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The Bozeman courier. (Bozeman, Mont.) 1919-1954, January 30, 1924, Image 5

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THIRTY-THREE YE ARS A GO.
From files of the Avaunt-Courier,
February 5, 1891
t< »wn yester
■••'Led horses.
in
Jb
r. turned from
and is again J
■ .ru business.
E.
. ,
is
list
■ land, spent a
rail last week,
-wallow.
!
I
!
that Mrs. Cy ;
ill during the:
■am
I;
man. ;
Jerhniah
years.
Di
1*9
.) t
a zee
!
I
a .laughter at the I
- nr.th accounts for
a v h Mr. Smith is
Th
he «
( YV
■v formerly ran the
Helena,
talking
P.
i\J
1' zi-man v>
T uesday,
P Chisholm.
as
N
(
the year, so, fa» - ,
the thermometers
aiv; Mayor Pease re
r, ri beb v. zero. This
■ luden times.
Th
i y
( ?■
111
TV
i ( as tie stage line
, kut enterprise, will
-the board cf 1
of the Busi-j
» - . !
artenaliz*
taken h»»l<
j
. h rn.-. etc. He re-j
. oniewhat drifte»! inj
ood, considering the
j
ha\ ir
earnest.
m
i
down
Bartholemevv
• ■ .isin this week with a i
ca me
In
■ Iv
' rails
-wr» -
ite*
Hi who has been visit,!
>f this
Mr
- a
Ht ;.u ut , Mrs. Patterson,
ui'inu the* past month, returned j
home at Fort Benton, yester- ;
*
I
iy.
■ would publish the notice of the
i-vll » if a son at the home of E. W.
1, near Reese creek, hut unfor
sly we don't know the exact
arrivai.
^^Hrie<! in Bozeman, Mont., on
^Hy evening, Feb. I t, 1801, Rud
^Hi'ogel to Mis? Engine Gotz, both
Rev. Frank B. Lewis
fficur<
(Hitor > Note The name of J. H.
a - . ;*.r in an ad of the Boze.
- » bank in the display!
"lu mns of the
ourif assistant cashier.)
an
\a
Avant
dver
,
1
at* "mimodating 1
F. Hundley, j
if
f. I
■ •• ;tin that tin*
K'h operat.V. J.
position in the near 1
in the real estate
i tiens with his rust- ,
;
;
Charles i
*
nd ir
ng :
!. a LU*
I
M.
Findley.
7^,atbe
i
f
;>*n
'*U' I
a*tic, which were
! '-l fall, were brought down
oasin last week,
void being caught '
|
j
purchasing!
of the
Ballatin
1 1 >
re
t St '1-111.
< •
"as down from th».*
tast week,
remainder
art.
In i> .
K*.? r<
: • seme fine spiv
fr«»m Mr.
Chisholm's
M 'w engaged in
mu
* the city on Sat-1
was leported he
"Vt-nior to order
ai»is, to suppress
which is being car
' the natives in hi.i
1 Cottonwood,
last weeK
ring the balance
it ing her parents,
*il y resided in Mon f
. hut is suffici
ret urn.
secretary
P» i»> .
Mrs
a.,
id *
. v
-TS. j
» 8:
Lry K
Hon
!; i vS indson,
T thi* United Status
•t "f January 29
v the
«d o
UiM
elmo
a.
t'v banquet hall u
■'*'' Volk city, where
-l «if the
w a
New York
and Transportation
h: has been greatly
.• this week. The
Hie water was gorg
U laht, and has not yet
Ii is ihe intention
!>any to rebuild
h
U*
W ir
the rit
n -hi
* on
?
a portion
s P'ing, and also
»' n gme in case of
'c reaf ie r .
* an
any ac
t We are informed
i »nt will be working O.
" days.
Fred Zoichel,
of upper Cherry
Creek, came in from his ranch last
week, and while here spoke loua
and strong in favor of that section
>»f Madison county, being attached to
Gallatin. It is a matter which will
no doubt receive the attention of our
present legislature.
Messrs. Howard and Brittain, the
enterprising 'bus men, are putting on
a little style with their four horse
vehicle which they have just taken
from the paint shop, looking as good
as new. after having received the*
finishing touches by the artistic hann
of John S. Craig.
Dr. R. M. Whitefoot, the efficient
health officer of the city, made his
report to the city council at their
meeting last week. Among other mat
ters mentioned was the importance
of keeping a record of deaths in the
city, their causes, etc. This is an im
portant matter and should be at
tended to promptly and with scrupul
ous exactness.
