Medford mail tribune. (Medford, Or.) 1909-1989, February 28, 1921, Image 4

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Medford mail tribune., February 28, 1921, Page 4, Image 4

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Newspaper Page Text' MOTC POUT? MTCnFORD MATL TRTBTTNft, MEDFOTJD, ORKOOX, MONDAY, FEDKUAHY 28. 1021 Medford Mail Tribune AN INIHOPENDKNT NEWSf'APKfl FUUL.I S If 10 1 K V K H V A FT 10 1 i NOON KXObvT Sunday hy tiie - MKOKOKD 1'HINTIXG CO. The Medford Hunday Hun is furnished nuuscrith-ra uetm-niK a st-veii uay uau newspaper. Office Mail Tribune Huildinp, 25-27-: North Fir street, Phono 75. A consolidation of the Democratic Times, the Medford Mai), tho Medford Tribune. The Southern on-goniaii, The Ashland Tribune. ltonKitT w. iiniu Kill tor. SL'.MPTKlt S. SMITH, ManuKT. SUBSCBIPTION TERMS: BY MAIL IN ADVANt'K: Daily, with Sunday Sun. year ftJ0 Dailv, with Sunday Sun, month S Dili I v, without Sunday Sun, year.... Dailv, without Sunday Sun, montli .Oj Weekly Mail Trilmn.-, one year 2."" Bunda v Sun, out- ear.. 2.)) BY CAUltlKIt In Medford, Ashland, Jacksonville, Central 1'uint, Phoenix. Talent: Dailv, with Sunday Sun. month Daily, witluul Sun da v Sun, month Daily, without Sundav Sun. year.. 7.u Dailv, with Sundav Sun, one year 8...0 All terms by currier eash iti udvanee. Official paper of the City of Medford. Official paper of Jackson County. Sworn dally avoraRe circulation for Kix months endhiK Oct. ItHiU Entered as Heeoml-elass matter at Medford, Oregon, under the act of March 8, U7y. MEMHKKS OF TlIM ASSOCIATED PKKSS. The AHSoclntrd Pn-sH Ih exclusively entitled to the uso for republication of nil news dispatches credited to It, or not otherwise credited in this paper, and also the local news published herein. All riKhts of republication of special dispatches herein arc umu reserves. Ye Smudge Pot By Arthur Perry As a result of tlio basKcthiill name Saturday, tho axis of the eartli is twisted slightly to the left, and the sua did not want to conio up this a. 111. People who are condemning the ap pointment of DaiiKherty as atlorney gencral In Mr. Harding's cabinet for get that it is humanly impossible for the gent to he worse than Halter, Dan ' lels, Durleson, or that ardent lover of the Bolshevik Mr. Post. Messrs. Art Hazelrige and Frank Wortman held an Impromptu giggling bout In front of Marsh's Sat pin. Tlioy primed their gigglers with comment on Jilliam Jennings iiryau. WASN'T IT REBECCA (Albany Democrat) Rev. Henry Alhers Is to preach Siext Sunday at 1 1 o'clock at tho Franklin liutto school house south of Sclo on tho text "Sampson at tho Well." Pooplo of tho neigh borhood nro invited to ho present. ' Tho Washington state legislature lias introduced a hill regulating the dresB of schoolnm'nms flat heels, and skirts, Invisible, and not more than six inchos from terra flrnia. Tho school ma'ams may obey the law, hut thero will bo a decline In tho desire for edu cation. ' Armenia is assisting tho Bolsheviks with mighty ardor, and America did not send tliom enough grub. America should have n mnmlulo over them, as tho departing president suggested, nnd then somo, so as to bo sure and have enough. WHAT THESE VETOES MEAN. r HEIJK must lie legislative reform in Or-nn. I las vetoui-; ol over 12 measures liv Governor Olcott should awaken the state to the necessity of drastic action. For what do these vetoes mean? They mean one of two things, other that under the present system of a continuous session a prreat mass of legislation dangerous to the state? is inevitable, or that the governor is exercising an autocratic power, which is indefensible and if continued, means the destruction of representative government in this state. The truth probably lies between these two extremes. A careful study of the governor's veto messages, justifies the conviction that n majority of the measures killed should have been killed, on the other hand it 