Gresham outlook., August 06, 1918, Page 3, Image 3

SCENIC
BANKERS OPPOSE THE
GUARANTY OF DEPOSITS
Mrs. I. N. J.. S h rin c r v isited h er
d a u g h te r, Mrs. Wm D eitrich , one day
T h e N’ew Y ork C le a rin g H o u se us
last week and m et a n o th e r d a u g h te r, so c ia tio u h as p assed re s o lu tio n s eon
M rs F re d F red eea, who was leaving
d e m n iu g th e m e a s u re p e n d in g tieforc
for h e r fu tu re hom e in D u n sm u ir, C al­
c o n g re ss to e s ta b lis h a g u a ra n ty fu n d
ifo rn ia.
fo r a ll d e p o sits of less th a n 850UU in
E arl Jack v isited h is m o th er and
n a tio n a l b an k s.
An o v e rw h e lm in g
ch ild re n lust week ju s t before leaving
m a jo rity of b a n k e rs a re o p p o sed to
for S eattle, w here he h as th e clock .1 '
. ,
..
'
,
th e g u a ra n ty o f d ep o sits, a n d th e ag
c irc u it out of S e a ttle for the \V. U. T ¡ ,„ ,1 ,. ,
. < .
.
,, .
(<u
n a tio n fo r it is a lm o st w holly fro m
i p eo p le
w hose
k n o w led g e o f th e |
Ed B runs and fam ily an d m o th er b a n k in g b u sin ess is fro m th e out-
w ere Sunday g u ests of Mr. an d Mrs. side.
It is a th e o r e tic a l p r.q ais.il
J. K. D uncan.
a n d th e th eo ry o f it is u n so u n d .
T il
b
Mr. and Mrs. C laren ce A ltm an of
T h e a rg u m e n t is fro m th e in su r-
N ew berg, w ere g u ests last week of Mr. a n ce p rin c ip a l, b u t th e r e is a v ita l ]
an ! Mrs. B. C. A ltm an.
, d ifferen ce b etw een th e g u a ra n ty of
S u n d ay g u ests at M rs D. D. Ja c k 's d e p o sits a n d e ith e r life o r tire in su r-
w ere Mrs. E lla S ch n eid er an d daugh- an ce. T h e a v e ra g e m an w ill ta k e th e
te r C lara of P o rtlan d and Miss Mona 1 sam e p re c a u tio n s to p re s e rv e h is life, J
T im b erlak e of N ewberg.
w h e th e r it is in s u re d o r n o t, a n d tie
lire in s u ra n c e b u sin ess w ould cer-
PLEASANT VALLEY
ta in ly be on an u n sa fe b asis If it did
not in s ist, as a fu n d a m e n ta l c o n d i- |
Mrs. W liite and Miss H enderson of
tio n , th a t th e in s u re d s h a ll alw ay s
D eliróse visited Mrs. J. \V. E rnst o n e '
h av e an u n co v ered e q u ity su fficien t
day last week.
to m a k e h im c o n cern ed in b e h a lf o f j
Mrs. M. J. Jew ell lias gone to B attle 1 th e u su a l p re c a u tio n s a g a in s t tire.
G round, W ash, on a v isit to r a c o u p le 'T h e g u a ra n ty of d e p o sits is d esig n ed
of weeks S he fo rm erly lived th ere.
| O re lie v e th e d e p o sito r of ull resp o n ­
Mrs Amy Dobson of P o rtlan d spent sib ility a n d any p o ssib le loss in se
th e week end a t (lie hom e of h e r le c tin g a b a n k e r. T h e g u a r a n ty of
b ro th e r T. K. B erry.
d e p o sits e lim in a te s t i l e v alu e of c h a r
b u sin e ss an d
Miss I,au ra Moore sp en t sev eral a c te r in th e b a n k in g
d ay s last week v isitin g frie n d s at Col­ ta k e s aw ay th e le g itim a te re w a rd of
sa fe an d c o n se rv a tiv e b a n k in g poli
ton, Ore.
Mr. H ill K esterson was hom e over cies. It s tre n g th e n s th e co m p e titio n
S unday from G ales Creek w here lie is o f th e b a n k e r w ho re s o rts to d o u b t
f i l l e x e d ie n ts to a ttr a c t b u sin ess. A'
w o rk in g in a camp.
Mrs. E llingliam and Mrs. G odfrey of of th is is opposed to th e re a l in te re s t
Mt. T ab o r visited w ith Mrs. G. N. Sa of d e p o sito rs as a class a n d of tin
p u b lic g e n e ra lly , fo r it e n c o u ra g e s
ger T h u rsd ay .
Mr. and Mrs. W’. IJ. Moore e n te r w a ste fu l an d u n so u n d p ra c tic e s.
