THE IONE INDEPENDENT
Published Ev :.7 Friday by
. V. HEAD, h:,i;u-Publi$her
SUBSCKimON;
On ear l-iu
Six months
Thme muntha
76
60
EnWrea at (tcond cuss matter at th
pontofflc at Ion, Oregon, under act
of Mnn-li 3, 1S79
Friday. Oct. 17. 1924
CHURCH DIRECTORY
F1KST BAPTIST CHUKCH
Rev. E. B. JOHNSON, Pastor
Services every alternate Sunday
at 11:00 A. M. and 8:00 P. M.
CONGREGATIONAL CHURCH
Rev. W. W. HEAD, Pastor
Services
11:00 A. M. and 8:00 P. M.
FIRST CHRISTIAN CHURCH
PAUL D. MORTIMORE. Pastor
Services
10:00 A. M. and 8:00 P. M.
Churclt Notes
A class in bible study has
been organised in the lone high
school with Rev. Paul Mortimore
at instructor.
For the present the class meets
immediately at the close of the
regular afternoon session of the
high school on Mondays only,
i Credit is given for this work
which is presented in accordance
with an outline of study ar ranted
by the State Supt of Public
Instruction.
The convention of Endeavor
era at Stanfield announced in our
last issue has been postponed on
account of an epidemic of in
fantile paralysis.
The birthday social piven last
week by the Dorcas Society of
the Congregational church was
a decided social and financial
success. The net receipts were
m
The Tuesday evening meeting
of Sunday school teachers for
bible study has been consolidated
with the Union prayer meeting,
held alternately at the Christian
and Baptist churches.
The Camp Fire girls have re
umed their activities under the
leadership of Miss Tilson.
PUBLIC CONTROL OF
RAILWAYS FAILURE
Chairman Patterson Recalls
Costly Venture During
World War.
Portland. Or. (Special.) That the
people ot tha United States have. been
twice hurt by experiment! In govern,
meat ownership ot transportation
means, once with the shipping board
and again during government control
ot railroads and that these expensive
adventures should not be repeated was
the gist ot a statement Issued hera by
I. L. Patterson, chairman ot the Re
publican Stat Central committee. Mr.
ratterson said:
"LaFollett proponents tor govern
ment ownership ot railroads forget,
no doubt, the shipping board's pro
longed and costly attempt to operate,
the nation's vessels at a profit. The
experiment cost the country many mil
lions. "They must have forgotten, too,
government operation ot railroads dur
ing tha war period. Thla was an ex
periment In socialism and was a co
lossal and extravagant failure.
"Government operation lasted tl
months. It gave the public the poor
est freight and passenger service It
had ever known and the most expen
sive. Although cost was Increased,
nothing waa given the public la re
turn, either In upbuilding the rail
roads or In seivlce.
"Railroads ot the country had been
adding to their equipment at an aver
ago rate ot 100,000 freight cars and
(00 locomotives a year. The govern
ment operated the lines a little mora
than two years and turned them back
to their owners with 204 fewer loco
motives and only 1300 more freight
cars than when It took control, while
more engines and cars, were out of
order than at any time la railroad
history.
"It might be said that the railroads
went through an emergency period,
the war period, and that is true, fig
urea show the lines carried 1.1 per
eent more freight than under private
operation, but to carry this heavier
load, the number ot employes was In
creased 11 per cent and the operating
expenses by over 40 per cent
"Within six months after the gov
ernment aelxed the roads, all passen
ger rates were Increased to a basis of
I cents per mile and mileage jiassen
ger books wye discontinued. All
freight ratea were Increased 25 per
cent When the democratic adminis
tration took over the roads. It guar
anteed tha ovulars, aa compensation,
an annual income equal to the aver
age of their annual operating Income
during the three years ending June SO,
1917.
"Despite the J5 per cent Increase la
freight rates and a 20 per cent In
crease in passenger rates, the rail
roads the first year ot government
operation failed by 1240.000.090 to
earn the amount ot this guarantee.
That la to say, they failed by that
sum to earn as much as they were
accustomed to earn under private
ownership.
"The difference had to be paid out
of the public treasury. During the
second year of government operation
tha deficit Was 1360,000,000, and la
the two months ot the third year be
fore the lines were turned back to
private ownership, tha deficit was
I1QJ.0O0.000. '-
"Going OvVr the Top", at the Exposition
REPORT OF THE CONDITION OF
THE BANK OF IONE
Charter No. 144. Reserve District No. 12,
At lone, in the State of Oregon at the close of business Oet. 10th,
1924.
