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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 1, 1902)
:Xb - I " ''r-i 10 THE MORNING OREGONIAN, SATURDAY. FEBRUARY 1, 1902. ' VAST FINANCIAL PLANS REPORTS OF DEALS BY GREAT BANKING INTERESTS. Wall-Street Theory That "Standard OH'' and 31orKHit-HIH Interests Are Strength en ini l'onltiona. It was reported yesterday that plans were well advanced for an alliance ol huge banking Interests, say6 the New York Journal of Commerce of January 22. According to one report the plans were "something In the nature of an alliance between banks, trust companies and In surance companies, with the Prudential and Equitable Companies prominent in the arrangement. It is understood that the "Western National Bank, the Mercan tile Trust Company and the Steel Com pany will be represented In the manage ment. It does not appear to be so much a. matter of control as of an alliance for mutual advantage." While these reports lacked definlteness and indeed actual contlrmation, they at tracted considerable attention in Wall street. The combination indicated in the above paragraph refers chiefly to so-called Standard Oil interests. The inclusion of the Steel Corporation seems somewhat at variance with Wall-street ideas, as this company, it is generally thought, would make alliances in another direc tion. There has for many months been a growing suspicion In a large part of "Wall street that there was a lack of har mony between the two largest groups of capitalists, namely, the Standard Oil interests on the one hand and the so calkd Morgan-Hill interests on the other. The banking Interests of these two pow erful groups Include not only several ot the most important banks and trust com panies, but involve the great life insur ance companks, to say nothing of the great railway and industrial corporations, whose resources, through the medium of hank loans and exchanges, can directly or indirectly to some extent be used to further the ambitious projects or defend the huge interests of ihceo leaders of finance. To describe or ever to Indicate in .'nything like detail the connections of these two groups would be a task of great difficulty, owing to the ease with wh.ch large Interests can be concealed from public view by the .use of representa tive"; on boards of directors and in other capacities. The principal banking alli ances of the two groups, however, may be roughly designated as follows: BANKS. Morgan-Hill Capital. 'Deposits. Tjit-t N'ntlonal $10,ikm.i00 $ 71.:23.2y0 ?at Hank of Com HMiMI.h)0 GJ.tlM.HOO Chase National l.lMO.ooo 5"-'.4yi,000 Total Sta- '.arcl Oil Group 5Cainn. ' Clfv Tlnnlr .$21.tK0.0K) S16a.354.4W .?1(I.OOO,000 S122.910.00it . 2.ioo.(Kt 43,rt::s..'HK l..irt.Ovtrt ttjw'i.'Jwi . :t.oiH.oK) r4.n:i2.Tou :!o..ih)'j i3.io'j.oo .iiki.ooo y,472.:too :;k.i'm) io.2h.ooo ::o,i.hmi 1.5'fu.ooo :mm.oio 2.700.oou 21(0.000 437.100 "f-tcrn N'ntlonal Hank. atlcni;! Citizens' Bank. Han ?r National ldno!n National 3Janl- of th Metropolis.. Seooni National Nat 2 HutclKTH & Drov.. Oolu- lila ride.it Total i.OOO $205,780,700 A' erage deposits as er laK-st bank state ment. TKUST COMPANIES. Morgan-Hill Capital. Surplus. N. Y Stc. Trust Co...$l.iMUtX $3.eHM.i"00 Manhattan Trust Co l.uoo.ion l.Oio.OCM) Hudson Trust Ct r.i0.O0 500.000 Total $2..V)(i.o00 S4,500,00) Stardaid OH 1n!tf-d Sr.ites Trust Co. $2.'CK 000 $10,000,000 V. S Mort & Trust Co.. 1!.00 ix0 2.7.V.000 Cent I!alty I & T. Co. I.ooo.ooo .rio.o00 Here- utile Trust Co 2,O(Ht.oi0 4.H)0,orto Fan ors' Lonn & Tr. Co.. l.itoit.OOO Ci,44i.24S Guaiunty Trust Co 2.000.000 4.:iOO,Ooo Tou-1 $10,000,000 2S.1O0.248 Surplus fund on June :w. 1001. It "s not intended :o imply that control of all thest Institutions is actually held tv the respective groups through stock c.vncisliip. On the otln-r hand, this list by no means includes all the trust com panies with which the two respective groups are in one way or another con nected. The Hms above given, however, do. It i be Hove-1, indicate those banking corn, anics hl.,i are in sufficiently close correction with the two groups of cap ital stf as to warrant their inclusion un det the- designation of allies. Life Itihtiruiiee Companies. As to the great life insurance companies, thete are to a large extent independent; nevertheless, it is tas to see that the connections of the New York Lif Insur ance