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About The Evening herald. (Klamath Falls, Or.) 1906-1942 | View Entire Issue (Feb. 12, 1932)
PAGE TWO THE EVENING HERALD. KLAMATH FALLS, OREGON February 12, 1932 Banker Optimistic In View of Events (Continued from Page One) federal rwm banking rules by congress will allow bank! to bor row fmm federal reaerre hanka faro talue on gove rnnient bond, and lha bill provides (or tlx (ad oral reserve bauka lo loan on oth or bonds on tha basts of (ho value thejr believe lb bonda to actually have, and not on market value Eitenslon of time llmlta on borrowing by bwnhs on govern- ment and otbar bonda la proposed, and Id tba refinancing of paper banka would be allowed to In rlude real estate, now not consid ered liquid assets, as a liquid as aet for abort time loana. At pree ent only negotiable and llquod ae seta may be ued aa aecurlly In obtaining a loan and real estate and other assets not considered liquid muit bo ricluded from tha security placed tor the loan. trou ble the amount of tecurltlea In comparison wllh the deelred loan must be placed at the present time. In that manner banka will he allowed to extend their loan Market Opposite Oregon Bank Hltlg. Oppuails Oregon Bank Bid. "The Homo of tha Quality MeaU for Lea" LOOK THESE PRICES OVER AND SAVE MONEY Fancy Beef Steaks-Lb 18c Fancy T-Bones Lb 18c Fancy Sirloins Lb 18c Fancy Pot Roasts Lb 13c Fancy Boiling Beef Lb 10c Fancy Stewing Beef Lb 7c All-Meat Hamburger 2 Lbs.... 25c FANCY GRAIN FED PORK Pork Roasts-Lb 12 l-2c Pork Steaks Lb 15c Pork Chops Lb 18c Pure Pork Sausage 2 lbs, for . .25c Sliced Bacon (Real Special) Yi lb. for 5c 3 Pound Pure Lard for 25c 3 Pound Compound for 25c Fresh Creamery Butter 2 lb, for ....49c Fresh Extra Eggs 2 doz. for 35c FANCY GRAIN FED YEARLING LAMBS Legs Lamb Lb. ...... 15c Shoulder Lamb Lb. . . ... .... .12c Chops Lb. .................. .12c Stew Lb. 5c MILK FED VEAL '.: ' , ' Veal Roasts Lb. ...... . . ..... .15c Veal Steaks Lb. ..... . . ...... .18c Veal Chops Lb 22c Sugar Cured Hams Lb. ...... .18c Sugar Cured Bacon Lb. ....... 21c Shop early and avoid the rush. Bring this ad and receive one lb. Pure Pork Sausage Free with every 50c purchase of meat or more. program, and thereby stimulate Dusinese. Mr. Cordon highly praised tha condition of local banka, and etat ed that It la probable that klanv r.th banka will not need to lake advantage of the more liberal rulee ahould they be adopted aa banka hero ebow atrong financial etatilllty. The bill Introduced by Senator Olaaa alao provide that depo.it ora In banka which cloee will Itn mediately receive 60 per cent on their depoalta. within a week or two after a bank clo.ee, and pend Ing liquidation of the aeeeta of the bank afected. The money would coma from a corporation lu which all banka In tha I'nlted Htatea would take an Inlereat. Money paid oat to depositors In cloaed banka would ba paid through lha receiver for tha banka. Thla proTialon will more largely benefit depoeltora In mid dle western atatea banka, where a , large percentage of tha .falluree ' have occurred. Mr. Gordon pointed out that tha American Bankera association ftgarea ahow that only two per cent of all bank depoelta have been affected alnca I'll, when tha financial craah occurred, by the cloelng of banka. That peri od of time takea 111 the period when there there wera tha moat fallureea. ha aald. - Flgurea of tha aeaoclatlon alao ahow that depositor la banka which have cloaed hat. received more than to per rent on every dollar depoalted la banka which have cloaed alnca the civil war. It la pointed out that the 1 per cent loaa la not aa great aa the loea taken by Condholdera, even government bonda, and owner, of atocka and eotne bonda have lo-t much mora than depositor in banka which have cloaed. Mr. Gordon, accompanied by Mre. Gordon and their daughter Hope Gordon, will leave Monday for Ban Franclaco, where be ex pecta to apend a week or tea day. He plana to viilt the federal re serve bank of tha Twelfth dla trlct, and to confer with tba ap pointed heada of tha refinance corporation in San Franclaco, while In tha Bay City. Mr. Gordon pointed ont that Klamath Falla and Lakeview banka are the only onea In Ore