i
ArEDFORD MATT; TRTBITyE, ArEDFOTvD, OI.'KOOV. sl'NDAV. .1 ANTAKY is. hr.l.
oins In Annual Observance National Thrift Week
n
MedfordJ
THRIFT PLAN IN !
MEDFORD SCHOOLS rOR LOAN
YIELDS RESULTS!
That tfl tonphlnR of thrift In
Modford schools has been effect
ivo ami the pupils are really in
terested. Is shown, by the rapid
growth In school savings during
the pa.-t four years, an interview
with Superintendent K. H. lled
rick reveals.
. The plan was established In the
Medford scliool system hy Mr.
lledrlck in the spring of 1 0. and
sreat difficulty was at first en
countered In persuading some local
hank or loan institution to handle
the deposits. To handle the many
small accounts turned In hy the
schools meant extra expense in
clerical work to the institution un
ilcrlakins it, and the fear was gen
eral among them that the venture
would he short-lived. Mr. Hedrick
said, "hut they failed to reckon
with the Medlord spirit In the
younger generation."
In April 19211, B05 children. 3".
pel- cent of those attending schooH
in ui:u uhip. mauo uepositfl wnicn '
iniaieu au.nu or an average of
fil cents per child depositing.
Four years later, In May 190,
07.7 per cent of nil the boys and
gil ls attending school were making
wci'Kiy deposits to their accounts. ' her and i:n H. lluzcn. all of I'oi t
At that time the total amount of j I jund.
t-posit was $:i7,7iil. or an avr- Thse mm hav Iiccn irlvinir the
hko of tlH.su fur eaeh stu.lent.
Medford now ranks twentieih in !
all the schools of the l-nited Slates i
of more than An ft attendance. e- I
cording to tho last available na-
tional figures published in thet
durational Thrift tJazette, New
York.
Although hanking is not com
pulsory, Med ford High' school has
had lftft per cent depositors every
week since March, 1927, thus en
titling it to first rank among the
high schools in the Pacific and
Hockey mountain states.
Deposits are made each Tues
day through the schools, the stu
dents banking any amount from
one cent up.
"Although thrift education is
one of the most recent additions
to the modern school curriculum,
it Is already widely recognized by
parents and authorities as being of
sound practical worth and econ-' covering the Pacific coast divis
omic significance for tho boy and j ion. says operations in the Oregon
girl," Mr. Hedrick stated. The i lumber industry continues , on a
persistent . and1. steady increase in greatly curtailed basM."
deposits In school savings seems The report says rip saw mi! ling
to have as its basic factor, the f was at less than 50 per rent of
desire of parents to .Impress' upon4
their children the value, meaning
and use of money. .'
Medford National
BANK
NEW STATE CODE
FIRM!
NEARLY COMPLETE
The Legislative commilteo pf tty
oioKon State League of tfuHriiwr
& Loan associations has been' en-4
gaped for some time paBt in! 'the j
preparation of a new codit for
liuiiitinff & Loan and Savings and
Loan associations in .tho sliito of
Oregon. Hovorul rirut'ta of tho coUtf I
have been printed, and . the fjtiul
draft is now being prepared umUir.j
me supervision or John-Guy Wil
son, secretary of the State -.Ilur .as
sociation, wtio has lioon engaged
as attorney for the Legislative
committee. Tho , preparation of
this code has received the mottt
careful consideration, and " every
effort is heinif made to outline and
define all the material objects, pur
poses, and methods of doing busi
ness of the Kuilding and Ioan as
sociations in the state of Oregon,
particular attention being given to
the protection of the investors in I
such associations, and tho general
public in dealing with these asso
ciations. O. c. Hoggs of this city is tho
chairman of the Legislative com
mittoe having charge, of (ho pre
partition of this code. Commit
teemen associated with iiin are:
IL ' O. I'argetor 'of J Ftosehui't;;
(icorge II. Foster of Caker; It. A.
Schramm. A. A.' AsbahiV K. K.
Fitzwater. Lee C. Ktidd. K. O. Web-
most careful aitention to the pre-1
,,aratioii of this code for some I
time past, and expect to have the
same ready to submit to the leg-
islature within a short time. t
When completed, it is believed!
this will uive to the neonle of the!
state of Oregon a model
iiuilding
and Loan code.
IBE!
GUT AT LOW EBB
roUTLAXD, Ore., Jan: 17. iP)
The department at labor' -om-
nlovment serv Ire's rn r-wnf i-ennrr. i
nunnuU ' capacity in leoenUeiv
.Many of the pine mills wore eloped
for the sennon. the report fnid.
January 17 to January 23
BEGIN SAVING NOW!
Make that dream home a reality by starting
today on a systematic thrift plan. Put aside
part of your income for this definite pur
pose. No matter how small a beginning you
make this week, your dream of a happy
home will be realized with only a little sac
rifice. .!!..
