Cottonwood Chronicle Newspaper, December 28, 1923, Page 5

Our Wish to Everyone isa Happy and rosperous New Year 1924 Hoene Hardware “TTONWOOD AND VICINITY Mr. and Mrs. George Medved @ent Christmas with home folks Nezperce. Mrs. James Peyer of Spokane visting with relatives and iends in Cottonwood and Fer- mand. In renewing his subscription the Chronicle William Baune, resident of the Juliaetta dis- ict informed us by letter that ey have had no snow there is winter and that he had been Prowing for two days. Dr. J. D. Shinnick departed turday morning for Water- téwn, Wis., to visit with his aged ther, Thomas Shinnick and his ughter, Margaret, and to at- t@nd a family reunion of the hinnick family. The doctor ibe absent for about two eks, laude Robbins of Arrowrock, pho accompanied by his daugh- , Mrs. Gayle Thomas of Col- x, Washington arrived in Cot- nwood, last week to visit at the me of Mr. Robbins’ mother. rs. Effie Robbins and other re- tives 2nd friends until after ie holidays. syGoffe Eckert and M. A. Pierca lat yesterday morning, supplied With mining equipment to do eir necessary Werk on mining claims on Snake yer. To reach their ey went to Lewiston and from ere will take the boat up ake river. They plan on be- g gone for about two weeks. David Fish, of Missoula, Mon- a, da r of Mrs, R. A. ms arrived in Cottonwood nday evening from Wallace, pho, having gone there to at- d the funeral of his sister-in- lav, Mrs. S. D. Lemeius who ed in Spokane last week. Mr. h is an old pioneer of the Nez- ree section and will visit here th his daughter until Sunday. om here the will return to his me in Montana. THE WINCHESTER develomment | tives and friends. claims | ELE LE LE LEE ELE LEE LLELRAE DEDEDE LED ELEN, REALELAELELER, We wish all our readers A Happy New Year. N. A. Litherland and daugh- ter were visitors in Cottonwood Monday. Mr. Litherland reports that his son, Billie has the measles. Windel Ainslie of Moscow ar- rived in Cottonwood Friday evening from Moscow to spend the holiday season at the Carl Cosand home. Christmas day was a very quiet day in Cottonwood from a business standpoint. All stores were closed for the day. Family reunions, however, and dinners were the order of the day. Mr. and Mrs. William Robin- son of Lewistcn spent Christmas with Postmaster and Mrs. John- ston. Mr. Robinson and Mrs. Johnston are brother and sister. They arrived unannounced. There will be no preaching at the Methodist church Sunday, the regular Sunday ~ school ser- vices will be held as usual. The pastor and his wife are visiting with relatives in Washington. Santa Claus in person called at the Cottonwood post office Sun- day evening for all his mail. His appearance at the post office was the cause of a great deal of fun for many of the smaller children. The dance given Christmas evening by a U. of I. orchestra, was poorly attended. Dancing did not appeal on this evening |and most of the folks preferred to spend the «vening with rela- Mr. and Mrs. George Weber of Uniontown, Wash., arrived Seturday evening to spend the jholiday season with Mrs, Weber’s parents, Mr, and Mrs. Barney Luchtefeld of the Keu- terville section. |=ls0 present at the meeting. | Floyd Church and John Schromm | both of Grangeville attended a |meeting of the directors of the Farmers’ Mutual Fire Insurance {company in Cottonwood, Satur- day. The business of the com- pany is in splendid shape. The company now has $1,000,000 worth of fire insurance policies. J. H. VonBargen of Fenn was STORE _;; ESE SARE PA SEIS IA IES IS EES PE IAA SEE Carl Funke of Orofino spent Christmas day with his parents; Mr. and Mrs. John Funke. Marcus Lies was a passenger to Grangeville, Saturday evening | where he was a business visitor. | Rey. Fr. Martin, parish priest | for the Keuterville Catholic | church returned Friday evening | from a trip to Spokane. Mr. and Mrs. Rudolph Schroe-- | der took the stage Menday for | Lewiston to spend the holidays with Mrs. Schroeder’s parents, O. L. Gleason and family motored to Orofino in their sedan Monday to spend Christ- | | Geo. E. Roberts Tells How Co- | ests at the expense of society as a | organization. | {zation has been seen in Russia, where | and understand each other. | management WHY INDUSTRY IS MISUNDERSTOOD operative Character of Cor- porations Is Obscured. RADICAL AGITATION RESULTS Maintenance of Present Industrial Sys tem Necessary to Maintain Present , Standards of Comfort for All the People, He Says. The modern industrial system is at bottom a co-operative organization, but this fact is obscured by the complex- ity of huge enterprises, George B. Rob- erts, noted authority on business and finance, declared in a recent speech before the American Bankers Associa: tion Convention at Atlantic City, N, J. “The primitive man knew that the harder he worked the more he would have,” Mr. Roberts sald. “When a man exchanged work with a neighbor he had the whole transaction under his eyes. But when a man works with thousands of others for a great corporation he doesn’t see any definite relationship between what he does and what he gets. He doesn’t know whether he is getting a fair share of the industrial results or not, and he suspects not. “The modern industrial system is essentially co-operative,-but you can- not have effective co-operation with- out understanding. Because people do not see the industrial organization as a whole we have the tendency for so- blocs and unions and organizations of one kind and another, many of whom are trying to advance their own inter- whole. The population of this country today could not be supported in the state of comfort to which it is accus- tomed without the modern, specialized Bolshevism in Russia “The extremity of social disorgan- has been enacted the greatest tragedy { in the history of the world. What hap- pened there will happen éverywhere unless there is a development of the capacity of people to work together “In its final form the revolution in Russia was against wht is called