The Ione independent. (Ione, Or.) 1916-19??, April 12, 1929, Image 3

The Ione independent., April 12, 1929, Image 3

Image provided by: Morrow County Museum; Heppner, OR

About The Ione independent. (Ione, Or.) 1916-19?? | View Entire Issue (April 12, 1929)

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Newspaper Page Text, ... f ! IT-1 II. EDUCATIONAL PREPARATION A GROWING REQUIREMENT FOR SUCCESS HDERN BUSINESS Death-Knell Sounded for Gueuwork and Slipshod Methods by Advancing Technical Proficiency in Finance, Trade and Industry How Banks Are Developing a Professionally Qualified Generation of Younger Bankers. By HAROLD STONIER American Bankart Association THE groat school of Experience in xtill holding clauses in America, but the scientific spirit of the age had so gener ally Invaded the workHhops of industry and trade that they have largely become technical research and mmbmmmm slipshod methods. ; HAWXO srONitH. As a result, educational preparation in the techniques of commerce, industry and finance are virtually essential to outstanding success in these fields, as it is already an absolute prerequisite in the various recognized professions. This is not to depreciate the value of Bin anility ana eioenence in aim am, but duration aftnr all ti merely a means for helping Ihe Individual to apply the net food of the accumulated esperlcnce of many to hla own day's work a means for helping special nstlve ability to euros Into In own mora rapidly and surely and for en abling all class of ability to tain tha mailmum of success to which they art entitled. These facta art plainly recognised by prartlral, work s day business In evsry Una. Every progressive busl nxi orfanltatlon In America la em phaitilni tha Importance of aduratlon aa never before. Education haa coma to ba looked upon aa tha anewer to many of tha problems within tha or ganlullon aa wall aa to problems at ftctluf Induatry aa a who la. Business Organlilng Institutes Institutes for developing specifically qualified workera ara being operated or organised tn many fields of com mercial and Induatrlal activity, Theaa InatltutM ara tryliif various types of durational work with a distinct trend toward mora anl mora amphaila upon ducatlon for tha rank and Hla of busi ness employaaa of all grades. We have been having business full uraa In thla country at tha rata of abonl 1.000 a month. Thla arore apeaka for Itself. It la glaring evidence of In competence on tha part of thousands of builneaa men In handling tha prob lem! Inherent la their field of en deavor. Tha detailed record! ahow that practically 76 of business fail ure la thla country la due to lack of training and competence on tha part of thoee who failed. Thla la conrlu tve evidence that no one ran afford to undertake eiecullva builneaa re ponnlbllltlea without adequate educa tion and training. It la for that reaaon that every enlightened business organ Itatlon la today Insisting aa never be fore that Ha employed take advan tage of some type of techulral train ing. American banking la fortunate and haa Juit rauaa for pride In that It haa record of twenty-eight yeara of dell nltely organised eduratlonal activity among Ha workera to Ita credit for de veloping trained bankers. People In banka In large numbers are taking advantage of the educational opportu nity given by the great non commercial college of Ihe banking business, the American Inatllute of Banking. Tboy aea on every hand evidence! of the value of the trulnlr-T It gives. Of Ihe 10,0110 graduates of 1'ila Institute. 