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For Exchange
Fine income paying residence property
in one of the best towns in the North
west Will be exchanged for residence in
Corvallis or small improved farm near
this city.
For particulars address
OWNER,
P. O. Box 676,
CORVALLIS, OR.
3L- i
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uorvams Business uouege
1 . A SCHOOL OF NEWEST METHODS IN BUSINESS
CORVALLIS, OREGON
L. Ia' MORGAN1, PRIHOIPAL '
Individual and class instruction. Bookkeeping, Office Methods, Type
writer Bookkeeping, Chartier and Universal Shorthand.
POSITION CERTAIN.
3itlj
OPENS SEPTEMBER 27, 1909
Write for Terms
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GRADUATES CAN BE FOUND EVERYWHERE POINTING TO
THIS SCHOOL AS THE REASON FOR THEIR REMARKABLE SUCCESS J
Facts Worth Noting
Enrollment ol students past year 468.
Ail graduates placed in good positions.
Filled but 50 per cent applications for office help.
Reputation for thorough and personal Instruction.
- Safe and refining Influences. .
Send for new Folder and Success Stories.
DflCITIfiNC SECURED FOR STUDENTS WHEN
rUll I II Ll filMDFTFNT WITHOUT fH&DflF
xferM'Smy 'war .
OUR LOAN TO CHINA.
Significance of Sharing With Eu
rope In Financial Transaction. '
A BIG DIPLOMATIC STROKE
Preserves "Open Door" to American
- Capital, Trade and Governmental In
fluence In the Celestial Empire Prin
ciple Involved In' the Transaction Is
Considered of Worldwide Importance.
The entering -wedge of American
predominance in the awakening of
China was securely put in place the
other day in Pekin and the door of
the far east opened to American cap-,
itai, trade and governmental influence.
This wedge takes the form of an
allotment to .New York bankers of
one-fourth participation In a loan nego
tiated by the Chinese government for
the construction of the Hankow-Sze-chueh
railway. The total , amount of
the loan is $30,000,000, of which $7,
500,000 Is to be taken by an Amer
ican syndicate composed of the Na
tional City bank, First National bank,
J. P. Morgan & Co., and Kuhn, Loeb
& Co. The sum, so small for Wall
street, is truly a mere wedge, but the
principle involved is considered of
worldwide importance and opens the
door for things far greater. :
Formally Confirm Terms. r
Dispatches from Pekin say that at
the offices of the foreign board there
Liang Tun Yen, president of the board,
met Henry P. Fletcher, the .American
charge d'affaires, and formally con
firmed the participation of the New
York syndicate on equal terms with
the semiofficial syndicates of London,
Paris and Berlin.
The Chinese government likewise
gave assurance that Americans are to
have equal opportunity to :eupply ma
terial, for both the Canton and Sze
chuen lines, jrith branches, and to
appoint subordinate engineers. - They
are to have one-half of all future loans
on, the Szechuen railroad, with corre
sponding advantages. - The formal
edict will be issued in a few days after.
the arrival" in Pekin of Willard D.-h
Straight, "representative of the Amer
ican financiers. , -
For years Great Britain, France and
Germany have been diplomatically
struggling for the controlling influence
over China: when that vast, country
should have its awakening to western
civilization and exploitation. Tbey
have . maneuvered in every way .to
bring about conditions that might re:
suit in the-partition of the empire, so
that vast slices of its territory .might
"THE SCHOOL OF QUALITY"
Tenth and Morrison, Portland, Oregon 3 3 A. P. Armstrong, LL.B., Principal
Old in years, new in methodsadmittedly the high-standard-
-commercial school of the Northwest. .Open all the year. More
calls for help than we can meet position certain. Class and
individual instruction. Bookkeeping from written forms and by
office practice. . Shorthand that excels in every respect. Special
penmanship department. Write for illustrated "catalogue.
Prepares young people for bookkeepers, stenographers, ; correspon
dents and general office work.. The development of the Northwest
will afford openings for thousands in the next few years. ".Prepare
now. Send for catalogue.
W. I. STALEY, Principal " SALEM OREGON
T H E SECON D A NNUAL
Por
tland
Fair
Oregon's Biggest" Show !
Sept. 20-25
1909
Admission 50 cts.
