Image provided by: Morrow County Museum; Heppner, OR
About The Ione independent. (Ione, Or.) 1916-19?? | View Entire Issue (Sept. 5, 1930)
The IONE INDEPENDENT IONE. OREGON Friday, Sept. 3, 1930 Men give me credit far same genius. All the genius I haie lies in this: When 1 have a subject iu hand, I study it profoundly, liy and night it is before me. My mind becomes paraded with it. Then the effort which I have made is xchat Ptvple are pleased to call the fin it of gensus' It is the fruit cf thought and labor. Alexander Hamilton BEVERLY HILLS. Well all 1 know Is Jnr.t what I read in tbe papers. And outside of the thermometer r e- ports, there Just aint much in the newsprint nova- da vt. This heat thtug accompanied Wr&r rJI -!: U rfmnth ha 113,1 everybody pretty bad scared up. Course there is not much a nun can do when its heat thats bother ' ing us. We can ad vise everybody to sit in the shade, and avoid the cr.n as muc'.i as s aible. Then It i:s r-ln t!.ey need why advise them t: rai:e crops that do. it need much lain. There has been a good deal ot trouble out In t':e Dakotas about the history that Mr. Coolidjre was sup posed to write on a rock. t It w as to run 200 words and give tbe history ot America and still not go into details. Well 500 words dont allow you much history. Course we never had much history, but like all Nations we think we have. Well the Sculptor dident like the history tbst our l.x President lu i cooked up so he made as we say in the eighth art (tbe Movies), why he made tome retakes" on the manu script. It seems that Mr. Coolidye had with an eye to future Campa'cas given our History from a Republican standpoint There bad been Demo crats engaged in our history but only In the capacity ot Villans. Well poor Dakota dident know w hat it was all about, all the Interest they had in the matter was to furnish the Mountain. They Just wanted some thing that a Tourist could read, or have rend to him. In fact the i:-. ire controversy tbe more would come to read. What constituted our early his tory dident mean a thing to my old Friend Beulow and bis co-horts. The Dakotas just said Hwe got the rock. Print an Aimee McPherson aermon on it, just so somebody will barn out his break bands to come and see it." If they leave the Coolldge version on there, they should advertise it. "Come and see tbe Republican history cf America In COO words." See where one of these young boy tree titters has just passed his 500 hours sitting in a treetop. There is a good deal of discussion as to what to do with a civilization that produces prodigies like that. Why wouldn't it ) be a good idea to take their ladder away from them and leave 'em up there? j Pretty near all ot us out Lere In California during these hard times j are telling our homes and tbey tear Always a Way Out "Of course. If you cannot find ti l'.;iw In my opponent's argument." sulil il:n (Jrent Orator to his alert Mvrtt.iry, who was composing a siii-h. "yon rati Ju.-rt say It Is 'Insincere.'" I ii-tioir New, AS m mm At your journey's end. Telephone Nothing is as reassuring c.z the sound of your voice. The average inter-city connection is now made in less than 2 minutes. Charges are low. In the evening, for "station-to-station" calls, they are even less than by day. The front pages of your tele phone directory tell you all about it. The Pacific Telephone Jfa AND Telegraph Compan? 'em down and put in thesu premature golf courses. You can't sell for much, but they give you a free ticket to play. The jails are putting 'em In no to get the prisoners' minds off mutiny. Say, that little jacking up I gave Mr. Hoover about the weather did tome good. Y04 know these Republi cans just r caroless 1; st way. They are so use I to running everything fcr "so long tlK.