Medford mail tribune. (Medford, Or.) 1909-1989, January 10, 1935, Image 5

Historic Oregon Newspapers

Medford mail tribune., January 10, 1935, Page 5, Image 5

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Newspaper Page TextfEDFOTin MATL TRIBUNE, MEDF0R1). OREGON. THURSDAY, JANUARY 10, M35. PAGE FIVU A wiry tuccee&fu! meeting vai held by the Applrgate Irrigation and Im provement district at Murphy Wed nesday night. A Urge crowd attended and many of the perplexing ques tion were answered by watermasiera of Jackson and Josephine counties, and real progress seemed to be made in the project. Committees were appointed on the lower river and the Williams creek area, and all were enthusiastic over the relief it would afford during the latter part of the Irrigation sea son, and especially (q dry years. The earl) priorities were shown that under all Irrigation districts they still retain their priorities, which has been heretofore a moot question among them. After the district has made a pre liminary survey to show the govern ment the possibilities, the PWA will proceed with the regular survey by government engineers to secure In detail all necessary data. 1 Communications Why Gold Isn't Necesnary. Tb the Editor: Qustav Cassel. an authority on cur rency and banking, In the January Issue of the Journal of the American Bankers' Association, makes the fol lowing statement regarding the pound sterling: "As long as sterling remains a paper standard its stability must be measured by Its purchasing power as against commodities. The standard of stability la the stability of the general level of wholesale commodity prices." Since 1031 the Index prices of commodities, he states, has been very stable, ranging from the Index figure Of 103 In 1931, 102 In 1932, 101 In 1933, then gradually rising to 16 In September, 1934, while the London price of gold has risen from 84.99 shillings per ounce to 144 shil lings per ounce In September, 1934. He concludes: "As a matter oi fact the rise In the value of gold since the London conference far ex ceeds that of the general price level of commodities. This rise tn the value of gold has had a pernicious effect on the economic condition of the gold standard countries." I have not found any of the "Ox ford School of Economists" advo cating the return of England to a gold standard. England has discover ed she can maintain the stability of her currency by adding to or sub tracting from the currency stream. The amount of gold she has in her treasury haa nothing to do with IP. I was genuinely surprised, and somewhat disappointed, to read In General Johnson's article In the Sat urday Evening Post: "In a general way, the value, or rather stability, of a nation's money la based on four pillars: 1. The amount of gold It has In it treasury to back up the amount of paper money. 3. Whether it is a credit or debtor nation. 3. Whether it has a favorable or un favorable balance of trade. 4. The safety of Its fiscal policy." England's experience has proven gold la not necessary to the stability of currency. The other three factors would Influence the stability of cur rency but not control Its stability or worth. It seema to me the weighty factor In establishing the real value, or commodity value of currency (In the sterling Area, we might call tt the Sterling Value) Is the weekly spendable money, either arising from wages or incomes or spent out of savings as balanced against weekly production of goods. That is. If weekly money