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E
/ PAG TWO
The tone Tree Reporter
ONE TREE, IOWA
$1.50 a Year In Advance
Entered at the Lone Tree Post Office as Second Class
Matter
Official Paper in Johnson County
E. C. GREEN, Publisher.
INSURED DEPOSITS
The news that both of Lone Tree's banks have been ap-
proved for the new government deposit instrrmlce will be wel-
come to eye,Tone in the community as indicating that both
institutions are ill excellent conditiun at the present time, as
indicated by the certificates of approval sent them by the
government.
The new federal insurauce on bank deposits in approved
institutions opens a new era of security for the bank depositor.
Under the new arrangement, net deposits up to $2,500 for the
individual are guaranteed by the Federal Deposit Insurance
Corporation, to which all participating banks contribute.
Similar plans have been tried before in individual states, with
varying- degrees of success, but never before on such a nation-
wide scale, :ith the federal government behind the plan.
There is no question but that a considerable portion of
the American public had lost much of their confidence in banks
as a place to deposit their surplus farads, and for this the pub-
lic can hardly be blamed, although it is questionable whether
the loss in banks was much greater than it would have been
had the same money been put in other types of investmeut.
Be this as it may, there is little question tlmt within the past
year or so much money has been hoarded or otherwise with-
drawn from its normal channels of circulation, with an addi-
tional depressing effect on an economic sittmtion that was
already bad enough.
This situation the new deposit guaranty shouId correct
to a large extent. There can now be no incentive for the
fearful to hoard currency and other forms of money, tIz the
guaranty of the federal govermnent protecting the bank de-
positor, This money should come out of its hiding places
soon and do its part in restoring business and credit activity,
th beneficial effects to everyone. The ldtimafe effects of
the new plan should be great.
What Other Papers 1
Have To Say
?In all probability the rank and file
of Iowa farmers will join in the corn
hog program of forcing a reduction
of acreage and the control of market-
able swine. It's a great idea and
small boy. Now we lve learned y
can fix a processing tax on pork but
you can't make the 4.c.ker pay.
A BRIGHTER 1934 AHEAD
Sac Sun: The .Sac San honestly-b
liewes that for the first: time in several.
years we cam approach New Year's
Day with a feeling of confidence that
the coming year will be better thaR
I the one jtlst closing.
! Furthermore, this Republican news-
should be supported unreservedly, paper is willing to ,co-cede that the
Government is trying to help agricul-
ture, but it needs cooperationS, 0 fun€- brighter prospec:, are due almost
entirely to the gradual unfolding of
ion. Lrhe farmer will be coflelled tte Nw Deal as it: is now beitg egr-.
to ue his head on land conservation, iris d forward by President Roosevelt.
7He can take an,y pece of ground about I Not until recent months has Iowa
he farm out of product%n, so he best :retired any material ;impovemmt.
attempt to build up the poorast part This brighter day- dawned with the
of his hldngs. There is ground ;naug:n'at!on of the program of ag-
where an erosion program is advisable icultural aid which is now being
Corn land needs to be put to legumes. [ l:ushed with all: pebble speed and
In other words this is a great oppor- ,Ior.
tunity to make a better farm and he
paid while d:,ng it. Le'. us hope a%o, Tim effects of this program are
itmt out of this cooperative move just beginning to percolate into th
thre ..v;ll rise Ul; farmers as lesder chnItels of trade. Christmas business
who wtl sonsor workable assoca- was no= benefitted by the corn loans
lions which will reflect beneXs to all es much as one might think. Some-
members. It can be done--the idea body seems to have picked the week
it, -ill it be done?Winfield Beacon cr two before Christmas as a 0ime for
I a new tow market on hogs, poultry avd
ADAGE VEHIFIED i eggs. That certainly was depressing
to the farmer and the farm wife. It
Primghar Bell: "You can lead a rcsff, lted in a little more cautious
horse to water but you can't make him Christmas buying than would hav
drtvk," was taltght us when we were a been the case had the price of the
LONE TREE REPORTER, LONE TREE, IOW
THURSDAY,
All-American 1, title and Interest of the above
n named Defendant, i ad to O,e abov
Front Page Eleven ,o, the sum of Forty-five
Now that it seems to be the sea-"
son to pick All-America, football el-
evens, why not have an All-American
front page eleven?
Lindbergh, end--Foremost wingm
of the country, especially good in an
aerial game.
Sally Rand. end Hard to srt, can
outstrip anyole offensively.
'hnull, tackle--A powerf]zl pD.yer,
supported the entire Chicago Grand
Opera for a year, wasn't stopped by
the whole Atlantic coast.
W'ill Rogers. tackle%ith WfII ill
bhere as tackle, what a line, what a
Ene.
John Barleycorn, gUd StarLl
the seacon slow. but had the oppcai-
tion grrgy as the seasom ended. Watcl
trim next year, he'll havff them stag--
gering.
Hitler, guardSmall but mighty,
riddled" the Jewish defense 'd threw
them [or great Iosses, held the Hind-
enburg line.