E. B. Lamme has in his residence
the first furnace of its kind in Boze
During the recent cold snap
j man.
j hc( had no tmuble in keeping his
i house comfortable, the minimum tem
j perature being CO degrees. They ar,?
a great arrangement and we wonder
that more of our citizens do not use
them.
-
The masque ball, given for the
benefit «of the hospital fund, on Fri
day evening last, was a success soci-J
About fifty i
wercl
a great many spectators present. The }
costumes were not elaborate but the
participants appeared to enjoy them
selves. $104.50 wall be thus adciea j
to the hospital fund.
ally and financially.
couples were masked and there
I
i
A private letter received by Charley i
Curtis from L. J. P. Morrill, w'ho now ;
lives at Los Angeles .Cal., contains 1
the information that Mr. and Mrs. j
Story are there, and Hank Wright and
other Gallatin county people,
and Mrs. Thomas Lewis are at Mr.
Morrill's house, their little »laughter,
Edna being sick with the measles.
Mr. and Mrs. James Martin, also of
this city, were expected daily.
Cooke City last week and will likely
spend the remainder of the winter
: here. Mr. Langston will he remem
bered as the man who was so nearly
Wm. Langston came down from
killed several years ago at the Chest
nut coal mine, his skull having been
fractured by the explosion of a blast.
j He was afterward badly frozen near
and obliged to have
of his right foot amputated. He now
looks as hale and hearty as a "bad
gw*."
of manslaughter at the recent term
of the district court held in Living
stou.. wa~ a c week sentenced by
Juda» H -nry to confinement in the
Urban Mosier, who was convicted
r.' T)eer laidge fior the
reniait: of his natural life. Mosier
notjpeniU ary
{will he ememhc - *k 1 as the man who
killed Fritz Brettinger, at Cokedale. |
in Park county, in November last.,
The sentence apparently gives gen- j
levai satisfaction to the citizens of j
Park county.
_
from
Friday last and
umed on Monday. He speaks very
John Huber came over
Meadow Creek on
rot
in that
will he
He says
few "coffee coolers'' in
encouragingly of the mines
locality, and thinks times
good there next summer,
there are a
the camp who make a business of
jumping claims in order to raise a
j grub stake by being bought off. They
j are regular blackmailers and should
he escorted out of the country. (Ed
itor's Note—The Meadow* Creek coal
mines have been re-opened and large
1 shipments of the coal are now being
( shipped to and consumed in this
! city.)
_
' Among the many business houses
to be erected in the spring, we are
informed, that one will be on the
corner of Main and Black streets, to
take the place of the one now occup
ied by Levy & Elias. We learn also
that the Northern Pacific hotel will
be tom down, to be substituted by
fine brick structure. (Editor's Note
The Northern Pacific hotel had
a
• 1 '
been operated for a number of years
by the Bohart Brothers, formerly of
this city, and of whom mention was
made in last week's 33-Years-Ago
j columns, as having given up their
of! *bus line and moved to the new Rav
alii county.)
1
Some of the farmers of Cottonwood
and vicinity cantemplate the building
of a dam and larger reservoir in the
t is thought
Cottonwood canyon.
Bok Refuses to Tell Cost of Peace Award]
'
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39
— ■■ ■ -
Fdward W. Bok, whose $100,000 Peace Plan award stirred a Sena
te,nal investigation, refused to state the cost to him when called to
Washington for hearing. In the foreground is Mr. Bok. Seated are
Senators Shipstead (Minn.), Green (Utah), Moses (N. H.). Reed
(Mo.), and Caraway (Ark.)
can be built for $1,000 and will bo
the means of supplying those inter
ested with all the water they may
need for irrigation purposes. A meet
ing of the farmers will be held at
the Middle creek school house on Sat
urday next to consider the matter
It is a step in the right direction
and should be followed by other farm
ers 'of the valley, in different local
itU-s, as it would be the means of
not only avoiding endless litigation
but would insure more excellent crop?
in the future.
railroad shops, in Livingston, abou*
2 o'clock this afternoon frozen to
death. Gillis came down from Oooko I
Neil Gillis, a prominent
mm mg
man of Cooke City, was found lying
at the foot of the bluffs north of the
City last fall and soon after his ar. !
rival made a sale of some mining
property. Since then he had been I
drinking heavily and Friday evening
Charles Pdillaid (the beloved Uncle
Charley of tender memories in Park
county) took him to his ranch on
top of the hill to try and sober him
up. This miming about 10 o'clock '
Millard came down to Uiwn to get j
some milk to make Gillis a punch. He :
was unable to find a milk man for
a while and when he returned to the !
cabin Gillis had vvandei*ed away.
