davidaulloa/AmericanStories huggingface dataset:
Phillips County herald., 1924-05-15

respective deposits, to pay the losses
incurred by failures. For time all
went well. The prosperity incident to
the development of territory, recently
opened to settlement, prevented fail
ures. But the dchation of 1920192l
brought about crisis in the guaranty
system of Oklahoma. In November.
1921. the failure of the Bank of Com
merce OF Okmulgee brought the csti-
mated total liabilities OF the Oklahoma
Guaranty Fund up to 81, 3,354 900. Guar.
anty fund warrants drew per cent
interest. under the law which then
existed. and this meant that the inter
est charge alone. on these outstanding
warrants, amounted to two-thirds of
the maximum possible annual assess,
incnt.
Failure and Repeal
Other banks failed in the following
months. and the plight OF the State
guaranty fund became hopeless
State banks surrendered their state
charters and entered the national sys.
tenn. BY January. 1923. deposits in
Oklahoma state banks were only
s7S,O00.OOo. only half the total of No.
rember. 1921. This was the condition
when the state legislature convened,
and. after various attempts to relieve
the situation by one OF several expe.
d'ents. the law makers repealed the
guaranty sections Of the banking law
This is the story of the Oklahoma
bank deposit guaranty, which was
born. lived and died in the brief space
nf fourteen years. In that time the
oklahoma plan was adopted, with
some notifications. by seven other
states. In none OF these has It been
abandoned as vet. In every instance
u has been subjected 10 severe strain
and in most of them the question OF
whether or not the guaranty fund can
nay existing obligations is somewhat
doubtful My own state. Nebraska.
am thankful TO say. is not one OF
these
The guaranty Of bank deposits failed
in Oklahoma and is threatened with
failure In other states because Il was
not what II pretended to be. and
furthermore, because II violated sound
economic law The so-called guaranty
Is not. in any state. what its name i'm
plies II is not In fact a guaranty. II
is an insurance plan dependent. as are
all insurance plans. upon the sunlci
ency OF the premiums which may bC
paid. Experience has proved that the
Phillips County herald., 1924-05-15
ART EXHIBIT
Elementary School Building, in the
Afternoon
France Should Restore
Her Mulberry Trees

Some years before the war, II you
wandered through the vineyards and
fields of Indian corn in the lower
Rhone valley, you could see that be-
tween the vines and between the corn
there were mulberry trees. These
trees were never allowed to bear fruit
and they were grown exclusively for
their young leaves, which served to
nourish millions of silkworms for the
looms OF Lyons.
Today almost all these mulberry
trees have disappeared. They had be
gun to 90 before 1914, for it was found
that cOCOonS could be imported cheap
er from abroad than the worm could
make them in France, and the trade
gradually disappeared. The cost OF
transport and the fall of the franc
have now combined to make It a very
profitable business to breed sllkworms
once more, but the mulberry trees
have been cut down and II will be IA
year or two before they will bear
enough leaves TO enable the country
to reduce Its importations OF silk.
They certainly added charming
note Of green To the rather arid pro
yencal landscape, and on esthetic
grounds the decision of the govern
ment to encourage their replanting by
subsidy would he welcomed. Mis-
tral, II viii be remembered, has some
charming pages in "SIlrelle" where he
described the sllkworm culture
London Observer.
Phillips County herald., 1924-05-15
THE TIMID BORROWER

I'D like to borrow $50 to buy a COW
saw yesterday" said farmer TO the
cashier OF country bank
The cashier hesitated. mo. | can,
lend you $50 for a COW. but I'll let
you have 500 or 3l25."
Astonishment was written all over
the face of the man seeking funds.
why. can't AFFORD 10 pay that
amount for COW. I'm rather hard
up Just now"
"it you can AFFORD 10 buy COW al
all. you can AFFORD to buy good COW
instead OF poor one" replied the
cashier. Then he proceeded to ex.
plain just why high. priced COW was
cheaper than one costing only $50.
fThe average COW. producing about
Phillips County herald., 1924-05-15