Roossevelt. cap.In and cener ,
JANUARY 4, 1J
montns In l'-t tey eeta D
out all coin from eirculati
bearing the phrase "sub
shinplaster," were issued
dearth of currency, by 1
important produ, ct,s been more s,rc-
factory.
But the most encourag, n :eataze
of 1934 is the attitude of" the admi:t-
mtration toward agTicultur. "If We
cannot raise prices one way, we shaR
do it another, but do it.we will," said-
The PreSident. A different currenc£
may have a great deal to do with it..
If there is any way proslrity can
be rtured to the rural districts,, it
will be done. And who is there to:
ay that it is impossible to find the
soluttm of this problem?
Not only the farmers, but the lab-
orers and the business and profes-
sional men certaizfly should get their
shae of these better times i 1934.
Certainly no one has been ht harder
In recent years than the country mer-
chant. Today he is still more or less
"in the dumps" because relief thru
corn loans, etc.. is going to be a IIXie
slower reaching him than it wll be
the farmer to whom it is given direct.
t-,e the country merch.d
and lawyer and banker and newspaper
man are hopeful and confident th
1934 wilt be a brighter year than azlY
since 192.
13een, passing them back accurately
al) .sason, exceptionally busy plug-
ging holes in the line on defense.
New Deal. quarter--His first sea-
son of play. but the talk of tbe enUre
country. Very, very tricky, keeping
his teammates as well as opposition
guessing on what to expect next.
Huey Lo:g, half--Not so good on
the defense, but has no equal offen-
sively. We put him in at the left half,
but it might be btter if he were left
off.
Johnscn. half--A hard fighting
scrappy player, stopped only by Ford.
He will also do the kicDing, he has
bee booting them pretty consistent-
ly.
AI Capons. full back--Played his
best game in Chicago where he side-
stepped the Chicago poIce force for
mny good gains and is PlaYing a
very cagey game fn Atlanta, Georgia,
af present.
W..eather Y0recast would have re-
ceived a plac on the [eam if he had-
n't 5een so static at imes.
SH ER,LFF'S SALE
The State of Iowa, Johnson Coumty
IN, THE DISTRICT COURT O1F
JOHNSON COUNTY, IOWA
I.OTk TOWNSLEY,
Plaintiff.,
V
EDGAR- JOHNSTON,
Defendant
By virtu of n FecttEon on Cen
feion to mm directecl, issued out of
the office of" the Clerk of the District
Comrt of Johnson CoUmty, Iowa, in
favwr of Leottt Tovenle and against
Edgr Johnston o a judgment ren-
dere by said" court at the November
Term thereof..L D., 1933. against the
said" P, dgar JohnSon I hae levied the
following property, to-wit: The undiv-
ided r4142 of th following described
real etate tuael in J0hnon County,
Iowa, l-wit: The South Half (S)
of the-Southeast Quarter (E) of
Section Twentyefght (25), except
commenng at t4ie southeast corner-
of said South Half f Southeast Quar-
ter, :umIng thence North sixteen
(16) rod, thence West ten (I0) rods,
thence S-otrth sxteetr (16) rods, thence
East teu" fI0) rods tel place offbegtnn-
ing; also the South Half (S½} of the
Changing eondions tn rural news- Southwest Quarter (fW]) of-Section
papering, makes the publisher wan-Twentv.seve n #27- all in Townnhin'
der son, times where e is going. Al] Seventy.seven " (7'7) North, Range
sources @£ income have dmnishe4
" " o '. ' ]Five (5), West of the Fifth P. 1W.
and n rune case entre2y dmappear- h v
, ] T, e ungivided on se enth of the
eded. The society,, lodge and churcj followin described real estat - situ-
while not contril>uting directly toward4 ated n ofmson County, Iowa, to-wit:
newslytpe' icome, have m the pat- I The North' One-half (,N') of Cvern-
granted the newspaper wtu a por o ;
, ment Lot Four (4} in, Section Thii'ty-
of their prnMn and made up par
tially fo. the expense of publishing"
their news itemr. Merchants' adveP
tising was large" enough to take up
space in' the paper mad saved sett:
as much news matter and features
[s today-,necess*rry. Unlike any other
buiness, the rural press must in¢est
in stocr every [onday mor'n,ing. The
J*
merchundme is perfghabIe and wha
is not sold a complete tos. This
loss mt be made up the next wee;
or sooner or later there is decided
trouble on hand, In an effort to eel-
serve, patrons of rural newspapers
and their pmnting departments have
cut certain expe4ftures off the list
bi mbliefty goes on just the same.
How these organizations figure the
home mper cn exist on news items.
,ivfng nothing in retu is something
for a governmental investigafittg
committee to ferret out. Speaking in
eneraJites and this applies to all
rural r.wspapers coming to our desl
--communities have tortured their
hom papers unmercifulIy the past
year. tm withholding support. Still ex-
pecting them to print the news, adver-
tise civic social and m(mey-mking
oe (31). Township Seventy-seven
(77) North, Range FIVe (5) West of
the Fifth F. M.
