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About Tillamook herald. (Tillamook, Tillamook County, Or.) 1896-1934 | View Entire Issue (Aug. 21, 1914)
Che Cillamook fierald j the recompiled tlinutelal center of the world. ! Iiirtli H.jnll. IiIiImv vi hllVil I'll" C. G, Cromb.cy, editor tablished In thU country, and soon to tSUCd ClVlcc .1 lUcck c CuC5d.1V JMd FHdaV . he in full operation, a nolenlille llnnn- Kiitr-ml ns gtvomt-i'liMs matter Mnv 17. UUO. nt tho pit otiloe nt Ullrtinook, , clnl sxstctn tliKt I capable of with Orepvn, under tho net of March 3, lS7l." Sl'ltSLRMTION 51.50 A VKK IN AlU VNOU Jidvcrtisitm K.itc I ccnl Advertisement Tirst Insertion, per lino - J .10 Kneh sulwxiuent insortion, line .06 Homestead Notice Timber Claim ... 10.00 Notice, per line ... .06 Cards of thanks, per line - .0ft Locnb, 'tor line, first insertion .7i Knelt Milwenuont Insertion, line Kesolutions of Condolence and IxhIro notices, per line l?uine! .v Professional curds, mo. Uisplny Advertisement, per Inch ALL Hhudav Ads must N In this He an Monday nml 'HHirsdiiv Morn- Inff w insure publication in folkiw InR Tuesday and Friday Issues. Keasons are imperative. FRIDAY At'Cl'ST 1M. liU-k ptumliiK' inv strain or stress that limy te brought uhii It. ,0ft' These nre the reasons why our prae- Ileal fiimncieM believe our financial ; conditions never sounder than tlmy are today. Let mo repeat them, for they are worth teiiiomberlmjf : Fust One billion, live hunrord mil lien: of kuM on hnnil in those IJniini ; ( States, an u mount capable of supkrt i ine n currency svstenn SO Utiles, nt i leant greater t!an now is curried. j Second -The ea with which I N. 'it Dr. i ievn i OSTKOl'ATlIK' I'JIVHHIAN' A NU SlMt 'KON Obstetrical S I Kith Phones OUto: Kuns lf' HldUfuook I tour. 0 A. M. Ua V. M. TIU.AMOOK "KK. EI. J. CLAU98GN LAWYER )U IMCIIKH AltVOKAT imiiHuiiiI Building .Of i.oo of- i) u. a. n. pttHkif HaaiUKNT iifcJTIT All Wort Oaineet I'll.t.A MtHK. OKMi.N H. T. BOTTS L.vvcr rn.MPl.hrh SI: I' ill ABSTRACT, I OIlUo J(:J I . I'lMmunol, ! Tillamook (i Panics Etls of Past pessimist who, whenever there U the : inlle.tt clud in the k), Ihflievtw that We (five below an atWre delivereil the sun will never shine apitn. Such by A. U Mills, preiotit of the Ft rat ' calamity howler are pest. In society. National Bank, of Portland, before 300 ; 0f value neither to theuwelve tior to buine. men of the ute who had ; others, but rather they are a drae gathered at Portland during buyers upon the wheels of our nation's prtK , without mukinx y jweeplible trm week The address Is full of hope uim ros.. upon our 'innneinl Insiiiutfoite. iZlnLTTwT dirslon. but there ftwrth The e.tabli.hment of a mMit-4 'wVch the bu.meas interests of s1huW not bo even stamiliiK-nx,,,. for fMe ami eeommne sy.tem. the oqua the sUte may be subjected to. the pessimist in this groat country of f any in the .vorkl. 