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Newspaper
Ione Independant
Location
Ione, Oregon, United States of America
Date
Sep 05, 1930
Page
4
Quote attributed to Alexander Hamilton describing how deep study and persistent effort shape genius. He says true genius comes from constant focus on a subject, with day and night attention, turning thought and labor into its fruit.
A long satirical letter from California comments on heat and drought, politics, and society. It mocks Coolidge era history, Trumpets environmental and economic woes, notes rising golf course culture in Los Angeles, and questions federal policy with humor. The author references Hoover, the Republican party, and economic strain during hard times.
Wester Lane cared for Independent Warehouse as manager R Jackson attended Pendleton Round Up. George and Mrs. McMillan visited from Cherryville. Dallas Ward heads to Minneapolis for his third year as John Marshall High School athletic coach with Wilma Leach. Clark Jackson of Salem travels to Pendleton. Ralph Jackson is his brother. Mrs. Earl Eskelson and daughter return from Sem. Connor family visit Grand View, Washington. Well Ward departs Corvallis for banking duties. Ola Ward accompanies to Portland. Glen and Mrs Gale visit relatives. Gale senior comes from Portland to Lexington. Rufus Pieper upgrades Meadow Brook Farm on Keppne Highway under Clark Davis. Lexington forms Big Parade in Heppner. locals shop ahead of Labor Day. Runners harvest then go to Pendleton Round-Up: Geo White, Ed Cummings, Arville Cutsforth, Archie Nichols, Gus McMillen and others. James Ritchie with family visits Broadley home. Miss Alice Palmer Class of 25 to run Morgan School, using Ferguson Motor Company Chevrolet Coupe. Continued on last Pg.
AABA commission report evaluates rapid changes in the banking sector noting 269 group or chain systems controlling 1922 banks with 15.3 trillion in assets. It surveys views of government officials, bankers, and the House Banking Committee on trade area branch banking vs group and unit banks, and outlines potential future shifts toward broader branch networks.
A Detroit News excerpt notes the Great Orator advising a secretary drafting a speech to label an opponent's argument as insincere if a flaw cannot be found. The remark highlights rhetorical strategy in political discourse.
A fragmented note discusses changing the Russian alphabet to remove letters not in use. It mentions a cartoon caption and the word "Tatteket" as an example of the change. The text reflects interest in a revised orthography and its implications.
Weather data lists 23 clear days and 4 partly cloudy days in August, with total precipitation 0.21 inches and 6.67 inches since September 17. A brief note records monsoon winds from the west and cites 12500 Federal and 11000 Confederate casualties at Antietam, noting it as a bloody Civil War battle with the single deadliest day.
In the fifteen years since its establishment in 1914 the twelve regional Federal Reserve Banks report aggregate net earnings of 516,216,000. Of this total 90,672,000 was paid as dividends to member banks at 6 percent annually on their capital, 277,1434,000 added to the banks’ surplus, and 147,110,000 turned over to the Federal Government.
President John G. Lonsdale of the American Bankers Association argues for widespread adoption of analysis and research, likening it to a microscope for business. He praises the role of economic research in revealing causes of declines and failures and urges elimination of guesswork to achieve success.
The American Bankers Association conducts continual investigations of banking sectors and disseminates findings to its 20,000 members. President Lonsdale notes widespread banker cooperation, with research guiding regulation, practices, and industry strength. The ABA also runs the American Institute of Banking educating 45,000 students.
A Denver speaker at the American Institute of Banking described a marked expansion in the institute’s curriculum since 1918. He noted courses have grown from three to ten with additional subjects planned, including bank operation and organization and bank management.
A fragmented excerpt compares gradual business evolution to an hour hand and rapid change to a moving second hand. It suggests slow change is steady while quick shifts are alarming and hard to follow. The quoted text attributes the view to Hecht.
The Willows Grange and Pomonn Grange at Rhea Creek announce a same day October 4 play Aunt Jerusha on the War Path and Carnival in North Morrow County. Initiation for 1st degree on September 1 and 4th degree on September 27. all 2nd degree members invited to both meetings.
Several families and individuals are noted as returning home after harvest work or travel. John Cochran resumes law duties after time in Yakima for medical care for Mrs. Cochran. The Bryson and OConnor groups picnicked at the Columbia River, and Laven and Linn families vacation in Madras and discuss teaching duties in Siletz Oregon. The community also mentions travelers passing through Portland, Hood River, and Pendleton with Round Up plans and trips to Yellowstone.
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