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Show r J. A. HENDRICKSONS SECOND ARTICLE -- ON THE BANK TAX QUESTION BRINGS UP DIFFERENT LINE OF ARGUMENT Continued from Page One) in like manner quite my w4kle and what applies to Logan will v. count of the clearly, apply to the balance I believe I made it clear to those who read my former article of this that if the Logan banks failed to meet, theirto portion similar a meet failed to $21,303, appl Years' taxes amounting I also of gave total a $12,610. would make this next amount year to raise this deficit by the in order showed that clearly figures ease in next remaining taxpayers it would necessitate an inciadded to this cent 17 of amount to an per taxes equal years a man pays this for to $100.00 is That every say, tuxes. years The city, county and year, he will have to pay $117.00 next year. each for amount asked year in their levy. the state are needing Hence it follows that whatever amount is lost must be made up means the by increasing the levy, or by borrowing which only actual of the . payment. . delay The attorneys of the banks ami the state attorneys join m the conclusion that it will take at least two years before the matter can be settled, and that will require two years loss of X revenue expected from the banking institutions. Who Are the Losers to meet their part of the citys, counrefusal banks If the meant all gain to them, and no states and maintenance, tys, all loss to others, we would join with the banks and rejoice tomove was the result of a real their conclude that and gether meritorious thought. If that were the case, the merchants,, the farmers, and others who are having their hands full of troubles would quickly catch the idea and likewise refuse to meet their taxes, and we would all rejoice together and conclude that the doors. Wouldn't, that be a happy illenni'um was right at-o- condition ? Bht the facts do not justify such a conclusion. Indeed not! Whatever the banks of Logan, Cache county, or the State fail .to pay in taxes, the rest of the taxpayers must pay. They will not have to meet it in the year 1929, but it will have W be paid, and this years loss with next years loss must be paid next November, unless perchance the amount is borrowed for a short time which means only a delay of the actual payment for it must running wild' would "bring prompt action from the banking authorities to make funds harder to obtain for speculative purposes. On Out Names of the other hand, every effort will be made to keep rates within reasonable bounds for the use of legi1930 Deputies timate business enterprise. Business by the Babson chart (Continued from Page One) now stands at 3 per cent below to With the approval of the coifnty in the United States in order normal compared with 5 per cent commissioners, R. S. McQuarrie, obtain money to develop their in- above normal at this time a year They ago. county assessor, announces the ap- dustries and to buy our goods. do that with the pointment of the following Deputy can go ahead and Assessors for 1930. money which is now returning from Wall Street. W. John Crawford, Q. Logan, J, WELLSVILLE Move Adams, Garrett Dahle and Serge Money Will To The Interior B. Benson. While Wall Street will probably (Continued from Page One) Avon, Geo. C. Nuhin. be the financial center of always H. F. Hyrum, Liljenquist. no will longthe United States, it gave each a sack of candy and Wellsville, Herman Theurer. er enjoy a monoply of credit. There nuts and A a popcorn' ball. Millville, Harry Hoodless. must be a redistribution of money program with numbers from each Nibley, Alma Riggs. from New York to the interior of grade was enjoyed. Dancing College, Nephi Nielsen. the country. The member banks of followed the program in the reProvidence. E. P. Hansen. West still Middlewest and the . creation hall. Mendon, Wm. L. Kidman. have heavier rediscounts at the Mr. and Mrs. Earl Wyatt Benson and Petersboro, Hyrum Reserve banks than those of the motored to Ogden on Tuesday Kidman. heavier area. These New York Newtoln and Cache ' Junction, reveal the need for and spent the day. borrowings Fritz Ecklund. movement of credit to the West, Mr. and Mrs. Rol Leatham and Clarkston, Geo. J. Myler. and this movement will undoubt- family of Wyoming came WednesTrenton, Henry J. Hauser. day to attend the funeral of his edly take place during the coming mother Mrs. Rachel G. Leatham Cornish, Wm. P. Dopp. months. So