Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 11, 1908)
TIIE MORNING OREGOXIAX. SATURDAY, JULY 11, 1903. WATSON AGGEPTS vTHEiiiTl Standard-Bearer of Populist Party Makes Character istic Speech. DENOUNCES MONEY POWER Pokes Fun at Roosevelt's Attempt to "Bust" Trusts and Vehemently Assails Federal Courts as Lawbreakers. ATLANTA, Ga., July 10. Thomas E. Watson, of Thompson, Ga.f candidate of the People's Party for President of the United States, was formally noti fied of his nomination by the commit tee appointed at the St. Louis conven tion, at a largely-attended meeting of the Populists in this city tonight. The notification speech was delivered by Judgre Forest, of Albany, N. Y. In accepting the nomination, Mr. Watson made a characteristic speech, going back to the dawn of history and drawing on the story of the decline and fall of Rome for examples of the in evitable fate of an unbridled plutocracy. He also devoted much attention to the money power and lauded both An drew Jackson and Thomas Jefferson - for their efforts to curb the rapacity of the money kings. In reference to present-day problems Mr. Watson said tn part: Speech of Acceptance. For several years a "Big Stick' President ha been engaged In the alleged work of trust -busting. Where's your busted trust? Which one of them haw been put out of busi ness? You can not name it. How can a President, who has been "standing pat" with the tariff standpatter do any effective trust hustlng? You might as well try to purge the Gulf of Mexico without diverting the Mississippi. As long as you "stand pat" as to the river, the Gulf will "stand pat' in ppite of you. We Jeffersonians contend that the trust are the natural offspring of mo nopoly and that the only way to destroy a trust Is to kill the monopoly. Put on the fre liet those article manufactured by the trusts. The foreign competitor will do the rest. The American people, patriotic idiots that we are. give their hearty support to a pro tective policy, a tariff system, which Is a ruinous burden to everybody, with two ex ception. The first exception is the Amer ican manufacturer, who exploits the home market with hl trut: the second is the for eigner, who buys American goods cheaper than we can buy them, cheaper than he can buy the manufactured goods of his own country. It is a literal fact that after the beneflclarifs of special privilege get their por tions or the annual Increase of the Nation's wealth, none of it Is left. Cause of the Recent Panic. Uast Fall there was a panic, in spite of the fact i)iat we had a greater amount of material wealth than ever before. Bank ruptcy went stalking through the land and the cry of distress rang from sea to sea. How cli'l our Republican President, our friend of the "Rig Stick" dt-al with the panic? He followed precedent, doing Just what our Dem ocratic President. Mr. Cleveland, had done. J. P. Morgan was commander-in-chief of the Wall-street "patriots' who forced the panic, Juet as h was In IN93, and to Morgan Roose velt's administration virtually eaid, as Mr. t leveland had said, in Jb: "If nothing else but bonds will do you, come on and get the bonds.' What brought about the panic of 197? The voium of real money has ben so greatly lepsened In comparison with the country's need for money that it Is not dl f ficult to "comer" the available supply. New i'ork did this last Fall. (Yedits of alt sorts had been recklrssly extended, and .when the real money was needed New York was found to be In possession of it, and New York held on to it. Neither banks nor individuals could get back their own money from New York without paving an extortionate price for It. How could the situation have been relieved? The Government should have broken the New York corner on money by Issuing Its own notes, juet as Andrew Jackson did in 1837. Hot Shot for Money Power. The Constitution denies to the states the power to make anything else but gold aud silver a legal tender of payment of debts, yet. today, six thousand National bankers, private citizens though they are. do prac tically what the Constitution forbids the states to do. To the extent of $600,000,000 they already have their personal notes in circulation as money ; under the Aldrich Vreeland bill, they are given the right to Issue an additional .'00.0o0,o00. Think of it! To break the fetters which the money power has fastened upon the people, was one of the leading purposes of Thomas Jef ferson. That he did break that power, in his dav. was one of the crowning glories of Andrew Jarkson. It is an astounding evidence of the success with which the