Company are rather with the Mor-gar-IIi 1 party. On the first of the year it will be recalled, announcement was made that the New York Security & Trust Compuny had been sold and the additions to the directorate indicated clearly that interests friendly to Mr. Mor gan had obtained a large if not controlling interest in that intuition. The New York SecJiity & Trust Company was formerly own'd by the New York Lite Insurance Company. Its cah deposits with oanks and trust companies, as shown in the last statement, were SS.CS5.0CS, thi presumably representing in considerable par., funels of the New York Life In surance Company. Th Important state ment was made in connection with this transaction, however, that New York Lire Insurance interests would retain a share in the management of the institution. This would apparently mean that the enormous banking business of the New York Life Insurance Company will, to a greater or less extent, be conducted to the advantage of the Morgan-Hill inter ests The deposit, of the New York Life Insurance Company on the first of Janu ar in banks and trust companies were in excess of $20,000,000, which. It will be at once appreciated. Is no inconsiderable sum. The Standard Oil Interests, on the other hand, have a considerable voice in the Equitable Life and apparently in the Mu tual Life. Should the current rumor In refererce to the Preudential be correct then one of the other largest life insur ance companies would be added to this list. wh'Je in addition it would bring in the Fidelity Trust Company of Newark, with a capital of $1,000,000 and a surplus fund of over $1,500.00). Incidentally It may be worth noting that Equitable Life interests are already identified with the Fidelity Trust Company. It will be recalled that In the bank elec tions last week six new names were added to the directorate of the First National bank. Of these six new mem bers four, viz.. J. Pierpont Morgan. James J. Hill. D. Willis James and James A. Blair, are distinctly "Morgan-Hill" men. while the addition of W. H. Moore, or ganizer of the National Biscuit and sev eral steel "trusts," and James J. Mitch ell, president of the Illinois Savings & Trust Company of Chicago, is generally regarded as indicating that these large Interests are more or less allied with the "Morgan-Hill" group. The Illinois Sav ings & Trust Company is the largest Western banking institution. At the same time President Baker of the First National Bank was elected a director of the Chase National, in which James J. Hill already had a large Interest, while Colonel Lamont of the Northern Pa cific Railway Company was elected a di retocr of the Manhattan Trust Company, in which Mr. Hill is also Intersted. CJinrle "W. JIore' ItnnUn. The greatest Interest is evidenced in the recent purchase of banks or of Interest In banks by Charles W. Morse, former president of the Ice Trust. Mr. Morse now has extensive holdings in the follow ing banks of this city. Capital. Deposits. Mercantile National $1,000,000 $15,679,300 New Amsterdam Nat'l.. 250.000 S.175.000 Natioral Broadway l.OOO.OOO 5.960,C03 Bank State of New York. 1,200,000 2.15S.500 Garfieid National 1.000.000 7.409.200 Nat'l B"k of N. America. 1,000.000 12.025.000 Twelfth Ward 200.000 1.713.000 Nineteenth Ward 200.000 1.S21.000 Gansevoort Bank 200.000 1,2C1,.VK) Varlck Bank 100,000 783,700 Total $6,150,000 $5G,S37,400 It has heen reported that Mr. Morse has been acting for National City Bank interests. Mr. Morse was quoted on Saturday as 6aylng: ."It is not true, as has been alleged, that National City Bank Inter ests were behind me In these purchases. I am acquainted with Mr. James Still man, president of that bank, and esteem him as a very able man. It was because of my confidence in him personally that I invested in the stock of his bank sev eral years ago. ant: I have every reason to congratulate myself upon the pur chase. I suppose that the Interest of Mr. Bedford of the Standard Oil Company may have caused the rumor that Mr. Rockefeller was acquiring bank stocks through me, but that also Is untrue." Murmurs of friction between the two groups of capitalists referred to were heard even before the famous Northern Pacific controversy and the panic which resulted from the struggle. The May panic and. more particularly, the suc ceeding difficulties In inducing the public to again enter the stock