anaheim-gazette 1924-09-25

CALIFORNIA'S FEDERAL AID The agricultural appropriation bill signed by the President on June 5th last, under which the Secretary of Agriculture has apportioned the seventy five million dollars authorized by the act of June 19, 1922, for the fiscal year 1925, July 1, 1924 to June 30 1925 added $2,464,990.78 to the amount of federal aid legally available for California. It is announced by the California Highway Commission in an explanation of the present federal aid situation in this state. This sum brings the total of federal aid apportioned to California from 1916 the date of the inception of the co-operative system, to 1924, to $17,693,206. Of this amount $14,335,716.95 had been obligated or was in process of obligation by the state highway commission on July 1, 1924, that is, cooperative agreements between the state and the Secretary of Agriculture to this total have been signed or agreed upon. The unobligated balance apportioned to California on July 1st was $2,757,589.05. Under the law the state has until June 30, 1927 in which to take up the greater part of this balance on new projects. Of the $14,335,716.95 in federal aid already obligated by California, $9,461,376.47 had been collected up to the beginning of the present fiscal year and deposited in the bond funds, leaving an uncollected balance on July 1st of $7,631,929.53. This latter sum may be termed the working fund of the California Highway Commission for primary construction. Federal aid comes to the state only in the form of reimbursements from the national government for its share of the cost of approved projects on the federal aid system. Thus, the $7,631,929.53 will be paid in the ownership of the federal government, enables them to secure an additional percentage of the cost of federal aid projects in the proportion as the public land is to the total area of the state, but not additional funds. California is one of the public land states and gets 59 per cent federal aid on approved projects, but not to exceed $17,795.90 per mile. The state total apportionment is not increased. In other words, on a project costing $30,000 a mile, the California Highway Commission can collect from the government 59 per cent of the cost, but no matter how much the project cost in excess of thirty thousand dollars a mile, the federal aid allotment will be only $17,795.90 for each mile. Bearing in mind this limitation and the heavy cost of much of the primary construction now under way in California, the slowness with which federal aid accrues to the state will be readily understood. Federal aid allotted to California by the recent apportionment of the Secretary of Agriculture represents about 3½ per cent of the total appropriation for the entire country. From 1917 to June, 1924, the California Commission expended $60,985,-355 from the first second and third bond funds, including $9,461,376 federal aid collected during this period, as previously stated in this article and deposited in the bond funds. It was proximately 15.5 per cent of California's income for primary construction and not one-half of the total expended as many presume. From 1916 to 1921 federal aid, with the approval of the Bureau of Public Roads, was granted on any post road of the state. Since the passage of the amended act in 1921, federal aid has been restricted to a definite system of highways, designated the "seven per cent system." This federal aid system comprises 7 per cent of the total place the blame can. They assess employment was due to the United States gue of Nations, we leged to have crushed this was a false o proven. The U used to refuse to but employment idle, and at good As Mr Butler public Adminis mon sense meth lieve he unemp did a number of War Finance Con sion had refused w were stimulated ties of the Depar Federal Reserve lowered, after ha der Democratic ad deflation program penses were red thus leaving more activity in priv ate were specific acts to the one great confidence and men of enterpris normal industrial. Mr. Butler utter ple economic trust upon the re conditions in 1922 and done, the me a job at good wa the job for th e country has alw first principles of Republican party for the welfare o fident that if he be will have no p problems than consumer. The ac eratic party is th first thought to th enable the co- the beginning of the present fiscal year and deposited in the bond funds, leaving an uncollected balance on July 1st of $7,631,929.53. This latter sum may be termed the working fund of the California Highway Commission for primary construction. Federal aid comes to the state only in the form of reimbursements from the national government for its share of the cost of approved projects on the federal aid system. Thus, the $7,631,929.53 still due California will be paid as it is "earned" by expenditures in contracts now underway and expenditures on contracts to be awarded in the future. The rate at which this comes in will determine the construction program in the immediate future. The method of determining each state's share of the federal aid appropriations