page ram
THE GAZETTE-TIMES. HEFFNER, OREGON. THURSDAY. JUNE 29. 1922
HALF A SQUARE MILE OF HOMES BURN DOWN
L. MONTERESTELLI
Marble and Granite
Works
PENDLETON, OREGON
Fine Monument and Cemetery Work
All parties interested in getting work in my line
should eet mv Dnces and estimates Detore
J j
placing their orders
All Work Guaranteed
S-StJ v-v irU'i
y, . .r -v tjUi :t:ia
"JW'tsiw,
' ., . . . .
IllljUncle John
- "
UP TO PATE.
! read the old-time fable of the
tortoise an' th hare, alone with other
lessons that impressed me; and 1 have
often wonderd if the tale was really on
the square, when fast-trottin' fellers
tried to beat me. . . J never craved to
linger like the turtle, in the mud. . . .
I never tried to learn the leisure habit
for. a little squirt of gingerj circulat-
in' through my blood, has made me want
to travel with the rabit . .The lather
bellied turtle makes a nightmare of my
dreams. . J never could admire his
blasted snappin'. . J don't remember
cussin' when I yanked him from the
streams, but sech a thing eould very
Arverne-by-the-Sea. one of Long Island's most most thickly populated summer resorts, is practically
destroyed as a resu'.t of a fire that started in the big Hotel Nautilus. Thousands of people are homeless, great
amusement parks are swept out of existence, the Long Island Railroad station is no more, firemen from New
York, Brooklyn and all adjoining villages failing to check the flames until a wholesale dynamiting of homes
was resorted to. Picture shows an entire street of cottages on fire at one time.
The Byers Chop Mill
(Farmer!? SCHEMFPH MILL)
STEAM ROLLED BARLEY AND WHEAT
After the 20th of September will handle Gasoline, Coal
Oil and Lubricating Oil
You Will Find Prompt and Satisfactory Service Here
Pioneer Employment Co.
With Two Big Offices
PENDLETON AND PORTLAND
Is prepared to handle the business of
Eastern Oregon better than ever before
Our Specialties
Farms, Mills, Camps, Hotels, Garages, Etc
WIRE RCSH ORDERS AT OCR EXPENSE
Portlaaa One FaaitelM Os.ee)
14 If. ScesBd St
IIS & Wee It,
The Only Employment Office in Eastern Oregon with Connections in Portland
Community Service
FARMERS HEED MORE
I
Present Conditions Rush Him to a Mar
ket That is Not in Favorable
Condition.
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I A. M. EDWARDS t
1 WELL DRILLER
5 Lexington, Ore.
Box 14
I Uses up-to-date traction drilling outfit, equipped for
i all sizes of hole and depths. 1
WRITE FOR CONTRACT AND TERMS 1
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War Finance Corporation Points Oat
Method to Relieve Hard Pressed
Producer.
BY EUGENE MEYER, JR., MANAGING
DIRECTOR WAR FINANCE COR
PORATION. Editor's Note: Eugene Meyer, Jr Is
managing director of the War Finance
Corporation, an organization that did
much to help relieve a situation that at
one time threatened more than "hard
times" to the entire agricultural inter
ests of the nation. His investigations
have led him to believe that present
methods of marketing and financing the
farmer are not satisfactory and are in'
jurious to the best interests of the en'
tire economic structure.
Between the fanner and the man who
eats the farmer's wheat and potatoes, or
smokes his tobacco, or makes his cot
ton into shirts, there stands an intangi-1
ble but formidable barrier time. Over
ninety per cent of the wheat in the Uni
ted States is harvested in June, July
and August; but it may take a year for
it to get into the bakers' ovens. Over
ninety per cent of the tobacco is har
vested in August, September and Octo
ber, but the smokers puff away as hard
in January as they do in October. And
so it is with most of our staple agri
cultural product' between production
and consumption there is an interval
that may stretch out to a whole year
or even longer.
Here is a fundamental factor in the
marketing of the farmers' output that
perhaps has received too little atten
tion. The American producer has grown
The Corner Stone
In every structure is a headstone from which
is determined its strength.
In the structure of savings it is tried and
proved 4fo which stands for all that is safest and
soundest
A young artist unversed in financial matters
returned home from a business trip to find his
mother had invested her savings in a promotion
enterprise which offered a very tempting 9f0j
"It '8 no good," he said.
