The Hermiston herald. (Hermiston, Or.) 19??-1984, May 29, 1920, Image 2

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    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