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About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (July 29, 1911)
01OTEl VOL. XXI. SALEM. OREGON, SATVRDAV, JX'LY 29, 19U. NO. 180. LEDYARD IS A HE FEARED THE COMPANY MIGHT BREAK SO BEAT FATE TO IT AND BROKE IT HIMSELF Tennessee Coal and Iron Com pany Owed $30,000,000, and the Banks Were Crowding Them Morgan Feared if Moore and Schley, at the Head of the Company Failed, Many Would Follow, and There Was No Telling Who It Would Be On His Suggestion and Advice the Stock Was Bought Against the Wishes of Fric k and Gray. New York, July 29. That J. Pierfont Morgan, In aiding the steel trust to gobble the Tennessee Coal and Iron company, was acting purely as a public benefactor was the sub stance of a story of the merger told here today by Lewis Cass Leryard before the Stanley house Investiga ting committee. Ledyard said his client, Colonel Oliver Payne, firsit suggested the sale and Ledyard had conducted the nego tiations with Morgan. Ledyard then detailed the strained financial condi tions eisting in 1A07, and recited at length the story of all day and all night conferences in Morgan's li brary. The last wecT In October, 1907," said Ledyard, ' Payne told me that Moore and Schley were holding Ten nessee stock, that they were deeply maeutea to mm, and that the banks had called on the firms for better se curities. "Payne then suggested that the United States steel corporation, might he induced to buy out the Tennessee company, and said that he would sug gest to Schley that the latter ask to see Morgan about It. At 10 o'clock Says Hay Identified His Slayer. San Francisco. Jn1v 29 That Captain Michael K. fnnhnv urna Man. titled by Bernard Lagan as his slay er before the bov riled wna th tontl. fmony offered today by Dr. John D. il-agan, uncle of the-dead boy, in the orajua irmi or Conboy, who was sranted a new tHni ofto. hoinv r,n jiicted and sentenced to eight years prison. I Dr. Lagan also testified that Con wy, who was in the room at the t'nie the boy made his identification, WW. "Vh. Mm nnnr lwt T iliarm a hair of his head." Iliirirliirized His Office. San Rafael fnl lulu oa vtnttn : ie had lost the keys to his office and Hat every locksmith in town was W, Stat.; Senator F. B. Martinelli .failed out the (ire department. A Mg extension lartilpr wna nlovari gainst his window and entrance ef fected. THE TOBACCO TRUST WILL REORGANIZE rsiTED muss LEASED WIH1.1 APW Vn-W I.. I ftA .. ' Triio.I , JU1' me terms oi Ffo utlon ot tne tobacco trust and Wn . It,r reorganization will be km vi ,3 stock and Dond holders tiea out present Plana are car" terms will not be made public' H 2 Vhe stoholdera are notified. Wi w.ev'er' have been ,8Suel fr IboX ,,f the- Preferred stock and l the ,hLoh w,n grantee the stock f 1 the tobacco trust. Wn,u p,lanned to issue certificates of K1'1"1 stock anl bond holders n Z V 6 cnaneed for new stock 'no k ane,0r,ganlze(1 companies. All ty L Jtt ion(l3 are to be deposited H rZn 2,8' hen It is expected, non winTizatlon BCherae decided Statei i. e"euiea 10 tne united l circuit court of appeals. TO PREACH SCXDAT lowaM"' Marshall, of Corning, Wton. 'vull?Py the First Congre- ioas ui i ,uu sunaay m trial ser MthL . C'V he has been invited tr Oliver ror',thhe has ben lnvlted to 11 i co . a I a .... UQlt ,a a grauuaie oi i'f nntc, f, '.a,IQ comes of a family lloer Ti-ni r, - "' l"c MIS t note in i Consregational minister .le "1 Iowa, awrvln , 1. t III1 tv Irt W . , r lurches n j "s't -3 abn'i. a man of ereat busl lYnK an,' . rator. :ure mm . ' wno 18 now a r08" Periemll' wth considerable pulpit !i3- and it V ,a be 8iven a hear ifher i, f .he anjthing like his lJt Salem i, , a man wrth having i1' the li, i 8 understood that gome ;o h,L rraJ? members have decided Jlpit nrst class man in their 'ine n Z 1 and that is the 1 80me more of the churches lElOlllST, AS GREAT PHILANTHROPIST (that night Schley telephoned me, and I went to his office. "Schley outlined to me the situa I tlon of his company with outstanding debts of $30,000,000. Then I saw f Morgan and outlined to him Moore and Schlty's Ideas exactly. He was most concerned at the serious aspect of the situation, and expressed the gravest fear lest Moore and Schley fail and carry down with them not only firms in New York, but also in Philadelphia, Boston and Chicago. , Though the securities of all these firms were doubtful, the Moore and : Schley case was the mpst aggrieved. "Morgan said there was no telling who would failjf Moore and Schley d!d. He at once summoned H. C. : Prick, Judge Gary and others of the I finance committee of the United i States steel corporation. Gary was i most reluctant to buy the stock, j Schley said he would take nothing be low par, but Gary insisted It was worth no