The Matagorda County Tribune (Bay City, Tex.), Vol. 81, No. 10, Ed. 1 Friday, June 18, 1926 Page: 6 of 8
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Expressive Hands
Texas Potash
THE GOLDEN RULE IN BANKING
Before this Bank
can
industries
CITIZENS STATE BANK
OF BAY CITY, TEXAS
ever.
i
Help
We have them, if it’s Sox
■ j
est colors.
of Ladies’ Children’s and
Men’s Sox.
o
Keep
at
your
money
home.
Don’t buy from
CHANT.
N
BAY CITY BANK AND TRUST CO.
D. P. Moore Dry Goods Co
J
HI — II — II ■■ II M — IK—I ■»■!»<
■
the peddlers, but trade
with your LOCAL MER-
munity
must succeed.
prosper, com-
and individuals
DENMARK REPRESENTATIVE SPEAKS
INTERNATIONAL ROTARY CONVENTION
Hy. Rugeley,
President
BOLING FIELD IS
DISAPPOINTING TO
MANY OPERATORS
The ordinary
electing
Twice protected
style and beauty
your
help
P. R. Hamill,
Cashier
S ~7he \
HOSIERY NEWS
OF THE YEAR
IN 4 WORDS-
ROLLI MS
MPROVED DOUBLE
< RUNSTOP j
I
This Bank’s first interest is the success
and prosperity of the depositors.
Our Service is at your Service.
you want. In all the lat-
See our line
Breaking away from the one-crop
plan of farming requires more scien-
tific methods and longer seasons of
work. But it means getting farming-
on a business .basis.
This does not necessitate making
rice, corn or cotton secondary crops
or produce materially less of these,
but to build up sources of profit in
other things. Reduced acreage in the
major cash crop often may lead to
increased yields by the use of more
scientific methods.
-------o—o-----
Medical Association
Meets in Wharton
in part:
Ernest Torrence has the most ex-
pressive hands of any actor in motion
pictures, according to Raoul Walsh,
director.
The famous character actor’s abil-
ity in this line is utilized in his role
of “Tola” in “The Wanderer,” which
Raoul Walsh directed for Paramount.
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The employe who is thrifty for himself will be
thrifty for you. His good habits benefit your
business, just as his bad habits injure it.
“Torrence can convey a meaning
with the lift of a finger,” said Walsh.
“He can tell a story with a wave of*
his hand. It is not strange, there-
fore, to discover that he can sit down,
at a piano and play difficult classical
selections with the artistry of a great
musician.
The Golden Rule in Banking is the
real spirit behind bank service and co-
operation.
I i
when justice becomes expensive—it is
no longer justice.
There is evidence of a growing con-
viction, that certain principles of jus-
tice and fair dealing are applicable in
all countries the world over, and that
national legislation should more clear-
ly reflect commercial customs based
on this principle.
May I here be allowed to call at-
tention to the excellent work done by
Rotary International-Association for
Great Britain and Ireland in taking
the initiative in bringing about a joint
conference between Rotary club rep-
resentatives and the League of Na-
tions Union, which took place in Lon-
don in January of this year.
A resolution was adopted in favor
of bringing before the forthcoming
economic conference of the League of
Nations a proposal for league action
in regard to international standards
of business practice.
The proposal is “That the league
shall initiate machinery whereby the
standards of business practice obtain-
ing in the various nations of the
world shall be studied and compared,
so that everything possible may be
done towards removing such practice
as may be conducive to international
misunderstanding and ill will.”
There is no question about the fact,
that economic conflicts are the prin-
cipal causes of war. Improvement m
business ethics will therefore tend to
to prevent that explosive accumulation
' of ill feeling and national jealousy,
which, if allowed to go on long
enough, unquestionably leads to war
and destruction. It may here be
worth mentioning, that the four small
northern nations, Denmark, Norway,
Sweden and Finland .have just con-
cluded treaties under which all mat-
ter of dispute without exception are
to be settled by arbitration, and it is
hoped that settlement by war between
these counries will be ruled out for-
And just as in business life the
development is steadily towards arbi-
tration instead of litigation, so, many
believe, that in international life arbi-
tration will sooner or later replace
settlement by war.