available for the pur chase of goods continually tends to be less than the actual normal labor value of goods produced then there would develop a stress toward lower prices of goods. If money available for purchase of goods tended to be continuously more than the actual normal labor value of goods pro duced, then a stress would be set up toward higher prices. Currency should be so Issued by a central bank so aa to correct these stresses as soon as they appear and so stabilise, or bring to rest, com modity prices. Gold should have nothing to do with it. It seems to me It will not be pos sible for General Johnson to plan any permanent cure for unemploy ment, or any great lncresse tn na tional Income, or more equitable dis tribution of national Income. If he worka from the premise that we cannot have a stabilized currency unless It Is backed by gold. If such a conclusion Is accepted then one half of our people would be doomed to live In poverty and squalor. We must have a national currency unbacked by gold, having a stabilized value in labor. If we are to have full employment of labor and a htgf enough minimum wage for common labor to Insure to each family unit a comfortable standard of living. J. C. BARNES Mrdford. Jh-iary 10. Oregon Weather Generally cloudy tonight and Fri day: little chance in temperature; cntle. changeable wind off the coast. 4 nnerlntendent Return - C, R i Bowman, county school superintend j ent. returned this morning by train from a business trip north. Ranchers In sections of West Texas faced with hljth feed prices are turning to sotol. weed used for feed In ancient times by Indians. "thide ranches" of Montana and Wyoming are estimated to have brought $13 830.000 Into the two states la.t season. An exact giant model of the moon as Mn through huge teiewopes H rearing completion In Griffith park cbrvatory at Los Anpeles. Warrant Call. Notice is herebv given that School; I:str;ct No 40. Jackon County wsr rftau No 13523 to No. 13816 inciu- 1 ive are called for payment. Iritr-t , to cwu on January 12. !t)3S. War rants to oe prewntPd for payment at the office f the Dlstrlrt Crk. C'.tv Ha... Med ford. C:C' REPEC'CA .1ENKEN. c:;.-k sciiooi put. No. a ni I II .1)1,11 Jl i l MX .1 it . . i J n Ry ttjiWMWWy.;y y mV ; ii hi wi.i..W PWWWW tfV WmuWt WW Lv.OnW,rJs J JTl Watch ha! P I FA FOR FORD '''mBS?;, , I Stock Fencing 0 2 K. ..I Stay wires lock securely. Galvan ized .. POULTRY NETTING uaivamzed against m mn rust. 2 in. mesh, w .'iU 48 inches wide Value In Barbed Wire KS $9-49 rai spool Long, sharp barbs. Galvanized. Won rust i f l t Ml Coal Brooder si 5.45 No brooder to our knowledge is more automatic, needs less watching. Holds fire 12 hours on coldest days and a whole lot longer in average weather. Pour in the coal and go off to town or about your other work with out a thought. Economical to operate. Burns either hard or soft coal. Low-priced! 5'" B-9110-X. B-0135-A Spec A-0510-B B-4209-B B-6384 A-6200-A A-5.'30... B-7550 B-0S05 Spec B-6510 B-4235.... B-7030 AA-70S10-B A-1201 A-1202 A-1318 A-1217 A-3109 A-3122-0 A-3123-B..... A-S485 A-6050-A A-8207 . A-8513-A... A-BA01 A-8510 A-8530-A A-11375-C... A-12105 B-12115 Spec A-12182 A-13200 A-12800 A-1107-B. A-11 75 B-63I2 A-0430 A-11450-C ... A-18750-B .. A-14403-BR PUton Piston Pin Piston Ring Set Carburetor Ring and Pinion aar Set. Flywheel Gear Connecting Rod Mutfler with Pipes Clutch Plate Intake Valve Exhaust Valve Valve Guide Bushings, pair Axle Shalt Universal Joint