market, have seriously interfered with the plans of some of the largest capitalists who had vast consolidation schemes on hand, and there is a well-dcfiined feeling that, de spite the apparent harmonious settlement of that difficulty by the organization of the Northern Securities Company, there Is, nevertheless, an undercurrent of hos tility between the two rival Interests. The tone of some of Mr. Hill's re cent statements on the Northern Securities Company has lent much color to this view. The Amalga mated Copper episode and the decision of the St. Paul directors not to Increase the dividend on the common stock are also frequently cited as fur ther evidence of lack of co-operation, especially since these develop ments occurred at a time when the Mor-gan-HHl interests were apparently ear nestly endeavoring to create an active speculation at advancing prices. How thoroughly the Amalgamated Copper scandal, with other developments, has prevented the success of any sucn plans is too well known to require mention. In short, there is a feeling on the part of a large element of Wall street that these two powerful groups of capitalists have been gradually ranging themselves in op position If this theory is true it would be nat ural to look at once for some movement toward strengthening the financial posi tions of the respective groups, notwith standing their already enormous re sources. It Is not difficult to find in the developments above recited much that is suggestive of such a movement. There has been a popular impression ever since the National City Bank which is dis tinctly a "Standard Oil" bank increased its capital to $10,030,000 that that bank was aiming to get a prestige In Ameri can banking operations which would give it a position comparable to that of the Bank of England in Great Britain. The National City Bank has for a long time boasted the largest deposits of any bank in the United States. Its net deposits, as shown by last week's bank state ment, were $122,914,000. while those of the First National Bank, which stood next in this respect, were $71,925,000. The in crease of the National City Bank's capital to $10,000,000 was viewed with some concern, according to popular belief, by the Morgan-Hill Interests. At any rate It was not long afterward that the National Bank of Commerce, of which Mr. Morgan Is vice-president. Increased its capital to $10.0iy.000. while last year the First Na tional Bank also increased its capital to the same figure, thus making three "ten million dollar" banks In the city, of which the Standard Oil party controls one and the Morgan-Hill interests two. WALL STREET A NECESSITY. The Rev. Minoi .1. Savnpre Says It Ii Absolutely Essential to Commerce. Chicago Inter Ocean. New York. The Rev. Minot J. Savage, at the Church of the Messiah, gave his views of Wall street, and they were not of the kind usually heard when the street is referre'd to in the pulpit. "I wish, for the sake of the definition as to what constitutes gambling, to ven ture to talk a little about Wall street. I hear Wall street refenvd to constantly as a place of indiscriminate and univer sal gambling, and the danger is that young men will cite Wall street as an example and excuse for their gambling. "What is Wall street? It Is an abso lutely essential thing in a great commer cial civilization. The work of the modern world could not go on without a Wall street; it Is the great measurer of values; properties all over the world are listed in a center like that, and they are measured against each other and their actual value ascertained. Then it is a great market, an essential market that the world's work may be carried on. Property in Oregon, property In Central America, property In South America that could find no market In Oregon, Central America or South America may find a market In Wall street: and so the world becomes open to the great beneficent transactions and PROPOSED NEW YORK STATION OF THE PENNSYLVANIA RAILROAD. I When the tunnel under the North River is completed, the Pennsylvania railroad will land its pasngers In the new station, which will -extend from Eighth to Tenth avenue, between Thlrty-flrst and Thirty-third streets. The tracka will be below the street level, as the tunnel road will continue to the Long Island City terminus of the lyong Island Railroad, directly across Man hattan Island. Elevators