The Frontier
D. H. Cronin, Editor and Proprietor
Entered at the Postofficc at O’Neill.
Nebraska, as Second Class Matter.
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POLITICIANS INTERESTED IN
PAPER SW ITCH
(Continued from page 1.)
thus preventing the name of Nor
man Thomas from going on the
Nebraska ballot as socialist candi
date for president. Mr. Thomas
who addressed the meeting, said
his socialist friends in this state
would attempt to get his name on
the ballot as an independent can
didate by organizing a petition
campaign.
Nebraska republicans are plan
ning to make a day of it next Thurs- j
day, July 23, when notification cer-'
emonies for Governor Alf Landon
are held at Topeka. A number of.
Nebraskans are planning to visit j
the Kansas shrine that day, going
by special train.
The threat of new taxes and es-«
pecially of a general sales tax ap-1
parently put the damper on the
proposed constitutional amendment
to prohibit use of gasoline tax
funds for any other purpose than|
highway construction and mainten
ance. Approximately (50,000 sig
natures were needed but only about
two-thirds of the necessary names
could be obtained on the petitions.
This was the second initiative
proposal to fall by the wayside
this year. The Nebraska Anti
Saloon league recently abandoned
a petition drive for a vote in No
vember on prohibiting sale of li
quor by the drink.
However, Nebraskans are cer
tain of having the opportunity to
vote on two proposed constitutional
amendments this fall. Both were
submitted by the 1935 legislature.
One proposes to abolish the state
land commissioner as an elective
officer, but even is this amendment
carries it is likely that the incumb
ent, Leo Swanson wijl be legally
able to hold on to the office for the
1 remainder of his present term.
The second proposal that will be
J voted on would repeal the double
' liability of state bank stockholders
The Nebraska State Bankers asso
ciation is making plans to get out
and campaign for adoption of this
constitutional amendment.
Nebraska’s governmental •finan
ces are in the limelight again,
j chiefly due to the fact that the
| state closed its books this month
I for the fiscal year with a balance of
{$20,621,930 in cash and invest
; ments. The total balance with
{various federal allotments taken
into consideration was $21,621,930.
It is intresting to note that the
total of direct taxes levied for Ne
braska nnd subdivisions in $44,000,
000, compared with $08,000,000 in
1927 und $40,000,000 in 1934. The
total of direct and indirect taxes
in Nebraska stands at $87,000,000.
Our sister state, Kansas, has re
ceived considerable publicity of late
for economy of its state govern
ment under Governor London. The
records make Nebraska look very
good in comparison, however.
Nebraska has no bonded debt or
outstanding warrants. Kansas
has a bonded debt of $19,000,000
and an over-all levy of.74 mill to
meet maturing bonds and interest
on bonded debt. Kansas has a state
income tax, u cigaret tax and a
tonnage tax, which are not found
in Nebraska. The average levy in
a Kansas subdivision is 24 mills—
in Nebraska less than 20 mills.
Kansas pays annually in auto
license fees $3,500,000—Nebraska
pays $1,900,000. These figures do
not imply that Kansas has not a
relatively economical state govern
ment. It has, but state govern
ment in Nebraska is more econo
mical.
Soutl\ Dakota has a bonded debt
of $40,000,000, requiring$3,500,
000 a year for interest and bond
retirement. South Dakota will be
in the red on its present debt until
1951.
Iowa has a sales tax, income tax,
inheritance tax, etc., and a large
bonded indebtedness. Ten million
dollars in general property taxes
were replaced by raising $15,000,
000 in new taxes. Now the gen
eral property tax has gone back to
the old figure and in addition local
levies as a rult have been increased.
Colorado nnd Wyoming have sales
taxes. The deduction is that Ne
braska is a prtty good place to live
where state finances are concerned
at least.
The increased cash account bal
ance in the Nebraska treasury this
fiscal year over last was due to im
proved puyment of taxes and to
reduced appropriations for several
Charter No. 6770 Reserve District No. 10
REPORT OF THE CONDITION OF
The O’Neill National Bank
of O’Neill, in the State of Nebraska, at the close of business on
June 30, 1936.
i' i
Published in response to calF made by Comptroller of Currency, under
Section f»21 lt U. S. Revised Statutes.
