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About The Choteau Montanan (Choteau, Mont.) 1913-1925 | View This Issue
The Choteau Montanan (Choteau, Mont.), 05 Dec. 1924, located at <http://montananewspapers.org/lccn/sn85053031/1924-12-05/ed-1/seq-1/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.
í-‘,sr,v •V ' *• r ' '>c : • <573^« 5 ’ V~r, . “' • : -, _ ' - . • • .'•,/>- ■ ?\ v ? '•srvier' .#*J&kti¿3k?MMzEÉK v ^ l f t - : - 4 i.. ■• o7;;cy'-- :-:«.;V'“.¿ • '--' -,rt> siS K - -‘~vy:ry.-\ V O L U M E X I I U H O T E A U , T E T O N C O U N T ^ ,MONTANA\ D E C E M B E R 5, 1924-y.. >^; A / * S ' *' ■'■••<•' .', ' tJ Ä J» '-, , > *js s .,.v' * v v ; ^ ì , r ‘ ‘ 'V -v -• , -....; ■.. ■.<•*,^ m m È È i IBf^ljlSM^M^131^M5EiSJÍ?.^JPI¡úWtí3n3fi3li3lí3^n0[i3[3tí3n3|?3fi3Wtnl[iiir¡3ffiltñlfñllñl(ñ]|iíinillffll<ü<fflWlBlin. ' W H Y . B A N K S ? . . ' . LESSON :X II By J. H. PUELICHER, Chairman Public Education Commission, American Bankers 1 Association What is a Trust Company ? Technically defined it is a bank t h a t' [| 'specializes in investment' and fiduciary services in addition to §| general banking services.- Humanly speaking, it is what its name ■<- implies—a-place of trust: INVESTMENT—lending money for income or>j profit to business and governments tc- “carry on.” Such, lending is often done through the purchase by investors of Konds selected by a bank or a trust com5- pahy as safe and desirable. FIDUCIARY—held in trust and confidence. For example, a trustee holds a man’s estate for the benefit of his widow or chil- \ dren, cares for it faithfully, invests it prudently and uses it for-their welfare in accordance with his wishes. • . TRUST COMPANIES are able to fulfill these functions because of their • experience in investments, because of their trained officers, and because of their continuous existence while an individual often knows nothing of investments, usually ¡¡j , lacks experience and training, and may die during the life of the ¿] trust. la ! ! H i S 1 3 J S I 5 E I S l S J Q i 2 1 3 S i S l S 1 3 ® / S J S J c ! l J. H. Pueticher BACK TO NORMAL In no period since the war has greater progress in the return to nor mal business conditions been made by industry, commerce and finance than during the past, year. This, re establishment of normal conditions has been brought about by the work ing—of purely economic influences. These influences and this result com pletely refute the arguments and pre tensions of opportunist politicians and radical demagogues who have sought to bring about readjustment by po litical measures. These measures were aimed to give gratuitous advan tages to the special interests and classes -which the proposers assumed to represent, to the detriment of the genera] good. The- virtual disappearance, by nat- • ural economic -processes, of the 'ab normalities that have persisted, as the long drawn out aftermath of the war, has\ removed whatever justification their \presence seemed jto^fglye rfor; , govemmëntâl ' paternalism and for special measures • of • relief for- par ticularly-distressed classes. At- best these measures,were,merely sedatives for psychological conditions and not real remedies for economic -condi tions. To that extent they served a purpose, but there is no further public good that they can serve. With normal conditions once more ,es-, tablished it should be the resolute determination of all business men to resist any further effort at political interference with economic processes. The tira 8 is at band for a thorough going return to a free play of private enterprise and private initiative under unhampered competitive conditions. Government influence and political in terference in respect to business should be reduced to an absolute minimum. We as bankers ask no special privileges for ourselves. Equally we are opposed to special privileges for other groups at' the expense of the general welfare. _ The experience of the past few years ha? .been one of the greatest demonstra tions in 'history of the validity of the view that the community interests of a people are best served by the maxi-/ mum. degree,; of -private- enterpris e and private' initiative •lyith-the ' minimum of government regulation.