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About Vernonia eagle. (Vernonia, Or.) 1922-1974 | View Entire Issue (July 25, 1930)
Friday, July 25, 1930. Vernonia Eagle, Vernonia, Oregon Bank Bandits Active The greatest number of bandit raidB on American banking ever re corded In the figures of the protec tive department of the American PankcrB Association were reported during the six months ending last February. Bank members of the association reported for investiga tlon 311 forgery cases, 107 holdup robberies. 16 burglaries, 2 sneak thefts and 8 mortgage swindles while non-member banks, number ing less than halt the total enrolled in the association, suffered 86 hold up robberies and 9 burglaries, non members being burglarized or held up once for every 89 banks, as compared with once for every 164 member «banks. The associa tion detective agents caused the arrest of 143 of the 236 bank crim inals apprehended during the period covered. The association’s report on these conditions urges support of the movement to provide city police departments with radio-equipped cruising automobiles which have proved particularly effective in Cleveland and Detroit in the broadcasting of alarms and the closing in on criminals immediately after or even In the midst of the perpetration of crimes. Last year the average time elapsed between the receipt of radio calls by these cars and the 1325 arrests which fol lowed was one minute and forty- two seconds, the report says. By JOHN G. LONSDALE President American Bankers Association COME seem to think that the day of the individual in business has passed. But they are wrong. While the In dividual may not attract Buch outstand I n g attention as he did in the days of old when insti tutions were conducted on a smaller scale, h e neverthe less Is to be found in any John G. Lonsdale large corpora 4. ti o n, domina- ting the situation, giving orders here, co-operating there and should ering the responsibility of keeping a large group of lieutenants, cap tains and privates working In uni son and moving forward under the banner of progress. And all of these are held accountable to the public because the public has en tered into a partnership agreement with the corporation through pur chase of stock. Welfare of Workers Even In the gigantic mergers that have taken place within the last two years there remains more than ever the necessity for a leader, an aggressive personality, whose duty it is to see that basic prin ciples are not forgotten, that the rights and privileges of the indi vidual workers and the customers they serve are as well provided for as in the smaller business, units. It is gratifying to note that our corporations are giving more and more concern to the welfare of their workers. Numerous benefit organ izations have been formed, oppor tunities offered for advancement of education and position, hospital service established and insurance and retirement pensions provided. This general humanitarian move ment in reality Is the outgrowth of analysis, which has disclosed the need of improving the well-being of our Individual workers, realizing at the same time that our insti tutions will benefit. What’s Doing On Oregon Farms . . HEPPNER—A 98 to 100 per cent kill was made on morning glories in Morrow county treated with chemicals during 1929, re ports C. W. Smith, county agent. * j PREPAREDNESS IN BUSINESS I « • ENTERPRISE — Sulphur and complete fertilizer are apparent ly giving some increase in alfalfa yield in Wallawa county. • * • DALLAS— Observations made by J. R. Beck, county agent, on the effect of alfalfa on drain tile revealed that in places where the alfalfa has been growing over drain tile for three years the roots were all around the tile, but had not penetrated it. w ♦ • LAKEVIEW— A Lake county farmer who seeded 15 acres of yellow sweet clover last year now h?.s enough pasture to car ry an average of 2l<, cows per acre all season, says county ag ent P. T. Fortner. The acreage is divided into 7 and 8 acre 1 fields and is irrigated. By R. S. HECHT, American Bankers Association My observations for many ygars, both as an employee and as an ex ecutive, have convinced ine that the reason some men and women go ahead and others do not is that ♦ • ♦ some keep themselves constantly | CORVALLIS — Diseased condi prepared to accept and fulfill larger tions which proved to be fire duties and responsibilities as they I blight in apples and pears