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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 14, 1906)
THE MORNING OREGONIAN, FRIDAY, DECEMBER 14, 1906. RICH MEN FAVOR TAXING WEALTH Remarkable Speeches by lionaires to Civic Fed eration. IMPOST ON INHERITANCE Carnegie and Ingalls Both Advocate Breaking Up Largo Fortunes, but Oppose Gradnated Income Tax as Tax; on Energy. NEW YORK,- Dec. 13. Andrew Car negie, In an address before the Na tional Civic Federation today, said that ho believed the major portion of the estates of enormously wealthy men should so to the state" upon the deatli of the possessor of the fortune. Mr. Carnegie opposed a graduated Income tax. "I think an income tax would penetrate business to the -core," said Mr. Carnegie. "I think this country would never resret anything so much as to impose such a tax. I differ with the President strong ly on the subject of the income tax. But I am in a peculiar position on the in heritance tax, advocating that as some thing like getting a better distribution of wealth. The subject of wealth distribu tion will not down." Mr. Carnesie said he believed that inas much as the wealih of property belonged to the community, the latter, on the donth of the possessor, should acquire a Kresit portion of the wealth, having had a large part to do with its development. Wealth Produced by Nation. "Our country fails in its duty," said Mr. Carnegie, "if it does not exact a share, a tremendous share, of the estate of the enormously wealthy upon his death. The money belongs to the community. Don't mistake me. I doil't advocate the making of a man a pauper or the pauperizing of his children. But it Is not the millionaire who made the wealth. He did not make the ore. or the coal, or the gold that he dug from the ground. The Montana cop per mineowner did not make his wealth. It belongs in the abstract to the people who use it and who produce the use which makes it valuable. "I am with the President, then, to tax heavily by graduated taxation every man who dies leaving behind him his millions, for I think that excessive wealth left to a child 13 an injury." Sources or Multimillionaires. Meiviil B. Ingalis, of Cincinnati, O., addressed himself to the subject of an Income and inheritance tax, especially with a view to limiting the large ac cumulations of wealth in possession of Individuals. He said there had been In the last few years three prolific sources of multimillionaires which are open to criticism. These, he said, were the tariff, illearal favors and contracts giv en to shippers by the railways and the securing by means which were ques tionable of contracts at nominal prices for the use of the streets of various cities for the purpose of Transporta tion and lighting'. He said that Illegal favors had been In many cases wrung from tlie railways by the shippers and said that this form of evil had been used in combination with the tariff. "The high tariff and railway re hates." said Mr. Ingalls. "have In the last few years produced more multi millionaires than any ono dreamed could exist in any country." He said that the first thing to do was to modify the tariff. Of the grant ing of shipping favors, he said: "The shippers who have lived arid thrived and prospered on rebates and secret contracts will soon learn that they arc equally wrong with the rail ways and we will get upon a better basis of doing business." Franchise Graft In Cities. Regarding the third cause of evil he said: "There are two other remedies. One Is to make contracts such as a private Individual would make for the use of streets, preserving proper rentals and a proper division of the proflts for the future; and tho other Is for the munici palities to take possession of the light ing and street transportation and man age It the same way as they do the waterworks and sewerage systems for the benefit of tho people. "With these changes the number of multimillionaires in the future would be much lessened, although the in crease of property and growth of for tunes by legitimate means is to be found ail over the world. A man who lias brains, coupled with thrift and en ergy, should have the profit that comes from that combination." Mr. Ingalls said he believed that an Income tax is the best and fairest tariff that can be levied. He did not believo in - a graduated income tax, as that would bo putting a tax on thrift and energy. Slake Income Tax Constitutional. "I believe a proper law for doing this," he said, "can be framed and be passed by Congress to stand the test of the courts. If it will not, then let us go to the people with a constitu tional amendment that will make it legal." He favored the enactment of legis lation that no man should have the right to dispose of the bulk of' his property by will, but that, when he dies,- it shall be divided among his hoirs. He