Newspaper Page Text
w w \ "'Vs 1 IS à i ¥ THE OAKLEY $5 VOL 14 OAKLEY, CASSIA COUNTY, IDAHO, FRIDAY, FEB. 17, 1911. NUMBER 52 Weeter Lumber Co., Ltd. OF OAKLEY Yard* at the Following Towns _ Hagerinan Hansen Milner Murtaugb Tv in Falls Pocatello Blackfoot Gooding Burley Kimberly Buhl American Falls McCammon Richfield Jerome Filer Shoshone Wendell To Everybody Who is in Need of Any Kind of Building Materials: We are not intending to put a yard in your town, for we already have one of the best equipped yards in Cassia Coun ty. Don't forget that your money buys as much here as any place else. A look ver our stock will convince you of its e uperiority. Yours for a business year. \yeeter Lumber Co. Oakley, Ida. Telephone 6 * COMPANY'S ' sJ. j ic Wa JuxiMr/mtiid llfjfeh '^ ULâ /nc ^ M f ■ (iitiii! if M I li! \ I MM 1 I ( <=a_4 K j ,.> iHUUP"' r ■im> W' ft p y III If IW Tumbling ou\ jo-iiees on ^u\nitu\e will 4ay a lot to you 'tiÿht now-. money talkb loud in thib bto\e. Sa\<fainb in ledb and Seddin<f 5 eahftefo and \u<fi>. bjilendid lody S>io64el& at §1 ujy joe>i ya\d^ in leautijul new de^i^nb. ^ 1 bjyeeial bale at%^.^^ujy \ee ou\ th\ee \oom outffiU eomjolete at why not ube you\ ebedit? iVb good at the lief ^to\e w-itfv the little jpkieeb. Suy now. jyay a little now and then. The D. P, Thomas Furniture Co., Oakley. H. W. THOMPSON Oakley Baggage and Transfer First-Class Service Guaranteed, LEAVE ORDERS AT OAKLEY HARDWARE • Oakley, Idaho E. V. GORRINGE Successor to Gorringe & Read. Oakley Harness and Saddlery, Whips, Spurs, Blankets, Tents, Wagon Covers. . . . First-class Workmanship and Material Guaranteed. < AnjiVvot <n the Harness Line manufactured to order. Repairing done od the Shortest Possible Notice. Old harness traded in for new goods. Oakley, Idaho Those 300 Per Cent Divi ' dends. (Boise Statesman,) It is high time the interstate commerce commission got busy on the express companies. The commission has devoted it» én ergie» to hectoring the railroads. Now every time a big strike threatens, and the engineers, firemen, conductors, trainmen or machinists serve notice that they will walk out unless they get a quick raise, the railroads come into court and show that if they give this raise they will have to proportionately raise freight rates in order to meet the extrs cut to their employes. Of course, the trainmen get their raise every time, because the railroads can't afford to suffer a complete tie-up and allow the country's business to b» ruined b y stopping transportation everywhere. When the railroads start to raise their rate» to meet this added cost of employ ment the commission troths at the mouth. * Every reasonable man con cedes that the railroad rate problem is a deep one, nnd that the railroads as well as the ship pers have their »ide and their rights. But, what about these robber express companies? Leaving diatribe asid», let us just take a few significant fig ures: They prove that the ex press companies,which are mere ly railroad "side shows," aie a thousand times worse than the railroads. The truth is the rail roads do the work but the ex press companies get most of the graft, 'and are guilty of worse robberies of the public. The Adams express company was paying 8 per cent dividends on practically $11,000,000 capi talization in 1890. Its >&ctual investment, by its own books, was less than $1,000,000. It really paid dividends amounting to about 8 per cent per annum on its actual investment. Be sides that, it was accumulating a surplus. That surplus amount ing to $12,000,000 in 1890, was distributed to its stockholders in four per cent bonds, the $12,. 000,000 being deposited ia trust to meet bond principal and in terest. At the same time, the divi dends on American Express Co. stock were reduced from 8 to 4 per cent. But as the stockhold ers had been given 4 per cent bonds, they suffered no loss. In 1904 the dividends on stock had mounted up to 10 per cent per annum. The stockholders were still drawing 4 per cent in terest on $12,000,000 of bonds. In 1907 another surplus of $24,000,000 had accumulated in the company's treasury, was also distributed a» 4 per cent bonds to stockholder» Dividends on the stock have been maintained since then at 12 per cent per annum. In the mean time, however, another surplus of $25,000,000 has accumulated. But the actual value of the com pany's property has increased only from $ i.,000,000 to $6,000, 00Ö. In surplus alone the com pany has accumulated $61,000, 000. Bssides that, it has paid, in dividends and bond interest, another makes a total of $110,000,000 in profits. This ha* been got ten out of an actual investment ever greater than $6.000,000. t is nothing short of robbery. Take Wells, Fargo and com pany. , This corporation has paid regular annual dividends of * 10 per cent on its enormously j watered capitalization. Besides ! doing that, in 1910 it paid an I extra dividend of 300 per'cent. Just try to remember that divi dend—300 per cent!, Other express companies have been equally successful in rob bing the public. Express com panies, like railroad