fEDFOTin 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.