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Show HOGAN PAGE SIX IIERK8 MOLL Rally out) to Im pdl t Hi !i i in 111 . o; II. nu DEMOCRATIC 0l ill ! Li u 1" imiioh. t itl'l M till !'( llOUSf A M l)l ,u l.'t Ml 'It n ,i i Ij 1mM I, lx To ()' ' - P !m u ,i il hi .ii ' i. s if HI i f pM'posft iii, n k t heme. b.l ll is mu ' c li,i t (i t iit ill-- i !usii) i i anduit it Kir in v IhiHi u nu imt j() shambi In wui mi muss nm imt iJim Ihm u aviii w uni s'pjui.j i in 'in, , SAYS CAMPAIGN PROMISES KEPT- ruiHm-'MiiaGolfnii ii, i Jai !. ami Pi (Mil. hi UfpulliK aft i: k pi Uimi ji!.-iJ Hoove iha-imruamnt' tin mrlii on awuuliui H al prodm is tin n i al.il a trill ion l ii t Im tarn mat w In ar. U wool. :th i and i 1,1111',, all liu tint' Oa hi ailr w n e a mom; I!im ramrd fen in; to tin inifiujdo) immi problem, in said tin tnwinnunt (rtiMm showed mm h mall y jp the htj; Utah town, than used. Iff noted t 'i:i' b'un mm p ,.uj jiHt p,om hai k to win k in tin- auto Industry and that lailinads aho ere put um back nmn in M tins nation, in !v wmld do.-wide (Irprcssina not un.if Willi Europe and in- tlun iii.u.il lo thf Soutii Ami'inan n.ditons with tln iM'rrihrou of Lro i,nn i.ia prartfrully ouny t, k. Hr lamlnd thr ,n or Ih.snl m Hoover and IU;,,-Vlart him in tin mum pomGuIi wiili WashoiL'ton, Lmioln. M K,n ley ami Wil,,,,, , ttiM( j(( IB t , i M o.n-tiltio- , : Sift. I I I i ,in, Ii, ito 'indent mine, h,h been j't dine In ilm lit ''ii dint. to Inedlhe becdH'e of pdidly'i.', she has llii' null hint zlIiuIi, in Jued b' dlienidlnu inleii'ilie' of dii in mid mil ul hei luni. Dmloi' dir f'h"inet nou d .'he zall fi'enliidHv leiiner. She is .'hozui here in the re'fiidinr unit fSnne liluumqiii'l nllendinij her; nuet i ' d ilo'enp f Mi.s Mid dim, tdken hefme she bemme ill. (iuiii, In n Ivjgl' ): Sun 1m unit Rr. atnlul Ucs Im i.u mn Kicssinn.il ami mum. nfli s ,,nr! (lilari'd 'Vm' wi.i wlmh in Kit Im m H il p t c ij re d - ( L tdltl-lon- In-dhl- e I l f ., not ill tlio jm ,'1,'iit ed liinnidt lor a Id year period ri,i,- - ulmli !u .iid ,t , in thf histoiy and tliankfd I lie Gaclie county vo- c m ait-sot tin naion lets toi the support Ihev Lad Riven LOCAL MAN IS him m Hie last eiertion and for his PRAISED FOR WORK renoininat ion. Ridnuin The first spiaker ot the evening Hpfi Uicail) to 1nsi illll iloouTs lommissmn on pub ,v.as Mrs Jese M ('unnon, asso lie lands, the spfuker praised tlio i nite slate ( hairman wlio told of o ( (ji voik ol Wilhani Ielei-'n- i tin womens pail m politics. She ni the US (. w ho had bfen iwah ioIloud by Frank Evans, drrhited hy oilier meinhfis ul the geneial attonnv for the American buid a s one o' the tolim';est men Faun Huieau, who urgml a vote for III 'if (HIHllhsKiii the full Uepubluan iicket, dedal IIl n m oh a ph i for his In- - ihiit memhers ol the paitv t ion nu n on i he oiiiid hat sfionld haw to the will ol tile ma-- , IFdi should k ep him in olfice as jonty following tiie conventions. 1) vas h.m man nt the public land He said when a person became a b an' ai the next a. nfor mendn'i member ot a political part y be a ilur ida in m w ho docs not should remain loval to it. He hunhd the tecord of the Utah uni auend (ommiltff iiim tiipzs mil Mans h.- knoA', notliim; cih.ens who had risen to high i h.. j .,! ion serplaces m the governmental la i on 'iniiii, he mired every vice. vi'h-to eat his ballot Heddes two selections by the .fn no Khiira.iu Uaiistu of tlio high k hool band tlio only other di- Siipn me (unit, made a bhort musical lumber was a duet by Mr t. Ik on !us own candidacy to siic- - and Mis L. J. Itailw. - a,.! K N', 'a i d h o' ' i.v a'- t i. . : a u l.,i, ' U O' t,t n i; he and u ; n - thim ' h- Hample and - M.e u iiiiino the .sa ,ai V ' ft'"' As h .it- ii tor ( !ai a ki. ' to Ffis' ,t 'y v ' e - i x r " : V - V. v() f to. L in. .aid p,u - d at Mi". i;, h h.,,11 .i.nn'U' w Tiiihlu it : M .i . v hv ' H e a out of - Uui no .v i.il am Imheio-hil- l '.I. vi', on i A' . k- R IIIUO d in per Ianp m mo now t i i . pi t ' H Tiie i - iliin of h,,x " m "ff a La. i Miss Elsie Harrple i ma- - )l hes Hot nn ni e io boot. ilia i o pro. dinr-- i jua ll in- MANY ATTEND if a i go