more than 60." I E. W. Ogles-by, of Cleveland, was vthe next witness. He told of the sales of the Tennessee company, du plicating the story told yesterday by L. C. Hanna of the transaction. UNITED PBESS LEASED WIUS.l Sydney, N. S., July 29. After one of the most exciting and gruelling races held over the Paramatta course for many years, Richard Arnst, the world's champion oars, man, today successfully defended his title against Harry Pearce, of Aus tralia. Arnst won by four lengths, but he had to extend himself to the utmost to do so. Pearce led for the first mile, but could not stand the terrible pace he set at the start. Arnst pulled up then, and It was a gruelling contest right to the finish. Both men were completely exhausted when they crossed the finish line. Arnst rowed in magnificent form, and his championship laurels seem safe for some time. o Fire Is Unchecked. UNITD PBERS LB'iSS WIBB." San Bernardino, Cal., .July 29. Fifty additional fire fighters were on the scene of the fire which Is sweep ing over the side of the San Bernar dino mountains today but the addi tion to the fighting force has made but little check In progress of the flames. -o Eddie Smith All In. Oakland, Cal., July 29. Eddie Smith, the well known fight referee and sporting writer, who has been confined to a sanitarium for two weeks, suffered a relapse this morn ing and his condition is regarded as very serious. SUBLIMITY IMMIGRATION AGENT SAILS Frank Bell, of Sublimity, who is making a three months' tour of Ger many in the Interest of German Im migration for Oregon, writes The .Capital Journal from New York, of date July 24: "Arrived at New York yesterday all safe and Bound. Will sail Thurs day, 10 a. m on board the Kron princessin Cecelia. But there Is no country in the United States like Or egon. Everywhere, as far as I went, Is dried up as far as grain is con cerned. Corn Is looking fairly well, as there was some rain the last few ABHST IS AT OARS days." HE PUTS Suffrage In California. Denver, Colo., July 29. "Every woman in California is wearing some sort of badge. And they all mean 'vote for the eighth amendment Oct. 10. " said Mrs. F. A. Wixson, state superintendent of public instruc tlon here today on er return from San Francisco, where she attended the national education association convention. Mrs. Wixson has been lecturing throughout California. "The question of equal suf frage in California will be set tled In October," said Mrs. Wixson. "The women are In earnest on the suffrage' matter, and I believe they will get the vote." SENATOR BAILEY TO BE FIRED Dallas, Tex., July 29. That pro hibition will play a big part in the coming senatorial and gubernatorial elections here, and that Senator Jos. W. Bailey, whose attitude Is known to be favorable to the liquor Inter ests, and was rebuked in the Btate wide prohibition campaign, will have the fight of his life to secure re election, today is said to be certain. The state legislature has a "dry" ma jorlty in both branches, and the showing of prohibition strength throughout the state, which held the antls to little more than a nominal victory in the special amendment elec tlon, places an element in power that is fully as antagonistic to Bailey as It is opposed to the liquor traffic. The prohibitionists are also deter mined to make an energetic effort to eliminate Governor O. B. Colquitt, who Is eligible for another two year term, from official life in Texas. Colquitt incurred the wrath of the prohibitionists by stumping the state against the prohibitionist amend ment. Chairman Ball, of the prohibition executive committee, is spoken of as the most likely candidate against Colquitt. An avowed candidate to succeed Bailey In the senate is Congressman C. B. Randell. Former Governor Thomas M. Campbell, who supported prohibition, is also almost certain to enter the race against Bailey. o - May lie She Will. Philadelphia, Pa., July 29. Miss Dora Keen, noted climber of the Alps, Is fitting out an expedition to scale Mount McKinley, and search for the records which Dr. Cook, the Arctic explorer, says he left there. o DETECTIVES SENTENCED TO THE PEN Erie, Pa., July 29. Gilbert Per kins and Charles Franklin, manager of the Perkins Detective company's Philadelphia agency, were found guilty here today of attempted black mail, and of having used the malls wrongfully. Perkins and his employe, who have been opposed to the Burns detective agency in the McNamara cases, were arrested some weeks ago, charged with having sent threatening letters to the family of Charles Strang, the dead millionaire, whose mausoleum was despoiled here. The government charged that Per k'ns and Franklin, who were origin ally employed to watch the ghouls, conspired to frighten 'the Strongs, ex pecting that they would