3tfET)F0RD MAIL TRTBTJXE, rEDFORD, OREGON. TUESDAY. NOVEMBER 7, 1933.
PAOE SEVEN
You Cant Afford to Miss the Buying Opportunities Listed Here
Why
Not
Try a
Want -Ad?
WAN! to tell your nomo? Want
CO get rid 01 tew odds ano
ends la Household lumiaMngiV
Oo you Deed tools (or fotu gar
lent . . An inexpensive Want-AO
tn the Mall rrtbune Classified
page will find the answer cc
these and man; other perplexing
orobleme.
H re Are the Rates:
per word first insertion K
(Minimum 35ol
SMb additional Insertion,
per word
-lc
Minimum 10c)
pr line per month, without
oopy changes 1-36
75
Phona
LOST AND FOUND
LOST White bag containing laun
dry and miscellaneous. Please re
turn to Mall Tribune.
fj-ifiT it do missing call '616
WANTED MALE AND FEMALE HELP
WANT 5 young men and women at
once. New firm locating here. Ap
ply Mr. Berry, Hotel Medford.
' WANTED Two houae-to-house soli
citors. Call etween 5 and 6 p. m
at Riverside Apts. Apt. 18.
WASTED MALE HELP
VOCATIONAL SALESMAN
rtrt mtiunn dollar Institution with
national backing of largest radio
manufacturers has opening .or
selected man with car for southern
n,r, Northern oallf. territory.
Present men averaging 75.-.00
weekly. Men who haa euccessfully
sold services or intanglblea and are
permanent connection
should write giving complete de
tail. r?ardlnsr tnemseives nu
names of three references to V. O.
M., Box 859, Tribune.
WANTED SITUATION
m.wwn Anv kind of work hy re
sponsible man. Good reference. Box
820, lTioune.
WANTED Position by young lady
experienced aa typist and familiar
with general office work, oooa rei-
erences. rnwt w-a. -
MAN with large family must have
work. Box 1213. Tribune.
WOMAN. 25, wlah.ee position aa cook
or assistant in restaurant or hotel
Good worker. Will work for leas at
start. Phone 75 or write Box 313
Tribune.
GIRL, experienced in general house
work, desires position with good
family. Excellent references. Ad
dress Box KF. Mall Tribune.
TV ANTED MISCELLANEOUS
WANTED To keep good team horses
for board. Good feed. Adolf Schulz,
Beagle, Ore.
miwpim . vfun'A aav hair, high
back; leather preferred. Tel. 744-X.
WANTED Popular music lovers to
investigate this new quick method
of learning fascinating brilliant
breaks and trick harmony to make
nlano lazz beautiful. Phone Claire
Hawley, 1044-X, for information,
WANTED 5 good test, milk CO'
Amos Ayres, Trail. Oregon.
WANTED Raw Mrs- Prices advanced
9Hol tA n$.. It will pay you
to trap.' New and used traps for
sale. Medford Bargain House, Med
ford, Oregon. 27 norm umpo a.
Phono 1062.
WANTED Farm to rent. 10 acres or
more with plow land, alfalfa, pas
ture, familv orchard, all or part
watered and buildings. Cash deal.
Must be reasonable. Address details
to 77 Manzanlta St., ami i ana.
WANTED To buv equity in one or
one & ,-ton truck. Will continue
payments to finance company. Box
841, Tribune.
WANTED Children to care for by
hour, day or week. In my home.
Bt rj.r: reasonable rates. Tel.
1368-X.
wWTtm haul vour wood to
town for share of same. Box 1190,
Tribune.
WANTED Light 3-wh'eel trailer
Must be cheap. Box 1191. Tribune.
WANTED Electric radio. Must be
reasonable. Box 368. Tribune.
WANTED If you have an Underwood
or Roval typewriter, in flrst-clam
condition, you are not using ana
-want to rent to high school stu
dent, or want to sell same, address
J. D Mall Tribune.
WILL care for elderly sick people in
my home. Phone 437-X.
WANTED Household goods, stoves
tools or what have you Medford
Bargain House, 27 N. Orape St. Tel
1092.
JUNE. WANTED
We pay cash for JUNK. BATTERIEW
RAOIAIOBS ALUMINUM
BRASS. COPPER Junl Of J
descriDtlons
MEDFORD BARGAIN HOUSE
27 No Orape 11 IM8
FOR RF.NT I101SES
POP pent 1-room house with toil
vtr paid, partly furnished, i
Ca;; 224-M.
fXjH hvmt vwm hnur. nlce'.y
lurnished, on So. Riverside. Will
rent only to responsible party nir-
bsce. Inquire Farmers A; Frutt
?TOwers Bank.
RENT 4 room house wi'-h fur
nace. Eat Main St. Inquire Farm
: it Fruitgrowers Bank.
FOR BEST- HOUSES
FOR RENT Large house at 410 New
town 8t. T. A. Flier, 106 Cottafie St.