the capitalistic system, or the private own- ership of property and direction of in- dustry. The results of the revolution are so calamitous in Russia as to give a check to revolutionary tendencies in other countries. principles of Bolshevism are influenc- ing public opinion more or less every- where. “The motive behind all this agita- The social struggles of the past have been for political equality. Now the demand is for equality in possessions, equality in incomes, equality in the of industriel affairs. There is no argument against the as- pirations of men for better social con- ditions, but radical ideas result from certain economic fallacies. One re- lates to the employment and service of private capital. Men read about vast sums of wealth belonging to indi- viduals, and think of these sums as devoted exclusively to the owners. In fact wealth employed in production for the public market is rendering service to the entire community, no matter who owns it. “The whole radical argument is like claiming that nobody ever got any benefit from the development of the mas with relatives. They return- ed home Wednesday. | Mr. and Mrs. Peter Johann ot | Culdesac were arrivals on the} train Sunday evening to spend Christmas with the John Johann | family. They returned home| yesterday morning. | John Wasem took out yester- | day , in his truck, from the A. H. Nau funeral parlors, funera’ } furnishings which will be used | to bury Mrs. William Spencer, who died Wednesday evening. | Banker W. W. Flint and fam- | ily returned in their car yester- | day from Lewiston, having spent | Christmas at the home of Mrs. Flint’s parents, Mr. and Mrs. OQ. | M. Collins. Arthur Peterson, son Christmas with home folks. He holding a responsible position with the Craig Mountain Lumber company. some time has been located at Portland, Oregon returned home | his wages are spent. of Mr. | and Mrs. John Jeterson, spent | is now employed at Winchester, | Karstein Schroeder, who for) steam engine but the owners of steam engines. Of course, the theory only needs to be stated for the fallacy to be apparent. The man who works for wages is benefited by every investment of capital which increases and cheap- ens the supply of the things for which The Service of Capital “It is a fundamental truth that all productive property,although privately owned, is part of the equipment of so- ciety, by which its wants are supplied. “The progress of the past has been accomplished under the individualistic system. The theory of thie system is that every one shall have for his own, as nearly as may be, that which re- sults from his own efforts. It is a sys- tem calculated to stimulate the initia- tive, call out the energies and develop the ability of each individual. He is free as to his undertakings; there are no restrictions except that he must | seek his own gains by activities that are serviceable to the community as a | whole, and he is inspired to labor, not simply by the desire for personal ad- vantage, but by the desire to provide for loved ones, by the impulse to self- expression, to realize and develop his natural abilities, and by the ambition to achieve, to win distinction and to render service. days with his parents, County Commissioer and Mrs. August Schroeder. Karstein does not plan on returning to the coast but will spend the yinter here. Henry Betz returned Wednes- day morning to Seattle Wash., after having spent twe.weeks here visiting with his parents, Mr .an Mrs. Charles Betz. He was accompanied by John Wagner, son of Mr. and Mrs. William Wagner, who plaus on entering a business college in the above named city. Sunday evening to spen the holi-| “It does not promise equality. Un- | less there is equality 1n production, in | service, in effort, in resolution and in | self-denial, why should there be equal- | ity in the division of results? | | “The justification of individualism, | however, is not merely in what it al- | lows to the superior individual, but in | the results that inure to all. It is in the interest of all to secure the most | effective organization, the most effec- tive management and the largest pos- sible production. These cannot be had by adopting the fiction that all have equal ability for any position, or by ciety to break up into groups and | 4% Yet the economic] . tion is the desire to establish equality. | * ~ seeesetirs Teeteedentendeeteede ie clesie esioeirtioy eReeordecteciontonte ie ea Sots any other system than that whieh judges men Serr estoete merce etercoete sete co toate toetectontentetertoiond See docdectectecteete cect etree clette lente eee ee We wish you all a Happy and Pros- perous New Year BRIGHT bE THE THE DAYS BEFORE YOU ALL THE GLAD NEW YEAR THRU, AND THANKS FOR THE GENEROUS PATRONAGE WHICH HELPED US TO GROW. C. O. PERRENOUD THE PRESCRIPTION DRUGGIST, The Rexall Store Qa Nims’ Pool Hall Cigars Tobacco Soft Drinks and Candies BESS ede Soe The New Year Start out on the new year with a resolution to SAVE more of your earnings and to place the money in our Bank where it will be safe. You couldn’t well make a better start. The year lies before you. own efforts. Start right. Success or failure depend largely upon your Then, no matter how slowly you travel you are at least going ahead and in the right direction. life. perience. Make the most of it. Resolve to make this year the best of your The past is a closed book, leaving nothing but ex- The new year opens a new book of opportunity. We will help you. The First National Bank COTTONWOOD, IDAHO Cottonwood Dray EDGAR WORTMAN, Proprietor DRAYING AND TRANSFER WORK OF ALL KINDS All Work Carefully Handled and Promptly Done COTTONWOOD, IDAHO oe A Happy New Year THAT A FULL MEASURE OF PROSPERITY, HAPPI- NESS, HEALTH AND SUCCESS WILL BE THE LOT OF OUR FRIENDS AND CUSTOMERS DURING THE YEAR NINETEEN HUNDRED TWENTY-FOUR IS THE WISH OF THE OFFICERS AND DIRECTORS OF ae Cottonwood State Bank COTTONWOOD, IDAHO by their individuel qualt- pera none : eta cr ke 08 CEPR Se