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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (Dec. 14, 1907)
DAirA- CAl'lT.U. JOUIINAL, BAI.BM. OltEOOK. BAfrilDAr, DKCBMIIlilt M, 11107. THE CAPITAL JOURNAL E. IIOFER, Ed. mul Prop. An Independent Nowspapcr DoTOtcd to American Prlnelptca nnd tboTroRfess and Dovclopomcut of All Oregon. Published Hvery Evening Except Sunday, Salem, Ore. SUBSCRIPTION HATES. rinvnrlAblr in Advance.) n.ii i.v oArrler. nor vear 86.00 Tor month .m I.- ....it , vi.nr 4.00 Per month WcUy,:ky mall, per year- 1.00 Six mouths 50c ,MMWU ....33c SPECIAL )EMVER1. For convenience, of subscribers branch delivery cullce3 are estab lished at tho following places at 35 cents per month, $1.00 for thrco Asylum Storo, F. G. Do Voe & Son, Asylum Avonuo Junction. Carllno, Seventeenth street o A. W. Lane, Garden Road storo. Bauo'a Storo, Alex, Dauo, South Commercial Btreot. Electric Storo, G. M. Epploy, East State street. Fair Grounds Storo, Harrison Dee, Fair Grounds Road. Howell's Corner, Twelfth and Cross streets. O. K. Grocery, A. A. Englebart, Twolfth street. Wheeler's Store, W. D. Wheeler, Highland avenue. Yew Park Storq. F. G. Dower ox, Twolfth and Leslie. No man should bo selected for a iccolvorshtp of a busted bank or other business who was closely connected with Its mismanagement. Tho receiver Is supposed to act for those who have suffevod loss by that mismanagement, and not to protest those who ar0 to blame for the losses that have been suffered. . No man should bo selected to conduct., an Investigation of alleged wrongdoing or" mismanagement IN WHICH HE WAS A PARTICIPANT, AS HILL WAS. , . . . n Ha would huvo found It very embarrassing to invofftlguto the conduct of his particular friends and business associates In tho Tltlo Guaranty Trust company bank. - Tho arbitrary power of courts is groat but it should not oxtond to such an infraction of Justice as to put thtro IN CHARGE OF REORGANIZING A RANK WHO WERE GUILTl' OF WRECKING IT. If Mr. Hill and Mr. Ross and thoir associates had turned ovor their .... .i nronnni nnnriKno in. mako good tho losses of tho bank and It would have iald out dollar for dollar they might have named tho ro-t colvor but not othorwleo. TntER. Tho shadows lengthen as tho day grows old, Night draws her curtain round a weary world, And yot, tho tollers strlvo through heat and cold, Shall labor's banner ever stay unfurled. 'Tho flash of lightning gleam from dynamo, : Myriad sparkles, chunglngllght to day. And men beneath this artificial glow, Toll on as If not mndo of mortal clay. ' THE FINANCIAL SITUATION. Oh, yo who plan to multiply your gain, Count mon but pawns, so you may win tho game; . . Yo but Intensify tho cnirso'of Cain, That yo may climb to powor, wealth and fame. Tho world Is getting tired of all this toll With naught to show but multl-mllllonulros Whllo thoso who bravo tho turnaco heat and moll Havo Httlo loft for nil their toll and caroc. Tired! Yes old world, mon noo tho curse of grood, And longing, look for bottormont from law.- How fow tho laws that holp tho poor man's nood And o'on In thorn tho rich may find a flaw. So tired! Oh not of honost labor glvon, For patlont tollers ovor may bo found; - But tired to And, whon they their best havo striven, '. So fow can claim, ono solid rod of ground. Old naturo hnth grown tlrod of cmboIobb din, And alio domnnds her hours of calm repose. 