—Declara tion of the American Bankers Asso-, elation. t ing would be necessary Until March, wnich means the treasury will be able to meet maturities including $407,- 000,000 of certificates of indebtedness 1 $25,000,000 in savings certificates, land $118,000,000 in circulation bonds ‘¡of 1925, due February 2, from the (proceeds of the present sale of bonds W IL L COMPRISE LONG TIM E SE- together with the tax receipts of De- C U R ITIÈS DRAWINfa FOUR PER C E N T IN T E R E S T ■ cember 15. While the offering announced is for $ 200 , 000 , 000 , the treasury plans to Washington, Dec. 2.—After financ- allot additional bonds of the new is- \-.M Ä’ • * *■ * .j ** » mm •* •S« - •K •* «*• •* * * * * * * •k * 3 + •* «* •k •k •k •k •k •k •k •k .•k •k •k :*k + •k •k .. •k'- .«k *k . •k •k - •k •k •k •k •k . •k •k *k •k •* •k •k •k •k • g £ •k •k •k •k- •k 4 < •k: *k *k ❖ *k ' 4 * •k •k 4 * «k 4 « 4 * 4 < •k •k •k •k •k. •k 4 *\ jk- 4 «.- ^xtjh '^ c íin o i ^uitliovmXXK ipurfittbet: 5 , T 924 ’ ' I * OPENING CHORUS—Gentleriien be Seated JoEes b^-End^Men- SONG—rlloney Can't -You Hear Me ,,CaIling__:..'.Mr. ■ Trescott \ ’ ' j- . • - Jokes by* End Men • SONG—Steppin’ A round ___ i .............. ....................H. Wyi»j)er __ A. K. Dalbey . Jokes' byl End Men SONG—Bake Dat Chicken Piet .......... ...... • 1 _ ' ' ’ Jokes by:-End Men N ’ . ’ ' ' ) SONG—Plant a Watermei;-‘o*i ?My Grave, and Let .. The Juice Soak Thrbugh ; ...... . ....... .-.W. H. Gregory - • \ . Jokes by] End Men' SONcA-The Big Bass. Viol ------- .‘I ----- ..Harry Price a Jokes by. End Men SONG—I Lost A Wonderful Pal, When I Lost You _____ ^__ ________ _________ Robt.' Clarkson Jokes, by End Men SONG—Garry-Me Back to Old Virginia ...... . ... Mr. Bloomdahl Jokes, by End Men -SONG—Doodle Doo Doo ....... 4- ........ 1 - ........ - .... L. 10. Taylor 4 ... . . in t e r m is s io n ' Music By Pridiiani’s Orchestra PART I! MONOLOGUE AND SONG—1£- I Was What 1 - Ain't Instead-of Wh'at I Is ------------- Mr. Wypper YODEL1NG SONG— -Mr. Trescott INTRODUCING MOST. BEAUTIFUL GIRL . ‘ IN COMMUNITY MONOLOGUE— .B. O. Price QUARTETTE—Old MacDougal/ Has A Farm Gregory, Clarkson, Carver, Price SOLO AND CHORUS—Old Blqck Joe ------------ ----- —J. Hall 'TRIO—Roll Them Bones .... ..... L ___ Clarkson, Wypper, Price * 4* •k *k 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * *u 4 * <k 4 * 4 * 4 * 4 * 4 * t »*• + 4* 4* * 4* •î* ❖ t .-, V 4 * 4 » .<• 4 * 4 * 4 * •k 4 * 4 * *k 4 * 4 » 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 * 4 *' ( m ' - -r1i0ií - 'J * :rî ' : Â ï M l On Salé By téMmittÊ '.ŸiT.-;-« m QUARTETTE—Way Down Yondgr'In The. Cornfield. \t 4 * ± ,s _ ___ ■ -?-V- ' - . <k ' CHORUS—Kentucky Babe ^ ^ ... V'*,. f T O •„St „ Congressman Lèavitt Js«a -membeç, andwas based o:n- thé ’ report* of Sëc- fact ' flndiùg^commis- ,retary Work’s sion. . * , w f* 1 Continued Jin the deficiency appro- '.priation bill \is-- a new reclamation law which provides for repayment by -• - ; r-\i , s 1 * • * • « . . ’ A ' ,..V; t Emphasizing* the responsibility of g0 Qn until every child -reolizes,tft%,; the school in Hie health of the child, j importance of health and observe* Dr. Thomas D. Wood of Columbia j the simple niles to maintain it'. > , * University states ,that ‘‘Health- sfiould j Seals cost a penny each. Be sure t*~ have a place in the life of the school'buy your pliare before December 2JK. child, and educr. ion in the matter ofi Buy And Use Christmas-Seals - health should prjtide for a minimum! That, a large part of the- striking; t consciousness of the child regarding j decline in the dc.-li rate from tuber- liis own physical condition,,while the cnlosis during the past twenty year* external and ir.ionrsonal . value of lean be credited to the organized canor;. health should be t mphasized. Health ;paign which liar: been carried bn dur- education should lie closely correlat- ing this period i j . the statement of. ‘ ed with and liav.e application to oilier Dr: Louis I. Di.:.lm, a recognized sfc*-: school subject^, but., systematic for-' thority.. on stat.-.lcs. . - •• 1 , mal instruction in physiology a n d j “It ' i s fortuna c,’ said Dr. Dublin^- anatomy is practically useless, as the | “that the camp.vgn against tuberca?. children seldom understand its value | tosis on the pre '.mive side has beem . and it is inclined to create self-con-|oi th© widest petsible range and has-' sciousness. The fundemental prob- emphasized' the importance of'persoifc- , lem is one of hnb.