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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (March 24, 1933)
PAGE FOUR MEDFORD MAIL TRIBUNE, MEDFORD, OREGON, FRIDAY, MARCH 24, 1933. S, EFFECTS OF Li (Contributed) . We ask the co-operation of congress, other public officials and the public In developing an honest unaerstaoo InK of the Home Loan bank system. The publlo la confused and the Issue has not been clearly set forth. The Borne Loan bank system was designed as a permanent system of sound mortgage -discount banks, providing funds to community home-financing Institutions. It was not Intended as a .home-owner's dole at the expense of the taxpayer. A careful reading of the act. of the hearings and de bates In congress and of the public statements which preceded Its enact ment reveals that It was Intended to be a permanent addition to the credit structure of the United states. companion In our financial structure of the Federal Deserve banks ana . our Federal Land banks. The build' Ing and loan associations of the United States supported Its passage and, with othera, were consulted in Its drafting. They have Joined the system where stato lawa permitted, with the understanding that It was a business proposition designed to service American communities through existing Institutions. : There are approximately 18.000 home-financing lnstltutlona In the United States and, of these, 11,000 are building and loan associations, the primary purpose of which Is to furnish funds for tne nuuaing ana acquiring of homes. Building and loan associations have 13,000.000 mem bers of whom 8,000,000 are home owner borrowers. These Institutions, with aggregate . resources exceeding $8,000,000,000 up to the time of the creation of tba ' federal home loan bank system, have had no dependable source of credit for the purpose of expanding their facilities. In times of financial stringency, the demands for the return of Investment funds placed with them have equalled their Income, leaving practically no avail able funds for liome-finsnelng. The oentral Idea In the creation of this jiaw credit system was to nana w- . gether these financial Institutions, of practical lending experience and sound assets Into one great national system, upon which could be built an adequate system of credit for home-financing for all sections of the country. The people of this country suffer lu from the effects of the depres sion have been led to believe that this system would accomplish impos sible things. Unfortunately for the Inauguration of this permsnent sys tem It happened to be started amidst tba throes of a national political caiu nalsn. The plan to refinance sound mortgages temporarily In distress baa bean misunderstood and the thought Is abroad that the United States gov ernment will Immediately take over all distressed mortgages and thereby relieve private oapltsl of Its present .troubles and loss. The emergenoy confronting the nstlon and the home owner should not occupy tha entire attention of the publlo without refer ence to the benefits that would flow from a permanent system any more ' than ahould the emergenoy relief as pects of the temporary reconstruc tion finance corporation banking, supplant the permanent federal re serve system. There are really two pressing prob lems in the boms financing field. One Is taking care of the Individual with a short-term mortgage whloh has been called and the Individual who has good real estate security, who can repay and who merits further funds. The Borne Loan bank system can affectively solve this problem. The second problem Is the property owner who does not have employment and has not been able for many months. If not years, to pay Interest, taxes and Insurance. Further loana will not assist this Individual and most advances made under such con ditions would never be repaid. The Borne Loan bank system cannot deal with this problem. Society and Clubs Edited by Eva Nealon Hamilton Klwunlans Enjoy Festive Party at Talent Hall Opening with a splendid .dinner, prepared by the women of the Tal ent Orange, the meeting held there last evening by Klwanls clubs of Ash land and Medford with the Orangera, was one of the bright spots on the week's social calendar. There were large delegations from each of the three groups present and