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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 28, 1922)
3 THE MORNING OliEGONIAN, TUESDAY, FEBRUARY 28, 1922 U. S. RIGHTS FIRST IN FIXING OF RATES State Borders Disregarded in Rail Commerce. TWO SUITS ARE SETTLED Object of Interstate Commerce Sys tem Declared to Be to Slake System Adequate to Needs. WASHINGTON. D. C Feb. 27. The supreme court without dissent, de claring that "commerce is a unit and does not regard state lines," handed down a decision today through Chief Justice Taft upholding the authority of the interstate commerce commis ion under the transportation act of 1&20 to fix state railroad passenger fares when necessary to remove "un due, unreasonable and unjust dis crimination against interstate com merce." Two cases were presented to the court. One was brought by the rail road commission of Wisconsin against the Chicago, Burlington & Quincy railroad, seeking an injunc tion to prevent the roads of the state from putting into effect on state pas senger traffic the rate of 3.6 cents a mile allowed by the government on interstate travel. One Brought liy New York. The other was brought by the state of iMew York against the federal gov. eminent, me interstate commerce commission and certain railroads of that state, on the ground that the 3-cent fare fixed by the public utility commission produced reasonable re turns to the railroads upon their state -traffic. In both states freight rates had been advanced to the inter state level without objection from the states. "Congress, in its control of its in terstate commerce system, is seeking in the transportation act to make the system adequate to meet the needs of the country by securing for it a reasonable compensatory return for all the work it does," the chief jus tice stated in the opinion. "The states are seeking to use that same system for intrastate traffic. That entails large duties and expendi tures on the interstate commerce system which may burden it unless compensation is received for the in trastate business reasonably propor tionate to that for the intersta business. Congress Has Power. "Congress, as the dominant con troller of interstate commerce, may, therefore, restrain under limitation of the earning power of the inter state commerce system in doing state work. "It can impose any reasonable con dition on a state's use of interstate carriers for intrastate commerce it deems necessary or desirable. This is because of the supremacy of the national power in this field." Referring to the suggestion that the conclusion of the court would give the interstate commerce com mission "unified control of interstate and intrastate commerce," the court declared that such control was uni fied only to the "extent of maintain ing efficient regulation of interstate commerce under the paramount power of congress." The decision of the court "does not involve general regulation of intrastate commerce," it added. Fair Level Is Favored. It suggested that ''the action of the Interstate commerce commission in this regard should be directed to sub stantial disparity which operates as a real discrimination against and ob struction to interstate commerce, and must leave appropriate discretion to the state authorities to deal with in terstate rates as between themselves as on the general level which the in terstate commerce commission has found to be fair to interstates com merce." Discussing the possible effect of blanket Increases in rates in partly ular localities where by discouraging patronage earnings may be decreased. Chief Justice Taft asserted that should such results follow, the inter state commerce commission would be available for appropriate action. Act Held Constitutional. xne court declared, there was "no room for discussion" on the question of the constitutionality of the trans portation act, stating that it "had no doubt in the cases. While "interstate and" intrastate commerce are ordinarily subjected to regulation by different sovereign ties," the court explained, "yet when they are so mingled together that the supreme authority, the nation cannot accept complete active control over interstate commerce without incidental regulation of intrastate commerce, such incidental regulation is not an invasion or state authority. Replying to the objection that the interstate commerce commission "is not to regulate traffic wholly within a state," the court said orders of the commission "as to Intrastate traffic are merely incidental to the reguta tlon or interstate commerce and necessary to