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About Portland new age. (Portland, Or.) 1905-1907 | View Entire Issue (April 13, 1907)
ir 2aJt f&jtZAU), K t&. I ffflrtlatti OfU. 3w Aij? TO r; u 7 'i' " U '. v. !., VOL. XI. PORTLAND, OltEGON, SATURDAY, APRIL 13, 1907. KO. 51. I" 7 jiVjW V toe ri75r national bankofkauspell KAUSPELL, MOHTAMA I). K. PEELER, I'rcs., F. J. LRBERT, V. I'fCf.. R. E. WEBSTER, Caih., W. D. LAW80N, A. Cash. Transacts a general banking buslnen. Drafts Issued, available In all cities of the United Etatos md Kuropo, Hong Kong ami Manila. Collegium made on favorable terms. LADD A, TILTON, Bankers Portland, Oregon Kstablliihcd in IBM. Transact n Ooncrat Hanking Business. Intorest allowed on tlrao de posits. Collertlons made at all points on favorablo terms. Letters of Credit issued avallablo in Kuropo and the Eastern Htates. Bight Kxehnngo and Telegraphic Transfers sold on New York, Washington, Chicago, 8t Louis, Denver, Omaha, Han Francisco and various points in Oregon, Washington, Idaho, Montana and British Columbia. Exchange sold on London, 1'arls, Derllu, Frankfort and Hong Kong. UNITED STATES NATIONAL BANK OF PORTLAND, OREGON. J. C. A1N8W0RTH, I'residont. W. 11. AYER, Vico-Presldcnt. a. m. wmuiu. Assistant (junior. Transacts a general banking business. Drafts Issued, avallablo In all cities of the United States and Kuropo, Hong Kong and Manila. Collections made on favorable terms. MOMHWEST DORMER THIRD AMD OAK STREETS. NEWS OF THE WEEK! REDUCE HARRIMAN. POWERS. In a Condensed Form for Bosy Readers. Ou R. W. SCUMEER, Cashier THE -PENINSULA BANK hns, que. Capital, fully paid up, $25,000.00. Surplus and undivided profit, $3,000.00. Commenced Business June 5, 1905. OFFICERS: J. W. FORDNEY, President! R. T. PLATT, Vice President; C: A. WOOD, Cashier. OARD OF DIRECTORS! J. W. Fordney, It. T. Piatt, F. C. Knapp, W. A. Drawer, II. L. Powers, Thos. Cochran. M. L. Holbrook. U. A. Wood. "Oldest Hank In the State of Washington." DEXTER, HORTON & CO. Capital 1200,000 RA.1XIIef F?f92 Surplus and undivided Deposits 17,530,000 DArllVEirCO r profits, 1428,000 Accounts of Northwost Pacific Ranks solicited upon terms which will grant to them the most liberal accommodations consistent with their lalancci and responsibilities. Wm. M. Ladd, President; N. II. Latimer, Manager; M. W. Pe.crson, Cashier. Beaitle, Washington. THE FIRST NATIONAL. BANK OP PORT TOWN8BNO Established IBS?. Collections promptly made and remitted. HAPPENINGS OF TWO CONTINENTS A Returns of the Less Important but Not Less Interesting Events of the Past Week. FIRST NATIONAL BANK Capital S00,000 Of PORTLAND ORECQON Surplus, 01,000,000 Depoaltast, 13,000,000 FIRST NATIONAL BANK of NorihYmkknm, Wmmh. OmmMml Met Suemt-m $1SO,OBO OO UNITED STATES DEPOSITORY W.M LADD President CHAD. CARPENTER Vice President W. L, 8TEINWE0, Cashlor A.R.CLINE Assistant Cashier FIRST NATIONAL BANK Vt alia Walla, Washington. (First National Bank In the Btato.) ' Transacts a General Banking Business. CAPITAL 1100,000. SURPLUS 1100,000. LEVI ANKENY, President. A. 11. REYNOLDS. Vlco President. A. R. RURFORD, Cashier THE NATIONAL BANK OF COMMERCE TAOOMA, WASH. VHITED STATE DEPOSITARY s0kmi $aso,omm surmhm $mss,oos SAVIMSS DEPARTMERT OFFICERS Chester Thome, Pretldent; Arthur Albertson, Vice President and Cashier; Frederick A. Hlce. Assistant i.'ashler; Delbert A. Younr. Assistant father. JNO. C AINHWORTII, Pres. JNO. & BAKER, Vice Pres. P. C. KAUFKMAN, 2d Vice Pre. A. U. PRIOUARD, Cashier. F. P. HASKELL, JR., Assistant Cashier. THE FIDELITY TRUST COMPANY 13ANK General BanUae CAPITAL AND SURPLUS, $390,000 Safe Deaeek Vaefta SAVINGS DCPAHTMCNTi Interest at the Rate of s per cent per Annum, Credited Semt-Annualljr . TAOOMA. tfVAmtlNOTON 'ALFRED. COOMDOE, Wet ' A. F. MeCLAINE