PLAN FOR RURAL
C5 Coua? Cu!
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DOC
The First National Bank
Of Heppner
MSB
3
'ii
Senate Measure Provides
CAPITAL STOCK,
TOTAL RESOURCES,
$100,000.00
804,442.45
We offer the services of a well-equipped
bank with sufficient capital
and resources to care for the
needs of our territory
New Accounts Invited
Four per cent, paid on Savings Accounts
Exchange bought and sold
We issue exchange on all important Foreign Cities
ESTABLISHED IN 1887
BEST MEALS IN TOWN EVERYTHING FIRST CLASS
Elkhora Restaurant
MEALS ALL HOURS.
Fresh Oysters all the Time
Fish Every Day
Can supply the trade with meats and
fishthe choicest in the market.
Call outside meal hours.
THERE'LL BE NO GUESS WORK WHEN YOU BUY
YOUR HARVWARE FROM US.
WE KNOW WHICH BRANDS WILL STAND THE HARD
WEAR.
WHEN YOU NEED ANYTHING IN HARDWARE. FROM
A CARPET TACK UP, COME TO US. YOU'LL FIND IT
IL OUR STORE.
WE DO BUSINESS ON THE SQUARE.
"DIAMOND EDGE" TOOLS ARE THE STANDARD OF
THD WORLD. EVERYONE GUARANTEED. YOU WILL
MAKE NO MISTAKE WHEN YOU BUY THE "DIAMOND
EDGE" BRAND.
COME AND SEE US.
Gilliam Bisbee
The forestry service experts
agricultural department, in mak
ing a study of grazing lands in
the national reserves have dis
covered 125 different varieties of
new species of plants which are
now being studied and classified
by the botanists connected with
the department. Every acre of
national forest reserve land is be
ing investigated as to which kind
of stock is best adapted for that
particular reserve, in that way
the discovery was made. In
some reserves that apparently
have a luxuriant growth of for
age plant stock will not eat the
growth and the land is being put
to no use. Government maps are
being prepared showing whati
kind of stock is adapted to differ-J
ent sections of each reserve.
Hundreds of acres of land that
will produce between 50 and 60
bushels of wheat to the acre is
the encouraging status in the
grain situation in the Grande
Konde valley. Charles Playle,
an Alicel rancher, is the first to
cut and thresh grain this year
and his crop is yielding 54 bush
els to the acre. There are large
fields that loom up in this vicinity
equally as well and some large
fields will run better than that, it
is said. Harvest is on full blast
this week and a yield of 1,500,000
bushels in this valley is indicated.
La Grande Cor. E. O.
This is to remind the reader
that the fall fair season is not far
off and he should be making prep
arations to enjoy one or more of
these annual festivities to the
very fullest extent.
Scheme to Aid Farmers.
Loans for Fifty Years.
A national rural banking sys
tem was proposed in a bill in
troduced the past week in the
United States senate by Senator
Fletcher, chairman of the Amer
ican commission on rural credits,
appointed by the president.
The bill proposes a system of
local national rural banks owned
and operated by farmers; a state
national rural bank in each state,
to be owned and controlled by
the local banks as stockholders,
and a national bank of the United
States, to be located in Washing
ton, to be owned entirely by the
state rural banks.
To supervise the proposed chain
of banks there would be created
in the treasury department a div
ision of rural banking under the
direction of a "rural banking
board," to consist of the secre
taries of the tneasury, agriculture
and labor. The division would
be under the immediate jurisdic
tion of a "director of rural bank
ing to be appointed by the president."
The main purpose of the banks
would be to furnish funds to
farmers on long term farm bonds
or notes, secured by liens on
farms at not exceeding 60 per
cent of their value. Loans would
be secured first by a local bank,
then by a state bank and last by
the national bank of the United
States, and they would run from
20 to 50 years. The national
rural bank is designed to have a
capital and surplus exceeding
$100,000,000, while the stock of
each local bank would be limited
to $2,000,000.
Senator Fletcher, speaking in
the senate, urged the immediate
consideration of the measure by
the banking committee and Its
passage at the special session of
congress; he expressed approval
of the administration currency
bill as a commercial banking bill
but said it would not meet the
needs of the agricultural com
munities, because of the neces
sity of long-term loans.
