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Show WORLD'S GREATEST BANKING SYSTEM By CRAIG B. HAZLEWOOD President AsBoelation of Reserve City Bankers Conceived in the spirit of common good, for the best Interests of govern-ment, banks and public alike, based I --IT, v L' on broad and cor-rect principles re-lating to the na-tion's currency and credit, the Federal Reserve System repre-sents the greatest piece of economic legislation enact ed by an" Ameri-can Congress. The System's C. B. Hailewood record of achievement through a world war, an Inflation period of diwy heights, and months of serious and costly liquidation. It Is a matter of greatest importance that very earnest and patriotic thought be given to the two questions: How far has the sys-tem succeeded, and In what particu-lars has It failed, to give our country as strong and as useful a financial system as human mind can devise? The hope and expectation of those who framed the Federal Reserve Act that the machinery set-u- p for the origination, distribution and automatic retirement of currency Issue, which should be entirely responsive to tbe needs of trade and the varying conditions of business, have been won-derfully well realised. Every possible effort must be exerted to preserve the Federal Reserve System from political alliance and to keep 1U powerful in-fluence entirely devoted to the build-ing up of the greatest banking system In the world. The first bank of the United States was established In 1791 and failed to obtain a renewal of Us charter in 1811, the opponents charging that the bank was a "money trust" controlled by foreigners, a tool in the hands of the Federalists, and that the act charter lng the bank was unconstitutional Note the use of the words "money trust" We have the idea that this Js a modern term. The suspicions which animate the demagogue today have not changed In a century. The second bank of the United States was chartered in 1818 and failed to obtain a renewal of Its char-ter In 1831, the reasons being a wide spread belief that the bank was uncon stltutional, the hostility of the statei, the opposition of the state banks, the rise of democracy, and the envy and hatred which the poor always feel to-ward the rich. Both banks functioned well and ac compllshed much for the country dur lng crucial times. The downfall ol both was caused simply and solely by attempts to place the determination of banking policies In the hands ol political authorities. The delicate handling of currency and credit, to the high end that the best interests of all may be served with special privilege to none, cannot be left to others than those who are competent through proven Judgment and experience. The danger of poli-tics In the Federal Reserve System Is a real one; upon us Is placed the grave responsibility of forever keeping the great system clean. began to try to live in houses like the whites lie says that to rid him-self of a cold an Indian went to a mountain to camp and hunted and ata wild meat for forty-eifi- hours, the eas-i'-'s- t way to cure a cold on earth. "You never contract a cold in a camp. It is curious but it in nevertheless true. Try it. No one ever saw a tepee Indian with a cold or couch, Nature will cure you if you are not a coward, and-wi- go into camp and give Nature a chance" FOR SALE Thre room of Furniture, Cheap. Thone 42. 