banking class has hypnotized the people, that we the disciples of Jackson and Jef ferson should encounter a storm of perse cution when we endeavor to arouse the peo ple to a knowledge of their financial slavery. To preserve the dignity of the states and the minority of decision It was provided in the judiciary act of 17S9. that the test of the constitutionality of a state law should first be made in the state courts of the state whose law was challenged, and that if the state courts refused to set aside the statute In question, an appeal might be taken from the Supreme Court of the Vnited States. That method of testing the constitutionality of a state law has never been changed by Congress, nor by any amendment to the Federal Constitution. It is the law of the land today. Previous to the Civil War. no state law was ever at tacked In any other manner. Federal Judges Condemned. Where do the Federal Judges of District CAjrt get their authority to enjoin Gov ernors and suspend the operation of state laws, as they have been doing since the Civil War? What line of the revised stat utes gives these lower Federal Courts any such jurisdiction? What clause in the con stitution justifies them? It cannot be found. It does not exist. The act of the Federal Courts that have been enjoining state authorities, annulling state law and arrogating to themselves the right to put a veto on state legislation, is nothing In the world but the encroaching audacity of the corporations, acting through the complicity of the Judge. If ever, bv any chance, I am President of thu republic. I promise you one thing: These ?rrormion henchmen. acting as Federal Judges, are going n get such a call-down as will make them glad to scurry to their con ti tut tonal sphere. To accomplish this, noth itiK more Is needed than that the executive power s-hall assort ttsclf and restore the bal ance between the Executive, the Legislative ind the Judicial Department. If ever I hould represent the Chief Executive power, he manner in which It will be asserted will uake good reading for future generations. Proud of His Record. If we tamely submit to the financial tristocracy which erects its strongholds upon the hetuhts of special privilege and plunders .! through prostitution of Legislative ma chinery if jvc vi Id to these insolent and Insatiable plutocrats without a fitcht, w will b the first branch of the great Teutonic family that ever disgraced Itself by such a puslllanimoua surrend r. I, for one. am proud of a recordi of prolonged and determined bat tle againn the system nf class legtriation whose yoke we bear. And because of this record, 1 accept the nomination which my party ha tend red. BRYAN TALKS AT HOME (Continued from First Page. you now. whatever I may say on the sub jects that divide us, whatever arguments I may advance In support of those policies which to me seem best for the country. X want you always to know and never to forget, that 1 believe that the things that bind us together as citisens are more im portant and mot numerous than our po litical vie a 1 want you to know that, however earnest I may be in the presenta tion of my political Ideas, I recognize at ail times the equal right of every other cttlsen to hold opinions and, as I respect you no less for candidly stating your views. I hope you will think none the less of me If I candidly state my views when the occasion calls for a statement. Lore of Country First. I like to believe that every American citizen places his love of country above his love of party. I like to believe that every American citizen prefers- the triumph of that which is right to the triumph of that which he may believe to be right if he is in fact mistaken. And. my friends, building on this basis, we ran be both earnest and charitable, for. If we love our country, we love our party; we desire ihe triumph of Justice more than th triumph of erroneous opinions; we are prepared for either victory or defeat, for. if we win we know that the victory can only be perma nent If it is a deserved victory, and if it results in the advancement of the common wealth; and we know that if defeat comes, it can only be temporary if we are In fact right and those who win were wrong, and, thus believing In the omnipotence of truth, we are prepared to meet each other upon an honest footing, discuss our differences honestly, bow submissively to the will of the people, and pray that whichever party wins the country's good will be preserved. (Great applause and cheering.) , Can Afford to Lose if Right. My father was a devout man. He did not leave me much In