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Show aL1na sUR SAUNA, Lit AH. a Take the example of the Illinois Power & Light corporation supplying power and light and various other public services to people in 350 cities and towns of five Central states. There is nothing to dread for the general public in this gigantic Utah. Sevier at Salinaf Issued Every Friday County, utility having more than 13,000 stockholders, most of whom are employes and customers and who get dividends at the rate of 7.25 per cent. Subsciiption Rates Is it any wonder that a still larger number desire to invest and $2.00 One Year . . 1.00 share in the profits of such companies? Six Months 75 Are not stabilizing public policies and public relations on a Three Months PAYABLE IN ADVANCE large scale turning the tide against manifestations of radicalism and minimizing the revolutionary process? It is on sound, sane and scientific lines of public business that Entered at the Postoffice at Salma, Utah, as Second Class Mail the real interests of the producer, consumeh, laborer and investor Matter under the Act of Congress of March 3, 1879. of capitaLanre united and best safeguarded. nniuiTT? (25 A TF TTlR'yY A HlH,H'f,M,t'HH'H,,t,t,M' (CTT THMT tWlLXl . ADVERTISING RATES. inch per month, $1.00; single issue, 25c. Per Display Matter Special position 25 per cent additional. Legals Ten cents per line each insertion. Count six words to line. Readers Ten cents per line each insertion. Count six words to line. Blackface type Fifteen Cents per line for each insertion. Obituaries, Cards of Thanks, Resolutions, Etc., at Half Local Reading Rates, Count Six Words to the line. Tor Sale, For Rent, Found, Lost, Etc., Ten Cents per line for Each Insertion. NO CHARGE ACCOUNTS. H. W. CHERRY, Editor and Publisher. 4 4 4 'S SI '4 Something Good To Eat 4-- When you want to serve a . s 4 Special Meal to company or to the home family; come to 4- - Oar Store and get yoor 41 Placing European governments broken down as result of the world war upon a sounder financial basis is going to make an enormous demand for American silver. For instance, the United States mint is coining 18,000,000 silver pieces for the Polish government which has adopted a new monetary unit, face value 8 cents. American silver producers are supplying the silver and alloys to the United States mint to manufacture these coins in single and double units. It is probably impossible to ever put all the European currencies upon a gold basis, especially when the people of those countries generally prefer the use of silver. Some of those countries at present would be very happy indeed if their respective national treasuries were even upon a silver basis, hke Mexico, Central and South America. Investments of eastern capital are being freely made in western Conditions mining properties and this will probably continue. which encourage this greatly benefit not only the West but the whole iation and the world. 1 I Everything Fresh and Clean 4 4 4 4 Salina Meat and Supply Co 4 The Most will be v wells. Naturally, it can buy gaosilne and sell it from untaxed filling stations cheaper than the man who pays taxes to enable the state to sell gasoline "at, cost" to consumers. How far could this policy be extended without putting the state completely into business, or priThe consumer and private industry completely out of business? vate citizens will pay the cost of whatever they use either through taxation or in direct charge on articles purchased. Tuesday and Saturday in the school systems of Our Country. General introduction of school savings deposit systems, with millions of small depositors drawing interest, are to be introduced in the common schools and colleges. Progressive banking houses are taking up this matter on practical lines to counteract the tendency of children learning to spend money before the have acquired earning ability. The morality and stability of character, to say nothing about individual honesty and saving habits, of the child can be conserved by such systems for the welfare and prosperity of the individual, the family and Our Country. L I. SHALL WE SAIL OR SINK? As a general principle of government and political economy, considering long periods of time, it may be stated that what is called the revolutionary process is always being promoted or retarded. The most advanced and progressive thinkers, including radicals and anarchists, supply a constant stream of education, for sound and unsound policies. Of course, when the waves of agitation, storm and stress, mount too high, the ship of state does not sail on the sea of prosperity and sometimes it sinks. Sound public policies and sound public relations between large industries and the general public minimi:.? the tendency toward revolutionary disturbances and help bring about a maximum of steady employment and safe business condjiicr.s. It is generally admitted that ood business methods are much more efficient than political methods or the short cuts taken by' politicians to benefit special cuassesor create a high state of prosperity. A sound banking system and a successful industrial policy, are established in Our Country and sounder public relations between corporations and public utilities are b ting brought about. Leave orders with Emmet Robins or Address Harry Bell Monroe, Utah ailll iiiiiyiiiii.iiJiiiiiiiiiiiiiaii.iMi 33 33 NONE NONE NONE Customers Liabilities on Acct., Letters of Credit Eederal Reserve Bank Stock dash Short 8 8 8 3,000.00 NONE Total $685,477.44 LIABILITIES $ 25,000.00 SALINA SALINA UTAH O F - Member Federal Reserve System 8 75,000.00 21,965.38 3,500.00 53 33 0 8 33 NONE 65,672.00 33 265,534.66 3,158.70 2,000.00 8 270,693.36 33 519.08 1,400.00 221,727.62 Savings Deposits Total Time Deposits Bills Payable with Federal Other Bills Payable