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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Dec. 16, 1928)
PAGE TWO rEPFonn mattl ttctbttn'r mf.dfot?d, oreaon:. srmw. frr.rEMnEr? ig. 192.9. 1 - 1 md;Hy $200,000,000 for Santa Claus P 69 no S5 i T H PS W ; tiWfpt dry Hiiuw arm IN eulei urniiNil tin ! Ijujiurn. . ShMipfi-s In iifiivy ivnis liunifd past, uniLs loaded wifh luii(lli's. Clilldri'ii shipped In 11 11 tlL-iiminry 1 itliicHs. Old Jou pill I t'd liia worn suck coat ulumi J1I111 "und fuiftviied U tighter with u piece of wire. Hi halt. If. In dirty outing miiii'ii, were cold, lit kiioflit'd the biU-liK ut thfin to-Kt'thi-r gingerly mid Ktiimped Ills feet feelily on tlie ley unlk. "i'uper! Kvciiing Journal ! Pa per;" lie droned iwinoionoualy. .Mentally lie figured Ids gain. Knoiigli for u Ilfieen-cetit bed and sandwiches, may lie, ilut, lonior row's being Chrlmnms, nnliody'd buy papei'H. lie wanted to get enough (0 buy u Utile gntuethlng to uiit uiii nicu luoii 011 u jiioiiNii j on(lj flow 11 11 u HMiiicLMj grin uiavite 10 iihiku iiiiii uiipjiy uiiu neiii ll nil 10 ... th. i,ni..t n ....... n.. Just what mi old beggar be wan. ' ,.pturn it ln tho havkwUMhm ,nk. Ulien, be wouldn t have to ent so & ,,, . , , i tnK, MvvM'plriff iiern.H the country j and bark in H-niiml niovementH. I DeniandM for fumlN for crop plantlnK and luuvt-HtinK draw j money from the oily to the country in tli HprlnR. DomamlH for pur poHpH of trunHportatton, nninufac- ' during and dlHtrihuUun draw it Ml W,in jy'-j f& It Ylrttir II. ScnlcM Associated Prow Klnanctal Writer. NKW YORK yp) Money 1 flooding Into the country! great centerH of distribution in prepara tion for a Christ mnu demand Xv.v currency entimated at ?:!OU,fou,Oao to $40,00,00. The movement represents a aea- ono of thme rec,urrinjtf ; wavea which e.irry money always much, either. A vagabond. That's what he was. Never been much else for yea.'S. "Well, hello, Santa Cliius 1" joiipi; ntun's voice bailed merrily. Old .'oe tuiied. "1'uperV 1 A hiL'-'ilnKi welt-dressed eoupl raced blm. "Why, Jack!" tlto girl mltifMilcmiulu witmitiul Piilnil "How uro uh, Uncle a'oorKe?" ' ""k t0 ,h," cl,,1'""; nor irrevereui companion renHion. so that a str:idy movement of funds and credit is maintained. Manufacturers having transformed the raw material Into finished tro'wiH, acdl Jn the centers' of distri bution and money thus again moves to the center of credit strain, iiRain affording relief. Meanwhile fanners, manufactur ers and workers, paid fur their products, arc using their cash to make pure ha fen and funds begin flowing to thf centers of distribu tion. New York, Chicago, St. Louis 11 nd other large cities, training rnas create a buying urge. During tho movements funds flow in and out of the bunks, but in the last few weeks of the year, 1 especially in the weeks from just before Thanksgiving until jut 1 after New Year Day, bankers a ' money ri-muins out. Some $5o,mmu,uuo to 175,000,000 in currency is required to finance the Thanksgiving holiday, the funds being spent for food. preg , ents and celebration, but uiso for ! railroad trans)Kirtallon attendant to the time-honored custom of ' go ing home for Thanksgiving.': This custom in itself acta as a 'distributing influence, wince funds are scattered among thousands of cities, towns and villages. With Thanksgiving over, the public becomes interested in ChrbttmaH shopping, a definite j need for funds is established and j tho money remains out for use. 1 Christmas clubs alone pay out j 1550,000,000 before the holiday. : L'A'penditures Increase until Christ mas, hold pteady until after New ! Year's and thenmoncy returns to ' the banks, ready for use when in dustry and agriculture begin siuing financing. ' . - - : i year tor approximately a million larmerM, soon will pool ideas in an effort to devise ways and means