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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 3, 1906)
THE - MORNING OREGOXIAN, FRIDAY, AUGUST 3, 190G. 11 OFFERS SOLUTION ORTAX PROBLEMS State Commission Recom mends Two Amendments to Constitution. PROVIDE CLASS TAXATION People and Legislature Given Power to Provide Exemption Law Like One Recently Invalidated by Supreme Court Decision, Anticipating the Supreme Court knockout to the $330 household ex emption law, the Oregon Tax Commis sion in its report recommended two constitutional amendments, which would make such an exemption- valid, and also givo the legislative power to the people and the Legislature of tax ing all property in classes, as in Michi gan, .Minnesota and Colorado, and as in modified form in New York, Massa chusetts and Pennsylvania, thus en abling, as the Commission explains, a more facile solution of tax difliculties than is possible under the present ri gidity of the constitution and a more equitable placing of tax burdens, with out the double taxation that otherwise would make such attempts unconstitu tional. In Oregon the separation of property for taxation into classes has been at tempted for the purpose of raising rev enue for state purposes, as distin guished from local. This has produced the franchise or privilege tax on cor porations, fees of state officers, inheri tance tax and the gross-earnings tax, which, however, are not regarded by the constitution as taxes on property, but on privilege; otherwise they would not hold. "However," says the Commission, "this principle has been extended al most as far as now seems possible, in asmuch as under our present constitu tional provisions, such taxes ordinarily designated as specific taxes must be entirely supplemental to the general property tax contemplated by the con stitution. Unless our constitutional provisions be made more elastic, it is difficult to see how this principle can be further extended. Constitution Limits Taxation. Taxation in Oregon is limited by two constitutional provisions. These pro visions, with the amendments proposed by the Commission, are as follows, the amendments being In bold type: Article I, Sec. 32. No tax or duty shall be imposed without the consent ot the peo ple or their representatives In the Legisla tive Assembly; and all such taxes shall be equal and uniform UPON THE SAME CLASS OP SUBJECTS WITHIN THE TER RITORIAL LIMITS OP THE AUTHORITY LEVYINO THE TAXES. Article IX, Sec. 1. TAXES SHALL BE LEVIED UPON SUCH PROPERTY AS SHALL BE PRESCRIBED BY LAW. The Legislative Assembly shall provide by law for uniform and equal rate of assessment and taxation, UPON THE SEVERAL CLASSES OF SUBJECTS OF TAXATION, WITHIN THE TERRITORIAL LIMITS OP THE AUTHORITY LEVYING THE TAXES; and shall presaribe such regulations as shall secure a Just valuation for taxation of all property TAXED. EXCEPT PROPERTY SPECIFICALLY TAXED. .' "The amendments recommended," says the Commission, "are based partly upon a consideration of somewhat similar pro visions in the States of Michigan, Minne sota and Colorado. The constitutional changes suggested by the Commission are calculated to extend further than a mere giving to the law-making power a choice in the methods of taxation, for they place in tho hands of the law-making power a discrimination as to exemption, and this Is highly necessary 1n order to avoid the problems of double taxation, and in equality thereby better conform ing to the tax-paying capacity of corpor ations and individuals." Hinders Kqu liable) Taxation. This difficulty of "double taxation" and Inequality is a great obstacle to the work of equitable distribution of tax burdens in Oregon, among the several classes of property, under the existing systems of general property tax. Were it possible to classify the various kinds of taxable property and levy on each class a tax In conformity with modern conditions and with due allowance for such exemptions as would avoid double taxation, the tax problems with which the state is now wrestling and the restrictions which now bind the taxing power in making equita ble distribution of tax burdens would be largely removed, and the householder ex emption could stand; furthermore the bickerings between counties over their relative apportionments of state taxes would cease and the difficulties as to personal property taxation would largely disappear. - Under the present rigid provisions of the constitution all property must be bunched together for "uniform and equal rate of assessment and taxation." In order to get around this requirement and still keep within constitutional bounds tho Legislature has had to make other taxes under the guise of franchise and license taxes, as distinguished from prop erty taxes and this same thing was done by the people under the initiative in the last June election, when they imposed a gross earnings tax on express compa nies, telephone, telegraph, sleeping car and oil companies. .. Household Exemptions. Speklng of the household exemption, the Commission