The Holbrook news., September 24, 1920, Image 2

About The Holbrook news. (Holbrook, Navajo County [Ariz.]) 1909-1923

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
THE HOLBROOK NEWS. SEPTEMBER. 24, 1920
THE HOLBROOK NEWS
Published Every Friday By
EARL T. LYON, Editor and Proprietor
op
:!fn
A Check Presented
nL this bank Í3 ro promptly
pud that the reputation of
its miksr cannot fail to
stand high in busiruFS cir
cles. An account herp is an
asset to a business man or
woman. We shall be glad
to have you open or e.
Entered at the postoffice at Holbrook, May 14, 1909, as second-class matter.
Subscription Rates One year $2.00,
six months $1.25, three months 75c.
After Sept. 1, 1920, $3.00 per year.
Advertising Rates 25c per column
inch per insertion. Readers 10a
per line. Transient adv. 50c per in.
OUR STANDARD Right, Truth, Justice in all our dealings with the public;
political, social and industrial; a sense of responsibility to our constitu
ency and loyalty to the interests of Holbrook and Navajo couny.
THE SCARCITY OF CAPITAL
.M , h ; '
a í
i
, The credit situation al
over the world snows signs
of the increasing pressure
for money. The Bank of
England discount rate was
raised from 6 to 7 per cent,
the Bank of France from 5 to
6, the Bank of Sweden rate
6 to 7, the Bank of Finland
from 7 to 8, the Bombay rate
from 7 to 9. The Bank of
Japan has been at 8 per cent
since last Movember.
With production limited,
due to short hours, lowered
labor efficiency, and with the
people trying to buy more
goods than there are in ex
istence, and seeking in des
peration to make credit take
the place of capital in pro
duction, there is great pres
sure in the banks for accom
modations. They have been
doing their best to stem the
tide and hold this nation on
an even keel. The rise in
bank rates presents an effort
to check the further inflation
of creeit. -
The age old law of work
or starve will eventually
bnnsr the world up with a
sharp jerk.
THOSE .WHO HOWL LOUDEST
Advocates of the "One
Big Union", Non-Partisans
and radical union labor are
three elements of society
which are always mouthing
and passing resolutions de
manding "free speech" and
"freedom of the press".
The trouble seems to be
that those who are always
howling for "freedom of the
press" want f eedom for their
own newspapers and class
organs, but will not tolerate
other newspapers and pubh
cations exercising freedom
of opinion and thought.
The growing sentiment
against radical labor organi
zations and their demands
for the closed shop is the di
rect result of the abuse of
power by radical agitators
who favor class control and
domination of the individual
by a small group of auto
cratic leaders.
INDUSTRY ALONE CAN
CREATE WEALTH
In opinion of a banker who
has closely studied the eeo
nomic situation there is no
cause for concern in the pre
sent outlook.
"The fundamental prin
ciples of economics are being
entirely overlooked by many
business men and even bank
ers," he says. ."Capital is
kept in existence from year
to year, not by preservation
but by perpetual reproduc
tion. Those who consume
it in normal times are em
ployed meanwhile in pro
ducing more.
"But the past, six years
have not been normal times,
and consumers have not,
in many instances, been pro
ducers. Millions have been
consuming without produc
ing economic wealth. On
the contrary, actual destruc
tion of wealth has been the
result of efforts of the lead
ing governments during the
years of war.
"Thercis nothing extra
ordinary in the present situ
ation We are in the posi
tion of a man who has taken
a long -and expensive vaca
tion and has consumed all
his earnings. 'Such a man
does not call in an economist
or a banker to discover what
ails him. He simply goes to
work. He has no choice.
He can't loaf any longer.
"Neither governments nor
laws can create wealth. In
dustry alone can do that and
because industry alone can
do It, we need have no fear
of asevere slump in busi
ness." The country at large is
begining to realize this fact
and unconsciously produc
tion per individual is increas
ing because we are return
ing to normal basis where
real service or merit will be
required to hold a job or sel
goods. Fictitious values are
beginning to drop by the
way side just as will drop
inferior products and the
lazy and incompetent work
man.
Our war time taxation
system which in peace time
is an absolute discourage
ment to industrial undertak
ings, should be changed at
the earliest possible date in
order to encourage industries
of all kinds which furnish
employment to labor and
maintain the prosperity of
the nation.
REBUILDING OUR RAILROADS
m
It is going to take time,
brains and money to bring
the railroad system up to
the needs of our country.