said that a man's wealth should be broken up at his death and be distributed. Mr. Ingalls said the real menace to his mind is the Sherman anti-trust law, Bo-called. It is necessary, he .asserted, not only for the railways, but for the public, that there should be stable and fixed rates between points. Railways should be allowed to agree upon rates to be published and they also should be allowed to divido the traffic. He said that to president Roosevelt more than anyone else we owe the great awakening of the public conscience lions the line of reform. He pleaded that the laws should be so amended "that this great moral uprising may continue and go on hand in hand with our present business prosperity; that capital may be secured and receive its fair return and the wages of the great mass of toilers be Increased, rather than diminished." Belmont Explains Views. August Belmont's position as president t the Civic Federation on the question of ihe "income and Inheritance tax" was xplained by him today. Mr. Belmont de Mared his remarks of yesterday had been misinterpreted by the newspapers. What I said yesterday," said Mr. Bel. nont, "was that a wise and just method f taxation would be of great good; but :hat spoliation was quite another matter. I don't believe, that men as a general proposition can accumulate large for :unes dishonestly and improperly; These fortunes mostly come through large cor porations. The stockholders have rights, and that these fortunes are accumulated in an improper manner all over this coun try, and therefore must be reduced in a punitive spirit, was what I meant yes terday to deny. Not that a tax on inher itances should not be passed, but that it should be done from the point of view of Just and wise taxation, and on some eco nomic grounds." Canada Has Not Epidemic. George E. Foster, formerly Finance Minister of Canada, said that inheri tance and succession taxes had grad ually been adopted by all the provinces. In conclusion he said: "You tax fortunes to discourage them. We don't need that measure in Canada. Multi-millionaires are not epidemic with us. I greatly distrust the Imposition of a tax on inheritances for the sake ot discouraging fortunes." Advance for Dcirver Machinists. DENVER. Dec. 13. Two thousand ma chinists employed in Denver shops will receive an advance in wages Jan. 1, rang ing from five to 15 per cent. The Ma chinery Manufacturers' Association of Denver has decided upon this action, in response to a request of the Machinists'" Union. in grip of a mum TRAFFIC I.V XORTH DAKOTA IS ABOUT AT STANDSTILL. Snow Fell All Day in the River Val ley and It Is Reported Rag ing Further East. GRAND FORKS, X. D., Dec. 13. The prospects are that in the morning rail road traffic in North Dakota will be tied up tight. Heavy snow has been falling all day, and in the eastern part of the state there has just been heavy wind to CAPTAIN OF PACIFIC rXIVEB SITY FOOTBALL TEAM. 9 y -. Harry P. Humphreys. PACIFIC UNIVERSITY, Forest Grove, Or.. Dec. 13. (Special.) Harry P. Humphreys, a member of the sophi.iore class, has been elect ed to captain Pacific University's football team for 1907. Humphreys was halfback of this year's team. He is a member of the Gamma Si g ma Literary Society and takes an active interest in all student enter prises. roll the snow into the cuts. Further west a raging blizzard prevails, and the snow is drifting badly. The great Northern Railway between York and Leeds is im passable. ' No trains have arrived from the West tonight and all railroad trains are late. A passenger train on the Fargo-Aneta line is reported stalled and being drifted over. The Soo is tied up all the way west of Ardoch. No attempt is being made to move freight. The fuel situa tion in the small towns is practically un changed. NOW OR NEVER IS THE TIME Flint Urges Prompt Steps to Save Imperial A'alley. WASHINGTON. Dec. 13. Senator Flint, of California, talked with the President today about the break in the Colorado River, which has resulted In sujh a dis astrous flood in Imperial Valley. Califor nia. When, he asked that proper repre sentations be made to Mexico, with a view to securing financial redress for those persons whose property had been injured, the President told him that the State Department had already addressed a note on the subject to the Mexican govern ment, but that thus far no reply had been received. ' The Senator said that unless some steps were taken within 60 days, it would be impossible ever to do anything, for the Imperial Valley would be filled up and the tows ot Imperial, Frawley and Heber would be wiped off the map. Imperial Valley to Raise Million. . IMPERIAL, Cal., Dec 13. Representa tives of the Southern Pacific Railroad Company were in conference this morn ing with a large assemblage of the peo ple of Imperial Valley, and submitted a proposal to the