Kf ASSETS
Loans and discounts ZlOE. r . $ 87,645.54
Overdrafts.. 68.29
United States Government obligations, direct
and-or fully guaranteed . 198,641.00
Other bonds, stocks, and securities 87,552.46
Banking house, $3,06040. Furniture and
fixtures, $1,52040 4,570.00
Real estate owned other than banking house 1.00
Reserve with Federal Reserve Bank $102,079.48
Cash, balances with other hanks,
and cash items fn process of collection 206,879.52 308,958.95
Other assets 1,038.65
Total Assets ..... $688,375.89
LIABILITIES
Demand deposits of individuals, partnerships,
and corporations __ $283,174.37
Time deposits of individuals, partnerships,
and corporations . 114,788.93
State, county and municipal deposits 125,023.75
United States Government and postal
savings deposits 953.85
Deposits of other banks, including certified and
cashiers’ checks outstanding.... 29,756.32
Total of above five items:
(a) Secured by pledge of loans
and-or investments $ 40,577.61
(b) Not secured by pledge of loans
and-or investment* 513,119.61
»
(c) Total Deposits $553,697.22
Capital Account:
Common stock, 500 shares, par $100
per share _. 50,000.00
Surplus - 50,000.00
Undivided profits—net - 34.678.67 134,678.67
Total Liabilities $688,376.89
MEMORANDUM: Loans and Investments Pledged to Secure Liabilities
United States Government obligations, direct
and-or fully guaranteed $ 46,000.00
Total Pledged (excluding rediscounts) $ 46,000.00
Pledged:
Against public funds of states, counties, school districts
or other subdivisions or municipalities 46,000.00
Total Pledged ._ >». $ 46,000.00
State of Nebraska, County of Holt, 4s:
I, S. J. Weekes, President of the above-named bank, do solemnly
swear that the above statement is true to the best of my knowledge
and belief. . , • 'S. J. WEEKES. President.
Sworn to and subscribed before me this 6th day of June 1936.
[Seal] MARJORIE DICKSON, Notary Public.
My Commission expiree Jjunfe f, 4941.
Correct—Attest: Emma Dickinson Waekes, E. F. Qolnn, F. N.
Cronin, Directors. i, HI •} j4' ' /
f «> « * ’ '
(This bank carries no indebtedness of officers or stock holders.)
MEMBER FEDERAL DEPdsfr INSURANCE'CORPORATION
state activities, according to Dep
uty State Treasurer H. J. Murphy.
Farmer.- especially were better
able to pay current as well as de
linquent taxes last year than the
previous annum because of in
creased market prices.
Figures compiled by Tax Com
missioner Smith indicate an in
crease of at least $35,000,000 in the
grand assessment roll of the state
this year as compared with 1935.
Judging by the 51 counties that
have already filed returns, the total
will be in the neighborhood of $2,
100,000,000.
This evidence of progress being
made toward recovery in Nebraska
includes gain in both tangible and
intangible property, Mr. Smith
said. The former, including real
estate and personal goods, is about
1.7 per cent up; the later, about
0 per cent.
Itailrodas as a group, which are
separately assessed, have been
raised, to $148,286,095 from last
year’s figures of $145,736,862. The
Union Pacific accounted for $2,
836,867 of this increase.
Motor vehicles are responsible
for $5,001,748 of the $13,445,768
increase in the 51 counties report
ing. The percentage gain in this
division is 38.
The grand assessment roll of
$2,030,243,533 last year marked
Nebraska for all time. This year
the low point of property values in
in 1934, but during the boom per
it will be back up to where it was
iod from 1925 to 1929 the aggre
gate was in excess of three billions.
The State House Ween in Re
view: The official audit of the
state liquor commission’s books
shows total revenue from all sour
ces during the year just passed
was $1,605,696. Expenses of the
commission were $162,739.
Invalidation of the 1935 tax liqi
dation law' by the supreme court
lowered the batting average of the
two legislative sessions last year.
This was the second delinquent-tax
forgiving bill passed by the legis
lature and both have been killed
along with seven other laws of
1935 vintage. A tenth law that
was questioned is now pending in
supreme court, an eleventh was
killed by a lower court and a
twelfth is pending in district court.
EMMET ITEMS
Howard and Dewey Newton left
for Chambers Sunday, where they
will be employed.
Miss Margaret Cuddy spent Sun
day at her home in O’Neill.
Orville Banks had the misfortune
getting quite badly bruised when
a car slipped off the jack onto his
feet.
Guy Cole made a business trip
to Atkinson Wednesday.
Jim O’Connor has opened his
beer parlor for business.
Mr. and Mrs. Alex McConnell
and Peggy and Mr. and Mrs. Walter
Puckett and son, James, spent Sun
day at the Harry Little home in
Wausa, Nebr
Following is a report of the sale
of livestock at the Atkinson Live
stock Market on Tuesday, June 14:
Heavy receipts of pigs and con
tinued dry weather forced a further
decline in hog prices. Pigs were
most affected selling in a range of
6.16 to 7.50 a hundred. Thin sows
sold from 6.00 to 6.66 a hundred,
while good packing sows brought
from 6.65 to 7.15. Medium weight
butchers brought from 8.65 to 0.05,
while the best top butchers sold in
a range of 9.15 to 9.30.