- just think It will go with out them. China is I uvins a new war. 2 id i are haTlng i.ouMj getting iu.o it. We always have gunboats there, so if there is any shooting why one of our boats will be shot at and that gives us :tie usual alibi But this lime It seems we only ha I one gunboat and It had to manoeuvre around for days before It could get la the line of Are. Xow Mr. Hoover being a b.tsiners man, I bet you be takes that Senate i and House ot Rep resentative space in the Capitol building and turns It into miniature golf courses. Would you be lL.e it, there Is 3,500 ot 'em in the city of Los An geles. Then people ask what's the matter with this country. Nothing, only there is mil lions got a "putter" in their hand when they ought to have a shovel. Halt ot America is bent over. In two more generations our children will grow upwards as far as the hip, then they will turn off at right angles and. wUu their arms baaskoa; down, we will be right back where e started from. Darwin was right I thought the California papers were exaggerating, as usual, the beat in the East, but I guess tbe rascals were right at that. What has the poor farmer done agalnit the Republican administration that he should deserve all this? If it's not the heat, it's the d ' p tnow. It it't not the drought. It's the floods. It It's not tbe bolt weevil. It's the tariff. It It's not the cinch bugs, it's the Federal Reserve. If it's nof relief he needs, why, It's ralu. But there is one pest that he Is always-free from; that's the Income tax. (5 I9JQ. Mc.Viufhi Srodicitt, Ic ) Another L.tttr Needed A movement to reduce the nuinher ef letters In the Itutil.:n nliihaliet re veiils thut there are .'tfi. We have oft en felt we needed another In ours, to Indicate what the cartoonist means hv "Tk ! tKk :" i LEXINGTON NEWS Miss ANABELLB STRODTMAN Vcstcr Inc was taking care of the Independent Warehouse on Thursday while the manager, R. Jackson was attendinn the Round Up at Pendleton Mr. and Mrs. George McMillan are up from Cherryville to visit faiendsand relative. Dallas Ward left on Wed us d y last for Minneapollsr Minn , where he will inter upon his third lyear as athltic Coach In tne John anch banking question Is forecast In l,.Uili.ikC.k,,l II...,-. 1 review and report covering rapM Marhal High School He was ac hing0i w , UlMng ,Hlul,d CompaniO I by Miss W ilma Leach j tero by the Economic Policy CommtH who is inslructcr in Physical Kdu:l of ha American Bankers Asso- Cliion Iu thnt Citv I . Canon IU inai City. I Clark J .ckson, cf Salem, CV.,' !came thrush I rxington the last of, . . I the week on his way to the Pendle-j :ton Round Up. He is a brother of Ralph lacks: n. a a r I i" t 1 it l Mrs. can cskcison ana uaucn- V" ter have returned from a few weeks ' star in i.cm. I Mr. and Mr?. Pe cy Connor and .... . . , ... children who have been yisiting at 'the Arthur Hunt home iefton Sun. !, e .... . . iiy fcr Ctrn-i View, Washington, to vi-.it Mr. Connor's mother. . After two weeks vacation with her mother, Veil Ward left, Frid.iy for Corvalli to take up her duties . r. ... i n i r i at the First National iiank of that city. Mrs. Ola Ward accompanied her daughter as far as Portland. Mr. and M s. G!en Gale who have be n voting Mrs. Gales par. ents, Mr and Mrs. S. Wright left ' t for their home i.i Seattle on Satur- day last. They were accompanied by i ' ' Mr Gale's father who came up from n ' i n- e . . Portland to see the Qty of Lexmg ton 1 I Rufus Pieper is having extensive j L; a improvments made at nis Meajow Brook rarm on th heppne ntgh- way. Clark Davis has the work in . charge. ! Lexington citizens formed "A Big , Parade" on the streets of Heppner, 1 i Saturday afternoon, bome were i doing hst minute buying for the kiddies who started toschool on labor day. Others were out for pleasure. A number of Lexington ran chers finished their harvesting in time to run over to Pendle ton to see the Round-up. A mong them were: Mr. an J Mrs. Geo. White, Ed. Cummings, Mr. and Mrs. Arville Cutsfortb, Mr. Mrs. Archie Nichols, ar d . n x. ..... iMr. and MrS. UUS McMlIICn and family. James Ritchie, wife and chil dren of Salem were week-end visitors at the home of Mr. and Mrs. Geo. Broadley. Miss Alice Palmer, Class of ioe i if o i - i.. -i. to, Li. ii. o. unci a rduuau of Pacific University Will be in charge of the Morgan school for the coming year. Miss Pal mer has purchased a Chevrolet Coupe from the Ferguson Mo- tor Componv of Heppner for : ,l.,:n. f,. -,n,l fvnm uv'o auu iiwiu mi school. ContinuiJ on last Pg. Weather Report For August. I Mokoa:.' Station jNo.ofClearDava 23 00 j I No. partly clouJy days 4.00 No. cloudy days 4 00 Total precipitation 0.21 Total reclpi: alie n since September 1 7.C7 For same perio.i last year 6 49 Direction of prevailing wind... W R. E. Harbison, Co ofturativt Ob&aruer. BLcuy C:.: V.'ir Battle In the buttle of Antletiim the Fed eral forces lost Y.,:.'