long as 10 per cent Lewiston, C. Durrell Hendricks. call money in Wall Street was at- held on Friday. Mr. and Mrs. Thomas S. BradCove, R. L. Allen. tracting funds from all over the Smithfield, Geo. G. Nelson. there was no possibility of shaw, Mrs. Jannett Jones and country Hyde Park, Geo. Z. Lamb. the stringency of inter- Mrs. Thomas Llndley motored to R. D. Smithfield, Ed. Parsons. relieving ior credit conditions, but with call Richmond on Wednesday to atNorth Logan, Wm. E. Nyman. rates at 4 per cent little tend the funeral service held for There are a few yacancies which money should be Encountered Mrs. Manassa Barnes. difficulty a filled will be at later date. The in moving funds from New York to M. I. A. CHRISTMAS work of listtag the taxable proper- other sections. The agricultural PROGRAM The following Christmas proty will begin immediately after the areas of the South and West should first of January. benefit from easier noney . as the gram was given at the M. I. A. ' Mt. McQuarfle urgfes automobile result of this redistribution-by tne Wellsville ward: owners to acquaint themselves with Bond Prices Kind , . Duet, Words are Sweet .Tones, Kenthe new law governing the issuance Should Improve of auto licenses by the secretary While I do not anticipate muc! neth Murray and Parley Hill; of state. This law, which was pass- lower money rates than at present organ solo, Mrs. Anona Maughan; ed by the last legislature, requires for some time to come, the current Christmas poem, Little Jim, every auto owner, 'before securing levels are low enough to stimulate Miss Margaret Bradshaw. A Christmas program will be a license, to obtain a certificate a substantial advance' in bond of assessment from the county in the Sunday schools Is presented that governIt significant to the effect that the tax prices. ment bonds are now selling 3 to 4 of both wards on Sunday. Mr. and Mrs. Nephi Green, Mrs. has been paid or attached to real lower than they were iln the estate. The deputy field assessors in points low money period reached Moroni Green, Mrs. Leroy Green previous the various precincts will be au- in 1927. Many high-graClifford Olsen of indus- and Mrs. thorized. to Issue these certificates trial., public utility, and railroad College ward motored to Ogden in order that they might be secur- bonds are selling out of line with on Wednesday where they, spent ed with- the least amount of in- the new money conditions. .They the day transacting business. convenience to the auto owners. offer excellent yields and a chance Mr. and Mrs. Rulon .Everton and Earl Willison of Logan, Mr. Applicants for these certificates for moderate appreciation. must present their certificate of Furthermore, I believe that any and Mrs. Joseph Rrenchley and ownership from the state auto re- indication of the stock market Miss Flora Brenchley motored to gistration department in order that the make of car, serial number, motor number, year of manufacture, name of owner, etc., might be properly recorded, otherwise owners will be inconvenienced by 7W' HealtK Queen Statistician Says "Plenty of Money at Reasonable Rates for Legitimate Business Assessor Gives 1- -2 -- meeting-Tuesday-eve- ning as-ess- or, be paid and paid in money. ' Amount Assessed to Each be will $300.00, and I confess I am too stingy to My share stand by and say nothing and I here and now notify the assessor of my objections. Will the merchant along the street, the automobile dealer whose hands are loaded to the brim, will the farmer, many of whose taxes are now advertised, and the widow with her little home, be willing without complaint to meet this 17 percent advance? You may answer that question yourselves. Over $100,000.00 of this citys and countys taxes remain unpaid at this date, which is 33 percent more than remained unpaid at this time a year ago. delays. Let Us Reverse the Case As above stated, the banks share of Logans taxes is $21,305.51. I have ip mind five other corporations and individuals in the city whose combined taxes equal $21,394 or $88 more , Saturday, 'December 21, 1929. THE JOURNAL, LOGAN, CACHE COUNTY, UTAH PAGE SIX i de - I? Schools Add , Considerable To Community Life (Continued from Page One) school workers; A. G. White, W. G. Reese, Joshua Homer, Joseph A. Godfrey, John E. Carlisle, H. Thomas Bradley, Frank " Shumway, John E. Griffin, J. Everet Hancey, Prof. J. C. Hogen-seJohn C. Carlisle, J. J. Chandler, Reese Maughan, F. O. Nelson, Preston Maughan, Blain Winters, Maggie Sparks Cutler, Lousia Bradley, Miss Dailey. Lavon Smith Gibbons, Ruth Christensen Dye, Bertha Nish Ravsten, Ann Godfrey Hansen, May .Anderson Buttars, Mary Peterson Thompson, Abbie Scholes a'nd many others who only stayed with us one year. At the present time we have as principal, Kimball G. Slaugh, J. P. Malmburg. Leila Hone, Tellma Goodey and Agnes Godfrey. With Thos. Buttars as the driver of the school bus which Associated Press Photo takes 32 students to North Cache Virginia McNeal of Moorehead each day. 