The gazette-times. (Heppner, Or.) 1912-1925, August 24, 1916, Page PAGE FOUR, Image 4

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    PAGE FOrR
THE GAZETTE-TIMES. HEPPN'ER. ORE.. THURSDAY, At'G. 24. 1118
THE GAZETTE-TIMES.
The Heppner Gaiettc, Established
Mart'h So. im-3.
The Heppner Times, Kstablished No
vember IS. 19?
Consolidated February 15. 112.
VAWTEil CRAWFORD - - Proprietor
ARTHVK R CRAWFORD - - - Editor
Issued everv Thursday morning:, and
tntered at the Postolliee at Heppner,
Oresm. as second-class mntter.
SUBSCRIPTION RATES:
One year 1.P0
Six Months "
Three Months 5f
Single Copies 05
MORROW fOl TV OKKU lAb PAI'KH
Thursday, Aug. 24. 1916.
THIS IS TRVE.
In commenting on the recent sale
oi the Benge farm to W. 11. Padberg
in this county. The Condon Times
says: " but this method of add
ing more land to large farms is just
what is the most serious drawback to
the development of the country. This
purchase will probably send a family
out of Morrow county, and the buyer
may not stop there, but will, no
doubt, buy more land and another
family will leave, and then another,
until that part of the county is almost
depopulated and all the land in the
hands of one man."
This is true: Mr. Benge is already
making preparations to leave Morrow
county, for a time at least, and we
lose one of our best families.
On the other hand, Mr. Padberg is
only to be congratulated on his keen
business judgment. When he bought
the Benge ranch, he got one of the
finest wheat farms in the county and
at a figure that will never again be
as low.
It may be Mr. Padberg's intention
to sell off a part of this in later years
when realty values have doubled or
trebled the present price.
WHAT THK FARMER RISKS AND
;.IXS VXDEK XEW ACT.
Just three weeks from today the
Fourth Annual Morrow County Fair
will be on in full blast. Will you
be there?
Yes, so far as the Blue Trail is con
cerned, Heppner will have "a place
in the sun." Yet we are only goin?;
out after what we are justly entitled
to.
From the condition of the Willow
creek road, both above and below
Heppner, at present we wonder what
it will be like after the wheat haul
ing season is over.
It snowed in August. The moun
tains south of Heppner received about
an inch of the beautiful one day last
week. Truly this is a remarkable
season.
In another column of this paper
appears a notice from the city mar
shal asking people to rid their prem
ises and the streets in front of their
property from weeds. Attention is
called to the fact that weeds add to
the danger from fire. Also they make
an unsightly appearance. We trust
everyone of our property owners will
heed the request.
In the August issue of the Oregon
Retailers Journal appears the picture
of M. E. Smead, son of Mr. and Mrs.
W. W. Smead of this city. Mr.
Smead was the efficient secretary for
Buyers' Week and largely responsible
for the success of that event. In his
secretarial capacity Mr. Smead has
been given many responsible jobs and
has proven to be a master in the
handling of details. Many Portend
business men's excursions have tetn
intrusted to Maurice and in every
event he has handled things in a high
ly creditable manner. He has been
connected with the Portland Chamber
of Commerce the past three years and
is making good.
1)0 YOU KNOW?
Do you know of a mail order house
that has ever contributed one cent in
taxes or otherwise toward defraying
the expenses of your town?
Do you know of one that has ever
contributed a cent toward your chur
ches or your school?
Do you know of one that has con
tributed a cent to the welfare of the
community in any manner, shape or
form?
Do you know of one that has done
but pull money out of the community
money which never comes back.
Do you know that the traveling
salesman who visits your town to sell
goods to the merchant spends thous
ands of dollars per annum for hotel
bills, drayage, automobiles, cigars and
laundry?
Do you know that the money spent
by traveling salesmen who visit your
town goes at once into circulation to
the butcher, baker, grocery store, the
truck farmer, the barber and the liv
ery man?
Do you know that the money spent
in your town by traveling salesmen
visiting your town goes almost Im
mediately to the bank and becomes
working capital for your merchants?
Do you know that the mail order
house never sends out a traveling
salesman, whose spending would go
to build up your town?
If you know all these things, ad
vise your friends to patronize your
home merchants who buy from the
traveling man who visits your town
and do likewise yourself. Oregon
Retailers Journal.
