OCR Text |
Show 41 -- 4I VOLUME XXXIII NUMBER 8 PAYSON, UTAH, Contract for Taking Over of DECEMBER.11921 Vigorous Protest Must Be The Paysonian Greets Strawberry Project Nearly Made to Prevent Suspension Its readers with the compliments of the season, Ready for Official Signing Reclamation Officers Pleased Wito Progress and Assure Land Owners That Investment is Good. Liabilities Only to Extent PRICE, FIVE CENTS- - I confident that the future has in store prosperity commensurate with the splendid efforts of the people to maintain a spirit of optimism against many odds in the past. Behind the clouds the sun is still shining and its refulgence will be felt by a happy people during the coming year. of Payson Carrier Service Bill Before Congress to Cut Off Appropriations of Postoffice Department. Matter Will Ber Taken Up By Commercial Club At Very Early Date. -- Expected to be Assumed. Unless vigorous protest Internal Cooperation Is registered and appeal made through the proper channels, there is great danger that the free delivery service from the Payson may be Need of Today Says discontinued, according advice received a days ago by Postmaster Huish. the appropriation of Writer of Widest Fame The discontinuance the in his annual suggested Within the next thirty or sixty days the proposed contract between the United States reclamation service and the Strawberry Water Users association, for the taking over of the Strawberry project, wiU be presented to the water users for consideration, and it is expected that before the irrigation season opens, next year, it may be possible to conclude the deal i which will place the association in full possession of the project as owner. A tentative draft of the contract was taken up for consider, By FRANCIS H. BISSON. brought the total up to about $500, ation last Monday night in Provo at a meeting of the reclama. Editors Note. Francis H. Sisson 000,000. In ordor that these payments tion officers and the members of the new board of directors of is of the Guaranty might be met, it was necessary that our merchandise exports should exthe Strawberry Water Users association, at which a number of Trust Company of New York City, ceed our imports by approximately one of the largest and most importthe government officials were present. the amount. And, in fact, the same ant banking concerns in the world. Those at the meeting expressed complete satisfaction with He is a student of international econ- average excess of exports over imas well as being thoroughly ports for the years 1911 to 1914, inthe proposed contract as being favorable to all land owners omics familiar with internal economics and clusive, amounted to approximately under the strawberry project. The reclamation officials are not the financial and industrial situation $350,000,000. Statua Reversed. asking the water users to take over any liabilities or obligations in the United States. What ho has say of tariffs and similar questions not anticipated or expected and there do not appear to be any to r Our comes from his viewpoint as an econstatus has been comdifficulties that cannot easily be surmounted. omist and banker and not from the pletely reversed. From 1915 to 1917, inclusive, the demand of European The government officials made it clear that the govern- viewpoint of a politican. nations for goods was so great that ment feels that it has a safe investment and whether or not the While economic at the time of our entrance into the depression prevails Strawberry Water Users association takes over the project, the throughout the world, bb the inevit sar our indebtedness to European investors hag been more than balanced $20,000, approximately, which is now derived as revenue from able aftermath of the most destrue by the excess of our exports over imof no more all America tive can wars, the grazing lands and the operation of the power plant, will hope to anlve its domestic economic ports. After wo entered the war we more than liquidate the $350,000 deficiton the project without problems alone than toe - world "edit loaned! approximately $10,090,900,0(10 to the Allies, but up to the present AH we need to do, said one of reasonably expect to eure its selling any additional water. economic ills by some magic time they have not been able to pay the officials, will be to sit in our office and take in the money. panacea. In the final analysis, we even tho aceumulated interost therepre-wa- - multi-furiou- UTAH AT TOP III FARM BUREAU WORK 22 Information Salt Lake, Dec. has been received at state headquarters of the Utah State Farm bureau iu this city that Utah has established a new national record in the farm bureau movement. This has been accomplished, according to a report from the American Farm Bureau Fedand coeration, by the organization campaigns operation of membership in six counties at the same time. In a letter from Charles E. Gunnels, director of organization for the natioual organization, it is pointed1 out that heretofore no state has found it possible to conduct more than four county campaigns at one time and in most instances the work is confined to a single county. This has been made possible by. the caliber of fanners found in Utah who are capable of serving as team leaders in the solicitation work and. in acting as speakers at campaign rneet-ingaccording to a report submitted the state executive committee by O. E. Wolcott, national organizer for the American Farm Bureau federation who is directing campaigns. Working iu the six counties where campaigns team are now going on are forty-thre- e leaders and six speakers with an average of ten meetings being held every night, according to Mr. Wolcott. This is the first state that I have isited in which there has been available such a large number of men of sufficient caliber to carry on the orsaid ganization work in this way, the national organizer at a recent meeting of the state farm bureau exThe widespread inecutive board. terest of the farmers of Utah in the farm bureau movement has made this possible and I seriously question whether another state in the Union would be able to make such a showing. ; were drawn into the European strug gle beeanse of the economic intgrde GET READY TO MAKE pendenee of all civilized nations; and the only possible way we can fully recover