sld: The constitutional provisions of this state have been found in the past to be unneces sarily rigid. Apparently by tacit consent they have been waived in certain Instances; for example, for many years exemptions have been allowed, not permitted by the constitution, of one class of property or an other, such as exemptions to householders and of the personal property of persons who by, reason of infirmity, age or poverty may in the opinion of the assessor be unable to contribute toward the public charges. By custom, perhaps by necessity, several classes of property have been omitted from assess ment for taxation, althouga the plain con stitutional mandate is that the Legislative Assembly shall prescribe for a Just valuation for taxation of all property. It may be that under our present constitution no such ex emption, seems to be contemplated, but its Justness is now generally recognized as a certain amount of property is necessary for the bare support and existence of a family before it can be said to have any taxable capacity. In Oregon two main forms of tax have f been employed, defined by the Commis sion as ioiiows: first, tne "general property tax" levied on all the taxable wealth of the state, for state, county, city and school purposes; and second, the "specific tax" levied on franchises, in heritances, insurance premiums and such like. In other states where the classifi cation system is possible, & so-called property tax" may be levied on a par ticular class of property, such as fran chises and other intangible assets of cor porations, while In Oregon, on the other hand taxes must be levied on all kinds of property in the same manner and at the same rate. "There remains a possibility," continues the report, "that the specific tax pro vided for by law may be sufficient to de fray the entire expenses of the state; this we doubt. In that event the property tax would be needed only for county and municipal purposes. Your Commission has drafted the following amendment to the constitutional provisions quoted (given above), which it believes are suffi ciently elastic to permit the- selection of the classes of taxable property by the Legislature, the assignment of one class of property for either the application of the property tax or the specific tax, be yond the privilege tax, and yet will main tain the -present requirements of uni formity and equality within each class itself. "The beneficial results of such consti tutional enactments would be that the state could utilize either the general property tax or the property tax, where such methods of taxation seem desirable and specific taxation, where such a meth od would seem desirable, under classifica tion, and each system of taxation would be co-orfllnate to the other." , Much Property Escapes. Speaking further of the general property tax which has been mostly employed In Oregon for revenue, and which the Con stitution contemplates as the sole source of revenue, the Commission contiues: "The Investigations of this Commission have led it to believe that under the pres ent method of assessments a large amount of property escapes assessment for taxation. It has been the uniform his tory of the general property tax that the tangible property, that which is most eas ily found and ascertained by the Assessor, that which cannot be removed or secreted and particularly real estate, and which has an actual visible existence, bears the brunt of taxation. For Instance, in Oregon in 1906, real property (not includ ing railroads) bore 74.84 per cent of the total property taxes of the state. "The investigation of reports of tax" commissions of other states clearly shows that the general property tax re sults in the placing of the burdens of taxation on real property and that is true in this case. Under its operation the tax falls largely upon visible per sonal property and that, too. In the hands of those that pay the tax on real nmn- erty. Reformers In taxation have concerned themselves either with departing from the general property tax Itself, or by completely discarding the general property tax and substituting in its place other methods of taxation. Where the general property tax has been retained it has been sought to reach personal property bv an exhanativo lift ing system, whereby the taxpayer is compelled practically to assess himself by furnishing a detailed list of all species ui personal property owned by him. (At the present time this system is sup posed to be in force In Oregon, but It is not as thoroughlv carried out as In other states where it is the rule.) This oysi-ein in practice has not been effective. It results in evasion and decetjtlon- ft is not calculated to reach intangible per sonal property. The Commission Is Impressed with the fact that the proper remedy for the defects of the cersonal-nronertv tax as now administered, Is. by reform in me taxation or corporations. By amending- the Constitution of the state in accordance with the suggestion to the Commission an effective law could be enacted. A law of