anaheim-gazette 1921-09-08
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FEDERAL FARM BANKS
GET MORE MONEY
There appear to be some confusion in the public mind regarding the exact provisions of the recent amendment to the federal farm loan act, the amendment known during its discussion as the Curtis-Nelson bill. The following is a brief explanation of it.
The capital stock of the federal land banks is $25,000,000. The original farm loan act authorized the secretary of the treasury, in his discretion, upon request of the federal farm loan board, to deposit for the temporary use of any federal land bank any money in the U.S. treasury not otherwise appropriated, provided that the aggregate of all sums so deposited with all the federal land banks should not exceed the sum of $6,000,000. It required that the land banks in which such deposits were made should issue to the secretary of the treasury a certificate of indebtedness for the deposit, secured by farm loan bonds or other collateral satisfactory to the secretary, and bearing a rate of interest not in excess of the current rate charged for other government deposits.
The land banks took up these certificates of indebtedness and returned the deposits to the U.S. treasury as fast as they sold their bonds. With the proceeds of the bonds they made new loans until the funds were exhausted when they repeat the process. This amount of $6,000,000 has been deposited with the land banks and paid back many times since the law was enacted. It is handled in exactly the same manner as the federal reserve banks which receive deposits from the treasury upon which they pay interest.
The Curtis-Nelson amendment proves that in addition to this $6,000,000, the secretary may deposit with the farm banks, in his discretion, a sum not exceeding the difference between plague of parasitic grasshoppers is scarcely to be unlooked for.
When the people of Russia get rid of their grasshoppers, the human ones rather than those of the orthopterous species, the sending there of relief expeditions, financed by the people of tolerant and patient other nations of the world, is not likely to be called for.
COMING TO LIFE AGAIN
A national organizer of the Non-Partisan league announces his arrival in Salem, Oregon, to launch a league campaign in that state.
"We plan to organize in about thirty days," he said, "and then go before the people with our program. They are to pay $14.00 for their membership. Of this $4.00 goes for national organization, and the rest to the local need. Formerly, the whole membership fee of $16.00 went through the national organization."
The league is again at work in the state of Washington and the announced program in Oregon which is similar to that of Washington includes:
State owned powder factories, packing plants, canneries, sugar factories, creameries, milk condensaries, terminal elevators and flour mills.
State owned warehouses and storage plants for eggs, fruit, potatoes and other farm products.
Exemption of farm improvements from taxes, rural credit banks operated at cost, and equitable system of grading grain.
State ownership and distribution of water power.
The recall election or Non-Partisan league officials in North Dakota will be watched with interest. What effect its result will have on the plans of the league in Washington and Oregon cannot be predicted, but the league
THE VETERANS
The consolidationral agencies, their ice, the war risk and the federal education into them contemplated by virtually taking place and the city of now. K. J. Scuddervisor of the federal education at Los Angeles pointed manager/reau for the city Shepp, in charge claims, has been Scudder's assistant to have charge for E. L. Wemphil of the public health of Los Angeles, same line of work of Mr. Scudder will have caargent comprising the al board for vocation.
Plans and proworked out in one more unified articling of the It will be recalled creating the very stigated owing biltles of the fact that each circle worked in about duplication upon ex-service.
Under the new can take up his hospitalization portunities with one time and in Under the new na take up his hospitalization portunities with one time and in
This amount of $6,000,000 has been deposited with the land banks and paid back many times since the law was enacted. It is handled in exactly the same manner as the federal reserve banks which receive deposits from the treasury upon which they pay interest.
The Curtis-Nelson amendment proves that in addition to this $6,000,000, the secretary may deposit with the farm banks, in his discretion, a sum not exceeding the difference between the cital stock of the farm banks ($25,000,000) and $50,000,000 until such time as the capital stock of the farm banks shall be $50,000,000. Under the law with every loan made there must be a subscription to the capital stock of the bank equal to 5 per cent of the loan, so the capital stock of the farm banks is increasing constantly at the rate of 5 per cent of their total loans.