the way of money, and I am not sure but that it was better for me that he did not. for I believe that great wealth is more often a curse than a bless ing to the young man who inherits it. A prospective fortune large enough to relieve one from the necessity of toll is more apt to paralyze one's energies than to be a source of stimulation to him. But while my father did not leave me a fortune, lie left me something that has been worth more to me than all the money of any mtl- f ' ? v. I " V J? r- Sfs. I " ' f - f it Thomas E. Watson, of Georgia, Nominated for President by People's Party. lionaire could have been. He taught me to believe that every righteous principle would triumph. ( Applause.) He taught me when a boy that I could afford to be in the minority, but that T could not afford to be wrong on any question; that if I was in the minority and right. I would some time be in the majority. (Apniause and cheers, and cries of "you will now.") And that if I was in the majority and wrong, I would some time be in the minority. I say to .you. my friends, that that ad vice given to me by my father has been worth more to me than any amount of money could be, and 1 believe that It is a principle that we should Imbue in the minds and in the hearts of all. confidence of the triumph of every righteous cause. If evils come, let us have confidence in the intelli gence and the integrity and the .patriotism of the people. I am an optimist. I be lieve the world is growing better; I be lieve that the great movements for the up lifting of society are going forward with resistless force. We cam ot stop the tri umph of the truth. We may accelerate It; we may retard it; we cannot stop it. But if I were to talk too long on principles like these. I might be tempted to apply them to conditions and to the Issues, and that is not my purpose this morning. domination Comes Freely. A great honor has fallen to us. The voters of a great party have made me their standard-shearer. I need not tell you that I did not buy this nomination. I need not tell you that I had no way of coercing peo ple. Why, my friends, I have no way of coercing the people who live about me no way of coercing the people of Normal or of Uncoln or of Lancaster or of Nebraska, much less of the United States. It is not for me to say whether they have acted wisely at Denver or not; I'm glad that tho responsibility is theirs, not mine. (Laugh ter, t This I know: I appreciate it because it has been a free will offering presented by some six million of my ciuntrymen. We are going to do the best we can to present to the public the issuer of this campaign. We are going tomeet you as best we can, and then we are going to believe that, whatever the result is on election day, it is going to be good, and. If It Is for us, we will feel that we are going to be per mitted to put into practice the principles which will be presented, and. if It is against us. we will know that we can learn by the manner In which our opponents apply their principles whether they were right in ad vocating them or we right In opposing them. You have come out at the beginning of the campaign. Come out just as often as you will. And there is one thing about it, the pleasure of success will be moderated by the fact that it will take us from you, and the sorrow of defeat will be softened by the fact that it will leave us with you. (Great cheering). After the address was concluded there was music by the band. The Mexican serenade La Paloma" was played, it be ing the nominee's favorite , air, and he acknowledged that the. piece was most appropriate, since those animated em blems of harmony were setfree in the convention hall at Denver. After the handshaking which fol lowed the speech was over the visitors were shown over the farm and through the house. In honor of the nomination of Mr. Bryan, citizens' of Lincoln united in a noisy demonstration this morning. The celebration was non-partlean. At 8:20 o'clock whistles were sounded and this was followed by a variety of notee-making devices. Switch engines and locomotives Joined In the noise-making and a band paraded the streets. The nominee sat beside his daughter Grace on a settee when for the third time in his life Mr. Bryan heard himself called to lead his party in a battle of ballots for the Presidency. A. R. Talbot, Mr. Bry an's former law partner, was the first to Krasp his hand and for a moment he was kept busy with both hands acknowledg ing the congratulations of the 15 people In the room. A loving cup filled with unfermented grape juice was brought out, each one present