The Deport Times (Deport, Tex.), Vol. 32, No. 50, Ed. 1 Thursday, January 16, 1941 Page: 5 of 8
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^yaidaqdthe
be given by our
cracieB that arc
. fa* their lives, our country
it send men overseas to en-
!§$$ war. v:. ^ v
When the war in Europe first com-
_ .#", pasnced and, t£e people in this coun-
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try w*|e sympathizing with the na-
tions that were being overrun by
aggressors and dictators, many of
our people were saying through the
newspapers and over the air that if
our country, the ynited States,
could get the soldiers of England 01-
China. or any of the affected coun-
tries to do the fighting that it would
be a fine thing for us to furnish
them with the equipment including
guns and ammunition. In other
words, our man power would not
run any risk at all and the only
sacrifice our country would make
would be to pay for the production
of the war equipment.
It is thought that if Hitler should
get control of the eastern hemis-
phere that this country and the en-
tire western hemisphere would be
in danger from then on; that for the
next generation or even half century
or longer people of the western
hemisphere would have to devote
practically all of their time and at-
tention to defense efforts; that there
would be no peace in the world so
long as the dictators had control of
Europe.
It is contended that the dictators
have an advantage over the demo-
cacies because they can act quickly
and speedily; that they have no
Congress to block, retard or delay
their efforts. The administration in
power and the Congress realize this
situation and is now considering giv-
ing President Roosevelt blanket
power and authority to do what he
believes is necessary to assist those
countries whose defense the Presid-
ent deems vital to the defense of the
United States and that are opposing
invasion by the dictators. The coun
culture program continued to de-
finitely maintain the principles of
parity and soil conservation. He
disclosed that a program is now be-
ing worked out to arrange for a re-
servoir of construction projects to
help absorb the labor that will be
released by defence industry when
the preparedness program is fin-
ished.
The President made it plain that
no one will be allowed to get rich
out of the preparedness program
and that taxes must be levied to
pay all costs.
WPA
Congress is now considering the
WPA appropriation for the one year
commencing July. 1, 1941 and end-
ing June 30, 1942. Howard O. Hunt-
er, Acting Works Projects Commis-
sioner, states that the WPA rolls
will have to be cut beginning in
March; that the WPA now employs
an average of about 1,900,000; that
WPA will reduce its rolls to 1,500,-
000 by June 30, 1941 and in the fis-
cal year that follows will employ
an average of only 1,300,000.
The question is, what will become
of the 600,000 persons dropped from
the rolls? It is estimated that de-
fense activity will create 2,000,000
new jobs this year in private indus-
try and that about 400,000 persons
probably will be taken from WPA
rolls to fill these jobs. There is a
waiting list for WPA jobs that now
totals 1,000,000 applicants. The
greatest need for WPA help seems
to be in the states that cover the
Midwest running south from Mon-
tana, North Dakota and Minnesota.
In the rush to obtain planes, tanks,
guns and ammunition 80 per cent of
National Defense contracts have
been let in the Seaboard states. In
the days ahead more and more na-
tional defense projects will be estab-
lished in the South and West.
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Grand Jury Lists
Five True Bills
'VC\
tries that will likely receive the aid, j --
if such power is granted, will be I The grand jury in 102nd district
Britain, Greece and China. It is court at Clarksville, which halted
contemplated that the power given, work lest Tuesday when Judge N.
will be “notwithstanding the provis- L. Dalby was called back to hi ;
ions of any other law.” This, with- , home in Texarkana, reassembled on
out naming them, waives any pos- j Friday, completed the current dock-
siblc restriction in either the John-1 et and recessed, reporting five in-
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son Act or the Neutrality Act.
President’s Message
In his message to Congress the
President insisted that our social
and economic program mus^ be re-
tained in the face of war changes;
that the social security program
| dictments. Two were for child do-
sertion, two forgery and one for
swindling. Unfinished business will
be taken up near the close of the
winter court terms. Individuals in-
dicted last week will be tried Jan-
uary 27 along witli other criminal
should be enlarged and the agri- cases.
■■
IS
--—- ®
Our cars are sold at prices low enough to fit any-
one’s budget. Come in today and select the car to fit yours!
