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Show iHE SAUNA SUN, SALiNA, HOW TIMES CHANGE? THE SALINA SUN Issued Every Friday at Salina, Utah. Entered at the postoffice at Salina, as second-clas- s act of Congress of March 3, mail matter under the 1879. SUBSCRIPTION RATES $2.00 ... - in making change of address give old address as well as the new. on Application. Editor and Publisher H. W. CHERRY . The League of Nations advocates in the United States Seriate seem to have fallen on evil days. Do yoa remember how rampant and how militant they were .when the fight on the League covenant started in the closing days of the Wilson adminisHow they insisted that we would ultimately have to go tration? and our international the into League to preserve our morality? Well, times have changed. One of tie greatest knights of the League, in those days was Senator Walsh of Montana. But now Senator Walsh is advocating the League court, because, as he says, it i3 not controlled by the League, and is perfectly independent of if. In an address delivered in the Senate last week Senator Walsh said: It is absurd to speak of tb World Court as being a department of the League of Nations by reason of the advisory opinions, and change dthat assrtions coupling by the League and the World Court constitution were.bejng recklessly made and memdaciously repeated. Now, if entering the League of Nations were so good a thing back in 1920, why is it not as desirable today and why (s that valiant leaguers like Senator Walsh are so vehemently asserting that the Either League and the League Court have nothing in common? they have changed their minds, which is doubtful, or they arcanxious to get the United States in as far as possible in the hope that, another little push later on. will pltmgfc U3 all the way into the international OrSEIJSKXSXS&ffiSESXSKCSM' 8 8 f 1.00 Payable In Advance Advertising Rates Given . 8 self-respe- tne Year....; Six Months...- ul AH WHO BENEFITS FROM BANKS It was emphatically stated at the last convention of American Bankers Association that there has been too much of an air of mystery about the banking business with the result that banks have been 8 SALINA SALINA UTAH 8. r Federal Reserve System 8 F O - Member 8 8 8 8 8 8 8 8 that we want to be sure we know where we are 8 ' misunderstood and vicioudy attacked by demagogues. Speakers asserted that bankers themselves had made a mystery of banking, when. .t.hee is no mystry. The fact that banks cannot prosper with- for the whole community has seemed so obvious to banker that he has failed to remind the public of this fact. An earnest effort to meet this situation has been made by John T. morass. - Cooper, Vice President of the Security Trust and Savings Bank, of The moral i3 Mr. Los Angeles, one of the largest banks in the United States. going before we start. Cooper Says: Many People sincerely believe that the big banks are of greatPefhapsthe Fi;epch debt wiffBe settled on the basis of the Owen Jensen was down from ProThis is not true. An analysis of all I est help to the big borrowr. vo this week visiting friends and Baltimore Sun. rench. capacity for evasion. the mortgage loans in our bank, including all its branches will astonlooking after business matters. benefit of the ish those who believe banks pile up deposits A REPORT big man. "Sixty-si- x per cent of mortgage loans are for amounts of $3,000 and under; of these loans almost half (31 per cent) are for amounts ranging from $1,000 to' $2, COO; while 20 per cent are for amounts from $2,001 to $3,000. Loans ranging from $3,001 to $10,000 rnwunt to 26.3 per cent of the total number of loans and those hove $ 10,000 constitute only 7.7 per cent. The s.ame condition txists in. the heart of tire financial center of the city as in the most lnk Commissioner of Made to the NEWS NOTES FROM the State of Utah, oFthe condition of REDMOND . BANK THE FIRST STATE -- : . SALINA OF a "Ir Located at Salina in the county of enMrs. Brienholt Jane charmingly of close Seeir, State of Utah, at the birthbusiness on the 31st da-- of Decem- tertained twenty guests at a week. of last day dinner party Friday ber, 1925. , At ix o.elock an elaborate dinner distant residential or rural branch of the bank. was served. $688,829.93 Logins and Discounts of "Ltoana in excess of $100,000 constitute only thrfei-tenth- s 724.31 Overdrafts .. Mrs. J. A. Christensen entertained 484.11 one Per cent of the total number of loans and only 16.6 per cent of Liberty Loans afternoon to a number of Thursday 1.00 the total amount of money loaned. Banking Hcu-.at a social time. A delicious friends 1.00 The great beneficiaries of our banks are the wage earner, the Furniture and Fixtures... dinner was served at four oclock to 1.00 Other Real Estate Owned thirty-fiv- e moderate salaried man, the small home builder, the famiy to whom Due from Federal guests. a small loan is if vital importance. Reserve Bank 37,076.95 Mrs. Peter Andreason, one of RedSuch being the case, how can our large banks be anything but Due from Other Banks... 