January 21, 1935 (4 pages)

PAGE TWO THE NEVADA CITY NUGGET MONDAY, JAN. 21,1935 Nevada City Nugget 305 Broad Street. Phone 36 A Legal Newspaper, as defined by statute. Printed and Pub-— lished at Nevada City. HM. LEETE. EEE TAA as NAGS RS Bee Editor and Publisher Published Semi-weekly, Monday and Friday at Nevada City, California, and entered as mail matter of the second class in the postoffice at Nevada + i City,, under Act of \Congress, March 3, 1879. : SUBSCRIPTION RATES + One: year (in Advance): ..-.00.0 0.0.2. $2.50 = : a * * Berferferferfesferferfentendenteste fefesheniesferiestenter feoke ROUGH GOING FOR SCHOOLS BY RALPH H. TAYLOR Shall the State Legislature have the right to reduce and regulate all state expenditures, including school costs? Around that question, in all probability, will rage one of the bitterest battles of the 1935 State Legislature. And if the Legislature finally answers ‘“Yes’’ by voting for the abolition of so-called ‘fixed charges,” or continuing appropriations, legislative action will be followed by a battle royal at the next general election to determine the attitude of California voters on the issue. In the Legislature first blows already have been struck, with Senator Ralph Swing of San Bernardino—author of a! constitutional amendment to abolish all ‘‘fixed charges’’— claiming that there can be no rea! economy in state expendi: . tures until continuing appropriations are eliminated. a sa ahs Se oie oe cs ace She a ae os as is ie te os eae a is se es ts i te le es ee ee he he he ee ee ts he = mS pete Ee ke . . BY \ cite of not WEEKLY . OMMENTI. BETWEERS THE LINES By Alexander McNulty “Tn thé. recent action taken by the Treasury in reducing maximum interest rates on savings accounts; is to be discerned another evidence of recognition by government of the enevitable vital necessity of cheapening money. Under existing circumstances, it is doubtful whether this new move will have any more Christian Andersen The plebiscite in the Saar, returning this rich territory to the fatherland, reminds me of another plebisso long ago in which Schleswig Holstein voted to return to Denmark. There is an interesting bit of history behind that Vote. perros hie. Sr Upateen ae rsd sees = y * [than a general effect to indicate to lower part of Jutland and inciudes! 2 2 z the public the trend of lower interthat parcel of land on which the: s = i ‘est rates on money. In the world of seaport Kiel is located strategically « i ‘finance this fact has long been evithe southeastern corner of the} ‘dent. Short term government sein North Sea. Germany many generaAt : tions ago-saw the possibilities 7 Crete ninety day Treatusy Notes this port in time -of war and al; fF exapls, are EIDE — easery i “ though the people located in the ter-;S0USht by the larger banks and ! other heavy investors. Issues are ritory had always been under the ; Danish crown spoke. the Danish’ being over subscribed four and five i times language, and lived according to the} shige ae bid up to where Danish customs, Germany first at; these securities pay the unbelievabtempted by force, to take this valu-;!Y low rate of 1.10% interest. able territory from the rightful ownAs a means of stabilizing our fuers in 1849. The attempt failed and. ture, this . move is necessary and for fifteen years all was peaceful} good. As a means of hastening reuntil 1864 when the Germans in un-! covery, while some’ good wi!! no other war of their own starting foredoubt result from individuais desired the Danes to cede the region tu ing a larger return from thei. savGermany. The Germans proceeded . ings and seeking another field of into make Germans out of the inhabi-. vestment than-savings banks, thus tants. They dil this by forcing the . creating activity. Theoreiichlly, Advancing the contention that state costs should always be held within state income, Senator Swing declares, in sup-} port of his amendment, that more than 72 per cent of all state! expenditures, at the present time, are “fixed’’ by the consti-. tution, or statute, and are therefore inflexible. When state revenues fluctuate, he insists, the Legislature should have the power to make quick adjustments in state outgo. In principle there can be no dispute of the soundness of Senator Swing’s proposal. Continuing appropriations—voted by the people, and subject to repeal or reduction only by a second vote of the people—have undoubtedly been a major factor in the rapid and almost inescapable increase in govern-! mental costs. But opponents of the Swing amendment insist—and not without cause—that