taking a sip. Aside from the candidate's family, his former law partner, his secretary . and Mrs. J. Winger and his sister. Mrs. Allen, Mr. Bryan's companions during the night were newspaper correspondents. Accept ing them as guests. Mr. Bryan whilec away the hours with story after story illustrating his experiences in public life on some point which he desired to make. Hundreds of congratulations were re ceived by telegraph during the day. near ly all predicting success in the Fall. LEAFGREEN TRIAL ENDS St. Louis Court Takes Will Contest Vnder Advisement. ST. LOUIS, July 10. The case of Mrs. Mary Leafgreen. in which she seeks to establish a claim to a widow's share of the estate of laclede J. Howard, has been under advisement by Judge Kin sey. the trial having concluded yesterday- Mrs. I.eafgreen contends she was married to Howard and the latter left her. The defense contends she was never married to Howard, hut was married instead to Thomas Jefferson Miller, who was Mayor of Tumwater, Wash. GRAND FORKS HIT BY S300.DD0 FIRE Early Morning Blaze Drives Hotel Guests Into Street Scantily Clothed. ONE DEAD, ONE MISSING Worst Conflagration In History of Town Two Blocks and Half Are Swept Clean of , All Buildings. VANCOUVER, B. C, July 10.-A special to the Province from Grand Forks says: The worst Are In the history of this city, which is the capital of the smelter district of the Boundary country, started early this morning, supposedly in a va cant hotel, and had made such headway before it was noticed that it looked as if the whole lower end of the town was doomed. Two blocks and a half were completely cleaned out. and the approximate loss which cannot be accurately ascertained at present will reach nearly $300,000, with possibly 26 per cent of Insurance. Charred Body In Ruins. , Barnaby Malo. who was stopping in the Valhalla Hotel, was killed, only his charred remains being found in the ruins. One other person is missing.. The buildings destroyed were: Yale Hotel. Alberta Hall. Valhalla Hotel, Vic toria Hotel, Parre's barber shop, Cana dian Pacific Railway telegraph office, Tel egraph Exchange, Windsor Hotel. British-American Trust Company, Eastern Township Bank, Downey cigar sotre, Province Hotel, Clarendon restaurant, Salvation Army barracks. Grand Forks Hotel, band hall, Foley's residence, Home's residence, White jewelry store, Co-Operative store, Chappelle's plumbing shop. Woodland's drug store, C'ockrane's law office. Dominion express office. Bseldes these places, several buildings which were not occupied were burned to the ground. When it was seen how seri ous the fire was, the steam fire engine was backed down to the river, which, along with the large tank, gave the fire men plenty of water. Guests Flee From Burning Hotels. In several of the hotels guests barely escaped with a. few clothes, and in some cases people made a dash for the street nearly naked. The west side of First street was threatened for some time, and the plate glass windows were broken with the in tense heat from the blocks burning on the east side of the street. The Granby, which had a close call, and the Winnipeg are the only hotels of the city which escaped the flames. Grand Forks is the most important town of the Boundary mining district of British Columbia. It is at the con fluenceof the north fork with the main Kettle River and lies within a few miles of the boundary. It is the site of the large copper smelting plant of the Graves syndicate and is traversed by the Columbia & Western branch of the Canadian Pacific Railroad and by two short railroads running to Repub lic, Wash. It is a remarkably well built, enterprising town, though many of its largest buildings were frame. BABY ELOPERS IN JAIL HOY OF 19 AND GIRL COME TO GRIEF. OF 14 Married In Olympia on Forged Cer tificate, Youthful Lovers Are Located In Tacoma. TACOMA. Wash., July, 10. (Special.) While they were preparing to flee from Tacoma, having been warned that the police were watching for them and that they would be placed under ar rest if found, George Ezra Hollopter. aged 19, and Imogene Glen, now the 14-year-old wife of George, were ar rested this afternoon by city detectives, bringing their alrcastles tumbling down about their heads. The children have been living in Olympia with their parents and have been lover and sweetheart ever since they were old enough to toddle. Last Tuesday they decided to get married. The boy. it is said, forged the name of his bride's parents to an order for a marriage license and they were mar ried by an Olympia minister Tuesday morning. WILL WATER 30,000 ACRES