La Grande evening observer. (La Grande, Or.) 1904-1959, November 13, 1912, Image 1

Historic Oregon Newspapers

La Grande evening observer., November 13, 1912, Image 1

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Newspaper Page TextV Ik liming VOLUME xn. LA GRANDE, UNION COUNTY, OREGON, WEDNESDAY, NOVEMBER 13, 1912. NUM 9 6?' a k 15 VP BANKERS AND ranw FINE OUTLOOK MONEY IS PLENTIFUL CROPS MONEY STILL COMING UNPARALLELED CONDITIONS PREVAIL EVERYWHERE Local Banks Show Better With Larger Deposits Than Any Time In Two Tears and Note That Half of Wheat Crop Is Not Moved and Apple Crop lias Not Realized Profits Yet. Echoes from the four corners of the financial United States rang stac cato and true optimism, and were en larged and imuroved with local op timism In this ctty yesterday when directors or tne La uranue .uuonai bank of this city heard read Btate mcnn from Eastern lianklne corre spondents that smacked of a better financial status torougnout tne unu aH adieu rlpht now tlmn either last fall at this date or the year previous to that. It was at tne regular niontn ly meeting that the very flourishing conditions of the money marKet on th pnnit wern ilianuEsed and the let ters read. Eastern and Mlddlewest- nrn fnrrPRnnndpiltR. fillet! aB the Na- ticual City bank of Chicago, one of the largest institutions in the coun try, conveyed the news of splendid crops, plenty of money and an easy money market generally throughout the East. "Without going back to where tiiu center of finance is" said F. L. Mey ers, cashier of the La Grande Nation al, this morning, 'conditions locally are better than, they have been for two years past. Deposits are increas ed by the thousands the past twj months, clearings are larger and there Is ample money on hand In In Ion county bunks to handle tho routine demand for dollars and cents, and Eastern reserves are not cramped in anv way. Our directors wont away after the meeting with their systems surcharged with optimistic confidence. The record crops and easiness of the market more than onsets any imag inary depression that may be caused by a change in political administra tion at Washngton." Other Bunks Proierous. . That the prosperity noted by Mr, Meyers is not on one side, Is attest ed by other bank cashiers. "Conditions in the county and stale and the nation, so far as we come In contact with them, are better than they have ever been In the history of our' institution" Is the way T. J. Scrog gin of the Touted States National sizes up the situation. He Is backed up in his assertions on Eastern con dit'ons by correspondents from the same cities nnd territory as other banks in the city and county dui in addition to that. Is in close personal touch with Union county conditions. Never better," is . his reiterated statement. "Rank deposits are much larger than they have ever been, and mind vou, the wheat crop in Union county is only about half moved and the apple crop has realized nothing to the orchard men as the shippers are only now preparing for the an nual harvest of profits, that comes along In December and January.' The Bache Review, a New York per iodical summarizing the general fin ancial, trade and business situation throughout the largest centers of the East, In its current Issue goes into much detail about the money depres sions that might be expected from the Balkan wars abroad and the changed politics at home, but finds In a stir ring conclusion: "Prices are at a lev el which look most attractve from the standpoint of this country alone, but buyers hesitate because of the complicated war situation abroad. The National City Bank of Chicago. In the mnrket centers, says in Its No vember letter, read at the directors bank meeting yesterday: Tl" rpcord movement or gra n X from th Western markets, with Cue . c.i.mW einorts of wheat the 13 141,000 bushel shipments this years being four-fold as great as year aeo and five times the total for that month of ISIO-M afforded employment for most or tne j money In the banks of the crop dls- CARELESS SWITCHMAN SENDS TWENTY INTO ETERNITYBY WRECK Indianapolis. Nov. 13. Fourteen rere killed and a score Injured In i collision between a passenger and a freight train on the Cliicinnatl-Hamil-ion-Dayton ralroad at Irvtngton, a iuburb of Indianapolis today. The wreck Is afire and It Is feared thut at least one body was Incinerated. The known dead: ALBERT ALTEX AND WIFE, Los Angeles. CHESTEH CHENEY AND CHIL DREN. JOHN CHENEY, a brother of Ches ter, CHRIS I M HOLT AND WIFE. FRED HUTCHINSON, a fireman, BERT WHITE, a brakeman. MRS. CHRISTIAN CHENEY AND CHILDREN COX, a passenger, PICK LEWIS CONVENTION HELD YESTERDAY EVENING. Minus Three Offices, Complete Ticket Is Selected by .Mem crv Lets three council nomiiuttioiis. the Li Crande Socialises ycs.-rJa eve'!-! li.H nominated by couveiitiou n.et.i- I odfc a right retained by niiuoiily ; o-! litical parties a full sl'He ' .1' candi dates to appear on im municipnl election ticket December J 'J. Bfc-j tween now and December 1st, t'io cc-n-j tral committee will namo threa conr.