legislative practice must be balanced against legislative theories in reaching a fair determination of the issue. By far the largest item in the list of ‘‘fixed charges’ against the state’s general fund is the continuing appropriation for the support of California's public schools. And continuous, orderly support of the schools— based on school attendance and actual school needs—is a primary requisite of any efficient, successful school system, according to the educational group. Abolition of the continuing appropriation for the schools, this group asserts, would make educational appropriations subject to political log-rolling, jockeying and vote-trading at’ every session of the Legislature. They further declare that it would force school people into politics, making it necessary to elect legislators definitely pledged to a fair school program, and that irreparable damage would be done to the schools, due to the uncertainty regarding school appropriations. “No school system can function efficiently on a hit-ormiss system of appropriations,” says Sam H. Cohn, deputy state. director of education. ‘“The Swing amendment might . ‘very well result in a 7-month school term one year, a 10-. month term the next and the closing of many schools en. tirely. It would make a political football of school appropriations and such a system is far more dangerous than the . present system.” ; & January 7, has been received by Nevada City friends. Mrs. Van Horne lived in Nevada City a number of year and made many friends here DEATH OF FRMER RESIDEN'1 The sad news of the death of Mrs. Edna M. Van Horne, of Alameda on 5 le ae ete a « Marigold Beauty Shop « avis ‘franseript Bldg., Commercial Street Combo Ringlette Permanent Wave $5.00 Luxor Oil Permanent Wave $3.50 ORRA COMTE CARMEN VECK Telephone 470 BU SR sfeleteteotetectenteate . W. R. JEFFORD-& SON — Funeral Directors AMBULANCE SERVICE Nevada City Grass Valley . }sound, thereby becoming a national ; 80vernmental ‘. With new and shining chains These chains sing German language in the schools end . this is a logical premise, inasmuch by other nationalization processes.{as individuals may invest their own none of which were successful. Of!money much freer than institutions, course those were days when misht yestricted as they necessarily must was right. Things are different now, je as to security of investment and what with the league of nations, . of maintaining reasonable liquidity. world courts, ete. As custodians of the peoples savae ‘ings, the first consideration of these ‘institutions is to protect their clients of principal interest of secondary As a sidelight on the 1849 war; mentioned .above, it was at the battle of Dybbyl, the Danes fighting against great odds, were about to ; against loss lupon principal being ‘importance. Even now, with all loose the battle, when suddenly iN . signs seeming to indicate that we the sky the Danish flag (Danneare out of the woods and on the way brog) was seen to come fluttering . to recovery and very concrete evidown. The flag finally fluttered to-' dence in the way of incréasing pro{ward earth and when about to:duction and consumption of goods; alight a stalwart Dane grabbed ii.'there is much more than a shadow With a shout of encouragement he}of doubt in the -minds of observers led the faltering Danish hosts to 2X.1as to whether this will last. Donbt definite and glorious victory. (This. as to the the fundamental soundness is a bit of historical legend, but we, of the present apparent recovery is as kids, believed it an act of God).:;felt and voiced from viewpoints. The victory was no legend. Disregarding for the moment these idiffering opinions, we have and have Tordenskjold, a great Danish in-/had amply demonstrated to us that fantry officer, took a large detach-. those who have the investment of ment of Danes into Swedish iterri-!money in their care, do not believe tory, either to avenge a wrong or,that we are well started on the roal to capture some Swedish cities. ‘to recovery. Organized business, His force was entirely annhilated, . and this means all financial intituhimself the only survivor. He es-. tions, voice as their. criticism of caped from the Swedish soldiers and present conditions, fear of expandpursucd: by them, he managed to;ing or making long term commitmake his way to the coast on the! Ments until assurance of a stable sound between Denmark and Swe-}monetary policy is given; fear of len. (Ore Sund). The Sweds were. legislation tending toward socialism so hot on his trail that he had no-that may be demanded by a