Universal Joint (truck) Inner Cone and Roller Inner Cup .Outer Cone nd Roller - . Outer Cup .Spindle Bushing Spindle Locking Pin .Spindle Bearing Assembly.. . Spring Hanger - . Cylinder Head . Conn. Rod Bushings, pair. . Valve Spring . . Water Pump - . water Pump Shalt.. Water Pump Rear Buah ..Starter Drive Spring . . Distributor Body . Distributor Body cap.. . Distributor Shaft Breaker Arm ..... ...... . Rotor Condenser ..... Hub Bolt Rear Wheel Grease Retainer Crankshaft Pulley Exhaust Manifold Starter Switch Hood Clip Assembly . Head & Rear Light Wiring Assembly (1 bulb Head light) Head & Rear Light wiring Assembly (2 bulb Head-Lights) 175 .25 1 35 3 89 4 95 85 1 31 2 80 1 25 .25 .39 .25 2 19 1 93 235 49 .20 .23 .10 .05 .115 .17 .19 525 .13 OS 1 89 .50 30 .29 .39 .15 29 .12 .10 .17 .04 .29 50 1.59 .35 .15 MORE than 100 different most-wanted parts now stocked at Wards. From America's largest quality manufacturers. All made fo th standard specifications of the S.A.E. (Society of Auto motive Engineers). Exact duplicates of the original parts in the car. Here are just a few examples of your tremendous savings. And you can buy with confidence at Wards. Typical examples of how you save on parts at Wards: RING GEAR ft PINION FOR CHEVROLET Regular Price $7.75 Wards Price . . . $3.95 . Distributor Body Cap .15 , I pm"v'.t - --v - -tt-m. kf. BI,ec - Distributor anait 29 . . jS" j) I ' jSt&rxSSsiibi'-'dl m i :i! " "V I A-12800 Condenser .17 'yly!r Size 14-2 1 I z:Zo S VY$MZ' j(mSf i i;i VV W'W s I B-63I3.... Crankshaft Pulley 50 f: ffi f.SS I U TM.r MMSM- . WLWr :: Tl X Y. Bl A-U4.1U CMIHUSL milllliuin 1.3H il MM V '.'i'l-i- -i mmmf a Labie m I sxrw s clutch plATE zm mffli&5M tf U . WmVV l A-14403"BR "ZZSrV. for Chevrolet I 4fflJUIl J&tifJwA CQ ' I I light) 89 I l ' Regular Price $2.00 I 4W:Bmli 9J.W I A-lM03'c WbSlS I ! Word.pric 98c I JJfXJT . I"" 'e Lights) .89 I Mi ' '.'r 1 ' i -- JU0ij L.ed by Underwriter,' Lab.. r w. ' PARTS FOR CKEVROLKT V . ' - iC Xe&Sfy JO Inc- First 1uali,y armored ca- I N 14 KV. TVWe 302728 Piston 1.29 n Ti TTr?P $SMPJ ble. Flame-resistant rubber cov. , tl.d fc, UnrJerwr . ! SC p!S plIZZZ "S IfeSllIrTlkl JSi'.: W'MM&M 1. irStCr " ered wires. Safe, dependable - ! Tinned copper mm n 302737. Ring and pinion Gear, set. 5.25 !i tpA "IPilsy ' " . V$ at a remarkable price! - wire. "Safe- Of I" 835730 Sllm.t Tlmlnu 1.05 ""RFiPc? ''3 . H s S? 1 cote" type. t 1 W 344099 Flywheel Gear 1.79 i: H I U wpn) AfY y ' -V Smooth finish. 1 V? 346877......0onnectlng Rod . 00 ., y P' , sf&Kr , .,, . v...mnr: Kl . . - . . J J 100 Ft. II Spec Muffler l-cyllnder 1.50 ;.l " 3 gg MoZ".cy''ntt" 269 ! V CARBURETOR SPINDLE BOLT ! ZXSSSSZ. m I VZj FOR CHEVROLET & , FOR FORD A BRBmSBBW rr SlSSSSs;::: :!2 I Regular Price.... $12.00 "5 Regular Pric 85d ms m 3Vt8' ," A ' sot . boh Beit and Bushing.. .13 . Wards Price . . . SJ.98 ' Ward Price . g 45e W& n n 4. "Wv ran n Pi 4 3 355519...... Axie shait 1.70 ( . W& t 1 I sfiflt B-TV tA 1 1 tf I W . " 343881 Universal Joint 3.10 f x. M . . .......... ..;.,. .... H f t I tfiMffllllJ fill 1 W N2wtV'",i 344338...... shackle Boit .io L t , timmamLi. , fill I li By IIIM II II I m r,'-'" - 344575..... Spring Eye Boshing .09 1 1 . J ' , W ILll I El nlj II tali II II I Wi t 346809. Clutch Thorwout Sieve .39' M"V. J! Jj&S V': M a! 1 WJ3 tUff II I JI I m l 36H94.. SprlnS Horn Bushing .07 V a JJ . t' H ' X X 835703.... Water Pump Body 1.19 ':i' W tKJ V S -'"S-' VT11V1 i Compar, price,! Ward. ! " lllZv IS ZZZZ f JSl Zw )W j 489 stores buy together Bfflh A & I ') WSfSStf 835818 Water Pump Rotor Jc Shaft 40 1 S!li(S . , . 