La Grande evening observer. (La Grande, Or.) 1904-1959, February 24, 1911, Image 1

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lilt CASE HAS
BAD EFFEGT Q N
MARKETS
BATE CASE HAS BAD EFFECT ON
MARKETS EARLY IX THE
TRADING DAY.
MANAGERS ARE OEJEGTED
People's Victory is Synopsis of Ex
presslons by Shippers Throughout
" the Country Today Hill Will Con.
tliine Business but Curtail Expan
sion and. Improvement Fay Less
' and Buy Less Say one Manager.
Portland, Oregon, Feb. 24
4 While no definite state-
nirnt has been niado here to-
day, the general impression
sit the headquarters of the'
6 Southern Pacific Is that the
commission's decision won't " -y
feet the road's plans to dou-v
hie track' Its line west of tl:$
4 Missouri river to Huntington
Oregon. None of them would 4
4 spcjffc . offcwlly on the sub-
6 Jcct' however ;' until a full
consideration , of the sltua-;
tlon here, Monday Is tafcrn. 4
Portiai,' Ore., Feb. 21 Harrlman's
officials are seemingly unsurprised at
the decision of the commission. They
Intimated they . anticipated lb It Is
generally believed there" wllf bp no
change In the constructive pbllcy. of
the system in the; Northwest. Joseph
Teal, counsel for the Oregon Lumber
association and transportation club
said the decision was a great Victory;
for the shlpiter.
Spokane, Feb. 24 The vice iresl
drnt of the Oretron-Wnshlngton Rill
road & Navigation company snld to
day the decision of the commission
i wonld put a damper on almost every
.western project but It would not af-
Lfeot the nlnns of the work already
contracted for.
' I
Nrw York. Feb. 24 Elation by the
shlnners ovr this country and a cor
Chicago, Feb., 24 A decision is ex
pected tomorrow on the application'
to have Indictments against the Chi
cago Meat Packers quashed or abated.
It is expected the prosecution will
go on. i
I Chicago. Feb. 23 (Special) The
imeat packers, of the two Industrie
Vhlch made Chicago famous. aj-1iow
rQr HnmBBsed by the JaH ' ord;r
Rouses In the matte-rof profits. The
recent reporjot sears. KoeuucK re
I rompRrehow a net profit for 1910
,c jmTtt.o fi?fl nn rrnaa sales of $61.-
riiuvivi v ' " o
1 579.838, a margin of prom amounting
;io nearly 11 per cent as compared
Vith less than S per nt made on the
oles by the packers. The annual sales
IflllfllL ORDER HOUSES SURPASS
i! CHICAGO MEATPACKERS' PROFITS
i
LA GRANDE, UNION COUNTY, OREGON", a - - FRtDAYj FEBRUARY 3i, 1911.
responding dejection by 'railroad man
agers la expressed today In telegrams
here as comments on the rate decis
ion of the Interstate Commerce Com
mission yesterday. '
"It is a people's victory" say the
general opinions of shippers while
tha railroad heads threaten reduction
of expense and curtailment of con-
etroctlon and an appeal from the de
cision. . .
President Hill of the Great North
ern said he would continue business
but there would be less Improvements
and extensions. President Pinley of
the Southern railroad said he would
appeal and others spoke In a like
President Brovn of th: New York
Central said he would not announce
his policy yesterday: Wlllard of the
Baltimore & Ohio said the only thing
today was to curexpense3 by buying
less and paying less; Baer of the
Reading said he. and his kind had suf
fered a great blow. '
It is Evident that the public Is out
of stocks today. At tr end of the first
hour a bullish movement developed
and prices advanced. The fact they
rose despite the aggressive selling,
Indicated the financiers saw nothing
In the decision to warrant the pan
icky conditions.
What the Decision Means
What the decision means:
Disapproves advances in freight
rates in official classification territory
which railroads estimated would
bring In 4 twenty-seven, millions more
annually 1 '
Declines to aporove increases by
railroads in Western Trunk lln- ter
ritory, and proposed . advances and
commodity rate. ";
' Orders carriers In both cases ' to
cancel their advanced tariffs on or
before March 10 ' and restore former
rates. V ' '
Served formal notice that unless the
advanced tariffs are cancelled for
mal order suspending them and put
ting the existing rate Into operation
for at least two years, will be Issued.
"'"-"'Stock Markets Flutter
' The stock markets opened this
morning with losses averaging many
points in standard railroad stocks
as the result of yesterday's rate de
crease decision by the . Interstate
Commerce Commission.