dinner followed by a program and dancing. Olen Arnsplger of the Med ford club presided as master of cere monies. Representative E. B. Day was the chief speaker of the evening snd wss Introduced by senator George W. Dunn of Ashland Several much appreciated musical numbers were contributed by Ashland and the re mainder of he evening was spent In dancing. In his address Mr. Dsy spoke con vincingly on the sales tax, urging Jackson county people to give it their support. Members of the Medford delega tion attending the party were: Mr, and Mrs. R- O. Fowler, Mr. snd Mrs. Frank Perl. Mr. and Mrs. O. S. Butter- field Mr. and Mrs. Everett Faber, Mr and Mrs. George Carter, J. O. Mann, Max Pelrce, Mr, and Mrs. Osrl Teng- wald Rev. and Mrs. A. G. Bennett, Mr. and Mrs. Olen Arnsplger. Mr. and Mrs. Ted GeBauer. Mr. and Mrs. Fla. vlut West and Mr. and Mrs. W. M. Olemenson. Bay CHy Wedding Interests University Folk SAN FRANCISCO. Mar. S4. (P) Mtsi Maud Button '-ai San Francisco and Frank J. Cobbs of Portlsnd, Ore., wen married In a church wedding here last night. Miss Barbara Sutton, sister of. the bride, sttended her, and another als ter, Mary Louise Sutton, was flower girl Claude Johns of Portland was best msn. A reception followed at the home of the bride's parents, Mr. and Mra. Bfflnpham Sutton. Mr. and Mrs. Cobbs met while at- tend'ng the University of Oregon. They will make their home In Port land. Mrs. Cobbs Is s member of the Junior league. Both Mr. and Mrs Oobba are re- merx'red here among university folk, who knew them on the Oregon campus. Allons Club Enjoys Evening at Bunch Home A? the country borne of Dr. and Mra F. G. Bunch the Allons club wss entertained last evening. Mrs. Bunch and Mrs. Belva- Aiken acting as hostesses.' There were three tables of bridge In play In a setting refresh ingly springlike with green and yel low forming tha color scheme, and great bouquets of daffodils placed about the rooms. . . t"r)s at bridge were awarded Mrs. Warren Butler, Mrs. O. O. Humph reys, Mrs. Wslter -Olmsoheld and Mrs. S. J. Feldman. Eagles and Ladles To Gather Here. A large delegation of Klamath Falls Eagles and Ladles' Auxiliary Is ex pected for lodge Friday night, to meet with tha local aerie. The oc casion Is to celebrste the pssslng of the old age pension bill In Oregon. Tne Klamath Falls aerie will con duct the meeting and furnish the entertainment. The local aerie will furnish supper. Lutheran Ladles Plan Food Sales. The Lutheran ladles are sponsor ing a food sale tomorrow at the Re liable Grocery. The committee com pleting plans for the sffslr Is com posed of Mrs. M. O. Paulson, Mrs. M. Westvong, Mrs.' Hicks and Mrs. Clark. I Program Announced for Apollo's Eecltal Tonight Sebastian Apollo, local organist and pianist, will play In lecltat at Grants pass this evening, ssslsted by James Stevens, soloist. The following pro gram has been announced by Mr. Apolic. for the musical evening: Transcription Travlata. Impromptu Chopin. Rachmaninoff's Prelude. Toocata's Paradise. "Rondo Caprlcloso" Mendelssohn. "Tarrsntella" fPlzeonks. Music Box. Gypsy Air Sarraaatc. Second Hungarian Rhapsodl. Between the groups, Mr. Stevens will entertain with some of his spirit ed tongs. The local artists will ap. pear at the Grants tsas library audi torlum, the program beginning at 7:48 o'clock. Chllders Entertain' Honoring Hon. JACKSONVILLEMr. and Mrs. W. A. Chllders entertained with a party Tuesday evening In honor of their son, Clifton, on his 30th birthday. The evening was spent playing gsmes, following which refreshments of Ice cream and cake were served by the hostess. Guests present were BUI Lewis, snd, Lola straube and Maurice Byrnes of 'Applegate district, Lucille and Verll Stearns Miss Manning of Medford, Misses Frances and Grade Wakefield, Marlon Vogle, Valeria Wln nlngham, Ivan Goodman, Theron Babb, Anna Smith and Ernest and Violet Olson. Forma Dancing Club Announces Spring Event Thi Formal Dano.ng club will en tertain with a aprlng party, the first to grace the month of March, next Friday, one week from tonight, at the Knights of Pythias hall. New prlcos are announced to club mem bers by the committee and dancing will begin at 10 o'clock, with music by Whipple's orchestra. The committee for the dance Is composed of Miss Fem Hutchison, Mrs O. Resse Braley,. Mrs. H. 