for coordinating the major agri cultural business groups of the na tion into a service and protective agency. The project Is the result of a de cision by the American Institute of Cooperation, reached at h meet ing in Berkeley, Calif., last July, to effect a closer contact between the groups ln work toward solution of national problems in ugriculture. Charles W. Hoiman, secretary of the Institute, who was instructed to select the committee, says thai it is expeced to delve Into the types of problems in which coop eratives might have a common in terest, to ascertain the extent to which there is a desire for closer working relations and to coordi nate the views of representative '"''''rJ n to what mlirht ht tho best principles of which to f ootid a national service and protective agency, if such an organization be launched. J The com mil tee of nationally , known K-aders in the cooperative J movement consists of: ' John U. M iller, Suiue hannu, j Pa., vice-pi c.-ddent and general counsel of the Dairymen's League . Cooperative Association, Inc. j C. O. Mother. Tallus, Texas, presi i dent and geneml manager of the j American Cotton Growers Ks I change. j - ll. A. Ward. Portland, Ore., gen .eral lannner of the Pacific Coop ; erativo Wool (Jrowers. , . D. Sunders, Seattle. Va.sh., president of the Washington Co operative I'gg and Poultry a,sso i elation. i C li. Dt-nmun. I'armington, Mo., nreid"nt of th" National Livestock 1 Producers ufsoeiation and presi ', dent of the St. Louis Livestock , Producer assoLtatton. j J. J. Knight, Kansas City. Mo., general manager of the Kyuity t'nion Grain company. l-Irnest It. Downie, Wichita. Kas., "general manager of the Kansas Co- oneralive heal .Market aswocia , lion. j ' Jolm D. Zink. Springfield, Mai.. r i general manager of the Kastern I States Farmers' Kxcliange. 1 toltnan Hjiys the committee Is j entrusted witli "one of the most ' important tasks in tho history of J American agriculture." J ' There are," he explains, "ap- , proximately 3,00o,ii00 farmers who aro members ot some type of cu-1 operative association, and the 1 more than K'.ooO cooperatives are j diiiff an aggregate business of j about 83,"Oo,onfi, 1100 annually. "About 150 of the large-scale business cooperatives are doing business In excess of $50, 000,000 a year each. In a number of the major agricultural commodities, local and regional cooperatives al ready havo banded together for common informational and protec tive, purposes within their respec tive commodities; but, as yet. little or no progress has been imidu to ward enabling these representative groups to havo contact with each toher for mutual protection anil for the advancement of projects of an educational or a legislative character in which they have a. common interest." Money is saved by taking a little- time during the winter months to plan a budget for the farm. A 5ood budget Includes provision for finances, equipment, labor ami production. . The Farm Week ' in Washington lly I'm nk I. Wrllnr ( AKHorluteil l'ri'HH Kami Editor) WASHINGTON W) KiKht men. chosen from proupH doing u IuhI ni'ta of ni'iirly Jl .noil. 000. noo a con- t i imod. old Joe erlnnoil sheepishly be hind his beard. "Wunnu piiperl" he tisked. ' "I soy, Frnn !" 1 the yomh ex clolnied. "Here's our Clirlstinna !" He drew her further nwuy nnd wlilsiiered. They returned. "Hey ! IInu''d you Mice to romo to our hoiiHK for ChrlHtinns?" They tnlked some time before they convinced old Joe Hint they meant it. Too rold to be proud, lie even submitted to the Imlll nnd luilr cm Hint .luck piiUI for. In u suit too smiill for .luck's fntlier. Joe ciime iilniKliod Into the kitchen nnd ntc. "You sec, Frnn'H my sister." ex plnlncd .luck. "The folks went OCT on tliclr Chrlstuiiis spree nml left us home. We told 'em we'd do something rnre for our cclebru llonl" .luck- nnd Frnnees hnd