svstein - going ' I oh- - K nvaw M.iuu-- a ollinn -- i m la x i OGDEN FUNERAL i oi kllOUi Sm was a lu i f natui e f x 'aid ami pi iF mm ii ot h i i urn iu In r t low t r tun in onne mu ko j 111 ,.i 1. mo1 le i . with h m erving the for the in tlf (immunity most aifisiit ai angeimml ol home .Ulmugh phyual I. liamio ijiH d, sl)i wa a gi'tcj women, the. -- iabl. s!ie had a k e n midhtt, was .i meat h and aiwuxs kmw tin t uriviii vim-- , ot im da Sim was neat and i ae foi the nrmr had a last tiling-- , of life and possesseil manx . i R Au.iw.n liae .should u v irM'Ji'oi tiie uvterdjy wie Ik , ' id Die ! ml s in pat h kind m o 'am in if il aui 'lilt hum U's N3 a no t oi a A no. alfl plain M ii.t - ' af ih.hlun v j p vision 1 11 i.Mi-hi- Ii- - n- n . -t c ' i ii emli TuLo- t i - I- ( lr Elmer K KmiiUii. luanager nf ( laia s tlo.ir the Calm a l.od-- . w h r t tf epiMidf timk ili.r lion ha- Ti nvd a hu ot pubic jihico, 'h-o- n -f . t ' M L.d.e MMa 1 n- tub : wit V, W le J 1 Tea hers t J -- SAN FRANCISCO, Oct. 30 (U PJ --T M'Mi.i Boa. n,om tin.imier. s nT the nulv oim to tie a ht oL .wcGd mu ol hflie g.uob-lin- e piihif' A v ( s d - them tre all wrong, according ui Iii r KNie Hauiple. She oi ia) si ince teaclier af Bain inland High hi h(K)i here. hiu!g o In nn io ihildren are en- u .i u i to dv) their own think iu" sh sax.v. If me allowed to plan and own affairs There nMr v g.o npKvm.on, not much underdid H.iiiipl vr,uj,l ,- f. .sicjn cdiKafois. i or u.o old s hool dfsamee. to Z4 . -- their (tnldren's thinking foi ,i l;n l b1 i i i' , fin M bj Mi- t m n In mu,. tui ;o'in JiuIiIh .hi ,n h Tu. ' ' . op him; ton m pnMiiif ulmli lilll Hlill u M ... J ii 'I ' 11 ;i ti p o i sf, and M . ,iimJ il ' W no m no a - ' .. ' A WINSLOW, Wash, who do : D a t 4 U V"f, ih a iv H 'I I, M '! - ' 'V CLASSES SHE SUPERVISES :! an 'm( f O b . n . V "'"I Ml ll. II. '1 ll in' I;! (. ' ll G in I.; ' ii 'io , CLARA SPLITS PUPILS DO THEIR OWN THINKING ON PUBLICITY DONTS" used in the few tor Mi-- s a .sat ai 'Li h Inna , pi i(i ,, hi ,it I.. i Ha n III i ' c'c i ,.ll I it i 111 i m Ii i U i im- d A, ah Mn i 1, W 'I ll. ',M . ill - I.,.. n, ; ' ij I. A III s iF 'I sou , j, o oa M o m n ind 1)1 . b i p ,J s.. l oulll ta.l lu id im M jiiii.il in.u , n' i, tihlii i. h sifi nl Me' ' Uj. fit v , Ilofound di o.v ic U- .i II P UjLkr j , HOUSE if ' ) , f RICHMOND Rif An b in ' iM.niint i ( , !r l ' BENEFIT NO i , j. ir.h!v IN d,. tjj i, 1M o Cm1. 111 . n lJOIiHH t It UJH 1hm 'r pf , T910 HERES ONE TEACHER WHO LETS HEAD SURGEONS I Iron. IIOaLI), Tliri?$nCTOBER U CACHE VALEEV DAILY ARTiMUJAL LING WINS GIRLS FIG IT AGAINST SLOW DEATH HOLD FUNERAL Al!o,-- Republican (ColU.mit-- 1U.ISAH) Ii ill i,,'il Mi- .. 1 , ln'li! in V,',ln'X(l,iv sp.-ii- , pnf t ,'i - ('al,l,' c.-h.- t x.l!) new oftuers ot was horn ill Urtnhi',' 12, 1.S94. and died in I,,', homo m Omlen, Monday Het hiixhand and four clnlili'.'n survive, ax also lo r mother and file fol loiwns brothers and sisters: C. R. Span, ii, K. K. Spenaer and Alfred Hex of Loyan; f. H Spencer, full, i City, Calif Mrs H. T. Star- .ii. Salt I.ke City. Mis. J. M. leart, Kvanstuu. Wyoming and Mis A. ;. liarton. Mix Kennedy was htiriod in the Mount Ogden Memorial Park the College of Slligeons. luus of diauuter. Wiliian. Amleison aid that Imr wre chosen the other dav a! the name wa- - on the recnrd o? the thirteenth annual convention, held m 1hiladelplua. Presidentelect is w aid a s a t R lip i m. Mi) lei, top, of New The lot a tributes were hrautl-- t lr. Orleans, La, professor of gne ul Vniver.su. J)r. Inierimnl was in the Ri hmond trilogy at Tulane wliere llie grae Kredeiitk A. liesjej, below, ot City Waukegan, I)!., was (boson r ra was dednuted b Alma Merrill. titer ot tin organization Miss Mernll was a duughtrr of the late Apostle Mairmor W. Merrill and Mis Kina J Men ill, and besides her nioMmr is survived bv the billowing luotheis and Histcis Mrs, Kina Joh nson ot Hlchuiond, Mrs. Hilda Kiihuidio! Malad.Mts. IDAHO FALLS, On tin (UP' Uigbv of Newton, and Demand vet v Iotati) market: J. Mernll of New Yoik, also lialit, m.'iket dud; riixxets. V. S a totter hiother. William Pope N',,. 