'Miss., won (he title of health queen The Clarkston ward is composed of Mississippi and has been chosen of 640 people and Is active in every as one of the three healthiest girls respect. Our bishop is R O. I&osle hr the United States. , with Joseph O. Christensen and Kenneth Thompson as counselors Ogden on Sunday where and John Higgle as ward clerk. were guests of Mr. and The following gentleman make William Terry. our town board: Thomas Jenup Mr. and Mrs. Irvin Glenn and sen, president; Jospph G. ChrisMr. and Mrs. Wilford Baugh of tensen, Thomas Buttars. Louis Logan, Mr. and0 Mrs. J. S. Brown Godfrey and H. M. Godfrey. They and Mr .and Mrs. B. M.- Thomp- have served us efficiently for the son and Mrs. C. Thompson of past two years and made many Hyrum -- and Attorney - and Mrs. needed improvements.iix.our town., Aaron Leishman of Brigham citv January 1 the following will take were among those- from out of over the management of our citv: town who attended thfi cantata J. P. Mqlmburg, Thomas Goodey, on Wednesday evening. Clarence Clark, Thomas Buttars, and Josenh G. Chritprisen. STOCKHOLDERS MEETING We really believe that we live in the best town in the best county in The regular annual meeting of the best state in the U. S. A. the stockholders of the First NaA new weather strip for the tional Bank of Logan, Utah, will be held in its banking room on bottoms of doors springs up to Tuesday, January 14th, 1930 at clear carpets or rugs when a door 4 oclock p. - m. for the election on which it is attached is openof directors, and the transaction ed. of such other business as may A machine has been invented be proper. A. SONNE, Cashier to insure that pies and cakes are cut into any number of pieces of Dated at Logan,- Utah, DecemAdvertisement eaual size. ber 9th 1929 n, , , - - . -- - . i than the- banks are asked to pay. Now suppose these five firms for some good reason as they see it, should refuse to meet their taxes this year and next, and all the remaining taxpayers including the banks were called upon to make up the loss. Let us figure how the banks would fare in such an event. As I figure it : .Thatcher Brothers bank would have to pay an additional $1,985 839 First National Bank would have to pay an additional 793 Cache Valley Banking Co. would have to pay an. additional - BENSON DEPARTMENT Benson, Dec. 20 Two Sunday members of the Cache Stake, D. P. Murray and Miss Vesta Schaub were In attendance at the Benson Sunday school last Sunday. S'- School MARRIED i Total $3,617 Is it your opinion, dear reader, that if the above turned out to be a fact, there would be no complaint coming from other heavy taxpayers? Yes, indeed, there would be from all the taxpayers including the banks. If they were thus imposed upon, and it would most assuredly be an imposition, is it reasonable to t supbose'-fhathey would stand by, say nothing because of these firms refusal to meet their share of the burden through some excuse which they deem just, while 99 percent of th epeople felt it was unjust? I know your answer, and I know what the banks answer would be. In fact, we and the banks would join together and see to it that we were not imposed upon through this claim of unfair competition coming from these five institutions. Merely the claim of unfair taxes would not be a palpable excuse and would not put a quietess on all the rest of us including the banks. But we would all join hands and maintain our rights and request those 'firms to set right up and help carry their responsibility incident to the maintenance of a peaceful government. The Boston Policemen ' that all home Suppose owners, and the farmers of Cache would join together and refuse to meet their taxes, let us say for three years, and allow the property to be bought in by the county treasurer. What would happen? The county could not obtain a clear title inside of four years