1856 pounds OF butterfat valued at
cents a pound, earns sS2 as a yea
gross income" he said. "Deduca
the cost OF feed leaves a profit OF d
$40 TO {l2. and does not take into
count the labor involved, deprea
tion, and other overhead expend
Now can you honestly afford to
this kind OF cow A 500 or Il
COW will produce 800 to $50 poaj
OF butterfat You can figure the a
It's for yourself"
Convinced OF the prohtablenea|
Investing more money In a COW,
farmer left the bank with the N
In his hands. He started payins
the animal with his first milk eA{
One half OF each milk check wer
the bank 20 pay on the indebted
while the farmer retained the
mainder for his expenses.-Bds
Farmer.
Phillips County herald., 1924-05-15

premiums are not Suiuclcut anu ye
the insured canno. afford to submi
to higher premiums. Conceived il
economic sin, born in the midst O
economic iniquity. the bank deposit
guarantee in Oklahoma went the way
OF all similar attempts TO overcome OF
defy the natural law OF economics
And yet we have today in the Con
gress OF the United States a Repre-
sentative of the State of Oklahoma
who will-if he has his way-foist this
iniquitous. impracticable system upon
the National Banking System.
Integrity Cannot Be Legislated
The fundamental difficulty with the
insurance OF bank depOsits-to applI
the correct name-is that it is an at
tempt TO create integrity and financial
ability by legislative act. Depositon
in many instances were invited to ac|
cept. as their principal assurance a
safety. a gilded sign upon the bani|
window. This bank protected by ths|
state guaranty fund" This protecI
lion. 1t has been proved. was not ade
qnate: mere words were not goclI
substitute for individual responsible
ity. supported by stocks of gold or cwI
rcncy No longer was there a pr4
MUM upon the character of the banL
er; no longer did depositors feel thi
necessity of giving preference to ms}
Of character when they selected thef
banker They felt that the guarant
fund took the place of that But u
guaranty OF bank denosits in OH
homa failcd-as all efforts to subs
tnte governmental dictum for integrt
and ability must fail
Phillips County herald., 1924-05-15
COW ScALPERS

In Wisconsin the State Bankers
ISOLATION is employing man to q
his entire time 10 the agricultui
work Of the association. His ma!
activity is along the line OF market
dairy cattle He is constantly In tou
with the stock for sale in all parts
the State and is In position to rel
a prospective buyer to stock OF d
breed and quality desired. He
the assistance Of reliable field nj
who are good judges OF dairy catd
There is no need for any farmer
fall into the hands OF unscrupul1
Cow scalpers" II his bankers will d
take an interest in helping him
make the right kind OF eonnectlon,|
BdHker-FGrmer.
Phillips County herald., 1924-05-15
Light Bread

Good morning. said an old lady,
entering n bakers shop. Permit me
10 compliment you on the llghtness
Of your bread"
The baker rubbed his hands and
smiled beniEnly.
Thank you. madam!" he said. ut
Is my aim to bake the lightest bread
in this town"
And you do IT," said the old lady.
IF 1t gets much lighter It will take
two of your pound loaves to weigh
sixteen ounces :"
Phillips County herald., 1924-05-15