Eastern Capitalists Said to Be Inter ested In La Grande Project. LA GRANDE. Or., July 10. Special.) When the moneyed men from the East WILL NOT RUN FOR FAIRVIEW, LINCOLN, Neb., July 10. The following statement" was made by William J. Bryan, when at 4:34 A. M. he received an nouncement of his nomination as Presidential candidate of the Demo cratic party: "The Presidency is the highest official position in the world, and no one occuping it can afford to have his views upon public ques tions biased by personal ambition. Recognizing his responsibility to God and his obligation to his countrymen, he should enter upon the discharge of his duties with singleness of purpose. Believing that one can best do this when he is not planning for a second term, I announce now. as I have on former occasions, that, if elected, I shall not be a candidate for re-election. "This is a nomination plainly from the people, and my obligation will be purely to the people. I appreciate the honor more because it came not from one person or a few persons, but from the rank and file, acting freely and without compulsion." reach here some time early next week to lay plans before the Commercial Club, wherein they purpose to finance an irri gation project to water something like 30.000 acres of semi-arid land in this val ley, they will be met by a delegation of local business men. Who the financiers are who have prom ised the project Is not publicly known, and much interest centers in their visit. The waters of the Grand Ronde River will be used for this purpose, and the water is to be dammed in a natural ba sin. Considerably over Il.0n0.000 will be spent on the project. Engineers last Fall studied the matter and reported favorably. , August Butterick Patterns and Delineator 16-Button Silk Gloves Double-tipped. 16-button Silk Gloves in black, white, leather and other colors. Famous Kayser, Fownes and Niagara makes. Reg. $1.75 Values 95C PSLlT Children's Wash Dresses " Ages 6 to 16 years. Made of chambray, gingham, etc., in all styles and all colors and patterns. Values to $7.50 1.69 i Misses' Duck Outing Hats White, tan and blue. On sale at center bargain table. Regular 39c Values 10C All Hammocks Are Now Reduced All the new designs of the season in good double-twined weaves, in light and dark effects, full size, with upholstered pillows, spreader and deep valance. $1.50 Hammocks $1.19 $3.50 Hammocks ?3.79 $2.00 Hammocks $1.59 $4.00 Hammocks $3.19 $2.50 Hammocks $2.15 $5.00 Hammocks $3.98 $3.00 Hammocks $2.49 $6.50 Hammocks $5.49 Men's White and Fancy Vests Flannels. Mercerized, Silk Mixtures, etc., in stripes, checks, plaids, figures and plain effects. Values to $4.00 1.55 White Wash Skirts Values to $3.50 $1.Q5. JfllllUS FOR WAR Troops Sent to Quell Outbreak in New Mexico. NO DETAILS ARE GIVEN Rumors That Trouble Is Over Water and Grazing Lands Soldiers Take Field Equipped for Long Campaign. BISBEE, Ariz., Juty 10. An uprising of the Navajos in New Mexico is reported to have occurred and SO soldiers with ma chine guns have been dispatched from Fort Huachua to Fort -Wlngate, N. M.. for the purpose of aiding the troops sta tioned there in quelling the outbreak. No details have been received. READY FOR ipXG CAMPAIGN" Troops Pass Through Flagstaff on Way to Scene. FIAGSTAFF, Arizona. July 10. Troop Ia, Fifth Cavalry. U. S. A., equipped for a long campaign, accompanied by a spe cial battery of Gatling guns, passed through Flagstaff from Fort Whipple to day. The troop has been ordered to Fort Defiance with the balance of the squad ron from Fort Apache, owing to dis turbances among the Navajo Indians and stockmen over public land and water on the adjoining Navajo reservation. Nothing definite is known, but from the preparations ,of the Government, an outbreak is evidently feared. Commoner Reaps Harvest. DENVER. July 10. Indications are that the Commoner, W. J. Bryan's Lincoln publication, through which the Democratic nominee gives his views t the reading public, is slated for a skyward notch in numbers of circu- SECOND TERM. lation. It Is said the Commoner has a big force of boosters busy among the delegates and visitors to the conven tion, gathering in subscriptions, and that their efforts are not without avail. Ask Roosevelt to Attend. OYSTER BAT, July 10. President Roosevelt has received an Invitation to be the guest of Camp Dawson, of the Arctic Brotherhood at the Alaska-Yukon-Pacific Exposition, which will be held in Seattle next year. The Invitation is unique, being engrossed on white skins and containing half a dozen beautiful chotographs of hunting scenes and