its efficiency." Blendlne Declarra Needed. "Effective control of the one," it declared, "must embrace some control over the other in view of the blend-, ing of both in actual operation." The court stated the cases presented two questions, one as to whether "inter state passenger fares work undue prejudice against person in inter state commerce, such as to justify a horizontal increase of them." In an nounced it could not sustain "the sweep" of the commission's order, "on the showing of discriminations against persons or places alone." It Was in disposing of the second question, as to whether state fares in the two cases were undue dis criminations against interstate com merce as a whole which the commis sion is bound by duty to remove, that the court made its findings. The transportation act, the court stated, authorized the commission for the first time "to deal directly with in trastate rates where they are unduly discriminating against the interstate commerce commission" a power which the commission formerly had as to persons and localities. Rates Held Important. "Intrastate rates and the income from them must play a most import ant part," the court added, "in main taining an adequate national rail Way system." Solicitor-General Beck, comment lng on the decision, said "the govern ment naturally is gratified at this signal vindication of the underlying theory of the transportation law of 1920." "This notable decision," the solici tor declared, "is a great step forward . in solving the great problem of transportation." Jury Views Murder Spot. LOS ANGELES, CaU Feb. 27 Mrs. MadaJynne Obenchain, on trial here t charged with the murder of J. Belton Kennedy, viewed the scene of the tragedy with seeming unconcern to day while the surroundings were be ing: pointed out to the Jury. The court made a 50-mile trip by automo bile to visit Beverly Glen, where the shooting occurred, and a point on the Pacific ocean near Santa Monica, where the prosecution contends Ar thur C. Burch, co-defendant in the case, threw a shotgun into the water after using -it to kill Kennedy. While the Jury was making Its In spection Mrs. Obenchain sat on a step where it was declared Kennedy stood when the fatal Bhot was fired. On the second step below her was the faint outline of what, before the win ter rains set In, was a well-defined blood stain. JONES ACT HELD VALID SUPREME COTJRT DECISION IS AGAINST ALASKA PORTS. : Congress May Make Regulations That Differ From Those Gov erning States, It Is Held. WASHINGTON, D. C, Feb. 27. The supreme court, assuming that t'he mer chant marin or Jones act of, June 5, 1920, does give preference to ports of the states over those of the territory, WHAT CONGRESS DID AS ITS , DAY'S WORK. Senate. Debated Tap treaty through out entire day, discussion run ning into evening session. House. Considered District of Colum bia bills. Representative Cable, Ohio, introduced bill providing for the transportation of immi grants In American ships and medical inspection of aliens in foreign ports. Representative Hill urged the house to drop all forms of bonus except cash payments and raise necessary funds by permitting sale of light wines and beer. today in an opinion delivered by Jus tice McReynolds in ddspoeing of a case brought by the territory of Alaska and the Jun-eau Hardware company against the collector of cus toms for the district of Alaska, held the law valid. 'Obviously, the best interests of a detached territory may often demand that its ports be treated very differ ently from those within the states, the court stated, adding, "we can find nothing in the constitution itself or its history which compels the conclu sion that It was Intended to deprive congress of power so to act." Alaska protested that the Jonea act discriminated againet the territory by imposing penalties upon Its commerce with the states which is carried in foreign ships, while it permits ship merits between tlhe. states, to proceed to and from Pacific coast states without penalty by way of Canada, and British ships. The court held tiiat tie acts of congress superseded the treaty with Russia by which Alaska was ob tained, and' that while the Jones act relates to commerce, it does not come within the meaning of the constitu tio-nal provisions which require all duties, imposts and excises shall be uniform throughout the United States." PAY RULES ANNOUNCED Foremen Not to Suffer Reductions , . Even if Shops Curtail. CHICAGO, Feb. 27. The United States railroad labor board tonight announced its decision on rules and working conditions for