The Gate city journal., January 13, 1922, Image 6

l*
CONDENSED STATEMENT
W e buy fo r C A S H and Sell fo r C A S H
Our entire stock o f merchandise ha3 been marked
down. People are surprised at the low prices we
are offering.
Here are a few of the Bargains
WILSON BROS. CASK STORE
Nyssa, Oregon
lo ta o i
iocaoc
lo n o i
Those perfect In spelling during
the past month are: Binary Baird,
Ada Blaylock, M ary Carter and Ash­
ford Fields.
The Source of Supply,
“d wonder what’s the matter with
the poet-:?" temarked the editor o f
the Chiggersville Clarion.
"1 thought they pestered the life
out of you iby sending In contribu­
tions."
“ They do, but I’ve run out of
stamps and I have a dozen import­
ant letters to mail.”—Birmingham
A ge 'Herallli.
lOOOC
1300
ALEXANDER’S
REA DJUSTMENT
SALE
W E are convinced there will be revision
in prices of manufactured goods and are
backing our judgement by selling
M en’s and Y oung M en’s
Suits and Overcoats
$18.75 $24.65 $29.85
for Suit« and Overcoats for Suit« and Overcoats for Suits and Overcoats
reduced from $25.00 and reduced frem $30.00 ar.d reduced from $35.00 and
$27-50
$32.50
$40.00
High School Long Pant Suits
Ages 14 to 20 years, made like the big fellows
clothes. Sale P r i c e ................................
$ 14.50
Sweaters, Wool Shirts, Dress Shirts, Shoes, Hats and
the many present day needs all included in this.
REMEMBER SPECIAL SALE=
ALEXANDER’S
One Price Clothier
ONTARIO and VALE,
30X301
?
1 0 (3 0 1
o f N y s ta , O re g o n
A t the close o f business Dec. 31, 1921,
OREGON
10C30C
10301
M
I have been throwing the incredible
figures at your head. Neither you nor
anybody else hus the faintest concep­
tion of what one billion dollars really
la. We speak familiarly of billions as
a commonplace, but most of us live
our lives In terms of hnndreds.
I have shown you that every one
of us, mau, woman and child, In this
country, paid last year $33.77 each
toward the support of the government.
Of course, every person does not pay
exactly $53.77.
A great many pay
more and some pay less; but those
who pay the most try to take It out
of those who pay the least by Increas­
ing the prices of what they have to
sell, or of services rendered or work
performed, so that It averages out at
$33.77.
Some pay more than their
share, others pay less. This Is called
an Incident of taxation. The whole
point Is that we all pay; that we pay
now more than we ever puid before;
and there Is no present prospect of our
paying less for some years.
In this way we have all paid our
share In the World war. The net cost
of that enterprise to date has been
$24,100,000,000, or, including our loans
to foreign governments, which have
not been repaid, $33,455,OOO,000. These
are official treasury figures.
Do not
let your eyes run over them lightly.
Thirty-three billion four hundred and
fifty-five million dollnrs Is an almost
Incomprehensible sum.
The cost of
running the national government is
now around $5,000,000,000 a year. The
experts say that for the next two or
three years the cost of the government
will not descend below about $4,000,-
000,000 a year.
I want you clearly to understand the
Immensity, the magnitude, the over­
whelming size of such sums. We
chatter about billions nowadays with­
out In the least knowing what Is a
billion. Let me try to bring It home
to you. It Is now, roughly speaking,
1020 years since the birth of Christ.
Wo do not know precisely and accu­
rately at what hour and on what day
Christ was bom. But under the Gre­
gorian calendar, according to which
we now reckon time, we have a
record of the days since January first
of the year oue, Anno Domini. From
the beginning o f the year one to Jan­
uary 1, 1921, there elapsed about 701,-
267 days, or, to reduce It further,
16,830.408 hours, which being reduced
again, means 1,000.824,480 minutes.