have offer, and some do not. been reported to the horticul Grant, as we must, that there is j ture department of O. S. C. from a certain element of luck in the both Morrow and Grant counties. conditions under which opportunity The first indications of this dis- for promotion comes to different east seem to be the drying back men and women, we nevertheless of tips. a * * must also see that it is each in dividual’s own state of prepared PRINEVILLE— Manganese sul ness which determines his ability phate applied at the rate of 2 to seize opportunity if and when it pounds per tree has given very comes, and having seized it, to beneficial results on shade and succeed in meeting the greater de fruit trees affected with yellow mands which it inevitably places leaf in Crook county. The leaves regained their deep green color upon him. Real advancement never means about 10 days after the applica tion was made, according to W. going ahead to easier tasks, but al B. Tucker, county agent. ways to harder ones. Opportunity for advancement is worthless un EVERGREEN—(UP)— Eight less in accepting it you are able to year-old Poul Batchelor placed a carry with you the abilities and lighted firecracker in his mouth. qualifications that prepare you to Next day he stepped on broken meet the heavier exactions that glass. Stiches were taken. are an inherent part of opportunity. SALEM— (UP) — Keeping It is tar better to go -into action in the field of enlarged responsibil count for 61 years without error ity prepared and qualified, rather is the record of a bank clock than that you and the institution here. Owners say the record is you work for shall be exposed to better than any employee’s. the hazard of your having to build up to new responsibilities after having assumed them. The new spirit of all business seeks to prepare its people in ad vance through education for the higher duties it holds In store for them. STATE TAX MEN AND BANKERS IN ACCORD “Conferences have been held to reach some agreement which would protect the banks, satisfy the tax commissioners and avoid a contest in Congress,” Mr. Paton says. "From the standpoint of the tax authorities, the main objectives have been an amendment which would permit certain states to re tain their low rate tax upon In tangibles and at the same time de rive an adequate, but not excessive, revenue from national bank shares, and an amendment which would pormlt certain states to tgx corpor ations on their net income, exclud ing income from tax-exempts, and at the same time derive the same revenue from the banks as here tofore. From the standpoint of the banks, it has been deemed impera tive to maintain the protective principles of Section 5219. visions. Also, Mr. Paton points out, a Supreme Court decision held a state’s excise tax on corporations Invalid where it included income from Federal and local government bonds in the excise measure, This created doubt as to some state bank excise, taxeg, THE DALLES—(UP)— A couple drove into Ted McGrath’s service station. Both alighted. Hubby drove off shortly after I but forgot his wife. An hour later he called from 40 miles i distant, tried to explain. BUFFMIRE Transfer Co. LOCAL AND LONG DISTANCE HAULING — INSURED TRUCKS - -■ --------- ----------------------- ------ - • - ' - - - Refrigeration Painting and Artistic Sign Paint Timber Mist. Shirley Bigger was at the beach ,-or several days last week. Burlep Tallman of Wilark spent the weekend with his fa mily here. Miss Anita Schiffer and Court ney Syverson were among those in attendance at the dance at NEW YORK.—Months of confer-1 Arcadfh park Saturday evening. enea and negotiations between an Clarence Phillips of Tacoma. American Bankers Association spe-1 Washington, is visiting Anthony cial committee and the Committee Kilburg for a while. of the Association of States on Mr. and Mrs. W. T. Gilmore, Bank Taxation have resulted in an | Joyce Harris and Lon Rhea Mc- agreement on a form of amendment Campbell motored to Portland to the Federal statute dealing with Friday. state or local taxation of national , The Changes Agreed On Mr. and Mrs. Frank Montgom banks that “maintains the iutegrity I "In the proposed amendment the of the protective principles of the ! existing provision permitting taxa ery and daughter Marjorie, Mr. section and is satisfactory to the tion of bank shares no higher than and Mrs. Hopkins, Mr. and Mrs. commissioners' committee,’’ says the the rate upon