Vice Pres AARON KUIIN, Vice Pres. CHAB. K. SL'KIBER, Caihttr. D. C. WOODWARD, Astt. Cashier. THE COLFAX NATIONAL BANK of Oolf mx Wmmh. Ommltml, tiao,000.00 Transacts a general banking business. Special facilities for handling Eastern Washington and Idaho Items. VANCOUVER NATIONAL BANK Vancouver, Wash. Leading Financial Institution in Southwestern Washington UNITED STATES DEPOSITORY CAPITAL, 150,000 SURPLUS, S50.000 ASSETS. $1,000,000 LEVI ANKENY President; E.O. CRAWFORD, Vlco President) W. P. CONNAWAY, Cashier DIRECTORS LovlAnkenr, Harry Ladd Corbctt, W.P.Crawford, E. 0, Crawford, W.W.McCrcdlo The Union Pacific will make a tost caso of tho Nebraska 2-cent rato law. Butto is overrun with holdup men. Three and four robberies occur a night. A now combine is now under wnv which will control the rubber trado of tho. world. Tho South Amcriran war is bolloved to be over now that tho Ilonduran pres ident has surrendered. Austria and Germany aro to confer regarding their attltudo at tho coming Hnguo peace conference Three Los Angolcs Homo Telephone men aro afraid they will bo indicted by tno nan irnnotsco grand jury. Elovon Japaneso faro to be returned homo from Seattle for coming to this country undor contract. Trains in California havoallrosumed tlioir regular sorvico, as all traco of the recent washouts havo disappeared. Tho Thaw jury has disagrood and been discharged by tho court. A no trial will commenco in October. Tho trial has cost tho county and family juu,uuu. An oiiorc win be ma-Jo to lot tho defendant out on ball. Chicago Ducking house men threaten another strike Union Pacific Director! Ballavn H Has Too Great Control. Now York, April 12. Bomo of tho diroctors of tho Union Pacific railroad favor a matorlal reduction of tho extra ordinary powers conferred upon its president, Edward II. Harriman, which mako tho company a on o-man affair. At present tho executive comtnittoo has ail Iho powers of tho diroctors whon the latter are not in session, and Mr. Harriman has all tho powers of tno executive committee whon Hint body Is not in sosslon. In other words, Mr. Harriman can do as ho pleases, ex cept for tho few minutes onco a week or onco a month, whon tho commlttco is in sosslon. Ho lias a power of attornoy and could soil tho millions upon millions of tho securities of othor roads ownod by tho' Union Pncifle at what price ho pleased, or ho could hypothecate securities, bor row tons of millions upon them from banks and ongaRo in stock market on- orations on n colossal ecato. In the hope of appeasing the Union Pacific stockholders and eliminating tho public distrust In tho securities of the Harriman roads, it is nronoaed to put somo now blood in the exooutivo committee, reorganize tho body and adopt resolutions taking away from Harriman somo of Iho powers FOR OREGON CLAIMS Commissioner Balllnger to Rash Action on Land Patents. HERMANN FLOUNDERS. GREAT WRONG HAS BEEN VONE Assures Senator Bourne That No Mora Claims Will Be Held Up on Mere Suspicion. Mr. which cistn. havo provoked so much oriti- GIVE GOOD REPORT. THE FIRST NATIONAL BANK Moorhad, Mlnnaota tSTABUSHCD 1881 J0IIN LAMB, President DAVID A8KE0AARD, Vice President: LEW A. I1UNT00N, Cashier ARTHUR 11. C08TAIN, Asst. Cashier Intstrcmt Paid on Time Dpoalt FIRST NATIONAL BANK of East Grand Forks, Mian. Farm Loans Negotiated. Firo and Cyclone Insuranao Written. Does a General Banking Busidess. Capital, 150,000 E. ARNES0N, Pres 0. R. JACOB! Cashier 4 Pen Gent lntreat Paid on Time Dwpoatlta THE FIRST NATIONAL, BAINK OP DUL.UTH, MINNESOTA. CAPITAL, 0OO.OOO SURPLUS and PROFITS I.IOO.OOO U S. Oovrrimnt Depositary Wet Solicit Your Bue)lneaw QEORQE PALMER 1'resldent f. L. MEYERS , Cashier OEO. L. CLEAVER W. L. URENH0LT8 Asit. Cashier Asst. Cashier La Grand National Bank