I will ask you to remember that the
whole history of the modern world
from the first second of the year one
to the last second of the year 1020
has been compressed Into 1,000,824,480
mlnutei.
Now let us suppose that with the
permission of the Roman authorities
the United States had established a
disbursing officer at Jerusalem o.i the
first day of the year one with instruc­
tions to pay out $5 n minute day and
night, Sundays and holidays Included,
right down through the centuries to
New Year’s day, 1921.
Suppose he had been given $5,686,-
005,706 to start him on ids long spell
of spending. That Is one estimate of
the sum that It cost to run this gov­
ernment in 1020
On the morning of
January 1, 1021. this mythical disburs­
ing officer, giving money away at the
rate of $5 s minute, would have spent
only $5,049,122,400, and would still
be one of the richest men In the
world, for he would have left on
hand $63(1.888^06 of the original sum.
Faying out at the rate of $5 a minute
for more thnn 1900 years, he would
not have kept pace with the cost of
upkeep of this government for the one
single year 1920.
Suppose this Imaginary government
spender had been authorized to pay
out at the rate of $23 a minute through
the centuries.
He would not have
finished, on January 1, 1021, paying
for our share of the cost of the World
war by some $784.036.960. He wou'd
have that much left over after paying
out $23.225.063.040. He would have be n
paying out nearly 40 cents every sec­
ond the clock ticked for more than 10
centuries without being able to d s-
ohnrge our share of the World war
cost.
L IA B IL IT I ES
RESOURCES
Loan* and Discounts
$258,581.19 Capital Stock
Overdrafts
326 85
Surplus and Profits
Banking House, Furniture
and fixtures:
10,495.27
Re-discounts,
Liberty Bonds $3,722.50
School District
Bills Payable
Warrants
20,870.36
Deposits
24,592.8«
58,327.08
Cash and due from Bank«'
V.
Come in and compare our prices with prices else­
where— We can save you money by trading at home
Laura Whipple has been absent
from school this week.
Thoee neither absent nor tardy to
the laecond
grade
were:
Louise
T’ ouet, Olive Hunter, (Donna Cook.
Lydia Baird, R jy Ashcraft, K e n t»'
Chapman,
Pete
DeBoer,
Chester
l'vunis, How rd Foster, Glenn Green,
Gilbert Hillman, Hubert Lesiok, Max
Kchweizer, Douglas IBenton, Roder­
ick Stufobs, I oroy Teutsch, Dicky
Tensen and L e e Weldietniann.
The first and iseconiii gradee are
By EDW ARD G. L O W R Y
Author “ Washington Cloao-Upa," "Banka and
Financial Systems." ate. Contributor Political
wad Economic Articles to Leading rtncxiicok
and a Writer of Reeogniz 1 Authority on the
National Gosarament’s Business Methods.
M A LH E U R CO U N TY B AN K
IRVING TO BE
OIINTY ASSET
— ANOING D AIRYM EN’ IN M AL-
ftllK
lOOUNTY D1SOISSED—
■ i s S A AN D V A L E I O R A ISE
".O O O
E AC H A N D
O N TA R IO
.OOO IS DECISION A T M EET-
ti W ED NESD AY E V E N IN G
$362,323.11
$352,323.85
MAGNITUDE OF BILLIONS
WATCH OUR WINDOW FOR LOW PRICES AND BARGAINS
re inning work on ‘T o m Thumb’ s
Wedding,'' to be given in the Litoer-
y Thm eitre, Friday. Feb. 3.
A number o f the second grade tu-
vl'S have been absent irately on ac­
count o f ohdeken-pox.
Glen
Zink
received
the prize
Chris* mas tree given to the best
speller In the fourth grade.
