Vernonia eagle., September 18, 1925, Image 3

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VEXNPNIA EXGEE
Ear»*' Mflî ïn Wie Wed
»
DETAILS OF THE
FINAL COUNT
Beet Ban F»flr ta
Mk
Q hbwi
well worth a
How Its Aid to England’s Re­
turn to a Gold Standard Bene­
fits American Agriculture.
By M. A. TRAYLOR
Vice President Amarlcan
&L- % S
Banker« Association.
There has been no. more important
event for tho American farmer and
stock man since the Armistice than
the recent return of
Great Britain to a
gold standard.
It
seems a long dis­
tance from the Mon­
tana farm to the
gold vaults of the
In the new edition
of thie practical
Bank of England,
cook book you
but the price the
is just one of the many unusual
will find 187 de­
farmer gets for his
ways in which Frye’s “Delicious” Brand
lightful recipes
wheat and cattle de­
and a complete
Bacon can be used to vary the regular menu.
pends not a little on
M. A. Traylor
guide to the
that gold.
1 lb. salmon (In
8 slices FRYE’S
choice and cutting
The tanner sells his wheat to the
chunk from
DELICIOUS
of all meats.
elevator man and yet the real buyer,
BACON
middle of fish)
Free, on receipt
in many cas> s, is an Englishman, a
of 2c for postage
Cut salmon in four strips, lengthwise of
Frenchman, a German, or an Italian.
to Frye & Co.,
the fish. Remove bone, but leave on skin.
About, one-third of the wheat crop Is
Seattle.
Heat shallow baking dish and rub with split
usually sold abroad and this part Is a
clove of garlic, then rub with FRYE'S
targe factor in fixing the price of the
"WILD ROSE’’ LARD. Lay fish on dish
entire crop, Between the farmer and
skin side down and spread bacon over; broil
the foreign buyer there are many
until bacon is brown, then remove to hot
steps. In recent years the most im­
platter. Broil fish 10 minutes longer, turn­
ing to brown on both sides. Add salt, pars­
portant step has been that at which
ley, paprika and lemon to drippings In pan
the foreign buyer has to pay the
and pour over fish arranged on hot platter
American exporter, for the interna­
with bacon. Garnish with sliced young
tional mechanism of payment has
onions, green peppers and cucumbers
been badly out of order because
sprinkled with paprika.
Europe w i off the gold standard. It
was just as though an English buyer
drove up to your farm house, bar­
Everything The Name Implies
gained for your wheat and drew up
the contract. But when you discussed
payment, he said: “I’m sorry I haven’t
any good United States money to pay
you with; I'll have to pay you in my
English paper money, which Isn’t
worth its face value in gold. I don’t I
know what it may be worth next ,
week. but that is your risk.”
A Deadly Foe of Trade
How many would be willing to sign
contracts on this basis? Yet that is
the way most of the world's trade has
25-lu
bad to be carried on since the Armis­
tice. Tn practically ail countries ex-
eept the United States the currencies
have had no fixed value in gold, but
have changed In value from day to
day. .Whenever one country Bold any­
thing to another country, somebody
had tn t: '••(> the risk of loss because
The value of the money might chance
before payment was made. Such un­
NOTICE IS HEREBY GIVEN to the legal voters of School District
certainty of payment Is a deadly foe No. 47 of Columbia County, State of Oregon, that a SCHOOL MEETING
of trade, and people were afraid to do of said district will be held at Grade Sc! ■>..!, . n the 3rd day of Octcber,
I
any larger International business than 1925, at 2 o'clock in the afternoon for the pnrn-is? of discussing the tud-
they had to.
<?et hereinafter set cut with the levying board, and to vote on the propo­
Exports of food stuffs from the Unit­ sition of levying a special district tax.
ed States fell from two and a half
The total amount of money needed by the said school district during
billion dollars tn 1919 to eight hundred the fiscal yeat beginning on June 30, 1925, and endi-v» June 30. 1926.
millions In 1923. and the difficulties of estimated in the following budget and includes the amounts to be re­
European buyers in making satisfac­ ceived from the county school fund, state school fund, elementary school
tory payment for Amertcan farm prod­ fund, special district tax. and all other moneys of the district:
ucts w :.i one of the large factors in
BUDGET
ESTIMATED EXPENDITURES
* the drop in the prices of farm prod­
No.
ucts. But now the recent action of PERSONAL SERVICE:
Salary per
year.