as contained in the federal aid act is as follows: One third in the ratio of the area of the state to the total area of all the states; One third in the ratio of the population of the state to the population of the entire country as determined by the latest available federal census. One third in the ratio that the mileage of rural delivery and star mail routes of the state bear to the total mileage of rural delivery routes and star mail routs in all the states. Except in the public land states, the law limits federal government's participation to not more than 50 per cent of the cost of any given project and not to exceed fifteen thousand dollars per mile. The provision, applying to the ten public land states of the West, where large areas of land are approximately 15.5 per cent of California's income for primary construction and not one-half of the total expended as many presume. From 1916 to 1921 federal aid, with the approval of the Bureau of Public Roads, was granted on any post road of the state. Since the passage of the amended act in 1921, federal aid has been restricted to a definite system of highways, designated the "seven per cent system." This federal aid system comprises 7 per cent of the total road mileage of the state outside of incorporated cities, and is divided three-sevenths interstate and main trunk lines and four-sevenths inter-county laterals. The California federal aid system was agreed upon in 1922 by the State Highway Commission and the Bureau of Public Roads. The routes selected aggregate approximately 4467.6 miles. JOBS FOR AMERICANS Chairman Butler of the Republican National Committee is well within the record when he says that the Republican Administration secured employment for the four million five hundred thousand men who were out of jobs when the Republican regime came into power in 1921. It did not give them jobs on the public payroll, as a paternalistic administration would have tried to do, but it brought about economic conditions which gave the men employment in private enterprise, the best kind of employment men can have. The Democrats will not deny that the unemployment existed. They admitted it at the time, but tried to LUCKY STRIKE "IT'S TOASTED" CIGARETTES GET some t You're go call Lucky St just right. Bee Lucky Strike rettes give you good, wholes flavor of toa Burley tobacco Guaranteed by The American Tobacco It's toasted place the blame upon the Republicans. They asserted that the unemployment was due to the refusal of the United States to go into the League of Nations, which refusal was alleged to have crippled industry. That this was a false explanation was soon proven. The United States continued to refuse to go into the League, but employment was provided for the idle, and at good wages. As Mr Butler pointed out, the Republican Administration pursued common sense methods in trying to relieve the unemployment situation. It did a number of things, restored the War Finance Corporation, which Wilson had refused to revive, exports were stimulated through the activities of the Department of Commerce; Federal Reserve rediscount rates were lowered, after having been raised by the Democratic administration in its deflation program; Government expenses were reduced and taxes cut, thus leaving more money available for activity in private industry. These were specific acts all of them tending to the one great end of establishing confidence and making it easier for men of enterprise to resume their normal industrial pursuits. Mr. Butler uttered a great but simple economic truth when, in his comment upon the reversal of depressed conditions in 1921, "When all is said and done, the most precious thing is a job at good wages." Making sure of the job for the working men of the country has always been one of the first principles of Republicanism. The Republican party has its first thought for the welfare of the producer, confident that if he thrives as a producer he will have no great trouble solving the problems that confront him as a consumer. The attitude of the Democratic party is the reverse, it gives first thought to the consumer and tries to enable the consumer to buy as competition, but of what avail is the shutting out of foreign labor if we admit the product of foreign labor free? That is a clear, direct question which no Democratic campaign speaker will attempt to answer. TWO RECORDS Eight years of a Democratic administration during the first six years of which the Democrats controlled Congress, placed an increasing burden of taxation of the American people. The increases were not all due to waging war. As soon as this party came into power in 1913, appropriations began to mount. In the spring of 1916, the Democratic Congress appropriated more money for the fiscal year beginning July 1 of that year than had ever before been appropriated for the expenses of the federal government. Four years ago the Republican platform promised economy. At that time with the end of the World War many months past, the people of the United States were still paying war taxes and highly burdensome war taxes