^ formation. | a .1 hygiene is the. cornerstone: These are the principles of the of preventive uu,... rulosis work. Th*' modern health 1 . asade which has curative side of the movement shoultf been generally promoted througtout ^-e crec^^e^ Wi^1 restoration ta f1,Q , . . . health of h u n u i k i ' of thousands ot-- persons all over the world ana form the basis of .he health program, through lhe acti l k / - o i tlie tubw W : compiled by a special committee.Yof j ^ sjs agenCies r. chain^of community ’ the Washington Educational ass^ia5' afetense consisUr.g .¡of'' public h e a lt a ' tlon now being Lcnerally -adopt^di^by nu^ e?; nt ^ itals and sanitort*,, county^ s u p e r i n t e : ^ j £ n . t ? , \ a s A r . ttas^bemr-’ 'fOrgefi','Trliose effectivbn'edn plhe sefliool curriplm. 5 \ *4 * l cannot h 'e ^ t t ^ u e d l ^kbugh much, naa been accomplishr. As concrete evidence ‘of this,\ tfeii* ed, thousands ol school children-are.'ncr .^nly has' bch t nV backslidin^Vta.' yet underweight rad special crusade- the tuberculosis ' ath rate for twenty nutrition 'Classes in which the ideals'years,.but during that period.th*. ta$mr of health are exalted and the simple has been- cut ’ in half, being 97 per practices of right living emphasized, , 100,000 populal' :• in 1923 as 1 Compaq are being ' provided throughout the ‘ ed\ with 195 per 100,000 in 1900. At this rate of decline and 'witlxQut state by the Montana Tube.culosis association. ^ dhminilion of effort .from the org&fe This work is made possible .-hrouh ¡zed forces figliting'^tfre disease, the water userà-on- a 1 an<l production ba- S ^ a t a a «3 of r™“ be reduced to 50 per sis. It is held ' to he faVórable to 0hrl3lmas “eals; Tha W « * -iust, 100.000 by 1930. both the settler and' the government. ■ ■ ■ 1 -■ ----- - ~- Tvz:—~ ■- ■ - because of its allowing contracts ALLOTMENTS ¡ 0.1 ^\DTANA irrigation Rxt'’d 0C\ * 11P ’ l,e1’ ctIlt £ross e a I R R I G A T I . . PROJECTS ¡average over a 10 year period. Pro-j Washing'..n D. C. Dec. 2.—The in Montana highway ' and projects which in an, important way Vjgion aj g0 ig ma(je f0r an economic “THE G U I L T Y ONE” COMINa ‘‘The Guilty One,” a Paramount picture, featuring Agnes Ayres, come* . , department supply bill, as ¡r- tie mto the states deveiopmen p - gtudy. different projects for applica- ported to the. house Taifertay, innud- <0 the ^ oyal Theatre next Sunday, ing its requirements for more than sue to the extent that 3rd Liber- t i r ™ d T S tes A ^ a n d cerUflcateTo' ^ <• a Pl«uriratiou o< . h . tions, the heasury has turned to an ■ . . . . ms at Washington, D. C Tuesday wks stxoag]y urged by President w .t -.uu imgation prow ls c. a li.-.v U gii ¡mate success oi the same nam«. e senate s approval of a-bill Coolidge> ¡$985,000. The allotments cinm » o ' a4 ' 4„ ^ finally authorizing $300,000 for the The §300>00o for the Glacier Park Sun River, $611,000; Huntley. *$ps. i H ^ ^ ** t a ^ road through Giacier Park and the road ig part of the first of the seven 000; Milk River, $76,000; Lower Yel- usual ,ine ot thrills,-comedy touche*, introduction of the annual interior aud 0 ue 4 iaIf million authorized at the lowstone-North Dakota ¡Sidney pro- pothos, ec. Joseph Henabery direot- issue of bonds to obtain cash to meet|edness are tendered in payment. The mat-.u-ing indebtedness and carry the’third liberty’s mature September 15, government through the next three J192S, and the notes and certificates months. • imature March 15, next. Provision Announcement was made Tuesday | also is made for acceptance of certif- nislit that an isshe of 20. to 30 year j Rates of indebtedness due DecemDer four p e r ' cent bonds will be offered 13, in payment f°r . the new bonds but December 15, in an amount of $ 200 ,-¡these will be regarded as cash receip- 600,000. The new securities, the first its within, the $200,000,000. long-time obligations put on the mar ket by the treasury since October, 1022, will mature December 15, 1954, Photograph's, the ideal Christmas present. Order them now to insure but the. right preserved.to call them j delivery on time. Emerick’s'Studio' for retirement bn ard after .December 15, J.9M, cn notice of fur months. .' ¿b announcing the new