"The entire list of stocks ?"r th?
"rst fifteen minutes showed losses md
then slowly began recoveries us the
decision showd the big railroad.: ar.?
in a financial conditions thai are ex
cellent. ' ,
London Feels Shock.
Ijondon, Feb. 24 Leading Ameri
can railroad stocks slumped danger
ously at the1 open market today as a
result of yesterday's commerce com
mission tensions . aeainst th- rail
roads In the United States.
of the Armour and Swift pack
however, total four times as m
the mall order houses, an$Ht Is not
likely that In that refcflfd the pack
ers will lose thejj?prestige. The In
ternational IWrvester company, a
westerneOncern "Morganlzed" report
edrri 1910 approximately the same
sales of Sears. Roebuck' & Company
but outclassed the mail order hous?
In the matter of margins four to "one
the same ration In which the mail
order house exceeded the packers.
The "Harvest' r trust" made net over
$24,000,000 on sales of about $60.
000,000 In 1910. or approximately 40
per cent. This Is twice as great a
margin as made in the United States
Steel Corporation.
MARTI A. OAPF.
Formerly Chairman of the' Interstate
Commerce Commission Which Start
led t'ae Entire Wcrld by Its Decls.
Ions Yesterday, but Who Is Xow. a
Member of the Court of Commerce
i ituicii I'-mil 'tie Appealed the
Commission Decision. ,v .
LOCAL FAIR ASSOCIATION GUAR
ANTEED APPROPRIATION
Yeetoing of all Speciul District aud
County Fair Appropriations Yeloed
Salem, Feb. 24 Asserting that' the
ttate treasury would be poorer by
$6,000 as the result of apprcprlal!ou;
passed by the .legislature' for the. bene-j
nt or county ana district la'.rs, uov
ernor.West has vetoed thres already
and will veto all the others.
West's animosity to the fair bills
hes nothing- to do with the joint sum
of $2,000 drawn down yearly by Un
ion and Wallowa counties for ah
agricultural fair. This county's fair
gets two thirds of $2,000 if Wallowa
county holds a fair and If not this
county gets It all and the provisions
covering this permanent appropria
tion' Is not affected by the measures
vetoed by Governor West today.
As Wallowa county will In all pro
babilities continue to hold a fair each
year It is more than likely that $1500
will be the sum total which the local
fair commission will get next year,
jrres jectlve of the v toes on today's
bills for they covered only special Mid
minor fair districts.
In this connection it has Vco-n.
apparent that the county coft over
looked the appointment In .ljiniiarv
of a commission of three to act to
two y.ars in the distribution ai.d e.-
penditure of the state funds. Tbr,' w 1
likely be appointed at the next term
ur the matter will be call.-d to the
attention of the county court in time
to ? t the commission ag'oir"; lg;ilty,
rnree ircm tnis county ani f v rm.n
Wallowa constitute that boird Mi
elects Its officers and works in. con
junction with the local fair associa
tion. C. D. Huffman, J. D. MrKer:"io;j
and Frank E. Smith of fcJlel.i. no
occupy that position. It w.tsJfKely
through the efforts of Fred'f.; Holmes
the former secTetajy-that the appro
priation is permanent and ni ranged
under suehiavorable clrcurastarces,
CALIFORNIA HAS RECALL
Senate Almost Unanimous In Its' Act-
Ion on the Gates Pecall Measure
Sacramento, Feb. 24 The senate
almost unanimously passed th--- Gates
recall, measure early today Including
the recall of the Judiciary. Indlca
tions ere that the house will also pass
it nnd then It will be submitted to
the rnnle to decide whether it shall
be an amendment to the constitution
Portland Employe Crashed.
' pn-tlond. Ore., Feb: 2!--W. D. Kee
zar. an employe of St. John's planlna;
mills was today caught in the mach
inery and crushed and instantly kill
ed. He leaves a widow and three
I small children.
VETO NO HARM
TO UNION
A1EICA1 WILL
BE SHOT
FLAX IS TO SEXD HIM TO EXSE
ED Ah KILL HIM IF TOWN
US ATTACKED
E
1
Many Small Battles Have Tuken Place
in Ue Interior in the Fast few Days
and Many Bridges Have Been Burn,
ird Kegardless of Investigation of
American, Marry DM1, Will be Held
ns Costly Hansom. -.,,., ;. , ?