Great Britain in declaring that it will
1
$1800.00
$1800.00
aeain ret '-rm its paper money tn gold 1. Superintendent
2
1199.79
2309.40
means that British buyers of American 3. Teachers .........
1
1170.00
1 170.00
products can pay for them with money
4
990.00
3960.00
which is accepted the world over at its
2
1125.00
2250.(10
face value fn gold. With the return of
3
945.00
2835.00
Great Britain to the gold standard, a
2
900.00
1800.00
majority of the countries of Europe
1
666.00
666.00
have paper currencies equal to gold. 4. Janitors
702.00
1
702.00
How Reserve Banks Helped
120.00
120.00
American bankers have assisted in 5. Clerk ........................................... .1
Total ....................................
$17752.40
the British return to the gold standard
50.00
50.00
by giving a $100.000,000 credit to the 7. Other services ............... ........
MATERIAL AND SUPPLIES:
British government.» But more impor­
1. Furniture (desks, stoves,
tant than this was the action of the
curtains, etc.) ..............
$250.00
Federal Reserve Banks in granting the n Supplies (chalk, erasers,
ZUU.W
Bank of England material co-opera­
etc.) ..................................
200.00
tion. They placed $200.000.000 gold at’ 3. Library, books ........................
100.00
the disposal of the Bank of England 5. Playground equipment .........
50.00
for two years, to be used by It. If nec­ 6. Janitor’s supplies ...................
125.00
essary, in maintaining the gold stand­ 7. Fuel ............................................
600.00
ard. The readiness of the Reserve 8. Light ............................................
275.00
Banks thus to co-operate was an im­ 9. Water .........................................
400.00
portant influence In the willingness of 10. Postage, stationery and
the British to take this all important
20.00
Printing .............. ............
step.
$ 2020.00
Total ....................................
This action of the Reserve Banks MAINTENANCE AND REPAIRS:
was a most constructive step tn aid
$400.00
building and grounds
$ 400.00
of American fanners and prodncer«
Total ....................................
who will benefit greatly by the re­ INDEBTEDNESS:
moval of this element of uncertainty ,1. Bonded, and interest/hereon
25000 @ 5%%; 15090 @
from their export transactions. If all
$4200.00
5b>% ..................................... -
the sins of omission and commission
charged againts the Federal Reserve 2, Warrant, and interest
6178.50
thereon ....................................
System by banker, business man. live
$10318.09
Total ............... ....................
stock man or political blatherskite in
..... $ 4680.09
the last five years were true, and prac­ TRANSPORTATION OF PUPILS: ..................
60.00
$
tically none of them are. the service TUITION: 3 pupils Dist. 47, Washington Co.
$250.00
rendered commerce and Industry by EMERGENCY:
Total ......................... ...........
$ 250.00
the System In connection with the res­
Total
estimated
amount
of
money
for
all
purposes
toration of the gold standard fn so
$35540.40
during the year ..............
large a part of the world would far
ESTIMATED RECEIPTS
outweigh any mistakes that those in
From county school fund during the coining year $5,609.09
charge of the System may have made.
(Use amount of county school fund received last year as basis for mak­
No bunker, business man or farmer
ing this estimate.
should permit any self serving declar­ From state school funl during the coming school year 938.08
ation by favor seeking demagogue to (Use amount of state school fund received last year as basis in making
swerve him from a determination to this estimate.)
see that the System ia maintained for From elementary school fund during the coming school
the fnture welfare of the country.
'
year .......................................
3601.13
Fundamentally conditions are very Estimate of probable unexpendet balance at end of
sound and we are doing a ven-
current year, Sales..........
25.00
large volume of business, no little part
Balance ................