NOW" THV.REFORtg, PUBLl NO-
TICE IS HEREBY GIVEN that on the
Ith day of January 1934. at ttie hour
of TVJO OCLOCK. P: M., of said dv
at the PRO,'NT DOOR OF THE COURT ]
IOUSE, IN IOWA (UTY. i said
County of Johnson I will offer sell
at PUBL AUCTION:. to the - liighest ii
and best "6idder. FOI CAS'H nil tlie ,J
described property, or so much there-
of as is necessary to satisfy said
Hundred ($4500.00) DOLLARS and
no CENTS, together with interest,
costs, and all accratng costs unless
he same be sooner satisfied.
DON McCOMAS
Sheriff of Johnson County. Iowa
Dated December 18th, 1933
1-4-11 GEO. J. BALLUFF, Deputy
Country Was Overloaded
With Hard Timea Tokens
The crisis of 1837 created an acute
sIortage of coins of all kinds. Copper
pleees of many varieties appeared, is-
sued by individuals and by corpora-
tion And marry were Issued for ad-
vertisement purposes, or for political
propeganda, the mJority of the po-
lltlcal coins exemplifying the spirit
of scurrilous and bitter imrtisanship
of the tlme of Andrew Jackson. Even
a butto factory In Waterbury. Conn..
issued many thousands, an@ the vol-
ume In ]gaitlmore rtched such pro-
portions that federal' officer took
steps to prosecute private coiners un-
der the provisions of t Ibng-forgotte
law of May 8, 1792.
These eens were known ss "hard
times toker" The country was over-
hlmt fLt, fhorn, mr fel" st few
state banks over which tl
ment had no controL
The date November. 1837,
on the coin was that of a d
held In New York on the
seventh of that month by r
tives of leading banks in
to
fix a date for resumption
payment. These represents'-
again April 16, 1838, and. 1
resume payment in specie
L
May following, which waS
fully accomplished after
sion of exactly one year.
.............
The Code of Hammurapl
mulgated by the Babylonl
that time (2067 to 2025 B. V
use of the countries thro
IX
Babylonian empire. The
graved on a block of b
nearly eight feet high, and
ered in 1901 and 1902 broke
pieces. There are 65 laws €
verse and about 40 defaced
tom. The reverse contains
code begins with witchcrl
connects it with the relig]
passes through all grades oU
domestic life. ending with |
officlal wages for all classeS
mere It also deals with m
actions and the laws of pro
CLEARANCE
SALE
of
ELECTRIC
APPLIANCES00'
In checking over our merchandise we
find that ,we are overstocked ou a
number of popular appliances. In
order to redtrce our stock we are off-
ering discounts on all overstocked
items. This is your opportunity to
buy the app]iance you want at a
saving.
I
lOW00&00"lC
i vrovosttions and upholding the best
interests of banks, bus'ness and gee-
• .rnment, Ruural newspapeds have
Phone 6146 R, J. ]SChll], Manager taken it cm the chin without squawk-
ing. They were glad to helP. Bu.t
l Baschnagei & Son now, a little riioeity is In order
and the beginning of 1934 should be a
good time to start showing some ap-
II II prectaticn for the columns md col-
umns of "free" stuff printed, No
REALTORS newspaper man is golm.g to shout hi
troubles to the .housetop. but in his
Real Estate Loans and Insurance we say, "Dont rlde a good
horse to death"you might need his
services sometme.--Wfield Beacon.
OFFICE OF THE IOWA CITY NATIONAL PAY YOUR TAXES
Marshalltown Times-Republican:
FARM LOAN ASSOCIATION JUSt beeatuse delinquent tax sales may
(Organ|zed Under the Federal Land Bank of Omaha) be postponed isn't a sound reason why
those ho can pay should postpone
R. J. BASCHNAGEL, Secretary-Treasurer paymemt. Postponement is for those
who can't. The debt's due Just the
SEE US FOR LOANS UNDER FEDERAL same despite the days of grace.
EMERGENCY FARM MOITGAGE ACT SEARING FRUIT
Columbus Gazette: The steady per-
sistent campaig for monetary Infla-
FEDERAL FARM LOANS FARM COMMISSIONER'S Lion is evidently bearing fruit. The
LOANS Iowa house of representatives m ses-
On First Mortgagn On Second Mortgages n at Des Mones Voted 81 yes to
Long Term Long Term 16 no last week in favor of monetary
inflaEon and favored the compulspry
Interest 4a% Interest 6% tse of silver as well as gold reserve
Limit $50,000,00 One Person Limit $5,000.00 One Person back of United States motes.
i
CALL AT OFFICE FOR DETAILS
If your subscription is due,
217 Johnson Ccanty Bank Bldg. Iowa City, Iowa Please Pay It.
i immmlm i
' 'S
. BREMER
' GREAT00T JANUARY
CLE00kRANC E
l00g'ins To00norrow, Friday, Jan,
8:30 A. M.
i
Tremendous Savings In Every Department
GRE, T VALUES IN
SUITS OVERCOAT
$16 $21.95 $
VALUES TO $25.00 VALUES TO $30.00 VALUES TO
Come and share the hundreds of bargains---
The savings are all yours.
BREMER
Iowa City's Best Store For Men
'S