Those neither abfient nor tardy
(his month are: Mary Carter, Mar-
sare* Hunt, M arie Hunter, Catherine
Leu k, N ot vi lie Lguck, AJf Lund-
gren, Bucenii L.mdgren, George Re-
berger, Stanley Scihneiter, Robert
Toombs, iWllUnm PetteL
How Uncle Sam Spends
Your Money in Conduct­
ing Your Business
CosrrWM. w Mt.ru N .w .p »p «r U«ion
Silks per yard - - $1.69 to $4.50
Oil Cloth, per yard . . . .
37c
Men’s collars, each . . . 17 l-2c
Army wool shirts, each . . J3.48
Army wool sox, pair . . . .
30c
J. P. Coat 150 yd. spool cotton . 3c
Ball Band rubber bo' ts . . S ;.50
Men’s all wool Munsirg under­
wear union suit . . . .
$4.50
Part wool union suits . . . 2.75
NYSSA SCHOOL NEW8.
(continued from first îxage.)
W h ere Y ou r
Taxes G o
1 T H E S IL V E R T E A , JAN.
AND J A R LOOSE I ROM A
N IC K E L S F O R T H E HENE-
OF T H E L IB R A R Y .
M
...O F ...
OFFICERS AND DIRECTORS
H. J. Ward, President
*
John Ray. V ice President
J. P. Dunaway, Canhler
O. G. Bauer, Assistant Cashier
committee, representing th..
H n g Commercial Club, consisting:
of
auk D. H all, C. F. Eder, Dr.
Come to us fo r information or cv>u nse| w herever you feel that cur ■
a . Nixon,
J. P. Baxter and |
assistance ur experience wi II be cf any value to you.
Jahies A. Demam, Jr., met with
the Ontario Commercial Club for
the purpose c f discussing the War
Reaeise
District
No.
1
2
Charter No. 168
l a n c e plan o f aiding the tarmers
R E PO R T OF TH E CONDITION OF T IIE M A L H E U R COUNTY i r j raising money with which to buy
J. F. Reece
G- L. PM lllp«
J . J. Sarazin
j
HANK
a*. Nyssa, in the State of Oregon at the close o f business December 31, 1921
RESOURCES.
1.
6
.
9
10
11 .
!2.
16.
Loans and dizcouuts, including rediscounts shown in item 31,
$258,581.19
326.85
Overdrafts, secured and unsecured----------- --------------------
U S government securities owned, including thoee shown in
items 31 and 36, if any.......... .............. - ------ ----------------- ------
8.722.E0
Other bonds, warrants and securities, including loreign govern
ment, state, manicipai, corporation, etc,, including those aliown
in items 31 and 36. if any-------------------------- -------------------- 20,870 86
Banking house,$6046.57; furniture and fixtures $4448.70____ _—
10,496.27
tbi Amounts di e from banks, bankets and trust companies
designated and approved reserve agents o f this bank----------- 37,968 06
Checks on banks outside city or town o f reporting bank and other
cash item s------------------------ -----------------------------------------
19 C6
Exchanges for clearing houre and items o f other banks in the
same city nr town as reporting bank------ -------- ------------- --
9 50
Cash on hand in vault---------
-------------- ---- ------------------- 11,408.71
Total cash and due from hanks, items 8,
10 11 ard
12..................... .. ............................................ $49,345 33
Other assets, if a iy collections-------- ----------------------------
8,982.35
$852 323 85
L IA B IL IT IE S
Capital stock paid in____________________________________________ $ 25,000 00
Surplus fu n d _____________________________ ______________________ 26,000 01
(a) Undivided profits________ ________________________ $5,t>86.99
U ) Lass current .xpenses, interest and lazes paid__
5,686 99
D E M A N D DEPO l i b , o her than bankB, subject i o n serve:
24. Deposits due the State of Oregon, and deposits due county or
cities and other public funds.. _______________ ______________ 10 187 67
Individual deposits su ject to check______ . . . ________________ 146 794 10
Cashier's checks of this bank > ut»tanning nayaule on demand— 4,629.t'2
Toial of demand deposits, other th n hank de
po its. subject to reserve, items 24, 25, 26 27
and 28 ....... ....................................................... $161.610.79
T IM E A N D SA V IN G S DEPOSITS, subject to reserve and pay-
ab.e on demand and subject to notice:
29. Time certificates o f deposit outstanding_____ ________ ___ _____ 106,126.07
Total o f time and savings deposits payable on
demand and subject to notice, items 29 and
30............ ......................................... ...................$105.126.07
32. Bills payable with federal reserve bank or with other banks or
trust companies................... ................. ................. ................ 80 000 00
T otal............................................................. .............., ................$362,323.85
State o f Oregon, County of Malheur, ss.
