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About The gazette-times. (Heppner, Or.) 1912-1925 | View Entire Issue (July 6, 1922)
PACE TWO THE GAZETTE-TIMES, HEPFXER. OREGON, THURSDAY. JULY 6. 1922. mr pnmr Timrc ; ej ' ,hcir money ruced t lil hUr I It" " I Villi f0sal of the Feranve org IliU Ui.LLI IL I 11 liLU ; (ions is safe. So it arrears th K HKrrvF.lt GAZETTE. EfMklbM K HKITNK.R TIMF.S. ErtaKidw Conilidti ffrurr 15, Hit Pu'thd every Tfrurniay morning by Yawtor ana Sncr frawlar and mtvrrd at th P'loftir ftt Hrpnr, Or rroa. at arond-clae nutlet. the dis- ganiza- rears that the state associations ill be in a posi i tion to meet every wheat receipt j with an almost immediate advance j hen the crop starts to move to the warehouses and elevators. The Producer. ADVERTISING RATES CIVKN ON APPU-CATION SUBSCRIPTION RATES: On year . Si aWnttu 1.00 Thre mot. till .74 Sint-t. copitt MORROW C(ll NTT OFFICIAL PAPER Farms ArvcrttBin Reprttmatr THE AMLRJCAN PHt-SS A.XIATK)N Relief For the Live Stock Breeder. The war finance corporation, un der the direcion of Dwight F. Dav is, has finally succeeded in proving its worth, and has turned early bank ing opposition actually into an atti tude of approval. Its future work will be watched with closest interest. The two bills introduced in Congress covering the orderly marketing of agricultural products and financing of the livestock industry demonstrate a grasp of fundamentals that means much for the public whose welfare depends so much on the farmer. It is evident the financing of the live stock industry, w ith its turnover com ing only once in two or three years in the case of breeder herds, cannot best be handled through the Federal Reserve system, and that new mach inery must be set up. The antiquat ed system of thirty, sixty and ninety day notes obviously spells destruc tion of the industry. The breeder is sitting continuously on a volcano. In times of tight money or at the dic tum of unconscionable money lend ers, he must sacrifice his young stock to meet insistent calls for leans. We have now proposed a system or regional rediscount corporations to be known as Federal Livesctok Corporations along lines similar to the Joint Stock Land Banks. Sur face examination indicates the plan will give relief to the livestock breeder, and encourage rather than discourage the industry. The propos ed legislation attempts to provide a means by which the best quality of livestock paper, complying with def inite standards on which investors may rely, can be used as a means of raising a substantial amount of funds at reasonable rates, and upon terms which will put the ninety-day bogey out of sight. Every banker and every interested citizen should give study to this legislation and back it to the limit of his influence unless something better can be brought forward. The livestock breeder has been the goat long en ough. Cafeteria Education. As some fifty per cent of the tax money collected is used for pur pases of our schools and public edu cation, our school system is receiv ing the thoughtful attention of busi ness men to a greater extent than ever before. All are in favor of the best possi ble free public school system. The day has arrived, however, when there is a division of opinion as to how far our public universities should go in enlarging the variety of subjects which may be added to their courses. Further there is a growing senti ment against the practice of adding innumerable free courses in our state universities covering every thing from bare-legged dancing to vaudeville. The cost to the taxpeyers is run ning into the millions and the ques tion is becoming more persistent. "Are the legitimate functions of state institutions being exceeded?" Should the state teach free of charge all the various courses of the arts and professions? Should not a pub lic university concern itself more with the essentials of a sound edu cation? One distinguished scholar or bril liant statesman should be worth more to a university than thousands of half-baked graduates, some of whom owe their degree principally to athletics or expertness in dancing. Fewer subjects and sounder would give us fewer students and better. The Manufacturer. New Assault on Lizzv's Father. The assau'it by five members of the House Military Affairs Commit tee on Henry Ford's proposal to buy from the government the great Mus cle Shoals plant serves a purpose only in that it opens a new angle to the handling of this gigantic govern ment enterprise that will arrest at tention. The protestants charge that the Ford plan is part of "the most insidious propaganda that the nation has w itnessed for many a day." They contend the plant has cost the government $85,4S7,900, and that it is proposed to sell it to Ford for less than $5,000,000. They contend the contract does not en force the manufacture of fertilizer