8. Deuel. Mrs. Jack Porter snd Mrs. Ed win Durno. ' ' Daughters of Nile Benefit Tuesday Bringing promise of a very plessant afternoon at cards, a benefit party bas been announced by Daughtera of the Nile for next Tuesday at the Masonic temple. Pivot .auction and contract bridge will be played and cards will be followed by tea. Mrs. A. E. Peasley beads the com mittee for the party and is being ss slsted In plans by Mrs, Reese Chap man, Mrs. W. B. Rltson and Mrs. Jack Porter. Golfing Promises Jolly Sunday for Many Folk . The Rogue Valley Golf course will be the gathering plaoe Sunday of many local society lolk, all eyes be ing turned 'greenward" today In an ticipation of the two-ball foursome. The feminine ranks promise to show the roaeoullne golfers some mighty fine shots and have deserted bridge tables and other social activ ities to make their promise good. Blacks Return to River Place from Bay City Mr. and Mrs. 0. N. Black are being welcomed back to southern Oregon this week, having arrived from San Francisco to spend the spring and summer . at their lodge on Rogue river which Is the scene of mucb gslety each summer. Mis Roberts Returns To Medford: Sunday Miss Dorothy Roberta, daughter of Mr. and Mrs. O. M. Roberts, who is spending the spring holiday with her sister. Miss Mary Lee Roberts at Mills college, will return nere Sunday for a brief visit with her parents before continuing to Eugene to resume her stud es at the University of Oregon. Her sister will spend the Easter va cation as guest of friends at Carmel. Mrs. Hutchison Hostess to Club Mrs. O. I. Hutohlson wss hostess yesterday at ber borne on West Main street to the Thursday Bridge club. The ususl pleasant afternoon at cards was enjoyed. TO NEW YORK, March 34. (AP) An drew Mellon, retiring United States ambassador to the court of St. James, returned on tfta Leviathan today, cel ebrating bis 78th birthday. He declined, to discuss any "Impor tant question" because, he said, "I am out of responsibility of It." Nor would he talk as a private cltl zen. ! haven't gotten used to being a private citizen yet," he aatd. IN HILL REGIONS HOOVER CALLER CARRIES PISTOL PALO ALTO, Cal., March 34. (AP) Former President . Herbert Hoover today ssked police to disregard ss far as possible the visit to his boms of a man with a loaded revolver, but authorltlea still kept an eye on the man, William Campoglanl Co, form er wrestler. Caaipogianl, according to the guard who stopped him before be entered the Hoover property, offered to check the gun with him. during bis pro posed visit with the former execu tive, and ran away while the guard was telephoning for police. JAPANESE ENVOY NEW YORK, March 34. (AP) Vo- auke Matsuoka. head of the Japanese delegation to the League of Nations, arrived In America with five fenow delegates today, and asserted that Japan was "not appealing to anyone, for It Is not a vassal state to America or any other nation." He also suggested that Japanese- American feeling might be Improved If the United States would withdraw Its fleet from the Pacific ocean. He said he did not know whether or not Japan Intended to withdraw from the League of Nations. . Cleaning Special Suits ..; . 75c Dresses . . . 75c up Free Delivery Phone 474 City Cleaning & Dyeing Co. 624 No. Riverside YREKA, KLAMATH Sunday morning at 10 oVslock will see the Medford, Yreka and Klamath Fall rifle teams shoot It out for the southern Oregon-northern California Indoor champlonahlp. Each team will have seven men shooting, the five high scores to count for record. Yiera bas a slight edge with a seven-man team, while Klamath Is out to avenge their defeat by Med ford earlier In the season. The Med ford gunners, however, after four mon'ha of practlcs, are determined to keep their record clean, with no de feats In the last two years. Firing will begin about 10 o"clock and continue Into the afternoon, with an Intermission at noon for lunch. Those Interested In the event are Invited to attend. Tne rifle range It In bh Armor basement. . Last week's practice scores were: C. R Pomeroy sfl C. R. WhmnnH lllft,M ggg ! O. A. eander 8M ' E. H. Pomeroy 848 i Ed Lull , ,- 848 H. E. Rlnabarger 347 Allan Perry M - a.ia Fivd Gander .......... R. L. Edwards.. I. C Daley Lew Conger . R. Devore -. Ivan K. Waddell R. Payne H. Brown Elmer Olsen Norman XeMaster . In from Phoenix . 