San Die'20, ,Feb. 24 It is officially
stated here thftt Harry Dill, the' Amer
ican, has been taken to Ensenada.
and will be tried as a suspected spy
and a feb:l conspirator and shot" to
death regardless of the, present state
department Investigation, if rebels at
tack thf city of Enseneda from Maz
atlan. '
Manv Brldires Burned
Laref'T T ';rps.' Feb. 24 Passengers
arriving '"v today brought reports
of. ma" ;v.vs in Mexico and the
biirnlna; nf brldees by Insurgents near
Guadalotipe. Vellardpna, Asarco,' Cru-
cs And other small towns it Is re-
ncrted. Both sides lost heavily at La
Mancha. , ,
Governor R.-moved
San Diego, Feb. '24 Angered, by
iumll!atlns? defeit of General Veva
intl: recentjbattle of Mexlcall.5 Pres-
Ident Diaz has orderrd the removal ot
General Vesta as the governor of Low
er Call'ornla Immediately. His suc
cessor takes office Monday.
MaderoV Army in Danger.
El Paso. Feb. 24 Honln?,to strike
a vital blow to the rebel cause by ex
termination of the revolutionary
forces under Madero, announcement
was made at Juarz today that ar
rangements are complete today to sur
round the Madero troops at Ahumada
with a view of ending the revolution.
Five hundred federal troops left Juar
ez last night and ar?. making a forced
march on Ahumada.
GRANT) JURY IS THROUGH
Believed that Indictments will be An
nounced Within a Few Diys.
Seattle, Feb. 24 The grand Jury,
which has been sitting for five days
Investigating the charges of corrup
tion . in th police department, con
cluded Its work today. It Is expected
that Indictments will follow.
Iiitcrnrban' Lines In Oklahoma.
Oklahoma City. Feb. 24 The build-
jug of a network of interurban lin
to connect Oklahoma City. Guthrie,
El Reno, Shawnte and otkfTrcpntral
Oklahoma citlas ispolitenrilated by
the O'.Jahnmatallivoad company,
vhoss stocJA6lder3 met today to auth-
one An increase in. tne company's
iital stork from $3,000,000 to $15.-
000,000. ' - ..; . . -:. -
Y. W. C. A. of Fonr States
. Sliiox City, la.. Feb. 24 Young wo
inn delegates representing the col
lege branches of the Young. Women'
Christian association in Minnesota
South Dakota, Iowa and Nebraska as
sembled today at Mornlngside Col
lege in this city and besan a four
days' eonferenee. t , -
A ELEVEN TAKEN FROM MINE
Tonopah, NVv., Feb. 24
With eleven dead reported
recovered and fire In . the
mine practically, extinguish
ed today there is still strong
hopes for ' rescuing -th-. five
men still in the mine. There
Is still considerable cas In
the 11,000 evels.' .
JONES OF WASHINGTON"
Washington, Feb. 24 Senator Jones
of WnshlnKton today came out fav
orlng the Japanese Treaty. He said
be was opposed to Japanese labor
luiuiiuiHiIuu bnt iei:!;Ted the new
treaty was accomplished the desir
ed Effect without any difficulty.
Jones' nttltnde lessens the oppo.
sltion from the Paclilc Coast which
' 5Tnj tfcemed sol'dly opposed to the
ratification of ths measure, '
FINANCE COMMITTEE WUL NOT
GIVE REPORT
Measure Sent Back Without Recom
mendation of any Sort Today. !
Washington, Feb, 24 The senate
finance committee today reported th a
reciprocity , bill without recommenda
tion. , - v.;- .''!
The committee voted unanimously
not to report for or against thv meas
ure and puts it up to the senate.1 l' .'
Washington, "Fccb; 24 The fate, of
the Canadian Reciprocity treaty may
depend upon bow far the conscience of
Senator Heyburn of Idaho will Btretch.
Asked what he Intended to do about
ths president's pet bill, Heyburn said
"I will oppose the agreement by every
Square means as far as my conscience
allows," Heyburn would not say
whether he would filibuster.
Continuous Session Likely
Threats of a continuous session of
congress until tne next presidential
election are being voiced here today
by Rep. Ollle Jamesf Kentucky Demo
crat) "If Taft calls an extra session."
said Jara'K, "We will stay hereafltll
the election. We will pass f Iftcfen tariff
bills, put nine invesilgtfnng commit
tees at work onthe federal depart
ments, the-sfeel trust and pork bar
rel. Wwill give Wlckersham and Bal-
ger something to think about."