6 Horse Races Daily
National Livestock Exhibits
Balloon Racing
Chariot Racing 1 ;
. Fascinating Midway Attractions
FIREWORKS will be the most gorgeous and magnificent py
-rotechnic display ever seen on this Coast. This will interest the
-whole family. - - -. -""--
REDUCED RATES ON ALL ROADS
fall into their imperialistic laps. ""
We Stand by China. ".-
The United States government has
stood by China as her friend. Eight
years ago John Hay, as secretary of
state, laid down the policy of this gov
ernment" as insisting on what was
called the "open door," meaning there
by that all nations should stand on
equal terms with China and that em
pire should not.be explsited exclusive
ly by any other nation to its own ma
terial advantage. ""V". -
This relatively insignificant railway
loan has proved to be the critical
incident' to bring to a focus the in
ternational diplomatic game that pow
erful" nations have been playing with
the vast, unknown Flowery King
dom as the most magnificent spoils at
stake since the days when Rome was
annexing practically all the world to
pay it tribute. - . l.' - ' .
Great Britain has been in the Chi
nese game with her gold. Germany
has been working the military end.
training and arming the Chinese sol
diers. France has been let in as their
helpful ally. . The United States, stand:
ing for fair play, for the open door,
for the best interests of China. was
not to be let into the game. ' All the
cards had been stacked for a three
handed deal, and this little loan, that
practically marked the . beginning of
China's entrance on railway construc
tion and, all the commercial progress
to follow along -the lines,- was to be
held closely among the three Euro
pean countries. -
The President's Prompt Action
This - was the situation two months
ago when President Taft instructed
the American ambassadors in Europe
and the charge d'affaires in Pekin to
lodge a -protest and to demand this
country's participation in whatever, af
fected the welfare of our peaceful ally
across the Pacific ,The affair at once
was lifted above a mere financial trans
action into the realms of International
diplomacy,
It was an unprecedented act for the
government at Washington to involve
itself in the transactions of a group of
private bankers, but President Taft
held that the conditions warranted the
move. The decent action of the for
eign board indicates that the Chinese
government has turned, toward Amer
ica as its friend and believes in the
disinterested policy of the United
States. -
In European diplomatic and financial'
circles the success of the American in
tervention Is looked upon as meaning
more than a simple one-fourth partici
pation In the game. The new partner
rather assumes the command and by
the peculiar conditions surrounding Its
entrance takes the leading position of
infltfence in the future development of
trade in the dormant kingdom's awak
ening. It is especially disappointing to
England, which was counting on the
lion's share of trade. -
Syndicate Is Elated. -A
representative of the banking syn
dicate in Wall street said:
"We naturally feel very much elated
over the success of the negotiations,
and we have no doubt as to their final
outcome. There is every reason why
American capital should play its part
In the development of the railway and
commercial resources of the Chinese
empire.
The Chinese government in recent
years has shown a remarkably pro
gressive spirit, and the conclusion of
the loan negotiations is a proof of the
friendliness that government feels to
ward . America. It is an appreciation
of the services our government has
rendered on more than one occasion
during the last ten years.
The orient is going to provide an
4nviting field for the. investment of
American capital, and we believe Chi
nese securities will prove as popular
in the United States as Japanese bonds
have been. ' China has a very high
credit among nations, -and the integrity
of its merchants and bankers ranks
with that of business men of any other
country.','"
Big Possibilities.
Commercial circles are not so ex
cited as financial groups over the great
possibilities of this entering wedge of
American domination of China and
things Chinese. The situation is ex
prssed in the following axiom, . f re-"
quently expressed:
"Trade follows the flag, but will It
follow the loan?"
The American Asiatic association,
which counts In its membership the
roreinost commercial interests of Amer
ica engaged in far eastern trade, is
inclined to be cautious and conserva
tive on the loan proposition. In its
last monthly bulletin the association
says: " . ,: ... . '.
"There can hardly be a doubt that
the attitude of the department of state
In regard to these railway loans was
assumed at the promptings of Presi
dent Taft, and it may be held as equal
ly certain that the financial group who
have declared their readiness- to be
sponsor for the flotation of Chinese I
securities in this country have the as-
surance of the president that they '
may confidently count on the strength .
and influence of this government being ,
behind any enterprise which they may ;
undertake. .
"The awakened public interest In I
matters Chinese which has attended
this new diplomatic -departure has :
been fanned by newspaper methods
-calculated to excite amusement, if not
derision, abroad. But the iet result .
has been so far a' solid gain in the
popular" understanding of certain great
international issues and one of the
questions on which the history of the
world during the twentieth century is
destined to turn." : .
Pekin's announcement that the Amer
ican share of the loan for constructing
the Hankow-Szechuen ; railway " has
been allowed by the foreign board is'
most gratifying "to the state depart
ment at Washington. It is not that
the amount, involved is sufficient to
justify a spirit of jubilance, but that
the American victory, is considered the
triumph of a principle. New , York
World. -
NEW MODE OF WALKING.
Boston Man Outlines Reform In Pe-
1 destrianism and Footwear.