1 Associated Lumber Co. . BINGHAM YARD I Successors to Canyon Coal & Lumber Co. J lml J ANNOUNCING 1 f Bj possible. The fact that we are backed by one of the b.g- - W very way West is a Hgest wholesale lumber concerns in. the Inter-mounta- .n Ijl. in our favor. In buying for our numerous yards, we Dj Sare enabled to get the best to be had at quantity price, and our H Ej patrons participate in these savings. EH W We Handle The Well Known W Icastle Gate Goal! H celebrated for its high heat and long burning qualities as well, as for Pj burning up clean, leaving little waste. Let us fill your coal bms while W Eh the roads are good and before the price goes up. W 3 34 Main Street Phone 80 g ,v,'1v1',v,',','.',',',v,vtL HOLY ROSARY CHURCH Bingham Sunday evening services 7:30 p. m. Rosary sermon and benediction of the Most Blessed Sacrament. Sunday Masses: Every Sunday at 9:30 a. m. ' Copperfield Second and fourth Sunday at 8 a. m. Highland Toy ' First and third Sunday at 11 a. m. Catechism after mass. Week day mass 8 a. m. THE California Rooms 590 Main Street Now under new management, thoroughly renovated and modern throughout. Steam heat. $15 per month for single rooms, $20 for two people. TO CURE A COLD r' It Is stated by Charles Gibson, the Indian editor, that consumption was unknown to the Indians until they SJ WE HANDLE fi t Citizens Coal & Supply Co. x I - COAL, ICE, HAY and GRAIN FSol 79 Mafn Slreet I "Becco" y BETTER THAN BEER J 1 1 n n Special for this Week ! Extra heavy army pullover f f c Sweaters, regular price $2 n ) this week only . . . " The Toggery II CLOTHING STORE I 477 Main. Right here in Bingham I i For Sale. FURNITURE OF A HOUSE APARTMENT FOR RENT This furniture was new in last six months and is in a choice apartment which will be rented, to adults only. $200 cash will handle it. Phone 41 Ask for Mrs. Hoopes rv- -. JDid it ever occur to you that we are delivering the goods when it comes to meat and groceries Uintah Meat & Grocery Co. 108 Main Street. Phone 357 WHEN YOU THINK OF A CIGAR REMEMBER ALBERTA "THE CIGAR THAT MADE BINGHAM FAMOUS" Sold By All Dealers in Bingham & Elsewhere Doubled fa Interest and Value Hundredth Birthday Tear of America's Favorite Weekly 9CCTD1AI CTftfirQF,cin,inS"con,!nu!,oriM-',c'wortli.i- Vrtibbook form, the prict ol year' lubicnptioo. 100 SPECIAL ARTICLES SSiJSfe in,,"l 9fifl CUftnT CTf. RI FQ Adventure. Romanct. Mvitfry. Schvl life, 9IUnlUIndi,Si Humor. Hairbreadth Eiope.! . Athletic. i V. C. Lab for Ingenious Boy Department Frc.'uJiVey fr Girls Radio ' ...n" - Cornea CMaaletubrePeLaoarleee't TChaepeBeCaotdCPhhilidlorteonph!v Wood Crait Page DON'T MISS THIS GREAT YEAR! OFFER No. 1 OFFER A U X. Yuth' CoPl 1. The Youth'. Companio- n- Z- - 62 issues for 192, an- d- 2. All remaining 1826 issue 2. All the remaining issues for including Big Anniver-192- 6, IncludingBig Annivcr- - uryNumbcri aary Numbers 3 McCeJl'a Magazine $1.00 All for $2.00 All for $2.50 Cherk your choice and tend thit coupon with jrour remittance to the PUBLISHERS Of THIS PAPER, or to THE YOUTH'S COMPANION, Boatoa, M..acnuetu. ( BLNUHAM STAGE LINE Schedule Now Effective Cars leave Bingham 8, 9 and 11 a m. and 1, 3, 5, 7, and 9 p. m. Cars leave Salt Lake City 7, 9, and 11 a. m. and I, 3, 5, 7, 9, and 11 p. in. Main Street. Phone 41 FARES Round Trip $2.50 One Way $1.50 SALT LAKE CITY OFFICE SEMLOH HOTEL 107 E. 2nd So. St. Phone Was. 1069 Mrs. L. J. Ewing DRESSMAKING 369 Main Stret BINGHAM CANYON : : UTAH John D. Sagris Photo Studio and Art Shop Check off the good old friends on vour gift list and send them the one thing they will appreciate ' most your portrait. It will be a wonderful gift for the family too. Call our studio today for appointment and avoid the December rush. Kodak finishing, gloss fin-ish, moldings for picture frames, koaak supplies. 421 Main Street Phone 421 BINGHAM I MATRONS !3t I Believe mc L ' I r whew Ovj JtWT , -- AY YOUR JjS i ORDER WILL ft II WC ee these v)ti, VOUVE AIMS HtAi(5tJr kj WE KEEP OUR WORD.nCSli? OUR SERWN0-5P- f col-- Bg YONO COMPARE .'tc YOU HAVE DOUBTLESS HEARD of our accommodating stop service and every connoisseur of quality meats knows of our Teputation for handling quality .goods but we wish with positivr emphasis to call to oour attention that RUSH is our middle name. We'll get the goods there on lme. BINGHAM CANYON MEAT CO. 402 Main St. Phone 5 ' BINGHAM NEWS " A Weekly Newspaper devoted ex-clusively to the interests of the Bing-ham Iiislrict and it.i people. Published Every Saturday at Hinnham Canyon. I'tah. Entered as second-claH- g matter at the PoHtuffice at liint;hum Canyon, Utah, under the Act of Congress of March 3. 