land scapes in Alaska Territory. The flags of the United States and of Great Britain ornament the head of the Invitation and under these flags is the motto: "No boundary line here." It Is improbable that the President will be able to accept the Invitation of the Alaskans to he their guest owing to his proposed hunting trip in Africa. ARE INDICTED FOR BETTING Xew York Grand Jury Accuses 22 Bookmakers. NEW YORK, July 10. Indictments which. If sustained on trial, may send 22 men charged with bookmaking to jail for one year each, were reported by the Kings County Grand Jury today under the recently enacted anti-betting law. The indictments followed an inquiry ex tending over several days and marked thp culmination of the enforcement meas ures adopted by the Kings County au thorities immediately after the passage of the law at a special session of the Legislature, which had been convened by Governor Hughes after the bills had failed of passage at the regular session. Under the law, which makes the offense charged in the indictments a misdemean or, only a prison sentence may be Imposed upon conviction. That news of the indictments became known before they were reported to the court became apparent when it was found that every one of the 22 men named by the Grand Jury was present in court when the jury's report was made. They were accompanied by counsel and all ex pressed a desire to enter pleas to the in dictment at once. Pleas o not guilty were accepted and Judge Dike paroled all the men In the custody of their counsel until later in the day, when they will be called on to furnish bail in the sum of S500 each. Of the 22 men indicted, three are mem bers of the Metropolitan Turf Association, an organization of bookmakers. They are George Caffarettl, Orlando A. Jones and Edward J. Callahan. Bail in the sum of toOO each for the Indicted men was furnished. WIRELESS FROM FLEET Battleships Report Fine 54 0 Miles Out. Weather SAN FRANCISCO, July 10. The Gov ernment wireless station on the Faral lones, 20 miles off the Golden Gate, was in communication with the Atlan tic fleet at 8 o'slock last night. At that time the fleet was reported to be 640 miles out, with fine weather pre vailing. The formation was still line of squadron, except when maneuver ing. Will Plan New Warships. NEWPORT, R. I.. July 10. There will be a very imposing assembly of Naval officials at the Naval War College to day, the purpose being to discuss plans for battleships and cruisers. The offi cers assigned to this city are Rear Admirals William S. Cowles, C. F. Goodrich, William Swift and A. R. Cou den. and Captains Newton E. Niles, R. R. Ingersoll and Charles J. Badger. Though nothing definite can be learned, it is expected that they will go deeply into the subject of battleships and cruisers as fighting machines. They will determine whether or not the armament of vessels can be in creased with an improvement of their efficiency. Cruiser St. Louis to Be Docked. SAN FRANCISCO. July 10. The pro tected cruiser St. Louis, which arrived here a few days ago from Honolulu with Secretary of the Interior Garfield on board, sailed this afternoon for . the Bremerton Navy-yard, where she will be docked and overhauled. Takes Child From Father. OREGON CITY. Or.. July 10. (Spe cial.) In the Juvenile Court today Ernest, the 4-year-old son of Albert Riggs, of Clackamas Heights, was re moved from the custody ' his fa-r "The Post Girl," the ft Men's Sample Hosiery Odd lots and sizes in plain colors, fancy weaves, embroid ered effects, plaids, stripes, etc. All colors. Values Up to 75c 19c Pclfr Women's Knit Sweaters White, cardinal and gray. Ideal for golf, tennis, walking And sporting wear, Values Up to $5.00 2.95 All Parasols Now Reduced Parasols of every description at tremendous reductions Linen, Pongee, Silk and Gloria. Regular $2.50 Parasols reduced to .$1.45 Regular $3.50 Parasols reduced to $1.95 Regular $4.00 Parasols reduced to $2.75 Regular $5.00 Parasols reduced to $3.50 Regular $6.00 Parasols reduced to ..