from the effects of war is by YOUR INCOME RETURN international economic Our complete realization of thatdom inant fact is the paramount need of The following statement is issued the hour in this country. But we cannot effectively by Collector of Internal Revenue abroad until there is more effl James H. Anderson for the District cacious at home. It is a of Utah: case of better team-worwithin and With the approach of the period without. It is futile, for instance, for for filing income tax returns, Jan- one branch of the government to cn deavOr to facilitate the granting of uary 1 to March 15, 1922, taxpayers credits to prospective foriegn buyers are advised to lose no time in the of our raw materials when another compliation of their accounts for the J) ranch of the government insists on year 192L A new and important making it impossible for those buyers to pay ns their debts and liquidate provision f the Revenue Act of 1921 the credits While thty1 obtain here. is that every person whose gross in the extent to which the War Finance como for 1921 was 5,000 or over Corporation can aid American and ffiall file a return, regardless of the foreign interests in its commendable sources amount of net income upon which the efforts to supplement private to credit in promoting our foreign cax is assessed. Returns are required trade may be questionable in view of every single person whose net in of the abnormal world situation nnd como was 91,000 or over and every its colossal demands, its service must be negatived to a considmarried person living with husband unavoidably erable degree by the enactment of a or wife whose net mcome was 2,0(M) permanent high tariff act. or over. Widows and widowers and Consular Tariff. persons separated or divorced from husband or wife, are regarded aa sin Consideration should be given to ' gle persons. the effect of a high tariff not only upon particular industries, but upon NEW BOOKS AT THE th welfare of the country as a whole. PAYSON PUBLIC LIBRARY We should not lose sight of the difference between conditions when the Fiction. Payne-Aldric- h law was enacted. The The Far effect of the adoption of a high, proWoodbnders, Hardy; From the Maddening Crowd, Hardy; tective tariff today may be quite unRichard Carvel, Churchill; The Crisis, like the effect of adoption of the Twixt Land and Sea, Payne- - Aldrich law and similar meas-are- s Churchill; Conrad; To Have and to Hold, Johnpassed before the War. ston; The Man from Glengary, ConPrior to the war, the United States nor; Richard Feverel, Meredith; The wag a debtor nation and comparaMaster of Ballantrae, Stevenson. tively little thought was given to the Books on Miscellanous Subjects. effect of a protective tariff on our exHeredity in relation to Eugenics, port trade. Today, an altogether difThe Davenport; Health Master, ferent situation obtains and the adopAdams; The Criminal. Ellis; Feeding tion of a tariff law, with rates high the Family, Rose; The Kallikak Fam- enough t0 interfere seriously with our ily, Goddard; Minerals and How to export trade, is destined to cause seStudy Them, Dana; The Furnishing rious injury to our commercial and in' of a Modest Home, Daniels; Social- dust rial fife. ism and Social Reform, Ely; Human It is estimated that, prior to the Nature and the Social Order, Cooley; war, European capital was invested in Anatomy and Physiology for Nurses, American securities to the approxiKimber; Food Facts for the Home-Make- mate amount of $6,000,000,000. The Harvey; Elementary Meteor- net payment of interest and diviProblem, dends on this capital, after deducting ology, Davis; The Social Ellwood; Health First, Chapin; The the amount owed to citzens of the Personal Hygiene, United States On account of their forJukes, Dugdale; and Chemistry Pyle; Physics, Hodg-man- ; eign investments, required the annual Textiles and Clothing, McGow- remittance abroad of betweea and $225,000,000. Other payan; Color Harmony in Dress, Audsley; Socialism, Spnrgo; A Study of the ments, such as expenditures of AmeriDrama, Mathews; How to See a Play, can tonrists, remittance by immiBurton. etc., insurance, freight, grants, k r, NO .4 A MOBB THRIFT STAMPS. Announcement is made by the treasury department that after December 31, no more war savings or thrift stamps will be sold. Holders of thrift cards are advised to fill up their cards and convert them into baby bonds and either redeem thi latter or carry them over to maturity. s $173,-000,00- 0 on. In addition to this amount, we have put billions more at the disposal of Europe through the repurchase of large quantities of American securities held there and by largo private investments in foreign currency and exdollar bonds, a& well as short-terport credits. The United States has thus become the leading creditor nation, and - as stum as foreign governments are prepared to pay interost on their indebtedness, we shall be entitled to receive more than $500,000,000 annual interest payments from abroad. While this amount bo offset in considerable degree by tourists expenditures, freights, insurance, etc., the balance is bound to bo in our favor, even thought no port of tho principal is paid. A change in the relation of our exports to our imports or tho reinvest ment abroad of . large capital sums must bo expected in Europes debt to us is to be liquidated. While it is true that the date of such liquidation be may temporarily postponed through the extension of credits and tho adoption of similar devices, it is, pererthelcss, true that tho debt must bo paid eventually in goods, 0r not at all. It is, of course, important that the volume of export highest possible trade should be maintained if we arc to have normal production in our mines and factories and on our farms, and if we are not to be forced to scrap part of our new productive equipment. But an increase in import h docs not necessitate a eorres ponding decrease in exports. It is entirely possible that tho present relic tion between exports and imports may be reversed without in any way do creasing the volume of exports. We can buy more without selling less and thereby enable our European debtors to pay off their obligations without crippling our industries or wealth in decreasing our national order to do bo. A study of tho devel opment of foreign