be employed to furnish guards for the mauso leum. The prisoners declare that their arrest is due to a conspiracy by mem bers of the Burns agency. After conviction Judge Orr lmme diately sentenced Franklin to five years "and Perkins to three years in Leavenworth prison. Perkins broke down and begged for mercy. - The prisoners will appeal the case. WANT MORE MOXEY TO RAISE THE MAINE Washington, July 29. That about $200,000 morer will be needed to re move the wreck of the battleship Maine from Havana harbor is de clared here today. Congress is to be asked to provide the money at once. To date more than $400,000 has been expended on the Maine. It Is said that fully three months' work rema'ns to be done on the vessel, which will have to be removeV piece meal from the mud bank on which It lies. Second Choice nest. Chicago, July 29. That the second choice In the matrimoni- al game is always the best is the opinion of George M. Fergu- son, originator of the trial sep aration idea, who today is on his second honeymoon. The first love, Ferguson de- clares, Is animated by imprac- ticable and impulsive emotions and 19 lacking in common sense, 4 both of which faults, he said, were eliminated In the second marriage. Ferguson and the first Mrs. Ferguson differed and agreed . to remain apart for a year to see if "absence made the heart grow fonder.' Instead 4 a divorce1 resulted. THE BOOTH KELLY ILL IS Big Plant at Springfield a Total Loss and Five Million Feet of Lumber Went With the Pla.nt LOSS QUARTER OF MILLION Mill Company's Pump Unavailable on Account of the Fire and the lllg Pump Plant Just Installed to Fur nish the City Water, Broke When the Pressure Was Put on It Springfield Saved bjr Change of Wind. Springfield, Or., July 29. Fire, en tailing a loss which will total more than a quarter of a million dollars, last night destroyed the Booth-Kelly Company's sawmill, planing mill, dryer and 5,000,000,000 feet of lum ber. Only a sudden change of the high wind, which shifted the flames then rapidly sweeping toward the city, saved Springfield from what, for a time, looked like total destruction. As a result of the -conflagration Springfield, Eugene, Halsey and Brownsville are without electrical power or light and Springfield Is wthout any water supply. That Springfield had a close call to destruction is evidenced by the fact that just before the wind shifted the flames had reached within 50 feet ot a Southern Pacific oil tank containing 1,000 gallons of oil, wi:!ih was within 150 feet of a larger tank containing 250,000 gallons of oil. Flumes' Het Intense. The fire was within 150 yards of the business section of this city, and so hot on Main street that it was necessary to shield the face hun dreds of feet distant. The new $100,000 Oregon Power Company fireproof power plant stood intact with the fire within 20 feet on three sides and heat so intense that the metal window frames were red hot. Inside this building pumps were operated, throwing 700 gallons a minute on the fire to prevent its spread. When the mill dam burned, the source of the water was cut off and the city was entirely without fire protection. As a result of the fire a pay roll of $12,000 a month stops. The men in the power plant proved heroes with the blistering heat on all sides. A. J. Valentine, engineer, stuck to his engines throughout the fire, while Claude Washburn, a 20-year-old boy, stayed in one place holding cloths about a leak In the only pipe furnishing water. Three thousand cords of fuel tor the power nlant were destroyed. Wood will be shipped In the morning from Wend ling, and power service will be re sumed. Insurance Not Henvr. The sawmill and planer were In sured for $105,000. The 5,000,000 feet of lumber was Insured at $50,000. The fire started from an overheated bearing in trie northeast part of the main mill near the englne-rom. In less than 70 seconds the whole mill was in flames. So rapid was the spread of the Are that the watchman had difficulty In making his way about the main por tion of the -structure before it was entirely afire. Black smoke went up in huge blast as if by an explosion. Within 10 minutes the entire plant was burning, with the fire covering over 20 acres. The heat was Intense. Light was sufficient to read time on a watch In Fligene three and one half miles distant. The Sotuhern Pa cific depot, 200 feet from the mill, was covered with water and protect ed from destruction. A switch en gine removed 30 cars from the rail road yards without loss. A. C. Dixon, general manager of (Continued on Page 4.) BURRED WHAT ALL THE TROUBLE EACH WANTS TO DOSS Wilde Will Come. . San Francisco, July 29. A warrant for the arrest of Louise 4 , J. Wilde, wanted In Portland on a charge of bank wrecking, Is scheduled to be issued to Dep uty