poputime to look for a boat to reach his . lation thinking in very liberal and he took his sword iN many cases radical ways; disatand swain the /isfaction with, and fear of further competition. These His exploit was made much {three broad subjects and the countnative land, so between his teeth } hero. . } : om jles off shoots springing from them of in the Danish history classes, and } t 5 a no doubt was the foundation for!form the reasons for what we hear many noble and brave deeds per. C@lled lack of confidence. formed by Danish men and women. Business, however, while extremez ily vociferous, concerning the naMany people pronounce tne word . titonal and other public debt, says history, “histry,” leaving out the }VTY little about debt in general. vowel. Such delinquencies in speech . There can be no doubt but that busipartly destroys the euphonic beauty . 7°98 leaders recognize how imposof the English language. . There is sible the situation is and how hopeohne ‘more simple and ugly error, the . ess it is under conditions as they word “being,” generally pronounc-! 2°¥ exist to achieve more than a oak insta tit woeae th oid ane ak semblance of recovery. The total gront many other butthese two are interest bearing debts in this nation, rivate, sapromentative: Dp te, corporate and public, amounts to as much or_ perhaps 5 more than th tu Vv Thor was the Danish god of . salen: alas OF OU physical assets. This is due of thunder and lightning. He drove ae : course. to cyclical flucuating value beautiful white giant goats hitched of our money in its purchasing to his gilded chariot. Each time: the goats set their golden shod hoofs! hard against a cloud they asatruck sparks. This was the lightning, and the thunder was the rumbling of Thor’s chariot. Beautiful story but hardly true. power and the habit of humans to contract debt during ‘times when goods and property seem more desirable than money and when a condition that we know as inflation exists. Conversly, when people desire money more than they do goods and property and the phenomenon known as deflation has occured, the. purchasing power and services become but a fraetion of their previous valjues. All signs point to one of two -4solutions to the problem ofdebt. Hither all A brand new car To the mountain goes, Around each wheel, Blithely, safety, safety, safety, il connon didiea existing debt must be : summarily reduced by an agreed Ue Eee SOne, : u reent overnment Relax the tension once too long, nee PErernee OF eer : The car ends crashed against a must by some form of soonetary. ti : flation, either direct or indirect, log. raise the level of prices to approxi+ < % —~ + dered dresses. They are happy because their mother sends their laundry to the GRASS VALLEY STEAM LAUNDRY and DRY CLEANERS og 111 BENNETT STREET GRASS VALLEY Sie oesle ate sleaentealeatesfe sie ttenfe ofeatest stele nfeate cleste ale +e. T . tracted. The cost of borrowed money and has been entirely too high. The WE WANT TO SELECT is a reliable young man, now ‘employed, with FORESIGHT, fair. }]#verage rate of annual increase in education and mechanical inclin-. }. production and national wealth in ations, who is. willing to train/}{normal times’ is between three and spare time or evenings in Nevada : four percent. When we permit our City to qualify as INSTALLA-. ]}.°"" ! oe TION and SERVICE expert in interest rates to: exceed this normal Electric _Refrigeration_and—_Airj}/ increase, we shall inevitably find Conditioning. New, profitable ;after a few years of such practice, field. For interview write, giving . 2 {that our debts exceed our assets. age and present occupation. : i . ke . . \ . et iy / PHONE 108 Grass Valley PHONE 250W Nevada City + Se ae ee oe 2 oe ie ee . > UTILITIES ENGINEERING . ] . BIRTH INSTITUTE . FEISTLE—To Mr. and Mrs. Robert i i i}. « Dougla i raps Val. 404 N. Wells St., Chicago, I. . ee ee er ae j' cember 26, 1934, a daughter. ‘ re mately where they were when the]) great part of existing debt was con-. ! eae wa wan ae Oe eee . Have You ? ee GLASSES Katie Lewis GEO. H SHIRKEY, O. D. ‘ OPTOMETRIST C7 118 Mill Street GRASS VALLEY, CALIF. FRENCH CORRAL, Jan. -21.—{y Ponta Rosa Trail; Point Defiance! . Across the bridge to Pleasant Valley! . Do those names bring back memories to the “old timers?’’ I wonder if anyone remembers when there was a town down at ‘‘the forks” and ‘ { 4 . Open the door to a new world for people whose eyesight is poor into the house this morning and an-! 