FOR RENT Residence t 60S S. Oak-
dale. Tel. O. V. Myers, 238-J.
FOR RENT Modern 5-room
39 Myera street.
FOR RENT If Interested In a nice
modern 5-room unfurnished bunga
low with neatrola, electric water
heater. In tip-top oondltlon, at fair
rent to parties without email chil
dren, look at 718 W. 11th and In
quire next door.
ONE & ONE HALF story house 1124 W.
Main. 4 bedrooma, furnace, excel
lent condition, reasonable rent to
desirable tenant. 1st Insurance
Agency. H. H. Brown, phone 105, af
ter 61670.
FOR RENT 5 room modern house,
,2000 furnished. $15 00 unfurnish
ed. Kevs at 218 Apple.
FOR RENT
311 Elng.
32 N. Peach.
1025 w. ett.
435 N. Central. ,
847 E. 9th.
818 Newtown.
1st Insurance Agency. H. H. Brown,
phone 105, after 5 1670.
REMODELING 24 Washington, avail
able 15th Nov. let Insurance Agen
cy. H. H. Brown, phone 105, alter 5
1670.
FURNISHED 4-room house, 8100;
also 5-room furnished house, 818.00.
Phone 1382-J.
FOR RENT Modern 6-room house,
close In. Inquire 20 So. Fir.
FOR RENT 7- room bouse, 413 So
Oakdale. Phone 750-Y.
HOMES FOR RENT Call 688.
FOI RENT
unfurnished.
Homes, fumlabed or
Brown ft White
HOUSES H0. 812 60 and 616. water
paid: wood range Phone 106.
FOR RENT
bedrooma. -7-room modern home, 3
C. A. DeVoe. 623-J-2.
FOR RENT New modem 4-room
house, with basement. Redden 8c
Co.
FOR RENT APARTMENTS
FOR RENT Furnished apartment.
Water, light, garage. 221 North Hol
ly St. .
FOR RENT Apta. 63fi No. Riverside
FOR RENT 4-room duplex apart
ment, electric refrigerator and
range, breakfast nook. rurnace
otherwise unfurnished Phone 442
or call W A. Gates at Groceteria.
FOR RENT ROOM AND BOARD
FOR RENT Room, board 153 N. Oak
dale. BOARD AND ROOM at 716
Rates very moderate.
FOR RENT FURNISHED ROOMS
DESIRABLE ROOM Separate ent
rance: heat, 320 No. Oakdale.
ATTRACTIVE rooms. 404 8- Grape.
FOR RENT MISCELLANEOUS
RANCH FOR RENT 80 acrea. about
40 acres summer fallow, for grain
4 Palm Block. Phone 17. or 1104-L
after 5 p. m.
FOR EXCHANGE
WANTED To trado used car
wood. Inquire 38 N. Riverside.
FOR SALE 3 good milch cows or
will trade for grain or poultry.
Mrs. Tucker, Ross uane.
TRADE 2 story business building,
two store rooms, now rented for
Copco stock. Box L. L., Tribune.
EXCHANGE sewing for what have
you. Mrs. Christine Dlnsmore, 117
No. Peach.
TRADE Canyonvllle pool hall for
Hxht closed car. Call Rogue River
Pool HalL Rogue River, Ore.
FOR SALE 160 acres timber land. 35
miles from Ashland; 2,300.000 feet
a&gorted timber: will exchange: any
otfer considered. 812 Merchants
Exchange Bldg., San Francisco, Cal.
FOR SALE OR TRADE White electric
sewing machine for light sedan
Box 638, Tribune.
FOR EXCHANGE REAL ESTATE
TRADE 6-room house In Grants Pas
for Medfgord property. 910 East
E St.
FOR SALE OR TRADE 70 A. im
proved. 10 A. slfalfa, close In. Bar
gain. Phone 717-Y.
EXCHANGE 6-rooin modern house
on half acre of good truck garden
land, just east of Portland city lim
its, close to through paved high
way. Exchange equity for Medford
or acreage. Inquire 1ft N Fir.
FOR SALE REAL ESTATE
7 ACRES close in, 5 room house.
Besll Lane. 1st Insurance Agency.
H. H. Brown, phone 105, after 5
1670.
FOR SALE 3 lots Siskiyou Heights.
cor. Main and tiigmana urive
Price $800. Address Mrs. Anna
Weinberg. Ocean Beach, Cal.
WHEN you think of real estate, think
of Brown A White.
FOR SALE HOMES
SUBURBAN BARGAIN
0-room nome, running
$1400
water: could be put into
.Mii.nt mnrtltlon at
small cost: barn, garage, 1 acrea ot
land under Irrigation; only 1 mile
south oj Medford on Main Paclllc
HUhway. Some terms. See Cbarlea
A "wing Agency, Inc., 109 E. Mam.
FOR SALE SACRIFICE 8-room
mc.ern house, a lota, double gar
age In good residential district.