LOCAL INTERESTS
E
FT
WEEK MOVEMENT
In observance of National Thrift
Week. Jan. 17 to Jan. 3, Med
ford institutions are stressing the
importance of paving in order to
insure happiness for future years.
The week has been officially di
vided Into the following: Thrift
Day: Sharo-with-olhers Day; l!ud
net Day; Make a Will Day; Life
Insurance Day; Own Your Own
Home Day; and Safe Investment
Day. This segregation Includes
suggestions which are undoubted
ly of value to every citizen of Med
ford. and the purpose of Thrift
Week is to forcibly remind people
of ways and' means by which they
may improve their standard of. liv
ing through consistent saving.
Schools throughout the entire
nation have only recently organ
ized banking plans whereby the
students deposit either small or
large amounts certain days of each
week. Thus tho thrift habit is
being Installed into the minds of
America' youth so that future
generations may appreciate the
value of saving.
Among the financially success
ful men who have put themselves
on record in reply to the question.
"Is saving necessary?1' are the fol
lowing: Theodore Roosevelt has said:
"The habit of saving money, while
It stiffens the will, also brightens
one's energy. If you would be
sure that you are beginning right,
begin to save."
.lames J. Hill, the railroad king
of the northwest and one of the
greatest developers of men Amer
ica has known, laid down this rule:
"If you want to know whether you
are destined to be a success or
failure in life, you can easily find
out. The test is simple and in
fallible. Are you able to save
money?'
Now come two of the greatest
modern merchants of America:
John Wanamaker has said: "The
difference between tho clerk who
spends all his salary and the clerk
who saves part of It, is the dif
ference in ten years between the
owner of a business and n man out
of a Job."
Marshall Field, of Chicago, had
a recipe for success. It watt this:
"If you would succeed in busi
ness, always spend a little less than
you earn. No matter how small
your earnings, you should master
this art."
r- '
WASHINGTON. Jnn. 17. 0P)
The senalo today approved the
' 5, 00 0,001) appropriation for Rod
Cross relief work. There was no
record vote.
l
CONGRESS ACTS
L
A short timo ago,, the Mail
Tribune published an interestintr
communication from a Ir.cn I citi
zen suggesting that the govern
ment could hi' ne fit the public, in
the face of the prewnt so-called
depression by grinding wheat held
by the farm board into flour. This
would not cnly provide employ
ment but would be an aid in th'
solution of aiding the poverty
stricken to whom the flour could
be given as food.
The Mall Tribune sent United
States Senator Charles McXary
of Oregon a telegram covering
the communication, suggesting
some action be taken.
Yesterday. S e n a t o r McXary
wired back and said u bill had
ben introduced in eongresn cover
ing the proposition.
The wire said in part: "A few
weeks ago. Senator . Cappi "l
Kansas introduced a bill author
izing and directing the Federal
Karen Hoard to deliver to the Red
Cross forty million bushels of
wheat to be converted into flour
to feed the hungry of the coun
try. One- day's hearing was had
before the senate committee. Thot
further testimony should be taken
and 1 referred the matter to a
sub-committee which has not yet
reported back tuthe full commit
ete. it will probably do so In a
few Weeks.
HIGHLY PLEASING
10 EX-OFFICIALS
It seems odd to the former may
or, A. W. Pipes, .since his retiiir
ment from office the fir.t of the
month, to be able to devote all
his time to his own interests, andf
pot to receive callers practically all
day long at his office on Import
ant and petty city business mat
ters, or answer phone calls relat
ing to the same, and betweeji
times, chasing down to th city
hall to talk over pending mutters
with department :'headsf'ir making
trips about the city to Investigate
proposed improvements.
While he enjoy this relief from
city responsibility of -the past two
years, yet he does not 1om any
of his interest In city affairs and
probably always will retain a rlose
interest. It. II. Hammond, .lames,
Collin.-. C. A. Wing and Kugcne
Thorndyke. former con noil men'
also enjoy their relief from niun!-
ipal responsibility and the ability
to .spend an tneir nine on uieir
own affairs. It Is said that their
new freedom is fo enjoyable that
unconsciously the majority of them
will not go within a block of the
"city hall yet for fear of someone
buttonholing them in regard to
some improvement or other wanted
city change.
' The sense of humor of Kx-Mayor
Pipes was a great aid to him dur
ing hi regime as head of the city
when vexatious affairs aroe. and
his retiring remarks addressed to
tho old council at the end of his
long formal public address, made
a hit with the departing conferees,
eppeially 111 reference to public
rns-dng. In this last farewell he
wiid in part:
"I want to -take thin opportun
ity to express to you my appreci
ation for your loyalty to a policy
which has made the accomplish
ments for the past two years pos
sible. The program has been
yours you have executed it well.
"When the community ha ap
plAuded wo have shared the hon
ors together when they have cuss
ed I have borne the Uou'h hare.
Hut to mf the two yearn have
passed quickly and I shall -cherish
richly in my memory tho oppor
tunity which has been afforded ine
of rendering n service to the city
I love."