After searc hing for him a while Mil- \
lard came down and organized a party
to look for Gillis. After a short
search he was found lying with only
his underclothing on, dead. Gillis j
was an old-timer at Cooke City and 1
very popular among his associates.
Mr.
President of the First National Bank,
Business Conditions
In the Northwest
By ELMER E. DAVIS
of Fergus Falls, Minn.
From what I can learn from reading
financial papers and talking with fin
'en from other parts of the
ancial n
county, Minnestota, North and South
Dakota, and part of Montana form
a sort of financial depression or pot- j
hole, and the rest of the country is
no ^ a H e( 'P"d as this section is. Every
where in the industrial centers they
are proclaiming prosperity. This is '
true in Detroit, in and around New
j
York city and in the southern part '
I
It is perfectly easy to understand :
why conditions are hard here in the
northwest. For the past five years,
there has been a tremendous outgo of
of California.
cash to other parts of the country
ant ^ ver y bttle has been brought back.
H one will survey the situation, he
will find that practically everything j
that the * e three northwestern states
have to sell is the product of the soil.
A very large portion of such manu
factoring as is done in the territory,
[and it is not large, is to supply this
particular territory so that no outside
money is drawn into it.
Millions for Gasoline
We draw nothing from Texas and
Oklahoma and the southwest, to which
sections we have sent millions of dol
lars for oil and gasoline. We draw
nothing from Ohio and the tire man
ufacturing sections, to which we have
sent as much as we have to other
parts for oil and gasoline. There has
been a constant stream of currency
flowing out of this territory to De
troit, and other automobile centers,
but the automobile and its accessories
are not the only line which have been
exhausting us. Every manufacturing
center has been making something
which it has sold in this territory for
which it was paid in currency'. The
cash has been sucked out of us as
though with a vacuum cleaner. The
balance of trade has been against us
and until we produce and manufacture
enough so that we draw from other
portions of the county, we are going
to feel the embarrassment which
shortage of cash always creates.
This situation has been intensified
crops, and shrinking prices
in many cases, but on the whole the
by short
which we have received for
prices
what we have produced are higher
than they used to be and are probably
high we can hope for. While pro
ducing at a high coat and selling
a low price, we have been purchasing
it
as
at the very top prices. This applies
to everything which we have bought;
the lumber which has gone into our
houses and barns, the coal which we
burn in our stoves and furnaces;
and the clothing which we have
worn on our backs, and the shoes
which we have worn on our feet, as
well as the cost of transporting all of
these, which has been higher than it
has ever been before. Only one result
can follow such a condition and that]
is that the community which is pro
ducing lower priced stuff is going to
feel the pinch of hard times.
When our new senator, Magnus
Johnson, was being exploited on his
recent visit in the east, he said a
great many foolish things, but he said
one thing which was true and well
worth while. He said that the farm
ers of the northwest did not need
more credit, but less credit, and too
much credit had aided in putting them
into the dilemma in which they now
find themselves.
It is only fifty years since the
settlement and development of the
Northwest began. They found it free
f rom debt and rich in natural re
sources which the ages had stored up.
There was a rich fertile soil untouch
by the plow share; there were al
,nost limitless forests and deposits
0 f
I
unequaled anywhere in the
ore
wor i f j
Bound to the Limit
For fifty years w - e have been con
stantly drawing on the fertility of the
soil. Our forests have been wanton
ly wasted and tremendous drafts
made on our ore, but the distressing
thing is that while we have been draw
ing on those resources we have run
tremendously in debt. We have
mortgaged our land for all that we
could get and our counties, our cities,
our villages and our school districts
have bonded themselves to the limit.
Prosperity always reigns when the
proceeds of a mortgage or a bond is
sue is being spent but there are al
ways tough times when they are be
What makes conditions
ing paid,
grievous now is that debts and interest
niust be paid when the soil is stripped
of its pristine fertility and no longer
yields the harvest of its early days.
Bonds and mortgages and interest
must be paid when yields are light,
prices low and operating .expenses
high,
Get Deeper in Debt
If a careful survey was made of in
dividual cases in the northwest, I be
lieve that it would result in finding
that more than eighty and possibly
ninety per cent of all the people are
n d e bt much deeper than they were
ten years and five years ago. There
time when many farms in this
The
wa s a
Re ction were not mortgaged,
an( j developed them and built barns,
by struggling and hardships paid off
t h e debts It has been the second
generation which inherited what the
fj rst crea ted, which has put the mort
^ges upon the farms.
who had opened them up
pioneers
There are
where the debts
many, many cases
not only for the improvements
upon the farm, but the increased
value of the land has been mortgaged
j ar( j a bsorbed
j cre sard
bad to carry its operating expenses
conditions, but it has
are
fast as it has in
that the land has not only
as
, so
» bad to pay the interest upon the ad
j ditional debt load.