.)'J killed, woiunird and missing nnd the Confodersit forces lost 11,000 killed, woumlod nnd ( mlsKlng. It wiih one of the bloodiest battles of tint Ci;i war. More men were killed on i; ptcmlicr 17. IS!!'.', than on any other one day between 1801 and &Ci. RADICAL CHANGES TRANSFORM BANKING National Commission Sees Changing Opinion on Branch Banking Issue Studies Group a:.d Chain Banks, NEW YORK. Modification of the at titude of bankers on the long disputed nation, me rcpon. nuwerer. tuur roferrlng to recent proposals that lia- tlonal banks be given branch banking T"'" " iwitory surrounding their location, declares that "we do not believe that so-called y"' br'nch, ba"k,nK, " "1 tj gain the support of any largo per centage of tlio banking fraternity." The commission says that the "most 1 important di vt'.ciu.ieut that has n- fected American banking In rec-nt years involve the- vapid growia or multiple banking organisations In the. fm of rouP. --! nd branch bank- ?lng systems." and a;! '.1 that "we pro- Mt n,port M in unprejudiced 1 fnomlc study and have no theories or policies to urge at this time." Tbe ttatement says that the commission's Information indicate, there are i.uw i JC9 group or chain bank system, vhich coutrol 1922 baukt and I15.2S5.. C0O.000 In aggroKate resourcet, nnd that there are only tlx states and the riatrlct of Columbia where It docs no'. fln(1 nr "rouP organisations, Th. . i...u.ii0 "We have been In touch with the managers of many Important bank rroups," the report says. "Aalde from :'8 obvious economies of centralUed cperatlon and control a number of these organization beads very frankly u thl ,hy da(not feel(1th1 th fystem has been In operation and fvted long enough to Justify them lu ,,:;lln p",!l)1,V9 ?r :rnts as to Its advantages or dlsad- tantaget compared to unit banking. "The Banking and Currency Cum- mttM of ,h lloiIMf whlch t.on. cutting an Investigation Tnio banking envelopments, has called a number cf operating heads of some of the rrrcat r'oup systems. These men declared .... , . . ... . ,, thnt they found, under certain condl- l.1'. JUtago la both group and brut'a lianklng over independent unit bank i:ig. Some thought group banking was only a transitional stage, that branch tanking was preferable and it It were ml"cd oa " "''"i enough icaie they would change their groups over to branch systems. Others held that group banking was preferable. "Some held that the Ideal plan wat r. combination o' the two with group I i.ik units for liicall.!es strong enough t srpport complete banking Institu tions and with branch offices extend ing further into the smaller places requiring banking services bjt not lrgo enough to support complete bnks. Several ot these who advocated multiple banking declared that never theless they believed there would al ways be room for vigorous indepen dent unit bank competitors. Government Officials Exprsis Views "The Comptroller of the Currency recommended that national banks be lTCn branc nkln pwc" wl,h'n trade-areas.' The, Governor of the Federal Reserve Board appeared to be In general agreement with the Comp troller. He said there were 24.C45 banks and 3,147 branches, a total of 3,132 banking offices; that In this total, 6,311 offices were either branches or bank members of groups, or both, having 21,839 banking Institutions that might A deiinitely termed lndo- i pendent unit banks, having no and fa no way connected 1 Iranches with group affiliations. He said all the banks bad total loam and invest ments of $53,500,000,000, ot which the l.roup and branch systems bald $30, 100,000,000, or more than half. "He opposed nation wide branch banking at present but said that ulti mately if bankers became trained and inurli'ticpil In iha lartrnr tachnlniiH , of 'trade-area' banking he thought it voulil In time evolve nation wide . jranc!l bo banking under control of rel atively few banks, but he did not be lieve this would mean monopoly or lack of competition. He favored branch over croup banking which, however, he said represented an eco nomic development along 'trade-area' lines and would spread unless some thing else were substituted and thought 'trado-area' branch