70 now occupy olTtclel p fit Ions In Amur lean banka. The oilier Su are still too ynuug to tin 'o attained such heights. Here la ri example and an encouragement to the people of all lines of buslnosa. The American Institute of Banking haa a membership of 61S50. Of these SS.851 ara class enrolments, compris ing younger bank people, bo 111 men and women, who are learning the sci entific technique of their chosen busi ness at the lime time they are en gaged In the practical work ot earning their livings at It The difference be tween the SIMM enrolled In classes and the (4,120 total membership com prises older bnnkers who have taken the Institute courses In the past or ara at the present time sponsoring some type ot educational work In 'he organisation. Banking Educates Its Psople It has been estimated that there are probably 375,000 bank officers and em ployees In the United Suites at the present time. These figures would mean that about one banker In every all Is either enrolled In Institute classes In banking or Is actively sup porting some educational function of the organisation. No statement could possibly give ninre emphasis lo the Importance pinned on education by the hanking Interests of America than these facts. Tills Ajnurksji luatlu.H, of Banking training laboratories in themselves and arc no longer run on the old-fashioned cut-and-try methods of former generations when Ex- fiericnce was considered the only teacher, t would be hnrd to find a wr: force in any pre-eminently successf I busint : or in dustrial organization in the United States today but whitt the dominating Ir-ul rship is schooled in the scientifi: principles of its specific field, whether mar.ufartui'ir., nr-"-cnandising or finance. The :.. !;!!y advanc ing standards of business in this country, with their relentless demands for efUciency as the r:ily hope for survival in t! e competi tive strup."le for ci-onnriic exislcnc:, l.r.s sounded the death-knell for guesswork and la the eduratlonal aectlon of the Amur lean Bunkers Association. It was formed twenty-eight years ago by bunk employees and officers and has been carried on ever since aa a voluntary organisation. Many students who have graduated continue their membership In order to give active support to some type of educational work other than the actual claas program. The greater part ot the educational work la rarrled on In 200 rltli-s and towns In the United Slates. Here the local chapter of the American Insti tute of Honking has Its regularly or ganlsed courses of study under super vision of the nations! body with local Instructors and directors to fulfil the standard requirements regarding text material, classwork and eliminations. Instructors are recruited from the stalls ot lesdlng universities, from members of the legal profession and from among accountants and bunk men who have mle a record in some field of activity In banking that marks them aa experts. All Instructors must he approved by the national organisa tion. They are compensated by Ihe lo cal unlta. The students pay tuition. In which they are frequently aided h their employing hanks, and this, to gel her with contributions made by the banks for general rlasiiruoin overhead, flntinrre the educational r""" Education a Pathway te Advancement trading banks in various parts of the country are Insisting that their employees take work In the Insti tute. Tb's Is frequ' inly a part of their contract of employment at (he time they enter the bank. It la also now quite generally understood In the field of American banking that study In the American Institute of Hank Ing Is considered one of the basic f.iciors In the promotion of the in dividual to a place of Importance In a Imnk. The Standard Certificate of the American Institute of Hanking Is an nually gaining a greater ami wider recognition among prartlcnl hankers throughout the I'nlted States These cerllllcntes are coming to have the some Importance In the h inking world that rrrilllculcs of education have in the Held of Ihe general profeaalons This Is a practical example and one thoroughly