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Show - 'rJt. , V 'ROY ; VOW XXVI. NO. .' ..... i I i ft 153. m - using The Herald as an medium, you are advertising - able- I 1 Ifllfl '11 m ti i i 11 t DT.n1 M u M vy flU I III1U I r- -- 1 Ull h ESTABLISHED tomorethari afc thousand' "reader every issue. - The Herald advertisers get results because the readers get all the local news. 1885. - REARdiDninAL C. Jf DflDGER T0BE YEAR LY Eighth Annual Report of Provo Building & Loan Shows Large Growth REPORT IS IN FULL 4- - At a meeting of the stockhold- era of the Proyo Building &'Loaa4 raytorrpTesident-"- ; SocletyT" p- a jave business of the The report shows year. eighth thatnthe society now has 489 shareholders as against 54 stock- holders of the first year and there is a paid up capital of $2,- 570;; The report in full is given ". below: - report! of the -- - " ' " - "'" far exceeded the greatest expectation and hope of many of us when we launched it. . " We commenced --business in - February, 1904, with 64 stockholders and capital of $2,570. The sofa paid-unow has 489 stockholders with ciety an investment of $ 164,465. There is now sold and "in operation 5,149 shares. During the past eight years we have ieea ble to frecVad.''-- Improve In - this ' community 4 136 homes. There have been something over 172 loans made. Some of them, however, were second loans on the" same property. During 1911 the society collected in interest alone 111,494.83, or nearly 4 times more" interest collected in " 1911 than our entire capital was when we started. This" interest money is - " -- if p v " 5 -- -- - but..emaiiia..her.e--a- ..nuiiJ)ers;rSrprIIcent-on,.-theinve&- cent for reserve. - --Our revenues lor the year 1912, with the present stock in force, will be more' than $44,000. This 'means that with that alone we will be able to loan something like $3700.00 a month unreunt -- will x be increased as additional Btock is y-sold this year. y We. .look forward to 1912 as a banner year in the life of the society, believing that the people will avail more' stock in 'y themselves of taking ' the-- institution. , x you,remember, we organized with a capital of half a million. We have since found it necessary to in-- . crease our capital to one million One ' " hundredand forty-nin- e shares of the new Increase have already been sold. .When you consider that last year we ' handled in actual business more than $40,000 at an expense of piac 160.00 a month, you can readily understand the value of this institution -- TrOf-coursc-t- : ,'"-Aa- - " - l araTDnlygivtng'Tou .the tigures"ln round numbers. The report of "four secre"tary w.Hl go into detail and you --v whoiesires--towor- k them ouf 'more ' accurately , can do so. I am simply giving yoi. a'general understanding pf i the present condition. Your directors have ' been careful . and painstaking In jnaklng tnV Joans ':yy ' re-ali- ty The first would entail, they say, an additlonal.-.army..o- f .emplpyesfederal . ' . We , g . V , - , ofttc.e-hpl.der- - clearly sary and wasteful, but also-aindicating a deliberate, purpose on the pari. of tthe administration to keep! the Republican party in power at pub lic expense by thus increasing the number' of its' retainers and depend- - g - 1 leaders are pointing out that the platform then declared In favor of "efficient regulations of, ucij utilities., but not. In favor of government pwne The annual state '.convention of municipalities of Utah, will be held Salina, Utah, February 16, 17, and iB, and ItIa expected hat every mu nicipality in the state will be repre-sented. The following program has been arranged ' for Friday and Saturn .' ' day:; , at; - - r Pi - ' . Response-rFir- st Vice-Preside- . Music. - Adjourn to LTD. S. chapel, 8 p. for, public meeting program, ' r '." .1 - ;-- : -- ' Music, - "Public Health,". Dr. T. Salt Lake. ' - Music. - Beattyy - - - SATURDAY, 9 A. M. Music. "Uniform Ordinances of Towns ' Geofga Chrlsiensen, - Mount '..... es," - Pleasant. - . Discussion. ..' "' "llarqionlous Relation of City, and -County Officials, With Relation to State Roads in CTties," R. R. Uvcatx, Rear Admiral Charles J. Badger baa been appointed Aid for inspections In the department of the navy, to succeed Rear Admiral vreeland. -- ' ' Salt Lake. - ' . y .: Discussion. ' ; Music. .... PROVO HERO OF Election of officersrdeslgnation of time and place oi next meeting, mis. ,.