competing moneyed I Percy McCampbell and family American Bankers Association Jour capital has been modified with re and Ed Berger spent Sunday at nal. spect to certain intangible tax Rockaway. Thomas B. Paton, the organiza states only by a provision under Mr. and Mrs. John Whitten of tion’s General Counsel, In making which, instead of the moneyed cap Gaston, Miss A. Whitten of Port the announcement says that previ ital limitation, the rate shall not land and Mr. and Mrs. Charles ously proposed amendments to the be greater than the rate upon the I Crothers of Banks were Sunday statute, which is known as Section shares ot other financial corpora- | guests «t the Oscar Shiffer home. 5219, have been opposed when it tions, nor upon the net assets of | H. N. Burgin is at the St. Vin was felt their terms would enable ( individuals, partnerships or associ cents hospital in Portland as the any state to place banks in a tax . ations employed in the banking, I result of an accident which oc clars by themselves. loan or Investment business, nor "The law as it stands today,” Mr. higher than the rate assessed upon curred Thursday when Mr. Burg in, while at work at the mill of Paton says, “permits state or local mercantile, manufacturing and taxation of national banks or their business corporations with head the Eagle Lumber company at Westimber, was hit by a lumber shareholders in one or the other of office in the state. carrier. the four following forms: the share- | "Also an added fifth alternative Mr. and Mrs. Percy McCampell holders upon their snares,—a prop permissive method, designated as a erty tax; the shareholders upon specific tax, permits a state, in and daughter Della and Frank their dividends,—a personal income place of an ad valorem tax on hank Montgomery motored to Hills tax; the bank upon its net Income; shares, to add together total divi boro Friday. Miss La Verne Kilburg, who the bank according to or measured dends paid the preceding year and by its net Income. Only one form the increase in capital, surplus and has been visiting her aunt, Mrs. of tax can be imposed, except that ! undivided profits, less additions to Tom Wriggle, at Clatskanie for the dividend tax may be combined capital or surplus paid in by stock several weeks, returned home with the third or fourth form if holders, and to divide this total by Thursday. other corporations and shareholders the number of shares. The state Mr. and Mrs. A. W. Kilburg are likewise taxed. may tax the shares based upon this and family and Mrs. Ben Hart "The conditions permitted are: amount, but not to exceed the rate are spending a f»w days at the tax on shares must be at no ou other corporations in proportion Rockaway. greater rate than ou other compet to tlieir net profits. Levi Anderson and Mr. Lear ing moneyed capital; the income “This method is designed tor were in Portland Thursday and tax on shareholders must be at no states which have heretofore taxed Friday of last week on business. greater rate than on net income national banks upon their entire net Mrs. T. H. Dean and daughter from other moneyed capital; the income from all sources at a pro- Lygia of Hood River are visit tax on bank net income must be at portion it e rate to that assessed I ing relatives in Los Angeles. no higher rate than on other finan upon business corporations. The1 They were accompanied south cial corporations nor the highest amount which is the basis of the by Ermine Parsons of Portland. tax is lhe equivalent ot the entire rates on mercantile and manufac turing corporations doing business net income from all sources, but Mrs. Dean is a former resident of within the state; the tax measured being assessed against the share Timber but is now conducting a by net bank income is subject to the holder upon his property In the hotel at Hood River. A. W. Kilburg and Anthony same limitations as the tax on net shares and not a tax upon the bank Income of the bank but may include it is not open to tlie objection ns an and Maxine Kilburg visited with friends at Tacoma, Washington, entire net income from all sources.” | indirect tax on exempt income." last week. States Seek Broader Law Mrs. Frank Montgomery and EVANGELICAL CHURCH National banks and their share daughter Marjorie moved here holders are taxed in different states from Hillsboro Tuesday. Mr. under a diversity of systems, he There will be services as fol says. The U. S. Supreme Court has lows at this