1879. Make all checks payable to BINGHAM NEWS PUB. CO. (Incorporated) Bourgard Building, Main Street - Blncham Phone 91 Price $2.00 per year.in advance Single copies, 10 cunts. v A REAL Al ot.it-- ' An editor in WisconJ has the advertising idea proper Jnil draws, the line nowhere. Hereof his write-u- p of a wedding: "Mis-- Jennie Jones and Robert wore married at the Jones mansion last night. The bride is a daughter of our constable Jones, who lias made a good qfficer and will undoubtedly be next spring. He offers a fine horse for sale in another column. The groom runs a grocery store on Main street and is a good patron of our advertising columns and has got a new line of bargains this week. All summer he has paid 2 cents more for butter than any other store in town. The happy couple left on the 10 o'clock train for Milwaukee to visit the bride's uncle, who is re-ported to have lots of money and Bright's diesase. Robert certainly has an eye for business." THANKSGIVING If the Pilgrim Fathers and Mothers of the old pioneer New England days were proud enough of the meagre blessings they had to enjoy at that time to institute and set apart a day for the purpose of expressing their gratitude to their God, what would they do if they were permitted to be with us now to enjoy our present-da- y standard of living? Really, there is much to be thank-ful for, if we would but take the time to stop for a little serious medita-tion. DIES AND GOES TO HELL An Ohio paper hits the nail on the head when it says; "Man'a busi-ness requires haste. The average business and professional man eats in a hurry and gets dypepsia. He walks in a hurry and gets apoplexy. He talks in a hurry and gets the lie. He does business in a hurry and be-comes a bankrupt. He reads in a. hurry and is superficial. He votes in a hurry and produces corruption. He marries in a hurry and gets a divorce. He trains his children in a hurry and develops spendthrifts and criminals. He get religion in a hurry and forgets in a hurry He makes his will in a 'hurry and leaves a legal contest He dies in a hurry and goes to hell and his tribe in-creases COMMUNITY CHURCH Russell R. Kletzing, pastor, 237 Main Street Church school 9:45 a. m. Morning Worship - 11:00 a. m. Epworth League 6:30 p. m. C. K. U. D 6:30 p. m. Song Service 7:30 p. m. Study Class, Tuesday evenings at 7 o'clock. Sewing Class Tuesday afternoon Junior League . Wednesday, 3:30 Primary Department.-- Thursday, 2:30 Boy Scouts, Trop No. 1 Fri. 7:30 COPPERFIELD Sunday School 1:30 p. m. HIGHLAND BOY Sunday School 3:30 p. m. Sacrament Meetings, Sunday, 7:30 p. m. Sunday School, ... 10:30 a. m. Primary, Monday 3:30 p. m. M. I. A., Monday 7:30 p. m. Relief Society, Tuesday, 2 p. m. Religion Class, Wednesday 3 p. m. Priesthood Meeting, Friday 7 p.m. Copperfield Sunday school at 10:30 a. m. Everybody cordially invited to at-tend. ESTABLISHED RATES An Oklahoma editor has arranged a table of rates for publishing things "not as they seem" as follows: For calling a man a successful citizen when everybody knows he is lazlei than a government mule, $7.75; re-- . ferring to a deceased citizen as one who is sincerely mourned by the en-tire community, when he is missed only in the saloons, $1.10; calling an ordinary pulpit-pound- er an emi-nent divine, 12Vi cents; sending a tough citizen to heaven with poetry, $5.00; and so on with a list too long to give complete. GOOD OLD CHESTNUTS A Michigan woman was scanning the marriage columns of a newspaper and remarked