PAGE FOUR
THE HEPPNER HERALD. HEPPNER. OREGON
Tuesdav. October iojo
THE HEPPNER HERALD
AN INDEPENDENT NEWSPAPER
S. A. PATTISOX, Kditor and
-her
Entered at the Heppner, Oregon, PoKtoffiee as second-class Matter
Terms of Subscription
One Year , S2.00
Six Months ?i.oo
Three Months $0.50
A I'l KXN lot s Musi iti;
'n nidvp radical n'eaFure vts pv-
! or fn 1 Le lu-.Ilot in Oregon than the
r;-fos.c3 to limit interest rate
in Oregon to 5 per cent. lis res?u!t
, would lie ruin for the state fi-'ir.i
hotli local capital and outside capi
tal. ! "In effect this proposed bill pro
hibits churning a rate of interest in
, excess of 5 per cent," said a local
( man who is well posted on financial
, matters in Oregon." Four per cent
would be the legal rate. Just why-
anyone with the mental capacity to
reason can support a law so abso
lutely pernicious in its character is
beyond cur understanding," he con
; tinned. "However, the voters in
'Oregon are called upon, from time
'to time, to sit down on such mis
guided souls as the authors of this
proposed bill and these voters can be
! depended upon to do so in this in-
I stance.
"In the event this- bill should be-i
i come a law it would have the effect
i 'of destroying the borrowing power
The Highway Situation i of ,every lndiyidua1' ati and
, . , industry in this state," he said. "It
(Continued from 1'irst Page) lis reasonable to suppose that every
conditions doubled the cost of construction and the state lHan now outstanding would be
called when it becomes due for it is
utterly foolish to believe that any-
i
funds began to dwindle the county expressed a willing-
Tlf'C i f C'ltlCP I IP I'l IV tHIM'WO 1-omi i fm m m f 'in1 Kvmr o
v , v V",vl -T'"""" M"- one will loan money in Oregon at 5
good macadam surface. (per cent when 6, 7, or 8 per cent
It may also be pointed out that Morrow county has Is easily obtainable in every other
fulfilled her part of the contract, that her money, which tate in the union, with the result of
"vas estimated lv the 1i5oW.iv dciuiH-inonr r-ncvitWws snf-l1 fneral Pawlj'SlS of every line of
iicient to build from the county line to Ileppner, na.s IlOw
been spent with the road completed only lis far as Lex
ington, six or seven miles short of the states estimate, and
that it is only a matter of fairness that the state shall,
without further delay, complete the road and save the
work already done from destruction.
Morrow county people voted to bond their county to
the limit to build good roads on the assurance of highway
commissioners, county and state officials and campaign
orators that the state would co-operate with them on a
50-50 basis in the construction of roads. The highway
commissioners should make that pledge good without
wailing lists or periods of advisement.
ine.-s. When it was learned that the
Oregon banks could not lend money
by the millions, the manufacturing
concern would seek another location,
rio it may be seen that' such a law
would run the borrowers and ..u?
lenders out of Oregon and when they
were gone the other people tf the
state would follow them. It would
injure the state less to pass a law
fixing the maximum price of potatoes
at one cent a pound. Such a law
might stop (he production of potatoes
here but the good spud would decor
ate Oregon tables just the same as
long as Oregon people had the mon
ey to buy the products of other
states.
DAIIiY AM) H.O(i SHOW AT
HKK.MISTON OCT. AM)
The Hermiston Dairy and Hog
siiow will be held in Hermiston on
October 8th and 9th. $1,000 will be
distributed to growers of pure bred
stock of Umatilla county, and a rec
ord attendance is expected.
F. R. Brown wears that smile that
don't come off the past few days-.
The reason? A fine son was born to
the Brown household last Tuesday
evening and all is well. Why not
smile asks F. R.
Not a Bad Description.
Natural hls-lnry was the siihert, nnd
the tcaelier linked: "Who can tell me
what nn oyster Is?" A shrill voire
culled out, "An oyster In a lish limit
like ii nut."
One Anjurnsju .yoist tnu H. C. of L.
"Don't ch:'r::c so much fur the cent.
li.Miiember, the chciiper It 8 the lt"-s J
shall owe you." Kinds Hans, Copeu-luH'en.
Height of Something or Other.
Our Idea "f the height of somelhlnc;
nr other Is a "Jimi-ikhiiuI corufed girl
lammed Into n tin bathtub that Is nt
l ached to n motorcycle. Arkansas
Thomas Cut.
