t » * I • • • % I f • t * a w* **» • have the |x>s'al savings tank as a competitor which is sur»* to absorb his choicest deposit*. The , <1 qxMitor who wishes to maintain a sa*. ings account It will be remembered that the initial reived i a ouId fare equally well in either case. Guaranty opposition t<> the apfn of S12fi, is» annually, to the I J. O. originated I banks would readily pay hnn interest for his sav­ among Linn County granges Messrs. ings or time ac?ounts just the same as the pis tai Palmer am! Walker of grange No. 10, another large Political!!) Independent savings. A& the NEWS views the two systems, the I of near Albany, were appointed a com- guaranty tank is much preferable. If postal sav- I mitee to comfuct the fight. Now it Shipment I ntered at lliv put-.lfi.» al Scio, Ore/ >n, aa second i la»» i igs tanks are established, it will I m * but a short lit would lie erroneous to supj«»*e be ■ali mailer. t nie until the people will force the government ' «’»use of thia opuuaition, that I jnn I C.xinty Grangers opjsiae higher educat- i ito a general banking business. The people will : ion. lukewiae the '' ahtiam N kws op­ > I III l>- I l I t - I v I ^« v mil's v lemand absolutely safe hanks, for the business posed the appupriation. with ail the T. I». Dl'GOER ens nan and fanner as well as he who maintains a , piwer It poaaaaed. because it beleived IlirtlH AMU 1'MoKN I a HlW. Hiving* account. 'Hie guaranty tank will supply that the »late University waa tiecoming b>th needs, while the postal savtutrs will supply j a too dear luxury. But, at the same t one. both the Linn County Grangers out one of them. The guaranty tank is the on y i and the News believe in higher educa­ preventive to driving the government into the gen­ tion. and that the boy or girl who must One rear in advance era) tanking business. I tie content with but an ud rear One year, ai elei ol 2 v«sr» The N ews favors the government taking hold of , ed »cation, ta seriously handicapped One vear, al end ol 3 years iny and all public utilities, whenever it is fully es­ ! through life. Hu montha in advance Oregon, to day, ia pagine out Three months In advance tablished that they cannot be controlled in private J annually more than SZSO.uOO to support Single copy in wrapper ... lands. A bank is a semmi-public utility. We be- I the half, dosen alate colleges; yet l«*aa I *ive they can best be conducted by jirivate control, i thsn five per rent, of our boys ami girls ADV El« fl -» I Ft < » lut they must I m * mad»* safe ami the guaranty plan i can or do afford to attend those colleges Card er line not disturb our present system of banking to any Ixit the H) or more |*r rent, must Is- Utcal advertising. treruner of a general absorption txrlcrn days, of a higher or advanced •f the tanking business by the g vernment But <-iiK-allon. As leas than ten per cunt. < f fjwe cannot have the guarantv tank, by all m< am- our boys ami girls are now provided with opportunity of attending the stste col- GUARANTEED KS TOSTAI. RANKS. •?t us have th»* postal savings tanks With the gen- ■ »-ges, it la our duty aa citixrna to provide Prices guaranteed •ral government banks, which will follow. I supply the neeounded to the 'utions, of the ca|>arity of the O. A C. fora fruantntertl deposit system; if a proper plan can be selected and agr»,»tl upon, and failing in thi- nembera of the Fair Ass’shation, nine-tenths oi I >t Corvallis, or the U. of O. at Eugene for the |x»stal savings system. So, the voters may norc of them would answer YES in capital letter«. fhis great number <*f r«lloj»a, if a» extensive m those at Eug»*ne or Cor­ r» d assured that one of these two systems will !>• \I1 can now see that the Fair means a gradual and vallis. would simply bankrupt the state. ■••I,, r.o • ■.; * ■.. • • i ' ■ ■■ .. e evolved. COUNTY HIGH SCHOOLS. nt peals to the voter is, which of the two is prefer tai displacement of the scrub cow. which does not Mr. Judd »ay. with the hundred d »liar cow The County High School supplies th » able. It means i need and at a coat of not mure than one Postal saving banks, which lx>th of the greet c »Id ul»<»ut at the Fair, which does pay tenth that of the state college. The 5 parties promise, will be, as it states, a place when i gradual displacement of mix»-«! breed and grad» i plan of organising a high schl nt any savings will I m * kept safely; upon which a small «tock with the pure bre«l animals. It means a 200 i I town, village or cross coads in th< M < < I »-( >|ound hog at six months of age, in'tend of a wi**l< »■< >1» A 1 I l> l • I-< KMIIKI« UH, IUO4. contemplated in the postal savings plans. So, il will yield a profit of from $25 to $100 |>er acre year-1 As the question of c<»»t is a matter of Iy, instead of $1» or $8 per acre its at the present one deHires to place his cash in a bank, suject U const ierstion in all rmxiern enterprises It means smaller and better cultivated i : it shoul»l be thoroughly discussed in the his dvmnnd by check, he would still have to look t< time. f arms, more people, and a generally more prosper-1 consideration of the County High o ir state and national banks. On the other hand the guaranty deoositS plat o is community. A prt»phesy of these conditions j School. The aiw»e»s<-r th»* future, is not a hazzard. It is just as sure property ia approximately S21.000.0UO. f irther than to levy n small tax upon each bank, of fulfillment as that the sun shines. These con­ About one-fourth of thia amount is I i. t » constitute the guaranty fund. As has been be­ ditions will come whether or not our Fair lives; ilerived from timls-r lamia, largely fore statisl, which of th«*se plans is preferable b it there is not a doubt but what the Fair will owned by nonresidents, railroads, telegraph and tclejihune line«. A levy A i either is equally safe, which would ta the mor> hasten their arrival. of two mills on thia valuation would A county Fair conducted along eected to not requin iated in value and are a more ready sale. The County plan last June and estimates that each Forks of theSantiam has secured a more prominent