supervisors of mechanics in the maintenance of equipment department of the rail roads. The new rules will tend to become standard for all railways. They pro vide that all such employes shall be paid on a monthly basis and that foremen who have seven-day a week positions shall have two days off a month, and if for any reason they work these two days they are to be paid extra on a pro-rata basis. The rules also forbid the reduction of foremen's pay because shops may re duce working hours. HISTORIC SPOT BARRED Necro Refuses to Sell Grant's School House Unless Freed. COLUMBUS, O., Feb. 27. Unless William Moore Jr., negro prisoner in the Ohio penitentiary Is released by April 27, the l'ttle red school house at Point Pleasant, O., which U. S. Grant attended as a boy, will take no part In the 100th birthday anniversary of the famous union general who later became president of the United States. Moore has refused high offers for the old school house, which stands on his land near Point Pleasant, until he has been pardoned or paroled. Three places win celebrate Grant's birthday. Point Pleasant, where he was born; Washington, where a me morial will be unveiled and New York where he was buried. CITY MANAGER WANTED Baker Votes Petition to Be Allowed to Change Government. BAKER, Or., Feb. 27. (Special.) A petition bear'ng 535 names, asking that Baker voters be allowed to vote on the matter of changing to the city manager form of government in the May primaries, was presented to the city commissioners at their meeting this afternoon. Mayor Gardner said the matter would be taken under ad visement. E. P. Voruz, Harry Bowen, F. W. Bishop, Al Phillips and' Joseph Stod dard comprised the committee pre senting the petition. They declared that the signatories were representa tive citizens and asked for favorable action. SPANISH INFLUENZA. Guard against It by using FORMAZIN, the ideal mouth wash. Sold by Portland Hotel Pharmacy and other drugstores. Adv. Portland Firm Files Articles. ' SALEM, Or.. Feb. 26. (Special) M. and H. H. Sichel, Inc., is the name of a Portland concern that filed arti cles of Incorporation in the state cor poration department today. The in corporators are Gussie A. Sichel, H. H. Sichel and Chester G. Murphy. The capital stock is $80,000. The Woman's Store, with headquarters at Klamath Falls, has been Incorporated by H. N. Moe, William McNealy and Ginevra Moe. The capital stock is $50,000. For Golds, Cirlp or infl ul as s Preventive, take Laxative BROltO QUININE Tablets. The senulne bears th signature of 15. W. Grove. IBs surs yoa get BHOMO.) JOc. Adv. , S. & H. green stamps for cash. Hol- man Fuel Co., coal and wood, Broad way 6353, 660-21. Adv. SOCIETY BROKER IS HT A. D. Lindsay Captured After National Hunt. PROSECUTOR IS RAPPED Additional Complaints Declared to Have Been Made by Women Who Are Willing to Talk. NEW YORK, Feb. 27 Alfred E. Lindsay," the broker, who today was indicted by the grand jury of charges of grand larceny and embezzlement on the testimony of 11 women to As sistant District Attorney Murphy, charging the broker talked them out of money aggregating $1,000,000 in a stock pool swindle, was arrested to night at Overbrook, Pa., five miles northwest of Philadelphia. He was arrested by Detective-Ser geant Roddy of Inspector Coughlln's staff and locked up for the night in the Ardmore JaiL DeteetiverSergeant Barney iooa. who has been working on the case with Roddy, tonight said he naa mailed certified copies of the indict ment and bench warrant to Lindsay's captor. Roddy notified Manhattan po lice headquarters of the arrest about 8 o'clock tonight and work of obtain ing extradition papers was begun im mediately. 1 Confidence Won by Story. Witnesses declared that Lindsay won their confidence by convincing them of his close business connection with leaders of finance, with whom he said he had nightly meetings at which stock exchange operations were fixed up between games of dominoa The indictment was based on the complaint of Mrs. W. H. Arnold of No. 152 West 74th street, that Lind say obtained from her $17,000 for in vestment in a supposed pool in which Lindsay said he was associated with several financiers who controlled tne market. Mrs. Arnold said she lost $30,000 In all through Lindsay. . Fur ther testimony will be presented to the grand jury tomorrow and other indictments against Lindsay are ex pected. ' More Complaints Reported. Assistant District Attorney Murphy who Dresented the case to the grand jury said he has received additional complaints against Lindsay and has Information