5 nounced his intention of going into . Banner Gold County of the mining business down at Pcs California Junction.” He induced me to climb, into the Brown Derby (our ses Studebaker, 1925 vintage) and we, rattled out of the Carrol and down ; the Colfax road for a mile or so. Af; ter a bit we crossed the flats andj; then climbed a steep, rocky hill un. til we struck a section of the old . Annual production over $3,000,000 For Information Address Chamber of Commerce : who the people were that lived! there? = The Other Half came stamping NEVADA COUNTY Nevada City, Calif. Ponta Rosa Trail. . And what aextrail! That road was built for horses and wagons and au-; tomobiles have no business, whatso. ever, upon it. From the summit toj; the forks this road is just one mile ! NEVADA CITY SANITARIUM long, a yard wide and steep as a, flag pole. Elizabeth McD. Watson, Prop. The Other Half put the Brown . Derby in low and we slipped, slid; and slithered down over rocks and ! logs, grazed the banks a couple of . times on one side while the wheels! -kept turning in space on the other. , . Open to. all reputable Physicians. and Surgeons To my right I could look far down . . sas — Se ‘below and see the clear waters ‘of the North Fork skipping . serenely along between boulders and never dreaming of the muddy shower it! was to receive a little farther on from the South Fork. Sometime during the last summer forest fires burned most of the vegetation from the hills and they appear barren and sullen. And once before we reached the bottom a deer broke brush on the cliff directly TREAT YOURSELF TO THE Best © HAIR CUTTING LADIES WORK OUR SPECIALTY LARSEN’S BARBER SHOP 5 sem ance. Not one building is left standing Not one shingle nor an old rafter. Even the stone abutments that once supported the old bridge have been torn away so that miners might extract the gold from the ground beneath them. I have heard that there was once a large hoticl there, a store, saloon and a dance hall. It is hard to believe now for the site has slipped over the bank until there is hardly room for the few tents of the miners who are prospecting down there. It is curious how NATIONAL HOTEL COFFEE SHOP Nevada City, California Here you will find ne ertorteteateatetesterteotefenteateofestefeateolefeatesfete : %, Mesh Sa sae these little who actually lived there. over our heads. Then, without war106 Pine St. Nevada City ning, the road ended and we were saucer on the old townsite of Point Defiz Ee Nee Nene teale siete thes fete the te tie ie the oe se ike sie 0 te v “t +, 4 Nas Aeotoledetottoleetelotte ee places eventually slip off the n in . ° . ae e map 1 * Prices That Meet Present e course of time. There is no. {& D Conditi doubt but that they do and Are en‘z ay Conditions tirely forgotten, . except, by those . %, 000040000004 ingerfordortententerseosergeste rderfesterteateoteateste ofesteate ste afeote oxeedy I eee past could a that the ghosts of the Clearance of high grade Take a tip. from me and drive down there. never Every inch of it coming out must be made in low gear, slow, tedious low gear at that. There is not room anywhere on that nerve-wrecking mile to pass another car and naturally around each alae . you expect to meet one. It was a mostly Forboxed paper, Symphony Lawn. merly priced $1 to $1.50 Very Special at 35¢ cold, windy day when we came up but nervous perspiration ‘rolled If I ever visit Point Defiance again ; I will leave my car at Bridgeport and take the foot trail down the South Fork. It is only a ten minute hike and I will be able to enjoy the scenery instead of being terrorized at the thought of risking life and limb in an automobile up that ‘mpassable grade. HOREHOUND DROPS Special [Qc Ib. : R.E. Harris SAVE with SAFETY-at Miss Joan Grant, who has been confined to her home with a case of the mumps is fully recovered and Teturned to school today. and Cushions, made to order or repaired, First Class Workmanship and Service Estimates cheerfully given. TWIN CITIES AUTO TOP AND UPHOLSTERING SHOP su AUTO TOPS, CAR UPHOLSTERING, SEAT COVERS . i down my back and my hands were . . damp and clammy. OLD FASHIONED : A? Mo Me to teats ote ate ote ate oot +, <7 Meee nterge erga fertesfe serge ate Neen ge nfo ge the oh oes. ote Ks speak t d tell how the li 3 des a. : STATIONARY SPECIAL $ afterwards died. = . SUITS MADE TO YOUR MEASUR . $22.50 and up for Men or Women A Rain Coat for $2.00 more with every suit. JEFFERY CLEANERS 109 S. Church St. Grass Valley. We Call for and Deliver. Phone 152 Nevada. City Routes Wednesday and Saturday Sr TEST Saas = tS ol STEAK, CHICKEN AND FIS! Mr, ani? °11 +. Charles Yovant, P: cos, . DINNERS 5itc C4A.7E Ivead St. Neveda City PR