will take pasbengcra to the street level, and the waiting-rooms will bo on the floor above. Trackage facilities will be sutllclcnt for the handling or all passenger trains run Into New York. The other floors of the tall bulldlnr will be used for the executive olllcers In charge of the New York business. s i, exchanges which make up the commerce of the civilized world. "Through the great combinations of cap ital which' are possible in Wall street en prises are entered upon and carried out that it would be impossible to put through in any other way; and the brokers that carry on these enterprises are inestimable public servants. The great things for which Vt all street exists- are not gam bling; they are legitimate, and in every way necessary to carry on the processes of modern civilization." Fred AV. Mulkey In New York. NEW YORK, Jan. 30 Frederick W. Mulkey, member of the Portland City Council, who has been In New York for two months, left tonight for the South. He will visit the Charleston Exposition and New Orleans. He expects to return home February 15. Insanity Charge Kails. SALEM. Or.. Jan. 31. A. H. Damon, a Salem expressman, was this evening ex amined on a charge of Insanity, and was discharged. The American peanut Is In successful com petition with those of India and Algiers in j the French market. ANOTHER ANTI - MERGER NORTHERN' PACIFIC STOCKHOLDER SUES HIS COMPANY. Allesrc That All Proceeding TaUrn in Fnrtliernncc of Consolidation AVere Fraudulent. MINNEAPOLIS. Minn.. Jan. 31. An other suit In the state court here against the parties to the Northern Securities merger was started today by the filing of papers In the Hennepin County District Court. The plaintiff in this case is John B. Marquand, a stockholder In the North ern Pacific, and he sues that corporation. Charles S. Mellen. Its president, and all the directors. His attorneys- are the same as those In the Peter Power Injunction ' EDWARD H. I I t ssfefh ' ' - ' -- - iV " ! i sat " L.ndKK RAILROAD STAGNATE 'WHOSE PORTRAIT IS HARD TO GET. No man of prominence has bon more successful than E. II. Harriman In keep ing his portrait from the public About two jears ago somebody pot hold of an old photograph representing: Mr. Hatrlmnn with his hat pulled down over hi? eys In the guise of a racetrack tout or a Bowery toush. That picture has pone thfe rounds, and It was impossible to get a better one Into the public prints. But when Mr. Harriman was In Chlcatro lat week a newspaper artist caught a good view of him. and made from life the sketch here reproduced. case, and the more recent and similar suit against the Great Northern. it Is aheged. In the bill of complaint, that all the. proceedings taken In further ing the consolidation are fraudulent, since the plan i a conspiracy. It is charged that the roads are already combined, and the court is sisked to adjudge all measures taken thereto fraudulent and Invalid, and to enjoin the registry of stock of the Northern Pacific transferred to the North ern Securities Company. The court Is also asked to forbid the payment of any divi dends on such stock until the case is set tled. The defendants are given 20 days in which to answer. The Anti-Mcrjccr Stilt. NEW YORK, Jan. 31. George Alfred I&mb. the attorney In charge of the two suits filed against the Northern Securities Company, will leave Saturday for Minne apolis to take up his work at the hearing in the Power case set for next week. Mr. Lamb stated that arrangements have been made to examine President Hill on Wednesday next. Attorney Limb is having a commission er appointed to take testimony In the second suit filed against the Great North ern. He bellevea that this commissioner will examine J. P. Morgan and other finan ciers who took part in the formation of ihe Northern Securities Company. "The effort to bring the case before the United States Supreme Court," said Mr. Lamb, "will, I am sure, be thrown out because that body has no jurisdiction in the case. In my opinion It will have to be fought out In the state courts." ROCK ISLAND COMBINATION. Relations "With J. P. .Morgim, but "What Are Theyf CHICAGO. Jan. 31. The election of I three new directors- of the Rock Island and its connection with the First Na tional Bank in New York have created Record-Herald, the alliance with the First National Bank interests is taken as sig nificant. W. H. Moore was recently