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Show FRIDAY, MARCH 13, 1931 I'RID UTAH 'HE IAYSOX rHROXlCI.K. PAYSON, IiLHoLET SALESMEN ARE " y HONORED THIS being ro m if pr V i uhi Yd. $ 1 .00 A supple crepe in rich, vital colors as well as navy and black, A splendid, Plain c oloi.. frocks. evenly woven quality for sports or afternoon soundness banking as a matter This is a season of prints! This assortment includes allover designs as well as widely spaced patterns on dark STEPHENSON 1 Ceppi. Syracuse, N. Y in that years world 1929 p second champion retail salesman, was used IBS and new 321 1930 with the of -s, and becomes Orleans, New M. R Griffin, Club. credited with 241 new and 15 used cai aes, has been named secretary and J. P. Elen, Philadelphia, who sold 233 new and 157 used cars, was named V. ocla-me- Rayon Crepe Y1- - 50c 39c nt Printed Cniffons - 75c The seasons smartest colors many dyed especially to match ultra smart French shades. Stunning prints in small and large ded patterns. signs and Each of the nine regional presidents of the Club sold an average of 170 new and 70 used cars during the year to take first honors in his section multi-colore- Louellr Barnett; a duet and chorus, Laur-mc- e Speak Gentle Words, by Mrs. asRulon Beus, Mrs. and Twede Mrs. choir. Relief the Society sisted by Phebe Reid of the Stake Board gavv Place of Women in the tall, on tv World Plain Rayon Satins 75c 81.00 Yd-50- c Farmers Merc. Co-o- p aJ Mi-,- . Clarence Moo"c we"e Mr. at their home Wed-n- e a arpn.se given a day eve. 'mg of last week by fe, fi end; and neighbors. IN CLUSTERS PLEATS Clusters of plea's form a motif for this youthful vet The Greek party frock brought them in, and Paris have been making much of chaining knowing influence designers them regowns de- cently in lovely evening cripes rather veloped in semi-sheclinging, and very pure and classic of line. Here they hang straight from yokes, and are simply brought in at the wat by a narrow belt, vxhiih mav be tied to give a softly bloused line The cape collar is edged with pleated bv frills, and caugli' up in gathers Sheer batiste, b m CeVmef linen, or double georgette are smart Excella Pattern No 3396 Sries 8 to 16 yars, 25 cents fo? ear trouble LJp-to-the-Min- is now convalescing. Modes and Mr. and Mrs.. Lewis was entertained at the home of Mr. and Mrs. Antrum Robbins of Payson, Saturday By Mrs. Hortense Butler evening. A lunch was served in the Mr. Archer Butler, Mr. Geotge Q eaily evening after which Prog'essive Rook was played. Mr. Norman HolliSpencer and Mr. Alan Butler attended the meeting of the Fish and Game day won the prize for high score and Association held at Payson Friday. Mrs. Holliday won the consolation. The question of trespassing during the hunting season was discussed. The Bee Hive Girls gave the pro-g-ain the activity period of the Mr. and Mrs. Glenn Cropper, Mr. M. I. A. Tuesday evening. The was as follows, piano solo, Miss and Mrs. Clarence Moore, Mr, and NorVera Mrs. Reid Moore, Mr. and Mrs. Peery; solo, When the Organ Veda Twede: man Holliday, Mrs. Gertrude Hansen, Played at Twilight, SPRING LAKE NEWS pro-gia- musical reading, Miss Wilma Harper. Prepared Especially for This t Newspaper Relief Society Conference was held Sunday evening in the Ward house It, Wilson, Correspondent Mr. and Mrs. C. E. Drake and family returned to Payson Wednesday to Piesident Annie Menlove gave a re- make their home. Mr. Drake was forthe Society, M s. merly the Master Mechanic at port of the local in work will and local sugar factory, Rhea Menlove ga e a talk on Mother of the Company branch some Sugar a solo was given by Mis. Viola Cowan and the literary lesson was given as here in Payson. He has been located follows: Life and works of Charles at Bellingham, Washington since leav- v 1th Counselor Ma y Twede conduct- ing the ing Payson. Dickens, Mrs. Lucille Spencer; Mrs and of Ruth the Gleaner, story Ada Cropper; The Selfish Giant, by Miss Allean Peterson was hostess at a very .attractive St Patrick's party at her home Monday night. The color scheme and games were carried out in the St. Patricks idea. The guests were: Miss Klea Francis, Miss Allean Box, Mae B. Taylor, Mr Grant Johnson, Mr. Harold Christensen, Mr. Elwood Hallam and Mr. Mil ton Johnson. Every one expressed themselves of having had a very enjoyable time. Baled Arthur Lucerne $10.50 per Ton. The Peteetneet School Teachers group was entertained at a charmingevely arranged dinner party Monday Genevieve Mrs. of home ning at the Ellsworth