by Ford, and that this fertilizer prop aganda has been spread to gain the backing of the farmer. Further, they sneer at the plea to labor in stones of the possible employment for a million men. The chief cause of ob jection is, however, that Mr. Ford does not agree to make fertilizers at all unless he can make them at a profit to himself." This is a terrible arraignment. By what rule of thumb do these very patriotic congressmen condemn the moral standard of a man because he wants to make pro fit out of a business enterprise. If we had in the national congress a few men of sufficient business acu men to think of profit for the public, we would not be worrying today about the Muscle Shoals plant. It would be operated by the govern ment, supplying to the farmers fer tilizers at cost or near to cost: it might even be fuming out standard ized farming machinery and putting an end to the exploitation of the far mer at the hands of the machinery trust. Farmers mean food, and food means life. If the opposition can bring this about, then by all means scrap the Ford plan, but if it cannot, if the country must await the slow disintegration of the plant, if it must stand idle until it rots and falls to pieces like so many of our wartime ships, if it must follow in the wake of the thousands of wartime automo biles, left for months in the open, to be made junk by the weather, while our patriots quibble like the three little Tailors of Tooley Street, then the sooner we get some action and some salvage from the incompetency of our reclamation authorities the better. The shocked congressmen say Ford is not an Alladin plus the lamp. True, but he is a pretty sound bus iness man, and his past performance for labor bespeaks well for the work men in the future if he be permitted to turn government floundering into private energy. Press and Law and Order. The Eugene Daily Guard has this on the Portland waterfront strike: "Why shouldn't the city put down mob rule and brutal attacks upon un armed workingmen by waterfront roughnecks? Isn't it mainly to en force law and order that we pay tax es? The waterfront employers should have the right to hire any body they choose to do their work, and the longshoremen's union have a right to quit work, as they did, call ing it a strike against certain work ing conditions, but they have no right to beat up the men who are willing to take the jobs they vacated. It is one of the inexplainable things that a city newspaper, possibly to carry favor with certain elements, will encourage lawlessness and make more difficult the task of maintain- Chartw Na. MS. RM.ro Dittrict N.. U. REPORT OP CONDITION OP TBE LEXINGTON STATE BANK AT LEXINGTON IN THE STATS OP OREGON AT CLOSE OP BUSINESS JUNE , mi. RESOURCES Loans and discount!, including rediscounts shown below, it any U. & government securities owned, including those shown be low, if any Other bonds, warrants and securities, including those shown bel ment, state, municipal, corporation, etc, including those shown below, if any furniture and fixtures-.. ,109.694.28 750.00 Real estate owned other than banking house... Cash on hand in vault and due from other banks, bankers and trust companies designated and approved reserve agents of this bank Total cash and due from banks, last item above. 1S,070.38 Interest, taxea and expenses paid (.200.00 1.000.00 2,300.00 8,660.68 Total .1137.865.32 LIABILITIES Capital stock paid in Surplus fund Undivided profits DEMAND DEPOSITS, other than banks, subject to reserve: Individual deposits subject to check, including deposits due the State of Oregon, county, cities and other public funds Demand certificates of deposit outstanding Cashier's checks of this bank outstanding payable on demand.... Total of demand deposits, other than bank deposits, subject to reserve, last three items above 88,477.12 TIME AND SAVINGS DEPOSITS, subject to reserve and pay able on demand or subject to notice: Time certificates of deposit outstanding Total of time and savings deposits payable on demand or subject to notice, last item above 26.347.19 t 15,000.00 6,000.00 3,041.01 88,274.60 04.11 108.61 26,347.19 Total ..(137.866.32 STATE OF OREGON, County of Morrow, ss. 1, W. O. Bill, cashier of the above named bank, do solemnly swear that the above statement is true to the best of my knowledge and belief. W. O. HILL, Cashier. Subscribed and sworn to before me this I CORRECT Attest: 3rd day of July, 1922. 