Mr.. and Mrs. W. Z. Douhan spent
Sunday evening at the C. P. Sandy
home.
H. E. Harms and family spent Sun.
day at the W. Gansemer home.
c. Biesemeier and family spent Sun
day at the c. y. starkebaum home.
Mr.. and Mrs. Sandy spent Sunday
evening at Fairfield.
Miss Belle Brown and Fred SceboId
took in the show at Holyoke satur-
day evening.
Miss Arminta Spry was a visitor at
the d c Brown home Friday.
Don't forget the play The Voice
OF Authority" given at the Paoli
School house basement, Friday even
ing, May 18th.
Mr.. and Mrs. Chas. Dlekey were
visitors at the Chas. Spry home sun
day.
Mrs. Chas. spry has been on the
sick list the past week.
Rev. Bear preached a fine sermon
last Sunday at the Presbyterian
church.
Mr. and Mrs. NJ. c. Myers aud son
Cecn. were dinner guests at the F.
McMahon home Sunday.
Mr. and Mrs, Frank McNlahon were
in our city last Saturday.
Mrs. c. F. seholls was caller on
Mrs. Frank Mcmahon Monday.
W. S. Marcum motored to Haxtun
and Holyoke Saturday
Mr. and Mrs H. a. Flaker called on
Mr. and Mrs Fred Wells Sunday.
Mildred Wells and Alta Gansemer
l visited with Florence Birchett Sat
urday afternoon.
Francis Mcmahon visited with his
parents, Mr.. and Mrs. Frank McMah.
I on, Sunday
Mr. and Mrs John Boyd who live
IN Yuma county entertained the fol.
lowing paolI folks last Sunday; MIR.
and Mrs Lee Boyd and family Mrs.
Cecil Pope and children, Ma. Nina
Ford and children, Ernest spelts and
Cleveland Harding
Since the now pastor commenced
his duties here the attendance at tho
different church services Of the Pres.
byterian ehueh has noticcably insreas
ed
Mr. and Mrs. o. r Butte and family
and Mr. and Mrs. " Ganaemor and
daughter visited Mrs Peter Gansemor
Sunday afternoon.
Mr.. and Mrs, Otto Butte and fam.
lily motored 10 Ilolyoke Saturday.
The Pa1ll School win close for the
term on MaY 23rd.
Phillips County herald., 1924-05-15
Lucky Samoan Natiues

The possession Of American Samoa
is guaranteed 10 the natives forever
by the government OF the United
States. Opium, alcohol. patent medl.
cines and commercialized drugs are
prohibited and medical service is sup.
piled free.
Phillips County herald., 1924-05-15
Whistler Sighted

American artists are lncensed at
what appears to be discrimination on
the part OF the French who have rele-
gated 10 a small Paris museum WINS
tiers famous painting. Arrangement
In Gray and Black" portrait of his
mother According to established Gus.
tom. decade after the death OF the
artist his best paintings are removed
10 the Louvre. Whistler has been
dead two decades.
Phillips County herald., 1924-05-15
y * y y y y 4 *
< Paoli News =

* Il 4 Il * * X &
Frank Harms moved to the o. C.
Cheney farm south Of Paoli this week.
Visitors at the Cheney home Sun.
day were Mr.. and Mrs. F. Hartwell
and family of Haxtun. Mr. and Mrs.
Ray Scebold and family of Holyoke.
and Mr.. and Mrs. Fred Scebold and
son Fred.
Mr.. and Mrs. Mcconnell and s1n
Howard. Of Highland Center, took
Sunday dinner at the home OF Mr.
and Mrs. Snyder.
]. Taylor has commenced wo-&
on his new elevator.
Don't forget the school program.
Mr.. and Mrs. T. Watson and Miss
Youtsey spent Sunday afternoon AT
the c. W Gale home.
Fred Schneider and family visited
at the home Of George Alberts sur
day evening.
Robert and Jack Crowner took din.
ner with Leo Butte Sunday.
Phillips County herald., 1924-05-15
klsptonsnIa.

klep,omanla denotes q disorder Of
yolltion termed an lmpulfion and con
siltutlng symptom of insanity, due
to mental impairment. II is character
lied by impulsiyc acts done without n
reasoning process. Klcptomnnihcs mp
propitatc generally bright or attractive
articles. slowing them away often with
out concrnlment, never putting them to
any use or obtaining any gain from
them
Phillips County herald., 1924-05-15

Girls; You can't expect a feller
to love a girl with a red nose. color
less lips. dull eyes, Don't walt -
your Chance" might come tomorrow.
Better TAXI HOLSTERS Rocky Noun
tain Tea at once and be on tho aato
alde.-rhe Big Brick Drug Store.
Phillips County herald., 1924-05-15
Not a Competency

A beEEsr asked for few coppers
with which 20 get some breakfast
! tlBnt aren't you the man to whom
| gave penny yeSterdayf'
II wouldn't be surprised, SIR" 70.
piled the beggar, hut l hope you
didn't think that penny would make
me independent for life
Phillips County herald., 1924-05-15
BURGLARS In Peru.