Lesthcr in Cow and Horse Hides.
The hide of a '"' repre-ents thirty
ie pnlllHls- of leather, IIL'I that of n
hoi'M1 :t little more than half that
Hlinlllll.
thi'i ii iii&"iMai.iiMimiifi6MffaiBrei7tjii
Slar Theater
WEDNESDAY, OCTOBER, 6TII
lane (irav in
"When My Ship Comes In.
limn the novel by Ciouvcrneur Morris
Jt c and
THURSDAY, OCTOBER 7TII
I lai tv Carey in
"The Square Shooter.
Also reel Comedy
joe ami vVc
FRIDAY, OCTOBER 8TH
111. S. 1 lart in
"Square Deal Sanderson.
I'.ig Bill Halt a yn like to sec hint.
f and ,V h"
SATURDAY, OCTOBER 9TH
S 1 i . 1 I'u .i'iht .:tid l'"ben Cn.iVi"H in
"Dawn"
activity in this state."
I Let every individual think it over.
If your are denied the privilege of
borrowing money for your needs, if
every one of your friends and neigh
bors were in the same boat, if the
industries in Oregon are compelled
to close down for lack of funds to
carry on their business, Oregon
would be compelled to set her clock
back 700 years.
There is a measure on the ballot
in Oregon limiting interest rates in
Oregon on borrowed money to 5 per
cent. The danger in the bill is that
people denrous of securing 5 per
cent money may get the impression
that they will be able to secure loans
at this low rate if the bill carries.
If ,r per cent money were possible
in Oregon, the measure would be
line; but live per cent money Is not.
possible. The private citizen who
has money to loan would not put his
money out on notes or mortgages at
live per cent when he could get (jood
securities that pay six and up or lend
his money in other states at eight
lie would either invest in bonds of
some sort or lend his money in some
other state. To lend his money in
another state might cause a man in
po. Hension of surplus money to move
out of Oregon and In that wav leave
the 'state without surplus money in
the hands of private individuals-.
Many people of the state keep sav
ings in the banks and ret about 4
per cent interest. This money is
put mil by the banks an, on-- people
who need working capital. The us
ual rates Is I'uht per cent. It id
sure that the banks could not pay
piefetit rales for savings and put the
money out at live per cent. The
hank uuisl have money to cover run
ning expenses.
Then If the bank could not lend
money for live per cent, what would
happtn? The merchant or the
stock man who borrows money for
opcrutlnif expense would either have
to I educe his liuslnesii operation! to
unit Ih amount of rush or li tut tome
wny of icelltiK the money. About the
first mil leva hie result would be the
springing up of brokerage business)
in Onion, Thu.tiutn who wonted
money would make notes and sell
them through the broker. The
banks could buy the notes i t dis
count and In that wny pt a living
rale of IntireM, No dmibi interest
would mnge around o in 12 per
Cell I.
. There nr" f. w ai Cvc i.
would not llUe l hoi l "M
cheap The) (oiild iii.i!,.-
ih i I; tin )
NOTICE
Notice is hereby given that I, the
undersigned, tinder the laws of the
State of Oregon, have taken up the
animals hereinafter described while
running at large on my premises,
on Hinton cieek, in Morrow coun
ty, Oregon, to-wit :
One unhroke sorrel mare, weight
anout juuu pounds, age about 4 or1
5 years, branded B on left shoulder, j
One blue mare, about 12 years old, i
weight about 900 pounds, Hat brand
on left stifle. !
That I will, on
SATURDAY, OCTOBER 23, 1920
at the hour of 10:00 o'clock in the
forenoon of said day, unless the
same shall have been redeemed, at S
my ranch on Hinton creek, 5 miles
southeast of Heppner, in sxiid coun
ty and state, sell each and all of
said animals to the highest and best
bidders, for cash in hand, for the
purpose of paying the costs of tak
ing up, holding and selling said ani
mals, together with reasonable dam
ages for injury caused by said ani
mals running at large on said prem
ises. h. V. CKNTRY, '
Dated and fust published this 5th
day of October, 1920.
Saving is a Pleasure
Lots of people think saving money is a task.
It isn't Saving is a pleasure.
It gives pleasure and it brings pleasure.
Begin today and give yourself more pleasure
each month by depositing something in your sav
ins account.