1h.t are tt. 1-otliiwinit Mr. Milk' address : 'ours. reasons why rtnunciiil condition withstood ii drain within iv mon' of 1 I.OOO.OiX) of Rokl ami the nt-lliu jo withflMial n lrthvr drain of IK-'1, 'OOO.IXX). Thirtl The renlarkahlo atronttih t ! the New York Stock PAchnnge to sorb vast ipiantitlei uf our eeuritu Dr. lack Olson UK?IIKM" tn.N t tsr Otllee Hour Im ii '' to f p, i. Oiuifcitov. . nuiidinK 1 DON I' S't. l.iHHni PioneerTransferCo. ZllZ ' i.".'S 2? C L. DICK .V SN, l'i.. I ho Snnie I'rkc t lici)ono Hifial atiH'h bt i A wi:m M I- tm "ill not uniy in .. i t DR. ELMER D. ALLEN, Dentist, ll.u l.ocalrl in the Commercial UIJj Succcedin, Dr. I . J. iharp. All Vt'oct t;f4.lrd tlllllf H.KiM " ' ' 'V lbs mnv 1 1 1 ami in mm hsox ' ?: AVl!r ""Hif Ut..rt rtl l I ''f "V'Hdrtl if the I llft'!?il tUtr.xter JdUcaHIrd In tni,r " iillnniook U)tnH iwiiik 'MI'y , . I On Vedncdav vrur emmtittee hon- j ored me with an tnvitatien to speak to ' you tonight n tl-- e.itnir and future financial c"d5:;on In the Cniteil . States. There i r,it time ttfiint. nor per haps ! there inclin ti' -" on your part, to listen to an exhaustive economic dieusion of American finance; at best, only th most striking feature of the situation can be touched upon. Certain facts -and beyond proa Iven ture the re-wt important one in the considerai'O.T of our present financial conditions, which must be indelibly im pressed upon the mi;id of every busi ness man in thete United States are- First - That financial conditior,s in To loturn to our subject. Why shouhl tho best financial minds tu our country believe fina.iinl rorMtitions never sounder than thev are today? Firt Hecaune in these Unlteil States there are SI. 500, 000,000 of cold, a supply, roughly 2j times greater thnn that of any other country ; an amount more than sutlkient to transact the twsiness of this country : when treated scientifically nj a reserve asainst currency i-nues it i su'licient to carry a bunlency of currency 50 time greater than we now have with out endangering our maintenance of a good sUimlard. l ake, for example, the panic of 1907, when FInglund h.id but lOO.'XW.OOO of gold, and yet -o perfect T. H. GOYNE Attorney-at-Uw and Land Office Bisslruvss. ;oiposrrt Co. . rnoi sr: Tillamook our country tcdav are sound, and at no Wus England '.i financial system that it time since our Government estab- parted with one-half of this supply to lished were they evi-r in a founder con this country without shaking the fioan dition than they are at ti.is moment. cj:l fabric of Great Britain. Our supply Second And let thi !ink dee( into of gold today is nearly four timorf lar your understanding there is absolute- ger thnn that of Greta Hritain in 1907, ly no danger today of a financial panic and should with ease carry all the sweeping across the country such as all burdens of commerce that may put of us have sen in time gone bv. nor, upon it. GEORGE WILLCTT Attorney .it I.jw Office In Tillamook Block indeed, shall you or I ever again wit ness in this country such panic condi-' tions as prevailed in 1P07 or 1S03. or, : inaeed, in other panic years. These are ' cold, hard facts, and not the rosy dreams of some visionary student of, political economy; facts that are estab lished truths in the minds of financiers r jn the history of cur country of established reputation, and facts ' exported a like amount of Second - The strength of our finan cial system today is sf.own by the ease with which, we parted with $100,000,000 of gold in the first five months' oflhis year and S-tS.000,000 more duringthe month of July, without disturbing one iota our finances. At no previous date have wo .