21,368.27 monds oldest pioneers, and who is $1,150.00 essentially democratic in character?. I use the plural, because what Gold advanced in years, is confined to her Silver 2,250.87 home on account of illness. She has 'is true of the proportion of mortgages between the small and large 5,641.00 Currency I been quite ill for the past week. which would with .bank in the held am probconnctd, borrower as Total Ca-- h on Hand.... 9,011.87 . . . ably b true of any other large savings bank in the country. Federal Reserve Bank Blain Stewart has . gone to Salt Stock .. 3,300.00 Lake where he will spend several THE AGRICULTURAL SITUATION days visiting with Mrs. Stewart. TOTAL $760,828.44 m DR. HOWARD resources e Before we build more Homes for Wayward Boys, cant find a method to prevent theml from becoming St. Louis if we Gobe-Democra- LIABILITIES Captital Stock Paid in...$ Surplus Fund Undivided Profits $430.93 Less Expenses and Mr. and Mrs. Eugene Christensen, 430.93 Taxes Paid, etc who spent the holidays here visiting Reserved for Taxes and Interest 12,500.00 with Mrs. Edwin Christensen, returned to their home at Cedar City Deposits of Other last Saturday. Banks $ 32,964.74 Deposits Subject to Check .... 339,985.53 Cashiers Checks Dividends let us see Unpaid wayward. Total Demand Postal Savings t. " 538.81 d League of Nations pathetic to think of a TOTAL f unitor Walsh earnestly telling his Senate friends that they treed nt be afraid- of the World Court because-.i- t has nothing what- STATE OF UTAH, County of Sevier;, ever to do with the League.' II. B. D; comes, hI MEATS Cur-requ- from est, $760,828.44 2 2 2 V Aqueduct Has Lasted built- by Emperor An aqueduct, Valens, A. D. 378, is still In use in Its main bridge is Constantinople. 2,000 feet long and 7' feet high, and its arches have a span of about thirty feet M-- t- -- j. ! 5 5 ;$; - I- --I- ! .j--.. J. .j. , Washes faster. 6 2 Washes cleaner. 3 Largest hourly capacity in the Easily adjusted to your height, 7 Most compact washer made takesfloor space only 25 inches Clothes can be putin or taken out with the washer running. 8 Tub cleans square. Cast aluminum 9 world. Gyrafoam HVasher named--compan- oWITII CAST ALUMINUM TUB.) SETH PIXTON, Bank Commissioner. hi rs 9 Outstanding Maytag Features 4 I, Seth Pixton, Bank Commissioner of the State of Utah, do hereby certify that tlt6 foregoing is a full, true and correct copy of the statement of the above filed in my office this 9th day of January 1926. 5 . tub c a n All metal Se If adjusting. Instant tension wringer. t warp, rot, swell, split or corrode. release. Reasons for World Leadership Tomb Only Holds Heart In the Protestant Rome contains only the cemetery heart of the poet, for hl body was crn nte1 on the beach nt Vinreggio, n(T whose shores he was drowned on July 8, 1S22. Shelleys tomb In An eastern authority says that in a few years there will be no more cooking and everybody will be eating in restaurants. ..This sounds to us like Greek propaganda. . - .j. ,j .j, ,j, . ... . were placed end to end the line would stretch huSf ajt across the Atlantic. A few weeks total would encircle the the factory lie to demonstrate STATE OF UTAH, Office of Bank Commissioner, .. .J. Pin Factories Kept Busy even on Amazing in the vigorousness with which it cleans blankets, work clothes, and the tenderness with which it washes lingerie, laces and linens. Safer even than hand methods! Directors. . The output of the pin factories throughout the world totals something like 84,000,000 a" day. If these pins MM 1 2f parts of the city. Orders for coal. G. E. Long' CLOTHES Swept the Maytag into world leadership In less than 600 days. 2 t2 delivered Freight and Express. to all A marvel in thoroughness Wristbands, cuffs, and collars. 