Cash or terms. May Forslln, Cen
tral Point, Ore.
HOMB near school Phone 1233-w.
I OR MI.E I'"' -tTRV
(rii.r Toms and hens. Texas
strain. Tucser. 262-R-J. Oid Btafe
PUUETS lor aaTel. 3l-X.
rTrrFTretionally fine Ni'e.
f.nett hens ar.d grtblers. P.lon.
J-sTj-l or call W r Gregory
ranch. Cr.ler L!"'
taeea Medlo.-d aid Eat P0"
fOR SALE AUTOMOBILES
Used Cars
No Cash Down
Xf your old car covers down payment,
60-Day Written Guarantee.
Low Priors.
1P31 Chrysler 8 Conv. Coupe.
1931 Chev. 3-door Sedan.
1928 Dodge (Sedan.
1932 Terraplane Coups.
1931 Chev. R. 5. Coupe. ,
1029 Ford 2 -door Sedan.
1929 Chrysler R. S. Coupt.
1930 Bulck Spt. coupe.
1929 Ford Model A Delivery.
Also several older cars to choose
from
ARMSTRONG MOTORS, INO.
38 N. Riverside.
FOR SALE Chevrolet 6 truck 8
wheeler. New tires, 9250.00 cash. J.
D. Brown, Crater Lake Highway,
across from Big Oak Service Sta.
FOR SALE Graham sedsn, the Blue
Streak. 1932, perfect condition.
equipped with Phllco radio. Owner,
Victor Tesaltore, Eagle Point, Ore
gon, pnone 34-x-io, Eagle point.
Credit
Tour car overhauled, repaired, tires,
etc., on Easy Payment Plan. Low
Finance Rates.
ARMSTRONG MOTORS, TXO.
36 N. Riverside.
FOR SALE LIVESTOCK
FOR SALE 10 head of stock cattle;
heifers and calves. A. Hoffman,
Butte Falls.
GOOD family cow cheap. A. L. Leh
man, Rt. 1. Box 206.
FOR SALE Four brood sows; will
farrow soon. Boh Al worth, Trail
Ore.
FOR SALE Have few choice milk
goats, few fat heifers, few fat sheep.
"young." Box 26 Applegate. Ore,
FOR SALE 1 pair good grade silver
foxes. Price reasonable. Geo. Thomp
son. R. 1, Box 113-A. Ashland.
FOR SALE MUSICAL INSTHUMKMI
Cline Piano Co.
Closing Out Sale.
Tiny Studio Upright, regular 325.
close out price. 159.00; pay $5.00
per month.
Baby Grand, slightly used for bal
ance due, $277; easy terms.
Many others. Hurry 1 Only a few
days left.
Free Delivery.
OLINE PIANO CO.
Main and Riverside.
FOR SALE MISCELLANEOUS
FOR SALE Stock beets.
Glover, Ross Lane.
FOR SALE Big Blue Club seed wheat
from 1933 largest yield. Feed oats
and hay of all kinds. Victor Bur
sell, Phone 355-J-3.
JONATHAN and DELICIOUS apples,
40c box. orchard run, at ranch.
Bring containers, English walnuts
12'c lb. L. H. Hughes, 3 miles
east of Phoenix.
FOR SALE 20 tons alfalfa and grain
hay. Box 832, care Mall Trio une,
APPLES for sale Selected Newtowns,
25 and 50c a lug at ranch; delivered
10c more: box not Included. Roxy
Ann Orchard, Coker Butte Road.
Phone 591-R-3.
FOR SALE Hubbard squash M per
hundred delivered Medford, Central
Point. Ton Iota cheaper. Phone
1368-X.
rOR SALE 3-plat Marlon electric
range in good condition, fis.oo,
Phone 790-L.
O. V. MYERS for apples. Several va
rieties and grades, reasonable prices.
Tel. 258-J. On old Pacific Highway.
Va mile no. Junction.
CIRCULATING heater, like new. 410
FOR SAL13 6-hole wood range and
4 -hole wood stove. 30 So. Fir.
FOR SALE Established vending ma
chine route Southern Ore. towns.
Peylng business for cash only. Box
804, Tribune.
FOR SAI.E Dry fir and hardwood.
Dalton Bros., Pbon. &23-R-1.
FOR SALE One 8-It. McCray electric
remgerator case, complete, eoa so.
Rlveralde.
FOR SALE Hay, wheat, barley and
corn. o. A. DeVoe, Tel 623-J-3.
FOR SALE Hungarian .etch seed
Phone 623-J-i.
FOR SALE Apple wood, ,1.60 a tier.
Rogue Hirer Co. Phone 1366.
FOR SALE Used sewing machines, all
m a k e a: terms it desired. AU
makea rented and repaired. White
Sewing Machine Co.. 94 N. Bartlett
POH aandT gravel, sediment, fertilizer
and teaming. Phon. 812-J.