Political speeches howling
for more wages, government
operation or employes' own
ership will not do it.
It is the biggest iob in our
country today working up
of the transportation mdus
try to the point where It can
carry its load as it should be
carried.
It must be carried without
strain and bad management
and cusswords,. and with
plenty ot engines and cars
where they are needed, mov
ed swiftly to where they
ought to be.
Experts generally have
agreed on these three funda
mental facts:
1. -That industry in the
United States has outgrown
the whole system of rail
transportation.
2. That steps must be
taken at once to increase the
working capacity of the
whole system.
3. That development to
an actual 100 per cent effi
ciency for present and future
demands is going to take
time years, maybe, and bil
lions of dollars new capital.
A "FAMILY PROBLEM",
The oil and gasoline situa
tion is virtually a "family
problem in the U. S. De
mand is world wide and has
been increasing faster than
production.
As a result prices have ad
vanced for crude oil and
greater incentive is held out
for increased drilling and
discovery of new fields. We
now see a world wide move
ment to produce oil. In
creased amounts of gasoline
are being taken from the
crude oil which is being uti-
ízed to a greater extent than
ever before. Oil shale rock
is just coming in for de
velopment under present
stimulus of high prices.
The incentive of a high
price is the only way to in
terest prospectors to seek
new fields and develop old
ones.
Demand automatically fix
es prices and increases sup
plies. Supplies after once
obtained regulate prices and
no man made laws can per
manently change the work
ing of the old law of supply
and demand--we have just
seen this proved in the re--
cent sugar situation.
Church of
Jesus Christ
Day Saints. -
of Latter
Services every Sunday at Chapel.
Sunday School 10:30 o'clock a. m.
Preaching: services 2:00 o'clock p. m.
Mutual Improvement Association
meets 7:30 p'clock p, m. A cordial
invitation and welcome Is extended
to everyone. No collections
LmJ-Ii mwWMriB Tnw t i , mu mm
' Ceriain'teed Roofing
Mff tWyyy Costs Less to Lay
íg L ía &(s 1 You V.-51 appreciate the low cost Riid conve- j
' í f I íi v . niencs laying Certain-teed Roofing.
MSS:W-t :'-'A I Skilled libor is not required to lay it properly.
hKr'' éÚ II You save much of the expanse of hiring trained
y is ffifpf?; -iú J&VQ II workmen and avoid delay3 because of a scarcity
'f mmñk I of such men.
: (SSI) SsS
SAFETY
DÍ?03iT COXES ! O RZ'AV
IP -1 xf-i i
a t ra h r
But this is only one of the Certain-teed econo
mies. It also costs less to buy and less to
maintain than any other type of good roofing.
In addition, Certain-teed roofing is weather
proof, fire-retarding and spark-proof. It Í3
guaranteed for five, ten or fifteen years, ac
cording to weight. Experience proves that it
usually outlasts its guarantee by years of satis
factory service.
Sea your dealer about Certain-teed Roofing.
If he can't fill your entire order from stock, he
can get what you want quickly from a nearby
Certain-teed distributing center.
Certain-teed Products Corporation
General Office, Saint Louis
Gffic9 cui4 WorehotDos in Principal Citiaa
CI N IK I
Ü 1
'
CO
CONTRACTORS AND BUILDERS
We have a nice line of all kinds of
B u i 1 d i n
a'terial
gSRTAINT? Or OffftSSEy ASSD G'UAiLñüTZ SsSISFAClSCH- CSjSTAIN-TEED
CERTAIN-TEEU PRODUCTS, For Sale By
BABBITT BROS., Holbrook, Ariz.
DOWN, BUT NEVER OUT
C. . C. G.
If you've got a mind that you're down and beaten,
Lose it, and rise to your feet:
True worth is reached at the cost of winning
Tne daily strifes we meet.
Fight on with a will that knows no quitting
Alone the cowards bears rout:
The brave heart fall, aye, over and over,.
But never to be called out!
Plain give and take is the law of living.
And for every knock you get,
Come back with a swing that carries with it -
The punch of a seasoned "vet .
Forget the wrong, but the good it taught you
. riant deep in your inmost heart:
You will err again, but at last'thru error
You 11 win to a better part.
We gain the truth thru erring daily,
. And the measure of worth we earn
Comes not thru never making a blunder,
Jtsut the lessons we therebv learn.