PAGE TWO THE NEVADA CITY NUGGET MONDAY, JAN. 21,1935 Nevada City Nugget 305 Broad Street. Phone 36 A Legal Newspaper, as defined by statute. Printed and Pub-— lished at Nevada City. HM. LEETE. EEE TAA as NAGS RS Bee Editor and Publisher Published Semi-weekly, Monday and Friday at Nevada City, California, and entered as mail matter of the second class in the postoffice at Nevada + i City,, under Act of \Congress, March 3, 1879. : SUBSCRIPTION RATES + One: year (in Advance): ...-.00.0 0.0.2. $2.50 = : a * * Berferferferfesferferfentendenteste fefesheniesferiestenter feoke ROUGH GOING FOR SCHOOLS BY RALPH H. TAYLOR Shall the State Legislature have the right to reduce and regulate all state expenditures, including school costs? Around that question, in all probability, will rage one of the bitterest battles of the 1935 State Legislature. And if the Legislature finally answers ‘“Yes’’ by voting for the abolition of so-called ‘fixed charges,” or continuing appropriations, legislative action will be followed by a battle royal at the next general election to determine the attitude of California voters on the issue. In the Legislature first blows already have been struck, with Senator Ralph Swing of San Bernardino—author of a! constitutional amendment to abolish all ‘‘fixed charges’’— claiming that there can be no rea! economy in state expendi: . tures until continuing appropriations are eliminated. a sa ahs Se oie oe cs ace She a ae os as is ie te os eae a is se es ts i te le es ee ee he he he ee ee ts he = mS pete Ee ke . . BY \ cite of not WEEKLY . OMMENTI. BETWEERS THE LINES By Alexander McNulty “Tn thé. recent action taken by the Treasury in reducing maximum interest rates on savings accounts; is to be discerned another evidence of recognition by government of the enevitable vital necessity of cheapening money. Under existing circumstances, it is doubtful whether this new move will have any more Christian Andersen The plebiscite in the Saar, returning this rich territory to the fatherland, reminds me of another plebisso long ago in which Schleswig Holstein voted to return to Denmark. There is an interesting bit of history behind that Vote. perros hie. Sr Upateen ae rsd sees = y * [than a general effect to indicate to lower part of Jutland and inciudes! 2 2 z the public the trend of lower interthat parcel of land on which the: s = i ‘est rates on money. In the world of seaport Kiel is located strategically « i ‘finance this fact has long been evithe southeastern corner of the} ‘dent. Short term government sein North Sea. Germany many generaAt : tions ago-saw the possibilities 7 Crete ninety day Treatusy Notes this port in time -of war and al; fF exapls, are EIDE — easery i “ though the people located in the ter-;S0USht by the larger banks and ! other heavy investors. Issues are ritory had always been under the ; Danish crown spoke. the Danish’ being over subscribed four and five i times language, and lived according to the} shige ae bid up to where Danish customs, Germany first at; these securities pay the unbelievabtempted by force, to take this valu-;!Y low rate of 1.10% interest. able territory from the rightful ownAs a means of stabilizing our fuers in 1849. The attempt failed and. ture, this . move is necessary and for fifteen years all was peaceful} good. As a means of hastening reuntil 1864 when the Germans in un-! covery, while some’ good wi!! no other war of their own starting foredoubt result from individuais desired the Danes to cede the region tu ing a larger return from thei. savGermany. The Germans proceeded . ings and seeking another field of into make Germans out of the inhabi-. vestment than-savings banks, thus tants. They dil this by forcing the . creating activity. Theoreiichlly, Advancing the contention that state costs should always be held within state income, Senator Swing declares, in sup-} port of his amendment, that more than 72 per cent of all state! expenditures, at the present time, are “fixed’’ by the consti-. tution, or statute, and are therefore inflexible. When state revenues fluctuate, he insists, the Legislature should have the power to make quick adjustments in state outgo. In principle there can be no dispute of the soundness of Senator Swing’s proposal. Continuing appropriations—voted by the people, and subject to repeal or reduction only by a second vote of the people—have undoubtedly been a major factor in the rapid and almost inescapable increase in govern-! mental costs. But opponents of the Swing amendment insist—and not without cause—that legislative