1 -Ti-f' l I II I'JKf jj, HI . . , , . if R I" V--.-- yi&r VoWSk 900501 Front Wheel Outer Cone. 29 liy I f f---,i-,i-,t m to give yon lowest possi- Sj MjSl Kg "Vfc' V 909502 .....Front Wheel Inner Cone .39 tfe CUOfK ARIORRFR ff f M ,(LENT TIMING m bie price on this nece ?J " h .... ' XSS&SSilSSLSZ&ZL S T.nfor'for WlU. GE aWoPJord ma srty. Every gallon for. mm TVS? rleXIDle LOOITI 909701 .... Front Wh. Outer Retainer.. .20 ' Reeular Price 42c Regular Price $1.75 M mula 5A. 188 proof, the W . , 009702 Front Wh. Inner Retainer.. .35 V. ;: w , . : ti j n t da mi . . Tards Low Bulk Price fp; Moltturt and Fin Kwitonl 835874..... cylinder Head -Cyllnder. 11 05 Wards Price .... 25c 3 Wards Price $1.19 822 best there is. Also In 1 Gallon Cans i0 ffT . . 346430 Brake Drums, pair ...... 2 28 hrfM'AMji.'wwwi.j, . WOl mil f ? ? A 358005 Brake Drums, pair 2 60 S . , , , . , , WA and tube wtr- Wt n 365848 Hood Catch .29 .. rHEgBgllgPWfiMl Ing. Easyto 72 C 365845 Hood Catch Bracket .12 ItmMmHiraiTsMifi handle. 7M in. JL T, Now! All Prices Reduce on Wards fj WSSSfiff' BraUe Bands' I I POWER GRIPS p ( Hi iy 7ist I pi ,lftir'fiFt&f. Now Priced as Low as l vj I -4J V 71 Ch"han TvZ' W pi V--' JP 'Hvk i !). 1 m J1LJL SvH f v Lined shoes (or Ford A- 4 . M - -fjW1 Q OI Jri It Auto Polish Change Oil! ""'' gcc m !UT V iM. ft 1 it Wk,PrMThOom.M Rlv.r,ll.100VunP.nnlvonl. Wf 'IT FieSbl. MoMM Lining: hy rJSt M iA' : . ''"iSWfsjfeW IT USM Worfcfatand Twin - Range J I 1x5-32 sue J3-10 JWe Wk iVZZjWt WVvjSiiet 30x4.50-81 Full pint can. UU load low price. UUnal. fV sry - wnf ' 1 JCi 30x4.75-21 . i?i l ull rint Can i vonr Container Alt .m.,-,,mM,AmmiiM tfff 'fcll V-.tSf 6.PlyPIU,8CordB,.oker, . , , , , r li ?1 I 1 'Sale endi Ser. 221 Boy now and avl A ffy MPJ h4? ? tS Ti'Vl I .lllfi . 1 ' I If I I K! JiWS''lv'W Go anywhere in any kind of weather on h'A f "C J JfiL Jr- ! Zi J WjjjJ " it f if rtj "vaJ roads impassable to ordinary tires I Save C.bT!!!!3 EfcwifitCJ r f JmTl r!msJKtI?&P& ifll V 1j!T?U y ' ; "1 Cneclr e wvlngi the price of chains. You get more traction M 1 in sArmiHiil ' ' iaX Srr lllll Zifi" ' it 1 onyawii.) S ffiW in mud, snow, or sand than tires with S?J 5 17 15 i L. -raJli,;MMww..., , .J?5n !qm I'rHf chains! Made only in Wards super-heavy , Max a 3i-.11 .Tarda dali Maxla stl r. p. Mania 21-3 e. : IV T35Saj N 4 75 19 s 95 lis f V duty construction. 6 thick plies plus 2 cord r.p. Mil. bull, iieht bnib. hdie. bulb. p. hdil. hulh. I j 'tSg 13-Plate Battery h& 5.0C-19 9'&5 Ml .ft? ft breaker strips. Backed by Wards UN- m . . r , , i "7ZC II lllllll' I dpk, l ,'2 30 ,,M LIMITED GUARANTEE against all road J Wtyhw V jtli&X Ml llSlllli 1 Q J QC P PA ills IS M hazard. ... at these speflly reduced SI 5 A ' ZZ, 620 15 00 " list prices you get important savings just when fJjiFW f Vk jf J fli ' 1 III 191 I 13 ... J-$- rUnee TIRES 'mOUNTED FREE H iffifel tjSj liCll Wff IvBftSPli Not only low prld. bat I N ilCS'f1 TIRES MOUNTED FREE R, l.'.fe4JJ h r i7,,SS.y 1 f Wards aware you 12 month li F 1 UWSWX CONVENIENT TERMS MAY BE ARRANGED M S2-S0pr. 85 $1.75 S3.70 l' U -Tt I service. 23 era power. ; --'Illrt'SW. ,r,----.--,.-r Tire Chain., m-rrnra Set. (Jrnerator '"' nralr V '! "K, Pr!5W'r!Sir , tAJ't" . ' v v.:, . J, '- ,a 28 X 4.7."-l9; ll-polnt wick- Chr.rol. I. for Ford T. . , .,: :. . ty. . . ; -'.... : . . tiv:. ..av. 29 x 4.75-zo. eta. OtKxl an new. CJiMid as nrw.