To prevent the possibility of land banks needlessly calling for these deposits, the Curtis-Nelson amendment provides they must pay interest on these deposits of one-half of one per cent more than the rate of interest on the land bank bonds. This makes it desirable on the part of the banks to sell their bonds to get funds rather than use deposits of the U.S. treasury.
At the same time it enables the farm banks always to have access to $56,000,000; their present capital stock of $25,000,000, the difference between their capital stock and $50,000,000, which at present is $25,000,000 and the original provision of $6,000,000. As fast as the capital stock is increased, the difference between it and $50,000,-1,000 will correspondingly decrease, and the U.S. treasury will be subject to correspondingly less deposits.
While this makes ample provision for funds for the farm banks it is also a good bargain for the government and the public taxpayer. Farm bank bonds now bear 5 per cent interest. As stated above farm banks pay the U.S. treasury one-half of one per cent more for use of the deposits than they pay for their bonds, or 5 1-2 per cent. This is a higher rate of interest than the government gets from other deposits.
THE RUSSIAN GRASSHOPPERS
There's a nonsense song which the college youth get off to the effect that "One grasshopper hopped upon another grasshopper's back," that line oft repeated, constituting the whole of the first verse. The second verse runs,
Exemption of farm improvements from taxes, rural credit banks operated at cost, and equitable system of grading grain.
State ownership and distribution of water power.
The recall election or Non-Partisan league officials in North Dakota will be watched with interest. What effect its result will have on the plans of the league in Washington and Oregon cannot be predicted, but the league record in North Dakota is sufficient to cause its defeat in the two states where it is now attempting to gain a foothold.
THE WAVE OF LAWLESSNESS
Half of the space in the metropolitan newspapers today is used to report robberies, hold-ups, murders, suicides and family troubles of various kinds. In a leading San Francisco daily the life history of one of the most noted recent train robbers is being run in a sensational form tending to make a martyr out of the man and idolize him in the eyes of the youth of the land.
A recent report of a hold-up of two women in San Francisco says, "I hate do it lady, but I am up against it. Give me work and I won't have to rob. If you scream I'll shoot." The general impression left in the reader's mind after reading the story is that it was necessary for a gentleman highwayman to get money in this manner.
The papers in various cities are full of similar instances. What is the remedy for this condition? Most of these robberies and cases of law breaking are due to standards of living which have been developed beyond the means of the individual to satisfy. Too many people drew more money during the inflated war wage period, than they will ever be able to earn through their ability or skill. Preachers of discontent have tried to make millions believe that they are entitled to a living from some other man's work.
It is this false reasoning which must be knocked out of the minds of thousands of criminals and would-be-criminals before the present era of crime can be curbed.
ECONOMY DOWN THE LINE
Interest in economical government and tax reduction should not all be directed toward the federal government but should include local finances as about duplication upon ex-service.
Under the new can take up his hospitalization portunities with one time and in one time for war risk insure health, and then being consolidate September 15th machinery and Sweet bill.
The office of be at the Will federal board service have b and personnel claims with Wilcox buildin.
K. J. Scudo reau, speaking said: "There for a long time The Sweet bit ing the buck man is concern an opportunity man's needs be expected cruing out of come to the will take some machinery but will without which we all old law and direct."
FUME
Fifty-seven now fumigateous orchards of them open outfits, accountual Comm has issued cate to the various cate of qualifie forethe fume from the boo Morris say using liquid it having pr than the old The insect minated by black, red a
THE RUSSIAN GRASSHOPPERS
There's a nonsense song which the college youth get off to the effect that "One grasshopper hopped upon another grasshopper's back," that line oft repeated, constituting the whole of the first verse. The second verse runs, "Two grasshoppers hopped upon two other grasshoppers' backs," and so on ad libitum, so that the thousandth verse, if gleeful voices would hold out and the police didn't interfere, would be sun "One thousand grasshoppers hopped upon one thousand other grasshoppers' backs."
