns and ant--
T h e Banking Structura Strengthened
taot of these are:
Three Christian Endeavor groups munition from the association for
The miniature geyser anil the
Tbs banking structure as It Is to
1. To afford perfect safety for
from the Leaburg. Fairmount Pres use here.
soil erosion exhibits, as well as
day has been greatly strengthened deposits
byterian and Walterville societies
Wild life films made in Oregon and the process of strengthening
2. To grant credit to those who! many of the Interesting maps, were
held a church party Friday even were shown by Mr. Wire as the still goes on. Banking la not a closed deserve It.
were constructed by FERA work-
concluding event on the evening's science. The banking system which
ing.
In the matter of credits the public ,.rM, under the direction of unlver-
The girls league at Leaburg met program. Some of the pictures of we have bad was not good enough, must In fairness remember that < s|,y nclentlsts. Since control of soli
,111W „ na,,„ na, ,MUe.
Monday evening with Kosalee wild game in their native haunts and I earnestly believe that an able commercial banks are not lending ..r„H,„n
and non-partisan commission should their own money, but the money of this exhibit was of special Interest.
Fountain.
were unusually Interesting.
bs set up to make a study of our tbelr depositors, represented very .
numerous banking laws to the end largely by the earnings and savings ' ** m o u n t.d on a tn i e a out s x
that a properly correlated banking of the people. The people who own
wide In eight feet long. Water
system might be worked out and these deposits have accumulated actually flows down Its slopes,
submitted to the next Congress.
1 them through years of labor and ¡showing lust bow "ole man river”
A good system would Include rigid * sacrifice, and In many cases the de-] gets In his dirty work.
requirements as to management. In posit represents their all. These
A display of anthropological oh
telllgent and Impartial supervision depositors have the right to call (or
and. in due time, unification of super their money at any time, or at most j-cts found In Oregon, many of
vision. Such a system, composed of on short notice. Deposits constitute wi>l«-h have attracted national at
tendon, was available. The geolo
banks adequately capitalized, cap a sacred trust.
There are certain basic principles gical exhibit Included fossils from
ably managed and conscientiously
W h ile he basked
supervised would eliminate any pos In sound banking that must be held the famous John Day locality and
m th e g lo r y o f his
sibility of a recurrence of what has onto even In this period of change, other sections of the slate Foreign
but the progressive banker must be maps, globes, sextants, meteorolo
happened In the past four years.
conquests his wife’s soul
The temporary Federal deposit In responsive to changing conditions gical Instruments, and other objects
cried out in anguishl
, , . . . ..
surance plan under which deposits and he must be active In seeking,
tn banks up to $2.500 for each ac proper opportunities to meet the
exhibit. China. Japan. Europe and
count are Insured has been In effect sound needs of his customers.
Repeated assurrance has been other sections of the world were
for six months and has proven a
potent factor In restoring confidence. given by the Administration that represented.
--------------------------
Only two small banks out of over there Is no desire on Its part to
■ <
fourteen thousand holding member continue government lending a mo-| «,__________ ___ . .
ship In the fund have failed dur ment longer than Is necessary and
ing this six months' period. The that at the earliest possible time
-------
- ................. .................- O
temporary plan has been extended the government will glady give way!
The Thurston cast arc staging
very wisely for a year, and the to the banks and other lending In-
LORETTA Y O U N G
amount of the Insured deposit has stltutlons. This, of course. Is as il j ,,le p|ay "Where's Grandma" a»
been Increased to 15,000, thus In should te and we are all earnestly NoU >>|da ereBln< March L
COLIN CLIVE
j „
u,
.
suring In full over 98% in number looking forward to the time . when
.« .
Mrs. King ” and Mrs. Btauble who
private Initiative and enterprise
of the depositors In the banks.
shall
have
recovered
Its
vitality
suf-,
arp
,rum
TVyomlng
spent
several
Hoarded money Is returning to the
banks and deposits are showing a flclently to throw government 'lays with Mr. and M rs . Kay Baugh
last week.
vast Increase. Banks everywhere crutches away.
