Page Four Heppner Gazette Times THE HEPPNER GAZETTE. Established March 30, 1883; THE HEPPNER TIMES, Established November 18, 1897; CONSOLIDATED FEBRUARY 15. 1912 Published every Thursday morning by CRAWFORD PUBLISHING COMPANY and entered at the Post Office at Hepp ner, Oregon, as second-class matter. JASPER V. CRAWFORD, Editor SPENCER CRAWFORD, Manager SUBSCRIPTION RATES: One Year . $2.00 Three Years 6.00 Six Months 1.00 Three Months .75 Single Copies 05 Official Paper for Morrow Comnty -. Member O egSfTNewspaperPiibliefs oAssociatior The Rodeo Insured THE LATE Rodeo well substan tiated it's slogan, "the biggest little show of sports of the Old West." The program each day was about all that well could be run off in one afternoon; the events were good; the crowd was large; the pay off about even with the income, though a bandstand was paid for that will be good for many more years to come. Since the objectives of the show were largely attained, it can truthfully be said to have been successful. That Rodeo should be continued there was no question in the minds of those attending the organization meeting last Friday evening. When Judge Bert Johnson, temporary chairman, presented the question no negative vote was cast Directors expressed the belief that holding the show on Sunday was a financial help, as two big at tendances, on Saturday and Sun day, were recorded this year as against a single large attendance, on Saturday, in previous years. From expressions at the meeting, however, it was plain that if the Rodeo were to be continued to be held on a Sunday it could not hope to receive the conscientious support of a large group of citizens. There fore, to retain the show as a com munity enterprise, making it possi ble for everyone to get solidly be hind it, the organization meeting voted against including a Sunday in the show dates next year. The entire county benefits from Rodeo, if in no other way. by provid ing a season of relaxation and en tertainment, an opportunity to greet friends who are seldom otherwise seen, and through the fair features by stimulating incentive to greater future effort. Rodeo is,' in fact, a community non-profit enterprise, and as such entitled to cmmunity support. Because public-spirited men take the lead in putting on the Rodeo, they should not be unduly penal ized. They should have sufficient backing from the start to insure that, should the show run into dif ficulties, they will have community support in defraying expenses. It was with this idea that the organi zation meeting voted the appoint ment of a committee to arrange for underwriting the show. This com mittee will be at work shortly and their work will be made much eas ier if their plan meets with ready Acceptance by everyone. Such in- surance will not only lessen the lia ' bility which it is necessary for di rectors to assume personally, but it will be a pledge of good faith on the part of the community that will I '(have a good effect in making next year's show successful. The Closed Banks LIQUIDATION of Heppner's closed banks is about completed after four years in receiversip. That liquidation of each of the two insti tutions has been so successful is rnnsp for real reioicine by the com munitv. for it evidences continued economic stability of this territory as well as reflecting considerable degree of credit upon management of the institutions in whom our peo t1 had nlaced trust. The business of these banks must Heppner have been conducted in a reason ably sound manner for the trust set tlements to have resulted so well in a period that cannot be counted as exceedingly prosperous, no matter how well the receiver has perform ed; though no attempt to mini mize is efforts is intended. It has been accomplished in a period of comparatively short .crops and only fair prices. The results verify an oft heard statement that these banks never should have closed. The closing, however, was inev itable. When panic struck the peo ple in the last depression and money was leaving the banks faster than it was being deposited, application was made to the Reconstruction Finance corporation for assistance. This fed eral agency in considering the loan would not place one cent of value upon any real estate securities, with the result that no loans were ob tained. The resultant strain could not be borne. The banks had to close. That the position of the Recon struction Finance corporation was not justified has been proved by the settlement of the trust in realizing, in many cases full value, on secur ities that the federal agency deemed worthless. All told, however, the liquida tions reflect credit upon Mr. J. L. Gault, the receiver, who by being permitted by the comptroller to work along with the assets realized much more than would have been possible had all the assets been put up for forced sale immediately. STATE CAPITAL NEWS o Political Warm-Up Consolidation Retirement Annuity By A. L. LINDBECK Salem Politics which has been maintained in a status quo during the summer months can now be ex pected to get back into full swing again since Labor Day has officially signalled the end of the vacation season. Not that the politicians have been entirely idle these past few months. On the contrary most of the candi dates have been constantly on the go, addressing picnic gatherings and chambers of commerce and back slapping and glad-handing the vot ers generally at every opportunity. The public, however, has shown but little, if any interest in the po litical situation since the primary campaign ended. Gorged with po litical palaver in the spring cam paign Mr. and Mrs. Average Voter have been reluctant to listen to the siren song of the vote seeker since they deposited their ballots in the little tin boxes last May. Now, how ever, there is a noticeable awaken ing of interest in politics. It was de cidedly noticeable at the state fair as the farmers and townsfolk, come to view the exhibits, took time out to discuss the prospects of the sev eral candidates. It is still much too early in the campaign to venture any predictions as to the outcome but present indi cations are for a neck-and-neck finish in both the gubernatorial and senatorial races. However, the next four weeks can be expected to start sentiment crystalizing and well be fore the November election date ar rives the trend should set