church Sunday, July Montgomerv is employed on the held that the low millage rate oil 27: Sunday school, 9:45 a. m. ; Southern Pacific. H. Naves of Portland was the intangible personal property is in the pastor will preach at 11 a. m. violation of the present law where There will be no evening ser (guest of his sister, Mrs. Mike Wilter Sunday. Mrs. N. Naver, It results In national hank Bhares vice. who has been spending a few being taxed at d rate greater than The camp meetings and con days at the Wilter home, ac that assessed upon competing mon eyed capital. A number of states, ventions will be held at Jennings companied him home. Mrs. unwilling to use the income meth Lodge, Oregon, between Portland Naver is Mrs. Walter’s mother. ods permitted, tad the alternative and Oregon City, July 22 to Aug Miss Helen Kappel and Ted of either repealing the intangible ust 3. Kappel of Forest Grove were tax laws or limiting taxation of na Bishop and Mrs. G. H. Seagar here Tuesday visiting Fred Spoo- ■ tional bank shares at the intangible will be the main speakers. Sun rate. Therefore they sought a day, August 3, there will be Sun broadening of the permissive pro day school only at this church. Months of Negotiation Lead to Agreement on Changes Broadening Method of State or Local Taxation of Nation al Banks. Weather Conditions Cause You to Think Of . Job Five ner, who is employed at the Shiffer garage. A. W. Kilburg, Maxine and Anthony Kilburg were in Port land for a few days last week. Miss Thelma Teft has gone to Hood River where she will spend the rest of the summer with friends. Mr. and Mrs. H. L. Arey are spending a few days at the beach. Mr. and Mrs. Silas Powell and son Robert Gardner left Wed nesday for Corvallis, where they will make their home. Mrs. Rose Roebuck and Joyce Harris were in Vernonia for the show Wednesday evening. Mr. Dunn, who is working for the Southern Pacific, went to Eugene to stay over the week end with his family. Why not a General Electric? Phone 1021 Book, of 1930 Wall Paper Samples Now Here On Display Vernonia Paint Shop Vernonia I • NOW ON DISPLAY AT Oregon Gas and Electric Co. Vernonia. Oregon It uh- Down! i Rub away fatigue, sore ness, lameness with this refreshing Puretest Rub- bing Alcohol. It’s a rub bing tonic. There’s new life in every drop. Indis pensable in homes, camps, gymnasiums and hospitals, | i | i Full Pint 59c This officially recognized Puretest Rubbing Alcohol is sold only at Rexall Stores. H««"- Mac’s Pharmacy THE HENPECKED HUSBAND PROCLAIMED THAT THE ON LT TIME HE BEAT HI3 WIFE UP WAS IN THE MORNING — TO FIX THE FIRE' T he FLORSHEIM SHOE \ou will have every reason to be satisfied when you wear Florsheim Shoes . . . they feel so fine . . . look so good . . . wear so long Most Styles HO Workingman’s Store E. W. Holtham ""For lhe Man Who Cares” Professional and Business Directory For your convenience the following business and professional people are listed on this page alphabetically. These men and women are known in Vernonia as reliable business and professional people. BEAUTY SHOPS ANNETTE BEAUTY SHOP Shampoo, Marcelling, Finger waving, Permanent Waving. Over Horseihoe Cafe. Phone 481 Electrotherapy, Physiotherapy DR. R. A. OLSON Chiropractor Tel. 671 1117 State r Vernonia, Ore HOTEL Dr. J. A. Hughes Hotel HyVan STEAM HEAT The best for those who appreciate the best. Physician and Surgeon • Office Phone 663 Vernonia, Res. Phone 664 • Oregon Cason Transfer Terminal Cafe The Right Place to Eat Excellent Cooking Local & long distance HAULING Phone 923 Office in Workingmen’s Store CONTRACTORS ANNOUNCEMENT JOHN A. MILLER I have leased and am now operating the Sessman Blacksmith Shop. Bafford Brothers General Contractor Repairing of All Kind* W. M. Faulkner General Plumbing Maaon Work, Building Vernonia LAWYERS STRAND A BERG Contractors and Bnildsr* On all kind« of cenetruc- tlon, estimates given with out charge. Box 157, Vernonia Gordon R. Watt Attorney-at-law Joy Theatre Building Vernonia, Oregon DENTISTS PHYSICIANS M. D. COLE Dentist Vernonia, Oregon Marvin R. Eby, M. D. ing J. C. Henderson Try this Bracing Mary Kato Chop Suey Restaurant You'll enjoy a bowl of delicious Chop Suey after the show. Physician and Surgeon Phone Hospital 931 Town Office 891 Re-Roof With SHINGLES From DR. W. H. HURLEY PASTIME Dentistry and X-Ray CARDS AND Johnston & McGraw Shingle Co. VERNONIA Hoffman Hdwe. Building LIGHT LUNCHES Vernonia, Oregon Lloyd Bailor, Prop.