lAJ&S Ommltml ssef Surmlmm, $110,000 DIRECT0R8: J. M. Berry, A. B. Cooler, F. J. Holmes, K. M. Ujrrklt, F, L. Keren, Geo. L Clearer, ueo, raimer. A now Anglo-Spanish allianco has been concluded. Morocco is endeavoring to end French occupation of Oudja. Dr. Thompson, M. P., will likoly bo appointed governor of Klondike. President Bonllln, of Honduras, hu surrendered to Nicaraguan Iroops. Lord Cromer has presented cTrwt Britain with his resignation as ruler of Egypt. Senator Burrows says Roosevelt would deolino oven if nominated lor a third term. Topoka, Kan., has set aside a holiday on which tho people proposo to dig up all tho dandelions of tho city. Tho San Franoisco grand jury Is al most ready to turn in a bunch of in dictments ugnlnet millionaires. Tho Kansas attorney gonoral has started proceedings against all brewery companies and whiskey jobbers doing business in tho ctato. Tho Carnegie institute nt Pittsburg has been dedicated. It is to be do voted to fine ails and cost f 0,000,000. Six thousand torts of marblo alone were used in Its construction. The Merchants National Bank: Of St. Paul. Minnesota UNITED STATES DEPOSITORY , Capital, 1,000,000.00 Surplus, 000,000.00 Transacts a general banking bualna Correapondenee Invite OFFICERS KENNETH CLARK, President: OEO. H. PRINCE, Vlco President; II. W. PARKER, Cashier; II. VAN VLECK, Assistant Cashier. DIRECTORS-Crawford Urincston, Kenneth Clark, J. II. Bklnner, Loots W. mil, Geo. H, Prince, C. tl. Blgelow, K.D. Nores, V. M. Watklns, L. P. Ordwajr. F. B. KelloKS, X. N. Saunders. Thomas A.Marlow, w. , parsons, J .M. Uannaford. Charles P. Noye. Our new plant on Front St, bctwMn Seven teenth end Nineteenth Sti., is the most modern Engineerinff Plant on the Pacific Coast Work placed with us will be executed with efficiency and despatch. Tho Ruof jury has not yet boon com pleted, April 0 five inches 'of snow fell in New York. Peary will make another start for the pole in Juno. A new labor disnuto has broken out at Goldfield, Nevada. Ton Denver men have been indicted for selling mining stock In a worthless cave. Governor Glenn, of North Carolina, declares Roosevelt to be tho ureatost ruler in tho world. Governor Folk, of Milloarl, has call ed a Bpecial session of tho legislature to pass anti-gambling laws. Six automobiles are being built in different parts of the world to uso in attempts to reach the north polo. Secretary Taft believes It will bo impossible to restore the government of Cuba to iU people before July 4, 1008. The Canadian minister denies that a tieaty is being negotiated by the Unit ed States and Great Britain concerning (he boundaries between Canada and the United States. An army officer is to ride one of Dav enport's Arab horses from Portland to New York. If its staying qualities shownp better than those of American bones a change may be made in caval ry mounts. Taft and Commlngs are Rooevelt's ticket for 1906. Delmas has begun his argument to the jury in Thaw's defense. The English house of lords is not disturbed by the move to abolish them. Jacob Biis, a lifelong friend of the president, aay s a third term will posi tively not De accepted. The warehouse district of Harbin, Manchuria, has been destroyed byro. The loss is placed at $2,000,000. Congressmen Say Work on Canal Is Progressing Rapidly. Washington, April 12. Chairman Tawnoy, of tho houso commlttco on ap propriations and Roprcsontatlvo Olcott, who havo recontly roturnod from a visit to tho isthmus of Panama, today dis cussed with tho prosldont conditions as thoyvfound them. Mr. Tawney is favor ably impressed with tho progress 'being made In tho canal work, and tcld tho president ho thought that at tho pres ent rate tho waterway should bo com pleted in fivo years. He said lie regarded it as unfortunate