And if one nation has a better repu-
tation for fair dealings than another
nation, is it not because the morals
and business standards of that nation
are on a higher general level?
If it is true, that to gain friends, a
man must behave as a friend, it is
equally true that if a nation wishes
to have friends it must behave as a
friend to other nations, and it is no
shame to be the first to extend the
hand of friendship.
------o—o------
More Brain Work,
Less Muscle Needed
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(Dallas News)
The finance committee of the board
of regents of the university met in
Houston the other day to consider the
matter of investing the $3,500,000
which its oil royalties have brought
to that institution, but it gave some
incidental consideration to the pros-
pective passage of Senator Shep-
pard’s bill looking to the development
of a supply of potash in this country.
The university has a double interest
in that measure. The fact that there
are potash deposits in Texas is most-
ly the discovery of the university’s bu-
reau of economic geology, and pretty
nearly all that is known as to the ex-
tent of them is the product of its in-
vestigations. It must seem likely that
if the explorations provided for by the
Sheppard bill should be made, the bu-
reau of economic geology would have
a large part in so much of the work
as would be done in Texas. But the
university has a larger concern in the
fate of that measure because of the
possibility, not to say the probability,
that potash deposits susceptible to
commercial exploitation will be found
underneath lands that are a part of
its endowment. The prospect of hav-
ing its oil revenues augmented by pot-
ash revenues ma/ well command
some consideration from the finance
committee of the board of regents.
The promise, or, to state it perhaps
better, the prediction that potash de-
posits worthy of exploitation would be
discovered in Texas has not excited
much interest among the people of
the state, though, probably as much
as did the promise made by the first
oil well drilled inside Texas. That
the prospect warrants more interest
than has been manifested is suggested
by the fact that the subject was dis-
cussed rather fully during the recent
meeting of the American Mining Con-
gress in Cincinnati. One of the min-
ing engineers attending, Dr. Henry
Mace Payne of Washington, made a
statement with respect to it which
should make the people of Texas sit
up and take notice of a prospect to-
ward which they have seemed indif-
ferent. According to Doctor Payne,
there is enough potash beneath 60,000
square miles of Texas land to free
“American agriculture of its depend-
ence on Europe for its supply of this
vital necessity.’”
Boiling field in Wharton County
continues to be a disappointment, as
companies operating around the dome
have yet failed to find stable produc-
tion, which will hold up to anything
like the initial output of the wells.
The daily average of the field on
Monday of this week was 2958 bar-
rels as compared with the peak of
8800 barrels some two months ago.
Fine loose sands causing the flow to
be choked is given as the greatest
trouble to producers at Boling.
A total of 21 producers at Boling
were making the nearly 3000 barrels
production at the opening of the week.
Eighteen rigs are now running in the
field, including six of the Texas Com-
pany, five of the Humble, three of
the Sun Company, two of the Hum-
phreys Corporation and one each of
the Vacuum and Oxford. Four wells
were shut down and locations for fur-
ther drilling but not yet rigged up to
drilled totaled eight.
A completion by James Weed on top
of the dome where shallow production
was made before the discovery of
deep sand oil at Boling made about
600 barrels initial from 428 feet last
Saturday, and early this week was
holding up to 400 barrels pipe line oil.
The gravity was 19.5 Baume.
The Houston Gulf Gas Company has
abandoned its Woodfin 1 in anhydrite
formation at 1007 feet, the Sun Com-
pany’s Farmer 1 located on the east
side of the dome, encountered anhy-
drite at 1055 feet Monday, thus outlin-
ing the dome as being very shallow
at this point several thousand feet
away from the deep production.
------o—o------
The Cinema After
Thirty Years
* Rollins
Improved
Double Runstop
Stocking
In the ordinary stocking, runs caused by knee strain or garter
clasps go down and ruin the stocking. In Rollins Improved
Double Runstop Hosiery, one runstop at the knee is the same
color as the stocking and protects against knee strain.