You may stumble and fall, and your scars be legion
King marks of a hard-fought bout-
Go down, you must, but return as surely,
Jbor a good man never goes out!
If you slip and fall, and lose yuor winnings,
uet up, and try again:
There is no disgrace in making a blunder,
But to lose your nerve is a sin.
Cover your falls with a fresh beginning
-Ignore the trifliner flout:
You may be down, with your back to the wall,
But a good man never goes out!
Gas 37c
This is the place to bring1 your Auto
or Truck for Repairs or Access
ories to get the best seryice possible
at reasonable price?.
Phone 87
Paquin Garage
South Side of River
SUMMONS
In the Superior Court of the State of Arizona,
n and for Navajo county.
Wm. R. Scorse. Plaintiff Vs. Pedro Montano,
his executors, administrators, assigns, succes
sors in interest. State of Arizona, Town of Hol
brook, John Doe and Richard Roe, thfir succes
sors and assigns Defendants.
Action brought in the superior court of the
state of Arizona, in and for the coun ty of Navajo,
and the complaint filed in said county of Navajo,
in the office of the clork of said superior court.
In th name of the Ktatfl of Arizona, to Pedro
Montano, his executors, administrators, assigns,
successors in interest, John Doe and Richard Roe,
their successors and assigns. DelTendants, Greet
intr:
You are hereby summoned and required to ap
pear in an action brought against you )y th ?
above named plaintiff in t he supeiior court of th.3
state of Arizona, in and for the county of Navajo,
and answer the Complaint therein fiL-d with the
clerk of this saii court, atHolbrouk, in said coun
ty, within twenty days after the service upon you
of this summons, if served in this said county, or
in all other cases within thirty days th'reaf tr,
the times abuve mentioned beinpr exclusive of the
day of service, or judgment by default will be
taken ajrainst you.
Given under my hand and the seal of the super
ior court of the stats of Arizona, in and for the
county of Navajo, this ICth day of Sept.
(Seal) Lloyd C. Henninir,
Sept-17-4c. Clerk of said superior court.
By Olive Clark, Deputy
How aboat that new house? Let us lisura with you.
Our prices are riht and we guarantee quick delivery.
Holbrook Drug Company
The Busy Corner
FRUITS, CANDÍS, ICS CitE.VÜ, SDDA WATER, TOBACCO
CIGARS, N3TI0NS, PERIODICALS AND STATIONERY.
FULL LINE OF- REX ALL REMEDIES
Special Attention Given to Mail Orders
Holbrook Drug Co. Holbrook, Arizona
s
I
The Next Boom
Oil and Gas Leases on Patented
Land. Located Right and
the Prices are íliírht
Write
B.H.GIBBS
H C.GIBBS
PHONE lOll
PO. BOX bza
GIBBS &GIBBSTAWYERS
PHYSICIANS BUILDING
PHOENIX.ARIZ.
PRACTICE BEFORE ALL COURTS
SPECIALIZE STATE & FEDERÁL LANDS
IT
w
And let him tell you about the Holbrocl
entfiaii
Field
3 rhene 157
HAP OF HOLBROOK OIL FIELD
SeridSlarors
Kclbrook, Arizona
P. O. Cox 2G
JUST RECEIVED LAS
Í3Ú
HP
O? S
Á tlii
ING GOODS
H.
The Old ReliabI
HOLBROOK.
General
S E
Merchant.
ARIZONA
W. B. CROSS
Local Representative for
WLNSlOar UNDERTAKING CO.
Complete Line of Caskets on hand
PHONE 20. HOLSROOX.'ARIZ.
(H A Vil Ti W Ti
IS
Now is the time to havs jrour Tires
and Tubes Repaired. We also put
on Gites-Half Solea. Our Prices
are Right and all work I.Iast Stand
the Test.
NC,
H. G. STILES
Vulcanizing Works
IIQLBROOX, ARIZONA
m
m
H. B. WHARTON
CARPENTER AND BUILDER
Plans and Estimates
Cheerfully Furnished
Phone 65, Room 11, Wetzler BIdg., Holbrook
"Oil Weli" Quality Everything
for Oil and Gas Wells Any
Size Any Depth Anywhere
Am
.VI 111 H2J riLlt
Warehouse With
MAraiMi?
FORGE
a Complete
Stock
North Main and Alameda Sts., Los Angeles, California
: . ' ..
H. B. FREDERICK, Local Representative, Hotel Iblhro
I