RESOURCES
1. Loans and discounts, Including rediscounts shown In Items
29 and 80, If any ..... .... 1179.8.11.26
2. Overdrafts secured and unsecured . . 2 37iAn
3. U. 8. government securities owned, Including those shown
In items ao und 35, If any ..... . . 9,000.00
4. Other bonds, warrant nnd securities. Including foreign
Kovernment, state, luiiulelpul, corporation, etc.. Including
those shown In Items 30 and 35, If any , ... 3WU1
5. Htocks, securities, eliilms, liens, JwlifiiientH, etc. - . S.WI5.14
. Hanking house. I3.0W.30; furniture and fixtures. $.'1,509.26 e.MifiM
7. Real estate owned other than banking horn . . . 17,610.93
9. (alu Cash on hand In vault and due from banks, banters
and trunt comuuuU designated iiuif upproved reserve
axenta of this bank ..... ... r2.75rt.10
Total
!74,3I)7.20
LIABILITIES
14. Capital stork paid 111 . - . .
17. Hurplus fund
18. (a) Undivided profits 9.762.81
(bi Less curreut expense, Interest and taxes paid 18.445.32
Dkmanii Dei-ohitk, other than banks, subject to reserve:
23. Individual deposits subject to check. lucliiiiiiiK deposit due
the 8tat of Oregon, county, citle or other public fund .
24. Demand certificates of deposit otiuttindlnir .
Total demand deposits, other than bankdeposlU.sublect
to reserve, I Wins 23, 24, 25, 26 $IWI,0fl.71
Timb and Kavinu Dkpohith, subject to reserve and paya
ble on demand or subject to notice:
27. Time certificates of deposit outstanding ....
Total of time and saving deposit payable on demand
or i ubject to notice, Item 27 nnd 2 1 19,704.58
80. Note and bills redlscounted lucludlux bond or other se
curities sold under repurchase agreement with contingent
liabilities
$25,000.00
10,000.00
1,317.411
16Tt.7I8.ori
. 3W.74
19,704 58
1,308.84
Total
1,307.20
Stat of Oregon. County of Morrow, s.
I, ! It. tliinxel, cashier of the above named bank, do solemnly
wear that the above statement I true to the bet of my knowledge
and belief. I!. It. (Jurist), 'asliler.
Subscribed and sworn to before ms this 15th day of October 1924.
,..v .... Vctor O. 1'eterson, Notary IMibllc.
CORHLCT Attest: My commission expires 7-13, Hi28.
M. H. Morgan, C, It. Uunxel, A. M. Uunzel, Director. .
unit Jiin il linn II I r "Ml miMiwnJ
The Paclfl International Livestock
Exposition is an educational 'institu
tion. Its exhibits are brought for
the purpose of teaching the public
something of the work done toward
perfecting animal life for the bearftt
Of mankind.
But If, while learning thla lesson.
one may hsve a good time,. It Is so
much the better. There Is one unique
part of the Exposition which deUxhta
and charms the public more than any
other, and that Is the horse show1.
It used to be tha Night Horse Show,
but so popular did It prove and sa
great were the crowds that came to
see it that matinees were sildvd In
the afternoons ot the last three dsvs.
Last year it was asserted by visitors!
who attended the great horse shows
of America every yeax. that the Pa-1
rifle tntemsllcinsl wss snrnnied in !
variety ot ptrformance aad excel
lence by no other horse show la
America,
Kmu ot tha finest show horses In
America were ut th 1913 show aad
they gave p toruisnces worthy ot
their reputstlo. , This year even mora
elaborate pre aratloas have beea
made for tha t low, Soma wonderful
nurses, both for torat aad action, are
to be here. T ,nre will be showa all
the gaits, and all tha feats possible
within a horse show arena.
Itapldly this show hss corns to the
front aad today It enjoys an astonish
lug reputation Th blue ribbons It
grsnts for conformation and perform
snc are eagerly sought by the bsst
driver aad o usrs of this country.
It Is assured already that th show
this year will turpass la brllllaac aad
thrilling Mailt aad class all Ita pre
decessors. The spectacle ot Industrial exhib
it will be oa ot surpassing beauty.
In a blase of light, every color of
the ralabow wt b blended t express
snd emphsslsi the quality of the
fruits and ver 'tables, th wares of
every kind, to a exhibited. Tha best
aiuulc obtain: lis wilt b supplied
every afterao it and evening. The
Manufacturer aad Land. Product
Show and drain and Hay Show under
th management ot C. D. Mlnton, tha
Dulry Product i Show In- charge of L.
