FEDERAL RELIEF
Meteorological Report
September 1, 1932.
Forecasts.
Medford and vicinity:. Tonight rod
Friday fair. Not much change In
temperature.
Oregon: Pair tonight and Friday.
Warmer northwest portion Friday.
PLAN LIFTS LOAD
NO QUARTER
"Nature in the Raw" inspired
by the savage ferocity of a death
battle between a vicious tiger and
the bloodthirsty Black Panther
the terror of the Java jungles.
IDLDBUIIDGES
Local Data.
Lowest temperature this morning,
48 degreee.
Governor May Apply for
Noticeable Easing of Situa
tion As Board Gets Busy
On Establishment of New
District Banking System
Temperature a year ago today
Highest, 89: lowest, 51.
Total Sum Needed instate
Or May 0. K. Needs of
Total precipitation since Septem
ber 1, 1932, .00 Inches.
Individual Subdivisions
Tomorrow: Sunrise, 5:97 a.m. Sun-
set, 6:43 p.m.
SALEM, Bvpt. 1. -yp Application!
for loans under the federal emerg
ency relief and construction act may
be submitted under either one of two
courses of procedure, Governor Juliu
I. Meier today adviaed Paul V. Maris
of Corvallis, secretary of the state
wide relief council, in a. letter. The
Information, he said, waa of vital im
portance to all county Judges con
templating federal relief loans.
Under one procedure, the gover
nor's letter stated, the governor may
make application for the total sum
required by the entire state, and dis
tribute the amount received to local
subdivisions on the basis of relative
need. Lo ana obtained In this man
ner are repaid either by deductions
from future federal appropriations
for highways or by other special ar
rangement enetered Into by the state
and the Reconstruction Finance cor
poration. May Okeh Requests.
Under the other plan, the letter
tatod, the governor may approve the
applications and certify to the needs
of the respective political subdivi
sions' of the state and those subdi
visions may thereafter negotiate their
loans direct from the corporation. In
this event, no deductions are made
from the future federal allotments
for nlghvays. The governor favored
this procedure.
The governor said he was advising
the committee following careful study
of the recommendation of the execu
tive committee of the state relief
council as to the method of proced
ure in securing loans. The only ap
plication, that from Klamath county,
has been transmitted already by the
governor.
In commenting further upon the
situation, the governor In his letter
said:
For Direct Action
1 am 5n accord with the reeom
mendat'ton which your committee has
made following a state-wide survey
of conditions in Oregon, namely, that
the counties In need of loans for
direct relief and work relief shall ne
gotiate their loans directly with the
Reconstruction Finance corporation.
The reasons for adopting this policy
are as follows:
"The governor if required to cer
tify that the money now available
or which can be made available by
the state, its political subdivisions
and private contributions are Inade
quate to meet relief needs. This cer
tificate can more readily be made
and substantiated by the counties
' requiring loans than by the state of
Oregon. Approval of applications
submitted by the counties should,
therefore, bo more certain and Im
mediate. Would Stimulate Borrowing . .
"Should the state become the bor
rower and obligate itself to repay
-the loans by authorizing deductions
from future highway allotments . or
by special arrangement, It would be
Observation. Taken at 6 a. m., 120
Meridian Time.
City
If
13
IT
f
s
6 ?
Baker City
Boise
Chicago
Denver
Dee Molne
Eureka
Fresno .
Helena . .
Los Angela!
Marsh field
Dew York
Phoenix
Portland
Reno
Roseburg ..
Salt Lake ....
San Francisco .
Seattle
Spokane
. 86 38
. 74 60
. 94 68 .10
. 70 48
.68 58 .18
. 64 53
. 94 64
. 60 42
. 76 58
. 72 62
. 82 72 T
. 98 68
, 74 60
. 84 48
, 82 56
. 68 60
. 86 63
. 64 64 .01
. 70 68
Clear
Clear
P. Cdy.
Clear
Cloudy
Foggy
Clear
Cloudy
Clear
Clear
Cloudy
Clear
Cloudy
Clear
Cloudy
Cloudy
' Clear
Bain
Cloudy
necesaary for the state to require re
Davment, In turn, from the counties
receiving portions of the state loan.
Failure on the part of the state to
require repayment by the borrowing
counties would operate aa a penalty
on all non-borrowing counties and
would atlmulate maximum borrow
ing by all counties as a means of
self-protection.
"According to th terms of the bill
and to advices received from repre
sentatives of the Reconstruction Fi
nance corporation, the fact that a
county Is undergoing a period of se
vere financial stringency which has
exhausted Its resources and strained
Its credit will not Impair that coun
ty's opportunity to secure a loan. In
fact, such a showing must be made
before the funds are available.