MISCr.LLANKOlS
RADIO BBPAIRINO Holly Radio
service. 903 no. Holly, pnone 1243.
X BUY sold and loan money.
Jennings, corner Front and
Cecil
Main.
Authorized Frixidalre Seme, other
makes rep. Tel. 427; Bight 906-Y
BUSINESS OPFORTUNIITIES
FOR SALE Interest in gold mine
Partner wanted with some cash to
operate. Big pay u&oOTered. Bos 08.
Phoenix. Oregon.
BUSINESS DIRECTORY
Abstract a.
MURRAY ABSTRACT CO. Abstract
ol Title. Title Insurance. Rooms 8
and 6, No. 83 North Central Are
upatalr.
JACKSON CO.
ABSTRACT CO.
Abatract of Titl, and
Title Insurance. The
only complete Title
System In Jackson
County.
Job Printing.
MAIL TRIBUNE JOB DEPARTMENT
Beat equipped plant In aoutb.rn
Oregon Printing of all kinds; book
binding; loose .leM ledgers, and
bisnki billing tystema. duplicating
cash sale. s::p, and everything m
the printing Une. 38-30 N. Or?.
PboM 78,
BUSINESS DIRECTOR?
EADS TRANSFER STORAGE) CO.
Office 1016 No- Central. Phone 9lo
Prices right. Service guaranteed.
RF INKING TRUCKING CO. Trans
fer and storage. We haul anything
at a reasonable price. Ill No. Fix
Street. Phone 332.
HAWLETf TRANSFER Expert pack
ers and movers Special lives toes
moving equipment Prices right
619 North Riverside. Phone 104-X
Expert Wlnovw Cleaners.
LET GEORGE DO IT Tel. 1173
House cleaning Floo.- Waxing ori
ental Rug Cleaning, specialty.
Money to Lend.
WE LEND MONEY ON FURNITURE
AND LATE MODEL AUTOS
Three per oent per month oo un
paid balance No other charges See
W. E Thomas. 4fi South Central,
ground floor Craterian Theater
Bldg. State License No. 8-157.
Fire Extinguishers.
PYR - FYTER" Fire Extinguishers.
Automatic fire alarms, recharging.
Inspecting. V. A. Bower. 327 No
Oakdale.
Pointing and ra per banging.
M. A BLISS Painting and paper
banging. Tel. 648-W 313 8 Grape
PERSONAL,
GIFTED CLAIRVOYANT and Palmist
Truthful advice on business, love,
marriage. Rainbow Auto Camp
cabin 3.
LUUA.L NOTICES
No. 13771
Treasury Depart meat
Office of Comptroller of the Currency
Washington. D C. September U. 193S
- Whereas, by satisfactory evidence
presented to the undersigned. It baa
been made to appear that "Medford
National Bank," in the City ol Med
ford. in the County of Jackson and
State of Oregon, has complied with
ali the provisions of the Statute ol
the united states requires to do
complied with before an association
shall be authorized to commence the
ouslness of Banking;
Now. tneroiore. i. J w. i u uonnor.
Comptroller of the Currency, do here
by certify that "Medford Nation1!!
Bank," in the City ol Medford. in the
County of Jackson and State of Ore
gon, is authorized to commence the
business of Banking as proviaea in
Section Fifty-one Hundred and Sixty
nine of the Revised Statutes ox wis
Un.ted States.
In testimony whereof, witness my
hand and sea) of office this eleventh
day of September. 1933.
(seat oi cne comptroller oi tne cur
rency. Treasury Department.)
(Signed) J. F. I. O'CONNOR.
Reorganization Notice.
Medford Nations Bank.
Medford National Bank located at
Medford in the State of Oregon re
ceived charter No. 13771 dated Sep
tember llr 1938. -and commenced bus
iness September 2, 1933. The new
bank ts a continuation of the old
bank excepting that It ts organized
under the Banking Act of 1933, and
has an entirely, new Capital of $100.
000.00. Dated Sept. 20, 1933.
GEO. T. FRET, Cashier.
Liquidation Notice.
The Medfrod National Bank located
at Medford in the State of Oregon is
closing Its affairs. All note-bolder
and other creditors are hereby noti
fied to present the notes and other
claims against the association for
payment.
Dated Sept. 20, 1933.
GEO. T. FREY. Cashier,
Notice to Creditors.