that some years ago he operated as a private detective under the name of Alfred Post of the firm of Farrell and Post. Mr. Murphy also has been told that Lindsay, or Post, has a son 20 years old, living in Jer sey City under the name of Post. He has not learned his address or first name. Additional complaints against Lind say were received by telephone letter and through representatives of the complainants, most of whom, Jtr. Murphy said; are women who are willing to tell all they know to tne district attorney but fear that they will get their names in the news papers. One man who complained over the telephone said he would meet a detective on a certain corner and could be Identified by a red-covered maga zine which he would carry in his over coat pocket. Prosecution Is Rapped. Miss Charlotta Nillson, a retired actress living at the Hotel Bucking ham who says Lindsay1 got $20,000 from her, told newspapermen that she had complained against Lindsay three weeksago and had been "waved aside by an assistant district attorney and told me that nothing could be done." She continued: - "This Is the biggest Joke I ever saw. Now we are to be asked a lot of questions, even our ages, I suspect. What is necessary in order that jus tice may be done? Must there be a hundred complaints? Doesn't one count? Is It quantity, not quality, that is needed? Are they Impressed oily by numbers?" Mrs. Dorothy Atwood, 247 West Seventy-second street, who alleges she lost $20,000 through Lindsay, and Mrs. Lillian N. Duke, divorced wife of James B. Duke, the "tobacco king," who says she lost $375,000, also ap peared before the grand jury. Others under subpena were Miss Florence James, 22 East Eighty-ninth street Miss . Margaret Bogart, 15 Central Park West: Miss Helen Burnett, 43 West Forty-eighth street, and Miss Nillson. Miss Adelaide V. Rice, 75, of Riverside, N. Y., telephoned she was too ill to appear. Flash Frightens Woman. Others waiting to testify, though not under subpena, were Major Re- dondo Sutton of the Ritz-Carlton and Dr. Kanute Arvid Enlind. In a cor ridor photographers attempted to take a flashlight of Mrs. Atwood. 'The explosion causea ner to Decome nys terical and she fell, striking her head against a cabinet. She was revived by Dr. Enlind. Major Sutton, who forced Lindsay to return $5000 he had given him for investment, referred to himself as "the biggest boob in the bunch" and said Miss James was defrauded by Lindsay "right under my nose." Miss James' brother, Bradley James, who stood near, said: , 'I can't see why somebody dldn I soak Lindsay in the Jaw." Dr. Enlind talked freely with re porters regarding his friendship for Lindsay, who victimized him also. THIEF WEARS SILK HOSE Young Man Caught Stealing Lin gerie Off Clothes Line. - When Walter Jackson, 25 years old, attempted to steal clothes off of Mrs. Sig Sichel's clothes line back of the apartments at 161 North Twenty third street, W. C. Goodman, pro prietor of the apartment, saw him, gave chase and captured the thief, who had stuffed under his shabby coat four dainty pieces of lingerie. , The arm of Justice was restrained temporarily -when Mrs. Sichel refused to go to the police station to Identify her stolen garments, but Deputy Dis trict Attorney Mowry finally decided that Goodman could Identify the prop erty, as he had seen it hanging oh be clothes line, and justice resumed its natural course. Jackson was ar rested charged with petty larceny. . When the Jailers at the city Jail were searching Jackson, one felt a peculiar roll on his leg just above the knee. When he pulled up his trouser leg he found the man was wearing a pair of lady's silk hose. DRIVER YET UNCONSCIOUS Ernest T. Johns Hurled Through Windshield as Auto Hits Train. Twenty-four hom-s after he had crashed his automobile in a freight train at Grand avenue and Sherman street, Ernest T. Johns was still un conscious in Good Samaritan hospital REPORTED GAUG from a crushed skull, sustained when he was hurled through the windshelld I and landed head first against the iron side of a freight cay. Attendants of ! the hospital said his recovery was doubtful. . , . The other two boys Injured in the collision, Gatano Piccolo and Earl Stanish, were both released from the hospital yesterday. The accident occurred late Sunday r.ight when Johns' machine, traveling at the rate of 25 miles an hour, ran into, a freight train standing across Grand avenue. Although liquor was found in the machine and one of the occupants maintained that Johns had been drinking, Captain Lewis of the traffic department said that no action would be taken until the outcome of Johns' injuries were ascertained. 