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About The gazette-times. (Heppner, Or.) 1912-1925 | View Entire Issue (Aug. 31, 1922)
VA',K IT.rii THE GAZETTE-TIMES. IIEITXKR. OREGON. THURSDAY, AUGUST 31, 1922. ON COUNTRY AMERICA'S DOLLARS It is estimated Harold McConnick of Harvester Company, sliced fifteen million off fortune to wed opera singer P'fnMiji)fi7mMli(i)p-rif1tt.wvwiM,g.i; !!: '- . 1 qI Pom by , J , I ' i! n TC'M? I III J- Ill L. MONTERESTELLI Marble ami Granite Works PENDLETON, OREGON Fine Monument and Cemetery Work All parties interested in getting work in my line should get my prices and estimates before placing their orders All Work Guaranteed The Byers Chop Mill Formerly SlHEMPfS MILL) STEAM ROLLED BARLEY AND WHEAT After the 20th of September wDl handle Gasoline, Coal OjJ and Lubricating Oil You Will Find Prompt and Satisfactory Service Here FORMER MS COR MICK Harold F. McConnick. until re cently chairman of the Board of Directors of the International Harvesters-Company, is reported to have sacrificed fifteen million dol lars of the fortune made off farm machinery to wed the woman of WAEOLP F. M&C0RMICK his choice, Ganna Waska, the wklow-dlvorcee opera singer. 11c Cormick gave up these dollars in a financial arrangement with his first jAHNA WASKA MCCORMICK, wife, Mrs. Edith Rockefeller Mc Cormick; prenuptial settlement up on his present bride and the' Vst of two divorces, his own, and also his bride's from Alexander Smith Cochran. Community Service 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 H15H ORDERS AT OCR EXPENSE Portland OSIe 14 H. Imi4 It. PcmdletM OUem 111 M. Wckfc It, The Only Employment Office in Eastern Oregon with Connections in Portland viiiniiiiiiiiniiiiiiiiiiiiiiiiiiiiiiiittiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii: I A. M. EDWARDS ! WELL DRILLER Lexington, Ore. 1 Box 14 Uses up-to-date traction drilling outfit, equipped for E all sizes of hole and depths. WRITE FOR CONTRACT AND TERMS nllMIIUIIMIIMmilllMlllllllMllllinilllillllllllllllllllllllllllllllllllllimilllllllllllllllllf ;0U have been walking in the sunny fields of prosperity. Lite seems secure. Youth and strength are careless and forgetful. You have spent money as you have earned it. Suddenly a flood of hard luck i comes rolling toward you. Will you be overwhelmed by it A BANK ACCOUNT IS A SAFETY ISLE. START ONE TODAY! Dollari, deposited in this bank draw interest at 4 per cent. They are safe dol lar! buy dollars. A email bank account serves as an incentive to save, save, Save If yon have only a small turn put aside, deposit it with ui today. All large fortunes bad small begin nings. The biographies of all rich men start with their first bank account. YOUR BANK CAN HELP YOU FARMERS & STOCKCROWERS NATIONAL BANK Heppner Oregon i SHUT CUT ID American Bankers Execu tive Warns Against New Economic Dangers INFLATED MONEY BAD Russia Held to Be Horrible Example of Money That Has Run Mad By F. X. SHEPHERD, Executive Man ager, American Bankers Ass'n. Editor's Note: F.N'. Shepherd, execu tive manager for the American Bankers' Association, knows money which is to say, knows the economic condition of the world in general and the United States in particular. Few people realize the trend here and there in this country to upset the present system and substitute other systems that on their face hold forth great promise but in reality but read what this expert has to say. On this good old boat we call the United States of America there are to day no small number of economic mu tineers, who, without any particular thought for the rest of us, fairly make the boat rock in their effort to grab what looks to them like life preservers in the form of government aid, special pri vilege, more money and cheaper credit. We should see that these facts are given consideration for we are all in the same boat and will surely weather the storm or go down together. They have not only disregarded pro perty rights; violated contracts; appro priated the accumulations of labor and savings of individual effort, but pro bably worst of all in its ultimate effect have drowned the hum of industrial ma chines producing usable goods for the people by the mad roar of the printing press turning out rubles by the trim If there ever was a horrible example from which we should take warning- here it is and yet, no inconsiderable number of our people are clamoring for flat money and lots of it. They, too, would defy the teachings of history and the warning of human experience. Upon the advent of Lenine and Tro tzky the printing press was speeded up. Why bother with a i;old reserve when it was so easy to turn out paper rubles bearing the government imprint? For a while things seemed to go along merrily artd the goose hung high, but today it literally takes a bushel of money to buy bushel of wheat if you can get any body to accept the money. Money, but Worthless. The report before me shows that on April 28th the paper money in circula tion in Russia had reached the pheno menal total of seventeen trillion rubles. One hundred billion more was being printed every day. Prices in Moscow had risen until it took 110,000 rubles to buy a pound of bread, and 800,000 rubles to buy a pound of steel. In the private money market of Moscow, the American dollar brought 2,750,000 rubles, and the pound sterling more than 12,000,000 rubles. A point has been reached where it will be impossible to improve the sit uation without repudiation and esta blishing a new currency which will be recognized abroad. The present condition in Russia is not unlike that which existed in France over a century and a quarter ago under the Revolutionary government