THE GAZETTK-TIMKS. HFPPXEU, OREGON, THl'RSD AY, MARCH 20, 1919.
fAiiF. fcUiHI
t'lmilor 11007 llesrrre District N. 1-
KKrOUT OF THF. CONDITION OF THK
Farmers & Slockgrowers National Bank
AT ilMMWFK. IN THK STATE OE OKEtiON. AT THE CLOSE OE
1u s1nes on mkch 4, 1!m!.
ki-:sovkces.
Un:.- .iil discoiuus $270. 46-1. 7S
Ovi r.i f:s. unsecured 665.42
T. S i- :.ds a:;.! r:itU-aie ( imlel'Ulncs owned
;:! tmpUHlsul 16,000.00
L:h r us an H r,.i. :;-., 4. ard 4 u per cent, iiu-
p'.f.U.Hl 6,500.00
Sri u :-s ot'.er ti.au 1'. S. bonds t not iuelmlins
r- O'-vnci ntii!otl,s:cil a.145.4 1
St. i; Federal I.eserve Ilank (50 p,r cent of sitb-
s-ri;..j,n I. 1. 650.00
Pit-..if; e ami fix'ur.s . , 2,176. 2
La m-u :oscrve '. Federal Reserve Bank 16.3. 8.40
i"a. U i:i vault and ret annnmis due t'ro'.n aati.mal banks 23, 50?. 74
Net aoi' 'lints due from banks, bankers, and trust corn
ea:.! s other than included in Items l'i or 15 1,379.05
T-."a: f two Item above. 1 $ 24.SS7.79
Clicks "ii banks leeated outside of city or town, of re-
pi.rii'.g bank and other cash items 995.91
Interest '.urnc(i but not collected approximate on
No't-s and 1 .ills Receivable not past due 4,778.74
War S.-.rhips Certificates and Thrift Stamps actually
owi.ed 1.904.19
TOTAL - $351.547.22
- LIABILITIES.
Capital stock paid in - 50,000.00
Surnlus fund 10,000.00
Umlhidxl profits 7.699.67
Lcs current expenses, interest, and taxes
paid 1,892.61 5,807.06
Net amounts due to national banks ' 9,372.10
Net amounts due to banks, bankers, and trust com
panies 275.42
Certified checka outstanding 20.02
Gr.l.iei's checks on own bank outstanding 535.75
Total of Items 32, 33, 34 and 35 10,203.29
Individual deposits subject to check 218,904.62
Certificates of deposit due in less than 30 days (other
than ';;r money borrowed) 1,297.31
Total nf demand deposits (other than
bank deposits) subject to Reserve 220,201.93
Ccrtifiea'es of deposit (other than for money bor
rowed) - 25,024.63
Other time deposits ' 5,310.31
Total of time deposits subject to Re
serve 30,334.94
Fills ;:ay;bl; other than with Federal Reserve Bank,
including all ob'igatiui.s representing money bor
rowed, other than rediscounts 25,000.00
TOTAL -' - S351.5-17.22
State of Oregon, County of Mhtov, rs.
I, S. ". Spencar, Ca-shier of t.lie above-named bank, do solemnly
swear tl at the above statement is true to the best of my knowledge
and belief. ' S. V. SPENCER, Cashier.
Subscribed and sworn to before me tins 18th day of March, 1919.
(SEAL) -IOS. J. NYS, Notary Public.
My commission expires June 28th, 1919.
CORRECT Attest:
J. V. 3EYMER, JOS. M. HAYES, EMMET COCHRAN, Directors.
HARNESS
Tlu' re are still a few sots of that harness left from
the Stock Yards Sale.
These can be ordered through the
FARMERS' EXCHANGE
of the Inland Empire
at the prices quoted the day of the sale.
F. R. BROWN
Roberts Building Heppner, Ore.
"OPKX THK MILLS
AMI NOT THE MINTS'
ivers & Ackley
Look for us in the repair shop of Heppner Garage.