'TIs ho who tills tho soil ropoao doth win, When slumber shall his wiary eyelids closo. v Swoot la tho rest to honost tollors given, No guilty consclonco wakos thorn In tho night, Thoy havo no Bins of grood, for thorn unshrlv'n, ' For thorn uwakoa a morning puro and bright. s Amid tho busy whirl of mills and mon, Is hoard tho cry, "Taka timo to think and rest." And lonrn from nil tho woary thing, Just whon A little Hpoll of rost ing h tho host. Win. Laurlo Hill. . o "THE LION AND TUT .MOUSE." Tho pkiy by Iho abovo title Is tho work of Charle Klein, consldared ono of the groatwt piny writers In the world. It 'Is an original story of tho torrlble PART GREAT WEALTH PLAYS IN THE AFFAIRS OF THE WORLD TODAY. It la bollavod that thla play la dMtlned to be oallod tho gronto8t-su oesa of tho oontury. Th onuthor of this piny Is u very eminent privnto oltlzan who has won tor hlmaolf n national roputntlpn. Tho Grand opera house tonight should ha paokod with Snlam pooplo WHO WANT TO (1I9T INTO TOUCH WITH THE LATEST MORAL THOUGHT. That a beautiful young woman cnould bo nblo to defy tho powor of uroat wealth and polltloal corruption Is tho thomo. o THE CHRISTMAS JOURNAL. Tho sooond advertising odltlon of Tho Capital Journal will apponr on Christmas day. Tho Ohrlstmns Capital Journal will havo a boautlfail 'lllustratod covr AND CONTAIN AHOUT TWKNTY PAGES. Sovarnl thousand oopioa havo been subsorlbod for and sold to soud out to udvortlao tho Capital City. Tho Thanksgiving Journal was woll rooolvod and ALL THE EXTRA COPIES HAVE HERN SENT OUT RY THE HOARD OF TRADE AND ROOSTERS. Sovoral thousand copies of advertising nowspapors can bo used, each month by tho Sulom Commercial bodios. All our ndvortlsora aro ontltlod to spaoo in tho Chrlstmaa Journal and "wo would urge all to propare ndvortlsemonts TO SET FORTH THE AD VANTAGES OF REAUTIFUL SALEM. Thla community has moro advantages and blossings than you can vhuke a aMok at and it is romarkablo that wo havo not mado moro of them". If wo thoroughly appreciated all the advantages wo possess, there would bo no way to koop thousands FROM: COMING HERE AND SIIA1N 3NG THEM WITH US. Lot Rts entor Into tho Christina's spirit of glv'ng tho world our host thought pad effort In nil directions and tho good things will return In creased m hundred fold. Wo aro facing unusual conditions in tho financial world, says George H. Patrldgo In Dry Goods Information. Faith which civilized man Iibb In his follows, and on which rosts tho whole enormous structure of our credit. Bystom, has boon sorlottBly dis turbed by tho disclosures In New York during tho past year of tho great insuranco frauds, tho scoundrelism of stroot railroad magnates, and tho speculation and looting of banks and and trust companies of Now York by tho coppor rings, and othor Bharp wmeu anu unscrupulous muu. Whllo tho woll informed in banking circles In Now York havo known what banks and trust companies woro dopnrtlng from correct methods In thoir conduct of business, and realized such Institutions wero n monaco to this banking center, thoy havo had to wait for them to work out their own destruction, nnd that has happened to como jatst when tho public Is surfoltod with ovldonco of looting of properties and tho division of un warranted profits by means of watered Blocks, sold to tho unsuspecting by mon who havo previously stood high in tho financial world. It la no wondor whon such disclosures bocomo public that tho people become distrustful of all banking inatltntlons, and show their lack of con- fldonco by domandlng their deposits To mako tho situation moro acute, THIS CONDITION COMES JUST AT THE ONE TIME IN THE YEAR WHEN THE WEST LOOKS TO Till? EAST, TO NOT ONLY RETURN THE RANK RALANCES USUAL LY KEIT IN NEW YORK, RUT TO MAKE LIRERAL ADVANCES TO MOVE THE CROPS. With this lack of confidonco facing tho .bnnks of Now York, notwith standing thoy.hold 250 millions of cash, thoy folt It necessary to check cash withdrawals and temporarily not only docllno to advance any mon oy on lonnB to holp move tho crops, but docllno to forward curroncy for tho balancos hold by wostorn banks. Their taking that position nccowarlly forcod othor money contors to adopt tho flnmo policy, or very soon boo thoir cash oxhnuatod. Thoro 1b ovory ronson to expect conlldonco rostorod at an enrly dnto, and that tho Now York banks will feel wnrranted In performing their fusual sorvlco at 'thla season of tho year. If thoy do not, othor