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About The gazette-times. (Heppner, Or.) 1912-1925 | View Entire Issue (Aug. 11, 1921)
THF. OAZKTTE-T1MES. IIKITNEtt. OREGON, TIU'KSIUY. Al'lU'ST 11. 1021 rA7 roni WofTTniRtiCr'rROAl kUSSiA THESE MEN ARE RULERS 3) ilnc e oiinsi II if Mr W After 500 Miles Drain and Refill There you have the first of the two most impor tant rules for motor safety. The second is fill with the very best oil you can buy call here and get the correct weight of pSeMSI illy Puritan Oils carried in all weights, making an oil for every car, truck and tractor. All accessories for Ford cars always in stock. A CARLOAD OF FORD CARS TO ARRIVE SHORTLY. Try Us for Service Latourell Auto Co. Heppner, Oregon il THE GAZETTE-TIMES Is Your Home Paper. It Is A Very Fine Investment At $2.00 Per Year. "Perhaps You Don't Know" says the Good Judge How long a little of the Real Tobacco Chew will last. Nor how much gen uine chewing satisfac tion the full, rich real tobacco taste will give. Ask any man who uses the Real Tobacco Chew. He will tell you that this class of tobacco will give more satisfac tionand at less cost than the ordinary kind. Put up in two styles W-B CUT is a long fine-cut tobacco RIGHT CUT is a short-cut tobacco 3 We learn to creep before we walk; mofi things we try seem slow at firft, but persever ance 'wins. Impatience Is An Enemy of Thrift Some folks become impa tient because they cannot amass a fortune in a day or a year. They fail to realize that every enterprise has a small beginning. If these people would avail themselves of the aid this bank offers, this impa tience would soon be overcome. We pay 4 on savings. FARMERS & STOCKGROWERS NATIONAL BANK THE BUSY LINE Of all sad words of tongue or pen, I that aggravate the ears of men, until i the weak ones want to cuss, while repetition makes things wuss, the oitterest woras mat come my way, is, when I hear the central say, line s Dizzy!" It allers makes me fairly groan, to grab that handy office phone, and growl a" number in the thing, expect- in that the gal will ring, when click-etty-click" there comes a buzz that would upset the Man of Uz "Line's bizzy!" It lacerates a fellers wits, an Hete is a most interesting photograph which wa recently smuggled out of Russia and purchased on its arrival in this country bv the Autocaster service, of which this paper is a member. The men shown are Lenin's assistants and the picture shows the kind of men who rule Russia. The man with his hand on the table is Kamenor, governor of Moscow., . Administration Favors Lower Discount Rates Looked Upon as Most Import-I ant In Stimulating Business and Equalizing Exchange Washington, August 7. One of the most important contributions to the certain improvement of business since the incoming of the Harding administration has been the steady lowering of the discount rate by Fed eral Reserve Banks. The last re duction of 5 1-2 per cent, effective July 21 in the Reserve districts of Boston, New York, Philadelphia and San Francisco is the third since March. At that time the discount rate was at its peak 7 per cent. In April it was reduced to 6 1-2 per cent and in June to 6 per cent. While all districts have not followed the example of these four, it is expect ed they soon will do so. In any event the action of the four has far reaching beneficial influence in the money market as together they han dle by far the majority of the na tion's business. It is considered of unusual signi ficance in financial circles that the Bank of England has followed the example of these Reserve Banks and made similar reductions in its discounts at approximately the same time they were made in this coun try. The whole purpose of these reduc tions, with which the Harding ad ministration is unusually sympathet ic, is to make it easier for the bus iness man, the manufacturer, the shipper, the fanner, the investor to get money and thereby furnish a natural, legitimate stimulus to busi ness. It is simply reversing the pro cess that took place when the coun try was on a spending spree and money was being prodigally borrow ed for speculative and non-productive purposes. To stop that orgy the discount rate was advanced. In other words, the cost of hiring capital was arbitrarily