Cottonwood Chronicle Newspaper, July 20, 1923, Page 3

NATION REPRESENTED AT FINANCE CAPITAL By FRANCIS H. SISSON Chairman Public Relations Commis- | sion, American Bankers Association. Financial New York is peculiar- ly representative of the whole na- tion, All parts of | the country, the | snfall towns a3 well as the big | cities, have sup: | plied the greater part of the man | power and brain power enabling it to function as the nation’s financial capital. A recent investigation as to the origin of one hundred leading execu- tives in the New York financial dis- trict, showed that no less than sixty per cent were born outside New York State, that no less than twenty-eight per cent were born In towns of 5,000 or less, and only twenty per cent were born tn New York City. The birthplaces of, these men rep- resented Pennsylvania, Ohio, Massa- chusetts, Connecticut, Michigan, Mis-} souri, Illinois, Maryland, Delaware, Vermont, Mississippi, Kentucky, Ten-! nessee, Minnesota, lowa, Florida, Rhode Island, North Carolina, Indi- | ana, Wisconsin, Georgia, California, Montana, Maine, West Virginia, New Jersey and the District of Columbia. | The same situation is true of the| younger men, particularly in the | banks. This reflects more than mere- | ly the attraction of the big city for| ambitious young men. It Is the result of the definite purpose of New York banking to equip itself to perform | most effectively its work for all the} nation. | A brief description of the mechan- | ism of the nation’s banking system | will make. this clear. Many of the! New York banks are bankers’ banks. They are great reservoirs of credit in which banks throughout the country | deposit unemployed funds in New| York. When crop needs in rural dis-| tricts or industrial expansion in man- ufacturing centers increase local re- quirements for money these local banks call in their funds from New York and in addition may ask the big city banks for loans, Country banks frequently deposit as security the notes of their own cus- tomers, often secured, in turn, by farm capital such as ploughs, livestock and other possessions. The fifty thousand dollar note, for instance, of a country | bank in a big New York bank may have attached, as collateral security, fifty or a hundred small notes of a! hundred dollars up to a_ thousand or more, signed by local farmers and their wives. Into one of the biggest New York banks comes in this way | from the South each crop season a small note secured by a plough and a harrow and a mule named “Molly’— an incident that has been aptly de | scribed as “The Minting of Molly.” | It is one among many securing a large | inter-bank credit. | Thus is big banking in New York | brought close to the plain people of | the sofl—thus does it finance their} humble husbandry—and thus has it felt the need of recruiting its officers from among men familiar and sympa- thetic with local conditions—able to visualize the needs of the people there and pass sound judgment on the credit factors involved. It is due to the conditions thus pic- tured that among the officers of New York’s banks will be found represen- tatives from all parts of the nation. | They are the delegates of the peryle at the business capital. F. H. Sisson Why Group Fights Group America is suffering from a lack of economic understanding. It is, there- fore, that we find group arrayed against group—that we find the grow- er at variance with the producer, the producer with the consumer and both | with the carrier, It is because of a lack of economic understanding that we find capital and labor frequently striving against each other. Yet each element is vitally interested in each other for the final succses of the en- tire endeavor—in the farmer growing a prime crop and getting a fair re- turn; in the canner packing a palata- ble crop and getting a fair return; In the carrier transporting without dam- age or deterioration and getting a fair return; in the wholesaler making a wide distribution and getting a fair return; in the retailer satisfying his customer and getting a fair return; in labor aiding each of the processes and getting a fair return; In capital supplying the money and credit to make each process possible and get- ting a fair return, and in the con- sumer receiving a pure, nourishing, dependable, wholesome health giving article at a fair price. There is this community of interest in the pro- duction and consumption of human requirements that should prohibit strife among the producing and con- suming elements.