this kind should be In the nature of an ad valorem tax. It should embody most of the pro visions contained in the conclusion of Professor Seligman, in his discussion of taxation of corporations. (Essays on Taxation.) First Corporations should be taxed sep arately and on different principles from in dividuals. Taxation of Corporation. Second Corporations should be taxed lo cally on their real estate only. Third Corporations should be taxe for state purposes on their earnings or on their capital and loans. (This commission anr- gests rather than a tax on earnings, a tax on capitalized earnings at the average rate of taxation ior an purposes Tor the year before the employ, real estate to be deducted to avoid double taxatloru x ourth only so much of total earnings or capital should be taxed as it actually re ceived or employed within the state, in the case ot transportation companies a con venient ana lairiy accurate test Is mileage. Fifth Where capital and loans are taxed the residence of the shareholder or bond holder should be immaterial. Sixth There should be no distinction be tween domestic and foreign corporations. Each should be taxed for Its business done or capital employed within the state. Seventh If corporations are taxed on their property, their property beyond the state should be exempt. Eighth If corporations are taxed on their capital stock, they Bhould not be taxed again on their property. Ninth Where the corporate stock or prop erty Is taxed, the shareholder should be ex empt. If corporate loans are taxed the bond-holder should be exempt. (Constitu tional limitations prohibit this in Oregon.) Tenth Where the corporation of the shareholder or bondholder are residents of different states, the tax should be divtded between the states by Interstate agreement (Not feasible.) Eleventh An additional tax should be levied on corporations which through nat ural, legal or economic forces become mo nopolistic enterprises. Would Reach Intangible Property. "Not only would such a system have the result of reachinar intangible 'Per sonal property, but it would also sep arate state from local revenue upon an ad valorem basis, as distinguished from specific taxation other than privileged taxes, and would confine the taxation of the real property of corporations to local purposes. The property tax would be made a supplemental state tax . until such a time as this plan, taken together with privileged taxes and inheritance tax, would raise suffi cient revenue for state purposes. In that event, the property tax for state purposes should be abolished, the real estate tax be confined to defraying local expenses and the personal prop erty tax upon Individuals discarded, or made supplemental to the real estate tax for local purposes. "To accomplish these reforms in the tax system of Oregon the Commission points out that it win be necessary for the people to adopt the constitu tional amendments recommended, thereby enabling the classification of property and the avoidance of double taxation, which would be impossible unless classification be permitted. FOR SUBURBAN FIRE FUND Money Being Raised for Fire Pro tection at Arleta. The Volunteer Fire Company at Arleta. on the Mount Scott line, gave a suc cessful open-air social Wednesday night at Kern Park to help raise money with which to purchase fire apparatus for that section. Citizens generally turned out and a considerable sum was raised. It Is desired to get a chemical engine. If the money can be secured to pay for It. The water supply is not sufficient to Justify the placing of hydrants, and hence It Is judged that some sort of chemical engine, or a lot of fire extin guishers can be used to advantage in that neighborhood! Nine residences have been destroyed within the past three months ,and It Is recognized that the neighborhood must have some fire pro tection. Lumber Company Incorporates. Articles of incorporation of the Hills- boro Lumber Company were filed In the county Clerk a office yesterday ty m. M. Ward, J. C. Hare and George A. Morgan; capital stock, $16,000. The in tention of the company Is to bny and sell timber and timber lands and man ufacture lumber. Mllwaukle Country Club. Eastern and Seattle races. Take Sell wood or Oregon City car. starting from First and Alder street J THAT WILL WORK Council Committee Wrestles With Inventors and Their Devices for Protection. MANY ARE IMPRACTICABLE Vice-President Fuller Declares His Company Is Anxious to Solve the Problem, No Matter What the Cost. Hundreds of fenders for street-cars have been patented but the special committee appointed by the Council Is unable to se lect even one that will fill the needs of Portland. Nor has the Portland Railway Company been more successful, and al though Vice-President and General Man. ager Fuller of the company met with the members of the committee yesterday, nothing has been done. Inventors and representatives of com panies presented their patents before the committee yesterday. They explained in detail why their invention was the best upon the