Brisbane's Today
(Continued from Page One)
gigantic white letter A. That. Hlandn
for the University of ArUniin.
Evfitry ywir freshmen must cltnih
the mountain nnd rant-fully white
wash that loiter, which is t't feet .
high. !
The university for whUh that let
ter stands, Htul public education
generullv. nre the nlory "f Arizona.
The growth of Tucson Iins been,
marvelous. Development of the
public schools has been even morn
rapid. This clti'eiis have spent
their millions generously. An ntl !
mlrable public srhool is provided
for the Indian children. Anotlmr
higgor nnd even morn modern for
chiUlren of the Mexican nuarter,
uo discrimination tiefng mu'lp.
Splendid grade schools ami high
schools ure numerous.
Th I nlversity of Arlzonn Is n
statu InsllMitinn, free to those thai '
live In Arizonn. Students niny 1
come from other states paying n
tuition of $ir,o n year. Kverythlng
Ihat a university shouhl have this
nnlviTfliv tHiMMfj'ti'H. inrluditrg
htilliant aiiI IndV-drioiis pleslditil.
Dr. Homer I-roy Hchautz. Ami
jiome things no eastern mllecn can I
pvit linvn. Including a gat'ln of
desert plants, gigantic cacti, antl
ON L A
A
io ill wheat
NEW FREEDOM IS
others so small you scarcely ee
them.
Arizona will not let you move
i'lie from the stale. And the uni
versity has a pit for lalliesnakes.,
bred ami nourished for their ven
om, used as an antidote for snake
bito and dexterously milked from
the poison glands every ten or til'
leen days.
-
It takes an adult snake thai
length of time to store up new
poison. Vindictive human heinus
aml warring nations do it more
lapidly.
BUILDING and
i mm in im-iilininirn m ri
DURING NATIONAL THRIFT
Look Into
rr T?nr
Build a Home
Through our home owner
ship plan it is (in easy
matter to own a home of
your own , . . Begin NOW
to lay the financial foun
dation for y o u-r new
home . .. . Let us tell you
just how easy it is !
COPCO PREFERRED
offers a safe and profitable, investment in a sub
stantial and growing utility operating right here in
Southern Oregon and Northern California. Why
not observe THRIFT WKKK by investing in Copco
Preferred Stock?
Come in for details of this attractive home invest
ment or write to our Home Investment Department,
Medford, Oregon.
The KlrU at this co-educational ;
university, get the use of a good (
saddle horse for lt per semester.
The hoys play polo, and pliin an ;
eastern trip to challenge Trince
lon. They Plight try Lawrenceville
! at the same time.
Seeing your country first, last
! and all (he time, don't fail to visit
I Arizona, north and south, cast to
west, hmu inn nark on the south
etiuo of I'tnh down to noughts with
; its copper mines and west to Yuma, :
where the movies find their imi-;
tut ion of the Sithara desert, and 1
LOAN
Invest
6
THIS IS
Till-' ()I!SK1?VAXCK of National Thrift Week has become
a wide-spread movement . . . Thrift Week is a national in
slitnlion and the .dmple rules for thrift and success, of out
most distinguished exponent of national and individual thril'l,
lieiijamin Franklin, are coming more and more into popular
practice.
The CaliforniaOregonPowerjCpmpany
grapefruit reaches its highest per-
rectum, equalled only in one other
, part of America.
i This column begun in Tnscon, is
finished on the way to Noi'.ales
i wheru Mexico and the Unit d
States look at each other acrci'j-
: the city's main thorotiahfare.
' It is dry on one side, wet u;.
the other. That is. dry on the
Mexican side. Mexicans being tern
! penile, wet on the I'nited Sf.it es
1 side where prohibition does not
! quite piMliihU.
; Someihing about N'ogales lomor
i row.
If .jf, ifcljft 100 YEARS OF THRIFT
WEEK JANUARY 17 TO 23
the Future
With Safety Where
Be Assured of
COMPOUNDED
O SEMI-ANNUALLY
In This Association
Coupons, which will enable you 1o have a fine set of
Roger's silverware, are niven in conjunction with cur
installment stock
SOUTHERN BUILDING &
LOAN ASSOCIATION
Phone 1224 Hamilton Patton, Mgr. 125 W. Main
A MEMBER OF THE
Guardian Building & Loan Group
Assets in Excess of $6,000,000
3E
In Over G000 Homes in Copcoland May Be Found
Thrifty Investors in Copco Preferred!
SHANGHAI. (Ai Civil war.
h:h tiixes and lack of coirdln ition
have thrown the government nwn
d railroad nf China into debt
more than $"tni,0lil',fti)o, says a re
port fr..m the ministry of roil ways.
With each $1.00 cash pur
chase a 60c ticket to the
Holly Theatre FREE
Alexander's Grocery
You Can
iv.
1-3 ;