7 MORE BROKERS FAIL FIVE NEW YORK FIRMS GO TO . ; ' WALIi IN DAY. One House at Montreal and An other at Philadelphia Close. Detroit Probe Begun. NEW YORK, Feb. , 27. Financial troubles overtook five more broker age houses in Wall street today. Involuntary bankruptcy petitions were filed against four, while a fifth, C. W. Starbuck & Co., made a volun tary assignment for the benefit of creditors. Today's failures brought the totals since last November to 85. The firm of Mosher & Wallace was the first to go down today, announcement of its suspension from the Consolidated Stock Exchange being followed quickly by the filing of a bankruptcy petition In federal court. Liabilities were estimated at $175,000, while assets were not stated. The same fate overtook Thomas H. Coley & Co and SheVry & Falkland, liabilities and assets of the tormer being listed, respectively, as $100,000 and $40,000, while in the case of Shewry & Falkland liabilities alone were estimated at $60,000. .Neither liabilities nor assets were estimated in the petition against Gamble & Yates. This firm, like C. W. Starbuok & Co, is an "outside" house, with no exchange connections. DETROIT, Feb. 27. Preliminary steps in an investigation into the affairs of L. J. Sinkula & Co., a stock brokerage concern, were taken by Prosecuting Attorney Voorhies when the company's two offices here failed to open, for business. MONTREAL, Feb. 27 The broker age house of Tousaw, Hart & Ander son has assigned for the benefit of creditors. The announcement was made today from the rostrum of the Montreal Stock Exchange. PHILADELPHIA, Feb. 27. The brokerage firm of P. K. Guthrie & Co., members of the Philadelphia Stock Exchange, mado a general as signment today. VALUES WILL BE FIXED Oregon and Idaho Commissioners "to Hold Interstate Hearing. SALEM, Or., Feb. 26. (Special) - H. H. Corey left here tonight for On tario, where he will attend a hearing of the Oregon and Idaho public serv ice commissions with relation to fix ing the Valuations of the Idaho Power company. The corporation operates extensively in both Oregon and Idaho. There also will be considered at this hearing a petition asking for the elimination of a 10 per cent surcharge added to the power rates for irriga tion works during the war. Another hearing will be held with relation to an application of the Ore gon Short Line Railroad company to establish tri-weekly service on the Ontario-Brogan and Ontario-Crane branches of the railway system. The company at present is giving daily service on these branches. On March 4 a hearing will be held at Elgin to consider an application for an overhead crossing over the tracks of the Oregon-Washington Railroad & Navigation company near Rhinehart. RAIL PROFITS DECREASE Earnings of Equipment Companies Fall Below Those of 1920. NEW YORK, Feb. 27. The extern to which railway equipment com panies 'have beeni affected by the in ability of the railroad oompajiiie9 to improve their physical condition was asserted im the 1921 report of the American Locomotive company. Gross earnings were only $35,711,- 507 against $66,884,613 in 1920; gross profits fell from $8,841,441 to $5,605,- 029 and the net credit to surplus ac count after paying regular dividends on the preferred and common shares, was reduced from $1,861,126 to $833,- 786. Total inventories were 'cut to $4,751,901, compared with $15,119,342 in the previous year and1 total current assets of $44,415,922 show a decrease of almost $5,000,000. HANGING SKELETON FOUND Disappearance of Redland Ranch Employe Thought Solved. OREGON CITY, Or., Feb. 27. (Spe cial.) Discovery of the skeleton of a man who evidently committed suicide by hanging himself to a tree today was believed by local officials to have solved the mystery of the disappear ance of Louis Larsen, an employe on the Otto W. Fisher ranch at Redland and a twin brother of Peter Larsen of Portland. Larsen disappeared on November 14, 1919. Despondency over ill health is believed to have caused him to com mit suicide. The skeleton was identified by a watch and personal effects which had fallen to the ground when the cloth ng rotted. Still Seized; Men Arrested. KLAMATH FALLS, Or., Feb". 