market, and how It was utterly impossible for a man, woman or child to be run over provided the cars carried their type of fenders, but could make but little Impression upon the members of the committee. The committee listened to these inter esting but not convincing explanations for about an hour and then, upon ad journment, informed the fender men that before they would make any selection there would have 'to be practical tests. This was satisfactory to most of those who had something to sell, and the next time the committeemen meet they will examine real fenders, not merely minia ture contrivances and diagrams upon paper. Ready for Cat or 200-Pounder. One inventor submitted a fender yester day which he guaranteed to pick up any thing, from a cat to a 200-pound man, without even so much as a ruffle of the hair or clothes. But when a drawing of the marvel was exhibited it was seen that the fender projected something like four or five feet ahead of the car. With the long cars and narrow streets such as are In Portland, cars equipped with such elongated life-savers would sweep so far out from the track when turning curves as to raise havoc with the pedestrians, and collisions with vehicles would become a matter of routine with the carmen, de clared several of those present, who have had experience with fenders. There were all kinds of fenders offered. Some were automatic, others worked with a trigger arrangement, and one was fash ioned after a cow-catcher, like that seen upon a railway engine. The inventor of this particular type proudly explained that for himself he would rather be tossed aside by a street-car with a "cow-catcher" than be ground to death. There was one type of fender that projected out ahead of the car about three inches above the track. But Manager Fuller explained that such fenders would strike the ground when the cars- started to go up steep grades- .... "We'wlsh to obtain the most practical and best fender there is, and with us it is , not a question of expense," said Manager Fuller. "There Is no fender to my knowledge that will prevent accidents. There are some that will catch persons WANTED FENDER I - ' V N - -i 111 3f if f : V''.." V jfi. " 1 1 I fittn-S I I WKW'U- s'-tw i': '"-' Jpw !-tv V'.,y-Mlr. i I1- f. . I Ar jf "1 Vl?W't'iW I hf-i$' t - I I 8 l 1 ; -y ' "CKvtJ, r"S ita" ' :- ' j '"'"- I J ' ' - ': ' - ' . -J v :.-.:..- . J. . . :: v: ,. ' :..;:-.-- S : : - ' . ; '- :; v .... .... . , : v . . ' .. : -. . . . 1 , 1 -W'VNJWy,'');: . $r .y.-tcw . . - . .: .. 5 J",- A ' " - " ,...: m''. -"-' p&tp----. 1W v:?-,',fv 'SI W ,;-..-- - - -.: S' i ft.;:)' -!. 'KM I v K,,.;,.;-y i gv-if i;. ii ;.;,;.' i- 5 :k m- . ' - . m " - " ' - - rrr i when they are in an upright position, but fall to do the work when there is a man or woman or child lying upon the track." "I have a fender here that will do all that," spoke up one of the inventors. Cost Is No Object to Company. "If you have, all the street-car compa nies In the country will be hot after you," replied Manager Fuller. "I know of com panies that employ master mechanics to do nothing else but experiment with fend ers. A fender that will work fairly well on level streets, because it can be placed close to the track, will not do so well where there are grades which necessitate Its being much higher up. If you can show us one that will fill all requirements we would take extreme pleasure in plac ing them upon our cars, as one accident might cost us more than a whole outfit of fenders." Among those who appeared . before the committee and submitted samples were M. L. Keizur, of Baker County; H I Bennett, H C. Gordon and W. R. Mc Garry, of Portland. Mr. McGarry repre sented an outside company, and the oth ers were boosting inventions of their own. Library Cat Mourns Loss of Family Grief-Stricken Portia Temporarily Ceases W on Mice When Re lumed, Baa Strange Experience. THERE was great Joy in the house hold of the Portland Library when "Portia." the all-wise library cat, pre sented four fine kittens as her donation to the circulating department, and the new arrivals were promptly cata logued. But all that 'Joy has turned to grief now, fop the "offspring; of the all-wise Portia succumbed to che heat, and have all passed on to cat heaven. Portia was Inconsolable and mourned the loss of her family for several days, refusing all overtures from admiring visitors and the faithful staff members who have catered to her every whim since she came to live in the library as a kitten herself. ' Even the mice noticed that Portia was dull and inert, and they became unduly brave. As the bereaved mother sat in the basement the other day, thinking what bright cats . those kit tens would have become had they grown to cathood, a rodent whisked over a pile of books almost in front of her nose. Instinct proved stronger than grief in this case, and immediate ly Portia was plunging through space after Mister Mouse. . But the best-laid plans of mice and cats "gang aft aglee," and in the fraction of a second Portia collided with a