gon which come directly under tha main branch of tha Twelfth federal Reeerve bank, banka in other towna of thla atata dealing through the Portland branch of the Twelfth Dlatrtct bank. The reaeoa for tha advantage given Klamath Falla and Lakeview banka being tba lark of railroad cornectlona for a number of yea re. G. N. Officials Visiting Klamath X. C. Finley of tha right of way department, and A. J. Clyach, of the legal department, of tha Great Northern Seattle officea were la Klamath Falla Friday on business. I. J. Heea. general tralnmaater of tba railway company, left Thursday night for Seattle after inspecting the Klamath dtvlalon. B. H. Crawford, local chairman of the conductor.' organisation, left for St. Paul. Minn. Friday morning to attend a meeting of tba conductor general committee. NAT ON-WIDE DRIVE ON TO IT HOARDING Philadelphia may abolish movie renaora. Deeplte high advertialng ratea, henceforth colorful ahowa will Jnet have to weather along on their own. Grandma Can Dance Like Girl Fut WvrUsir lU-Ntt-Ma Frvsn hW mi JtWmti Mimtt vb Mirpriatacly quick rtwlerf from worturtng palna of rbeuanatlan. narurtu and lumb&ra. Jut take Ra-No-M. Ttlll esTDesaTlPS pr MTtptioo vat mtvto aml1kKle ee aew4 t UMd M It bail practical tl l h pb m twrootica: IlltaW haiaiiila sua ytnmmxi ot aeediM tfooy, txiof Hf Avain. U am a Hom oont nop mrmmx pln, m of raart tiinrtln your WD17 via b nfuiitted. Mag.ll Drug Co. The I'nlted Preaa preeenta here with tha flrat detailed outline of Prealdent Hoover a nation-wide antl-hoardlng campaign, aa plained by tha business leadera he appointed to carry It out. They began their work today, hop to complete It neit month and believe that their concert ed action Involving many hun dred of thouaanda of individual helper, will do much in reator Ing general prosperity to the country. By Frederick C. Othinan t'nlled Prrae Hlaff lorW.ponil.-nt Copyright. 1J1. by I'mied I'reee CHICAGO. Feb. 11, ilPI President Hoover antl-hoardlng campaign began here today In a newanaper office, bared for II. ((iii.ouo.ooo anion. In three weeka every city and hamlet in the nation la eipected to have it'a own committee ot workera. A whirlwind bond sell ing drive will take a week more and the Job will have beeu done so quickly, hop the prealdent and hia aldea, that bualneea will be benefited Immediately. Flrat conference of the key organliera took place In a room high In the Chicago Dally News building of Col. Frank Knox: Jamea Keeley, Ttce-preetdent ot the Pullman company: John N. Van Ier Vriee, central division manager of tha I'nlted Ktatea chamber ot commerce, and Homer MrKee, nationally known adver- ttstng man. They explained the prosperity drive thua: Tha two-fold object is to gat hidden money back Into circula tion and to educate tha public In the function of banks and the dlaaatrous consequence to bust nee when credit is restricted by hoarding. The conferee are creating a nationwide eltltene' organltatlon. drafted aa la tlmea of war. to meet tha "crisis." They plan to build up each organltatlon here possible about tha local chamber of commerce. The preea and tha banka In each community are being naked to cooperate. Many newspaper have agreed to do o. a haa the I'nlted State chamber 01 com merce, tha American Bankera' association, the American Federa tion of Labor, and aome 40 other national organltallone which were repreaented In a meeting with the prealdent at Washington last Sat urday. The workers will organit their force for thre week in pre paration for the aal ot anti boarding aecuritle during the final week. Eiact datea will be announced eooa. Tba campaign will take on tha character ot the liberty loan drive ot war time. That Is appropriate, believe the leaders, because they are engaged in a veritable "war of deprea slon." Tba government, meanwhile, will Issue aecnrltle which will be need to draw money from Ita hiding place. The paper will take tha form of bonds, Bearing Inlereat and Issued In denomi nations as small as f 10. Secretary of tha Treasury Ogden Mills la expected shortly to announce de tails of the bonds and the In' terest they will pay. President Hoover will make a radio address on a nation-wide hookup the night before the Bell ing campaign