Numerous bank failures bave era
Mrs. Bertha llerilngtoh left lust
are super-liquid, meaning that they
have an unusually heavy proportion ated ln the minds of many a grossly Friday for Idaho to pend several
of their deposits ln cash. There are exaggerated Idea as to the losses of wee|(M
Mrs* J()hn Lucy from McMlnn.
two kinds of unemployment In this depositors In closed banks. The rec
,
country — unemployment of men ord indicates that depositors In
.
'
and unemployment of dollars. These banks wlitcb closed In the past thre<
men and these dollars must be put to year, will realize on an average «unday with her parent.. M r. and
work Banks In strong and highly about 65c on the dollar That would Mrs. Walter BdnilHto’x Mr. Lucy
<lr»ve up Baturday evening and
liquid condition are prepared and mean a loss of 357«,. H ha» been
determined to do their proper part tlmated that during the depression they returned home Bunday even
the average value of Investments In ing.
ln putting money to work.
stocks lost about 90%; bands slml
Mrs. Car y Thompson and chll
Requisites for Grants of Kink Credit
larly declined approximately 60% dren from North Bend spent sev
That brings me to the all Im and commodities 65%.
ral days last week with her par
A Big Event featuring reduced prices throughout the
portant question of the granting of
Deposits In sound banks continued
store on item s of food th a t you need every day. Here
credit by banks. Two things are to be worth 100% throughout th« ents. Mr. and Mrs. Fred Russell.
MI hm Helen Rhodes from Salem
is your chance to stock up and save on canned foods
necessary to Increase bank credit: depression and 90% of the bank da
and groceries.
1st The banks must be liquid and posits of the country were not at spent the week-end here.
feetad.
Mrs. Richard Hart, who is stay-
confident In ibelr own strength.
TH R IFTY PEOPLE WILL BE AT TH IS SALE
2nd. Business men must further
in« In Salem faking special treat
Bankers Deserve Confidence
lay their fears and regain confl
The country can have full confl ment, spent the week end ut her
deuce to the point where they will dence In the Integrity and compe home lo re returning to Salem Mon
dare te think and plan ahead.
tence of the bankers of the country day.
The first requisite Is accomplished. Out of the lessons of the last tew
The second Is ln process. Bank years has come experience that will
credits will Increase and money will be valuable to the banker and to bit PUEBLOS OF YORE HAD
go to work as soon as business men community. He can be counted on
PENTHOUSE PROBLEMS
get over tbelr disinclination to bor to show a proper appreciation of bli
row and this will be wben they be responsibilities ano obligations find
The flrnt American apartment
gin to see profits within their reach. to take hts place among those whe
« ’* btt, k. »^hlte.
In past depressions the real move are'ntaking earnest and'unselflsh ef h<’u’M*'
ment of the expansion ln bank credit fort to promote recovery. He Is nol ture, will be reproduced for th
has always come after general busi Infallible, but with every power thai California Pacific International Ex
ness recovery got under way and lies within him I believe he may b< poHitlon, opening May 29th in Bal
not before. The number of good depended upon to fulfill his duty as ■ [ boa Park. Han Diego.
credit risks Is increasing dally. Not custodian of the people's money, at
It Is the Taos Pueblo, counter
In my time have good borrowers a dispenser of credit and as a God part of those structures whose ori
been so varmly welcomed at banks (earing American Citizen Imbuef gin- Is shrouded 111 the mists of th>
as they are today. Never before with a sincere reapect and regarf
past, seemingly a link between the
has there been such competition for for tbe common good.
magnificent temples of the Actecs
and Mayans and the skin tepees of
AENEAS CLUB MEMBERS
the northern Indiass.
THURSTON PLAYERS AT
While no record has ever been
NOTI FRIDAY EVENING
MEETING IS TUESDAY
unxivered, It Is possible that ten
The Thurston community group ants of the pueblos had many of
ftegular monthly meeting of the
Aeneas club was held Tueed&y pr«;sentlng Hie three aet comedy, the nine problems that afflict mo
afternoon at the home of Mrs. W, "Where's Grandma?” will give n dern apartment-house dwellers;
N. Williams. Guests of the club performance of their production at perhaps the nocturnal thumping of
rawhide drums caused an irate
were Mrs. Susannah Porter, Mra. Notl Friday evening.
neighbor to pound the walls much
O. H. Jarrett, and Miss Edna
Swarts.