practice must be balanced against legislative theories in reaching a fair determination of the issue. By far the largest item in the list of ‘‘fixed charges’ against the state’s general fund is the continuing appropriation for the support of California's public schools. And continuous, orderly support of the schools— based on school attendance and actual school needs—is a primary requisite of any efficient, successful school system, according to the educational group. Abolition of the continuing appropriation for the schools, this group asserts, would make educational appropriations subject to political log-rolling, jockeying and vote-trading at’ every session of the Legislature. They further declare that it would force school people into politics, making it necessary to elect legislators definitely pledged to a fair school program, and that irreparable damage would be done to the schools, due to the uncertainty regarding school appropriations. “No school system can function efficiently on a hit-ormiss system of appropriations,” says Sam H. Cohn, deputy state. director of education. ‘“The Swing amendment might . ‘very well result in a 7-month school term one year, a 10-. month term the next and the closing of many schools en. tirely. It would make a political football of school appropriations and such a system is far more dangerous than the . present system.” ; & January 7, has been received by Nevada City friends. Mrs. Van Horne lived in Nevada City a number of year and made many friends here DEATH OF FRMER RESIDEN'1 The sad news of the death of Mrs. Edna M. Van Horne, of Alameda on 5 le ae ete a « Marigold Beauty Shop « avis ‘franseript Bldg., Commercial Street Combo Ringlette Permanent Wave $5.00 Luxor Oil Permanent Wave $3.50 ORRA COMTE CARMEN VECK Telephone 470 BU SR sfeleteteotetectenteate . W. R. JEFFORD-& SON — Funeral Directors AMBULANCE SERVICE Nevada City Grass Valley . }sound, thereby becoming a national ; 80vernmental ‘. With new and shining chains These chains sing German language in the schools end . this is a logical premise, inasmuch by other nationalization processes.{as individuals may invest their own none of which were successful. Of!money much freer than institutions, course those were days when misht yestricted as they necessarily must was right. Things are different now, je as to security of investment and what with the league of nations, . of maintaining reasonable liquidity. world courts, ete. As custodians of the peoples savae ‘ings, the first consideration of these ‘institutions is to protect their clients of principal interest of secondary As a sidelight on the 1849 war; mentioned .above, it was at the battle of Dybbyl, the Danes fighting against great odds, were about to ; against loss lupon principal being ‘importance. Even now, with all loose the battle, when suddenly iN . signs seeming to indicate that we the sky the Danish flag (Danneare out of the woods and on the way brog) was seen to come fluttering . to recovery and very concrete evidown. The flag finally fluttered to-' dence in the way of incréasing pro{ward earth and when about to:duction and consumption of goods; alight a stalwart Dane grabbed ii.'there is much more than a shadow With a shout of encouragement he}of doubt in the -minds of observers led the faltering Danish hosts to 2X.1as to whether this will last. Donbt definite and glorious victory. (This. as to the the fundamental soundness is a bit of historical legend, but we, of the present apparent recovery is as kids, believed it an act of God).:;felt and voiced from viewpoints. The victory was no legend. Disregarding for the moment these idiffering opinions, we have and have Tordenskjold, a great Danish in-/had amply demonstrated to us that fantry officer, took a large detach-. those who have the investment of ment of Danes into Swedish iterri-!money in their care, do not believe tory, either to avenge a wrong or,that we are well started on the roal to capture some Swedish cities. ‘to recovery. Organized business, His force was entirely annhilated, . and this means all financial intituhimself the only survivor. He es-. tions, voice as their. criticism of caped from the Swedish soldiers and present conditions, fear of expandpursucd: by them, he managed to;ing or making long term commitmake his way to the coast on the! Ments until assurance of a stable sound between Denmark and Swe-}monetary policy is given; fear of len. (Ore Sund). The Sweds were. legislation tending toward socialism so hot on his trail that he had no-that may be demanded by a poputime to look