Sheriff Leonard, of Port- land here this afternoon. Wilde left San Diego today for San Francisco, and will ar rive here Monday morning. The warrant will be served at that time, and Wilde and the deputy sheriff will take the Shasta limited at 11:20 o'clock, arriving in Portland at S o'clock Tuesday. Arrangements are made for Wilde's ball, and it Is thought he will be released immediately upon arrival In Portland. JEW BERG WILL HELP GUILD ROAD Declaring that there are already many miles of good roads built on the west side of the Willamette river, and that they are in readiness at any time to give all kinds of support to the plan of Governor West to build a highway from here to Portland, a committee of Newberg people waited on the governor yesterday afternoon, and placed their proposition before him. A committee appointed by the governor is now looking ove r a route for the highway, and will conclude Its work today. The governor advised the Newberg delegation to take the matter up with this committee. The delegation is enthusiastic over the proposed highway, and It proposes to exert every possible 'effort to get the road on the west side of the river T. Oregon ot (Jeltlnff Her Shnro. Despite the fact that the Weeks law passed recently by congress making appropriations for the sev eral states to be used by them in combating forest fires is applicable to this state Wilson seems to be adverse In giving Oregon Its share and Governor West and the members of the forestry department are pre paring to make a fight for It. Wilson in his letter says that much money has been spent by the gov ernment in the protection of the na tional forests but none has been spent in the eastern states. He is rather inclined to think that the rest of the appropriation should now goto these state presumably to protect a few scrubby trees. THE ROBBERS . WERE CHASED BY "SOCIETY" TlTNITEn TBESS I.EASKD WIIIE. Ardsley, N. Y., July 29. In a run ning battle with yeggmen who dyna mited the safe in the railroad station and the postofflce here today, Now York financiers, prominent mer chants and other members of the fashionable summer colony here, both men and women, parti (pated. After a thrilling chase, during which a number of shots were ex changed, the three bandits escaped in a fast motor boat. It Is believed Oiat one of the robbers was wound ed. o THE NEW ItIiH.lt TO HAVE NEW IRO;R. MSUXDAY The Bllgh Orpheum and vaude vllle theater has a big pj gram for Sunday. The change Includes thrne big features with ten people Includ ed In the acts. They are Harvey Reese and the Alfrey S'sters In com edy, singing, talking and acrobatic dancing an act never before sevn at Salem. The Marve'ous Fitzgerald will appear In a comedy barrel jump ing act. The big comedy trio, Hol Hngsworth, Gale and Burke, featur Ing "That Man Hlggins," a modern play'ette that, causes oceans of laugh ter.closeH the bill. There are be sides the newest motion pictures. Jordan Resign. (rtTi!i ibii irn wime Palo Alto, Cal., July 29. Presi dent David Starr Jordan, of Stanford university, has sent his reglsnatlon to Governor Johnson as a member of the fish and game commission. He will be succeeded by Frank Newbert, of Sacramento. President Jordan's resignation was caused by a contem plated extended tour of Europe. IT IS UP TO THE KAISER HOW AND ON HIS ACTION DEPENDS THE PEACE OF ALL EUROPE Unless Germany Recedes From sions in Morocco Negotiations Between France and Ger many Will Terminate Abruptly and War Will Follow Eng and France -to Send Batteships ot Agadir, and Germany May Take This as a Hostile Act and Declare War. Following are the points In the Moroccan lmpbroglio which may lead to war between Great Britain, Ger many, France and Spain, and per haps other European nations. The gist of the dispute la that it Is a bat tle of the commercial Interests of the four natlone named. Spain owns a narrow fringe of ter ritory along the Moroccan coast, France, nominally, is mistress of all territory east and south of Morocco. The keenest rivalry exists In extend ing their respective "spheres of influ ence." 1903 France loaned the sultan of Morocco 7,500,000 franks. 1904 French government ar ranged for French syndicate to make a further loan to Morocco, France and Spain signed &ui agreement to not enlarge their "spheres of influ ence." 1905 The Bultan of Morocco re jected the French demand for per mission to establish more military posts and that ' French officers be placed In command ot the' sultan's troops. 