- cellaneous' business,, etCyj----- Fid-Sti- ll CO z 2 M. P. SATURDAY, Music. "Juvenile Courts and J)ellnQ.uency,, ' ' Fred W. Chambers. '81 ate fishnd Judge MoMaster, Salt Lake. The Utah fruit exchange, at its. anDiscussion. nual meeting recently elected the. fol- - game commissioner, ha3 announced y zZz-- . Music. .1. ' ,f Iowlngoi'ficerir6fthe ensuing yealT that a section of the Fish lake and W. Fire "Volunteer W. y y.Department," O. J. Moroni Mortenseri, president; ' Salina national forest, located ten Wilson, Sandy. , of Provo, Poulson, : in Sevier county, niiles east of Discussion. v; ; James M. White, secretary and y and Joseph B. Wright, treas- iras been chosen Tor the location of "Muslc. y y Remarks Governor William Spry. urer. the first elk herd that, will be shipped Banquet, C p. m., at Salina opera y of dir.c.tara-:lL- l. it4tahVftbout-4ar-e- h 4 from- fcfae' house. y constitute Roy V. Wntz and O. J. ? Jackson Holecountry by the biolo- I SATURDAY,-P. M. ' . Poulson of Provo; Maroni Mortenson Chambers returned Mr. . survey. gical . Music. y. ., . and J. F. Burton,' Bear ValleyT Ra3 "Public QovernorxWil after last Libraries," spending night Rasmussen of Cache Valley; J. P. tothe city, yy- L.I.se-vera-J GhristejisaaviM,.-J.iBallantyae:lanllattrSpry.days. inspecting-.thaJtfehajui- Music, J. Anderson of BrighamGityi- - Jos- tlorial forest and the-Fis-h lake nation6-,"' Mason Jas.''H. arid Hubbard eph al forest. Willard; H. H. Thompson and Frank The locailion chosen meets practl- Zabriskie Moofe of: Ogden and-Alv- a, .' - "calTy all retiuireinents, while the. Ne; of Springville. The manager reported that the new bo forest was found to contain too much organization did . $121,000 worth of snow. The rerd will be placeeTln an o u slness last season and said that 4neksure lorty-o- r yz (ly acres ' y mayn more local fruit organizations and will be fed bay for six weeks or would affiliate 'with the exchange, this two nMmthV after which they will y summer. . A carot-Jish- , turned loose in a tract of the forest the Jtourth In four m FIT s''y - -- '"... - ' . t; Sa-lln- man-ager- . . ' d. . f . 'X ,. FISH ' Wi SENT on 10 IIEl'J , weeks Tuesday night for eastern markets sent out by the Mad- -' sen brothers of this city who were ;" y y y' glventhe contract for the furnishing York peojlo"f-- c of the f The contents of the car weighed ap y 30,000 pounds and includ ed carp and suckers from Utah' lake. ... .,r The-- average-weigof the contents of n ' thecars previously sent has been Jeft'-Proj- o PROGRAMS 0 acres and from which sheep are cluded. - ...... ex- Mr. Chambers, met with the Sevier county commissioners during his visit aUSalia. and Tas of fered their assistance-ii, caring fbr the elk. The care 'ot'the herS will also fall under the supervision of Byron Hanchet, fish and game warden of Sevier county. It was also announced that the Jordan river west of Sandy will be sein- Saturday and that alt folders- of fish and game licenses will be given fish free on of their families will be presented with fish free', though they, do not possess 'csnsei.-''4l'!T...-S--,- r liy II.' Peterson,' fish ajQd game warden of Cache county,reported to Mr.' Chambers that he madethe arrest yesterday of C,; E." Johnson of Itiyrum for 'killing 'deer.''The warden' ret he caught Johnson -- red ported .that . II PHOTOPLAY yy- -- There are Some very Interesting pictures in the Princess andElIen programs'for tonight and the patrons who saw them last night were well y' y, pleased with them. Thursday night's program at the Princess Includes a - -- dor-commofllf- ihext - tt licenses.-'Deservin- g ' - ht . abuul25)00 pouhdand-besldea-thi- a- number going, td New York, the Mad-seboys have been furnishing about 4000 pounds weekly to Utah trade and to this they furnish n, beautiful picture, "A Tale of;theWll- demessll. produced : by the Blograph and taken in the wilds of the Die" small'er' so successfully handled the'road-roller- " company Is a laughable hills. There fish fo fiBh hatcheries where they are four years ago, again manage Kentucky film, "The Husking ' Bee," Vitagraph used as. food for the small'trouL-his campalpai. :y and' several Others.' .. At the . Ellen, Southern Democratic leaders, aside Gedrgo Madsen; of the Madsen bro"The American Insurrecto" heads the from their historic antipathy to exthers, states that it is Impossible to hill. This is a Kalemi' fllm"nd is a,' tension of federak power and recent Mexican Revolu sayhow- - many common fish there jtory of-tlanded tion. areTnUlalL lake. ''",, Sunday" when ernment a,nd of the rights of states, near liyrum. The penalty t a fine of seine was pulled under the. ice for have another reason for aversion to ." $100 and sixty days in Jail. about a Calf miles and hauled through -this socialistic- and paternalistic pro-- 1 NEED an should be architect made of, a by largo hole In the Ice, it contained gram:- - This Is a reason which made commissioners have 3000 andJhe today,' pounds of fish and as the lake is Mr. Bcyan's winking1 at government been the various about considering plans twenty miles long by six miles ownership and operation of rallroads - It wide, and there are submitted six for .about: .weeks. probably.as many ' n Kls 'the detract from; popularity