PAGE THREE
THE GAZETTE-TIMES, HEPPNER, OREGON, THURSDAY, AUGUST 30, 1923.
Where the Money
Is and Who Has It
Saving depoiiu In banki in the
United State now approximate the
tupendoua total of 18 billion dollar,
deposited by a little more than 80
million periona. In 1914 the total of
savings deposits was 6 billion dollars,
deposited by 11 million persons. Sav
ings accounts are now considerably
more than three times the totals of
pre-war days while the number of de
positors is quite a bit less than three
times as many.
This savings total, equal to more
than all the mony deposited in all the
national banks represents largely the
savings of persons of small or mod
erate means. The total of all depos
its in the 30300 banks in the United
States is about 44 billion dollars. Of
this, 27 billion dollars is in the 22,080
state banks and 17 billion dollars in
the 8,220 national banks. In New
England, 66 per cent of all bank de
posits are in savings accounts; 61
per cent on the Pacific Coast; S per
cent in the South; 47 per cent in the
East Central states; 46 per cent in
the Middle Atlantic states; 38 per
cent in the West Central states.
This great advance in thrift in the
American puople is also shown in the
next investment step, for 24 per cent
more life insurance is being written
this year than ever before and 1923
will end with probably more than 11
billion dollars of new life insurance
for the year. Twenty years ago the
total of life insurance in force was
10ft billion dollars. The average life
insurance premium is $36 a thousand
More people have more money, more
life insurance and more sound invest
ment securities than ever before in
the United States. This country and
its people are a great deal better on
than they realize and infinitely bet
ter off than the people of most other
countries. In addition to something
like 3 million automobiles they will
buy this year, Americans during the
first six months of 1923 spent 603
million dollars, largely obtained thru
bond investments, in building new
electric generating plants and trans
mission lines.
Cottages at Children's
Home to Be Dedicated
To the credit of our state be it said
that after years of neglect of the de
pendent child that there are now
housed in two well equipped cottages
of the Children's Farm Home of the
W, C. T. U. forty of such little waifs
as have hitherto been condemned to
temporary homes, housed in sectarian
Institutions or sent to daily associa
tion with delinquents in institutions
established for the care of those who
have lost the innocence which is the
rightful heritage of childhood.
The Farm Home Board are congrat
ulating themselves upon their good
fortune in having Becured in the per
son of Mr. C. T. VYedd as superinten
dent, an ideal father and administra
tor. With unusual grasp of the need
of the work undertaken, and high
ideals of the mission of the Home he
has been able to organize the family
collected from many counties and as
many kinds of surroundings into a
real family and home life. The motto
of the board, "A Real Home on a Real
Farm" is rapidly being made a reality.
Not only are humanitarians of the
state becoming more and more inter
ested fn the project but hard headed
business men are regarding It as one
of the most foresighted business en
terprises, planning as it does to do I
velop those who might soon become
an economic liability into a distinct
economic asset. Governor Pierce in
a recent letter to the Farm Home
office says "I want to assure you that
there is no greater work going on in
Oregon than the work you are doing."
The two first cottages will be for
mally dedicated September fifth and a
general invitation is extended to all
readers of this paper to go to Cor
vallis for this event. The pressing
need for additional buildings, that
the many children for whom applica
tions are being made in increasing
numbers may be housed is so great
that appeals are being made for "ded
ication gifts" in the hope that such
will enable the management to meet
this need. Inasmuch as buildings
that cannot be enclosed before the
rainy season begins, must be delayed
until spring, no time is to be lost. It
will be wise to send gifts direct to
Portland Farm Home office, 615 Stock
Exchange Building. These will be
presentrd at the dedication. If pre
ferred they can be brought or sent to
the home at time of dedication.
Attention Centers On
Legion Convention
Hundreds of Vrtrraas An EspftUd
to Make Meetlaf Tim Orcasioa
For Fine Outinf at 8easide.
Attention of veterans of Oregon
eentera now on the rapidly approach
ing eonventfon of the American Le
gion to be held at Seaside, Thursday,
Friday and Saturday, September 6,
7, and 8.
Excellence of the reBort city ai a
convention mecca ia attested by the
ample hotel aceomodationa and nu
merous two-room cottages immediate
ly available for the visitors in Sep
tember. Reports from the convention
committee, of which Pat Dillian is
chairman, and Fred W. Otto, secre
tary, indicate that reasonable rates
have been promised legionnaires and
their families, with the result that
hundreds who may not be delegates
to the meeting are expected to take
advantage of the opportunity for an
ontlng at the seashore with their fam
ilies.