elected a director of the bank, and J. P. Morgan controls It. These facu have led to the supposition that a new railroad alliance ha? been formed. This being the case, the Hill-Moore combination with the i Northern properties and the Burlington j and the Morgan-Moore syndicate with the j Rock Island in the Southwest are in a position to make an Interesting light. Recently the Rode Island entered into a traffic arrangement with the Southern Pacific for the exchange of traffic at El Paso, and It was- stated at that time that the arrangement was entirely satlsfac- tory to the Rock Island. The Record Herald intimates a connection between El Paso and Los Angeles Is likely, thus giving the Rock Island a road to the Pacific Coast- The company Is also figuring on many important extensions in Texas, Oklahoma and Indian Territory, and It is rumored that the Burlington. Cedar Rapids & Northern will soon be taken over and operated aa a division of the Rock Island. Tunnel Scheme nounm Real Estate. NEW YORK, Jan. 31. Reports of the organization of a new cempany to be known as the Union Terminal Company, capital $10,000,000. to build railroad tun nels across Manhattan from New Jersey to Long Island, under Fourteenth and Forty-second streets, have caused another burst of activity In real estate, says the World. Counsel for the new company has an nounced that, while no actual purchases have been made, $11,000,000 worth of prop erty along Fourteenth street has been HARRIMAN. pledged by the owners in the form of "consents" to support the tunnel scheme. Clianprc In HurlliiKton Trcartury. CHICAGO, Jan. 31. James G. Peasley, since 1SS2 vice-president and treasurer of the Chicago, Burlington & Quincy R. It. Co., and treasurer of the new Chicago. Burlington & Quincy Railway Company, the lessee of all the Burlington properties, has resigned to take effect today. Mr. Peasley entered the service of the old Burlington and Missouri River Railroad in liC2 as station agent at Ottumwa. In. He says that after a sufficient period of rest and recreation he will likely take up some less- exacting business, being in his C2d year. Mr. Peasley will be succeeded by Mr. T. S. Howland, who has been secretary of the Burlington Company at Boston. He Is now assistant treasurer. His head quarters will be at Chicago. Itock Island's New Line. KANSAS CITY. Mo.. Jan. 31. The Chi cago. Rock Island &. Pacific's new line to El Paso was completed last night, when the last rail was laid at Pecos River, in Texas. The new line will. It Is stated, be opened for through traffic within 30 days. LincK for Republic Compromise, SPOKANE, Jan. 31. A special to the Chronicle from Republic. Wash., states that a compromise his been reached be tween the Kettle Valley Railway and the Great Northern and an agreement signed by the rival companies which have been fighting over building lines to Republic. The injunction suit has been dismissed. Takes Over Seattle & Northern. SEATTLE, Jan. 31. Under the terms of an option secured by the Great Northern Railway, that line takes over the opera tion of the Seattle & Northern road today and later may purchase its entire capital stock. The Seattle & Northern runs be tween Anacortes and Rockport, a distance of 5i miles. New Depot In Chicngro. CHICAGO, Jan. 31. A permit has been issued for the terminal station of the Lake Shore and Rock Island Railroads, in this city, and the estimated cost given te $2,000,000. The entire improvement consists of the deoot and office building, the train shed, and a power-house. Hurlinscton Extennlon Stopped. GREAT FALLS. Mont., Jan. 31. Orders have been received here directing that work be suspended on the Burlington ex- tension from Billings, which Is intended to connect that system with the Great Northern here. NEW NATIONAL GUARD LAW Bill In Confront "Will Place State Troops on Elllelent BnI. . Brooklyn Eagle. A bill which will harmonize the rela tions between the regular Army ami the National Guard has been prepared for presentation to Congress. This measure has been elrafted by delegates to a con vention of National guardsmen which but recently closed Its sessions In Wash ington. The bill has been submitted to the President and to the War Depart ment, and has received such official sanc tion as will result in its being sent to Congress as an Aelmlnlstratlon measure. There Is no expectation that any ma