1, J P. Dunn&way, cashier of the above named bank, do solemnly swear
that the above statem ent is true to the best of my knowledge and belief.
J. P. D U N A W A Y . Cashier.
CORRECT— Attest: H. J. Ward, J. J. Sarazin, G. L. Phillips, Directors.
Subscribed and sworn to before me this 6th day of January, 1922.
E. M. BLODGETT, Notary Public.
My commission expires Dec. 7th, 1924.
WEDDING A T PARSONAGE
Married, Friday evening, January
6, at the Meriiwdlut parsonage, this
sity-,1 Arthur W. Confer, anil Mrs.
chi rah A. 'Pierce, 'both o f Nyssa toy
:toe pastor, >C. E. Wharton.
Their
n. ny friends wish thorn a long life
of hap pin as and prosperity.
The
happy couple
xipeet to make their
home In Mountain Home, Ida.
E 8 TR A Y E D STO C K
One red heifer, 2yrs. old, branded
slash across right h'p and under-
d o p e in right ear.
Owner may
have same by paying for this add,
if taken immediately.
Taken up
toy Jim Smith at Sheffield ranch. 3t.
Another good thing atooiut living In
a garage is that you can always let
the baby cut Its teeth on a tire —
Ice harvest is the bufiSasOs o f the Dallas News.
week in the Kolony.
A ktrge orew
are at work at the railroad bridge
P U B L IC S T E N O G R A P H E R
cn the Owyhee. 10 inch ice Is
Phone 20
being secured at that point.
G A TE C IT Y JO U R N A L
P. I. iSipeer, o f Apiple Valley, was
A telephone pole never hits an
a Nyssa visitor Thursday.
! auto except in self-defense.— Toledo
------ ---------
-■
Blade.
The old-fashioned girl* showed In-
dlvidualtty, hut the latter-day girls
show most every: ring else.— Scotts-
rille (K y .) Citizen-Times.
PUBLIC
T
’
----->--■— i— ’-
,
THEATRE NEWS
-
C L A M A N & C LA N TO N
The
High
STENOGRAPHER
Phens 20
uijje .
Auc­
tioneers
We offer you a successful ex-
perience In conducting public auc­
tions of all kinds.
W e sell Anyg-
tb 'n g ;
We
go Anywhere.
For dates, Phone or W rite—
At
L IB E R T Y
The
TH EA TR E
J- W . Clanton,
Phone 962
Do you ever bother your head about Saturday January 14th
Constance Talm adge, in
these bushels and bushels of dollars
“T W O W E E K S "
that you contribute to the support of
the government? You earned them.
Toon,'tvilie Comedy
You know whether they cnnie ms ly or
"Th e Skipper Strikes it Rich”
not.
Do you know where they go
P IC T O G R A P H
after they leave you how they are
10* and 2 5 f
..
«pent, whether wisely or foolishly?
Sunday. January 15th.
It’s all your money, contributed for the
proper and economic conduct o f your Bebe Daniels In T H E M A R C H H A R E
Comedy, “T h e Beauty Conte#.”
business. There Is no such thing as
government money. The government
Pathe Review
never earned a cent
1 0 c * ana 2 5 i
Yon own the government and yon Thursday, January 19th,
support it. and It Is merely adminis­
Jack Hoxie, in
tered by men of your selection.