The • cattle market carried a
somewhat better tone than last
week, especially all butcher cows,
fat heifers, canners and cutters.
Little or no change in stoeker
cattle. Best fat cows sold at 3.75
to 4.60 while 3.25 to 3.65 bought
most of the cutters, with canners
bringing from 2.66 to 3.15. Milk
cows from $36 to 45,00 a head,
stock steers and heifers from 4.00
to 5.35 a hundred. A fairly good
demand for horses, with prices
steady to somewhat higher than a
week ago.
AS I SEE IT!
Well, the republican and demo
cratic conventions are over at last.
Not much accomplished except they
just nominated a couple of fellows
for president. The republicans
built a real platform, while the
democrats decided to do away
with theirs. It was all torn up
anyway. London was the unani
mous choice of the republicans, so
the democrats thought it a good
idea to nominate their candidate
in the same way. You can’t out
do the democrats, no sir, they are
good at borrowing other people’s
ideas.
* Sincerely
An Observer.
Mrs. H. J., Birmingham and
children and her father, C. E. Stout
■ left last Monday for Chicago where
they will spend a couple of weeks
^siting relatives and friends.
SOUTHWEST BREEZES
By Romaine Saunders
A new radio has been installed
at the Riley home
Mrs. Coolidge was a guest of
Mrs. Fryrear Monday.
The ultra wets are still much
concerned over the forgotten boot
legger.
Lillian Coolidge helped with the
cooking at the Young ranch during
threshing Monday.
Mrs. William Carpenter and
daughter Wanda are guests at the
Elliott Carpenter home.
An additional 300 head of South
Dakota cattle have been received
at Mike McCarthy’s.
Two light showers the past week
here in the southwest. That hot
sun doesn’t let it last long.
M. S. Young of Dresdan, Kan.,
brought In 44 head of cattle for
pasture at his son’s, the E. E.
Young place.
About the only thing the non
partisan ballot ha> accomplished
is to have made a lot of political
side steppers.
__r_ •
Holt county has seen nothing
yet. One province in China re
ports five million of its inhabitants
have perished from famine.
The southwest has nearly enough
hay left over to sustain the stock
intrests here. This years’ crop will
be available for needs elsewhere.
If the democrats nor the G. 0. P.
haven't what you want, there is
the socialists, prohibitionists and
union party in the field with plat
forms and presidential candidates.
r •
The southwest is not interested
in splitting hairs as to whether the
government issues the currency
direct or through the banks. Just
give us plenty of it.
Partisan prejudice is not con
fined to adherents of political par
ties. With a frenzy worthy of a
better cause disciples of a Nebras
kan that has outlived his useful
ness are having his name go on
the ballot by petition.
Simultaneous with the statement
of the cost of a nfbdern airship—
over $100,000—conies the announ
cement that the Model T, in a
somewhat modified type, is coming
back and will sell for $250. I’d
be interested in the latter.
Raymond Bly, a resident of Swan
precinct, is employed on the high
way construction out of Amelia.
Handling four on a fresno is not
a picnic at 108 in the shade. You
furnish your own shade by means
of a big hat when working on the
highway. ^ ^ ,
With unliminted funds with
which to carry on federal aigl state
experimenters do a lot of things
that are not only Impractical but
prohibitory on the individual farm.
The southwest for years has taken
care of “soil erosion” by letting
it alone. By this method not many
seasons pass until the “eroded”
spot is grassed over.
Our esteemed friend J. A. R.
has expressed himself in print
again in large measure. Perhaps
somewhat dull of perception, I do
not get the full drift of this last
onslaught; yet it is clear a tender
spot was touched in my brief ref
erence to the mother of six walking
nine miles a day and laboring
under the dictation of a New Deal
sub chief. It is enough to have
made the pigs at J. A. R.’s blush.
To allay any disturbance of his
mental tranquility and sense of
justice a foreign subject is intro
duced. He is grieved at heart that
two capable young i-epublicans—
husband and wife—are doing some
thing worthwhile to ease the credit
situation among stock growers and
farmers in Holt county, through
the medium of a corporation that
is not beholden to any political
faction. John’s reference to his
hog returns during war time prices
when common laborers were re
ceiving $7 a day is amusing. But
no reference is made to Mr. Wil
son's large loans tn -Eui’opean gov
ernments that have not and prob
ably will not be paid. Perhaps it
is well he has made his stake on
hogs. Weaned pigs were being
offered the other day for a
dollar. Maybe 50 cents by today.
Our concern may well transcend
the price of farm animals under
this president or that president.
Shall we survive as a free people
or surrender the heritage of our
fathers bought at the price of
blood and tears?
PRESBYTERIAN CHURCH
Junior Sunday school 9:00.
Senior and primary Sunday
school 10:00.
Morning worship 11:00.
