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About The Hermiston herald. (Hermiston, Or.) 19??-1984 | View Entire Issue (May 1, 1930)
PAGE 4 TH U R S D A Y , M A Y 1. 193o IH B KEBMISTOS I1EIIAW , m tUM lSTO N, OKBGOV.x FINDS STATE BANKS i WELL SUPERVISED Bankers Body Sees Less Politics In Banking Departments With Better Facilities in the Hands ’ of the Responsible Officials. - A healthy algn la the number at reports which disclose that the eon- mlseloners bake full power to sppolnt bank examiners or that these appoint ments are made from civil service Beta. This power Is now granted to the commissioner by tweotysevea states. Three require that selection be frum civil service lists. Complaints are »till made In a few states of po litical prossure in the appointment of examiners, but the contrary seems to be true In a growing number ot states. The roost capable commissioner can not successfully perform bis duties unless he Is able to command the services of efficient, honest examiners. The safety of depositors Is dependent on their work, and their appointment, fitness and compensation are highly Important The number ot examiners has Increased 25 per cent In the last five years.“ to Pendleton Saturday where they competed in the county meet. A few DILLEY’S DICTIONARY Cricket—A iw It let or stream. came back w ith ribbons designating first w hile a larger number came Curtail—Tlie Hiqiendage of the hind hack w ith aocond places. They were most part of a dog. accompanied by Mr. Sk'en, Mr. Buh man and Mr. and Mrs. Tom Slattery. Deduce— Mussolini. Mrs. J. W . Connell and daughter Gladys were Portland visitors Sat Dogma— A female canine with pupe. urday. Doze—The quantity of medicine to Mr. and Mrs. E arl Benael spent be taken at one time. Friday in Pendleton. Mrs. Basil Hickman and children Envy—A diplomatic agent below an are visiting In Spokane. ambassador. Mr. and Mrs. D. C. Chapman were Pendleton visitors Saturday. Example—Hen fruit aplenty. A! Kennedy who has been working In The Dalles la again working in Foist—Before all otbera. Um atilla. Foundry—The receiving end of a M r. and Mrs. H . O. Thompson and fam ily motored to Pendleton Satur lost and found department day. BANKERS TO HOLD Fuxzy—Inclined to grumble; fidgety Dan Foord and Dw ight Mahoney GREAT CONVENTION accompanied the track meet contest fretful. ants to Pendleton Saturday. Gush (slang)—An expression of sor Cleveland, Ohio, has been desig W allace Mahoney, B ill Harvey and prise. nated tor the 1930 annual convention Albert Velg went to Portland Sunday of the American Bankers Association. night. Halter—An armed sentry.—Tb< 1 This organization, which numbers Jester. about 20.000 bauka with *06.000,000,000 In assets. Is annually the nation's moat Important financial event The attend- rni.e ranges between five and ten thousand. Cleveland Is especially significant In the history ot the Association's edu cational traditions since it waa In tbla city, when the organisation last met there In the year 1899, that the origi nal resolution was presented lojklng to the formation of an educational section. This subsequently resulted In the American Institute of Banking In which are now enrolled 35,000 bank man and women engaged In the study LIST YOUR PRODUCE, FURNITURE^ IMPLEMENTS, DAIRY of the technical and scientific phases of the business. STOCK, WEANLING PIGS AT THE HERALD OFFICE. A survey of «tale banking depart ment! by the State Bank Division, American Bankers Association, dis closes a distinct tendency the past five years to take bank supervision -ut of politics, to Increase the dlacretlonsry powers o( bank commissioners, to lengthen their terms of office, to sup ply then, with adequate forces of qualified examiners and to relieve banking departments of duties foreign to banking, says a recent statement Issued by the association. “We have consistently urged that the office of bank commissioner be a free from partisan politics as the Ju diciary itself and that It be dlvoVced from all other functions of state gov ernment." the statement says. "Fur ther, that his term of office be made more secure and lasting, with suffi cient salary and power granted to at tract and retain the services of men of outstanding