The Santiam news. (Scio, Linn County, Or.) 1897-1917, October 02, 1908, Image 2

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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 apf<r<»priatx>n 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 u<hth grade
<‘ne veer, al end >d 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 <tf thanka
........................
'urnishes a means of making them safe, and yet , A few of them atterxl private college-.
Nreriai -diittiarv notice«, t«-r line
Estended welding comments, |>er line
not disturb our present system of banking to any Ixit the H) or more |*r rent, must Is-
Utcal advertising. t<rr line |»-r t««ne
■ content with what the public schools
ihKleratKtble extent Postal Mtvings tanks aro | * can give them
Display ad», 2 changee !«•» month, one «-olnmn wide,
per inch
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ure to revolutionize our entire banking system,
All will admit the necessity, in there
Professional card« I *v Inchee, tier rrvon’li ...
I O
Long time contracts for advertising made on application.
t is simply the f»>reruner 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 <ome means for supplying the nce«ts of
lower than any
1 11 BANKING SYSTEM is sure to beehang*
l he other more than ninety per cent. Now
»
ee all know that to provide state colleges
ed somewhat, within the next year or two
•<> supply the nee<is of all <xir boys and
Sil ALL OUR LAIR RE TELMAN ENT?
The Republican party, in its platform, de.
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;irla along higher »-durational linee,
Top price* paid for Poultry
dares it will inntitutc postal savings tanks, if huc
would require, insteaii of six state
c<*.<uiful November 3, and the Democrats declan
■ullrges aa now. sixty coll<*g:ste insti-
If this question should lw* pro{>ounded 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.
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inaugurated as soon as a proper law can l»e enact
rnK*ii»i
Hence, if we place a higher education
S ki Mki tm, <
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As either system furnishes an absolute taft igricultural and fruit interests of this section oi within the reach of all. a different ard
deposit for the depositor’s cash, the question whicl he valley. For tin* dairymen, it means the grad- he»|ier plan must 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 sch<x>l 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 »-( >|<H TO
rate of interest will be allowed; but will not bt >ound hog at six months of age, in'tend of a wi**<l- I ■ county, Ix-comc» at once feasablo ami
s jbject to a checking account This convenienc tplitler at one and two years old. Il means s , within the reach of every neighborh»»od
SCIO ROLLER MILLS
to the fanner, mechanic and business man, is noi gradual introduction of intensified farming, which or groups of neighborhoods.
THE
COST.
1 M < >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<-<l valuation of Linn county
d -cs not propose to change our present system, f >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
e<lu»*ational
lines,
c »nvenient to the jieople? Which would distuib
•j
’J {- 1 ¿J V-
as is the endeavor in th»* conduct of our Fair, can-1 produce a high school fund of 121.11**.
our present banking system the least
Thu would increase our present tax
i not help but I m * a source of profit, either direct or | but (2 on the thousand ami would not ;
Ths ■ i
tel .batiks would bt
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of farmers, mechanics, laboring rnen and any indirect, to every man, woman an»l child in this be burdensome when the amount of
other persons, who wished simply to establish a section of the valley. Farms have already apprec­ good it will do is consi»lerod. tane
adopted the County High School
Mayings account, and who ex|>ected 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<s|. The only effect that, say our Scio
County Court and other memleni of the
bank would feel, would be the tax it would pay t< tire that it shall continued, year after year, it is High School board, aa provided by the
Dealer« In General Mer« handle«
maintain the guaranty fund. In Oklahoma on< absolutely necessary that all should help. Dr. statute. Any school district in the
per cent, is the rate of taxation. On a deposit of Prill h*Ls aolicted and collected nearly all of the county, provsling it I mm or can gvt 2ti
$100.000, this would amount to a tax of $1,000. money, which has placed all of the improvements or nM,rc Hi«»» School pupil», may <*»t«b-
Ö3Ö5«5©3==:
But unless some bank failed in the state, this tax on the grounds, as well as managing in chief the lwh * •‘’k*’0* “f ,hi* character, ami the
two
fairs
given.
This
is
t.»o
much
work
to
require
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would not have to be ¡»aid again until the guaranty .
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< »upplied from the (ounty High School flntl the doors of any High School in the
fund became depleted. If the assets of the failesl of or expect one man to do. If the future faint fund_ Bt ,uch Bn Bmount |wrilBJ, |Wr County, often to them without coat of Bl AV ARI- Of’ DIUIXTIM. TI IMS
bank wen* suffleent to pay back to the guaranty are to ta managed successfully, others must step pnpii »> 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 <ii«lri. ta doors of the High School to all, rich
bj Ibe
j>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
<le< ea»«<l, late id l.inn C-iiiity Oregf,«.
he would get the postal savings tanks any­ rnmie up. largely, of new nwmberahips. Now if we retain cv<r. can be avoided, if several country
All Leraon« having claim» ngNinst «»id
the fair at Scio, let everyone take it upon himself to become districts will unite for this purpose,
way from a Democratic congress.
«slate are hereby notified to present the
HICKS-CHATTEN
»»me Io the iin<1»r»igne»l duly verified
Now. aa most of the towns of the I
If the business nun and tankers will look at this n member and help to make the l.inn County Fair, at Scio.
a» by law required within »is months
, a au> < 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
?<! a Aider, POUTLAND, ORE
•lay of August, IOOH
anty plan
Tn«* business man because of the ab­ section of the valley, f**
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< all at Dr Prill » office and auliecribe , dietnets will be the chief beneficiaries
Cn«Rl »• ScH*«rra
I will |«y you, pay your wife ami pay j
Administrator.
u,,, p^n. Country diatricU which
solute safety of his funds, while it is subject to his for a membership. It
Weatherford A Wj alt, Attuine)» fur
rannut provide achoola of thia claaa wil|' Subecnl-e fur the Sawrua hawa.
demand by check, and the banker because he will your children after you have paaacd to the Great Beyond.
Administrator.
Just R
CLOTHING
WESELY S CAINS
0
Scio Millinq Coiiipaim
Such as Dress goods,
Boots, Shoes Under-
wear, Hats, Blankets,
Umbrellas, etc
Call
and inspect our stock.
HIBLER & GILL COMPANY
PERFECT
PRINTING
PLATES
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