arrangomouts will soon bo mado to flnnnco tho crop movomont. Europo is nnxIoiiB for our surplus and ready to pay for It as soon nB BhinPtho monntlmo IT 18 OF THE UAUSSURE OUR CUSTOMERS THAT ERY HUSINESS MAN KEEP HIS HEAD SQUARELY ON HIS SHOUL DERS AND REALIZE THAT, AT LEAST SO FAR AS THE NORTH WEST IS CONCERNED, NOTHINGOF A BHHIOUS CHARACTER CAN HAPPEN. Considering prices, wo havo mngnlflcont crops, and thoy aro takon caro Nearly all tho world wants our surplus, nnd tho grain will not spoil or dopreclato in vnluo if hold a little longor than usual by tho farmors. This moans, of courso, dolnyed collections, nut no iojjb i iu . Whllo tho rotalror and Jobber havo mado their plana to collect out standing ovcrduo mnttora at tfhlB season of tho year, oach must rqcognlzo that conditions aro abnormal and bo govornod by tho circumstances. It la no timo for tho rotnllor to ask tho farmer to sacriflco his proper ty; and all johbors ontltlod to tho confidence nnd pnlronngo of tho ro tall morchnnts should moat fully roallzo that they aro unilor ovory ob ligation to grant such accommodation as Uio unusual conditions de- '" Speaking- for our Arm, I wish to ASSUR OUR CUSTOMERS THAT WE FULLY REALIZE THE CONDITIONS THEY ARE FACING AND KXIMiOT TO GRANT WHATEVER FAVORS ARE NECESSARY HUR ING THIS UNSETTLED AND ARVORMAL PHHIOR. Wo took thla position in grnaBhoppor days, agnln during tho pnnlo of '93 and In tho drouth and black-rust Bcaroa of later dates, and expect always to tnko thla position whon unoxpootod conditions arise. The country Is prosperous In prnctlonlly all linos of bualnoss, tho north woBt nnd woat undisunlly so, nnd a llttlo timo will plnco business on n normal basi3. Until that timo nrrlvoa, tho propor course is ono of mutual conlldonco nnd co-pooratlon. Catarrh One of tho most common of blood dip. eaflos,ia much aggravated by tho fiudden changea of weather at thla timo of year. Begin treatment at onco with Hood's Sarsaparllla, which effects rad leal and permanent cures. This great medlclno lias received 40,366 Testimonials in two yoars, which provo its wonderful efficacy in purifying and enriching tho blood. Best for all blood diseases. In usual liquid form or chocolated tablets known tu Qarsatabs. 100 doses si. mammm o Notice to tho Public. Plonso tako notico that nnv nnn throwing old cans, Junk or rubbish of any kind upon tho public high ways win oo prosccutod to tho full extent of tho law, tho samo being on obstruction to tho highway. By Ordor of tho County Court. 12-7-lw KWDZrjj! ruNARCE HOTELS." m-li-llll III I HH 8 1 H H T . I he J White House Restaurant ? For n Regular 1 25c Dinner at 20c Thoy can't bo beat McGUchrist & Son Proprietors. lillimillllllllllllllM iiiiiiiiimiimiinm ii ELITE HOTEL RoDtaurant and hotol, on ! ! European plan. Moals at all '-', ; ' houro on nhort ordor. Regular dinner 25 cents. Thirty now- ;; ! ! ly flnishod f urnlBhod rooms. ! ! E. ECKERLEN, Prop. '. '. ;; 148 Commercial St. !! n ii i 1 1 1 1 1 1 1 1 immt(ti Tho abo .. brick im.;; " yum flllavAMiAAa nl nrfior;..g": T l ' xuiuumicai uj j. Ae L FI WWABSfc "'""" inrnifttj u Hotel St. Philip Fourth nnd Fifth and IlnniBlde Strc-jts, Portland, Oregon. Now flroproof European Hotol Steam boat. Modern convonlencos. Rates $1.00 per day and up. Union depot car will land you at tho door. H. PIERCE, Prop. HHmHMHMIHMMii -0-- , THE PRINCIPLE OF RECEIVERSHIPS, Judgo Wolvorton dosorves commendation for romoving Mr. Hill from thg rgcQivorahlp of the dofunot Tltlo Guaranty Trust company bank, Thla la not personally a reflection upon Mr. Hill but IN SUPPORT OF A PRINCIPLE THAT SHOULD ORTAIN IN APPOINTMENT OF ALL RECEIVERS. condensed report of the oa pital national rank on 1k- ci:mi5i:u b, 1007. Resources. Liabilities, Loans ami discounts ...9310,301.31 Capital stock $.75,000,00 U. 8. bonds 72,810.75 Surplus nnd undivided Other bonds nnd socurN profits 23,180.01 ties 188,710.5 Circulation 18,500.00 Real eatnto 37,000.71 Rills payable 91,120.8.1 0sh n bnnks $102,801.05 Demand deposits 311,002.11 Cash oil baud 101,811.10 Timo deposits 210,138.81 Total rash on hand and Rank deposits 34,810.08 ilea .... , . 