The other runstop, always red, but out of sight even when
worn with the shortest skirt, is at the hem and stops all garter
runs. It is a red dotted line, which positively identifies Rolling
Improved Double Runstop Hosiery. If you wear round garters
your finger nails cannot cause disaster in pulling tight and rollr-
ing the top of the stocking.
Thousands upon thousands of peo-
ple are engaged in keeping this tre-
mendous international trade going,
and it is the moral standard of each
and every one of these men and their
Colleagues in their respective trades,
Which determines the ethics of inter-
national trade, as we find them today,
and it is these men who shape the
ethics of tomorrow.
Infidelity to contracts always fol-
lows violent fluctuations in price. It
is under such circumstances that men
Show what they are made of. A grain
broker in Vancouver told me that in
1924 when wheat prices suddenly
dropped 25 per cent and he had sold
millions of dollars worth of wheat tc
many countries, purchasers every-
where with exception of one country
tried to cancel their contracts or to
Wriggle out by finding fault with
shipments.
I mention this to remind you that
When we deal honestly internation-
ally, we help to establish a good repu-
tation not only for ourselves but also
for our country—and we create good
Will.
Since the war, oversea countries
tend more and more to develop their
own industries. Oversea markets
‘have consequently in a great measure
been lost to Europe, and in order to
alleviate the abnormal unemployment
following the loss of markets, many
Countries are introducing prohibitive
customs tariffs, often pointing to the
United States as the great example of
the blessings of high tariffs. In addi-
tion, strong appeals are made to na-
tional sentiments, all for the purpose
of replacing imported goods with
goods produced inside the country
itself.
But all these measures instead of
reducing national unemployment sim-
ply cut the great arteries between the
countries. The barriers set up against
the free interchange of population, of
goods and of skilled experience inflict
still more hardship on everybody.
And just as no nation can get rich
by crippling its neighbor through
war, so it is daily growing more and
more clear, that no nation can get
rich by ruining other countries eco-
homically or by surrounding itself by
a “Chinese wall.”
The world is an economic whole,
and the more each country acts on
the basis of selfishness and ill-will
to other nations, the more will each
suffer in the long run. Industries
will stagnate, much human energy
Will be wasted, and the entire stan-
dard of living will be lowered for a
long time ahead.
Imagine,' for example, if in the
United States there were customs bar-
riers between individual states; im-
agine, that whenever you crossed a
borderline you found a different peo-
ple, a different language, a different
coinage, a different religion, etc., just
imagine how life would be compli-
cated.
But this is just the position in Eu-
rope today, and there are a growing
number of thinking men, who feel that
the only way to save Europe from de-
struction is the formation of a Euro-
pean trade league of nations, sur-
rounding Europe with a common cus-
tom barrier, and encircling a suffi-
ciently vast territory to enable the
nations inside the barrier fully to
utilize their powers and resources in
a united effort for cheaper production
and elimination of waste. But today
hard times and national jealousies
have placed each country inside a
watertight compartment resulting in
the manufacture of goods at high
costs, which could be produced cheap-
er by other countries.
Excessive trade barriers mean stag-
nation and throttling of progress; it
means that countries do not get the
benefit of that stimulating and fertil-
izing influence which can be brought
about in no other way than by a lively
interchange of population, of goods, of
service and of experience.
I now wish to focus your minds on
one q£ the greatest cancerns affecting
'every trade; I refer to bribery. We
all know the existence of a huge dark
building over the portal of which is
this inscription: “Bribery and unfair
trading,” and in that house are many
compartments; let me name a few of
DENVER, Colo., June 17.—“When
we deal honestly, internationally, we
help to establish a good reputation
XiOt only for ourselves but also for
bur country—and we create good
Will,” said T. C. Tompsen of Copen-
hagen, Denmark, at the morning ses-
sion of the Rotary convention. Mr.
Tompsen is a notable leader in Euro-
pean industry, at the head of a great
Cream separator machinery company
Which has trade throughout the world.