"But you don't know about it yet," said the
mother.
"I know that any 'outside' investment
wherein anyone with small capital can buy
stock and which offers more than 6 has an el
ement of risk in it which you can ill afford," he
replied.
Two years later events forced the mother to
sell and after all the "special clauses" had
been observed, the interest she received on her
money was less than
WE PAY 4 PER CENT ON SAVINGS.
FARMERS & STOCKGROWERS
NATIONAL BANK
Ileppner
Oregon
accustomed to disposing of his crop
shortly after the harvest, leaving to
some one else tha task of providing
storage facilities and the necessary
financing for carrying it until needed
by the consumer. Such a system may
work smoothly so long as those who as
sume burden of taking care of the time
element in tha marketing process are
fairly sure of good returns. But it may
break down when the fanner needs it
most, when, because of uncertain mar
kets and unfavorable business condi
tions generally, his bank calls in the
note on which he has secured funds for
his producing operations. The fanner
then is left to hold the bag. He may
have cotton, corn, cattle or other pro
ducts sufficient under ordinary condi
tions to meet his obligations, but he
needs time to market them in an or
derly way. And because, in the good
years, he has depended largely on oth
ers to take can of the time element
he has on the whole, developed no ade
quate machinery for taking care of it
himself when adverse conditions make
it necessary for him to do so.
A New Situation.
Dunns' the oast two years the agrl
cultural producer has been confronted
with a new situation a situation
brought about by the war and the
changed economic conditions resulting
from it. He and his banker have been
forced to assume a considerable part
of the burden, which in ordinary times
is distributed all along the line, of car
rying and financing his products for a
longer period until the American job
ber, wholesaler, manufacturer and re
tniler, or the foreign buyer, are ready
to take them.
Cotton is our ereatest agricultural ex
port commodity and the market for it
depends entirely upon the demands
from abroad. As a result of war, Eu
ropean buyers changed their buying
practice. They had been accustomed to
take eighty per cent or their annual
needs in the first six months of the
cotton year; after the war they began
taking only fifty per cent in the same
six months. On account of fluctuations
in the rates of exchanges, they were
unable to calculate, with any degree of
accuracy, whether they would gain or
lose by buying ahead cotton whicfi
would have to be paid for in American
dollars and sold in terms of depreciated
European currency. So, instead of lay
ing in the greater part of their annual
supply shortly after the harvest, they
bought only to meet the current needs,
spreading their purchases over the year.
This left several million bales for the
American producer to take care of until
thev were wanted abroad. He had to
wait from one to six montns longer jor
his money. He had not calculated on
this waiting.
The Cotton Action.
With tha economic activity and buy'
In? nower of the e rower seriously im
pairea, me wnoie couon pruuuema v
tion of the country was disastrously af
fected. The way to relieve tha situation
was to put the producer in position to
market hia eron over a lonirer nenoa
and, at the same time to go on with his
regular operations. With thia end in
view, the War Finance Corporation fi
nanced, under its export powers, the
shipment of considerable quantities ol
cotton to foreicn warehouses, there to
be sold to foreign buyers lor cash as it
was needed. This action was lonowea
bv a loan of 15.000.000 to a Mississippi
co-operative marketing association to fi
nance the carrying ol luv.vuo naies in
public warehouses in the United States
until it could be shipped abroad in an
orderly way. Within a snort time sim
ilar arrangements had been made with
other co-onerative associations, and
these transactions, in turn, were follow
ed by agreements to make large ad-
BOLSHEVISTS RIOT IN NEW YORK
"4 jtft fil l
) , A 4 ' 'fit " ,
. '! II
"-4
LIGHT TRAVELS
ItfCONCEIVABiy EAST
UNTIL IT
ENCOUNTERS A
HUMAN MIND.
COPYRIGHT lOge PU8 UTOCSTCR SCRV. CO
easy happenl I wouldn't give a nickel
fer a tub of turtle soup I wouldn't
skin a reptile fer a dollar! In fact,
if I was starvln', I wouldn't give a
whoop fer all the creepin' varmints in
the holler! I never race with nothin'
in the gutta-perchy class, as they did
when I was filled with youthful readln'.
. . .I've got a reputation as a little hard
to pass, though I yet have paid a fin
fer apeedin'.
Train Passengers are Rowed Ashore
I
Ai vi - r - gar jr i
r j .... .