with Miss Pearl Barnett the assisting hostess. The guest list included Mrs. Kathryn Betts, Mrs. Minnie Perkins, Miss Della Wilson, (left) and Walter Ferre II, executive secretary (extreme right), congratulating the Davis brotherson stop automobile endurance record. of the chapter of the American the establishment of a new worlds Hammill of Iowa Governor John Automobile Association non-moto- Iowa non-whe- state officials ami civic leaders witnessed the of a new world's non motor, noil wheel automobile endurance record recently, when A Ralph and Rolland Davis, hrothms, brought their Model Ford to a bait at tho east entrant o of the state capitol In Des Moines after 2,775 houis and 4G minutes of continuous IOWA driving. When Governor Hammill. standing with Walter Ferrell, executive secretary of the Iowa Chapter of the Anifriui Automobile Association gave the signal to stop, the Ford had traveled a total of 17,128 5 milt s over al soits of road in all sorts of weither and had extended by 33 680 miles endurand mine than 2, 355 hours the American nou-stoance retord which, theretofore officially recognized, was made by a nimh heavier car under tiniest ideal conditions on the Indianapolis speedway last year In the course of the enduraue run the car, known ai The City of Des Moines, covtiod pr.uticallv the entire state of Iowa. Eng'inem who examined the Ford at the conclusion of the run ered that neither engine tor chassis showed tvidtmo of c.iull.ng stijins to w! ieh thev were du it !' o It 0 (lavs of oontm ous driving Both g to the eneneor- - would hive bem apparei'd'y nui-- d good for n o' or 31' W) m.ts or more p suh-jt'ite- d Miss Melva Hull, Miss Thelma Vest, Miss Hazel Gardner, Miss Elizabeth Iluish, Miss Lenore Huish, Mr3. Tres-s- a Reardon, Miss Crista Olson, Mrs. Carl O. Nelson, and Mrs. Arthur Taylor. Progressive games were ptayed during the evening with Mrs. Perkins receiving the prize and Mrs. Nelson the consolation. The dinner table held for a centerpiece a basket of sweet peas and a green and white color scheme was used in keeping with St. Patrick Day. Mrs. Walter Strong and children of Salt Iake were visiting in Payson for several days last week with Mrs. strongs Mother, Mrs M. Burdick at the Strawberry Hotel, Mrs. Murdick accompanied them home and remained over the week-end. u vt jHcmlu Hard Eoiled vs. Easy Banker In another aspect the people of the community have a part to play in maintaining the soundness of their banks, and that is through the medium of patronage. The existence of a bank is If dependent ca public patronage. only these banks were patronized In which the meat careful policies were practiced and the most conscientious and able men in charge, it would go far toward maintaining the standards of banking. It business men in a community when refused loans by their banks for good and sufficient reasons because conditions are not favorable, thereupon withdraw their business to banks where less careful methods prevail, they clearly contribute to the creation of a less sound banking situation. Also If, in the heat of competition, a banker offers higher interest rates or more free service to attract customers than the earnings of conservative banking justify, and is encouraged by the patronage of the public as against a more conservative bank, obviously the public is again playing a part in bringing about a less sound banking situation. It is an unfortunate fact that the banker who is strict, "hard boiled if you please, is liable to be less popular than the easy banker, andfby that same token the public itself has a voice in Influencing the character of banking. Also it is the public in the end which pays the main part of the penalty if unfortunate results and I MAKE THIS DOLLS SET ABOUT $1 29 roR It's not so long till Christmas and lit'lc do'ls are being whisked good i'i'li' "id meusind for new ward-- r Tii easily made set consists of ;,a"t' s a s p a frock and a hat Si 'e 2(' ri quires . 'i v-- d 3o m li primed dimitv rt 50 i t - 23 ' 2' viC - i c- - n a- - m- - ! 