It is very d esirab le th a t p ublic su
tallied re la tiv e s from C orvallis, Or
perv isio n over b an k s sh all be m ade
over Sunday.
co n sta n tly m ore effective to th e end
th a t u n safe and d ishonest p ractices
Hall' Slave, H alf 1’ie e .
sh all be exposed, condem ned and ro o t­
in
d isc u ssin g
th e a la rm in g de ed out. T h at is real reform , but it is
c re a s e in g o ld p ro d u c tio n a n d inetli a step in tlie w rong d irectio n to re ­
o d s by w hich it co u ld be sto p p e d , tl'. lieve d ie public of all o b lig atio n o r
M ining an d S cientific P re ss says occasion to d is c rim in a te in th e aelec
" B e c a u se v a lu e is still ex p ressed in tion of a b an k er. N atio n al t'ity Bank
te rm s of gold, you c a n n o t tlx its ow n
W o r m s in G o o s e b e rrie s
v a lu e a t a h ig h e r lev el, fo r if you do
th e c re d its piled to su ch a dizzy
O regon c a n n eries have experienced
h e ig h t in re p re s e n ta tio n of serv ices m uch ditiliculty in g e ttin g g o o seb erries
re n d e re d in tile p ast, g a u g e d us iliey th is ywar free from w orm s. Tlie ber
a re by th is golden m e a s u re , will at 1 ries do not alw ays show tlie w orm s
sin g le s tro k e hav e been b lo tte d from when bro u g h t in b u t soon become
tlie account to th e e x te n t th a t th e a r w o rth less and of co u rse a dead loss.
b ira ry w e ig h t of gold in th e d o lla r
T he gooseberry and c u rr a n t m aggot
m ay be c h a n g e d . T h e b asis of in spends m ore th a n 111 m o n th s of th e
d u s tria l confiden ce w ould lie so y ear in th e soil about th e ro o ts of th e
sh a k e n by It th a t tile w orld w ould hushes and may be d estro y ed to a
e x p erien ce th e c a la m ity of a piling
larg e ex ten t by th o ro u g h and frequent
in to c o m m ercial an d in d u s tria l c h ao s cu ltiv a tio n of th e top tw o or three
T h e re is but o n e way to p ro te c t inches of e a rth especially (lo se aro u n d
b o th gold an d g e n e ra l in d u s try ; and t l i e p lan t. F ro m now on th is y e a r and
th a t is to build up t h e gold reserv i n ext sp rin g a re d ie best tim es to do
fa s te r a n d fa s te r us a fo u n d a tio n a d ­ h is cu ltiv a tio n . C h ick en s pick up
e q u a te to s u s ta in th e g ro w in g nu m any of th e in sects w here allow ed
tio n a l in d e b te d n e ss. T liu t In d eb ted free ran g e follow ing cu ltiv a tio n .
ness m ean s serv ices lo an ed , but the
M ake o n e spoon of s u g a r do d ie
re p a y m e n t m ust be m ad e in c u rren cy
th e o n ly g u a r a n to r of w hich is the w ork of two, each day u n til tlje w ar
is th ro u g h .
ro y al m e ta l.
•
T he way to re-en th ro n e gold as the
a r b i te r of c o m m ercial v alu e is e ith e r
by cliry sta liz in g th e p rices for ull
co m m o d itie s, o r by le ttin g all m a r
k e ts re g u la te th e m se lv e s on th e a n ­
cien t p rin c ip le of su p p ly an d de
m au d . H alf-slav e an d h a lf-fre e it is
c e rta in
th a t
in d u s try , co m m erce,
b an k in g , an d in s u ra n c e , will p re s e n t­
ly fall in to a slo u g h of d ifficu lties
from w hich we m ay not e x tric a te
th em b efo re a p p a llin g ag e will h av e
been in flic te d not a lo n e upon th e
eco nom ic life of o u r ow n d ay , b u t
upon tliu t of g e n e ra tio n s to com e.
T rib u te
l*aiil
Insurance
Base the Future
Upon the Past
I— * »
H
HIS Company is one of Portland’s most important public utilities. Its big-
generating plant at Gasco, now producing 7,500,000 cubic feet of gas
daily, is one of the largest in the country. From this plant is supplied the
gas for Portland. Vancouver, Oregon City, Gresham, Forest Grove, Hillsboro,
and the territory between. Over 00,000 meters are served through 1,040 miles
of gas mains.
T
Portland Gas & Coke Company has paid 7 percent dividends regularly upon
its Preferred Stock. Now, with a need for capital to expand our service in
keeping with the demands, we are offering for the first time Preferred Stock
directly to our customers.
Preferred Stock Available
to Patrons on Cash or Partial
Payments.