banking would Hon of the Commls- ston to develop its own studies la tese questions, watch carefully every move inai is mane anu every on oi information that may develop in this connection and keep itself preparod to give an unblaHcd and accurate statement of flie facts of the cane whenever that is desired," the report concludes. Ftdsral Reserve Pays Oevernment In tlw fl f toon years since Its oatab Ilahmcnt lu 1914, aggregate net earn ings of the Federal Reserve System's twelve regional banks have amounted ,to $510,216,000, ot which $90,072,000 ,haf been pa(l t0 the member banUa j I dividends, representing 8 per cent an nually on their contributions of cupl :tal to the reserve banks, while $277,' 1434,000 bas bocu added to the surplus lot the reserve banks and $147,110,000 has been paid over to the Federal 0rveramenUai ft tsuchlae fex, TAKING THE GUESS OUT OF BUSINESS By JOHN O. LONSDALE President American Cankers Association BANKERS and uiitlne, muu err In not adopting more uiilveriully the tacttca ot the sciential, Y..uu the sclentlNt whhes to futhoiu the mystiM'les of the universe or re solve tliiiiM Into their cointKnient parts he culls to his assiatanc the magnifying power of the microscope. There before him, like an open book, lie the secret of nature which un aided eyes cannot observe. John Q. Lonsdale The uncanny power of the micro scope's all seeing eye hat revealed countless secrets for the material and Intellectual progress of humanity. It has enabled us to study the processes of growing cells In plant and animal life, trace the cause of dlaona and successfully combat the Ills of man kind; It has aided tbe engineer In hit search for etrongcr and mora service able material, giving us taller, lighter and more sanitary structures), and bet ter highways; it has dlxclosed the de fects In steel rails and brought us an era of safer railway travel; it hat added to the foot! supply of the nation; la fact, It baa affected favorably n f irlr every activity of the hum: .1 . . whether It apply to product I . U trlhutlon or consumption, lu I. . of p ace or In time of war. In the business and ImuUi.g world, economic research am! analyals serve as thn mleroMcopa through which we ate enabled to boo basic factors more clearly and thus determine tho caue.! of success and failure. Only recently have we begun to realUo the full valuo ot research and an.ilyal and apply Hum In .all a way as to illmltiat.i the guessrork that was characteristic of Industry a few year bko. "Eliminate the guess i.d re.nh urceis,M might well bo a me to for all of us. Banking Conductinaf Continual Research The American Hankers Association Is dally submitting every phase and every department of banking to search kg scrutiny aad etiUy, says Joke. (i. I.msdale, president of tills the world's greatest financial association. The findings of those Inviitlgattons are made available to the 20,000 members of the organization for their guidance. "It U a fine tribute to the spirit of cooperation among bankers that it Is able to carry on this work," be says. "Hankers from one end of the country to the other are constantly giving free ly and unselfishly ot their skill and experience so that tbe ts .oilatlon may produce the truly great resulu that are being accomplished." Statistical Information on national and state banks, savings institutions, trust companies and trust deyu tujoMs. cluarlng bouse groups and general banking Is prepared after exhaustive Inquiry and distributed for tne use of all bankers. The organization's In vestigations have resulted In the pas sage of beneficial legislation, revision of banking practices and Innumerable changes for a stronger and more ef ficient banking structure. It has set up an educational system through ltt affiliated American Institute of liank lt:.', where 45,000 ambitious young bank men and women are now availing them selves of tho opportunity to advanco id the banking field. "It bas been well tald that tbe American Hankers Association, exclu sive ot tho Federal Iteserve System, has been the greatest single nation wide source of stability and improved conditions for banking In tbe United States," Mr, Lonsdale tayt. Banking; Growa More Complicated WJN'VER. Colo. The Increuso in the technicalities of tho banking