Best equipped machine and auto repair
shop in Morrow County. We rebuild
batteries, do Oxy-acetylene welding
and all kinds of machine work and auto
repairing, and guarantee all our work,
A Trial is all We Ask
We drive a Super-Six and will go any place any time.
Rivers & Ackley
PHONE MAIN 81
""PRINTING THAT PLEASES" THE Gazette-Times Shop
By Geo. B. Lock wood.
Af a conference of mayors and
s-'ate executives held at the White
House this week, the question of
employment for labor was discussed.
Tho suggestions made from adminis
trations quarters seemed to sn.uint
mostly toward the idea of putting
more people on the government pay
roll, or supporting more voters by
f deral. state or municipal enter
prise. 'The welfare of labor in this
country depends, as does the wel
fare of every other element of the
AmerieatCpeople, principally, upon
two things; the immediate cessation
of the long continued prgy of political
extravagance which is adding to the
daily living costs and heaping up
future tax burdens for the peoplo,
and. second, the removal from private
business enterprise of the paralyzing
S:aud of politics.
The war has been over, in effect,
for four months. Governmental ex
penditures attributed to war are
greater today than on the day the
armistice was signed. The army of
federal office holders has not begun
to demobilize. Congress has con
tinued to vote out. billions of . the
people's money as if money grew on
trees. A national administration
which preaches thrift to the people
practices waste on such a scale as
was never before imagined in history.
New political schemes, involving
vast additional appropriations, are
sorouted. They are proposed in the
name of social betterment, but they
involve the impoverishment of the
people and the bankruptcy of their
government unless they are halted,
a prospect made more remote by the
ocstponement of the date of assem
bling a Congress elacted by the
people partly in protest against the
present administration's program of
expropriation and appropriation.
Tlie-people. are told by the dema
gogues that the money the politicians
are raising and spending unneces
sarily comes out of the pockets of
the rich and that it affords a means
of redistributing- property. In the
end the people as a whole must pay
this bill. Land and labor produce all
original values, land and labor, the
farmer and the wage worker, must,
finally rav the fiddler. The adminis
tration sets the pace in extravagance
and waste; the example is Imitated
hv everv state, county, city and town
ship in the land. The saturnalia of
expenditure has caused an inflation
of the currency, with vast incidental
hardship to every person of fixed in
come, or income incapable of in
flation sufficient to keep pace with the
activities of the political money
spenders. And under this system i:
dividual profiteering is so fostered
that instead of the rich being made
poorer and the poor richer, the
iiumber of millionaires in the country
has been doubled in two years, while
the burdens of the consumer are in
creased almost beyond endurance.
Not satisfied with the oppor
tunities for money spending "afforded
by existing conditions, the politicals
are reaching out Tor new worlds to
jonquer. They would make the
world their parish. They would
organize a police force for the planet.
They would extend tre fabric of
jfficialism to envelop both hemi
spheres. They would feed clothe,
regulato and fight the battles of the
entire earth. They act as if they
.nought the resources of tho Ameri
can people are without limit, and
the possibilities of taxation have no
boundaries.
1 There is a bottom to every meal
barrel. There is an end to ever:
purse. There are limits beyon.
which the process of depleting th
private payrolls to fatten the publi
navrolls may not safely go. Think
ing in billions is glorious for the pol
Iticlans. but that sort of thinkiiu
cannot, like Tennyson's brook, go o..
forever, without taking account of tin
fact that there is a last straw oi
every camel's load; that these bill
ions must be earned as well as ex j
pended. I
Tim ereateet material, tne greates.
moral, the greatest patriotic issue o:
today is political extravagance aiu
waste, reflected in abnormal living
costs, taxes under which business en
terprise is staggering, a currency de
preciated in purchasing power, and a
fear of the future which halts bus
iness enterprise. An effort is being
made to divert the attention of the
people from the situation, first, by
the theory that every Dody is going
to be supported by the government
under the new freedom, and, second,
that a scheme of world reconstruction
Is under way which will bring peace
and prosperity to mankind through
the phrases of a new world constitu
tion. It was said of Germany before the
world war that every citizen carried
a soldier on his back. It is coming
about in this country that every
citizen is carrying a politician on his
back. The people are already stag
gering under this burden, and the
politicians responsible are lying to
them as to the real causes of their
difficulty, and telling them that the
remedy is to pat two politicians on
3ach back by voting money out of the
treasury to fatten the public payroll
ind the bankroll of tho public
functionaries. JThe resistance to this
process on the part of the minority
jarty since the war ended has been
ill too feeble. It must become or
;anized and miliant, and reflect it
self in the policies of Republicanism
as represented in Congress, or that
Republican majority will be swept
out of power by the same sentiment
which swept it in.