and long before that time the county and city would be in bankruptcy, and there would be no officers to administer the laws. It would be unlike the Boston episode wherein some years ago, all the policemen struck for higher wages, leaving the city open to vandalism and murderers. When Governor Calvin Cooiidge saw the situation, he immediately dismissed every policeman and appointed an entirely new set, when peace soon reigned in Boston. But with us it would be different, for no man could afford to accept a city or county position unless remunerated for his services, and there would be.no money in the city or county treasuries to pay the wages. Disorder and vandalism would be prevalent throughout the county. You may say this is a idea, but it is only carrying out'ttfsome extreme the principle of the new move on the part of the banks from whom we expected a better example. As far as the unfair competition is concerned in this county, I have investigated this claim somewhat carefully, and find but one mortgage and loan institution of any consequence, and this is owned largely by the same people who own the connecting bank, and I find but three building and loan associations that are doing business of any importance. But these are borrowing money and paying higher interest than the banks can afford, and are not paying a tax equal to the banks. Then I look at tjie various banks financial statements, and observe that their savings accounts are larger than they ever were, and their financial statements as a whole look very good to me, and I know they look good to the banks. J then further observe that one of our banks with their reserve has purchased a large hotel building, another one has invested a goodly part of their reserve in an elegant new building while the third is spending not legs thna $30,000 in improving their banking home, all of which indicates to me fairly good prosperity, and these facts tell me that they are bettei able right now to. meet their share of the and state gov erament and continue the march of progresscounty, than the 3 merchants, some of whom are Tailing, and can not meet the demands. upbij. them and the farmer who does not know what a t leisure hour or an extra dollar means. ' , Have I now stepped in where angels fear to tread ? ' f x J. - ' . ' '' . K HENDRICKSON. ' - far-fetch- . Joseph Creston Parson Was ordained an elder on Sunday last. It Is his intention to take upon himself a gerat. responsibility that of a married man. He and Miss Bessie Meikle, daughter of Mr. and Mrs. Mickle of. Smithfield. are to be united in marriage in the Logan temple. Joseph Creston is the son of Mr. and Mrs. E. A. Parson. He is an industrious young man of good habits. The many friends of these young people wish them a bon voyage on the matrimonial sea. LEAVES SOON FOR DANISH MISSION Elvin C. Jorgensen, son of Mr. and Mrs. Joseph C. Jorgensen is to leave making arrangements shortly on a mission. to Denmark. Cash Smith underwent an operation at a Logan hospital on Wednesday last for a ruptured appendix. He is getting along as well as can be expected. Mr. and Mrs. Willard Saunders are rejoicing over the arrival of a fine baby boy last Sunday. Mother .and babe are getting along nicely. Friday evening in the Benson meeting house the Farm Bureau gave a dance for the married people. Many people were in attendance and everyone had a genuine good time. The following ladies attended a trousseau tea given by Miss Bessie Meikle at her home in Smithfield on Friday: Mrs. Andrew Munk, Mrs. Cyril Munk, Mrs. Lionel Munk, Mrs. Vernai Munk, Mrs. Jerome Funk, Mrs. Melvin Ballard, and fljrs. E. A. Parson were in attendance. Russell Lewis met with an accident which resulted in cuts and bruises about the head which necessitated his having eighteen stitches taken. Mrs. Idle Reese and Mrs. Emma Reese motored to Ogden on Monday. A motion picture film invented in England having a paper base is claimed to have 50 per cent longer life and 25 per cent more transparency than existing films and to cost less. , -- -- Give a Bosch Radio for Christmas and you give The Best in Radio. It is the radio that is correctly engineered to the tubes its tonal quality new screen-gri- d is unapproached, its selectivity and sensitivity are revolutionary. Your family will always be proud of their Bosch Radio the faraway stations, the small Save Money By going to J. 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