'also is apparent, that with the legislature adjourned and no redress possible for two years, such extreme exercise of the governor's veto power, involves a grave danger, to representative government. Every measure vetoed by the governor, was passed 'by the two houses of the legislature, after committee investigation, report, and debate, in other words by formal action of n majority of tho people's representatives. Now one man, after what is necessarily a brief con sideration, undoes what had been done by the people's representa tives, and whether this one man's judgment was right or wrong, the people of the stale have no recourse until 1923. Assuming that the governor's vetoes arc all justified, at this time, it should be apparent to anyone, that at another time, tho chief execu tive judgment might not be so unerring, that his motives might not be so disinterested. Then would the .state be faced by a condition of its governor controlling both the executive and legislative branches of the government, a dictator with the power to kill every bill pass ed, of which he does not himself approve. Obviously such a situation is an absurdity and a menace. There must be some method devised for immediate correction. In our judgment a divided session of the legislature is the first essential step: Willi a session for tho introduction of measures, followed by n pe riod of rest, during which these measures can be studied by the people and their provisions made clear, this orgy of half digested legislation would stop, and the governor would not be transformed from an exec utive into a mere legislative executioner. This measure was defeated at the last election. It should be in troduced again. The experience of the 1!)21 legislature must have convinced a majority of the people, that such a reform is imperative, the state legislature is not to become a farce and a peril. Tho wealhorinan's girl did not write i him a letter again, so the valley had another little rain on Sunday. THEY NEVER LEARN (Salem Capital Journal) Dallas, Or., Feb. 25. The spring woathor Is causing quite a rush in Polk county for marriage licenses, thrco having been issued yester day. A more or less peculiar cir cumstance Kiirrouuds ouch of tho three. Tho first ono Issued was to Win. A. Chuto of Salem route 1 and Ku nlco Smith. Salem route. 1. Both nro tempting fate the second time. RipplingRhumos Wslt Mason THE CRUCIAL TIME. Tho appointment of Bert Anderson iib a member of tho gamo commission is a dandy, and inasmuch as he never caught a game fish in his life, it as sures all hands that ihey will be caught on a non-partisan basis. Thoro is something suspicious about it It) year old boy stealing $772,001) in Liberty bonds, and immediately upon capture blaming It all upon tho kind nuss of Federal Juilgo Landis ill a elm llur case. "Punts Were Made to Bo Worn. We liavo 10,000 Fair All Cut to the IJuiek." 1 (Ad Sacramento lice) Uo.ih! Who'd A-Thot 11! CAUSE AND EFFECT (Marshficld News) F. A. Ford who handles soft drinks with extracted kicks, was in the city over night and this morn ing went over to the valley to make the towns up uud down In Clara Smith llnmon's account ol the bruialily of .lake llumou, hefnrc she pumped lead Into his system, the most pathetic part is wbero the gent with refined cruelty and devilish in Senully presented her with a $Jluv automobile. You Are The (!uy! (Sermon topic Klamath Herald i. A modern version of "Thou Art the .Man:'' Tho Argentine Automobile show Just held ut Buenos Alios, according to In formation from XV. V. (ianet. (ioodyoar representative In that country, was re plete with class nnd exceedingly well patronized. .Wflh Medford trnifo Is Jfcdforil made r-pTIK country's reached an evil pass, and there is worse to fol X low; this readjustment stuff, alas, is pretty hard to swallow. So speak the jays in doleful bands, who grunt and grumble daily; throughout their lives they