that the engineering world had been representing to the people that an al most Imnosilblo cncrlnnerlnir nrnVilnm confronted it. Tho principal conditions now to be met, ho said, wore thoso of sufficient railroad canacltv to take caro of tho diit excavated, and sanitation with the view to keenina tho nlaco in a good, healthful condition. Mr. Tawnoy also diwussod with tho prosldont questions affecting congres sional appropriations for canal work, and it is likoly somo legislation bear ing on the subject, will bo recommend ed to congress an the result of tho visit to tho isthmus. PREMIER DEFIED BY PUBLIC. Oath- Questions Authority to Forbid ring of Statistics. 8t. Poteriburg, April 12. Promler Stolypln, In attempting to limit the competenco of tho lower houeo of par liament by forbidding Its committees to obtain statietics from tho Zomstvos arid avail themselves of outsldo export ad- vloo, has been doflod by the public. President Golovin had written a curt lotter to the premier asking him on what grounds and under what law ho is entitled to address such demands to tho imperial parllamont. Tho law, M. Golopln says, contains a paragraph au thorising tho lower houso of parliament to interpellate tho government but no wheio was thero a reciprocal right on tho part of tho mlnistrs. Tho actions of President Golcvin and tho budget commlttco wore taken after a long conference between tho president und leaders of all tho parties In parlia ment except tho extromo right, and brings the Issue squarely before the cabinet. Tho discussion of tho budget in com mittee is expected to last from lour to elx weeks. Tho estimates probably will be accepted, with minor changes by tho houso, when presented. Obey Colorado Laws. Denver, April 12 Insurance Com missioner Rittenhouee, who has been in Indianapolis for several days confer ring with the officials of the State Lifo Insurance company, of Indiana, whoso license to do business in this state was rovoked recently, telegraphed State Auditor Btatler yesterday to issue a now license to the company, which was done. The company agreed to abandon its plan of issuing stock to policyhold ers, which was construed as a violation 01 mo biu iw, resulting in tneir per mit ueing cancelled. Navy ts Have Four Bases. Shanghai, April 12. It is said tho organised navy of China Is to have four bases, one on Chang Chow island, one in the Miao Tao group, a third in the Chusan archipelago and a fourth on Hainan island. The scheme Involves tho outlay of 12,000,000 taels annunal ly for the construction ot new moderate sized armored cruisers a number of tor. pedo boats Md docsa submarines, Washington, April 13. Land Com missioner Ualllngor today assured Son ator Bourno of his intontion of "raisins flin llilll In rk.... ! 11.. 1 L- v.iu ... ..a vm-guu, uiunuiug iiihi X1C intended to tako up and pass all valid public iand entries that havo long boon under suspension in that stato. A great many entries were held up uy tno 01a aumtniBiration on moro sus picion that thorn was tomothiutr croak. od about thorn. Thero was no actual evldcnco of wrongdoing or wrong- in tent on tho part of those ontrymon. Mr. Balllnger will nass to natont evorv Oregon entry which, unon examination. appears to bo mado in good faith,, and tnoso ontrios that aro irregular or show evidonco of fraud will be examined as promptly as posslblo and appropriate action taken. Mr. Ballingor agrees with Mr. Bourno that Oregon has suffered un justly in Into years, nnd ho is willing to do everything In his powor to placo tho state on tho samo footing with all othors. Ho has hopes of disposing of all pending entries during tho coming summer, nnd it is his expectation that a groat many will pass to patent In tho noar future Tho commissioner is rantdlv