3? FORD
Coupe
35 FORD
*5|dor
3? FORD '
Tudor—Radio
FORD
lor.-------------
FORD '
x. Tudor------
$295
$195
$379
$549
$549
FORD Dlx. #7QC
d*r-Rad.-IIcat. f/99
m
FORD Dlx.
;jr-ttad.-Hea<
—**’
)LET
$321
162!
159$
$9$
37 CHRYSLER
Sedan-Heater....
$379
$875
$369
$329
$429
I#45
- $449
$995
$449
^“v^:$249
SSv^LET$545
SI 95
Pickup ...... lr ® vV
40 MERCURY
Fordor..................
37 PACKARD
Tudor-Rad.-Heat.
36 OLDS. Sedan
Trg.-Rad.-Heat......
38 PLYMOUTH
Coupe___________
39 FORD
Ton Pickup-------
39 FORD . „
Pickup........
39 FORD 1:
Truck LWB —
38 FORD
One-Ton Panel
rv’HVRi
ii
1 i
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Rates: 2 cents per word first Insert-
ion; 1 cent per word each additional
Insertion. No ad accepted for leas
than 25 cents.
FOR SALE—Few tons of good black
land prairie hay.-»J. C. Bartcher, De-
port. tfc
FOR SALE- -800 bushels corn, 50c
Per bushel; 10 tons soybeans, $10 per
toil. Walter Evans. Deport. 51-c
SON OF FORMER DEPORT
COUPLE DIES SUNDAY
Homer Lee, eight-year-old son of
Mr. and Mrs. Homer Kilgore of
Munday, died Sunday of meningitis
in a Knox City hospital. He was
m&4 ; ■ ~
v ‘'Obi.
resided in this
is a grandson
of Rugby. Mrs. Wood
Bill, Elvis and Buddy-
tended the funeral. -
----- ■ rr-T*.....iTTTr^n
OOD *
ULF
AS
OIL and GREASES
First Class
GARAGE SERVICE
Skidmore’s Garage
Pattonviilc, Texas
Machines play the leading role in modern defense. Sh6wn above are
machines for soil defense and national defense. The cannon is one of a
number of U. S. guns capable of long-range destruction. The earth-
moving equipment at top is of a type used by many farmers in building
dams and reservoirs. In 1939 farmers moved more than 11 million cubic
yards of earth in performing this conservation practice, equivalent to
the volume of material going into Columbia river’s huge Grand Coulee
dam.
Bogata Bank Retains i Early Resident of
Officers, Directors jThis Area Dies
\
Stockholders of the First Nation-
al Bank of Bogata in their annual 1 resident
Mrs. G. D. Farris, 80, an old time
of this section died Sun-
meeting on Tuesday re-elected the
board of directors which has served
for a number of years. The board
is composed of W. H. Grayson, E.
G. Hutchings, Edgar Hooker, Lcnor
Hudson, J. M. Pike and P. J. Graves.
The directors met immediately
and retained officers as follows: W.
H. Grayson, president; E. G. Hut-
chings, vice-president; J. M. Pike,
cashier; Lenox Hudson, assistant
cashier and Eugene Bell, bookkeep-
er.
day at the home of her daughter,
Mrs. Willie Cress at DeKalb. Ad-
vanced age and a heart ailment was
given as the death cause.
Deceased, with her husband, op-
erated the early telephone systems
at Rugby and Bogata. She was the
stepmother of Mrs. C. P. Pearson
1 Case Crown Test- j Men’s New Spring
ed Rayon Crepes, | Hats, priced
priced at 49c yd. $1.98, $2.98, $3.98
Spring Colors in E&W Dress Shirts,
Spun Rayon 49c yd. 98c to $1.49
1 Case Superb Cam- Dickie Khaki,
$1.98 to $2.4.
Smith Arm*
R. L. Nolen has moved from Cun-
ningham HI to Paris HI. and ask-
Rial The* Times he sen' to his new
address.
brie Prints 19c yd.
1 Case Perfection
Prints at 15c yd.
