Page Four tmitlMUIHIMIIIIIilMIIIMmilliMMIMIIHItlMlllt WOOLGROYYERS SOUVENIR EDITION HEPPNER GAZETTE TIMES. MONDAY, JANUARY 14, 1935 lIMIIIIIIMIIIIIIIfMlliltllll IMIIIIIIIIim(IIIUInHlllllltllllllll IHIIIIIIItllltltlllllllllllllllllllllllllllllllilliilltMIIIMtlMIIIIIIIIIIIIIIIIIMIIKIIIIIIIIIIIIIIIIIIIIII "" ' iiimiiiiiiiiiiiiiiiimiiiiiMiiif Heppner's Gymnasium-Auditorium .j 'MI ; I lv t. n - GREETINGS TO WOOLGROWERS HEPPNER GAZETTE TIMES takes pleasure in handing you this little souvenir edition, intended to give you pertinent information regarding the convention and the association, and to reflect some of the spirit, past and present, of your convention city. The publication has been made pos sible through the cooperation of advertisers and your associa-' tion officers, of whom we are especially indebted to Mr. Walter Holt and Mr.J. G. Barratt. We hope that you will find the material, hastily compiled by necessity, of interest, and that such information as may be gained from its reading will help make your stay in our little city a bit more enjoyable. The editors of this newspaper would indeed be1 remiss in their duties if they did not try to leave the impression that Heppner is the best little city on earth. May we wish God-speed to the 38th annual convention of Oregon Woolgrowers association. Visitors Receive Sheepskin Scrip Each registrant at the state wool growers convention will receive a brand new 50-cent piece of Sheep skin Scrip, made available by the scrip trustees. The scrip now has no value ex cept as a souvenir, for the last day of cash redemption passed Decem ber 31, 1934. But it is believed it will be cherished by the recipients as a monument to the sheep Indus try, representing as it does the me dium of exchange which held up Heppner's business structure dur ing the deepest throes of depression, besides returning a nice profit to the community. Summing up the scrip account this week, the trustees Dean T. Goodman, president; L. L. Gilliam, secretary; L. E. Bisbee, D. A. Wil son and Spencer Crawford found that the venture had netted some $1100, There were a few odds and ends to be cleaned up before a de tailed statement could be made, which is expected to be given with in a short time. This residue, reap ed from demand for the scrip as souvenirs, will be expended at di rection of the trustees for some item of community improvement not yet decided upon. Whatever the nature of improvement may be, the trustees are determined it will be something worthwhile to stand ' long as a reminder of the way ini which the scrip, and through it the wool industry, came to the rescue of a beleagerd city.' Back In the early days of 1933,t money and credit had dried up in FOR 33 YEARS Th omson oros. have conducted a general mercantile business in Heppner, and have appreciated their pleasant dealings with sheepmen. We are glad Heppner has the priv ilege of entertaining their annual convention. Welcome to Our Store WILSON'S IS HEADQUARTERS FOR HIGH GRADE WOOLEN PRODUCTS WE WELCOME YOU, GROWERS The Store of Personal Service i The meeting place of Oregon Wool Growers' 38th convention was contsnicted in 1927 at a cost of $27,000. Heppner to a point where teachers' warrants, sold for many months at a heavy discount, could not be turned at all. Local stores had tak en the warrants to the limit of their ability, and the last resource of the teachers was to place their warrants with one or two large Portland stores who permitted them to be traded out. Local stores were not only suf fering from the loss of business, but it was apparent that the schools themselves must be closed unless something could be done about it. Scrip was not an original idea with Heppner by any means. For several months Tenino, Wash., had its cedar scrip in circulation, and other points over the country, were having more or less success with scrip of various kinds. The idea was in the backs of many local heads. But Dean T. Goodman was the first to advocate a local issue. His effort, with the ready help of others, resulted in the calling of a public mass meeting. Just who thought of the sheepskin idea first is not certain. The idea was prob ably germinating in many minds, for when S. E. Notson made the suggestion it met with unanimous acclaim. The first mass meeting resulted in a decision to issue scrip with the idea that it would be spon sored by the city. A ruling by the city that it was without power to take such action, resulted in call ing a second mass meeting, at which the trustees were set up with full power of control over the issu ance, redemption, and expenditure of proceeds, if any, of the scrip. The idea of Edward F. Bloom, city school superintendent, of issu ing the scrip in exchange for school warrants, was Incorporated in the plan, and the set-up was ready to go. , Because the leather scrip would not stand up well under much usage most of the actual circulating me dium was printed on paper, the leather pieces going out mainly as souvenirs. Calls for It came from all over the United States and from several foreign countries. It went into museums here and abroad, pub licizing Heppner and the sheep in dustry. Its ready acceptance by businesses and Individuals locally gave it sound status as a local circulating medium of exchange. Many pieces of it became so soiled and worn that they had to be replaced. Denominations in which the scrip was issued were 5c, 25c, 50c, $1 and $5. The total issue was $5000. All the circulating "medium had been taken up many months before the final redemption period. All the warrants held by the trustees have been redeemed, interest on which, plus a 5 percent discount at which the warrants were taken, and the sum realized from the Bale of sou venirs, represents the profit from the venture. And the profit less the cost of printing which, by the way, was done locally and the cost of administration, represents the $1100 net profit to be used for community benefit. - Intense interest is being taken in the convention by woolmen in the immediate vicinity, many of whom are planning to spend the night in town rather than return to their homes. Many attractive displays are . Then there's an opportunity for arranged in the store windows, some statistical nut to figure up helping to reflect the city's inter- how much money barbed wire est in the convention. made for the Indians. A personal relationship with folks of the wool industry in this section for 47 years has been our privilege and pleasure. Make this store your headquarters WE WELCOME YOU Malcolm D. Clark YOU GROW IT, WE SELL IT! SUCCESS TO SHEEPMEN and WELCOME TO HEPPNER J. C. Penney Go. Inc. DEPARTMENT STORE W. O. Dix Grocery The RED & WHITE STORE extends its best wishes to Woolmen and bids them WELCOME i