"It is obvious," said Senator
Fletcher, "that the only method
of furnishing capital for require
ments of the farmer is the crea
tion of a long-term first-mortgage
bond, secured on his land, which
bond shall contain a sinking fund
provision so that an amount shall
be set aside each year to pay off
the bond when it matures. The
farmers' loans should run from
20 to 50 years. No bank can
loan money for such length of
time. The money must be bor
rowed from the investing public.
Here is where a special system
of banks is needed, which will be
authorized to use their credit in
guaranteeing such bonds under
restrictions which will reduce the
risk of such guarantee to a min
imum." The proposed federal reserve
system, the senator said, did not
offer much relief, and the pro
visions of his measure, he main
tained, though not perfect, would
meet the requirements.
Stanfield has begun to ship its
peach crop. At the present from
90 to 150 boxes are shipped daily
mostly of the Larly Crawford
variety. A little later, when the
Elbertas are ready for shipment.
it is expected they will go out in
car load lots.
The close fisted miser who is
afraid to invest a dollar in boost
ing his own town should remem
ber that shrouds have no pockets.
A professional pugilist has
given up a situation in St. Louis
teaching society women how to
box; the pugilistic instructor is
credited with saying that the
shifting waist line, from Empress
effects to the Bulgarian waist,
was entirely too much to remem
ber when giving lessons.
We are Headquarters for
r ii
I HARVEST SUPPLIES i
Hill HI! VI V ILmJ 11 hJsJril il IL&lllL&htF v:
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Thomson Bros
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tyfear Holeproof ffos rana Ipna Ubc ftfezd?
is
Holeproof Hosiery
TSJO DARNING I Think what a blessing
that means to you. '
Because si x pairs of Holeproof Hose are
GUARANTEED against holes for six
months or new hose are furnished FREE
promptly and cheerfully.
And these soft snuff-ntting hose cost
no more than ordinary hosiery!
We are carry ing sev
eral of the leading
brands in wearing
apparel and foremost
among these is
HOLEPROOF
HOSIERY
Holeproof Hosierc
TJOLEPROOP Hose are knit from Seat
A A Island and Egyptian yarns. Tlwse
yarns, because of their wearing qua!itii
and softness, cost 74c a lb., about twacas
as much as ordinary yarns.
Best of all six pairs are guaranteed1 -wear
six months without holes, or cerw
hose are furnished free promptly aawS
cheerfully.
P 1
in
If you want the BEST in Footwear, call on
SAM HUGHES
n
Livery & Feed
Stables
WILLIS STEWART. Prop.
First Class Livery Rigs
kept constantly on hand
and can bo furnished on
short notice .to parties
wishing' to drive into
the interior. First class
Read the
Royal
Guarantee
era.-"
JVw ..l..-si J-..: '1
Mode!
Hacks and Buggies
Call around and see us.
We cater to the : : :
Commercial Travel
ers and Camping
Parties
TVbytntrr" Bac1t-Sp?cpr
TiUinar Paper Table
improvement arc foutvi
Rcjai, incIuJin s,t.era
An experiment in the long
distance shipment of perishable
fruit is about to be tried within a
few days. An entire carload of
peaches is to be dispatched to
Europe from the Yakima country,
and in this shipment only the
finest selected Elbertas will be
used. While the regulation box
es will be used, the layers of
fruit will be separated by a layer
Of wood fibre as a protection' NOTICE to al! Fruit Growers and
acrainst. rnncrh rinnHlinor onrl Tnc. Dealers So c.ly or wormy fruit
sible damage. If this trial ship-iwi11 be pecroitttJd in any market in
ment proves a success, it is prob- Morrow county,
able that an extensive business in 1 HARRY CUMMINGS.
peaches will be developed by Pa- Frnit Inf"pector of Morrow County
cific Northwest fruit exchanges.1 M-6i0m.
and can furnish rigs and
driver on short notice.
HEPPNER, ORE.
All the f.nal touches of tv
at their best in the new I
catercs found en no oilier r.;acl::'nc.
Kot the leart cf the mnnv Iiovr.I features are its SIMPLICITY'
and DURABILITY. We' have yet t learn of a Royal that
has worn out in reasonable scniee.
The Royal is the machine cf LCONOMY not in the first
cost alone, t ut also in the mcney it saves through years of
perfect operation and practica!'y remitters scrticc. Rend the
Royal Guarantee; that's the Lais r.pn which we want you
to consider the RoyaL '
Get "The Royal Book
f.Lo Free Demonstration
Guarantee
can hire, -v. 9
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f--r SioOc1. 1 with
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Vawter Crawford
Heppner AGENT Oregor