nuttlno tho land office on a sound business ba- bIb, he himself working until midnight ovcry night at reorganisation. Hois dotoimincd to mako tho land office a thorough business institution and bring its woric up to uato. DOLLAR SAVES A LIFE. Testimony While on tho Stand Makes a Poor Showing. Washington, April 10. Binger Her mann literally wont to pieces yesterday afternoon when subjoctod to cross ex amination by District Attornoy Bakor. Whoro proviouo'.y ho had boon calm nnd suave, though sometimes ovnsivc, ho frequently oxhibitod temper, whon pressed with ombarrassing questions, and repeatedly avoided giving direct anBwors to questions put to him by tho prosecuting officer. When nlnnod down ho mado sovoml roluotant admis sions that tolleotcd anything but credit upon him. At other times, though confronted with documentary evidence showing what the district attorney styled violations of tho law upon his part, Hermann repeatedly denied all guilt and undertook to explain away transactions which involved him In va rious land deals. Tho most pltlablo feature of Hermann's explanations was that they did cot explain. Altogether Hermann showed up in an extremely bad light. Unless ho im proves whon tho bulk of the cross ex amination is conductod, it is ovidont he will havo dono his causo mora. in jury than good by going upon tho stand. Hermann was asked if he had recom mended Maya' appointment as district attornoy. He had no recollection of taking such action. Whon tho docu ment was produced showing a joint re commendation o! Mays, signed by Mltcholl, Dolnh and Ilormann. tho witness vividly recalled tho crlourn-stances. MAKE HARRIMAN ANSWER. for America Urged to Qlve 3,000,000 for Chines Sufferers. Shanghai, China. April 13. Tele grams received hero from 20 points in tho famine district reported that the conditions aro growing worse. Tho Chlnoso government and people, up to date, havo contributed more than four million dollars for famine relief. and tho sums received from all iorelgn sources total Half a million dollars, including tho supplies on their way from Amorica. Tho relief commlttco hero is prompt ly sending supplies to tho front, but the funds are not yet in its possession, Measures adopted up to dato aro inado quato. Ten million persons are suffer ing from lack of food and facing starva tion. A dollar, tho relief committee re ports, will savo ono lifo until tho har vest, Juno 25. and $10,000,000 Is need. od. Tho wholo amount cannot be raised in China. Tho situation is (des perate, and Americans aro uruod to glvo 13,000,000 in tho next throe weeks, not for Christian, but for hu- manitarian works. It Is suggested that it wouiu bo best to cablo money to the consul here, James Linn Rodgors, as supplies can bo purchased In Shanghai. SANTA FE MUST STAND TRIAL. Commerce Commission Will Ask Order From Court. Washington, April 10. According to a decMon reached by tho Intcistate Commerce commission today, E. II. Harriman will ho made to appear 'in the Unftod States Circuit court in Now York In answer to proceedings to com pel him to answer certain questions which ho refused to answer when lie was on the stand at tho recent hearing by the commission In New York. The action will be brought as soon as Messrs. Kellogg and Severance, special counsel, can prepare the case for court. The hearing at which Mr. Harriman appeared was in connection with certain transactions of the Union Pacific. On advice of counsel lie refused to answer tho questions put to him. It was brought out in the testimony that tho Union Pad do ownod a large amount of Southern Paolflo stock. Mr. Harriman was asked whether any and, if so, how much of that stock belonged to him solf, when he bought it and what prlco ho paid for It, but ho declined to an swer. Another