158,710.50 U. S. deposits 50,000.00 TTotnl 9813,727.50 Total 9818,727,50 Established 1885, H. Albert, Piva. E. M. Crolsau, Vico Pros. Jos. IX. Albert, Cashier Badly Mixed Up. Abraham Drown, of Wlntorton, N. Y., had a very remarkablo experi ence ho says: "Doctors got badly mlxod up ovor mo; ono said heart dlsoaso; two celled It kidney troub,1o tho fourth blood poison and tho fifth stomach end liver trouble; but none of thorn holpod mo; so my wlfo advhed trying Electric Bitters, which nro restoring mo to perfect nealth. Ono bottle did mo more good than ill tho flvo doctors proscribed." Guaranteed to euro blood poison, woaknoss and all stomach, liver and kidney complaint, by J. C. Perry druggist, 50c. 0 Ills Inheritance. "What did Smith's father leavo him?" "Only his debts." "How Is ho getting on?" "Increasing his inherltnpco I guess." Brooklyn Eagle. n For any of tho ordinary diseases of tho skin Chamberlain's Salvo Is oxcollent. It not only allays the Itching and smart but effects a euro For sale at Dr, Stono's drug storo. n A Gentle Hint. Cllont Didn't you mako a mis take In going Into law Instead of tho army? Lawyer Why? By the way you charge, there would bo llttlo loft of the enemy. Sacred Heart Review. o Piles Cured in 0 to 14 Days. PAZO OINTMENT Is guaranteed to cure any casa of Itching, Blind, Bleed mg or protruding piles la 6 to 14 day sor money refunded, 50a , About Digestion. U Is not tho quantity of food takon but tho amoiut digested and assimilated that glvoa Btrongth and vitality to tho systom. Chamber lain's Stomach and Llvor Tablets Invigorate tho stomach and liver and enable them to perform their func tions. Tho rosult la a rollsh for your food, Increased Btrongth and weight, greator endurance and a clear head. Prlco 25 conts. Samples free. For salo at Dr Stone's drug Btoro. Steady. "I guess Genevlevo has landed a boau at last." "What makos you say that?" "All her other beaus MBod to quit calling on bur just boforo ChrUtnms, but this ono keeps coming, and he wouldn't do that unless he Intended to buy her a present." Dotrolt Free Pres3, 830 COURT STREET. Call and try Uiom. Meali lBo. Board por ?7oek J2.7C, also furnlahod zoomi vorj roasonnblo. AT TnH Salem MEALS 15c S MIHMHm3tHMW I I M-l-H-WW-W-frH HUH T GRAND OPENING !! Tho Horseshoo Restaurant. ! :: Scott Ferguson old stand, , " thorouchly ronovatod and now ;; ly furnished througuout ..! : : Best 20c Meal in the City J Chicken dlnnor on Sunday t Call and be convinced. E. M. ACKERMAN, Prop. J 000 ainfn Htrnnt. X In . 1 HI 1 1 II it HHH-Bjjj THE 0. K. GROCERY Shock. 'Twill bo moro of a shock Than a Christmas surprise When tho Juno groom gets next To his wife's choice of ties. Detroit Free Press. Ills Views. "What are your views on cur rency ?" asked tho busy citizen. "Mostly sad and reminiscent," answered tho man who had been to tho races. CASTOR I A for Infants and Ckildren. Tfei M Ym Hiyi Always BwcM Bears the Signature of 0&5&. r ' r($ OUR DELIVERY SERVICE ias nro I. as prompt as our gro. - good and, that Is saying muou. shall be glad to make delivery to . .. - Aar he small 0. you wnetner yu -" . . large. If you need anything hurry don't hesitate to let us and wo',1 send i be -just as good as "7 onlr them in person, too. We "anow standard qualities so there i ZJSrSJS rofou order. A. A. ENGLEBART, 12tU St, I , BCILWMA We csaiapolrroiXal bcr yon seed ttUtpnal materially econom III Juit comeindiMH(I our yardi. GOOnALE : UIHIj Wo are a mt havo come to itv Our uniform ts cnlDg, donekyu cner, InweJ Special effort t5 by uttopltw Laundry uM " llrerci. Phone orfwi attention. m CHEAT SEED OnlrHCisUf11 . i .u.n Mieit tw 1 " iicn - j I i T0irpwt fttfiW Pfw t j a-'ll XtNiW "rhM 1 Jfc ?&z frtt5- Twii XTt