1905 Germany made a demand that the "open door" be maintained In Morocco, extended her influence BUBOil PLAGUE IS REPORTED UNITED TRKItH I.EASKD WIIIB. Sacramento, Cal., July 29. A case ot bubonic plague, the first human case in the state for a year, was re ported today to the state board of health by Dr. Rupert Blue of the United State public health and mar ine hospital service at San Francisco. The victim was Horace Flood, who died July 26 In Contra Costa county. Bites and scratches from a ground squirrel are supposed to be the cause. o STAmUtD OIL IS TO REORGANIZE New York, July 29. It was an nounced here today that the Stand ard Oil stockholders next weeklll receive a circular explaining the terms of the reorganization decided on for the trust. It Is understood the plan provides for splitting up the Standard Oil company of New Jer sey, the parent company, Into 33 companies. Ituwlmll, American at. Boston, first game; St. Louis 0, Boston S. National at Pittsburg, first game: Boston 2, Pittsburg 17.. American at Ne-w York, first game: Chicago 10, New York 2. American at Philadelphia: De troit 3, Philadelphia 17. American at Washington: Cleve land 1, Washington 7. BANKER WILL BE PROSECUTED BY HIS VICTIMS fUSXTED Vnr.KH I.K.ISBD WIHB.l Pearl, III., July 21). Carey A. Man ker, the banker who surrendered himself to the police of San Fran cisco as a defaulter, left here No vember 24, 1908, taking with him RI.OOu" of the deposits of the Bank of Pearl, of which he was president. He has a wife, three daughters and ;a son. Ills victims here scout his hwl luck story told the San Fran cisco police and Intend to prosecute him to the limit. IS ABOUT IN HR0CCO Her Demands for Conces and offered a big loan to the sultan, which was resented by France and Spain. An acute crisis followed, which was settled by the calling of aurjaatu vm jy 'uoU3auo3 sBjpaS -IV en. ib eouajejnoo xl ejeod em Emperor William Insisted on the Ger man nosltlon. hnvlnir mennMma strung a great army along the Rhine on me renon ironuer. Tne Kaiser forced the retirement of M. Delcasse, the French foreign minister, and an agreement wan finally signed. 1911 Both France and Spain have extended their military lines, despite mo opposition or me floors, uer- mailV then sent two eunhnnta tn Acr. adlr to "protect German Interests." France immediately resented this, and the British government declared that Germany will In no case be al lowed to occupy Moroccan territory. The Kaiser Decides It. London, July 29, Emperor Wil liam Is the center of the stage to day in the Moroccan imbroglio, and on his attitude at the conference with his ministers at Swlnemunde tomor row hinges the question of peace or war for Europe. . Unless Germany recedes from her demand for territorial concessions In Morocco, the negotiations between France and Germany will end ab ruptly, and, if they do, the declara tions of war are expected to follow within a very few hours. In semi-official quarters here to day it is Intimated, though no con firmation Is yet available, that France and England plan to at once send war ships to Agadir of equal tonnage with the German cruiser Berlin and gunboat Panther, which are now at that port. It Is conceded that such an act would greatry complicate the hlrendy delicate situation, it it were not, In fact, immediately regarded as a hoHtlle act, to which Germany could only reply by a declaration of war. Ii London today the financial sit uation is unchanged. The stock mar ket was weak and securities on the exchange were under heavy pressure, but, owing to the mid-summer leth argy, trading was at such a low ebb that the drop In price did not greatly affect the total sales. Lloyds con tinues to demand a 10 per cent pre mium on war risks, and many poli cies are being written at that figure. LACE CURTAIN COSTUME WAS TOO STARTLING UNITED l'KKHH I.Kmt! WIIIB. . Sacramento, Cal., July 29. Frank R Adams took a lace curtain from his room In lodging house today, and wrapping the draping about his body, went to the front porch of the house and executed a Salome dance. A large crowd gathered, The dance was ended by the police. Adams was charged with disturbing the peace. ARBITRATION TREATIES WILL SOOX BE SIGNED (IINITID I'BKHS I.niSED WIIIE. 1 Washington, July 29. The general arbitration treaties between the United States and Great Britain and the United States and France will be signed In Washington next week, ac cording to announcement made here today. o TDK OI.I KMGATE . WILL UK SAVKH UNITED PRESS LIMPED WIIIE.l Vallejo, Cal.. July 29. The. plan of the navy department to cons'gn the historic old frigate Independence, the old.-st ship in the navy, to the nnvy. to the Junk heap, has been abandoned, becnu.se of a storm of public protest, and the undent vessel will be retained us a receiving ship at Mare Island. AMERICA X EAC.I.E isAc;itKATriupprcu I UNITED TUBS LEAVER WItlE.1 Santa, Rosa, Cal., July 29. Sam uel Boyd killed an eagle here, after a battle In which Boyd's flesh was torn to ribbons before he finally suc ceeded In choking it to death. J