Notice is hereby given that I have
Mail Tribune Daily
ACROSS
1. Aeriform fluid
4. lsrve network
I. Condiment
12. Kind of parrot
11. Ood of war
14. Arabian
chieftain
1LC. Political party
18. Six
3!.. Work at
20. Employees
2L Fold over and
Btitch
12. Score at
pinochle
24. Pronoun
25. Contcntfd
murmur
2. KdRed tool
27. River buttora
24. ftetalns
29. Note of the
seals
11. BruhunlaBtlo
devotes:
slang
12. Large recep
tacle
It. Whirlwind off
the Faros
Islsnda
14, Live cool
6. That which a .
ruminant
ehewa
17. American
novelist
U. Electrified
parti cU
Solution of Yesterday's Puule
Alfij I SPC7oIWDgaoATS
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OSLO E DA N.j TIME
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Depiction of
th beautiful
40. Stserlrifr
innarallli
41. Indrflnlta
amount
42. Employment
4. Burrowed
44. Again: prefix
45. Ghost
49. 8?a t a gits
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paragraph
S2. Month
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11 i ------ im I 1 1 1 j II i dttti ,,, ,, ....
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1
r sa if H!l
been appointed by the Counrv Court
of Jackson County. Oregon, Executrix
of the estate of William J. Carpenter,
deceased, and have qualified. All per
sons having claim against ssld estate
are nererjy notified to present mem,
with proper vouchers, and duly vert
fled, to me at the office of Harry C
Skyrman, attorney for ssld estste, ai
Room 40 Medford Center Building.
in Medford. Oregon, within six months
from the date of this notice. Dated
and firm published October 24th, 1933.
EVE ZOE CARPENTER, Executrix.
Notice to Creditors.
In the County Court of the State o!
Oregon in and for Jackson County.
In the Matter of the Estate of Emma
L. Ml near, Deceased.
Notice Is hereby given to all per
sons who ha a claims against the es
tate of Emma L. Mlnear, deceased, to
present said claims properly verified
to the undersigned, Alton Anderson,
at the office of Boggs and Bengtson,
attorneys. 126 East Main Street, Med
ford, Oregon, within six (8) months
from the date of the first publication
of this notice, which date is the 10th
day of October. 1933.
ALTON ANDERSON.
Administrator with Will annexed
BOGOS b BENGTSON, Attorneys.
Notice of Sheriff's Sale.
By virtue of an execution on fore
closure duly Issued out oi and under
the aeal of the Circuit Court of the
Stat of Oregon, in and for the Coun
ty of Jackson, to me directed and
dated on the 26th day of October,
1933, in a certain action therein,
wherein The United States National
Bank of Eugene, as Plaintiff, recov
ered decree against Ira A. Baker and
Effle D. Baker, husband and wife, the
defendants, for the sum of Three
Thousand and no-100 (43000.00) Dol
lars, with interest thereon at the rate
of six per cent per annum from the
31st day of April, 1932, with casta
and disbursements taxed at $12. 85,
and the further sum of $150.00, as
attorney's fees, which decree waa en
rolled and docketed In the Clerk's
office of said Court In said County
on the 25th day of October, 1933.
Notice la hereby given that, pur
suant to the terms of the said exe
cution, I will on the 2nd day of De
cember. 1933, at 10:00 o clock a. m.,
at the front door of the Courthouse
in the City of Medford, in Jackson
County. Oregon, offer for sale and
will sell at public auction for cash
to the highest bidder, to satisfy said
Judgment, together with the costs of
this sale, subject to redemption
provided by law, all of the right,
title and Interest that the aald de
fendants, Ira A. Baker and Effle D,
Baker, husband and wife, had on the
31st day of October, 1931, or now have
m and to the follow trio described
property, situated In the County of
Jackson, State of Oregon, to-wit:
commence at the southwest Cor
ner of the Northwest Quarter of
the Northeast Quarter of Section
36 in Township 37 South of Range
3 West of the Willamette Meridian,
and running thence East along the
Public Highway 702 feet; thence
North 665 feet and 3 Inches; thence
West 702 feet to the West line of
said Northwest Quarter of the
Northeast Quarter of ssld Section:
thence South 665 feet and 3 Inches
to the place of beginning, contain
ing 10.73 acres, more or less.
Dated this 28th day of October,
1933. WALTER J. OLMSCHEID, .
Sheriff of Jackson County, Oregon.
By OLGA E. ANDERSON, Deputy.
Call for School Warrants
Notice la hereby given that all school
warrants of District Dl with the fol
lowing numbers win b redeemed.
Nos. 345 to 349 inclusive. Interest
will cease after the 0th of November.
Also numbers 264, 367, 374, 280, T83.
286, 309, and 313 have been called for.
J. S. SMITH. Clerk.
Notice.
Protect the birds. Get your "No
Hunting. No Trespassing" signs at the
Job Department of the Mall Tribune
28-30 N. Grape.
Fuel Oil delivered the modern way.
Call 315. Eads Transfer.