Figures are available for a little more than three years of a Republican administration, and these figures are the best answer to whether that platform pledge has been carried out. The public debt on February 28, 1921 a few days before the end of the Democratic administration then in power, amounted to $24,052,884,728. At the end of June this year three and a third years of Republican rule, the public debt had been brought down to $20,981,242,042. It is difficult for any mind to realize what a billion is. This reduction amounted to $3,070,442,686, more than three thousand million of dollars. This much has been cut off the principal. The cut has saved American taxpayers more than $135,-000,000 in interest charges each year, more than a third of a million dollars ANAHEIM First Mortgage Dealer Dated October 1, 1923 GUARANTEED AS TO PRINCIPAL ANNUITY INTEREST payable April 1. Principal, Sink America, Los Angeles, California. Coupon only. Callable in whole or in part on an announcement for Normal Federal Income Tax. PROPERTIES AND BUSINESS—This company is a general packing house business, and beginning the Company has grown until employed is 85. This progress has been dent and General Manager. Mr. Rueth and meat business. He is ably assisted by E. Huck, Secretary and Enos Ruether. The plant is located on four acres on the Union Pacific and Santa Fe railroad; the needs of the plant which is equipped seven refrigerating rooms with cooling sinks and thousands of pounds of pork cuts there is manufactured in the plant all kings age. The Company owns and operates California in such communities as Anaheim Whittler, Downey, Norwalk, Garden City; operating at substantial profit-packing plant. SECURITY—A recent appraisal by Messrs value of real estate, retail stores, made times the amount of this issue. EARNINGS—Since incorporation the new bonds have averaged more than four times were $34,258.19 or 4.89 times interest PURPOSE—Funds derived from this final made to plant and equipment and should crease business. CHARANTY—Mr. C. G. Chagman of Fu California in such communities as Ana Whittler, Downey, Norwalk, Garden G dition to operating at substantial profit packing plant. SECURITY—A recent appraisal by Mess value of real estate, retail stores, ma times the amount of this issue. EARNINGS—Since incorporation the ne bonds have averaged more than four t were $34,258.19 or 4.89 times interest t PURPOSE—Funds derived from this fin made to plant and equipment and should creasing business. GUARANTY—Mr. C. C. Chapman of Fu the principal thereof and the interest is well known in this community. SINKING FUND—Beginning January 1, and every month $1500 or at the rate o redemption of bonds on or before their Fund will work to retire the bonds mo $15,000 due October 1, 1926—$15,000 due October 1, 1929—$10,000 due October 1 All legal details pertaining to the issue PRICE 100 A First National Bank, Fullerton, Calif., Analyze the image for any visible text that might be part of a news article or advertisement. The text is clearly printed in a standard font and includes headings and paragraphs. It discusses the economic policies of the two parties involved in a tariff dispute, mentioning American taxpayers more than $135,000,000 in interest charges each year, and the fiscal year ending June 3, 1921. It also mentions the cost of running the federal government, which has been slashed with a determined head during the Republican regime. Public expenditures are detailed, including the cost of running the federal government, having been slashed with a determined head during the Republican regime. The figures show for the fiscal year ending June 3, 1921, all but three months of which was under a Democratic administration, the outlay for this purpose was $5,538,000,000. For the fiscal year ending June 3, 1924 this figure amounted to $3,497,000,000, an annual saving of more than two thousand million dollars. These accomplishments are a direct aid in lifting the burden of taxes from the shoulders of individuals and of industry. YOU NEED NOT Your Backbone will tell Me What and Where Your GET some today! You're going to call Lucky Strikes just right. Because Lucky Strike cigarettes give you the good, wholesome flavor of toasted Burley tobacco. NO OPERATIONS! NO MEDICAL WHY CHIROPRACTIC? BECAUSE—It is founded on facts. BECAUSE—It removes the cause of your disease instead of treating the effects. BECAUSE—Pressure on nerves is the cause of all sickness. BECAUSE—It is conceded to be the most effective health system known. BECAUSE—Over fifty insurance companies are now approving it. BECAUSE—Chiropractic teaches Health, "Not Disease." BECAUSE—Chiropractic restores Health without drugs, medicine or operations. BECAUSE—An analysis of your spine will reveal the true condition of your health. BECAUSE—Chiropractic will make you well when all other methods fail. Dr. Joseph H. Cole 6 Years Successful Practice Office Hours 10 a.m. to 8 p.m. Phone 845. 