executlvs ability, cour age, resourcefulness and successful banking experience. “Five years ago the first survey ot State banking departments by the divi sion demonstrated the need for im provements. On the basis of data now In band It Is evident that, through the revision of statutes In mitny stales, rapid steps are being taken In ths right direction. One by one the states are coming to rocogalze the primary L e tte r's F o rm C ’ enged Importance of strong, competent bank T h e letter U wits urtgriially a cu r ing departments. The demand for In give or reunited forir. nt the letter V, creasing the effectiveness of banking and not distinguished from It. By the T en th cen tu ry V entne tn I»“ used by departments Is beginning to be nisi." How Bank Commissioners Are Chosen preference ns the enplliil inlllitl form. The lwo letters. In-wever. were not The office of honk commissioner Is given sepnrntelv n n l’.l iihnnt 1800. now operated as an independent de partment of state government In thir ty-four states, the bankers Ord. In two states the bank commissioner Is elected at general elections; In one he i Is appointed from eligible lists of the , airs. Hoy ta u tu came up Horn civil service and In anothe, he Is se- | Portland Wednesday morning and lected by the banks. In one slate the visited w ith friends u ntil Saturday bankers' association elects a list ot five names from which the governor ovening when she returned to Port appoints one as superintendent of land. Mr. and Mrs. Ted Rogers have re banks; In another he Is appointed by the State Corporation Commission and turned to U m atilla after a short stay In another by the State Banking in California. Board. Mrs. H . C. Bramer was a Port “Terms of office of bank commis land visitor Friday. sioners have been lengthened In sev M r. and Mrs Jerry Swartz left eral states during the last live years," ths report anys. "In 28 states the Thursday night for Portland. Mrs. Wra. Sw itzlcr and nephew term Is four years. In one. five years, and In three It la six years and in Francis Stephens motored to Port soma the term la Indefinite. A snort land Ph-lday returning Sunday. term Is condemned on the grounds Dorothy Lash spent the week-end that the commissioner has Insufficient In Starbuck. time to become thoroughly conversant B ill Young spent the wek-end in with his field work. A longer term Portland. permits his rendering useful asrvtoe The students who won In the through capitalising his experience. Five years ago ths average length ot district track meet at Hermiston went service was lass than three years, while now It has risen to five years. Higher Standards Required “Signs of an awakening to tbs ne cessity of making successful banking experience a qualification for bank commissioner are evident. While elev en states report no banking experi ence necessary, the majority require experience of this sort, ranging from two to live years. Twolve states now have banking boards, with powers ranging from acting In an advisory at the Dori°n Hotel capacity to full power over all elate from 10 A. M. to 4 F. M. banks to Issue utnl ruloct charters. UMATILLA ITEMS Rupture Shield HERMISTON COMMUNITY AUCTION “ Where you sell for more and buy for less.” SALE EVERY SATURDAY AT 1 :30. A . C A R T E R , A u c tio n e e r Material redaction of the hop a e r* age all up and down the Pacific coast Is the only solution of the present un favorable market conditions, accord » ing to Mayor T. A. Llvesley ot Salem, ■ who baa returned from a three-weeks* tour of the east. “There la no chance ■ ■ of cleaning up the 1929 crop In Oregon ■ until late thle year," said Llvesley, "and- 1 am convinced that the 1930 sm carryover will exceed 30,000 bales.“ : SPECIAL ANNOUNCEMEM The undersigned have opened a regular service in Hermiston. We call for and deliver Monday and Thursday of each week. • a u ..iJ A V ¿ l SATISFACTION GUARANTEED H A R R Y L. CORBETT Republican Candidate It w ill urprise you how much we can save you during the year on your shoe b ill. A ll we ask Is that you bring yonr shoos to us for repairing la ample time so we can do a good Job. A Full Line Of SHOE OILS BOWMAN SHOE SHOP lames H. E. Scott Your present fo r Governor “I aspire to the office of governor because 1 should like to be of serv ice to the state in which 1 was born, which my ancestors helped to de velop and in which my children w ill live after “1 w ill enforce the laws with sincerity and justice and w ill appoint no man to enforce a law who does not observe the law.” “1 w ill use ceaseless vigilance to prevent waste in state expenditures. I w ill be ready to spend a tax dollar for progress if convinced that the state w ill receive full value for it.