for a boat to reach his . lation thinking in very liberal and he took his sword iN many cases radical ways; disatand swain the /isfaction with, and fear of further competition. These His exploit was made much {three broad subjects and the countnative land, so between his teeth } hero. . } : om jles off shoots springing from them of in the Danish history classes, and } t 5 a no doubt was the foundation for!form the reasons for what we hear many noble and brave deeds per. C@lled lack of confidence. formed by Danish men and women. Business, however, while extremez ily vociferous, concerning the naMany people pronounce tne word . titonal and other public debt, says history, “histry,” leaving out the }VTY little about debt in general. vowel. Such delinquencies in speech . There can be no doubt but that busipartly destroys the euphonic beauty . 7°98 leaders recognize how imposof the English language. . There is sible the situation is and how hopeohne ‘more simple and ugly error, the . ess it is under conditions as they word “being,” generally pronounc-! 2°¥ exist to achieve more than a oak insta tit woeae th oid ane ak semblance of recovery. The total gront many other butthese two are interest bearing debts in this nation, rivate, sapromentative: Dp te, corporate and public, amounts to as much or_ perhaps 5 more than th tu Vv Thor was the Danish god of . salen: alas OF OU physical assets. This is due of thunder and lightning. He drove ae : course. to cyclical flucuating value beautiful white giant goats hitched of our money in its purchasing to his gilded chariot. Each time: the goats set their golden shod hoofs! hard against a cloud they asatruck sparks. This was the lightning, and the thunder was the rumbling of Thor’s chariot. Beautiful story but hardly true. power and the habit of humans to contract debt during ‘times when goods and property seem more desirable than money and when a condition that we know as inflation exists. Conversly, when people desire money more than they do goods and property and the phenomenon known as deflation has occured, the. purchasing power and services become but a fraetion of their previous valjues. All signs point to one of two -4solutions to the problem ofdebt. Hither all A brand new car To the mountain goes, Around each wheel, Blithely, safety, safety, safety, il connon didiea existing debt must be : summarily reduced by an agreed Ue Eee SOne, : u reent overnment Relax the tension once too long, nee PErernee OF eer : The car ends crashed against a must by some form of soonetary. ti : flation, either direct or indirect, log. raise the level of prices to approxi+ < % —~ + dered dresses.. They are happy because their mother sends their laundry to the GRASS VALLEY STEAM LAUNDRY

and DRY CLEANERS og 111 BENNETT STREET GRASS VALLEY Sie oesle ate sleaentealeatesfe sie ttenfe ofeatest stele nfeate cleste ale +e. T . tracted. The cost of borrowed money and has been entirely too high. The WE WANT TO SELECT is a reliable young man, now ‘employed, with FORESIGHT, fair. }]#verage rate of annual increase in education and mechanical inclin-. }. production and national wealth in ations, who is. willing to train/}{normal times’ is between three and spare time or evenings in Nevada : four percent. When we permit our City to qualify as INSTALLA-. ]}.°"" ! oe TION and SERVICE expert in interest rates to: exceed this normal Electric _Refrigeration_and—_Airj}/ increase, we shall inevitably find Conditioning. New, profitable ;after a few years of such practice, field. For interview write, giving . 2 {that our debts exceed our assets. age and present occupation. : i . ke . . \ . et iy / PHONE 108 Grass Valley PHONE 250W Nevada City + Se ae ee oe 2 oe ie ee . > UTILITIES ENGINEERING . ] . BIRTH INSTITUTE . FEISTLE—To Mr. and Mrs. Robert i i i}. « Dougla i raps Val. 404 N. Wells St., Chicago, I. . ee ee er ae j' cember 26, 1934, a daughter. ‘ re mately where they were when the]) great part of existing debt was con-. ! eae wa wan ae Oe eee . Have You ? ee GLASSES Katie Lewis GEO. H SHIRKEY, O. D. ‘ OPTOMETRIST C7 118 Mill Street GRASS VALLEY, CALIF. FRENCH CORRAL, Jan. -21.—{y Ponta Rosa Trail; Point Defiance! . Across the bridge to Pleasant Valley! . Do those names bring back memories to the “old timers?’’ I wonder if anyone remembers when there was a town down at ‘‘the forks” and ‘ { 4 . Open the door to a new world for people whose eyesight is poor into the house this morning and an-! 