LIONS GROUP DECIDES
1 1,1 ,hc ’»»»'"•'• ,,f n present day pro
LADIES NIGHT DATE l''H' u* “|n|R blaring radios.
The next meeting of the club will
Although they did not have ele
he a potluck dinner at the home of
valors to carry them upward, the
At
a
meeting
of
the
committee
In
Mrs. John Parker on March 30 .
charge of Ladle - Night plans for pueblo folk had one ail vantage over
FRESH FISH
the Springfield Lions club held last modern skyscraper dwellers. When
Visit Parents— Mr. and Mrs. night It was decided to hold th«! they did get up, they pulled the
>nr Meat D epartm ent has Columbia River Smelt, Sal
Thomas Patrick are here from affair on Thursday, March 21. An Ì ladders after them and thus kept
mon and fresh oysters for your table. Our seafoods
Scappo'e to visit with her parents, entlii ly revised program Is being | out late Intruders bent on making
are specially fine.
planned for the social event.
' whoopee.
Mr. and Mrs. A. J. Bcbnetxky.
Sportsmen h ear
McKenzie Valley J
Opens Sunday
RORAID COLRIAD
or torti
Irish-Murphy Co.
Big March Food Sale
O.K. Soap
Thurston
Church to Meet lam ily Living
Pastor Tonight Program heady
Dinner, Prayer Meeting, and Man and Woman Invitad To
County-Wida Horna Maat«
Social Program Planned At
ing In Eugana March 7
Christian Church
Many members of the congrega
tloti of the Bprlugfleld Christian
church will meet their hew pastor
tor the first time tonight when he
v III take charge of tho local work.
Rev. and Mrs. I. G Rhuw are
moving hero »«»lay from* Cottage
Grove, having been here previously
to rent a house. They were here
Tue day. also meet lug local people.
Thia evening the church mem
here will hold a potluck dinner at
6 M and the weekly prayer meet
ing will follow promptly at 7 p lit.
At 7:30 a program will he pre»
ented. this having been arranged
by members of the Loyal Women's
Class of the Bunday school
All members of the church are
urged Io attend and meet the new
pastor aud hla wife.
Mlaa Goldie Wails, missionary
worker III Africa, will be the
speaker at the Bunday morning
service In the church. The puslor
will deliver the evening sermon.
Ills first lu hla uew «barge
Three Injured
hear Creswell
A count) wide mnfsrsuce ou
"Family Living" will be conducted
In the First Baptist church In Eu
gene ou Friday, March 8. starling
promptly at 9 46 a. in. The confer
ence will lie «xinduclMl by Ihe lauiw
l oiinty Home Kxteuaion Organisa
tion cooperating with (he county
agent with the ssalatance of ape
clallsls from the Kstenalon Hervlce
of Ihe Oregon Agricultural college
"Inexpensive Housing Improve
ments" will he discussed by Miss
Clarabel Nye, Blale leader of
Home Kcoiiotulca Kxleuslon. aud a
muatber of the Btate Rural lloualug
Committee for the Federal llouslng
Administration Exhibits will be
shown to Illustrate this address,
Osrdsna To Bs Talked
Mi s Lucy Case, Nutrition Bpe-
clallst. will apeak on "Modsrnlxiug
the Home Vegetable Garden" aud
will show as part of an exteuslve
exhibit (he actual calls of food
nee<l«*<l by uue person for lu months,
D B Fletcher, county agent, will
give sugg»sllo:is for Ihe bniue veg
, table garil«<ner Recreation will be
ill charge of Mrs Ueorge Haundsra
uml a -urprlse feature, which Is to
ho presented promptly at 10:10 a.
hi , will be presented by the Fleas-
uni Hill group under the leadership
o f Mrs K Gulatlna
Automobile With Six Young
Other features sud a luticheou
People Enroute To Basket to be served at a nominal charge by
ball Came Hits Bus
the C o Workers « lass of the Baptist
Three Eugene youug people were
taken to the hospital with serious
InJurtiMi and ihriae others narrow
ly escaped with only minor cuts
uml scratches Tuesday evening
near Creswell wtieii tbo car In
which they were riding collld<-d
with a heavy stage.