27. (Special.) A still and four barrels ot mash were found, today in the home of a foreigner booked by the police as John Smith. The discovery followed disclosures after Smith's ar rest for beating a woman on Main street. The woman alleged that Smith owed her husband $5d, and when she sought to collect it he struck her and knocked her down. FOR RENT Splendid comer room on . mam floor, 50x160 feet, and part of basement on Front street on three-year lease. Apply 80 Front street. . v.: T ON TREATIES I BEGUN IN WE Johnson and Reed Leaders in Attack. YAP DEBATE LAUNCHED Opponents of Conference Pro gramme Carry on . Deter mined All-Day Assault. t WASHINGTON, D. C, Feb. 27. The first concerted attack on the arms conference treaties, character ized. by tactics which administration leaders opemy charged suggested a filibuster, was launched In the senate today Just as, the foreign relations committee completed its consideration of the covenants and ordered all of them favorably reported. After several hours of wrangling a unanimous agreement was reached to vote not later than 3 P. M. Thursday on ratification of the treaty with Japan relating to Yap and other man dated islands In the Pacific. Imme diately afterward debate is to begin on the other treaties resulting from the conference negotiations. Using the Yap treaty as the imme diate vehicle of their discussion, but interspersing remarks on many other subjects and frequent quorum calls, opponents of the conference pro gramme carried on such a determined all-day assault that the senate man agers prolonged the session into the evening In the hope of wearing down their assailants. One incident to the series of pointed exenanges running through the de bate was a complete disclaimer from the democratic side that "political op position" has been organized against the treaties or had been counseled by former President Wilson. Johnson Leads Attack. The attack on the Yap treaty, dur ing which many stray shots were taken at others of the arms confer ence agreements, was led by Senator Johnson, republican, California, and Reed, democrat, Missouri. The for mer characterized the Yap pact as "a dismal prologue" to the conference series of covenants, and the latter openly charged republican leaders with an effort to force the treaties through the senate before the coun try discovered what they contain. When it became known that the foreign relations committee had given Its approval to the general far east ern and the Chinese tariff treaties the last two of the conference series remaining before it the . expected flood of proposed reservations began to make Its appearance on the senate floor. Three related to the four power treaty, two offered by Senator Robinson, democrat, Arkansas, and one by Senator Pomerene, democrat, Ohio. Senator King, democrat, Utah, also drew up a reservation to the Yap treaty providing that the control given Japan over the mandated Pa cific islands should be regarded only as administrative and in no sense as carrying sovereignty with It The Yap treaty was defended by Senator Underwood of Alabama, dem ocratic leader and a member of the American arms conference delega tion. , Oregon's Best Coal Southport. Try a sack. 7oe. Bdwy. 70. Adv. ST Two kinds of ketchup Ketchup that makes everything taste like ketchup is one thing. Ketchup that adds a delicious tang to the original flavor of other foods and makes them taste better is quite another thing. That's the difference between ketchup and Heinz Tomato Ketchup. HEINZ TOMATO KETCHUP THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE U. S. 120 BROADWAY, NEW YORK THE EQUITABLE'S 62d Annual Statement, from which the following figures are taken, and which records substantial gains in Assets, Surplus, Outstanding Insurance, Income and Payments to Policyholders, will be sent to any address on request. OUTSTANDING INSURANCE, Dec. 31, 1921. . . . $2,317,970,732 NEW INSURANCE issued and paid for in 1921 . . $427,193,301 Exclusive of $30,114,408 of Group Insurance. PAID TO POLICYHOLDERS in 1921 $83,678,000 PAID POLICYHOLDERS Since Organization. . . $1,458,650,000 Over 98 of the domestic death claims paid1 in 1921 were settled within twenty four hours after receipt of due proofs. of death, r The rate of mortality among: Equitable policyholders for the year was the lowest in the history of the Society. During the year over $75,000,000 was invested for Policyholders at ' an average yield of 5.88. ASSETS, December 31, 1921. . i $655,301,018 INSURANCE RESERVE. $536,872,300 Other Liabilities 20,173,737 557,046,037 SURPLUS RESERVES: For distribution in 1922 ' On Annual Dividend Policies . .$13,900,000 On Deferred Dividend Policies 12,248,772 26,148,772 Awaiting apportionment on deferred dividend policies. . 