5 nounced his intention of going into . Banner Gold County of the mining business down at Pcs California Junction.” He induced me to climb, into the Brown Derby (our ses Studebaker, 1925 vintage) and we, rattled out of the Carrol and down ; the Colfax road for a mile or so. Af; ter a bit we crossed the flats andj; then climbed a steep, rocky hill un. til we struck a section of the old . Annual production over $3,000,000 For Information Address Chamber of Commerce : who the people were that lived! there? = The Other Half came stamping NEVADA COUNTY Nevada City, Calif. Ponta Rosa Trail. . And what aextrail! That road was built for horses and wagons and au-; tomobiles have no business, whatso. ever, upon it. From the summit toj; the forks this road is just one mile ! NEVADA CITY SANITARIUM long, a yard wide and steep as a, flag pole. Elizabeth McD. Watson, Prop. The Other Half put the Brown . Derby in low and we slipped, slid; and slithered down over rocks and ! logs, grazed the banks a couple of . times on one side while the wheels! -kept turning in space on the other. , . Open to. all reputable Physicians. and Surgeons To my right I could look far down . . sas — Se ‘below and see the clear waters ‘of the North Fork skipping . serenely along between boulders and never dreaming of the muddy shower it! was to receive a little farther on from the South Fork. Sometime during the last summer forest fires burned most of the vegetation from the hills and they appear barren and sullen. And once before we reached the bottom a deer broke brush on the cliff directly TREAT YOURSELF TO THE Best © HAIR CUTTING LADIES WORK OUR SPECIALTY LARSEN’S BARBER SHOP 5 sem ance. Not one building is left standing Not one shingle nor an old rafter. Even the stone abutments that once supported the old bridge have been torn away so that miners might extract the gold from the ground beneath them. I have heard that there was once a large hoticl there, a store, saloon and a dance hall. It is hard to believe now for the site has slipped over the bank until there is hardly room for the few tents of the miners who are prospecting down there. It is curious how NATIONAL HOTEL COFFEE SHOP Nevada City, California Here you will find ne ertorteteateatetesterteotefenteateofestefeateolefeatesfete : %, Mesh Sa sae these little who actually lived there. over our heads. Then, without war106 Pine St. Nevada City ning, the road ended and we were saucer on the old townsite of Point Defiz Ee Nee Nene teale siete thes fete the te tie ie the oe se ike sie 0 te v “t +, 4 Nas Aeotoledetottoleetelotte ee places eventually slip off the n in . ° . ae e map 1 * Prices That Meet Present e course of time. There is no. {& D Conditi doubt but that they do and Are en‘z ay Conditions tirely forgotten, . except, by those . %, 000040000004 ingerfordortententerseosergeste rderfesterteateoteateste ofesteate ste afeote oxeedy I eee past could a that the ghosts of the Clearance of high grade Take a tip. from me and drive down there. never Every inch of it coming out must be made in low gear, slow, tedious low gear at that. There is not room anywhere on that nerve-wrecking mile to pass another car and naturally around each alae . you expect to meet one. It was a mostly Forboxed paper, Symphony Lawn. merly priced $1 to $1.50 Very Special at 35¢ cold, windy day when we came up but nervous perspiration ‘rolled If I ever visit Point Defiance again ; I will leave my car at Bridgeport and take the foot trail down the South Fork. It is only a ten minute hike and I will be able to enjoy the scenery instead of being terrorized at the thought of risking life and limb in an automobile up that ‘mpassable grade. HOREHOUND DROPS Special [Qc Ib. : R.E. Harris SAVE with SAFETY-at Miss Joan Grant, who has been confined to her home with a case of the mumps is fully recovered and Teturned to school today. and Cushions, made to order or repaired, First Class Workmanship and Service Estimates cheerfully given. TWIN CITIES AUTO TOP AND UPHOLSTERING SHOP su AUTO TOPS, CAR UPHOLSTERING, SEAT COVERS . i down my back and my hands were . . damp and clammy. OLD FASHIONED : A? Mo Me to teats ote ate ote ate oot +, <7 Meee nterge erga fertesfe serge ate Neen ge nfo ge the oh oes. ote Ks speak t d tell how the li 3 des a. : STATIONARY SPECIAL $ afterwards died. = . SUITS MADE TO YOUR MEASUR . $22.50 and up for Men or Women A Rain Coat for $2.00 more with every suit. JEFFERY CLEANERS 109 S. Church St. Grass Valley. We Call for and Deliver. Phone 152 Nevada. City Routes Wednesday and Saturday Sr TEST Saas = tS ol STEAK, CHICKEN AND FIS! Mr, ani? °11 +. Charles Yovant, P: cos, . DINNERS 5itc C4A.7E Ivead St. Neveda City PR