large bottle of disinfectant. She Is chemically pure now, but the consensus of opinion is that bleached hair is not becoming to her, and the library staff is holding its breath for fear the Humane Society may become inquisitive and want to know the why ness and the wherefore of the several bare spots on Portia's formerly gray coat. BAND CONCERT TONIGHT Programme Will Be Rendered in , Chapman Square, The Park Band will render the following programme at Chapman Square, opposite the Courthouse, tonight at 8 o'clock: Mareb. "Buffalo News" Lam-no Waltz. "Tales of Vienna Woods" Strauss Overture. "Bohemian Girl" Balfe Caprice, "Just a Uttle Gossip" (new)... . Rollinson Medley of popular songs, "The Star" (new) O'Hara Intermission. Descriptive piece, "A. Hunting Scene" (Request) '. Bucalossl Intermezzo, "Dew Drops" (new) . .Armstrong Scenes from "The Serenade" Herbert Danse un Keva, "Love's Dream After the Ball" Caibulka Two-step, "Chicken Chowder," Giblln Charles L. Brown, . Conductor. SAN FRANCISCO AS REVOLUTION THE HOP TRADE Big London Firm of Wiggins, Richardson" & Co. Will Come to Oregon. WILL BUY FROM GROWERS Middlemen and Their Commissions Will Be Cut Out Largest Mer chants In Hop Trade Retal iate Against Horst. The largest hop firm in the world is coming to Oregon to buy hops direct from the growers. It is proposed to eliminate the commission of several sets of middle men, which will mean an immense saving of money to th ebuyers. In the nature of things the Oregon hopgrowere will profit by this arrangement, for they will un doubtedly get better prices for their hops. The firm that Is thus going to revolu tionize the hop trade of this section is Wiggins, Richardson & Oo.,- of London. The Pacific Coast . representative of the firm will be John Carmlchael, now. in the hop business at Salem. The principal of fice on the Coast will be at Salem, in the heart of the -Oregon hop belt. Branches will be maintained in "Washington and. in California, and the men who will have charge of the firm's buying - in - those states, under Mr. Carmlchael. have al ready been engaged. A representative of Wiggins, Richardson & Co. is now on his way from London to confer with Mr. Carmlchael and set the new scheme In operation. The plans have already been perfected, and it la said that all that remains to be done Is the sign ing of the papers that will delegate to Mr. Carmlchael the necessary authority to buy up a large portion of the Oregon crop. . Profits of Middlemen. Cut Out. This deal will to a considerable extent revolutionize, the hop business, as it is conducted on the Pacific Coast, as it will mean a departure from the old method of buying through two or three middlemen and consequently paying two or three commissions before the hops reach -the consumer. It is well known that' English buyers dislike to depart from the old-established methods of protecting the hop factors, who make certain fixed commis sions, but the modern method of doing business has been introduced in England by American merchants, and the former must adapt themselves to the changed conditions or go out of business. It may be a surprise to hopgrowers to know the enormous amount they are pay ing to have their product marketed in foreign countries. , The firm of Wiggins, Richardson & Co., for example, has a fac tor in London- who probably receives one cent per pound commission' on all his transactions. Another firm in New York receives one cent, and a third firm on this Coast from one-half to two-thirds of a cent a pound. By coming here to the cen ter of production and operating through its own representative, which the com pany can afford to pay a big salary, the London traders will save themselves thou sands of dollars every eeason and at the same time, to get hops of the choicest quality, pay the OOregon growers more on the open market than they were ever paid before. r The magnitude of the business conduct ed by Wiggins, Richardson & Co. can be realized when it Is known that thlB firm IT LOOKS TODAY FALL ARRIVALS BIGELOW RUGS We have just received a shipment of Bigelow Ruga t in various grades and sizes, including 9x12 Bagdad Wiltons and Wellington Wiltons 8.3x10.6 Arlington Axminsters And Small Rugs in AH Grades The Bigelow name is the highest guarantee of artistic and material excellence. ..The new designs and color ings are especially-handsome and harmonious. t J.G.MACK&C0. Exclusive Carpet House 86-88 THIRD STREET PHIL METSCHAX. president and Manager. Seventh and Washington European Flan handles about 75,000 bales of hops each year. They are clearly the largest hop merchants In the world. This firm has purchased In the past five or six seasons, through agents on the Pacific Coast, from 20,000 to 30,000 bales of hops annually. That amount of business was done through fac tors in London and New York and sub agents on this- Coast. George Bird & Co., of London, the purchasing agents of the big house, had as their sub-agents In Ore gon Faber & Nets and Krebs Bros., of Salem; Ed C. Herren, of Aurora: E. C. Kirkpatrlek and