The Federal farm loan act is the
Magna Charta of American farm fi
nance," says the foreword in "The
Federal Farm Loan System," a new
book by Herbert Myrick, author of
"Co-operative Finance," "How to co
operate," etc., and published by the
Orange Judd Co., New York.
Mr. Myrick tells the reader much
about the recently enacted rural cred
its law; what it is and how it works.
Every farmer and student of finance
may gather considerable useful in
formation by reading this book. It
contains, incidentally, the full text of
the new law.
Among the advantages to the farm
er, pointed out by Mr. Myrick, are
these:
He may borrow money upon long
term notes, extending from 6 to 40
years.
He pays interest not to exceed 5
per cent.
He owns all the stock in the federal
land banks and has the sole voting
power in the local land associations.
He pays a little of the principal
each six months.
He has the privilege of paying off
the debt faster if desired.
He may invest savings in farm
loan bonds, paying from 4 to 5 per
cent, and which are nontaxable.
"The strictly limited incurred by
the individual farmer deserves to be
emphasized," says Mr. Myrick.
Then he elucidates:
For instance, suppose you hold 10
shares amounting to J 50 (upon
which you had borrowed $1,000).
If the association got into financial
difficulties, you might lose some part
or all of the $50. If all the land of
members were washed away, and all
the members failed to meet their pay
ments which is unthinkable you
might be called upon for as much as
50 more. This is the same liability
that inheres to shares of national
banks.
It should be almost impossible, un
der the strict supervision which the
new system provides, for any national
farm loan association to get so deep
ly involved as to cost the sharehold
ers any part of the mgney they paid
in for shares.
In the event that your local as
sociation should become so involved
that you would have to lose the $50
you have paid in and be called upon
for $50 more, your own farm, even
though mortgaged to the association,
is not further involved in any way.
In the instance cited, you paid $50
for 10 shares because you wanted to
borrow $1,000 on a long-time mort
gage on your farm worth $2,000 or
more. Now, if some calamity killed
all the other members and washed
away their land, but left you alive
and your property intact, even in that
almost unimaginable event, you
could be called to pay up only $50
more than the $50 you paid in ori
ginally for your shares.
Now suppose that at tne lime this
quite impossible calamity occurred,
there was a balance due from you of
$500 on your mortgage. The mort
gage, though indorsed by your as
sociation, is in fact held by the fede
ral land bank, to which you must con
tinue to pay the installments as they
come due under the contract.
As long as you do that, your mort
gage can never be called or fore
closed. And no matter what happens
to other members or to their property
your farm, your home, all the real
estate covered by the mortgage, U
free from any liability whatever to
the other members or to the holders
of securities for which the various
mortgages are held as collateral by
the federal land bank.
"This thoroughly American plan of
American farm finance," says Mr. My
rick, "is the best plan yet to be de
vised for the farmer, but it you don't
organize to control it yourself, how
can you complain if capitalists or
ganize the joint stock land banks the
act authorizes?" Rural Weekly,
pays for the casual inspection, and
the law is perfunstorily satisfied.
The public grows impatient over
the frequency with which courts find
conflict between statutes and the con
stitution, but we sometimes think
that it would be a great thing if the
courts were as well empowered to set
aside laws that violate the fundamen
tals of common sense.
ANOTHER VICIOUS MEASURE
That the Fair Board's boast that
this year's fair will be "Bigger and
Better" is not an idle one is our con
elusion after hearing the favorable
reports concerning the excellent ex
hibits already partially prepared.
SAMPLE OF FOOL LAW.
(From the Portland Oregonian.)
One of the most useless and sense
"less laws Oregon possesses is that
known as the eugenic marriage law.
It requires a certificate of physi
cal fitness only of the male . If a
Portland man knows he is physically
unfit he goes to Vancouver for his
marriage license. The trip costs 50
cents for himself and bride, and he
not only obtains the license without
embarrassing questions or examina
tion and the $3.50 he would have paid
in Oregon for examination and notari
al acknowledgement.
Many persons, physically sound,
go to Vancouver for marriage licens
es as a matter of economy. The cost
to Multnomah County of this pil
grimage of both classes is about $4,-
1 000 a year in licenses that would be
paid into its treasury if it were not
i for the law.
I There are, it is true, many county
; seats from whence the thrifty or de
fective bridegroom may not get to a
i neighboring state at small cost.
There he pays his fees to the notary
public. For this grudged payment
he gets nothing of value to himself
or the state. The physician can
not make an accurate test for the
prescribed legal fee. The bridegroom
(Elbert Bede in Cottage Grove Sen
tinel.)