well demonstrated by sea aoned experience of the new spirit of American business. ONE COW VS. ONE DOZEN "Why milk t-vslve poor cows when one good cow will do the work of the twelver asks the bulletin of. the American Hunkers Association Agri cultural Commlaslon. It declnres th:il analysis of more than loo.mio In. II vidua! yearly records from cows on test In dairy herd Improvement asso ciations Indicate that on the avornge: Cows that produced loo lbs. butlerfnt a year returned $14 each over feed coal ; Cowa that produced 200 lbs. butterfiit a year returned I 54 each over feed cost; Cows that produced 300 lbs. butlerfat a year returned $96 each over feed cost; Cowa that produced 400 lbs. butlerfnt a year returned 1138 each over feed cost; Cows that produced 600 Iba. butlerfnt a year returned $178 each over feed cost ; In other words, one 600-pound pro ducer will return $10 more over feed cost than twelve 100 lb. producers. Thla does nut take Into account, either, the added labor of milking and caring for the larger herd, or the much greater expense of providing stable room for a doien Instead of a Ingle animal. The flituros are basod on farm prlcci (rout all purls of tb country. Ailing Heart Require Quiet, Rest to Get Well To 1(0 cure of your heart. You huve ...U V..,. Ill .... I. .. I. ....A ..... ""-. II M II1IJ4U Bllli'llHI I of work to il mid It does It without i ! i in you I . .v you tiro iiiiNireiiiinn it. inn when It tloce rebel mid tells - yj immmim'ii it mo ill iMiirf, 'J'IiIh Is the uilvlce of Dr. l-otils M. Wiirllelil, wiMntf In llygcln, the licnllli niiigii.liio put ':hcd by I ho American Medical uhxoi'IiiIIiiii, I lot tor Wiirllelil describes tho evi dence of n worn-out heart. You are nliort of lirenlh on exertion ttiut hud not previously produced (list reus. Yoli limy notice Unit your shoes are llghl In the evenings, bin Hint you have no illlllciilly In pulling them on the next morning. Then one ilny you dike cold ; Hie m-xl liny you nre short of hrenlh. ion hnve ii distressing cough und join feel lire swollen, As soon ns Ihe symptoms ere re I levei the flverugo. person wniits lo gel up, riithvr tlinii go iibnut slowly iiml gnidiudl) rettli-'j hnck to his tiMiol ucllvll). It would not be un tiilllgnlfd hud fortune for a person with n bud heiirt lo have a brokvu ti-U, too, I loci or Wui Held declares. One Birthday Present Bobby S irtlj N;:deJ "Nexi Thin, lay is my birthday, .l.i. My,'1 Hubby announced oar eve iilng. "I'h huh,'- grunled dud, without Linking up from his paper. Itui Hobby wue not I" be put ""'(pedal funl in I i'ti.i'v, in- rni .1- v.ci mm i lli..hi i up mi d ill's ln;i. "I ...)'. Uuililj, ticxl louisduy Is my iiliiliduy." "Well, well; so It Is." dnrt agreed. -Anil lio'.v old will my little pal be?" "!-l," llnliliy un: werei Importantly. "i '.x yeurs old," iiiuvl tlisil. "(Julte it Ind, iiren'l you? And what would tun like to Imve for a blrthduy pres ent?'' TImtc-s lol. uf .hlnss.ld like .0 r.ui you can't imve a lot of things, I'.ol.liy, Tell me Juit one tluit you'd ill.e in huve 1111ml of nil." Hidiby ktudied dm nilely. This u tin linpurliinl ra-tiislon. -Weil, diiil." he decidi-d. "I MU-ve Id like lo bine a new bunk t lust iiuiiniiiii can't gel nickels out of with a hairpin." Origination of Tsrm "Old Clary" 'I lie oilglli uf Ihe lei III "Old Cloiy" Is oitiliiltied III letter written by HoIh-iI M llnnuuil, presldi-iil of the I'.sm'X liiililuie, S.1U-111. M.ihs where 1 lie Hug 11I1011I wlili Ii It wits mild Is ii! kepi. Acciudiiu to a riHiit, lap lain I 'river of Siilein III ISII Cone itiiiiiiled Ihe brig Charles Ooggelt. wlili h siilled on lis fatuous voyage wlilih resulted In Hie rewtie of the iiaiilueers oi Ihe HrliUh ship llnutily A teller ncknowledgllig this service i-iintiiitis I 'river's Holograph, daled Ni.veinl.er 