Burglars In Peru, when about to en-
ter a house. supply themselves with Q
sponge aud bucket of water. WIN
the sponge they molsten the mud
covered dnmlclle, and the thin coat
ing Is easily dissolved. Then they
readily cut through the thin fthme'
work. ana make hole large enough
10 pass through.
Phillips County herald., 1924-05-15
NOTICE

For the convenience Of my cllontol.
l will devote Monday Of each weck
10 equine dentistry and minor opera.
tiona on any animals which may bs
brought TO the liolyoko Feed Yard
for treatment.
1913 II. H. NlEIAus. Veterinarian
Phillips County herald., 1924-05-15
Los ANGLER Gathering Ram

A torpedo-shaped piece OF cast steel,
weighing $50 pounds with two handles
welded TO Its sides, is used by the Los
Angeles police department to break
into lottery dens and gambling clubs.
Four men swing the heavy metal bar
against the door and whether wood or
metal II soon gives way.
Phillips County herald., 1924-05-15

Sumner Welles, special commission
er of the United States, persuaded the
warning factions in Honduras TO agree
to an armistice, thus paving the way
for peace conference tG be participate
ed in by representatives Of the United
States, the Honduras factions, and the
governments of Salvador. Guatemala
and Nicaragua.
Phillips County herald., 1924-05-15
Arabs Live on Dates.

Tho Arab. who lives largely
dates, * extraordinarily wlry and
travel for days In burning heat
would KIN n meat fed mnn.
Phillips County herald., 1924-05-15

in Oklahoma in 1909, this plan was carried into
several western states and threatened, for a
brief time, to become a serious issue in connec-
tion with our national banking system. Recent
experience has proved in this instance as In
others, that sound economic law cannot be dis
regarded with impunity.
Oklahoma adopted the deposit guaranty as a
result of the failure of number of banks in the
panic of 1907. The system was misnamed at the
Phillips County herald., 1924-05-15

the word but simply form of mutual insurance The various
state banks assessed limited amount proportion to their
Phillips County herald., 1924-05-15
FALLACY OF SO-CALLED GUARANTEE
OF BANK DEPOSITS BY Law
An Attempt Create Integrity by Legislative Act-Mere
Words No Good Substitute for Individual Re-
sponsibility, Says Bankers Chief.
BY WALTER w. HEAD. President
The American Bankers Association

The bank deposit guaranty is an attempt to estab
yaue-to create value by order of government. a
Phillips County herald., 1924-05-15

i High
II inter.
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Il sion
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dispotI
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Tho
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Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31
PAYETTE-OREGON SLOPE

Mrs. Edward Newton returned
from Pocatello Thursday after hav-
ing spent. the past ten days with her
brother, George Bartshe, who was
seriously injured about two weeks
ago. He is reported to be slowly i'm
proving.
Miss Gertrude Boals was among
the guests at birthday party given
in honor of Miss Claretta Suplee OF
Payette, Wednesday evening.
Mrs. William Sumner, who has
been seriously i'll the past week is
improving.
Miss Hazel Grace returned the last
Of the week from a three weeks
trip to Seattle and Portland.
Mr.. and Mrs. Stanley Brown and
children of Ontario, were dinner
guests Sunday of Mr.. and Mrs. J.
L. Brown.
Mr. and Mrs Henry Barker Of
Fruitland, were guests Sunday OF
Mr. and Mrs George Sullens
G. V. Santee Of Payette, spent Sun
day at the G. Welcher home.
Mrs. l.. r. Breithaupt of Ontario,
was the guest of Miss Gertrude Hes
lup several days last week.
Miss Marie Frost spent the week
end with her sister Mrs. ]. L. Brown.
Mrs. Otto Meili entertained at her
home Friday afternoon in honor of
the fifth birthday anniversary OF her
daughter Florence. Games were en-
joyed, followed by dainty birthday
luncheon, a beautiful birthday cake,
holding five tiny candles, forming
the centerpiece. The guests in
cluded, Audrey Gorton, Leroy Cor
ton, Mary Boals, Mrs. Amer Gorton
and Mrs P. M. Boals.
Mr.. and Mrs. Otto C. Miller enter
tanned group of friends Friday
evening. 900" was enjoyed, fol-
lowed by refreshments at midnight
Several ladies of Park Improve
ment Club, met at the home of Mrs.
]. l.. Brown, Thursday afternoon to
complete several dress forms. Mrs.
L. r. Breithaupt of Ontario, was
present to assist
Mr. and Mrs Mason Clough were
euests Sunday of Mr. and Mrs. C.
,Welcher.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31