companies, street car companies, telephone companies and water companies are strictly "public service'' cor porations. No "public service" corpora tion should be permitted to rob the public, taking profits far in excess of value of service Some facetious cynic once ob served that there are three rea sons why there is no parcels post system in the United States—the This $50,000,000. This If W^'s-Farg 0 , American and United States Express compan ies. There art many reason» why the express companies should be brought to an accounting. There are many people in this country who demand reliet. [And the way to get relief i» for every newspaper, great and small, to devote a part of its space, each issue, in demanding it, until public opinion is aroused to such an extent that those having the power of relief dare not refuse it.—E d.] Legalized Robbery. It is an evident fact that in those states which fight the in itiative and referendum the will of the majority of the people does not rule,as was intended in the drafting of the American constitution. But they shall rule, though now shackled and blinded and perverted by preju dice and plutocracy to their own It mav not be in the . ,, , „ f° rc * could become ideally sys tematjzed. God grant that the injury. writer's time that the change will come; it will not come by change in the basic principle of either et the old parties, for their basic principle is greed and sel fishness; it will not come by so cialistn as now equipped, for it is not systematized to meet im mediate emergency. If socialism prevailed in this country at the next presidential and state elec tions it would be centuries be change may not come by anar chy, as France's did, and as Russia's will. Read the Boise Statesman's able showing up of the express-robbery situation, in another column, and figure, it you can, the extent of the vol cano over which this country slumbers. It looks a. lot as though the legislation looking to a higher postal rate on magazines was a come-back for some of the arti cles touching topics of public in terest which many of the maga zines handled without gloves recently. Come in and Talk it Over Most of the get-rich-quick schemes are especially arranged for the benefit of the other fel low. He shows you great divi dends (on paper) and refers pity ingly to those shortsighted peo ple who put their money in sav ings banks where it only draws 4 per cent interest. Before you allow yourself to be interested better come in and talk it over with us. Your interests and ours are identical, your prosper, ity means ours, we cannot afford to advise you wrong. The get rich-quick fellow has no interest in you save to get your money and to this end he makes the scheme very alluring and promi ses things impossible to perform. Your money in this bank is safe, absolutely sate, and before you withdraw it to invest in any thing, you ehould take every possible precaution against loss. Let us talk it over with you first, then you can do as you please. We pay 4 per cent on savings deposits and compound the in terest quarterly. Farmers Commercial & Say ing Bank, Oakley Idaho. Near Little Basin, Messrs. Beclke and Fairchild ars opening up their quarries of first class marble. Other parties are doing some extensive development work on quartz claims. Messrs. Tatro and Feder have from 600 to 800 feet of tunnelling drifting with improvement in indica tions. The Bemis Bros, and Mr. Chapman are pushing ahead. Many prospects are being repre sented here and there, and there i a a n increasing interest a 11 around.—Nugget. Last September Î^C 1 ^ to hold good until further notice: Tomatoes,Corn, Peas and Beans, 10c per can; Oysters, 10c and 20c per can; Sardines. 5c and 10 q per can; Sego Milk, 5o and 10c per can; Kingsford's Corn, and Silver Gloss, Starch, at lOc per package; Kellogg's Corn Flakes. 10c per package; Walter Baker's Chocolate, 20c. per cake. These prices have net been withdrawn. Please remember that never undersold, quality considered, and that your children can do just as well as you can. we are TERMS CASH. price's. J - - : 7 / o. -, I .T' '•Vi A W W//. Wa V r ■ m '%/m ii uji tuA it Âiùù/K', it lb " \ % //> ! '"'Vis dm m m f ä&yyz. REGRETS don't bring money back to you when it has burned up or wlien you have fooled it away. It takes WORK to do this Put your money in our bank and it can't burn up, aud you won't fool it away. MAKE OUR BANK YOUR BANK. The Old Reliable, THE OAKLEY STATE BANK. The Bank with the Backing.' 44 Milner Drug Co. Milner, Idaho When in Milner make it a point to call on us. We carry a complete line of Drugs, Candies, Toilets, Etc. Sarah E. Lynch Milner, Idaho. BOARD AND LODGING Meals at all Hours Good Home Cooking RATES REASONABLE WE DEAL IN QUALITY! If you want good goods at right prices, trade with us. We handle a complete line of sta ple Groceries, Hardware, American Fence, Stoves, Ranges, Etc. Longenberger & Belmont Co. Milner, Idaho. Hotel Grinnell Milner, Idaho James Tada, Prop. Good Meals and Comfort. able Rooms Good Service and Courte ous Attention Meals at all hours.