"Carthage must be destroyed,"
was the daily cry of a Roman senator,
repeated until the thing was accom
plished. , "Extravagance and waste
must be 'ended, political oppression
of and hindrance to honest and
legitimate business enterprise must
cease," should be the cry of every
Republican and of every thoughtful,
patriotic American, from now on,
dinned in the ears of his neighbors
and conveyed to his representatives
at Washington. For, stripping all
other issues of their fine phrases and
exalted imagery and inflated boinr
bast, we see t.t the evil of political
waste and political enslavement of
the productive processes of the peo
ple is the menace which throws its
shadow on every American home,
and which must be met and fought
and whipped if this country is to be
saved from irretrievable disaster.
Heppner Delegation Here.
For the purpose of consulting with
W. L. Thompson, acting chairman of
the state highway commission a dele
gation of Heppnerites is here today.
Those in the party are C. E. Wood
is. 'ii, joint representative; W. O.
Minor, W. T. Campbell, county
judge; G. A. Bleakman, county com
missioner; E. R. Brown, manager of
the Farmers Exchange and Vawter 1
Crawford, publisher of the Gazette-i
Times. Saturday's E. O. , i
S8
Best for the West
Established 1885
Delicious Sweet
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Exceptionally early and
in flavor and tenderness
not equalled by any
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and the kernels plump
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a thousand other veg
etables best for the West,
may be selected from
Jig catalog and found
at your dealers.
Write Jjgj Seattle or Portland for Catalog, Free.
THE GAZETTE-TIMES, Your Home Paper. $2.00 Per Yea;.
Lambing is now in full sway in I
most parts of the county and the
sheepmen report splendid ' averages.
The weather conditions have been
good for the most part and the
season promises to be very successful.
l'HY IT SVCCKKDS.
Ilerause It's For One, Tiling Only, and
Heppner People Appreciate This.
Nothing can be good for every
thing. "
Doing one thing well brings suc
cess. Doan's Kidney Pills are for one
thing only.
For weak or disordered kidneys.
Here is Heppner evidence to prove
their worth.
J. C. Ball, retired farmer, says:
"It has been several years since I
have had occasion to tako Doan's
Kidney Pills but speaking from past
experience, I can conscientiously say
they are a splendid medicine for
backache and kidney disorders."
Price 60c, at all dealers. Don'l
simply ask for a kidney remedy get
Doan's Kidney Pills thfe same tha'
Mr. Ball had. Foster-Milburn Co.
- - ttffTlo. y.
At Morgan Feed Yard
22 Head Herefords and Shorthorns, ages form 10 to
22 months. All registered. Just arrived
from Iowa.
ARTHUR MARTIN
HEPPNER, OREGON
or phone County Agent F. R. Brown.
II
She kept her promise true
EVEN THOUGH IT SENT HER SOL
DIER LOVER BACK TO FRANCE.
William Fox Presents PEGGY HYLAND in
Bonnie
k
me Laurie
An enthralling tale of romance and patriotism in loyal Scot
land and bloody France.
Thursday (tonight) & Friday Jar. 20&21
Saturday, March 22
Douglas
Fairbanks
In MANHATTEN MADNESS
Sunday, March 23
Wm. Russell
in
UP
ROMANCE ROAD
Monday, March 24
A gripping story of New York's slums and palaces.
Empty Pockets
No children under 16 years admitted unless accompanied by parent or guardian
ADMISSION PRICES FOR "EMPTY POCKETS "WILL BE 25 and 35 Cts.