effect that the interests of the valley subscribe $1,000,000 contin gent upon the successful controlling of the Colorado River, the railroad company agreeing to carry on the work at an esti mated expense of i2,5OO,O0O. The proposal was received enthusias tically by the people, and with little doubt will be consummated. In the meanwhile preliminary work on the closure is being rushed, and there will be no hitch In the proceedings until the -great task is ac complished. WHY IS LUMBER COSTLY? House Orders Inquiry Iufo Exist ence of Trust. WASHINGTON, Dec. .13. The House to day, after some discussion, adopted a resolution of Mr. Miller, of Kansas, au thorizing the Secretary of Commerce and Labor to investigate the cause of the high price of lumber in the various stages of manufacture and sale, with the object of ascertaining whether present high prices are the result of a trust. SUNDAY TRIPST0 SEASIDE The A. & C. R. R. R. will run an excur sion to Seaside and return every Sunday at the round trip rate of $1.50. Take ad vantage of the low rate and see the ocean. Tickets for saje during the week at 248 Alder street and at the Union Depot, . Sunday morning.- - - - ALLARERE-ELEGTED Old Officers of Portland Board of Trade Regained. ANNUAL MEETING IS HELD President Nash Reports on Good Work Done by Organization Dur ing Past Year Regrets Fail ure of Steamship Project. All the officers of tho Board of Trade were re-elected at the annual meeting yesterday afternoon. The officers, who will serve for. another year, are: President, Wallf. Nash; first vice-president, I. N. Fleischner; second vice-president, P. W. Custer; treasurer, B. Lee Paget; secretary, 5. B. Laber. The- executive committee was named as follows: T. N. Stoppen bach, chairman; W. H. Bcharrell, A. B. Steinbacii, J. F. Daly, H. M. Cake, D. A. Patullo, E. M. Brown, Willis Fisher and G. W. Allen. President Nash presided at the meet ing. A rising vote of thanks was given him by the members for his faithful, efficient service during the year. The board also extended a vote of thanks to the secretary for his' effi cient service and the retiring executive committee was giyen a similar com pliment. The president was commissioned to appoint a special committee of five to arrange for the annual banquet, which will be held some time in January. The annual report of President Nash bhowed that tho activities of the board during the year have been varied and in most cases crowned with success. In all instances the work has been un dertaken with . the single object in view of benefiting the city and state. Committees on irrigation legislation have taken tho most active part in framing the new water code to be pre sented at the coming session of the Legislature. During the year the board has worked for the Columbia bar im provement by continued contract, the completion of the Celilo canal, tho throwing open of the Willamette River by Government ownership and control of the locks at Oregon City, and urged that every reasonable aid be given new railroads entering the city. The report closes as follows: Touches on Steamer Line. I have left to the last the matter of the Portland Alaska Steamship line. Purine nearly all the past year the records of this board aro full of stories of individual effort by your officers, of concerted action by your own committees, " both alone and In con junction with similar agencies from the other three commercial bodies of the city. It Is to me a bitter disappointment to re cord that so much time, so much energy, no much money, so much co-operation of the part of the press of . the city lias borne so little fruit. Asaln and again has it been verified that "faint heart never won fair lady." The worst of it U that the facts are not In dispute but the obvious de ductions from the facts fail to stimulate action on the part of those among us who could If they would. The majority the great majority of our merchants and producers range themselves on tho side of progress and are ready to make sacrifices to provide the means. But It is most plain to every one who has thought it out that nothing but a large and costly steairishlp service can successfully compete with our busy neighbors on Puget Sound equally sura it is that with such a service Portland can win out even from the first. It follows, does it not, that united action on our part is of the first import ance? We know, all of us, that the capl tnl is here in heaps; that we have men In plenty who can be trusted to direct; that straight expert management can be had for the asking and paying: that on such enter prises, depend the very bones, blood and nerves of our prosperity. Yet the last month has seen the oppor tunity the greatest chance of all the years In which this subject has been before us brought to us, taken up, considered, in dorsed by the full joint committee