was decided as there were In last In that fish -however,, night, every part hi tbur . triumphal sonth just aflef. t more time wa needed in whrch id re- the area covered by the seines mention-ed- t abroad in hls'tpeech upon landing. view the plans - and further consult Mr3Iad3?nj3 Brtdpubtedly correct Goef nmcnt operation of these utili' "theWith . selecarchitects before the In his statements. ties means obliteration of the color r After having been in session over j. tion showld,.le.finade.iiN.,::.ii . v The company which buys the fish line, v The "Jim' Crow" car system In throe- hours- last night, the capltol M. S. Browning of Ogden, a member pays, about 2 cents per pound.' f. o. b. commission decided ,t? postpone' two vogue" upon- - all southern. arthe commission; finds it necessary Provo. . The express charges are 3 of of week's the announcement Its j. 'wouldhave to :be "discontinued'.- and make a fortnight's trip to Los Ann cents per' pounds lo that the fish cost to ! successful.; are chitect whose, plans whites" and blacks' "would ride In and theufiaal vote on the plans the packing company, laid down la commission was geles, WTien ihe appointcoaches together. Southern- senators . , will be deferred until his return. shout B cents per pound.. selection the wasi that It ed, stipulated (Continued on page two.) ' aua sewed. Men's '.y-,-- -, ... --a'speoiaff? 1 at $1.00 ' ' ' "(wi-u- .,! Half StClthCtfpri ' 8or0bwsbr " i he : MORE TIME ' Oil IHE PUIS ". -- -- . - ' - , B. and--Citi- ' 'oroTTKeoTrafinirooTnl -- 'i .Martin, sauna. g s J 1 ' j..z--i -- favor-seekin- 1 A -- - . - V'- - - g InthTs tify the surroundlngs-'A- nd able to enjoy the society where be "it profits of the institution, 'it makes " on .. page two.) . (Continued 1 HELD FRIDAY, 7 P. M. Roll call Minutes of last meeting. - control of all highways wherever op$7,000,000. erated, innumerable drays, wagons, au. The" 'total amount expended upon tomobles and warehouses and the en- the Panama canal to Oct. 31, 191t,-w-as TargemehThnie:uTiaing" 6Tpo"stoT $252,732,369. Upon it much more will fices necessary to carry "the billions have to be spent. of parcels" predicted by the postmas It is estimated that the Sherwood ter general. The condemnation and Pension bill means an expenditure of taking of the property of the express nearly $75,000,000 yearly. Democratic companies, they say, would almost inleaders do not want such ajleficlt as wyltablyre3ultin the government own was charged to them in 1894, to con- ership and operation of railroads, front, them in the coming campaign, something which the "Postal - Progress v y ....... - engineered especially in view of the. declarations League" which hasthe of their platforms regarding economy campaign for Parcels Post openly ad in the public service. vocates , with lowest possible rates Of thos.who would "run riot" with regardless of distance," as they ex- t&e hey hay; beeu-ask-- j $Kcy bkmks '4)Xess ItrHeillvJ)!!! H. R. introduced a make we "If deficit, how would last session provides' for, this.. ing, It look to have these words from the As American postal employes are last national platform quoted upon paid about twice the salaries of em- in-- ses- US7 ployesrot the express companies, twice made' sion just ended has appropria- the salaries of postal employes in tions amounting to $1,008,000,000 ex England and three times as much as ceeding more than $90,000,000 and in some countries, and as the aver leaving a deficit of more than $60,000,; age haul would be at least ten times denounce as long as in England, 4 is estimated the needless waste of the people's that the deficit from Parcels Post money which has resulted in this would amount to at least $150,000,000 increase as a shameful viola yearly. Such corporations as Mont tion of all prudent conditions of gov- gomery-War& Co. and others have ernment as no less than a crime had their representatives in .behalf of ns of working men this legislation before- the -- 'Senate and women from whose earnings the postoffice feoraraittee. "This Iscausing great proportion of these colossal some of those who want to avoid the sums must be, extorted through ex impending deficit agajrf to point to. cessive tariff exactions and other in what ' is said in the Democratic- - plat ; direct methods. It is not surprising form about "favor-seekincorpora in view of this shocking- - reconi that lions." . the Republican platform contains no Postmaster General Hitchcock has reference ..to economical administra- alreadyl recommeDdedgoyemment tion or promises thereof in the fu- ownership and operation of the teleture. We demand that, a stop be put graph systems; Thesewould cost to" this frightful extravagance and in- $250,000,000' and add about $100,000 sist upon the strictest economy Inev- - employes' under direction ot