Muxlne Hortou, Dwell Miller,
high school students, aud Mary
Hunt, university student, are those
seriously Injured, and Don Good,
driver of the car. txiraue Hunt,
sister of Mary, and Erma llellksuu,
all riding In Ihe frout seat received
only minor Injuries as (hey struck
the bus on slippery pavement en
route to Cottage Grove for a bos
kethull game between Eugene and
the Grove high teams.
Btate police Investigated the ac-
c ld n t and questlniie«l Virgil Dan
ielson. driver of the bus. hut did
not charge either driver with res
ponsibility for the accident.
church will make up the program
for the day,
t'ou nly Agent Fletcher statea
that this conference Is for both men
and women and that all Interested
pe«,pl<- are Invited Io attend.
Leaves for C a lifo rn ia —- W
Dodds left Wednesday
Diego, California.
for
I
M arriag e Llcsnsss Issued
Marriage licenses were tamed by
the county rlerk durlug the pest
Week tu the following couples: Ar
i l i le Hopper. Harrisburg, and Ells
Johnsen, Junction City; Harry Sen
dors. Eugene, and Violet Burt. Eu
gene; Philip Kiro, Fallen. Nevada,
sud Bertha Handford. Creswell.
l4ittli>H b til It »»red with K o u r I i
Skin, 1‘lin pie». Itlackheada,
S«»»» Je-Neo-W a, at
U. 0. MAN OUTLINES
I >ulny Clover's Beauty Shop
NEW USES FOR POWER 343 Fifth Street, Springfield
Aluminum, phosphates, nitrogen
whl. h Is so useful In manufacture
uf munitions, and many other pro
ducts may be made In quantity
I hrotigh use o f electric energy to be
produced by energy generated by
the llonuevllle dam, according to
Dr. O. F. Stafford, profesaor of
chemistry and head of sdeucea on
the U. of O. campus.
The production of metals and
«hcinlcals can utilise a great ileal
of till- power to he made available
by the great project. Dean Stafford
pointed out. Aluminum oxide, now
found In large deposits, can be
broken down by use of electrical
energy, after an Intermediate pro
cess to change It to the form of a
olutlon has taken place. Metals
which can be priutuced or are re
fined through ehn-trolosls Include
sine, copper, silver, gold and mag
nesium.
Uhosphates production, by the
use of tremendous heat from elec
tric furnaces, is also a field to
which manufacturers can turn.
Even alcohol nnd vinegar can be
produced througli an electrical pro
cess In which calcium carbide Is
used.
Has Operation—Clarence Caudelf
underwent u major operation at the
Pacific hospital in Eugene Wednes
day.
MOORE’S
LADIES* SHOP
82« W illa m e tte Street
Final Clearance
Suede Jackets
Sm art new styles
Reduced to
$4.95
R egular Value »<.96
Dresses
We have a few of our extra
ordinary Drees Specials left.
Styles and colore are right • ■
fabrico are alike and wools.
$1.98 to $2.98
New Spring Apparel is ar*
riving every day. See it . . .
very reasonably priced.
Teachers’ W a rra n ts Accepted
W e give S. A H. Oreen Stamps
P r in c e
A lb e r t
The Modern Pegasus
LetterheadR, ratalogH, foldera, bookletR, blot
ter*, broadside« mid apeclal mailing pieces of all
kindu art» the winged Hleed* of m odern bunlneRH.
. . . But they m uat be done artiRtlcally on
well
Releeted stock, with new and m odern type face«
and printed well. . . This is service we render and
It costs no more Ilian poorly printed and Ill-selec
ted promotions. . . . When In need of printing . . .
good printing . . . phone 2 and one of our repres
entatives will call.
The Willamette Press
Opposite I’. ().
Springfield