For cash you may purchase as many shares as you desire, or as we may have to
offer, the price being $100 per share, plus the accrued dividend to date of pay­
ment.
On Partial Payments you may secure any number of shares up to 25, paying
$10 per share down, and $10 per share each month until the purchase price
of $100 per share is paid final payment to include accrued dividend from
the last preceding dividend date.
A Safe Partial Payment Plan
Should purchasers of Stock on time-payments fail to maintain their payments,
or for any reason wish to withdraw, all money paid in will be returned with 6
per cent interest, upon 10 days notice to the Company at any time prior to date
of final payment.
Quarterly Dividend Dates
1 he dividend dates for this Preferred Stock are—February 1st, May 1st,
August 1st, and November 1st. An investment in this stock provides a source
of income which has proved itself reliable.
Test
—of gasoline is in its boil­
ing points. In “Red Crown”
they form a continuous,
uniform chain,— giving
easy starting, quick accel­
eration, power and mile­
age. Look for the Red
Crown sign before you fill.
Industry
In su ra n c e com panies a re to be con­
STANDARD OIL COMPANY
(Calif orala)
g ra tu la te d for th e co n serv ativ e c a u ­
tion w hich has enabled th em to keep
c le a r of the e n ta n g le m e n ts of p o lities
and th e co n sta n t ex actio n s of p arty
su p p o rt. H ere is at least one d e p a rt­
m ent of tra d e w hich h as asked but
few favors, and has not been g reatly
bothered by labor problem s. Yet to
quote figures of th e volum e of finance
tra n sa c te d in in su ran ce would be to
com pile d a ta co m p arab le only to th e
budgets of th e go v ern m en t when at
w ar. If th u s far p a te rn a lism has not
reached out to brin g o w n ersh ip and
o p eratio n of in su race u n d er F ed eral
a u g u r b s it is th e in su ran ce man h im ­
self w ho is to be co n g ratu lated .
Can it be th e in su ra n c e com panies
show lie tte r ju d g em en t and g re a te r ■
cap acity In th e o rg a n izatio n of large
staffs of o p erativ es th an is m anifested
in
o d ie r
li r e - « ol •■nt. r p r i - - ’
Vh
is it tliut th e re a re no in su ran ce bank- „
*
, .
ru p tie e s of receiv ersh ip s to speak of, C. A. McCARTY, Special Agent
Gresham, Oregon.
no m u tu al re c rim in a tio n betw een Gov-1
e rn m en t and p riv a te m an ag em en t, no
H w S n a 8 h a |i, p re s id e n t of th e
o w n ersh ip ? Is It because th e m anage- p a r m pni M u tu al E ire B elief A ssocia-
m ent of th ese com p an ies ap p ro ach es :lolli re p o r(s t h e a ss o c ia tio n h as
d e ta ils and difficulties w ith tin sole b ro k e n ail fo rm e r re c o rd s in 1917.
d esire
of
u naid ed , u n su b sid ized T h e a n n u a l s ta te m e n t sh o w s 383 new
a c h ie v e m e n t? —W all S tre e t Jo u rn a l
m e m b e rs g a in e d . 17 Are lo sses p aid .
Where the Stock May Be Purchased
All our employees are thoroughly familiar with the details of this plan to in­
terest patrons financially in a business which they know and patronize. Ask
any employee about it, inquire at the General Offices, or any Branch Office.
It more convenient, a request by telephone or mail will bring you full particu­
lars, without obligation.
P o rtla n d G as & C o k e Co.
General Offices and Salesrooms, Gasco Bldg.,
Fifth and Alder Sts., Portland
P assed by the C apital Issues C om m itee
as not incom patible with the N ational
Interest, but w ithout approval o f le g a l­
ity, valid ity, w orth or security. O pinion
N o. A. 6 3 0 .”
Ifie Gasoline
Quality
D on’t fo rg e t th a t co rn ty ru p s may a g g re g a tin g 1 4 9 1 1 , 8 1 ,0 3 6 ,6 . . of in ­
s u ra n c e w rttte n . o n e a ss e ssm e n t lev-
be used in c a n n in g , re p la c in g o n e - , led a n d $ ;o o | B vaated lr, | ibf.rl)
th ird th e a m o u n t o f s u g a r.
l ’.:e ■ b o n d s d u rin g th e y e a r. T h e asso c ia-
y o u r in g e n u ity to h elp win th e w a r. J tio n is e n te r in g its 14th y e a r, a n d lias
o v e r 4000 m em b ers c a rr y in g 8 4 ,2 5 « ,-
a n d pa«« a lo n g a good recipe
t 000 in s u ra n c e . It h a s m ad e an a n ­
n u a l sa v in g o f o v e r 50 p e r c e n t to its
( Ini.nii ( oust i|vation.
m em b ers. A t th e a n n u a l m e e tin g in
J a n u a r y A n d rew B ru g g e r o f G reah -
l t is by no m ean s an easy m a tte r to am wa8 re ^ | e c te d d ir e c to r fo r th e
c u re lilts d isease, b u t It can be d o ru n in th y e a r.