Cross-Word Puzzie
T. Ethereal salt
I. Dry
9. Morning: abbr.
10. Enailah seaport
11. Decorate
16. Aged
17. At home
2L Color
23. Masculine
21. Thc who
Inspect
24. Fowl
2. Writing im
plement 27. Rmad stripe
28. Make fun ofl
lang
29. Look to be
31. Kwamp
32. Kxcept
M. Lad
24. Brine Into
beinn:
IT. Manner or
ystem of
government
St. Rind of
lavender
40. Hove)
41. n1on
42. Aloft
43. Ten cent piece)
45, Masculine
name
44. Ansrchlstlo
47. Rowing
Implement
41. American
humorist
19. Compaas point
it. On ths ocssn
M. Grant
65. Bsfora
DOWN
t. Roam about
Idly
t. FxlU
2. Hpclmn '
4. ft'rs&h or
piquant
4. JoinM in a
team
(Yhe WEEK'S TREND
in Business and Finance
By Laurence IT, Schmidt, Director 0 Research
O Adminiitrrire and Research Corporation, New York
By LAW HENCE W. SCHMIDT
Director of Research Administrative
and Research Corporation.
Trend In Business Indecisive. j
While business activity of the past
week remains substantially above a
year ago Important indices continue
to display a mixed trend. The de
clining movement of the previous
week in steel production Is again re
peated. Petroleum production waa
also slightly off. Both bank debits
outside of New York and bank loans
and discounts decreased. On the
favorable side wi Increased bitumi
nous cosl output, upward electric
power production and slightly larger
automobile volume. Freight ear load
ings sustained the advance of last
week.
The administration's drive to raise
commodity prices combined with im
proving buying power should result
in a definite upward trend in busi
ness by December.
Self-Hgiitnt1nn of Industry Proposed.
A plan to turn back to business the
reins of its administration was
broached last week by one of the na
tion's industrial leaders.
Self-government of business and in
dustry, as proposed by General Elec
trics President, Gerard Swope, would
be provided through a super-organization
growing out of the present
U. S. chamber of commerce with the
federal government assuming the role
of "partner" instead of "director."
Supplanted would be the NRA'a
functions by business own adminis
trative body a national chamber of
commerce and Industry. Government
supervision would be retained through
membership of Cabinet officers in a
supreme council of American business
with the likelihood of the president
having the power to enforce or veto
Its recommendations. Enforcement of
codes already established under the
NRA and the promulgation of new
ones would be the primary responsi
bility of industry Itself.
Endorsement of the plan submit
ted to the national business and ad
visory council, an adjunct ot the NRA
by Mr. Swope, Its chairman, was im
mediately expressed by NRA'a ad
ministrator, General Johnson and by
Henry L. Harrlman, president of the
U. 8. chamber of commerce.
A move to give Industrial heads a
grip on business which It lacked be
fore it was organized and regimented
by the government under codes ot fair
practice, ts the reaction of labor to
the proposal. Objections of labor
might not hold If provisions are made
for direct representation of labor and
consumers.
Dissatisfaction by business with the
operation of the NRA underlies the
effort to take over Its own regula
tion. Agreeing with the fundamental
principles of the NRA. Mr. Harrlman
sounded the keynote of the move In
declaring, "The government can't get
anywhere policing industry any more
than It could policing the 18th
amendment. Business must police
itself.-
Organized Opposition to NRA.
Creation of the National Industrial
council ot the National Association
of Manufacturers, cons In ting of 20
leading national trade associations,
Is the first organized effort on the
part of Industrial leaders to scrap
certain sections of the National Re
covery program. A resolution adopt
ed by the group states that "indus
trial codes, the uncertainty of mone
tary policies, the difficulty of secur
ing capital under the national securi
ties act, and the disruption of pres
ent relations of employers and em
ployees, are creating grave problems
and that unified action by American
Industry Is needed to support basically
sound policies of recovery." '
lecond Step Toward Currency
Management.
Unsuccessful efforts of last week
to reduce the purchasing power of
the dollar and to drive up commodity
prices through RFC purchases) ol
newly-mined domestic gold were bols
tered by the announcement thst
policy of buying gold In the world
market would be adopted. The first
offer to buy gold abroad waa made
Thursday at a price of $33 30 per
ounce which placed the domestic gold
value of the dollar at $0.6407.
Collaboration of the British govern
ment rather than an expected
prlsal was Interpreted by the raising
of the British price of gold fiS cents
Thursdsy to $33.11 per ounce, only
35 cents below the Amertcsn price.
The London price at the close of last
week was $1.38 under the RFO quo
tation. Although details of plane to buy
gold abroad are still closely guarded,
foreign central banks the Bank of
England and the Bank of France
are believed to be acting as corres
pondents for the Federal Reserve
Bank of New York, which has been
authorised to exchange RFC deben
tures In payment for foreign gold.
Purchases In Paris and London were
reported in the first day's operation.
Snur (a Can) tii 1 (tnmu Industries.
Two quotations Jottd on a pad. !
added and divided by two, broke the
deadlock last week between leading
steel executives and the president on
the price which railroads should pay
for rails and rail lastenlngs on credit
extended by the Public Works Ad
ministration. The four major ateel companies
charged with "collusion by Co-ordi-nator
of Transportation Joseph B.