—J. H. Puelicher, | President American Bankers Associ- | ation. / Gompers on Socialism State socialism is repugnant to the American mind for a great many reasons. Americans generally prefer to carve out the future in freedom | They are unwilling to accept the idea of an all-powerful state. [t is the American idea that the people shall order the state and shape its course; | not that the state shall order the lives | of the people, fitting them into niches to suit a bureaucratic card index.— Samuel Gompers. | elent Celtic bell, ANCIENT CEL1IC BELL FOUND Believed by English Archeologists to Have Been Buried for Hundreds of Years. The Celtic festival of St. Bridget was revived recently at Glastonbury, the first time for centurles that the anniversary has been observed. A service was held in the ancient chapel of St. Patrick, at the entrance of the abbey ruins, with Its pre-reformation stone altar, Rey. Lionel S. Lewis, vicar of the parish, and a keen Celtic student, announced that there had re- cently been discovered. in an old oak box from a farmhouse on the moors a curious bronze bell ‘which proved to be identical in construction with St. Patrick’s bell, so venerated in Dub- lin, The British museum authorities pro- nounced it to be undoubtedly an an- According to tradi- tlon, St. Bridget, when she went from Glastonbury to Ireland, left behind a bell, and that discovered has every ap- pearance of being the identical bell | It was wrapped in extremely old linen The “Angelus” was rung on the bell at the close of the service by Mother Eve, superlor of the Order of St. John the Baptist, St. Mary and Ct, Cath- erine. The tone of the bell was very rich and musical.—London Mail. WORK THAT REQUIRES SKILL Efficient Handling of Submarine Ves- sel Calls for Ability of the Highest Order. The commander of a submarine must Me in wait for his quarry, with the nose of his boat pointing In the direction where he expects the enemy’s vessel to pass. Then he has to estimate the speed of the approach- ing ship and her distance and to fire the torpedo at the point where he cal- culates she will have arrived when | the torpedo has finished. its run. A naval officer says: “If any one wishes to appreciate some of the dif- ficulties of submarine work let him sit down under a chart of any por- tion of the seas, suspended from the ceiling; let him punch a hole in it, and above the hole place a piece of | mirror Inclined at 45 degrees. “Let him further imagine his chatr and glass are moving sideways as the effect of tide. Let him occasionally fill the room with steam to represent mist. Let him finally crumple the chart into ridges to represent the waves, and then try to carry out the maneuvers that look so simple when the chart is spread out on the table and looked down upon in the quiet sol- tude of a well-lit room.” Greeting Him Sweetly. We had a dog. I called him “Little Bos He was a great pet. Whenever he wished to come {nto the house he would stand up and rattle the door knob with his paw. One afternoon I heard a fum- bling at the knob, I hurried to the door, but had some difficulty in opeu- ing it. he fumbling became more insistent. “Just a minute, Little Boy,” I called out. “Bad, bad Little Boy, not to wait one Itsy bitsy minute.” I pulled the door open. The janitor gazed at me in blank amazement. He was repairing the sereen.—Chicago Tribune. Bird Brought Calm Weather. Fung, a fabled weather bird, of royal lineage, long-tailed and green of hue, has become one of the valued bits of property aboard the Oriental liner President McKinley, avers Leo Mat- thews, purser. Fung dates his origin back to a family of regal birds of the province of Hunan, China. At any rate, Fung brought summer weather to the last round trip of the liner, Soon after the ship left Yoko- hama the wind rose and lashed the sea into combers. Fung perched on the compass. Immediately calm pre valled and summer skles accompanied the ship through 8,000 miles.—Port- land Oregonian, Couldn’t Quite Place Him. George Arliss never tires of recall- ing an incident which occurred while he was acting the title role in Louis N, Parker’s “Disraeli.” An earnest young lady in Philadel- phia sought out Owen Wister, the novelist, and told hun that she had planned to see ‘Disraell,’” says Mr. Arliss, “but she first would like to read up on him, Here she found herself tn great difficulty. “You see, Mr, Wister,’ she said, ‘T know he is in the Bible, but I'm not sure whether he appears in the Old or the New Testament.’"