starts, whereupon the secretary of tha treasury and Gefl. Charlea G. Dawes, president of the reconstruction finance cor poration, will apeak. "And that just about tells tba story." smiled Knox. "If wa can get this 11,500.000,000 (B) of hidden money Into circulation. MRS. JUST MARRIED Dtwr a Naw and Simpler Way af Making Perfect Biscuits Evwry Tim If 1 3 fM TRYING TO MAKE BISCUITS, ONLY I NEVER HAVE ANY LOCK WELL.WHY DONT YOU " BISQUICK-IT COMES READY TO USE THIS IS SIMPLE, ALL YOU DO WITH BISQUICK IS A 00 MILK) OR WATER 1 iTtn 1 "J I I 1 S WELt.HOW 010 THE 1 I II BISCUITS TURN OUT T I 1 1 a. a R' 1 I I S ' Wis OH TEO SAID THEY WERE I ALL I I IV SSS I I I THE BEST HE EVER ATE. AN01 1 I III F A I I I llTWAS !OEAftVt WITH OKOIIirif I I i T lgOT'M6 T ALt j u NOW BISCUIT MAKING SO SIMPLIFIED Even a Bride Can't Go Wrong BISQUICK, (As Sn mnd ScUntiKt DU eevery ml tht MiJ.rs Ced- Msf "KitcAen-festeo"' Flour, Not Only Bon. ttAea All fAe Man mnd Fun. All CAanee t failure from Blnull Making, But Cult frtparutton Tim to 90 Second', ,. 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There's nothing to sift, nothing to cut-in or rub. No mussl No fuss! And no guessing. You get perfect results every time. For. la IllSOblCK. the flour and shortening are blended together (the secret ot good biscuits) tar more perfectly than at possible by human bands And it's "Kitchen-tested" by sens Hy Uiktnt tamput tn a mom vera nis your en-tor absolute uniformity ol results before it goes to you. Based on a famous old southern recipe which was greatly unproved under the direction of Betty Crocker, the noted Cold Medal expert. ft makes every biscuit an exquisite ad Ventura in deiidoutness For an altogether thrilling experience, try BISQUICK. Get at any grocery store Tha large box encwifh for 80 man-sized Ditcuits costs uttle. You U bs delighted with results, OOID MEDAL FOODS: INC. I . CENgRAL MILLS, IKV4 MINNEAPOLIS osmv a wit, mm Hear About TlW 1 1 UV? lllsqnlck MhiaV' 10 A.M. S&? Tuesdays frfm. ?f credit will ba enriched by 111 000. 000, 000 (B). I'm Just an ordinary newspaper aaleaman, but 1 houeetly' believe w shall be succeeatul." Nation Pauses To Honor 'Abe' Lincoln (Continued from Pag One) r was tha greatest, attained the wonderful Influence over the peo ple of the land, that has beeu manifested, and atlll continues to be nianlfeated, until this day, by the memory of Abraham I.lncolu. "That Influence haa guided the nation when lha hand ot living man haa faltered, tor being dead, yet he apeaketh lo tha aoul ot men, with power and conviction." WASHINGTON. Tab. II. UP) Abraham Lincoln's memory will be honored tonight In nation wide observance ot his 113rd birthday anniversary by the re publican parly, led by Preeldenl Hoover. The preeent chief executive will spek on the life ot the man who preceded blm during the troubloua days ot tha civil war. using the radlu lo rarry bla worda to the ralllva of Ihe party faith ful all over the couutry. Key men ot the party will aup plement thla addreaa at each din ner gathering, and an entire hour of radio time wilt b taken on a national hookup by prominent apeakers. Lincoln's memory was recalled today In congress, too, with ap propriate apeecbea by metnbera In each chamber. Prealdent Hoover will not at tend the principal party dinner here tonight, but will apeak at 10:30 P ni. IKH.T.) from the White House study in which Lin coln transacted the affaire of state ot his day long before modern executive offices were provided. SPKINOFIELD. 111., Feb. 11 (U.R) Gov. Clifford Plncbot of Pennsylvania paid oratorical tri bute to Abraham Lincoln here tonight on the eve ot the great emanrlpator'a birthday. Cltltena crowded the atale ar mory, not tar from Sprlngfleld'a magnificent monument to Lin coln, to hear rinrhol aay that the martyred president "wouldn't get to tint base ' if he were a preeldentlal candidal thla year. aimply because be would be too devoted to tba interests ot Ihe people. Rape Hoover, Mellon "How many ot our national leadera can declare with Lincoln. '1 have never had a feeling, poli tically, that did not aprlng from the sentiment embodied In the Declaration of independence!" demanded Plncbot. "Can Mellon T "Can Hoover? "Suppose