Ralph Williams, of Dal las, and T. A. Riggs, of Monmouth. . Sim mons & Sons, of New York City, who have been represented by John Carmlchael in . this - state for years, also purchased for Wiggins,. Richardson & Co. Hop Trust in England. The Importance of this change In the hop business of the CoeuBt and the condi tions that brought it about can be better appreciated when it Is known that the English hop trade is practically in the hands of a hop trust, which exists, how ever, without a written agreement or com bination, so far as any one knows, dome years ago, so the story Is told by hopmen, Straus & Co., a well-known Lon don firm, attempted to break into the trade of Wiggins, Richardson & Co. by selling hops directly to Bass and the other great brewers there. They purchased the ,1 Exclusive Carpet House . Streets. Portland, Oregon. $1.00, $1.50, $2.00 per Cay. MoGuInness crop in England, one of the most famous hop crops in the world, which had been used by the Bass brew ery for years and supplied to them by Wiggins, Richardson & Co. Mr. Straus thought by buying this most excellent growth and handling it even ' without profit he could open up connections with the big brewers, whose requirements are probably 20,000 balee of hops each year. As the story goes, Mr. Straus went to Bass' purchasing agent and offered this particular crop of hops. He was told that it was the custom of the brewery to al ways buy its supplies from the same mer chant and the traditions of the brewery could not be altered. In the end Mr. Straus was compelled to dispose of his famous hops at a loss to Wiggins, Rich ardson & Co., which in turn resold them to the Bass people at a handsome profit. This merely goes to show how the Eng lish trade is held down by Its ancient cus toms. It is a difficult matter for an out sider to break in, and when an American tries to Invade that field he is not certain of smooth sailing. This the E. Clemens Horst Company, of California, has found out Mr. Horst, who Is the leading hop merchant in this country, and said to be backed by the unlimited capital of the Armours, went over to London a few years ago and succeeded in establishing connections with some of the heavy con sumers of hops there. His intrusion was resented by the great English merchant, and various steps have been taken to thwart his purposes. The coming of Wig gins, Richardson & Co. to Oregon is one of these. Hopa Tlrm at 18 Cents. SALEM. Or., Aug. 2.-(Spec!aI.)-The lo cal hop market seems to be strong at 16 cents, but there is no confirmation of re ports of offers above that. Laehmund & Co. bought 300 bales today at 16 cents McKinley Mitchell bought two crops af Mount Angel, and Pincus of Tacoma bought BOO bales at Reedville, Washing ton County, all at 16 cents. Buyers re port that growers are firm holders, as a rule, and that contracts are hard to get. Selling would in all probability be more active if the price should drop back a cent or two and give the growers a scare. STRIKES WIFE'S ESCORT Captain Jack Reid Objects to Her Walking With Male Companion. Captain. Jack Reid. formerly of the launch Fox, created a scene in the Postofflce yesterday when he as saulted a stranger who was walking with Mrs. Bertha B. Reid, Captain Reid's wife. Captain Reid Is now living; at Washougal, Wash., while his wife re. mains in Portland, living at Eleventh and Washington streets. She attends a local business college. Relations be tween the two have been strained for some time and Captain Reid gave his wife notice recently that if he saw her on the street with a man he would whip him. Upon arriving- from Washougal yes terday, Mr. Reid ran across his wife with a male companion and he fol lowed the couple to the Postofflce, where tho interloper was put down and out by a blow from Captain Reid's trusty right. GET IN THE SWIM. The A. & C. R. R. sells $2.60 excursion round-trip tickets to Seaside, good going Saturday morning, afternoon, evening and Sunday morning, returning Sunday even ing. Spend a delightful two-day vacation at Seaside. Ample accommodations at reasonable rates for all. Tickets at 248 Alder street and the Union Depot, - i THE JBIG 5. ' Bargains at Le Palais Royal today! No. ' 1, $1.60 shirtwaists at 69c; No. 2. S3 waists at 11.39; No. 3, J7.50 dress skirts at 3.95; No. 4. 15 skirts, S2.95; No. 6, H misses' skirts at $1.95. Rates for Klamath Excursion. - The Southern Pacific has made a more favorable rate for the Klamath excursion of business men than was formerly an nounced. Fare for the round trip will b I1S.70, with $2.50-additional each way for Pullman accommodations. Already many Portland business men have signed up for the Jaunt, and many more are expect ed to Join the party. The excursion will leave Portland Friday, August 10, and tickets will be good for 15 days. An issue of 1000 vest-pocket Itineraries of the trip are being printed by the Southern Paciflo and will be ready for distribution In a' few days. , : Rich red blood naturallv result from taking Hood's Sarsanaxilla- It tones th whole system.