Suspense Miscellaneous Letters of Credit Bonds Borrowed Cash Over ill iiffili ililllOiil lEIiiili!! HI HI IHilHIU I 8 5,258.98 Total Demand Deposits Postal Savings Deposits Time Certificates g 2,012.96 820.00 064.02 Suspense Miscellaneous ings systems. on Thrift Education, advocates courses of study on these lines delivered in Salina 1,762.00 Capital Stock Paid in Surplus Fund Net Undivided Profits deserved for Taxes and Interest THRIFT IN PUBLIC EDUCATION Due to Approved Reserve Banks The recent session of the National Educational Association at Deposits of Other Banks Washington, D. C., emphasised the importance of thrift, teaching Deposits Subject to Check economy in school administration and introduction of universal sav- Cashiers Checks Dividends Unpaid Arthur H. Chamberlain, chairman of the National Committee 1 Every NONE same theory. clothing on Silver The state makese no deliveries of gas to outlying districts, it Jurency maintains no reserve supplies, it pays no taxes on equipment used Total Cash on Hand in producing gasoline, it is not bothered with the expense of drilling 1 Pure Artificial Ice from Pure Water neg-,igen- . ICE! KEEP COOL re-jort- ed 1.00 1.00 1.00 35,487.28 50,747.36 ' Grocery Store in Salina Ufi-To-D- ICE! FIRE-CONSCIO- .tanking House urniture and Fixtures SOMEBODY PAYS Dther Real Estate Owned There has been considerable agitation in some sections for the lue from Federal Reserve Bank states to sell gasoline on the theory that they can do it cheaper )ue from Other Banks than private companies. Exchanges for Clearing House It would be just as reasonable for the state to sell groceries or Jash Items told the . Vegetables. 4 4 TARMERS SUPPORT SUGAR DUTY Since the recent report of the U. S. Tariff Commission showed that the tariff on sugar is one of the very few duties on imported products of which the American farmer receives the full benefit the various farm organizations have been watching developments with keen interest, as is indicated by the following resolutions adopted by WHEN IN FOREST PUBLIC SHOULD BE the American Farm Bureau Federation: Campers and smokers being by far the biggest factors in number Whereas, it appears an effort has been made by certain inf forest tariff fires, the closing of all roads into the National Forests to rates upon sugar terests to bring about a change in the existing ampers is being considered by the North Pacific District of the For-s- t and, Service, to reduce the danger of a general conflagration. Whereas, it is authoritatively reported that recommendations, From March to Junel, of this year, 124 forest fires were with respect thereto jyill, in the near future, be made to the President in the 22 national forests of Oregon and Washington, 57 in of the United States; and, i This is a most unusual situation. August he last ten days of May. is a vital and an extensive Whereas, the beet sugar industry industry throughout the major part of the western states of the union, s usually the worst month for forest fires. Now is the time for greatest caution and persons guilty of and any lowering of the present tariff rates would be a serious setwith fire in forests should be dealt with severely. back to the agricultural interests of said region, and consequently to all other interests of the country; Report Made to the Bank Commissioner of the State of Utah Now, therefore, be it resolved that it is the sense of the Amof the Condition of the erican Farm Bureau federation that the existing tariff rates should FIRST STATE BANK OF SALINA remain undisturbed until fair adjustments can be generally made, Located at Salina, in the County of Sevier, State of Utah, at the and it is the sense of the executive committee that Gray Silver, Washclose of business on the 30th day of June, 1924 F. B. is instructA. be and he of the F., hereby ington representative RESOURCES ed and directed to take such steps as shall seem advisable and as Loans and Discounts $588,187.35 shall be consistent with the present status of this question to the end overdrafts 2,723.06 Facts that said existing tariff upon sugar shall remain undisturbed. 70.41 liberty Loan Bonds About Sugar. NONE Haims and Judgments 1 sop- - ply of Groceries, Meats and . USING AMERICAN SILVER n 33- - 33 JAMES FARRELL, Pres. H. S. GATES, V. Pres. H. B. CRANDALL, Cashier C.E. PETERSON - E. V. JOHNSON, Asst. Cashiers 223,646.70 NONE NONE NONE NONE NONE NONE TrrrTTTTTTTTTTT'TTTTT?VTVTTTTTtTY7l'VttTf7VtTfTt3Tl NONE Reserve Bank 33 33 EKIKXSIKXXCSCSXSXSIKXSJKIH I TOTAL E $685,477.44 CONTINGENT LIABILITIES Foreign Bills of Exchange or Drafts guaranteed by this bank and not otherwise shown under discounts NONE NONE Total State of Utah, County of Sevier. II. B. Clandall, being first duly sworn according to law, desposes and says that he is cashier of the above named bank; that the above and foregoing report contains a full, true and correct statement of the condition of the said bank at the close jfHbusinesj on the 30th day of June, 1924. H. B. CRANDALL Subscribed and sworn to before me this 9th day of July, 1924. E. V. JOHNSON (SEAL) Notary Public My commission expires the 19th day of October, 1926. Correct The Sevier Valley MercanI Attest: CHRIS JORGENSEN IIYRUM S. GATES P. C. SCORUr Directors State of Utah, Office of Bank Commissioner. I, Seth Pixton, Bank Commissioner of the State of Utah, do hereby certify that the foregoing is a full, true and correct copy of the statement of the above named company, filed in my office this 15th day of July, 1924. SETH PIXTON, Bank Commissioner. 4 tile Company has taken over the agency for the International Harvester Company line of Farm Implements. Complete line of extras for all l.H.C. Implements in stock at all times. SEVIER VALLEY MERCANTILE CO. I4 4 4 4 4 4 4 4 4 4 4 4 v 4 4 4 4 4 4 4 4 4 4 4 4 4 4- - |