-' cilmanic candidates for the lirst, o'i'l, and third precinct.. i Lewis Heads Ticket. Bird F. Lewis, formei printer and now an auto dealer, v;-s the unani mous choice of the convention tor tii mayoralty and the burden of earn ing out the campaign will be en trusted to him. Encouraged by their increased votes of last year, the So cialists this year aim to make an even more portcntious showing than ever before. Several candidates in, the mayoralty were advanced but ail withdrew during the nominations and the standard bearing task fell to Lewis unanimously. , The Slate in Full. For Mayor B. F. Lewis. For Recorder Chris Sandborg. For Treasurer E. G. Hager. For Chief of Police Clarence Hel mlg. For Councilman, Fourth Ward Sam McClaln, balance to ba appoint ed. One of the chief reasons for the non-appointment of candidates In the three precincts is given as being that the men wanted for the places were not In attendance and the convention refused to name them without their consent. tricts and in institutions located at the reserve centers within that vicin ity. The movement, however, Is of the hiehest importance and Insures for the West and Southwest much greater prosperity than the country d-red hone for before the authorita tive figures 83 to the year's new crops were given out. That the grain move ment has taxed railroad facilities to the utmost Is apparent from the fact that, whereas In the second week of October last year the railroads re ported 35,879 idle cars In the United States and Canada, the flguces Just given out disclose an actual shortage on October 10 last of 31.579 freight cars. In other words, the crops are so abundant that the railroads have not toda' nearly enough cars to carry the produce to makret and at the B,YA .tma nrAviiio fnr th other great ly enlarged traffic that has been! greatly increased as a result oi ous Iness betterment and general Indus trial revival." The similar tone of unusual crops and financial conditions that r easy and plentiful was reported from all the big institutions and not only fiat but. In Its own small way. received similar if not rreater proportionate augmentation from monetary and crop reports In Union county, Oregon and the Pacific Northwest. On the day of sub rosa tnutterlngs of fear, such news is mire to drive to the wall any bearish tendencies and keep the same stiff political upper Up that woud hare been a fart on any non SOCIALISTS PORTER (missing). WY(,1GL8, a conductor. JOSEPH PALMEIt, WILLIAM SHARKEY. HAROLD BIRO. ISENJAM4N BOYLE. TWO UNIDENTIFIED MEN, ONE UNIDENTIFIED BOY. Most of the victims were In the smoker. The freight was standing on an open switch when hit. An exploding gas tank fired the wreckage and a bucket brigade tried to extinguish It Twenty were killed and the cause of the wreck was a switchman 8 for gettln to close the switch after the freight backed onto a siding in com pliance with orders to meet a passen ger. Fourteen were Instantly killed, four dying in the hospital. SIMPLY TOLD ARCHDEACON A MASTER OK All- GUM E NT. Convincingly Missioner Propounds Truth With Bare Clearness. Five great characteristics of rcl ginn as exemplified and radiated by Christ, 'the Bright ami Morning Star1 formed t!;e groundwork of a bi'lllant nnd scholarly address at the Episco pal church last evening as the third service of the mission conducted by the Rt. Rev. Archdeacon Webber. The attendance Is growing rapidly at these sessions as the divine's splen did speaking powers become known He has a style all his own as far re mote from the Iiiliy Sunday-Johnson et al mode of attack on the bulwarks of the sinful world, as day Is differ ent to nicht. His rhetorical construc tion and reasoning power are ex tremely pleasing and Instructive. The character of Jesus Christ as a reality, God consciousness, Man's service, with the pica that man bo a channel conveying good and kindness to fellow man rather than a barney the revelation, and forgiveness of sin were the five sub topics discussed In a most learned way. The archdeacon is accustomed to address large con courses, but' when the small parish calls him, he heeds the call and there fore Is In La Grande for a week, and Is fully as earnest and keen-edged here as in a large community. His chief attribute after his schol astic prowess Is his wonderful clear jess of areument. and In less than an hour he handled with remakrable simplicity and clearness, five themes that often are Incompletely and un clearly discoursed upon by the hour each. With short, clear-cut sentences he drives home the salient truths, nnd propounds new truths In such a way that leaves his points so promi nently distinct as to make him a past master In this art. Mr. Webber Thompson was heard in solo work again last evening with good effect. During the day these men hold vari ous services and their work Is mark ed with success at every turn. presidential year. Preliminary Crop Estimate The department of agriculture offi cial estimates of the country's princi pal crops, which this year promise to be tho greatest In Its history, some of the figure being as follows: Spring wheat 330.391. 