terial opposition will elevelop, and that the bill will become law within a reason able time may be considered as as sured. Brieily summarised, the bill gives to the President precisely the same au thority over the National Guard which he is now entitled to exercise; it pro vides for the equipment of the militia with the same ritles and carbines now used, or to be hereafter ued, bv the regu lar Army; it gives to the Governors of the states the right to request that any National Guard organization may be al lowed to take part In Army field maneuv ers or In camp duty and it makes com pulsory tiie granting of ouch requests by the War Department- It provide? for the enrollment of a volunteer force of lOO.'O.) trained men. who shall have served in the regular Army or in the guard and who will be neither organized, armed nor equipped unless ordereel into service; it provieles that In the event of war the. National Guard shall l called Into serv ice after the regulars, but only for home defense: it provides that, if volun teers ar? needed for service outside the Union, preference must be given to any body of National Guardsmen, from a company upward, and if the volunteers from this source are not sufficient to meet the exigencies of the .-ituation then re course may be had to the trained vol unteers; It provides that all citizens of the United Stites who have served In the 'leguSar Army or In the volunteer organizations, or who have attended any course of instruction in any military or naval school, or who have been grad uated from any institution where an Army or naval officer has been detailed as instructor, shall have the privilege ol being examined by Army boards touch ing their qualification for commiss'ons in the volunteer service. Some of these provisions will create a new order of tilings, others will merely serve to retain rights and to define priv ileges which the National Guard already possesses anel which demand attention In any militia measure so comprehensive as this. The determination to equip the guard with the same rifle used in the regular Armv and to give the state regi ments an opportunity to train for field work under the eyes of Army officers and In company with regular troops cannot be too highly commended. The necessity of having rifles of uniform caliber and make used by all troops who may here after be calleel together under our Hag In time of war is too apparent to need advo cacy now. The worthlessness of the large caliber, black powder weapons used by some of the volunteer organizations sent to Cuba furnished an object-lesson which has now borne fruit. Fancy one of our Brooklyn guard regiments going into foreign service In cempany with regulars and attempting to do decent work on a firing line where, say at a range of 00J yards, their .43-callber Springfields were pitted against the small-bore weapons universally used abroad. In that case the regulars would have to keep up the fight alone with their Krag-Jorgensens. And again and this Is perhaps the chief con sideration with ritles of uniform caliber the question of ammunition supply will be greatly simplified. Wc need the security .afforded by the volunteer reserve pro vided for in the bill. The establishment of this resesve will keep always at the disposal of the country a force whose members are able to take the field with the experience and confidence of vete rans. In short, the b!ll Is just what is needed to place the National Guard upon a plane where its efficiency as a military institution will be beyond the reach of hostile criticism. Declines to Hold Him in Contempt. NEW YORK. Jan. 31. Judge Lacombe, of the United States District Court, today denied the application to hold P. J. Mc intosh in contempt for his refusal to tes tify in the suit of the Butte Consolidated Mining Company against the Montana Ore-Purchasing Company. Mr. Mcintosh Is a director of the Amalgamated Copper Company. AcceptM n Baltimore Call. NEW YORK. Jan. 31. Rev. Madison C. Peters, of this city, has announced his acceptance of a call to Emminuel Baptist Tabernacle. Baltimore, Md. He will take mi his new cbnrge Fobrunry 9. EvfrJftvHBa mzmfr;-"wzt &-$ UEi; C22S f?&&g?ce&2 Wap r O.yj laMtA fc-i I !