F a rm e rs d e sirin g
to
in m a st in s ta n c e s by ta k in g ( ’ham - . jo in m ay o b ta in in fo rm a tio n fro m
b e ria ln 's T a b le ts an d co m p ly in g w ith ^ e r m a / “ ^
^
' ^
^
.
tn e plain p rin te d d ire c tio n s th a t ac- g (o rk
co m p an y each p a c k a g e .— Ad
Adv.
E x ch an g e
B ldg.,
P o rtla n d
GRESHAM
Serial No. 10
Late Pol a lo e s N eed sp ra y in g
STATIO N
Arthur Dowsett, Gresham Drug Co.
W e m u st feed 12 « ,0 0 « ,0 0 0 allie.i
T lie W aH ltiugton B ar association
h in d o u r big a rm y at th e fro n t. F ood adopted a re p o rt th at th e sta te la
T h e re in d a n g e r th a t th e late pota­
b u rd e n e d
w ith
u n n e c e ss a ry
law s
to « ) an - a lre a d y d estro y ed and o th e rs m uat go a c ro s s th e w a te r an d you
w hich a r e re s u ltin g in a c o n s ta n tly
m
ust
m
a
k
e
It
powaible
fo
r
th
a
t
food
a re sev erely In ju red w ith m ore dam
, io go. W e can sav e In m any in g en - In c re a sin g lax ra te , p ro v in g not only
a g e to follow.
I ioua way«, bealdea d e n y in g o u rs e lv e s Irk so m e to c itizen * , h u t te n d in g 'o
To p rev en t p o tato es from flea b eetles
m a n u f a c tu r in g
In a tltu tlo n *
th e foods m oat n eed ed o v e rse a s. Let d riv e
sp ray w ith B ordeaux 4 4 5« ta k in g par
si c k in g io lo c a te In Hie w est to o th e r
ua
sav
e
till
it
h
u
rts
,
a
n
d
be
g
la
d
of
tle u la r palna Io tre a t th e u n d e r aide
s ta te s
Hl tier s ta te s ean profit by th e
o f th e leave«. In th e hom e g arden th e c h a n c e to su ffe r a little In co n ­ e x a m p le se t.
v
en
ien
ce
fo
r
th
e
sa
k
e
of
th
o
se
w
ho
“3 In 1" d u at m ay be used. T h e dual
m ay be bought at th e seed »tore o r a a re g iv in g up th e ir live«.
I'ri d a iry p ro d u c ts, th e Food Ad-
good duat m ay be m ade by m ixing
U tility co m m ission« in a ll ata te a m ln b tr a tlo n
u rg e s.
A lw ays give
one p a rt d ry lead ara e a te w ith 10 parta
a re rec o g n iz in g n e c e ssity fo r In- th e c h ild re n p le n ty o f m ilk , m ilk
sifted aahea o r lime.
|c re a s e d rate« to aave p u b lic se rv ice p ro d u cts an d eg g s. Use th e m yo u r-
G et your wood now Call Ekatrom in d u s trie s fro m b a n k ru p tc y w hich aelf freely a n d th u s c o n se rv e o th e r
w ould be a c a la m ity to n a tio n .
T ru ck Service. G resham 851.
foods fo r e x p o rt.
S lim m e r
J
< o n i|ililillt.
|
th e
h o t w e a th e r of th<
i D u rin g
' a u in m e r m o n th s so m e m e m b e r ol a l ­
m ost ev ery fa m ily Is lik ely to be
tro u b le d w ith an u n n a tu r a l loosen n s
o f th e bow els, a n d It is of Hie g re a t
eat im p o rta n c e th a t th is be tr e a te d
p ro m p tly , w hich can o n ly be d o n e
w hen th e m e d icin e is k ept a t h an d .
M rs. F F. S c o tt, H ioH sville, N Y.,
s ta te s , I flrat
uaed C h a m b e rla in '..
C olic an d D ia rrh o e a R em edy a s m uch
aa five y e a rs ago. At th a t tim e I had
a se v e re a tta c k of s u m m e r c o m p la in t
a n d w as s u ffe rin g in te n s e p ain . O ne
dose re lie v e d m e. O th e r m e m b e rs of
my fam ily h a v e sin ce uaed it w ith
lik e re s u lt« ." — Ad.
Try a want ad.
Phone 701.