in strong terms, and then carried into full view of success. And yet, for want of what some of us have heard called the "Seattle spirit" which means the faculty to see, the cour age to undertake, the readiness to unite and pull together, and the resolve tc win out this chance has passed. It may be that under new forms and changed plans and with a narrower scope It will yet succeed. Most sincerely do I trust that we may yet see a Portland house flag, borne by ships owned and managed here, cross the Columbia bar for the magic North. Report of Secretary. . Secretary Laber's report shows the principal work taken up by the board during the past year. In irrigation, transportation, publicity, work for river and harbor appropriations, man ufacturing, general trade relations and relief work following the San Fran cisco earthquake, the board was in the front and accomplished much good. The secretary's- report concludes as follows: Having thus partially reviewed the many interests that this body endeavored to fos ter, it remains but to call attention to the condition of this body as a working factor. Having the assistance of an efficient as sistant secretary for but a very brief period, during which about 100 new members were added to its membership roll, your secre tary has been handicapped in giving the membership and financial side of the board much, if any. attention. It is the belief of your secretary thVt the work accomplished and the record es tablished by your board warrants a more general and liberal support of the work for the coming year on part of our businei men and property -owners ' generally, in whose Interest principally this body has ex pended Its time, money and energy. As a new home and more dignified surroundings will be at the disposal of the board before the close of the coming year, I trust that not only the membership committee, but each member of the board, will speak a word for the uplifting ot Its membership roll. The constant demands upon your sec retary's time have made it practically im possible to call upon resigning members or to acquire much of. a new list of members. It should be the special duty of an as sistant secretary to look after memberships and collections which ought to be generally responded to, in view of the record the board has established along the line of doing things. The present membership com prises about 400 members, which should be doubled during the coming year, with the assistance of a competent assistant sec retary and the co-cperation of our members. TELLS CAUSE OF STRIFE (Continued from First Page.) In France meant Just what it means in the United States, there would have been no such hue and cry raised. Very likely to many it would not have been very undesirable. But the situations are not at all analogous." WORSHIP OUTSIDE THE LAW Priests Will Be Taken to Court. Governments Deep Policy. PARIS, ' Dec. ' 13. Today has been marked by the total absence of any of the sensational or dramatic incidents an ticipated in alarmist quarters In con nection with. the execution of the law of church separation. The parish pries.ts everywhere celebrated mass in the pres ence of unusually large congregations, but the action's of the authorities were con fined to noting, infractions of the. law and citing the priests and vicars to ap pear before justices of the peace. Everywhere legal notices have been srved for the evacuation of the ecclesi astical residences, the seminaries, etc Several of these buildings were aban doned without further ado, but a major ity of the prelates announced' that they would depart only under duress. Laymen. Apply for Churches. In many parishes, both in Paris and in the interior, laymen today, filed declar ations for the holding of services in the designated churches during the coming year. If this practice is generally fol lowed, it will be. a distinct victory for the government, relieving it of the ne cessity of closing the churches and throw ing on the clergy the responsibility for the discontinuance ol public worship. In the meantime, the cabinet is pre paring measures to be introduced in Par liament tomorrow. The net result of the uncompromising attitude assumed by the Vatican seems to he that the clergy will lose its pensions, 3S.3CO of which have been granted and ga zetted since the beginning of this year; that all aspirants to the priesthood will be compelled to perform military serv ice, and that tho taking over of the Epis copal mansions, rectories, seminaries, etc., by the state and the communes will occur immediately. Instead of December, 1907. According to well informed persons, the government intends to respond to the attitude taken by the Vatican by submit ting to parliament a proposition to settle definitely the status of the church in France. Under this proposal the church will forfeit all benefit under