the-pos- t The New York ery department compatible with fru master general. Times says that the English govern gal and efficient administration. "Coincident with the enormous in ment's operation of telegraphs is lo3 crease in expenditure is a like add! Ing the. English government much tion to the numberof rated money. A busiwssi mayjjg-pp- e were add 23,784 the last as year During a, private enterprise successfully ed, costing $16,156,000, and in the last and yet, be a great loser through more six years of the Republican, adminis extravsgant government operation. tration the total numberOf newof Adherent of Senator La Follette and fices created haB been 99,319enUll- - admirers of ing an additional expenditure of near- - now say that if the president did not as against only ,10,279 have the .."p'uILV. of the 'officeholders new omces .createa unaer ioe vieve- - he could not be renominated. That land and McKinley administrations, the president Is not emphatically which involved an expenditure oi only averse- - to this extension of federal We 'denounce this great authority is Indicated by the report $6,000,000. Snd growing increase of the number that he is now r considering having : .. .. : r y Snt8... ' "The conscience of - the nation is .that there is no securlty ln, this state better than, the security' held. by this now', aroused to free' the government society, ' the spirlt of the society ,haa from the grip of those who have made been maintained as that of an insti- it a business asset of the ' .corporations. It must ".become tution for those whe desire helpi to ' a people's government and be again own women their in, get men and administered a that" according to the Jeffer-sonja- n will have homes they" greater maxim rights to ffll and desiretQ improve' and"beautKy "the.ir special privileges to none.r".r; It is . very .bacd-ma-tr aurroundlngSi ter lor a man who, pays rent "to plant In "View 'pf the Innovations how proflower , gardens inVother people's posed of. government ownership and yards, but when 'he -- gets his own operation .of the' express, telegraph, Democratic hqme he Immediatelyrbegins to beau- telephone' 'Business, etc.; andTbelieve1m71Bafe-ln'eayin- .' '.'..---- prying business is sure to be "followed by a terrific effort upon th6 part of all those.'.. "who have, .privately; it hot publicly, accepted the teachings of socialism, ror tne government s en trance into ownership and operation of the telegraph systems; and, if into these, why not into all others? jylly-470,000,0- 00 .. ..... the that5&overEexpfestr- against-the-mHlio- u ment, besides setting aside the 10 per y- -- nentlfl-BPteaBseto- the ordinary expenditures. The Rural Free Delivery News, pub-- ) lished in Washington as organ of the National Rural Letter Carriers' association says: "The inueh vaunted surplus appears to have been due to the failure of the department to pay its bill3 and. the antiguated system of It says that in there is a deficit In the postof-- f ico department this year of about " ' hesee-iayia- g T60'''WereJ45j01in.wcegs-- . ' old-lin- . l home and Is used for the building and improving of other' homes. During the past year we have been ableto: declare a dividend in round -- . book-keeping- ." ProvoT UtahT FebT 13, "1912." To the Stockholders of the Provo Building & Loan Society: ' At the close of this our eighth year, I desire to congratulate you up- on the success of this society. It has - ship and operation of the same. The historic Hpositipn 'of the Democratic party, it is recalled, is" that public eje- penditures shall be limited to the needs of government economically Republican members of declare that in. this attipropinenco tude there is little or. no difference between those who follow the Ideals of Jefferson and those who follow the Re principles of Lincoln. Old-lin- e e Demopublicans as well as crats, not Imbued with Socialistic principles are now sometimes predicting that, wifhin a surprisingly few --years, they will be found shoulder to shoulder fighting Socialism. ... Washington, D. C, Feb. 13, 1912. Representative Oscar W.. Underwood, chairman of the Ways and Means committee of the House, has sounded . a warning against Cpngres-siona- l extravagance. It look3 now as though- - the' "pork barrel" would, have to be Tset In a corner untapped. Even expenditures for the District of Col- umbia are greatly pared. A contemplated expenditure of $16,000,000 for public huildlngs ha3 been shunted in caucus. Not only House Leader Underwood, but other prominent Democrats have been talking inventory of the siuation. Here are some of the things disclosed: "The ordinary . , - ... 7 to-epe- ,Jve PROVO, UTAH, WEDNESDAY, FEBRUARY 14, 19127 '.ir m r"!Vt i IL a n i 1J a n L a fll. ,... Lll n iii r:iiru rr "nL r r i I. i ii i uuuiLri i iuiiv ui LumL 1 RA "J3 New-York- y- |