"?A'r!.l httnttr nscsFnoers haretv escaped dc;H last weeV when flood
waters swept the. railroad tracks near the Erie tunaet at Syracuse, N. Y.
Passengers had to be rescued in boats..
Many broken skulls and blackened eyes are seen in the big city as the
result of a battle between the police and 3,000 Bolshevist sympathizers,
when the crowd insisted on boarding an excursion boat at Battery Park to
hold a rally of the reds. The untamable photographer caught the scene in
the middle, at the height of the scrimmage.
vances on cotton to other co-operative
marketing organisations and to banking
and financing institutions throughout
the South.
When it became clear that the -cotton
grower would have time to market his
output, that the crop would be adequate
ly financed, and that he would not have
to dump it on an over-loaded market in
order to meet his obligations, the whole
business outlook of the Southern States
was changed. Depression gave way to
hope and confidence, manufacturers and
merchants who naa neia oacx Degan
to buy, the fear began to go out of the
situation, and the resulting improve
ment was reflected throughout the cot
ton belt, as well as in other sections of
the country.
As to Live Stock.
In the financing of the live stock in
dustry in the West, the normal length
of time required to bring growing sheep
and cattle to maturity has not always
received sufficient consideration.
When the Agricultural Credits Act
was passed, August, 1921, the situation
confronting the live stock industry was
decidedly acute. The breeding herds
were being sacrificed and young stock
not remly for market was being sent to
the block, endangering our future meat
supply. But the act gave the corpora
tion adequate funds and authority to
deal with the problem on a comprehen
sive scale, and during the past four or
five montns it has authorized advances
on live stock aggregating nearly $60,
000,000. Under the Taw, loans may not
be made for a period of not to exceed
one year, and these loans may, in prop
er cases, be extended for an additional
period of not to exceed two years, thus
giving the stockman time to carry
through his operations without the ne
cessity of sacrificing his immature and
breeding animals.
One outstanding development, already
an accomplished fact, is the establish
ment of new live stock loan companies
in the principal stockgrowing states.
The corporation has encouraged the
bankers and business men in these com
munities to form such companies, each
with substantial capital. In order to
make its resources readily and effect
ively available in tha emergency.
In the Corn Belt.
In the Corn Belt, many farmers make
it a regular parctlce to buy young live
stock; and feed arid fatten them with
corn and other field products; in other
words, to send their crops to market
"on four feet." Normally, about eighty
fier cent in the United States is fed to
ive stock. And this process takes time.
For instance, it requires from eight to
ten months to fatten one-year-old steers
for market, and calves as long as a
year. The fanner, with his barns full
of corn, needs considerable time if he
is going to turn it into beef, pork or
mutton.
The corn crop in the last two years
has been extraordinarily large, the total
production amounting to approximately
6,300,000,000 bushels. And the collapse
in commodity prices tied up the bank
ing facilities in the corn belt and made
it impossible for the farmer to finance
his feeding operations in the usual way
and in the normal volume. He had
been accustomed to feel that when he
had a good crop most of his troubles
were over, but he suddenly found that
they were only beginning. He was not
hi position to finance the marketing of
his commodity over a longer period. He
could not get even his usual accommo
dation in the way of funds for the pur
chase ol' feeding stock; and it began to
look as if there were only dark days
ahead.
Some Figures.
What it means to agriculture to be
In a position to spread the marketing of
its output over a longer period of time
is indicated by the difference in the out
look for the corn belt farmer in Octo
ber, 19V1, when the War Finance Cor
poration began intensive operations in
that section, and in February, Wl'i,
when those operations had had time to
mako themselves felt. In October, corn
was selling at country elevators in Neb
raska and Iowa at about 20 cents a
bushel. In February it had risen to
fifty cents and reports indicate that far
mers were getting the equivalent of
eighty to ninety cents for corn market
ed through live stock.
The man who Is in a hurry to sell is
at a great disadvantage. And this has
been the customary plight of the agri
cultural producer. As soon as he has
a crop he la under pressure to sell.
Either he has to meet a note given to
cover his last productive effort, or he
needs ready money to buy supplies and
equipment for his next operation. For
one reason or another, the necessity
has been almost imperative to market
hia output as soon as possible after
harvest.