| I'D the girl and took her back to On
tario to DR.. Weese where she was
examined and X-rayed and found the
pelvis bone broken and injuries about
the head and neck. She was brot
home in the ambulance, and will be
compelled to lie flat on her back for
6 weeks However. no blame Is
attached to Mr.. Schiller, as he and
Miss Alderman are doing all they can
to help. The other car gets all the
blame and deserves it, as they were
the cause, and didn't even stop after
the accident.
The P T. A will meet in the Audi
torium Friday, Feb. 1, at 8 o'clock.
is the program:
Patriotic Songs-Audience.
Invocation-Rev. G. w. Jewell.
Business meeting.
Patriotic Exercise-Sixth Grade.
Selection--Glee club.
Address-Dr. J. F.. Shepherd OF
Great Falls, Montana.
Vocal Solo-Miss Alta Mohler.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31
METHODIST NOTES

Next Sunday morning we will have
communion and the Junior and Sen
ior churches will worship together.
THIS TIME SURE Sunday evening
we are to have a rare treat. The
Community Congregational Church
of New Plymouth, will worship with
us and their choir of twenty-five
splendid musicions will give us a
program entitled An Evening With
The Masters with orchestral ac-
compartment. A printed program
will be given you by the usher and
it will contain the names of the great
est composers. One who heard this
program in New Plymouth assures
us that we cannot afford to miss hear
ing it here. Time 1880 m. Come
early.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31

land, husband and wife; Producers
National Farm Loan Association,
corporation; II. b. Cole, bachelor;
Henry w. Adams, widower; w. P.
Kiest and Bessie Kiest, husband and
wife; Payette Heights Irrigation Dis
trict, a municipal corporation, De-
/ PENDANTS.
| Under and by virtue of an order
of sale and decree of foreclosure is
sued out of the District Court of the
Seventh Judicial District, State of
Idaho, in and for the County of Pay
cite on the 21st day of January 1924,
in the above entitled action, wherein
The Federal Land Bank of Spokane,
corporation, the above named plain
tiff, obtained decree against Elmer
A. Clelland and Love Clelland, hus-
band and wife; Producers National
Farm Loan Association, corpora
ton; T. B. Cole, Bachelor; Henry
w. Adams, widower; w. P. Kiest
and Bessie Kiest, husband and wife;
Payette Heights Irrigation District,
a municipal Corporation, defendants,
on the 21st day of January 1924,
recorded in Judgment Book of said
Court, at page ----.-.- l am command
ed to sell all that certain lot, piece
or parcel of land situated in the
County of Payette, State of Idaho,
and bounded and described as fol- |
lows, to-wit
The East Half of the West Half of
the Southeast Quarter of the North
asst Quarter OF Section Twenty-si1
Nine North, of Range Five,
West of the Boise Meridian.
Notice is hereby given, That on
the 18th day of February 1924, at
2:30 o'clock P. NJ, of that day, in
front of the Court House Door in the
City of Payette, County of Payette, /
will, in obedience to said order Of
sale and decree of foreclosure. sell
the above described property, or so
much thereof as may be necessary to
satisfy plaintiffs decree with inter
est thereon and costs, to the highest
bidder for cash, lawful money of the
United States. ]
JOHN T. JEFFERIS,
Sheriff
By A. w. CHRISTIAN,
Deputy Sheriff.
Dated January 22nd, A. D. 1924.
First. Pub. Jan. "a, last Feb. 2S.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31