000 bushels. Winter t.hent 339.412.000 bushels. Oats 1.417,172.000 bushels. Barley 224.619.nnO bushels. Corn--3.01 6,000.000 bushels. Potatoes 401,000,000 bushels. These figures in every case save that of wheat exceed the record up to the present time. These reports were complied by the bureau of sta tistics and are based upon the reports of correspondents and agents of the bureau situated throughout the coun try. The crops have been extensive. y good throughout the United Sta'es. which fact Is responsible for these large .figures. 5orth Towder Lady Bead. Mrs. Hattle Pllcher, wife of .lames O. Pllcher. died In Portland Snturdav as the result of an operation on a goitre. Burial was in North Pow der yesterday. GREAT TRUTHS GENERAL fill? I HIDDEH MIS'!' IN AMERICA CONDEMNED LEADED OF LATE REBELLION ESCAPES XADERO NON-CONCERNED AND N0N.C.0MM1TAL TOO Relieved In Mexico That Escape of Rebel Lender From Federal Prison Was Part of the Government's Scheme to Allow Rim Bis Freedom, Not Knowing What to Do With IIlui Vera Cruz, Nov. 13. The escape of General Diaz, late leader of tho rebel lion against President Madero, from San. Juan de L'lloa military prison, is generally credited. ' Diaz Is said to be In an American city. President Madero is non-commital on the escupe it Is believed the government pur posely allowed the condemned Diaz his freedom, not knowing what to do with him. It is stated that the Jailers furnish ed Diaz a boat and he made his way up the Mexican coast to a point north of Tampico a:id then donned a als guise and boarded a Mexican Nation al train to Matamoras, thence nod across the bovC.ei to Brownsville, Tex. Where he is now iio one knows. ASSASSIN NOT SUICIDE. Photograph of Girl in Murderer's Ef fects, Affords a Clue. Madrid. Nov. 12. The authorities are seeking to locate a girl whose piiulngrnpu was found in tne enocis of Ziirrate. the slayer of the prcirier o. .Spain yesterday. It is believed fie girl is the leader of an an.ircr.isnc ring. It is declared Zarrate had an i.Mtii.-.lifp Mtid the nolicn arc acekliltt Ing the latter. There is absoluta con firmation that the assassin d.d not do not know where he Is Imprison ed. WOMAN' WITNESS SHOT. Laborites' Trial Again Halted by Sick." ncss Among Jurors. Indianapolis, Nov. 13. Because of the Illness of Jurors Spauldlng and Thomas, the laborites' trial was post poned until tomorrow again today. Mrs. Alta Hawkins, a government witness, was shot through the legs while hunting. Sho Is unconscious and In the hospital. She kept an Iron workers boarding house In 1909. STEAM FITTERS DISGRUNTLED. Want Separation From the Federation of Labor at Once. Rochester. N. Y.. Nov. 13. Tho In tornntlon.il Association of Steam and Hot Water Fitters have demanded permission to withdraw from the La bor Federation at the nationnl con vention of the federation today. The litters charge bad faith on the part of the executive committee and steam titters ask separation from the Plum bers' union to form their own organi zation. M. J. ALLT0N' MARRIED. rvlr Hotel Manager Takes Unl" Himself a Bride at Welser. Friends of M. J. Allton, for several years prominently connected with the management of the Hot Lake sana torium will be Interested In learning of the marriage of the former Union county man, at Welser, Idaho. A Wel ser dispatch says: Prominent In the season's social events at Welser was the marriage last week, at the apartments of the bride's mother In Hotel Washington, of M. J. Allton. manager of the hotel, and 'MIbs Maud Irene Steuhmer, the daughter of Mr. and Mrs. J. H. Steuh mer of Emmetsburg. Iowa. Mr. All ton is one of the best-known hotel men In this section of the country, having had charge of a hotel at Hot Ike. Oreagon, for a number of years before coming to Welser. Miss Steuh mer. who has resided here a year. Is 8 popular member of the younger set SIB THOMAS LIPTOX WOULD TRY AGAIN' v t A i A f ifs"v'i! Vancouver, B, C, Nov. 13. "If the Vew York Yacht club officials will amend the American cup conditions and allow my challenge, I shall build two challengers In the endeavor to 'lift' the cup." This declaration of Sir Thomas Llpton's is the main. topic of conversation among local sportsmen today, and made Sir Thom as the principal figure In the local limelight while here. Lady Saves A Thousand EQUITABLE SAVINGS AND LOAN ASSOCIATION MAKES PAYMENT OTHERS NEARLY DUE Traveling Auditor Explains What Money Will do In the Equibilile. J. H. Curry, traveling auditor for the Equitable Savings & Loan Asso ciation of Portland, Is In the city on business. "I came lo pay off a maturity here in La Grande to a young woman who accumulated more than $IOi!0 on pay ments of $7 per month and we have many more to pay off here In the near future,," said the traveling aud itor. Asked how the Enuitable can make such a high rate of Interest for Its