1 w fi KrnTT C. E. WOODSON. Notary Public. ?EQ L i in.I.N M7 commission expires Oct, 14, 1924. Directon. Funds for 1922 Advances. Now it locks as if the most serious problem of the marketing associa tions last season would not be a fac tor this year, that of securing ample funds for advances to growers after their wheat is placed in the pools. The attitude, of Pacific coast bankers toward the organizations has changed for the better during the last 12 months. Millions of dol lars appear available where hun dreds of thousands were hard to get before. The War Finance corporation has been given its proof of the fact that the associations are stable, emcient lv and honestly operated. Federal funds therefore should be more read ily obtained than in the last season when scores of details had to be fac ed and solved, even after appropria tions were made, before the money was available. Middle western and eastern bant ing establishments, too, have learn- 17 PiliSW Jhe ripfit fuel for warm weather Pearl Oil, burned in a good oil cook stove, saves the housewife a lot of un necessary drudgery. No coal or wood to carry no ashes to shovel out A clean, cool kitchen, with all the heat concentrated directly un der the utensils, where it is needed. No trouble to operate an oil cookstove, if you buy only Pearl Oil -the clean, economical kerosene that is refined and re-refined by a special process Sold by dealers everywhere. Order by name-Pearl Oil STANDARD OIL COMPANY (California) PEARL lK.ERO.ENE) HEAT AND LIGHT TISlIi company j ing the supremacy of constituted government in a time when officials require at least the moral support of all the better elements and agents of societv. fflfflill S. E. Notson in thii city, departed Fri- , 5T3 Its day. He will go to Salem where he has j work for the summer. ! Has Made Fine Car Out of Fire-Wrecked Cole Sam Lininger of the Oohn Auto com- pany machine shop ha? made one of. Heppners' finest ears out of the Ed Ad kins Cole Eipht which was destroyed in a fire about two years ao. Having no thing but the motor and frame to work upon, Mr. Lininger has built a beautiful touring car. making the body, upholster ing, top and all the fixtures himself. The car has steel wheels which Mr. Lininger made himself, and which look as good as any commercial wheels on the mar ket. All together, it is a beautiful piece of work and speaks highly of his ability, rot or.iy as a mechanic, but as an tuto mutKe engineer and designer as well. This is the second car Mr. Lininger has made from a fire-wrecked car. The first one was a sport roadster which he made from an Oldsmobile, and which was not only a fine appearing car, but an excellent running car as well. H sold this car on Saturday to Otto Rob-inette. For Sale Nice five-room bungalow, built in features, four lots, garden. Cost $2100. V,iu take good used car and taw). Easy terms on balance, $660. Ad dress Box 417, Hermiston, Ore. St. .. i ijjfv . j my -.Jto mattd crltirict, r ?i Vi? haunt ., auiMuoa. Grocers Recommend Albers Quality Albert Flapjacks the hotcakes of the West 1 Central Market 1 FRESH AND CURED MEATS 1 Fish In Season g H Take home a bucket of our lard. It g is a Heppner product and is as g good as the best. n PlilllllllllSlll!l!lllllllllllIlllllllll!llll!lllll!lllllllllllll!IIIIIIIIIHI!IIIIIIiilIIIII!l!III :i"iiiiii:iiiiiiiiiiiiiiiiii)!iiiiii;ii;i;ii!iiiiiiiiititiiiiiiiiiittt CHEAPNESS is not the teSt of Value VALUE is the test of Cheapness. Quality Counts LLOYD HUTCHINSON Where fl They LEAN LOTHES 'LEAN THE GAZETTE-TIMES, Your Home Paper. $2.00 Per Year MASON CORDS Not only lower than other standard tires, but super ior in quality, uniformity and dependability. Buying MASONS now is buying tires right. With this goes a standard of service we're proud of. ALSO OLDFIELD "999" 30x31, $9.00 30x3, $8.00 C. V. HOPPER TIRE SHOP WHERE YOU GET REAL TIEE SERVICE EKC(UD8D(D)M FALRES EAST Lower than Ever This Summer R0UND-TRIP TICKETS ROUTED OVER THE Union Pacific System returning same or any direct line I I ffol . I I y P I Elegant In Appearance I I Famous For Long Wear I Sam Hughes Company I I Phone Main 962 P Yellowstone Park .$36.25 Salt Lake City 48.82 Denver ... 64.00 Kansas City 72.00 Omaha 72.00 Chicago 86.00 St. Louis $ 81.50 Cincinnati 106.30 Philadelphia 144.95 New York 147.40 Boston 158.35 To other cities in proportion. Ticket Sales DAILY until August 31 Return limit October 31& The Union Pacific operates the only THROUGH SOLID TRAIN be tween Portland and Chicago. "OREGON-WASHINGTON LIMITED" Leaves Portland 9:00 A. M. Arrives Chicago 1 1 :00 A. M. (third day) Through service also on "Continental Limited." Every foot of the track is protected by AUTOMATIC SAFETY SIGNALS. Equipment is the best in the transportation world. Dining car service the very maximum of human skill and art. The service as a whole represents the supreme effort of the management to please and satisfy patrons. Call on our Agent when you are ready to go and he will do the rest. Wm. McMurrav, General Passenger Agent Portland, Oregon Service turns T " The service pol icksofThePirtt Rational Wank are the result of long ex perience and a genu ine desire to insure each patron all possi ble service returns from his investment in a close, personal acquaintance here. Fir National Bank HEPPNER, OREGON