wring their hands, and nittrmitr' "Willow-waly!" Hut. wise men say that bitter times are just what wo arc needing; we're learning now to prize, the dimes we used to blow unheeding. AVo used to spend our coin in haste, for all' the junk they'd dish us; we're learning now that wanton waste is foolish, vain and vicious. Wc had to learn that much of truth, and heal the spendthrift canker, and take our earnings to the booth where dwells the village banker; we had to learn this sort ' "I"''' "' "'"'.V hi.rning, before there could be any hope of Klahlc. times returning. We're getting down to lacks we cease our spendthrift ravings, and you n.av see us makiii" tracks to salt, away our savings. When we are seedy, sick aiiore it takes strong dope to cure us; and now (lood Health is at the door the wise old lads assure us. The medicine we have to take may su"' 11 """ "'-"', one what's the dill' if it will nn a healthy critter? ike each gent Charter No. i2i(j. , , lleserve District No. 1- REPORT OF CONDITION OF THE How Much Do You Know? 1 What is archaeology? 2 What famous biiltlo was fought at dailies' Mills? mil tunic contains a bed of lava luo mites ioiih'.' i nira iircsldculg have been elected uy luo Holism ol represeuui uves? 0 Why did ICnglnud pay damages to L'mleil Bailed tor piunuuiiug done uy tno ' .-uuu.una ' uuiuitf luo civil war: u wiai city ol uio Limed Slates was bum m u day vi.ui lu.ouu luimui tauis? V What territory was included m tho Louisiana ruruiiase .' vWiiii is tne urea of Texas? ti now weru cany coins inauc? JO now mug um tuo War ot 1!'12 last? Answers to Yesterday's Questions" 1 i low many names were more during tne ne.uiuuoli: Ans. 'mere weie o2 uatties uui ing the llcvolutioii uiy war including i.oingiou una Lon-t-oal and lorKUowi. 2 u Hal is i ne meaning of "hors de combai : .mis. I no winds menu "out in condition to flgm. i ney are ricniii words. u What are "days of grace"? Ans. I hey nro d;is allowed lor payment ot notes or ions aiier uio speciued liuio nas elapsed. .-wiiat is the value of the Inited States gold coin known as the KaglcV Ans. Il Is valued at vlu. DIAMOND DYES DOM' STREAK, SPOT, FADE Buy "Diamond lvs," kind, then period i-fiill alitccd. Karh piu'kui;t! of Dyes" contains simple din no other :llo guar 'Dlainond -etlnns to dl.-iltuiiid-di e MtM'll. shabby skirls, waists, llri-ssrs, ee.tst, sieves, sleik iliKM. sweaters, draperies, coverttlKS, everylhtlls-, whether eol, silK, linen, lotion or luiMd kdimIs. new, i-ith, 5 Where is Blarney Castle? Alls, it is situated near Cork, Ireland. It contains the "Blarney Stone" which is supposed to impart fluent powers of speech to whoever kisses It. G What distance must a snip go from shore before it enters tho high seas? Ans. Three miles. 7 What was the policy of the polit ical party known as tho "Know Noth ings?" Ans. Tho "Know Nothings" in sisted that nobody but a nutivo Amer ican should hold office. Tho party sprung up suddenly in 1S5 and then disappeared. S What is "pigeon English"? Ans. 'Tlgeon English" Is a combination of Knglish, Chinese and Portuguese, it Is used In business affairs in China. 9 Is It correct to say, "Ho belongs to the IClks lodge"? Ans. No. "Ho is a member of tho Klks lodge" is correct. 10 Who Introduced the Gregorian calendar? Alls, l'ope Gregory XIII. ( barter No. Medford National Bank At Medford, in the Slate of Oregon, at the close of business on February 21 llC'l. RESOURCES 1. a Loans and discounts, including rediscounts ii32,719.S0 e Notes and bills rediscounted other than with Federal Reserve Hank (other than bank ac- acceptances sold) (see Item 51b) 5,000.00 C J7.74n.M 2. Overdrafts, unsecured 1,01 1. 1" 4. U. S. Government securities owned; a Deposited to secure circulation It'. S. bonds par value) $100,000.00 . d Pledged as collateral for State or other deposits or hills payable 15.1,500.00 f Owned and unpledged 7,100.00 Total V. S. Government securities liGO.GOO.oo 5. Other bonds, securities,, etc: b Bonds .