shareholders, Mr. Curry said: "We lend our money on homes In cities, taking a .first mortgage. We charge but a reaFonable rate of In terest but the interest Is payable monthly. This plan enables us to reloan the monthly payments thus compounding the Interest many times a year. The slate law requires that all securities be held In trust by state olliclais. As a further protect ion to our shareholders we have a re serve fund of $150,000 deposited with the state, which is about the same as a cash bond. This cannot be with drawn and It guarantees every trans action by the olfieers of this company That is, if the officers should make a bad loan they must make It good out of the reserve fund. No other finan cial company in the country so far as we know has such a reserve fund. According to our present rate of earnings $10,000 would amount to nearly $10,000 In six years and If left for twelve years, the original $10,000 would amount to nearly $21. 000." "We lend more money in La firamln than in any city of Its size In the Northwest. As we lend only In towns that seem to us to have a bright future, you can see that La Grande looks pretty good to us. "Areordlnar to a statement issued by the Equitable they have returned In maturities to snarenoiuers wnnni three years, $780,700. This Is said to be more than was returned to share holders by fifteen other companies of the northwest. Chns. E. Ladd Is tho president. T. B. Wilcox, vice-president and F. McKercher Is secretary of the Equitable. WASHINGTON' VOTE OCT. Ten Smnll Precincts Remain Uncount e4 Roosevelt Rons First. Seattle Nov. 13. Seventeen moun tain precincts are missing In the gov ernor's vote now standing: Lister 96,459; Hay 95,573; Hodge 77.000. Te rote for president Is as rol- Roosevelt 100,659; Wilson 91.859; Taft 66,899. 1 tH II KEY OF PLACE t HIS INFLUENCE IS THE ONLY BAR TO OUT BREAKS GERMAN RULER DOES NOT BE. LIEVE WAR IS NEEDED Though Russia Stands Ready to Strike If Austrians Continue Present Poli cies and Molest Servians Fraac and England Have Not Made Clear Their Positions to Date. Londan, Nov. 13. The influence of Kaiser WJIholm is admitted to be the only bar to a general European con flict. The kaiser does not believe that war is necessary to protect Austria's interests in the Adriatic. Austria and Italy are mobolizing fleets off the Ad riatic. Germany is quietly mobolizing Its army and Russia is ready to strike any moment the Austrians and Italians attack the Servians at Durai zo. The position of France and Eng land Is not stated. Bill gars on Offense Again. Paris, Nov. 13. The Bulgars ar again attacking the central forts at Tchatalja. It Is reported the battle front Is 20 miles. Heavy Roods a Hamper. Vienna, Nov. 13. Lieutenant Vott Wegener telegraphs the Rlcchpost. a newspaper that the Bulgars are steadily gaining ground at Tchatalja, and the Turks are being generally routed. Heavy roads are making the advance difficult. Dead Bodies Pollute Water. Constanza, Roumanla, Nov. 13. Constantinople reports say that many bodies are unbnriod outside the city, and the mortality Is the greatest at refugee cniups between the capital and Tchatalja. The refugees are uncloth ed and are drinking polluted water. Russia Opt'l,"S VwMi. Constantinople, Nov. 13 The Young Turkey, a newspaner. declares that the mobolization or the Russian army fri Europe hns been ordered and Im plies that the czar will oppose Aus tria and try to keep Servla from tho Adriatic. Yankovitch 'in Diirazzo (I) Belgrade, May 13. It Is unofficial ly report that Yankovltch's serbs have occupied Durazzo In defiance of Austria. GOMPERS AIMED AT. Socialists In Federation of Labor Aim to Clean House This Yenr. Rochester N. Y. Nov. 13. A move ment to oust Samuel Gompers pres ident of the Federation of I-abor and substitute a Socialist ticket was un covered this afternoon. It Is stated the Socialistic element composed one third of the federation delegates and. several big national organizations fa vor a cleanup. The election comes HJnndav night and a warm fight is expected. ' ASQUITH'S MOTION STANDS. Motion to Reconsider Is In Order, Tp scttlnir British Precedent London. Nov. 13. Speaker Lowther nf th. hnnan nf mmnnna rulpft that Asqulth's motion to reconsider the home rule vote or Monday is in or der. He declared It to b w'thout precedent In British parliamentary history. Aaquith said a re-conslderatlon on the vote was necessary. "The only honornblo course of the present lib eral cabinet is to resign or dissolve parliament and force an election In view of the Balkan crisis. I am wil ling to delay such a polcy temporar ily. Here From Alaska. E. J. Ives arrived last night from Alaska to visit George Lamoreau for a few days. Mr. ives and George were raised together In Mound City. Kan sas. Both came west years ago and Ives went on to Alaska. He has made good and in speaking of the northern country assured a reporter for the Observer that it was the place to get the money. U r - - - V.--ts t.oitt'iAnM lib ;- raae'ir (continued ea Pa W"Z)