question which he refused to answer and that on which the commis sion desires light was whether or not any of tho diroctors of tho Union Pa cific woro Interested In tho salo of cer tain shares of stock of tho Now York Central railroad at the time thev wero Bold to thu Union Paolflo. DAY SPENT IN CONFERENCE. Judge Welborn Declines to Quash In dictments for Rebating. Los Ani?oles, April 13. In n longthy verbal opinion, Judge Olln Welborn, in tho United States District court, de clined to quush tho Indictments against tho Sunta Fo Railroad company for al leged rebating, and Iho company must stand trial upon 05 soparato counts. Judgo Wolboni's opinion reaffirmed tho doctrino sot forth in tho American Tobacco company caso, that a corpora tion Is not a person, as defined in tho fourth and fifth amondmonts to tho constitution of tho United States, and muy bo compelled to givo teatlony tend ing to incriminato itseli. Judgo Welborn guvo tho defendants permission to fllo u demurrer, if they desiro to do so, by April 22, Buy Off Canadian Sealers. Ottawa, Out., April 13. Sir Mac kenzie Bowoll, In iho Bonuto today, read a cablo dispaU-h from Great Brit ain saying that an agreement had been reached bolween tho United State, Great Britain and Canada, whereby Canada agreed to givo up doep sea scal ing rights for a'monotary consideration. Mr. Scott said in reply that, us far as tlie Canadian government know, noth ing had been dono toward abrogating the agreement made two or threo years ago as to mo seal iisners. Smuggled Japanese Caught. El Paso, April 13. Inspector Shu mooker, In charge of the Immigration office here, received a telegram today telling of the capture of eight smuggled Japanese. Five were caught at Fort Worth, one at Pecos and two at Albu querque, They had escaped across the border east and west of tho station, Nicaragua Makes Counter Proposi tion to Salvador and Guatemala. Washington, April 10. A day of conference between Iho Central Ameri can representatives hnro In their efforts to reach a basis for peaco had no marked results. Having deciphered tho cablo rcsponso from his own gov ernment to tho propositions submitted to him yesterday by tho representatives of Salvador and Guatemala, Sonor Corea, tho Nicaraguan minister, called today' upon Sonor Crool, tho Moxlcun ambassador, who had taken tho part ot mediator, und acquainted him with President Zolaya's answer. This iniulu necessary further conferenco, which fact was taken us an indication that tho Nicaraguan rcsponso was In tho nature of a counter proposition, Messrs. Coreu and Crool then re paired to tho Stato department to con fer with Secretary Root und Assistant Secretary Bacon. Tills conferenco also advanced mattors only so far as to puvo tho way for anothor confoience, which was held latu In tho afternoon between Messrs. Creel anil Corea and HorrnnUi and Mojia, the latter two represent lug uuatemuia and Salvador, respectively. Standard's Rival Indicted. Topoka, Kan,, April 10. H. H. Tucker, J;., secretary of tho Undo Sum Oil company, with headquarters in Kansas City, was indicted by the Fed eral grand jury this morning on tho chargo of using tho mallH to defraud. His urrest at Kansas City, Kan., fol lowed a writ of capias having bvon issued. Tho ponalty on conviction msy bo either a fine of (5,000 or im prisonment for five years. In Febru ary, 1005, Mr. Tucker organised tho Undo Bam Oil & Rofinery comiNiny and Incorporated under the Arizona law. - Texas to Close Bucket Shops. Austin, Tex. April 10. Both branches of the Texas legislature today passed a bill prohibiting tho operation of bucketshops, cotton exchanges or any dealings in futures In Texas. eVjf fct m 11 7l '. '4. .r - n ' i..ii'W .. . .im.ifti.wi.inairaiM iiiiiuuwinv?f2CXf' -.. "3a, - , irjA