Special rates have been granted by
the railroads and several automobile
caravans are planned. Suitable park
ing privileges and splendid camping
facilities await the motorist.
After the serious side of the con
vention has been taken care of Sea
side post Intends to make certain
that there is entertainment on hand
for all. A "wenie" roast on the beach,
American Legion Bali at the Bunga
low, mardi gras, airplane thrills, log
rolling contests, athletic races and
many other attractions will be provided.
Considerable interest throughout
the state is being taken in the bath
ing girls contest, in which entries
have been made from numerous posts.
A silver loving cup is to be awarded
the winner, with other prizes for sec
ond and third choice. The competi
tion will be handled in a dignified
manner and selections made by judges
headed by Prof. Arvid Fairbanks,
sculptor, of the University of Oregon.
Every morning rifle competition is
scheduled at Fort Stevens, and a
trophy cup is being awarded the win
ner of the three-day match, which
will cover the regular army course.
The Seventh Infantry United States
Army band will have a big place in
the convention program and the le
gion delegates and visitors will step
along to snappy tunes. A number
of post drum and bugle corps and
"clown" bands will be present during
the convention sessions.
with Mr. and Mrs- Geo. Hardest? on
Sunday at Morgan.
K. V. Tyler of Rhea Siding was try
ing out his motorcycle on the highway
on Thursday.
Mrs. Melville Logan waa visiting
friends in Condon for a few daya dur
ing the week.
Miss Violet Hynd of Butterby Flats
spent lb week-end with friends In
Heppner.
Mr. and Mrs. J. Gray of Morgan
honored Cecil with a short visit on
Sunday.
County Agent Mora waa a busy
man in the Cecil district on Friday.
1. 1. McEntira of Killamey was do
ing business in Cecil on Friday.
Exmvxismmnimm m m mm m m irmmBt
Trust Not Such Trusts.
A stock-selling scheme that worked
disastrously for many victims of ir
responsible oil promoters is appear
ing in different parts of the country
in selling other kinds of stocks.
Questionable promoters are offering
stock In common law trusts in an at
tempt to evade Blue Sky laws which
apply to selling stock in corporations.
The greater danger to persons buying
stock in Irresponsible common-law
trusts is not that they may lose all
they pay for the stock, but that they
also may be liable and sued for debts
contracted by the trustees.
The common law trust is not a cor
poratlon. It is an agreement among
several persons whereby one or more
nersons. usually three, are named
trustees to accept the stockholders'
money and run the burinoss. Usually
they have complete control over the
business and disposition of its money
and property and con spend, or con
tract debts, without Interference from
stockholders. If they aro dishonest
or incompetent the stockholders may
lose what they put Into the stock ana
in addition, courts hnve held such
stockholders responsible for debts or
obligations contracted by the trustees.
The double loss comes on the stock
holder, not the trustees.
When an unwary investor buys
stock In a fraudulent corporation his
loss Is embraced In the amount he
nuts in the stock. Creditors of the
corporation cannot come to him to
make good tholr claims against the
corporation. Hut a common low trust
l entlrolv different. Common law
trusts are a business device that has.
and still does serve honest business
purposes, but, like every other device
of Inw or society, It has boon twisted
bv swlndlors and frauds to suit the)
evil nurnoscs. Before Invostlng even
the smallest sum, do as the great life
Insurance executives do, obtnln th
counsel of an established, reputable
Investment banker, or of some honoHt,
successful, conservative man in your
community. No good Investment so
eurltv will snoil. no mntlor how oago
the salesman is to stnmpede you into
acting at once.
CECIL NEWS ITEMS
Dick Logan of Four Mile left home
on Wednesday to hunt horses for his
father and not returning at sundown
everyone thought he had eloped, but I
on making inquiries his lady love was
still at her home. Then a search be
gan for him. Dick, who never says
die, in the meantime had rounded up
his horses and camped out on the
sands somewhere between Cecil and
Nowhere till Thursday morning and
arrived home aafe and sound and
ready to take his place in the harvest
fields at once.
Our sympathies are extended to Mr.
and Mrs. J. C. Malloy and family of
the Highway Grocery and Ice Cream
Parlor at Morgan who lost everything
by fire, caused by a spark from the
blacksmith's fire when Mr. Malloy was
at work on Tuesday morning.