One of the innumerable daily cablegrams from Riga, which is the distributing point for news, near news, gossip and fiction from Soviet Russia, recently said that Russia was being overrun with grasshoppers—that there are so many of them that they constitute a virtual plague which serves to aggravate the present famished state of the soviet-liberated Russian proletariat. This, like a great deal of other information coming in round-about ways from Russian sources, may or may not be true, but it would not be at all surprising were the Lenine and Trotzky lation populace of Russia literally overwhelmed by grasshoppers hopping on other grasshoppers' backs at the rate of the thousandth verse.
Without any scientific knowledge of grasshoppers, beyond that obtainable from the office dictionary, I can't see that they are of very much use except to hop on each other's backs as the nonsense college ditty sings. And since Russia has become infested with most of the social plagues known to man, including the parasitism of its populace and its ruling system,
ECONOMY DOWN THE LINE
Interest in economical government and tax reduction should not all be directed toward the federal government but should include local finances as well, according to Postmaster General Will Hayes.
In addressing a Rotary club meeting at Washinton, recently, Mr. Hayes said:
"The total expenditure of the towns, cities, townships, counties and states exceed those of federal government, except only the payment on the already contracted war indebtedness which cannot be avoided.
"The opportunities for economy are just as great among these as with the federal government.
"I propose a nation-wide systematic, enthusiastic and sincere movement to reduce these expenditures of local government."
We are satisfied that the board of supervisors of this county has made and is still making a strenuous effort to prevent the tax rate for the coming year from being larger than the tax rate for the past year. An unusual demand for road repair funds is the only reason the tax rate was not reduced. The board has declined to make a number of substantial appropriations.
Maybe "man was made to mourn," as our copy-books said, but who is going to make him-mourn except himself?
If you "hitch your wagon to a star," be sure your wagon is capable of making the star's speed.
ANAHEIM GAZETTE
THE VETERANS' BUREAU
The consolidation of the three federal agencies, the public health service, the war risk insurance bureau and the federal board of vocational education into the veterans' bureau, as contemplated by the Sweet bill, is actually taking place in district No. 12, and the city of Los Angeles right now. K. J. Scudder, formerly supervisor of the federal board of vocational education at Los Angeles, has been appointed manager of the veterans' bureau for the city of Los Angeles; H. L. Shepp, in charge of compensation claims, has been appointed at Mr. Scudder's assistant and will continue to have charge of compensation; Major E. L. Wemple, formerly in charge of the public health service in the city of Los Angeles, will continue in the same line of work under the direction of Mr. Scudder and Mr. A. G. Waldeich, formerly Mr. Scudder's assistant, will have charge of the work formerly comprising the activities of the federal board for vocational education.
Plans and procedure are now being worked out in order to bring about a more unified and more efficient functioning of the new veterans' bureau. It will be recalled that the Sweet bill, creating the veterans' bureau, was instigated owing to the divided responsibilities of the three agencies and the fact that each one or the three agencies worked independently, bringing about duplication as well as hardship upon ex-service men seeking relief.
Under the new organization the man can take up his compensation claims, hospitalization needs, and training opportunities with the same personnel at one time and in the same place.
Under the new organization the man can take up his compensation claims, hospitalization needs, and training opportunities with the same personnel at one time and in the same place.
DOVE LIGHTS AT LAST
"Peace with Germany is at last a fact," says the Republican Publicity association, through its president, Hon. Jonathan Bourne, Jr. "About two years and eight months after the actual cessation of hostilities, the war, far as the United States is concerned, is officially declared at an end. There is no more remarkable chapter in the history of the country than recounting the events of the armistice period. The people have been helpless to bring an earlier peace. Their senators and representatives in congress performed their duty when they enacted a peace resolution last winter and sent it to the president for his signature, but he negatived their efforts with an executive veto. He served notice to the country and the world that he intended the war to continue until peace could be written on terms dictated by him alone.