—New York Herald. | Tracing Migration of Fish. | To get a record of the migratory movements of cod, pollock and had- dock, the United States Bureau of Fisheries plans extensive experiments in the Gulf of Maine. Many of these fishes will be caught and numbered and metal tags will be clamped on their tails. They will then be released to go their owh way, Where they go will be revealed later when fisher men netting the tagged specimens re- port the number und place where the fishes are caught. | Cattle Raising in Africa. Southeast Africa, that parc Included in the British possessions, is reported to be as rich in natural grasses as any cholce part of the world. It is too valuable for the rearing of cattle for slaughter; but it Is predicted that In the next generation Africa will be the greatest cattle-producing country in the British dominions and in 50 years one of the greatest in the world. ] WO RAGS FOR HOOKED RUGS See Modefh Housewife Has Not Facilities for Making Those Once Popular Floor Coverings. The oldtime American floor cover- ing, the hooked and braided rugs, are greatly in demand as the vogue for colonial furnishings advances. The braided rugs now on the market are made in fast colors. Present-day closets and modern methods of liv- ing do not admit of the modern house- wife making rugs. She has no rags. Cast-off garments are sold, given away or remade—never stored away in this day of hurry. The disposi- tion of this surplus keeps the closet shelves bare. Braided rugs must be bought, although the task of braiding and sewing is not a difficult one. Genuine hooked rugs of authentic colonial origin are getting scarcer and scarcer, and though many deal- ers systematically ransack the gar- rets of New England, the supply seems to come exclusively from those people who have been induced only by the high prices offered to part with thelr family treasures, There is a steady demand for these rugs, and those people who handle them for the trade find that they sell readily, and that the best specimens are snapped up in a hurry,—Kansas City Star, NOT WORTH NEEDED EFFORT Indianapolis Girls Refused to Make Physical Exertion Necessary to Pick Up That Dime. A man was stopped a moment the other evening at the southwest cor- ner of Washington and Pennsylvania streets by the press of traffic. He noticed three girls standing at the adge of the sidewalk, gazing silently at the pavement near where they stood. This aroused his curiosity and he stepped over near them and saw a dime at the spot on which their eyes were glued, He advanced with the remark: “Tl, pick It up for you,” to whom it belonged. “Me,” said one of them. Handing it to her, he asked: “Why didn’t you pick it up “Didn't want to,” she answered. “and why didn’t you pick it up?” he asked the second girl. “Too tired,” was her answer. “And you?” addressing the third. “Too lazy,” was the response. “What are your names?” he asked, and was answered, “Jane, Helen and Ruth.” “Well, mine’s Bill, Good-night,” and he sauntered on,—Indlanapolis News. and asked Masked Goats. At the Rowett institute, Aberdeea, Scotland, a number of goats were to be recently seen wearing what ap- peared to be gas masks. The masks were fitted to the horns by elastic bands, and provided with an inlet valve which admitted air, and a sec- ond valve through which the out- breathed alr passed into a rubber bag. The expired air was then analyzed, the amount of heat produced by the animals giving an indication of the quantity of food being used up. The masked goats were being used in a series of experiments now being cur- ried on at the institution in order to throw light on the question of antmal nutrition, and the most economical method of stock-feeding. ‘To Study Habits of Whale. The government of the Falkland ts- lands has purchased the famous ship the Discovery, which it plans to use chiefly for research work in the south Atlantic. The ship was used by Cap- tain Scott for the British expedition to the south polar regions from 1901 to 1904. The chief task for which the Falk- land islands government wants the Dis- covery is to study the habits of the whale, to ascertain the geographical limits of the stock, trace their migra- tions and to form some idea of their numbers and the rate of reproduction. The expedition also will do research work in oceanography, meteorology and magnetism. World's Biggest Gem, What is held to be the largest uncut precious stone in the world Is a flaw- less black opal discovered in this coun- try and now sald to be in the office of a government official in Washington. The gem contains approximately 21 cuble inches, weighs 2,572,832 carats, and is valued by the owners at $250,- 000. The colors are translucent blues and greens with a little red. The famous Viennese opal, which was without .equal until the American specimen was found, weighs 1,658,927 carats, but has a number of flaws. New Australian Capital. Canberra, in New South Wales, was