Eastman agreed to the compromise
price of $38 375 per ton suggested by
President Rooeevelt. This Is half
way between the $37.50 which they
wanted and the $35 00 which the gov
ernment offered.
Promptly were . orders for rails
placed at the new prloe. Largest of
the ordere was that of Pennsylvania
railroad for 100,000 tons. The Pub
lic Works administration has allo
cated $13&000.000 for railroad loans
$61,000,000 for thi purchass of rails
and fastenings and 84, 000,000 to the
Pennsylvania for electrification.
Prtce-l'lving tor t'ummouity mcea.
Culminated last week are the de
mands of agriculture for higher prices
in the conference of governors of five
mlddlewestem states, with the presl
dent and administrative officials to
work out a plan for price-fixing on
wheat, corn, rye and other farm pro
ducts. A processing tnx to set the
price of wheat at $1.03 per bushel
and corn at 4Q.75, with other commo
dities priced In proportion, la Vie
probable outcome.
Credit Expansion Pushed.
Although the government's embark
ment on a new monetary policy has
held the limelight of public attention
during the pset two weeks, there has
been no let-down In the government s
credit expansion activity.
A reality has become the threat of
the administration to create its own
institutions to finance business un
less banks expanded credit. The first
RFC loans of this kind announced lent
week wan for 9102,000 made to the
Southern Mortgage compnny of Nash
ville, Tenn., organised by parties in
terested in securing loans for three
mercantile firms and two manufac
turers.
First of the large New York city
banks to sell capital notes for the
expansion of its capital structure was
the Manufacturers Trust Compnny
Issuance of $25,000,000 of capital
notes to the Reconstruction Finance
-orporatlon authorized last week.
Half a million home owners have
applied for aid to the Home Owner's
Loan corporation with applications
totaling more than $1,600,000,000 as
a result of the president's invitation
in his radio speech October 33 to
distressed mortgagees to communi
cate with the federal credit agency.
The flood of applications, msny of
which have no real claim for assist
ance of the corporation, is Blowing
up their handling. For the week end'
Ing October 30, over 2S00 foreclosures
were averted on mortgages totaling
almost $10,000,000. io date approxi
mately 39.000 mortgages have been
refinanced and 86.330 applications ag
gregatlng a quarter of a billion dol
Inrs have been approved.
Increase of the public works fund
from the present $3,300,000,000 au
thorised by congress to $5,000,000,000
may be asked at the next session of
congress. The rapidly mounting num
ber of applications for funds from
states, smaller political subdivisions
and private sources are expected to
more than exhaust ths present appro
priation and many communities will
have to be turned down unless the
fund is augmented.
Public Works Emergency Housing
corporation to build low-cost apart
ment houses as slum clearance pro
jects was Incorporated last week to
speed up the activities of private cor
porations In this dlreotlon.
Special machinery to aid state
banks not members of the federal
reserve system to strengthen their
capital structure by the sale to the
RFO of preferred stock or capi
tal notes, apd to enable -them to
qualify for membership in the De
posit Insurance corporation was aet
up last week. Approximately 9000
banks throughout the country are
non-member state banks.
Movement Toward Public Ownership
of Utilities.
Off -shoot of the administration's
efforts to stimulate the construction
of public works Is the movement
toward municipal ownership of pub
llo utilities financed through govern
ment loans. In the following cities
the question Is being placed before
the electorate this fall: San Fran
cisco, Salt Lake City, Cincinnati and
Knoxvllle. Surveys preliminary to a
popular referendum are being made
tn Washington, Memphis and Nash
ville. Rejection of municipal ownership
In Birmingham early In October
marked the outcome of the first Im
portant contest.
IB A Ask for Redefinition of
Securities Art.
Unanimously approved by the In
vestment Bankers' association conven
tion last week was a resolution recom
mending the redefinition of the se
curities act of 1033 "to make It pos
sible for responsible enterprises, to
meet their requirements for new
capital and to co-operate with the
recovery program.
Fed mil Control of Stork Exchanges
Expected,
The result of the questionnaire sent
by the senate committee on banking
and currency to Individual members
and membtr firms of the New York
Stock Exchange requesting Informa
tion on their commissions, profits
and pool operations since 1030 Is ex
pected to be the formulation of legis
lation to provide federal regulation of
security and commodity markets.
(Copyright, Administrative and Re
search Corporation.)
Communications
flee Rrft of I.lheratlon.
To the Editor:
All Hall the Dawnl Conatnietlve
individualism dare rttuae to tear
down, eacept lor th purpos of
building more worthily, sinister and
psrtlal political maneuvering 1 rap
idlv becoming trnn.parent, even to
the altr, and 1 hastily being cast
Into th discard. Imminent la the
hour when the masaea will not be
drlren. banded and aheep-llk. No
longer do tliey follow, unthinkingly,
the self-centered tyrant and hi
bought henchmen, who are far enough
In advance to eat on the kernel.