trade in ninny European countries will show this lo be true. T0 Absorb Surplus. During the Inst few years we have increased our production of . many commodities far beyond our own rapacity to consume and we have been developing foriegn markets, especial, to absorb tht ly in From such markets wo surplus. many articles, some of which are not produced in this country. If we now limit the importation of those goods by high tariff we should do irreparable harm to our export trade bv preventing the free exchange of those commodities which our customers have to offer in payment for what they purchase from ns. Lntin-Awerica- im-K- rt a is A. K. , of livery is - postoffice few to by village de- postmaster-genera- l report which has just been submitted to congress. If this appropriation should be discontinued it will deprive the people of all cities the size of Payson of the free delivery which has been so much enjoyed for the past four years. Why the people of the smaller cities should be the victims of a retrenchment policy it is difficult to understand. There is nothing more important to the welfare of the city than efficient mail service. Payson has enjoyed efficient service to a magnificent degree in the past, and to bring this hardship upon the citizens does not meet with approval on any side.'" The matter, no doubt, will be taken up by the Payson Commercial club, in an effort to bring the influence of Utahs representatives in congress to bear, and it is to be hoped that the present excellent service will be continued. Free delivery is not only a convenience in these times, but an actual necessity in expediting other business at the local postoffice. If the several hundred persons now receiving their mail by carrier" are compelled to call at the postoffice' for their mail the progress of other business will be materiaUy impeded and the inconvenience will be one that will be sorely felt. Tho business stagnation of today is not duo, as Bomo advocates of high protective duties assort, to a flood of that would otherwise be expended for armament into more productive channels. foreign goods competing with the produce of our own fields and factories. Moreover, in largo part our goods, imports are and it is in industries represented by some of these, such aa coffee uud rubber, in which stagnation is moat pronounced at the present tune. Although it is estimated that our export trade constitutes but about It) per cent of the totul trude of the country, it is commonly looked upon us the outlet for our surplus productive capacity of agriculture, transportation, and manufacture and as a btablizer of business. A healthy and prosperous foreign trade has become of increased importance to a great many of our citizens. It is consequently of serious domestic concern. While it is possible that a high, protective tariff on some articles may be proper, there is surely nothing in our economic situation which justifies the adoption of a general tariff policy that will, in effect, erect a barrier around our ports and isolate us commercially. It would seem to bo equally illogical for Congress to endeavor to reduce the onerous taxation buideu, which is handicapping busuios.-.-, if it continues to spend the taxpayers money extravagantly. Some Tax Figures. bo remembered It should that iu especially reducing production cannot revive prosperity until the prices of other commodities are properly adjusted to those of primary products, particularly agricultural products, coats. Wo Aa to Wages. The readjustment of production coats has been retarded by the fact that wagca have declined less rapidly than wholesale prices. The lagging ol wages revisions is characteristic of periods of falling prices. It is occasioned in some part by the corresponding failure of retail prices promptly to follow wholesale prices in the downward revision. The persistence of high costs of living prevents a more prompt readjustment of wage scales. Nevertheless, wages are declining and, generally speaking, the revision has been effected without extraordinary resistence on the part of the workers. As retail prices decline tire necessary wage readjustment will be hastened, with consequent encouragement of production and consump, tion. There are only a few instances of many which could be cited to demonstrate that there is as great need tor tho effective of our economic factors while we are in the throes of tho aftermath of war as thcro was during the war which, in the final analysis, was won more by tho close of those fac-tor- s than by the drums and gov-- 1 ernmental expenditures for 1920 exceeded those from 1791 to 1805, inclusive, a period of 74 years. Furthermore, it is imperative for tho taxsoriously to payers of this country consider the fact that obligations arising out of tho recent and curlier wars, together with the current expenses of the War and Navy departments, constituted 92.8 per cent of tho total appropriation for 1920. Congress has appropriated for the military and naval establishments for tho fiscal year 1921-- tho sum of $855, 837,939. If we take these appropriations as fairly represontaativo of our annual military and naval expenditure in the future it will bo seen that, while Germany is paying $26,000,000,- 000 as interest and amoritization of her present reparations obligation of 50,000,000,000 gold marks, the United States will have expended in the same period $30,000,000,000 for military and naval purposes. Germany, it should bo recalled, incidentally, has practically been relieved of her army and navy under the provisions of the Treaty. Sho can, therefore, divert revenues nnd labor . There would also seem to be little use iu spending billions of dollars to creatg a great merchant marnic snd iu spending millions of more dollars to operate it, sq long as we handicap it by laws that do not permit us to meet foreign shipping competition on an equal basis. ? Auj there is imperative need for closer among the various cioments of our economic structure 2 j j j AYSON WINS IN PAST GAME OP BASKETBALL By a score of 45 to 6 the Payson h school basketball team took the i.nreka high school team down to defeat last night in one of the prettiost . games of basketball evor seen in Pay-tonThe visitors had no chance against the splendid team work of the none team I |