“ “I believe in the steady completion of our highway sys tem. I shall continue to oppose interfering with the duties of the State Highway Commission for the purpose of log rolling. The state w ill pass the peak of its road bond retire ment in 1932, and I hope that greater aid may then be given our program of market roads.” (Umatilla County) —Complete Line of Sporting Goods— HITT’S CONFECTIONERY Asks for re-nomination on Republican Ticket. E SURE TO READ PAGE 23, CAN DIDATES’ PAMPHLET, REPUBLI CAN PARTY, SENT OUT BY SEC î ET ARY OF STATE. “If elected, I w ill not be obligated to make any appoint ment in return for political support. “1 w ill make every appointment on the basis of merit. “1 w ill work for the greater development and welfare of Oregon. “These things I shall take upon myself as a serious duty and a solemn pledge to the people of the State.“ Vote for Harry L. Corbett Paid AdT_ Corbett for Governor Com., Fiord J. Cook, Field Mgr. 608 Corbett Bldg., Portland, Ore. D R . I. U . T É M P L E —Republican Candidate For— REPRESENTATIVE , ’ lit U matilla corarr S T O U T ’ ’■ * A competent business m u , a pioneer, a substantial taxpayer and informed on the economio conditions of the state *nd county. ▼0TE FOB YOUR NEAREST REPRESENTATIVE Expert Coining to PENDLETON on MONDAY, MAY 5 Evenings by telephone appointment only. No Charge for Consultation Mr. C. F. Kedllch. the successful expert says: The “ Perfect Retention Shields" hold the rupture perfectly no m atter what position the body assumes or how heavy a weight you lift. They give instant relief, contract the open ing In a remarkably short time and strengthen the weak tissues (th e real ¡cause of ru p ture) ao that they fre- quetnly recover th eir previous natu ral retaining power, needing no fur- i thor outside support. Stomach trou ble, backache and constipation often caused by rupture promptly dlaapp- ' ear. T ru ly remarkable and prompt re sults have been obtained not only i w ith recent and not fully developed ruptures but also w ith old. long neg lected ones. W hen the cost is no more, why not choose the best? —a t the-- Black and White Garage Ingenious, recently perfected de vices are now holding ruptures firm ly which heretofore never had been retained. No elastic belts or filth y legstrape are used. I guarantee the d urab ility of my absolutely sweat and moisture proof, sanitary appliances. 75 per cent of ruptured children [ recover completely through expert mechanical treatm ent according to statistics. Do not waste your money on wide ly advertised m all order contrap tions. You cannot f it yourself. C. F. REDLICH. Ruptur > Appliance Export, Home office, 63ft Boston j B” ck, MinucopoUt, Minnesota. A nnouncing NEW i SC H ED U LES Effective May 1st. 1930. changes In schedules are made by Union Pacific Stages to afford the greatest possible Conveniences to the traveling public. Travel over our lines Is comfortable nnd means a real saving in tfanapor- tatlon coats. NEW DEPARTURE TL.E Blue and cream coaches of the Union Pacific Stages leave at the following hours: For Portland— 10:10 A. M., 1:11 F. M.. 8:10 F. M„ 11:27 P. M. For Pendleton and La Grande— 3:03 P. M.. *8:39 P. M„ *11:84 F. M., 9 4 8 A. M. ’ Pendleton only. Low fares and direct connections to all Eastern Points. U N IO N PACIFIC HERMISTON DBUO CO. W . L. Hamm. Agt. Phone 101 J s as Dry Cleaning, Dye Works, Carpets and Household Furnishings, A statem ent from 23rd DISTRICT Fishing Tackle, Ammunition, Guns Cigars, Candies, Sandwiches * ■ ■ S Pendleton DyeWks.-Model Cleaners ¡ REPRESENTATIVE S P O R T IN G G O O D S 5 E are still un decided as to our location at press time, but we will re main in Hermiston and continue our bus iness as in the past. W CHAS. G. BURK Inc.