779.75
of which Is due to the equalising and Estimated amount to be received from all other sources
stabilizing effect exercised by the Fed­
during the coming acnool year........................;........ 250.09
eral Reserve System on the credits pf
(Do not include the money to be received from the proposed tax.)
the country. Throughout all the stress
Total estimated receipts, not including
$11,208.06
of the last five years there have been
proposed tax
RECAPITULATION
no times of either stringency or ple­
$35,540.40
thora of bank credit Rates have run Total estimated expenses for the year
along on a rather level keel and in Total estimated receipts not including propose^ tax 11,203.05
Balance, amount to ba raised by district tux,$24,337.35
mv JadCTnent have had much to do
3,448.66
with the stable volume of business
$20,888.80
which we have enjoyed, and which is
quite contrary to the old experience of The indebtedness of District No. 47. is ns follows:
Total bonded indebtedness
$40,000.09
the aftermath of panics. With a tfredlt
$14.309.09
structure such’ as only the Federal Total warrant indebtedness ................. ..... ...
$54.309.99
Reserve System can guarantee, 1 feel Total amount of all indebtedness»............... ’.
Dated this 1st day of September, 1925
we need have no apprehension but on
H. M. CONDIT, Board
the contrary sound optimism tor the Attest: LILLIAN BROWN, District Clerk.
Director«,
Second
Filet of Salmon Broiled with
Bacon
No subscription whatever will be accepted through the campaign depart­
ment during the last week, but instead, candidates themselves will deposit
their final collections in the sealed ballot box, located at the Vernonia bank
of this city. By so doing no one, not even the campaign manager or the publi­
sher, can possibly know the votingstrength of the respective candidates,
which precludes any possibility of favoritism and insure fairness to the
minutest degree.
♦
Locked and sealed, the ballot box will be placed in the Bank of Vernonia
Monday, where it will remain until theclosing hour of the campaign, 8:00
o’clock, Saturday night, September 26.
♦
When the final hour arrives- the pampaign will be declared closed. The
judges will break the seals, unlock the box and immediately thereafter, or as
soon as votes can be issued on subscriptions contained therein, the last count
will begin. The winners will be determined by merely adding th£ published
vote totals, which will appear for the last time in Thursday’s paper, to the re­
serve votes and those contained in the box. There will be no waiting, no
complicated count, but simply a matter of adding the vote totals and announc
ing the winners.
*
<
liants ‘
bacon
It is calculated that it will require some time, however, to canvass the find­
ings in the box and to determine the winner. The official results will be |
published in the Eagle, October 1st..
•
Out-of-Town Candidates
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X
X
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Notice of School Meeting
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♦
Heretofore out-of-town candidates have had the privilege of mailing their ■>
letters containing subscriptions from their home town as late as the closing
hour of the various “periods.” This will not be permitted the last night of ♦
the campaign. ALL VOTES AND SUBSCRIPTIONS MUST BE IN THE
SEALED BALLOT BOX WHEN THE RACE IS DECLARED CLOSED AT o
V
EIGHT O’CLOCK SHARP.
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♦
Out-of-town candidates should, where it is possible to do so, arrange to de­
posit their envelopes in person at the bank- but where this cannot be done, ❖
letters containing final remittances should be addressed to “Campaign De-
parment, the Vernonia Eagle,” and plainly marked: “For Sealed ballot box. ♦
Not to be opened.” Particular care should be taken to post such letters in good
time to reach this office before the final hour, and it is advisable that same ♦
♦
should be sent under special delivery stamp.
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IMPORTANT NOTICE
:
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:
♦
THE JUDGES
THIRD PERIOD
Embracing the last week, termi­
nating September 26, the following
number of votes will be issued on
subscriptions:
year .
years
years
years
years
$ 2.00
4.00
6.00
8.00
10.00*
I
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• •
1.500
4,000
7.500
11,000
15,000
A special ballot, good for 100,000
votes- will be issued on every “club”
of $25 turned in. This is in addition
to the regular number of votes al­
lowed on every subscription secured
up until 8 o’clock, Saturday night,
September 26, the last hour of the
campaign. <
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Some of the members of the Ad­
visory Board selected at the begin­
ning of the Campaign, will be asked
to act as judges; to canvas«; the find­
ings in the Ballot Box, and to award
the prizes.
The Personnel of the
Boar dis as follows:
E. E. Marsh, City Attorney.
G. R. Mills, Mayor of Vernonia.
W. O. Galoway, President of the
Vernonia Bank.
A. A. McDonald, Manager Miller
Mercantile Company.
J. Greenman, Superintendent Ore-
gon-American Lumber Company.
C. R. Coyle, Proprietor Gayosa
Confectionery.
i
fata re.
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