from 1791 to 176. The people of that day thought they would take a short cut to economic salvation through utilization of the printing press. Although economists warned against the expedient with its inevitable inflation of values and conse quent depreciation of the circulating medium, they decided they would issue only 400,000 livres, called assignats, be cause they were based upon not only the government flat but the safest se curity in the world, the productive lands confiscated from the nobility and the church. A fine security they thought, and they made provision in the form of an interest charge for the retirement of the issue. A Sad Result. But what happened'.' After the first faint stimulative effects, the depression sunk lower than before, and in a few months, when the effects of the 400,000 livres wore off, they decided to issue 800,000 more and make that the limit a total of 1.200.000 but this had only temporary effect. They went through the same experience again and again un til they had issued a total of forty thou sand million. The money became so nearly worthless that they issued the same thing in a larger denomination and called it a mandat a mandat being the equivalent of thirty (30) assignats. They ran the full gamut of absurdity, and fi nally collected the paper, plates and presses together one morning and burn ed them in the presence of the people. And what were they doing in this country just a few years previous to that time? To recall the name of the money that was being turned out is enough because it has come down to us in an expression which has not altogether gone out of use, "Not worth a Conti nental." Don't forget the experience we went through with the Greenback Party, sup ported in the 70's by some intelligent and well meaning men, as ia today the demand for government Issued money in inconvertible form. The Greenback fight lasted for many years, and was not finally settled until the passage of the Gold Standard Act in 1900. In California, a silver party has re cently been organized. The old free silver advocates wanted to put the gov ernment imprint on fifty cents worth of silver and call it a dollar. Theirs was a sort of fifty-fifty proposition. In Neb raska, a new political party advocates flat money. I have befdre me a page from Wal lace's Farmer, the well known agricul tural periodical published at Des Moines, Iowa; founded by the father of the pre sent Secretary of Agriculture. It has in recent years been under the manage ment of the Secretary and his brother. The article is entitled: "Is the Green back Movement Coming Back." This will interest you. Under the heading: "Change Needed in Money System" it says: "Fiat money has been adopted as al most an official creed of the Iowa Far mers Union. Milo Reno, the president, is preaching the greenback gospel in a series of meetings over the state. A similar attitude seems to be taken by the Farmers' Union of Kansas. In the official publication of the Union on March 16th, the editor says, in discuss ing the bonus question: I " 'The business body is sluggish on account of contracted credit and cur rency. Why not stimulate it with a lit tle transfusion of circulating medium turned out by the government printing press? Inflation is far better than re pudiation either of debts or the intan gible obligations that we owe to the patriot soldiers who offered all they had in the interest of liberty and civiliza tion.' " Further on the article continues: "Un doubtedly there is a strong movement toward fiat money but this as yet has hardly reached more than a minority of the farmers. Practically all of them want a higher price level and most are entirely unconcerned as to what meth od is used to bring it back. If the pre sent financial system will not bring this result about, the farmer is perfectly willing to take steps to put the present system in the junk heap and create one Our Farm Champions in Washington,, 3 is I This is no unusual scene at the Department of Agu- culture building in Washington. Here are shown a group of boy and girl farm champions whose reward $ C , 1 1 C t f . f .PI Ki iur producing ocsi in can, pone, garucn ana nciu clubs was a trip to Washington. This group was sent from Maryland. Secretary of Agriculture Wal lace is addressing them. Dfl 111 E WAL, I MATE TO SEE YOU - o -E EXPECT YOW icEiL UU llL LEAVIAJG J WE'LL J IN THE CITY TO f LAST YEAR I TOOK. -THE WHOLE FAMILY H DOWI TO SEE THE Eg FAIR.. XT WA4 QUITE A i08 SO THE- -ANA6ee SAlt THIS YEA8 HE'D iUST BRING THE " FAIR OUT TO SEE US l zsij m. v u HOME HOWLS "fanny! senotmat YOUN6MAN HOME'. IT'S GETTING late!' D'YE HEAR ANY AG0UN0 tOUR HOME? SEND US ONE.ws'u PRINT IT fOB YOU.' EARLY RISING, love the crispy mornin' air, about the hour of five .when the other birds is up to greet the sun. . . . There ain't no safer by-law for to keep a man alive, nor holds more satisfaction, when it's done. It don't take no alarm clock to yank me out of bed, when the honey-dew is whisperin' out of doors, when the delicate machinery that's inside a fel ler's head, informs him that It's time to do the chores. ...