(other than t'. S. bonds) pledged to secure postal savings deposits ? 5,000.00 c Bonds and securities (other than U. S. securities) pledged as collateral for Stale or other deposits (postal excluded) or bills payable 15,000.00 e Securities, other than U. S. bonds (not including stocks), owned and unpledged 22,070.01 Total bonds, securities, etc., other than V. S 42.070.04 7. Stock of Federal Reserve Bank (50 per cent of subscription 3,750.00 S. a Valuo of banking house, owned and unincumbered. 43.SOU.00 !). Furniture and fixtures 5,000.00 10. Keal estate owned other than banking house 1S.321.00 11. Lawful reserve with Federal Reserve Bank 1S.11S.20 li. Cash in vault and net amounts due from national banks 97,357.77 14. Amounts due from banks, bankers, and trust companies in the United States (other than included ill Items 11, 12, or 13) 379.97 15. Exchanges for clearing house , 7,ti5S.22 Total of Items 12, 13, 14, 15, and 1G $105,395.90 17. Checks on banks located outside of city or town of reporting bank and other cash items 854.27 IS. Redemption fund with U. S. Treasurer and duo from U. S. Treasurer : - 5,000.00 19. Interest earned but not collected approximate on Notes and Bills Receivable not past due 11,155.25 Reserve District No. 12 ' REPORT OF CONDITION OF THE First National Bank in the State of Oregon, at the close of business on February 21, 1. At Medford V''"1' RESOURCES Loans and discounts, including reu..u..m Overdrafts, unsecured U. S. Government securities owned: . . a Deposited to secure ull,OBll.!510o.OOO.OO value) " """";U"'"" ,i, .imuislts d Pledged as collateral ior ai.uu or bills payable- f Owned and unpledged - h War Savings Certificates and actually owned Total I'. S. Government securities Other bonds, securities, etc.: - h Bonds (other than U. S. bonds) pledged to secure postal savings deposits 74S.593.3J 1,843.71 "Cascarets" if Sick or Bilious Tonight mire! Let a pleasant, harm h Canc-UTt work whilfl you sleep ami have your liver active, heiut clear, nUnnach Kwwt and bowel a moving repiilnr by niorainp. No priping or in convenipiuv. 10. 5 or SO rwit Mm. Children lov this candy catiiartic too. GOOD CLOTHES I Make Them KLEIN FHR TAILOS 12H East Man St. faitftess Card, id. .is. DuiKKiMt has ivin Adv, 13 1 Licensed CITY SCAVENGER . All refuse Immediately removed on short notice. Weekly visit In resi dence districts. Dally business dis trict. Ph. .on 8!i. Ylinl.Tl ft JKXMNtiH. - ...... ,,. ..i ii. ,r;iH 21. 47. 48. El. Total - 11.173,731.94 LIABILITIES Capital stock paid in $ 100,000.00 Surplus fund : 25,000.00 a Undivided profits $ 34,776.81 b Less current expenses, interest, and taxes paid.. 11,017.94 23.75S.87 Interest and discount collected or credited in ndvance of .ma turity and not earned (approximate) 3,119.31 Circulating: notes outstanding .' ' 96,400.00 Certified checks outstanding .1.141.63 Cashier's checks on own bank outstanding . -. . . 3,455.14 Total of Items 28, 29, 30, 31, and 32 4,596.77 Demand deposits (other than bank deposits) subject to Re serve denosits payable within 30 days): Individual deposits subject to check 418,976.32 Certificates of dcnoslt due In less than 30 days (other than for money borrowed) .- 3S.9S1.94 State, county, or other municipal deposits secured by pledge of assets of this bank - 35.SSS.9; Total of demand deposits (other than bank deposits) subject to Reserve, Items 33, 34, 35, 36, 37, and 3S : $493,847.19 Time deposits subject to Reserve (payable after 30 days, or subject to 30 days or more notice, nnd postal savings) : Certificates of deposit (other than for money borrowed) 170,li92.5i; Postal savings deposits 1,509.13 Oilier tinin deuosits 159.71S.il Total of time deposits subject to Hcscrve, Items 39, 40, 41, and 42 $332,009.SO Dills payable, other than with Federal Iteservo Hank (includ ing all obligations represeutliiB money borrowed other than