- I rtrvjt-5l M F i ME ST FLAVOR AND ABSOLUTE PURITY 3 U f A rsl T EL E. C3 cloji fcOkvtxt o-ivco. mmssssEattsass&ssssE. DR.BURKHAX?SVmEftirb0m .1) DAYS'TEEATMHrIT nrVAer.ts.v"r- , WitmR' v K l-U's! .?' mis ' &$Z&ZZM&ft&2&E fir nv .It.tVtt tha TruTlrtrl K- nf Tw nitvi . ' Vgetable Compound is to often miss an oppor i tunlty or beinsr cured of d'sease. ThU famous amf. Catarrh. Malaria. Bad Taste In the Mouth, Headache. Dlzzlnes and Rheumatism. 10 dajs' treatment fiee. All druRglsts DK. AV. S. Ill RICH RT. Cincinnati. O. WTteFwM X.-.F'e?& jy'-7VJ-J(.'&i;lK! $1 Pn3 a S s& IIS c& A 3 k.5aS3sSS'.SSsB Pf Pi I4b .w...y:wj.r..v:.?e,.yr.....3v-j;. "i-'.7 r!r E! Starts With a Cold Catarrh is a lingering- cold which relu.es : l-:J to yield to or dinary treat ment. t ?4 W A '7 w n y $ g? S-rfe 1 A 4?n dfp. Catarrh usually starts with a cold In the head, and if !eft unchecked In th's climate rarl-iy get well of it -elf. As fresh cold i. tiken the distasc- spreads. ge:ting deepVr and deeper, creep ing aiong tiie mueous memoranes trom nose to thro.'.t. from throat to windpipe, from windpipe to bronchial tubes, and from bronchial tubes to lung cells. The mucous membranes all connect, one with another. Hence it is easy to spread from one part to another lined with this same membrane. Thi- is why catarrh in the heaei soon affects the throat, and final ly the stomach Itself, bringing on chronic catarrh of the stomach, which Is a most obstinate form of dyspepsia. Everybody is now well agreed that ca tarrh is a blood dlse-isf. and not a local one, and th- attempt to cure by local ap plications simply gives temporary relief from the purely local symptoms without the remotest effect in Maying the prog ress of tiie disease. There is a new preparation recently of fered to the public that Is apparently destined to do away with every other form of -catarrh treatment. This new remedy is not a secret patent medicine, but is a large, ptoasant-tasting tablet, composed of blood.-jot, red gum, from the eue'alyptus tree, and other valu able and harmless specifics, which are taken Internally anil seem to have a re markable beneficial effect upon the blood and mucous membranes, apparently elimi nating the catarrhal poison from the whole system. These tablets, while being pleasant, con venient and absolutely safe to use, have made cures in long-standing cases of catarrh that are little short of marvelous. They are sold by elruggists under name of Stuart's C:arrh Tablets, and any ca tarrh sufferer who has tried in' ilers. lo tions, ointments, salves, etc., and realized their Inconvenience and uselessness, will fully appreciate the difference between a mere pallatlve and a pei-manent cure after giving Stuart's Catarrh Tablets an impartial trial. AH druggists sell them at 50 cents for full-sized paekage. and no matter where ihe catarrh is located, in the head, throat, lungs or stomach. Stuart's Catarrh Tab lets will surprise you with the effective result of even a few days use. Ms Mission on Earth KNOW THYSELF! As set forth In TIIE GOLD MEDAL PRIZE THEATISE. the best Medical Work of this or any age, for men only, entitled Tha Science of Life, or Ssif-Preservalioii Trentlnfr on Physiol ogr of 3Iarr!aKe, Prematurfj Decline, Manhool, Nervous end Phyylcn Debllltv, Krror of Youth. Excesses of Mature Yean, tmrotencr. Atronhv (watln). Varicocele and All murine and WenlnMr of Men from whateTer cause arlMnff, 3T0 pp., with en crntins. 125 prescriptions for prevailing dis eases, embossed Mnslln, full pllt. ONLYt.OO by mail, sealed. Inferior abridged edition. 25 cents. Get the lir-t. Write for It to-day. The Key to Health and Happiness. Address The IValiody Medlcnl Institute. No. 4 Pulfinch St (opposite IVvere nouse. Bos ton, Mas.s. the oldest and left In this country: established In IS). Author and for more than Thip.tt Years chief ConultIniC Thplclan to tho Institute, graduate of narvard Medical Collece. class lSGt. Consultation hv letter or lnnerson.9 to 6. bunday 10 to L Skill and experience. Expert Treatment. POSITIVE CURE Thne7t JTanuaI, a Vailo Mecum FItEE. sealed, to men enlr. mentioning this papr. 6 cents postage. EniTnD'O UflTC For 40 year the Pcarody Ul I Un O nil 1 1 Medical Institute has been a fixed fact and It will remain so. It Is as stand ard as American Gold. sThe Peaiwrt v Jleaical institute nas many lmlta: . but no equals. uoston aeraia. PARKER' HJAiR iALSASVI Promotes the growth ot tho hair and i gives it the lustre and sllkiness or youth. "when the hair 13 gray or faded It t BRINGS BACK THE YOUTHFUL COLOR. It