lssu$, Sec-1 Christmas 'photos made at Emerick's retnry Mellon said no further - financ-Studio. department appropriation bill carry- jasj- session of congress for highway | ject) $180,000. ing $500,000 for the proposed Sun construction within the national parks _ River storage reservoir: ¡The interior department’s bill Intro-* I led the production, Edward Hums ----- :------------- - j plays opposite Miss Ayres in the. Fcrcast that the interior depart- dUCe(] Tuesday carries- $184,960 for C&11 and see the the fine line 0f , leading m a n s role. Cyril Ring, Cratfc- ment bill would recommend half a maintenance and improvement of ^amp,e Christmas cards a this of- ford Kent, Clarence Burton and Staa~ au . n ...... . . . . ... ___ fice. million dollars for the Sun River G]aeier park, as compared with $281,- reseryoir was made a - f e w days a g o ' q ^ q for tbe current year. The dif- by Congressman Leavitt after a con- terence is more than thrice made up feronce with Secretary Work, Com- ja. the deficiency ' appropriation bill mlssioner of Reclamation Elwood which went to' the président Tuesday. Now is the time to have those Mead ^ the hoùSe appropriation | ia the department’s bill, Yellowstone committee. The. congressman expres-;park iS flowed $396,000, an increase sed confidence that the appropriation j 0f $23,200 over the current year, would be approved by he director of j The Glacier park road will connect the budget and that both branchés the east and west entrances of the of congress will pass the bill as in- ! park and close the one remaining gap i / e y Taylor play in support. t&SSSBBKSaO. Statement of Condition of FIRST NATIONAL BANÌ troduced. \ v $10,000 FOR S U R V E Y > Of the $500,000 recommended for in the national park to park highway which links all the national parks in the United States. The Glacier park v / i r v a l i v i í í l j w j A t Close of Business October 10, 1924. RESOURCES Cash in vault and '. in other banks ------ - 120,603.64 U. S. Liberty Loan Bonds 55,831.97 County warrants> real estate, e t c . ___ :. ------- 31,832.84 \Loans and ’discounts _ 150,095.77 LIA B ILITIES Deposits ...... --------- Surplus and undivided profits -------------- Capital stock - 296,694.00 - 11,670.22 50.000.00 $358,364.22 $358,364.22 j storage reservoir, $ 10,000 would. be project has been under way for two devoted to the survey and $490,000 j or three years, units having been to actual construction. The program buiJt on both the east and west ends, for the reservoir calls', for a.total out-;The Roosevelt Pass road, skirting the lay of $3,000,000 of which the remain- j eastern boundary of Glacier park, ing $2,500,000 would be forthcoming stands with the trans-park highway in ¡through congressional appropriations J public estimation as he most import- during 1926 and 1927. The site f o r i a a t in America now under constnic- the reservoir is at the confluence of tion. Beaver Creek and Sun River, in S u n - -------------- - ---- ‘ River canyon, and the improvement j S O L D I E R B O N U S B I L L IS will irrigate nearly 50.0Q.0 acres on, DEFEATED IN THIS STATEi the Cun River project in addition 'to j ----------- - \\ th£*t now under the ditch. , Th» soldier bonus referendum war. •The deficiency appropriation bill, J defeated by 1,569 according to the carryine the budget- for the Glacier ___ . . , , , . , . . . . tabulation of county totals cornple- park road, was passed by the lower , m , *. 1 , . , . . od Tuesday afternoon by the stato house on the last day of the last 3 session and came before the senate Ci~8vassing board in session at th‘ .Tuesday. The bill went to President capital. The vote was: For, 66,245, Coolidge for his 'signature Tuesday against, 67,818. This will not be of- aftemootf. -The bi]l was proposed by ficial until a complete check of the the reclamation committee,' of which \ounty returns is-made. * - •' i A Noble Ambition # The ambition of this institution is to jus tify the confiednee of its customers, to be' trusted because of its good judgment, its faithful observance of duty and its financial responsibility. Conferences, with the officers of this bank are cheerfully given to those who desire seasoned and well-reasoned advice. j Citizens State Bank CHOTEAU, MONTANA Capital, Surplus and Paofits over $65,000.00