Protection and privacy are
afforded by our Safe Depos
it Boxes for the keeping of
your Notes, Deeds, Bonds,
Contracts, Insurance Poli
cies and other valuable papers.
FIRST
NATIONAL BANK
Heppner, Oregon
fr.n'gMBCaqagBLiBnGE3gTOwr IWBW
At the Jay Devins Ranch, 8 mi. Northeast of Heppner
Saturday, Oct 16
Commencing at 11:00 A. M., I will sell the following
described property:
HORSES, CATTLE, ETC.
i i i m i ;
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Tun!-..
"Mi!. .'. ::
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llu- t!
H 11'
1 inu! i
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SUNDAY. OCTOISKR toTI I
,i!h r U v i. in
'You're Fired."
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.'- V .'II
W.in,
n.iiM
't r h H
! ',.,-
li.,uK V,
l.l'.t
ill! V
MONDAY. OCTOP.r.K nTll
vlv Dompsey and Uuth Roland
vU
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'. .i!-' V 'i uu-.I
K't it-w .
v an.! v
.1IH1
ii who D
money I
fl n, no. ; lb.) l..i. p.n' .f cheap M
I . ipit.il 'I In- ti-.-i t..i d' v ':M tik"- B
H to ..i fur hi" til -i. -it ' nit- B
fe i li.imh-.- mi ' i. .- . i me::
E .in-! I :i '. - k : .. : fii) I'.'
a !:!, i.i hn.- ti- ; .-!- ..in v at J
5 lm le i.,h 1 ! ,im it t .. ih, (n )
B I'.lll the i.l I w.it . I. 1 , m J . 1 1 1
K H !!- H e ' i"'! .- Ik t. - B
I' I.. I .H It : .-..-,! . J
..i.nr iti.in t." i.n ). !,.( .1.1 j . r H
!.l I.I II I I ... 11 I . . . , t, , . H
t!,... i' !I.S m It. . 'i t , - . ) f(-
I. - I li.iii I In- ti a' K . i x .i ; . . men i .
l '.. .. !... . .. ; ' , it ! - it I
! ..t It., v , I . ; . . nn 1
in I if r n ' ' ,' jj
.....I ...... . . . i Ii-. I I
Mjl l '. .- i l l.1. I
h.... l .n nt 1 . I.. I - IJ .I4- I
i 1 ii. II i. n f.U'.-. n . ..t l-.mm . I
' dene I
I in uf ! I
i BAY GELDING, Wt. 1500
1 BAY GELDING, Wt. 1500
1 BROWN GELDING, Wt. 1400
1 SORREL GELDING, Wt. 1400
1 BLACK MARE, Wt. 1300
1 BLACK MARE. Wt. 1300
1 GRAY MARE, Wt. 1400
1 BAY MARE and colt, Wt. 1300
1 BAY MARE. Wt. 1300
1 GRAY MARE and colt. Wt. 1200
3 YOUNG MARES
2 EAY GELDINGS, 3 years old
3 YEARLING COLTS
6 Head Work Horses, wt 1 200-1300
4 Head Two Year Old Colts
1 YEARLING MULE
4 MILCH COWS
8 HEAD HOGS
3 DOZ. CHICKENS
1 KAT COW, 5 years old
1 FAT CALF, 6 months old
FARM IMPLEMENTS
I Holt Combine. 16 foot cut
t ?-ltottom Gang Plow. 16 in.
1 3-!Jottom Gan Plow. 16 in.
1 Superior Wheat Drill
1 Bar Wecder
3 Wagons
3 Wheat Racks
6 Sets Harness
6 Collar
1. New Watering Trough
1 Chatham Fanning Mill
1 BugSy
t Mew Grind Stone
1 McConr.ick Rake
1 McCormick Mowing Machine
1 Harrow, 27-foot
2 Loy; Chains
TERMS OF SALE
Credit will be given to November 1, 1921, on approved notes at 8 per cent
interest. Sums of Sio and under cash. Five per cent discount for cash.
BIG FREE LUNCH AT NOON
(j.til" c rimr.in r-"r I
I.M.Ir .l)( ,-f t f. (
II ... r l.l cj'I n t !.
if 11 .n. r. ;i: I t I... 1
jliii-rl qu.iit 11 1- la r.it;
OLLIE FERGUSON, Owner
F. R. BROWN. Clerk.
F. A. McMENAMIN, Heprner, Or.. Auctioneer.
1 lb lu j
p .
0
6