TWENTY-MILLION FIRM STARTED
BA'trest Liiinlier Concern in Canadian
Dominion Launched This Week
Vnncouvf, ;B. C Feb. 24 The larg
est lumber concern in the Dominion (
Canada to be known as the British
Canadian Lumber . Corporation, and
which ,1s capitalized at $20,000,000 has
Just been launched. The headquarters
of the corporatlem will be in Van
couver. "
British, Canadian and American
capitalists are Interested In the pro
ject. The company, has many large
timber claims scattered throughout
the provinces and it Is said the total
amount of timber controlled by It ex
ceeds 14.000.000.000 feet. This Is 4,
000,000,000 more feet than the timber
controlled by the Southern Pacific rall-
road In the tJnlted States, one of the
heovipst timber holders In America.
Whitman Elects Captain
mitman College. Walla Walla,
Wash., Feb. 24 (Special) Edson John
son of Cancouvec, Wash., a member of
the sophmore class, has been chosen
captain of the base ball team for the
coming season. He Is a veteran player
and the election meets with universal
commendation.
SENATE 1ST DO
ALL WORK
NUMBER 105
FILI10STER Oil
OlilEDl
- ,. - ; . i r".
LOYAL FEW STAND OUT AGAINST
APPARENT MAJORITY FA. .
, ' - -YOR YINIICATION V V
II : F
With Chambers Practically Empty, '
Loyal Fhe Commenced Talk Against
Eorlmer that May pevclop Into a
Fllllbuster Galleries ' Crowded
While Five Senators Appear as thn
SI weeopnnts of Senate Chamber. 1
' Washington, Feh. 24 Developingr
into an apparent fllllbuster, Senator :
Beverldge's struggle to oust Senator
Lorlmer was resumed this afternoon.' '
Root. Burton. Owen, Borah. Crawford '
and Stone appeared ready to talk In
deftnltely. At 1:45 the chambers were
deserted save for the men mentioned,
though the galleries were crowded.
It; Is. now. practically admitted that 1
the senate has a majority who favor
Lorlmer's vindication. ; : :
Japan a Favored Nation
! Washington, Feb. 24 That Japan
under the new treaty will enter; "most
favorrd nation," class as regards the
United States Is revealed here by the'
publication of a tarirt paragraph of
the treaty which eays. Import duties', '
from either country may be regulat
eltbbr hy; special arrany inents or by ,
international legislation.' i v , ,,
, i ' Cubans Celebrated f,. "
. Havana, Feb. 24 Havana, togither '
wfth the other cities and towns of Cu- '
baytoday kept a holiday In celebration ;
of the sixteenth 'anniversary ..of . the
commencement of the revolution Which
with . the Intervention pfthe t'ni cd
Stat:. culminated In the e"iorcp-
tlon of Cubi from the Sp?i.irh ,.'.e.
Vrobing Allesred Graft In Illinois
Springfield. 111., Feb. 24r-The Helm
committee of the Illinois general as
sembly, appointed to investigate the'
scandals of the last legislative
sion, began its hearings today. Among
tne nrst witnesses summoned to 4es
tlfy are States Attorneys Burkef
Springfield and Wayman ofChlcago
who were lnstrumentarinsecurlng In-
Alimt- - . i . ... ..
u.uuraiu nftainoijmiue or tne auegea
grafters.
'lana Oratorical Contest
Indianapolis. Ind.,';. Feb. 24 Many
delegation of college students arriv
ed In the cty today to root for their
favorites In the annual contest of the.
Indiana State Oratorical Assoclatloi
The colleges and universities repi
sented Include Notre Dame, De Pnj
Hanover.' Wabash, Eaiilham, Fran
and Butler.. ' ... . I
DUAL IS RESIDENCE DISTR
MARKED WITH BLOOI
One Dead, n Bnndlt Dying audi
er Hurt In Small Buttll
Seattle, Fib. 24 Patrolmeil
Davis is dead. Alex Hist, agel
an alleged holdup man wouncy
hips, John Ford, a second
ported dying this afternoon
suit of a duel last night in
tol Hill residence district.
Patrolman Herbert Smlthl
tured the men, wounding ll
they shot down Davns, ep
scratched. The wen were I
clothes men on the corner
dlately commenced firing.
SEATTLE OFFiC
SR0TI1I
' ' F
1