the law of !W5. but it is to be. provided with an opportunity to carry on public worship in conformity with the common law. Church property is to be handed over immediately to the civil authorities on condition that it be reserved for wor ship, and tho positions of cardinals and T.ihops, as foreign officials, will be dealt with later, if the government finds it necessary to do so. "s Formal charges were entered wherever mass was celebrated except at the churches of St. Jean L'Evangeiine and St. Blaise de Charonne and Pere la Chaise, Whose parishioners, following the example of the first-mentioned church, made the called-for application yesterday evening to hold services under the law of 18S1. . , Priest Says: "Frenchman First." The Vicar of St. Blaise, de Charonne, when induced by his parishioners to take the step, said: "Whatever the consequences. I regret nothing. I am a Frenchman, above every thing." At Chalons the Abbe Panaudln claimed that the church, bells were not ringing and that no person was Invited to mass and that therefore the assemblage had not the character of a public meeting, where upon he was compelled by a police offi cer to inscribe his protest upon the sum. mons. It is officially stated that the letters of Monsignor Montagnini, the expelled sec retary of the papal nunciature here, show that the majority of the French bishops favored observance of the law of 1&81 and bowed with reluctance to the papel de cree. The official statement adds that the Inviolability of the diplomatic character of the "nunciature was scrupulously re spected before the rupture between the Vatican and France. During the day summons were issued charging illegal assemblies, in the case of 69 churches of Paris. The official journal today announced that only 80 of the Catholic cultural or diocesan associations formed were legal, while 902 Protestant and 78 Jewish asso ciations conform with the law. Suits for Masses Not Said. Many suits have been begun in connec tion with endowments for masses to be celebrated for the repose of the souls of the departed. About 50 seminaries which refused to comply with the terms of the law are being closed. During the day a number of applica tions for permission to hold religious meetings under the law of 1S81 were made at the prefecture of police by parishion ers from all parts of Paris. Ten such ap plications were filed before 2 o'clock. Re ports from other cities say that similar applications were made. It was rumored during the afternoon that the government is instigating this course in order to in sure keeping the churches at the disposal of the clergy and forcing tho latter into the position of deliberately discontinuing public worship. No disorder was reported from Ard, de partment, where the same procedure adopted In Paris is being followed. No tices to evacuate the edifices belonging to the state were served on the ecclesias tics and seminarists, which were usually met with the response that they would yield to force. Abbes Deny Violating Law. The abbes of the church of St. Pierre du Gros Calllou, St. Augustin and St. Roche, who are being prosecuted under the law making it an offense to utter in places of public worship words calculated to provoke resistance to the lawful au thorities, appeared for preliminary exam ination today. They denied having vio lated the law and their cases were post poned. It was in the churches of the three abbes mentioned that the greatest resistance to the taking of inventories occurred. The ecclesiastics charged with viola tions of the law have appealed to the commissaries of police. They say that in celebrating mass they are within their rights. The trials will take place before the Correctional Court. Proceedings have been. begun in behalf of the government against the Sisters of the Assumption on the charge of con ducting a convent and school for the aristocracy in violation of the. law aaginst education by religious ordefcs. Hostile demonstrations against gov ernment officials occurred at Nantes, Arfas and Angers. The populace of the last-named city attacked the police and a number of persons were hurt. The bishop at Angers exhorted the people to be calm from a window of his residence, and when his words had the desired ef fect, he Invited the crowd of 5000 to ac company him to the cathedral, where he pronounced the benediction. TELLS POPE OF EXPULSION Montagnini Gives Dark Picture of French Outlook. ROME, Dec. 13. Immediately after his arrival here today, Monsignore Montag nini, the expelled secretary of the Nun ciature at Paris, went to the Vatican and conferred with Papal Secretary of State Merry del Val and Monsignor Del la Chiesa and Monsignore Gasparri, the assistant secretaries, and made a long report on the situation in France, es pecially on the documents seized at the Paris Nunciature., several hundreds of