prevents Dandruff and hair falling $ I keeps tho scalp clean and healthy. S J-St0'VV'VVVVySVV& k INSII rTtLjfgXjsH SSKS ASM 'ItOl yfvs:vAr 7Jfi, a :uJiJ && W:J WMVm3Bk orfiiFEJl felfi mt mmfM Hair i KF E T7-.r,-T i- SlgSbf'i:SSS for Snfants and Children. The Kind. You Have Always Bought has home the signa ture of Chas. H. Fletcher, and has "been made under his personal supervision for over 30 years. Allow no one to deceive you in this. Counterfeits, Imitations and " Just-as-good" are hut Experiments, and endanger tho health of Children Experience against Experiment. The Kind Ton Have Always Bought Bears the In Use For Over 30 Years. THE CtNTAUn COMPANY. TT MURRAY STnCCT. NtWTOSt Crr WHEN HAMLET EXCLAIMED "AYE, THERE'S THE RUB!" COULD HE HAVE REFERRED TO ffk F4- MANHOOD RESTORED "CUPIDEKE" Tnis great Vegetable Vitalizer, tbo prescription of a famous French physician, will quickly enreyon of allnerrous diseaHM and nervoin weakn9ses. nuch as Lout ITIanliood. Iiikoiu ni. rain In the Back. Treail)llne, rnou JDbiIlty, Piaiplea. linf1DCM to Tfnrr.T. Varicocele, stud C'oaatlpatlon. Gives th" bounce. th brace, of real lif". C5JII1KXK cleanses the liver, the kidneys and the urinary organs of aHimpiiritie. CDPIDEXEBtreniithensand restorosallorrans. Ttie reason sufferers are not rnn'iUiT doctors n bonse ninetr Der cent, ate troubled with lroitiilI. ITPIDEKE ia the only known remedy to core without an operation. 5000 testimonials. A written guarantee given and money returned if nz hoxesdo not effect a permanent curg. 81.00 a box; six for $5.00. by mail. Send for trw circular aod testimonial. Addiess DATOl 3IEDICXXH CO.. P. O. JSox 276, Saa rrauaalscs, Cal. For sale by S. G. SKIOAI OKE, & CO., l'ortlaad, Or. tw HI ! I B 4 m : i Nectar of the Gods The tongue has a good memory and taste clings to it Tne pure. old. mellow flavor of sKeyi once tasted, is not lost. The tongue likes the best and gets it in Hunter. KOTIICniLD BttOS., s i!OHl',a"1,"1,,'',,,' B'& SUFAflTY & ilBNttER : if aAWiB-fiJLlL ihffirV 3 -without a fcbick. Jm fcy, . 3 luxuriant head ot 1 , BWL -". 1 entt finger ltnfr lV .'j L nt-Tfli " K v: crouuee this charneter. H for, by destroying1 t tho deadly germs S that feed r.noa tho il oilofthoLuIrrctt, g it makes dan g druir", faLingr hair ff and all scalp d'u 5 eases impossible. S It then promotes a new and thick b growth to replace S tho old t'lin and 9 brittle hair. ; Onu bottlo rill vcr jp tfy ihc&o :u.a.ect5. i For Sa le nta'.l firs t g Class Dracj Stos-ea, xgz:ittim'- "T-'W IWW'J ViiSfiirjTVEs Curse OF CUKED BY White Ribbon Remedy Can be c:'v" I" Glass of Water, Ten or Cuffuu tVithout I'atlent's KnoiilcilKe. White Ribbon Kemedy will cure or destroy 1 the diseased appetite lor alcoholic stimulants. Uiittner the patient L-. a comirmtd meb. uuv. "a upiilcr," social drinker or drunkard, lni pusMbij for any one to ha an apatite tor ulcoliolic liquors after usin? White Itibbon Kiir.tdy. Mrs. A. M. Townsend. Secretary of the Wom an's. Christian Temperance, I'nlon. writes: "I have tested White Ribbon Remedy on very I obstinate drunkards, anu the cures have bee.i many. In many cases the Remedy was given ' secretly. I cheerfully recommend and in , dors White Ribbon Remedy. Members of our I Union are delighted to find a practical ami economical ireptment to aid U3 In our tem perance work. For sale by druKg'sts or by mall. $1. Trial packase fr.-e by writing. MRS. T. C. MOORE CO.. Supt W C. T lT.. Ventura Cal. Sold In Portland. Or., by Woodard. Clarke & Co.. Fourth and Washington sts. Jasal In all its stages. Ely's Cream Balm' cleanses, soothes and heals the diseased membrane. It cares catarrh snd drives awcy a cold in the head quickly. - Cream Balm-is placed Into tfie nostrils', spreads over the'membrane and ls-absoTbed. Relief Is im mediate and a care follows. It is not drying doe not produce sneezing, inrge Size, 60 cents at Drug gists or by mall ; Trial Size, 10 cetou. I ffl I i m 1 his' nil Flif. c I Jl Hunter -: i Bzj2!iftS? a'J7is,a a tKwaBnflrf.rae'jin : t.i t nuw-,?i!is;'')'j a i i. n m vifto:vwrpy.-jfc?-ii!:i w. i - m i aetfa-2 a &. w n s IlfflSBSSKKHSSB I mm to-?:? a ssl ? .pJiHf1 f ato -ut rlil ginT glory." ThS BU,,3' 1 ! I faithful, uao ot imxL 4 1 II g cide never faila to Ji6,v'.S! ' ' I crouuee hair cf I ?1 vsxr fe vF' T rSk -PsBmi?PW'.V T-nWtZ&JMZ J& k m Signature of grz ) h" y K s- i -. -. H , ---.. .-.,