Lewis F, Small of Boston, an expert
in, footwear, foresees a revolution in
footwear led by many -of the best
known society women of Boston. -Miss
Jane Hunnewell,. Dorothy Lawson,
Margaret Curtis, -the golf champion,
and Miss Norman have cast aside the
accepted shoes which are worn by
every one and reverted to nature's de
mands as expounded by Mr. Small. .
."Proper walking," . said Mr. - Small,
consists in putting the heel down
first, then resting the weight on the
small bump on the outer middle of the
foot, then resting it on the ball of the
foot just back of the small toes. Turn
the ankles outward, gripping with the
toes and heels. Stretch up on thball
'of the foot just back of the big toe
and get the drive from the toes and
the elastic pads behind' them.
"In Japan foot troubles are unknown,
for the simple reason that the Japa
nese walk in the manner outlined
above.-- In this country 90 per cent of
the people suffer from foot troubles."
NEW STYLE FIRECRACKER.
Machine Made Kind In Jersey May
:. Displace the Chinese Cracker.
-Montclair and Orange capitalists in
New Jersey are behind a firecracker
plant which- was recently put in op
eration in a secluded spot near Little
Ferry, N. J..- that may put the Chi
nese firecracker out of the American
market The Jersey firecracker is be
ing made by an automatic machine
that has a capacity of thirty-six per
minute, and the facilities at present
permit the manufacture of 216,000
firecrackers each day.
- The, cost of production is said to be
less than the import duty paid on the
Chinese : firecrackers, as no human
hand is required to toueh. the cracker
from the beginning of its manufacture
to the end, the process being entirely
automatic.
A noteworthy-feature of the new
cracker is that it is noninflammable-.
Sumner's Statue to Face Harvard's.
Charles Sumner, who for many years
has faced the Charles river in his
stone seat on Cambridge common at
Cambridge. Mass., will shortly take up
his abode almost opposite John Har
vard, educator and founder. Subway
operations make this imperative. The
"Med Fac" flagpole, which, if It could
talk, would unfold many mysterious
rales of that excitement loving organi
zation, is being uprooted also, and un
til it is replanted Harvard undergrad
uates will be-at a loss for fun. That
their fall amusement may not be inter
fered with the pole will soon be placed
on the common, near the Washington
Elm-gateway. , . .-
1
-.' - 'M 41 fS; I - 4
r V
- -,. -a -
V " - - SIR r--
DR. MANNS AND WIFE
Chiropodists and Foot
Specialists
Located at 136 North Second Street
CORVALLIS, OREGON
Free Consultation " Phone 1310
REST-ROtlP-BECDPERATE
At the Seashore
NEWPORT
Is a delightful resort and a happy combination of pleasure-ground
possibilities. An ideal climate diversion of
recreation perfect bathing boating fishing riding driv
ing, and exploring, make Newport a most charming and
popular play ground.
-; v Southern Pacific Co.
' .. . HAS A -. - '
Special Summer Excursion Rate to Newport of
$3.75
From CORVALLIS, OREGON
Ask for our booklet. "Outings in Oregon." -R.
C. LINVILLE, Agent, CORVALLIS, ORE.
WM. M'MURRAY, General Passenger Agent
Portland, Oregon
J
COPWGHTEU B0& Of M HOBTOM 14 CO J
Fishing Tackle
and all kinds of
Sporting Goods
Can be found here at prices that
cannot be' duplicated for goods
of similar fine quality. ; A good
fisherman knows and appreciates
good rods, lines, etc All of
which can be had at our estab-
ishment . '
Heater & Harrington
T ; SUCCESSOBS TO M. M. LONG
Phone 126 Corvallis, Oregon
GEO. W.DENMAN
Attorney at Law ;
CORVALLIS, OREGON
Office in Fischer building, over Graham
& Wortham drug store "
THE PALM CAFE
VIDITO & RTETMAN, Props.
Six o'Clock Dinners Banquets, Dinner
- PartUs and Sunday Dinners. . .
Next Palace Theater, ConraIlis,0re
HYDRAULIC WELL
DRILLING
Powerful end rapid well ma
chine run by gasoline engine.
Wind mill pump repairing,
and drove wells a specialty.
Place your orders now before the '
season's rush work is on. .
A. N. HARLAN
Box 526 Corvallis, Oregon
Taunton & Burnap
- Cement Contractors
Makers of Best Cement Walks in Town
All work guaranteed first
class.
. Corvallis, Ore
The Daily. Gazette-Times
By carrier or mail, 50c per mo.
Let us send it to you
Ok 0ty Stables
Everything new and up to
date. Rigs furnished on
short notice.. Call
and give us a
trial. Cor.
Madison
and
3d
L F.GRAY,
Manager