1 20 f 23 a 3 of the ihrose follow. Hay for Sale by Hendrickson at t er Glade Geiber son of M,r. and Mrs L man Geiuer who went under a mi opeiation ba.uiday. ". place, the assets of a bank, outside its government bonds, consist mainly of loans to business men and of Investments In securities created by corporate enterprises. The deposits of a bank are not kept in the vaults as Idle cash but are employed in thpse loans and Investments to earn the money to pay the expenses of tho bank so that it can render services to its customers and also pay them interst on such deposits as bear interest. If there were no such thing as unsound business men or enterprises there would be no such thing as unsound assets in a bank. It Is of course the unquestioned duty of the hanker to choose only Bound loans and investments, but the difficulty of such judgment, and human judgment is never infallible, is plainly increased in such times and under such conditions as we have been passing through, with many businesses not making expected earnings and therefore hampered in meeting their obligasome investtions. Unfortunately ments and loans created by persons outside the banks which found their way into tho banks in & relatively few instances have reflected the unwise business policies and conditions that became more than usually prevalent in our business activities and contributed to the difficulty of banking. The vast bulk of bank assets, however, are 100 per cent sound above all VV. Charles of 1 ar 75c SL25 $1.45 of prao-tlc- fact Is a community p r o b e m In which the public has a part to play as well as bankers and government officials charged with the super, WiKun, Baltimore, sold an I 44 new and used cars of aveiage holieach day, including Sundays and 100-CClub, days, m 1930 to lead the of whmh he has been named national sales were president. His 1930 total used 174 cars, or 527 in 333 rmw and be the largest to said is ag. This number of automobiles sold at retail n 1930 y any salesman in the world. R. Printed Silk Crepe va. ezspaper the Chevrolet CViipuny are members salesmen iAJ-ta- r Club, made up of each of United States, the 0 i oughoat d or more auto-whilwhom 'Jld one hund-em the last fiscal year. rr.tddl symbolizing his achieveChevro-- h ment is being presented by the of group, and t to each member are being given the additions honors Four have leaders. the 242 who were of the officials national been named 202 2 ( lub, legional officers and The ione officials of the organization. and installapresentation of medals occur will during the tion of officers month at sales conventions being held count- in each region and zone in the We have recieved yar ds of the and summer! We are offering it at prices that wdl be well within the reach of every person. Buy liberally for future needs. . By ROME C. STEPHENSON President American Bankers Association Whils upon the individual banker, there rests without qualification the responsibility for the prudent, hon. est conduct of their Institutions, nevertheless the uj i savings exceptional smartest fabrics for spring hundreds of . by for This Pnp.rreu Especially TV A n unusual sale which allords Heavy Quality Silk Crepe month th, 1, AND ITS BANKS Modes sales-- 1 1,853 automobile iiiij sold 122,819 new in aver-- f 192,589 used ears, an is being hon-- " 1 70 iar-- , per man, o' al Specialu Up-to-the-Min- ard s low orioTh THE COMMUNITY month Still again the public can exert an Influence in shaping the character of banking by supporting the purposes of bankers to maintain intelligent, independent, honest hanking supervision by the public banking departments through insisting that this function of government shall be kept as free from political Influence as the judiciary itself and shall be manned only by men of the highest ability and character. In still another way can the people themselves contribute to maintaining the ability of their banks to meet their obligations, and this is by granting them the fullest possible confidence. As I said, the deposits are not kept as cash but are invested In loans and securities. Even the soundest assets of this type require some time to reconvert at full value into cash deposits. In many cases of bank troubles the only thing wrong with a bank was an unduly suspicious and apprehensive state of mind in its customers created by no act or condition of Its own but by baseless rumors which sometimes led them to destroy the value of their own deposits by demanding them Immediately, forcin'g a hank to sacrifice its assets and otherwise disrupt financial operations. Bankers Help During ths year 1930 the Bankers Association of Langlade County, Wisconsin, worked out the finances for a cooperative milk plant, which entailed the raising of $100,000, and also sponsored an active 4 campaign that culminated in an "Achievement Day program, in which upwards of The 400 young people participated. Increase in the number interested in this work was 200 per cent over the f&dt two year period. it |