The Mayor no sooner gets home
and sets all hands to work till he is
off again. His wife accompanied him
this time as ha was going to Ukiah
and might get lost among the pines on
Hynd Bros.' ranch, and Cecil can't do
without the Mayor.
Keith Logan, who has been working
in the harvest 6etds around Cecil left
on Friday for Portland where he will
join his father and mother. We hear
Keith intends to study at Pacific Uni
versity at Forest Grove at the open
ing term.
Mrs. Mary Nash, Sr., who has been
visiting at the home of Leon Logan
in Four Mile left on Friday for The
Dalles where she will visit with her
son John and his family for some
time.
Mr. and Mrs. Gus Wilcox of Esta-
cada, and Miss Virginia Curran of
Gresham visited with Mr. and Mrs.
Geo. Krebs at the Last Camp on Sat
urday before leaving for Heppner.
Mrs. Geo. Noble of Rhea Siding, ac
companied by her mother, Mrs. S, P.
Wright of Tulsa, Oklahoma, left dur
ing the week for Seaside where they
ill spend their vacation.
Geo. W. Wilson arrived from Port
end on Wednesday and reports hii
sthcr is improving nicely snd expects
e will be able to be home in a week
or so.
Miss Cleta Palmateer of Windynook
and friend were calling in Cecil
Monday, while practicing for the blue
ribbons at the coming Rodeo in Hepp
ner.
Mrs. N. Wallace, who has been vis
iting her sister Mrs. Geo. Krebs at
the Last Camp for a few days, left on
Thursday to visit her sons in Condon.
Congratulations are extended to
Miss Ruth May, of Lone Star ranch
who was married recently to Mr. M.
White of Seavicw, Wash.
Franklin Ely of Morgan took a rest
from his work in the harvest fields
and was calling on his Cecil frionds
on Sunday for a change.
Mr. and Mrs. Everett Logan and
family passed through Cecil on Friday
enroute for Portland where they will
live in the future.
Mr. and Mrs. R. E. Stcnder of Sel-
domseen wore the dinner guests of
Mr. and Mrs. L. L. Funk at the Curtis
rnneh on Sunday.
Miss A. C. Hynd left for Heppner
on Snturday to Join W. P. Mahoney
nd family who left Sunday for a tour
through Idaho.
Mrs. T. H. Lowe and son Bob were
visiting Miss Annie Hynd at Rose
Lawn ranch in Sand Hollow on Friday
and Saturday.
Goo. Perry of Ewing Is the busiest
man around these parts hauling wheat
to Cecil warehouse for Tom Dean of
Four Mile.
Jim Huddlrston, sheepman of Lone
Rock, and Miss Bess Huddlcston of
the same place, spent Friday evening
at Cecil.
Mr. Yocum of Wasco has been
spending a few days with Mr, and
Mrs. Funk at the Curtis place near
Cecil.
Bob Lowe, accompanied by his sis
ter, Miss Minnie, were calling on Mrs.
Goo. A. Miller at Highvlew on Thurs
day. Misses Gertie and lloiel Pottljohn
of Morgan were calling on Miss Helen
Streeter at Cecil on Tuesday.
Mrs. Jenks of Monument Is visiting
at the home of her daughter, Mrs.
Karl Farnsworth near Rhea.
Miss Georgia Summers of the Last
Camp waa visiting friends In Heppner
on Saturday and Sunday.
Mrs, Streeter and family visited
Yes
IT CAN BE DONE
Hams, 30c Breakfast Bacon 25c
Lard 75c and $1 .50 for 5 Sc 1 0 lbs.
Prices on Fresh Meats in Proportion.
SMALL PROFITS AND LOST OF 'EM
CENTRAL MARKET
G. B. SWAGGART
YOUR PATRONAGE WE SOLICIT
Alfalfa Hay
IIHHBsananmBlBaai
FirA Cutting
Baled
BROWN & LOWRY
HEPPNER, OREGON
Phone 642
Demonstrator Is Here
The 1924 STUDEBA-
KER is here, and I will
he pleased to give dem
onstrations at any time.
Call, write or phone.
KARL L. BEACH
Lexington, Oregon
RECEIVED
A New Shipment of
Gent s Furnishing Goods
BIB OVERALLS $1.85
WAIST OVERALLS 1.65
WORSTED PANTS . $4.25 and $4.75
Good Printing Is Our Hobby The Gazette-Times
Ladies' and Children's Shoes at Cost for
thirty days.