There will be found upon the ballot
this year the most vicious single tax
measure ever presented to the voters
of Oregon. It will appear under the
title, "Full Rental Value Land Tv
a :d Homesteaders Loan Fund Amend
ment."
While the wording of the measure
is somewhat indefinite, its enactment
would undoubtedly mean the substi
tution of a full rental tax on all land
in lieu of all other taxes.
It would make no difference whet
her or not such a tax raised twice as
much money as was needed, or whet
her it produced only one-quarter the
necessary fund.
What would be the results of such
a tax?
Suppose you own 160 acres.
Uuder this measure you would pav
to the state the full earning capacity
of the land.
Therefore, the land would be worth
not a cent to you. The man who
rented a niece of equal value would
earn just as much from his rented
land and would have no investment.
If you should rent your land, the
full rental would go to the state.
If the full rental tax was not paid
the land would become the property
of the state and could never again
pass into private hands.
If that lan t pure, unadulterated
single tax, what is?
But that isn't all.
Is it the tendency of renters to
improve land, or to let it deteriorate?
The latter, of course.
So our lands and farm buildings
k ould gradually deteriorate would be
come less productive and we would go
backward, Instead of forward.
Under this measure the full earn
ing capacity of the land goes to the
state for tax. Therefore there is
nothing left with which to take up
the mortgage. The mortgagor could
not pay the mortgage, so the mort
gagee would have to take the land,
and the land would be worthless to
him, for its earnings would go to
the state.
Therefore this measure would rob
all those holding mortgages of all the
money thus invested.
Is it any wonder that with such
freak laws coming uo at every elec
tion people hestitate to put their mo
ney into Oregon lands or to loan mo
ney on Oregon lands?
t
?
?
?
t
?
?
f
?
?
?
t
t
t
?
?
t
i
t
?
t
t
?
n n i
W M W
nhl
1 -J LLI&J Li,iy I v I $
SEPTEMBER
14, 15, 16, 1916
This would be a good time to straw
all the roads.
Auto tourist travel through Hepp
ner is increasing.
More artesian water in North Mor
row means more people in that sec
tion and a consequent more rapid de
velopment.
Miss Elaine Sigsbee returned to
her home in this city last Tuesday
evening after visiting a couple of
weeks at the Vawter Crawford home
in lone.
01 Forbes of lone passed through
Heppner last Tuesday.
FOR SALE Several head of work
horses, both broke and unbroken.
Can see them at my Tub Serines
ranch. JAS. CARTV.
Yellowstone
The National Paradise
for Animal Life and
Animal Lovers
Tne oldest, largest and test
known of all our National
Park sj also the most livable.
Reed what Secretary Lane
says about the park in a book
let reprinted by
UNION PACIFIC
POPULAR ROUTE TO
YELLOWSTONE
and let us Kelp plan a trip
for you this season.
Tni interesting book,
together with trip com, and othtr
information
FREE
upon application to any
0-W.R.R.&N.
AGENT
or th
GENERAL
PASSENGER
AGENT, Portland
j
Entertaining Educational Amusing
I
t
T
t
T
?
t
t
?
T
t
?
?
t
?
T
t
?
?
X
I
T
i
T
T
T
I
I
I
I
I
I
I
I
I
I
T
i
T
RT MITER. Aviator
In Thrilling Dives and Loops. He
performs the most thrilling stunts
ever attempted by an aviator.
THE ELKS' BAND, Of La Grande
one of Oregon's premier musical or
ganizations, will furnish music
on all three days.
Amusements A P!enty---RolZF
Wheel, Dog
and Pony Show, African Jungle and Girl Show,
Aeroplane, Portland Ad Club Quartette, Punch
and Judy Show, Magician, Flying Trapese and
Revolving Ladder Act three times daily, Elks'
Band of La Grande, Dancing and Other Features.
Lectures on Subjects of Interest to Agricul
turists, Horticulturists and Stockmen.
Colt Show. Stock Judging Contest
Best County Fair In Oregon
Don't Fail to Come
! W. W. SMEAD, Secretary
t
f
?
f
t
t
f
?
?
?
I
f
?
?
?
?
f
t
t
t
T
T
t
t
T
J
?
?
?
?
t
T
t
t
t
t
?
?
t
t
?
?
?
T
t
?
t
t
?
f
f
1