which deal entirely with the Franco-Vatican conflict and will be especially inter esting to the French government as showing, it is asserted here, the difference of opinion among the members of the French episcopacy. The report of Mon signore Montagnini will be used for a protest to the- foreign powers against the action of the French government. Immediately after his conference with Cardinal Merry del Val, Monsignore Mon tagnini went to the Pope, who asked for a minute detail of the secretary's expulsion and of the documents seized. Monsignore Montagtni- expressed the dis tress which he felt as a result of his expulsion, and presented to the pontiff a rather dark picture of the situation, saying he believed the present French government will not be induced to change its attitude towards the Vatican. Monsignore Montagnini remains at the Vatican, and it is expected that he will not leave there until the acute stage of the Franco-Vatican crisis has passed. Hus detention at the Vatican has the double object of preventing indiscretion on his part and of having him always at hand for consultation in case of necessity. The Vatican, in addition to a semi official statement made lat evening in the Osservatore Romano, says: To make the applications as intended by the French Minister of Worship. M. Brland, would mean submitting to a moral and ma terial situation which is unbearable to the clergy of France, especially as the churches, places consecrated to God, would be regulat ed in a worse manner than the dancehalls. and the officiating priests would be reduced to the humiliating condition of being simply tolerated. These unjust and dishonorable regulations are aggravated by those regard ing the episcopal residences, oresbyteriesr and seminaries, and therefore accepting the terms of M. Briand's circular would have meant betraying the vital interests of reli gion. The Holy See ordared the clergy to refuse to make the application prescribed by the law of 181. not on account of the applica tion itself, but because of tho other regula tions in M. Briand's circular. A dispatch was received from Cardinal Richard, thanking the Pope for placing the palace of the nunciature at his dis posal and assuring tlie pontiff of his un abated courage. IRELAND SENDS HIS SYMPATHY Archbishop Expresses His Wish for Triumph of the Church. ROME, Dec. 13. Enormous numbers of messages expressing sympathy are arriv ing at the Vatican, and the Vatican offi cials are beginning to turn them over to the Osservatore Romano for publication. This paper tonight publishes two such messages. One is from Archbishop Ire land to Papal Secretary of State Merry del Val. begging him and the Pope to ac cept the deepest sympathy, and express ing the wish for the. ultimate triumph of tho church. Commenting on the mes sages, the Pontiff is reported to have said : "Far distant America is always the first to respond whenever religion, senti ment and patriotism are concerned." OSCAR'S HEART FMU. ROYAL FAMILY CALLED TO PAL ' ACE AT STOCKHOLM. Crown Prince Gustavus Adolphns Hurries From Berlin to His. Father's Bedside. STOCKHOLM, . Dec. 13. Considerable alarm was occasioned today by a state ment that King Oscar is seriously 111, that all the royal family has assembled at the palace and that the Crown Prince Gustavus Adolphus had been summoned hurriedly from Berlls. ' King Oscar has been ailing for some days. His indispo sition was not regarded as serious until Wednesday, when he developed symptoms of heart failure. A bulletin iesued tonight says that the King's condition U) satisfactory. The ac tion of the heart is improving, although the pulse is irregular. His temperature is given as 101. EVILS OF CHILD LABOR Miss Addams Declares America Is in Class With Russia. CINCINNATI, Dec. 13. Before the first session of the child labor convention here tonight, Dr. Felix Adler, chairman of the National child labor committee and professor of political and social ethics in Columbia University, spoke on "The At titude of Society Toward the Child as an Index of Civilization." Professor Adler spoke of the inadequacy and Inefficien cy of state laws and urged the necessity for a National law to furnish a back ground for effective state and local ac tivity and make the enthusiasm of the people contagious in its effect on local bodies, thus inducing greater efforts for the child and a more glorious future for tho Republic. Addresses by Miss Jane Addams, of Hull House, Chicago, and United States Sena tor .A. J. Beveridge followed. A resolu tion was adopted emphasizing tho belief that it is the duty of the several states to correct evils of child labor in local manifestations, but Indorsing "cordially the principle of the fieveridge-Pareons bill for a National child labor law." Miss Adams urged the desirability of uniform legislation against the evils of child