chosen some time ago to be the fed- eral capital of the commonwealth of Australia, and authority for the same was granted to the Australian parlia- ment, but at present Melbourne, capital of the state of Victoria, Is the seat of government and temporary capital. The construction of the federal capitol at Canberra is proceeding apace, and as soon as it is completed that place will become the permanent capital, Successful Miniature Engine. A miniature engine, whose power was generated by the rays of the sun, was successfully demonstrated in an Eastern college recently. A parabolic copper mirror focused the rays upon a test tube of water, the heat caused the steam which in turn operated the tiny motor at a high rate of speed. GEORGE MEDVED Issued Every Friday and entered at Postoffice in Cottonwood, Idaho as second-class mail matter. Subscription one year ................-..$2-00 Six months ........ aottrerenacenencnee 125 (Strictly in advance) ‘ INDPEPENDEN?1 IN POLITICS Copy for change of ad must be hand- ed in by Wednesday to insure change FRIDAY, JULY 20, 1923 ORDER TO SHOW CAUSE ON SALE OF REAL ESTATE. In the Probate Court of Idaho County, State of Idaho. In the matter of the estate of Gerhard Gehring, Deceased. Bernard Gehring, the admin- istrator of the estate of Gerhard Gehring, having filed herein his petition herein praying for an order of sale of all of the real estate of said Gerhard Gehring, deceased, above named, for the purpose therein set forth: It Is Therefore Ordered by the judge of said court, that all persons interested in said estate appear before the said Probate Court on the 11th day of August, 19238, at ten o’clock A. M., of said day, at the court room of said court, at Grangeville, in said county of Idaho, then and there to show cause why an _ order should not be granted to the said administrator, to sell so much or such parts of the real estate of said Gerhard Gehring, de- ceased, as shall be necessary, and that a copy of this order he published at least four succes- sive weeks in the Cottonwood Chronicle, a newspaper printed and published in said county: The real estate described in said petition is described as fol- lows: Lot 4;S% NW and NW, SWY, of Sec. 1, in Twp. 30 N. R. 1 W. B. M., excepting therefrom 1 acre owned by School District No. 73, and con- taining according to the United States Government, survey, 160 and 23-100 acres (less 1 acre) all in Idaho county, Idaho. Done in open court this July 10, 1928. WILBER L. CAMPBELL, 29-4 Probate Judge. NOTICE FOR PUBLICATION. Department of the Interior, U. S. Land Office at Lewiston, Ida- ho, July 9th, 19238. Notice is hereby given that Earl VanPool, of Spring Camp, Idaho, who, on June 30, 1919, made Additional Stock-raising Homestead Entry, No. 06810, for SWI, Sec. 28; SEI, SEA, Sec. 25, & NWY% NEY, & Nis NW\,, Section 26, Township 29 North, Range 8 West, Boise Meridian, has filed notice of in- tention to make Three-year Proof, to establish claim to the land above described, before the Register of the U. 8S. Land Office, at Lewiston, Idaho, on the 21st day of August, 1928. Claimant names as witnesses: William A. Spivy, Archie B. Davidson, Heeman L. VanPool, David F. VanPool, all of Boles, Idaho. HUGH E, O’DONNELL, 29-5 Register. NOTICE OF SALE. Notice is hereby given that on Monday, July 28, 1928, the un- dersigned will sell the following described animal to satisfy a lien for feed: One red spotted cow with white face, about four years old, branded big circle on left side, underslope in left ear. Said sale will take place at the hours of 10 o’clock a, m. of said day one mile northeast of Boles, Idaho. Mrs. Roy Unzicker, 29-2 Rice Creek, Idaho. NOTICE OF ESTRAY SALE. Notice is hereby given that I have taken up at the Jacob Reidhaar farm five miles south- east of Greencréek, one black gelding, about 7 years old, weight 1100 pounds and branded | HL (connected) on left hip. Said | animal came to the Reidhaar place about December 1. I will offer same for-sale to pay feed bill and charges on Saturday, July 21st at 10 a. m., to the high- est and best bidder for cash. Frank Arnzen, Constable 28-3 Greencreek Precinct. BOTTLER’S SUPPLIBS— High grade malt, caps, cappers, cooperage, ete. Send for our illustrated catalog. Haner Sup- ply Co., Lewiston, Idaho. 29-3* WANTS, FOUND A FOR SALE—Rolled wheat. Vollmer-Clearwater Co. 24-tf reed tance a mick combine in good shay A W. Blackburn. PSo-tf FOR SALE—Team of horses weighing 2540 pounds. Cossand, Cottonwood, FOR SALE—Range in good condition. Cheap if taken at once. Ben Bieren. 29-2 FOR SALE—25 cords of wooa 4 miles from town in the woods. T. Clark, the junk man. | 28-4* FOR SALE—16-inch © slab wood at our saw mill. Hussman Lumber company. 