"But those terms held little favor with the great majority of the people, and through their Republican senators they proclaimed their preference for technical war rather than submit to dictation by ya coterie of foreign diplomats in all their future dealings with the other nations of the world. As the months go by added proof is forthcoming of the wisdom of our Republican legislators in refusing to bind the country as the Democratic president urged. Extolled as the means by which the world would be regenerated and saved from all future wars, the league of nations has become a complete nonentity. With more than 40 members, including the greatest powers of the world other than the United States it has utterly failed to prevent fighting in various parts of the earth; in fact, practical measures for peace have not been even attempted.
"It has been proclaimed many times that without the United States as a member, the league of nations could sacks. Limas were planted light this year due to drought expectancy.
Threshing will begin in two weeks and the bean warehouse at Smeltzer will open for cleaning within the next three weeks.
Hard work doesn't kill, but then neither does soft work.
Say It With FLOWERS
Howard E. Gates
FLORIST
Phone 121
Cor. W. Center and Illinois
Eva Lyons Smith
Plano
Classical-Thilo Bocker Method
Orange County Representative
CHRISTENSEN SCHOOL
OF POPULAR MUSIC.
Studio, 211 W. Chartr's,
Anaheim
Phone 549-J
Res. Fullerton, Phone 482-M
NOTICE FOR PUBLICATION
In the Superior Court of the County of Orange, State of California.
In the Matter of the Estate of Robert Wilson, Deceased. No. 12550. Notice for Publication of Time of Proving Will, Etc.
Notice is hereby given that Friday, the 16th day of September, 1921, at 10
about duplication as well as hardship upon ex-service men seeking relief.
Under the new organization the man can take up his compensation claims, hospitalization needs, and training opportunities with the same personnel at one time and in the same place.
Under the new organization the man can take up his compensation claims, hospitalization needs, and training opportunities with the same personnel at one time and in the same place.
The files formerly belonging to the war risk insurance bureau, public health, and the federal board are now being consolidated into one folder. By September 15th it is expected that the machinery and procedure provided by the Sweet bill will be in full operation.
The office of the veterans' bureau will be at the Wilcox building, where the federal board and the public Health service have been hitherto. The offices and personnel handling the compensation claims will also be moved to the Wilcox building.
K. J. Scudder, manager of the bureau, speaking of the consolidation said: "There is no question but that for a long time this thing was needed. The Sweet bill spells the end of 'passing the buck' as far as the ex-service man is concerned. We will now have an opportunity to study carefully a man's need without delay. It cannot be expected that the advantages accruing out of the consolidation will come to the surface immediately. It will take some time to perfect this new machinery but when once perfected it will without doubt remedy the abuses which we all knew to exist under the old law and yet were helpless to correct."
FUMIGATORS ACTIVE
Fifty-seven separate concerns are now fumigating the citrus and deciduous orchards of Orange county, some of them operating as many as seven outfits, according to County Horticultural Commissioner E. L. Morris, who has issued certificates of qualifications to the various fumigators. The certificate of qualification must be issued before the fumigator can secure a license from the board of supervisors.
Morris says the fumigators are now using liquid gas process exclusively, it having proved far more effective than the old method.
The insects which are being exterminated by the fumigators are the black, red and purple scale bugs.
The world would be regenerated and saved from all future wars, the league of nations has become a complete nonentity. With more than 40 members, including the greatest powers of the world other than the United States it has utterly failed to prevent fighting in various parts of the earth; in fact, practical measures for peace have not been even attempted.
"It has been proclaimed many times that without the United States as a member, the league of nations could not successfully function. That has been amply demonstrated, but along with the demonstration has gone the realization that if the United States were to become a member she would be called upon to carry into execution herself all the onerous duties imposed by the provisions of the league covenant. Those nations that are so faithless in carrying out their own obligations under that instrument would be the first to hold the United States to a strict accountability for the fullest performance of her own pledges.