Abraham Lincoln were a candidate for president thla year on his platform ot human rlghta. "Where would ha get with the controlling power of the repub lican convention In Chicago? "Ha wouldn't get to first base!" Tha- Klamath county court ob served Lincoln's birthday Friday, and all offlcee were closed throughout the day. Banks re mained open, however, aa It la not a national holiday. The post office alao remained open, and regular delivery ot mall was Palace Market 824 Mala. Phone 88. Free Delivery Saturday Special Sirloin Steaks, lb. Pork Steaks, lb. Veal Steaks, lb. Beef Roasts, lb. Pork Roasts, lb. Veal Roasts, lb. Smoked Picnics, lb. Bacon Squares, lb. Sausage (Country Style) 12 c Wa hav the boet your patronage is appreciated Fancy Chickens, lb. Young Rabbits, lb. Sliced Bacon, lb. Ranch Eggs, doz. (Fresh) Delicious Coffee, lb. 23c Palace Market made. Only national holldaya are observed by the post office, Postmaster Jobs Mcl'all ex plained. Lincoln's birthday was ob served In city and county acboolt with appropriate patriotic as semblies aud programs. Arraiigemente for Ihe high school program, presented Fri day morulna In the aaaambly room, were untlor the direction of Mia Helen Huayn, dramatic teacher. I'erltclpanta In Ihe pro gram were tiordon Williams, giant will be tiordon Williams, Ted Hyde, Ituhy Potta, Mike l.avenlk. Mildred Cullen, Betty Gallagher, Francis flowers and Arnold Cooper, Thuae students represent the American history class. A trumpet eolo waa given by Mlaa Jean Heard. ft. (. (Iroesbeck gave a R. C. Clroesheck gave a talk on the life of Abraham Lincoln at tha Fremont echool Friday morn ing. Klmllar programa marked obavrvanre of the day In lha oth er city arhools. K.U.HJS. Enjoys Lincoln Program The history department and the Masquera club ot Klamath I'nlon high erhool preaented a Lincoln's birthday anniversary aaaembly program Friday morn ing at the arhool aaaembly. Tb autobiography ot Lincoln waa recited and enecdotee of bla life were told. Cordon Wil liams waa maater of ceremonlea and Mlsa Jean Crawford waa chairman of the aaaembly. The high school baud played a number of patriotic plecea and "America The Meautlful" waa aung by the entlraj aaaemblage. Schilling The tout ii cold. caret, the coffee is good I It's cloudy day. 'hat of it, the coffee it good I It's hard world. ' jVot with coiTee like thill (l I B ingi of the morning! 73j3 IKfMAj Si "in"! n fell In?!?. mm KJjjA m M m ' J 5aiv3 wmS i-f7j rasira M m M m krai JaaiJ Ei teri ijt Johnson's Groceteria and Independent Meat Market 127 South Sixth Street for K. I. M. A. Orange Stamps Given With Each Purchase Phone 221 or 222 FOR FREE DELIVERY Twice Daily 9 A. M 1 P. M. SPECIALS FOR Saturday and Monday, Feb. 13-15 Uold Medal Cake Flour 2 Pkgs. 63c Caks aVrrer Free eal ot Orcarosi Family Hanlwheat Flour 1 49 Lb. Sack 98c An Oregon Product Del Moat or Ooldea Wees Coffee 3 Lbs. 93c Vacuum Packed Fane t Tiff eee Clorox " Pints 13c Quarts 25c Cryetal While) Soap 10 Bars 33c Xo Limit Del Moot Early (areVa Peas No. ana 3 Cans 49c JOHXHOX'S RPKC1AL BUTTER 23c lb. A Klamath County Product Pure) Comb Honey 2 for 35c Nutrition Healthful 3ood for Young and Old felllo Brand Columbia River Pink Salmon Ko. 1 Tall Cane 10c Can n Especially Nice Pink Bftlmoa CREME OIL Toilet Soap 5c Bar Broken HI Ice Pineapple No. SH tan 2 Cans 25c A Product of tha Dole riantatlona rnr hake or ckispik Crackers 2 Lb. Pkp:. 25c Mlghtl Halted PIRITAN Pure Preserves in oi, fllaea 25c Jar Aaeorted Tree Fruits and Berries Fresh Fruits and Vegetables Firm I Newtown Cooking I iJirge Full Heada Cauliflower 2 for 25c Cabbage 31-2cLb. Bunch Vegetables, 5c Bleached Crisp Celery 2 Heads 15c Newtown Cooking Apples 69c Box 10 Pounds for tSe Famous Rose Brand Oranges 2 Doz. 55c - Thin Skinned Hwect Jtilrr Florida Grapefruit 6 for 25c Firm Crisp Lettuce 3 Heads 10c Meat Dept. Specials Klamath County Fresh Young Pork Pure Lard (U. S. inspected) lb 10c Pork Roast (Shoulder Cuts) lb 13c Pork Steak (Choice Cuts) lb 14c Pork Chops (Lean and Tender) lb 16c Pork Roast (Leg or Loin Cuts) lb 16c Fresh Side Pork (Breakfast Fry) lb ;15c Salt Side Pork (For Seasoning or Fry) lb 15c Sugar Cured Bacon (Whole or Half) lb 19c Chickens and Rabbits la m