(.sported a 'ike amount of gold in so that should and mast lie equally well i short a time ; to have done so in year established in your mind ami in the mind of every business man in these United States. Let me repeat them, for they cannot be reiterated too often: First These United Stated were never in a sounder financial condition than they are today. Second There is no danger of financial panic today nor shalfwe ever again see such panics as we have in the past. Take these statements of facts home with vou, mull over them, make them a part and parcel of your daily financial gone by would have roefctd every finan cial institution in the country to its foundations and probably brought ruin to many. Today not one has beo dis turbed by such a heavy exportation of the precious metal; nay in-. re, financial leaders say so good ami found is our condition thut another $100,000,000 could have gone abruiul without per ceptibly affecting conditions. Third -Becajse the New York Stock F'xchange, aainit which so many of our people exclaim, was kept open for e tenuous wliy lniinul conditions !! sound leduv in tnit country. Practical i economists believe In them; bankers worthy of the name of bankers believe in them, ami it but remain to drive ' this beliof home tu evory business man in the country to till ttwever tho (ie-, stmist who now goe up mid dawn the lam mournfully croaking nlxnit uti-' pending panics itd by so doing disturb ing business ami spending unrest w herever he goes. After what has just been smd do you ask further wh thi-re is no danger o.' n financial panic today, ami why e shall never again have such n one as we have experienced in the past? It needs but a word in answer, due in the first place to the work done by the Aldrich Currency Comm.viion and Inter to the crystallization of that wrk in the r'ederal reserve act, we have now a sound economic system that makes any serious financial panic an utter impossibility, light money ue may have in future, commercial pr"awiuri we mujit uml siill '.ave when ever speculation exceeds the bound of prudence, but financial panics, never again. So much for the financial conditions of the present ami the future. Were there time 1 should like full well to go into the details of the F'ederal re serve act, by which sound financial conditions are assured to us, hut I must omit doing ho, as before closing, I wish to say a word or two concern ing our luc.it rundiMon 4iid how I hfliivr lhi Ktiriri,.?ln war uill lfffrf r We arc now harvesting one of the most bountiful crops with which the Northwest was rvrc blessed, a Crop that huropc. and especially Mngland I . , , . i. . . i. r , , nave in or...rinai uicir peoples ; ,hf rc(ort .iau noi suivr i ni crop hhv iniltl tor no nutter what the ros! (With Ph - . 12 i. in. I I.' I JO p. m. Orn I'.vciili lr-m ' onlll ioVksi. Geo. F. Winslow A rt' iKSt'Y AT I W 'illm.i..k llkH W, It.-.n, ,1C TUUmook. OrcRon J. E. PEEDY, D: V. M. ! I II. I AHOOK I NDI-K'I AKIMI CO. I K N ll NK 1 I' Met laM-alcd in lliiiMni Farmer!): Oreupln.1 j l) i of I I'sttUf il'linelal l)llrll'f lk,l l.l lld Cnlbalm V! I i I'.IN Wil S li..th l'!..i.ci; 0ret;tin Calvin R. Worr.ill LAWYER Muini-ss Lii;tiscllir, Titles, .Uvninitaitt , Nut. try I'tihlii. COMMERCIAL Ci.L'H If HLDING T1LLAMOCK. ORE. Ccland B. Grvwin TrathtT ol I'inno Diploma from the Ourngo MohmuI Collet-o ALL LESSONS GIVRN AT STUDIO E. N. CRUS0N. I'nitttrr nl l'nicr Hniipr Con t met s Tiikcn I'Ntiitwtio h'tiniiHiicil. All Wnik tiiinrnotcfl. Tillaitiouk. fir A. M. AUSTIN