"The ultimate purpose of the league was to put an end to war. It has abjectly failed to take a step in that direction. The United States acting alone and independently has not only ended its war with Germany without incurring any of the obligations of the Versailles treaty that the other belligerents signed, but it has effectively prevented a war between Panama and Costa Rica, subdued the warlike element in Haiti and San Domingo, removed the causes for a bloody political revolution brewing in Cuba, taken steps to arbitrate differences between this country and Japan, and in other ways contributed materially to world peace.
"And all this has been done without the slightest yield of the national sovereigny; in fact, the world has been made to see that the supine attitude that characterized the conduct of our foreign relations in the recent past has been laid aside, and that America will not longer play the role of a supreme sacrifice on the altar of the world. The American notes to the powers on the general principle of mandates, coupled with official utterances of our representatives at home and abroad, have brought other nations to a proper conception of America's place in the world."
The approval of the resolution marked the final act in bringing the country independence from the internationalism that has hung over it for
ORANGE COUNTY BUSINESS COLLEGE
Santa Ana, California
Enrollments now active for our term. We can train you in a few months for a good position paying from $75 to $150 a month. The mand for our graduates was never great. Salaries were never so high. We cannot fill half the positions placed at our disposal. We have more students this year to take the wheels of business moving. Ask today for our FREE catalogue. J. W McCormac, President.
Morris says the fumigators are now using liquid gas process exclusively. It having proved far more effective than the old method.
The insects which are being exterminated by the fumigators are the black, red and purple scale bugs.
The red spider or aphis also does much harm to citrus trees. The codling moth goes after the apple trees and peach leaf curl is the bane of the peach tree's existence.
These insects are being exterminated by spraying and other tried and approved methods.
Commissioner Morris says he is receiving many applications from fumigators, some of whom are amateurs. He will not issue a certificate of qualification unless the applicant has had considerable experience.
Many of the fumigators who were actively engaged in past seasons have renewed their licenses.
There is plenty of work for all engaged in the business.
BEAN PRICES ADVANCE
Lima bean prices are improving.
Around Wintersburg, Talbert and Smeltzer 5 1-2 cents is being paid, according to reports here. It is understood that in some sections the crops have sold at 5 cents, and that today's price in these other districts of 5 1-2 cents indicate still better prices.
On the San Joaquin ranch some lots of limas have brought as high as 5.60 cents.
In view of these facts, lima growers are confident that still better prices will prevail in the near future.
Cutting has begun in the southwest section of the county. Between 30,000 and 35,000 sacks are anticipated at Wintersburg, while 10 to 20 sacks an acre are promised by 1000 acres planted at Talbert, growers say. The Wintersburg crop last year was 80,000
FRESH SWEET MILK AND CREAM
CITY OF FULLERTON
August 22, 1921.
A. A. Mills, Anaheim, Cal.
Dear Sir:—Results of tests on samples of milk taken on August 17, 1921, are as follows:
Bacteria..... 1800 per c.c.
Butterfat..... 5.4 pct.
Solids not fat... 9,255
Total solids... 14,655
I wish to compliment you on this sample of milk as it is very good.
(Signed) J. H. LANG, M.D., City Health Officer.
Get the Mills Milk Phone 50-W
WHITE LILY BAKERY
307 W. Center. B.J. Dresser, Prop
Constantly on hand the best bread, pies and cakes, made with selected flour, by
WHITE LILY DARELIT
307 W. Center. B.J. Dresser, Prop
Constantly on hand the best bread, pies and cakes, made with selected flour, by experienced and expert bakers. Delivered daily to all parts of the city.
The patronage of the public is cordially solicited, and we are certain that we shall be able to please you. White Lily bread is the best in the market. Patronize home industry and do your part in supporting the community.
Try Us with Your Valued Patronage and be Convinced
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