3 -v
1 a r u the inspiring roar of OI
jam w a limits
iAni ift najAsMt. M'
Walls that make vou
sing at your workZ
W. P. Prophet
GENERAL STORE
i Ocean and the charm of its
many beaches where those glorious VACATION
haunts are. It will be a great surprise and delight to
se the Tast Improvements that hare been mad to
injurs the pleasure of visitors to
North Beach
Clatsop Beach
Tillamook Beaches
or Newport
where tnry eoncerrahJe form of rettfoi hearth-giving
recreation maty be enjoyed. Ask oar agem for oar
"Outingi In ttm Pacific Norttartvr and "Oregon
Outdoors. They tell the whole story in word
and picture. Then parchast a Rosnd-Trrp summer
Excursion Ticket ria
Union Pacific System
which girvt that wonderful trip through the Columbia
Rrear Gorge. Our agent wUl be gUd to arrange your
Itinerary snd make yoor raaai isilisa.
C. DARBEE, Agent,
Heppner, Ore.
IsN'T it wonderful what little paint will dot
How it seems to flood the room with sunlight,
sweep it with breezes, and leave you singing over
the dreariest, "drudgiest' ' talk a kitchen can know t
For finishing every part of the kitchen there ii
Fuller product jut suited to its needs. Fuller's
Washable Wall Finish can be kept clean by oc
casionally wiping with a damp cloth. For wood
work, there is Silkenwhite Enamel or Decoret,
and for floors, Fuller' s Rubber Cement Floor Paint.
And the nicest part is that you can easily do the
work yourself and enjoy it thoroughly.
For 74 yean W. P. Fuller & Co. has been pro
ducing paints, varnishes, enamels, wall finishes and
tains. A local dealer has them. Our Service De
partment will gladly give you advice and mail a
little "Home Service" booklet without charge.
Whatever your painting need, W. P. Fuller Ic Co.
makes i paint for the purpose.
W P FULLER & CO.
301 Mission Street, San Francisco
II Bran coca ti Prtrffc CtM Cltfc
FsKlone 1 Saa Frucuco aa Lm Angel
FlIL
PAINTS
LEE
VARNISHES
WM.McMUWtAY aaaa-u
ill1 '111 MZ"- Heppner, Oregon
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Lleatbice I jacqueline I oorothv I Alice 1 E LF 'RUS0N J With Paramount Week the greatest motion picture l1- LE Vy agnewV rugglcs henabeby, wicsOROj
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r I T tt I "" I I You have the opportunity for a grand review ot laws 1 I fJ f I A-j I L-l I
r f T C V I ffik Y 0 T (r$ "It's Paramount Week at your theatre now!" (jjfil Jj f
v yJ l C-?
Heppner joins in the national demonstration of the better motion pictures
All this week Paramount Pictures will be shown
AT THE STAR THEATER
SEPTEMBER 2 and 3
BETTY COMPSON and BERT LYTEI.I. In
"TO HAVE AND TO HOLD"
SEPTEMBER 5 and 6
8EENA OWEN and LIONEL BARRYMORE In
"THE FACE IN THE FOG"
SEPTEMBER 8
ROnol.ril VALENTINO and DOROTHY DALTON In
"MORAN OF THE LADY LETTY"
SEPTEMBER 9 and 10
8EENA OWEN In
" BACK PAY"
A COSMOPOLITAN PRODUCTION
SEPTEMBER 12 and 13
BETTY COMPSON and TOM MOORE In
"OVER THE BORDER"
SEPTEMBER 15
"ABOVE ALL LAW"
WITH ALL STAR CAST
SEPTEMBER 16 and 17
A GEORGE MELFORD PRODUCTION
"EBB TIDE"
With JAMES KIRKWOOD and LI LA LEE
SEPTEMBER 19 and 20
WALLACE REID In
"THIRTY DAYS"
SEPTEMBER 22
DORE DAVIDSON and VERA GORDON In
"THE GOOD PROVIDER"
SEPTEMBER 23 and 24
RODOLPH VALENTINO la
"THE YOUNG RAJAH"
SEPTEMBER 26 and 27
THOMAS ME1GHAN In
"BACK HOME AND BROKE"
SEPTEMBER 29
JACK HOLT In
"THE MAN UNCONQUERABLE"
SEPTEMBER 10 and OCTOBER 1
-THE PRIDE OF P ALOMAR"
If it's a Paramount Picture It's the best show in town ,