B. Zlemer anc other fealurea deaerv
more than b: re mention but apar
forbids.
Tha Pacific International Livestock
Exposition affr-d every nisa, woaian
and child bot' education and eajojr.
ment. It la t Id at North Portland
November 1 to S Inclusive.
"Cong before the railroads war
turned oack to their owners, 11 wss
realised that government operation
waa a fiasco. The public had never
belor known such poor service and
auch high ratea. Shippers were serv
ed In miserable fashion and the situa
tion became Intolerable.
"The government waa In dire strslts
In handling the problem. President
Wilson dreaded to bold on to th
railroads, yet he could not let go.
Government control could not continue
without the nation well nigh bank
rupting Itself and yet the owner
would not receive th road back In
th deplorable condition to which they
bad boen reduced by government con
trol. Tha public patience wss ex
hausted, f
"President Wilson told congress tha
roads should be returned to their own
ers but said he did not know just how
It could be done. No specific advice
waa offered, solution of the problem
being left to the next Republican con
gress. "The Esch-Cummlns act. also knowa
as the Transports4ion Act of 12.
prescribed the manner ot giving back
the railroad properties to their owners
and their future operation. For a
Ifjlod. pi aji. jBonpiUW'r-ftw, tb
line were turned" back" fo thelf own
ers, therj wa a government guaran
tee that waa fir the purpose of tiding
the lines over the period of readjust
rient and to ullnw the propertlea to
reciver some.vhst from the blow
dealt th m by government control,
"Hut this guarantee was only one
half whit It wa under government
control and It endod In six month.
This wa about th best bargain that
could be made to get out ot aa aa
fortunate sltustlon.
"Th railroads bare never recov
ered from tha Immense burden ot ex
pense saddled upon them during th
period of government control and th
public has had a tremendoua bill to
pay aa a result of th experiment. On
trial ot this plsn should be enough.
Wa bad all wa wanted at that Urn."
Farm Implements
VULCAN and OLIVER PLOWS, SUPERIOR
DRILLS, FAIRBANKS MORSE ENGINES,
MYERS PUMPS, STAR and AERMOTOR '
.. ..WIND MILLS. WINONA WACONS.
PAUL G. BALSIGER
; lone, Oregon
W. A. Thomas was making
calls in Cecil on Sunday and
discussing the leading topics oi
the day. viz. politics.
Mrs. J. 0. Neal of Ewing is
visiting with friends in Hood
Iliver for a week ot more.
-t l i ww i mm
m J S ai f asf Mm
umsmmait now.
or during the
AWinter-doyoiir
' inside painting
OUR woodwork, your walls, '
your floors and stairs, cup
boards and furniture all can con
veniently be "freshened up" with a
coat of paint, enamel, or varnish dur
ing the fall and winter months.
, Make a list of your needs, then
talk the matter over with us.
We will be glud to advise you in protecting and
beautifying your home, inside and out. Raa-
mussen Paints and Varnishes are recommended
and sold by us.
BERT MASON
IONE, OREGON
Hfunumm froduBi
Dm atwl P mat D.l W.li r WT L -U-
Trade snd Tracts Paint Wsll Paint
Geosot Shingle Stsia Inside Hour Passt
Poedi Floor Paint Oil SuW
RacoUt Enamel Fleet and VamUK SuJm
iWi Ratmumn Prtimtl ot El try Sutfatt
Under New Management
IONE HOTEL
' lone, Ore.
Refurnished and Strictly Up to Date. Commer
cial Table First Class. A home away from
home, with best meals in Central Oregon.
SAM GANGER, Proprietor.
Nice Rooms. . Good Service.'
lone Market
CEO. W. RITCHIE, Prop.
Wholesale and Retail Dealer in
FRESH and CURED MEATS
Your Patronage Solicited.
IONE HARNESS SHOP
C. A.' DECK, Proprietor
; Drop In and looh over my
X Line of WorK Shoes, i
1 I have a good ttocK of Cloves and
t Harness Supplies.
1 Repairing at Reasonable Prices.
Rochbbttom Prices
On John Deere Wagons and
Van Brunt Drills
We have a Complete Line of
Staple and Fancy Groceries.
Fresh Vegetables every
Tuesday, Thursday
and Saturday.
Bristow & Johnson
eEEgBBBaBH
The INDEPENDENT, $1.50 a Year.