(.), the medderlark, an' sapsuck, and the sassy little wren and the oriole, a-swingin' in her tree, has never claimed the credit of knowin more than men, but that's the way the fact apperas to be! So, I get up in the mornin' when the dawn begins to peep, afore the other neighbors is aware. i There ain't no insperation U an overplus 1 of sleep, like there ia in breathin' early mornin' air. ... I can taste the sperit in it, that invigorates the soul, lots high- er than a "bonded" liquor can. It pro- duces exultation that ia allers in control, yet, makes a common plug a superman I . . . When heaven uncorks her demijohn of early-mornin' booie, and passe jt around afore it's light, a feller's eon science tells him it's the only sort to use, and his appetite confirms it that he's right! that wlil serve the purpose." In times of stress and depression it seems to be the usual thing to waits out aguin old economic theories that have long ago been tried out, found wanting and thrown into the lumber room of his tory. Money and capital are confused. "More money" soundB good and it is if it Is sound and based upon the actual needs of trade. But, if inconvertible and Issu ed on a fiat, it is a delusion and a snare. If money made a people prosperous, Rus sia would be the most prosperous place in the world today. Incurable Disease Must Be Prevented In Seed Stocks if Industry la to Endure. Right seed certification may detenninc whether Oregon is to continue a potato- growing state or lose its big potato in dustry from the inroads of diseaset. To- t.ito specialists from the United States department of agriculture have reeen:ly questioned whether any potatoes .it all will be grown in Oregon 60 years from now. I utato mosaic is one of the disca.is most feared. Once in the stock no means are known for eradicating it or ever get ting tubers fit for seed from it. This makes it high time for growers and po tato scientists to begin a field search for discasc-frc-e poattoes of the right sort for sources of seed. The search must begin in the field, as the presence of mosaic and wilt can be detected in the growing vines only. Even there it is not always easily recognized, and where possible the grower unless well informed on this disease himself, needs the help of a specialist. The grower is advised by M. B. McKay, potato disease specialist at the O. A. C. Experiment station, to go into the field now while the vines are still green and growing, and stake those most vigorous and free from evidences of disease. Af- YOU SHOUL0 MAKE HAY WHILB' THE SUN SHINES A40T SOW OATS WHILE THE rAOON SHINE?' , tor the vines die down it will not be pos sible to detect mosaic and wilt. Final selection of the seed will then be made from the staked hills. Even certification is no Insurance against presence of mosaic, as slight in fection may be brought into plant by aphis carrying the virus, giving but lit tle indication in the parent stock but coming out strong in the new crop. Many such cases are reported from nor thern grown, Inspected and certified seed, as the virua of mosaic has not been Isolated and identified. HOMEY PHILOSOPHY FOR 1922. Remember those hoop skirts how quaint and winsome the girls looked, and then the skirts so tight they had to trip instead of walk? How fascinating they were as they pit-a-patted along. Soon came those long and sweeping lines, that all concealed yet half revealed the grace and beauty of the pretty miss, and then of evenings those majestic trains and that bewitching Princess gown, display ing every curve and undulation of the form divine all so wonderful. Now, oh boy! they're prettier still, and tomorrow they'll be longer and atill prettier. Styles change, but the ability to make style always the best ever ia the thing that counts. Henry Takes an Open-face, Ride While the press was busy telling of Ford' new plan to make automobile in Mexico, Henry was up in Quebec. Canada, with his wife riding around in one of tbote old opeo-faced hacks known aa a eaiecnes. ii ws a pica- ure trip. ?J V J I 'i,n,) w" m 3mJ w t L m j&CwCzJiuM tmchtttes The Marriage Problem Perhaps the most important prob lem before the public today is the marriage problem. There are more thundering at the foundation of the home than ever be fore. 7he world seems dotormnled to de stroy the home. It Is using the au tomobile, the motion picture h- use, tiie dunce hall, the pool room, the summer resorts, the Sabbath picnic, games, and amusements, and every other conceivable method to scatter the family, detract from the sobriety of the home and wreck the domestic fov nchtion. BUny a girl marring for 'i mtr.1 ticket, including a theater coupon. When the day of scarcity of food comes and no amusement is furnish ed, she enters the divorce court, and there commits a crime against society and places a blot upon the name of womankind. Many a couple agrees before mar riage to avoid the domestic responsi bilities and live a life of freedom from care and domestic duty. Such an agreement is tantamount to pre meditated socinl murder. The blackest page of American his- by levMA MATTHEWS D.D. LL.D. tory is the divorce page. To divorce one couple In every five marriages ia a crime against society, home and God. Many divorces are sought by wo men because their husbands are cruel, or they fail to support them, or they have deserted them. Any man who deliberately prac tice cruelty against his wife and fail to support his family, and final ly deserts his wife and children ought to he arrested, tried and con victed and whipped in the publie square for six months. No couple should be allowed to marry unless each party to the con tract could produce a certificate showing a sound, clean body and a sane mind for three proceeding gen erations, and a spotless moral char acter. No couple should be allowed to marry unless they could also show that they understand and are will Ing to assume and discharge the ob ligations that matrimony and a well ordered home Imposes upon a couple. Parents are to blame for much of the present-day matrimonial loose ness. They are too anxious to marry their daughter. Awake, parents, and help us solve thi all-Important problem and thu ave society from it present rotten tendency.