labor, and declared that the census reports show America behind every Eu opean country except Russia in so far as child labor and its effects are con cerned. "T,he Best Pill I ever used," is the fre quent remark of purchasers of Carter's Little Liver Pills. When you try them you will snv the .came. Strength Comes Not Trom What You Eat, but From What You Digest. Most people eat most foods without ctiscrimination it matters llttlic what. Few stop to think what that food does for them. ' This Is the first turn on the road to dyspepsia. Reckless, disregard of the proper choice of foods, rapid eat ing and improper mastication, are the unquestioned causes of all stomach dis orders from the slight ache to the ma lignant cancer. There Is nothing more revolting than a dyspeptic stomach a very vat for putrefaction, sending forth its poison throughout the entire system, depress ing the brain, befouling the breath, souring the taste, deadening the mus cles. Incapacitating the liver and kid neys for their work, debilitating the heart, choking the lungs and clogging the bowels. All of these disagreeable and danger ous conditions are due to the improper digestion of food and the consequent assimilation of poison. What else can be expected? If the food lies In the stomach, if the system is constipated, fermentation is the natural outcome. It shows Itself in sour, watery risings, belchings, heartburn and painful breath ing. There is only one way to relieve this condition. If the stomach refuses to digest your food, put something into it that will. Stuart's Dyspepsia Tablets are nothing but digestives. They are not a medicine. They work when the stom ach will not. Each tablet contains enough pepsin, diastase, golden seal and other diges tive elements to reduce 3000 grains of or dinary food to the proper consistency for assimilation into the blood. Stuart's Dyspepsia Tablets are abso lutely pure. There is nothing harmful In them, as shown in their endorsement by 40.000 physicians in the United States and Canada. Ask your family physician his opin ion of Stuart's Dyspepsia Tablets and if he is honest toward you he will state positively that they will cure your stom ach trouble, whatever It may be, unless you have waited too long and have al lowed your disorder to develop Into can cer. Act today and begin to end your suf fering. A free trial package will be sent to your address upon request. The oO-cent size packages are for sale at your druggist's. F. A. Stuart Co., 67 Stuart Bldg., Marshall, Miich. Substantial Trust Company SUCH AS THE Merchants Investment and Trust Company 247 Washington St. Capital $150,000.00 J. FRANK WATSON, Pres. R. L. DURHAM, Vice-Pres. W. H. FEAR, Sec'y- S. C. CATCHING, Asst. Sec'y. O. W. T. MUELLIIAUPT, Cashier. Indicates to the public its strength by the conservatism and intelligence of its management, its modern methods of handling its business and the care exercised in its investments. Our company invites the closest scrutiny, of its transactions. It seeks to gain and maintain the lasting confidence of tho public, and to so guard its every business relation, that no stress of adverse financial storm shall affect it. It pays the maximum interest rates on savings deposits and time certificates consistent with sound banking principles, but prefers to forego the business that may be denied to it on the ground of higher offers elsewhere than to invite disaster by paying more for such borrowed funds than in tlie judgment of its management, it is warranted in doing. The rapid growth of the company and the substantial patron age accorded it in its commercial, its savings and its trust departments attest the appreciation of the public in its policies as briefly outlined above. Correspondence or personal interview solicit touching any phase of our business. ROGUE RIVER VALLEY The Rogue River Valley is located principally in Jackson County, and is noted for fruits and melons. Anything that grows can be raised in profusion in this prolific valley. One of its greatest attractions is the climate, which is a happy medium between the rains of Or egon and the sunshine of California. As a health resort, it has no superior. The Oregonian, as a matter of course, circu lates ahead of all other newspapers, California papers included, which are distributed at the same hour. A year's subscription to The Oregonian to your friends in the East is the best method of .advertising this famous valle', as well as all other parts of Oregon and the Pacific Northwest. THE DOCTORS WHO CURE We want every man who is suffering from" any special disease or condition to come and have a. social chat with us and we will ex plain to you a system of treatment which Dr. W. Norton Davis has developed after over 23 years' experience in the special diseases of men. 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