1. Dii I In, C s No 2, tevx .Merrill of C'litton and a number ot T ,, ratals V. S. .No. 1. $1 to $l.da. half bmtheis and sisieis. Tin Fallx - Demand tair. mai-ke- t S. No I. $1 15 dull, nis'etx 1'l xhinv in $1 2,i, I, w higher and luwet I.alit stati.-tii'- x i s .1 S 7 deatlts hiitlix and lew largo per C S Xo 2, ?ue to T5 ; ear in tin- - I'uited States, uital, F. S. Xo. 1, lew $1 05 Ri-l- .1 t Wil-tol- 1 ; 1 , i, '- - Grinding valves (F and cleaning : -- Potato Market Ford Service at Low Cost fnniM'dl itmho oeden Ninth Klla Im Mrs T,. ilanghtci of Spenier of J.o- - Mi' ur, ub-a- , I, I.,'-, carbon .... your new Ford into the clean, shop tell us when you want it and well have it make. You ready. One of the best investments you can will be surprised how much it improves the performance of your car. DRIVE well-equipp- SAVES HIS BROTHER .IACKSOX. Mum. ii t o a (UP) Lowered filled w, II to resruo his who was overcome by the gas Inoiher poisonous fumes, laiwrenoe Boyer; manage! to take a fast grip on hia brother be lore suet umhing to the tumi'.x himsell and both boys were saved. Hubert, S, bad been sent down into the narrow well to as-- j 1,,'ituin if a dynamite charge lie, had pluied there had exploded, lint slipped off a hook handled by was ami quickly jwoikmeii j Service Motor Co. No,-- x AMMJT TOE THIS IS THE FOURTH INSTALL-MENOF A DETAILED STATEMENT ON THE HISTORY AND PRESENT STATUS OF THE BANK TAX QUESTION APPEARING IN T PREVIOUS ISSUESOFTHISPAPER. Some question has been raised by those either uninformed or willfully ignorant about the ability of the banks to pay as compared to other corporate or individual taxpayers and in this connection the strange theory has been advanced that a bank is endowed with special earning capacity and makes profits out of harmony with other lines of business. This sort of propaganda can be dismissed with the simpie statement that a bank is a service institution engaged in the highly technical, hazardous and responsible business of handling credit, and usually earns less net return on its invested capital than capital invested in any other reasonably successful enterprises; its net return, however, of necessity representing a consistent earning to offset undetermined losses which are bound to occur, and which for the protection of the depositors must be charged out of the assets of the bank v lv hen discovered. The several hundred P, p esent bank stockholders, and former il holders of stock in banks in this County, should be able to attest to the accuracy and fairness of this assertion and to testify to the liability attending an investment in bank stock where the fundamental conditions of prudent management and safe earnings are disregarded. It is interesting to note the recent statement of the bank commissioner of one of our neighloring states, who said that the inequitable and excessive tax burden on banks prevailing in this and other states under antiquated tax systems is one of the greatest contributing causes to banl, failures. This should be apparent when notice is taken of the fact that the cost of operation in banking, as in other lines of business, has, in the highly competitive field of banking, reto the point where, acduced cording to an official estimate, there were nearly three thousand banks in the United States, which last year sustained an operating los$. It is matter of record that for some years prior to 1929 the banks of Utah as a whole paid an amount equal to approximately 51 per cent of their net earnings annually in taxes. While this may not appear relatively excessive to the farmer in these years of diminished returns and reduced land values, it will certainly bear comparison with the tax burden of almost any other class of taxpayers. Witness, for example, a recent and fair comparison: A Logan bank is capitalized at $100,000.00, representing the investment in cash of its stockholders. It has accumulated surplus and individed profits over a, long period of years, amounting to approximately $65,000.00, or it has a total operating capital of $165,-000.0It has paid dividends annually in recent years at the rate of 12 per cent on its capital stock of $100,000.00, or