828 . 330 , 318 , S10 , 808 , 9M , 3R3 . 380 , 3S , 147 Shoppers In Mclford today from the Phoenix dis trict ne.-e Mrs. D, W, Dickey snd Mrs. Otto Caster. , k V a.a.--e.'r. v . x . jiurui GRUNOW'S GENIUS Brings the FIRST REFRRIGERATION ADVANCEMENT The Orunow Electrlo Refrigerator la the crowning! achievement of William O. Orunow, gonitis of manu facturing, who waa responsible for producing the finest radio set ever known, at a price every American home could afford to pay. The Orunow Is Ilka no other refrigerator... Because, In tha Orunow alone Is combined outside beauty, inside roominess, efficiency In performance heretofore unheard of, silence In operation, and economy In the use of electrlo current never before achieved. The Orunow Refrigerator, alone, usea for the first time In household refrigeration, a refrig erant you can see, hold In your hand and smell, without danger or Inconvenience. For ten yeara this refrigerant has been used successfully and efficiently, In the highest types of com mercial Installations, such ss the United States capltol at Washington, Chicago Stadium, and on fine passenger ships, where absolute safety to human life la a prime requisite. Orunow'e genius made It possible to use this same safe refrigerant In household refrigerators. With It there Is no possibility of high pressures, dangerous escaping rsms, and outright bursting of equipment, not to mention the Inconvenience snd spoilage of food and furnishings THERE'S NOTHING LIKE IT THE NEW GRUNOW VACUUM PRINCIPLE SUPER SAFE NO PRESSURE Here they are In Medford all three models, ready for your Inspection. They have a new, beautiful finish, new unique design, new simple power unit and best of all, a Safe Refrigerant. Prices are under all competition. Palmer Music & Electric Store E. Main and Bartlett Phone 788 Aj spring advances and creeks are running full In hill regions of south- era Oregon, mining activities are on the Increase, is the report today, man more men picking up a slab of bacon, a sack of flour and taking to regions where some sort of a living can b gained from the ground itself. tfolng for the most part very crude devkts. the art of mining being a new one to most of them, they are not making what they should, but are getting by without county aid. Up Big Applegate, Little Applegate, Forest creek. Coleman creek and An dersen creek, they are going, and In all cases the Instruction planned by the mining school to' be carried on here by O. D. Adams state director of vocational education, will bring in creased receipts In gold, it la believed by rcen who have mined. Broken picks, shovels and other di lapidated equipment, if any, is to be seen In all the camps, where Indi vidual undertakings are noted. The miners are cleaning up 25 cents one day, a dollar the next, and on up ward. Mining association men stated, many times losing as much gold as they save, through lack of knowl edge In recovery methods. Over 60 per cent of the miners, a survey show, are not skilled In mining proc esses When federal aid Is brought them, statistics gained from other re gion where schools are conducted dhow, their incomes will be greatly Increased. Registrations for the school are be ing received at the Chamber of Com merce and figures released from Den ver, Colo., where eight groups of 30 to 4J men In each, are taught dally, show that of 699 men trained to mine, all but 19 succeeded in the new nard-times profession. Only 19 returned to Denver for unemployment aid fter receiving Instruction In mining. In eeveral western states, the Min ing Journal states, "the local cham ber of commerce has organized classes numbering from 200 to 300 members each Reports from the secretaries of these chambers of commerce state that In no case has a man failed to make a living." DORIS YARNS Mad from loft, elect cotton in 18 looly colon. Including black and white. Died temively for mektntf deep plli rugi, plllowi, toya. bath room acta. etc. Wrlta for free color caraa. E TO RAISE FUNDS FOR LOCAL TEAM First steps toward revival of Med ford's baseball club are under way with a dance scheduled for a week from today at the armory to raise money for equipment. The dance will follow several rounds of boxing to be provided by young battlers of local