36,400,411 For Contingencies t 35,705,798 $655,301,018 THE EQUITABLE issues all forms of Life Insurance and Annuities, including: A LIFE INCOME POLICY under which the beneficiary receives a monthly income for life the safest and the best kind of insurance for family protection. A GROUP POLICY by which an employer protects the families of his employes. A CORPORATE POLICY to safeguard business interests. A CONVERTIBLE POLICY which can be modified to meet changing conditions. AN INCOME BOND to provide for the declining years of the purchaser. AN ENDOWMENT ANNUITY POLICY providing an income for life after age 65. AN EDUCATIONAL POLICY providing a fund for the college training of a son or daughter. A POLICY TO PAY INHERITANCE TAXES Full information regarding any of these forms will be sent on request. Clark E. Nelson, Oregonian Building, popular 1 home for Portland visitors. Manager. PILES Fistula, Fis sure, Itching and all other rectal condi tions except Cancer perma nently cured without a sur gical opera tion. My method is painless, require no anesthetic and Is permanent There Is no confinement In bed, no interference with business or so cial engagements. I eliminate all doubt as to re sults by agreeing, to return your fee If I fail to cure your Piles. Call or write for Booklet. DR. C. J. DEAN 24 aad Morrison Sts Portland, Or. Mentionthis paper when writing. AN ENEMY TO GOOD HEALTH Good health has no greater enemy than constipation. Foley Cathartic Tablets are mild but sure in action. They banish biliousness, bloating, bad breath, coated tongue, sick headache, bout stomach and other ills caused by indigestion. Take one tonight and you pill feel better in the morning, SOLD EVERYWHERE. TON fdlefsenFuelCo. Phone Broadway 70 301 Oak at 5th Phone Your Want Ads to THE OREGONIAN Main 7070 Automatic 560-95 HJmpmal W.A.DAY Agency Mgr., Portland, Oregon STNOPSI3 OF THIS ANNUAL STATE MENT OF The Bankers' Reserve Life Company of Omaha, In the state ef Nebraska, on cne tmrty-nrst flay or December, lvzi, made to the Insurance Commissioner of the State of Oregon, pursuant to law: CAPITAL. Amount of capital stock paid up S 100.000.00 INCOME. Total premium lncqme for tne year s .ji.is Interest, dividends and rents received during the year. . . 665.260.41 Income from other sources. received during- the year... 63,478.57 Total Income 8,411,030.70 DISBURSEMENTS. Paid for losses, endowments, annuities and surrender values S 862,469.71 Dividends paid to policyhold ers during the year 299.712.66 Dividends paid on capital stock during the year 10,000.00 Commiislons and salaries - paid during the year 632,229.76 Taxes, licenses and fees paid during the year S6.6S9.00 Amount of all other expen ditures 2S3, 007.95 Total expenditures S 2.144.109.09 ASSETS. Value of stocks and bonds owned (market or amortized value) $ 7.474,073.40 Loans on mortgages and col lateral, etc 1,129,200.00 Premium notes and policy loans 2,492,287.93 Cash In banks and on hand.. 461.090.00 Net uncollected and deferred premiums 126,092.22 Interest and rents due and accrued S3.031.70 Other assets (net) 17,249.93 Total admitted assets... Less not admitted .111.783, 28, 005.18 736.72 Total admitted assets tll.7S4.269.46 LIABILITIES. Net reserves f 9,593,295.63 Gross claims for losses unpaid 17,662.00 Ail other liabilities 764,415.58 Total liabilities, exclusive of capital stock of $100,- 000.00 $10,375,273.19 BUSINESS IN OREGON FOR THE TEAR. Gross premiums received dur ing the year $ 85,433.56 Premiums end dividends re turned during the year. .... 15.494.94 Losses paid during the year. . 13.376.04) Name of company, The Bankers Re serve Life company. Name of president, R. L. Roblson. Name of secretary, H. C. Wagner. Statutory resident attorney for service, Insurance Commissioner. "Cascarets"10c For Headache, Liver, Bowels No griping or Inconvenience follows a thorough liver and bowel cleansing wltb Cascarets. Sick headache, bil iousness, gases, Indigestion, sour, up set stomach, and all such distress gone by morning. Nicest physic on earth for grown-ups and children. 10s a box. Taste like candy. Ady, President THOMPSONS Deep-Carve Lenses Are Better. 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Prevents throat infection; possibly laryngitis, tonsillitis, influenza, f Its powerful antiseptic mixes witfi the saliva and thoroughly bathes the mem branes in the mouth and throat. Get a bottle today of your druggist. Relieves hoarseness. Singers, smokers, speakers, actors, lecturers, etc., find them helpful. Children like them. 60c at all druggists. ormami. GERM-FIGHTING THROAT TABLETS FatTOftnunt if our trade mark. It identifies ourDroduct. Btwr Cfvmie! Co. Inc., New York m XI