'In transmitting the application
of Klamath county to the Recon
struction Finance corporation, I have
asked for prompt advloe as to
whether this policy would In any
way Impair the chances of the state
of Oregon to obtain full considera
tion of Its needs, or would cause
delay in securing action upon our
requests. If for any reason the oourae
which has been outlined by your
committee and approved by this of
fice later appears Inexpedient, any
necessary adjustments can be made,
.
When needing duplicating sales
books, flat-packs or fan-fold cash
register forms, ledger sheets
for bookkeeping machines or
any other kind of printing,
don't order from out-of-town firms
and pay more. Phone 75 and one of
our representatives will call.
Be correctly corseted
by BTHELWYN B. HOFFMANN'S
Sixth tt Holly streets
WASHINGTON, Sept. 1. (P)
Franklin W. Port, chairman of the
home loan board, said today there
had been a noticeable easing of the
mortgage situation in the face of
developing plans by the board to put
the system's 13 banks In operation.
On the west coast one of these will
be In Portland, and the other in Los
Angeles, with capitalisation of 6,
000,000 for the Oregon Institution,
and 10,000,000 for the southern
bank.
Directors Eyed.
The board was working out ar
rangements today for opening the
capital stock subscription books in
the various districts and was con
sidering appointees for the 13 banks'
directorates.
Fort said the hope that the set
ting up of the system would revive
demand for mortgages as investments
already was materializing.
"Already there has been a relaxa
tion of tension of mortgage money,"
Fort said, adding, however, that there
were "thousands "of cases" of mort
gagors In difficulty."
Open Sales Campaign.
A 9128,000,000 sales campaign, on
whose success will depend the amount
of federal subscription to the new
banks, was begun today by the sys
tem's directing board..
Fort was hopeful the entire fund
the aggregate capital assigned to
the 13 banks In as many districts
will be subscribed by institutions
eligible for membership In the sys
tem. These are building and loan
associations, Insurance companies and
savings banks.
Can Buy Stock.
But if subscriptions fall short, the
reconstruction corporation is author
ised to buy up to 9130,000,000 of the
system's capital stock.
The first step in the aale of stock
will be the opening of books for sub
scriptions to eligible Institutions In
each district. They must remain
open SO days. Original subscriptions
for each of the dozen banks must
equal one per cent of the aggregate
unpaid principal of the subscriber's
home mortgage loans, but not less
than l.fiOQ to each eligible member.
Shares will have a par value of
9100 each. .
Italy
Launches
Latest Cruiser
OBNOA, Italy, Sept. 1. (p
Italy's latest heavy cruiser, the Bol
zano, waa launched here today In
the presence of royalty, government
oinclau and thousands of spectators.
and raw tobaccos
have no place in cigarettes
They are not present in Luckies
...the mildest cigarette
you ever smoked
WE buy the finest, the very finest
tobaccos in all the world but
ihat does not explain why folks
everywhere regard Lucky Strike as
, the mildest cigarette. The fact is, we
never overlook the truth that "Nature
in the Raw is Seldom Mild" so
these fine tobaccos, after proper aging
and mellowing, are then given the
benefit of that Lucky Strike purifying
process, described by the words
"It's toasted". That's why folks in
every city, town and hamlet say that
Luckies are such mild cigarettes.
"It's toasted"
That package of mild Luckies
"If a man write a bttter book, preach a better sermon, or make a better mouse-trap than his neighbor, tho he
build his house in the woods, the world will make a beaten path to his door. "RALPH WALDO EMERSON.
Does not this explain the world-wide acceptance and approval of Lucky Strike?
YOUR BOYS AND GIRLS NEED
QUALITY MEATS IN ORDER TO DO
BETTER WORK AT SCHOOL
SPECIALS
Friday Saturday
Weiners
Bologna
Liver Sausage
lb.
15c
PORK
Spare Ribs, lb 10
Back Bones, 3 lbs lg
Tenderloin, lb 30$
Shoulder Roast, lb 12
PURE LARD
' 3 lbs 27t
Lunch Meats
R. I. Red Hens
R. I. Red Fryers
Fresh Oysters
now in Bulk
LAMB
Shoulder Roast, lb. 12
Breast of Lamb 7
VEAL
Shoulder Roast 12
Breast of Veal 8$
Smoked Meats
Pionlcs, lb. 12$
Bacon Squares, lb lit
Side Baoon, lb n$
Bacon Backs, lb 17
HAMS
Mild Cured
lb. 18c
ECONOMY
Meat and Fish Market
200 E. Main
FREE DELIVERY
Phone 46
, mji jwsjs, ' 1 ' "jr
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SAM JENNINGS, Prop.
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Remember
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(Not Just on Our Cheapest Tires)
o
The Rainy Season
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Old Tires Are Dangerous
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2. Additional Allowance On
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