: products. Coal mining and living
, conditions of the South American
Indians and our exports to the south
trade. The next meeting will be In
two weeks and a combination OF the
study of the two books mentioned.
Mrs. Albert Harland and children
are spending this week in town with
relatives.
Last Tuesday George and Hiram
Durham drove over from Emmett
to spend the day with Mr.. and Mrs.
d. r. Durham. They were accom-
panied by Mr.. and Mrs. 10. Hartman
of Osceola, Nebraska. Mrs. Hart
man is a cousin of d. r. Durham. On
Wednesday Mr.. and Mrs. Hartman
visited Mrs. Frances Powell in Pay
cite who was a neighbor of the
Hartman's in Nebraska years ago,
Mr.. and Mrs. Hartman are on their
way to Nebraska having toured the
West since last November.
While moving hay derrick r. @.
Thornton drove under power line,
caught the boom of the derrick on
line and put the power line out Of
commission but by miracle escap-
ed any injury to either themselves
or their teams.
Rev. Mr.. Snow was present at the
Sunday School in Dist. No. 8, he had
a message for each member of the
school
Emil Gramm and VIM. Blind of
were Sunday guests of
Mr.. and Mrs. w. Oster Jr.
Mr.. and Mrs. F. Specht and Mrs.
w. Oster Sr., were entertained last
Sunday by Mrs. Jacob Oster. On
Sunday evening the additional guests
we're: Mr.. and Mrs. r. G.. Thornton
and son and Jno Oster and family.
On Saturday evening Mrs Geo.
Former was hostess to about "a
guests. The young people played
and parchesa and the
Ldults enjoyed cards. After the
;ames refreshments were served.
Mr.. and Mrs. ]. A. Harker have .
moved from Weiser to their farm In
and Hollow. Howard Harker will
ow attend school in Dist. No. 8.
Mr.. and Mrs. A. Hagerman and
Ir. and Mrs. Geo. Mordhorst were
at the H II. Precht home 1
4 town last Sunday evening. '
Mr.. and Mrs. w. Oster Jr. eele- 6
rated their first wedding anniver-
ary last Monday night with fifteen
elatives present. The usual good o
lme was enjoyed and the guests n
vishedl for the host and hostess f
ANY happy returns of the day. I'll
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31
LITTLE WILLOW

Mr.. and Mrs. George Coates wer,
Sunday dinner guests at the Clyde
Currin home.
Gus Davis was a Willow Creek Wis
itor Sunday.
/ Mr.. and Mrs. Edwin Patton were
Payette visitors Wednesday.
Mr. and Mrs Albert Coates and
Geo Coates were dinner guests at the
D. B. Coates home in Payette, Thurs
day.
L. H. Patton shipped two cars of
cattle to the Portland market Tues
day
Quite number of Willow folks
attended the play in Payette Friday
and Saturday night.
Mr.. and Mrs. b. D. Mcintyre were
Ontario visitors Wednesday.
Hazel Kirk was an over night
guest of Miss Blanche Bigelow in
Payette Saturday night.
Roy ELAN of Boise, visited the
Byron Elan home Saturday and
Sunday.
Mrs. Albert Coates visited Mrs,
Arment Sunday afternoon.
Mr.. and Mrs. w. K. Stirm were
Sunday evening guests at the Earl
Coates home.
Mr.. and Mrs. Ernest Kirk called
at the Chas. Bolton, Clyde. Currin
and Albert Coates homes, Sunday al
ternoon.
Mr.. and Mrs w. F. Stirm were
Payette visitors Friday.
Miss Swank, Miss Bigelow and
Lester Gissel spent the weekend at
The respective homes.
Jerry Cosman went to Boise Sat
lrday for few days visit with the
lone folks.
The H. o. A club will meet with |
Mrs Ed Patton Wednesday, Feb 9Th |
Don't forget the basket dinner al
he school house Sunday.
Mr.. and Mrs. w. e. Stirm and /
Johnnie, were Payette visitors, Fri
lay.
Payette enterprise. (Payette, Canyon Co., Idaho) 1909-1935, 1924-01-31
NOTICE OF ANNUAL MEETING

Notice is hereby gwen that the an
nual meeting of the Stock Holders OF
the Farmers Cooperative Creamery
Company will be held in the High
School Auditorium In Payette, Idaho
on Saturday the 9th day of Febru-
airy, 1924, for the purpose Of electinE
a new Board Of Directors and to
transact other business as may pro-
perly come before the meeting.
By order Of the Board Of Directors.
H. H. GREGORY,
Jan. Eats President