renown. George Sowers, who has had long experience In semi-pro baseball, has volunteered to pilot the revived team. If all agree, after a few practice turnouts have been staged and some idea has been gained of the scope of talent available for the year. Sowers says there Is a wealth of young material in Medford which can be developed for some good base ball if properly handled. Among the well-known athletes, most of them graduates of Medford high school, who Sowers haa in mind are Virgil Swan- son, Tule Williams, Jack Hughes, Ivan Harrington, Luke Lang, Malcolm Stine. the Dunn brothers and Olson, Lewis and several newcomers who have had experience. Workouts are being held daily at the Junior high school, when weather permits and Sowers invites, all who cherish ambition for a regular berth on the team to show up, chase a few files, and give the old eye a taste of batting practice. The benefit boxing card and dance March 31 will be the opening gun in the campaign to put Medford on the baseball map, according to Sowers, and other stunts will be staged to get the team started off with good equipment and a few cents over for traveling expenses, if needed. Backing of Medford merchants will be solicited In getting the club started and It Is probable that the team will again assume the name "Medford Merchants." Verna L. Griffin Passes Suddenly Miss Verna L. Griffin, resident of Medford for many years, died this afternoon at the Sacred Heart hos pital of .heart trouble. She had been ill for some time. A complete obit uary and funeral notice from the Conger parlors will be published Sunday. CMd In SINGER. CRAFT WORK RIDER-OSBOHKB-DKVIKEtliie. . E. Cor. Broad St. and Alleghany Ave. Dept. A-48 Philadelphia. Pa. Ringlette Permanent Wave . . (f yon get It here It must be good. 1033 prices TUCKlvH'S BEAUTY SOI.ONB Thursday evening. Vie outgoing of ficers of the local DeMolay chapter entertained with a smoker for mem bers and their friends, with about one hundred In attendance. Roger Headlee presided as master of ceremonies. 'and wrestling and box ing were Included on the evenrng's ca: 1. wrestling matches were put on by Knox and Prenttas, Woods and 3a llnsky, and Oilman and Prentiss. Those boxing were Gaddla and Cow gill, Kununan and, Luman, Santo and Prentiss Bnd Harrington and Latham. All were considered draws but the latter, which waa awarded Harring ton. Hot dogs and coffee were "taken for a fall" by the boys at the close of the matches. BUCK OFFERS NEW . THRILLS AT ROXY Buck Jones, he-man of the great open spsces comes to the Roxy the ater tomorrow In another western thriller, "Hello Trouble." Buck plays the role of a Texas ranger and a high wayman In this tale of old Arizona. biu:emi.:h:Hhib By Action of Its Board of Directors March 23, 1933 The Southern Building d Loan Association on Mil is taking all possible steps for immediate membership in the i Federal Home Loan Bank of Portland HAMILTON PATTON, Secretary 125 West Main St Hotel Holland Bldg. Tel. 800 Ask for S.&H. Stamps M. M. Dept. Store w . I jj j SPRING i 1 Pay u FOOTWEAR MX Dress These shoes are In the new lasts . . Better ,' for aprlnc made of such pop- Hv f ular leathers as pig skin, black SHOES FOB SPRING Here are real spring shoe Tal urt. Choow.from these color ing : Spring blue, dull blark, gray, beige, white and many pleaalng color combinations. Moderately priced for uch smartness and quality all ma terials of course! $3.45 $3.95 $4.45 These shoes are In the new lasts for spring made of such pop ular leathers as pig skin, black kid, brown kid. gray kid. beige kid and genuine water snake. . . . Oxfords, straps and pumps In all widths. $2.95 $3.45 $3.95 $4.95 MAIN FLOOR Smart Women will be quick to realize the fashion importance of these items SALE OF DRESSES In this lot 100 charming dresses styles which spell Individuality with a . capital 11 Take your choice of rich fabrics flattering; styles newest . sleeve creations . . . QUALITY dresses for fair at this remarkable price $3.00 SIZES 14 TO 44 COATS ON SALE Here are coats that are downright clever . . . new sleeves, smart lines, new materials, the last minute shades, exquisite linings. A fine se lection at bargain prices $4.98 $8.90 $12.45 Basement Sale! One Lot of Women's & Children's Shoes $l-oo m f t -Ik sLfeqb M M. M. Department Store