Evening service 8:00. This will
he a union service. Special music
is being prepared for all of the
-services. We urge all to be pres
ent Sunday because the summer
vacation begins with the following
Sunday.
H. D. Johnson, Pastor.
MEEK AND VICINITY
Leone and Leroy Spindler and
Elverton Hayden were guests at
the Herbert Rouse home near In
man on Sunday.
The Old Settler’s Picnic meeting
was held Saturday evening at the
Meek store. The picnic will be
held August 18 in the grove on the
Clarence Simonson place, where it
has been held for the past several
years.
Mrs. Charles Griffith and daugh
ter, Opal Jean, have been visiting
at the Frank Griffith home the past
week.
Those who Spent Thursday even
ing at the Frank Griffith home
were Bill Fosburg and Hdlen
Spindler, of O’Neill; Mrs. Charles
Griffith, of North Platte; Mrs. R.
D. Spindler, Leone and Leroy;
Mable and Lucille Jones; Walter
Devall and Elverton Hayden.
Ralph Rausch is recovering from
an attack of appedicitis. He is
staying at the home of his sister,
Mrs. William Hubby.
Mrs. C. E. Griffith and daughter,
of North Platte and Mrs Frank
Griffith and Cecil, were guests of
Miss Maude Rouse on Monday.
Mr. and Mrs. Will Langan and
children were Sunday visitors at
the home of Mrs. E. H. Rouse.
Mrs. Charles Griffith and Opal
and Mrs. Frank Griffith and Cecil,
were supper guests at the Elmer
Devall home.
Some from here enjoyed a fish
ing trip to the Niobrara river a
few nights ago. The water had
been shut off at the dam and sev
eral large catfish were easily
caught.
Funeral services were held at
Spencer for Hans Storjohann on
Montay. Mr. Storjohann formerly
lived in Holt county but had lived
at Spencer for several years
where he was engaged in the gen
eral mercantile business. He leaves
many friends and relatives to
mourn his passing.
SPECIALS
July 17 - July 24
COFFE
Super Vacuum, I lb car
CORN FLAKES 4
Large package JLVv
ICE TEA HO/*
Glass tumbler
CLEANSER «
Lighthouse, 3 cans JlwV
KLENIT
Pumice Soap. You can
clean from 600 to 800
pairs of greasy hands
with each pound, only «
45c. Small size_ _
OLEOMARGARINE mm
2 pounds
Try a pound of our Star
SALAMI, pound
BALOG N A « mt _
Pound JL«9w
J. P. PR0TIV1NSKY
The
Modern Shop
I will open the Mod
ern Beauty Shop in
the old Nebr. State
Bank Building, ent
erance on Fourth St.
Sat., July 18
I have equipped the
shop with new and
modern up-to-date
equipment, and will
be pleased to receive
a share of your pat
ronage.
ELMA EVANS
Phone 162W
I
The O’Neill Food Center
Bowen’s Ben Franklin et?1 Store
COYNE’S HARDWARE
A. SAUNTO, Shoes & Clothing
9
OFFER YOU EXTRA SPENDING
MONEY THIS WEEK. Here is how
you get it. With every $5 order of
groceries you purchase at the O’NEILL
FOOD CENTER you will receive a
cash token to be traded for merchan
dise at any of the above mentioned
stores. Snap this offer up, folks!
You’ll make money by trading at the
O’Neill Food Center
This offer starts Friday,
July 17, through Sat., 18
Those holding 843795 and 843966 call at our store. Only one
• basket to a person
People Are
Going Places Again
Easterners are going West by the trainload
for a vacation in the mountains.
9
Westerners will flock to the East, to the
seashore; to the sky-blue lakes and to the
woods and waters from Michigan to Maine ^
-- the Peekskills, the Catskills, Adirondacks,
Niagra, Atlantic City, Washington -- to the
historic shrines and the bright lights of the
big cities.
.... 6 / / .'lli if* • V * n. r',
Special round trip fares almost everywhere. No surcharge to pay
anywhere. Travel costs ’way down; rail transportation greatly im
proved. All principal trains are air conditioned.
. - : K / > ,r. r ; ' ■ r .
:
This is a Travel Year
• •• !
Join the carefree crowds ... treat yourself
and your family to a vacation this summer
N FORMATION
JESERVATON8 L. E. DOWNEY, Ticket Agent
I ICiKLTS
JULY
* -i
Clearance
Sale!
» . "
! < ’■! : *
Drastic reductions on Summer Dresses
now on, and to continue until stock is
reduced sufficient to make room
for new fall line
Regular $7.95 now ••• $5.75
All $5.75 lines now Ml $3.75
$2.95 values now ...$1.95
$1.95 values now ••• $1.49
Hats Below Cost
CALL EARLY. HELP US TO HELP YOU
Griffen Smart Shoppe