these funds for a specific time. Hence, all patrum- High School pupil will coat but from | who have time deposits in our present tanks and place on the map than she ever occupied before 15 to 20 cents per day. Estimating the I those who privately hoard their moneys may le and ’his is attributable to the Fair and the energy school year at I M> days the annual coat expected to jiatronize the postal (tanks. The nec­ of a very few men. Now, as every citizen reaps a per pupil, in no case, would exceed I.»:. | essary n*sult would be, that many of our small benefit, it is but just and reasonable that he should At this coot the High School fuml pro­ rg c tunlry banks would be forced to retire from busi help to bear the burden. He who profits by the posed above, would provxie fur nearly Out) pupils. At no time would that new. For all know that long time deposits, an1 energy and thrift of others, yet refus *s to help car numlier of High School pupila lie ex­ tie ones from which the country banker reaps the ry the burden, is simply selfish, lie is willing to ceeded in l.inn County, at least nut for greatest profit. Therefore, postal savings banks accept something for which he renders no return. a go»»I many year». Our estimate may, The Secretary’s b»»»»ks of the Association, show therefore, be taken as the maximum of fé would ta ant to nsiuce the number of tath private that then* has been iss ieii 210 membership certifi-’ cost. and national tanks. Our Scio bank, for instance, THE PLAN cates. These certificates are owned by about 1-101 should it lose one-half of its deposits and th- If the County High School wins out. rL choice ones at that, would soon find it did not pay individuals. There ought to be double the mem­ then the County Court will levy » to run a tank. Some other business would b< tars that we now have. Every farmer in this en­ County High School tax, the money tire section should be a member, for he receives a arising therefrom to constitute the found more profitable. County High School fund. This fund is On the other hand, suppose the guaranty system benefit under the control and auperviaion of the Now, as all admit the value of the Fair and de­ is intnxluc the High School u>anj may tuition. Therefore, by voting thia Hi Almtract of Title i>rr(*arr4 fund, what was drawn therefrom with which to in an»l bear a |>art of the bur.len arxl reapotMibility. If for deem a»lvi»able. tane County pays 20 «mail tax upon ourselves, we open the instance, a superintendent for each department could be cents |*r day por pupil in ay its depositors, then no additional tax would be »elected st the annual meeting in January, who would be re- where there are 20 or lo«» than that anti poor alike. Our atatc colleges, levied uisin the banks. The banks would simply ■ponslble for and manage hi« |iarticular department, then the number of H. S. pupils, and 16 ctnts owing to the coat, are open to the rich Is* required to maintain the guaranty fund intact. burden would lie comjatratively light on each, ami each de when the number exceed» 20. and well-to-do only. At this rate 20 pupils would pay for The probable beneAt that banks would reap from uartment would be represented. the mune< on hand and that uhich the legislature the services of a first-cl aim t< ar her. So this system, would bean increase in its deposits, will With probably add, a premium lint uble what waa paid thia it can bo seen that the High Sch »»I is OfUw real I'mteriJ »m Intenti tn nanhaae to the extent of the hoarding. The business man year, can lie |>aM next year. It is planned to manage the within the reach of country as well as nr aree|»i a« M-uiiiy ter mone, limned, nur and farmer who necessarily maintains a checking fair on an aheolutelv cash basis. atninv m-etvn a the lenaSl ol our WI»H ; town uiatrieU. It should, also, he eno, Kuaiiltaheti In law. account, would then be made as safe as he who The Linn County Fair Association ia now a member of the remembered, that any High School in held a savings account. The dank would be the Willamette Valley racing circuit. The »»ffleere of the racing the exunty, under this plan is op-n ami Z. tl. Rl |>|>, .Manager. gainer, for the reason that a run on his bank wiuld circuit will manage the races next year. A!) that the Fair froe to any pupil in the county, who ) um > Association will be required or exported to do, ia to provide passed the eighth giade. It may, be a hazrard from which he would pe relieved. a suitable liarn for the race stock, ami to hang up the vari- therefore, be concluded that towns ami IN ONK OH MANY COLORS The matter is now up to the voter to make his <>us purses, the fair to receive the entrance moneys. populous country districts only will choice. If. hf* wants a potCal savings tank only, No*, fellow citixens, the auccees of future fairs depemis undertake High School work under this largest facilities he will get it if the Republican party is successful. largely upon you. Are you willing to come forward, take |BW. Such districts only, will prohably in T H K WEST FOR ADMINISTRATOR'S NOTICE. If he prefers the guaranty plan, he can only get out a life membership amt help to manage the fair if necee- have suitable buildings therefor and, the production of wary? Farmers in particular, for whose lenefit the fair waa unless there are SO ar more pupils, the Notice ia hereby fives that the under- high GRADK work that through Democratic success. Further: If the inatitutmi. should not be backward in this matter The new «»rvicee of a competent teacher could signed ha» Ix-en duly app>inte>l Admin­ istrator of the diate of Maria Schaefer, guaranty plat) should I n * found not feasible, then bam will coat about l*»0, it ta estimated. This must lw be alfotded. Thia difficulty, how **TI> ** )•• »» uitiii tesiti < ess. We can do so if wa al! puli together. Kemember, county have already provided high I ENGRAVING CO. matter aright, they certainly will favor the guar the fair ia the key to unlock the future prosperity of thia schools, it will be seen that the country , | from tlii» date. I>ated thia th« 22id ?