at the rate of approximately 7 per cent on its total invested capital of $165,000.00. It pays no excessive salaries and has no concealed assets. Yet, in 1928 it paid local and state taxes on its real estate and intangible property in the amount of exclusive of license or federal inn retail mercome taxes. A chandising corporation in Logan is also capitalized at a full cash value of $100,-000.0It has also accumulated some additional surplus of undetermined amount. ever-increasi- the-profit- ng s 0. $6,-901.5- 1, well-know- 0. WATCH SUNDAYS This corporation has paid dividends annually in recent years at the rate of 10 per cent on its present capital of $100,-000.0It was reported in 1929 to be a paying maximum salary more than the maximum salary paid in the bank referred to, yet this corporation paid in 1928 local and state taxes on its real estate and other property amounting to only $1,391.07, exclusive of license and fedh eral income taxes, or less than the amount paid by the bank in question, notwithstanding the fact that the two corporations were obviously of comparable net worth and earning power. In 1929, after the invalidity of the tax on the intangible property of the banks was established, the bank above referred to paid local and state taxes on its real estate or intent in. the same and intangible property (including its contribution on the latter) amounting to $3,737.69, and the merchandising corporation above referred to paid $1,651.11. It is obvious that even after the revision the bank in question was paying taxes at more than double the rate of the merchandising corporation. This comparison is made with no intent to infer evasion of taxes in th, case of the merchandising corporation, which paid its regularly assessed tax on its tangible property like every other individual or corporation, except banks, but rather to show how discriminatory the tax on banks has been on the basis of earning power as well as net worth. As previously stated, the banks welcome a comparison of their taxes either before or after the recent tax suit with solvent progressing business generally, and are as vitally, if not more vitally concerned than any other institutions in seeking a just tax imposed on all classes of tax - payers, giving relief to those now over - burdened as they 0. one-fift- have been, and giving due regard always for earning power as well as value. Let it also be added that the banks have nothing to hide and no opologies to make. Confident that their case has been fairly presented, impartially tried and conclusively decided in the method provided by the constitution of State and Nation and by the customs of representative government among free peoples everywhere, it would not be consistent nor in the public interest for them to engage in a battle of with political opportunists who attempt to capitalize a misunderstood issue by manipulating half of the facts in an endeavor to prejudice those who in some instances, like the banks, and with whom the have been over-taxe- d banks are entirely in sympathy, because of the very obvious community of interest which a bank has with its customers. mud-slingin- g The banks of Cache County who join in this statement are managed by directorates including 55 local directors and include in their ownership 288 local stockholders. Many of these directors are farmers and merchants, and all of them are men of established integrity and character long associated in the development of Cache County. The bank tax cases were entered upon with their full approval and consent after careful consideration of all the facts, and with conviction in the justice of their stand against discrimination, as well as faith in the fairness of the people of this county as a whole when the facts are known. Many of these men are your friends and neighbors. Do you think their record should be impeached and their motives imougned for political purposes by those who profit personally ard directly by agitation which destroys public confidence and retards community progress? 1 L ( b- - ISSUE FOR NEXT INSTALLMENT CACHE VALLEY CLEAEMG HOUSE ASSOCIATION ft ZmZUllu&3CSe.'r,l M H |