27-1 FOR. SALE—8-foot McCor- mick binder in good shape. Jos. McDonald, Fenn, Idaho. 28-3 FOR SALE—80-inch Altman- Taylor separator, practically new has not run more than 50 days. Clem Wassmuth . 29-4" FOR SALE—One second hand McCormick combine harvester. Bargain if taken at once. Inquire at this office. 29-2 FOR» SALE—1 McCormick binder in good running order. 4 Duroe-Jersey registered sows. St. Michael’s Monastery. 27-tf D FoR FOR SALE—Deagan Three Octive “Drummers Special” Xly- phone. Write Frank R. Johnson, Kamiah, Idaho. Box 406. 28-8 FOR SALE—One Monarch tractor 18-80 H P. Cheap. In- quire Alexander-Freidenrich Co., Store, Grangeville, Idaho, 28-4 FOR SALE—At a bargain a new 9 foot Deering Combine harvester and thresher. Write Butterfield Elder Implement Co., Moscow, Idaho 80-2 FOR SALE or Rent—Modern 8 room house with bath and full basement, garage and chicken house. For further information call at the Chronicle office. 28-tf FOR SALE—Lawrence grain bin, size 14 feet square. Can be made any height up to 10 feet. Inquire at this office or Henry J. Schaeffer, Ferdinand, 30-4 FOR SALE—Yellow pine, red fir, white fir, tamarack lumber of all kinds at my mill near Keuterville. Chas Poxleitner, Keuterville. 24-tf FOUND—Bye glasses on road to Keuterville. Call at this office. FOUND — Rosary on Main street. Call at this office. 30-2 FOUND — Laprobe _ between Craigmont and Winchester on the morning of the 5th of July. Owner can have same by deseril)- ing property and paying for this ad. Call or write Chronicle. 29-4 LOST—Lasso rope. Finder please notify Vincent Duman. 2 FARM WANTED—Wanted to hear from owner of farm or un- improved land for sale, for fall delivery. L. Jones, Box 365, Olney, Ill. A ~ 80-1* WANTED—8 Gangs Sawyers 'to eut logs contract, nice heavy four log timber. Must be able to file and keep up own saws. Men with own tools preferred. Where necessary we will rent tools. Price $1.20 per M feet. $1.80 per M fir and tamarack. Craig Mountain Lumber Company. Winchester, Idaho. 80-1 WANTED—8 bundle wagons with teams and drivers, 2 sack sewers, four pitchers. Going out with cook house and complete outfit. 80 days run. At the end of the season’s run will divide profits on 50-50 basis with crew after owner has made $50 a day after all expenses are paid. See or write me at once. Burley Clayton, Fenn, Idaho. 80-3 WANTED—Logging contrac- tor within the next ten days, a good reliable experienced logger. Must have at least six good teams, as timber is heavy, about four logs to M feet. - Horses should be 1600 pounds or better. Can furnish necessary skidding equipment except harness where necessary. Will furnish good camp and barn. Will furnish hay and oats at cost. Expect job to last thru fall and winter. For further particulars address, Craig Mountain Lumber com- pany, Winchester, Idaho. 30-1 DR. J.-E. REILLY Dentist Office, Nuxoll Block Both Phones DR. J. D. SHINNICK Physician and Surgeon Office over Cottonwood St. Bk. DR. WESLEY F, ORR Physician and Surgeon Office in Simon Bldg. Both Phones DR. C. SOMMER Graduate License VETERINARIAN Deputy State Veterinarian Residence North end of towa Both Phones POPPI IOSEOOSEESOOEEGOOD KNIGHTS OF COLUMBUS Cottonwood Council, 1889 Meets the first and third Vednesday of each month, Visiting knights welcomed George Terhaar, G. K. Barney Seubert, F. S. KNIGHTS OF PYTHIAS McKinley Lodge No. 38 Meets every Tuesday evening. R. M. Matthiesen, C. C. John Homar, K. R. and 8, FELIX MARTZEN Secretary Treasurer COTTONWOOD N. F. L, A. If it is a loan you want we can accommodate you. 5% per cent for farm loans, Insurance in the Northwest- ern Mutual.—the policy holders company with a clean record and insurance at cost, The less fire the less cost. The more fires the more cost, Every policy holder can cut down cost in a mutual by care- * fullness and fire prevention. Rooke Hotel Has neat clean rooms at 50c and 75c per night or $8.00 to $8.60 per week. When you are in Cottonwood give us a trial. “Dad” Rooke, Prop. JOHN REILAND CONTRACTOR & BUILDER Estimates furnished om ‘any class of Work. Repairing promptly done. | GOOD VE, Service Station E suppose are a sensible buyer. Wewantyour business. Therefore, we sell Goodyear Tires — famous the world over for their fine performance— and wegivestandard Goodyear Service on every Goodyear Tire wesell. That tireand that service are all we can give you— but nobody else can promise half somuch and live up to it. As Goodyear Sercice Station oho sell oat — - ¢ new Goodyear Cords with the All- Weather Tread and back them _up with standard Goodyear Si JOHN HOENE 5 GooD* YEAR ee ee