business lu the p t doze n yuis was ni.own by a fpuak'-r before the Amerlcai In stitute of llanklnc which held It i an nual convention here recently vhon he pointed out that in 1918, wb ! the institute last met in this city, ic ;;ive only three courses, while today it i;ivcs 10, with more subjects in preparation. At the earlier date, he said, the cur riculum of the institute couaiKtod ot elementary banking, commorcUl and banking law, and money and b: uklng whereas today it consists of banking' fundamentals, commercial law, nego tiable Instruments, suiudard econom ics, standard banking, credlui, invest ments, truut functions, analysing II nun ciul Hlatenicnta, and public spoakliif, while the two new subjects of bank operation and organisation, and bank management are to. bo added. The New Pfee of Business Changs Business ovoluiloa u:;cd to niovo slowly It lujuaurcd off Its gradual changes almout Invl.ilbly, like thn hour hand on the clock. Hut toduy Us tempo Is that ot tho second hand. Tho move ment ot evolution that Is quickening business with rapid changes is alarm in jly vlalble and makes It difficult to Jueji un -with them. IU 8. liecht. Willows Grange Pomouu Granite at Itheit Creek Satnrdiv, Oct, 4. Piny (Aunt Jerimhnon th Wur Puth ) nnd Curnival. North Morrow County Fair Ml Hoard man, Stpttmhtr Z and .':!. Oranif'r, pU'nto' rtmmUr there will lie Initiation lit ti t 1-t '). H'ld (it'ttiepa OM tlM' fVtrfiil'sT of September 13th, and in the lii and 4th deitrcea on Saturday evening, Septembvr 27th. AH 2nd degree member ar welcome t ) attend both meetlniia. Additional Local Continued From l'un 1 W. II A. Smith ha4 relumed ti lone ufter an iietixc oi tvii tmnthH M '. ni MrM. OUn of Arlhglt n h ivff tie-n uueitv al ih- home t f Mrs. O -ens lstei. Mr, tlli.foi.l Ohriatophrion. John Cochran it attain in lorn. Mr. Cochran has been in Yakima for aome time where Mrs. Cich ran ia taking- medcial trvatment. Th John Hrjfuon family and Charlea O'Cunnrr jr. picnicked t the Columbia Hiver Sunday. ' Mr. Mm, Lenne Laiit aia vatutiuiiiiiir in Madraa. M-. and Mrs. Carl Lirn were outKointc panseriKera on the Sun i iay niiiht train. They will! visit at Catnlamet before uointr on to Siiftz. Orew'on, wherti Mra Liin will teach thia j tar. j En Crtlkiri and family and Carl Calkins and fami y have returned to their homes in Mo Minnviile. ihev have been heiv for the harvest work. , Sec llristow and Johnson, ' Saturday an Monday Specials. Merle, Hon of Mr. and M c and M s Myrn Lindley, " i t of the family, carne up f ri w' r' land and from here mo;orea with j Ted Blake to Pendleton attend .the, Round Up. Ted Blake accorn panied thetwo when tl. y rturned to Portland, making the trip by auto. Mra. Roy Lienallen. Mrs. Vada Nyberl andK, VV. Bron" week enJ visitors in loi ' Mra. Elmo McMillan u .,.11 daughter returned Sunu-j iu nr home in Saiem. Her parents, and her sister Eva accompanied hir ati far as Hood Uiver where she wa met by her huaband. 1. K Kobiion in transacting business iu rortlard this werk. Mr. and Mrs. William Christen sen and two sons. Jack and Sam, were Thursday night guests of Mr. and Mrs. Elmer Griffith. They were on their wt train their home at Hili'boro to Pen dleton to take in the Round Up, and Irom there going to Yellow stone National Park. Mrs. Chris tensen will be remembered as Miss Delia Jackson, a former teach er in the Ioue high achool. Cook with Gas. See Bert Mason. George Frank, wife, HmieVr Hazel aud Henry Ro"ii, wife aud son have gone to Ue ennr . for their vacation. Whii- LI. G. Frank is away, Mr. P. J. Linn is acting Marshal and light and Water master. A pleasant family dinner waa Kiven Sunday at the J, W. Howk home on Riverside Drive. Those who partook of tho dinner and enjoyed the afternoon and even ing were the host and hostes, Mr, and Mrs. Howk, Mr. and Mrp. Chas. O'Connor, Mina Elmira 0' Connor, Mr. and Mrs. P.J. Linn Mr, and Mrs. Carl Linn and Mr. and Mrs. Elmer Griffith and chil bren. Mr, Btid Mrs. Ed Lindeken and children rrce'lly virited in Wt nd purn at the home of Mra, LiHe kpii'a parentp, Mr. and Mrn L. II, (JrnssrnHn. They mIho itjoimu a visit with Mrs. Lindken's cibter Mrs. R. O. Stone, her husband and son who are leaving foru new location ut Bnllingham. Star Brand shoes at Bristow & Johnson's