The chaff and stubble In tha wake
fall to satisfy. Our nation-styled
mlrac!e-man. Franklin Delano Roose
velt, la hewing Ui. way. The ob-
stadt art legion and to gigantic
oftlmes, that a shortcut is either im
practical or not possible. That way
round will be diligently sought, we
are assured. Eventually It will be
found If the couutrymen for whom
our president Is so Impartially striv
ing will give their loyal and neces
sary support. Now la the time for
all good citizen to come to the aid
of their leader.
The Medford Mail Tribune's recent
editorial, entitled, "Don't Do It,
Q. O, P." is a noble and heroic ex
periment. It Is no longer prohibi
tive to entertain an uninfluenced
mental attitude nor to dare to 8lv
It expression. A spade may now be
termed a spade, other than in a spirit
of banter. Progressive men In cut
and hamlet are rejoicing la the big
stride. Sometimes financial loss en
sues. They are willing to take It
on the chin. An excellent example
of community service In Medford
worthy of commendation. When en
outstanding financial authority, un
hesitatingly accepted the first NRA
call to arms and efficiently captained
the forces, it was well to take notice.
Such evidence of good faith and moral
courage tn a time of crisis when the
very foundation of time -cherished In
stitutions were being more than fig
uratively rocked, by the new deal.
has not been past history in the main.
True interpretation of the brother
hood of man Is coming into Its own.
A pat on the back ts not sufficient.
The nero who does not boast a medal
still goes his way unlauded. but the
New Era haa arrive).
MRS. W. H. ANDERSON.
Medford, November 6.
For Selective Sales Tax.
To the Editor:
Your editorial, as well as the com
munication of Mr. Barnes, In today'a
Mail Tribune, contains some excel
lent points on the subject of taxa
tion, there la one very vital factor.
however, that neither article seems
to reckon with that Is THE ABILITY
TO PAY.
While so many thousands of peo
ple are out of employment no general
sales tax should ever be laid on the
bare necessities of life. But a se
lective sales tax that could be levied
the more expensive articles) of
clothing, highly processed foods, ex
pensive automobiles, in fact, on all
luxuries, if properly applied would
raise the necessary revenue without
working a hardship on any one.
A graduated Income tax, beginning
with incomes of five hundred dol
lars for unmarried persons and eight
hundred for those who are married,
and no exemptions allowed, would
produce most of the necessary funds
without hurting any one badly.
O. W. OOD WARD,
Jacksonville, Oregon
November 8.
Favors Sales Tax for Farmer.
To the Editor:
There la no way In which the
farmer can be held responsible for
our present economic depression. He
has made the old earth produce abun
dantly. No one could accuse him of
charging more for his labor than his
fellow-man receives. In reality he
is the worst exploited of any since
he, himself, does not receive even .
prevailing wage for his service. We
suggest that he be allowed to con
tinue, haphazard tho bis methods
may be, until euch time as he be
comes a publlo menace, through
under production or exploitation of
others.
But in order for him to continue
to operate he must have some real ,
relief. He must be relieved from the
burden of Interest he ts expected to
pay. The Indebtedness on farm prop
erty Is appalling and can never be
patd under existing conditions. The
government should Issue commodity
money and loan him Interest-free or
at cost of administration, with which
to retire these existing debts. Dou
ble taxation, to which he is now sub
jected should, be eliminated by using
only sales tax. Relieved from these
two burdens and having provided
that he will no longer have to pay
needless profits on the things he
buys, the farmer wUl enjoy a new
lease on life.
When a calamity such as A pesti
lence or epldemlo confronts a nation.
ot when we sre threatened by aa
enemy or our national dignity Is of
fended, often when the property of
few of our citizen In other lands
la In danger, the government goes to
great expense and even wages war to
correct these matters. In view of
which we deem It Justifiable for our
government to use the means we have
suggested to put an end to needless
suffering and want among the ma
jority of her people.
BERT KARA.
Jacksonville, Nor. a.
WASHINGTON, HOT. 1 (AP) tO
protect United State lumber pro
ducers from th competition of
dumped foreign lumber, tha lumber
code authority today announced that
minimum prior for foreign wood,
must equal tha minimum copy
protection price of th same domes
tie Item at any delivery point.
Under th ruling the authority de
clared that European Including Rus
sian, and Canadian wood must b
aold at price equal to the minimum
coat-protection price for equivalent
Item In domeatle lumber.
This ruling, It waa pointed out,
will protect domestic manufacturer
.igalnat unfair competition.
HEATING STOVE BURNS
FATAL FOR AGED LADY
EUOENE, Nov. 7, (AP) Severely
burned when her e.othea caught fir
from a heating stove Sunday, Mr.
Laura Xrewson, 70. of Drsln, died
at a Eugen hoapltal today. Mrs.
Krewaon waa alone In her horn at
tha time of th accident.
Heating cost, can b reduced,
complete heating service call
Ait
schuildU, .181601.
DOMMMBER
GIVEN PROTECTION