250 E The most Centrally Located Ground Floor Office in $100,000 ANAHEIM BEEF CO. Mortgage Deed of Trust 7 Pct Serial Gold Bonds Due Serially as shown Below DID AS TO PRINCIPAL AND INTEREST BY CHARLES C. CHAPMAN OF FULLERTON. Date April 1. Principal, Sinking Fund, and Interest Payable at the office of the Bank or Angeles, California. Coupon bonds in the denomination of $500 registerable as to principle in whole or in part on any interest date at 102 and interest. Interest payable without deferred Federal Income Tax, Insofar as may be lawful. BANK OF AMERICA—Trustee INVESTMENT FEATURES AND BUSINESS—This company was incorporated March, 1920 for the purpose of conduct-packing house business, and the wholesaling and retailing of its products. From a modest Company has grown until today annual sales exceed $1,450,000.00 and the total personnel employed is this progress has been made under the direct supervision of Mr. John Ruether, President of the Manager. Mr. Ruether's entire business career has been spent in the cattle packing business. He is ably assisted by the following: Messrs. Secondo Guastl, Jr., Vice-President; A. Petary and Enos Ruether and C. S. Chapman, Directors. It is located on four acres of ground between Anaheim and Fullerton, and is served by both Pacific and Santa Fe railroads. More than sufficient water is developed on the property for the plant which is equipped with the best and most modern machinery. Buildings contain cooling rooms with cooling and storage capacity of 1000 hogs, 250 cattle, 60 lambs, 150 calves or pounds of pork cuts in process of curing. In addition to the full line of fresh meats manufactured in the plant all kinds of smoked meats, sausages, bone meal and dried blood tank. Company owns and operates twenty-five of the finest and best equipped retail markets in such communities as Anaheim, Fullerton, Orange, Santa Ana, Huntington Beach, Brea, Norwalk, Garden Grove, Corona, Montebello, and Long Beach. These shops in ad-dating at substantial profit assure at all times a continuous outlet for the output of the A recent appraisal by Messrs. Chas. Eygabroad Eugene Durfee and H. H. Krause, fixed the estate, retail stores, machinery, trucks and other equipment at $281,857, or nearly three thousand dollars derived from this financing will be used to reimburse the Treasury for expenditures and equipment and should put the company in position to take advantage of its rapidly increasing. Mr. C. C. Chapman of Fullerton guarantees by endorsement on each bond the payment of such communities as Anaheim, Fullerton, Orange, Santa Ana, Huntington Beach, Brea, Nevy, Norwalk, Garden Grove, Corona, Montebello, and Long Beach. These shops in addating at substantial profit assure at all times a continuous outlet for the output of the A recent appraisal by Messrs. Chas. Eygabroad Eugene Durfee and H. H. Krause, fixed the estate, retail stores, machinery, trucks and other equipment at $281,857, or nearly three count of this issue. Since incorporation the net earnings of the Company applicable to interest on this issue of overaged more than four times interest charges and for the year ending January 31, 1924 or 4-89 times interest requirements funds derived from this financing will be used to reimburse the Treasury for expenditures and equipment and should put the company in position to take advantage of its rapidly incess. Mr. C. C. Chapman of Fullerton guarantees by endorsement on each bond the payment of thereof and the interest thereon. The high moral and financial standing of Mr. Chapman in this community. BUND—Beginning January 1, 1924, the company will pay to the Trustees on the first of each month $1500 or at the rate of $18,000 a year, said monies to be used by the Trustee for the bonds on or before their maturity dates in the order of their maturity. This sinking kick to retire the bonds more rapidly than provided in the serial maturities. MATURITIES October 1, 1926 — $15,000 due October 1, 1927 — $10,000 due October 1, 1928 — $10,000 due September 1 — $10,000 due October 1, 1930 — $40,000 due October 1, 1931. This pertaining to the issue of these bonds have been passed on by Messrs. Ames and McFadden, of Anaheim, California. PRICE 100 AND ACCRUED INTEREST TO YIELD 7 PER CENT SUBSCRIPTIONS TAKEN Bank, Fullerton, Calif. Anaheim National Bank, Anaheim, California. Anaheim Beef Co., Anaheim, Cali QUESTIONS and Their Answers NOTIONS! NO MEDICINE! NO DRUGS! ACTIC? WHY COLEMAN? BECAUSE—Of his superior system of vertebral adjustments. BECAUSE—Of his six years' practice in Los Angeles, where he was one of the most prominent chiropractors. BECAUSE—He has thousands of satisfied patients. BECAUSE—He is a graduate of the noted Ratledge School of Chiropractic having the very highest of standards. BECAUSE—Each patient receives his personal attention. No one is employed to adjust his patients. BECAUSE—Of his gentle adjustments. BECAUSE—He has the most modern office and X-Ray laboratory in Orange County, with individual rest rooms. BECAUSE—His rates are reasonable including complete X-Ray of your back FREE with course of adjustments. H. Coleman, Chiropractor Successful Practice in Los Angeles. m. Phone 845. 250 E. Center St. Ground floor Anaheim Floor Office in Anaheim