rediscounts) None Dills payable with Federal Reserve Dank 95,000.00 Total 51,173,731.91 n Liabilities for rediscounts with Federal lteserve Dank (see Item Id) Nu0 h Liabilities for rediscounts other than with Federal Iteservo Hank (sen Item lc) 5,000.00 58, 09. Total contingent liabilities (51 a. h. c. nnd d) (not includ ing items in Schedule 23 or report) $ 5,000.00 Aggregate amount of salaries or compensation paid by this bank to Chair, man of Board (if anv). President. Vice President, Cashier, and Assis tant Cashiers for month of January, 1921, $800.00; Annual pay of all these officers at January. 1921 rate of pay, $9600.00; number of these officers on date of this report was 4. Aggregate amount of salaries or compensation paid to all other employees of the bank for month of January, lai, o.uu; Annual pay oi meic employees on basis of the January, 1921, rate of pay, $7500.00; number of these employees on basis ot tne January, isi:i, raic or pay, jfsuu. number of these employees on date of this report was 6. Kiaie if Oroiron. Countv of Jackson, ss: 1, John S. Ortb, Cashier of the alKive-nanied bank, do solemnly swear that the above statement is true to the best of my Knowledge and ueiiei. JOHN S. ORTir, Cashier. Subscribed and sworn to before me this 2Sth day of February, 1921. NONA U. DUNLAP, Notary Public. Mv commission expires November 30, 1924. COHKKCT Attest: J. A. Perry. F. E. .Merrick, XV. H. Core, Directors. MR. BUSINESSMAN RESULTS Speak Louder THAN WORDS XV K have saatisficd a large lun Jnrity of business men of .Med ford and vicinity that our In come Tax and Accounting Spec ialists are ol' value to them. XX 11 can be of service to you NOT DO DELAY XV K urge preparation of your returns AS SOON as rossiBLi: Wilson Auditing Co. Liberty HldR. M. Wilson J. t'oncs V. P. A. Income Specialist REFINED SERVICE saving a position to at a We are in give., the lowest- possible rates obtainable. Every item of modern fun eral service is given our most careful attention, also the assistance of a Licensed Lady Embalmer without extra charge Weeks -Conger Co, EARL FRUIT COMPANY of the Northwest SELL Corona Dry Arsenate of Lead Rex Lime Sulphur Oil Solutions QUALITY AND PRICE RIGHT L. M. CAMPBELL ' District Manager Thrift Stamps 45,000.00 2a, 508. 00 23.94 3,000.00 174,592.51 50,000.00 50,323.80 18. 19. 21. 30. posia. - " . ; - ., s critics) c llonds anu secuiiins. i...... 7: . .,,. pledged as collateral for State or other deposits (postal excluded) or bills payable e Securities, other than V. S. bonds (not including nu-nnri nnd unuledued Total bonds, securities, etc., other than U. S...... ............... Stock of Federal Reserve Bank (50 per cent of subscription).. Value of bankint! house, owned and unincumbered Furniture and fixtures -- -- Heal estate owned other than banking house Lawful reserve with Federal lteserve Bank Cash In vault and net amounts due from national banks ..... Net amounts due from banks, bankers and trust compa n ies in the United States (other than included, in Items 11, 12, or 13) Exchanges for clearing house i 'irTi Total of Items 12, 13, 14, 15, and 16 82'72(9- Checks on banks located outside of city or town of repoi ting bank and other cash items Redemption fund with U. S. Treasurer and due iron, u. t. Treasurer ; Interest earned but not collected approxunuiu;ou mm Dills Receivable not past duo 103.323.80 3,000.00 82,500.00 15,000.00 3,958.04 70,507.77 08,870.69 8,305.62 5,193.32 3,344.14 5,491.02 Total LIABILITIES Capital stock paid in ' Surplus fund ' "T977 i7 a Undivided profits !'fii , ' b Less current expenses, interest, and taxos paid.. 4,187.05 interest and discount collected or credited in advance of maturity and noi earned iuuiiruimu!j $1,299,884.47 100,000.00 20,000.00 3,090.42 502.39 2,613.30 390.00 99,097.60 6,870.12 300.2H 43. Amount reserved for taxes accrued Amount reserved for all interest accrued Circulating notes outstanding , - Net amounts due to banks, bankers, and trust companies in the United States and foreign countries (other than In cluded in Items 28 or 29) n.itl. nl.Af.L-o mitctiinilinp- Cashier's checks on own bank outstanding rXi"."oS 9,46a.44 Total of Items 28, 29, 30, 31, and 32 $ 16.GS5.82 Demand deposits (other than bank deposits) subject to Re serve (deposits payable within 30 days): Individual deposits subject to check 502,579.50 Certificates of deposit due in less than 30 days (other than for money borrowed) 39,670.44 State, county, or other municipal deposits secured by pledge of assets' of this bank - 39, ,nTi?i Dividends unpaid ")o uu Total of demand deposits (other than bank de posits) subject to Reserve, Hems 33, 34, 35, 36, 37, and 38 $581,581.20 ; Time deposits subject to Reserve (payable utter 30 days, or subject to 30 days or more notice, and postal savings) : Certificates ot deposit (other than for money borrowed) 127,602.41 Other Time deposits 328,co!!'2.5 Postal savings deposits : 622.M Total of time deposits subject to Reserve, Items 39, 40, 41, and 42 $457,019.65 United States deposits (other than postal savings): c Other United States deposits, including deposits of U. S. disbursing officers 19,004.19 Hills pavable, other than with Federal Reserve Hank ( includ ing all obligations representing money borrowed otner than rediscounts) Hills payable with Federal Reserve Bank Liabilities for rediscounts with Federal Reserve Bank Nono Nono None 58. 59. Total $1,299,884.17 Aggregate amount of salaries or compensation paid by this bank to Chair man of Board (if any), President, Vice President, Cashier, and Assis tant Cashiers for month of January, 1921, $840.00; Annual pay of all these officers at January, 1921 rate of pay, $10,080.00; number of these officers on date of this report was 4. Aggregate amount of salaries or compensation paid to all other employees of the bank for month of January, iai, 33.uu; Annual pay 01 ineoe employees on basis of the January, 1921, rate of pay, $4740.00; number of these employees on date of this report was 5. State of Oregon, County of Jackson, ss: 1, Oris Crawford, Cashier of tho above-named bank, do solopinly swear that tho above statement is true to tho best of my knowledge and belief. ORIS CRAWFORD, Cashier. Subscribed and sworn to before me this 28th 'day of February, 1921. T. W. MILES, Notary Public. CORRKCT Attest: Chas. Strang, Henry Hart, Wm. G. Tait, Directors. THE STAR MEAT MARKET MEAT, FISH AND OYSTERS Tuesday and Wednesday Special. Choice Beef Pot Roast, per pound .... 17ic Fresh Side Pork, per pound ...20c Hamburger Steak, per pound 20c Stew Beef, per pound 15c 314 E. Main We Deliver Phone 273 GIM CHUNG China Hero Store Horb enr fnr rrcT!e, headache, cat arrh, dlptherla, sore throat, lung trouble. ktlney trouble, stomach trouble heart trouble, chills and fever, crampi, coughs, poor circulation, carbuncles, tumors, cracked breast, cures all kinds ot goiters. NO OPERATIONS. Medford, Orejron. Jan. 13, 1917. This ta to certify that I, the underaiirn ad, had very severe stomach trouble and had been bothered for several years and last August whs not expected to live, and hearing of Gtm Chung Cwhose Herb Store is at 114 South Front street, Med ford), 1 decided to gel herbs for my stomach trouble, and 1 started to feeling better as soon as I used them and toil ay am a well man and can heartily recom ment anyone afflicted as I was to set Olm Chung and try his Herbs. (Signed) W R JOHN HON. Witnesses: I'm. t.ewts. Eagle Point. W. U Chlldreth, Eagle Point M. A, Anderson, Medford. S. B. Holmes, Kagle Point. C. K. Moore, K&le Point J. V. Mclniyre, Kaglo Point. Ue. Vn der Helen, agle Point, Xtiix, K Mchois. Kftffle Pfflnk Eggs Are Very Cheap Now is the time to put them down. It's an easy way to save money. We have a pure, clear, white WATER GLASS. It is the best there is. HEATH'S DRUG STORE The San Tox Store 109 East Main Street.