ciiten down town. It wns Inte. Jne wns given some hlnnkets nnd put on a wimm ScUfionnl uctlvlticH In essential and Kcctlonal IndiiHtrlcs also exert a dmwliiR Influence on funds. ;nnd thero Is ven tt sizable "hot iIok wave," ' a . Hummer movement, which draws funds from city hanks ut tho end of one week and biinKH It back from resort hanks nbout the middle of tho following week. "Crop demand" Is one of tho first 'blK motlvntlnic Influences of the year, maklni? Itself felt chiefly ln tho cotton growing ureas of Texas und tho farm lands of tho nilddlo west and northwest In the spring, when farmers borrow funds from their local hanks to buy seed, plant tho crop und prepare for Its raising. Local hanks lend to the limit of their own resources, then call upon city honks for funds. Tho tight ness of oredlt thus created finally Is relieved by a flow of funds, or of croillt. from tho nearest federal rosorve hank and from tho. big banks in the east. As harvesting time draws near tho furmers sell their crops for ensh. ply off their debts' to the bank and a new money movement Rets In. The hanks In turn repay the larger Institutions, while the credit Btralni now falls upon the manufacturing centers, cHpecliilly new York and New Kugland, whoso corporations have purchased tho raw material for cash. Tho bunks of tho Industrial east now supply funds, while tho banks in tho agricultural districts, flush with cash and euftor to put their surplus 'funds to work, Invest In the acceptances und commercial paper of the manufacturers. The cropg usunllv mnlure In sue- "Wh Whar-d Y Git Thl?" He Demanded. cot In the corner of Jack's long room. In tho nlcjit Jno wakened sud denly, l'lilnfillly, lie raised nnd listened, "lley you Uncle George ! (iosh, I'm sick I" Juck . tnoiined. (Id Joe turned the light on as lie was told nnd culled Frances. She wailed, "I enn't cornel I'm sick. I've been trying to call some one." The nut morning, the doctor on Ids Focond cull, lurned to nn old nun with a nently trimmed beurd und a clenn suit. "Tliey'ro nil right, now. with the ntirso here. It was snineth I hey uto Inst nli,'ht." Jnck wns be.ler. llo smiled faintly "Well, t.o Joke was on us. wusn't it, linclo (.leprae? You did UK the I ii vw by getting the doctor hero und running errands In the nlftht. Ilefore.you go, step In the closet thuro und go; my case." Jou popped Hieunuitlcully out or the, closet, wide-eyed, currying not n ruse but an old enlargement. -"Wb Whnr'd yo git thls't" lie ilo uitindud, hands trembling. "Oil, (hut's why we cull you L ucie George. You see, It's n luihll wu have to or sort of teusc Dud. 'l inn's his brother, Ucorge. llo ran iiwny when lie win young. No body's heiird of him 6lnee. Dad says lie wus smart und sure to make his murk somewhere One it thesu (lays, ho says, I'uclo Coorge will tlrlVH up In n Itolls Itoyco with enough hundred dollnr bills t paper our house. Dud's iH-iu.lly immd of blm. Wo tire, rulher, too. Ilut wo cull er dif ferent fellows 'Uncle Cieorgo' to iiinka Dnd well, you see " Juck stopped In embarrassment. Old Joe uodded. "Wall, I gotta be goln'l" ; "Wnlt I Thero's some money In my case. I want to puy you.'1 "Nnw, Jest come down tin' boy papers of oio cf you wnnna help. I'm s gnnua start savin' up to buy stand." Outside Joe's trembling hand opened an almost empty purse, und pulled out I lie email original of the enlargement upstairs. A tear enn trndlcted the shee,ilsh grin. "Wall, it's a good thing tho fellers took to cutlln' mo Joe, luloly, stead of lieorge," lie told himself. t( 1831. WMUrn Ntwipaptr Union.) t Two pairs of everyday shoes it worn alternately will wear much longer than It they are worn con secutively. ' If any member of the family has a pold, one prevention of spread lug Is by boiling the handkerchiefs for A half an hour. 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