raised by the banks hav ing the capital. At that time it was good business, good banking, good economics. I Now the situation is reversed.; Banks have capital piled up and idle. Forty per cent of all the world's gold supply fs in this country, forcing the ' rest of the world to a cheap money ; basis and lowering their standards. of value. This contributes to the enormous difference in foreign ex change. It makes the American dol lar so high that foreign nations can not buy it or its equivalent in tmnHc nrnrtnrfQ ptr It hfdrts choke ' , . --r our foreign trade. The high wages charged by banks for use of their capital was also choking American enterprise, and re tarding a return to normal conditions in this country. The lowering of the! rate induces borrowing, and starts' again the turning over of capital. It brings into circulation not the aris-' tocratic dollar who moves about leis urely at a high wage, but the demo cratic nimble dollar which hustles around to earn its moderate wage. It will begin to eat away the wide margin that now separates the amer ican dollar from foreign exchanges and thereby will stimulate foreign buying in American markets. that the largest Federal Reserve Districts of this country and the Bank of England have both low ered their rate to 5 1-2 per cent may be taken as positive proof that in the opinion of the highest and wisest fi nancial circles the crisis has passed and things are now on the road to better times. It means ample credit will be available to those who have written their inventories down to their proper value, that industrial conditions will improve, that buyers will again seek the market. It is the administration's idea of helping bus iness in a legitimate way without env barking upon quasi-socialistic menY ods. SMILE AWHILE GOES TO INVITE FOCH TO LEGION CONFAB. Militant Journalism. "How many papers in this town?" asked the stranger in Chiggersville, "One." "But I understood there were two the Clarion and the Times." "Sir, I am the editor of the Clar ion. I never have recognized and never will recognize the existence of a competitor. Birmingham Age Herald. Why It Is Necessary. "Why is scantiness of attire con sidered so necessary in art?" "You see," replied the eminent sculptor, "it takes a long time to make a statue and we couldn't afford to have it left on our hands because the clothes were out of style." Washington Star. The "Light House." There are twenty-eight languages spoken in Chicago, not counting golf and baseball. Our policemen under stand all of them. A nice old lady, who seemed very little and very much lost, blocked the traffic on State and Madison streets the other day and poured her troubles into the i " It ' ' , X Jf ... T J Marshal Foch will receive a per sonal invitation to attend the an nual convention of the American Legion. Major Charles W. Bart lett, of Kansas City, sails to deliver the invitation to the great French man. While in France he will se lect a site for the memorial to be erected hy the State of Missouri in honor of its sons who fell there. NEWS PHOTOGRAPH FROM JAPAN " ' ... : I ... I ummw il IlOWII ur : a r,w nirin that has lust arrived from Tana a parade during the recent great strike at Osaka. Until lain;. Jap has never in her history "enjoyed" a Strike. Note the banners, just hk in Mclica land WHEN POP SAID YOU WP3 A BIG SIMP, MOM STOOD UP FOR YOU SHE DID I A I I SAY- PiLTTV AIN'T I 5T3I UnMC THE ONLY ONE THAT 1 fSM A BI5 IW,MOM TWU g. s W jj ' 7i J 5HE TOLD POP HE Wi 9 ES 1 1 HAN TO JUBGE "I JL OUGHTArSNOW BETTER-i W A FILLER BV HIS I V f makes him paw, an' champ the bits, when he puts in a hurry call, that von't admit delay at all, Of course it flops him, mighty near, to have it gritted in his ear "Line's bizzy!" You know I hardly ever grouch, or duck my game, or holler "ouch," but when I hear that doggone click, it mighty nearly makes me sick, and throws my patience out of whack, to ketch that everlastin' quack, "Line's bizzy!" sympathetic ear of the crossing cop Vare is der light house, please i she inquired. "Want to pay your gas bill, lady?" said the understand ing officer. Jas, she smiled "Michigan avenue, at Adams street, two blocks south, and-two blocks east," said he, indicating the way and placing her safely on the curb. Gee but you're a wonder," said the gas man, who happened to be a bystand er. "Easy," said the cop. "The cor ner of her gas bill was sticking out of her bag," and he plunged back jnto the traffic for more problems to solve. Peoples Gas Gazette. Equally Rich. "So this is Hollywood?" "Yes." "And I suppose all these handsome residences and grounds belong to mo tion picture stars?" 