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About The Hermiston herald. (Hermiston, Or.) 19??-1984 | View Entire Issue (May 29, 1920)
THE HERMISTON THE HERALD, HERMISTON, HERMISTON OREGON.]........................... ....... ........................................................ - = HERALD Published every Satuaday at Hermiston, Umatilla County, Oregon, in the bert of Eastern Cover Your Car Oregon’s great irrigated alfalfa fields, by the Herald Publishing Company. Place Your Order For M. C. Athey, Editor_____________________ ___________________ Enterea as secona-elans matter, December • 1906, at the postomce at Herminton, Oregon STORAGE COAL Exposure and neglect reduces the value of an automobile 25 per cent or more the first year. Subscription Rates: One Year, $1.50; Six Months, 75c YOUR LIBERTY BOND With Us Now We have cars of UTAH LUMP and EGG COAL That will be here soon Have You Got Your Screen Doors Yet? We have them in stock—all sizes The United States Government borrowed money from you to finance the war. You hold the Government's promise to pay you back. This promise is called a L.berty Bond or Victory Note. On this Bond is stated the conditions under which the Government borrowed the money from you. For instance: If you hold a Bond of the Third Liberty Loan, it states that on April 16th and October 15th of each year until maturity, you will receive interest on the amount you paid for the Bond. Other issues bear other rates of interest and other maturity dates, all of which are clearly stated on the Bond. Now, if you keep your Bond until the date when the Government pays you in full for it, you do not need to worry if, in the meantime, the price is low one day or high the next. You and Uncle Sam are living up to your agreement with each other, and neither will lose by it. On the other hand, if you sell your Liberty Bond now, you will find that the man you sell it to will not give you a dollar for every dollar you paid for it. The price has been brought down because so many people are offering to sell their. Bonds. If the market is flooded with tomatoes, you can buy them cheap, but if everyone is clamoring for tomatoes and there are few to be had, the price goes up. The same is true of Liberty Bonds. Short-sighted people are dumping them on the market, and wise ones are buying them. The best advice that can be given to the owner of a Liberty Bond is this: Hold the Bond you bought during the war; it Is as safe and sound as the United States Government itself. • Buy as many more at the present low rate as you can afford. If you hold them to maturity, you are bound to make the difference between what they sell at now and their face value. You also receive good interest on your investment. Hold on to your Liberty Bonds and buy more. I Protection and care will materially lessen this depreciation and double the life of your car. PROTECTION SAVES EXPENSES Use the money you are paying for storage space together with the money lost from neg lect and build a well designed and convenient GARAGE OF YOUR OWN THE OIL SITUATION Tum-A-Lum Lumber Co Phone 111 R. A. BROWNSON, MANAGER Hermiston Produce & Supply Co We still have a few pairs Mens’ Oxfords, size 6 to 9, blacks and tans, most O’Donnell shoes at $3.00, worth $8 to $10 on present market. We also have a few pairs ladies Queen Quality and Bos ton Favorite Oxfords and Pumps, black and tan, sizes 2 1-2 to 5, at $3. Only very few left. No exchanges or refunds on these. We will close these styles out completely. Will fit the shoes for you before leaving the store if you desire. —■ ! 11 sui ' By a favorable purchase we have a few dozen Frank Russell horse hide gloves at $2.50. These are very cheap as gloves go now. New Gordon Caps, nobby styles, $2.00 to $3.50. don Hats $5 to $10. The new shapes and colors. Gor We carry the Warner Rust Proof Corsets, the very best of their class at popular prices, $2 to $6.50. We have in stock Ladies’ Skirts in Khaki and Coats to match. Just the thing for the auto trips, and in fact suit able for knock about suits. Coats $6, Skirts $5. Nicely tailored and made ap in good style. Holeproof Hosiery in Silk and Lisle. The quality of these goods are well known in this community. None better and prices reasonable. We have a few very pretty Camisoles of crepe de chene in popular shades, at $2.75 ta $3.00. Ladies’ Waists, pretty models, at reasonable prices. 