, ... 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.