1(1. ISsii, und lienrs Ihe wi.rdu "My ship, my rmnitry and 111) Hag. U (il.uy." ,ny lie fnlrly ns- lilMiy" (MlylnitliMl tAlih In 1 'tn In ltir. Ihe llug which was m di-slgtiuted by him was prennieil In hlin by a friend la-fure slurllng on Ibis vojjige. Aa Odd Letter Boa A quaint letter box Is lo be found mi one of the front doors of t un naught place, l.iaid'ii. It Is In the len t nl a mini's bead lliniugli the vertically eloiiuleil ioo-.:lli ul wldili Ihe li-lters lire put. The hmojIIi la so tei) widely opened 1 1 111 1 II almost makes one's Jhhs ache In luiiglilng iiipiilhy. Tlie hell (un old fiishloiied wire pulling one) Is si HI more qiiulnl Again a man's face Is the model, ntul. In order to ring the bell, yuu muni calch Imld ol his protruding tongue, mid pull II well out I In Si 1 ul ford 011 Avon Ihe) havcb.si. tiuiklng use of William S1mkeH:iie ns 11 'I or knocker for very 1111111) yours, though mil villi such liberty this t-xlslliig In l.onil. n "Corn", ei "r niae" An laijuh 1 In 1 Tin: ."What a pity It Is Unit we umot coma 10 Hiuiie ngreenient wlib Nmih America alioiit 'inrii nnd 'niale.' (urn with no-Mis wheal Anns Hit A Untitle it mentis-ninlr.e So uheu I rend, ae I have dune JiimI now iiml puper hns hii'ii suei-esHfiilly made fmm 'corn liilkn.' I don'l know nluil la men tit tin llils paper a 1I.1II) Jmiriinl has lieeti printed In Hie male of Kansas. This liHik like being 11 discovery of far reaching consripieiii-e." 1929 PLAYINGSCHEDULEWHEATLANDBASEBALL LEAGUE 1920 tp am At At At .At At At 1 CONDON rOSSIL. HEPI'NEIl. IONE ARLINGTON WASCO fossil M.3,. g ms- HFPPNFR April 14 May 19. Jr-ru-iv June2 30- April 28. IlLliiNLK June 16. ' VVThMN June 30. : Mi76 April 21. Apiil7. IONE. MAv 2G m 19 IONE jufy7 June 23 Jun 9 INDEPENDENT 1 ' M,y l2' ADrilL'8 I.,n 2 Msy 8' April 14, RENEW OR M,u ,q ARLINGTON juPne 3o! J,lv 7- Junt 16. M,y 19' " . - May 5. April 21. " n April7. SUBSCRIBE WASCO May 26. July 7 June oa y 3 ' June9. TODAY! ADDITIONAL LOCAL A land deal w ft ( U red WeHnis , . , f , . ,uv wirroy ui n L,innstrrm no comu owner of the 347 acres of land recently purchased by An lone Holub from itn defunct Bank of lone. Mis. WedrJIe reiun e I to Pen dleton Tuesday alter a pita ant week's vidit with her daunhler, Mil. Walter Eunanks. While Norton Lundell was splitting wud Monday, te cut his hana quite bud y. ft r q jired ten cticchea to ciose the wour d ValKene Clank, ttin little dauh t-r of Henry Clatk, has been qu te ill. EJ Dick made a buninegs tr'p to Pendleton, I uesday. ilxro'd Dnbyns wat seen cn our btrerts. Webnesdsy. Gilbert Petteys, of Walla Walla is here visitini? relatives for s few days. The Food ShIp, Saturday, un der the auspictu uf locust Chap ter. ino. U'J, u L 5., was welli oat'O iized. The la it cleired! It7 in ,.,t,i, m M i. .,1. ....a . V't 1. lOVll II .IT JIu'.CU 111 xnd us d '0 buy j flowers arid other incidenta'r. Dr. John Baleiger, of Pcod H .tr w at in our town, last week ffrr a brief viri wiili rrlatveB Mrs. Wa'ter C chran is ihe proud owner of a lew Chtvro I t coach. An interestitiK Minsionaiy rreel - wag Apr 4 'at ihe Conjfreeational church. Mr. Martha Diik was leaner at d the subject under discussion wis; Miegions in Tuikey. The next meeting will be hld Thurtdai afr.tinnn Miv ! Pr.,ina iu 11 vu 1 1 1 Me UIVI j VIIV I C ,1-ivileJ to attend. Lcage Directory IONE I.OIKiK No.l'.'O, A. K. A A, M. Mit-Is every tlrnt iiml third Wednee li.iy uf each month. W. M., Htrlss M.CurJ, ircy, V. E. Ball ltd j t.ix-unt Cliupti-r No. U'J. . K, j M,u tll.onil ,, ,,., Tu, day uf eneli month. W, M..U.7E. HubiKiS Skj., Itutk Minis I IOM-: UMHiK No. X I. . ! Meets every Friday evening;. . K. N C, H. C. Rsslus Swy, It HU in MM intASs i;i;ui:k.aii No. U. I O. I). K. Meets fimt und tlnru t'liurailiiy of t-iuli mouth. N. C, Luc.U Brine Scj Veidi Riubis Think ll Ovei To i-ense fiiuii r. ..;.i.. .... 