'All but that imposing mansion on the corner there. It belongs to a celebrated divorce lawyer." Birm ingham Age-Herald. Honest Tom. "I'm glad I broke my engagement with Tom," Mabel observed indig nantly. "He's no gentleman. "Why, I have always thought him one, less commented in surprise. "What has he done?" 'Well, I sent him back his presents that is, all except the diamond ring and a few other things that I was really entitled to, considering how many times he had taken dinner at our house and all, and asked him to return mine." "Well, did he refuse?" "He did not. He not only sent back a box of cigars, unopened and a penwiper-and a knit necktie, but he sent also five boxes of face powder, saying he estimated that to be about the quantity he had taken away on his coat during the time we were en gaged." Houston Post. tocle Jcte tfcsfa AN OPTIMIST IS ONE WHO KEEPS HIS WINDOWS OPEN TOWARDS TOMORROW CHAMPION ??? Johnny Wilson still claims the middleweight crown, BUT in his recent fight with Bryant Downey in Cleveland he was knocked down three times in the seventh round, and according to the official time keeper, Wilson stayed down thir teen seconds the first time and eleven seconds the second trip. Jimmy Gardner of Boston, who Wilson insisted referee the fight, claimed that he was fouled in get ting to his feet after the third knock down and awarded him the fight. But the Cleveland Boxing Commis lion proclaimed Downey the new champ, which makes us wonder "When is a champ not a champ?" On, Willie, Willie! Little Willie had been hearing his father boast to his friends of his new car and its ability to take the steep est hills. At the Sunday supper table he suddenly astonished his parents by demanding: "Pa, does the Lord Almighty own a Rolls-Fierce, too?" "Great Scott, no, son. Whatever put that into your head?" "Well, at Sunday school we had a hymn that went, 'If I Love Him, when I die He will take me home on high." American Legion Weekly. How To Tell the Truth. Speaking of moving picture actors, a good story is told of one who was suing a company for breach of con tract. When asked by the court why he claimed so large a sum he re plied, "It is because I am the great est in the world." A few days later some of his friends badgered him about the mighty high opinion of himself ex pressed in the statement. "I know it must have sounded somewhat con ceited," he explained, "but I was un der oath, so what could I do?" Boston Transcript. So Much for That. The banker politician summed up his candidacy speech with these words: "The secret of success is this. Can you earn money and can you save it?" A shabbily dressed man arose from the rear of the audience and proudly held out a dollar bill. "I can, sir," he shouted proudly. "This is the dollar I got when I voted for you a year ago." American Le gion Weekly. ' RUSTY SHOULDERS are rare in THIS MAN'S TOWN. EVERYBODY has them (the shoulders) to the wheel twring, pushing BOOSTING (or OUR TOWN and neighbor, hood. It is a community steadily growing in prosperity. The big rea son (or such growth it loyalty and SERVICE. The business and public-spirited men LONG AGO realized that if OUR TOWN wanted to maintain a substantial position, their business must be built upon the foundations of CLOSEST RELA TIONSHIP. That relationship it possible through having SOMETHING lo offer and making the offerings KNOWN. It it the principle ndemeath "BOOSTING" our community. A town it no stronger than its BUSINESS the business of h merchants and neighboring farmers. - The way to thow these honest, sincere merchants of town and country that you appreciate the stand they have taken, and an taking every day in BOOSTING this town it to read their advertisements-patronize them. BUY YOUR GOODS of the men who are keeping our town in the prosperous habit In that way youD be doing your BOOSTING. Heppner Oregon