to her husband: "Here is a strange coincidence a William Strange . married to a Martha Strange;" "Strange indeed," replied her husband, "but I expect the next news will be a little stranger." An Emery county boy's essay on Anatomy: "Anatomy is the human body, which consists of three parts, the head, the chest and the stum-mic- k. The head contains the eyes and brains, if any; the chest con-tains the lungs and a piece of the liver: the stummick is devoted Jo the bowels, of which there are five, A, e, i, o, and u, and sometimes w and y" Editors are not the only ones who receive weird communications. The Toronto Telegram records the fol-lowing note received by a druggist: "My baby has eat his father's parish plaster. Send a anecdote quick by the enclosed girl; also send a bottle of O Dick along as I am a little his-torical." SALT LAKE BANKER VISITS KIWANIANS The local Kiwanians had as their guests at their regular weekly meet-ing Thursday evening, M. H. Sowles, nt of Walker Brothers bank and Earl Randoll, formerly cashier of the Bingham State bank but now associated with Walker Brothers bank. Mr. Sowles made an Interesting talk on banking and - financial con-ditions, stressing the industrial changes that have taken place since the war, as well as the expansion of business which in his opinion, comes as a result of the war. The comimttee on roads reported that the county commissioners had made an appropriation for repairs on a portion of the Bingham high-way and further steps were taken toward securing a Red Cross unit for Bingham. Music was furnished by the Misses Bessie and Bertha Kappell, Van Dine Hutchings and Virginia Boyd. CHRITSMAS SEAL COMMITTEES The Utah Public Health Associa-tion has appointed the following Bingham people on the Salt Lake County 1926 Christmas Seal Com-mittee: Mrs. J. B. Meyers, chairman; Bishop David Lyon, Rev. Russel Kletzing, Mrs. Roy Shilling, Principal H. R. Atkins. For Lark the committee is as fol-lows: Bert L. Smith, chairman; D. L. Griffiths, Mrs. Robert Meyerhof-fe- r, Mrs. Dell Nell. MAKING CAPITALISTS OUT OF WORKMEN Festus J. Wade Says Anarchy Disappears With the De-velopment of Thrift When the savings pass-boo- k comes into a man's life to stay the red flag goes out. What the country needs Is to bring about a condition whereby the man who works with his hands shall take the same interest in his af-fairs as the capitalist does in his. Probably the best way to do this would be to turn the workman Into a capitalist. And this Is exactly what he becomes when he saves his money and builds ur a reserve fund. He re-mains a capitalist as long as he holds on to that money. The satisfaction of seeing his money reserve mount up will discourage the waster to take a layoff now and then. It will encour-age him to work a full six-da- week and thereby increase the labor hours applied to production. The American people can solve any problem they set themselves to. We provided for a sound currency when the greenbackers and inflationists were routed and the gold basis estab-lished. The Federal Reserve Bank was established and solved a problem for which most people thought there was no solution. A number of years ago, when there was a crisis or when a bank failed, we all used to shut up our vaults tight and let nothing get out. Instead of bettering condlttous we made them worse. Now It failures occur few people, except those direct-ly Interested, are disturbed. Perhaps the most Important problem of all right now Is to do away with labor wPste. It rver aan be done by preaching, by agttatlan or by force. It can be done by selling the workman on the Idea of becoming a capitalist. This can be brought about by the right kind of bank advertising. Who Is there to say that an advertising dol-lar bringing about this result would not be a constructive dollar? Fnalui J. Wade. |