1 iipiiiltu and In slreitgllien niicM-lf with sum vital I nl crest nccclcrali'S Ihe I Ii rill ot heul 111. I nil C rity TI,. .. ..s io:J giei I honit :i'. . .Ill I ,.t l, o America I " .' ht n small ', i r.i inl.etl the :li!a.: In liospltiila, i I roai thla i. i U has been ex : !i - u..,v fiitlctlnn 1 1,-. ii i. i ot t 'ol itiii- " I lie li'liilol) nf i i i : i -i I Its aim c :i:,i the giving of i. I ::.-:!! or ll StIIU -.1 :nd . small In u'lr leuib d mi l I l; in full) sl:i'e II' bin I iiou 1 ' cl i' II.IW..il i l- i- e pie f.U III ol l:o-l, Ii. Inn or nunc lu-vv of money. BASEBALL IONE vs Come on Fans SEE A SNAPPY GAME On lone Grounds Sunday, April 14 HOW LONG WOULD IT TAKE lor in investigaeing committee to swing into action if an ex ecutive department of the government should Include in its budget a section like iiie following? For finding out why a flag waves 1,000,000. 00 For chasing rainbows 1,090,000.00 Incidental expenses in connection with above items 1,000,000 00 Contingencies (same) 1.000,000.00 Total $4,000,000.00 Sounds silly does'nt It? Well, it isn't. The scientific research necessary to find out why ctp.lm tnrkinoe i Vin.-o a .orliln timlnkl Ul..... . . : 1 t t - -' i....... M villain ih llllll uiurf U, lllVUIVtll ilid&IHg rjinbows and finding out why flags wave, and it cost milieus of dollars. Creater efficiency with safety was the result. This is one reaso i why thj cast of generating electrscity wtih steam plants has peen helJ down, anl why the averagj unit cost of elec tricity has decreased. PACIFIC POWER & LIGHT CO. Protoitant.' First Church The hrsl I'rotestiinl church west of Hie Alleghetiles was built near the prccnt town of New I'hlladelphlii. olihi. In IT7i A t-inn wus started iberc In that year hy liev. I'avld Zeis iN-rgcr, Moravian missloniiry, and his hand of Christian Indian followers Soon a linger body of C'brlsllnn In II,. mm ni-i-lv.il nml llm liliii- ni-n ill i-n.l . I..c -b.H.lb.,use (also the nreiiil... mie In t tie Middle West), the above mentioned church, about 40 cublns and ihe community thrived. Much re ilglous and educational work was car rled on, but about five years later the town wn destroyed by hostile tn II. .in; Its location wns lost and not rediscovered unUI T.C3. Amoag (be Beit Sellers On the shelves of book stores In I'm Is, the New Testament, bound lu paper covert la to be found In price la Hie eunie ns that nf nny'pnper-cov ercd novel fifteen francs. There Is no preface and the matter Is not nr ranged In texts, but la printed solid. Cross hends give It a modem sp peiiniuce mid guide the render through the iionK'l. A table of cotileiils nr riiuged like the contents of a novel, mils the work. ARLINGTON Morning Glory Blossom Saved for Count'a Eyes A legend tells of the Introduction of the morning glory Into Japan, says the New York Times. A Jup-oiese prince heard of a vine that blossomed only In the early mnnilng. and null fled the fuielgn nobleiuun who own.J It he wus coming to aea It. When he ! "r,lv"1 " ine no ltne"p wer Irnll' Ing over the walla. Tha entire gar den had been uprooted tod there wus no alga of the flower. Being angered, ba atarted to leave. Having been Invited lo tea, however, Ida aense of politeness compelled him to turn back. On entering the tea room he saw a tingle morning glory blossom In a vase lo a raised alcove. Inquiring of the nobleiiuin why the garden bad been ruined, tha prince received the reply, "I ruined the gar den In order that yon might really tee the blossom. If it were In plenty, you could not really have obaerved It so well ns you did thla single last flower saved for your eves alone. A ProfessioBal Mao "Are you a dm-lnrl" she asked tha young niun at the soda fountuln. "No, mudnm," ha replied. "I'm a flzstklun." Vancouver 1'rovlnco.