3* Ladies’ Silk Skirts at $6 50, in good shades. Silk Gloves in both short and elbow lengths at $1 to $2. Black and white. Hermiston Produce & Supply Co. The warnings that have been issued through the press during the past thirty days regarding the fuel shortage should not go unheeded. This is not propaganda, as some people think, sent out to justify the in- crease« in oil prices, but a statement of actual fact, backed by statistics that are readily available, which show that the demand has increased so much faster than the supply that the condition has actually become alarm ing. Men familiar with the situation have long pointed out the coming of present conditions and the necessity for a government policy encourag ing the future oil development. Their warnings were in vain and a crisis usch as the present was necessary to wake the nation to the seriousness of the situation. A new problem is now developing and in discussing the same, A. C. Bedford, chairman of board of directors of the Standard Oil Co., says: "While we in America have been clamoring for government investigations of this, and government investigations of that, Great Britain has stepped into the oil field and obtain a mortgage upon much of the potential production, not only outside of the U. S. but inside as well.” Mr. Bedford’s statement is a warning to American business men and Jaw makers that they must be up and doing if they are to keep pace with Uncle Sam's foreign competitors. NON-PARTISAN LEAGUE DREAM The rising interest ratea are giving the Non-Partisan league organi zers new campaign material. The arguments are advanced that in North Dakota the farmers only pay 6 percent and that state owned banks oper ated with taxpayers money would lower rates to all. They say that if the government borrows money at less than five percent, the individual should get it at the same rate. Here is where their argument falls down. Due to changed world con ditions the government cannot get money at five percent, let alone for less. Its treasury certificates to meet current expenses are selling at 5% to 5% per cent and Liberty bonds are at a discount to net around 6 per cent or better. The strongest industrial corporations are paying from 7 to 8 per cent. All the Non-Partisan league state owned banks cannot change the world interest rates through their arguments to the.uninformed may col- elct $16.00 dues. Non-Partisan league farmers and industries in North Dakota will find they have to pay going interest rates and that even Pres. Townley would not loan his personal funds in North Dakota for 5 per cent when he can get 7 to S on perfectly sound private and government loans. WE PAY Inland Empire Lumber Company Phone 331 * “ The Yard of Best Quality ” H. M. STRAW. MGR. HIGH SCHOOL MOVIE Saturday, May 29 SESSUE HAYAKAWA tn “The Honor of His House’’ A Jesse L. Lasky Masterpiece Also a Rattling Good Comedy Wednesday, June 2 MARY PICKFORD In ........... ' UNDERINSURANCE AND CREDITS THE HOODLUM” As the Swiss read the testimony of the admirals at the Sims investiga- tion, they doubtless thank God their country is surrounded by land. PB. Hisrel Palmer calls the Lodge reservations "political bunk,” which puts them in the same class with his fulminations against profiteering. ON TIME DEPOSITS Our winter clothes are “scabbing” on our summer garments. ------- CHURCH NOTICES Baptist Church PIONEER Phone Your Orders for all kinds of B arber S hop K. MILES. PROP. Transfer Work We are ready at any time co go any where or haul anything. The City Transfer BATHS IN CONNECTION HERMISTON AUDITORIUM Insurance is the greatest basis for credit and insurance funds are the greatest resource in time of loss for rebuilding homes or starting up a new business that has been burned out. ' When values of building and merchandise and when values of land und all kinds of property have gone up from 50 to 200 per cent few people have increased insurance. As a result when fire takes place there is capital destroyed and the basis of credit wiped out that will take two dollars to replace oue de stroyed and under-insurance is the rule. All insurance, even upon human life is being readjusted on a higher scale of values, just as wages and salaries have gone up, and just as the cost of living and the value of human life has advanced. The merchant or the property owner who has his property insured on the prewar basis, and who is using all his credit in enlarging his stock or erecting new buildings, would be cut right in two by a fire on the old basis of values, and take his insurance money in dollars of fifty cent pur chasing power. s "Old clothes clubs" may he a new idea to some people, but a good many of us have long been familiar with the working of the plan. Does Interest Interest You? : M. X. CHURCH M. R. Gallaher, Pastor MACK’S HALL Sunday School, 10 a. m. Preaching, 11 a. m. Epworth League, 7 p. m. Preaching, 8 p. m. COLUMBIA SCHOOL Sunday School, 2 p. m. Preaching. 3 p. m. UMATILLA Sunday School, 10 a. m. Preaching Thursday, 8 p. m. EVERT SUNDAY 10 a. m. Bible School classes for all grades and ages. A. E. Bensel, Superintendent. 11 a. m. Sermon. Pastor. 7:15 P m. Young Peoples’ meeting 8 p. m. Preaching and song service Mid-week. Prayer, conference and Bible study on Thursday even ing. Cordial welcome extended to all. IRA DAVID HALL, Pastor. W. A. Cornell is erecting a three- Phone 207 room house on Gladys avenue for Christian Science Services, 11 a. m. Catholic Church Hermiston 10:00 a. m. HITT Mrs. Miller, aister of Mrs. H. E. Potter and teacher in the local school. Mrs. Potter has accepted a position foe the next school term and Is having the house built with a view to permanently locating here. -FOR- ‘ GUNS CONFECTIONERY STATIONERY Sua < Jmtain An Popular Sift Vrink» ICE CREAM AMMUNITION A FULL LINE Cigm and Tobacco