CIVIL ENGINEER AND SURVEYOR WATER AND POWER RIGHTS OUR SPECIALTY Mtll I'liom- L. L. HOY, M. D. Physician and Surgeon TILLAMOOK HLOO: IIII AMOOK . owl Eat Viereck's BreJ TILLAMOOK BAKB AT A I.I, clidCH MVMMWtWtHlHHl i-itf"r John l,r!M JlrlsUfie. So,-j Tfr Aitnrnoy t.jw Mitirfh. TilUmook Title and! Abstract Co. Uw, ,uir ii. Hfi i'y.tm Hurvrii'tf. ru4iswc Ikth Til l A MliuK, OKI.' ,1 lf inal'ftattv tli-n ilalr rvrry luvlirv tnt n-u-within this ctmntry. In th mrdtitime, hivT, f-.t iVr ritKt two or ihrcc wcekv ih.rr ml I ufirmt ami fear ml et it. m. It devolves upon ! j! t.. practice palicnrr and niAini..tii n I . r in the fulure Whal I tftlC t( "tj wheat crop is true in like mrnrr ii. iiti mji no maiivi Mimi ore i hint .... , . i.- ti I ,. ; i... I... ..i I courage, lor llirrr In nollunir i is bending every effort to comt.au in . -ri. ti. Dull un is nui Huuii o iiiivii K11". v..- ... t. , I , . ..ii i .i . . :. "or meat, hops and other Dfintiicu Limiiciii iiiru na riiiiiiauivni trial ll ' v . . , will insure the shipper and owner ..... V"' ,ch' P'm,Vl cvr(. "rk " w tr w (i list sf lit nil KMinif up anft 'town our fttrrrM taing uropcan war, anil it but remains for creed, and then join with other loyal ,iavg after every organized sUick ex- our international bankers to perfect i ... . ' 1 ml ruc that hi- ... i ' i r .. .: .... i roue nrrus our irofii. lull nrvm .r ... -i .i --i.ii j t. i i... i arrant? e in em& lor iieiraiianni? ini iiiiit ' . ' . . : : tJliillt: ill lue wuiiii iinu uiuieo , Jul ii) . . -r-- r. patriotic citizens in preaching to your neighbors the go3pel of faith in our country's institutions and the absolute soundness of its present financial sys tem. Aye, this and mure, jou and I and all of us should do combat with all the power and force that is within us the dismal croaking "f the confirmed I few years before New York becomes i : .1 so doing was able to absorb, without " V" " ""' I firmly cotiMiiuuiati d within peoples of Kurope. Such sta- "c ncxi two or inrcc weeks, uncn bilityofour rinancml institutions, for ' ''conildisneil the .jiicslion of export--L. i .u u i . I "K "ur grain is solved, and with the in the end the burden was cast upon .? 'U.n collie A of I yUU them, make3 it but the questio of a k..,ld i , our c unirv n lt. ..in volume ii t ver witnt ri !n lore, panic or disaster, the immense tlooJ ol , ;, ln ew rii jtl securities poured upon us by the panic- believe will l.r stricken peoples of Europe. Such sta- tbe next two oi r. Tillamook County Fair Tillamook, Ore., September 15, 16, 17 and 18 s )li WANT everv man, wntiian and child in tins count v to make an exhibit and help make this (air a .irand success. Good grounds and buildings have been prepared. THIS IS YOPR h'AIRand we want to PKOVB TO THIS WORLD THAT TILLA MOOK COUNTY HAS PRODUCTS OF TUli FARM, THE SEA AND THE FOREST THAT CANNOT HE EXCELLED. Call on or write the following Superintendents ol Departments KNOW WHAT YOU HAVE TO EXHJHIT: : Superintendent of Livestock. Superintendent of Milk and Cheese. Superintendent of Poultry. Superintendent of Vegetables and Fruit. Superintendent of Flowers. Superintendent of Needle Work, Crocheting, Etc. Superintendent of Domestic Halting. Superintendent of Painting and Photography. Superintendent of Better Babies Contest. and Countv Expert mm AND LET THEM Dr. J. E. Reedy, : F. W, Christensen : H. Booth ; : R. Y. Blalock : W. C. King : Mrs. Crenshaw : Mrs. Anna Billings : Mrs. LolaM.Shrode : Mrs. Mary F. Dunstan The above, together with the members of the Fair Board Jones are at your service. The Secretary will give yourinquiries prompt attention. YOURS FOR A GREAT, BIG GET TOGETHER FAIR TILLAMOOK COUNTY FAIR BOARD J. H. Dtmstan, President William G. Talt, Secretary L. M. Kraner ll thev cannot be shipped in solely irom our ports they arr ..I no value to ii " This i utterly faUr. I hjvr ' atirmturd t show you. for ! iiicUn.l must havr our rain ,md i prri... r- to pav the prire and bear llir l.u'.ln, of the war risks That England i amplv able to do thi i. shown b- i . fact lb.it whrn llir F.lifopran i I i broki Mil, ,i .i Inn ,f li in, n , ,, , st ., liixiiifH hi HCItlriil. the It. ii-, .,( riifrl.ind raised in rlr of duroum t., R ..ml ih. n io io ..r c nt. and .l.cl.n r-l .i fin days' l,.ink lioli.aN U , it w..s crn by the F wtih fnuiuirr lb.it llurt w.n no nrr( (r uihIih-.il-irin, the K,mk of It a land's rule o discount f, r.ipidlv to 6 per tent and then to , per ( ' ril(r a). tlioutrli somiMhat hiKlo-r than iion.ul j is not an iumimi.iI one .u this time of "o 111,11 in 111 any way a l.ar to cotmn. ri i.il ir.n.s.i. iin It means that the merchant, ami banki r of; London, of worthy standiiiK, ran dis count their paper .m. their coininoil-1 itv hills at reasonable rale ol interest ' Such beniK the ease, and with trans- I porlation n intend Mf(. ,lrfr nr.iri ii i,..il.;., i.:.. i . . I , , , " i" iiimur our ex ports fuely Ki( abroad. I ctifi deiu y believe that within a lll()tl. our forriKii export trade will twin be on a comparatively r , ( . on such a basis as will permit fon i,.,, business to be transacted bv thi country at a handsome profit In Hie meantime we bankers have before in a few weeks of somewhat difficult financing llarvcn, l:m,s , the fields must be pi, ras)l ., also the cost of transporting our crops to the seaboard It C;ii, be do ,e ami w,l be done with rompamtlvc t.ise if the fiiisiu, ss peiide of t,r rouiilry have fait), j r instltutio, , supplement, , by a lll0(k.r:i a , )( ( of pai.eiirc. If, however, the husine" men of the couniry, sued as " fore me ovy, b.coinc excited ami each man endeavors to rush in ahiad of Ins Ju iKhbor force rolleciinim a, , rn i all that is in siwht. ihe .!," will become more ronii.llr.ii,..! i.-'. hit, the banks of ll.e c,...i,ry ))t. able lo inance ,c harvest,, , ,l within a short time possible bmintif,, j returns for our crops, In 1907 I khnuld not have ,lare, to ( have spoke, so confidently coc, r " K the Mluatioi, as ihrjl ,lc 1 were laborinir under ,...i.......w , and archaic system of finance ' i,V. ALEX. M'NAIR & C(J u i: I-:-; ha iiii wabj KITCHEN RANGES and HEATING STOVES Sec U for Prices Before Ordering EUcwhcre McKINLEY & VANCi I) l A LK RS - IN - lTnI Gr.ound Floor Commercial Building Oppo.ltt Todd HnUI TILLAMOOK. OREGON If you want to sell or trade your ranch or city M city list it with us. Watch for our listol LxclimVI Netarts Hotel Ready for BnsincsJ I?irst Class Cooking, Meals at all hours, Rooms ml uood Heds. Rates Reasonable, No Charges Will Made for SpccialjAttcntious. G. W. DORR, Proprietor Four Foot Fit Slabs $3.00 Per Cord Deivered $2.90 in Ten Cord Lots; $2.80 in Twenty CordjLoti. A. F. COATS LUMBER CO. (Coiitliiued on i'K(, ,() I