At harvest times the national market
is crowded so to speak, with farmers
anxious to sell. Products are abundant
and prices relatively low. Six to eight
months later, when the consumer is be
ginning to think about supplies for the
rest of the year, prices are up and the
farmer usually has to sell. It vfould
be better for the farmer if he eould
spread his marketing over a longer per
iod, because in the long run he would
probably get more for his crops; it
would be better for the railroads, be
cause it would mean a more even use
of transportation facilities; it would be
better for the consumer, because he
would have more assurance of getting
supplies at stable rpices throughout the
year.
HOMEY PHILOSOPHY FOR 1922.
Once a barber asked his customer if
he wanted a close shave or not. Then
he set to work and said: "How's the
soap?" "Finest I ever tasted," splutter
ed the man in the chair, an' the fight
was on. Come to think of It, we can
all have the best barber in the world if
we want We can pick the fellow who
won't tweak our noses, a careful chap
that won't stick his thumb in our eyes,
who will use just the amount of bay
rum we like, powder us off to a. nicety
an' turn us out without a kick'in the
world. We can shave ourselves. Uood
oil self is a wonderful bird when you
want things done right.
Mr. and Mrs. J. O. Turner spent the
week in Ileppner, being here to take
in the Chautauqua program.
1 1 YOU OOH'-T KNOW WHAT TOOO, BH? 4kfi
H O AA F WELl TOU CM SIT B.6HT THEfce AMP ) j
SWEET 0
-7; it
hy
Rev. MA. MATTHEWS
D.D..LL.D.
Church Detractors
It is an easy matter to criticize.
Any fool can find objections. Any
Idiot can strike a match, light a fire,
which will consume a mansion. Many
people were born In the objective'
case. They never escape their cra
dle. They spend their days kicking,
objecting, and complaining. They
are just common, olfensive, ever-present,
Eradicated nuisances. They
are constantly talking about the
church, what she is doing, what she
ought to do, what she is not doing.
They work incessantly at the busi
ness of trying to detract from the
church influence and power.
FIRST They say the church is
declining. But they do not tell you
that they are looking at a few fallen
trees only and not at the whole for
est Of course, there are dead trees
in the forest Of course there are
dwarf growths in the great garden
of vegetation. They ought to be
there. That is the place for them.
There are objectionable, or bad peo
ple in the church who by their lives
. are misrepresenting the church and
reflecting upon their own member
ship. But they are not the whole
church. They are a very insignifi
cant part of the church.
There are hypocrites in the
church. There are hypocrites in ev
ery department of life. But there
are fewer hypocrites in the church
than in any other department of life.
The word hypocrite means, playing
a part There are very few actors
in the church. There are heretics in
the church who have followed the
rationalistic teachings of demon-directed
German professors, and have
strayed away from the spiritual doc
trines of the infallible Word of God.
They are very few in number, how
ever, compared to the great body of
Christians.
SECOND They say the church Is
pauperised. But they do not tell you
that those who have refused to sup
port the church are among the ra
tionalistic heretics. They Ire the
real ones who have under rational
istic teachings become so material-
till ;-,. w W I M
istic that they would rob the church
of her sacred vessels for their own
banquet of selfishness and blas
phemy. Such heretics are the real
dofraudcrs and detractors and ex
ploiters of the church. The real
saints of God are giving more money
today than ever before in the history
of the church. They are supporting
the whole program of Christian ev
angelism. THIRD They say the church is
not spiritual. But they do not tell
you that the worldly and unrighteous
in the church are the disciples of
the rationalistic teachers of the in
famous doctrines fo the demon-created
cults that are today thriving up
on the credulous and silly minded.
Such are a disgrace to the church
because they have given up the spir
itual for the worldly, the elfish and
the sordid things of life.
FOURTH They say the church Is
not paying her ministers. But they
do not tell you that tha only ones
who are refusing to support the min
isters are the hypocrites, the Bolshe
viks, the Socialists, the heretics, and
the infamous Germanized rational
ists who have crept into the church
without the wedding garments. Such
, are the only ones who are refusing
; to support the Gospel, pay the mln
j latere, or give him his due place.
o,.i. ... fl.. .IJ t t.
detractors and perverters of tha
church life, influence, and service.
They are void of every sense of spir
itual obligation. Such members are
a curse to the church. But they are
not the whole church. They are but
an infinitesimal part.
The church and her spiritual mem
bers are better, stronger, more hope
ful, more generous today than ever
before in the history of the world.
Let the Infamous church detractors
take notice. Their doom is approach-'
ing.