; There has been no desire to get
| out of debt. The important question
^ bas not been
' terest be obtained, but can a larger
j oan be secured. This tendency and
desire to get into debt has been ir
re sistible and it has been useless to
a dvise and caution. You might as
we n te i| t h e ducks flying north that
j was going to be cold and that they
; were go ing in the wrong direction,
Y ou might as well warn flies to keep
| from st i c ky flypaper as to try to keep
some people from plunging into debt,
when they once get started, they arc
as badly off as the fly which once
becomes entangled every time he
moves he loses a leg or a wing. For
tunately these meetings to stabilize
j t be price of wheat at which the or
igi na tors have proclaimed the north
west was busted, has ruined the farm
lower rate of in
can a
at
loan business, insurance companies,
savings banks as well as widows have
lost their appetite for farm mort
and the flow of money has
gages
ceased.
We are like an automobile stuck in
the mud.
Some can;
some won't,
into the mud hole but proceeded with
caution, are going on about as usual.
Disastrous Speculation
We have got to get out.
some can't. Some will;
Those who did not run
Every upward or bull movement in
farm lands or the wheat market
or
in city property which arouses and
interests speculation, is always fol
lowed with the wrecks which
it
It is doubtful whether one
rho speculate
causes.
out of fifty of those w
in land for the rise escaped with a
THREE FRAGRANT FRENCH NARCISSUS BULBS
—WITH EACH PURCHASE OF—
Day Dream Face Powder
50c
Cox-Poetter Drug Co.
"Prescriptions a Specialty
99
Phone 128
10 E. Main
ch>chmHChsohîh!h><hîh>o<hîh3h>o<hîhïoochch><h>o<h>i>chïch>ch3h>oh>ohch>&ochchshchch3i
Decorated
Wedding Rings
The plain band wedding ring of pure gold, in wide or
narrow style, has been the custom for many years. But
customs change, and there is no good reason why the wed
ding ring should not be ornate.
Fashion and custom now approve the decorated wed
ding ring, in both gold and platinum.
These new styles are shown at Pease's in several hand
carved designs. Prices range from—
$10.00 to $35.00
Tiffany and English shapes in plain band wedding
rings—
$7.50 to $10.00
H. A . Pease & Co.
JEWELERS AND OPTOMETRISTS
G W. Main Street
The Hallmark Store
CH><HKrtHKH>e CKKKH51
New Spring Styles
in Yard Goods
Just Opened Up
Wool Dress Goods
—Satin Poiret, Epingle. Wool Crepe, Serges, Tricotine, etc. ;
42 to 50 inches wide; and guaranteed pure wool. $2.25, $2.39,
$2.75, and up to $3.75 per yd.
o
D
0
o
New Blouses and Dress Suits
—Foulards, Crepe de Leen, plain and colored Pongee, Crene
de Chine, Canton, etc., in both plain and printed. $1.98. $2.25
to $4.50 per yd.
g
o
3
I New Nainsooks and Lace Weave Lingerie Fabrics
49c, 59c and 69c yd
Snappy and Crisp Ginghams
35c, 50c, and 59c each
—32 inches wide, in either domestic or imported qualities.
French Silk Finish White Poplin 69c Yd
—Yard wide, beautiful permanent silk finish, 69c per yd.
Gennine Miracle Voile
Forty inches wide in plain colors ; for dresses, blouses and
of the finest underwear fabrics to be found. 48c and
one
59c per yd.
McCALL PATTERN SERVICE IS A WONDERFUL
SERVICE FOR THE WOMAN WHO SEWS
McCall Magazine, 10c
McCall's Needlework Quarterly, 25c
Hollingsworth's
■>
OOOOOOOOOO-OC-OO-OOQr
lK^0 , OOO0<HKHKHCrtrtKHC4O<HCHCHCHCHCHj<HCH><«H>
vK
In the early stages some
profit.
made a profit and their success al
ways invited additional deals, and in
the final outcome they were caught
with land which they did not want
and for which thev could not com for
*
tably pay.
this immediate section, but in every
section where there has been activity
in speculation.
This is not only true in

There is a distressingly large num
her of bankers, business and profes
sional men who bought land which
' they did not want, cannot till and do
(Continued on page 11.)
*J£HÎHCHlH>CH>OCHÎHÎH>CH3-CH0O1^0-OO<H>CHCKHCH3-CH>CH>OCHCHI>HCH&Û-0-CH5-CK0-OOOOHCh0-&O

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