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Show South Cache Courier, HyrUftl, Utah ; ' BANKERS ARRANGING i Lowest Priced 16 Months Old REGIONAL Studying New Legal and Economic Conditions Affecting Bank Management 100 Proof GLENMORB DISTILLERIES CO.. Inc. Owensboro, Kentucky Largest Distillery in Kentucky 3 iJfcx. IN THE NEW KELVINATOR refrigerator Haines have been made STRESS PUBLIC RELATIONS !HMk PHILADELPHIA. Fifteen hundred bankers from fifteen eastern states met here in January in a two day conference devoted to discussions on legislative, managerial, operating and public relations problems of the banking business. This was the first of a series of meetings planned by the American Bankers Association in its nationwide program of banking development under the leadership of Robert V. Fleming, president of the association. Similar conferences will be held In southern and western sections of the country. "It Is the purpose of these working conferences to bring to association members and other bankers a thorough knowledge of the changes in banking laws and rules, provide discussion of better public relations so that there shall be greater cooperation and understanding between the banker and his customers, and to give opportunity for a survey of the problems incident to the Governments competition with our Mr. Fleming chartered institutions, said in opening the meeting. To Help Government Quit Banking The discussions at the conference showed that the bankers are ready to make it easier for the Government to relinquish many of its emergency financial services as soon a3 possible by demonstrating how their institutions are able to render full banking facilities to the public on sound lines. Bankers generally have recognized that in times of emergency the Government had to come to the assistance of the people where chartered institutions were unable to do so on account of such conditions, Mr. Fleming said. They also realize that possibly many functions which the Government is performing are of a nature which cannot be handled by chartered institutions under the principles of sound banking. On the other hand, he said, "we should survey all emergency lending measures of the Government to Judge which of these activities can be properly and soundly taken over by banks in their respective communities." The attending bankers devoted time to considering the Banking Act of 1935 and the many related regulations and discretionary powers under the Federal law. These were explained by 0. Howard Wolfe of Philadelphia, who said he had made a count of the various places In the act where provision is mdde for discretionary power to be exercised by government officials through regulations. "Confining the count only to the sections which affect practically all of us, I found there are forty-eigh- t places where discretionary power is given, be said. It is a problem of no mean importance, therefore, to master banking law as it is today or may be tomorrow. Bank Taxation and Solvency Bank taxation was discussed by Charles H. Mylander of Columbus, Ohio, who declared that the average American is vitally interested in taxation of banks because solvency may depend to a large degree upon the way in which the taxing power is exercised upon them." To prove his point he cited earnings figures which showed that, in the year ended June 30. 1934, for the United States a3 a whole, national banks used $14.89 out of each $100 of net operating earnings, before taxes, in payment oi taxes; but in seven of the twelve Federal Reserve Districts the percentage of earnings used for taxes was above the average, it was in practically these same seven districts that the greatest number of bank failures occurred in those hectic years from 1920 to 1933. As an example of how far taxation can go, he quoted official figures showing that in 1934 a large number of small state banks paid on the average $34.20 of every $100 of operating profits foi taxes. Mr. Mylander urged that there be brought home to the average American the truth that banks, dealing as they do only in intangible property, are not proper subjects for property taxation; that the true measure of a banks ability to pay taxes is the earnings It can make. self-evide- Pehrson Electric Co. to Flom Mrs. Grant Hall spent last week end with relatives at Smithfield. 48 Lb Bag Lost 2 gray geese, 1 white gander, and 5 small geese. Phone 78-ad Reward. FOR SALE The Josephine Johnson home- Apply at Wendel ad boe Jewelry Store, Logan. $L22 -- American Banker Association Sponsor of Meeting a Part of Nation, wide Program of Banking Development Whiskey NEWS LOCAL MEETINGS LOST One year old Holstein Bull. Wendell Anderson. ad LOST number of tools in125 Phone Main 22 South cluding pliers, wrenches, screw etc., and a pair of welddrivers, Logan, Utah ing glasses. Finder please return to Jensen Motor and receive reward. ad A J. Hay Salt Overalls - Jensen is spending her vacation, visiting with friends and relatives in different parts of Idaho. Mrs. Charles R- - Mr. and Mrs. T. W. Peterson 49c good grade 98c ALLEN MERC. spent Tuesday and Wednesday in Salt Lake City on business, 100 lb bag i. CO. We Deliver Specials for July 4th A new group of dresses for I i. js n h h E WWiVi JHYRUM THEATRE a Sunday and T uesday, June wear has just 9 Cool chiffons and mid-summ- er arrived. sheer cotton prints. Also, new line of attractive summer hats. a All summer merchandise is offered at greatly reduced prices. Dress up for the 4th. Maud Liljenquist 28 and 30 !; Two Big Super Feature No 1 Mr. Deeds : f?7VWV?77VVV Specials Gray Cooper in 9 Goes To Town with Jean Arthur New Ways With Feature No CORN Miriam Hopkins 2 in j SPLENDOR with Joel McCrea IJj Ijj This Same Show at Wellsville, Friday, July 3. W.VAVAV.-AVAWMV.- passed for the T3E day has housewife when a can of corn was just a can of corn. She knows enough now to look at the label, and select the style of corn best suited to the dish she lias in mind. She knows that creamy style corn is scraped from the cob, making a milky mixture, and that this is good for soups and cooked dishes. She knows that whole grain corn is cut from the cob in individual kernels and prefers it for succotash or served plain as a vegetable. She may even know that roasting ears of corn are now vacuum packed, four to a can, and that this corn has extremely small cobs and large deep sweet kernels. All she has to the ears is to heat them from three to five minutes in boiling water. Recent Recipes The next thing for her to know is some good recipes for corn dishes. Here are two recent ones in which whole grain canned corn should be used. Both are quantity recipes. Corn Salad : Marinate the contents of three cans whole kernel corn and one and a half cups grated or raw carrot in one cup French dressing for an hour or so in the refrigerator. Add one cup shredded ripe olives, and serve in a nest of lettuce. Serves twenty-fou- r. Corn Fritters: Chop contents of one can whole kernel, yellow' Bantam corn, or put through a food chopper. Add two eggs and cup milk. Then add cup flour, one teaspoon salt and one-hateaspoon baking powder. Drop by spoonfuls into hot fat or drippings in a skillet and brown on both sides. Good served with chicken. Makes sixteen. finely-choppe- d well-beate- n RENT FROM US Sanding machine. Typewriter, brush. Dishes, and Silverware etc. W K Kal-somi- ne Everton & Sons Co BARGAINS Saniflush Shinola . . . . . , Drinking Glasses 8c . 6c 3c . Everton & Sons Co. ?! BLINDS TO ORDER We make window blinds as you want them and save you money EVERTON & SONS CO. Logan GOOD RUBBER HOSE We sell hose usage. that will Its Everton stand hard Guaranteed Too. & Sons Co. Logan WANTED Raspberry pickers. FOR RENT Modern apartment Apply at once. John Eliason, See Mrs. Fay Edison, 321 No- Mai' Phone 71. ad Logan, Utah- - Whose voice would you like to hear? one-fourt- h two-thir- lf Long distance rates? are reduced all day Sunday and every night after 7 o'clock ffTf 1 |