toward one or another of the hopefuls. A growing trend toward consoli dation of school districts is notice able throughout Oregon, according to Rex Putnam, state superinten dent of public instruction. Since 1930, Putnam points out, there have been a reduction of 253 in the num ber of one-room schools in the state. In that period 108 small districts were consolidated into 45 larger dis tricts. The new tubereculosds hospital to be constructed by the state in Mult nomah county will provide accom modations for only 20 patients ac cording to plans approved by the Board of Control this week. The hospital, however, will be in a po sition to treat a large number of pa tients who can be cared for In their homes. Dean Dillehunt told the Board he had hopes of a donation of another $50,000 to add to the $200,- Gazette Times, Heppner, 000 being provided by the state and federal government. If the donation materializes it will be utilized in enlarging the capacity of the hospi tal. Governor Martn will be honored at a reception to be held in connec tion with the formal dedication of the new capitol on October 1, it was announced this week. The date is also the governor's 75th birthday anniversary. The two anti-slot machine bills will remain in the November bal lot. A complaint filed by J. A Moore, Brooks inkeeper, in an effort to have the measure ruled off the ballot was dismissed Saturday by Judge Lew elling. The interim commission on state and county revenues is scheduled to meet in Salem next week to con sider a number of new tax measures designed to provide relief for prop erty owners, as well as to provide ad ditional revenue. Members of the commission include Representatives Roy A. Carter of Gold Beach, Ralph O. Stevenson of Medford, and Carl Engdahl of Pendleton; Charles V. Galloway, member of the state tax commission; .County Judge H. C. Herren of Corvallis; Bert T. McBain and Gust Anderson of Portland. Ballot Measures Analyzed Citizen's Retirement Annuity Bill This measure, initiated by Elbert Eastman, Portland attorney, seeks to create a state retirement fund through the levy of a tax of two per cent upon all transactions made in Oregon, except governmental transactions or involving govern mental securities and interstate transactions. The fund would be used in financing annuities of not to exceed $100 per month to quali fied beneficiaries, including all res idents of the state 65 years of age or over who had been citizens of the United States at least nine years and continuous residents of the state at least seven years, the only other re quirement being that they shall not engage in any gainful pursuit Responsibility for collection of jilllllllllllllllllllllllllllllllllllllllllllM BANG! 1 O THE DEER SEASON OPENS TUESDAY I 1 o ENROLL I Big Buck Contest i I Model 99T .300 Savage Rifle Given by This j Store also Sponsoring Peters1 Big Buck I Sweepstakes Contest Offering $375.00 in f Prizes with Choice of Rifles or Cash. FEATURING REMINGTON AND PETERS AMMUNITION New and second-hand Guns -:- Camping and Hunting Supplies of all kinds SMALL BUCK CONTEST OPTIONAL MIlllllllllllllllllllllllllllllllllllllllllllllllllllllllW Oregon the tax and administration of the retirement fund would be vested in the state treasurer. "Transaction" is defined by the act to mean the sale, transfer or as signment, for consideration of either real or personal property; also the use of any raw material, article or product as a component part in the manufacture, of any other article or product; also all charges, of inter est, rent, commissions, fees and any other pecuniary benefit of any kind; also charges for personal or pro fessional services; also the payment of wagers or the winnings of any lottery or game of chance and the payment of membership dues or fees in any association, organization, lodge or club excepting only a church or place of worship. Tax returns under this act would be mandatory upon all persons sub ject to a tax payment of one dollar or more in any month. Any attempt at evasion of the tax would be pun ishable by heavy fines and prison sentences. Revenues accumulated through this tax would be disbursed month ly. After deducting administrative costs it would be incumbent upon the state treasurer to pro rate the fund among the qualified benefi ciaries, except that at no time should the monthly annuity exceed $100. Any surplus accruing in any cal endar month would be paid into the irreducible school fund. Adminis trative expenses would be limited to five per cent of the fund. No qualification of "need" is in cluded in the measure. Beneficiaries, in addition to qualifying as citizens of the state and of the United States and agreeing to refrain from en gaging in any gainful pursuit must at the time of receiving the annuity be a resident of and domiciled with in the sttae. Annuitants must expend each month's annuity within five days after the close of the calendar month for which it is received. The an nuity may be expended for any pur pose except gambling. It may be used in the payment of premiums on an endowment insurance policy taken NOW IN GREEN'S I n n. . reeo iniaroware i Thursday, Sept. 15, 1938 out more than a year in advance of the effective date of the act but life insurance policies taken out after the act becomes effective would be lim ited to $1000. Gifts to persons or in stitutions or organizations would be limited to 10 per cent of the month ly annuity. It would be made a mis dpmpanor for anv annuitant to un reasonably or unnecessarily maintain any able bodied person in idleness or anv Derson in drunkenness or to pay person salary or wages in dis proportion to the services rendered. Beneficiaries under the act would he nermitted to waive their right to the annuity at any time, in event they desired to engage in gainful occupation or for any other reason, but such waiver would not anect their right to apply for reinstate ment at some future date. YOUR EYES Dr. Clarke of Portland will be in Morrow county the following dates: See him about your eyes. In lone Thursday, Sept. 22nd, all day and evening at the Harris hotel. In Heppner Friday, Sept. 23rd, all day and evening at the Heppner Hotel. G. T. Want Ads bring results. DSepaiir Tubes Tested Free Latest Equipment SEE THE New ZENITH FARM RADIOS ESTIMATES GIVEN ALL WORK GUARANTEED BRUCE GIBB Phone 1382 i n I