1IYRUM S. GATES CHRIS JORGENSEN T. C. SCORUP .J. DRAYING earth. The miracle washer try it. Have the Maytag Man show you how easy and simple it works. Hell bring it right to your home and wash everything thats soiled. No obligation at all. Phone without delay for appointment. J' V Utah Redmond, 5 speaki.ni:, It cleans with astonishing speed a tubful of clothes in 3 to 7 minutes; or in an hour just twice as many clothes as any other Washer! Crandall, being first duly sworn according to law, deposes 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 hank at the close of business on the 31st day of December, 1925. II. B. CRANDALL, Subscribed and sworrj to before me this 6th day of January, 1926. JUNIUS WEBB. Notary Public. Commission My expires the 1st day of June 1928. Correct Attest: . delicious flavor smoked good meats, see me. We are prepared to give the best results. SOREN JENSEN, the now famous washing principle of the Maytag Gyrafoam Washer. . hard-boile- three-quarte- SMOKED ' v : you want that 27 If , m Hedgehog and Porcupine show you how to VASH The happy medium between service on a dirigble and service cates . 500.00 m a submarine would seem to be service with the infantry on land. Savings .. .... Press. Detroit Free 251,167.15 .Deposits Total Time Deposits.... 255,205.96 Automobile users all over the country are interested in the fight that Secretary Hoover has inaugurated to decrease the price of rubber to American consumers. . Secretary Hoovtr some time ago called attention to the fact that America might easily retaliate against the rubber and coffee trust of foreign nations. The latest move is the introduction by Representative Till-so- n of Connecticut, of a resolution calling for an investigation to determine the facts concerning the alleged manipulation of the rubber Mr. Tillsons resolution prices by the British Colonial Government. ha9 the approval of the Secretary of Commerce and the former stated that when the rubber investigation got under way he would ask the committee to call in Henry Ford, Harvey Firestone and others paving knowledge of what the British rubber trust is doing to American industry. The Preamble of the resolution recites that rubber products are becoming a daily necessity in the lives of the people and charges that the price of the product supplied to this country is artif ically controlled and the price dictated by a monopoly. According to Mr. Tillson the United States consumes about seventy per cent of the rubber consumed in the world, a large part of it being used for automobile times. He declared further that seventy per cent of the crude rubbd Production is controlled by Great Britian and that by limiting the supply and restricting the exports the pried had been fixed at a point where the American industries who of a billion dollars more per year than would be use the case if the price were not artificially manipulated.) wm M1 4 1 The social and dance given by the elders quorum at the opera Tuesday evening proved highly enjoyable. In addition to the dance a program was given and late in the evening refreshments were served. A big crowd was in attendance. Strictly 46R3 2,51)0.00 Deposits... 382,691.55 .... Residence S occasion. MAYTAG 7,241.28 Deposits Time Certifi- CONGRESS TO INVESTIGATE CRUDE RUBBER MONOPOLY Jensen was hostess Fifher home Tuesday afternoon. teen guests were present and enjoyed a delicious dinner served at six oclock. Mrs. Jensen received many beautiful gifts as remembrance of the 15 912 Evenings By Appointments Offices over Salina Meat & Supply. PHONE Office 41. at a birthday anniversary party at the hedgehog is a small insectivorous animal of nocturnal habits width lives in the Old world. There is no true hedgehog In the United States, hut the American porcupine is popularly called hedge' J. P. Cahcon, a prominent business hog. So In this country hedgehog and refer to the same 25,000.00 man of Salt Lake, spent several days animal.porcupine 85,000.00 here this week looking after import" ant business matters. ... Following a prolonged period of extreme depression, American agriculture again finds, itself on a basis approaching economic equality with other industries, occupatons and professsions, as measured by the standard of comparative price levels. Our zeal to proceed upon the theory that this readjustment will be permanent is tempered by memories of previous experience, by study of precedents, and by obsefvatjon of present trends such as have caused agricultural distress in the past. While reaffirming our confidence- in the ultimate stability of this bask; industry, we consider it proper and timely to call attention to some of these trends. Opening Statement of Declarations by American Farm Congress Round Table Conference. Andrew L, CALL Dentist . Hours Every Day Office Mrs. N. P. Peterson of Ephraim, visited with friends here for a few days this week. Mrs. 8 8 8 8 8 -- 8 8 I fax-tii- so-call- ed IS TELLURIDE POWER CO. |