$4.45 Milan Straw Banded Sailors $2.00 Values $1.19 Women's Long Lawn Kimonos Variety of Styles and Patterns. Reg. Values to $1.85 $1.39 Ea. Sale of Knit Underwear Women's Swiss Ribbed Vests, low neck, no sleeves, Reg. 25c Quality 19C Women's Swiss Ribbed Vests, plain or trimmed, 43c Quality 33C Women's Swiss Ribbed Union Suits, low neck, no sleeves, umbrella style, 85c Values 63C to St. Agnes Home. It was charged by relatives of the child's mother that the lad has not been receiving proper care. Riggs and his wife are separated. FRIENDS ANNUAL MEETING Sessions at Newberg With Delegates From Northwest States. NEWBERG. Or.. July 10. (Special.) Oregon's yearly meeting of the Friends' Church is in session here this week. Members are in attendance from over' this state, from Washington, Idaho, and ministers and visiting mem bers from California and some Eastern states. Officers were elected. Thursday as follows: Presiding clerk. H. Edwin McGrew, Caldwell, Idaho; reading clerk, Mrs. Marguerite P. Elliott: re EIGHTY HALF YEARLY REPORT THE GERMAN SAVINGS AND LOAN SOCIETY 526 California Steet, San Francisco, Cal. SWORN STATEMENT Of the condition and value of the Assets and Liabilities of THE GERMAN SAVINGS AND LOAN SOCIETY, a corporation doing business at No. 526 Cali fornia street. In the City and County of San Francisco, State of California, and where said assets are situated on June 30. 192S. ASSETS 1 $ 8,000,000 United States 4 per cent registered Bonds of 125, the . value of which is 3,667,500.03 2,500,000 United States 2 per cent registered Bonds of 1930, the value of which is 2,625,030.00 Of these bonds J4.500.000 are kept in a safe in the vault of and rented from the New York Stock Ex change Building Company in New York Cltv. 5,068,725 Miscellaneous Municipal Railroad. Cable and Street Railway. Light and other Corporation Bonds. Also sundry Shares of Stock; the value of said Bonds and Shares is 5.T.n.00 $10.568,775 " JU'672'270- Standing on the books of the Corporation at...- $10,668,041.95 2 Promissory notes secured by first lien on Real Estate within this State, the States of Oregon. Washington, Utah, Nevada and Idaho, and Territory of Hawaii; the value of said promts- . sory notes is fc3, 848,804.81 5 Miscellaneous Railroad. Street Railway and other Corporation Bonds and Stock Certificates pledged to the Society for the amount of 240.60.00 4 Bank Building and Lot (including- Vaults and Furniture), the value of which is $175,010.00, standing on the books of the ' Corporation at.' - - 100.00 5 Other Real Estate, situated in the States of California. Oregon and Washington and Territory of Hawaii, the value of which is ; i3tt5.is 6 Cash In 'v:nited''siate.'o'ld and Silver Coin, kept bv said Corporation in its own vaults $2,029,828.03 I" Banks o3.31J.84 Total .' $37,055,263.51 LIABILITIES 1 To Depositors: Said Corporation owes Deposits amounting to. and the value of which is -$34,4.4,oo4..3 2To Stockholders: The amount of Capital Stock actually paid . j 000 00) 00 UD'The condftlon nt said "l'iabliiVy to' stockholders is. that no part of the amount can be paid to them or In any way be wUhdrawn except in payment of losses during the existence of the Corporation, nor until all Depositors shall have been paid in full the amount of their deposits and declared dividends. . a To Depositors and Stockholders: ...... . rS oftn ntt fai The Reserve Fund, the value of which is . . . . . . . 1.3io,000.00 (Including the amount of matured but uncollected interest b TheContingent Fund, the value of which is ...... 78.9S3.S2 (b) Tn5)t10nof 8ald Funds is. that the same have been created for the purpose of additional security to Depositors -Statcfty and County Taxes assessed by the Government, but not yet payable i . ' ....$37,055,263.31 N. OHLANDT. President of the German Savings and Loan Society. GEORGE TOUBNY. Secretary of the German Savings and Loan Society. State of California. atv nnd L'ountv of San Francisco ss. 3 , N Ohlandt and George Tourny. being each separately duly sworn each , Ci . iJ . i.S.. That said N Ohlanrtt is President, and that said George Tournv" "is 'fSecretarvT The German Savings and Loan Society, the Corpora Son above mentioned, and-that the foregoing statement is QHJ ADT GEO. TOURNT. Subscribed and sworn to before me this 30th day of June. 190S. (Seal) . ROBERT R. RUSS, Notary Public Best New Novel, $1.18 cording, clerk. Mrs. Rebecca W. H. Smith; announcing clerk. Walter R. Miles, all of Newberg. Four sessions are held daily through out the week a devotional service at 8 o'clock, public business sessions at 10 A. M. and at 2 P. M. of two hours each, and devotional services again in the evening. Tn the latter. Rev. Lind ley A. Wells, late of Berkeley, Cal., the new pastor of the Portland church, has taken a leading part. The Christian Endeavor rally waa held last night, when an able address by H. Edwin McGrew was listened to by a large audience. The subject of missions was up for consideration this afternoon, the prin cipal address again being delivered by Presiding Clerk H. E. McGrew, who made a stirring appeal for the support of this department of the activities of the church. - FIRST OF