Vanette Hose,
79c and 98c
New Spring Hats,
$1.98, $2.98, $3.50
Big
Cloth Suits $3.98
Big Smith Whip-
Cord Suits $3.25
Also Star Brand Shoes for
the Entire Family
Simplicity Patterns
W. F. Burden & Son
PAY CASH AND SAVE—IT PAYS TO PAY CASH
1
I
4
4
At the Close of a Successful
We want to express to the people who have invested in orr organization ami have built homes \ ifh funds supplied !>v e- our sincere
appreciation for the part they have played in making the year U'40 the greatest year in our entire history.
CONDENSED STATEMENT
FIRST FEDERAL SAVINGS & LOAN
ASSOCIATION OF PARIS, TEXAS
AS AT DECEMBER 31. 1940
ASSETS
First Mortgage Real Estate Loans .
Savings Share Account Loans
Stock in Federal Home Loan Bank
Cash in Banks and On Hand
Bonds and Securities (U. S.) ......
FHA Debentures Pending ..................
Real Estate Owned
Office Building
Furniture and Fixtures ............ .
Real Estate Sold Under Contract
Other Assets ....... ................................
$1,180,549.33
4,986.70
11,100.00
139,045.53
6,223.15
7,836.21
17,802.95
14,650.00
2,250.00
5,563.50
2,237.14
$1,392,244.60
LIABILITIES
Savings and Investment Share Accounts ....... $1,171,369.20
Advances from Federal Home Loan Bank ............. 129,100.00
Due Commercial Banks . .............................................. NONE
Due Borrowers ................................................................. 19,519.99
FHA Mutual Mortgage Insurance and Tax Fund ..... 2,846.88
Reserve for Payments in Advance, Etc. ..................... 570.63
Reserve for Uncollected Interest................................. 800.95
Resale for Federal Insurance............................. 9,444.92
f Reserve for Contingencies___________________... ................. 3,253.94
v NResp'yes — Other..........................'........................ 7,330.94
vvftesdrve for Cash Dividends ...................................... 13,007.15
Undivided Profits .......... ............................................. 35,000.00
Nome Loons
FEDERAL HOME LOAN BANK PI IN
Interest as Low uv .*
Direct Reduction Jnteric(
1 , --Small I’-.jymeals
.Monthly On Unpaid Balance
$1,392,244.60
RESERVE SYSTEM
Our membership in <l„ Fed. !"t! Home Loan Bank ol Little Rock,
which is one <;f tw< Iv • lee,Vs in the Fed. iel Home Lean'Bonk
System, the largo:'! mortgage credit reset-. < in the work!, in-
sures liquidity for yean savings and investment, share account.
ACCOUNTS INSURED
All savings and investment share accounts insured against loss
up to $5,000 by a $125,000,000 agency of the United States Gov-
ernment.
Small systematic savings invited as well as in multiples of $100.
FISCAL AGENT
The First Federal of Paris has been designated as Fiscal Agent
of the United States in connection with the sale of United States
Savings Bonds to its members.
APPROVED MORTGAGEE
Approved Mortgagee under the terms of the National Housing
Act.
FHA Loans as high as 90 per cent of value—5 per cent interest
—As long as 25 years to repay. Payments payable at our office.
LEGAL FOR TRUST FUND INVESTMENT
The Texas Legislature has amended the banking laws so that
it has become lawful for State Banks, Life Insurance Companies
and Fire Companies to invest in Investment Share Accounts
of Insured Savings and Loan Associations. Also legal for Trust
Fund Investments. u
DIVIDENDS
CURRENT DIVIDENDS
PAYABLE IN CASH
On Savings a nl It vestment Share Accounts
FIRST FEDERAL SAVINGS
and Loan Association
TELEPHONE 484
Us
Chartered and Supervised by the United States Governipept ) j*
E.£. HOOKER,
VP. MAYER
—OFFICERS—
ED H. McCUISTION,
PARIS, TEXAS
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The Deport Times (Deport, Tex.), Vol. 32, No. 50, Ed. 1 Thursday, January 16, 1941, newspaper, January 16, 1941; Deport, Texas. (https://texashistory.unt.edu/ark:/67531/metapth902078/m1/5/: accessed July 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Red River County Public Library.