Mr. Tompsen also stated, “Exces-
sive trade barriers mean stagnation
and throttling of progress.” He said
In modern life nearly all business,
at any rate, all big business, rests on
confidence; and the great bulk of all
payments is based on credit.
......
Help your employes to have Bank accounts
here. One employe with a Bank account is
worth to you two without bank accounts.
compartments; let
them for you: 1
Bogus independents; espionage on
competitors; bribery of competitor s
employees; price cutting and dump-
ing; fighting brands; misrepresenting
competitor’s goods; cornering mar-
kets; intimidation by threats of liti-
gation; the use of trading stamps or
coupons; excessive credits; entice-
ment of employees; secret commis-
sions; premiums to shop assistants;
misleading prospectuses; misleading
advertising and propaganda; copying
other firm’s designs or trade names;
suppression of patents by purchase of
rights. , , .
Bribery, coruption and unfair busi-
ness dealings are daily going into the
discard, and in wider and wider cir-
cles do people realize, that in the ex-
change of goods, personal service or
ideas, upon which is based the eco-
nomic life of today, all persons or
parties to the exchange must benefit.
In some countries legislation is
much behind the times, or if the laws
are exemplary, the juries may favor
their own countrymen,—or again, liti-
gation may be so expensive, that the
game is not worth the candle, and
-------o—o------
Sunny days. Say it with snaps.
Parks Studio for quick service. 14-tf
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WHARTON, Texas, June 11.—The
Wharton-Jackson Counties Medical
Association met at Wharton Tuesday.
After a business session the doctors
were guests of Dr. and Mrs. T. M.
Neal at a barbecue dinner.
Among those enjoying this hospi-
tality were: Drs. Thorning, Agnew and
Clarke of Houston, Drs. Reeves, Lin-
cecum and Halomelkak of El Campo,
Dr. Lancaster of Ganado, Dr. Rey-
nolds of Louise and Dr. McMullin of
Victorial. The local physicians pres-
ent included Drs. Davidson, Andrews,
Valls, Davidson, Barclay, Weaver,
Weiss and Neal.
(From the Montgomery Advertiser)
In commenting upon the thirtieth
anniversary of the motion picture, the
Rockford (Ill.) Republic gives some
striking facts about the “industry.”
The Republic finds that there are
20,233 theaters in the United States
today showing motion pictures. They
seat 18,554,859. “The total patronage
exceeds the population of the United
States each week—some of us go
twice,” says the editor. There are
300,000 men and women regularly em-
ployed in making, distributing and ex-
hibiting films. The investment is $1,-
500,000,000. There will be over 700
feature pictures produced this year
and about 1500 comedies and other
short subjects. The industry ranks
fourth in size in the United States.
There are 11,516 stockholders in the
six larger companies, “and thousands
of small investors seeking a foothold.”
The editor of the Republic recalls
with pardonable pride that fifteen or
twenty years ago he predicted in his
paper “the great future” of pictures.
Now he can say that this prediction
not only has come true, but that his
own country leads the world in pro-
duction of films. They are shown
every day all over the world, notwith-
standing the hostility of foreign gov-
ernments to American films.
Today, “the motion picture is Amer-
icanizing the world, penetrating into
remote corners with American ideas
and preparing a demand for American
goods.” This, we are assured, “is not
a mere statement; it has the backing
of extensive research and authority.”
No less a man than President Cool-
idge has said that “American films
have been of great advantage in bring-
ing our life and customs before the
world, and of aid to our trade rela-
tions and the understanding between
nations.”
Moreover, it is noted that films are
cleaner today. Mr. Coolidge has ob-
served this with satisfaction, while
Mr. Woodhull, president of the Motion
Picture Theater Owners’ Association,
goes so far as to declare: “The movies
are 100 per cent cleaner than the
legitimate stage.”
--o—o------
Our job printing cannot be beaten.
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Smith, Carey. The Matagorda County Tribune (Bay City, Tex.), Vol. 81, No. 10, Ed. 1 Friday, June 18, 1926, newspaper, June 18, 1926; Bay City, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1304330/m1/6/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Matagorda County Museum & Bay City Public Library.