I
D E V IL DOG D A W S O N
have always been puzzl d about why
Hank Mann Comedy,
you do not take an active and eager
“JU N K "
’nrsrss- In what becomes of yonr
Path# News
money that yon pay In taxes.
Bnt let’s go on end get down to
10* “»«■ 25*
oases.
M
Payette, Idaho.
p. o. Box 395.
G. W . Clanton, Nampa, Idaho.
Phone 562
♦♦see********************
! Z. W. TAKAHAKA
Home Remedie«,
all ki«
First CI i m Chocolate
Candies.
School Supplie«
^
y cows. ”
a*
[t Is
necessary
fo r
Malheur
inty to raiso an initial sum of
00 to take care o f Its appor-
jment of the
money
to be
led toy the several ¡»u n ties which
behind the loan association,
o f this amount, Nyssa’s part
H $1000
This, If done in the
the Ontario Club did, 1* to be
(scribed toy the business men,
I advanced to the local assocla-
n.
A t the meeting at Ontario.
I local men subscribed $850 be-
e the meeting adjourned.
J Jpace w ill not permit us to give
f » ! l details of the Plan a* outlined
the meeting, but the matter will
discussed at a m eeting o f the
_ las Commercial Club, to be held
In the near future; and a more
irougb explanation o f the W ar
jance plan for the dairymen vlll
S p e a r In a future Issue o f th*
journal.
THE NYSSA SCHOOL j
Iklgll ociiooi
High
graues
in the
High
-ooi tor the semester ending jan.
, 1*3$: 3 A » and oue B, Rdfiy
ad*w, Gladys L airison ; 2 A s
,u i o s , Paul Davis; 2 A s and
i
i> g Annette Blodgett, Francis
linget/oerg; 1 A s and 2 B ’s, Ag-
ig ULver; 4 B'e, Cherald Uroen,
jfcunie New by; 3 B ’s, Frank teher-
od,
Robert
Closuon,
Thelma
■ iom p sou , P ow ell Simmons, Char-
lit Shaffer.
| T h r e e freshmen, Fern Nowby, Vi-
Ne.vby> and Ashley Poust, have
l i f t school this week because they
a le m oving away.
Freshman Party.
I Last Friday evening at 7:20 tht
Freshman class met at th * home oi
Olierald Green, and were in tht
lidst o f a good tim e when tht
imainder o f (the
H igh
Schoo
■opped in for a visit.
They hm
m ore than tim e tothink unti
clever freshmen slipped o ff ti
home of
Adolph
Schneiter
die the others w ere walking ou
W alters’ in pursuit of them, th
ien were having a great tim
lling ta ffy and eating popcorn
ie little bird told the class«
it the freshmen w ere at th
ihnelters', and they surrounde
le house with noise and laughter
lilt a bonfire, and played R ia l
mnd-th e-Rosie, until the fresl
in proceeded home.
I f you think we aren't learnln
lythlng in the H igh School, llste
some o f the brilliant p.nsvei
ind on last week’s examinetto
tpera; “ A hyphen is needed I
iparat« two
words
which
yo
'ant to separato and can't.”
"A n abyss Is a sore on a horse
[boulder often caused by an 11
ttlng collar.”
‘ ‘A biography Is the etory
lomebody's life written by omeoi
die besides the person who It
rttten by,”
¿ p a il Eireann was repeatedly 1
as an
Irish
revolution!
the Matterhorn was anythli
im a representative to the A n
it Conference to a Germi
tlst or a Greek God.”
In adejquate program o f pu
| education fo r the present d
age must set fo r its achlei
bt three deflnate, but clow
objectives.
First, essent
nentary knowledge, training ai
fitetpilna.
Second. C Iv c Intel
». and responsibility.
Thli
upetionel economic lntelllget
^nd efficiency.
"T h is program must seek 1
chlevasnent o f every one o f tht
D U 1SC
m _ :
i m i h
'M
■■
h
a» 1 1 1 1 11
h
*+